# SUMUS FUND
## Notes to the financial statements - Schedule of derivative
instruments
OPTIONS
As at 30/09/21, the following option contract was outstanding :
SUMUS FUND – SUMUS - Strategic Fund
Quantity Denomination Sale of options
Listed options
Currency
Commitment (in absolute value)
Market value
(in EUR)
Unrealised (in EUR)
Options on equities
10.00 ROCHE	DEC 280.00 17.12.21 PUT	CHF	25,335.51	-1,859.22	7,725.44
Total Sale of options	-1,859.22	7,725.44
As at 30/09/21, the following forward exchange contracts were outstanding :
SUMUS FUND – SUMUS - Strategic Fund
| purchased | purchased | sale | sale | date | (in EUR) | Counterparty |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 194,244.63 | EUR | 164,380.20 | 15/10/21 | 3,187.71 | * CACEIS Bank, Luxembourg Branch |
| EUR | 47,796.71 | USD | 56,483.00 | 15/10/21 | -929.36 | * CACEIS Bank, Luxembourg Branch |
| USD | 395,017.58 | EUR | 334,285.01 | 15/10/21 | 6,482.55 | * CACEIS Bank, Luxembourg Branch |
| USD | 11,568,871.03 | EUR | 9,790,197.70 | 15/10/21 | 189,854.35 | * CACEIS Bank, Luxembourg Branch |
| EUR | 97,193.62 | USD | 114,857.00 | 15/10/21 | -1,889.81 | * CACEIS Bank, Luxembourg Branch |
| CHF | 15,049,095.73 | EUR | 13,838,872.49 | 15/10/21 | 82,293.29 | * CACEIS Bank, Luxembourg Branch |
| CHF | 2,393,283.98 | EUR | 2,200,820.06 | 15/10/21 | 13,087.25 | * CACEIS Bank, Luxembourg Branch |
| EUR | 29,939.78 | CHF | 32,559.60 | 15/10/21 | -179.46 | * CACEIS Bank, Luxembourg Branch |
| CHF | 1,975,621.44 | EUR | 1,816,745.25 | 15/10/21 | 10,803.33 | * CACEIS Bank, Luxembourg Branch |
| USD | 296,627.75 | EUR | 252,892.52 | 15/10/21 | 2,997.65 | * CACEIS Bank, Luxembourg Branch |
| EUR | 30,566.32 | CHF | 33,122.70 | 15/10/21 | -73.83 | * CACEIS Bank, Luxembourg Branch |
| EUR | 8,566,778.03 | USD | 10,000,000.00 | 10/12/21 | -50,448.58 | CACEIS Bank, Luxembourg Branch |
| EUR | 1,845,018.45 | CHF | 2,000,000.00 | 10/12/21 | -5,589.04 | CACEIS Bank, Luxembourg Branch |

Currency
Quantity Currency
Quantity
Maturity
Unrealised
249,596.05
The contracts that are marked with * relate specifically to foreign exchange risk hedging of shares.
