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
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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 TR MSCI EMG MKT ETF 464287234 7,988 203,300 SH   SOLE NONE 203,300 0 0
WESTERN DIGITAL CORP COM 958102105 16,063 145,100 SH   SOLE NONE 145,100 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 5,055 126,300 SH   SOLE NONE 126,300 0 0
WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 3,616 107,400 SH   SOLE NONE 107,400 0 0
ADECOAGRO S A COM L00849106 626 78,100 SH   SOLE NONE 78,100 0 0
BAIDU INC SPON ADR REP A 056752108 16,300 71,500 SH   SOLE NONE 71,500 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 6,287 70,400 SH   SOLE NONE 70,400 0 0
MARKET VECTORS ETF VIETNAM ETF 57060U761 835 43,000 SH   SOLE NONE 43,000 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 247 12,900 SH   SOLE NONE 12,900 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 269 12,000 SH   SOLE NONE 12,000 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 257 5,000 SH   SOLE NONE 5,000 0 0