Instuitional Investor - Sbi Okasan Asset Management Co.ltd.

13F Holdings

Filing Period:

No.	Security	Shares	Value	% Port
1.	Vanguard Total Stock Mkt Etf	2,661,390	$829,502,035	33.99%
2.	Ishr Ibx Usd Hiyld Cb Etf-Ui - IBOXX HI YD ETF	4,405,210	$347,174,600	14.23%
3.	Ishares Jp Morgan Usd Emergi	3,478,160	$323,851,478	13.27%
4.	Vanguard Ftse Developed Etf	4,397,138	$272,754,470	11.18%
5.	Spdr Gold Minishares Trust	1,849,410	$165,189,301	6.77%