# Equity Risk Managed Fund
Schedule of significant portfolio movements for the financial year ended 31 July 2022
(continued)
| Total disposals in the year |  | € 207,553,561 |
| --- | --- | --- |
| Material disposals | Nominal holdings | Proceeds € |
| Arch Resources | 61,457 | 7,453,656 |
| ACM Research | 88,743 | 6,480,669 |
| Amicus Therapeutics | 653,774 | 5,045,672 |
| 8x8 | 434,308 | 4,503,444 |
| American Assets Trust | 141,659 | 4,420,237 |
| Berkshire Hathaway | 10 | 4,308,194 |
| Cogent Communications | 74,321 | 4,225,896 |
| Corcept Therapeutics | 200,798 | 4,070,830 |
| Agree Realty | 62,505 | 4,022,428 |
| AdvanSix | 87,856 | 3,804,765 |
| Ferrari | 15,757 | 3,501,283 |
| SPS Commerce | 33,157 | 3,481,442 |
| Banc of California | 199,001 | 3,405,500 |
| Acadia Realty Trust REIT | 177,538 | 3,374,695 |
| Asbury Automotive | 20,853 | 3,344,894 |
| Andersons | 73,870 | 3,322,399 |
| Atara Biotherapeutics | 413,255 | 3,315,791 |
| ACI Worldwide | 122,108 | 3,286,634 |
| Playa Hotels & Resorts | 398,933 | 3,110,931 |
| Essential Properties Realty Trust | 120,084 | 2,882,548 |
| Life Time Group | 193,847 | 2,876,261 |
| Covetrus | 164,636 | 2,699,867 |
| Catalyst Pharmaceuticals | 372,622 | 2,662,058 |
| Avanos Medical | 99,279 | 2,637,781 |
| Codexis | 146,588 | 2,616,549 |
| Archaea Energy | 144,010 | 2,585,605 |
| Telos | 101,840 | 2,427,921 |
| Community Healthcare Trust | 69,824 | 2,353,477 |
| Atkore | 27,939 | 2,347,872 |
| Boot Barn | 21,743 | 2,346,955 |
| Alpha Metallurgical Resources | 41,537 | 2,336,607 |
| Pacira BioSciences | 46,688 | 2,286,305 |
| Medifast | 13,151 | 2,264,588 |
| Buckle | 77,434 | 2,255,103 |
| GMS | 50,000 | 2,245,689 |
| NexPoint Residential Trust | 32,547 | 2,214,491 |
| Berkeley Lights | 331,955 | 2,163,586 |
| A-Mark Precious Metals | 32,097 | 2,134,100 |

The statement of material disposals reflect the aggregate disposals of a security greater than one per cent of the total disposals for the financial year. If there were fewer than twenty positions exceeding one per cent, the top twenty positions

Translation (ENFR, 2022-07-31):
# Equity Risk Managed Fund
État des principales variations du portefeuille pour l’exercice clos le 31 juillet 2022 (suite)
| Total des cessions pour l’exercice |  | 207 553 561 EUR |
| --- | --- | --- |
|  | Participations | Produit |
| Principales cessions | nominales | EUR |
| Arch Resources | 61 457 | 7 453 656 |
| ACM Research | 88 743 | 6 480 669 |
| Amicus Therapeutics | 653 774 | 5 045 672 |
| 8x8 | 434 308 | 4 503 444 |
| American Assets Trust | 141 659 | 4 420 237 |
| Berkshire Hathaway | 10 | 4 308 194 |
| Cogent Communications | 74 321 | 4 225 896 |
| Corcept Therapeutics | 200 798 | 4 070 830 |
| Agree Realty | 62 505 | 4 022 428 |
| AdvanSix | 87 856 | 3 804 765 |
| Ferrari | 15 757 | 3 501 283 |
| SPS Commerce | 33 157 | 3 481 442 |
| Banc of California | 199 001 | 3 405 500 |
| Acadia Realty Trust REIT | 177 538 | 3 374 695 |
| Asbury Automotive | 20 853 | 3 344 894 |
| Andersons | 73 870 | 3 322 399 |
| Atara Biotherapeutics | 413 255 | 3 315 791 |
| ACI Worldwide | 122 108 | 3 286 634 |
| Playa Hotels & Resorts | 398 933 | 3 110 931 |
| Essential Properties Realty Trust | 120 084 | 2 882 548 |
| Life Time Group | 193 847 | 2 876 261 |
| Covetrus | 164 636 | 2 699 867 |
| Catalyst Pharmaceuticals | 372 622 | 2 662 058 |
| Avanos Medical | 99 279 | 2 637 781 |
| Codexis | 146 588 | 2 616 549 |
| Archaea Energy | 144 010 | 2 585 605 |
| Telos | 101 840 | 2 427 921 |
| Community Healthcare Trust | 69 824 | 2 353 477 |
| Atkore | 27 939 | 2 347 872 |
| Boot Barn | 21 743 | 2 346 955 |
| Alpha Metallurgical Resources | 41 537 | 2 336 607 |
| Pacira BioSciences | 46 688 | 2 286 305 |
| Medifast | 13 151 | 2 264 588 |
| Buckle | 77 434 | 2 255 103 |
| GMS | 50 000 | 2 245 689 |
| NexPoint Residential Trust | 32 547 | 2 214 491 |
| Berkeley Lights | 331 955 | 2 163 586 |
| A-Mark Precious Metals | 32 097 | 2 134 100 |


## L’état des principales cessions reflète les cessions globales d’un titre excédant un pour cent du total des cessions pour

## l’exercice. S’il y avait moins de vingt positions dépassant un pour cent, les vingt positions principales ont été indiquées.