<SEC-DOCUMENT>0001104659-14-039051.txt : 20140515
<SEC-HEADER>0001104659-14-039051.hdr.sgml : 20140515
<ACCEPTANCE-DATETIME>20140515092031
ACCESSION NUMBER:		0001104659-14-039051
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20140331
FILED AS OF DATE:		20140515
DATE AS OF CHANGE:		20140515
EFFECTIVENESS DATE:		20140515

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SUN LIFE FINANCIAL INC
		CENTRAL INDEX KEY:			0001097362
		STANDARD INDUSTRIAL CLASSIFICATION:	LIFE INSURANCE [6311]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-05799
		FILM NUMBER:		14844151

	BUSINESS ADDRESS:	
		STREET 1:		150 KING STREET WEST
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5H 1J9
		BUSINESS PHONE:		4169799966

	MAIL ADDRESS:	
		STREET 1:		SUN LIFE ASSURANCE CO OF CANADA
		STREET 2:		150 KING STREET WEST SUITE 1400
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5H 1J9

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SUN LIFE FINANCIAL SERVICES INC
		DATE OF NAME CHANGE:	20030702

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SUN LIFE FINANCIAL SERVICES OF CANADA INC
		DATE OF NAME CHANGE:	20000224
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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    <submissionType>13F-HR</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <credentials>
          <cik>0001097362</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>03-31-2014</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <reportCalendarOrQuarter>03-31-2014</reportCalendarOrQuarter>
      <isAmendment>false</isAmendment>
      <filingManager>
        <name>Sun Life Financial INC</name>
        <address>
          <ns1:street1>Sun Life Assurance CO of Canada</ns1:street1>
          <ns1:street2>150 King Street West Suite 1400</ns1:street2>
          <ns1:city>Toronto</ns1:city>
          <ns1:stateOrCountry>A6</ns1:stateOrCountry>
          <ns1:zipCode>M5H 1J9</ns1:zipCode>
        </address>
      </filingManager>
      <reportType>13F COMBINATION REPORT</reportType>
      <form13FFileNumber>028-05799</form13FFileNumber>
      <otherManagersInfo>
        <otherManager>
          <form13FFileNumber>028-06597</form13FFileNumber>
          <name>McLean Budden</name>
        </otherManager>
        <otherManager>
          <form13FFileNumber>028-04968</form13FFileNumber>
          <name>MFS</name>
        </otherManager>
      </otherManagersInfo>
      <provideInfoForInstruction5>N</provideInfoForInstruction5>
    </coverPage>
    <signatureBlock>
      <name>John Vaz</name>
      <title>Compliance Analyst</title>
      <phone>781-446-2420</phone>
      <signature>John Vaz</signature>
      <city>Wellesley</city>
      <stateOrCountry>MA</stateOrCountry>
      <signatureDate>05-12-2014</signatureDate>
    </signatureBlock>
    <summaryPage>
      <otherIncludedManagersCount>2</otherIncludedManagersCount>
      <tableEntryTotal>161</tableEntryTotal>
      <tableValueTotal>998361</tableValueTotal>
      <isConfidentialOmitted>false</isConfidentialOmitted>
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          <sequenceNumber>1</sequenceNumber>
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            <form13FFileNumber>028-12046</form13FFileNumber>
            <name>Sun Capital Advisers LLC.</name>
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<DOCUMENT>
<TYPE>INFORMATION TABLE
<SEQUENCE>2
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<DESCRIPTION>INFORMATION TABLE
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    <titleOfClass>COM</titleOfClass>
    <cusip>G16962105</cusip>
    <value>438</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5515</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>5515</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CCG Commercial Pool II Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>12501RAF6</cusip>
    <value>116</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>1000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Centurylink Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>156700106</cusip>
    <value>1803</value>
    <shrsOrPrnAmt>
      <sshPrnamt>54905</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>54905</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Charles Schwab Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>808513105</cusip>
    <value>4107</value>
    <shrsOrPrnAmt>
      <sshPrnamt>150287</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>150287</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Charles Schwab Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>808513105</cusip>
    <value>422</value>
    <shrsOrPrnAmt>
      <sshPrnamt>15435</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>15435</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Chevron Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>166764100</cusip>
    <value>5854</value>
    <shrsOrPrnAmt>
      <sshPrnamt>49229</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>49229</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Chevron Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>166764100</cusip>
    <value>920</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7734</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>7734</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Citigroup Inc</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>172967424</cusip>
    <value>369</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7757</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>7757</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Clean Energy Fuels Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>184499101</cusip>
    <value>1337</value>
    <shrsOrPrnAmt>
      <sshPrnamt>149586</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>149586</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Clean Energy Fuels Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>184499101</cusip>
    <value>171</value>
    <shrsOrPrnAmt>
      <sshPrnamt>19089</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>19089</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Coca-Cola Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>191216100</cusip>
    <value>2845</value>
    <shrsOrPrnAmt>
      <sshPrnamt>73579</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>73579</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Coca-Cola Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>191216100</cusip>
    <value>430</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11125</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>11125</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ConocoPhillips</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>20825C104</cusip>
    <value>2379</value>
    <shrsOrPrnAmt>
