# Swisscanto (LU) Money Market Fund
## Statistics (cont.)
Swisscanto (LU) Money Market Fund Responsible
EUR*
Swisscanto (LU) Money Market Fund Responsible
USD*
EUR	USD
NET ASSETS
31 March 2021	106,932,215	271,626,541
31 March 2020	89,982,632	236,183,381
31 March 2019	123,669,204	226,246,590
Net asset value per unit 31 March 2021
| Class AT | 102.27 | 208.69 |
| --- | --- | --- |
| Class BT | - | - |
| Class DT | 97.92 | 107.21 |
| Class NT | - | 107.44 |
| Class GT | 97.49 | 108.25 |
| Class FT | - | - |

31 March 2020
| Class AT | 102.64 | 206.93 |
| --- | --- | --- |
| Class BT | - | - |
| Class DT | 98.21 | 106.21 |
| Class NT | - | 106.15 |
| Class GT | 97.74 | 107.18 |
| Class FT | - | - |

| Class AT | 103.43 | 203.05 |
| --- | --- | --- |
| Class BT | - | - |
| Class DT | 98.90 | 104.11 |
| Class NT | - | 103.79 |
| Class GT | 98.40 | 105.01 |
| Class FT | - | - |
| unit Class AT | 0.26% | 0.36% |
| Class BT | - | - |
| Class DT | 0.19% | 0.27% |
| Class NT | - | 0.01% |
| Class GT | 0.18% | 0.21% |
| Class FT | - | - |

31 March 2019
TER per
- See note 14


## Investment portfolio as at 31 March 2021

#### (information in AUD)
ISIN Number	Name
Quantity / face value
Currency	Cost price	Fair value	% of net
assets
Officially and other regulated markets listed securities and money market instruments
| Bonds |  |
| --- | --- |
| AU3CB0243004 | Australia Anz Bk 3.3% 17-07.03.22 | 1,800,000 | AUD | 1,858,914 | 1,850,364 | 1.73 |
| AU3FN0032181 | Anz Bk Frn 16-16.08.21 | 2,700,000 | AUD | 2,733,750 | 2,709,639 | 2.53 |
| AU0000XCLWM5 | Australia 5.75% 07-15.05.21 | 750,000 | AUD | 782,190 | 754,616 | 0.70 |
| AU3FN0035473 | Bk China Au Frn 17-20.04.22 | 4,600,000 | AUD | 4,642,070 | 4,639,008 | 4.33 |
| XS1397746980 | Cw Bk Austr 2.93% 16-27.04.21 | 1,281,000 | AUD | 1,298,293 | 1,283,043 | 1.20 |
| AU3FN0044160 | Ing Bk Au Frn 18-07.09.21 | 3,000,000 | AUD | 3,007,644 | 3,005,400 | 2.80 |
| AU3CB0240331 | Nat Aus Bk 3% 16-21.10.21 | 1,000,000 | AUD | 1,029,170 | 1,015,000 | 0.95 |
| AU3CB0243459 | NAT AUS BK 3.25% 17-24.03.22 | 600,000 | AUD | 618,444 | 617,304 | 0.58 |
| XS1026110475 | Nat Aus Bk 5% 14-07.05.21 | 900,000 | AUD | 908,500 | 903,693 | 0.84 |
| AU3FN0044244 | Ocbc Bank Frn 18-06.09.21 | 1,000,000 | AUD | 1,004,830 | 1,002,650 | 0.94 |
| XS1414826377 | Rabobk Nl A 3% 16-23.08.21 | 800,000 | AUD | 821,480 | 808,664 | 0.75 |
| AU3FN0034690 | Rbank Frn 17-03.03.22 | 1,000,000 | AUD | 1,008,887 | 1,008,300 | 0.94 |
| AU3CB0243756 | Telstra 2.9% 17-19.04.21 | 800,000 | AUD | 803,111 | 800,758 | 0.75 |
| AU3CB0237683 | Westpac Bk 3.1% 16-03.06.21 | 800,000 | AUD | 820,592 | 803,669 | 0.75 |
|  |  |  |  | 21,337,875 | 21,202,108 | 19.79 |
| AU3CB0237766 | Canada Edc 2.4% 16-07.06.21 | 3,500,000 | AUD | 3,562,490 | 3,513,580 | 3.28 |
| AU0000QBCHF5 | Quebec 6.5% 11-12.07.21 | 800,000 | AUD | 819,000 | 813,456 | 0.76 |
| AU3FN0044954 | Tor Dom Bk Frn 18-20.09.21 | 1,000,000 | AUD | 1,001,020 | 1,003,000 | 0.93 |
|  |  |  |  | 5,382,510 | 5,330,036 | 4.97 |
| AU3FN0038840 | Cayman Islands Adcb Ky Frn 17-25.10.22 | 2,930,000 | AUD | 2,930,561 | 2,945,617 | 2.75 |
|  |  |  |  | 2,930,561 | 2,945,617 | 2.75 |
| XS1139080250 | France Bnpp 4.375% 14-18.11.21 | 1,200,000 | AUD | 1,249,848 | 1,230,336 | 1.15 |
| XS1367229488 | Cacib 2.75% 16-02.06.21 | 1,500,000 | AUD | 1,514,490 | 1,504,830 | 1.40 |
| AU3CB0225662 | Total Cap 4.25% 14-26.11.21 | 3,892,000 | AUD | 4,032,400 | 3,986,459 | 3.72 |
|  |  |  |  | 6,796,738 | 6,721,625 | 6.27 |
| AU0000KFWHU6 | Germany Kfw 5.5% 12-09.02.22 | 3,700,000 | AUD | 3,892,577 | 3,866,870 | 3.61 |
| AU3CB0228716 | Lwf Rentbk 2.5% 15-13.04.21 | 1,500,000 | AUD | 1,528,950 | 1,500,705 | 1.40 |
|  |  |  |  | 5,421,527 | 5,367,575 | 5.01 |
| AU3FN0054151 | Great Britain Ubs Ag Lond Frn 20-21.11.22 | 600,000 | AUD | 609,612 | 607,590 | 0.57 |
|  |  |  |  | 609,612 | 607,590 | 0.57 |
| XS1572744222 | Japan Sumibk Frn 17-29.03.22 | 2,195,000 | AUD | 2,208,484 | 2,212,736 | 2.06 |
| XS1523056726 | Tokyo Metro 2.74% 16-03.12.21 | 1,200,000 | AUD | 1,218,660 | 1,218,108 | 1.14 |
|  |  |  |  | 3,427,144 | 3,430,844 | 3.20 |
| AU3CB0176675 | Luxembourg Eib 6.25% 11-08.06.21 | 600,000 | AUD | 630,090 | 606,414 | 0.57 |
|  |  |  |  | 630,090 | 606,414 | 0.57 |

