# Jupiter Flexible Income
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 |
| AUD | 90,643 | EUR | 58,625 | 15/04/2021 | J.P. Morgan | 194 | – |
| CAD | 1,942,860 | EUR | 1,308,064 | 28/05/2021 | HSBC | 4,257 | – |
| EUR | 616 | AUD | 948 | 15/04/2021 | J.P. Morgan | 1 | – |
| GBP | 1,336,871 | EUR | 1,558,572 | 15/04/2021 | J.P. Morgan | 9,060 | 0.01 |
| NOK | 72,000,000 | SEK | 72,134,856 | 30/04/2021 | HSBC | 153,789 | 0.16 |
| SGD | 85,499 | EUR | 53,351 | 15/04/2021 | J.P. Morgan | 817 | – |
| USD | 737,285 | EUR | 619,748 | 15/04/2021 | J.P. Morgan | 8,412 | 0.01 |
| USD | 400,000 | EUR | 339,429 | 30/04/2021 | J.P. Morgan | 1,260 | – |
| USD | 8,563,241 | EUR | 7,264,090 | 28/05/2021 | HSBC | 24,933 | 0.03 |
| USD | 442,367 | EUR | 376,529 | 28/05/2021 | J.P. Morgan | 13 | – |
| Total Unrealised Gain on Forward Currency Exchange Contracts - Assets	202,736	0.21 |
| CZK | 122,000,000 | HUF | 1,698,987,006 | 28/05/2021 | HSBC | (5,160) | (0.01) |
| EUR | 1,259 | AUD | 1,951 | 15/04/2021 | J.P. Morgan | (7) | – |
| EUR | 54,622 | GBP | 46,893 | 15/04/2021 | J.P. Morgan | (365) | – |
| EUR | 20,872,930 | GBP | 17,823,081 | 28/05/2021 | HSBC | (10,063) | (0.01) |
| EUR | 1,702 | SGD | 2,718 | 15/04/2021 | J.P. Morgan | (20) | – |
| EUR | 19,936 | USD | 23,659 | 15/04/2021 | J.P. Morgan | (221) | – |
| EUR | 22,764,097 | USD | 26,835,355 | 28/05/2021 | HSBC | (78,133) | (0.08) |
| USD | 8,149 | EUR | 6,947 | 15/04/2021 | J.P. Morgan | (4) | – |
| USD | 11,060,128 | ZAR | 167,250,000 | 28/05/2021 | HSBC | (124,566) | (0.13) |
| Total Unrealised Loss on Forward Currency Exchange Contracts - Liabilities |  | (218,539) | (0.23) |
| Net Unrealised Loss on Forward Currency Exchange Contracts - Liabilities |  | (15,803) | (0.02) |
|  |  |  |  |
| Option Purchased Contracts |  |  |  |
|  |  | Market Value | % of |
| Quantity	Security Description	Currency | Counterparty | EUR | Net Assets |
| 2,000	EURO STOXX 50 Index, Call, 3,975.000, 16/04/2021	EUR | UBS | 340,000 | 0.36 |
| 100	S&P 500 Index, Call, 4,000.000, 16/04/2021	USD | UBS | 232,211 | 0.24 |
| Total Market Value on Option Purchased Contracts - Assets |  | 572,211 | 0.60 |
| The accompanying notes form an integral part of these financial statements. |  |  |  |

| Jupiter Flexible Macro |  |
| --- | --- |
| Schedule of Investments as at 31 March 2021 |  |  |  |  |
|  |  | Quantity/ Nominal | Market Value | % of |
| Investments | Currency | Value | EUR | Net Assets |
| Transferable securities and money market instruments admitted to an official exchange listing |  |  |  |  |
| Bonds |  |  |  |  |
| Australia |  |  |  |  |
| Australia Government Bond, Reg. S 0.5% 21/09/2026 | AUD | 1,100,000 | 699,065 | 4.68 |
|  |  |  | 699,065 | 4.68 |
| France |  |  |  |  |
| France Government Bond OAT, Reg. S 0% 25/03/2023 | EUR | 730,000 | 739,656 | 4.95 |
| France Treasury Bill BTF, Reg. S 0% 28/07/2021 | EUR | 350,000 | 350,724 | 2.35 |
|  |  |  | 1,090,380 | 7.30 |
| Greece |  |  |  |  |
| Greece Government Bond, Reg. S, 144A 1.5% 18/06/2030 | EUR | 570,000 | 609,107 | 4.07 |
|  |  |  | 609,107 | 4.07 |
| Total Bonds |  |  | 2,398,552 | 16.05 |
| Equities |  |  |  |  |
| Austria |  |  |  |  |
| OMV AG | EUR | 1,814 | 78,837 | 0.53 |
| Verbund AG | EUR | 1,109 | 69,340 | 0.46 |
|  |  |  | 148,177 | 0.99 |
| Bermuda |  |  |  |  |
| Marvell Technology Group Ltd. | USD | 1,160 | 46,845 | 0.31 |
|  |  |  | 46,845 | 0.31 |
| Brazil |  |  |  |  |
| Ambev SA | BRL | 10,844 | 24,929 | 0.17 |
| Lojas Renner SA | BRL | 3,667 | 23,769 | 0.16 |
| Vale SA, ADR | USD | 3,366 | 48,805 | 0.32 |
|  |  |  | 97,503 | 0.65 |
| Cayman Islands |  |  |  |  |
| Alibaba Group Holding Ltd., ADR | USD | 166 | 32,427 | 0.22 |
| China Education Group Holdings Ltd., Reg. S | HKD | 16,000 | 24,220 | 0.16 |
| China Yuhua Education Corp. Ltd., Reg. S | HKD | 38,000 | 25,325 | 0.17 |
| ESR Cayman Ltd., Reg. S | HKD | 10,800 | 30,099 | 0.20 |
| New Oriental Education & Technology Group, Inc., ADR | USD | 1,847 | 22,295 | 0.15 |
| TAL Education Group, ADR | USD | 458 | 20,855 | 0.14 |
| Tencent Holdings Ltd. | HKD | 900 | 60,227 | 0.40 |
| Wynn Macau Ltd. | HKD | 19,200 | 31,843 | 0.22 |
|  |  |  | 247,291 | 1.66 |
| China |  |  |  |  |
| Ping An Insurance Group Co. of China Ltd. 'H' | HKD | 3,000 | 30,443 | 0.20 |
|  |  |  | 30,443 | 0.20 |
| Curacao |  |  |  |  |
| Schlumberger NV | USD | 3,140 | 72,834 | 0.49 |
|  |  |  | 72,834 | 0.49 |
| Denmark |  |  |  |  |
| AP Moller - Maersk A/S 'B' | DKK | 22 | 44,207 | 0.30 |
| Orsted A/S, Reg. S | DKK | 297 | 40,911 | 0.27 |
| Vestas Wind Systems A/S | DKK | 257 | 44,825 | 0.30 |
|  |  |  | 129,943 | 0.87 |

| Jupiter Flexible Macro |  |  |  |  |
| --- | --- | --- | --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
|  |  | Quantity/ Nominal | Market Value | % of |
| Investments | Currency | Value | EUR | Net Assets |
| Transferable securities and money market instruments admitted to an official exchange listing |  |  |  |  |
| Equities |  |  |  |  |
| Finland |  |  |  |  |
| Fortum OYJ | EUR | 3,533 | 80,199 | 0.54 |
| Metsa Board OYJ | EUR | 4,396 | 41,136 | 0.27 |
|  |  |  | 121,335 | 0.81 |
| France |  |  |  |  |
| Air Liquide SA | EUR | 256 | 35,821 | 0.24 |
| Cie de Saint-Gobain | EUR | 671 | 34,241 | 0.23 |
| L'Oreal SA | EUR | 78 | 25,502 | 0.17 |
| LVMH Moet Hennessy Louis Vuitton SE | EUR | 91 | 51,483 | 0.34 |
| Schneider Electric SE | EUR | 228 | 29,577 | 0.20 |
| Teleperformance | EUR | 103 | 32,121 | 0.22 |
| TOTAL SE | EUR | 1,809 | 71,731 | 0.48 |
| Veolia Environnement SA | EUR | 1,166 | 25,705 | 0.17 |
|  |  |  | 306,181 | 2.05 |
| Germany |  |  |  |  |
| Deutsche Post AG | EUR | 732 | 34,236 | 0.23 |
| Infineon Technologies AG | EUR | 1,358 | 48,718 | 0.33 |
| Merck KGaA | EUR | 240 | 35,262 | 0.23 |
| RWE AG | EUR | 1,079 | 35,472 | 0.24 |
| Sartorius AG | EUR | 69 | 25,288 | 0.17 |
| Volkswagen AG Preference | EUR | 140 | 33,600 | 0.22 |
|  |  |  | 212,576 | 1.42 |
| Hong Kong |  |  |  |  |
| AIA Group Ltd. | HKD | 2,800 | 28,950 | 0.19 |
|  |  |  | 28,950 | 0.19 |
| Indonesia |  |  |  |  |
| Bank Rakyat Indonesia Persero Tbk. PT | IDR | 109,100 | 28,131 | 0.19 |
|  |  |  | 28,131 | 0.19 |
| Ireland |  |  |  |  |
| Eaton Corp. plc | USD | 258 | 30,717 | 0.21 |
| Johnson Controls International plc | USD | 1,221 | 63,193 | 0.42 |
| Kingspan Group plc | EUR | 356 | 25,855 | 0.17 |
| Linde plc | USD | 156 | 37,130 | 0.25 |
| Medtronic plc | USD | 456 | 46,187 | 0.31 |
| Trane Technologies plc | USD | 415 | 59,064 | 0.40 |
|  |  |  | 262,146 | 1.76 |
| Italy |  |  |  |  |
| Enel SpA | EUR | 5,721 | 48,377 | 0.33 |
| FinecoBank Banca Fineco SpA | EUR | 3,653 | 51,087 | 0.34 |
| Telecom Italia SpA | EUR | 70,535 | 32,837 | 0.22 |
|  |  |  | 132,301 | 0.89 |
| The accompanying notes form an integral part of these financial statements. |  |  |  |  |

| Jupiter Flexible Macro |  |  |  |  |
| --- | --- | --- | --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
|  |  | Quantity/ Nominal | Market Value | % of |
| Investments | Currency | Value | EUR | Net Assets |
| Transferable securities and money market instruments admitted to an official exchange listing |  |  |  |  |
| Equities |  |  |  |  |
| Japan |  |  |  |  |
| Daifuku Co. Ltd. | JPY | 400 | 33,403 | 0.22 |
| ITOCHU Corp. | JPY | 2,100 | 57,923 | 0.39 |
| Keyence Corp. | JPY | 100 | 38,732 | 0.26 |
| Marubeni Corp. | JPY | 9,600 | 68,130 | 0.46 |
| Mitsubishi Corp. | JPY | 2,100 | 50,646 | 0.34 |
| Mitsui & Co. Ltd. | JPY | 3,000 | 53,207 | 0.36 |
| Omron Corp. | JPY | 500 | 33,284 | 0.22 |
| Tokyo Electron Ltd. | JPY | 200 | 72,012 | 0.48 |
| Toyota Tsusho Corp. | JPY | 1,900 | 67,995 | 0.45 |
|  |  |  | 475,332 | 3.18 |
| Jersey |  |  |  |  |
| Digital 9 Infrastructure plc | GBP | 250,000 | 295,399 | 1.97 |
| Glencore plc | GBP | 13,743 | 45,907 | 0.31 |
|  |  |  | 341,306 | 2.28 |
| Mexico |  |  |  |  |
| Wal-Mart de Mexico SAB de CV | MXN | 5,332 | 14,638 | 0.10 |
|  |  |  | 14,638 | 0.10 |
| Netherlands |  |  |  |  |
| Akzo Nobel NV | EUR | 261 | 25,006 | 0.17 |
| Alfen Beheer BV, Reg. S | EUR | 316 | 22,341 | 0.15 |
| ASML Holding NV | EUR | 114 | 59,103 | 0.40 |
| NXP Semiconductors NV | USD | 356 | 60,029 | 0.40 |
| Signify NV, Reg. S | EUR | 846 | 38,066 | 0.25 |
|  |  |  | 204,545 | 1.37 |
| Norway |  |  |  |  |
| NEL ASA | NOK | 18,598 | 46,963 | 0.32 |
|  |  |  | 46,963 | 0.32 |
| Poland |  |  |  |  |
| KGHM Polska Miedz SA | PLN | 976 | 38,909 | 0.26 |
|  |  |  | 38,909 | 0.26 |
| Russia |  |  |  |  |
| Sberbank of Russia PJSC, ADR | USD | 2,118 | 27,890 | 0.19 |
|  |  |  | 27,890 | 0.19 |
| South Korea |  |  |  |  |
| Samsung Electronics Co. Ltd. Preference | KRW | 995 | 54,860 | 0.37 |
| SK Hynix, Inc. | KRW | 548 | 54,701 | 0.36 |
|  |  |  | 109,561 | 0.73 |
| Spain |  |  |  |  |
| CaixaBank SA | EUR | 17,382 | 46,558 | 0.31 |
| EDP Renovaveis SA | EUR | 2,289 | 42,049 | 0.28 |
| Iberdrola SA | EUR | 3,157 | 34,561 | 0.23 |
|  |  |  | 123,168 | 0.82 |

