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 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 IBOXX INVESTMENTGRADE ETF 464287242 1,761 15,000 SH   SOLE   15,000 0 0
VANGUARD INTL EQUITY INDEXFDS ETF 922042866 2,661 36,475 SH   SOLE   36,475 0 0
VANGUARD INTL EQUITY INDEXFDS ETF 922042874 4,703 80,878 SH   SOLE   80,878 0 0
VANGUARD REAL ESTATEETF ETF 922908553 1,887 25,000 SH   SOLE   25,000 0 0
VANGUARD WHITEHALL FDSHIGH DIV ETF 921946406 22,891 277,500 SH   SOLE   277,500 0 0
WISDOMTREE TR EMERGINGMKTS HIG ETF 97717w315 5,241 109,600 SH   SOLE   109,600 0 0
WISDOMTREE TR US SMALLCAPDIVD ETF 97717w604 9,351 341,265 SH   SOLE   341,265 0 0