# Schedule of Investments and Other Net Assets as at 31 December 2020 (in USD)
| Description | Quantity/ Nominal Value | Market Value* | % of net assets |
| --- | --- | --- | --- |

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

| USD Equities (continued) |  |  |  |  | USD Equities (continued) |  |
| --- | --- | --- | --- | --- | --- | --- |
| Hartford Financial Svcs Grp | 29,600 | 1,449,808 | 1.17 |  | Pepsico Inc | 4,336 | 643,029 | 0.52 |
| Henry Schein Inc | 5,700 | 381,102 | 0.31 |  | PerkinElmer Inc | 3,100 | 444,850 | 0.36 |
| Hewlett Packard Enterprise | 120,800 | 1,431,480 | 1.16 |  | Perrigo Co PLC | 3,100 | 138,632 | 0.11 |
| Hologic Inc | 4,600 | 335,018 | 0.27 |  | Pfizer Inc | 20,200 | 743,562 | 0.60 |
| Home Depot Inc | 900 | 239,058 | 0.19 |  | Pool Corp | 1,600 | 596,000 | 0.48 |
| HP Inc | 33,500 | 823,765 | 0.67 |  | Principal Financial Group Inc | 29,700 | 1,473,417 | 1.19 |
| Idexx Laboratories Inc | 1,100 | 549,857 | 0.45 |  | Procter & Gamble Co | 1,100 | 153,054 | 0.12 |
| Insulet Corp | 600 | 153,378 | 0.12 |  | Prudential Financial Inc | 8,000 | 624,560 | 0.51 |
| Invesco Ltd | 11,400 | 198,702 | 0.16 |  | Qorvo Inc | 3,500 | 581,945 | 0.47 |
| Iron Mountain Inc | 9,400 | 277,112 | 0.22 |  | Quest Diagnostics Inc | 3,600 | 429,012 | 0.35 |
| Johnson & Johnson | 9,700 | 1,526,586 | 1.24 |  | Regal Beloit Corp | 3,300 | 405,273 | 0.33 |
| Johnson Controls Internation | 15,500 | 722,145 | 0.59 |  | Republic Services Inc | 1,600 | 154,080 | 0.12 |
| JP Morgan Chase & Co | 4,400 | 559,108 | 0.45 |  | Seagate Technology | 16,000 | 994,560 | 0.81 |
| Kellogg Co | 11,700 | 728,091 | 0.59 |  | Servicenow Inc | 2,200 | 1,210,946 | 0.98 |
| Keycorp | 15,800 | 259,278 | 0.21 |  | Svb Financial Group | 2,200 | 853,226 | 0.69 |
| Kroger Co | 24,700 | 784,472 | 0.64 |  | T Rowe Price Group Inc | 4,400 | 666,116 | 0.54 |
| Leidos Holdings Inc | 13,300 | 1,398,096 | 1.13 |  | Take Two Interactive Softwre | 3,500 | 727,265 | 0.59 |
| Lennar Corp | 1,700 | 129,591 | 0.11 |  | Target Corp | 7,400 | 1,306,322 | 1.06 |
| Lowes Companies | 8,200 | 1,316,182 | 1.07 |  | Teradyne Inc | 11,600 | 1,390,724 | 1.13 |
| LyondellBasell Industries | 4,400 | 403,304 | 0.33 |  | Tesla Inc | 2,900 | 2,046,443 | 1.66 |
| Masco Corp | 23,200 | 1,274,376 | 1.03 |  | The JM Smucker Company | 9,500 | 1,098,200 | 0.89 |
| Medtronic Plc | 8,400 | 983,976 | 0.80 |  | The Kraft Heinz Company | 12,400 | 429,784 | 0.35 |
| Merck & Co Inc | 6,100 | 498,980 | 0.40 |  | Thermo Fisher Scientific | 1,100 | 512,358 | 0.42 |
| Metlife Inc | 15,200 | 713,640 | 0.58 |  | Tractor Supply Company | 1,100 | 154,638 | 0.13 |
| Mettler Toledo International | 400 | 455,872 | 0.37 |  | TransUnion | 1,500 | 148,830 | 0.12 |
| Microsoft Corp | 31,800 | 7,072,956 | 5.73 |  | Trimble Navigation Ltd | 2,700 | 180,279 | 0.15 |
| Monolithic Power Systems Inc | 2,100 | 769,083 | 0.62 |  | Ubiquiti Networks Inc | 1,500 | 417,765 | 0.34 |
| Nasdaq OMX Group | 1,800 | 238,932 | 0.19 |  | United Parcel Service | 1,400 | 235,760 | 0.19 |
| Netflix Inc | 1,700 | 919,241 | 0.74 |  | United Therapeutics Corp | 2,600 | 394,654 | 0.32 |
| Nielsen Holdings PLC | 41,700 | 870,279 | 0.71 |  | Unitedhealth Group Inc | 2,800 | 981,904 | 0.80 |
| NovoCure Ltd | 2,300 | 397,992 | 0.32 |  | Unum Group | 34,700 | 796,018 | 0.65 |
| Nvidia Corp | 2,100 | 1,096,620 | 0.89 |  | Verizon Communications | 31,300 | 1,838,875 | 1.49 |
| Old Dominion Freight Line | 1,700 | 331,806 | 0.27 |  | Vertex Pharmaceuticals Inc | 2,200 | 519,948 | 0.42 |
| Omnicom Group Inc | 16,900 | 1,054,053 | 0.85 |  | Viatris Inc | 19,136 | 358,609 | 0.29 |
| Oracle Corp | 27,900 | 1,804,851 | 1.46 |  | Vici Properties Inc | 12,800 | 326,400 | 0.26 |
| Paychex Inc | 8,600 | 801,348 | 0.65 |  | Waters Corporation | 1,500 | 371,130 | 0.30 |
| Paypal Holdings Inc | 714 | 167,219 | 0.14 |  | West Pharmaceutical Services | 500 | 141,655 | 0.11 |
| PennyMac Financial Services Inc Class A | 2,500 | 164,050 | 0.13 |  |  |  |  |  |

