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 64 1,228 SH   SOLE   1,228 0 0
iShares MSCI France ETF MSCI FRANCE ETF 464286707 1,519 51,533 SH   SOLE   51,533 0 0
iShares MSCI GERMANY ETF MSCI GERM 464286806 1,453 53,968 SH   SOLE   53,968 0 0
iShares INC MSCI ITL ETF New MSCI ITL ETF 46434G830 521 18,762 SH   SOLE   18,762 0 0
iShares MSCI Netherlands ETF MSCI NETHERL ETF 464286814 529 17,709 SH   SOLE   17,709 0 0
iShares MSCI Spain Capped ETF MSCI SPAN CP ETF 464286764 661 23,102 SH   SOLE   23,102 0 0
iShares MSCI Sweden ETF MSCI SWEDEN ETF 464286756 567 18,777 SH   SOLE   18,777 0 0
iShares MSCI SZ CAP ETF MSCI SZ CAP ETF 464286749 1,513 42,785 SH   SOLE   42,785 0 0
Vanguard Index Fds S&P 500 ETF S&P 500 ETF 922908363 24,248 93,426 SH   SOLE   93,426 0 0
SPDR Index SHS FDS Asia Pacif ETF Asia Pacif ETF 78463X301 3,876 39,217 SH   SOLE   39,217 0 0
iShares INC MSCI JPN ETF NEW MSCI JPN ETF 46434G822 4,016 73,395 SH   SOLE   73,395 0 0
Vanguard Index FDS Small CP ETF Small CP ETF 922908751 10,166 66,532 SH   SOLE   66,532 0 0
iShares MSCI AUST ETF MSCI AUST ETF 464286103 1,423 66,127 SH   SOLE   66,127 0 0
iShares MSCI CDA ETF MSCI CDA ETF 464286509 938 33,922 SH   SOLE   33,922 0 0
iShares TR Latn Amer 40 ETF Latin Amer 40 ETF 464287390 701 21,084 SH   SOLE   21,084 0 0
iShares TR MSCI EMG MKT ETF MSCI EMG MKT ETF 464287234 713 16,621 SH   SOLE   16,621 0 0
iShares TR MSCI UK ETF NEW MSCI UK ETF NEW 46435G334 4,527 137,137 SH   SOLE   137,137 0 0