# Contents
Kapital Plus
Fund Assets in %
|  |  |  |  |
| --- | --- | --- | --- |
|  |  |  |  |
|  |  |  | 29.2 28.9 |
|  |  |  |  |  |  |  |
|  |  |  |  |  |  |  0.6  0.7 	2.7  1.0 |

75 67.5 69.4
60
45
30
15
0
Bonds	Equities	Other securities	Cash reserves, other assets
| Development of net assets and | unit value in a 3-year comparison |  |
| --- | --- | --- |
|  |  | 30/06/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Net assets in EUR m |  |  |  |  |  |
| - Unit class A (EUR) | WKN: 847 625/ISIN: DE0008476250 | 3,459.8 | 4,126.7 | 3,221.4 | 3,088.5 |
| - Unit class I (EUR) | WKN: 979 761/ISIN: DE0009797613 | 100.1 | 121.0 | 70.9 | 65.6 |
| - Unit class Multi Asset 30 CT (EUR) | WKN: A2D U1Y/ISIN: DE000A2DU1Y2 | 38.3 | 57.8 | 19.8 | 971.61 1) |
| - Unit class P (EUR) | WKN: A14 N9U/ISIN: DE000A14N9U7 | 6.3 | 10.0 | 7.9 | 7.0 |
| - Unit class P2 (EUR) | WKN: 979 758/ISIN: DE0009797589 | 19.5 | 31.9 | 18.1 | 20.3 |
| - Unit class R (EUR) | WKN: A2D U1L/ISIN: DE000A2DU1L9 | 8.6 | 13.1 | 9.1 | 6.9 |
| Unit value in EUR |  |  |  |  |  |
| - Unit class A (EUR) | WKN: 847 625/ISIN: DE0008476250 | 62.23 | 74.54 | 69.37 | 66.14 |
| - Unit class I (EUR) | WKN: 979 761/ISIN: DE0009797613 | 1,087.43 | 1,306.21 | 1,215.28 | 1,158.64 |
| - Unit class Multi Asset 30 CT (EUR) | WKN: A2D U1Y/ISIN: DE000A2DU1Y2 | 93.57 | 112.37 | 104.99 | 100.07 |
| - Unit class P (EUR) | WKN: A14 N9U/ISIN: DE000A14N9U7 | 1,014.08 | 1,218.10 | 1,133.32 | 1,080.48 |
| - Unit class P2 (EUR) | WKN: 979 758/ISIN: DE0009797589 | 1,124.75 | 1,352.17 | 1,257.95 | 1,199.29 |
| - Unit class R (EUR) | WKN: A2D U1L/ISIN: DE000A2DU1L9 | 98.35 | 118.10 | 109.89 | 104.76 |

1) 
Not shown in EUR million due to the fund’s low volume.

#### Asset overview at 30/06/2022
Breakdown by asset category – country	Market value in EUR	% of net
assets 
*)
5. Bank deposits, money market instruments, money market funds and
23,882,716.36	0.65
| 3. Other securities | 23,522,721.58 | 0.65 |
| --- | --- | --- |
| CHF | 23,522,721.58 | 0.65 |
| 4. Derivatives | 2,935,890.00 | 0.08 |
| 5. Bank deposits, money market instruments, money market funds and | 23,882,716.36 | 0.65 |
| money market-related funds |  |  |
| 6. Other assets | 19,721,490.85 | 0.54 |
| II. Liabilities | -7,447,222.36 | -0.20 |

| I. Assets	money market-related funds	 |
| --- |
| 1. Equities | 1,047,921,762.67 | 28.88 |  | 6. Other assets | 19,721,490.85 | 0.54 |
| Germany | 159,723,091.65 | 4.40 |  | II. Liabilities | -7,447,222.36 | -0.20 |
| France | 148,326,923.06 | 4.08 |  | III. Fund assets | 3,632,598,673.51 | 100.00 |
| The Netherlands	143,047,010.35	3.95	*) Minor rounding differences may be the result of percentage rounding during the |

| Italy | 10,179,827.84 | 0.28 |
| --- | --- | --- |
| Ireland | 47,658,285.52 | 1.31 |
| Denmark | 211,161,021.02 | 5.83 |

calculation.
| Luxembourg | 12,644,302.48 | 0.35 |  | Breakdown by asset category – currency | Market value in EUR | % of net |
| --- | --- | --- | --- | --- | --- | --- |
| Sweden | 148,966,835.11 | 4.10 |  |  |  | assets  *) |
| Switzerland | 138,067,326.84 | 3.81 |  | I. Assets |  |  |
| UK | 28,147,138.80 | 0.77 |  | 1. Equities | 1,047,921,762.67 | 28.88 |
| 2. Bonds | 2,522,061,314.41 | 69.40 |  | CHF | 138,067,326.84 | 3.81 |
| Germany | 308,789,487.17 | 8.46 |  | DKK | 211,161,021.02 | 5.83 |
| France | 537,070,184.21 | 14.78 |  | EUR | 517,329,361.82 | 14.25 |
| The Netherlands | 253,540,829.59 | 7.03 |  | GBP | 32,397,217.88 | 0.89 |
| Italy | 335,984,297.16 | 9.26 |  | SEK | 148,966,835.11 | 4.10 |
| Ireland | 22,218,723.03 | 0.61 |  | 2. Bonds | 2,522,061,314.41 | 69.40 |
| Denmark | 13,112,010.26 | 0.36 |  | EUR | 2,522,061,314.41 | 69.40 |

| Portugal | 52,126,669.50 | 1.43 |
| --- | --- | --- |
| Spain | 243,157,795.58 | 6.70 |
| Belgium | 77,260,670.44 | 2.13 |
| Luxembourg | 26,068,205.21 | 0.71 |
| Iceland | 1,544,520.00 | 0.04 |
| Norway | 23,819,119.75 | 0.66 |
| Sweden | 33,980,025.90 | 0.93 |

| Finland | 23,193,182.48 | 0.65 |  | III. Fund assets | 3,632,598,673.51 | 100.00 |
| --- | --- | --- | --- | --- | --- | --- |
| Austria | 51,725,385.03 | 1.42 |  |  |  |  |
| Switzerland | 6,502,684.00 | 0.17 |  |  |  |  |
| Latvia | 3,926,580.10 | 0.11 |  |  |  |  |
| Poland | 5,110,069.00 | 0.14 |  |  |  |  |
| Hungary | 9,294,437.00 | 0.25 |  |  |  |  |
| Romania | 9,566,712.00 | 0.26 |  |  |  |  |
| Bulgaria | 4,870,571.50 | 0.13 |  |  |  |  |
| UK | 57,449,649.11 | 1.59 |  |  |  |  |
| USA | 145,996,076.24 | 4.00 |  |  |  |  |
| Canada | 32,426,848.41 | 0.89 |  |  |  |  |
| Mexico | 7,992,807.25 | 0.22 |  |  |  |  |
| Israel | 4,813,418.40 | 0.13 |  |  |  |  |
| Indonesia | 4,923,444.50 | 0.14 |  |  |  |  |
| Republic of Korea | 872,860.29 | 0.02 |  |  |  |  |
| Japan | 17,178,127.48 | 0.47 |  |  |  |  |
| Australia | 51,220,376.64 | 1.42 |  |  |  |  |
| New Zealand | 16,522,115.45 | 0.45 |  |  |  |  |
| Others | 139,803,431.73 | 3.84 |  |  |  |  |
| 3. Other securities | 23,522,721.58 | 0.65 |  |  |  |  |
| Switzerland | 23,522,721.58 | 0.65 |  |  |  |  |
| 4. Derivatives | 2,935,890.00 | 0.08 |  |  |  |  |


#### Investment portfolio at 30/06/2022
ISIN	Securities	Market	Shares/	Balance  Purchases  Redemptions	Price	Market value	% of net
Units/	30/06/2022	in EUR	assets
Currency	in the period under review
| Exchange-traded securities |  |  |  |  |  | 3,496,317,750.63 | 96.24 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equities |  |  |  |  |  | 1,047,921,762.67 | 28.88 |
| Germany |  |  |  |  |  | 159,723,091.65 | 4.40 |
| DE000A1EWWW0  adidas AG Namens-Aktien | SHS | 217,448 | 68,140 | 10,979 EUR | 167.200 | 36,357,305.60 | 1.00 |
| DE0006231004	Infineon Technologies AG Namens-Aktien | SHS | 1,989,707 | 541,684 | 370,021 EUR | 23.205 | 46,171,150.94 | 1.27 |
| DE0006452907	Nemetschek SE Inhaber-Aktien | SHS | 163,131 | 41,225 | 8,237 EUR | 57.140 | 9,321,305.34 | 0.26 |
| DE0007164600	SAP SE Inhaber-Aktien | SHS | 375,326 | 101,965 | 115,141 EUR | 84.920 | 31,872,683.92 | 0.88 |
| DE0007165631	Sartorius AG Vorzugsaktien | SHS | 57,606 | 41,993 | 0 EUR | 327.600 | 18,871,725.60 | 0.52 |
| DE000ZAL1111	Zalando SE Inhaber-Aktien | SHS | 715,195 | 190,583 | 36,112 EUR | 23.950 | 17,128,920.25 | 0.47 |
| France |  |  |  |  |  | 148,326,923.06 | 4.08 |
| FR0014003TT8	Dassault Systemes SE Actions Port. | SHS | 1,012,673 | 263,956 | 111,510 EUR | 34.580 | 35,018,232.34 | 0.96 |
| FR0010307819	Legrand S.A. Actions au Porteur | SHS | 338,437 | 85,526 | 17,088 EUR | 69.860 | 23,643,208.82 | 0.65 |
| FR0000120321	L’Oréal S.A. Actions Port. FR0000121014	LVMH Moët Henn. L. Vuitton | SHS | 118,562 | 31,031 | 14,006 EUR | 324.950 | 38,526,721.90 | 1.06 |
| SE Action Port.(C.R.) | SHS | 89,560 | 22,633 | 4,522 EUR | 571.000 | 51,138,760.00 | 1.41 |
| The Netherlands |  |  |  |  |  | 143,047,010.35 | 3.95 |
| NL0012969182	Adyen N.V. Aandelen op naam | SHS | 30,796 | 14,584 | 1,554 EUR | 1,400.800 | 43,139,036.80 | 1.19 |
| NL0010273215	ASML Holding N.V. Aandelen op naam | SHS | 219,747 | 55,532 | 11,095 EUR | 454.650 | 99,907,973.55 | 2.76 |
| Italy |  |  |  |  |  | 10,179,827.84 | 0.28 |
| IT0004056880	Amplifon S.p.A. Azioni nom. | SHS | 349,582 | 215,580 | 11,229 EUR | 29.120 | 10,179,827.84 | 0.28 |
| Ireland |  |  |  |  |  | 47,658,285.52 | 1.31 |
| IE0002424939	DCC PLC Reg.Shares | SHS | 71,439 | 29,826 | 85,878 GBP | 51.220 | 4,250,079.08 | 0.12 |
| IE0004906560	Kerry Group PLC Reg.Shares A | SHS | 145,125 | 47,909 | 75,715 EUR | 91.080 | 13,217,985.00 | 0.36 |
| IE0004927939	Kingspan Group PLC Reg.Shares | SHS | 543,772 | 137,415 | 27,457 EUR | 55.520 | 30,190,221.44 | 0.83 |
| Denmark |  |  |  |  |  | 211,161,021.02 | 5.83 |
| DK0060946788	Ambu A/S Navne-Aktier B | SHS | 1,316,682 | 332,735 | 66,484 DKK | 72.000 | 12,743,368.48 | 0.35 |
| DK0060227585	Christian Hansen Holding AS Navne-Aktier | SHS | 120,617 | 30,481 | 6,090 DKK | 517.400 | 8,388,914.98 | 0.23 |
| DK0060448595	Coloplast AS Navne-Aktier B | SHS | 322,330 | 81,455 | 16,275 DKK | 802.200 | 34,757,956.25 | 0.96 |
| DK0060079531	DSV A/S Indehaver Bonus-Aktier | SHS | 549,072 | 161,977 | 26,694 DKK | 979.800 | 72,316,529.97 | 2.00 |
| DK0060534915	Novo-Nordisk AS Navne-Aktier B | SHS | 792,497 | 229,600 | 194,304 DKK | 778.700 | 82,954,251.34 | 2.29 |
| Luxembourg |  |  |  |  |  | 12,644,302.48 | 0.35 |
| FR0014000MR3	Eurofins Scientific S.E. Actions Port. | SHS | 169,996 | 169,996 | 0 EUR | 74.380 | 12,644,302.48 | 0.35 |
| Sweden |  |  |  |  |  | 148,966,835.11 | 4.10 |
| SE0007100581	Assa-Abloy AB Namn-Aktier B | SHS | 1,737,061 | 438,967 | 87,710 SEK | 217.000 | 35,261,200.84 | 0.97 |
| SE0017486889	Atlas Copco AB Namn-Aktier A | SHS | 3,408,334 | 3,408,334 | 0 SEK | 95.460 | 30,435,880.60 | 0.84 |
| SE0015658109	Epiroc AB Namn-Aktier A | SHS | 1,805,067 | 456,153 | 91,144 SEK | 159.850 | 26,991,577.17 | 0.74 |
| SE0015961909	Hexagon AB Namn-Aktier B (fria) | SHS | 3,246,781 | 820,482 | 163,942 SEK | 105.700 | 32,103,344.41 | 0.88 |
| SE0007074281	Hexpol AB Namn-Aktier B | SHS | 1,133,133 | 286,350 | 57,216 SEK | 85.500 | 9,062,944.01 | 0.25 |
| SE0000114837	Trelleborg AB Namn-Aktier B (fria) | SHS | 785,348 | 403,202 | 31,511 SEK | 205.700 | 15,111,888.08 | 0.42 |
| Switzerland |  |  |  |  |  | 138,067,326.84 | 3.81 |
| CH0013841017	Lonza Group AG Namens-Aktien | SHS | 52,756 | 18,450 | 2,317 CHF | 500.200 | 26,442,758.86 | 0.73 |
| CH0024608827	Partners Group Holding AG Namens-Aktien | SHS | 45,828 | 11,582 | 2,313 CHF | 855.000 | 39,263,430.03 | 1.08 |
| CH0418792922	Sika AG Namens-Aktien | SHS | 253,136 | 64,174 | 21,049 CHF | 217.900 | 55,271,641.26 | 1.53 |
| CH0012453913	Temenos AG Nam.-Aktien | SHS | 75,829 | 25,907 | 46,133 CHF | 80.980 | 6,153,246.58 | 0.17 |
| CH0311864901	VAT Group AG Namens-Aktien | SHS | 48,766 | 13,651 | 10,785 CHF | 223.800 | 10,936,250.11 | 0.30 |
| UK |  |  |  |  |  | 28,147,138.80 | 0.77 |
| GB00BWFGQN14 Spirax-Sarco Engineering PLC Reg.Shares | SHS | 104,038 | 26,291 | 5,253 GBP | 96.540 | 11,665,983.53 | 0.32 |
| GB0007669376	St. James’s Place PLC Reg.Shares | SHS | 1,287,025 | 325,239 | 64,986 GBP | 11.025 | 16,481,155.27 | 0.45 |
| Interest-bearing securities |  |  |  |  |  | 2,424,873,266.38 | 66.71 |
| EUR bonds |  |  |  |  |  | 2,424,873,266.38 | 66.71 |
| DE000AAR0322	0.7500 % Aareal Bank AG MTN IHS 22/28 XS2076154801	0.1000 % Abbott Ireland Financing | EUR | 7,500,000 | 7,500,000 | 0  % | 82.139 | 6,160,439.25 | 0.17 |
| DAC Notes 19/24 XS2076155105	0.3750 % Abbott Ireland Financing | EUR | 2,400,000 | 0 | 0  % | 96.031 | 2,304,734.40 | 0.06 |
| DAC Notes 19/27 | EUR | 3,000,000 | 0 | 0  % | 89.238 | 2,677,139.10 | 0.07 |
| XS2055646918	0.7500 % AbbVie Inc. Notes 19/27 | EUR | 3,050,000 | 0 | 0  % | 88.965 | 2,713,447.14 | 0.07 |
| XS1344751968	0.8750 % ABN AMRO Bank N.V. Cov. MTN 16/26 | EUR | 10,000,000 | 0 | 0  % | 97.237 | 9,723,718.00 | 0.27 |
| XS1548458014	1.1250 % ABN AMRO Bank N.V. Cov. MTN 17/32 XS2102283061	0.6000 % ABN AMRO Bank N.V. | EUR | 4,000,000 | 0 | 0  % | 89.646 | 3,585,843.20 | 0.10 |
| Non-Pref. MTN 20/27 XS1935139995	0.8750 % ABN AMRO Bank N.V. | EUR | 2,200,000 | 0 | 0  % | 89.669 | 1,972,707.00 | 0.05 |
| Preferred MTN 19/24 | EUR | 2,400,000 | 0 | 0  % | 98.779 | 2,370,700.32 | 0.07 |
| FR0014001LQ5	0.0000 % Agence France Locale MTN 21/31 XS2317288301	0.3750 % Ahold Delhaize N.V., | EUR | 1,700,000 | 0 | 0  % | 83.145 | 1,413,469.25 | 0.04 |
| Konkinkl. Notes 21/30 Reg.S | EUR | 2,200,000 | 0 | 0  % | 79.977 | 1,759,484.54 | 0.05 |

Explanations can be found in the footnotes below the table.

#### Investment portfolio at 30/06/2022
ISIN	Securities	Market	Shares/	Balance  Purchases  Redemptions	Price	Market value	% of net
Units/	30/06/2022	in EUR	assets
Currency	in the period under review
| XS1357663050 | 0.8750 % AIB Mortg. Bank Unlimited |  |
| --- | --- | --- |
|  | Co Mortg. Cov. MTN 16/23 | EUR | 4,350,000 | 0 | 0 | % | 100.195 | 4,358,489.03 | 0.12 |
| FR0013182847 | 1.2500 % Air Liquide Finance MTN 16/28 | EUR | 5,000,000 | 0 | 0 | % | 93.291 | 4,664,541.50 | 0.13 |
| XS1391625289 XS1550134602 | 1.1250 % Akzo Nobel N.V. MTN 16/26 0.7500 % American Honda Finance | EUR | 2,650,000 | 0 | 0 | % | 94.878 | 2,514,264.35 | 0.07 |
| XS1935204641 | Corp. MTN S.A 17/24 0.5000 % ANZ New Zealand (Itl) | EUR | 2,600,000 | 0 | 0 | % | 98.737 | 2,567,167.46 | 0.07 |
| XS2052998403 | (Ldn Br.) Mort.Cov. MTN 19/24 0.3750 % ANZ New Zealand (Itl) | EUR | 2,700,000 | 0 | 0 | % | 98.821 | 2,668,162.95 | 0.07 |
|  | (Ldn Br.) MTN 19/29 | EUR | 5,000,000 | 0 | 0 | % | 81.127 | 4,056,359.50 | 0.11 |
| FR0012300812 | 1.8750 % APRR MTN 14/25 | EUR | 2,200,000 | 0 | 0 | % | 99.363 | 2,185,992.82 | 0.06 |
| FR0013220258 | 1.2500 % APRR MTN 16/27 | EUR | 2,400,000 | 0 | 0 | % | 95.009 | 2,280,221.28 | 0.06 |
| FR0013477486 | 0.0000 % APRR MTN 20/23 | EUR | 1,900,000 | 0 | 0 | % | 99.698 | 1,894,262.19 | 0.05 |
| FR0012452191 | 1.5000 % Arkema S.A. MTN 15/25 | EUR | 5,000,000 | 0 | 0 | % | 97.910 | 4,895,502.00 | 0.13 |
| XS1032529205 | 3.3750 % ASTM S.p.A. MTN 14/24 | EUR | 5,000,000 | 0 | 0 | % | 99.673 | 4,983,663.50 | 0.14 |
| XS1907120528 | 1.8000 % AT & T Inc. Notes 18/26 | EUR | 5,000,000 | 0 | 0 | % | 97.342 | 4,867,094.50 | 0.13 |
| XS2051361264 FR0010491720 | 0.2500 % AT & T Inc. Notes 19/26 5.6250 % Autoroutes du Sud de | EUR | 5,000,000 | 0 | 0 | % | 92.297 | 4,614,833.50 | 0.13 |
| FR0013169885 | la France MTN 07/22 1.0000 % Autoroutes du Sud de | EUR | 4,100,000 | 0 | 0 | % | 100.000 | 4,100,000.00 | 0.11 |
| FR0013231099 | la France MTN 16/26 1.2500 % Autoroutes du Sud de | EUR | 1,800,000 | 0 | 0 | % | 94.167 | 1,695,004.56 | 0.05 |
| XS2101349723 | la France MTN 17/27 0.5000 % Banco Bilbao Vizcaya | EUR | 1,900,000 | 0 | 0 | % | 93.335 | 1,773,362.72 | 0.05 |
| XS2079713322 | Argent. Non-Pref. MTN 20/27 0.3750 % Banco Bilbao Vizcaya | EUR | 5,000,000 | 0 | 0 | % | 88.153 | 4,407,650.00 | 0.12 |
|  | Argent. Preferred MTN 19/26 | EUR | 5,000,000 | 0 | 0 | % | 90.159 | 4,507,941.00 | 0.12 |
| XS1731105612 XS2298304499 | 0.8750 % Banco de Sabadell S.A. MTN 17/23 0.2000 % Banco Santander | EUR | 5,000,000 | 0 | 0 | % | 99.704 | 4,985,197.00 | 0.14 |
| XS2014287937 | S.A. Pref. MTN 21/28 0.2500 % Banco Santander S.A. | EUR | 5,000,000 | 0 | 0 | % | 84.496 | 4,224,804.50 | 0.12 |
|  | Preferred MTN 19/24 | EUR | 5,000,000 | 0 | 0 | % | 96.807 | 4,840,330.50 | 0.13 |
| XS1079726334 | 2.3750 % Bank of America Corp. MTN 14/24 | EUR | 8,800,000 | 0 | 0 | % | 100.209 | 8,818,363.84 | 0.24 |
| ES0313679K13 | 0.8750 % Bankinter S.A. Preferred Bonos 19/24 | EUR | 5,000,000 | 0 | 0 | % | 98.236 | 4,911,812.00 | 0.14 |
| XS1757394322 | 1.3750 % Barclays PLC FLR MTN 18/26 | EUR | 5,000,000 | 0 | 0 | % | 95.270 | 4,763,485.00 | 0.13 |
| XS2342060360 | 1.1060 % Barclays PLC FLR MTN 21/32 | EUR | 5,000,000 | 0 | 0 | % | 76.785 | 3,839,231.50 | 0.11 |
| XS1998215393 | 0.4000 % Baxter International Inc. Notes 19/24 | EUR | 5,000,000 | 0 | 0 | % | 97.163 | 4,858,167.00 | 0.13 |
| XS1998215559 XS2411178630 | 1.3000 % Baxter International Inc. Notes 19/29 1.3750 % Bayerische Landesbank | EUR | 5,000,000 | 0 | 0 | % | 88.338 | 4,416,893.00 | 0.12 |
| XS2002532724 | FLR Sub. Anl. 21/32 1.2080 % Becton Dickinson Euro | EUR | 5,000,000 | 0 | 0 | % | 82.941 | 4,147,035.00 | 0.11 |
|  | Fin.Sarl Notes 19/26 | EUR | 5,000,000 | 0 | 0 | % | 93.952 | 4,697,581.50 | 0.13 |
| DE000BHY0H34 | 0.1250 % Berlin Hyp AG Hyp.-Pfe. 21/30 | EUR | 5,000,000 | 0 | 0 | % | 86.074 | 4,303,708.50 | 0.12 |
| DE000BHY0BC4 | 0.2500 % Berlin Hyp AG Hyp.-Pfe. S.196 16/23 | EUR | 5,400,000 | 0 | 0 | % | 99.914 | 5,395,373.82 | 0.15 |
| XS1948612905 | 0.6250 % BMW Finance N.V. MTN 19/23 | EUR | 2,250,000 | 0 | 0 | % | 98.942 | 2,226,192.75 | 0.06 |
| XS2055727916 | 0.0000 % BMW Finance N.V. MTN 19/23 | EUR | 2,550,000 | 0 | 0 | % | 99.441 | 2,535,752.90 | 0.07 |
| XS1368698251 | 0.2500 % BNG Bank N.V. MTN 16/23 | EUR | 6,000,000 | 0 | 0 | % | 99.929 | 5,995,749.60 | 0.17 |
| XS1342516629 BE0002586643 | 1.0000 % BNG Bank N.V. MTN 16/26 0.8750 % BNP Paribas Fortis S.A. | EUR | 10,000,000 | 0 | 0 | % | 98.266 | 9,826,572.00 | 0.27 |
|  | MT Mortg.Cov. Bds 18/28 | EUR | 5,900,000 | 0 | 0 | % | 93.813 | 5,534,948.71 | 0.15 |
| FR0013476611 FR0013484458 | 1.1250 % BNP Paribas S.A. FLR MTN 20/32 0.5000 % BNP Paribas S.A. FLR | EUR | 2,900,000 | 0 | 0 | % | 85.514 | 2,479,913.83 | 0.07 |
|  | Non-Pref. MTN 20/28 | EUR | 3,200,000 | 0 | 0 | % | 87.206 | 2,790,605.76 | 0.08 |
| XS0847433561 | 2.8750 % BNP Paribas S.A. MTN 12/22 | EUR | 3,000,000 | 0 | 0 | % | 100.811 | 3,024,315.90 | 0.08 |
| XS1345331299 XS1717012014 | 1.1250 % BNP Paribas S.A. MTN 16/23 0.5000 % BNZ Inter. Fund. Ltd. | EUR | 5,000,000 | 0 | 0 | % | 100.332 | 5,016,623.50 | 0.14 |
| XS2012047127 | (Ldn Br.) MTN 17/23 0.3750 % BNZ Inter. Fund. Ltd. | EUR | 5,000,000 | 0 | 0 | % | 99.390 | 4,969,476.00 | 0.14 |
|  | (Ldn Br.) MTN 19/24 | EUR | 5,000,000 | 0 | 0 | % | 96.562 | 4,828,117.00 | 0.13 |
| XS2070192591 | 0.6250 % Boston Scientific Corp. Notes 19/27 | EUR | 1,250,000 | 0 | 0 | % | 87.806 | 1,097,570.25 | 0.03 |
| XS2135797202 | 1.8760 % BP Capital Markets PLC MTN 20/24 | EUR | 5,000,000 | 0 | 0 | % | 99.967 | 4,998,329.00 | 0.14 |
| XS2135799679 | 2.5190 % BP Capital Markets PLC MTN 20/28 | EUR | 5,000,000 | 0 | 0 | % | 97.585 | 4,879,264.00 | 0.13 |
| FR0013312501 | 1.6250 % BPCE S.A. Non-Pref. MTN 18/28 | EUR | 6,000,000 | 0 | 0 | % | 90.374 | 5,422,468.80 | 0.15 |
| FR0013455540 | 0.5000 % BPCE S.A. Non-Preferred MTN 19/27 | EUR | 5,000,000 | 0 | 0 | % | 87.925 | 4,396,244.50 | 0.12 |
| FR0013396447 | 1.0000 % BPCE S.A. Preferred MTN 19/24 | EUR | 2,600,000 | 0 | 0 | % | 98.002 | 2,548,052.00 | 0.07 |

Explanations can be found in the footnotes below the table.

