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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
ISHARES 1-3 YR CR BD ETF 464288646 9,200 87,236 SH   SOLE   87,236 0 0
ISHARES IBOXX HI YD ETF 464288513 18,912 203,616 SH   SOLE   203,616 0 0
ISHARES MSCI ACWI ETF 464288257 104,333 1,810,702 SH   SOLE   1,810,702 0 0