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

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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
BNY MELLON ETF TRUST US LRG CP CORE 09661T107 9,885,260 77,000 SH SOLE 77,000 0 0
FRANKLIN TEMPLETON ETF TR FRANKLIN INDIA 35473P769 11,000,550 295,000 SH SOLE 295,000 0 0
ISHARES INC MSCI SINGPOR ETF 46434G780 55,812,909 1,969,404 SH SOLE 1,969,404 0 0
ISHARES INC MSCI THAILND ETF 464286624 16,397,862 278,449 SH SOLE 278,449 0 0
ISHARES TR CORE MSCI EURO 46434V738 185,940,761 2,729,606 SH SOLE 2,729,606 0 0
ISHARES TR CORE S&P500 ETF 464287200 428,355,347 640,005 SH SOLE 640,005 0 0
ISHARES TR MSCI CHINA ETF 46429B671 119,181,915 1,809,900 SH SOLE 1,809,900 0 0
ISHARES TR MSCI INDONIA ETF 46429B309 19,367,127 1,103,540 SH SOLE 1,103,540 0 0
ISHARES TR MSCI PHILIPS ETF 46429B408 5,743,430 231,217 SH SOLE 231,217 0 0
KRANESHARES TRUST CSI CHI INTERNET 500767306 11,342,700 270,000 SH SOLE 270,000 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102 3,621,458 27,400 SH SOLE 27,400 0 0
RAPID MICRO BIOSYSTEMS INC CLASS A COM 75340L104 2,167,343 648,905 SH DFND 648,905 0 0
SPDR SERIES TRUST PORTFOLIO S&P500 78464A854 389,956,073 4,977,739 SH SOLE 4,977,739 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 496,104,348 810,125 SH SOLE 810,125 0 0