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
GLOBAL X FDS SCIEN BETA US 37954Y103 35,765 113,645 SH   SOLE   113,645 0 0
GLOBAL X FDS SCIEN BETA EUR 37954Y301 9,615 35,594 SH   SOLE   35,594 0 0
GLOBAL X FDS BETA ASIA EXJP 37954Y400 1,915 7,600 SH   SOLE   7,600 0 0
GLOBAL X FDS SCIEN BETA JPN 37954Y509 8,671 28,937 SH   SOLE   28,937 0 0
ISHARES INC MSCI PAC JP ETF 464286665 35,352 76,835 SH   SOLE   76,835 0 0
ISHARES INC CORE MSCI EMKT 46434G103 26,260 50,009 SH   SOLE   50,009 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 39,104 67,526 SH   SOLE   67,526 0 0
ISHARES TR CORE US AGGBD ET 464287226 142,150 133,700 SH   SOLE   133,700 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 8,646 19,953 SH   SOLE   19,953 0 0
ISHARES TR EUROPE ETF 464287861 82,011 183,429 SH   SOLE   183,429 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 43,427 16,008 SH   SOLE   16,008 0 0