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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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
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 938,699 26,235,309 SH   SOLE   26,235,309 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 754,908 6,546,203 SH   SOLE   6,546,203 0 0
ISHARES TR IBOXX HI YD ETF 464288513 719,909 8,317,837 SH   SOLE   8,317,837 0 0
ISHARES TR JP MOR EM MK ETF 464288281 678,071 6,151,980 SH   SOLE   6,151,980 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 591,933 7,326,808 SH   SOLE   7,326,808 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 572,908 15,678,923 SH   SOLE   15,678,923 0 0
ISHARES TR TIPS BD ETF 464287176 506,185 4,472,786 SH   SOLE   4,472,786 0 0
ISHARES GOLD TRUST ISHARES 464285105 472,645 42,657,457 SH   SOLE   42,657,457 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 441,399 5,181,955 SH   SOLE   5,181,955 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 398,183 2,952,784 SH   SOLE   2,952,784 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 331,379 2,796,922 SH   SOLE   2,796,922 0 0
PIMCO ETF TR ENHAN SHRT MA AC 72201R833 289,088 2,852,931 SH   SOLE   2,852,931 0 0
ISHARES TR 7-10 Y TR BD ETF 464287440 280,720 2,678,115 SH   SOLE   2,678,115 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 265,216 1,186,491 SH   SOLE   1,186,491 0 0
ISHARES MSCI HONG KG ETF 464286871 263,328 13,548,254 SH   SOLE   13,548,254 0 0
POWERSHARES ETF TR II S&P500 LOW VOL 73937B779 258,087 6,206,988 SH   SOLE   6,206,988 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 236,726 4,775,584 SH   SOLE   4,775,584 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 168,445 1,965,517 SH   SOLE   1,965,517 0 0
ISHARES TR 20 YR TR BD ETF 464287432 166,674 1,399,096 SH   SOLE   1,399,096 0 0
ISHARES TR MIN VOL EAFE ETF 46429B689 165,541 2,704,038 SH   SOLE   2,704,038 0 0
ISHARES TR IBOXX INV CP ETF 464287242 161,061 1,374,473 SH   SOLE   1,374,473 0 0
ISHARES U S ETF TR COMMOD SEL STG 46431W853 60,136 1,753,753 SH   SOLE   1,753,753 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 34,353 348,464 SH   SOLE   348,464 0 0
VANGUARD WHITEHALL FDS INC EMERG MKT BD ETF 921946885 3,539 45,642 SH   SOLE   45,642 0 0
ISHARES INC CORE MSCI EMKT 46434G103 2,396 56,444 SH   SOLE   56,444 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,659 15,135 SH   SOLE   15,135 0 0
SPDR INDEX SHS FDS S&P CHINA ETF 78463X400 1,353 18,783 SH   SOLE   18,783 0 0
ISHARES TR INTL DEV RE ETF 464288489 839 31,909 SH   SOLE   31,909 0 0
ISHARES TR MSCI EAFE ETF 464287465 217 3,751 SH   SOLE   3,751 0 0