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

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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ABBOTT LABSCOM0028241002395,317SH SOLE 5,31700
ABBVIE INCCOM00287Y1093095,225SH SOLE 5,22500
ALIBABA GROUP HLDG LTDSPONSORED ADS01609W1028,194100,826SH SOLE 100,82600
APPLE INCCOM0378331003833,635SH SOLE 3,63500
AVALONBAY CMNTYS INCCOM0534841016903,750SH SOLE 3,75000
BAXALTA INCCOM07177M1032265,800SH SOLE 5,80000
BAXTER INTL INCCOM0718131092065,400SH SOLE 5,40000
BERKSHIRE HATHAWAY INC DELCL B NEW0846707029267,010SH SOLE 7,01000
BLACKROCK CALIF MUN INCOME TSH BEN INT09248E10240725,500SH SOLE 25,50000
CENTRAL FD CDA LTDCL A15350110115815,800SH SOLE 15,80000
CHINA MOBILE LIMITEDSPONSORED ADR16941M10913,186234,078SH SOLE 234,07800
COCA COLA COCOM19121610061714,363SH SOLE 14,36300
COLGATE PALMOLIVE COCOM1941621034907,350SH SOLE 7,35000
CURRENCYSHS BRIT POUND STERBRIT POUND STE23129S1062441,691SH SOLE 1,69100
DBX ETF TRST KOREA HD FD23305181271,2033,177,300SH SOLE 3,177,30000
EATON VANCE TAX MNGD GBL DVCOM27829F10830334,263SH SOLE 34,26300
EMBRAER S ASP ADR REP 4 COM29082A1071,08936,849SH SOLE 36,84900
EQUITY RESIDENTIALSH BEN INT29476L1071,42217,430SH SOLE 17,43000
GENERAL ELECTRIC COCOM36960410370522,626SH SOLE 22,62600
GENERAL MLS INCCOM3703341044447,702SH SOLE 7,70200
GILEAD SCIENCES INCCOM3755581035885,810SH SOLE 5,81000
INFOSYS LTDSPONSORED ADR4567881089,939593,350SH SOLE 593,35000
INTERNATIONAL BUSINESS MACHSCOM4592001012932,126SH SOLE 2,12600
ISHARESMSCI CH CAP ETF4642866406,085190,644SH SOLE 190,64400
ISHARESMSCI TURKEY ETF4642867155,163141,990SH SOLE 141,99000
ISHARESMSCI TAIWAN ETF46428673185,7076,711,570SH SOLE 6,711,57000
ISHARESMSCI MALAYSI ETF4642868303,587463,461SH SOLE 463,46100
ISHARES GOLD TRUSTISHARES46428510565163,650SH SOLE 63,65000
ISHARES INCMSCI RUSSIA CAP46434G80611,6551,047,178SH SOLE 1,047,17800
ISHARES TR20+ YR TR BD ETF46428743231,245259,122SH SOLE 259,12200
ISHARES TRCOHEN&STEER REIT4642875643974,000SH SOLE 4,00000
ISHARES TRRUSSELL 2000 ETF4642876555364,755SH SOLE 4,75500
ISHARES TRU.S. PFD STK ETF4642886872726,990SH SOLE 6,99000
ISHARES TRMSCI INDONIA ETF46429B3097,981382,419SH SOLE 382,41900
ISHARES TRMSCI PHILIPS ETF46429B4089,515281,998SH SOLE 281,99800
ISHARES TRMSCI INDIA ETF46429B59843,2951,574,372SH SOLE 1,574,37200
ISHARES TRMSCI POL CAP ETF46429B6066,264346,564SH SOLE 346,56400
ISHARES TRCHINA ETF46429B67171,7061,607,045SH SOLE 1,607,04500
ISHARES TREAFE MIN VOL ETF46429B6891,31620,280SH SOLE 20,28000
ISHARES TRUSA MIN VOL ETF46429B6974,769114,030SH SOLE 114,03000
ISHARES TRHDG MSCI EAFE46434V8032379,320SH SOLE 9,32000
ISHARES TRHDG MSCI JAPAN46434V8862117,362SH SOLE 7,36200
ISHARES TRMSCI SO KOREA46435G88831,9051,371,689SH SOLE 1,371,68900
ITAU UNIBANCO HLDG SASPON ADR REP PFD4655621061,088167,135SH SOLE 167,13500
JD COM INCSPON ADR CL A47215P1068,140252,294SH SOLE 252,29400
JOHNSON & JOHNSONCOM4781601046676,492SH SOLE 6,49200
KRANESHARES TRCSI CHI INTERNET50076730641,6801,084,686SH SOLE 1,084,68600
MARKET VECTORS ETF TRVIETNAM ETF57060U7613,617244,558SH SOLE 244,55800
MERCK & CO INC NEWCOM58933Y1054678,849SH SOLE 8,84900
MONDELEZ INTL INCCL A6092071053387,527SH SOLE 7,52700
ORACLE CORPCOM68389X1053459,450SH SOLE 9,45000
PEPSICO INCCOM7134481085855,855SH SOLE 5,85500
PIMCO ETF TRTTL RTN ACTV ETF72201R7751,51614,550SH SOLE 14,55000
PIMCO ETF TRENHAN SHRT MA AC72201R8335335,300SH SOLE 5,30000
PROCTER & GAMBLE COCOM74271810984510,639SH SOLE 10,63900
SELECT SECTOR SPDR TRSBI CONS STPLS81369Y30821,537426,569SH SOLE 426,56900
SELECT SECTOR SPDR TRSBI INT-UTILS81369Y88619,530451,238SH SOLE 451,23800
SOHU COM INCCOM83408W1032,12037,071SH SOLE 37,07100
SPDR GOLD TRUSTGOLD SHS78463V1071,41913,990SH SOLE 13,99000
STARBUCKS CORPCOM85524410976212,694SH SOLE 12,69400
TATA MTRS LTDSPONSORED ADR8765685027,920268,752SH SOLE 268,75200
VANGUARD BD INDEX FD INCSHORT TRM BOND9219378272393,000SH SOLE 3,00000
VANGUARD INDEX FDSREIT ETF92290855394111,800SH SOLE 11,80000
VANGUARD INDEX FDSTOTAL STK MKT9229087692,62625,180SH SOLE 25,18000
VANGUARD SCOTTSDALE FDSLG-TERM COR BD92206C81338,605458,606SH SOLE 458,60600
VANGUARD SPECIALIZED PORTFOLDIV APP ETF9219088442,73135,125SH SOLE 35,12500
VANGUARD WORLD FDSHEALTH CAR ETF92204A5042862,150SH SOLE 2,15000
VERIZON COMMUNICATIONS INCCOM92343V10450811,001SH SOLE 11,00100
VISA INCCOM CL A92826C8394415,690SH SOLE 5,69000
WAL-MART STORES INCCOM9311421032764,500SH SOLE 4,50000
WISDOMTREE TRINDIA ERNGS FD97717W4221,40070,514SH SOLE 70,51400
WISDOMTREE TREUROPE HEDGED EQ97717X7012564,760SH SOLE 4,76000
YANDEX N VSHS CLASS AN972841081,09969,889SH SOLE 69,88900
YY INCADS REPCOM CLA98426T1065,40586,524SH SOLE 86,52400