# COMPOSITION OF THE ASSETS
| Description | Quantity at 30 June 2022 | 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 | 8,000 | EUR | 24.20 | 193,600.00 | 0.09% | 0.09% |
| OMV | 3,717 | EUR | 44.76 | 166,372.92 | 0.08% | 0.08% |
| VERBUND AG | 2,100 | EUR | 93.35 | 196,035.00 | 0.09% | 0.09% |
| VOESTALPINE | 3,000 | EUR | 20.28 | 60,840.00 | 0.03% | 0.03% |
| Belgium |  |  |  | 616,847.92 |  | 0.28% | 0.28% |
| AGEAS SA NV | 3,885 | EUR | 41.98 | 163,092.30 | 0.08% | 0.07% |
| ANHEUSER-BUSCH INBEV | 24,000 | EUR | 51.36 | 1,232,640.00 | 0.57% | 0.56% |
| DIETEREN GROUP | 650 | EUR | 139.60 | 90,740.00 | 0.04% | 0.04% |
| ELIA GROUP | 962 | EUR | 135.20 | 130,062.40 | 0.06% | 0.06% |
| ELIA GROUP DSO | 1 | EUR | 0.44 | 0.44 | 0.00% | 0.00% |
| GBL | 2,350 | EUR | 79.68 | 187,248.00 | 0.09% | 0.09% |
| KBC | 6,900 | EUR | 53.54 | 369,426.00 | 0.17% | 0.17% |
| PROXIMUS SA | 3,000 | EUR | 14.06 | 42,195.00 | 0.02% | 0.02% |
| SOFINA | 350 | EUR | 195.00 | 68,250.00 | 0.03% | 0.03% |
| SOLVAY | 1,700 | EUR | 77.32 | 131,444.00 | 0.06% | 0.06% |
| UCB | 3,100 | EUR | 80.64 | 249,984.00 | 0.12% | 0.11% |
| UMICORE S.A. | 6,086 | EUR | 33.32 | 202,785.52 | 0.09% | 0.09% |
| WAREHOUSES DE PAUW | 3,900 | EUR | 30.00 | 117,000.00 | 0.05% | 0.05% |
| Switzerland |  |  |  | 2,984,867.66 |  | 1.37% | 1.36% |
| ABB-NOM-NEW | 42,500 | CHF | 25.46 | 1,081,077.03 | 0.50% | 0.49% |
| ADECCO-NOM-NEW- | 4,858 | CHF | 32.44 | 157,451.81 | 0.07% | 0.07% |
| ALCON SA | 13,000 | CHF | 66.68 | 866,060.55 | 0.40% | 0.39% |
| BACHEM HLDG N | 750 | CHF | 66.35 | 49,717.75 | 0.02% | 0.02% |
| BALOISE HOLDING | 1,418 | CHF | 155.90 | 220,867.42 | 0.10% | 0.10% |
| BARRY CALLEBAUT-NOM- | 150 | CHF | 2,130.00 | 319,212.71 | 0.15% | 0.15% |
| CLARIANT-NOM-NEW | 4,800 | CHF | 18.18 | 87,185.53 | 0.04% | 0.04% |
| COCA-COLA HBC | 12,700 | GBP | 18.22 | 268,812.73 | 0.12% | 0.12% |
| CREDIT SUISSE NEW | 73,000 | CHF | 5.42 | 395,304.23 | 0.18% | 0.18% |
| EMS-CHEM HLDG N | 200 | CHF | 710.50 | 141,972.22 | 0.07% | 0.06% |
| FINANCIERE RICHEMONT | 13,450 | CHF | 101.65 | 1,365,963.13 | 0.63% | 0.62% |
| GEBERIT | 900 | CHF | 458.80 | 412,548.71 | 0.19% | 0.19% |
| GIVAUDAN | 245 | CHF | 3,357.00 | 821,725.45 | 0.38% | 0.37% |
| HOLCIM LTD | 14,201 | CHF | 40.85 | 579,589.22 | 0.27% | 0.26% |
| JULIUS BAER GRP N | 5,500 | CHF | 44.04 | 242,002.20 | 0.11% | 0.11% |
| KUEHNE NAGEL | 1,500 | CHF | 226.00 | 338,695.17 | 0.16% | 0.15% |
| LINDT NOM | 4 | CHF | 100,100.00 | 400,039.96 | 0.18% | 0.18% |
| LINDT SPRUENGLI | 35 | CHF | 9,710.00 | 339,544.41 | 0.16% | 0.15% |
| LOGITECH N | 4,000 | CHF | 49.87 | 199,300.63 | 0.09% | 0.09% |
| LONZA-NOM- NEW | 1,900 | CHF | 509.00 | 966,230.39 | 0.44% | 0.44% |
| NESTLE NOM | 73,700 | CHF | 111.44 | 8,205,742.83 | 3.78% | 3.73% |
| NOVARTIS-NOM- | 55,950 | CHF | 80.85 | 4,519,489.96 | 2.08% | 2.06% |
| PARTNERS GRP HLDG | 530 | CHF | 860.20 | 455,496.05 | 0.21% | 0.21% |
| ROCHE HOLDING -GE- | 17,970 | CHF | 318.55 | 5,719,196.22 | 2.63% | 2.60% |
| ROCHE-PTR- | 750 | CHF | 368.40 | 276,051.55 | 0.13% | 0.13% |
| SCHINDLER HDG AG-REG | 600 | CHF | 171.60 | 102,867.42 | 0.05% | 0.05% |
| SCHINDLER HD-PART CT | 1,000 | CHF | 174.10 | 173,943.45 | 0.08% | 0.08% |
| SGS S.A. | 150 | CHF | 2,185.00 | 327,455.29 | 0.15% | 0.15% |
| SIKA AG | 3,500 | CHF | 220.00 | 769,307.62 | 0.35% | 0.35% |
| SONOVA HOLDING | 1,400 | CHF | 304.00 | 425,217.30 | 0.20% | 0.19% |
| STRAUMANN HLDG | 2,600 | CHF | 114.65 | 297,821.96 | 0.14% | 0.14% |
| SWATCH GROUP NEW | 700 | CHF | 226.50 | 158,407.43 | 0.07% | 0.07% |
| SWATCH GROUP-NOM-NEW | 1,556 | CHF | 42.44 | 65,977.26 | 0.03% | 0.03% |
| SWISSCOM-NOM- | 650 | CHF | 527.40 | 342,501.75 | 0.16% | 0.16% |
| SWISS LIFE-NOM- | 850 | CHF | 465.00 | 394,894.59 | 0.18% | 0.18% |

| Description | Quantity at 30 June 2022 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| SWISS PRIME SITE | 1,600 | CHF | 83.75 | 133,879.51 |  | 0.06% | 0.06% |
| SWISS RE AG | 7,400 | CHF | 73.98 | 546,959.74 | 0.25% | 0.25% |
| TEMENOS AG | 1,900 | CHF | 81.62 | 154,938.56 | 0.07% | 0.07% |
| UBS GROUP AG | 92,000 | CHF | 15.39 | 1,414,606.85 | 0.65% | 0.64% |
| VAT GROUP | 700 | CHF | 227.60 | 159,176.74 | 0.07% | 0.07% |
| VIFOR PHARMA 2 LINE | 1,300 | CHF | 165.50 | 214,956.54 | 0.10% | 0.10% |
| ZURICH INS GR | 3,750 | CHF | 415.20 | 1,555,599.96 | 0.72% | 0.71% |
| Germany (Federal Republic) |  |  |  | 35,667,789.83 |  | 16.42% | 16.22% |
| ADIDAS AG NA O.N. | 4,400 | EUR | 168.76 | 742,544.00 | 0.34% | 0.34% |
| ALLIANZ-NOM- | 10,500 | EUR | 182.12 | 1,912,260.00 | 0.88% | 0.87% |
| BASF SE | 23,000 | EUR | 41.52 | 955,075.00 | 0.44% | 0.43% |
| BAYER AG | 24,700 | EUR | 56.72 | 1,400,984.00 | 0.64% | 0.64% |
| BECHTLE | 2,700 | EUR | 39.01 | 105,327.00 | 0.05% | 0.05% |
| BEIERSDORF | 3,000 | EUR | 97.48 | 292,440.00 | 0.13% | 0.13% |
| BMW | 8,500 | EUR | 73.46 | 624,410.00 | 0.29% | 0.28% |
| BMW-PRIV- | 1,300 | EUR | 67.60 | 87,880.00 | 0.04% | 0.04% |
| BRENNTAG SE | 4,444 | EUR | 62.10 | 275,972.40 | 0.13% | 0.13% |
| CARL ZEISS MEDITEC | 1,000 | EUR | 113.90 | 113,900.00 | 0.05% | 0.05% |