| XS1083718624 | Netherlands Bng 4.125% 14-07.07.21 | 3,600,000 | AUD | 3,731,400 | 3,635,496 | 3.39 |
| --- | --- | --- | --- | --- | --- | --- |
| XS1070531402 | Rabobk 4.5% 14-26.05.21 | 3,000,000 | AUD | 3,116,398 | 3,017,820 | 2.82 |
|  |  |  |  | 6,847,798 | 6,653,316 | 6.21 |
| AU3CB0222131 | New Zealand Fonterra 4.5% 14-30.06.21 | 4,500,000 | AUD | 4,640,223 | 4,543,785 | 4.24 |
|  |  |  |  | 4,640,223 | 4,543,785 | 4.24 |
| AU0000ATBHI7 | Philippines Adb 5% 12-09.03.22 | 2,600,000 | AUD | 2,727,492 | 2,716,766 | 2.53 |
|  |  |  |  | 2,727,492 | 2,716,766 | 2.53 |
| AU3FN0043584 | Singapore Uobsp Frn 18-24.01.22 | 2,000,000 | AUD | 2,008,420 | 2,010,980 | 1.88 |
|  |  |  |  | 2,008,420 | 2,010,980 | 1.88 |
| XS1074107910 | South Korea Eibk 4.75% 14-03.06.21 | 700,000 | AUD | 723,506 | 705,089 | 0.66 |
|  |  |  |  | 723,506 | 705,089 | 0.66 |
| AU3CB0185957 | Sweden Kommuninv 5.375% 11-18.11.21 | 3,500,000 | AUD | 3,619,210 | 3,617,250 | 3.37 |
| AU3CB0242543 | Swedbank 3.50% 17-17.02.22 | 3,000,000 | AUD | 3,091,684 | 3,081,810 | 2.88 |
| AU3FN0034229 | Swedbank Frn 17-17.02.22 | 2,250,000 | AUD | 2,257,924 | 2,267,392 | 2.12 |
|  |  |  |  | 8,968,818 | 8,966,452 | 8.37 |
| AU3CB0227411 | United Arab Emirates Emirate Nbd 4.75% 15-18.02.22 | 3,220,000 | AUD | 3,344,849 | 3,323,177 | 3.10 |
|  |  |  |  | 3,344,849 | 3,323,177 | 3.10 |
| XS1461849447 | USA Boa 3.3% 16-05.08.21 | 1,000,000 | AUD | 1,025,129 | 1,009,870 | 0.94 |
| XS1461849363 | Boa Frn 16-05.08.21 | 1,500,000 | AUD | 1,512,945 | 1,506,555 | 1.41 |
| AU3CB0224046 | Met Life 4.75% 14-17.09.21 | 1,370,000 | AUD | 1,410,421 | 1,395,674 | 1.30 |
| XS1629729796 | Nab Ny 2.26% 17-21.06.21 | 2,300,000 | AUD | 2,320,895 | 2,309,897 | 2.16 |
| AU3CB0238731 | Toyota 2.75% 16-26.07.21 Regs | 3,396,000 | AUD | 3,460,338 | 3,421,809 | 3.19 |
| XS1545717875 | Toyota 2.80% 17-18.01.22 | 1,800,000 | AUD | 1,833,840 | 1,830,600 | 1.71 |
|  |  |  |  | 11,563,568 | 11,474,405 | 10.71 |
| Total - Bonds |  |  |  | 87,360,731 | 86,605,779 | 80.83 |
| Total - Officially and other regulated markets listed securities and money |
| market instruments	87,360,731 | 86,605,779 | 80.83 |

Investment funds
Ireland
| IE00BHPRGG22 | Hsbc Gl Aud Liq -K- Aud | 2,700,000 | AUD | 2,700,000 | 2,724,195 | 2.54 |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  | 2,700,000 | 2,724,195 | 2.54 |

Luxembourg
LU0533339585	Jpmlf Aud Liq -C- Aud/Cap	180	AUD	2,239,857	2,266,241	2.12
Swisscanto (Lu) Money Market Fund
LU0899940042
Responsible Chf Gt*	29,800	CHF	4,086,817	3,963,484	3.70
6,326,674	6,229,725	5.82
Total - Investment funds	9,026,674	8,953,920	8.36
Financial Instruments
Certificate of Deposit
Luxembourg
| AU3FN0049706 | BK TOKYO AU 0% 19-29.08.22 CD | 1,500,000 | AUD | 1,509,925 | 1,509,177 | 1.41 |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  | 1,509,925 | 1,509,177 | 1.41 |
| Total - Certificate of Deposit | 1,509,925 | 1,509,177 | 1.41 |
| Financial Instruments | 1,509,925 | 1,509,177 | 1.41 |
| TOTAL INVESTMENT PORTFOLIO | 97,897,330 | 97,068,876 | 90.60 |


## Geographic and economic composition of investment portfolio as at 31 March 2021

#### (information in percentage of net assets)
| Geographic composition | % |
| --- | --- |
| Australia | 19.79 |
| USA | 10.71 |
| Sweden | 8.37 |
| Luxembourg | 7.79 |
| France | 6.27 |
| Netherlands | 6.21 |
| Germany | 5.01 |
| Canada | 4.97 |
| New Zealand | 4.24 |
| Japan | 3.20 |
| United Arab Emirates | 3.10 |
| Cayman Islands | 2.75 |
| Ireland | 2.54 |
| Philippines | 2.53 |
| Singapore | 1.88 |
| South Korea | 0.66 |
| Great Britain | 0.57 |
|  | 90.60 |

| Economic composition | % |
| --- | --- |
| Banks and financial institutions | 48.96 |
| Holding and finance companies | 14.74 |
| States, provinces and municipalities | 10.45 |
| Investment funds | 8.36 |
| Consumer goods | 4.24 |
| Supranational | 3.10 |
| News transmission | 0.75 |
|  | 90.60 |

*See Note 14

## Investment portfolio as at 31 March 2021

#### (information in CHF)
ISIN Number	Name
Quantity / face value
Currency	Cost price	Fair value	% of net
assets
Officially and other regulated markets listed securities and money market instruments
| Bonds |  |
| --- | --- |
| CH0233911772 | Australia Cba 1.5% 14-07.02.22 | 7,000,000 | CHF | 7,158,040 | 7,131,250 | 2.67 |
| CH0245865834 | Nat Aus Bk 1% 14-10.12.21 | 3,985,000 | CHF | 4,041,737 | 4,031,027 | 1.51 |
| CH0255893064 | Westpac Bk 0.5% 15-02.02.22 | 3,885,000 | CHF | 3,930,198 | 3,923,267 | 1.47 |
|  |  |  |  | 15,129,975 | 15,085,544 | 5.65 |
| CH0338330498 | Austria Bawag Psk 0.01% 16-15.09.21 | 1,500,000 | CHF | 1,502,400 | 1,503,150 | 0.56 |
| CH0347556935 | Hypo Noe Gr 0.2% 17-31.03.22 | 5,000,000 | CHF | 5,042,100 | 5,038,750 | 1.88 |
| CH0338330449 | Hypo Vorarl 0.13% 16-06.10.21 | 7,000,000 | CHF | 7,028,050 | 7,025,900 | 2.63 |
| CH0256886505 | Niederoest 0.375% 14-27.04.21 | 3,995,000 | CHF | 4,024,052 | 3,997,597 | 1.50 |
| CH0190125051 | Oekb 1% 12-28.09.21 | 5,600,000 | CHF | 5,694,385 | 5,656,560 | 2.12 |
|  |  |  |  | 23,290,987 | 23,221,957 | 8.69 |
| CH0127593140 | Canada Rbc 2.25% 11-21.04.21 | 1,000,000 | CHF | 1,010,450 | 1,001,250 | 0.38 |
|  |  |  |  | 1,010,450 | 1,001,250 | 0.38 |
| CH0100262069 | Finland Municip Fin 3% 09-15.04.2021 | 2,000,000 | CHF | 2,045,150 | 2,001,900 | 0.75 |
| CH0247163618 | Op Corp 1% 14-14.07.21 | 9,000,000 | CHF | 9,107,100 | 9,044,550 | 3.39 |
|  |  |  |  | 11,152,250 | 11,046,450 | 4.14 |
| CH0238315656 | France Bpce 1.5% 14-30.04.21 | 5,000,000 | CHF | 5,067,850 | 5,024,750 | 1.88 |
| CH0235034110 | Ca Home 1.125% 12.08.21 | 5,355,000 | CHF | 5,440,272 | 5,389,807 | 2.02 |
| CH0100525382 | Cades 3% 09-21.04.21 | 6,000,000 | CHF | 6,179,450 | 6,009,300 | 2.25 |
| CH0117615374 | Cff 2.25% 10-13.10.21 | 8,400,000 | CHF | 8,639,020 | 8,531,040 | 3.19 |
| CH0027815288 | Sncf 2.625% 06-13.12.21 | 5,015,000 | CHF | 5,185,163 | 5,132,100 | 1.92 |
| CH0146839870 | Vinci 3% 12-24.01.22 | 1,200,000 | CHF | 1,236,840 | 1,235,040 | 0.46 |
|  |  |  |  | 31,748,595 | 31,322,037 | 11.72 |
| CH0255286707 | Great Britain Bpcm 0.75% 14-27.09.21 | 6,840,000 | CHF | 6,925,507 | 6,891,984 | 2.58 |
| CH0255590801 | Credit Agri 1% 14-08.10.21 | 3,750,000 | CHF | 3,806,550 | 3,781,687 | 1.42 |
| CH0254859116 | Cs Ag Ldn 1% 14-24.09.21 | 5,500,000 | CHF | 5,575,240 | 5,541,250 | 2.07 |
| CH0026950078 | Net Rail Inf 2.75% 06-06.10.21 | 1,165,000 | CHF | 1,198,261 | 1,186,087 | 0.44 |
|  |  |  |  | 17,505,558 | 17,401,008 | 6.51 |
| CH0276581110 | Honduras Cabei 0.194% 15-19.11.21 | 7,090,000 | CHF | 7,146,388 | 7,128,995 | 2.67 |
| CH0229318131 | Cabei 1.875% 14-25.02.22 | 1,500,000 | CHF | 1,534,350 | 1,533,225 | 0.57 |
|  |  |  |  | 8,680,738 | 8,662,220 | 3.24 |
| CH0310451841 | Jersey Ubs Grp Fdg 0.75% 16-22.02.22 | 4,000,000 | CHF | 4,048,496 | 4,045,800 | 1.52 |
|  |  |  |  | 4,048,496 | 4,045,800 | 1.52 |


