# Jupiter Global High Yield Bond
Schedule of Investments as at 31 March 2021 (continued)
| Forward Currency Exchange Contracts |
| --- |
| Currency Purchased | Amount Purchased | Currency Sold | Amount Sold | Maturity Date | Counterparty | Unrealised Gain/(Loss) EUR | % of Net Assets |
| GBP | 216,142 | EUR | 253,249 | 30/04/2021 | J.P. Morgan | 136 | – |
| USD | 1,864,088 | EUR | 1,566,815 | 15/04/2021 | J.P. Morgan | 21,372 | 0.11 |
| USD | 94,116 | EUR | 80,157 | 30/04/2021 | HSBC | 4 | – |
| Total Unrealised Gain on Forward Currency Exchange Contracts - Assets	21,512	0.11 |
| EUR | 2,927,373 | GBP | 2,498,384 | 30/04/2021 | HSBC | (1,497) | (0.01) |
| EUR | 10,390,573 | USD | 12,245,665 | 30/04/2021 | HSBC | (39,346) | (0.20) |
| Total Unrealised Loss on Forward Currency Exchange Contracts - Liabilities | (40,843) | (0.21) |
| Net Unrealised Loss on Forward Currency Exchange Contracts - Liabilities | (19,331) | (0.10) |
| The accompanying notes form an integral part of these financial statements. |  |  |

| Jupiter Global Sovereign Opportunities |  |
| --- | --- |
| Schedule of Investments as at 31 March 2021 |  |  |  |  |
|  |  | Quantity/ Nominal | Market Value | % of |
| Investments | Currency | Value | USD | Net Assets |
| Transferable securities and money market instruments admitted to an official exchange listing |  |  |  |  |
| Bonds |  |  |  |  |
| Albania |  |  |  |  |
| Albania Government Bond, Reg. S 3.5% 09/10/2025 | EUR | 100,000 | 124,622 | 0.25 |
| Albania Government Bond, Reg. S 3.5% 16/06/2027 | EUR | 100,000 | 125,219 | 0.26 |
|  |  |  | 249,841 | 0.51 |
| Argentina |  |  |  |  |
| Argentina Government Bond, STEP 0.125% 09/07/2035 | USD | 500,000 | 148,505 | 0.30 |
|  |  |  | 148,505 | 0.30 |
| Austria |  |  |  |  |
| Austria Government Bond, Reg. S, 144A 0% 20/02/2031 | EUR | 75,000 | 88,606 | 0.18 |
|  |  |  | 88,606 | 0.18 |
| Bahrain |  |  |  |  |
| CBB International Sukuk Programme Co. SPC, Reg. S 3.95% 16/09/2027 | USD | 500,000 | 506,935 | 1.03 |
|  |  |  | 506,935 | 1.03 |
| Bermuda |  |  |  |  |
| Qatar Reinsurance Co. Ltd., Reg. S, FRN 4.95% Perpetual | USD | 200,000 | 203,938 | 0.41 |
|  |  |  | 203,938 | 0.41 |
| Cayman Islands |  |  |  |  |
| ABQ Finance Ltd., Reg. S 3.625% 13/04/2021 | USD | 300,000 | 300,235 | 0.61 |
| Dubai DOF Sukuk Ltd., Reg. S 2.763% 09/09/2030 | USD | 200,000 | 198,000 | 0.40 |
| QNB Finance Ltd., Reg. S 1.375% 26/01/2026 | USD | 200,000 | 195,268 | 0.40 |
| QNB Finance Ltd., Reg. S 1.54% 31/05/2021 | USD | 500,000 | 500,802 | 1.02 |
|  |  |  | 1,194,305 | 2.43 |
| Czech Republic |  |  |  |  |
| Czech Republic Government Bond, Reg. S 0.95% 15/05/2030 | CZK | 5,480,000 | 226,622 | 0.46 |
|  |  |  | 226,622 | 0.46 |
| Ecuador |  |  |  |  |
| Ecuador Government Bond, Reg. S 0% 31/07/2030 | USD | 109,448 | 44,328 | 0.09 |
| Ecuador Government Bond, STEP, Reg. S 0.5% 31/07/2035 | USD | 676,467 | 307,799 | 0.62 |
| Ecuador Government Bond, STEP, Reg. S 0.5% 31/07/2040 | USD | 450,000 | 195,754 | 0.40 |
|  |  |  | 547,881 | 1.11 |
| Egypt |  |  |  |  |
