# 25
Continued – Statement of investments as at 30 June 2021
| ISIN	Securities | Purchases during the reporting period | Sales during the reporting period | Holding | Price | Market value EUR | % of net sub-fund assets  1 |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| CERTIFICATES |  |  |  |  |  |  |
| Listed securities |  |  |  |  |  |  |
| Germany |  |  |  |  |  |  |
| DE000A1E0HS6 Db Etc Plc./Silver Ounce Cert. v.10(2060)  2 | EUR	12,200 | 0 | 12,200 | 207.1200 | 2,526,864.00 | 1.32 |
|  |  |  |  |  | 2,526,864.00 | 1.32 |
| Ireland |  |  |  |  |  |  |
| IE00B579F325	Invesco Physical Markets Plc./ Gold Ounce Cert. v.09(2100)  3 | EUR	29,500 | 6,600 | 45,900 | 142.9800 | 6,562,782.00 | 3.42 |
|  |  |  |  |  | 6,562,782.00 | 3.42 |
| Listed securities |  |  |  |  | 9,089,646.00 | 4.74 |
| Certificates |  |  |  |  | 9,089,646.00 | 4.74 |
| Securities |  |  |  |  | 185,539,332.24 | 96.67 | 26 |
| Cash at banks – current account  4 |  |  |  |  | 3,245,678.40 | 1.69 |  |
| Balance from other receivables and payables |  |  |  |  | 3,112,202.84 | 1.64 |  |
| Sub-fund’s net assets in EUR |  |  |  |  | 191,897,213.48 | 100.00 |  |

- | Net sub-fund assets. Totals may differ from the actual value due to rounding differences in the individual positions.
- | Head office in Germany, registered in the United States of America.
- | Head office in Ireland, registered in the United States of America.
- | See Notes to the Financial Statements.


## PURCHASES AND SALES FROM 1 JANUARY 2021 TO 30 JUNE 2021
Purchases and sales of securities, promissory note loans and derivatives carried out during the reporting period, including changes without inflows/outflows, if they are not included in the statement of investments.
| ISIN | Securities | Purchases during | Sales during |
| --- | --- | --- | --- |
|  |  | the reporting period | the reporting period |


## EQUITIES, RIGHTS AND PROFIT-PARTICIPATION CERTIFICATES
Listed securities
| Cayman Islands |  |
| --- | --- |
| KYG040111059 | Anta Sports Products Ltd. | HKD | 73,000 | 143,000 |  |  |
| KYG596691041 Denmark | Meituan | HKD | 0 | 44,400 |  |  |
| DK0010244508 | A.P.Moeller-Maersk A/S | DKK | 0 | 1,390 |  |  |
| DK0010268606 Germany | Vestas Wind Systems AS | DKK | 0 | 25,500 |  |  |
| DE000A3CNK42 | ABOUT YOU Holding AG | EUR | 35,970 | 35,970 |  |  |
| DE000A2LQ884 | AUTO1 Group SE | EUR | 38,390 | 38,390 |  | 27 |
| DE000A0HN5C6 | Deutsche Wohnen SE | EUR | 59,000 | 59,000 |  |  |
| DE000ENAG999 | E.ON SE | EUR | 115,000 | 198,200 |  |  |
| DE000EVNK013 | Evonik Industries AG | EUR | 31,500 | 66,900 |  |  |
| DE0005785802 | Fresenius Medical Care AG & Co. KGaA | EUR | 0 | 20,400 |  |  |
| DE0007037129 Hong Kong | RWE AG | EUR | 53,500 | 53,500 |  |  |
| HK0941009539 Japan | China Mobile Ltd. | HKD | 126,000 | 126,000 |  |  |
| JP3358000002 Luxembourg | Shimano Inc. | JPY | 7,300 | 7,300 |  |  |
| LU2290522684 | InPost S.A. | EUR | 1,070 | 1,070 |  |  |
| LU2333210958 Switzerland | SUSE S.A. | EUR | 18,600 | 18,600 |  |  |
| CH0025238863 South Africa | Kühne & Nagel International AG | CHF | 3,900 | 3,900 |  |  |
| ZAE000296554 | Thungela Resources Ltd. | GBP | 3,800 | 3,800 |  |  |
| United States of America |
| US0028241000 | Abbott Laboratories | USD | 0 | 21,200 |  |
| US1941621039 | Colgate-Palmolive Co. | USD | 7,000 | 29,500 |  |
| US3703341046 | General Mills Inc. | USD | 18,970 | 35,170 |  |
| US4435731009 | HubSpot Inc. | USD | 0 | 6,100 |  |
| US58933Y1055 | Merck & Co. Inc. | USD | 0 | 14,400 |  |
| US6516391066 | Newmont Corporation | USD | 3,400 | 40,500 |  |
| US72352L1061 | Pinterest Inc. | USD | 0 | 28,400 |  |
| US2546871060 United Kingdom | The Walt Disney Co. | USD | 8,500 | 13,600 |  |
| GB00BL6NGV24 | Dr. Martens PLC | GBP | 1,600 | 1,600 |  |
| GB00B24CGK77 | Reckitt Benckiser Group Plc. | GBP | 11,800 | 28,100 |  |
| GB00BH4HKS39 | Vodafone Group Plc. | GBP | 310,600 | 1,726,600 |  |

