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
AUTONAVI HOLDINGS LTD ADR COM 05330F106 168 13,900 SH   SOLE 0 13,900 0 0
ISHARES MSCI BRAZIL COM 464286400 5,724 130,505 SH   SOLE 0 130,505 0 0
ISHARES MSCI CHILE INVESTABL COM 464286640 4,309 80,103 SH   SOLE 0 80,103 0 0
ISHARES MSCI CHINA INDEX COM 46429B671 8,172 200,000 SH   SOLE 0 200,000 0 0
ISHARES MSCI MALAYSIA COM 464286830 32,437 2,086,000 SH   SOLE 0 2,086,000 0 0
ISHARES MSCI MEXICO INVESTAB COM 464286822 38,866 596,110 SH   SOLE 0 596,110 0 0
ISHARES MSCI SOUTH KOREA IND COM 464286772 28,979 544,720 SH   SOLE 0 544,720 0 0
ISHARES MSCI TAIWAN INDEX FD COM 464286731 129,708 9,752,516 SH   SOLE 0 9,752,516 0 0
ISHARES MSCI THAILAND INVSTB COM 464286624 2,039 26,000 SH   SOLE 0 26,000 0 0
ISHARES MSCI TURKEY INVSTBLE COM 464286715 17,512 295,905 SH   SOLE 0 295,905 0 0
MARKET VECTORS INDONESIA IND COM 57060U753 2,893 100,000 SH   SOLE 0 100,000 0 0
MINDRAY MEDICAL INTL LTD ADR COM 602675100 524 14,000 SH   SOLE 0 14,000 0 0
QIHOO 360 TECHNOLOGY CO ADR COM 74734M109 1,344 29,100 SH   SOLE 0 29,100 0 0
TAIWAN SEMICONDUCTOR-SP ADR COM 874039100 372 20,300 SH   SOLE 0 20,300 0 0
VANGUARD EMERGING MARKETS FUND COM 922042858 2,504 64,575 SH   SOLE 0 64,575 0 0
VIPSHOP HOLDINGS LTD ADS COM 92763W103 531 18,220 SH   SOLE 0 18,220 0 0