# SUMUS FUND
## – SUMUS - Yielding Bonds Fund (Merged on 29
January 2021)
Changes in number of shares outstanding from 01/10/20 to 29/01/21
|  | Shares outstanding as at 01/10/20 | Shares issued | Shares redeemed | Shares outstanding as at 29/01/21 |
| --- | --- | --- | --- | --- |
| Premium EUR - Hedged - Capitalisation | 3,197.755 | 0.000 | 3,197.755 | 0.000 |
| Premium CHF - Hedged - Capitalisation | 131.195 | 0.000 | 131.195 | 0.000 |
| Premium USD - Capitalisation | 0.000 | 0.000 | 0.000 | 0.000 |
| All EUR - Hedged - Capitalisation | 3,777.875 | 0.000 | 3,777.875 | 0.000 |
| All CHF - Hedged - Capitalisation | 103.958 | 0.000 | 103.958 | 0.000 |
| All USD - Capitalisation | 124.129 | 0.000 | 124.129 | 0.000 |
| Large EUR - Hedged - Capitalisation | 60.000 | 0.000 | 60.000 | 0.000 |
| Large CHF - Hedged - Capitalisation | 50.000 | 0.000 | 50.000 | 0.000 |
| Large USD - Capitalisation | 522.252 | 0.000 | 522.252 | 0.000 |
|  | Key figures |  |  |  |
|  | Period ending as at: | 29/01/21 | 30/09/20 | 30/09/19 |
| Total Net Assets | USD | 0.00 | 8,963,362.15 | 30,378,828.11 |
| Premium EUR - Hedged - Capitalisation |
| Number of shares |  | 0.000 | 3,197.755 | 3,217.755 |
| Net asset value per share | EUR | 0.00 | 990.48 | 1,044.59 |
| Premium CHF - Hedged - Capitalisation |
| Number of shares |  | 0.000 | 131.195 | 111.195 |
| Net asset value per share | CHF | 0.00 | 971.23 | 1,027.97 |
| Premium USD - Capitalisation Number of shares |  | 0.000 | 0.000 | 7,775.376 |
| Net asset value per share | USD | 0.00 | 0.00 | 1,117.75 |
| All EUR - Hedged - Capitalisation Number of shares |  | 0.000 | 3,777.875 | 8,900.163 |
| Net asset value per share | EUR | 0.00 | 951.47 | 1,013.89 |
| All CHF - Hedged - Capitalisation Number of shares |  | 0.000 | 103.958 | 576.913 |
| Net asset value per share | CHF | 0.00 | 936.05 | 1,000.84 |
| All USD - Capitalisation Number of shares |  | 0.000 | 124.129 | 133.769 |
| Net asset value per share | USD | 0.00 | 1,044.40 | 1,088.71 |
| Large EUR - Hedged - Capitalisation Number of shares |  | 0.000 | 60.000 | 3,032.000 |
| Net asset value per share | EUR | 0.00 | 952.23 | 1,007.48 |

| Period ending as at: | 29/01/21 | 30/09/20 | 30/09/19 |
| --- | --- | --- | --- |
| USD | 0.00 | 8,963,362.15 | 30,378,828.11 |

Key figures
Total Net Assets
Large CHF - Hedged - Capitalisation
| Number of shares |  | 0.000 | 50.000 | 50.000 |
| --- | --- | --- | --- | --- |
| Net asset value per share | CHF | 0.00 | 909.02 | 964.81 |

Large USD - Capitalisation
| Number of shares |  | 0.000 | 522.252 | 3,683.409 |
| --- | --- | --- | --- | --- |
| Net asset value per share | USD | 0.00 | 1,040.47 | 1,077.22 |

Statement of Operations and Changes in Net Assets from 01/10/20 to 29/01/21
Expressed in USD
| Income |  | 128,353.58 |
| --- | --- | --- |
| Net dividends |  | 4,146.00 |
| Net interest on bonds |  | 124,207.58 |
| Expenses |  | 23,164.16 |
| Management fees | Note 4 | 2,958.97 |
| Taxe d'abonnement | Note 3 | 1,299.95 |
| Administrative fees |  | 5,029.06 |
| Performance fees | Note 5 | 1,783.66 |
| Hedging fees |  | 3,860.93 |
| Legal fees |  | 3,897.20 |
| Transaction fees | Note 7 | 552.91 |
| Other expenses | Note 8 | 3,781.48 |
| Net income from investments |  | 105,189.42 |
| Net realised profit / loss on: - sales of investment securities | Note 1b | 413,097.57 |
| - forward foreign exchange contracts | Note 1b | 175,245.31 |
| - foreign exchange | Note 1b | 2,743.98 |
| Net realised profit |  | 696,276.28 |
| Movement in net unrealised appreciation / depreciation on: - investment securities | Note 1e | 251,699.64 |
| - forward foreign exchange contracts | Note 1e | 78,374.47 |
| Increase in net assets as a result of operations |  | 1,026,350.39 |
| Redemption capitalisation shares |  | -9,989,712.54 |
| Decrease in net assets |  | -8,963,362.15 |
| Net assets at the beginning of the period |  | 8,963,362.15 |
| Net assets at the end of the period |  | 0.00 |

