Summary Report Date range covered: 01/01/2016 to 03/31/2016 Location(s): State Street Global Advisors Institution Account(s): All Institution Accounts IOI Properties Group …

Vote Summary ReportDate range covered: 01/01/2016 to 03/31/2016

Location(s): State Street Global Advisors

Institution Account(s): All Institution Accounts

IOI Properties Group Berhad

Meeting Date: 01/04/2016

Record Date: 12/22/2015

Country: Malaysia

Meeting Type: Special

Primary Security ID: Y417A6104

Ticker: IOIPG

Primary CUSIP: N/A Primary ISIN: MYL5249OO007 Primary SEDOL: BH7JFJ2

Proposal Number ProponentProposal Text Mgmt Rec

Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Acquisition of the Entire Issued Share Capital of Mayang Development Sdn Bhd and Subscription of New Redeemable Non-Cumulative Preference Shares-Class B

1

Mgmt ForForForYesApprove Acquisition of the Entire Issued Share Capital of Nusa Properties Sdn Bhd and Subscription of New Redeemable Non-Cumulative Preference Shares-Class B

2

RPC Group plc



Country: United Kingdom


Primary Security ID: G7699G108

Ticker: RPC

Primary CUSIP: G7699G108 Primary ISIN: GB0007197378 Primary SEDOL: 0719737


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Authorise Issue of Equity in Connection with the Rights Issue

Mgmt Yes For For For

Mgmt ForForForYesApprove Acquisition of Financière Daunou 1 SA

2

Carr's Group plc




Meeting Type: Annual

Primary Security ID: G19264111

Ticker: CARR

Primary CUSIP: G19264103 Primary ISIN: GB00BRK01058 Primary SEDOL: BRK0105


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports





Carr's Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Final Dividend 2

Mgmt ForAgainstForYesRe-elect Robert Heygate as Director 3

Mgmt ForAgainstForYesRe-elect Alistair Wannop as Director 4

Mgmt ForAgainstForYesRe-elect Christopher Holmes as Director 5

Mgmt ForForForYesRe-elect Tim Davies as Director 6

Mgmt ForForForYesRe-elect Neil Austin as Director 7

Mgmt ForForForYesElect John Worby as Director 8

Mgmt ForForForYesElect Ian Wood as Director 9

Mgmt ForForForYesReappoint PricewaterhouseCoopers LLP as Auditors

10

Mgmt ForForForYesAuthorise the Audit Committee to Fix Remuneration of Auditors

11

Mgmt ForForForYesApprove Remuneration Report 12

Mgmt ForForForYesAuthorise Issue of Equity with Pre-emptive Rights

13

Mgmt ForForForYesAuthorise Issue of Equity without Pre-emptive Rights

14

Mgmt ForForForYesAuthorise Market Purchase of Ordinary Shares 15

Mgmt ForAgainstForYesAuthorise the Company to Call EGM with Two Weeks' Notice

16

Mgmt ForForForYesAdopt New Articles of Association 17

Mgmt ForForForYesApprove Sharesave Scheme 2016 18

Mgmt ForForForYesAuthorise Directors to Establish Future Share Plans for the Benefit of Employees Outside the United Kingdom based on the Sharesave Scheme 2016

19


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAccept Financial Statements and Statutory Reports

1


Mgmt AgainstAgainstForYesRe-elect Robert Heygate as Director 3

Mgmt AgainstAgainstForYesRe-elect Alistair Wannop as Director 4

Mgmt AgainstAgainstForYesRe-elect Christopher Holmes as Director 5




Carr's Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Tim Davies as Director 6

Mgmt ForForForYesRe-elect Neil Austin as Director 7

Mgmt ForForForYesElect John Worby as Director 8

Mgmt ForForForYesElect Ian Wood as Director 9


10


11



13


14


Mgmt AgainstAgainstForYesAuthorise the Company to Call EGM with Two Weeks' Notice

16


Mgmt ForForForYesApprove Sharesave Scheme 2016 18

Mgmt ForForForYesAuthorise Directors to Establish Future Share Plans for the Benefit of Employees Outside the United Kingdom based on the Sharesave Scheme 2016

19

Partnership Assurance Group plc






Ticker: PA.

Primary CUSIP: N/A Primary ISIN: GB00B9QN7S21 Primary SEDOL: B9QN7S2


Votable Proposal

VotingPolicy Rec

Vote Instruction

This is a Second Call Meeting Originally Held on 26 November 2015

Mgmt No

Mgmt ForForForYesApprove Acquisition of Partnership Assurance Group plc by Just Retirement Group plc

1a

Mgmt ForForForYesAmend Articles of Association 1b








Meeting Type: Court


Ticker: PA.



Votable Proposal

VotingPolicy Rec

Vote Instruction

This is a Second Call Meeting Originally Held on 26 November 2015

Mgmt No

Mgmt NoCourt Meeting

Mgmt ForForForYesApprove Scheme of Arrangement 1

Energa SA



Country: Poland


Primary Security ID: X22336105

Ticker: ENG

Primary CUSIP: N/A Primary ISIN: PLENERG00022 Primary SEDOL: BGQYBX7


Votable Proposal

VotingPolicy Rec

Vote Instruction

Management Proposals Mgmt No

Mgmt NoOpen Meeting 1

Mgmt ForForForYesElect Meeting Chairman 2

Mgmt NoAcknowledge Proper Convening of Meeting 3

Mgmt ForForForYesApprove Agenda of Meeting 4

Mgmt NoShareholder Proposals

SH AgainstAgainstNoneYesRecall Supervisory Board Member 5.1

SH AgainstAgainstNoneYesElect Supervisory Board Member 5.2

SH AgainstAgainstNoneYesElect Independent Supervisory Board Member 5.3

Mgmt NoManagement Proposal

Mgmt NoClose Meeting 6




Powszechny Zaklad Ubezpieczen SA



Country: Poland


Primary Security ID: X6919T107

Ticker: PZU

Primary CUSIP: N/A Primary ISIN: PLPZU0000011 Primary SEDOL: B63DG21


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Open Meeting Mgmt No




Mgmt ForForForYesFix Number of Supervisory Board Members 5

Mgmt AgainstAgainstForYesRecall Supervisory Board Member 6.1

Mgmt AgainstAgainstForYesElect Supervisory Board Member 6.2

Mgmt ForForForYesApprove Decision on Covering Costs of Convocation of General Meeting of Shareholders

7


UBM plc






Ticker: UBM

Primary CUSIP: G9226Z104 Primary ISIN: JE00B2R84W06 Primary SEDOL: B2R84W0


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Disposal by the Company of PR Newswire to PWW Acquisition LLC


Mgmt ForForForYesApprove Share Subdivision and Consolidation 2

United Spirits Limited



Country: India


Primary Security ID: Y92311102

Ticker: 532432

Primary CUSIP: Y92311102 Primary ISIN: INE854D01016 Primary SEDOL: 6576992






Votable Proposal

VotingPolicy Rec

Vote Instruction

Postal Ballot Mgmt No

Mgmt AgainstAgainstForYesApprove Guarantee to Pioneer Distilleries Limited

1

Controladora Comercial Mexicana S.A.B. de C.V.



Country: Mexico


Primary Security ID: P3097R168

Ticker: COMERCI UBC

Primary CUSIP: P3097R168 Primary ISIN: MXP200821413 Primary SEDOL: 2222459


Votable Proposal

VotingPolicy Rec

Vote Instruction

Meeting for Series B Shares Mgmt No

Mgmt ForForForYesDismiss and Appoint Legal Representatives with General Powers

1

Mgmt AgainstAgainstForYesDismiss and Elect Directors 2

Mgmt AgainstAgainstForYesDismiss and Elect CEO and Granting Powers 3

Mgmt AgainstAgainstForYesApprove Delisting of Shares from Mexican Stock Exchange

4

Mgmt AgainstAgainstForYesAuthorize Board to Ratify and Execute Approved Resolutions

5

Greentown China Holdings Ltd.



Country: Cayman Islands


Primary Security ID: G4100M105

Ticker: 3900

Primary CUSIP: G4100M105 Primary ISIN: KYG4100M1050 Primary SEDOL: B17N9P6


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Framework Agreement and Related Transactions





Telecity Group plc




Meeting Type: Court


Ticker: TCY

Primary CUSIP: G87403112 Primary ISIN: GB00B282YM11 Primary SEDOL: B282YM1


Votable Proposal

VotingPolicy Rec

Vote Instruction

Court Meeting Mgmt No


Telecity Group plc






Ticker: TCY

Primary CUSIP: G87403112 Primary ISIN: GB00B282YM11 Primary SEDOL: B282YM1


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Cash and Share Offer for Telecity Group plc by Equinix (UK) Acquisition Enterprises Limited


Zijin Mining Group Co., Ltd.



Country: China


Primary Security ID: Y9892H115

Ticker: 2899

Primary CUSIP: Y9892H107 Primary ISIN: CNE100000B24 Primary SEDOL: B2QZ4S8


Votable Proposal

VotingPolicy Rec

Vote Instruction

EGM BALLOT FOR HOLDERS OF H SHARES Mgmt No

Mgmt ForForForYesApprove Satisfaction of Conditions for the Non-Public Issuance of A Shares

1

Mgmt ForForForYesApprove Adjustments to the Proposal on the Non-Public Issuance of A Shares

2.00






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Class and Nominal Value of Shares to be Issued in Relation to the Non-Public Issuance of A Shares

2.01

Mgmt ForForForYesApprove Methods and Time of Issuance in Relation to the Non-Public Issuance of A Shares

2.02

Mgmt ForForForYesApprove Issuing Objects and Methods of Subscription in Relation to the Non-Public Issuance of A Shares

2.03

Mgmt ForForForYesApprove Subscription Price and Pricing Principles in Relation to the Non-Public Issuance of A Shares

2.04

Mgmt ForForForYesApprove Number of Shares to be Issued in Relation to the Non-Public Issuance of A Shares

2.05

Mgmt ForForForYesApprove Lock-up Period in Relation to the Non-Public Issuance of A Shares

2.06

Mgmt ForForForYesApprove Use of Proceeds Raised in Relation to the Non-Public Issuance of A Shares

2.07

Mgmt ForForForYesApprove Arrangement of Accumulated Distributable Profits Before the Non-Public Issuance of A Shares

2.08

Mgmt ForForForYesApprove Listing Place of Shares in Relation to the Non-Public Issuance of A Shares

2.09

Mgmt ForForForYesApprove Resolutions Validity Period in Relation to the Non-Public Issuance of A Shares

2.10

Mgmt ForForForYesApprove the Plan for the Non-Public Issuance of A Shares (3rd Revision)

3

Mgmt ForForForYesApprove Feasibility Report on the Use of Proceeds Raised in the Non-Public Issuance of A Shares (3rd Revision)

4

Mgmt ForForForYesApprove Dilutive Impact of the Non-Public Issuance of A Shares on Immediate Returns and Adoption of Recovery Measures

5

Mgmt ForForForYesAuthorize Board to Handle All Matters Relating to the Non-Public Issuance of A Shares

6

Mgmt ForForForYesApprove Zhuoxin Investments' Gold and Silver Bullion Purchase from Barrick (Niugini) Limited

7







Country: China



Ticker: 2899

Primary CUSIP: Y9892H107 Primary ISIN: CNE100000B24 Primary SEDOL: B2QZ4S8


Votable Proposal

VotingPolicy Rec

Vote Instruction

CLASS MEETING FOR HOLDERS OF H SHARES Mgmt No

Mgmt ForForForYesApprove Adjustments to the Proposal on the Non-Public Issuance of A Shares

1

Mgmt ForForForYesApprove Class and Nominal Value of Shares to be Issued in Relation to the Non-Public Issuance of A Shares

1.01

Mgmt ForForForYesApprove Methods and Time of Issuance in Relation to the Non-Public Issuance of A Shares

1.02

Mgmt ForForForYesApprove Issuing Objects and Methods of Subscription in Relation to the Non-Public Issuance of A Shares

1.03

Mgmt ForForForYesApprove Subscription Price and Pricing Principles in Relation to the Non-Public Issuance of A Shares

1.04

Mgmt ForForForYesApprove Number of Shares to be Issued in Relation to the Non-Public Issuance of A Shares

1.05

Mgmt ForForForYesApprove Lock-up Period in Relation to the Non-Public Issuance of A Shares

1.06

Mgmt ForForForYesApprove Use of Proceeds Raised in Relation to the Non-Public Issuance of A Shares

1.07

Mgmt ForForForYesApprove Arrangement of Accumulated Distributable Profits Before the Non-Public Issuance of A Shares

1.08

Mgmt ForForForYesApprove Listing Place of Shares in Relation to the Non-Public Issuance of A Shares

1.09

Mgmt ForForForYesApprove Resolutions Validity Period in Relation to the Non-Public Issuance of A Shares

1.10

Mgmt ForForForYesApprove the Plan for the Non-Public Issuance of A Shares (3rd Revision)

2

Mgmt ForForForYesAuthorize Board to Handle All Matters Relating to the Non-Public Issuance of A Shares

3




Coronation Fund Managers Ltd



Country: South Africa


Primary Security ID: S19537109

Ticker: CML

Primary CUSIP: S19537109 Primary ISIN: ZAE000047353 Primary SEDOL: 6622710


Votable Proposal

VotingPolicy Rec

Vote Instruction

Ordinary Resolutions Mgmt No

Mgmt ForForForYesRe-elect Shams Pather as Director 1a

Mgmt ForForForYesRe-elect Anton Pillay as Director 1b

Mgmt ForForForYesRe-elect John Snalam as Director 1c

Mgmt ForForForYesReappoint EY as Auditors of the Company with MP Rapson as the Designated Audit Partner

2

Mgmt ForForForYesRe-elect Alexandra Watson as Member of the Audit and Risk Committee

3a

Mgmt ForForForYesRe-elect Shams Pather as Member of the Audit and Risk Committee

3b

Mgmt ForForForYesRe-elect Jock McKenzie as Member of the Audit and Risk Committee

3c

Mgmt NoSpecial Resolutions

Mgmt ForForForYesApprove Remuneration of Non-executive Directors

1

Mgmt ForForForYesAuthorise Repurchase of Issued Share Capital 2

Elsewedy Electric Co


Record Date:

Country: Egypt


Primary Security ID: M398AL106

Ticker: SWDY

Primary CUSIP: M398AL106 Primary ISIN: EGS3G0Z1C014 Primary SEDOL: B15Q010


Votable Proposal

VotingPolicy Rec

Vote Instruction

Ordinary Business Mgmt No

Mgmt ForForForYesApprove Board Report on Company Operations

1






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Auditors' Report on Company Financial Statements for the Period Ending on Sep. 30, 2015

2

Mgmt ForForForYesAccept Financial Statements and Statutory Reports for the Period Ending on Sep. 30, 2015

3

Mgmt ForForForYesApprove Allocation of Income for the Period Ending on Sep. 30, 2015

4



Record Date:

Country: Egypt


Primary Security ID: M398AL106

Ticker: SWDY

Primary CUSIP: M398AL106 Primary ISIN: EGS3G0Z1C014 Primary SEDOL: B15Q010


Votable Proposal

VotingPolicy Rec

Vote Instruction

Extraordinary Business Mgmt No

Mgmt ForForForYesDiscussing the Contract Signed Between the Company and Bank ABC in Light of Breach of Agreement Re: Asset Sale

1

Huaneng Power International, Inc.



Country: China



Ticker: 00902

Primary CUSIP: Y3744A105 Primary ISIN: CNE1000006Z4 Primary SEDOL: 6099671


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove 2016 Continuing Connected Transactions Between the Company and Huaneng Group Including the Huaneng Group Framework Agreement and Transaction Caps

1

Mgmt ForForForYesApprove Connected Transactions on Finance Leasing and Leaseback by Huaneng Pingliang Power Generation Limited Company

2




Huaneng Power International, Inc.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Connected Transactions on Finance Leasing and Leaseback by the Company's Controlled Subsidiaries

3

PT Bank Negara Indonesia (Persero) Tbk



Country: Indonesia



Ticker: BBNI

Primary CUSIP: Y74568166 Primary ISIN: ID1000096605 Primary SEDOL: 6727121


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Directors and Commissioners Mgmt Yes For Against Against

Xinjiang Goldwind Science & Technology Co., Ltd.



Country: China



Ticker: 002202

Primary CUSIP: Y97237104 Primary ISIN: CNE1000008S5 Primary SEDOL: B29VXG4


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesAmend Articles of Association 1

Mgmt ForForForYesApprove Registration and Issuance of Medium-Term Notes

2

Mgmt ForForForYesApprove Participation in Private Placement of Sinoma Science & Technology Co., Ltd.

3

Mgmt ForForForYesApprove Estimated Annual Cap for Continuing Connected Transactions (A Share) and Respective Annual Caps for 2016

4

Mgmt ForForForYesApprove Product Sales Framework Agreement and Relevant Annual Caps for 2016-2018

5

Mgmt ForForForYesElect Zhao Guoqing as Director and Authorize Board to Fix the Remunerations

6




Baring Emerging Europe plc





Primary Security ID: G0814L102

Ticker: BEE

Primary CUSIP: G0814L102 Primary ISIN: GB0032273343 Primary SEDOL: 3227334


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesApprove Dividend 3

Mgmt ForForForYesRe-elect Steven Bates as Director 4

Mgmt ForForForYesRe-elect Ivo Coulson as Director 5

Mgmt ForForForYesRe-elect Jonathan Woollett as Director 6

Mgmt ForForForYesRe-elect Frances Daley as Director 7

Mgmt ForForForYesElect Nadya Wells as Director 8

Mgmt ForForForYesReappoint KPMG LLP as Auditors 9

Mgmt ForForForYesAuthorise Board to Fix Remuneration of Auditors

10


11


12


Fenner plc






Ticker: FENR

Primary CUSIP: G33656102 Primary ISIN: GB0003345054 Primary SEDOL: 0334505


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesApprove Remuneration Policy 2




Fenner plc


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesRe-elect Mark Abrahams as Director 5

Mgmt ForForForYesRe-elect Nicholas Hobson as Director 6

Mgmt ForForForYesRe-elect Vanda Murray as Director 7

Mgmt ForForForYesRe-elect John Sheldrick as Director 8

Mgmt ForForForYesElect John Pratt as Director 9


10


11

Mgmt ForForForYesApprove 2016 Sharesave Plan 12


13


14


Mgmt ForForForYesApprove Matters Relating to the Capitalisation and Capital Reduction

16


17

Huadian Energy Co., Ltd.



Country: China


Primary Security ID: Y3120G114

Ticker: 600726

Primary CUSIP: Y3120G114 Primary ISIN: CNE000000KX7 Primary SEDOL: 6416786


Votable Proposal

VotingPolicy Rec

Vote Instruction

EGM BALLOT FOR HOLDERS OF B SHARES Mgmt No

Mgmt AgainstAgainstForYesApprove Provision of Guarantee for the Working Capital Loan of Chenbaerhuqi Tianshun Mining Co., Ltd.

1




AES TIETE ENERGIA SA


Record Date:

Country: Brazil


Primary Security ID: P30641AA5

Ticker: N/A

Primary CUSIP: N/A Primary ISIN: BRENGPDBS064 Primary SEDOL: N/A


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Fix Size of the Board and Elect Director Mgmt Yes For Against Against

Mgmt AgainstAgainstForYesElect Employee Representative to the Board 2

SH AgainstAgainstNoneYesElect Directors Nominated by Minority Shareholders

3

Mgmt ForForForYesIncrease Size of Fiscal Council to Five Members

4

SH AgainstAgainstNoneYesElect Fiscal Council Members Nominated by Minority Shareholders

5

Mgmt ForForForYesAuthorize Board to Ratify and Execute Approved Resolutions

6

Debenhams plc





Primary Security ID: G2768V102

Ticker: DEB

Primary CUSIP: G2768V102 Primary ISIN: GB00B126KH97 Primary SEDOL: B126KH9


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesElect Matt Smith as Director 4

Mgmt ForForForYesElect Terry Duddy as Director 5

Mgmt ForForForYesRe-elect Nigel Northridge as Director 6

Mgmt ForForForYesRe-elect Michael Sharp as Director 7

Mgmt ForForForYesRe-elect Suzanne Harlow as Director 8

Mgmt ForForForYesRe-elect Peter Fitzgerald as Director 9




Debenhams plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Stephen Ingham as Director 10

Mgmt ForForForYesRe-elect Martina King as Director 11

Mgmt ForForForYesRe-elect Dennis Millard as Director 12

Mgmt ForForForYesRe-elect Mark Rolfe as Director 13


14


15


16


17



19

Mgmt ForForForYesApprove Performance Share Plan 2016 20

Beijing Enterprises Holdings Ltd.



Country: Hong Kong



Ticker: 392

Primary CUSIP: Y07702122 Primary ISIN: HK0392044647 Primary SEDOL: 6081690


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Disposal Agreement and Related Transactions


PhosAgro OJSC



Country: Russia


Primary Security ID: 71922G209

Ticker: PHOR

Primary CUSIP: 71922G209 Primary ISIN: US71922G2093 Primary SEDOL: BVGH3Q8




PhosAgro OJSC


Votable Proposal

VotingPolicy Rec

Vote Instruction

Meeting for GDR Holders Mgmt No

Mgmt ForForForYesApprove Interim Dividends of RUB 63 per Share for First Nine Months of Fiscal 2015

1

Mgmt ForForForYesApprove Company's Membership in Russian Union of Employers 'Russian Union of Industrials and Entrepreneurs'

2

Mgmt AgainstAgainstForYesApprove Related-Party Transaction Re: Guarantee Agreement

3

Aquarius Platinum Ltd.



Country: Bermuda



Ticker: AQP

Primary CUSIP: G0440M128 Primary ISIN: BMG0440M1284 Primary SEDOL: 6175366


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Remuneration Report Mgmt Yes For For For

Mgmt AgainstAgainstForYesApprove Remuneration Policy 2

Mgmt ForForForYesRe-elect Sonja Sebotsa as Director 3

Mgmt ForForForYesRe-elect Kofi Morna as Director 4

Mgmt ForForForYesRe-elect Edward Haslam as Director 5

Mgmt ForForForYesRe-elect David Dix as Director 6

Mgmt ForForForYesRe-elect Tim Freshwater as Director 7

Mgmt ForForForYesAuthorise Market Purchase of Shares 8


9

Mgmt ForForForYesReappoint Ernst & Young as Auditors and Authorise Their Remuneration

10




Aquarius Platinum Ltd.



Country: Bermuda



Ticker: AQP

Primary CUSIP: G0440M128 Primary ISIN: BMG0440M1284 Primary SEDOL: 6175366


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve the Amalgamation Agreement and the Amalgamation of the Company with Sibanye Platinum Bermuda Proprietary Limited


Good Resources Holdings Ltd


Record Date:

Country: Bermuda


Primary Security ID: G4094B107

Ticker: 00109

Primary CUSIP: G9736M148 Primary ISIN: BMG4094B1072 Primary SEDOL: 6539876


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Zhenjiang Rongde Agreement and Related Transactions


Mgmt ForForForYesAuthorize Board to Deal with All Matters in Relation to the Zhenjiang Rongde Agreement

2

Mgmt ForForForYesApprove Shanghai Wealth Agreement and Related Transactions

3

Mgmt ForForForYesAuthorize Board to Deal with All Matters in Relation to the Shanghai Wealth Agreement

4

KGHM Polska Miedz S.A.



Country: Poland



Ticker: KGH

Primary CUSIP: X45213109 Primary ISIN: PLKGHM000017 Primary SEDOL: 5263251


Votable Proposal

VotingPolicy Rec

Vote Instruction





KGHM Polska Miedz S.A.


Votable Proposal

VotingPolicy Rec

Vote Instruction








Mgmt NoManagement Proposals


Punch Taverns plc






Ticker: PUB

Primary CUSIP: G73003108 Primary ISIN: GB00BPXRVT80 Primary SEDOL: BPXRVT8


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt AgainstAgainstForYesReappoint KPMG LLP as Auditors 2


3



Mgmt ForForForYesAuthorise EU Political Donations and Expenditure

6

Mgmt ForForForYesRe-elect Stephen Billingham as Director 7

Mgmt ForForForYesElect Duncan Garrood as Director 8

Mgmt ForForForYesRe-elect Steve Dando as Director 9

Mgmt AgainstAgainstForYesRe-elect Angus Porter as Director 10

Mgmt AgainstAgainstForYesRe-elect John Allkins as Director 11

Mgmt AgainstAgainstForYesRe-elect Ian Dyson as Director 12




Punch Taverns plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Sharesave Scheme 13


Mgmt AgainstAgainstForYesAuthorise the Company to Call General Meeting with Two Weeks' Notice

15

Shanghai Electric Group Co., Ltd.



Country: China



Ticker: 2727

Primary CUSIP: Y76824104 Primary ISIN: CNE100000437 Primary SEDOL: B07J656


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt NoSPECIAL RESOLUTIONS

Mgmt ForForForYesApprove Parties to the Transaction in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.1

Mgmt ForForForYesApprove Transaction Subjects in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.2

Mgmt ForForForYesApprove Basis of Pricing and Transaction Price in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.3

Mgmt ForForForYesApprove Arrangement for Profit or Loss for the Period in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.4

Mgmt ForForForYesApprove Procedures for Transfer of Ownership and Liability for Breach of Contract in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.5

Mgmt ForForForYesApprove Class and Nominal Value of Shares to be Issued in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.6

Mgmt ForForForYesApprove Target Subscribers for Shares to be Issued in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.7

Mgmt ForForForYesApprove Method of Issuance and Subscription for Shares in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.8






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Pricing Benchmark Date, Basis of Pricing and Issue Price for the Issuance of Shares in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.9

Mgmt ForForForYesApprove Number of Shares to be Issued in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.10

Mgmt ForForForYesApprove Lock-up Period Arrangement in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.11

Mgmt ForForForYesApprove Listing Place of the Shares to be Issued in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.12

Mgmt ForForForYesApprove Treatment for the Company's Undistributed Retained Earnings Prior to the Shares Issuance in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.13

Mgmt ForForForYesApprove Validity of the Resolutions in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.14

Mgmt ForForForYesApprove Class and Nominal Value of Shares to be Issued in Relation to the Issuance of Shares for Supporting Funds Raising

1.15

Mgmt ForForForYesApprove Target Subscribers and Methods of Subscription in Relation to the Issuance of Shares for Supporting Funds Raising

1.16

Mgmt ForForForYesApprove Issue Price in Relation to the Issuance of Shares for Supporting Funds Raising

1.17

Mgmt ForForForYesApprove Number of Shares to be Issued in Relation to the Issuance of Shares for Supporting Funds Raising

1.18

Mgmt ForForForYesApprove Use of Proceeds in Relation to the Issuance of Shares for Supporting Funds Raising

1.19

Mgmt ForForForYesApprove Lock-up Period Arrangement in Relation to the Issuance of Shares for Supporting Funds Raising

1.20

Mgmt ForForForYesApprove Stock Exchange for the Proposed Listing in Relation to the Issuance of Shares for Supporting Funds Raising

1.21

Mgmt ForForForYesApprove Validity of the Resolutions in Relation to the Issuance of Shares for Supporting Funds Raising

1.22






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove the Report for Assets Swap and Issuance of Shares for Acquisition of Assets as well as Supporting Funds Raising by the Company and its Summary

2

Mgmt ForForForYesApprove Execution of the Assets Swap and Issuance of Shares for Acquisition of Assets Agreement with Conditions Precedent between Shanghai Electric (Group) Corporation and the Company

3

Mgmt ForForForYesApprove Execution of the Share Subscription Agreement with Conditions Precedent between Target Subscribers and the Company

4

Mgmt ForForForYesAuthorize Board to Deal with Relevant Matters of the Transactions

5

Mgmt ForForForYesApprove Report on the Use of proceeds from the Previous Fund Raising Activity by the Company

6

Mgmt NoORDINARY RESOLUTIONS

Mgmt ForForForYesApprove the Connected Transactions Involving Assets Swap and Issuance of Shares for Acquisition of Assets as well as the Supporting Funds Raising by the Company

1

Mgmt ForForForYesApprove the Independence of Appraisal Firms, Reasonableness of Appraisal Assumptions, Relevance Between Appraisal Methodology and Purpose and the Fairness of Valuation

2

Mgmt ForForForYesApprove Relevant Reports and Audited Figures Issued by Audit Firms and Asset Appraisal Firms

3

Mgmt ForForForYesApprove Compliance with the Relevant Laws and Regulations of the Assets Swap and Issuance of Shares for Acquisition of Assets and Supporting Funds Raising

4

Mgmt ForForForYesApprove Compliance by the Company with Clause 4 under Requirements on Certain Issues Concerning Regulating the Material Asset Reorganizations of Listed Companies

5




Country: China



Ticker: 2727

Primary CUSIP: Y76824104 Primary ISIN: CNE100000437 Primary SEDOL: B07J656






Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Parties to the Transaction in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.1

Mgmt ForForForYesApprove Transaction Subjects in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.2

Mgmt ForForForYesApprove Basis of Pricing and Transaction Price in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.3

Mgmt ForForForYesApprove Arrangement for Profit or Loss for the Period in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.4

Mgmt ForForForYesApprove Procedures for Transfer of Ownership and Liability for Breach of Contract in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.5

Mgmt ForForForYesApprove Class and Nominal Value of Shares to be Issued in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.6

Mgmt ForForForYesApprove Target Subscribers for Shares to be Issued in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.7

Mgmt ForForForYesApprove Method of Issuance and Subscription for Shares in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.8

Mgmt ForForForYesApprove Pricing Benchmark Date, Basis of Pricing and Issue Price for the Issuance of Shares in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.9

Mgmt ForForForYesApprove Number of Shares to be Issued in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.10

Mgmt ForForForYesApprove Lock-up Period Arrangement in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.11

Mgmt ForForForYesApprove Listing Place of the Shares to be Issued in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.12

Mgmt ForForForYesApprove Treatment for the Company's Undistributed Retained Earnings Prior to the Shares Issuance in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.13






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Validity of the Resolutions in Relation to the Assets Swap and Issuance of Shares for Acquisition of Assets

1.14

Mgmt ForForForYesApprove Class and Nominal Value of Shares to be Issued in Relation to the Issuance of Shares for Supporting Funds Raising

1.15

Mgmt ForForForYesApprove Target Subscribers and Methods of Subscription in Relation to the Issuance of Shares for Supporting Funds Raising

1.16

Mgmt ForForForYesApprove Issue Price in Relation to the Issuance of Shares for Supporting Funds Raising

1.17

Mgmt ForForForYesApprove Number of Shares to be Issued in Relation to the Issuance of Shares for Supporting Funds Raising

1.18

Mgmt ForForForYesApprove Use of Proceeds in Relation to the Issuance of Shares for Supporting Funds Raising

1.19

Mgmt ForForForYesApprove Lock-up Period Arrangement in Relation to the Issuance of Shares for Supporting Funds Raising

1.20

Mgmt ForForForYesApprove Stock Exchange for the Proposed Listing in Relation to the Issuance of Shares for Supporting Funds Raising

1.21

Mgmt ForForForYesApprove Validity of the Resolutions in Relation to the Issuance of Shares for Supporting Funds Raising

1.22

Mgmt ForForForYesApprove the Report for Assets Swap and Issuance of Shares for Acquisition of Assets as well as Supporting Funds Raising by the Company and its Summary

2

Mgmt ForForForYesApprove Execution of the Assets Swap and Issuance of Shares for Acquisition of Assets Agreement with Conditions Precedent between Shanghai Electric (Group) Corporation and the Company

3

Mgmt ForForForYesApprove Execution of the Share Subscription Agreement with Conditions Precedent between Target Subscribers and the Company

4

Mgmt ForForForYesAuthorize Board to Deal with Relevant Matters of the Transactions

5

Mgmt ForForForYesApprove Report on the Use of proceeds from the Previous Fund Raising Activity by the Company

6




Sibanye Gold Ltd





Primary Security ID: S7627H100

Ticker: SGL

Primary CUSIP: N/A Primary ISIN: ZAE000173951 Primary SEDOL: B98XZV9


Votable Proposal

VotingPolicy Rec

Vote Instruction

Special Resolution Mgmt No

Mgmt ForForForYesAuthorise Issue of More than 30 Percent of the Company's Issued Share Capital

1

Mgmt NoOrdinary Resolutions

Mgmt ForForForYesApprove Category 1 Transaction with Rustenburg Platinum Mines

1

Mgmt ForForForYesApprove Allotment and Issue of Sibanye Shares (i) the Consideration Shares to RPM and (ii) Sibanye Shares to Various Investors Through a VCP for the Payment of the Purchase Price

2

China National Accord Medicines Corp Ltd.



Country: China



Ticker: 000028

Primary CUSIP: Y77422114 Primary ISIN: CNE0000009N6 Primary SEDOL: 6803601


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt AgainstAgainstForYesApprove Application for Continued Suspension of Trading due to Major Asset Restructuring Plan

1

CITIC Securities Co., Ltd.



Country: China


Primary Security ID: Y1639N109

Ticker: 600030

Primary CUSIP: Y1639N109 Primary ISIN: CNE000001DB6 Primary SEDOL: 6579355




CITIC Securities Co., Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesElect Zhang Youjun as Director 1.1

Mgmt ForForForYesElect Yin Ke as Director 1.2

Mgmt ForForForYesElect Yang Minghui as Director 1.3

Mgmt ForForForYesElect Fang Jun as Director 1.4

Mgmt ForForForYesElect Liu Ke as Director 1.5

Mgmt ForForForYesElect He Jia as Director 1.6

Mgmt ForForForYesElect Chan, Charles Sheung Wai as Director 1.7

Mgmt ForForForYesElect Li Fang as Supervisor 2.1

Mgmt ForForForYesElect Guo Zhao as Supervisor 2.2

Mgmt ForForForYesElect Rao Geping as Supervisor 2.3

Troy Income & Growth Trust plc






Ticker: TIGT



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRe-elect David Warnock as Director 3

Mgmt ForForForYesRe-elect Jann Brown as Director 4

Mgmt ForForForYesRe-elect Roger White as Director 5

Mgmt ForForForYesAppoint PricewaterhouseCoopers LLP as Auditors

6


7




Troy Income & Growth Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


8


9


Mgmt ForAgainstForYesAuthorise the Company to Call General Meeting with 14 Working Days' Notice

11


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesRe-elect Jann Brown as Director 4

Mgmt ForForForYesRe-elect Roger White as Director 5


6


7


8


9


Mgmt AgainstAgainstForYesAuthorise the Company to Call General Meeting with 14 Working Days' Notice

11

Cemig, Companhia Energetica De Minas Gerais


Record Date:

Country: Brazil



Ticker: CMIG4

Primary CUSIP: P2577R110 Primary ISIN: BRCMIGACNPR3 Primary SEDOL: B1YBRG0




Cemig, Companhia Energetica De Minas Gerais


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Director Mgmt Yes For Against Against

Diploma plc






Ticker: DPLM



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRe-elect John Nicholas as Director 3

Mgmt ForForForYesRe-elect Bruce Thompson as Director 4

Mgmt ForForForYesRe-elect Nigel Lingwood as Director 5

Mgmt ForForForYesRe-elect Charles Packshaw as Director 6

Mgmt ForForForYesElect Andy Smith as Director 7

Mgmt ForForForYesElect Anne Thorburn as Director 8

Mgmt ForForForYesReappoint Deloitte LLP as Auditors 9


10



12


13



15




Diploma plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


1










10



12


13



15


Votable Proposal

VotingPolicy Rec

Vote Instruction


1










Diploma plc


Votable Proposal

VotingPolicy Rec

Vote Instruction




10



12


13



15

Glenmark Pharmaceuticals Ltd.



Country: India


Primary Security ID: Y2711C144

Ticker: 532296

Primary CUSIP: Y2711C144 Primary ISIN: INE935A01035 Primary SEDOL: 6698755


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Issuance of Equity or Equity-Linked Securities without Preemptive Rights

1

Mgmt AgainstAgainstForYesApprove Pledging of Assets for Debt 2

Lowland Investment Company plc






Ticker: LWI





Lowland Investment Company plc


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Peter Troughton as Director 4

Mgmt ForForForYesRe-elect Kevin Carter as Director 5

Mgmt ForForForYesRe-elect Karl Sternberg as Director 6


7


8


9


10



12

Majedie Investments plc






Ticker: MAJE



Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Paul Gadd as Director 4

Mgmt ForForForYesRe-elect William Barlow as Director 5




Majedie Investments plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesReappoint Ernst & Young LLP as Auditors 6


7


8


9


Mgmt ForAgainstForYesAuthorise the Company to Call General Meeting with Two Weeks' Notice

11


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesRe-elect Paul Gadd as Director 4

Mgmt ForForForYesRe-elect William Barlow as Director 5



7


8


9



11

Standard Life European Private Equity Trust plc





Primary Security ID: G8425X100

Ticker: SEP

Primary CUSIP: G8425X100 Primary ISIN: GB0030474687 Primary SEDOL: 3047468




Standard Life European Private Equity Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Alastair Barbour as Director 4

Mgmt ForForForYesRe-elect Alan Devine as Director 5

Mgmt ForForForYesRe-elect Christina McComb as Director 6

Mgmt ForForForYesRe-elect Edmond Warner as Director 7


Mgmt ForForForYesReappoint PricewaterhouseCoopers LLP as Auditors and Authorise Their Remuneration

9


10


11


Adani Power Ltd



Country: India


Primary Security ID: Y0019Q104

Ticker: 533096

Primary CUSIP: Y0019Q104 Primary ISIN: INE814H01011 Primary SEDOL: B3WQH49


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Issuance of Shares on a Preferential Basis to the Promoters

1

Mgmt ForForForYesApprove Reappointment of Vneet S. Jain as Executive Director

2

Mgmt AgainstAgainstForYesApprove Conversion of Loans to Equity Shares 3




CSG Holding Co., Ltd.



Country: China


Primary Security ID: Y1823S104

Ticker: 200012

Primary CUSIP: Y1503G123 Primary ISIN: CNE0000002R2 Primary SEDOL: 6192042


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt NoELECT NON-INDEPENDENT DIRECTORS VIA CUMULATIVE VOTING

SH ForForNoneYesElect Chen Lin as Non-Independent Director 1.1

SH ForForNoneYesElect Wang Jian as Non-Independent Director 1.2

SH ForForNoneYesElect Ye Weiqing as Non-Independent Director

1.3

SH ForForNoneYesElect Cheng Xibao as Non-Independent Director

1.4

Keystone Investment Trust plc





Primary Security ID: G5251R108

Ticker: KIT

Primary CUSIP: G5251R108 Primary ISIN: GB0004912068 Primary SEDOL: 0491206


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt AgainstAgainstForYesRe-elect Beatrice Hollond as Director 3

Mgmt ForForForYesRe-elect Ian Armfield as Director 4

Mgmt ForForForYesRe-elect William Kendall as Director 5

Mgmt ForForForYesRe-elect Peter Readman as Director 6

Mgmt ForForForYesRe-elect John Wood as Director 7


8


9




Keystone Investment Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


10



12

TOTVS SA


Record Date:

Country: Brazil


Primary Security ID: P92184103

Ticker: TOTS3

Primary CUSIP: P92184103 Primary ISIN: BRTOTSACNOR8 Primary SEDOL: B10LQP6


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Wolney Edirley Goncalves Betiol as Director


Usinas Siderurgicas De Minas Gerais S.A. - USIMINAS


Record Date:

Country: Brazil


Primary Security ID: P9632E117

Ticker: USIM5

Primary CUSIP: P9632E117 Primary ISIN: BRUSIMACNPA6 Primary SEDOL: 2386009


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles 12 and 28 Mgmt Yes For For For

Mgmt AgainstAgainstForYesElect Yoichi Furuta as Director 2.1

Mgmt AgainstAgainstForYesElect Oscar Montero Martinez as Director 2.2

Mgmt AgainstAgainstForYesElect Eiji Hashimoto as Alternate Director 2.3

Mgmt AgainstAgainstForYesElect Guilherme Poggiali Almeida as Alternate Director

2.4




Airports of Thailand Public Co., Ltd.



Country: Thailand



Ticker: AOT

Primary CUSIP: Y0028Q103 Primary ISIN: TH0765010002 Primary SEDOL: 6741187


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Matters to be Informed Mgmt Yes For For For

Mgmt ForForForYesAcknowledge Operating Results of 2015 2


3

Mgmt ForForForYesApprove Allocation of Income and Payment of Dividends

4

Mgmt AgainstAgainstForYesElect Johm Rungswang as Director 5.1

Mgmt AgainstAgainstForYesElect Kampanat Ruddit as Director 5.2

Mgmt ForForForYesElect Voradej Harnprasert as Director 5.3

Mgmt ForForForYesElect Wara Tongprasin as Director 5.4

Mgmt AgainstAgainstForYesElect Rawewan Netrakavesna as Director 5.5

Mgmt ForForForYesApprove Remuneration of Directors and Sub-committees

6

Mgmt ForForForYesApprove Office of the Auditor General of Thailand as Auditors and Authorize Board to Fix Their Remuneration

7

Mgmt AgainstAgainstForYesOther Business 8

Coway Co. Ltd.



Country: South Korea



Ticker: 021240

Primary CUSIP: Y9694W104 Primary ISIN: KR7021240007 Primary SEDOL: 6173401


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Spin-Off Agreement Mgmt Yes For For For




Gome Electrical Appliances Holdings Ltd



Country: Bermuda


Primary Security ID: G3978C124

Ticker: 493

Primary CUSIP: G3978C124 Primary ISIN: BMG3978C1249 Primary SEDOL: B01Z8S7


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Acquisition Agreement and Related Transactions

Mgmt Yes For Against Against

Mgmt AgainstAgainstForYesApprove Whitewash Waiver 2

Shenzhen Chiwan Wharf Holdings Ltd.



Country: China



Ticker: 200022

Primary CUSIP: Y1565S106 Primary ISIN: CNE0000007C3 Primary SEDOL: 6803441


Votable Proposal

VotingPolicy Rec

Vote Instruction



SH ForForNoneYesElect Shi Wei as Non-Independent Director 1.1

SH ForForNoneYesElect Lv Shengzhou as Non-Independent Director

1.2

SH ForForNoneYesElect Qu Jiandong as Non-Independent Director

1.3




Country: India



Ticker: UNITDSPR

Primary CUSIP: Y92311102 Primary ISIN: INE854D01016 Primary SEDOL: 6576992






Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Consider Erosion of Net Worth of the Company


Cementos Argos SA


Record Date:

Country: Colombia


Primary Security ID: P2216Y112

Ticker: CEMARGOS

Primary CUSIP: N/A Primary ISIN: COD38PA00046 Primary SEDOL: B89Z692


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Verify Quorum Mgmt No

Mgmt ForForForYesApprove Meeting Agenda 2

Mgmt ForForForYesElect Meeting Approval Committee 3

Mgmt ForForForYesAmend Article 4 Re: Capitalization of Reserves for Increase in Par Value

4

Electra Private Equity plc






Ticker: ELTA



Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Dame Kate Barker as Director 4

Mgmt ForForForYesRe-elect Francesca Barnes as Director 5




Electra Private Equity plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Edward Bramson as Director 6

Mgmt ForForForYesRe-elect Ian Brindle as Director 7

Mgmt ForForForYesRe-elect Josyane Gold as Director 8

Mgmt ForForForYesRe-elect Roger Perkin as Director 9


10


11


JPMorgan Chinese Investment Trust plc






Ticker: JMC



Votable Proposal

VotingPolicy Rec

Vote Instruction






Mgmt ForForForYesRe-elect William Knight as Director 5

Mgmt ForForForYesRe-elect John Misselbrook as Director 6

Mgmt ForForForYesRe-elect Kathryn Matthews as Director 7

Mgmt ForForForYesRe-elect Oscar Wong as Director 8


9


10


11





JPMorgan Chinese Investment Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove the New Investment Objective and Investment Policy

13

PPC Ltd






Ticker: PPC

Primary CUSIP: S63820120 Primary ISIN: ZAE000170049 Primary SEDOL: B7C6V89


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesElect Salukazi Dakile-Hlongwane as Director 1

Mgmt ForForForYesRe-elect Sydney Mhlarhi as Director 2

Mgmt ForForForYesRe-elect Tim Ross as Director 3

Mgmt ForForForYesReappoint Deloitte & Touche as Auditors of the Company

4

Mgmt ForForForYesAuthorise Board to Fix Remuneration of the Auditors

5

Mgmt ForForForYesRe-elect Bridgette Modise as Member of the Audit Committee

6

Mgmt ForForForYesRe-elect Todd Moyo as Member of the Audit Committee

7

Mgmt ForForForYesElect Peter Nelson as Member of the Audit Committee

8

Mgmt ForForForYesRe-elect Tim Ross as Member of the Audit Committee

9


Mgmt ForForForYesApprove the Safika Share Issue 11

Mgmt ForForForYesPlace Authorised but Unissued Shares under Control of Directors

12

Mgmt ForForForYesAuthorise Board to Issue Shares for Cash 13


Mgmt AgainstAgainstForYesApprove Financial Assistance to Related or Inter-related Companies or Corporations

1

Mgmt ForForForYesApprove Remuneration of the Chairman of the Board

2.1




PPC Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Remuneration of Each Non-executive Director of the Board

2.2

Mgmt ForForForYesApprove Remuneration of the Chairman of the Audit Committee

2.3

Mgmt ForForForYesApprove Remuneration of Each Non-executive Director of the Audit Committee

2.4

Mgmt ForForForYesApprove Remuneration of the Chairman of the Remuneration Committee

2.5

Mgmt ForForForYesApprove Remuneration of Each Non-executive Director of the Remuneration Committee

2.6

Mgmt ForForForYesApprove Remuneration of the Chairman of the Risk and Compliance Committee

2.7

Mgmt ForForForYesApprove Remuneration of Each Non-executive Director of the Risk and Compliance Committee

2.8

Mgmt ForForForYesApprove Remuneration of the Chairman of the Social, Ethics and Transformation Committee

2.9

Mgmt ForForForYesApprove Remuneration of Each Non-executive Director of the Social, Ethics and Transformation Committee

2.10

Mgmt ForForForYesApprove Remuneration of the Chairman of the Nominations Committee

2.11

Mgmt ForForForYesApprove Remuneration of Each Non-executive Director of the Nominations Committee

2.12

Mgmt ForForForYesApprove Remuneration of Chairman of the Investment Committee

2.13

Mgmt ForForForYesApprove Remuneration of Each Non-executive Director of the Investment Committee

2.14

Mgmt ForForForYesApprove Remuneration of the Chairman for Special Meetings

2.15

Mgmt ForForForYesApprove Remuneration of Each Non-executive Director for Special Meetings

2.16

Mgmt ForForForYesApprove Remuneration for the Lead Independent Non-executive Director

2.17


Mgmt ForForForYesApprove the 3Q Share Issue 4

Samsung SDI Co., Ltd.






Ticker: A006400

Primary CUSIP: Y74866107 Primary ISIN: KR7006400006 Primary SEDOL: 6771645






Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Spin-Off Agreement Mgmt Yes For For For

Mgmt ForForForYesAmend Articles of Incorporation 2

Air China Ltd.



Country: China



Ticker: 753

Primary CUSIP: Y002A6104 Primary ISIN: CNE1000001S0 Primary SEDOL: B04KNF1


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Satisfaction by the Company of the Requirements for the Non-public A Share Issue

1

Mgmt ForForForYesApprove Feasibility Study Report on Use of Proceeds to be Raised from the Non-public A Share Issue of the Company

2

Mgmt ForForForYesApprove the Report on Use of Proceeds from Previous Fund Raising Activities of the Company.

3

Mgmt ForForForYesApprove Class of Shares and Nominal Value in Relation to the Non-public A Share Issue of the Company

4.1

Mgmt ForForForYesApprove Method and Timing of Issue in Relation to the Non-public A Share Issue of the Company

4.2

Mgmt ForForForYesApprove Offering Size in Relation to the Non-public A Share Issue of the Company

4.3

Mgmt ForForForYesApprove Target Subscriber and Subscription Method in Relation to the Non-public A Share Issue of the Company

4.4

Mgmt ForForForYesApprove Pricing Basis and Issue Price in Relation to the Non-public A Share Issue of the Company

4.5

Mgmt ForForForYesApprove Lock-up Period in Relation to the Non-public A Share Issue of the Company

4.6




Air China Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Accumulated Profit Arrangement in Relation to the Non-public A Share Issue of the Company

4.7

Mgmt ForForForYesApprove Place of Listing in Relation to the Non-public A Share Issue of the Company

4.8

Mgmt ForForForYesApprove Effectiveness of the Resolution Approving the Non-public A Share Issue

4.9

Mgmt ForForForYesApprove Amount and Use of Proceeds in Relation to the Non-public A Share Issue of the Company

4.10

Mgmt ForForForYesApprove the Share Subscription Agreement between Company and CNAHC

5

Mgmt ForForForYesAuthorize Board to Handle All Relevant Matters in Relation to the Non-public A Share Issue

6

Air China Ltd.