| Jupiter Flexible Macro |  |  |  |  |
| --- | --- | --- | --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
|  |  | Quantity/ Nominal | Market Value | % of |
| Investments | Currency | Value | EUR | Net Assets |
| Transferable securities and money market instruments admitted to an official exchange listing |  |  |  |  |
| Equities |  |  |  |  |
| Sweden |  |  |  |  |
| Boliden AB | SEK | 1,335 | 42,540 | 0.28 |
| Lundin Energy AB | SEK | 2,721 | 73,025 | 0.49 |
|  |  |  | 115,565 | 0.77 |
| Switzerland |  |  |  |  |
| ABB Ltd. | CHF | 1,101 | 28,566 | 0.19 |
| Partners Group Holding AG | CHF | 43 | 46,904 | 0.32 |
| Sonova Holding AG | CHF | 92 | 20,943 | 0.14 |
| UBS Group AG | CHF | 4,575 | 61,189 | 0.41 |
|  |  |  | 157,602 | 1.06 |
| Taiwan |  |  |  |  |
| Taiwan Semiconductor Manufacturing Co. Ltd., ADR | USD | 1,109 | 108,793 | 0.73 |
|  |  |  | 108,793 | 0.73 |
| United Kingdom |  |  |  |  |
| Anglo American plc | GBP | 1,388 | 46,324 | 0.31 |
| Antofagasta plc | GBP | 2,405 | 47,900 | 0.32 |
| AstraZeneca plc | GBP | 389 | 33,103 | 0.22 |
| BHP Group plc | GBP | 1,686 | 41,465 | 0.28 |
| Drax Group plc | GBP | 10,722 | 53,003 | 0.35 |
| Reckitt Benckiser Group plc | GBP | 439 | 33,600 | 0.23 |
|  |  |  | 255,395 | 1.71 |
| United States of America |  |  |  |  |
| Adobe, Inc. | USD | 86 | 34,129 | 0.23 |
| Advanced Micro Devices, Inc. | USD | 578 | 37,441 | 0.25 |
| AGCO Corp. | USD | 482 | 58,959 | 0.40 |
| Alcoa Corp. | USD | 2,184 | 61,370 | 0.41 |
| Ally Financial, Inc. | USD | 2,094 | 82,074 | 0.55 |
| Alphabet, Inc. 'A' | USD | 19 | 33,155 | 0.22 |
| Amazon.com, Inc. | USD | 15 | 39,055 | 0.26 |
| American Eagle Outfitters, Inc. | USD | 1,018 | 25,300 | 0.17 |
| American International Group, Inc. | USD | 1,022 | 41,241 | 0.28 |
| Apple, Inc. | USD | 506 | 51,732 | 0.35 |
| Applied Materials, Inc. | USD | 496 | 53,613 | 0.36 |
| AutoNation, Inc. | USD | 370 | 29,899 | 0.20 |
| Bank of America Corp. | USD | 814 | 27,049 | 0.18 |
| Boeing Co. (The) | USD | 117 | 25,133 | 0.17 |
| Bristol-Myers Squibb Co. | USD | 869 | 46,879 | 0.31 |
| Broadcom, Inc. | USD | 126 | 49,055 | 0.33 |
| Burlington Stores, Inc. | USD | 101 | 26,212 | 0.18 |
| Carrier Global Corp. | USD | 1,554 | 56,115 | 0.38 |
| Chevron Corp. | USD | 806 | 72,770 | 0.49 |
| Colgate-Palmolive Co. | USD | 406 | 27,465 | 0.18 |
| Comerica, Inc. | USD | 447 | 27,485 | 0.18 |
| ConocoPhillips | USD | 1,684 | 76,688 | 0.51 |
| Constellation Brands, Inc. 'A' | USD | 228 | 45,460 | 0.30 |
| The accompanying notes form an integral part of these financial statements. |  |  |  |  |

| Jupiter Flexible Macro |  |  |  |  |
| --- | --- | --- | --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
|  |  | Quantity/ Nominal | Market Value | % of |
| Investments | Currency | Value | EUR | Net Assets |
| Transferable securities and money market instruments admitted to an official exchange listing |  |  |  |  |
| Equities |  |  |  |  |
| United States of America (continued) |  |  |  |  |
| Costco Wholesale Corp. | USD | 121 | 36,064 | 0.24 |
| Delta Air Lines, Inc. | USD | 612 | 25,505 | 0.17 |
| Duke Energy Corp. | USD | 648 | 53,151 | 0.36 |
| Emerson Electric Co. | USD | 597 | 46,389 | 0.31 |
| Equinix, Inc., REIT | USD | 85 | 48,940 | 0.33 |
| Fidelity National Information Services, Inc. | USD | 333 | 40,451 | 0.27 |
| First Republic Bank | USD | 421 | 60,332 | 0.40 |
| Foot Locker, Inc. | USD | 532 | 25,979 | 0.17 |
| Freeport-McMoRan, Inc. | USD | 2,122 | 59,121 | 0.40 |
| Gap, Inc. (The) | USD | 975 | 25,021 | 0.17 |
| Helmerich & Payne, Inc. | USD | 2,020 | 47,260 | 0.32 |
| Hess Corp. | USD | 1,278 | 77,361 | 0.52 |
| Hilton Worldwide Holdings, Inc. | USD | 595 | 61,901 | 0.41 |
| Home Depot, Inc. (The) | USD | 152 | 39,518 | 0.27 |
| JPMorgan Chase & Co. | USD | 572 | 75,349 | 0.51 |
| KeyCorp | USD | 1,515 | 25,943 | 0.17 |
| L Brands, Inc. | USD | 512 | 27,465 | 0.18 |
| Lam Research Corp. | USD | 127 | 62,016 | 0.42 |
| Lowe's Cos., Inc. | USD | 249 | 40,338 | 0.27 |
| Marathon Petroleum Corp. | USD | 1,236 | 56,460 | 0.38 |
| Marriott International, Inc. 'A' | USD | 525 | 66,349 | 0.44 |
| McDonald's Corp. | USD | 241 | 46,215 | 0.31 |
| MDC Holdings, Inc. | USD | 1,234 | 61,532 | 0.41 |
| Merck & Co., Inc. | USD | 602 | 39,485 | 0.26 |
| Microchip Technology, Inc. | USD | 297 | 38,013 | 0.26 |
| Micron Technology, Inc. | USD | 795 | 58,749 | 0.39 |
| Microsoft Corp. | USD | 302 | 59,794 | 0.40 |
| Morgan Stanley | USD | 1,214 | 81,825 | 0.55 |
| Nucor Corp. | USD | 989 | 67,755 | 0.45 |
| NVIDIA Corp. | USD | 123 | 53,990 | 0.36 |
| NVR, Inc. | USD | 12 | 48,225 | 0.32 |
| Phillips 66 | USD | 452 | 31,705 | 0.21 |
| Pioneer Natural Resources Co. | USD | 520 | 71,185 | 0.48 |
| Procter & Gamble Co. (The) | USD | 232 | 26,795 | 0.18 |
| PulteGroup, Inc. | USD | 1,236 | 55,565 | 0.37 |
| QUALCOMM, Inc. | USD | 379 | 42,032 | 0.28 |
| Raytheon Technologies Corp. | USD | 388 | 25,745 | 0.17 |
| Sherwin-Williams Co. (The) | USD | 57 | 36,265 | 0.24 |
| Southwest Airlines Co. | USD | 1,071 | 56,557 | 0.38 |
| SVB Financial Group | USD | 57 | 23,857 | 0.16 |
| Teradyne, Inc. | USD | 353 | 34,909 | 0.23 |
| Tri Pointe Homes, Inc. | USD | 3,063 | 53,573 | 0.36 |

| Jupiter Flexible Macro |  |  |  |  |
| --- | --- | --- | --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
|  |  | Quantity/ | Market |  |
|  |  | Nominal | Value | % of |
| Investments | Currency | Value | EUR | Net Assets |
| Transferable securities and money market instruments |  |  |  |  |
| admitted to an official exchange listing |  |  |  |  |
| Equities |  |  |  |  |
| United States of America (continued) |  |  |  |  |
| Truist Financial Corp. | USD | 1,008 | 50,512 | 0.34 |
| Universal Display Corp. | USD | 262 | 51,130 | 0.34 |
| Valero Energy Corp. | USD | 488 | 29,860 | 0.20 |
| Visa, Inc. 'A' | USD | 280 | 50,592 | 0.34 |
| Wells Fargo & Co. | USD | 775 | 26,024 | 0.17 |
| Zions Bancorp NA | USD | 544 | 25,934 | 0.17 |
|  |  |  | 3,277,015 | 21.93 |
| Total Equities |  |  | 7,161,338 | 47.93 |
| Total Transferable securities and money market instruments admitted to an official exchange listing |  |  | 9,559,890 | 63.98 |
| Units of authorised UCITS or other collective |  |  |  |  |
| investment undertakings |  |  |  |  |
| Collective Investment Schemes - AIF |  |  |  |  |
| Canada |  |  |  |  |
| Sprott Physical Silver Trust | USD | 116,000 | 858,508 | 5.74 |
|  |  |  | 858,508 | 5.74 |
| Jersey |  |  |  |  |
| 3i Infrastructure plc | GBP | 170,000 | 588,159 | 3.94 |
|  |  |  | 588,159 | 3.94 |
| Total Collective Investment Schemes - AIF |  |  | 1,446,667 | 9.68 |
| Collective Investment Schemes - UCITS |  |  |  |  |
| Luxembourg |  |  |  |  |
| The Jupiter Global Fund Jupiter Global Emerging Markets	USD | 4,954 | 437,095 | 2.92 |
| The Jupiter Global Fund Jupiter Japan Select - Class I JPY Acc † | JPY | 6,641 | 694,408 | 4.65 |
|  |  |  | 1,131,503 | 7.57 |
| Total Collective Investment Schemes - UCITS |  |  | 1,131,503 | 7.57 |
| Exchange Traded Funds |  |  |  |  |
| Jersey |  |  |  |  |
| WisdomTree Agriculture, Reg. S | USD | 160,250 | 668,380 | 4.47 |
| WisdomTree Copper | USD | 20,989 | 639,060 | 4.28 |
|  |  |  | 1,307,440 | 8.75 |
| Total Exchange Traded Funds |  |  | 1,307,440 | 8.75 |
| Total Units of authorised UCITS or other collective investment undertakings | 3,885,610 | 26.00 |
| Total Investments | 13,445,500 | 89.98 |
| Cash | 1,380,166 | 9.24 |
| Other assets/(liabilities) | 117,302 | 0.78 |
| Total net assets | 14,942,968 | 100.00 |
| † Related Party Fund. |  |  |
| The accompanying notes form an integral part of these financial statements. |  |  |

Corporate Bond - Class I USD A Inc Dist
†
| Jupiter Flexible Macro |  |
| --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
| Financial Futures Contracts |  |  |  |  |
|  | Number of |  | Unrealised Gain/(Loss) | % of |
| Security Description | Contracts | Currency | EUR | Net Assets |
| Euro-BTP, 08/06/2021 | 10 | EUR | 4,714 | 0.03 |
| Euro-Buxl 30 Year Bond, 08/06/2021 | (9) | EUR | 6,177 | 0.04 |
| EURO STOXX 50 Index, 16/12/2022 | 15 | EUR | 35,175 | 0.24 |
| EURO STOXX Bank Index, 18/06/2021 | 113 | EUR | 5,678 | 0.04 |
| KOSPI 200 Index, 10/06/2021 | 13 | KRW | 443 | – |
| MSCI Emerging Markets Index, 18/06/2021 | (19) | USD | 13,003 | 0.09 |
| NASDAQ 100 Emini Index, 18/06/2021 | (5) | USD | 2,984 | 0.02 |
| Russell 2000 Emini Index, 18/06/2021 | (7) | USD | 20,744 | 0.14 |
| S&P 500 Emini Index, 18/06/2021 | (6) | USD | 1,796 | 0.01 |
| US 10 Year Note, 21/06/2021 | (42) | USD | 27,135 | 0.18 |
| Total Unrealised Gain on Financial Futures Contracts - Assets |  |  | 117,849 | 0.79 |
| CBOE Volatility Index, 19/05/2021 | 15 | USD | (46,947) | (0.31) |
| EURO STOXX 50 Index, 18/06/2021 | (39) | EUR | (27,990) | (0.19) |
| Foreign Exchange INR/USD, 28/04/2021 | 68 | USD | (8,134) | (0.06) |
| Foreign Exchange RUB/USD, 15/06/2021 | 54 | USD | (408) | – |
| MSCI Taiwan Index, 29/04/2021 | 5 | USD | (2,126) | (0.01) |
| SGX NIFTY 50 Index, 29/04/2021 | 30 | USD | (5,177) | (0.04) |
| Total Unrealised Loss on Financial Futures Contracts - Liabilities |  |  | (90,782) | (0.61) |
| Net Unrealised Gain on Financial Futures Contracts - Assets |  |  | 27,067 | 0.18 |
|  |  |  |  |  |
| Forward Currency Exchange Contracts |  |  |  |  |
| Currency | Amount | Currency | Amount | Maturity |  | Unrealised Gain/(Loss) | % of |
| Purchased | Purchased | Sold | Sold | Date | Counterparty | EUR | Net Assets |
| EUR | 76,225 | CHF | 84,275 | 28/05/2021 | HSBC | 55 | – |
| EUR | 230,113 | JPY | 29,752,381 | 28/05/2021 | HSBC | 1,154 | 0.01 |
| GBP | 12 | EUR | 14 | 06/04/2021 | J.P. Morgan | – | – |
| GBP | 1,745,705 | EUR | 2,035,496 | 15/04/2021 | J.P. Morgan | 11,540 | 0.08 |
| NOK | 11,300,000 | SEK | 11,321,165 | 30/04/2021 | HSBC | 24,136 | 0.16 |
| USD | 1,456,050 | EUR | 1,223,971 | 15/04/2021 | J.P. Morgan | 16,572 | 0.11 |
| Total Unrealised Gain on Forward Currency Exchange Contracts - Assets	53,457	0.36 |
| CZK | 19,500,000 | HUF | 271,559,399 | 28/05/2021 | HSBC | (825) | (0.01) |
| EUR | 705,754 | AUD | 1,090,000 | 28/05/2021 | HSBC | (1,016) | (0.01) |
| EUR | 56,577 | GBP | 48,662 | 15/04/2021 | J.P. Morgan | (485) | (0.01) |
| EUR | 662,522 | GBP | 565,718 | 28/05/2021 | HSBC | (319) | – |
| EUR | 34,085 | USD | 40,508 | 15/04/2021 | J.P. Morgan | (427) | – |
| EUR | 2,623,222 | USD | 3,092,374 | 28/05/2021 | HSBC | (9,004) | (0.06) |
| USD | 1,752,427 | ZAR | 26,500,000 | 28/05/2021 | HSBC | (19,737) | (0.13) |
| Total Unrealised Loss on Forward Currency Exchange Contracts - Liabilities | (31,813) | (0.22) |
| Net Unrealised Gain on Forward Currency Exchange Contracts - Assets | 21,644 | 0.14 |
| The accompanying notes form an integral part of these financial statements. |  |  |

