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
ADVANCED MICRO DEVICES INC COM COM 007903107 2,282 201,237 SH   SOLE NONE 201,237 0 0
ALBEMARLE CORP COM COM 012653101 2,148 24,948 SH   SOLE NONE 24,948 0 0
AMAZON COM INC COM COM 023135106 2,456 3,275 SH   SOLE NONE 3,275 0 0
AMPHENOL CORP NEW CL A COM 032095101 2,466 36,701 SH   SOLE NONE 36,701 0 0
APACHE CORP COM COM 037411105 405 6,387 SH   SOLE NONE 6,387 0 0
BANCO BRADESCO S A SP ADR PFD COM 059460303 632 72,611 SH   SOLE NONE 72,611 0 0
BANCO DO BRASIL S A SPONSORED COM 059578104 705 81,737 SH   SOLE NONE 81,737 0 0
BANCO SANTANDER BRASIL S A 1.0 COM 05967A107 808 90,869 SH   SOLE NONE 90,869 0 0
BEST BUY INC COM COM 086516101 387 9,063 SH   SOLE NONE 9,063 0 0
BRASKEM S A SP ADR PFD A COM 105532105 840 39,617 SH   SOLE NONE 39,617 0 0
BROADCOM LTD SHS COM Y09827109 1,017 5,752 SH   SOLE NONE 5,752 0 0
CHINA LODGING GROUP LTD SPONSO FOREIGN COMMON S 16949N109 728 14,047 SH   SOLE NONE 14,047 0 0
CHUBB LIMITED COM COM H1467J104 692 5,236 SH   SOLE NONE 5,236 0 0
CINCINNATI FINL CORP COM COM 172062101 3,427 45,247 SH   SOLE NONE 45,247 0 0
COGNEX CORP COM COM 192422103 1,770 27,814 SH   SOLE NONE 27,814 0 0
COMERICA INC COM COM 200340107 1,743 25,589 SH   SOLE NONE 25,589 0 0
COMMVAULT SYSTEMS INC COM COM 204166102 1,342 26,108 SH   SOLE NONE 26,108 0 0
COMPANHIA SIDERURGICA NACIONSP COM 20440W105 499 154,576 SH   SOLE NONE 154,576 0 0
COMPANIA DE MINAS BUENAVENTUSP COM 204448104 596 52,859 SH   SOLE NONE 52,859 0 0
COMPUTER SCIENCES CORP COM COM 205363104 2,502 42,110 SH   SOLE NONE 42,110 0 0
CONSOL ENERGY INC COM COM 20854P109 3,151 172,851 SH   SOLE NONE 172,851 0 0
CONSTELLATION BRANDS INC CL A COM 21036P108 2,370 15,459 SH   SOLE NONE 15,459 0 0
COPART INC COM COM 217204106 1,709 30,842 SH   SOLE NONE 30,842 0 0
COSAN LTD SHS A COM G25343107 741 98,672 SH   SOLE NONE 98,672 0 0
CRESUD S A C I F Y A SPONSORED COM 226406106 564 35,750 SH   SOLE NONE 35,750 0 0
CRH PLC ADR COM 12626K203 664 19,314 SH   SOLE NONE 19,314 0 0
CTRIP COM INTL LTD AMERICAN DE COM 22943F100 675 16,871 SH   SOLE NONE 16,871 0 0
DOMINOS PIZZA INC COM COM 25754A201 1,079 6,773 SH   SOLE NONE 6,773 0 0
EMPRESA DIST Y COMERCIAL NORSP COM 29244A102 2,244 80,586 SH   SOLE NONE 80,586 0 0
FACEBOOK INC CL A COM 30303M102 4,110 35,721 SH   SOLE NONE 35,721 0 0
GRANITE CONSTR INC COM COM 387328107 2,165 39,360 SH   SOLE NONE 39,360 0 0
