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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
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 10,665 286,238 SH   SOLE 0 286,238 0 0
CAFEPRESS INC COM 12769A103 184 30,000 SH   SOLE 0 30,000 0 0
ISHARES MSCI EMG MKT ETF 464287234 332,470 8,077,500 SH Put SOLE 0 8,077,500 0 0
ISHARES MSCI EMG MKT ETF 464287234 3,751 92,014 SH   SOLE 0 92,014 0 0
ISHARES NA NAT RES 464287374 11,933 287,949 SH   SOLE 0 287,949 0 0
ISHARES MSCI EAFE ETF 464287465 1,242,192 19,470,100 SH Put SOLE 0 19,470,100 0 0
ISHARES MSCI EAFE ETF 464287465 3,183 49,896 SH   SOLE 0 49,896 0 0
ISHARES U.S. REAL ES ETF 464287739 12,864 201,762 SH   SOLE 0 201,762 0 0