# Contents
Kapital Plus
Fund Assets in %
75 67.2 67.8
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 |
| --- |
|  |  | 30/06/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 |
| Net assets in EUR m |  |  |  |  |  |
| - Unit class A (EUR) | WKN : 847 625/ISIN : DE0008476250 | 3,614.8 | 3,221.4 | 3,088.5 | 2,984.1 |
| - Unit class I (EUR) | WKN : 979 761/ISIN : DE0009797613 | 79.7 | 70.9 | 65.6 | 30.5 |
| - Unit class Multi Asset 30 CT (EUR)  1) | WKN : A2D U1Y/ISIN : DE000A2DU1Y2 | 40.8 | 19.8 | 971.61  2) | -- |
| - Unit class P (EUR) | WKN : A14 N9U/ISIN : DE000A14N9U7 | 8.4 | 7.9 | 7.0 | 5.8 |
| - Unit class P2 (EUR) | WKN : 979 758/ISIN : DE0009797589 | 30.2 | 18.1 | 20.3 | 19.8 |
| - Unit class R (EUR) | WKN : A2D U1L/ISIN : DE000A2DU1L9 | 8.3 | 9.1 | 6.9 | 9.4 |
| Unit value in EUR |  |  |  |  |  |
| - Unit class A (EUR) | WKN : 847 625/ISIN : DE0008476250 | 72.33 | 69.37 | 66.14 | 59.73 |
| - Unit class I (EUR) | WKN : 979 761/ISIN : DE0009797613 | 1,264.23 | 1,215.28 | 1,158.64 | 1,046.33 |
| - Unit class Multi Asset 30 CT (EUR)  1) | WKN : A2D U1Y/ISIN : DE000A2DU1Y2 | 109.33 | 104.99 | 100.07 | -- |
| - Unit class P (EUR) | WKN : A14 N9U/ISIN : DE000A14N9U7 | 1,178.96 | 1,133.32 | 1,080.48 | 975.74 |
| - Unit class P2 (EUR) | WKN : 979 758/ISIN : DE0009797589 | 1,307.75 | 1,257.95 | 1,199.29 | 1,083.03 |
| - Unit class R (EUR) | WKN : A2D U1L/ISIN : DE000A2DU1L9 | 114.34 | 109.89 | 104.76 | 94.62 |
| 1)  Launch date: 17/12/2019 2)  Not shown in EUR million due | to the fund’s low volume. |  |  |  |  |

Asset overview at 30/06/2021
| Breakdown by asset category – country | Market value in EUR | % of net assets  *) |
| --- | --- | --- |
| I. Assets |
| 1. Equities | 1,144,099,800.26 | 30.28 |
| Germany | 233,315,462.15 | 6.18 |
| France | 141,446,866.31 | 3.73 |
| The Netherlands | 128,475,228.50 | 3.41 |
| Ireland | 76,849,891.79 | 2.03 |
| Denmark | 208,384,053.78 | 5.52 |
| Spain | 11,296,007.38 | 0.30 |
| Sweden | 159,801,006.75 | 4.22 |
| Switzerland | 153,642,689.66 | 4.07 |
| UK | 30,888,593.94 | 0.82 |
| 2. Bonds | 2,565,965,707.20 | 67.81 |
| Germany | 379,729,066.94 | 10.04 |
| France | 480,959,050.51 | 12.70 |
| The Netherlands | 232,667,114.52 | 6.16 |
| Italy | 411,195,299.92 | 10.90 |
| Ireland | 38,341,757.25 | 1.01 |
| Denmark | 14,542,409.89 | 0.38 |
| Portugal | 59,664,560.00 | 1.58 |
| Spain | 285,162,906.92 | 7.54 |
| Belgium | 53,005,264.71 | 1.40 |
| Luxembourg | 24,682,347.02 | 0.65 |
| Iceland | 1,608,246.40 | 0.04 |
| Norway | 30,173,001.10 | 0.78 |
| Sweden | 33,827,163.50 | 0.89 |
| Finland | 25,046,211.61 | 0.66 |
| Austria | 66,000,629.02 | 1.74 |
| Switzerland | 7,460,044.00 | 0.20 |