Continued – Purchases and sales from 1 January 2021 to 30 June 2021
| ISIN | Securities | Purchases during the reporting period | Sales during the reporting period |  |
| --- | --- | --- | --- | --- |
| BONDS Securities admitted to or included in organised markets |  |  |  |
| EUR |  |  |  |
| XS2010029663	3.250%  ADLER Group S.A. Reg.S. v.20(2025) | 0 | 1,000,000 |  |
| XS1148074518	1.875% Albemarle Corporation Reg.S. v.14(2021) | 0 | 800,000 |  |
| FORWARD CONTRACTS |  |  |  |
| EUR |  |  |  |
| DAX Index Future June 2021 | 73 | 73 |  |
| DAX Index Future March 2021 | 29 | 29 |  |
| USD |  |  |  |
| Nasdaq 100 Index Future June 2021 | 17 | 17 |  |
| S&P 500 Index Future June 2021 | 64 | 64 | 28 |


## EXCHANGE RATES
Assets denominated in foreign currencies were converted into euro using the following exchange rates as at 30 June 2021.
|  | Currency |  |
| --- | --- | --- |
| Australian dollar | AUD | 1 | 1.5831 |
| British pound | GBP | 1 | 0.8601 |
| Danish krone | DKK | 1 | 7.4353 |
| Hong Kong dollar | HKD | 1 | 9.2290 |
| Indian rupee | INR | 1 | 88.4600 |
| Japanese yen | JPY | 1 | 131.4000 |
| Canadian dollar | CAD | 1 | 1.4746 |
| Norwegian krone | NOK | 1 | 10.1814 |
| Polish zloty | PLN | 1 | 4.5173 |
| Swedish krona | SEK | 1 | 10.1170 |
| Swiss franc | CHF | 1 | 1.0966 |
| Singapore dollar | SGD | 1 | 1.5983 |
| South African rand | ZAR | 1 | 16.9963 |
| South Korean won | KRW | 1 | 1,341.2200 |
| Taiwan dollar | TWD | 1 | 33.1358 |
| Hungarian forint | HUF | 1 | 351.3800 |
| US dollar | USD | 1 | 1.1888 |


## UNIT CLASSES
|  | Unit class PA (EUR) | Unit class I (EUR) | Unit class XP (EUR) |
| --- | --- | --- | --- |
| Securities ID number: | 164323 | 164324 | A0Q8D1 |
| ISIN: | LU0159550077 | LU0159550820 | LU0383654950 |
| Initial charge: | up to 5.00% | None | None |
| Redemption fee: | None | None | None |
| Management fee: | 1.67% p.a. | 1.42% p.a. | 0.65% p.a. |
| Minimum subsequent investment: | None | EUR 75,000.00 | EUR 3,000,000.00 |
| Use of income: | distribution | accumulation | distribution |
| Currency: | EUR | EUR | EUR |
| GEOGRAPHICAL AND SECTOR BREAKDOWN  1 |
| Geographical breakdown |  |  | Sector breakdown |  |
| Canada | 28.56% |  | Materials | 90.53% |
| United Kingdom | 16.54% |  | Energy | 7.17% |
| Germany | 10.47% |  | Hardware & equipment | 0.52% |
| United States of America | 10.30% |  | Securities | 98.22% |
| South Africa | 6.39% |  | Forward contracts | -0.28% |
| Switzerland | 4.89% |  | Cash at banks  2 | 4.66% |
| Australia | 4.32% |  | Balance from other receivables and payables | -2.60% |
| Sweden | 3.78% |  |  | 100.00% |
| Russia | 3.55% |  |
| Norway | 2.71% |
| France | 2.25% |
| South Korea | 2.25% |
| Mexico | 0.84% |
| Belgium | 0.55% |
| Hong Kong | 0.52% |
| Finland | 0.30% |
| Securities | 98.22% |
| Forward contracts | -0.28% |
| Cash at banks  2 | 4.66% |
| Balance from other receivables and payables | -2.60% |
|  | 100.00% |

