# COMPOSITION OF THE ASSETS
| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Transferable securities admitted to an official stock exchange listing |  |  |  |  |  |  |  |
| Shares |  |  |  |  |  |  |
| Japan |  |  |  |  |  |  |
| ABC-MART INC | 800 | JPY | 6,410 | 38,738.23 | 0.03% | 0.03% |
| ACOM | 14,000 | JPY | 480 | 50,764.60 | 0.04% | 0.04% |
| ADVANTEST | 7,300 | JPY | 9,830 | 542,085.90 | 0.46% | 0.46% |
| AEON | 24,526 | JPY | 2,978 | 551,658.39 | 0.47% | 0.47% |
| AGC INC | 7,500 | JPY | 4,645 | 263,171.41 | 0.23% | 0.22% |
| AISIN CORPORATION | 5,000 | JPY | 4,765 | 179,980.16 | 0.15% | 0.15% |
| AJINOMOTO | 17,300 | JPY | 2,853 | 372,854.69 | 0.32% | 0.32% |
| ANA HDLG | 5,000 | JPY | 2,640 | 99,697.30 | 0.09% | 0.08% |
| ASAHI BREWERIES | 18,500 | JPY | 5,147 | 719,312.53 | 0.62% | 0.61% |
| ASAHI INTECC | 7,700 | JPY | 2,649 | 154,086.44 | 0.13% | 0.13% |
| ASAHI KASEI | 45,000 | JPY | 1,228 | 417,448.22 | 0.36% | 0.35% |
| ASTELLAS PHARMA | 65,885 | JPY | 1,916 | 953,865.42 | 0.82% | 0.81% |
| AZBIL CORP | 4,500 | JPY | 4,565 | 155,183.32 | 0.13% | 0.13% |
| BANDAI NAMCO HLDG | 7,350 | JPY | 7,606 | 422,313.91 | 0.36% | 0.36% |
| BRIDGESTONE | 20,100 | JPY | 5,048 | 766,491.13 | 0.66% | 0.65% |
| BROTHER INDUSTRIES | 8,800 | JPY | 2,225 | 147,912.34 | 0.13% | 0.13% |
| CANON | 35,000 | JPY | 2,489 | 658,089.06 | 0.56% | 0.56% |
| CAPCOM CO LTD | 6,200 | JPY | 3,150 | 147,534.63 | 0.13% | 0.12% |
| CASIO | 5,700 | JPY | 1,874 | 80,693.06 | 0.07% | 0.07% |
| CENTRAL JAPAN RAILW | 5,000 | JPY | 16,930 | 639,467.82 | 0.55% | 0.54% |
| CHIBA | 21,400 | JPY | 670 | 108,312.93 | 0.09% | 0.09% |
| CHUBU ELECTRIC POWER | 21,000 | JPY | 1,349 | 214,004.53 | 0.18% | 0.18% |
| CHUGAI PHARMA | 23,600 | JPY | 4,383 | 781,403.23 | 0.67% | 0.66% |
| CONCORDIA FIN GROUP | 34,500 | JPY | 412 | 107,376.20 | 0.09% | 0.09% |
| COSMOS PHARMA | 800 | JPY | 16,610 | 100,380.96 | 0.09% | 0.09% |
| CYBERAGENT | 14,900 | JPY | 2,355 | 265,075.09 | 0.23% | 0.22% |
| DAIFUKU | 3,500 | JPY | 10,000 | 264,398.98 | 0.23% | 0.22% |
| DAI-ICHI LIFE HLDGS | 37,000 | JPY | 2,034 | 568,518.24 | 0.49% | 0.48% |
| DAIICHI SANKYO CO | 60,998 | JPY | 2,394 | 1,103,372.53 | 0.94% | 0.93% |
| DAIKIN | 8,740 | JPY | 20,920 | 1,381,226.31 | 1.18% | 1.17% |
| DAI NIPPON PRINTING | 7,350 | JPY | 2,368 | 131,480.32 | 0.11% | 0.11% |
| DAINIPPON SUMITOMO | 6,500 | JPY | 2,286 | 112,248.70 | 0.10% | 0.10% |
| DAITO | 2,500 | JPY | 12,120 | 228,893.97 | 0.20% | 0.19% |
| DAIWA HOUSE | 20,900 | JPY | 3,312 | 522,911.68 | 0.45% | 0.44% |
| DAIWA H REIT INV | 75 | JPY | 328,000 | 185,834.71 | 0.16% | 0.16% |
| DAIWA SECURITIES | 54,100 | JPY | 609 | 249,052.81 | 0.21% | 0.21% |
| DENSO | 15,172 | JPY | 7,583 | 869,111.75 | 0.74% | 0.74% |
| DENTSU GROUP INC | 8,300 | JPY | 3,980 | 249,547.31 | 0.21% | 0.21% |
| DISCO CORP | 900 | JPY | 34,350 | 233,539.84 | 0.20% | 0.20% |
| EAST JAPAN | 10,600 | JPY | 7,948 | 636,437.05 | 0.54% | 0.54% |
| EISAI | 8,300 | JPY | 10,885 | 682,493.09 | 0.58% | 0.58% |
| ENEOS HOLDINGS | 107,010 | JPY | 466 | 376,382.19 | 0.32% | 0.32% |
| FANUC CORP | 6,821 | JPY | 26,830 | 1,382,485.08 | 1.18% | 1.17% |
| FAST RETAILING | 2,100 | JPY | 83,830 | 1,329,873.99 | 1.14% | 1.13% |
| FUJI ELECTRIC CO | 4,600 | JPY | 5,160 | 179,307.83 | 0.15% | 0.15% |
| FUJIFILM HOLDINGS C | 12,500 | JPY | 8,138 | 768,456.75 | 0.66% | 0.65% |
| FUJITSU LTD | 7,000 | JPY | 20,480 | 1,082,978.22 | 0.93% | 0.92% |
| GLP J-REIT | 142 | JPY | 189,700 | 203,492.03 | 0.17% | 0.17% |
| GMO PAYMENT GATEWAY | 1,300 | JPY | 14,030 | 137,782.09 | 0.12% | 0.12% |
| HAKUHODO DY HLDG | 8,600 | JPY | 1,724 | 112,002.43 | 0.10% | 0.09% |
