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
PowerShares S&P SmallCap Information Technology Portfolio COM 73937B860 1,778 23,093 SH   SOLE 0 23,093 0 0
PowerShares S&P SmallCap Materials Portfolio COM 73937B852 1,184 24,864 SH   SOLE 0 24,864 0 0
PowerShares S&P SmallCap Industrials Portfolio COM 73937B878 776 13,571 SH   SOLE 0 13,571 0 0
PowerShares S&P SmallCap Health Care Portfolio COM 73937B886 1,275 14,516 SH   SOLE 0 14,516 0 0
PowerShares S&P SmallCap Energy Portfolio COM 73937B704 298 22,344 SH   SOLE 0 22,344 0 0
PowerShares S&P SmallCap Consumer Discretionary Portfolio COM 73937B506 1,310 24,190 SH   SOLE 0 24,190 0 0
PowerShares S&P SmallCap Consumer Staples Portfolio COM 73937B605 386 5,827 SH   SOLE 0 5,827 0 0
SPDR S&P Regional Banking ETF COM 78464A698 792 14,386 SH   SOLE 0 14,386 0 0
iShares U.S. Medical Devices ETF COM 464288810 580 3,450 SH   SOLE 0 3,450 0 0
Airbus SE COM N0280E105 155 1,839 SH   SOLE 0 1,839 0 0
BAE Systems plc COM G06940103 135 16,906 SH   SOLE 0 16,906 0 0
Dassault Aviation SA COM F24539102 159 110 SH   SOLE 0 110 0 0
Energy Select Sector SPDR Fund COM 81369Y506 408 6,254 SH   SOLE 0 6,254 0 0
Global X MSCI Nigeria ETF COM 37954Y665 108 5,607 SH   SOLE 0 5,607 0 0
Guggenheim China Technology ETF COM 18383Q135 477 9,756 SH   SOLE 0 9,756 0 0
iShares Currency Hedged MSCI Germany ETF COM 46434V704 537 19,262 SH   SOLE 0 19,262 0 0
iShares Europe Developed Real Estate ETF COM 464288471 341 9,055 SH   SOLE 0 9,055 0 0
iShares Global Energy ETF COM 464287341 1,168 37,256 SH   SOLE 0 37,256 0 0
iShares MSCI Australia ETF COM 464286103 554 24,988 SH   SOLE 0 24,988 0 0
iShares MSCI Brazil Small-Cap ETF COM 464289131 136 9,629 SH   SOLE 0 9,629 0 0
iShares MSCI Canada ETF COM 464286509 562 20,499 SH   SOLE 0 20,499 0 0
iShares MSCI China ETF COM 46429B671 534 9,318 SH   SOLE 0 9,318 0 0
iShares MSCI Japan ETF COM 46434G822 263 4,923 SH   SOLE 0 4,923 0 0
iShares MSCI Russia Capped ETF COM 46434G798 76 2,551 SH   SOLE 0 2,551 0 0
iShares MSCI South Africa ETF COM 464286780 290 4,865 SH   SOLE 0 4,865 0 0
iShares MSCI South Korea Capped ETF COM 464286772 212 3,035 SH   SOLE 0 3,035 0 0
iShares MSCI Spain Capped ETF COM 464286764 653 19,514 SH   SOLE 0 19,514 0 0
iShares MSCI Taiwan Capped ETF COM 46434G772 369 10,110 SH   SOLE 0 10,110 0 0
iShares MSCI United Kingdom ETF COM 46435G334 476 14,116 SH   SOLE 0 14,116 0 0
iShares U.S. Healthcare Providers ETF COM 464288828 791 5,296 SH   SOLE 0 5,296 0 0
iShares U.S. Medical Devices ETF COM 464288810 1,036 6,162 SH   SOLE 0 6,162 0 0