GREIF BROS CORP COM 397624107 1,598 31,135 SH   SOLE NONE 31,135 0 0
HALLIBURTON CO COM COM 406216101 422 7,794 SH   SOLE NONE 7,794 0 0
HANCOCK HLDG CO COM COM 410120109 4,306 99,899 SH   SOLE NONE 99,899 0 0
HARRIS CORP DEL COM COM 413875105 402 3,925 SH   SOLE NONE 3,925 0 0
HP INC COM COM 40434L105 1,972 132,912 SH   SOLE NONE 132,912 0 0
HUNTINGTON INGALLS INDS INC CO COM 446413106 1,194 6,481 SH   SOLE NONE 6,481 0 0
ILLINOIS TOOL WKS INC COM COM 452308109 1,076 8,786 SH   SOLE NONE 8,786 0 0
INGREDION INC COM COM 457187102 2,399 19,201 SH   SOLE NONE 19,201 0 0
IRSA INVERSIONES Y REP S A GLO COM 450047204 582 31,584 SH   SOLE NONE 31,584 0 0
ISHARES INC MSCI JPN ETF NEW COM 46434G822 4,663 95,439 SH   SOLE NONE 95,439 0 0
ISHARES TR 1-3 YR TR BD E COM 464287457 1,172 13,881 SH   SOLE NONE 13,881 0 0
ISHARES TR 7-10 Y TR BD E COM 464287440 3,215 30,674 SH   SOLE NONE 30,674 0 0
ISHARES TR GRWT ALLOCAT E COM 464289867 643 15,850 SH   SOLE NONE 15,850 0 0
ISHARES TR IBOXX HI YD ET COM 464288513 354 4,094 SH   SOLE NONE 4,094 0 0
ISHARES TR LATN AMER 40.000 0 COM 464287390 5,069 183,787 SH   SOLE NONE 183,787 0 0
ISHARES TR MSCI EMG MKT E COM 464287234 4,788 136,752 SH   SOLE NONE 136,752 0 0
ISHARES TR SP SMCP600GR E COM 464287887 5,602 37,348 SH   SOLE NONE 37,348 0 0
ISHARES TR SP SMCP600VL E COM 464287879 6,004 42,882 SH   SOLE NONE 42,882 0 0
ISHARES TR S&P MC 400VL E COM 464287705 5,758 39,653 SH   SOLE NONE 39,653 0 0
ISHARES TR TIPS BD ETF COM 464287176 458 4,050 SH   SOLE NONE 4,050 0 0
ITAU UNIBANCO BANCO MULTIPL SP COM 465562106 630 61,259 SH   SOLE NONE 61,259 0 0
KB FINANCIAL GROUP INC SPONSOR COM 48241A105 600 17,013 SH   SOLE NONE 17,013 0 0
LATAM AIRLS GROUP S A SPONSORE COM 51817R106 631 77,102 SH   SOLE NONE 77,102 0 0
LENNOX INTL INC COM COM 526107107 3,038 19,833 SH   SOLE NONE 19,833 0 0
LOCKHEED MARTIN CORP COM COM 539830109 615 2,460 SH   SOLE NONE 2,460 0 0
MDU RESOURCES GROUP INC COM 552690109 1,704 59,222 SH   SOLE NONE 59,222 0 0
METTLER TOLEDO INTERNATIONALCO COM 592688105 3,295 7,873 SH   SOLE NONE 7,873 0 0
MICROSOFT COM 594918104 427 6,866 SH   SOLE NONE 6,866 0 0
MINERALS TECHNOLOGIES INC COM COM 603158106 1,729 22,377 SH   SOLE NONE 22,377 0 0
MSCI INC COM COM 55354G100 474 6,014 SH   SOLE NONE 6,014 0 0
NABORS INDUSTRIES LTD SHS COM G6359F103 4,212 256,849 SH   SOLE NONE 256,849 0 0
NEW ORIENTAL ED & TECH GRP ISP COM 647581107 747 17,739 SH   SOLE NONE 17,739 0 0
