# 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 |  |  |  |  |  |  |
| Belgium |  |  |  |  |  |  |
| AGEAS SA NV | 4,275 | EUR | 46.80 | 200,070.00 | 0.27% | 0.27% |
| ANHEUSER-BUSCH INBEV | 1,145 | EUR | 60.81 | 69,627.45 | 0.10% | 0.09% |
| DIETEREN GROUP | 3,293 | EUR | 102.00 | 335,886.00 | 0.46% | 0.45% |
| ELIA GROUP | 1,700 | EUR | 89.00 | 151,300.00 | 0.21% | 0.20% |
| EVS NEW | 6,935 | EUR | 17.70 | 122,749.50 | 0.17% | 0.17% |
| FAGRON | 7,524 | EUR | 18.83 | 141,676.92 | 0.19% | 0.19% |
| GALAPAGOS GENOMICS | 1,400 | EUR | 58.48 | 81,872.00 | 0.11% | 0.11% |
| KBC | 7,050 | EUR | 64.30 | 453,315.00 | 0.62% | 0.61% |
| KINEPOLIS GROUP SA | 5,160 | EUR | 45.52 | 234,883.20 | 0.32% | 0.32% |
| MELEXIS | 2,590 | EUR | 87.55 | 226,754.50 | 0.31% | 0.30% |
| RECTICEL | 11,700 | EUR | 14.20 | 166,140.00 | 0.23% | 0.22% |
| SOFINA | 680 | EUR | 363.80 | 247,384.00 | 0.34% | 0.33% |
| SOLVAY | 1,744 | EUR | 107.20 | 186,956.80 | 0.26% | 0.25% |
| TELENET GROUP HOLD | 6,475 | EUR | 31.74 | 205,516.50 | 0.28% | 0.28% |
| UCB | 1,910 | EUR | 88.16 | 168,385.60 | 0.23% | 0.23% |
| UMICORE S.A. | 3,450 | EUR | 51.50 | 177,675.00 | 0.24% | 0.24% |
| WAREHOUSES DE PAUW | 5,880 | EUR | 32.20 | 189,336.00 | 0.26% | 0.25% |
| Switzerland |  |  |  | 3,359,528.47 |  | 4.60% | 4.52% |
| BB BIOTECH N | 2,375 | CHF | 87.00 | 188,492.06 | 0.26% | 0.25% |
| NESTLE NOM | 1,835 | CHF | 115.22 | 192,874.20 | 0.26% | 0.26% |
| ROCHE HOLDING -GE- | 620 | CHF | 348.55 | 197,136.47 | 0.27% | 0.27% |
| SIG COMB GRP | 7,650 | CHF | 25.14 | 175,443.35 | 0.24% | 0.24% |
| Germany (Federal Republic) |  |  |  | 753,946.08 |  | 1.03% | 1.01% |
| ALLIANZ-NOM- | 720 | EUR | 210.30 | 151,416.00 | 0.21% | 0.20% |
| BEIERSDORF | 1,540 | EUR | 101.75 | 156,695.00 | 0.21% | 0.21% |
| BMW | 2,825 | EUR | 89.31 | 252,300.75 | 0.35% | 0.34% |
| CEWE STIFT | 1,600 | EUR | 130.60 | 208,960.00 | 0.29% | 0.28% |
| COVESTRO | 2,000 | EUR | 54.46 | 108,920.00 | 0.15% | 0.15% |
| CTS EVENTIM | 2,800 | EUR | 52.70 | 147,560.00 | 0.20% | 0.20% |
| DERMAPHARM HOLDING | 2,155 | EUR | 67.25 | 144,923.75 | 0.20% | 0.19% |
| DEUTSCHE TELEKOM NOM | 12,645 | EUR | 17.81 | 225,232.74 | 0.31% | 0.30% |
| DEUTSCHE WOHNEN | 2,470 | EUR | 51.58 | 127,402.60 | 0.17% | 0.17% |
| HANNOVER RUECK SE | 1,250 | EUR | 141.10 | 176,375.00 | 0.24% | 0.24% |
| HELLOFRESH SE | 1,750 | EUR | 81.98 | 143,465.00 | 0.20% | 0.19% |
| INFINEON | 8,350 | EUR | 33.82 | 282,397.00 | 0.39% | 0.38% |
| LEIFHEIT AG | 4,500 | EUR | 46.90 | 211,050.00 | 0.29% | 0.28% |
| MERCK | 1,682 | EUR | 161.70 | 271,979.40 | 0.37% | 0.37% |
| RATIONAL | 200 | EUR | 764.00 | 152,800.00 | 0.21% | 0.21% |
| SAP | 2,345 | EUR | 118.84 | 278,679.80 | 0.38% | 0.37% |
| VARTA AG | 1,809 | EUR | 130.00 | 235,170.00 | 0.32% | 0.32% |
| VIB VERMOEGEN AG | 4,933 | EUR | 35.80 | 176,601.40 | 0.24% | 0.24% |
| Denmark |  |  |  | 3,451,928.44 |  | 4.73% | 4.64% |
| DSV PANALPINA | 1,315 | DKK | 1,462.50 | 258,623.30 | 0.35% | 0.35% |
| ORSTED | 2,110 | DKK | 880.00 | 249,695.75 | 0.34% | 0.34% |
| Spain |  |  |  | 508,319.05 |  | 0.70% | 0.68% |
| AMADEUS IT GROUP SA | 4,270 | EUR | 59.32 | 253,296.40 | 0.35% | 0.34% |
| CELLNEX TELECOM | 8,055 | EUR | 53.72 | 432,714.60 | 0.59% | 0.58% |
| IBERDROLA SA | 25,307 | EUR | 10.28 | 260,155.96 | 0.36% | 0.35% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Finland |  |  |  | 946,166.96 |  | 1.30% | 1.27% |
| KONECRANES PLC | 6,110 | EUR | 35.52 | 217,027.20 | 0.30% | 0.29% |
| SAMPO OYJ | 4,530 | EUR | 38.76 | 175,582.80 | 0.24% | 0.24% |
