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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
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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
ISHARES TR CHINA LG-CAP ETF 464287184 53,588 1,676,188 SH   SOLE   1,676,188 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 38,364 12,000 SH Put SOLE   12,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 9,591 3,000 SH Put SOLE   3,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 96 30 SH Put SOLE   30 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 9,495 2,970 SH Put SOLE   2,970 0 0
SPDR SER TR S&P OILGAS EXP 78468R556 1,376 10,226 SH   SOLE   10,226 0 0
VANECK ETF TRUST SEMICONDUCTR ETF 92189F676 3,219 11,932 SH   SOLE   11,932 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 10,020 97,302 SH   SOLE   97,302 0 0
VANECK ETF TRUST AGRIBUSINESS ETF 92189F700 5,716 54,680 SH   SOLE   54,680 0 0