| COMMERZBANK AG | 28,600 | EUR | 6.69 | 191,219.60 | 0.09% | 0.09% |
| CONTINENTAL | 3,270 | EUR | 66.50 | 217,455.00 | 0.10% | 0.10% |
| COVESTRO | 5,000 | EUR | 32.98 | 164,900.00 | 0.08% | 0.07% |
| DAIM TR HLD E 21 N | 12,900 | EUR | 24.91 | 321,339.00 | 0.15% | 0.15% |
| DELIVERY HERO SE | 4,700 | EUR | 35.77 | 168,119.00 | 0.08% | 0.08% |
| DEUTSCHE BANK-NOM- | 49,000 | EUR | 8.32 | 407,582.00 | 0.19% | 0.19% |
| DEUTSCHE BOERSE | 5,100 | EUR | 159.60 | 813,960.00 | 0.37% | 0.37% |
| DEUTSCHE LUFT-NOM- | 14,000 | EUR | 5.56 | 77,896.00 | 0.04% | 0.04% |
| DEUTSCHE POST | 25,800 | EUR | 35.74 | 922,092.00 | 0.42% | 0.42% |
| DEUTSCHE TELEKOM NOM | 83,300 | EUR | 18.95 | 1,578,201.80 | 0.73% | 0.72% |
| EON.SE | 59,000 | EUR | 8.01 | 472,472.00 | 0.22% | 0.21% |
| EVONIK INDUSTRIES AG | 6,000 | EUR | 20.36 | 122,160.00 | 0.06% | 0.06% |
| FRESENIUS MEDICAL | 5,500 | EUR | 47.63 | 261,965.00 | 0.12% | 0.12% |
| FRESENIUS SE CO | 11,500 | EUR | 28.90 | 332,350.00 | 0.15% | 0.15% |
| GEA GROUP | 3,438 | EUR | 32.89 | 113,075.82 | 0.05% | 0.05% |
| HANNOVER RUECK SE | 1,763 | EUR | 138.50 | 244,175.50 | 0.11% | 0.11% |
| HEIDELBERGCEMENT | 3,900 | EUR | 45.84 | 178,776.00 | 0.08% | 0.08% |
| HELLOFRESH SE | 5,100 | EUR | 30.85 | 157,335.00 | 0.07% | 0.07% |
| HENKEL | 2,571 | EUR | 58.40 | 150,146.40 | 0.07% | 0.07% |
| HENKEL | 5,000 | EUR | 58.78 | 293,900.00 | 0.14% | 0.13% |
| INFINEON | 34,300 | EUR | 23.09 | 791,987.00 | 0.36% | 0.36% |
| KION GROUP AG | 1,955 | EUR | 39.59 | 77,398.45 | 0.04% | 0.04% |
| KNORR-BREMSE AG | 2,000 | EUR | 54.42 | 108,840.00 | 0.05% | 0.05% |
| LEG IMMOBILIEN SE | 2,000 | EUR | 79.12 | 158,240.00 | 0.07% | 0.07% |
| MERCEDES BENZ AG | 22,500 | EUR | 55.22 | 1,242,450.00 | 0.57% | 0.56% |
| MERCK | 3,472 | EUR | 161.00 | 558,992.00 | 0.26% | 0.25% |
| MTU AERO ENGINES AG | 1,500 | EUR | 173.70 | 260,550.00 | 0.12% | 0.12% |
| MUNCHENER-NOM | 3,600 | EUR | 224.20 | 807,120.00 | 0.37% | 0.37% |
| NEMETSCHEK | 1,100 | EUR | 57.76 | 63,536.00 | 0.03% | 0.03% |
| PORSCHE AUTOMOBIL | 4,000 | EUR | 63.12 | 252,480.00 | 0.12% | 0.11% |
| PUMA | 2,824 | EUR | 62.84 | 177,460.16 | 0.08% | 0.08% |
| RATIONAL | 150 | EUR | 554.50 | 83,175.00 | 0.04% | 0.04% |
| RHEINMETALL | 1,150 | EUR | 220.30 | 253,345.00 | 0.12% | 0.12% |
| RWE AG A | 15,000 | EUR | 35.08 | 526,200.00 | 0.24% | 0.24% |
| SAP | 26,700 | EUR | 86.93 | 2,321,031.00 | 1.07% | 1.06% |
| SARTORIUS VZ | 700 | EUR | 333.40 | 233,380.00 | 0.11% | 0.11% |
| SCOUT24 SE | 2,600 | EUR | 48.99 | 127,374.00 | 0.06% | 0.06% |
| SIEMENS ENERGY AG | 10,000 | EUR | 13.98 | 139,850.00 | 0.06% | 0.06% |
| SIEMENS HEALTH | 7,300 | EUR | 48.49 | 353,977.00 | 0.16% | 0.16% |
| SIEMENS-NOM- | 19,900 | EUR | 97.09 | 1,932,091.00 | 0.89% | 0.88% |
| SYMRISE AG | 3,300 | EUR | 103.85 | 342,705.00 | 0.16% | 0.16% |
| TELEFONICA DT H N | 25,000 | EUR | 2.74 | 68,500.00 | 0.03% | 0.03% |
| UNIPER SE | 3,000 | EUR | 14.17 | 42,510.00 | 0.02% | 0.02% |
| UNITED INTERNET | 1,615 | EUR | 27.23 | 43,976.45 | 0.02% | 0.02% |
| VONOVIA SE | 18,000 | EUR | 29.40 | 529,200.00 | 0.24% | 0.24% |
| VW | 714 | EUR | 173.90 | 124,164.60 | 0.06% | 0.06% |
| VW-PRIV- | 4,950 | EUR | 127.42 | 630,729.00 | 0.29% | 0.29% |
| ZALANDO | 6,400 | EUR | 24.96 | 159,744.00 | 0.07% | 0.07% |
|  |  |  |  | 26,110,918.18 |  | 12.02% | 11.87% |

| Description | Quantity at 30 June 2022 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Denmark |  |  |  |  |  |  |  |
| AP MOELLER-MAERS -A- | 80 | DKK | 16,350.00 | 175,885.65 | 0.08% | 0.08% |
| AP MOELLER-MAERS -B- | 165 | DKK | 16,555.00 | 367,312.57 | 0.17% | 0.17% |
| CARLSBERG-B- | 3,796 | DKK | 904.00 | 461,442.18 | 0.21% | 0.21% |
| CHR. HANSEN HOLDING | 3,000 | DKK | 516.60 | 208,400.29 | 0.10% | 0.09% |
| COLOPLAST AS B | 2,735 | DKK | 808.40 | 297,307.79 | 0.14% | 0.14% |
| DANSKE BANK | 15,593 | DKK | 100.30 | 210,306.78 | 0.10% | 0.10% |
| DSV AS | 5,300 | DKK | 991.20 | 706,414.85 | 0.33% | 0.32% |
| GENMAB A-S | 1,875 | DKK | 2,297.00 | 579,141.82 | 0.27% | 0.26% |
| GN STORE N | 3,000 | DKK | 248.70 | 100,327.43 | 0.05% | 0.05% |
| NOVO NORDISK -B- | 43,040 | DKK | 787.20 | 4,555,961.08 | 2.10% | 2.07% |
| NOVOZYMES -B- | 5,435 | DKK | 426.00 | 311,337.77 | 0.14% | 0.14% |
| ORSTED | 5,100 | DKK | 741.90 | 508,789.58 | 0.23% | 0.23% |
| PANDORA AS | 2,800 | DKK | 446.50 | 168,113.33 | 0.08% | 0.08% |
| ROCKWOOL AS | 250 | DKK | 1,597.50 | 53,703.62 | 0.02% | 0.02% |
| TRYG | 10,000 | DKK | 159.35 | 214,276.59 | 0.10% | 0.10% |
| VESTAS WIND SYSTEMS | 26,100 | DKK | 149.90 | 526,095.76 | 0.24% | 0.24% |
| WILLIAM DEMANT HLDG | 2,470 | DKK | 266.30 | 88,448.56 | 0.04% | 0.04% |
| Spain |  |  |  | 9,533,265.65 |  | 4.39% | 4.33% |
| ACCIONA SA | 650 | EUR | 175.50 | 114,075.00 | 0.05% | 0.05% |
| ACS | 4,700 | EUR | 23.13 | 108,711.00 | 0.05% | 0.05% |
| AENA S.A. | 2,000 | EUR | 121.25 | 242,500.00 | 0.11% | 0.11% |
| AMADEUS IT GROUP SA | 12,500 | EUR | 53.16 | 664,500.00 | 0.31% | 0.30% |
| BANCO BILBAO | 175,000 | EUR | 4.33 | 757,837.50 | 0.35% | 0.34% |
| BANCO SANTANDER | 448,200 | EUR | 2.69 | 1,204,761.60 | 0.55% | 0.55% |
