The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BANK OF NOVA SCOTIA(TOR) BANK OF NOVA SCOTIA(TOR) 064149107 12,817 161,500 SH   SOLE   0 0 161,500
BROOKFIELD ASSET MANAGE-CL A BROOKFIELD ASSET MANAGE-CL A 112585104 7,684 153,000 SH   SOLE   0 0 153,000
CAN IMPERIAL BK OF COMMERCE(TOR) CAN IMPERIAL BK OF COMMERCE(TOR) 136069101 11,440 100,600 SH   SOLE   0 0 100,600
CANADIAN NATL RAILWAY CO CANADIAN NATL RAILWAY CO 136375102 8,531 90,600 SH   SOLE   0 0 90,600
CANADIAN NATURAL RESOURCES CANADIAN NATURAL RESOURCES 136385101 10,805 266,800 SH   SOLE   0 0 266,800
CANADIAN PACIFIC RAILWAY LTD CANADIAN PACIFIC RAILWAY LTD 13645T100 5,453 24,000 SH   SOLE   0 0 24,000
COTT CORPORATION(TOR) COTT CORPORATION(TOR) 22163N106 5,439 287,000 SH   SOLE   0 0 287,000
ENBRIDGE INC ENBRIDGE INC 29250N105 10,029 247,500 SH   SOLE   0 0 247,500
GILDAN ACTIVEWEAR INC GILDAN ACTIVEWEAR INC 375916103 5,135 138,000 SH   SOLE   0 0 138,000
MANULIFE FINANCIAL CORP(TOR) MANULIFE FINANCIAL CORP(TOR) 56501R106 12,565 525,300 SH   SOLE   0 0 525,300
METHANEX CORP(TOR) METHANEX CORP(TOR) 59151K108 5,963 76,400 SH   SOLE   0 0 76,400
NUTRIEN LTD(TOR) NUTRIEN LTD(TOR) 67077M108 4,871 80,000 SH   SOLE   0 0 80,000
ROYAL BANK OF CANADA ROYAL BANK OF CANADA 780087102 21,177 212,790 SH   SOLE   0 0 212,790
SHAW COMMUNICATIONS INC-B SHAW COMMUNICATIONS INC-B 82028K200 5,535 223,000 SH   SOLE   0 0 223,000
SUN LIFE FINANCIAL INC(TOR) SUN LIFE FINANCIAL INC(TOR) 866796105 11,831 223,600 SH   SOLE   0 0 223,600
SUNCOR ENERGY INC SUNCOR ENERGY INC 867224107 9,147 205,600 SH   SOLE   0 0 205,600
TECK RESOURCES LTD-CLS B(TOR) TECK RESOURCES LTD-CLS B(TOR) 878742204 2,920 88,000 SH   SOLE   0 0 88,000
TORONTO-DOMINION BANK TORONTO-DOMINION BANK 891160509 25,121 343,600 SH   SOLE   0 0 343,600
TRANSCANADA CORP TRANSCANADA CORP 89353D107 8,955 168,070 SH   SOLE   0 0 168,070
VERMILION ENERGY INC(TOR) VERMILION ENERGY INC(TOR) 923725105 3,323 80,000 SH   SOLE   0 0 80,000
CLOROX COMPANY (NYS) CLOROX COMPANY (NYS) 189054109 2,542 19,100 SH   DFND   0 0 19,100
CONAGRA BRANDS INC (NYS) CONAGRA BRANDS INC (NYS) 205887102 1,999 54,200 SH   DFND   0 0 54,200
GENERAL MILLS INC(NYS) GENERAL MILLS INC(NYS) 370334104 1,816 40,300 SH   DFND   0 0 40,300
HORMEL FOODS CORP(NYS) HORMEL FOODS CORP(NYS) 440452100 2,612 76,100 SH   DFND   0 0 76,100
KIMBERLY-CLARK CORP(NYS) KIMBERLY-CLARK CORP(NYS) 494368103 2,335 21,200 SH   DFND   0 0 21,200
LAMB WESTON HOLDINGS INC LAMB WESTON HOLDINGS INC 513272104 549 9,433 SH   DFND   0 0 9,433