## Investment portfolio (cont.) as at 31 March 2021

#### (information in CHF)
Quantity /
Currency	Cost price	Fair value	% of net
| ISIN Number | Name | face value |  |  |  | assets |
| --- | --- | --- | --- | --- | --- | --- |
| CH0233680203 | Liechtenstein Lgt Bank Ag 1.5% 14-10.05.21 | 8,930,000 | CHF | 9,061,224 | 8,948,753 | 3.35 |
| CH0262888933 | Vp Bank 0.5% 15-07.04.21 | 4,795,000 | CHF | 4,818,799 | 4,795,240 | 1.79 |
|  |  |  |  | 13,880,023 | 13,743,993 | 5.14 |
| CH0100128351 | Luxembourg Bei 3% 09-14.04.21 | 2,000,000 | CHF | 2,047,350 | 2,001,700 | 0.75 |
|  |  |  |  | 2,047,350 | 2,001,700 | 0.75 |
| CH0127860184 | Netherlands Abn Amro 2.625% 11-27.04.21 | 6,800,000 | CHF | 6,963,520 | 6,814,280 | 2.55 |
| CH0131220730 | Abn Amro Bk 3.125% 11-28.06.21 | 520,000 | CHF | 537,135 | 524,576 | 0.20 |
| CH0239322495 | Rabobk 1.125% 14-08.04.21 | 1,800,000 | CHF | 1,814,480 | 1,800,180 | 0.67 |
| CH0115457670 | Rabobk 2% 10-16.09.21 | 6,000,000 | CHF | 6,158,275 | 6,071,700 | 2.27 |
|  |  |  |  | 15,473,410 | 15,210,736 | 5.69 |
| CH0385997074 | Poland Pko Bank 0.3% 17-02.11.21 | 6,000,000 | CHF | 6,023,450 | 6,027,600 | 2.26 |
| CH0247904557 | Poland 1% 14-17.09.21 Regs | 5,000,000 | CHF | 5,078,500 | 5,037,250 | 1.88 |
|  |  |  |  | 11,101,950 | 11,064,850 | 4.14 |
| CH0148937649 | Sweden Kommuninvest 1.25% 12-28.02.22 | 2,500,000 | CHF | 2,550,975 | 2,545,875 | 0.95 |
|  |  |  |  | 2,550,975 | 2,545,875 | 0.95 |
| CH0381583886 | Switzerland Basel Kb 0% 17-06.10.21 | 4,700,000 | CHF | 4,730,158 | 4,717,155 | 1.77 |
| CH0394905696 | Basler Kb 0.0% 18-11.04.22 | 2,500,000 | CHF | 2,518,650 | 2,517,375 | 0.94 |
| CH0293343395 | Bc Valais 0.08% 15-15.09.21 | 3,500,000 | CHF | 3,518,783 | 3,511,900 | 1.31 |
| CH0314250983 | Kb Aargau 0.0% 16-08.03.22 | 4,050,000 | CHF | 4,077,775 | 4,074,907 | 1.53 |
| CH0305954528 | Kt Aargau 0.0% 15-10.12.21 | 1,500,000 | CHF | 1,510,620 | 1,507,800 | 0.56 |
| CH0353428045 | Kt Aargau 0.0% 17-17.02.22 | 1,290,000 | CHF | 1,299,159 | 1,297,869 | 0.49 |
| CH0345536517 | Kt Basel St 0.0% 16-24.11.21 | 460,000 | CHF | 462,484 | 462,323 | 0.17 |
| CH0319415912 | Pfandbrief 0.0% 16-02.07.21 | 6,300,000 | CHF | 6,329,585 | 6,311,970 | 2.36 |
| CH0343366826 | Pfandbrief 0.0% 16-14.02.22 | 1,500,000 | CHF | 1,510,575 | 1,509,375 | 0.57 |
| CH0312512699 | Pfandbriefz 0% 16-15.12.21 | 6,000,000 | CHF | 6,046,200 | 6,033,000 | 2.26 |
| CH0373476537 | Psp Swiss 0.06% 18-11.02.22 | 2,250,000 | CHF | 2,262,935 | 2,262,600 | 0.85 |
| CH0553663557 | Raiffeisen 0.0% 20-22.06.21 | 5,000,000 | CHF | 5,011,000 | 5,005,000 | 1.87 |
| CH0130720516 | St Gall Kb 2.625% 11-30.06.21 | 2,000,000 | CHF | 2,034,700 | 2,015,700 | 0.76 |
| CH0419045809 | Swiss Life Frn 19-06.12.21 | 4,000,000 | CHF | 4,012,800 | 4,007,800 | 1.50 |
| CH0536893495 | Zuercher Kb 0.0% 20-08.04.21 | 3,000,000 | CHF | 3,010,830 | 3,000,487 | 1.12 |
| CH0307256401 | Zuercher Kb 0.03% 16-11.02.22 | 2,000,000 | CHF | 2,015,000 | 2,012,500 | 0.75 |
|  |  |  |  | 50,351,254 | 50,247,761 | 18.81 |
| CH0008805449 | USA Ibrd 0% 86-26.11.21 | 5,500,000 | CHF | 5,542,085 | 5,528,050 | 2.07 |
| CH0267020045 | Ny Life Gbl 0.375% 15-02.02.22 | 5,000,000 | CHF | 5,053,350 | 5,042,750 | 1.89 |
|  |  |  |  | 10,595,435 | 10,570,800 | 3.96 |


