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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 3,440 31,620 SH   SOLE   31,620 0 0
ALPHABET INC CAP STK CL A 02079K305 1,958 704 SH   SOLE   704 0 0
AMAZON COM INC COM 023135106 2,455 753 SH   SOLE   753 0 0
AMGEN INC COM 031162100 1,739 7,191 SH   SOLE   7,191 0 0
BAIDU INC SPON ADR REP A 056752108 1,127 8,516 SH   SOLE   8,516 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 1,893 25,918 SH   SOLE   25,918 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 1,788 69,267 SH   SOLE   69,267 0 0
FRANKLIN TEMPLETON ETF TR FTSE BRAZIL 35473P835 1,744 74,026 SH   SOLE   74,026 0 0
FRANKLIN TEMPLETON ETF TR FTSE CHINA 35473P819 38,054 1,775,447 SH   SOLE   1,775,447 0 0
FRANKLIN TEMPLETON ETF TR FTSE SOUTH KOREA 35473P710 8,065 315,432 SH   SOLE   315,432 0 0
GLOBAL X FDS MSCI CHINA ENRGY 37950E507 2,122 150,078 SH   SOLE   150,078 0 0
GLOBAL X FDS MSCI CHINA FINCL 37950E606 166 11,924 SH   SOLE   11,924 0 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 690 6,692 SH   SOLE   6,692 0 0
INVESCO EXCH TRADED FD TR II S&P500 LOW VOL 46138E354 23,384 348,846 SH   SOLE   348,846 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 17,355 457,021 SH   SOLE   457,021 0 0
ISHARES INC MSCI CHILE ETF 464286640 4,650 158,977 SH   SOLE   158,977 0 0
ISHARES INC MSCI MEXICO ETF 464286822 2,697 49,201 SH   SOLE   49,201 0 0
ISHARES INC MSCI MLY ETF NEW 46434G814 1,457 56,739 SH   SOLE   56,739 0 0
ISHARES INC MSCI STH AFR ETF 464286780 6,934 124,626 SH   SOLE   124,626 0 0
ISHARES INC MSCI STH KOR ETF 464286772 19,536 270,873 SH   SOLE   270,873 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 22,841 366,917 SH   SOLE   366,917 0 0
ISHARES INC MSCI THAILND ETF 464286624 680 8,678 SH   SOLE   8,678 0 0
ISHARES INC MSCI TURKEY ETF 464286715 4,987 240,000 SH   SOLE   240,000 0 0
ISHARES TR 20 YR TR BD ETF 464287432 1,084 8,203 SH   SOLE   8,203 0 0
ISHARES TR IBOXX HI YD ETF 464288513 7,082 85,991 SH   SOLE   85,991 0 0
ISHARES TR MSCI ACWI EX US 464288240 3,923 74,509 SH   SOLE   74,509 0 0
ISHARES TR MSCI CHINA ETF 46429B671 11,171 207,583 SH   SOLE   207,583 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 4,104 90,076 SH   SOLE   90,076 0 0
ISHARES TR MSCI INDIA ETF 46429B598 31,195 694,205 SH   SOLE   694,205 0 0
ISHARES TR MSCI INDONIA ETF 46429B309 3,687 149,238 SH   SOLE   149,238 0 0
ISHARES TR MSCI KUWAIT ETF 46436E817 1,642 41,879 SH   SOLE   41,879 0 0
ISHARES TR MSCI PHILIPS ETF 46429B408 1,633 51,698 SH   SOLE   51,698 0 0
ISHARES TR MSCI POLAND ETF 46429B606 1,735 90,112 SH   SOLE   90,112 0 0
ISHARES TR MSCI QATAR ETF 46434V779 1,528 63,880 SH   SOLE   63,880 0 0
ISHARES TR MSCI SAUDI ARBIA 46434V423 9,094 190,001 SH   SOLE   190,001 0 0
ISHARES TR MSCI UAE ETF 46434V761 3,078 163,392 SH   SOLE   163,392 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 739 3,598 SH   SOLE   3,598 0 0
ISHARES TR S&P 500 GRWT ETF 464287309 6,951 91,050 SH   SOLE   91,050 0 0
J P MORGAN EXCHANGE-TRADED F ULTRA SHRT INC 46641Q837 2,067 41,141 SH   SOLE   41,141 0 0
KINDER MORGAN INC DEL COM 49456B101 1,830 96,760 SH   SOLE   96,760 0 0
MERCK & CO INC COM 58933Y105 1,715 20,896 SH   SOLE   20,896 0 0
META PLATFORMS INC CL A 30303M102 1,176 5,288 SH   SOLE   5,288 0 0
MICROSOFT CORP COM 594918104 474 1,537 SH   SOLE   1,537 0 0
NETEASE INC SPONSORED ADS 64110W102 918 10,235 SH   SOLE   10,235 0 0
NVIDIA CORPORATION COM 67066G104 455 1,667 SH   SOLE   1,667 0 0
SPDR GOLD TR GOLD SHS 78463V107 6,884 37,981 SH   SOLE   37,981 0 0
SSGA ACTIVE ETF TR BLACKSTONE SENR 78467V608 27,498 611,867 SH   SOLE   611,867 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 8,962 85,961 SH   SOLE   85,961 0 0
VALE S A SPONSORED ADS 91912E105 1,010 50,524 SH   SOLE   50,524 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 5,389 30,622 SH   SOLE   30,622 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 12,293 131,109 SH   SOLE   131,109 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 4,818 61,732 SH   SOLE   61,732 0 0
WILLIAMS COS INC COM 969457100 2,035 60,898 SH   SOLE   60,898 0 0
YUM CHINA HLDGS INC COM 98850P109 493 11,872 SH   SOLE   11,872 0 0