Country: China



Ticker: 753

Primary CUSIP: Y002A6104 Primary ISIN: CNE1000001S0 Primary SEDOL: B04KNF1


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Class of Shares and Nominal Value in Relation to the Non-public A Share Issue of the Company

1.1

Mgmt ForForForYesApprove Method and Timing of Issue in Relation to the Non-public A Share Issue of the Company

1.2

Mgmt ForForForYesApprove Offering Size in Relation to the Non-public A Share Issue of the Company

1.3

Mgmt ForForForYesApprove Target Subscriber and Subscription Method in Relation to the Non-public A Share Issue of the Company

1.4

Mgmt ForForForYesApprove Pricing Basis and Issue Price in Relation to the Non-public A Share Issue of the Company

1.5

Mgmt ForForForYesApprove Lock-up Period in Relation to the Non-public A Share Issue of the Company

1.6




Air China Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Accumulated Profit Arrangement in Relation to the Non-public A Share Issue of the Company

1.7

Mgmt ForForForYesApprove Place of Listing in Relation to the Non-public A Share Issue of the Company

1.8

Mgmt ForForForYesApprove Effectiveness of the Resolution Approving the Non-public A Share Issue

1.9

Mgmt ForForForYesApprove Amount and Use of Proceeds in Relation to the Non-public A Share Issue of the Company

1.10

Mgmt ForForForYesApprove the Share Subscription Agreement between Company and CNAHC

2

Avon Rubber plc






Ticker: AVON



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt AgainstForForYesApprove Remuneration Policy 2

Mgmt AgainstForForYesApprove Remuneration Report 3


Mgmt ForForForYesRe-elect David Evans as Director 5

Mgmt ForForForYesElect Pim Vervaat as Director 6


7


8

Mgmt ForForForYesAmend 2010 Performance Share Plan 9

Mgmt ForForForYesApprove 2015 UK Share Option Plan 10

Mgmt ForForForYesApprove 2015 US Stock Option Plan 11


12




Avon Rubber plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


13



15


Votable Proposal

VotingPolicy Rec

Vote Instruction


1




Mgmt ForForForYesRe-elect David Evans as Director 5

Mgmt ForForForYesElect Pim Vervaat as Director 6


7


8

Mgmt ForForForYesAmend 2010 Performance Share Plan 9

Mgmt ForForForYesApprove 2015 UK Share Option Plan 10

Mgmt ForForForYesApprove 2015 US Stock Option Plan 11


12


13



15

Greencore Group plc



Country: Ireland



Ticker: GNC

Primary CUSIP: G40866124 Primary ISIN: IE0003864109 Primary SEDOL: 0386410




Greencore Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRe-elect Gary Kennedy as Director 3a

Mgmt ForForForYesRe-elect Patrick Coveney as Director 3b

Mgmt ForForForYesRe-elect Alan Williams as Director 3c

Mgmt ForForForYesRe-elect Sly Bailey as Director 3d

Mgmt ForForForYesRe-elect Heather Ann McSharry as Director 3e

Mgmt ForForForYesRe-elect John Moloney as Director 3f

Mgmt ForForForYesRe-elect Eric Nicoli as Director 3g

Mgmt ForForForYesRe-elect John Warren as Director 3h


4


Mgmt ForForForYesFix Remuneration of Non-executive Directors 6


7


8


Mgmt ForForForYesAuthorise Reissuance of Treasury Shares 10

Mgmt ForForForYesReappoint KPMG as Auditors 11

Mgmt ForForForYesApprove Scrip Dividend Program 12

Mgmt ForForForYesAdopt New Memorandum of Association 13


Marston's plc






Ticker: MARS

Primary CUSIP: G5852L104 Primary ISIN: GB00B1JQDM80 Primary SEDOL: B1JQDM8




Marston's plc


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRe-elect Andrew Andrea as Director 3

Mgmt ForForForYesRe-elect Nicholas Backhouse as Director 4

Mgmt ForForForYesRe-elect Carolyn Bradley as Director 5

Mgmt ForForForYesRe-elect Peter Dalzell as Director 6

Mgmt ForForForYesRe-elect Roger Devlin as Director 7

Mgmt ForForForYesRe-elect Ralph Findlay as Director 8

Mgmt ForForForYesRe-elect Catherine Glickman as Director 9

Mgmt ForForForYesRe-elect Neil Goulden as Director 10

Mgmt ForForForYesRe-elect Robin Rowland as Director 11


12


13



15


16



18


Votable Proposal

VotingPolicy Rec

Vote Instruction


1


Mgmt ForForForYesRe-elect Andrew Andrea as Director 3

Mgmt ForForForYesRe-elect Nicholas Backhouse as Director 4




Marston's plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Carolyn Bradley as Director 5

Mgmt ForForForYesRe-elect Peter Dalzell as Director 6

Mgmt ForForForYesRe-elect Roger Devlin as Director 7

Mgmt ForForForYesRe-elect Ralph Findlay as Director 8

Mgmt ForForForYesRe-elect Catherine Glickman as Director 9

Mgmt ForForForYesRe-elect Neil Goulden as Director 10

Mgmt ForForForYesRe-elect Robin Rowland as Director 11


12


13



15


16



18

Redefine International plc



Country: Isle of Man


Primary Security ID: G7419H113

Ticker: RDI

Primary CUSIP: G96238103 Primary ISIN: IM00B8BV8G91 Primary SEDOL: B8BV8G9


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRe-elect Greg Clarke as Director 3

Mgmt ForForForYesRe-elect Michael Farrow as Director 4

Mgmt ForForForYesRe-elect Gavin Tipper as Director 5






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Sue Ford as Director 6

Mgmt ForForForYesElect Robert Orr as Director 7

Mgmt ForForForYesRe-elect Marc Wainer as Director 8

Mgmt ForForForYesRe-elect Bernie Nackan as Director 9

Mgmt ForForForYesRe-elect Michael Watters as Director 10

Mgmt ForForForYesRe-elect Stephen Oakenfull as Director 11

Mgmt ForForForYesElect Donald Grant as Director 12

Mgmt ForForForYesRe-elect Adrian Horsburgh as Director 13



15

Mgmt ForForForYesApprove Increase in Authorised Share Capital 16


17


18


The European Investment Trust plc






Ticker: EUT

Primary CUSIP: G3623T100 Primary ISIN: GB0003295010 Primary SEDOL: 0329501


Votable Proposal

VotingPolicy Rec

Vote Instruction





3


4

Mgmt ForForForYesElect Michael MacPhee as Director 5






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Douglas McDougall as Director 6

Mgmt ForForForYesRe-elect William Eason as Director 7

Mgmt ForForForYesRe-elect Michael Moule as Director 8

Mgmt ForForForYesRe-elect Dr Michael Woodward as Director 9


Mgmt ForForForYesApprove Special Dividend 11



13


14


15


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



3


4










13


14






Votable Proposal

VotingPolicy Rec

Vote Instruction


15


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



3


4










13


14


15

Travelsky Technology Limited



Country: China


Primary Security ID: Y8972V101

Ticker: 00696

Primary CUSIP: Y8972V101 Primary ISIN: CNE1000004J3 Primary SEDOL: 6321954




Travelsky Technology Limited


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Cao Shiqing as Director, Authorize Board to Fix His Remuneration and Termination of Pan Chongyi as Director


Mgmt ForForForYesElect Ngai Wai Fung as Director, Authorize Board to Fix His Remuneration and Termination of Zhang Hainan as Director

2

Aberdeen Asset Management plc






Ticker: ADN



Votable Proposal

VotingPolicy Rec

Vote Instruction





3


4

Mgmt ForForForYesRe-elect Julie Chakraverty as Director 5

Mgmt ForForForYesRe-elect Roger Cornick as Director 6

Mgmt ForForForYesRe-elect Martin Gilbert as Director 7

Mgmt ForForForYesRe-elect Andrew Laing as Director 8

Mgmt ForForForYesRe-elect Rod MacRae as Director 9

Mgmt ForForForYesRe-elect Richard Mully as Director 10

Mgmt ForForForYesRe-elect Jim Pettigrew as Director 11

Mgmt ForForForYesRe-elect Bill Rattray as Director 12

Mgmt ForForForYesRe-elect Anne Richards as Director 13

Mgmt ForForForYesRe-elect Jutta af Rosenborg as Director 14

Mgmt ForForForYesRe-elect Akira Suzuki as Director 15






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Simon Troughton as Director 16

Mgmt ForForForYesRe-elect Hugh Young as Director 17

Mgmt ForForForYesElect Val Rahmani as Director 18



20


21


22



24


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



3


4

Mgmt ForForForYesRe-elect Julie Chakraverty as Director 5

Mgmt ForForForYesRe-elect Roger Cornick as Director 6

Mgmt ForForForYesRe-elect Martin Gilbert as Director 7

Mgmt ForForForYesRe-elect Andrew Laing as Director 8

Mgmt ForForForYesRe-elect Rod MacRae as Director 9



Mgmt ForForForYesRe-elect Bill Rattray as Director 12

Mgmt ForForForYesRe-elect Anne Richards as Director 13

Mgmt ForForForYesRe-elect Jutta af Rosenborg as Director 14

Mgmt ForForForYesRe-elect Akira Suzuki as Director 15






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Simon Troughton as Director 16

Mgmt ForForForYesRe-elect Hugh Young as Director 17

Mgmt ForForForYesElect Val Rahmani as Director 18



20


21


22



24

Britvic plc






Ticker: BVIC

Primary CUSIP: G17387104 Primary ISIN: GB00B0N8QD54 Primary SEDOL: B0N8QD5


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesElect John Daly as Director 4

Mgmt ForForForYesElect Mathew Dunn as Director 5

Mgmt ForForForYesRe-elect Joanne Averiss as Director 6

Mgmt ForForForYesRe-elect Gerald Corbett as Director 7

Mgmt ForForForYesRe-elect Ben Gordon as Director 8

Mgmt ForAgainstForYesRe-elect Bob Ivell as Director 9

Mgmt ForForForYesRe-elect Simon Litherland as Director 10

Mgmt ForForForYesRe-elect Ian McHoul as Director 11




Britvic plc


Votable Proposal

VotingPolicy Rec

Vote Instruction



13


14


15

Mgmt ForForForYesAmend Performance Share Plan 16


17



19


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesElect John Daly as Director 4

Mgmt ForForForYesElect Mathew Dunn as Director 5

Mgmt ForForForYesRe-elect Joanne Averiss as Director 6

Mgmt ForForForYesRe-elect Gerald Corbett as Director 7

Mgmt ForForForYesRe-elect Ben Gordon as Director 8

Mgmt AgainstAgainstForYesRe-elect Bob Ivell as Director 9

Mgmt ForForForYesRe-elect Simon Litherland as Director 10

Mgmt ForForForYesRe-elect Ian McHoul as Director 11



13


14


15




Britvic plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAmend Performance Share Plan 16


17



19

Clicks Group Ltd






Ticker: CLS



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports for the Year Ended 31 August 2015


Mgmt ForForForYesReppoint Ernst & Young Inc as Auditors of the Company with Malcolm Rapson as the Individual Registered Auditor

2

Mgmt ForForForYesRe-elect David Nurek as Director 3

Mgmt ForForForYesRe-elect Fatima Jakoet as Director 4

Mgmt ForForForYesRe-elect David Kneale as Director 5

Mgmt ForForForYesRe-elect John Bester as Member of the Audit and Risk Committee

6.1

Mgmt ForForForYesRe-elect Fatima Jakoet as Member of the Audit and Risk Committee

6.2

Mgmt ForForForYesRe-elect Nkaki Matlala as Member of the Audit and Risk Committee

6.3



Mgmt ForForForYesApprove Directors' Fees 9

Mgmt ForForForYesApprove Financial Assistance to Related or Inter-related Company or Corporation

10




Grupa Lotos S.A.



Country: Poland



Ticker: LTS

Primary CUSIP: X32440103 Primary ISIN: PLLOTOS00025 Primary SEDOL: B0B8Z41


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesFix Number of Supervisory Board Members 5


Mgmt AgainstAgainstForYesElect Supervisory Board Member and Appoint Him as Chairman

6.2



H.I.S. Co. Ltd.



Country: Japan


Primary Security ID: J20087102

Ticker: 9603

Primary CUSIP: J20087102 Primary ISIN: JP3160740001 Primary SEDOL: 6400433


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Allocation of Income, with a Final Dividend of JPY 22


Mgmt ForForForYesAmend Articles to Amend Business Lines - Adopt Board Structure with Audit Committee - Increase Maximum Board Size - Indemnify Directors - Authorize Board to Determine Income Allocation

2

Mgmt ForForForYesElect Director Sawada, Hideo 3.1

Mgmt ForForForYesElect Director Hirabayashi, Akira 3.2

Mgmt ForForForYesElect Director Kusuhara, Narimoto 3.3




H.I.S. Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director Nakamori, Tatsuya 3.4

Mgmt ForForForYesElect Director Nakatani, Shigeru 3.5

Mgmt ForForForYesElect Director Takagi, Kiyoshi 3.6

Mgmt ForForForYesElect Director Namekata, Kazumasa 3.7

Mgmt ForForForYesElect Director Sakaguchi, Katsuhiko 3.8

Mgmt ForForForYesElect Director Yamanobe, Atsushi 3.9

Mgmt ForForForYesElect Director Oda, Masayuki 3.10

Mgmt ForForForYesElect Director and Audit Committee Member Hirata, Masahiko

4.1

Mgmt ForForForYesElect Director and Audit Committee Member Umeda, Tsunekazu

4.2

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Sekita, Sonoko

4.3

Mgmt ForForForYesApprove Aggregate Compensation Ceiling for Directors Who Are Not Audit Committee Members

5

Mgmt ForForForYesApprove Aggregate Compensation Ceiling for Directors Who Are Audit Committee Members

6

Mgmt ForForForYesApprove Annual Bonus Payment to Directors and Statutory Auditors

7

Mgmt AgainstAgainstForYesApprove Retirement Bonus Payment for Director and Statutory Auditors

8

Henderson Alternative Strategies Trust plc





Primary Security ID: G4403W107

Ticker: HVTR



Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Graham Fuller as Director 4




Henderson Alternative Strategies Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesReappoint Grant Thornton UK LLP as Auditors 5


6

Mgmt ForForForYesApprove Change of Company's Investment Policy

7


8


9

Mgmt ForForForYesAuthorise Directors to Sell Treasury Shares for Cash

10



12


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesRe-elect Graham Fuller as Director 4



6

Mgmt ForForForYesApprove Change of Company's Investment Policy

7


8


9


10



12




JPMorgan Indian Investment Trust plc





Primary Security ID: G5200T106

Ticker: JII



Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Richard Burns as Director 4

Mgmt ForForForYesRe-elect Jasper Judd as Director 5

Mgmt ForForForYesRe-elect Rosemary Morgan as Director 6

Mgmt ForForForYesRe-elect Nimi Patel as Director 7

Mgmt ForForForYesRe-elect Hugh Sandeman as Director 8


9


10


11


Life Healthcare Group Holdings Ltd.





Primary Security ID: S4682C100

Ticker: LHC

Primary CUSIP: N/A Primary ISIN: ZAE000145892 Primary SEDOL: B4K90R1


Votable Proposal

VotingPolicy Rec

Vote Instruction

1.1 Re-elect Malefetsane Ngatane as Director Mgmt Yes For For For

Mgmt ForForForYesRe-elect Louisa Mojela as Director 1.2

Mgmt ForForForYesRe-elect Peter Golesworthy as Director 1.3




Life Healthcare Group Holdings Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Pieter van der Westhuizen as Director

1.4

Mgmt ForForForYesElect Mpho Nkeli as Director 1.5

Mgmt ForForForYesReappoint PricewaterhouseCoopers Inc as Auditors of the Company and Appoint M Naidoo as the Designated Audit Partner

2

Mgmt ForForForYesRe-elect Peter Golesworthy as Chairman of the Audit Committee

3.1

Mgmt ForForForYesRe-elect Louisa Mojela as Member of the Audit Committee

3.2

Mgmt ForForForYesRe-elect Royden Vice as Member of the Audit Committee

3.3

Mgmt ForForForYesElect Garth Solomon as Member of the Audit Committee

3.4



5



Mgmt AgainstAgainstForYesApprove Financial Assistance to Related and Inter-related Companies

8

National Australia Bank Limited



Country: Australia

Meeting Type: Court

Primary Security ID: Q65336119

Ticker: NAB

Primary CUSIP: Q65336119 Primary ISIN: AU000000NAB4 Primary SEDOL: 6624608


Votable Proposal

VotingPolicy Rec

Vote Instruction

Court Ordered Meeting Mgmt No

Mgmt ForForForYesApprove the Scheme of Arrangement between National Australia Bank Limited and Its Ordinary Shareholders

1




National Australia Bank Limited



Country: Australia


Primary Security ID: Q65336119

Ticker: NAB

Primary CUSIP: Q65336119 Primary ISIN: AU000000NAB4 Primary SEDOL: 6624608


Votable Proposal

VotingPolicy Rec

Vote Instruction

Agenda for NAB Shareholders and NAB Tier 1 Security holders

Mgmt No

Mgmt ForForForYesApprove Reduction of National Australia Bank Limited's Share Capital

1

Mgmt NoAgenda for NAB Shareholders

Mgmt ForForForYesApprove Reduction of CYBG PLC's Share Capital

2

Park 24 Co.



Country: Japan



Ticker: 4666



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAmend Articles to Abolish Board Structure with Statutory Auditors - Adopt Board Structure with Audit Committee - Authorize Directors to Execute Day to Day Operations without Full Board Approval - Increase Maximum Board Size - Indemnify Directors

2

Mgmt ForForForYesElect Director Nishikawa, Koichi 3.1

Mgmt ForForForYesElect Director Sasaki, Kenichi 3.2

Mgmt ForForForYesElect Director Kawakami, Norifumi 3.3

Mgmt ForForForYesElect Director Kawasaki, Keisuke 3.4

Mgmt ForForForYesElect Director Oura, Yoshimitsu 3.5

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Uenishi, Seishi

4.1




Park 24 Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director and Audit Committee Member Kano, Kyosuke

4.2

Mgmt ForForForYesElect Director and Audit Committee Member Takeda, Tsunekazu

4.3


5


6

Polar Capital Global Healthcare Growth and Income Trust plc






Ticker: PCGH

Primary CUSIP: N/A Primary ISIN: GB00B6832P16 Primary SEDOL: B6832P1


Votable Proposal

VotingPolicy Rec

Vote Instruction





3


4


5


6


Royal Dutch Shell plc





Primary Security ID: G7690A100

Ticker: RDSA

Primary CUSIP: G7690A118 Primary ISIN: GB00B03MLX29 Primary SEDOL: B03MLX2




Royal Dutch Shell plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve the Cash and Share Offer for BG Group plc

Mgmt Yes For For Against


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove the Cash and Share Offer for BG Group plc

1


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstForForYesApprove the Cash and Share Offer for BG Group plc

1


Votable Proposal

VotingPolicy Rec

Vote Instruction


1


Votable Proposal

VotingPolicy Rec

Vote Instruction


1

WH Smith plc






Ticker: SMWH

Primary CUSIP: G8927V149 Primary ISIN: GB00B2PDGW16 Primary SEDOL: B2PDGW1




WH Smith plc


Votable Proposal

VotingPolicy Rec

Vote Instruction






Mgmt ForForForYesRe-elect Suzanne Baxter as Director 5

Mgmt ForForForYesRe-elect Stephen Clarke as Director 6

Mgmt ForForForYesRe-elect Annemarie Durbin as Director 7

Mgmt ForForForYesRe-elect Drummond Hall as Director 8

Mgmt ForForForYesRe-elect Robert Moorhead as Director 9

Mgmt ForForForYesRe-elect Henry Staunton as Director 10


11


12


13


Mgmt ForForForYesApprove Long-Term Incentive Plan 15


16


17




20


Votable Proposal

VotingPolicy Rec

Vote Instruction


1





WH Smith plc


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesRe-elect Suzanne Baxter as Director 5

Mgmt ForForForYesRe-elect Stephen Clarke as Director 6

Mgmt ForForForYesRe-elect Annemarie Durbin as Director 7


Mgmt ForForForYesRe-elect Robert Moorhead as Director 9

Mgmt ForForForYesRe-elect Henry Staunton as Director 10


11


12


13


Mgmt ForForForYesApprove Long-Term Incentive Plan 15


16


17




20

BG Group plc





Primary Security ID: G1245Z108

Ticker: BG.

Primary CUSIP: G1245Z108 Primary ISIN: GB0008762899 Primary SEDOL: 0876289


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Matters Relating to the Cash and Share Offer for BG Group plc by Royal Dutch Shell plc

Mgmt Yes For For Against




BG Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Matters Relating to the Cash and Share Offer for BG Group plc by Royal Dutch Shell plc

1

BG Group plc




Meeting Type: Court


Ticker: BG.



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Scheme of Arrangement Mgmt Yes For For Against


Votable Proposal

VotingPolicy Rec

Vote Instruction


China Railway Group Limited



Country: China


Primary Security ID: Y1509D108

Ticker: 601390

Primary CUSIP: Y1509D108 Primary ISIN: CNE100000866 Primary SEDOL: B292YZ3


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesElect Zhang Zongyan as Director 1




China Railway Group Limited


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Issuance of Domestic and Overseas Debt Financing Instruments

2

Mgmt ForForForYesApprove Increase in Registered Capital to Reflect the Completion of Non-Public Issuance of A Shares

3


Edinburgh Worldwide Investment Trust plc






Ticker: EWI



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForAgainstForYesRe-elect David Reid as Director 3

Mgmt ForAgainstForYesRe-elect William Ducas as Director 4

Mgmt ForAgainstForYesReappoint KPMG LLP as Auditors 5

Mgmt ForAgainstForYesAuthorise Board to Fix Remuneration of Auditors

6


7


8



Votable Proposal

VotingPolicy Rec

Vote Instruction


1


Mgmt AgainstAgainstForYesRe-elect David Reid as Director 3




Edinburgh Worldwide Investment Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesRe-elect William Ducas as Director 4

Mgmt AgainstAgainstForYesReappoint KPMG LLP as Auditors 5

Mgmt AgainstAgainstForYesAuthorise Board to Fix Remuneration of Auditors

6


7


8


Euromoney Institutional Investor plc






Ticker: ERM



Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesElect Andrew Rashbass as Director 4

Mgmt ForForForYesRe-elect Colin Jones as Director 5

Mgmt AgainstAgainstForYesRe-elect The Viscount Rothermere as Director 6

Mgmt AgainstAgainstForYesRe-elect Sir Patrick Sergeant as Director 7

Mgmt AgainstAgainstForYesRe-elect John Botts as Director 8

Mgmt AgainstAbstainForYesRe-elect Martin Morgan as Director 9

Mgmt ForForForYesRe-elect David Pritchard as Director 10

Mgmt ForForForYesRe-elect Andrew Ballingal as Director 11

Mgmt ForForForYesRe-elect Tristan Hillgarth as Director 12


13




Euromoney Institutional Investor plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


14



16


17


18


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesElect Andrew Rashbass as Director 4

Mgmt ForForForYesRe-elect Colin Jones as Director 5

Mgmt ForAgainstForYesRe-elect The Viscount Rothermere as Director 6

Mgmt AgainstAgainstForYesRe-elect Sir Patrick Sergeant as Director 7

Mgmt AgainstAgainstForYesRe-elect John Botts as Director 8

Mgmt ForAbstainForYesRe-elect Martin Morgan as Director 9

Mgmt ForForForYesRe-elect David Pritchard as Director 10

Mgmt ForForForYesRe-elect Andrew Ballingal as Director 11

Mgmt ForForForYesRe-elect Tristan Hillgarth as Director 12


13


14



16


17


18




Henderson European Focus Trust plc





Primary Security ID: G4464P108

Ticker: HEFT



Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesElect Eliza Dungworth as Director 4

Mgmt ForForForYesRe-elect Rodney Dennis as Director 5

Mgmt ForForForYesRe-elect Alexander Comba as Director 6



8

Mgmt ForForForYesAmend Investment Policy 9


10


11



13


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesElect Eliza Dungworth as Director 4

Mgmt ForForForYesRe-elect Rodney Dennis as Director 5

Mgmt ForForForYesRe-elect Alexander Comba as Director 6




Henderson European Focus Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction



8

Mgmt ForForForYesAmend Investment Policy 9


10


11



13

ITE Group plc






Ticker: ITE



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRe-elect Sharon Baylay as Director 3

Mgmt ForForForYesRe-elect Neil England as Director 4

Mgmt ForForForYesRe-elect Linda Jensen as Director 5

Mgmt ForForForYesRe-elect Stephen Puckett as Director 6

Mgmt ForForForYesRe-elect Marco Sodi as Director 7

Mgmt ForForForYesRe-elect Russell Taylor as Director 8



10



12




ITE Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction



14


15



17


Votable Proposal

VotingPolicy Rec

Vote Instruction


1


Mgmt ForForForYesRe-elect Sharon Baylay as Director 3

Mgmt ForForForYesRe-elect Neil England as Director 4

Mgmt ForForForYesRe-elect Linda Jensen as Director 5

Mgmt ForForForYesRe-elect Stephen Puckett as Director 6

Mgmt ForForForYesRe-elect Marco Sodi as Director 7

Mgmt ForForForYesRe-elect Russell Taylor as Director 8



10



12



14


15



17




Lonmin plc






Ticker: N/A

Primary CUSIP: G56350112 Primary ISIN: GB00BYSRJ698 Primary SEDOL: BYSRJ69


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesAuthorise the Audit and Risk Committee to Fix Remuneration of Auditors

4

Mgmt ForForForYesRe-elect Brian Beamish as Director 5

Mgmt ForForForYesRe-elect Len Konar as Director 6

Mgmt ForForForYesRe-elect Jonathan Leslie as Director 7

Mgmt ForForForYesRe-elect Ben Magara as Director 8

Mgmt ForForForYesElect Ben Moolman as Director 9

Mgmt ForForForYesRe-elect Simon Scott as Director 10

Mgmt ForForForYesElect Varda Shine as Director 11

Mgmt ForForForYesRe-elect Jim Sutcliffe as Director 12


13



15


Votable Proposal

VotingPolicy Rec

Vote Instruction


1




4

Mgmt ForForForYesRe-elect Brian Beamish as Director 5




Lonmin plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Len Konar as Director 6

Mgmt ForForForYesRe-elect Jonathan Leslie as Director 7

Mgmt ForForForYesRe-elect Ben Magara as Director 8

Mgmt ForForForYesElect Ben Moolman as Director 9

Mgmt ForForForYesRe-elect Simon Scott as Director 10

Mgmt ForForForYesElect Varda Shine as Director 11

Mgmt ForForForYesRe-elect Jim Sutcliffe as Director 12


13



15

Mitchells & Butlers plc






Ticker: MAB

Primary CUSIP: G61614122 Primary ISIN: GB00B1FP6H53 Primary SEDOL: B1FP6H5


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesElect Philip Urban as Director 4

Mgmt ForForForYesElect Josh Levy as Director 5

Mgmt ForForForYesRe-elect Stewart Gilliland as Director 6

Mgmt ForForForYesRe-elect Eddie Irwin as Director 7

Mgmt ForAgainstForYesRe-elect Bob Ivell as Director 8

Mgmt ForForForYesRe-elect Tim Jones as Director 9

Mgmt ForForForYesRe-elect Ron Robson as Director 10

Mgmt ForForForYesRe-elect Colin Rutherford as Director 11




Mitchells & Butlers plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Imelda Walsh as Director 12



14


15


16


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesElect Philip Urban as Director 4

Mgmt ForForForYesElect Josh Levy as Director 5

Mgmt ForForForYesRe-elect Stewart Gilliland as Director 6

Mgmt ForForForYesRe-elect Eddie Irwin as Director 7

Mgmt AgainstAgainstForYesRe-elect Bob Ivell as Director 8

Mgmt ForForForYesRe-elect Tim Jones as Director 9

Mgmt ForForForYesRe-elect Ron Robson as Director 10

Mgmt ForForForYesRe-elect Colin Rutherford as Director 11

Mgmt ForForForYesRe-elect Imelda Walsh as Director 12



14


15


16




Noble Group Limited


Record Date:

Country: Bermuda



Ticker: N21

Primary CUSIP: G6542T119 Primary ISIN: BMG6542T1190 Primary SEDOL: B01CLC3


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Disposal by Noble Agri International Limited, a Direct Wholly-Owned Subsidiary of the Company, of Ordinary Shares in the Share Capital of Noble Agri Limited


Schroder AsiaPacific Fund plc






Ticker: SDP



Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesElect Keith Craig as Director 4

Mgmt ForForForYesRe-elect Anthony Fenn as Director 5

Mgmt ForForForYesRe-elect Rosemary Morgan as Director 6


7


8

Mgmt ForForForYesApprove Continuation of Company as Investment Trust

9





Shenzhen International Holdings Ltd.



Country: Bermuda



Ticker: 00152

Primary CUSIP: G8086V104 Primary ISIN: BMG8086V1467 Primary SEDOL: BJVBTY1


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Three Expressways Adjustment Agreement and Related Transactions


Mgmt ForForForYesApprove Longda Adjustment Agreement and Related Transactions

2

Topps Tiles plc






Ticker: TPT

Primary CUSIP: G8923L145 Primary ISIN: GB00B18P5K83 Primary SEDOL: B18P5K8


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Matthew Williams as Director 4

Mgmt ForForForYesRe-elect Robert Parker as Director 5

Mgmt ForForForYesElect Darren Shapland as Director 6

Mgmt ForForForYesRe-elect Claire Tiney as Director 7

Mgmt ForForForYesRe-elect Andy King as Director 8

Mgmt ForForForYesElect Keith Down as Director 9



11


12


13




Topps Tiles plc


Votable Proposal

VotingPolicy Rec

Vote Instruction



15


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesRe-elect Matthew Williams as Director 4

Mgmt ForForForYesRe-elect Robert Parker as Director 5

Mgmt ForForForYesElect Darren Shapland as Director 6

Mgmt ForForForYesRe-elect Claire Tiney as Director 7

Mgmt ForForForYesRe-elect Andy King as Director 8

Mgmt ForForForYesElect Keith Down as Director 9



11


12


13



15

BOE Technology Group Co., Ltd.



Country: China


Primary Security ID: Y0920M119

Ticker: 200725

Primary CUSIP: Y0920M119 Primary ISIN: CNE000000R44 Primary SEDOL: 6001096






Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Company's Eligibility for Corporate Bond Issuance

1

Mgmt ForForForYesApprove Corporate Bond Issuance 2

Mgmt ForForForYesApprove Par Value, Issue Price and Issue Size 2.1

Mgmt ForForForYesApprove Placing Arrangement for Shareholders

2.2

Mgmt ForForForYesApprove Bond Maturity and Bond Type 2.3

Mgmt ForForForYesApprove Bond Interest Rate and Method of Determination

2.4

Mgmt ForForForYesApprove Guarantee Method 2.5

Mgmt ForForForYesApprove Issue Manner 2.6

Mgmt ForForForYesApprove Arrangement on Redemption and Sale-back

2.7

Mgmt ForForForYesApprove Intended Usage of Raised Funds 2.8

Mgmt ForForForYesApprove Special Account of Raised Funds 2.9

Mgmt ForForForYesApprove Safeguard Measures of Debts Repayment

2.10

Mgmt ForForForYesApprove Trading of Bonds 2.11

Mgmt ForForForYesApprove Underwriting Method 2.12

Mgmt ForForForYesApprove Resolution Validity Period 2.13

Mgmt ForForForYesApprove Authorization of the Board to Handle All Related Matters

3

SH ForForNoneYesElect Dong Youmei as Non-independent Director

4

Companhia Saneamento Basico do Estado de Sao Paulo - SABESP


Record Date:

Country: Brazil



Ticker: SBSP3

Primary CUSIP: P8228H104 Primary ISIN: BRSBSPACNOR5 Primary SEDOL: B1YCHL8




Companhia Saneamento Basico do Estado de Sao Paulo - SABESP


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Fiscal Council Member Mgmt Yes For For For

Dalian Wanda Commercial Properties Co Ltd



Country: China


Primary Security ID: Y1966E102

Ticker: 03699

Primary CUSIP: N/A Primary ISIN: CNE100001T98 Primary SEDOL: BTDYF84


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Ding Benxi as Director Mgmt Yes For For For

Mgmt ForForForYesElect Qi Jie as Director 2

Mgmt ForForForYesElect Qu Dejun as Director 3

Mgmt ForForForYesElect Yin Hai as Director 4

Mgmt ForForForYesElect Liu Zhaohui as Director 5

Mgmt ForForForYesElect Wang Zhibin as Director 6

Mgmt ForForForYesElect Hu, Fred Zuliu as Director 7

Mgmt ForForForYesElect Qi Daqing as Director 8

Mgmt ForForForYesElect Li Guinian as Director 9

Mgmt ForForForYesElect Zhao Deming as Supervisor 10

Mgmt ForForForYesElect Liu Chee Ming as Supervisor 11

Mgmt ForForForYesAuthorize Board to Fix Remuneration of Directors, the Supervisory Committee to Fix Remuneration of Supervisors and to Enter into Service Contracts

12

Mgmt ForForForYesApprove Change of Use of Part of the Proceeds from the Issuance of H Shares and Related Transactions

13

SH ForForNoneYesApprove Issuance of Corporate Bonds 14

SH ForForNoneYesApprove Issuance of Debt Financing Instruments

15




Frasers Centrepoint Limited


Record Date:

Country: Singapore


Primary Security ID: Y2642R103

Ticker: TQ5

Primary CUSIP: N/A Primary ISIN: SG2G52000004 Primary SEDOL: BH7T0P3


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Adopt Financial Statements and Directors' and Auditors' Reports



Mgmt ForForForYesElect Charoen Sirivadhanabhakdi as Director 3a

Mgmt ForForForYesElect Khunying Wanna Sirivadhanabhakdi as Director

3b

Mgmt ForForForYesElect Chan Heng Wing as Director 3c

Mgmt AgainstAgainstForYesElect Chotiphat Bijananda as Director 3d

Mgmt ForForForYesElect Panote Sirivadhanabhakdi as Director 3e

Mgmt ForForForYesApprove Directors' Fees 4

Mgmt ForForForYesApprove KPMG LLP as Auditors and Authorize Board to Fix Their Remuneration

5

Mgmt ForForForYesApprove Issuance of Equity or Equity-Linked Securities with or without Preemptive Rights

6

Mgmt ForForForYesApprove Grant of Awards and Issuance of Shares Under the FCL Restricted Share Plan and/or the FCL Performance Share Plan

7

Mgmt ForForForYesApprove Mandate for Transactions with Related Parties

8

Mgmt ForForForYesAuthorize Share Repurchase Program 9

Mgmt AgainstAgainstForYesAdopt New Constitution 10

Harbin Electric Company Ltd.



Country: China



Ticker: 01133

Primary CUSIP: Y30683109 Primary ISIN: CNE1000003C0 Primary SEDOL: 6422761




Harbin Electric Company Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles of Association Mgmt Yes For For For

JPMorgan Asian Investment Trust plc





Primary Security ID: G3559D103

Ticker: JAI

Primary CUSIP: G3559D103 Primary ISIN: GB0001320778 Primary SEDOL: 0132077


Votable Proposal

VotingPolicy Rec

Vote Instruction






Mgmt ForForForYesRe-elect James Long as Director 5

Mgmt ForForForYesRe-elect Dean Buckley as Director 6

Mgmt ForForForYesRe-elect Bronwyn Curtis as Director 7

Mgmt ForForForYesRe-elect Ronald Gould as Director 8

Mgmt ForForForYesRe-elect James Strachan as Director 9


10


11


12


13


14


Mgmt ForForForYesApprove Increase in the Maximum Aggregate Directors' Fees

16




Orica Ltd.



Country: Australia


Primary Security ID: Q7160T109

Ticker: ORI

Primary CUSIP: Q7160T109 Primary ISIN: AU000000ORI1 Primary SEDOL: 6458001


Votable Proposal

VotingPolicy Rec

Vote Instruction

2.1 Elect Ian Cockerill as Director Mgmt Yes For For For

Mgmt ForForForYesElect Malcolm Broomhead as Director 2.2

Mgmt ForForForYesApprove the Remuneration Report 3

Mgmt ForForForYesApprove the Grant of Performance Rights to Alberto Calderon, Managing Director of the Company

4

Polski Koncern Naftowy Orlen SA



Country: Poland


Primary Security ID: X6922W204

Ticker: PKN

Primary CUSIP: X6922W204 Primary ISIN: PLPKN0000018 Primary SEDOL: 5810066


Votable Proposal

VotingPolicy Rec

Vote Instruction






Mgmt ForForForYesElect Members of Vote Counting Commission 5


SH ForForNoneYesFix Size of Supervisory Board 6



Mgmt NoManagement Proposal





Ranger Direct Lending Fund PLC






Ticker: RDL

Primary CUSIP: N/A Primary ISIN: GB00BW4NPD65 Primary SEDOL: BW4NPD6


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Christopher Waldron as Director 2

Mgmt ForForForYesElect Jonathan Schneider as Director 3

Mgmt ForForForYesElect Matthew Mulford as Director 4

Mgmt ForForForYesElect K. Scott Canon as Director 5

Mgmt ForForForYesAppoint Deloitte LLP as Auditors 6


7


8

Mgmt ForForForYesAuthorise the Company to Use Electronic Communications

9


10


Mgmt ForAgainstForYesAuthorise the Company to Call AGM with Two Weeks' Notice

12


Votable Proposal

VotingPolicy Rec

Vote Instruction


1

Mgmt ForForForYesElect Christopher Waldron as Director 2

Mgmt ForForForYesElect Jonathan Schneider as Director 3

Mgmt ForForForYesElect Matthew Mulford as Director 4

Mgmt ForForForYesElect K. Scott Canon as Director 5



7




Ranger Direct Lending Fund PLC


Votable Proposal

VotingPolicy Rec

Vote Instruction


8

Mgmt ForForForYesAuthorise the Company to Use Electronic Communications

9


10


Mgmt AgainstAgainstForYesAuthorise the Company to Call AGM with Two Weeks' Notice

12

Shenzhen Expressway Company Ltd.



Country: China


Primary Security ID: Y7741B107

Ticker: 00548

Primary CUSIP: Y7741B107 Primary ISIN: CNE100000478 Primary SEDOL: 6848743


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Agreement Between the Company and Transport Commission of Shenzhen Municipality, Toll Adjustment and Compensation Arrangements in Nanguang Expressway, Yanpai Expressway, Yanba Expressway and Related Transactions

1

Siemens Limited



Country: India



Ticker: 500550

Primary CUSIP: Y7934G137 Primary ISIN: INE003A01024 Primary SEDOL: B15T569


Votable Proposal

VotingPolicy Rec

Vote Instruction







Siemens Limited


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesReelect Johannes Apitzsch as Director 3

Mgmt ForForForYesApprove S R B V & Co. LLP as Auditors and Authorize Board to Fix Their Remuneration

4

Mgmt ForForForYesApprove Remuneration of Cost Auditors 5

Mgmt ForForForYesApprove Related Party Transactions with Siemens Aktiengesellschaft

6

Sinopharm Group Co., Ltd.



Country: China



Ticker: 01099

Primary CUSIP: Y8008N107 Primary ISIN: CNE100000FN7 Primary SEDOL: B3ZVDV0


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Amendments to the Rules of Procedures of the Board of Directors

SH Yes For For For

SH ForForForYesElect Lian Wanyong as Director and Authorize Board to Fix His Remuneration

2

SH ForForForYesElect Li Xiaojuan as Supervisor and Authorize Board to Fix Her Remuneration

3

SH ForForForYesApprove Amendments to Articles of Association

4

The Scottish Investment Trust plc






Ticker: SCIN



Votable Proposal

VotingPolicy Rec

Vote Instruction








The Scottish Investment Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesRe-elect Hamish Buchan as Director 5

Mgmt ForForForYesRe-elect Russell Napier as Director 6

Mgmt ForForForYesRe-elect James Will as Director 7

Mgmt ForForForYesRe-elect Ian Hunter as Director 8

Mgmt ForForForYesElect Jane Lewis as Director 9

Mgmt ForForForYesElect Mick Brewis as Director 10

Mgmt ForForForYesReappoint Deloitte LLP as Auditors and Authorise Their Remuneration

11


Red Star Macalline Group Corporation Ltd



Country: China


Primary Security ID: Y7S99R100

Ticker: 01528

Primary CUSIP: N/A Primary ISIN: CNE100001ZS2 Primary SEDOL: BYNC0S8


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles of Association Mgmt Yes For For For

Mgmt ForForForYesElect Chen Gang as Supervisor 2

Mgmt ForForForYesElect Zheng Hongtao as Supervisor 3

China COSCO Holdings Co., Ltd.



Country: China



Ticker: 1919

Primary CUSIP: Y1455B106 Primary ISIN: CNE1000002J7 Primary SEDOL: B0B8Z18


Votable Proposal

VotingPolicy Rec

Vote Instruction





China COSCO Holdings Co., Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Company's Eligibility for the Material Asset Restructuring

1

Mgmt ForForForYesApprove Material Asset Restructuring Constituting Connected Transactions

2

Mgmt ForForForYesApprove Disposal of All Equity Interest in COSCO Bulk by the Company to COSCO Under the Material Asset Restructuring

3

Mgmt ForForForYesApprove Acquisitions of the Equity Interests in 33 Agency Companies by the Company from CSCL Under the Material Asset Restructuring

4

Mgmt ForForForYesApprove Disposal of All Issued Shares of FCHL by COSCO Pacific to CSHK Under the Material Asset Restructuring

5

Mgmt ForForForYesApprove Acquisition of All Issued Shares of CSPD by COSCO Pacific from CSCL and CS Hong Kong Under the Material Asset Restructuring

6

Mgmt ForForForYesApprove Draft Report for the Material Asset Disposal and Acquisition and Connected Transactions of China COSCO Holdings Limited

7

Mgmt ForForForYesApprove that Material Asset Restructuring is in Compliance with Rule 4 of Provisions on Issues Concerning Regulating the Material Asset Restructuring of Listed CompaniesRestructuring of Listed Companies

8

Mgmt ForForForYesApprove Leasing of Vessels and Containers from CSCL and the Lease Agreement Between the Company and CSCL

9

Mgmt ForForForYesApprove Waiver of Company's Right to Make a Pro-rata Capital Contribution to COSCO Finance Co., Ltd

10

Mgmt ForForForYesAuthorize Authorization by Shareholders at General Meeting to the Board and Authorize Person to Have Full Discretion to Attend to All Formalities for the Material Asset Restructuring of Company

11

Mgmt ForForForYesElect Xu Zunwu as Director 12

China Huarong Asset Management Co., Ltd.



Country: China



Ticker: 02799

Primary CUSIP: N/A Primary ISIN: CNE100002367 Primary SEDOL: BYNK383




China Huarong Asset Management Co., Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

SPECIAL RESOLUTION Mgmt No



Mgmt ForForForYesApprove 2014 Directors Remuneration Package

1

Mgmt ForForForYesApprove 2014 Supervisors Remuneration Package

2

China Minsheng Banking Corp., Ltd.



Country: China



Ticker: 600016

Primary CUSIP: Y1495M104 Primary ISIN: CNE0000015Y0 Primary SEDOL: 6310747


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt NoSPECIAL RESOLUTIONS

Mgmt ForForForYesApprove the Proposal in respect of Change of Registered Capital of China Minsheng Banking Corp Ltd.

1

Mgmt ForForForYesApprove the Proposal in Respect of Amendments to the Articles of Association of China Minsheng Banking Corp Ltd.

2

Mgmt ForForForYesApprove the Proposal in Respect of the Qualification of China Minsheng Banking Corp Ltd. in Relation to the Non-public Issuance of Preference Shares

3

Mgmt ForForForYesApprove Type and Number of Securities to be Issued in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.1

Mgmt ForForForYesApprove Maturity in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.2






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Method of Issuance in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.3

Mgmt ForForForYesApprove Places in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.4

Mgmt ForForForYesApprove Nominal Value and Issue Price in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.5

Mgmt ForForForYesApprove Dividend Distribution Provisions in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.6

Mgmt ForForForYesApprove Conditional Redemption Terms in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.7

Mgmt ForForForYesApprove Terms of Mandatory Conversion in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.8

Mgmt ForForForYesApprove Restriction on and Restoration of Voting Rights in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.9

Mgmt ForForForYesApprove Order of Distribution of Residual Assets and Basis for Liquidation in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.10

Mgmt ForForForYesApprove Use of Proceeds in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.11

Mgmt ForForForYesApprove Rating in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.12

Mgmt ForForForYesApprove Guarantee in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.13

Mgmt ForForForYesApprove Transferability in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.14

Mgmt ForForForYesApprove Compliance of Latest Regulatory Requirements in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.15

Mgmt ForForForYesApprove Effective Period of the Resolution of the Non-public Issuance of Preference Shares

4.16






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Relationship between Domestic and Offshore Issuances in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

4.17

Mgmt ForForForYesApprove Type and Number of Securities to be Issued in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.1

Mgmt ForForForYesApprove Maturity in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.2

Mgmt ForForForYesApprove Method of Issuance in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.3

Mgmt ForForForYesApprove Places in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.4

Mgmt ForForForYesApprove Nominal Value and Issue Price in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.5

Mgmt ForForForYesApprove Dividend Distribution Provisions in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.6

Mgmt ForForForYesApprove Conditional Redemption Terms in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.7

Mgmt ForForForYesApprove Terms of Mandatory Conversion in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.8

Mgmt ForForForYesApprove Restriction on and Restoration of Voting Rights in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.9

Mgmt ForForForYesApprove Order of Distribution of Residual Assets and Basis for Liquidation in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.10

Mgmt ForForForYesApprove Use of Proceeds in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.11

Mgmt ForForForYesApprove Rating in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.12






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Guarantee in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.13

Mgmt ForForForYesApprove Transferability in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.14

Mgmt ForForForYesApprove Compliance of Latest Regulatory Requirements in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.15


5.16

Mgmt ForForForYesApprove Relationship between Domestic and Offshore Issuances in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

5.17

Mgmt ForForForYesApprove Proposal in Respect of Feasibility Analysis Report of the Use of Proceeds from Non-public Issuance of Preference Shares of China Minsheng Banking Corp Ltd.

6

Mgmt ForForForYesAuthorize Board to Exercise Full Power to Deal with Matters Relating to the Issuance of Preference Shares

7

Mgmt ForForForYesApprove the Proposal in Respect of the Amendments to the Articles of Association(Preference Shares) of China Minsheng Banking Corp Ltd.

8


Mgmt ForForForYesApprove 2015 Interim Profit Distribution Plan 1

Mgmt ForForForYesElect Zheng Wanchun as Director 2

Mgmt ForForForYesApprove the Proposal in Respect of Formulation of Capital Management Plan for 2016 to 2018

3

Mgmt ForForForYesApprove Formulation of Shareholder Return Plan for 2016 to 2018

4

Mgmt ForForForYesApprove Dilution of Current Returns as a Result of the Non-public Issuance of Preference Shares and the Remedial Measures

5

Mgmt ForForForYesApprove Amendments to the Rules of Procedures for Shareholders' General Meeting

6

Mgmt ForForForYesApprove Amendments to the Rules of Procedures for the Meeting of the Board of Directors

7







Country: China



Ticker: 600016

Primary CUSIP: Y1495M104 Primary ISIN: CNE0000015Y0 Primary SEDOL: 6310747


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Type and Number of Securities to be Issued in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.1

Mgmt ForForForYesApprove Maturity in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.2

Mgmt ForForForYesApprove Method of Issuance in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.3

Mgmt ForForForYesApprove Places in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.4

Mgmt ForForForYesApprove Nominal Value and Issue Price in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.5

Mgmt ForForForYesApprove Dividend Distribution Provisions in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.6

Mgmt ForForForYesApprove Conditional Redemption Terms in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.7

Mgmt ForForForYesApprove Terms of Mandatory Conversion in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.8

Mgmt ForForForYesApprove Restriction on and Restoration of Voting Rights in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.9

Mgmt ForForForYesApprove Order of Distribution of Residual Assets and Basis for Liquidation in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.10

Mgmt ForForForYesApprove Use of Proceeds in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.11






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Rating in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.12

Mgmt ForForForYesApprove Guarantee in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.13

Mgmt ForForForYesApprove Transferability in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.14

Mgmt ForForForYesApprove Compliance of Latest Regulatory Requirements in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.15


1.16

Mgmt ForForForYesApprove Relationship between Domestic and Offshore Issuances in Respect of Non-public Issuance of Domestic Preference Shares by China Minsheng Banking Corp Ltd.

1.17

Mgmt ForForForYesApprove Type and Number of Securities to be Issued in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.1

Mgmt ForForForYesApprove Maturity in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.2

Mgmt ForForForYesApprove Method of Issuance in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.3

Mgmt ForForForYesApprove Places in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.4

Mgmt ForForForYesApprove Nominal Value and Issue Price in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.5

Mgmt ForForForYesApprove Dividend Distribution Provisions in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.6

Mgmt ForForForYesApprove Conditional Redemption Terms in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.7

Mgmt ForForForYesApprove Terms of Mandatory Conversion in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.8






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Restriction on and Restoration of Voting Rights in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.9

Mgmt ForForForYesApprove Order of Distribution of Residual Assets and Basis for Liquidation in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.10

Mgmt ForForForYesApprove Use of Proceeds in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.11

Mgmt ForForForYesApprove Rating in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.12

Mgmt ForForForYesApprove Guarantee in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.13

Mgmt ForForForYesApprove Transferability in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.14

Mgmt ForForForYesApprove Compliance of Latest Regulatory Requirements in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.15


2.16

Mgmt ForForForYesApprove Relationship between Domestic and Offshore Issuances in Respect of Non-public Issuance of Offshore Preference Shares by China Minsheng Banking Corp Ltd.

2.17

China Shipping Container Lines Co. Ltd.



Country: China



Ticker: 2866

Primary CUSIP: Y1513C104 Primary ISIN: CNE100000536 Primary SEDOL: B018L76


Votable Proposal

VotingPolicy Rec

Vote Instruction







Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Restructuring Comprising of the Disposal of the Sales Equity Pursuant to the Equity Sales Agreements and Acquisition of the Financial Equity Pursuant to the Equity Acquisition Agreements

1.1

Mgmt ForForForYesApprove Sale of Equity Interests Under the CS Agency, Universal Shipping, Golden Sea, CSSP Equity, Golden Sea Equity, CS Onshore Agency and Shenzhen Agency Sales Agreements

1.2a

Mgmt ForForForYesApprove Sales of Equity Interests in CS Ports Under the CS Ports Sales Agreement

1.2b

Mgmt ForForForYesApprove Acquisition of Equity Interests in CS Investment Under the CS Investment Acquisition Agreement

1.2c

Mgmt ForForForYesApprove Acquisition of Equity Interests in CS Leasing Under the CS Leasing Acquisition Agreement

1.2d

Mgmt ForForForYesApprove Acquisition of Equity Interests in CS Finance Under the CS Finance Equity Acquisition Agreement

1.2e

Mgmt ForForForYesApprove Acquisition of Equity Interests in CBHB Under the CBHB Equity Acquisition Agreement

1.2f

Mgmt ForForForYesApprove Acquisition of Equity Interests in Dong Fang International Under the Dong Fang International Acquisition Agreement

1.2g

Mgmt ForForForYesApprove Acquisition of Equity Interests in CS Nauticgreen and Helen Insurance Under the CS Financial Assets Acquisition Agreement

1.2h

Mgmt ForForForYesApprove Acquisition of Equity Interests in Long Honour Under the Long Honour Acquisition Agreement

1.2i

Mgmt ForForForYesApprove Acquisition of Equity Interests in Florens Under the Florens Acquisition Agreement

1.2j

Mgmt ForForForYesApprove Capital Increase in COSCO Finance Under the COSCO Finance Capital Increase Agreement

1.2k

Mgmt ForForForYesApprove Authorization Effective for 12 Months from the Date of Approval by the General Meeting

1.3

Mgmt ForForForYesApprove Confirmation of Transactions Between CS Company and the Group under the Restructuring Pursuant to Laws and Regulation

2






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Major Asset Disposal and Major Asset Acquisition and Connected Transactions of China Shipping Container Lines Company Limited

3

Mgmt ForForForYesApprove Agreements in Relation to the Restructuring

4

Mgmt ForForForYesApprove Assets Lease Framework Agreement, Proposed Annual Caps and Related Transactions

5

Mgmt ForForForYesApprove Restructuring Complies with All Relevant Laws and Regulations

6

Mgmt ForForForYesApprove Restructuring Complies with Rule 4 of the Provisions on Issues Concerning Regulating the Material Asset Reorganizations of Listed Companies

7

Mgmt ForForForYesApprove Accountants' Reports and Valuation Reports in Relation to the Restructuring

8

Mgmt ForForForYesApprove Valuer for the Restructuring is Independent, the Valuation Assumptions are Reasonable, the Valuation Method and Purpose are Relevant and the Valuation is Fair

9

Mgmt ForForForYesApprove Legal Procedures for the Restructuring are Complete and in Compliance and Legal Documents Submitted are Valid

10

Mgmt ForForForYesAuthorize Board to Do All Such Things and Exercise All Powers Necessary to Implement the Transactions

11

Mgmt ForForForYesApprove Provision of Financial Assistance 12

Mgmt AgainstAgainstForYesApprove Financial Services Provision Framework Agreement, Proposed Annual Caps and Related Transactions

13

Cosco Pacific Limited



Country: Bermuda


Primary Security ID: G2442N104

Ticker: 1199

Primary CUSIP: G2442N104 Primary ISIN: BMG2442N1048 Primary SEDOL: 6354251


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve CSPD SPA and FCHL SPA and Related Transactions





Grupa Azoty S.A.