| CAIXABANK S.A | 107,347 | EUR | 3.32 | 356,070.00 | 0.16% | 0.16% |
| CELLNEX TELECOM | 13,500 | EUR | 37.03 | 499,905.00 | 0.23% | 0.23% |
| EDP RNOVAVEIS | 7,000 | EUR | 22.52 | 157,640.00 | 0.07% | 0.07% |
| ENAGAS | 5,600 | EUR | 21.07 | 117,992.00 | 0.05% | 0.05% |
| ENDESA | 8,500 | EUR | 18.00 | 153,000.00 | 0.07% | 0.07% |
| FERROVIAL S.A | 13,000 | EUR | 24.19 | 314,470.00 | 0.14% | 0.14% |
| GRIFOLS SA | 9,000 | EUR | 18.04 | 162,315.00 | 0.07% | 0.07% |
| IBERDROLA SA | 153,000 | EUR | 9.90 | 1,514,088.00 | 0.70% | 0.69% |
| INDITEX | 29,400 | EUR | 21.59 | 634,746.00 | 0.29% | 0.29% |
| NATURGY ENERGY GROUP | 5,152 | EUR | 27.47 | 141,525.44 | 0.07% | 0.06% |
| RED ELECTRICA CORP | 9,000 | EUR | 18.02 | 162,225.00 | 0.07% | 0.07% |
| REPSOL | 41,000 | EUR | 14.05 | 576,050.00 | 0.27% | 0.26% |
| SIEMENS GAMESA | 6,600 | EUR | 17.91 | 118,206.00 | 0.05% | 0.05% |
| TELEFONICA | 130,384 | EUR | 4.86 | 633,927.01 | 0.29% | 0.29% |
| Finland |  |  |  | 8,634,544.55 |  | 3.97% | 3.93% |
| ELISA -A- | 4,500 | EUR | 53.62 | 241,290.00 | 0.11% | 0.11% |
| FORTUM CORP | 12,000 | EUR | 14.31 | 171,780.00 | 0.08% | 0.08% |
| KESKO CORP | 9,000 | EUR | 22.51 | 202,590.00 | 0.09% | 0.09% |
| KONE B | 9,500 | EUR | 45.36 | 430,920.00 | 0.20% | 0.20% |
| NESTE CORPORATION | 10,900 | EUR | 42.24 | 460,416.00 | 0.21% | 0.21% |
| NOKIA-A-NEW | 135,000 | EUR | 4.44 | 599,332.50 | 0.28% | 0.27% |
| NORDEA BANK ABP | 82,000 | SEK | 90.00 | 688,873.02 | 0.32% | 0.31% |
| ORION -B- NEW | 3,444 | EUR | 42.60 | 146,714.40 | 0.07% | 0.07% |
| SAMPO OYJ | 13,427 | EUR | 41.52 | 557,489.04 | 0.26% | 0.25% |
| STORA ENSO-R- | 16,000 | EUR | 14.96 | 239,440.00 | 0.11% | 0.11% |
| UPM-KYMMENE | 13,000 | EUR | 29.01 | 377,130.00 | 0.17% | 0.17% |
| WARTSILA -B- | 11,989 | EUR | 7.43 | 89,078.27 | 0.04% | 0.04% |
| France |  |  |  | 4,205,053.23 |  | 1.94% | 1.91% |
| ACCOR | 4,000 | EUR | 25.83 | 103,320.00 | 0.05% | 0.05% |
| ADP | 700 | EUR | 120.85 | 84,595.00 | 0.04% | 0.04% |
| AIR LIQUIDE | 13,750 | EUR | 128.12 | 1,761,650.00 | 0.81% | 0.80% |
| ALSTOM | 9,000 | EUR | 21.59 | 194,310.00 | 0.09% | 0.09% |
| AMUNDI | 1,300 | EUR | 52.20 | 67,860.00 | 0.03% | 0.03% |
| ARKEMA | 1,500 | EUR | 84.92 | 127,380.00 | 0.06% | 0.06% |
| AXA | 50,000 | EUR | 21.66 | 1,083,000.00 | 0.50% | 0.49% |
| BIOMERIEUX S.A. | 1,000 | EUR | 93.20 | 93,200.00 | 0.04% | 0.04% |

| Description | Quantity at 30 June 2022 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| BNP | 29,500 | EUR | 45.37 | 1,338,267.50 |  | 0.62% | 0.61% |
| BOLLORE SE | 23,172 | EUR | 4.42 | 102,420.24 | 0.05% | 0.05% |
| BOUYGUES | 5,000 | EUR | 29.36 | 146,800.00 | 0.07% | 0.07% |
| BUREAU VERITAS SA | 8,717 | EUR | 24.45 | 213,130.65 | 0.10% | 0.10% |
| CAPGEMINI | 4,000 | EUR | 163.45 | 653,800.00 | 0.30% | 0.30% |
| CARREFOUR SA | 17,000 | EUR | 16.89 | 287,045.00 | 0.13% | 0.13% |
| COINTREAU | 1,026 | EUR | 166.70 | 171,034.20 | 0.08% | 0.08% |
| COVIVIO | 1,558 | EUR | 52.95 | 82,496.10 | 0.04% | 0.04% |
| CREDIT AGRICOLE | 32,000 | EUR | 8.73 | 279,392.00 | 0.13% | 0.13% |
| DANONE | 18,600 | EUR | 53.26 | 990,636.00 | 0.46% | 0.45% |
| DASSAULT AVIA | 710 | EUR | 148.90 | 105,719.00 | 0.05% | 0.05% |
| DASSAULT SYSTEMES SE | 17,600 | EUR | 35.12 | 618,024.00 | 0.28% | 0.28% |
| EDENRED SA | 5,822 | EUR | 44.97 | 261,815.34 | 0.12% | 0.12% |
| EDF | 10,000 | EUR | 7.81 | 78,060.00 | 0.04% | 0.04% |
| EIFFAGE | 2,500 | EUR | 85.88 | 214,700.00 | 0.10% | 0.10% |
| ENGIE | 50,000 | EUR | 10.97 | 548,300.00 | 0.25% | 0.25% |
| ESSILOR LUX | 7,180 | EUR | 142.90 | 1,026,022.00 | 0.47% | 0.47% |
| EURAZEO SA | 600 | EUR | 59.10 | 35,460.00 | 0.02% | 0.02% |
| FDJ | 2,800 | EUR | 33.02 | 92,456.00 | 0.04% | 0.04% |
| GECINA | 1,400 | EUR | 89.00 | 124,600.00 | 0.06% | 0.06% |
| GETLINK | 10,000 | EUR | 16.83 | 168,300.00 | 0.08% | 0.08% |
| HERMES | 820 | EUR | 1,067.00 | 874,940.00 | 0.40% | 0.40% |
| IPSEN | 1,300 | EUR | 90.05 | 117,065.00 | 0.05% | 0.05% |
| KERING | 1,950 | EUR | 490.10 | 955,695.00 | 0.44% | 0.43% |
| KLEPIERRE | 4,000 | EUR | 18.36 | 73,440.00 | 0.03% | 0.03% |
| LEGRAND-PROV.OPO | 6,800 | EUR | 70.46 | 479,128.00 | 0.22% | 0.22% |
| L OREAL | 6,400 | EUR | 329.30 | 2,107,520.00 | 0.97% | 0.96% |
| LVMH MOET HENNESSY | 7,050 | EUR | 581.70 | 4,100,985.00 | 1.89% | 1.86% |
| MICHELIN N | 17,200 | EUR | 25.98 | 446,770.00 | 0.21% | 0.20% |
| ORANGE SA | 53,000 | EUR | 11.22 | 594,660.00 | 0.27% | 0.27% |
| PERNOD-RICARD | 5,850 | EUR | 175.30 | 1,025,505.00 | 0.47% | 0.47% |
| PUBLICIS NEW | 6,000 | EUR | 46.66 | 279,960.00 | 0.13% | 0.13% |
| RENAULT | 4,473 | EUR | 23.79 | 106,412.67 | 0.05% | 0.05% |
| SAFRAN | 8,600 | EUR | 94.21 | 810,206.00 | 0.37% | 0.37% |
| SAINT-GOBAIN | 13,600 | EUR | 40.95 | 556,852.00 | 0.26% | 0.25% |
| SANOFI | 28,900 | EUR | 96.34 | 2,784,226.00 | 1.28% | 1.27% |
| SARTORIUS STEDIM | 750 | EUR | 299.30 | 224,475.00 | 0.10% | 0.10% |
| SCHNEIDER ELECTRIC | 13,700 | EUR | 112.90 | 1,546,730.00 | 0.71% | 0.70% |
| SEB SA | 880 | EUR | 91.55 | 80,564.00 | 0.04% | 0.04% |
| SOCGEN-A- | 19,500 | EUR | 20.89 | 407,355.00 | 0.19% | 0.19% |