#### Investment portfolio at 30/06/2022
ISIN	Securities	Market	Shares/	Balance  Purchases  Redemptions	Price	Market value	% of net
Units/	30/06/2022	in EUR	assets
Currency	in the period under review
| FR0013111903 | 0.3750 % BPCE SFH MT Obl.Fin.Hab. 16/23 | EUR | 3,600,000 | 0 | 0 | % | 100.045 | 3,601,629.00 | 0.10 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FR0013383346 XS1385945131 | 0.7500 % BPCE SFH MT Obl.Fin.Hab. 18/26 2.3750 % Bque Fédérative du | EUR | 4,800,000 | 0 | 0 | % | 95.385 | 4,578,501.60 | 0.13 |
| XS1824240136 | Cr. Mutuel MTN 16/26 2.5000 % Bque Fédérative du | EUR | 4,300,000 | 0 | 0 | % | 95.502 | 4,106,600.19 | 0.11 |
| FR0013476553 | Cr. Mutuel MTN 18/28 0.7500 % Bque Fédérative du Cr. | EUR | 3,000,000 | 0 | 0 | % | 90.512 | 2,715,360.30 | 0.07 |
| FR0013386539 | Mutuel Non-Pref. MTN 20/30 0.7500 % Bque Fédérative du Cr. | EUR | 4,300,000 | 0 | 0 | % | 80.758 | 3,472,585.83 | 0.10 |
|  | Mutuel Preferred MTN 19/23 | EUR | 3,900,000 | 0 | 0 | % | 99.479 | 3,879,695.43 | 0.11 |
| XS1382696398 | 3.0000 % Bulgarien MTN 16/28 | EUR | 5,000,000 | 0 | 0 | % | 97.411 | 4,870,571.50 | 0.13 |
| DE0001102424 | 0.5000 % Bundesrep.Deutschland Anl. 17/27 | EUR | 6,050,000 | 0 | 0 | % | 96.839 | 5,858,759.50 | 0.16 |
| DE0001102465 | 0.2500 % Bundesrep.Deutschland Anl. 19/29 | EUR | 6,000,000 | 0 | 15,000,000 | % | 93.754 | 5,625,239.40 | 0.15 |
| DE0001102499 | 0.0000 % Bundesrep.Deutschland Anl. 20/30 | EUR | 8,500,000 | 0 | 40,000,000 | % | 90.712 | 7,710,519.15 | 0.21 |
| DE0001102531 | 0.0000 % Bundesrep.Deutschland Anl. 21/31 | EUR | 11,200,000 | 20,000,000 | 35,000,000 | % | 89.051 | 9,973,710.88 | 0.27 |
| DE0001102580 DE0001104875 | 0.0000 % Bundesrep.Deutschland Anl. 22/32 0.0000 % Bundesrep.Deutschland | EUR | 38,000,000 | 73,000,000 | 35,000,000 | % | 87.117 | 33,104,456.20 | 0.91 |
| FR0013534559 | Bundesschatzanw. 22/24 0.0000 % Cais. d’Amort.de la | EUR | 20,000,000 | 20,000,000 | 0 | % | 99.004 | 19,800,800.00 | 0.55 |
| XS2200150766 | Dette Soc. MTN 20/30 0.7500 % Caixabank S.A. FLR | EUR | 5,000,000 | 0 | 0 | % | 84.291 | 4,214,561.50 | 0.12 |
|  | Preferred MTN 20/26 | EUR | 5,000,000 | 0 | 0 | % | 93.748 | 4,687,408.00 | 0.13 |
| XS2102931594 XS1796257092 | 0.3750 % Caixabank S.A. Preferred MTN 20/25 0.7500 % Canadian Imperial Bk | EUR | 5,000,000 | 0 | 0 | % | 94.648 | 4,732,384.50 | 0.13 |
| XS1991125896 | of Comm. MTN 18/23 0.3750 % Canadian Imperial Bk | EUR | 5,100,000 | 0 | 0 | % | 99.957 | 5,097,825.87 | 0.14 |
|  | of Comm. MTN 19/24 | EUR | 5,000,000 | 0 | 0 | % | 97.002 | 4,850,108.50 | 0.13 |
| XS1401331753 | 0.7500 % Carrefour S.A. MTN 16/24 | EUR | 750,000 | 0 | 0 | % | 97.449 | 730,866.75 | 0.02 |
| FR0013505260 | 2.6250 % Carrefour S.A. MTN 20/27 | EUR | 5,000,000 | 0 | 0 | % | 95.669 | 4,783,459.50 | 0.13 |
| XS2091606330 FR0013106630 | 0.8750 % Chubb INA Holdings Inc. Notes 19/29 1.0000 % Cie de Financement | EUR | 5,000,000 | 0 | 0 | % | 84.213 | 4,210,642.50 | 0.12 |
| FR0013413382 | Foncier MT Obl. Fonc. 16/26 0.3750 % Cie de Financement | EUR | 6,000,000 | 0 | 0 | % | 97.458 | 5,847,508.20 | 0.16 |
| FR0013445129 | Foncier MT Obl. Fonc. 19/27 0.0100 % Cie de Financement | EUR | 3,300,000 | 0 | 0 | % | 93.058 | 3,070,921.92 | 0.08 |
| FR0014006276 | Foncier MT Obl. Fonc. 19/27 0.0100 % Cie de Financement | EUR | 9,000,000 | 0 | 0 | % | 89.940 | 8,094,642.30 | 0.22 |
|  | Foncier MT Obl. Fonc. 21/27 | EUR | 4,000,000 | 0 | 0 | % | 90.016 | 3,600,634.80 | 0.10 |
| XS1068874970 | 2.3750 % Citigroup Inc. MTN 14/24 | EUR | 3,800,000 | 0 | 0 | % | 100.315 | 3,811,984.82 | 0.10 |
| XS1107727007 XS1377682676 | 2.1250 % Citigroup Inc. MTN 14/26 1.8750 % Coca Cola HBC | EUR | 6,800,000 | 0 | 0 | % | 96.396 | 6,554,952.48 | 0.18 |
| XS2082345955 | Finance B.V. MTN 16/24 0.6250 % Coca Cola HBC | EUR | 1,550,000 | 0 | 0 | % | 99.144 | 1,536,737.43 | 0.04 |
| DE000CZ45VB7 | Finance B.V. MTN 19/29 0.2500 % Commerzbank AG | EUR | 2,750,000 | 0 | 0 | % | 81.440 | 2,239,606.88 | 0.06 |
| XS2397077426 | MTN IHS S.939 19/24 0.1250 % Commonwealth Bank of | EUR | 5,000,000 | 0 | 0 | % | 94.162 | 4,708,097.00 | 0.13 |
| XS1750349190 | Australia MT Cov. Bds 21/29 1.1250 % Commonwealth Bank | EUR | 5,000,000 | 0 | 0 | % | 85.485 | 4,274,251.00 | 0.12 |
| XS1637093508 | of Australia MTN 18/28 0.6250 % Compass Group Fin. | EUR | 5,000,000 | 0 | 0 | % | 92.261 | 4,613,043.50 | 0.13 |
|  | Netherl. BV MTN 17/24 | EUR | 5,600,000 | 0 | 0 | % | 97.289 | 5,448,159.36 | 0.15 |
| XS2056430874 XS1180130939 | 0.3750 % Continental AG MTN 19/25 1.3750 % Coöperatieve Rabobank | EUR | 3,500,000 | 0 | 0 | % | 93.540 | 3,273,884.95 | 0.09 |
| XS1956955980 | U.A. MTN 15/27 0.6250 % Coöperatieve Rabobank | EUR | 7,000,000 | 0 | 0 | % | 95.887 | 6,712,119.40 | 0.18 |
| XS1790990474 | U.A. Non-Preferred MTN 19/24 1.3750 % Credit Agricole S.A. (Ldn | EUR | 2,900,000 | 0 | 0 | % | 98.107 | 2,845,113.73 | 0.08 |
| FR0014000Y93 | Br.) Non-Pref. MTN 18/25 0.1250 % Crédit Agricole S.A. | EUR | 5,000,000 | 0 | 0 | % | 96.631 | 4,831,543.50 | 0.13 |
|  | Non-Pref. MTN 20/27 | EUR | 5,000,000 | 0 | 0 | % | 84.016 | 4,200,821.50 | 0.12 |
| FR0013511227 FR0013113453 | 0.8750 % Crédit Mutuel Arkéa MTN 20/27 0.3750 % Crédit Mutuel HomeLoan | EUR | 5,000,000 | 0 | 0 | % | 90.375 | 4,518,740.00 | 0.12 |
|  | SFH SA MT Obl.Fin.Hab.16/22 | EUR | 4,800,000 | 0 | 0 | % | 100.116 | 4,805,561.28 | 0.13 |
| XS1505896735 | 1.3750 % CRH Finance DAC MTN 16/28 | EUR | 5,000,000 | 0 | 0 | % | 91.121 | 4,556,026.50 | 0.13 |

Explanations can be found in the footnotes below the table.

#### Investment portfolio at 30/06/2022
ISIN	Securities	Market	Shares/	Balance  Purchases  Redemptions	Price	Market value	% of net
Units/	30/06/2022	in EUR	assets
Currency	in the period under review
| XS2169281487 | 1.6250 % CRH Funding B.V. MTN 20/30 | EUR | 5,000,000 | 0 | 0 | % | 86.449 | 4,322,432.50 | 0.12 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS2078761785 | 1.3750 % Danske Bank AS FLR MTN 19/30 | EUR | 2,200,000 | 0 | 0 | % | 92.336 | 2,031,402.34 | 0.06 |
| XS2299135819 XS2046595836 | 1.0000 % Danske Bank AS FLR MTN 21/31 0.5000 % Danske Bank AS FLR | EUR | 2,150,000 | 0 | 0 | % | 87.097 | 1,872,581.42 | 0.05 |
| XS2082333787 | Non-Pref. MTN 19/25 0.3000 % DekaBank Dt.Girozentrale | EUR | 5,000,000 | 0 | 0 | % | 95.171 | 4,758,526.50 | 0.13 |
| XS0969368934 | MTN Anl. Ausg.150 19/26 2.5000 % Deutsche Bahn Finance | EUR | 1,400,000 | 0 | 0 | % | 92.769 | 1,298,771.18 | 0.04 |
|  | GmbH MTN 13/23 | EUR | 3,100,000 | 0 | 0 | % | 101.614 | 3,150,047.64 | 0.09 |
| DE000DL19VT2 | 0.7500 % Deutsche Bank AG FLR MTN 21/27 | EUR | 2,200,000 | 0 | 0 | % | 88.459 | 1,946,099.32 | 0.05 |
| DE000DL19U23 DE000A3T0X22 | 1.6250 % Deutsche Bank AG MTN 20/27 0.2500 % Deutsche Pfandbriefbank | EUR | 2,500,000 | 0 | 0 | % | 89.531 | 2,238,269.25 | 0.06 |
|  | AG MTN R.35408 21/25 | EUR | 2,300,000 | 0 | 0 | % | 90.427 | 2,079,813.18 | 0.06 |
| XS0977496636 XS0525787874 | 2.7500 % Deutsche Post AG MTN 13/23 4.2500 % Deutsche Telekom | EUR | 5,000,000 | 0 | 0 | % | 101.833 | 5,091,653.00 | 0.14 |
| XS1382792197 | Intl Fin.B.V. MTN 10/22 0.6250 % Deutsche Telekom | EUR | 5,000,000 | 0 | 0 | % | 100.105 | 5,005,246.50 | 0.14 |
| XS1557095616 | Intl Fin.B.V. MTN 16/23 1.3750 % Deutsche Telekom | EUR | 3,100,000 | 0 | 0 | % | 99.786 | 3,093,354.53 | 0.09 |
|  | Intl Fin.B.V. MTN 17/27 | EUR | 5,000,000 | 0 | 0 | % | 95.561 | 4,778,027.50 | 0.13 |
| XS1348774644 XS1829348793 | 0.7500 % Dexia Crédit Local S.A. MTN 16/23 0.2500 % Dexia Crédit Local | EUR | 4,850,000 | 0 | 0 | % | 100.246 | 4,861,929.06 | 0.13 |
|  | S.A. MTN 18/23 Reg.S | EUR | 5,000,000 | 0 | 0 | % | 99.566 | 4,978,307.50 | 0.14 |
| XS1637162592 | 1.2000 % DH Europe Finance S.a.r.l. Notes 17/27 | EUR | 6,250,000 | 0 | 0 | % | 92.955 | 5,809,678.13 | 0.16 |
| XS2240063730 XS1396253236 | 0.1250 % Diageo Capital B.V. MTN 20/28 0.2500 % DNB Boligkreditt A.S. | EUR | 5,000,000 | 0 | 0 | % | 85.363 | 4,268,152.00 | 0.12 |
| DE000A13SWC0 | Mortg. Cov. MTN 16/23 0.5000 % Dt. Pfandbriefbank AG | EUR | 4,800,000 | 0 | 0 | % | 99.743 | 4,787,675.52 | 0.13 |
| DE000A3E5UY4 | MTN Hyp.-Pfe. R.15249 16/23 0.0100 % DZ HYP AG MTN | EUR | 5,500,000 | 0 | 0 | % | 100.088 | 5,504,848.25 | 0.15 |
| DE000A161ZQ3 | Hyp.-Pfe. R.1239 21/26 0.7500 % DZ HYP AG MTN Hyp.- | EUR | 5,000,000 | 0 | 0 | % | 92.657 | 4,632,850.00 | 0.13 |
| DE000A2GSP56 | Pfe. R.371 15/26 [WL] 0.8750 % DZ HYP AG MTN Hyp.- | EUR | 5,000,000 | 0 | 0 | % | 96.759 | 4,837,957.50 | 0.13 |
|  | Pfe. R.392 18/28 [WL] | EUR | 9,400,000 | 0 | 0 | % | 94.211 | 8,855,792.64 | 0.24 |
| XS2069380488 | 0.0000 % E.ON SE MTN 19/22 | EUR | 3,150,000 | 0 | 0 | % | 99.776 | 3,142,930.46 | 0.09 |
| XS2103015009 | 0.0000 % E.ON SE MTN 20/23 | EUR | 3,400,000 | 0 | 0 | % | 97.939 | 3,329,927.02 | 0.09 |
| XS2433244089 | 0.1250 % E.ON SE MTN 22/26 | EUR | 3,300,000 | 3,300,000 | 0 | % | 91.689 | 3,025,722.48 | 0.08 |
| XS1255433754 | 2.6250 % Ecolab Inc. Notes 15/25 | EUR | 5,000,000 | 0 | 0 | % | 101.237 | 5,061,849.50 | 0.14 |
| XS1721051495 XS1403388694 | 1.5000 % EDP Finance B.V. MTN 17/27 1.3750 % Enagás Financiaciones | EUR | 6,000,000 | 0 | 0 | % | 92.721 | 5,563,262.40 | 0.15 |
| XS2156607702 | S.A.U. MTN 16/28 0.6250 % EnBW International | EUR | 3,300,000 | 0 | 0 | % | 93.352 | 3,080,630.52 | 0.08 |
| XS2306986782 | Finance BV MTN 20/25 0.1250 % EnBW International | EUR | 5,000,000 | 0 | 0 | % | 94.971 | 4,748,572.00 | 0.13 |
|  | Finance BV MTN 21/28 | EUR | 3,300,000 | 0 | 0 | % | 83.161 | 2,744,318.28 | 0.08 |
| XS1937665955 | 1.5000 % ENEL Finance Intl N.V. MTN 19/25 | EUR | 2,000,000 | 0 | 0 | % | 97.708 | 1,954,153.20 | 0.05 |
| XS2432293673 | 0.2500 % ENEL Finance Intl N.V. MTN 22/25 | EUR | 5,400,000 | 5,400,000 | 0 | % | 92.466 | 4,993,145.64 | 0.14 |
| XS1713463559 | 3.3750 % ENEL S.p.A. FLR Cap. Secs 18/Und. | EUR | 5,000,000 | 0 | 0 | % | 88.457 | 4,422,854.50 | 0.12 |
| FR0012602761 | 1.0000 % Engie S.A. MTN 15/26 | EUR | 5,000,000 | 0 | 0 | % | 94.953 | 4,747,655.50 | 0.13 |
| FR0013455813 | 0.5000 % Engie S.A. MTN 19/30 | EUR | 4,900,000 | 0 | 0 | % | 80.511 | 3,945,039.00 | 0.11 |
| XS2242929532 | 2.6250 % ENI S.p.A. FLR Notes 20/Und. | EUR | 2,000,000 | 0 | 0 | % | 89.689 | 1,793,776.60 | 0.05 |
| XS1023703090 XS1346557637 | 3.6250 % ENI S.p.A. MTN 14/29 0.6250 % Erste Group Bank | EUR | 5,000,000 | 0 | 0 | % | 102.410 | 5,120,497.00 | 0.14 |
|  | AG MT Hyp.-Pfe. 16/23 | EUR | 4,800,000 | 0 | 0 | % | 100.165 | 4,807,932.96 | 0.13 |
| AT0000A2N837 EU000A1G0DC6 | 0.2500 % Erste Group Bank AG Pref. MTN 21/31 0.5000 % Europ.Fin.Stab.Facility | EUR | 3,600,000 | 0 | 0 | % | 76.249 | 2,744,973.72 | 0.08 |
| EU000A1G0EA8 | (EFSF) MTN 15/23 0.2000 % Europ.Fin.Stab.Facility | EUR | 10,000,000 | 0 | 0 | % | 100.171 | 10,017,145.00 | 0.28 |
| EU000A1G0ED2 | (EFSF) MTN 18/24 0.8750 % Europ.Fin.Stab.Facility | EUR | 20,000,000 | 0 | 0 | % | 98.844 | 19,768,804.00 | 0.54 |
|  | (EFSF) MTN 19/35 | EUR | 13,000,000 | 0 | 0 | % | 82.622 | 10,740,896.40 | 0.30 |
| EU000A284451 | 0.0000 % Europaeische Union MTN 20/25 | EUR | 800,000 | 0 | 0 | % | 95.746 | 765,967.92 | 0.02 |
| EU000A3KSXE1 | 0.0000 % Europaeische Union MTN 21/31 | EUR | 40,000,000 | 20,000,000 | 0 | % | 83.060 | 33,223,824.00 | 0.91 |

Explanations can be found in the footnotes below the table.

#### Investment portfolio at 30/06/2022
ISIN	Securities	Market	Shares/	Balance  Purchases  Redemptions	Price	Market value	% of net
Units/	30/06/2022	in EUR	assets
Currency	in the period under review
| EU000A1U9944 | 0.5000 % Europäischer Stabilitäts. |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS1280834992 | (ESM) MTN 16/26 0.5000 % European Investment | EUR | 20,000,000 | 0 | 0 | % | 96.541 | 19,308,186.00 | 0.53 |
| XS1950839677 | Bank MTN 15/23 0.0500 % European Investment | EUR | 20,000,000 | 0 | 0 | % | 99.539 | 19,907,740.00 | 0.55 |
| XS1938387237 | Bank MTN 19/24 0.6250 % European Investment | EUR | 15,300,000 | 0 | 0 | % | 98.010 | 14,995,556.01 | 0.41 |
|  | Bank MTN 19/29 | EUR | 12,000,000 | 0 | 0 | % | 92.294 | 11,075,312.40 | 0.30 |
| BE0002826072 BE0002831122 | 0.3000 % Flaemische Gemeinschaft MTN 21/31 0.6250 % Fluvius System Operator | EUR | 2,600,000 | 0 | 0 | % | 84.381 | 2,193,909.38 | 0.06 |
|  | CVBA MTN 21/31 | EUR | 2,900,000 | 0 | 0 | % | 75.293 | 2,183,483.95 | 0.06 |
| XS1956028168 DE000A1680J6 | 0.8750 % Fortum Oyj MTN 19/23 0.5000 % Freie Hansestadt Bremen | EUR | 2,100,000 | 0 | 0 | % | 99.143 | 2,082,011.40 | 0.06 |
| DE000A1680L2 | Landessch. Ausg.201 15/22 0.3750 % Freie Hansestadt Bremen | EUR | 6,000,000 | 0 | 0 | % | 100.149 | 6,008,943.60 | 0.17 |
| DE000A1YCQK7 | Landessch. Ausg.203 16/24 0.5000 % Freie u.Hansestadt Hamburg | EUR | 10,000,000 | 0 | 0 | % | 98.851 | 9,885,075.00 | 0.27 |
| XS2325565104 | Landessch. Ausg.2 16/26 0.5000 % Fresenius Finance | EUR | 10,000,000 | 0 | 0 | % | 95.943 | 9,594,250.00 | 0.26 |
|  | Ireland PLC MTN 21/28 | EUR | 5,000,000 | 0 | 0 | % | 81.858 | 4,092,903.50 | 0.11 |
| XS1936208419 XS1485748393 | 2.8750 % Fresenius SE & Co. KGaA MTN 19/29 0.9550 % General Motors | EUR | 5,000,000 | 0 | 0 | % | 95.068 | 4,753,400.00 | 0.13 |
| XS2049548444 | Financial Co. MTN 16/23 0.2000 % General Motors | EUR | 10,000,000 | 0 | 0 | % | 98.526 | 9,852,550.00 | 0.27 |
| XS1939356645 | Financial Co. MTN 19/22 2.2000 % General Motors | EUR | 2,150,000 | 0 | 0 | % | 99.838 | 2,146,511.20 | 0.06 |
| XS2307768734 | Financial Co. MTN 19/24 0.6000 % General Motors | EUR | 1,900,000 | 0 | 0 | % | 99.062 | 1,882,173.63 | 0.05 |
|  | Financial Co. MTN 21/27 | EUR | 1,800,000 | 0 | 0 | % | 83.454 | 1,502,177.22 | 0.04 |
| XS1147605791 | 1.3750 % GlaxoSmithKline Cap. PLC MTN 14/24 | EUR | 5,000,000 | 0 | 0 | % | 99.261 | 4,963,046.00 | 0.14 |
| XS1529515584 | 1.5000 % HeidelbergCement AG MTN 16/25 | EUR | 1,300,000 | 0 | 0 | % | 96.546 | 1,255,102.42 | 0.03 |
| XS1330434389 | 1.5000 % Heineken N.V. MTN 15/24 | EUR | 3,000,000 | 0 | 0 | % | 98.959 | 2,968,777.20 | 0.08 |
| XS1401174633 | 1.0000 % Heineken N.V. MTN 16/26 | EUR | 4,850,000 | 0 | 0 | % | 94.357 | 4,576,315.47 | 0.13 |
| XS1527192485 AT0000A2RY95 | 1.3750 % Heineken N.V. MTN 16/27 0.1250 % HYPO NOE LB f. Nied.u.Wien | EUR | 1,300,000 | 0 | 0 | % | 94.680 | 1,230,845.59 | 0.03 |
|  | AG MT Mor.Cov.Nts 21/31 | EUR | 5,000,000 | 0 | 0 | % | 82.040 | 4,102,024.50 | 0.11 |
| XS1527758145 XS1398476793 | 1.0000 % Iberdrola Finanzas S.A. MTN 16/24 1.1250 % Iberdrola International | EUR | 1,900,000 | 0 | 0 | % | 99.606 | 1,892,507.92 | 0.05 |
|  | B.V. MTN 16/26 | EUR | 3,300,000 | 0 | 0 | % | 96.772 | 3,193,469.07 | 0.09 |
| XS1796079488 | 2.0000 % ING Groep N.V. FLR MTN 18/30 | EUR | 4,800,000 | 0 | 0 | % | 94.298 | 4,526,319.84 | 0.12 |
| XS2049154078 | 0.1000 % ING Groep N.V. FLR MTN 19/25 | EUR | 2,200,000 | 0 | 0 | % | 94.305 | 2,074,718.36 | 0.06 |
| XS2079079799 XS2022424993 | 1.0000 % ING Groep N.V. FLR MTN 19/30 1.7500 % Intesa Sanpaolo | EUR | 1,800,000 | 0 | 0 | % | 89.110 | 1,603,983.96 | 0.04 |
| XS1843459782 | S.p.A. Pref. MTN 19/29 1.8000 % Intl Flavors & Fragrances | EUR | 5,000,000 | 0 | 0 | % | 86.381 | 4,319,036.00 | 0.12 |
|  | Inc. Notes 18/26 | EUR | 5,000,000 | 0 | 0 | % | 94.181 | 4,709,069.50 | 0.13 |
| XS2433136194 XS2231330965 | 0.6250 % Israel MTN 22/32 0.3750 % John.Cont.Intl/Tyco | EUR | 6,000,000 | 6,000,000 | 0 | % | 80.224 | 4,813,418.40 | 0.13 |
| XS2123320033 | F.+Sec.F. Notes 20/27 0.3890 % JPMorgan Chase & | EUR | 5,000,000 | 0 | 0 | % | 84.589 | 4,229,430.50 | 0.12 |
|  | Co. FLR MTN 20/28 | EUR | 3,300,000 | 0 | 0 | % | 87.746 | 2,895,620.97 | 0.08 |
| XS1174469137 | 1.5000 % JPMorgan Chase & Co. MTN 15/25 | EUR | 5,000,000 | 0 | 0 | % | 98.080 | 4,903,989.00 | 0.13 |
| XS1402921412 | 1.5000 % JPMorgan Chase & Co. MTN 16/26 | EUR | 3,150,000 | 0 | 0 | % | 94.408 | 2,973,850.43 | 0.08 |
| FR0013165677 | 1.2500 % Kering S.A. MTN 16/26 | EUR | 2,000,000 | 0 | 0 | % | 96.423 | 1,928,459.40 | 0.05 |
| BE0000352618 | 0.0000 % Koenigreich Belgien Bons d’Etat 21/31 | EUR | 30,000,000 | 0 | 0 | % | 83.346 | 25,003,875.00 | 0.69 |
| ES0000012H41 | 0.1000 % Koenigreich Spanien Bonos 21/31 | EUR | 39,200,000 | 5,000,000 | 10,000,000 | % | 82.229 | 32,233,638.64 | 0.89 |
| BE0000332412 | 2.6000 % Königreich Belgien Obl. Lin. S.72 14/24 | EUR | 10,000,000 | 0 | 0 | % | 103.578 | 10,357,790.00 | 0.29 |
| BE0000341504 | 0.8000 % Königreich Belgien Obl. Lin. S.81 17/27 | EUR | 28,000,000 | 0 | 0 | % | 97.233 | 27,225,136.40 | 0.75 |
| NL0014555419 | 0.0000 % Königreich Niederlande Anl. 20/30 | EUR | 16,000,000 | 0 | 0 | % | 88.027 | 14,084,318.40 | 0.39 |
| ES00000123X3 | 4.4000 % Königreich Spanien Bonos 13/23 | EUR | 28,500,000 | 0 | 30,000,000 | % | 104.615 | 29,815,275.00 | 0.82 |
| ES00000126Z1 | 1.6000 % Königreich Spanien Bonos 15/25 | EUR | 35,000,000 | 0 | 12,000,000 | % | 100.734 | 35,256,900.00 | 0.97 |
| ES0000012B39 ES00000128H5 | 1.4000 % Königreich Spanien Bonos 18/28 1.3000 % Königreich Spanien | EUR | 60,000,000 | 0 | 0 | % | 97.134 | 58,280,394.00 | 1.61 |
|  | Obligaciones 16/26 | EUR | 36,000,000 | 0 | 0 | % | 98.570 | 35,485,200.00 | 0.98 |
| DE000A11QTD2 | 0.6250 % Kreditanst.f.Wiederaufbau Anl. 15/25 | EUR | 40,000,000 | 0 | 0 | % | 98.770 | 39,508,036.00 | 1.09 |

Explanations can be found in the footnotes below the table.