      <sshPrnamt>33811</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>33811</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ConocoPhillips</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>20825C104</cusip>
    <value>358</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5094</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>5094</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Consumer Discretionary SPDR</nameOfIssuer>
    <titleOfClass>Select Sector SPDR TR SBI CONS DISCR</titleOfClass>
    <cusip>81369Y407</cusip>
    <value>36979</value>
    <shrsOrPrnAmt>
      <sshPrnamt>571365</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>571365</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Consumer Discretionary SPDR</nameOfIssuer>
    <titleOfClass>Select Sector SPDR TR SBI CONS DISCR</titleOfClass>
    <cusip>81369Y407</cusip>
    <value>1521</value>
    <shrsOrPrnAmt>
      <sshPrnamt>23500</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>23500</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Consumer Staples Sector SPDR</nameOfIssuer>
    <titleOfClass>Select Sector SPDR TR SBI CONS STPLS</titleOfClass>
    <cusip>81369Y308</cusip>
    <value>12740</value>
    <shrsOrPrnAmt>
      <sshPrnamt>295871</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>295871</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CST Brands Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>12646R105</cusip>
    <value>297</value>
    <shrsOrPrnAmt>
      <sshPrnamt>9521</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>9521</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CVS Caremark Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>126650100</cusip>
    <value>4027</value>
    <shrsOrPrnAmt>
      <sshPrnamt>53795</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>53795</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CVS Caremark Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>126650100</cusip>
    <value>643</value>
    <shrsOrPrnAmt>
      <sshPrnamt>8588</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>8588</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>DR Horton Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>23331A109</cusip>
    <value>3214</value>
    <shrsOrPrnAmt>
      <sshPrnamt>148437</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>148437</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Eli Lilly &amp; Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>532457108</cusip>
    <value>3086</value>
    <shrsOrPrnAmt>
      <sshPrnamt>52437</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>52437</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Eli Lilly &amp; Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>532457108</cusip>
    <value>484</value>
    <shrsOrPrnAmt>
      <sshPrnamt>8215</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>8215</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Emerson Electric Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>291011104</cusip>
    <value>3140</value>
    <shrsOrPrnAmt>
      <sshPrnamt>47011</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>47011</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Emerson Electric Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>291011104</cusip>
    <value>406</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6078</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>6078</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Energy Select Sector SPDR Fund</nameOfIssuer>
    <titleOfClass>Select Sector SPDR TR SBI INT-ENERGY</titleOfClass>
    <cusip>81369Y506</cusip>
    <value>10887</value>
    <shrsOrPrnAmt>
      <sshPrnamt>122238</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>122238</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Energy Select Sector SPDR Fund</nameOfIssuer>
    <titleOfClass>Select Sector SPDR TR SBI INT-ENERGY</titleOfClass>
    <cusip>81369Y506</cusip>
    <value>68</value>
    <shrsOrPrnAmt>
      <sshPrnamt>764</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>764</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Exxon Mobil Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>30231G102</cusip>
    <value>7755</value>
    <shrsOrPrnAmt>
      <sshPrnamt>79397</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>79397</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Exxon Mobil Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>30231G102</cusip>
    <value>970</value>
    <shrsOrPrnAmt>
      <sshPrnamt>9926</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>9926</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Fifth Third Bancorp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>316773100</cusip>
    <value>3809</value>
    <shrsOrPrnAmt>
      <sshPrnamt>165957</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>165957</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Financial Select Sector SPDR</nameOfIssuer>
    <titleOfClass>Select Sector SPDR TR SBI INT-FINL</titleOfClass>
    <cusip>81369Y605</cusip>
    <value>21069</value>
    <shrsOrPrnAmt>
      <sshPrnamt>943106</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>943106</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Forest Laboratories Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>345838106</cusip>
    <value>10125</value>
    <shrsOrPrnAmt>
      <sshPrnamt>109729</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>109729</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Forest Laboratories Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>345838106</cusip>
    <value>1637</value>
    <shrsOrPrnAmt>
      <sshPrnamt>17741</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>17741</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Fusion-io Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>36112J107</cusip>
    <value>6567</value>
    <shrsOrPrnAmt>
      <sshPrnamt>624236</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>624236</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Fusion-io Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>36112J107</cusip>
    <value>1141</value>
    <shrsOrPrnAmt>
      <sshPrnamt>108436</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>108436</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>General Electric Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>369604103</cusip>
    <value>5009</value>
    <shrsOrPrnAmt>
      <sshPrnamt>193487</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>193487</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>General Electric Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>369604103</cusip>
    <value>709</value>
    <shrsOrPrnAmt>
      <sshPrnamt>27403</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>27403</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Goldman Sachs Group Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>38141G104</cusip>
