| Currency | Number / nominal value | Description | Cost |  | Market value |  | % of total net assets * |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Investments in securities |
| Transferable securities admitted to an official stock exchange listing |
| Investment certificates |
| EUR | 8,021 | Wisdom Tree Metal Sec Ltd Certif Phys Gold Perpetual | 	953,626.52  |  | 	1,151,494.76  |  | 	1.05  |
| Total investment certificates | 953,626.52 |  | 1,151,494.76 |  | 1.05 |
| Bonds linked to an equity or an equity index |
| EUR | 900,000 | Morgan Stanley BV 0% EMTN Euro Stoxx 50 P Idx 21/19.09.22 | 	900,000.00  |  | 	896,760.00  |  | 	0.82  |
| Total bonds linked to an equity or an equity index | 900,000.00 |  | 896,760.00 |  | 0.82 |
| Open-ended investment funds |
| Investment funds (UCITS) |
| EUR | 25,427.74 | ABN AMRO Fds Pzena US Equities C Cap | 4,063,097.13 |  | 5,295,453.99 |  | 4.83 |
| EUR | 2,525 | Assenagon Alpha Volatility Units I Dist | 2,984,441.12 |  | 2,646,982.75 |  | 2.42 |
| EUR | 18,850 | Bakersteel Global Fd Precious Metals I EUR Cap | 1,989,353.04 |  | 2,974,718.50 |  | 2.71 |
| EUR | 1,370 | Eleva Ucits Fd Euroland Selection I2 EUR Cap | 1,399,893.40 |  | 1,982,992.80 |  | 1.81 |
| EUR | 1,140 | Eleva Ucits Fd European Selection I2 Cap | 1,444,152.00 |  | 1,951,144.20 |  | 1.78 |
| EUR | 166,619 | Franklin Templeton Alt Fds K2 Cat Bonds EB Dist | 1,682,851.90 |  | 1,691,182.85 |  | 1.54 |
| EUR | 165,335.78 | JPMorgan Fds Europe Strategic Value C (acc) EUR Cap | 2,964,470.54 |  | 3,787,842.72 |  | 3.46 |
| EUR | 1,420.82 | Kempen Intl Fds (Lux) Global Small Cap I Cap | 2,937,577.68 |  | 3,599,817.97 |  | 3.28 |
| EUR | 24,600.876 | Lazard Gl Inv Fds Plc European Alternative EA EUR Cap | 2,468,148.36 |  | 2,831,122.93 |  | 2.58 |
| EUR | 24,441 | Legg Mason Funds Martin Currie European Unconstrained S Cap | 3,559,831.65 |  | 3,766,846.92 |  | 3.44 |
| EUR | 26,811.4 | MainFirst Top European Ideas Fd R Cap | 3,735,267.12 |  | 5,153,955.42 |  | 4.70 |
| EUR | 15,851.3105 | Marshall Wace UCITS Fds Plc TOPS A EUR Cap | 2,102,081.58 |  | 3,705,307.23 |  | 3.38 |
| EUR | 13,509.28 | Memnon Fd European I2 EUR Cap | 3,111,052.09 |  | 3,660,204.32 |  | 3.34 |
| EUR | 14,845 | MontLake UCITS Platform ICAV Crabel Gemini Fd A Foun Poo Cap | 1,593,693.88 |  | 1,620,269.40 |  | 1.48 |
| EUR | 26,238.026 | MW GaveKal Fd China Fixed Income EUR A Dist | 3,935,364.69 |  | 4,651,477.25 |  | 4.24 |
| EUR | 5,154 | Quaero Capital Fds (Lux) Argonaut Cap | 1,697,727.60 |  | 1,717,828.20 |  | 1.57 |
| EUR | 23,506.44 | Schroder GAIA Egerton Europen Equity C Cap | 2,642,159.27 |  | 5,590,066.50 |  | 5.10 |
| EUR | 8,017.82 | Schroder Intl Select Fd European Special Sit C Cap | 1,690,548.21 |  | 2,347,842.19 |  | 2.14 |
| EUR | 16,664.536 | Vontobel Fd US Equity HI (Hedged) Cap | 	5,351,871.44  |  | 	6,662,648.14  |  | 	6.08  |
|  |  |  | 51,353,582.70 |  | 65,637,704.28 |  | 59.88 |
| JPY | 224,617.216 | Coupland Cardiff Fds Plc Japan Alpha I Cap | 2,981,319.92 |  | 5,163,173.06 |  | 4.71 |
