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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
ISHARES INC MSCI AUST ETF 464286103 17,147 660,000 SH   SOLE   660,000 0 0
ISHARES TR CORE HIGH DV ETF 46429B663 2,896 30,000 SH   SOLE   30,000 0 0
ISHARES TR SELECT DIVID ETF 464287168 4,082 35,000 SH   SOLE   35,000 0 0
VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 6,077 58,000 SH   SOLE   58,000 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 6,209 61,000 SH   SOLE   61,000 0 0
ISHARES TR COHEN STEER REIT 464287564 1,764 27,000 SH   SOLE   27,000 0 0
ISHARES TR U.S. REAL ES ETF 464287739 6,422 63,000 SH   SOLE   63,000 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 4,964 78,500 SH   SOLE   78,500 0 0
ISHARES TR GLOBAL REIT ETF 46434V647 3,105 112,000 SH   SOLE   112,000 0 0
SPDR DOW JONES INDL AVERAGE UT SER 1 78467X109 2,898 8,400 SH   SOLE   8,400 0 0
VANGUARD SPECIALIZED FUNDS DIV APP ETF 921908844 3,204 20,700 SH   SOLE   20,700 0 0
SPDR SP 500 ETF TR TR UNIT 78462F103 2,996 7,000 SH   SOLE   7,000 0 0
ISHARES TR CORE SP500 ETF 464287200 2,150 5,000 SH   SOLE   5,000 0 0
ISHARES TR CORE DIV GRWTH 46434V621 2,065 41,000 SH   SOLE   41,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 2,197 6,200 SH   SOLE   6,200 0 0
SPDR SER TR SP DIVID ETF 78464A763 3,118 25,500 SH   SOLE   25,500 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 3,130 21,200 SH   SOLE   21,200 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 4,433 35,200 SH   SOLE   35,200 0 0
ISHARES TR EXPANDED TECH 464287515 2,340 6,000 SH   SOLE   6,000 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 3,119 30,000 SH   SOLE   30,000 0 0
ISHARES TR SP 100 ETF 464287101 2,158 11,000 SH   SOLE   11,000 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 2,237 7,800 SH   SOLE   7,800 0 0
SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 3,063 40,500 SH   SOLE   40,500 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 2,955 21,500 SH   SOLE   21,500 0 0
ISHARES TR SP 500 VAL ETF 464287408 3,100 21,000 SH   SOLE   21,000 0 0
SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 1,914 28,000 SH   SOLE   28,000 0 0
SPDR SER TR PRTFLO SP500 VL 78464A508 3,954 100,000 SH   SOLE   100,000 0 0
VANGUARD WORLD FDS UTILITIES ETF 92204A876 4,302 31,000 SH   SOLE   31,000 0 0
VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETF 921943858 2,988 58,000 SH   SOLE   58,000 0 0
VANGUARD STAR FDS VG TL INTL STK F 921909768 3,153 48,000 SH   SOLE   48,000 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 2,662 42,000 SH   SOLE   42,000 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 1,140 11,000 SH   SOLE   11,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 2,959 44,000 SH   SOLE   44,000 0 0
ISHARES TR MSCI USA VALUE 46432F388 1,891 18,000 SH   SOLE   18,000 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 2,061 44,000 SH   SOLE   44,000 0 0
INVESCO EXCH TRADED FD TR II SP500 HDL VOL 46138E362 2,028 46,000 SH   SOLE   46,000 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 2,005 9,000 SH   SOLE   9,000 0 0
INVESCO EXCHANGE TRADED FD T SP500 EQL WGT 46137V357 2,110 14,000 SH   SOLE   14,000 0 0
ISHARES TR MSCI USA QLT FCT 46432F339 2,923 22,000 SH   SOLE   22,000 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 2,855 18,000 SH   SOLE   18,000 0 0
ISHARES TR CORE SP US VLU 464287663 2,087 29,000 SH   SOLE   29,000 0 0
SPDR SER TR PRTFLO SP500 HI 78468R788 4,089 102,000 SH   SOLE   102,000 0 0
ISHARES TR U.S. MED DVC ETF 464288810 3,249 9,000 SH   SOLE   9,000 0 0
ISHARES INC MSCI GERMANY ETF 464286806 2,422 70,000 SH   SOLE   70,000 0 0
ISHARES TR INTL SEL DIV ETF 464288448 2,722 84,000 SH   SOLE   84,000 0 0