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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
OMB APPROVAL
OMB Number: 3235-0006
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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
POWERSHARES EXCHANGE TRADED FD TR DYNAMIC PHARMACEUTICALS PORTFOLIO ETF 73935X799 17,083 279,676 SH   SOLE   279,676 0 0
ISHARES NASDAQ BIOTECHNOLOGY ETF ETF 464287556 11,092 43,155 SH   SOLE   43,155 0 0
FIRST TR EXCHANGE TRADED FD II UTILS ALPHADEX FD ANNUAL ETF 33734X184 14,836 621,808 SH   SOLE   621,808 0 0
ISHARES EUROPE DEVELOPED REAL ESTATE ETF ETF 464288471 3,784 98,964 SH   SOLE   98,964 0 0
SECTOR SPDR TR SHS BEN INT UTILITIES ETF 81369Y886 13,893 313,891 SH   SOLE   313,891 0 0
MARKET VECTORS ETF PHARMACEUTICAL ETF ETF 57060U217 7,498 120,850 SH   SOLE   120,850 0 0
MARKET VECTORS ETF TRUST UNCONVENTIONAL OIL & GAS ETF ETF 57060U159 3,692 107,026 SH   SOLE   107,026 0 0
GUGGENHEIM S&P 500 PURE VALUE ETF ETF 78355W304 3,492 64,266 SH   SOLE   64,266 0 0
POWERSHARES EXCHANGE TRADED FD TR II BUILD AMERICA BOND PORTFOLIO ETF 73937B407 6,004 204,788 SH   SOLE   204,788 0 0
FIRST TR EXCHANGE TRADED FD II CONSUMER STAPLES ALPHADEX FD ANNUAL ETF 33734X119 15,301 384,359 SH   SOLE   384,359 0 0
FIRST TRUST PORTFOLIOS FIRST TRUST ISE REVERE NATURAL GAS IN ISIN #US33734J1025 ETF 33734J102 4,044 171,340 SH   SOLE   171,340 0 0
WISDOMTREE TR INDIA EARNINGS FD ETF 97717W422 3,741 166,488 SH   SOLE   166,488 0 0
GUGGENHEIM S&P 500 EQUAL WEIGHT UTILITIES ETF ETF 78355W791 11,641 156,061 SH   SOLE   156,061 0 0
INDEXIQ ETF TR IQ CANADA SMALL CAP ETF ETF 45409B867 3,793 145,328 SH   SOLE   145,328 0 0
SPDR SER TR S&P SEMICONDUCTOR ETF ETF 78464A862 3,685 49,061 SH   SOLE   49,061 0 0
EGA EMERGING GLOBAL SHS TR EGSHARES INDIA INFRASTRUCTURE ETF ETF 268461845 843 56,868 SH   SOLE   56,868 0 0
SPDR SER TR S&P PHARMACEUTICALS ETF ETF 78464A722 10,985 105,832 SH   SOLE   105,832 0 0
FIRST TR ISE GLOBAL WIND ENERGY INDEX FD COM SHS ETF 33736G106 943 70,676 SH   SOLE   70,676 0 0
SPDR SER TR BARCLAYS LONG TERM CORPORATE BD ETF ETF 78464A367 5,221 128,608 SH   SOLE   128,608 0 0
SPDR SER TR S&P TRANSN ETF ETF 78464A532 4,136 44,084 SH   SOLE   44,084 0 0
GUGGENHM CANADIAN ENERGY INCOME ETF ETF 18383Q606 599 34,362 SH   SOLE   34,362 0 0