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
PowerShares FTSE RAFI Emerging ETF 73936t763 1,656 86,000 SH   SOLE   0 0 0
SPDR Blackstone/GSO Senior Loa ETF 78467V608 5,957 120,982 SH   SOLE   0 0 0
Schwab US Broad Market ETF ETF 808524102 40,230 800,917 SH   SOLE   0 0 0
Vanguard FTSE All-World Ex-US ETF 922042775 4,683 96,454 SH   SOLE   0 0 0
Vanguard Long-Term Corp Bond E ETF 92206C813 9,253 108,457 SH   SOLE   0 0 0
Vanguard Mortgage Backed Secur ETF 92206C771 2,519 47,681 SH   SOLE   0 0 0
Vanguard Total Bond Market ETF ETF 921937835 4,163 51,232 SH   SOLE   0 0 0
WisdomTree Japan Hedged Equity ETF 97717W851 11,754 205,495 SH   SOLE   0 0 0
iShares 3-7 Year Treasury Bond ETF 464288661 2,412 19,618 SH   SOLE   0 0 0
iShares Core MSCI Total Int'l ETF 46432F834 25,149 456,348 SH   SOLE   0 0 0
iShares MSCI EMU ETF ETF 464286608 8,484 226,006 SH   SOLE   0 0 0
iShares iBoxx High Yield ETF 464288513 666 7,498 SH   SOLE   0 0 0
iShares iBoxx Investment Grade ETF 464287242 3,680 31,799 SH   SOLE   0 0 0