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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
REAL ESTATE SECTOR SPDR ETF 81369Y860 24,083 746,995 SH   SOLE   0 0 746,995
FINANCIAL SELECT SECTOR SPDR FUND ETF 81369Y605 33,775 1,306,069 SH   SOLE   0 0 1,306,069
CONSUMER STAPLES SELECT SECTOR SPDR FUND ETF 81369Y308 25,237 467,526 SH   SOLE   0 0 467,526