Instuitional Investor - Money Design Co.,ltd.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Index Fds Value Etf - ETF		1,384,981	$244,782	11.43%
2.	Vanguard Growth Etf - ETF		554,153	$242,941	11.35%
3.	Ishares Trust	IEF	1,558,854	$170,866	7.98%
4.	Vanguard Intl Equity Index Funds	VWO	1,708,025	$132,372	6.18%
5.	Ishares Tr Mbs Etf - ETF		1,390,916	$130,593	6.1%