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
EGA EMERGING GLOBAL SHS TR EGS EMKTCONS ETF 268461779 238,631 8,602,398 SH   SOLE   8,602,398 0 0
CLAYMORE EXCHANGE TRADED FD GUGGENHEIM ENHANCED SHORT DURATION 18383M654 144,694 2,875,484 SH   SOLE   2,875,484 0 0
ISHARES TR AAA A RATED CP 46429B291 397,116 7,716,984 SH   SOLE   7,716,984 0 0
ISHARES TR BARCLYS 1-3 YR 464287457 85,905 1,016,029 SH   SOLE   1,016,029 0 0
ISHARES TR 1-3 YR CR BD ETF 464288646 826 7,823 SH   SOLE   7,823 0 0
ISHARES TR Barclys 7-10yr 464287440 564,047 5,449,734 SH   SOLE   5,449,734 0 0
ISHARES TR FLTG RATE NT 46429B655 114,649 2,257,305 SH   SOLE   2,257,305 0 0
ISHARES GOLD TRUST ISHARES 464285105 724,577 56,829,530 SH   SOLE   56,829,530 0 0
ISHARES INTL DEV RE ETF 464288489 2,097 65,390 SH   SOLE   65,390 0 0
ISHARES TR JPMORGAN USD 464288281 941 8,144 SH   SOLE   8,144 0 0
ISHARES TR EAFE MIN VOL 46429B689 62,036 950,455 SH   SOLE   950,455 0 0
ISHARES CORE TOTUSBD ETF 464287226 485 4,433 SH   SOLE   4,433 0 0
ISHARES INC MSCI GERMAN 464286806 1,175,238 37,643,738 SH   SOLE   37,643,738 0 0
WISDOMTREE TR EM LCL DEBT FD 97717X867 3,767 79,345 SH   SOLE   79,345 0 0
ISHARES INC MSCI UTD KINGD 464286699 603,116 28,926,427 SH   SOLE   28,926,427 0 0
ISHARES RUSSELL 2000 464287655 610,904 5,162,282 SH   SOLE   5,162,282 0 0
ISHARES SHRT TRS BD ETF 464288679 203 1,838 SH   SOLE   1,838 0 0
ISHARES TR BARCLYS TIPS BD 464287176 388,613 3,369,133 SH   SOLE   3,369,133 0 0
WISDOMTREE TR EMERG CUR STR FD 97717W133 1,195 58,045 SH   SOLE   58,045 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 989,628 9,237,635 SH   SOLE   9,237,635 0 0
PIMCO ETF TR ENHAN SHRT MAT 72201R833 144,490 1,423,832 SH   SOLE   1,423,832 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 742,544 27,769,044 SH   SOLE   27,769,044 0 0
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 1,588 82,154 SH   SOLE   82,154 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1,216,980 12,981,116 SH   SOLE   12,981,116 0 0
POWERSHARES ETF TR II S&P 500 LOW VOL 73937B779 565,980 15,920,663 SH   SOLE   15,920,663 0 0
SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 5,840 96,219 SH   SOLE   96,219 0 0
SPDR SERIES TRUST BARC SHT TR CP 78464A474 994,649 32,293,809 SH   SOLE   32,293,809 0 0
SPDR SERIES TRUST DB INT GVT ETF 78464A490 1,733 28,000 SH   SOLE   28,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 26,296 207,607 SH   SOLE   207,607 0 0
SPDR S&P 500 ETF TRUST TR Unit 78462F103 1,214,231 6,200,752 SH   SOLE   6,200,752 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 1,354,366 17,385,956 SH   SOLE   17,385,955 0 0
VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETF 921943858 701,118 16,481,386 SH   SOLE   16,481,386 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 297,776 6,892,954 SH   SOLE   6,892,954 0 0
SPDR SERIES TRUST SHT TRM HGH YLD 78468R408 273 8,820 SH   SOLE   8,820 0 0
VANGUARD INTL EQUITY INDEX FUND GLB EX US ETF 922042676 314,473 5,421,954 SH   SOLE   5,421,954 0 0
VANGUARD INDEX FDS REIT ETF 922908553 962,654 12,831,966 SH   SOLE   12,831,966 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 1,370,735 16,685,753 SH   SOLE   16,685,753 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 827,451 8,133,792 SH   SOLE   8,133,792 0 0
WISDOMTREE TR ASIA LC DBT FD 97717X842 266,620 5,401,544 SH   SOLE   5,401,544 0 0
WISDOMTREE TR JAPAN HEDGED EQ 97717W851 607,064 12,348,730 SH   SOLE   12,348,730 0 0
WISDOMTREE TR INDIA ERNGS FD 97717W422 239,117 10,727,540 SH   SOLE   10,727,540 0 0
GLOBAL X FDS GLB E NXT EMRG 37950E218 148,698 5,612,299 SH   SOLE   5,612,299 0 0
EGA EMERGING GLOBAL SHS TR EGSHR BYND BRC 268461639 118,587 5,391,221 SH   SOLE   5,391,221 0 0
FUSION-IO INC COM 36112J107 163 14,383 SH   SOLE   14,383 0 0