#### Investment portfolio at 30/06/2022
ISIN	Securities	Market	Shares/	Balance  Purchases  Redemptions	Price	Market value	% of net
Units/	30/06/2022	in EUR	assets
Currency	in the period under review
| DE000A168Y22 | 0.3750 % Kreditanst.f.Wiederaufbau Anl. 16/23 | EUR | 15,000,000 | 0 | 0 | % | 100.053 | 15,007,881.00 | 0.41 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| DE000A11QTF7 ES0343307015 | 0.3750 % Kreditanst.f.Wiederaufbau MTN 15/30 0.5000 % Kutxabank S.A. Non- | EUR | 20,000,000 | 0 | 0 | % | 88.592 | 17,718,428.00 | 0.49 |
| FR0013090578 | Preferred Bonos 19/24 0.5000 % La Banq. Postale Home | EUR | 5,000,000 | 0 | 0 | % | 95.307 | 4,765,363.50 | 0.13 |
|  | Loan SFH MT Obl.FinHab 16/23 | EUR | 3,850,000 | 0 | 0 | % | 100.106 | 3,854,070.99 | 0.11 |
| FR0014001R34 FR0013518024 | 0.7500 % La Banque Postale FLR MTN 21/32 0.5000 % La Banque Postale | EUR | 2,100,000 | 0 | 0 | % | 80.808 | 1,696,975.98 | 0.05 |
| DE000NRW0KB3 | FLR Non-Pref. MTN 20/26 0.5000 % Land Nordrhein-Westfalen | EUR | 5,000,000 | 0 | 0 | % | 92.819 | 4,640,956.00 | 0.13 |
| DE000RLP0736 | MT Landessch.R.1435 17/27 0.1250 % Land Rheinland- | EUR | 10,000,000 | 0 | 0 | % | 95.118 | 9,511,809.00 | 0.26 |
| DE000RLP0728 | Pfalz Landessch. 16/22 0.7500 % Land Rheinland- | EUR | 6,000,000 | 0 | 0 | % | 99.836 | 5,990,173.20 | 0.16 |
| XS2080581189 | Pfalz Landessch. 16/26 0.1250 % Lb.Hessen-Thüringen | EUR | 5,000,000 | 0 | 0 | % | 97.350 | 4,867,484.00 | 0.13 |
| DE000LB2V833 | GZ MTN IHS S.H339 19/24 0.3750 % Ldsbk Baden-Wuerttemb. | EUR | 4,400,000 | 0 | 0 | % | 95.664 | 4,209,194.88 | 0.12 |
|  | MTN S.826 21/28 | EUR | 4,000,000 | 0 | 0 | % | 84.746 | 3,389,826.00 | 0.09 |
| XS1397134609 | 1.0000 % Linde Finance B.V. MTN 16/28 | EUR | 5,150,000 | 0 | 0 | % | 92.184 | 4,747,481.67 | 0.13 |
| XS1795392502 XS2148623106 | 0.6250 % Lloyds Bank PLC MT Cov. Bds 18/25 3.5000 % Lloyds Banking Group | EUR | 7,550,000 | 0 | 0 | % | 97.313 | 7,347,109.61 | 0.20 |
| FR0013405347 | PLC FLR MTN 20/26 0.1250 % LVMH Moët Henn. L. | EUR | 5,000,000 | 0 | 0 | % | 100.878 | 5,043,875.00 | 0.14 |
| FR0013482833 | Vuitton SE MTN 19/23 0.1250 % LVMH Moët Henn. L. | EUR | 1,300,000 | 0 | 0 | % | 99.865 | 1,298,246.43 | 0.04 |
|  | Vuitton SE MTN 20/28 | EUR | 5,300,000 | 0 | 0 | % | 88.637 | 4,697,785.38 | 0.13 |
| XS2265371042 | 0.3500 % Macquarie Group Ltd. MTN 20/28 | EUR | 5,000,000 | 0 | 0 | % | 82.914 | 4,145,712.00 | 0.11 |
| XS2343850033 XS2227196404 | 0.9500 % Macquarie Group Ltd. MTN 21/31 1.0000 % Mediobanca - Bca Cred. | EUR | 2,000,000 | 0 | 0 | % | 77.178 | 1,543,550.00 | 0.04 |
|  | Fin. SpA Preferred MTN 20/27 | EUR | 5,000,000 | 0 | 0 | % | 87.436 | 4,371,801.50 | 0.12 |
| DE000A289XJ2 XS2102916793 | 2.0000 % Mercedes-Benz Int.Fin. B.V.MTN 20/26 0.1250 % Merck Financial Services | EUR | 5,000,000 | 0 | 0 | % | 98.474 | 4,923,711.00 | 0.14 |
|  | GmbH MTN 20/25 | EUR | 1,800,000 | 0 | 0 | % | 94.402 | 1,699,233.12 | 0.05 |
| XS2292263121 | 0.4970 % Morgan Stanley FLR MTN S.J 21/31 | EUR | 3,800,000 | 0 | 0 | % | 79.567 | 3,023,548.28 | 0.08 |
| XS1379171140 DE000MHB64E1 | 1.7500 % Morgan Stanley MTN 16/24 0.3750 % Muenchener Hypothekenbank | EUR | 6,650,000 | 0 | 0 | % | 99.382 | 6,608,922.95 | 0.18 |
|  | MTN IHS S.1927 21/29 | EUR | 4,600,000 | 0 | 0 | % | 81.831 | 3,764,223.24 | 0.10 |
| XS1548533329 XS2385790667 | 0.6250 % Municipality Finance PLC MTN 17/26 0.2500 % Nationwide Building | EUR | 6,000,000 | 0 | 0 | % | 95.479 | 5,728,733.40 | 0.16 |
|  | Society MTN 21/28 | EUR | 5,000,000 | 0 | 0 | % | 83.626 | 4,181,321.00 | 0.12 |
| XS1396767854 | 1.2500 % Naturgy Finance B.V. MTN 16/26 | EUR | 1,000,000 | 0 | 0 | % | 94.209 | 942,089.40 | 0.03 |
| XS1551446880 | 1.3750 % Naturgy Finance B.V. MTN 17/27 | EUR | 3,800,000 | 0 | 0 | % | 93.423 | 3,550,055.00 | 0.10 |
| XS2150006646 | 2.7500 % NatWest Markets PLC MTN 20/25 | EUR | 5,000,000 | 0 | 0 | % | 100.405 | 5,020,254.00 | 0.14 |
| XS1409382030 XS1346315382 | 1.0000 % Nederlandse Gasunie, N.V. MTN 16/26 0.5000 % Nederlandse | EUR | 2,700,000 | 0 | 0 | % | 95.431 | 2,576,626.20 | 0.07 |
| XS2411638575 | Waterschapsbank NV MTN 16/23 0.1250 % NIBC Bank N.V. MT | EUR | 10,000,000 | 0 | 0 | % | 100.126 | 10,012,636.00 | 0.28 |
|  | Mortg.Cov. Bds 21/30 | EUR | 5,400,000 | 0 | 0 | % | 83.571 | 4,512,836.70 | 0.12 |
| XS2432361421 | 0.8750 % NIBC Bank N.V. MTN 22/27 | EUR | 6,700,000 | 6,700,000 | 0 | % | 84.810 | 5,682,272.68 | 0.16 |
| XS2023631489 | 0.8750 % NIBC Bank N.V. Preferred MTN 19/25 | EUR | 5,000,000 | 0 | 0 | % | 93.312 | 4,665,578.50 | 0.13 |
| XS2411166973 DE000DHY4614 | 0.8750 % NN Group N.V. MTN 21/31 0.2500 % Norddte Ldsbk -GZ- | EUR | 4,500,000 | 0 | 0 | % | 79.732 | 3,587,917.50 | 0.10 |
|  | MTN Hyp.-Pfe. S.461 16/23 | EUR | 6,000,000 | 0 | 0 | % | 99.866 | 5,991,987.60 | 0.16 |
| XS1189263400 | 1.1250 % Nordea Bank Abp MTN 15/25 | EUR | 5,100,000 | 0 | 0 | % | 97.504 | 4,972,718.28 | 0.14 |
| XS1368470156 | 1.0000 % Nordea Bank Abp MTN 16/23 | EUR | 6,000,000 | 0 | 0 | % | 100.179 | 6,010,759.80 | 0.17 |
| XS1585010074 DK0009526998 | 1.1250 % Novartis Finance S.A. Notes 17/27 0.7500 % Nykredit Realkredit A/S | EUR | 5,000,000 | 0 | 0 | % | 95.669 | 4,783,443.50 | 0.13 |
|  | Non-Preferred MTN 20/27 | EUR | 5,000,000 | 0 | 0 | % | 88.990 | 4,449,500.00 | 0.12 |
| XS1956022716 | 0.3750 % OP Yrityspankki Oyj MTN 19/24 | EUR | 1,600,000 | 0 | 0 | % | 97.800 | 1,564,800.80 | 0.04 |
| XS1408317433 | 1.0000 % Orange S.A. MTN 16/25 | EUR | 5,600,000 | 0 | 0 | % | 96.655 | 5,412,702.96 | 0.15 |
| FR0013534484 | 0.1250 % Orange S.A. MTN 20/29 | EUR | 5,000,000 | 0 | 0 | % | 82.807 | 4,140,350.00 | 0.11 |
| FR0013456423 | 0.0000 % Pernod-Ricard S.A. Bonds 19/23 | EUR | 2,100,000 | 0 | 0 | % | 98.282 | 2,063,914.65 | 0.06 |
| XS2049582625 | 0.2500 % Prologis Euro Finance LLC Notes 19/27 | EUR | 2,000,000 | 0 | 0 | % | 85.145 | 1,702,899.40 | 0.05 |
| FR0013250693 | 1.6250 % RCI Banque S.A. MTN 17/25 | EUR | 5,000,000 | 0 | 0 | % | 95.051 | 4,752,556.50 | 0.13 |

Explanations can be found in the footnotes below the table.

#### Investment portfolio at 30/06/2022
| ISIN | Securities | Market | Shares/ Units/ Currency | Balance Purchases Redemptions 30/06/2022 in the period under review | Price | Market value in EUR | % of net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| XS1079698376 | 2.1250 % Red Eléctrica Financ. S.A.U. MTN 14/23 | EUR | 5,000,000 | 0 | 0 | % | 101.007 | 5,050,358.50 | 0.14 |
| XS1384281090 | 1.3750 % RELX Finance B.V. Notes 16/26 | EUR | 6,250,000 | 0 | 0 | % | 95.715 | 5,982,206.88 | 0.16 |
| XS2126162069 | 0.8750 % RELX Finance B.V. Notes 20/32 | EUR | 5,000,000 | 0 | 0 | % | 79.953 | 3,997,646.00 | 0.11 |
| XS1753814737 | 1.7500 % REN Finance B.V. MTN 18/28 | EUR | 3,000,000 | 0 | 0 | % | 93.708 | 2,811,238.80 | 0.08 |
| FR0011962398 | 1.7500 % Rep. Frankreich OAT 14/24 | EUR | 67,300,000 | 30,000,000 | 0 | % | 101.887 | 68,569,951.00 | 1.90 |
| FR0011883966 | 2.5000 % Rep. Frankreich OAT 14/30 | EUR | 55,000,000 | 20,000,000 | 0 | % | 105.993 | 58,296,150.00 | 1.61 |
| FR0013200813 | 0.2500 % Rep. Frankreich OAT 16/26 | EUR | 20,000,000 | 0 | 0 | % | 95.352 | 19,070,434.00 | 0.52 |
| FR0013250560 | 1.0000 % Rep. Frankreich OAT 16/27 | EUR | 20,000,000 | 0 | 0 | % | 98.205 | 19,641,000.00 | 0.54 |
| FR0013286192 | 0.7500 % Rep. Frankreich OAT 17/28 | EUR | 30,500,000 | 0 | 0 | % | 95.683 | 29,183,315.00 | 0.80 |
| FR0013344751 | 0.0000 % Rep. Frankreich OAT 18/24 | EUR | 20,000,000 | 20,000,000 | 0 | % | 98.909 | 19,781,850.00 | 0.54 |
| FR0013407236 | 0.5000 % Rep. Frankreich OAT 18/29 | EUR | 39,300,000 | 0 | 0 | % | 92.742 | 36,447,704.25 | 1.00 |
| FR0014002WK3 | 0.0000 % Rep. Frankreich OAT 20/31 | EUR | 47,000,000 | 20,000,000 | 40,000,000 | % | 83.627 | 39,304,685.30 | 1.08 |
| XS1432493440 | 3.7500 % Republik Indonesien MTN 16/28 Reg.S | EUR | 5,000,000 | 0 | 0 | % | 98.469 | 4,923,444.50 | 0.14 |
| XS2015295814 | 0.1000 % Republik Island MTN 19/24 | EUR | 1,600,000 | 0 | 0 | % | 96.533 | 1,544,520.00 | 0.04 |
| IT0004356843 | 4.7500 % Republik Italien B.T.P. 08/23 | EUR | 33,600,000 | 0 | 0 | % | 104.193 | 35,008,680.00 | 0.96 |
| IT0004889033 | 4.7500 % Republik Italien B.T.P. 13/28 | EUR | 27,000,000 | 27,000,000 | 0 | % | 111.166 | 30,014,685.00 | 0.83 |
| IT0005090318 | 1.5000 % Republik Italien B.T.P. 15/25 | EUR | 57,600,000 | 0 | 10,000,000 | % | 98.889 | 56,960,208.00 | 1.58 |
| IT0005282527 | 1.4500 % Republik Italien B.T.P. 17/24 | EUR | 40,000,000 | 20,000,000 | 0 | % | 99.445 | 39,777,892.00 | 1.10 |
| IT0005240830 | 2.2000 % Republik Italien B.T.P. 17/27 | EUR | 47,000,000 | 0 | 12,000,000 | % | 98.790 | 46,431,300.00 | 1.28 |
| IT0005323032 | 2.0000 % Republik Italien B.T.P. 18/28 | EUR | 41,000,000 | 0 | 20,000,000 | % | 96.901 | 39,729,410.00 | 1.09 |
| IT0005422891 | 0.9000 % Republik Italien B.T.P. 20/31 | EUR | 27,000,000 | 27,000,000 | 0 | % | 82.609 | 22,304,459.70 | 0.61 |
| IT0005466013 | 0.9500 % Republik Italien B.T.P. 21/32 | EUR | 30,000,000 | 30,000,000 | 0 | % | 80.090 | 24,027,000.00 | 0.66 |
| XS2376820259 | 0.0000 % Republik Korea Notes 21/26 | EUR | 950,000 | 0 | 0 | % | 91.880 | 872,860.29 | 0.02 |
| XS2361416915 | 0.0000 % Republik Lettland MTN 21/29 | EUR | 1,350,000 | 0 | 0 | % | 84.095 | 1,135,282.50 | 0.03 |
| XS2317123052 | 0.0000 % Republik Lettland MTN 21/31 | EUR | 3,500,000 | 0 | 0 | % | 79.751 | 2,791,297.60 | 0.08 |
| AT0000A185T1 | 1.6500 % Republik Österreich Bundesanl. 14/24 | EUR | 10,500,000 | 0 | 0 | % | 102.033 | 10,713,419.85 | 0.29 |
| AT0000A1K9C8 | 0.7500 % Republik Österreich Bundesanl. 16/26 | EUR | 30,000,000 | 0 | 0 | % | 97.857 | 29,357,034.00 | 0.81 |
| XS1015428821 | 3.0000 % Republik Polen MTN 14/24 | EUR | 5,000,000 | 0 | 0 | % | 102.201 | 5,110,069.00 | 0.14 |
| PTOTEKOE0011 | 2.8750 % Republik Portugal Obr. 15/25 | EUR | 36,000,000 | 0 | 0 | % | 104.987 | 37,795,320.00 | 1.04 |
| PTOTEXOE0024 | 1.9500 % Republik Portugal Obr. 19/29 | EUR | 10,000,000 | 0 | 0 | % | 99.881 | 9,988,100.00 | 0.27 |
| PTOTELOE0028 | 0.4750 % Republik Portugal Obr. 20/30 | EUR | 5,000,000 | 0 | 10,000,000 | % | 86.865 | 4,343,249.50 | 0.12 |
| XS1060842975 | 3.6250 % Republik Rumänien MTN 14/24 | EUR | 5,000,000 | 0 | 0 | % | 101.803 | 5,090,151.50 | 0.14 |
| XS1934867547 | 2.0000 % Republik Rumänien MTN 19/26 Reg.S | EUR | 5,000,000 | 0 | 0 | % | 89.531 | 4,476,560.50 | 0.12 |
| XS1371715118 | 0.5000 % Roche Finance Europe B.V. MTN 16/23 | EUR | 4,600,000 | 0 | 0 | % | 99.983 | 4,599,210.64 | 0.13 |
| XS2031862076 FR0013445137 | 0.1250 % Royal Bank of Canada MTN 19/24 0.0000 % RTE Réseau de | EUR | 5,000,000 | 0 | 0 | % | 95.998 | 4,799,916.50 | 0.13 |
|  | Transp.d’Electr. MTN 19/27 | EUR | 2,700,000 | 0 | 0 | % | 87.374 | 2,359,089.63 | 0.06 |
| XS1888184121 | 2.2500 % Sampo OYJ MTN 18/30 | EUR | 3,000,000 | 0 | 0 | % | 94.472 | 2,834,158.80 | 0.08 |
| FR0011625433 | 2.5000 % Sanofi S.A. MTN 13/23 | EUR | 4,200,000 | 0 | 0 | % | 101.573 | 4,266,049.20 | 0.12 |
| FR0013144003 XS2050945984 | 1.1250 % Sanofi S.A. MTN 16/28 0.1250 % Santander Consumer | EUR | 4,600,000 | 0 | 0 | % | 94.234 | 4,334,786.54 | 0.12 |
| XS1955187692 | Bank AS MTN 19/24 0.3000 % Siemens Finan. | EUR | 1,300,000 | 0 | 0 | % | 95.305 | 1,238,962.79 | 0.03 |
| XS2049616548 | maatschappij NV MTN 19/24 0.0000 % Siemens Finan. | EUR | 1,300,000 | 0 | 0 | % | 98.488 | 1,280,341.66 | 0.04 |
| XS2118280218 | maatschappij NV MTN 19/24 0.0000 % Siemens Finan. | EUR | 1,350,000 | 0 | 0 | % | 96.707 | 1,305,543.29 | 0.04 |
| XS2404247384 | maatschappij NV MTN 20/26 0.7500 % Skandinaviska Enskilda | EUR | 4,100,000 | 0 | 0 | % | 92.551 | 3,794,601.25 | 0.10 |
| XS2356049069 | Banken FLR MTN 21/31 0.3750 % Skandinaviska Enskilda | EUR | 2,600,000 | 0 | 0 | % | 87.231 | 2,268,014.06 | 0.06 |
|  | Banken Non-Pref. MTN 21/28 | EUR | 5,000,000 | 0 | 0 | % | 83.715 | 4,185,764.50 | 0.12 |
| XS1555402145 | 1.2500 % Snam S.p.A. MTN 17/25 | EUR | 1,725,000 | 0 | 3,275,000 | % | 97.781 | 1,686,725.01 | 0.05 |
| XS1938381628 FR0013311503 | 0.8750 % SNCF Réseau S.A. MTN 19/29 1.1250 % Société Générale S.A. | EUR | 5,300,000 | 0 | 0 | % | 93.669 | 4,964,451.70 | 0.14 |
| FR0013448859 | Non-Preferred MTN 18/25 0.8750 % Société Générale S.A. | EUR | 5,000,000 | 0 | 0 | % | 96.328 | 4,816,378.00 | 0.13 |
| FR0013486701 | Non-Preferred MTN 19/29 0.1250 % Société Générale S.A. | EUR | 6,800,000 | 0 | 0 | % | 80.727 | 5,489,407.44 | 0.15 |
| FR0013094869 | Preferred MTN 20/26 0.5000 % Société Générale SFH | EUR | 3,300,000 | 0 | 0 | % | 91.373 | 3,015,324.18 | 0.08 |
| FR00140067I3 | S.A. MT Obl.Fin.Hab. 16/23 0.0100 % Société Générale SFH | EUR | 3,900,000 | 0 | 0 | % | 100.056 | 3,902,189.46 | 0.11 |
|  | S.A. MT Obl.Fin.Hab. 21/29 | EUR | 4,100,000 | 0 | 0 | % | 85.419 | 3,502,195.81 | 0.10 |
| BE6282460615 | 2.7500 % Solvay S.A. Notes 15/27 | EUR | 5,000,000 | 0 | 0 | % | 95.231 | 4,761,527.00 | 0.13 |

Explanations can be found in the footnotes below the table.

#### Investment portfolio at 30/06/2022
ISIN	Securities	Market	Shares/	Balance  Purchases  Redemptions	Price	Market value	% of net
Units/	30/06/2022	in EUR	assets
Currency	in the period under review
| XS1377237869 | 0.3750 % SpareBank 1 Boligkreditt |  |
| --- | --- | --- |
| XS1344895450 | AS MT Mortg.Cov.Bds 16/23 0.7500 % SR-Boligkreditt A.S. | EUR | 5,700,000 | 0 | 0 | % | 99.911 | 5,694,912.75 | 0.16 |
| XS2312584779 | Mortg. Covered MTN 16/23 0.0100 % SR-Boligkreditt A.S. | EUR | 5,000,000 | 0 | 0 | % | 100.168 | 5,008,414.50 | 0.14 |
|  | Mortg. Covered MTN 21/31 | EUR | 4,350,000 | 0 | 0 | % | 81.963 | 3,565,402.25 | 0.10 |
| XS1368543135 XS2102360315 | 0.3750 % Stadshypotek AB MT Hyp.-Pfe. 16/23 0.8500 % Standard Chartered | EUR | 5,350,000 | 0 | 0 | % | 99.902 | 5,344,782.15 | 0.15 |
|  | PLC FLR MTN 20/28 | EUR | 3,450,000 | 0 | 0 | % | 87.704 | 3,025,778.00 | 0.08 |
| XS2199351375 XS1524573752 | 4.5000 % Stellantis N.V. MTN 20/28 1.2500 % Südzucker Intl Finance | EUR | 5,000,000 | 0 | 0 | % | 101.198 | 5,059,898.50 | 0.14 |
| XS1795254025 | B.V. Notes 16/23 0.5000 % Svenska Handelsbanken | EUR | 2,150,000 | 0 | 0 | % | 99.168 | 2,132,103.40 | 0.06 |
| XS2121207828 | AB MTN 18/23 0.5000 % Svenska Handelsbanken | EUR | 5,900,000 | 0 | 0 | % | 99.738 | 5,884,515.45 | 0.16 |
| XS2343563214 | AB Non-Pref. MTN 20/30 0.3000 % Swedbank AB Non- | EUR | 4,250,000 | 0 | 0 | % | 80.302 | 3,412,843.08 | 0.09 |
| XS2282210231 | Preferred FLR MTN 21/27 0.2000 % Swedbank AB Non- | EUR | 5,000,000 | 0 | 0 | % | 89.786 | 4,489,306.00 | 0.12 |
|  | Preferred MTN 21/28 | EUR | 5,000,000 | 0 | 0 | % | 83.367 | 4,168,344.50 | 0.11 |
| XS2404027935 XS2197348597 | 0.2500 % Swedbank AB Preferred MTN 21/26 1.0000 % Takeda Pharmaceutical | EUR | 2,800,000 | 0 | 0 | % | 90.117 | 2,523,280.76 | 0.07 |
|  | Co. Ltd. Notes 20/29 | EUR | 5,000,000 | 0 | 0 | % | 86.390 | 4,319,489.00 | 0.12 |
| XS2056395606 | 0.0000 % Telenor ASA MTN 19/23 | EUR | 1,800,000 | 0 | 0 | % | 98.307 | 1,769,533.74 | 0.05 |
| XS2117452156 | 0.2500 % Telenor ASA MTN 20/28 | EUR | 2,000,000 | 0 | 0 | % | 87.711 | 1,754,218.20 | 0.05 |
| XS1241581096 | 1.7500 % TenneT Holding B.V. MTN 15/27 | EUR | 5,000,000 | 0 | 0 | % | 97.257 | 4,862,858.00 | 0.13 |
| XS2049707180 | 0.1250 % The Bank of Nova Scotia MTN 19/26 | EUR | 3,750,000 | 0 | 0 | % | 88.913 | 3,334,254.75 | 0.09 |
| XS2122485845 XS1074144871 | 0.5000 % The Dow Chemical Co. Notes 20/27 2.8750 % The Goldman Sachs | EUR | 5,000,000 | 0 | 0 | % | 88.492 | 4,424,598.00 | 0.12 |
| XS1796209010 | Group Inc. MTN 14/26 2.0000 % The Goldman Sachs | EUR | 5,000,000 | 0 | 0 | % | 99.155 | 4,957,761.50 | 0.14 |
| XS1314318301 | Group Inc. MTN 18/28 1.1250 % The Procter & Gamble | EUR | 5,100,000 | 0 | 0 | % | 92.112 | 4,697,693.64 | 0.13 |
| XS1401105587 | Co. Bonds 15/23 0.3750 % The Toronto-Dominion | EUR | 5,000,000 | 0 | 0 | % | 99.808 | 4,990,386.00 | 0.14 |
| XS2432502008 | Bank MT Cov. Bds 16/23 0.5000 % The Toronto-Dominion | EUR | 3,100,000 | 0 | 0 | % | 99.763 | 3,092,665.71 | 0.09 |
| XS1405775708 | Bank MTN 22/27 0.7500 % Thermo Fisher Scientific | EUR | 6,950,000 | 6,950,000 | 0 | % | 89.433 | 6,215,603.93 | 0.17 |
| XS2058556296 | Inc. Notes 16/24 0.1250 % Thermo Fisher Scientific | EUR | 5,000,000 | 0 | 0 | % | 97.601 | 4,880,069.00 | 0.13 |
|  | Inc. Notes 19/25 | EUR | 1,400,000 | 0 | 0 | % | 95.015 | 1,330,203.84 | 0.04 |
| XS2290960520 | 1.6250 % TotalEnergies SE FLR MTN 21/Und. | EUR | 2,850,000 | 0 | 0 | % | 80.277 | 2,287,882.82 | 0.06 |
| XS2432130610 XS2400997131 | 2.0000 % TotalEnergies SE FLR MTN 22/Und. 0.0000 % Toyota Motor Finance | EUR | 5,400,000 | 5,400,000 | 0 | % | 85.267 | 4,604,422.32 | 0.13 |
| XS1109744778 | (Neth.)BV MTN 21/25 1.8750 % Transurban Finance | EUR | 2,000,000 | 0 | 0 | % | 92.099 | 1,841,980.20 | 0.05 |
| XS1997077364 | Co. Pty Ltd MTN 14/24 1.4500 % Transurban Finance | EUR | 5,000,000 | 0 | 0 | % | 99.556 | 4,977,800.00 | 0.14 |
| XS2114807691 | Co. Pty Ltd MTN 19/29 0.0000 % Tyco Electronics | EUR | 4,700,000 | 0 | 0 | % | 88.449 | 4,157,091.72 | 0.11 |
|  | Group S.A. Notes 20/25 | EUR | 2,300,000 | 0 | 0 | % | 94.707 | 2,178,260.08 | 0.06 |
| CH0520042489 | 0.2500 % UBS Group AG FLR Notes 20/26 | EUR | 2,500,000 | 0 | 0 | % | 93.255 | 2,331,380.00 | 0.06 |
| CH0595205524 | 0.2500 % UBS Group AG MTN 21/28 | EUR | 5,000,000 | 0 | 0 | % | 83.426 | 4,171,304.00 | 0.11 |
| XS1696445516 | 1.7500 % Ungarn Bonds 17/27 | EUR | 5,000,000 | 0 | 0 | % | 90.221 | 4,511,058.00 | 0.12 |
| XS1887498282 FR0013405032 | 1.2500 % Ungarn Bonds 18/25 1.0000 % Unibail-Rodamco- | EUR | 5,000,000 | 0 | 0 | % | 95.668 | 4,783,379.00 | 0.13 |
| DE000HV2ASU1 | Westfield SE MTN 19/27 0.0100 % UniCredit Bank AG HVB | EUR | 1,900,000 | 0 | 0 | % | 86.601 | 1,645,424.51 | 0.05 |
| XS2360310044 | MTN Hyp.-Pfe. S.2064 19/27 0.8000 % UniCredit S.p.A. FLR | EUR | 2,200,000 | 0 | 0 | % | 90.209 | 1,984,594.04 | 0.05 |
| XS2433139966 | Preferred MTN 21/29 0.9250 % UniCredit S.p.A. FLR | EUR | 5,000,000 | 0 | 0 | % | 81.836 | 4,091,812.50 | 0.11 |
|  | Preferred MTN 22/28 | EUR | 7,450,000 | 7,450,000 | 0 | % | 87.134 | 6,491,468.85 | 0.18 |
| XS2289133915 | 0.3250 % UniCredit S.p.A. Preferred MTN 21/26 | EUR | 5,000,000 | 0 | 0 | % | 88.981 | 4,449,027.00 | 0.12 |

Explanations can be found in the footnotes below the table.

