COLUMN 1 | COLUMN 2 | COLUMN 3 | COLUMN 4 | COLUMN 5 | COLUMN 6 | COLUMN 7 | COLUMN 8 |
| | | VALUE | SHRS OR | SH/ | PUT/ | INVESTMENT | OTHER | VOTING AUTHORITY |
NAME OF ISSUER | TITLE OF CLASS | CUSIP | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
ABERDEEN EMERGING MARKETS EQUITY INCOME FUND INC | COM | 00301W105 | 156,186 | 26,031 | SH | | DFND | 1 | 0 | 26,031 | 0 |
AMBEV US | SPONSORED ADR | 02319V103 | 16,231 | 5,104 | SH | | DFND | 1 | 0 | 5,104 | 0 |
BANCO BRADESCO SA | SP ADR PFD NEW | 059460303 | 3,460 | 1,000 | SH | | DFND | 1 | 0 | 1,000 | 0 |
BANCO SANTANDER BRASIL SA | ADS REP 1 UNIT | 05967A107 | 102,498 | 16,116 | SH | | DFND | 1 | 0 | 16,116 | 0 |
BRF SA | SPONSORED ADR | 10552T107 | 93,778 | 49,357 | SH | | DFND | 1 | 0 | 49,357 | 0 |
CEMEX SAB DE CV | SPON ADR NEW | 151290889 | 712,283 | 100,605 | SH | | DFND | 1 | 0 | 100,605 | 0 |
COCA COLA FEMSA SAB DE CV FEMSA | SPONSORD ADR REP | 191241108 | 272,090 | 3,266 | SH | | DFND | 1 | 0 | 3,266 | 0 |
DBX ETF TRUST XTRACKERS HARVEST CSI 300 CHINA A SHARES ETF | XTRACK HRVST CSI | 233051879 | 113,861,584 | 4,257,224 | SH | | DFND | 1 | 0 | 4,257,224 | 0 |
FOMENTO ECONOMICO MEXICANO | SPON ADR UNITS | 344419106 | 420,084 | 3,790 | SH | | DFND | 1 | 0 | 3,790 | 0 |
GERDAU SA | SPON ADR REP PFD | 373737105 | 485,940 | 93,092 | SH | | DFND | 1 | 0 | 93,092 | 0 |
ISHARES INC ISHARES MSCI BRAZIL ETF | MSCI BRAZIL ETF | 464286400 | 7,752,701 | 239,690 | SH | | DFND | 1 | 0 | 239,690 | 0 |
ISHARES INC ISHARES MSCI EUROZONE ETF | MSCI EURZONE ETF | 464286608 | 25,383,658 | 554,548 | SH | | DFND | 1 | 0 | 554,548 | 0 |
ISHARES INC ISHARES MSCI CHILE ETF | MSCI CHILE ETF | 464286640 | 14,681,018 | 500,611 | SH | | DFND | 1 | 0 | 500,611 | 0 |
ISHARES INC ISHARES MSCI SOUTH KOREA ETF | MSCI STH KOR ETF | 464286772 | 111,900,445 | 1,768,084 | SH | | DFND | 1 | 0 | 1,768,084 | 0 |
ISHARES INC ISHARES MSCI GERMANY ETF | MSCI GERMANY ETF | 464286806 | 13,337,590 | 467,028 | SH | | DFND | 1 | 0 | 467,028 | 0 |
ISHARES INC ISHARES MSCI MEXICO ETF | MSCI MEXICO ETF | 464286822 | 8,861,254 | 142,501 | SH | | DFND | 1 | 0 | 142,501 | 0 |
ISHARES INC ISHARES MSCI HONG KONG ETF | MSCI HONG KG ETF | 464286871 | 19,902,296 | 1,027,839 | SH | | DFND | 1 | 0 | 1,027,839 | 0 |
ISHARES TRUST ISHARES CORE SP 500 ETF | CORE S&P500 ETF | 464287200 | 162,310,725 | 364,120 | SH | | DFND | 1 | 0 | 364,120 | 0 |
ISHARES INC ISHARES MSCI EMERGING MARKETS ETF | MSCI EMG MKT ETF | 464287234 | 166,703 | 4,210 | SH | | DFND | 1 | 0 | 4,210 | 0 |
ISHARES TRUST ISHARES IBOXX INVESTMENT GRADE CORPORATE BOND ETF | IBOXX INV CP ETF | 464287242 | 122,198,200 | 1,130,000 | SH | | DFND | 1 | 0 | 1,130,000 | 0 |
ISHARES TRUST ISHARES LATIN AMERICA 40 ETF | LATN AMER 40 ETF | 464287390 | 34,636,166 | 1,276,702 | SH | | DFND | 1 | 0 | 1,276,702 | 0 |