| France |  |  |  | 392,610.00 |  | 0.54% | 0.53% |
| AIR LIQUIDE | 1,263 | EUR | 147.66 | 186,494.58 | 0.26% | 0.25% |
| ALSTOM | 4,092 | EUR | 42.59 | 174,278.28 | 0.24% | 0.23% |
| ALTEN SA | 2,150 | EUR | 111.80 | 240,370.00 | 0.33% | 0.32% |
| AMUNDI | 2,075 | EUR | 74.35 | 154,276.25 | 0.21% | 0.21% |
| CAPGEMINI | 1,660 | EUR | 162.00 | 268,920.00 | 0.37% | 0.36% |
| CIE DES ALPES | 16,750 | EUR | 13.54 | 226,795.00 | 0.31% | 0.31% |
| HERMES | 248 | EUR | 1,228.50 | 304,668.00 | 0.42% | 0.41% |
| L OREAL | 550 | EUR | 375.80 | 206,690.00 | 0.28% | 0.28% |
| ORPEA | 1,625 | EUR | 107.25 | 174,281.25 | 0.24% | 0.23% |
| PLASTIC OMNIUM | 4,700 | EUR | 26.34 | 123,798.00 | 0.17% | 0.17% |
| SANOFI | 1,710 | EUR | 88.36 | 151,095.60 | 0.21% | 0.20% |
| SCHNEIDER ELECTRIC | 1,580 | EUR | 132.68 | 209,634.40 | 0.29% | 0.28% |
| TELEPERFORMANCE | 555 | EUR | 342.30 | 189,976.50 | 0.26% | 0.26% |
| VINCI | 1,679 | EUR | 89.99 | 151,093.21 | 0.21% | 0.20% |
| United Kingdom |  |  |  | 2,762,371.07 |  | 3.78% | 3.71% |
| ASTRAZENECA | 2,668 | GBP | 86.83 | 269,861.31 | 0.37% | 0.36% |
| BEAZLEY PLC | 38,500 | GBP | 3.32 | 149,075.66 | 0.20% | 0.20% |
| CRODA INTERNATIONAL | 1,874 | GBP | 73.68 | 160,843.75 | 0.22% | 0.22% |
| DS SMITH PLC | 51,000 | GBP | 4.18 | 248,271.89 | 0.34% | 0.33% |
| INTEGRAFIN | 24,740 | GBP | 5.15 | 148,419.83 | 0.20% | 0.20% |
| PETS AT HOME GROUP | 35,000 | GBP | 4.56 | 185,916.48 | 0.25% | 0.25% |
| Ireland |  |  |  | 1,162,388.92 |  | 1.59% | 1.56% |
| KERRY | 1,300 | EUR | 117.80 | 153,140.00 | 0.21% | 0.21% |
| KINGSPAN GROUP PLC | 2,405 | EUR | 79.64 | 191,534.20 | 0.26% | 0.26% |
| TRANE TECHNOLOGIES | 1,820 | USD | 184.14 | 282,599.54 | 0.39% | 0.38% |
| Italy |  |  |  | 627,273.74 |  | 0.86% | 0.84% |
| ANIMA HOLDING | 38,500 | EUR | 4.19 | 161,353.50 | 0.22% | 0.22% |
| AUTOGRILL | 34,745 | EUR | 6.18 | 214,724.10 | 0.29% | 0.29% |
| BANCA GENERALI SPA | 7,335 | EUR | 35.98 | 263,913.30 | 0.36% | 0.35% |
| BREMBO SPA | 18,010 | EUR | 10.68 | 192,346.80 | 0.26% | 0.26% |
| BUZZI UNICEM | 7,750 | EUR | 22.37 | 173,367.50 | 0.24% | 0.23% |
| CAREL INDUSTR | 9,000 | EUR | 20.25 | 182,250.00 | 0.25% | 0.25% |
| DE LONGHI | 6,175 | EUR | 36.74 | 226,869.50 | 0.31% | 0.31% |
| ENEL NEW | 28,250 | EUR | 7.83 | 221,254.00 | 0.30% | 0.30% |
| INTERPUMP GROUP SPA | 5,795 | EUR | 49.94 | 289,402.30 | 0.40% | 0.39% |
| INTESA SANPAOLO | 124,800 | EUR | 2.33 | 290,721.60 | 0.40% | 0.39% |
| MEDIOBANCA | 35,112 | EUR | 9.85 | 345,853.20 | 0.47% | 0.47% |
| MONCLER SPA | 4,800 | EUR | 57.06 | 273,888.00 | 0.38% | 0.37% |
| PIRELLI C S.P.A. | 45,100 | EUR | 4.90 | 220,809.60 | 0.30% | 0.30% |
| PRYSMIAN SPA | 8,767 | EUR | 30.23 | 265,026.41 | 0.36% | 0.36% |
| REPLY S.P.A. | 1,615 | EUR | 138.60 | 223,839.00 | 0.31% | 0.30% |
| Luxembourg (Grand Duchy) |  |  |  | 3,545,618.81 |  | 4.86% | 4.77% |
| SOLUTIONS 30 SE | 10,000 | EUR | 5.83 | 58,300.00 | 0.08% | 0.08% |
| STABILUS SA | 2,750 | EUR | 68.55 | 188,512.50 | 0.26% | 0.25% |
| Netherlands |  |  |  | 246,812.50 |  | 0.34% | 0.33% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| ADYEN N.V. | 102 | EUR | 2,060.50 | 210,171.00 |  | 0.29% | 0.28% |
| ASM INTERNATIONAL | 1,085 | EUR | 277.00 | 300,545.00 | 0.41% | 0.40% |
| ASML HOLDING NV | 548 | EUR | 579.40 | 317,511.20 | 0.43% | 0.43% |
| BASIC-FIT | 3,930 | EUR | 36.06 | 141,715.80 | 0.19% | 0.19% |
| CTP B.V. | 13,500 | EUR | 17.00 | 229,500.00 | 0.31% | 0.31% |
| DSM | 1,133 | EUR | 157.40 | 178,334.20 | 0.24% | 0.24% |