Country: Poland


Primary Security ID: X9868F102

Ticker: ATT

Primary CUSIP: X9868F102 Primary ISIN: PLZATRM00012 Primary SEDOL: B3B61Y8


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Meeting Chairman; Prepare List of Shareholders

2



Mgmt AgainstAgainstForYesElect Members of Vote Counting Commission 5.1

Mgmt ForForForYesResolve Not to Elect Members of Vote Counting Commission

5.2





Mgmt NoReceive Information 7


Isagen S.A. E.S.P.


Record Date:

Country: Colombia


Primary Security ID: P5892H105

Ticker: ISAGEN

Primary CUSIP: N/A Primary ISIN: COE16PA00016 Primary SEDOL: B1QY745


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesElect Chairman of Meeting 2





Isagen S.A. E.S.P.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAmend Bylaws 4

Mgmt AgainstAgainstForYesElect Directors 5

MTR Corporation Ltd



Country: Hong Kong


Primary Security ID: Y6146T101

Ticker: 66

Primary CUSIP: Y6146T101 Primary ISIN: HK0066009694 Primary SEDOL: 6290054


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve XRL Agreement and Related Transactions


Transmissora Alianca De Energia Eletrica SA


Record Date:

Country: Brazil


Primary Security ID: P9T5CD126

Ticker: TAEE11

Primary CUSIP: P9133J110 Primary ISIN: BRTAEECDAM10 Primary SEDOL: B1G8KX7


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Alternate Director Mgmt Yes For For For

China Reinsurance (Group) Corporation



Country: China


Primary Security ID: Y1R0AJ109

Ticker: 01508

Primary CUSIP: N/A Primary ISIN: CNE100002342 Primary SEDOL: BYYN347




China Reinsurance (Group) Corporation


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve KPMG Huazhen LLP as Domestic and International Auditors


UDG Healthcare plc



Country: Ireland


Primary Security ID: G9285S108

Ticker: UDG

Primary CUSIP: G9230Q157 Primary ISIN: IE0033024807 Primary SEDOL: 3302480


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Chris Brinsmead as Director 4a

Mgmt ForForForYesRe-elect Chris Corbin as Director 4b

Mgmt ForForForYesRe-elect Liam FitzGerald as Director 4c

Mgmt ForForForYesRe-elect Peter Gray as Director 4d

Mgmt ForForForYesRe-elect Brendan McAtamney as Director 4e

Mgmt ForForForYesRe-elect Gerard van Odijk as Director 4f

Mgmt ForForForYesRe-elect Alan Ralph as Director 4g

Mgmt ForForForYesRe-elect Lisa Ricciardi as Director 4h

Mgmt ForForForYesRe-elect Philip Toomey as Director 4i

Mgmt ForForForYesRe-elect Linda Wilding as Director 4j


5


6


7


8




UDG Healthcare plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesAuthorise Reissuance of Repurchased Shares 10

Mgmt ForForForYesAmend Memorandum of Association 11


Barloworld Ltd






Ticker: BAW



Votable Proposal

VotingPolicy Rec

Vote Instruction

Ordinary Resolutions to be Completed by Ordinary Shareholders

Mgmt No

Mgmt ForForForYesAccept Financial Statements and Statutory Reports for the Year Ended 30 September 2015

1

Mgmt ForForForYesRe-elect Neo Dongwana as Director 2

Mgmt ForForForYesRe-elect Babalwa Ngonyama as Director 3

Mgmt ForForForYesRe-elect Isaac Shongwe as Director 4

Mgmt ForForForYesRe-elect Don Wilson as Director 5

Mgmt ForForForYesElect Sango Ntsaluba as Chairman of the Audit Committee

6

Mgmt ForForForYesRe-elect Babalwa Ngonyama as Member of the Audit Committee

7

Mgmt ForForForYesElect Ngozi Edozien as Member of the Audit Committee

8

Mgmt ForForForYesReappoint Deloitte and Touche as Auditors of the Company and Appoint B Nyembe as the Individual Registered Auditor and Authorise Their Remuneration

9


Mgmt NoSpecial Resolutions to be Completed by Ordinary Shareholders

Mgmt ForForForYesApprove Fees for the Chairman of the Board 1.1




Barloworld Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Fees for the Resident Non-executive Directors

1.2

Mgmt ForForForYesApprove Fees for the Non-resident Non-executive Directors

1.3

Mgmt ForForForYesApprove Fees for the Chairman of the Audit Committee (Resident)

1.4

Mgmt ForForForYesApprove Fees for the Resident Members of the Audit Committee

1.5

Mgmt ForForForYesApprove Fees for the Non-resident Members of the Audit Committee

1.6

Mgmt ForForForYesApprove Fees for the Chairman of the Remuneration Committee (Non-resident)

1.7

Mgmt ForForForYesApprove Fees for the Chairman of the Social, Ethics and Transformation Committee (Resident)

1.8

Mgmt ForForForYesApprove Fees for the Chairman of the Risk and Sustainability Committee (Resident)

1.9

Mgmt ForForForYesApprove Fees for the Chairman of the General Purposes Committee (Resident)

1.10

Mgmt ForForForYesApprove Fees for the Chairman of the Nomination Committee (Resident)

1.11

Mgmt ForForForYesApprove Fees for the Resident Members of Each of the Board Committees Other Than Audit Committee

1.12

Mgmt ForForForYesApprove Fees for the Non-resident Members of Each of the Board Committees

1.13

Mgmt AgainstAgainstForYesApprove Fees of Ad Hoc Work Performed by Non-executive Directors for Special Projects (Hourly Rate)

1.14

Mgmt ForForForYesApprove Financial Assistance to Related or Inter-related Companies and Corporations

2


Dunedin Smaller Companies Investment Trust plc






Ticker: DNDL

Primary CUSIP: G28672122 Primary ISIN: GB00B1GCL258 Primary SEDOL: B1GCL25




Dunedin Smaller Companies Investment Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect James Barnes as Director 4

Mgmt ForForForYesRe-elect Norman Yarrow as Director 5



7


8

Mgmt ForForForYesAuthorise the Directors to Sell or Transfer Out of Treasury Ordinary Shares for Cash at Discounted Prices

9


10



Imperial Tobacco Group plc






Ticker: IMT

Primary CUSIP: G4721W102 Primary ISIN: GB0004544929 Primary SEDOL: 0454492


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Alison Cooper as Director 4

Mgmt ForForForYesRe-elect David Haines as Director 5






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Michael Herlihy as Director 6

Mgmt ForForForYesRe-elect Matthew Phillips as Director 7

Mgmt ForForForYesRe-elect Oliver Tant as Director 8

Mgmt ForForForYesRe-elect Mark Williamson as Director 9

Mgmt ForForForYesRe-elect Karen Witts as Director 10

Mgmt ForForForYesRe-elect Malcolm Wyman as Director 11


12


13


14


15


16


Mgmt ForForForYesApprove Change of Company Name to Imperial Brands plc

18


19


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesRe-elect Alison Cooper as Director 4

Mgmt ForForForYesRe-elect David Haines as Director 5

Mgmt ForForForYesRe-elect Michael Herlihy as Director 6

Mgmt ForForForYesRe-elect Matthew Phillips as Director 7

Mgmt ForForForYesRe-elect Oliver Tant as Director 8

Mgmt ForForForYesRe-elect Mark Williamson as Director 9

Mgmt ForForForYesRe-elect Karen Witts as Director 10






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Malcolm Wyman as Director 11


12


13


14


15


16


Mgmt ForForForYesApprove Change of Company Name to Imperial Brands plc

18


19

Nampak Ltd





Primary Security ID: S5326R114

Ticker: NPK

Primary CUSIP: S5326R114 Primary ISIN: ZAE000071676 Primary SEDOL: B0KS382


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Glenn Fullerton as Director Mgmt Yes For For For

Mgmt ForForForYesRe-elect Emmanuel Ikazoboh as Director 2

Mgmt ForForForYesRe-elect Dr Reuel Khoza as Director 3

Mgmt ForForForYesRe-elect Tito Mboweni as Director 4

Mgmt ForForForYesRe-elect Ipeleng Mkhari as Director 5

Mgmt ForForForYesReappoint Deloitte & Touche as Auditors of the Company with Trushar Kalan as the Individual Registered Auditor

6

Mgmt ForForForYesRe-elect Nosipho Molope as Chairman of the Audit Committee

7

Mgmt ForForForYesRe-elect Roy Andersen as Member of the Audit Committee

8




Nampak Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Nopasika Lila as Member of the Audit Committee

9

Mgmt ForForForYesRe-elect Ipeleng Mkhari as Member of the Audit Committee

10


Mgmt ForForForYesApprove Non-Executive Directors' Fees 12


Mgmt ForForForYesApprove Financial Assistance to Related or Inter-related Companies or Corporations

14

Shandong Chenming Paper Holdings Ltd.



Country: China



Ticker: 200488

Primary CUSIP: Y7682V104 Primary ISIN: CNE000000QM7 Primary SEDOL: 6801832


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt AgainstAgainstForYesApprove Proposed Guarantee 1

Mgmt ForForForYesApprove the Integrated Terminal of Huanggang Chenming Paper Co., Ltd. by Approximately RMB351,203,000

2

Mgmt ForForForYesApprove the 600,000-Tonne Liquid Packaging Cardboard Project of Zhanjiang Chenming Paper & Pulp Co., Ltd. by Approximately RMB5,501,030,000

3




Country: China



Ticker: 200488

Primary CUSIP: Y7682V104 Primary ISIN: CNE000000QM7 Primary SEDOL: 6801832






Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt AgainstAgainstForYesApprove Proposed Guarantee 1

Mgmt ForForForYesApprove the Integrated Terminal of Huanggang Chenming Paper Co., Ltd. by Approximately RMB351,203,000

2

Mgmt ForForForYesApprove the 600,000-Tonne Liquid Packaging Cardboard Project of Zhanjiang Chenming Paper & Pulp Co., Ltd. by Approximately RMB5,501,030,000

3

Compass Group plc






Ticker: CPG

Primary CUSIP: G23296182 Primary ISIN: GB00BLNN3L44 Primary SEDOL: BLNN3L4


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesElect Nelson Silva as Director 4

Mgmt ForForForYesElect Johnny Thomson as Director 5

Mgmt ForForForYesElect Ireena Vittal as Director 6

Mgmt ForForForYesRe-elect Dominic Blakemore as Director 7

Mgmt ForForForYesRe-elect Richard Cousins as Director 8

Mgmt ForForForYesRe-elect Gary Green as Director 9

Mgmt ForForForYesRe-elect Carol Arrowsmith as Director 10

Mgmt ForForForYesRe-elect John Bason as Director 11

Mgmt ForForForYesRe-elect Susan Murray as Director 12

Mgmt ForForForYesRe-elect Don Robert as Director 13




Compass Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Paul Walsh as Director 14



16


17


18


19


Mgmt ForAgainstForYesAuthorise the Company to Call General Meeting with 14 Working Days' Notice

21


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesElect Nelson Silva as Director 4

Mgmt ForForForYesElect Johnny Thomson as Director 5

Mgmt ForForForYesElect Ireena Vittal as Director 6

Mgmt ForForForYesRe-elect Dominic Blakemore as Director 7

Mgmt ForForForYesRe-elect Richard Cousins as Director 8

Mgmt ForForForYesRe-elect Gary Green as Director 9

Mgmt ForForForYesRe-elect Carol Arrowsmith as Director 10

Mgmt ForForForYesRe-elect John Bason as Director 11

Mgmt ForForForYesRe-elect Susan Murray as Director 12

Mgmt ForForForYesRe-elect Don Robert as Director 13

Mgmt ForForForYesRe-elect Paul Walsh as Director 14



16




Compass Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


17


18


19



21

Connect Group plc





Primary Security ID: G2354F107

Ticker: CNCT

Primary CUSIP: G8247U102 Primary ISIN: GB00B17WCR61 Primary SEDOL: B17WCR6


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesElect Gary Kennedy as Director 4

Mgmt ForForForYesElect Colin Child as Director 5

Mgmt ForForForYesElect Denise Collis as Director 6

Mgmt ForForForYesRe-elect Mark Cashmore as Director 7

Mgmt ForForForYesRe-elect Jonathan Bunting as Director 8

Mgmt ForForForYesRe-elect Nick Gresham as Director 9

Mgmt ForForForYesRe-elect Andrew Brent as Director 10


Mgmt ForForForYesAuthorise Audit Committee to Fix Remuneration of Auditors

12


13


14




Connect Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Long Term Incentive Plan 15

Mgmt ForForForYesApprove Executive Share Option Scheme 16



18



20


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesElect Gary Kennedy as Director 4

Mgmt ForForForYesElect Colin Child as Director 5

Mgmt ForForForYesElect Denise Collis as Director 6

Mgmt ForForForYesRe-elect Mark Cashmore as Director 7

Mgmt ForForForYesRe-elect Jonathan Bunting as Director 8

Mgmt ForForForYesRe-elect Nick Gresham as Director 9

Mgmt ForForForYesRe-elect Andrew Brent as Director 10


Mgmt ForForForYesAuthorise Audit Committee to Fix Remuneration of Auditors

12


13


14

Mgmt ForForForYesApprove Long Term Incentive Plan 15

Mgmt ForForForYesApprove Executive Share Option Scheme 16



18




Connect Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction



20

Finsbury Growth & Income Trust plc






Ticker: FGT



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt AgainstAgainstForYesRe-elect Anthony Townsend as Director 2

Mgmt ForForForYesRe-elect John Allard as Director 3

Mgmt ForForForYesRe-elect Neil Collins as Director 4

Mgmt ForForForYesElect Simon Hayes as Director 5

Mgmt ForForForYesRe-elect David Hunt as Director 6

Mgmt ForForForYesRe-elect Vanessa Renwick as Director 7


Mgmt ForForForYesReappoint Pricewaterhouse LLP as Auditors and Authorise Their Remuneration

9


10


11


12




15




La Comer S.A.B. De C.V.



Country: Mexico


Primary Security ID: P6125F114

Ticker: N/A

Primary CUSIP: N/A Primary ISIN: MX01LA050010 Primary SEDOL: BZ8W8S6


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt AgainstAgainstForYesElect or Ratify Directors, Members and Alternated of Planning Committee, Chairman of Audit Committee and Corporate Practices Committee, CEO and Secretary; Verify Independence of Directors; Fix Their Respective Remuneration

1

Mgmt AgainstAgainstForYesApprove Policy Related to Acquisition of Own Shares; Set Maximum Amount of Share Repurchase Reserve for 2016; Designate Attorney with Powers to Conduct Share Buybacks

2

Mgmt AgainstAgainstForYesAuthorize Board to Ratify and Execute Approved Resolutions

3

Brewin Dolphin Holdings plc






Ticker: BRW

Primary CUSIP: G1338M113 Primary ISIN: GB0001765816 Primary SEDOL: 0176581


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRe-elect Simon Miller as Director 3

Mgmt ForForForYesRe-elect Stephen Ford as Director 4

Mgmt ForForForYesRe-elect David Nicol as Director 5

Mgmt ForForForYesRe-elect Andrew Westenberger as Director 6

Mgmt ForForForYesRe-elect Angela Knight as Director 7

Mgmt ForForForYesRe-elect Kathleen Cates as Director 8






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Ian Dewar as Director 9

Mgmt ForForForYesRe-elect Caroline Taylor as Director 10

Mgmt ForForForYesRe-elect Paul Wilson as Director 11



13



15


16



18

Mgmt ForForForYesAuthorise EU Political Donations and Expenditures

19


Votable Proposal

VotingPolicy Rec

Vote Instruction


1


Mgmt ForForForYesRe-elect Simon Miller as Director 3

Mgmt ForForForYesRe-elect Stephen Ford as Director 4

Mgmt ForForForYesRe-elect David Nicol as Director 5

Mgmt ForForForYesRe-elect Andrew Westenberger as Director 6

Mgmt ForForForYesRe-elect Angela Knight as Director 7

Mgmt ForForForYesRe-elect Kathleen Cates as Director 8

Mgmt ForForForYesRe-elect Ian Dewar as Director 9

Mgmt ForForForYesRe-elect Caroline Taylor as Director 10

Mgmt ForForForYesRe-elect Paul Wilson as Director 11



13






Votable Proposal

VotingPolicy Rec

Vote Instruction



15


16



18

Mgmt ForForForYesAuthorise EU Political Donations and Expenditures

19

Daewoo Securities Co.





Primary Security ID: Y1916K109

Ticker: A006800

Primary CUSIP: Y1916K109 Primary ISIN: KR7006800007 Primary SEDOL: 6249658


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Kim Byung-Il as Outside Director Mgmt Yes For For For

Mgmt ForForForYesElect Kim Byung-Il as Member of Audit Committee

2

Lakehouse PLC





Primary Security ID: G5S53T104

Ticker: LAKE

Primary CUSIP: N/A Primary ISIN: GB00BSKS1M86 Primary SEDOL: BSKS1M8


Votable Proposal

VotingPolicy Rec

Vote Instruction








Lakehouse PLC


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesElect Stuart Black as Director 5

Mgmt ForForForYesElect Sean Birrane as Director 6

Mgmt ForForForYesElect Jeremy Simpson as Director 7

Mgmt ForForForYesElect Michael McMahon as Director 8

Mgmt ForForForYesElect Chris Geoghegan as Director 9

Mgmt ForForForYesElect Jill Ainscough as Director 10

Mgmt ForForForYesElect Johnathan Ford as Director 11



13


14


15



17

Mgmt ForAgainstForYesAuthorise the Company to General Meeting with Two Weeks' Notice

18


Votable Proposal

VotingPolicy Rec

Vote Instruction


1




Mgmt ForForForYesElect Stuart Black as Director 5

Mgmt ForForForYesElect Sean Birrane as Director 6

Mgmt ForForForYesElect Jeremy Simpson as Director 7

Mgmt ForForForYesElect Michael McMahon as Director 8

Mgmt ForForForYesElect Chris Geoghegan as Director 9




Lakehouse PLC


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Jill Ainscough as Director 10

Mgmt ForForForYesElect Johnathan Ford as Director 11



13


14


15



17

Mgmt AgainstAgainstForYesAuthorise the Company to General Meeting with Two Weeks' Notice

18

Netcare Ltd





Primary Security ID: S5507D108

Ticker: NTC

Primary CUSIP: S5507D108 Primary ISIN: ZAE000011953 Primary SEDOL: 6636421


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Reappoint Grant Thornton as Auditors of the Company and Appoint DS Reuben as the Designated Auditor


Mgmt ForForForYesElect Mark Bower as Director 2.1

Mgmt ForForForYesElect Bukelwa Bulo as Director 2.2

Mgmt ForForForYesRe-elect Meyer Kahn as Director 2.3

Mgmt ForForForYesRe-elect Martin Kuscus as Director 2.4

Mgmt ForForForYesRe-elect Kgomotso Moroka as Director 2.5

Mgmt ForForForYesRe-elect Thevendrie Brewer as Chairperson of the Audit Committee

3.1

Mgmt ForForForYesElect Mark Bower as Member of the Audit Committee

3.2

Mgmt ForForForYesRe-elect Azar Jammine as Members of the Audit Committee

3.3




Netcare Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Norman Weltman as Members of the Audit Committee

3.4

Mgmt ForForForYesAuthorise Issue of Shares for Cash 4


Mgmt ForForForYesAuthorise Board to Ratify and Execute Approved Resolutions

6


Mgmt ForForForYesApprove Non-executive Directors' Remuneration

8

Mgmt AgainstAgainstForYesApprove Financial Assistance to Related or Inter-related Companies

9

Shaftesbury plc






Ticker: SHB



Votable Proposal

VotingPolicy Rec

Vote Instruction






Mgmt ForAgainstForYesRe-elect Jonathan Lane as Director 5

Mgmt ForForForYesRe-elect Brian Bickell as Director 6

Mgmt ForForForYesRe-elect Simon Quayle as Director 7

Mgmt ForForForYesRe-elect Thomas Welton as Director 8

Mgmt ForForForYesRe-elect Christopher Ward as Director 9

Mgmt ForForForYesRe-elect Jill Little as Director 10

Mgmt ForForForYesRe-elect Oliver Marriott as Director 11

Mgmt ForForForYesRe-elect Dermot Mathias as Director 12

Mgmt ForForForYesRe-elect Hilary Riva as Director 13




Shaftesbury plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Sally Walden as Director 14

Mgmt ForForForYesAppoint Ernst & Young LLP as Auditors 15


16


17


18



20

Mgmt ForForForYesApprove 2016 Long-Term Incentive Plan 21


Votable Proposal

VotingPolicy Rec

Vote Instruction


1




Mgmt AgainstAgainstForYesRe-elect Jonathan Lane as Director 5

Mgmt ForForForYesRe-elect Brian Bickell as Director 6

Mgmt ForForForYesRe-elect Simon Quayle as Director 7

Mgmt ForForForYesRe-elect Thomas Welton as Director 8

Mgmt ForForForYesRe-elect Christopher Ward as Director 9

Mgmt ForForForYesRe-elect Jill Little as Director 10

Mgmt ForForForYesRe-elect Oliver Marriott as Director 11

Mgmt ForForForYesRe-elect Dermot Mathias as Director 12

Mgmt ForForForYesRe-elect Hilary Riva as Director 13

Mgmt ForForForYesRe-elect Sally Walden as Director 14

Mgmt ForForForYesAppoint Ernst & Young LLP as Auditors 15


16




Shaftesbury plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


17


18



20

Mgmt ForForForYesApprove 2016 Long-Term Incentive Plan 21

Chemring Group plc






Ticker: CHG

Primary CUSIP: G20860105 Primary ISIN: GB00B45C9X44 Primary SEDOL: B45C9X4


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Authorise Issue of Equity Pursuant to the Capital Raising


Mgmt AgainstAgainstForYesAuthorise Issue of Equity without Pre-emptive Rights Pursuant to the Capital Raising

2

F&C Capital and Income Investment Trust plc






Ticker: FCI



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Jane Lewis as Director 3

Mgmt ForForForYesRe-elect Clare Dobie as Director 4




F&C Capital and Income Investment Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


5


6


7


8


The Spar Group Ltd






Ticker: SPP

Primary CUSIP: S8050H104 Primary ISIN: ZAE000058517 Primary SEDOL: B038WK4


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesElect Marang Mashologu as Director 1.1

Mgmt ForForForYesRe-elect Mike Hankinson as Director 1.2

Mgmt ForForForYesReappoint Deloitte & Touche as Auditors of the Company and Appoint G Kruger as the Designated Auditor

2

Mgmt ForForForYesRe-elect Chris Wells as Chairman of the Audit Committee

3.1

Mgmt ForForForYesRe-elect Harish Mehta as Member of the Audit Committee

3.2

Mgmt ForForForYesElect Marang Mashologu as Member of the Audit Committee

3.3

Mgmt AgainstAgainstForYesPlace Authorised but Unissued Shares Under Control of Directors Pursuant to the Employee Share Trust (2004)

4

Mgmt ForForForYesPlace Authorised but Unissued Shares Under Control of Directors Pursuant to the Conditional Share Plan

5



7




The Spar Group Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt NoSpecial Business


1

Mgmt ForForForYesApprove Non-executive Directors' Fees 2

Mgmt NoNon-Binding Advisory Vote


TUI AG


Record Date:

Country: Germany


Primary Security ID: D8484K166

Ticker: TUI1

Primary CUSIP: D8484K166 Primary ISIN: DE000TUAG000 Primary SEDOL: 5666292


Votable Proposal

VotingPolicy Rec

Vote Instruction

2 Approve Allocation of Income and Dividends of EUR 0.56 per Share


Mgmt ForForForYesApprove Discharge of Management Board Member Friedrich Joussen for Fiscal 2014/2015

3.1

Mgmt ForForForYesApprove Discharge of Management Board Member Peter Long for Fiscal 2014/2015

3.2

Mgmt ForForForYesApprove Discharge of Management Board Member Horst Baier for Fiscal 2014/2015

3.3

Mgmt ForForForYesApprove Discharge of Management Board Member David Burling for Fiscal 2014/2015

3.4

Mgmt ForForForYesApprove Discharge of Management Board Member Sebastian Ebel for Fiscal 2014/2015

3.5

Mgmt ForForForYesApprove Discharge of Management Board Member Johan Lundgren for Fiscal 2014/2015

3.6

Mgmt ForForForYesApprove Discharge of Management Board Member William Waggott for Fiscal 2014/2015

3.7

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Klaus Mangold for Fiscal 2014/2015

4.1

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Frank Jakobi for Fiscal 2014/2015

4.2




TUI AG


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Michael Hodgkinson for Fiscal 2014/2015

4.3

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Andreas Barczewski for Fiscal 2014/2015

4.4

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Peter Bremme for Fiscal 2014/2015

4.5

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Arnd Dunse for Fiscal 2014/2015

4.6

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Edgar Ernst for Fiscal 2014/2015

4.7

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Angelika Gifford for Fiscal 2014/2015

4.8

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Valerie Gooding for Fiscal 2014/2015

4.9

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Dierk Hirschel for Fiscal 2014/2015

4.10

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Vladimir Lukin for Fiscal 2014/2015

4.11

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Timothy Powell for Fiscal 2014/2015

4.12

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Coline McConville for Fiscal 2014/2015

4.13

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Janis Kong for Fiscal 2014/2015

4.14

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Michael Poenipp for Fiscal 2014/2015

4.15

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Wilfired Rau for Fiscal 2014/2015

4.16

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Carmen Riu Gueell for Fiscal 2014/2015

4.17

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Carola Schwirn for Fiscal 2014/2015

4.18

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Maxim Shemetov for Fiscal 2014/2015

4.19

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Anette Strempel for Fiscal 2014/2015

4.20

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Christian Strenger for Fiscal 2014/2015

4.21




TUI AG


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Ortwin Strubelt for Fiscal 2014/2015

4.22

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Marcell Witt for Fiscal 2014/2015

4.23

Mgmt ForForForYesRatify PricewaterhouseCoopers AG as Auditors for Fiscal 2015/2016

5

Mgmt ForForForYesApprove Creation of EUR 150 Million Pool of Capital without Preemptive Rights

6


7

Mgmt ForForForYesApprove Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 2 Billion; Approve Creation of EUR 150 Million Pool of Capital to Guarantee Conversion Rights

8

Mgmt ForForForYesAuthorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares

9

Mgmt ForAgainstForYesElect Edgar Ernst to the Supervisory Board 10.1

Mgmt ForAgainstForYesElect Angelika Gifford to the Supervisory Board

10.2

Mgmt ForAgainstForYesElect Michael Hodgkinson to the Supervisory Board

10.3

Mgmt ForAgainstForYesElect Peter Long to the Supervisory Board 10.4

Mgmt ForAgainstForYesElect Klaus Mangold to the Supervisory Board 10.5

Mgmt ForAgainstForYesElect Alexey Mordashov to the Supervisory Board

10.6

Mgmt ForAgainstForYesElect Carmen Riu Gueell to the Supervisory Board

10.7

Mgmt ForForForYesAmend Articles Re: Board-Related 11

Mgmt ForForForYesApprove Remuneration of Supervisory Board 12


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Allocation of Income and Dividends of EUR 0.56 per Share

2

Mgmt ForForForYesApprove Discharge of Management Board Member Friedrich Joussen for Fiscal 2014/2015

3.1




TUI AG


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Discharge of Management Board Member Peter Long for Fiscal 2014/2015

3.2

Mgmt ForForForYesApprove Discharge of Management Board Member Horst Baier for Fiscal 2014/2015

3.3

Mgmt ForForForYesApprove Discharge of Management Board Member David Burling for Fiscal 2014/2015

3.4

Mgmt ForForForYesApprove Discharge of Management Board Member Sebastian Ebel for Fiscal 2014/2015

3.5

Mgmt ForForForYesApprove Discharge of Management Board Member Johan Lundgren for Fiscal 2014/2015

3.6

Mgmt ForForForYesApprove Discharge of Management Board Member William Waggott for Fiscal 2014/2015

3.7

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Klaus Mangold for Fiscal 2014/2015

4.1

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Frank Jakobi for Fiscal 2014/2015

4.2

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Michael Hodgkinson for Fiscal 2014/2015

4.3

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Andreas Barczewski for Fiscal 2014/2015

4.4

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Peter Bremme for Fiscal 2014/2015

4.5

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Arnd Dunse for Fiscal 2014/2015

4.6

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Edgar Ernst for Fiscal 2014/2015

4.7

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Angelika Gifford for Fiscal 2014/2015

4.8

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Valerie Gooding for Fiscal 2014/2015

4.9

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Dierk Hirschel for Fiscal 2014/2015

4.10

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Vladimir Lukin for Fiscal 2014/2015

4.11

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Timothy Powell for Fiscal 2014/2015

4.12

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Coline McConville for Fiscal 2014/2015

4.13

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Janis Kong for Fiscal 2014/2015

4.14




TUI AG


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Michael Poenipp for Fiscal 2014/2015

4.15

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Wilfired Rau for Fiscal 2014/2015

4.16

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Carmen Riu Gueell for Fiscal 2014/2015

4.17

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Carola Schwirn for Fiscal 2014/2015

4.18

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Maxim Shemetov for Fiscal 2014/2015

4.19

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Anette Strempel for Fiscal 2014/2015

4.20

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Christian Strenger for Fiscal 2014/2015

4.21

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Ortwin Strubelt for Fiscal 2014/2015

4.22

Mgmt ForForForYesApprove Discharge of Supervisory Board Member Marcell Witt for Fiscal 2014/2015

4.23

Mgmt ForForForYesRatify PricewaterhouseCoopers AG as Auditors for Fiscal 2015/2016

5


6


7

Mgmt ForForForYesApprove Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 2 Billion; Approve Creation of EUR 150 Million Pool of Capital to Guarantee Conversion Rights

8

Mgmt ForForForYesAuthorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares

9

Mgmt AgainstAgainstForYesElect Edgar Ernst to the Supervisory Board 10.1

Mgmt AgainstAgainstForYesElect Angelika Gifford to the Supervisory Board

10.2

Mgmt AgainstAgainstForYesElect Michael Hodgkinson to the Supervisory Board

10.3

Mgmt AgainstAgainstForYesElect Peter Long to the Supervisory Board 10.4

Mgmt AgainstAgainstForYesElect Klaus Mangold to the Supervisory Board 10.5




TUI AG


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesElect Alexey Mordashov to the Supervisory Board

10.6

Mgmt AgainstAgainstForYesElect Carmen Riu Gueell to the Supervisory Board

10.7

Mgmt ForForForYesAmend Articles Re: Board-Related 11

Mgmt ForForForYesApprove Remuneration of Supervisory Board 12

Uralkali PJSC



Country: Russia



Ticker: URKA

Primary CUSIP: X9519W108 Primary ISIN: RU0007661302 Primary SEDOL: B59MFL7


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Large-Scale Related-Party Transaction with AO Uralkali-Tekhnologiya Re: Supplement to Loan Agreement


Mgmt AgainstAgainstForYesApprove Related-Party Transaction with AO Uralkali-Tekhnologiya Re: Loan Agreement

2.1

Mgmt AgainstAgainstForYesApprove Related-Party Transaction with Enterpro Services Ltd Re: Loan Agreement

2.2

Blackrock Frontiers Investment Trust plc






Ticker: BRFI

Primary CUSIP: N/A Primary ISIN: GB00B3SXM832 Primary SEDOL: B3SXM83


Votable Proposal

VotingPolicy Rec

Vote Instruction










Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Lynn Ruddick as Director 4

Mgmt ForForForYesRe-elect Nicholas Pitts-Tucker as Director 5


Mgmt ForForForYesAuthorise Audit & Management Engagement Committee to Fix Remuneration of Auditors

7

Mgmt ForForForYesAmend the Company's Investment Policy 8


9

Mgmt ForAgainstForYesAuthorise Issue of Equity with Pre-emptive Rights

10


11

Mgmt ForAgainstForYesAuthorise Issue of Equity without Pre-emptive Rights

12




Votable Proposal

VotingPolicy Rec

Vote Instruction


1




Mgmt ForForForYesRe-elect Nicholas Pitts-Tucker as Director 5


Mgmt ForForForYesAuthorise Audit & Management Engagement Committee to Fix Remuneration of Auditors

7



9

Mgmt AgainstAgainstForYesAuthorise Issue of Equity with Pre-emptive Rights

10


11






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesAuthorise Issue of Equity without Pre-emptive Rights

12









Ticker: BRFI

Primary CUSIP: N/A Primary ISIN: GB00B3SXM832 Primary SEDOL: B3SXM83


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Authorise Market Purchase of Ordinary Shares Pursuant to the Tender Offer


Mgmt ForAgainstForYesApprove Waiver on Tender-Bid Requirement 2


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAuthorise Market Purchase of Ordinary Shares Pursuant to the Tender Offer

1

Mgmt AgainstAgainstForYesApprove Waiver on Tender-Bid Requirement 2

Grainger plc






Ticker: GRI

Primary CUSIP: G40432117 Primary ISIN: GB00B04V1276 Primary SEDOL: B04V127


Votable Proposal

VotingPolicy Rec

Vote Instruction






Grainger plc


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesRe-elect Baroness Margaret Ford as Director 4

Mgmt ForForForYesRe-elect Nick Jopling as Director 5

Mgmt ForForForYesRe-elect Belinda Richards as Director 6

Mgmt ForForForYesRe-elect Tony Wray as Director 7

Mgmt ForForForYesElect Andrew Carr-Locke as Director 8

Mgmt ForForForYesElect Helen Gordon as Director 9

Mgmt ForForForYesElect Rob Wilkinson as Director 10



12


13


14



16


17


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesRe-elect Baroness Margaret Ford as Director 4

Mgmt ForForForYesRe-elect Nick Jopling as Director 5

Mgmt ForForForYesRe-elect Belinda Richards as Director 6

Mgmt ForForForYesRe-elect Tony Wray as Director 7

Mgmt ForForForYesElect Andrew Carr-Locke as Director 8




Grainger plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Helen Gordon as Director 9

Mgmt ForForForYesElect Rob Wilkinson as Director 10



12


13


14



16


17

Juhayna Food Industries Co.


Record Date:

Country: Egypt


Primary Security ID: M62324104

Ticker: JUFO

Primary CUSIP: N/A Primary ISIN: EGS30901C010 Primary SEDOL: B4RJHG2


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Board Report on Company Operations for FY Ended on Dec. 31, 2015


Mgmt ForForForYesApprove Auditors' Report on Company Financial Statements for FY Ended on Dec. 31, 2015

2

Mgmt ForForForYesAccept Financial Statements and Statutory Reports for FY Ended on Dec. 31, 2015

3

Mgmt ForForForYesApprove Allocation of Income and Dividends for FY Ended on Dec. 31, 2015

4

Mgmt ForForForYesApprove Discharge of Chairman and Directors for FY Ended on Dec. 31, 2015

5

Mgmt ForForForYesApprove Remuneration of Directors for FY 2016

6

Mgmt ForForForYesRatify Auditors and Fix Their Remuneration for FY 2016

7




Juhayna Food Industries Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Charitable Donations for FY 2016 8

Next plc






Ticker: NXT



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Matters Relating to the Relevant Distributions

Mgmt Yes None For For

Sappi Ltd






Ticker: SAP



Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesAccept Financial Statements and Statutory Reports for the Year Ended September 2015

1

Mgmt ForForForYesElect Rob Jan Renders as Director 2

Mgmt ForForForYesRe-elect Frits Beurskens as Director 3.1

Mgmt ForForForYesRe-elect Steve Binnie as Director 3.2

Mgmt ForForForYesRe-elect Bob DeKoch as Director 3.3

Mgmt ForForForYesRe-elect Karen Osar as Director 3.4

Mgmt ForForForYesRe-elect Rudolf Thummer as Director 3.5

Mgmt ForForForYesRe-elect Len Konar as Chairman of the Audit Committee

4.1

Mgmt ForForForYesRe-elect Frits Beurskens as Member of the Audit Committee

4.2




Sappi Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Mike Fallon as Member of the Audit Committee

4.3

Mgmt ForForForYesRe-elect Peter Mageza as Member of the Audit Committee

4.4

Mgmt ForForForYesRe-elect Karen Osar as Member of the Audit Committee

4.5

Mgmt ForForForYesReappoint Deloitte & Touche as Auditors of the Company and Appoint Patrick Smit as the Designated Registered Auditor

5

Mgmt ForForForYesPlace Authorised but Unissued Shares under Control of Directors for the Purpose of The Sappi Limited Performance Share Incentive Trust

6.1

Mgmt ForForForYesAuthorise Any Subsidiary to Sell and to Transfer to The Sappi Limited Share Incentive Trust and The Sappi Limited Performance Share Incentive Trust Such Shares as May be Required for the Purposes of the Schemes

6.2





2

Mgmt NoContinuation of Ordinary Resolutions

Mgmt ForForForYesAuthorise Ratification of Approved Resolutions

8

Schroder UK Mid Cap Fund plc






Ticker: SCP



Votable Proposal

VotingPolicy Rec

Vote Instruction








Schroder UK Mid Cap Fund plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Eric Sanderson as Director 4

Mgmt ForForForYesRe-elect Clare Dobie as Director 5



7

Mgmt ForForForYesApprove Increase of the Aggregate Limit of Directors' Fees

8


9


10


Victrex plc





Primary Security ID: G9358Y107

Ticker: VCT

Primary CUSIP: G9358Y107 Primary ISIN: GB0009292243 Primary SEDOL: 0929224


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Larry Pentz as Director 4

Mgmt ForForForYesRe-elect Dr Pamela Kirby as Director 5

Mgmt ForForForYesRe-elect Patrick De Smedt as Director 6

Mgmt ForForForYesElect Andrew Dougal as Director 7

Mgmt ForForForYesElect Jane Toogood as Director 8

Mgmt ForForForYesRe-elect David Hummel as Director 9

Mgmt ForForForYesRe-elect Tim Cooper as Director 10

Mgmt ForForForYesRe-elect Louisa Burdett as Director 11

Mgmt ForForForYesElect Martin Court as Director 12




Victrex plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-appoint KPMG LLP as Auditors 13


14


15


16



18


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesRe-elect Larry Pentz as Director 4

Mgmt ForForForYesRe-elect Dr Pamela Kirby as Director 5

Mgmt ForForForYesRe-elect Patrick De Smedt as Director 6

Mgmt ForForForYesElect Andrew Dougal as Director 7

Mgmt ForForForYesElect Jane Toogood as Director 8

Mgmt ForForForYesRe-elect David Hummel as Director 9

Mgmt ForForForYesRe-elect Tim Cooper as Director 10

Mgmt ForForForYesRe-elect Louisa Burdett as Director 11

Mgmt ForForForYesElect Martin Court as Director 12

Mgmt ForForForYesRe-appoint KPMG LLP as Auditors 13


14


15


16





Victrex plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


18

easyJet plc






Ticker: EZJ

Primary CUSIP: G2915P107 Primary ISIN: GB00B7KR2P84 Primary SEDOL: B7KR2P8


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesApprove Ordinary Dividend 3

Mgmt ForForForYesElect Andrew Findlay as Director 4

Mgmt ForForForYesElect Chris Browne as Director 5

Mgmt ForForForYesRe-elect John Barton as Director 6

Mgmt ForForForYesRe-elect Charles Gurassa as Director 7

Mgmt ForForForYesRe-elect Dame Carolyn McCall as Director 8

Mgmt ForForForYesRe-elect Adele Anderson as Director 9

Mgmt ForForForYesRe-elect Dr Andreas Bierwirth as Director 10

Mgmt ForForForYesRe-elect Keith Hamill as Director 11

Mgmt ForForForYesRe-elect Andy Martin as Director 12

Mgmt ForForForYesRe-elect Francois Rubichon as Director 13


14


15

Mgmt ForForForYesApprove EU Political Donations and Expenditure

16


17


18




easyJet plc


Votable Proposal

VotingPolicy Rec

Vote Instruction



20


Votable Proposal

VotingPolicy Rec

Vote Instruction


1


Mgmt ForForForYesApprove Ordinary Dividend 3

Mgmt ForForForYesElect Andrew Findlay as Director 4

Mgmt ForForForYesElect Chris Browne as Director 5


Mgmt ForForForYesRe-elect Charles Gurassa as Director 7

Mgmt ForForForYesRe-elect Dame Carolyn McCall as Director 8

Mgmt ForForForYesRe-elect Adele Anderson as Director 9

Mgmt ForForForYesRe-elect Dr Andreas Bierwirth as Director 10

Mgmt ForForForYesRe-elect Keith Hamill as Director 11

Mgmt ForForForYesRe-elect Andy Martin as Director 12

Mgmt ForForForYesRe-elect Francois Rubichon as Director 13


14


15


16


17


18



20




Enterprise Inns plc






Ticker: ETI

Primary CUSIP: G3070Z153 Primary ISIN: GB00B1L8B624 Primary SEDOL: B1L8B62


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Robert Walker as Director 4

Mgmt ForForForYesRe-elect Simon Townsend as Director 5

Mgmt ForForForYesRe-elect Neil Smith as Director 6

Mgmt ForForForYesRe-elect David Maloney as Director 7

Mgmt ForForForYesRe-elect Peter Baguley as Director 8

Mgmt ForForForYesRe-elect Adam Fowle as Director 9

Mgmt ForForForYesElect Marisa Cassoni as Director 10



12


13

Mgmt ForForForYesAmend 2015 Long-Term Incentive Plan 14


15



17


Votable Proposal

VotingPolicy Rec

Vote Instruction


1






Enterprise Inns plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Robert Walker as Director 4

Mgmt ForForForYesRe-elect Simon Townsend as Director 5

Mgmt ForForForYesRe-elect Neil Smith as Director 6

Mgmt ForForForYesRe-elect David Maloney as Director 7

Mgmt ForForForYesRe-elect Peter Baguley as Director 8

Mgmt ForForForYesRe-elect Adam Fowle as Director 9

Mgmt ForForForYesElect Marisa Cassoni as Director 10



12


13

Mgmt ForForForYesAmend 2015 Long-Term Incentive Plan 14


15



17

The Paragon Group of Companies plc






Ticker: PAG

Primary CUSIP: G6376N154 Primary ISIN: GB00B2NGPM57 Primary SEDOL: B2NGPM5


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Robert Dench as Director 4

Mgmt ForForForYesRe-elect Nigel Terrington as Director 5

Mgmt ForForForYesRe-elect Richard Woodman as Director 6






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect John Heron as Director 7

Mgmt ForForForYesRe-elect Alan Fletcher as Director 8

Mgmt ForForForYesRe-elect Peter Hartill as Director 9

Mgmt ForForForYesRe-elect Fiona Clutterbuck as Director 10

Mgmt ForForForYesRe-elect Hugo Tudor as Director 11

Mgmt ForForForYesAppoint KPMG LLP as Auditors 12


13


14


15



17


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesRe-elect Robert Dench as Director 4

Mgmt ForForForYesRe-elect Nigel Terrington as Director 5

Mgmt ForForForYesRe-elect Richard Woodman as Director 6

Mgmt ForForForYesRe-elect John Heron as Director 7

Mgmt ForForForYesRe-elect Alan Fletcher as Director 8

Mgmt ForForForYesRe-elect Peter Hartill as Director 9

Mgmt ForForForYesRe-elect Fiona Clutterbuck as Director 10

Mgmt ForForForYesRe-elect Hugo Tudor as Director 11

Mgmt ForForForYesAppoint KPMG LLP as Auditors 12


13






Votable Proposal

VotingPolicy Rec

Vote Instruction


14


15



17

GCP Infrastructure Investments Ltd.



Country: Jersey



Ticker: GCP

Primary CUSIP: N/A Primary ISIN: JE00B6173J15 Primary SEDOL: B6173J1


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesReelect Ian Reeves as a Director 3

Mgmt ForForForYesReelect Clive Spears as a Director 4

Mgmt ForForForYesReelect Paul de Gruchy as a Director 5

Mgmt ForForForYesReelect David Pirouet as a Director 6

Mgmt ForForForYesElect Michael Gray as a Director 7

Mgmt ForForForYesElect Julia Chapman as a Director 8

Mgmt ForForForYesAppoint KPMG Channel Islands Jersey Limited as Auditors

9

Mgmt ForForForYesAuthorize the Audit Committee to Fix Remuneration of Auditors

10

Mgmt ForForForYesAuthorise Issuance of Shares without Pre-emptive Rights Pursuant to the Existing Placing Programme and by Way of Rights Issue

11

Mgmt ForForForYesApprove Share Repurchase Program 12




Pioneer Food Group Ltd





Primary Security ID: S6279F107

Ticker: PFG

Primary CUSIP: N/A Primary ISIN: ZAE000118279 Primary SEDOL: B2QZG93


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Authorise Specific Repurchase of Shares Held by the Pioneer Aandele Aansporingstrust







Primary Security ID: S6279F107

Ticker: PFG

Primary CUSIP: N/A Primary ISIN: ZAE000118279 Primary SEDOL: B2QZG93


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Reappoint PricewaterhouseCoopers Incorporated as Auditors of the Company and Appoint Duncan Adriaans as the Individual Auditor and Authorise Their Remuneration



Mgmt ForForForYesRe-elect Nonhlanhla Mjoli-Mncube as Director 3

Mgmt ForForForYesRe-elect Zitulele Combi as Director 4

Mgmt AgainstAgainstForYesRe-elect Matthys du Toit as Director 5

Mgmt ForForForYesElect Norman Thomson as Director 6

Mgmt ForForForYesElect Petrus Mouton as Director 7

Mgmt ForForForYesElect Sango Ntsaluba as Director 8

Mgmt ForForForYesRe-elect Andile Sangqu as Member of the Audit Committee

9

Mgmt ForForForYesRe-elect Lambert Retief as Member of the Audit Committee

10

Mgmt ForForForYesRe-elect Nonhlanhla Mjoli-Mncube as Member of the Audit Committee

11

Mgmt ForForForYesElect Norman Thomson as Member of the Audit Committee

12







Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Non-executive Directors' Remuneration

14

Mgmt ForForForYesApprove Financial Assistance in Terms of Section 45 of the Companies Act

15


16


Tritax Big Box REIT plc






Ticker: BBOX

Primary CUSIP: N/A Primary ISIN: GB00BG49KP99 Primary SEDOL: BG49KP9


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAuthorise Issue of Equity without Pre-emptive Rights Pursuant to the Capital Raising

2




Country: Isle of Man


Primary Security ID: G7419H113

Ticker: RDI

Primary CUSIP: G96238103 Primary ISIN: IM00B8BV8G91 Primary SEDOL: B8BV8G9


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt AgainstAgainstForYesAuthorise Issue of Equity without Pre-emptive Rights Pursuant to the Capital Raising

2

Mgmt AgainstAgainstForYesApprove Waiver on Tender-Bid Requirement 3

Mgmt ForForForYesApprove the Related Party Transaction 4




Reunert Ltd






Ticker: RLO



Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesElect Phuti Mahanyele as Director 1

Mgmt ForForForYesElect Mohini Moodley as Director 2

Mgmt ForForForYesElect Nick Thomson as Director 3

Mgmt ForForForYesRe-elect Sean Jagoe as Director 4

Mgmt ForForForYesRe-elect Sarita Martin as Director 5

Mgmt ForForForYesRe-elect Thandi Orleyn as Director 6

Mgmt ForForForYesRe-elect Brand Pretorius as Director 7

Mgmt ForForForYesRe-elect Mark Taylor as Director 8

Mgmt ForForForYesRe-elect Rynhardt van Rooyen as Member of the Audit Committee

9

Mgmt ForForForYesRe-elect Tasneem Abdool-Samad as Member of the Audit Committee

10

Mgmt ForForForYesElect Phuti Mahanyele as Member of the Audit Committee

11

Mgmt ForForForYesRe-elect Sarita Martin as Member of the Audit Committee

12

Mgmt ForForForYesReappoint Deloitte & Touche as Auditors of the Company and Appoint JAR Welch as the Individual Designated Auditor and Authorise Their Remuneration

13


Mgmt ForForForYesApprove Resolutions or Agreements of Executive Directors and Prescribed Officers in Contravention of Section 75 of Companies Act but Only to the Extent that the Relevant Resolutions or Agreements Fell Within the Ambit of Section 75 of Companies Act

15

Mgmt AgainstAgainstForYesApprove Issue of Shares in Terms of the Reunert 1985 Share Option Scheme, Reunert 1988 Share Purchase Scheme and the Reunert 2006 Share Option Scheme

16





Reunert Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Remuneration of Non-Executive Directors

18

Mgmt ForForForYesApprove Fees of Non-Executive Directors for Ad Hoc Assignments

19

Mgmt ForForForYesApprove Financial Assistance to Related or Inter-related Company

20

Mgmt AgainstAgainstForYesApprove Share Matching Plan 2015 21


22

Ascendas Real Estate Investment Trust


Record Date:

Country: Singapore


Primary Security ID: Y0205X103

Ticker: A17U

Primary CUSIP: Y0205X103 Primary ISIN: SG1M77906915 Primary SEDOL: 6563875


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Proposed Acquisition of One@Changi City Together with the Plant and Equipment Therein


Mgmt ForForForYesApprove Issuance of New Units as Partial Consideration for the Proposed Acquisition

2

MedicX Fund Ltd



Country: Guernsey



Ticker: MXF

Primary CUSIP: G5958T100 Primary ISIN: GG00B1DVQL92 Primary SEDOL: B1DVQL9


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Reappoint KPMG LLP as Auditors Mgmt Yes For For For


2


3




MedicX Fund Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Dividend Policy 4


Mgmt ForForForYesRe-elect Shelagh Mason as Director 6

Mgmt ForForForYesRe-elect John Hearle as Director 7

Mgmt ForForForYesRe-elect Stephen Le Page as Director 8

Mgmt ForForForYesRe-elect David Staples as Director 9

Mgmt ForForForYesAmend the Investment Policy of the Company 10


11



13

The Berkeley Group Holdings plc






Ticker: BKG

Primary CUSIP: G1191G120 Primary ISIN: GB00B02L3W35 Primary SEDOL: B02L3W3


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend 2011 Long Term Incentive Plan Mgmt Yes For Against For


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesAmend 2011 Long Term Incentive Plan 1

Tiger Brands Ltd






Ticker: TBS

Primary CUSIP: S84594142 Primary ISIN: ZAE000071080 Primary SEDOL: B0J4PP2




Tiger Brands Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Present the Report from the Social, Ethics and Transformation Committee

Mgmt No

Mgmt NoAccept Financial Statements and Statutory Reports for the Year Ended 30 September 2015

2.1

Mgmt ForForForYesElect Michael Ajukwu as Director 2.2.1

Mgmt ForForForYesElect Yunus Suleman as Director 2.2.2

Mgmt ForForForYesElect Noel Doyle as Director 2.2.3

Mgmt ForForForYesRe-elect Santie Botha as Director 2.3.1

Mgmt ForForForYesRe-elect Mark Bowman as Director 2.3.2

Mgmt ForForForYesRe-elect Khotso Mokhele as Director 2.3.3

Mgmt ForForForYesRe-elect Clive Vaux as Director 2.3.4

Mgmt ForForForYesApprove Remuneration Policy 2.4

Mgmt ForForForYesRe-elect Rob Nisbet as Member of Audit Committee

2.5.1

Mgmt ForForForYesRe-elect Khotso Mokhele as Member of Audit Committee

2.5.2

Mgmt ForForForYesElect Yunus Suleman as Member of Audit Committee

2.5.3

Mgmt ForForForYesReappoint Ernst & Young Inc as Auditors of the Company

2.6


2.7

Mgmt ForForForYesApprove Financial Assistance to Related and Inter-related Parties

3.1

Mgmt ForForForYesApprove Remuneration Payable to Non-executive Directors

3.2.1

Mgmt ForForForYesApprove Remuneration Payable to the Chairman

3.2.2

Mgmt ForForForYesApprove Remuneration Payable to the Deputy Chairman

3.2.3

Mgmt ForForForYesApprove Remuneration Payable to Non-executive Directors who Participate in the Sub-committees of the Board

3.3

Mgmt ForForForYesApprove Remuneration Payable to Non-executive Directors in Respect of Unscheduled Meetings and Additional Work Undertaken

3.4




Tiger Brands Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAuthorise Repurchase of Issued Share Capital 3.5

Tsingtao Brewery Co., Ltd.



