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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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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 2,570 21,636 SH   SOLE   21,636 0 0
ALPHABET INC CAP STK CL A 02079K305 2,013 695 SH   SOLE   695 0 0
AMAZON COM INC COM 023135106 2,484 745 SH   SOLE   745 0 0
ARES CAPITAL CORP COM 04010L103 208 9,796 SH   SOLE   9,796 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 2,202 644,001 SH   SOLE   644,001 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,305 17,744 SH   SOLE   17,744 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 1,215 179,139 SH   SOLE   179,139 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 1,230 15,832 SH   SOLE   15,832 0 0
FRANKLIN TEMPLETON ETF TR FRANKLIN RUSIA 35473P728 2,547 85,472 SH   SOLE   85,472 0 0
FRANKLIN TEMPLETON ETF TR FTSE BRAZIL 35473P835 1,434 81,740 SH   SOLE   81,740 0 0
FRANKLIN TEMPLETON ETF TR FTSE CHINA 35473P819 36,819 1,481,526 SH   SOLE   1,481,526 0 0
FRANKLIN TEMPLETON ETF TR FTSE SOUTH KOREA 35473P710 8,565 306,364 SH   SOLE   306,364 0 0
GLOBAL X FDS MSCI CHINA ENRGY 37950E507 5,039 429,979 SH   SOLE   429,979 0 0
GLOBAL X FDS MSCI CHINA FINCL 37950E606 5,021 358,886 SH   SOLE   358,886 0 0
GLOBAL X FDS MSCI CHINA INDST 37950E705 4,998 300,699 SH   SOLE   300,699 0 0
GLOBAL X FDS MSCI CHINA IT 37954Y533 4,985 180,566 SH   SOLE   180,566 0 0
GLOBAL X FDS MSCI CHINA MATRL 37950E242 4,910 206,994 SH   SOLE   206,994 0 0
GLOBAL X FDS US PFD ETF 37954Y657 5,926 230,686 SH   SOLE   230,686 0 0
HDFC BANK LTD SPONSORED ADS 40415F101 3,674 56,467 SH   SOLE   56,467 0 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 707 6,692 SH   SOLE   6,692 0 0
INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 2,744 106,029 SH   SOLE   106,029 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 874 5,369 SH   SOLE   5,369 0 0
INVESCO EXCHANGE TRADED FD T S&P500 QUALITY 46137V241 6,035 113,469 SH   SOLE   113,469 0 0
ISHARES GOLD TR ISHARES NEW 464285204 1,251 36,135 SH   SOLE   36,135 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 10,660 380,269 SH   SOLE   380,269 0 0
ISHARES INC MSCI CHILE ETF 464286640 691 29,886 SH   SOLE   29,886 0 0
ISHARES INC MSCI MEXICO ETF 464286822 7,902 155,782 SH   SOLE   155,782 0 0
ISHARES INC MSCI RUSSIA ETF 46434G798 6,118 144,901 SH   SOLE   144,901 0 0
ISHARES INC MSCI STH AFR ETF 464286780 1,285 27,743 SH   SOLE   27,743 0 0
ISHARES INC MSCI STH KOR ETF 464286772 13,899 177,266 SH   SOLE   177,266 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 34,793 521,226 SH   SOLE   521,226 0 0
ISHARES INC MSCI TURKEY ETF 464286715 604 32,453 SH   SOLE   32,453 0 0
ISHARES TR 20 YR TR BD ETF 464287432 2,492 16,824 SH   SOLE   16,824 0 0
ISHARES TR CORE S&P500 ETF 464287200 2,489 5,220 SH   SOLE   5,220 0 0
ISHARES TR EXPANDED TECH 464287515 1,595 4,014 SH   SOLE   4,014 0 0
ISHARES TR MSCI ACWI ETF 464288257 762 7,203 SH   SOLE   7,203 0 0
ISHARES TR MSCI ACWI EX US 464288240 7,628 136,919 SH   SOLE   136,919 0 0
ISHARES TR MSCI CHINA ETF 46429B671 17,510 278,710 SH   SOLE   278,710 0 0
ISHARES TR MSCI INDIA ETF 46429B598 22,192 481,560 SH   SOLE   481,560 0 0
ISHARES TR MSCI POLAND ETF 46429B606 2,500 117,782 SH   SOLE   117,782 0 0
ISHARES TR MSCI QATAR ETF 46434V779 2,738 133,802 SH   SOLE   133,802 0 0
ISHARES TR MSCI SAUDI ARBIA 46434V423 9,324 227,438 SH   SOLE   227,438 0 0
ISHARES TR MSCI UAE ETF 46434V761 1,649 101,677 SH   SOLE   101,677 0 0
ISHARES TR MSCI USA MIN VOL 46429B697 17,984 222,361 SH   SOLE   222,361 0 0
ISHARES TR S&P 500 VAL ETF 464287408 713 4,550 SH   SOLE   4,550 0 0
ITAU UNIBANCO HLDG S A SPON ADR REP PFD 465562106 3,208 855,370 SH   SOLE   855,370 0 0
J P MORGAN EXCHANGE-TRADED F ULTRA SHRT INC 46641Q837 4,478 88,711 SH   SOLE   88,711 0 0
META PLATFORMS INC CL A 30303M102 1,704 5,066 SH   SOLE   5,066 0 0
MICROSOFT CORP COM 594918104 517 1,537 SH   SOLE   1,537 0 0
NVIDIA CORPORATION COM 67066G104 490 1,667 SH   SOLE   1,667 0 0
OWL ROCK CAPITAL CORPORATION COM 69121K104 806 56,954 SH   SOLE   56,954 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 2,772 252,420 SH   SOLE   252,420 0 0
SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 1,251 24,151 SH   SOLE   24,151 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 5,526 39,233 SH   SOLE   39,233 0 0
SPDR GOLD TR GOLD SHS 78463V107 211 1,239 SH   SOLE   1,239 0 0
SPDR SER TR BLOOMBERG SHT TE 78468R408 2,510 92,531 SH   SOLE   92,531 0 0
SPDR SER TR S&P REGL BKG 78464A698 7,858 110,900 SH   SOLE   110,900 0 0
SSGA ACTIVE ETF TR BLACKSTONE SENR 78467V608 23,193 508,810 SH   SOLE   508,810 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 11,252 93,525 SH   SOLE   93,525 0 0
VALE S A SPONSORED ADS 91912E105 901 64,293 SH   SOLE   64,293 0 0
VANECK ETF TRUST HIGH YLD MUNIETF 92189H409 453 7,267 SH   SOLE   7,267 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 2,568 14,367 SH   SOLE   14,367 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 14,331 176,379 SH   SOLE   176,379 0 0