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

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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
HDFC BANK LTD ADR REPS 3 SHS 40415F101 3,728 56,184 SH   SOLE   56,184 0 0
EGA EMERGING GLOBAL SHS TR INDIA CONSUMER 268461761 871 26,100 SH   SOLE   26,100 0 0
ISHARES MSCI JAPAN ETF 464286848 1,230 103,967 SH   SOLE   103,967 0 0
ISHARES MSCI AUST ETF 464286103 381 18,866 SH   SOLE   18,866 0 0
ISHARES MSCI CDA ETF 464286509 459 18,208 SH   SOLE   18,208 0 0
ISHARES MSCI EURZONE ETF 464286608 3,757 115,136 SH   SOLE   115,136 0 0
ISHARES TR LATN AMER 40 ETF 464287390 283 10,177 SH   SOLE   10,177 0 0
ISHARES TR CORE US TR BD 46429B267 5,023 191,952 SH   SOLE   191,952 0 0
ISHARES TR MSCI AC ASIA ETF 464288182 1,654 29,239 SH   SOLE   29,239 0 0
ISHARES TR IBOXX HI YD ETF 464288513 385 4,492 SH   SOLE   4,492 0 0
ISHARES TR IBOXX INV CP ETF 464287242 382 3,100 SH   SOLE   3,100 0 0
ISHARES TR MSCI INDONIA ETF 46429B309 4,567 186,676 SH   SOLE   186,676 0 0
ISHARES U S ETF TR COMMOD SEL STG 46431W853 264 8,219 SH   SOLE   8,219 0 0
MAKEMYTRIP LIMITED MAURITIUS SHS V5633W109 668 44,978 SH   SOLE   44,978 0 0
MARKET VECTORS ETF TR INDIA SMALL CP 57061R551 1,517 35,800 SH   SOLE   35,800 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 8,770 40,566 SH   SOLE   40,566 0 0