UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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| 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 | 26,255 | 1,170,000 | SH | SOLE | 1,170,000 | 0 | 0 | ||
| ISHARES TR | CORE HIGH DV ETF | 46429B663 | 5,243 | 61,000 | SH | SOLE | 61,000 | 0 | 0 | ||
| ISHARES TR | SELECT DIVID ETF | 464287168 | 3,183 | 34,000 | SH | SOLE | 34,000 | 0 | 0 | ||
| VANGUARD WHITEHALL FDS INC | HIGH DIV YLD | 921946406 | 4,297 | 53,000 | SH | SOLE | 53,000 | 0 | 0 | ||
| VANGUARD INDEX FDS | REIT ETF | 922908553 | 17,615 | 212,000 | SH | SOLE | 212,000 | 0 | 0 | ||
| ISHARES TR | COHEN STEER REIT | 464287564 | 16,102 | 160,000 | SH | SOLE | 160,000 | 0 | 0 | ||
| SPDR SERIES TRUST | DJ REIT ETF | 78464A607 | 925 | 10,000 | SH | SOLE | 10,000 | 0 | 0 | ||
| ISHARES TR | U.S. REAL ES ETF | 464287739 | 18,372 | 230,000 | SH | SOLE | 230,000 | 0 | 0 | ||
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 | 2,971 | 56,000 | SH | SOLE | 56,000 | 0 | 0 | ||