| FERRARI NV | 1,335 | EUR | 174.00 | 232,290.00 | 0.32% | 0.31% |
| IMCD N.V. | 1,905 | EUR | 134.10 | 255,460.50 | 0.35% | 0.34% |
| ING GROUP | 20,000 | EUR | 11.14 | 222,800.00 | 0.31% | 0.30% |
| KPN NEW | 65,050 | EUR | 2.63 | 171,341.70 | 0.23% | 0.23% |
| PROSUS NV | 1,920 | EUR | 82.47 | 158,342.40 | 0.22% | 0.21% |
| RANDSTAD N.V. | 2,900 | EUR | 64.50 | 187,050.00 | 0.26% | 0.25% |
| STELLANTIS N.V. | 12,087 | EUR | 16.55 | 200,088.20 | 0.27% | 0.27% |
| Norway |  |  |  | 2,805,150.00 |  | 3.84% | 3.77% |
| DNB HOLDING -A- | 10,500 | NOK | 187.60 | 193,024.92 | 0.26% | 0.26% |
| TOMRA NEW | 5,600 | NOK | 475.00 | 260,659.10 | 0.36% | 0.35% |
| Sweden |  |  |  | 453,684.02 |  | 0.62% | 0.61% |
| ATLAS COPCO-A RG | 3,690 | SEK | 524.00 | 190,648.79 | 0.26% | 0.26% |
| United States of America |  |  |  | 190,648.79 |  | 0.26% | 0.26% |
| ADOBE INC | 367 | USD | 585.64 | 181,237.78 | 0.25% | 0.24% |
| AGILENT | 2,190 | USD | 147.81 | 272,960.54 | 0.37% | 0.37% |
| ALPHABET INC -A- | 108 | USD | 2,441.79 | 222,373.99 | 0.30% | 0.30% |
| AMAZON COM | 82 | USD | 3,440.16 | 237,872.60 | 0.33% | 0.32% |
| APPLE | 3,870 | USD | 136.96 | 446,947.63 | 0.61% | 0.60% |
| AUTOZONE | 205 | USD | 1,492.22 | 257,951.85 | 0.35% | 0.35% |
| CATERPILLAR | 1,640 | USD | 217.63 | 300,963.99 | 0.41% | 0.40% |
| DOLLAR TREE | 2,575 | USD | 99.50 | 216,048.99 | 0.30% | 0.29% |
| HOME DEPOT | 1,015 | USD | 318.89 | 272,934.78 | 0.37% | 0.37% |
| METLIFE | 4,404 | USD | 59.85 | 222,261.07 | 0.30% | 0.30% |
| MICROSOFT | 1,795 | USD | 270.90 | 410,039.21 | 0.56% | 0.55% |
| NIKE INC -B- | 1,875 | USD | 154.49 | 244,260.69 | 0.33% | 0.33% |
| PFIZER | 7,265 | USD | 39.16 | 239,899.99 | 0.33% | 0.32% |
| PTC INC | 2,400 | USD | 141.26 | 285,879.08 | 0.39% | 0.38% |
| ROSS STORES | 2,065 | USD | 124.00 | 215,920.40 | 0.30% | 0.29% |
| SALESFORCE.COM | 990 | USD | 244.29 | 203,935.41 | 0.28% | 0.27% |
| SCHWAB | 3,050 | USD | 72.81 | 187,259.04 | 0.26% | 0.25% |
| SERVICENOW INC | 546 | USD | 549.55 | 253,018.21 | 0.35% | 0.34% |
| SPLUNK INC | 950 | USD | 144.58 | 115,820.05 | 0.16% | 0.16% |
| SYNOPSYS | 1,240 | USD | 275.79 | 288,371.36 | 0.40% | 0.39% |
| WALT DISNEY | 1,565 | USD | 175.77 | 231,958.89 | 0.32% | 0.31% |
| WASTE | 1,935 | USD | 140.11 | 228,613.58 | 0.31% | 0.31% |
|  |  |  |  | 5,536,529.13 |  | 7.59% | 7.45% |
| Total - Shares |  |  |  | 26,742,975.98 | 36.64% | 35.97% |
| Bonds and other debt securities |  |  |  |  |  |  |
| State |  |  |  |  |  |  |
| Belgium |  |  |  |  |  |  |
| BELOLO31 5,50 97-28 | 500,000 | EUR | 140.05 | 700,245.00 | 0.96% | 0.94% |
| BELOLO34 3,00 14-34 | 400,000 | EUR | 135.10 | 540,402.00 | 0.74% | 0.73% |
| Germany (Federal Republic) |  |  |  | 1,240,647.00 |  | 1.70% | 1.67% |
| GERMANY 0.10 12-23 | 850,000 | EUR | 102.78 | 963,082.25 | 1.32% | 1.30% |
| GERMANY 5,50 00-31 | 750,000 | EUR | 156.83 | 1,176,243.75 | 1.61% | 1.58% |
|  |  |  |  | 2,139,326.00 |  | 2.93% | 2.88% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Spain |  |  |  |  |  |  |  |
| SPAIN 0,60 19-29 | 1,450,000 | EUR | 103.16 | 1,495,754.75 | 2.05% | 2.01% |
| SPAIN 1,60 15-25 | 2,650,000 | EUR | 107.63 | 2,852,102.25 | 3.91% | 3.84% |
| SPAIN 2,90 16-46 | 1,000,000 | EUR | 135.14 | 1,351,355.00 | 1.85% | 1.82% |
| SPAIN 4,20 05-37 | 1,260,000 | EUR | 149.45 | 1,883,032.20 | 2.58% | 2.53% |
| SPAIN KING 1,8 13-24 | 650,000 | EUR | 112.44 | 779,169.09 | 1.07% | 1.05% |
| France |  |  |  | 8,361,413.29 |  | 11.46% | 11.24% |
| FRANCE 2,50 13-30 | 3,800,000 | EUR | 122.76 | 4,664,823.00 | 6.39% | 6.27% |