Country: China



Ticker: 168

Primary CUSIP: Y8997D110 Primary ISIN: CNE0000009Y3 Primary SEDOL: 6902854


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesElect Yu Zeng Biao as Director 1

Axiata Group Berhad



Country: Malaysia



Ticker: AXIATA

Primary CUSIP: Y0488A101 Primary ISIN: MYL6888OO001 Primary SEDOL: B2QZGV5


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Acquisition of the Entire Issued and Paid-Up Capital of Reynolds Holdings Ltd Which in Turn Holds 80.0 Percent Equity Interest in Ncell Ovt. Ltd.


Kuala Lumpur Kepong Berhad



Country: Malaysia



Ticker: KLK

Primary CUSIP: Y47153104 Primary ISIN: MYL2445OO004 Primary SEDOL: 6497446




Kuala Lumpur Kepong Berhad


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Final Dividend Mgmt Yes For For For

Mgmt ForForForYesElect Roy Lim Kiam Chye as Director 2

Mgmt ForForForYesElect Azlan Bin Mohd Zainol as Director 3

Mgmt ForForForYesElect R. M. Alias as Director 4

Mgmt ForForForYesElect Kwok Kian Hai as Director 5

Mgmt ForForForYesApprove Remuneration of Directors 6

Mgmt ForForForYesApprove Auditors and Authorize Board to Fix Their Remuneration

7

Mgmt ForForForYesAuthorize Share Repurchase Program 8

Mgmt ForForForYesApprove Implementation of Shareholders' Mandate for Recurrent Related Party Transactions

9

New World China Land Ltd.


Record Date:




Ticker: 917

Primary CUSIP: G6493A101 Primary ISIN: KYG6493A1013 Primary SEDOL: 6163929


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Guiyang SP Agreement and Related Transactions


Mgmt ForForForYesApprove Chengdu SP Agreement and Related Transactions

2

New World Development Co. Ltd.


Record Date:

Country: Hong Kong



Ticker: 17







Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Guiyang SP Agreement and Related Transactions


Mgmt ForForForYesApprove Chengdu SP Agreement and Related Transactions

2

BH Macro Ltd



Country: Guernsey



Ticker: BHMG

Primary CUSIP: G12583129 Primary ISIN: GG00B1NP5142 Primary SEDOL: B1NP514


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Share Repurchase Program Mgmt Yes For For For

Blackrock North American Income Trust plc






Ticker: BRNA

Primary CUSIP: N/A Primary ISIN: GB00B7W0XJ61 Primary SEDOL: B7W0XJ6


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesApprove the Company's Dividend Policy 3

Mgmt ForForForYesRe-elect Andrew Irvine as Director 4


5

Mgmt ForForForYesAuthorise the Audit and Management Engagement Committee to Fix Remuneration of Auditors

6




Blackrock North American Income Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


7



9


10


Geely Automobile Holdings Ltd.


Record Date:



Primary Security ID: G3777B103

Ticker: 175

Primary CUSIP: G3777B103 Primary ISIN: KYG3777B1032 Primary SEDOL: 6531827


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Volvo Financing Arrangements, Annual Caps and Related Transactions


Kunlun Energy Company Ltd



Country: Bermuda



Ticker: 00135

Primary CUSIP: G2237F126 Primary ISIN: BMG5320C1082 Primary SEDOL: 6340078


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Acquisition Agreement and Related Transactions


Mgmt ForForForYesApprove Continuing Connected Transactions Arising from the Acquisition

2




Oceana Group Ltd.






Ticker: OCE



Votable Proposal

VotingPolicy Rec

Vote Instruction

1.1 Re-elect Alethea Conrad as Director Mgmt Yes For For For

Mgmt ForForForYesRe-elect Peter de Beyer as Director 1.2

Mgmt ForForForYesRe-elect Takula Tapela as Director 1.3

Mgmt ForForForYesRe-elect Imraan Soomra as Director 1.4

Mgmt ForForForYesReappoint Deloitte & Touche as Auditors of the Company

2

Mgmt ForForForYesRe-elect Zarina Bassa as Member of the Audit Committee

3.1

Mgmt ForForForYesRe-elect Peter de Beyer as Member of the Audit Committee

3.2

Mgmt ForForForYesRe-elect Saamsoodein Pather as Member of the Audit Committee

3.3


Mgmt AgainstAgainstForYesApprove Financial Assistance to Related or Inter-related Companies and Others

5

Mgmt ForForForYesApprove Remuneration of Non-Executive Directors

6


Mgmt ForForForYesApprove Decrease in Number of Authorised Shares of the Company

8.1

Mgmt ForForForYesAmend Memorandum of Incorporation 8.2


9

Redefine Properties Ltd





Primary Security ID: S6815L196

Ticker: RDF

Primary CUSIP: S6814U106 Primary ISIN: ZAE000190252 Primary SEDOL: BMP3858




Redefine Properties Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesAccept Financial Statements and Statutory Reports for the Year Ended 31 August 2015

1

Mgmt ForForForYesElect Marius Barkhuysen as Director 2

Mgmt ForForForYesElect Ntombi Langa-Royds as Director 3

Mgmt ForForForYesElect Phumzile Langeni as Director 4

Mgmt ForForForYesRe-elect Harish Mehta as Director 5

Mgmt ForForForYesRe-elect Bernie Nackan as Director 6

Mgmt ForForForYesRe-elect Gunter Steffens as Director 7

Mgmt ForForForYesRe-elect David Nathan as Chairman of the Audit and Risk Committee

8.1

Mgmt ForForForYesRe-elect Bernard Nackan as Member of the Audit and Risk Committee

8.2

Mgmt ForForForYesRe-elect Gunter Steffens as Member of the Audit and Risk Committee

8.3

Mgmt ForForForYesAppoint KPMG as Auditors of the Company and G Kolbe as the Individual Registered Auditor and Authorise Their Remuneration

9


10


Mgmt ForForForYesAuthorise Directors to Issue Shares Pursuant to a Reinvestment Option

12




Mgmt ForForForYesApprove Financial Assistance to Related and Inter-related Parties

2


EOH Holdings Limited





Primary Security ID: S2593K104

Ticker: EOH

Primary CUSIP: S2593K104 Primary ISIN: ZAE000071072 Primary SEDOL: 6126773




EOH Holdings Limited


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesAccept Financial Statements and Statutory Reports for the Year Ended 31 July 2015

1

Mgmt ForForForYesRe-elect Sandile Zungu as Director 2.1

Mgmt ForForForYesRe-elect Tshilidzi Marwala as Director 2.2

Mgmt ForForForYesRe-elect Danny Mackay as Director 2.3

Mgmt ForForForYesRe-elect Robert Sporen as Chairman of the Audit Committee

3.1

Mgmt ForForForYesRe-elect Lucky Khumalo as Member of the Audit Committee

3.2

Mgmt ForForForYesRe-elect Tshilidzi Marwala as Member of the Audit Committee

3.3

Mgmt ForForForYesRe-elect Tebogo Skwambane as Member of the Audit Committee

3.4

Mgmt ForForForYesReappoint Mazars (Gauteng) Inc as Auditors of the Company

4


5



Mgmt ForForForYesApprove Remuneration of Non-executive Directors

1



3.1


3.2

Grupo Financiero Banorte S.A.B. de C.V.



Country: Mexico



Ticker: GFNORTE O

Primary CUSIP: P49501201 Primary ISIN: MXP370711014 Primary SEDOL: 2421041




Grupo Financiero Banorte S.A.B. de C.V.


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Cash Dividends 1


2

Hikma Pharmaceuticals plc





Primary Security ID: G4576K104

Ticker: HIK

Primary CUSIP: G4576K104 Primary ISIN: GB00B0LCW083 Primary SEDOL: B0LCW08


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Acquisition of Boehringer Ingelheim Roxane Inc. and Roxane Laboratories Inc.


Mgmt ForForForYesAuthorise Issue of Equity in Connection with the Acquisition

2

Mgmt ForForForYesAuthorise Off-Market Purchase of Shares on the Terms of the Contract

3

Sands China Ltd.






Ticker: 1928

Primary CUSIP: G7800X107 Primary ISIN: KYG7800X1079 Primary SEDOL: B5B23W2


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Amendment of the Terms of the Equity Award Plan of the Company





OSG Corp. (6136)



Country: Japan



Ticker: 6136



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAmend Articles to Amend Business Lines - Adopt Board Structure with Audit Committee - Authorize Directors to Execute Day to Day Operations without Full Board Approval - Increase Maximum Board Size - Indemnify Directors

2

Mgmt ForForForYesElect Director Osawa, Teruhide 3.1

Mgmt ForForForYesElect Director Ishikawa, Norio 3.2

Mgmt ForForForYesElect Director Sakurai, Masatoshi 3.3

Mgmt ForForForYesElect Director Sonobe, Koji 3.4

Mgmt ForForForYesElect Director Endo, Toru 3.5

Mgmt ForForForYesElect Director Osawa, Nobuaki 3.6

Mgmt ForForForYesElect Director Hayasaka, Tetsuro 3.7

Mgmt ForForForYesElect Director Osawa, Jiro 3.8

Mgmt ForForForYesElect Director Yoshizaki, Toshitaka 3.9

Mgmt ForForForYesElect Director Osawa, Hideaki 3.10

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Nakagawa, Takeo

4.1

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Osawa, Gohei

4.2

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Kato, Koji

4.3

Mgmt ForForForYesElect Director and Audit Committee Member Omori, Hiroyuki

4.4

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Ono, Kyoshiro

4.5

Mgmt ForForForYesElect Director and Audit Committee Member Sakaki, Yoshiyuki

4.6


5




OSG Corp. (6136)


Votable Proposal

VotingPolicy Rec

Vote Instruction


6

Mgmt ForForForYesApprove Annual Bonus Payment to Directors and Statutory Auditors

7

BlackRock Income Strategies Trust plc






Ticker: BIST



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesApprove the Company's Dividend Policy 3

Mgmt ForForForYesRe-elect Jim Grover as Director 4

Mgmt ForForForYesRe-elect Ian Russell as Director 5

Mgmt ForForForYesRe-elect James Long as Director 6

Mgmt ForForForYesRe-elect Jimmy West as Director 7


Mgmt ForForForYesElect Julian Sinclair as Director 9



11


12


13


Mgmt ForForForYesApprove Tender Offer 15




Korea Electric Power Corp.






Ticker: A015760



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Cho Hwan-ik as Inside Director Mgmt Yes For For For

Alpek S.A.B. de C.V.



Country: Mexico



Ticker: ALPEK A

Primary CUSIP: N/A Primary ISIN: MX01AL0C0004 Primary SEDOL: B85H8C9


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Financial Statements and Statutory Reports


Mgmt ForForForYesApprove Allocation of Income and Cash Dividends; Approve Maximum Amount for Repurchase of Shares

2

Mgmt AgainstAgainstForYesElect Directors and Chairmen of Audit and Corporate Practices Committees; Fix Their Remuneration

3

Mgmt ForForForYesAppoint Legal Representatives 4

Mgmt ForForForYesApprove Minutes of Meeting 5

Aristocrat Leisure Ltd.



Country: Australia


Primary Security ID: Q0521T108

Ticker: ALL

Primary CUSIP: Q0521T108 Primary ISIN: AU000000ALL7 Primary SEDOL: 6253983




Aristocrat Leisure Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect ID Blackburne as Director Mgmt Yes For For For

Mgmt ForForForYesElect SW Morro as Director 2

Mgmt ForForNoneYesApprove the Increase in Maximum Aggregate Remuneration of Non-Executive Directors

3

Mgmt ForForForYesApprove the Issuance of Performance Share Rights to JR Odell, Chief Executive Officer and Managing Director of the Company

4

Mgmt ForForForYesApprove the Remuneration Report 5

BlueCrest AllBlue Fund Limited



Country: Guernsey


Primary Security ID: G1340J157

Ticker: BABS

Primary CUSIP: G1340J157 Primary ISIN: GB00B13YVW48 Primary SEDOL: B13YVW4


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Adopt New Articles of Incorporation; Approve New Investment Policy


BlueCrest AllBlue Fund Limited



Country: Guernsey


Primary Security ID: G1340J157

Ticker: BABS

Primary CUSIP: G1340J157 Primary ISIN: GB00B13YVW48 Primary SEDOL: B13YVW4


Votable Proposal

VotingPolicy Rec

Vote Instruction

Sterling Class Meeting Mgmt No





China Cinda Asset Management Co., Ltd.



Country: China


Primary Security ID: Y1R34V103

Ticker: 1359

Primary CUSIP: N/A Primary ISIN: CNE100001QS1 Primary SEDOL: BGY6SV2


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve SPA and Related Transactions Mgmt Yes For For For

Mgmt ForForForYesApprove Capital Injection to China Cinda (HK) Holdings Company Limited

2

Mgmt ForForForYesApprove 2014 Remuneration Settlement Scheme for Directors

3

Mgmt ForForForYesApprove 2014 Remuneration Settlement Scheme for Supervisors

4

Dalian Port (PDA) Co., Ltd.



Country: China


Primary Security ID: Y1R69D101

Ticker: 2880

Primary CUSIP: G2739Z109 Primary ISIN: CNE1000002Y6 Primary SEDOL: B12YMD3


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt AgainstAgainstForYesElect Wei Minghui as Director and Authorize Board to Fix His Remuneration

1

Liontrust Asset Management plc






Ticker: LIO

Primary CUSIP: G5498A108 Primary ISIN: GB0007388407 Primary SEDOL: 0738840


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Remuneration Policy Mgmt Yes For For For




Liontrust Asset Management plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Long Term Incentive Plan and the Grant of Nil-price Options under the LTIP

2

Nemak S.A.B. de C.V.



Country: Mexico



Ticker: NEMAK A

Primary CUSIP: N/A Primary ISIN: MX01NE000001 Primary SEDOL: BYQ32R1


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesApprove Allocation of Income and Cash Dividends; Approve Maximum Amount for Repurchase of Shares

2

Mgmt AgainstAgainstForYesElect Directors and Chairmen of Audit and Corporate Practices Committees; Fix Their Remuneration

3

Mgmt ForForForYesAppoint Legal Representatives 4


Sichuan Expressway Company Ltd.



Country: China



Ticker: 107

Primary CUSIP: Y79325109 Primary ISIN: CNE100000494 Primary SEDOL: 6055877


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Construction Framework Agreement A, Annual Cap and Related Transactions

1

Mgmt ForForForYesApprove Construction Framework Agreement B, Annual Cap and Related Transactions

2

Mgmt ForForForYesApprove Purchase Framework Agreement, Annual Cap and Related Transactions

3




Sichuan Expressway Company Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Issuance of Non-financial Corporate Debt Financing Instruments and Related Transactions

4

Zee Entertainment Enterprises Ltd.



Country: India



Ticker: ZEEL

Primary CUSIP: Y98893152 Primary ISIN: INE256A01028 Primary SEDOL: 6188535


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Appointment and Remuneration of Amit Goenka as Chief Executive Officer of Asia Today Ltd, Mauritius

1

Mgmt AgainstAgainstForYesApprove Pledging of Assets for Debt 2

China Petroleum & Chemical Corp.



Country: China



Ticker: 386

Primary CUSIP: Y15010104 Primary ISIN: CNE1000002Q2 Primary SEDOL: 6291819


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt AgainstAgainstForYesElect Ma Yongsheng as Director 1

Mgmt ForForForYesApprove Provision of Completion Guarantee for Zhongtian Hechuang Energy Co. Ltd.

2




Home Retail Group plc






Ticker: HOME

Primary CUSIP: G4581D103 Primary ISIN: GB00B19NKB76 Primary SEDOL: B19NKB7


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Disposal of Homebase Group Mgmt Yes For For For

Jiangsu Expressway Co. Ltd.



Country: China


Primary Security ID: Y4443L103

Ticker: 177

Primary CUSIP: Y4443L103 Primary ISIN: CNE1000003J5 Primary SEDOL: 6005504


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt NoELECT 1 NON-EXECUTIVE DIRECTOR AND 1 EXECUTIVE DIRECTOR VIA CUMULATIVE VOTING

Mgmt ForForForYesElect Chang Qing as Director 1.01

Mgmt ForForForYesElect Shang Hong as Director 1.02

Mgmt NoELECT SUPERVISORS VIA CUMULATIVE VOTING

Mgmt ForForForYesElect Chen Xianghui as Supervisor 2.01

Mgmt ForForForYesElect Pan Ye as Supervisor 2.02

Mgmt ForForForYesElect Ren Zhou Hua as Supervisor 2.03

Powszechna Kasa Oszczednosci Bank Polski S.A.



Country: Poland


Primary Security ID: X6919X108

Ticker: PKO

Primary CUSIP: X6919X108 Primary ISIN: PLPKO0000016 Primary SEDOL: B03NGS5




Powszechna Kasa Oszczednosci Bank Polski S.A.


Votable Proposal

VotingPolicy Rec

Vote Instruction







Mgmt ForForForYesAmend Statute Re: Board-Related 6


Sany Heavy Equipment International Holdings Co., Ltd.






Ticker: 631

Primary CUSIP: G78163105 Primary ISIN: KYG781631059 Primary SEDOL: B56HH42


Votable Proposal

VotingPolicy Rec

Vote Instruction

1a Approve Supplemental Master Purchase Agreement (2016) and Related Transactions


Mgmt ForForForYesApprove the Cap under Supplemental Master Purchase Agreement (2016)

1b

Mgmt ForForForYesApprove Supplemental Products Sales Agreement (2016) and Related Transactions

2a

Mgmt ForForForYesApprove the Cap under Supplemental Products Sales Agreement (2016)

2b

Sinofert Holdings Ltd.



Country: Bermuda



Ticker: 297

Primary CUSIP: G8403G103 Primary ISIN: BMG8403G1033 Primary SEDOL: B0CJMD1




Sinofert Holdings Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Fertilizer Sales Co-operation Framework Agreement and Related Annual Caps


Mgmt ForForForYesApprove Sulphur Import Framework Agreement and Related Annual Caps

2

The Bankers Investment Trust plc






Ticker: BNKR



Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Richard Killingbeck as Director 4

Mgmt ForForForYesRe-elect Julian Chillingworth as Director 5

Mgmt ForForForYesRe-elect Susan Inglis as Director 6

Mgmt ForForForYesRe-elect Matthew Thorne as Director 7

Mgmt AgainstAgainstForYesRe-elect David Wild as Director 8



10


11


12



14




Zoopla Property Group plc






Ticker: ZPLA

Primary CUSIP: N/A Primary ISIN: GB00BMHTHT14 Primary SEDOL: BMHTHT1


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Mike Evans as Director 4

Mgmt ForForForYesRe-elect Alex Chesterman as Director 5

Mgmt ForForForYesRe-elect Stephen Morana as Director 6

Mgmt ForForForYesRe-elect Duncan Tatton-Brown as Director 7

Mgmt ForForForYesRe-elect Sherry Coutu as Director 8

Mgmt ForForForYesRe-elect Robin Klein as Director 9

Mgmt ForForForYesRe-elect Grenville Turner as Director 10

Mgmt ForForForYesRe-elect Stephen Daintith as Director 11

Mgmt ForForForYesRe-elect David Dutton as Director 12

Mgmt ForForForYesElect Vin Murria as Director 13

Mgmt ForForForYesReappoint Deloitte as Auditors 14


15


16


17


18


Votable Proposal

VotingPolicy Rec

Vote Instruction


1





Zoopla Property Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesRe-elect Mike Evans as Director 4

Mgmt ForForForYesRe-elect Alex Chesterman as Director 5

Mgmt ForForForYesRe-elect Stephen Morana as Director 6

Mgmt ForForForYesRe-elect Duncan Tatton-Brown as Director 7

Mgmt ForForForYesRe-elect Sherry Coutu as Director 8

Mgmt ForForForYesRe-elect Robin Klein as Director 9

Mgmt ForForForYesRe-elect Grenville Turner as Director 10

Mgmt ForForForYesRe-elect Stephen Daintith as Director 11

Mgmt ForForForYesRe-elect David Dutton as Director 12

Mgmt ForForForYesElect Vin Murria as Director 13

Mgmt ForForForYesReappoint Deloitte as Auditors 14


15


16


17


18

Datang International Power Generation Co. Ltd



Country: China



Ticker: 991

Primary CUSIP: Y20020106 Primary ISIN: CNE1000002Z3 Primary SEDOL: 6080716


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Term Extension of Framework Agreement of Sale of Natural Gas

1.1

Mgmt ForForForYesApprove Term Extension of Sale and Purchase Contract of Chemical Products (Keqi)

1.2




Datang International Power Generation Co. Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Term Extension of Sale and Purchase Contract of Chemical Products (Duolun)

1.3

Mgmt AgainstAgainstForYesApprove Provision of Guarantee to Certain Entities of the Company

2

Mgmt AgainstAgainstForYesApprove RMB6 Billion Entrusted Loans Under the Entrusted Loan Framework Agreement (Duolun) to Duolun Coal Chemical Company

3.1

Mgmt AgainstAgainstForYesApprove RMB4 Billion Entrusted Loans Under the Entrusted Loan Framework Agreement (Renewable Resource) to Renewable Resource Company

3.2

Mgmt AgainstAgainstForYesApprove RMB160 Million Entrusted Loans Under the Entrusted Loan Agreement to Renewable Resource Company

3.3

Mgmt AgainstAgainstForYesApprove RMB100 Million Entrusted Loans Under the Entrusted Loan Agreement to Renewable Resource Company

3.4

Mgmt AgainstAgainstForYesApprove RMB1.1 Billion Entrusted Loans Under the Entrusted Loan Agreement to Renewable Resource Company

3.5

Mgmt ForForForYesApprove Purchase of Coal Under the Coal Purchase and Sale Framework Agreement (Beijing) and Annual Cap

4.1

Mgmt ForForForYesApprove Purchase of Coal Under the Coal Purchase and Sale Framework Agreement (Inner Mongolia) and Annual Cap

4.2

Mgmt ForForForYesApprove Purchase of Coal Under the Coal Purchase and Sale Framework Agreement (Chaozhou) and Annual Cap

4.3

Mgmt ForForForYesApprove Engagement of China National Water Resources & Electric Power Materials & Equipment Co., Ltd. for Centralized Purchase of Project Construction Materials in 2016

5

Mgmt ForForForYesElect Zhu Shaowen as Director 6.1

Mgmt ForForForYesApprove Resignation of Yang Wenchun as Director

6.2

SH ForForNoneYesApprove Provisions for Asset Impairment 7

Kewpie Corp.



Country: Japan



Ticker: 2809





Kewpie Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles to Clarify Director Authority on Shareholder Meetings - Amend Provisions on Director Titles - Clarify Director Authority on Board Meetings


Mgmt ForForForYesElect Director Miyake, Minesaburo 2.1

Mgmt ForForForYesElect Director Nakashima, Amane 2.2

Mgmt ForForForYesElect Director Katsuyama, Tadaaki 2.3

Mgmt ForForForYesElect Director Wada, Yoshiaki 2.4

Mgmt ForForForYesElect Director Furutachi, Masafumi 2.5

Mgmt ForForForYesElect Director Hyodo, Toru 2.6

Mgmt ForForForYesElect Director Takemura, Shigeki 2.7

Mgmt ForForForYesElect Director Inoue, Nobuo 2.8

Mgmt ForForForYesElect Director Chonan, Osamu 2.9

Mgmt ForForForYesElect Director Saito, Kengo 2.10

Mgmt ForForForYesElect Director Hemmi, Yoshinori 2.11

Mgmt ForForForYesElect Director Uchida, Kazunari 2.12

Mgmt ForForForYesElect Director Urushi, Shihoko 2.13

Mgmt ForForForYesAppoint Statutory Auditor Tarui, Sumio 3

Mgmt ForForForYesApprove Annual Bonus Payment to Directors 4

State Bank Of India


Record Date:

Country: India


Primary Security ID: Y8155P103

Ticker: 500112

Primary CUSIP: Y8161Z129 Primary ISIN: INE062A01020 Primary SEDOL: BSQCB24


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights





Zhaojin Mining Industry Co., Ltd.



Country: China



Ticker: 1818

Primary CUSIP: Y988A6104 Primary ISIN: CNE1000004R6 Primary SEDOL: B1H5082


Votable Proposal

VotingPolicy Rec

Vote Instruction

1a Elect Weng Zhanbin as Director SH Yes For For For

SH ForForForYesElect Li Xiuchen as Director 1b

SH ForForForYesElect Cong Jianmao as Director 1c

SH AgainstAgainstForYesElect Liang Xinjun as Director 1d

SH ForForForYesElect Li Shoushen as Director 1e

SH ForForForYesElect Xu Xiaoliang as Director 1f

SH ForForForYesElect Gao Min as Director 1g

SH ForForForYesElect Chen Jinrong as Director 1h

SH ForForForYesElect Choy Sze Chung Jojo as Director 1i

SH ForForForYesElect Wei Junhao as Director 1j

SH ForForForYesElect Shen Shifu as Director 1k

SH ForForForYesElect Wang Xiaojie as Supervisor 2a

SH ForForForYesElect Jin Ting as Supervisor 2b

Mgmt ForForForYesApprove Remuneration Package for Directors and Supervisors

3

Gome Electrical Appliances Holdings Ltd



Country: Bermuda



Ticker: 493

Primary CUSIP: G3978C124 Primary ISIN: BMG3978C1249 Primary SEDOL: B01Z8S7


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve the 2016 Master Merchandise Purchase Agreement and the Annual Caps


Mgmt ForForForYesApprove the 2016 Master Merchandise Supply Agreement and the Annual Caps

2




Mobile Telesystems PJSC



Country: Russia


Primary Security ID: 607409109

Ticker: MBT

Primary CUSIP: 607409109 Primary ISIN: RU0007775219 Primary SEDOL: B59FPS3


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Meeting Procedures Mgmt Yes For For For

Mgmt ForForForYesApprove Reorganization via Acquisition of Subsidiary

2

Mgmt ForForForYesAmend Charter 3

Samsung Fine Chemicals Co. Ltd.





Primary Security ID: Y7472W106

Ticker: A004000



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Financial Statements and Allocation of Income



Mgmt ForForForYesElect Two Inside Directors, One Outside Director, and One Non-independent Non-executive Director (Bundled)

3

Mgmt ForForForYesAppoint Kim Byeong-hong as Internal Auditor 4

Mgmt ForForForYesApprove Total Remuneration of Inside Directors and Outside Directors

5

Mgmt ForForForYesAuthorize Board to Fix Remuneration of Internal Auditor(s)

6

Union National Bank PJSC



Country: United Arab Emirates


Primary Security ID: M9396C102

Ticker: UNB

Primary CUSIP: M9396C102 Primary ISIN: AEU000401015 Primary SEDOL: 6917847




Union National Bank PJSC


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Board Report on Company Operations for FY Ended on Dec. 31, 2015

1


2

Mgmt ForForForYesAccept Consolidated Financial Statements and Statutory Reports for FY Ended on Dec. 31, 2015

3

Mgmt ForForForYesApprove Dividends of AED 0.2 per Share Representing 20 Percent of the Issued Share Capital

4


Mgmt ForForForYesApprove Discharge of Directors for FY Ended on Dec. 31, 2015

6

Mgmt ForForForYesApprove Discharge of Auditors for FY Ended on Dec. 31, 2015

7


8

Mgmt NoExtraordinary Business

Mgmt ForForForYesAmend Bylaws to Comply with Federal Law No. 2/2015 Re: MEMART Amendments

9

Zhuzhou CSR Times Electric Co Ltd



Country: China



Ticker: 3898

Primary CUSIP: Y9892N104 Primary ISIN: CNE1000004X4 Primary SEDOL: B1L3XL6


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Change English Name and Chinese Name Mgmt Yes For For For





Aberforth Smaller Companies Trust plc





Primary Security ID: G8198E107

Ticker: ASL

Primary CUSIP: G8198E107 Primary ISIN: GB0000066554 Primary SEDOL: 0006655


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesApprove Special and Final Dividends 3

Mgmt ForForForYesRe-elect Paul Trickett as Director 4

Mgmt ForForForYesRe-elect David Jeffcoat as Director 5

Mgmt ForForForYesRe-elect Richard Rae as Director 6

Mgmt ForForForYesRe-elect Julia Le Blan as Director 7

Mgmt ForForForYesRe-elect Paula Hay-Plumb as Director 8



10


Abu Dhabi Commercial Bank PJSC





Primary Security ID: M0152Q104

Ticker: ADCB

Primary CUSIP: M0152Q104 Primary ISIN: AEA000201011 Primary SEDOL: 6545464


Votable Proposal

VotingPolicy Rec

Vote Instruction



1


2


3




Abu Dhabi Commercial Bank PJSC


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Dividends Representing 45 Percent of the Share Capital in Cash for FY 2015

4


5


6


7


8

Mgmt AgainstAgainstForYesElect Directors (Bundled) 9

Mgmt ForForForYesAllow Mohamed Al Dhaheri to Be Involved with Other Companies

10

Mgmt ForForForYesApprove Standard Accounting Transfers Re: Cease Transfers to Legal Reserve

11


Mgmt AgainstAgainstForYesAmend Bylaws and Articles of Association to Comply with Provisions of Federal Law

12

Mgmt ForForForYesApprove Charitable Donations 13

Dubai Islamic Bank PJSC





Primary Security ID: M2888J107

Ticker: DIB

Primary CUSIP: M2888J107 Primary ISIN: AED000201015 Primary SEDOL: 6283452


Votable Proposal

VotingPolicy Rec

Vote Instruction



1

Mgmt ForForForYesApprove Shariah Supervisory Board Report for FY Ended on Dec. 31, 2015

2


3

Mgmt ForForForYesApprove Dividends Representing 45 Percent Par Value AED 1,775.5 Million in Cash

4

Mgmt ForForForYesElect Shariah Supervisory Board Members (Bundled)

5




Dubai Islamic Bank PJSC


Votable Proposal

VotingPolicy Rec

Vote Instruction


6


7


8



Mgmt ForForForYesApprove Paid Capital Increase up to the Maximum Amount of AED 988 Million

10.1

Mgmt ForForForYesAuthorize AED 988 Million Share Issuance with a Priority Right for Each Shareholder Entitling to a Maximum of One New share for Every Four Shares Held

10.2

Mgmt ForForForYesApprove Conditions of Issuance: Once or Series of Issuances up to the Maximum of 988 Million Shares

10.3

Mgmt ForForForYesAdopt Authorized Capital up to Twice the Paid up Capital of the Company According to the Law to be up to the Maximum of AED 7.9 Billion

10.4


10.5

Mgmt AgainstAgainstForYesAuthorize Issuance of Non-Convertible Shariah Compliant Tier 1 Bonds Up To USD 750 Million Re: Increase Limit to USD 2.75 Billion

11.1

Mgmt AgainstAgainstForYesApprove Conditions of Bond Issuance Re: Once or Series of Issuances

11.2

Mgmt AgainstAgainstForYesAuthorize Issuance of Bonds/Debentures/Sukuk

12

Mgmt AgainstAgainstForYesAmend Bylaws in Accordance with Commercial Law

13

PGE Polska Grupa Energetyczna SA



Country: Poland


Primary Security ID: X6447Z104

Ticker: PGE

Primary CUSIP: X6447Z104 Primary ISIN: PLPGER000010 Primary SEDOL: B544PW9




PGE Polska Grupa Energetyczna SA


Votable Proposal

VotingPolicy Rec

Vote Instruction






Mgmt ForForForYesResolve Not to Elect Vote Counting Commission

5

Mgmt NoShareholder Proposal




Mgmt AgainstAgainstForYesApprove Decision on Covering Costs of Convocation of General Meeting of Shareholders

7


The Sage Group plc





Primary Security ID: G7771K142

Ticker: SGE

Primary CUSIP: G7771K134 Primary ISIN: GB00B8C3BL03 Primary SEDOL: B8C3BL0


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRe-elect Donald Brydon as Director 3

Mgmt ForForForYesRe-elect Neil Berkett as Director 4


Mgmt ForForForYesRe-elect Steve Hare as Director 6




The Sage Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Jonathan Howell as Director 7

Mgmt ForForForYesRe-elect Stephen Kelly as Director 8

Mgmt ForForForYesRe-elect Inna Kuznetsova as Director 9

Mgmt ForForForYesRe-elect Ruth Markland as Director 10



12




15

Mgmt ForForForYesApprove the Sage Save and Share Plan 16


17



19


Votable Proposal

VotingPolicy Rec

Vote Instruction


1


Mgmt ForForForYesRe-elect Donald Brydon as Director 3

Mgmt ForForForYesRe-elect Neil Berkett as Director 4


Mgmt ForForForYesRe-elect Steve Hare as Director 6

Mgmt ForForForYesRe-elect Jonathan Howell as Director 7

Mgmt ForForForYesRe-elect Stephen Kelly as Director 8

Mgmt ForForForYesRe-elect Inna Kuznetsova as Director 9

Mgmt ForForForYesRe-elect Ruth Markland as Director 10





The Sage Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


12




15

Mgmt ForForForYesApprove the Sage Save and Share Plan 16


17



19

Shanghai Jinqiao Export Processing Zone Development Co., Ltd.



Country: China



Ticker: 900911

Primary CUSIP: Y4443D119 Primary ISIN: CNE000000404 Primary SEDOL: 6802749


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Pledging of Assets 1


Mgmt ForForForYesElect Wang Ying as Non-Independent Director 2.01

Mgmt ForForForYesElect Peng Wangjue as Non-Independent Director

2.02

Mgmt ForForForYesElect Ha Er'man as Non-Independent Director 2.03

Mgmt ForForForYesElect Mao Qiaoli as Non-Independent Director 2.04

Mgmt NoELECT INDEPENDENT DIRECTORS VIA CUMULATIVE VOTING

SH ForForNoneYesElect Lu Xiongwen as Independent Director 3.01

SH ForForNoneYesElect Yu Bin as Independent Director 3.02




JPMorgan Russian Securities plc






Ticker: JRS



Votable Proposal

VotingPolicy Rec

Vote Instruction






Mgmt ForForForYesRe-elect Gillian Nott as Director 5

Mgmt ForForForYesRe-elect Alexander Easton as Director 6

Mgmt ForForForYesRe-elect Robert Jeens as Director 7

Mgmt ForForForYesRe-elect George Nianias as Director 8

Mgmt ForForForYesReappoint Ernst & Young LLP as Auditors and Authorise Their Remuneration

9


10


11


Mgmt ForForForYesApprove Investment Objective and Policies 13

LIC Housing Finance Ltd.



Country: India


Primary Security ID: Y5278Z133

Ticker: LICHSGFIN

Primary CUSIP: Y5278Z117 Primary ISIN: INE115A01026 Primary SEDOL: 6101026


Votable Proposal

VotingPolicy Rec

Vote Instruction






Multiplus SA


Record Date:

Country: Brazil



Ticker: MPLU3

Primary CUSIP: N/A Primary ISIN: BRMPLUACNOR3 Primary SEDOL: B3PRVV4


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Directors Mgmt Yes For Against Against

Samsonite International S.A.



Country: Luxembourg


Primary Security ID: L80308106

Ticker: 1910

Primary CUSIP: N/A Primary ISIN: LU0633102719 Primary SEDOL: B4Q1532


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Reduce Authorized Share Capital and Confirm Validity of Authorized Share Capital


ZTE Corporation



Country: China


Primary Security ID: Y0004F121

Ticker: 000063

Primary CUSIP: Y0004F121 Primary ISIN: CNE000000TK5 Primary SEDOL: 6073062


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt NoELECT NINE NON-INDEPENDENT DIRECTORS VIA CUMULATIVE VOTING

Mgmt ForForForYesElect Shi Lirong as Director 1.1

Mgmt AgainstAgainstForYesElect Zhang Jianheng as Director 1.2

Mgmt ForForForYesElect Luan Jubao as Director 1.3

Mgmt ForForForYesElect Wang Yawen as Director 1.4




ZTE Corporation


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Tian Dongfang as Director 1.5

Mgmt ForForForYesElect Zhan Yichao as Director 1.6

Mgmt AgainstAgainstForYesElect Yin Yimin as Director 1.7

Mgmt ForForForYesElect Zhao Xianming as Director 1.8

Mgmt ForForForYesElect Wei Zaisheng as Director 1.9

Mgmt NoELECT FIVE INDEPENDENT NON-EXECUTIVE DIRECTORS VIA CUMULATIVE VOTING

Mgmt ForForForYesElect Richard Xike Zhang as Director 1.10

Mgmt ForForForYesElect Chen Shaohua as Director 1.11

Mgmt ForForForYesElect Lu Hongbing as Director 1.12

Mgmt ForForForYesElect Bingsheng Teng as Director 1.13

Mgmt ForForForYesElect Zhu Wuxiang as Director 1.14

Mgmt NoELECT TWO SUPERVISORS VIA CUMULATIVE VOTING

Mgmt ForForForYesElect Xu Weiyan as Supervisor 2.1

Mgmt ForForForYesElect Wang Junfeng as Supervisor 2.2

Mgmt AgainstAgainstForYesApprove Provision of Performance Guarantee for ZTE (MALAYSIA) CORPORATION SDN BHD

3

Mgmt ForForForYesApprove Investment in ZTE Changsha Base Project in Changsha Hitech Zone and Execution of the Project Investment Contract

4

Mgmt ForForForYesApprove Investment in ZTE Guangzhou Research Institute Project in Guangzhou and Execution of the Project Cooperation Agreement

5

SH ForForForYesAmend Articles of Association 6

Mechel OAO



Country: Russia



Ticker: MTL

Primary CUSIP: 583840608 Primary ISIN: RU000A0DKXV5 Primary SEDOL: B5960H0




Mechel OAO


Votable Proposal

VotingPolicy Rec

Vote Instruction

Meeting for ADR/GDR Holders Mgmt No

Mgmt Do Not Vote

ReferNoneYesIf You Are an Individual Holder Mark FOR, If You Are a Legal Entity Mark Do Not Vote

A.1

Mgmt Do Not Vote

ReferForYesApprove Early Termination of Powers of Board of Directors

1

Mgmt NoElect Nine Directors by Cumulative Voting

Mgmt Do Not Vote

ReferNoneYesElect Vladimir Gusev as Director 2.1

Mgmt Do Not Vote

ReferNoneYesElect Igor Zyuzin as Director 2.2

Mgmt Do Not Vote

ReferNoneYesElect Yuri Malyshev as Director 2.3

Mgmt Do Not Vote

ReferNoneYesElect Oleg Korzhov as Director 2.4

Mgmt Do Not Vote

ReferNoneYesElect Aleksey Ivanushkin as Director 2.5

Mgmt Do Not Vote

ReferNoneYesElect Vladimir Korovkin as Director 2.6

Mgmt Do Not Vote

ReferNoneYesElect Aleksandr Kotsky as Director 2.7

Mgmt Do Not Vote

ReferNoneYesElect Aleksandr Orishchin as Director 2.8

Mgmt Do Not Vote

ReferNoneYesElect Tigran Khachaturov as Director 2.9

Mgmt Do Not Vote

ReferForYesApprove New Edition of Charter 3

Mgmt Do Not Vote

ReferForYesApprove New Edition of Regulations on General Meetings

4

Mgmt Do Not Vote

ReferForYesApprove New Edition of Regulations on Board of Directors

5

Mgmt Do Not Vote

ReferForYesApprove Related-Party Transactions with PAO VTB Bank

6.1

Mgmt Do Not Vote


6.2

Mgmt Do Not Vote


6.3

Mgmt Do Not Vote


6.4

Mgmt Do Not Vote

ReferForYesApprove Related-Party Transactions with AO Gazprombank

7.1




Mechel OAO


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt Do Not Vote


7.2

Mgmt Do Not Vote


7.3

Mgmt Do Not Vote


7.4

Mgmt Do Not Vote


7.5

Mgmt Do Not Vote


7.6

Mgmt Do Not Vote

ReferForYesApprove Related-Party Transactions with PAO Sberbank

8

Mgmt Do Not Vote

ReferForYesApprove Related-Party Transactions with Syndicate of Banks

9.1

New China Life Insurance Co Ltd.



Country: China



Ticker: 601336

Primary CUSIP: N/A Primary ISIN: CNE1000019Y0 Primary SEDOL: B75FVJ4


Votable Proposal

VotingPolicy Rec

Vote Instruction


SH AgainstAgainstForYesApprove the Amended Proposal on the Issue of 2016 Capital Supplement Bond

1

Mgmt ForForForYesElect Wan Feng as Director 2.1

Mgmt ForForForYesElect Li Zongjian as Director 2.2

Mgmt ForForForYesElect Liu Xiangdong as Director 2.3

Mgmt ForForForYesElect Chen Yuanling as Director 2.4

Mgmt AgainstAgainstForYesElect Wu Kunzong as Director 2.5

Mgmt ForForForYesElect Hu Aimin as Director 2.6

Mgmt ForForForYesElect Dacey John Robert as Director 2.7

Mgmt ForForForYesElect Zhang Guozheng as Director 2.8

Mgmt ForForForYesElect Li Xianglu as Director 2.9

Mgmt ForForForYesElect Neoh Anthony Francis as Director 2.10




New China Life Insurance Co Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Zheng Wei as Director 2.11

Mgmt ForForForYesElect Wang Chengran as Supervisor 3.1

Mgmt ForForForYesElect Liu Zhiyong as Supervisor 3.2

Mgmt ForForForYesElect Lin Chi Fai Desmond as Supervisor 3.3

SH ForForForYesElect Campbell Robert David as Director 4.1

SH ForForForYesElect Fong Chung Mark as Director 4.2

SSP Group plc






Ticker: SSPG

Primary CUSIP: N/A Primary ISIN: GB00BNGWY422 Primary SEDOL: BNGWY42


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Vagn Sorensen as Director 4


Mgmt ForForForYesRe-elect Kate Swann as Director 6

Mgmt ForForForYesRe-elect Jonathan Davies as Director 7

Mgmt ForForForYesRe-elect Ian Dyson as Director 8

Mgmt ForForForYesRe-elect Denis Hennequin as Director 9

Mgmt ForForForYesElect Per Utnegaard as Director 10



12


13


14




SSP Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


15



17

HCL Technologies Ltd.



Country: India

Meeting Type: Court


Ticker: HCLTECH

Primary CUSIP: Y3121G147 Primary ISIN: INE860A01027 Primary SEDOL: 6294896


Votable Proposal

VotingPolicy Rec

Vote Instruction

Court-Ordered Meeting for Shareholders Mgmt No


First Gulf Bank PJSC





Primary Security ID: M4580N105

Ticker: FGB

Primary CUSIP: M4580N105 Primary ISIN: AEF000201010 Primary SEDOL: 6122782


Votable Proposal

VotingPolicy Rec

Vote Instruction



1


2


3

Mgmt ForForForYesApprove Allocation of Income and Dividends of 100 Percent of Share Capital

4




First Gulf Bank PJSC


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Discharge of Directors for FY 2015 6

Mgmt ForForForYesApprove Discharge of Auditors for FY 2015 7

Mgmt AgainstAgainstForYesElect Director 8


9


Mgmt AgainstAgainstForYesAmend Bylaws to Comply with the Federal Commercial Companies Law No.2 of 2015

10

Mgmt AgainstAgainstForYesAuthorize Issuance of Bonds or Islamic Sukuk Non-convertible into Shares or any Financing Programs

11

Coca-Cola FEMSA S.A.B. de C.V.



Country: Mexico



Ticker: KOF

Primary CUSIP: 191241108 Primary ISIN: MXP2861W1067 Primary SEDOL: 2141899


Votable Proposal

VotingPolicy Rec

Vote Instruction

Series A and D Shares Have Voting Rights on All Items; Series L Shares Only Have Voting Rights on Item 5

Mgmt No


1

Mgmt ForForForYesAccept Report on Adherence to Fiscal Obligations

2

Mgmt ForForForYesApprove Allocation of Income and Cash Dividends

3

Mgmt ForForForYesSet Maximum Amount of Share Repurchase Program

4

Mgmt ForForForYesElect Directors and Secretaries; Verify Director's Independence Classification as Per Mexican Securities Law; Approve Their Remuneration

5

Mgmt ForForForYesElect Members of Financing and Planning Committee, Audit Committee and Corporate Practices Committee; Elect Chairman of Committees and Fix their Remuneration

6




Coca-Cola FEMSA S.A.B. de C.V.


Votable Proposal

VotingPolicy Rec

Vote Instruction


7


Commercial International Bank (Egypt) SAE


Record Date:

Country: Egypt

Meeting Type: Annual/Special


Ticker: COMI

Primary CUSIP: M25561107 Primary ISIN: EGS60121C018 Primary SEDOL: 6243898


Votable Proposal

VotingPolicy Rec

Vote Instruction



1

Mgmt ForForForYesApprove Auditor's Report on Company Financial Statements for FY Ended on Dec. 31, 2015

2


3

Mgmt ForForForYesApprove Allocation of Income and Dividends 4

Mgmt AgainstAgainstForYesApprove Discharge of Chairman and Directors for FY Ending on Dec. 31, 2015 and Fix Their Remuneration for FY 2016

5


6

Mgmt AgainstAgainstForYesApprove Charitable Donations for FY Ending on Dec. 31, 2015 and FY 2016

7

Mgmt AgainstAgainstForYesApprove Remuneration of Board Committees for FY2016

8

Mgmt ForForForYesApprove Changes in the Board's Composition since the Last AGM

9


Mgmt ForForForYesApprove Employee and Executive Stock Option Plan

1

Mgmt ForForForYesAmend Articles 6 and 7 : Authorize The Board to Amend Articles of Bylaws every Time the Board Decides to Increase the Capital

2






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAuthorize Issuance of Bonds/Debentures up to EGP 8 Billion

3

Agricultural Bank of China Limited



Country: China



Ticker: 1288

Primary CUSIP: N/A Primary ISIN: CNE100000RJ0 Primary SEDOL: B620Y41


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt AgainstAgainstForYesApprove Issue of Debt Financing Instruments 1

Mgmt ForForForYesApprove Financial Budget Plan for 2016 2

Mgmt ForForForYesElect Zhao Huan as Director 3

Mgmt ForForForYesElect Wang Xinxin as Director 4

Fomento Economico Mexicano S.A.B. de C.V. FEMSA



Country: Mexico



Ticker: FEMSA UBD

Primary CUSIP: P4182H115 Primary ISIN: MXP320321310 Primary SEDOL: 2242059


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAccept Report on Adherence to Fiscal Obligations

2

Mgmt ForForForYesApprove Allocation of Income and Cash Dividends

3

Mgmt ForForForYesSet Maximum Amount of Share Repurchase Program

4




Fomento Economico Mexicano S.A.B. de C.V. FEMSA


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Directors and Secretaries, Verify Director's Independence Classification as Per Mexican Securities Law, and Approve their Remuneration

5

Mgmt ForForForYesElect Members and Chairmen of Finance and Planning, Audit, and Corporate Practices Committees; Approve Their Remuneration

6


7


Reliance Communications Ltd.



Country: India

Meeting Type: Court


Ticker: RCOM

Primary CUSIP: Y72317103 Primary ISIN: INE330H01018 Primary SEDOL: B0WNLY7


Votable Proposal

VotingPolicy Rec

Vote Instruction



Sinopharm Group Co., Ltd.



Country: China



Ticker: 1099

Primary CUSIP: Y8008N107 Primary ISIN: CNE100000FN7 Primary SEDOL: B3ZVDV0


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Zhuo Fumin as Director and Authorize Board to Fix His Remuneration





Dubai Financial Market PJSC






Ticker: DFM

Primary CUSIP: M28814107 Primary ISIN: AED000901010 Primary SEDOL: B1GPBP7


Votable Proposal

VotingPolicy Rec

Vote Instruction

Extraordinary Business Mgmt No

Mgmt AgainstAgainstForYesAmend Bylaws to Comply with the Federal Law No.2 of 2015

1

Mgmt NoOrdinary Business


2

Mgmt ForForForYesApprove Auditor's Report on Company Financial Statements for FY Ended on Dec. 31, 2015

3

Mgmt ForForForYesApprove Shariah Supervisory Board Report for FY Ended on Dec. 31, 2015

4


5

Mgmt ForForForYesApprove Related Party Transactions 6

Mgmt ForForForYesApprove Cash Dividends of 5 Percent of the Paid up Capital

7

Mgmt AgainstAgainstForYesApprove Remuneration of Directors 8


9

Mgmt ForForForYesElect Shariah Supervisory Board Members (Bundled) for FY 2016

10


11


12

Universal Robina Corporation



Country: Philippines



Ticker: URC

Primary CUSIP: Y9297P100 Primary ISIN: PHY9297P1004 Primary SEDOL: 6919519




Universal Robina Corporation


Votable Proposal

VotingPolicy Rec

Vote Instruction

2 Approve the Minutes of the Annual Meeting of the Stockholders Held on May 27, 2015


Mgmt ForForForYesApprove Annual Report and Financial Statements For the Preceding Year

3

Mgmt ForForForYesAmend Article Third of the Articles of Incorporation to Change the Corporation's Principal Office Address

4

Mgmt NoElect 9 Directors by Cumulative Voting

Mgmt ForForForYesElect John L. Gokongwei, Jr. as Director 5.1

Mgmt ForForForYesElect James L. Go as Director 5.2

Mgmt ForForForYesElect Lance Y. Gokongwei as Director 5.3

Mgmt ForForForYesElect Patrick Henry C. Go as Director 5.4

Mgmt ForForForYesElect Frederick D. Go as Director 5.5

Mgmt ForForForYesElect Johnson Robert G. Go, Jr. as Director 5.6

Mgmt ForForForYesElect Robert G. Coyiuto, Jr. as Director 5.7

Mgmt ForForForYesElect Wilfrido E. Sanchez as Director 5.8

Mgmt ForForForYesElect Pascual S. Guerzon as Director 5.9

Mgmt ForForForYesElect External Auditor 6

Mgmt ForForForYesRatify All Acts of the Board of Directors and its Committees, Officers and Management Since the Last Annual Meeting

7

Mgmt AgainstAgainstForYesApprove Other Matters 8

Banco Bradesco S.A.


