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 NW Zealand CP ETF MSCI NW ZEALND CP ETF 464289123 174 3,770 SH   SOLE   3,770 0 0
iShares MSCI France ETF MSCI FRANCE ETF 464286707 4,234 147,221 SH   SOLE   147,221 0 0
iShares MSCI GERMANY ETF MSCI GERM 464286806 4,073 134,546 SH   SOLE   134,546 0 0
iShares INC MSCI ITL ETF New MSCI ITL ETF 46434G830 1,492 53,667 SH   SOLE   53,667 0 0
iShares MSCI Netherlands ETF MSCI NETHERL ETF 464286814 1,474 50,944 SH   SOLE   50,944 0 0
iShares MSCI Spain Capped ETF MSCI SPAN CP ETF 464286764 1,981 60,314 SH   SOLE   60,314 0 0
iShares MSCI Sweden ETF MSCI SWEDEN ETF 464286756 2,159 63,639 SH   SOLE   63,639 0 0
iShares TR MSCI ACWI ETF MSCI ACWI ETF 464288257 1,393 21,274 SH   SOLE   21,274 0 0
iShares MSCI SZ CAP ETF MSCI SZ CAP ETF 464286749 5,583 162,727 SH   SOLE   162,727 0 0
Vanguard Index Fds S&P 500 ETF S&P 500 ETF 922908363 37,586 169,261 SH   SOLE   169,261 0 0
SPDR Index SHS FDS Asia Pacif ETF Asia Pacif ETF 78463X301 8,136 88,942 SH   SOLE   88,942 0 0
iShares INC MSCI JPN ETF NEW MSCI JPN ETF 46434G822 9,365 174,553 SH   SOLE   174,553 0 0
Vanguard Index FDS Small CP ETF Small CP ETF 922908751 15,809 116,638 SH   SOLE   116,638 0 0
iShares MSCI AUST ETF MSCI AUST ETF 464286103 2,543 117,282 SH   SOLE   117,282 0 0
iShares MSCI CDA ETF MSCI CDA ETF 464286509 4,917 183,731 SH   SOLE   183,731 0 0
iShares TR Latn Amer 40 ETF Latin Amer 40 ETF 464287390 1,493 49,309 SH   SOLE   49,309 0 0
iShares TR MSCI EMG MKT ETF MSCI EMG MKT ETF 464287234 1,674 40,445 SH   SOLE   40,445 0 0
iShares TR MSCI UK ETF NEW MSCI UK ETF NEW 46435G334 7,226 216,801 SH   SOLE   216,801 0 0