| SODEXO | 2,784 | EUR | 67.06 | 186,695.04 | 0.09% | 0.08% |
| TELEPERFORMANCE | 1,500 | EUR | 293.30 | 439,950.00 | 0.20% | 0.20% |
| THALES | 2,984 | EUR | 117.05 | 349,277.20 | 0.16% | 0.16% |
| TOTALENERGIES SE | 64,200 | EUR | 50.37 | 3,233,754.00 | 1.49% | 1.47% |
| UBISOFT | 3,000 | EUR | 41.90 | 125,700.00 | 0.06% | 0.06% |
| UNIBAIL RODAMCO WEST | 2,900 | EUR | 48.65 | 141,085.00 | 0.06% | 0.06% |
| VALEO SA | 6,800 | EUR | 18.43 | 125,290.00 | 0.06% | 0.06% |
| VEOLIA ENVIRON. | 16,002 | EUR | 23.29 | 372,686.58 | 0.17% | 0.17% |
| VINCI SA | 13,300 | EUR | 84.96 | 1,129,968.00 | 0.52% | 0.51% |
| VIVENDI | 18,000 | EUR | 9.70 | 174,528.00 | 0.08% | 0.08% |
| WENDEL | 1,027 | EUR | 79.75 | 81,903.25 | 0.04% | 0.04% |
| WORLDLINE SA | 6,000 | EUR | 35.38 | 212,280.00 | 0.10% | 0.10% |
| United Kingdom |  |  |  | 35,199,398.77 |  | 16.20% | 16.01% |
| 3I GROUP | 24,000 | GBP | 11.09 | 309,061.34 | 0.14% | 0.14% |
| ABRDN PLC | 65,800 | GBP | 1.60 | 122,190.17 | 0.06% | 0.06% |
| ADMIRAL GROUP | 4,400 | GBP | 22.44 | 114,702.60 | 0.05% | 0.05% |
| ANGLO AMERICAN | 32,400 | GBP | 29.37 | 1,105,469.33 | 0.51% | 0.50% |
| ANTOFAGASTA | 11,581 | GBP | 11.55 | 155,390.97 | 0.07% | 0.07% |
| ASHTEAD GROUP | 12,400 | GBP | 34.39 | 495,394.98 | 0.23% | 0.23% |
| ASTRAZENECA | 39,450 | GBP | 108.00 | 4,949,581.78 | 2.28% | 2.25% |
| AUTO TRADER GRP | 25,000 | GBP | 5.55 | 161,187.27 | 0.07% | 0.07% |
| AVEVA GROUP PLC | 4,444 | GBP | 22.51 | 116,211.01 | 0.05% | 0.05% |
| AVIVA PLC | 79,800 | GBP | 4.01 | 372,023.00 | 0.17% | 0.17% |
| BAE SYSTEMS | 83,000 | GBP | 8.30 | 800,494.89 | 0.37% | 0.36% |
| BARCLAYS NEW | 460,000 | GBP | 1.53 | 818,252.79 | 0.38% | 0.37% |
| BARRATT DEVELOPMENT | 29,100 | GBP | 4.57 | 154,627.56 | 0.07% | 0.07% |
| BERKELEY GRP | 2,640 | GBP | 37.24 | 114,211.90 | 0.05% | 0.05% |
| BP PLC | 513,200 | GBP | 3.88 | 2,315,004.18 | 1.07% | 1.05% |

| Description | Quantity at 30 June 2022 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| BRITISH FOODS | 20,500 | GBP | 15.78 | 375,801.58 |  | 0.17% | 0.17% |
| BRITISH LAND | 25,318 | GBP | 4.47 | 131,501.84 | 0.06% | 0.06% |
| BT GROUP | 195,000 | GBP | 1.86 | 422,031.83 | 0.19% | 0.19% |
| BUNZL NEW | 9,000 | GBP | 27.19 | 284,282.06 | 0.13% | 0.13% |
| BURBERRY GROUP | 11,846 | GBP | 16.41 | 225,828.14 | 0.10% | 0.10% |
| COCA-COLA EUROPACIF | 7,500 | USD | 51.61 | 370,247.26 | 0.17% | 0.17% |
| COMPASS GROUP | 47,900 | GBP | 16.80 | 934,851.30 | 0.43% | 0.43% |
| CRODA INTERNATIONAL | 4,073 | GBP | 64.72 | 306,232.06 | 0.14% | 0.14% |
| DIAGEO | 66,000 | GBP | 35.30 | 2,706,935.41 | 1.25% | 1.23% |
| GSK PLC | 128,600 | GBP | 17.66 | 2,637,734.20 | 1.21% | 1.20% |
| HALMA PLC | 11,500 | GBP | 20.09 | 268,395.68 | 0.12% | 0.12% |
| HARGREAVES LANSD | 12,000 | GBP | 7.88 | 109,823.42 | 0.05% | 0.05% |
| HIKMA PHARMA | 5,000 | GBP | 16.18 | 93,953.30 | 0.04% | 0.04% |
| HSBC HOLDINGS | 528,200 | GBP | 5.36 | 3,286,523.23 | 1.51% | 1.49% |
| INFORMA PLC | 41,396 | GBP | 5.29 | 254,300.71 | 0.12% | 0.12% |
| INTERCONT HOTELS | 4,400 | GBP | 43.50 | 222,351.30 | 0.10% | 0.10% |
| INTERTEK GROUP | 4,826 | GBP | 42.06 | 235,805.72 | 0.11% | 0.11% |
| JD SPORTS FASHION | 80,000 | GBP | 1.15 | 107,249.07 | 0.05% | 0.05% |
| JOHNSON MATTHEY | 5,853 | GBP | 19.25 | 130,924.16 | 0.06% | 0.06% |
| KINGFISHER NEW | 50,000 | GBP | 2.44 | 141,902.88 | 0.07% | 0.06% |
| LAND SECS REIT | 25,207 | GBP | 6.64 | 194,440.61 | 0.09% | 0.09% |
| LEGAL | 165,000 | GBP | 2.40 | 459,078.76 | 0.21% | 0.21% |
| LLOYDS BK GROUP PLC | 1,850,000 | GBP | 0.42 | 909,311.11 | 0.42% | 0.41% |
| LONDON STOCK EXCHANG | 8,310 | GBP | 76.32 | 736,778.81 | 0.34% | 0.34% |
| MELROSE IND | 113,481 | GBP | 1.50 | 197,352.53 | 0.09% | 0.09% |
| M-G PLC | 75,800 | GBP | 1.95 | 171,360.13 | 0.08% | 0.08% |
| MONDI PLC | 14,000 | GBP | 14.55 | 236,640.33 | 0.11% | 0.11% |
| NATIONAL GRID PLC | 94,000 | GBP | 10.52 | 1,148,791.82 | 0.53% | 0.52% |
| NATWEST GROUP | 160,000 | GBP | 2.18 | 405,762.08 | 0.19% | 0.18% |
| NEXT | 3,995 | GBP | 58.60 | 271,964.45 | 0.13% | 0.12% |
| NMC HEALTH PLC | 5,000 | GBP | 0.00 | 0.00 | 0.00% | 0.00% |
| OCADO GROUP PLC | 14,100 | GBP | 7.81 | 127,961.43 | 0.06% | 0.06% |
| PEARSON | 21,696 | GBP | 7.50 | 188,983.05 | 0.09% | 0.09% |
| PERSIMMON | 8,000 | GBP | 18.63 | 173,141.26 | 0.08% | 0.08% |
| PHOENIX GRP | 17,000 | GBP | 5.90 | 116,598.51 | 0.05% | 0.05% |
| PRUDENTIAL | 69,000 | GBP | 10.16 | 814,405.20 | 0.37% | 0.37% |
| RECKITT BENCKISER | 18,600 | GBP | 61.70 | 1,333,201.67 | 0.61% | 0.61% |
| RELX PLC | 50,500 | GBP | 22.26 | 1,305,913.10 | 0.60% | 0.59% |
| RENTOKIL INITIAL NEW | 50,000 | GBP | 4.75 | 275,673.79 | 0.13% | 0.13% |
| RIO TINTO-LONDON- | 28,400 | GBP | 49.16 | 1,622,079.46 | 0.75% | 0.74% |
| ROLLS-ROYCE HLDGS | 220,000 | GBP | 0.83 | 212,000.46 | 0.10% | 0.10% |
| SAGE GRP | 30,000 | GBP | 6.35 | 221,236.06 | 0.10% | 0.10% |
| SAINSBURY | 67,439 | GBP | 2.04 | 159,822.91 | 0.07% | 0.07% |
| SCHRODERS NEW | 4,073 | GBP | 26.72 | 126,429.55 | 0.06% | 0.06% |
| SEGRO PLC -REIT- | 29,000 | GBP | 9.77 | 329,079.93 | 0.15% | 0.15% |
