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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 GLOBAL ENERG ETF 464287341 5,316 123,000 SH   SOLE   123,000 0 0
ISHARES MSCI EMG MKT ETF 464287234 787 18,829 SH   SOLE   18,829 0 0
ISHARES US OIL&GS EX ETF 464288851 6,092 74,000 SH   SOLE   74,000 0 0
ISHARES GOLD TRUST ISHARES 464285105 701 60,000 SH   SOLE   60,000 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 2,513 101,000 SH   SOLE   101,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,503 13,550 SH   SOLE   13,550 0 0
UBS AG JERSEY BRH ALERIAN INFRST 902641646 11,119 282,000 SH   SOLE   282,000 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 30,916 332,256 SH   SOLE   332,256 0 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 28,158 451,833 SH   SOLE   451,833 0 0
WISDOMTREE TR EMG MKTS SMCAP 97717W281 756 16,412 SH   SOLE   16,412 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 19,283 345,085 SH   SOLE   345,085 0 0