NEWCREST MNG LTD SPONSORED ADR COM 651191108 374 25,527 SH   SOLE NONE 25,527 0 0
NEWELL RUBBERMAID INC COM COM 651229106 1,959 43,874 SH   SOLE NONE 43,874 0 0
NICE SYS LTD SPONSORED ADR COM 653656108 717 10,422 SH   SOLE NONE 10,422 0 0
NORFOLK SOUTHN CORP COM 655844108 423 3,913 SH   SOLE NONE 3,913 0 0
NVIDIA CORP COM COM 67066G104 6,983 65,418 SH   SOLE NONE 65,418 0 0
ONEOK INC NEW COM COM 682680103 4,421 77,011 SH   SOLE NONE 77,011 0 0
OSHKOSH CORP COM COM 688239201 1,620 25,079 SH   SOLE NONE 25,079 0 0
PAMPA ENERGIA S A SPONS ADR LV COM 697660207 2,100 60,318 SH   SOLE NONE 60,318 0 0
PATTERSON UTI ENERGY INC COM COM 703481101 932 34,613 SH   SOLE NONE 34,613 0 0
PETROLEO BRASILEIRO SA PETROSP COM 71654V408 931 92,110 SH   SOLE NONE 92,110 0 0
PIONEER NAT RES CO COM COM 723787107 1,825 10,136 SH   SOLE NONE 10,136 0 0
PJSC LUKOIL SPONSORED ADR COM 69343P105 629 11,138 SH   SOLE NONE 11,138 0 0
POWERSHARES ETF TRUST HI YLD E COM 73935X302 6,405 378,324 SH   SOLE NONE 378,324 0 0
PRIMERICA INC COM COM 74164M108 936 13,537 SH   SOLE NONE 13,537 0 0
PRINCIPAL FINL GROUP INC COM COM 74251V102 1,695 29,295 SH   SOLE NONE 29,295 0 0
REGIONS FINL CORP NEW COM COM 7591EP100 1,030 71,754 SH   SOLE NONE 71,754 0 0
REINSURANCE GROUP AMER INC COM COM 759351604 428 3,400 SH   SOLE NONE 3,400 0 0
SAP SE SPON ADR COM 803054204 657 7,597 SH   SOLE NONE 7,597 0 0
SBERBANK RUSSIA SPONSORED ADR COM 80585Y308 745 65,601 SH   SOLE NONE 65,601 0 0
SCIENCE APPLICATNS INTL CP NCO COM 808625107 442 5,207 SH   SOLE NONE 5,207 0 0
SCOTTS MIRACLE GRO CO CL A COM 810186106 1,770 18,524 SH   SOLE NONE 18,524 0 0
SELECT SECTOR SPDR TR SBI INT- COM 81369Y605 5,347 229,982 SH   SOLE NONE 229,982 0 0
SELECT SECTOR SPDR TR SBI INT- COM 81369Y704 4,984 80,106 SH   SOLE NONE 80,106 0 0
SELECT SECTOR SPDR TR TECHNOLO COM 81369Y803 5,526 114,263 SH   SOLE NONE 114,263 0 0
SILICON MOTION TECHNOLOGY COSP COM 82706C108 944 22,217 SH   SOLE NONE 22,217 0 0
SINOPEC SHANGHAI PETROCHEMICSP COM 82935M109 665 12,291 SH   SOLE NONE 12,291 0 0
SM ENERGY CO COM COM 78454L100 808 23,433 SH   SOLE NONE 23,433 0 0
SOCIEDAD QUIMICA MINERA DE CSP COM 833635105 827 28,872 SH   SOLE NONE 28,872 0 0
SPDR SERIES TRUST BRC CNV SECS COM 78464A359 352 7,713 SH   SOLE NONE 7,713 0 0
SPX CORP COM COM 784635104 1,795 75,660 SH   SOLE NONE 75,660 0 0
STEEL DYNAMICS INC COM COM 858119100 2,483 69,791 SH   SOLE NONE 69,791 0 0