## Investment portfolio (cont.) as at 31 March 2021

#### (information in CHF)
ISIN Number	Name
Quantity / face value
Currency	Cost price	Fair value	% of net
assets
| CH0310451833 | Venezuela Corp Andina 0.15% 16-24.02.22 | 2,900,000 | CHF | 2,915,900 | 2,918,560 | 1.09 |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  | 2,915,900 | 2,918,560 | 1.09 |
| Total - Bonds | 221,483,346 | 220,090,541 | 82.38 |
| Total - Officially and other regulated markets listed securities and money |  |  |  |
| market instruments | 221,483,346 | 220,090,541 | 82.38 |
| Investment funds |  |  |  |  |  |
| Luxembourg LU0128499158	Pictet - Short-Term Money Market Chf I | 95,326 | CHF | 11,483,340 | 11,354,423 | 4.25 |
| Lo Funds - Short-Term Money Market |  |  |  |  |  |
| LU1577895896	(Chf), Ia | 91,715 | CHF | 11,505,041 | 11,377,351 | 4.26 |
|  |  |  | 22,988,381 | 22,731,774 | 8.51 |
| Total - Investment funds |  |  | 22,988,381 | 22,731,774 | 8.51 |
| TOTAL INVESTMENT PORTFOLIO |  |  | 244,471,727 | 242,822,315 | 90.89 |


## Geographic and economic composition of investment portfolio as at 31 March 2021

#### (information in percentage of net assets)
| Geographic composition | % |
| --- | --- |
| Switzerland | 18.82 |
| France | 11.72 |
| Luxembourg | 9.26 |
| Austria | 8.69 |
| Great Britain | 6.51 |
| Netherlands | 5.69 |
| Australia | 5.65 |
| Liechtenstein | 5.14 |
| Poland | 4.14 |
| Finland | 4.14 |
| USA | 3.96 |
| Honduras | 3.24 |
| Jersey | 1.51 |
| Venezuela | 1.09 |
| Sweden | 0.95 |
| Canada | 0.38 |
|  | 90.89 |

| Economic composition | % |
| --- | --- |
| Banks and financial institutions | 47.67 |
| States, provinces and municipalities | 9.25 |
| Investment funds | 8.51 |
| Holding and finance companies | 7.17 |
| Supranational | 7.15 |
| Mortgage & funding institutions | 5.19 |
| Transport | 1.92 |
| Insurance | 1.50 |
| Swiss Cantonal Bonds | 1.22 |
| Real estate companies | 0.85 |
| Construction, building materials | 0.46 |
|  | 90.89 |

*See Note 14

## Investment portfolio as at 31 March 2021

#### (information in EUR)
ISIN Number	Name
Quantity / face value
Currency	Cost price	Fair value	% of net
assets
Officially and other regulated markets listed securities and money market instruments
| Bonds |  |
| --- | --- |
| XS1978200555 | Australia Toyota Au 0% 19-09.04.21 | 2,000,000 | EUR | 2,004,340 | 2,000,120 | 1.87 |
| XS1591674459 | Westpac Bk 0.25% 17-06.04.22 | 600,000 | EUR | 604,572 | 604,458 | 0.56 |
|  |  |  |  | 2,608,912 | 2,604,578 | 2.43 |
| AT0000A001X2 | Austria Austria 3.5% 05-15.09.21 | 2,500,000 | EUR | 2,586,332 | 2,546,200 | 2.38 |
|  |  |  |  | 2,586,332 | 2,546,200 | 2.38 |
| XS1132402709 | Cayman Islands Hutch Wham 14 1.375% -31.10.21 | 2,000,000 | EUR | 2,019,360 | 2,018,220 | 1.89 |
|  |  |  |  | 2,019,360 | 2,018,220 | 1.89 |
| XS1422314689 | China China Dv Bk 0.5% 16-01.06.21 | 1,000,000 | EUR | 1,004,459 | 1,000,630 | 0.94 |
| XS1957425702 | Cna Eximbk 0.3% 19-06.03.22 | 1,250,000 | EUR | 1,256,125 | 1,254,550 | 1.17 |
|  |  |  |  | 2,260,584 | 2,255,180 | 2.11 |
| XS0541140793 | Czech Republic Czech Rep 3.625% 10-14.04.21 | 2,000,000 | EUR | 2,031,200 | 2,001,920 | 1.87 |
|  |  |  |  | 2,031,200 | 2,001,920 | 1.87 |
| XS1347564970 | Finland Op Corp 0.875% 16-21.06.21 | 1,000,000 | EUR | 1,011,130 | 1,002,920 | 0.94 |
|  |  |  |  | 1,011,130 | 1,002,920 | 0.94 |
| FR0011197409 | France Bpce 4.5% 12-10.02.22 | 1,000,000 | EUR | 1,045,335 | 1,042,530 | 0.98 |
| FR0010850982 | Caffil 4.25% 10-26.01.22 | 1,000,000 | EUR | 1,048,130 | 1,039,030 | 0.97 |
| FR0010762039 | Caffil 4.875% 09-02.06.21 | 2,000,000 | EUR | 2,093,400 | 2,017,100 | 1.89 |
| FR0012299394 | Cff 0.625% 14-12.11.21 | 500,000 | EUR | 505,845 | 503,495 | 0.47 |
| FR0011035575 | Cff 4.375% 11-15.04.2021 | 2,700,000 | EUR | 2,767,347 | 2,703,294 | 2.53 |
| FR0010758599 | Cff 4.875% 09-25.05.21 | 1,000,000 | EUR | 1,051,120 | 1,007,330 | 0.94 |
| FR0011108976 | Crh 3.6% 11-13.09.21 | 1,000,000 | EUR | 1,022,901 | 1,018,330 | 0.95 |
| FR0010394437 | La Poste 4.25% 06-08.11.21 | 500,000 | EUR | 522,805 | 513,825 | 0.48 |
| XS0453664053 | Ratp 4% 09-23.09.21 | 4,500,000 | EUR | 4,704,495 | 4,593,195 | 4.30 |
| FR0012969020 | Sanofi 0.875% 15-22.09.21 | 500,000 | EUR | 504,010 | 501,420 | 0.47 |
| FR0012146777 | Sanofi 1.125% 14-10.03.22 | 2,100,000 | EUR | 2,124,875 | 2,122,218 | 1.98 |
| XS1500337644 | Socgen 0.125% 16-05.10.21 | 1,000,000 | EUR | 1,004,480 | 1,003,160 | 0.94 |
| FR0013365491 | Socgen 0.25% 18-18.01.22 | 3,500,000 | EUR | 3,523,640 | 3,520,265 | 3.29 |
| XS0994990280 | Total Cap 2.125% 13-19.11.21 | 200,000 | EUR | 204,950 | 203,202 | 0.19 |
|  |  |  |  | 22,123,333 | 21,788,394 | 20.38 |
| XS1979297238 | Germany Bk Of Chn/F 0.25% 19-17.04.22 | 1,500,000 | EUR | 1,505,822 | 1,503,765 | 1.41 |
| XS1451539487 | Dt Bahn Fin 0% 16-19.07.21 Regs | 500,000 | EUR | 501,155 | 500,565 | 0.47 |
| XS0632241112 | Dt Bahn Fin 3.75% 11-01.06.21 Regs | 1,000,000 | EUR | 1,037,690 | 1,006,580 | 0.94 |
| DE000A1K0SM8 | Fms Wertman 3% 11-08.09.21 | 1,000,000 | EUR | 1,035,680 | 1,015,250 | 0.95 |
| XS1488418960 | Henkel Kgaa 0% 16-13.09.21 | 1,000,000 | EUR | 1,002,050 | 1,000,690 | 0.93 |
| XS0670798171 | Lwf Rentbk 2.875% 30.08.21 Emtn | 1,000,000 | EUR | 1,036,980 | 1,014,010 | 0.95 |
|  |  |  |  | 6,119,377 | 6,040,860 | 5.65 |