iShares U.S. Technology ETF COM 464287721 1,074 7,368 SH   SOLE 0 7,368 0 0
Leonardo SpA COM T63512106 162 9,019 SH   SOLE 0 9,019 0 0
Materials Select Sector SPDR Fund COM 81369Y100 436 7,880 SH   SOLE 0 7,880 0 0
PowerShares International BuyBack Achievers Portfolio COM 73937B621 1,003 30,718 SH   SOLE 0 30,718 0 0
PowerShares KBW Bank Portfolio COM 73937B746 1,259 25,395 SH   SOLE 0 25,395 0 0
SPDR EURO STOXX 50 ETF COM 78463X202 625 15,909 SH   SOLE 0 15,909 0 0
SPDR S&P Insurance ETF COM 78464A789 809 9,055 SH   SOLE 0 9,055 0 0
SPDR S&P International Health Care Sector ETF COM 78463X681 616 12,330 SH   SOLE 0 12,330 0 0
SPDR S&P Regional Banking ETF COM 78464A698 736 13,379 SH   SOLE 0 13,379 0 0
Thales SA COM F9156M108 143 1,312 SH   SOLE 0 1,312 0 0
Vanguard Consumer Staples ETF COM 92204A207 1,051 7,483 SH   SOLE 0 7,483 0 0
Vanguard Telecommunication Services ETF COM 92204A884 844 9,342 SH   SOLE 0 9,342 0 0
WisdomTree India Earnings Fund COM 97717W422 224 8,670 SH   SOLE 0 8,670 0 0
WisdomTree Japan Hedged Financials Fund COM 97717W463 380 15,768 SH   SOLE 0 15,768 0 0
Utilities Select Sector SPDR Fund COM 81369Y886 485 9,299 SH   SOLE 0 9,299 0 0
Global X MSCI Nigeria ETF COM 37954Y665 109 5,678 SH   SOLE 0 5,678 0 0
Airbus SE COM N0280E105 172 2,037 SH   SOLE 0 2,037 0 0
BAE Systems plc COM G06940103 153 19,133 SH   SOLE 0 19,133 0 0
Dassault Aviation SA COM F24539102 175 121 SH   SOLE 0 121 0 0
Guggenheim China Technology ETF COM 18383Q135 238 4,870 SH   SOLE 0 4,870 0 0
iShares Currency Hedged MSCI Germany ETF COM 46434V704 255 9,148 SH   SOLE 0 9,148 0 0
iShares Currency Hedged MSCI Spain ETF COM 46435G813 154 6,590 SH   SOLE 0 6,590 0 0
iShares MSCI Australia ETF COM 464286103 707 31,879 SH   SOLE 0 31,879 0 0
iShares MSCI Brazil Capped ETF COM 464286400 181 4,934 SH   SOLE 0 4,934 0 0
iShares MSCI Brazil Small-Cap ETF COM 464289131 185 13,107 SH   SOLE 0 13,107 0 0
iShares MSCI Canada ETF COM 464286509 568 20,711 SH   SOLE 0 20,711 0 0
iShares MSCI China ETF COM 46429B671 154 2,691 SH   SOLE 0 2,691 0 0
iShares MSCI Europe Financials ETF COM 464289180 654 28,811 SH   SOLE 0 28,811 0 0
iShares MSCI Japan ETF COM 46434G822 973 18,176 SH   SOLE 0 18,176 0 0
iShares MSCI Russia Capped ETF COM 46434G798 211 7,021 SH   SOLE 0 7,021 0 0
iShares MSCI South Africa ETF COM 464286780 394 6,605 SH   SOLE 0 6,605 0 0
iShares MSCI South Korea Capped ETF COM 464286772 96 1,381 SH   SOLE 0 1,381 0 0
iShares MSCI Spain Capped ETF COM 464286764 198 5,916 SH   SOLE 0 5,916 0 0
iShares MSCI Taiwan Capped ETF COM 46434G772 350 9,600 SH   SOLE 0 9,600 0 0