SUMUS FUND – SUMUS - Crossover Bonds Fund
| purchased | purchased | sale | sale | date | (in USD) | Counterparty |
| --- | --- | --- | --- | --- | --- | --- |
| USD | 2,948,750.00 | EUR | 2,500,000.00 | 20/10/21 | 50,468.68 | CACEIS Bank, Luxembourg Branch |
| USD | 11,969.04 | EUR | 10,122.07 | 15/10/21 | 235.49 | * CACEIS Bank, Luxembourg Branch |
| CHF | 1,192,184.37 | USD | 1,295,534.33 | 15/10/21 | -17,134.18 | * CACEIS Bank, Luxembourg Branch |
| CHF | 2,319,807.38 | USD | 2,520,910.49 | 15/10/21 | -33,340.47 | * CACEIS Bank, Luxembourg Branch |
| CHF | 601,946.40 | USD | 654,128.88 | 15/10/21 | -8,651.23 | * CACEIS Bank, Luxembourg Branch |
| EUR | 17,863,201.62 | USD | 21,109,552.70 | 15/10/21 | -402,538.31 | * CACEIS Bank, Luxembourg Branch |
| EUR | 12,095,572.44 | USD | 14,293,749.20 | 15/10/21 | -272,567.68 | * CACEIS Bank, Luxembourg Branch |
| EUR | 1,494.53 | USD | 1,766.14 | 15/10/21 | -33.68 | * CACEIS Bank, Luxembourg Branch |
| EUR | 11,816,766.86 | USD | 13,964,275.17 | 15/10/21 | -266,284.93 | * CACEIS Bank, Luxembourg Branch |
| USD | 3,309.51 | EUR | 2,798.01 | 15/10/21 | 66.05 | * CACEIS Bank, Luxembourg Branch |
| EUR | 11,247.70 | USD | 13,301.44 | 15/10/21 | -263.11 | * CACEIS Bank, Luxembourg Branch |
| USD | 588,243.45 | EUR | 499,811.76 | 15/10/21 | 8,860.01 | * CACEIS Bank, Luxembourg Branch |
| USD | 18,057.99 | EUR | 15,343.30 | 15/10/21 | 271.98 | * CACEIS Bank, Luxembourg Branch |
| USD | 804.64 | CHF | 748.87 | 15/10/21 | 1.60 | * CACEIS Bank, Luxembourg Branch |
| USD | 25,586.50 | EUR | 21,789.80 | 15/10/21 | 327.70 | * CACEIS Bank, Luxembourg Branch |
| USD | 1,263.79 | EUR | 1,076.26 | 15/10/21 | 16.19 | * CACEIS Bank, Luxembourg Branch |
| CHF | 5,854.08 | USD | 6,311.37 | 15/10/21 | -33.94 | * CACEIS Bank, Luxembourg Branch |
| EUR | 11,599.68 | USD | 13,607.24 | 15/10/21 | -160.90 | * CACEIS Bank, Luxembourg Branch |
| USD | 501,225.61 | EUR | 427,324.17 | 15/10/21 | 5,870.39 | * CACEIS Bank, Luxembourg Branch |
| USD | 20,438.18 | EUR | 17,388.16 | 15/10/21 | 281.77 | * CACEIS Bank, Luxembourg Branch |
| EUR | 214,302.00 | USD | 251,900.86 | 15/10/21 | -3,482.09 | * CACEIS Bank, Luxembourg Branch |
| USD | 4,576.79 | EUR | 3,893.98 | 15/10/21 | 62.87 | * CACEIS Bank, Luxembourg Branch |
| EUR | 36,946.18 | USD | 43,291.41 | 15/10/21 | -463.42 | * CACEIS Bank, Luxembourg Branch |
| USD | 28,033.06 | EUR | 23,924.81 | 15/10/21 | 299.37 | * CACEIS Bank, Luxembourg Branch |
| USD | 19,038.31 | EUR | 16,292.25 | 15/10/21 | 152.31 | * CACEIS Bank, Luxembourg Branch |
| EUR | 5,430.79 | USD | 6,346.58 | 15/10/21 | -51.21 | * CACEIS Bank, Luxembourg Branch |
| EUR | 51,523.68 | USD | 59,865.88 | 15/10/21 | -139.66 | * CACEIS Bank, Luxembourg Branch |
| USD | 18,903.00 | EUR | 16,269.53 | 15/10/21 | 43.36 | * CACEIS Bank, Luxembourg Branch |
| USD | 451,895.68 | EUR | 388,951.64 | 15/10/21 | 1,022.93 | * CACEIS Bank, Luxembourg Branch |
| EUR | 5,324.95 | USD | 6,172.60 | 15/10/21 | 0.08 | * CACEIS Bank, Luxembourg Branch |

Currency
Quantity Currency
Quantity
Maturity
Unrealised
-937,164.03
The contracts that are marked with * relate specifically to foreign exchange risk hedging of shares.
