# ODDO BHF
## Notes to the financial statements - Schedule of derivative
instruments
As at 31 October 2021, the following forward currency exchange contracts were outstanding :
ODDO BHF Euro High Yield Bond
Currency	Quantity Currency	Quantity	Maturity
Unrealised
purchased	purchased	sale	sale	date	(in EUR)	Counterparty
CHF	141,000.00	EUR	131,593.76  16.11.2021	1,764 *	J.P.MORGAN AG
1,764
The contracts that are marked with * relate specifically to foreign exchange risk hedging of shares.
ODDO BHF Euro Credit Short Duration
Currency	Quantity Currency	Quantity	Maturity
Unrealised
| purchased | purchased | sale | sale | date | (in EUR) | Counterparty |
| --- | --- | --- | --- | --- | --- | --- |
| CHF | 876,000.00 | EUR | 817,561.21 | 16.11.2021 | 10,961 | *	J.P.MORGAN AG |
| CHF | 37,000.00 | EUR | 34,531.70 | 16.11.2021 | 463 | *	J.P.MORGAN AG |
| CHF | 2,604,000.00 | EUR | 2,430,284.71 | 16.11.2021 | 32,582 | *	J.P.MORGAN AG |
| USD | 538,000.00 | EUR | 464,571.50 | 16.11.2021 | 198 | *	J.P.MORGAN AG |
| USD | 3,153,000.00 | EUR | 2,722,665.32 | 16.11.2021 | 1,159 | *	J.P.MORGAN AG |
| CHF | 3,744.00 | EUR | 3,498.66 | 16.11.2021 | 42 | *	Natixis |
| EUR | 43,031,052.24 | USD | 50,000,000.00 | 15.12.2021 | (130,290) | HSBC Bank |
| EUR | 25,813,479.54 | USD | 30,000,000.00 | 15.12.2021 | (83,331) | ODDO BHF |
| EUR | 43,031,255.92 | USD | 50,000,000.00 | 15.12.2021 | (130,086) | Société Générale |
| EUR | 45,015,322.98 | GBP | 38,000,000.00 | 15.12.2021 | 44,679 | J.P.MORGAN AG |
| EUR | 49,041,956.77 | USD | 57,000,000.00 | 15.12.2021 | (161,988) | J.P.MORGAN AG |
| USD | 157,172.00 | EUR | 135,513.72 | 16.11.2021 | 265 | *	Société Générale |
| EUR | 9,371.65 | CHF | 9,995.00 | 16.11.2021 | (82) | *	Natixis |
| EUR | 438,434.12 | USD | 512,152.00 | 16.11.2021 | (4,007) | *	Natixis |
| USD | 10,113.00 | EUR | 8,735.73 | 16.11.2021 | 1 | *	Société Générale |