| Egypt Government Bond, Reg. S 3.875% 16/02/2026 | USD | 200,000 | 193,220 | 0.39 |
|  |  |  | 193,220 | 0.39 |
| Ethiopia |  |  |  |  |
| Ethiopia Government Bond, Reg. S 6.625% 11/12/2024 | USD | 200,000 | 184,930 | 0.38 |
|  |  |  | 184,930 | 0.38 |
| France |  |  |  |  |
| Societe Generale SA, 144A 7.375% Perpetual | USD | 200,000 | 204,744 | 0.42 |
|  |  |  | 204,744 | 0.42 |
| Ghana |  |  |  |  |
| Ghana Government Bond 20.75% 16/01/2023 | GHS | 2,750,000 | 506,422 | 1.03 |
| Ghana Government Bond, Reg. S 8.75% 11/03/2061 | USD | 200,000 | 186,132 | 0.38 |
|  |  |  | 692,554 | 1.41 |
| The accompanying notes form an integral part of these financial statements. |  |  |  |  |

| Jupiter Global Sovereign Opportunities |  |  |  |  |
| --- | --- | --- | --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
|  |  | Quantity/ Nominal | Market Value | % of |
| Investments | Currency | Value | USD | Net Assets |
| Transferable securities and money market instruments admitted to an official exchange listing |  |  |  |  |
| Bonds |  |  |  |  |
| Greece |  |  |  |  |
| Greece Government Bond, FRN 0% 15/10/2042 | EUR | 30,000,000 | 110,015 | 0.23 |
| Greece Government Bond, Reg. S, 144A 0.75% 18/06/2031 | EUR | 200,000 | 232,250 | 0.47 |
|  |  |  | 342,265 | 0.70 |
| Hungary |  |  |  |  |
| Hungary Government Bond 3.25% 22/10/2031 | HUF | 141,330,000 | 485,023 | 0.99 |
|  |  |  | 485,023 | 0.99 |
| Iceland |  |  |  |  |
| Landsbankinn HF, Reg. S 0.375% 23/05/2025 | EUR | 200,000 | 233,534 | 0.48 |
|  |  |  | 233,534 | 0.48 |
| India |  |  |  |  |
| Export-Import Bank of India, Reg. S 3.125% 20/07/2021 | USD | 400,000 | 402,816 | 0.82 |
| Export-Import Bank of India, Reg. S 2.25% 13/01/2031 | USD | 387,000 | 353,886 | 0.72 |
| Housing Development Finance Corp. Ltd., Reg. S 8.22%	INR | 30,000,000 | 416,906 | 0.85 |
| Indian Renewable Energy Development Agency Ltd., Reg. S 7.125% 10/10/2022 | INR | 20,000,000 | 270,948 | 0.55 |
| Power Finance Corp. Ltd., Reg. S 3.95% 23/04/2030 | USD | 300,000 | 307,589 | 0.63 |
| REC Ltd., Reg. S 2.25% 01/09/2026 | USD | 500,000 | 487,678 | 0.99 |
| State Bank of India, Reg. S, FRN 5.5% Perpetual | USD | 200,000 | 202,800 | 0.41 |
|  |  |  | 2,442,623 | 4.97 |
| Indonesia |  |  |  |  |
| Indonesia Government Bond, Reg. S 4.875% 05/05/2021 | USD | 500,000 | 501,512 | 1.02 |
|  |  |  | 501,512 | 1.02 |
| Ireland |  |  |  |  |
| Bank of Ireland Group plc, Reg. S, FRN 4.125% 19/09/2027 | USD | 200,000 | 204,692 | 0.42 |
|  |  |  | 204,692 | 0.42 |
| Israel |  |  |  |  |
| Israel Government Bond 3.75% 31/03/2047 | ILS | 600,000 | 234,495 | 0.48 |
|  |  |  | 234,495 | 0.48 |
| Ivory Coast |  |  |  |  |
| Ivory Coast Government Bond, Reg. S 6.375% 03/03/2028 | USD | 200,000 | 217,609 | 0.44 |
|  |  |  | 217,609 | 0.44 |
| Jersey |  |  |  |  |
| Galaxy Pipeline Assets Bidco Ltd., Reg. S 2.16% 31/03/2034 | USD | 200,000 | 194,395 | 0.40 |
|  |  |  | 194,395 | 0.40 |
| Lebanon |  |  |  |  |
| Lebanon Government Bond, Reg. S 6.1% 04/10/2022 | USD | 250,000 | 29,713 | 0.06 |
| Lebanon Government Bond, Reg. S 6.2% 26/02/2025 | USD | 250,000 | 29,747 | 0.06 |