| FRA OAT 4,00 06-38 | 800,000 | EUR | 158.77 | 1,270,156.00 | 1.74% | 1.71% |
| Ireland |  |  |  | 5,934,979.00 |  | 8.13% | 7.98% |
| IRISH TREA 1,0 16-26 | 1,500,000 | EUR | 106.89 | 1,603,387.50 | 2.20% | 2.16% |
| Italy |  |  |  | 1,603,387.50 |  | 2.20% | 2.16% |
| ITA BTP 6,50 97-27 | 2,500,000 | EUR | 138.63 | 3,465,737.50 | 4.75% | 4.66% |
| ITALY 2,00 18-28 | 2,300,000 | EUR | 110.61 | 2,543,949.50 | 3.49% | 3.42% |
| ITALY 4,75 13-28 | 2,400,000 | EUR | 130.23 | 3,125,484.00 | 4.28% | 4.20% |
| Portugal |  |  |  | 9,135,171.00 |  | 12.52% | 12.29% |
| PORTUGAL 3,875 14-30 | 350,000 | EUR | 131.85 | 461,480.25 | 0.63% | 0.62% |
| PORTUGAL 4,10 06-37 | 650,000 | EUR | 149.99 | 974,918.75 | 1.34% | 1.31% |
| PORTUGAL 4,125 17-27 | 700,000 | EUR | 125.31 | 877,145.50 | 1.20% | 1.18% |
| Slovakia (Slovak Republic) |  |  |  | 2,313,544.50 |  | 3.17% | 3.11% |
| SLOVAKIA 0,00 16-23 | 1,000,000 | EUR | 101.37 | 1,013,735.00 | 1.39% | 1.36% |
| SLOVAKIA 1,00 18-28 | 400,000 | EUR | 108.98 | 435,914.00 | 0.60% | 0.59% |
|  |  |  |  | 1,449,649.00 |  | 1.99% | 1.95% |
| Total - State |  |  |  | 32,178,117.29 | 44.08% | 43.27% |
| Financial institution |  |  |  |  |  |  |
| Netherlands |  |  |  |  |  |  |
| CRH FD 1,875 15-24 | 700,000 | EUR | 104.69 | 732,816.00 | 1.00% | 0.99% |
|  |  |  |  | 732,816.00 |  | 1.00% | 0.99% |
| Total - Financial institution |  |  |  | 732,816.00 | 1.00% | 0.99% |
| Public Sector Bond |  |  |  |  |  |  |
| Belgium |  |  |  |  |  |  |
| FLEMISH 0,375 20-30 | 500,000 | EUR | 102.18 | 510,922.50 | 0.70% | 0.69% |
| France |  |  |  | 510,922.50 |  | 0.70% | 0.69% |
| LA POSTE 0,625 21-36 | 600,000 | EUR | 95.64 | 573,852.00 | 0.79% | 0.77% |
|  |  |  |  | 573,852.00 |  | 0.79% | 0.77% |
| Total - Public Sector Bond |  |  |  | 1,084,774.50 | 1.49% | 1.46% |
| Private corporation |  |  |  |  |  |  |
| Belgium |  |  |  |  |  |  |
| VGP NV 1,50 21-29 | 400,000 | EUR | 98.87 | 395,490.00 | 0.54% | 0.53% |
|  |  |  |  | 395,490.00 |  | 0.54% | 0.53% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Germany (Federal Republic) |  |  |  | 397,396.00 |  | 0.54% | 0.53% |
| ADIDAS 0,00 20-28 | 400,000 | EUR | 99.35 |
| France |  |  |  | 397,396.00 |  | 0.54% | 0.53% |
| ARGAN 3,25 17-23 | 300,000 | EUR | 95.49 | 286,470.00 | 0.39% | 0.39% |
| FIN APSYS 4,75 17-22 | 400,000 | EUR | 94.55 | 378,200.00 | 0.52% | 0.51% |
| VEOLIA 0,927 16-29 | 200,000 | EUR | 104.35 | 208,693.00 | 0.29% | 0.28% |
| VIVENDI 1,875 16-26 | 400,000 | EUR | 108.11 | 432,446.00 | 0.59% | 0.58% |
| Ireland |  |  |  | 1,305,809.00 |  | 1.79% | 1.76% |
| KERRY 2,375 15-25 | 400,000 | EUR | 109.66 | 438,654.00 | 0.60% | 0.59% |
| Italy |  |  |  | 438,654.00 |  | 0.60% | 0.59% |
| ACEA SPA 0,25 21-30 | 340,000 | EUR | 97.57 | 331,748.20 | 0.45% | 0.45% |
| Luxembourg (Grand Duchy) |  |  |  | 331,748.20 |  | 0.45% | 0.45% |
| MEDTRON 1,625 19-31 | 750,000 | EUR | 110.38 | 827,865.00 | 1.13% | 1.11% |
| Netherlands |  |  |  | 827,865.00 |  | 1.13% | 1.11% |
| DEUTSCHE 3,25 13-28 | 900,000 | EUR | 120.52 | 1,084,680.00 | 1.49% | 1.46% |
| IBERDROLA 1,00 17-25 | 300,000 | EUR | 104.06 | 312,180.00 | 0.43% | 0.42% |
| NAT FIN 1,375 15-25 | 400,000 | EUR | 105.13 | 420,532.00 | 0.58% | 0.57% |
| United States of America |  |  |  | 1,817,392.00 |  | 2.49% | 2.44% |
| THERMO F 0,875 19-31 | 750,000 | EUR | 101.97 | 764,782.50 | 1.05% | 1.03% |
|  |  |  |  | 764,782.50 |  | 1.05% | 1.03% |
| Total - Private corporation |  |  |  | 6,279,136.70 | 8.60% | 8.44% |
| Total - Bonds and other debt securities |  |  |  | 40,274,844.49 | 55.18% | 54.16% |