| JPY | 50,448.588 | Janus Henderson Horizon Fd Japanese Smaller Co I2 Cap | 	2,398,279.76  |  | 	3,127,392.32  |  | 	2.85  |
|  |  |  | 5,379,599.68 |  | 8,290,565.38 |  | 7.56 |
| USD | 53,412.962 | Aberdeen Standard North American Sm Co Fd I Cap | 1,172,087.07 |  | 1,791,760.41 |  | 1.63 |
| USD | 40,446.234 | Alger SICAV Small Cap Focus Fd I-5US Cap | 1,031,331.37 |  | 1,233,521.15 |  | 1.13 |
| USD | 130.22 | Amundi Fds Pioneer US Equity Fundamental Gh I2 USD Cap | 536,053.10 |  | 1,175,751.45 |  | 1.07 |
| USD | 167,895.122 | Guardcap UCITS Fds Plc Global Equity I USD Cap | 2,742,698.12 |  | 3,724,371.82 |  | 3.40 |
| USD | 6,655 | Heptagon Fd Plc Driehaus US Micro Cap Equity C Cap | 796,956.29 |  | 2,178,472.43 |  | 1.99 |
| USD | 108,030 | Jupiter Asset Management Ser Plc Gold and Silver Fd I Cap | 1,189,294.20 |  | 1,464,514.36 |  | 1.34 |
| USD | 1,660,383.73 | Lindsell Train Global Fds PLC Equity C USD Cap | 2,882,200.86 |  | 3,487,078.00 |  | 3.18 |
| USD | 162,190 | Matthews Asia Fds Ex Japan Div Fd S Cap | 2,088,338.21 |  | 2,296,210.77 |  | 2.09 |
| USD | 300,670 | Principal Global Inv Fds Finister Unc EM Fixed Income I2 Cap | 2,788,561.29 |  | 3,274,996.94 |  | 2.99 |
| USD | 15,472.98 | Schroder Intl Selection Fd Asian Total Return C Cap | 2,112,870.15 |  | 5,515,802.99 |  | 5.03 |
| USD | 18,986.111 | Vontobel Fd mtx Sustainable Em Mks Leaders I Cap | 	3,126,830.72  |  | 	3,142,020.37  |  | 	2.87  |
|  |  |  | 20,467,221.38 |  | 29,284,500.69 |  | 26.72 |
| Total investment funds (UCITS) | 77,200,403.76 |  | 103,212,770.35 |  | 94.16 |

Translation (ENDE, 2021-09-30):
| Währung | Stückzahl / Nennwert | Bezeichnung | Einstandswert |  | Marktwert |  | % des Netto- vermö- gens * |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Wertpapierbestand |
| Amtlich notierte Wertpapiere |
| Investmentzertifikate |
| EUR | 8.021 | Wisdom Tree Metal Sec Ltd Certif Phys Gold Perpetual | 	953.626,52  |  | 	1.151.494,76  |  | 	1,05  |
| Summe Investmentzertifikate | 953.626,52 |  | 1.151.494,76 |  | 1,05 |
| An eine Aktie oder einen Aktienindex gebundene Anleihen |
| EUR | 900.000 | Morgan Stanley BV 0% EMTN Euro Stoxx 50 P Idx 21/19.09.22 | 	900.000,00  |  | 	896.760,00  |  | 	0,82  |
| Summe an eine Aktie oder einen Aktienindex gebundene Anleihen | 900.000,00 |  | 896.760,00 |  | 0,82 |
| Offene Investmentfonds |
| Investmentfonds (OGAW) |
| EUR | 25.427,74 | ABN AMRO Fds Pzena US Equities C Cap | 4.063.097,13 |  | 5.295.453,99 |  | 4,83 |
| EUR | 2.525 | Assenagon Alpha Volatility Units I Dist | 2.984.441,12 |  | 2.646.982,75 |  | 2,42 |
| EUR | 18.850 | Bakersteel Global Fd Precious Metals I EUR Cap | 1.989.353,04 |  | 2.974.718,50 |  | 2,71 |
| EUR | 1.370 | Eleva Ucits Fd Euroland Selection I2 EUR Cap | 1.399.893,40 |  | 1.982.992,80 |  | 1,81 |
| EUR | 1.140 | Eleva Ucits Fd European Selection I2 Cap | 1.444.152,00 |  | 1.951.144,20 |  | 1,78 |
| EUR | 166.619 | Franklin Templeton Alt Fds K2 Cat Bonds EB Dist | 1.682.851,90 |  | 1.691.182,85 |  | 1,54 |
| EUR | 165.335,78 | JPMorgan Fds Europe Strategic Value C (acc) EUR Cap | 2.964.470,54 |  | 3.787.842,72 |  | 3,46 |
