# Schedule of Investments and Other Net Assets as at 30 June 2018 (in USD)
| Description | Quantity/ Nominal Value | Market Value* | % of net assets |
| --- | --- | --- | --- |

| Description | Quantity/ Nominal Value | Market Value* | % of net assets |
| --- | --- | --- | --- |

USD Equities (continued)
| Newfield Exploration Co | 9,500 | 287,375 | 0.23 |
| --- | --- | --- | --- |
| Nvidia Corp | 9,400 | 2,226,860 | 1.81 |
| ON Semiconductor Corp | 30,400 | 675,944 | 0.55 |
| Oracle Corp | 43,500 | 1,916,610 | 1.56 |
| Packaging Corp of America | 9,900 | 1,106,721 | 0.90 |
| Park Hotels & Resorts Inc | 9,800 | 300,174 | 0.24 |
| Parker Hannifin Corp | 7,200 | 1,122,120 | 0.91 |
| Pepsico Inc | 20,400 | 2,220,948 | 1.81 |
| Pfizer Inc | 6,700 | 243,076 | 0.20 |
| PHV Corp | 8,400 | 1,257,648 | 1.02 |
| PPG Industries Inc | 11,800 | 1,224,014 | 1.00 |
| Qualcomm Inc | 12,300 | 690,276 | 0.56 |
| Quest Diagnostics Inc | 6,800 | 747,592 | 0.61 |
| Ralph Lauren Corp | 9,900 | 1,244,628 | 1.01 |
| Rlj Lodging Trust | 15,600 | 343,980 | 0.28 |
| Salesforce.com Inc | 7,200 | 982,080 | 0.80 |
| Servicenow Inc | 2,200 | 379,434 | 0.31 |
| Spirit Aerosystems Holdings | 1,100 | 94,501 | 0.08 |
| Square Inc | 15,900 | 980,076 | 0.80 |
| Stanley Black & Decker Inc | 10,700 | 1,421,067 | 1.16 |
| Symantec Corp | 39,600 | 817,740 | 0.67 |
| Synopsys Inc | 2,700 | 231,039 | 0.19 |
| Twitter Inc | 10,500 | 458,535 | 0.37 |
| Unitedhealth Group Inc | 1,000 | 245,340 | 0.20 |
| Unum Group | 2,100 | 77,679 | 0.06 |
| Valero Energy Corp | 14,600 | 1,618,118 | 1.32 |
| Verizon Communications | 31,641 | 1,591,859 | 1.30 |
| Vertex Pharmaceuticals Inc | 10,500 | 1,784,580 | 1.45 |
| Viacom Inc | 42,600 | 1,284,816 | 1.05 |
| Visa Inc | 1,900 | 251,655 | 0.21 |
| Western Union Co | 42,700 | 868,091 | 0.71 |
| Whirlpool Corp | 5,300 | 775,019 | 0.63 |
| Xcel Energy Inc | 7,600 | 347,168 | 0.28 |
| XPO Logistics Inc | 7,300 | 731,314 | 0.60 |
|  |  | 112,946,354 | 92.02 |
| TOTAL TRANSFERABLE SECURITIES ADMITTED TO AN OFFICIAL EXCHANGE LISTING OR DEALT IN ON ANOTHER REGULATED MARKET |  | 112,946,354 | 92.02 |

The accompanying notes form an integral part of these financial statements.
*Please refer to note 2d) for more information on valuation of Investments.
- OPEN-ENDED INVESTMENT FUNDSUSD Open-Ended Investment FundsAxa Rosenberg Equity Alpha Trust - AXA Rosenberg USSmall Cap	837,146	9,225,353	7.53

|  | 9,225,353 | 7.53 |
| --- | --- | --- |
| TOTAL OPEN-ENDED INVESTMENT FUNDS | 9,225,353 | 7.53 |
| Total Investment in Securities | 122,171,707 | 99.55 |
| Cash and cash equivalent | 691,201 | 0.56 |
| Other Net Liabilities | (137,511) | (0.11) |
| TOTAL NET ASSETS | 122,725,397 | 100.00 |

