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
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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
GUGGENHM FRONTIER MARKETS ETF ETF 18383Q838 7,070 550,228 SH   SOLE   550,228 0 0
POWERSHARES EXCHANGE TRADED FD TR DYNAMIC SEMICONDUCTORS PORTFOLIO ETF 73935X781 21,178 507,022 SH   SOLE   507,022 0 0
POWERSHARES DWA UTILITIES MOMENTUM ETF 73935X591 13,611 498,371 SH   SOLE   498,371 0 0
SECTOR SPDR TR SHS BEN INT UTILITIES ETF 81369Y886 19,890 387,648 SH   SOLE   387,648 0 0
POWERSHARES EXCHANGE TRADED FD TR II S&P SMALLCAP INFORMATION TECHNOLOGY PORT ETF 73937B860 23,077 316,082 SH   SOLE   316,082 0 0
FIRST TR NASDAQ 100 TECHNOLOGY INDEX FD ETF 337345102 20,636 343,070 SH   SOLE   343,070 0 0
POWERSHARES EXCHANGE TRADED FD TR RUSSELL TOP 200 PURE PORTFOLIO ETF 739371201 5,774 162,420 SH   SOLE   162,420 0 0
SPDR S&P INT TECHNOLOGY SECT ETF 78463X657 3,625 92,831 SH   SOLE   92,831 0 0
GUGG S&P 500 EQ WGT TECH ETF 78355W817 6,027 49,895 SH   SOLE   49,895 0 0
EXCHANGE TRADED CONCEPTS TR ROBO GLOBAL ROBOTICS AND AUTOMATION INDEX ETF ETF 301505707 819 25,430 SH   SOLE   25,430 0 0
FIRST TRUST CLOUD COMPUTING ETF ETF 33734X192 815 21,060 SH   SOLE   21,060 0 0
FIRST TR EXCH TRADED ALPHADEX FD II LATIN AMER ALPHADEX FD ETF 33737J125 6,883 329,481 SH   SOLE   329,481 0 0
GLOBAL X FDS GLOBAL X COPPER ETF 37954Y830 227 10,104 SH   SOLE   10,104 0 0
VANECK VECTORS ETF TR SEMICONDUCTOR ET ETF 92189F676 11,940 149,797 SH   SOLE   149,797 0 0
VANECK VECTORS ETF TR COAL ETF ETF 92189F809 237 17,106 SH   SOLE   17,106 0 0
WISDOMTREE TR JAPAN HEDGED CAP ETF 97717W356 386 15,402 SH   SOLE   15,402 0 0