# 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 |  |  |  |  |  |  |
| Austria |  |  |  |  |  |  |
| ERSTE GROUP BANK | 10,400 | EUR | 30.94 | 321,776.00 | 0.11% | 0.11% |
| OMV | 4,917 | EUR | 47.97 | 235,868.49 | 0.08% | 0.08% |
| RAIFFEISEN BK INTER | 2,882 | EUR | 19.10 | 55,046.20 | 0.02% | 0.02% |
| VERBUND AG | 1,800 | EUR | 77.65 | 139,770.00 | 0.05% | 0.05% |
| VOESTALPINE | 4,500 | EUR | 34.34 | 154,530.00 | 0.05% | 0.05% |
| Belgium |  |  |  | 906,990.69 |  | 0.31% | 0.31% |
| AGEAS SA NV | 5,385 | EUR | 46.80 | 252,018.00 | 0.09% | 0.09% |
| ANHEUSER-BUSCH INBEV | 25,300 | EUR | 60.81 | 1,538,493.00 | 0.53% | 0.52% |
| COLRUYT | 1,785 | EUR | 47.16 | 84,180.60 | 0.03% | 0.03% |
| ELIA GROUP | 900 | EUR | 89.00 | 80,100.00 | 0.03% | 0.03% |
| GBL | 3,950 | EUR | 94.34 | 372,643.00 | 0.13% | 0.13% |
| KBC | 7,742 | EUR | 64.30 | 497,810.60 | 0.17% | 0.17% |
| PROXIMUS SA | 3,747 | EUR | 16.29 | 61,038.63 | 0.02% | 0.02% |
| SOFINA | 500 | EUR | 363.80 | 181,900.00 | 0.06% | 0.06% |
| SOLVAY | 2,900 | EUR | 107.20 | 310,880.00 | 0.11% | 0.11% |
| UCB | 3,800 | EUR | 88.16 | 335,008.00 | 0.12% | 0.11% |
| UMICORE S.A. | 6,086 | EUR | 51.50 | 313,429.00 | 0.11% | 0.11% |
| Switzerland |  |  |  | 4,027,500.83 |  | 1.39% | 1.37% |
| ABB-NOM-NEW | 53,616 | CHF | 31.39 | 1,535,309.47 | 0.53% | 0.52% |
| ADECCO-NOM-NEW- | 4,858 | CHF | 62.86 | 278,574.97 | 0.10% | 0.10% |
| ALCON SA | 15,780 | CHF | 64.78 | 932,519.98 | 0.32% | 0.32% |
| BALOISE HOLDING | 1,418 | CHF | 144.30 | 186,660.65 | 0.06% | 0.06% |
| BARRY CALLEBAUT-NOM- | 110 | CHF | 2,150.00 | 215,745.30 | 0.07% | 0.07% |
| BQ CANTONALE VAUDOIS | 600 | CHF | 83.10 | 45,484.40 | 0.02% | 0.02% |
| CLARIANT-NOM-NEW | 4,800 | CHF | 18.40 | 80,569.24 | 0.03% | 0.03% |
| COCA-COLA HBC | 9,000 | GBP | 26.14 | 274,052.07 | 0.09% | 0.09% |
| CREDIT SUISSE NEW | 75,652 | CHF | 9.69 | 668,873.55 | 0.23% | 0.23% |
| EMS-CHEM HLDG N | 180 | CHF | 909.00 | 149,261.08 | 0.05% | 0.05% |
| FINANCIERE RICHEMONT | 16,900 | CHF | 111.95 | 1,725,921.36 | 0.59% | 0.59% |
| GEBERIT | 1,200 | CHF | 694.00 | 759,715.38 | 0.26% | 0.26% |
| GIVAUDAN | 285 | CHF | 4,303.00 | 1,118,732.90 | 0.38% | 0.38% |
| HOLCIM LTD | 17,401 | CHF | 55.50 | 881,003.01 | 0.30% | 0.30% |
| JULIUS BAER GRP N | 6,786 | CHF | 60.38 | 373,780.95 | 0.13% | 0.13% |
| KUEHNE NAGEL | 1,800 | CHF | 316.60 | 519,868.64 | 0.18% | 0.18% |
| LINDT NOM | 4 | CHF | 96,900.00 | 353,585.11 | 0.12% | 0.12% |
| LINDT SPRUENGLI | 38 | CHF | 9,205.00 | 319,093.23 | 0.11% | 0.11% |
| LOGITECH N | 6,000 | CHF | 112.10 | 613,574.17 | 0.21% | 0.21% |
| LONZA-NOM- NEW | 2,320 | CHF | 655.80 | 1,387,936.51 | 0.48% | 0.47% |
| NESTLE NOM | 92,000 | CHF | 115.22 | 9,669,987.23 | 3.33% | 3.30% |
| NOVARTIS-NOM- | 70,969 | CHF | 84.32 | 5,458,954.64 | 1.88% | 1.86% |
| PARTNERS GRP HLDG | 700 | CHF | 1,401.50 | 894,955.30 | 0.31% | 0.31% |
| ROCHE HOLDING -GE- | 22,121 | CHF | 348.55 | 7,033,638.52 | 2.42% | 2.40% |
| ROCHE-PTR- | 950 | CHF | 375.80 | 325,679.62 | 0.11% | 0.11% |
| SCHINDLER HDG AG-REG | 600 | CHF | 270.40 | 148,002.19 | 0.05% | 0.05% |
| SCHINDLER HD-PART CT | 1,370 | CHF | 283.00 | 353,685.46 | 0.12% | 0.12% |
| SGS S.A. | 180 | CHF | 2,854.00 | 468,637.11 | 0.16% | 0.16% |
| SIKA AG | 4,600 | CHF | 302.50 | 1,269,385.15 | 0.44% | 0.43% |
| SONOVA HOLDING | 1,649 | CHF | 348.00 | 523,492.06 | 0.18% | 0.18% |
| STRAUMANN HOLDING | 330 | CHF | 1,475.00 | 444,033.94 | 0.15% | 0.15% |
| SWATCH GROUP NEW | 886 | CHF | 317.40 | 256,537.49 | 0.09% | 0.09% |
| SWATCH GROUP-NOM-NEW | 1,556 | CHF | 61.05 | 86,657.36 | 0.03% | 0.03% |
| SWISSCOM-NOM- | 750 | CHF | 528.20 | 361,384.78 | 0.12% | 0.12% |
| SWISS LIFE-NOM- | 950 | CHF | 449.60 | 389,636.93 | 0.13% | 0.13% |
| SWISS PRIME SITE | 2,166 | CHF | 91.80 | 181,389.16 | 0.06% | 0.06% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| SWISS RE N | 9,600 | CHF | 83.48 | 731,078.27 |  | 0.25% | 0.25% |
| TEMENOS AG | 1,900 | CHF | 148.60 | 257,562.49 | 0.09% | 0.09% |
| UBS GROUP AG | 120,200 | CHF | 14.16 | 1,552,665.57 | 0.53% | 0.53% |
| VIFOR PHARMA | 1,600 | CHF | 119.75 | 174,785.62 | 0.06% | 0.06% |
