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 214 5,314 SH   SOLE   5,314 0 0
ABBVIE INC COM 00287Y109 262 4,822 SH   SOLE   4,822 0 0
APPLE INC COM 037833100 302 2,735 SH   SOLE   2,735 0 0
AVALONBAY CMNTYS INC COM 053484101 533 3,050 SH   SOLE   3,050 0 0
BAIDU INC SPON ADR REP A 056752108 5,499 40,017 SH   SOLE   40,017 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 901 6,910 SH   SOLE   6,910 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 3,843 549,723 SH   SOLE   549,723 0 0
COCA COLA CO COM 191216100 576 14,363 SH   SOLE   14,363 0 0
COLGATE PALMOLIVE CO COM 194162103 466 7,350 SH   SOLE   7,350 0 0
CURRENCYSHS JAPANESE YEN TR JAPANESE YEN 23130A102 18,870 233,455 SH   SOLE   233,455 0 0
DBX ETF TR ST KOREA HD FD 233051812 90,504 4,140,185 SH   SOLE   4,140,185 0 0
EATON VANCE TAX MNGD GBL DV COM 27829F108 248 29,918 SH   SOLE   29,918 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 1,204 16,030 SH   SOLE   16,030 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 16,186 181,359 SH   SOLE   181,359 0 0
GENERAL ELECTRIC CO COM 369604103 570 22,587 SH   SOLE   22,587 0 0
GENERAL MLS INC COM 370334104 432 7,702 SH   SOLE   7,702 0 0
GILEAD SCIENCES INC COM 375558103 472 4,810 SH   SOLE   4,810 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 344 2,376 SH   SOLE   2,376 0 0
ISHARES MSCI CH CAP ETF 464286640 35,750 1,084,639 SH   SOLE   1,084,639 0 0
ISHARES MSCI TAIWAN ETF 464286731 37,996 2,887,227 SH   SOLE   2,887,227 0 0
ISHARES MSCI STH AFR ETF 464286780 47,406 883,127 SH   SOLE   883,127 0 0
ISHARES MSCI NETHERL ETF 464286814 354 15,116 SH   SOLE   15,116 0 0
ISHARES MSCI MEX CAP ETF 464286822 4,153 80,540 SH   SOLE   80,540 0 0
ISHARES GOLD TRUST ISHARES 464285105 1,474 136,780 SH   SOLE   136,780 0 0
ISHARES INC MSCI RUSSIA CAP 46434G806 28,797 2,372,114 SH   SOLE   2,372,114 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 5,400 389,365 SH   SOLE   389,365 0 0
ISHARES TR CORE US AGGBD ET 464287226 32,696 298,375 SH   SOLE   298,375 0 0
ISHARES TR COHEN&STEER REIT 464287564 370 4,000 SH   SOLE   4,000 0 0
ISHARES TR 3-7 YR TR BD ETF 464288661 1,083 8,691 SH   SOLE   8,691 0 0
ISHARES TR U.S. PFD STK ETF 464288687 432 11,200 SH   SOLE   11,200 0 0
ISHARES TR MSCI INDONIA ETF 46429B309 4,246 240,044 SH   SOLE   240,044 0 0
ISHARES TR MSCI INDIA ETF 46429B598 68,502 2,397,675 SH   SOLE   2,397,675 0 0
ISHARES TR CHINA ETF 46429B671 124,678 2,845,881 SH   SOLE   2,845,881 0 0
ISHARES TR EAFE MIN VOL ETF 46429B689 808 12,950 SH   SOLE   12,950 0 0
ISHARES TR USA MIN VOL ETF 46429B697 3,907 98,680 SH   SOLE   98,680 0 0
JOHNSON & JOHNSON COM 478160104 615 6,592 SH   SOLE   6,592 0 0
KRANESHARES TR CSI CHI INTERNET 500767306 34,538 1,150,675 SH   SOLE   1,150,675 0 0
MARKET VECTORS ETF TR VIETNAM ETF 57060U761 3,257 210,378 SH   SOLE   210,378 0 0
MERCK & CO INC NEW COM 58933Y105 437 8,849 SH   SOLE   8,849 0 0
MONDELEZ INTL INC CL A 609207105 315 7,527 SH   SOLE   7,527 0 0
ORACLE CORP COM 68389X105 359 9,950 SH   SOLE   9,950 0 0
PEPSICO INC COM 713448108 552 5,855 SH   SOLE   5,855 0 0
PIMCO ETF TR TTL RTN ACTV ETF 72201R775 1,629 15,450 SH   SOLE   15,450 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 632 6,683 SH   SOLE   6,683 0 0
PIMCO ETF TR ENHAN SHRT MA AC 72201R833 534 5,300 SH   SOLE   5,300 0 0
PROCTER & GAMBLE CO COM 742718109 729 10,130 SH   SOLE   10,130 0 0
PROSHARES TR SHRT HGH YIELD 74347R131 8,495 297,433 SH   SOLE   297,433 0 0
PROSHARES TR II PROSHS SHT EUR 74347W742 19,561 457,279 SH   SOLE   457,279 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 217 5,014 SH   SOLE   5,014 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,468 23,092 SH   SOLE   23,092 0 0
SPDR SERIES TRUST BRC BLD AMER BD 78464A276 249 4,137 SH   SOLE   4,137 0 0
STARBUCKS CORP COM 855244109 722 12,694 SH   SOLE   12,694 0 0
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 241 3,000 SH   SOLE   3,000 0 0
VANGUARD INDEX FDS REIT ETF 922908553 967 12,800 SH   SOLE   12,800 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 2,103 24,441 SH   SOLE   24,441 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 65,844 770,733 SH   SOLE   770,733 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 2,236 30,325 SH   SOLE   30,325 0 0
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 264 2,150 SH   SOLE   2,150 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 448 10,301 SH   SOLE   10,301 0 0
VIMPELCOM LTD SPONSORED ADR 92719A106 3,029 736,162 SH   SOLE   736,162 0 0
VISA INC COM CL A 92826C839 396 5,689 SH   SOLE   5,689 0 0
WAL-MART STORES INC COM 931142103 309 4,761 SH   SOLE   4,761 0 0
WISDOMTREE TR EUROPE HEDGED EQ 97717X701 579 10,597 SH   SOLE   10,597 0 0