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 |
Consumer Discretionary Select Sector SPDR | SBI CONS DISCR | 81369Y407 | 7,802 | 43,481 | SH | | SOLE | NONE | 0 | 0 | 43,481 |
Consumer Staples Select Sector SPDR | SBI CONS STPLS | 81369Y308 | 7,802 | 113,347 | SH | | SOLE | NONE | 0 | 0 | 113,347 |
Fidelity Limited Term Bond ETF | LTD TRM BD ETF | 316188200 | 5,603 | 107,243 | SH | | SOLE | NONE | 0 | 0 | 107,243 |
Fidelity MSCI Communication Services Index ETF | MSCI COMMNTN SVC | 316092873 | 204 | 3,824 | SH | | SOLE | NONE | 0 | 0 | 3,824 |
Fidelity MSCI Consumer Discretionary ETF | MSCI CONSM DIS | 316092204 | 204 | 2,544 | SH | | SOLE | NONE | 0 | 0 | 2,544 |
Fidelity MSCI Consumer Staples Index ETF | CONSMR STAPLES | 316092303 | 204 | 4,880 | SH | | SOLE | NONE | 0 | 0 | 4,880 |
Fidelity MSCI Financials Index ETF | MSCI FINLS IDX | 316092501 | 204 | 3,804 | SH | | SOLE | NONE | 0 | 0 | 3,804 |
Fidelity MSCI Health Care Index ETF | MSCI HLTH CARE I | 316092600 | 204 | 3,201 | SH | | SOLE | NONE | 0 | 0 | 3,201 |
Fidelity MSCI Industrials Index ETF | MSCI INDL INDX | 316092709 | 7,802 | 150,372 | SH | | SOLE | NONE | 0 | 0 | 150,372 |
Fidelity MSCI Information Technology ETF | MSCI INFO TECH I | 316092808 | 204 | 1,721 | SH | | SOLE | NONE | 0 | 0 | 1,721 |
Fidelity MSCI Materials Index ETF | MSCI MATLS INDEX | 316092881 | 204 | 4,614 | SH | | SOLE | NONE | 0 | 0 | 4,614 |
Fidelity MSCI Real Estate ETF | MSCI RL EST ETF | 316092857 | 204 | 6,719 | SH | | SOLE | NONE | 0 | 0 | 6,719 |
Fidelity MSCI Utilities Index ETF | MSCI UTILS INDEX | 316092865 | 7,802 | 189,572 | SH | | SOLE | NONE | 0 | 0 | 189,572 |
Financial Select Sector SPDR | FINANCIAL | 81369Y605 | 7,802 | 207,908 | SH | | SOLE | NONE | 0 | 0 | 207,908 |
First Trust Dow Jones Internet Index Fund | DJ INTERNT IDX | 33733E302 | 2,589 | 10,975 | SH | | SOLE | NONE | 0 | 0 | 10,975 |
HealthCare Select Sector SPDR | SBI HEALTHCARE | 81369Y209 | 7,802 | 61,294 | SH | | SOLE | NONE | 0 | 0 | 61,294 |
Industrial Select Sector SPDR | SBI INT-INDS | 81369Y704 | 204 | 2,087 | SH | | SOLE | NONE | 0 | 0 | 2,087 |
iShares Aggregate Bond ETF | CORE US AGGBD ET | 464287226 | 641 | 5,584 | SH | | SOLE | NONE | 0 | 0 | 5,584 |
iShares Barclays 7-10 Year Treasury Bond ETF | BARCLAYS 7 10 YR | 464287440 | 641 | 5,565 | SH | | SOLE | NONE | 0 | 0 | 5,565 |
iShares Government/Credit Bond ETF | GOV/CRED BD ETF | 464288596 | 641 | 5,258 | SH | | SOLE | NONE | 0 | 0 | 5,258 |
iShares MSCI Canada Index ETF | MSCI CDA ETF | 464286509 | 641 | 17,664 | SH | | SOLE | NONE | 0 | 0 | 17,664 |
iShares S&P Mid-Cap 400 Value ETF | S&P MC 400VL ETF | 464287705 | 606 | 5,885 | SH | | SOLE | NONE | 0 | 0 | 5,885 |
iShares US Home Construction ETF | US HOME CONS ETF | 464288752 | 606 | 9,162 | SH | | SOLE | NONE | 0 | 0 | 9,162 |
Materials SPDR | SBI MATERIALS | 81369Y100 | 7,802 | 98,632 | SH | | SOLE | NONE | 0 | 0 | 98,632 |
NuShares Enhanced Yield U.S. Aggregate Bond ETF | NUVEEN ENHNC YLD | 67092P102 | 6,387 | 257,384 | SH | | SOLE | NONE | 0 | 0 | 257,384 |
PIMCO 15 Year U.S. TIPS ETF | 15+ YR US TIPS | 72201R304 | 606 | 6,990 | SH | | SOLE | NONE | 0 | 0 | 6,990 |
Real Estate Select Sector SPDR ETF | RL EST SEL SEC | 81369Y860 | 7,802 | 175,541 | SH | | SOLE | NONE | 0 | 0 | 175,541 |
SPDR Portfolio Developed World ex-U.S. ETF | PORTFOLIO DEVLPD | 78463X889 | 5,151 | 142,276 | SH | | SOLE | NONE | 0 | 0 | 142,276 |
SPDR Portfolio Intermediate Term Corporate Bond ETF | PORTFOLIO INTRMD | 78464A375 | 1,247 | 34,162 | SH | | SOLE | NONE | 0 | 0 | 34,162 |
SPDR Portfolio TIPS ETF | PORTFLI TIPS ETF | 78464A656 | 1,247 | 40,115 | SH | | SOLE | NONE | 0 | 0 | 40,115 |
SPDR S&P Dividend ETF | S&P DIVID ETF | 78464A763 | 606 | 5,158 | SH | | SOLE | NONE | 0 | 0 | 5,158 |
SPDR Software & Services ETF | COMP SOFTWARE | 78464A599 | 1,247 | 7,267 | SH | | SOLE | NONE | 0 | 0 | 7,267 |
Technology Select Sector SPDR | TECHNOLOGY | 81369Y803 | 8,409 | 56,316 | SH | | SOLE | NONE | 0 | 0 | 56,316 |
The Communication Services Select Sector SPDR ETF | COMMUNICATION | 81369Y852 | 7,802 | 97,401 | SH | | SOLE | NONE | 0 | 0 | 97,401 |
Utilities Select Sector SPDR | SBI INT-UTILS | 81369Y886 | 204 | 3,197 | SH | | SOLE | NONE | 0 | 0 | 3,197 |
Vanguard Int'l Eq INDEX TT WRLD ST | TT WRLD ST ETF | 922042742 | 273 | 2,566 | SH | | SOLE | NONE | 0 | 0 | 2,566 |
Vanguard Mortgage-Backed Securities ETF | MTG-BKD SECS ETF | 92206C771 | 1,247 | 23,411 | SH | | SOLE | NONE | 0 | 0 | 23,411 |
Vanguard Total World Stock ETF | TT WRLD ST ETF | 922042742 | 246 | 2,423 | SH | | SOLE | NONE | 0 | 0 | 2,423 |
Wisdom Tree Emerging Markets ex-State Owned Enterprises ETF | EM EX ST-OWNED | 97717X578 | 5,151 | 138,044 | SH | | SOLE | NONE | 0 | 0 | 138,044 |
WisdomTree Bloomberg U.S. Dollar Bullish Fund | BLMBG US BULL | 97717W471 | 641 | 24,700 | SH | | SOLE | NONE | 0 | 0 | 24,700 |