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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
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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
FIDELITY TOTAL BD ETF 316188309 24,957 510,700 SH   SOLE   510,700 0 0
FLEXSHARES TR IBOXX 5YR TRGT 33939L605 77,169 3,125,500 SH   SOLE   3,125,500 0 0
INDEXIQ ETF TR IQ GLB RES ETF 45409B883 5,425 196,200 SH   SOLE   196,200 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 66,470 387,200 SH   SOLE   387,200 0 0
ISHARES GOLD TRUST ISHARES 464285105 38,069 3,167,100 SH   SOLE   3,167,100 0 0
ISHARES INC MSCI FRNTR100ETF 464286145 14,756 512,200 SH   SOLE   512,200 0 0
ISHARES INC CORE MSCI EMKT 46434G103 21,792 415,000 SH   SOLE   415,000 0 0
ISHARES TR CORE S&P TTL STK 464287150 20,790 332,500 SH   SOLE   332,500 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 525,439 3,208,400 SH Call SOLE   3,208,400 0 0
ISHARES TR MSCI ACWI ETF 464288257 386 5,400 SH   SOLE   5,400 0 0
ISHARES TR SHORT TREAS BD 464288679 20,975 189,900 SH   SOLE   189,900 0 0
ISHARES TR US TREAS BD ETF 46429B267 46,547 1,890,200 SH   SOLE   1,890,200 0 0
ISHARES US ETF TR COMMOD SEL STG 46431W853 15,777 403,900 SH   SOLE   403,900 0 0
JP MORGAN EXCHANGE TRADED FD ULTRA SHRT INC 46641Q837 325,084 6,488,700 SH   SOLE   6,488,700 0 0
VANECK VECTORS ETF TR RARE EARTH STRAT 92189F742 1,543 66,800 SH   SOLE   66,800 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 66,338 488,500 SH   SOLE   488,500 0 0