| ZURICH INS GR | 4,900 | CHF | 371.20 | 1,659,259.26 | 0.57% | 0.57% |
| Germany (Federal Republic) |  |  |  | 44,661,670.12 |  | 15.36% | 15.24% |
| ADIDAS AG NA O.N. | 6,017 | EUR | 313.90 | 1,888,736.30 | 0.65% | 0.64% |
| ALLIANZ-NOM- | 13,010 | EUR | 210.30 | 2,736,003.00 | 0.94% | 0.93% |
| BASF SE | 28,727 | EUR | 66.44 | 1,908,621.88 | 0.66% | 0.65% |
| BAYER AG | 31,878 | EUR | 51.21 | 1,632,472.38 | 0.56% | 0.56% |
| BECHTLE | 900 | EUR | 156.65 | 140,985.00 | 0.05% | 0.05% |
| BEIERSDORF | 3,600 | EUR | 101.75 | 366,300.00 | 0.13% | 0.12% |
| BMW | 10,700 | EUR | 89.31 | 955,617.00 | 0.33% | 0.33% |
| BMW-PRIV- | 2,036 | EUR | 75.80 | 154,328.80 | 0.05% | 0.05% |
| BRENNTAG SE | 4,444 | EUR | 78.42 | 348,498.48 | 0.12% | 0.12% |
| CARL ZEISS MEDITEC | 1,000 | EUR | 162.95 | 162,950.00 | 0.06% | 0.06% |
| COMMERZBANK AG | 28,600 | EUR | 5.98 | 171,085.20 | 0.06% | 0.06% |
| CONTINENTAL | 3,270 | EUR | 123.98 | 405,414.60 | 0.14% | 0.14% |
| COVESTRO | 6,500 | EUR | 54.46 | 353,990.00 | 0.12% | 0.12% |
| DAIMLER-NOM | 27,350 | EUR | 75.30 | 2,059,455.00 | 0.71% | 0.70% |
| DELIVERY HERO SE | 4,700 | EUR | 111.40 | 523,580.00 | 0.18% | 0.18% |
| DEUTSCHE BANK-NOM- | 66,000 | EUR | 10.99 | 725,076.00 | 0.25% | 0.25% |
| DEUTSCHE BOERSE | 6,160 | EUR | 147.20 | 906,752.00 | 0.31% | 0.31% |
| DEUTSCHE LUFT-NOM- | 6,000 | EUR | 9.49 | 56,940.00 | 0.02% | 0.02% |
| DEUTSCHE POST | 30,988 | EUR | 57.36 | 1,777,471.68 | 0.61% | 0.61% |
| DEUTSCHE TELEKOM NOM | 104,947 | EUR | 17.81 | 1,869,315.96 | 0.64% | 0.64% |
| DEUTSCHE WOHNEN | 11,000 | EUR | 51.58 | 567,380.00 | 0.20% | 0.19% |
| EON.SE | 73,800 | EUR | 9.75 | 719,845.20 | 0.25% | 0.25% |
| EVONIK INDUSTRIES AG | 6,000 | EUR | 28.28 | 169,680.00 | 0.06% | 0.06% |
| FRESENIUS MEDICAL | 6,500 | EUR | 70.04 | 455,260.00 | 0.16% | 0.16% |
| FRESENIUS SE CO | 13,942 | EUR | 43.99 | 613,378.29 | 0.21% | 0.21% |
| FUCHS PETROLUB SE | 2,200 | EUR | 41.02 | 90,244.00 | 0.03% | 0.03% |
| GEA GROUP | 5,438 | EUR | 34.16 | 185,762.08 | 0.06% | 0.06% |
| HANNOVER RUECK SE | 1,863 | EUR | 141.10 | 262,869.30 | 0.09% | 0.09% |
| HEIDELBERGCEMENT | 5,231 | EUR | 72.34 | 378,410.54 | 0.13% | 0.13% |
| HELLOFRESH SE | 5,200 | EUR | 81.98 | 426,296.00 | 0.15% | 0.15% |
| HENKEL | 6,086 | EUR | 89.04 | 541,897.44 | 0.19% | 0.18% |
| HENKEL | 2,871 | EUR | 77.65 | 222,933.15 | 0.08% | 0.08% |
| INFINEON | 40,800 | EUR | 33.82 | 1,379,856.00 | 0.47% | 0.47% |
| KION GROUP AG | 2,555 | EUR | 89.88 | 229,643.40 | 0.08% | 0.08% |
| KNORR-BREMSE AG | 2,600 | EUR | 97.00 | 252,200.00 | 0.09% | 0.09% |
| LANXESS | 2,911 | EUR | 57.82 | 168,314.02 | 0.06% | 0.06% |
| LEG IMMOBILIEN SE | 2,500 | EUR | 121.45 | 303,625.00 | 0.10% | 0.10% |
| MERCK | 4,322 | EUR | 161.70 | 698,867.40 | 0.24% | 0.24% |
| MTU AERO ENGINES AG | 1,500 | EUR | 208.90 | 313,350.00 | 0.11% | 0.11% |
| MUNCHENER-NOM | 4,508 | EUR | 230.95 | 1,041,122.60 | 0.36% | 0.36% |
| NEMETSCHEK | 2,200 | EUR | 64.52 | 141,944.00 | 0.05% | 0.05% |
| PORSCHE AUTOMOBIL | 4,859 | EUR | 90.36 | 439,059.24 | 0.15% | 0.15% |
| PUMA | 2,924 | EUR | 100.55 | 294,008.20 | 0.10% | 0.10% |
| RATIONAL | 150 | EUR | 764.00 | 114,600.00 | 0.04% | 0.04% |
| RWE AG A | 19,500 | EUR | 30.56 | 595,920.00 | 0.20% | 0.20% |
| SAP | 32,761 | EUR | 118.84 | 3,893,317.24 | 1.34% | 1.33% |
| SARTORIUS VZ | 850 | EUR | 439.00 | 373,150.00 | 0.13% | 0.13% |
| SCOUT24 AG | 2,600 | EUR | 71.12 | 184,912.00 | 0.06% | 0.06% |
| SIEMENS ENERGY AG | 14,000 | EUR | 25.42 | 355,880.00 | 0.12% | 0.12% |
| SIEMENS HEALTH | 8,500 | EUR | 51.68 | 439,280.00 | 0.15% | 0.15% |
| SIEMENS-NOM- | 24,400 | EUR | 133.62 | 3,260,328.00 | 1.12% | 1.11% |
| SYMRISE AG | 3,900 | EUR | 117.50 | 458,250.00 | 0.16% | 0.16% |
| TEAMVIEWER AG | 4,200 | EUR | 31.72 | 133,224.00 | 0.05% | 0.05% |
| TELEFONICA DT H N | 50,000 | EUR | 2.23 | 111,250.00 | 0.04% | 0.04% |
| UNIPER SE | 3,000 | EUR | 31.06 | 93,180.00 | 0.03% | 0.03% |
| UNITED INTERNET | 3,615 | EUR | 34.48 | 124,645.20 | 0.04% | 0.04% |
| VONOVIA SE | 17,100 | EUR | 54.52 | 932,292.00 | 0.32% | 0.32% |
| VW | 1,014 | EUR | 276.80 | 280,675.20 | 0.10% | 0.10% |
