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
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
Vanguard Index FDS S&P 500 ETF SHS 922908363 319,254,700 464,837 SH SOLE 464,837 0 0
Vanguard INTL Equity Index F FTSE EUROPE ETF 922042874 81,788,205 923,743 SH SOLE 923,743 0 0
Vanguard INTL Equity Index F FTSE EMR MKT ETF 922042858 41,933,717 702,525 SH SOLE 702,525 0 0
IShares Inc MSCI JAPAN ETF 46434G822 42,246,833 452,952 SH SOLE 452,952 0 0