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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
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
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
ISHARES MSCI JAPAN ETF 464286848 32,025 2,500,000 SH Call SOLE   2,500,000 0 0
ISHARES MSCI TAIWAN ETF 464286731 9,552 605,326 SH   SOLE   605,326 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 70,521 1,529,748 SH   SOLE   1,529,748 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 118,860 3,000,000 SH Call SOLE   3,000,000 0 0