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 86 1,665 SH   SOLE   1,665 0 0
iShares MSCI France ETF MSCI FRANCE ETF 464286707 1,306 43,316 SH   SOLE   43,316 0 0
iShares MSCI GERMANY ETF MSCI GERM 464286806 1,275 47,372 SH   SOLE   47,372 0 0
iShares INC MSCI ITL ETF New MSCI ITL ETF 46434G830 359 13,010 SH   SOLE   13,010 0 0
iShares MSCI Netherlands ETF MSCI NETHERL ETF 464286814 454 14,466 SH   SOLE   14,466 0 0
iShares MSCI Spain Capped ETF MSCI SPAN CP ETF 464286764 478 17,175 SH   SOLE   17,175 0 0
iShares MSCI Sweden ETF MSCI SWEDEN ETF 464286756 828 28,104 SH   SOLE   28,104 0 0
iShares MSCI SZ CAP ETF MSCI SZ CAP ETF 464286749 2,104 55,811 SH   SOLE   55,811 0 0
Vanguard Index Fds S&P 500 ETF S&P 500 ETF 922908363 14,913 54,707 SH   SOLE   54,707 0 0
SPDR Index SHS FDS Asia Pacif ETF Asia Pacif ETF 78463X301 3,800 40,660 SH   SOLE   40,660 0 0
iShares INC MSCI JPN ETF NEW MSCI JPN ETF 46434G822 1,703 30,009 SH   SOLE   30,009 0 0
Vanguard Index FDS Small CP ETF Small CP ETF 922908751 6,368 41,379 SH   SOLE   41,379 0 0
iShares MSCI AUST ETF MSCI AUST ETF 464286103 1,386 62,288 SH   SOLE   62,288 0 0
iShares MSCI CDA ETF MSCI CDA ETF 464286509 1,382 47,812 SH   SOLE   47,812 0 0
iShares TR Latn Amer 40 ETF Latin Amer 40 ETF 464287390 557 17,645 SH   SOLE   17,645 0 0
iShares TR MSCI EMG MKT ETF MSCI EMG MKT ETF 464287234 549 13,427 SH   SOLE   13,427 0 0
iShares TR MSCI UK ETF NEW MSCI UK ETF NEW 46435G334 1,677 53,354 SH   SOLE   53,354 0 0