(419,434)
The contracts that are marked with * relate specifically to foreign exchange risk hedging of shares.
ODDO BHF Convertibles Global
Currency	Quantity Currency	Quantity	Maturity
Unrealised
| purchased | purchased | sale | sale | date | (in EUR) | Counterparty |
| --- | --- | --- | --- | --- | --- | --- |
| CHF | 485,000.00 | EUR | 452,645.19 | 16.11.2021 | 6,068 | *	J.P.MORGAN AG |
| USD | 1,146,000.00 | EUR | 989,589.11 | 16.11.2021 | 421 | *	J.P.MORGAN AG |
| HKD | 788,000.00 | USD | 101,380.72 | 30.11.2021 | (64) | Bank of America NA |
| USD | 383,394.10 | HKD | 2,980,000.00 | 30.11.2021 | 243 | Bank of America NA |
| USD | 26,243.91 | KRW | 30,668,000.00 | 30.11.2021 | 127 | BNP Paribas |
| AUD | 200,000.00 | USD | 149,882.00 | 30.11.2021 | 305 | TORONTO-DOMINION BANK |
| USD | 149,882.00 | AUD | 200,000.00 | 30.11.2021 | (305) | TORONTO-DOMINION BANK |
| USD | 51,947.47 | SGD | 70,000.00 | 30.11.2021 | 38 | Barclays Bank PLC |
| SGD | 70,000.00 | USD | 51,947.47 | 30.11.2021 | (38) | Barclays Bank PLC |
| JPY | 18,739,000.00 | USD | 164,556.18 | 30.11.2021 | (158) | Morgan Stanley And Co |
| USD | 948,400.01 | JPY | 108,000,000.00 | 30.11.2021 | 913 | Morgan Stanley And Co |
| CNH | 205,000.00 | USD | 32,056.29 | 30.11.2021 | (91) | CITIBANK NA |
| USD | 32,056.29 | CNH | 205,000.00 | 30.11.2021 | 92 | CITIBANK NA |
| USD | 254,502.46 | CHF | 234,000.00 | 30.11.2021 | (1,537) | UBS Global Asset Management |
| EUR | 11,327,000.00 | USD | 13,154,135.71 | 30.11.2021 | (33,563) | Deutsche Bank AG |
| USD | 239,511.17 | GBP | 174,000.00 | 30.11.2021 | 862 | Deutsche Bank AG |
| GBP | 174,000.00 | USD | 239,511.17 | 30.11.2021 | (862) | Deutsche Bank AG |
| HKD | 2,063,000.00 | USD | 265,273.65 | 30.11.2021 | (45) | Royal Bank, Canada |

(27,594)
The contracts that are marked with * relate specifically to foreign exchange risk hedging of shares.
ODDO BHF Sustainable Credit Opportunities (formerly Credit Opportunities)
Currency	Quantity Currency	Quantity	Maturity
Unrealised
| purchased | purchased | sale	sale	date	(in EUR)	Counterparty |
| --- | --- | --- |
| SEK | 9,900.00 | EUR | 981.43  16.11.2021 | 15 | *	ODDO BHF |
| CHF | 11,639,000.00 | EUR | 10,862,551.35  16.11.2021 | 145,632 | *	J.P.MORGAN AG |
| USD | 1,751,000.00 | EUR | 1,512,016.17  16.11.2021 | 644 | *	J.P.MORGAN AG |
| CHF | 773.00 | EUR | 721.37  16.11.2021 | 10 | *	J.P.MORGAN AG |
| CHF | 30,173.00 | EUR | 28,158.46  16.11.2021 | 379 | *	J.P.MORGAN AG |
| CHF | 2,172,493.00 | EUR | 2,033,404.85  16.11.2021 | 21,342 | *	ODDO BHF |

168,022
The contracts that are marked with * relate specifically to foreign exchange risk hedging of shares.
ODDO BHF Global Credit Short Duration
Currency	Quantity Currency	Quantity	Maturity
Unrealised
| purchased | purchased | sale | sale | date | (in EUR) | Counterparty |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 37,717,330.16 | USD | 43,885,000.00 | 15.12.2021 | (165,433) | ODDO BHF |
| EUR | 2,599,016.01 | GBP | 2,200,000.00 | 15.12.2021 | (4,553) | Société Générale |
| EUR | 34,380,074.82 | USD | 40,000,000.00 | 15.12.2021 | (149,046) | Credit Agricole CIB |
|  |  |  |  |  | (319,032) |  |

ODDO BHF Millennials
| Currency purchased | Quantity purchased | Currency sale | Quantity sale | Maturity date | Unrealised (in USD) | Counterparty |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 1,149.00 | USD | 1,330.51 | 16.11.2021 | 0 | *	Société Générale |
| EUR | 1,122.00 | USD | 1,299.24 | 16.11.2021 | (1) | *	Société Générale |
| EUR | 1,120.00 | USD | 1,296.93 | 16.11.2021 | 0 | *	Société Générale |
| EUR | 1,137.00 | USD | 1,316.61 | 16.11.2021 | 0 | *	Société Générale |
| EUR | 1,140.00 | USD | 1,320.09 | 16.11.2021 | (1) | *	Société Générale |
| EUR | 1,140.00 | USD | 1,320.09 | 16.11.2021 | (1) | *	Société Générale |
| EUR | 43.00 | USD | 50.10 | 16.11.2021 | (1) | *	Société Générale |
| EUR | 43.00 | USD | 50.10 | 16.11.2021 | 0 | *	Société Générale |
| EUR | 43.00 | USD | 50.10 | 16.11.2021 | (1) | *	Société Générale |
| EUR | 43.00 | USD | 50.10 | 16.11.2021 | 0 | *	Société Générale |
| EUR | 43.00 | USD | 50.10 | 16.11.2021 | 0 | *	Société Générale |
| EUR | 43.00 | USD | 50.10 | 16.11.2021 | 0 | *	Société Générale |

