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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
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 19,171,975 239,500 SH   SOLE   0 0 0
ISHARES TR MSCI EAFE ETF 464287465 22,060,584 362,600 SH   SOLE   0 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 1,414,440 36,000 SH   SOLE   0 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 1,464,915 18,300 SH   SOLE   0 0 0
ISHARES TR MSCI EAFE ETF 464287465 1,198,548 19,700 SH   SOLE   0 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 152,523 3,881 SH   SOLE   0 0 0
ISHARES TR MSCI EAFE ETF 464287465 120,496 1,980 SH   SOLE   0 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 398,665 3,510 SH   SOLE   0 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 149,357 1,315 SH   SOLE   0 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 203,308 1,790 SH   SOLE   0 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 366,295 3,225 SH   SOLE   0 0 0
ISHARES GOLD TRUST ISHARES 464285105 806,520 70,500 SH   SOLE   0 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 159,355 1,332 SH   SOLE   0 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 342,414 2,862 SH   SOLE   0 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 1,396,393 11,673 SH   SOLE   0 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 3,240,348 12,275 SH   SOLE   0 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 301,994 1,469 SH   SOLE   0 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 3,443,250 16,752 SH   SOLE   0 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 6,441,504 31,339 SH   SOLE   0 0 0