ISHARES TRUST ISHARES RUSSELL 2000 ETF | RUSSELL 2000 ETF | 464287655 | 3,461,797 | 18,482 | SH | | DFND | 1 | 0 | 18,482 | 0 |
ISHARES TRUST ISHARES CORE SP SMALL CAP ETF | CORE S&P SCP ETF | 464287804 | 399,742,569 | 4,009,667 | SH | | DFND | 1 | 0 | 4,009,667 | 0 |
ISHARES TRUST ISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF | MSCI AC ASIA ETF | 464288182 | 9,564,786 | 143,618 | SH | | DFND | 1 | 0 | 143,618 | 0 |
ISHARES TRUST ISHARES MSCI INDONESIA ETF | MSCI INDONIA ETF | 46429B309 | 4,148,652 | 179,281 | SH | | DFND | 1 | 0 | 179,281 | 0 |
ISHARES TRUST ISHARES MSCI INDIA ETF | MSCI INDIA ETF | 46429B598 | 17,001,600 | 390,459 | SH | | DFND | 1 | 0 | 390,459 | 0 |
ISHARES TRUST ISHARES MSCI CHINA ETF | MSCI CHINA ETF | 46429B671 | 5,754,637 | 128,452 | SH | | DFND | 1 | 0 | 128,452 | 0 |
ISHARES TRUST ISHARES MSCI USA QUALITY FACTOR ETF | MSCI USA QLT FCT | 46432F339 | 36,148 | 268 | SH | | DFND | 1 | 0 | 268 | 0 |
ISHARES TRUST ISHARES MSCI USA VALUE FACTOR ETF | MSCI USA VALUE | 46432F388 | 37,636,178 | 401,171 | SH | | DFND | 1 | 0 | 401,171 | 0 |
ISHARES INC ISHARES CORE MSCI EMERGING MARKETS ETF | CORE MSCI EMKT | 46434G103 | 1,292,225 | 26,272 | SH | | DFND | 1 | 0 | 26,272 | 0 |
ISHARES INC ISHARES MSCI TAIWAN ETF | MSCI TAIWAN ETF | 46434G772 | 17,571,749 | 372,256 | SH | | DFND | 1 | 0 | 372,256 | 0 |
ISHARES INC ISHARES MSCI JAPAN ETF | MSCI JPN ETF NEW | 46434G822 | 5,852,769 | 94,552 | SH | | DFND | 1 | 0 | 94,552 | 0 |
ISHARES TRUST ISHARES CONVERTIBLE BOND ETF | CONV BD ETF | 46435G102 | 19,053,562 | 250,300 | SH | | DFND | 1 | 0 | 250,300 | 0 |
ISHARES TRUST ISHARES MSCI UNITED KINGDOM ETF | MSCI UK ETF NEW | 46435G334 | 2,900,177 | 89,701 | SH | | DFND | 1 | 0 | 89,701 | 0 |
ISHARES TRUST ISHARES ESG AWARE MSCI USA ETF | ESG AWR MSCI USA | 46435G425 | 23,224,724 | 238,215 | SH | | DFND | 1 | 0 | 238,215 | 0 |
ITAU UNIBANCO HOLDING SA | SPON ADR REP PFD | 465562106 | 45,359 | 7,688 | SH | | DFND | 1 | 0 | 7,688 | 0 |
JP MORGAN EXCHANGE TRADED FUND TRUST JPMORGAN BETABUILDERS EUROPE ETF | BETABUILDERS EUR | 46641Q191 | 1,905,132 | 35,202 | SH | | DFND | 1 | 0 | 35,202 | 0 |
JP MORGAN EXCHANGE TRADED FUND TRUST JPMORGAN BETABUILDERS JAPAN ETF | BETABULDRS JAPAN | 46641Q217 | 88,963,194 | 1,726,100 | SH | | DFND | 1 | 0 | 1,726,100 | 0 |
PETROLEO BRASILEIRO SA | SPONSORED ADR | 71654V408 | 124,470 | 9,000 | SH | | DFND | 1 | 0 | 9,000 | 0 |
SPDR SP 500 ETF TRUST | TR UNIT | 78462F103 | 182,930,975 | 412,530 | SH | | DFND | 1 | 0 | 412,530 | 0 |
SPDR INDEX SHARES FUNDS SPDR SP CHINA ETF | S&P CHINA ETF | 78463X400 | 93,738,876 | 1,270,532 | SH | | DFND | 1 | 0 | 1,270,532 | 0 |
SPDR SERIES TRUST SPDR PORTFOLIO SP 500 GROWTH ETF | PRTFLO S&P500 GW | 78464A409 | 13,730 | 225 | SH | | DFND | 1 | 0 | 225 | 0 |
