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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ISHARES INC MSCI MEXICO ETF 464286822   309,012 6,600 SH   SOLE   6,600 0 0
ISHARES INC MSCI BRAZIL ETF 464286400   637,033 28,300 SH   SOLE   28,300 0 0
ISHARES TR MSCI EAFE ETF 464287465   4,942,475 65,368 SH   SOLE   65,368 0 0
ISHARES TR MSCI ACWI EX US 464288240   2,413,861 46,278 SH   SOLE   46,278 0 0
ISHARES TR MSCI CHINA ETF 46429B671   1,994,689 42,567 SH   SOLE   42,567 0 0
ISHARES TR EUROPE ETF 464287861   255,458 4,907 SH   SOLE   4,907 0 0
ISHARES TR RUS MID CAP ETF 464287499   2,499,068 28,270 SH   SOLE   28,270 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407   2,243,500 10,000 SH   SOLE   10,000 0 0
SPDR INDEX SHS FDS PORTFOLIO DEVLPD 78463X889   6,162,069 180,547 SH   SOLE   180,547 0 0