Portfolio Holdings as of 8/31/2020
| Ticker | Cusip | Description | Shares | Market Value | % of Portfolio |
| VCR | 92204A108 | Vanguard Consumer Di scretionary ETF | 21,000.000 | $5,180,700.00 | 19.35% |
| VGT | 92204A702 | Vanguard Information Technology ETF | 15,000.000 | $4,922,250.00 | 18.39% |
| XLY | 81369Y407 | Consumer Discretiona ry Select Sector SPD | 25,000.000 | $3,752,250.00 | 14.02% |
| VHT | 92204A504 | Vanguard Health Care ETF | 14,000.000 | $2,904,580.00 | 10.85% |
| VOX | 92204A884 | Vanguard Communication Servic | 25,000.000 | $2,699,500.00 | 10.08% |
| FISXX | 316175504 | Fidelity Investments Money Market Funds | 2,399,568.900 | $2,399,568.90 | 8.96% |
| VB | 922908751 | Vanguard Small-Cap E TF | 7,000.000 | $1,109,220.00 | 4.14% |
| GLD | 78463V107 | SPDR Gold Shares | 5,000.000 | $924,150.00 | 3.45% |
| PPA | 46137V100 | Invesco Aerospace & Defense ETF | 15,000.000 | $873,900.00 | 3.26% |
| EWJ | 46434G822 | iShares MSCI Japan E TF | 15,000.000 | $870,300.00 | 3.25% |
| SLV | 46428Q109 | iShares Silver Trust | 30,000.000 | $786,900.00 | 2.94% |
| SPY | 78462F103 | SPDR S&P 500 ETF Tru st | 1,000.000 | $349,310.00 | 1.30% |
| Totals | 2,572,568.900 | $26,772,628.90 | |||