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
GUGGENHM FRONTIER MARKETS ETF ETF 18383Q838 7,474 509,129 SH   SOLE   509,129 0 0
POWERSHARES EXCHANGE TRADED FD TR DYNAMIC SEMICONDUCTORS PORTFOLIO ETF 73935X781 23,078 467,078 SH   SOLE   467,078 0 0
POWERSHARES NASDAQ INTERNET ETF 73935X146 26,809 243,522 SH   SOLE   243,522 0 0
WISDOMTREE TR EM EX ST-OWNED ETF 97717X578 6,794 229,599 SH   SOLE   229,599 0 0
ISHARES EDGE MSCI USA MOMENTUM FACTOR ETF ETF 46432F396 16,635 173,856 SH   SOLE   173,856 0 0
GUGGENHEIM CHINA TECHNOLOGY ETF 18383Q135 7,640 133,637 SH   SOLE   133,637 0 0
ISHARES MSCI AUSTRIA CAPPED ETF ETF 464286202 10,005 427,214 SH   SOLE   427,214 0 0
ISHARES TR US AER DEF ETF ETF 464288760 20,119 113,001 SH   SOLE   113,001 0 0
GUGG S&P 500 EQ WGT TECH ETF 78355W817 10,297 76,254 SH   SOLE   76,254 0 0
EXCHANGE TRADED CONCEPTS TR ROBO GLOBAL ROBOTICS AND AUTOMATION INDEX ETF ETF 301505707 792 20,475 SH   SOLE   20,475 0 0
ISHARES TR NA TEC SFTWR ETF ETF 464287515 13,941 95,316 SH   SOLE   95,316 0 0
POWERSHARES DWA HEALTHCARE MOMENTUM ETF 73935X351 4,251 62,797 SH   SOLE   62,797 0 0
GLOBAL X FUNDS GLOBAL X SOCIAL MEDIA ETF ETF 37950E416 849 27,044 SH   SOLE   27,044 0 0
VANECK VECTORS ETF TR SEMICONDUCTOR ET ETF 92189F676 12,634 135,386 SH   SOLE   135,386 0 0
EXCHANGE TRADED CONCEPTS TR EMQQ EM INTERN ETF 301505889 339 9,319 SH   SOLE   9,319 0 0
ISHARES TR MSCI CHINA ETF ETF 46429B671 3,541 56,134 SH   SOLE   56,134 0 0
GLOBAL X LITHIUM AND BATTERY TECH ETF ETF 37954Y855 247 6,614 SH   SOLE   6,614 0 0