(5)
The contracts that are marked with * relate specifically to foreign exchange risk hedging of shares.
ODDO BHF Artificial Intelligence
| Currency purchased | Quantity purchased | Currency sale | Quantity sale | Maturity date | Unrealised (in USD) | Counterparty |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 939.00 | USD | 1,087.45 | 16.11.2021 | (1) | *	ODDO BHF |
| EUR | 1,632.00 | USD | 1,890.01 | 16.11.2021 | (1) | *	ODDO BHF |
| EUR | 11,591,000.00 | USD | 13,423,489.58 | 16.11.2021 | (6,169) | *	ODDO BHF |
| EUR | 185,000.00 | USD | 214,247.74 | 16.11.2021 | (98) | *	ODDO BHF |
| EUR | 981,000.00 | USD | 1,136,092.08 | 16.11.2021 | (522) | *	ODDO BHF |
| EUR | 1,186,000.00 | USD | 1,373,501.74 | 16.11.2021 | (631) | *	ODDO BHF |
| EUR | 470,000.00 | USD | 547,427.47 | 16.11.2021 | (3,373) | *	Credit Agricole CIB |
| EUR | 35,000.00 | USD | 40,765.88 | 16.11.2021 | (251) | *	Credit Agricole CIB |
| EUR | 60.00 | USD | 69.88 | 16.11.2021 | 0 | *	Credit Agricole CIB |
| EUR | 7,000.00 | USD | 8,153.18 | 16.11.2021 | (50) | *	Credit Agricole CIB |
| EUR | 40,000.00 | USD | 46,589.57 | 16.11.2021 | (287) | *	Credit Agricole CIB |
| EUR | 35.00 | USD | 40.77 | 16.11.2021 | 0 | *	Credit Agricole CIB |
| USD | 40,864.79 | EUR | 35,177.00 | 16.11.2021 | 145 | *	Credit Agricole CIB |
| USD | 1,275.76 | EUR | 1,100.00 | 16.11.2021 | 2 | *	Société Générale |
| EUR | 2,365.00 | USD | 2,743.59 | 16.11.2021 | (6) | *	Credit Agricole CIB |
| USD | 108,807.42 | EUR | 93,120.00 | 16.11.2021 | 1,015 | *	J.P.MORGAN AG |