| EUR | 1.420,82 | Kempen Intl Fds (Lux) Global Small Cap I Cap | 2.937.577,68 |  | 3.599.817,97 |  | 3,28 |
| EUR | 24.600,876 | Lazard Gl Inv Fds Plc European Alternative EA EUR Cap | 2.468.148,36 |  | 2.831.122,93 |  | 2,58 |
| EUR | 24.441 | Legg Mason Funds Martin Currie European Unconstrained S Cap | 3.559.831,65 |  | 3.766.846,92 |  | 3,44 |
| EUR | 26.811,4 | MainFirst Top European Ideas Fd R Cap | 3.735.267,12 |  | 5.153.955,42 |  | 4,70 |
| EUR | 15.851,3105 | Marshall Wace UCITS Fds Plc TOPS A EUR Cap | 2.102.081,58 |  | 3.705.307,23 |  | 3,38 |
| EUR | 13.509,28 | Memnon Fd European I2 EUR Cap | 3.111.052,09 |  | 3.660.204,32 |  | 3,34 |
| EUR | 14.845 | MontLake UCITS Platform ICAV Crabel Gemini Fd A Foun Poo Cap | 1.593.693,88 |  | 1.620.269,40 |  | 1,48 |
| EUR | 26.238,026 | MW GaveKal Fd China Fixed Income EUR A Dist | 3.935.364,69 |  | 4.651.477,25 |  | 4,24 |
| EUR | 5.154 | Quaero Capital Fds (Lux) Argonaut Cap | 1.697.727,60 |  | 1.717.828,20 |  | 1,57 |
| EUR | 23.506,44 | Schroder GAIA Egerton Europen Equity C Cap | 2.642.159,27 |  | 5.590.066,50 |  | 5,10 |
| EUR | 8.017,82 | Schroder Intl Select Fd European Special Sit C Cap | 1.690.548,21 |  | 2.347.842,19 |  | 2,14 |
| EUR | 16.664,536 | Vontobel Fd US Equity HI (Hedged) Cap | 	5.351.871,44  |  | 	6.662.648,14  |  | 	6,08  |
|  |  |  | 51.353.582,70 |  | 65.637.704,28 |  | 59,88 |
| JPY | 224.617,216 | Coupland Cardiff Fds Plc Japan Alpha I Cap | 2.981.319,92 |  | 5.163.173,06 |  | 4,71 |
| JPY | 50.448,588 | Janus Henderson Horizon Fd Japanese Smaller Co I2 Cap | 	2.398.279,76  |  | 	3.127.392,32  |  | 	2,85  |
|  |  |  | 5.379.599,68 |  | 8.290.565,38 |  | 7,56 |
| USD | 53.412,962 | Aberdeen Standard North American Sm Co Fd I Cap | 1.172.087,07 |  | 1.791.760,41 |  | 1,63 |
| USD | 40.446,234 | Alger SICAV Small Cap Focus Fd I-5US Cap | 1.031.331,37 |  | 1.233.521,15 |  | 1,13 |
| USD | 130,22 | Amundi Fds Pioneer US Equity Fundamental Gh I2 USD Cap | 536.053,10 |  | 1.175.751,45 |  | 1,07 |
| USD | 167.895,122 | Guardcap UCITS Fds Plc Global Equity I USD Cap | 2.742.698,12 |  | 3.724.371,82 |  | 3,40 |
| USD | 6.655 | Heptagon Fd Plc Driehaus US Micro Cap Equity C Cap | 796.956,29 |  | 2.178.472,43 |  | 1,99 |
| USD | 108.030 | Jupiter Asset Management Ser Plc Gold and Silver Fd I Cap | 1.189.294,20 |  | 1.464.514,36 |  | 1,34 |
| USD | 1.660.383,73 | Lindsell Train Global Fds PLC Equity C USD Cap | 2.882.200,86 |  | 3.487.078,00 |  | 3,18 |
| USD | 162.190 | Matthews Asia Fds Ex Japan Div Fd S Cap | 2.088.338,21 |  | 2.296.210,77 |  | 2,09 |
| USD | 300.670 | Principal Global Inv Fds Finister Unc EM Fixed Income I2 Cap | 2.788.561,29 |  | 3.274.996,94 |  | 2,99 |
| USD | 15.472,98 | Schroder Intl Selection Fd Asian Total Return C Cap | 2.112.870,15 |  | 5.515.802,99 |  | 5,03 |
| USD | 18.986,111 | Vontobel Fd mtx Sustainable Em Mks Leaders I Cap | 	3.126.830,72  |  | 	3.142.020,37  |  | 	2,87  |
|  |  |  | 20.467.221,38 |  | 29.284.500,69 |  | 26,72 |
| Summe Investmentfonds (OGAW) | 77.200.403,76 |  | 103.212.770,35 |  | 94,16 |