| Lebanon Government Bond, Reg. S 7.25% 23/03/2037 | USD | 250,000 | 30,735 | 0.06 |
|  |  |  | 90,195 | 0.18 |
| The accompanying notes form an integral part of these financial statements. |  |  |  |  |

28/03/2022
| Jupiter Global Sovereign Opportunities |  |  |  |  |
| --- | --- | --- | --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
|  |  | Quantity/ Nominal | Market Value | % of |
| Investments | Currency | Value | USD | Net Assets |
| Transferable securities and money market instruments admitted to an official exchange listing |  |  |  |  |
| Bonds |  |  |  |  |
| Macedonia |  |  |  |  |
| North Macedonia Government Bond, Reg. S 3.975% 24/07/2021 | EUR | 100,000 | 118,757 | 0.24 |
| North Macedonia Government Bond, Reg. S 2.75% 18/01/2025 | EUR | 100,000 | 122,992 | 0.25 |
|  |  |  | 241,749 | 0.49 |
| Mauritius |  |  |  |  |
| Clean Renewable Power Mauritius Pte. Ltd., Reg. S 4.25% 25/03/2027 | USD | 200,000 | 202,100 | 0.41 |

|  | 202,100 | 0.41 |
| --- | --- | --- |
| Mexico |  |  |  |  |
| Mexico Government Bond 3.75% 19/04/2071 | USD | 300,000 | 260,250 | 0.53 |
| Petroleos Mexicanos 6.75% 21/09/2047 | USD | 150,000 | 128,823 | 0.26 |
| Petroleos Mexicanos, Reg. S 2.75% 21/04/2027 | EUR | 100,000 | 106,091 | 0.22 |
|  |  |  | 495,164 | 1.01 |
| Montenegro |  |  |  |  |
| Montenegro Government Bond, Reg. S 2.875% 16/12/2027 | EUR | 100,000 | 112,405 | 0.23 |
| Montenegro Government Bond, Reg. S 2.55% 03/10/2029 | EUR | 100,000 | 107,980 | 0.22 |
|  |  |  | 220,385 | 0.45 |
| Poland |  |  |  |  |
| Poland Government Bond 5.125% 21/04/2021 | USD | 1,000,000 | 1,002,305 | 2.04 |
| Poland Government Bond 1.25% 25/10/2030 | PLN | 1,024,000 | 250,569 | 0.51 |
|  |  |  | 1,252,874 | 2.55 |
| Portugal |  |  |  |  |
| Novo Banco SA 0% 09/04/2052 | EUR | 420,000 | 94,679 | 0.19 |
| Novo Banco SA, Reg. S 3.5% 19/02/2043 | EUR | 200,000 | 206,493 | 0.42 |
|  |  |  | 301,172 | 0.61 |
| Qatar |  |  |  |  |
| Qatar Government Bond, Reg. S 2.375% 02/06/2021 | USD | 500,000 | 501,852 | 1.02 |
|  |  |  | 501,852 | 1.02 |
| Romania |  |  |  |  |
| Romania Government Bond, Reg. S 1.375% 02/12/2029 | EUR | 100,000 | 116,689 | 0.24 |
|  |  |  | 116,689 | 0.24 |
| Russia |  |  |  |  |
| Russian Federal Bond - OFZ 6.1% 18/07/2035 | RUB | 7,500,000 | 90,448 | 0.18 |
|  |  |  | 90,448 | 0.18 |
| Saudi Arabia |  |  |  |  |
| Saudi Arabian Oil Co., Reg. S 2.25% 24/11/2030 | USD | 300,000 | 289,121 | 0.59 |
| Saudi Arabian Oil Co., Reg. S 3.5% 24/11/2070 | USD | 200,000 | 179,388 | 0.36 |
|  |  |  | 468,509 | 0.95 |
| Serbia |  |  |  |  |
| Serbia Government Bond, Reg. S 7.25% 28/09/2021 | USD | 900,000 | 929,262 | 1.89 |
| Serbia Government Bond, Reg. S 1.5% 26/06/2029 | EUR | 200,000 | 235,452 | 0.48 |
|  |  |  | 1,164,714 | 2.37 |

Translation (ENFR, 2021-03-31):
# Jupiter Global High Yield Bond
Composition du portefeuille-titres au 31 mars 2021 (suite)
| Contrats de change à terme |
| --- |
| Devise | Montant | Devise | Montant | Date |  | Plus-value/ (moins-value) non réalisée | % de |
