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
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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
ISHARES TR TIPS BD ETF 464287176 25,885 227,901 SH   SOLE   227,900 0 1
ISHARES TR CORE US AGGBD ET 464287226 36,296 331,200 SH   SOLE   331,200 0 0
ISHARES TR IBOXX HI YD ETF 464288513 138,670 1,562,300 SH   SOLE   1,562,300 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 36,587 446,395 SH   SOLE   446,200 0 195
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 801 18,450 SH   SOLE   0 0 18,450
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 277 6,358 SH   SOLE   0 0 6,358
VANGUARD INDEX FDS GROWTH ETF 922908736 630 4,746 SH   SOLE   0 0 4,746
VANGUARD INDEX FDS VALUE ETF 922908744 660 6,613 SH   SOLE   0 0 6,613
VANGUARD INDEX FDS SMALL CP ETF 922908751 201 1,424 SH   SOLE   0 0 1,424
CREDIT SUISSE NASSAU BRH INVRS VIX STERM 22542D795 3,136 32,148 SH   SOLE   26,500 0 5,648
SPDR SERIES TRUST BLOOMBERG BRCLYS 78464A417 138,782 3,718,700 SH   SOLE   3,718,700 0 0