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
ISHARES MSCI EMU INDEX 464286608 29,430 780,021 SH   SOLE   57,571 0 722,450
ISHARES MSCI FRNTR100ETF 464286145 12,193 386,948 SH   SOLE   34,195 0 352,753
ISHARES EAFE SML CP ETF 464288273 11,570 238,510 SH   SOLE   20,969 0 217,541
ISHARES ISHARES 46428Q109 10,458 500,379 SH   SOLE   43,863 0 456,516
ISHARES U.S. REAL ES ETF 464287739 16,172 253,526 SH   SOLE   16,471 0 237,055
ISHARES IBOXX INV CP ETF 464287242 16,664 146,792 SH   SOLE   2,837 0 143,955
ISHARES EAFE GRWTH ETF 464288885 13,872 203,616 SH   SOLE   17,844 0 185,772
ISHARES EAFE VALUE ETF 464288877 37,019 680,373 SH   SOLE   44,766 0 635,607
ISHARES RUS 2000 VAL ETF 464287630 1,290 14,072 SH   SOLE   1,303 0 12,769
ISHARES RUS MDCP VAL ETF 464287473 10,994 180,490 SH   SOLE   15,680 0 164,810
ISHARES RUS 1000 GRW ETF 464287614 233 2,981 SH   SOLE   0 0 2,981
ISHARES RUS 1000 VAL ETF 464287598 28,245 327,664 SH   SOLE   24,254 0 303,410
ISHARES GRWT ALLOCAT ETF 464289867 338 9,164 SH   SOLE   0 0 9,164
ISHARES MODERT ALLOC ETF 464289875 891 26,717 SH   SOLE   0 0 26,717
ISHARES U.S. PFD STK ETF 464288687 5,888 154,956 SH   SOLE   2,789 0 152,167
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 798 31,883 SH   SOLE   2,014 0 29,869
SPDR GOLD TRUST GOLD SHS 78463V107 259 2,022 SH   SOLE   0 0 2,022
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 35,983 854,104 SH   SOLE   55,750 0 798,354
SPDR INDEX SHS FDS INTL UTILT ETF 78463X632 349 19,677 SH   SOLE   0 0 19,677