SYMANTEC CORP COM COM 871503108 1,494 62,539 SH   SOLE NONE 62,539 0 0
SYNOPSYS INC COM COM 871607107 950 16,142 SH   SOLE NONE 16,142 0 0
TAL ED GROUP ADS REPSTG COM COM 874080104 1,016 14,490 SH   SOLE NONE 14,490 0 0
TERNIUM SA SPON ADR COM 880890108 786 32,541 SH   SOLE NONE 32,541 0 0
THOR INDS INC COM COM 885160101 1,892 18,914 SH   SOLE NONE 18,914 0 0
TOKIO MARINE HOLDINGS INC ADR COM 889094108 612 14,875 SH   SOLE NONE 14,875 0 0
UGI CORP NEW COM COM 902681105 974 21,134 SH   SOLE NONE 21,134 0 0
ULTRAPAR PARTICIPACOES SA BRSP COM 90400P101 604 29,117 SH   SOLE NONE 29,117 0 0
UNITED RENTALS INC COM COM 911363109 921 8,719 SH   SOLE NONE 8,719 0 0
UNITEDHEALTH GROUP INC COM COM 91324P102 1,660 10,375 SH   SOLE NONE 10,375 0 0
WASHINGTON FED INC COM COM 938824109 1,911 55,646 SH   SOLE NONE 55,646 0 0
WASTE CONNECTIONS INC COM 94106B101 3,242 41,249 SH   SOLE NONE 41,249 0 0
WEBSTER FINL CORP CONN COM COM 947890109 960 17,677 SH   SOLE NONE 17,677 0 0
WENDYS CO COM COM 95058W100 414 30,600 SH   SOLE NONE 30,600 0 0
WEST PHARMACEUTICAL SVSC INCCO COM 955306105 2,205 25,996 SH   SOLE NONE 25,996 0 0
WESTAR ENERGY INC COM COM 95709T100 2,059 36,545 SH   SOLE NONE 36,545 0 0
WORTHINGTON INDS INC COM COM 981811102 2,398 50,548 SH   SOLE NONE 50,548 0 0
WPX ENERGY INC COM COM 98212B103 3,551 243,752 SH   SOLE NONE 243,752 0 0
XINYUAN REAL ESTATE CO LTD SPO FOREIGN COMMON S 98417P105 508 102,406 SH   SOLE NONE 102,406 0 0
XYLEM INC COM COM 98419M100 1,752 35,380 SH   SOLE NONE 35,380 0 0
ZIONS BANCORPORATION COM COM 989701107 1,877 43,615 SH   SOLE NONE 43,615 0 0
iShares MSCI Brazil Capped ETF COM 464286400 261 7,826 SH   SOLE NONE 7,826 0 0
iShares MSCI South Korea Capped ETF COM 464286772 209 3,919 SH   SOLE NONE 3,919 0 0
iShares MSCI Hong Kong ETF COM 464286871 220 11,277 SH   SOLE NONE 11,277 0 0
iShares TIPS Bond ETF COM 464287176 378 3,341 SH   SOLE NONE 3,341 0 0
iShares 1-3 Year Treasury Bond ETF COM 464287457 857 10,143 SH   SOLE NONE 10,143 0 0
iShares Russell Mid-Cap Value ETF COM 464287473 707 8,790 SH   SOLE NONE 8,790 0 0
iShares Russell 2000 Value ETF COM 464287630 707 5,945 SH   SOLE NONE 5,945 0 0
iShares iBoxx $ High Yield Corporate Bond ETF COM 464288513 293 3,391 SH   SOLE NONE 3,391 0 0
iShares MSCI Taiwan Capped ETF COM 46434G772 228 7,759 SH   SOLE NONE 7,759 0 0
iShares MSCI Malaysia ETF COM 46434G814 206 7,355 SH   SOLE NONE 7,355 0 0
PowerShares S&P SmallCap Consumer Staples Portfolio COM 73937B605 220 3,182 SH   SOLE NONE 3,182 0 0
