ABERDEEN CHILE FUNDS INC COM 00301W105 3585 418800 SH SOLE 418800 0 0 ABERDEEN LATIN AMERICA EQUITY FUND, INC. COM 00306K106 2540 92919 SH SOLE 92919 0 0 GRANA Y MONTERO SA SPONSORED ADR 38500P208 20234 1347141 SH SOLE 1347141 0 0 ISHARES MSCI BRAZIL INDEX FUND ETF 464286400 55514 1277660 SH SOLE 1277660 0 0 ISHARES MSCI EMU Index Fund ETF 464286608 51449 1336342 SH SOLE 1336342 0 0 ISHARES MSCI TAIWAN INDEX FD ETF 464286731 61405 4021266 SH SOLE 4021266 0 0 ISHARES MSCI SOUTH KOREA IND ETF 464286772 89566 1480187 SH SOLE 1480187 0 0 ISHARES MSCI GERMANY ETF 464286806 143656 5186145 SH SOLE 5186145 0 0 ISHARES MSCI JAPAN INDEX FUND ETF 464286848 629695 53500010 SH SOLE 53500010 0 0 ISHARES MSCI HONG KONG INDEX ETF 464286871 151938 7473573 SH SOLE 7473573 0 0 ISHARES S&P 100 Index Fund ETF 464287101 21335 242000 SH SOLE 242000 0 0 ISHARES FTSEXINHUA CHINA 25 ETF 464287184 48787 1274479 SH SOLE 1274479 0 0 ISHARES S P 500 INDEX FUND ETF 464287200 588889 2970286 SH SOLE 2970286 0 0 ISHARES RUSSEL 2000 INDEX ETF 464287655 288432 2637697 SH SOLE 2637697 0 0 ISHARES HIGH DIVIDEND EQUITY ETF 46429B663 121595 1616095 SH SOLE 1616095 0 0 LATAM AIRLINES GROUP SA SPONSORED ADR 51817R106 43201 3799536 SH SOLE 3799536 0 0 SPDR S&P 500 ETF TRUST ETF 78462F103 19754 100265 SH SOLE 100265 0 0 SPDR S&P CHINA ETF ETF 78463X400 49745 648988 SH SOLE 648988 0 0 SELECT SECTOR SPDR TRUST - THE MATERIALS ETF 81369Y100 193216 3896278 SH SOLE 3896278 0 0 SELECT SECTOR SPDR TRUST - INDUSTRIAL ETF 81369Y704 12845 241670 SH SOLE 241670 0 0 SELECT SECTOR SPDR FUND- TECHNOLOGY ETF 81369Y803 511312 12814831 SH SOLE 12814831 0 0 VALE SA ADR 91912E105 22836 2074152 SH SOLE 2074152 0 0 VANGUARD EMERGING MARKET ETF 922042858 5526 132479 SH SOLE 132479 0 0 VANGUARD INDEX FUNDS - VANGUARD S&P 500 ETF ETF 922908363 709998 3931544 SH SOLE 3931544 0 0 VANGUARD VALUE ETF ETF 922908744 713755 8790086 SH SOLE 8790086 0 0 VANGUARD TOTAL STOCK MKT ETF ETF 922908769 134813 1331614 SH SOLE 1331614 0 0 WISDOMTREE TR - Japan Hedged Equity Fund ETF 97717W851 69042 1319615 SH SOLE 1319615 0 0