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 229 4,712 SH   SOLE   4,712 0 0
iShares MSCI France ETF MSCI FRANCE ETF 464286707 4,819 153,511 SH   SOLE   153,511 0 0
iShares MSCI GERMANY ETF MSCI GERM 464286806 4,560 153,320 SH   SOLE   153,320 0 0
iShares INC MSCI ITL ETF New MSCI ITL ETF 46434G830 1,022 36,945 SH   SOLE   36,945 0 0
iShares MSCI Netherlands ETF MSCI NETHERL ETF 464286814 1,605 53,149 SH   SOLE   53,149 0 0
iShares MSCI Spain Capped ETF MSCI SPAN CP ETF 464286764 1,307 44,124 SH   SOLE   44,124 0 0
iShares MSCI Sweden ETF MSCI SWEDEN ETF 464286756 2,199 67,014 SH   SOLE   67,014 0 0
iShares MSCI SZ CAP ETF MSCI SZ CAP ETF 464286749 5,590 161,143 SH   SOLE   161,143 0 0
Vanguard Index Fds S&P 500 ETF S&P 500 ETF 922908363 49,573 185,632 SH   SOLE   185,632 0 0
SPDR Index SHS FDS Asia Pacif ETF Asia Pacif ETF 78463X301 7,273 75,100 SH   SOLE   75,100 0 0
iShares INC MSCI JPN ETF NEW MSCI JPN ETF 46434G822 10,648 176,781 SH   SOLE   176,781 0 0
Vanguard Index FDS Small CP ETF Small CP ETF 922908751 20,872 128,378 SH   SOLE   128,378 0 0
iShares MSCI AUST ETF MSCI AUST ETF 464286103 2,773 125,372 SH   SOLE   125,372 0 0
iShares MSCI CDA ETF MSCI CDA ETF 464286509 3,846 133,642 SH   SOLE   133,642 0 0
iShares TR Latn Amer 40 ETF Latin Amer 40 ETF 464287390 1,356 43,200 SH   SOLE   43,200 0 0
iShares TR MSCI EMG MKT ETF MSCI EMG MKT ETF 464287234 1,284 29,916 SH   SOLE   29,916 0 0
iShares TR MSCI UK ETF NEW MSCI UK ETF NEW 46435G334 7,054 206,743 SH   SOLE   206,743 0 0