The accompanying notes form an integral part of these financial statements.
*Please refer to note 2d) for more information on valuation of Investments.

Translation (ENFR, 2020-12-31):
# Etat des investissements et autres actifs nets au 31 décembre 2020 (en USD)
| Description | Quantité/ Valeur nominale | Valeur de marché* | % des actifs nets |
| --- | --- | --- | --- |

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

VALEURS MOBILIERES ADMISES A LA COTE OFFICIELLE D’UNE BOURSE DE VALEURS OU NEGOCIEES SUR UN AUTRE MARCHE
Actions en USD (suite)
| REGLEMENTE | Citizens Financial Group | 14,500 | 518,520 | 0.42 |
| --- | --- | --- | --- | --- |
| Actions en USD |  |  |  |  | Citrix Systems Inc | 2,700 | 351,270 | 0.28 |
| 3M Co | 1,600 | 279,664 | 0.23 |  | Clorox Company | 2,900 | 585,568 | 0.47 |
| Abbott Laboratories | 3,900 | 427,011 | 0.35 |  | Coca Cola European Partners | 15,000 | 747,450 | 0.61 |
| Abbvie Inc | 9,900 | 1,060,785 | 0.86 |  | Colgate-Palmolive Co | 16,300 | 1,393,813 | 1.13 |
| Adobe Systems Inc | 1,400 | 700,168 | 0.57 |  | Conagra Brands Inc | 3,700 | 134,162 | 0.11 |
| Advanced Micro Devices | 9,900 | 907,929 | 0.74 |  | Copart Inc | 1,300 | 165,425 | 0.13 |
| AGCO Corp | 5,100 | 525,759 | 0.43 |  | Crocs Inc | 4,800 | 300,768 | 0.24 |
| Alexion Pharmaceuticals Inc | 2,900 | 453,096 | 0.37 |  | CVS Caremark Corp | 2,000 | 136,600 | 0.11 |
| Allstate Corp | 1,600 | 175,888 | 0.14 |  | Danaher Corp | 1,500 | 333,210 | 0.27 |
| Alphabet Inc A shares | 2,288 | 4,010,040 | 3.25 |  | Davita Inc | 2,200 | 258,280 | 0.21 |
| Amazon.com Inc | 1,772 | 5,771,280 | 4.68 |  | Deckers Outdoor Corp | 700 | 200,746 | 0.16 |
| Amdocs Ltd | 18,600 | 1,319,298 | 1.07 |  | Dollar Tree Inc | 3,800 | 410,552 | 0.33 |
| American International Group | 6,600 | 249,876 | 0.20 |  | Dropbox Inc Class A | 7,400 | 164,206 | 0.13 |
| American Tower Corp | 600 | 134,676 | 0.11 |  | Duke Energy Corp | 14,016 | 1,283,305 | 1.04 |
| Ameriprise Financial Inc | 7,300 | 1,418,609 | 1.15 |  | Eastman Chemical Co | 2,900 | 290,812 | 0.24 |
| Amgen Inc | 2,461 | 565,833 | 0.46 |  | Ebay Inc | 11,086 | 557,072 | 0.45 |