iShares MSCI United Kingdom ETF COM 46435G334 305 9,048 SH   SOLE 0 9,048 0 0
Leonardo SpA COM T63512106 180 10,076 SH   SOLE 0 10,076 0 0
PowerShares International BuyBack Achievers Portfolio COM 73937B621 1,021 31,247 SH   SOLE 0 31,247 0 0
SPDR EURO STOXX 50 ETF COM 78463X202 1,800 45,829 SH   SOLE 0 45,829 0 0
SPDR S&P International Consumer Staples Sector ETF COM 78463X723 1,658 36,046 SH   SOLE 0 36,046 0 0
SPDR S&P International Energy Sector ETF COM 78463X715 1,811 102,433 SH   SOLE 0 102,433 0 0
SPDR S&P International Health Care Sector ETF COM 78463X681 1,354 27,065 SH   SOLE 0 27,065 0 0
SPDR S&P International Materials Sector ETF COM 78463X665 838 35,991 SH   SOLE 0 35,991 0 0
SPDR S&P International Telecommunications Sector ETF COM 78463X640 597 23,641 SH   SOLE 0 23,641 0 0
Thales SA COM F9156M108 158 1,447 SH   SOLE 0 1,447 0 0
WisdomTree Emerging Markets High Dividend Fund COM 97717W315 1,800 42,524 SH   SOLE 0 42,524 0 0
WisdomTree India Earnings Fund COM 97717W422 461 17,843 SH   SOLE 0 17,843 0 0
WisdomTree Japan Hedged Financials Fund COM 97717W463 1,405 58,313 SH   SOLE 0 58,313 0 0
Utilities Select Sector SPDR Fund COM 81369Y886 3,287 63,033 SH   SOLE 0 63,033 0 0
Airbus SE COM N0280E105 1,742 20,627 SH   SOLE 0 20,627 0 0
BAE Systems plc COM G06940103 1,497 186,818 SH   SOLE 0 186,818 0 0
Dassault Aviation SA COM F24539102 1,776 1,227 SH   SOLE 0 1,227 0 0
Energy Select Sector SPDR Fund COM 81369Y506 6,823 104,457 SH   SOLE 0 104,457 0 0
Guggenheim China Technology ETF COM 18383Q135 2,741 55,963 SH   SOLE 0 55,963 0 0
Industrial Select Sector SPDR Fund COM 81369Y704 7,900 113,859 SH   SOLE 0 113,859 0 0
iShares Currency Hedged MSCI Germany ETF COM 46434V704 7,621 272,963 SH   SOLE 0 272,963 0 0
iShares Europe Developed Real Estate ETF COM 464288471 3,925 104,163 SH   SOLE 0 104,163 0 0
iShares Global Energy ETF COM 464287341 4,722 150,588 SH   SOLE 0 150,588 0 0
iShares MSCI Australia ETF COM 464286103 6,373 287,332 SH   SOLE 0 287,332 0 0
iShares MSCI Brazil Small-Cap ETF COM 464289131 1,568 110,717 SH   SOLE 0 110,717 0 0
iShares MSCI Canada ETF COM 464286509 13,860 505,317 SH   SOLE 0 505,317 0 0
iShares MSCI China ETF COM 46429B671 986 17,183 SH   SOLE 0 17,183 0 0
iShares MSCI Japan ETF COM 46434G822 7,915 147,781 SH   SOLE 0 147,781 0 0
iShares MSCI Russia Capped ETF COM 46434G798 1,910 63,464 SH   SOLE 0 63,464 0 0
iShares MSCI South Africa ETF COM 464286780 3,339 55,946 SH   SOLE 0 55,946 0 0
iShares MSCI South Korea Capped ETF COM 464286772 959 13,710 SH   SOLE 0 13,710 0 0
iShares MSCI Spain Capped ETF COM 464286764 3,165 94,559 SH   SOLE 0 94,559 0 0
