Instuitional Investor - Lfa - Lugano Financial Advisors Sa

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	51,717	$37,549,836	22.6%
2.	Schwab Strategic Trust	SCHD	328,425	$13,031,547	7.84%
3.	Spdr Gold Trust	GLD	22,496	$8,149,671	4.9%
4.	Ishares Tr		108,384	$5,721,517	3.44%
5.	Vanguard Scottsdale Funds	VCIT	66,137	$5,116,402	3.08%