# Comgest Growth GEM Promising Companies
## SCHEDULE OF INVESTMENTS
As at 30 June 2020 (expressed in EUR)
| Quantity/ Security	Face value	Currency | Acquisition cost EUR | Fair Value EUR | % Net Assets |
| --- | --- | --- | --- |
|  |  |  |  |
| Transferable securities admitted to an official stock exchange listing | 48,601,725 | 43,540,679 | 84.07 |

Other transferable securities dealt on another regulated market Equity securities
Kenya
News transmission
| 3,062,193 | KES | 665,244 | 736,922 | 1.42 |
| --- | --- | --- | --- | --- |
|  |  | 665,244 | 736,922 | 1.42 |
|  |  |  |  |  |
|  |  | 665,244 | 736,922 | 1.42 |

Safaricom PLC
Total Kenya
Nigeria
Food and distilleries
| 232,397 | NGN | 663,500 | 642,348 | 1.24 |
| --- | --- | --- | --- | --- |
|  |  | 663,500 | 642,348 | 1.24 |

Nestle Nigeria PLC
| Total Nigeria | 663,500 | 642,348 | 1.24 |
| --- | --- | --- | --- |
| Vietnam |  |  |  |
| Consumer goods |  |  |  |  |
| Vietnam Dairy Products JSC | 577,598 | VND | 1,766,414 | 2,497,517 | 4.82 |
|  |  |  | 1,766,414 | 2,497,517 | 4.82 |
|  |  |  |  |  |  |
| Total Vietnam |  |  | 1,766,414 | 2,497,517 | 4.82 |
|  |  |  |  |  |  |
| Equity securities |  |  | 3,095,158 | 3,876,787 | 7.48 |
|  |  |  |  |  |  |
| Other transferable securities dealt on another regulated market |  |  | 3,095,158 | 3,876,787 | 7.48 |

| Comgest Growth GEM Promising Companies |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| SCHEDULE OF INVESTMENTS |  |  |  |  |  |
| As at 30 June 2020 |  |  |  |  |  |
| (expressed in EUR) |  |  |  |  |  |
|  | Quantity/ |  | Acquisition | Fair Value | % Net |
| Security | Face value | Currency | cost EUR | EUR | Assets |
| Other transferable securities |  |  |  |  |  |
| Investment Funds |  |  |  |  |  |
| France |  |  |  |  |  |
| Investment funds Societe de Gestion Prevoir - Prevoir |  |  |  |  |  |
| Renaissance Vietnam | 9,114 | EUR | 1,210,311 | 1,650,910 | 3.19 |
|  |  |  | 1,210,311 | 1,650,910 | 3.19 |
|  |  |  |  |  |  |
| Total France |  |  | 1,210,311 | 1,650,910 | 3.19 |
|  |  |  |  |  |  |
| Investment Funds |  |  | 1,210,311 | 1,650,910 | 3.19 |
|  |  |  |  |  |  |
| Other transferable securities |  |  | 1,210,311 | 1,650,910 | 3.19 |
|  |  |  |  |  |  |
| Financial assets at fair value through profit and loss |  |  | 52,907,194 | 49,068,376 | 94.74 |
| Cash and other net assets |   2,718,431	5.25  |
| Total net assets attributable to holders of redeemable participating shares |  51,786,807	99.99  |
|  | % of |
|  | Total Assets |
| Transferable securities admitted to an official stock exchange listing | 82.23 |
| Other transferable securities dealt on another regulated market | 7.32 |
| Other transferable securities | 3.12 |

| Comgest Growth Europe |  |
| --- | --- |
| SCHEDULE OF INVESTMENTS As at 30 June 2020 (expressed in EUR) |
| Security | Quantity/ Face value | Currency | Acquisition cost EUR | Fair Value EUR | % Net Assets |
| Financial assets at fair value through profit and loss |  |  |  |  |  |