| UCI with variable number of shares |  |  |  |  |  |  |
| Shares |  |  |  |  |  |  |
| Directive 2009/65/EC - Registered with FSMA |  |  |  |  |  |  |
| FEDER HER INV GL EM | 375,000 | EUR | 3.72 | 1,394,137.50 | 1.91% | 1.87% |
| Total - Directive 2009/65/EC - Registered with FSMA |  |  |  | 1,394,137.50 | 1.91% | 1.87% |
| Not directive 2009/65/EC - Not registered with FSMA |  |  |  |  |  |  |
| JPMF EM MKT OPP IC | 7,450 | EUR | 187.19 | 1,394,565.50 | 1.91% | 1.88% |
| Total - Not directive 2009/65/EC - Not registered with FSMA |  |  |  | 1,394,565.50 | 1.91% | 1.88% |
| Total - Shares |  |  |  | 2,788,703.00 | 3.82% | 3.75% |
| Bonds and other debt securities |  |  |  |  |  |  |
| Directive 2009/65/EC - Registered with FSMA |  |  |  |  |  |  |
| DPAM BD L EUR IL F | 5,000 | EUR | 150.91 | 754,550.00 | 1.03% | 1.01% |
| DPAM HB BDS G IL-P | 11,200 | EUR | 148.09 | 1,658,608.00 | 2.27% | 2.23% |
| DPAM L BD EM SUS F | 5,686 | EUR | 136.00 | 773,296.00 | 1.06% | 1.04% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Total - Directive 2009/65/EC - Registered with FSMA |  |  |  | 3,186,454.00 |  | 4.37% | 4.29% |
| Total - Bonds and other debt securities |  | 3,186,454.00 | 4.37% | 4.29% |
| Total - UCI with variable number of shares |  | 5,975,157.00 | 8.19% | 8.04% |
| Total - Transferable securities admitted to an official stock exchange listing |  | 72,992,977.47 | 100.00% | 98.16% |
| Total - portfolio |  | 72,992,977.47 | 100.00% | 98.16% |
| Collatéral |  | 0.00 |  | 0.00% |
| Deposits and liquid assets |  |  |  |  |
| deposit and liquid assets |  |  |  |  |
| Banque Degroof Petercam | USD | 412.99 |  | 0.00% |
| Banque Degroof Petercam | USD | 1.60 |  | 0.00% |
| Banque Degroof Petercam | EUR | 1,051,499.69 |  | 1.41% |
| Total - deposit and liquid assets |  | 1,051,914.28 |  | 1.41% |
| Total - Deposits and liquid assets |  | 1,051,914.28 |  | 1.41% |
| Other receivables and other payables |  | 20,037.74 |  | 0.03% |
| Others |  | 293,016.23 |  | 0.39% |
| Total net assets |  | 74,357,945.72 |  | 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 |  |  |  |  |  |  |  |
| Actions |  |  |  |  |  |  |
| Belgique |  |  |  |  |  |  |
| ACKERMANS | 1.500 | EUR | 142,40 | 213.600,00 | 0,65% | 0,64% |
| AEDIFICA | 1.600 | EUR | 111,30 | 178.080,00 | 0,55% | 0,53% |
| ANHEUSER-BUSCH | 645 | EUR | 60,81 | 39.222,45 | 0,12% | 0,12% |
| ANHEUSER-BUSCH INBEV | 3.700 | EUR | 60,81 | 224.997,00 | 0,69% | 0,67% |
| DIETEREN GROUP | 6.150 | EUR | 102,00 | 627.300,00 | 1,92% | 1,87% |
| ELIA GROUP | 3.405 | EUR | 89,00 | 303.045,00 | 0,93% | 0,90% |
| EVS NEW | 13.550 | EUR | 17,70 | 239.835,00 | 0,73% | 0,71% |
| FAGRON | 13.191 | EUR | 18,83 | 248.386,53 | 0,76% | 0,74% |
| GALAPAGOS GENOMICS | 1.600 | EUR | 58,48 | 93.568,00 | 0,29% | 0,28% |
| GBL | 4.100 | EUR | 94,34 | 386.794,00 | 1,18% | 1,15% |
| KBC | 4.000 | EUR | 64,30 | 257.200,00 | 0,79% | 0,76% |
| KINEPOLIS GROUP SA | 7.060 | EUR | 45,52 | 321.371,20 | 0,98% | 0,96% |
| MELEXIS | 4.000 | EUR | 87,55 | 350.200,00 | 1,07% | 1,04% |
| RECTICEL | 14.500 | EUR | 14,20 | 205.900,00 | 0,63% | 0,61% |
| SOFINA | 1.015 | EUR | 363,80 | 369.257,00 | 1,13% | 1,10% |
| SOLVAY | 3.620 | EUR | 107,20 | 388.064,00 | 1,19% | 1,15% |
| TELENET GROUP HOLD | 7.500 | EUR | 31,74 | 238.050,00 | 0,73% | 0,71% |
| TUBIZE-NEW | 1.000 | EUR | 85,30 | 85.300,00 | 0,26% | 0,25% |
| UCB | 3.020 | EUR | 88,16 | 266.243,20 | 0,82% | 0,79% |
| UMICORE S.A. | 7.085 | EUR | 51,50 | 364.877,50 | 1,12% | 1,08% |