iShares MSCI Taiwan Capped ETF COM 46434G772 4,842 132,642 SH   SOLE 0 132,642 0 0
iShares MSCI United Kingdom ETF COM 46435G334 2,180 64,532 SH   SOLE 0 64,532 0 0
iShares U.S. Healthcare Providers ETF COM 464288828 7,665 51,320 SH   SOLE 0 51,320 0 0
iShares U.S. Medical Devices ETF COM 464288810 20,915 124,357 SH   SOLE 0 124,357 0 0
iShares U.S. Technology ETF COM 464287721 16,349 112,126 SH   SOLE 0 112,126 0 0
Leonardo SpA COM T63512106 1,821 101,922 SH   SOLE 0 101,922 0 0
Materials Select Sector SPDR Fund COM 81369Y100 5,059 91,391 SH   SOLE 0 91,391 0 0
PowerShares International BuyBack Achievers Portfolio COM 73937B621 11,490 351,609 SH   SOLE 0 351,609 0 0
PowerShares KBW Bank Portfolio COM 73937B746 14,243 287,221 SH   SOLE 0 287,221 0 0
SPDR EURO STOXX 50 ETF COM 78463X202 13,798 351,206 SH   SOLE 0 351,206 0 0
SPDR S&P Insurance ETF COM 78464A789 3,492 39,064 SH   SOLE 0 39,064 0 0
SPDR S&P Regional Banking ETF COM 78464A698 8,234 149,559 SH   SOLE 0 149,559 0 0
Thales SA COM F9156M108 1,603 14,671 SH   SOLE 0 14,671 0 0
Vanguard Dividend Appreciation ETF COM 921908844 3,320 35,540 SH   SOLE 0 35,540 0 0
Vanguard Telecommunication Services ETF COM 92204A884 7,514 83,171 SH   SOLE 0 83,171 0 0
WisdomTree Emerging Markets High Dividend Fund COM 97717W315 4,937 116,583 SH   SOLE 0 116,583 0 0
WisdomTree India Earnings Fund COM 97717W422 2,682 103,597 SH   SOLE 0 103,597 0 0
WisdomTree Japan Hedged Financials Fund COM 97717W463 6,368 264,158 SH   SOLE 0 264,158 0 0
Utilities Select Sector SPDR Fund COM 81369Y886 577 11,068 SH   SOLE 0 11,068 0 0
Consumer Staples Select Sector SPDR Fund COM 81369Y308 1,324 24,185 SH   SOLE 0 24,185 0 0
Industrial Select Sector SPDR Fund COM 81369Y704 285 4,111 SH   SOLE 0 4,111 0 0
Vanguard Telecommunication Services ETF COM 92204A884 755 8,363 SH   SOLE 0 8,363 0 0
Vanguard Dividend Appreciation ETF COM 921908844 417 4,473 SH   SOLE 0 4,473 0 0
SPDR EURO STOXX Small Cap ETF COM 78463X392 306 5,219 SH   SOLE 0 5,219 0 0
iShares Global Consumer Discretionary ETF COM 464288745 1,393 13,918 SH   SOLE 0 13,918 0 0
Global X MSCI Nigeria ETF COM 37954Y665 182 9,450 SH   SOLE 0 9,450 0 0
iShares Global Materials ETF COM 464288695 324 5,206 SH   SOLE 0 5,206 0 0
iShares MSCI China ETF COM 46429B671 153 2,677 SH   SOLE 0 2,677 0 0
iShares Global Consumer Staples ETF COM 464288737 534 5,205 SH   SOLE 0 5,205 0 0
SPDR S&P Regional Banking ETF COM 78464A698 1,277 23,195 SH   SOLE 0 23,195 0 0
SPDR S&P Insurance ETF COM 78464A789 1,600 17,897 SH   SOLE 0 17,897 0 0