| Jupiter Flexible Macro |  |
| --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
| Option Purchased Contracts |  |  |  |  |
|  |  |  | Market Value | % of |
| Quantity	Security Description | Currency | Counterparty | EUR | Net Assets |
| 100	EURO STOXX 50 Index, Call, 3,975.000, 16/04/2021 | EUR | UBS | 17,000 | 0.11 |
| 16	S&P 500 Index, Call, 4,000.000, 16/04/2021 | USD | UBS | 37,154 | 0.25 |
| Total Market Value on Option Purchased Contracts - Assets |  |  | 54,154 | 0.36 |
| The accompanying notes form an integral part of these financial statements. |  |  |  |  |

| Jupiter Global Convertibles |  |  |  |  |
| --- | --- | --- | --- | --- |
| Schedule of Investments as at 31 March 2021 |  |  |  |  |
|  |  | Quantity/ Nominal | Market Value | % of |
| Investments | Currency | Value | EUR | Net Assets |
| Transferable securities and money market instruments admitted to an official exchange listing |  |  |  |  |
| Convertible Bonds |  |  |  |  |
| Australia |  |  |  |  |
| Afterpay Ltd., Reg. S 0% 12/03/2026 | AUD | 3,000,000 | 1,719,203 | 0.38 |
|  |  |  | 1,719,203 | 0.38 |
| Belgium |  |  |  |  |
| Umicore SA, Reg. S 0% 23/06/2025 | EUR | 4,000,000 | 4,230,040 | 0.94 |
|  |  |  | 4,230,040 | 0.94 |
| Cayman Islands |  |  |  |  |
| Bosideng International Holdings Ltd., Reg. S 1% 17/12/2024 | USD | 3,500,000 | 2,934,811 | 0.65 |
| Cathay Pacific Finance III Ltd., Reg. S 2.75% 05/02/2026 | HKD | 26,000,000 | 3,157,762 | 0.70 |
| China Education Group Holdings Ltd., Reg. S 2% 28/03/2024 | HKD | 32,000,000 | 4,186,380 | 0.93 |
| ESR Cayman Ltd., Reg. S 1.5% 30/09/2025 | USD | 3,750,000 | 3,458,404 | 0.77 |
| Kingsoft Corp. Ltd., Reg. S 0.625% 29/04/2025 | HKD | 26,000,000 | 4,600,471 | 1.02 |
| Tequ Mayflower Ltd., Reg. S 0% 02/03/2026 | USD | 1,200,000 | 1,013,123 | 0.23 |
| Zhen Ding Technology Holding Ltd., Reg. S 0% 30/06/2025 | USD | 4,000,000 | 3,679,196 | 0.82 |
| Zhongsheng Group Holdings Ltd., Reg. S 0% 21/05/2025 | HKD | 33,000,000 | 5,014,540 | 1.11 |
|  |  |  | 28,044,687 | 6.23 |
| France |  |  |  |  |
| Accor SA, Reg. S 0.7% 07/12/2027 | EUR | 4,000,000 | 2,187,040 | 0.49 |
| Atos SE, Reg. S 0% 06/11/2024 | EUR | 4,200,000 | 5,131,287 | 1.14 |
| Cie Generale des Etablissements Michelin SCA, Reg. S 0% 10/01/2022 | USD | 3,400,000 | 3,103,387 | 0.69 |
| Electricite de France SA, Reg. S 0% 14/09/2024 | EUR | 54,000,000 | 8,050,860 | 1.79 |
| Kering SA, Reg. S 0% 30/09/2022 | EUR | 5,000,000 | 5,399,000 | 1.20 |
| Orpar SA, Reg. S 0% 20/06/2024 | EUR | 3,500,000 | 4,193,700 | 0.93 |
| Safran SA, Reg. S 0.875% 15/05/2027 | EUR | 3,700,000 | 5,246,915 | 1.16 |
| Schneider Electric SE, Reg. S 0% 15/06/2026 | EUR | 800,000 | 1,550,080 | 0.34 |
| Vinci SA, Reg. S 0.375% 16/02/2022 | USD | 5,600,000 | 5,468,411 | 1.21 |
|  |  |  | 40,330,680 | 8.95 |
| Germany |  |  |  |  |
| adidas AG, Reg. S 0.05% 12/09/2023 | EUR | 5,200,000 | 6,399,458 | 1.42 |
| Delivery Hero SE, Reg. S 0.25% 23/01/2024 | EUR | 2,300,000 | 2,968,265 | 0.66 |
| Delivery Hero SE, Reg. S 0.875% 15/07/2025 | EUR | 4,000,000 | 4,284,400 | 0.95 |
| Deutsche Lufthansa AG, Reg. S 2% 17/11/2025 | EUR | 5,000,000 | 6,018,150 | 1.33 |
| Deutsche Wohnen SE, Reg. S 0.325% 26/07/2024 | EUR | 3,700,000 | 3,958,926 | 0.88 |
| HelloFresh SE, Reg. S 0.75% 13/05/2025 | EUR | 3,000,000 | 4,488,855 | 1.00 |
| Zalando SE, Reg. S 0.05% 06/08/2025 | EUR | 4,000,000 | 4,817,260 | 1.07 |
|  |  |  | 32,935,314 | 7.31 |
| Hong Kong |  |  |  |  |
| Lenovo Group Ltd., Reg. S 3.375% 24/01/2024 | USD | 3,500,000 | 5,116,532 | 1.14 |
|  |  |  | 5,116,532 | 1.14 |
| Italy |  |  |  |  |
| Nexi SpA, Reg. S 0% 24/02/2028 | EUR | 6,000,000 | 5,723,403 | 1.27 |
| Pirelli & C SpA, Reg. S 0% 22/12/2025 | EUR | 4,000,000 | 4,308,080 | 0.96 |
|  |  |  | 10,031,483 | 2.23 |
| The accompanying notes form an integral part of these financial statements. |  |  |  |  |

| Jupiter Global Convertibles |  |  |  |  |
| --- | --- | --- | --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
|  |  | Quantity/ Nominal | Market Value | % of |
| Investments | Currency | Value | EUR | Net Assets |
| Transferable securities and money market instruments admitted to an official exchange listing |  |  |  |  |
| Convertible Bonds |  |  |  |  |
| Japan |  |  |  |  |
| EDION Corp., Reg. S 0% 19/06/2025 | JPY | 400,000,000 | 3,433,492 | 0.76 |
| MINEBEA MITSUMI, Inc., Reg. S 0% 03/08/2022 | JPY | 430,000,000 | 4,637,183 | 1.03 |
| SBI Holdings, Inc., Reg. S 0% 13/09/2023 | JPY | 300,000,000 | 2,497,756 | 0.55 |
| Sony Corp. 0% 30/09/2022 | JPY | 200,000,000 | 3,584,064 | 0.80 |
|  |  |  | 14,152,495 | 3.14 |
| Luxembourg |  |  |  |  |
| Citigroup Global Markets Funding Luxembourg SCA,	EUR | 2,200,000 | 2,282,654 | 0.51 |
| Citigroup Global Markets Funding Luxembourg SCA, Reg. S 0% 25/07/2024 | HKD | 23,000,000 | 3,045,088 | 0.68 |
| Global Fashion Group SA, Reg. S 1.25% 15/03/2028 | EUR | 4,000,000 | 3,911,200 | 0.87 |
| Lagfin SCA, Reg. S 2% 02/07/2025 | EUR | 3,000,000 | 3,404,505 | 0.75 |
|  |  |  | 12,643,447 | 2.81 |
| Netherlands |  |  |  |  |
| BE Semiconductor Industries NV, Reg. S 0.75% 05/08/2027 | EUR | 3,000,000 | 4,665,330 | 1.04 |
| Just Eat Takeaway.com NV, Reg. S 0% 09/08/2025 | EUR | 3,700,000 | 3,566,541 | 0.79 |
| STMicroelectronics NV, Reg. S 0% 04/08/2025 | USD | 6,200,000 | 6,432,784 | 1.43 |
|  |  |  | 14,664,655 | 3.26 |
| Singapore |  |  |  |  |
| SGX Treasury I Pte. Ltd., Reg. S 0% 01/03/2024 | EUR | 2,400,000 | 2,424,000 | 0.54 |
| Singapore Airlines Ltd., Reg. S 1.625% 03/12/2025 | SGD | 6,500,000 | 4,997,243 | 1.11 |
|  |  |  | 7,421,243 | 1.65 |
| South Korea |  |  |  |  |
| Kakao Corp., Reg. S 0% 28/04/2023 | USD | 4,800,000 | 4,966,117 | 1.10 |
|  |  |  | 4,966,117 | 1.10 |
| Spain |  |  |  |  |
| Amadeus IT Group SA, Reg. S 1.5% 09/04/2025 | EUR | 4,200,000 | 5,860,549 | 1.30 |
|  |  |  | 5,860,549 | 1.30 |
| Sweden |  |  |  |  |
| Geely Sweden Financials Holding AB, Reg. S 0% 19/06/2024 | EUR | 4,000,000 | 5,195,360 | 1.15 |
|  |  |  | 5,195,360 | 1.15 |
| Switzerland |  |  |  |  |
| Sika AG, Reg. S 0.15% 05/06/2025 | CHF | 4,500,000 | 6,003,846 | 1.33 |
|  |  |  | 6,003,846 | 1.33 |
| Taiwan |  |  |  |  |
| Win Semiconductors Corp., Reg. S 0% 14/01/2026 | USD | 7,600,000 | 7,304,860 | 1.62 |
|  |  |  | 7,304,860 | 1.62 |
| United States of America |  |  |  |  |
| JPMorgan Chase Bank NA, Reg. S 0% 18/09/2022 | EUR | 3,000,000 | 3,942,628 | 0.88 |
| JPMorgan Chase Bank NA, Reg. S 0% 28/12/2023 | USD | 3,500,000 | 3,207,248 | 0.71 |
| JPMorgan Chase Bank NA, Reg. S 0% 18/02/2024 | EUR | 2,900,000 | 3,307,508 | 0.73 |
|  |  |  | 10,457,384 | 2.32 |
| The accompanying notes form an integral part of these financial statements. |  |  |  |  |

