<SEC-DOCUMENT>0002000324-25-003223.txt : 20250827
<SEC-HEADER>0002000324-25-003223.hdr.sgml : 20250827
<ACCEPTANCE-DATETIME>20250827090024
ACCESSION NUMBER:		0002000324-25-003223
CONFORMED SUBMISSION TYPE:	N-PX
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250630
FILED AS OF DATE:		20250827
DATE AS OF CHANGE:		20250827
EFFECTIVENESS DATE:		20250827

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GABELLI MULTIMEDIA TRUST INC.
		CENTRAL INDEX KEY:			0000921671
		ORGANIZATION NAME:           	
		EIN:				133767317
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-PX
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-08476
		FILM NUMBER:		251260116

	BUSINESS ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580
		BUSINESS PHONE:		9149215070

	MAIL ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		STREET 2:		ONE CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580-1434

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GABELLI GLOBAL MULTIMEDIA TRUST INC
		DATE OF NAME CHANGE:	19940414
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-PX
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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      <liveTestFlag>LIVE</liveTestFlag>
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      <periodOfReport>06/30/2025</periodOfReport>
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    <coverPage>
      <yearOrQuarter>YEAR</yearOrQuarter>
      <reportCalendarYear>2025</reportCalendarYear>
      <reportingPerson>
        <name>GABELLI MULTIMEDIA TRUST INC.</name>
        <phoneNumber>1-800-422-3554</phoneNumber>
        <address>
          <com:street1>Gabelli Funds, LLC</com:street1>
          <com:street2>One Corporate Center</com:street2>
          <com:city>Rye</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10580-1422</com:zipCode>
        </address>
      </reportingPerson>
      <agentForService>
        <name>John C. Ball</name>
        <address>
          <com:street1>Gabelli Funds, LLC</com:street1>
          <com:street2>One Corporate Center</com:street2>
          <com:city>Rye</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10580-1422</com:zipCode>
        </address>
      </agentForService>
      <reportInfo>
        <reportType>FUND VOTING REPORT</reportType>
      </reportInfo>
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      <leiNumber>8B48B6VEL86XSAPNEF03</leiNumber>
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        <explanatoryChoice>N</explanatoryChoice>
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    <summaryPage>
      <otherIncludedManagersCount>0</otherIncludedManagersCount>
    </summaryPage>
    <seriesPage>
      <seriesCount>0</seriesCount>
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    <signaturePage>
      <reportingPerson>GABELLI MULTIMEDIA TRUST INC.</reportingPerson>
      <txSignature>John C. Ball</txSignature>
      <txPrintedSignature>John C. Ball</txPrintedSignature>
      <txTitle>Treasurer and Principal Financial Officer</txTitle>
      <txAsOfDate>08/27/2025</txAsOfDate>
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<DOCUMENT>
<TYPE>PROXY VOTING RECORD
<SEQUENCE>2
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    <inf:voteDescription>To approve the adjournment of the Special Meeting to a later date if necessary to solicit additional proxies if there are not sufficient votes to approve the foregoing proposals at the time of the Special Meeting, or any adjournment or postponement thereof.</inf:voteDescription>
    <inf:voteCategories>
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        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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  <inf:proxyTable>
    <inf:issuerName>UBISOFT ENTERTAINMENT</inf:issuerName>
    <inf:cusip>F9396N106</inf:cusip>
    <inf:isin>FR0000054470</inf:isin>
    <inf:meetingDate>07/11/2024</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE CORPORATE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024</inf:voteDescription>
    <inf:voteCategories>
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        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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  <inf:proxyTable>
    <inf:issuerName>UBISOFT ENTERTAINMENT</inf:issuerName>
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    <inf:meetingDate>07/11/2024</inf:meetingDate>
    <inf:voteDescription>ALLOCATION OF INCOME FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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  <inf:proxyTable>
    <inf:issuerName>UBISOFT ENTERTAINMENT</inf:issuerName>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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  <inf:proxyTable>
    <inf:issuerName>UBISOFT ENTERTAINMENT</inf:issuerName>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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    <inf:issuerName>UBISOFT ENTERTAINMENT</inf:issuerName>
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        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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  <inf:proxyTable>
    <inf:issuerName>UBISOFT ENTERTAINMENT</inf:issuerName>
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        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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  <inf:proxyTable>
    <inf:issuerName>UBISOFT ENTERTAINMENT</inf:issuerName>
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    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
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  <inf:proxyTable>
    <inf:issuerName>UBISOFT ENTERTAINMENT</inf:issuerName>
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      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
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  <inf:proxyTable>
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      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
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  <inf:proxyTable>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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  </inf:proxyTable>
  <inf:proxyTable>
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    <inf:isin>FR0000054470</inf:isin>
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    <inf:voteDescription>APPOINTMENT OF THE FIRM MAZARS SA AS STATUTORY AUDITOR RESPONSIBLE FOR CERTIFYING SUSTAINABILITY INFORMATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
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  <inf:proxyTable>
    <inf:issuerName>UBISOFT ENTERTAINMENT</inf:issuerName>
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    <inf:meetingDate>07/11/2024</inf:meetingDate>
    <inf:voteDescription>AUTHORIZATION TO THE BOARD OF DIRECTORS TO TRADE IN THE SHARES OF THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
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  <inf:proxyTable>
    <inf:issuerName>UBISOFT ENTERTAINMENT</inf:issuerName>
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    <inf:isin>FR0000054470</inf:isin>
    <inf:meetingDate>07/11/2024</inf:meetingDate>
    <inf:voteDescription>AUTHORIZATION TO THE BOARD OF DIRECTORS TO REDUCE THE SHARE CAPITAL BY CANCELLING TREASURY SHARES HELD BY THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>AUTHORISATION FOR THE BOARD OF DIRECTORS TO TRADE IN THE COMPANYS SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>AUTHORISATION ENABLING THE BOARD OF DIRECTORS TO REDUCE THE SHARE CAPITAL VIA THE CANCELLATION OF TREASURY SHARES HELD BY THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO INCREASE THE SHARE CAPITAL BY ISSUING SHARES AND/OR MARKETABLE SECURITIES GIVING IMMEDIATE OR FUTURE ACCESS TO EQUITY SECURITIES TO BE ISSUED, WITH THE MAINTENANCE OF THE SHAREHOLDERS PREFERENTIAL SUBSCRIPTION RIGHT (PSR)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO INCREASE THE SHARE CAPITAL BY ISSUING SHARES AND/OR MARKETABLE SECURITIES GIVING IMMEDIATE OR FUTURE RIGHTS TO EQUITY SECURITIES, WITH CANCELLATION OF SHAREHOLDERS PSR THROUGH A PUBLIC OFFER OTHER THAN THAT REFERRED TO IN PARAGRAPH 1 OF ARTICLE L. 411-2 OF THE FRENCH MONETARY AND FINANCIAL CODE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO INCREASE THE SHARE CAPITAL BY ISSUING SHARES AND/OR MARKETABLE SECURITIES GIVING IMMEDIATE OR FUTURE ACCESS TO EQUITY SECURITIES TO BE ISSUED, WITH CANCELLATION OF SHAREHOLDERS PSR THROUGH PRIVATE PLACEMENTS REFERRED TO IN PARAGRAPH 1 OF ARTICLE L. 411-2 OF THE FRENCH MONETARY AND FINANCIAL CODE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>AUTHORISATION FOR THE BOARD OF DIRECTORS TO INCREASE THE NUMBER OF SECURITIES TO BE ISSUED IN THE EVENT OF EXCESS DEMAND, UP TO A LIMIT OF 15% OF THE INITIAL ISSUE, WITH MAINTENANCE OR CANCELLATION OF SHAREHOLDERS PSR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO SET THE ISSUE PRICE OF THE SECURITIES TO BE ISSUED, WITH CANCELLATION OF SHAREHOLDERS PSR, BY PUBLIC OFFERING OR BY PRIVATE PLACEMENT, UP TO THE LIMIT OF 10% OF THE SHARE CAPITAL PER YEAR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO INCREASE THE SHARE CAPITAL BY ISSUING SHARES AND/OR MARKETABLE SECURITIES GIVING IMMEDIATE OR FUTURE ACCESS TO THE EQUITY SECURITIES TO BE ISSUED, WITH CANCELLATION OF SHAREHOLDERS PSR IN THE EVENT OF A PUBLIC EXCHANGE OFFER INITIATED BY THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO ISSUE ORDINARY SHARES AND MARKETABLE SECURITIES GIVING ACCESS TO THE CAPITAL IN CONSIDERATION FOR CONTRIBUTIONS IN KIND GRANTED TO THE COMPANY, UP TO THE LIMIT OF 10% OF THE SHARE CAPITAL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO INCREASE THE CAPITAL BY INCORPORATION OF RESERVES, PROFITS OR PREMIUMS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO THE BOARD OF DIRECTORS TO CARRY OUT A CAPITAL INCREASE RESERVED FOR EMPLOYEES OF THE COMPANY OR COMPANIES RELATED TO IT, WITH CANCELLATION OF PSR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>AUTHORISATION TO THE BOARD OF DIRECTORS TO ALLOCATE NEW OR EXISTING BONUS SHARES IN THE COMPANY FOR THE BENEFIT OF THE COMPANYS EMPLOYEES OR CORPORATE OFFICERS AND THOSE OF RELATED COMPANIES, WHICH AUTOMATICALLY ENTAILS A WAIVER OF SHAREHOLDERS PREFERENTIAL SUBSCRIPTION RIGHTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>REMY COINTREAU SA</inf:issuerName>
    <inf:cusip>F7725A100</inf:cusip>
    <inf:isin>FR0000130395</inf:isin>
    <inf:meetingDate>07/18/2024</inf:meetingDate>
    <inf:voteDescription>POWERS TO CARRY OUT FORMALITIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To receive the Company's accounts, the strategic report and reports of the Directors and the auditor for the year ended 31 March 2024.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To re-elect Jean-Francois van Boxmeer as a Director.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To re-elect Margherita Della Valle as a Director.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To elect Luka Mucic as a Director.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To re-elect Stephen A. Carter CBE as a Director.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To re-elect Michel Demare as a Director.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To elect Hatem Dowidar as a Director.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To re-elect Delphine Ernotte Cunci as a Director.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To re-elect Deborah Kerr as a Director.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To re-elect Maria Amparo Moraleda Martinez as a Director.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To re-elect David Nish as a Director.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To re-elect Christine Ramon as a Director.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To re-elect Simon Segars as a Director.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To declare a final dividend of 4.50 eurocents per ordinary share for the year ended 31 March 2024.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To approve the Annual Report on Remuneration contained in the Remuneration Report of the Board for the year ended 31 March 2024.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To reappoint Ernst &amp; Young LLP as the Company's auditor until the end of the next general meeting at which accounts are laid before the Company.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To authorise the Audit and Risk Committee to determine the remuneration of the auditor.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To authorise the Directors to allot shares.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To authorise the Directors to dis-apply pre-emption rights (Special Resolution)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>WITHHOLD</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To authorise the Directors to dis-apply pre-emption rights up to a further 5 percent for the purposes of financing an acquisition or other capital investment (Special Resolution)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To authorise the Company to purchase its own shares (Special Resolution)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To authorise political donations and expenditure.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VODAFONE GROUP PLC</inf:issuerName>
    <inf:cusip>92857W308</inf:cusip>
    <inf:isin>US92857W3088</inf:isin>
    <inf:meetingDate>07/30/2024</inf:meetingDate>
    <inf:voteDescription>To authorise the Company to call general meetings (other than AGMs) on 14 clear days' notice (Special Resolution)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>50000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ANTERIX INC.</inf:issuerName>
    <inf:cusip>03676C100</inf:cusip>
    <inf:isin>US03676C1009</inf:isin>
    <inf:meetingDate>08/06/2024</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the 2025 Annual Meeting of Stockholders and until their respective successors are elected and qualified: Morgan E. O'Brien</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>21000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ANTERIX INC.</inf:issuerName>
    <inf:cusip>03676C100</inf:cusip>
    <inf:isin>US03676C1009</inf:isin>
    <inf:meetingDate>08/06/2024</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the 2025 Annual Meeting of Stockholders and until their respective successors are elected and qualified: Robert H. Schwartz</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>21000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ANTERIX INC.</inf:issuerName>
    <inf:cusip>03676C100</inf:cusip>
    <inf:isin>US03676C1009</inf:isin>
    <inf:meetingDate>08/06/2024</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the 2025 Annual Meeting of Stockholders and until their respective successors are elected and qualified: Jeffrey A. Altman</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>21000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ANTERIX INC.</inf:issuerName>
    <inf:cusip>03676C100</inf:cusip>
    <inf:isin>US03676C1009</inf:isin>
    <inf:meetingDate>08/06/2024</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the 2025 Annual Meeting of Stockholders and until their respective successors are elected and qualified: Leslie B. Daniels</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>21000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ANTERIX INC.</inf:issuerName>
    <inf:cusip>03676C100</inf:cusip>
    <inf:isin>US03676C1009</inf:isin>
    <inf:meetingDate>08/06/2024</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the 2025 Annual Meeting of Stockholders and until their respective successors are elected and qualified: Mark A. Fleischhauer</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>21000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ANTERIX INC.</inf:issuerName>
    <inf:cusip>03676C100</inf:cusip>
    <inf:isin>US03676C1009</inf:isin>
    <inf:meetingDate>08/06/2024</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the 2025 Annual Meeting of Stockholders and until their respective successors are elected and qualified: Thomas R. Kuhn</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>21000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ANTERIX INC.</inf:issuerName>
    <inf:cusip>03676C100</inf:cusip>
    <inf:isin>US03676C1009</inf:isin>
    <inf:meetingDate>08/06/2024</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the 2025 Annual Meeting of Stockholders and until their respective successors are elected and qualified: William E. Heard</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>21000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ANTERIX INC.</inf:issuerName>
    <inf:cusip>03676C100</inf:cusip>
    <inf:isin>US03676C1009</inf:isin>
    <inf:meetingDate>08/06/2024</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the 2025 Annual Meeting of Stockholders and until their respective successors are elected and qualified: Scott A. Lang</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>21000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ANTERIX INC.</inf:issuerName>
    <inf:cusip>03676C100</inf:cusip>
    <inf:isin>US03676C1009</inf:isin>
    <inf:meetingDate>08/06/2024</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the 2025 Annual Meeting of Stockholders and until their respective successors are elected and qualified: Mahvash Yazdi</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>21000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ANTERIX INC.</inf:issuerName>
    <inf:cusip>03676C100</inf:cusip>
    <inf:isin>US03676C1009</inf:isin>
    <inf:meetingDate>08/06/2024</inf:meetingDate>
    <inf:voteDescription>To approve, on an advisory (non-binding) basis, the compensation of our named executive officers.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>21000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ANTERIX INC.</inf:issuerName>
    <inf:cusip>03676C100</inf:cusip>
    <inf:isin>US03676C1009</inf:isin>
    <inf:meetingDate>08/06/2024</inf:meetingDate>
    <inf:voteDescription>To approve Amendment No. 1 to the Anterix Inc. 2023 Stock Plan to increase the number of shares available for issuance under the plan and clarify certain vesting restriction provisions.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>21000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ANTERIX INC.</inf:issuerName>
    <inf:cusip>03676C100</inf:cusip>
    <inf:isin>US03676C1009</inf:isin>
    <inf:meetingDate>08/06/2024</inf:meetingDate>
    <inf:voteDescription>To ratify the appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending March 31, 2025.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>21000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RESERVOIR MEDIA, INC.</inf:issuerName>
    <inf:cusip>76119X105</inf:cusip>
    <inf:isin>US76119X1054</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Election of Director: Ezra S. Field</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RESERVOIR MEDIA, INC.</inf:issuerName>
    <inf:cusip>76119X105</inf:cusip>
    <inf:isin>US76119X1054</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Election of Director: Golnar Khosrowshahi</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RESERVOIR MEDIA, INC.</inf:issuerName>
    <inf:cusip>76119X105</inf:cusip>
    <inf:isin>US76119X1054</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Election of Director: Ryan P. Taylor</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RESERVOIR MEDIA, INC.</inf:issuerName>
    <inf:cusip>76119X105</inf:cusip>
    <inf:isin>US76119X1054</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Ratification of the appointment of Deloitte &amp; Touche LLP as the independent registered public accounting firm.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Re-Election of Director who will retire pursuant to Article 94 of our Constitution: Revathi Advaithi</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Re-Election of Director who will retire pursuant to Article 94 of our Constitution: John D. Harris II</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Re-Election of Director who will retire pursuant to Article 94 of our Constitution: Michael E. Hurlston</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Re-Election of Director who will retire pursuant to Article 94 of our Constitution: Erin L. McSweeney</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Re-Election of Director who will retire pursuant to Article 94 of our Constitution: Charles K. Stevens, III</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Re-Election of Director who will retire pursuant to Article 94 of our Constitution: Maryrose T. Sylvester</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Re-Election of Director who will retire pursuant to Article 94 of our Constitution: Lay Koon Tan</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Re-Election of Director who will retire pursuant to Article 94 of our Constitution: Patrick J. Ward</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>Re-Election of Director who will retire pursuant to Article 94 of our Constitution: William D. Watkins</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>To approve the re-appointment of Deloitte &amp; Touche LLP as our independent auditors for the 2025 fiscal year and to authorize the Board of Directors, upon the recommendation of the Audit Committee, to fix their remuneration.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>NON-BINDING, ADVISORY RESOLUTION. To approve the compensation of the Company's named executive officers, as disclosed pursuant to Item 402 of Regulation S-K, set forth in &#34;Compensation Discussion and Analysis&#34; and in the compensation tables and the accompanying narrative disclosure under &#34;Executive Compensation&#34; in the Company's proxy statement relating to its 2024 Annual General Meeting.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>To approve a general authorization for the directors of Flex to allot and issue ordinary shares.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLEX LTD.</inf:issuerName>
    <inf:cusip>Y2573F102</inf:cusip>
    <inf:isin>SG9999000020</inf:isin>
    <inf:meetingDate>08/08/2024</inf:meetingDate>
    <inf:voteDescription>To approve a renewal of the Share Purchase Mandate permitting Flex to purchase or otherwise acquire its own issued ordinary shares.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>11000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>11000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORASCOM FINANCIAL HOLDING</inf:issuerName>
    <inf:cusip>ADPV51525</inf:cusip>
    <inf:isin>EGS696S1C016</inf:isin>
    <inf:meetingDate>08/18/2024</inf:meetingDate>
    <inf:voteDescription>BOARD OF DIRECTORS RESTRUCTURE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>95000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORASCOM FINANCIAL HOLDING</inf:issuerName>
    <inf:cusip>ADPV51525</inf:cusip>
    <inf:isin>EGS696S1C016</inf:isin>
    <inf:meetingDate>08/18/2024</inf:meetingDate>
    <inf:voteDescription>MODIFY FINANCIAL AUTHORITIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>95000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORASCOM FINANCIAL HOLDING</inf:issuerName>
    <inf:cusip>ADPV51525</inf:cusip>
    <inf:isin>EGS696S1C016</inf:isin>
    <inf:meetingDate>08/18/2024</inf:meetingDate>
    <inf:voteDescription>ANY OTHER BUSINESS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>95000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE DIRECTORS REMUNERATION REPORT (ADVISORY VOTE)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO ADOPT THE ANNUAL ACCOUNTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO MAKE A DISTRIBUTION IN RELATION TO THE FINANCIAL YEAR ENDED 31 MARCH 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO DISCHARGE EXECUTIVE DIRECTORS FROM LIABILITY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO DISCHARGE NON-EXECUTIVE DIRECTORS FROM LIABILITY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO ADOPT THE REMUNERATION POLICY OF THE EXECUTIVE AND NON-EXECUTIVE DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE REMUNERATION OF THE NON-EXECUTIVE DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO APPOINT FABRICIO BLOISI AS AN EXECUTIVE DIRECTOR AND AS CHIEF EXECUTIVE OF PROSUS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO REAPPOINT THE FOLLOWING NON-EXECUTIVE DIRECTOR: HENDRIK DU TOIT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO REAPPOINT THE FOLLOWING NON-EXECUTIVE DIRECTOR: CRAIG ENENSTEIN</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO REAPPOINT THE FOLLOWING NON-EXECUTIVE DIRECTOR: ANGELIEN KEMNA</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO REAPPOINT THE FOLLOWING NON-EXECUTIVE DIRECTOR: NOLO LETELE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO REAPPOINT THE FOLLOWING NON-EXECUTIVE DIRECTOR: ROBERTO OLIVEIRA DE LIMA</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO REAPPOINT DELOITTE ACCOUNTANTS B.V. AS THE AUDITOR CHARGED WITH THE AUDITING OF THE ANNUAL ACCOUNTS FOR THE YEAR ENDING 31 MARCH 2026</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO DESIGNATE THE BOARD OF DIRECTORS AS THE COMPANY BODY AUTHORISED TO ISSUE SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO AUTHORISE THE BOARD OF DIRECTORS TO RESOLVE THAT THE COMPANY ACQUIRES SHARES IN ITS OWN CAPITAL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PROSUS N.V.</inf:issuerName>
    <inf:cusip>N7163R103</inf:cusip>
    <inf:isin>NL0013654783</inf:isin>
    <inf:meetingDate>08/21/2024</inf:meetingDate>
    <inf:voteDescription>TO REDUCE THE SHARE CAPITAL BY CANCELLING OWN SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>19100</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>CONFIRMATION AND APPROVAL OF PAYMENT OF DIVIDENDS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>REAPPOINTMENT OF DELOITTE SOUTH AFRICA AS AUDITOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>APPOINTMENT OF CHIEF EXECUTIVE: FABRICIO BLOISI AS AN EXECUTIVE DIRECTOR AND AS CHIEF EXECUTIVE, HIS APPOINTMENT HAVING BEEN MADE IN TERMS OF SECTION 70 OF THE ACT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT THE FOLLOWING DIRECTOR: HENDRIK DU TOIT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT THE FOLLOWING DIRECTOR: CRAIG ENENSTEIN</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT THE FOLLOWING DIRECTOR: ANGELIEN KEMNA</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT THE FOLLOWING DIRECTOR: NOLO LETELE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT THE FOLLOWING DIRECTOR: ROBERTO OLIVEIRA DE LIMA</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>RE-ELECTION AND APPOINTMENT OF THE FOLLOWING AUDIT COMMITTEE MEMBER: SHARMISTHA DUBEY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>RE-ELECTION AND APPOINTMENT OF THE FOLLOWING AUDIT COMMITTEE MEMBER: MANISHA GIROTRA</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>RE-ELECTION AND APPOINTMENT OF THE FOLLOWING AUDIT COMMITTEE MEMBER: ANGELIEN KEMNA</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>RE-ELECTION AND APPOINTMENT OF THE FOLLOWING AUDIT COMMITTEE MEMBER: STEVE PACAK (CHAIR)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>TO ENDORSE THE COMPANY'S REMUNERATION POLICY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>TO ENDORSE THE IMPLEMENTATION REPORT OF THE REMUNERATION REPORT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>12000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NASPERS LTD</inf:issuerName>
    <inf:cusip>S53435111</inf:cusip>
    <inf:isin>ZAE000325783</inf:isin>
    <inf:meetingDate>08/22/2024</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF GENERAL AUTHORITY PLACING UNISSUED SHARES UNDER THE CONTROL OF THE DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
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    <inf:voteDescription>Election of Director: Brendan J. Keating (other than the Class B common stock Director)</inf:voteDescription>
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      <inf:voteCategory>
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    <inf:voteDescription>Election of Director: Frank H. Kenan II (other than the Class B common stock Director)</inf:voteDescription>
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      <inf:voteCategory>
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    <inf:voteDescription>Election of Director: Jeffrey C. Royal (other than the Class B common stock Director)</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteDescription>Election of Director: Vishnu Srinivasan (other than the Class B common stock Director)</inf:voteDescription>
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        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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    <inf:voteDescription>To approve the Officer Exculpation Charter Amendment.</inf:voteDescription>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:issuerName>PT INDOSAT TBK</inf:issuerName>
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    <inf:issuerName>GMM GRAMMY PUBLIC CO LTD</inf:issuerName>
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        <inf:categoryType>OTHER</inf:categoryType>
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        <inf:howVoted>AGAINST</inf:howVoted>
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    <inf:issuerName>JASMINE INTERNATIONAL PUBLIC CO LTD</inf:issuerName>
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    <inf:voteDescription>CONSIDERATION AND APPROVAL OF THE ISSUANCE AND OFFERING OF WARRANT TO PURCHASE ORDINARY SHARES OF THE COMPANY, NO. 4 (JAS-W4) IN THE AMOUNT NOT EXCEEDING 4,146,034,852 SHARES (UNITS) TO THE COMPANY'S EXISTING SHAREHOLDERS IN PROPORTION TO THEIR SHAREHOLDING, AT NO COST</inf:voteDescription>
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    <inf:issuerName>JASMINE INTERNATIONAL PUBLIC CO LTD</inf:issuerName>
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    <inf:voteDescription>CONSIDERATION AND APPROVAL OF THE INCREASE IN THE COMPANY'S REGISTERED CAPITAL BY THB 2,073,017,426, FROM THE EXISTING REGISTERED CAPITAL OF THB 4,296,408,035.50 TO THB 6,369,425,461.50, BY ISSUING NOT EXCEEDING 4,146,034,852 NEWLY ISSUED ORDINARY SHARES WITH A PAR VALUE OF THB 0.50 PER SHARE, AND APPROVAL OF THE ALLOCATION OF NOT EXCEEDING 4,146,034,852 NEWLY ISSUED ORDINARY SHARES TO ACCOMMODATE THE ISSUANCE AND OFFERING OF WARRANT TO PURCHASE ORDINARY SHARES OF JASMINE INTERNATIONAL PUBLIC COMPANY LIMITED, NO. 4 ('JAS-W4'), AND CONSIDERATION AND APPROVAL THE ALLOCATION OF UP TO 4,146,034,852 NEWLY ISSUED ORDINARY SHARES TO ACCOMMODATE THE EXERCISE OF JAS-W4, AND CONSIDERATION AND APPROVAL OF THE AMENDMENT OF ARTICLE 4 OF THE COMPANY'S MEMORANDUM OF ASSOCIATION TO REFLECT THE INCREASE IN THE COMPANY'S REGISTERED CAPITAL</inf:voteDescription>
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    <inf:issuerName>JASMINE INTERNATIONAL PUBLIC CO LTD</inf:issuerName>
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    <inf:voteDescription>CONSIDERATION OF OTHER MATTERS (IF ANY)</inf:voteDescription>
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        <inf:categoryType>OTHER</inf:categoryType>
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        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>389058</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>KONINKLIJKE KPN NV</inf:issuerName>
    <inf:cusip>N4297B146</inf:cusip>
    <inf:isin>NL0000009082</inf:isin>
    <inf:meetingDate>10/01/2024</inf:meetingDate>
    <inf:voteDescription>PROPOSAL TO APPOINT MR. ROB SHUTER AS MEMBER OF THE SUPERVISORY BOARD</inf:voteDescription>
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    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>50000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>10/18/2024</inf:meetingDate>
    <inf:voteDescription>APPOINTMENT OF A MEMBER OF THE BOARD OF DIRECTORS IN ACCORDANCE WITH THE PROVISIONS OF ARTICLES TWENTY SIXTH, TWENTY SEVENTH AND OTHER APPLICABLE ARTICLES OF THE CORPORATE STATUTES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>300000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>10/18/2024</inf:meetingDate>
    <inf:voteDescription>APPOINTMENT OF DELEGATES TO COMPLY WITH AND FORMALIZE THE RESOLUTIONS TAKEN BY THIS MEETING</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>300000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026103</inf:cusip>