| SEVERN TRENT | 7,500 | GBP | 27.19 | 236,901.72 | 0.11% | 0.11% |
| SHELL PLC | 199,800 | EUR | 24.84 | 4,964,031.00 | 2.29% | 2.26% |
| SMITH NEPHEW | 28,577 | GBP | 11.47 | 380,949.21 | 0.18% | 0.17% |
| SMITHS GROUP | 11,000 | GBP | 13.99 | 178,839.45 | 0.08% | 0.08% |
| SPIRAX SARCO ENG | 1,700 | GBP | 98.78 | 195,081.32 | 0.09% | 0.09% |
| SSE PLC | 27,000 | GBP | 16.16 | 506,877.32 | 0.23% | 0.23% |
| ST.JAMES PLACE | 14,000 | GBP | 11.03 | 179,309.94 | 0.08% | 0.08% |
| STANDARD CHARTERED-N | 70,000 | GBP | 6.19 | 503,043.68 | 0.23% | 0.23% |
| TAYLOR WIMPEY | 92,900 | GBP | 1.17 | 125,892.02 | 0.06% | 0.06% |
| TESCO PLC | 236,526 | GBP | 2.56 | 702,049.18 | 0.32% | 0.32% |
| UNILEVER PLC | 67,500 | GBP | 37.21 | 2,917,838.06 | 1.34% | 1.33% |
| UNITED UTILITIES GRP | 17,000 | GBP | 10.20 | 201,440.52 | 0.09% | 0.09% |
| VODAFONE GROUP | 743,600 | GBP | 1.27 | 1,094,149.35 | 0.50% | 0.50% |
| WHITBREAD PLC | 6,252 | GBP | 24.78 | 179,977.42 | 0.08% | 0.08% |
| Ireland |  |  |  | 49,454,866.12 |  | 22.77% | 22.49% |
| CRH | 20,500 | EUR | 33.00 | 676,500.00 | 0.31% | 0.31% |
| DCC | 2,500 | GBP | 50.98 | 148,059.94 | 0.07% | 0.07% |
| FLUTTER ENTERT | 4,200 | EUR | 96.48 | 405,216.00 | 0.19% | 0.18% |
| KERRY | 5,164 | EUR | 91.34 | 471,679.76 | 0.22% | 0.21% |
| KINGSPAN GROUP PLC | 3,700 | EUR | 57.40 | 212,380.00 | 0.10% | 0.10% |
| SMURFIT KAPPA | 5,600 | EUR | 32.08 | 179,648.00 | 0.08% | 0.08% |
|  |  |  |  | 2,093,483.70 |  | 0.96% | 0.95% |

| Description | Quantity at 30 June 2022 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Isle of Man |  |  |  | 216,949.35 |  | 0.10% | 0.10% |
| ENTAIN PLC | 15,000 | GBP | 12.45 |
| Italy |  |  |  | 216,949.35 |  | 0.10% | 0.10% |
| AMPLIFON SPA | 4,000 | EUR | 29.25 | 117,000.00 | 0.05% | 0.05% |
| ATLANTIA SPA | 13,000 | EUR | 22.38 | 290,940.00 | 0.13% | 0.13% |
| DIASORIN SPA | 500 | EUR | 125.20 | 62,600.00 | 0.03% | 0.03% |
| ENEL NEW | 216,000 | EUR | 5.22 | 1,127,520.00 | 0.52% | 0.51% |
| ENI SPA | 66,000 | EUR | 11.33 | 747,648.00 | 0.34% | 0.34% |
| FINECOBANK SPA | 17,000 | EUR | 11.42 | 194,140.00 | 0.09% | 0.09% |
| GENERALI | 31,570 | EUR | 15.22 | 480,653.25 | 0.22% | 0.22% |
| INFRASTRUTTURE WIREL | 8,000 | EUR | 9.68 | 77,472.00 | 0.04% | 0.04% |
| INTESA SANPAOLO | 420,000 | EUR | 1.78 | 747,600.00 | 0.34% | 0.34% |
| MEDIOBANCA | 14,000 | EUR | 8.26 | 115,612.00 | 0.05% | 0.05% |
| MONCLER SPA | 5,500 | EUR | 40.93 | 225,115.00 | 0.10% | 0.10% |
| NEXI SPA | 14,000 | EUR | 7.90 | 110,656.00 | 0.05% | 0.05% |
| POSTE ITALIANE | 12,000 | EUR | 8.91 | 106,944.00 | 0.05% | 0.05% |
| PRYSMIAN SPA | 6,000 | EUR | 26.21 | 157,260.00 | 0.07% | 0.07% |
| RECORDATI IND-NEW | 2,500 | EUR | 41.51 | 103,775.00 | 0.05% | 0.05% |
| SNAM SPA | 50,000 | EUR | 5.00 | 249,950.00 | 0.12% | 0.11% |
| TELECOM ITALIA | 344,299 | EUR | 0.25 | 85,971.46 | 0.04% | 0.04% |
| TERNA | 40,000 | EUR | 7.49 | 299,520.00 | 0.14% | 0.14% |
| UNICREDIT SPA | 59,748 | EUR | 9.06 | 541,615.62 | 0.25% | 0.25% |
| Jersey |  |  |  | 5,841,992.33 |  | 2.69% | 2.66% |
| EXPERIAN | 23,200 | GBP | 24.06 | 648,457.25 | 0.30% | 0.29% |
| FERGUSON NEWCO PLC | 5,764 | GBP | 91.88 | 615,237.36 | 0.28% | 0.28% |
| GLENCORE PLC | 260,000 | GBP | 4.45 | 1,344,400.56 | 0.62% | 0.61% |
| WPP PLC | 29,000 | GBP | 8.25 | 277,804.37 | 0.13% | 0.13% |
| Luxembourg (Grand Duchy) |  |  |  | 2,885,899.54 |  | 1.33% | 1.31% |
| ARCELORMITTAL | 16,000 | EUR | 21.51 | 344,160.00 | 0.16% | 0.16% |
| AROUNDTOWN S.A. | 28,000 | EUR | 3.03 | 84,924.00 | 0.04% | 0.04% |
| EUROFINS SCIENTIFIC | 3,400 | EUR | 75.08 | 255,272.00 | 0.12% | 0.12% |
| TENARIS | 11,000 | EUR | 12.27 | 134,970.00 | 0.06% | 0.06% |
| Netherlands |  |  |  | 819,326.00 |  | 0.38% | 0.37% |
| ABN AMRO DR | 10,000 | EUR | 10.71 | 107,150.00 | 0.05% | 0.05% |
| ADYEN N.V. | 570 | EUR | 1,388.00 | 791,160.00 | 0.36% | 0.36% |
| AEGON | 50,734 | EUR | 4.13 | 209,429.95 | 0.10% | 0.10% |
| AERCAP HOLDINGS NV | 2,800 | USD | 40.94 | 109,648.48 | 0.05% | 0.05% |
| AIRBUS | 15,500 | EUR | 92.45 | 1,432,975.00 | 0.66% | 0.65% |
| AKZO NOBEL NV | 4,619 | EUR | 62.62 | 289,241.78 | 0.13% | 0.13% |
| ARGEN-X N.V. | 1,350 | EUR | 357.50 | 482,625.00 | 0.22% | 0.22% |
| ASM INTERNATIONAL | 1,150 | EUR | 238.60 | 274,390.00 | 0.13% | 0.12% |
| ASML HOLDING NV | 10,500 | EUR | 455.85 | 4,786,425.00 | 2.20% | 2.18% |
| CNH INDUSTRIAL | 26,000 | EUR | 11.02 | 286,520.00 | 0.13% | 0.13% |
| DAVIDE CAMP MIL | 21,000 | EUR | 10.04 | 210,735.00 | 0.10% | 0.10% |
| DSM | 4,656 | EUR | 137.10 | 638,337.60 | 0.29% | 0.29% |
| EURONEXT NV | 2,300 | EUR | 77.90 | 179,170.00 | 0.08% | 0.08% |
| EXOR RG | 2,360 | EUR | 59.48 | 140,372.80 | 0.06% | 0.06% |
| FERRARI NV | 3,100 | EUR | 175.20 | 543,120.00 | 0.25% | 0.25% |
| HEINEKEN | 5,000 | EUR | 69.45 | 347,250.00 | 0.16% | 0.16% |
| HEINEKEN- | 8,000 | EUR | 87.00 | 696,000.00 | 0.32% | 0.32% |
| IMCD N.V. | 1,500 | EUR | 130.95 | 196,425.00 | 0.09% | 0.09% |
| ING GROUP | 99,500 | EUR | 9.43 | 938,384.50 | 0.43% | 0.43% |
| JDE PEETS | 6,000 | EUR | 27.16 | 162,960.00 | 0.08% | 0.07% |
| JUST EAT TAKEAWAY | 5,200 | EUR | 15.07 | 78,343.20 | 0.04% | 0.04% |