Reg. S 0.5% 04/08/2023
| Jupiter Global Convertibles |  |  |  |  |
| --- | --- | --- | --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
|  |  | Quantity/ Nominal | Market Value | % of |
| Investments | Currency | Value | EUR | Net Assets |
| Transferable securities and money market instruments admitted to an official exchange listing |  |  |  |  |
| Convertible Bonds |  |  |  |  |
| Virgin Islands, British |  |  |  |  |
| ADM Ag Holding Ltd., Reg. S 0% 26/08/2023 | USD | 3,000,000 | 2,999,041 | 0.67 |
| ANLLIAN Capital Ltd., Reg. S 0% 05/02/2025 | EUR | 3,700,000 | 4,743,210 | 1.05 |
| China Conch Venture Holdings International Ltd., Reg. S 0% 05/09/2023 | HKD | 31,000,000 | 3,901,795 | 0.87 |

| Smart Insight International Ltd., Reg. S 4.5% 05/12/2023 | HKD | 32,000,000 | 4,111,842 | 0.91 |
| --- | --- | --- | --- | --- |
|  |  |  | 15,755,888 | 3.50 |
| Total Convertible Bonds |  |  | 226,833,783 | 50.36 |
| Total Transferable securities and money market instruments admitted to an official exchange listing |  |  | 226,833,783 | 50.36 |
| Transferable securities and money market instruments |  |  |  |  |
| dealt in on another regulated market |  |  |  |  |
| Convertible Bonds |  |  |  |  |
| Bermuda |  |  |  |  |
| Jazz Investments I Ltd., 144A 2% 15/06/2026 | USD | 5,500,000 | 6,101,672 | 1.35 |
|  |  |  | 6,101,672 | 1.35 |
| Canada |  |  |  |  |
| Shopify, Inc. 0.125% 01/11/2025 | USD | 1,000,000 | 948,551 | 0.21 |
|  |  |  | 948,551 | 0.21 |
| Cayman Islands |  |  |  |  |
| iQIYI, Inc. 2% 01/04/2025 | USD | 5,000,000 | 3,988,496 | 0.89 |
| NIO, Inc., 144A 0% 01/02/2026 | USD | 3,500,000 | 2,527,695 | 0.56 |
|  |  |  | 6,516,191 | 1.45 |
| Israel |  |  |  |  |
| CyberArk Software Ltd. 0% 15/11/2024 | USD | 4,000,000 | 3,662,207 | 0.81 |
| Fiverr International Ltd., 144A 0% 01/11/2025 | USD | 2,500,000 | 2,537,921 | 0.57 |
|  |  |  | 6,200,128 | 1.38 |
| Japan |  |  |  |  |
| CyberAgent, Inc., Reg. S 0% 19/02/2025 | JPY | 520,000,000 | 5,626,776 | 1.25 |
| Medipal Holdings Corp., Reg. S 0% 07/10/2022 | JPY | 500,000,000 | 4,135,849 | 0.92 |
| Menicon Co. Ltd., Reg. S 0% 29/01/2025 | JPY | 450,000,000 | 3,832,452 | 0.85 |
| Senko Group Holdings Co. Ltd., Reg. S 0% 18/03/2025 | JPY | 500,000,000 | 4,095,550 | 0.91 |
| Ship Healthcare Holdings, Inc., Reg. S 0% 13/12/2023 | JPY | 430,000,000 | 4,141,347 | 0.92 |
| Yaoko Co. Ltd., Reg. S 0% 20/06/2024 | JPY | 300,000,000 | 2,771,326 | 0.61 |
|  |  |  | 24,603,300 | 5.46 |
| Liberia |  |  |  |  |
| Royal Caribbean Cruises Ltd., 144A 4.25% 15/06/2023 | USD | 4,000,000 | 4,801,023 | 1.07 |
|  |  |  | 4,801,023 | 1.07 |
| United States of America |  |  |  |  |
| Akamai Technologies, Inc. 0.125% 01/05/2025 | USD | 7,000,000 | 7,206,540 | 1.60 |
| American Airlines Group, Inc. 6.5% 01/07/2025 | USD | 2,000,000 | 2,951,853 | 0.65 |
| Booking Holdings, Inc., 144A 0.75% 01/05/2025 | USD | 3,500,000 | 4,403,707 | 0.98 |
| Burlington Stores, Inc., 144A 2.25% 15/04/2025 | USD | 3,500,000 | 4,555,816 | 1.01 |
| Chegg, Inc., 144A 0% 01/09/2026 | USD | 2,700,000 | 2,449,212 | 0.54 |
| Dexcom, Inc., 144A 0.25% 15/11/2025 | USD | 2,750,000 | 2,292,155 | 0.51 |
| DISH Network Corp., 144A 0% 15/12/2025 | USD | 4,000,000 | 3,580,741 | 0.79 |
| Dropbox, Inc., 144A 0% 01/03/2028 | USD | 2,000,000 | 1,754,367 | 0.39 |

| Jupiter Global Convertibles |  |  |  |  |
| --- | --- | --- | --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
|  |  | Quantity/ Nominal | Market Value | % of |
| Investments | Currency | Value | EUR | Net Assets |
| Transferable securities and money market instruments admitted to an official exchange listing |  |  |  |  |
| Convertible Bonds |  |  |  |  |
| United States of America (continued) |  |  |  |  |
| Fastly, Inc., 144A 0% 15/03/2026 | USD | 500,000 | 421,549 | 0.09 |
| Five9, Inc., 144A 0.5% 01/06/2025 | USD | 3,000,000 | 3,355,347 | 0.74 |
| Ford Motor Co., 144A 0% 15/03/2026 | USD | 2,500,000 | 2,159,672 | 0.48 |
| Fortive Corp. 0.875% 15/02/2022 | USD | 5,000,000 | 4,345,974 | 0.96 |
| FTI Consulting, Inc. 2% 15/08/2023 | USD | 3,750,000 | 4,676,715 | 1.04 |
| Illumina, Inc. 0% 15/08/2023 | USD | 5,000,000 | 5,030,358 | 1.12 |
| Insight Enterprises, Inc. 0.75% 15/02/2025 | USD | 5,000,000 | 6,250,533 | 1.39 |
| InterDigital, Inc. 2% 01/06/2024 | USD | 5,250,000 | 4,759,001 | 1.06 |
| JetBlue Airways Corp., 144A 0.5% 01/04/2026 | USD | 3,000,000 | 2,792,927 | 0.62 |
| JPMorgan Chase Bank NA, 144A 0.125% 01/01/2023 | USD | 4,750,000 | 4,538,709 | 1.01 |
| Kaman Corp. 3.25% 01/05/2024 | USD | 6,000,000 | 5,601,193 | 1.24 |
| KBR, Inc. 2.5% 01/11/2023 | USD | 4,600,000 | 6,097,891 | 1.35 |
| Liberty Media Corp., 144A 2.125% 31/03/2048 | USD | 6,000,000 | 5,294,930 | 1.17 |
| Live Nation Entertainment, Inc. 2.5% 15/03/2023 | USD | 6,000,000 | 7,103,877 | 1.58 |
| LivePerson, Inc., 144A 0% 15/12/2026 | USD | 3,000,000 | 2,564,300 | 0.57 |
| MACOM Technology Solutions Holdings, Inc., 144A 0.25% 15/03/2026 | USD | 500,000 | 427,890 | 0.09 |

| Microchip Technology, Inc. 1.625% 15/02/2027 | USD | 2,000,000 | 3,767,576 | 0.84 |
| --- | --- | --- | --- | --- |
| Middleby Corp. (The), 144A 1% 01/09/2025 | USD | 4,000,000 | 4,827,439 | 1.07 |
| Omnicell, Inc., 144A 0.25% 15/09/2025 | USD | 4,000,000 | 4,853,004 | 1.08 |
| ON Semiconductor Corp. 1.625% 15/10/2023 | USD | 2,850,000 | 4,857,265 | 1.08 |
| Palo Alto Networks, Inc. 0.75% 01/07/2023 | USD | 6,900,000 | 7,693,779 | 1.71 |
| Pioneer Natural Resources Co., 144A 0.25% 15/05/2025 | USD | 4,600,000 | 6,220,878 | 1.38 |
| Rapid7, Inc., 144A 0.25% 15/03/2027 | USD | 1,000,000 | 838,320 | 0.19 |
| Repay Holdings Corp., 144A 0% 01/02/2026 | USD | 2,500,000 | 2,075,565 | 0.46 |
| Shift4 Payments, Inc., 144A 0% 15/12/2025 | USD | 2,750,000 | 2,933,724 | 0.65 |
| Southwest Airlines Co. 1.25% 01/05/2025 | USD | 3,300,000 | 4,893,055 | 1.09 |
| Splunk, Inc. 0.5% 15/09/2023 | USD | 5,000,000 | 4,817,320 | 1.07 |
| Square, Inc., 144A 0.125% 01/03/2025 | USD | 2,400,000 | 3,779,719 | 0.84 |
| Square, Inc., 144A 0% 01/05/2026 | USD | 2,500,000 | 2,323,392 | 0.52 |
| Synaptics, Inc. 0.5% 15/06/2022 | USD | 3,750,000 | 5,702,093 | 1.27 |
| Uber Technologies, Inc., 144A 0% 15/12/2025 | USD | 2,500,000 | 2,230,241 | 0.49 |
| Winnebago Industries, Inc. 1.5% 01/04/2025 | USD | 4,750,000 | 5,623,802 | 1.25 |
| Workday, Inc. 0.25% 01/10/2022 | USD | 2,500,000 | 3,608,436 | 0.80 |
| Zynga, Inc. 0.25% 01/06/2024 | USD | 4,500,000 | 5,215,168 | 1.16 |
|  |  |  | 170,876,033 | 37.93 |
| Total Convertible Bonds |  |  | 220,046,898 | 48.85 |
| Total Transferable securities and money market |  |  | 220,046,898 | 48.85 |
| instruments dealt in on another regulated market |  |  |
| Total Investments | 446,880,681 | 99.21 |
| Cash | 4,055,293 | 0.90 |
| Other assets/(liabilities) | (498,112) | (0.11) |
| Total net assets | 450,437,862 | 100.00 |
| The accompanying notes form an integral part of these financial statements. |  |  |

| Jupiter Global Convertibles |  |
| --- | --- |
| Schedule of Investments as at 31 March 2021 (continued) |  |  |  |  |
| Financial Futures Contracts |  |  |  |  |
|  | Number of |  | Unrealised Gain/(Loss) | % of |
| Security Description | Contracts | Currency | EUR | Net Assets |
| S&P 500 Emini Index, 18/06/2021 | (56) | USD | 28,573 | 0.01 |
| Total Unrealised Gain on Financial Futures Contracts - Assets |  |  | 28,573 | 0.01 |
| EURO STOXX 50 Index, 18/06/2021 | (122) | EUR | (79,300) | (0.02) |
| Total Unrealised Loss on Financial Futures Contracts - Liabilities |  |  | (79,300) | (0.02) |
| Net Unrealised Loss on Financial Futures Contracts - Liabilities |  |  | (50,727) | (0.01) |
|  |  |  |  |  |
| Forward Currency Exchange Contracts |  |  |  |  |
| Currency | Amount | Currency | Amount | Maturity |  | Unrealised Gain/(Loss) | % of |
| Purchased | Purchased | Sold | Sold | Date | Counterparty | EUR | Net Assets |
| CHF | 211,074,179 | EUR | 190,624,333 | 15/04/2021 | J.P. Morgan | 99,595 | 0.02 |
| CHF | 716,113 | EUR | 645,841 | 23/04/2021 | HSBC | 1,262 | – |
| EUR | 93,947 | CHF | 103,934 | 01/04/2021 | J.P. Morgan | 39 | – |
| EUR | 50,521 | CHF | 55,833 | 06/04/2021 | J.P. Morgan | 74 | – |
| EUR | 1,543,392 | CHF | 1,706,671 | 15/04/2021 | J.P. Morgan | 1,266 | – |
| EUR | 13,727 | GBP | 11,684 | 01/04/2021 | J.P. Morgan | 24 | – |
| EUR | 36,666,086 | JPY | 4,731,556,728 | 23/04/2021 | J.P. Morgan | 238,203 | 0.05 |
| EUR | 247 | USD | 290 | 06/04/2021 | J.P. Morgan | – | – |
| GBP | 43,391,974 | EUR | 50,591,652 | 15/04/2021 | J.P. Morgan | 290,346 | 0.06 |
| USD | 14,202,298 | EUR | 11,937,996 | 15/04/2021 | J.P. Morgan | 162,250 | 0.04 |
| USD | 2,754,960 | EUR | 2,339,001 | 23/04/2021 | HSBC | 7,808 | – |
| USD | 4,932,256 | EUR | 4,181,040 | 23/04/2021 | J.P. Morgan | 20,496 | 0.01 |
| Total Unrealised Gain on Forward Currency Exchange Contracts - Assets	821,363	0.18 |
| CHF | 2,691,008 | EUR | 2,437,018 | 15/04/2021 | J.P. Morgan | (5,457) | – |
| EUR | 1,940,234 | AUD | 3,000,000 | 23/04/2021 | J.P. Morgan | (6,236) | – |
| EUR | 4,271,636 | CHF | 4,730,067 | 15/04/2021 | J.P. Morgan | (2,392) | – |
| EUR | 5,884,877 | CHF | 6,516,150 | 23/04/2021 | J.P. Morgan | (3,337) | – |
| EUR | 103,248 | GBP | 88,096 | 06/04/2021 | J.P. Morgan | (71) | – |
| EUR | 3,826,988 | GBP | 3,278,616 | 15/04/2021 | J.P. Morgan | (17,561) | (0.01) |
| EUR | 29,371,407 | HKD | 270,938,891 | 23/04/2021 | J.P. Morgan | (318,263) | (0.07) |
| EUR | 4,186,539 | SGD | 6,679,250 | 23/04/2021 | J.P. Morgan | (44,151) | (0.01) |
| EUR | 10,640 | USD | 12,524 | 01/04/2021 | J.P. Morgan | (33) | – |
| EUR | 338,746 | USD | 401,447 | 15/04/2021 | J.P. Morgan | (3,283) | – |
| EUR | 609,187 | USD | 720,332 | 23/04/2021 | HSBC | (4,427) | – |
| EUR | 252,588,205 | USD | 300,025,533 | 23/04/2021 | J.P. Morgan | (2,988,161) | (0.66) |
| GBP | 11,684 | EUR | 13,724 | 15/04/2021 | J.P. Morgan | (23) | – |
| USD | 290 | EUR | 247 | 15/04/2021 | J.P. Morgan | – | – |
| USD | 5,000,000 | EUR | 4,262,399 | 23/04/2021 | J.P. Morgan | (3,156) | – |
| Total Unrealised Loss on Forward Currency Exchange Contracts - Liabilities | (3,396,551) | (0.75) |
| Net Unrealised Loss on Forward Currency Exchange Contracts - Liabilities | (2,575,188) | (0.57) |
| The accompanying notes form an integral part of these financial statements. |  |  |