Record Date:

Country: Brazil


Primary Security ID: P1808G117

Ticker: BBDC4

Primary CUSIP: P1808G117 Primary ISIN: BRBBDCACNPR8 Primary SEDOL: B00FM53


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Cancel Share Issuance for Private Placement Approved at the Dec. 17, 2015, EGM





Banco Bradesco S.A.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAuthorize Capitalization of Reserves for Bonus Issue

2

Mgmt ForForForYesAmend Article 6 to Reflect Changes in Capital 3

Banco Bradesco S.A.


Record Date:

Country: Brazil



Ticker: BBDC4



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2015



Mgmt AgainstAgainstForYesFix Number and Elect Directors 3

Mgmt ForForForYesElect Fiscal Council Members 4.1

SH ForForNoneYesElect Joao Carlos de Oliveira and Oswaldo de Moura Silveira (Alternate) as Fiscal council Member Nominated by Minority Shareholders

4.2

Mgmt AgainstAgainstForYesApprove Remuneration of Company's Management

5

Mgmt ForForForYesApprove Remuneration of Fiscal Council Members

6

Banco Bradesco S.A.


Record Date:

Country: Brazil



Ticker: BBDC4



Votable Proposal

VotingPolicy Rec

Vote Instruction

MEETING FOR PREFERRED SHAREHOLDERS Mgmt No




Banco Bradesco S.A.


Votable Proposal

VotingPolicy Rec

Vote Instruction

SH AgainstAgainstNoneYesElect Director Nominated by Preferred Shareholders

1

SH ForForNoneYesElect Luiz Carlos de Freitas and Joao Batistela Biazon (Alternate) as Fiscal Council Member Nominated by Preferred Shareholders

2

Guangzhou Baiyunshan Pharmaceutical Holdings Co., Ltd.



Country: China



Ticker: 874

Primary CUSIP: Y2932P106 Primary ISIN: CNE000001733 Primary SEDOL: 6317179


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt AgainstAgainstForYesApprove Extension of Effective Period of Shareholders' Resolutions for the Non-public Issue of A Shares

1

Mgmt AgainstAgainstForYesApprove Extension of Effective Period of Conferring Full Powers on the Board and Persons Authorized by the Board to Handle Matters Relating to the Non-public Issue of A Shares

2




Country: China



Ticker: 874

Primary CUSIP: Y2932P106 Primary ISIN: CNE000001733 Primary SEDOL: 6317179


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt AgainstAgainstForYesApprove Extension of Effective Period of Shareholders' Resolutions for the Non-public Issue of A Shares

1






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesApprove Extension of Effective Period of Conferring Full Powers on the Board and Persons Authorized by the Board to Handle Matters Relating to the Non-public Issue of A Shares

2

Klabin S.A.


Record Date:

Country: Brazil



Ticker: KLBN4

Primary CUSIP: P60933101 Primary ISIN: BRKLBNACNPR9 Primary SEDOL: 2813347


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesApprove Allocation of Income 2

Mgmt Do Not Vote

ReferForYesElect Directors Appointed by Controlling Shareholders

3.1

SH AgainstAgainstNoneYesElect Board Member Nominated by Minority Shareholders

3.2

Mgmt ForForForYesRe-Ratify Remuneration of Company's Management for Fiscal Year 2015 and Approve Remuneration of Company's Management for Fiscal Year 2016

4

Mgmt AgainstAgainstForYesElect Fiscal Council Members and Re-Ratify their Remuneration

5.1

SH ForForNoneYesElect Fiscal Council Member Appointed by Minority Shareholders

5.2

Klabin S.A.


Record Date:

Country: Brazil



Ticker: KLBN4

Primary CUSIP: P60933101 Primary ISIN: BRKLBNACNPR9 Primary SEDOL: 2813347




Klabin S.A.


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Ratify Capital Increase Re: Exercise of Warrants


Mgmt ForForForYesAmend Article 5 to Reflect Changes in Capital 2

PT Bank Negara Indonesia (Persero) Tbk



Country: Indonesia



Ticker: BBNI

Primary CUSIP: Y74568166 Primary ISIN: ID1000096605 Primary SEDOL: 6727121


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Annual Report, Financial Statements, Report of the Partnership and Community Development Program (PCDP), and Discharge of Directors and Commissioners



Mgmt ForForForYesApprove Remuneration and Tantiem of Directors and Commissioners

3

Mgmt ForForForYesAppoint Auditors of the Company and the PCDP

4

Mgmt AgainstAgainstForYesApprove Management and Employee Stock Ownership Program Using Treasury Stock

5

Mgmt AgainstAgainstForYesElect Directors and/or Commissioners 6

PT XL Axiata Tbk



Country: Indonesia



Ticker: EXCL

Primary CUSIP: Y7125N107 Primary ISIN: ID1000102502 Primary SEDOL: B0LD0W9




PT XL Axiata Tbk


Votable Proposal

VotingPolicy Rec

Vote Instruction

ANNUAL GENERAL MEETING AGENDA Mgmt No

Mgmt ForForForYesApprove Financial Statements and Statutory Reports and Discharge of Directors and Commissioners

1


Mgmt ForForForYesAppoint Auditors and Authorize Board to Fix Their Remuneration

3

Mgmt ForForForYesElect Yessie D. Yosetya as Director 4

Mgmt ForForForYesApprove Remuneration of Directors and Commissioners

5

Mgmt NoEXTRAORDINARY GENERAL MEETING AGENDA

Mgmt ForForForYesApprove Issuance of Equity Shares with Preemptive Rights (Rights Issue II)

1

Mgmt ForForForYesAmend Articles of the Association Re: Rights Issue II and/or Long Term Incentive Program 2010 - 2015 Grant Date VI

2

Mgmt ForForForYesApprove Long Term Incentive Program 2016-2020 through Issuance of Equity or Equity-Linked Securities without Preemptive Rights

3

Cheil Worldwide Inc.






Ticker: A030000

Primary CUSIP: Y1296G108 Primary ISIN: KR7030000004 Primary SEDOL: 6093231


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Lim Dae-gi as Inside Director 2.1

Mgmt ForForForYesElect Kim Seok-pil as Inside Director 2.2

Mgmt ForForForYesElect Yoo Jeong-geun as Inside Director 2.3

Mgmt ForForForYesElect Kim Min-ho as Outside Director 2.4




Cheil Worldwide Inc.


Votable Proposal

VotingPolicy Rec

Vote Instruction


3


4

Chongqing Rural Commercial Bank Co., Ltd.



Country: China



Ticker: 3618

Primary CUSIP: N/A Primary ISIN: CNE100000X44 Primary SEDOL: B4Q1Y57


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Qualification of the Bank in Relation to the Non-public Issuance of Preference Shares


Mgmt AgainstAgainstForYesApprove Type of preference Shares to be Issued in Relation to the Non-public Issuance of Preference Shares

2.1

Mgmt AgainstAgainstForYesApprove Quantity and Size of Issuance in Relation to the Non-public Issuance of Preference Shares

2.2

Mgmt AgainstAgainstForYesApprove Nominal Value and Issue Price in Relation to the Non-public Issuance of Preference Shares

2.3

Mgmt AgainstAgainstForYesApprove Method of Issuance in Relation to the Non-public Issuance of Preference Shares

2.4

Mgmt AgainstAgainstForYesApprove Maturity in Relation to the Non-public Issuance of Preference Shares

2.5

Mgmt AgainstAgainstForYesApprove Target Subscribers in Relation to the Non-public Issuance of Preference Shares

2.6

Mgmt AgainstAgainstForYesApprove Lock-up Period in Relation to the Non-public Issuance of Preference Shares

2.7

Mgmt AgainstAgainstForYesApprove Terms of Dividend Distribution in Relation to the Non-public Issuance of Preference Shares

2.8

Mgmt AgainstAgainstForYesApprove Terms of Mandatory Conversion in Relation to the Non-public Issuance of Preference Shares

2.9

Mgmt AgainstAgainstForYesApprove Terms of Conditional Redemption in Relation to the Non-public Issuance of Preference Shares

2.10






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesApprove Restrictions on Voting Rights in Relation to the Non-public Issuance of Preference Shares

2.11

Mgmt AgainstAgainstForYesApprove Restoration of voting Rights in Relation to the Non-public Issuance of Preference Shares

2.12

Mgmt AgainstAgainstForYesApprove Order of Distribution of Residual Assets and Basis for Liquidation in Relation to the Non-public Issuance of Preference Shares

2.13

Mgmt AgainstAgainstForYesApprove Rating in Relation to the Non-public Issuance of Preference Shares

2.14

Mgmt AgainstAgainstForYesApprove Security in Relation to the Non-public Issuance of Preference Shares

2.15

Mgmt ForForForYesApprove Use of Proceeds in Relation to the Non-public Issuance of Preference Shares

2.16

Mgmt AgainstAgainstForYesApprove Transfer in Relation to the Non-public Issuance of Preference Shares

2.17

Mgmt AgainstAgainstForYesApprove Resolution Validity Period in Relation to the Non-public Issuance of Preference Shares

2.18

Mgmt ForForForYesApprove Authorization Matters in Relation to the Non-public Issuance of Preference Shares

2.19

Mgmt AgainstAgainstForYesAmend Articles of Association 3

Mgmt AgainstAgainstForYesApprove the Issuance of Qualified Tier-2 Capital Instruments

4

Mgmt AgainstAgainstForYesApprove Dilution of Current Returns as a Result of the Issuance of Preference Shares and Proposed Remedial Measures

5

Mgmt ForForForYesAmend Rules of Procedures Regarding General Meetings of Shareholders

6

Mgmt ForForForYesAmend Rules of Procedures of the Board 7




Country: China



Ticker: 3618

Primary CUSIP: N/A Primary ISIN: CNE100000X44 Primary SEDOL: B4Q1Y57






Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt AgainstAgainstForYesApprove Type of preference Shares to be Issued in Relation to the Non-public Issuance of Preference Shares

1.1

Mgmt AgainstAgainstForYesApprove Quantity and Size of Issuance in Relation to the Non-public Issuance of Preference Shares

1.2

Mgmt AgainstAgainstForYesApprove Nominal Value and Issue Price in Relation to the Non-public Issuance of Preference Shares

1.3

Mgmt AgainstAgainstForYesApprove Method of Issuance in Relation to the Non-public Issuance of Preference Shares

1.4

Mgmt AgainstAgainstForYesApprove Maturity in Relation to the Non-public Issuance of Preference Shares

1.5

Mgmt AgainstAgainstForYesApprove Target Subscribers in Relation to the Non-public Issuance of Preference Shares

1.6

Mgmt AgainstAgainstForYesApprove Lock-up Period in Relation to the Non-public Issuance of Preference Shares

1.7

Mgmt AgainstAgainstForYesApprove Terms of Dividend Distribution in Relation to the Non-public Issuance of Preference Shares

1.8

Mgmt AgainstAgainstForYesApprove Terms of Mandatory Conversion in Relation to the Non-public Issuance of Preference Shares

1.9

Mgmt AgainstAgainstForYesApprove Terms of Conditional Redemption in Relation to the Non-public Issuance of Preference Shares

1.10

Mgmt AgainstAgainstForYesApprove Restrictions on Voting Rights in Relation to the Non-public Issuance of Preference Shares

1.11

Mgmt AgainstAgainstForYesApprove Restoration of voting Rights in Relation to the Non-public Issuance of Preference Shares

1.12

Mgmt AgainstAgainstForYesApprove Order of Distribution of Residual Assets and Basis for Liquidation in Relation to the Non-public Issuance of Preference Shares

1.13

Mgmt AgainstAgainstForYesApprove Rating in Relation to the Non-public Issuance of Preference Shares

1.14

Mgmt AgainstAgainstForYesApprove Security in Relation to the Non-public Issuance of Preference Shares

1.15

Mgmt ForForForYesApprove Use of Proceeds in Relation to the Non-public Issuance of Preference Shares

1.16






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesApprove Transfer in Relation to the Non-public Issuance of Preference Shares

1.17

Mgmt AgainstAgainstForYesApprove Resolution Validity Period in Relation to the Non-public Issuance of Preference Shares

1.18

Mgmt ForForForYesApprove Authorization Matters in Relation to the Non-public Issuance of Preference Shares

1.19

CorpBanca



Country: Chile


Primary Security ID: P3143K118

Ticker: CORPBANCA

Primary CUSIP: P3143K118 Primary ISIN: CLCORX290014 Primary SEDOL: 2773311


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAppoint Auditors 2



Mgmt NoReceive Report Regarding Related-Party Transactions

5

Mgmt ForForForYesApprove Dividends of CLP 0.31 Per Share 6


Mgmt ForForForYesDesignate Newspaper to Publish Meeting Announcements

8

CorpBanca



Country: Chile



Ticker: CORPBANCA

Primary CUSIP: P3143K118 Primary ISIN: CLCORX290014 Primary SEDOL: 2773311




CorpBanca


Votable Proposal

VotingPolicy Rec

Vote Instruction

Meeting for ADR Holders Mgmt No

Mgmt ForForForYesApprove Financial Statements and Statutory Reports

1





5

Mgmt ForForForYesApprove Dividends of CLP 0.31 Per Share 6



8

Daewoo Shipbuilding & Marine Engineering Co.





Primary Security ID: Y1916Y117

Ticker: A042660

Primary CUSIP: Y1916Y117 Primary ISIN: KR7042660001 Primary SEDOL: 6211732


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles of Incorporation Mgmt Yes For Against Against

E-MART Co. Ltd.






Ticker: A139480

Primary CUSIP: N/A Primary ISIN: KR7139480008 Primary SEDOL: B682TF7




E-MART Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Kim Hae-seong as Inside Director 3.1

Mgmt ForForForYesElect Han Chae-yang as Inside Director 3.2


4

Hotel Shilla Co.






Ticker: A008770



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAmend Articles of Incorporation (Stock) 2.1

Mgmt ForForForYesAmend Articles of Incorporation (Board of Directors)

2.2

Mgmt ForForForYesElect Jeong Jin-ho as Outside Director 3.1

Mgmt ForForForYesElect Moon Jae-woo as Outside Director 3.2

Mgmt ForForForYesElect Oh Young-ho as Outside Director 3.3

Mgmt ForForForYesElect Chae Hong-gwan as Inside Director 3.4

Mgmt ForForForYesElect Jeong Jin-ho as Member of Audit Committee

4.1

Mgmt AgainstAgainstForYesElect Kim Won-yong as Member of Audit Committee

4.2

Mgmt ForForForYesElect Moon Jae-woo as Member of Audit Committee

4.3


5




Hyundai Engineering & Construction Co. Ltd.






Ticker: A000720



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Two Outside Directors (Bundled) 2

Mgmt ForForForYesElect Two Members of Audit Committee 3


4

Hyundai Glovis Co.






Ticker: A086280

Primary CUSIP: Y27294100 Primary ISIN: KR7086280005 Primary SEDOL: B0V3XR5


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect One Inside Director, One Outside Director, and One Non-independent Non-executive Director

2

Mgmt AgainstAgainstForYesElect Ma Sang-gon as Member of Audit Committee

3


4

Hyundai Mobis Co.






Ticker: A012330

Primary CUSIP: Y3849A109 Primary ISIN: KR7012330007 Primary SEDOL: 6449544




Hyundai Mobis Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Three Inside Directors and One Outside Director (Bundled)

3

Mgmt ForForForYesElect Lee Seung-ho as Member of Audit Committee

4


5

Hyundai Motor Co.






Ticker: A005380



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt AgainstAgainstForYesElect Two Inside Directors and Two Outside Directors (Bundled)

2

Mgmt AgainstAgainstForYesElect Nam Seong-il as Member of Audit Committee

3


4

Hyundai Steel Co.






Ticker: A004020





Hyundai Steel Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect One Inside Director and Two Outside Directors (Bundled)

3



5

LG Display Co.






Ticker: A034220

Primary CUSIP: Y5255T100 Primary ISIN: KR7034220004 Primary SEDOL: B01VZN9


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Park Jun as Outside Director 2.1

Mgmt ForForForYesElect Han Geun-tae as Outside Director 2.2

Mgmt ForForForYesElect Park Jun as Member of Audit Committee 3


4

POSCO






Ticker: A005490





POSCO


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Lee Myeong-woo as Outside Director 3.1

Mgmt ForForForYesElect Choi Jeong-woo as Inside Director 3.2


4

S-1 Corp.






Ticker: A012750



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt AgainstAgainstForYesElect One Inside Director and One Outside Director (Bundled)

3

Mgmt ForForForYesAppoint Kim Yoon-hwan as Internal Auditor 4


5


6

Samsung C&T Corp.





Primary Security ID: Y7T71K106

Ticker: A028260

Primary CUSIP: N/A Primary ISIN: KR7028260008 Primary SEDOL: BSXN8K7




Samsung C&T Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction





3

Samsung Card Co.





Primary Security ID: Y7T70U105

Ticker: A029780

Primary CUSIP: Y7T70U105 Primary ISIN: KR7029780004 Primary SEDOL: B1WQQ48


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Park Gyeong-guk as Inside Director 3


4

Samsung Electro-Mechanics Co.





Primary Security ID: Y7470U102

Ticker: A009150

Primary CUSIP: Y7470U102 Primary ISIN: KR7009150004 Primary SEDOL: 6771689


Votable Proposal

VotingPolicy Rec

Vote Instruction







Samsung Electro-Mechanics Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Jeong Gwang-young as Inside Director 3


4

Samsung Electronics Co., Ltd.






Ticker: A005930



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Lee In-ho as Outside Director 2.1.1

Mgmt ForForForYesElect Song Gwang-su as Outside Director 2.1.2

Mgmt ForForForYesElect Park Jae-wan as Outside Director 2.1.3

Mgmt ForForForYesElect Yoon Bu-geun as Inside Director 2.2.1

Mgmt ForForForYesElect Shin Jong-gyun as Inside Director 2.2.2

Mgmt ForForForYesElect Lee Sang-hun as Inside Director 2.2.3

Mgmt ForForForYesElect Lee In-ho as Member of Audit Committee

2.3.1

Mgmt ForForForYesElect Song Gwang-su as Member of Audit Committee

2.3.2


3


Samsung Fire & Marine Insurance Co.






Ticker: A000810

Primary CUSIP: Y7473H108 Primary ISIN: KR7000810002 Primary SEDOL: 6155250




Samsung Fire & Marine Insurance Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Oh Su-sang as Inside Director 3.1.1

Mgmt ForForForYesElect Moon Hyo-nam as Outside Director 3.2.1

Mgmt ForForForYesElect Son Byeong-jo as Outside Director 3.2.2

Mgmt ForForForYesElect Yoon Young-cheol as Outside Director 3.2.3

Mgmt ForForForYesElect Cho Dong-geun as Outside Director 3.2.4

Mgmt AgainstAgainstForYesElect Oh Su-sang as Member of Audit Committee

4.1.1

Mgmt ForForForYesElect Son Byeong-jo as Member of Audit Committee

4.2.1

Mgmt ForForForYesElect Yoon Young-cheol as Member of Audit Committee

4.2.2


5

Samsung Life Insurance Co. Ltd.






Ticker: A032830

Primary CUSIP: N/A Primary ISIN: KR7032830002 Primary SEDOL: B12C0T9


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Kim Dae-hwan as Inside Director 3.1.1

Mgmt ForForForYesElect Lee Doh-seung as Inside Director 3.1.2

Mgmt ForForForYesElect Heo Gyeong-wook as Outside Director 3.2.1

Mgmt ForForForYesElect Kim Du-cheol as Outside Director 3.2.2




Samsung Life Insurance Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesElect Lee Doh-seung as Member of Audit Committee

4.1

Mgmt ForForForYesElect Kim Du-cheol as Member of Audit Committee

4.2

Mgmt AgainstAgainstForYesApprove Total Remuneration of Inside Directors and Outside Directors

5







Ticker: A006400



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Song Chang-ryong as Inside Director 2.1

Mgmt ForForForYesElect Kim Hong-gyeong as Inside Director 2.2


3


Samsung SDS Co. Ltd.





Primary Security ID: Y7T72C103

Ticker: A018260

Primary CUSIP: N/A Primary ISIN: KR7018260000 Primary SEDOL: BRS2KY0


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Jeong Yoo-seong as Inside Director 2.1

Mgmt ForForForYesElect Hong Won-pyo as Inside Director 2.2




Samsung SDS Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction



4

Samsung Securities Co. Ltd.






Ticker: A016360



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Kim Seong-jin as Outside Director 3.1

Mgmt ForForForYesElect Moon Gyeong-tae as Outside Director 3.2

Mgmt ForForForYesElect Jeon Young-muk as Inside Director 3.3

Mgmt ForForForYesElect Kim Seong-jin as Member of Audit Committee

4.1


5

Shenzhen Investment Ltd.



Country: Hong Kong



Ticker: 604

Primary CUSIP: Y7743P120 Primary ISIN: HK0604011236 Primary SEDOL: 6535261


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Sale and Purchase Agreement and Related Transactions


Mgmt ForForForYesElect Huang Wei as Director 2




Shinsegae Co.






Ticker: A004170



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Jang Jae-young as Inside Director 2.1

Mgmt ForForForYesElect Cho Chang-hyeon as Inside Director 2.2

Mgmt ForForForYesElect Park Yoon-jun as Outside Director 2.3

Mgmt ForForForYesElect Park Yoon-jun as Member of Audit Committee

3


4

Air Arabia PJSC






Ticker: AIRARABIA

Primary CUSIP: M0367N110 Primary ISIN: AEA003001012 Primary SEDOL: B23DL40


Votable Proposal

VotingPolicy Rec

Vote Instruction



1


2


3

Mgmt ForForForYesApprove Dividends of AED 0.09 per Share of Share Capital in Cash for FY Ended on Dec. 31, 2015

4

Mgmt ForForForYesApprove Remuneration of Directors for FY Ended on Dec. 31, 2015

5




Air Arabia PJSC


Votable Proposal

VotingPolicy Rec

Vote Instruction


6


7


8


Mgmt AgainstAgainstForYesAmend Bylaws to Comply with Federal Law No.2 of 2015

9

BlackRock Commodities Income Investment Trust plc





Primary Security ID: G602AG109

Ticker: BRCI

Primary CUSIP: G602AG109 Primary ISIN: GB00B0N8MF98 Primary SEDOL: B0N8MF9


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Dr Carol Bell as Director 4

Mgmt ForForForYesRe-elect Michael Merton as Director 5

Mgmt ForForForYesRe-elect Ruck Keene as Director 6

Mgmt ForForForYesRe-elect Ed Warner as Director 7


Mgmt ForForForYesAuthorise Audit and Management Engagement Committee to Fix Remuneration of Auditors

9


10


11






BlackRock Commodities Income Investment Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction



Daewoo International Corp.






Ticker: A047050

Primary CUSIP: Y1911C102 Primary ISIN: KR7047050000 Primary SEDOL: 6344274


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAmend Articles of Incorporation (Change Company Name)

2.1

Mgmt ForForForYesAmend Articles of Incorporation (Change Location of General Meeting)

2.2

Mgmt ForForForYesElect Jeon Guk-hwan as Inside Director 3.1

Mgmt ForForForYesElect Oh In-hwan as Non-indpendent Non-executive Director

3.2

Mgmt ForForForYesElect Kang Hui-cheol as Outside Director 3.3.1

Mgmt ForForForYesElect Lee Gi-young as Outside Director 3.3.2

Mgmt ForForForYesElect Kang Hui-cheol as Member of Audit Committee

4.1

Mgmt ForForForYesElect Lee Gi-young as Member of Audit Committee

4.2


5

Grupo Elektra S.A.B. de C.V.



Country: Mexico


Primary Security ID: P3642B213

Ticker: ELEKTRA *

Primary CUSIP: P3642B213 Primary ISIN: MX01EL000003 Primary SEDOL: 2967084




Grupo Elektra S.A.B. de C.V.


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Board's Report Mgmt Yes For For For

Mgmt ForForForYesApprove Financial Statements and Allocation of Income

2

Mgmt ForForForYesApprove Report of Audit Committee 3

Mgmt ForForForYesApprove Report of Corporate Practices Committee

4

Mgmt ForForForYesApprove Report of Board of Directors on Share Repurchase Policy and Reserves for Share Repurchase Program

5

Mgmt AgainstAgainstForYesElect and or Ratify Directors, Secretary and Alternate, and Members of Audit and Corporate Practices Committees; Verify Independence Classification; Approve Their Remuneration

6


7

VTB Bank PJSC



Country: Russia


Primary Security ID: 46630Q202

Ticker: VTBR

Primary CUSIP: 46630Q202 Primary ISIN: RU000A0JP5V6 Primary SEDOL: B5B1TP4


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Reorganization via Acquisition of BS Bank

Mgmt Yes For Refer Do Not Vote

Mgmt Do Not Vote

ReferForYesApprove New Edition of Charter 2

Mgmt Do Not Vote

ReferForYesApprove New Edition of Regulations on General Meetings

3

Mgmt Do Not Vote

ReferForYesApprove New Edition of Regulations on Board of Directors

4

Mgmt Do Not Vote

ReferForYesApprove New Edition of Regulations on Management

5




Guangzhou R&F Properties Co., Ltd.



Country: China



Ticker: 2777

Primary CUSIP: Y2933F115 Primary ISIN: CNE100000569 Primary SEDOL: B19H8Y8


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve the Caution of Risks Relating to Potential Dilution of Return for the Current Period Resulting from the Initial Public Offering of A Shares by the Company


Mgmt AgainstAgainstForYesApprove the Undertaking by the Company's Directors in Connection with the Adoption of Measures to Mitigate the Potential Dilution of Return for the Current Period Resulting from the Initial Public Offering of A Shares by the Company

2

Mgmt AgainstAgainstForYesApprove the Undertaking by the Company's Senior Management in Connection with the Adoption of Measures to Mitigate the Potential Dilution of Return for the Current Period Resulting from the Initial Public Offering of A Shares by the Company

3

The Brunner Investment Trust plc






Ticker: BUT



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRe-elect Vivian Bazalgette as Director 3

Mgmt ForForForYesRe-elect Carolan Dobson as Director 4




7




The Brunner Investment Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


8


9


Uralkali PJSC



Country: Russia



Ticker: URKA

Primary CUSIP: X9519W108 Primary ISIN: RU0007661302 Primary SEDOL: B59MFL7


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Large-Scale Transaction Mgmt Yes For Refer Do Not Vote

Mgmt Do Not Vote

ReferForYesCancel July 31, 2014, Resolution Re: Reorganization via Acquisition of Uralkali-Tekhnologiya

2

Mgmt Do Not Vote

ReferForYesCancel July 31, 2014, Resolution Re: Reduction in Share Capital

3

Mgmt Do Not Vote

ReferForYesApprove Company's Membership in an Association of Development of Using of Anti-Icing Reagents

4

ALDAR Properties PJSC






Ticker: ALDAR

Primary CUSIP: M0517N101 Primary ISIN: AEA002001013 Primary SEDOL: B0LX3Y2


Votable Proposal

VotingPolicy Rec

Vote Instruction



1




ALDAR Properties PJSC


Votable Proposal

VotingPolicy Rec

Vote Instruction


2


3

Mgmt ForForForYesApprove Dividends of AED 0.10 per Share Representing 10 Percent of Share Capital in Cash for FY Ended on Dec. 31, 2015

4

Mgmt ForForForYesApprove Remuneration of Directors for FY Ended on Dec. 31, 2015

5


6


7


8




10

Concentradora Fibra Danhos S.A. de C.V.



Country: Mexico



Ticker: DANHOS 13

Primary CUSIP: N/A Primary ISIN: MXCFDA020005 Primary SEDOL: BFN0V08


Votable Proposal

VotingPolicy Rec

Vote Instruction

Meeting for Holders of REITs - ISIN MXCFDA020005

Mgmt No


Mgmt ForForForYesApprove Financial Statements 2

Mgmt AgainstAgainstForYesElect or Ratify Members of Trust Technical Committee

3

Mgmt ForForForYesRatify Number of Real Estate Trust Certificates Issued in Return for Contribution of Land of Puebla

4




Concentradora Fibra Danhos S.A. de C.V.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Cancellation of Real Estate Trust Certificates Issued to Pay Contribution of Land of Puebla

5

Mgmt ForForForYesAuthorize Issuance of 10 Million Real Estate Trust Certificates

6


7

Empresas CMPC S.A.



Country: Chile


Primary Security ID: P3712V107

Ticker: CMPC

Primary CUSIP: P3712V107 Primary ISIN: CL0000001314 Primary SEDOL: 2196015


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles Re: Board Size Increase from 7 to 9 Members


Mgmt ForForForYesAdopt All Necessary Agreements to Carry Out Approved Resolutions

2

Premier Farnell plc






Ticker: PFL



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Disposal of Akron Brass Holding Corp.





Tianjin Capital Environmental Protection Group Co., Ltd.



Country: China



Ticker: 600874

Primary CUSIP: Y88228112 Primary ISIN: CNE1000004G9 Primary SEDOL: 6908283


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt NoELECT ONE EXECUTIVE DIRECTOR VIA CUMULATIVE VOTING

SH ForForForYesElect Peng Yilin as Director 1

SH ForForForYesApprove Remuneration for Peng Yilin 2

China CITIC Bank Corporation Ltd.



Country: China


Primary Security ID:

Ticker: 998

Primary CUSIP: Y1434M108 Primary ISIN: CNE1000000R4 Primary SEDOL: B1VXHG9


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesElect Chen Lihua as Director 1

Mgmt ForForForYesElect He Cao as Director 2

Mgmt ForForForYesElect Huang Fang as Director 3

SH ForForForYesElect Wan Liming as Director 4

China Vanke Co., Ltd.



Country: China



Ticker: 000002

Primary CUSIP: Y77421116 Primary ISIN: CNE0000000T2 Primary SEDOL: 6803708




China Vanke Co., Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt AgainstAgainstForYesApprove Resolution in Relation to the Application for Continuing Trading Suspensionof the Company's A Shares

1

Crest Nicholson Holdings plc






Ticker: CRST

Primary CUSIP: N/A Primary ISIN: GB00B8VZXT93 Primary SEDOL: B8VZXT9


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRe-elect William Rucker as Director 3

Mgmt ForForForYesRe-elect Stephen Stone as Director 4

Mgmt ForForForYesRe-elect Patrick Bergin as Director 5


Mgmt ForForForYesRe-elect Pam Alexander as Director 7

Mgmt ForForForYesElect Sharon Flood as Director 8


9


10



12


13



15




Empiric Student Property plc






Ticker: ESP

Primary CUSIP: N/A Primary ISIN: GB00BLWDVR75 Primary SEDOL: BLWDVR7


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Authorise Issue of Equity in Connection with the Share Issuance Programme


Mgmt AgainstAgainstForYesAuthorise Issue of Equity without Pre-emptive Rights in Connection with the Share Issuance Programme

2

AmorePacific Corp.






Ticker: A090430

Primary CUSIP: Y01258105 Primary ISIN: KR7090430000 Primary SEDOL: B15SK50


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect One Inside Director and One Outside Director (Bundled)

3

Mgmt ForForForYesElect Eom Young-ho as Member of Audit Committee

4


5

Amorepacific Group Inc.






Ticker: A002790

Primary CUSIP: Y6606N107 Primary ISIN: KR7002790004 Primary SEDOL: 6665931




Amorepacific Group Inc.


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Two Inside Directors and One Outside Director (Bundled)

3

Mgmt ForForForYesElect Three Members of Audit Committee 4


5


6

CJ CheilJedang Co.






Ticker: A097950

Primary CUSIP: Y1661W134 Primary ISIN: KR7097950000 Primary SEDOL: B2492F5


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt AgainstAgainstForYesElect Son Gyeong-sik as Inside Director 3.1

Mgmt ForForForYesElect Heo Min-hoe as Inside Director 3.2

Mgmt AgainstAgainstForYesElect Lee Gi-su as Outside Director 3.3

Mgmt AgainstAgainstForYesElect Choi Jeong-pyo as Outside Director 3.4

Mgmt AgainstAgainstForYesElect Kim Gap-sun as Outside Director 3.5

Mgmt AgainstAgainstForYesElect Lee Gi-su as Member of Audit Committee

4.1

Mgmt AgainstAgainstForYesElect Choi Jeong-pyo as Member of Audit Committee

4.2

Mgmt AgainstAgainstForYesElect Kim Gap-sun as Member of Audit Committee

4.3




CJ CheilJedang Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction


5

CJ Corp.






Ticker: A001040

Primary CUSIP: Y1848L118 Primary ISIN: KR7001040005 Primary SEDOL: 6189516


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Shin Hyeon-jae as Inside Director 2.1

Mgmt AgainstAgainstForYesElect Kim Seong-ho as Outside Director 2.2

Mgmt AgainstAgainstForYesElect Kim Seong-ho as Member of Audit Committee

3


4

CJ Korea Express Corp.





Primary Security ID: Y166AE100

Ticker: A000120

Primary CUSIP: Y4871M102 Primary ISIN: KR7000120006 Primary SEDOL: 6497112


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Two Inside Directors (Bundled) 2


3




Dongbu Insurance Co.






Ticker: A005830



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect One Inside Director and Three Outside Directors (Bundled)

3


Mgmt AgainstAgainstForYesElect Ahn Hyeong-jun as Member of Audit Committee

5


6

Dongsuh Co.






Ticker: A026960

Primary CUSIP: Y2096D105 Primary ISIN: KR7026960005 Primary SEDOL: 6605993


Votable Proposal

VotingPolicy Rec

Vote Instruction

1.1 Elect Lee Chang-hwan as Inside Director Mgmt Yes For For For

Mgmt AgainstAgainstForYesElect Kim Jong-won as Inside Director 1.2

Mgmt AgainstAgainstForYesElect Yoon Se-cheol as Inside Director 1.3

Mgmt ForForForYesElect Kim Yong-eon as Outside Director 1.4

Mgmt ForForForYesAppoint Lee Hong-jae as Internal Auditor 2


3


4

Mgmt ForForForYesApprove Conditional Delisting from KOSDAQ and listing on KOSPI

5




Double Coin Holdings Ltd.



Country: China



Ticker: 600623

Primary CUSIP: Y2105F109 Primary ISIN: CNE0000004L1 Primary SEDOL: 6800817


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Change of Company Name to SHANGHAI HUAYI GROUP CORPORATION LIMITED

1


Mgmt ForForForYesApprove Capital Injection in Double Coin Tire Co., Ltd.

3


SH ForForNoneYesElect Liu Xunfeng as Non-Independent Director

4.01

SH ForForNoneYesElect Wang Xia as Non-Independent Director 4.02

SH ForForNoneYesElect Huang Dailie as Non-Independent Director

4.03

Mgmt NoELECT INDEPENDENT DIRECTORS VIA CUMULATIVE VOTING

SH ForForNoneYesElect Shen Qitang as Independent Director 5.01

SH ForForNoneYesElect Duan Qihua as Independent Director 5.02

SH ForForNoneYesElect Zhang Yimin as Independent Director 5.03

Mgmt NoELECT SUPERVISORS VIA CUMULATIVE VOTING

SH ForForNoneYesElect Gao Kang as Supervisor 6.01

SH ForForNoneYesElect Zhang Weimin as Supervisor 6.02

SH ForForNoneYesElect Zhang Jianxin as Supervisor 6.03

Ecofin Water & Power Opportunities plc






Ticker: ECWO

Primary CUSIP: N/A Primary ISIN: GB00B09LK252 Primary SEDOL: B09LK25




Ecofin Water & Power Opportunities plc


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRe-elect Ian Barby as Director 3

Mgmt ForForForYesRe-elect Iain McLaren as Director 4

Mgmt ForForForYesRe-elect Lord Myners as Director 5

Mgmt ForForForYesRe-elect Martin Negre as Director 6

Mgmt ForForForYesRe-elect David Simpson as Director 7



9


10


11



13


GS Engineering & Construction Ltd.






Ticker: A006360

Primary CUSIP: Y2901E108 Primary ISIN: KR7006360002 Primary SEDOL: 6537096


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect One Inside Director and Two Outside Directors (Bundled)

2

Mgmt ForForForYesElect Ju In-gi as Member of Audit Committee 3




GS Engineering & Construction Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction


4

GS Holdings Corp.






Ticker: A078930

Primary CUSIP: Y2901P103 Primary ISIN: KR7078930005 Primary SEDOL: B01RJV3


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect One Inside Director, One Non-independent Non-executive Director, and Two Outside Directors (Bundled)

2

Mgmt ForForForYesElect Kim In-gyu as Member of Audit Committee

3


4

Hanjin Shipping Co. Ltd.






Ticker: A117930

Primary CUSIP: N/A Primary ISIN: KR7117930008 Primary SEDOL: B4W5613


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect One Outside Director and One Non-independent Non-executive Director (Bundled)

3

Mgmt ForForForYesElect Noh Hyeong-jong as Member of Audit Committee

4




Hanjin Shipping Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction


5

Hanmi Pharm Co. Ltd.






Ticker: A128940

Primary CUSIP: N/A Primary ISIN: KR7128940004 Primary SEDOL: B613DJ9


Votable Proposal

VotingPolicy Rec

Vote Instruction

1.1 Elect Two Inside Directors (Bundled) Mgmt Yes For For For

Mgmt ForForForYesElect Two Outside Directors (Bundled) 1.2



3

Hanmi Science Co. Ltd.






Ticker: A008930

Primary CUSIP: Y3061Z105 Primary ISIN: KR7008930000 Primary SEDOL: 6146083


Votable Proposal

VotingPolicy Rec

Vote Instruction

1.1 Elect Two Inside Directors (Bundled) Mgmt Yes For For For

Mgmt ForForForYesElect Hwang Ui-in as Outside Director 1.2



3


4




Hanssem Co.






Ticker: A009240



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt AgainstAgainstForYesElect Three Inside Directors (Bundled) 2

Mgmt ForForForYesAppoint Lee Young-bong as Internal Auditor 3


4


5

Hanwha Life Insurance Co.Ltd.





Primary Security ID: Y306AX100

Ticker: A088350

Primary CUSIP: N/A Primary ISIN: KR7088350004 Primary SEDOL: B62B9W7


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAmend Articles of Incorporation (Reflection of Changes in Law)

2.1

Mgmt ForForForYesAmend Articles of Incorporation (Removal of Cumulative Voting System)

2.2

Mgmt ForForForYesElect Two Inside Directors and Four Outside Directors (Bundled)

3



5




Huatai Securities Co., Ltd.



Country: China



Ticker: 601688

Primary CUSIP: N/A Primary ISIN: CNE100000LQ8 Primary SEDOL: B61VK25


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt NoELECT TWO INDEPENDENT NON-EXECUTIVE DIRECTORS VIA CUMULATIVE VOTING

Mgmt ForForForYesElect Chen Chuanming as Director 1.1

Mgmt ForForForYesElect Yang Xiongsheng as Director 1.2

Hyosung Corp.






Ticker: A004800



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt AgainstAgainstForYesElect Four Inside Directors and One Outside Director (Bundled)

2


3

Hyundai Department Store Co.






Ticker: A069960

Primary CUSIP: N/A Primary ISIN: KR7069960003 Primary SEDOL: 6568610




Hyundai Department Store Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Three Inside Directors and Three Outside Directors (Bundled)

2



4

Hyundai Merchant Marine Co.






Ticker: A011200

Primary CUSIP: Y3843P102 Primary ISIN: KR7011200003 Primary SEDOL: 6405869


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Lee Baek-hun as Inside Director 3.1

Mgmt ForForForYesElect Kim Jeong-beom as Inside Director 3.2

Mgmt ForForForYesElect Kim Chung-hyeon as Inside Director 3.3

Mgmt ForForForYesElect Jeon Jun-su as Outside Director 3.4

Mgmt ForForForYesElect Heo Seon as Outside Director 3.5

Mgmt ForForForYesElect Kim Heung-geol as Outside Director 3.6

Mgmt AgainstAgainstForYesElect Eric Sing Chi Ip as Outside Director 3.7

Mgmt ForForForYesElect Jeon Jun-su as Member of Audit Committee

4.1

Mgmt ForForForYesElect Heo Seon as Member of Audit Committee

4.2

Mgmt ForForForYesElect Kim Heung-geol as Member of Audit Committee

4.3


5




Hyundai Merchant Marine Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Reverse Stock Split 6

Hyundai Mipo Dockyard Co.






Ticker: A010620

Primary CUSIP: Y3844T103 Primary ISIN: KR7010620003 Primary SEDOL: 6451066


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Noh Hwan-gyun as Outside Director 3

Mgmt ForForForYesElect Noh Hwan-gyun as Member of Audit Committee

4


5

Hyundai Securities Co. Ltd.






Ticker: A003450



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Hyeon Jeong-eun as Inside Director 2.1

Mgmt ForForForYesElect Lee Seon-jae as Inside Director 2.2

Mgmt ForForForYesElect Kim Sang-nam as Outside Director 2.3

Mgmt ForForForYesElect Son Won-ik as Outside Director 2.4

Mgmt ForForForYesElect Kim Yoo-jong as Outside Director 2.5




Hyundai Securities Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Jang Si-il as Outside Director 2.6

Mgmt AgainstAgainstForYesElect Lee Seon-jae as Member of Audit Committee

3.1

Mgmt ForForForYesElect Kim Yoo-jong as Member of Audit Committee

3.2

Mgmt ForForForYesElect Jang Si-il as Member of Audit Committee

3.3


4

Hyundai WIA Corp.






Ticker: A011210

Primary CUSIP: N/A Primary ISIN: KR7011210002 Primary SEDOL: B3LF565


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Son Il-geun as Inside Director 2


3

Jinzhou Port Co., Ltd.



Country: China



Ticker: 900952

Primary CUSIP: Y44469115 Primary ISIN: CNE000000Z85 Primary SEDOL: 6154785


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt NoELECT INDEPENDENT DIRECTORS

SH ForForNoneYesElect Cao Jian as Independent Director 1.01




Jinzhou Port Co., Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

SH ForForNoneYesElect Miao Yanan as Independent Director 1.02

Mgmt ForForForYesElect Liu Liying as Supervisor 2

KCC Corp.






Ticker: A002380



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles of Incorporation Mgmt Yes For For For

Mgmt ForForForYesElect Two Inside Directors (Bundled) 2.1

Mgmt ForForForYesElect Three Outside Directors (Bundled) 2.2

Mgmt ForForForYesElect Song Tae-nam as Member of Audit Committee

3


4

Kia Motors Corporation






Ticker: A000270



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt AgainstAgainstForYesElect One Inside Director, One Outside Director, and One Non-independent Non-executive Director (Bundled)

2

Mgmt ForForForYesElect Nam Sang-gu as Member of Audit Committee

3




Kia Motors Corporation


Votable Proposal

VotingPolicy Rec

Vote Instruction


4

Korea Aerospace Industries Co. Ltd.






Ticker: A047810

Primary CUSIP: N/A Primary ISIN: KR7047810007 Primary SEDOL: B3N3363


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Three Non-independent Non-executive Directors (Bundled)

2.1

Mgmt ForForForYesElect Kim Ho-eop as Outside Director 2.2

Mgmt AgainstAgainstForYesElect Jeong Jae-gyeong as Member of Audit Committee

3.1

Mgmt ForForForYesElect Kim Ho-eop as Member of Audit Committee

3.2


4

Korean Air Lines Co. Ltd.






Ticker: A003490

Primary CUSIP: Y4936S102 Primary ISIN: KR7003490000 Primary SEDOL: 6496766


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Two Inside Directors and Two Outside Directors (Bundled)

2

Mgmt ForForForYesElect Lee Seok-woo as Member of Audit Committee

3




Korean Air Lines Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction


4

KT&G Corp.






Ticker: A033780



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Ko Sang-gon as Outside Director 3.1

Mgmt ForForForYesElect Yoon Hae-su as Outside Director 3.2

Mgmt ForForForYesElect Lee Eun-gyeong as Outside Director 3.3

Mgmt ForForForYesElect Kim Heung-ryeol as Inside Director 3.4

Mgmt ForForForYesElect Ko Sang-gon as Member of Audit Committee

4.1

Mgmt ForForForYesElect Lee Eun-gyeong as Member of Audit Committee

4.2


5

Kumho Petro Chemical Co., Ltd.






Ticker: A011780



Votable Proposal

VotingPolicy Rec

Vote Instruction






Kumho Petro Chemical Co., Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesElect Two Inside Directors and One Outside Director (Bundled)

2

Mgmt AgainstAgainstForYesElect Jeong Jin-ho as Member of Audit Committee

3


4

LG Chem Ltd.






Ticker: A051910



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect One Inside Director, Three Outside Directors, and One Non-independent Non-executive Director (Bundled)

3



5

LG Electronics Inc.






Ticker: A066570

Primary CUSIP: Y5275H177 Primary ISIN: KR7066570003 Primary SEDOL: 6520739


Votable Proposal

VotingPolicy Rec

Vote Instruction







LG Electronics Inc.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Cho Jun-ho as Inside Director 3.1.1

Mgmt ForForForYesElect Cho Seong-jin as Inside Director 3.1.2

Mgmt ForForForYesElect Lee Chang-woo as Outside Director 3.2.1

Mgmt ForForForYesElect Ju Jong-nam as Outside Director 3.2.2

Mgmt ForForForYesElect Kim Dae-hyeong as Outside Director 3.2.3

Mgmt ForForForYesElect Lee Chang-woo as Member of Audit Committee

4.1.1

Mgmt ForForForYesElect Ju Jong-nam as Member of Audit Committee

4.1.2


6

LG Household & Health Care Ltd.






Ticker: A051900

Primary CUSIP: Y5275R100 Primary ISIN: KR7051900009 Primary SEDOL: 6344456


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Cha Seok-yong as Inside Director 2.1

Mgmt ForForForYesElect Heo Seong as Inside Director 2.2

Mgmt ForForForYesElect Kim Ju-hyeong as Non-independent Non-executive Director

2.3

Mgmt ForForForYesElect Hwang I-seok as Outside Director 2.4

Mgmt ForForForYesElect Han Sang-rin as Outside Director 2.5

Mgmt ForForForYesElect Hwang I-seok as Member of Audit Committee

3.1

Mgmt ForForForYesElect Han Sang-rin as Member of Audit Committee

3.2


4




LG Uplus Corp.






Ticker: A032640



Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesElect Seonwoo Myeong-ho as Member of Audit Committee

3


4

Lotte Chemical Corp.






Ticker: A011170



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt AgainstAgainstForYesAmend Articles of Incorporation 2

Mgmt ForForForYesElect One Inside Director and Three Outside Directors (Bundled)

3



5

Lotte Shopping Co.






Ticker: A023530

Primary CUSIP: Y5346T119 Primary ISIN: KR7023530009 Primary SEDOL: B0WGPZ5




Lotte Shopping Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Four Inside Directors (Bundled) 2.1

Mgmt ForForForYesElect Four Outside Directors (Bundled) 2.2

Mgmt ForForForYesElect Three Members of Audit Committee 2.3


3

Mando Corp.






Ticker: A204320

Primary CUSIP: N/A Primary ISIN: KR7204320006 Primary SEDOL: BQJZQJ8


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Lee Cheol-young as Inside Director 3

Mgmt AgainstAgainstForYesElect Lee Jong-hwi as Member of Audit Committee

4


5

NAVER Corp.






Ticker: A035420





NAVER Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Kim Su-wook as Outside Director 2.1

Mgmt ForForForYesElect Jeong Ui-jong as Outside Director 2.2

Mgmt AgainstAgainstForYesElect Hong Jun-pyo as Outside Director 2.3

Mgmt ForForForYesElect Kim Su-wook as Member of Audit Committee

3.1

Mgmt ForForForYesElect Jeong Ui-jong as Member of Audit Committee

3.2

Mgmt AgainstAgainstForYesElect Hong Jun-pyo as Member of Audit Committee

3.3


4



Record Date:

Country: Hong Kong



Ticker: 17



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Share Offer, Option Offer and Related Transactions


Nongshim Co. Ltd.






Ticker: A004370





Nongshim Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Yoon Seok-cheol as Outside Director Mgmt Yes For For For


2

Samsung Heavy Industries Co. Ltd.






Ticker: A010140



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Park Dae-young as Inside Director 3.1

Mgmt ForForForYesElect Park Bong-heum as Outside Director 3.2

Mgmt ForForForYesElect Yoo Jae-han as Member of Audit Committee

4


5

SK Holdings Co., Ltd.






Ticker: A034730

Primary CUSIP: Y8066F103 Primary ISIN: KR7034730002 Primary SEDOL: B39Z8L3


Votable Proposal

VotingPolicy Rec

Vote Instruction






SK Holdings Co., Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesElect Chey Tae-won as Inside Director 2.1

Mgmt AgainstAgainstForYesElect Lee Yong-hui as Outside Director 2.2

Mgmt AgainstAgainstForYesElect Lee Yong-hui as Member of Audit Committee

3


4

Mgmt ForForForYesApprove Terms of Retirement Pay 5

SK Hynix Inc.






Ticker: A000660



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Kim Jun-ho as Inside Director 2.1

Mgmt ForForForYesElect Park Jeong-ho as Inside Director 2.2


3


SK Innovation Co. Ltd.






Ticker: A096770

Primary CUSIP: Y8063L103 Primary ISIN: KR7096770003 Primary SEDOL: B232R05


Votable Proposal

VotingPolicy Rec

Vote Instruction






SK Innovation Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Kim Chang-geun as Inside Director 2.1

Mgmt ForForForYesElect Yoo Jeong-jun as Inside Director 2.2

Mgmt ForForForYesElect Shin Eon as Outside Director 2.3

Mgmt ForForForYesElect Kim Jun as Outside Director 2.4

Mgmt ForForForYesElect Ha Yoon-gyeong as Outside Director 2.5

Mgmt ForForForYesElect Han Min-hui as Member of Audit Committee

3.1

Mgmt ForForForYesElect Kim Jun as Member of Audit Committee 3.2


4


SK Networks Co. Ltd.