| HAMAMATSU PHOTONICS | 4,700 | JPY | 6,700 | 237,883.54 | 0.20% | 0.20% |
| HANKYU HANSHIN HLDG | 8,900 | JPY | 3,410 | 229,264.13 | 0.20% | 0.19% |
| HARMONIC DRIVE | 1,800 | JPY | 6,290 | 85,529.29 | 0.07% | 0.07% |
| HIKARI TSUSHIN | 600 | JPY | 19,500 | 88,384.80 | 0.08% | 0.07% |
| HINO MOTORS | 11,800 | JPY | 981 | 87,446.56 | 0.07% | 0.07% |
| HIROSE | 1,257 | JPY | 16,220 | 154,020.26 | 0.13% | 0.13% |
| HISAMITSU PHARMA | 1,400 | JPY | 5,560 | 58,802.33 | 0.05% | 0.05% |
| HITACHI CONST MACH | 3,300 | JPY | 3,430 | 85,506.63 | 0.07% | 0.07% |
| HITACHI LTD | 34,200 | JPY | 6,347 | 1,639,782.83 | 1.40% | 1.39% |
| HITACHI METALS | 7,300 | JPY | 2,124 | 117,130.26 | 0.10% | 0.10% |
| HONDA | 57,681 | JPY | 3,561 | 1,551,659.72 | 1.33% | 1.31% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| HOSHIZAKI CORP | 1,700 | JPY | 9,520 | 122,258.09 |  | 0.10% | 0.10% |
| HOYA | 13,174 | JPY | 14,870 | 1,479,859.07 | 1.27% | 1.25% |
| HULIC CO LTD | 8,700 | JPY | 1,242 | 81,626.76 | 0.07% | 0.07% |
| IBIDEN | 3,700 | JPY | 5,920 | 165,468.44 | 0.14% | 0.14% |
| IDEMITSU KOSAN | 6,704 | JPY | 2,667 | 135,066.84 | 0.12% | 0.11% |
| IIDA GRP HLDGS | 5,500 | JPY | 2,835 | 117,789.75 | 0.10% | 0.10% |
| INPEX | 39,000 | JPY | 835 | 246,004.36 | 0.21% | 0.21% |
| ISUZU MOTORS LTD | 19,000 | JPY | 1,496 | 214,722.19 | 0.18% | 0.18% |
| IT HOLDGINGS | 8,300 | JPY | 2,759 | 172,990.21 | 0.15% | 0.15% |
| ITOCHU | 42,000 | JPY | 3,201 | 1,015,609.36 | 0.87% | 0.86% |
| ITOCHU TECHNO-SOL | 4,000 | JPY | 3,365 | 101,680.29 | 0.09% | 0.09% |
| ITO EN | 2,900 | JPY | 6,650 | 145,683.84 | 0.12% | 0.12% |
| JAPAN AIRLINES CO | 4,400 | JPY | 2,436 | 80,969.54 | 0.07% | 0.07% |
| JAPAN EXCHANGE | 17,900 | JPY | 2,460 | 332,644.13 | 0.28% | 0.28% |
| JAPAN POST BANK CO | 16,600 | JPY | 934 | 117,124.22 | 0.10% | 0.10% |
| JAPAN POST HLDGS | 57,400 | JPY | 912 | 395,282.82 | 0.34% | 0.33% |
| JAPAN POST INSUR | 9,300 | JPY | 2,034 | 142,897.83 | 0.12% | 0.12% |
| JFE HOLDINGS | 16,942 | JPY | 1,307 | 167,275.37 | 0.14% | 0.14% |
| JP RL EST INV | 46 | JPY | 677,000 | 235,254.66 | 0.20% | 0.20% |
| JSR | 7,000 | JPY | 3,345 | 176,882.92 | 0.15% | 0.15% |
| KAJIMA | 17,650 | JPY | 1,388 | 185,065.69 | 0.16% | 0.16% |
| KAKAKU.COM | 5,298 | JPY | 3,330 | 133,274.76 | 0.11% | 0.11% |
| KANSAI | 27,400 | JPY | 1,056 | 218,577.88 | 0.19% | 0.19% |
| KANZAI PAINT CO | 6,400 | JPY | 2,763 | 133,583.43 | 0.11% | 0.11% |
| KAO | 17,300 | JPY | 6,830 | 892,603.40 | 0.76% | 0.76% |
| KDDI | 57,000 | JPY | 3,451 | 1,485,975.14 | 1.27% | 1.26% |
| KEIO CORP | 4,000 | JPY | 6,530 | 197,317.18 | 0.17% | 0.17% |
| KEISEI ELECTRIC RAIL | 4,800 | JPY | 3,535 | 128,180.63 | 0.11% | 0.11% |
| KEYENCE CORP | 6,946 | JPY | 56,230 | 2,950,493.03 | 2.52% | 2.50% |
| KIKKOMAN | 6,600 | JPY | 7,280 | 362,966.92 | 0.31% | 0.31% |
| KINTETSU GROUP HLDGS | 6,717 | JPY | 3,880 | 196,878.73 | 0.17% | 0.17% |
| KIRIN HOLDINGS | 33,600 | JPY | 2,168 | 550,161.40 | 0.47% | 0.47% |
| KOBAYASHI PHARM | 1,700 | JPY | 9,500 | 122,001.24 | 0.10% | 0.10% |
| KOBE BUSSAN CO LTD | 4,700 | JPY | 3,500 | 124,267.52 | 0.11% | 0.11% |
| KOEI TECMO HLDG | 1,950 | JPY | 5,160 | 76,010.93 | 0.07% | 0.06% |
| KOITO MANUFACT | 4,100 | JPY | 6,780 | 209,993.22 | 0.18% | 0.18% |
| KOMATSU | 30,428 | JPY | 2,808 | 645,449.46 | 0.55% | 0.55% |
| KONAMI | 3,000 | JPY | 6,500 | 147,308.00 | 0.13% | 0.12% |
| KOSE | 1,300 | JPY | 17,630 | 173,136.01 | 0.15% | 0.15% |
| KUBOTA | 35,650 | JPY | 2,268 | 610,793.37 | 0.52% | 0.52% |
| KURITA | 4,100 | JPY | 5,180 | 160,437.30 | 0.14% | 0.14% |
| KYOCERA | 11,200 | JPY | 6,810 | 576,178.26 | 0.49% | 0.49% |
