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
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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
CLAYMORE EXCHANGE TRD FD TR GUGG FRNTR MKT 18383Q838 3,088 240,300 SH   SOLE   240,300 0 0
COLUMBIA ETF TR II INDIA INFRSR ETF 19762B806 6,868 525,500 SH   SOLE   525,500 0 0
COLUMBIA ETF TR II INDIA SML CP ETF 19762B889 3,413 185,500 SH   SOLE   185,500 0 0
ISHARES MSCI FRNTR100ETF 464286145 10,781 388,700 SH   SOLE   388,700 0 0
ISHARES GOLD TRUST ISHARES 464285105 29,123 2,424,900 SH   SOLE   2,424,900 0 0
ISHARES TR CORE S&P TTL STK 464287150 14,113 261,200 SH   SOLE   261,200 0 0
ISHARES TR TIPS BD ETF 464287176 52,986 462,200 SH   SOLE   462,200 0 0
ISHARES TR CORE US AGGBD ET 464287226 4,147 38,200 SH   SOLE   38,200 0 0
ISHARES TR 7-10YR TR BD ETF 464287440 23,239 220,100 SH   SOLE   220,100 0 0
ISHARES TR MSCI ACWI ETF 464288257 92,798 1,466,900 SH   SOLE   1,466,900 0 0
ISHARES TR SHRT TRS BD ETF 464288679 20,682 187,400 SH   SOLE   187,400 0 0
ISHARES TR MSCI INDIA ETF 46429B598 10,946 347,700 SH   SOLE   347,700 0 0
ISHARES U S ETF TR SHT MAT BD ETF 46431W507 28,361 564,400 SH   SOLE   564,400 0 0
ISHARES U S ETF TR COMMOD SEL STG 46431W853 10,496 312,900 SH   SOLE   312,900 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 18,821 517,800 SH   SOLE   517,800 0 0
SSGA ACTIVE ETF TR SPDR TR TACTIC 78467V848 15,316 313,400 SH   SOLE   313,400 0 0
UBS AG LONDON BRH VELOCITYSHS SHRT 90274D150 1,043 61,200 SH   SOLE   61,200 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 1,420 62,300 SH   SOLE   62,300 0 0
VANECK VECTORS ETF TR RARE EARTH STRAT 92189F742 9,446 527,400 SH   SOLE   527,400 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 58,642 477,300 SH   SOLE   477,300 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 15,416 388,100 SH   SOLE   388,100 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 39,770 785,700 SH   SOLE   785,700 0 0
WORLD CURRENCY GOLD TR LNG DLR GLD TR 98146B104 3,065 24,600 SH   SOLE   24,600 0 0