PowerShares S&P SmallCap Energy Portfolio COM 73937B704 234 11,110 SH   SOLE NONE 11,110 0 0
PowerShares S&P SmallCap Information Technology Portfolio COM 73937B860 217 3,122 SH   SOLE NONE 3,122 0 0
PowerShares S&P SmallCap Industrials Portfolio COM 73937B878 199 3,592 SH   SOLE NONE 3,592 0 0
SPDR Blmbg Barclays Convert Secs ETF COM 78464A359 294 6,434 SH   SOLE NONE 6,434 0 0
SPDR S&P Regional Banking ETF COM 78464A698 238 4,289 SH   SOLE NONE 4,289 0 0
SPDR S&P Oil & Gas Equipment&Svcs ETF COM 78464A748 198 8,850 SH   SOLE NONE 8,850 0 0
SPDR S&P Metals and Mining ETF COM 78464A755 172 5,654 SH   SOLE NONE 5,654 0 0
SPDR S&P Semiconductor ETF COM 78464A862 184 3,286 SH   SOLE NONE 3,286 0 0
Financial Select Sector SPDR ETF COM 81369Y605 205 8,832 SH   SOLE NONE 8,832 0 0
First Trust Dow Jones Internet Index Fund COM 33733E302 224 2,804 SH   SOLE NONE 2,804 0 0
iShares MSCI Brazil Capped ETF COM 464286400 124 3,704 SH   SOLE NONE 3,704 0 0
iShares MSCI South Korea Capped ETF COM 464286772 116 2,174 SH   SOLE NONE 2,174 0 0
iShares MSCI Hong Kong ETF COM 464286871 115 5,923 SH   SOLE NONE 5,923 0 0
iShares Russell Mid-Cap Value ETF COM 464287473 321 3,989 SH   SOLE NONE 3,989 0 0
iShares Russell 2000 Value ETF COM 464287630 330 2,778 SH   SOLE NONE 2,778 0 0
iShares MSCI Taiwan Capped ETF COM 46434G772 116 3,936 SH   SOLE NONE 3,936 0 0
iShares MSCI Malaysia ETF COM 46434G814 123 4,399 SH   SOLE NONE 4,399 0 0
PowerShares S&P SmallCap Consumer Staples Portfolio COM 73937B605 85 1,236 SH   SOLE NONE 1,236 0 0
PowerShares S&P SmallCap Energy Portfolio COM 73937B704 95 4,542 SH   SOLE NONE 4,542 0 0
PowerShares S&P SmallCap Information Technology Portfolio COM 73937B860 94 1,350 SH   SOLE NONE 1,350 0 0
PowerShares S&P SmallCap Industrials Portfolio COM 73937B878 82 1,483 SH   SOLE NONE 1,483 0 0
SPDR S&P Regional Banking ETF COM 78464A698 104 1,864 SH   SOLE NONE 1,864 0 0
SPDR S&P Oil & Gas Equipment&Svcs ETF COM 78464A748 84 3,762 SH   SOLE NONE 3,762 0 0
SPDR S&P Metals and Mining ETF COM 78464A755 91 2,995 SH   SOLE NONE 2,995 0 0
SPDR S&P Semiconductor ETF COM 78464A862 81 1,444 SH   SOLE NONE 1,444 0 0
Financial Select Sector SPDR ETF COM 81369Y605 85 3,658 SH   SOLE NONE 3,658 0 0
First Trust Dow Jones Internet Index Fund COM 33733E302 96 1,197 SH   SOLE NONE 1,197 0 0
BANCO BRADESCO-ADR COM 059460303 443 50,827 SH   SOLE NONE 50,827 0 0