## Investment portfolio (cont.) as at 31 March 2021

#### (information in EUR)
Quantity /
Currency	Cost price	Fair value	% of net
| ISIN Number | Name | face value |  |  |  | assets |
| --- | --- | --- | --- | --- | --- | --- |
| XS1166160173 | Great Britain Abbey Natl 1.125% 15-14.01.22 | 2,000,000 | EUR | 2,032,980 | 2,025,020 | 1.89 |
| XS1040506112 | Bpcm 2.177% 14-28.09.21 | 1,000,000 | EUR | 1,014,250 | 1,012,790 | 0.95 |
| XS1379182006 | Hsbc Hldg 1.5% 16-15.03.22 | 1,000,000 | EUR | 1,020,330 | 1,018,260 | 0.95 |
| XS1139091372 | Lloyds 1% 14-19.11.21 | 600,000 | EUR | 608,065 | 605,628 | 0.57 |
| XS1109741246 | Sky Regd Euro 1.5% 14-15.09.21 | 3,500,000 | EUR | 3,558,684 | 3,530,065 | 3.30 |
| XS1746107975 | Ubs Ag Lond 0.25% 18-10.01.22 | 1,500,000 | EUR | 1,509,375 | 1,507,695 | 1.41 |
|  |  |  |  | 9,743,684 | 9,699,458 | 9.07 |
| XS1111108830 | Japan Jfm 0.875% 14-22.09.21 | 3,000,000 | EUR | 3,021,770 | 3,019,110 | 2.82 |
| XS1531570221 | Sumitomo Mi 0.606% 17-18.01.22 | 3,000,000 | EUR | 3,027,540 | 3,023,370 | 2.83 |
|  |  |  |  | 6,049,310 | 6,042,480 | 5.65 |
| XS1437623355 | Luxembourg Bank Of Chi 0.75% 16-12.07.21 | 500,000 | EUR | 501,625 | 500,955 | 0.47 |
| XS1877506367 | Ccbc Lux Frn 18-24.09.21 | 1,000,000 | EUR | 1,004,170 | 1,000,540 | 0.94 |
| XS1132789949 | Nestle Fin 0.75% 14-08.11.21 | 100,000 | EUR | 101,115 | 100,711 | 0.09 |
| XS1134758116 | Novartis 0.75% 14-09.11.21 | 150,000 | EUR | 151,620 | 151,056 | 0.14 |
|  |  |  |  | 1,758,530 | 1,753,262 | 1.64 |
| NL0009980945 | Netherlands Abn Amro 5% 12-09.02.22 | 1,000,000 | EUR | 1,057,510 | 1,046,590 | 0.98 |
| XS1873143561 | Bmw Fin 0.125% 18-29.11.21 | 300,000 | EUR | 301,590 | 301,152 | 0.28 |
| XS1910245593 | Bmw Fin 0.25% 18-14.01.22 | 300,000 | EUR | 301,620 | 301,530 | 0.28 |
| XS1363560977 | Bmw Fin 1% 16-15.02.22 | 2,000,000 | EUR | 2,029,200 | 2,024,120 | 1.89 |
| XS1166023777 | Bng 0.375% 15-14.01.22 | 1,000,000 | EUR | 1,008,590 | 1,007,570 | 0.94 |
| XS1823165631 | Paccar Fin Frn 18-18.05.21 | 1,500,000 | EUR | 1,501,785 | 1,500,540 | 1.41 |
| XS1135276332 | Shell Int F 1% 14-06.04.22 | 1,000,000 | EUR | 1,014,960 | 1,014,110 | 0.95 |
| XS1654191623 | Unilever 0% 17-31.07.21 | 500,000 | EUR | 501,015 | 500,580 | 0.47 |
|  |  |  |  | 7,716,270 | 7,696,192 | 7.20 |
| XS0732513972 | Norway Dnb 4.25% 12-18.01.22 | 2,000,000 | EUR | 2,086,330 | 2,075,140 | 1.94 |
|  |  |  |  | 2,086,330 | 2,075,140 | 1.94 |
| XS1536786939 | Poland Poland 0.5% 16-20.12.21 | 1,000,000 | EUR | 1,010,000 | 1,006,080 | 0.94 |
|  |  |  |  | 1,010,000 | 1,006,080 | 0.94 |
| XS0693812355 | Sweden Shb 4.375% 11-20.10.21 Emtn | 550,000 | EUR | 575,630 | 564,586 | 0.53 |
|  |  |  |  | 575,630 | 564,586 | 0.53 |
| XS1077882121 | United Arab Emirates Emir Tele 1.75% 14-18.06.21 | 3,000,000 | EUR | 3,033,435 | 3,014,280 | 2.82 |
|  |  |  |  | 3,033,435 | 3,014,280 | 2.82 |
| XS0982713686 | USA 3M Co 1.875% 13-15.11.21 | 1,000,000 | EUR | 1,022,740 | 1,014,230 | 0.95 |
| XS1411535286 | Jnj 0.25% 16-20.01.22 | 1,000,000 | EUR | 1,005,370 | 1,005,080 | 0.94 |
| XS1170137746 | Met Life 0.875% 15-20.01.22 | 2,700,000 | EUR | 2,735,605 | 2,727,891 | 2.55 |
| XS1110874820 | Met Life 1.25% 14-17.09.21 | 500,000 | EUR | 507,800 | 503,850 | 0.47 |
| XS1001749107 | Microsoft 2.125% 13-06.12.21 | 350,000 | EUR | 356,825 | 353,815 | 0.33 |
| XS0989148209 | P&G 2% 13-05.11.21 | 500,000 | EUR | 511,635 | 507,220 | 0.47 |


## Investment portfolio (cont.) as at 31 March 2021

#### (information in EUR)
Quantity /
Currency	Cost price	Fair value	% of net
| ISIN Number | Name | face value |  |  |  | assets |
| --- | --- | --- | --- | --- | --- | --- |
| XS1061697568 | Pepsico 1.75% 14-28.04.21 | 500,000 | EUR | 505,590 | 500,640 | 0.47 |
| XS1107890763 | Toyota 1% 14-10.09.21 | 1,000,000 | EUR | 1,012,160 | 1,006,200 | 0.94 |
|  |  |  |  | 7,657,725 | 7,618,926 | 7.12 |
| XS1072571364 | Venezuela Corp Andina 1.875% 14-29.05.21 | 500,000 | EUR | 505,885 | 501,635 | 0.47 |
|  |  |  |  | 505,885 | 501,635 | 0.47 |
| Total - Bonds |  |  |  | 80,897,027 | 80,230,311 | 75.03 |
| Total - Officially and other regulated markets listed securities and money |
| market instruments	80,897,027 | 80,230,311 | 75.03 |

Investment funds
Ireland
State Street Eur Liquidity Lvnav Fund I
| IE00B1XG4871 | Accumulating | 4,369 | EUR | 3,229,681 | 4,318,033 | 4.04 |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  | 3,229,681 | 4,318,033 | 4.04 |
| LU0619623951 | Luxembourg Amund Mm Sh Eur -Pv- Eur/Cap | 4,358 | EUR | 4,357,463 | 4,322,750 | 4.05 |
|  |  |  |  | 4,357,463 | 4,322,750 | 4.05 |
| Total - Investment funds | 7,587,144 | 8,640,783 | 8.09 |
| Financial Instruments |  |  |  |
| Treasury Bills |  |  |  |  |  |  |
| FR0126001785 | France France O.A. 0% 20-21.04.21 Btf | 500,000 | EUR | 501,076 | 500,135 | 0.47 |
|  |  |  |  | 501,076 | 500,135 | 0.47 |
| DE0001030211 | Germany Bundesobl-1 0% 20-05.05.21 Tb | 1,250,000 | EUR | 1,253,610 | 1,250,662 | 1.17 |
| DE0001030203 | Bundesobl-1 0% 20-14.04.21 Tb | 1,000,000 | EUR | 1,002,459 | 1,000,150 | 0.94 |
| DE0001030229 | Germany 0% 20-09.06.21 Tb | 3,100,000 | EUR | 3,111,253 | 3,103,689 | 2.90 |
|  |  |  |  | 5,367,322 | 5,354,501 | 5.01 |
| NL0015031527 | Netherlands Dutch 0% 20-28.05.21 Tb | 2,900,000 | EUR | 2,909,858 | 2,902,610 | 2.71 |
| NL0015285826 | Dutch 0% 20-29.06.21 Tb | 500,000 | EUR | 501,955 | 500,740 | 0.47 |
| NL0014858250 | Dutch 0% 20-29.4.21 Tb | 500,000 | EUR | 501,377 | 500,200 | 0.47 |
|  |  |  |  | 3,913,190 | 3,903,550 | 3.65 |
| Total - Treasury Bills | 9,781,588 | 9,758,186 | 9.13 |
| Total - Financial Instruments | 9,781,588 | 9,758,186 | 9.13 |
| TOTAL INVESTMENT PORTFOLIO | 98,265,759 | 98,629,280 | 92.25 |