| KONINKLIJKE AHOLD | 30,500 | EUR | 24.86 | 758,230.00 | 0.35% | 0.34% |
| KPN NEW | 77,322 | EUR | 3.40 | 262,972.12 | 0.12% | 0.12% |
| NN GROUP NV | 6,500 | EUR | 43.34 | 281,710.00 | 0.13% | 0.13% |

| Description | Quantity at 30 June 2022 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| OCI | 2,800 | EUR | 31.48 | 88,144.00 |  | 0.04% | 0.04% |
| PHILIPS NV | 24,878 | EUR | 20.55 | 511,367.29 | 0.24% | 0.23% |
| PROSUS NV | 21,000 | EUR | 62.48 | 1,312,080.00 | 0.60% | 0.60% |
| QIAGEN NV | 6,371 | EUR | 44.70 | 284,783.70 | 0.13% | 0.13% |
| RANDSTAD N.V. | 2,270 | EUR | 46.20 | 104,874.00 | 0.05% | 0.05% |
| STELLANTIS N.V. | 50,000 | EUR | 11.79 | 589,600.00 | 0.27% | 0.27% |
| STMICROELECTRONICS | 18,654 | EUR | 29.98 | 559,340.19 | 0.26% | 0.25% |
| UNIVERSAL MUSIC | 17,500 | EUR | 19.13 | 334,845.00 | 0.15% | 0.15% |
| WOLTERS KLUWER | 7,000 | EUR | 92.56 | 647,920.00 | 0.30% | 0.29% |
| Norway |  |  |  | 18,636,529.61 |  | 8.58% | 8.47% |
| ADEVINTA ASA B | 9,000 | NOK | 71.15 | 61,996.85 | 0.03% | 0.03% |
| AKER BP | 7,000 | NOK | 342.10 | 231,848.00 | 0.11% | 0.11% |
| DNB BANK ASA | 23,000 | NOK | 176.55 | 393,140.51 | 0.18% | 0.18% |
| EQUINOR ASA | 26,300 | NOK | 342.55 | 872,231.88 | 0.40% | 0.40% |
| GJENSIDIGE FORSIKRI | 4,500 | NOK | 199.50 | 86,917.58 | 0.04% | 0.04% |
| KONGSBERG GRUPPEN | 2,400 | NOK | 353.00 | 82,023.48 | 0.04% | 0.04% |
| MOWI ASA | 14,200 | NOK | 224.10 | 308,093.43 | 0.14% | 0.14% |
| NORSK | 33,000 | NOK | 55.16 | 176,234.30 | 0.08% | 0.08% |
| ORKLA | 29,563 | NOK | 78.72 | 225,312.78 | 0.10% | 0.10% |
| SALMAR ASA | 3,000 | NOK | 692.50 | 201,137.60 | 0.09% | 0.09% |
| TELENOR | 17,000 | NOK | 131.00 | 215,611.76 | 0.10% | 0.10% |
| YARA INTERNATIONAL | 4,754 | NOK | 411.60 | 189,446.58 | 0.09% | 0.09% |
| Portugal |  |  |  | 3,043,994.75 |  | 1.40% | 1.38% |
| BANCO ESPIRITO | 191,850 | EUR | 0.00 | 0.00 | 0.00% | 0.00% |
| EDP-ENERGIAS-REG | 74,000 | EUR | 4.45 | 329,448.00 | 0.15% | 0.15% |
| GALP ENERGIA -B- | 10,000 | EUR | 11.19 | 111,850.00 | 0.05% | 0.05% |
| JERONIMO | 9,615 | EUR | 20.74 | 199,415.10 | 0.09% | 0.09% |
| Sweden |  |  |  | 640,713.10 |  | 0.29% | 0.29% |
| AB SAGAX | 4,000 | SEK | 188.70 | 70,455.47 | 0.03% | 0.03% |
| ALFA LAVAL | 8,000 | SEK | 246.60 | 184,147.52 | 0.08% | 0.08% |
| ASSA ABLOY AB -B- | 24,700 | SEK | 217.30 | 501,002.04 | 0.23% | 0.23% |
| ATLAS COPCO A | 70,000 | SEK | 95.57 | 624,456.86 | 0.29% | 0.28% |
| ATLAS COPCO B | 42,000 | SEK | 85.54 | 335,352.35 | 0.15% | 0.15% |
| BOLIDEN AB | 8,000 | SEK | 325.35 | 242,953.75 | 0.11% | 0.11% |
| ELECTROLUX AB-B | 7,466 | SEK | 137.66 | 95,935.33 | 0.04% | 0.04% |
| EMBRACER GROUP AB-B | 13,000 | SEK | 77.99 | 94,637.90 | 0.04% | 0.04% |
| EPIROC AB A | 18,000 | SEK | 157.95 | 265,384.13 | 0.12% | 0.12% |
| EPIROC AB-B | 9,000 | SEK | 138.20 | 116,100.31 | 0.05% | 0.05% |
| EQT AB | 8,000 | SEK | 209.40 | 156,368.58 | 0.07% | 0.07% |
| ERICSSON-B- | 73,700 | SEK | 76.27 | 524,691.52 | 0.24% | 0.24% |
| ESSITY -B- | 19,000 | SEK | 267.10 | 473,707.55 | 0.22% | 0.22% |
| EVOLUTION AB | 4,500 | SEK | 930.10 | 390,683.41 | 0.18% | 0.18% |
| FASTIGHETS BAL -B | 17,400 | SEK | 49.01 | 79,600.68 | 0.04% | 0.04% |
| GETINGE-B | 6,000 | SEK | 236.40 | 132,398.03 | 0.06% | 0.06% |
| HENNES MAURITZ AB | 13,534 | SEK | 122.16 | 154,325.61 | 0.07% | 0.07% |
| HEXAGON AB -B- | 52,000 | SEK | 106.25 | 515,721.33 | 0.24% | 0.23% |
| HOLMEN AB -B- | 2,500 | SEK | 414.90 | 96,820.26 | 0.04% | 0.04% |
| HUSQVARNA B | 11,500 | SEK | 75.24 | 80,766.16 | 0.04% | 0.04% |
| INDUSTRIVAERDEN AB | 4,236 | SEK | 230.20 | 91,021.52 | 0.04% | 0.04% |
| INDUSTRIVAERDEN AB | 5,000 | SEK | 227.50 | 106,177.92 | 0.05% | 0.05% |
| INDUTRADE AB | 7,200 | SEK | 186.55 | 125,374.89 | 0.06% | 0.06% |
| INVESTOR AB | 49,100 | SEK | 168.18 | 770,794.58 | 0.35% | 0.35% |
| INVESTOR AB -A- | 14,000 | SEK | 183.65 | 239,994.77 | 0.11% | 0.11% |
| KINNEVIK AB B | 7,500 | SEK | 164.80 | 115,372.23 | 0.05% | 0.05% |
| LATOUR AB INVESTMENT | 5,000 | SEK | 202.30 | 94,416.67 | 0.04% | 0.04% |
| LIFCO AB | 6,000 | SEK | 164.25 | 91,989.75 | 0.04% | 0.04% |
| LUNDBERG -B- | 2,000 | SEK | 415.90 | 77,642.90 | 0.04% | 0.04% |
| LUNDIN ENERGY MERGER | 4,800 | SEK | 337.44 | 151,189.15 | 0.07% | 0.07% |
| NIBE INDUSTRIER AK B | 43,600 | SEK | 76.80 | 312,557.93 | 0.14% | 0.14% |
| SANDVIK-AB- | 26,100 | SEK | 165.85 | 404,053.43 | 0.19% | 0.18% |
| SECURITAS | 7,000 | SEK | 88.12 | 57,577.84 | 0.03% | 0.03% |
| SINCH AB | 15,000 | SEK | 33.30 | 46,617.94 | 0.02% | 0.02% |

| Description | Quantity at 30 June 2022 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| SKANDINAVISKA | 45,000 | SEK | 100.40 | 421,724.70 |  | 0.19% | 0.19% |
| SKANSKA-B- | 10,236 | SEK | 156.80 | 149,816.33 | 0.07% | 0.07% |
| SKF-B-ANC | 9,000 | SEK | 150.50 | 126,433.40 | 0.06% | 0.06% |
| SVENSKA CELLULOSA | 16,000 | SEK | 152.80 | 228,205.52 | 0.11% | 0.10% |
| SVENSKA HANDELSBK A | 40,000 | SEK | 87.42 | 326,402.60 | 0.15% | 0.15% |
| SWEDBANK A | 23,000 | SEK | 129.30 | 277,593.42 | 0.13% | 0.13% |