| VW-PRIV- | 6,050 | EUR | 211.20 | 1,277,760.00 | 0.44% | 0.44% |
| ZALANDO | 6,368 | EUR | 101.95 | 649,217.60 | 0.22% | 0.22% |
|  |  |  |  | 42,317,420.38 |  | 14.55% | 14.44% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Denmark |  |  |  |  |  |  |  |
| AMBU AS -B- | 5,200 | DKK | 241.10 | 168,595.73 | 0.06% | 0.06% |
| AP MOELLER-MAERS -A- | 100 | DKK | 17,420.00 | 234,257.86 | 0.08% | 0.08% |
| AP MOELLER-MAERS -B- | 200 | DKK | 18,025.00 | 484,787.36 | 0.17% | 0.17% |
| CARLSBERG-B- | 3,796 | DKK | 1,169.00 | 596,742.18 | 0.21% | 0.20% |
| CHR. HANSEN HOLDING | 2,800 | DKK | 566.00 | 213,118.17 | 0.07% | 0.07% |
| COLOPLAST AS B | 3,835 | DKK | 1,029.00 | 530,672.72 | 0.18% | 0.18% |
| DANSKE BANK | 21,093 | DKK | 110.35 | 313,008.92 | 0.11% | 0.11% |
| DSV PANALPINA | 6,758 | DKK | 1,462.50 | 1,329,107.41 | 0.46% | 0.45% |
| GENMAB A-S | 2,050 | DKK | 2,566.00 | 707,386.12 | 0.24% | 0.24% |
| GN STORE N | 4,200 | DKK | 547.80 | 309,397.88 | 0.11% | 0.11% |
| NOVO NORDISK -B- | 55,100 | DKK | 525.40 | 3,893,029.42 | 1.34% | 1.33% |
| NOVOZYMES -B- | 6,635 | DKK | 472.70 | 421,766.95 | 0.15% | 0.14% |
| ORSTED | 6,000 | DKK | 880.00 | 710,035.30 | 0.24% | 0.24% |
| PANDORA AS | 2,800 | DKK | 843.00 | 317,418.05 | 0.11% | 0.11% |
| ROCKWOOL INTL | 250 | DKK | 3,053.00 | 102,639.10 | 0.04% | 0.04% |
| TRYG | 13,000 | DKK | 153.95 | 269,134.31 | 0.09% | 0.09% |
| VESTAS WIND SYSTEMS | 30,700 | DKK | 244.80 | 1,010,638.43 | 0.35% | 0.34% |
| WILLIAM DEMANT HLDG | 2,470 | DKK | 353.00 | 117,251.30 | 0.04% | 0.04% |
| Spain |  |  |  | 11,728,987.21 |  | 4.03% | 4.00% |
| ACS | 7,348 | EUR | 22.59 | 165,991.32 | 0.06% | 0.06% |
| AENA S.A. | 2,500 | EUR | 138.30 | 345,750.00 | 0.12% | 0.12% |
| AMADEUS IT GROUP SA | 14,900 | EUR | 59.32 | 883,868.00 | 0.30% | 0.30% |
| BANCO BILBAO | 208,000 | EUR | 5.23 | 1,087,424.00 | 0.37% | 0.37% |
| BANCO SANTANDER | 560,000 | EUR | 3.22 | 1,802,920.00 | 0.62% | 0.62% |
| CAIXABANK S.A | 137,347 | EUR | 2.59 | 356,278.12 | 0.12% | 0.12% |
| CELLNEX TELECOM | 17,000 | EUR | 53.72 | 913,240.00 | 0.31% | 0.31% |
| EDP RNOVAVEIS | 10,000 | EUR | 19.54 | 195,400.00 | 0.07% | 0.07% |
| ENAGAS | 8,619 | EUR | 19.48 | 167,941.22 | 0.06% | 0.06% |
| ENDESA | 8,500 | EUR | 20.46 | 173,910.00 | 0.06% | 0.06% |
| FERROVIAL S.A | 15,627 | EUR | 24.75 | 386,768.25 | 0.13% | 0.13% |
| GRIFOLS SA | 10,894 | EUR | 22.84 | 248,818.96 | 0.09% | 0.08% |
| IBERDROLA SA | 183,820 | EUR | 10.28 | 1,889,669.60 | 0.65% | 0.64% |
| INDITEX | 35,400 | EUR | 29.71 | 1,051,734.00 | 0.36% | 0.36% |
| NATURGY ENERGY GROUP | 9,152 | EUR | 21.68 | 198,415.36 | 0.07% | 0.07% |
| RED ELECTRICA CORP | 13,000 | EUR | 15.65 | 203,515.00 | 0.07% | 0.07% |
| REPSOL | 50,349 | EUR | 10.55 | 531,383.35 | 0.18% | 0.18% |
| SIEMENS GAMESA | 6,600 | EUR | 28.16 | 185,856.00 | 0.06% | 0.06% |
| TELEFONICA | 175,106 | EUR | 3.94 | 690,092.75 | 0.24% | 0.24% |
| Finland |  |  |  | 11,478,975.93 |  | 3.95% | 3.92% |
| ELISA -A- | 4,245 | EUR | 50.32 | 213,608.40 | 0.07% | 0.07% |
| FORTUM CORP | 15,000 | EUR | 23.26 | 348,900.00 | 0.12% | 0.12% |
| KESKO CORP | 9,000 | EUR | 31.15 | 280,350.00 | 0.10% | 0.10% |
| KONE B | 11,300 | EUR | 68.80 | 777,440.00 | 0.27% | 0.27% |
| NESTE CORPORATION | 13,400 | EUR | 51.64 | 691,976.00 | 0.24% | 0.24% |
| NOKIA-A-NEW | 168,000 | EUR | 4.52 | 758,604.00 | 0.26% | 0.26% |
| NORDEA BANK ABP | 100,000 | SEK | 95.26 | 939,262.47 | 0.32% | 0.32% |
| ORION -B- NEW | 3,444 | EUR | 36.25 | 124,845.00 | 0.04% | 0.04% |
| SAMPO OYJ | 15,727 | EUR | 38.76 | 609,578.52 | 0.21% | 0.21% |
| STORA ENSO-R- | 21,000 | EUR | 15.38 | 323,085.00 | 0.11% | 0.11% |
| UPM-KYMMENE | 17,507 | EUR | 31.90 | 558,473.30 | 0.19% | 0.19% |
| WARTSILA -B- | 11,989 | EUR | 12.52 | 150,042.34 | 0.05% | 0.05% |
| France |  |  |  | 5,776,165.03 |  | 1.99% | 1.97% |
| ACCOR | 6,000 | EUR | 31.49 | 188,940.00 | 0.06% | 0.06% |
| ADP | 1,190 | EUR | 109.85 | 130,721.50 | 0.04% | 0.04% |
| AIR LIQUIDE | 14,973 | EUR | 147.66 | 2,210,913.18 | 0.76% | 0.75% |
| ALSTOM | 7,823 | EUR | 42.59 | 333,181.57 | 0.11% | 0.11% |