    <value>3802</value>
    <shrsOrPrnAmt>
      <sshPrnamt>23207</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>23207</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Goldman Sachs Group Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>38141G104</cusip>
    <value>403</value>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
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      <Sole>2457</Sole>
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      <None>0</None>
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    <nameOfIssuer>Goodyear Tire &amp; Rubber Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>382550101</cusip>
    <value>5189</value>
    <shrsOrPrnAmt>
      <sshPrnamt>198571</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>198571</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Goodyear Tire &amp; Rubber Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>382550101</cusip>
    <value>1510</value>
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      <sshPrnamt>57778</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>57778</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Google Inc</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>38259P706</cusip>
    <value>8662</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7772</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <Sole>7772</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Google Inc</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>38259P706</cusip>
    <value>1366</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1226</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
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      <Sole>1226</Sole>
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      <None>0</None>
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    <nameOfIssuer>Health Care Select Sector SPDR</nameOfIssuer>
    <titleOfClass>Select Sector SPDR TR SBI Healthcare</titleOfClass>
    <cusip>81369Y209</cusip>
    <value>16511</value>
    <shrsOrPrnAmt>
      <sshPrnamt>282285</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <Sole>282285</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>Hess Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>42809H107</cusip>
    <value>3006</value>
    <shrsOrPrnAmt>
      <sshPrnamt>36275</sshPrnamt>
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    <otherManager>1</otherManager>
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      <Sole>36275</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Hess Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>42809H107</cusip>
    <value>414</value>
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      <sshPrnamt>4998</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
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      <Sole>4998</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Honeywell International Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>438516106</cusip>
    <value>4548</value>
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      <sshPrnamt>49029</sshPrnamt>
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    <otherManager>1</otherManager>
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      <Sole>49029</Sole>
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      <None>0</None>
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    <nameOfIssuer>Honeywell International Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>438516106</cusip>
    <value>509</value>
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      <sshPrnamt>5487</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
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      <Sole>5487</Sole>
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      <None>0</None>
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    <nameOfIssuer>Industrial Select Sect SPDR</nameOfIssuer>
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    <cusip>81369Y704</cusip>
    <value>12839</value>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <Sole>245344</Sole>
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      <None>0</None>
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    <nameOfIssuer>International Paper Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>460146103</cusip>
    <value>7384</value>
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      <sshPrnamt>160946</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>160946</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>International Paper Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>460146103</cusip>
    <value>554</value>
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    <otherManager>2</otherManager>
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      <Sole>12078</Sole>
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      <None>0</None>
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    <nameOfIssuer>IShares</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>464286699</cusip>
    <value>3786</value>
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      <sshPrnamt>183870</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <Sole>183870</Sole>
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      <None>0</None>
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    <nameOfIssuer>IShares</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>464287465</cusip>
    <value>7843</value>
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      <sshPrnamt>116762</sshPrnamt>
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    <otherManager>2</otherManager>
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      <Sole>116762</Sole>
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      <None>0</None>
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    <nameOfIssuer>Ishares Dow Jones US Telecom</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>464287713</cusip>
    <value>2434</value>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <Sole>81197</Sole>
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      <None>0</None>
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    <nameOfIssuer>ISHARES MSCI EAFE INDEX FUND</nameOfIssuer>
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    <cusip>464287465</cusip>
    <value>4641</value>
    <shrsOrPrnAmt>
      <sshPrnamt>69100</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <Sole>69100</Sole>
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      <None>0</None>
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    <nameOfIssuer>ISHARES MSCI FRANCE ETF</nameOfIssuer>
    <titleOfClass>MSCI France Index</titleOfClass>
    <cusip>464286707</cusip>
