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
EXPRESS SCRIPTS HOLDING COMPANY COM 30219G108 49,862 756,524 SH   SOLE 1 756,524 0 0
HALCON RESOURCES CORP COM PAR NEW 40537Q605 1,981 257,325 SH   SOLE 1 257,325 0 0
ING SPDR BLOOMBERG BARCLAYS LONG TERM ET BLOMBERG BRC COR 78464A367 5,887 146,600 SH   SOLE 1 146,600 0 0
IQ 50PCT HEDGED FTSE EUR ETF HDGD FTSE EURO 45409B552 49,138 2,682,193 SH   SOLE   2,682,193 0 0
IQ 50PCT HEDGED FTSE INT ETF HDGD FTSE INTL 45409B560 135,277 7,005,545 SH   SOLE   7,005,545 0 0
IQ Enhanced Core Bond US ETF IQ ENCH BD US 45409B487 35,047 1,804,692 SH   SOLE   1,804,692 0 0
IQ ENHANCED CORE PLUS BOND U IQ ENCH COR PL 45409B479 148,473 7,483,503 SH   SOLE   7,483,503 0 0
IQ GLOBAL RESOURCES ETF IQ GLB RES ETF 45409B883 80,909 3,134,793 SH   SOLE   3,134,793 0 0
ISHARES TIPS BOND ETF TIPS BD ETF 464287176 4,139 36,102 SH   SOLE   36,102 0 0
ISHARES 10 YEAR CREDIT BOND BND ETFUND 10 YR CR BD ETF 464289511 23,548 397,500 SH   SOLE 1 397,500 0 0
ISHARES IBOXX $ INVESTMENT GRADE CORP BD IBOXX INV CP ETF 464287242 29,419 249,500 SH   SOLE 1 249,500 0 0
ISHARES INTERMEDIATE CREDIT INTERM CR BD ETF 464288638 18,511 169,886 SH   SOLE 1 169,886 0 0
ISHARES INTERMEDIATE GOVERNM INTRM GOV/CR ETF 464288612 13,074 118,640 SH   SOLE   118,640 0 0
ISHARES MSCI ALL COUNTRY ASI MSCI AC ASIA ETF 464288182 13,108 208,255 SH   SOLE   208,255 0 0
ISHARES MSCI FRONTIER 100 MSCI FRNTR100ETF 464286145 1,690 60,916 SH   SOLE   60,916 0 0
ISHARES MSCI INDIA ETF MSCI INDIA ETF 46429B598 2,011 63,874 SH   SOLE   63,874 0 0
ISHARES MSCI PHILIPPINES MSCI PHILIPS ETF 46429B408 1,441 42,170 SH   SOLE   42,170 0 0
ISHARES MSCI POLAND CAPPED E MSCI POL CAP ETF 46429B606 914 42,360 SH   SOLE   42,360 0 0
ISHARES RUSSELL 1000 VALUE RUS 1000 VAL ETF 464287598 14,202 123,561 SH   SOLE   123,561 0 0
ISHARES RUSSELL 2000 RUSSELL 2000 ETF 464287655 60,170 437,666 SH   SOLE   437,666 0 0
SPDR S&P EMERGING MKTS SMALL S&P EMKTSC ETF 78463X756 7,533 165,988 SH   SOLE   165,988 0 0
THE INTERPUBLIC GROUP OF COMPANIES COM 460690100 186 7,584 SH   SOLE 1 7,584 0 0
VANECK VECTORS AFRICA INDEX AFRICA INDEX ETF 92189F866 971 46,488 SH   SOLE   46,488 0 0
VANECK VECTORS EMERGING MARK JP MORGAN MKTS 92189F494 10,069 543,950 SH   SOLE   543,950 0 0
VANECK VECTORS INDIA S/C INDIA SMALL CAP 92189F767 1,687 31,852 SH   SOLE   31,852 0 0
VANGUARD INTERMEDIATE TERM CORPORA INT-TERM CORP 92206C870 11,748 136,000 SH   SOLE 1 136,000 0 0
VANGUARD LONG TERM BOND INDEX FUND LONG TERM BOND 921937793 11,813 131,200 SH   SOLE 1 131,200 0 0
VANGUARD LONG TERM CORPORATE BOND LG-TERM COR BD 92206C813 35,349 393,200 SH   SOLE 1 393,200 0 0
VANGUARD MID-CAP VALUE ETF MCAP VL IDXVIP 922908512 23,658 232,128 SH   SOLE   232,128 0 0
VANGUARD S/T INFL PROT SEC INDEX FUND STRM INFPROIDX 922020805 9,805 198,197 SH   SOLE   198,197 0 0