| AMUNDI | 1,300 | EUR | 74.35 | 96,655.00 | 0.03% | 0.03% |
| ARKEMA | 2,112 | EUR | 105.80 | 223,449.60 | 0.08% | 0.08% |
| ATOS SE | 3,636 | EUR | 51.30 | 186,526.80 | 0.06% | 0.06% |
| AXA | 61,800 | EUR | 21.39 | 1,321,593.00 | 0.45% | 0.45% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| BIOMERIEUX S.A. | 1,400 | EUR | 98.00 | 137,200.00 |  | 0.05% | 0.05% |
| BNP | 35,000 | EUR | 52.87 | 1,850,450.00 | 0.64% | 0.63% |
| BOLLORE | 23,172 | EUR | 4.52 | 104,737.44 | 0.04% | 0.04% |
| BOUYGUES | 7,270 | EUR | 31.19 | 226,751.30 | 0.08% | 0.08% |
| BUREAU VERITAS SA | 8,717 | EUR | 26.68 | 232,569.56 | 0.08% | 0.08% |
| CAPGEMINI | 5,082 | EUR | 162.00 | 823,284.00 | 0.28% | 0.28% |
| CARREFOUR SA | 17,000 | EUR | 16.59 | 281,945.00 | 0.10% | 0.10% |
| CNP ASSURANCES | 5,354 | EUR | 14.35 | 76,829.90 | 0.03% | 0.03% |
| COINTREAU | 926 | EUR | 174.10 | 161,216.60 | 0.06% | 0.06% |
| COVIVIO | 1,558 | EUR | 72.12 | 112,362.96 | 0.04% | 0.04% |
| CREDIT AGRICOLE | 37,696 | EUR | 11.81 | 445,340.54 | 0.15% | 0.15% |
| DANONE | 21,038 | EUR | 59.37 | 1,249,026.06 | 0.43% | 0.43% |
| DASSAULT AVIATION | 71 | EUR | 992.00 | 70,432.00 | 0.02% | 0.02% |
| DASSAULT SYST | 4,403 | EUR | 204.50 | 900,413.50 | 0.31% | 0.31% |
| EDENRED SA | 7,322 | EUR | 48.05 | 351,822.10 | 0.12% | 0.12% |
| EDF | 17,375 | EUR | 11.52 | 200,160.00 | 0.07% | 0.07% |
| EIFFAGE | 2,500 | EUR | 85.80 | 214,500.00 | 0.07% | 0.07% |
| ENGIE | 55,687 | EUR | 11.55 | 643,407.60 | 0.22% | 0.22% |
| ESSILOR LUX | 9,379 | EUR | 155.64 | 1,459,747.56 | 0.50% | 0.50% |
| EURAZEO SE | 600 | EUR | 73.50 | 44,100.00 | 0.02% | 0.02% |
| FAURECIA | 2,959 | EUR | 41.37 | 122,413.83 | 0.04% | 0.04% |
| FDJ | 2,800 | EUR | 49.58 | 138,824.00 | 0.05% | 0.05% |
| GECINA | 1,400 | EUR | 129.20 | 180,880.00 | 0.06% | 0.06% |
| GETLINK | 15,100 | EUR | 13.15 | 198,565.00 | 0.07% | 0.07% |
| HERMES | 1,020 | EUR | 1,228.50 | 1,253,070.00 | 0.43% | 0.43% |
| ILIAD SA | 307 | EUR | 123.40 | 37,883.80 | 0.01% | 0.01% |
| IPSEN | 1,300 | EUR | 87.72 | 114,036.00 | 0.04% | 0.04% |
| KERING | 2,392 | EUR | 737.00 | 1,762,904.00 | 0.61% | 0.60% |
| KLEPIERRE | 5,387 | EUR | 21.73 | 117,059.51 | 0.04% | 0.04% |
| LEGRAND-PROV.OPO | 8,807 | EUR | 89.26 | 786,112.82 | 0.27% | 0.27% |
| L OREAL | 8,132 | EUR | 375.80 | 3,056,005.60 | 1.05% | 1.04% |
| LVMH MOET HENNESSY | 8,700 | EUR | 661.30 | 5,753,310.00 | 1.98% | 1.96% |
| MICHELIN-B- | 5,437 | EUR | 134.50 | 731,276.50 | 0.25% | 0.25% |
| NATIXIS | 36,035 | EUR | 4.00 | 144,140.00 | 0.05% | 0.05% |
| ORANGE SA | 65,494 | EUR | 9.62 | 629,724.81 | 0.22% | 0.21% |
| ORPEA | 1,800 | EUR | 107.25 | 193,050.00 | 0.07% | 0.07% |
| PERNOD-RICARD | 6,741 | EUR | 187.20 | 1,261,915.20 | 0.43% | 0.43% |
| PUBLICIS NEW | 6,932 | EUR | 53.94 | 373,912.08 | 0.13% | 0.13% |
| RENAULT | 6,473 | EUR | 34.09 | 220,632.21 | 0.08% | 0.08% |
| SAFRAN | 11,100 | EUR | 116.92 | 1,297,812.00 | 0.45% | 0.44% |
| SAINT-GOBAIN | 16,132 | EUR | 55.54 | 895,971.28 | 0.31% | 0.31% |
| SANOFI | 35,600 | EUR | 88.36 | 3,145,616.00 | 1.08% | 1.07% |
| SARTORIUS STEDIM | 900 | EUR | 398.90 | 359,010.00 | 0.12% | 0.12% |
| SCHNEIDER ELECTRIC | 16,890 | EUR | 132.68 | 2,240,965.20 | 0.77% | 0.76% |
| SCOR | 5,512 | EUR | 26.82 | 147,831.84 | 0.05% | 0.05% |
| SEB SA | 880 | EUR | 152.40 | 134,112.00 | 0.05% | 0.05% |
| SOCGEN-A- | 26,783 | EUR | 24.86 | 665,825.38 | 0.23% | 0.23% |
| SODEXO | 2,784 | EUR | 78.70 | 219,100.80 | 0.08% | 0.07% |
| SUEZ SA | 12,346 | EUR | 20.05 | 247,537.30 | 0.09% | 0.08% |
| TELEPERFORMANCE | 1,900 | EUR | 342.30 | 650,370.00 | 0.22% | 0.22% |
| THALES | 2,984 | EUR | 86.04 | 256,743.36 | 0.09% | 0.09% |
| TOTALENERGIES SE | 79,016 | EUR | 38.16 | 3,014,855.48 | 1.04% | 1.03% |
| UBISOFT | 3,000 | EUR | 59.04 | 177,120.00 | 0.06% | 0.06% |
| UNIBAIL RODAMCO WEST | 4,700 | EUR | 72.99 | 343,053.00 | 0.12% | 0.12% |
| VALEO SA | 6,800 | EUR | 25.37 | 172,516.00 | 0.06% | 0.06% |
| VEOLIA ENVIRON. | 15,794 | EUR | 25.47 | 402,273.18 | 0.14% | 0.14% |
| VINCI | 17,017 | EUR | 89.99 | 1,531,359.83 | 0.53% | 0.52% |
| VIVENDI | 23,300 | EUR | 28.33 | 660,089.00 | 0.23% | 0.23% |
