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
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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
ABBOTT LABS COM 002824100 261 5,312 SH   SOLE   5,312 0 0
ABBVIE INC COM 00287Y109 324 4,820 SH   SOLE   4,820 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 21,201 257,699 SH   SOLE   257,699 0 0
APPLE INC COM 037833100 343 2,735 SH   SOLE   2,735 0 0
BAIDU INC SPON ADR REP A 056752108 22,495 112,993 SH   SOLE   112,993 0 0
BAXTER INTL INC COM 071813109 577 8,250 SH   SOLE   8,250 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 205 1 SH   SOLE   1 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 941 6,910 SH   SOLE   6,910 0 0
BRF SA SPONSORED ADR 10552T107 7,598 363,368 SH   SOLE   363,368 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 21,978 2,399,389 SH   SOLE   2,399,389 0 0
COCA COLA CO COM 191216100 489 12,466 SH   SOLE   12,466 0 0
COLGATE PALMOLIVE CO COM 194162103 481 7,350 SH   SOLE   7,350 0 0
CU BANCORP CALIF COM 126534106 224 10,087 SH   SOLE   10,087 0 0
DBX ETF TR ST KOREA HD FD 233051812 81,757 3,492,380 SH   SOLE   3,492,380 0 0
EATON VANCE TAX MNGD GBL DV COM 27829F108 557 57,492 SH   SOLE   57,492 0 0
EMBRAER S A SP ADR REP 4 COM 29082A107 6,483 214,038 SH   SOLE   214,038 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 1,125 16,030 SH   SOLE   16,030 0 0
GENERAL ELECTRIC CO COM 369604103 572 21,545 SH   SOLE   21,545 0 0
GENERAL MLS INC COM 370334104 429 7,702 SH   SOLE   7,702 0 0
GILEAD SCIENCES INC COM 375558103 563 4,810 SH   SOLE   4,810 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 386 2,376 SH   SOLE   2,376 0 0
ISHARES MSCI BRZ CAP ETF 464286400 16,062 490,134 SH   SOLE   490,134 0 0
ISHARES EM MK MINVOL ETF 464286533 505 8,750 SH   SOLE   8,750 0 0
ISHARES MSCI CH CAP ETF 464286640 19,574 513,489 SH   SOLE   513,489 0 0
ISHARES MSCI TURKEY ETF 464286715 10,577 234,320 SH   SOLE   234,320 0 0
ISHARES MSCI TAIWAN ETF 464286731 187,538 11,884,516 SH   SOLE   11,884,516 0 0
ISHARES MSCI STH AFR ETF 464286780 6,995 106,892 SH   SOLE   106,892 0 0
ISHARES MSCI GERMANY ETF 464286806 34,437 1,235,171 SH   SOLE   1,235,171 0 0
ISHARES MSCI NETHERL ETF 464286814 15,557 605,555 SH   SOLE   605,555 0 0
ISHARES MSCI MEX CAP ETF 464286822 426 7,459 SH   SOLE   7,459 0 0
ISHARES 3-7 YR TR BD ETF 464288661 1,069 8,691 SH   SOLE   8,691 0 0
ISHARES U.S. PFD STK ETF 464288687 3,365 85,901 SH   SOLE   85,901 0 0
ISHARES GOLD TRUST ISHARES 464285105 1,520 134,050 SH   SOLE   134,050 0 0
ISHARES INC MSCI RUSSIA CAP 46434G806 2,925 207,327 SH   SOLE   207,327 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 126,008 2,733,367 SH   SOLE   2,733,367 0 0
ISHARES TR 20+ YR TR BD ETF 464287432 561 4,775 SH   SOLE   4,775 0 0
ISHARES TR COHEN&STEER REIT 464287564 538 6,000 SH   SOLE   6,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 250 2,000 SH   SOLE   2,000 0 0
ISHARES TR MSCI INDONIA ETF 46429B309 8,968 387,065 SH   SOLE   387,065 0 0
ISHARES TR MSCI INDIA ETF 46429B598 2,018 66,565 SH   SOLE   66,565 0 0
ISHARES TR EAFE MIN VOL ETF 46429B689 1,097 16,800 SH   SOLE   16,800 0 0
ISHARES TR USA MIN VOL ETF 46429B697 3,975 98,580 SH   SOLE   98,580 0 0
ISHARES TR HDG MSCI GERMN 46434V704 22,048 845,093 SH   SOLE   845,093 0 0
JOHNSON & JOHNSON COM 478160104 642 6,592 SH   SOLE   6,592 0 0
KRANESHARES TR CSI CHI INTERNET 500767306 1,244 30,628 SH   SOLE   30,628 0 0
MARKET VECTORS ETF TR VIETNAM ETF 57060U761 2,438 130,783 SH   SOLE   130,783 0 0
MERCK & CO INC NEW COM 58933Y105 504 8,849 SH   SOLE   8,849 0 0
MONDELEZ INTL INC CL A 609207105 310 7,527 SH   SOLE   7,527 0 0
ORACLE CORP COM 68389X105 401 9,950 SH   SOLE   9,950 0 0
PEPSICO INC COM 713448108 547 5,855 SH   SOLE   5,855 0 0
PIMCO ETF TR TTL RTN ACTV ETF 72201R775 1,680 15,700 SH   SOLE   15,700 0 0
PROCTER & GAMBLE CO COM 742718109 784 10,022 SH   SOLE   10,022 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 214 5,171 SH   SOLE   5,171 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,111 18,790 SH   SOLE   18,790 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 28,827 770,158 SH   SOLE   770,158 0 0
SPDR SER TR SHT TRM HGH YLD 78468R408 60,016 2,075,952 SH   SOLE   2,075,952 0 0
STARBUCKS CORP COM 855244109 685 12,784 SH   SOLE   12,784 0 0
VANGUARD INDEX FDS REIT ETF 922908553 1,094 14,650 SH   SOLE   14,650 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 813 7,600 SH   SOLE   7,600 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 3,811 47,886 SH   SOLE   47,886 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 6,159 72,196 SH   SOLE   72,196 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 2,439 28,591 SH   SOLE   28,591 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 2,375 30,225 SH   SOLE   30,225 0 0
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 520 3,718 SH   SOLE   3,718 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 480 10,301 SH   SOLE   10,301 0 0
VIMPELCOM LTD SPONSORED ADR 92719A106 8,323 1,674,644 SH   SOLE   1,674,644 0 0
VISA INC COM CL A 92826C839 310 4,623 SH   SOLE   4,623 0 0
WAL-MART STORES INC COM 931142103 338 4,761 SH   SOLE   4,761 0 0
WISDOMTREE TR INDIA ERNGS FD 97717W422 110,226 5,086,587 SH   SOLE   5,086,587 0 0