# Swisscanto (LU)
## Notes on the annual report (cont.) as at 31 March 2022

### Note 9: Changes in the investment portfolio
Information on changes in the investment portfolio for the reporting period is available to all unitholders at the Swisscanto website (www.swisscanto.com) or can be requested free of charge from Swisscanto Asset Management AG, the head office of the Management Company, the Custodian Bank and the representative in Switzerland, from the German payment and information agent, from any branch of the Cantonal banks and any payment and sales office.

### Note 10: Transaction costs

### In the year under review, the fund incurred the following transaction costs from the sale and purchase of transferable securities and money market instruments:
| Equity Fund Sustainable Emerging Markets | USD | 729,261 |
| --- | --- | --- |
| Portfolio Fund Sustainable Protection* | CHF | 9,356 |

The transaction costs listed in the “Income and expense statement” and primarily associated with sub-custodian bank charges and similar charges are therefore not included in the values stated above, but are likewise directly connected to the sale and purchase of securities. Due to technical accounting restrictions, the transaction costs reported under this item cannot be allocated to the acquisition costs of the various securities.

### Note 11: Additional information

## Portfolio Fund Responsible Dynamic 0-50 was renamed Swisscanto (LU) Portfolio Fund Sustainable Protection with effect from 18 October 2021.

### Note 12: Related parties

### Zürcher Kantonalbank, as portfolio manager of the fund, is a related party. Swisscanto Asset Management International S.A., the fund’s management company, is part of the Zürcher Kantonalbank group.

### Note 13: Cross-subfund investments

### The consolidated annual report was not adjusted for the following cross-subfund investment within Swisscanto (LU) Umbrella Fund Systematic Responsible:
| Subfund | Currency | Fair value | % of net assets |
| --- | --- | --- | --- |
| Swisscanto (LU) Equity Fund Sustainable Emerging Markets | CHF | 659,770 | 3.11 |
| Swisscanto (LU) Bond Fund Sustainable Global Credit | CHF | 1,955,746 | 9.22 |


### Note 14: Russian conflict
In February 2022, several countries (including the United States, the United Kingdom and the EU) imposed sanctions on certain entities and persons in Russia on the basis of the Russian Federation's official recognition of the People's Republics of Donetsk and Lugansk. Possible further sanctions were announced following the military operations against Ukraine launched by Russia on 24 February 2022.
Since February 2022, rising geopolitical tensions have led to a significant increase in volatility in the securities and foreign exchange markets, as well as a significant devaluation of the rouble against the US dollar and the euro. These events are expected to affect the activities of Russian companies in various sectors of the economy.
The company considers these events to be non-adjusting events after the reporting period. Although at the time of this report neither the performance of the company, the continuing operation of the company as a going concern, nor the business activities were affected by the events mentioned above, the Board of Directors continues to monitor the evolving situation and its effects on the financial position and results of the company.
* See note 11

Translation (ENFR, 2022-03-31):
# Swisscanto (LU)
### Table des matières

#### Page
* Voir note 11