| KYOWA HAKKO KIRIN | 10,070 | JPY | 3,935 | 299,340.82 | 0.26% | 0.25% |
| LASERTEC CORP | 2,700 | JPY | 21,650 | 441,584.07 | 0.38% | 0.37% |
| LAWSON | 2,000 | JPY | 5,170 | 78,111.01 | 0.07% | 0.07% |
| LION CORP | 9,000 | JPY | 1,895 | 128,837.85 | 0.11% | 0.11% |
| LIXIL CORPORATION | 10,000 | JPY | 2,878 | 217,411.50 | 0.19% | 0.18% |
| M3 | 15,900 | JPY | 8,019 | 963,183.58 | 0.82% | 0.82% |
| MAKITA | 8,000 | JPY | 5,220 | 315,465.75 | 0.27% | 0.27% |
| MARUBENI | 58,300 | JPY | 964 | 424,426.16 | 0.36% | 0.36% |
| MAZDA MOTOR CORP | 21,200 | JPY | 1,042 | 166,876.55 | 0.14% | 0.14% |
| MCDONALD S HOLDINGS | 2,500 | JPY | 4,910 | 92,728.50 | 0.08% | 0.08% |
| MEDIPAL SHS | 7,100 | JPY | 2,138 | 114,672.10 | 0.10% | 0.10% |
| MEIJI HOLDINGS | 5,248 | JPY | 6,700 | 265,619.75 | 0.23% | 0.23% |
| MERCARI INC | 3,300 | JPY | 6,060 | 151,070.02 | 0.13% | 0.13% |
| MINEBEA MITSUMI INC | 12,200 | JPY | 2,969 | 273,628.77 | 0.23% | 0.23% |
| MISUMI GROUP INC | 10,700 | JPY | 3,825 | 309,176.84 | 0.26% | 0.26% |
| MITSUBI HEAVY IND | 11,450 | JPY | 3,293 | 284,832.11 | 0.24% | 0.24% |
| MITSUBISHI | 438,669 | JPY | 600 | 1,987,959.52 | 1.70% | 1.68% |
| MITSUBISHI | 44,699 | JPY | 3,005 | 1,014,691.48 | 0.87% | 0.86% |
| MITSUBISHI ELECTRIC | 64,100 | JPY | 1,515 | 733,605.19 | 0.63% | 0.62% |
| MITSUBISHI ESTATE | 43,400 | JPY | 1,784 | 585,056.77 | 0.50% | 0.50% |
| MITSUBISHI GAS CHEM | 5,900 | JPY | 2,331 | 103,892.94 | 0.09% | 0.09% |
| MITSUBISHI HC CAP | 21,000 | JPY | 602 | 95,500.91 | 0.08% | 0.08% |
| MITSU CHEM HLDGS | 43,000 | JPY | 922 | 299,463.57 | 0.26% | 0.25% |
| MITSUI | 54,300 | JPY | 2,476 | 1,015,850.72 | 0.87% | 0.86% |
| MITSUI CHEMICALS | 5,900 | JPY | 3,775 | 168,252.18 | 0.14% | 0.14% |
| MITSUI FUDOSAN | 31,800 | JPY | 2,580 | 619,781.43 | 0.53% | 0.53% |
| MIURA CO LTD | 3,500 | JPY | 4,940 | 130,613.10 | 0.11% | 0.11% |
| MIZUHO FINANCIAL | 86,043 | JPY | 1,588 | 1,031,860.55 | 0.88% | 0.87% |
| MONOTARO CO LTD | 9,600 | JPY | 2,609 | 189,206.93 | 0.16% | 0.16% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| MS AND AD INSUR GRP | 15,949 | JPY | 3,279 | 395,063.23 |  | 0.34% | 0.33% |
| MURATA MANUFACTURING | 20,600 | JPY | 8,456 | 1,315,903.15 | 1.13% | 1.11% |
| NABTESCO CORP | 4,200 | JPY | 4,170 | 132,305.25 | 0.11% | 0.11% |
| NEC | 8,600 | JPY | 5,640 | 366,411.66 | 0.31% | 0.31% |
| NEXON CO LTD | 17,800 | JPY | 2,426 | 326,213.95 | 0.28% | 0.28% |
| NGK | 8,700 | JPY | 1,881 | 123,623.14 | 0.11% | 0.10% |
| NH FOODS LTD | 4,750 | JPY | 4,330 | 155,372.17 | 0.13% | 0.13% |
| NIDEC CORP | 15,779 | JPY | 12,760 | 1,520,974.32 | 1.30% | 1.29% |
| NIHON M-A CENTER INC | 10,100 | JPY | 2,775 | 211,726.93 | 0.18% | 0.18% |
| NINTENDO | 4,028 | JPY | 64,510 | 1,962,945.47 | 1.68% | 1.66% |
| NIPPON EXPRESS CO | 2,700 | JPY | 8,380 | 170,922.61 | 0.15% | 0.14% |
| NIPPON PAINT | 25,000 | JPY | 1,492 | 281,773.77 | 0.24% | 0.24% |
| NIPPON SANSO HLDGS | 4,400 | JPY | 2,277 | 75,684.59 | 0.06% | 0.06% |
| NIPPON SHINYAKU | 1,800 | JPY | 8,780 | 119,387.47 | 0.10% | 0.10% |
| NIPPON STEEL CORP | 32,201 | JPY | 1,878 | 456,953.80 | 0.39% | 0.39% |
| NIPPON TELEGRAPH TEL | 45,244 | JPY | 2,880 | 984,340.18 | 0.84% | 0.83% |
| NIPPON YUSEN KK | 5,602 | JPY | 5,420 | 229,368.68 | 0.20% | 0.19% |
| NISSAN | 80,000 | JPY | 548 | 331,057.74 | 0.28% | 0.28% |
| NISSAN CHEMICAL INDU | 4,200 | JPY | 5,460 | 173,234.21 | 0.15% | 0.15% |
| NISSHIN SEIFUN GRP | 10,199 | JPY | 1,641 | 126,432.26 | 0.11% | 0.11% |
| NISSIN FOOD | 3,500 | JPY | 7,880 | 208,346.40 | 0.18% | 0.18% |
| NITORI HOLDINGS | 2,845 | JPY | 20,080 | 431,556.55 | 0.37% | 0.37% |