#### Investment portfolio at 30/06/2022
ISIN	Securities	Market	Shares/	Balance  Purchases  Redemptions	Price	Market value	% of net
Units/	30/06/2022	in EUR	assets
Currency	in the period under review
| XS1403014936 | 0.5000 % Unilever Fin. Netherlands |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FR0013128584 | B.V. MTN 16/24 0.6250 % Union Natle Interp. | EUR | 3,200,000 | 0 | 0 | % | 98.022 | 3,136,713.28 | 0.09 |
|  | Em.Com.Ind. MTN 16/26 | EUR | 11,000,000 | 0 | 0 | % | 96.705 | 10,637,541.20 | 0.29 |
| FR0013230943 | 0.6250 % Valéo S.E. MTN 17/23 | EUR | 3,700,000 | 0 | 0 | % | 99.351 | 3,675,989.59 | 0.10 |
| FR0013394681 | 0.8920 % Veolia Environnement S.A. MTN 19/24 | EUR | 3,100,000 | 0 | 0 | % | 99.142 | 3,073,398.28 | 0.08 |
| FR0013476595 XS1405766624 | 0.6640 % Veolia Environnement S.A. MTN 20/31 1.3750 % Verizon Communications | EUR | 2,600,000 | 0 | 0 | % | 81.355 | 2,115,240.92 | 0.06 |
| XS1979280853 | Inc. Notes 16/28 0.8750 % Verizon Communications | EUR | 6,000,000 | 0 | 0 | % | 91.247 | 5,474,800.20 | 0.15 |
|  | Inc. Notes 19/27 | EUR | 5,000,000 | 0 | 0 | % | 91.696 | 4,584,776.50 | 0.13 |
| FR0013220399 | 1.1250 % Vivendi SE Bonds 16/23 | EUR | 7,500,000 | 0 | 0 | % | 99.095 | 7,432,159.50 | 0.20 |
| XS1372839214 | 2.2000 % Vodafone Group PLC MTN 16/26 | EUR | 5,000,000 | 0 | 0 | % | 98.731 | 4,936,527.00 | 0.14 |
| XS2002018500 | 1.6250 % Vodafone Group PLC MTN 19/30 | EUR | 5,000,000 | 0 | 0 | % | 89.029 | 4,451,429.00 | 0.12 |
| DE000A19X8A4 | 1.5000 % Vonovia Finance B.V. MTN 18/26 | EUR | 5,000,000 | 0 | 0 | % | 92.063 | 4,603,144.00 | 0.13 |
| XS1506398244 | 0.8750 % Westpac Banking Corp. MTN 16/27 | EUR | 5,000,000 | 0 | 0 | % | 91.559 | 4,577,971.50 | 0.13 |
| XS1856797300 | 0.7500 % Westpac Banking Corp. MTN 18/23 | EUR | 5,000,000 | 0 | 0 | % | 98.914 | 4,945,713.00 | 0.14 |
| XS2010039894 | 3.0000 % ZF Europe Finance B.V. Notes 19/29 | EUR | 3,000,000 | 0 | 0 | % | 73.740 | 2,212,186.80 | 0.06 |
| Other equity securities |  |  |  |  |  |  | 23,522,721.58 | 0.65 |
| Switzerland |  |  |  |  |  |  | 23,522,721.58 | 0.65 |
| CH0010570767	Chocoladefabriken Lindt & |  |  |  |  |  |  |  |  |
| Sprüngli Inh.-Par.schein | SHS | 2,471 | 625 | 124 | CHF | 9,500.000 | 23,522,721.58 | 0.65 |
| Securities admitted to or included in regulated markets |  |  |  |  |  |  | 97,188,048.03 | 2.69 |
| Interest-bearing securities |  |  |  |  |  |  | 97,188,048.03 | 2.69 |
| EUR bonds |  |  |  |  |  |  | 97,188,048.03 | 2.69 |
| XS1402941790	0.6250 % ABB Finance B.V. MTN 16/23 XS1117299484	1.0000 % Air Products & Chemicals | EUR | 5,300,000 | 0 | 0 | % | 99.724 | 5,285,385.78 | 0.15 |
| Inc. Notes 15/25 XS1379122101	1.5000 % América Móvil S.A.B. | EUR | 3,300,000 | 0 | 0 | % | 96.847 | 3,195,944.07 | 0.09 |
| de C.V. Notes 16/24 | EUR | 4,500,000 | 0 | 0 | % | 99.138 | 4,461,203.25 | 0.12 |
| XS2079716853	0.0000 % Apple Inc. Notes 19/25 | EUR | 2,350,000 | 0 | 0 | % | 94.092 | 2,211,155.89 | 0.06 |
| XS1527556192	1.6250 % ASML Holding N.V. Notes 16/27 | EUR | 1,700,000 | 0 | 0 | % | 96.968 | 1,648,453.79 | 0.05 |
| XS2010032378	0.2500 % ASML Holding N.V. Notes 20/30 XS2082818951	1.1250 % Australia & N. Z. Bkg | EUR | 5,150,000 | 0 | 0 | % | 82.992 | 4,274,093.67 | 0.12 |
| Grp Ltd. FLR MTN 19/29 XS2294372169	0.6690 % Australia & N. Z. Bkg | EUR | 5,000,000 | 0 | 0 | % | 94.030 | 4,701,494.50 | 0.13 |
| Grp Ltd. FLR MTN 21/31 XS2375844144	0.3340 % Becton Dickinson Euro | EUR | 1,900,000 | 0 | 0 | % | 86.551 | 1,644,470.52 | 0.05 |
| Fin.Sarl Notes 21/28 | EUR | 5,000,000 | 0 | 0 | % | 83.443 | 4,172,157.50 | 0.11 |
| XS2308321962	0.1000 % Booking Holdings Inc. Notes 21/25 XS2075185228	0.9000 % Harley Davidson Finl | EUR | 1,150,000 | 0 | 0 | % | 93.910 | 1,079,964.31 | 0.03 |
| Serv.Inc. Notes 19/24 XS1721244371	1.8750 % Iberdrola International | EUR | 1,000,000 | 0 | 0 | % | 94.610 | 946,102.10 | 0.03 |
| B.V. FLR Notes 17/Und. XS2244941063	1.8740 % Iberdrola International | EUR | 5,000,000 | 0 | 0 | % | 98.338 | 4,916,907.00 | 0.14 |
| B.V. FLR Notes 20/Und. DE000A2TR182	0.0100 % Investitionsbank | EUR | 2,000,000 | 0 | 0 | % | 87.645 | 1,752,900.00 | 0.05 |
| Schleswig-Hol. IHS 21/28 XS2189931335	0.5500 % Metropolitan Life | EUR | 5,000,000 | 0 | 0 | % | 89.063 | 4,453,140.50 | 0.12 |
| Global Fdg I MTN 20/27 | EUR | 5,000,000 | 0 | 0 | % | 89.971 | 4,498,556.50 | 0.12 |
| XS2135361686	1.3500 % Mexiko MTN 20/27 | EUR | 4,000,000 | 0 | 0 | % | 88.290 | 3,531,604.00 | 0.10 |
| XS2028899727	0.3390 % Mitsubishi UFJ Finl Grp Inc. MTN 19/24 XS2049630887	0.1180 % Mizuho Financial | EUR | 5,000,000 | 0 | 0 | % | 96.123 | 4,806,131.00 | 0.13 |
| Group Inc. MTN 19/24 XS2098350965	0.7970 % Mizuho Financial | EUR | 4,700,000 | 0 | 0 | % | 95.295 | 4,478,883.33 | 0.12 |
| Group Inc. MTN 20/30 XS2312722916	0.2500 % Mondelez International | EUR | 4,500,000 | 0 | 0 | % | 79.414 | 3,573,624.15 | 0.10 |
| Inc. Notes 21/28 XS1872032369	0.6250 % National Australia | EUR | 3,400,000 | 0 | 0 | % | 86.170 | 2,929,786.12 | 0.08 |
| Bank Ltd. MTN 18/23 | EUR | 5,000,000 | 0 | 0 | % | 99.227 | 4,961,358.00 | 0.14 |
| XS2435787283	0.5000 % Provinz Quebec MTN 22/32 XS2265968284	0.0100 % Svenska Handelsbanken | EUR | 6,050,000 | 6,050,000 | 0 | % | 83.247 | 5,036,473.15 | 0.14 |
| AB Non-Preferred MTN 20/27 | EUR | 2,000,000 | 0 | 0 | % | 85.159 | 1,703,175.40 | 0.05 |
| XS1395057430	1.1250 % Telstra Corp. Ltd. MTN 16/26 | EUR | 7,000,000 | 0 | 0 | % | 95.399 | 6,677,920.90 | 0.18 |
| XS2193982803	1.3620 % Upjohn Finance B.V. Notes 20/27 | EUR | 5,000,000 | 0 | 0 | % | 86.782 | 4,339,096.50 | 0.12 |

Explanations can be found in the footnotes below the table.

#### Investment portfolio at 30/06/2022
ISIN	Securities	Market	Shares/	Balance  Purchases  Redemptions	Price	Market value	% of net
Units/	30/06/2022	in EUR	assets
Currency	in the period under review
XS2193983108	1.9080 % Upjohn Finance B.V. Notes 20/32	EUR	2,000,000	0	0  %	74.049	1,480,981.60	0.04
XS1716616179	1.1000 % Whirlpool Fin. Luxembourg
Sarl Notes 17/27	EUR	5,000,000	0	0  %	88.542	4,427,084.50	0.12
Total securities 
3)	
EUR	3,593,505,798.66	98.93
Derivatives
(The positions marked with a minus sign have been sold)
Interest rate derivatives
|  | Receivables/payables |  |
| --- | --- | --- |
| Interest rate futures contracts |  |  |  | 2,935,890.00 | 0.08 |
| EURO Bobl Future (FGBM) Sep. 22 | XEUR | EUR | -224,300,000 | 2,770,100.00 | 0.08 |
| EURO Buxl Future (FGBX) Sep. 22 | XEUR | EUR | -46,500,000 | -2,578,800.00 | -0.07 |
| EURO Schatz Future (FGBS) Sep. 22 | XEUR | EUR | -111,900,000 | 279,750.00 | 0.01 |
| EURO-BTP Future (FBTP) Sep. 22 Long Term EURO OAT | XEUR | EUR | -24,400,000 | 393,290.00 | 0.01 |
| Future (FOAT) Sep.22 SHORT EURO-BTP Future | XEUR | EUR | -57,400,000 | 1,977,430.00 | 0.05 |
| (FBTS) Sep. 22 | XEUR | EUR | -72,400,000 | 94,120.00 | 0.00 |
| Total interest rate derivatives | EUR |  | 2,935,890.00 | 0.08 |
| Bank deposits, money market instruments, money market funds and money market-related funds |  |  |  |  |
| Bank deposits |  |  |  |  |
| EUR deposits with custodial office |  |  |  |  |
| State Street Bank International GmbH	EUR	 22,942,156.13 | % | 100.000 | 22,942,156.13 | 0.63 |
| Deposits in other EU/EEA currencies |  |  |  |  |  |  |  |
| State Street Bank International GmbH | DKK | 147,878.09 | % | 100.000 | 19,878.09 | 0.00 |
| State Street Bank International GmbH | NOK | 757,282.40 | % | 100.000 | 73,116.17 | 0.00 |
| State Street Bank International GmbH | PLN | 13,686.32 | % | 100.000 | 2,935.72 | 0.00 |
| State Street Bank International GmbH | SEK | 2,998,909.49 | % | 100.000 | 280,534.10 | 0.01 |
| Deposits in non EU/EEA currencies |  |  |  |  |  |  |  |
| State Street Bank International GmbH | AUD | 2,341.25 | % | 100.000 | 1,542.12 | 0.00 |
| State Street Bank International GmbH | CHF | 441,491.46 | % | 100.000 | 442,398.38 | 0.01 |
| State Street Bank International GmbH | GBP | 85,144.78 | % | 100.000 | 98,896.31 | 0.00 |
| State Street Bank International GmbH | USD | 22,207.51 | % | 100.000 | 21,259.34 | 0.00 |
| Total bank deposits | EUR | 23,882,716.36 | 0.65 |
| Total of bank deposits, money market instruments, money market funds and money market-related funds  30) | EUR | 23,882,716.36 | 0.65 |
| Other assets |  |  |  |  |  |  |
|  | Accrued interest | EUR | 11,832,286.94 |  | 11,832,286.94 | 0.33 |
|  | Accrued dividends | EUR | 141,377.97 |  | 141,377.97 | 0.00 |
|  | Receivables from unit transactions | EUR | 2,563,073.92 |  | 2,563,073.92 | 0.07 |
|  | Receivables from FX spots | EUR | 171,669.48 |  | 171,669.48 | 0.00 |
|  | Receivables from withholding tax refunds | EUR | 5,013,082.54 |  | 5,013,082.54 | 0.14 |
| Total other assets |  |  |  | EUR | 19,721,490.85 | 0.54 |
| Other payables |  |  |  |  |  |  |
|  | Liabilities from unit transactions | EUR | -2,343,897.23 |  | -2,343,897.23 | -0.06 |
|  | Liabilities from securities transactions | EUR | -1,453,116.73 |  | -1,453,116.73 | -0.04 |
|  | Liabilities from FX spots | EUR | -171,721.85 |  | -171,721.85 | 0.00 |
|  | Accruals | EUR | -3,478,486.55 |  | -3,478,486.55 | -0.10 |
| Total other payables |  |  |  | EUR | -7,447,222.36 | -0.20 |
| Fund assets |  |  |  | EUR | 3,632,598,673.51 | 100.00 |
|  | Total units in circulation of all unit classes |  |  | SHS | 56,208,707 |  |

3) 
The Fund’s securities are partially hedged by transactions in financial instruments.
30) 
Cash initial margins may be included in bank deposits.
| Securities |  | total |
| --- | --- | --- |
| Total current value of securities that have been pledged to third parties as margin collateral for futures: | EUR | 68,569,951.00 |

| Kapital Plus A (EUR) |  |
| --- | --- |
| ISIN | DE0008476250 |
| Fund assets | 3,459,824,274.35 |
| Units in circulation | 55,596,304.078 |
| Unit value | 62.23 |
| Kapital Plus I (EUR) |  |
| ISIN | DE0009797613 |
| Fund assets | 100,060,698.40 |
| Units in circulation | 92,015.548 |
| Unit value | 1,087.43 |
| Kapital Plus Multi Asset 30 CT (EUR) |
| ISIN | DE000A2DU1Y2 |
| Fund assets | 38,301,152.54 |
| Units in circulation | 409,315.792 |
| Unit value | 93.57 |
| Kapital Plus P (EUR) |  |
| ISIN | DE000A14N9U7 |
| Fund assets | 6,262,274.14 |
| Units in circulation | 6,175.332 |
| Unit value | 1,014.08 |
| Kapital Plus P2 (EUR) |  |
| ISIN | DE0009797589 |
| Fund assets | 19,542,191.55 |
| Units in circulation | 17,374.746 |
| Unit value | 1,124.75 |
| Kapital Plus R (EUR) |  |
| ISIN | DE000A2DU1L9 |
| Fund assets | 8,608,082.53 |
| Units in circulation | 87,521.278 |
| Unit value | 98.35 |


### Securities prices/market rates
Fund assets were valued on the basis of the following prices/market rates:
International bonds: prices as at 29/06/2022 or last known
All other assets: prices/market rates as at 30/06/2022 or last known

### Additional information on valuations
The valuation is carried out by the investment management company (IMC).
Equities, subscription rights, exchange-traded funds (ETFs), participation certificates, bonds and exchange-traded derivatives are valued at their market price, provided that a market price is available.
Bonds for which no market price is available are valued at validated broker prices or with the help of regularly reviewed models and on the basis of relevant market information.
Participation certificates for which no market prices are available are valued at the mean of the bid-ask-spread.
Derivatives and subscription rights which are not traded on the market are valued with the help of regularly reviewed models and on the basis of relevant market information.
Investment fund units are valued at the redemption price published by the relevant investment company.
Bank deposits and other assets are valued at their nominal value, term deposits at their current value and liabilities at the repayment value.
Unlisted equities and shareholdings are valued at the current value, which is carefully determined with the help of suitable valuation models, taking account of the current market situation.
The methods used to value the Fund factor in the market effects resulting from the COVID-19 pandemic and from the Russia-Ukraine war. No further adjustments were necessary at the time of preparation of the semi-annual report.
The investments reported in this semi-annual report, amounting to 99.01 % of fund assets, are valued at stock market trading prices or market prices and
0.00 % at imputed current market values and/or verified brokers’ quotations. The remaining 0.99 % of fund assets consists of other assets, other liabilities and cash.

#### Exchange rate(s) and/or conversion factor(s) (indirect quotation) as at 30/06/2022
| UK, Pound Sterling | (GBP) | 1 Euro = GBP | 0.86095 |
| --- | --- | --- | --- |
| Denmark, Krone | (DKK) | 1 Euro = DKK | 7.43925 |
| Norway, Krone | (NOK) | 1 Euro = NOK | 10.35725 |
| Sweden, Krona | (SEK) | 1 Euro = SEK | 10.69000 |
| Switzerland, Franc | (CHF) | 1 Euro = CHF | 0.99795 |
| Poland, Zloty | (PLN) | 1 Euro = PLN | 4.66200 |
| USA, Dollar | (USD) | 1 Euro = USD | 1.04460 |
| Australia, Dollar | (AUD) | 1 Euro = AUD | 1.51820 |
| Market key |  |  |  |
| Financial futures exchanges |  |  |  |

XEUR	Eurex (Eurex Frankfurt/Eurex Zürich)

### Capital measures
All sales revenues resulting from capital measures (technical revenues) are reported as additions or disposals.

### Voting
To the extent it was deemed to be in our investors’ interest, we either exercised ourselves or had our agents exercise, in accordance with our instructions, voting rights for equities held by the fund.

#### Transactions carried out during the reporting period no longer listed in the investment portfolio
– purchases and redemptions of securities, fund units and borrower’s note loans (market allocations as per reporting date):
ISIN	Securities	Shares/	Purchases	Redemptions Units/
Currency
Exchange-traded securities Interest-bearing securities EUR bonds
| XS2348638433 | 1.0000 % ABN AMRO Bank N.V. Non-Preferred MTN 21/33 | EUR | 0 | 5,000,000 |
| --- | --- | --- | --- | --- |
| XS0896144655 | 2.5000 % Atlas Copco AB MTN 13/23 | EUR | 0 | 5,000,000 |
| XS1369268534 | 0.3750 % BAWAG P.S.K. MT Bonds 16/22 | EUR | 0 | 4,200,000 |
| XS1400165350 | 1.1250 % Bertelsmann SE & Co. KGaA MTN Anl. 16/26 | EUR | 0 | 2,200,000 |
| DE0001102515 | 0.0000 % Bundesrep.Deutschland Anl. 20/35 | EUR | 10,000,000 | 10,000,000 |
| FR0013088424 | 0.5000 % Caisse Francaise d.Financ.Loc. MT Obl.Fonc. 16/22 | EUR | 0 | 5,000,000 |
| ES0000101651 | 1.8260 % Comunidad Autónoma de Madrid Obl. 15/25 | EUR | 0 | 5,000,000 |
| DE000DL19TA6 | 1.5000 % Deutsche Bank AG MTN 17/22 | EUR | 0 | 5,000,000 |
| XS1548410080 | 0.0500 % DNB Boligkreditt A.S. Mortg. Cov. MTN 17/22 | EUR | 0 | 5,000,000 |
| XS1555094066 | 1.0000 % DVB Bank SE MTN IHS 17/22 | EUR | 0 | 5,100,000 |
| FR0011225143 | 4.1250 % Electricité de France (E.D.F.) MTN 12/27 | EUR | 0 | 5,000,000 |
| XS1412593185 | 0.7500 % ENI S.p.A. MTN 16/22 | EUR | 0 | 2,400,000 |
| AT0000A2GH08 | 0.8750 % Erste Group Bank AG Pref. MTN 20/27 | EUR | 0 | 5,000,000 |
| XS1518704900 | 0.2500 % Linde Finance B.V. MTN 17/22 | EUR | 0 | 3,150,000 |
| XS1575979148 | 2.0000 % NatWest Group PLC FLR MTN 17/23 | EUR | 0 | 5,000,000 |
| IE00B4S3JD47 | 3.9000 % Republik Irland Treasury Bonds 13/23 | EUR | 0 | 18,200,000 |
| IT0004848831 | 5.5000 % Republik Italien B.T.P. 12/22 | EUR | 0 | 39,600,000 |
| IT0004898034 | 4.5000 % Republik Italien B.T.P. 13/23 | EUR | 19,000,000 | 60,500,000 |
| IT0005403396 | 0.9500 % Republik Italien B.T.P. 20/30 | EUR | 0 | 68,000,000 |
| IT0005436693 | 0.6000 % Republik Italien B.T.P. 21/31 | EUR | 0 | 20,000,000 |
| XS1003017099 | 2.3750 % SSE PLC MTN 13/22 | EUR | 0 | 5,000,000 |
| FR0013456621 | 0.8750 % Unibail-Rodamco-Westfield SE MTN 19/32 | EUR | 0 | 5,000,000 |
| XS1178970106 | 0.5000 % Unilever Fin. Netherlands B.V. MTN 15/22 | EUR | 0 | 3,750,000 |

Unlisted securities (unlisted securities may also include listed securities due to their final maturity date)
Equities Sweden
SE0011166610	Atlas Copco AB Namn-Aktier A	SHS	181,037	906,380
SE0017486863	Atlas Copco AB Reg.Red.Sh.A (fria)	SHS	810,787	810,787
Interest-bearing securities EUR bonds
XS1527753187	0.5000 % BNP Paribas S.A. MTN 16/22	EUR	0	2,850,000
XS1548802914	0.3750 % Bque Fédérative du Cr. Mutuel MTN 17/22	 EUR	0	2,900,000 DE000LB06G44	0.1250 % Ldsbk Baden-Württemb. MTN Pfe. S.760 16/22	EUR	0	5,000,000
Derivatives Futures contracts
Securities	Shares/	Volume
Units/	in 1,000
Currency
(Option premiums and/or contract volumes pertaining to opening transactions; in the case of warrants, purchases and redemptions are indicated.)
Interest rate futures contracts
Contracts sold:	EUR	1,255,758 (Basiswert(e): EURO Bobl Future (FGBM) Juni 22, EURO Bobl Future (FGBM) März 22, EURO Schatz Future (FGBS) Juni 22, EURO
Schatz Future (FGBS) März 22, EURO-BTP Future (FBTP) Juni 22, EURO-BTP Future (FBTP) März 22, Long Term EURO OAT Future
(FOAT) Juni 22, Long Term EURO OAT Future (FOAT) März 22, SHORT EURO-BTP Future (FBTS) Juni 22, SHORT EURO-BTP
Future (FBTS) März 22) Contracts sold:

Translation (ENDE, 2022-06-30):
# Inhalt
Kapital Plus
Entwicklung von Fondsvermögen und Anteilwert im
Struktur des Fondsvermögens in %
|  |  |  |  |
| --- | --- | --- | --- |
|  |  |  |  |
|  |  |  | 29,2 28,9 |
|  |  |  |  |  |  |  |
|  |  |  |  |  |  |  0,6  0,7 	2,7  1,0 |

75 67,5 69,4
60
45
30
15
0
Anleihen	Aktien	Sonstige Wertpapiere	Barreserve, Sonstiges
| Entwicklung von Fondsvermögen | und Anteilwert im 3-Jahresvergleich |  |
| --- | --- | --- |
|  |  | 30.06.2022 | 31.12.2021 | 31.12.2020 | 31.12.2019 |
| Fondsvermögen in Mio. EUR |  |  |  |  |  |
| - Anteilklasse A (EUR) | WKN: 847 625/ISIN: DE0008476250 | 3.459,8 | 4.126,7 | 3.221,4 | 3.088,5 |
| - Anteilklasse I (EUR) | WKN: 979 761/ISIN: DE0009797613 | 100,1 | 121,0 | 70,9 | 65,6 |
| - Anteilklasse Multi Asset 30 CT (EUR) | WKN: A2D U1Y/ISIN: DE000A2DU1Y2 | 38,3 | 57,8 | 19,8 | 971,61 1) |
| - Anteilklasse P (EUR) | WKN: A14 N9U/ISIN: DE000A14N9U7 | 6,3 | 10,0 | 7,9 | 7,0 |
| - Anteilklasse P2 (EUR) | WKN: 979 758/ISIN: DE0009797589 | 19,5 | 31,9 | 18,1 | 20,3 |
| - Anteilklasse R (EUR) | WKN: A2D U1L/ISIN: DE000A2DU1L9 | 8,6 | 13,1 | 9,1 | 6,9 |
| Anteilwert in EUR |  |  |  |  |  |
| - Anteilklasse A (EUR) | WKN: 847 625/ISIN: DE0008476250 | 62,23 | 74,54 | 69,37 | 66,14 |
| - Anteilklasse I (EUR) | WKN: 979 761/ISIN: DE0009797613 | 1.087,43 | 1.306,21 | 1.215,28 | 1.158,64 |
| - Anteilklasse Multi Asset 30 CT (EUR) | WKN: A2D U1Y/ISIN: DE000A2DU1Y2 | 93,57 | 112,37 | 104,99 | 100,07 |
| - Anteilklasse P (EUR) | WKN: A14 N9U/ISIN: DE000A14N9U7 | 1.014,08 | 1.218,10 | 1.133,32 | 1.080,48 |
| - Anteilklasse P2 (EUR) | WKN: 979 758/ISIN: DE0009797589 | 1.124,75 | 1.352,17 | 1.257,95 | 1.199,29 |
| - Anteilklasse R (EUR) | WKN: A2D U1L/ISIN: DE000A2DU1L9 | 98,35 | 118,10 | 109,89 | 104,76 |

1) 
Darstellungsweise nicht in Mio. EUR, aufgrund des geringen Fondsvermögens.

