# Sector/Industry Exposure (% TNA)	Market Capitalisation Exposure (% TNA)
| GICS Sector | Fund | Index | Relative |  | EUR | Fund | Index | Relative |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financials | 28.4 | 20.8 | 7.6 |  | >10bn | 77.7 | 64.7 | 13.0 |
| Consumer Discretionary | 20.8 | 17.0 | 3.9 |  | 5-10bn | 13.1 | 18.4 | -5.3 |
| Consumer Staples | 10.7 | 9.9 | 0.8 |  | 1-5bn | 4.6 | 13.9 | -9.4 |
| Communication Services | 9.3 | 11.8 | -2.5 |  | 0-1bn | 0.0 | 0.1 | -0.1 |
| Information Technology | 9.0 | 7.8 | 1.2 |  | Total Market Cap Exposure | 95.4 | 97.2 |  |
| Energy | 8.4 | 9.3 | -1.0 |  | Index / Unclassified | 4.8 | 2.8 |  |
| Health Care | 5.5 | 6.2 | -0.7 |  | Total Equity Exposure | 100.1 | 100.0 |  |
| Real Estate | 4.7 | 2.9 | 1.8 |  |  |  |  |  |
| Materials | 2.4 | 5.3 | -2.9 |  |  |  |  |  |
| Industrials | 1.0 | 5.7 | -4.8 |  |  |  |  |  |
| Utilities | 0.0 | 3.2 | -3.2 |  |  |  |  |  |
| Total Sector Exposure | 100.1 | 100.0 |  |  |  |  |  |  |
| Other Index / Unclassified | 0.0 | 0.0 |  |  |  |  |  |  |
| Total Equity Exposure | 100.1 | 100.0 |  |  |  |  |  |  |
| Geographic Exposure (% TNA) |  |  |  |  | Regional Exposure (% TNA) |  |  |  |
|  | Fund | Index | Relative |  |  | Fund | Index | Relative |
| China | 41.5 | 34.7 | 6.8 |  | Emerging Asia | 95.4 | 100.0 | -4.6 |
| India | 36.7 | 35.5 | 1.2 |  | Asia Pacific (ex-Japan) | 4.7 | 0.0 | 4.7 |
| Thailand | 7.5 | 10.0 | -2.5 |  |  |  |  |  |
| Indonesia | 5.9 | 7.3 | -1.4 |  |  |  |  |  |
| Hong Kong | 4.7 | 0.0 | 4.7 |  |  |  |  |  |
| Philippines | 1.9 | 3.8 | -1.9 |  |  |  |  |  |
| Vietnam | 1.9 | 0.0 | 1.9 |  |  |  |  |  |
| Malaysia | 0.0 | 8.6 | -8.6 |  |  |  |  |  |
| Pakistan | 0.0 | 0.1 | -0.1 |  |  |  |  |  |
|  |  |  |  |  | Total Regional Exposure | 100.1 | 100.0 |  |
| Total Geographic Exposure | 100.1 | 100.0 |  |  | Other Index / Unclassified | 0.0 | 0.0 |  |
| Other Index / Unclassified | 0.0 | 0.0 |  |  | Total Equity Exposure | 100.1 | 100.0 |  |
| Total Equity Exposure | 100.1 | 100.0 |  |  |  |  |  |  |
| Top Positions (% TNA) |  |  |  |  |  |  |  |  |
|  | GICS Sector | Geographic Location | Fund | Index | Relative |
| ALIBABA GROUP HOLDING LTD | Consumer Discretionary | China | 8.5 | 6.9 | 1.6 |
| RELIANCE INDUSTRIES LTD | Energy | India | 6.6 | 5.4 | 1.2 |
| TENCENT HLDGS LTD | Communication Services | China | 6.5 | 5.0 | 1.5 |
| HDFC BANK LTD | Financials | India | 5.1 | 0.0 | 5.1 |
| HOUSING DEV FINANCE CORP LTD | Financials | India | 4.4 | 2.7 | 1.7 |
| BANK CENTRAL ASIA TBK PT | Financials | Indonesia | 4.4 | 1.7 | 2.7 |
| INFOSYS LTD | Information Technology | India | 4.4 | 2.9 | 1.5 |
| AIA GROUP LTD | Financials | Hong Kong | 3.2 | 0.0 | 3.2 |
| KWEICHOW MOUTAI CO LTD | Consumer Staples | China | 2.9 | 0.3 | 2.6 |
| TATA CONSULTANCY SERVICES LTD | Information Technology | India | 2.8 | 1.8 | 0.9 |

