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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
OMB APPROVAL
OMB Number: 3235-0006
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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
INDEXIQ ETF TR IQ CHAIKIN US 45409B388 413,098 16,717,863 SH   SOLE 16,717,863 0 0
INDEXIQ ETF TR IQ CHAIKIN US 45409B396 289,290 10,111,490 SH   SOLE 10,111,490 0 0
INDEXIQ ETF TR IQ S&P HGH YLD 45409B412 28,721 1,195,211 SH   SOLE 1,195,211 0 0
INDEXIQ ETF TR IQ ENCH COR PL 45409B479 148,776 7,797,464 SH   SOLE 7,797,464 0 0
INDEXIQ ETF TR IQ ENCH BD US 45409B487 32,807 1,756,360 SH   SOLE 1,756,360 0 0
INDEXIQ ETF TR HDGD FTSE INTL 45409B560 490,630 23,463,916 SH   SOLE 23,463,916 0 0
INDEXIQ ETF TR IQ GLB RES ETF 45409B883 184,207 6,662,090 SH   SOLE 6,662,090 0 0
ISHARES INC MSCI FRNTR100ETF 464286145 2,870 99,607 SH   SOLE 99,607 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 484 15,109 SH   SOLE 15,109 0 0
ISHARES TR TIPS BD ETF 464287176 4,040 35,790 SH   SOLE 35,790 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 8,801 72,509 SH   SOLE 72,509 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 6,385 38,987 SH   SOLE 38,987 0 0
ISHARES TR MSCI AC ASIA ETF 464288182 20,411 284,785 SH   SOLE 284,785 0 0
ISHARES TR EAFE SML CP ETF 464288273 25,808 411,351 SH   SOLE 411,351 0 0
ISHARES TR INTRM GOV CR ETF 464288612 27,147 251,918 SH   SOLE 251,918 0 0
ISHARES TR MSCI PHILIPS ETF 46429B408 2,438 80,870 SH   SOLE 80,870 0 0
ISHARES TR MSCI INDIA ETF 46429B598 3,248 97,572 SH   SOLE 97,572 0 0
ISHARES TR MSCI POLAND ETF 46429B606 1,268 58,213 SH   SOLE 58,213 0 0
SPDR INDEX SHS FDS S&P EMKTSC ETF 78463X756 11,464 241,601 SH   SOLE 241,601 0 0
VANECK VECTORS ETF TR JP MORGAN MKTS 92189F494 10,121 594,624 SH   SOLE 594,624 0 0
VANECK VECTORS ETF TR INDIA SMALL CAP 92189F767 2,281 46,863 SH   SOLE 46,863 0 0
VANECK VECTORS ETF TR AFRICA INDEX ETF 92189F866 1,587 67,405 SH   SOLE 67,405 0 0
VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 2,370 21,452 SH   SOLE 21,452 0 0
VANGUARD MALVERN FDS STRM INFPROIDX 922020805 9,360 191,601 SH   SOLE 191,601 0 0