    <inf:isin>MX01LA080009</inf:isin>
    <inf:meetingDate>10/18/2024</inf:meetingDate>
    <inf:voteDescription>INCREASE IN VARIABLE PORTION OF CAPITAL FOR UP TO MXN 3 BILLION; APPROVE TERMS FOR SUBSCRIPTION AND PAYMENT OF RESPECTIVE AND AVAILABLE SHARES, AFTER WAIVER OR ABSENCE OF EXERCISE, TOTAL OR PARTIAL, BY COMPANY SHAREHOLDERS OF THEIR PREEMPTIVE RIGHTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>55000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026103</inf:cusip>
    <inf:isin>MX01LA080009</inf:isin>
    <inf:meetingDate>10/18/2024</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE BOARD TO RATIFY AND EXECUTE APPROVED RESOLUTIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>55000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>LIBERTY GLOBAL LTD.</inf:issuerName>
    <inf:cusip>G61188101</inf:cusip>
    <inf:isin>BMG611881019</inf:isin>
    <inf:meetingDate>10/25/2024</inf:meetingDate>
    <inf:voteDescription>The spin-off proposal, to approve the terms of the spin-off pursuant to which (i) holders of Liberty Global Class A &amp; C common shares receive one Sunrise Class A Share, each with one vote per share, in the form of one Sunrise Class A ADS, for every five Liberty Global Class A &amp; C shares, as applicable, owed by such holders &amp; (ii) holders of Liberty Global Class B shares receive two Sunrise Class B Shares, each with one vote per share, in the form of two Sunrise Class B ADS, for each Liberty Global Class B share owed by such holders.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>43500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>43500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>LIBERTY GLOBAL LTD.</inf:issuerName>
    <inf:cusip>G61188101</inf:cusip>
    <inf:isin>BMG611881019</inf:isin>
    <inf:meetingDate>10/25/2024</inf:meetingDate>
    <inf:voteDescription>The share premium reduction proposal, a proposal to approve a reduction of Liberty Global's share premium account without any payment by Liberty Global to Liberty Global's shareholders, up to a maximum amount equal to the current balance of Liberty Global's share premium account, and the grant of authority to the Liberty Board to determine the exact amount of the share premium reduction by reference to the equity market value of Sunrise on the effective date of the spin-off.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>43500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>43500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>LIBERTY GLOBAL LTD.</inf:issuerName>
    <inf:cusip>G61188101</inf:cusip>
    <inf:isin>BMG611881019</inf:isin>
    <inf:meetingDate>10/25/2024</inf:meetingDate>
    <inf:voteDescription>The adjournment proposal, a proposal to give Liberty Global the authority to adjourn or postpone the Special Meeting if necessary or appropriate, including to solicit additional proxies in favor of the first two proposals, if there are insufficient votes at the time of the Special Meeting to approve the first two proposals or in the absence of a quorum.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>43500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>43500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>WOLTERS KLUWER N.V.</inf:issuerName>
    <inf:cusip>N9643A197</inf:cusip>
    <inf:isin>NL0000395903</inf:isin>
    <inf:meetingDate>10/28/2024</inf:meetingDate>
    <inf:voteDescription>PROPOSAL TO APPOINT MS. ANJANA HARVE AS MEMBER OF THE SUPERVISORY BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>APPROVE FINANCIAL STATEMENTS AND STATUTORY REPORTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>APPROVE CONSOLIDATED FINANCIAL STATEMENTS AND STATUTORY REPORTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>APPROVE ALLOCATION OF INCOME AND DIVIDENDS OF EUR 4.70 PER SHARE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>REELECT VIRGINIE FAUVEL AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>REELECT ALEXANDRE RICARD AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>REELECT CESAR GIRON AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>APPOINT DELOITTE AND ASSOCIES AS AUDITOR FOR THE SUSTAINABILITY REPORTING</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>APPOINT KPMG AS AUDITOR FOR THE SUSTAINABILITY REPORTING</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>APPROVE COMPENSATION OF ALEXANDRE RICARD, CHAIRMAN AND CEO</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>APPROVE REMUNERATION POLICY OF ALEXANDRE RICARD, CHAIRMAN AND CEO</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>APPROVE COMPENSATION REPORT OF CORPORATE OFFICERS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>APPROVE REMUNERATION POLICY OF DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>APPROVE AUDITORS' SPECIAL REPORT ON RELATED-PARTY TRANSACTIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE REPURCHASE OF UP TO 10 PERCENT OF ISSUED SHARE CAPITAL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>AUTHORISATION TO BE GRANTED TO THE BOARD TO ALLOCATE PERFORMANCE SHARES, EITHER EXISTING OR TO BE ISSUED, FREE OF CHARGE, TO EMPLOYEES AND EXECUTIVE CORPORATE OFFICERS OF THE COMPANY AND GROUP COMPANIES, OR CERTAIN CATEGORIES THEREOF, WHICH WILL AUTOMATICALLY RESULT IN THE WAIVER BY THE SHAREHOLDERS OF THEIR PREFERENTIAL SUBSCRIPTION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE UP TO 0.5 PERCENT OF ISSUED CAPITAL FOR USE IN RESTRICTED STOCK PLANS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PERNOD RICARD SA</inf:issuerName>
    <inf:cusip>F72027109</inf:cusip>
    <inf:isin>FR0000120693</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE FILING OF REQUIRED DOCUMENTS/OTHER FORMALITIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2400</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>Submission and, if applicable, approval of a proposal to determine the amount of resources to be allocated to the Company's share repurchase program. Adoption of resolutions thereon.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
    <inf:voteDescription>Appointment of delegates to execute, and if applicable, formalize the resolutions adopted by the meeting. Adoption of resolutions thereon.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>11/08/2024</inf:meetingDate>
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    <inf:issuerName>FOX CORPORATION</inf:issuerName>
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    <inf:issuerName>FOX CORPORATION</inf:issuerName>
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    <inf:voteDescription>Ratification of the Selection of Ernst &amp; Young LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending June 30, 2025.</inf:voteDescription>
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    <inf:voteDescription>TO RE-ELECT ABDULLAH BIN ABU SAMAH WHO RETIRES IN ACCORDANCE WITH ARTICLE 20.3 OF THE COMPANY'S CONSTITUTION AND BEING ELIGIBLE, HAS OFFERED HIMSELF FOR RE-ELECTION</inf:voteDescription>
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    <inf:voteDescription>TO RE-ELECT DATO' SIVANANTHAN A/L SHANMUGAM WHO RETIRES IN ACCORDANCE WITH ARTICLE 20.3 OF THE COMPANY'S CONSTITUTION AND BEING ELIGIBLE, HAS OFFERED HIMSELF FOR RE-ELECTION</inf:voteDescription>
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    <inf:voteDescription>TO APPROVE THE PAYMENT OF DIRECTORS' FEES FOR THE PERIOD FROM 22 NOVEMBER 2024 UNTIL THE NEXT AGM OF THE COMPANY, BASED ON THE DIRECTORS' FEE STRUCTURE.</inf:voteDescription>
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    <inf:voteDescription>TO APPROVE THE PAYMENT OF DIRECTORS' BENEFITS OF UP TO RM1,400,000.00 FOR THE PERIOD FROM 22 NOVEMBER 2024 UNTIL THE NEXT AGM OF THE COMPANY</inf:voteDescription>
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        <inf:howVoted>AGAINST</inf:howVoted>
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    <inf:voteDescription>TO RE-APPOINT MESSRS PRICEWATERHOUSECOOPERS PLT AS AUDITORS OF THE COMPANY AND TO AUTHORISE THE BOARD OF DIRECTORS TO DETERMINE THEIR REMUNERATION</inf:voteDescription>
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        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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    <inf:issuerName>MADISON SQUARE GARDEN SPORTS CORP.</inf:issuerName>
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    <inf:voteDescription>Advisory Vote to Approve Named Executive Officer Compensation (&#34;say-on-pay vote&#34;).</inf:voteDescription>
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        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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    <inf:voteDescription>Ratification of the Selection of Deloitte &amp; Touche LLP as our Independent Auditor for Fiscal Year 2025.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType>
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    <inf:sharesVoted>6500</inf:sharesVoted>
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        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>6500</inf:sharesVoted>
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    <inf:voteDescription>Assessment of Investing in Bitcoin.</inf:voteDescription>
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        <inf:categoryType>OTHER</inf:categoryType>
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        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>6500</inf:sharesVoted>
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    <inf:voteDescription>Report on Data Operations in Human Rights Hotspots.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType>
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        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>6500</inf:sharesVoted>
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    <inf:voteDescription>Report on Artificial Intelligence and Machine Learning Tools for Oil and Gas Development and Production.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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    <inf:voteDescription>Report on AI Misinformation and Disinformation.</inf:voteDescription>
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        <inf:categoryType>OTHER</inf:categoryType>
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        <inf:howVoted>ABSTAIN</inf:howVoted>
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        <inf:categoryType>OTHER</inf:categoryType>
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        <inf:howVoted>ABSTAIN</inf:howVoted>
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    <inf:voteDescription>DETERMINE NUMBER OF MEMBERS (8) AND DEPUTY MEMBERS (0) OF BOARD</inf:voteDescription>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:meetingDate>12/11/2024</inf:meetingDate>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>27000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>27000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>MADISON SQUARE GARDEN ENTERTAINMENT CORP</inf:issuerName>
    <inf:cusip>558256103</inf:cusip>
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    <inf:meetingDate>12/11/2024</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>27000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>27000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>MADISON SQUARE GARDEN ENTERTAINMENT CORP</inf:issuerName>
    <inf:cusip>558256103</inf:cusip>
    <inf:isin>US5582561032</inf:isin>
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    <inf:voteDescription>Ratification of the appointment of our independent registered public accounting firm.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>27000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>27000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MADISON SQUARE GARDEN ENTERTAINMENT CORP</inf:issuerName>
    <inf:cusip>558256103</inf:cusip>
    <inf:isin>US5582561032</inf:isin>
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    <inf:voteDescription>Approval of, on an advisory basis, the compensation of our named executive officers.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>27000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>27000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OI S.A.</inf:issuerName>
    <inf:cusip>670851708</inf:cusip>
    <inf:isin>US6708517080</inf:isin>
    <inf:meetingDate>12/11/2024</inf:meetingDate>
    <inf:voteDescription>Setting the number of members of the Board of Directors in seven (7) members.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>25</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>25</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>OI S.A.</inf:issuerName>
    <inf:cusip>670851708</inf:cusip>
    <inf:isin>US6708517080</inf:isin>
    <inf:meetingDate>12/11/2024</inf:meetingDate>
    <inf:voteDescription>Appointment of Mr. Raphael Manhaes Martins, nominated by the shareholders VICTOR ADLER and VIC DTVM S.A., to the position of member of the Board of Directors, for a separate vote by shareholders holding preferred shares of the Company, as provided for in art. 22, Section 2, of the Company's Bylaws.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>25</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>25</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OI S.A.</inf:issuerName>
    <inf:cusip>670851708</inf:cusip>
    <inf:isin>US6708517080</inf:isin>
    <inf:meetingDate>12/11/2024</inf:meetingDate>
    <inf:voteDescription>Election of the new members of the Company's Board of Directors, pursuant to Clause 7.3.1 of the PRJ, for a new unified term of office until the Annual General Meeting that resolves on the financial statements for the year ended December 31, 2025. Slate of candidates appointed by the legal representative of SC Lowy Primary Investments - Restructuring Option l Creditor; FRANCISCO ROMAN LAMAS MENDEZ-VILLAMIL (Independent Member) MARCELO JOSE MILLIET (Independent Member) ...(due to space limits, see proxy material for full proposal).</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>25</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>25</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OI S.A.</inf:issuerName>
    <inf:cusip>670851708</inf:cusip>
    <inf:isin>US6708517080</inf:isin>
    <inf:meetingDate>12/11/2024</inf:meetingDate>
    <inf:voteDescription>Reform of the Company's Bylaws to (i) amend the main section of art. 5 to reflect the capital increase, within the authorized capital limit, approved by the Board of Directors on August 21, 2024 and ratified on October 28, 2024; and (ii) delete art. 64, which is no longer applicable.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>25</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>25</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ARNOLDO MONDADORI EDITORE SPA</inf:issuerName>
    <inf:cusip>T6901G126</inf:cusip>
    <inf:isin>IT0001469383</inf:isin>
    <inf:meetingDate>12/18/2024</inf:meetingDate>
    <inf:voteDescription>PROPOSAL TO INTEGRATE THE COMPANY BYLAWS BY INSERTING THE PROVISION FOR PARTICIPATION IN THE MEETING AND EXERCISE OF THE RIGHT TO VOTE EXCLUSIVELY THROUGH THE DESIGNATED REPRESENTATIVE PURSUANT TO ART. 135-UNDECIES.1 OF LEGISLATIVE DECREE NO. 58 OF 24 FEBRUARY 1998; CONSEQUENT MODIFICATION OF ART. 12.3 OF THE COMPANY STATUTE AND RELATED RESOLUTIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELEFONICA BRASIL SA</inf:issuerName>
    <inf:cusip>87936R205</inf:cusip>
    <inf:isin>US87936R2058</inf:isin>
    <inf:meetingDate>12/18/2024</inf:meetingDate>
    <inf:voteDescription>To resolve on the reduction of the Company's capital stock, in the amount of R$2,000,000,000.00 (two billion reais), without cancelling shares and by means of the reimbursement of funds to the shareholders, according to article 173 of Law no. 6,404, of December 15, 1976 (&#34;Corporations Law&#34;).</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>20200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>20200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELEFONICA BRASIL SA</inf:issuerName>
    <inf:cusip>87936R205</inf:cusip>
    <inf:isin>US87936R2058</inf:isin>
    <inf:meetingDate>12/18/2024</inf:meetingDate>
    <inf:voteDescription>To amend Article 5, caput, of the Company's Bylaws to reflect the new amount of its capital stock due to the proposal provided on item 1 above, if approved.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>20200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>20200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELEFONICA BRASIL SA</inf:issuerName>
    <inf:cusip>87936R205</inf:cusip>
    <inf:isin>US87936R2058</inf:isin>
    <inf:meetingDate>12/18/2024</inf:meetingDate>
    <inf:voteDescription>To consolidate the Company's Bylaws in order to reflect the amendment proposed in item 2 above, if approved.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>20200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>20200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELEFONICA BRASIL SA</inf:issuerName>
    <inf:cusip>87936R205</inf:cusip>
    <inf:isin>US87936R2058</inf:isin>
    <inf:meetingDate>12/18/2024</inf:meetingDate>
    <inf:voteDescription>To authorize the Company's executive officers to practice all acts necessary to carry out the above resolutions.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>20200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>20200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026111</inf:cusip>
    <inf:isin>MX01LA080017</inf:isin>
    <inf:meetingDate>01/10/2025</inf:meetingDate>
    <inf:voteDescription>PRESENTATION, DISCUSSION AND, WHERE APPROPRIATE, APPROVAL TO CONVERT THE SHARES OF THE B1 SERIES AND THE B2 SERIES INTO COMMON SHARES OF A NEW AND UNIQUE SERIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17289</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>17289</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026111</inf:cusip>
    <inf:isin>MX01LA080017</inf:isin>
    <inf:meetingDate>01/10/2025</inf:meetingDate>
    <inf:voteDescription>PRESENTATION, DISCUSSION AND, WHERE APPROPRIATE, APPROVAL TO REFORM THE SIXTH ARTICLE OF THE COMPANY'S BYLAWS AND OTHER APPLICABLE ONES, BY VIRTUE OF THE AGREEMENTS THAT, IF APPLICABLE, ARE ADOPTED IN RELATION TO THE CONVERSION OF SHARES INTO A NEW AND UNIQUE SERIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17289</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>17289</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026111</inf:cusip>
    <inf:isin>MX01LA080017</inf:isin>
    <inf:meetingDate>01/10/2025</inf:meetingDate>
    <inf:voteDescription>APPOINTMENT OF DELEGATES WHO, IF NECESSARY, ARE IN CHARGE OF FORMALIZING THE AGREEMENTS ADOPTED BY THE MEETING</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17289</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17289</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026103</inf:cusip>
    <inf:isin>MX01LA080009</inf:isin>
    <inf:meetingDate>01/10/2025</inf:meetingDate>
    <inf:voteDescription>PRESENTATION, DISCUSSION AND, WHERE APPROPRIATE, APPROVAL TO CONVERT THE SHARES OF THE B1 SERIES AND THE B2 SERIES INTO COMMON SHARES OF A NEW AND UNIQUE SERIES. RESOLUTIONS IN THIS REGARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>55000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026103</inf:cusip>
    <inf:isin>MX01LA080009</inf:isin>
    <inf:meetingDate>01/10/2025</inf:meetingDate>
    <inf:voteDescription>PRESENTATION, DISCUSSION AND, WHERE APPROPRIATE, APPROVAL TO REFORM THE SIXTH ARTICLE OF THE COMPANYS BYLAWS AND OTHER APPLICABLE ONES, BY VIRTUE OF THE AGREEMENTS THAT, IF APPLICABLE, ARE ADOPTED IN RELATION TO THE CONVERSION OF SHARES INTO A NEW AND UNIQUE SERIES. RESOLUTIONS IN THIS REGARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>55000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026103</inf:cusip>
    <inf:isin>MX01LA080009</inf:isin>
    <inf:meetingDate>01/10/2025</inf:meetingDate>
    <inf:voteDescription>APPOINTMENT OF DELEGATES WHO, IF NECESSARY, ARE IN CHARGE OF FORMALIZING THE AGREEMENTS ADOPTED BY THE MEETING. IN ORDER TO ACCREDIT THE CLIENTS OF THIS EVENT, THE ISSUER IS REQUESTING THE NATIONALITY OF THE CLIENTS WHO PARTICIPATE IN IT, SO WE ASK THAT YOU INCLUDE THE NATIONALITY OF THE CLIENTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>55000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORASCOM FINANCIAL HOLDING S.A.E</inf:issuerName>
    <inf:cusip>M7S2P3103</inf:cusip>
    <inf:isin>EGS696S1C016</inf:isin>
    <inf:meetingDate>01/21/2025</inf:meetingDate>
    <inf:voteDescription>MODIFY ARTICLE NO.2 FROM THE COMPANY MEMORANDUM REGARDING THE COMPANY NAME CHANGE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>95000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORASCOM FINANCIAL HOLDING S.A.E</inf:issuerName>
    <inf:cusip>M7S2P3103</inf:cusip>
    <inf:isin>EGS696S1C016</inf:isin>
    <inf:meetingDate>01/21/2025</inf:meetingDate>
    <inf:voteDescription>MODIFY ARTICLE NO.4 FROM THE COMPANY MEMORANDUM REGARDING CHANGING THE COMPANY HEADUARTERS PREMISES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>95000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORASCOM FINANCIAL HOLDING S.A.E</inf:issuerName>
    <inf:cusip>M7S2P3103</inf:cusip>
    <inf:isin>EGS696S1C016</inf:isin>
    <inf:meetingDate>01/21/2025</inf:meetingDate>
    <inf:voteDescription>TREASURY STOCKS CANCELLATION AND THE RESULTED DECLINE IN THE COMPANY ISSUED CAPITAL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>95000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORASCOM FINANCIAL HOLDING S.A.E</inf:issuerName>
    <inf:cusip>M7S2P3103</inf:cusip>
    <inf:isin>EGS696S1C016</inf:isin>
    <inf:meetingDate>01/21/2025</inf:meetingDate>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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        <inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:issuerName>JASMINE INTERNATIONAL PUBLIC CO LTD</inf:issuerName>
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    <inf:voteDescription>TO CONSIDER AND APPROVE THE TRANSACTION FOR BROADCASTING PREMIER LEAGUE AND FA CUP FOOTBALL CONTENTS WHICH IS A CONNECTED TRANSACTION</inf:voteDescription>
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      <inf:voteCategory>
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        <inf:howVoted>AGAINST</inf:howVoted>
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    <inf:issuerName>APPLE INC.</inf:issuerName>
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    <inf:issuerName>APPLE INC.</inf:issuerName>
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    <inf:sharesVoted>13800</inf:sharesVoted>
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    <inf:issuerName>APPLE INC.</inf:issuerName>
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    <inf:sharesVoted>13800</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>13800</inf:sharesVoted>
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    <inf:issuerName>APPLE INC.</inf:issuerName>
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    <inf:voteDescription>Election of Director: Monica Lozano</inf:voteDescription>
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    <inf:sharesVoted>13800</inf:sharesVoted>
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    <inf:voteDescription>Election of Director: Ron Sugar</inf:voteDescription>
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    <inf:voteDescription>Ratification of the appointment of Ernst &amp; Young LLP as Apple's independent registered public accounting firm for fiscal 2025</inf:voteDescription>
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    <inf:voteDescription>A shareholder proposal entitled &#34;Report on Costs and Benefits of Child Sex Abuse Material-Identifying Software &amp; User Privacy&#34;</inf:voteDescription>
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    <inf:voteDescription>A shareholder proposal entitled &#34;Request to Cease DEI Efforts&#34;</inf:voteDescription>
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    <inf:voteDescription>A shareholder proposal entitled &#34;Report on Charitable Giving&#34;</inf:voteDescription>
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    <inf:issuerName>LIBERTY BROADBAND CORPORATION</inf:issuerName>
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    <inf:voteDescription>The proposal requests approval for the November 12, 2024, Agreement and Plan of Merger between Charter Communications, Liberty Broadband Corporation, and their subsidiaries. The transaction involves two key steps: first, Liberty Broadband will merge into Merger Sub, becoming an indirect wholly owned subsidiary of Charter; second, Liberty Broadband, as the surviving entity, will merge into Merger LLC, which is fully owned by Charter.</inf:voteDescription>
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        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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    <inf:voteDescription>A proposal to approve the adjournment of the special meeting by Liberty Broadband from time to time to solicit additional proxies in favor of the above listed proposal if there are insufficient votes at the time of such adjournment to approve the above listed proposal or if otherwise determined by the chairperson of the meeting to be necessary or appropriate.</inf:voteDescription>
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        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:issuerName>JOHNSON OUTDOORS INC.</inf:issuerName>
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        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:issuerName>JOHNSON OUTDOORS INC.</inf:issuerName>
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        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:issuerName>JOHNSON OUTDOORS INC.</inf:issuerName>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:issuerName>JOHNSON OUTDOORS INC.</inf:issuerName>
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    <inf:voteDescription>To ratify the appointment of RSM US LLP, an independent registered public accounting firm, as auditors of the Company for its fiscal year ending October 3, 2025.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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    <inf:voteDescription>To approve a non-binding advisory proposal on executive compensation.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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    <inf:issuerName>LEE ENTERPRISES, INCORPORATED</inf:issuerName>
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    <inf:voteDescription>Election of Director: Mary E. Junck</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:issuerName>LEE ENTERPRISES, INCORPORATED</inf:issuerName>
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    <inf:voteDescription>Election of Director: Herbert W. Moloney</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteDescription>Election of Director: Kevin D. Mowbray</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:issuerName>LEE ENTERPRISES, INCORPORATED</inf:issuerName>
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    <inf:voteDescription>Approve, by non-binding vote, the Company's compensation of its Named Executive Officers (&#34;Say-On-Pay&#34; vote).</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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    <inf:voteDescription>Approve to amend the 2020 Long-Term Incentive Plan.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
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        <inf:howVoted>AGAINST</inf:howVoted>
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    <inf:voteDescription>To ratify the selection of BDO USA, P.C. as the Company's Independent registered public accounting firm for fiscal year 2025.</inf:voteDescription>
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        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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    <inf:issuerName>WARNER MUSIC GROUP CORP.</inf:issuerName>
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    <inf:voteDescription>Election of Director for a one-year term ending at the 2026 Annual Meeting: Lincoln Benet</inf:voteDescription>
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    <inf:voteDescription>Election of Director for a one-year term ending at the 2026 Annual Meeting: Nancy Dubuc</inf:voteDescription>
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    <inf:voteDescription>Election of Director for a one-year term ending at the 2026 Annual Meeting: Noreena Hertz</inf:voteDescription>
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    <inf:voteDescription>Election of Director for a one-year term ending at the 2026 Annual Meeting: Ynon Kreiz</inf:voteDescription>
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    <inf:voteDescription>Election of Director for a one-year term ending at the 2026 Annual Meeting: Michael Lynton</inf:voteDescription>
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    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TIM S.A.</inf:issuerName>
    <inf:cusip>88706T108</inf:cusip>
    <inf:isin>US88706T1088</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>To resolve on the classification of the candidates for the positions of independent members of the Board of Directors according to the independence criteria of the Novo Mercado Regulations of B3 S.A. - Brasil Bolsa, Balcao (&#34;Novo Mercado Regulations&#34;)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3800</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3800</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TIM S.A.</inf:issuerName>
    <inf:cusip>88706T108</inf:cusip>
    <inf:isin>US88706T1088</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>To elect the members of the Board of Director of the Company</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3800</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3800</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TIM S.A.</inf:issuerName>
    <inf:cusip>88706T108</inf:cusip>
    <inf:isin>US88706T1088</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>To resolve on the composition of the Fiscal Council of the Company</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3800</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3800</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TIM S.A.</inf:issuerName>
    <inf:cusip>88706T108</inf:cusip>
    <inf:isin>US88706T1088</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>To elect the effective and alternate members of the Fiscal Council</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3800</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3800</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TIM S.A.</inf:issuerName>
    <inf:cusip>88706T108</inf:cusip>
    <inf:isin>US88706T1088</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>To resolve on the compensation proposal for the Company's management, members of Committees and members of the Fiscal Council of the Company for the 2025 fiscal year</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3800</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3800</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TIM S.A.</inf:issuerName>
    <inf:cusip>88706T108</inf:cusip>
    <inf:isin>US88706T1088</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>To resolve on the proposal for the extension of the Cooperation and Support Agreement, through the execution of its 18th amendment, to be entered into between Telecom Italia S.p.A., on the one hand, and the Company, on the other hand</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3800</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3800</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TIM S.A.</inf:issuerName>
    <inf:cusip>88706T108</inf:cusip>
    <inf:isin>US88706T1088</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>To resolve on the reverse split of all common shares issued by the Company in the proportion of 100 (one-hundred) shares to 1 (one) share, and subsequent split, so that 1 (one) grouped share corresponds to 100 (one-hundred) shares, without changing the Company's share capital (&#34;Operation&#34;)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3800</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3800</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TIM S.A.</inf:issuerName>
