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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 BBG006G2JWB1 481,725 6,215 SH   SOLE   6,215 0 0
FRANKLIN TEMPLETON ETF TR FTSE CHINA 35473P819 BBG00J3MD1W4 21,194,008 1,321,454 SH   SOLE   1,321,454 0 0
FRANKLIN TEMPLETON ETF TR FTSE SOUTH KOREA 35473P710 BBG00J3N5C11 6,425,987 279,612 SH   SOLE   279,612 0 0
FRANKLIN TEMPLETON ETF TR FTSE TAIWAN 35473P686 BBG00J3PQ9W6 12,517,464 303,192 SH   SOLE   303,192 0 0
GLOBAL X FDS MSCI CHINA FINCL 37950E606 BBG001T670Z6 114,105 10,684 SH   SOLE   10,684 0 0
GLOBAL X FDS MSCI GREECE ETF 37954Y319 BBG0029YL962 613,566 16,476 SH   SOLE   16,476 0 0
INNOVATOR ETFS TR EMRGNG MKT APRIL 45782C359 BBG00SXJPRZ5 3,482,933 138,712 SH   SOLE   138,712 0 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 BBG001SP5TS2 553,526 5,421 SH   SOLE   5,421 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 BBG00KJR2NN7 13,689,786 86,768 SH   SOLE   86,768 0 0
ISHARES GOLD TR ISHARES NEW 464285204 BBG001SJK6D5 827,592 21,204 SH   SOLE   21,204 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 BBG001SFN5N1 9,433,201 269,068 SH   SOLE   269,068 0 0
ISHARES INC MSCI CHILE ETF 464286640 BBG001T0LL05 2,375,891 83,933 SH   SOLE   83,933 0 0
ISHARES INC MSCI GBL MIN VOL 464286525 BBG0025X39Q6 325,281 3,237 SH   SOLE   3,237 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 BBG001S8SYN9 464,074 7,209 SH   SOLE   7,209 0 0
ISHARES INC MSCI MEXICO ETF 464286822 BBG001S8SYQ6 6,509,649 95,565 SH   SOLE   95,565 0 0
ISHARES INC MSCI MLY ETF NEW 46434G814 BBG001S8SYP7 1,091,513 51,360 SH   SOLE   51,360 0 0
ISHARES INC MSCI STH AFR ETF 464286780 BBG001SLJR19 3,041,282 72,193 SH   SOLE   72,193 0 0
ISHARES INC MSCI STH KOR ETF 464286772 BBG001SF9FC7 10,185,107 154,150 SH   SOLE   154,150 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 BBG001SFGL81 6,146,785 133,225 SH   SOLE   133,225 0 0
ISHARES INC MSCI THAILND ETF 464286624 BBG001T13KY8 2,855,326 44,353 SH   SOLE   44,353 0 0
ISHARES INC MSCI TURKEY ETF 464286715 BBG001STW0V3 973,358 30,116 SH   SOLE   30,116 0 0
ISHARES TR MSCI ACWI EX US 464288240 BBG001S56R18 14,010,377 274,319 SH   SOLE   274,319 0 0
ISHARES TR MSCI CHINA ETF 46429B671 BBG001S56D46 14,640,903 358,953 SH   SOLE   358,953 0 0
ISHARES TR MSCI EAFE ETF 464287465 BBG001SG09V7 10,032,155 133,017 SH   SOLE   133,017 0 0
ISHARES TR MSCI INDIA ETF 46429B598 BBG002DMN4B6 24,535,228 502,129 SH   SOLE   502,129 0 0
ISHARES TR MSCI INDONIA ETF 46429B309 BBG001S56QM7 860,282 38,660 SH   SOLE   38,660 0 0
ISHARES TR MSCI KUWAIT ETF 46436E817 BBG00S2GPDM0 1,202,966 38,978 SH   SOLE   38,978 0 0
ISHARES TR MSCI PHILIPS ETF 46429B408 BBG001TCKW33 1,202,764 46,516 SH   SOLE   46,516 0 0
ISHARES TR MSCI POLAND ETF 46429B606 BBG001S56L11 1,309,625 57,645 SH   SOLE   57,645 0 0
ISHARES TR MSCI QATAR ETF 46434V779 BBG006F3G5H6 1,539,401 84,895 SH   SOLE   84,895 0 0
ISHARES TR MSCI SAUDI ARBIA 46434V423 BBG00B0943B2 6,239,707 148,034 SH   SOLE   148,034 0 0
ISHARES TR MSCI UAE ETF 46434V761 BBG006F3JCX0 1,103,560 74,688 SH   SOLE   74,688 0 0
ISHARES TR S&P 500 VAL ETF 464287408 BBG001S561K4 591,951 3,406 SH   SOLE   3,406 0 0
J P MORGAN EXCHANGE TRADED F ULTRA SHRT INC 46641Q837 BBG00GP26NW0 1,990,013 39,636 SH   SOLE   39,636 0 0
JANUS DETROIT STR TR HENDRSON AAA CL 47103U845 BBG00XX898D2 5,482,892 109,134 SH   SOLE   109,134 0 0
SPDR INDEX SHS FDS S&P CHINA ETF 78463X400 BBG001SRXRC8 616,604 9,085 SH   SOLE   9,085 0 0
SSGA ACTIVE ETF TR BLACKSTONE SENR 78467V608 BBG004DF1DW8 9,037,924 215,569 SH   SOLE   215,569 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 BBG001S5WWW4 6,543,680 62,920 SH   SOLE   62,920 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 BBG001SHVTR2 6,986,880 38,816 SH   SOLE   38,816 0 0
WESTERN ASSET EMERGING MKTS COM 95766A101 BBG001SCCJM1 4,107,292 445,960 SH   SOLE   445,960 0 0