# Swisscanto (LU) Money Market Fund
## Notes on the annual report as at 31 March 2021

#### Note 1: Financial Reports

#### The fund reports are produced in accordance with the legal provisions and regulations governing undertakings for collective investments applicable in Luxembourg.

#### Note 2: Main Accounting Policies

#### The net assets of a subfund correspond to the difference between the assets of the subfund and the total liabilities of the subfund.
The total net assets are given in Swiss Francs (CHF). For the purpose of this calculation, the net assets of a subfund not denominated in CHF are converted to CHF, and this conversion was based on the following rates:
| 1 CHF | = | 1.395037 | AUD |
| --- | --- | --- | --- |
|  |  | 1.335441 | CAD |
|  |  | 0.904050 | EUR |
|  |  | 1.062530 | USD |


#### Valuation principles:
- Securities, derivatives and other investments that are listed on a stock exchange are valued at the last known market prices. If these securities, derivatives and other investments are listed on several stock exchanges, the last available price on the stock exchange that is the main market for this security is key. For securities, derivatives and other investments, for which trading on a stock exchange is minor and for which there is a second market between securities traders with price formation that complies with the market, the Management Company may undertake the valuation of these securities, derivatives and investments on the basis of these prices.

Securities, derivatives and other investments which are not listed on a stock exchange, but are traded on another regulated stock exchange which is recognised, open to the public and functions properly, are valued at the last known price on this market.
- Securities and other investments that are not listed on a stock exchange or on a regulated market are valued at the last market price available. If this is not available, the valuation of the securities is undertaken by the management company as per the other criteria to be set by the board of directors and on the basis of the expected possible sale price, the value of which is to be invested with all due care and to the best of their knowledge.
- Money market instruments which are not listed on a stock exchange, but are traded on another regulated stock exchange which is recognized, open to the public and functions properly, may be valued as follows: Starting from the net purchase price, the valuation price of such investments is progressively adjusted to the redemption price, while keeping the investment yield constant. In the event of key changes to the market conditions, the valuation basis of the individual investments is adjusted in line with the new market yield. In Swisscanto (LU) Money Market Fund, commercial papers and certificates of deposit are linearised.
- Liquid assets, trustee funds and fixed-term deposits are valued on the basis of their nominal value plus accrued interest
- Units in UCITS and other UCIs are valued according to their last published net asset value. If no net asset value is available, but only acquisition and sale prices, the units of such UCITS and other UCIs may be valued at the mean value between such acquisition and sale prices. If no current prices are available, the valuation is carried out by the Management Company in accordance with other criteria to be specified by the Board of Directors and on the basis of the probable sale price which must be estimated with due care and in good faith.
- Derivatives that are not traded on a stock exchange or any other regulated market are to be valued at the fair value that is appropriate after careful assessment, taking into account the overall circumstances.

Translation (ENFR, 2021-03-31):
# Swisscanto (LU) Money Market Fund
## Table des matières

#### Page
* Voir Note 14