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

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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
ALPS ETF TR ALERIAN MLP 00162Q866 6,665 524,410 SH   SOLE   524,410 0 0
GASTAR EXPL INC NEW COM 36729W202 110 71,170 SH   SOLE   71,170 0 0
GLOBAL X FDS GB MSCI AR ETF 37950E259 104 3,690 SH   SOLE   3,690 0 0
GLOBAL X FDS GLBX MSCI COLUM 37950E200 62 6,570 SH   SOLE   6,570 0 0
GLOBAL X FDS GLOBAL X URANIUM 37954Y871 233 15,155 SH   SOLE   15,155 0 0
ISHARES ALL PERU CAP ETF 464289842 62 1,820 SH   SOLE   1,820 0 0
ISHARES MSCI BRZ CAP ETF 464286400 10,750 286,970 SH   SOLE   286,970 0 0
ISHARES MSCI CH CAP ETF 464286640 69 1,585 SH   SOLE   1,585 0 0
ISHARES MSCI EURO FL ETF 464289180 249 12,230 SH   SOLE   12,230 0 0
ISHARES MSCI FRANCE ETF 464286707 541 20,400 SH   SOLE   20,400 0 0
ISHARES MSCI MEX CAP ETF 464286822 14,225 278,000 SH   SOLE   278,000 0 0
ISHARES MSCI STH KOR ETF 464286772 11,041 178,460 SH   SOLE   178,460 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 10,667 321,000 SH   SOLE   321,000 0 0
ISHARES TR CHINA ETF 46429B671 16,847 337,410 SH   SOLE   337,410 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 988 25,070 SH   SOLE   25,070 0 0
SPDR SERIES TRUST OILGAS EQUIP 78464A748 13,809 687,360 SH   SOLE   687,360 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 498 16,380 SH   SOLE   16,380 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 6,304 168,375 SH   SOLE   168,375 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 15,680 287,120 SH   SOLE   287,120 0 0
TPG SPECIALTY LENDING INC COM 87265K102 15,517 761,027 SH   SOLE   761,027 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 1,210 53,035 SH   SOLE   53,035 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 454 12,605 SH   SOLE   12,605 0 0
VANECK VECTORS ETF TR VIETNAM ETF 92189F817 61 4,373 SH   SOLE   4,373 0 0
WISDOM TREE TR EUROPE HEDGED EQ 97717X701 30,526 486,000 SH   SOLE   486,000 0 0