| WAREHOUSES DE PAUW | 23.555 | EUR | 32,20 | 758.471,00 | 2,32% | 2,26% |
| X-FAB SILICON F RG | 30.000 | EUR | 8,00 | 240.000,00 | 0,73% | 0,71% |
| Suisse |  |  |  | 6.399.761,88 |  | 19,60% | 19,03% |
| NESTLE NOM | 5.850 | CHF | 115,22 | 614.885,06 | 1,88% | 1,83% |
| NOVARTIS-NOM- | 1.200 | CHF | 84,32 | 92.304,32 | 0,28% | 0,27% |
| Allemagne |  |  |  | 707.189,38 |  | 2,17% | 2,10% |
| BEIERSDORF | 2.700 | EUR | 101,75 | 274.725,00 | 0,84% | 0,82% |
| BMW | 2.100 | EUR | 89,31 | 187.551,00 | 0,57% | 0,56% |
| CTS EVENTIM | 5.000 | EUR | 52,70 | 263.500,00 | 0,81% | 0,78% |
| DEUTSCHE TELEKOM NOM | 13.000 | EUR | 17,81 | 231.556,00 | 0,71% | 0,69% |
| HELLOFRESH SE | 2.500 | EUR | 81,98 | 204.950,00 | 0,63% | 0,61% |
| LEIFHEIT AG | 4.000 | EUR | 46,90 | 187.600,00 | 0,57% | 0,56% |
| MERCK | 1.500 | EUR | 161,70 | 242.550,00 | 0,74% | 0,72% |
| SAP | 3.470 | EUR | 118,84 | 412.374,80 | 1,26% | 1,23% |
| VARTA AG | 1.270 | EUR | 130,00 | 165.100,00 | 0,51% | 0,49% |
| Danemark |  |  |  | 2.169.906,80 |  | 6,65% | 6,45% |
| DSV PANALPINA | 2.325 | DKK | 1.462,50 | 457.261,72 | 1,40% | 1,36% |
| Espagne |  |  |  | 457.261,72 |  | 1,40% | 1,36% |
| AMADEUS IT GROUP SA | 4.900 | EUR | 59,32 | 290.668,00 | 0,89% | 0,86% |
| FERROVIAL S.A | 10.204 | EUR | 24,75 | 252.549,00 | 0,77% | 0,75% |
| Finlande |  |  |  | 543.217,00 |  | 1,66% | 1,62% |
| KONECRANES PLC | 5.285 | EUR | 35,52 | 187.723,20 | 0,57% | 0,56% |
|  |  |  |  | 187.723,20 |  | 0,57% | 0,56% |

| Dénomination | Quantité au 30 juin 2021 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| France |  |  |  |  |  |  |  |
| ALD SA | 30.000 | EUR | 12,64 | 379.200,00 | 1,16% | 1,13% |
| ALTAREA | 900 | EUR | 177,20 | 159.480,00 | 0,49% | 0,47% |
| ALTEN SA | 4.000 | EUR | 111,80 | 447.200,00 | 1,37% | 1,33% |
| ORPEA | 2.750 | EUR | 107,25 | 294.937,50 | 0,90% | 0,88% |
| PLASTIC OMNIUM | 4.900 | EUR | 26,34 | 129.066,00 | 0,40% | 0,38% |
| SANOFI | 1.500 | EUR | 88,36 | 132.540,00 | 0,41% | 0,39% |
| TOTALENERGIES SE | 7.927 | EUR | 38,16 | 302.454,69 | 0,93% | 0,90% |
| VINCI | 3.047 | EUR | 89,99 | 274.199,53 | 0,84% | 0,82% |
| Royaume-Uni |  |  |  | 2.119.077,72 |  | 6,49% | 6,30% |
| ASTRAZENECA | 3.900 | GBP | 86,83 | 394.474,93 | 1,21% | 1,17% |
| DS SMITH PLC | 40.000 | GBP | 4,18 | 194.723,05 | 0,60% | 0,58% |
| ROYAL DUTCH SHELL-A | 20.000 | EUR | 17,00 | 340.080,00 | 1,04% | 1,01% |
| Irlande |  |  |  | 929.277,98 |  | 2,85% | 2,76% |
| KINGSPAN GROUP PLC | 2.610 | EUR | 79,64 | 207.860,40 | 0,64% | 0,62% |
| Italie |  |  |  | 207.860,40 |  | 0,64% | 0,62% |
| BREMBO SPA | 12.500 | EUR | 10,68 | 133.500,00 | 0,41% | 0,40% |
| BUZZI UNICEM | 14.000 | EUR | 22,37 | 313.180,00 | 0,96% | 0,93% |
| INTERPUMP GROUP SPA | 7.410 | EUR | 49,94 | 370.055,40 | 1,13% | 1,10% |
| MARR SPA | 10.400 | EUR | 20,10 | 209.040,00 | 0,64% | 0,62% |
| MONCLER SPA | 7.000 | EUR | 57,06 | 399.420,00 | 1,22% | 1,19% |
| PIRELLI C S.P.A. | 38.000 | EUR | 4,90 | 186.048,00 | 0,57% | 0,55% |
| Luxembourg (Grand-Duché) |  |  |  | 1.611.243,40 |  | 4,93% | 4,79% |
| STABILUS SA | 3.200 | EUR | 68,55 | 219.360,00 | 0,67% | 0,65% |
| Pays-Bas |  |  |  | 219.360,00 |  | 0,67% | 0,65% |
| AKZO NOBEL NV | 1.700 | EUR | 104,20 | 177.140,00 | 0,54% | 0,53% |
| ASM INTERNATIONAL | 1.000 | EUR | 277,00 | 277.000,00 | 0,85% | 0,82% |
| ASML HOLDING NV | 500 | EUR | 579,40 | 289.700,00 | 0,89% | 0,86% |
| BASIC-FIT | 9.330 | EUR | 36,06 | 336.439,80 | 1,03% | 1,00% |
| CTP B.V. | 22.500 | EUR | 17,00 | 382.500,00 | 1,17% | 1,14% |
