# Statement of assets as at 30/06/2020
| Name | ISIN |
| --- | --- |

| Quantity or | holding | Currency | Rate | Market value | % |
| --- | --- | --- | --- | --- | --- |
| Units or | 30.06.2020 |  |  | in EUR | of fund |
| % of 1,000 |  |  |  |  | assets *) |

| SAP SE Inhaber-Aktien o.N. | DE0007164600 | QTY | 37,350 | EUR | 124.320 | 4,643,352.00 | 5.02 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Siemens Healthineers AG Namens-Aktien o.N. | DE000SHL1006 | QTY | 37,219 | EUR | 42.650 | 1,587,390.35 | 1.72 |
| STRATEC SE Namens-Aktien o.N. | DE000STRA555 | QTY | 11,090 | EUR | 87.400 | 969,266.00 | 1.05 |
| Ströer SE & Co. KGaA Inhaber-Aktien o.N. | DE0007493991 | QTY | 22,399 | EUR | 59.900 | 1,341,700.10 | 1.45 |
| Téléperformance SE Actions Port. EO 2.5 | FR0000051807 | QTY | 20,665 | EUR | 225.900 | 4,668,223.50 | 5.04 |
| Worldline S.A. Actions Port. EO -,68 | FR0011981968 | QTY | 47,205 | EUR | 77.080 | 3,638,561.40 | 3.93 |

| 91,648,976.32 | 99.03 |
| --- | --- |

Total securities	
EUR
| 1,072,497.18 | 1.16 |
| --- | --- |


## Bank deposits, non-securitised money market instruments and money market funds	EUR
| Bank deposits |
| --- |
| Deposits with State Street International GmbH, Luxembourg branch |
| Deposits in the fund currency |

| 1,072,497.18 | 1.16 |
| --- | --- |

EUR
| 1,072,497.18 | EUR |
| --- | --- |

| 1,072,497.18 | 1.16 |
| --- | --- |

| -179,336.01 | -0.19 |
| --- | --- |


## Liabilities	EUR
| Management fee |
| --- |
| Depositary fee |
| Portfolio management fee |
| Auditing and publication costs |
| Taxe d’abonnement |
| Other liabilities |

| -26,594.63 | EUR |
| --- | --- |
| -23,667.40 | EUR |
| -96,229.33 | EUR |
| -9,750.00 | EUR |
| -10,223.82 | EUR |
| -12,870.83 | EUR |

| -26,594.63 | -0.03 |
| --- | --- |
| -23,667.40 | -0.03 |
| -96,229.33 | -0.10 |
| -9,750.00 | -0.01 |
| -10,223.82 | -0.01 |
| -12,870.83 | -0.01 |

Fund assets
| 	EUR	92,542,137.49	 | 100.00 |
| --- | --- |

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

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

| 126.86 |
| --- |
| 133.20 |
| 126.86 |
| 219,255.956 |

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

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

| 126.50 |
| --- |
| 126.50 |
| 126.50 |
| 52,824.000 |

| Name | ISIN |
| --- | --- |

Translation (ENDE, 2020-06-30):
# Vermögensaufstellung zum 30.06.2020
| Gattungsbezeichnung | ISIN |
| --- | --- |

Stück bzw.		Bestand Währung	Kurs	Kurswert		% Anteile bzw.	30.06.2020			in EUR	des Fonds-
% in 1.000	vermögens *)
| 91.648.976,32 | 99,03 |
| --- | --- |