The company is entitled to create unit classes with different rights in terms of the units. The following unit classes with the following features are currently available:

Translation (ENDE, 2021-06-30):
# 26
- | NTFV = Netto-Teilfondsvermögen. Aufgrund von Rundungsdifferenzen in den Einzelpositionen können die Summen vom tatsächlichen Wert abweichen.
- | Hauptverwaltung in Deutschland, registriert in den Vereinigten Staaten von Amerika.
- | Hauptverwaltung in Irland, registriert in den Vereinigten Staaten von Amerika.
- | Siehe Erläuterungen zum Bericht.


## ZU- UND ABGÄNGE VOM 1. JANUAR 2021 BIS 30. JUNI 2021
Während des Berichtszeitraumes getätigte Käufe und Verkäufe in Wertpapieren, Schuldscheindarlehen und Derivaten, einschließlich Änderungen ohne Geldbewegungen, soweit sie nicht in der Vermögensaufstellung genannt sind.
| ISIN | Wertpapiere | Zugänge | Abgänge |
| --- | --- | --- | --- |
|  |  | im Berichtszeitraum | im Berichtszeitraum |


## AKTIEN, ANRECHTE UND GENUSSSCHEINE
Börsengehandelte Wertpapiere
| Cayman Inseln |  |
| --- | --- |
| KYG040111059 | Anta Sports Products Ltd. | HKD | 73.000 | 143.000 |  |  |
| KYG596691041 Dänemark | Meituan | HKD | 0 | 44.400 |  |  |
| DK0010244508 | A.P.Moeller-Maersk A/S | DKK | 0 | 1.390 |  |  |
| DK0010268606 Deutschland | Vestas Wind Systems AS | DKK | 0 | 25.500 |  |  |
| DE000A3CNK42 | ABOUT YOU Holding AG | EUR | 35.970 | 35.970 |  |  |
| DE000A2LQ884 | AUTO1 Group SE | EUR | 38.390 | 38.390 |  | 27 |
| DE000A0HN5C6 | Deutsche Wohnen SE | EUR | 59.000 | 59.000 |  |  |
| DE000ENAG999 | E.ON SE | EUR | 115.000 | 198.200 |  |  |
| DE000EVNK013 | Evonik Industries AG | EUR | 31.500 | 66.900 |  |  |
| DE0005785802 | Fresenius Medical Care AG & Co. KGaA | EUR | 0 | 20.400 |  |  |
| DE0007037129 Hongkong | RWE AG | EUR | 53.500 | 53.500 |  |  |
| HK0941009539 Japan | China Mobile Ltd. | HKD | 126.000 | 126.000 |  |  |
| JP3358000002 Luxemburg | Shimano Inc. | JPY | 7.300 | 7.300 |  |  |
| LU2290522684 | InPost S.A. | EUR | 1.070 | 1.070 |  |  |
| LU2333210958 Schweiz | SUSE S.A. | EUR | 18.600 | 18.600 |  |  |
| CH0025238863 Südafrika | Kühne & Nagel International AG | CHF | 3.900 | 3.900 |  |  |
| ZAE000296554 | Thungela Resources Ltd. | GBP | 3.800 | 3.800 |  |  |
| Vereinigte Staaten von Amerika |
| US0028241000 | Abbott Laboratories | USD | 0 | 21.200 |  |
| US1941621039 | Colgate-Palmolive Co. | USD | 7.000 | 29.500 |  |
| US3703341046 | General Mills Inc. | USD | 18.970 | 35.170 |  |
| US4435731009 | HubSpot Inc. | USD | 0 | 6.100 |  |
| US58933Y1055 | Merck & Co. Inc. | USD | 0 | 14.400 |  |
| US6516391066 | Newmont Corporation | USD | 3.400 | 40.500 |  |
| US72352L1061 | Pinterest Inc. | USD | 0 | 28.400 |  |
| US2546871060 | The Walt Disney Co. | USD | 8.500 | 13.600 |  |
| Vereinigtes Königreich |
| GB00BL6NGV24 | Dr. Martens PLC | GBP | 1.600 | 1.600 |  |
| GB00B24CGK77 | Reckitt Benckiser Group Plc. | GBP | 11.800 | 28.100 |  |
| GB00BH4HKS39 | Vodafone Group Plc. | GBP | 310.600 | 1.726.600 |  |

