| IISHARES MSCI INDIA ETFINDA |
| 11.39% | 14.62% | $24.5M | 502,129 | $24.6M | 554,048 | -51,919-9.37% | Reduce |
| FFRANKLIN TEMPLETON ETF TRFLCH |
| 9.84% | 13.54% | $21.2M | 1.3M | $22.8M | 1.3M | -7,536-0.57% | Reduce |
| IISHARES TRMCHI |
| 6.8% | 6.09% | $14.6M | 358,953 | $10.3M | 234,816 | +124,137+52.87% | Add |
| IISHARES MSCI ACWI EX U.S. ETFACWX |
| 6.51% | — | $14.0M | 274,319 | $0 | 0 | +274,319 | New Buy |
| IINVESCO EXCHANGE TRADED FD TRSP |
| 6.36% | 3.67% | $13.7M | 86,768 | $6.2M | 43,645 | +43,123+98.80% | Add |
| FFRANKLIN TEMPLETON ETF TR FTSE TAIWANFLTW |
| 5.81% | 6.57% | $12.5M | 303,192 | $11.1M | 304,950 | -1,758-0.58% | Reduce |
| IISHARES MSCI SOUTH KOREAETFEWY |
| 4.73% | 3.12% | $10.2M | 154,150 | $5.3M | 88,481 | +65,669+74.22% | Add |
| IISHARES MSCI EAFE ETFEFA |
| 4.66% | — | $10.0M | 133,017 | $0 | 0 | +133,017 | New Buy |
| IISHARES INCEWZ |
| 4.38% | 5.45% | $9.4M | 269,068 | $9.2M | 297,611 | -28,543-9.59% | Reduce |
| SSELECT SECTOR SPDR TRXLRE |
| 4.2% | — | $9.0M | 215,569 | $0 | 0 | +215,569 | New Buy |
| VVANGUARD SMALLVBR |
| 3.24% | — | $7.0M | 38,816 | $0 | 0 | +38,816 | New Buy |
 TAIWAN SEMICONDUCTOR MANUFACTSM |
| 3.04% | 2.93% | $6.5M | 62,920 | $4.9M | 56,771 | +6,149+10.83% | Add |
| IISHARES MSCI MEXICO ETFEWW |
| 3.02% | 2.69% | $6.5M | 95,565 | $4.5M | 77,704 | +17,861+22.99% | Add |
| FFRANKLIN TEMPLETON ETF TRFLKR |
| 2.98% | 3.4% | $6.4M | 279,612 | $5.7M | 281,045 | -1,433-0.51% | Reduce |
| IISHARES TRKSA |
| 2.9% | 3.87% | $6.2M | 148,034 | $6.5M | 166,845 | -18,811-11.27% | Reduce |
| IISHARES MSCI TAIWAN ETFEWT |
| 2.85% | 2.32% | $6.1M | 133,225 | $3.9M | 87,906 | +45,319+51.55% | Add |
| JJANUS HENDERSONJAAA |
| 2.55% | — | $5.5M | 109,134 | $0 | 0 | +109,134 | New Buy |
 WESTERN ASSET EMERGING MKTS DE COMEMD |
| 1.91% | 2.3% | $4.1M | 445,960 | $3.9M | 467,628 | -21,668-4.63% | Reduce |
| IINNOVATOR ETFS TRUST EMRGNG MKT APRILEAPR |
| 1.62% | 2.03% | $3.5M | 138,712 | $3.4M | 142,226 | -3,514-2.47% | Reduce |
| IISHARES INCEZA |
| 1.41% | 2.68% | $3.0M | 72,193 | $4.5M | 119,290 | -47,097-39.48% | Reduce |
 ISHARES MSCI THI CAPWBS |
| 1.33% | 0.94% | $2.9M | 44,353 | $1.6M | 25,271 | +19,082+75.51% | Add |
| IISHARES MSCI CHILE ETFECH |
| 1.1% | 0.39% | $2.4M | 83,933 | $658,261 | 25,046 | +58,887+235.12% | Add |
| JJPMORGAN ULTRA-SHORT INCOME ETFJPST |
| 0.92% | 2.2% | $2.0M | 39,636 | $3.7M | 73,845 | -34,209-46.33% | Reduce |
| IISHARES TRQAT |
| 0.71% | 0.89% | $1.5M | 84,895 | $1.5M | 85,358 | -463-0.54% | Reduce |
| IISHARES TREPOL |
| 0.61% | 0.39% | $1.3M | 57,645 | $665,042 | 38,643 | +19,002+49.17% | Add |
| IISHARES TRKWT |
| 0.56% | 0.71% | $1.2M | 38,978 | $1.2M | 39,186 | -208-0.53% | Reduce |
| IISHARES TR MSCI PHILIPSEPHE |
| 0.56% | 1.49% | $1.2M | 46,516 | $2.5M | 99,885 | -53,369-53.43% | Reduce |
| IISHARES TR MSCI UAEQAT |
| 0.51% | 1.78% | $1.1M | 74,688 | $3.0M | 194,040 | -119,352-61.51% | Reduce |
| IISHARES INCEWM |
| 0.51% | 1.25% | $1.1M | 51,360 | $2.1M | 101,635 | -50,275-49.47% | Reduce |
| IISHARES MSCI TURKEY ETFTUR |
| 0.45% | 0.7% | $973,358 | 30,116 | $1.2M | 30,283 | -167-0.55% | Reduce |
| IISHARES TREIDO |
| 0.4% | 1.62% | $860,282 | 38,660 | $2.7M | 121,867 | -83,207-68.28% | Reduce |
| IISHARES GOLD TRIAU |
| 0.38% | 0.56% | $827,592 | 21,204 | $946,847 | 26,732 | -5,528-20.68% | Reduce |
| SSPDR INDEX SHS FDSGXC |
| 0.29% | 0.39% | $616,604 | 9,085 | $658,379 | 9,129 | -44-0.48% | Reduce |
| GGLOBAL X FDSGREK |
| 0.28% | 0.33% | $613,566 | 16,476 | $558,572 | 16,565 | -89-0.54% | Reduce |
| IISHARES S&PIVE |
| 0.27% | — | $591,951 | 3,406 | $0 | 0 | +3,406 | New Buy |
| IINVESCO CURRENCYSHARES EUROFXE |
| 0.26% | 0.31% | $553,526 | 5,421 | $530,524 | 5,421 | 00.00% | Unchanged |
 ALIBABA GROUP HLDG LTDBABA |
| 0.22% | 0.34% | $481,725 | 6,215 | $571,530 | 6,589 | -374-5.68% | Reduce |
| IISHARES INCEWJ |
| 0.22% | — | $464,074 | 7,209 | $0 | 0 | +7,209 | New Buy |
| IISHARES TRIEI |
| 0.15% | 0.56% | $325,281 | 3,237 | $941,855 | 9,850 | -6,613-67.14% | Reduce |
| GGLOBAL X MSCI CHINA FINANCIA |
| 0.05% | — | $114,105 | 10,684 | $0 | 0 | +10,684 | New Buy |
