The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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
ISHARES MSCI FRANCE ETF Equity 464286707 491 18,905 SH   SOLE   18,905 0 0
ISHARES MSCI GERMANY ETF Equity 464286806 540 18,091 SH   SOLE   18,091 0 0
ISHARES MSCI HONG KG ETF Equity 464286871 798 36,408 SH   SOLE   36,408 0 0
ISHARES MSCI JAPAN ETF Equity 464286848 800 63,832 SH   SOLE   63,832 0 0
ISHARES MSCI SINGAP ETF Equity 464286673 175 13,651 SH   SOLE   13,651 0 0
ISHARES MSCI SZ CAP ETF Equity 464286749 729 21,960 SH   SOLE   21,960 0 0
ISHARES MSCI TAIWAN ETF Equity 464286731 464 29,482 SH   SOLE   29,482 0 0
ISHARES TR CHINA LG-CAP ETF Equity 464287184 343 7,717 SH   SOLE   7,717 0 0
ISHARES TR MSCI INDIA ETF Equity 46429B598 367 11,482 SH   SOLE   11,482 0 0
ISHARES TR MSCI INDONIA ETF Equity 46429B309 353 12,734 SH   SOLE   12,734 0 0
SPDR S&P 500 ETF TR TR UNIT Equity 78462F103 3,126 15,145 SH   SOLE   15,145 0 0