## Geographic and economic composition of investment portfolio as at 31 March 2021

#### (information in percentage of net assets)
| Geographic composition | % |
| --- | --- |
| France | 20.85 |
| Netherlands | 10.85 |
| Germany | 10.66 |
| Great Britain | 9.07 |
| USA | 7.12 |
| Luxembourg | 5.68 |
| Japan | 5.65 |
| Ireland | 4.04 |
| United Arab Emirates | 2.82 |
| Australia | 2.44 |
| Austria | 2.38 |
| China | 2.11 |
| Norway | 1.94 |
| Cayman Islands | 1.89 |
| Czech Republic | 1.87 |
| Poland | 0.94 |
| Finland | 0.94 |
| Sweden | 0.53 |
| Venezuela | 0.47 |
|  | 92.25 |

| Economic composition | % |
| --- | --- |
| Banks and financial institutions | 29.55 |
| Holding and finance companies | 18.61 |
| States, provinces and municipalities | 18.09 |
| Investment funds | 8.08 |
| News transmission | 6.12 |
| Transport | 4.30 |
| Pharmaceuticals and cosmetics | 3.39 |
| Consumer goods | 2.36 |
| Other services | 0.48 |
| Supranational | 0.47 |
| Food and distilleries | 0.47 |
| Internet Software | 0.33 |
|  | 92.25 |

*See Note 14

## Investment portfolio as at 31 March 2021

#### (information in USD)
ISIN Number	Name
Quantity / face value
Currency	Cost price	Fair value	% of net
assets
Officially and other regulated markets listed securities and money market instruments
| Bonds |  |
| --- | --- |
| US05252BDC00 | Australia Anz Bk Frn 18-17.05.21 | 2,250,000 | USD | 2,257,672 | 2,251,193 | 0.83 |
| XS1213810796 | Cw Bk Austr 1.80% 15-22.04.21 | 1,073,000 | USD | 1,075,361 | 1,071,841 | 0.39 |
| US63253XAK54 | Nat Aus Bk 2.4% 16-07.12.21 Regs | 1,250,000 | USD | 1,269,988 | 1,267,825 | 0.47 |
| XS1859256924 | Toyota Au 2.66% 18-04.03.22 | 2,466,000 | USD | 2,521,485 | 2,515,421 | 0.92 |
| US961214CW13 | Westpac Bk Frn 16-13.05.21 | 1,000,000 | USD | 1,002,590 | 1,001,040 | 0.37 |
|  |  |  |  | 8,127,096 | 8,107,320 | 2.98 |
| XS1953804066 | Austria Oekb Frn 19-22.11.21 | 2,000,000 | USD | 2,000,324 | 1,999,940 | 0.74 |
|  |  |  |  | 2,000,324 | 1,999,940 | 0.74 |
| US89117FJB67 | Canada Tor Dom Bk 3.35% 18-22.10.21 144A | 3,000,000 | USD | 3,056,160 | 3,051,330 | 1.12 |
|  |  |  |  | 3,056,160 | 3,051,330 | 1.12 |
| XS1897257520 | Cayman Islands Cdbl Fundin Frn 18-15.11.21 Regs | 4,300,000 | USD | 4,312,367 | 4,301,376 | 1.58 |
| XS1485745704 | Qnb Fin 2.125% 16-07.09.21 | 2,200,000 | USD | 2,226,785 | 2,215,092 | 0.82 |
| XS1824431313 | Qnb Fin Frn 18-31.05.21 | 3,200,000 | USD | 3,206,200 | 3,205,056 | 1.18 |
| XS1985100509 | Qnb Fin Frn 19-02.05.22 | 4,500,000 | USD | 4,514,595 | 4,521,690 | 1.66 |
| USG8850LAB65 | Three Gor 2.3% 16-02.06.21 | 1,545,000 | USD | 1,558,133 | 1,547,982 | 0.57 |
|  |  |  |  | 15,818,080 | 15,791,196 | 5.81 |
| US05968AAA43 | Chile Bco Chile 3.875% 12-08.02.22 | 1,250,000 | USD | 1,288,738 | 1,283,888 | 0.47 |
|  |  |  |  | 1,288,738 | 1,283,888 | 0.47 |
| XS1837054581 | Denmark Kommkrdt 2.875% 18-15.11.21 | 2,200,000 | USD | 2,240,876 | 2,236,036 | 0.82 |
|  |  |  |  | 2,240,876 | 2,236,036 | 0.82 |
| US22532MAR34 | France Cr Agr 2.375% 16-01.07.21 | 1,000,000 | USD | 1,019,720 | 1,005,097 | 0.37 |
| US83368RAG74 | Socgen 2.5% 16-08.04.21 | 1,500,000 | USD | 1,523,385 | 1,500,480 | 0.55 |
| US83368TAA60 | Socgen 5.2% 11-15.04.21 | 1,200,000 | USD | 1,240,824 | 1,201,800 | 0.45 |
|  |  |  |  | 3,783,929 | 3,707,377 | 1.37 |
| XS1453477181 | Germany Ldkr B-W 1.375% 16-21.07.21 | 2,500,000 | USD | 2,522,500 | 2,508,700 | 0.92 |
|  |  |  |  | 2,522,500 | 2,508,700 | 0.92 |
| US00182FBD78 | Great Britain Anz Nz Frn 17-25.01.22 Regs | 2,000,000 | USD | 2,019,646 | 2,014,360 | 0.74 |
| XS1897342041 | Ind Bk Cn Frn 18-25.10.21 | 2,000,000 | USD | 2,002,960 | 2,002,200 | 0.74 |
|  |  |  |  | 4,022,606 | 4,016,560 | 1.48 |
| XS1405888576 | Greece Black Sea 4.875% 16-06.05.21 | 4,000,000 | USD | 4,106,676 | 4,014,432 | 1.48 |
| US09225GAB05 | Black Sea 4.875% 16-06.05.21 | 1,350,000 | USD | 1,391,850 | 1,354,871 | 0.50 |
|  |  |  |  | 5,498,526 | 5,369,303 | 1.98 |


