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
BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 8 338 SH   DFND 1 338 0 0
ISHARES TR TIPS BD ETF 464287176 101 889 SH   DFND 1 889 0 0
ISHARES TR CORE S&P500 ETF 464287200 269 1,062 SH   DFND 1 1,062 0 0
ISHARES TR MSCI EAFE ETF 464287465 205 2,993 SH   DFND 1 2,993 0 0
ISHARES TR RUS MDCP VAL ETF 464287473 114 1,336 SH   DFND 1 1,336 0 0
ISHARES TR RUS 1000 ETF 464287622 66 470 SH   DFND 1 470 0 0
ISHARES TR RUS 2000 VAL ETF 464287630 58 461 SH   DFND 1 461 0 0
ISHARES TR INTRMD CR BD ETF 464288638 106 956 SH   DFND 1 956 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 32 2,076 SH   DFND 1 2,076 0 0
POWERSHARES ETF TR II SOVEREIGN DEBT 73936T573 1 2,992 PRN   DFND 1 2,992 0 0
SPDR INDEX SHS FDS S&P EMKTSC ETF 78463X756 53 1,068 SH   DFND 1 1,068 0 0
SPDR SERIES TRUST BLOMBERG INTL TR 78464A516 38 1,321 SH   DFND 1 1,321 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 38 854 SH   DFND 1 854 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 14 300 SH   DFND 1 300 0 0