PowerShares KBW Bank Portfolio COM 73937B746 233 4,699 SH   SOLE 0 4,699 0 0
iShares U.S. Technology ETF COM 464287721 651 4,466 SH   SOLE 0 4,466 0 0
iShares Global Tech ETF COM 464287291 1,926 14,152 SH   SOLE 0 14,152 0 0
iShares Global Energy ETF COM 464287341 1,238 39,489 SH   SOLE 0 39,489 0 0
PowerShares International BuyBack Achievers Portfolio COM 73937B621 851 26,043 SH   SOLE 0 26,043 0 0
iShares U.S. Medical Devices ETF COM 464288810 1,617 9,617 SH   SOLE 0 9,617 0 0
iShares U.S. Healthcare Providers ETF COM 464288828 1,055 7,063 SH   SOLE 0 7,063 0 0
iShares Currency Hedged MSCI Germany ETF COM 46434V704 803 28,778 SH   SOLE 0 28,778 0 0
SPDR EURO STOXX 50 ETF COM 78463X202 878 22,361 SH   SOLE 0 22,361 0 0
iShares MSCI South Africa ETF COM 464286780 420 7,040 SH   SOLE 0 7,040 0 0
iShares Global Industrials ETF COM 464288729 1,480 17,250 SH   SOLE 0 17,250 0 0
iShares MSCI Brazil Small-Cap ETF COM 464289131 276 19,488 SH   SOLE 0 19,488 0 0
iShares MSCI Brazil Capped ETF COM 464286400 197 5,382 SH   SOLE 0 5,382 0 0
iShares MSCI South Korea Capped ETF COM 464286772 149 2,136 SH   SOLE 0 2,136 0 0
iShares MSCI United Kingdom ETF COM 46435G334 381 11,305 SH   SOLE 0 11,305 0 0
iShares MSCI Taiwan Capped ETF COM 46434G772 800 21,930 SH   SOLE 0 21,930 0 0
iShares MSCI Spain Capped ETF COM 464286764 407 12,178 SH   SOLE 0 12,178 0 0
iShares MSCI Japan ETF COM 46434G822 557 10,402 SH   SOLE 0 10,402 0 0
iShares MSCI Canada ETF COM 464286509 810 29,541 SH   SOLE 0 29,541 0 0
iShares MSCI Australia ETF COM 464286103 533 24,056 SH   SOLE 0 24,056 0 0
iShares MSCI Europe Financials ETF COM 464289180 179 7,898 SH   SOLE 0 7,898 0 0
iShares MSCI Russia Capped ETF COM 46434G798 140 4,661 SH   SOLE 0 4,661 0 0
Columbia Emerging Markets Consumer ETF COM 19762B509 461 17,052 SH   SOLE 0 17,052 0 0
WisdomTree Japan Hedged Financials Fund COM 97717W463 733 30,434 SH   SOLE 0 30,434 0 0
Guggenheim China Technology ETF COM 18383Q135 435 8,888 SH   SOLE 0 8,888 0 0
SPDR MSCI Europe Health Care UCITS ETF COM F89826196 349 2,389 SH   SOLE 0 2,389 0 0
Leonardo SpA COM T63512106 142 7,986 SH   SOLE 0 7,986 0 0
Thales SA COM F9156M108 126 1,162 SH   SOLE 0 1,162 0 0
Dassault Aviation SA COM F24539102 141 98 SH   SOLE 0 98 0 0
Airbus SE COM N0280E105 137 1,625 SH   SOLE 0 1,625 0 0
BAE Systems plc COM G06940103 119 14,949 SH   SOLE 0 14,949 0 0
SPDR Barclays Intermediate Term Treasury ETF COM 78464A672 3,368 56,266 SH   SOLE 0 56,266 0 0
SPDR Barclays Aggregate Bond ETF COM 78464A649 2,238 39,191 SH   SOLE 0 39,191 0 0
Global X MSCI Nigeria ETF COM 37954Y665 145 7,510 SH   SOLE 0 7,510 0 0