MERCK & CO. INC. MERCK & CO. INC. 58933Y105 1,226 22,500 SH   DFND   0 0 22,500
MICROSOFT CORP MICROSOFT CORP 594918104 803 8,800 SH   DFND   0 0 8,800
MONDELEZ INTERNATIONAL INC-A MONDELEZ INTERNATIONAL INC-A 609207105 363 8,700 SH   DFND   0 0 8,700
PFIZER INC PFIZER INC 717081103 1,785 50,300 SH   DFND   0 0 50,300
WASTE MANAGEMENT INC WASTE MANAGEMENT INC 94106L109 1,245 14,800 SH   DFND   0 0 14,800
ALPHABET INC-CL C ALPHABET INC-CL C 02079K107 2,213 2,145 SH   DFND   0 0 2,145
AMAZON.COM INC AMAZON.COM INC 023135106 2,514 1,737 SH   DFND   0 0 1,737
CITIGROUP INC(NYS) CITIGROUP INC(NYS) 172967424 2,322 34,398 SH   DFND   0 0 34,398
ECOLAB INC(NYS) ECOLAB INC(NYS) 278865100 2,093 15,269 SH   DFND   0 0 15,269
FACEBOOK INC - A FACEBOOK INC - A 30303M102 2,140 13,395 SH   DFND   0 0 13,395
FIRST REPUBLIC BANK/CA FIRST REPUBLIC BANK/CA 33616C100 1,361 14,701 SH   DFND   0 0 14,701
HDFC BANK LTD-ADR HDFC BANK LTD-ADR 40415F101 4,655 47,131 SH   DFND   0 0 47,131
HOME DEPOT INC(NYS) HOME DEPOT INC(NYS) 437076102 2,718 15,249 SH   DFND   0 0 15,249
PHILIP MORRIS INTERNATIONAL PHILIP MORRIS INTERNATIONAL 718172109 2,368 23,818 SH   DFND   0 0 23,818
TAIWAN SEMICONDUCTOR-SP ADR TAIWAN SEMICONDUCTOR-SP ADR 874039100 2,174 49,677 SH   DFND   0 0 49,677
THERMO FISHER SCIENTIFIC INC THERMO FISHER SCIENTIFIC INC 883556102 2,007 9,723 SH   DFND   0 0 9,723
VISA INC-CLASS A SHARES VISA INC-CLASS A SHARES 92826C839 4,961 41,473 SH   DFND   0 0 41,473
WELLS FARGO & CO WELLS FARGO & CO 949746101 1,491 28,457 SH   DFND   0 0 28,457
BROOKFIELD PROPERTY PARTNERS (TOR) BROOKFIELD PROPERTY PARTNERS (TOR) G16249107 3,215 130,000 SH   SOLE   0 0 130,000
GGP INC GGP INC 36174X101 4,501 220,000 SH   SOLE   0 0 220,000
SPROTT PHYSICAL GOLD AND SIL SPROTT PHYSICAL GOLD AND SIL 85208R101 4,290 325,000 SH   SOLE   0 0 325,000
CARLISLE COS INC CARLISLE COS INC 142339100 3,132 30,000 SH   SOLE   0 0 30,000
CHEESECAKE FACTORY INC/THE(NSM) CHEESECAKE FACTORY INC/THE(NSM) 163072101 6,269 130,000 SH   SOLE   0 0 130,000
CITIGROUP INC(NYS) CITIGROUP INC(NYS) 172967424 1,688 25,000 SH   SOLE   0 0 25,000
DAVE & BUSTER'S ENTERTAINMEN(NSM) DAVE & BUSTER'S ENTERTAINMEN(NSM) 238337109 1,044 25,000 SH   SOLE   0 0 25,000
DELPHI AUTOMOTIVE PLC DELPHI AUTOMOTIVE PLC G2709G107 3,812 80,000 SH   SOLE   0 0 80,000
DOLLAR TREE INC DOLLAR TREE INC 256746108 3,796 40,000 SH   SOLE   0 0 40,000
FRANKLIN RESOURCES INC(NYS) FRANKLIN RESOURCES INC(NYS) 354613101 3,988 115,000 SH   SOLE   0 0 115,000
