# CUMULATIVE AND ANNUALIZED PERFORMANCE IN USD 5)
|  | CUMULATIVE PERFORMANCE (IN %) |  |  |  |  |  | ANNUALIZED PERFORMANCE (IN %) |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| MTD	YTD | 1 Year | 3 Years | 5 Years | since Inception |  | 3 Years	5 Years since | Inception |
| MainFirst - Top European Ideas Fund (A3) |  | -1.82	+11.02 | +7.40 | +72.75 | +29.76 | +132.83 |  | +19.99	+5.35 | +10.66 |
| STOXX Europe 600 Hedged USD Net Total Return (SXXHUN Index) |  | +0.05	+9.09 | +7.02 | +59.26 | +52.72 | +89.86 |  | +16.78	+8.83 | +7.99 |

Historical performance is not an indicator for current or future performance. The performance data does not take into account the issue and redemption of the commissions and costs charged per unit. On 14 April 2020, the benchmark was changed from STOXX EUROPE 600 (Net Return) EUR to STOXX Europe 600 Hedged USD Net Total Return (SXXHUN Index). This changeover is taken into account in the time series on the key date.
| TOP 10 POSITIONS (28.02.23)  5) 6) |  |  |  |  | KEY FIGURES (31.03.23)  5) |  |
| --- | --- | --- | --- | --- | --- | --- |
| Name | Country | Sector | Assets |  | 5 Years | Fund | Benchmark |
| SIXT SE - PRFD | Germany | Industrials | 10.17 % |  | Volatility | 21.21 % | 17.23 % |
| ATOSS SOFTWARE AG | Germany | Information Technology | 9.39 % |  | Tracking Error | 10.02 % |  |
| MEDACTA GROUP SA | Switzerland | Health Care | 9.30 % |  | Sharpe-Ratio | 0.18 | 0.42 |
| AMADEUS FIRE AG | Germany | Industrials | 5.80 % |  | Information Ratio | -0.41 |  |
| VERALLIA | France | Materials | 4.82 % |  | Maximum Drawdown | -43.58 % | -32.68 % |
| INDUS HOLDING AG | Germany | Industrials | 4.10 % |  | Active Share | 95.72 % |  |
| INTERCOS SPA | Italy | Consumer Staples | 3.17 % |  | Value at risk | 12.47 % |  |
| ISS A/S | Denmark | Industrials | 3.13 % |  | ESG Risk Score | 21.55 | 20.33 |
| DUERR AG | Germany | Industrials | 3.09 % |  | ESG Risk Score Coverage | 90.86 % | 99.79 % |
| MENSCH UND MASCHINE SOFTWARE | Germany | Information Technology | 2.99 % |  |  |  |  |
| Assets in Top 10 Holdings in % |  |  | 55.96 % |  |  |  |  |

Translation (ENIT, 2023-03-31):
# PERFORMANCE CUMULATE E ANNUALIZZATE IN USD 4)
## PERFORMANCE CUMULATE (IN %)	PERFORMANCE ANNUALIZZATE (IN %)
|  | 1 anno | 3 anni | 5 anni | dal lancio |  | 3 anni | 5 anni | dal lancio |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| MainFirst - Top European Ideas Fund (A3) |  | +7,40 | +72,75 | +29,76 | +132,83 |  | +19,99 | +5,35 | +10,66 |
| STOXX Europe 600 Hedged USD Net Total Return (SXXHUN Index) |  | +7,02 | +59,26 | +52,72 | +89,86 |  | +16,78 | +8,83 | +7,99 |

Le performance passate non sono indicative di quelle presenti o future. I dati relativi alla performance non tengono conto delle commissioni e delle spese applicate all'emissione e al rimborso delle quote. A partire dal 14.04.2020 il benchmark STOXX EUROPE 600 (Net Return) EUR è stato sostituito dallo STOXX Europe 600 Hedged USD Net Total Return (indice SXXHUN). Questo cambiamento viene preso in considerazione nelle serie temporali della data chiave.
| PRIME 10 POSIZIONI (28.02.23)  4) 5) |  |  |  |  | DATI CHIAVE (31.03.23)  4) |  |
| --- | --- | --- | --- | --- | --- | --- |
| Nome | Paese | Settore | Patrimonio |  | 5 anni | Fondo Indice di | riferimento |
| SIXT SE - PRFD | Germania | Industria | 10,17 % |  | Volatilità | 21,21 % | 17,23 % |
| ATOSS SOFTWARE AG | Germania | Informatica | 9,39 % |  | Tracking Error | 10,02 % |  |
| MEDACTA GROUP SA | Svizzera | Sanità | 9,30 % |  | Indice di Sharpe | 0,18 | 0,42 |
| AMADEUS FIRE AG | Germania | Industria | 5,80 % |  | Information ratio | -0,41 |  |
| VERALLIA | Francia | Materiali | 4,82 % |  | Drawdown massimo | -43,58 % | -32,68 % |
| INDUS HOLDING AG | Germania | Industria | 4,10 % |  | Active share | 95,72 % |  |
| INTERCOS SPA | Italia | Consumi non ciclici | 3,17 % |  | Value at risk | 12,47 % |  |
| ISS A/S | Danimarca | Industria | 3,13 % |  | ESG Risk Score | 21,55 | 20,33 |
| DUERR AG | Germania | Industria | 3,09 % |  | ESG Risk Score Coverage | 90,86 % | 99,79 % |
| MENSCH UND MASCHINE SOFTWARE | Germania | Informatica | 2,99 % |  |  |  |  |


## % del patrimonio investito nelle prime 10 posizioni	55,96 %