# Statement of assets as at 31 December 2021
| ISIN | Securities |  | Additions during the reporting period | Disposals during the reporting period | Portfolio | Rate | Market value EUR | % share of NSFA 1) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Ireland |  |  |  |  |  |  |  |  |
| IE0003290289 | FBD Holdings Plc. | EUR | 0 | 0 | 80,000 | 7.3200 | 585,600.00 | 0.05 |
| IE00BYTBXV33 | Ryanair Holdings Plc. | EUR | 908,055 | 0 | 908,055 | 15.5000 | 14,074,852.50 | 1.14 |
|  |  |  |  |  |  |  | 14,660,452.50 | 1.19 |
| Iceland |  |  |  |  |  |  |  |  |
| SE0010413567 | Arion Bank hf. 2) | SEK | 0 | 0 | 19,774,364 | 13.4000	25,852,624.77	2.08 |


### 25,852,624.77	2.08
| Luxembourg LU1704650164 | BEFESA S.A. 2) | EUR | 100,000 | 409,594 | 690,748 | 67.4000	46,556,415.20	3.75 |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  | 46,556,415.20 | 3.75 |
| The Netherlands |  |  |  |  |  |  |  |  |
| NL0000303709 | Aegon NV | EUR | 6,983,097 | 5,270,277 | 6,486,307 | 4.4070 | 28,585,154.95 | 2.31 |
| NL0011872643 | ASR Nederland NV | EUR | 407,707 | 699,458 | 1,272,212 | 40.6300 | 51,689,973.56 | 4.17 |
| NL0010776944 | Brunel International NV | EUR | 0 | 0 | 93,528 | 11.3800 | 1,064,348.64 | 0.09 |
|  |  |  |  |  |  |  | 81,339,477.15 | 6.57 |
| Austria |  |  |  |  |  |  |  |  |
| AT0000BAWAG2 | BAWAG Group AG | EUR | 63,041 | 580,029 | 1,337,626 | 54.2000 | 72,499,329.20 | 5.85 |
| AT0000652011 | Erste Group Bank AG | EUR | 700,000 | 272,295 | 427,705 | 41.3500 | 17,685,601.75 | 1.43 |
| AT0000720008 | Telekom Austria AG 2) | EUR | 79,526 | 0 | 79,526 | 7.6200 | 605,988.12 | 0.05 |
| AT0000815402 | UBM Development AG 2) | EUR | 0 | 0 | 32,070 | 43.3000 | 1,388,631.00 | 0.11 |
|  |  |  |  |  |  |  | 92,179,550.07 | 7.44 |
| Switzerland CH0303692047 | EDAG Engineering Group AG 2) | EUR | 45,877 | 0 | 327,826 | 11.8500 | 3,884,738.10 | 0.31 |
| CH0022268228 | EFG International AG 2) | CHF | 0 | 0 | 786,948 | 6.9500 | 5,283,826.30 | 0.43 |
| CH0012214059 | Holcim Ltd. | CHF | 456,307 | 544,400 | 192,932 | 46.5100 | 8,668,985.91 | 0.70 |
| CH0468525222 | Medacta Group S.A. | CHF | 2,126 | 3,334 | 600,001 | 142.0000 | 82,311,025.02 | 6.64 |
| CH0435377954 | SIG Combibloc Group AG 2) | CHF | 0 | 1,638,630 | 170,414 | 25.4600 | 4,191,614.76 | 0.34 |
| CH0013396012 | SKAN Group AG 2) | CHF | 120,000 | 114,982 | 5,018 | 88.6000 | 429,518.69 | 0.03 |
| CH0002361068 | Starrag Group Holding AG 2) | CHF | 0 | 0 | 36,000 | 46.6000 | 1,620,712.97 | 0.13 |
| CH0005795668 | Swiss Steel Holding AG 2) | CHF | 1,618,470 | 63 | 4,804,107 | 0.3435 | 1,594,252.49 | 0.13 |
|  |  |  |  |  |  |  | 107,984,674.24 | 8.71 |
| Spain |  |  |  |  |  |  |  |  |
| ES0105223004 | Gestamp Automoción S.A. | EUR | 0 | 1,047,155 | 3,605,031 | 4.4500 | 16,042,387.95 | 1.29 |
|  |  |  |  |  |  |  | 16,042,387.95 | 1.29 |


## 1)  NSFA = Net Subfund Assets Due to rounding differences in the individual items, the totals may deviate from the actual value.