iShares MSCI China ETF COM 46429B671 1,078 18,795 SH   SOLE 0 18,795 0 0
SPDR S&P International Telecommunications Sector ETF COM 78463X640 725 28,695 SH   SOLE 0 28,695 0 0
SPDR S&P International Health Care Sector ETF COM 78463X681 1,493 29,848 SH   SOLE 0 29,848 0 0
SPDR S&P International Materials Sector ETF COM 78463X665 381 16,382 SH   SOLE 0 16,382 0 0
SPDR S&P International Energy Sector ETF COM 78463X715 1,590 89,967 SH   SOLE 0 89,967 0 0
SPDR S&P International Consumer Staples Sector ETF COM 78463X723 1,438 31,255 SH   SOLE 0 31,255 0 0
SPDR S&P International Industrial Sector ETF COM 78463X673 526 15,147 SH   SOLE 0 15,147 0 0
PowerShares International BuyBack Achievers Portfolio COM 73937B621 915 28,014 SH   SOLE 0 28,014 0 0
iShares Currency Hedged MSCI Spain ETF COM 46435G813 505 21,590 SH   SOLE 0 21,590 0 0
iShares Currency Hedged MSCI Germany ETF COM 46434V704 567 20,311 SH   SOLE 0 20,311 0 0
SPDR EURO STOXX 50 ETF COM 78463X202 1,626 41,394 SH   SOLE 0 41,394 0 0
iShares MSCI South Africa ETF COM 464286780 322 5,396 SH   SOLE 0 5,396 0 0
iShares MSCI Brazil Small-Cap ETF COM 464289131 279 19,701 SH   SOLE 0 19,701 0 0
iShares MSCI South Korea Capped ETF COM 464286772 1,156 16,522 SH   SOLE 0 16,522 0 0
iShares MSCI United Kingdom ETF COM 46435G334 1,568 46,432 SH   SOLE 0 46,432 0 0
iShares MSCI Taiwan Capped ETF COM 46434G772 534 14,649 SH   SOLE 0 14,649 0 0
iShares MSCI Spain Capped ETF COM 464286764 218 6,515 SH   SOLE 0 6,515 0 0
iShares MSCI Japan ETF COM 46434G822 1,384 25,842 SH   SOLE 0 25,842 0 0
iShares MSCI Canada ETF COM 464286509 2,097 76,467 SH   SOLE 0 76,467 0 0
iShares MSCI Australia ETF COM 464286103 731 32,981 SH   SOLE 0 32,981 0 0
iShares MSCI Europe Financials ETF COM 464289180 1,368 60,240 SH   SOLE 0 60,240 0 0
iShares MSCI Russia Capped ETF COM 46434G798 148 4,945 SH   SOLE 0 4,945 0 0
WisdomTree India Earnings Fund COM 97717W422 368 14,249 SH   SOLE 0 14,249 0 0
WisdomTree Japan Hedged Financials Fund COM 97717W463 1,632 67,703 SH   SOLE 0 67,703 0 0
WisdomTree Emerging Markets High Dividend Fund COM 97717W315 1,828 43,173 SH   SOLE 0 43,173 0 0
Guggenheim China Technology ETF COM 18383Q135 263 5,372 SH   SOLE 0 5,372 0 0
Leonardo SpA COM T63512106 226 12,648 SH   SOLE 0 12,648 0 0
Thales SA COM F9156M108 210 1,925 SH   SOLE 0 1,925 0 0
Dassault Aviation SA COM F24539102 220 152 SH   SOLE 0 152 0 0
Airbus SE COM N0280E105 211 2,506 SH   SOLE 0 2,506 0 0
BAE Systems plc COM G06940103 183 22,917 SH   SOLE 0 22,917 0 0
Global X MSCI Nigeria ETF COM 37954Y665 199 10,321 SH   SOLE 0 10,321 0 0
