# Comgest Growth Europe Opportunities
#### SCHEDULE OF INVESTMENTS
As at 31 December 2019 (expressed in EUR)
Quantity/	Acquisition	Fair Value	% Net
Security	Face value	Currency	cost EUR	EUR	Assets
| Healthcare education and social services Orpea | 279,718 | EUR | 26,256,699 | 31,971,767 | 3.52 |
| --- | --- | --- | --- | --- | --- |
|  |  |  | 26,256,699 | 31,971,767 | 3.52 |
| Holding and finance companies Edenred | 363,805 | EUR | 11,056,136 | 16,771,411 | 1.85 |
| SMCP SA | 922,341 | EUR | 19,104,763 | 8,716,122 | 0.96 |
|  |  |  | 30,160,899 | 25,487,533 | 2.81 |
| Internet software Capgemini SE | 163,187 | EUR | 18,515,309 | 17,771,064 | 1.96 |
|  |  |  | 18,515,309 | 17,771,064 | 1.96 |
| News transmission Teleperformance | 196,510 | EUR | 31,940,576 | 42,721,274 | 4.71 |
|  |  |  | 31,940,576 | 42,721,274 | 4.71 |
| Pharmaceuticals and cosmetics BioMerieux | 145,050 | EUR | 10,091,472 | 11,509,718 | 1.27 |
| Ipsen SA | 349,416 | EUR | 39,405,164 | 27,603,864 | 3.04 |
| Sartorius Stedim Biotech | 122,430 | EUR | 11,270,327 | 18,082,911 | 1.99 |
|  |  |  | 60,766,963 | 57,196,493 | 6.30 |
|  |  |  |  |  |  |
| Total France |  |  | 191,008,697 | 200,533,682 | 22.10 |
| Germany |  |  |  |  |  |
| Electronics and electrical equipment Dr Hoenle AG | 130,448 | EUR | 10,452,657 | 5,765,802 | 0.64 |
|  |  |  | 10,452,657 | 5,765,802 | 0.64 |
| Internet software GRENKE AG | 222,207 | EUR | 17,551,627 | 20,498,596 | 2.26 |
| New Work SE | 32,610 | EUR | 8,349,493 | 9,522,120 | 1.05 |
| United Internet AG | 736,469 | EUR | 32,063,341 | 21,563,812 | 2.37 |
| Wirecard AG | 236,467 | EUR | 28,506,449 | 25,420,203 | 2.80 |
|  |  |  | 86,470,910 | 77,004,731 | 8.48 |
| Mechanics and machinery STRATEC SE | 116,321 | EUR | 6,738,139 | 7,095,581 | 0.78 |
|  |  |  | 6,738,139 | 7,095,581 | 0.78 |

Translation (ENDE, 2019-12-31):
# Comgest Growth Europe Opportunities
WESENTLICHE BESTANDSVERÄNDERUNGEN im Geschäftsjahr zum 31. Dezember 2019
| Käufe |  |  |  |
| --- | --- | --- | --- |
|  |  |  | Prozentualer Anteil |
| Wertpapier | Stück | Betrag (EUR) | Käufe |
| Ipsen SA | 349.416 | 39.405.164 | 10,62 |
| Temenos AG | 247.414 | 32.200.584 | 8,68 |
| Wirecard AG | 193.706 | 25.277.240 | 6,81 |
| Teleperformance | 140.705 | 23.623.213 | 6,36 |
| Safran SA | 184.421 | 23.368.251 | 6,30 |
| Wizz Air Holdings PLC | 574.908 | 20.383.065 | 5,49 |
| Capgemini SE | 163.187 | 18.515.309 | 4,99 |
| Ambu A/S | 1.015.124 | 16.031.761 | 4,32 |
| Adyen NV | 22.227 | 14.583.785 | 3,93 |
| GN Store Nord A/S | 332.441 | 13.773.164 | 3,71 |
| Netcompany Group A/S | 381.372 | 11.729.838 | 3,16 |
| Orpea | 116.705 | 11.492.063 | 3,10 |
| B&M European Value Retail SA | 2.820.240 | 11.431.036 | 3,08 |
| ICON PLC | 81.008 | 10.747.776 | 2,90 |
| ASML Holding NV | 53.433 | 10.593.836 | 2,85 |
| Prosus NV | 147.505 | 9.312.610 | 2,51 |
| Amplifon SpA | 470.300 | 8.660.713 | 2,33 |
| Kingspan Group PLC | 201.578 | 8.108.134 | 2,18 |
| Sartorius Stedim Biotech | 63.183 | 8.022.872 | 2,16 |
| Solutions 30 SE | 674.019 | 6.416.057 | 1,73 |
| Umicore SA | 169.788 | 6.093.662 | 1,64 |
| Moncler SpA | 136.134 | 4.760.537 | 1,28 |
| Edenred | 89.430 | 3.798.201 | 1,02 |
| Eurofins Scientific SE | 9.071 | 3.709.512 | 1,00 |