Translation (ENFR, 2021-03-31):
# Jupiter Flexible Income
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 |
| AUD | 90 643 | EUR | 58 625 | 15/04/2021 | J.P. Morgan | 194 | – |
| CAD | 1 942 860 | EUR | 1 308 064 | 28/05/2021 | HSBC | 4 257 | – |
| EUR | 616 | AUD | 948 | 15/04/2021 | J.P. Morgan | 1 | – |
| GBP | 1 336 871 | EUR | 1 558 572 | 15/04/2021 | J.P. Morgan | 9 060 | 0,01 |
| NOK | 72 000 000 | SEK | 72 134 856 | 30/04/2021 | HSBC | 153 789 | 0,16 |
| SGD | 85 499 | EUR | 53 351 | 15/04/2021 | J.P. Morgan | 817 | – |
| USD | 737 285 | EUR | 619 748 | 15/04/2021 | J.P. Morgan | 8 412 | 0,01 |
| USD | 400 000 | EUR | 339 429 | 30/04/2021 | J.P. Morgan | 1 260 | – |
| USD | 8 563 241 | EUR | 7 264 090 | 28/05/2021 | HSBC | 24 933 | 0,03 |
| USD | 442 367 | EUR | 376 529 | 28/05/2021 | J.P. Morgan | 13 | – |
| Plus-value totale non réalisée sur contrats de change à terme - Actif	202 736	0,21 |
| CZK | 122 000 000 | HUF | 1 698 987 006 | 28/05/2021 | HSBC | (5 160) | (0,01) |
| EUR | 1 259 | AUD | 1 951 | 15/04/2021 | J.P. Morgan | (7) | – |
| EUR | 54 622 | GBP | 46 893 | 15/04/2021 | J.P. Morgan | (365) | – |
| EUR | 20 872 930 | GBP | 17 823 081 | 28/05/2021 | HSBC | (10 063) | (0,01) |
| EUR | 1 702 | SGD | 2 718 | 15/04/2021 | J.P. Morgan | (20) | – |
| EUR | 19 936 | USD | 23 659 | 15/04/2021 | J.P. Morgan | (221) | – |
| EUR | 22 764 097 | USD | 26 835 355 | 28/05/2021 | HSBC | (78 133) | (0,08) |
| USD | 8 149 | EUR | 6 947 | 15/04/2021 | J.P. Morgan | (4) | – |
| USD | 11 060 128 | ZAR | 167 250 000 | 28/05/2021 | HSBC | (124 566) | (0,13) |
| Moins-value totale non réalisée sur contrats de change à terme - Passif |  |  | (218 539) | (0,23) |
| Moins-value nette non réalisée sur contrats de change à terme - Passif |  |  | (15 803) | (0,02) |
|  |  |  |  |  |
| Contrats d’achat d’options |  |  |  |  |
|  |  |  | Valeur de marché | % de |
| Quantité	Description du titre | Devise | Contrepartie | EUR | l’actif net |
| 2 000	EURO STOXX 50 Index, Call, 3,975.000, 16/04/2021 | EUR | UBS | 340 000 | 0,36 |
| 100	S&P 500 Index, Call, 4,000.000, 16/04/2021 | USD | UBS | 232 211 | 0,24 |
| Valeur de marché totale sur Contrats d’option acquis - Actif |  |  | 572 211 | 0,60 |
| Les notes annexes font partie intégrante des présents états financiers. |  |  |  |  |

| Jupiter Flexible Macro |  |
| --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 |  |  |  |  |
|  |  | Quantité/ Valeur | Valeur de marché | % de |
| Investissements | Devise | nominale | EUR | l’actif net |
| Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  |  |  |
| Obligations |  |  |  |  |
| Australie |  |  |  |  |
| Australia Government Bond, Reg. S 0.5% 21/09/2026 | AUD | 1 100 000 | 699 065 | 4,68 |
|  |  |  | 699 065 | 4,68 |
| France |  |  |  |  |
| France Government Bond OAT, Reg. S 0% 25/03/2023 | EUR | 730 000 | 739 656 | 4,95 |
| France Treasury Bill BTF, Reg. S 0% 28/07/2021 | EUR | 350 000 | 350 724 | 2,35 |
|  |  |  | 1 090 380 | 7,30 |
| Grèce |  |  |  |  |
| Greece Government Bond, Reg. S, 144A 1.5% 18/06/2030 | EUR | 570 000 | 609 107 | 4,07 |
|  |  |  | 609 107 | 4,07 |
| Total Obligations |  |  | 2 398 552 | 16,05 |
| Actions |  |  |  |  |
| Autriche |  |  |  |  |
| OMV AG | EUR | 1 814 | 78 837 | 0,53 |
| Verbund AG | EUR | 1 109 | 69 340 | 0,46 |
|  |  |  | 148 177 | 0,99 |
| Bermudes |  |  |  |  |
| Marvell Technology Group Ltd. | USD | 1 160 | 46 845 | 0,31 |
|  |  |  | 46 845 | 0,31 |
| Brésil |  |  |  |  |
| Ambev SA | BRL | 10 844 | 24 929 | 0,17 |
| Lojas Renner SA | BRL | 3 667 | 23 769 | 0,16 |
| Vale SA, ADR | USD | 3 366 | 48 805 | 0,32 |
|  |  |  | 97 503 | 0,65 |
| Îles Caïmans |  |  |  |  |
| Alibaba Group Holding Ltd., ADR | USD | 166 | 32 427 | 0,22 |
| China Education Group Holdings Ltd., Reg. S | HKD | 16 000 | 24 220 | 0,16 |
| China Yuhua Education Corp. Ltd., Reg. S | HKD | 38 000 | 25 325 | 0,17 |
| ESR Cayman Ltd., Reg. S | HKD | 10 800 | 30 099 | 0,20 |
| New Oriental Education & Technology Group, Inc., ADR | USD | 1 847 | 22 295 | 0,15 |
| TAL Education Group, ADR | USD | 458 | 20 855 | 0,14 |
| Tencent Holdings Ltd, | HKD | 900 | 60 227 | 0,40 |
| Wynn Macau Ltd. | HKD | 19 200 | 31 843 | 0,22 |
|  |  |  | 247 291 | 1,66 |
| Chine |  |  |  |  |
| Ping An Insurance Group Co. of China Ltd. « H » | HKD | 3 000 | 30 443 | 0,20 |
|  |  |  | 30 443 | 0,20 |
| Curaçao |  |  |  |  |
| Schlumberger NV | USD | 3 140 | 72 834 | 0,49 |
|  |  |  | 72 834 | 0,49 |
| Danemark |  |  |  |  |
| AP Moller - Maersk A/S 'B' | DKK | 22 | 44 207 | 0,30 |
| Orsted A/S, Reg. S | DKK | 297 | 40 911 | 0,27 |
| Vestas Wind Systems A/S | DKK | 257 | 44 825 | 0,30 |
|  |  |  | 129 943 | 0,87 |

| Jupiter Flexible Macro |  |  |  |  |
| --- | --- | --- | --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 (suite) |  |  |  |  |
|  |  | Quantité/ Valeur | Valeur de marché | % de |
| Investissements | Devise | nominale | EUR | l’actif net |
| Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  |  |  |
| Actions |  |  |  |  |
| Finlande |  |  |  |  |
| Fortum OYJ | EUR | 3 533 | 80 199 | 0,54 |
| Metsa Board OYJ | EUR | 4 396 | 41 136 | 0,27 |
|  |  |  | 121 335 | 0,81 |
| France |  |  |  |  |
| Air Liquide SA | EUR | 256 | 35 821 | 0,24 |
| Cie de Saint-Gobain | EUR | 671 | 34 241 | 0,23 |
| L’Oreal SA | EUR | 78 | 25 502 | 0,17 |
| LVMH Moet Hennessy Louis Vuitton SE | EUR | 91 | 51 483 | 0,34 |
| Schneider Electric SE | EUR | 228 | 29 577 | 0,20 |
| Teleperformance | EUR | 103 | 32 121 | 0,22 |
| TOTAL SE | EUR | 1 809 | 71 731 | 0,48 |
| Veolia Environnement SA | EUR | 1 166 | 25 705 | 0,17 |
|  |  |  | 306 181 | 2,05 |
| Allemagne |  |  |  |  |
| Deutsche Post AG | EUR | 732 | 34 236 | 0,23 |
| Infineon Technologies AG | EUR | 1 358 | 48 718 | 0,33 |
| Merck KGaA | EUR | 240 | 35 262 | 0,23 |
| RWE AG | EUR | 1 079 | 35 472 | 0,24 |
| Sartorius AG | EUR | 69 | 25 288 | 0,17 |
| Volkswagen AG Preference | EUR | 140 | 33 600 | 0,22 |
|  |  |  | 212 576 | 1,42 |
| Hong Kong |  |  |  |  |
| AIA Group Ltd, | HKD | 2 800 | 28 950 | 0,19 |
|  |  |  | 28 950 | 0,19 |
| Indonésie |  |  |  |  |
| Bank Rakyat Indonesia Persero Tbk. PT | IDR | 109 100 | 28 131 | 0,19 |
|  |  |  | 28 131 | 0,19 |
| Irlande |  |  |  |  |
| Eaton Corp. plc | USD | 258 | 30 717 | 0,21 |
| Johnson Controls International plc | USD | 1 221 | 63 193 | 0,42 |
| Kingspan Group plc | EUR | 356 | 25 855 | 0,17 |
| Linde plc | USD | 156 | 37 130 | 0,25 |
| Medtronic plc | USD | 456 | 46 187 | 0,31 |
| Trane Technologies plc | USD | 415 | 59 064 | 0,40 |
|  |  |  | 262 146 | 1,76 |
| Italie |  |  |  |  |
| Enel SpA | EUR | 5 721 | 48 377 | 0,33 |
| FinecoBank Banca Fineco SpA | EUR | 3 653 | 51 087 | 0,34 |
| Telecom Italia SpA | EUR | 70 535 | 32 837 | 0,22 |
|  |  |  | 132 301 | 0,89 |
| Les notes annexes font partie intégrante des présents états financiers. |  |  |  |  |

| Jupiter Flexible Macro |  |  |  |  |
| --- | --- | --- | --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 (suite) |  |  |  |  |
|  |  | Quantité/ Valeur | Valeur de marché | % de |
| Investissements | Devise | nominale | EUR | l’actif net |
| Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  |  |  |
| Actions |  |  |  |  |
| Japon |  |  |  |  |
| Daifuku Co. Ltd. | JPY | 400 | 33 403 | 0,22 |
| ITOCHU Corp. | JPY | 2 100 | 57 923 | 0,39 |
| Keyence Corp. | JPY | 100 | 38 732 | 0,26 |
| Marubeni Corp. | JPY | 9 600 | 68 130 | 0,46 |
| Mitsubishi Corp. | JPY | 2 100 | 50 646 | 0,34 |
| Mitsui & Co. Ltd. | JPY | 3 000 | 53 207 | 0,36 |
| Omron Corp. | JPY | 500 | 33 284 | 0,22 |
| Tokyo Electron Ltd. | JPY | 200 | 72 012 | 0,48 |
| Toyota Tsusho Corp. | JPY | 1 900 | 67 995 | 0,45 |
|  |  |  | 475 332 | 3,18 |
| Jersey |  |  |  |  |
| Digital 9 Infrastructure plc | GBP | 250 000 | 295 399 | 1,97 |
| Glencore plc | GBP | 13 743 | 45 907 | 0,31 |
|  |  |  | 341 306 | 2,28 |
| Mexique |  |  |  |  |
| Wal-Mart de Mexico SAB de CV | MXN | 5 332 | 14 638 | 0,10 |
|  |  |  | 14 638 | 0,10 |
| Pays-Bas |  |  |  |  |
| Akzo Nobel NV | EUR | 261 | 25 006 | 0,17 |
| Alfen Beheer BV, Reg. S | EUR | 316 | 22 341 | 0,15 |
| ASML Holding NV | EUR | 114 | 59 103 | 0,40 |
| NXP Semiconductors NV | USD | 356 | 60 029 | 0,40 |
| Signify NV, Reg. S | EUR | 846 | 38 066 | 0,25 |
|  |  |  | 204 545 | 1,37 |
| Norvège |  |  |  |  |
| NEL ASA | NOK | 18 598 | 46 963 | 0,32 |
|  |  |  | 46 963 | 0,32 |
| Pologne |  |  |  |  |
| KGHM Polska Miedz SA | PLN | 976 | 38 909 | 0,26 |
|  |  |  | 38 909 | 0,26 |
| Russie |  |  |  |  |
| Sberbank of Russia PJSC, ADR | USD | 2 118 | 27 890 | 0,19 |
|  |  |  | 27 890 | 0,19 |
| Corée du Sud |  |  |  |  |
| Samsung Electronics Co, Ltd, Preference | KRW | 995 | 54 860 | 0,37 |
| SK Hynix, Inc. | KRW | 548 | 54 701 | 0,36 |
|  |  |  | 109 561 | 0,73 |
| Espagne |  |  |  |  |
| CaixaBank SA | EUR | 17 382 | 46 558 | 0,31 |
| EDP Renovaveis SA | EUR | 2 289 | 42 049 | 0,28 |
| Iberdrola SA | EUR | 3 157 | 34 561 | 0,23 |
|  |  |  | 123 168 | 0,82 |