    <value>3898</value>
    <shrsOrPrnAmt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <Sole>133450</Sole>
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      <None>0</None>
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    <nameOfIssuer>ISHARES MSCI GERMANY ETF</nameOfIssuer>
    <titleOfClass>MSCI Germany Index</titleOfClass>
    <cusip>464286806</cusip>
    <value>803</value>
    <shrsOrPrnAmt>
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      <sshPrnamtType>SH</sshPrnamtType>
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      <None>0</None>
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    <nameOfIssuer>ISHARES MSCI JAPAN ETF</nameOfIssuer>
    <titleOfClass>MSCI Japan Index</titleOfClass>
    <cusip>464286848</cusip>
    <value>8583</value>
    <shrsOrPrnAmt>
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      <None>0</None>
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    <nameOfIssuer>ISHARES MSCI MEXICO CAPPED ETF</nameOfIssuer>
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    <cusip>464286822</cusip>
    <value>1090</value>
    <shrsOrPrnAmt>
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    <nameOfIssuer>ISHARES MSCI UNITED KINGDOM ETF</nameOfIssuer>
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    <cusip>464286699</cusip>
    <value>2808</value>
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    <nameOfIssuer>JP Morgan Chase &amp; Co</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>46625H100</cusip>
    <value>567</value>
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    <nameOfIssuer>Kayne Anderson ETR Fund Inc</nameOfIssuer>
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    <cusip>48660P104</cusip>
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      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
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    <nameOfIssuer>Kayne Anderson Midstream Enrgy</nameOfIssuer>
    <titleOfClass>PFD</titleOfClass>
    <cusip>48661E108</cusip>
    <value>15120</value>
    <shrsOrPrnAmt>
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      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>560000</Sole>
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      <None>0</None>
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    <nameOfIssuer>Kayne Anderson MLP Investment</nameOfIssuer>
    <titleOfClass>PFD</titleOfClass>
    <cusip>486606502</cusip>
    <value>16260</value>
    <shrsOrPrnAmt>
      <sshPrnamt>600000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>Kayne Anderson MLP Investment</nameOfIssuer>
    <titleOfClass>PFD</titleOfClass>
    <cusip>486606403</cusip>
    <value>11880</value>
    <shrsOrPrnAmt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <None>0</None>
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    <nameOfIssuer>Kimberly-Clark Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>494368103</cusip>
    <value>3099</value>
    <shrsOrPrnAmt>
      <sshPrnamt>28108</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Kimberly-Clark Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>494368103</cusip>
    <value>468</value>
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      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Legg Mason Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>524901105</cusip>
    <value>4270</value>
    <shrsOrPrnAmt>
      <sshPrnamt>87072</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
    <votingAuthority>
      <Sole>87072</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Legg Mason Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>524901105</cusip>
    <value>616</value>
    <shrsOrPrnAmt>
      <sshPrnamt>12556</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
    <votingAuthority>
      <Sole>12556</Sole>
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      <None>0</None>
    </votingAuthority>
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    <titleOfClass>CALL</titleOfClass>
    <cusip>539439AC3</cusip>
    <value>1456</value>
    <shrsOrPrnAmt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>Lockheed Martin Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>539830109</cusip>
    <value>3771</value>
    <shrsOrPrnAmt>
      <sshPrnamt>23099</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Lockheed Martin Corp</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>539830109</cusip>
    <value>497</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3047</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
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  <infoTable>
    <nameOfIssuer>Materials Select Sector SPDR</nameOfIssuer>
    <titleOfClass>Select Sector SPDR TR SBI Materials</titleOfClass>
    <cusip>81369Y100</cusip>
    <value>3780</value>
    <shrsOrPrnAmt>
      <sshPrnamt>79946</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Merck &amp; Co Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>58933Y105</cusip>
    <value>3192</value>
    <shrsOrPrnAmt>
      <sshPrnamt>56219</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <Sole>56219</Sole>
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      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>Merck &amp; Co Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>58933Y105</cusip>
    <value>506</value>
    <shrsOrPrnAmt>
      <sshPrnamt>8909</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>2</otherManager>
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      <Sole>8909</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Merge Healthcare Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>589499102</cusip>
    <value>1623</value>
    <shrsOrPrnAmt>
      <sshPrnamt>665027</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <otherManager>1</otherManager>
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      <Sole>665027</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>Merge Healthcare Inc</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
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    <titleOfClass>MSCI EAFE Index</titleOfClass>
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    <titleOfClass>COM</titleOfClass>
    <cusip>755111507</cusip>
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    <cusip>87425E103</cusip>
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    <titleOfClass>COM</titleOfClass>
    <cusip>87612E106</cusip>
    <value>2439</value>
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    <cusip>81369Y803</cusip>
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    <titleOfClass>COM</titleOfClass>
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    <titleOfClass>Select Sector SPDR TR SBI INT-UTILS</titleOfClass>
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