| HEINEKEN- | 2.500 | EUR | 102,20 | 255.500,00 | 0,78% | 0,76% |
| IMCD N.V. | 2.895 | EUR | 134,10 | 388.219,50 | 1,19% | 1,15% |
| ING GROUP | 24.450 | EUR | 11,14 | 272.373,00 | 0,83% | 0,81% |
| KONINKLIJKE AHOLD | 10.000 | EUR | 25,07 | 250.700,00 | 0,77% | 0,75% |
| PROSUS NV | 2.750 | EUR | 82,47 | 226.792,50 | 0,69% | 0,67% |
| STELLANTIS N.V. | 11.000 | EUR | 16,55 | 182.094,00 | 0,56% | 0,54% |
| Portugal |  |  |  | 3.038.458,80 |  | 9,31% | 9,04% |
| EDP-ENERGIAS-REG | 43.401 | EUR | 4,47 | 194.002,47 | 0,59% | 0,58% |
| Suède |  |  |  | 194.002,47 |  | 0,59% | 0,58% |
| INVESTOR AB | 8.000 | SEK | 197,25 | 155.590,61 | 0,48% | 0,46% |
| États-Unis d'Amérique |  |  |  | 155.590,61 |  | 0,48% | 0,46% |
| BECTON | 1.200 | USD | 243,19 | 246.081,46 | 0,75% | 0,73% |
| NIKE INC -B- | 3.000 | USD | 154,49 | 390.817,10 | 1,20% | 1,16% |
| PARKER HANNIFIN | 900 | USD | 307,11 | 233.071,09 | 0,71% | 0,69% |

| Dénomination | Quantité au 30 juin 2021 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Total - Actions |  |  |  | 869.969,65 |  | 2,66% | 2,59% |
|  |  |  | 19.809.901,01 | 60,67% | 58,91% |
| Obligations et autres titres de créances |  |  |  |  |  |  |
| Emis(es) par état |  |  |  |  |  |  |
| Espagne |  |  |  |  |  |  |
| SPAIN 1,00 14-30 | 300.000 | EUR | 119,99 | 382.699,33 | 1,17% | 1,14% |
| Italie |  |  |  | 382.699,33 |  | 1,17% | 1,14% |
| ITALY 2,80 18-28 | 525.000 | EUR | 116,89 | 613.675,12 | 1,88% | 1,82% |
| États-Unis d'Amérique |  |  |  | 613.675,12 |  | 1,88% | 1,82% |
| US TREA 0,75 12-42 | 300.000 | USD | 121,52 | 363.218,28 | 1,11% | 1,08% |
|  |  |  |  | 363.218,28 |  | 1,11% | 1,08% |
| Total - Emis(es) par état |  |  |  | 1.359.592,73 | 4,16% | 4,04% |
| Emis(es) par un établissement de crédit |  |  |  |  |  |  |
| France |  |  |  |  |  |  |
| TOTAL SE FRN 21-PERP | 500.000 | EUR | 100,27 | 501.327,50 | 1,54% | 1,49% |
| États-Unis d'Amérique |  |  |  | 501.327,50 |  | 1,54% | 1,49% |
| GOLD SACHS FRN 21-27 | 350.000 | USD | 99,67 | 294.163,50 | 0,90% | 0,87% |
|  |  |  |  | 294.163,50 |  | 0,90% | 0,87% |
| Total - Emis(es) par un établissement de crédit |  |  |  | 795.491,00 | 2,44% | 2,37% |
| Obligation du Secteur Public |  |  |  |  |  |  |
| Belgique |  |  |  |  |  |  |
| FLEMISH 0,375 20-30 | 200.000 | EUR | 102,18 | 204.369,00 | 0,63% | 0,61% |
| Mexique |  |  |  | 204.369,00 |  | 0,63% | 0,61% |
| PEMEX 5,95 20-31 | 255.000 | USD | 97,27 | 209.149,88 | 0,64% | 0,62% |
|  |  |  |  | 209.149,88 |  | 0,64% | 0,62% |
| Total - Obligation du Secteur Public |  |  |  | 413.518,88 | 1,27% | 1,23% |
| Emis(es) par une entreprise privée |  |  |  |  |  |  |
| Belgique |  |  |  |  |  |  |
| DECEUNINC 3,75 15-22 | 154.000 | EUR | 103,18 | 158.901,82 | 0,49% | 0,47% |
| UCB SA 5,125 13-23 | 98.000 | EUR | 111,18 | 108.959,34 | 0,33% | 0,32% |
| VGP NV 1,50 21-29 | 400.000 | EUR | 98,87 | 395.490,00 | 1,21% | 1,18% |
| France |  |  |  | 663.351,16 |  | 2,03% | 1,97% |
| ARGAN 3,25 17-23 | 200.000 | EUR | 95,49 | 190.980,00 | 0,58% | 0,57% |
| AUTOROUTE 2,95 14-24 | 200.000 | EUR | 107,31 | 214.613,00 | 0,66% | 0,64% |
| BNP 2,375 15-25 | 200.000 | EUR | 107,70 | 215.401,00 | 0,66% | 0,64% |
| ENGIE SA FRN 14-PERP | 200.000 | EUR | 110,15 | 220.304,00 | 0,67% | 0,66% |
| LOXAM SAS 4,25 17-24 | 300.000 | EUR | 101,25 | 303.757,50 | 0,93% | 0,90% |
| TEREOS 4,125 16-23 | 200.000 | EUR | 101,38 | 202.756,00 | 0,62% | 0,60% |
|  |  |  |  | 1.347.811,50 |  | 4,13% | 4,01% |

| Dénomination | Quantité au 30 juin 2021 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Italie |  |  |  | 99.045,00 |  | 0,30% | 0,29% |