## Investment portfolio (cont.) as at 31 March 2021

#### (information in USD)
Quantity /
Currency	Cost price	Fair value	% of net
| ISIN Number | Name | face value |  |  |  | assets |
| --- | --- | --- | --- | --- | --- | --- |
| USJ0423YBW33 | Japan Bk Of Tokyo 2.85% 14-08.09.21 | 1,700,000 | USD | 1,739,386 | 1,718,011 | 0.63 |
| US471048AY49 | Jbic 2% 16-04.11.21 | 2,000,000 | USD | 2,035,740 | 2,020,320 | 0.75 |
| US471048BR88 | Jbic 3.125% 18-20.07.21 | 1,300,000 | USD | 1,326,637 | 1,310,959 | 0.48 |
| US471068AH94 | Jfm 2.125% 16-13.04.21 | 2,000,000 | USD | 2,017,440 | 2,000,900 | 0.74 |
| XS1392936651 | Jfm 2.125% 16-13.04.21 | 1,800,000 | USD | 1,822,534 | 1,801,368 | 0.66 |
| US606822AQ75 | Mit Ufj Fin Frn 17-25.07.22 | 6,000,000 | USD | 6,053,711 | 6,042,900 | 2.23 |
| US60687YAN94 | Mizuho Fina Frn 17-11.09.22 | 3,500,000 | USD | 3,537,105 | 3,529,540 | 1.30 |
| XS1438319656 | Ntt Leasing 1.9% 16-21.07.21 | 2,200,000 | USD | 2,229,228 | 2,209,680 | 0.81 |
| US86562MAW01 | Sumibk Frn 18-17.01.23 | 1,000,000 | USD | 1,009,005 | 1,007,150 | 0.37 |
|  |  |  |  | 21,770,786 | 21,640,828 | 7.97 |
| US90351DAD93 | Jersey Ubs Grp Fdg 3% 16-15.04.21 | 1,500,000 | USD | 1,527,165 | 1,501,485 | 0.55 |
|  |  |  |  | 1,527,165 | 1,501,485 | 0.55 |
| XS1437622977 | Luxembourg Bank Of Chi 2.25% 16-12.07.21 | 500,000 | USD | 506,250 | 501,915 | 0.19 |
|  |  |  |  | 506,250 | 501,915 | 0.19 |
| XS0701035676 | Netherlands Mdc 5.5% 11-01.03.22 Regs | 2,000,000 | USD | 2,108,000 | 2,093,340 | 0.77 |
| XS1716989287 | Nwb 2.125% 17-15.11.21 | 1,700,000 | USD | 1,722,700 | 1,720,128 | 0.63 |
| XS1986866116 | Toyota Nl 2.764% 19-26.04.21 | 800,000 | USD | 809,264 | 801,168 | 0.30 |
|  |  |  |  | 4,639,964 | 4,614,636 | 1.70 |
| US00182EBA64 | New Zealand Anz Nz 2.125% 16-28.07.21 144A | 2,500,000 | USD | 2,539,775 | 2,515,200 | 0.93 |
| XS1483161631 | Asb Finance 2.125% 16-01.09.21 | 1,895,000 | USD | 1,925,244 | 1,908,189 | 0.70 |
|  |  |  |  | 4,465,019 | 4,423,389 | 1.63 |
| US25600WAF77 | Norway Dnb 2.5% 17-28.03.22 | 2,000,000 | USD | 2,046,050 | 2,043,340 | 0.75 |
|  |  |  |  | 2,046,050 | 2,043,340 | 0.75 |
| XS1405781698 | Qatar Qatar 2.375% 16-02.06.21 | 4,200,000 | USD | 4,257,640 | 4,215,582 | 1.55 |
|  |  |  |  | 4,257,640 | 4,215,582 | 1.55 |
| US09681MAG33 | Singapore Boc Aviat Frn 18-02.05.21 | 2,500,000 | USD | 2,494,525 | 2,499,425 | 0.92 |
| US23304SAB97 | Dbs Bk 3.3% 18-27.11.21 | 1,200,000 | USD | 1,225,490 | 1,222,692 | 0.45 |
| US23304RAB15 | Dbs Bk 3.30% 18-27.11.21 | 2,000,000 | USD | 2,063,620 | 2,037,680 | 0.75 |
| XS1822288939 | Ocbc Frn 18-17.05.21 | 3,000,000 | USD | 3,005,940 | 3,001,470 | 1.11 |
|  |  |  |  | 8,789,575 | 8,761,267 | 3.23 |
| US302154CL15 | South Korea Eibk Frn 17-25.01.22 | 1,500,000 | USD | 1,505,575 | 1,507,680 | 0.55 |
| US50066CAK53 | Korea Gas 1.875% 16-18.07.21 | 2,000,000 | USD | 2,025,720 | 2,008,240 | 0.74 |
| US50066RAC07 | Koroil 2% 16-24.10.21 | 500,000 | USD | 507,695 | 504,395 | 0.19 |
| US50066RAA41 | Koroil 2.125% 16-14.04.21 | 1,500,000 | USD | 1,511,100 | 1,500,990 | 0.55 |
|  |  |  |  | 5,550,090 | 5,521,305 | 2.03 |
| US65557CAS26 | Sweden Nordea 2.25% 16-27.05.21 144A | 1,849,000 | USD | 1,877,105 | 1,854,362 | 0.68 |


## Investment portfolio (cont.) as at 31 March 2021

#### (information in USD)
Quantity /
Currency	Cost price	Fair value	% of net
| ISIN Number | Name | face value |  |  |  | assets |
| --- | --- | --- | --- | --- | --- | --- |
| US65557DAS09 | Nordea Frn 16-27.05.21 | 2,500,000 | USD | 2,515,250 | 2,504,275 | 0.92 |
| XS1577360784 | Swedbank 2.8% 17-14.03.22 Regs | 2,000,000 | USD | 2,048,836 | 2,046,820 | 0.76 |
|  |  |  |  | 6,441,191 | 6,405,457 | 2.36 |
| XS1402929589 | United Arab Emirates Abu Dhabi 2.125% 16-03.05.21 | 1,000,000 | USD | 1,013,910 | 1,000,900 | 0.37 |
| XS1498408936 | Adcb 2.75% 16-05.10.21 | 2,900,000 | USD | 2,955,550 | 2,930,160 | 1.08 |
| XS1970468051 | Nbaduh Frn 19-16.04.22 | 6,300,000 | USD | 6,302,500 | 6,336,036 | 2.33 |
|  |  |  |  | 10,271,960 | 10,267,096 | 3.78 |
| USU09513GL78 | USA Bmw Us Cap 2% 16-11.04.21 | 600,000 | USD | 600,780 | 600,138 | 0.22 |
| US05565EBD67 | Bmw Us Cap Frn 18-13.08.21 | 800,000 | USD | 782,304 | 801,000 | 0.29 |
| US17275RBJ05 | Cisco Sys 1.85% 16-20.09.21 | 500,000 | USD | 506,490 | 503,105 | 0.19 |
| US45580KAG31 | Indu & Com 2.452% 16-20.10.21 | 3,800,000 | USD | 3,856,333 | 3,833,174 | 1.41 |
| XS1892115111 | Int-Americ Frn 18-12.10.21 | 1,500,000 | USD | 1,500,926 | 1,500,465 | 0.55 |
| US458140AJ91 | Intel Corp 3.3% 11-1.10.21 | 500,000 | USD | 513,210 | 507,465 | 0.19 |
| US6325C1CR85 | Nab Ny Frn 17-22.05.22 | 1,300,000 | USD | 1,310,748 | 1,309,347 | 0.48 |
| XS1445566158 | Nestle 1.375% 16-13.07.21 | 2,000,000 | USD | 2,020,680 | 2,006,120 | 0.74 |
| USU74078CB75 | Nestle 3.1% 18-24.09.21 | 400,000 | USD | 409,516 | 404,408 | 0.15 |
| US21688AAP75 | Rabobk Ny Frn 18-26.04.21 | 1,000,000 | USD | 1,000,080 | 1,000,320 | 0.37 |
| US89236TCZ66 | Toyota 1.9% 16-08.04.21 | 1,232,000 | USD | 1,240,316 | 1,231,975 | 0.45 |
| US89236TBJ34 | Toyota 2.75% 14-17.05.21 | 1,000,000 | USD | 1,019,670 | 1,002,850 | 0.37 |
|  |  |  |  | 14,761,053 | 14,700,367 | 5.41 |
| US219868BX31 | Venezuela Corp Andina 2.125% 16-27.09.21 | 5,007,000 | USD | 5,080,339 | 5,046,505 | 1.86 |
| US219868CB02 | Corp Andina 3.25% 19-11.02.22 | 3,500,000 | USD | 3,594,850 | 3,578,750 | 1.32 |
|  |  |  |  | 8,675,189 | 8,625,255 | 3.18 |
| XS1460660035 | Virgin Islands Cdbi Treas 2.25% 16-02.08.21 | 3,200,000 | USD | 3,225,757 | 3,209,152 | 1.18 |
| USG8200TAG51 | Sinopec Grp 2% 16-29.09.21 | 1,483,000 | USD | 1,496,006 | 1,491,409 | 0.55 |
| USG8200TAB64 | Sinopec Grp 2.75% 16-03.05.21 | 2,500,000 | USD | 2,531,750 | 2,503,700 | 0.92 |
|  |  |  |  | 7,253,513 | 7,204,261 | 2.65 |
| Total - Bonds |  |  |  | 149,314,280 | 148,497,833 | 54.67 |