HORMEL FOODS CORP(NYS) HORMEL FOODS CORP(NYS) 440452100 3,947 115,000 SH   SOLE   0 0 115,000
L BRANDS INC L BRANDS INC 501797104 4,776 125,000 SH   SOLE   0 0 125,000
LOWE'S COS INC(NYS) LOWE'S COS INC(NYS) 548661107 1,755 20,000 SH   SOLE   0 0 20,000
STARBUCKS CORP STARBUCKS CORP 855244109 3,473 60,000 SH   SOLE   0 0 60,000
SYNCHRONY FINANCIAL SYNCHRONY FINANCIAL 87165B103 2,515 75,000 SH   SOLE   0 0 75,000
TRACTOR SUPPLY COMPANY(NSM) TRACTOR SUPPLY COMPANY(NSM) 892356106 5,042 80,000 SH   SOLE   0 0 80,000
WALT DISNEY CO/THE WALT DISNEY CO/THE 254687106 3,716 37,000 SH   SOLE   0 0 37,000
ACCENTURE PLC-CL A (NYS) ACCENTURE PLC-CL A (NYS) G1151C101 5,373 35,000 SH   SOLE   0 0 35,000
ADOBE SYSTEMS INC(NSM) ADOBE SYSTEMS INC(NSM) 00724F101 4,970 23,000 SH   SOLE   0 0 23,000
AERCAP HOLDINGS NV AERCAP HOLDINGS NV N00985106 1,750 34,500 SH   SOLE   0 0 34,500
ALPHABET INC-CL A ALPHABET INC-CL A 02079K305 6,430 6,200 SH   SOLE   0 0 6,200
AMERICAN INTERNATIONAL GROUP AMERICAN INTERNATIONAL GROUP 026874784 2,884 53,000 SH   SOLE   0 0 53,000
APPLE INC APPLE INC 037833100 5,470 32,600 SH   SOLE   0 0 32,600
APTIV PLC APTIV PLC G6095L109 2,872 33,800 SH   SOLE   0 0 33,800
BANK OF AMERICA CORP(NYS) BANK OF AMERICA CORP(NYS) 060505104 6,328 211,000 SH   SOLE   0 0 211,000
BLACKROCK INC BLACKROCK INC 09247X101 3,359 6,200 SH   SOLE   0 0 6,200
BOEING CO/THE(NYS) BOEING CO/THE(NYS) 097023105 2,787 8,500 SH   SOLE   0 0 8,500
BOSTON SCIENTIFIC CORP BOSTON SCIENTIFIC CORP 101137107 2,951 108,000 SH   SOLE   0 0 108,000
BRISTOL-MYERS SQUIBB CO(NYS) BRISTOL-MYERS SQUIBB CO(NYS) 110122108 2,340 37,000 SH   SOLE   0 0 37,000
CARNIVAL CORP CARNIVAL CORP 143658300 2,033 31,000 SH   SOLE   0 0 31,000
CITIGROUP INC(NYS) CITIGROUP INC(NYS) 172967424 3,713 55,000 SH   SOLE   0 0 55,000
COMCAST CORP-CLASS A COMCAST CORP-CLASS A 20030N101 4,750 139,000 SH   SOLE   0 0 139,000
COSTCO WHOLESALE CORP COSTCO WHOLESALE CORP 22160K105 4,711 25,000 SH   SOLE   0 0 25,000
CROWN CASTLE INTL CORP CROWN CASTLE INTL CORP 22822V101 4,384 40,000 SH   SOLE   0 0 40,000
DELTA AIR LINES INC(NYS) DELTA AIR LINES INC(NYS) 247361702 2,686 49,000 SH   SOLE   0 0 49,000
DOWDUPONT INC DOWDUPONT INC 26078J100 4,149 65,126 SH   SOLE   0 0 65,126
EOG RESOURCES INC(NYS) EOG RESOURCES INC(NYS) 26875P101 4,421 42,000 SH   SOLE   0 0 42,000
ESTEE LAUDER COMPANIES-CL A(NYS) ESTEE LAUDER COMPANIES-CL A(NYS) 518439104 3,893 26,000 SH   SOLE   0 0 26,000
HCA HEALTHCARE INC HCA HEALTHCARE INC 40412C101 2,910 30,000 SH   SOLE   0 0 30,000