| NITTO | 5,784 | JPY | 8,210 | 358,726.26 | 0.31% | 0.30% |
| NOMURA | 106,866 | JPY | 566 | 457,170.13 | 0.39% | 0.39% |
| NOMURA REAL ESTATE | 141 | JPY | 175,600 | 187,040.37 | 0.16% | 0.16% |
| NOMURA REAL ESTATE | 4,900 | JPY | 2,789 | 103,237.23 | 0.09% | 0.09% |
| NOMURA RESEARCH | 12,397 | JPY | 3,615 | 338,545.18 | 0.29% | 0.29% |
| NP BUILDING FUND | 52 | JPY | 687,000 | 269,868.26 | 0.23% | 0.23% |
| NP PROLOGIS REIT | 80 | JPY | 347,500 | 210,008.33 | 0.18% | 0.18% |
| NSK | 13,500 | JPY | 939 | 95,761.53 | 0.08% | 0.08% |
| NTT DATA CORP | 22,800 | JPY | 1,719 | 296,075.49 | 0.25% | 0.25% |
| OBAYASHI | 26,100 | JPY | 889 | 175,280.66 | 0.15% | 0.15% |
| OBIC | 2,400 | JPY | 20,510 | 371,850.72 | 0.32% | 0.32% |
| ODAKYU ELECTRIC RWY | 9,500 | JPY | 2,798 | 200,799.69 | 0.17% | 0.17% |
| OJI PAPER | 34,000 | JPY | 642 | 164,894.31 | 0.14% | 0.14% |
| OLYMPUS CORP | 40,400 | JPY | 2,172 | 662,876.95 | 0.57% | 0.56% |
| OMRON | 6,700 | JPY | 8,850 | 447,929.64 | 0.38% | 0.38% |
| ONO PHARMACEUTICAL | 11,500 | JPY | 2,492 | 216,533.32 | 0.19% | 0.18% |
| ORACLE JAPAN | 1,600 | JPY | 8,400 | 101,529.21 | 0.09% | 0.09% |
| ORIENTAL LAND | 7,180 | JPY | 15,840 | 859,154.66 | 0.74% | 0.73% |
| ORIX | 45,000 | JPY | 1,870 | 635,520.72 | 0.54% | 0.54% |
| ORIX JREIT | 85 | JPY | 211,200 | 135,614.01 | 0.12% | 0.11% |
| OSAKA GAS | 13,100 | JPY | 2,042 | 202,077.87 | 0.17% | 0.17% |
| OTSUKA CORP | 4,300 | JPY | 5,680 | 184,505.16 | 0.16% | 0.16% |
| OTSUKA HOLDINGS CO | 14,000 | JPY | 4,612 | 487,763.24 | 0.42% | 0.41% |
| PANASONIC CORP | 77,402 | JPY | 1,280 | 748,434.64 | 0.64% | 0.63% |
| PAN PACIFIC INTL | 14,100 | JPY | 2,330 | 248,179.99 | 0.21% | 0.21% |
| PEPTIDREAM INC | 3,600 | JPY | 5,380 | 146,310.84 | 0.13% | 0.12% |
| PERSOL HOLDINGS CO | 6,700 | JPY | 2,225 | 112,615.08 | 0.10% | 0.10% |
| PIGEON CORP | 3,500 | JPY | 3,145 | 83,153.48 | 0.07% | 0.07% |
| POLA ORBIS HOLDINGS | 3,600 | JPY | 2,945 | 80,090.23 | 0.07% | 0.07% |
| RAKUTEN GROUP INC | 31,300 | JPY | 1,250 | 295,560.29 | 0.25% | 0.25% |
| RECRUIT HLDG | 48,545 | JPY | 5,501 | 2,017,334.34 | 1.73% | 1.71% |
| RENESAS ELECT CORP | 43,000 | JPY | 1,177 | 382,328.48 | 0.33% | 0.32% |
| RESONA HOLDINGS NEW | 79,500 | JPY | 430 | 258,122.15 | 0.22% | 0.22% |
| RICOH | 25,700 | JPY | 1,264 | 245,398.51 | 0.21% | 0.21% |
| RINNAI CORP | 1,100 | JPY | 10,680 | 88,747.41 | 0.08% | 0.08% |
| ROHM | 3,200 | JPY | 10,190 | 246,329.20 | 0.21% | 0.21% |
| RYOHIN KEIKAKU | 8,900 | JPY | 2,314 | 155,576.89 | 0.13% | 0.13% |
| SANTEN PHARMA CO | 11,850 | JPY | 1,512 | 135,351.13 | 0.12% | 0.11% |
| SBI HOLDINGS | 8,720 | JPY | 2,626 | 172,982.81 | 0.15% | 0.15% |
| SCSK CORP | 2,000 | JPY | 6,500 | 98,205.34 | 0.08% | 0.08% |
| SECOM | 7,600 | JPY | 8,469 | 486,225.19 | 0.42% | 0.41% |
| SEIKO EPSON CORP | 10,400 | JPY | 1,941 | 152,493.24 | 0.13% | 0.13% |
| SEKISUI CHEMICAL | 13,000 | JPY | 1,901 | 186,688.34 | 0.16% | 0.16% |
| SEKISUI HOUSE | 22,547 | JPY | 2,257 | 384,425.38 | 0.33% | 0.33% |
| SEVEN-I HOLDINGS | 27,000 | JPY | 5,217 | 1,064,085.02 | 0.91% | 0.90% |
| SG HOLDINGS CO. LTD. | 11,900 | JPY | 2,901 | 260,787.29 | 0.22% | 0.22% |
| SHARP CORPORATION | 8,300 | JPY | 1,809 | 113,424.90 | 0.10% | 0.10% |
| SHIMADZU | 8,100 | JPY | 4,240 | 259,443.39 | 0.22% | 0.22% |
| SHIMANO | 2,578 | JPY | 26,600 | 518,031.63 | 0.44% | 0.44% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| SHIMIZU | 17,500 | JPY | 856 | 113,162.76 |  | 0.10% | 0.10% |
| SHIN ETSU | 12,515 | JPY | 18,825 | 1,779,744.13 | 1.52% | 1.51% |
| SHIONOGI | 9,700 | JPY | 5,762 | 422,217.98 | 0.36% | 0.36% |