iShares MSCI China ETF COM 46429B671 865 15,085 SH   SOLE 0 15,085 0 0
SPDR S&P International Telecommunications Sector ETF COM 78463X640 1,116 44,180 SH   SOLE 0 44,180 0 0
SPDR S&P International Health Care Sector ETF COM 78463X681 2,299 45,959 SH   SOLE 0 45,959 0 0
SPDR S&P International Materials Sector ETF COM 78463X665 676 29,017 SH   SOLE 0 29,017 0 0
SPDR S&P International Energy Sector ETF COM 78463X715 2,448 138,516 SH   SOLE 0 138,516 0 0
SPDR S&P International Consumer Staples Sector ETF COM 78463X723 2,131 46,320 SH   SOLE 0 46,320 0 0
SPDR S&P International Industrial Sector ETF COM 78463X673 810 23,329 SH   SOLE 0 23,329 0 0
PowerShares International BuyBack Achievers Portfolio COM 73937B621 1,409 43,135 SH   SOLE 0 43,135 0 0
iShares Currency Hedged MSCI Spain ETF COM 46435G813 778 33,245 SH   SOLE 0 33,245 0 0
iShares Currency Hedged MSCI Germany ETF COM 46434V704 873 31,274 SH   SOLE 0 31,274 0 0
SPDR EURO STOXX 50 ETF COM 78463X202 2,504 63,740 SH   SOLE 0 63,740 0 0
iShares MSCI South Africa ETF COM 464286780 495 8,309 SH   SOLE 0 8,309 0 0
iShares MSCI Brazil Small-Cap ETF COM 464289131 429 30,333 SH   SOLE 0 30,333 0 0
iShares MSCI South Korea Capped ETF COM 464286772 1,522 21,747 SH   SOLE 0 21,747 0 0
iShares MSCI United Kingdom ETF COM 46435G334 1,333 39,476 SH   SOLE 0 39,476 0 0
iShares MSCI Taiwan Capped ETF COM 46434G772 566 15,510 SH   SOLE 0 15,510 0 0
iShares MSCI Spain Capped ETF COM 464286764 335 10,031 SH   SOLE 0 10,031 0 0
iShares MSCI Japan ETF COM 46434G822 1,880 35,111 SH   SOLE 0 35,111 0 0
iShares MSCI Canada ETF COM 464286509 2,210 80,571 SH   SOLE 0 80,571 0 0
iShares MSCI Australia ETF COM 464286103 1,126 50,783 SH   SOLE 0 50,783 0 0
iShares MSCI Europe Financials ETF COM 464289180 1,482 65,278 SH   SOLE 0 65,278 0 0
iShares MSCI Russia Capped ETF COM 46434G798 208 6,918 SH   SOLE 0 6,918 0 0
WisdomTree India Earnings Fund COM 97717W422 568 21,947 SH   SOLE 0 21,947 0 0
WisdomTree Japan Hedged Financials Fund COM 97717W463 2,512 104,227 SH   SOLE 0 104,227 0 0
WisdomTree Emerging Markets High Dividend Fund COM 97717W315 2,814 66,463 SH   SOLE 0 66,463 0 0
Guggenheim China Technology ETF COM 18383Q135 405 8,271 SH   SOLE 0 8,271 0 0
Leonardo SpA COM T63512106 348 19,479 SH   SOLE 0 19,479 0 0
BAE Systems plc COM G06940103 123 15,363 SH   SOLE 0 15,363 0 0
Thales SA COM F9156M108 323 2,965 SH   SOLE 0 2,965 0 0
Dassault Aviation SA COM F24539102 338 234 SH   SOLE 0 234 0 0
Airbus SE COM N0280E105 325 3,859 SH   SOLE 0 3,859 0 0
BAE Systems plc COM G06940103 159 19,931 SH   SOLE 0 19,931 0 0