Ticker: A001740

Primary CUSIP: Y8296C102 Primary ISIN: KR7001740000 Primary SEDOL: B04PZG1


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Choi Shin-won as Inside Director 2.1

Mgmt ForForForYesElect Cho Dae-sik as Non-independent Non-executive Director

2.2


3


SK Telecom Co.






Ticker: A017670





SK Telecom Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Cho Dae-sik as Inside Director 3.1

Mgmt ForForForYesElect Oh Dae-sik as Outside Director 3.2

Mgmt ForForForYesElect Oh Dae-sik as Member of Audit Committee

4


5


SKC Ltd.






Ticker: A011790

Primary CUSIP: Y8065Z100 Primary ISIN: KR7011790003 Primary SEDOL: 6018085


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt AgainstAgainstForYesApprove Terms of Retirement Pay 3

Mgmt ForForForYesElect Two Inside Directors (Bundled) 4.1




6




S-Oil Corp.






Ticker: A010950



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect One Inside Director, Four Non-independent Non-executive Directors, and Six Outside Directors (Bundled)

2

Mgmt ForForForYesElect Four Members of Audit Committee 3


4

Yuhan Corp.






Ticker: A000100

Primary CUSIP: Y9873D109 Primary ISIN: KR7000100008 Primary SEDOL: 6988337


Votable Proposal

VotingPolicy Rec

Vote Instruction




2


3

Berli Jucker Public Co Ltd



Country: Thailand



Ticker: BJC

Primary CUSIP: Y0872M166 Primary ISIN: TH0002010Z06 Primary SEDOL: 6094018




Berli Jucker Public Co Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Minutes of Previous Meeting Mgmt Yes For For For

Mgmt ForForForYesApprove Acquisition of Shares and Tender Offer in Big C Supercenter Public Company Ltd.

2.1

Mgmt ForForForYesApprove Acquisition of C-Distribution Asia Pte Ltd.

2.2


Bharti Infratel Ltd.



Country: India


Primary Security ID: Y0R86J109

Ticker: INFRATEL

Primary CUSIP: N/A Primary ISIN: INE121J01017 Primary SEDOL: B92P9G4


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesVariations of Terms in the Utilization of Proceeds Received from the Initial Public Offering of Shares of the Company

1

Chemring Group plc






Ticker: CHG

Primary CUSIP: G20860105 Primary ISIN: GB00B45C9X44 Primary SEDOL: B45C9X4


Votable Proposal

VotingPolicy Rec

Vote Instruction








Chemring Group plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Peter Hickson as Director 4

Mgmt ForForForYesRe-elect Steve Bowers as Director 5

Mgmt ForForForYesRe-elect Sarah Ellard as Director 6

Mgmt ForForForYesRe-elect Michael Flowers as Director 7

Mgmt ForForForYesRe-elect Andy Hamment as Director 8

Mgmt ForForForYesRe-elect Nigel Young as Director 9



11


12

Mgmt ForForForYesApprove Performance Share Plan 13

Mgmt ForForForYes Authorise Issue of Equity without Pre-emptive Rights

14



16



Record Date:

Country: Egypt



Ticker: COMI

Primary CUSIP: M25561107 Primary ISIN: EGS60121C018 Primary SEDOL: 6243898


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Employee and Executive Stock Option Plan


Mgmt ForForForYesAmend Articles 6 and 7 : Authorize The Board to Amend Articles of Bylaws every Time the Board Decides to Increase the Capital

2

Mgmt ForForForYesAuthorize Issuance of Bonds/Debentures up to EGP 8 Billion

3




Johnston Press plc






Ticker: JPR

Primary CUSIP: G51688102 Primary ISIN: GB00BRK8Y334 Primary SEDOL: BRK8Y33


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Acquisition of the Business and Certain Assets of i


PT Bank Mandiri (Persero) Tbk



Country: Indonesia



Ticker: BMRI

Primary CUSIP: Y7123S108 Primary ISIN: ID1000095003 Primary SEDOL: 6651048


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Financial Statements, Statutory Reports, and Discharge of Directors and Commissioners



Mgmt ForForForYesApprove Remuneration and Bonus of Directors and Commissioners

3

Mgmt ForForForYesAppoint Auditors of the Company and the Partnership and Community Development Program (PCDP)

4

Mgmt AgainstAgainstForYesAmend Pension Funds 5

Mgmt AgainstAgainstForYesApprove the Management and Employee Stock Option Program (MESOP)

6


Tav Havalimanlari Holding AS


Record Date:

Country: Turkey


Primary Security ID: M8782T109

Ticker: TAVHL

Primary CUSIP: M8782T109 Primary ISIN: TRETAVH00018 Primary SEDOL: B1RMFT9




Tav Havalimanlari Holding AS


Votable Proposal

VotingPolicy Rec

Vote Instruction

Annual Meeting Agenda Mgmt No

Mgmt ForForForYesOpen Meeting and Elect Presiding Council of Meeting

1

Mgmt ForForForYesAccept Board Report 2

Mgmt ForForForYesAccept Audit Report 3

Mgmt ForForForYesAccept Financial Statements 4

Mgmt ForForForYesApprove Discharge of Board 5

Mgmt ForForForYesApprove Dividends 6

Mgmt AgainstAgainstForYesApprove Director Remuneration 7

Mgmt ForForForYesRatify Director Appointment 8

Mgmt ForForForYesRatify External Auditors 9

Mgmt NoReceive Information on Remuneration Policy 10

Mgmt AgainstAgainstForYesReceive Information on Charitable Donations for 2015 and Approve Upper Limit of the Donations for 2016

11


Mgmt NoReceive Information on Related Party Transactions

13

Mgmt NoReceive Information on the Guarantees, Pledges, and Mortgages Provided by the Company to Third Parties

14

Mgmt ForForForYesGrant Permission for Board Members to Engage in Commercial Transactions with Company and Be Involved with Companies with Similar Corporate Purpose

15

Mgmt NoWishes 16


Banco de Credito e Inversiones (BCI)



Country: Chile



Ticker: BCI

Primary CUSIP: P32133111 Primary ISIN: CLP321331116 Primary SEDOL: 2069355






Votable Proposal

VotingPolicy Rec

Vote Instruction

a Approve Financial Statements and Statutory Reports


Mgmt ForForForYesApprove Allocation of Income and Dividends of CLP 1,000 Per Share

b

Mgmt AgainstAgainstForYesElect Directors c

Mgmt ForForForYesApprove Remuneration of Directors d

Mgmt ForForForYesApprove Remuneration of Directors and Budget of Directors' Committee and Their Advisers

e

Mgmt ForForForYesAppoint Auditors and Risk Assessment Companies

f

Mgmt NoInform Matters Examined by Directors' Committee and Resolutions Adopted by Board to Approve Related-Party Transactions

g

Mgmt NoReceive 2015 Activity Report from Directors' Committee Including Report from Their Advisers

h


i


j

Mgmt NoTransact Other Business (Non-Voting) k




Country: Chile



Ticker: BCI

Primary CUSIP: P32133111 Primary ISIN: CLP321331116 Primary SEDOL: 2069355


Votable Proposal

VotingPolicy Rec

Vote Instruction

a Authorize Capitalization of CLP 54.6 Billion via Bonus Stock Issuance; Authorize Capitalization of CLP 165.41 Billion Without Bonus Stock Issuance


Mgmt AgainstAgainstForYesAmend Articles to Reflect Changes in Capital b






Votable Proposal

VotingPolicy Rec

Vote Instruction


c

IDBI Bank Limited



Country: India



Ticker: 500116



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Issuance of Shares to Life Insurance Corporation of India


Korea Electric Power Corp.






Ticker: A015760



Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Turk Traktor ve Ziraat Makineleri AS


Record Date:

Country: Turkey



Ticker: TTRAK

Primary CUSIP: M9044T101 Primary ISIN: TRETTRK00010 Primary SEDOL: B03MYM2




Turk Traktor ve Ziraat Makineleri AS


Votable Proposal

VotingPolicy Rec

Vote Instruction



1







Mgmt ForForForYesReceive Information on Remuneration Policy and Approve Remuneration Paid to Board Members and Top Management

8

Mgmt ForForForYesApprove Director Remuneration 9


Mgmt AgainstAgainstForYesReceive Information on Charitable Donations for 2015 and Approve the Upper Limit of the Donations for 2016

11


12


13

Mgmt NoWishes 14

BlackRock Throgmorton Trust plc






Ticker: THRG





BlackRock Throgmorton Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesRe-elect Jean Matterson as Director 4

Mgmt ForForForYesRe-elect Eric Stobart as Director 5



7


8


9


Chongqing Changan Automobile Co., Ltd.



Country: China



Ticker: 200625

Primary CUSIP: Y1584K100 Primary ISIN: CNE000000R36 Primary SEDOL: 6193948


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Amendments to Articles of Association

1

Mgmt NoELECTION OF NON-INDEPENDENT DIRECTORS

Mgmt ForForForYesElect Xu Liuping as Non-Independent Director 2.1

Mgmt ForForForYesElect Zhang Baolin as Non-Independent Director

2.2

Mgmt ForForForYesElect Zhu Huarong as Non-Independent Director

2.3




Chongqing Changan Automobile Co., Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Zhou Zhiping as Non-Independent Director

2.4

Mgmt ForForForYesElect Tan Xiaogang as Non-Independent Director

2.5

Mgmt ForForForYesElect Wang Xiaoxiang as Non-Independent Director

2.6

Mgmt ForForForYesElect Wang Kun as Non-Independent Director 2.7

Mgmt NoELECTION OF INDEPENDENT DIRECTORS

Mgmt ForForForYesElect Shuai Tianlong as Independent Director 2.8

Mgmt ForForForYesElect Liu Jipeng as Independent Director 2.9

Mgmt ForForForYesElect Li Xiang as Independent Director 2.10

Mgmt ForForForYesElect Li Qingwen as Independent Director 2.11

Mgmt ForForForYesElect Tan Xiaosheng as Independent Director 2.12

Mgmt ForForForYesElect Hu Yu as Independent Director 2.13

Mgmt ForForForYesElect Pang Yong as Independent Director 2.14

Mgmt ForForForYesElect Chen Quanshi as Independent Director 2.15

Mgmt NoELECTION OF SUPERVISORS

Mgmt ForForForYesElect Xiao Yong as Supervisor 3.1

Mgmt ForForForYesElect Sun Dahong as Supervisor 3.2

Mgmt ForForForYesElect Zhao Huixia as Supervisor 3.3

Coca-Cola West Co Ltd



Country: Japan


Primary Security ID: J0814U109

Ticker: 2579

Primary CUSIP: J0814U109 Primary ISIN: JP3293200006 Primary SEDOL: 6163286


Votable Proposal

VotingPolicy Rec

Vote Instruction






Coca-Cola West Co Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAmend Articles to Abolish Board Structure with Statutory Auditors - Adopt Board Structure with Audit Committee - Authorize Directors to Execute Day to Day Operations without Full Board Approval - Increase Maximum Board Size - Indemnify Directors

2

Mgmt ForForForYesElect Director Yoshimatsu, Tamio 3.1

Mgmt ForForForYesElect Director Shibata, Nobuo 3.2

Mgmt ForForForYesElect Director Takemori, Hideharu 3.3

Mgmt ForForForYesElect Director Fukami, Toshio 3.4

Mgmt ForForForYesElect Director Okamoto, Shigeki 3.5

Mgmt ForForForYesElect Director Fujiwara, Yoshiki 3.6

Mgmt ForForForYesElect Director Koga, Yasunori 3.7

Mgmt ForForForYesElect Director Hombo, Shunichiro 3.8

Mgmt ForForForYesElect Director Miura, Zenji 3.9

Mgmt ForForForYesElect Director Vikas Tiku 3.10

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Miyaki, Hiroyoshi

4.1

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Taguchi, Tadanori

4.2

Mgmt ForForForYesElect Director and Audit Committee Member Ichiki, Gotaro

4.3

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Isoyama, Seiji

4.4

Mgmt ForForForYesElect Director and Audit Committee Member Ogami, Tomoko

4.5


5


6

Dexion Absolute Ltd



Country: Guernsey



Ticker: DAB

Primary CUSIP: G2751C103 Primary ISIN: GB0032287020 Primary SEDOL: 3228702




Dexion Absolute Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Special Resolution Mgmt No

Mgmt ForForForYesApprove Proposals for a Voluntary Winding Up of the Company

1

Mgmt NoExtraordinary Resolution

Mgmt ForForForYesApprove Distribution of Company Assets in Specie to the Members in Accordance with Their Existing Rights

2

Hulic Co., Ltd.



Country: Japan



Ticker: 3003



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAmend Articles to Indemnify Directors - Indemnify Statutory Auditors

2

Mgmt ForForForYesElect Director Nishiura, Saburo 3.1

Mgmt ForForForYesElect Director Yoshidome, Manabu 3.2

Mgmt ForForForYesElect Director Shiga, Hidehiro 3.3

Mgmt ForForForYesElect Director Furuichi, Shinji 3.4

Mgmt ForForForYesElect Director Kobayashi, Hajime 3.5

Mgmt ForForForYesElect Director Maeda, Takaya 3.6

Mgmt ForForForYesElect Director Miyajima, Tsukasa 3.7

Mgmt ForForForYesElect Director Yamada, Hideo 3.8

Mgmt ForForForYesElect Director Fukushima, Atsuko 3.9

Mgmt ForForForYesElect Director Takahashi, Kaoru 3.10

Mgmt AgainstAgainstForYesAppoint Statutory Auditor Nezu, Koichi 4.1




Hulic Co., Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAppoint Statutory Auditor Kobayashi, Nobuyuki

4.2

Mgmt AgainstAgainstForYesAppoint Statutory Auditor Sekiguchi, Kenichi 4.3

Mgmt AgainstAgainstForYesAppoint Alternate Statutory Auditor Ohara, Hisanori

5

Mgmt ForForForYesApprove Equity Compensation Plan 6

Japan Tobacco Inc



Country: Japan



Ticker: 2914



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAmend Articles to Clarify Director Authority on Shareholder Meetings - Clarify Director Authority on Board Meetings - Indemnify Directors - Indemnify Statutory Auditors

2

Mgmt ForForForYesElect Director Tango, Yasutake 3.1

Mgmt ForForForYesElect Director Koizumi, Mitsuomi 3.2

Mgmt ForForForYesElect Director Shingai, Yasushi 3.3

Mgmt ForForForYesElect Director Iwai, Mutsuo 3.4

Mgmt ForForForYesElect Director Miyazaki, Hideki 3.5

Mgmt ForForForYesElect Director Oka, Motoyuki 3.6

Mgmt ForForForYesElect Director Koda, Main 3.7

Mgmt ForForForYesAppoint Alternate Statutory Auditor Masaki, Michio

4

JSW Energy Ltd.



Country: India



Ticker: 533148

Primary CUSIP: N/A Primary ISIN: INE121E01018 Primary SEDOL: B4X3ST8




JSW Energy Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove JSWEL Employees Stock Ownership Plan - 2016 (the Plan)

1

Mgmt ForForForYesApprove Grant of Stock Options to Employees and Subsidiaries of the Company Under the Plan

2

Mgmt ForForForYesAuthorize Trust to Undertake Secondary Acquisition of Shares for the Implementation of the Plan

3

Mgmt ForForForYesApprove Provision of Money to the Trust for Purchase of Shares of the Company for Implementation of the Plan

4

Mgmt ForForForYesElect Rakesh Nath as Independent Director 5

Migros Ticaret AS


Record Date:

Country: Turkey


Primary Security ID: M7024Q105

Ticker: MGROS

Primary CUSIP: M7024Q105 Primary ISIN: TREMGTI00012 Primary SEDOL: B50PPK4


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesOpen Meeting, Elect Presiding Council of Meeting and Authorize Presiding Council to Sign Minutes of Meeting

1




Mgmt ForForForYesRatify Director Appointments 5



Mgmt NoReceive Information on Profit Distribution Policy for 2016

8




Migros Ticaret AS


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Directors 9



Mgmt NoReceive Information on Disclosure Policy 12

Mgmt ForForForYesReceive Information on Charitable Donations for 2015 and Approve Upper Limit of the Donations for 2016

13

Mgmt ForForForYesApprove Donation Policy 14


Mgmt NoReceive Information on Guarantees, Pledges and Mortgages Provided by the Company to Third Parties

16


17

Mgmt NoWishes 18

PT Bank Rakyat Indonesia (Persero) Tbk



Country: Indonesia



Ticker: BBRI

Primary CUSIP: Y0697U104 Primary ISIN: ID1000118201 Primary SEDOL: 6709099


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Annual Report, Financial Statements, Statutory Reports, and Discharge of Directors and Commissioners



Mgmt ForForForYesApprove Remuneration and Tantieme of Directors and Commissioners

3

Mgmt ForForForYesAppoint Auditors of the Company and the Partnership and Community Development Program (PCDP)

4

Mgmt AgainstAgainstForYesApprove the Management and Employee Stock Option Program (MESOP)

5





RM plc






Ticker: RM.

Primary CUSIP: G76053118 Primary ISIN: GB00BJT0FF39 Primary SEDOL: BJT0FF3


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRe-elect John Poulter as Director 3

Mgmt ForForForYesRe-elect Lord Andrew Adonis as Director 4

Mgmt ForForForYesRe-elect David Brooks as Director 5

Mgmt ForForForYesRe-elect Patrick Martell as Director 6

Mgmt ForForForYesRe-elect Deena Mattar as Director 7

Mgmt ForForForYesElect Neil Martin as Director 8



10



12


13



15


Votable Proposal

VotingPolicy Rec

Vote Instruction


1


Mgmt ForForForYesRe-elect John Poulter as Director 3

Mgmt ForForForYesRe-elect Lord Andrew Adonis as Director 4

Mgmt ForForForYesRe-elect David Brooks as Director 5




RM plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Patrick Martell as Director 6

Mgmt ForForForYesRe-elect Deena Mattar as Director 7

Mgmt ForForForYesElect Neil Martin as Director 8



10



12


13



15

Safestore Holdings plc






Ticker: SAFE

Primary CUSIP: G77733106 Primary ISIN: GB00B1N7Z094 Primary SEDOL: B1N7Z09


Votable Proposal

VotingPolicy Rec

Vote Instruction






4


Mgmt ForForForYesRe-elect Alan Lewis as Director 6

Mgmt ForForForYesRe-elect Keith Edelman as Director 7

Mgmt ForForForYesRe-elect Frederic Vecchioli as Director 8

Mgmt ForForForYesRe-elect Andy Jones as Director 9




Safestore Holdings plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Ian Krieger as Director 10

Mgmt ForForForYesRe-elect Joanne Kenrick as Director 11


12


13


14



16


Votable Proposal

VotingPolicy Rec

Vote Instruction


1




4


Mgmt ForForForYesRe-elect Alan Lewis as Director 6

Mgmt ForForForYesRe-elect Keith Edelman as Director 7

Mgmt ForForForYesRe-elect Frederic Vecchioli as Director 8

Mgmt ForForForYesRe-elect Andy Jones as Director 9

Mgmt ForForForYesRe-elect Ian Krieger as Director 10

Mgmt ForForForYesRe-elect Joanne Kenrick as Director 11


12


13


14



16




St. Modwen Properties plc






Ticker: SMP



Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesElect Rob Hudson as Director 4

Mgmt ForForForYesRe-elect Ian Bull as Director 5

Mgmt ForForForYesRe-elect Steve Burke as Director 6

Mgmt ForForForYesRe-elect Kay Chaldecott as Director 7

Mgmt ForForForYesRe-elect Simon Clarke as Director 8

Mgmt ForForForYesRe-elect Lesley James as Director 9


Mgmt ForForForYesRe-elect Bill Oliver as Director 11

Mgmt ForForForYesRe-elect Bill Shannon as Director 12



14


15


16



18



Votable Proposal

VotingPolicy Rec

Vote Instruction




St. Modwen Properties plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesElect Rob Hudson as Director 4

Mgmt ForForForYesRe-elect Ian Bull as Director 5

Mgmt ForForForYesRe-elect Steve Burke as Director 6

Mgmt ForForForYesRe-elect Kay Chaldecott as Director 7

Mgmt ForForForYesRe-elect Simon Clarke as Director 8

Mgmt ForForForYesRe-elect Lesley James as Director 9


Mgmt ForForForYesRe-elect Bill Oliver as Director 11

Mgmt ForForForYesRe-elect Bill Shannon as Director 12



14


15


16



18


Waha Capital PJSC





Primary Security ID: M7515R109

Ticker: WAHA

Primary CUSIP: M7515R109 Primary ISIN: AEA000701010 Primary SEDOL: B1X5Y51


Votable Proposal

VotingPolicy Rec

Vote Instruction





Waha Capital PJSC


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Board Report on Company Operations for FY Ended on Dec.31, 2015

1

Mgmt ForForForYesApprove Auditors' Report on Company Financial Statements for FY 2015

2

Mgmt ForForForYesAccept Financial Statements and Statutory Reports for FY 2015

3

Mgmt ForForForYesApprove Dividends of AED 0.20 per Share in Cash for FY 2015

4


5




8



9

Mgmt ForForForYesApprove Charitable Donations up to 2 Percent of Average Net Profits for FY 2014 and 2015

10

Wireless Group plc






Ticker: WLG

Primary CUSIP: G9309S100 Primary ISIN: GB00B244WQ16 Primary SEDOL: B244WQ1


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Return of Cash to Shareholders by Way of B Share Scheme and Share Capital Consolidation


Agthia Group PJSC






Ticker: AGTHIA

Primary CUSIP: M4028G100 Primary ISIN: AEA001901015 Primary SEDOL: B0LWKV5




Agthia Group PJSC


Votable Proposal

VotingPolicy Rec

Vote Instruction



1


2


3

Mgmt ForForForYesApprove Cash Dividends of 12.5 Percent of Share Nominal Value

4



Mgmt ForForForYesApprove Remuneration of Directors up to an Aggregate Amount of AED 1.4 Million for FY 2015

7


8

Mgmt ForForForYesRatify Appointment of Salem Al Dhaheri as Director

9



1

Mgmt ForForForYesApprove Authorized Capital at AED 1 Billion 2

Asahi Group Holdings Ltd.



Country: Japan



Ticker: 2502



Votable Proposal

VotingPolicy Rec

Vote Instruction






Asahi Group Holdings Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAmend Articles to Authorize Internet Disclosure of Shareholder Meeting Materials - Indemnify Directors - Indemnify Statutory Auditors

2

Mgmt ForForForYesElect Director Izumiya, Naoki 3.1

Mgmt ForForForYesElect Director Takahashi, Katsutoshi 3.2

Mgmt ForForForYesElect Director Okuda, Yoshihide 3.3

Mgmt ForForForYesElect Director Koji, Akiyoshi 3.4

Mgmt ForForForYesElect Director Bando, Mariko 3.5

Mgmt ForForForYesElect Director Tanaka, Naoki 3.6

Mgmt ForForForYesElect Director Kagami, Noboru 3.7

Mgmt ForForForYesElect Director Hamada, Kenji 3.8

Mgmt ForForForYesElect Director Kitagawa, Ryoichi 3.9

Mgmt ForForForYesElect Director Kosaka, Tatsuro 3.10

Mgmt ForForForYesAppoint Statutory Auditor Tsunoda, Tetsuo 4


Banco de Chile



Country: Chile


Primary Security ID: P0939W108

Ticker: CHILE

Primary CUSIP: P0939W108 Primary ISIN: CLP0939W1081 Primary SEDOL: 2100845


Votable Proposal

VotingPolicy Rec

Vote Instruction

a Approve Financial Statements and Statutory Reports


Mgmt ForForForYesApprove Allocation of Income and Dividends of CLP 3.38 Per Share

b

Mgmt AgainstAgainstForYesElect Directors c

Mgmt ForForForYesApprove Remuneration of Directors d

Mgmt ForForForYesApprove Remuneration and Budget of Directors and Audit Committee

e

Mgmt ForForForYesAppoint Auditors f




Banco de Chile


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt NoPresent Directors and Audit Committee's Report

g


h

Mgmt NoTransact Other Business (Non-Voting) i

Banco de Chile



Country: Chile



Ticker: CHILE



Votable Proposal

VotingPolicy Rec

Vote Instruction

a Authorize Increase in Capital via Capitalization of 30 Percent of Distributable Net Income for FY 2015; Amend Articles to Reflect Changes in Capital; Authorize Board to Ratify and Execute Approved Resolutions


Banco de Chile



Country: Chile



Ticker: CHILE



Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt NoOrdinary Business


1

Mgmt ForForForYesApprove Allocation of Income and Dividends of CLP 3.38 Per Share

2






Banco de Chile


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Remuneration and Budget of Directors and Audit Committee

5


Mgmt NoPresent Directors and Audit Committee's Report

7


8

Mgmt NoTransact Other Business (Non-Voting) 9


Mgmt ForForForYesAuthorize Increase in Capital via Capitalization of 30 Percent of Distributable Net Income for FY 2015; Amend Articles to Reflect Changes in Capital; Authorize Board to Ratify and Execute Approved Resolutions

1

Beazley plc



Country: Jersey


Primary Security ID: G1143Q101

Ticker: BEZ

Primary CUSIP: G1143Q101 Primary ISIN: JE00B64G9089 Primary SEDOL: B64G908


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesApprove Second Interim Dividend 3


Mgmt ForForForYesRe-elect George Blunden as Director 5

Mgmt ForForForYesRe-elect Martin Bride as Director 6

Mgmt ForForForYesRe-elect Adrian Cox as Director 7

Mgmt AgainstForForYesRe-elect Angela Crawford-Ingle as Director 8

Mgmt ForForForYesRe-elect Dennis Holt as Director 9

Mgmt ForForForYesRe-elect Andrew Horton as Director 10

Mgmt ForForForYesRe-elect Neil Maidment as Director 11




Beazley plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Vincent Sheridan as Director 12

Mgmt ForForForYesRe-elect Clive Washbourn as Director 13

Mgmt ForForForYesElect Sir Andrew Likierman as a Director 14

Mgmt ForForForYesElect Catherine Woods as a Director 15


Mgmt ForForForYesAuthorize Board to Fix Remuneration of Auditors

17

Mgmt ForForForYesApprove Savings-Related Share Option Plan for U.S. Employees

18


19


20



22


Votable Proposal

VotingPolicy Rec

Vote Instruction


1


Mgmt ForForForYesApprove Second Interim Dividend 3


Mgmt ForForForYesRe-elect George Blunden as Director 5

Mgmt ForForForYesRe-elect Martin Bride as Director 6

Mgmt ForForForYesRe-elect Adrian Cox as Director 7

Mgmt ForForForYesRe-elect Angela Crawford-Ingle as Director 8

Mgmt ForForForYesRe-elect Dennis Holt as Director 9

Mgmt ForForForYesRe-elect Andrew Horton as Director 10

Mgmt ForForForYesRe-elect Neil Maidment as Director 11

Mgmt ForForForYesRe-elect Vincent Sheridan as Director 12

Mgmt ForForForYesRe-elect Clive Washbourn as Director 13




Beazley plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Sir Andrew Likierman as a Director 14

Mgmt ForForForYesElect Catherine Woods as a Director 15


Mgmt ForForForYesAuthorize Board to Fix Remuneration of Auditors

17

Mgmt ForForForYesApprove Savings-Related Share Option Plan for U.S. Employees

18


19


20



22

Beazley plc



Country: Jersey

Meeting Type: Court


Ticker: BEZ



Votable Proposal

VotingPolicy Rec

Vote Instruction



Beazley plc



Country: Jersey



Ticker: BEZ





Beazley plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Matters Relating to the Establishment of New Beazley as the New Parent Company of the Beazley Group


Mgmt ForForForYesApprove Capital Reduction 2


3

Mgmt ForForForYesApprove New Long Term Incentive Plan 4(a)

Mgmt ForForForYesApprove New SAYE Plan 4(b)

Mgmt ForForForYesApprove New US SAYE Plan 4(c)


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Matters Relating to the Establishment of New Beazley as the New Parent Company of the Beazley Group

1

Mgmt ForForForYesApprove Capital Reduction 2


3

Mgmt ForForForYesApprove New Long Term Incentive Plan 4(a)

Mgmt ForForForYesApprove New SAYE Plan 4(b)

Mgmt ForForForYesApprove New US SAYE Plan 4(c)

Bridgestone Corp.



Country: Japan



Ticker: 5108



Votable Proposal

VotingPolicy Rec

Vote Instruction






Bridgestone Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAmend Articles to Abolish Board Structure with Statutory Auditors - Adopt Board Structure with Three Committees - Indemnify Directors

2

Mgmt ForForForYesElect Director Tsuya, Masaaki 3.1

Mgmt ForForForYesElect Director Nishigai, Kazuhisa 3.2

Mgmt ForForForYesElect Director Masunaga, Mikio 3.3

Mgmt ForForForYesElect Director Togami, Kenichi 3.4

Mgmt ForForForYesElect Director Tachibana Fukushima, Sakie 3.5

Mgmt ForForForYesElect Director Scott Trevor Davis 3.6

Mgmt ForForForYesElect Director Okina, Yuri 3.7

Mgmt ForForForYesElect Director Masuda, Kenichi 3.8

Mgmt ForForForYesElect Director Yamamoto, Kenzo 3.9

Mgmt ForForForYesElect Director Terui, Keiko 3.10

Mgmt ForForForYesElect Director Sasa, Seiichi 3.11

Mgmt ForForForYesApprove Annual Bonus 4

China Galaxy Securities Co Ltd



Country: China



Ticker: 6881

Primary CUSIP: N/A Primary ISIN: CNE100001NT6 Primary SEDOL: B92NYF2


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Amendments to the A Share Offering Plan and Extension of its Validity Period


Mgmt ForForForYesApprove Amendments to the Authorizations Concerning the A Share Offering and Extension of its Validity Period

2

Mgmt ForForForYesApprove Dilution of Current Returns as a Result of the A Share Offering and the Remedial Measures to be Adopted

3

Mgmt ForForForYesApprove Connected Transactions with Bank of Tianjin for the Year 2015

4






Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Connected Transactions with Bank of Tianjin for the Year 2016

5

Mgmt ForForForYesApprove Connected Transactions with China Investment Securities for the Year 2016

6

Mgmt ForForForYesApprove Connected Transactions with Galaxy Fund

7




Country: China



Ticker: 6881

Primary CUSIP: N/A Primary ISIN: CNE100001NT6 Primary SEDOL: B92NYF2


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Amendments to the A Share Offering Plan and Extension of its Validity Period

1

Mgmt ForForForYesApprove Amendments to the Authorizations Concerning the A Share Offering and Extension of its Validity Period

2

Mgmt ForForForYesApprove Dilution of Current Returns as a Result of the A Share Offering and the Remedial Measures to be Adopted

3

China Huarong Energy Company Limited


Record Date:




Ticker: 01101

Primary CUSIP: N/A Primary ISIN: KYG2116D1016 Primary SEDOL: BWZMH81


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Share Consolidation Mgmt Yes For For For

Mgmt AgainstAgainstForYesApprove Increase in Authorized Share Capital 2

Mgmt AgainstAgainstForYesApprove 1st Specific Mandate and Related Transactions

3




China Huarong Energy Company Limited


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesApprove 2nd Specific Mandate and Related Transactions

4

Chugai Pharmaceutical Co. Ltd.



Country: Japan



Ticker: 4519



Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesElect Director Nagayama, Osamu 3.1

Mgmt ForForForYesElect Director Ueno, Motoo 3.2

Mgmt ForForForYesElect Director Kosaka, Tatsuro 3.3

Mgmt ForForForYesElect Director Itaya, Yoshio 3.4

Mgmt ForForForYesElect Director Tanaka, Yutaka 3.5

Mgmt ForForForYesElect Director Ikeda, Yasuo 3.6

Mgmt AgainstAgainstForYesElect Director Franz B. Humer 3.7

Mgmt ForForForYesElect Director Sophie Kornowski-Bonnet 3.8

Mgmt AgainstAgainstForYesAppoint Statutory Auditor Hara, Hisashi 4.1

Mgmt ForForForYesAppoint Statutory Auditor Nimura, Takaaki 4.2

Mgmt ForForForYesAppoint Alternate Statutory Auditor Fujii, Yasunori

5

DMG Mori Seiki Co. Ltd.



Country: Japan



Ticker: 6141





DMG Mori Seiki Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Mori, Masahiko 2.1

Mgmt ForForForYesElect Director Kondo, Tatsuo 2.2

Mgmt ForForForYesElect Director Tamai, Hiroaki 2.3

Mgmt ForForForYesElect Director Takayama, Naoshi 2.4

Mgmt ForForForYesElect Director Oishi, Kenji 2.5

Mgmt ForForForYesElect Director Kobayashi, Hirotake 2.6

Mgmt ForForForYesElect Director Aoyama, Tojiro 2.7

Mgmt ForForForYesElect Director Nomura, Tsuyoshi 2.8

Hoshizaki Electric Co., Ltd.



Country: Japan



Ticker: 6465

Primary CUSIP: J23254105 Primary ISIN: JP3845770001 Primary SEDOL: B3FF8W8


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles to Change Company Name - Abolish Board Structure with Statutory Auditors - Adopt Board Structure with Audit Committee - Authorize Directors to Execute Day to Day Operations without Full Board Approval - Increase Maximum Board Size


Mgmt ForForForYesElect Director Sakamoto, Seishi 2.1

Mgmt ForForForYesElect Director Hongo, Masami 2.2

Mgmt ForForForYesElect Director Kawai, Hideki 2.3

Mgmt ForForForYesElect Director Ogawa, Keishiro 2.4

Mgmt ForForForYesElect Director Maruyama, Satoru 2.5

Mgmt ForForForYesElect Director Kobayashi, Yasuhiro 2.6

Mgmt ForForForYesElect Director Ogura, Daizo 2.7




Hoshizaki Electric Co., Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director Ozaki, Tsukasa 2.8

Mgmt ForForForYesElect Director Tsunematsu, Koichi 2.9

Mgmt ForForForYesElect Director Ochiai, Shinichi 2.10

Mgmt ForForForYesElect Director Furukawa, Yoshio 2.11

Mgmt ForForForYesElect Director and Audit Committee Member Kitagaito, Hiromitsu

3.1

Mgmt ForForForYesElect Director and Audit Committee Member Onoda, Chikai

3.2

Mgmt ForForForYesElect Director and Audit Committee Member Motomatsu, Shigeru

3.3

Mgmt ForForForYesElect Alternate Director and Audit Committee Member Suzuki, Takeshi

4.1

Mgmt ForForForYesElect Alternate Director and Audit Committee Member Suzuki, Tachio

4.2


5


6

Mgmt AgainstAgainstForYesApprove Director Retirement Bonus 7

ICAP plc






Ticker: IAP



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Matters Relating to the Scheme of Arrangement



Mgmt ForForForYesAuthorise Issue of Equity with and without Pre-emptive Rights

3

Mgmt ForForForYesApprove the Transaction 4

Mgmt ForForForYesApprove Newco Reduction of Capital, the Demerger and the Share Consolidation

5




ICAP plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Newco 2016 Performance Share Plan 6

Mgmt ForForForYesApprove Newco 2016 Long Term Incentive Plan

7

Mgmt ForForForYesApprove Newco 2016 Deferred Share Bonus Plan

8

Mgmt ForForForYesApprove Newco 2016 Unapproved Company Share Option Plan

9

Mgmt ForForForYesApprove Newco 2016 Sharesave Plan 10

Mgmt ForForForYesAuthorise Directors to Modify Employee Share Plans

11

Mgmt ForForForYesAuthorise Directors to Establish Further Employee Share Plans

12

ICAP plc




Meeting Type: Court


Ticker: IAP



Votable Proposal

VotingPolicy Rec

Vote Instruction



JSW Steel Ltd.



Country: India



Ticker: 500228

Primary CUSIP: N/A Primary ISIN: INE019A01020 Primary SEDOL: 6101640


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove JSWSL Employees Stock Ownership Plan - 2016 (ESOP Plan 2016)

1




JSW Steel Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Grant of Options to the Employees of Indian Subsidiary Companies under ESOP Plan 2016

2

Mgmt ForForForYesAuthorize JSW Steel Employees Welfare Trust for Secondary Market Acquisition of Shares for the Implementation of the ESOP Plan 2016

3

Kyowa Hakko Kirin Co Ltd



Country: Japan



Ticker: 4151



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Allocation of Income, with a Final Dividend of JPY 12.5



2

Mgmt ForForForYesElect Director Hanai, Nobuo 3.1

Mgmt ForForForYesElect Director Kawai, Hiroyuki 3.2

Mgmt ForForForYesElect Director Tachibana, Kazuyoshi 3.3

Mgmt ForForForYesElect Director Mikayama, Toshifumi 3.4

Mgmt ForForForYesElect Director Sato, Yoichi 3.5

Mgmt ForForForYesElect Director Ito, Akihiro 3.6

Mgmt ForForForYesElect Director Nishikawa, Koichiro 3.7

Mgmt ForForForYesElect Director Leibowitz, Yoshiko 3.8

Mgmt AgainstAgainstForYesAppoint Statutory Auditor Shimizu, Akira 4

Mgmt AgainstAgainstForYesApprove Deep Discount Stock Option Plan 5

LG Hausys Ltd.





Primary Security ID: Y5277J106

Ticker: A108670

Primary CUSIP: Y5277J106 Primary ISIN: KR7108670001 Primary SEDOL: B55SJJ5




LG Hausys Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesElect Kim Young-ik as Member of Audit Committee

3


4

mBank S.A.



Country: Poland


Primary Security ID: X0742L100

Ticker: MBK

Primary CUSIP: X0742L100 Primary ISIN: PLBRE0000012 Primary SEDOL: 4143053


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt NoReceive Presentation by CEO; Receive Management Board Reports, Financial Statements and Consolidated Financial Statements

4

Mgmt NoReceive Presentation by Supervisory Board Chairman; Receive Report of Supervisory Board on Bank's Operations

5

Mgmt NoReceive Management and Supervisory Board Reports on Company's Operations and Financial Statements

6

Mgmt NoReceive Management Board Report on Group's Operations and Consolidated Financial Statements

7

Mgmt ForForForYesApprove Management Board Report and Financial Statements

8.1

Mgmt ForForForYesApprove Allocation of Income from Previous Years

8.2




mBank S.A.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Allocation of 2015 Income 8.3

Mgmt ForForForYesApprove Discharge of Cezary Sztypulkowski (CEO)

8.4

Mgmt ForForForYesApprove Discharge of Lidia Jablonowska-Luba (Management Board Member)

8.5

Mgmt ForForForYesApprove Discharge of Przemyslaw Gdanski (Management Board Member)

8.6

Mgmt ForForForYesApprove Discharge of Hans Dieter Kemler (Management Board Member)

8.7

Mgmt ForForForYesApprove Discharge of Jaroslaw Mastalerz (Management Board Member)

8.8

Mgmt ForForForYesApprove Discharge of Cezary Kocik (Management Board Member)

8.9

Mgmt ForForForYesApprove Discharge of Joerg Hessenmueller (Management Board Member)

8.10

Mgmt ForForForYesElect Marcus Chromik as Supervisory Board Member

8.11

Mgmt ForForForYesApprove Discharge of Maciej Lesny (Chairman of Supervisory Board)

8.12

Mgmt ForForForYesApprove Discharge of Andre Carls (Supervisory Board Member)

8.13

Mgmt ForForForYesApprove Discharge of Thorsten Kanzler (Supervisory Board Member)

8.14

Mgmt ForForForYesApprove Discharge of Martin Blessing (Supervisory Board Member)

8.15

Mgmt ForForForYesApprove Discharge of Wieslaw Thor (Supervisory Board Member)

8.16

Mgmt ForForForYesApprove Discharge of Teresa Mokrysz (Supervisory Board Member)

8.17

Mgmt ForForForYesApprove Discharge of Waldemar Stawski (Supervisory Board Member)

8.18

Mgmt ForForForYesApprove Discharge of Marek Wierzbowski (Supervisory Board Member)

8.19

Mgmt ForForForYesApprove Discharge of Stephan Engels (Supervisory Board Member)

8.20

Mgmt ForForForYesApprove Discharge of Martin Zielke (Supervisory Board Member)

8.21

Mgmt ForForForYesApprove Discharge of Agnieszka Slomka-Golebiowska (Supervisory Board Member)

8.22

Mgmt ForForForYesApprove Discharge of Stefan Schmittmann (Supervisory Board Member)

8.23




mBank S.A.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Management Board Report on Group's Operations and Consolidated Financial Statements in Fiscal 2015

8.24

Mgmt ForForForYesAmend Statute 8.25

Mgmt ForForForYesAmend Regulations on General Meetings 8.26

Mgmt ForForForYesApprove Division of mWealth Management Spolka Akcyjna

8.27

Mgmt ForForForYesApprove Division of Dom Maklerski mBanku Spolka Akcyjna

8.28

Mgmt ForForForYesApprove Remuneration of Members of Management Board and Persons Holding Key Positions

8.29

Mgmt AgainstAgainstForYesRatify Auditor 8.30


Nabtesco Corp.



Country: Japan


Primary Security ID: J4707Q100

Ticker: 6268

Primary CUSIP: J4707Q100 Primary ISIN: JP3651210001 Primary SEDOL: 6687571


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Kotani, Kazuaki 2.1

Mgmt ForForForYesElect Director Osada, Nobutaka 2.2

Mgmt ForForForYesElect Director Teramoto, Katsuhiro 2.3

Mgmt ForForForYesElect Director Sakai, Hiroaki 2.4

Mgmt ForForForYesElect Director Yoshikawa, Toshio 2.5

Mgmt ForForForYesElect Director Hashimoto, Goro 2.6

Mgmt ForForForYesElect Director Hakoda, Daisuke 2.7

Mgmt ForForForYesElect Director Fujiwara, Yutaka 2.8

Mgmt ForForForYesElect Director Uchida, Norio 2.9

Mgmt ForForForYesElect Director Yamazaki, Naoko 2.10




Nabtesco Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAppoint Statutory Auditor Ioku, Kensuke 3.1

Mgmt ForForForYesAppoint Statutory Auditor Sasaki, Zenzo 3.2

Mgmt ForForForYesAppoint Statutory Auditor Nagasaka, Takemi 3.3

Shinhan Financial Group Co. Ltd.





Primary Security ID: Y7749X101

Ticker: A055550

Primary CUSIP: Y7749X101 Primary ISIN: KR7055550008 Primary SEDOL: 6397502


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Nam Goong-hun as Non-independent Non-executive Director

3.1

Mgmt ForForForYesElect Ko Bu-in as Outside Director 3.2

Mgmt ForForForYesElect Lee Man-woo as Outside Director 3.3

Mgmt ForForForYesElect Lee Sang-gyeong as Outside Director 3.4

Mgmt ForForForYesElect Lee Seong-ryang as Outside Director 3.5

Mgmt ForForForYesElect Lee Jeong-il as Outside Director 3.6

Mgmt ForForForYesElect Lee Heun-ya as Outside Director 3.7

Mgmt ForForForYesElect Lee Man-woo as Member of Audit Committee

4.1

Mgmt ForForForYesElect Lee Sang-gyeong as Member of Audit Committee

4.2

Mgmt ForForForYesElect Lee Seong-ryang as Member of Audit Committee

4.3


5




The Spar Group Ltd






Ticker: SPP

Primary CUSIP: S8050H104 Primary ISIN: ZAE000058517 Primary SEDOL: B038WK4


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Authorise Board to Issue Shares for Cash Mgmt Yes For For For

Tullett Prebon plc






Ticker: TLPR

Primary CUSIP: G9130W106 Primary ISIN: GB00B1H0DZ51 Primary SEDOL: B1H0DZ5


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Acquisition of ICAP Global Broking Holdings Limited


Mgmt ForForForYesAuthorise Issue of Shares in Connection with the Proposed Acquisition

2

Turkiye Sinai Kalkinma Bankasi AS


Record Date:

Country: Turkey


Primary Security ID: M8973M103

Ticker: TSKB

Primary CUSIP: M8973M103 Primary ISIN: TRATSKBW91N0 Primary SEDOL: B03MY88


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesOpen Meeting, Elect Presiding Council of Meeting and Authorize Presiding Council to Sign Meeting Minutes

1

Mgmt ForForForYesAccept Statutory Reports 2





Turkiye Sinai Kalkinma Bankasi AS


Votable Proposal

VotingPolicy Rec

Vote Instruction







9


10

Mgmt NoReceive Information in Accordance to Article 1.3.6 of Capital Markets Board Corporate Governance Principles

11

Ulker Biskuvi Sanayi A.S.


Record Date:

Country: Turkey



Ticker: ULKER

Primary CUSIP: M90329109 Primary ISIN: TREULKR00015 Primary SEDOL: B03MYX3


Votable Proposal

VotingPolicy Rec

Vote Instruction



1

Mgmt ForForForYesAuthorize Presiding Council to Sign Minutes of Meeting

2





Mgmt ForForForYesRatify Director Appointments 7






Ulker Biskuvi Sanayi A.S.


Votable Proposal

VotingPolicy Rec

Vote Instruction


10


11



13


14

Arcelik A.S.


Record Date:

Country: Turkey


Primary Security ID: M1490L104

Ticker: ARCLK

Primary CUSIP: M1490L104 Primary ISIN: TRAARCLK91H5 Primary SEDOL: B03MP18


Votable Proposal

VotingPolicy Rec

Vote Instruction



1






Mgmt ForForForYesAmend Corporate Purpose 7








Arcelik A.S.


Votable Proposal

VotingPolicy Rec

Vote Instruction


12


13


14

Mgmt NoWishes 15

Asics Corp.



Country: Japan



Ticker: 7936



Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesElect Director Oyama, Motoi 3.1

Mgmt ForForForYesElect Director Kato, Katsumi 3.2

Mgmt ForForForYesElect Director Kato, Isao 3.3

Mgmt ForForForYesElect Director Nishimae, Manabu 3.4

Mgmt ForForForYesElect Director Tanaka, Katsuro 3.5

Mgmt ForForForYesElect Director Kajiwara, Kenji 3.6

Mgmt ForForForYesElect Director Hanai, Takeshi 3.7

Mgmt ForForForYesElect Director Kashiwaki, Hitoshi 3.8

Mgmt ForForForYesAppoint Statutory Auditor Inoue, Tadashi 4.1

Mgmt ForForForYesAppoint Statutory Auditor Miyakawa, Keiji 4.2

Mgmt ForForForYesAppoint Statutory Auditor Mihara, Hideaki 4.3

Mgmt ForForForYesAppoint Statutory Auditor Mitsuya, Yuko 4.4




Asics Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAppoint Alternate Statutory Auditor Onishi, Hirofumi

5

BGF Retail Co. Ltd.





Primary Security ID: Y0R25T101

Ticker: A027410

Primary CUSIP: N/A Primary ISIN: KR7027410000 Primary SEDOL: BLY0NY7


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Kim Hyeon-cheol as Outside Director 2.1

Mgmt ForForForYesElect Park Jae-gu as Inside Director 2.2.1

Mgmt AgainstAgainstForYesElect Lee Geon-jun as Inside Director 2.2.2

Mgmt AgainstAgainstForYesElect Hong Jeong-guk as Inside Director 2.2.3

Mgmt ForForForYesAppoint Lee Chun-seong as Internal Auditor 3.1


4


5

BNK Financial Group Inc.





Primary Security ID: Y0R7ZV102

Ticker: A138930

Primary CUSIP: N/A Primary ISIN: KR7138930003 Primary SEDOL: B3S98W7


Votable Proposal

VotingPolicy Rec

Vote Instruction







BNK Financial Group Inc.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Seong Se-hwan as Inside Director 3.1

Mgmt ForForForYesElect Jeong Min-ju as Inside Director 3.2

Mgmt ForForForYesElect Kim Chang-su as Outside Director 3.3

Mgmt ForForForYesElect Cha Yong-gyu as Outside Director 3.4

Mgmt ForForForYesElect Moon Il-jae as Outside Director 3.5

Mgmt ForForForYesElect Kim Chan-hong as Outside Director 3.6

Mgmt ForForForYesElect Kim Chang-su as Member of Audit Committee

4.1

Mgmt ForForForYesElect Cha Yong-gyu as Member of Audit Committee

4.2

Mgmt ForForForYesElect Moon Il-jae as Member of Audit Committee

4.3

Mgmt ForForForYesElect Kim Chan-hong as Member of Audit Committee

4.4


5

Celltrion Inc.






Ticker: A068270

Primary CUSIP: Y1242A106 Primary ISIN: KR7068270008 Primary SEDOL: B0C5YV1


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Lee Gyeong-ho as Non-independent Non-executive Director

3.1

Mgmt ForForForYesElect Kim Dong-il as Outside Director 3.2

Mgmt ForForForYesElect Lee Joseph as Outside Director 3.3

Mgmt ForForForYesElect Lee Jong-seok as Outside Director 3.4

Mgmt ForForForYesElect Jeon Byeong-hun as Outside Director 3.5

Mgmt ForForForYesElect Cho Gyun-seok as Outside Director 3.6




Celltrion Inc.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Cho Hong-hui as Outside Director 3.7

Mgmt ForForForYesElect Lee Joseph as Member of Audit Committee

4.1

Mgmt ForForForYesElect Kim Dong-il as Member of Audit Committee

4.2

Mgmt ForForForYesElect Lee Jong-seok as Member of Audit Committee

4.3

Mgmt ForForForYesElect Cho Gyun-seok as Member of Audit Committee

4.4

Mgmt ForForForYesElect Cho Hong-hui as Member of Audit Committee

4.5


5

Mgmt ForForForYesApprove Stock Option Grants 6

Daelim Industrial Co.






Ticker: A000210



Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesElect Park Sang-wook as Member of Audit Committee

3


4

Daewoo Engineering & Construction Co.






Ticker: A047040





Daewoo Engineering & Construction Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Jeong Seon-tae as Outside Director 2


3

Daewoo Securities Co.






Ticker: A006800



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAmend Articles of Incorporation (Director Nomination)

2.1

Mgmt ForForForYesAmend Articles of Incorporation (Board Resolution)

2.2

Mgmt ForForForYesAmend Articles of Incorporation (Miscellaneous)

2.3

Mgmt ForForForYesElect Hwang Geon-ho as Outside Director 3


4

DGB Financial Group Co Ltd






Ticker: A139130

Primary CUSIP: N/A Primary ISIN: KR7139130009 Primary SEDOL: B68N347




DGB Financial Group Co Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Noh Seong-seok as Inside Director 3.1

Mgmt ForForForYesElect Cho Hae-nyeong as Outside Director 3.2

Mgmt ForForForYesElect Kim Ssang-su as Outside Director 3.3

Mgmt ForForForYesElect Lee Jae-dong as Outside Director 3.4

Mgmt ForForForYesElect Koo Bon-seong as Outside Director 3.5

Mgmt ForForForYesElect Kim Ssang-su as Member of Audit Committee

4.1

Mgmt ForForForYesElect Lee Jae-dong as Member of Audit Committee

4.2


5

Doosan Co.






Ticker: A000150



Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesElect Kim Chang-hwan as Member of Audit Committee

4


5




Doosan Heavy Industries & Construction Co.