| WENDEL | 1,027 | EUR | 113.40 | 116,461.80 | 0.04% | 0.04% |
| WORLDLINE SA | 7,384 | EUR | 78.94 | 582,892.96 | 0.20% | 0.20% |
| United Kingdom |  |  |  | 48,615,508.54 |  | 16.72% | 16.59% |
| 3I GROUP | 29,346 | GBP | 11.73 | 400,988.50 | 0.14% | 0.14% |
| ABRDN PLC | 65,800 | GBP | 2.71 | 207,720.89 | 0.07% | 0.07% |
| ADMIRAL GROUP | 6,453 | GBP | 31.44 | 236,335.63 | 0.08% | 0.08% |
| ANGLO AMERICAN | 40,000 | GBP | 28.73 | 1,338,458.85 | 0.46% | 0.46% |
| ANTOFAGASTA | 11,581 | GBP | 14.36 | 193,657.48 | 0.07% | 0.07% |
| ASHTEAD GROUP | 14,000 | GBP | 53.64 | 874,785.95 | 0.30% | 0.30% |
| ASTRAZENECA | 41,000 | GBP | 86.83 | 4,147,044.09 | 1.43% | 1.42% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| AUTO TRADER GRP | 35,000 | GBP | 6.33 | 258,244.51 |  | 0.09% | 0.09% |
| AVEVA GROUP PLC | 4,444 | GBP | 37.08 | 191,954.71 | 0.07% | 0.07% |
| AVIVA | 121,924 | GBP | 4.06 | 576,491.96 | 0.20% | 0.20% |
| BAE SYSTEMS | 105,000 | GBP | 5.22 | 638,476.32 | 0.22% | 0.22% |
| BARCLAYS NEW | 575,000 | GBP | 1.71 | 1,146,182.07 | 0.39% | 0.39% |
| BARRATT DEVELOPMENT | 29,100 | GBP | 6.95 | 235,661.02 | 0.08% | 0.08% |
| BERKELEY GROUP-UNITS | 4,700 | GBP | 45.95 | 251,575.51 | 0.09% | 0.09% |
| BHP GROUP PLC | 66,500 | GBP | 21.30 | 1,650,008.74 | 0.57% | 0.56% |
| BP PLC | 654,100 | GBP | 3.15 | 2,400,157.26 | 0.83% | 0.82% |
| BRITISH FOODS | 14,000 | GBP | 22.16 | 361,395.54 | 0.12% | 0.12% |
| BRITISH LAND | 25,318 | GBP | 4.95 | 145,959.32 | 0.05% | 0.05% |
| BT GROUP | 281,044 | GBP | 1.94 | 635,127.68 | 0.22% | 0.22% |
| BUNZL NEW | 11,939 | GBP | 23.89 | 332,253.14 | 0.11% | 0.11% |
| BURBERRY GROUP | 12,346 | GBP | 20.66 | 297,126.64 | 0.10% | 0.10% |
| COCA-COLA EUROPACIF | 7,500 | USD | 59.32 | 375,158.11 | 0.13% | 0.13% |
| COMPASS GROUP | 54,413 | GBP | 15.22 | 964,722.30 | 0.33% | 0.33% |
| CRODA INTERNATIONAL | 4,873 | GBP | 73.68 | 418,245.26 | 0.14% | 0.14% |
| DIAGEO | 80,744 | GBP | 34.61 | 3,255,343.75 | 1.12% | 1.11% |
| DIRECT LINE INS | 46,833 | GBP | 2.85 | 155,482.61 | 0.05% | 0.05% |
| EVRAZ PLC | 20,000 | GBP | 5.92 | 137,923.00 | 0.05% | 0.05% |
| GLAXOSMITHKLINE | 159,900 | GBP | 14.19 | 2,643,858.82 | 0.91% | 0.90% |
| HALMA PLC | 11,500 | GBP | 26.92 | 360,626.71 | 0.12% | 0.12% |
| HARGREAVES LANSD | 12,000 | GBP | 15.89 | 222,121.27 | 0.08% | 0.08% |
| HIKMA PHARMA | 5,000 | GBP | 24.46 | 142,466.07 | 0.05% | 0.05% |
| HSBC HOLDINGS | 645,000 | GBP | 4.17 | 3,135,401.01 | 1.08% | 1.07% |
| INFORMA PLC | 41,396 | GBP | 5.02 | 241,880.53 | 0.08% | 0.08% |
| INTERCONT HOTELS | 5,464 | GBP | 48.10 | 306,154.58 | 0.11% | 0.10% |
| INTERTEK GROUP | 4,826 | GBP | 55.30 | 310,883.34 | 0.11% | 0.11% |
| JD SPORTS FSN | 16,000 | GBP | 9.19 | 171,285.46 | 0.06% | 0.06% |
| JOHNSON MATTHEY | 5,853 | GBP | 30.73 | 209,520.29 | 0.07% | 0.07% |
| KINGFISHER NEW | 68,408 | GBP | 3.65 | 290,462.07 | 0.10% | 0.10% |
| LAND SECS REIT | 25,207 | GBP | 6.75 | 198,320.32 | 0.07% | 0.07% |
| LEGAL | 190,000 | GBP | 2.58 | 570,143.86 | 0.20% | 0.19% |
| LLOYDS BK GROUP PLC | 2,250,000 | GBP | 0.47 | 1,223,746.29 | 0.42% | 0.42% |
| LONDON STOCK EXCHANG | 10,410 | GBP | 79.70 | 966,482.61 | 0.33% | 0.33% |
| MELROSE INDUSTRIES | 170,535 | GBP | 1.55 | 308,113.22 | 0.11% | 0.11% |
| M-G PLC | 75,800 | GBP | 2.29 | 202,115.67 | 0.07% | 0.07% |
| MONDI PLC | 14,000 | GBP | 19.01 | 310,023.88 | 0.11% | 0.11% |
| MORRISON SUPERMARKET | 70,000 | GBP | 2.47 | 201,164.89 | 0.07% | 0.07% |
| NATIONAL GRID PLC | 116,000 | GBP | 9.21 | 1,244,251.85 | 0.43% | 0.42% |
| NATWEST GROUP | 150,481 | GBP | 2.03 | 356,197.09 | 0.12% | 0.12% |
| NEXT | 3,995 | GBP | 78.56 | 365,597.53 | 0.13% | 0.12% |
| NMC HEALTH PLC | 5,000 | GBP | 0.00 | 0.00 | 0.00% | 0.00% |
| OCADO GROUP PLC | 15,100 | GBP | 20.03 | 352,324.54 | 0.12% | 0.12% |
| PEARSON | 21,696 | GBP | 8.30 | 209,769.70 | 0.07% | 0.07% |
| PERSIMMON | 10,900 | GBP | 29.58 | 375,586.23 | 0.13% | 0.13% |
| PHOENIX GRP | 17,000 | GBP | 6.76 | 133,948.40 | 0.05% | 0.05% |
| PRUDENTIAL | 84,000 | GBP | 13.73 | 1,343,980.43 | 0.46% | 0.46% |
| RECKITT BENCKISER | 24,230 | GBP | 63.97 | 1,805,571.79 | 0.62% | 0.62% |
