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 957,386 24,103,376 SH   SOLE   24,103,376 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 846,591 21,541,754 SH   SOLE   21,541,754 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 815,153 6,719,033 SH   SOLE   6,719,033 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 665,628 4,841,635 SH   SOLE   4,841,635 0 0
ISHARES TR JP MOR EM MK ETF 464288281 618,982 5,443,995 SH   SOLE   5,443,995 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 562,979 6,943,503 SH   SOLE   6,943,503 0 0
ISHARES TR TIPS BD ETF 464287176 463,620 4,043,788 SH   SOLE   4,043,788 0 0
ISHARES GOLD TRUST ISHARES 464285105 451,610 37,602,827 SH   SOLE   37,602,827 0 0
ISHARES TR IBOXX HI YD ETF 464288513 338,062 3,851,245 SH   SOLE   3,851,245 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 328,187 2,479,127 SH   SOLE   2,479,127 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 278,384 1,180,896 SH   SOLE   1,180,896 0 0
PIMCO ETF TR ENHAN SHRT MA AC 72201R833 273,603 2,691,617 SH   SOLE   2,691,617 0 0
ISHARES TR 7-10 Y TR BD ETF 464287440 242,575 2,297,330 SH   SOLE   2,297,330 0 0
POWERSHARES ETF TR II S&P500 LOW VOL 73937B779 241,501 5,555,584 SH   SOLE   5,555,584 0 0
ISHARES TR IBOXX INV CP ETF 464287242 236,381 2,004,756 SH   SOLE   2,004,756 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 207,865 2,311,155 SH   SOLE   2,311,155 0 0
ISHARES TR MSCI UK ETF NEW 46435G334 195,836 6,016,467 SH   SOLE   6,016,467 0 0
ISHARES TR MIN VOL EAFE ETF 46429B689 161,854 2,452,339 SH   SOLE   2,452,339 0 0
ISHARES TR 20 YR TR BD ETF 464287432 153,825 1,274,337 SH   SOLE   1,274,337 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 153,212 1,773,694 SH   SOLE   1,773,694 0 0
ISHARES U S ETF TR COMMOD SEL STG 46431W853 52,568 1,567,332 SH   SOLE   1,567,332 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 31,446 311,159 SH   SOLE   311,159 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 217 1,825 SH   SOLE   1,825 0 0