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
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
ALPS ETF TR ALERIAN MLP 00162Q866 6,272 524,410 SH   SOLE   524,410 0 0
GASTAR EXPL INC NEW COM 36729W202 66 71,170 SH   SOLE   71,170 0 0
GLOBAL X FDS GB MSCI AR ETF 37950E259 108 3,690 SH   SOLE   3,690 0 0
GLOBAL X FDS GLBX MSCI COLUM 37950E200 64 6,570 SH   SOLE   6,570 0 0
GLOBAL X FDS MSCI GREECE ETF 37950E366 203 20,100 SH   SOLE   20,100 0 0
ISHARES ALL PERU CAP ETF 464289842 62 1,820 SH   SOLE   1,820 0 0
ISHARES MSCI BRZ CAP ETF 464286400 9,797 286,970 SH   SOLE   286,970 0 0
ISHARES MSCI CH CAP ETF 464286640 66 1,585 SH   SOLE   1,585 0 0
ISHARES MSCI EURO FL ETF 464289180 518 23,630 SH   SOLE   23,630 0 0
ISHARES MSCI EURZONE ETF 464286608 1,000 24,800 SH   SOLE   24,800 0 0
ISHARES MSCI FRANCE ETF 464286707 587 20,400 SH   SOLE   20,400 0 0
ISHARES MSCI MEX CAP ETF 464286822 14,995 278,000 SH   SOLE   278,000 0 0
ISHARES MSCI SPAN CP ETF 464286764 506 15,400 SH   SOLE   15,400 0 0
ISHARES MSCI STH KOR ETF 464286772 12,101 178,460 SH   SOLE   178,460 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 11,479 321,000 SH   SOLE   321,000 0 0
ISHARES TR CHINA ETF 46429B671 18,453 337,410 SH   SOLE   337,410 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 1,038 25,070 SH   SOLE   25,070 0 0
SPDR SERIES TRUST OILGAS EQUIP 78464A748 10,633 687,360 SH   SOLE   687,360 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 5,127 160,635 SH   SOLE   160,635 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 15,777 287,120 SH   SOLE   287,120 0 0
TPG SPECIALTY LENDING INC COM 87265K102 9,121 446,027 SH   SOLE   446,027 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 1,621 73,435 SH   SOLE   73,435 0 0
VANECK VECTORS ETF TR VIETNAM ETF 92189F817 65 4,373 SH   SOLE   4,373 0 0
WISDOM TREE TR EUROPE HEDGED EQ 97717X701 30,292 486,000 SH   SOLE   486,000 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 1,009 19,400 SH   SOLE   19,400 0 0