Translation (ENFR, 2018-06-30):
# Etat des investissements et autres actifs nets au 30 juin 2018 (en USD)
| Description | Quantité/ Valeur nominale | Valeur de marché* | % des actifs nets |
| --- | --- | --- | --- |

| Description | Quantité/ Valeur nominale | Valeur de marché* | % des actifs nets |
| --- | --- | --- | --- |

Les notes annexées font partie intégrante des présents états financiers.
*Voir note 2d) pour plus d'information sur l'évaluation du portefeuille-titres.
- FONDS DE PLACEMENT DE TYPE OUVERT

| Actions en USD (suite) |  |
| --- | --- |
| Newfield Exploration Co | 9,500 | 287,375 | 0.23 |
| Nvidia Corp | 9,400 | 2,226,860 | 1.81 |
| ON Semiconductor Corp | 30,400 | 675,944 | 0.55 |
| Oracle Corp | 43,500 | 1,916,610 | 1.56 |
| Packaging Corp of America | 9,900 | 1,106,721 | 0.90 |
| Park Hotels & Resorts Inc | 9,800 | 300,174 | 0.24 |
| Parker Hannifin Corp | 7,200 | 1,122,120 | 0.91 |
| Pepsico Inc | 20,400 | 2,220,948 | 1.81 |
| Pfizer Inc | 6,700 | 243,076 | 0.20 |
| PHV Corp | 8,400 | 1,257,648 | 1.02 |
| PPG Industries Inc | 11,800 | 1,224,014 | 1.00 |
| Qualcomm Inc | 12,300 | 690,276 | 0.56 |
| Quest Diagnostics Inc | 6,800 | 747,592 | 0.61 |
| Ralph Lauren Corp | 9,900 | 1,244,628 | 1.01 |
| Rlj Lodging Trust | 15,600 | 343,980 | 0.28 |
| Salesforce.com Inc | 7,200 | 982,080 | 0.80 |
| Servicenow Inc | 2,200 | 379,434 | 0.31 |
| Spirit Aerosystems Holdings | 1,100 | 94,501 | 0.08 |
| Square Inc | 15,900 | 980,076 | 0.80 |
| Stanley Black & Decker Inc | 10,700 | 1,421,067 | 1.16 |
| Symantec Corp | 39,600 | 817,740 | 0.67 |
| Synopsys Inc | 2,700 | 231,039 | 0.19 |
| Twitter Inc | 10,500 | 458,535 | 0.37 |
| Unitedhealth Group Inc | 1,000 | 245,340 | 0.20 |
| Unum Group | 2,100 | 77,679 | 0.06 |
| Valero Energy Corp | 14,600 | 1,618,118 | 1.32 |
| Verizon Communications | 31,641 | 1,591,859 | 1.30 |
| Vertex Pharmaceuticals Inc | 10,500 | 1,784,580 | 1.45 |
| Viacom Inc | 42,600 | 1,284,816 | 1.05 |
| Visa Inc | 1,900 | 251,655 | 0.21 |
| Western Union Co | 42,700 | 868,091 | 0.71 |
| Whirlpool Corp | 5,300 | 775,019 | 0.63 |
| Xcel Energy Inc | 7,600 | 347,168 | 0.28 |
| XPO Logistics Inc | 7,300 | 731,314 | 0.60 |
|  |  | 112,946,354 | 92.02 |
| TOTAL DES VALEURS MOBILIERES ADMISES A LA COTE OFFICIELLE D’UNE BOURSE DE VALEURS OU NEGOCIEES SUR UN AUTRE MARCHE REGLEMENTE | 112,946,354 | 92.02 |

Fonds de placement de type ouvert en USD
Axa Rosenberg Equity Alpha Trust - AXA Rosenberg US
Small Cap	837,146	9,225,353	7.53
|  | 9,225,353 | 7.53 |
| --- | --- | --- |
| TOTAL DES FONDS DE PLACEMENT DE TYPE OUVERT | 9,225,353 | 7.53 |
| Total du portefeuille-titres | 122,171,707 | 99.55 |
| Liquidités et instruments assimilés | 691,201 | 0.56 |
| Autres éléments de passif, nets | (137,511) | (0.11) |
| TOTAL DES ACTIFS NETS | 122,725,397 | 100.00 |