    <inf:cusip>88706T108</inf:cusip>
    <inf:isin>US88706T1088</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>If the Operation is approved, authorize the Company's Board of Officers to define the date to start the procedures to implement the Operation, which should be within a period of 3 (three) months from the date of the Shareholders Meeting, as well as to perform all necessary acts to carry out the Operation</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3800</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3800</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TIM S.A.</inf:issuerName>
    <inf:cusip>88706T108</inf:cusip>
    <inf:isin>US88706T1088</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>To resolve on the reform and consolidation of the Company's By-laws</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3800</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3800</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL ENTERTAINMENT CORPORATION</inf:issuerName>
    <inf:cusip>J94303104</inf:cusip>
    <inf:isin>JP3126130008</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director Okada, Tomohiro</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL ENTERTAINMENT CORPORATION</inf:issuerName>
    <inf:cusip>J94303104</inf:cusip>
    <inf:isin>JP3126130008</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director Shoji, Yoshiyuki</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL ENTERTAINMENT CORPORATION</inf:issuerName>
    <inf:cusip>J94303104</inf:cusip>
    <inf:isin>JP3126130008</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director Miyanaga, Masayoshi</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL ENTERTAINMENT CORPORATION</inf:issuerName>
    <inf:cusip>J94303104</inf:cusip>
    <inf:isin>JP3126130008</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director Miyauchi, Hiroshi</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL ENTERTAINMENT CORPORATION</inf:issuerName>
    <inf:cusip>J94303104</inf:cusip>
    <inf:isin>JP3126130008</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Corporate Auditor Okuda, Kuninobu</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE FINANCIAL STATEMENTS AND DISCHARGE OF MANAGEMENT AND SUPERVISORY BOARDS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>ACCEPT CONSOLIDATED FINANCIAL STATEMENTS AND STATUTORY REPORTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE RELATED PARTY TRANSACTIONS CONTAINED IN THE SPECIAL REPORT OF THE AUDITOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE ALLOCATION OF INCOME AND DIVIDENDS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>REELECT NADIA FETTAH ALAOUI AS SUPERVISORY BOARD MEMBER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>REELECT JASSEM MOHAMED ALZAABI AS SUPERVISORY BOARD MEMBER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>REELECT ABDELOUAFI LAFTIT AS SUPERVISORY BOARD MEMBER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>REELECT ADELLATIF ZAGHNOUN AS SUPERVISORY BOARD MEMBER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>REELECT HESHAM ABDULL A ALQASSIM AS SUPERVISORY BOARD MEMBER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>REELECT HATEM DOWIDAR AS SUPERVISORY BOARD MEMBER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>REELECT MOHAMMED KARIM BENNIS AS SUPERVISORY BOARD MEMBER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>RENEW APPOINTMENT OF DELOITTE AUDIT, REPRESENTED BY ADNANE FAOUZI AS AUDITORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>03/27/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE SHARE REPURCHASE PROGRAM</inf:voteDescription>
    <inf:voteCategories>
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        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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      <inf:voteCategory>
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        <inf:categoryType>OTHER</inf:categoryType>
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  <inf:proxyTable>
    <inf:issuerName>BROADCOM INC</inf:issuerName>
    <inf:cusip>11135F101</inf:cusip>
    <inf:isin>US11135F1012</inf:isin>
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    <inf:voteDescription>Election of Director: Henry Samueli</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>BROADCOM INC</inf:issuerName>
    <inf:cusip>11135F101</inf:cusip>
    <inf:isin>US11135F1012</inf:isin>
    <inf:meetingDate>04/21/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Hock E. Tan</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BROADCOM INC</inf:issuerName>
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    <inf:voteDescription>Election of Director: Harry L. You</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BROADCOM INC</inf:issuerName>
    <inf:cusip>11135F101</inf:cusip>
    <inf:isin>US11135F1012</inf:isin>
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    <inf:voteDescription>Ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of Broadcom for the fiscal year ending November 2, 2025.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>BROADCOM INC</inf:issuerName>
    <inf:cusip>11135F101</inf:cusip>
    <inf:isin>US11135F1012</inf:isin>
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    <inf:voteDescription>Advisory vote to approve the named executive officer compensation.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
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  <inf:proxyTable>
    <inf:issuerName>CHURCHILL DOWNS INCORPORATED</inf:issuerName>
    <inf:cusip>171484108</inf:cusip>
    <inf:isin>US1714841087</inf:isin>
    <inf:meetingDate>04/22/2025</inf:meetingDate>
    <inf:voteDescription>Election of Class II Director: R. Alex Rankin</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>CHURCHILL DOWNS INCORPORATED</inf:issuerName>
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    <inf:meetingDate>04/22/2025</inf:meetingDate>
    <inf:voteDescription>Election of Class II Director: Andrea Carter</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHURCHILL DOWNS INCORPORATED</inf:issuerName>
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    <inf:isin>US1714841087</inf:isin>
    <inf:meetingDate>04/22/2025</inf:meetingDate>
    <inf:voteDescription>To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal year 2025.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHURCHILL DOWNS INCORPORATED</inf:issuerName>
    <inf:cusip>171484108</inf:cusip>
    <inf:isin>US1714841087</inf:isin>
    <inf:meetingDate>04/22/2025</inf:meetingDate>
    <inf:voteDescription>To approve the Churchill Downs Incorporated 2025 Omnibus Stock and Incentive Plan.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHURCHILL DOWNS INCORPORATED</inf:issuerName>
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    <inf:meetingDate>04/22/2025</inf:meetingDate>
    <inf:voteDescription>To approve, on a non-binding advisory basis, the Company's executive compensation as disclosed in the proxy statement.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
    <inf:cusip>16119P108</inf:cusip>
    <inf:isin>US16119P1084</inf:isin>
    <inf:meetingDate>04/22/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Eric L. Zinterhofer</inf:voteDescription>
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        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:voteDescription>Election of Director: W. Lance Conn</inf:voteDescription>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
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  <inf:proxyTable>
    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:voteDescription>Election of Director: Kim C. Goodman</inf:voteDescription>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
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  <inf:proxyTable>
    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:meetingDate>04/22/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: John D. Markley, Jr.</inf:voteDescription>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
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  <inf:proxyTable>
    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
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  <inf:proxyTable>
    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:voteDescription>Election of Director: Steven A. Miron</inf:voteDescription>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
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  <inf:proxyTable>
    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:meetingDate>04/22/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Balan Nair</inf:voteDescription>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:meetingDate>04/22/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Michael A. Newhouse</inf:voteDescription>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:voteDescription>Election of Director: Martin E. Patterson</inf:voteDescription>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
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  <inf:proxyTable>
    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:meetingDate>04/22/2025</inf:meetingDate>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
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  <inf:proxyTable>
    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:voteDescription>Election of Director: Carolyn J. Slaski</inf:voteDescription>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1600</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
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  <inf:proxyTable>
    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:voteDescription>Election of Director: Christopher L. Winfrey</inf:voteDescription>
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    <inf:vote>
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        <inf:sharesVoted>1600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:issuerName>CHARTER COMMUNICATIONS, INC.</inf:issuerName>
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    <inf:meetingDate>04/22/2025</inf:meetingDate>
    <inf:voteDescription>Approval of the Charter Communications, Inc. 2025 Employee Stock Purchase Plan.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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      <inf:voteCategory>
        <inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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    <inf:issuerName>LIONS GATE ENTERTAINMENT CORP.</inf:issuerName>
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      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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    <inf:issuerName>LIONS GATE ENTERTAINMENT CORP.</inf:issuerName>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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        <inf:howVoted>AGAINST</inf:howVoted>
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    <inf:voteDescription>Remuneration of Auditor for Starz Articles: to allow the board ...(due to space limits, see proxy material for full proposal).</inf:voteDescription>
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      <inf:voteCategory>
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        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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        <inf:howVoted>AGAINST</inf:howVoted>
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    <inf:voteDescription>Election of Director: Michael Burns</inf:voteDescription>
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        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteDescription>Election of Director: Susan McCaw</inf:voteDescription>
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    <inf:voteDescription>Election of Director: Yvette Ostolaza</inf:voteDescription>
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    <inf:issuerName>LIONS GATE ENTERTAINMENT CORP.</inf:issuerName>
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    <inf:issuerName>LIONS GATE ENTERTAINMENT CORP.</inf:issuerName>
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    <inf:voteDescription>Appointment of Auditors: Re-appoint Ernst &amp; Young LLP as ...(due to space limits, see proxy material for full proposal).</inf:voteDescription>
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        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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    <inf:issuerName>LIONS GATE ENTERTAINMENT CORP.</inf:issuerName>
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    <inf:voteDescription>Advisory Vote on Executive Compensation: Conduct a non-binding ...(due to space limits, see proxy material for full proposal).</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:issuerName>LIONS GATE ENTERTAINMENT CORP.</inf:issuerName>
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    <inf:voteDescription>Approve the New Lionsgate 2025 Plan: 6. Approve the assumption ...(due to space limits, see proxy material for full proposal).</inf:voteDescription>
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        <inf:categoryType>COMPENSATION</inf:categoryType>
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        <inf:howVoted>AGAINST</inf:howVoted>
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        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    <inf:issuerName>LIONS GATE ENTERTAINMENT CORP.</inf:issuerName>
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    <inf:voteDescription>Approve the Starz 2025 Plan: Approve the Starz Entertainment ...(due to space limits, see proxy material for full proposal).</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
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        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>15000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    <inf:issuerName>LIONS GATE ENTERTAINMENT CORP.</inf:issuerName>
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    <inf:voteDescription>Approve the Lionsgate 2025 Plan: Approve the Lions Gate Entertainment Corp...(due to space limits, see proxy material for full proposal).</inf:voteDescription>
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    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>15000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    <inf:issuerName>LIONS GATE ENTERTAINMENT CORP.</inf:issuerName>
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    <inf:voteDescription>Advisory Vote on Reverse Stock Split: Approve on a non-binding ...(due to space limits, see proxy material for full proposal).</inf:voteDescription>
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        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:issuerName>LIONS GATE ENTERTAINMENT CORP.</inf:issuerName>
    <inf:cusip>535919500</inf:cusip>
    <inf:isin>CA5359195008</inf:isin>
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    <inf:voteDescription>Transactions Proposal: To consider and, if deemed advisable, approve, with or without variation, a special resolution of the holders of LGEC Class B shares adopting, for the holders of the LGEC Class B shares, a statutory Plan of Arrangement, effective as of the arrangement effective time, pursuant to Section 288 of the Business Corporations Act among Lions Gate Entertainment Corp. (&#34;Lionsgate&#34;), the shareholders of Lionsgate, Lionsgate Studios Corp., the shareholders of Lionsgate Studios Corp., LG Sirius Holdings ULC and Lionsgate Studios Holding Corp.</inf:voteDescription>
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        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
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    <inf:voteDescription>RECEIVE THE 2024 ANNUAL REPORT</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:issuerName>ENTAIN PLC</inf:issuerName>
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        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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    <inf:issuerName>ENTAIN PLC</inf:issuerName>
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    <inf:voteDescription>RE-APPOINT KPMG LLP AS AUDITOR</inf:voteDescription>
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    <inf:voteDescription>AUTHORISE THE AUDIT COMMITTEE TO AGREE THE AUDITOR'S REMUNERATION</inf:voteDescription>
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        <inf:howVoted>FOR</inf:howVoted>
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  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>RE-ELECT STELLA DAVID AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>RE-ELECT AMANDA BROWN AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>RE-ELECT VIRGINIA MCDOWELL AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>RE-ELECT RICKY SANDLER AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>RE-ELECT DAVID SATZ AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>RE-ELECT RAHUL WELDE AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>RE-ELECT ROB WOOD AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>ELECT HELEN ASHTON AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORISE THE DIRECTORS TO ALLOT THE COMPANY'S SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE THE GENERAL DISAPPLICATION OF PRE-EMPTION RIGHTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE THE DISAPPLICATION OF PRE-EMPTION RIGHTS FOR ACQUISITIONS AND OTHER CAPITAL INVESTMENT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORISE THE DIRECTORS TO ACQUIRE THE COMPANY'S SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTAIN PLC</inf:issuerName>
    <inf:cusip>G3167C109</inf:cusip>
    <inf:isin>IM00B5VQMV65</inf:isin>
    <inf:meetingDate>04/23/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE THE REVISED ARTICLES OF ASSOCIATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>26000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>26000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE CEOS REPORT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>RECEIVE DIRECTORS OPINIONS ON CEOS REPORT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE BOARD OF DIRECTORS REPORT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REPORTS OF CORPORATE PRACTICES AND AUDIT COMMITTEES CHAIRS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>AMEND CORPORATE PURPOSE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE ALLOCATION OF INCOME</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REPURCHASE TRANSACTIONS OF CPOS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>SET MAXIMUM AMOUNT OF SHARE REPURCHASE RESERVE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>ELECT OR RATIFY DIRECTORS, SECRETARY AND THEIR RESPECTIVE ALTERNATES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>CLASSIFICATION OF PRINCIPAL AND ALTERNATE BOARD MEMBERS INDEPENDENCE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>ELECT OR RATIFY CHAIRS OF AUDIT COMMITTEE AND CORPORATE PRACTICES COMMITTEES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REMUNERATION OF DIRECTORS, SECRETARY, AND MEMBERS OF AUDIT AND CORPORATE PRACTICES COMMITTEES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MEGACABLE HLDGS SAB DE CV</inf:issuerName>
    <inf:cusip>P652AE117</inf:cusip>
    <inf:isin>MX01ME090003</inf:isin>
    <inf:meetingDate>04/24/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE BOARD TO RATIFY AND EXECUTE APPROVED RESOLUTIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>190000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Appoint of two shareholders to sign the Minutes of the Meeting.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Consider the documentation required by Law No. 19,550 section 234 subsection 1, the Comision Nacional de Valores (&#34;CNV&#34;) Rules, and the Bolsas y Mercados Argentinos (&#34;BYMA&#34;) Listing Rules, as well as the financial documentation in English required by the U.S. Securities and Exchange Commission's rules and regulations, for the Company's thirty- sixth fiscal year, ended December 31, 2024 (&#34;Fiscal Year 2024&#34;).</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Consider the Retained Earnings as of December 31, 2024, which reported a positive balance of AR$1,012,403,588,560. Proposal to: (i) Allocate AR$50,620,179,428 to establish the Legal Reserve; ...(due to space limits, see proxy material for full proposal).</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Consider the performance of Members of the Board of Directors and Members of the Supervisory Committee who have served during the Fiscal Year 2024.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Consider the compensation for the Board of Directors corresponding to the Fiscal Year 2024. Proposal to pay the total amount of AR$3,574,607,443, representing 0.37% of the accountable earnings, calculated according to CNV Rules Title II, Chapter III, section 3.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Authorize the Board of Directors to pay advances on fees to those Directors who during fiscal year to end December 31, 2025 (&#34;Fiscal Year 2025&#34;) serve as independent directors or perform technical-administrative tasks or perform special assignments (within the guidelines determined by the General Corporations Law and contingent upon what the Shareholders' Meeting resolves).</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Consider the compensation to Members of the Supervisory Committee corresponding to the Fiscal Year 2024. Proposal to pay the total amount of AR$328,782,707.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Authorize the Board of Directors to pay advances on fees to those Members of the Supervisory Committee who serve during the Fiscal Year 2025 (contingent upon what the Shareholders' Meeting resolves).</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Elect five (5) regular Members of the Supervisory Committee to serve during the Fiscal Year 2025.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Determine the number of alternate Members of the Supervisory Committee to serve during the Fiscal Year 2025 and elect them.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Determine the compensation of the Independent Auditors who served during the Fiscal Year 2024.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Appoint the Independent Auditors of the financial statements for the Fiscal Year 2025.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Determine the compensation Independent Auditors of the financial statements for the Fiscal Year 2025.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Consider the budget for the Audit Committee for the Fiscal Year 2025 (AR$188,131,000).</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELECOM ARGENTINA, S.A.</inf:issuerName>
    <inf:cusip>879273209</inf:cusip>
    <inf:isin>US8792732096</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>Consider of the corporate reorganization through which Telecom Argentina, as absorbing and continuing company, will merge with its controlled companies Negocios y Servicios S.A.U. ...(due to space limits, see proxy material for full proposal).</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BANGKOK POST PUBLIC COMPANY LTD</inf:issuerName>
    <inf:cusip>Y0609M109</inf:cusip>
    <inf:isin>TH0078010Y15</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE MINUTES OF THE 2024 ANNUAL GENERAL MEETING OF SHAREHOLDERS HELD ON 24 APRIL 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>974000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>974000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BANGKOK POST PUBLIC COMPANY LTD</inf:issuerName>
    <inf:cusip>Y0609M109</inf:cusip>
    <inf:isin>TH0078010Y15</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>TO ACKNOWLEDGE THE ANNUAL REPORT OF THE COMPANY AND APPROVE THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE YEAR-ENDED 31 DECEMBER 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>974000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>974000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BANGKOK POST PUBLIC COMPANY LTD</inf:issuerName>
    <inf:cusip>Y0609M109</inf:cusip>
    <inf:isin>TH0078010Y15</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>TO CONSIDER THE OMISSION OF DIVIDEND PAYMENT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>974000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>974000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BANGKOK POST PUBLIC COMPANY LTD</inf:issuerName>
    <inf:cusip>Y0609M109</inf:cusip>
    <inf:isin>TH0078010Y15</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>TO CONSIDER AND ELECT MR. CHARTSIRI SOPHONPANICH AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>974000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>974000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BANGKOK POST PUBLIC COMPANY LTD</inf:issuerName>
    <inf:cusip>Y0609M109</inf:cusip>
    <inf:isin>TH0078010Y15</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>TO CONSIDER AND ELECT MR. CHAROON INTACHAN AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>974000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>974000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BANGKOK POST PUBLIC COMPANY LTD</inf:issuerName>
    <inf:cusip>Y0609M109</inf:cusip>
    <inf:isin>TH0078010Y15</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>TO CONSIDER AND ELECT MR. THIRAKIATI CHIRATHIVAT AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>974000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>974000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BANGKOK POST PUBLIC COMPANY LTD</inf:issuerName>
    <inf:cusip>Y0609M109</inf:cusip>
    <inf:isin>TH0078010Y15</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>TO FIX DIRECTORS REMUNERATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>974000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>974000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BANGKOK POST PUBLIC COMPANY LTD</inf:issuerName>
    <inf:cusip>Y0609M109</inf:cusip>
    <inf:isin>TH0078010Y15</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>TO APPOINT AN INDEPENDENT AUDITOR AND FIX THE AUDIT FEE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>974000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>974000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BANGKOK POST PUBLIC COMPANY LTD</inf:issuerName>
    <inf:cusip>Y0609M109</inf:cusip>
    <inf:isin>TH0078010Y15</inf:isin>
    <inf:meetingDate>04/25/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE CONVERSION OF DEBT TO EQUITY AND INCREASE OF THE REGISTERED CAPITAL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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      <inf:voteCategory>
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    <inf:voteDescription>APPOINTMENT OF MR.ARNAUD LAGARDERE AS ADMINISTRATOR FOR A 4 YEAR PERIOD</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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      <inf:voteCategory>
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    <inf:voteDescription>APPOINTMENT OF GRANT THORNTON AS STATUTORY AUDITOR IN CHARGE OF CERTIFYING SUSTAINABILITY INFORMATION, SUBJECT TO A RESOLUTORY CONDITION</inf:voteDescription>
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        <inf:categoryType>OTHER</inf:categoryType>
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    <inf:voteDescription>POWERS</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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      <inf:voteCategory>
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    <inf:voteDescription>TO APPROVE THE APPOINTMENT OF DIRECTOR IN PLACE OF THOSE WHO IS DUE TO RETIRE BY ROTATION FOR THE YEAR 2025: MRS. NIDCHA JIRAMETTHANAKIJ</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteDescription>OTHER AMENDMENTS TO THE ARTICLES OF ASSOCIATION TO REFLECT THE LAW</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>27800</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BOUYGUES</inf:issuerName>
    <inf:cusip>F11487125</inf:cusip>
    <inf:isin>FR0000120503</inf:isin>
    <inf:meetingDate>04/29/2025</inf:meetingDate>
    <inf:voteDescription>POWERS TO ACCOMPLISH FORMALITIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>27800</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NATION GROUP (THAILAND) PUBLIC COMPANY LIMITED</inf:issuerName>
    <inf:cusip>Y6251U224</inf:cusip>
    <inf:isin>TH0113A10Z15</inf:isin>
    <inf:meetingDate>04/29/2025</inf:meetingDate>
    <inf:voteDescription>ACKNOWLEDGE CHAIRMANS NOTIFICATIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NATION GROUP (THAILAND) PUBLIC COMPANY LIMITED</inf:issuerName>
    <inf:cusip>Y6251U224</inf:cusip>
    <inf:isin>TH0113A10Z15</inf:isin>
    <inf:meetingDate>04/29/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE MINUTES OF PREVIOUS MEETING</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NATION GROUP (THAILAND) PUBLIC COMPANY LIMITED</inf:issuerName>
    <inf:cusip>Y6251U224</inf:cusip>
    <inf:isin>TH0113A10Z15</inf:isin>
    <inf:meetingDate>04/29/2025</inf:meetingDate>
    <inf:voteDescription>ACKNOWLEDGE OPERATING RESULTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NATION GROUP (THAILAND) PUBLIC COMPANY LIMITED</inf:issuerName>
    <inf:cusip>Y6251U224</inf:cusip>
    <inf:isin>TH0113A10Z15</inf:isin>
    <inf:meetingDate>04/29/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE FINANCIAL STATEMENTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NATION GROUP (THAILAND) PUBLIC COMPANY LIMITED</inf:issuerName>
    <inf:cusip>Y6251U224</inf:cusip>
    <inf:isin>TH0113A10Z15</inf:isin>
    <inf:meetingDate>04/29/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE NON ALLOCATION OF INCOME AND OMISSION OF DIVIDEND PAYMENT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NATION GROUP (THAILAND) PUBLIC COMPANY LIMITED</inf:issuerName>
    <inf:cusip>Y6251U224</inf:cusip>
    <inf:isin>TH0113A10Z15</inf:isin>
    <inf:meetingDate>04/29/2025</inf:meetingDate>
    <inf:voteDescription>ELECT SOMCHAI ME ESEN AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>1000000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NATION GROUP (THAILAND) PUBLIC COMPANY LIMITED</inf:issuerName>
    <inf:cusip>Y6251U224</inf:cusip>
    <inf:isin>TH0113A10Z15</inf:isin>
    <inf:meetingDate>04/29/2025</inf:meetingDate>
    <inf:voteDescription>ELECT CHAIYASIT PUVAPIROMQUAN AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NATION GROUP (THAILAND) PUBLIC COMPANY LIMITED</inf:issuerName>
    <inf:cusip>Y6251U224</inf:cusip>
    <inf:isin>TH0113A10Z15</inf:isin>
    <inf:meetingDate>04/29/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REMUNERATION OF DIRECTORS AND SUB COMMITTEES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NATION GROUP (THAILAND) PUBLIC COMPANY LIMITED</inf:issuerName>
    <inf:cusip>Y6251U224</inf:cusip>
    <inf:isin>TH0113A10Z15</inf:isin>
    <inf:meetingDate>04/29/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE EY OFFICE COMPANY LIMITED AS AUDITORS AND AUTHORIZE BOARD TO FIX THEIR REMUNERATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NATION GROUP (THAILAND) PUBLIC COMPANY LIMITED</inf:issuerName>
    <inf:cusip>Y6251U224</inf:cusip>
    <inf:isin>TH0113A10Z15</inf:isin>
    <inf:meetingDate>04/29/2025</inf:meetingDate>
    <inf:voteDescription>OTHER BUSINESS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>1000000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO RECEIVE THE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE DIRECTORS' ANNUAL REPORT ON REMUNERATION FOR THE YEAR ENDED 31 DECEMBER 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO DECLARE A FINAL DIVIDEND OF 7.4P PER ORDINARY SHARE IN RESPECT OF THE YEAR ENDED 31 DECEMBER 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO ELECT RUFUS RADCLIFFE AS A DIRECTOR OF THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO ELECT COLIN JONES AS A DIRECTOR OF THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT PAUL REYNOLDS AS A DIRECTOR OF THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT LINDSAY DIXON AS A DIRECTOR OF THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT NAOMI CLIMER CBE AS A DIRECTOR OF THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT DAVID BERGG AS A DIRECTOR OF THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT AKI MANDHAR AS A DIRECTOR OF THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT DELOITTE LLP AS THE AUDITOR OF THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO AUTHORISE THE AUDIT AND RISK COMMITTEE TO DETERMINE THE REMUNERATION OF THE AUDITOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>TO PERMIT THE COMPANY TO PURCHASE ITS OWN SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>STV GROUP PLC</inf:issuerName>
