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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

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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ISHARES MSCI PACIFIC EX JAPAN ETF MSCI PAC J 464286665   429,931 9,994 SH   DFND   0 9,994 0
ISHARES LATIN AMERICA ETF LATN AMER 464287390   1,930,246 77,924 SH   DFND   0 77,924 0
ISHARES EUROPE ETF EUROPE ETF 464287861   633,578 11,565 SH   DFND   0 11,565 0
ISHARES MSCI JAPAN ETF MSCI JPN E 46434G822   758,411 11,109 SH   DFND   0 11,109 0
SPDR S&P ETF TRUST TR UNIT 78462F103   4,307,216 7,911 SH   DFND   0 7,911 0
ISHARES MSCI CHILE ETF MSCI CHILE 464286640   2,322,982 89,755 SH   DFND   0 89,755 0