ODDO BHF Artificial Intelligence
Currency	Quantity Currency	Quantity	Maturity
Unrealised
purchased	purchased	sale	sale	date	(in USD)	Counterparty
EUR	144,060.00	USD	168,308.01  16.11.2021	(1,549) *	Credit Agricole CIB
EUR	4,080.00	USD	4,721.12  16.11.2021	1 *	Société Générale
(11,775)
The contracts that are marked with * relate specifically to foreign exchange risk hedging of shares.
ODDO BHF Green Planet
| Currency purchased | Quantity purchased | Currency sale | Quantity sale | Maturity date | Unrealised (in USD) | Counterparty |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 60,132.86 | EUR | 51,918.00 | 16.11.2021 | 34 | *	Credit Agricole CIB |
| EUR | 3,547,000.00 | USD | 4,106,339.20 | 16.11.2021 | (461) | *	J.P.MORGAN AG |
| EUR | 57,100.00 | USD | 66,104.30 | 16.11.2021 | (7) | *	J.P.MORGAN AG |
| EUR | 308,000.00 | USD | 356,569.63 | 16.11.2021 | (40) | *	J.P.MORGAN AG |
| EUR | 618,000.00 | USD | 715,454.64 | 16.11.2021 | (80) | *	J.P.MORGAN AG |
| EUR | 491,000.00 | USD | 568,427.56 | 16.11.2021 | (64) | *	J.P.MORGAN AG |
| USD | 34,593.58 | EUR | 29,786.00 | 16.11.2021 | 114 | *	Credit Agricole CIB |
| EUR | 3,000.00 | USD | 3,493.77 | 16.11.2021 | (21) | *	Credit Agricole CIB |
| EUR | 36,000.00 | USD | 41,925.21 | 16.11.2021 | (253) | *	Credit Agricole CIB |
| EUR | 18,000.00 | USD | 20,962.61 | 16.11.2021 | (126) | *	Credit Agricole CIB |
| EUR | 26,000.00 | USD | 30,279.32 | 16.11.2021 | (183) | *	Credit Agricole CIB |
| EUR | 200,000.00 | USD | 232,917.86 | 16.11.2021 | (1,405) | *	Credit Agricole CIB |
| EUR | 174,509.00 | USD | 202,470.93 | 16.11.2021 | (466) | *	Credit Agricole CIB |
| USD | 191.05 | EUR | 165.00 | 16.11.2021 | 0 | *	J.P.MORGAN AG |

(2,958)
The contracts that are marked with * relate specifically to foreign exchange risk hedging of shares.
FINANCIAL FUTURES CONTRACTS
As at 31 October 2021, the following financial futures contracts were outstanding :
ODDO BHF Sustainable Euro Corporate Bond (formerly Euro Corporate Bond)
Commitment
| Quantity (purchase/(sale)) | Denomination | Currency | (in EUR) (in absolute value) | Unrealised (in EUR) | Broker |
| --- | --- | --- | --- | --- | --- |
| Futures on bonds |  |  |  |  |  |
| 200 | EURO SCHATZ FUTURE 12/21 | EUR | 22,392,000 | (60,350) | CACEIS Bank, Paris |
| (50) | EURO BOBL FUTURE 12/21 | EUR | 6,688,000 | 28,500 | CACEIS Bank, Paris |
| (250) | EURO BUND FUTURE 12/21 | EUR | 42,030,000 | 329,520 | CACEIS Bank, Paris |
|  |  |  |  | 297,670 |  |

Futures on currency
339
EUR/USD (CME) 12/21
USD	36,616,980
(986,790)
(986,790)
CACEIS Bank, Paris
ODDO BHF Euro High Yield Bond
Quantity (purchase/(sale)) Denomination
Futures on bonds
Currency
Commitment
(in EUR)
(in absolute value)
Unrealised (in EUR)
Broker
(70)
EURO BUND FUTURE 12/21
EUR	11,768,400
310,100
310,100
CACEIS Bank, Paris
ODDO BHF Sustainable Credit Opportunities (formerly Credit Opportunities)
Commitment
| Quantity (purchase/(sale)) Denomination | Currency | (in EUR) (in absolute value) | Unrealised (in EUR) | Broker |
| --- | --- | --- | --- | --- |
| Futures on bonds |  |  |  |  |
| (70) EURO BOBL FUTURE 12/21 | EUR | 9,363,200 | 39,900 | CACEIS Bank, Paris |
| (267) EURO BUND FUTURE 12/21 | EUR | 44,888,040 | 309,790 | CACEIS Bank, Paris |
| (300) US 10 YEARS NOTE 12/21 | USD | 33,882,858 | 440,160 | CACEIS Bank, Paris |
| (30) EURO BUXL FUTURE 12/21 | EUR | 6,269,400 | (37,780) | CACEIS Bank, Paris |
| Futures on currency |  |  | 752,070 |  |
| 589 EUR/USD (CME) 12/21 | USD | 63,620,652 | (2,127,038) | CACEIS Bank, Paris |
| 54 EUR/GBP (CME) 12/21 | GBP | 7,995,262 | (123,527) | CACEIS Bank, Paris |
|  |  |  | (2,250,565) |  |


