# from 1 January 2021 to 30 June 2021
of HESPER FUND – GLOBAL SOLUTIONS
18	Acquisitions and disposals from 1 January 2021 to 30 June 2021
Purchases and sales of securities, promissory note loans and derivatives executed during the period under review, including changes excluding capital movements to the extent not reported in the statement of net assets.
| ISIN | Securities |  | Acquisitions in the period under review | Disposals in the period under review |
| --- | --- | --- | --- | --- |
| Equities, rights and profit participation certificates |  |  |  |
| Securities traded on an exchange |  |  |  |
| Germany |  |  |  |
| DE000A3CMGN3 | hGears AG | EUR | 10,000 | 10,000 |
| Italy |  |  |  |
| IT0005239360 | UniCredit S.p.A. | EUR | 80,000 | 80,000 |
| Canada |  |  |  |
| CA0679011084 | Barrick Gold Corporation | USD | 0 | 44,000 |
| Netherlands |  |  |  |
| NL00150002Q7 | Vivoryon Therapeutics N.V. | EUR | 10,000 | 10,000 |
| Switzerland |  |  |  |
| CH0038863350 | Nestlé S.A. | CHF | 0 | 4,000 |
| CH0014852781 | Swiss Life Holding AG | CHF | 0 | 740 |
| CH0011075394 | Zurich Insurance Group AG | CHF | 0 | 1,000 |
| United States of America |  |  |  |
| US9497461015 | Wells Fargo & Co. | USD | 22,300 | 22,300 |
| Securities admitted to or included in organised markets |  |  |  |
| Germany |  |  |  |
| DE000A0LR9G9 | EXASOL AG | EUR | 0 | 20,000 |
| Unlisted securities |  |  |  |
| Germany |  |  |  |
| DE0007921835 | Vivoryon Therapeutics AG | EUR | 0 | 10,000 |
| Bonds |  |  |  |
| Securities traded on an exchange |  |  |  |
| USD |  |  |  |
| US345370CA64 | 7.450 %	Ford Motor Co. v.99(2031) |  | 0 | 400,000 |
| US36164QNA21 | 4.418 %	GE Capital International Funding Co. v.16(2035) |  | 0 | 400,000 |
| US912810SS87 | 1.625 %	United States of America v.20(2050) |  | 500,000 | 500,000 |
| US92343VCQ59 | 4.400 %	Verizon Communications Inc. v.14(2034) |  | 0 | 500,000 |