| Latvia | 3,453,856.00 | 0.09 |
| Poland | 5,439,656.00 | 0.14 |
| UK | 50,735,179.29 | 1.34 |
| USA | 158,421,015.92 | 4.19 |
| Canada | 17,137,987.98 | 0.45 |
| Mexico | 4,686,639.75 | 0.12 |
| Japan | 14,466,571.00 | 0.39 |
| Australia | 39,766,960.71 | 1.05 |
| New Zealand | 12,884,867.01 | 0.33 |
| Others | 114,907,900.23 | 3.04 |
| 3. Other securities | 16,756,753.55 | 0.44 |
| Switzerland | 16,756,753.55 | 0.44 |
| 4. Bank deposits, money market instruments, money market funds and money market-related funds | 40,146,952.12 | 1.06 |
| 5. Other assets | 25,183,961.28 | 0.67 |
| II. Liabilities | -9,931,477.97 | -0.26 |
| III. Fund assets | 3,782,221,696.44 | 100.00 |
| *)  Minor rounding differences may be the result of percentage rounding during the |

| Breakdown by asset category – currency | Market value in EUR | % of net assets  *) |
| --- | --- | --- |
| I. Assets |
| 1. Equities | 1,144,099,800.26 | 30.28 |
| CHF | 153,642,689.66 | 4.07 |
| DKK | 208,384,053.78 | 5.52 |
| EUR | 569,748,603.34 | 15.08 |
| GBP | 52,523,446.73 | 1.39 |
| SEK | 159,801,006.75 | 4.22 |
| 2. Bonds | 2,565,965,707.20 | 67.81 |
| EUR | 2,565,965,707.20 | 67.81 |
| 3. Other securities | 16,756,753.55 | 0.44 |
| CHF | 16,756,753.55 | 0.44 |
| 4. Bank deposits, money market instruments, money market funds and money market-related funds | 40,146,952.12 | 1.06 |
| 5. Other assets | 25,183,961.28 | 0.67 |
| II. Liabilities | -9,931,477.97 | -0.26 |
| III. Fund assets | 3,782,221,696.44 | 100.00 |

calculation.
| Investment portfolio at 30/06/2021 |
| --- |
| ISIN | Securities | Market | Shares/ | Balance | Purchases | Redemptions |  | Price | Market value | % of net |
|  |  |  | Units/ | 30/06/2021 |  |  |  |  | in EUR | assets |
|  |  |  | Currency |  | in the period under review |  |  |  |  |
| Exchange-traded securities |  |  |  |  |  |  |  | 3,648,129,291.62 | 96.45 |
| Equities |  |  |  |  |  |  |  |  | 1,144,099,800.26 | 30.28 |
| Germany |  |  |  |  |  |  |  |  | 233,315,462.15 | 6.18 |
| DE000A1EWWW0 | adidas AG Namens-Aktien |  | SHS | 145,671 | 11,989 | 8,585 | EUR | 314.400 | 45,798,962.40 | 1.21 |
| DE0006231004 | Infineon Technologies AG Namens-Aktien | SHS | 1,916,878 | 0 | 118,819 | EUR | 34.090 | 65,346,371.02 | 1.74 |
| DE000A0D9PT0 | MTU Aero Engines AG Namens-Aktien |  | SHS | 92,315 | 0 | 5,721 | EUR | 205.000 | 18,924,575.00 | 0.50 |
| DE0006452907 | Nemetschek SE Inhaber-Aktien |  | SHS | 130,635 | 28,616 | 6,323 | EUR | 64.940 | 8,483,436.90 | 0.22 |
| DE0007164600 | SAP SE Inhaber-Aktien |  | SHS | 389,969 | 0 | 57,660 | EUR | 119.320 | 46,531,101.08 | 1.23 |
| DE000ZAL1111 | Zalando SE Inhaber-Aktien |  | SHS | 473,085 | 0 | 29,324 | EUR | 101.950 | 48,231,015.75 | 1.28 |
