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 249 5,155 SH   SOLE   5,155 0 0
iShares MSCI France ETF MSCI FRANCE ETF 464286707 4,485 146,947 SH   SOLE   146,947 0 0
iShares MSCI GERMANY ETF MSCI GERM 464286806 4,332 144,504 SH   SOLE   144,504 0 0
iShares INC MSCI ITL ETF New MSCI ITL ETF 46434G830 919 31,819 SH   SOLE   31,819 0 0
iShares MSCI Netherlands ETF MSCI NETHERL ETF 464286814 1,574 51,585 SH   SOLE   51,585 0 0
iShares MSCI Spain Capped ETF MSCI SPAN CP ETF 464286764 1,248 41,116 SH   SOLE   41,116 0 0
iShares MSCI Sweden ETF MSCI SWEDEN ETF 464286756 2,165 70,966 SH   SOLE   70,966 0 0
iShares MSCI SZ CAP ETF MSCI SZ CAP ETF 464286749 5,905 181,251 SH   SOLE   181,251 0 0
Vanguard Index Fds S&P 500 ETF S&P 500 ETF 922908363 52,827 211,723 SH   SOLE   211,723 0 0
SPDR Index SHS FDS Asia Pacif ETF Asia Pacif ETF 78463X301 9,794 98,426 SH   SOLE   98,426 0 0
iShares INC MSCI JPN ETF NEW MSCI JPN ETF 46434G822 9,553 164,959 SH   SOLE   164,959 0 0
Vanguard Index FDS Small CP ETF Small CP ETF 922908751 22,677 145,673 SH   SOLE   145,673 0 0
iShares MSCI AUST ETF MSCI AUST ETF 464286103 2,969 131,305 SH   SOLE   131,305 0 0
iShares MSCI CDA ETF MSCI CDA ETF 464286509 4,177 146,525 SH   SOLE   146,525 0 0
iShares TR Latn Amer 40 ETF Latin Amer 40 ETF 464287390 1,651 55,797 SH   SOLE   55,797 0 0
iShares TR MSCI EMG MKT ETF MSCI EMG MKT ETF 464287234 1,629 37,601 SH   SOLE   37,601 0 0
iShares TR MSCI UK ETF NEW MSCI UK ETF NEW 46435G334 7,382 212,249 SH   SOLE   212,249 0 0