| ISIN | Securities |  | Acquisitions in the period under review | Disposals in the period under review |
| --- | --- | --- | --- | --- |
| Securities admitted to or included in organised markets |  |  |  |
| EUR |  |  |  |
| IT0005422891 | 0.900 %	Italy Reg.S. v.20(2031) |  | 3,000,000 | 6,000,000 |
| XS0982711714 | 4.750 %	Petrobras Global Finance BV v.14(2025) |  | 0 | 100,000 |
| USD |  |  |  |
| US00206RCP55 | 4.500 %	AT & T Inc. v.15(2035) |  | 0 | 250,000 |
| US097023CV59 | 5.705 %	Boeing Co. v.20(2040) |  | 0 | 500,000 |
| US11135FBA84 | 4.750 %	Broadcom Inc. v.19(2029) |  | 0 | 300,000 |
| US29278GAF54 | 3.500 %	ENEL Finance International NV 144A v.17(2028) |  | 0 | 200,000 |
| US345370CW84 | 9.000 %	Ford Motor Co. v.20(2025) |  | 0 | 200,000 |
| US369604BW26 | 3.625 %	General Electric Co. v.20(2030) |  | 0 | 600,000 |
| US37045VAS97 | 5.000 %	General Motors Co. v.18(2028) |  | 0 | 200,000 |
| US55616PAA21 | 8.375 %	Macy’s, Inc. 144A v.20(2025) |  | 0 | 300,000 |
| Investment fund units 1) |  |  |  |
| Germany |  |  |  |
| DE000A0F5UJ7 | iShares (DE) I Investmentaktiengesellschaft mit | EUR | 138,000 | 138,000 |
| Teilgesellschaftsvermögen-iShares STOXX Europe 600 |  |  |  |
| Banks UCITS ETF (DE) |  |  |  |
| DE0005933923 | iShares MDAX UCITS ETF DE | EUR | 5,200 | 18,200 |
| Ireland |  |  |  |
| IE00BJ5JPG56 | iShares IV-MSCI China UCITS ETF | USD | 70,000 | 170,000 |
| IE00BJZ2DD79 | Xtrackres (IE) - Russell 2000 | EUR | 7,500 | 7,500 |
| Luxembourg |  |  |  |
| LU1681045024 | AIS-Amundi MSCI EM LAT.AMERICA | EUR | 0 | 200,000 |
| LU1834988278 | Lyxor IF-L.ST.Eu.600 Oil & G. | EUR | 33,200 | 33,200 |
| LU1781541849 | MUL-Lyxor MSCI EM Asia UCITS ETF | EUR | 0 | 260,000 |
| Options |  |  |  |
| USD |  |  |  |
| Call on E-Mini S&P 500 Index Future June 2021/4,000.00 |  | 5 | 5 |
| Put on E-Mini S&P 500 Index Future September 2021/3,800.00 |  | 120 | 120 |
| Put on S&P 500 Index June 2021/3,600.00 |  | 11 | 11 |
| Futures contracts |  |  |  |
| CHF |  |  |  |
| Swiss Market Index Future June 2021 |  | 7 | 7 |
| EUR |  |  |  |
| Euro Stoxx 50 Price Index Future June 2021 |  | 88 | 88 |
| EUX 10YR Euro-BTP Future June 2021 |  | 60 | 60 |
| EUX 10YR Euro-BTP Future March 2021 |  | 0 | 10 |
| EUX 10YR Euro-BTP Future September 2021 |  | 60 | 60 |
| FTSE MIB Index Future March 2021 |  | 6 | 6 |

Acquisitions and disposals from 1 January 2021 to 30 June 2021
Purchases and sales of securities, promissory note loans and derivatives executed during the period under review, including changes excluding capital movements to the extent not reported in the statement of net assets.
19
1)	Information on subscription and redemption fees as well as the maximum amount of the management fee for target fund units may be obtained on application from the registered office of the Management Company and from the depositary and paying agents free of charge.
Acquisitions and disposals from 1 January 2021 to 30 June 2021
| ISIN	Securities | Acquisitions in the period under review | Disposals in the period under review |
| --- | --- | --- |
| GBP |  |  |
| LIF 3MO Sterling Future March 2021 | 0 | 150 |
| USD |  |  |
| CBT 10YR US T-Bond Future June 2021 | 74 | 74 |
| Dow Jones Industrial Average Index Future June 2021 | 13 | 13 |
| Dow Jones Industrial Average Index Future March 2021 | 0 | 12 |
| Dow Jones Industrial Average Index Future September 2021 | 14 | 14 |
| Nasdaq 100 Index Future March 2021 | 3 | 3 |
| Russell 2000 Index Future June 2021 | 18 | 18 |
| S&P 500 Index Future June 2021 | 60 | 60 |
| S&P 500 Index Future June 2021 | 20 | 20 |

Purchases and sales of securities, promissory note loans and derivatives executed during the period under review, including changes excluding capital movements to the extent not reported in the statement of net assets.
20
Exchange rates
For the valuation of assets in a foreign currency, the following exchange rate for 30 June 2021 was used for conversion into euro.
| Sterling | EUR 1 = | GBP | 0.8604 |
| --- | --- | --- | --- |
| Norwegian krone | EUR 1 = | NOK | 10.1834 |
| Russian rouble | EUR 1 = | RUB | 86.5122 |
| Swiss franc | EUR 1 = | CHF | 1.0959 |
| US dollar | EUR 1 = | USD | 1.1904 |