BANCO DO BRASIL SA-SPON ADR COM 059578104 479 57,571 SH   SOLE NONE 57,571 0 0
BANCO SANTANDER BRASIL-ADS COM 05967A107 572 64,299 SH   SOLE NONE 64,299 0 0
BRASKEM SA-SPON ADR COM 105532105 583 27,499 SH   SOLE NONE 27,499 0 0
CRH PLC-SPONSORED ADR COM 12626K203 483 14,049 SH   SOLE NONE 14,049 0 0
CHINA LODGING GROUP-SPON ADS COM 16949N109 509 9,810 SH   SOLE NONE 9,810 0 0
CIA SIDERURGICA NACL-SP ADR COM 20440W105 332 102,710 SH   SOLE NONE 102,710 0 0
CIA DE MINAS BUENAVENTUR-ADR COM 204448104 376 33,359 SH   SOLE NONE 33,359 0 0
CRESUD S.A.-SPONS ADR COM 226406106 411 26,086 SH   SOLE NONE 26,086 0 0
CTRIP.COM INTERNATIONAL-ADR COM 22943F100 472 11,791 SH   SOLE NONE 11,791 0 0
EMP DISTRIB Y COMERC NOR-ADR COM 29244A102 1,580 56,720 SH   SOLE NONE 56,720 0 0
IRSA -SP ADR COM 450047204 427 23,152 SH   SOLE NONE 23,152 0 0
ITAU UNIBANCO H-SPON PRF ADR COM 465562106 428 41,646 SH   SOLE NONE 41,646 0 0
KB FINANCIAL GROUP INC-ADR COM 48241A105 426 12,070 SH   SOLE NONE 12,070 0 0
LATAM AIRLINES GROUP-SP ADR COM 51817R106 441 53,859 SH   SOLE NONE 53,859 0 0
NEW ORIENTAL EDUCATIO-SP ADR COM 647581107 516 12,245 SH   SOLE NONE 12,245 0 0
NEWCREST MINING LTD-SPON ADR COM 651191108 268 18,630 SH   SOLE NONE 18,630 0 0
NICE LTD COM 653656108 521 7,581 SH   SOLE NONE 7,581 0 0
LUKOIL PJSC-SPON ADR COM 69343P105 448 7,991 SH   SOLE NONE 7,991 0 0
PAMPA ENERGIA SA-SPON ADR COM 697660207 1,441 41,397 SH   SOLE NONE 41,397 0 0
PETROLEO BRASILEIRO-SPON ADR COM 71654V408 585 57,867 SH   SOLE NONE 57,867 0 0
SAP SE-SPONSORED ADR COM 803054204 475 5,496 SH   SOLE NONE 5,496 0 0
SBERBANK PJSC -SPONSORED ADR COM 80585Y308 487 42,065 SH   SOLE NONE 42,065 0 0
SILICON MOTION TECHNOL-ADR COM 82706C108 656 15,452 SH   SOLE NONE 15,452 0 0
SINOPEC SHANGHAI-SPONS ADR COM 82935M109 458 8,464 SH   SOLE NONE 8,464 0 0
QUIMICA Y MINERA CHIL-SP ADR COM 833635105 581 20,263 SH   SOLE NONE 20,263 0 0
TAL EDUCATION GROUP- ADR COM 874080104 714 10,174 SH   SOLE NONE 10,174 0 0
TERNIUM SA-SPONSORED ADR COM 880890108 566 23,424 SH   SOLE NONE 23,424 0 0
TOKIO MARINE HOLDINGS-ADR COM 889094108 428 10,472 SH   SOLE NONE 10,472 0 0
ULTRAPAR PARTICPAC-SPON ADR COM 90400P101 417 20,130 SH   SOLE NONE 20,130 0 0
XINYUAN REAL ESTATE CO L-ADR COM 98417P105 325 65,594 SH   SOLE NONE 65,594 0 0
COSAN LTD-CLASS A SHARES COM G25343107 521 69,340 SH   SOLE NONE 69,340 0 0
CHUBB LTD COM H1467J104 505 3,820 SH   SOLE NONE 3,820 0 0