#### SICAV ODDO BHF
CREDIT DEFAULT SWAPS
As at 31 October 2021, the following credit default swaps contracts were outstanding:
ODDO BHF Sustainable Euro Corporate Bond (formerly Euro Corporate Bond)
|  | Currency | Maturity | Buy -Sell | Credit Default Cover | Unrealised gain/(loss) (EUR) |
| --- | --- | --- | --- | --- | --- |
| 15,000,000 | EUR | 20/12/2026 | Buy | ITRAXX XOVER S36 V1 MKT | (1,674,000) |
| 12,000,000 | EUR | 20/12/2026 | Buy | ITRAXX XOVER S36 V1 MKT | (1,339,200) |
|  |  |  |  | Total | (3,013,200) |

All the Credit Default Swaps for the sub-fund ODDO BHF Sustainable Euro Corporate Bond (formerly Euro Corporate Bond) are dealt with the broker NEWEDGE PARIS.
ODDO BHF Euro High Yield Bond
|  | Currency | Maturity | Buy -Sell | Credit Default Cover | Unrealised gain/(loss) (EUR) |
| --- | --- | --- | --- | --- | --- |
| 15,000,000 | EUR | 20/12/2026 | Buy | ITRAXX XOVER S36 V1 MKT Total | (1,674,000) (1,674,000) |

The Credit Default Swap for the sub-fund ODDO BHF Euro High Yield Bond is dealt with the broker NEWEDGE PARIS.
ODDO BHF Euro Credit Short Duration
|  | Currency | Maturity | Buy -Sell | Credit Default Cover | Unrealised gain/(loss) (EUR) |
| --- | --- | --- | --- | --- | --- |
| 26,000,000 | EUR | 20/12/2026 | Buy | ITRAXX XOVER S36 V1 MKT Total | (2,901,600) (2,901,600) |

The Credit Default Swap for the sub-fund ODDO BHF Euro Credit Short Duration is dealt with the broker NEWEDGE PARIS.
ODDO BHF Sustainable Credit Opportunities (formerly Credit Opportunities)
|  | Currency | Maturity | Buy -Sell | Credit Default Cover | Unrealised gain/(loss) (EUR) |
| --- | --- | --- | --- | --- | --- |
| 22,000,000 | EUR | 20/12/2026 | Buy | ITRAXX XOVER S36 V1 MKT | (2,455,200) |
| 10,000,000 | EUR | 20/12/2026 | Buy | ITRAXX XOVER S36 V1 MKT | (1,116,000) |
|  |  |  |  | Total | (3,571,200) |

All the Credit Default Swaps for the sub-fund ODDO BHF Sustainable Credit Opportunities (formerly Credit Opportunities) are dealt with the broker NEWEDGE PARIS.
ODDO BHF Global Credit Short Duration
|  | Currency | Maturity | Buy -Sell | Credit Default Cover | Unrealised gain/(loss) (EUR) |
| --- | --- | --- | --- | --- | --- |
| 3,000,000 | EUR | 20/12/2026 | Buy | ITRAXX XOVER S36 V1 MKT Total | (333,550) (333,550) |

The Credit Default Swap for the sub-fund ODDO BHF Global Credit Short Duration is dealt with the broker NEWEDGE PARIS.