#### Vermögensübersicht zum 30.06.2022
Gliederung nach Anlagenart - Land	Kurswert in EUR  % des Fonds- vermögens 
*)
- Bankguthaben, Geldmarktpapiere, Geldmarkt- und geldmarktnahe Fonds23.882.716,36	0,65
- Vermögensgegenstände
	- Aktien	1.047.921.762,67	28,88Deutschland	159.723.091,65	4,40


| Frankreich | 148.326.923,06 | 4,08 |
| --- | --- | --- |
| Niederlande | 143.047.010,35 | 3,95 |
| Italien | 10.179.827,84 | 0,28 |
| Irland | 47.658.285,52 | 1,31 |
| Dänemark | 211.161.021,02 | 5,83 |

- Sonstige Vermögensgegenstände	19.721.490,85	0,54II. Verbindlichkeiten	-7.447.222,36	-0,20III. Fondsvermögen	3.632.598.673,51	100,00

| Luxemburg | 12.644.302,48 | 0,35 |  | Gliederung nach Anlagenart - Währung | Kurswert in EUR | % des Fonds- vermögens  *) |
| --- | --- | --- | --- | --- | --- | --- |
| Schweden | 148.966.835,11 | 4,10 |  | I. Vermögensgegenstände |  |  |
| Schweiz | 138.067.326,84 | 3,81 |  | 1. Aktien | 1.047.921.762,67 | 28,88 |
| Großbritannien | 28.147.138,80 | 0,77 |  | CHF | 138.067.326,84 | 3,81 |
| 2. Anleihen | 2.522.061.314,41 | 69,40 |  | DKK | 211.161.021,02 | 5,83 |
| Deutschland | 308.789.487,17 | 8,46 |  | EUR | 517.329.361,82 | 14,25 |
| Frankreich | 537.070.184,21 | 14,78 |  | GBP | 32.397.217,88 | 0,89 |
| Niederlande | 253.540.829,59 | 7,03 |  | SEK | 148.966.835,11 | 4,10 |
| Italien | 335.984.297,16 | 9,26 |  | 2. Anleihen | 2.522.061.314,41 | 69,40 |
| Irland | 22.218.723,03 | 0,61 |  | EUR | 2.522.061.314,41 | 69,40 |
| Dänemark | 13.112.010,26 | 0,36 |  | 3. Sonstige Wertpapiere | 23.522.721,58 | 0,65 |
| Portugal | 52.126.669,50 | 1,43 |  | CHF | 23.522.721,58 | 0,65 |
| Spanien | 243.157.795,58 | 6,70 |  | 4. Derivate | 2.935.890,00 | 0,08 |
| Belgien | 77.260.670,44 | 2,13 |  | 5. Bankguthaben, Geldmarktpapiere, | 23.882.716,36 | 0,65 |
| Luxemburg | 26.068.205,21 | 0,71 |  | Geldmarkt- und geldmarktnahe Fonds |  |  |
| Island | 1.544.520,00 | 0,04 |  | 6. Sonstige Vermögensgegenstände | 19.721.490,85 | 0,54 |

*) 
Durch Rundung der Prozentanteile bei der Berechnung können geringfügige Run- dungsdifferenzen entstanden sein.
| Norwegen | 23.819.119,75 | 0,66 |
| --- | --- | --- |
| Schweden | 33.980.025,90 | 0,93 |
| Finnland | 23.193.182,48 | 0,65 |
| Österreich | 51.725.385,03 | 1,42 |
| Schweiz | 6.502.684,00 | 0,17 |
| Lettland | 3.926.580,10 | 0,11 |
| Polen | 5.110.069,00 | 0,14 |
| Ungarn | 9.294.437,00 | 0,25 |
| Rumänien | 9.566.712,00 | 0,26 |
| Bulgarien | 4.870.571,50 | 0,13 |
| Großbritannien | 57.449.649,11 | 1,59 |
| USA | 145.996.076,24 | 4,00 |
| Kanada | 32.426.848,41 | 0,89 |
| Mexiko | 7.992.807,25 | 0,22 |
| Israel | 4.813.418,40 | 0,13 |
| Indonesien | 4.923.444,50 | 0,14 |
| Korea, Republik | 872.860,29 | 0,02 |
| Japan | 17.178.127,48 | 0,47 |
| Australien | 51.220.376,64 | 1,42 |
| Neuseeland | 16.522.115,45 | 0,45 |
| Sonstige | 139.803.431,73 | 3,84 |
| 3. Sonstige Wertpapiere | 23.522.721,58 | 0,65 |
| Schweiz | 23.522.721,58 | 0,65 |
| 4. Derivate | 2.935.890,00 | 0,08 |

II. Verbindlichkeiten	-7.447.222,36	-0,20
III. Fondsvermögen	3.632.598.673,51	100,00
| Vermögensaufstellung zum 30.06.2022 |
| --- |
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. | Bestand | Käufe/	Verkäufe/ | Kurs | Kurswert | % des |
| Börsengehandelte Wertpapiere |  | Anteile bzw. Währung | 30.06.2022 | Zugänge	Abgänge im Berichtszeitraum |  | in EUR 3.496.317.750,63 | Fondsver- mögens 96,24 |
| Aktien |  |  |  |  |  |  | 1.047.921.762,67 | 28,88 |
| Deutschland |  |  |  |  |  |  | 159.723.091,65 | 4,40 |
| DE000A1EWWW0 | adidas AG Namens-Aktien | STK | 217.448 | 68.140 | 10.979 EUR | 167,200 | 36.357.305,60 | 1,00 |
| DE0006231004 | Infineon Technologies AG Namens-Aktien | STK | 1.989.707 | 541.684 | 370.021 EUR | 23,205 | 46.171.150,94 | 1,27 |
| DE0006452907 | Nemetschek SE Inhaber-Aktien | STK | 163.131 | 41.225 | 8.237 EUR | 57,140 | 9.321.305,34 | 0,26 |
| DE0007164600 | SAP SE Inhaber-Aktien | STK | 375.326 | 101.965 | 115.141 EUR | 84,920 | 31.872.683,92 | 0,88 |
| DE0007165631 | Sartorius AG Vorzugsaktien | STK | 57.606 | 41.993 | 0 EUR | 327,600 | 18.871.725,60 | 0,52 |
| DE000ZAL1111 | Zalando SE Inhaber-Aktien | STK | 715.195 | 190.583 | 36.112 EUR | 23,950 | 17.128.920,25 | 0,47 |
| Frankreich |  |  |  |  |  |  | 148.326.923,06 | 4,08 |
| FR0014003TT8 | Dassault Systemes SE Actions Port. | STK | 1.012.673 | 263.956 | 111.510 EUR | 34,580 | 35.018.232,34 | 0,96 |
| FR0010307819 | Legrand S.A. Actions au Porteur | STK | 338.437 | 85.526 | 17.088 EUR | 69,860 | 23.643.208,82 | 0,65 |
| FR0000120321 FR0000121014 | L‘Oréal S.A. Actions Port. LVMH Moët Henn. L. Vuit- | STK | 118.562 | 31.031 | 14.006 EUR | 324,950 | 38.526.721,90 | 1,06 |
|  | ton SE Action Port.(C.R.) | STK | 89.560 | 22.633 | 4.522 EUR | 571,000 | 51.138.760,00 | 1,41 |
| Niederlande |  |  |  |  |  |  | 143.047.010,35 | 3,95 |
| NL0012969182 | Adyen N.V. Aandelen op naam | STK | 30.796 | 14.584 | 1.554 EUR | 1.400,800 | 43.139.036,80 | 1,19 |
| NL0010273215 | ASML Holding N.V. Aandelen op naam | STK | 219.747 | 55.532 | 11.095 EUR | 454,650 | 99.907.973,55 | 2,76 |
| Italien |  |  |  |  |  |  | 10.179.827,84 | 0,28 |
| IT0004056880 | Amplifon S.p.A. Azioni nom. | STK | 349.582 | 215.580 | 11.229 EUR | 29,120 | 10.179.827,84 | 0,28 |
| Irland |  |  |  |  |  |  | 47.658.285,52 | 1,31 |
| IE0002424939 | DCC PLC Reg.Shares | STK | 71.439 | 29.826 | 85.878 GBP | 51,220 | 4.250.079,08 | 0,12 |
| IE0004906560 | Kerry Group PLC Reg.Shares A | STK | 145.125 | 47.909 | 75.715 EUR | 91,080 | 13.217.985,00 | 0,36 |
| IE0004927939 | Kingspan Group PLC Reg.Shares | STK | 543.772 | 137.415 | 27.457 EUR | 55,520 | 30.190.221,44 | 0,83 |
| Dänemark |  |  |  |  |  |  | 211.161.021,02 | 5,83 |
| DK0060946788 | Ambu A/S Navne-Aktier B | STK | 1.316.682 | 332.735 | 66.484 DKK | 72,000 | 12.743.368,48 | 0,35 |
| DK0060227585 | Christian Hansen Holding AS Navne-Aktier | STK | 120.617 | 30.481 | 6.090 DKK | 517,400 | 8.388.914,98 | 0,23 |
| DK0060448595 | Coloplast AS Navne-Aktier B | STK | 322.330 | 81.455 | 16.275 DKK | 802,200 | 34.757.956,25 | 0,96 |
| DK0060079531 | DSV A/S Indehaver Bonus-Aktier | STK | 549.072 | 161.977 | 26.694 DKK | 979,800 | 72.316.529,97 | 2,00 |
| DK0060534915 | Novo-Nordisk AS Navne-Aktier B | STK | 792.497 | 229.600 | 194.304 DKK | 778,700 | 82.954.251,34 | 2,29 |
| Luxemburg |  |  |  |  |  |  | 12.644.302,48 | 0,35 |
| FR0014000MR3 | Eurofins Scientific S.E. Actions Port. | STK | 169.996 | 169.996 | 0 EUR | 74,380 | 12.644.302,48 | 0,35 |
| Schweden |  |  |  |  |  |  | 148.966.835,11 | 4,10 |
| SE0007100581 | Assa-Abloy AB Namn-Aktier B | STK | 1.737.061 | 438.967 | 87.710 SEK | 217,000 | 35.261.200,84 | 0,97 |
| SE0017486889 | Atlas Copco AB Namn-Aktier A | STK | 3.408.334 | 3.408.334 | 0 SEK | 95,460 | 30.435.880,60 | 0,84 |
| SE0015658109 | Epiroc AB Namn-Aktier A | STK | 1.805.067 | 456.153 | 91.144 SEK | 159,850 | 26.991.577,17 | 0,74 |
| SE0015961909 | Hexagon AB Namn-Aktier B (fria) | STK | 3.246.781 | 820.482 | 163.942 SEK | 105,700 | 32.103.344,41 | 0,88 |
| SE0007074281 | Hexpol AB Namn-Aktier B | STK | 1.133.133 | 286.350 | 57.216 SEK | 85,500 | 9.062.944,01 | 0,25 |
| SE0000114837 | Trelleborg AB Namn-Aktier B (fria) | STK | 785.348 | 403.202 | 31.511 SEK | 205,700 | 15.111.888,08 | 0,42 |
| Schweiz |  |  |  |  |  |  | 138.067.326,84 | 3,81 |
| CH0013841017 | Lonza Group AG Namens-Aktien | STK | 52.756 | 18.450 | 2.317 CHF | 500,200 | 26.442.758,86 | 0,73 |
| CH0024608827 | Partners Group Holding AG Namens-Aktien | STK | 45.828 | 11.582 | 2.313 CHF | 855,000 | 39.263.430,03 | 1,08 |
| CH0418792922 | Sika AG Namens-Aktien | STK | 253.136 | 64.174 | 21.049 CHF | 217,900 | 55.271.641,26 | 1,53 |
| CH0012453913 | Temenos AG Nam.-Aktien | STK | 75.829 | 25.907 | 46.133 CHF | 80,980 | 6.153.246,58 | 0,17 |
| CH0311864901 | VAT Group AG Namens-Aktien | STK | 48.766 | 13.651 | 10.785 CHF | 223,800 | 10.936.250,11 | 0,30 |
| Großbritannien |  |  |  |  |  |  | 28.147.138,80 | 0,77 |
| GB00BWFGQN14 | Spirax-Sarco Engineering PLC Reg.Shares | STK | 104.038 | 26.291 | 5.253 GBP | 96,540 | 11.665.983,53 | 0,32 |
| GB0007669376 | St. James‘s Place PLC Reg.Shares | STK | 1.287.025 | 325.239 | 64.986 GBP | 11,025 | 16.481.155,27 | 0,45 |
| Verzinsliche Wertpapiere |  |  |  |  |  |  | 2.424.873.266,38 | 66,71 |
| EUR-Anleihen |  |  |  |  |  |  | 2.424.873.266,38 | 66,71 |
| DE000AAR0322	0,7500 % Aareal Bank AG MTN IHS 22/28 XS2076154801	0,1000 % Abbott Ireland Finan- | EUR | 7.500.000 | 7.500.000 | 0 | % | 82,139 | 6.160.439,25 | 0,17 |
| cing DAC Notes 19/24 XS2076155105	0,3750 % Abbott Ireland Finan- | EUR | 2.400.000 | 0 | 0 | % | 96,031 | 2.304.734,40 | 0,06 |
| cing DAC Notes 19/27 | EUR | 3.000.000 | 0 | 0 | % | 89,238 | 2.677.139,10 | 0,07 |
| XS2055646918	0,7500 % AbbVie Inc. Notes 19/27 | EUR | 3.050.000 | 0 | 0 | % | 88,965 | 2.713.447,14 | 0,07 |
| XS1344751968	0,8750 % ABN AMRO Bank N.V. Cov. MTN 16/26 | EUR | 10.000.000 | 0 | 0 | % | 97,237 | 9.723.718,00 | 0,27 |
| XS1548458014	1,1250 % ABN AMRO Bank N.V. Cov. MTN 17/32 XS2102283061	0,6000 % ABN AMRO Bank N.V. | EUR | 4.000.000 | 0 | 0 | % | 89,646 | 3.585.843,20 | 0,10 |
| Non-Pref. MTN 20/27 XS1935139995	0,8750 % ABN AMRO Bank N.V. | EUR | 2.200.000 | 0 | 0 | % | 89,669 | 1.972.707,00 | 0,05 |
| Preferred MTN 19/24 | EUR | 2.400.000 | 0 | 0 | % | 98,779 | 2.370.700,32 | 0,07 |
| FR0014001LQ5	0,0000 % Agence France Locale MTN 21/31 XS2317288301	0,3750 % Ahold Delhaize N.V., Kon- | EUR | 1.700.000 | 0 | 0 | % | 83,145 | 1.413.469,25 | 0,04 |
| kinkl. Notes 21/30 Reg.S | EUR | 2.200.000 | 0 | 0 | % | 79,977 | 1.759.484,54 | 0,05 |
| Die Fußnotenerklärungen befinden sich am Ende der Tabelle. |  |  |  |  |  |  |  |  |


#### Vermögensaufstellung zum 30.06.2022
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2022 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS1357663050 | 0,8750 % AIB Mortg. Bank Unlimi- |  |  |  |  |  |  |  |  |
|  | ted Co Mortg. Cov. MTN 16/23 | EUR | 4.350.000 | 0 | 0 | % | 100,195 | 4.358.489,03 | 0,12 |
| FR0013182847 | 1,2500 % Air Liquide Finance MTN 16/28 | EUR | 5.000.000 | 0 | 0 | % | 93,291 | 4.664.541,50 | 0,13 |
| XS1391625289 XS1550134602 | 1,1250 % Akzo Nobel N.V. MTN 16/26 0,7500 % American Honda Fi- | EUR | 2.650.000 | 0 | 0 | % | 94,878 | 2.514.264,35 | 0,07 |
| XS1935204641 | nance Corp. MTN S.A 17/24 0,5000 % ANZ New Zealand (Itl) | EUR | 2.600.000 | 0 | 0 | % | 98,737 | 2.567.167,46 | 0,07 |
| XS2052998403 | (Ldn Br.) Mort.Cov. MTN 19/24 0,3750 % ANZ New Zealand (Itl) | EUR | 2.700.000 | 0 | 0 | % | 98,821 | 2.668.162,95 | 0,07 |
|  | (Ldn Br.) MTN 19/29 | EUR | 5.000.000 | 0 | 0 | % | 81,127 | 4.056.359,50 | 0,11 |
| FR0012300812 | 1,8750 % APRR MTN 14/25 | EUR | 2.200.000 | 0 | 0 | % | 99,363 | 2.185.992,82 | 0,06 |
| FR0013220258 | 1,2500 % APRR MTN 16/27 | EUR | 2.400.000 | 0 | 0 | % | 95,009 | 2.280.221,28 | 0,06 |
| FR0013477486 | 0,0000 % APRR MTN 20/23 | EUR | 1.900.000 | 0 | 0 | % | 99,698 | 1.894.262,19 | 0,05 |
| FR0012452191 | 1,5000 % Arkema S.A. MTN 15/25 | EUR | 5.000.000 | 0 | 0 | % | 97,910 | 4.895.502,00 | 0,13 |
| XS1032529205 | 3,3750 % ASTM S.p.A. MTN 14/24 | EUR | 5.000.000 | 0 | 0 | % | 99,673 | 4.983.663,50 | 0,14 |
| XS1907120528 | 1,8000 % AT & T Inc. Notes 18/26 | EUR | 5.000.000 | 0 | 0 | % | 97,342 | 4.867.094,50 | 0,13 |
| XS2051361264 FR0010491720 | 0,2500 % AT & T Inc. Notes 19/26 5,6250 % Autoroutes du Sud de | EUR | 5.000.000 | 0 | 0 | % | 92,297 | 4.614.833,50 | 0,13 |
| FR0013169885 | la France MTN 07/22 1,0000 % Autoroutes du Sud de | EUR | 4.100.000 | 0 | 0 | % | 100,000 | 4.100.000,00 | 0,11 |
| FR0013231099 | la France MTN 16/26 1,2500 % Autoroutes du Sud de | EUR | 1.800.000 | 0 | 0 | % | 94,167 | 1.695.004,56 | 0,05 |
| XS2101349723 | la France MTN 17/27 0,5000 % Banco Bilbao Vizcaya Ar- | EUR | 1.900.000 | 0 | 0 | % | 93,335 | 1.773.362,72 | 0,05 |
| XS2079713322 | gent. Non-Pref. MTN 20/27 0,3750 % Banco Bilbao Vizcaya Ar- | EUR | 5.000.000 | 0 | 0 | % | 88,153 | 4.407.650,00 | 0,12 |
|  | gent. Preferred MTN 19/26 | EUR | 5.000.000 | 0 | 0 | % | 90,159 | 4.507.941,00 | 0,12 |
| XS1731105612 | 0,8750 % Banco de Sabadell S.A. MTN 17/23 | EUR | 5.000.000 | 0 | 0 | % | 99,704 | 4.985.197,00 | 0,14 |
| XS2298304499 XS2014287937 | 0,2000 % Banco Santander S.A. Pref. MTN 21/28 0,2500 % Banco Santander S.A. | EUR | 5.000.000 | 0 | 0 | % | 84,496 | 4.224.804,50 | 0,12 |
|  | Preferred MTN 19/24 | EUR | 5.000.000 | 0 | 0 | % | 96,807 | 4.840.330,50 | 0,13 |
| XS1079726334 | 2,3750 % Bank of America Corp. MTN 14/24 | EUR | 8.800.000 | 0 | 0 | % | 100,209 | 8.818.363,84 | 0,24 |
| ES0313679K13 | 0,8750 % Bankinter S.A. Preferred Bonos 19/24 | EUR | 5.000.000 | 0 | 0 | % | 98,236 | 4.911.812,00 | 0,14 |
| XS1757394322 | 1,3750 % Barclays PLC FLR MTN 18/26 | EUR | 5.000.000 | 0 | 0 | % | 95,270 | 4.763.485,00 | 0,13 |
| XS2342060360 | 1,1060 % Barclays PLC FLR MTN 21/32 | EUR | 5.000.000 | 0 | 0 | % | 76,785 | 3.839.231,50 | 0,11 |
| XS1998215393 | 0,4000 % Baxter International Inc. Notes 19/24 | EUR | 5.000.000 | 0 | 0 | % | 97,163 | 4.858.167,00 | 0,13 |
| XS1998215559 XS2411178630 | 1,3000 % Baxter International Inc. Notes 19/29 1,3750 % Bayerische Landes- | EUR | 5.000.000 | 0 | 0 | % | 88,338 | 4.416.893,00 | 0,12 |
| XS2002532724 | bank FLR Sub. Anl. 21/32 1,2080 % Becton Dickinson Euro | EUR | 5.000.000 | 0 | 0 | % | 82,941 | 4.147.035,00 | 0,11 |
|  | Fin.Sarl Notes 19/26 | EUR | 5.000.000 | 0 | 0 | % | 93,952 | 4.697.581,50 | 0,13 |
| DE000BHY0H34 | 0,1250 % Berlin Hyp AG Hyp.-Pfe. 21/30 | EUR | 5.000.000 | 0 | 0 | % | 86,074 | 4.303.708,50 | 0,12 |
| DE000BHY0BC4 | 0,2500 % Berlin Hyp AG Hyp.-Pfe. S.196 16/23 | EUR | 5.400.000 | 0 | 0 | % | 99,914 | 5.395.373,82 | 0,15 |
| XS1948612905 | 0,6250 % BMW Finance N.V. MTN 19/23 | EUR | 2.250.000 | 0 | 0 | % | 98,942 | 2.226.192,75 | 0,06 |
| XS2055727916 | 0,0000 % BMW Finance N.V. MTN 19/23 | EUR | 2.550.000 | 0 | 0 | % | 99,441 | 2.535.752,90 | 0,07 |
| XS1368698251 | 0,2500 % BNG Bank N.V. MTN 16/23 | EUR | 6.000.000 | 0 | 0 | % | 99,929 | 5.995.749,60 | 0,17 |
| XS1342516629 BE0002586643 | 1,0000 % BNG Bank N.V. MTN 16/26 0,8750 % BNP Paribas Fortis S.A. | EUR | 10.000.000 | 0 | 0 | % | 98,266 | 9.826.572,00 | 0,27 |
|  | MT Mortg.Cov. Bds 18/28 | EUR | 5.900.000 | 0 | 0 | % | 93,813 | 5.534.948,71 | 0,15 |
| FR0013476611 FR0013484458 | 1,1250 % BNP Paribas S.A. FLR MTN 20/32 0,5000 % BNP Paribas S.A. FLR | EUR | 2.900.000 | 0 | 0 | % | 85,514 | 2.479.913,83 | 0,07 |
|  | Non-Pref. MTN 20/28 | EUR | 3.200.000 | 0 | 0 | % | 87,206 | 2.790.605,76 | 0,08 |
| XS0847433561 | 2,8750 % BNP Paribas S.A. MTN 12/22 | EUR | 3.000.000 | 0 | 0 | % | 100,811 | 3.024.315,90 | 0,08 |
| XS1345331299 XS1717012014 | 1,1250 % BNP Paribas S.A. MTN 16/23 0,5000 % BNZ Inter. Fund. Ltd. | EUR | 5.000.000 | 0 | 0 | % | 100,332 | 5.016.623,50 | 0,14 |
| XS2012047127 | (Ldn Br.) MTN 17/23 0,3750 % BNZ Inter. Fund. Ltd. | EUR | 5.000.000 | 0 | 0 | % | 99,390 | 4.969.476,00 | 0,14 |
|  | (Ldn Br.) MTN 19/24 | EUR | 5.000.000 | 0 | 0 | % | 96,562 | 4.828.117,00 | 0,13 |
| XS2070192591 | 0,6250 % Boston Scientific Corp. Notes 19/27 | EUR | 1.250.000 | 0 | 0 | % | 87,806 | 1.097.570,25 | 0,03 |
| XS2135797202 | 1,8760 % BP Capital Markets PLC MTN 20/24 | EUR | 5.000.000 | 0 | 0 | % | 99,967 | 4.998.329,00 | 0,14 |
| XS2135799679 | 2,5190 % BP Capital Markets PLC MTN 20/28 | EUR | 5.000.000 | 0 | 0 | % | 97,585 | 4.879.264,00 | 0,13 |
| FR0013312501 | 1,6250 % BPCE S.A. Non-Pref. MTN 18/28 | EUR | 6.000.000 | 0 | 0 | % | 90,374 | 5.422.468,80 | 0,15 |
| FR0013455540 | 0,5000 % BPCE S.A. Non-Preferred MTN 19/27 | EUR | 5.000.000 | 0 | 0 | % | 87,925 | 4.396.244,50 | 0,12 |
| FR0013396447 | 1,0000 % BPCE S.A. Preferred MTN 19/24 | EUR | 2.600.000 | 0 | 0 | % | 98,002 | 2.548.052,00 | 0,07 |
| FR0013111903 | 0,3750 % BPCE SFH MT Obl.Fin.Hab. 16/23 | EUR | 3.600.000 | 0 | 0 | % | 100,045 | 3.601.629,00 | 0,10 |

Die Fußnotenerklärungen befinden sich am Ende der Tabelle.