    <inf:cusip>G8226W137</inf:cusip>
    <inf:isin>GB00B3CX3644</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>THAT THE COMPANY BE ENTITLED TO HOLD GENERAL MEETINGS OF THE SHAREHOLDERS OF THE COMPANY ON THE PROVISION OF 14 CLEAR DAYS' NOTICE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17176</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17176</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RTL GROUP SA</inf:issuerName>
    <inf:cusip>L80326108</inf:cusip>
    <inf:isin>LU0061462528</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE 2024 STATUTORY ACCOUNTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RTL GROUP SA</inf:issuerName>
    <inf:cusip>L80326108</inf:cusip>
    <inf:isin>LU0061462528</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE 2024 CONSOLIDATED ACCOUNTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RTL GROUP SA</inf:issuerName>
    <inf:cusip>L80326108</inf:cusip>
    <inf:isin>LU0061462528</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>ALLOCATION OF RESULTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RTL GROUP SA</inf:issuerName>
    <inf:cusip>L80326108</inf:cusip>
    <inf:isin>LU0061462528</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE 2024 REMUNERATION REPORT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RTL GROUP SA</inf:issuerName>
    <inf:cusip>L80326108</inf:cusip>
    <inf:isin>LU0061462528</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTORS FEES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RTL GROUP SA</inf:issuerName>
    <inf:cusip>L80326108</inf:cusip>
    <inf:isin>LU0061462528</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>DISCHARGE TO THE DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RTL GROUP SA</inf:issuerName>
    <inf:cusip>L80326108</inf:cusip>
    <inf:isin>LU0061462528</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>DISCHARGE TO THE STATUTORY AUDITOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RTL GROUP SA</inf:issuerName>
    <inf:cusip>L80326108</inf:cusip>
    <inf:isin>LU0061462528</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>ELECT THOMAS COESFELD AS NON-EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RTL GROUP SA</inf:issuerName>
    <inf:cusip>L80326108</inf:cusip>
    <inf:isin>LU0061462528</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPOINT KPMG AUDIT S.A R.L. AS AUDITOR OF THE STATUTORY AND CONSOLIDATED ANNUAL ACCOUNTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RTL GROUP SA</inf:issuerName>
    <inf:cusip>L80326108</inf:cusip>
    <inf:isin>LU0061462528</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPOINT KPMG AUDIT S.A R.L. AS AUDITOR FOR SUSTAINABILITY REPORTING</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>RTL GROUP SA</inf:issuerName>
    <inf:cusip>L80326108</inf:cusip>
    <inf:isin>LU0061462528</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>RENEWAL OF THE AUTHORISATION TO ACQUIRE OWN SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>Submission and, if applicable, approval of and adoption of resolutions thereon: The report of the Chief Executive Officer provided for in Article 172 of the Mexican General Corporations Law (Ley General de Sociedades Mercantiles), and Section XI of Article 44 of the Mexican Securities Market Law (Ley del Mercado de Valores), together with the report of the external auditor, on the Company's operations and results during the year ended on December 31, 2024, and the opinion of the Board of Directors thereon</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>Submission and, if applicable, approval of and adoption of resolutions thereon: The Board of Directors' report referred to in article 172, paragraph (b) of the Mexican General Corporations Law (Ley General de Sociedades Mercantiles), on the principal accounting and information policies and criteria followed in connection with the preparation of the Company's financial information.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>Submission and, if applicable, approval of and adoption of resolutions thereon: The Board of Directors' annual report, referred to in Section IV (e) of Article 28 of the Mexican Securities Market Law (Ley del Mercado de Valores), on its activities for the year ended December 31, 2024.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>Submission and, if applicable, approval of and adoption of resolutions thereon: The 2024 annual report on the activities of the Audit and Corporate Practices Committee, referred to in Article 43 of the Mexican Securities Market Law (Ley del Mercado de Valores).</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>Submission and, if applicable, approval of and adoption of resolutions thereon: The Consolidated Financial Statements of the Company for the year ended on December 31, 2024, including a proposal to pay a dividend from the Company's profit tax account (cuenta de utilidad fiscal).</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>Submission and, if applicable, approval of and adoption of resolutions thereon: The annual report on the Company's share repurchase program for the year ended on December 31, 2024.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>Approval, if applicable, of: the Board of Directors performance during the fiscal year 2024.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>Approval, if applicable, of: the Chief Executive Officer performance during the fiscal year 2024.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: Carlos Slim Domit (Chairman)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: Patrick Slim Domit (Co-chairman)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: Antonio Cosio Pando</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
    <inf:cusip>02390A101</inf:cusip>
    <inf:isin>US02390A1016</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: Pablo Roberto Gonzalez Guajardo</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
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        <inf:sharesVoted>52500</inf:sharesVoted>
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    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: Miriam Guadalupe de la Vega Arizpe</inf:voteDescription>
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        <inf:sharesVoted>52500</inf:sharesVoted>
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  <inf:proxyTable>
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        <inf:sharesVoted>52500</inf:sharesVoted>
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        <inf:sharesVoted>52500</inf:sharesVoted>
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    <inf:voteDescription>Approval, if applicable, of: The appointment and/or reelection, as the case may be, of the following person as member of such Committee: Ernesto Vega Velasco (Chairman)</inf:voteDescription>
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        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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  <inf:proxyTable>
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        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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  <inf:proxyTable>
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        <inf:categoryType>COMPENSATION</inf:categoryType>
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    <inf:vote>
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        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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  <inf:proxyTable>
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        <inf:sharesVoted>52500</inf:sharesVoted>
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        <inf:sharesVoted>52500</inf:sharesVoted>
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        <inf:categoryType>OTHER</inf:categoryType>
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    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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  <inf:proxyTable>
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    <inf:voteDescription>Submission and, if applicable, approval of and adoption of resolutions thereon: The Board of Directors' report referred to in article 172, paragraph (b) of the Mexican General Corporations Law (Ley General de Sociedades Mercantiles), on the principal accounting and information policies and criteria followed in connection with the preparation of the Company's financial information.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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  <inf:proxyTable>
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    <inf:isin>US02390A1016</inf:isin>
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    <inf:voteDescription>Submission and, if applicable, approval of and adoption of resolutions thereon: The Board of Directors' annual report, referred to in Section IV (e) of Article 28 of the Mexican Securities Market Law (Ley del Mercado de Valores), on its activities for the year ended December 31, 2024.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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  <inf:proxyTable>
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    <inf:isin>US02390A1016</inf:isin>
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    <inf:voteDescription>Submission and, if applicable, approval of and adoption of resolutions thereon: The 2024 annual report on the activities of the Audit and Corporate Practices Committee, referred to in Article 43 of the Mexican Securities Market Law (Ley del Mercado de Valores).</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
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        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
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    <inf:voteDescription>Submission and, if applicable, approval of and adoption of resolutions thereon: The Consolidated Financial Statements of the Company for the year ended on December 31, 2024, including a proposal to pay a dividend from the Company's profit tax account (cuenta de utilidad fiscal).</inf:voteDescription>
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        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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  <inf:proxyTable>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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  </inf:proxyTable>
  <inf:proxyTable>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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  </inf:proxyTable>
  <inf:proxyTable>
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    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
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    <inf:isin>US02390A1016</inf:isin>
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    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: Carlos Slim Domit (Chairman)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
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    <inf:sharesVoted>52500</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICA MOVIL, S.A.B. DE C.V. SERIES B</inf:issuerName>
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    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: Patrick Slim Domit (Co-chairman)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>52500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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  <inf:proxyTable>
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    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: Antonio Cosio Pando</inf:voteDescription>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: Pablo Roberto Gonzalez Guajardo</inf:voteDescription>
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    <inf:sharesVoted>52500</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
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    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: Daniel Hajj Aboumrad</inf:voteDescription>
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      <inf:voteCategory>
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        <inf:sharesVoted>52500</inf:sharesVoted>
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    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: Vanessa Hajj Slim</inf:voteDescription>
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    <inf:vote>
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        <inf:sharesVoted>52500</inf:sharesVoted>
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    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: David Ibarra Munoz</inf:voteDescription>
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      <inf:voteCategory>
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        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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    <inf:voteDescription>Approval, if applicable, of: the appointment and/or ratification, as the case may be, of the following person as member of the Board of Directors of the Company: Claudia Janez Sanchez</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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  <inf:proxyTable>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
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    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>52500</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
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      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12700</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
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    <inf:voteDescription>Election of Class II Director to serve until the 2028 Annual Meeting of Shareholders: Anthony M. Sanfilippo</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12700</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12700</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>WYNN RESORTS, LIMITED</inf:issuerName>
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    <inf:voteDescription>Election of Class II Director to serve until the 2028 Annual Meeting of Shareholders: Winifred M. Webb</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12700</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12700</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>WYNN RESORTS, LIMITED</inf:issuerName>
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    <inf:isin>US9831341071</inf:isin>
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    <inf:voteDescription>To ratify the appointment of Ernst &amp; Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12700</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12700</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>WYNN RESORTS, LIMITED</inf:issuerName>
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    <inf:voteDescription>To approve, on a non-binding advisory basis, the compensation of our named executive officers as described in the Proxy Statement.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>12700</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>12700</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>WYNN RESORTS, LIMITED</inf:issuerName>
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    <inf:isin>US9831341071</inf:isin>
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    <inf:voteDescription>To consider and vote on a shareholder proposal requesting that the Board of Directors commission and disclose a report on the potential cost savings through the adoption of a smokefree policy for the Company's properties.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
    <inf:sharesVoted>12700</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>12700</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
    <inf:cusip>P7369E102</inf:cusip>
    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE EXECUTIVE COMMITTEE'S REPORT AND AUDITOR'S REPORT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
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    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE BOARD OF DIRECTORS' REPORT ON PRINCIPAL ACCOUNTING POLICIES AND CRITERIA, AND DISCLOSURE FOLLOWED IN PREPARATION OF FINANCIAL INFORMATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
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    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REPORT ON ACTIVITIES AND OPERATIONS UNDERTAKEN BY BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
    <inf:cusip>P7369E102</inf:cusip>
    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE CONSOLIDATED FINANCIAL STATEMENTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
    <inf:cusip>P7369E102</inf:cusip>
    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE ANNUAL REPORT OF AUDIT AND CORPORATE PRACTICES COMMITTEES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
    <inf:cusip>P7369E102</inf:cusip>
    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REPORT ON COMPLIANCE WITH FISCAL OBLIGATIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
    <inf:cusip>P7369E102</inf:cusip>
    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE ALLOCATION OF INCOME</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
    <inf:cusip>P7369E102</inf:cusip>
    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE CASH DIVIDENDS OF MXN 0.5 PER SHARE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
    <inf:cusip>P7369E102</inf:cusip>
    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>ELECT AND/OR RATIFY DIRECTORS, SECRETARY AND DEPUTY SECRETARY; VERIFY INDEPENDENCE QUALIFICATION OF DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
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    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REMUNERATION OF DIRECTORS, SECRETARY AND DEPUTY SECRETARY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
    <inf:cusip>P7369E102</inf:cusip>
    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>ELECT AND/OR RATIFY MEMBERS OF AUDIT COMMITTEE AND CORPORATE PRACTICES COMMITTEES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
    <inf:cusip>P7369E102</inf:cusip>
    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REMUNERATION OF AUDIT AND CORPORATE PRACTICE COMMITTEES MEMBERS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
    <inf:cusip>P7369E102</inf:cusip>
    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>SET MAXIMUM AMOUNT OF SHARE REPURCHASE RESERVE; PRESENT REPORT ON SHARE REPURCHASE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
    <inf:cusip>P7369E102</inf:cusip>
    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE BOARD TO RATIFY AND EXECUTE APPROVED RESOLUTIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTIONS ON INTEGRATION OF SHARE CAPITAL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>AMEND ARTICLE 6 TO REFLECT CHANGES IN CAPITAL</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
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    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE CANCELLATION OF TREASURY SHARES AND CONSEQUENTLY AMEND ARTICLES</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>OPERADORA DE SITES MEXICANOS SA DE CV</inf:issuerName>
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    <inf:isin>MX01SI0C0002</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>55000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
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    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>PRESENT FINANCIAL STATEMENTS AND STATUTORY REPORTS</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>PRESENT BOARD'S REPORT ON POLICIES AND ACCOUNTING CRITERIA FOLLOWED IN PREPARATION OF FINANCIAL INFORMATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>PRESENT REPORT ON ACTIVITIES AND OPERATIONS UNDERTAKEN BY BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>PRESENT REPORT OF AUDIT AND CORPORATE PRACTICES COMMITTEE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>PRESENT REPORT ON COMPLIANCE WITH FISCAL OBLIGATIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE ALLOCATION OF INCOME AND DIVIDENDS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REPORT ON POLICIES AND BOARD'S DECISIONS ON SHARE REPURCHASE AND SET AMOUNT OF SHARE REPURCHASE RESERVE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>ELECT AND/OR RATIFY DIRECTORS, CEO, SECRETARY, DEPUTY SECRETARY AND OFFICERS; DISCHARGE THEM; VERIFY INDEPENDENCE CLASSIFICATION OF DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>DISCHARGE, ELECT AND/OR RATIFY CHAIR OF AUDIT COMMITTEE AND CORPORATE PRACTICES COMMITTEE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REMUNERATION OF BOARD MEMBERS, AUDIT AND CORPORATE PRACTICES COMMITTEES AND SECRETARIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE BOARD TO RATIFY AND EXECUTE APPROVED RESOLUTIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026129</inf:cusip>
    <inf:isin>MX01LA080025</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE CEO'S REPORT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>72289</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>72289</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026129</inf:cusip>
    <inf:isin>MX01LA080025</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE BOARD'S OPINION ON CEO'S REPORT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>72289</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>72289</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026129</inf:cusip>
    <inf:isin>MX01LA080025</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE BOARD OF DIRECTORS' REPORT ON PRINCIPAL ACCOUNTING POLICIES AND CRITERIA, AND DISCLOSURE FOLLOWED IN PREPARATION OF FINANCIAL INFORMATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>72289</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>72289</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026129</inf:cusip>
    <inf:isin>MX01LA080025</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REPORT ON COMPLIANCE WITH FISCAL OBLIGATIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>72289</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>72289</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026129</inf:cusip>
    <inf:isin>MX01LA080025</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REPORT OF AUDIT AND CORPORATE PRACTICES COMMITTEE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>72289</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>72289</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026129</inf:cusip>
    <inf:isin>MX01LA080025</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE AUDITED CONSOLIDATED FINANCIAL STATEMENTS; APPROVE ALLOCATION OF INCOME</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>72289</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>72289</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026129</inf:cusip>
    <inf:isin>MX01LA080025</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>SET MAXIMUM AMOUNT OF SHARE REPURCHASE RESERVE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>72289</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>72289</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026129</inf:cusip>
    <inf:isin>MX01LA080025</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>DISMISS, RATIFY AND/OR ELECT DIRECTORS AND AUDIT AND CORPORATE PRACTICES COMMITTEE MEMBERS AND APPROVE THEIR REMUNERATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>72289</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>72289</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>SITIOS LATINOAMERICA SAB DE CV</inf:issuerName>
    <inf:cusip>P87026129</inf:cusip>
    <inf:isin>MX01LA080025</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE BOARD TO RATIFY AND EXECUTE APPROVED RESOLUTIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>72289</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>72289</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>ELECT AND/OR RATIFY DIRECTORS REPRESENTING SERIES D SHAREHOLDERS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE BOARD TO RATIFY AND EXECUTE APPROVED RESOLUTIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>ELECT ANDOR RATIFY DIRECTORS REPRESENTING SERIES L SHAREHOLDERS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>OLLAMANI SAB</inf:issuerName>
    <inf:cusip>P7358Q108</inf:cusip>
    <inf:isin>MX01AG080022</inf:isin>
    <inf:meetingDate>04/30/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE BOARD TO RATIFY AND EXECUTE APPROVED RESOLUTIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>310000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>CORNING INCORPORATED</inf:issuerName>
    <inf:cusip>219350105</inf:cusip>
    <inf:isin>US2193501051</inf:isin>
    <inf:meetingDate>05/01/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Leslie A. Brun</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>45000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>45000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>CORNING INCORPORATED</inf:issuerName>
    <inf:cusip>219350105</inf:cusip>
    <inf:isin>US2193501051</inf:isin>
    <inf:meetingDate>05/01/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Stephanie A. Burns</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>45000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>45000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>CORNING INCORPORATED</inf:issuerName>
    <inf:cusip>219350105</inf:cusip>
    <inf:isin>US2193501051</inf:isin>
    <inf:meetingDate>05/01/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Pamela J. Craig</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>45000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>45000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>CORNING INCORPORATED</inf:issuerName>
    <inf:cusip>219350105</inf:cusip>
    <inf:isin>US2193501051</inf:isin>
    <inf:meetingDate>05/01/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Robert F. Cummings, Jr.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>45000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
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      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JARDINE MATHESON HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G50736100</inf:cusip>
    <inf:isin>BMG507361001</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT THE AUDITOR AND TO AUTHORISE THE DIRECTORS TO FIX ITS REMUNERATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>4200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>4200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JARDINE MATHESON HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G50736100</inf:cusip>
    <inf:isin>BMG507361001</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO FIX THE DIRECTORS' FEES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>4200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>4200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JARDINE MATHESON HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G50736100</inf:cusip>
    <inf:isin>BMG507361001</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO RENEW THE GENERAL MANDATE TO THE DIRECTORS TO ISSUE NEW SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>4200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>4200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JARDINE MATHESON HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G50736100</inf:cusip>
    <inf:isin>BMG507361001</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO ADOPT THE NEW BYE-LAWS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>4200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>4200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MANDARIN ORIENTAL INTERNATIONAL LTD</inf:issuerName>
    <inf:cusip>G57848106</inf:cusip>
    <inf:isin>BMG578481068</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO RECEIVE THE FINANCIAL STATEMENTS FOR 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MANDARIN ORIENTAL INTERNATIONAL LTD</inf:issuerName>
    <inf:cusip>G57848106</inf:cusip>
    <inf:isin>BMG578481068</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO DECLARE A FINAL DIVIDEND FOR 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MANDARIN ORIENTAL INTERNATIONAL LTD</inf:issuerName>
    <inf:cusip>G57848106</inf:cusip>
    <inf:isin>BMG578481068</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT ADAM KESWICK AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MANDARIN ORIENTAL INTERNATIONAL LTD</inf:issuerName>
    <inf:cusip>G57848106</inf:cusip>
    <inf:isin>BMG578481068</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT RICHARD SOLOMONS AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MANDARIN ORIENTAL INTERNATIONAL LTD</inf:issuerName>
    <inf:cusip>G57848106</inf:cusip>
    <inf:isin>BMG578481068</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO ELECT CRISTINA DIEZHANDINO AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MANDARIN ORIENTAL INTERNATIONAL LTD</inf:issuerName>
    <inf:cusip>G57848106</inf:cusip>
    <inf:isin>BMG578481068</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO ELECT FABRICE MEGARBANE AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MANDARIN ORIENTAL INTERNATIONAL LTD</inf:issuerName>
    <inf:cusip>G57848106</inf:cusip>
    <inf:isin>BMG578481068</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO ELECT SCOTT WOROCH AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MANDARIN ORIENTAL INTERNATIONAL LTD</inf:issuerName>
    <inf:cusip>G57848106</inf:cusip>
    <inf:isin>BMG578481068</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT THE AUDITOR AND TO AUTHORISE THE DIRECTORS TO FIX THEIR REMUNERATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MANDARIN ORIENTAL INTERNATIONAL LTD</inf:issuerName>
    <inf:cusip>G57848106</inf:cusip>
    <inf:isin>BMG578481068</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO FIX THE DIRECTORS' FEES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MANDARIN ORIENTAL INTERNATIONAL LTD</inf:issuerName>
    <inf:cusip>G57848106</inf:cusip>
    <inf:isin>BMG578481068</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO RENEW THE GENERAL MANDATE TO THE DIRECTORS TO ISSUE NEW SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MANDARIN ORIENTAL INTERNATIONAL LTD</inf:issuerName>
    <inf:cusip>G57848106</inf:cusip>
    <inf:isin>BMG578481068</inf:isin>
    <inf:meetingDate>05/02/2025</inf:meetingDate>
    <inf:voteDescription>TO ADOPT THE NEW BYE-LAWS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>THE E.W. SCRIPPS COMPANY</inf:issuerName>
    <inf:cusip>811054402</inf:cusip>
    <inf:isin>US8110544025</inf:isin>
    <inf:meetingDate>05/05/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Burton F. Jablin</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>29500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>29500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>THE E.W. SCRIPPS COMPANY</inf:issuerName>
    <inf:cusip>811054402</inf:cusip>
    <inf:isin>US8110544025</inf:isin>
    <inf:meetingDate>05/05/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Nishat A. Mehta</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>29500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>29500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>THE E.W. SCRIPPS COMPANY</inf:issuerName>
    <inf:cusip>811054402</inf:cusip>
    <inf:isin>US8110544025</inf:isin>