Translation (ENIT, 2021-10-31):
# ODDO BHF
## Consolidato

### Prospetti finanziari al 31.10.2021
Stato patrimoniale al 31.10.2021
Valori espressi in EUR
| Attivo |  | 3,455,855,624 |
| --- | --- | --- |
| Portafoglio titoli a prezzo di mercato | Nota 2b | 3,200,193,431 |
| Prezzo d'acquisto |  | 3,132,117,423 |
| Depositi bancari a vista e liquidità |  | 151,788,468 |
| Altre liquidità |  | 3,900,692 |
| Depositi vincolati |  | 54,216,232 |
| Interessi maturati |  | 28,493,013 |
| Crediti verso broker per vendita titoli |  | 9,533,752 |
| Sottoscrizioni da regolare |  | 6,323,038 |
| Dividendi da incassare |  | 215,814 |
| Plusvalenze non realizzate su future su cambi | Nota 2e | 169,786 |
| Plusvalenze non realizzate su future | Nota 2e | 310,100 |
| Crediti su contratti a termine su valute |  | 711,298 |
| Passivo |  | 118,416,503 |
| Debiti bancari a vista |  | 3,073,753 |
| Debiti verso broker per acquisto titoli |  | 26,524,085 |
| Minusvalenze non realizzate su contratti a termine su valute | Nota 2f, 9 | 53,359,760 |
| Commissioni di performance | Nota 4 | 465,857 |
| Rimborsi chiesti e non regolati |  | 17,431,261 |
| Minusvalenze non realizzate su future su cambi | Nota 2e | 778,795 |
| Minusvalenze non realizzate su future | Nota 2e | 2,187,615 |
| Minusvalenze non realizzate su swaps | Nota 2e | 11,493,550 |
| Commissioni di gestione e consulenza |  | 1,671,213 |
| Importi dovuti su contratti a termine su valute |  | 709,351 |
| Altre voci del passivo |  | 721,263 |
| Valore netto d'inventario |  | 3,337,439,121 |

Conto economico e variazioni patrimoniali dal 01.11.2020 al 31.10.2021
Valori espressi in EUR
| Proventi |  | 84,944,726 |
| --- | --- | --- |
| Dividendi netti | Nota 2d | 2,990,398 |
| Cedole nette da obbligazzioni | Nota 2d | 80,832,892 |
| Interessi bancari su conti correnti |  | 19,766 |
| Interessi bancari su conti bancari |  | 254 |
| Altri proventi finanziari |  | 113,902 |
| Interessi su pronti contro termine | Nota 2f | 451,681 |
| Interessi su interessi tasso swaps |  | 535,833 |
| Spese |  | 24,417,521 |
| Commissioni di gestione e consulenza | Nota 3 | 17,050,963 |
| Commissioni della banca depositaria e sub-depositaria | Nota 5 | 93,517 |
| Tassa d'abbonamento | Nota 7a | 588,508 |
| Commissioni di performance | Nota 4 | 468,853 |
| Commissioni di domiciliazione | Nota 5 | 1,346,561 |
| Onorari | Nota 12 | 529,091 |
| Interessi bancari su conti correnti |  | 601,777 |
| Spese di transazioni | Nota 2g | 1,416,165 |
| Spese su reverse repos | Nota 2f | 4,856 |
| Interessi su interessi tasso swaps |  | 2,099,358 |
| Altre spese |  | 217,872 |
| Reddito netto da investimenti |  | 60,527,205 |
| Utile netto realizzato / perdita netta realizzata su: - negoziazione di titoli | Nota 2d | 92,099,396 |
| - opzioni | Nota 2e | (363,347) |
| - future su cambi | Nota 2e | (5,063,515) |
| - future | Nota 2e | 515,015 |
| - swaps | Nota 2e | 11,620,691 |
| - cambi | Nota 2c | (10,996,080) |
| Utile netto realizzato |  | 148,339,365 |
| Variazioni nette delle plusvalenze / minusvalenze latenti su: - investimenti | Nota 2e | 46,428,899 |
| - future su cambi | Nota 2e | 1,786,068 |
| - future | Nota 2e | (1,104,562) |
| - swaps | Nota 2e | (10,651,319) |
| Aumento del patrimonio netto da operazioni di mercato |  | 184,798,451 |
| Dividendi distribuiti | Nota 6 | (62,524,208) |
| Sottoscrizione di azioni a capitalizzazione |  | 1,212,025,557 |
| Sottoscrizione di azioni a distribuzione |  | 303,917,196 |
| Riscatto di azioni a capitalizzazione |  | (733,907,764) |
| Riscatto di azioni a distribuzione |  | (347,980,184) |
| Aumento del patrimonio netto | 556,329,048 |
| Rivalutazione del bilancio iniziale | 797,607 |
| Patrimonio netto all'inizio dell'anno | 2,780,312,466 |
| Patrimonio netto a fine dell'anno | 3,337,439,121 |