#### Vermögensaufstellung zum 30.06.2022
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2022 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FR0013383346 XS1385945131 | 0,7500 % BPCE SFH MT Obl.Fin.Hab. 18/26 2,3750 % Bque Fédérative du | EUR | 4.800.000 | 0 | 0 | % | 95,385 | 4.578.501,60 | 0,13 |
| XS1824240136 | Cr. Mutuel MTN 16/26 2,5000 % Bque Fédérative du | EUR | 4.300.000 | 0 | 0 | % | 95,502 | 4.106.600,19 | 0,11 |
| FR0013476553 | Cr. Mutuel MTN 18/28 0,7500 % Bque Fédérative du Cr. Mu- | EUR | 3.000.000 | 0 | 0 | % | 90,512 | 2.715.360,30 | 0,07 |
| FR0013386539 | tuel Non-Pref. MTN 20/30 0,7500 % Bque Fédérative du Cr. Mu- | EUR | 4.300.000 | 0 | 0 | % | 80,758 | 3.472.585,83 | 0,10 |
|  | tuel Preferred MTN 19/23 | EUR | 3.900.000 | 0 | 0 | % | 99,479 | 3.879.695,43 | 0,11 |
| XS1382696398 | 3,0000 % Bulgarien MTN 16/28 | EUR | 5.000.000 | 0 | 0 | % | 97,411 | 4.870.571,50 | 0,13 |
| DE0001102424 | 0,5000 % Bundesrep.Deutschland Anl. 17/27 | EUR | 6.050.000 | 0 | 0 | % | 96,839 | 5.858.759,50 | 0,16 |
| DE0001102465 | 0,2500 % Bundesrep.Deutschland Anl. 19/29 | EUR | 6.000.000 | 0 | 15.000.000 | % | 93,754 | 5.625.239,40 | 0,15 |
| DE0001102499 | 0,0000 % Bundesrep.Deutschland Anl. 20/30 | EUR | 8.500.000 | 0 | 40.000.000 | % | 90,712 | 7.710.519,15 | 0,21 |
| DE0001102531 | 0,0000 % Bundesrep.Deutschland Anl. 21/31 | EUR | 11.200.000 | 20.000.000 | 35.000.000 | % | 89,051 | 9.973.710,88 | 0,27 |
| DE0001102580 DE0001104875 | 0,0000 % Bundesrep.Deutschland Anl. 22/32 0,0000 % Bundesrep.Deutschland | EUR | 38.000.000 | 73.000.000 | 35.000.000 | % | 87,117 | 33.104.456,20 | 0,91 |
| FR0013534559 | Bundesschatzanw. 22/24 0,0000 % Cais. d‘Amort.de la | EUR | 20.000.000 | 20.000.000 | 0 | % | 99,004 | 19.800.800,00 | 0,55 |
| XS2200150766 | Dette Soc. MTN 20/30 0,7500 % Caixabank S.A. FLR | EUR | 5.000.000 | 0 | 0 | % | 84,291 | 4.214.561,50 | 0,12 |
|  | Preferred MTN 20/26 | EUR | 5.000.000 | 0 | 0 | % | 93,748 | 4.687.408,00 | 0,13 |
| XS2102931594 XS1796257092 | 0,3750 % Caixabank S.A. Preferred MTN 20/25 0,7500 % Canadian Imperial Bk | EUR | 5.000.000 | 0 | 0 | % | 94,648 | 4.732.384,50 | 0,13 |
| XS1991125896 | of Comm. MTN 18/23 0,3750 % Canadian Imperial Bk | EUR | 5.100.000 | 0 | 0 | % | 99,957 | 5.097.825,87 | 0,14 |
|  | of Comm. MTN 19/24 | EUR | 5.000.000 | 0 | 0 | % | 97,002 | 4.850.108,50 | 0,13 |
| XS1401331753 | 0,7500 % Carrefour S.A. MTN 16/24 | EUR | 750.000 | 0 | 0 | % | 97,449 | 730.866,75 | 0,02 |
| FR0013505260 | 2,6250 % Carrefour S.A. MTN 20/27 | EUR | 5.000.000 | 0 | 0 | % | 95,669 | 4.783.459,50 | 0,13 |
| XS2091606330 FR0013106630 | 0,8750 % Chubb INA Holdings Inc. Notes 19/29 1,0000 % Cie de Financement Fon- | EUR | 5.000.000 | 0 | 0 | % | 84,213 | 4.210.642,50 | 0,12 |
| FR0013413382 | cier MT Obl. Fonc. 16/26 0,3750 % Cie de Financement Fon- | EUR | 6.000.000 | 0 | 0 | % | 97,458 | 5.847.508,20 | 0,16 |
| FR0013445129 | cier MT Obl. Fonc. 19/27 0,0100 % Cie de Financement Fon- | EUR | 3.300.000 | 0 | 0 | % | 93,058 | 3.070.921,92 | 0,08 |
| FR0014006276 | cier MT Obl. Fonc. 19/27 0,0100 % Cie de Financement Fon- | EUR | 9.000.000 | 0 | 0 | % | 89,940 | 8.094.642,30 | 0,22 |
|  | cier MT Obl. Fonc. 21/27 | EUR | 4.000.000 | 0 | 0 | % | 90,016 | 3.600.634,80 | 0,10 |
| XS1068874970 | 2,3750 % Citigroup Inc. MTN 14/24 | EUR | 3.800.000 | 0 | 0 | % | 100,315 | 3.811.984,82 | 0,10 |
| XS1107727007 XS1377682676 | 2,1250 % Citigroup Inc. MTN 14/26 1,8750 % Coca Cola HBC Fi- | EUR | 6.800.000 | 0 | 0 | % | 96,396 | 6.554.952,48 | 0,18 |
| XS2082345955 | nance B.V. MTN 16/24 0,6250 % Coca Cola HBC Fi- | EUR | 1.550.000 | 0 | 0 | % | 99,144 | 1.536.737,43 | 0,04 |
| DE000CZ45VB7 | nance B.V. MTN 19/29 0,2500 % Commerzbank AG | EUR | 2.750.000 | 0 | 0 | % | 81,440 | 2.239.606,88 | 0,06 |
| XS2397077426 | MTN IHS S.939 19/24 0,1250 % Commonwealth Bank of | EUR | 5.000.000 | 0 | 0 | % | 94,162 | 4.708.097,00 | 0,13 |
| XS1750349190 | Australia MT Cov. Bds 21/29 1,1250 % Commonwealth Bank | EUR | 5.000.000 | 0 | 0 | % | 85,485 | 4.274.251,00 | 0,12 |
| XS1637093508 | of Australia MTN 18/28 0,6250 % Compass Group Fin. | EUR | 5.000.000 | 0 | 0 | % | 92,261 | 4.613.043,50 | 0,13 |
|  | Netherl. BV MTN 17/24 | EUR | 5.600.000 | 0 | 0 | % | 97,289 | 5.448.159,36 | 0,15 |
| XS2056430874 XS1180130939 | 0,3750 % Continental AG MTN 19/25 1,3750 % Coöperatieve Rabo- | EUR | 3.500.000 | 0 | 0 | % | 93,540 | 3.273.884,95 | 0,09 |
| XS1956955980 | bank U.A. MTN 15/27 0,6250 % Coöperatieve Rabobank | EUR | 7.000.000 | 0 | 0 | % | 95,887 | 6.712.119,40 | 0,18 |
| XS1790990474 | U.A. Non-Preferred MTN 19/24 1,3750 % Credit Agricole S.A. (Ldn | EUR | 2.900.000 | 0 | 0 | % | 98,107 | 2.845.113,73 | 0,08 |
| FR0014000Y93 | Br.) Non-Pref. MTN 18/25 0,1250 % Crédit Agricole S.A. | EUR | 5.000.000 | 0 | 0 | % | 96,631 | 4.831.543,50 | 0,13 |
|  | Non-Pref. MTN 20/27 | EUR | 5.000.000 | 0 | 0 | % | 84,016 | 4.200.821,50 | 0,12 |
| FR0013511227 FR0013113453 | 0,8750 % Crédit Mutuel Arkéa MTN 20/27 0,3750 % Crédit Mutuel HomeLoan | EUR | 5.000.000 | 0 | 0 | % | 90,375 | 4.518.740,00 | 0,12 |
|  | SFH SA MT Obl.Fin.Hab.16/22 | EUR | 4.800.000 | 0 | 0 | % | 100,116 | 4.805.561,28 | 0,13 |
| XS1505896735 | 1,3750 % CRH Finance DAC MTN 16/28 | EUR | 5.000.000 | 0 | 0 | % | 91,121 | 4.556.026,50 | 0,13 |
| XS2169281487 | 1,6250 % CRH Funding B.V. MTN 20/30 | EUR | 5.000.000 | 0 | 0 | % | 86,449 | 4.322.432,50 | 0,12 |

Die Fußnotenerklärungen befinden sich am Ende der Tabelle.

#### Vermögensaufstellung zum 30.06.2022
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2022 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS2078761785 | 1,3750 % Danske Bank AS FLR MTN 19/30 | EUR | 2.200.000 | 0 | 0 | % | 92,336 | 2.031.402,34 | 0,06 |
| XS2299135819 XS2046595836 | 1,0000 % Danske Bank AS FLR MTN 21/31 0,5000 % Danske Bank AS FLR | EUR | 2.150.000 | 0 | 0 | % | 87,097 | 1.872.581,42 | 0,05 |
| XS2082333787 | Non-Pref. MTN 19/25 0,3000 % DekaBank Dt.Girozentrale | EUR | 5.000.000 | 0 | 0 | % | 95,171 | 4.758.526,50 | 0,13 |
| XS0969368934 | MTN Anl. Ausg.150 19/26 2,5000 % Deutsche Bahn Fi- | EUR | 1.400.000 | 0 | 0 | % | 92,769 | 1.298.771,18 | 0,04 |
|  | nance GmbH MTN 13/23 | EUR | 3.100.000 | 0 | 0 | % | 101,614 | 3.150.047,64 | 0,09 |
| DE000DL19VT2 | 0,7500 % Deutsche Bank AG FLR MTN 21/27 | EUR | 2.200.000 | 0 | 0 | % | 88,459 | 1.946.099,32 | 0,05 |
| DE000DL19U23 DE000A3T0X22 | 1,6250 % Deutsche Bank AG MTN 20/27 0,2500 % Deutsche Pfandbrief- | EUR | 2.500.000 | 0 | 0 | % | 89,531 | 2.238.269,25 | 0,06 |
|  | bank AG MTN R.35408 21/25 | EUR | 2.300.000 | 0 | 0 | % | 90,427 | 2.079.813,18 | 0,06 |
| XS0977496636 XS0525787874 | 2,7500 % Deutsche Post AG MTN 13/23 4,2500 % Deutsche Telekom | EUR | 5.000.000 | 0 | 0 | % | 101,833 | 5.091.653,00 | 0,14 |
| XS1382792197 | Intl Fin.B.V. MTN 10/22 0,6250 % Deutsche Telekom | EUR | 5.000.000 | 0 | 0 | % | 100,105 | 5.005.246,50 | 0,14 |
| XS1557095616 | Intl Fin.B.V. MTN 16/23 1,3750 % Deutsche Telekom | EUR | 3.100.000 | 0 | 0 | % | 99,786 | 3.093.354,53 | 0,09 |
|  | Intl Fin.B.V. MTN 17/27 | EUR | 5.000.000 | 0 | 0 | % | 95,561 | 4.778.027,50 | 0,13 |
| XS1348774644 XS1829348793 | 0,7500 % Dexia Crédit Local S.A. MTN 16/23 0,2500 % Dexia Crédit Lo- | EUR | 4.850.000 | 0 | 0 | % | 100,246 | 4.861.929,06 | 0,13 |
|  | cal S.A. MTN 18/23 Reg.S | EUR | 5.000.000 | 0 | 0 | % | 99,566 | 4.978.307,50 | 0,14 |
| XS1637162592 | 1,2000 % DH Europe Finance S.a.r.l. Notes 17/27 | EUR | 6.250.000 | 0 | 0 | % | 92,955 | 5.809.678,13 | 0,16 |
| XS2240063730 XS1396253236 | 0,1250 % Diageo Capital B.V. MTN 20/28 0,2500 % DNB Boligkreditt A.S. | EUR | 5.000.000 | 0 | 0 | % | 85,363 | 4.268.152,00 | 0,12 |
| DE000A13SWC0 | Mortg. Cov. MTN 16/23 0,5000 % Dt. Pfandbriefbank AG | EUR | 4.800.000 | 0 | 0 | % | 99,743 | 4.787.675,52 | 0,13 |
| DE000A3E5UY4 | MTN Hyp.-Pfe. R.15249 16/23 0,0100 % DZ HYP AG MTN | EUR | 5.500.000 | 0 | 0 | % | 100,088 | 5.504.848,25 | 0,15 |
| DE000A161ZQ3 | Hyp.-Pfe. R.1239 21/26 0,7500 % DZ HYP AG MTN Hyp.- | EUR | 5.000.000 | 0 | 0 | % | 92,657 | 4.632.850,00 | 0,13 |
| DE000A2GSP56 | Pfe. R.371 15/26 [WL] 0,8750 % DZ HYP AG MTN Hyp.- | EUR | 5.000.000 | 0 | 0 | % | 96,759 | 4.837.957,50 | 0,13 |
|  | Pfe. R.392 18/28 [WL] | EUR | 9.400.000 | 0 | 0 | % | 94,211 | 8.855.792,64 | 0,24 |
| XS2069380488 | 0,0000 % E.ON SE MTN 19/22 | EUR | 3.150.000 | 0 | 0 | % | 99,776 | 3.142.930,46 | 0,09 |
| XS2103015009 | 0,0000 % E.ON SE MTN 20/23 | EUR | 3.400.000 | 0 | 0 | % | 97,939 | 3.329.927,02 | 0,09 |
| XS2433244089 | 0,1250 % E.ON SE MTN 22/26 | EUR | 3.300.000 | 3.300.000 | 0 | % | 91,689 | 3.025.722,48 | 0,08 |
| XS1255433754 | 2,6250 % Ecolab Inc. Notes 15/25 | EUR | 5.000.000 | 0 | 0 | % | 101,237 | 5.061.849,50 | 0,14 |
| XS1721051495 XS1403388694 | 1,5000 % EDP Finance B.V. MTN 17/27 1,3750 % Enagás Financiacio- | EUR | 6.000.000 | 0 | 0 | % | 92,721 | 5.563.262,40 | 0,15 |
| XS2156607702 | nes S.A.U. MTN 16/28 0,6250 % EnBW International Fi- | EUR | 3.300.000 | 0 | 0 | % | 93,352 | 3.080.630,52 | 0,08 |
| XS2306986782 | nance BV MTN 20/25 0,1250 % EnBW International Fi- | EUR | 5.000.000 | 0 | 0 | % | 94,971 | 4.748.572,00 | 0,13 |
|  | nance BV MTN 21/28 | EUR | 3.300.000 | 0 | 0 | % | 83,161 | 2.744.318,28 | 0,08 |
| XS1937665955 | 1,5000 % ENEL Finance Intl N.V. MTN 19/25 | EUR | 2.000.000 | 0 | 0 | % | 97,708 | 1.954.153,20 | 0,05 |
| XS2432293673 | 0,2500 % ENEL Finance Intl N.V. MTN 22/25 | EUR | 5.400.000 | 5.400.000 | 0 | % | 92,466 | 4.993.145,64 | 0,14 |
| XS1713463559 | 3,3750 % ENEL S.p.A. FLR Cap. Secs 18/Und. | EUR | 5.000.000 | 0 | 0 | % | 88,457 | 4.422.854,50 | 0,12 |
| FR0012602761 | 1,0000 % Engie S.A. MTN 15/26 | EUR | 5.000.000 | 0 | 0 | % | 94,953 | 4.747.655,50 | 0,13 |
| FR0013455813 | 0,5000 % Engie S.A. MTN 19/30 | EUR | 4.900.000 | 0 | 0 | % | 80,511 | 3.945.039,00 | 0,11 |
| XS2242929532 | 2,6250 % ENI S.p.A. FLR Notes 20/Und. | EUR | 2.000.000 | 0 | 0 | % | 89,689 | 1.793.776,60 | 0,05 |
| XS1023703090 XS1346557637 | 3,6250 % ENI S.p.A. MTN 14/29 0,6250 % Erste Group Bank | EUR | 5.000.000 | 0 | 0 | % | 102,410 | 5.120.497,00 | 0,14 |
|  | AG MT Hyp.-Pfe. 16/23 | EUR | 4.800.000 | 0 | 0 | % | 100,165 | 4.807.932,96 | 0,13 |
| AT0000A2N837 EU000A1G0DC6 | 0,2500 % Erste Group Bank AG Pref. MTN 21/31 0,5000 % Europ.Fin.Stab.Faci- | EUR | 3.600.000 | 0 | 0 | % | 76,249 | 2.744.973,72 | 0,08 |
| EU000A1G0EA8 | lity (EFSF) MTN 15/23 0,2000 % Europ.Fin.Stab.Faci- | EUR | 10.000.000 | 0 | 0 | % | 100,171 | 10.017.145,00 | 0,28 |
| EU000A1G0ED2 | lity (EFSF) MTN 18/24 0,8750 % Europ.Fin.Stab.Faci- | EUR | 20.000.000 | 0 | 0 | % | 98,844 | 19.768.804,00 | 0,54 |
|  | lity (EFSF) MTN 19/35 | EUR | 13.000.000 | 0 | 0 | % | 82,622 | 10.740.896,40 | 0,30 |
| EU000A284451 | 0,0000 % Europaeische Union MTN 20/25 | EUR | 800.000 | 0 | 0 | % | 95,746 | 765.967,92 | 0,02 |
| EU000A3KSXE1 EU000A1U9944 | 0,0000 % Europaeische Union MTN 21/31 0,5000 % Europäischer Stabili- | EUR | 40.000.000 | 20.000.000 | 0 | % | 83,060 | 33.223.824,00 | 0,91 |
|  | täts.(ESM) MTN 16/26 | EUR | 20.000.000 | 0 | 0 | % | 96,541 | 19.308.186,00 | 0,53 |

Die Fußnotenerklärungen befinden sich am Ende der Tabelle.

#### Vermögensaufstellung zum 30.06.2022
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2022 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS1280834992 | 0,5000 % European Invest- |  |  |  |  |  |  |  |  |
| XS1950839677 | ment Bank MTN 15/23 0,0500 % European Invest- | EUR | 20.000.000 | 0 | 0 | % | 99,539 | 19.907.740,00 | 0,55 |
| XS1938387237 | ment Bank MTN 19/24 0,6250 % European Invest- | EUR | 15.300.000 | 0 | 0 | % | 98,010 | 14.995.556,01 | 0,41 |
|  | ment Bank MTN 19/29 | EUR | 12.000.000 | 0 | 0 | % | 92,294 | 11.075.312,40 | 0,30 |
| BE0002826072 BE0002831122 | 0,3000 % Flaemische Gemeinschaft MTN 21/31 0,6250 % Fluvius System Ope- | EUR | 2.600.000 | 0 | 0 | % | 84,381 | 2.193.909,38 | 0,06 |
|  | rator CVBA MTN 21/31 | EUR | 2.900.000 | 0 | 0 | % | 75,293 | 2.183.483,95 | 0,06 |
| XS1956028168 DE000A1680J6 | 0,8750 % Fortum Oyj MTN 19/23 0,5000 % Freie Hansestadt Bremen | EUR | 2.100.000 | 0 | 0 | % | 99,143 | 2.082.011,40 | 0,06 |
| DE000A1680L2 | Landessch. Ausg.201 15/22 0,3750 % Freie Hansestadt Bremen | EUR | 6.000.000 | 0 | 0 | % | 100,149 | 6.008.943,60 | 0,17 |
| DE000A1YCQK7 | Landessch. Ausg.203 16/24 0,5000 % Freie u.Hansestadt Ham- | EUR | 10.000.000 | 0 | 0 | % | 98,851 | 9.885.075,00 | 0,27 |
| XS2325565104 | burg Landessch. Ausg.2 16/26 0,5000 % Fresenius Finance Ire- | EUR | 10.000.000 | 0 | 0 | % | 95,943 | 9.594.250,00 | 0,26 |
|  | land PLC MTN 21/28 | EUR | 5.000.000 | 0 | 0 | % | 81,858 | 4.092.903,50 | 0,11 |
| XS1936208419 XS1485748393 | 2,8750 % Fresenius SE & Co. KGaA MTN 19/29 0,9550 % General Motors Fi- | EUR | 5.000.000 | 0 | 0 | % | 95,068 | 4.753.400,00 | 0,13 |
| XS2049548444 | nancial Co. MTN 16/23 0,2000 % General Motors Fi- | EUR | 10.000.000 | 0 | 0 | % | 98,526 | 9.852.550,00 | 0,27 |
| XS1939356645 | nancial Co. MTN 19/22 2,2000 % General Motors Fi- | EUR | 2.150.000 | 0 | 0 | % | 99,838 | 2.146.511,20 | 0,06 |
| XS2307768734 | nancial Co. MTN 19/24 0,6000 % General Motors Fi- | EUR | 1.900.000 | 0 | 0 | % | 99,062 | 1.882.173,63 | 0,05 |
|  | nancial Co. MTN 21/27 | EUR | 1.800.000 | 0 | 0 | % | 83,454 | 1.502.177,22 | 0,04 |
| XS1147605791 | 1,3750 % GlaxoSmithKline Cap. PLC MTN 14/24 | EUR | 5.000.000 | 0 | 0 | % | 99,261 | 4.963.046,00 | 0,14 |
| XS1529515584 | 1,5000 % HeidelbergCement AG MTN 16/25 | EUR | 1.300.000 | 0 | 0 | % | 96,546 | 1.255.102,42 | 0,03 |
| XS1330434389 | 1,5000 % Heineken N.V. MTN 15/24 | EUR | 3.000.000 | 0 | 0 | % | 98,959 | 2.968.777,20 | 0,08 |
| XS1401174633 | 1,0000 % Heineken N.V. MTN 16/26 | EUR | 4.850.000 | 0 | 0 | % | 94,357 | 4.576.315,47 | 0,13 |
| XS1527192485 AT0000A2RY95 | 1,3750 % Heineken N.V. MTN 16/27 0,1250 % HYPO NOE LB f. Nied.u.Wien | EUR | 1.300.000 | 0 | 0 | % | 94,680 | 1.230.845,59 | 0,03 |
|  | AG MT Mor.Cov.Nts 21/31 | EUR | 5.000.000 | 0 | 0 | % | 82,040 | 4.102.024,50 | 0,11 |
| XS1527758145 XS1398476793 | 1,0000 % Iberdrola Finanzas S.A. MTN 16/24 1,1250 % Iberdrola Internati- | EUR | 1.900.000 | 0 | 0 | % | 99,606 | 1.892.507,92 | 0,05 |
|  | onal B.V. MTN 16/26 | EUR | 3.300.000 | 0 | 0 | % | 96,772 | 3.193.469,07 | 0,09 |
| XS1796079488 | 2,0000 % ING Groep N.V. FLR MTN 18/30 | EUR | 4.800.000 | 0 | 0 | % | 94,298 | 4.526.319,84 | 0,12 |
| XS2049154078 | 0,1000 % ING Groep N.V. FLR MTN 19/25 | EUR | 2.200.000 | 0 | 0 | % | 94,305 | 2.074.718,36 | 0,06 |
| XS2079079799 XS2022424993 | 1,0000 % ING Groep N.V. FLR MTN 19/30 1,7500 % Intesa Sanpaolo | EUR | 1.800.000 | 0 | 0 | % | 89,110 | 1.603.983,96 | 0,04 |
| XS1843459782 | S.p.A. Pref. MTN 19/29 1,8000 % Intl Flavors & Fragran- | EUR | 5.000.000 | 0 | 0 | % | 86,381 | 4.319.036,00 | 0,12 |
|  | ces Inc. Notes 18/26 | EUR | 5.000.000 | 0 | 0 | % | 94,181 | 4.709.069,50 | 0,13 |
| XS2433136194 XS2231330965 | 0,6250 % Israel MTN 22/32 0,3750 % John.Cont.Intl/Tyco | EUR | 6.000.000 | 6.000.000 | 0 | % | 80,224 | 4.813.418,40 | 0,13 |
| XS2123320033 | F.+Sec.F. Notes 20/27 0,3890 % JPMorgan Chase & | EUR | 5.000.000 | 0 | 0 | % | 84,589 | 4.229.430,50 | 0,12 |
|  | Co. FLR MTN 20/28 | EUR | 3.300.000 | 0 | 0 | % | 87,746 | 2.895.620,97 | 0,08 |
| XS1174469137 | 1,5000 % JPMorgan Chase & Co. MTN 15/25 | EUR | 5.000.000 | 0 | 0 | % | 98,080 | 4.903.989,00 | 0,13 |
| XS1402921412 | 1,5000 % JPMorgan Chase & Co. MTN 16/26 | EUR | 3.150.000 | 0 | 0 | % | 94,408 | 2.973.850,43 | 0,08 |
| FR0013165677 | 1,2500 % Kering S.A. MTN 16/26 | EUR | 2.000.000 | 0 | 0 | % | 96,423 | 1.928.459,40 | 0,05 |
| BE0000352618 | 0,0000 % Koenigreich Belgien Bons d‘Etat 21/31 | EUR | 30.000.000 | 0 | 0 | % | 83,346 | 25.003.875,00 | 0,69 |
| ES0000012H41 | 0,1000 % Koenigreich Spanien Bonos 21/31 | EUR | 39.200.000 | 5.000.000 | 10.000.000 | % | 82,229 | 32.233.638,64 | 0,89 |
| BE0000332412 | 2,6000 % Königreich Belgien Obl. Lin. S.72 14/24 | EUR | 10.000.000 | 0 | 0 | % | 103,578 | 10.357.790,00 | 0,29 |
| BE0000341504 | 0,8000 % Königreich Belgien Obl. Lin. S.81 17/27 | EUR | 28.000.000 | 0 | 0 | % | 97,233 | 27.225.136,40 | 0,75 |
| NL0014555419 | 0,0000 % Königreich Niederlande Anl. 20/30 | EUR | 16.000.000 | 0 | 0 | % | 88,027 | 14.084.318,40 | 0,39 |
| ES00000123X3 | 4,4000 % Königreich Spanien Bonos 13/23 | EUR | 28.500.000 | 0 | 30.000.000 | % | 104,615 | 29.815.275,00 | 0,82 |
| ES00000126Z1 | 1,6000 % Königreich Spanien Bonos 15/25 | EUR | 35.000.000 | 0 | 12.000.000 | % | 100,734 | 35.256.900,00 | 0,97 |
| ES0000012B39 ES00000128H5 | 1,4000 % Königreich Spanien Bonos 18/28 1,3000 % Königreich Spa- | EUR | 60.000.000 | 0 | 0 | % | 97,134 | 58.280.394,00 | 1,61 |
|  | nien Obligaciones 16/26 | EUR | 36.000.000 | 0 | 0 | % | 98,570 | 35.485.200,00 | 0,98 |
| DE000A11QTD2 | 0,6250 % Kreditanst.f.Wiederaufbau Anl. 15/25 | EUR | 40.000.000 | 0 | 0 | % | 98,770 | 39.508.036,00 | 1,09 |
| DE000A168Y22 | 0,3750 % Kreditanst.f.Wiederaufbau Anl. 16/23 | EUR | 15.000.000 | 0 | 0 | % | 100,053 | 15.007.881,00 | 0,41 |
| DE000A11QTF7 | 0,3750 % Kreditanst.f.Wiederaufbau MTN 15/30 | EUR | 20.000.000 | 0 | 0 | % | 88,592 | 17.718.428,00 | 0,49 |

Die Fußnotenerklärungen befinden sich am Ende der Tabelle.