SUMUS FUND – SUMUS - Hybrid Bonds Fund
| purchased | purchased | sale | sale | date | (in EUR) | Counterparty |
| --- | --- | --- | --- | --- | --- | --- |
| EUR | 2,851,894.41 | USD | 3,400,000.00 | 04/10/21 | -81,795.57 | CACEIS Bank, Luxembourg Branch |
| EUR | 649,508.81 | GBP | 560,000.00 | 04/10/21 | -1,994.88 | CACEIS Bank, Luxembourg Branch |
| EUR | 19,091.72 | CHF | 20,702.00 | 15/10/21 | -58.66 | * CACEIS Bank, Luxembourg Branch |
| USD | 3,370,155.22 | EUR | 2,852,005.68 | 15/10/21 | 55,306.92 | * CACEIS Bank, Luxembourg Branch |
| CHF | 2,949,913.33 | EUR | 2,712,686.21 | 15/10/21 | 16,131.07 | * CACEIS Bank, Luxembourg Branch |
| EUR | 124,418.23 | CHF | 135,000.00 | 30/11/21 | -492.58 | CACEIS Bank, Luxembourg Branch |
| EUR | 649,727.35 | GBP | 560,000.00 | 30/11/21 | -1,097.36 | CACEIS Bank, Luxembourg Branch |
| EUR | 3,709,934.86 | USD | 4,300,000.00 | 30/11/21 | 3,665.08 | CACEIS Bank, Luxembourg Branch |

Currency
Quantity Currency
Quantity
Maturity
Unrealised
-10,335.98
The contracts that are marked with * relate specifically to foreign exchange risk hedging of shares.
SUMUS FUND – SUMUS - Thematic Fund (launched on 25 January 2021)
Currency
Quantity Currency
Quantity
Maturity
Unrealised
purchased
purchased
sale
sale
date
(in USD)	Counterparty
CHF			30,268.05   USD			32,891.97  15/10/21		-435.01 * CACEIS Bank, Luxembourg Branch CHF	2,205,520.74   USD	2,396,716.39  15/10/21	-31,697.93 * CACEIS Bank, Luxembourg Branch EUR	 3,539,369.72   USD	 4,182,593.54  15/10/21	 -79,757.93 * CACEIS Bank, Luxembourg Branch EUR		556,866.41   USD		658,067.97  15/10/21	 -12,548.71 * CACEIS Bank, Luxembourg Branch EUR			30,314.80    USD			35,824.03  15/10/21		-683.13 * CACEIS Bank, Luxembourg Branch
USD		715.69   CHF		661.98  15/10/21			5.83 * CACEIS Bank, Luxembourg Branch USD	51,777.22   CHF	47,891.86  15/10/21		421.83 * CACEIS Bank, Luxembourg Branch USD	90,259.69    EUR	76,701.22  15/10/21	1,347.38 * CACEIS Bank, Luxembourg Branch
USD	14,509.36   EUR	12,329.82  15/10/21		216.60 * CACEIS Bank, Luxembourg Branch USD		778.63   EUR		661.67  15/10/21			11.63 * CACEIS Bank, Luxembourg Branch USD		630.20   CHF		581.37  15/10/21				6.79 * CACEIS Bank, Luxembourg Branch USD	12,603.78   EUR	10,747.06  15/10/21		145.76 * CACEIS Bank, Luxembourg Branch USD		682.10   EUR		581.62  15/10/21				7.88 * CACEIS Bank, Luxembourg Branch USD	47,087.80   CHF	43,440.06  15/10/21		506.12 * CACEIS Bank, Luxembourg Branch USD	82,149.40    EUR	69,995.70  15/10/21	1,010.20 * CACEIS Bank, Luxembourg Branch
-121,442.69
The contracts that are marked with * relate specifically to foreign exchange risk hedging of shares.
FUTURES
As at 30/09/21, the following financial futures contracts were outstanding :
SUMUS FUND – SUMUS - Strategic Fund
| Commitment Quantity	(in EUR) (purchase/(sale)) Denomination	Currency	(in absolute value) | Unrealised (in EUR)	Broker |
| --- | --- |
| Futures on index |  |
| 10 DJ EURO STOXX 50 12/21 | EUR | 404,808.00 | -12,750.00 | CACEIS Bank, Paris |
| 29 S&P 500 EMINI INDEX 12/21 | USD | 5,389,303.25 | -174,295.70 | CACEIS Bank, Paris |
|  |  |  | -187,045.70 |  |

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 |