| achetée | acheté | vendue | vendu | d'échéance | Contrepartie | EUR | l’actif net |
| GBP | 216 142 | EUR | 253 249 | 30/04/2021 | J.P. Morgan | 136 | – |
| USD | 1 864 088 | EUR | 1 566 815 | 15/04/2021 | J.P. Morgan | 21 372 | 0,11 |
| USD | 94 116 | EUR | 80 157 | 30/04/2021 | HSBC | 4 | – |
| Plus-value totale non réalisée sur contrats de change à terme - Actif	21 512	0,11 |
| EUR | 2 927 373 | GBP | 2 498 384 | 30/04/2021 | HSBC | (1 497) | (0,01) |
| EUR | 10 390 573 | USD | 12 245 665 | 30/04/2021 | HSBC | (39 346) | (0,20) |
| Moins-value totale non réalisée sur contrats de change à terme - Passif | (40 843) | (0,21) |
| Moins-value nette non réalisée sur contrats de change à terme - Passif | (19 331) | (0,10) |
| Les notes annexes font partie intégrante des présents états financiers. |  |  |

| Jupiter Global Sovereign Opportunities |  |
| --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 |  |  |  |  |
|  |  | Quantité/ Valeur | Valeur de marché | % de |
| Investissements | Devise | nominale | USD | l’actif net |
| Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  |  |  |
| Obligations |  |  |  |  |
| Albanie |  |  |  |  |
| Albania Government Bond, Reg. S 3.5% 09/10/2025 | EUR | 100 000 | 124 622 | 0,25 |
| Albania Government Bond, Reg. S 3.5% 16/06/2027 | EUR | 100 000 | 125 219 | 0,26 |
|  |  |  | 249 841 | 0,51 |
| Argentine |  |  |  |  |
| Argentina Government Bond, STEP 0.125% 09/07/2035 | USD | 500 000 | 148 505 | 0,30 |
|  |  |  | 148 505 | 0,30 |
| Autriche |  |  |  |  |
| Austria Government Bond, Reg. S, 144A 0% 20/02/2031 | EUR | 75 000 | 88 606 | 0,18 |
|  |  |  | 88 606 | 0,18 |
| Bahrein |  |  |  |  |
| CBB International Sukuk Programme Co. SPC, Reg. S 3.95% 16/09/2027 | USD | 500 000 | 506 935 | 1,03 |
|  |  |  | 506 935 | 1,03 |
| Bermudes |  |  |  |  |
| Qatar Reinsurance Co. Ltd., Reg. S, FRN 4,95% Perpetual | USD | 200 000 | 203 938 | 0,41 |
|  |  |  | 203 938 | 0,41 |
| Îles Caïmans |  |  |  |  |
| ABQ Finance Ltd., Reg. S 3.625% 13/04/2021 | USD | 300 000 | 300 235 | 0,61 |
| Dubai DOF Sukuk Ltd., Reg. S 2.763% 09/09/2030 | USD | 200 000 | 198 000 | 0,40 |
| QNB Finance Ltd., Reg. S 1.375% 26/01/2026 | USD | 200 000 | 195 268 | 0,40 |
| QNB Finance Ltd., Reg. S 1.54% 31/05/2021 | USD | 500 000 | 500 802 | 1,02 |
|  |  |  | 1 194 305 | 2,43 |
| République tchèque |  |  |  |  |
| Czech Republic Government Bond, Reg. S 0,95% 15/05/2030 | CZK | 5 480 000 | 226 622 | 0,46 |
|  |  |  | 226 622 | 0,46 |
| Équateur |  |  |  |  |
| Ecuador Government Bond, Reg. S 0% 31/07/2030 | USD | 109 448 | 44 328 | 0,09 |
| Ecuador Government Bond, STEP, Reg. S 0,5% 31/07/2035 | USD | 676 467 | 307 799 | 0,62 |
| Ecuador Government Bond, STEP, Reg. S 0,5% 31/07/2040 | USD | 450 000 | 195 754 | 0,40 |
|  |  |  | 547 881 | 1,11 |
| Égypte |  |  |  |  |
| Egypt Government Bond, Reg. S 3.875% 16/02/2026 | USD | 200 000 | 193 220 | 0,39 |
|  |  |  | 193 220 | 0,39 |
| Éthiopie |  |  |  |  |
| Ethiopia Government Bond, Reg. S 6.625% 11/12/2024 | USD | 200 000 | 184 930 | 0,38 |
|  |  |  | 184 930 | 0,38 |