Fortsetzung – Zu- und Abgänge vom 1. Januar 2021 bis 30. Juni 2021
ISIN	Wertpapiere	Zugänge
im Berichtszeitraum
Abgänge im Berichtszeitraum
| ANLEIHEN |  |  |  |
| --- | --- | --- | --- |
| An organisierten Märkten zugelassene oder in diese einbezogene Wertpapiere |  |  |
| EUR |  |  |
| XS2010029663	3,250 % ADLER Group S.A. Reg.S. v.20(2025) | 0 | 1.000.000 |
| XS1148074518	1,875 % Albemarle Corporation Reg.S. v.14(2021) | 0 | 800.000 |  |
| TERMINKONTRAKTE |  |  |  |
| EUR |  |  |  |
| DAX Index Future Juni 2021 | 73 | 73 |  |
| DAX Index Future März 2021 USD | 29 | 29 |  |
| Nasdaq 100 Index Future Juni 2021 | 17 | 17 |  |
| S&P 500 Index Future Juni 2021 | 64 | 64 | 28 |


## DEVISENKURSE
Für die Bewertung von Vermögenswerten in fremder Währung wurde zum nachstehenden Devisenkurs zum 30. Juni 2021 in Euro umgerechnet.
|  | Währung |  |
| --- | --- | --- |
| Australischer Dollar | AUD | 1 | 1,5831 |
| Britisches Pfund | GBP | 1 | 0,8601 |
| Dänische Krone | DKK | 1 | 7,4353 |
| Hongkong Dollar | HKD | 1 | 9,2290 |
| Indische Rupie | INR | 1 | 88,4600 |
| Japanischer Yen | JPY | 1 | 131,4000 |
| Kanadischer Dollar | CAD | 1 | 1,4746 |
| Norwegische Krone | NOK | 1 | 10,1814 |
| Polnischer Zloty | PLN | 1 | 4,5173 |
| Schwedische Krone | SEK | 1 | 10,1170 |
| Schweizer Franken | CHF | 1 | 1,0966 |
| Singapur Dollar | SGD | 1 | 1,5983 |
| Südafrikanischer Rand | ZAR | 1 | 16,9963 |
| Südkoreanischer Won | KRW | 1 | 1.341,2200 |
| Taiwan Dollar | TWD | 1 | 33,1358 |
| Ungarischer Forint | HUF | 1 | 351,3800 |
| US-Dollar | USD | 1 | 1,1888 |


## ANTEILKLASSEN
|  | Anteilklasse PA (EUR) | Anteilklasse I (EUR) | Anteilklasse XP (EUR) |
| --- | --- | --- | --- |
| WP-Kenn-Nr.: | 164323 | 164324 | A0Q8D1 |
| ISIN-Code: | LU0159550077 | LU0159550820 | LU0383654950 |
| Ausgabeaufschlag: | bis zu 5,00 % | keiner | keiner |
| Rücknahmeabschlag: | keiner | keiner | keiner |
| Verwaltungsvergütung: | 1,67 % p. a. | 1,42 % p. a. | 0,65 % p. a. |
| Mindestfolgeanlage: | keine | 75.000,00 EUR | 3.000.000,00 Euro |
| Ertragsverwendung: | ausschüttend | thesaurierend | ausschüttend |
| Währung: | EUR | EUR | EUR |
| GEOGRAFISCHE UND WIRTSCHAFTLICHE AUFTEILUNG  1 |
| Geografische Länderaufteilung |  |  | Wirtschaftliche Aufteilung |  |
| Kanada | 28,56 % |  | Roh-, Hilfs- & Betriebsstoffe | 90,53 % |
| Vereinigtes Königreich | 16,54 % |  | Energie | 7,17 % |
| Deutschland | 10,47 % |  | Hardware & Ausrüstung | 0,52 % |
| Vereinigte Staaten von Amerika | 10,30 % |  | Wertpapiervermögen | 98,22 % |
| Südafrika | 6,39 % |  | Terminkontrakte | -0,28 % |
| Schweiz | 4,89 % |  | Bankguthaben  2 | 4,66 % |
| Australien | 4,32 % |  | Saldo aus sonstigen Forderungen und | -2,60 % |

Die Gesellschaft ist berechtigt, Anteilklassen mit unterschiedlichen Rechten hinsichtlich der Anteile zu bilden. Derzeit bestehen die folgenden Anteilklassen mit den Ausgestaltungsmerkmalen: