# Statement of assets as at 30/06/2021
| Quantity or | holding Currency | Rate | Market value | % |
| --- | --- | --- | --- | --- |
| Units or | 30/06/2021 |  | in EUR | of fund |
| % of 1,000 |  |  |  | assets *) |

Berenberg Eurozone Focus Fund - REC
| Unit value |
| --- |
| Issuing price |
| Redemption price |
| Units in circulation |

| EUR |
| --- |
| EUR |
| EUR |
| QTY |

| 159.10 |
| --- |
| 159.10 |
| 159.10 |
| 51,716.644 |

*) Minor rounding differences may arise due to rounding of the share percentages during calculation.
| Berenberg Eurozone Focus Fund - R |
| --- |
| Comparative overview since launch |

| Financial year | Units outstanding at the |
| --- | --- |
|  | end of the financial year |

| Fund assets at the |
| --- |
| end of the financial year |

| Unit value at the |
| --- |
| end of the financial year |

| 2017/2018 *) | Quantity | 217,804.854 |
| --- | --- | --- |

| EUR | 19,011,038.07 |
| --- | --- |

| EUR | 87.28 |
| --- | --- |

| 2019 | Quantity | 213,527.104 |
| --- | --- | --- |

| EUR | 26,104,171.59 |
| --- | --- |

| EUR | 122.25 |
| --- | --- |

| 2020 | Quantity | 232,184.902 |
| --- | --- | --- |

| EUR | 35,230,557.21 |
| --- | --- |

| EUR | 151.73 |
| --- | --- |

| 30.06.2021 | Quantity | 222,519.926 |
| --- | --- | --- |

| EUR | 38,347,337.58 |
| --- | --- |

| EUR | 172.33 |
| --- | --- |

*) Launch date: 02/10/2017
Performance of units outstanding during the reporting period	Quantity
| Units outstanding at the start of the reporting period |
| --- |
| Units issued |
| Units redeemed |

| 232,184.902 |
| --- |
| 29,804.074 |
| -39,469.050 |

Units outstanding at the end of the reporting period	222,519.926
| Berenberg Eurozone Focus Fund - M |
| --- |
| Comparative overview since launch |

| Financial year | Units outstanding at the |
| --- | --- |
|  | end of the financial year |

| Fund assets at the |
| --- |
| end of the financial year |

| Unit value at the |
| --- |
| end of the financial year |

| 2017/2018 *) | Quantity | 20,000.000 |
| --- | --- | --- |

| EUR | 1,739,523.41 |
| --- | --- |

| EUR | 86.98 |
| --- | --- |

| 2019 | Quantity | 25,136.000 |
| --- | --- | --- |

| EUR | 3,066,603.43 |
| --- | --- |

| EUR | 122.00 |
| --- | --- |

| 2020 | Quantity | 94,869.846 |
| --- | --- | --- |

| EUR | 14,397,244.53 |
| --- | --- |

| EUR | 151.76 |
| --- | --- |

| 30.06.2021 | Quantity | 105,953.052 |
| --- | --- | --- |

| EUR | 18,320,461.48 |
| --- | --- |

| EUR | 172.91 |
| --- | --- |

*) Launch date: 02/10/2017
Performance of units outstanding during the reporting period	Quantity
| Units outstanding at the start of the reporting period |
| --- |
| Units issued |
| Units redeemed |

| 94,869.846 |
| --- |
| 14,198.932 |
| -3,115.726 |

Units outstanding at the end of the reporting period	105,953.052
| Berenberg Eurozone Focus Fund - B |
| --- |
| Comparative overview since launch |

| Financial year | Units outstanding at the |
| --- | --- |
|  | end of the financial year |

| Fund assets at the |
| --- |
| end of the financial year |

| Unit value at the |
| --- |
| end of the financial year |

| 2017/2018 *) | Quantity | 9,100.000 |
| --- | --- | --- |

| EUR | 807,811.28 |
| --- | --- |

| EUR | 88.77 |
| --- | --- |

| 2019 | Quantity | 195,828.000 |
| --- | --- | --- |

| EUR | 24,644,205.00 |
| --- | --- |

| EUR | 125.85 |
| --- | --- |

| 2020 | Quantity | 352,815.000 |
| --- | --- | --- |

| EUR | 55,838,251.00 |
| --- | --- |

| EUR | 158.26 |
| --- | --- |

| 30.06.2021 | Quantity | 295,985.000 |
| --- | --- | --- |

| EUR | 53,557,891.99 |
| --- | --- |

| EUR | 180.95 |
| --- | --- |

*) Launch date: 02/10/2017
Performance of units outstanding during the reporting period	Quantity
| Units outstanding at the start of the reporting period |
| --- |
| Units issued |
| Units redeemed |

| 352,815.000 |
| --- |
| 34,602.000 |
| -91,432.000 |

Units outstanding at the end of the reporting period	295,985.000
| Berenberg Eurozone Focus Fund - IEC |
| --- |
| Comparative overview since launch |

| Financial year | Units outstanding at the |
| --- | --- |
|  | end of the financial year |

| Fund assets at the |
| --- |
| end of the financial year |

| Unit value at the |
| --- |
| end of the financial year |

| 2019*) | Quantity | 101,520.000 |
| --- | --- | --- |

| EUR | 11,192,648.25 |
| --- | --- |

| EUR | 110.25 |
| --- | --- |

| 2020 | Quantity | 206,248.261 |
| --- | --- | --- |

| EUR | 28,530,128.34 |
| --- | --- |

| EUR | 138.33 |
| --- | --- |

| 30.06.2021 | Quantity | 109,455.055 |
| --- | --- | --- |

| Quantity | 17,290,076.43 |
| --- | --- |

| Quantity | 157.97 |
| --- | --- |

*) Launch date: 31/07/2019
Performance of units outstanding during the reporting period	Quantity
| Units outstanding at the start of the reporting period |
| --- |
| Units issued |
| Units redeemed |

| 206,248.261 |
| --- |
| 18,232.204 |
| -115,025.410 |

Units outstanding at the end of the reporting period	109,455.055
| Berenberg Eurozone Focus Fund - RE CF C |
| --- |
| Comparative overview since launch |

| Financial year | Units outstanding at the |
| --- | --- |
|  | end of the financial year |

| Fund assets at the |
| --- |
| end of the financial year |

| Unit value at the |
| --- |
| end of the financial year |

| 2020*) | Quantity | 38,786.351 |
| --- | --- | --- |

| EUR | 5,447,704.99 |
| --- | --- |

| EUR | 140.45 |
| --- | --- |

| 30.06.2021 | Quantity | 36,677.694 |
| --- | --- | --- |

| EUR | 5,877,108.64 |
| --- | --- |

| EUR | 160.24 |
| --- | --- |

*) Launch date: 24/04/2020
Performance of units outstanding during the reporting period	Quantity
| Units outstanding at the start of the reporting period |
| --- |
| Units issued |
| Units redeemed |

| 38,786.351 |
| --- |
| 33,467.040 |
| -35,575.697 |

Units outstanding at the end of the reporting period	36,677.694
| Berenberg Eurozone Focus Fund - REC |
| --- |
| Comparative overview since launch |

| Financial year | Units outstanding at the |
| --- | --- |
|  | end of the financial year |

| Fund assets at the |
| --- |
| end of the financial year |

| Unit value at the |
| --- |
| end of the financial year |

| 2020*) | Quantity | 20,610.139 |
| --- | --- | --- |

| EUR | 2,882,687.96 |
| --- | --- |

| EUR | 139.87 |
| --- | --- |

| 30.06.2021 | Quantity | 51,716.644 |
| --- | --- | --- |

| EUR | 8,227,872.41 |
| --- | --- |

| EUR | 159.10 |
| --- | --- |

*) Launch date: 24/04/2020
Performance of units outstanding during the reporting period	Quantity
| Units outstanding at the start of the reporting period |
| --- |
| Units issued |
| Units redeemed |

| 20,610.139 |
| --- |
| 32,512.379 |
| -1,405.874 |

Units outstanding at the end of the reporting period	51,716.644

Translation (ENDE, 2021-06-30):
# Vermögensaufstellung zum 30.06.2021
| Stück bzw. | Bestand Währung | Kurs | Kurswert | % |
| --- | --- | --- | --- | --- |
| Anteile bzw. | 30.06.2021 |  | in EUR | des Fonds- |
| % in 1.000 |  |  |  | vermögens *) |

Berenberg Eurozone Focus Fund - REC
| Anteilwert |
| --- |
| Ausgabepreis |
| Rücknahmepreis |
| Anteile im Umlauf |

| EUR |
| --- |
| EUR |
| EUR |
| STK |

| 159,10 |
| --- |
| 159,10 |
| 159,10 |
| 51.716,644 |

*) Durch Rundung der Prozent-Anteile bei der Berechnung können geringfügige Rundungsdifferenzen entstanden sein.
| Berenberg Eurozone Focus Fund - R |
| --- |
| Vergleichende Übersicht seit Auflegung |

| Geschäftsjahr | Umlaufende Anteile am |
| --- | --- |
|  | Ende des Geschäftsjahres |

| Fondsvermögen am |
| --- |
| Ende des Geschäftsjahres |

| Anteilwert am |
| --- |
| Ende des Geschäftsjahres |

| 2017/2018 *) | Stück | 217.804,854 |
| --- | --- | --- |

| EUR | 19.011.038,07 |
| --- | --- |

| EUR | 87,28 |
| --- | --- |

| 2019 | Stück | 213.527,104 |
| --- | --- | --- |

| EUR | 26.104.171,59 |
| --- | --- |

| EUR | 122,25 |
| --- | --- |

| 2020 | Stück | 232.184,902 |
| --- | --- | --- |

| EUR | 35.230.557,21 |
| --- | --- |

| EUR | 151,73 |
| --- | --- |

| 30.06.2021 | Stück | 222.519,926 |
| --- | --- | --- |

| EUR | 38.347.337,58 |
| --- | --- |

| EUR | 172,33 |
| --- | --- |

*) Auflagedatum 02.10.2017
Entwicklung des Anteilumlaufs im Berichtszeitraum	Stücke
| Anteilumlauf zu Beginn des Berichtszeitraumes |
| --- |
| Ausgegebene Anteile |
| Zurückgenommene Anteile |

| 232.184,902 |
| --- |
| 29.804,074 |
| -39.469,050 |

Anteilumlauf am Ende des Berichtszeitraumes	222.519,926
| Berenberg Eurozone Focus Fund - M |
| --- |
| Vergleichende Übersicht seit Auflegung |

| Geschäftsjahr | Umlaufende Anteile am |
| --- | --- |
|  | Ende des Geschäftsjahres |

| Fondsvermögen am |
| --- |
| Ende des Geschäftsjahres |

| Anteilwert am |
| --- |
| Ende des Geschäftsjahres |

| 2017/2018 *) | Stück | 20.000,000 |
| --- | --- | --- |

| EUR | 1.739.523,41 |
| --- | --- |

| EUR | 86,98 |
| --- | --- |

| 2019 | Stück | 25.136,000 |
| --- | --- | --- |

| EUR | 3.066.603,43 |
| --- | --- |

| EUR | 122,00 |
| --- | --- |

| 2020 | Stück | 94.869,846 |
| --- | --- | --- |

| EUR | 14.397.244,53 |
| --- | --- |

| EUR | 151,76 |
| --- | --- |

| 30.06.2021 | Stück | 105.953,052 |
| --- | --- | --- |

| EUR | 18.320.461,48 |
| --- | --- |

| EUR | 172,91 |
| --- | --- |

*) Auflagedatum 02.10.2017
Entwicklung des Anteilumlaufs im Berichtszeitraum	Stücke
| Anteilumlauf zu Beginn des Berichtszeitraumes |
| --- |
| Ausgegebene Anteile |
| Zurückgenommene Anteile |

| 94.869,846 |
| --- |
| 14.198,932 |
| -3.115,726 |

Anteilumlauf am Ende des Berichtszeitraumes	105.953,052
| Berenberg Eurozone Focus Fund - B |
| --- |
| Vergleichende Übersicht seit Auflegung |

| Geschäftsjahr | Umlaufende Anteile am |
| --- | --- |
|  | Ende des Geschäftsjahres |

| Fondsvermögen am |
| --- |
| Ende des Geschäftsjahres |

| Anteilwert am |
| --- |
| Ende des Geschäftsjahres |

| 2017/2018 *) | Stück | 9.100,000 |
| --- | --- | --- |

| EUR | 807.811,28 |
| --- | --- |

| EUR | 88,77 |
| --- | --- |

| 2019 | Stück | 195.828,000 |
| --- | --- | --- |

| EUR | 24.644.205,00 |
| --- | --- |

| EUR | 125,85 |
| --- | --- |

| 2020 | Stück | 352.815,000 |
| --- | --- | --- |

| EUR | 55.838.251,00 |
| --- | --- |

| EUR | 158,26 |
| --- | --- |

| 30.06.2021 | Stück | 295.985,000 |
| --- | --- | --- |

| EUR | 53.557.891,99 |
| --- | --- |

| EUR | 180,95 |
| --- | --- |

*) Auflagedatum 02.10.2017
Entwicklung des Anteilumlaufs im Berichtszeitraum	Stücke
| Anteilumlauf zu Beginn des Berichtszeitraumes |
| --- |
| Ausgegebene Anteile |
| Zurückgenommene Anteile |

| 352.815,000 |
| --- |
| 34.602,000 |
| -91.432,000 |

Anteilumlauf am Ende des Berichtszeitraumes	295.985,000
| Berenberg Eurozone Focus Fund - IEC |
| --- |
| Vergleichende Übersicht seit Auflegung |

| Geschäftsjahr | Umlaufende Anteile am |
| --- | --- |
|  | Ende des Geschäftsjahres |

| Fondsvermögen am |
| --- |
| Ende des Geschäftsjahres |

| Anteilwert am |
| --- |
| Ende des Geschäftsjahres |

| 2019 *) | Stück | 101.520,000 |
| --- | --- | --- |

| EUR | 11.192.648,25 |
| --- | --- |

| EUR | 110,25 |
| --- | --- |

| 2020 | Stück | 206.248,261 |
| --- | --- | --- |

| EUR | 28.530.128,34 |
| --- | --- |

| EUR | 138,33 |
| --- | --- |

| 30.06.2021 | Stück | 109.455,055 |
| --- | --- | --- |

| Stück | 17.290.076,43 |
| --- | --- |

| Stück | 157,97 |
| --- | --- |

*) Auflagedatum 31.07.2019
Entwicklung des Anteilumlaufs im Berichtszeitraum	Stücke
| Anteilumlauf zu Beginn des Berichtszeitraumes |
| --- |
| Ausgegebene Anteile |
| Zurückgenommene Anteile |

| 206.248,261 |
| --- |
| 18.232,204 |
| -115.025,410 |

Anteilumlauf am Ende des Berichtszeitraumes	109.455,055
| Berenberg Eurozone Focus Fund - RE CF C |
| --- |
| Vergleichende Übersicht seit Auflegung |

| Geschäftsjahr | Umlaufende Anteile am |
| --- | --- |
|  | Ende des Geschäftsjahres |

| Fondsvermögen am |
| --- |
| Ende des Geschäftsjahres |

| Anteilwert am |
| --- |
| Ende des Geschäftsjahres |

| 2020 *) | Stück | 38.786,351 |
| --- | --- | --- |

| EUR | 5.447.704,99 |
| --- | --- |

| EUR | 140,45 |
| --- | --- |

| 30.06.2021 | Stück | 36.677,694 |
| --- | --- | --- |

| EUR | 5.877.108,64 |
| --- | --- |

| EUR | 160,24 |
| --- | --- |

*) Auflagedatum 24.04.2020
Entwicklung des Anteilumlaufs im Berichtszeitraum	Stücke
| Anteilumlauf zu Beginn des Berichtszeitraumes |
| --- |
| Ausgegebene Anteile |
| Zurückgenommene Anteile |

| 38.786,351 |
| --- |
| 33.467,040 |
| -35.575,697 |

Anteilumlauf am Ende des Berichtszeitraumes	36.677,694
| Berenberg Eurozone Focus Fund - REC |
| --- |
| Vergleichende Übersicht seit Auflegung |

| Geschäftsjahr | Umlaufende Anteile am |
| --- | --- |
|  | Ende des Geschäftsjahres |

| Fondsvermögen am |
| --- |
| Ende des Geschäftsjahres |

| Anteilwert am |
| --- |
| Ende des Geschäftsjahres |

| 2020 *) | Stück | 20.610,139 |
| --- | --- | --- |

| EUR | 2.882.687,96 |
| --- | --- |

| EUR | 139,87 |
| --- | --- |

| 30.06.2021 | Stück | 51.716,644 |
| --- | --- | --- |

| EUR | 8.227.872,41 |
| --- | --- |

| EUR | 159,10 |
| --- | --- |

*) Auflagedatum 24.04.2020
Entwicklung des Anteilumlaufs im Berichtszeitraum	Stücke
| Anteilumlauf zu Beginn des Berichtszeitraumes |
| --- |
| Ausgegebene Anteile |
| Zurückgenommene Anteile |

| 20.610,139 |
| --- |
| 32.512,379 |
| -1.405,874 |

Anteilumlauf am Ende des Berichtszeitraumes	51.716,644