Ticker: A034020

Primary CUSIP: Y2102C109 Primary ISIN: KR7034020008 Primary SEDOL: 6294670


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Three Members of Audit Committee 3


4

Doosan Infracore Co. Ltd.






Ticker: A042670



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Park Yong-man as Inside Director 2

Mgmt ForForForYesElect Yoon Jeung-hyeon as Member of Audit Committee

3


4

Mgmt ForForForYesApprove Sale of Company Assets 5

Hana Financial Group Inc.






Ticker: A086790

Primary CUSIP: Y29975102 Primary ISIN: KR7086790003 Primary SEDOL: B0RNRF5




Hana Financial Group Inc.


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Yoon Jong-nam as Outside Director 3.1

Mgmt ForForForYesElect Park Moon-gyu as Outside Director 3.2

Mgmt ForForForYesElect Song Gi-jin as Outside Director 3.3

Mgmt ForForForYesElect Kim In-bae as Outside Director 3.4

Mgmt ForForForYesElect Hong Eun-ju as Outside Director 3.5

Mgmt ForForForYesElect Park Won-gu as Outside Director 3.6

Mgmt ForForForYesElect Kim Byeong-ho as Inside Director 3.7

Mgmt ForForForYesElect Hahm Young-ju as Inside Director 3.8

Mgmt ForForForYesElect Park Moon-gyu as Member of Audit Committee

4.1

Mgmt ForForForYesElect Kim In-bae as Member of Audit Committee

4.2

Mgmt ForForForYesElect Yoon Seong-bok as Member of Audit Committee

4.3

Mgmt ForForForYesElect Yang Won-geun as Member of Audit Committee

4.4


5

Hankook Tire Co. Ltd.






Ticker: A161390

Primary CUSIP: N/A Primary ISIN: KR7161390000 Primary SEDOL: B7T5KQ0


Votable Proposal

VotingPolicy Rec

Vote Instruction




2




Hanwha Chemical Corp.






Ticker: A009830



Votable Proposal

VotingPolicy Rec

Vote Instruction





3


4

Hanwha Corporation






Ticker: A000880



Votable Proposal

VotingPolicy Rec

Vote Instruction





3

Mgmt ForForForYesElect Kim Chang-rok as Member of Audit Committee

4


5

Hanwha Techwin Co., Ltd.






Ticker: A012450





Hanwha Techwin Co., Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Seok Ho-cheol as Outside Director 3

Mgmt ForForForYesElect Seok Ho-cheol as Member of Audit Committee

4


5

Hite Jinro Ltd.





Primary Security ID: Y3R2AY108

Ticker: A000080

Primary CUSIP: Y44441106 Primary ISIN: KR7000080002 Primary SEDOL: B05R492


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Cho Pan-je as Outside Director 2

Mgmt AgainstAgainstForYesElect Cho Pan-je as Member of Audit Committee

3


4

Hyundai Development Co. - Engineering & Construction






Ticker: A012630





Hyundai Development Co. - Engineering & Construction


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAmend Articles of Incorporation (Clarification of Issuable Class Shares)

2.1

Mgmt ForForForYesAmend Articles of Incorporation (Clarification of Non-voting Preferred Class Share)

2.2

Mgmt ForForForYesAmend Articles of Incorporation (Clarification of Non-voting Preferred Convertible Class Share)

2.3

Mgmt ForForForYesAmend Articles of Incorporation (Clarification of Non-voting Preferred Redeemable Class Share)

2.4

Mgmt ForForForYesElect Kim Jae-sik as Inside Director 3.1

Mgmt ForForForYesElect Yook Geun-yang as Inside Director 3.2

Mgmt ForForForYesElect Park Soon-seong as Outside Director 3.3

Mgmt ForForForYesElect Jeong Hyeong-min as Outside Director 3.4

Mgmt ForForForYesElect Park Soon-seong as Member of Audit Committee

4


5

Hyundai Heavy Industries Co.






Ticker: A009540



Votable Proposal

VotingPolicy Rec

Vote Instruction





3

Mgmt ForForForYesElect Hong Gi-hyeon as Member of Audit Committee

4




Hyundai Heavy Industries Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction


5

Hyundai Marine & Fire Insurance Co. Ltd.






Ticker: A001450

Primary CUSIP: Y3842K104 Primary ISIN: KR7001450006 Primary SEDOL: B01LXY6


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Chung Mong-yoon as Inside Director 3.1

Mgmt ForForForYesElect Lee Cheol-young as Inside Director 3.2

Mgmt ForForForYesElect Park Chan-jong as Inside Director 3.3

Mgmt ForForForYesElect Seong In-seok as Inside Director 3.4

Mgmt ForForForYesElect Song Yoo-jin as Outside Director 3.5

Mgmt ForForForYesElect Kim Hui-dong as Outside Director 3.6

Mgmt ForForForYesElect Jin Young-ho as Outside Director 3.7

Mgmt ForForForYesElect Kim Hui-dong as Member of Audit Committee

4

Mgmt AgainstAgainstForYesElect Seong In-seok as Member of Audit Committee

5


6

Industrial Bank of Korea






Ticker: A024110





Industrial Bank of Korea


Votable Proposal

VotingPolicy Rec

Vote Instruction





3

Mgmt AgainstAgainstForYesAuthorize Board to Fix Remuneration of Internal Auditor(s)

4

Kagome Co. Ltd.



Country: Japan



Ticker: 2811



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles to Adopt Board Structure with Audit Committee - Authorize Directors to Execute Day to Day Operations without Full Board Approval - Decrease Maximum Board Size - Clarify Director Authority on Board Meetings - Indemnify Directors


Mgmt ForForForYesElect Director Nishi, Hidenori 2.1

Mgmt ForForForYesElect Director Terada, Naoyuki 2.2

Mgmt ForForForYesElect Director Kodama, Hirohito 2.3

Mgmt ForForForYesElect Director Watanabe, Yoshihide 2.4

Mgmt ForForForYesElect Director Miwa, Katsuyuki 2.5

Mgmt ForForForYesElect Director Sumitomo, Masahiro 2.6

Mgmt ForForForYesElect Director Kondo, Seiichi 2.7

Mgmt ForForForYesElect Director Hashimoto, Takayuki 2.8

Mgmt ForForForYesElect Director Myoseki, Miyo 2.9

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Kanie, Mutsuhisa

3.1




Kagome Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director and Audit Committee Member Murata, Morihiro

3.2

Mgmt ForForForYesElect Director and Audit Committee Member Mori, Hiroshi

3.3

Mgmt ForForForYesElect Alternate Director and Audit Committee Member Ejiri, Takashi

4


5


6

Mgmt ForForForYesApprove Deep Discount Stock Option Plan 7

Kao Corp.



Country: Japan



Ticker: 4452



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Sawada, Michitaka 2.1

Mgmt ForForForYesElect Director Yoshida, Katsuhiko 2.2

Mgmt ForForForYesElect Director Takeuchi, Toshiaki 2.3

Mgmt ForForForYesElect Director Hasebe, Yoshihiro 2.4

Mgmt ForForForYesElect Director Kadonaga, Sonosuke 2.5

Mgmt ForForForYesElect Director Nagashima, Toru 2.6

Mgmt ForForForYesElect Director Oku, Masayuki 2.7

Mgmt ForForForYesAppoint Statutory Auditor Inoue, Toraki 3

Mgmt ForForForYesApprove Aggregate Compensation Ceiling for Directors

4




KB Financial Group Inc.






Ticker: A105560

Primary CUSIP: Y46007103 Primary ISIN: KR7105560007 Primary SEDOL: B3DF0Y6


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Choi Young-hwi as Outside Director 3.1

Mgmt ForForForYesElect Choi Woon-yeol as Outside Director 3.2

Mgmt ForForForYesElect Yoo Seok-ryeol as Outside Director 3.3

Mgmt ForForForYesElect Lee Byeong-nam as Outside Director 3.4

Mgmt ForForForYesElect Park Jae-ha as Outside Director 3.5

Mgmt ForForForYesElect Kim Eunice Gyeong-hui as Outside Director

3.6

Mgmt ForForForYesElect Han Jong-su as Outside Director 3.7

Mgmt ForForForYesElect Choi Young-hwi as Member of Audit Committee

4.1

Mgmt ForForForYesElect Choi Woon-yeol as Member of Audit Committee

4.2

Mgmt ForForForYesElect Kim Eunice Gyeong-hui as Member of Audit Committee

4.3

Mgmt ForForForYesElect Han Jong-su as Member of Audit Committee

4.4


5

Korea Investment Holdings Co.






Ticker: A071050

Primary CUSIP: Y4862P106 Primary ISIN: KR7071050009 Primary SEDOL: 6654586




Korea Investment Holdings Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles of Incorporation Mgmt Yes For For For

Mgmt ForForForYesElect Kim Nam-gu as Inside Director 2.1

Mgmt ForForForYesElect Kim Ju-won as Inside Director 2.2

Mgmt ForForForYesElect Lee Kang-haeng as Inside Director 2.3

Mgmt ForForForYesElect Bae Jong-seok as Outside Director 2.4

Mgmt ForForForYesElect Lee Sang-cheol as Outside Director 2.5

Mgmt ForForForYesElect Lee Sang-cheol as Member of Audit Committee

3.1


4

Korea Zinc Co. Ltd.






Ticker: A010130



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect One Inside Director, One Non-independent Non-executive Director, and Three Outside Directors (Bundled)

2

Mgmt ForForForYesElect Kim Jong-soon as Member of Audit Committee

3


4

KT Corp.






Ticker: A030200





KT Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Lim Heon-mun as Inside Director 3.1

Mgmt ForForForYesElect Koo Hyeon-mo as Inside Director 3.2

Mgmt ForForForYesElect Song Doh-gyun as Outside Director 3.3

Mgmt ForForForYesElect Cha Sang-gyun as Outside Director 3.4

Mgmt ForForForYesElect Kim Dae-ho as Outside Director 3.5

Mgmt ForForForYesElect Cha Sang-gyun as Member of Audit Committee

4


5


Kubota Corp.



Country: Japan



Ticker: 6326



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles to Clarify Provisions on Alternate Statutory Auditors


Mgmt ForForForYesElect Director Kimata, Masatoshi 2.1

Mgmt ForForForYesElect Director Kubo, Toshihiro 2.2

Mgmt ForForForYesElect Director Kimura, Shigeru 2.3

Mgmt ForForForYesElect Director Ogawa, Kenshiro 2.4

Mgmt ForForForYesElect Director Kitao, Yuichi 2.5

Mgmt ForForForYesElect Director Iida, Satoshi 2.6

Mgmt ForForForYesElect Director Matsuda, Yuzuru 2.7




Kubota Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesElect Director Ina, Koichi 2.8

Mgmt ForForForYesAppoint Alternate Statutory Auditor Morishita, Masao

3


LAOX



Country: Japan



Ticker: 8202



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Reverse Stock Split to Comply with Exchange Mandate and Decrease Authorized Capital in Proportion to Reverse Stock Split


Mgmt ForForForYesAmend Articles to Update Authorized Capital to Reflect Reverse Stock Split - Authorize Share Buybacks at Board's Discretion - Reduce Share Trading Unit - Indemnify Directors - Indemnify Statutory Auditors

2

Mgmt ForForForYesElect Director Yiwen Luo 3.1

Mgmt ForForForYesElect Director Yano, Teruji 3.2

Mgmt ForForForYesElect Director Zhe Wang 3.3

Mgmt ForForForYesElect Director Yong Jiang 3.4

Mgmt ForForForYesElect Director Feng Han 3.5

Mgmt ForForForYesElect Director Suhara, Shintaro 3.6

Mgmt ForForForYesElect Director Beibei Xu 3.7

Mgmt AgainstAgainstForYesAppoint Statutory Auditor Nishizawa, Tamio 4

LG Corp.






Ticker: A003550





LG Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesElect Choi Sang-tae as Member of Audit Committee

3


4

Lotte Chilsung Beverage Co.






Ticker: A005300



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Lee Young-gu as Inside Director 2.1

Mgmt ForForForYesElect Lee Seok-yoon as Outside Director 2.2

Mgmt ForForForYesElect Chae Gyeong-su as Outside Director 2.3

Mgmt ForForForYesElect Lee Seok-yoon as Member of Audit Committee

3.1

Mgmt ForForForYesElect Chae Gyeong-su as Member of Audit Committee

3.2


4

Lotte Confectionery Co.






Ticker: A004990





Lotte Confectionery Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Four Inside Directors (Bundled) 3.1



4

LS Corp.





Primary Security ID: Y5S41B108

Ticker: A006260

Primary CUSIP: Y5274S109 Primary ISIN: KR7006260004 Primary SEDOL: 6375780


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Koo Ja-yeop as Inside Director 2


3

MonotaRO Co Ltd



Country: Japan



Ticker: 3064

Primary CUSIP: J46583100 Primary ISIN: JP3922950005 Primary SEDOL: B1GHR88


Votable Proposal

VotingPolicy Rec

Vote Instruction






MonotaRO Co Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director Seto, Kinya 2.1

Mgmt ForForForYesElect Director Suzuki, Masaya 2.2

Mgmt ForForForYesElect Director Miyajima, Masanori 2.3

Mgmt AgainstAgainstForYesElect Director Yamagata, Yasuo 2.4

Mgmt ForForForYesElect Director Kitamura, Haruo 2.5

Mgmt ForForForYesElect Director Kishida, Masahiro 2.6

Mgmt ForForForYesElect Director David L. Rawlinson II 2.7

Motherson Sumi Systems Ltd.



Country: India



Ticker: 517334

Primary CUSIP: Y6139B141 Primary ISIN: INE775A01035 Primary SEDOL: 6743990


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesChange Location of Registered Office 1

NCsoft Corp.






Ticker: A036570



Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Park Byeong-mu as Non-independent Non-executive Director

3

Mgmt ForForForYesElect Three Outside Directors (Bundled) 4




NCsoft Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesElect Three Members of Audit Committee 5


6

NH Investment & Securities Co. Ltd.





Primary Security ID: Y6S75L806

Ticker: A005940

Primary CUSIP: Y9694X102 Primary ISIN: KR7005940002 Primary SEDOL: 6537085


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Jeong Young-cheol as Outside Director 3.1

Mgmt ForForForYesElect Ahn Deok-geun as Outside Director 3.2

Mgmt ForForForYesElect Lee Jeong-jae as Outside Director 3.3

Mgmt ForForForYesElect Park Sang-yong as Outside Director 3.4

Mgmt ForForForYesElect Lee Jeong-jae as Member of Audit Committee

4.1

Mgmt ForForForYesElect Park Sang-yong as Member of Audit Committee

4.2


5

NHN Entertainment Corp.






Ticker: A181710

Primary CUSIP: N/A Primary ISIN: KR7181710005 Primary SEDOL: BCDYQ37




NHN Entertainment Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Lee Jun-ho as Inside Director 3.1

Mgmt ForForForYesElect Ahn Hyeon-sik as Inside Director 3.2

Mgmt ForForForYesElect Lee Jun-young as Outside Director 4.1

Mgmt ForForForYesElect Han Jeong-su as Outside Director 4.2

Mgmt ForForForYesElect Lee Seok-woo as Outside Director 4.3

Mgmt ForForForYesElect Lee Jun-young as Member of Audit Committee

5.1

Mgmt ForForForYesElect Han Jeong-su as Member of Audit Committee

5.2

Mgmt ForForForYesElect Lee Seok-woo as Member of Audit Committee

5.3


6


Orion Corp.





Primary Security ID: Y6S90M110

Ticker: A001800



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect One Inside Director and One Outside Director (Bundled)

2


3


4




Paradise Co.






Ticker: A034230

Primary CUSIP: Y6727J100 Primary ISIN: KR7034230003 Primary SEDOL: 6560939


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Jeong Yeon-su as Inside Director 2.1

Mgmt ForForForYesElect Choi Young-il as Outside Director 2.2


3


4

Shiseido Co. Ltd.



Country: Japan



Ticker: 4911



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Uotani, Masahiko 2.1

Mgmt ForForForYesElect Director Iwai, Tsunehiko 2.2

Mgmt ForForForYesElect Director Sakai, Toru 2.3

Mgmt ForForForYesElect Director Ishikura, Yoko 2.4

Mgmt ForForForYesElect Director Iwata, Shoichiro 2.5

Mgmt ForForForYesElect Director Oishi, Kanoko 2.6

Mgmt ForForForYesElect Director Uemura, Tatsuo 2.7

Mgmt ForForForYesAppoint Statutory Auditor Tsujiyama, Eiko 3





Shiseido Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction


TonenGeneral Sekiyu K.K.



Country: Japan


Primary Security ID: J8657U110

Ticker: 5012

Primary CUSIP: J8657U110 Primary ISIN: JP3428600005 Primary SEDOL: 6366007


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Oshida, Yasuhiko 2

Mgmt ForForForYesAppoint Statutory Auditor Kuwano, Yoji 3

Mgmt ForForForYesAppoint Alternate Statutory Auditor Takano, Toshio

4

Trend Micro Inc.



Country: Japan


Primary Security ID: J9298Q104

Ticker: 4704

Primary CUSIP: J9298Q104 Primary ISIN: JP3637300009 Primary SEDOL: 6125286


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Allocation of Income, With a Final Dividend of JPY 110


Turkiye Sise ve Cam Fabrikalari AS


Record Date:

Country: Turkey


Primary Security ID: M9013U105

Ticker: SISE

Primary CUSIP: M9013U105 Primary ISIN: TRASISEW91Q3 Primary SEDOL: B03MXR0




Turkiye Sise ve Cam Fabrikalari AS


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesElect Presiding Council of Meeting and Authorize Presiding Council to Sign Meeting Minutes

1







7




10


11

Woori Bank






Ticker: A000030

Primary CUSIP: N/A Primary ISIN: KR7000030007 Primary SEDOL: BSP5RP9


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Lee Dong-geun as Inside Director 3.1




Woori Bank


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Nam Gi-myeong as Inside Director 3.2

Mgmt ForForForYesElect Choi Gwang-woo as Non-independent Non-executive Director

3.3

Mgmt ForForForYesElect Lee Ho-geun as Outside Director 3.4

Mgmt ForForForYesElect Kim Seong-yong as Outside Director 3.5

Mgmt ForForForYesElect Kim Seong-yong as Member of Audit Committee

4


5

Yamaha Motor Co. Ltd.



Country: Japan



Ticker: 7272



Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesElect Director Yanagi, Hiroyuki 3.1

Mgmt ForForForYesElect Director Kimura, Takaaki 3.2

Mgmt ForForForYesElect Director Shinozaki, Kozo 3.3

Mgmt ForForForYesElect Director Hideshima, Nobuya 3.4

Mgmt ForForForYesElect Director Takizawa, Masahiro 3.5

Mgmt ForForForYesElect Director Watanabe, Katsuaki 3.6

Mgmt ForForForYesElect Director Kato, Toshizumi 3.7

Mgmt ForForForYesElect Director Kojima, Yoichiro 3.8

Mgmt ForForForYesElect Director Adachi, Tamotsu 3.9

Mgmt ForForForYesElect Director Nakata, Takuya 3.10

Mgmt ForForForYesElect Director Niimi, Atsushi 3.11




Yamaha Motor Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAppoint Alternate Statutory Auditor Satake, Masayuki

4

Talaat Moustafa Group Holding


Record Date:

Country: Egypt


Primary Security ID: M8763H108

Ticker: TMGH

Primary CUSIP: M8763H108 Primary ISIN: EGS691S1C011 Primary SEDOL: B2989Q7


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Board Report on Company Operations for FY 2015



2


3


Mgmt AgainstAgainstForYesReelect Directors (Bundled) 5


6

Mgmt ForForForYesApprove Remuneration and Sitting Fees of Directors for FY 2016

7

Mgmt AgainstAgainstForYesApprove Charitable Donations for FY 2015 and FY 2016

8

Mgmt AgainstAgainstForYesApprove Related Party Transactions for FY 2015 and 2016

9

Emirates Telecommunications Group Co PJSC (Etisalat Group)






Ticker: ETISALAT

Primary CUSIP: M4040L103 Primary ISIN: AEE000401019 Primary SEDOL: 6322173




Emirates Telecommunications Group Co PJSC (Etisalat Group)


Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesAccept Consolidated Financial Statements and Statutory Reports for FY 2015

3

Mgmt ForForForYesApprove Dividends of AED 0.80 per Share for FY 2015

4




7


8

Akbank T.A.S.


Record Date:

Country: Turkey



Ticker: AKBNK

Primary CUSIP: M0300L106 Primary ISIN: TRAAKBNK91N6 Primary SEDOL: B03MN70


Votable Proposal

VotingPolicy Rec

Vote Instruction



1











Akbank T.A.S.


Votable Proposal

VotingPolicy Rec

Vote Instruction



10

Mgmt ForForForYesApprove Upper Limit of Donations for 2016 11

Mgmt NoReceive Information on Charitable Donations for 2015

12




Country: China



Ticker: 000725

Primary CUSIP: Y0920M119 Primary ISIN: CNE000000R44 Primary SEDOL: 6001096


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Additional Investment in Chengdu 6th Generation LTPS/AMOLED Production Line Project

1

Mgmt ForForForYesApprove Additional Investment in Fuzhou 8.5 Generation TFT-LCD Production Line Project by China Development Funds

2

Cementos Argos SA


Record Date:

Country: Colombia


Primary Security ID: P2216Y112

Ticker: CEMARGOS

Primary CUSIP: N/A Primary ISIN: COD38PA00046 Primary SEDOL: B89Z692


Votable Proposal

VotingPolicy Rec

Vote Instruction







Cementos Argos SA


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesPresent Board of Directors and Chairman's Report

4

Mgmt ForForForYesPresent Financial Statements 5

Mgmt ForForForYesPresent Auditor's Report 6


7



Mgmt ForForForYesApprove Remuneration of Auditors 10

Mgmt ForForForYesApprove Donations 11

Mgmt AgainstAgainstForYesProposals Presented by Shareholders 12

Deyaar Development PJSC






Ticker: DEYAAR

Primary CUSIP: M28055115 Primary ISIN: AED001001018 Primary SEDOL: B24F8T9


Votable Proposal

VotingPolicy Rec

Vote Instruction



1

Mgmt ForForForYesApprove Auditor's Report on Company Financial Statements for FY 2015

2


3

Mgmt ForForForYesApprove Absence of Dividends for FY 2015 4




7






Deyaar Development PJSC


Votable Proposal

VotingPolicy Rec

Vote Instruction


9

KEPCO Engineering & Construction Co. Inc.






Ticker: A052690

Primary CUSIP: Y4952G107 Primary ISIN: KR7052690005 Primary SEDOL: B4LW1M1


Votable Proposal

VotingPolicy Rec

Vote Instruction




2


3

KEPCO Plant Service & Engineering Co. Ltd.






Ticker: A051600

Primary CUSIP: Y4481N102 Primary ISIN: KR7051600005 Primary SEDOL: B29ZGV2


Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt AgainstAgainstForYesAuthorize Board to Fix Remuneration of Internal Auditor(s)

3




Petkim Petrokimya Holding A.S.


Record Date:

Country: Turkey


Primary Security ID: M7871F103

Ticker: PETKM

Primary CUSIP: M7871F103 Primary ISIN: TRAPETKM91E0 Primary SEDOL: B03MWY0


Votable Proposal

VotingPolicy Rec

Vote Instruction



1








Mgmt ForForForYesElect Auditor 9



11

Mgmt AgainstAgainstForYesApprove Upper Limit of the Donations for 2016

12


13


14

Mgmt NoReceive Information on Guarantees, Pledges and Mortgages provided by the Company to Third Parties

15

Mgmt NoWishes 16




PT Indo Tambangraya Megah Tbk



Country: Indonesia



Ticker: ITMG

Primary CUSIP: Y71244100 Primary ISIN: ID1000108509 Primary SEDOL: B29SK75


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Accept Financial Statements and Annual Report




Mgmt ForForForYesApprove Remuneration of Directors and Commissioners

4

Mgmt ForForForYesElect Directors and Commissioners 5

Mgmt ForForForYesAccept Report on the Use of Proceeds from the Initial Public Offering 2007

6

PTT Exploration & Production PCL



Country: Thailand



Ticker: PTTEP

Primary CUSIP: Y7145P157 Primary ISIN: TH0355A10Z04 Primary SEDOL: B1359K1


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Acknowledge 2015 Performance Result and 2016 Work Plan

Mgmt No


Mgmt ForForForYesApprove Dividend Payment 3

Mgmt ForForForYesApprove Office of the Auditor General of Thailand as Auditors and Authorize Board to Fix Their Remuneration

4

Mgmt ForForForYesApprove Remuneration of Directors and Sub-Committees

5

Mgmt ForForForYesElect Achporn Charuchinda as Directors 6.1

Mgmt ForForForYesElect Wirat Uanarumit as Director 6.2

Mgmt ForForForYesElect Sethaput Suthiwart-Narueput as Director 6.3




PTT Exploration & Production PCL


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Nimit Suwannarat as Director 6.4

Mgmt ForForForYesElect Piti Tantakasem as Director 6.5

Public Bank Berhad



Country: Malaysia



Ticker: PBBANK

Primary CUSIP: Y71497104 Primary ISIN: MYL1295OO004 Primary SEDOL: B012W42


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Lai Wai Keen as Director Mgmt Yes For For For

Mgmt ForForForYesElect Teh Hong Piow as Director 2

Mgmt ForForForYesElect Tay Ah Lek as Director 3

Mgmt ForForForYesElect Lee Kong Lam as Director 4

Mgmt ForForForYesElect Tang Wing Chew as Director 5

Mgmt ForForForYesElect Lai Wan as Director 6


Mgmt ForForForYesApprove Ernst and Young as Auditors and Authorize Board to Fix Their Remuneration

8

Turkiye Is Bankasi AS


Record Date:

Country: Turkey


Primary Security ID: M8933F115

Ticker: ISCTR

Primary CUSIP: M8933F115 Primary ISIN: TRAISCTR91N2 Primary SEDOL: B03MYS8


Votable Proposal

VotingPolicy Rec

Vote Instruction



1





Turkiye Is Bankasi AS


Votable Proposal

VotingPolicy Rec

Vote Instruction






7

Mgmt ForForForYesAmend Company Articles 8


Mgmt AgainstAgainstForYesRatify Director Appointments 10

Mgmt NoReceive Information on Corporate Governance Principles

11

Mgmt NoReceive Information on Charitable Donations 12

Advanced Info Service PCL



Country: Thailand



Ticker: ADVANC

Primary CUSIP: Y0014U191 Primary ISIN: TH0268010Z03 Primary SEDOL: 6412568


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Matters to be Informed Mgmt No

Mgmt ForForForYesApprove Minutes of Previous Meeting 2

Mgmt NoAcknowledge Report on Operating Results 3


4

Mgmt ForForForYesApprove Allocation of Income as Dividend 5

Mgmt ForForForYesApprove Deloitte Touche Tohmatsu Jaiyos Audit Co. Ltd. as Auditors and Authorize Board to Fix Their Remuneration

6

Mgmt ForForForYesElect Vithit Leenutaphong as Director 7.1

Mgmt ForForForYesElect Surasak Vajasit as Director 7.2

Mgmt ForForForYesElect Jeann Low Ngiab Jong as Director 7.3




Advanced Info Service PCL


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Stephen Miller as Director 7.4


Mgmt ForForForYesApprove Issuance and Sale of Warrants to Employees of the Company and Subsidiaries

9

Mgmt ForForForYesApprove Issuance of Shares for the Conversion of Warrants to be Issued to Directors and Employees of the Company and its Subsidiaries

10

Mgmt ForForForYesApprove Allocation of Warrants to Employees of the Company and Subsidiaries

11


Akcansa Cimento Sanayi ve Ticaret SA


Record Date:

Country: Turkey



Ticker: AKCNS

Primary CUSIP: M03343122 Primary ISIN: TRAAKCNS91F3 Primary SEDOL: B03MN81


Votable Proposal

VotingPolicy Rec

Vote Instruction



1




4




Mgmt AgainstAgainstForYesApprove Upper Limit of Donations for 2016 8



Mgmt ForForForYesAmend Article 6 in Company Bylaws 11




Akcansa Cimento Sanayi ve Ticaret SA


Votable Proposal

VotingPolicy Rec

Vote Instruction


12

Bank Of India Ltd



Country: India



Ticker: 532149



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Increase Authorized Capital Mgmt Yes For For For

Mgmt AgainstAgainstForYesApprove Issuance of Equity or Equity-Linked Securities without Preemptive Rights

2

Canon Marketing Japan Inc



Country: Japan



Ticker: 8060



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Murase, Haruo 2.1

Mgmt ForForForYesElect Director Sakata, Masahiro 2.2

Mgmt ForForForYesElect Director Usui, Yutaka 2.3

Mgmt ForForForYesElect Director Yagi, Koichi 2.4

Mgmt ForForForYesElect Director Matsusaka, Yoshiyuki 2.5

Mgmt ForForForYesElect Director Adachi, Masachika 2.6

Mgmt ForForForYesElect Director Hamada, Shiro 2.7




Canon Marketing Japan Inc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director Kamimori, Akihisa 2.8

Mgmt ForForForYesElect Director Doi, Norihisa 2.9

Mgmt ForForForYesElect Director Dobashi, Akio 2.10

Mgmt ForForForYesAppoint Statutory Auditor Shimizu, Masahiro 3.1

Mgmt AgainstAgainstForYesAppoint Statutory Auditor Tedo, Kunihiko 3.2

Mgmt ForForForYesAppoint Statutory Auditor Kusumi, Nobuyasu 3.3


China Machinery Engineering Corporation



Country: China



Ticker: 1829

Primary CUSIP: N/A Primary ISIN: CNE100001NP4 Primary SEDOL: B94VG58


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Acquisition Agreement Mgmt Yes For For For

Mgmt ForForForYesAuthorized Board to Deal with All Matters in Relation to the Acquisition Agreement

2

Coca-Cola East Japan Co Ltd



Country: Japan


Primary Security ID: J0814R106

Ticker: 2580

Primary CUSIP: J0814J104 Primary ISIN: JP3293300004 Primary SEDOL: 6355544


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesApprove Accounting Transfers 2


3




Coca-Cola East Japan Co Ltd


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director Calin Dragan 4.1

Mgmt ForForForYesElect Director Kawamoto, Naruhiko 4.2

Mgmt ForForForYesElect Director Ozeki, Haruko 4.3

Mgmt ForForForYesElect Director Irial Finan 4.4

Mgmt ForForForYesElect Director Daniel Sayre 4.5

Mgmt ForForForYesElect Director Inagaki, Haruhiko 4.6

Mgmt ForForForYesElect Director Takanashi, Keiji 4.7

Mgmt ForForForYesElect Director Yoshioka, Hiroshi 4.8

Mgmt ForForForYesElect Director Jawahar Solai Kuppuswamy 4.9

Mgmt ForForForYesElect Director Costel Mandrea 4.10

Mgmt ForForForYesApprove Aggregate Compensation Ceiling for Directors and Deep Discount Stock Option Plan

5

Compania De Minas Buenaventura S.A.



Country: Peru



Ticker: BVN

Primary CUSIP: 204448104 Primary ISIN: PEP612001003 Primary SEDOL: 2894988


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Annual Report 1

Mgmt ForForForYesApprove Financial Statements 2


Mgmt ForForForYesApprove General Meeting Regulations 4

Corporacion Financiera Colombiana SA


Record Date:

Country: Colombia



Ticker: CORFICOLCF

Primary CUSIP: N/A Primary ISIN: COJ12PA00048 Primary SEDOL: B000C92




Corporacion Financiera Colombiana SA


Votable Proposal

VotingPolicy Rec

Vote Instruction

Meeting for Holders of Ordinary Shares and Preferential Shares without Voting Rights

Mgmt No

Mgmt NoVerify Quorum 1




4

Mgmt ForForForYesPresent Individual and Consolidated Financial Statements

5



7


Mgmt ForForForYesPresent Report on Internal Control System and on Activities of Audit Committee

9

Mgmt AgainstAgainstForYesElect Directors and Approve Their Remuneration

10


11

Mgmt ForForForYesPresent Financial Consumer Representative's Report

12


Coway Co. Ltd.






Ticker: A021240



Votable Proposal

VotingPolicy Rec

Vote Instruction







Coway Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesElect Choi Yeon-seok as Non-independent Non-executive Director

3.1

Mgmt ForForForYesElect Lee Jung-sik as Outside Director 3.2

Mgmt ForForForYesElect Lee Jun-ho as Outside Director 3.3


4


5

DIC Corp.



Country: Japan


Primary Security ID: J1280G103

Ticker: 4631

Primary CUSIP: J1280G103 Primary ISIN: JP3493400000 Primary SEDOL: 6250821


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesApprove Reverse Stock Split to Comply with Exchange Mandate and Decrease Authorized Capital in Proportion to Reverse Stock Split

2

Mgmt ForForForYesAmend Articles to Reduce Share Trading Unit - Indemnify Directors - Indemnify Statutory Auditors

3

Mgmt ForForForYesElect Director Nakanishi, Yoshiyuki 4.1

Mgmt ForForForYesElect Director Saito, Masayuki 4.2

Mgmt ForForForYesElect Director Kawamura, Yoshihisa 4.3

Mgmt ForForForYesElect Director Wakabayashi, Hitoshi 4.4

Mgmt ForForForYesElect Director Ino, Kaoru 4.5

Mgmt ForForForYesElect Director Suzuki, Takao 4.6

Mgmt ForForForYesElect Director Uchinaga, Yukako 4.7

Mgmt ForForForYesAppoint Statutory Auditor Mizutani, Jiro 5.1

Mgmt ForForForYesAppoint Statutory Auditor Mase, Yoshiyuki 5.2




Enka Insaat ve Sanayi A.S.


Record Date:

Country: Turkey



Ticker: ENKAI

Primary CUSIP: M4055T108 Primary ISIN: TREENKA00011 Primary SEDOL: B03MS64


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesElect Presiding Council of Meeting and Authorize Presiding Council to Sign Meeting Minutes

1




4









12

Mgmt ForForForYesAuthorize Board to Pay Interim Dividends 13

Mgmt ForForForYesApprove Accounting Transfers in Case of Losses for 2015

14


15

Mgmt NoWishes 16




Ford Otomotiv Sanayi AS


Record Date:

Country: Turkey


Primary Security ID: M7608S105

Ticker: FROTO

Primary CUSIP: M7608S105 Primary ISIN: TRAOTOSN91H6 Primary SEDOL: B03MSR5


Votable Proposal

VotingPolicy Rec

Vote Instruction



1







Mgmt ForForForYesAmend Article 6 in Company Bylaws 8






13


14

Mgmt NoWishes 15

Haci Omer Sabanci Holding AS


Record Date:

Country: Turkey


Primary Security ID: M8223R100

Ticker: SAHOL

Primary CUSIP: M8223R100 Primary ISIN: TRASAHOL91Q5 Primary SEDOL: B03N0C7




Haci Omer Sabanci Holding AS


Votable Proposal

VotingPolicy Rec

Vote Instruction



1








Mgmt AgainstAgainstForYesApprove Upper Limit of Donations for 2016 ; Receive Information on Charitable Donations for 2015

9




12

Inotera Memories, Inc.



Country: Taiwan



Ticker: 3474

Primary CUSIP: Y4084K109 Primary ISIN: TW0003474003 Primary SEDOL: B071G30


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Amendments to Articles of Association


Mgmt ForForForYesApprove Share Swap Agreement Between Company and Micron Semiconductor Taiwan Co., Ltd. and Delisting of Company

2

Mgmt ForForForYesApprove Ceasing of Status as Public Company 3




Inotera Memories, Inc.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAmend Procedures for Lending Funds to Other Parties and Procedures for Endorsement and Guarantees

4

Korea Gas Corp.






Ticker: A036460



Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Kuraray Co. Ltd.



Country: Japan



Ticker: 3405



Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesElect Director Ito, Fumio 3.1

Mgmt ForForForYesElect Director Ito, Masaaki 3.2

Mgmt ForForForYesElect Director Matsuyama, Sadaaki 3.3

Mgmt ForForForYesElect Director Kugawa, Kazuhiko 3.4

Mgmt ForForForYesElect Director Hayase, Hiroaya 3.5

Mgmt ForForForYesElect Director Komiya, Yukiatsu 3.6




Kuraray Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director Nakayama, Kazuhiro 3.7

Mgmt ForForForYesElect Director Abe, Kenichi 3.8

Mgmt ForForForYesElect Director Sano, Yoshimasa 3.9

Mgmt ForForForYesElect Director Toyoura, Hitoshi 3.10

Mgmt ForForForYesElect Director Hamaguchi, Tomokazu 3.11

Mgmt ForForForYesElect Director Hamano, Jun 3.12

Mgmt ForForForYesAppoint Statutory Auditor Yukiyoshi, Kunio 4.1

Mgmt ForForForYesAppoint Statutory Auditor Okamoto, Yoshimitsu

4.2

Localiza Rent A Car S.A.


Record Date:

Country: Brazil


Primary Security ID: P6330Z111

Ticker: RENT3

Primary CUSIP: P6330Z111 Primary ISIN: BRRENTACNOR4 Primary SEDOL: B08K3S0


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Re-Ratify Remuneration of Company's Management for Fiscal Years 2015, 2014 and 2013


NEXON Co.,Ltd.



Country: Japan


Primary Security ID: J4914X104

Ticker: 3659

Primary CUSIP: N/A Primary ISIN: JP3758190007 Primary SEDOL: B63QM77


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Reduction in Capital and Capital Reserves and Accounting Transfers


Mgmt ForForForYesElect Director Owen Mahoney 2.1

Mgmt ForForForYesElect Director Uemura, Shiro 2.2




NEXON Co.,Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director Jiwon Park 2.3

Mgmt ForForForYesElect Director Jungju Kim 2.4

Mgmt ForForForYesElect Director Dohwa Lee 2.5

Mgmt ForForForYesElect Director Honda, Satoshi 2.6

Mgmt ForForForYesElect Director Kuniya, Shiro 2.7

Mgmt ForForForYesApprove Stock Option Plan 3

Oriental Bank Of Commerce Ltd.



Country: India



Ticker: 500315

Primary CUSIP: Y6495G114 Primary ISIN: INE141A01014 Primary SEDOL: 6121507


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Issuance of Shares on Preferential Basis to Life Insurance Corporation of India


Otsuka Corporation



Country: Japan


Primary Security ID: J6243L115

Ticker: 4768

Primary CUSIP: J6243L107 Primary ISIN: JP3188200004 Primary SEDOL: 6267058


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAmend Articles to Amend Business Lines - Indemnify Directors - Indemnify Statutory Auditors

2

Mgmt ForForForYesElect Director Saito, Tetsuo 3

Mgmt ForForForYesAppoint Statutory Auditor Minai, Naoto 4.1

Mgmt AgainstAgainstForYesAppoint Statutory Auditor Nakai, Kazuhiko 4.2




Otsuka Corporation


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAppoint Statutory Auditor Wakatsuki, Tetsutaro

4.3

Mgmt ForForForYesAppoint Statutory Auditor Hada, Etsuo 4.4

Mgmt AgainstAgainstForYesApprove Statutory Auditor Retirement Bonus 5

Porto Seguro SA


Record Date:

Country: Brazil


Primary Security ID: P7905C107

Ticker: PSSA3

Primary CUSIP: P7905C107 Primary ISIN: BRPSSAACNOR7 Primary SEDOL: B0498T7


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesRatify Board Deliberations Re: Interest-On-Capital-Stock-Payments

3


Mgmt ForForForYesApprove Date of Dividends and Interest-On-Capital-Stock Payments

5

Mgmt AgainstAgainstForYesFix Number, Elect Directors, Chairman and Vice-Chairman of the Board

6

Mgmt AgainstAgainstForYesApprove Remuneration of Executive Officers, Non-Executive Directors, and Audit Committee Members

7

Porto Seguro SA


Record Date:

Country: Brazil



Ticker: PSSA3

Primary CUSIP: P7905C107 Primary ISIN: BRPSSAACNOR7 Primary SEDOL: B0498T7




Porto Seguro SA


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Authorize Capitalization of Reserves and Amend Article 5


Mgmt ForForForYesAmend Article 16 2

Mgmt ForForForYesAmend Article 19 3

Mgmt ForForForYesAmend Articles 4

Mgmt ForForForYesConsolidate Bylaws 5

Shimano Inc.



Country: Japan



Ticker: 7309



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Shimano, Yozo 2.1

Mgmt ForForForYesElect Director Hirata, Yoshihiro 2.2

Mgmt ForForForYesElect Director Shimano, Taizo 2.3

Mgmt ForForForYesElect Director Tarutani, Kiyoshi 2.4

Mgmt ForForForYesElect Director Tsuzaki, Masahiro 2.5

Mgmt ForForForYesElect Director Toyoshima, Takashi 2.6

Mgmt ForForForYesElect Director Hitomi, Yasuhiro 2.7

Mgmt ForForForYesElect Director Matsui, Hiroshi 2.8

Mgmt ForForForYesAppoint Statutory Auditor Shimazu, Koichi 3

Mgmt ForForForYesAppoint Alternate Statutory Auditor Kondo, Yukihiro

4




Showa Shell Sekiyu K.K.



Country: Japan



Ticker: 5002



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Kameoka, Tsuyoshi 2.1

Mgmt ForForForYesElect Director Okada, Tomonori 2.2

Mgmt ForForForYesElect Director Takeda, Minoru 2.3

Mgmt ForForForYesElect Director Masuda, Yukio 2.4

Mgmt ForForForYesElect Director Nakamura, Takashi 2.5

Mgmt ForForForYesElect Director Ahmed M. Alkhunaini 2.6

Mgmt ForForForYesElect Director Nabil A. Al Nuaim 2.7

Mgmt ForForForYesElect Director Christopher K. Gunner 2.8

Mgmt ForForForYesElect Director Philip Choi 2.9

Mgmt ForForForYesAppoint Statutory Auditor Yamagishi, Kenji 3.1

Mgmt ForForForYesAppoint Statutory Auditor Yamada, Kiyotaka 3.2

Mgmt ForForForYesAppoint Statutory Auditor Takahashi, Kenji 3.3


SUMCO Corp.



Country: Japan



Ticker: 3436

Primary CUSIP: J76896109 Primary ISIN: JP3322930003 Primary SEDOL: B0M0C89


Votable Proposal

VotingPolicy Rec

Vote Instruction






SUMCO Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesAmend Articles to Adopt Board Structure with Audit Committee - Increase Maximum Board Size - Indemnify Directors - Authorize Board to Determine Income Allocation - Remove Provisions on Class A and B Preferred Shares to Reflect Cancellation

2

Mgmt ForForForYesElect Director Hashimoto, Mayuki 3.1

Mgmt ForForForYesElect Director Takii, Michiharu 3.2

Mgmt ForForForYesElect Director Endo, Harumitsu 3.3

Mgmt ForForForYesElect Director Furuya, Hisashi 3.4

Mgmt ForForForYesElect Director Hiramoto, Kazuo 3.5

Mgmt ForForForYesElect Director Inoue, Fumio 3.6

Mgmt ForForForYesElect Director Mokudai, Shiro 3.7

Mgmt ForForForYesElect Director Maekawa, Susumu 3.8

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Yoshikawa, Hiroshi

4.1

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Katahama, Hisashi

4.2

Mgmt ForForForYesElect Director and Audit Committee Member Tanaka, Hitoshi

4.3

Mgmt ForForForYesElect Director and Audit Committee Member Mitomi, Masahiro

4.4

Mgmt ForForForYesElect Director and Audit Committee Member Ota, Shinichiro

4.5

Mgmt ForForForYesElect Director and Audit Committee Member Nakanishi, Kohei

4.6


5


6

Tokyo Tatemono Co. Ltd.



Country: Japan



Ticker: 8804





Tokyo Tatemono Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesElect Director Tanehashi, Makio 3

Mgmt ForForForYesAppoint Statutory Auditor Hanazawa, Toshiyuki

4.1

Mgmt ForForForYesAppoint Statutory Auditor Hattori, Shuichi 4.2

Mgmt ForForForYesAppoint Alternate Statutory Auditor Uehara, Masahiro

5

Turkcell Iletisim Hizmetleri AS


Record Date:

Country: Turkey


Primary Security ID: M8903B102

Ticker: TCELL

Primary CUSIP: M8903B102 Primary ISIN: TRATCELL91M1 Primary SEDOL: B03MYN3


Votable Proposal

VotingPolicy Rec

Vote Instruction



1


2





Mgmt ForForForYesApprove Donation Policy 7

Mgmt AgainstAgainstForYesApprove Upper Limit of the Donations for 2016 and Receive Information on Charitable Donations for 2015

8






Turkcell Iletisim Hizmetleri AS


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesApprove Share Repurchase Plan 13


14


Mgmt NoReceive Information on the Guarantees, Pledges and Mortgages Provided by the Company to Third Parties

16


Turkiye Vakiflar Bankasi TAO


Record Date:

Country: Turkey


Primary Security ID: M9037B109

Ticker: VAKBN

Primary CUSIP: M9037B109 Primary ISIN: TREVKFB00019 Primary SEDOL: B0N6YC4


Votable Proposal

VotingPolicy Rec

Vote Instruction



1




Mgmt ForForForYesApprove Discharge of Board and Auditors 5


Mgmt ForForForYesChange Location of Head Offices 7


Mgmt AgainstAgainstForYesAppoint Internal Statutory Auditors 9

Mgmt ForForForYesApprove Remuneration of Directors and Internal Auditors

10




Turkiye Vakiflar Bankasi TAO


Votable Proposal

VotingPolicy Rec

Vote Instruction


11



13

Mgmt NoWishes 14


UPL Limited



Country: India



Ticker: 512070

Primary CUSIP: Y9247H166 Primary ISIN: INE628A01036 Primary SEDOL: B0L0W35


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Scheme of Amalgamation of Advanta Ltd. and UPL Ltd.

1

Alior Bank S.A.



Country: Poland


Primary Security ID: X0081M123

Ticker: ALR

Primary CUSIP: N/A Primary ISIN: PLALIOR00045 Primary SEDOL: B8W8F13


Votable Proposal

VotingPolicy Rec

Vote Instruction








Alior Bank S.A.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt NoReceive Financial Statements for Fiscal 2015 5.1

Mgmt NoReceive Management Board Report on Company's Operations in Fiscal 2015

5.2

Mgmt ForForForYesApprove Supervisory Board Report for Fiscal 2015

6

Mgmt ForForForYesApprove Financial Statements for Fiscal 2015 7.1

Mgmt ForForForYesApprove Management Board Report on Company's Operations in Fiscal 2015

7.2

Mgmt NoReceive Consolidated Financial Statements for Fiscal 2015

8.1

Mgmt NoReceive Management Board Report on Group's Operations in Fiscal 2015

8.2

Mgmt ForForForYesApprove Consolidated Financial Statements for Fiscal 2015

9.1

Mgmt ForForForYesApprove Management Board Report on Group's Operations in Fiscal 2015

9.2

Mgmt ForForForYesApprove Allocation of Income for Fiscal 2015 10

Mgmt ForForForYesApprove Discharge of Wojciech Sobieraj (CEO)

11.1

Mgmt ForForForYesApprove Discharge of Krzysztof Czuba (Deputy CEO)

11.2

Mgmt ForForForYesApprove Discharge of Witold Skrok (Deputy CEO)

11.3

Mgmt ForForForYesApprove Discharge of Katarzyna Sulkowska (Deputy CEO)

11.4

Mgmt ForForForYesApprove Discharge of Joanna Krzyzanowska (Deputy CEO)

11.5

Mgmt ForForForYesApprove Discharge of Malgorzata Bartler (Deputy CEO)

11.6

Mgmt ForForForYesApprove Discharge of Barbara Smalska (Deputy CEO)

11.7

Mgmt ForForForYesApprove Discharge of Michal Hucal (Deputy CEO)

11.8

Mgmt ForForForYesApprove Discharge of Helene Zaleski (Supervisory Board Chairman)

12.1

Mgmt ForForForYesApprove Discharge of Slawomir Dudzik (Supervisory Board Member)

12.2

Mgmt ForForForYesApprove Discharge of Malgorzata Iwanicz - Drozdowska (Supervisory Board Member)

12.3

Mgmt ForForForYesApprove Discharge of Niels Lundorff (Supervisory Board Member)

12.4




Alior Bank S.A.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Discharge of Marek Michalski (Supervisory Board Member)

12.5

Mgmt ForForForYesApprove Discharge of Krzysztof Obloj (Supervisory Board Member)

12.6

Mgmt ForForForYesApprove Discharge of Przemyslaw Dabrowski (Supervisory Board Deputy Chairman)

12.7

Mgmt ForForForYesApprove Discharge of Slawomiri Niemierka (Supervisory Board Member)

12.8

Mgmt ForForForYesApprove Discharge of Stanislawowi Popow (Former Supervisory Board Member)

12.9

Mgmt AgainstAgainstForYesElect Supervisory Board Members 13


Almacenes Exito S.A.


Record Date:

Country: Colombia


Primary Security ID: P3782F107

Ticker: EXITO

Primary CUSIP: N/A Primary ISIN: COG31PA00010 Primary SEDOL: 2051181


Votable Proposal

VotingPolicy Rec

Vote Instruction





4

Mgmt ForForForYesPresent Individual and Consolidated Financial Statements and Statutory Reports

5



7

Mgmt ForForForYesPresent Corporate Governance Report 8




Mgmt ForForForYesApprove Allocation of Income 12.1




Almacenes Exito S.A.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Donations 12.2


Asahi Glass Co. Ltd.



Country: Japan



Ticker: 5201



Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesElect Director Ishimura, Kazuhiko 3.1

Mgmt ForForForYesElect Director Shimamura, Takuya 3.2

Mgmt ForForForYesElect Director Hirai, Yoshinori 3.3

Mgmt ForForForYesElect Director Miyaji, Shinji 3.4

Mgmt ForForForYesElect Director Sakane, Masahiro 3.5

Mgmt ForForForYesElect Director Kimura, Hiroshi 3.6

Mgmt ForForForYesElect Director Egawa, Masako 3.7

Mgmt ForForForYesApprove Stock Option Plan 4

Canon Inc.



Country: Japan



Ticker: 7751





Canon Inc.


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Mitarai, Fujio 2.1

Mgmt ForForForYesElect Director Tanaka, Toshizo 2.2

Mgmt ForForForYesElect Director Matsumoto, Shigeyuki 2.3

Mgmt ForForForYesElect Director Maeda, Masaya 2.4

Mgmt ForForForYesElect Director Saida, Kunitaro 2.5

Mgmt ForForForYesElect Director Kato, Haruhiko 2.6


Daewoo Shipbuilding & Marine Engineering Co.






Ticker: A042660



Votable Proposal

VotingPolicy Rec

Vote Instruction





3


Dentsu Inc.



Country: Japan


Primary Security ID: J1207N108

Ticker: 4324

Primary CUSIP: J1207N108 Primary ISIN: JP3551520004 Primary SEDOL: 6416281




Dentsu Inc.