| SHISEIDO | 14,300 | JPY | 8,200 | 885,812.12 | 0.76% | 0.75% |
| SHIZUOKA | 16,000 | JPY | 855 | 103,342.23 | 0.09% | 0.09% |
| SMC | 2,050 | JPY | 65,240 | 1,010,321.38 | 0.86% | 0.86% |
| SOFTBANK | 104,000 | JPY | 1,449 | 1,138,396.25 | 0.97% | 0.96% |
| SOFTBANK GROUP CORP | 44,498 | JPY | 7,726 | 2,597,089.56 | 2.22% | 2.20% |
| SOHGO SECURITY SERV | 2,800 | JPY | 5,060 | 107,028.71 | 0.09% | 0.09% |
| SOMPO HOLDINGS INC | 10,800 | JPY | 4,183 | 341,274.12 | 0.29% | 0.29% |
| SONY GROUP CORP | 44,929 | JPY | 10,940 | 3,713,092.81 | 3.18% | 3.15% |
| SQUARE ENIX CO LTD | 2,600 | JPY | 5,350 | 105,079.71 | 0.09% | 0.09% |
| STANLEY ELEC CO | 5,100 | JPY | 3,235 | 124,633.90 | 0.11% | 0.11% |
| S TOMO MITSUI | 46,700 | JPY | 3,839 | 1,354,336.94 | 1.16% | 1.15% |
| SUBARU CORP | 21,200 | JPY | 2,176 | 348,567.00 | 0.30% | 0.30% |
| SUMCO | 10,000 | JPY | 2,662 | 201,094.31 | 0.17% | 0.17% |
| SUMITOMO CHEMICAL | 52,300 | JPY | 586 | 231,521.34 | 0.20% | 0.20% |
| SUMITOMO ELECTRIC | 27,228 | JPY | 1,641 | 337,532.86 | 0.29% | 0.29% |
| SUMITOMO METAL | 8,600 | JPY | 4,346 | 282,344.87 | 0.24% | 0.24% |
| SUMITOMO MITSUI T H | 11,369 | JPY | 3,548 | 304,717.65 | 0.26% | 0.26% |
| SUMITOMO REALTY | 10,700 | JPY | 3,923 | 317,098.23 | 0.27% | 0.27% |
| SUMITOMO SHOJI | 40,500 | JPY | 1,478 | 452,190.24 | 0.39% | 0.38% |
| SUNTORY BF | 6,500 | JPY | 4,230 | 207,704.28 | 0.18% | 0.18% |
| SUZUKI | 13,651 | JPY | 4,683 | 482,925.74 | 0.41% | 0.41% |
| SYSMEX CORP | 6,100 | JPY | 12,870 | 593,062.02 | 0.51% | 0.50% |
| TAISEI | 6,700 | JPY | 3,640 | 184,233.21 | 0.16% | 0.16% |
| TAISHO PHARMACEUTIC | 1,560 | JPY | 6,030 | 71,061.38 | 0.06% | 0.06% |
| TAKEDA PHARMA | 55,900 | JPY | 3,738 | 1,578,493.64 | 1.35% | 1.34% |
| T D HOLDINGS INC | 17,400 | JPY | 1,427 | 187,570.68 | 0.16% | 0.16% |
| TDK | 4,400 | JPY | 13,430 | 446,396.13 | 0.38% | 0.38% |
| TERUMO CORP | 22,600 | JPY | 4,433 | 756,829.24 | 0.65% | 0.64% |
| THK | 4,500 | JPY | 3,310 | 112,520.65 | 0.10% | 0.10% |
| TOBU RAILWAY | 6,200 | JPY | 2,861 | 133,998.91 | 0.11% | 0.11% |
| TOHO CO | 3,500 | JPY | 4,580 | 121,094.73 | 0.10% | 0.10% |
| TOHO GAS | 2,840 | JPY | 5,500 | 117,997.49 | 0.10% | 0.10% |
| TOHOKU | 16,700 | JPY | 870 | 109,755.79 | 0.09% | 0.09% |
| TOKIO MARINE HLD LTD | 22,100 | JPY | 5,113 | 853,610.59 | 0.73% | 0.72% |
| TOKYO CENTURY CORP | 900 | JPY | 5,990 | 40,725.00 | 0.03% | 0.03% |
| TOKYO ELECTRIC | 50,000 | JPY | 327 | 123,512.09 | 0.11% | 0.10% |
| TOKYO ELECTRON | 5,250 | JPY | 47,940 | 1,901,293.06 | 1.63% | 1.61% |
| TOKYO GAS RG | 12,200 | JPY | 2,088 | 192,388.03 | 0.16% | 0.16% |
| TOKYU CORP | 19,500 | JPY | 1,516 | 223,318.93 | 0.19% | 0.19% |
| TOPPAN INC. | 8,900 | JPY | 1,793 | 120,548.56 | 0.10% | 0.10% |
| TORAY | 50,000 | JPY | 743 | 280,716.17 | 0.24% | 0.24% |
| TOSHIBA CORP | 14,780 | JPY | 4,940 | 551,560.45 | 0.47% | 0.47% |
| TOSOH CORP | 9,300 | JPY | 1,920 | 134,888.81 | 0.12% | 0.11% |
| TOTO LTD | 4,900 | JPY | 5,800 | 214,691.97 | 0.18% | 0.18% |
| TOYO SUISAN KAISHA | 4,400 | JPY | 4,270 | 141,929.37 | 0.12% | 0.12% |
| TOYOTA INDUSTRIES | 5,200 | JPY | 9,590 | 376,715.67 | 0.32% | 0.32% |
| TOYOTA MOTOR | 75,688 | JPY | 9,690 | 5,540,418.07 | 4.74% | 4.69% |
| TOYOTA TSUSHO | 7,400 | JPY | 5,200 | 290,687.79 | 0.25% | 0.25% |
| TREND MICRO | 4,600 | JPY | 5,740 | 199,462.59 | 0.17% | 0.17% |
| TSURUHA HOLDINGS | 1,300 | JPY | 13,430 | 131,889.77 | 0.11% | 0.11% |
| UNI CHARM | 13,700 | JPY | 4,465 | 462,097.65 | 0.40% | 0.39% |
| UNITED URBAN | 97 | JPY | 159,700 | 117,022.23 | 0.10% | 0.10% |
| USS | 8,400 | JPY | 1,924 | 122,088.87 | 0.10% | 0.10% |
| WELCIA HDG | 3,000 | JPY | 3,670 | 83,172.36 | 0.07% | 0.07% |