#### Vermögensaufstellung zum 30.06.2022
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2022 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ES0343307015 | 0,5000 % Kutxabank S.A. Non- |  |  |  |  |  |  |  |  |
| FR0013090578 | Preferred Bonos 19/24 0,5000 % La Banq. Postale Home | EUR | 5.000.000 | 0 | 0 | % | 95,307 | 4.765.363,50 | 0,13 |
|  | Loan SFH MT Obl.FinHab 16/23 | EUR | 3.850.000 | 0 | 0 | % | 100,106 | 3.854.070,99 | 0,11 |
| FR0014001R34 FR0013518024 | 0,7500 % La Banque Postale FLR MTN 21/32 0,5000 % La Banque Postale | EUR | 2.100.000 | 0 | 0 | % | 80,808 | 1.696.975,98 | 0,05 |
| DE000NRW0KB3 | FLR Non-Pref. MTN 20/26 0,5000 % Land Nordrhein-Westfalen | EUR | 5.000.000 | 0 | 0 | % | 92,819 | 4.640.956,00 | 0,13 |
| DE000RLP0736 | MT Landessch.R.1435 17/27 0,1250 % Land Rheinland- | EUR | 10.000.000 | 0 | 0 | % | 95,118 | 9.511.809,00 | 0,26 |
| DE000RLP0728 | Pfalz Landessch. 16/22 0,7500 % Land Rheinland- | EUR | 6.000.000 | 0 | 0 | % | 99,836 | 5.990.173,20 | 0,16 |
| XS2080581189 | Pfalz Landessch. 16/26 0,1250 % Lb.Hessen-Thüringen | EUR | 5.000.000 | 0 | 0 | % | 97,350 | 4.867.484,00 | 0,13 |
| DE000LB2V833 | GZ MTN IHS S.H339 19/24 0,3750 % Ldsbk Baden-Wuert- | EUR | 4.400.000 | 0 | 0 | % | 95,664 | 4.209.194,88 | 0,12 |
|  | temb. MTN S.826 21/28 | EUR | 4.000.000 | 0 | 0 | % | 84,746 | 3.389.826,00 | 0,09 |
| XS1397134609 | 1,0000 % Linde Finance B.V. MTN 16/28 | EUR | 5.150.000 | 0 | 0 | % | 92,184 | 4.747.481,67 | 0,13 |
| XS1795392502 XS2148623106 | 0,6250 % Lloyds Bank PLC MT Cov. Bds 18/25 3,5000 % Lloyds Banking Group | EUR | 7.550.000 | 0 | 0 | % | 97,313 | 7.347.109,61 | 0,20 |
| FR0013405347 | PLC FLR MTN 20/26 0,1250 % LVMH Moët Henn. L. | EUR | 5.000.000 | 0 | 0 | % | 100,878 | 5.043.875,00 | 0,14 |
| FR0013482833 | Vuitton SE MTN 19/23 0,1250 % LVMH Moët Henn. L. | EUR | 1.300.000 | 0 | 0 | % | 99,865 | 1.298.246,43 | 0,04 |
|  | Vuitton SE MTN 20/28 | EUR | 5.300.000 | 0 | 0 | % | 88,637 | 4.697.785,38 | 0,13 |
| XS2265371042 | 0,3500 % Macquarie Group Ltd. MTN 20/28 | EUR | 5.000.000 | 0 | 0 | % | 82,914 | 4.145.712,00 | 0,11 |
| XS2343850033 XS2227196404 | 0,9500 % Macquarie Group Ltd. MTN 21/31 1,0000 % Mediobanca - Bca Cred. | EUR | 2.000.000 | 0 | 0 | % | 77,178 | 1.543.550,00 | 0,04 |
|  | Fin. SpA Preferred MTN 20/27 | EUR | 5.000.000 | 0 | 0 | % | 87,436 | 4.371.801,50 | 0,12 |
| DE000A289XJ2 XS2102916793 | 2,0000 % Mercedes-Benz Int.Fin. B.V.MTN 20/26 0,1250 % Merck Financial Ser- | EUR | 5.000.000 | 0 | 0 | % | 98,474 | 4.923.711,00 | 0,14 |
|  | vices GmbH MTN 20/25 | EUR | 1.800.000 | 0 | 0 | % | 94,402 | 1.699.233,12 | 0,05 |
| XS2292263121 | 0,4970 % Morgan Stanley FLR MTN S.J 21/31 | EUR | 3.800.000 | 0 | 0 | % | 79,567 | 3.023.548,28 | 0,08 |
| XS1379171140 DE000MHB64E1 | 1,7500 % Morgan Stanley MTN 16/24 0,3750 % Muenchener Hypotheken- | EUR | 6.650.000 | 0 | 0 | % | 99,382 | 6.608.922,95 | 0,18 |
|  | bank MTN IHS S.1927 21/29 | EUR | 4.600.000 | 0 | 0 | % | 81,831 | 3.764.223,24 | 0,10 |
| XS1548533329 XS2385790667 | 0,6250 % Municipality Finance PLC MTN 17/26 0,2500 % Nationwide Buil- | EUR | 6.000.000 | 0 | 0 | % | 95,479 | 5.728.733,40 | 0,16 |
|  | ding Society MTN 21/28 | EUR | 5.000.000 | 0 | 0 | % | 83,626 | 4.181.321,00 | 0,12 |
| XS1396767854 | 1,2500 % Naturgy Finance B.V. MTN 16/26 | EUR | 1.000.000 | 0 | 0 | % | 94,209 | 942.089,40 | 0,03 |
| XS1551446880 | 1,3750 % Naturgy Finance B.V. MTN 17/27 | EUR | 3.800.000 | 0 | 0 | % | 93,423 | 3.550.055,00 | 0,10 |
| XS2150006646 | 2,7500 % NatWest Markets PLC MTN 20/25 | EUR | 5.000.000 | 0 | 0 | % | 100,405 | 5.020.254,00 | 0,14 |
| XS1409382030 XS1346315382 | 1,0000 % Nederlandse Gasunie, N.V. MTN 16/26 0,5000 % Nederlandse Wa- | EUR | 2.700.000 | 0 | 0 | % | 95,431 | 2.576.626,20 | 0,07 |
| XS2411638575 | terschapsbank NV MTN 16/23 0,1250 % NIBC Bank N.V. MT | EUR | 10.000.000 | 0 | 0 | % | 100,126 | 10.012.636,00 | 0,28 |
|  | Mortg.Cov. Bds 21/30 | EUR | 5.400.000 | 0 | 0 | % | 83,571 | 4.512.836,70 | 0,12 |
| XS2432361421 | 0,8750 % NIBC Bank N.V. MTN 22/27 | EUR | 6.700.000 | 6.700.000 | 0 | % | 84,810 | 5.682.272,68 | 0,16 |
| XS2023631489 | 0,8750 % NIBC Bank N.V. Preferred MTN 19/25 | EUR | 5.000.000 | 0 | 0 | % | 93,312 | 4.665.578,50 | 0,13 |
| XS2411166973 DE000DHY4614 | 0,8750 % NN Group N.V. MTN 21/31 0,2500 % Norddte Ldsbk -GZ- | EUR | 4.500.000 | 0 | 0 | % | 79,732 | 3.587.917,50 | 0,10 |
|  | MTN Hyp.-Pfe. S.461 16/23 | EUR | 6.000.000 | 0 | 0 | % | 99,866 | 5.991.987,60 | 0,16 |
| XS1189263400 | 1,1250 % Nordea Bank Abp MTN 15/25 | EUR | 5.100.000 | 0 | 0 | % | 97,504 | 4.972.718,28 | 0,14 |
| XS1368470156 | 1,0000 % Nordea Bank Abp MTN 16/23 | EUR | 6.000.000 | 0 | 0 | % | 100,179 | 6.010.759,80 | 0,17 |
| XS1585010074 DK0009526998 | 1,1250 % Novartis Finance S.A. Notes 17/27 0,7500 % Nykredit Realkredit A/S | EUR | 5.000.000 | 0 | 0 | % | 95,669 | 4.783.443,50 | 0,13 |
|  | Non-Preferred MTN 20/27 | EUR | 5.000.000 | 0 | 0 | % | 88,990 | 4.449.500,00 | 0,12 |
| XS1956022716 | 0,3750 % OP Yrityspankki Oyj MTN 19/24 | EUR | 1.600.000 | 0 | 0 | % | 97,800 | 1.564.800,80 | 0,04 |
| XS1408317433 | 1,0000 % Orange S.A. MTN 16/25 | EUR | 5.600.000 | 0 | 0 | % | 96,655 | 5.412.702,96 | 0,15 |
| FR0013534484 | 0,1250 % Orange S.A. MTN 20/29 | EUR | 5.000.000 | 0 | 0 | % | 82,807 | 4.140.350,00 | 0,11 |
| FR0013456423 | 0,0000 % Pernod-Ricard S.A. Bonds 19/23 | EUR | 2.100.000 | 0 | 0 | % | 98,282 | 2.063.914,65 | 0,06 |
| XS2049582625 | 0,2500 % Prologis Euro Finance LLC Notes 19/27 | EUR | 2.000.000 | 0 | 0 | % | 85,145 | 1.702.899,40 | 0,05 |
| FR0013250693 | 1,6250 % RCI Banque S.A. MTN 17/25 | EUR | 5.000.000 | 0 | 0 | % | 95,051 | 4.752.556,50 | 0,13 |
| XS1079698376 | 2,1250 % Red Eléctrica Financ. S.A.U. MTN 14/23 | EUR | 5.000.000 | 0 | 0 | % | 101,007 | 5.050.358,50 | 0,14 |
| XS1384281090 | 1,3750 % RELX Finance B.V. Notes 16/26 | EUR | 6.250.000 | 0 | 0 | % | 95,715 | 5.982.206,88 | 0,16 |

Die Fußnotenerklärungen befinden sich am Ende der Tabelle.

#### Vermögensaufstellung zum 30.06.2022
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2022 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS2126162069 | 0,8750 % RELX Finance B.V. Notes 20/32 | EUR | 5.000.000 | 0 | 0 | % | 79,953 | 3.997.646,00 | 0,11 |
| XS1753814737 | 1,7500 % REN Finance B.V. MTN 18/28 | EUR | 3.000.000 | 0 | 0 | % | 93,708 | 2.811.238,80 | 0,08 |
| FR0011962398 | 1,7500 % Rep. Frankreich OAT 14/24 | EUR | 67.300.000 | 30.000.000 | 0 | % | 101,887 | 68.569.951,00 | 1,90 |
| FR0011883966 | 2,5000 % Rep. Frankreich OAT 14/30 | EUR | 55.000.000 | 20.000.000 | 0 | % | 105,993 | 58.296.150,00 | 1,61 |
| FR0013200813 | 0,2500 % Rep. Frankreich OAT 16/26 | EUR | 20.000.000 | 0 | 0 | % | 95,352 | 19.070.434,00 | 0,52 |
| FR0013250560 | 1,0000 % Rep. Frankreich OAT 16/27 | EUR | 20.000.000 | 0 | 0 | % | 98,205 | 19.641.000,00 | 0,54 |
| FR0013286192 | 0,7500 % Rep. Frankreich OAT 17/28 | EUR | 30.500.000 | 0 | 0 | % | 95,683 | 29.183.315,00 | 0,80 |
| FR0013344751 | 0,0000 % Rep. Frankreich OAT 18/24 | EUR | 20.000.000 | 20.000.000 | 0 | % | 98,909 | 19.781.850,00 | 0,54 |
| FR0013407236 | 0,5000 % Rep. Frankreich OAT 18/29 | EUR | 39.300.000 | 0 | 0 | % | 92,742 | 36.447.704,25 | 1,00 |
| FR0014002WK3 | 0,0000 % Rep. Frankreich OAT 20/31 | EUR | 47.000.000 | 20.000.000 | 40.000.000 | % | 83,627 | 39.304.685,30 | 1,08 |
| XS1432493440 | 3,7500 % Republik Indonesien MTN 16/28 Reg.S | EUR | 5.000.000 | 0 | 0 | % | 98,469 | 4.923.444,50 | 0,14 |
| XS2015295814 | 0,1000 % Republik Island MTN 19/24 | EUR | 1.600.000 | 0 | 0 | % | 96,533 | 1.544.520,00 | 0,04 |
| IT0004356843 | 4,7500 % Republik Italien B.T.P. 08/23 | EUR | 33.600.000 | 0 | 0 | % | 104,193 | 35.008.680,00 | 0,96 |
| IT0004889033 | 4,7500 % Republik Italien B.T.P. 13/28 | EUR | 27.000.000 | 27.000.000 | 0 | % | 111,166 | 30.014.685,00 | 0,83 |
| IT0005090318 | 1,5000 % Republik Italien B.T.P. 15/25 | EUR | 57.600.000 | 0 | 10.000.000 | % | 98,889 | 56.960.208,00 | 1,58 |
| IT0005282527 | 1,4500 % Republik Italien B.T.P. 17/24 | EUR | 40.000.000 | 20.000.000 | 0 | % | 99,445 | 39.777.892,00 | 1,10 |
| IT0005240830 | 2,2000 % Republik Italien B.T.P. 17/27 | EUR | 47.000.000 | 0 | 12.000.000 | % | 98,790 | 46.431.300,00 | 1,28 |
| IT0005323032 | 2,0000 % Republik Italien B.T.P. 18/28 | EUR | 41.000.000 | 0 | 20.000.000 | % | 96,901 | 39.729.410,00 | 1,09 |
| IT0005422891 | 0,9000 % Republik Italien B.T.P. 20/31 | EUR | 27.000.000 | 27.000.000 | 0 | % | 82,609 | 22.304.459,70 | 0,61 |
| IT0005466013 | 0,9500 % Republik Italien B.T.P. 21/32 | EUR | 30.000.000 | 30.000.000 | 0 | % | 80,090 | 24.027.000,00 | 0,66 |
| XS2376820259 | 0,0000 % Republik Korea Notes 21/26 | EUR | 950.000 | 0 | 0 | % | 91,880 | 872.860,29 | 0,02 |
| XS2361416915 | 0,0000 % Republik Lettland MTN 21/29 | EUR | 1.350.000 | 0 | 0 | % | 84,095 | 1.135.282,50 | 0,03 |
| XS2317123052 | 0,0000 % Republik Lettland MTN 21/31 | EUR | 3.500.000 | 0 | 0 | % | 79,751 | 2.791.297,60 | 0,08 |
| AT0000A185T1 | 1,6500 % Republik Österreich Bundesanl. 14/24 | EUR | 10.500.000 | 0 | 0 | % | 102,033 | 10.713.419,85 | 0,29 |
| AT0000A1K9C8 | 0,7500 % Republik Österreich Bundesanl. 16/26 | EUR | 30.000.000 | 0 | 0 | % | 97,857 | 29.357.034,00 | 0,81 |
| XS1015428821 | 3,0000 % Republik Polen MTN 14/24 | EUR | 5.000.000 | 0 | 0 | % | 102,201 | 5.110.069,00 | 0,14 |
| PTOTEKOE0011 | 2,8750 % Republik Portugal Obr. 15/25 | EUR | 36.000.000 | 0 | 0 | % | 104,987 | 37.795.320,00 | 1,04 |
| PTOTEXOE0024 | 1,9500 % Republik Portugal Obr. 19/29 | EUR | 10.000.000 | 0 | 0 | % | 99,881 | 9.988.100,00 | 0,27 |
| PTOTELOE0028 | 0,4750 % Republik Portugal Obr. 20/30 | EUR | 5.000.000 | 0 | 10.000.000 | % | 86,865 | 4.343.249,50 | 0,12 |
| XS1060842975 | 3,6250 % Republik Rumänien MTN 14/24 | EUR | 5.000.000 | 0 | 0 | % | 101,803 | 5.090.151,50 | 0,14 |
| XS1934867547 | 2,0000 % Republik Rumänien MTN 19/26 Reg.S | EUR | 5.000.000 | 0 | 0 | % | 89,531 | 4.476.560,50 | 0,12 |
| XS1371715118 | 0,5000 % Roche Finance Europe B.V. MTN 16/23 | EUR | 4.600.000 | 0 | 0 | % | 99,983 | 4.599.210,64 | 0,13 |
| XS2031862076 FR0013445137 | 0,1250 % Royal Bank of Canada MTN 19/24 0,0000 % RTE Réseau de | EUR | 5.000.000 | 0 | 0 | % | 95,998 | 4.799.916,50 | 0,13 |
|  | Transp.d‘Electr. MTN 19/27 | EUR | 2.700.000 | 0 | 0 | % | 87,374 | 2.359.089,63 | 0,06 |
| XS1888184121 | 2,2500 % Sampo OYJ MTN 18/30 | EUR | 3.000.000 | 0 | 0 | % | 94,472 | 2.834.158,80 | 0,08 |
| FR0011625433 | 2,5000 % Sanofi S.A. MTN 13/23 | EUR | 4.200.000 | 0 | 0 | % | 101,573 | 4.266.049,20 | 0,12 |
| FR0013144003 XS2050945984 | 1,1250 % Sanofi S.A. MTN 16/28 0,1250 % Santander Consu- | EUR | 4.600.000 | 0 | 0 | % | 94,234 | 4.334.786,54 | 0,12 |
| XS1955187692 | mer Bank AS MTN 19/24 0,3000 % Siemens Finan.maats- | EUR | 1.300.000 | 0 | 0 | % | 95,305 | 1.238.962,79 | 0,03 |
| XS2049616548 | chappij NV MTN 19/24 0,0000 % Siemens Finan.maats- | EUR | 1.300.000 | 0 | 0 | % | 98,488 | 1.280.341,66 | 0,04 |
| XS2118280218 | chappij NV MTN 19/24 0,0000 % Siemens Finan.maats- | EUR | 1.350.000 | 0 | 0 | % | 96,707 | 1.305.543,29 | 0,04 |
| XS2404247384 | chappij NV MTN 20/26 0,7500 % Skandinaviska Ens- | EUR | 4.100.000 | 0 | 0 | % | 92,551 | 3.794.601,25 | 0,10 |
| XS2356049069 | kilda Banken FLR MTN 21/31 0,3750 % Skandinaviska Enskilda | EUR | 2.600.000 | 0 | 0 | % | 87,231 | 2.268.014,06 | 0,06 |
|  | Banken Non-Pref. MTN 21/28 | EUR | 5.000.000 | 0 | 0 | % | 83,715 | 4.185.764,50 | 0,12 |
| XS1555402145 | 1,2500 % Snam S.p.A. MTN 17/25 | EUR | 1.725.000 | 0 | 3.275.000 | % | 97,781 | 1.686.725,01 | 0,05 |
| XS1938381628 FR0013311503 | 0,8750 % SNCF Réseau S.A. MTN 19/29 1,1250 % Société Générale S.A. | EUR | 5.300.000 | 0 | 0 | % | 93,669 | 4.964.451,70 | 0,14 |
| FR0013448859 | Non-Preferred MTN 18/25 0,8750 % Société Générale S.A. | EUR | 5.000.000 | 0 | 0 | % | 96,328 | 4.816.378,00 | 0,13 |
| FR0013486701 | Non-Preferred MTN 19/29 0,1250 % Société Générale S.A. | EUR | 6.800.000 | 0 | 0 | % | 80,727 | 5.489.407,44 | 0,15 |
| FR0013094869 | Preferred MTN 20/26 0,5000 % Société Générale SFH | EUR | 3.300.000 | 0 | 0 | % | 91,373 | 3.015.324,18 | 0,08 |
| FR00140067I3 | S.A. MT Obl.Fin.Hab. 16/23 0,0100 % Société Générale SFH | EUR | 3.900.000 | 0 | 0 | % | 100,056 | 3.902.189,46 | 0,11 |
|  | S.A. MT Obl.Fin.Hab. 21/29 | EUR | 4.100.000 | 0 | 0 | % | 85,419 | 3.502.195,81 | 0,10 |
| BE6282460615 XS1377237869 | 2,7500 % Solvay S.A. Notes 15/27 0,3750 % SpareBank 1 Boligkre- | EUR | 5.000.000 | 0 | 0 | % | 95,231 | 4.761.527,00 | 0,13 |
|  | ditt AS MT Mortg.Cov.Bds 16/23 | EUR | 5.700.000 | 0 | 0 | % | 99,911 | 5.694.912,75 | 0,16 |

Die Fußnotenerklärungen befinden sich am Ende der Tabelle.

#### Vermögensaufstellung zum 30.06.2022
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2022 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS1344895450 | 0,7500 % SR-Boligkreditt A.S. |  |  |  |  |  |  |  |  |
| XS2312584779 | Mortg. Covered MTN 16/23 0,0100 % SR-Boligkreditt A.S. | EUR | 5.000.000 | 0 | 0 | % | 100,168 | 5.008.414,50 | 0,14 |
|  | Mortg. Covered MTN 21/31 | EUR | 4.350.000 | 0 | 0 | % | 81,963 | 3.565.402,25 | 0,10 |
| XS1368543135 XS2102360315 | 0,3750 % Stadshypotek AB MT Hyp.-Pfe. 16/23 0,8500 % Standard Charte- | EUR | 5.350.000 | 0 | 0 | % | 99,902 | 5.344.782,15 | 0,15 |
|  | red PLC FLR MTN 20/28 | EUR | 3.450.000 | 0 | 0 | % | 87,704 | 3.025.778,00 | 0,08 |
| XS2199351375 XS1524573752 | 4,5000 % Stellantis N.V. MTN 20/28 1,2500 % Südzucker Intl Fi- | EUR | 5.000.000 | 0 | 0 | % | 101,198 | 5.059.898,50 | 0,14 |
| XS1795254025 | nance B.V. Notes 16/23 0,5000 % Svenska Handels- | EUR | 2.150.000 | 0 | 0 | % | 99,168 | 2.132.103,40 | 0,06 |
| XS2121207828 | banken AB MTN 18/23 0,5000 % Svenska Handelsban- | EUR | 5.900.000 | 0 | 0 | % | 99,738 | 5.884.515,45 | 0,16 |
| XS2343563214 | ken AB Non-Pref. MTN 20/30 0,3000 % Swedbank AB Non- | EUR | 4.250.000 | 0 | 0 | % | 80,302 | 3.412.843,08 | 0,09 |
| XS2282210231 | Preferred FLR MTN 21/27 0,2000 % Swedbank AB Non- | EUR | 5.000.000 | 0 | 0 | % | 89,786 | 4.489.306,00 | 0,12 |
|  | Preferred MTN 21/28 | EUR | 5.000.000 | 0 | 0 | % | 83,367 | 4.168.344,50 | 0,11 |
| XS2404027935 XS2197348597 | 0,2500 % Swedbank AB Preferred MTN 21/26 1,0000 % Takeda Pharmaceuti- | EUR | 2.800.000 | 0 | 0 | % | 90,117 | 2.523.280,76 | 0,07 |
|  | cal Co. Ltd. Notes 20/29 | EUR | 5.000.000 | 0 | 0 | % | 86,390 | 4.319.489,00 | 0,12 |
| XS2056395606 | 0,0000 % Telenor ASA MTN 19/23 | EUR | 1.800.000 | 0 | 0 | % | 98,307 | 1.769.533,74 | 0,05 |
| XS2117452156 | 0,2500 % Telenor ASA MTN 20/28 | EUR | 2.000.000 | 0 | 0 | % | 87,711 | 1.754.218,20 | 0,05 |
| XS1241581096 | 1,7500 % TenneT Holding B.V. MTN 15/27 | EUR | 5.000.000 | 0 | 0 | % | 97,257 | 4.862.858,00 | 0,13 |
| XS2049707180 | 0,1250 % The Bank of Nova Scotia MTN 19/26 | EUR | 3.750.000 | 0 | 0 | % | 88,913 | 3.334.254,75 | 0,09 |
| XS2122485845 XS1074144871 | 0,5000 % The Dow Chemical Co. Notes 20/27 2,8750 % The Goldman Sachs | EUR | 5.000.000 | 0 | 0 | % | 88,492 | 4.424.598,00 | 0,12 |
| XS1796209010 | Group Inc. MTN 14/26 2,0000 % The Goldman Sachs | EUR | 5.000.000 | 0 | 0 | % | 99,155 | 4.957.761,50 | 0,14 |
| XS1314318301 | Group Inc. MTN 18/28 1,1250 % The Procter & Gam- | EUR | 5.100.000 | 0 | 0 | % | 92,112 | 4.697.693,64 | 0,13 |
| XS1401105587 | ble Co. Bonds 15/23 0,3750 % The Toronto-Dominion | EUR | 5.000.000 | 0 | 0 | % | 99,808 | 4.990.386,00 | 0,14 |
| XS2432502008 | Bank MT Cov. Bds 16/23 0,5000 % The Toronto-Domi- | EUR | 3.100.000 | 0 | 0 | % | 99,763 | 3.092.665,71 | 0,09 |
| XS1405775708 | nion Bank MTN 22/27 0,7500 % Thermo Fisher Sci- | EUR | 6.950.000 | 6.950.000 | 0 | % | 89,433 | 6.215.603,93 | 0,17 |
| XS2058556296 | entific Inc. Notes 16/24 0,1250 % Thermo Fisher Sci- | EUR | 5.000.000 | 0 | 0 | % | 97,601 | 4.880.069,00 | 0,13 |
|  | entific Inc. Notes 19/25 | EUR | 1.400.000 | 0 | 0 | % | 95,015 | 1.330.203,84 | 0,04 |
| XS2290960520 | 1,6250 % TotalEnergies SE FLR MTN 21/Und. | EUR | 2.850.000 | 0 | 0 | % | 80,277 | 2.287.882,82 | 0,06 |
| XS2432130610 XS2400997131 | 2,0000 % TotalEnergies SE FLR MTN 22/Und. 0,0000 % Toyota Motor Finance | EUR | 5.400.000 | 5.400.000 | 0 | % | 85,267 | 4.604.422,32 | 0,13 |
| XS1109744778 | (Neth.)BV MTN 21/25 1,8750 % Transurban Finance | EUR | 2.000.000 | 0 | 0 | % | 92,099 | 1.841.980,20 | 0,05 |
| XS1997077364 | Co. Pty Ltd MTN 14/24 1,4500 % Transurban Finance | EUR | 5.000.000 | 0 | 0 | % | 99,556 | 4.977.800,00 | 0,14 |
| XS2114807691 | Co. Pty Ltd MTN 19/29 0,0000 % Tyco Electronics | EUR | 4.700.000 | 0 | 0 | % | 88,449 | 4.157.091,72 | 0,11 |
|  | Group S.A. Notes 20/25 | EUR | 2.300.000 | 0 | 0 | % | 94,707 | 2.178.260,08 | 0,06 |
| CH0520042489 | 0,2500 % UBS Group AG FLR Notes 20/26 | EUR | 2.500.000 | 0 | 0 | % | 93,255 | 2.331.380,00 | 0,06 |
| CH0595205524 | 0,2500 % UBS Group AG MTN 21/28 | EUR | 5.000.000 | 0 | 0 | % | 83,426 | 4.171.304,00 | 0,11 |
| XS1696445516 | 1,7500 % Ungarn Bonds 17/27 | EUR | 5.000.000 | 0 | 0 | % | 90,221 | 4.511.058,00 | 0,12 |
| XS1887498282 FR0013405032 | 1,2500 % Ungarn Bonds 18/25 1,0000 % Unibail-Rodamco- | EUR | 5.000.000 | 0 | 0 | % | 95,668 | 4.783.379,00 | 0,13 |
| DE000HV2ASU1 | Westfield SE MTN 19/27 0,0100 % UniCredit Bank AG HVB | EUR | 1.900.000 | 0 | 0 | % | 86,601 | 1.645.424,51 | 0,05 |
| XS2360310044 | MTN Hyp.-Pfe. S.2064 19/27 0,8000 % UniCredit S.p.A. FLR | EUR | 2.200.000 | 0 | 0 | % | 90,209 | 1.984.594,04 | 0,05 |
| XS2433139966 | Preferred MTN 21/29 0,9250 % UniCredit S.p.A. FLR | EUR | 5.000.000 | 0 | 0 | % | 81,836 | 4.091.812,50 | 0,11 |
|  | Preferred MTN 22/28 | EUR | 7.450.000 | 7.450.000 | 0 | % | 87,134 | 6.491.468,85 | 0,18 |
| XS2289133915 XS1403014936 | 0,3250 % UniCredit S.p.A. Preferred MTN 21/26 0,5000 % Unilever Fin. Nether- | EUR | 5.000.000 | 0 | 0 | % | 88,981 | 4.449.027,00 | 0,12 |
|  | lands B.V. MTN 16/24 | EUR | 3.200.000 | 0 | 0 | % | 98,022 | 3.136.713,28 | 0,09 |

Die Fußnotenerklärungen befinden sich am Ende der Tabelle.