| SWEDISH ORPHAN BIO | 4,500 | SEK | 221.20 | 92,913.85 | 0.04% | 0.04% |
| TELE2 | 12,000 | SEK | 116.50 | 130,493.83 | 0.06% | 0.06% |
| TELIA COMPANY AB | 80,000 | SEK | 39.18 | 292,575.01 | 0.13% | 0.13% |
| VOLVO-A- | 6,000 | SEK | 164.60 | 92,185.77 | 0.04% | 0.04% |
| VOLVO-B | 39,001 | SEK | 158.38 | 576,579.10 | 0.27% | 0.26% |
| VOLVO CAR AB | 16,000 | SEK | 67.96 | 101,497.69 | 0.05% | 0.05% |
|  |  |  |  | 10,636,711.53 |  | 4.90% | 4.84% |
| Total - Shares |  |  |  | 217,223,151.82 | 100.00% | 98.77% |
| Total - Transferable securities admitted to an official stock exchange listing |  |  |  | 217,223,151.82 | 100.00% | 98.77% |
| Total - portfolio |  |  |  | 217,223,151.82 | 100.00% | 98.77% |
| Collatéral |  |  |  | 0.00 |  | 0.00% |
| Deposits and liquid assets |  |  |  |  |  |  |
| deposit and liquid assets |  |  |  |  |  |  |
| Banque Degroof Petercam |  | NOK |  | 104,967.82 |  | 0.05% |
| Banque Degroof Petercam |  | AUD |  | 0.58 |  | 0.00% |
| Banque Degroof Petercam |  | DKK |  | 9.24 |  | 0.00% |
| Interest on current account |  | SEK |  | 0.01 |  | 0.00% |
| Banque Degroof Petercam |  | USD |  | 51,538.53 |  | 0.02% |
| Banque Degroof Petercam |  | GBP |  | 89.92 |  | 0.00% |
| Banque Degroof Petercam |  | CHF |  | 28,111.34 |  | 0.01% |
| Interest on current account |  | USD |  | 18.56 |  | 0.00% |
| Interest on current account |  | NOK |  | 19.51 |  | 0.00% |
| Interest on Foreign Exchange Account |  | USD |  | 0.10 |  | 0.00% |
| Banque Degroof Petercam |  | DKK |  | 29,239.42 |  | 0.01% |
| Interest on Foreign Exchange Account |  | GBP |  | 0.17 |  | 0.00% |
| Banque Degroof Petercam |  | USD |  | 207.38 |  | 0.00% |
| Interest on current account |  | GBP |  | 119.44 |  | 0.00% |
| Banque Degroof Petercam |  | EUR |  | 27,690.53 |  | 0.01% |
| Banque Degroof Petercam |  | CHF |  | 433.93 |  | 0.00% |
| Banque Degroof Petercam |  | AUD |  | 0.02 |  | 0.00% |
| Banque Degroof Petercam |  | GBP |  | 350,984.23 |  | 0.16% |
| Banque Degroof Petercam |  | SEK |  | 170,020.22 |  | 0.08% |
| Total - deposit and liquid assets |  |  |  | 763,450.95 |  | 0.35% |
| Total - Deposits and liquid assets |  |  |  | 763,450.95 |  | 0.35% |
| Other receivables and other payables |  |  |  | 1,937,433.02 |  | 0.88% |
| Others |  |  |  | 0.00 |  | 0.00% |
| Total net assets |  |  |  | 219,924,035.79 |  | 100,00% |

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Translation (ENFR, 2022-06-30):
# COMPOSITION DES ACTIFS
| Dénomination | Quantité au 30 juin 2022 | 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 |  |  |  | 5.981.640,00 |  | 2,57% | 2,53% |
| Obligations et autres titres de créances |  |  |  |
| Emis(es) par état |  |  |  |
| Allemagne |  |  |  |
| BUNDESREP 0,00 21-23 | 6.000.000 | EUR | 99,69 |
| Espagne |  |  |  | 5.981.640,00 |  | 2,57% | 2,53% |
| SPAIN 5,40 13-23 | 4.000.000 | EUR | 103,09 | 4.123.420,00 | 1,77% | 1,74% |
| Italie |  |  |  | 4.123.420,00 |  | 1,77% | 1,74% |
| BTPS 0,00 20-22 | 4.000.000 | EUR | 99,94 | 3.997.620,00 | 1,71% | 1,69% |
| ITALY 0,60 20-23 | 5.000.000 | EUR | 100,08 | 5.004.175,00 | 2,15% | 2,11% |
|  |  |  |  | 9.001.795,00 |  | 3,86% | 3,80% |
| Total - Emis(es) par état |  |  |  | 19.106.855,00 | 8,20% | 8,07% |
| Obligation du Secteur Public |  |  |  |  |  |  |
| Danemark |  |  |  |  |  |  |
| ORSTED 2,625 12-22 | 3.000.000 | EUR | 100,50 | 3.015.045,00 | 1,29% | 1,27% |
| France |  |  |  | 3.015.045,00 |  | 1,29% | 1,27% |
| APRR 0,00 20-23 | 3.000.000 | EUR | 99,70 | 2.990.925,00 | 1,28% | 1,26% |
|  |  |  |  | 2.990.925,00 |  | 1,28% | 1,26% |
| Total - Obligation du Secteur Public |  |  |  | 6.005.970,00 | 2,58% | 2,54% |
| Emis(es) par une entreprise privée |  |  |  |  |  |  |
| Australie |  |  |  |  |  |  |
| TELSTRA 3,50 12-22 | 3.000.000 | EUR | 100,71 | 3.021.375,00 | 1,30% | 1,28% |
| Belgique |  |  |  | 3.021.375,00 |  | 1,30% | 1,28% |
| SOLVAY 1,625 15-22 | 300.000 | EUR | 100,24 | 300.708,00 | 0,13% | 0,13% |
| Allemagne |  |  |  | 300.708,00 |  | 0,13% | 0,13% |
| MERCEDES 2,375 12-22 | 3.000.000 | EUR | 100,40 | 3.012.045,00 | 1,29% | 1,27% |
| TLG IMMO 0,375 19-22 | 1.000.000 | EUR | 100,03 | 1.000.280,00 | 0,43% | 0,42% |
| Espagne |  |  |  | 4.012.325,00 |  | 1,72% | 1,69% |
| CRITERIA 1,50 17-23 | 5.000.000 | EUR | 100,06 | 5.003.050,00 | 2,15% | 2,11% |
| MERLIN 2,225 16-23 | 2.000.000 | EUR | 100,34 | 2.006.810,00 | 0,86% | 0,85% |
| Finlande |  |  |  | 7.009.860,00 |  | 3,01% | 2,96% |
| FORTUM 2,25 12-22 | 1.000.000 | EUR | 99,97 | 999.695,00 | 0,43% | 0,42% |
|  |  |  |  | 999.695,00 |  | 0,43% | 0,42% |

| Dénomination | Quantité au 30 juin 2022 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| France |  |  |  |  |  |  |  |
| AUTOROUT 2,875 13-23 | 5.000.000 | EUR | 101,27 | 5.063.325,00 | 2,17% | 2,14% |
| BFCM 0,75 19-23 | 8.000.000 | EUR | 99,50 | 7.960.240,00 | 3,41% | 3,36% |
| BFCM 3,25 12-22 | 3.000.000 | EUR | 100,42 | 3.012.690,00 | 1,29% | 1,27% |
| ENGIE 0,375 17-23 | 5.000.000 | EUR | 99,69 | 4.984.450,00 | 2,14% | 2,11% |
| ENGIE SA 3,00 12-23 | 4.000.000 | EUR | 101,26 | 4.050.220,00 | 1,74% | 1,71% |
| GDF SUEZ 3,50 10-22 | 2.500.000 | EUR | 100,95 | 2.523.637,50 | 1,08% | 1,07% |
