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
SPDR S&P International Small Cap ETF S&P INTL SMLCP 78463X871 4,166 43,400 SH   SOLE   0 0 43,400
Xtrackers USD High Yield Corp Bd ETF XTRACK USD HIGH 233051432 5,984 129,222 SH   SOLE   0 0 129,222
ISHARES TR CORE MSCI EAFE CORE MSCI EAFE 46432F842 7,627 133,427 SH   SOLE   0 0 133,427
iShares Core MSCI Emerging Markets ETF CORE MSCI EMKT 46434G103 1,963 41,239 SH   SOLE   0 0 41,239
iShares Core S&P Small-Cap ETF CORE S&P SCP ETF 464287804 1,965 28,773 SH   SOLE   0 0 28,773
SPDR(R) S&P MidCap 400 ETF UTSER1 S&PDCRP 78467Y107 1,473 4,538 SH   SOLE   0 0 4,538
Schwab US REIT ETF US REIT ETF 808524847 2,372 67,343 SH   SOLE   0 0 67,343
SPDR(R) Nuveen Blmbg Barclays ST MunBd ETF NUVN BR SHT MUNI 78468R739 11 222 SH   SOLE   0 0 222
iShares 1-3 Year Treasury Bond ETF 1-3YRTRBDETF 464287457 1,030 46,070 SH   SOLE   0 0 46,070
SPDR(R) S&P 500 ETF TR UNIT 78462F103 27,011 87,595 SH   SOLE   0 0 87,595
iShares TIPS Bond ETF TIPS BD ETF 464287176 6,876 55,900 SH   SOLE   0 0 55,900
iShares TR 20 YR TR BD ETF 20 YR TR BD ETF 464287432 8,292 50,697 SH   SOLE   0 0 50,697
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 1,138 30,058 SH   SOLE   0 0 30,058
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 3,601 34,460 SH   SOLE   0 0 34,460
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 2,256 22,541 SH   SOLE   0 0 22,541
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 1,580 12,375 SH   SOLE   0 0 12,375