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 14,710 444,245 SH   SOLE   444,245 0 0
GLOBAL X FDS SCIEN BETA EUR 37954Y301 1,181 43,594 SH   SOLE   43,594 0 0
GLOBAL X FDS BETA ASIA EXJP 37954Y400 220 8,800 SH   SOLE   8,800 0 0
GLOBAL X FDS SCIEN BETA JPN 37954Y509 1,067 34,600 SH   SOLE   34,600 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 1,861 30,900 SH   SOLE   30,900 0 0
ISHARES TR CORE US AGGBD ET 464287226 7,798 73,900 SH   SOLE   73,900 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 494 11,500 SH   SOLE   11,500 0 0
ISHARES TR EUROPE ETF 464287861 4,714 104,600 SH   SOLE   104,600 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,471 8,500 SH   SOLE   8,500 0 0
SSGA ACTIVE ETF TR SPDR TR TACTIC 78467V848 2,802 59,300 SH   SOLE   59,300 0 0