| LVMH 0,125 19-23 | 3.000.000 | EUR | 99,87 | 2.995.965,00 | 1,29% | 1,27% |
| ORANGE 3,375 10-22 | 2.000.000 | EUR | 100,64 | 2.012.870,00 | 0,86% | 0,85% |
| RCI 0,75 19-23 | 6.000.000 | EUR | 99,07 | 5.944.290,00 | 2,55% | 2,51% |
| SOCGEN 0,50 17-23 | 7.000.000 | EUR | 99,96 | 6.997.340,00 | 3,00% | 2,96% |
| Irlande |  |  |  | 45.545.027,50 |  | 19,54% | 19,24% |
| CRH FIN 3,125 13-23 | 3.000.000 | EUR | 101,41 | 3.042.165,00 | 1,31% | 1,28% |
| Italie |  |  |  | 3.042.165,00 |  | 1,31% | 1,28% |
| MEDIOBCA 0,625 17-22 | 2.000.000 | EUR | 100,06 | 2.001.180,00 | 0,86% | 0,85% |
| UBI 0,75 17-22 | 3.100.000 | EUR | 100,08 | 3.102.526,50 | 1,33% | 1,31% |
| UBI BANCA 1,75 18-23 | 960.000 | EUR | 100,16 | 961.526,40 | 0,41% | 0,41% |
| Jersey |  |  |  | 6.065.232,90 |  | 2,60% | 2,56% |
| SWISS RE 1,375 16-23 | 5.000.000 | EUR | 100,12 | 5.005.850,00 | 2,15% | 2,11% |
| Caïmanes |  |  |  | 5.005.850,00 |  | 2,15% | 2,11% |
| CK HUTCH 1,25 16-23 | 7.000.000 | EUR | 100,31 | 7.021.455,00 | 3,01% | 2,97% |
| Luxembourg (Grand-Duché) |  |  |  | 7.021.455,00 |  | 3,01% | 2,97% |
| BECTON 0,632 19-23 | 7.000.000 | EUR | 99,20 | 6.944.000,00 | 2,98% | 2,93% |
| HOLCIM 1,375 16-23 | 3.000.000 | EUR | 100,09 | 3.002.655,00 | 1,29% | 1,27% |
| MEDTRON 0,375 19-23 | 6.000.000 | EUR | 99,80 | 5.987.970,00 | 2,57% | 2,53% |
| MEDTRONIC 0,00 19-22 | 4.500.000 | EUR | 99,93 | 4.496.782,50 | 1,93% | 1,90% |
| Pays-Bas |  |  |  | 20.431.407,50 |  | 8,76% | 8,63% |
| AKZO NOB 2,625 12-22 | 4.000.000 | EUR | 100,15 | 4.006.120,00 | 1,72% | 1,69% |
| ALLIANDER 2,25 12-22 | 3.000.000 | EUR | 100,80 | 3.023.925,00 | 1,30% | 1,28% |
| BMW FIN 2,375 13-23 | 4.000.000 | EUR | 101,09 | 4.043.560,00 | 1,73% | 1,71% |
| DEUTSCHE 0,625 18-22 | 4.500.000 | EUR | 100,12 | 4.505.400,00 | 1,93% | 1,90% |
| DEUTSCHE 4,25 10-22 | 3.000.000 | EUR | 100,12 | 3.003.555,00 | 1,29% | 1,27% |
| DEUT TEL 0,625 16-23 | 6.500.000 | EUR | 99,80 | 6.486.935,00 | 2,78% | 2,74% |
| ENEL 4,875 12-23 | 5.000.000 | EUR | 103,05 | 5.152.300,00 | 2,21% | 2,18% |
| IBERDROL 1,125 15-23 | 7.700.000 | EUR | 100,23 | 7.718.018,00 | 3,31% | 3,26% |
| MERCEDES 0,625 19-23 | 1.000.000 | EUR | 99,92 | 999.225,00 | 0,43% | 0,42% |
| STEDIN FRN 17-22 | 800.000 | EUR | 100,03 | 800.232,00 | 0,34% | 0,34% |
| TENNET 4,625 11-23 | 1.000.000 | EUR | 102,22 | 1.022.210,00 | 0,44% | 0,43% |
| VOLKSWAG 0,875 15-23 | 2.000.000 | EUR | 100,18 | 2.003.600,00 | 0,86% | 0,85% |
| WOLTERS 2,875 13-23 | 3.000.000 | EUR | 101,61 | 3.048.330,00 | 1,31% | 1,29% |
| Suède |  |  |  | 45.813.410,00 |  | 19,65% | 19,35% |
| NORDEA 1,00 16-23 | 1.000.000 | EUR | 100,17 | 1.001.655,00 | 0,43% | 0,42% |
| États-Unis d'Amérique |  |  |  | 1.001.655,00 |  | 0,43% | 0,42% |
| AMERICA 1,375 15-22 | 2.000.000 | EUR | 100,32 | 2.006.430,00 | 0,86% | 0,85% |
| AMERICAN 0,55 18-23 | 5.000.000 | EUR | 99,79 | 4.989.600,00 | 2,14% | 2,11% |

| Dénomination | Quantité au 30 juin 2022 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| APPLE INC 1,00 14-22 | 1.000.000 | EUR | 100,28 | 1.002.835,00 |  | 0,43% | 0,42% |
| BECTON 1,00 16-22 | 4.500.000 | EUR | 100,14 | 4.506.300,00 | 1,93% | 1,90% |
| FIDELITY 0,125 19-22 | 3.000.000 | EUR | 99,95 | 2.998.365,00 | 1,29% | 1,27% |
| FIDELITY 0,75 19-23 | 3.000.000 | EUR | 99,36 | 2.980.800,00 | 1,28% | 1,26% |
| GE 1,25 15-23 | 2.000.000 | EUR | 99,98 | 1.999.650,00 | 0,86% | 0,84% |
| GM 0,20 19-22 | 5.000.000 | EUR | 99,85 | 4.992.425,00 | 2,14% | 2,11% |
| GOLDMAN S 3,25 13-23 | 9.000.000 | EUR | 101,37 | 9.123.255,00 | 3,91% | 3,85% |
| IBM 0,375 19-23 | 9.000.000 | EUR | 99,93 | 8.993.700,00 | 3,86% | 3,80% |
| JP MORGAN 2,75 13-23 | 8.000.000 | EUR | 101,16 | 8.092.880,00 | 3,47% | 3,42% |
| MORGAN S 1,875 14-23 | 700.000 | EUR | 100,62 | 704.333,00 | 0,30% | 0,30% |
| TOYOTA 2,375 13-23 | 1.350.000 | EUR | 101,05 | 1.364.154,75 | 0,59% | 0,58% |
|  |  |  |  | 53.754.727,75 |  | 23,06% | 22,70% |
| Total - Emis(es) par une entreprise privée |  |  |  | 203.024.893,65 | 87,09% | 85,74% |
| Total - Obligations et autres titres de créances |  |  |  | 228.137.718,65 | 97,87% | 96,35% |
| Instruments du marché monétaire |  |  |  |  |  |  |
| FRENCH 0,00 22-23 | 5.000.000 | EUR | 99,49 | 4.974.718,82 | 2,13% | 2,10% |
| Total - Instruments du marché monétaire |  |  |  | 4.974.718,82 | 2,13% | 2,10% |
| Total - Valeurs mobilières admises à la cote officielle d'une bourse de valeurs |  |  |  | 233.112.437,47 | 100,00% | 98,45% |
| Total - portefeuille |  |  |  | 233.112.437,47 | 100,00% | 98,45% |
| Collatéral |  |  |  | 0,00 |  | 0,00% |
| Dépôts et Liquidités |  |  |  |  |  |  |
| Avoirs bancaires à vue |  |  |  |  |  |  |
| Banque Degroof Petercam |  | EUR |  | 6.232.101,50 |  | 2,63% |
| Total - Avoirs bancaires à vue |  |  |  | 6.232.101,50 |  | 2,63% |
| Total - Dépôts et Liquidités |  |  |  | 6.232.101,50 |  | 2,63% |
| Créances et dettes diverses |  |  |  | -4.117.137,86 |  | -1,74% |
| Autres |  |  |  | 1.551.031,77 |  | 0,66% |
| Actif Net Total |  |  |  | 236.778.432,88 |  | 100,00% |

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