HESPER FUND

Translation (ENFR, 2021-06-30):
# du 1er janvier 2021 au 30 juin 2021
18	Entrées et sorties du 1er janvier 2021 au 30 juin 2021
Achats et ventes de valeurs mobilières, prêts sur reconnaissance de dette et produits dérivés, y compris les opérations sans mouvements de trésorerie, effectués pendant la période considérée dès lors qu’ils ne sont pas cités dans l'état des actifs.
| ISIN | Valeurs mobilières |  | Entrées au cours de la période | Sorties au cours de la période |
| --- | --- | --- | --- | --- |
| Actions, droits et bons de jouissance |  |  |  |
| Valeurs mobilières négociées en Bourse |  |  |  |
| Allemagne |  |  |  |
| DE000A3CMGN3 | hGears AG | EUR | 10.000 | 10.000 |
| Italie |  |  |  |
| IT0005239360 | UniCredit S.p.A. | EUR | 80.000 | 80.000 |
| Canada |  |  |  |
| CA0679011084 | Barrick Gold Corporation | USD | 0 | 44.000 |
| Pays-Bas |  |  |  |
| NL00150002Q7 | Vivoryon Therapeutics N.V. | EUR | 10.000 | 10.000 |
| Suisse |  |  |  |
| CH0038863350 | Nestlé S.A. | CHF | 0 | 4.000 |
| CH0014852781 | Swiss Life Holding SA | CHF | 0 | 740 |
| CH0011075394 | Zurich Insurance Group AG | CHF | 0 | 1.000 |
| Etats-Unis d’Amérique |  |  |  |
| US9497461015 | Wells Fargo & Co. | USD | 22.300 | 22.300 |
| Valeurs mobilières cotées ou négociées sur des marchés réglementés |  |  |  |
| Allemagne |  |  |  |
| DE000A0LR9G9 | EXASOL AG | EUR | 0 | 20.000 |
| Valeurs mobilières non cotées |  |  |  |
| Allemagne |  |  |  |
| DE0007921835 | Vivoryon Therapeutics AG | EUR | 0 | 10.000 |
| Obligations |  |  |  |
| Valeurs mobilières négociées en Bourse |  |  |  |
| USD |  |  |  |
| US345370CA64 | 7,450 %	Ford Motor Co. v.99(2031) |  | 0 | 400.000 |
| US36164QNA21 | 4,418 %	GE Capital International Funding Co. v.16(2035) |  | 0 | 400.000 |
| US912810SS87 | 1,625 %	Etats-Unis d’Amérique v.20(2050) |  | 500.000 | 500.000 |
| US92343VCQ59 | 4,400 %	Verizon Communications Inc. v.14(2034) |  | 0 | 500.000 |