    <inf:meetingDate>05/05/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Kim Williams</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>29500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>29500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>GRAHAM HOLDINGS COMPANY</inf:issuerName>
    <inf:cusip>384637104</inf:cusip>
    <inf:isin>US3846371041</inf:isin>
    <inf:meetingDate>05/06/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Tony Allen</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2600</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>GRAHAM HOLDINGS COMPANY</inf:issuerName>
    <inf:cusip>384637104</inf:cusip>
    <inf:isin>US3846371041</inf:isin>
    <inf:meetingDate>05/06/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Danielle Conley</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2600</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>GRAHAM HOLDINGS COMPANY</inf:issuerName>
    <inf:cusip>384637104</inf:cusip>
    <inf:isin>US3846371041</inf:isin>
    <inf:meetingDate>05/06/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Christopher C. Davis</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2600</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2600</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INTEL CORPORATION</inf:issuerName>
    <inf:cusip>458140100</inf:cusip>
    <inf:isin>US4581401001</inf:isin>
    <inf:meetingDate>05/06/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: James J. Goetz</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>13000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>13000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INTEL CORPORATION</inf:issuerName>
    <inf:cusip>458140100</inf:cusip>
    <inf:isin>US4581401001</inf:isin>
    <inf:meetingDate>05/06/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Andrea J. Goldsmith</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>13000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>13000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INTEL CORPORATION</inf:issuerName>
    <inf:cusip>458140100</inf:cusip>
    <inf:isin>US4581401001</inf:isin>
    <inf:meetingDate>05/06/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Alyssa H. Henry</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>13000</inf:sharesVoted>
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    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>Proposal to authorize the Board of Management to: issue shares or grant rights to acquire shares</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3790</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3790</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KONINKLIJKE PHILIPS N.V.</inf:issuerName>
    <inf:cusip>500472303</inf:cusip>
    <inf:isin>US5004723038</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>Proposal to authorize the Board of Management to: restrict or exclude pre-emption rights</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3790</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3790</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KONINKLIJKE PHILIPS N.V.</inf:issuerName>
    <inf:cusip>500472303</inf:cusip>
    <inf:isin>US5004723038</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>Proposal to authorize the Board of Management to acquire shares in the company</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3790</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3790</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KONINKLIJKE PHILIPS N.V.</inf:issuerName>
    <inf:cusip>500472303</inf:cusip>
    <inf:isin>US5004723038</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>Proposal to cancel shares</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>3790</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>3790</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VEON LTD</inf:issuerName>
    <inf:cusip>91822M502</inf:cusip>
    <inf:isin>US91822M5022</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>That the re-appointment of UHY LLP (&#34;UHY&#34;) as external auditor of the financial statements for the Company for the financial year ended 31 December 2025 be and is hereby approved in all respects, and that the Board be and is hereby authorized to formalize the engagement and fix the remuneration of UHY and such other audit firms as shall be necessary for compliance with law and regulation applicable to the Company.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VEON LTD</inf:issuerName>
    <inf:cusip>91822M502</inf:cusip>
    <inf:isin>US91822M5022</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>That Michiel Soeting be and is hereby appointed as a director of the Company.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VEON LTD</inf:issuerName>
    <inf:cusip>91822M502</inf:cusip>
    <inf:isin>US91822M5022</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>That Kaan Terzioglu be and is hereby appointed as a director of the Company.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VEON LTD</inf:issuerName>
    <inf:cusip>91822M502</inf:cusip>
    <inf:isin>US91822M5022</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>That Augie K Fabela II be and is hereby appointed as a director of the Company.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VEON LTD</inf:issuerName>
    <inf:cusip>91822M502</inf:cusip>
    <inf:isin>US91822M5022</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>That Michael R Pompeo be and is hereby appointed as a director of the Company.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VEON LTD</inf:issuerName>
    <inf:cusip>91822M502</inf:cusip>
    <inf:isin>US91822M5022</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>That Brandon Lewis be and is hereby appointed as a director of the Company until the next annual general meeting of the Company or until his appointment is terminated in accordance with the Bye-laws of the Company.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VEON LTD</inf:issuerName>
    <inf:cusip>91822M502</inf:cusip>
    <inf:isin>US91822M5022</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>That Andrei Gusev be and is hereby appointed as a director of the Company until the next annual general meeting of the Company or until his appointment is terminated in accordance with the Bye-laws of the Company.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VEON LTD</inf:issuerName>
    <inf:cusip>91822M502</inf:cusip>
    <inf:isin>US91822M5022</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>That Duncan Perry be and is hereby appointed as a director of the Company until the next annual general meeting of the Company or until his appointment is terminated in accordance with the Bye-laws of the Company.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>10500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>10500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BOYD GAMING CORPORATION</inf:issuerName>
    <inf:cusip>103304101</inf:cusip>
    <inf:isin>US1033041013</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BOYD GAMING CORPORATION</inf:issuerName>
    <inf:cusip>103304101</inf:cusip>
    <inf:isin>US1033041013</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BOYD GAMING CORPORATION</inf:issuerName>
    <inf:cusip>103304101</inf:cusip>
    <inf:isin>US1033041013</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>BOYD GAMING CORPORATION</inf:issuerName>
    <inf:cusip>103304101</inf:cusip>
    <inf:isin>US1033041013</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>BOYD GAMING CORPORATION</inf:issuerName>
    <inf:cusip>103304101</inf:cusip>
    <inf:isin>US1033041013</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>BOYD GAMING CORPORATION</inf:issuerName>
    <inf:cusip>103304101</inf:cusip>
    <inf:isin>US1033041013</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>BOYD GAMING CORPORATION</inf:issuerName>
    <inf:cusip>103304101</inf:cusip>
    <inf:isin>US1033041013</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>BOYD GAMING CORPORATION</inf:issuerName>
    <inf:cusip>103304101</inf:cusip>
    <inf:isin>US1033041013</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>BOYD GAMING CORPORATION</inf:issuerName>
    <inf:cusip>103304101</inf:cusip>
    <inf:isin>US1033041013</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>BOYD GAMING CORPORATION</inf:issuerName>
    <inf:cusip>103304101</inf:cusip>
    <inf:isin>US1033041013</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>Advisory vote on executive compensation.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
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  <inf:proxyTable>
    <inf:issuerName>BOYD GAMING CORPORATION</inf:issuerName>
    <inf:cusip>103304101</inf:cusip>
    <inf:isin>US1033041013</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>Advisory vote on the stockholder proposal regarding the commissioning of a report on the effects of a company-wide non-smoking policy.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
    <inf:sharesVoted>16000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>16000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>WIDEOPENWEST, INC.</inf:issuerName>
    <inf:cusip>96758W101</inf:cusip>
    <inf:isin>US96758W1018</inf:isin>
    <inf:meetingDate>05/08/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Daniel Kilpatrick</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>LIBERTY MEDIA CORPORATION</inf:issuerName>
    <inf:cusip>531229771</inf:cusip>
    <inf:isin>US5312297717</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>LIBERTY MEDIA CORPORATION</inf:issuerName>
    <inf:cusip>531229771</inf:cusip>
    <inf:isin>US5312297717</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>LIBERTY MEDIA CORPORATION</inf:issuerName>
    <inf:cusip>531229771</inf:cusip>
    <inf:isin>US5312297717</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>The auditors ratification proposal, to ratify the selection of KPMG LLP as our independent auditors for the fiscal year ending December 31, 2025.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>ELECT CHAIR OF MEETING</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE AGENDA OF MEETING</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>ACKNOWLEDGE PROPER CONVENING OF MEETING</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE ALLOCATION OF INCOME AND OMISSION OF DIVIDENDS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE DISCHARGE OF JAMES ANDERSON</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE DISCHARGE OF SUSANNA CAMPBELL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE DISCHARGE OF HARALD MIX</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE DISCHARGE OF CECILIA QVIST</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE DISCHARGE OF CHARLOTTE STROMBERG</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE DISCHARGE OF CLAES GLASSELL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE DISCHARGE OF MARIA REDIN</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE DISCHARGE OF HANS PLOOS VAN AMSTEL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE DISCHARGE OF JAN BERNTSSON</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE DISCHARGE OF GEORGI GANEV</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REMUNERATION REPORT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>DETERMINE NUMBER OF MEMBERS (7) AND DEPUTY MEMBERS (0) OF BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE REMUNERATION OF DIRECTORS IN THE AMOUNT OF SEK 2.35 MILLION FOR CHAIR AND SEK 735,000 FOR OTHER DIRECTORS; APPROVE REMUNERATION FOR COMMITTEE WORK; APPROVE REMUNERATION OF AUDITOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>REELECT JAN BERNTSSON AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>REELECT CLAES GLASSELL AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>REELECT MARIA REDIN AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>ELECT CAMILLA GIESECKE AS NEW DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>ELECT HENRIK LUNDIN AS NEW DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>ELECT RUBIN RITTER AS NEW DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>ELECT CRISTINA STENBECK AS NEW DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>ELECT CRISTINA STENBECK AS BOARD CHAIR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>DETERMINE NUMBER OF AUDITORS (1) AND DEPUTY AUDITORS (0); RATIFY KPMG AB AS AUDITOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE NOMINATION COMMITTEE PROCEDURES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>KINNEVIK AB</inf:issuerName>
    <inf:cusip>W5139V836</inf:cusip>
    <inf:isin>SE0022060513</inf:isin>
    <inf:meetingDate>05/12/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE SHARE REPURCHASE PROGRAM</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17500</inf:sharesVoted>
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    <inf:issuerName>KINNEVIK AB</inf:issuerName>
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    <inf:isin>SE0022060513</inf:isin>
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    <inf:voteDescription>APPROVE RECLASSIFICATION OF CLASS A SHARES INTO CLASS B</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
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    <inf:sharesVoted>17500</inf:sharesVoted>
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    <inf:issuerName>INTERNATIONAL GAME TECHNOLOGY PLC</inf:issuerName>
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    <inf:voteDescription>To receive and adopt the Annual Report &amp; Accounts for the financial year ended 31 December 2024</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:voteDescription>To approve the Director's Remuneration Report (excluding the remuneration policy) for the financial year ended 31 December 2024</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>56000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:voteDescription>Election of Director: Massimiliano Chiara</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>56000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:voteDescription>Election of Director: Alberto Dessy</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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        <inf:sharesVoted>56000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:voteDescription>Election of Director: Enrico Drago</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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        <inf:sharesVoted>56000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:voteDescription>Election of Director: Ashley M. Hunter</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>56000</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>56000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>INTERNATIONAL GAME TECHNOLOGY PLC</inf:issuerName>
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    <inf:voteDescription>Election of Director: James F. McCann</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>56000</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>56000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:voteDescription>Election of Director: Heather J. McGregor</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:sharesVoted>56000</inf:sharesVoted>
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        <inf:sharesVoted>56000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:voteDescription>Election of Director: Lorenzo Pellicioli</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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        <inf:sharesVoted>56000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:voteDescription>Election of Director: Maria Pinelli</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Marco Sala</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:issuerName>INTERNATIONAL GAME TECHNOLOGY PLC</inf:issuerName>
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    <inf:voteDescription>Election of Director: Gianmario Tondato Da Ruos</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>To re-appoint PricewaterhouseCoopers LLP as auditors of the Company</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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    <inf:voteDescription>To authorise the Company to make political donations and expenditure</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteDescription>To authorise the directors to allot shares</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
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    <inf:voteDescription>To authorise the directors to disapply pre-emption rights (special resolution)</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
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        <inf:howVoted>ABSTAIN</inf:howVoted>
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        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    <inf:issuerName>INTERNATIONAL GAME TECHNOLOGY PLC</inf:issuerName>
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    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>To authorise the directors to further disapply pre-emption rights for an acquisition or a specified capital investment (special resolution)</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:issuerName>INTERNATIONAL GAME TECHNOLOGY PLC</inf:issuerName>
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    <inf:voteDescription>To authorise the Company to make off-market purchases of its ordinary shares(special resolution)</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:issuerName>INTERNATIONAL GAME TECHNOLOGY PLC</inf:issuerName>
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    <inf:isin>GB00BVG7F061</inf:isin>
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    <inf:voteDescription>To receive and adopt the Annual Report &amp; Accounts for the financial year ended 31 December 2024</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
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    <inf:issuerName>AAON, INC.</inf:issuerName>
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    <inf:voteDescription>Proposal to ratify Grant Thornton LLP as our independent registered public accounting firm for the year ending December 31, 2025.</inf:voteDescription>
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        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING RATIFICATION OF THE ACTIONS OF THE MEMBERS OF THE COMPANY'S SUPERVISORY BOARD FOR THE 2024 FINANCIAL YEAR - THEO-BENNEKE BRETSCH</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING RATIFICATION OF THE ACTIONS OF THE MEMBERS OF THE COMPANY'S SUPERVISORY BOARD FOR THE 2024 FINANCIAL YEAR - SABINE CHRISTIANSEN</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING RATIFICATION OF THE ACTIONS OF THE MEMBERS OF THE COMPANY'S SUPERVISORY BOARD FOR THE 2024 FINANCIAL YEAR - THOMAS KARLOVITS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING RATIFICATION OF THE ACTIONS OF THE MEMBERS OF THE COMPANY'S SUPERVISORY BOARD FOR THE 2024 FINANCIAL YEAR - PROF. DR. KERSTIN LOPATTA</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING RATIFICATION OF THE ACTIONS OF THE MEMBERS OF THE COMPANY'S SUPERVISORY BOARD FOR THE 2024 FINANCIAL YEAR - TOBIAS MARX</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING RATIFICATION OF THE ACTIONS OF THE MEMBERS OF THE COMPANY'S SUPERVISORY BOARD FOR THE 2024 FINANCIAL YEAR - FRANK SUWALD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING RATIFICATION OF THE ACTIONS OF THE MEMBERS OF THE COMPANY'S SUPERVISORY BOARD FOR THE 2024 FINANCIAL YEAR - ROBERT WEIDINGER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING RATIFICATION OF THE ACTIONS OF THE MEMBERS OF THE COMPANY'S SUPERVISORY BOARD FOR THE 2024 FINANCIAL YEAR - PETRA WINTER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING RATIFICATION OF THE ACTIONS OF THE MEMBERS OF THE COMPANY'S SUPERVISORY BOARD FOR THE 2024 FINANCIAL YEAR - MIRIAM WOHLFARTH</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>KPMG AG WIRTSCHAFTSPRUFUNGSGESELLSCHAFT, HAMBURG, IS APPOINTED AS AUDITOR AND GROUP AUDITOR FOR THE 2025 FINANCIAL YEAR AND AS AUDITOR FOR ANY AUDIT REVIEW OF INTERIM FINANCIAL REPORTS FOR THE 2025 FINANCIAL YEAR AND FOR THE 2026 FINANCIAL YEAR THAT ARE PREPARED PRIOR TO THE 2026 ANNUAL GENERAL MEETING</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>KPMG AKTIENGESELLSCHAFT WIRTSCHAFTSPRUFUNGSGESELLSCHAFT, HAMBURG, IS APPOINTED AS THE AUDITOR OF THE SUSTAINABILITY REPORTING WITHIN THE MEANING OF POLICY (EU) 2022/2464 ON CORPORATE SUSTAINABILITY REPORTING (CORPORATE SUSTAINABILITY REPORTING DIRECTIVE) FOR THE 2025 FINANCIAL YEAR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING THE APPROVAL OF THE REMUNERATION REPORT FOR THE 2024 FINANCIAL YEAR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING THE AMENDMENT OF SECTION 12 (VENUE, CONVENING, VIRTUAL ANNUAL GENERAL MEETING) OF THE ARTICLES OF ASSOCIATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING THE CANCELLATION OF THE 2018 AND 2020 AUTHORISED CAPITALS, THE CREATION OF NEW 2025 AUTHORISED CAPITAL AGAINST CASH AND/OR NON-CASH CONTRIBUTIONS WITH THE AUTHORISATION TO EXCLUDE SUBSCRIPTION RIGHTS AND THE CORRESPONDING AMENDMENTS TO THE ARTICLES OF ASSOCIATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FREENET AG</inf:issuerName>
    <inf:cusip>D3689Q134</inf:cusip>
    <inf:isin>DE000A0Z2ZZ5</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>RESOLUTION REGARDING THE AUTHORISATION TO ISSUE CONVERTIBLE BONDS AND/OR BONDS WITH WARRANTS AND TO EXCLUDE SUBSCRIPTION RIGHTS BY CANCELLING THE AUTHORISATION OF 27 MAY 2020 AND RESOLUTION ON THE CREATION OF 2025 CONDITIONAL CAPITAL AND CORRESPONDING AMENDMENT TO THE ARTICLES OF ASSOCIATION; CANCELLATION OF 2020 CONDITIONAL CAPITAL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO RECEIVE AND ADOPT THE ANNUAL REPORT AND ACCOUNTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO RECEIVE AND ADOPT THE ANNUAL REPORT ON REMUNERATION CONTAINED IN THE ANNUAL REPORT AND ACCOUNTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO DECLARE A FINAL DIVIDEND OF 3.3 PENCE PER ORDINARY SHARE IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT DAWN ALLEN AS A NON-EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT EDWARD BONHAM CARTER AS A NON-EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT GRAHAM COOKE AS A NON-EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT ANDREW COSSLETT AS A NON-EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT MARGARET EWING AS A NON-EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT MARJORIE KAPLAN AS A NON-EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT GIDON KATZ AS A NON-EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT CHRIS KENNEDY AS AN EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT CAROLYN MCCALL AS AN EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT SHARMILA NEBHRAJANI AS A NON-EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO REAPPOINT PRICEWATERHOUSECOOPERS LLP AS AUDITOR OF THE COMPANY UNTIL THE CONCLUSION OF THE NEXT GENERAL MEETING</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>TO AUTHORISE THE DIRECTORS TO DETERMINE THE AUDITOR'S REMUNERATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>THAT, THE COMPANY AND ANY COMPANY WHICH IS, OR BECOMES, A SUBSIDIARY OF THE COMPANY BE AUTHORISED TO MAKE POLITICAL DONATIONS AND INCUR POLITICAL EXPENDITURE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>THAT THE BOARD BE AUTHORISED TO ALLOT SHARES IN THE COMPANY AND TO GRANT RIGHTS TO SUBSCRIBE FOR OR CONVERT ANY SECURITY INTO SHARES IN THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>DISAPPLICATION OF PRE-EMPTION RIGHTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>FURTHER DISAPPLICATION OF PRE-EMPTION RIGHTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>THAT THE COMPANY IS AUTHORISED TO MAKE MARKET PURCHASES OF ITS OWN SHARES UP TO AN AGGREGATE NUMBER OF 386 MILLION ORDINARY SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ITV PLC</inf:issuerName>
    <inf:cusip>G4984A110</inf:cusip>
    <inf:isin>GB0033986497</inf:isin>
    <inf:meetingDate>05/13/2025</inf:meetingDate>
    <inf:voteDescription>THAT, A GENERAL MEETING OTHER THAN AN AGM MAY BE CALLED ON NOT LESS THAN 14 CLEAR DAYS' NOTICE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>210000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>210000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2024 - APPROVAL OF NON-TAX DEDUCTIBLE EXPENSES AND EXPENSES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>APPROPRIATION OF PROFIT FOR THE YEAR ENDED DECEMBER 31, 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>SPECIAL REPORT OF THE STATUTORY AUDITORS ON THE AGREEMENTS REFERRED TO IN ARTICLES L. 225-86 ET SEQ. OF THE FRENCH COMMERCIAL CODE - FINDING OF THE ABSENCE OF A NEW AGREEMENT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>RENEWAL OF THE TERM OF OFFICE OF MR. GERARD DEGONSE AS A MEMBER OF THE SUPERVISORY BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>RENEWAL OF THE TERM OF OFFICE OF MR. JEAN-PIERRE DECAUX AS A MEMBER OF THE SUPERVISORY BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>RENEWAL OF THE TERM OF OFFICE OF MRS. ALEXIA DECAUX-LEFORT AS A MEMBER OF THE SUPERVISORY BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>APPOINTMENT OF MR. GUILLAUME PEPY TO REPLACE MR. MICHEL BLEITRACH AS A MEMBER OF THE SUPERVISORY BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE REMUNERATION POLICY OF THE CHAIRMAN OF THE EXECUTIVE BOARD AND THE MEMBERS OF THE EXECUTIVE BOARD IN ACCORDANCE WITH ARTICLE L.22-10-26 II OF THE FRENCH COMMERCIAL CODE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE REMUNERATION POLICY OF THE CHAIRMAN OF THE SUPERVISORY BOARD AND THE MEMBERS OF THE SUPERVISORY BOARD IN ACCORDANCE WITH ARTICLE L.22-10-26 II OF THE FRENCH COMMERCIAL CODE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE ELEMENTS OF THE REMUNERATION PAID OR AWARDED IN RESPECT OF THE YEAR ENDED DECEMBER 31, 2024 TO ALL CORPORATE OFFICERS (MEMBERS OF THE EXECUTIVE BOARD AND THE SUPERVISORY BOARD)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE ELEMENTS OF THE REMUNERATION PAID OR AWARDED IN RESPECT OF THE YEAR ENDED DECEMBER 31, 2024 TO MR. JEAN-CHARLES DECAUX, CHAIRMAN OF THE EXECUTIVE BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE ELEMENTS OF THE REMUNERATION PAID OR AWARDED IN RESPECT OF THE YEAR ENDED DECEMBER 31, 2024 TO MR. JEAN-FRANCOIS DECAUX, MEMBER OF THE EXECUTIVE BOARD AND CHIEF EXECUTIVE OFFICER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE ELEMENTS OF THE REMUNERATION PAID OR AWARDED IN RESPECT OF THE YEAR ENDED DECEMBER 31, 2024 TO EMMANUEL BASTIDE, DAVID BOURG AND DANIEL HOFER, MEMBERS OF THE EXECUTIVE BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE ELEMENTS OF THE REMUNERATION PAID OR AWARDED IN RESPECT OF THE YEAR ENDED DECEMBER 31, 2024 TO MR. GERARD DEGONSE, CHAIRMAN OF THE SUPERVISORY BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DETERMINATION OF THE AMOUNT OF REMUNERATION OF THE MEMBERS OF THE SUPERVISORY BOARD</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZATION TO BE GIVEN TO THE EXECUTIVE BOARD TO OPERATE ON THE COMPANY'S SHARES WITHIN THE FRAMEWORK OF ARTICLE L. 22-10-62 OF THE FRENCH COMMERCIAL CODE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZATION TO BE GIVEN TO THE EXECUTIVE BOARD TO REDUCE THE SHARE CAPITAL BY CANCELLATION OF TREASURY SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO BE GIVEN TO THE EXECUTIVE BOARD FOR THE PURPOSE OF ISSUING ORDINARY SHARES AND/OR EQUITY SECURITIES GIVING ACCESS TO OTHER EQUITY SECURITIES OR GIVING THE RIGHT TO THE ALLOCATION OF DEBT SECURITIES AND/OR TRANSFERABLE SECURITIES GIVING ACCESS TO EQUITY SECURITIES TO BE ISSUED WITH PREFERENTIAL SUBSCRIPTION RIGHTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO BE GIVEN TO THE EXECUTIVE BOARD FOR THE PURPOSE OF ISSUING ORDINARY SHARES AND/OR EQUITY SECURITIES GIVING ACCESS TO OTHER EQUITY SECURITIES OR ENTITLING THEM TO THE ALLOCATION OF DEBT SECURITIES AND/OR TRANSFERABLE SECURITIES GIVING ACCESS TO EQUITY SECURITIES TO BE ISSUED WITH CANCELLATION OF PREFERENTIAL SUBSCRIPTION RIGHTS BY PUBLIC OFFERING, EXCLUDING THE OFFERS REFERRED TO IN 1 ARTICLE L.411-2 OF THE FRENCH MONETARY AND FINANCIAL CODE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO BE GIVEN TO THE EXECUTIVE BOARD FOR THE PURPOSE OF ISSUING ORDINARY SHARES AND/OR EQUITY SECURITIES GIVING ACCESS TO OTHER EQUITY SECURITIES OR GIVING THE RIGHT TO THE ALLOCATION OF DEBT SECURITIES AND/OR TRANSFERABLE SECURITIES GIVING ACCESS TO EQUITY SECURITIES TO BE ISSUED, WITH CANCELLATION OF PREFERENTIAL SUBSCRIPTION RIGHTS BY AN OFFER REFERRED TO IN 1 OF ARTICLE L.411-2 OF THE MONETARY AND FINANCIAL CODE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO BE CONFERRED ON THE EXECUTIVE BOARD FOR THE PURPOSE OF DECIDING ON THE ISSUANCE OF ORDINARY SHARES AND/OR TRANSFERABLE SECURITIES GIVING ACCESS TO THE SHARE CAPITAL AND/OR DEBT SECURITIES, WITH CANCELLATION OF THE PREFERENTIAL SUBSCRIPTION RIGHT IN FAVOUR OF ONE OR MORE NAMED PERSONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO BE GIVEN TO THE EXECUTIVE BOARD FOR THE PURPOSE OF INCREASING THE NUMBER OF EQUITY SECURITIES OR TRANSFERABLE SECURITIES GIVING ACCESS TO EQUITY SECURITIES TO BE ISSUED (OVER-ALLOTMENT OPTION) IN THE EVENT OF ISSUANCE WITH CANCELLATION OR MAINTENANCE OF PREFERENTIAL SUBSCRIPTION RIGHTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO BE GIVEN TO THE EXECUTIVE BOARD TO INCREASE THE SHARE CAPITAL BY ISSUING ORDINARY SHARES AND/OR TRANSFERABLE SECURITIES GIVING ACCESS TO THE CAPITAL, UP TO A LIMIT OF 20% OF THE CAPITAL, WITH A VIEW TO REMUNERATING CONTRIBUTIONS IN KIND OF EQUITY SECURITIES OR TRANSFERABLE SECURITIES GIVING ACCESS TO THE CAPITAL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO BE GIVEN TO THE EXECUTIVE BOARD TO INCREASE THE CAPITAL BY INCORPORATION OF RESERVES, PROFITS AND/OR BONUSES, DURATION OF THE DELEGATION, MAXIMUM NOMINAL AMOUNT OF THE CAPITAL INCREASE, FATE OF FRACTIONAL SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZATION TO BE GIVEN TO THE EXECUTIVE BOARD TO GRANT STOCK OPTIONS WITH CANCELLATION OF PREFERENTIAL SUBSCRIPTION RIGHTS FOR THE BENEFIT OF EMPLOYEES AND CORPORATE OFFICERS OF THE GROUP OR SOME OF THEM, WAIVER OF SHAREHOLDERS' PREFERENTIAL SUBSCRIPTION RIGHTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZATION TO BE GIVEN TO THE EXECUTIVE BOARD FOR THE PURPOSE OF MAKING FREE ALLOCATIONS OF EXISTING OR FUTURE SHARES WITH CANCELLATION OF PREFERENTIAL SUBSCRIPTION RIGHTS FOR THE BENEFIT OF MEMBERS OF THE GROUP'S SALARIED STAFF AND CORPORATE OFFICERS OR SOME OF THEM</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO BE GIVEN TO THE EXECUTIVE BOARD FOR THE PURPOSE OF DECIDING TO INCREASE THE SHARE CAPITAL BY ISSUING EQUITY SECURITIES OR TRANSFERABLE SECURITIES GIVING ACCESS TO EQUITY SECURITIES TO BE ISSUED RESERVED FOR MEMBERS OF SAVINGS PLANS, WITH CANCELLATION OF PREFERENTIAL SUBSCRIPTION RIGHTS FOR THE BENEFIT OF THE LATTER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DELEGATION OF AUTHORITY TO BE GIVEN TO THE EXECUTIVE BOARD FOR THE PURPOSE OF DECIDING ON THE INCREASE OF THE SHARE CAPITAL BY ISSUING EQUITY SECURITIES OR TRANSFERABLE SECURITIES GIVING ACCESS TO EQUITY SECURITIES TO BE ISSUED RESERVED FOR CATEGORIES OF BENEFICIARIES IN THE CONTEXT OF AN EMPLOYEE SHAREHOLDING OPERATION, WITH CANCELLATION OF THE PREFERENTIAL SUBSCRIPTION RIGHT FOR THE BENEFIT OF THE LATTER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>AMENDMENT OF ARTICLE 17 &#34;ORGANISATION AND FUNCTIONING OF THE SUPERVISORY BOARD&#34; OF THE ARTICLES OF ASSOCIATION CONCERNING (I) THE USE OF A MEANS OF TELECOMMUNICATION DURING MEETINGS OF THE SUPERVISORY BOARD, (II) THE POSSIBILITY FOR THE MEMBERS OF THE SUPERVISORY BOARD TO VOTE BY MAIL AND (III) THE WRITTEN CONSULTATION OF THE MEMBERS OF THE SUPERVISORY BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>JCDECAUX SE</inf:issuerName>
    <inf:cusip>F5333N100</inf:cusip>