| Jupiter Flexible Macro |  |  |  |  |
| --- | --- | --- | --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 (suite) |  |  |  |  |
|  |  | Quantité/ Valeur | Valeur de marché | % de |
| Investissements | Devise | nominale | EUR | l’actif net |
| Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  |  |  |
| Actions |  |  |  |  |
| Suède |  |  |  |  |
| Boliden AB | SEK | 1 335 | 42 540 | 0,28 |
| Lundin Energy AB | SEK | 2 721 | 73 025 | 0,49 |
|  |  |  | 115 565 | 0,77 |
| Suisse |  |  |  |  |
| ABB Ltd. | CHF | 1 101 | 28 566 | 0,19 |
| Partners Group Holding AG | CHF | 43 | 46 904 | 0,32 |
| Sonova Holding AG | CHF | 92 | 20 943 | 0,14 |
| UBS Group AG | CHF | 4 575 | 61 189 | 0,41 |
|  |  |  | 157 602 | 1,06 |
| Taïwan |  |  |  |  |
| Taiwan Semiconductor Manufacturing Co. Ltd., ADR | USD | 1 109 | 108 793 | 0,73 |
|  |  |  | 108 793 | 0,73 |
| Royaume-Uni |  |  |  |  |
| Anglo American plc | GBP | 1 388 | 46 324 | 0,31 |
| Antofagasta plc | GBP | 2 405 | 47 900 | 0,32 |
| AstraZeneca plc | GBP | 389 | 33 103 | 0,22 |
| BHP Group plc | GBP | 1 686 | 41 465 | 0,28 |
| Drax Group plc | GBP | 10 722 | 53 003 | 0,35 |
| Reckitt Benckiser Group plc | GBP | 439 | 33 600 | 0,23 |
|  |  |  | 255 395 | 1,71 |
| États-Unis |  |  |  |  |
| Adobe, Inc. | USD | 86 | 34 129 | 0,23 |
| Advanced Micro Devices, Inc. | USD | 578 | 37 441 | 0,25 |
| AGCO Corp. | USD | 482 | 58 959 | 0,40 |
| Alcoa Corp. | USD | 2 184 | 61 370 | 0,41 |
| Ally Financial, Inc. | USD | 2 094 | 82 074 | 0,55 |
| Alphabet, Inc. « A » | USD | 19 | 33 155 | 0,22 |
| Amazon.com, Inc. | USD | 15 | 39 055 | 0,26 |
| American Eagle Outfitters, Inc. | USD | 1 018 | 25 300 | 0,17 |
| American International Group, Inc. | USD | 1 022 | 41 241 | 0,28 |
| Apple, Inc. | USD | 506 | 51 732 | 0,35 |
| Applied Materials, Inc. | USD | 496 | 53 613 | 0,36 |
| AutoNation, Inc. | USD | 370 | 29 899 | 0,20 |
| Bank of America Corp. | USD | 814 | 27 049 | 0,18 |
| Boeing Co. (The) | USD | 117 | 25 133 | 0,17 |
| Bristol-Myers Squibb Co. | USD | 869 | 46 879 | 0,31 |
| Broadcom, Inc. | USD | 126 | 49 055 | 0,33 |
| Burlington Stores, Inc. | USD | 101 | 26 212 | 0,18 |
| Carrier Global Corp. | USD | 1 554 | 56 115 | 0,38 |
| Chevron Corp. | USD | 806 | 72 770 | 0,49 |
| Colgate-Palmolive Co. | USD | 406 | 27 465 | 0,18 |
| Comerica, Inc. | USD | 447 | 27 485 | 0,18 |
| ConocoPhillips | USD | 1 684 | 76 688 | 0,51 |
| Constellation Brands, Inc. « A » | USD | 228 | 45 460 | 0,30 |
| Les notes annexes font partie intégrante des présents états financiers. |  |  |  |  |

| Jupiter Flexible Macro |  |  |  |  |
| --- | --- | --- | --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 (suite) |  |  |  |  |
|  |  | Quantité/ Valeur | Valeur de marché | % de |
| Investissements | Devise | nominale | EUR | l’actif net |
| Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  |  |  |
| Actions |  |  |  |  |
| États-Unis d'Amérique (suite) |  |  |  |  |
| Costco Wholesale Corp. | USD | 121 | 36 064 | 0,24 |
| Delta Air Lines, Inc. | USD | 612 | 25 505 | 0,17 |
| Duke Energy Corp. | USD | 648 | 53 151 | 0,36 |
| Emerson Electric Co. | USD | 597 | 46 389 | 0,31 |
| Equinix, Inc., REIT | USD | 85 | 48 940 | 0,33 |
| Fidelity National Information Services, Inc. | USD | 333 | 40 451 | 0,27 |
| First Republic Bank | USD | 421 | 60 332 | 0,40 |
| Foot Locker, Inc. | USD | 532 | 25 979 | 0,17 |
| Freeport-McMoRan, Inc. | USD | 2 122 | 59 121 | 0,40 |
| Gap, Inc. (The) | USD | 975 | 25 021 | 0,17 |
| Helmerich & Payne, Inc. | USD | 2 020 | 47 260 | 0,32 |
| Hess Corp. | USD | 1 278 | 77 361 | 0,52 |
| Hilton Worldwide Holdings, Inc. | USD | 595 | 61 901 | 0,41 |
| Home Depot, Inc. (The) | USD | 152 | 39 518 | 0,27 |
| JPMorgan Chase & Co. | USD | 572 | 75 349 | 0,51 |
| KeyCorp | USD | 1 515 | 25 943 | 0,17 |
| L Brands, Inc. | USD | 512 | 27 465 | 0,18 |
| Lam Research Corp. | USD | 127 | 62 016 | 0,42 |
| Lowe's Cos., Inc. | USD | 249 | 40 338 | 0,27 |
| Marathon Petroleum Corp. | USD | 1 236 | 56 460 | 0,38 |
| Marriott International, Inc. « A » | USD | 525 | 66 349 | 0,44 |
| McDonald’s Corp. | USD | 241 | 46 215 | 0,31 |
| MDC Holdings, Inc. | USD | 1 234 | 61 532 | 0,41 |
| Merck & Co., Inc. | USD | 602 | 39 485 | 0,26 |
| Microchip Technology, Inc. | USD | 297 | 38 013 | 0,26 |
| Micron Technology, Inc. | USD | 795 | 58 749 | 0,39 |
| Microsoft Corp. | USD | 302 | 59 794 | 0,40 |
| Morgan Stanley | USD | 1 214 | 81 825 | 0,55 |
| Nucor Corp. | USD | 989 | 67 755 | 0,45 |
| NVIDIA Corp. | USD | 123 | 53 990 | 0,36 |
| NVR, Inc. | USD | 12 | 48 225 | 0,32 |
| Phillips 66 | USD | 452 | 31 705 | 0,21 |
| Pioneer Natural Resources Co. | USD | 520 | 71 185 | 0,48 |
| Procter & Gamble Co. (The) | USD | 232 | 26 795 | 0,18 |
| PulteGroup, Inc. | USD | 1 236 | 55 565 | 0,37 |
| QUALCOMM, Inc. | USD | 379 | 42 032 | 0,28 |
| Raytheon Technologies Corp. | USD | 388 | 25 745 | 0,17 |
| Sherwin-Williams Co. (The) | USD | 57 | 36 265 | 0,24 |
| Southwest Airlines Co. | USD | 1 071 | 56 557 | 0,38 |
| SVB Financial Group | USD | 57 | 23 857 | 0,16 |
| Teradyne, Inc. | USD | 353 | 34 909 | 0,23 |
| Tri Pointe Homes, Inc. | USD | 3 063 | 53 573 | 0,36 |

| Jupiter Flexible Macro |  |  |  |  |
| --- | --- | --- | --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 (suite) |  |  |  |  |
|  |  | Quantité/ | Valeur |  |
|  |  | Valeur | de marché | % de |
| Investissements | Devise | nominale | EUR | l’actif net |
| Valeurs mobilières et instruments du marché monétaire admis |  |  |  |  |
| à la cote officielle d’une bourse de valeurs |  |  |  |  |
| Actions |  |  |  |  |
| États-Unis d'Amérique (suite) |  |  |  |  |
| Truist Financial Corp. | USD | 1 008 | 50 512 | 0,34 |
| Universal Display Corp. | USD | 262 | 51 130 | 0,34 |
| Valero Energy Corp. | USD | 488 | 29 860 | 0,20 |
| Visa, Inc. « A » | USD | 280 | 50 592 | 0,34 |
| Wells Fargo & Co. | USD | 775 | 26 024 | 0,17 |
| Zions Bancorp NA | USD | 544 | 25 934 | 0,17 |
|  |  |  | 3 277 015 | 21,93 |
| Total actions |  |  | 7 161 338 | 47,93 |
| Total Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  | 9 559 890 | 63,98 |
| Parts d’OPCVM autorisés ou autres organismes |  |  |  |  |
| de placement collectif |  |  |  |  |
| Organismes de placement collectif - AIF |  |  |  |  |
| Canada |  |  |  |  |
| Sprott Physical Silver Trust | USD | 116 000 | 858 508 | 5,74 |
|  |  |  | 858 508 | 5,74 |
| Jersey |  |  |  |  |
| 3i Infrastructure plc | GBP | 170 000 | 588 159 | 3,94 |
|  |  |  | 588 159 | 3,94 |
| Total Organismes de placement collectif - FIA |  |  | 1 446 667 | 9,68 |
| Collective Investment Schemes - UCITS |  |  |  |  |
| Luxembourg |  |  |  |  |
| The Jupiter Global Fund Jupiter Global Emerging Markets	USD | 4 954 | 437 095 | 2,92 |
| The Jupiter Global Fund Jupiter Japan Select - Catégorie I JPY Acc † | JPY | 6 641 | 694 408 | 4,65 |
|  |  |  | 1 131 503 | 7,57 |
| Total Organismes de placement collectif - OPCVM |  |  | 1 131 503 | 7,57 |
| Fonds négociés en Bourse |  |  |  |  |
| Jersey |  |  |  |  |
| WisdomTree Agriculture, Reg. S | USD | 160 250 | 668 380 | 4,47 |
| WisdomTree Copper | USD | 20 989 | 639 060 | 4,28 |
|  |  |  | 1 307 440 | 8,75 |
| Total Fonds négociés en Bourse |  |  | 1 307 440 | 8,75 |
| Total parts d’OPCVM autorisés ou autres organismes de placement collectif | 3 885 610 | 26,00 |
| Total Investissements | 13 445 500 | 89,98 |
| Espèces | 1 380 166 | 9,24 |
| Autres actifs/(passifs) | 117 302 | 0,78 |
| Total de l’actif net | 14 942 968 | 100,00 |
| † Compartiment d’une partie liée. |  |  |
| Les notes annexes font partie intégrante des présents états financiers. |  |  |

Corporate Bond - Catégorie I USD A Inc Dist
†
| Jupiter Flexible Macro |  |
| --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 (suite) |  |  |  |  |
| Contrats financiers à terme standardisés |  |  |  |  |
|  | Nombre de |  | Plus-value/ (moins-value) non réalisée | % de |
| Description du titre | contrats | Devise | EUR | l’actif net |
| Euro-BTP, 08/06/2021 | 10 | EUR | 4 714 | 0,03 |
| Euro-Buxl 30 Year Bond, 08/06/2021 | (9) | EUR | 6 177 | 0,04 |
| EURO STOXX 50 Index, 16/12/2022 | 15 | EUR | 35 175 | 0,24 |
| EURO STOXX Bank Index, 18/06/2021 | 113 | EUR | 5 678 | 0,04 |
| KOSPI 200 Index, 10/06/2021 | 13 | KRW | 443 | – |
| Indice MSCI Emerging Markets, 18/06/2021 | (19) | USD | 13 003 | 0,09 |
| NASDAQ 100 Emini Index, 18/06/2021 | (5) | USD | 2 984 | 0,02 |
| Russell 2000 Emini Index, 18/06/2021 | (7) | USD | 20 744 | 0,14 |
| S&P 500 Emini Index, 18/06/2021 | (6) | USD | 1 796 | 0,01 |
| US 10 Year Note, 21/06/2021 | (42) | USD | 27 135 | 0,18 |
| Plus-value totale non réalisée sur contrats financiers à terme standardisés - Actif	117 849	0,79 |
| CBOE Volatility Index, 19/05/2021 | 15 | USD | (46 947) | (0,31) |
| EURO STOXX 50 Index, 18/06/2021 | (39) | EUR | (27 990) | (0,19) |
| Foreign Exchange INR/USD, 28/04/2021 | 68 | USD | (8 134) | (0,06) |
| Foreign Exchange RUB/USD, 15/06/2021 | 54 | USD | (408) | – |
| MSCI Taiwan Index, 29/04/2021 | 5 | USD | (2 126) | (0,01) |
| SGX NIFTY 50 Index, 29/04/2021 | 30 | USD | (5 177) | (0,04) |
| Total moins-value non réalisée sur contrats financiers à terme standardisés - Passif | (90 782) | (0,61) |
| Plus-value nette non réalisée sur contrats financiers à terme standardisés - Actif | 27 067 | 0,18 |
|  |  |  |
| 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 |
| EUR | 76 225 | CHF | 84 275 | 28/05/2021 | HSBC | 55 | – |
| EUR | 230 113 | JPY | 29 752 381 | 28/05/2021 | HSBC | 1 154 | 0,01 |
| GBP | 12 | EUR | 14 | 06/04/2021 | J.P. Morgan | – | – |
| GBP | 1 745 705 | EUR | 2 035 496 | 15/04/2021 | J.P. Morgan | 11 540 | 0,08 |
| NOK | 11 300 000 | SEK | 11 321 165 | 30/04/2021 | HSBC | 24 136 | 0,16 |
| USD | 1 456 050 | EUR | 1 223 971 | 15/04/2021 | J.P. Morgan | 16 572 | 0,11 |
| Plus-value totale non réalisée sur contrats de change à terme - Actif	53 457	0,36 |
| CZK | 19 500 000 | HUF | 271 559 399 | 28/05/2021 | HSBC | (825) | (0,01) |
| EUR | 705 754 | AUD | 1 090 000 | 28/05/2021 | HSBC | (1 016) | (0,01) |
| EUR | 56 577 | GBP | 48 662 | 15/04/2021 | J.P. Morgan | (485) | (0,01) |
| EUR | 662 522 | GBP | 565 718 | 28/05/2021 | HSBC | (319) | – |
| EUR | 34 085 | USD | 40 508 | 15/04/2021 | J.P. Morgan | (427) | – |
| EUR | 2 623 222 | USD | 3 092 374 | 28/05/2021 | HSBC | (9 004) | (0,06) |
| USD | 1 752 427 | ZAR | 26 500 000 | 28/05/2021 | HSBC | (19 737) | (0,13) |
| Moins-value totale non réalisée sur contrats de change à terme - Passif | (31 813) | (0,22) |
| Plus-value nette non réalisée sur contrats de change à terme - Actif | 21 644 | 0,14 |

