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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Abrdn Physical Gold Shares ETF 00326A104   3,818,861 193,458 SH   SOLE   0 0 0
Xtrackers USD High Yield Corporate Bond ETF 233051432   36,552,510 1,028,200 SH   SOLE   0 0 0
FIDELITY ADVISOR SERIES I Fidelity Advisor High Income Advantage Fund 315806802   10,489,510 999,001 SH   SOLE   0 0 0
Fidelity Capital & Income Fund 316062108   83,821,933 8,686,211 SH   SOLE   0 0 0
FlexShares High Yield Value-Scored Bond Index Fund 33939L662   25,968,798 635,400 SH   SOLE   0 0 0
Franklin FTSE Japan ETF 35473P744   3,865,223 138,093 SH   SOLE   0 0 0
Invesco QQQ Trust Series 1 46090E103   409,427,858 999,775 SH   SOLE   0 0 0
Invesco Senior Loan ETF 46138G508   40,311,894 1,903,300 SH   SOLE   0 0 0
iShares Core U.S. Aggregate Bond ETF 464287226   1,895,675 19,100 SH   SOLE   0 0 0
iShares iBoxx $ High Yield Corporate Bond ETF 464288513   3,879,019 50,123 SH   SOLE   0 0 0
iShares Short Treasury Bond ETF 464288679   10,495,059 95,297 SH   SOLE   0 0 0
iShares Broad USD High Yield Corporate Bond ETF 46435U853   185,730,325 5,109,500 SH   SOLE   0 0 0
SPDR Portfolio S&P 500 ETF 78464A854   3,938,155 70,450 SH   SOLE   0 0 0
SPDR Blackstone Senior Loan ETF 78467V608   40,269,572 960,400 SH   SOLE   0 0 0
SPDR Bloomberg Short Term High Yield Bond ETF 78468R408   51,504,318 2,048,700 SH   SOLE   0 0 0
SPDR Portfolio High Yield Bond ETF 78468R606   52,015,824 2,224,800 SH   SOLE   0 0 0
SPDR Bloomberg High Yield Bond ETF 78468R622   156,427,649 1,651,300 SH   SOLE   0 0 0
VanEck Fallen Angel High Yield Bond ETF 92189F437   52,624,230 1,828,500 SH   SOLE   0 0 0
Vanguard Mega Cap Growth ETF 921910816   114,625,567 441,700 SH   SOLE   0 0 0
Vanguard FTSE Europe ETF 922042874   3,949,722 61,255 SH   SOLE   0 0 0
Vanguard S&P 500 ETF 922908363   398,435,856 912,170 SH   SOLE   0 0 0
Vanguard Growth ETF 922908736   115,118,864 370,300 SH   SOLE   0 0 0
Vanguard Total Stock Market ETF 922908769   114,498,977 482,670 SH   SOLE   0 0 0