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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
ISHARES TR MSCI INDIA ETF 46429B598 1,439 40,835 SH   DFND   40,835 0 0
ISHARES INC MSCI HONG KG ETF 464286871 19,071 727,611 SH   DFND   727,611 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 22,018 124,170 SH   DFND   124,170 0 0
BAIDU INC SPON ADR REP A 056752108 4,257 25,909 SH   DFND   25,909 0 0