Translation (ENIT, 2021-09-30):
# SUMUS FUND
## Combinato

#### Prospetti finanziari al 30/09/21
Stato patrimoniale al 30/09/21
Valori espressi in EUR
| Attivo |  | 171,371,212.57 |
| --- | --- | --- |
| Portafoglio titoli a prezzo di mercato | Nota 1a | 154,552,620.23 |
| Prezzo d'acquisto |  | 151,973,738.33 |
| Plusvalenze latenti sul portafoglio titoli |  | 2,578,881.90 |
| Depositi bancari a vista e liquidità |  | 11,616,610.55 |
| Interessi maturati |  | 1,314,479.01 |
| Crediti verso broker per vendita titoli |  | 20,093.97 |
| Sottoscrizioni da regolare |  | 30,020.88 |
| Dividendi da incassare |  | 2,598.20 |
| Plusvalenze non realizzate su future su cambi | Nota 1e | 249,596.05 |
| Crediti verso cambio corto termine |  | 3,585,193.67 |
| Passivo |  | 6,214,923.39 |
| Opzioni vendute a prezzo di mercato |  | 1,859.22 |
| Opzioni vendute a prezzo d'acquisto |  | 9,584.66 |
| Debiti bancari a vista |  | 395,181.02 |
| Debiti verso broker per acquisto titoli |  | 167,502.20 |
| Rimborsi chiesti e non regolati |  | 488,839.28 |
| Minusvalenze non realizzate su future su cambi | Nota 1e | 923,754.79 |
| Minusvalenze non realizzate su future | Nota 1e | 187,045.70 |
| Debiti verso cambio corto termine |  | 3,587,339.61 |
| Altre voci del passivo |  | 463,401.58 |
| Valore netto d'inventario |  | 165,156,289.18 |

Conto economico e variazioni patrimoniali dal 01/10/20 al 30/09/21
Valori espressi in EUR
| Proventi |  | 4,828,064.40 |
| --- | --- | --- |
| Dividendi netti |  | 414,102.00 |
| Cedole nette da obbligazzioni |  | 4,412,957.30 |
| Interessi bancari su conti correnti |  | 136.33 |
| Altri proventi finanziari |  | 868.77 |
| Spese |  | 3,107,766.08 |
| Commissioni di gestione | Nota 4 | 887,573.59 |
| Commissioni della banca depositaria |  | 715.70 |
| Tassa d'abbonamento | Nota 3 | 68,908.16 |
| Spese amministrative |  | 234,868.56 |
| Commissioni di performance | Nota 5 | 1,344,929.62 |
| Commissioni di copertura |  | 65,115.81 |
| Onorari professionali |  | 68,577.49 |
| Interessi bancari su conti correnti |  | 30,962.67 |
| Spese legali |  | 53,639.39 |
| Spese di transazioni | Nota 7 | 112,902.10 |
| Altre spese | Nota 8 | 239,572.99 |
| Reddito netto da investimenti |  | 1,720,298.32 |
| Utile netto realizzato / perdita netta realizzata su: - negoziazione di titoli | Nota 1b | 11,890,099.83 |
| - opzioni | Nota 1b | 14,290.00 |
| - future su cambi | Nota 1b | 33,460.76 |
| - future | Nota 1b | 297,448.18 |
| - cambi | Nota 1b | -1,106,565.43 |
| Utile netto realizzato |  | 12,849,031.66 |
| Variazioni nette delle plusvalenze / minusvalenze latenti su: - investimenti | Nota 1e | 1,637,944.72 |
| - opzioni | Nota 1e | 7,725.44 |
| - future su cambi | Nota 1e | -296,912.81 |
| - future | Nota 1e | -186,845.70 |
| Aumento del patrimonio netto da operazioni di mercato |  | 14,010,943.31 |
| Sottoscrizione di azioni a capitalizzazione |  | 59,846,495.63 |
| Riscatto di azioni a capitalizzazione |  | -71,973,422.09 |
| Aumento del patrimonio netto | 1,884,016.85 |
| Rivalutazione del bilancio iniziale | 738,126.52 |
| Patrimonio netto all'inizio dell'anno | 162,534,145.81 |
| Patrimonio netto a fine dell'anno | 165,156,289.18 |