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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 AUST ETF 464286103 4,363 215,646 SH   SOLE   215,646 0 0
ISHARES MSCI CDA ETF 464286509 4,129 157,884 SH   SOLE   157,884 0 0
ISHARES MSCI EURO FL ETF 464289180 6,582 347,126 SH   SOLE   347,126 0 0
ISHARES MSCI EURZONE ETF 464286608 5,480 158,380 SH   SOLE   158,380 0 0
ISHARES GOLD TRUST ISHARES 464285105 4,984 449,818 SH   SOLE   449,818 0 0
ISHARES TR CORE S&P SCP ETF 464287804 9,647 70,153 SH   SOLE   70,153 0 0
ISHARES TR HDG MSCI JAPAN 46434V886 3,206 115,321 SH   SOLE   115,321 0 0
ISHARES TR IBOXX HI YD ETF 464288513 8,746 101,049 SH   SOLE   101,049 0 0
ISHARES TR JP MOR EM MK ETF 464288281 12,722 115,427 SH   SOLE   115,427 0 0
ISHARES TR TIPS BD ETF 464287176 4,297 37,966 SH   SOLE   37,966 0 0
ISHARES TR U.S. PFD STK ETF 464288687 15,119 406,324 SH   SOLE   406,324 0 0
ISHARES TR U.S. TECH ETF 464287721 6,533 54,331 SH   SOLE   54,331 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 7,453 320,567 SH   SOLE   320,567 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 3,297 59,330 SH   SOLE   59,330 0 0
VANECK VECTORS ETF TR FALLEN ANGEL HG 92189F437 8,408 292,160 SH   SOLE   292,160 0 0