Gunma Bank,Ltd. Form 13F-HR Filed 2020-07-22

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	July 31, 2015
Estimated average burden
hours per response:		23.8

Report for the Calendar Year or Quarter Ended:

06-30-2020

Check here if Amendment:	☐ Amendment Number:
This Amendment (Check only one.):	☐ is a restatement. ☐ adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:	Gunma Bank,Ltd.
Address:	194,MOTOSOJAMACHI
	MAEBASHI
	GUNMA, M0 371-8611
Form 13F File Number:	028-15260

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:	Takashi Osawa
Title:	Deputy General Manager
Phone:	8127-254-3717

Signature, Place, and Date of Signing:

Takashi Osawa

[Signature]

Gunma, JAPAN

[City, State]

07-21-2020

[Date]

Report Type (Check only one.):

☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)

☐ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)

☐ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

Form 13F Summary Page

Report Summary:

Number of Other Included Managers:	0
Form 13F Information table Entry Total:	13
Form 13F Information table Value Total:	96596 (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

NONE

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	July 31, 2015
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
ISHARES INC	MSCI AUST ETF	464286103	16,187	840,000	SH		SOLE		840,000	0	0
ISHARES TR	SELECT DIVID ETF	464287168	2,744	34,000	SH		SOLE		34,000	0	0
VANGUARD INDEX FDS	REAL ESTATE ETF	922908553	12,722	162,000	SH		SOLE		162,000	0	0
ISHARES TR	COHEN STEER REIT	464287564	16,141	160,000	SH		SOLE		160,000	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	13,949	177,000	SH		SOLE		177,000	0	0
ISHARES TR	GLOBAL REIT ETF	46434V647	12,152	582,000	SH		SOLE		582,000	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	3,714	15,000	SH		SOLE		15,000	0	0
SPDR SP 500 ETF TR	TR UNIT	78462F103	3,392	11,000	SH		SOLE		11,000	0	0
ISHARES TR	CORE SP500 ETF	464287200	3,407	11,000	SH		SOLE		11,000	0	0
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	3,146	22,000	SH		SOLE		22,000	0	0
VANGUARD WORLD FDS	INF TECH ETF	92204A702	3,066	11,000	SH		SOLE		11,000	0	0
ISHARES TR	U.S. TECH ETF	464287721	2,968	11,000	SH		SOLE		11,000	0	0
ISHARES TR	CORE DIV GRWTH	46434V621	3,008	80,000	SH		SOLE		80,000	0	0