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
VWO Vanguard FTSE Emerging Markets ETF 922042858 1,841 40,091 SH   SOLE   0 0 0
BIV Vanguard Intermediate Term Bond ETF 921937819 12,043 143,654 SH   SOLE   0 0 0
VWO Vanguard FTSE Emerging Markets ETF 922042858 158 3,436 SH   SOLE   0 0 0
VWO Vanguard FTSE Emerging Markets ETF 922042858 7,236 157,613 SH   SOLE   0 0 0