| WEST JAPAN RAILWAY | 5,900 | JPY | 6,352 | 283,109.36 | 0.24% | 0.24% |
| YAKULT | 5,000 | JPY | 6,270 | 236,825.94 | 0.20% | 0.20% |
| YAMADA HOLDINGS LTD | 28,000 | JPY | 515 | 108,932.38 | 0.09% | 0.09% |
| YAMAHA | 5,100 | JPY | 6,040 | 232,701.32 | 0.20% | 0.20% |
| YAMAHA MOTOR CO | 9,700 | JPY | 3,020 | 221,294.39 | 0.19% | 0.19% |
| YAMATO | 9,700 | JPY | 3,115 | 228,255.64 | 0.20% | 0.19% |
| YASKAWA ELEC | 8,500 | JPY | 5,430 | 348,666.71 | 0.30% | 0.30% |
| YOKOGAWA ELECTRIC | 7,800 | JPY | 1,640 | 96,634.05 | 0.08% | 0.08% |
| Z HOLDINGS CORP | 94,564 | JPY | 546 | 390,183.83 | 0.33% | 0.33% |
| ZOZO INC | 4,300 | JPY | 3,770 | 122,462.05 | 0.10% | 0.10% |
|  |  |  |  | 116,644,316.96 |  | 99.82% | 98.81% |
| Total - Shares |  |  |  | 116,644,316.96 | 99.82% | 98.81% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| UCI with variable number of shares | 240 |  | 118,600 |  |  |  |  |
| Shares |  |  |  |  |
| Non Directive 2009/65/CE - Non FSMA |  |  |  |  |
| JAPAN METROPOLITAN | JPY | 215,024.36 | 0.18% | 0.18% |
| Total - Non Directive 2009/65/CE - Non FSMA |  | 215,024.36 | 0.18% | 0.18% |
| Total - Shares |  | 215,024.36 | 0.18% | 0.18% |
| Total - UCI with variable number of shares |  | 215,024.36 | 0.18% | 0.18% |
| Total - Transferable securities admitted to an official stock exchange listing |  | 116,859,341.32 | 100.00% | 99.00% |
| Total - portfolio |  | 116,859,341.32 | 100.00% | 99.00% |
| Collatéral |  | 0.00 |  | 0.00% |
| Deposits and liquid assets |  |  |  |  |
| deposit and liquid assets |  |  |  |  |
| Banque Degroof Petercam | EUR | 66,255.34 |  | 0.06% |
| Intérêts sur CC Chg. | JPY | 0.09 |  | 0.00% |
| Banque Degroof Petercam | JPY | 801,312.45 |  | 0.68% |
| Total - deposit and liquid assets |  | 867,567.88 |  | 0.73% |
| Total - Deposits and liquid assets |  | 867,567.88 |  | 0.73% |
| Other receivables and other payables |  | 318,678.71 |  | 0.27% |
| Others |  | 0.00 |  | 0.00% |
| Total net assets |  | 118,045,587.91 |  | 100,00% |

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Translation (ENFR, 2021-06-30):
# COMPOSITION DES ACTIFS
| Dénomination | Quantité au 30 juin 2021 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs |  |  |  | 6.421.200,00 |  | 2,77% | 2,69% |
| Obligations et autres titres de créances |  |  |  |
| Emis(es) par état |  |  |  |
| Autriche |  |  |  |
| AUSTRIA 0,75 18-28 | 6.000.000 | EUR | 107,02 |
| Belgique |  |  |  | 6.421.200,00 |  | 2,77% | 2,69% |
| BELGIQUE 2,60 14-24 | 3.500.000 | EUR | 109,71 | 3.839.867,50 | 1,66% | 1,61% |
| Allemagne |  |  |  | 3.839.867,50 |  | 1,66% | 1,61% |
| GERMANY 0.10 12-23 | 3.300.000 | EUR | 102,78 | 3.739.025,18 | 1,61% | 1,57% |
| GERMANY 1,75 14-24 | 4.500.000 | EUR | 106,50 | 4.792.635,00 | 2,07% | 2,01% |
| Espagne |  |  |  | 8.531.660,18 |  | 3,68% | 3,57% |
| SPAIN 1,00 14-30 | 3.300.000 | EUR | 119,99 | 4.209.692,59 | 1,82% | 1,76% |
| SPAIN 1,40 18-28 | 7.300.000 | EUR | 109,49 | 7.992.551,00 | 3,45% | 3,35% |
| SPAIN 2,75 14-24 | 6.800.000 | EUR | 110,68 | 7.526.070,00 | 3,25% | 3,15% |
| SPAIN 4,40 13-23 | 8.200.000 | EUR | 111,52 | 9.144.968,00 | 3,95% | 3,83% |
| SPAIN 4,65 10-25 | 8.450.000 | EUR | 120,62 | 10.192.178,75 | 4,40% | 4,27% |
| SPAIN 5,75 01-32 | 2.300.000 | EUR | 156,80 | 3.606.434,50 | 1,56% | 1,51% |
| Finlande |  |  |  | 42.671.894,84 |  | 18,41% | 17,88% |
| FINLAND 0,75 15-31 | 1.000.000 | EUR | 107,78 | 1.077.765,00 | 0,47% | 0,45% |
| FINLAND 4,00 09-25 | 100.000 | EUR | 118,65 | 118.647,00 | 0,05% | 0,05% |
| FINLANDE 2,75 12-28 | 2.200.000 | EUR | 121,85 | 2.680.678,00 | 1,16% | 1,12% |