Transferable securities admitted to an official stock exchange listing Equity securities
Denmark
Biotechnology
| Chr Hansen Holding A/S | 614,099 | DKK | 37,330,692 | 56,357,626 | 1.48 |
| --- | --- | --- | --- | --- | --- |
|  |  |  | 37,330,692 | 56,357,626 | 1.48 |
| Internet software SimCorp A/S | 191,185 | DKK | 14,236,627 | 18,340,791 | 0.48 |
|  |  |  | 14,236,627 | 18,340,791 | 0.48 |
| Pharmaceuticals and cosmetics Ambu A/S | 1,759,393 | DKK | 29,967,891 | 49,194,752 | 1.29 |
| Coloplast A/S - B Shares | 236,691 | DKK | 15,341,815 | 32,646,232 | 0.86 |
| Novo Nordisk A/S - B Shares | 3,159,668 | DKK | 140,241,433 | 182,037,847 | 4.78 |
|  |  |  | 185,551,139 | 263,878,831 | 6.93 |
|  |  |  |  |  |  |
| Total Denmark |  |  | 237,118,458 | 338,577,248 | 8.89 |
| France |  |  |  |  |  |
| Healthcare education and social services Orpea | 731,555 | EUR | 77,825,267 | 75,277,010 | 1.98 |
|  |  |  | 77,825,267 | 75,277,010 | 1.98 |
| Internet software Dassault Systèmes SE | 786,817 | EUR | 76,538,496 | 120,855,091 | 3.18 |
|  |  |  | 76,538,496 | 120,855,091 | 3.18 |
| News transmission Teleperformance | 160,231 | EUR | 31,328,744 | 36,196,183 | 0.95 |
|  |  |  | 31,328,744 | 36,196,183 | 0.95 |
| Pharmaceuticals and cosmetics EssilorLuxottica SA | 1,281,360 | EUR | 121,439,447 | 146,395,380 | 3.85 |
| L'Oreal SA | 438,298 | EUR | 63,827,943 | 125,221,739 | 3.29 |
|  |  |  | 185,267,390 | 271,617,119 | 7.14 |

Translation (ENDE, 2020-06-30):
# Comgest Growth GEM Promising Companies
WESENTLICHE BESTANDSVERÄNDERUNGEN für den Berichtszeitraum zum 30. Juni 2020
| Verkäufe |  |  |  |
| --- | --- | --- | --- |
| Prozentualer Anteil |
| Wertpapier | Stück | Betrag (EUR) | Verkäufe |
| Odontoprev SA | 977.993 | 2.486.551 | 7,47 |
| NCSoft Corp | 4.112 | 2.150.987 | 6,46 |
| Sarana Menara Nusantara Tbk PT | 36.889.007 | 1.961.568 | 5,89 |
| Linx SA | 550.572 | 1.714.150 | 5,15 |
| Samsonite International SA | 1.763.945 | 1.677.623 | 5,04 |
| Shandong Weigao Group Medical Polymer Co Ltd – H-Aktien | 1.284.000 | 1.603.561 | 4,82 |
| Arezzo Industria e Comercio SA | 229.620 | 1.547.628 | 4,65 |
| JUMBO SA | 83.652 | 1.545.105 | 4,64 |
| Mail.Ru Group Ltd | 102.617 | 1.505.331 | 4,52 |
| Nigerian Breweries PLC | 16.181.382 | 1.402.919 | 4,21 |
| Autohome Inc | 19.285 | 1.386.696 | 4,16 |
| Cogna Educação | 914.100 | 1.351.722 | 4,06 |
| Container Corp Of India Ltd | 257.328 | 1.327.500 | 3,99 |
| Goodbaby International Holdings Ltd | 11.289.986 | 1.299.870 | 3,90 |
| Localiza Rent a Car SA | 242.138 | 1.285.273 | 3,86 |
| 58.com Inc | 25.470 | 1.144.238 | 3,44 |
| 3SBio Inc | 872.000 | 856.956 | 2,57 |
| Medy Tox | 8.049 | 834.552 | 2,51 |
| Minth Group Ltd | 338.000 | 783.411 | 2,35 |
| Commercial International Bank Egypt SAE | 161.151 | 667.042 | 2,00 |
| China Resources Gas Group Ltd | 118.000 | 592.705 | 1,78 |
| Catcher Technology Co Ltd | 93.000 | 564.354 | 1,69 |
| Societe de Gestion Prevoir - Prevoir Renaissance Vietnam | 3.381 | 533.837 | 1,60 |
| Integrated Diagnostics Holdings PLC | 141.194 | 433.468 | 1,30 |
| Infraestructura Energetica Nova SAB de CV | 89.200 | 384.583 | 1,15 |
| Safaricom PLC | 1.593.000 | 374.710 | 1,13 |
| Noah Holdings Ltd | 15.254 | 370.131 | 1,11 |
| Grupo Nutresa SA | 61.843 | 357.952 | 1,07 |