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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
GLOBAL X FDS GLB X MLP ENRG I 37950E226 66,974 5,445,056 SH   SOLE   5,445,056 0 0
GLOBAL X FDS US PFD ETF 37954Y657 5,896 235,011 SH   SOLE   235,011 0 0
ISHARES INC MSCI STH KOR ETF 464286772 1,757 31,177 SH   SOLE   31,177 0 0
ISHARES TR MSCI EURO FL ETF 464289180 3,479 197,646 SH   SOLE   197,646 0 0
ISHARES TR MSCI UK ETF NEW 46435G334 64,785 2,093,067 SH   SOLE   2,093,067 0 0
JP MORGAN EXCHANGE TRADED FD BETBULD JAPAN 46641Q712 56,546 2,381,883 SH   SOLE   2,381,883 0 0
PROSHARES TR PSHS ULTSH 20YRS 74347B201 204 8,385 SH   SOLE   8,385 0 0
SPDR SERIES TRUST BLMBRG BRC CNVRT 78464A359 7,631 145,490 SH   SOLE   145,490 0 0
SPDR SER TR SPDR BLOOMBERG 78468R663 24,947 272,382 SH   SOLE   272,382 0 0
SCHWAB STRATEGIC TR SCHWB FDT EMK LG 808524730 3,228 117,914 SH   SOLE   117,914 0 0
SCHWAB STRATEGIC TR US REIT ETF 808524847 3,991 84,612 SH   SOLE   84,612 0 0
SCHWAB STRATEGIC TR INTRM TRM TRES 808524854 38,789 698,144 SH   SOLE   698,144 0 0
SCHWAB STRATEGIC TR SHT TM US TRES 808524862 12,726 251,559 SH   SOLE   251,559 0 0
SCHWAB STRATEGIC TR US TIPS ETF 808524870 15,260 268,856 SH   SOLE   268,856 0 0
VANECK VECTORS ETF TR RUSSIA ETF 92189F403 1,589 69,680 SH   SOLE   69,680 0 0
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 4,507 51,212 SH   SOLE   51,212 0 0
VANGUARD MALVERN FDS STRM INFPROIDX 922020805 15,954 325,264 SH   SOLE   325,264 0 0
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 2,177 13,904 SH   SOLE   13,904 0 0
VANGUARD SCOTTSDALE FDS LONG TERM TREAS 92206C847 24,631 280,726 SH   SOLE   280,726 0 0