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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

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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ISHARES INC MSCI PAC JP ETF 464286665   568,160 12,702 SH   DFND   0 12,702 0
ISHARES TR LATN AMER 40 ETF 464287390   3,309,268 104,790 SH   DFND   0 104,790 0
ISHARES TR EUROPE ETF 464287861   689,940 15,945 SH   DFND   0 15,945 0
ISHARES INC MSCI JPN ETF NEW 46434G822   743,691 13,107 SH   DFND   0 13,107 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   3,300,082 11,120 SH   DFND   0 11,120 0