| Apple Computer Inc | 61,700 | 8,186,973 | 6.63 |  | Edison International | 18,800 | 1,181,016 | 0.96 |
| Applied Materials Inc | 18,700 | 1,613,810 | 1.31 |  | Eli Lilly & Co | 1,200 | 202,608 | 0.16 |
| Archer Daniels Midland Co | 9,000 | 453,690 | 0.37 |  | Emerson Electric Co | 18,900 | 1,518,993 | 1.23 |
| AT&T Inc | 17,600 | 506,176 | 0.41 |  | Enphase Energy Inc | 2,000 | 350,940 | 0.28 |
| Autodesk Inc | 4,100 | 1,251,894 | 1.01 |  | Epam Systems Inc | 600 | 215,010 | 0.17 |
| Automatic Data Processing | 4,200 | 740,040 | 0.60 |  | Equitable Holdings Inc | 21,200 | 542,508 | 0.44 |
| AutoNation Inc | 7,600 | 530,404 | 0.43 |  | Eversource Energy | 1,700 | 147,067 | 0.12 |
| Avantor Inc | 12,600 | 354,690 | 0.29 |  | Exelon Corp | 5,700 | 240,654 | 0.20 |
| Baker Hughes Co | 20,000 | 417,000 | 0.34 |  | Exxon Mobil Corp | 11,300 | 465,786 | 0.38 |
| Bank of America Corp | 11,000 | 333,410 | 0.27 |  | Facebook Inc | 11,500 | 3,141,340 | 2.55 |
| Bank of New York Mellon Corp | 30,700 | 1,302,908 | 1.06 |  | Fair Isaac Corp | 1,000 | 511,040 | 0.41 |
| Best Buy Co Inc | 10,600 | 1,057,774 | 0.86 |  | FMC Corp | 4,800 | 551,664 | 0.45 |
| Biomarin Pharmaceutical Inc | 3,800 | 333,222 | 0.27 |  | Ford Motor Credit Co LLC | 121,500 | 1,067,985 | 0.87 |
| Bristol-Myers Squibb Co | 3,000 | 186,090 | 0.15 |  | Fortinet Inc | 8,900 | 1,321,917 | 1.07 |
| Brown + Brown Inc | 16,700 | 791,747 | 0.64 |  | Gaming And Leisure Properties | 4,329 | 183,550 | 0.15 |
| C.H. Robinson Worldwide Inc | 1,400 | 131,418 | 0.11 |  | Generac Holdings Inc | 3,600 | 818,676 | 0.66 |
| Cardinal Health Inc | 7,900 | 423,124 | 0.34 |  | General Mills Inc | 18,300 | 1,076,040 | 0.87 |
| Celanese Corp | 3,700 | 480,778 | 0.39 |  | General Motors Co | 32,300 | 1,344,972 | 1.09 |
| Cheniere Energy Inc | 8,600 | 516,258 | 0.42 |  | Genuine Parts Co | 3,000 | 301,290 | 0.24 |
| Chevrontexaco Corp | 4,700 | 396,915 | 0.32 |  | Gilead Sciences Inc | 9,255 | 539,196 | 0.44 |

Cisco Systems Inc	32,502	1,454,4641.18
Les notes annexées font partie intégrante des présents états financiers.
*Voir note 2d) pour plus d'information sur l'évaluation du portefeuille-titres.