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAmend Articles to Amend Business Lines - Adopt Board Structure with Audit Committee - Authorize Directors to Execute Day to Day Operations without Full Board Approval - Authorize Board to Determine Income Allocation

2

Mgmt ForForForYesElect Director Ishii, Tadashi 3.1

Mgmt ForForForYesElect Director Nakamoto, Shoichi 3.2

Mgmt ForForForYesElect Director Takada, Yoshio 3.3

Mgmt ForForForYesElect Director Timothy Andree 3.4

Mgmt ForForForYesElect Director Matsushima, Kunihiro 3.5

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Kato, Kenichi

4.1

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Toyama, Atsuko

4.2

Mgmt ForForForYesElect Director and Audit Committee Member Hasegawa, Toshiaki

4.3

Mgmt ForForForYesElect Director and Audit Committee Member Koga, Kentaro

4.4


5


6

Grupo Argos SA


Record Date:

Country: Colombia



Ticker: GRUPOARGOS

Primary CUSIP: N/A Primary ISIN: COT09PA00035 Primary SEDOL: B8SGSP6


Votable Proposal

VotingPolicy Rec

Vote Instruction





Grupo Argos SA


Votable Proposal

VotingPolicy Rec

Vote Instruction




4




7


Mgmt ForForForYesApprove Allocation for the Development of Social Responsibility Activities

9


Mgmt ForForForYesApprove Remuneration of Auditors 11

Hanon Systems






Ticker: A018880

Primary CUSIP: Y29874107 Primary ISIN: KR7018880005 Primary SEDOL: B00LR01


Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Isagen S.A. E.S.P.


Record Date:

Country: Colombia



Ticker: ISAGEN

Primary CUSIP: N/A Primary ISIN: COE16PA00016 Primary SEDOL: B1QY745




Isagen S.A. E.S.P.


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Verify Quorum and Approve Meeting Agenda Mgmt Yes For For For


Mgmt NoPresent Meeting Secretary's Report Re: Minutes of Previous Meetings

3


Mgmt NoPresent Corporate Governance Report 5

Mgmt NoPresent Management Report 6

Mgmt NoPresent Financial Statements 7

Mgmt NoPresent Auditor's Report 8


9





Just Retirement Group plc





Primary Security ID: G5S15Z107

Ticker: JRG

Primary CUSIP: N/A Primary ISIN: GB00BCRX1J15 Primary SEDOL: BCRX1J1


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Acquisition of Partnership Assurance Group plc


Mgmt ForForForYesAuthorise Issue of Shares in Connection with the Acquisition

2

Mgmt ForForForYesApprove Change of Company Name to JRP Group plc

3




Kakao Corp.






Ticker: A035720



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAmend Articles of Incorporation (Business Objectives)

2.1

Mgmt ForForForYesAmend Articles of Incorporation (Authorized Capital)

2.2

Mgmt AgainstAgainstForYesAmend Articles of Incorporation (Issuance of New Shares)

2.3

Mgmt ForForForYesAmend Articles of Incorporation (Issuance of Convertible Securities)

2.4

Mgmt ForForForYesAmend Articles of Incorporation (Shareholder Resolution)

2.5

Mgmt ForForForYesAmend Articles of Incorporation (Board Size) 2.6

Mgmt ForForForYesAmend Articles of Incorporation (Others) 2.7

Mgmt ForForForYesElect Kang Seong as Inside Director 3.1

Mgmt ForForForYesElect Lee Gyu-cheol as Outside Director 3.2

Mgmt ForForForYesElect Cho Min-sik as Member of Audit Committee

4.1

Mgmt ForForForYesElect Choi Jae-hong as Member of Audit Committee

4.2

Mgmt ForForForYesElect Choi Jun-ho as Member of Audit Committee

4.3


5

Kangwon Land Inc.






Ticker: A035250





Kangwon Land Inc.


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt AgainstAgainstForYesElect Three Non-independent Non-executive Directors (Bundled)

3.1

Mgmt AgainstAgainstForYesElect Two Outside Directors (Bundled) 3.2


4

Kasikornbank PCL



Country: Thailand



Ticker: KBANK

Primary CUSIP: Y4591R100 Primary ISIN: TH0016010009 Primary SEDOL: 6888783


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt NoAcknowledge Directors' Report 2


Mgmt ForForForYesApprove Allocation of Income and Dividend Payment

4

Mgmt ForForForYesElect Banthoon Lamsam as Director 5.1

Mgmt ForForForYesElect Nalinee Paiboon as Director 5.2

Mgmt ForForForYesElect Saravoot Yoovidhya as Director 5.3

Mgmt ForForForYesElect Piyasvasti Amranand as Director 5.4

Mgmt ForForForYesElect Kalin Sarasin as Director 5.5

Mgmt ForForForYesElect Sara Lamsam as Director 5.6

Mgmt ForForForYesApprove Names and Number of Directors Who Have Signing Authority

6





Kasikornbank PCL


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove KPMG Phoomchai Audit Ltd. as Auditors and Authorize Board to Fix Their Remuneration

8

Mgmt ForForForYesAmend Articles of Association: Board-Related 9

Mgmt NoOther Business 10

Kirin Holdings Co., Ltd.



Country: Japan



Ticker: 2503

Primary CUSIP: 497350108 Primary ISIN: JP3258000003 Primary SEDOL: 6493745


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Isozaki, Yoshinori 2.1

Mgmt ForForForYesElect Director Nishimura, Keisuke 2.2

Mgmt ForForForYesElect Director Ito, Akihiro 2.3

Mgmt ForForForYesElect Director Nonaka, Junichi 2.4

Mgmt ForForForYesElect Director Miyoshi, Toshiya 2.5

Mgmt ForForForYesElect Director Arima, Toshio 2.6

Mgmt ForForForYesElect Director Arakawa, Shoshi 2.7

Mgmt ForForForYesElect Director Iwata, Kimie 2.8

Mgmt ForForForYesElect Director Nagayasu, Katsunori 2.9

Mgmt ForForForYesAppoint Statutory Auditor Matsuda, Chieko 3

Lion Corp.



Country: Japan



Ticker: 4912





Lion Corp.


Votable Proposal

VotingPolicy Rec

Vote Instruction

1.1 Elect Director Hama, Itsuo Mgmt Yes For For For

Mgmt ForForForYesElect Director Watari, Yuji 1.2

Mgmt ForForForYesElect Director Kikukawa, Masazumi 1.3

Mgmt ForForForYesElect Director Kobayashi, Kenjiro 1.4

Mgmt ForForForYesElect Director Kakui, Toshio 1.5

Mgmt ForForForYesElect Director Sakakibara, Takeo 1.6

Mgmt ForForForYesElect Director Yamada, Hideo 1.7

Mgmt ForForForYesElect Director Uchida, Kazunari 1.8

Mgmt ForForForYesAppoint Alternate Statutory Auditor Yamaguchi, Takao

2

Mgmt ForForForYesApprove Director Retirement Bonus 3

Mabuchi Motor Co. Ltd.



Country: Japan



Ticker: 6592



Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesAppoint Statutory Auditor Someya, Kazuyuki 3.1

Mgmt AgainstAgainstForYesAppoint Statutory Auditor Motohashi, Nobutaka

3.2

Mgmt ForForForYesAppoint Statutory Auditor Masuda, Toru 3.3

Mgmt ForForForYesAppoint Statutory Auditor Asai, Takashi 3.4





Mirae Asset Securities Co.






Ticker: A037620

Primary CUSIP: Y6074E100 Primary ISIN: KR7037620002 Primary SEDOL: B0WD5H8


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesElect Cho Woong-gi as Inside Director 3.1.1

Mgmt ForForForYesElect Byun Jae-sang as Inside Director 3.1.2

Mgmt ForForForYesElect Lee Gwang-seop as Inside Director 3.1.3

Mgmt ForForForYesElect Park Jeong-chan as Outside Director 3.2.1

Mgmt ForForForYesElect Hong Song-il as Outside Director 3.2.2

Mgmt ForForForYesElect Cho Rae-hyeong as Outside Director 3.2.3

Mgmt ForForForYesElect Jeong Yoon-taek as Outside Director 3.2.4

Mgmt ForForForYesElect Lee Gwang-seop as Member of Audit Committee

4.1.1

Mgmt ForForForYesElect Park Jeong-chan as Member of Audit Committee

4.2.1

Mgmt ForForForYesElect Jeong Yoon-taek as Member of Audit Committee

4.2.2


5

Mgmt AgainstAgainstForYesApprove Terms of Retirement Pay 6

Nippon Electric Glass Co. Ltd.



Country: Japan



Ticker: 5214



Votable Proposal

VotingPolicy Rec

Vote Instruction






Nippon Electric Glass Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director Arioka, Masayuki 2.1

Mgmt ForForForYesElect Director Matsumoto, Motoharu 2.2

Mgmt ForForForYesElect Director Tomamoto, Masahiro 2.3

Mgmt ForForForYesElect Director Takeuchi, Hirokazu 2.4

Mgmt ForForForYesElect Director Saeki, Akihisa 2.5

Mgmt ForForForYesElect Director Tsuda, Koichi 2.6

Mgmt ForForForYesElect Director Odano, Sumimaru 2.7

Mgmt ForForForYesElect Director Yamazaki, Hiroki 2.8

Mgmt ForForForYesElect Director Mori, Shuichi 2.9

Mgmt ForForForYesAppoint Alternate Statutory Auditor Takahashi, Tsukasa

3


OCI Co. Ltd.






Ticker: A010060

Primary CUSIP: Y6435J103 Primary ISIN: KR7010060002 Primary SEDOL: 6497004


Votable Proposal

VotingPolicy Rec

Vote Instruction

1.1 Approve Financial Statements and Allocation of Income


Mgmt ForForForYesApprove Financial Statements 1.2

Mgmt ForForForYesElect Lee Su-young as Inside Director 2.1

Mgmt ForForForYesElect Lee Sang-seung as Outside Director 2.2

Mgmt ForForForYesElect Park Jin-ho as Outside Director 2.3

Mgmt ForForForYesElect Lee Sang-seung as Member of Audit Committee

3.1

Mgmt ForForForYesElect Park Jin-ho as Member of Audit Committee

3.2


4




Otsuka Holdings Co Ltd



Country: Japan



Ticker: 4578

Primary CUSIP: N/A Primary ISIN: JP3188220002 Primary SEDOL: B5LTM93


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles to Indemnify Directors - Indemnify Statutory Auditors


Mgmt ForForForYesElect Director Otsuka, Ichiro 2.1

Mgmt ForForForYesElect Director Higuchi, Tatsuo 2.2

Mgmt ForForForYesElect Director Makise, Atsumasa 2.3

Mgmt ForForForYesElect Director Matsuo, Yoshiro 2.4

Mgmt ForForForYesElect Director Tobe, Sadanobu 2.5

Mgmt ForForForYesElect Director Watanabe, Tatsuro 2.6

Mgmt ForForForYesElect Director Hirotomi, Yasuyuki 2.7

Mgmt ForForForYesElect Director Konose, Tadaaki 2.8

Mgmt ForForForYesElect Director Matsutani, Yukio 2.9

Mgmt ForForForYesAppoint Statutory Auditor Wachi, Yoko 3






Meeting Type: Court


Ticker: PA.



Votable Proposal

VotingPolicy Rec

Vote Instruction

Reconvened Court Meeting Mgmt No











Ticker: PA.



Votable Proposal

VotingPolicy Rec

Vote Instruction

Reconvened General Meeting Mgmt No

Mgmt ForForForYesApprove Matters Relating to the Acquisition of Partnership Assurance Group plc by Just Retirement Group plc

1a

Mgmt ForForForYesAmend Articles of Association 1b

Pola Orbis Holdings Inc



Country: Japan


Primary Security ID: J6388P103

Ticker: 4927

Primary CUSIP: N/A Primary ISIN: JP3855900001 Primary SEDOL: B5N4QN8


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Suzuki, Satoshi 2.1

Mgmt ForForForYesElect Director Kume, Naoki 2.2

Mgmt ForForForYesElect Director Fujii, Akira 2.3

Mgmt ForForForYesElect Director Miura, Takao 2.4

Mgmt ForForForYesElect Director Abe, Yoshifumi 2.5

Mgmt ForForForYesElect Director Komiya, Kazuyoshi 2.6

Mgmt ForForForYesElect Director Kamada, Yumiko 2.7

Mgmt ForForForYesElect Director Yokote, Yoshikazu 2.8




PT Jasa Marga (Persero) Tbk



Country: Indonesia



Ticker: JSMR

Primary CUSIP: Y71285103 Primary ISIN: ID1000108103 Primary SEDOL: B28T1S7


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesAccept Report of the Partnership and Community Development Program (PCDP)

2


Mgmt ForForForYesAppoint Auditors of the Company and the PCDP

4

Mgmt ForForForYesApprove Remuneration and Tantiem of Directors and Commissioners

5

Mgmt ForForForYesApprove Enforcement of the State-owned Minister Regulation Re: PCDP

6

Mgmt ForForForYesAccept Report on the Use of Proceeds from the Initial Public Offering (IPO) in the year 2007 and Jasa Marga Bonds

7

Mgmt AgainstAgainstForYesElect Directors and Commissioners 8

Rakuten Inc.



Country: Japan



Ticker: 4755



Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Articles to Amend Business Lines Mgmt Yes For For For

Mgmt ForForForYesElect Director Mikitani, Hiroshi 2.1

Mgmt ForForForYesElect Director Hosaka, Masayuki 2.2

Mgmt ForForForYesElect Director Charles B. Baxter 2.3

Mgmt ForForForYesElect Director Kutaragi, Ken 2.4

Mgmt ForForForYesElect Director Murai, Jun 2.5




Rakuten Inc.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director Youngme Moon 2.6

Mgmt ForForForYesElect Director Joshua G. James 2.7

Mgmt ForForForYesElect Director Mitachi, Takashi 2.8

Mgmt ForForForYesAppoint Statutory Auditor Yamaguchi, Katsuyuki

3.1

Mgmt AgainstAgainstForYesAppoint Statutory Auditor Uchida, Takahide 3.2

Mgmt ForForForYesApprove Deep Discount Stock Option Plan for Inside Directors, Executive Officers and Employees

4

Mgmt ForForForYesApprove Deep Discount Stock Option Plan for Outside Directors

5

Mgmt ForForForYesApprove Deep Discount Stock Option Plan for Statutory Auditors

6

Mgmt ForForForYesApply Special Clause to Stock Options for Residents of the State of California, U.S.A

7

Samsung Engineering Co. Ltd.






Ticker: A028050



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt AgainstAgainstForYesElect One Inside Director and Two Outside Directors (Bundled)

2

Mgmt AgainstAgainstForYesElect Kim Young-se as Member of Audit Committee

3


4





Sapporo Holdings Ltd.



Country: Japan



Ticker: 2501



Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesAmend Articles to Update Authorized Capital to Reflect Reverse Stock Split - Reduce Share Trading Unit - Indemnify Directors - Indemnify Statutory Auditors

3

Mgmt ForForForYesElect Director Kamijo, Tsutomu 4.1

Mgmt ForForForYesElect Director Watari, Junji 4.2

Mgmt ForForForYesElect Director Mizokami, Toshio 4.3

Mgmt ForForForYesElect Director Nose, Hiroyuki 4.4

Mgmt ForForForYesElect Director Soya, Shinichi 4.5

Mgmt ForForForYesElect Director Fukuhara, Mayumi 4.6

Mgmt ForForForYesElect Director Hattori, Shigehiko 4.7

Mgmt ForForForYesElect Director Ikeda, Teruhiko 4.8

Mgmt ForForForYesElect Director Uzawa, Shizuka 4.9

Mgmt ForForForYesAppoint Statutory Auditor Seki, Tetsuo 5.1

Mgmt ForForForYesAppoint Statutory Auditor Sato, Junya 5.2

Mgmt ForForForYesAppoint Alternate Statutory Auditor Yada, Tsugio

6


Showa Denko K.K.



Country: Japan



Ticker: 4004





Showa Denko K.K.


Votable Proposal

VotingPolicy Rec

Vote Instruction




2

Mgmt ForForForYesAmend Articles to Update Authorized Capital to Reflect Reverse Stock Split - Reduce Share Trading Unit - Indemnify Directors - Indemnify Statutory Auditors

3

Mgmt ForForForYesElect Director Takahashi, Kyohei 4.1

Mgmt ForForForYesElect Director Ichikawa, Hideo 4.2

Mgmt ForForForYesElect Director Amano, Masaru 4.3

Mgmt ForForForYesElect Director Muto, Saburo 4.4

Mgmt ForForForYesElect Director Morikawa, Kohei 4.5

Mgmt ForForForYesElect Director Nagai, Taichi 4.6

Mgmt ForForForYesElect Director Akiyama, Tomofumi 4.7

Mgmt ForForForYesElect Director Morita, Akiyoshi 4.8

Mgmt ForForForYesElect Director Oshima, Masaharu 4.9

Mgmt ForForForYesAppoint Statutory Auditor Koinuma, Akira 5.1

Mgmt ForForForYesAppoint Statutory Auditor Tezuka, Hiroyuki 5.2

Mgmt AgainstAgainstForYesAppoint Statutory Auditor Saito, Kiyomi 5.3


Mgmt ForForForYesApprove Aggregate Compensation Ceiling for Directors

7

Sidi Kerir Petrochemicals Co.


Record Date:

Country: Egypt



Ticker: SKPC

Primary CUSIP: M8411S100 Primary ISIN: EGS380S1C017 Primary SEDOL: B1R9JX2




Sidi Kerir Petrochemicals Co.


Votable Proposal

VotingPolicy Rec

Vote Instruction




2


3


Mgmt ForForForYesApprove Sitting Fees of Directors for FY 2016 5

Mgmt ForForForYesRatify Auditors and Fix His Remuneration 6

Mgmt AgainstAgainstForYesApprove Charitable Donations for FY 2015 and 2016

7

Mgmt ForForForYesApprove Discharge of Chairman and Directors for FY 2015

8

Skylark Co., Ltd.



Country: Japan



Ticker: 3197

Primary CUSIP: N/A Primary ISIN: JP3396210001 Primary SEDOL: BQQD167


Votable Proposal

VotingPolicy Rec

Vote Instruction

1.1 Elect Director Raul Alvarez Mgmt Yes For Against Against

Mgmt AgainstAgainstForYesElect Director Tani, Makoto 1.2

Mgmt ForForForYesElect Director Teraguchi, Hiroshi 1.3

Mgmt ForForForYesElect Director Sugimoto, Yuji 1.4

Mgmt ForForForYesElect Director David Gross-Loh 1.5

Mgmt ForForForYesElect Director Nishijo, Atsushi 1.6

Mgmt ForForForYesElect Director Yokoyama, Atsushi 1.7

Mgmt ForForForYesElect Director Wada, Yukihiro 1.8

Mgmt ForForForYesAppoint Statutory Auditor Nagata, Mitsuhiro 2




SUL AMERICA S.A.


Record Date:

Country: Brazil



Ticker: SULA11

Primary CUSIP: P87993120 Primary ISIN: BRSULACDAM12 Primary SEDOL: B27WYK0


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesFix Number of Directors 3


Mgmt AgainstAgainstForYesApprove Remuneration of Company's Management

5

Sumitomo Rubber Industries Ltd.



Country: Japan



Ticker: 5110



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Ikeda, Ikuji 2.1

Mgmt ForForForYesElect Director Tanaka, Hiroaki 2.2

Mgmt ForForForYesElect Director Nishi, Minoru 2.3

Mgmt ForForForYesElect Director Onga, Kenji 2.4

Mgmt ForForForYesElect Director Ii, Yasutaka 2.5

Mgmt ForForForYesElect Director Ishida, Hiroki 2.6

Mgmt ForForForYesElect Director Kuroda, Yutaka 2.7

Mgmt ForForForYesElect Director Yamamoto, Satoru 2.8

Mgmt ForForForYesElect Director Kosaka, Keizo 2.9

Mgmt ForForForYesElect Director Uchioke, Fumikiyo 2.10




Sumitomo Rubber Industries Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director Murakami, Kenji 2.11

Mgmt ForForForYesAppoint Statutory Auditor Murata, Morihiro 3

Suntory Beverage & Food Limited



Country: Japan



Ticker: 2587

Primary CUSIP: N/A Primary ISIN: JP3336560002 Primary SEDOL: BBD7Q84


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Kogo, Saburo 2.1

Mgmt ForForForYesElect Director Kurihara, Nobuhiro 2.2

Mgmt ForForForYesElect Director Okizaki, Yukio 2.3

Mgmt ForForForYesElect Director Torii, Nobuhiro 2.4

Mgmt ForForForYesElect Director Kakimi, Yoshihiko 2.5

Mgmt ForForForYesElect Director Tsuchida, Masato 2.6

Mgmt ForForForYesElect Director Naiki, Hachiro 2.7

Mgmt ForForForYesElect Director Inoue, Yukari 2.8

Mgmt AgainstAgainstForYesElect Director and Audit Committee Member Chiji, Kozo

3

Mgmt ForForForYesElect Alternate Director and Audit Committee Member Amitani, Mitsuhiro

4

Telecom Egypt SAE


Record Date:

Country: Egypt



Ticker: ETEL

Primary CUSIP: M87886103 Primary ISIN: EGS48031C016 Primary SEDOL: B0S6009




Telecom Egypt SAE


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Board Report on Company Operations for FY Ended on Dec. 31, 2015



2

Mgmt ForForForYesAccept Financial Statements for FY 2015 3


4


5

Mgmt ForForForYesApprove Changes in the Composition of the Board from Last AGM

6

Mgmt ForForForYesApprove Charitable Donations for FY 2016 7

Mgmt ForForForYesApprove Sitting Fees for FY 2016 8

Mgmt ForForForYesApprove Related Party Transactions for FY 2016

9

Mgmt ForForForYesApprove Allocation of Income from General Reserve to Retained Earnings

10

Mgmt ForForForYesApprove Allocation of Income and Dividends for FY 2015

11


Mgmt AgainstAgainstForYesApprove Resolution of Disputes with Certain Parties

13

Temple Bar Investment Trust plc






Ticker: TMPL



Votable Proposal

VotingPolicy Rec

Vote Instruction








Temple Bar Investment Trust plc


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesRe-elect Arthur Copple as Director 4

Mgmt ForForForYesRe-elect June de Moller as Director 5

Mgmt AgainstAgainstForYesRe-elect Richard Jewson as Director 6

Mgmt AgainstAgainstForYesRe-elect John Reeve as Director 7

Mgmt ForForForYesElect Dr Lesley Sherratt as Director 8

Mgmt ForForForYesRe-elect David Webster as Director 9

Mgmt ForForForYesReappoint Ernst & Young LLP as Auditors and Authorise Their Remuneration

10


11


12


The Siam Cement Public Co. Ltd.



Country: Thailand



Ticker: SCC

Primary CUSIP: Y7866P139 Primary ISIN: TH0003010Z04 Primary SEDOL: 6609917


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesAcknowledge Annual Report for Year 2015 2



Mgmt ForForForYesElect Chirayu Isarangkun Na Ayuthaya as Director

5.1

Mgmt ForForForYesElect Tarrin Nimmanahaeminda as Director 5.2

Mgmt ForForForYesElect Pramon Sutiwong as Director 5.3

Mgmt ForForForYesElect Tarisa Watanagase as Director 5.4

Mgmt ForForForYesApprove KPMG Phoomchai Audit Ltd. as Auditors and Authorize Board to Fix Their Remuneration

6




The Siam Cement Public Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Remuneration of Directors and Sub-Committee Members

7

Total Access Communication PCL.



Country: Thailand



Ticker: DTAC

Primary CUSIP: Y8904F133 Primary ISIN: TH0554010Z06 Primary SEDOL: B1Z4V22


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesAcknowledge 2015 Operating Report 2


Mgmt ForForForYesApprove Annual Dividend and Acknowledge Interim Dividend Payment

4

Mgmt ForForForYesElect Tore Johnsen as Director 5.

Mgmt ForForForYesElect Lars-Aake Valdemar Norling as Director 5.2

Mgmt AgainstAgainstForYesElect Haakon Bruaset Kjoel as Director 5.3

Mgmt ForForForYesElect Tone Rippel as Director 5.4

Mgmt ForForForYesElect Martin Jacob Furuseth as Director 5.5


Mgmt ForForForYesApprove EY Office Limited as Auditors and Authorize Board to Fix Their Remuneration

7

Mgmt ForForForYesApprove List of Restricted Foreign Dominance Behaviors

8

Toyo Tire & Rubber Co. Ltd.



Country: Japan



Ticker: 5105





Toyo Tire & Rubber Co. Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Komaguchi, Katsumi 2.1

Mgmt ForForForYesElect Director Shimizu, Takashi 2.2

Mgmt ForForForYesElect Director Ono, Koichi 2.3

Mgmt ForForForYesElect Director Ishino, Masaji 2.4

Mgmt ForForForYesElect Director Tatara, Tetsuo 2.5

Mgmt ForForForYesElect Director Namura, Hiroko 2.6

Mgmt ForForForYesElect Director Morita, Ken 2.7

Mgmt ForForForYesElect Director Takeda, Atsushi 2.8

Mgmt ForForForYesAppoint Statutory Auditor Hirano, Akio 3.1

Mgmt AgainstAgainstForYesAppoint Statutory Auditor Yamamoto, Sachio 3.2

Mgmt ForForForYesAppoint Statutory Auditor Saeki, Terumichi 3.3

Unicharm Corp.



Country: Japan



Ticker: 8113



Votable Proposal

VotingPolicy Rec

Vote Instruction

1.1 Elect Director Takahara, Keiichiro Mgmt Yes For For For

Mgmt ForForForYesElect Director Takahara, Takahisa 1.2

Mgmt ForForForYesElect Director Futagami, Gumpei 1.3

Mgmt ForForForYesElect Director Ishikawa, Eiji 1.4

Mgmt ForForForYesElect Director Mori, Shinji 1.5

Mgmt ForForForYesElect Director Nakano, Kennosuke 1.6

Mgmt ForForForYesElect Director Takai, Masakatsu 1.7

Mgmt ForForForYesElect Director Miyabayashi, Yoshihiro 1.8




UPL Limited



Country: India

Meeting Type: Court


Ticker: 512070

Primary CUSIP: Y9247H166 Primary ISIN: INE628A01036 Primary SEDOL: B0L0W35


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Scheme of Amalgamation of Advanta Ltd. and UPL Ltd.

1

Yamazaki Baking Co.,Ltd.



Country: Japan



Ticker: 2212

Primary CUSIP: 984632109 Primary ISIN: JP3935600001 Primary SEDOL: 6985509


Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Iijima, Nobuhiro 2.1

Mgmt ForForForYesElect Director Yamada, Kensuke 2.2

Mgmt ForForForYesElect Director Yoshida, Teruhisa 2.3

Mgmt ForForForYesElect Director Maruoka, Hiroshi 2.4

Mgmt ForForForYesElect Director Iijima, Mikio 2.5

Mgmt ForForForYesElect Director Yokohama, Michio 2.6

Mgmt ForForForYesElect Director Aida, Masahisa 2.7

Mgmt ForForForYesElect Director Inutsuka, Isamu 2.8

Mgmt ForForForYesElect Director Sekine, Osamu 2.9

Mgmt ForForForYesElect Director Iijima, Sachihiko 2.10

Mgmt ForForForYesElect Director Fukasawa, Tadashi 2.11

Mgmt ForForForYesElect Director Shoji, Yoshikazu 2.12

Mgmt ForForForYesElect Director Sonoda, Makoto 2.13




Yamazaki Baking Co.,Ltd.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesElect Director Harada, Akio 2.14

Mgmt ForForForYesElect Director Hatae, Keiko 2.15

Mgmt ForForForYesAppoint Statutory Auditor Yoshidaya, Ryoichi 3

Mgmt AgainstAgainstForYesApprove Director and Statutory Auditor Retirement Bonus

4

Mgmt AgainstAgainstForYesApprove Aggregate Compensation Ceiling for Directors

5

Yokohama Rubber Co. Ltd.



Country: Japan



Ticker: 5101



Votable Proposal

VotingPolicy Rec

Vote Instruction



Mgmt ForForForYesElect Director Nagumo, Tadanobu 2.1

Mgmt ForForForYesElect Director Noji, Hikomitsu 2.2

Mgmt ForForForYesElect Director Oishi, Takao 2.3

Mgmt ForForForYesElect Director Katsuragawa, Hideto 2.4

Mgmt ForForForYesElect Director Komatsu, Shigeo 2.5

Mgmt ForForForYesElect Director Kikuchi, Yasushi 2.6

Mgmt ForForForYesElect Director Mikami, Osamu 2.7

Mgmt ForForForYesElect Director Yamaishi, Masataka 2.8

Mgmt ForForForYesElect Director Nakano, Shigeru 2.9

Mgmt ForForForYesElect Director Furukawa, Naozumi 2.10

Mgmt ForForForYesElect Director Okada, Hideichi 2.11

Mgmt ForForForYesElect Director Takenaka, Nobuo 2.12




AES TIETE ENERGIA SA


Record Date:

Country: Brazil



Ticker: TIET4

Primary CUSIP: N/A Primary ISIN: BRTIETACNPR7 Primary SEDOL: BZ8W2K6


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Directors Mgmt Yes For Against Against

Aselsan Elektronik Sanayi ve Ticaret AS


Record Date:

Country: Turkey


Primary Security ID: M1501H100

Ticker: ASELS

Primary CUSIP: M1501H100 Primary ISIN: TRAASELS91H2 Primary SEDOL: B03MP41


Votable Proposal

VotingPolicy Rec

Vote Instruction



1










10

Mgmt AgainstAgainstForYesApprove Upper Limit of Donations for 2016 11

Mgmt AgainstAgainstForYesApprove Upper Limit of Sponsorships To Be Made in 2016

12

Mgmt ForForForYesApprove Profit Distribution Policy 13




Aselsan Elektronik Sanayi ve Ticaret AS


Votable Proposal

VotingPolicy Rec

Vote Instruction


14

Mgmt NoWishes 15

Bank Millennium SA



Country: Poland



Ticker: MIL

Primary CUSIP: X05407105 Primary ISIN: PLBIG0000016 Primary SEDOL: 4077323


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt NoReceive Information on Voting Procedures 2



Mgmt NoReceive Agenda of Meeting 5


Mgmt ForForForYesReceive and Approve Financial Statements and Management Board Report on Company's Operations in Fiscal 2015

7.1

Mgmt ForForForYesReceive and Approve Supervisory Board Report

7.2

Mgmt ForForForYesReceive and Approve Consolidated Financial Statements and Management Board Report on Group's Operations in Fiscal 2015

7.3


Mgmt ForForForYesApprove Discharge of Joao Nuno Lima Bras Jorge (CEO)

9.1

Mgmt ForForForYesApprove Discharge of Fernando Maria Cardoso Rodrigues Bicho (Management Board Member)

9.2

Mgmt ForForForYesApprove Discharge of Artur Klimczak (Management Board Member)

9.3

Mgmt ForForForYesApprove Discharge of Julianna Boniuk-Gorzelanczyk (Management Board Member)

9.4




Bank Millennium SA


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Discharge of Wojciech Haase (Management Board Member)

9.5

Mgmt ForForForYesApprove Discharge of Andrzej Glinski (Management Board Member)

9.6

Mgmt ForForForYesApprove Discharge of Maria Jose Henriques Barreto De Matos De Campos (Management Board Member)

9.7

Mgmt ForForForYesApprove Discharge of Michal Gajewski (Management Board Member)

9.8

Mgmt ForForForYesApprove Discharge of Boguslaw Kott (Supervisory Board Chairman)

9.9

Mgmt ForForForYesApprove Discharge of Nuno Manuel da Silva Amado (Supervisory Board Member)

9.10

Mgmt ForForForYesApprove Discharge of Maciej Bednarkiewicz (Supervisory Board Member)

9.11

Mgmt ForForForYesApprove Discharge of Marek Furtek (Supervisory Board Member)

9.12

Mgmt ForForForYesApprove Discharge of Miguel de Campos Pereira de Braganca (Supervisory Board Member)

9.13

Mgmt ForForForYesApprove Discharge of Luis Maria Franca da Castro Pereira Coutinho (Supervisory Board Member)

9.14

Mgmt ForForForYesApprove Discharge of Grzegorz Jedrys (Supervisory Board Member)

9.15

Mgmt ForForForYesApprove Discharge of Andrzej Kozminski (Supervisory Board Member)

9.16

Mgmt ForForForYesApprove Discharge of Maria da Conceicao Mota Soares de Oliveira Calle Lucas (Supervisory Board Member)

9.17

Mgmt ForForForYesApprove Discharge of Marek Rocki (Supervisory Board Member)

9.18

Mgmt ForForForYesApprove Discharge of Dariusz Rosati (Supervisory Board Member)

9.19

Mgmt ForForForYesApprove Discharge of Rui Manuel da Silva Teixeira (Supervisory Board Member)

9.20

Mgmt ForForForYesApprove Discharge of Julianna Boniuk-Gorzelanczyk (Supervisory Board Member)

9.21

Mgmt ForForForYesApprove Discharge of Agnieszka Hryniewicz-Bieniak (Supervisory Board Member)

9.22

Mgmt ForForForYesApprove Discharge of Anna Jakubowska (Supervisory Board Member)

9.23




Bank Millennium SA


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt ForForForYesApprove Discharge of David H. Klingensmith (Supervisory Board Member)

9.24

Mgmt ForForForYesApprove Discharge of Miguel Maya Dias Pinheiro (Supervisory Board Member)

9.25

Mgmt ForForForYesAmend Statute 10


CEMEX S.A.B. de C.V.



Country: Mexico


Primary Security ID: P2253T133

Ticker: CEMEX CPO



Votable Proposal

VotingPolicy Rec

Vote Instruction

Meeting for Holders of CPOs of Mexican Nationality Can Exercise Their Voting Rights with Respect to Series A and B Shares, While Those of Foreign Nationality Can Only Do so for Series B Shares

Mgmt No


1


Mgmt ForForForYesAuthorize Increase in Variable Portion of Capital via Capitalization of Reserves and Issuance of Treasury Shares

3

Mgmt ForForForYesElect Directors, Members and Chairmen of Audit, Corporate Practices and Finance Committees

4

Mgmt ForForForYesApprove Remuneration of Directors and Members of Audit, Corporate Practices and Finance Committees

5


6




CEMEX S.A.B. de C.V.



Country: Mexico


Primary Security ID: P2253T133

Ticker: CEMEX CPO



Votable Proposal

VotingPolicy Rec

Vote Instruction

Meeting for Holders of CPOs of Mexican Nationality Can Exercise Their Voting Rights with Respect to Series A and B Shares, While Those of Foreign Nationality Can Only Do so for Series B Shares

Mgmt No

Mgmt ForForForYesAuthorize Issuance of Convertible Debentures without Preemptive Rights

1


2

Credicorp Ltd.



Country: Bermuda


Primary Security ID: G2519Y108

Ticker: BAP

Primary CUSIP: G2519Y108 Primary ISIN: BMG2519Y1084 Primary SEDOL: 2232986


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Present 2015 Annual Report Mgmt No

Mgmt ForForForYesApprove Audited Consolidated Financial Statements of Credicorp and its Subsidiaries for FY 2015, Including External Auditors' Report

2

Mgmt ForForForYesApprove PricewaterhouseCoopers as External Auditors and Authorize Board to Fix Their Remuneration

3

Ecopetrol S.A.


Record Date:

Country: Colombia


Primary Security ID: P3661P101

Ticker: ECOPETROL

Primary CUSIP: N/A Primary ISIN: COC04PA00016 Primary SEDOL: B2473N4




Ecopetrol S.A.


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Safety Guidelines Mgmt No


Mgmt NoOpening by Chief Executive Officer 3



Mgmt ForForForYesAppoint Committee in Charge of Scrutinizing Elections and Polling

6


Mgmt NoPresent Board of Directors' Report, CEO's Evaluation and Compliance with the Corporate Governance Code

8

Mgmt NoPresent Board of Directors and Chairman's Report

9

Mgmt NoReceive Report from Representative of Minority Shareholders

10

Mgmt NoReceive Individual and Consolidated Financial Statements

11

Mgmt NoReceive Auditor's Report 12


13



15



Ecopetrol S.A.



Country: Colombia


Primary Security ID: P3661P101

Ticker: ECOPETROL

Primary CUSIP: N/A Primary ISIN: COC04PA00016 Primary SEDOL: B2473N4




Ecopetrol S.A.


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt NoSafety Guidelines 1


Mgmt NoOpening by Chief Executive Officer 3



Mgmt ForForForYesAppoint Committee in Charge of Scrutinizing Elections and Polling

6


Mgmt NoPresent Board of Directors' Report, CEO's Evaluation and Compliance with the Corporate Governance Code

8

Mgmt NoPresent Board of Directors and Chairman's Report

9

Mgmt NoReceive Report from Representative of Minority Shareholders

10

Mgmt NoReceive Individual and Consolidated Financial Statements

11

Mgmt NoReceive Auditor's Report 12


13



15



Eregli Demir ve Celik Fabrikalari TAS


Record Date:

Country: Turkey



Ticker: EREGL

Primary CUSIP: M40710101 Primary ISIN: TRAEREGL91G3 Primary SEDOL: B03MS97




Eregli Demir ve Celik Fabrikalari TAS


Votable Proposal

VotingPolicy Rec

Vote Instruction



1


2









10


Mgmt NoReceive Information on Guarantees, Pledges and Mortgages provided by the Company to Third Parties

12


13


Global Telecom Holding S.A.E.


Record Date:

Country: Egypt


Primary Security ID: M7526D107

Ticker: GTHE

Primary CUSIP: M7526D107 Primary ISIN: EGS74081C018 Primary SEDOL: B1VZ1Q3


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Amend Article 38 of Bylaws Mgmt Yes For Against Against




Global Telecom Holding S.A.E.


Record Date:

Country: Egypt


Primary Security ID: M7526D107

Ticker: GTHE

Primary CUSIP: M7526D107 Primary ISIN: EGS74081C018 Primary SEDOL: B1VZ1Q3


Votable Proposal

VotingPolicy Rec

Vote Instruction




2


3


4

Mgmt ForForForYesApprove Changes in the Composition of the Board

5


6

Mgmt AgainstAgainstForYesApprove Remuneration and Sitting Fees of Directors for FY 2016

7

Mgmt AgainstAgainstForYesApprove Charitable Donations for FY 2016 8

Mgmt ForForForYesApprove Related Party Transactions Re: VimpleCom, GTH Finance B.V and Other Items Related to the Matter

9

Grupo de Inversiones Suramericana SA


Record Date:

Country: Colombia


Primary Security ID: P4950L140

Ticker: GRUPOSURA

Primary CUSIP: N/A Primary ISIN: COT13PA00086 Primary SEDOL: BMSK715


Votable Proposal

VotingPolicy Rec

Vote Instruction




3





Grupo de Inversiones Suramericana SA


Votable Proposal

VotingPolicy Rec

Vote Instruction



6


Mgmt ForForForYesApprove Remuneration of Directors and Auditors

8



Infosys Ltd.



Country: India



Ticker: INFY

Primary CUSIP: Y4082C133 Primary ISIN: INE009A01021 Primary SEDOL: 6205122


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove 2015 Stock Incentive Compensation Plan (Plan) and Grant of Incentive to Eligible Employees Under the Plan

1

Mgmt ForForForYesApprove Grant of Incentives to Eligible Employees of the Company's Subsidiaries Under the Plan

2

Mgmt ForForForYesElect J.S. Lehman as Independent Director 3

Mgmt ForForForYesElect P. Kumar-Sinha as Independent Director 4

Mgmt ForForForYesApprove Reappointment and Remuneration of V. Sikka as CEO & Managing Director

5

Interconexion Electrica S.A. E.S.P.


Record Date:

Country: Colombia


Primary Security ID: P5624U101

Ticker: ISA

Primary CUSIP: N/A Primary ISIN: COE15PA00026 Primary SEDOL: 2205706




Interconexion Electrica S.A. E.S.P.


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Elect Chairman of Meeting Mgmt Yes For For For

Mgmt NoPresent Meeting Secretary's Report Re: Minutes of Meetings Held on March 27, 2015 and July 13, 2015

2


Mgmt NoMessage from Mines and Energy Minister Tomás González Estrada

4

Mgmt NoWelcome Message from Chairman and Presentation of Board Report

5

Mgmt ForForForYesApprove Management Report 6

Mgmt NoReceive Corporate Governance Compliance Report

7

Mgmt NoPresent Individual and Consolidated Financial Statements

8

Mgmt NoPresent Auditor's Report 9

Mgmt ForForForYesApprove Individual and Consolidated Financial Statements

10



12






Intouch Holdings Public Company Limited



Country: Thailand



Ticker: INTUCH

Primary CUSIP: Y77496167 Primary ISIN: TH0201A10Y01 Primary SEDOL: BKXLD77






Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Matters to be Informed Mgmt Yes For For For

Mgmt ForForForYesApprove Minutes of Previous Meeting 2

Mgmt ForForForYesAcknowledge Operating Results 3


Mgmt ForForForYesApprove Allocation of Income and Annual Dividends

5.1

Mgmt ForForForYesApprove Allocation of Income and Interim Dividend

5.2

Mgmt ForForForYesApprove Deloitte Touche Tohmatsu Jaiyos Audit Co., Ltd. as Auditors and Authorize Board to Fix Their Remuneration

6

Mgmt ForForForYesElect Somchai Supphatada as Director 7.1

Mgmt ForForForYesElect Kwek Buck Chye as Director 7.2

Mgmt ForForForYesElect Sopawadee Lertmanaschai as Director 7.3

Mgmt ForForForYesElect Philip Chen Chong Tan as Director 8


Mgmt ForForForYesApprove Issuance of Warrants to Employees of the Company and Subsidiaries

10

Mgmt ForForForYesApprove Issuance of Shares Reserved for the Exercise of the Warrants

11

Mgmt ForForForYesApprove Allocation of Warrants of More Than 5 Percent of the Total Warrants Under the Plan to Philip Chen Chong Tan

12.1

Mgmt ForForForYesApprove Allocation of Warrants of More Than 5 Percent of the Total Warrants Under the Plan to Anek Pana-apichon

12.2

Mgmt ForForForYesApprove Allocation of Warrants of More Than 5 Percent of the Total Warrants Under the Plan to Wichai Kittiwittayakul

12.3

Mgmt ForForForYesApprove Allocation of Warrants of More Than 5 Percent of the Total Warrants Under the Plan to Kim Siritaweechai

12.4

Mgmt ForForForYesApprove Allocation of Warrants of More Than 5 Percent of the Total Warrants Under the Plan to Pattarasak Uttamayodhin

12.5

Mgmt ForForForYesApprove Allocation of Warrants of More Than 5 Percent of the Total Warrants Under the Plan to Anan Chatngoenngam

12.6






Votable Proposal

VotingPolicy Rec

Vote Instruction


Low & Bonar plc






Ticker: LWB



Votable Proposal

VotingPolicy Rec

Vote Instruction





Mgmt ForForForYesElect Kevin Matthews as Director 4

Mgmt ForForForYesRe-elect Martin Flower as Director 5

Mgmt ForForForYesRe-elect Brett Simpson as Director 6

Mgmt ForForForYesRe-elect Steve Hannam as Director 7

Mgmt ForForForYesRe-elect Mike Holt as Director 8

Mgmt ForForForYesRe-elect Trudy Schoolenberg as Director 9




12


13


14


15


Votable Proposal

VotingPolicy Rec

Vote Instruction




Low & Bonar plc


Votable Proposal

VotingPolicy Rec

Vote Instruction


1



Mgmt ForForForYesElect Kevin Matthews as Director 4

Mgmt ForForForYesRe-elect Martin Flower as Director 5

Mgmt ForForForYesRe-elect Brett Simpson as Director 6

Mgmt ForForForYesRe-elect Steve Hannam as Director 7

Mgmt ForForForYesRe-elect Mike Holt as Director 8

Mgmt ForForForYesRe-elect Trudy Schoolenberg as Director 9




12


13


14


15

Pidilite Industries Limited



Country: India



Ticker: 500331

Primary CUSIP: Y6977T139 Primary ISIN: INE318A01026 Primary SEDOL: B0JJV59


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesApprove Grant of Options to Employees of the Company Under the Employee Stock Option Plan 2016 (ESOP 2016)

1

Mgmt ForForForYesApprove Grant of Options to Employees/Directors of Subsidiaries Under ESOP 2016

2




Raia Drogasil S.A.


Record Date:

Country: Brazil



Ticker: RADL3

Primary CUSIP: P3587W107 Primary ISIN: BRRADLACNOR0 Primary SEDOL: B7FQV64


Votable Proposal

VotingPolicy Rec

Vote Instruction




Mgmt ForForForYesApprove Remuneration of Company's Management

3

Mgmt ForForForYesDesignate Newspapers to Publish Company Announcements

4

Tofas Turk Otomobil Fabrikasi AS


Record Date:

Country: Turkey



Ticker: TOASO

Primary CUSIP: M87892101 Primary ISIN: TRATOASO91H3 Primary SEDOL: B03MY33


Votable Proposal

VotingPolicy Rec

Vote Instruction



1













Tofas Turk Otomobil Fabrikasi AS


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesReceive Information on Charitable Donations for 2015 and Approve Upper Limit of Donations for 2016

11


12


13

Mgmt NoWishes 14

Turk Telekomunikasyon AS


Record Date:

Country: Turkey


Primary Security ID: M9T40N131

Ticker: TTKOM

Primary CUSIP: Y90033104 Primary ISIN: TRETTLK00013 Primary SEDOL: B2RCGV5


Votable Proposal

VotingPolicy Rec

Vote Instruction



1


2

Mgmt NoRead Board Report 3

Mgmt NoRead Audit Report 4





Mgmt ForForForYesApprove Internal Auditor Remuneration 9




12




Turk Telekomunikasyon AS


Votable Proposal

VotingPolicy Rec

Vote Instruction


13

Mgmt NoReceive Information on Issues as per Article 1.3.1 of the Capital markets Board Corporate Governance Principles

14


15


Mgmt ForForForYesAuthorize Board to Acquire Businesses up to a EUR 500 Million Value

17

Mgmt ForForForYesAuthorize Board to Establish New Companies in Relation to Business Acquired

18


19


Turkiye Garanti Bankasi A.S.


Record Date:

Country: Turkey



Ticker: GARAN

Primary CUSIP: M4752S106 Primary ISIN: TRAGARAN91N1 Primary SEDOL: B03MYP5


Votable Proposal

VotingPolicy Rec

Vote Instruction


Mgmt ForForForYesOpen Meeting, Elect Presiding Council of Meeting and Authorize the Presiding Council to Sign Meeting Minutes

1


Mgmt ForForForYesAccept Audit Reports 3


Mgmt ForForForYesAmend Articles Reflect Changes in Capital 5






Turkiye Garanti Bankasi A.S.


Votable Proposal

VotingPolicy Rec

Vote Instruction

Mgmt AgainstAgainstForYesElect Director 8






13


14


15

Turkiye Halk Bankasi A.S.


Record Date:

Country: Turkey


Primary Security ID: M9032A106

Ticker: HALKB

Primary CUSIP: M9032A106 Primary ISIN: TRETHAL00019 Primary SEDOL: B1WTMP0


Votable Proposal

VotingPolicy Rec

Vote Instruction



1





Mgmt ForForForYesApprove Discharge of Board and Auditors 6

Mgmt AgainstAgainstForYesElect Board of Directors and Internal Auditors 7

Mgmt ForForForYesApprove Remuneration of Directors and Internal Auditors

8





Turkiye Halk Bankasi A.S.


Votable Proposal

VotingPolicy Rec

Vote Instruction


10


11


Wal-Mart de Mexico S.A.B. de C.V.



Country: Mexico



Ticker: WALMEX *

Primary CUSIP: P98180105 Primary ISIN: MX01WA000038 Primary SEDOL: BW1YVH8


Votable Proposal

VotingPolicy Rec

Vote Instruction

1.a Approve Board of Directors' Report Mgmt Yes For For For

Mgmt ForForForYesApprove CEO's Reports 1.b

Mgmt ForForForYesApprove Report of Audit and Corporate Practices Committees

1.c

Mgmt ForForForYesApprove Report on Adherence to Fiscal Obligations

1.d

Mgmt ForForForYesApprove Report Re: Employee Stock Purchase Plan

1.e

Mgmt ForForForYesApprove Report on Share Repurchase Reserves

1.f

Mgmt ForForForYesApprove Report on Wal-Mart de Mexico Foundation

1.g

Mgmt ForForForYesApprove Consolidated Financial Statements 2


Mgmt ForForForYesApprove Reduction in Share Capital via Cancellation of Treasury Shares

4

Mgmt ForForForYesElect or Ratify Directors, Chairmen of Audit and Corporate Practices Committees; Approve Their Remuneration

5


6




Wal-Mart de Mexico S.A.B. de C.V.



Country: Mexico



Ticker: WALMEX *

Primary CUSIP: P98180105 Primary ISIN: MX01WA000038 Primary SEDOL: BW1YVH8


Votable Proposal

VotingPolicy Rec

Vote Instruction

1 Approve Clauses 2 and 8 of Bylaws Mgmt Yes For For For


Yapi Ve Kredi Bankasi AS


Record Date:

Country: Turkey


Primary Security ID: M9869G101

Ticker: YKBNK

Primary CUSIP: M9869G101 Primary ISIN: TRAYKBNK91N6 Primary SEDOL: B03MZJ6


Votable Proposal

VotingPolicy Rec

Vote Instruction



1


2

Mgmt AgainstAgainstForYesRatify Director Appointment 3








Mgmt ForForForYesReceive Information on Charitable Donations for 2015 and Approve Upper Limit of Donations for 2016

11




Yapi Ve Kredi Bankasi AS


Votable Proposal

VotingPolicy Rec

Vote Instruction


12

Mgmt NoWishes 13

PARAMETERS

Location(s): State Street Global AdvisorsAccount Group(s): All Account GroupsInstitution Account(s): All Institution AccountsCustodian Account(s): All Custodian AccountsAdditional Policy: NoneADR Meetings: All MeetingsBallot Statuses: All StatusesContrary Votes: All VotesDate Format: MM/DD/YYYYHeader Display: Repeat Headers for Any Meeting Split by Multiple PagesMarkets: All MarketsMeeting ID's: All Meeting ID'sMeeting Types: All Meeting TypesPoA Markets: All MarketsProposal Proponents: All ProponentsRationale: All RationaleRecommendations: All RecommendationsRecord Date Markets: All MarketsShareblocking Markets: All MarketsSort Order: Meeting Date, Company NameVote Instructions: All InstructionsVoting Policies: All PoliciesZero (0) Share Ballots: Exclude 0 Share BallotsAccount Watchlist: SSgA Quarterly VSR - 80315Country Watchlist: NoneIssuer Watchlist: NoneProposal Code Watchlist: NoneProposal Code Watchlist - Agenda Output: Include Exact Matches Only