| France |  |  |  |  |
| Societe Generale SA, 144A 7.375% Perpetual | USD | 200 000 | 204 744 | 0,42 |
|  |  |  | 204 744 | 0,42 |
| Ghana |  |  |  |  |
| Ghana Government Bond 20.75% 16/01/2023 | GHS | 2 750 000 | 506 422 | 1,03 |
| Ghana Government Bond, Reg. S 8.75% 11/03/2061 | USD | 200 000 | 186 132 | 0,38 |
|  |  |  | 692 554 | 1,41 |
| Les notes annexes font partie intégrante des présents états financiers. |  |  |  |  |

| Jupiter Global Sovereign Opportunities |  |  |  |  |
| --- | --- | --- | --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 (suite) |  |  |  |  |
|  |  | Quantité/ Valeur | Valeur de marché | % de |
| Investissements | Devise | nominale | USD | l’actif net |
| Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  |  |  |
| Obligations |  |  |  |  |
| Grèce |  |  |  |  |
| Greece Government Bond, FRN 0% 15/10/2042 | EUR | 30 000 000 | 110 015 | 0,23 |
| Greece Government Bond, Reg. S, 144A 0.75% 18/06/2031 | EUR | 200 000 | 232 250 | 0,47 |
|  |  |  | 342 265 | 0,70 |
| Hongrie |  |  |  |  |
| Hungary Government Bond 3.25% 22/10/2031 | HUF | 141 330 000 | 485 023 | 0,99 |
|  |  |  | 485 023 | 0,99 |
| Islande |  |  |  |  |
| Landsbankinn HF, Reg. S 0.375% 23/05/2025 | EUR | 200 000 | 233 534 | 0,48 |
|  |  |  | 233 534 | 0,48 |
| Inde |  |  |  |  |
| Export-Import Bank of India, Reg. S 3.125% 20/07/2021 | USD | 400 000 | 402 816 | 0,82 |
| Export-Import Bank of India, Reg. S 2.25% 13/01/2031 | USD | 387 000 | 353 886 | 0,72 |
| Housing Development Finance Corp. Ltd., Reg. S 8.22%	INR | 30 000 000 | 416 906 | 0,85 |
| Indian Renewable Energy Development Agency Ltd., Reg. S 7,125% 10/10/2022 | INR | 20 000 000 | 270 948 | 0,55 |
| Power Finance Corp. Ltd., Reg. S 3.95% 23/04/2030 | USD | 300 000 | 307 589 | 0,63 |
| REC Ltd., Reg. S 2.25% 01/09/2026 | USD | 500 000 | 487 678 | 0,99 |
| State Bank of India, Reg. S, FRN 5.5% Perpetual | USD | 200 000 | 202 800 | 0,41 |
|  |  |  | 2 442 623 | 4,97 |
| Indonésie |  |  |  |  |
| Indonesia Government Bond, Reg. S 4.875% 05/05/2021 | USD | 500 000 | 501 512 | 1,02 |
|  |  |  | 501 512 | 1,02 |
| Irlande |  |  |  |  |
| Bank of Ireland Group plc, Reg. S, FRN 4,125% 19/09/2027 | USD | 200 000 | 204 692 | 0,42 |
|  |  |  | 204 692 | 0,42 |
| Israël |  |  |  |  |
| Israel Government Bond 3.75% 31/03/2047 | ILS | 600 000 | 234 495 | 0,48 |
|  |  |  | 234 495 | 0,48 |
| Côte d’Ivoire |  |  |  |  |
| Ivory Coast Government Bond, Reg. S 6.375% 03/03/2028 | USD | 200 000 | 217 609 | 0,44 |
|  |  |  | 217 609 | 0,44 |
| Jersey |  |  |  |  |
| Galaxy Pipeline Assets Bidco Ltd., Reg. S 2.16% 31/03/2034 | USD | 200 000 | 194 395 | 0,40 |
|  |  |  | 194 395 | 0,40 |
| Liban |  |  |  |  |
| Lebanon Government Bond, Reg. S 6.1% 04/10/2022 | USD | 250 000 | 29 713 | 0,06 |
| Lebanon Government Bond, Reg. S 6,2% 26/02/2025 | USD | 250 000 | 29 747 | 0,06 |
| Lebanon Government Bond, Reg. S 7.25% 23/03/2037 | USD | 250 000 | 30 735 | 0,06 |
|  |  |  | 90 195 | 0,18 |
| Les notes annexes font partie intégrante des présents états financiers. |  |  |  |  |

28/03/2022