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
58 COM INC SPON ADR REP A 31680Q104 643 18,174 SH   SOLE   0 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 17,238 159,864 SH   SOLE   0 0 0
AMBEV SA SPONSORED ADR 02319V103 212 36,742 SH   SOLE   0 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 8,177 577,040 SH   SOLE   0 0 0
BAIDU INC SPON ADR REP A 056752108 6,665 38,634 SH   SOLE   0 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 440 42,956 SH   SOLE   0 0 0
BANCO SANTANDER CHILE NEW SP ADR REP COM 05965X109 211 8,417 SH   SOLE   0 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 3,411 376,115 SH   SOLE   0 0 0
CHINA LIFE INS CO LTD SPON ADR REP H 16939P106 566 36,913 SH   SOLE   0 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 1,415 25,625 SH   SOLE   0 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 769 10,719 SH   SOLE   0 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 1,022 84,872 SH   SOLE   0 0 0
CREDICORP LTD COM G2519Y108 4,945 30,280 SH   SOLE   0 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 2,612 53,149 SH   SOLE   0 0 0
EMBRAER S A SP ADR REP 4 COM 29082A107 228 10,342 SH   SOLE   0 0 0
ENEL AMERICAS S A SPONSORED ADR 29274F104 621 59,744 SH   SOLE   0 0 0
ENEL GENERACION CHILE S A SPONSORED ADR 29244T101 383 17,236 SH   SOLE   0 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 6,057 68,420 SH   SOLE   0 0 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 2,989 115,215 SH   SOLE   0 0 0
ISHARES MSCI STH KOR ETF 464286772 36,069 582,977 SH   SOLE   0 0 0
ISHARES INC MSCI MLY ETF NEW 46434G814 2,680 87,935 SH   SOLE   0 0 0
ISHARES TR CORE S&P500 ETF 464287200 21,633 91,175 SH   SOLE   0 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 248,157 6,300,000 SH Call SOLE   0 0 0
ISHARES TR MSCI EAFE ETF 464287465 249,160 4,000,000 SH Call SOLE   0 0 0
ISHARES TR CORE S&P MCP ETF 464287507 5,808 33,919 SH   SOLE   0 0 0
ISHARES TR CORE S&P SCP ETF 464287804 4,645 67,160 SH   SOLE   0 0 0
ISHARES TR IBOXX HI YD ETF 464288513 840,994 9,580,700 SH   SOLE   0 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 577 47,815 SH   SOLE   0 0 0
JD COM INC SPON ADR CL A 47215P106 2,964 95,272 SH   SOLE   0 0 0
KB FINANCIAL GROUP INC SPONSORED ADR 48241A105 738 16,779 SH   SOLE   0 0 0
KT CORP SPONSORED ADR 48268K101 337 20,052 SH   SOLE   0 0 0
LG DISPLAY CO LTD SPONS ADR REP 50186V102 465 34,168 SH   SOLE   0 0 0
MOBILE TELESYSTEMS PJSC SPONSORED ADR 607409109 4,068 368,824 SH   SOLE   0 0 0
MOMO INC ADR 60879B107 7,303 214,350 SH   SOLE   0 0 0
NETEASE INC SPONSORED ADR 64110W102 3,196 11,254 SH   SOLE   0 0 0
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 1,146 18,982 SH   SOLE   0 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 3,970 29,988 SH   SOLE   0 0 0
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 375 18,967 SH   SOLE   0 0 0
SINA CORP ORD G81477104 603 8,356 SH   SOLE   0 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 672 19,539 SH   SOLE   0 0 0
SOUTHERN COPPER CORP COM 84265V105 1,363 37,985 SH   SOLE   0 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 8,461 71,270 SH   SOLE   0 0 0
TAL ED GROUP ADS REPSTG COM 874080104 653 6,128 SH   SOLE   0 0 0
VANECK VECTORS ETF TR INDONESIA INDEX 92189F833 15,010 661,237 SH   SOLE   0 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 8,336 209,868 SH   SOLE   0 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 3,903 43,394 SH   SOLE   0 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 14,475 368,323 SH   SOLE   0 0 0
VANGUARD WORLD FD EXTENDED DUR 921910709 2,371 21,332 SH   SOLE   0 0 0
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 685 51,369 SH   SOLE   0 0 0
WEIBO CORP SPONSORED ADR 948596101 237 4,540 SH   SOLE   0 0 0
YUM CHINA HLDGS INC COM 98850P109 1,581 58,123 SH   SOLE   0 0 0