| Jupiter Flexible Macro |  |
| --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 (suite) |  |  |  |  |
| Contrats d’achat d’options |  |  |  |  |
|  |  |  | Valeur de marché | % de |
| Quantité	Description du titre | Devise | Contrepartie | EUR | l’actif net |
| 100	EURO STOXX 50 Index, Call, 3,975.000, 16/04/2021 | EUR | UBS | 17 000 | 0,11 |
| 16	S&P 500 Index, Call, 4,000.000, 16/04/2021 | USD | UBS | 37 154 | 0,25 |
| Valeur de marché totale sur Contrats d’option acquis - Actif |  |  | 54 154 | 0,36 |
| Les notes annexes font partie intégrante des présents états financiers. |  |  |  |  |

| Electricite de France SA, Reg. S 0% 14/09/2024 | EUR | 54 000 000 | 8 050 860 | 1,79 |
| --- | --- | --- | --- | --- |
| Kering SA, Reg. S 0% 30/09/2022 | EUR | 5 000 000 | 5 399 000 | 1,20 |
| Orpar SA, Reg. S 0% 20/06/2024 | EUR | 3 500 000 | 4 193 700 | 0,93 |
| Safran SA, Reg. S 0.875% 15/05/2027 | EUR | 3 700 000 | 5 246 915 | 1,16 |
| Schneider Electric SE, Reg. S 0% 15/06/2026 | EUR | 800 000 | 1 550 080 | 0,34 |
| Vinci SA, Reg. S 0,375% 16/02/2022 | USD | 5 600 000 | 5 468 411 | 1,21 |
|  |  |  | 40 330 680 | 8,95 |
| Allemagne |  |  |  |  |
| adidas AG, Reg. S 0,05% 12/09/2023 | EUR | 5 200 000 | 6 399 458 | 1,42 |
| Delivery Hero SE, Reg. S 0.25% 23/01/2024 | EUR | 2 300 000 | 2 968 265 | 0,66 |
| Delivery Hero SE, Reg. S 0.875% 15/07/2025 | EUR | 4 000 000 | 4 284 400 | 0,95 |
| Deutsche Lufthansa AG, Reg. S 2% 17/11/2025 | EUR | 5 000 000 | 6 018 150 | 1,33 |
| Deutsche Wohnen SE, Reg. S 0,325% 26/07/2024 | EUR | 3 700 000 | 3 958 926 | 0,88 |
| HelloFresh SE, Reg. S 0.75% 13/05/2025 | EUR | 3 000 000 | 4 488 855 | 1,00 |
| Zalando SE, Reg. S 0,05% 06/08/2025 | EUR | 4 000 000 | 4 817 260 | 1,07 |
|  |  |  | 32 935 314 | 7,31 |
| Hong Kong |  |  |  |  |
| Lenovo Group Ltd., Reg. S 3,375% 24/01/2024 | USD | 3 500 000 | 5 116 532 | 1,14 |
|  |  |  | 5 116 532 | 1,14 |
| Italie |  |  |  |  |
| Nexi SpA, Reg. S 0% 24/02/2028 | EUR | 6 000 000 | 5 723 403 | 1,27 |
| Pirelli & C SpA, Reg. S 0% 22/12/2025 | EUR | 4 000 000 | 4 308 080 | 0,96 |
|  |  |  | 10 031 483 | 2,23 |

| Jupiter Global Convertibles |  |  |  |  |
| --- | --- | --- | --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 |  |  |  |  |
|  |  | Quantité/ Valeur | Valeur de marché | % de |
| Investissements | Devise | nominale | EUR | l’actif net |
| Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  |  |  |
| Obligations convertibles |  |  |  |  |
| Australie |  |  |  |  |
| Afterpay Ltd., Reg. S 0% 12/03/2026 | AUD | 3 000 000 | 1 719 203 | 0,38 |
|  |  |  | 1 719 203 | 0,38 |
| Belgique |  |  |  |  |
| Umicore SA, Reg. S 0% 23/06/2025 | EUR | 4 000 000 | 4 230 040 | 0,94 |
|  |  |  | 4 230 040 | 0,94 |
| Îles Caïmans |  |  |  |  |
| Bosideng International Holdings Ltd., Reg. S 1% 17/12/2024 | USD | 3 500 000 | 2 934 811 | 0,65 |
| Cathay Pacific Finance III Ltd., Reg. S 2.75% 05/02/2026 | HKD | 26 000 000 | 3 157 762 | 0,70 |
| China Education Group Holdings Ltd., Reg. S 2% 28/03/2024 | HKD | 32 000 000 | 4 186 380 | 0,93 |
| ESR Cayman Ltd., Reg. S 1.5% 30/09/2025 | USD | 3 750 000 | 3 458 404 | 0,77 |
| Kingsoft Corp. Ltd., Reg. S 0.625% 29/04/2025 | HKD | 26 000 000 | 4 600 471 | 1,02 |
| Tequ Mayflower Ltd., Reg. S 0% 02/03/2026 | USD | 1 200 000 | 1 013 123 | 0,23 |
| Zhen Ding Technology Holding Ltd., Reg. S 0% 30/06/2025 | USD | 4 000 000 | 3 679 196 | 0,82 |
| Zhongsheng Group Holdings Ltd., Reg. S 0% 21/05/2025 | HKD | 33 000 000 | 5 014 540 | 1,11 |
|  |  |  | 28 044 687 | 6,23 |
| France |  |  |  |  |
| Accor SA, Reg. S 0.7% 07/12/2027 | EUR | 4 000 000 | 2 187 040 | 0,49 |
| Atos SE, Reg. S 0% 06/11/2024 | EUR | 4 200 000 | 5 131 287 | 1,14 |
| Cie Generale des Etablissements Michelin SCA, Reg. S 0% 10/01/2022 | USD | 3 400 000 | 3 103 387 | 0,69 |

| Jupiter Global Convertibles |  |
| --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 (suite) |  |  |  |  |
|  |  | Quantité/ Valeur | Valeur de marché | % de |
| Investissements | Devise | nominale | EUR | l’actif net |
| Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  |  |  |
| Obligations convertibles |  |  |  |  |
| Japon |  |  |  |  |
| EDION Corp., Reg. S 0% 19/06/2025 | JPY | 400 000 000 | 3 433 492 | 0,76 |
| MINEBEA MITSUMI, Inc., Reg. S 0% 03/08/2022 | JPY | 430 000 000 | 4 637 183 | 1,03 |
| SBI Holdings, Inc., Reg. S 0% 13/09/2023 | JPY | 300 000 000 | 2 497 756 | 0,55 |
| Sony Corp. 0% 30/09/2022 | JPY | 200 000 000 | 3 584 064 | 0,80 |
|  |  |  | 14 152 495 | 3,14 |
| Luxembourg |  |  |  |  |
| Citigroup Global Markets Funding Luxembourg SCA,	EUR | 2 200 000 | 2 282 654 | 0,51 |
| Citigroup Global Markets Funding Luxembourg SCA, Reg. S 0% 25/07/2024 | HKD | 23 000 000 | 3 045 088 | 0,68 |
| Global Fashion Group SA, Reg. S 1.25% 15/03/2028 | EUR | 4 000 000 | 3 911 200 | 0,87 |
| Lagfin SCA, Reg. S 2% 02/07/2025 | EUR | 3 000 000 | 3 404 505 | 0,75 |
|  |  |  | 12 643 447 | 2,81 |
| Pays-Bas |  |  |  |  |
| BE Semiconductor Industries NV, Reg. S 0.75% 05/08/2027 | EUR | 3 000 000 | 4 665 330 | 1,04 |
| Just Eat Takeaway.com NV, Reg. S 0% 09/08/2025 | EUR | 3 700 000 | 3 566 541 | 0,79 |
| STMicroelectronics NV, Reg. S 0% 04/08/2025 | USD | 6 200 000 | 6 432 784 | 1,43 |
|  |  |  | 14 664 655 | 3,26 |
| Singapour |  |  |  |  |
| SGX Treasury I Pte. Ltd., Reg. S 0% 01/03/2024 | EUR | 2 400 000 | 2 424 000 | 0,54 |
| Singapore Airlines Ltd., Reg. S 1.625% 03/12/2025 | SGD | 6 500 000 | 4 997 243 | 1,11 |
|  |  |  | 7 421 243 | 1,65 |
| Corée du Sud |  |  |  |  |
| Kakao Corp., Reg. S 0% 28/04/2023 | USD | 4 800 000 | 4 966 117 | 1,10 |
|  |  |  | 4 966 117 | 1,10 |
| Espagne |  |  |  |  |
| Amadeus IT Group SA, Reg. S 1.5% 09/04/2025 | EUR | 4 200 000 | 5 860 549 | 1,30 |
|  |  |  | 5 860 549 | 1,30 |
| Suède |  |  |  |  |
| Geely Sweden Financials Holding AB, Reg. S 0% 19/06/2024 | EUR | 4 000 000 | 5 195 360 | 1,15 |
|  |  |  | 5 195 360 | 1,15 |
| Suisse |  |  |  |  |
| Sika AG, Reg. S 0,15% 05/06/2025 | CHF | 4 500 000 | 6 003 846 | 1,33 |
|  |  |  | 6 003 846 | 1,33 |
| Taïwan |  |  |  |  |
| Win Semiconductors Corp., Reg. S 0% 14/01/2026 | USD | 7 600 000 | 7 304 860 | 1,62 |
|  |  |  | 7 304 860 | 1,62 |
| États-Unis |  |  |  |  |
| JPMorgan Chase Bank NA, Reg. S 0% 18/09/2022 | EUR | 3 000 000 | 3 942 628 | 0,88 |
| JPMorgan Chase Bank NA, Reg. S 0% 28/12/2023 | USD | 3 500 000 | 3 207 248 | 0,71 |
| JPMorgan Chase Bank NA, Reg. S 0% 18/02/2024 | EUR | 2 900 000 | 3 307 508 | 0,73 |
|  |  |  | 10 457 384 | 2,32 |
| Les notes annexes font partie intégrante des présents états financiers. |  |  |  |  |