    <inf:isin>FR0000077919</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>POWERS TO COMPLETE FORMALITIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>21000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>ADVISORY VOTE ON THE REMUNERATION REPORT 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>ADOPTION OF THE FINANCIAL STATEMENTS 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>ADOPTION OF THE DIVIDEND PROPOSAL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DISCHARGE OF THE EXECUTIVE DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DISCHARGE OF THE NON EXECUTIVE DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>RE APPOINTMENT OF VINCENT VALLEJO AS EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>RE APPOINTMENT OF SHERRY LANSING AS NON EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>RE APPOINTMENT OF HAIM SABAN AS NON EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>RE APPOINTMENT OF LUC VAN OS AS NON EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
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    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>ADOPTION OF THE EXECUTIVE DIRECTORS  REMUNERATION POLICY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZATION OF THE BOARD AS THE COMPETENT BODY TO REPURCHASE SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
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    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>ADVISORY VOTE ON THE REMUNERATION REPORT 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>38000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>ADOPTION OF THE FINANCIAL STATEMENTS 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>38000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>ADOPTION OF THE DIVIDEND PROPOSAL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>38000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DISCHARGE OF THE EXECUTIVE DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>38000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>DISCHARGE OF THE NON EXECUTIVE DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>38000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>RE APPOINTMENT OF VINCENT VALLEJO AS EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>38000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>RE APPOINTMENT OF SHERRY LANSING AS NON EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>38000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>RE APPOINTMENT OF HAIM SABAN AS NON EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>38000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>RE APPOINTMENT OF LUC VAN OS AS NON EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>38000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>ADOPTION OF THE EXECUTIVE DIRECTORS  REMUNERATION POLICY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>38000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZATION OF THE BOARD AS THE COMPETENT BODY TO REPURCHASE SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>38000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>UNIVERSAL MUSIC GROUP N.V.</inf:issuerName>
    <inf:cusip>N90313102</inf:cusip>
    <inf:isin>NL0015000IY2</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>CANCELLATION OF SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>38000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TENCENT HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G87572163</inf:cusip>
    <inf:isin>KYG875721634</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>TO RECEIVE AND CONSIDER THE AUDITED FINANCIAL STATEMENTS, THE DIRECTORS REPORT AND THE INDEPENDENT AUDITORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TENCENT HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G87572163</inf:cusip>
    <inf:isin>KYG875721634</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>TO DECLARE A FINAL DIVIDEND</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TENCENT HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G87572163</inf:cusip>
    <inf:isin>KYG875721634</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT MR LI DONG SHENG AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>2500</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TENCENT HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G87572163</inf:cusip>
    <inf:isin>KYG875721634</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT MR YANG SIU SHUN AS DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TENCENT HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G87572163</inf:cusip>
    <inf:isin>KYG875721634</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>TO AUTHORISE THE BOARD OF DIRECTORS TO FIX THE DIRECTORS REMUNERATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TENCENT HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G87572163</inf:cusip>
    <inf:isin>KYG875721634</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT AUDITOR AND AUTHORISE THE BOARD OF DIRECTORS TO FIX THEIR REMUNERATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TENCENT HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G87572163</inf:cusip>
    <inf:isin>KYG875721634</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>TO GRANT A GENERAL MANDATE TO THE DIRECTORS TO ISSUE NEW SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>2500</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TENCENT HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G87572163</inf:cusip>
    <inf:isin>KYG875721634</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>TO GRANT A GENERAL MANDATE TO THE DIRECTORS TO REPURCHASE SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICAN TOWER CORPORATION</inf:issuerName>
    <inf:cusip>03027X100</inf:cusip>
    <inf:isin>US03027X1000</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Steven O. Vondran</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICAN TOWER CORPORATION</inf:issuerName>
    <inf:cusip>03027X100</inf:cusip>
    <inf:isin>US03027X1000</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Kelly C. Chambliss</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICAN TOWER CORPORATION</inf:issuerName>
    <inf:cusip>03027X100</inf:cusip>
    <inf:isin>US03027X1000</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Teresa H. Clarke</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICAN TOWER CORPORATION</inf:issuerName>
    <inf:cusip>03027X100</inf:cusip>
    <inf:isin>US03027X1000</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Kenneth R. Frank</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICAN TOWER CORPORATION</inf:issuerName>
    <inf:cusip>03027X100</inf:cusip>
    <inf:isin>US03027X1000</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Robert D. Hormats</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICAN TOWER CORPORATION</inf:issuerName>
    <inf:cusip>03027X100</inf:cusip>
    <inf:isin>US03027X1000</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Rajesh Kalathur</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>16200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>16200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMERICAN TOWER CORPORATION</inf:issuerName>
    <inf:cusip>03027X100</inf:cusip>
    <inf:isin>US03027X1000</inf:isin>
    <inf:meetingDate>05/14/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Grace D. Lieblein</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
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        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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    <inf:issuerName>NRJ GROUP</inf:issuerName>
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    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>4000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
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    <inf:isin>FR0000121691</inf:isin>
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    <inf:voteDescription>APPROVAL OF THE INFORMATION REFERRED TO IN ARTICLE L. 22-10-9 I OF THE FRENCH COMMERCIAL CODE CONCERNING EXECUTIVE CORPORATE OFFICERS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>4000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>NRJ GROUP</inf:issuerName>
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    <inf:isin>FR0000121691</inf:isin>
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    <inf:voteDescription>APPROVAL OF FIXED, VARIABLE, AND EXCEPTIONAL ITEMS COMPOSING THE TOTAL REMUNERATION AND BENEFITS PAID OR GRANTED FOR THE PAST FISCAL YEAR TO JEAN-PAUL BAUDECROUX, CEO</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>4000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
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    <inf:voteDescription>AUTHORIZATION TO BE GIVEN TO THE BOARD OF DIRECTORS TO ALLOW THE COMPANY TO BUY BACK ITS OWN SHARES UNDER THE PROVISIONS OF ARTICLE L. 22-10-62 OF THE FRENCH COMMERCIAL CODE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>4000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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    <inf:voteDescription>AUTHORIZATION TO BE GIVEN TO THE BOARD OF DIRECTORS TO CANCEL THE TREASURY SHARES HELD BY THE COMPANY UNDER THE PROVISIONS OF ARTICLE L. 22-10-62 OF THE FRENCH COMMERCIAL CODE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>4000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>NRJ GROUP</inf:issuerName>
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    <inf:isin>FR0000121691</inf:isin>
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    <inf:voteDescription>AMENDMENT OF THE 3RD PARAGRAPH OF ARTICLE 13.4 OF THE BYLAWS CONCERNING THE USE OF TELECOMMUNICATION MEANS FOR BOARD MEETINGS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>4000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>NRJ GROUP</inf:issuerName>
    <inf:cusip>F6637Z112</inf:cusip>
    <inf:isin>FR0000121691</inf:isin>
    <inf:meetingDate>05/15/2025</inf:meetingDate>
    <inf:voteDescription>AMENDMENT OF THE LAST PARAGRAPH OF ARTICLE 13.4 OF THE BYLAWS REGARDING THE WRITTEN CONSULTATION OF BOARD MEMBERS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>4000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>NRJ GROUP</inf:issuerName>
    <inf:cusip>F6637Z112</inf:cusip>
    <inf:isin>FR0000121691</inf:isin>
    <inf:meetingDate>05/15/2025</inf:meetingDate>
    <inf:voteDescription>POWERS FOR FORMALITIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>4000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>WOLTERS KLUWER N.V.</inf:issuerName>
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    <inf:voteDescription>2024 ANNUAL REPORT : ADVISORY VOTE ON THE REMUNERATION REPORT AS INCLUDED IN THE 2024 ANNUAL REPORT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>WOLTERS KLUWER N.V.</inf:issuerName>
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    <inf:voteDescription>2024 FINANCIAL STATEMENTS AND DIVIDEND: PROPOSAL TO ADOPT THE FINANCIAL STATEMENTS FOR 2024 AS INCLUDED IN THE 2024 ANNUAL REPORT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>WOLTERS KLUWER N.V.</inf:issuerName>
    <inf:cusip>N9643A197</inf:cusip>
    <inf:isin>NL0000395903</inf:isin>
    <inf:meetingDate>05/15/2025</inf:meetingDate>
    <inf:voteDescription>2024 FINANCIAL STATEMENTS AND DIVIDEND : PROPOSAL TO DISTRIBUTE A TOTAL DIVIDEND OF ' 2.33 PER ORDINARY SHARE, RESULTING IN A FINAL DIVIDEND OF ' 1.50 PER ORDINARY SHARE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>WOLTERS KLUWER N.V.</inf:issuerName>
    <inf:cusip>N9643A197</inf:cusip>
    <inf:isin>NL0000395903</inf:isin>
    <inf:meetingDate>05/15/2025</inf:meetingDate>
    <inf:voteDescription>RELEASE OF THE MEMBERS OF THE EXECUTIVE BOARD AND THE SUPERVISORY BOARD FROM LIABILITY FOR THE EXERCISE OF THEIR RESPECTIVE DUTIES : PROPOSAL TO RELEASE THE MEMBERS OF THE EXECUTIVE BOARD FOR THE EXERCISE OF THEIR DUTIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>WOLTERS KLUWER N.V.</inf:issuerName>
    <inf:cusip>N9643A197</inf:cusip>
    <inf:isin>NL0000395903</inf:isin>
    <inf:meetingDate>05/15/2025</inf:meetingDate>
    <inf:voteDescription>RELEASE OF THE MEMBERS OF THE EXECUTIVE BOARD AND THE SUPERVISORY BOARD FROM LIABILITY FOR THE EXERCISE OF THEIR RESPECTIVE DUTIES : PROPOSAL TO RELEASE THE MEMBERS OF THE SUPERVISORY BOARD FOR THE EXERCISE OF THEIR DUTIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>WOLTERS KLUWER N.V.</inf:issuerName>
    <inf:cusip>N9643A197</inf:cusip>
    <inf:isin>NL0000395903</inf:isin>
    <inf:meetingDate>05/15/2025</inf:meetingDate>
    <inf:voteDescription>COMPOSITION OF THE EXECUTIVE BOARD : PROPOSAL TO REAPPOINT MR. KEVIN ENTRICKEN AS MEMBER OF THE EXECUTIVE BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>WOLTERS KLUWER N.V.</inf:issuerName>
    <inf:cusip>N9643A197</inf:cusip>
    <inf:isin>NL0000395903</inf:isin>
    <inf:meetingDate>05/15/2025</inf:meetingDate>
    <inf:voteDescription>COMPOSITION OF THE EXECUTIVE BOARD : PROPOSAL TO APPOINT MS. STACEY CAYWOOD AS MEMBER OF THE EXECUTIVE BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>WOLTERS KLUWER N.V.</inf:issuerName>
    <inf:cusip>N9643A197</inf:cusip>
    <inf:isin>NL0000395903</inf:isin>
    <inf:meetingDate>05/15/2025</inf:meetingDate>
    <inf:voteDescription>PROPOSAL TO REAPPOINT MS. ANN ZIEGLER AS MEMBER OF THE SUPERVISORY BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>WOLTERS KLUWER N.V.</inf:issuerName>
    <inf:cusip>N9643A197</inf:cusip>
    <inf:isin>NL0000395903</inf:isin>
    <inf:meetingDate>05/15/2025</inf:meetingDate>
    <inf:voteDescription>PROPOSAL TO ADOPT THE REMUNERATION POLICY FOR THE MEMBERS OF THE EXECUTIVE BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>WOLTERS KLUWER N.V.</inf:issuerName>
    <inf:cusip>N9643A197</inf:cusip>
    <inf:isin>NL0000395903</inf:isin>
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    <inf:voteDescription>PROPOSAL TO EXTEND THE AUTHORITY OF THE EXECUTIVE BOARD : TO ISSUE SHARES AND/OR GRANT RIGHTS TO SUBSCRIBE FOR SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>WOLTERS KLUWER N.V.</inf:issuerName>
    <inf:cusip>N9643A197</inf:cusip>
    <inf:isin>NL0000395903</inf:isin>
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    <inf:voteDescription>PROPOSAL TO EXTEND THE AUTHORITY OF THE EXECUTIVE BOARD : TO RESTRICT OR EXCLUDE STATUTORY PRE-EMPTION RIGHTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
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    <inf:cusip>N9643A197</inf:cusip>
    <inf:isin>NL0000395903</inf:isin>
    <inf:meetingDate>05/15/2025</inf:meetingDate>
    <inf:voteDescription>PROPOSAL TO AUTHORIZE THE EXECUTIVE BOARD TO ACQUIRE SHARES IN THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
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    <inf:voteDescription>PROPOSAL TO CANCEL SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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    <inf:voteDescription>PROPOSAL TO APPOINT KPMG ACCOUNTANTS N.V. AS EXTERNAL AUDITOR EXAMINING THE COMPANY'S SUSTAINABILITY STATEMENTS FOR THE FINANCIAL YEARS 2025 ' 2028</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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    <inf:voteDescription>Opening and constitution of the Presiding Committee.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>INVESTMENT COMPANY MATTERS</inf:categoryType>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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    <inf:voteDescription>Reading, discussion and approval of the consolidated financial statements relating to activity year 2024.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:sharesVoted>30000</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:sharesVoted>30000</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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    <inf:voteDescription>Discussion and resolution of the amendment of the articles 4 and 6 of the Company's Articles of Association, on condition that the legal permits of T.R. Ministry of Trade and Capital Markets Board are taken, pursuant to the amendment text attached to the agenda.</inf:voteDescription>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>30000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>30000</inf:sharesVoted>
        <inf:managementRecommendation>NONE</inf:managementRecommendation>
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    <inf:voteDescription>Informing the shareholders about the donations and grants made in activity year 2024, Discussing and resolving on the proposal of the Board of Directors to determine the limit of donations to be made by our Company within the period starting on January 1, 2025 and ending on the date of the general assembly meeting of the Company for the 2025 accounting period.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Delegation of authority to the Board of Directors to issue Company shares and complex securities, with the waiver of shareholders' preferential subscription rights, as part of a public offering other than those provided for in Article L. 411-2 of the French Monetary and Financial Code (only usable outside the period of a public tender offer for the Company's shares, unless specifically authorised by the shareholders 'meeting)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Delegation of authority to the Board of Directors to issue Company shares and complex securities, with the waiver of shareholders' preferential subscription rights, as part of a public offering provided for in 1 of Article L. 411-2 of the French Monetary and Financial Code (only usable outside the period of a public tender offer for the Company's shares, unless specifically authorised by the shareholders 'meeting)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Delegation of authority to the Board of Directors to increase the number of securities to be issued in the event of an issue of securities (only usable outside the period of a public tender offer for the Company's shares, unless specifically authorised by the shareholders 'meeting)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Delegation of authority to the Board of Directors to issue shares and complex securities, with the waiver of shareholders' preferential subscription rights, in the event of a public exchange offer initiated by the Company (only usable outside the period of a public tender offer for the Company's shares, unless specifically authorized by the Shareholders' Meeting)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Delegation of authority to the Board of Directors to issue shares and complex securities, with the waiver of shareholders' preferential subscription rights, as consideration for contributions in kind made to the Company in the form of equity securities or securities giving access to the capital (only usable outside the period of a public tender offer for the Company's shares, unless specifically authorized by the Shareholders' Meeting)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Overall limit on authorizations</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Authorization granted to the Board of Directors to allocate free shares of the Company to executive Corporate Officers and certain Orange group employees and involving the waiver of shareholders' preferential subscription rights</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Delegation of authority to the Board of Directors to issue shares or complex securities reserved for members of savings plans and involving the waiver of shareholders' preferential subscription rights</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Delegation of authority to the Board of Directors to increase the share capital of the Company by incorporation of reserves, profits or premiums</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Authorization to the Board of Directors to reduce the capital through the cancellation of shares</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Powers for formalities</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Amendment to the twenty-fourth resolution - Authorization granted to the Board of Directors, with the same regularity as ...(due to space limits, see proxy material for full proposal).</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>INVESTMENT COMPANY MATTERS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ORANGE</inf:issuerName>
    <inf:cusip>684060106</inf:cusip>
    <inf:isin>US6840601065</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Limitation on the accumulation of mandates of the Chairman of the board</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>9000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To elect the chair of the AGM and to empower the chair of the AGM to appoint the other members of the bureau of the meeting.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To receive the reports of the board of directors and the external auditor on the 2024 annual accounts and consolidated accounts.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To approve the annual accounts and the consolidated accounts for the year ended December 31, 2024.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To allocate the results of the year ended December 31, 2024, to the unappropriated net profits to be carried forward.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To approve the distribution by Millicom of a dividend of USD 3 per share to be paid in four equal installments on or around 07/15/2025, 10/15/2025, 01/15/2026, and 04/15/2026.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To discharge all the Directors of Millicom for the performance of their mandates during the year ended December 31, 2024.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To set the number of Directors at 8.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Maria Teresa Arnal as a Director for a term ending at the annual general meeting to be held in 2026 (the &#34;2026 AGM&#34;).*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Bruce Churchill as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Jules Niel as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Blanca Trevino de Vega as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Pierre-Emmanuel Durand as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Maxime Lombardini as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Justine Dimovic as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To elect Pierre Alain Allemand as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To elect Maxime Lombardini as Chair of the Board for a term ending at the 2026 AGM.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To approve the Directors' remuneration for the period from the AGM to the 2026 AGM.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect KPMG Audit SARL and KPMG LLP as the external auditor until 2026 AGM &amp; to approve their remuneration to be paid against an approved account.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To approve the Share Repurchase Plan.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To elect the chair of the EGM and to empower the chair of the EGM to appoint the other members of the bureau of the meeting.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To amend article 6 of Millicom's articles of association to (a) authorize the Board to cancel any repurchased shares and (b) remove the reference to the Transparency Law.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To amend article 7 to (a) remove the reference to the Swedish Corporate Governance Code &amp; (b) remove the requirements regarding composition of the Nomination Committee.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To amend article 8 of the Articles to reinstate the casting vote of the Chair of the Board in the event of a tie, as provided by article 444-4 (2) of the 1915 Law.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To amend article 8 of the Articles to remove the requirement that written board resolutions can only be adopted in cases of urgency or exceptional circumstances.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To amend article 21 to (a) eliminate the reference to the law of 24/03/2011 on shareholder rights and (b) allow the Board to authorize electronic participation of shareholders.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To fully restate the Company's articles of association to incorporate the amendments to the Company's articles of association approved in the foregoing resolutions.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TEGNA INC.</inf:issuerName>
    <inf:cusip>87901J105</inf:cusip>
    <inf:isin>US87901J1051</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the Company's 2026 Annual Meeting of Shareholders: Gina L. Bianchini</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>69000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>69000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TEGNA INC.</inf:issuerName>
    <inf:cusip>87901J105</inf:cusip>
    <inf:isin>US87901J1051</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the Company's 2026 Annual Meeting of Shareholders: Catherine Dunleavy</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>69000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>69000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TEGNA INC.</inf:issuerName>
    <inf:cusip>87901J105</inf:cusip>
    <inf:isin>US87901J1051</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the Company's 2026 Annual Meeting of Shareholders: Howard D. Elias</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>69000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>69000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TEGNA INC.</inf:issuerName>
    <inf:cusip>87901J105</inf:cusip>
    <inf:isin>US87901J1051</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the Company's 2026 Annual Meeting of Shareholders: Stuart J. Epstein</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>69000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>69000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TEGNA INC.</inf:issuerName>
    <inf:cusip>87901J105</inf:cusip>
    <inf:isin>US87901J1051</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the Company's 2026 Annual Meeting of Shareholders: Scott K. McCune</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>69000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>69000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TEGNA INC.</inf:issuerName>
    <inf:cusip>87901J105</inf:cusip>
    <inf:isin>US87901J1051</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the Company's 2026 Annual Meeting of Shareholders: Henry W. McGee</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>69000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>69000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TEGNA INC.</inf:issuerName>
    <inf:cusip>87901J105</inf:cusip>
    <inf:isin>US87901J1051</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the Company's 2026 Annual Meeting of Shareholders: Neal B. Shapiro</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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        <inf:sharesVoted>69000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>TEGNA INC.</inf:issuerName>
    <inf:cusip>87901J105</inf:cusip>
    <inf:isin>US87901J1051</inf:isin>
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    <inf:voteDescription>Election of Director to hold office until the Company's 2026 Annual Meeting of Shareholders: Michael Steib</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:sharesVoted>69000</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>69000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>TEGNA INC.</inf:issuerName>
    <inf:cusip>87901J105</inf:cusip>
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    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director to hold office until the Company's 2026 Annual Meeting of Shareholders: Denmark West</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
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  <inf:proxyTable>
    <inf:issuerName>TEGNA INC.</inf:issuerName>
    <inf:cusip>87901J105</inf:cusip>
    <inf:isin>US87901J1051</inf:isin>
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    <inf:voteDescription>Election of Director to hold office until the Company's 2026 Annual Meeting of Shareholders: Melinda C. Witmer</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>69000</inf:sharesVoted>
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      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>69000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>TEGNA INC.</inf:issuerName>
    <inf:cusip>87901J105</inf:cusip>
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    <inf:voteDescription>COMPANY PROPOSAL TO RATIFY the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the 2025 fiscal year.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>69000</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>69000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>TEGNA INC.</inf:issuerName>
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    <inf:voteDescription>COMPANY PROPOSAL TO APPROVE, ON AN ADVISORY BASIS, the compensation of the Company's named executive officers.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>69000</inf:sharesVoted>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>69000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To elect the chair of the AGM and to empower the chair of the AGM to appoint the other members of the bureau of the meeting.*</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
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    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To receive the reports of the board of directors and the external auditor on the 2024 annual accounts and consolidated accounts.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
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    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To approve the annual accounts and the consolidated accounts for the year ended December 31, 2024.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To allocate the results of the year ended December 31, 2024, to the unappropriated net profits to be carried forward.*</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To approve the distribution by Millicom of a dividend of USD 3 per share to be paid in four equal installments on or around 07/15/2025, 10/15/2025, 01/15/2026, and 04/15/2026.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To discharge all the Directors of Millicom for the performance of their mandates during the year ended December 31, 2024.*</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To set the number of Directors at 8.*</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
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    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Maria Teresa Arnal as a Director for a term ending at the annual general meeting to be held in 2026 (the &#34;2026 AGM&#34;).*</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
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    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Bruce Churchill as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
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    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Jules Niel as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
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    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Blanca Trevino de Vega as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
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    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Pierre-Emmanuel Durand as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
