Cougar Global Investments 13F-HR Quarterly holdings report by institutional manager

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
ISHARES CANADIAN CORP BOND INDEX ETF	ETP	46430K108	7,232	443,233	SH		SOLE		443,233	0	0
BMO SHORT CORP BOND INDEX ETF	ETP	055976104	294	26,981	SH		SOLE		26,981	0	0
ISHARES TRUST MSCI EAFE ESG ETF	ETP	46435G516	4	66	SH		SOLE		66	0	0
ISHARES MSCI JAPAN E.T.F.	ETP	46434G822	8,023	132,210	SH		SOLE		132,210	0	0
ISHARES MSCI EUROZONE ETF	ETP	464286608	12,482	287,943	SH		SOLE		287,943	0	0
ISHARES MSCI EM ESG ETF	ETP	46434G863	3	39	SH		SOLE		39	0	0
ISHARES CORE MSCI EMERGING	ETP	46434G103	13,833	236,873	SH		SOLE		236,873	0	0
ISHARES CORE S-P/TSX CAP COMP IND ETF	ETP	46430J101	5,750	303,694	SH		SOLE		303,694	0	0
ISHARES TR CORE TOTAL US BOND MKT ETF	ETP	464287226	2,537	23,656	SH		SOLE		23,656	0	0
ISHARES BRCLY 1-3YR TREASURY	ETP	464287457	9	111	SH		SOLE		111	0	0
ISHARES MSCI USA ESG ETF	ETP	46435G425	21	373	SH		SOLE		373	0	0
ISHARES CORP S&P MIDCAP	ETP	464287507	15,486	82,563	SH		SOLE		82,563	0	0
ISHARES TRUST CORE S&P SMALL-CAP ETF	ETP	464287804	17,808	231,240	SH		SOLE		231,240	0	0
ISHARES CORE S&P 500 ETF	ETP	464287200	72,612	273,627	SH		SOLE		273,627	0	0
SPDR S&P MIDCAP 400 ETF	ETP	78467Y107	14	42	SH		SOLE		42	0	0
SPDR S&P 500 ETF TRUST	ETP	78462F103	4	17	SH		SOLE		17	0	0