Entrées et sorties du 1
er 
janvier 2021 au 30 juin 2021
| ISIN | Valeurs mobilières |  | Entrées au cours de la période | Sorties au cours de la période |
| --- | --- | --- | --- | --- |
| Valeurs mobilières cotées ou négociées sur des marchés réglementés |
| EUR |  |  |  |  |
| IT0005422891 | 0,900 %	Italie Reg.S. v.20(2031) |  | 3.000.000 | 6.000.000 |
| XS0982711714 | 4,750 %	Petrobras Global Finance BV v.14(2025) |  | 0 | 100.000 |
| USD |  |  |  |  |
| US00206RCP55 | 4,500 %	AT & T Inc. v.15(2035) |  | 0 | 250.000 |
| US097023CV59 | 5,705 %	Boeing Co. v.20(2040) |  | 0 | 500.000 |
| US11135FBA84 | 4,750 %	Broadcom Inc. v.19(2029) |  | 0 | 300.000 |
| US29278GAF54 | 3,500 %	ENEL Finance International NV 144A v.17(2028) |  | 0 | 200.000 |
| US345370CW84 | 9,000 %	Ford Motor Co. v.20(2025) |  | 0 | 200.000 |
| US369604BW26 | 3,625 %	General Electric Co. v.20(2030) |  | 0 | 600.000 |
| US37045VAS97 | 5,000 %	General Motors Co. v.18(2028) |  | 0 | 200.000 |
| US55616PAA21 | 8,375 %	Macy‘s, Inc. 144A v.20(2025) |  | 0 | 300.000 |
| Parts de fonds d’investissement 1) |
| Allemagne |  |  |  |  |
| DE000A0F5UJ7 | iShares (DE) I Investmentaktiengesellschaft mit | EUR | 138.000 | 138.000 |
|  | Teilgesellschaftsvermögen-iShares STOXX Europe 600 |  |  |  |
|  | Banks UCITS ETF (DE) |  |  |  |
| DE0005933923 | iShares MDAX UCITS ETF DE | EUR | 5.200 | 18.200 |
| Irlande |  |  |  |  |
| IE00BJ5JPG56 | iShares IV-MSCI China UCITS ETF | USD | 70.000 | 170.000 |
| IE00BJZ2DD79 | Xtrackres (IE) - Russell 2000 | EUR | 7.500 | 7.500 |
| Luxembourg |  |  |  |  |
| LU1681045024 | AIS-Amundi MSCI EM LAT.AMERICA | EUR | 0 | 200.000 |
| LU1834988278 | Lyxor IF-L.ST.Eu.600 Oil & G. | EUR | 33.200 | 33.200 |
| LU1781541849 | MUL-Lyxor MSCI EM Asia UCITS ETF | EUR | 0 | 260.000 |
| Options |  |  |  |
| USD |  |  |  |
| Call sur E-Mini S&P 500 Index Future juin 2021/4.000,00 |  | 5 | 5 |
| Put sur E-Mini S&P 500 Index Future septembre 2021/3.800,00 |  | 120 | 120 |
| Put sur S&P 500 Index juin 2021/3.600,00 |  | 11 | 11 |
| Contrats à terme |  |  |  |
| CHF |  |  |  |
| Swiss Market Index Future juin 2021 |  | 7 | 7 |
| EUR |  |  |  |
| Euro Stoxx 50 Price Index Future juin 2021 |  | 88 | 88 |
| EUX 10YR Euro-BTP Future juin 2021 |  | 60 | 60 |
| EUX 10YR Euro-BTP Future mars 2021 |  | 0 | 10 |
| EUX 10YR Euro-BTP Future septembre 2021 |  | 60 | 60 |
| FTSE MIB Index Future mars 2021 |  | 6 | 6 |

Achats et ventes de valeurs mobilières, prêts sur reconnaissance de dette et produits dérivés, y compris les opérations sans mouvements de trésorerie, effectués pendant la période considérée dès lors qu’ils ne sont pas cités dans l'état des actifs.
19
1)	Les informations relatives aux commissions de souscription et de rachat ainsi qu’au montant maximal de la commission de gestion applicable aux parts de fonds cible peuvent être obtenues gratuitement sur simple demande auprès du siège de la société de gestion, du dépositaire et des agents payeurs.
Entrées et sorties du 1er janvier 2021 au 30 juin 2021
| ISIN	Valeurs mobilières | Entrées au cours de la période | Sorties au cours de la période |
| --- | --- | --- |
| GBP |  |  |
| LIF 3MO Sterling Future mars 2021 | 0 | 150 |
| USD |  |  |
| CBT 10YR US T-Bond Future juin 2021 | 74 | 74 |
| Dow Jones Industrial Average Index Future juin 2021 | 13 | 13 |
| Dow Jones Industrial Average Index Future mars 2021 | 0 | 12 |
| Dow Jones Industrial Average Index Future septembre 2021 | 14 | 14 |
| Nasdaq 100 Index Future mars 2021 | 3 | 3 |
| Russell 2000 Index Future juin 2021 | 18 | 18 |
| S&P 500 Index Future juin 2021 | 60 | 60 |
| S&P 500 Index Future juin 2021 | 20 | 20 |

Achats et ventes de valeurs mobilières, prêts sur reconnaissance de dette et produits dérivés, y compris les opérations sans mouvements de trésorerie, effectués pendant la période considérée dès lors qu’ils ne sont pas cités dans l'état des actifs.
20
Taux de change
A des fins d’évaluation, la valeur des actifs libellés en devise étrangère est convertie en euros sur la base des taux de change suivants au 30 juin 2021.
| Livre sterling | EUR 1 = | GBP | 0,8604 |
| --- | --- | --- | --- |
| Couronne norvégienne | EUR 1 = | NOK | 10,1834 |
| Rouble russe | EUR 1 = | RUB | 86,5122 |
| Franc suisse | EUR 1 = | CHF | 1,0959 |
| Dollar US | EUR 1 = | USD | 1,1904 |

HESPER FUND