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    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Maxime Lombardini as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect Justine Dimovic as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:sharesVoted>17000</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To elect Pierre Alain Allemand as a Director for a term ending at the 2026 AGM.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:sharesVoted>17000</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To elect Maxime Lombardini as Chair of the Board for a term ending at the 2026 AGM.*</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To approve the Directors' remuneration for the period from the AGM to the 2026 AGM.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To re-elect KPMG Audit SARL and KPMG LLP as the external auditor until 2026 AGM &amp; to approve their remuneration to be paid against an approved account.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To approve the Share Repurchase Plan.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To elect the chair of the EGM and to empower the chair of the EGM to appoint the other members of the bureau of the meeting.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To amend article 6 of Millicom's articles of association to (a) authorize the Board to cancel any repurchased shares and (b) remove the reference to the Transparency Law.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To amend article 7 to (a) remove the reference to the Swedish Corporate Governance Code &amp; (b) remove the requirements regarding composition of the Nomination Committee.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To amend article 8 of the Articles to reinstate the casting vote of the Chair of the Board in the event of a tie, as provided by article 444-4 (2) of the 1915 Law.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To amend article 8 of the Articles to remove the requirement that written board resolutions can only be adopted in cases of urgency or exceptional circumstances.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To amend article 21 to (a) eliminate the reference to the law of 24/03/2011 on shareholder rights and (b) allow the Board to authorize electronic participation of shareholders.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MILLICOM INTERNATIONAL CELLULAR S.A.</inf:issuerName>
    <inf:cusip>L6388F110</inf:cusip>
    <inf:isin>LU0038705702</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>To fully restate the Company's articles of association to incorporate the amendments to the Company's articles of association approved in the foregoing resolutions.*</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>17000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>17000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: Jeffrey P. Bezos</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: Andrew R. Jassy</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: Keith B. Alexander</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: Edith W. Cooper</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: Jamie S. Gorelick</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: Daniel P. Huttenlocher</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: Andrew Y. Ng</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: Indra K. Nooyi</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: Jonathan J. Rubinstein</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: Brad D. Smith</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: Patricia Q. Stonesifer</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: Wendell P. Weeks</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>RATIFICATION OF THE APPOINTMENT OF ERNST &amp; YOUNG LLP AS INDEPENDENT AUDITORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>SHAREHOLDER PROPOSAL REQUESTING A MANDATORY POLICY SEPARATING THE ROLES OF CEO AND CHAIR OF THE BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>SHAREHOLDER PROPOSAL REQUESTING A REPORT ON ADVERTISING RISKS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>SHAREHOLDER PROPOSAL REQUESTING ALTERNATIVE EMISSIONS REPORTING</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>SHAREHOLDER PROPOSAL REQUESTING ADDITIONAL REPORTING ON IMPACT OF DATA CENTERS ON CLIMATE COMMITMENTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>SHAREHOLDER PROPOSAL REQUESTING AN ASSESSMENT OF BOARD STRUCTURE FOR OVERSIGHT OF AI</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>SHAREHOLDER PROPOSAL REQUESTING A REPORT ON PACKAGING MATERIALS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>SHAREHOLDER PROPOSAL REQUESTING A REPORT ON WAREHOUSE WORKING CONDITIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMAZON.COM, INC.</inf:issuerName>
    <inf:cusip>023135106</inf:cusip>
    <inf:isin>US0231351067</inf:isin>
    <inf:meetingDate>05/21/2025</inf:meetingDate>
    <inf:voteDescription>SHAREHOLDER PROPOSAL REQUESTING A REPORT ON DATA USAGE OVERSIGHT IN AI OFFERINGS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
    <inf:sharesVoted>9500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>9500</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MGM CHINA HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G60744102</inf:cusip>
    <inf:isin>KYG607441022</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>TO RECEIVE AND CONSIDER THE AUDITED FINANCIAL STATEMENTS AND THE REPORTS OF THE DIRECTORS OF THE COMPANY (THE DIRECTORS) AND INDEPENDENT AUDITOR FOR THE YEAR ENDED DECEMBER 31, 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MGM CHINA HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G60744102</inf:cusip>
    <inf:isin>KYG607441022</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>TO DECLARE A FINAL DIVIDEND OF HKD0.251 PER SHARE FOR THE YEAR ENDED DECEMBER 31, 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MGM CHINA HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G60744102</inf:cusip>
    <inf:isin>KYG607441022</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT MR. KENNETH XIAOFENG FENG AS AN EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MGM CHINA HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G60744102</inf:cusip>
    <inf:isin>KYG607441022</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT MR. DANIEL J. TAYLOR AS A NON-EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MGM CHINA HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G60744102</inf:cusip>
    <inf:isin>KYG607441022</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT MR. RUSSELL FRANCIS BANHAM AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MGM CHINA HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G60744102</inf:cusip>
    <inf:isin>KYG607441022</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT MR. SIMON MENG AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MGM CHINA HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G60744102</inf:cusip>
    <inf:isin>KYG607441022</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>TO AUTHORIZE THE BOARD OF DIRECTORS (THE BOARD) TO FIX THE REMUNERATION OF THE DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MGM CHINA HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G60744102</inf:cusip>
    <inf:isin>KYG607441022</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT MESSRS. DELOITTE TOUCHE TOHMATSU AS THE INDEPENDENT AUDITOR OF THE COMPANY AND TO AUTHORIZE THE BOARD OF DIRECTORS OF THE COMPANY TO FIX THEIR REMUNERATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MGM CHINA HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G60744102</inf:cusip>
    <inf:isin>KYG607441022</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>TO GRANT A GENERAL MANDATE TO THE DIRECTORS TO ISSUE, ALLOT AND DEAL WITH ADDITIONAL SHARES (INCLUDING ANY SALE OR TRANSFER OF TREASURY SHARES OUT OF TREASURY) OF THE COMPANY NOT EXCEEDING 20% OF THE TOTAL NUMBER OF ISSUED SHARES (EXCLUDING ANY TREASURY SHARES) AT THE DATE OF PASSING THIS RESOLUTION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MGM CHINA HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G60744102</inf:cusip>
    <inf:isin>KYG607441022</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>TO GRANT A GENERAL MANDATE TO THE DIRECTORS TO REPURCHASE SHARES OF THE COMPANY NOT EXCEEDING 10% OF THE TOTAL NUMBER OF ISSUED SHARES (EXCLUDING ANY TREASURY SHARES) AT THE DATE OF PASSING THIS RESOLUTION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MGM CHINA HOLDINGS LTD</inf:issuerName>
    <inf:cusip>G60744102</inf:cusip>
    <inf:isin>KYG607441022</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>TO ADD THE TOTAL NUMBER OF THE SHARES WHICH ARE REPURCHASED UNDER THE GENERAL MANDATE IN RESOLUTION (6) TO THE TOTAL NUMBER OF THE SHARES (EXCLUDING ANY TREASURY SHARES) WHICH MAY BE ISSUED UNDER THE GENERAL MANDATE IN RESOLUTION (5)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VERIZON COMMUNICATIONS INC.</inf:issuerName>
    <inf:cusip>92343V104</inf:cusip>
    <inf:isin>US92343V1044</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Shellye Archambeau</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VERIZON COMMUNICATIONS INC.</inf:issuerName>
    <inf:cusip>92343V104</inf:cusip>
    <inf:isin>US92343V1044</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Roxanne Austin</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VERIZON COMMUNICATIONS INC.</inf:issuerName>
    <inf:cusip>92343V104</inf:cusip>
    <inf:isin>US92343V1044</inf:isin>
    <inf:meetingDate>05/22/2025</inf:meetingDate>
    <inf:voteDescription>Election of Director: Mark Bertolini</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>VERIZON COMMUNICATIONS INC.</inf:issuerName>
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    <inf:issuerName>VERIZON COMMUNICATIONS INC.</inf:issuerName>
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    <inf:issuerName>VERIZON COMMUNICATIONS INC.</inf:issuerName>
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    <inf:issuerName>VERIZON COMMUNICATIONS INC.</inf:issuerName>
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      <inf:voteCategory>
        <inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:voteDescription>Election of Director to hold office until our next annual meeting of shareholders or until their successors have been elected and qualified: Ann D. Dozier</inf:voteDescription>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:issuerName>GOLDEN ENTERTAINMENT, INC.</inf:issuerName>
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    <inf:voteDescription>To conduct a non-binding advisory vote on the frequency of holding future non-binding advisory votes on the compensation of our named executive officers (the &#34;Say on Frequency Proposal&#34;).</inf:voteDescription>
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        <inf:howVoted>1 Year</inf:howVoted>
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    <inf:issuerName>GOLDEN ENTERTAINMENT, INC.</inf:issuerName>
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    <inf:voteDescription>To approve the amendment and restatement of the Golden Entertainment, Inc. 2015 Incentive Award Plan.</inf:voteDescription>
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    <inf:issuerName>GOLDEN ENTERTAINMENT, INC.</inf:issuerName>
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    <inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as our independent registered public accounting firm for the year ending December 31, 2025.</inf:voteDescription>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:issuerName>TELEPHONE AND DATA SYSTEMS, INC.</inf:issuerName>
    <inf:cusip>879433829</inf:cusip>
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        <inf:howVoted>WITHHOLD</inf:howVoted>
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    <inf:issuerName>TELEPHONE AND DATA SYSTEMS, INC.</inf:issuerName>
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        <inf:howVoted>WITHHOLD</inf:howVoted>
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    <inf:issuerName>TELEPHONE AND DATA SYSTEMS, INC.</inf:issuerName>
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    <inf:voteDescription>A shareholder proposal regarding Bitcoin treasury assessment.</inf:voteDescription>
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    <inf:voteDescription>TO GRANT A GENERAL MANDATE TO DIRECTORS TO ALLOT, ISSUE AND DEAL WITH 10% ADDITIONAL SHARES, AND THE DISCOUNT FOR ANY SHARES TO BE ISSUED SHALL NOT EXCEED 10%</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>15000</inf:sharesVoted>
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    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>TELEVISION BROADCASTS LTD</inf:issuerName>
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    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>15000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
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    <inf:isin>HK0000139300</inf:isin>
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    <inf:voteDescription>TO EXTEND THE BOOK CLOSE PERIOD FROM 30 DAYS TO 60 DAYS</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
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    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>15000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
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    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTRAVISION COMMUNICATIONS CORPORATION</inf:issuerName>
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    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
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    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTRAVISION COMMUNICATIONS CORPORATION</inf:issuerName>
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    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTRAVISION COMMUNICATIONS CORPORATION</inf:issuerName>
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    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTRAVISION COMMUNICATIONS CORPORATION</inf:issuerName>
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    <inf:meetingDate>05/29/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTRAVISION COMMUNICATIONS CORPORATION</inf:issuerName>
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    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTRAVISION COMMUNICATIONS CORPORATION</inf:issuerName>
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    <inf:isin>US29382R1077</inf:isin>
    <inf:meetingDate>05/29/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTRAVISION COMMUNICATIONS CORPORATION</inf:issuerName>
    <inf:cusip>29382R107</inf:cusip>
    <inf:isin>US29382R1077</inf:isin>
    <inf:meetingDate>05/29/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ENTRAVISION COMMUNICATIONS CORPORATION</inf:issuerName>
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    <inf:isin>US29382R1077</inf:isin>
    <inf:meetingDate>05/29/2025</inf:meetingDate>
    <inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>ENTRAVISION COMMUNICATIONS CORPORATION</inf:issuerName>
    <inf:cusip>29382R107</inf:cusip>
    <inf:isin>US29382R1077</inf:isin>
    <inf:meetingDate>05/29/2025</inf:meetingDate>
    <inf:voteDescription>To approve, on an advisory, non-binding basis, the compensation of the Company's named executive officers.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
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    <inf:sharesVoted>100000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>100000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>CLEAR CHANNEL OUTDOOR HOLDINGS, INC.</inf:issuerName>
    <inf:cusip>18453H106</inf:cusip>
    <inf:isin>US18453H1068</inf:isin>
    <inf:meetingDate>05/29/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>185000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>WITHHOLD</inf:howVoted>
        <inf:sharesVoted>185000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>CLEAR CHANNEL OUTDOOR HOLDINGS, INC.</inf:issuerName>
    <inf:cusip>18453H106</inf:cusip>
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    <inf:voteDescription>DIRECTOR</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>185000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>WITHHOLD</inf:howVoted>
        <inf:sharesVoted>185000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>CLEAR CHANNEL OUTDOOR HOLDINGS, INC.</inf:issuerName>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>185000</inf:sharesVoted>
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        <inf:howVoted>WITHHOLD</inf:howVoted>
        <inf:sharesVoted>185000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    <inf:issuerName>CLEAR CHANNEL OUTDOOR HOLDINGS, INC.</inf:issuerName>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>185000</inf:sharesVoted>
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    <inf:issuerName>CLEAR CHANNEL OUTDOOR HOLDINGS, INC.</inf:issuerName>
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        <inf:howVoted>WITHHOLD</inf:howVoted>
        <inf:sharesVoted>185000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    <inf:issuerName>CLEAR CHANNEL OUTDOOR HOLDINGS, INC.</inf:issuerName>
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        <inf:howVoted>WITHHOLD</inf:howVoted>
        <inf:sharesVoted>185000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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        <inf:howVoted>WITHHOLD</inf:howVoted>
        <inf:sharesVoted>185000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    <inf:issuerName>CLEAR CHANNEL OUTDOOR HOLDINGS, INC.</inf:issuerName>
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        <inf:howVoted>WITHHOLD</inf:howVoted>
        <inf:sharesVoted>185000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    <inf:issuerName>CLEAR CHANNEL OUTDOOR HOLDINGS, INC.</inf:issuerName>
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        <inf:sharesVoted>185000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:isin>AT0000720008</inf:isin>
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    <inf:issuerName>TELEKOM AUSTRIA AG</inf:issuerName>
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    <inf:issuerName>TELEKOM AUSTRIA AG</inf:issuerName>
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    <inf:issuerName>TELEKOM AUSTRIA AG</inf:issuerName>
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    <inf:voteDescription>ELECTION OF DANIELA LECUONA TORRAS</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:issuerName>TELEKOM AUSTRIA AG</inf:issuerName>
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    <inf:voteDescription>ELECTION OF ALEJANDRO CANTU JIMENEZ</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:issuerName>TELEKOM AUSTRIA AG</inf:issuerName>
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    <inf:issuerName>TELEKOM AUSTRIA AG</inf:issuerName>
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    <inf:issuerName>TELEKOM AUSTRIA AG</inf:issuerName>
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        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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    <inf:issuerName>STROEER SE &amp; CO. KGAA</inf:issuerName>
    <inf:cusip>D8169G100</inf:cusip>
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    <inf:voteDescription>ACCEPT FINANCIAL STATEMENTS AND STATUTORY REPORTS FOR FISCAL YEAR 2024</inf:voteDescription>
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    <inf:sharesVoted>4000</inf:sharesVoted>
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        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:sharesVoted>4000</inf:sharesVoted>
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  <inf:proxyTable>
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    <inf:voteDescription>ELECT HANS KULARTZ TO THE SUPERVISORY BOARD</inf:voteDescription>
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        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
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    <inf:sharesVoted>4000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
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    <inf:voteDescription>APPROVE REMUNERATION POLICY</inf:voteDescription>
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        <inf:categoryType>COMPENSATION</inf:categoryType>
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    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF MAG. ANA SIMIC</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>34000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>EUROTELESITES AG</inf:issuerName>
    <inf:cusip>A2R88Q103</inf:cusip>
    <inf:isin>AT000000ETS9</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF OSCAR VON HAUSKE SOLIS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>34000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>EUROTELESITES AG</inf:issuerName>
    <inf:cusip>A2R88Q103</inf:cusip>
    <inf:isin>AT000000ETS9</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>AMENDMENT OF ARTICLE PAR. 13</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>34000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>EUROTELESITES AG</inf:issuerName>
    <inf:cusip>A2R88Q103</inf:cusip>
    <inf:isin>AT000000ETS9</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>AMENDMENT OF ARTICLE PAR. 15</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>34000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>EUROTELESITES AG</inf:issuerName>
    <inf:cusip>A2R88Q103</inf:cusip>
    <inf:isin>AT000000ETS9</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>AMENDMENT OF ARTICLE PAR. 18</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>34000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MALAYSIAN RESOURCES CORP BHD MRCB</inf:issuerName>
    <inf:cusip>Y57177100</inf:cusip>
    <inf:isin>MYL1651OO008</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT DATUK RASHIDAH MOHD SIES WHO RETIRES PURSUANT TO ARTICLE 106 OF THE CONSTITUTION OF THE COMPANY AND BEING ELIGIBLE, HAS OFFERED HERSELF FOR RE-ELECTION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MALAYSIAN RESOURCES CORP BHD MRCB</inf:issuerName>
    <inf:cusip>Y57177100</inf:cusip>
    <inf:isin>MYL1651OO008</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT THE FOLLOWING DIRECTOR WHO RETIRE BY ROTATION PURSUANT TO ARTICLES 101 AND 102 OF THE CONSTITUTION OF THE COMPANY AND BEING ELIGIBLE HAVE OFFERED THEMSELVES FOR RE-ELECTION: MOHAMAD HAFIZ KASSIM</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MALAYSIAN RESOURCES CORP BHD MRCB</inf:issuerName>
    <inf:cusip>Y57177100</inf:cusip>
    <inf:isin>MYL1651OO008</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-ELECT THE FOLLOWING DIRECTOR WHO RETIRE BY ROTATION PURSUANT TO ARTICLES 101 AND 102 OF THE CONSTITUTION OF THE COMPANY AND BEING ELIGIBLE HAVE OFFERED THEMSELVES FOR RE-ELECTION: LIM FEN NEE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MALAYSIAN RESOURCES CORP BHD MRCB</inf:issuerName>
    <inf:cusip>Y57177100</inf:cusip>
    <inf:isin>MYL1651OO008</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE PAYMENT OF RM82,787 TO DATUK RASHIDAH MOHD SIES AS DIRECTOR'S FEE FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MALAYSIAN RESOURCES CORP BHD MRCB</inf:issuerName>
    <inf:cusip>Y57177100</inf:cusip>
    <inf:isin>MYL1651OO008</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE PAYMENT OF DIRECTORS' FEES TO THE FOLLOWING DIRECTOR FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2025: RM200,000 FOR DATO' MOHAMAD NASIR AB LATIF</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MALAYSIAN RESOURCES CORP BHD MRCB</inf:issuerName>
    <inf:cusip>Y57177100</inf:cusip>
    <inf:isin>MYL1651OO008</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE PAYMENT OF DIRECTORS' FEES TO THE FOLLOWING DIRECTOR FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2025: RM150,000 FOR MOHAMAD HAFIZ KASSIM</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MALAYSIAN RESOURCES CORP BHD MRCB</inf:issuerName>
    <inf:cusip>Y57177100</inf:cusip>
    <inf:isin>MYL1651OO008</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE PAYMENT OF DIRECTORS' FEES TO THE FOLLOWING DIRECTOR FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2025: RM150,000 FOR DATO' WAN KAMARUZAMAN WAN AHMAD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MALAYSIAN RESOURCES CORP BHD MRCB</inf:issuerName>
    <inf:cusip>Y57177100</inf:cusip>
    <inf:isin>MYL1651OO008</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE PAYMENT OF DIRECTORS' FEES TO THE FOLLOWING DIRECTOR FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2025: RM150,000 FOR DATO' DR JUNAIDAH KAMARRUDDIN</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MALAYSIAN RESOURCES CORP BHD MRCB</inf:issuerName>
    <inf:cusip>Y57177100</inf:cusip>
    <inf:isin>MYL1651OO008</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE PAYMENT OF DIRECTORS' FEES TO THE FOLLOWING DIRECTOR FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2025: RM150,000 FOR LIM FEN NEE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MALAYSIAN RESOURCES CORP BHD MRCB</inf:issuerName>
    <inf:cusip>Y57177100</inf:cusip>
    <inf:isin>MYL1651OO008</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE PAYMENT OF DIRECTORS' FEES TO THE FOLLOWING DIRECTOR FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2025: RM150,000 FOR DATUK RASHIDAH MOHD SIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MALAYSIAN RESOURCES CORP BHD MRCB</inf:issuerName>
    <inf:cusip>Y57177100</inf:cusip>
    <inf:isin>MYL1651OO008</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE BENEFITS EXTENDED TO THE NON-EXECUTIVE DIRECTORS OF THE COMPANY AS DETAILED OUT IN NOTE 5 OF THE EXPLANATORY NOTES, FROM 5 JUNE 2025 UNTIL THE NEXT AGM OF THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MALAYSIAN RESOURCES CORP BHD MRCB</inf:issuerName>
    <inf:cusip>Y57177100</inf:cusip>
    <inf:isin>MYL1651OO008</inf:isin>
    <inf:meetingDate>06/04/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT MESSRS. PRICEWATERHOUSECOOPERS PLT AS AUDITORS OF THE COMPANY FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2025 AND TO AUTHORISE THE DIRECTORS TO FIX THEIR REMUNERATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>8000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>8000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMC NETWORKS INC</inf:issuerName>
    <inf:cusip>00164V103</inf:cusip>
    <inf:isin>US00164V1035</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>23000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>23000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMC NETWORKS INC</inf:issuerName>
    <inf:cusip>00164V103</inf:cusip>
    <inf:isin>US00164V1035</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>23000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>23000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMC NETWORKS INC</inf:issuerName>
    <inf:cusip>00164V103</inf:cusip>
    <inf:isin>US00164V1035</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>23000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>23000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMC NETWORKS INC</inf:issuerName>
    <inf:cusip>00164V103</inf:cusip>
    <inf:isin>US00164V1035</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>23000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>23000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMC NETWORKS INC</inf:issuerName>
    <inf:cusip>00164V103</inf:cusip>
    <inf:isin>US00164V1035</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>23000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>23000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMC NETWORKS INC</inf:issuerName>
    <inf:cusip>00164V103</inf:cusip>
    <inf:isin>US00164V1035</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>Ratification of the appointment of KPMG LLP as our independent registered public accounting firm for 2025</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>23000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>23000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>AMC NETWORKS INC</inf:issuerName>
    <inf:cusip>00164V103</inf:cusip>
    <inf:isin>US00164V1035</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>Advisory vote on Named Executive Officer compensation</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>23000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:issuerName>NETFLIX, INC.</inf:issuerName>
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    <inf:isin>US64110L1061</inf:isin>
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      <inf:voteCategory>
        <inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType>
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    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
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      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>5200</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    <inf:issuerName>NETFLIX, INC.</inf:issuerName>
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    <inf:isin>US64110L1061</inf:isin>
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    <inf:voteDescription>Stockholder proposal entitled, &#34;Proposal 5 - Proposal that Won 45% NFLX Shareholder Support,&#34; if properly presented at the meeting.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
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    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
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      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>5200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:issuerName>NETFLIX, INC.</inf:issuerName>
    <inf:cusip>64110L106</inf:cusip>
    <inf:isin>US64110L1061</inf:isin>
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    <inf:voteDescription>Stockholder proposal entitled, &#34;Amend the Code of Ethics to enhance policies on non-discrimination, anti-harassment, and whistleblower protection,&#34; if properly presented at the meeting.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE</inf:categoryType>
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    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
    <inf:sharesVoted>5200</inf:sharesVoted>
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      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>5200</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    <inf:issuerName>NETFLIX, INC.</inf:issuerName>
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    <inf:isin>US64110L1061</inf:isin>
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    <inf:voteDescription>Stockholder proposal entitled, &#34;Affirmative Action Risks,&#34; if properly presented at the meeting.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
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    <inf:vote>
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        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>5200</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>NETFLIX, INC.</inf:issuerName>
    <inf:cusip>64110L106</inf:cusip>
    <inf:isin>US64110L1061</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>Stockholder proposal entitled, &#34;Report on Charitable Giving,&#34; if properly presented at the meeting.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>5200</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR - JOHN BRYANT</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
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    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR - PETER JACKSON</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR - ROBERT (DOB) BENNETT</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR - NANCY CRUICKSHANK</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR - NANCY DUBUC</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR - ALFRED F. HURLEY, JR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR - HOLLY KELLER KOEPPEL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR - CAROLAN LENNON</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR - CHRISTINE M. MCCARTHY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS DISCLOSED IN THIS PROXY STATEMENT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
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    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
