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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
SPDR SERIES TRUST S&P DIVID ETF 78464A763 2,340 26,550 SH   DFND   26,550 0 0
ISHARES TR MSCI EAFE ETF 464287465 1,744 28,000 SH   DFND   28,000 0 0
ISHARES TR MSCI AC ASIA ETF 464288182 3,877 61,600 SH   DFND   61,600 0 0