| France |  |  |  | 3.877.090,00 |  | 1,67% | 1,62% |
| FRANCE 0,00 18-29 | 1.000.000 | EUR | 100,58 | 1.005.775,00 | 0,43% | 0,42% |
| FRANCE OAT 3,5 10-26 | 9.000.000 | EUR | 119,28 | 10.735.605,00 | 4,63% | 4,50% |
| FRA OAT 4,25 07-23 | 3.000.000 | EUR | 111,46 | 3.343.665,00 | 1,44% | 1,40% |
| Hongrie (République) |  |  |  | 15.085.045,00 |  | 6,51% | 6,32% |
| HUNGARY 0,50 20-30 | 1.000.000 | EUR | 98,22 | 982.180,00 | 0,42% | 0,41% |
| HUNGARY 1,25 18-25 | 6.900.000 | EUR | 105,56 | 7.283.398,50 | 3,14% | 3,05% |
| Irlande |  |  |  | 8.265.578,50 |  | 3,57% | 3,46% |
| IRELAND 1,10 19-29 | 1.000.000 | EUR | 109,25 | 1.092.515,00 | 0,47% | 0,46% |
| IRELAND 1,30 18-33 | 1.000.000 | EUR | 112,48 | 1.124.790,00 | 0,49% | 0,47% |
| IRISH 0,20 20-30 | 1.500.000 | EUR | 101,27 | 1.519.095,00 | 0,66% | 0,64% |
| IRISH TREA 1,0 16-26 | 5.000.000 | EUR | 106,89 | 5.344.625,00 | 2,31% | 2,24% |
| Italie |  |  |  | 9.081.025,00 |  | 3,92% | 3,81% |
| ITA BTP 5,25 98-29 | 1.550.000 | EUR | 138,07 | 2.140.023,00 | 0,92% | 0,90% |
| ITA BTP 9,00 93-23 | 7.175.000 | EUR | 121,72 | 8.733.768,75 | 3,77% | 3,66% |
| ITALY 0,40 16-24 | 1.700.000 | EUR | 103,20 | 1.767.242,21 | 0,76% | 0,74% |
| ITALY 0,95 16-23 | 8.500.000 | EUR | 102,28 | 8.693.885,00 | 3,75% | 3,64% |

| Dénomination | Quantité au 30 juin 2021 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| ITALY 1,35 19-30 | 3.000.000 | EUR | 105,95 | 3.178.605,00 |  | 1,37% | 1,33% |
| ITALY 1,60 16-26 | 7.000.000 | EUR | 107,31 | 7.511.945,00 | 3,24% | 3,15% |
| ITALY 2,95 18-38 | 5.700.000 | EUR | 123,98 | 7.066.717,50 | 3,05% | 2,96% |
| ITALY BTP 0,15 20-51 | 200.000 | EUR | 93,27 | 190.431,57 | 0,08% | 0,08% |
| ITALY BTP 1,50 15-25 | 6.500.000 | EUR | 106,16 | 6.900.107,50 | 2,98% | 2,89% |
| ITALY BTP 5,5 12-22 | 6.200.000 | EUR | 106,92 | 6.629.226,00 | 2,86% | 2,78% |
| ITALY BTPS FRN 16-28 | 4.300.000 | EUR | 113,97 | 5.210.627,61 | 2,25% | 2,18% |
| ITALY IL 2,60 07-23 | 375.000 | EUR | 109,21 | 497.779,62 | 0,21% | 0,21% |
| Luxembourg (Grand-Duché) |  |  |  | 58.520.358,76 |  | 25,25% | 24,52% |
| LUXEMBG 0,625 17-27 | 2.000.000 | EUR | 105,39 | 2.107.760,00 | 0,91% | 0,88% |
| Pays-Bas |  |  |  | 2.107.760,00 |  | 0,91% | 0,88% |
| NETHERL 0,25 19-29 | 3.000.000 | EUR | 104,15 | 3.124.500,00 | 1,35% | 1,31% |
| Portugal |  |  |  | 3.124.500,00 |  | 1,35% | 1,31% |
| PORTUGAL 0,475 20-30 | 1.500.000 | EUR | 101,98 | 1.529.767,50 | 0,66% | 0,64% |
| PORTUGAL 2,125 18-28 | 4.000.000 | EUR | 115,71 | 4.628.400,00 | 2,00% | 1,94% |
| PORTUGAL 2,875 16-26 | 1.500.000 | EUR | 116,32 | 1.744.770,00 | 0,75% | 0,73% |
| PORTUGAL 4,10 15-45 | 1.000.000 | EUR | 162,01 | 1.620.115,00 | 0,70% | 0,68% |
| PORTUGAL 5,65 13-24 | 3.000.000 | EUR | 116,48 | 3.494.535,00 | 1,51% | 1,46% |
| Roumanie |  |  |  | 13.017.587,50 |  | 5,62% | 5,45% |
| ROMANIA 1,375 20-29 | 300.000 | EUR | 99,93 | 299.797,50 | 0,13% | 0,13% |
| ROMANIA 2,00 19-26 | 2.500.000 | EUR | 107,82 | 2.695.487,50 | 1,16% | 1,13% |
| ROMANIA 2,00 20-32 | 5.300.000 | EUR | 101,35 | 5.371.576,50 | 2,32% | 2,25% |
| ROMANIA 3,50 19-34 | 3.000.000 | EUR | 114,27 | 3.428.220,00 | 1,48% | 1,44% |
| Slovénie (République) |  |  |  | 11.795.081,50 |  | 5,09% | 4,94% |
| SLOVENIA 0,00 21-31 | 600.000 | EUR | 99,14 | 594.828,00 | 0,26% | 0,25% |
| SLOVENIA 0,125 21-31 | 1.100.000 | EUR | 99,94 | 1.099.340,00 | 0,47% | 0,46% |
| SLOVENIA 0,875 20-30 | 1.000.000 | EUR | 107,63 | 1.076.290,00 | 0,46% | 0,45% |
| SLOVENIA 1,00 18-28 | 500.000 | EUR | 108,24 | 541.177,50 | 0,23% | 0,23% |
|  |  |  |  | 3.311.635,50 |  | 1,43% | 1,39% |
| Total - Emis(es) par état |  |  |  | 189.650.284,28 | 81,84% | 79,47% |