## 2)  The securities marked have been lent in whole or in part.

Translation (ENDE, 2021-12-31):
# Vermögensaufstellung zum 31. Dezember 2021
| ISIN | Wertpapiere | Zugänge | Abgänge | Bestand | Kurs | Kurswert | %-Anteil |
| --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | im Berichtszeitraum | im Berichtszeitraum |  |  | EUR | vom NTFV 1) |


## Aktien, Anrechte und Genussscheine Börsengehandelte Wertpapiere Belgien
| BE0974293251 | Anheuser-Busch InBev S.A./NV | EUR | 43.000 | 13.000 | 30.000 | 53,4800 | 1.604.400,00 | 2,29 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  | 1.604.400,00 | 2,29 |
| Deutschland DE000A3CNK42 | ABOUT YOU Holding SE | EUR | 89.575 | 0 | 89.575 | 20,4600 | 1.832.704,50 | 2,61 |
| DE0005093108 | AMADEUS FIRE AG | EUR | 0 | 1.000 | 11.598 | 182,0000 | 2.110.836,00 | 3,01 |
| DE000BAY0017 | Bayer AG | EUR | 5.000 | 0 | 19.300 | 47,0000 | 907.100,00 | 1,29 |
| DE0006062144 | Covestro AG | EUR | 4.000 | 7.000 | 33.000 | 54,2000 | 1.788.600,00 | 2,55 |
| DE0008019001 | Dte. Pfandbriefbank AG | EUR | 36.325 | 0 | 290.825 | 10,5700 | 3.074.020,25 | 4,38 |
| DE0005552004 | Dte. Post AG | EUR | 13.000 | 14.000 | 50.000 | 56,5400 | 2.827.000,00 | 4,03 |
| DE0005565204 | Dürr AG | EUR | 0 | 5.000 | 29.438 | 40,1200 | 1.181.052,56 | 1,68 |
| DE0005785802 | Fresenius Medical Care AG & Co. KGaA | EUR | 9.000 | 0 | 18.500 | 57,1400 | 1.057.090,00 | 1,51 |
| DE0005800601 | GFT Technologies SE | EUR | 0 | 4.973 | 42.000 | 46,1500 | 1.938.300,00 | 2,76 |
| DE000A1PHFF7 | HUGO BOSS AG | EUR | 29.000 | 0 | 29.000 | 53,5000 | 1.551.500,00 | 2,21 |
| DE0006464506 | Leifheit AG | EUR | 19.265 | 0 | 19.265 | 36,8000 | 708.952,00 | 1,01 |
| DE000PAH0038 | Porsche Automobil Holding SE -VZ- | EUR | 0 | 20.000 | 15.000 | 83,4400 | 1.251.600,00 | 1,78 |
| DE0007037129 | RWE AG | EUR | 0 | 12.000 | 70.000 | 35,7200 | 2.500.400,00 | 3,57 |
| DE0007231334 | Sixt SE -VZ- | EUR | 0 | 31.539 | 69.000 | 86,8000 | 5.989.200,00 | 8,54 |
| DE0007507501 | WashTec AG | EUR | 0 | 0 | 16.371 | 55,0000 | 900.405,00 | 1,28 |
| DE0008051004 | Wüstenrot & Württembergische AG | EUR | 0 | 0 | 31.520 | 17,6600 | 556.643,20 | 0,79 |
|  |  |  |  |  |  |  | 30.175.403,51 | 43,00 |
| Frankreich FR0000131104 | BNP Paribas S.A. | EUR | 15.000 | 0 | 45.200 | 60,6700 | 2.742.284,00 | 3,91 |
| FR0011726835 | Gaztransport Technigaz | EUR | 0 | 0 | 15.000 | 82,1500 | 1.232.250,00 | 1,76 |
| FR0010112524 | Nexity | EUR | 0 | 0 | 31.993 | 41,0200 | 1.312.352,86 | 1,87 |
| FR0013230612 | Tikehau Capital S.C.A. | EUR | 0 | 0 | 60.000 | 23,0000 | 1.380.000,00 | 1,97 |
| FR0000120271 | TotalEnergies SE | EUR | 0 | 21.062 | 30.000 | 44,9000 | 1.347.000,00 | 1,92 |
|  |  |  |  |  |  |  | 8.013.886,86 | 11,43 |
| Italien IT0004998065 | Anima Holding S.p.A. | EUR | 0 | 187.243 | 780.000 | 4,4900 | 3.502.200,00 | 4,99 |
| IT0000062072 | Assicurazioni Generali S.p.A. | EUR | 0 | 0 | 60.000 | 18,6300 | 1.117.800,00 | 1,59 |
| IT0005331019 | Carel Industries S.p.A. | EUR | 15.000 | 25.976 | 143.095 | 26,6000 | 3.806.327,00 | 5,43 |
| IT0003132476 | ENI S.p.A. | EUR | 0 | 0 | 68.000 | 12,2200 | 830.960,00 | 1,18 |
| IT0005337958 | Piovan S.p.A. | EUR | 0 | 0 | 195.000 | 10,4500 | 2.037.750,00 | 2,91 |
| IT0005438046 | SECO S.p.A. | EUR | 400.000 | 20.000 | 380.000 | 8,9500 | 3.401.000,00 | 4,85 |
|  |  |  |  |  |  |  | 14.696.037,00 | 20,95 |


## 1)  NTFV = Netto-Teilfondsvermögen. Aufgrund von Rundungsdifferenzen in den Einzelpositionen können die Summen vom tatsächlichen Wert abweichen.