| RELX PLC | 60,500 | GBP | 19.19 | 1,352,431.71 | 0.47% | 0.46% |
| RENTOKIL INITIAL NEW | 61,900 | GBP | 4.95 | 356,928.18 | 0.12% | 0.12% |
| RIO TINTO-LONDON- | 36,100 | GBP | 59.49 | 2,501,705.40 | 0.86% | 0.85% |
| ROLLS-ROYCE HLDGS | 274,620 | GBP | 0.99 | 316,447.20 | 0.11% | 0.11% |
| ROYAL DUTCH SHELL-A | 129,268 | EUR | 17.00 | 2,198,073.07 | 0.76% | 0.75% |
| ROYAL DUTCH SHELL-B | 116,000 | GBP | 13.99 | 1,890,430.43 | 0.65% | 0.65% |
| SAGE GRP | 36,526 | GBP | 6.84 | 291,118.75 | 0.10% | 0.10% |
| SAINSBURY | 67,439 | GBP | 2.72 | 213,523.44 | 0.07% | 0.07% |
| SCHRODERS NEW | 4,073 | GBP | 35.13 | 166,677.72 | 0.06% | 0.06% |
| SEGRO PLC -REIT- | 42,000 | GBP | 10.95 | 535,488.38 | 0.18% | 0.18% |
| SEVERN TRENT | 5,986 | GBP | 25.01 | 174,395.55 | 0.06% | 0.06% |
| SMITH NEPHEW | 28,577 | GBP | 15.62 | 520,141.69 | 0.18% | 0.18% |
| SMITHS GROUP | 11,000 | GBP | 15.90 | 203,739.30 | 0.07% | 0.07% |
| SPIRAX SARCO ENG | 2,300 | GBP | 136.15 | 364,779.54 | 0.13% | 0.12% |
| SSE PLC | 34,410 | GBP | 15.01 | 601,458.50 | 0.21% | 0.21% |
| ST.JAMES PLACE | 19,000 | GBP | 14.77 | 326,903.14 | 0.11% | 0.11% |
| STANDARD CHARTERED-N | 84,151 | GBP | 4.61 | 451,902.98 | 0.16% | 0.15% |
| TAYLOR WIMPEY | 132,900 | GBP | 1.59 | 246,076.71 | 0.08% | 0.08% |
| TESCO PLC | 266,526 | GBP | 2.23 | 692,200.73 | 0.24% | 0.24% |
| UNILEVER PLC | 86,000 | GBP | 42.30 | 4,238,138.51 | 1.46% | 1.45% |
| UNITED UTILITIES GRP | 23,000 | GBP | 9.74 | 261,065.87 | 0.09% | 0.09% |
| VODAFONE GROUP | 882,410 | GBP | 1.21 | 1,247,266.92 | 0.43% | 0.43% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| WHITBREAD PLC | 6,252 | GBP | 31.22 | 227,371.94 |  | 0.08% | 0.08% |
| Ireland |  |  |  | 59,406,744.95 |  | 20.43% | 20.27% |
| CRH | 25,431 | EUR | 42.50 | 1,080,817.50 | 0.37% | 0.37% |
| DCC | 3,300 | GBP | 59.18 | 227,496.07 | 0.08% | 0.08% |
| FLUTTER ENTERT | 5,353 | EUR | 152.70 | 817,403.10 | 0.28% | 0.28% |
| KERRY | 5,164 | EUR | 117.80 | 608,319.20 | 0.21% | 0.21% |
| KINGSPAN GROUP PLC | 4,600 | EUR | 79.64 | 366,344.00 | 0.13% | 0.13% |
| SMURFIT KAPPA | 7,400 | EUR | 45.75 | 338,550.00 | 0.12% | 0.12% |
| Isle of Man |  |  |  | 3,438,929.87 |  | 1.18% | 1.17% |
| ENTAIN PLC | 19,900 | GBP | 17.45 | 404,629.86 | 0.14% | 0.14% |
| Italy |  |  |  | 404,629.86 |  | 0.14% | 0.14% |
| AMPLIFON SPA | 4,000 | EUR | 41.64 | 166,560.00 | 0.06% | 0.06% |
| ATLANTIA SPA | 17,661 | EUR | 15.27 | 269,683.47 | 0.09% | 0.09% |
| DIASORIN SPA | 900 | EUR | 159.50 | 143,550.00 | 0.05% | 0.05% |
| ENEL NEW | 258,681 | EUR | 7.83 | 2,025,989.59 | 0.70% | 0.69% |
| ENI SPA | 78,700 | EUR | 10.27 | 808,249.00 | 0.28% | 0.28% |
| FINECOBANK SPA | 17,000 | EUR | 14.70 | 249,900.00 | 0.09% | 0.09% |
| GENERALI | 32,570 | EUR | 16.91 | 550,595.85 | 0.19% | 0.19% |
| INFRASTRUTTURE WIREL | 6,000 | EUR | 9.51 | 57,072.00 | 0.02% | 0.02% |
| INTESA SANPAOLO | 530,000 | EUR | 2.33 | 1,234,635.00 | 0.42% | 0.42% |
| MEDIOBANCA | 21,948 | EUR | 9.85 | 216,187.80 | 0.07% | 0.07% |
| MONCLER SPA | 5,700 | EUR | 57.06 | 325,242.00 | 0.11% | 0.11% |
| NEXI SPA | 14,000 | EUR | 18.51 | 259,140.00 | 0.09% | 0.09% |
| POSTE ITALIANE | 18,300 | EUR | 11.15 | 204,045.00 | 0.07% | 0.07% |
| PRYSMIAN SPA | 8,707 | EUR | 30.23 | 263,212.61 | 0.09% | 0.09% |
| RECORDATI IND-NEW | 2,500 | EUR | 48.20 | 120,500.00 | 0.04% | 0.04% |
| SNAM SPA | 60,947 | EUR | 4.88 | 297,116.63 | 0.10% | 0.10% |
| TELECOM ITALIA | 200,000 | EUR | 0.45 | 89,360.00 | 0.03% | 0.03% |
| TELECOM ITALIA | 344,299 | EUR | 0.42 | 144,226.85 | 0.05% | 0.05% |
| TERNA | 48,520 | EUR | 6.28 | 304,899.68 | 0.10% | 0.10% |
| UNICREDIT SPA | 67,748 | EUR | 9.95 | 674,092.60 | 0.23% | 0.23% |
| Jersey |  |  |  | 8,404,258.08 |  | 2.89% | 2.87% |
| EXPERIAN | 30,500 | GBP | 27.86 | 989,842.16 | 0.34% | 0.34% |
| FERGUSON NEWCO PLC | 6,964 | GBP | 100.50 | 815,285.69 | 0.28% | 0.28% |
| GLENCORE PLC | 320,000 | GBP | 3.09 | 1,153,520.88 | 0.40% | 0.39% |
| WPP PLC | 43,949 | GBP | 9.74 | 498,749.09 | 0.17% | 0.17% |
| Luxembourg (Grand Duchy) |  |  |  | 3,457,397.82 |  | 1.19% | 1.18% |
