Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TRUST S1	324,349	$66M	17.3%	$183.17	—	COM	78462F103
VGK	VANGUARD INDEX FUNDS EUROPEAN ETF	1,021,372	$54.34M	14.2%	$55.34	—	COM	922042874
—	GUGGENHEIM ETF TRUST S&P 500 EQUAL WEIGHTED INDEX FUND	492,995	$38.45M	10.1%	$72.09	—	COM	78355W106
—	JPMORGAN EXCHANGE TRADE NOTE 09 - 24.05.2024 / ALERIAN MLP	888,545	$34.48M	9.0%	$44.88	—	COM	46625H365
VNQ	VANGUARD INDEX FUNDS REIT ETF	412,328	$30.14M	7.9%	$67.63	—	COM	922908553
DVY	ISHARES SELECT DIVIDEND ETF	302,470	$22.32M	5.8%	$69.75	—	COM	464287168
—	ISHARES MSCI JAPAN ETF	1,594,594	$20.08M	5.2%	$11.71	—	COM	464286848
EEM	ISHARES INC MSCI EMMA ETF	518,747	$20.07M	5.2%	$39.19	—	COM	464287234
EPP	ISHARES MSCI PACIFIC EX-JAPAN ETF	310,467	$13.18M	3.4%	$45.01	—	COM	464286665
DIA	SPDR DJ INDUSTRIAL AVERAGE ETF TRUST	76,750	$12.78M	3.3%	$156.05	—	COM	78467X109
EWC	ISHARES MSCI CANADA ETF	404,291	$10.53M	2.8%	$29.66	—	COM	464286509
IEV	ISHARES S&P EUROPE 350 ETF	231,734	$10.13M	2.6%	$47.18	—	COM	464287861
VWO	VANGUARD INDEX FUNDS EMMA ETF	205,953	$8.419M	2.2%	$39.75	—	COM	922042858
IJH	ISHARES CORE S&P MID-CAP ETF	50,397	$7.339M	1.9%	$144.63	—	COM	464287507
IGIB	ISHARES INTERMEDIATE CREDIT BOND ETF	57,524	$6.208M	1.6%	$108.42	—	COM	464288638
VNQI	VANGUARD GLOBAL EX US REAL ESTATE INDEX FUND	84,323	$4.665M	1.2%	$55.32	—	COM	922042676
—	POWERSHARES ETF FUND TRUST II SENIOR LOAN PORTFOLIO	187,678	$4.465M	1.2%	$24.65	—	COM	73936Q769
IWM	ISHARES RUSSELL 2000 ETF	36,119	$4.355M	1.1%	$109.69	—	COM	464287655
HYG	ISHARES TRUST IBOXX USD HIGH YIELD CORPORATE BOND ETF	36,581	$3.153M	0.8%	$89.90	—	COM	464288513
GMF	SPDR INDEX SHARES FUNDS EMMA ASIA PAC ETF	30,767	$2.714M	0.7%	$77.63	—	COM	78463X301
TIP	ISHARES TIPS BOND ETF	14,231	$1.591M	0.4%	$112.87	—	COM	464287176
—	BANK OF AMERICA CORP	52,850	$900K	0.2%	$17.20	—	COM	60505104
EPOL	ISHARES MSCI POLAND INVESTABLE MARKET ETF	30,137	$661K	0.2%	$26.41	—	COM	46429B606
—	ISHARES INC MSCI SINGAPORE FREE ETF	40,998	$515K	0.1%	$12.81	—	COM	464286673
—	UBS ETRACS 11 - 24.05.2041 / 2X WELLS FARGO	24,712	$498K	0.1%	$23.45	—	COM	90267B765
EFA	ISHARES MSCI EAFE ETF	7,415	$471K	0.1%	$66.92	—	COM	464287465
—	MARKET VECTORS ETF TRUST BENEF INTEREST RUSSIA ETF	25,998	$453K	0.1%	$22.64	—	COM	57060U506
WY	WEYERHAEUSER CO	15,045	$452K	0.1%	$21.62	-2.1%	COM	962166104
IGSB	ISHARES 1 - 3 YR CREDIT BOND FUND ETF	3,773	$397K	0.1%	$105.20	—	COM	464288646
—	MARKET VECTORS VIETNAM ETF	21,026	$392K	0.1%	$16.88	—	COM	57060U761
—	PLUM CREEK TIMBER COMPANY INC REIT	10,100	$390K	0.1%	$41.83	—	COM	729251108
PCH	POTLATCH CORP	11,255	$379K	0.1%	$37.39	—	COM	737630103
RYN	RAYONIER INC REIT	10,455	$254K	0.1%	$37.11	—	COM	754907103
THD	ISHARES MSCI THAILAND CAPPED ETF	3,222	$240K	0.1%	$79.45	—	COM	464286624
AAPL	APPLE INC	1,869	$234K	0.1%	$21.63	+32.0%	COM	037833100
IEI	ISHARES 3 - 7 YEAR TREASURY BOND FUND ETF	1,695	$208K	0.1%	$122.67	—	COM	464288661
INDA	ISHARES MSCI INDIA	6,677	$202K	0.1%	$32.05	—	COM	46429B598
—	SPDR INDEX SHARES FUNDS EMMA MIDDLE EAST & AFRICA ETF	2,143	$140K	0.0%	$68.60	—	COM	78463X806
BVN	COMPANIA DE MINAS BUENAVENTURA SA	11,161	$116K	0.0%	$9.59	—	COM	204448104
TUR	ISHARES MSCI TURKEY ETF	2,555	$115K	0.0%	$48.53	—	COM	464286715
—	UBS 2XMONTHLY LEV LONG ETA 09.07.2040 /ALERIAN MLP	2,443	$104K	0.0%	$73.27	—	COM	902664200