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
POWERSHARES EXCH TRADED FD TR II POWERSHARES S&P 500 HIGH DIVID LOW VOLATILITY PORTFOLIO ETF 73937B654 7,847 201,658 SH   SOLE   201,658 0 0
POWERSHARES EXCHANGE TRADED FD TR DYNAMIC SEMICONDUCTORS PORTFOLIO ETF 73935X781 16,238 495,047 SH   SOLE   495,047 0 0
POWERSHARES EXCHANGE TRADED FDS TST HIGH YIELD EQTY DIVIDEND ACHIEVERS PORT ISIN #US73935X3026 ETF 73935X302 7,929 499,300 SH   SOLE   499,300 0 0
POWERSHARES EXCHANGE TRADED FD TR II KBW PREMIUM YIELD EQUITY REIT PORT ETF 73936Q819 16,030 446,889 SH   SOLE   446,889 0 0
POWERSHARES EXCHANGE TRADED FD TR II S&P SMALLCAP INFORMATION TECHNOLOGY PORT ETF 73937B860 22,876 360,540 SH   SOLE   360,540 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF ETF 92189F106 10,193 385,647 SH   SOLE   385,647 0 0
ISHARES MSCI GLOBAL GOLD MINERS ETF ETF 464286335 466 41,890 SH   SOLE   41,890 0 0
ISHARES MSCI BRAZIL SMALL CAP ETF ETF 464289131 3,666 314,639 SH   SOLE   314,639 0 0
ISHARES MSCI NEW ZEALAND CAPPED ETF ETF 464289123 3,755 80,141 SH   SOLE   80,141 0 0
SPDR S&P HEALTH CARE EQUIPME ETF 78464A581 15,582 300,343 SH   SOLE   300,343 0 0
VANECK VECTORS ETF TR RUSSIA SMALL CAP ETF 92189F734 4,485 139,984 SH   SOLE   139,984 0 0
FIRST TR EXCH TRADED ALPHADEX FD II LATIN AMER ALPHADEX FD ETF 33737J125 5,391 299,162 SH   SOLE   299,162 0 0
GLOBAL X FDS GLOBAL X SOCIAL MEDIA INDEX ETF ETF 37950E416 7,130 282,393 SH   SOLE   282,393 0 0
VANECK VECTORS ETF TR BRAZIL SMALL CP ETF 92189F825 3,394 200,104 SH   SOLE   200,104 0 0
VANECK VECTORS ETF TR SEMICONDUCTOR ET ETF 92189F676 7,230 104,071 SH   SOLE   104,071 0 0
POWERSHARES EXCHANGE TRADED FD TR DYNAMIC NETWORKING PORT ETF 73935X815 3,727 92,777 SH   SOLE   92,777 0 0
GLOBAL X FDS GLOBAL X BRAZIL CONSUMER ETF ETF 37950E846 1,141 86,118 SH   SOLE   86,118 0 0
ISHARES TR U.S. MED DVC ETF ETF 464288810 11,951 82,201 SH   SOLE   82,201 0 0
POWERSHARES NASDAQ INTERNET ETF 73935X146 2,622 29,902 SH   SOLE   29,902 0 0
FIRST TR EXCHANGE TRADED FD II ISE CLOUD COMPUTING INDEX FD ETF 33734X192 461 13,488 SH   SOLE   13,488 0 0
EXCHANGE TRADED CONCEPTS TR EMQQ EM INTERN ETF 301505889 322 11,800 SH   SOLE   11,800 0 0