SPDR SERIES TRUST SPDR BLOOMBERG HIGH YIELD BOND ETF | BLOOMBERG HIGH Y | 78468R622 | 679,438 | 7,400 | SH | | DFND | 1 | 0 | 7,400 | 0 |
THE SELECT SECTOR SPDR TRUST THE HEALTH CARE SELECT SECTOR SPDR FUND | SBI HEALTHCARE | 81369Y209 | 71,657,264 | 539,725 | SH | | DFND | 1 | 0 | 539,725 | 0 |
THE SELECT SECTOR SPDR TRUST THE CONSUMER STAPLES SELECT SECTOR SPDR FUND | SBI CONS STPLS | 81369Y308 | 993,911 | 13,400 | SH | | DFND | 1 | 0 | 13,400 | 0 |
THE SELECT SECTOR SPDR TRUST THE ENERGY SELECT SECTOR SPDR FUND | ENERGY | 81369Y506 | 171,925,933 | 2,118,097 | SH | | DFND | 1 | 0 | 2,118,097 | 0 |
THE SELECT SECTOR SPDR TRUST THE FINANCIAL SELECT SECTOR SPDR FUND | FINANCIAL | 81369Y605 | 14,818,483 | 439,619 | SH | | DFND | 1 | 0 | 439,619 | 0 |
THE SELECT SECTOR SPDR TRUST THE INDUSTRIAL SELECT SECTOR SPDR FUND | SBI INT-INDS | 81369Y704 | 3,034,151 | 28,272 | SH | | DFND | 1 | 0 | 28,272 | 0 |
THE SELECT SECTOR SPDR TRUST THE TECHNOLOGY SELECT SECTOR SPDR FUND | TECHNOLOGY | 81369Y803 | 37,830,900 | 217,499 | SH | | DFND | 1 | 0 | 217,499 | 0 |
THE SELECT SECTOR SPDR TRUST THE UTILITIES SELECT SECTOR SPDR FUND | SBI INT-UTILS | 81369Y886 | 6,508,913 | 99,419 | SH | | DFND | 1 | 0 | 99,419 | 0 |
SOUTHERN COPPER CORP | COM | 84265V105 | 7,174 | 100 | SH | | DFND | 1 | 0 | 100 | 0 |
SUZANO PAPELE CELULOSE SA | SPON ADS | 86959K105 | 24,599 | 2,668 | SH | | DFND | 1 | 0 | 2,668 | 0 |
VANECK ETF TRUST VANECK GOLD MINERS ETF | GOLD MINERS ETF | 92189F106 | 117,610 | 3,906 | SH | | DFND | 1 | 0 | 3,906 | 0 |
VANGUARD INTERNATIONAL EQUITY INDEX FUNDS VANGUARD FTSE EMERGING MARKETS ETF | FTSE EMR MKT ETF | 922042858 | 721,675 | 17,784 | SH | | DFND | 1 | 0 | 17,784 | 0 |
VANGUARD INDEX FUNDS VANGUARD SP 500 ETF | S&P 500 ETF SHS | 922908363 | 228,005,677 | 559,633 | SH | | DFND | 1 | 0 | 559,633 | 0 |
VANGUARD INDEX FUNDS VANGUARD GROWTH ETF | GROWTH ETF | 922908736 | 34,448,741 | 121,727 | SH | | DFND | 1 | 0 | 121,727 | 0 |
VANGUARD INDEX FUNDS VANGUARD VALUE ETF | VALUE ETF | 922908744 | 402,893,998 | 2,834,886 | SH | | DFND | 1 | 0 | 2,834,886 | 0 |
VANGUARD INDEX FUNDS VANGUARD SMALL CAP ETF | SMALL CP ETF | 922908751 | 167,229,949 | 840,774 | SH | | DFND | 1 | 0 | 840,774 | 0 |
VANGUARD INDEX FUNDS VANGUARD TOTAL STOCK MARKET ETF | TOTAL STK MKT | 922908769 | 62,002,611 | 281,242 | SH | | DFND | 1 | 0 | 281,242 | 0 |
PAGSEGURO DIGITAL LTD | COM CL A | G68707101 | 9,440 | 1,000 | SH | | DFND | 1 | 0 | 1,000 | 0 |
XP INC | CL A | G98239109 | 43,589 | 1,858 | SH | | DFND | 1 | 0 | 1,858 | 0 |
COPA HOLDINGS SA | CL A | P31076105 | 1,747,938 | 15,807 | SH | | DFND | 1 | 0 | 15,807 | 0 |
INTERCORP FINANCIAL SERVICES INC | SHS | P5626F128 | 1,512,632 | 60,895 | SH | | DFND | 1 | 0 | 60,895 | 0 |