Reg. S 0.5% 04/08/2023
| Jupiter Global Convertibles |  |  |  |  |
| --- | --- | --- | --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 (suite) |  |  |  |  |
|  |  | Quantité/ Valeur | Valeur de marché | % de |
| Investissements | Devise | nominale | EUR | l’actif net |
| Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  |  |  |
| Obligations convertibles |  |  |  |  |
| Îles Vierges britanniques |  |  |  |  |
| Zhongsheng Group Holdings Ltd., Reg. S 0% 26/08/2023 | USD | 3 000 000 | 2 999 041 | 0,67 |
| ANLLIAN Capital Ltd., Reg. S 0% 05/02/2025 | EUR | 3 700 000 | 4 743 210 | 1,05 |
| China Conch Venture Holdings International Ltd., Reg. S 0% 05/09/2023 | HKD | 31 000 000 | 3 901 795 | 0,87 |

| Smart Insight International Ltd., Reg. S 4.5% 05/12/2023 | HKD | 32 000 000 | 4 111 842 | 0,91 |
| --- | --- | --- | --- | --- |
|  |  |  | 15 755 888 | 3,50 |
| Total Obligations convertibles |  |  | 226 833 783 | 50,36 |
| Total Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  | 226 833 783 | 50,36 |
| Valeurs mobilières et instruments du marché monétaire |  |  |  |  |
| négociés sur un autre marché réglementé |  |  |  |  |
| Obligations convertibles |  |  |  |  |
| Bermudes |  |  |  |  |
| Jazz Investments I Ltd., 144A 2% 15/06/2026 | USD | 5 500 000 | 6 101 672 | 1,35 |
|  |  |  | 6 101 672 | 1,35 |
| Canada |  |  |  |  |
| Shopify, Inc. 0.125% 01/11/2025 | USD | 1 000 000 | 948 551 | 0,21 |
|  |  |  | 948 551 | 0,21 |
| Îles Caïmans |  |  |  |  |
| iQIYI, Inc. 2% 01/04/2025 | USD | 5 000 000 | 3 988 496 | 0,89 |
| NIO, Inc., 144A 0% 01/02/2026 | USD | 3 500 000 | 2 527 695 | 0,56 |
|  |  |  | 6 516 191 | 1,45 |
| Israël |  |  |  |  |
| CyberArk Software Ltd. 0% 15/11/2024 | USD | 4 000 000 | 3 662 207 | 0,81 |
| Fiverr International Ltd., 144A 0% 01/11/2025 | USD | 2 500 000 | 2 537 921 | 0,57 |
|  |  |  | 6 200 128 | 1,38 |
| Japon |  |  |  |  |
| CyberAgent, Inc., Reg. S 0% 19/02/2025 | JPY | 520 000 000 | 5 626 776 | 1,25 |
| Medipal Holdings Corp., Reg. S 0% 07/10/2022 | JPY | 500 000 000 | 4 135 849 | 0,92 |
| Menicon Co. Ltd., Reg. S 0% 29/01/2025 | JPY | 450 000 000 | 3 832 452 | 0,85 |
| Senko Group Holdings Co. Ltd., Reg. S 0% 18/03/2025 | JPY | 500 000 000 | 4 095 550 | 0,91 |
| Ship Healthcare Holdings, Inc., Reg. S 0% 13/12/2023 | JPY | 430 000 000 | 4 141 347 | 0,92 |
| Yaoko Co. Ltd., Reg. S 0% 20/06/2024 | JPY | 300 000 000 | 2 771 326 | 0,61 |
|  |  |  | 24 603 300 | 5,46 |
| Liberia |  |  |  |  |
| Royal Caribbean Cruises Ltd., 144A 4.25% 15/06/2023 | USD | 4 000 000 | 4 801 023 | 1,07 |
|  |  |  | 4 801 023 | 1,07 |
| États-Unis |  |  |  |  |
| Akamai Technologies, Inc. 0,125% 01/05/2025 | USD | 7 000 000 | 7 206 540 | 1,60 |
| American Airlines Group, Inc. 6.5% 01/07/2025 | USD | 2 000 000 | 2 951 853 | 0,65 |
| Booking Holdings, Inc., 144A 0.75% 01/05/2025 | USD | 3 500 000 | 4 403 707 | 0,98 |
| Burlington Stores, Inc., 144A 2.25% 15/04/2025 | USD | 3 500 000 | 4 555 816 | 1,01 |
| Chegg, Inc., 144A 0% 01/09/2026 | USD | 2 700 000 | 2 449 212 | 0,54 |
| Dexcom, Inc., 144A 0.25% 15/11/2025 | USD | 2 750 000 | 2 292 155 | 0,51 |
| DISH Network Corp., 144A 0% 15/12/2025 | USD | 4 000 000 | 3 580 741 | 0,79 |
| Dropbox, Inc., 144A 0% 01/03/2028 | USD | 2 000 000 | 1 754 367 | 0,39 |

| Jupiter Global Convertibles |  |  |  |  |
| --- | --- | --- | --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 (suite) |  |  |  |  |
|  |  | Quantité/ Valeur | Valeur de marché | % de |
| Investissements | Devise | nominale | EUR | l’actif net |
| Valeurs mobilières et instruments du marché monétaire admis à la cote officielle d’une bourse de valeurs |  |  |  |  |
| Obligations convertibles |  |  |  |  |
| États-Unis d'Amérique (suite) |  |  |  |  |
| Fastly, Inc., 144A 0% 15/03/2026 | USD | 500 000 | 421 549 | 0,09 |
| Five9, Inc., 144A 0.5% 01/06/2025 | USD | 3 000 000 | 3 355 347 | 0,74 |
| Ford Motor Co., 144A 0% 15/03/2026 | USD | 2 500 000 | 2 159 672 | 0,48 |
| Fortive Corp. 0,875% 15/02/2022 | USD | 5 000 000 | 4 345 974 | 0,96 |
| FTI Consulting, Inc. 2% 15/08/2023 | USD | 3 750 000 | 4 676 715 | 1,04 |
| Illumina, Inc. 0% 15/08/2023 | USD | 5 000 000 | 5 030 358 | 1,12 |
| Insight Enterprises, Inc. 0.75% 15/02/2025 | USD | 5 000 000 | 6 250 533 | 1,39 |
| InterDigital, Inc. 2% 01/06/2024 | USD | 5 250 000 | 4 759 001 | 1,06 |
| JetBlue Airways Corp., 144A 0.5% 01/04/2026 | USD | 3 000 000 | 2 792 927 | 0,62 |
| JPMorgan Chase Bank NA, 144A 0.125% 01/01/2023 | USD | 4 750 000 | 4 538 709 | 1,01 |
| Kaman Corp. 3,25% 01/05/2024 | USD | 6 000 000 | 5 601 193 | 1,24 |
| KBR, Inc. 2,5% 01/11/2023 | USD | 4 600 000 | 6 097 891 | 1,35 |
| Liberty Media Corp., 144A 2,125% 31/03/2048 | USD | 6 000 000 | 5 294 930 | 1,17 |
| Live Nation Entertainment, Inc. 2,5% 15/03/2023 | USD | 6 000 000 | 7 103 877 | 1,58 |
| LivePerson, Inc., 144A 0% 15/12/2026 | USD | 3 000 000 | 2 564 300 | 0,57 |
| MACOM Technology Solutions Holdings, Inc., 144A 0.25% 15/03/2026 | USD | 500 000 | 427 890 | 0,09 |

| Microchip Technology, Inc. 1.625% 15/02/2027 | USD | 2 000 000 | 3 767 576 | 0,84 |
| --- | --- | --- | --- | --- |
| Middleby Corp. (The), 144A 1% 01/09/2025 | USD | 4 000 000 | 4 827 439 | 1,07 |
| Omnicell, Inc., 144A 0.25% 15/09/2025 | USD | 4 000 000 | 4 853 004 | 1,08 |
| ON Semiconductor Corp. 1.625% 15/10/2023 | USD | 2 850 000 | 4 857 265 | 1,08 |
| Palo Alto Networks, Inc. 0,75% 01/07/2023 | USD | 6 900 000 | 7 693 779 | 1,71 |
| Pioneer Natural Resources Co., 144A 0.25% 15/05/2025 | USD | 4 600 000 | 6 220 878 | 1,38 |
| Rapid7, Inc., 144A 0.25% 15/03/2027 | USD | 1 000 000 | 838 320 | 0,19 |
| Repay Holdings Corp., 144A 0% 01/02/2026 | USD | 2 500 000 | 2 075 565 | 0,46 |
| Shift4 Payments, Inc., 144A 0% 15/12/2025 | USD | 2 750 000 | 2 933 724 | 0,65 |
| Southwest Airlines Co. 1.25% 01/05/2025 | USD | 3 300 000 | 4 893 055 | 1,09 |
| Splunk, Inc. 0,5% 15/09/2023 | USD | 5 000 000 | 4 817 320 | 1,07 |
| Square, Inc., 144A 0,125% 01/03/2025 | USD | 2 400 000 | 3 779 719 | 0,84 |
| Square, Inc., 144A 0% 01/05/2026 | USD | 2 500 000 | 2 323 392 | 0,52 |
| Synaptics, Inc. 0,5% 15/06/2022 | USD | 3 750 000 | 5 702 093 | 1,27 |
| Uber Technologies, Inc., 144A 0% 15/12/2025 | USD | 2 500 000 | 2 230 241 | 0,49 |
| Winnebago Industries, Inc. 1.5% 01/04/2025 | USD | 4 750 000 | 5 623 802 | 1,25 |
| Workday, Inc. 0.25% 01/10/2022 | USD | 2 500 000 | 3 608 436 | 0,80 |
| Zynga, Inc. 0.25% 01/06/2024 | USD | 4 500 000 | 5 215 168 | 1,16 |
|  |  |  | 170 876 033 | 37,93 |
| Total Obligations convertibles |  |  | 220 046 898 | 48,85 |
| Total des valeurs mobilières et instruments du marché |  |  |  |  |
| monétaire négociés sur un autre marché réglementé |  |  |
| Total Investissements | 446 880 681 | 99,21 |
| Espèces | 4 055 293 | 0,90 |
| Autres actifs/(passifs) | (498 112) | (0,11) |
| Total de l’actif net | 450 437 862 | 100,00 |
| Les notes annexes font partie intégrante des présents états financiers. |  |  |

220 046 898	48,85
| Jupiter Global Convertibles |  |
| --- | --- |
| Composition du portefeuille-titres au 31 mars 2021 (suite) |  |  |  |  |
| Contrats financiers à terme standardisés |  |  |  |  |
|  | Nombre de |  | Plus-value/ (moins-value) non réalisée | % de |
| Description du titre | contrats | Devise | EUR | l’actif net |
| S&P 500 Emini Index, 18/06/2021 | (56) | USD | 28 573 | 0,01 |
| Plus-value totale non réalisée sur contrats financiers à terme standardisés - Actif |  | 28 573 | 0,01 |
| EURO STOXX 50 Index, 18/06/2021	(122) | EUR | (79 300) | (0,02) |
| Total moins-value non réalisée sur contrats financiers à terme standardisés - Passif |  | (79 300) | (0,02) |
| Moins-value nette non réalisée sur contrats financiers à terme standardisés - Passif |  | (50 727) | (0,01) |
|  |  |  |  |
| 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 |
| CHF | 211 074 179 | EUR | 190 624 333 | 15/04/2021 | J.P. Morgan | 99 595 | 0,02 |
| CHF | 716 113 | EUR | 645 841 | 23/04/2021 | HSBC | 1 262 | – |
| EUR | 93 947 | CHF | 103 934 | 01/04/2021 | J.P. Morgan | 39 | – |
| EUR | 50 521 | CHF | 55 833 | 06/04/2021 | J.P. Morgan | 74 | – |
| EUR | 1 543 392 | CHF | 1 706 671 | 15/04/2021 | J.P. Morgan | 1 266 | – |
| EUR | 13 727 | GBP | 11 684 | 01/04/2021 | J.P. Morgan | 24 | – |
| EUR | 36 666 086 | JPY | 4 731 556 728 | 23/04/2021 | J.P. Morgan | 238 203 | 0,05 |
| EUR | 247 | USD | 290 | 06/04/2021 | J.P. Morgan | – | – |
| GBP | 43 391 974 | EUR | 50 591 652 | 15/04/2021 | J.P. Morgan | 290 346 | 0,06 |
| USD | 14 202 298 | EUR | 11 937 996 | 15/04/2021 | J.P. Morgan | 162 250 | 0,04 |
| USD | 2 754 960 | EUR | 2 339 001 | 23/04/2021 | HSBC | 7 808 | – |
| USD | 4 932 256 | EUR | 4 181 040 | 23/04/2021 | J.P. Morgan | 20 496 | 0,01 |
| Plus-value totale non réalisée sur contrats de change à terme - Actif	821 363	0,18 |
| CHF | 2 691 008 | EUR | 2 437 018 | 15/04/2021 | J.P. Morgan | (5 457) | – |
| EUR | 1 940 234 | AUD | 3 000 000 | 23/04/2021 | J.P. Morgan | (6 236) | – |
| EUR | 4 271 636 | CHF | 4 730 067 | 15/04/2021 | J.P. Morgan | (2 392) | – |
| EUR | 5 884 877 | CHF | 6 516 150 | 23/04/2021 | J.P. Morgan | (3 337) | – |
| EUR | 103 248 | GBP | 88 096 | 06/04/2021 | J.P. Morgan | (71) | – |
| EUR | 3 826 988 | GBP | 3 278 616 | 15/04/2021 | J.P. Morgan | (17 561) | (0,01) |
| EUR | 29 371 407 | HKD | 270 938 891 | 23/04/2021 | J.P. Morgan | (318 263) | (0,07) |
| EUR | 4 186 539 | SGD | 6 679 250 | 23/04/2021 | J.P. Morgan | (44 151) | (0,01) |
| EUR | 10 640 | USD | 12 524 | 01/04/2021 | J.P. Morgan | (33) | – |
| EUR | 338 746 | USD | 401 447 | 15/04/2021 | J.P. Morgan | (3 283) | – |
| EUR | 609 187 | USD | 720 332 | 23/04/2021 | HSBC | (4 427) | – |
| EUR | 252 588 205 | USD | 300 025 533 | 23/04/2021 | J.P. Morgan | (2 988 161) | (0,66) |
| GBP | 11 684 | EUR | 13 724 | 15/04/2021 | J.P. Morgan | (23) | – |
| USD | 290 | EUR | 247 | 15/04/2021 | J.P. Morgan | – | – |
| USD | 5 000 000 | EUR | 4 262 399 | 23/04/2021 | J.P. Morgan | (3 156) | – |
| Moins-value totale non réalisée sur contrats de change à terme - Passif | (3 396 551) | (0,75) |
| Moins-value nette non réalisée sur contrats de change à terme - Passif | (2 575 188) | (0,57) |
| Les notes annexes font partie intégrante des présents états financiers. |  |  |