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        <CategoryOrItemTxt>PACE INVESTMENTS</CategoryOrItemTxt>
        <BookValueAmt>650914</BookValueAmt>
        <EOYFMVAmt>660683</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SPDR S&amp;P 500 ETF TR</CategoryOrItemTxt>
        <BookValueAmt>1045850</BookValueAmt>
        <EOYFMVAmt>1479766</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherDecreasesSchedule documentId="RetDoc5">
      <OtherDecreasesDetail>
        <Desc>BOOK/TAX DIFFERENCE PASS THRU</Desc>
        <Amt>4342</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>FEDERAL TAX PAYMENT</Desc>
        <Amt>6492</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT COUNSEL FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>58410</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>58410</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>15</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>15</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc7">
      <OtherIncomeDetail>
        <Desc>ORDINARY GAIN - ENTERPRISE</Desc>
        <RevenueAndExpensesPerBooksAmt>10758</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>10758</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="RetDoc8">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>1246</Amt>
        <NetInvestmentIncomeAmt>1246</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>