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    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL, ON AN ADVISORY BASIS, OF THE FREQUENCY (EVERY ONE, TWO OR THREE YEARS) OF ADVISORY VOTES TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.: PLEASE VOTE &#34;FOR&#34; ON THIS RESOLUTION TO APPROVE EVERY YEAR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL, ON AN ADVISORY BASIS, OF THE FREQUENCY (EVERY ONE, TWO OR THREE YEARS) OF ADVISORY VOTES TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.: PLEASE VOTE &#34;FOR&#34; ON THIS RESOLUTION TO APPROVE EVERY 2 YEARS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL, ON AN ADVISORY BASIS, OF THE FREQUENCY (EVERY ONE, TWO OR THREE YEARS) OF ADVISORY VOTES TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.: PLEASE VOTE &#34;FOR&#34; ON THIS RESOLUTION TO APPROVE EVERY 3 YEARS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL, ON AN ADVISORY BASIS, OF THE FREQUENCY (EVERY ONE, TWO OR THREE YEARS) OF ADVISORY VOTES TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS: PLEASE VOTE &#34;FOR&#34; ON THIS RESOLUTION TO APPROVE ABSTAIN</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE FLUTTER ENTERTAINMENT PLC AMENDED AND RESTATED 2024 OMNIBUS EQUITY INCENTIVE PLAN</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE FLUTTER ENTERTAINMENT PLC 2025 EMPLOYEE SHARE PURCHASE PLAN</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>APPROVAL OF THE FLUTTER ENTERTAINMENT PLC SHARESAVE SCHEME (AS AMENDED AND RESTATED)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>RATIFY, IN A NON-BINDING VOTE, THE APPOINTMENT OF KPMG AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM AND AUDITORS OF THE COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>TO AUTHORIZE, IN A BINDING VOTE, THE BOARD TO FIX THE COMPENSATION OF KPMG</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>RENEWAL OF THE ANNUAL AUTHORITY OF THE BOARD TO ISSUE SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>FLUTTER ENTERTAINMENT PLC</inf:issuerName>
    <inf:cusip>G3643J108</inf:cusip>
    <inf:isin>IE00BWT6H894</inf:isin>
    <inf:meetingDate>06/05/2025</inf:meetingDate>
    <inf:voteDescription>RENEWAL OF THE ANNUAL AUTHORITY OF THE BOARD TO ISSUE SHARES FOR CASH WITHOUT FIRST OFFERING SHARES TO EXISTING SHAREHOLDERS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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    <inf:voteDescription>TO RE-ELECT DR. SHUM HEUNG YEUNG HARRY AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR</inf:voteDescription>
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    <inf:voteDescription>TO AUTHORIZE THE BOARD OF DIRECTORS (BOARD) TO FIX THE REMUNERATION OF THE DIRECTORS</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>250</inf:sharesVoted>
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    <inf:voteDescription>TO GRANT A GENERAL MANDATE TO THE DIRECTORS, EXERCISABLE ON THEIR BEHALF BY MR. WANG XING, TO REPURCHASE SHARES OF THE COMPANY NOT EXCEEDING 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING ANY TREASURY SHARES) AS AT THE DATE OF PASSING OF THIS RESOLUTION</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:isin>KYG596691041</inf:isin>
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    <inf:voteDescription>TO RE-APPOINT PRICEWATERHOUSECOOPERS AS AUDITOR OF THE COMPANY TO HOLD OFFICE UNTIL THE CONCLUSION OF THE NEXT ANNUAL GENERAL MEETING OF THE COMPANY AND TO AUTHORIZE THE BOARD TO FIX THEIR REMUNERATION FOR THE YEAR ENDING DECEMBER 31, 2025</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>250</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:issuerName>MEITUAN</inf:issuerName>
    <inf:cusip>G59669104</inf:cusip>
    <inf:isin>KYG596691041</inf:isin>
    <inf:meetingDate>06/09/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE PROPOSED AMENDMENTS TO THE EXISTING ARTICLES OF ASSOCIATION OF THE COMPANY AND TO ADOPT THE NINTH AMENDED AND RESTATED MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION OF THE COMPANY AND THE ANCILLARY AUTHORIZATION TO THE DIRECTORS AND COMPANY SECRETARY OF THE COMPANY</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>250</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>MADISON SQUARE GARDEN SPORTS CORP.</inf:issuerName>
    <inf:cusip>55825T103</inf:cusip>
    <inf:isin>US55825T1034</inf:isin>
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    <inf:voteDescription>Approval of the redomestication of the Company to the State of Nevada by conversion.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:sharesVoted>27200</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>27200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>PLDT INC.</inf:issuerName>
    <inf:cusip>69344D408</inf:cusip>
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    <inf:voteDescription>Approval of the audited financial statements for the fiscal year ending December 31, 2024 contained in the Company's 2024 Annual Report.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>22000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>PLDT INC.</inf:issuerName>
    <inf:cusip>69344D408</inf:cusip>
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        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:issuerName>PLDT INC.</inf:issuerName>
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    <inf:issuerName>PLDT INC.</inf:issuerName>
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    <inf:issuerName>PLDT INC.</inf:issuerName>
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    <inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription>
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    <inf:issuerName>CAESARS ENTERTAINMENT, INC.</inf:issuerName>
    <inf:cusip>12769G100</inf:cusip>
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    <inf:voteDescription>ELECTION OF DIRECTOR: Kim Harris Jones</inf:voteDescription>
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    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>DUOLINGO, INC.</inf:issuerName>
    <inf:cusip>26603R106</inf:cusip>
    <inf:isin>US26603R1068</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>DUOLINGO, INC.</inf:issuerName>
    <inf:cusip>26603R106</inf:cusip>
    <inf:isin>US26603R1068</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>DUOLINGO, INC.</inf:issuerName>
    <inf:cusip>26603R106</inf:cusip>
    <inf:isin>US26603R1068</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>DUOLINGO, INC.</inf:issuerName>
    <inf:cusip>26603R106</inf:cusip>
    <inf:isin>US26603R1068</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>DUOLINGO, INC.</inf:issuerName>
    <inf:cusip>26603R106</inf:cusip>
    <inf:isin>US26603R1068</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>To approve, on an advisory (non-binding) basis, the compensation of the Company's named executive officers.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>500</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ROKU, INC.</inf:issuerName>
    <inf:cusip>77543R102</inf:cusip>
    <inf:isin>US77543R1023</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>Election of Class II Director to serve until the 2028 Annual Meeting of Stockholders: Jeffrey Blackburn</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ROKU, INC.</inf:issuerName>
    <inf:cusip>77543R102</inf:cusip>
    <inf:isin>US77543R1023</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>Election of Class II Director to serve until the 2028 Annual Meeting of Stockholders: Gina Luna</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ROKU, INC.</inf:issuerName>
    <inf:cusip>77543R102</inf:cusip>
    <inf:isin>US77543R1023</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>Election of Class II Director to serve until the 2028 Annual Meeting of Stockholders: Ray Rothrock</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ROKU, INC.</inf:issuerName>
    <inf:cusip>77543R102</inf:cusip>
    <inf:isin>US77543R1023</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>Advisory vote to approve our named executive officer compensation.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ROKU, INC.</inf:issuerName>
    <inf:cusip>77543R102</inf:cusip>
    <inf:isin>US77543R1023</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>Advisory vote to approve the frequency of future advisory votes on our named executive officer compensation.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>1 Year</inf:howVoted>
        <inf:sharesVoted>2200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ROKU, INC.</inf:issuerName>
    <inf:cusip>77543R102</inf:cusip>
    <inf:isin>US77543R1023</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>To ratify the selection of Deloitte &amp; Touche LLP as our independent registered public accounting firm for the year ending December 31, 2025.</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>2200</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>2200</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
    <inf:cusip>02156K103</inf:cusip>
    <inf:isin>US02156K1034</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: PATRICK DRAHI</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
    <inf:cusip>02156K103</inf:cusip>
    <inf:isin>US02156K1034</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: DAVID DRAHI</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
    <inf:cusip>02156K103</inf:cusip>
    <inf:isin>US02156K1034</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: DEXTER GOEI</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
    <inf:cusip>02156K103</inf:cusip>
    <inf:isin>US02156K1034</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: DENNIS MATHEW</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
    <inf:cusip>02156K103</inf:cusip>
    <inf:isin>US02156K1034</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: MARK MULLEN</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
    <inf:cusip>02156K103</inf:cusip>
    <inf:isin>US02156K1034</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: DENNIS OKHUIJSEN</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
    <inf:cusip>02156K103</inf:cusip>
    <inf:isin>US02156K1034</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: SUSAN SCHNABEL</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
    <inf:cusip>02156K103</inf:cusip>
    <inf:isin>US02156K1034</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: CHARLES STEWART</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
    <inf:cusip>02156K103</inf:cusip>
    <inf:isin>US02156K1034</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>ELECTION OF DIRECTOR: RAYMOND SVIDER</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
    <inf:cusip>02156K103</inf:cusip>
    <inf:isin>US02156K1034</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>TO RATIFY THE APPOINTMENT OF THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2025</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
    <inf:cusip>02156K103</inf:cusip>
    <inf:isin>US02156K1034</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE, IN AN ADVISORY VOTE, THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
    <inf:cusip>02156K103</inf:cusip>
    <inf:isin>US02156K1034</inf:isin>
    <inf:meetingDate>06/11/2025</inf:meetingDate>
    <inf:voteDescription>TO RECOMMEND, BY NON-BINDING ADVISORY VOTE, THE FREQUENCY OF EXECUTIVE COMPENSATION VOTES: PLEASE VOTE ON THIS RESOLUTION TO APPROVE 3 YEAR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>1000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>1000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>ALTICE USA INC</inf:issuerName>
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        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>104000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>COMCAST CORPORATION</inf:issuerName>
    <inf:cusip>20030N101</inf:cusip>
    <inf:isin>US20030N1019</inf:isin>
    <inf:meetingDate>06/18/2025</inf:meetingDate>
    <inf:voteDescription>Adopt policy for an independent chair</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
    <inf:sharesVoted>104000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>104000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>06/18/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE CONVERSION OF THE COMPANY INTO A PUBLIC LIMITED COMPANY</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>06/18/2025</inf:meetingDate>
    <inf:voteDescription>AMEND ARTICLES OF ASSOCIATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>06/18/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE FILING OF REQUIRED DOCUMENTS AND OTHER FORMALITIES EXTRAORDINARY BUSINESS (ORDINARY BASIS)</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>06/18/2025</inf:meetingDate>
    <inf:voteDescription>APPROVE TERMINATION OF THE FUNCTIONS OF THE SUPERVISORY BOARD MEMBERS AND OF THE MEMBERS OF THE MANAGEMENT BOARD</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>06/18/2025</inf:meetingDate>
    <inf:voteDescription>ELECT DIRECTORS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>MAROC TELECOM SA</inf:issuerName>
    <inf:cusip>V5721T117</inf:cusip>
    <inf:isin>MA0000011488</inf:isin>
    <inf:meetingDate>06/18/2025</inf:meetingDate>
    <inf:voteDescription>AUTHORIZE FILING OF REQUIRED DOCUMENTS AND OTHER FORMALITIES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>5000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO APPOINT MARIA KYRIACOU AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO APPOINT CATHERINE LEVENE AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT JOHN RISHTON AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT STEPHEN A. CARTER CBEAS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT LOUISE SMALLEY AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT GARETH WRIGHT AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT GILL WHITEHEAD AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT PATRICK MARTELL AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT JOANNE WILSON AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT ZHENG YIN AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT ANDY RANSOM AS A DIRECTOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO RECEIVE THE ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE THE DIRECTORS' REMUNERATION REPORT</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO APPROVE A FINAL DIVIDEND OF 13.6 PENCE PER SHARE</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO RE-APPOINT PRICEWATERHOUSECOOPERS LLP AS AUDITOR</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO AUTHORISE THE AUDIT COMMITTEE, FOR AND ON BEHALF OF THE BOARD, TO SET THE AUDITORS' REMUNERATION</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO GIVE AUTHORITY TO MAKE POLITICAL DONATIONS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO GIVE AUTHORITY TO ALLOT SHARES</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO GIVE GENERAL POWER TO DISAPPLY PRE-EMPTION RIGHTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>ABSTAIN</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO GIVE ADDITIONAL POWER TO DISAPPLY PRE-EMPTION RIGHTS FOR ACQUISITIONS OR CAPITAL INVESTMENTS</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
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  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
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    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO GIVE AUTHORITY TO PURCHASE THE COMPANY'S SHARES</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>INFORMA PLC</inf:issuerName>
    <inf:cusip>G4770L106</inf:cusip>
    <inf:isin>GB00BMJ6DW54</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>TO AUTHORISE CALLING GENERAL MEETINGS, OTHER THAN ANNUAL GENERAL MEETINGS, ON NOT LESS THAN 14 CLEAR DAYS' NOTICE</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>14000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>14000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
    <inf:cusip>J59396101</inf:cusip>
    <inf:isin>JP3735400008</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Approve Appropriation of Surplus</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>500000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
    <inf:cusip>J59396101</inf:cusip>
    <inf:isin>JP3735400008</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Amend Articles to: Amend Official Company Name, Increase the Board of Directors Size, Transition to a Company with Supervisory Committee, Allow the Board of Directors to Authorize Appropriation of Surplus and Purchase Own Shares, Approve Minor Revisions</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>500000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
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    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Sawada, Jun</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:sharesVoted>500000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
    <inf:cusip>J59396101</inf:cusip>
    <inf:isin>JP3735400008</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Shimada, Akira</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>500000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
    <inf:cusip>J59396101</inf:cusip>
    <inf:isin>JP3735400008</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Hiroi, Takashi</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>500000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
    <inf:cusip>J59396101</inf:cusip>
    <inf:isin>JP3735400008</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Hoshino, Riaki</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:sharesVoted>500000</inf:sharesVoted>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
    <inf:cusip>J59396101</inf:cusip>
    <inf:isin>JP3735400008</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Onishi, Sachiko</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>500000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
    <inf:cusip>J59396101</inf:cusip>
    <inf:isin>JP3735400008</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Patrizio Mapelli</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>500000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>500000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
    <inf:cusip>J59396101</inf:cusip>
    <inf:isin>JP3735400008</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Sakamura, Ken</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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        <inf:sharesVoted>500000</inf:sharesVoted>
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  <inf:proxyTable>
    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
    <inf:cusip>J59396101</inf:cusip>
    <inf:isin>JP3735400008</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Uchinaga, Yukako</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
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    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Watanabe, Koichiro</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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  <inf:proxyTable>
    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
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    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Endo, Noriko</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Takei, Natsuko</inf:voteDescription>
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      <inf:voteCategory>
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    <inf:vote>
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    <inf:voteDescription>Appoint a Director who is Audit and Supervisory Committee Member Yanagi, Keiichiro</inf:voteDescription>
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      <inf:voteCategory>
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    <inf:vote>
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      <inf:voteCategory>
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      <inf:voteCategory>
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      <inf:voteCategory>
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    <inf:isin>JP3735400008</inf:isin>
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    <inf:voteDescription>Appoint a Director who is Audit and Supervisory Committee Member Kashima, Kaoru</inf:voteDescription>
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      <inf:voteCategory>
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    <inf:vote>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>NIPPON TELEGRAPH AND TELEPHONE CORPORATION</inf:issuerName>
    <inf:cusip>J59396101</inf:cusip>
    <inf:isin>JP3735400008</inf:isin>
    <inf:meetingDate>06/19/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Substitute Director who is Audit and Supervisory Committee Member Takei, Natsuko</inf:voteDescription>
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      <inf:voteCategory>
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    <inf:vote>
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    <inf:voteDescription>Appoint a Director Yonekura, Eiichi</inf:voteDescription>
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    <inf:voteDescription>Appoint a Director Nakagawa, Daisuke</inf:voteDescription>
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    <inf:voteDescription>Appoint a Director Yamashita, Teruo</inf:voteDescription>
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    <inf:voteDescription>Appoint a Director Oga, Kimiko</inf:voteDescription>
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    <inf:voteDescription>Appoint a Director Oho, Hiroyuki</inf:voteDescription>
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    <inf:voteDescription>Appoint a Director Aoki, Setsuko</inf:voteDescription>
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    <inf:voteDescription>Appoint a Director Toyota, Katashi</inf:voteDescription>
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    <inf:voteDescription>Appoint a Director Horiuchi, Masato</inf:voteDescription>
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        <inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType>
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    <inf:voteDescription>ELECTION OF DIRECTOR: Gordon H. Smith (For Class A Common Stockholders)</inf:voteDescription>
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    <inf:voteDescription>ELECTION OF DIRECTOR: Caroline Beasley (For All Classes of Common Stockholders)</inf:voteDescription>
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    <inf:voteDescription>ELECTION OF DIRECTOR: Peter A. Bordes, Jr. (For All Classes of Common Stockholders)</inf:voteDescription>
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    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Abdullah Aldawood</inf:voteDescription>
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    <inf:voteDescription>Appoint a Director who is not Audit and Supervisory Committee Member Tracy Fullerton</inf:voteDescription>
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    <inf:voteDescription>Appoint a Director Abe, Ryujiro</inf:voteDescription>
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    <inf:voteDescription>Approve Details of the Restricted-Stock Compensation to be received by Outside Directors</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:issuerName>TBS HOLDINGS,INC.</inf:issuerName>
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    <inf:voteDescription>Approve Details of the Compensation to be received by Corporate Auditors</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>COMPENSATION</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
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        <inf:howVoted>FOR</inf:howVoted>
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    <inf:issuerName>TBS HOLDINGS,INC.</inf:issuerName>
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    <inf:voteDescription>Approve Disposal of Own Shares to a Third Party or Third Parties</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>33000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>TBS HOLDINGS,INC.</inf:issuerName>
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    <inf:voteDescription>Shareholder Proposal: Approve Appropriation of Surplus</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
    </inf:voteCategories>
    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
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        <inf:howVoted>AGAINST</inf:howVoted>
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  <inf:proxyTable>
    <inf:issuerName>TBS HOLDINGS,INC.</inf:issuerName>
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    <inf:isin>JP3588600001</inf:isin>
    <inf:meetingDate>06/27/2025</inf:meetingDate>
    <inf:voteDescription>Shareholder Proposal: Approve Purchase of Own Shares</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>CAPITAL STRUCTURE</inf:categoryType>
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    <inf:voteSource>SECURITY HOLDER</inf:voteSource>
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        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>33000</inf:sharesVoted>
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  <inf:proxyTable>
    <inf:issuerName>TENCENT MUSIC ENTERTAINMENT GROUP</inf:issuerName>
    <inf:cusip>88034P109</inf:cusip>
    <inf:isin>US88034P1093</inf:isin>
    <inf:meetingDate>06/27/2025</inf:meetingDate>
    <inf:voteDescription>As an ordinary resolution: to confirm and approve the re-appointment of PricewaterhouseCoopers as the Auditor of the Company for 2025 and to authorize the Audit committee of the Board of Directors of the Company to fix the Auditor's remuneration.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>AUDIT-RELATED</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>93000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>TENCENT MUSIC ENTERTAINMENT GROUP</inf:issuerName>
    <inf:cusip>88034P109</inf:cusip>
    <inf:isin>US88034P1093</inf:isin>
    <inf:meetingDate>06/27/2025</inf:meetingDate>
    <inf:voteDescription>As an ordinary resolution: to re-elect Mr. Wai Yip Tsang as a director of the Company.</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>93000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHUBU-NIPPON BROADCASTING CO.,LTD.</inf:issuerName>
    <inf:cusip>J06594105</inf:cusip>
    <inf:isin>JP3527000008</inf:isin>
    <inf:meetingDate>06/27/2025</inf:meetingDate>
    <inf:voteDescription>Approve Appropriation of Surplus</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>6000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>6000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>CHUBU-NIPPON BROADCASTING CO.,LTD.</inf:issuerName>
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    <inf:isin>JP3527000008</inf:isin>
    <inf:meetingDate>06/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director Sugiura, Masaki</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>6000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>6000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>CHUBU-NIPPON BROADCASTING CO.,LTD.</inf:issuerName>
    <inf:cusip>J06594105</inf:cusip>
    <inf:isin>JP3527000008</inf:isin>
    <inf:meetingDate>06/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director Masuie, Seiji</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
      </inf:voteCategory>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>6000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>6000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
      </inf:voteRecord>
    </inf:vote>
  </inf:proxyTable>
  <inf:proxyTable>
    <inf:issuerName>CHUBU-NIPPON BROADCASTING CO.,LTD.</inf:issuerName>
    <inf:cusip>J06594105</inf:cusip>
    <inf:isin>JP3527000008</inf:isin>
    <inf:meetingDate>06/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director Oishi, Yoichi</inf:voteDescription>
    <inf:voteCategories>
      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>6000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>6000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    </inf:vote>
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  <inf:proxyTable>
    <inf:issuerName>CHUBU-NIPPON BROADCASTING CO.,LTD.</inf:issuerName>
    <inf:cusip>J06594105</inf:cusip>
    <inf:isin>JP3527000008</inf:isin>
    <inf:meetingDate>06/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director Okaya, Tokuichi</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>6000</inf:sharesVoted>
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    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>6000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHUBU-NIPPON BROADCASTING CO.,LTD.</inf:issuerName>
    <inf:cusip>J06594105</inf:cusip>
    <inf:isin>JP3527000008</inf:isin>
    <inf:meetingDate>06/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director Yasui, Koichi</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:sharesVoted>6000</inf:sharesVoted>
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    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>6000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHUBU-NIPPON BROADCASTING CO.,LTD.</inf:issuerName>
    <inf:cusip>J06594105</inf:cusip>
    <inf:isin>JP3527000008</inf:isin>
    <inf:meetingDate>06/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director Samura, Shunichi</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:voteSource>ISSUER</inf:voteSource>
    <inf:sharesVoted>6000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>6000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHUBU-NIPPON BROADCASTING CO.,LTD.</inf:issuerName>
    <inf:cusip>J06594105</inf:cusip>
    <inf:isin>JP3527000008</inf:isin>
    <inf:meetingDate>06/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director Ikeda, Keiko</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:sharesVoted>6000</inf:sharesVoted>
    <inf:sharesOnLoan>0</inf:sharesOnLoan>
    <inf:vote>
      <inf:voteRecord>
        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>6000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHUBU-NIPPON BROADCASTING CO.,LTD.</inf:issuerName>
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    <inf:voteDescription>Appoint a Director Ando, Takashi</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>6000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHUBU-NIPPON BROADCASTING CO.,LTD.</inf:issuerName>
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    <inf:voteDescription>Appoint a Director Usuda, Nobuyuki</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:vote>
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        <inf:howVoted>FOR</inf:howVoted>
        <inf:sharesVoted>6000</inf:sharesVoted>
        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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  <inf:proxyTable>
    <inf:issuerName>CHUBU-NIPPON BROADCASTING CO.,LTD.</inf:issuerName>
    <inf:cusip>J06594105</inf:cusip>
    <inf:isin>JP3527000008</inf:isin>
    <inf:meetingDate>06/27/2025</inf:meetingDate>
    <inf:voteDescription>Appoint a Director Sasaki, Takashi</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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        <inf:howVoted>AGAINST</inf:howVoted>
        <inf:sharesVoted>6000</inf:sharesVoted>
        <inf:managementRecommendation>AGAINST</inf:managementRecommendation>
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    <inf:voteDescription>Appoint a Director Matsunami, Keizo</inf:voteDescription>
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      <inf:voteCategory>
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        <inf:managementRecommendation>FOR</inf:managementRecommendation>
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    <inf:voteDescription>Appoint a Director Terai, Koji</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType>
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    <inf:vote>
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    <inf:voteDescription>Appoint a Director Nozaki, Mikio</inf:voteDescription>
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      <inf:voteCategory>
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    <inf:voteDescription>Appoint a Director Koike, Kazuaki</inf:voteDescription>
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    <inf:voteDescription>Approve Details of the Restricted-Stock Compensation to be received by Directors (Excluding Outside Directors)</inf:voteDescription>
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    <inf:issuerName>NIPPON TELEVISION HOLDINGS,INC.</inf:issuerName>
    <inf:cusip>J56171101</inf:cusip>
    <inf:isin>JP3732200005</inf:isin>
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    <inf:voteDescription>Approve Appropriation of Surplus</inf:voteDescription>
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      <inf:voteCategory>
        <inf:categoryType>OTHER</inf:categoryType>
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