HOME DEPOT INC(NYS) HOME DEPOT INC(NYS) 437076102 4,812 27,000 SH   SOLE   0 0 27,000
HP INC(NYS) HP INC(NYS) 40434L105 1,973 90,000 SH   SOLE   0 0 90,000
JP MORGAN CHASE & CO JP MORGAN CHASE & CO 46625H100 8,358 76,000 SH   SOLE   0 0 76,000
L3 TECHNOLOGIES INC L3 TECHNOLOGIES INC 502413107 6,136 29,500 SH   SOLE   0 0 29,500
LYONDELLBASELL INDU-CL A LYONDELLBASELL INDU-CL A N53745100 1,902 18,000 SH   SOLE   0 0 18,000
M & T BANK CORP(NYS) M & T BANK CORP(NYS) 55261F104 4,978 27,000 SH   SOLE   0 0 27,000
MEDTRONIC PLC MEDTRONIC PLC G5960L103 4,784 59,636 SH   SOLE   0 0 59,636
MERCK & CO. INC. MERCK & CO. INC. 58933Y105 2,996 55,000 SH   SOLE   0 0 55,000
MICROSOFT CORP MICROSOFT CORP 594918104 8,393 91,960 SH   SOLE   0 0 91,960
MOHAWK INDUSTRIES INC MOHAWK INDUSTRIES INC 608190104 2,322 10,000 SH   SOLE   0 0 10,000
NEWELL BRANDS INC (NYS) NEWELL BRANDS INC (NYS) 651229106 2,956 116,000 SH   SOLE   0 0 116,000
NEXTERA ENERGY INC(NYS) NEXTERA ENERGY INC(NYS) 65339F101 4,573 28,000 SH   SOLE   0 0 28,000
NVIDIA CORP NVIDIA CORP 67066G104 2,084 9,000 SH   SOLE   0 0 9,000
PEPSICO INC PEPSICO INC 713448108 2,074 19,000 SH   SOLE   0 0 19,000
PFIZER INC PFIZER INC 717081103 3,194 90,000 SH   SOLE   0 0 90,000
SHERWIN-WILLIAMS CO/THE SHERWIN-WILLIAMS CO/THE 824348106 3,255 8,300 SH   SOLE   0 0 8,300
THERMO FISHER SCIENTIFIC INC THERMO FISHER SCIENTIFIC INC 883556102 3,097 15,000 SH   SOLE   0 0 15,000
UNION PACIFIC CORP(NYS) UNION PACIFIC CORP(NYS) 907818108 5,081 37,800 SH   SOLE   0 0 37,800
UNITEDHEALTH GROUP INC UNITEDHEALTH GROUP INC 91324P102 3,638 17,000 SH   SOLE   0 0 17,000
US BANCORP(NYS) US BANCORP(NYS) 902973304 1,919 38,000 SH   SOLE   0 0 38,000
VALERO ENERGY CORP VALERO ENERGY CORP 91913Y100 3,034 32,700 SH   SOLE   0 0 32,700
VISA INC-CLASS A SHARES VISA INC-CLASS A SHARES 92826C839 6,101 51,000 SH   SOLE   0 0 51,000
VULCAN MATERIALS CO VULCAN MATERIALS CO 929160109 3,197 28,000 SH   SOLE   0 0 28,000
WALMART INC WALMART INC 931142103 4,982 56,000 SH   SOLE   0 0 56,000
WALT DISNEY CO/THE WALT DISNEY CO/THE 254687106 2,411 24,000 SH   SOLE   0 0 24,000
WASTE MANAGEMENT INC WASTE MANAGEMENT INC 94106L109 3,533 42,000 SH   SOLE   0 0 42,000
WELLS FARGO & CO WELLS FARGO & CO 949746101 2,673 51,000 SH   SOLE   0 0 51,000
WEYERHAEUSER CO WEYERHAEUSER CO 962166104 3,150 90,000 SH   SOLE   0 0 90,000
XYLEM INC XYLEM INC 98419M100 1,923 25,000 SH   SOLE   0 0 25,000
ZIMMER BIOMET HOLDINGS INC ZIMMER BIOMET HOLDINGS INC 98956P102 2,508 23,000 SH   SOLE   0 0 23,000