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 IBOXX INVESTMENTGRADE ETF 464287242 2,410 20,000 SH   SOLE   20,000 0 0
VANGUARD INDEX FDS VANGUARDREI ETF 922908553 10,404 125,000 SH   SOLE   125,000 0 0
VANGUARD INDEX FDS VANGUARDSMA ETF 922908751 14,728 108,665 SH   SOLE   108,665 0 0
VANGUARD INDEX FDS VANGUARDTOT ETF 922908769 48,473 389,500 SH   SOLE   389,500 0 0
VANGUARD INTL EQUITY INDEXFDS ETF 922042866 10,132 153,975 SH   SOLE   153,975 0 0
VANGUARD INTL EQUITY INDEXFDS ETF 922042874 16,256 294,807 SH   SOLE   294,807 0 0
VANGUARD INTL EQUITY INDEXFUND ETF 922042858 11,444 280,295 SH   SOLE   280,295 0 0
VANGUARD WHITEHALL FDSHIGH DIV ETF 921946406 22,666 290,000 SH   SOLE   290,000 0 0
WISDOMTREE TR EMERGINGMKTS HIG ETF 97717w315 4,208 102,658 SH   SOLE   102,658 0 0
WISDOMTREE TR US SMALLCAPDIVD ETF 97717w604 9,155 113,755 SH   SOLE   113,755 0 0