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
AMERICAN RLTY CAP PPTYS INC COM 02917T104 5,731 445,982 SH   DFND 1 445,982 0 0
ARENA PHARMACEUTICALS INC COM 040047102 97 16,500 SH   DFND 1 16,500 0 0
AVALONBAY COMMNTYS INC COM 053484101 7,889 66,724 SH   DFND 1 66,724 0 0
BARCLAYS BK PLC S&P 500 VEQTOR 06740C337 4,582 31,359 SH   DFND 1 31,359 0 0
ENERPLUS CORP COM 292766102 5,740 315,736 SH   DFND 1 315,736 0 0
FIRST TR US IPO INDEX FD SHS 336920103 1,718 37,856 SH   DFND 1 37,856 0 0
FREEPORT MCMORAN COPPER & GOLD COM 35671D857 3,902 103,395 SH   DFND 1 103,395 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 5,203 259,257 SH   DFND 1 259,257 0 0
GLOBAL X FUNDS GLB X GURU INDEX 37950E341 1,695 66,200 SH   DFND 1 66,200 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 2,232 31,321 SH   DFND 1 31,321 0 0
ISHARES 7-10 Y TR BD ETF 464287440 1,133 11,421 SH   DFND 1 11,421 0 0
ISHARES CORE S&P500 ETF 464287200 2,241,568 12,074,160 SH   DFND 1 12,074,160 0 0
ISHARES CORE S&P MCP ETF 464287507 2,234,681 16,700,407 SH   DFND 1 16,700,407 0 0
ISHARES EUROPE ETF 464287861 342 7,207 SH   DFND 1 7,207 0 0
ISHARES MSCI EAFE ETF 464287465 337 5,025 SH   DFND 1 5,025 0 0
ISHARES MSCI BRIC INDX 464286657 325 8,629 SH   DFND 1 8,629 0 0
ISHARES MSCI FRANCE ETF 464286707 459 16,123 SH   DFND 1 16,123 0 0
ISHARES MSCI JAPAN ETF 464286848 151 12,422 SH   DFND 1 12,422 0 0
ISHARES MSCI SZ CAP ETF 464286749 459 13,911 SH   DFND 1 13,911 0 0
ISHARES MSCI UK ETF 464286699 301 14,437 SH   DFND 1 14,437 0 0
KIMCO REALTY CORP COM 49446R109 3,473 175,837 SH   DFND 1 175,837 0 0
LAS VEGAS SANDS CORP COM 517834107 394 5,000 SH   DFND 1 5,000 0 0
LEXINGTON REALTY TRUST COM 529043101 5,174 506,725 SH   DFND 1 506,725 0 0
NORTHERN TR CORP COM 665859104 1,239 20,022 SH   DFND 1 20,022 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 8,766 294,150 SH   DFND 1 294,150 0 0
PENGROWTH ENERGY CORP COM 70706P104 8,825 1,423,454 SH   DFND 1 1,423,454 0 0
PENN WEST PETE LTD NEW COM 707887105 10,795 1,291,208 SH   DFND 1 1,291,208 0 0
POWERSHARES ETF TR II S&P 500 LOW VOL 73937B779 2,903 87,535 SH   DFND 1 87,535 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1,833 20,838 SH   DFND 1 20,838 0 0
POWERSHARES ETF TR II S&P400 LOVL PT 73937B647 2,186 77,047 SH   DFND 1 77,047 0 0
POWERSHARES ETF TR II S&P600 LOVL PT 73937B639 2,989 96,137 SH   DFND 1 96,137 0 0
PROLOGIS INC COM 74340W103 3,424 92,661 SH   DFND 1 92,661 0 0
PROSHARES TR PSHS ULT MCAP400 74347R404 1,097,819 8,651,056 SH   DFND 1 8,651,056 0 0
PROSHARES TR ULTR MSCI ETF 74347X500 443 3,941 SH   DFND 1 3,941 0 0
PROSHARES TR PSHS ULT S&P 500 74347R107 1,112,954 10,851,743 SH   DFND 1 10,851,743 0 0
REALTY INCOME CORP COM 756109104 5,017 134,397 SH   DFND 1 134,397 0 0
RITE AID CORPORATION COM 767754104 51 10,000 SH   DFND 1 10,000 0 0
SCHLUMBERGER LTD COM 806857108 3,638 40,374 SH   DFND 1 40,374 0 0
SILVER WHEATON CORP COM 828336107 3,173 157,137 SH   DFND 1 157,137 0 0
SOUTHERN COPPER CORP COM 84265V105 3,566 124,219 SH   DFND 1 124,219 0 0
TORTOISE ENERGY INFRSTRCTR C COM 89147L100 2,432 51,024 SH   DFND 1 51,024 0 0
TRANSOCEAN LIMITED REG SHS H8817H100 3,762 76,116 SH   DFND 1 76,116 0 0
VALE S A ADR 91912E105 9,380 615,086 SH   DFND 1 615,086 0 0
VENTAS INC COM 92276F100 5,261 91,844 SH   DFND 1 91,844 0 0