| ARCELORMITTAL | 21,409 | EUR | 25.85 | 553,422.65 | 0.19% | 0.19% |
| AROUNDTOWN S.A. | 28,000 | EUR | 6.58 | 184,240.00 | 0.06% | 0.06% |
| EUROFINS SCIENTIFIC | 4,100 | EUR | 96.40 | 395,240.00 | 0.14% | 0.13% |
| INPOST S.A. | 5,000 | EUR | 16.93 | 84,630.00 | 0.03% | 0.03% |
| TENARIS | 11,000 | EUR | 9.19 | 101,112.00 | 0.03% | 0.03% |
| Netherlands |  |  |  | 1,318,644.65 |  | 0.45% | 0.45% |
| ABN AMRO DR | 16,000 | EUR | 10.19 | 163,072.00 | 0.06% | 0.06% |
| ADYEN N.V. | 580 | EUR | 2,060.50 | 1,195,090.00 | 0.41% | 0.41% |
| AEGON | 48,948 | EUR | 3.50 | 171,269.05 | 0.06% | 0.06% |
| AIRBUS | 18,436 | EUR | 108.44 | 1,999,199.84 | 0.69% | 0.68% |
| AKZO NOBEL NV | 6,219 | EUR | 104.20 | 648,019.80 | 0.22% | 0.22% |
| ARGEN-X N.V. | 1,400 | EUR | 255.10 | 357,140.00 | 0.12% | 0.12% |
| ASM INTERNATIONAL | 1,450 | EUR | 277.00 | 401,650.00 | 0.14% | 0.14% |
| ASML HOLDING NV | 13,370 | EUR | 579.40 | 7,746,578.00 | 2.66% | 2.64% |
| CNH INDUSTRIAL | 30,777 | EUR | 13.93 | 428,569.73 | 0.15% | 0.15% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| DAVIDE CAMP MIL | 21,000 | EUR | 11.29 | 237,195.00 |  | 0.08% | 0.08% |
| DSM | 5,200 | EUR | 157.40 | 818,480.00 | 0.28% | 0.28% |
| EXOR RG | 3,360 | EUR | 67.56 | 227,001.60 | 0.08% | 0.08% |
| FERRARI NV | 4,217 | EUR | 174.00 | 733,758.00 | 0.25% | 0.25% |
| HEINEKEN | 4,000 | EUR | 84.95 | 339,800.00 | 0.12% | 0.12% |
| HEINEKEN- | 8,900 | EUR | 102.20 | 909,580.00 | 0.31% | 0.31% |
| ING GROUP | 121,900 | EUR | 11.14 | 1,357,966.00 | 0.47% | 0.46% |
| JDE PEETS | 2,400 | EUR | 30.60 | 73,440.00 | 0.03% | 0.03% |
| JUST EAT TAKEAWAY | 5,200 | EUR | 77.87 | 404,924.00 | 0.14% | 0.14% |
| KONINKLIJKE AHOLD | 36,500 | EUR | 25.07 | 915,055.00 | 0.31% | 0.31% |
| KONINKLIJKE VOPAK | 1,441 | EUR | 38.30 | 55,190.30 | 0.02% | 0.02% |
| KPN NEW | 107,322 | EUR | 2.63 | 282,686.15 | 0.10% | 0.10% |
| NN GROUP NV | 9,244 | EUR | 39.78 | 367,726.32 | 0.13% | 0.13% |
| PHILIPS NV | 29,251 | EUR | 41.79 | 1,222,399.29 | 0.42% | 0.42% |
| PROSUS NV | 15,400 | EUR | 82.47 | 1,270,038.00 | 0.44% | 0.43% |
| QIAGEN RG | 6,371 | EUR | 40.76 | 259,681.96 | 0.09% | 0.09% |
| RANDSTAD N.V. | 3,470 | EUR | 64.50 | 223,815.00 | 0.08% | 0.08% |
| STELLANTIS N.V. | 63,110 | EUR | 16.55 | 1,044,722.94 | 0.36% | 0.36% |
| STMICROELECTRONICS | 21,654 | EUR | 30.61 | 662,720.67 | 0.23% | 0.23% |
| WOLTERS KLUWER | 9,000 | EUR | 84.72 | 762,480.00 | 0.26% | 0.26% |
| Norway |  |  |  | 25,279,248.65 |  | 8.69% | 8.63% |
| ADEVINTA ASA B | 9,000 | NOK | 165.00 | 145,518.33 | 0.05% | 0.05% |
| DNB HOLDING -A- | 30,299 | NOK | 187.60 | 556,996.38 | 0.19% | 0.19% |
| EQUINOR ASA | 31,800 | NOK | 182.18 | 567,700.22 | 0.20% | 0.19% |
| GJENSIDIGE FORSIKRI | 7,000 | NOK | 189.80 | 130,192.36 | 0.04% | 0.04% |
| MOWI ASA | 16,200 | NOK | 219.00 | 347,656.52 | 0.12% | 0.12% |
| NORSK | 50,000 | NOK | 54.94 | 269,184.41 | 0.09% | 0.09% |
| ORKLA | 27,563 | NOK | 87.70 | 236,873.96 | 0.08% | 0.08% |
| SCHIBSTED ASA | 2,500 | NOK | 415.60 | 101,813.83 | 0.04% | 0.03% |
| SCHIBSTED -B- | 2,900 | NOK | 358.60 | 101,905.95 | 0.04% | 0.03% |
| TELENOR | 21,327 | NOK | 145.10 | 303,241.35 | 0.10% | 0.10% |
| YARA INTERNATIONAL | 4,754 | NOK | 453.20 | 211,125.32 | 0.07% | 0.07% |
| Portugal |  |  |  | 2,972,208.63 |  | 1.02% | 1.01% |
| BANCO ESPIRITO | 191,850 | EUR | 0.00 | 0.00 | 0.00% | 0.00% |
| EDP-ENERGIAS-REG | 92,656 | EUR | 4.47 | 414,172.32 | 0.14% | 0.14% |
| GALP ENERGIA -B- | 17,922 | EUR | 9.15 | 164,022.14 | 0.06% | 0.06% |
| JERONIMO | 9,615 | EUR | 15.38 | 147,878.70 | 0.05% | 0.05% |
| Sweden |  |  |  | 726,073.16 |  | 0.25% | 0.25% |
| ALFA LAVAL | 11,426 | SEK | 302.30 | 340,571.86 | 0.12% | 0.12% |
| ASSA ABLOY AB -B- | 32,431 | SEK | 257.80 | 824,365.19 | 0.28% | 0.28% |
| ATLAS COPCO-A RG | 21,600 | SEK | 524.00 | 1,115,992.90 | 0.38% | 0.38% |
| ATLAS COPCO-B | 12,287 | SEK | 450.00 | 545,173.54 | 0.19% | 0.19% |
| BALDER -B- | 3,500 | SEK | 537.00 | 185,318.48 | 0.06% | 0.06% |
| BOLIDEN AB | 10,400 | SEK | 329.00 | 337,369.36 | 0.12% | 0.12% |
| ELECTROLUX | 7,466 | SEK | 237.30 | 174,687.62 | 0.06% | 0.06% |