Global X MSCI Nigeria ETF COM 37954Y665 220 11,434 SH   SOLE 0 11,434 0 0
iShares MSCI China ETF COM 46429B671 560 9,761 SH   SOLE 0 9,761 0 0
SPDR S&P International Telecommunications Sector ETF COM 78463X640 1,314 52,028 SH   SOLE 0 52,028 0 0
SPDR S&P International Health Care Sector ETF COM 78463X681 2,707 54,122 SH   SOLE 0 54,122 0 0
SPDR S&P International Materials Sector ETF COM 78463X665 845 36,277 SH   SOLE 0 36,277 0 0
SPDR S&P International Energy Sector ETF COM 78463X715 2,883 163,122 SH   SOLE 0 163,122 0 0
SPDR S&P International Consumer Staples Sector ETF COM 78463X723 2,461 53,497 SH   SOLE 0 53,497 0 0
SPDR S&P International Industrial Sector ETF COM 78463X673 954 27,471 SH   SOLE 0 27,471 0 0
PowerShares International BuyBack Achievers Portfolio COM 73937B621 1,660 50,797 SH   SOLE 0 50,797 0 0
iShares Currency Hedged MSCI Spain ETF COM 46435G813 917 39,150 SH   SOLE 0 39,150 0 0
iShares Currency Hedged MSCI Germany ETF COM 46434V704 1,028 36,829 SH   SOLE 0 36,829 0 0
SPDR EURO STOXX 50 ETF COM 78463X202 2,949 75,062 SH   SOLE 0 75,062 0 0
iShares MSCI South Africa ETF COM 464286780 584 9,785 SH   SOLE 0 9,785 0 0
iShares MSCI Brazil Small-Cap ETF COM 464289131 506 35,721 SH   SOLE 0 35,721 0 0
iShares MSCI South Korea Capped ETF COM 464286772 1,645 23,503 SH   SOLE 0 23,503 0 0
iShares MSCI United Kingdom ETF COM 46435G334 943 27,926 SH   SOLE 0 27,926 0 0
iShares MSCI Taiwan Capped ETF COM 46434G772 515 14,111 SH   SOLE 0 14,111 0 0
iShares MSCI Spain Capped ETF COM 464286764 395 11,813 SH   SOLE 0 11,813 0 0
iShares MSCI Japan ETF COM 46434G822 2,071 38,674 SH   SOLE 0 38,674 0 0
iShares MSCI Canada ETF COM 464286509 2,010 73,291 SH   SOLE 0 73,291 0 0
iShares MSCI Australia ETF COM 464286103 1,326 59,803 SH   SOLE 0 59,803 0 0
iShares MSCI Europe Financials ETF COM 464289180 1,381 60,854 SH   SOLE 0 60,854 0 0
iShares MSCI Russia Capped ETF COM 46434G798 263 8,743 SH   SOLE 0 8,743 0 0
WisdomTree India Earnings Fund COM 97717W422 668 25,836 SH   SOLE 0 25,836 0 0
WisdomTree Japan Hedged Financials Fund COM 97717W463 2,959 122,738 SH   SOLE 0 122,738 0 0
WisdomTree Emerging Markets High Dividend Fund COM 97717W315 3,315 78,287 SH   SOLE 0 78,287 0 0
Guggenheim China Technology ETF COM 18383Q135 477 9,740 SH   SOLE 0 9,740 0 0
Leonardo SpA COM T63512106 410 22,942 SH   SOLE 0 22,942 0 0
Thales SA COM F9156M108 381 3,492 SH   SOLE 0 3,492 0 0
Dassault Aviation SA COM F24539102 399 276 SH   SOLE 0 276 0 0
Airbus SE COM N0280E105 384 4,546 SH   SOLE 0 4,546 0 0
BAE Systems plc COM G06940103 333 41,564 SH   SOLE 0 41,564 0 0