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
iShares MSCI Aust ETF MSCI AUST ETF 464286103 786 43,875 SH   SOLE   43,875 0 0
iShares MSCI CDA ETF MSCI CDA ETF 464286509 789 34,300 SH   SOLE   34,300 0 0
iShares MSCI France ETF MSCI FRANCE ETF 464286707 4,714 195,850 SH   SOLE   195,850 0 0
iShares MSCI Germany ETF MSCI GERMANY ETF 464286806 9,179 371,000 SH   SOLE   371,000 0 0
iShares MSCI Italy Capped ETF MSCI ITALCPD ETF 464286855 7,924 553,352 SH   SOLE   553,352 0 0
iShares MSCI Netherlands ETF MSCI NETHERL ETF 464286814 8,584 366,855 SH   SOLE   366,855 0 0
iShares MSCI Spain Capped ETF MSCI SPAN CP ETF 464286764 5,307 178,943 SH   SOLE   178,943 0 0
iShares MSCI Sweden ETF MSCI SWEDEN ETF 464286756 5,528 190,432 SH   SOLE   190,432 0 0
Ishares MSCI Japan ETF MSCI Japan ETF 464286848 4,535 396,775 SH   SOLE   396,775 0 0
iShares MSCI SZ CAP ETF MSCI SZ CAP ETF 464286749 1,566 51,200 SH   SOLE   51,200 0 0
Vanguard Index Fds S&P 500 ETF S&P 500 ETF 922908363 24,287 138,220 SH   SOLE   138,220 0 0
iShares NW Zealand CP ETF NW ZEALND CP ETF 464289123 809 25,300 SH   SOLE   25,300 0 0
iShares TR MSCI UTD KNGDM MSCI UTD KNGDM 46434V548 1,565 95,475 SH   SOLE   95,475 0 0
Vanguard Index FDS Small CP ETF Small CP ETF 922908751 10,162 94,133 SH   SOLE   94,133 0 0
iShares INC CUR HD MSCI EM INC CUR HD MSCI EM 46434G509 4,823 229,680 SH   SOLE   229,680 0 0