Top Overweight Positions (% TNA)	Top Underweight Positions (% TNA)
|  | Fund | Index | Relative |  |  | Fund | Index | Relative |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| HDFC BANK LTD | 5.1 | 0.0 | 5.1 |  | ICICI BANK LTD | 0.0 | 1.8 | -1.8 |
| AIA GROUP LTD | 3.2 | 0.0 | 3.2 |  | MEITUAN DIANPING | 0.0 | 1.5 | -1.5 |
| BANK CENTRAL ASIA TBK PT | 4.4 | 1.7 | 2.7 |  | PUBLIC BANK BHD | 0.0 | 0.9 | -0.9 |
| KWEICHOW MOUTAI CO LTD | 2.9 | 0.3 | 2.6 |  | CHINA CONSTRUCTION BANK | 0.0 | 0.9 | -0.9 |
| HOUSING DEV FINANCE CORP LTD | 4.4 | 2.7 | 1.7 |  | TELEKOMUNIKASI INDO PT (DEMAT) | 0.0 | 0.8 | -0.8 |
| ALIBABA GROUP HOLDING LTD | 8.5 | 6.9 | 1.6 |  | TOP GLOVE CORP BHD | 0.0 | 0.8 | -0.8 |
| CHINA MENGNIU DAIRY CO | 1.8 | 0.2 | 1.6 |  | SIAM CEMENT PUB CO LTD | 0.0 | 0.7 | -0.7 |
| MIDEA GROUP CO LTD | 1.5 | 0.0 | 1.5 |  | HCL TECHNOLOGIES LTD | 0.0 | 0.7 | -0.7 |
| WUXI BIOLOGICS (CAYMAN) INC | 1.8 | 0.3 | 1.5 |  | BK MANDIRI PERSERO TBK PT | 0.0 | 0.6 | -0.6 |
| INFOSYS LTD | 4.4 | 2.9 | 1.5 |  | ITC LTD | 0.0 | 0.6 | -0.6 |
| Positions Concentration (% TNA) |
|  | Fund | Index |  |
| Top 10 | 48.7 | 31.3 |  |
| Top 20 | 67.2 | 40.8 |  |
| Top 50 | 96.4 | 56.4 |  |
| Definition of terms: |  |  |  |  |  |  |  |  |


## Index: the index used in the positioning tables on this page is the index defined in the Performance Comparator(s) section on page 2 of this factsheet.
Top Positions: those companies in which the largest percentages of the fund’s total net assets are effectively invested. Positions in other funds - including ETFs (Exchange Traded Funds) - can appear in this table, but index derivatives form part of an "Other Index / Unclassified" category which will not appear.
Top Overweight & Underweight Positions: those positions which have the largest active weight relative to the index. Positions in other funds - including ETFs (Exchange Traded Funds) - can appear in this table, but index derivatives form part of an "Other Index / Unclassified" category which will not appear.
Positions Concentration: illustrates the weight of the top 10, 20 and 50 positions in the fund and the weight of the top 10, 20 and 50 positions in the index. It does not attempt to show the coincidence of security ownership between fund and index.

## The sector/industry classification used (ie GICS, ICB, TOPIX or IPD) varies by fund. Full descriptions of GICS, ICB, TOPIX and IPD can be found in the glossary.

Translation (ENDE, 2020-08-31):
# Beitrag/Sektor bzw. Branche (%)	1 Monat	Geografische Beitrag (%)	1 Monat
BEITRÄGE ZUR RELATIVEN RENDITE	BEITRÄGE ZUR RELATIVEN RENDITE
| SEKTOR GICS | Ø relative Gewich- tung | Wertpapier- auswahl | Sektoren-/ Branchen- auswahl | Summe relativer Beitrag |  | Ø relative Gewich- tung | Wertpapier- auswahl | Geografisch e Auswahl | Summe relativer Beitrag |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Finanzunternehmen | 7,1 | 0,94 | -0,17 | 0,78 | China | 6,0 | 1,18 | 0,18 | 1,36 |
| Immobilien | 1,0 | 0,83 | -0,09 | 0,74 | Malaysia | -8,9 | 0,00 | 0,60 | 0,60 |
| Gesundheit | -1,1 | 0,27 | 0,34 | 0,61 | Hongkong | 4,6 | 0,27 | 0,00 | 0,27 |
| Verbrauchsgüter | 4,0 | 0,24 | 0,05 | 0,29 | Vietnam | 1,8 | 0,16 | 0,00 | 0,16 |
| Versorger | -3,3 | 0,00 | 0,17 | 0,17 | Philippinen | -2,0 | 0,03 | 0,03 | 0,06 |
| Grundbedarfsgüter | 0,8 | 0,09 | 0,03 | 0,12 | Thailand | -1,9 | -0,04 | 0,09 | 0,06 |
| Roh- und Werkstoffe | -3,0 | 0,12 | -0,07 | 0,05 | Indonesien | -1,5 | 0,04 | 0,00 | 0,04 |

| Energie | -0,9 | -0,08 | 0,03 | -0,05 |
| --- | --- | --- | --- | --- |
| Industrie | -4,2 | -0,07 | 0,02 | -0,05 |
| Kommunikationsdienste | -1,9 | -0,14 | -0,02 | -0,17 |
| Informationstechnologie | 1,4 | 0,09 | -0,26 | -0,17 |

Pakistan Indien
Summe primäre Vermögenswerte
-0,1
1,8
-0,1
0,00
-0,25
1,39
0,00
0,02
0,93
0,00
-0,23
2,32
| Summe primäre Vermögenswerte | -0,1 | 2,29 | 0,03 | 2,32 | Sonstige* | 0,1 | 0,18 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sonstige* | 0,1 |  |  | 0,18 | SUMME | 0,0 | 2,50 |
| SUMME | 0,0 |  |  | 2,50 |  |  |  |

*"Sonstige" bezieht sich auf Portfolio-Komponenten, die nicht bereits aufgeführt sind, wie Bargeld, Ausgaben und sonstige Posten.