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
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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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 2,289,330 27,000 SH SOLE 27,000 0 0
FRANKLIN TEMPLETON ETF TR FRANKLIN INDIA 35473P769 7,913,368 208,796 SH SOLE 208,796 0 0
FUTU HLDGS LTD SPON ADS CL A 36118L106 3,359,580 42,000 SH SOLE 42,000 0 0
GRAB HOLDINGS LIMITED CLASS A ORD G4124C109 1,197,964 253,806 SH SOLE 253,806 0 0
ISHARES INC MSCI SINGPOR ETF 46434G780 1,557,053 71,261 SH SOLE 71,261 0 0
ISHARES TR CORE MSCI EURO 46434V738 144,537,172 2,677,606 SH SOLE 2,677,606 0 0
ISHARES TR CORE S&P500 ETF 464287200 376,758,143 640,005 SH SOLE 640,005 0 0
JD.COM INC SPON ADS CL A 47215P106 2,634,920 76,000 SH SOLE 76,000 0 0
KE HLDGS INC SPONSORED ADS 482497104 5,618,100 305,000 SH SOLE 305,000 0 0
LI AUTO INC SPONSORED ADS 50202M102 1,679,300 70,000 SH SOLE 70,000 0 0
NETEASE INC SPONSORED ADS 64110W102 6,512,330 73,000 SH SOLE 73,000 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102 6,595,320 68,000 SH SOLE 68,000 0 0
RAPID MICRO BIOSYSTEMS INC CLASS A COM 75340L104 584,015 648,905 SH DFND 648,905 0 0
SEA LTD SPONSORD ADS 81141R100 8,934,575 84,209 SH SOLE 84,209 0 0
SPDR SER TR PORTFOLIO S&P500 78464A854 343,165,327 4,977,739 SH SOLE 4,977,739 0 0
TRIP COM GROUP LTD ADS 89677Q107 7,209,300 105,000 SH SOLE 105,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 436,503,451 810,125 SH SOLE 810,125 0 0