| Emis(es) par un établissement de crédit |  |  |  |  |  |  |
| Belgique |  |  |  |  |  |  |
| BNPPB 0,50 17-24 | 3.000.000 | EUR | 102,89 | 3.086.775,00 | 1,33% | 1,29% |
| Slovaquie (République slovaque) |  |  |  | 3.086.775,00 |  | 1,33% | 1,29% |
| VUBSK 0,375 17-22 | 3.500.000 | EUR | 100,75 | 3.526.215,00 | 1,52% | 1,48% |
|  |  |  |  | 3.526.215,00 |  | 1,52% | 1,48% |
| Total - Emis(es) par un établissement de crédit |  |  |  | 6.612.990,00 | 2,85% | 2,77% |
| Emis(es) par une institution internationale |  |  |  |  |  |  |
| Luxembourg (Grand-Duché) |  |  |  |  |  |  |
| EIB 0,00 16-24 | 1.000.000 | EUR | 101,50 | 1.014.995,00 | 0,44% | 0,43% |
| ESM 0,10 18-23 | 1.700.000 | EUR | 101,34 | 1.722.797,00 | 0,74% | 0,72% |
| ESM 0,125 16-24 | 2.500.000 | EUR | 101,78 | 2.544.500,00 | 1,10% | 1,07% |
| EUROP UN 0,00 21-31 | 1.000.000 | EUR | 99,84 | 998.445,00 | 0,43% | 0,42% |
|  |  |  |  | 6.280.737,00 |  | 2,71% | 2,63% |

| Dénomination | Quantité au 30 juin 2021 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Total - Emis(es) par une institution internationale |  |  |  | 6.280.737,00 |  | 2,71% | 2,63% |
| Obligation du Secteur Public |  |  |  |  |  |  |
| Belgique |  |  |  |  |  |  |
| FLEMISH 0,375 16-26 | 2.800.000 | EUR | 103,07 | 2.885.904,00 | 1,25% | 1,21% |
| FLEMISH 1,341 15-25 | 4.000.000 | EUR | 106,57 | 4.262.920,00 | 1,84% | 1,79% |
| Allemagne |  |  |  | 7.148.824,00 |  | 3,08% | 3,00% |
| KFW 0,50 18-26 | 1.000.000 | EUR | 104,62 | 1.046.195,00 | 0,45% | 0,44% |
|  |  |  |  | 1.046.195,00 |  | 0,45% | 0,44% |
| Total - Obligation du Secteur Public |  |  |  | 8.195.019,00 | 3,54% | 3,43% |
| Emis(es) par une entreprise privée |  |  |  |  |  |  |
| Belgique |  |  |  |  |  |  |
| FLEMISH 0,854 15-22 | 3.000.000 | EUR | 101,29 | 3.038.700,00 | 1,31% | 1,27% |
| Espagne |  |  |  | 3.038.700,00 |  | 1,31% | 1,27% |
| ICO 0,00 21-27 | 2.500.000 | EUR | 100,50 | 2.512.500,00 | 1,08% | 1,05% |
| Pays-Bas |  |  |  | 2.512.500,00 |  | 1,08% | 1,05% |
| BNG 0,25 15-25 | 2.000.000 | EUR | 102,54 | 2.050.850,00 | 0,88% | 0,86% |
| BNG 0,75 18-28 | 2.000.000 | EUR | 106,21 | 2.124.290,00 | 0,92% | 0,89% |
| BNG 1,125 14-24 | 2.000.000 | EUR | 105,07 | 2.101.380,00 | 0,91% | 0,88% |
|  |  |  |  | 6.276.520,00 |  | 2,71% | 2,63% |
| Total - Emis(es) par une entreprise privée |  |  |  | 11.827.720,00 | 5,10% | 4,96% |
| Total - Obligations et autres titres de créances |  |  |  | 222.566.750,28 | 96,04% | 93,26% |
| Instruments du marché monétaire |  |  |  |  |  |  |
| AUSTRIA 3,65 11-22 | 3.000.000 | EUR | 103,46 | 3.103.890,00 | 1,34% | 1,30% |
| ING BANK 3,375 12-22 | 1.000.000 | EUR | 102,07 | 1.020.700,00 | 0,44% | 0,43% |
| ITALY 3,75 06-21 | 1.000.000 | EUR | 100,36 | 1.003.620,00 | 0,43% | 0,42% |
| ITALY BTP 1,20 17-22 | 4.000.000 | EUR | 101,28 | 4.051.060,00 | 1,75% | 1,70% |
| Total - Instruments du marché monétaire |  |  |  | 9.179.270,00 | 3,96% | 3,85% |
| Total - Valeurs mobilières admises à la cote officielle d'une bourse de valeurs |  |  |  | 231.746.020,28 | 100,00% | 97,11% |
| Total - portefeuille |  |  |  | 231.746.020,28 | 100,00% | 97,11% |
| Collatéral |  |  |  | 0,00 |  | 0,00% |
| Dépôts et Liquidités |  |  |  |  |  |  |
| Avoirs bancaires à vue |  |  |  |  |  |  |
| Banque Degroof Petercam |  | EUR |  | 5.801.670,92 |  | 2,43% |
| Total - Avoirs bancaires à vue |  |  |  | 5.801.670,92 |  | 2,43% |
| Total - Dépôts et Liquidités |  |  |  | 5.801.670,92 |  | 2,43% |
| Créances et dettes diverses |  |  |  | -1.000.669,38 |  | -0,42% |
| Autres |  |  |  | 2.102.370,87 |  | 0,88% |
| Actif Net Total |  |  |  | 238.649.392,69 |  | 100,00% |

-