#### Vermögensaufstellung zum 30.06.2022
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2022 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FR0013128584 | 0,6250 % Union Natle Interp. |  |  |  |  |  |  |  |  |
|  | Em.Com.Ind. MTN 16/26 | EUR | 11.000.000 | 0 | 0 | % | 96,705 | 10.637.541,20 | 0,29 |
| FR0013230943 | 0,6250 % Valéo S.E. MTN 17/23 | EUR | 3.700.000 | 0 | 0 | % | 99,351 | 3.675.989,59 | 0,10 |
| FR0013394681 | 0,8920 % Veolia Environnement S.A. MTN 19/24 | EUR | 3.100.000 | 0 | 0 | % | 99,142 | 3.073.398,28 | 0,08 |
| FR0013476595 XS1405766624 | 0,6640 % Veolia Environnement S.A. MTN 20/31 1,3750 % Verizon Communica- | EUR | 2.600.000 | 0 | 0 | % | 81,355 | 2.115.240,92 | 0,06 |
| XS1979280853 | tions Inc. Notes 16/28 0,8750 % Verizon Communica- | EUR | 6.000.000 | 0 | 0 | % | 91,247 | 5.474.800,20 | 0,15 |
|  | tions Inc. Notes 19/27 | EUR | 5.000.000 | 0 | 0 | % | 91,696 | 4.584.776,50 | 0,13 |
| FR0013220399 | 1,1250 % Vivendi SE Bonds 16/23 | EUR | 7.500.000 | 0 | 0 | % | 99,095 | 7.432.159,50 | 0,20 |
| XS1372839214 | 2,2000 % Vodafone Group PLC MTN 16/26 | EUR | 5.000.000 | 0 | 0 | % | 98,731 | 4.936.527,00 | 0,14 |
| XS2002018500 | 1,6250 % Vodafone Group PLC MTN 19/30 | EUR | 5.000.000 | 0 | 0 | % | 89,029 | 4.451.429,00 | 0,12 |
| DE000A19X8A4 | 1,5000 % Vonovia Finance B.V. MTN 18/26 | EUR | 5.000.000 | 0 | 0 | % | 92,063 | 4.603.144,00 | 0,13 |
| XS1506398244 | 0,8750 % Westpac Banking Corp. MTN 16/27 | EUR | 5.000.000 | 0 | 0 | % | 91,559 | 4.577.971,50 | 0,13 |
| XS1856797300 | 0,7500 % Westpac Banking Corp. MTN 18/23 | EUR | 5.000.000 | 0 | 0 | % | 98,914 | 4.945.713,00 | 0,14 |
| XS2010039894 | 3,0000 % ZF Europe Finance B.V. Notes 19/29 | EUR | 3.000.000 | 0 | 0 | % | 73,740 | 2.212.186,80 | 0,06 |
| Sonstige Beteiligungswertpapiere |  |  |  |  |  |  | 23.522.721,58 | 0,65 |
| Schweiz |  |  |  |  |  |  | 23.522.721,58 | 0,65 |
| CH0010570767	Chocoladefabriken Lindt & |  |  |  |  |  |  |  |  |
| Sprüngli Inh.-Par.schein | STK | 2.471 | 625 | 124 | CHF | 9.500,000 | 23.522.721,58 | 0,65 |
| An organisierten Märkten zugelassene oder in diese einbezogene Wertpapiere |  |  |  |  |  | 97.188.048,03 | 2,69 |
| Verzinsliche Wertpapiere |  |  |  |  |  |  | 97.188.048,03 | 2,69 |
| EUR-Anleihen |  |  |  |  |  |  | 97.188.048,03 | 2,69 |
| XS1402941790	0,6250 % ABB Finance B.V. MTN 16/23 XS1117299484	1,0000 % Air Products & Che- | EUR | 5.300.000 | 0 | 0 | % | 99,724 | 5.285.385,78 | 0,15 |
| micals Inc. Notes 15/25 XS1379122101	1,5000 % América Móvil S.A.B. | EUR | 3.300.000 | 0 | 0 | % | 96,847 | 3.195.944,07 | 0,09 |
| de C.V. Notes 16/24 | EUR | 4.500.000 | 0 | 0 | % | 99,138 | 4.461.203,25 | 0,12 |
| XS2079716853	0,0000 % Apple Inc. Notes 19/25 | EUR | 2.350.000 | 0 | 0 | % | 94,092 | 2.211.155,89 | 0,06 |
| XS1527556192	1,6250 % ASML Holding N.V. Notes 16/27 | EUR | 1.700.000 | 0 | 0 | % | 96,968 | 1.648.453,79 | 0,05 |
| XS2010032378	0,2500 % ASML Holding N.V. Notes 20/30 XS2082818951	1,1250 % Australia & N. Z. Bkg | EUR | 5.150.000 | 0 | 0 | % | 82,992 | 4.274.093,67 | 0,12 |
| Grp Ltd. FLR MTN 19/29 XS2294372169	0,6690 % Australia & N. Z. Bkg | EUR | 5.000.000 | 0 | 0 | % | 94,030 | 4.701.494,50 | 0,13 |
| Grp Ltd. FLR MTN 21/31 XS2375844144	0,3340 % Becton Dickinson Euro | EUR | 1.900.000 | 0 | 0 | % | 86,551 | 1.644.470,52 | 0,05 |
| Fin.Sarl Notes 21/28 | EUR | 5.000.000 | 0 | 0 | % | 83,443 | 4.172.157,50 | 0,11 |
| XS2308321962	0,1000 % Booking Holdings Inc. Notes 21/25 XS2075185228	0,9000 % Harley Davidson Finl | EUR | 1.150.000 | 0 | 0 | % | 93,910 | 1.079.964,31 | 0,03 |
| Serv.Inc. Notes 19/24 XS1721244371	1,8750 % Iberdrola Internatio- | EUR | 1.000.000 | 0 | 0 | % | 94,610 | 946.102,10 | 0,03 |
| nal B.V. FLR Notes 17/Und. XS2244941063	1,8740 % Iberdrola Internatio- | EUR | 5.000.000 | 0 | 0 | % | 98,338 | 4.916.907,00 | 0,14 |
| nal B.V. FLR Notes 20/Und. DE000A2TR182	0,0100 % Investitionsbank | EUR | 2.000.000 | 0 | 0 | % | 87,645 | 1.752.900,00 | 0,05 |
| Schleswig-Hol. IHS 21/28 XS2189931335	0,5500 % Metropolitan Life Glo- | EUR | 5.000.000 | 0 | 0 | % | 89,063 | 4.453.140,50 | 0,12 |
| bal Fdg I MTN 20/27 | EUR | 5.000.000 | 0 | 0 | % | 89,971 | 4.498.556,50 | 0,12 |
| XS2135361686	1,3500 % Mexiko MTN 20/27 | EUR | 4.000.000 | 0 | 0 | % | 88,290 | 3.531.604,00 | 0,10 |
| XS2028899727	0,3390 % Mitsubishi UFJ Finl Grp Inc. MTN 19/24 XS2049630887	0,1180 % Mizuho Financial | EUR | 5.000.000 | 0 | 0 | % | 96,123 | 4.806.131,00 | 0,13 |
| Group Inc. MTN 19/24 XS2098350965	0,7970 % Mizuho Financial | EUR | 4.700.000 | 0 | 0 | % | 95,295 | 4.478.883,33 | 0,12 |
| Group Inc. MTN 20/30 XS2312722916	0,2500 % Mondelez Internati- | EUR | 4.500.000 | 0 | 0 | % | 79,414 | 3.573.624,15 | 0,10 |
| onal Inc. Notes 21/28 XS1872032369	0,6250 % National Austra- | EUR | 3.400.000 | 0 | 0 | % | 86,170 | 2.929.786,12 | 0,08 |
| lia Bank Ltd. MTN 18/23 | EUR | 5.000.000 | 0 | 0 | % | 99,227 | 4.961.358,00 | 0,14 |
| XS2435787283	0,5000 % Provinz Quebec MTN 22/32 XS2265968284	0,0100 % Svenska Handelsbanken | EUR | 6.050.000 | 6.050.000 | 0 | % | 83,247 | 5.036.473,15 | 0,14 |
| AB Non-Preferred MTN 20/27 | EUR | 2.000.000 | 0 | 0 | % | 85,159 | 1.703.175,40 | 0,05 |
| XS1395057430	1,1250 % Telstra Corp. Ltd. MTN 16/26 | EUR | 7.000.000 | 0 | 0 | % | 95,399 | 6.677.920,90 | 0,18 |
| XS2193982803	1,3620 % Upjohn Finance B.V. Notes 20/27 | EUR | 5.000.000 | 0 | 0 | % | 86,782 | 4.339.096,50 | 0,12 |
| XS2193983108	1,9080 % Upjohn Finance B.V. Notes 20/32 | EUR | 2.000.000 | 0 | 0 | % | 74,049 | 1.480.981,60 | 0,04 |

Die Fußnotenerklärungen befinden sich am Ende der Tabelle.

#### Vermögensaufstellung zum 30.06.2022
| ISIN | Gattungsbezeichnung | Markt	Stück bzw. | Bestand | Käufe/	Verkäufe/ |  | Kurs | Kurswert | % des |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | Anteile bzw. Währung | 30.06.2022 | Zugänge	Abgänge im Berichtszeitraum |  |  | in EUR | Fondsver- mögens |
| XS1716616179 | 1,1000 % Whirlpool Fin. Luxem- |  |  |  |  |  |  |  |
|  | bourg Sarl Notes 17/27 | EUR | 5.000.000 | 0	0 | % | 88,542 | 4.427.084,50 | 0,12 |

Summe Wertpapiervermögen 
3)	
EUR	3.593.505.798,66	98,93
Derivate
(Bei den mit Minus gekennzeichneten Beständen handelt es sich um verkaufte Positionen)
| Zins-Derivate |  |  |
| --- | --- | --- |
|  | Forderungen/ Verbindlichkeiten |
| Zinsterminkontrakte |  |  |  |  | 2.935.890,00 | 0,08 |
|  | EURO Bobl Future (FGBM) Sep. 22 | XEUR | EUR | -224.300.000 | 2.770.100,00 | 0,08 |
|  | EURO Buxl Future (FGBX) Sep. 22 | XEUR | EUR | -46.500.000 | -2.578.800,00 | -0,07 |
|  | EURO Schatz Future (FGBS) Sep. 22 | XEUR | EUR | -111.900.000 | 279.750,00 | 0,01 |
|  | EURO-BTP Future (FBTP) Sep. 22 Long Term EURO OAT Fu- | XEUR | EUR | -24.400.000 | 393.290,00 | 0,01 |
|  | ture (FOAT) Sep.22 SHORT EURO-BTP Fu- | XEUR | EUR | -57.400.000 | 1.977.430,00 | 0,05 |
|  | ture (FBTS) Sep. 22 | XEUR | EUR | -72.400.000 | 94.120,00 | 0,00 |
| Summe Zins-Derivate |  |  | EUR |  | 2.935.890,00 | 0,08 |
| Bankguthaben, Geldmarktpapiere, Geldmarkt- und geldmarktnahe Fonds |  |  |  |  |  |  |
| Bankguthaben |  |  |  |  |  |  |
| EUR-Guthaben bei der Verwahrstelle |  |  |  |  |  |  |
| State Street Bank International GmbH | EUR | 22.942.156,13 | % | 100,000 | 22.942.156,13 | 0,63 |
| Guthaben in sonstigen EU/EWR-Währungen |
| State Street Bank International GmbH | DKK | 147.878,09 | % | 100,000 | 19.878,09 | 0,00 |
| State Street Bank International GmbH | NOK | 757.282,40 | % | 100,000 | 73.116,17 | 0,00 |
| State Street Bank International GmbH | PLN | 13.686,32 | % | 100,000 | 2.935,72 | 0,00 |
| State Street Bank International GmbH | SEK | 2.998.909,49 | % | 100,000 | 280.534,10 | 0,01 |
| Guthaben in Nicht-EU/EWR-Währungen |
| State Street Bank International GmbH | AUD | 2.341,25 | % | 100,000 | 1.542,12 | 0,00 |
| State Street Bank International GmbH | CHF | 441.491,46 | % | 100,000 | 442.398,38 | 0,01 |
| State Street Bank International GmbH | GBP | 85.144,78 | % | 100,000 | 98.896,31 | 0,00 |
| State Street Bank International GmbH | USD | 22.207,51 | % | 100,000 | 21.259,34 | 0,00 |
| Summe Bankguthaben |  | EUR | 23.882.716,36 | 0,65 |
| Summe der Bankguthaben, Geldmarktpapiere, Geldmarkt- und geldmarktnahe Fonds  30) |  | EUR | 23.882.716,36 | 0,65 |
| Sonstige Vermögensgegenstände |  |  |  |  |
| Zinsansprüche	EUR | 11.832.286,94 |  | 11.832.286,94 | 0,33 |
| Dividendenansprüche	EUR | 141.377,97 |  | 141.377,97 | 0,00 |
| Forderungen aus Anteilscheingeschäften	EUR | 2.563.073,92 |  | 2.563.073,92 | 0,07 |
| Forderungen aus Devisenspots	EUR | 171.669,48 |  | 171.669,48 | 0,00 |
| Forderungen aus Quellensteuerrückerstattung	EUR | 5.013.082,54 |  | 5.013.082,54 | 0,14 |
| Summe Sonstige Vermögensgegenstände |  | EUR | 19.721.490,85 | 0,54 |
| Sonstige Verbindlichkeiten |  |  |  |  |
| Verbindlichkeiten aus Anteilscheingeschäften	EUR | -2.343.897,23 |  | -2.343.897,23 | -0,06 |
| Verbindlichkeiten aus Wertpapiergeschäften	EUR | -1.453.116,73 |  | -1.453.116,73 | -0,04 |
| Verbindlichkeiten aus Devisenspots	EUR | -171.721,85 |  | -171.721,85 | 0,00 |
| Kostenabgrenzung	EUR | -3.478.486,55 |  | -3.478.486,55 | -0,10 |
| Summe Sonstige Verbindlichkeiten |  | EUR | -7.447.222,36 | -0,20 |
| Fondsvermögen |  | EUR | 3.632.598.673,51 | 100,00 |
| Summe der umlaufenden Anteile aller Anteilklassen |  | STK | 56.208.707 |  |

3) 
Die Wertpapiere des Sondervermögens sind teilweise durch Geschäfte mit Finanzinstrumenten abgesichert.
30) 
Im Bankguthaben können Cash Initial Margin enthalten sein.
| Gattungsbezeichnung |  | gesamt |
| --- | --- | --- |
| Gesamtbetrag der Kurswerte der Wertpapiere, die Dritten als Marginsicherheiten für Termingeschäfte dienen: | EUR | 68.569.951,00 |

| Kapital Plus A (EUR) |  |
| --- | --- |
| ISIN | DE0008476250 |
| Fondsvermögen | 3.459.824.274,35 |
| Umlaufende Anteile | 55.596.304,078 |
| Anteilwert | 62,23 |
| Kapital Plus I (EUR) |  |
| ISIN | DE0009797613 |
| Fondsvermögen | 100.060.698,40 |
| Umlaufende Anteile | 92.015,548 |
| Anteilwert | 1.087,43 |
| Kapital Plus Multi Asset 30 CT (EUR) |
| ISIN | DE000A2DU1Y2 |
| Fondsvermögen | 38.301.152,54 |
| Umlaufende Anteile | 409.315,792 |
| Anteilwert | 93,57 |
| Kapital Plus P (EUR) |  |
| ISIN | DE000A14N9U7 |
| Fondsvermögen | 6.262.274,14 |
| Umlaufende Anteile | 6.175,332 |
| Anteilwert | 1.014,08 |
| Kapital Plus P2 (EUR) |  |
| ISIN | DE0009797589 |
| Fondsvermögen | 19.542.191,55 |
| Umlaufende Anteile | 17.374,746 |
| Anteilwert | 1.124,75 |
| Kapital Plus R (EUR) |  |
| ISIN | DE000A2DU1L9 |
| Fondsvermögen | 8.608.082,53 |
| Umlaufende Anteile | 87.521,278 |
| Anteilwert | 98,35 |


### Wertpapierkurse bzw. Marktsätze
Die Vermögensgegenstände des Sondervermögens sind auf der Grundlage nachstehender Kurse/Marktsätze bewertet:
Internationale Obligationen: Kurse per 29.06.2022 oder letztbekannte
Alle anderen Vermögenswerte: Kurse bzw. Marktsätze per 30.06.2022 oder letztbekannte

### Ergänzende Anmerkung zur Bewertung
Die Bewertung erfolgt durch die Kapitalverwaltungsgesellschaft (KVG).
Aktien, Bezugsrechte, Börsennotierte Fonds (ETFs), Genussscheine, Rentenpapiere und börsengehandelte Derivate werden, sofern vorhanden, grundsätz- lich mit handelbaren Börsenkursen bewertet.
Rentenpapiere, für die keine handelbaren Börsenkurse vorliegen, werden mit validierten Kursstellungen von Brokern oder unter Einbeziehung der relevan- ten Marktinformationen im Rahmen von regelmäßig überprüften Modellen bewertet.
Genussscheine, für die keine handelbaren Börsenkurse vorliegen, werden mit dem Mittelwert von Bid- und Ask-Kurs bewertet.
Nicht börsengehandelte Derivate und Bezugsrechte werden unter Einbeziehung der relevanten Marktinformationen im Rahmen von regelmäßig über- prüften Modellen bewertet.
Investmentfondsanteile werden mit dem von der Investmentgesellschaft veröffentlichten Rücknahmepreis bewertet.
Bankguthaben und Sonstige Vermögensgegenstände werden zum Nennwert, Festgelder zum Verkehrswert und Verbindlichkeiten zum Rückzahlungsbe- trag bewertet.
Nicht notierte Aktien und Beteiligungen werden zu dem aktuellen Verkehrswert bewertet, der bei sorgfältiger Einschätzung nach geeigneten Bewertungs- modellen unter Berücksichtigung der aktuellen Marktgegebenheiten angemessen ist.
Die angewandten Verfahren zur Bewertung des Sondervermögens decken die aus der Covid-Pandemie und aus dem Russland-Ukraine-Krieg herrühren- den Marktauswirkungen ab. Darüber hinausgehende Anpassungen waren zum Zeitpunkt der Aufstellung des Halbjahresberichts nicht erforderlich.
Die in diesem Halbjahresbericht ausgewiesenen Anlagen werden i.H.v. 99,01% des Fondsvermögens mit handelbaren Börsenkursen oder Marktpreisen und 0,00% zu abgeleiteten Verkehrswerten bzw. validierten Kursstellungen von Brokern bewertet. Die verbleibenden 0,99% des Fondsvermögens bestehen aus Sonstigen Vermögensgegenständen, Sonstigen Verbindlichkeiten sowie Barvermögen.

#### Devisenkurs(e) bzw. Konversionsfaktor(en) (in Mengennotiz) per 30.06.2022
| Großbritannien, Pfund | (GBP) | 1 Euro = GBP | 0,86095 |
| --- | --- | --- | --- |
| Dänemark, Kronen | (DKK) | 1 Euro = DKK | 7,43925 |
| Norwegen, Kronen | (NOK) | 1 Euro = NOK | 10,35725 |
| Schweden, Kronen | (SEK) | 1 Euro = SEK | 10,69000 |
| Schweiz, Franken | (CHF) | 1 Euro = CHF | 0,99795 |
| Polen, Zloty | (PLN) | 1 Euro = PLN | 4,66200 |
| USA, Dollar | (USD) | 1 Euro = USD | 1,04460 |
| Australien, Dollar | (AUD) | 1 Euro = AUD | 1,51820 |
| Marktschlüssel |  |  |  |
| Terminbörsen |  |  |  |

XEUR	Eurex (Eurex Frankfurt/Eurex Zürich)

### Kapitalmaßnahmen
Alle Umsätze, die aus Kapitalmaßnahmen hervorgehen (technische Umsätze), werden als Zu- oder Abgang ausgewiesen.

### Stimmrechtsausübung
Stimmrechte aus den im Fonds enthaltenen Aktien haben wir, soweit es im Interesse unserer Anleger geboten erschien, entweder selbst wahrgenommen oder durch Beauftragte nach unseren Weisungen ausüben lassen.

#### Während des Berichtszeitraumes abgeschlossene Geschäfte, soweit sie nicht mehr in der Vermögensaufstellung erscheinen
- Käufe und Verkäufe in Wertpapieren, Investmentanteilen und Schuldscheindarlehen (Marktzuordnung zum Berichtsstichtag):
| ISIN | Gattungsbezeichnung | Stück bzw. | Käufe/ | Verkäufe/ |
| --- | --- | --- | --- | --- |
|  |  | Anteile bzw. Währung | Zugänge | Abgänge |

Börsengehandelte Wertpapiere Verzinsliche Wertpapiere
EUR-Anleihen
| XS2348638433 | 1,0000 % ABN AMRO Bank N.V. Non-Preferred MTN 21/33 | EUR | 0 | 5.000.000 |
| --- | --- | --- | --- | --- |
| XS0896144655 | 2,5000 % Atlas Copco AB MTN 13/23 | EUR | 0 | 5.000.000 |
| XS1369268534 | 0,3750 % BAWAG P.S.K. MT Bonds 16/22 | EUR | 0 | 4.200.000 |
| XS1400165350 | 1,1250 % Bertelsmann SE & Co. KGaA MTN Anl. 16/26 | EUR | 0 | 2.200.000 |
| DE0001102515 | 0,0000 % Bundesrep.Deutschland Anl. 20/35 | EUR | 10.000.000 | 10.000.000 |
| FR0013088424 | 0,5000 % Caisse Francaise d.Financ.Loc. MT Obl.Fonc. 16/22 | EUR | 0 | 5.000.000 |
| ES0000101651 | 1,8260 % Comunidad Autónoma de Madrid Obl. 15/25 | EUR | 0 | 5.000.000 |
| DE000DL19TA6 | 1,5000 % Deutsche Bank AG MTN 17/22 | EUR | 0 | 5.000.000 |
| XS1548410080 | 0,0500 % DNB Boligkreditt A.S. Mortg. Cov. MTN 17/22 | EUR | 0 | 5.000.000 |
| XS1555094066 | 1,0000 % DVB Bank SE MTN IHS 17/22 | EUR | 0 | 5.100.000 |
| FR0011225143 | 4,1250 % Electricité de France (E.D.F.) MTN 12/27 | EUR | 0 | 5.000.000 |
| XS1412593185 | 0,7500 % ENI S.p.A. MTN 16/22 | EUR | 0 | 2.400.000 |
| AT0000A2GH08 | 0,8750 % Erste Group Bank AG Pref. MTN 20/27 | EUR | 0 | 5.000.000 |
| XS1518704900 | 0,2500 % Linde Finance B.V. MTN 17/22 | EUR | 0 | 3.150.000 |
| XS1575979148 | 2,0000 % NatWest Group PLC FLR MTN 17/23 | EUR | 0 | 5.000.000 |
| IE00B4S3JD47 | 3,9000 % Republik Irland Treasury Bonds 13/23 | EUR | 0 | 18.200.000 |
| IT0004848831 | 5,5000 % Republik Italien B.T.P. 12/22 | EUR | 0 | 39.600.000 |
| IT0004898034 | 4,5000 % Republik Italien B.T.P. 13/23 | EUR | 19.000.000 | 60.500.000 |
| IT0005403396 | 0,9500 % Republik Italien B.T.P. 20/30 | EUR | 0 | 68.000.000 |
| IT0005436693 | 0,6000 % Republik Italien B.T.P. 21/31 | EUR | 0 | 20.000.000 |
| XS1003017099 | 2,3750 % SSE PLC MTN 13/22 | EUR | 0 | 5.000.000 |
| FR0013456621 | 0,8750 % Unibail-Rodamco-Westfield SE MTN 19/32 | EUR | 0 | 5.000.000 |
| XS1178970106 | 0,5000 % Unilever Fin. Netherlands B.V. MTN 15/22 | EUR | 0 | 3.750.000 |

Nichtnotierte Wertpapiere (Unter den nicht notierten Wertpapieren können auch notierte Wertpapiere aufgrund ihrer Endfälligkeit ausgewiesen sein) Aktien
Schweden
SE0011166610	Atlas Copco AB Namn-Aktier A	STK	181.037	906.380
SE0017486863	Atlas Copco AB Reg.Red.Sh.A (fria)	STK	810.787	810.787
Verzinsliche Wertpapiere EUR-Anleihen
XS1527753187	0,5000 % BNP Paribas S.A. MTN 16/22	EUR	0	2.850.000
XS1548802914	0,3750 % Bque Fédérative du Cr. Mutuel MTN 17/22	EUR	0	2.900.000
DE000LB06G44	0,1250 % Ldsbk Baden-Württemb. MTN Pfe. S.760 16/22	EUR	0	5.000.000
Derivate
Terminkontrakte Zinsterminkontrakte
Gattungsbezeichnung	Stück bzw.	Volumen
Anteile bzw.	in 1.000
Währung
(In Opening-Transaktionen umgesetzte Optionsprämien bzw. Volumen der Optionsgeschäfte, bei Optionsscheinen Angabe der Käufe und Verkäufe.)
Verkaufte Kontrakte:	EUR	1.255.758
(Basiswert(e): EURO Bobl Future (FGBM) Juni 22, EURO Bobl Future (FGBM) März 22, EURO Schatz Future (FGBS) Juni 22, EURO Schatz Future (FGBS) März 22, EURO-BTP Future (FBTP) Juni 22, EURO-BTP Future (FBTP) März 22, Long Term EURO OAT Future (FOAT) Juni 22, Long Term EURO OAT Future (FOAT) März 22, SHORT EURO-BTP Future (FBTS) Juni 22, SHORT EURO-BTP Future (FBTS) März 22)