# Comgest Growth Europe Opportunities
## SCHEDULE OF INVESTMENTS
As at 31 December 2020 (expressed in EUR)
| Quantity/ Security	Face value | Currency | Acquisition cost EUR | Fair Value EUR | % Net Assets |
| --- | --- | --- | --- | --- |
| Internet software Prosus NV	742,094 | EUR | 54,103,032 | 65,571,426 | 4.24 |
|  |  | 54,103,032 | 65,571,426 | 4.24 |
|  |  |  |  |  |
| Total Netherlands |  | 167,007,451 | 268,006,021 | 17.32 |

Switzerland
Chemicals
| Lonza Group AG | 74,788 | CHF | 19,104,329 | 39,331,653 | 2.54 |
| --- | --- | --- | --- | --- | --- |
| Sika AG | 287,890 | CHF | 37,409,097 | 64,362,598 | 4.16 |
|  |  |  | 56,513,426 | 103,694,251 | 6.70 |

Holding and finance companies
| Temenos AG | 580,592 | CHF | 69,756,212 | 66,376,731 | 4.29 |
| --- | --- | --- | --- | --- | --- |
| VAT Group AG | 41,245 | CHF | 4,522,851 | 8,420,174 | 0.55 |
|  |  |  | 74,279,063 | 74,796,905 | 4.84 |

| Total Switzerland | 130,792,489 | 178,491,156 | 11.54 |
| --- | --- | --- | --- |
|  |  |  |  |
| Equity securities | 1,097,339,906 | 1,456,503,408 | 94.15 |
|  |  |  |  |
| Transferable securities admitted to an official stock exchange listing | 1,097,339,906 | 1,456,503,408 | 94.15 |
| Other transferable securities |  |  |  |
| Equity securities |  |  |  |
| Italy |  |  |  |
| Pharmaceuticals and cosmetics AMPLIFON INTERIM B | 438,975 | EUR | 6,797,133 | 14,942,709 | 0.97 |
|  |  |  | 6,797,133 | 14,942,709 | 0.97 |

Total Italy	6,797,133	14,942,709	0.97
Equity securities	6,797,133	14,942,709	0.97
Other transferable securities	6,797,133	14,942,709	0.97

Translation (ENFR, 2020-12-31):
# Comgest Growth Europe Opportunities
MOUVEMENTS SIGNIFICATIFS DU PORTEFEUILLE pour l’exercice clos le 31 décembre 2020
| Achats |  |  |  |
| --- | --- | --- | --- |
| Valeur | Quantité | Montant de règlement (EUR) | % du Total Achats |
| Bakkafrost P/F | 962 404 | 51 377 720 | 6,76 |
| Prosus NV | 594 589 | 44 790 422 | 5,90 |
| LVMH Moët Hennessy Louis Vuitton SE | 116 611 | 43 430 933 | 5,72 |
| B&M European Value Retail SA | 9 413 311 | 42 693 545 | 5,62 |
| Capgemini SE | 393 107 | 40 205 951 | 5,29 |
| ASML Holding NV | 110 944 | 34 395 273 | 4,53 |
| AstraZeneca PLC | 364 140 | 33 583 342 | 4,42 |
| Temenos AG | 294 115 | 33 503 010 | 4,41 |
| Varta AG | 273 715 | 26 995 924 | 3,55 |
| GN Store Nord AS | 443 218 | 25 076 912 | 3,30 |
| Teleperformance | 99 924 | 24 839 912 | 3,27 |
| ICON PLC | 148 449 | 23 521 896 | 3,10 |
| Davide Campari-Milano SpA | 2 925 070 | 23 457 081 | 3,09 |
| SimCorp A/S | 229 928 | 22 001 853 | 2,90 |
| Zalando SE | 280 924 | 21 952 504 | 2,89 |
| Wizz Air Holdings Plc | 485 459 | 20 293 576 | 2,67 |
| Adyen NV | 23 857 | 19 430 455 | 2,56 |
| Orpea SA | 177 625 | 18 327 365 | 2,41 |
| Moncler SpA | 518 494 | 17 745 525 | 2,34 |
| DSV PANALPINA A/S | 138 592 | 16 249 305 | 2,14 |
| Sika AG | 77 787 | 14 922 182 | 1,96 |
| Keywords Studios PLC | 604 773 | 14 669 782 | 1,93 |
| Symrise AG | 148 550 | 14 426 194 | 1,90 |
| TKH Group NV | 397 781 | 13 917 350 | 1,83 |
| boohoo Group PLC | 4 537 992 | 13 605 426 | 1,79 |
| Fresenius SE & Co KGaA | 289 152 | 11 836 295 | 1,56 |
| Wirecard AG | 100 556 | 11 306 692 | 1,49 |
| Adyen NV | 7 214 | 10 459 044 | 1,38 |
| Netcompany Group A/S | 133 500 | 8 849 488 | 1,16 |
| Solutions 30 SE | 593 662 | 8 307 074 | 1,09 |