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
Consumer Discretionary Select Sector SPDR SBI CONS DISCR 81369Y407 6,991 37,792 SH   SOLE NONE 37,792 0 0
Consumer Staples Select Sector SPDR SBI CONS STPLS 81369Y308 7,005 92,310 SH   SOLE NONE 92,310 0 0
Energy Select Sector SPDR ENERGY 81369Y506 6,991 91,464 SH   SOLE NONE 91,464 0 0
Fidelity Limited Term Bond ETF LTD TRM BD ETF 316188200 2,625 52,762 SH   SOLE NONE 52,762 0 0
Fidelity MSCI Consumer Discretionary ETF MSCI CONSM DIS 316092204 252 3,126 SH   SOLE NONE 3,126 0 0
Fidelity MSCI Financials Index ETF MSCI FINLS IDX 316092501 7,013 129,514 SH   SOLE NONE 129,514 0 0
Fidelity MSCI Health Care Index ETF MSCI HLTH CARE I 316092600 207 3,156 SH   SOLE NONE 3,156 0 0
Fidelity MSCI Information Technology ETF MSCI INFO TECH I 316092808 7,001 56,878 SH   SOLE NONE 56,878 0 0
Fidelity MSCI Materials Index ETF MSCI MATLS INDEX 316092881 6,991 140,731 SH   SOLE NONE 140,731 0 0
Fidelity MSCI Utilities Index ETF MSCI UTILS INDEX 316092865 6,991 145,900 SH   SOLE NONE 145,900 0 0
HealthCare Select Sector SPDR SBI HEALTHCARE 81369Y209 6,991 51,036 SH   SOLE NONE 51,036 0 0
Industrial Select Sector SPDR SBI INT-INDS 81369Y704 6,991 67,892 SH   SOLE NONE 67,892 0 0
iShares 10-20 Year Treasury Bond ETF 10-20 YR TRS ETF 464288653 474 3,521 SH   SOLE NONE 3,521 0 0
iShares Agency Bond ETF AGENCY BOND ETF 464288166 2,909 25,904 SH   SOLE NONE 25,904 0 0
iShares Aggregate Bond ETF CORE US AGGBD ET 464287226 3,985 37,213 SH   SOLE NONE 37,213 0 0
iShares Barclays 7-10 Year Treasury Bond ETF BARCLAYS 7 10 YR 464287440 3,511 32,674 SH   SOLE NONE 32,674 0 0
iShares Government/Credit Bond ETF GOV/CRED BD ETF 464288596 3,985 35,131 SH   SOLE NONE 35,131 0 0
iShares Residential and Multisector Real Estate ETF RESIDENTIAL MULT 464288562 1,076 11,223 SH   SOLE NONE 11,223 0 0
iShares Russell 1000 Value Index ETF RUS 1000 VAL ETF 464287598 474 2,856 SH   SOLE NONE 2,856 0 0
iShares S&P Global 100 Index ETF GLOBAL 100 ETF 464287572 1,076 14,155 SH   SOLE NONE 14,155 0 0
iShares S&P Global Information Technology Se GLOBAL TECH ETF 464287291 474 8,172 SH   SOLE NONE 8,172 0 0
NuShares Enhanced Yield U.S. Aggregate Bond ETF NUVEEN ENHNC YLD 67092P102 6,143 267,571 SH   SOLE NONE 267,571 0 0
Real Estate Select Sector SPDR ETF RL EST SEL SEC 81369Y860 6,991 144,692 SH   SOLE NONE 144,692 0 0
Schwab US TIPS ETF US TIPS ETF 808524870 2,592 42,704 SH   SOLE NONE 42,704 0 0
SPDR Aggregate Bond ETF PORTFOLIO AGRGTE 78464A649 13,827 497,562 SH   SOLE NONE 497,562 0 0
SPDR Portfolio Intermediate Term Corporate Bond ETF PORTFOLIO INTRMD 78464A375 2,909 85,186 SH   SOLE NONE 85,186 0 0
SPDR Portfolio TIPS ETF PORTFLI TIPS ETF 78464A656 602 19,908 SH   SOLE NONE 19,908 0 0
Technology Select Sector SPDR TECHNOLOGY 81369Y803 4,199 26,414 SH   SOLE NONE 26,414 0 0
Vanguard Developed Markets ETF FTSE DEV MKT ETF 921943858 4,493 93,563 SH   SOLE NONE 93,563 0 0
Vanguard Emerging Markets ETF EMERG MKT BD ETF 921946885 864 12,370 SH   SOLE NONE 12,370 0 0
Vanguard FTSE All-World ex-US ETF ALLWRLD EX US 922042775 4,215 73,193 SH   SOLE NONE 73,193 0 0
Vanguard Intl Equity Index ALLWRLD EX US 922042775 275 2,566 SH   SOLE NONE 2,566 0 0
Vanguard Mid Cap ETF MID CAP ETF 922908629 4,148 17,441 SH   SOLE NONE 17,441 0 0
Vanguard Mortgage-Backed Securities ETF MTG-BKD SECS ETF 92206C771 2,909 58,066 SH   SOLE NONE 58,066 0 0
Vanguard Short-Term Treasury ETF SHORT TERM TREAS 92206C102 4,061 68,530 SH   SOLE NONE 68,530 0 0
Vanguard Small Cap ETF SML CP GRW ETF 922908595 4,148 16,717 SH   SOLE NONE 16,717 0 0
Vanguard Total World Stock ETF TT WRLD ST ETF 922042742 237 2,344 SH   SOLE NONE 2,344 0 0
WisdomTree Bloomberg U.S. Dollar Bullish Fund BLMBG US BULL 97717W471 3,985 150,571 SH   SOLE NONE 150,571 0 0
WisdomTree Emerging Markets ex State-Owned Enterprises Fund ETF EM EX ST-OWNED 97717X578 4,584 140,043 SH   SOLE NONE 140,043 0 0