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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

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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
ISHARES MSCI PACIFIC EX JAPAN ETF MSCI PAC J 464286665   437,206 8,954 SH   DFND   0 8,954 0
ISHARES LATIN AMERICA ETF LATN AMER 464287390   1,927,232 74,400 SH   DFND   0 74,400 0
ISHARES EUROPE ETF EUROPE ETF 464287861   508,806 8,734 SH   DFND   0 8,734 0
ISHARES MSCI JAPAN ETF MSCI JPN E 46434G822   747,553 10,452 SH   DFND   0 10,452 0
SPDR S&P ETF TRUST TR UNIT 78462F103   4,064,668 7,086 SH   DFND   0 7,086 0
ISHARES MSCI CHILE ETF MSCI CHILE 464286640   2,330,178 85,438 SH   DFND   0 85,438 0