Bestandspositionen	
EUR
| 91.648.976,32 | 99,03 |
| --- | --- |


## Börsengehandelte Wertpapiere	EUR
| 91.648.976,32 | 99,03 |
| --- | --- |

Aktien	
EUR
| adidas AG Namens-Aktien o.N. | DE000A1EWWW0 |
| --- | --- |
| Adyen N.V. Aandelen op naam EO-,01 | NL0012969182 |
| Amadeus IT Group S.A. Acciones Port. EO 0,01 | ES0109067019 |
| ASML Holding N.V. Aandelen op naam EO -,09 | NL0010273215 |
| BE Semiconductor Inds N.V. Aandelen op Naam EO-,01 | NL0012866412 |
| Bechtle AG Inhaber-Aktien o.N. | DE0005158703 |
| Carel Industries S.p.A. Azioni nom. o.N. | IT0005331019 |
| Deutsche Börse AG Namens-Aktien o.N. | DE0005810055 |
| Evotec SE Inhaber-Aktien o.N. | DE0005664809 |
| GRENKE AG Namens-Aktien o.N. | DE000A161N30 |
| Grifols S.A. Acc. Pref. al Port. B EO -,05 | ES0171996095 |
| GVS S.p.A. Azioni nom. o.N. | IT0005411209 |
| Heineken N.V. Aandelen aan toonder EO 1,60 | NL0000009165 |
| HelloFresh SE Inhaber-Aktien o.N. | DE000A161408 |
| HYPOPORT SE Namens-Aktien o.N. | DE0005493365 |
| ID Logistics Group Actions Port. EO -,50 | FR0010929125 |
| IMCD N.V. Aandelen op naam EO -,16 | NL0010801007 |
| Infineon Technologies AG Namens-Aktien o.N. | DE0006231004 |
| Interpump Group S.p.A. Azioni nom. EO 0,52 | IT0001078911 |
| Kering S.A. Actions Port. EO 4 | FR0000121485 |
| Kerry Group PLC Registered Shares A EO -,125 | IE0004906560 |
| Koninklijke DSM N.V. Aandelen op naam EO 1,50 | NL0000009827 |
| LANXESS AG Inhaber-Aktien o.N. | DE0005470405 |
| LVMH Moët Henn. L. Vuitton SE Actions Port. (C.R.) EO 0,3 | FR0000121014 |
| Moncler S.p.A. Azioni nom. o.N. | IT0004965148 |
| MTU Aero Engines AG Namens-Aktien o.N. | DE000A0D9PT0 |
| Pernod-Ricard S.A. Actions Port. (C.R.) o.N. | FR0000120693 |
| Prosus N.V. Registered Shares EO -,05 | NL0013654783 |
| Reply S.p.A. Azioni nom. EO 0,13 | IT0005282865 |
| Revenio Group Corp. Registered Shares EO 15 | FI0009010912 |

| STK | 9.549 | EUR | 233,600 | 2.230.646,40 | 2,41 |
| --- | --- | --- | --- | --- | --- |
| STK | 2.594 | EUR | 1.295,500 | 3.360.527,00 | 3,63 |
| STK | 27.659 | EUR | 46,380 | 1.282.824,42 | 1,39 |
| STK | 14.058 | EUR | 326,900 | 4.595.560,20 | 4,97 |
| STK | 86.083 | EUR | 39,650 | 3.413.190,95 | 3,69 |
| STK | 22.683 | EUR | 157,000 | 3.561.231,00 | 3,85 |
| STK | 137.751 | EUR | 16,340 | 2.250.851,34 | 2,43 |
| STK | 28.343 | EUR | 161,050 | 4.564.640,15 | 4,93 |
| STK | 141.627 | EUR | 24,200 | 3.427.373,40 | 3,70 |
| STK | 17.696 | EUR | 68,600 | 1.213.945,60 | 1,31 |
| STK | 174.250 | EUR | 16,360 | 2.850.730,00 | 3,08 |
| STK | 49.285 | EUR | 10,350 | 510.099,75 | 0,55 |
| STK | 9.830 | EUR | 82,060 | 806.649,80 | 0,87 |
| STK | 99.466 | EUR | 47,400 | 4.714.688,40 | 5,09 |
| STK | 7.928 | EUR | 394,000 | 3.123.632,00 | 3,38 |
| STK | 4.763 | EUR | 172,400 | 821.141,20 | 0,89 |
| STK | 28.797 | EUR | 83,680 | 2.409.732,96 | 2,60 |
| STK | 155.144 | EUR | 20,875 | 3.238.631,00 | 3,50 |
| STK | 40.696 | EUR | 26,440 | 1.076.002,24 | 1,16 |
| STK | 6.760 | EUR | 484,250 | 3.273.530,00 | 3,54 |
| STK | 14.887 | EUR | 110,300 | 1.642.036,10 | 1,77 |
| STK | 11.404 | EUR | 123,200 | 1.404.972,80 | 1,52 |
| STK | 48.078 | EUR | 46,960 | 2.257.742,88 | 2,44 |
| STK | 5.596 | EUR | 390,500 | 2.185.238,00 | 2,36 |
| STK | 66.873 | EUR | 34,040 | 2.276.356,92 | 2,46 |
| STK | 13.106 | EUR | 154,150 | 2.020.289,90 | 2,18 |
| STK | 17.005 | EUR | 140,050 | 2.381.550,25 | 2,57 |
| STK | 57.094 | EUR | 82,740 | 4.723.957,56 | 5,10 |
| STK | 25.126 | EUR | 71,850 | 1.805.303,10 | 1,95 |
| STK | 48.931 | EUR | 28,150 | 1.377.407,65 | 1,49 |