Instuitional Investor - Virtus Investment Advisers, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Tr		131,711	$12,368,980	8.41%
2.	Pimco Etf Trust		110,000	$10,793,200	7.34%
3.	Ishares Tr		81,568	$5,638,796	3.83%
4.	Virtus Etf Tr Ii		244,000	$4,170,228	2.83%
5.	I C I C I Bank Ltd	IBN	105,413	$2,437,149	1.65%