| EMBRACER GROUP AB | 6,500 | SEK | 231.50 | 148,368.17 | 0.05% | 0.05% |
| EPIROC AB A | 21,100 | SEK | 195.00 | 405,689.21 | 0.14% | 0.14% |
| EPIROC AB-B | 9,895 | SEK | 167.95 | 163,859.72 | 0.06% | 0.06% |
| EQT AB | 7,000 | SEK | 310.60 | 214,375.86 | 0.07% | 0.07% |
| ERICSSON-B- | 94,000 | SEK | 107.56 | 996,907.91 | 0.34% | 0.34% |
| ESSITY -B- | 20,000 | SEK | 283.80 | 559,652.93 | 0.19% | 0.19% |
| EVOLUTION AB | 5,200 | SEK | 1,352.40 | 693,401.70 | 0.24% | 0.24% |
| HENNES MAURITZ AB | 26,034 | SEK | 203.00 | 521,090.71 | 0.18% | 0.18% |
| HEXAGON AB -B- | 67,081 | SEK | 126.80 | 838,677.85 | 0.29% | 0.29% |
| HUSQVARNA B | 11,500 | SEK | 113.70 | 128,924.28 | 0.04% | 0.04% |
| ICA GRUPPEN AB | 3,500 | SEK | 398.30 | 137,453.17 | 0.05% | 0.05% |
| INDUSTRIVAERDEN AB | 5,000 | SEK | 313.20 | 154,407.41 | 0.05% | 0.05% |
| INDUSTRIVAERDEN AB | 3,500 | SEK | 332.80 | 114,849.14 | 0.04% | 0.04% |
| INVESTOR AB | 56,280 | SEK | 197.25 | 1,094,579.96 | 0.38% | 0.37% |
| KINNEVIK AB B | 7,500 | SEK | 342.60 | 253,352.40 | 0.09% | 0.09% |
| LATOUR AB INVESTMENT | 5,000 | SEK | 280.80 | 138,434.23 | 0.05% | 0.05% |
| LUNDBERG -B- | 3,000 | SEK | 552.20 | 163,340.56 | 0.06% | 0.06% |

| Description | Quantity at 30 June 2021 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| LUNDIN ENERGY AB | 7,000 | SEK | 302.80 | 208,992.31 |  | 0.07% | 0.07% |
| NIBE INDUSTRIER AK B | 50,000 | SEK | 90.02 | 443,798.07 | 0.15% | 0.15% |
| SANDVIK-AB- | 36,000 | SEK | 218.60 | 775,941.63 | 0.27% | 0.26% |
| SECURITAS | 11,012 | SEK | 135.10 | 146,689.13 | 0.05% | 0.05% |
| SINCH AB | 12,000 | SEK | 144.00 | 170,380.60 | 0.06% | 0.06% |
| SKANDINAVISKA | 52,000 | SEK | 110.55 | 566,811.28 | 0.19% | 0.19% |
| SKANSKA-B- | 10,236 | SEK | 227.00 | 229,103.92 | 0.08% | 0.08% |
| SKF-B-ANC | 12,179 | SEK | 217.90 | 261,664.77 | 0.09% | 0.09% |
| SVENSKA CELLULOSA | 20,000 | SEK | 140.25 | 276,572.67 | 0.10% | 0.09% |
| SVENSKA HANDELSBK A | 47,899 | SEK | 96.56 | 456,037.02 | 0.16% | 0.16% |
| SWEDBANK A | 30,500 | SEK | 159.24 | 478,881.88 | 0.16% | 0.16% |
| TELE2 | 17,891 | SEK | 116.60 | 205,688.29 | 0.07% | 0.07% |
| TELIA COMPANY AB | 98,805 | SEK | 37.98 | 370,007.29 | 0.13% | 0.13% |
| VOLVO-A- | 6,000 | SEK | 212.20 | 125,537.37 | 0.04% | 0.04% |
| VOLVO-B | 44,601 | SEK | 205.90 | 905,476.82 | 0.31% | 0.31% |
|  |  |  |  | 15,872,427.21 |  | 5.46% | 5.42% |
| Total - Shares |  |  |  | 290,793,781.61 | 100.00% | 99.23% |
| Total - Transferable securities admitted to an official stock exchange listing |  |  |  | 290,793,781.61 | 100.00% | 99.23% |
| Total - portfolio |  |  |  | 290,793,781.61 | 100.00% | 99.23% |
| Collatéral |  |  |  | 0.00 |  | 0.00% |
| Deposits and liquid assets |  |  |  |  |  |  |
| deposit and liquid assets |  |  |  |  |  |  |
| Banque Degroof Petercam |  | USD |  | 115.92 |  | 0.00% |
| Banque Degroof Petercam |  | AUD |  | 0.57 |  | 0.00% |
| Banque Degroof Petercam |  | EUR |  | 2,144,010.30 |  | 0.73% |
| Banque Degroof Petercam |  | GBP |  | 4,670.39 |  | 0.00% |
| Banque Degroof Petercam |  | SEK |  | 13.60 |  | 0.00% |
| Banque Degroof Petercam |  | USD |  | 8,003.16 |  | 0.00% |
| Banque Degroof Petercam |  | NOK |  | 11,642.07 |  | 0.00% |
| Banque Degroof Petercam |  | DKK |  | 0.59 |  | 0.00% |
| Banque Degroof Petercam |  | DKK |  | 11,956.16 |  | 0.00% |
| Banque Degroof Petercam |  | SEK |  | 8,901.97 |  | 0.00% |
| Banque Degroof Petercam |  | CHF |  | 4,355.22 |  | 0.00% |
| Banque Degroof Petercam |  | GBP |  | 2.45 |  | 0.00% |
| Banque Degroof Petercam |  | AUD |  | 0.01 |  | 0.00% |
| Total - deposit and liquid assets |  |  |  | 2,193,672.41 |  | 0.75% |
| Total - Deposits and liquid assets |  |  |  | 2,193,672.41 |  | 0.75% |
| Other receivables and other payables |  |  |  | 69,670.20 |  | 0.02% |
| Others |  |  |  | 0.00 |  | 0.00% |
| Total net assets |  |  |  | 293,057,124.22 |  | 100,00% |

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

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

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

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