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
ABBOTT LABS COM 002824100 239 5,317 SH   SOLE   5,317 0 0
ABBVIE INC COM 00287Y109 309 5,225 SH   SOLE   5,225 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 8,194 100,826 SH   SOLE   100,826 0 0
APPLE INC COM 037833100 383 3,635 SH   SOLE   3,635 0 0
AVALONBAY CMNTYS INC COM 053484101 690 3,750 SH   SOLE   3,750 0 0
BAXALTA INC COM 07177M103 226 5,800 SH   SOLE   5,800 0 0
BAXTER INTL INC COM 071813109 206 5,400 SH   SOLE   5,400 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 926 7,010 SH   SOLE   7,010 0 0
BLACKROCK CALIF MUN INCOME T SH BEN INT 09248E102 407 25,500 SH   SOLE   25,500 0 0
CENTRAL FD CDA LTD CL A 153501101 158 15,800 SH   SOLE   15,800 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 13,186 234,078 SH   SOLE   234,078 0 0
COCA COLA CO COM 191216100 617 14,363 SH   SOLE   14,363 0 0
COLGATE PALMOLIVE CO COM 194162103 490 7,350 SH   SOLE   7,350 0 0
CURRENCYSHS BRIT POUND STER BRIT POUND STE 23129S106 244 1,691 SH   SOLE   1,691 0 0
DBX ETF TR ST KOREA HD FD 233051812 71,203 3,177,300 SH   SOLE   3,177,300 0 0
EATON VANCE TAX MNGD GBL DV COM 27829F108 303 34,263 SH   SOLE   34,263 0 0
EMBRAER S A SP ADR REP 4 COM 29082A107 1,089 36,849 SH   SOLE   36,849 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 1,422 17,430 SH   SOLE   17,430 0 0
GENERAL ELECTRIC CO COM 369604103 705 22,626 SH   SOLE   22,626 0 0
GENERAL MLS INC COM 370334104 444 7,702 SH   SOLE   7,702 0 0
GILEAD SCIENCES INC COM 375558103 588 5,810 SH   SOLE   5,810 0 0
INFOSYS LTD SPONSORED ADR 456788108 9,939 593,350 SH   SOLE   593,350 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 293 2,126 SH   SOLE   2,126 0 0
ISHARES MSCI CH CAP ETF 464286640 6,085 190,644 SH   SOLE   190,644 0 0
ISHARES MSCI TURKEY ETF 464286715 5,163 141,990 SH   SOLE   141,990 0 0
ISHARES MSCI TAIWAN ETF 464286731 85,707 6,711,570 SH   SOLE   6,711,570 0 0
ISHARES MSCI MALAYSI ETF 464286830 3,587 463,461 SH   SOLE   463,461 0 0
ISHARES GOLD TRUST ISHARES 464285105 651 63,650 SH   SOLE   63,650 0 0
ISHARES INC MSCI RUSSIA CAP 46434G806 11,655 1,047,178 SH   SOLE   1,047,178 0 0
ISHARES TR 20+ YR TR BD ETF 464287432 31,245 259,122 SH   SOLE   259,122 0 0
ISHARES TR COHEN&STEER REIT 464287564 397 4,000 SH   SOLE   4,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 536 4,755 SH   SOLE   4,755 0 0
ISHARES TR U.S. PFD STK ETF 464288687 272 6,990 SH   SOLE   6,990 0 0
ISHARES TR MSCI INDONIA ETF 46429B309 7,981 382,419 SH   SOLE   382,419 0 0
ISHARES TR MSCI PHILIPS ETF 46429B408 9,515 281,998 SH   SOLE   281,998 0 0
ISHARES TR MSCI INDIA ETF 46429B598 43,295 1,574,372 SH   SOLE   1,574,372 0 0
ISHARES TR MSCI POL CAP ETF 46429B606 6,264 346,564 SH   SOLE   346,564 0 0
ISHARES TR CHINA ETF 46429B671 71,706 1,607,045 SH   SOLE   1,607,045 0 0
ISHARES TR EAFE MIN VOL ETF 46429B689 1,316 20,280 SH   SOLE   20,280 0 0
ISHARES TR USA MIN VOL ETF 46429B697 4,769 114,030 SH   SOLE   114,030 0 0
ISHARES TR HDG MSCI EAFE 46434V803 237 9,320 SH   SOLE   9,320 0 0
ISHARES TR HDG MSCI JAPAN 46434V886 211 7,362 SH   SOLE   7,362 0 0
ISHARES TR MSCI SO KOREA 46435G888 31,905 1,371,689 SH   SOLE   1,371,689 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 1,088 167,135 SH   SOLE   167,135 0 0
JD COM INC SPON ADR CL A 47215P106 8,140 252,294 SH   SOLE   252,294 0 0
JOHNSON & JOHNSON COM 478160104 667 6,492 SH   SOLE   6,492 0 0
KRANESHARES TR CSI CHI INTERNET 500767306 41,680 1,084,686 SH   SOLE   1,084,686 0 0
MARKET VECTORS ETF TR VIETNAM ETF 57060U761 3,617 244,558 SH   SOLE   244,558 0 0
MERCK & CO INC NEW COM 58933Y105 467 8,849 SH   SOLE   8,849 0 0
MONDELEZ INTL INC CL A 609207105 338 7,527 SH   SOLE   7,527 0 0
ORACLE CORP COM 68389X105 345 9,450 SH   SOLE   9,450 0 0
PEPSICO INC COM 713448108 585 5,855 SH   SOLE   5,855 0 0
PIMCO ETF TR TTL RTN ACTV ETF 72201R775 1,516 14,550 SH   SOLE   14,550 0 0
PIMCO ETF TR ENHAN SHRT MA AC 72201R833 533 5,300 SH   SOLE   5,300 0 0
PROCTER & GAMBLE CO COM 742718109 845 10,639 SH   SOLE   10,639 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 21,537 426,569 SH   SOLE   426,569 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 19,530 451,238 SH   SOLE   451,238 0 0
SOHU COM INC COM 83408W103 2,120 37,071 SH   SOLE   37,071 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,419 13,990 SH   SOLE   13,990 0 0
STARBUCKS CORP COM 855244109 762 12,694 SH   SOLE   12,694 0 0
TATA MTRS LTD SPONSORED ADR 876568502 7,920 268,752 SH   SOLE   268,752 0 0
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 239 3,000 SH   SOLE   3,000 0 0
VANGUARD INDEX FDS REIT ETF 922908553 941 11,800 SH   SOLE   11,800 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 2,626 25,180 SH   SOLE   25,180 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 38,605 458,606 SH   SOLE   458,606 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 2,731 35,125 SH   SOLE   35,125 0 0
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 286 2,150 SH   SOLE   2,150 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 508 11,001 SH   SOLE   11,001 0 0
VISA INC COM CL A 92826C839 441 5,690 SH   SOLE   5,690 0 0
WAL-MART STORES INC COM 931142103 276 4,500 SH   SOLE   4,500 0 0
WISDOMTREE TR INDIA ERNGS FD 97717W422 1,400 70,514 SH   SOLE   70,514 0 0
WISDOMTREE TR EUROPE HEDGED EQ 97717X701 256 4,760 SH   SOLE   4,760 0 0
YANDEX N V SHS CLASS A N97284108 1,099 69,889 SH   SOLE   69,889 0 0
YY INC ADS REPCOM CLA 98426T106 5,405 86,524 SH   SOLE   86,524 0 0