# Comgest Growth Latin America
#### SCHEDULE OF INVESTMENTS
As at 31 December 2019 (expressed in EUR)
Quantity/	Acquisition	Fair Value	% Net
Security	Face value	Currency	cost EUR	EUR	Assets
Internet software
| Linx SA | 252,192 | BRL | 1,525,935 | 1,978,223 | 5.08 |
| --- | --- | --- | --- | --- | --- |
| TOTVS SA | 112,024 | BRL | 916,933 | 1,601,411 | 4.11 |
|  |  |  | 2,442,868 | 3,579,634 | 9.19 |

Mechanics and machinery
| WEG SA	129,357 | BRL | 418,222 | 992,920 | 2.55 |
| --- | --- | --- | --- | --- |
|  |  |  | 418,222 | 992,920 | 2.55 |
| News transmission Telefonica Brasil SA | 92,400 | BRL | 976,107 | 1,186,440 | 3.05 |
|  |  |  | 976,107 | 1,186,440 | 3.05 |
| Public services Engie Brasil Energia SA | 148,000 | BRL | 1,203,319 | 1,665,026 | 4.28 |
|  |  |  | 1,203,319 | 1,665,026 | 4.28 |
| Retail Lojas Renner SA | 123,470 | BRL | 755,958 | 1,536,442 | 3.95 |
|  |  |  | 755,958 | 1,536,442 | 3.95 |
| Transportation CCR SA | 321,457 | BRL | 1,259,983 | 1,351,184 | 3.47 |
| Santos Brasil Participacoes SA | 213,325 | BRL | 198,404 | 386,448 | 0.99 |
|  |  |  | 1,458,387 | 1,737,632 | 4.46 |
|  |  |  |  |  |  |
| Total Brazil |  |  | 19,572,303 | 24,320,260 | 62.46 |
| Cayman Islands |  |  |  |  |  |
| Holding and finance companies Pagseguro Digital Ltd | 37,500 | USD | 1,249,266 | 1,141,203 | 2.93 |
|  |  |  | 1,249,266 | 1,141,203 | 2.93 |
|  |  |  |  |  |  |
| Total Cayman Islands |  |  | 1,249,266 | 1,141,203 | 2.93 |
| Chile |  |  |  |  |  |
| Agriculture and fishing Salmones Camanchaca SA | 57,246 | CLP | 402,185 | 430,709 | 1.11 |
|  |  |  | 402,185 | 430,709 | 1.11 |

Translation (ENDE, 2019-12-31):
# Comgest Growth Latin America
WESENTLICHE BESTANDSVERÄNDERUNGEN im Geschäftsjahr zum 31. Dezember 2019
| Käufe |  |  |  |
| --- | --- | --- | --- |
|  |  |  | Prozentualer Anteil |
| Wertpapier | Stück | Betrag (EUR) | Käufe |
| Pagseguro Digital Ltd | 37.500 | 1.249.266 | 8,05 |
| M Dias Branco SA | 128.207 | 1.235.838 | 7,97 |
| PLA Administradora Industrial S de RL de CV | 919.266 | 1.179.467 | 7,60 |
| Linx SA | 161.692 | 1.144.128 | 7,38 |
| Atacadao SA | 191.200 | 1.024.349 | 6,60 |
| Embraer SA | 48.756 | 795.071 | 5,13 |
| Wal-Mart de Mexico SAB de CV | 313.300 | 780.930 | 5,03 |
| SACI Falabella | 163.263 | 724.775 | 4,67 |
| Empresas COPEC SA | 77.767 | 658.211 | 4,24 |
| Arezzo Industria e Comercio SA | 53.000 | 615.471 | 3,97 |
| Fomento Economico Mexicano SAB de CV | 64.100 | 514.519 | 3,32 |
| Odontoprev SA | 130.200 | 470.784 | 3,04 |
| Hoteles City Express SAB de CV | 560.744 | 451.847 | 2,91 |
| Duratex SA | 189.100 | 450.728 | 2,91 |
| Santos Brasil Participações SA | 462.700 | 434.490 | 2,80 |
| Salmones Camanchaca SA | 57.246 | 402.185 | 2,59 |
| CCR SA | 133.500 | 399.427 | 2,58 |
| WEG SA | 90.800 | 396.082 | 2,55 |
| Klabin SA | 94.100 | 373.717 | 2,41 |
| Grupo Aeroportuario del Sureste SAB de CV – A-Aktien | 24.535 | 357.615 | 2,31 |
| Banco Macro SA | 6.700 | 279.796 | 1,80 |
| Infraestructura Energética Nova SAB de CV | 71.200 | 247.117 | 1,59 |
| Grupo Nutresa SA | 31.507 | 222.678 | 1,44 |
| Fibra Uno Administracion SA de CV | 168.400 | 214.504 | 1,38 |
| BB Seguridade Participações SA | 30.500 | 194.934 | 1,26 |
| TOTVS SA | 20.792 | 182.544 | 1,18 |
| Localiza Rent a Car SA | 22.641 | 166.665 | 1,07 |