Certificate of Deposit
Singapore
| XS2241099469 | Kdb Spore 0% 20-07.10.21 Cd | 7,000,000 | USD | 6,969,024 | 6,992,471 | 2.57 |
| --- | --- | --- | --- | --- | --- | --- |
| XS2252508044 | Korea Devel 0% 20-04.11.21 Cd | 4,000,000 | USD | 3,987,247 | 3,994,751 | 1.47 |
|  |  |  |  | 10,956,271 | 10,987,222 | 4.04 |
| US65558THJ79 | USA Nordea Bank Frn 19-05.05.21 Cd | 1,000,000 | USD | 960,900 | 1,000,296 | 0.37 |
|  |  |  |  | 960,900 | 1,000,296 | 0.37 |
| Total - Certificate of Deposit | 11,917,171 | 11,987,518 | 4.41 |


## Investment portfolio (cont.) as at 31 March 2021

#### (information in USD)
ISIN Number	Name
Quantity / face value
Currency	Cost price	Fair value	% of net
assets
Commercial Paper
Australia
| XS2275609910 | Agri Bk Chn 0% 20-17.06.21 Cp | 4,000,000 | USD | 3,988,004 | 3,998,103 | 1.47 |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  | 3,988,004 | 3,998,103 | 1.47 |
| XS2263755204 | China New Dev Ban 0% 20-20.05.21 Cp | 12,000,000 | USD | 11,990,424 | 11,990,424 | 4.42 |
|  |  |  |  | 11,990,424 | 11,990,424 | 4.42 |
| XS2312140622 | France Cedb 0% 21-30.12.21 Cp | 5,000,000 | USD | 4,992,201 | 4,994,108 | 1.84 |
|  |  |  |  | 4,992,201 | 4,994,108 | 1.84 |
| XS2303846575 | Germany Nrw Bk 0% 21-16.06.21 Cp | 10,000,000 | USD | 9,996,335 | 9,997,305 | 3.68 |
|  |  |  |  | 9,996,335 | 9,997,305 | 3.68 |
| XS2229413690 | Spain Santander 0% 20-08.09.21 Cp | 10,000,000 | USD | 9,946,697 | 9,990,796 | 3.68 |
|  |  |  |  | 9,946,697 | 9,990,796 | 3.68 |
| XS2207857850 | Switzerland Eurofima 0% 20-20.04.21 Cp | 5,600,000 | USD | 5,586,493 | 5,597,928 | 2.06 |
|  |  |  |  | 5,586,493 | 5,597,928 | 2.06 |
| Total - Commercial Paper | 46,500,154 | 46,568,664 | 17.15 |
| Total - Officially and other regulated markets listed securities and money |  |  |  |
| market instruments | 207,731,605 | 207,054,015 | 76.23 |
| Investment funds |  |  |  |
| LU0128497707 | Luxembourg Pictet-Stmm Usd -I- Cap | 68,756 | USD | 9,889,226 | 10,049,137 | 3.70 |
| LU0619623795 | Amund Mm Sh Usd -Pv- Usd/Cap | 5,564 | USD | 5,935,370 | 5,975,227 | 2.20 |
|  |  |  |  | 15,824,596 | 16,024,364 | 5.90 |
| IE00B1XG4657 | Ireland Ssga Usd Liquid -I- Usd/Cap | 518,531 | USD | 5,730,727 | 5,870,606 | 2.17 |
|  |  |  |  | 5,730,727 | 5,870,606 | 2.17 |
| Total - Investment funds | 21,555,323 | 21,894,970 | 8.07 |
| Financial Instruments |  |  |  |
| Treasury Bills |  |  |  |  |  |  |
| US9127964P13 | USA USA 0% 20-01.04.21 TB | 1,500,000 | USD | 1,499,779 | 1,500,000 | 0.55 |
| US9127964X47 | USA 0% 20-08.04.21 TB | 3,600,000 | USD | 3,599,086 | 3,600,000 | 1.33 |
| US912796B245 | USA 0% 20-10.06.21 TB | 3,500,000 | USD | 3,499,688 | 3,499,936 | 1.29 |
| US9127964Y20 | USA 0% 20-15.04.21 TB | 3,000,000 | USD | 2,999,193 | 3,000,002 | 1.11 |


## Investment portfolio (cont.) as at 31 March 2021

#### (information in USD)
Quantity /
Currency	Cost price	Fair value	% of net
| ISIN Number | Name | face value |  |  |  | assets |
| --- | --- | --- | --- | --- | --- | --- |
| US9127962Q14 | USA 0% 20-22.04.21 TB | 4,000,000 | USD | 3,998,753 | 3,999,988 | 1.47 |
| US912796B328 | USA 0% 20-24.06.21 TB | 3,000,000 | USD | 2,999,797 | 2,999,942 | 1.10 |
|  |  |  |  | 18,596,296 | 18,599,868 | 6.85 |
| Total - Treasury Bills | 18,596,296 | 18,599,868 | 6.85 |
| Total - Financial Instruments | 18,596,296 | 18,599,868 | 6.85 |
| TOTAL INVESTMENT PORTFOLIO | 247,883,224 | 247,548,853 | 91.15 |


## Geographic and economic composition of investment portfolio as at 31 March 2021

#### (information in percentage of net assets)
| Geographic composition | % |
| --- | --- |
| USA | 12.64 |
| Japan | 7.97 |
| Singapore | 7.27 |
| Luxembourg | 6.09 |
| Cayman Islands | 5.81 |
| Germany | 4.60 |
| Australia | 4.46 |
| China | 4.42 |
| United Arab Emirates | 3.78 |
| Spain | 3.68 |
| France | 3.20 |
| Venezuela | 3.18 |
| Virgin Islands | 2.65 |
| Sweden | 2.36 |
| Ireland | 2.16 |
| Switzerland | 2.06 |
| South Korea | 2.03 |
| Greece | 1.98 |
| Netherlands | 1.70 |
| New Zealand | 1.63 |
| Qatar | 1.55 |
| Great Britain | 1.48 |
| Canada | 1.12 |
| Denmark | 0.82 |
| Norway | 0.75 |
| Austria | 0.74 |
| Jersey | 0.55 |
| Chile | 0.47 |
|  | 91.15 |

| Economic composition | % |
| --- | --- |
| Banks and financial institutions | 39.75 |
| Holding and finance companies | 18.14 |
| States, provinces and municipalities | 12.12 |
| Supranational | 9.60 |
| Investment funds | 8.06 |
| Crude oil | 2.21 |
| Food and distilleries | 0.89 |
| Electronic semiconductor | 0.19 |
| Office equipment and computers | 0.19 |
|  | 91.15 |

*See Note 14

Translation (ENDE, 2021-03-31):
# Swisscanto (LU) Money Market Fund
## Inhaltsverzeichnis

##### Seite
* Siehe Erläuterung 14