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
VanEck Oil Services ETF COM 92189H607 6,226 31,600 SH   SOLE   31,600 0 0
SPDR Dow Jones Industrial Average ETF Trust COM 78467X109 8,390 24,800 SH   SOLE   24,800 0 0
iShares MSCI Emerging Markets ETF COM 464287234 17,134 340,100 SH   SOLE   340,100 0 0
iShares Russell 2000 ETF COM 464287655 19,513 89,200 SH   SOLE   89,200 0 0
Kraneshares MSCI All China Health Care Index ETF COM 500767835 2,707 72,400 SH   SOLE   72,400 0 0
Invesco QQQ Trust Series 1 COM 46090E103 19,759 55,200 SH   SOLE   55,200 0 0
SPDR S&P 500 ETF Trust COM 78462F103 55,788 130,000 SH   SOLE   130,000 0 0