| ENEL FRN 21-PERP | 100.000 | EUR | 99,05 |
| Japon |  |  |  | 99.045,00 |  | 0,30% | 0,29% |
| SOFTBANK 3,125 17-25 | 400.000 | EUR | 103,26 | 413.056,00 | 1,26% | 1,23% |
| Pays-Bas |  |  |  | 413.056,00 |  | 1,26% | 1,23% |
| AIRBUS 0,875 16-26 | 100.000 | EUR | 103,98 | 103.979,50 | 0,32% | 0,31% |
| COOP RAB 1,375 15-27 | 300.000 | EUR | 107,90 | 323.703,00 | 0,99% | 0,96% |
| ENEL FI 1,375 16-26 | 200.000 | EUR | 106,72 | 213.439,00 | 0,65% | 0,63% |
| HEINEKEN 2,75 12-23 | 400.000 | USD | 103,79 | 350.095,29 | 1,07% | 1,04% |
| VONOVIA 2,125 14-22 | 115.000 | EUR | 102,48 | 117.846,83 | 0,36% | 0,35% |
| VW FRN 13-PERP | 220.000 | EUR | 109,98 | 241.958,20 | 0,74% | 0,72% |
| États-Unis d'Amérique |  |  |  | 1.351.021,82 |  | 4,14% | 4,02% |
| BERKSHIRE 0,75 15-23 | 300.000 | EUR | 101,54 | 304.626,00 | 0,93% | 0,91% |
| MORGAN ST 1,75 15-25 | 300.000 | EUR | 106,38 | 319.131,00 | 0,98% | 0,95% |
|  |  |  |  | 623.757,00 |  | 1,91% | 1,85% |
| Total - Emis(es) par une entreprise privée |  |  |  | 4.498.042,48 | 13,77% | 13,38% |
| Total - Obligations et autres titres de créances |  |  |  | 7.066.645,09 | 21,64% | 21,01% |
| OPC à nombre variable de parts |  |  |  |  |  |  |
| Actions |  |  |  |  |  |  |
| Directive 2009/65/CE & Inscrit auprès de la FSMA |  |  |  |  |  |  |
| TRUNCUS INV EQ CF | 2.500 | EUR | 1.289,98 | 3.224.950,00 | 9,88% | 9,59% |
| Total - Directive 2009/65/CE & Inscrit auprès de la FSMA |  |  |  | 3.224.950,00 | 9,88% | 9,59% |
| Directive 2009/65/CE & Non Inscrit auprès de la FSMA |  |  |  |  |  |  |
| ISHS CORE SP500 | 1.400 | USD | 435,94 | 514.643,73 | 1,58% | 1,53% |
| Total - Directive 2009/65/CE & Non Inscrit auprès de la FSMA |  |  |  | 514.643,73 | 1,58% | 1,53% |
| Total - Actions |  |  |  | 3.739.593,73 | 11,45% | 11,12% |
| Obligations et autres titres de créance |  |  |  |  |  |  |
| Directive 2009/65/CE & Inscrit auprès de la FSMA |  |  |  |  |  |  |
| BMO INV GL CV BD A D | 45.000 | EUR | 22,39 | 1.007.550,00 | 3,09% | 3,00% |
| LO CONV BOND PC | 40.154 | EUR | 20,14 | 808.830,62 | 2,48% | 2,41% |
| Total - Directive 2009/65/CE & Inscrit auprès de la FSMA |  |  |  | 1.816.380,62 | 5,56% | 5,40% |
| Total - Obligations et autres titres de créance |  |  |  | 1.816.380,62 | 5,56% | 5,40% |
| Total - OPC à nombre variable de parts |  |  |  | 5.555.974,35 | 17,01% | 16,52% |
| Instruments du marché monétaire |  |  |  |  |  |  |
| GLENCORE 1,625 14-22 | 100.000 | EUR | 100,57 | 100.568,50 | 0,31% | 0,30% |
| TESCO 6,125 09-22 | 100.000 | GBP | 103,73 | 120.838,14 | 0,37% | 0,36% |
| Total - Instruments du marché monétaire |  |  |  | 221.406,64 | 0,68% | 0,66% |
| Total - Valeurs mobilières admises à la cote officielle d'une bourse de valeurs |  |  |  | 32.653.927,09 | 100,00% | 97,10% |

| Dénomination | Quantité au 30 juin 2021 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Total - portefeuille |  |  |  | 32.653.927,09 |  | 100,00% | 97,10% |
| Collatéral |  | 0,00 | 0,00% |
| Dépôts et Liquidités |  |  |  |
| Avoirs bancaires à vue |  |  |  |
| Banque Degroof Petercam | EUR | 906.860,58 | 2,70% |
| Banque Degroof Petercam | USD | 2,71 | 0,00% |
| Banque Degroof Petercam | USD | 700,50 | 0,00% |
| Total - Avoirs bancaires à vue |  | 907.563,79 | 2,70% |
| Total - Dépôts et Liquidités |  | 907.563,79 | 2,70% |
| Créances et dettes diverses |  | 2.138,00 | 0,01% |
| Autres |  | 65.992,70 | 0,20% |
| Actif Net Total |  | 33.629.621,58 | 100,00% |

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