| France |  |  |  |  |  |  |  |  | 141,446,866.31 | 3.73 |
| FR0000130650 | Dassault Systemes SE Actions Port. |  | SHS | 172,695 | 15,400 | 10,134 | EUR | 206.200 | 35,609,709.00 | 0.94 |
| FR0010307819 | Legrand S.A. Actions au Porteur |  | SHS | 223,159 | 10,598 | 13,440 | EUR | 88.540 | 19,758,497.86 | 0.52 |
| FR0000120321 | L’Oréal S.A. Actions Port. |  | SHS | 101,921 | 0 | 6,317 | EUR | 376.550 | 38,378,352.55 | 1.01 |
| FR0000121014 | LVMH Moët Henn. L. Vuitton SE Action Port.(C.R.) |  |  |  |  |  |  |  |  |  |
|  |  | SHS | 71,719 | 0 | 4,444 | EUR | 665.100 | 47,700,306.90 | 1.26 |
| The Netherlands |  |  |  |  |  |  |  |  | 128,475,228.50 | 3.41 |
| NL0012969182 | Adyen N.V. Aandelen op naam |  | SHS | 12,629 | 12,629 | 0 | EUR | 2,056.500 | 25,971,538.50 | 0.69 |
| NL0010273215 | ASML Holding N.V. Aandelen op naam |  | SHS | 175,972 | 0 | 10,907 | EUR | 582.500 | 102,503,690.00 | 2.72 |
| Ireland |  |  |  |  |  |  |  |  | 76,849,891.79 | 2.03 |
| IE0002424939 | DCC PLC Reg.Shares |  | SHS | 314,418 | 0 | 19,488 | GBP | 59.200 | 21,634,852.79 | 0.57 |
| IE0004906560 | Kerry Group PLC Reg.Shares A |  | SHS | 173,585 | 0 | 10,759 | EUR | 117.400 | 20,378,879.00 | 0.54 |
| IE0004927939 | Kingspan Group PLC Reg.Shares |  | SHS | 435,452 | 45,276 | 25,317 | EUR | 80.000 | 34,836,160.00 | 0.92 |
| Denmark |  |  |  |  |  |  |  |  | 208,384,053.78 | 5.52 |
| DK0060946788 | Ambu A/S Navne-Aktier B |  | SHS | 1,054,398 | 0 | 65,357 | DKK | 243.100 | 34,470,008.51 | 0.91 |
| DK0060227585 | Christian Hansen Holding AS Navne-Aktier | SHS | 96,590 | 0 | 5,986 | DKK | 568.400 | 7,383,088.83 | 0.20 |
| DK0060448595 | Coloplast AS Navne-Aktier B |  | SHS | 223,619 | 22,829 | 12,861 | DKK | 1,034.500 | 31,109,358.40 | 0.82 |
| DK0060079531 | DSV Panalpina A/S Indehaver Bonus-Aktier | SHS | 415,352 | 0 | 25,745 | DKK | 1,462.500 | 81,689,086.42 | 2.17 |
| DK0060534915 | Novo-Nordisk AS Navne-Aktier B |  | SHS | 760,059 | 0 | 47,112 | DKK | 525.700 | 53,732,511.62 | 1.42 |
| Spain |  |  |  |  |  |  |  |  | 11,296,007.38 | 0.30 |
| ES0148396007 | Industria de Diseño Textil SA Acciones Port. | SHS | 382,397 | 0 | 53,453 | EUR | 29.540 | 11,296,007.38 | 0.30 |
| Sweden |  |  |  |  |  |  |  |  | 159,801,006.75 | 4.22 |
| SE0007100581 | Assa-Abloy AB Namn-Aktier B |  | SHS | 1,391,036 | 0 | 86,224 | SEK | 259.000 | 35,584,801.62 | 0.94 |
| SE0011166610 | Atlas Copco AB Namn-Aktier A |  | SHS | 728,081 | 0 | 45,131 | SEK | 522.600 | 37,581,621.87 | 0.99 |
| SE0015658109 | Epiroc AB Namn-Aktier A |  | SHS | 1,258,562 | 1,258,562 | 0 | SEK | 196.400 | 24,414,200.88 | 0.65 |
| SE0015961909 | Hexagon AB Namn-Aktier B (fria) |  | SHS | 3,510,458 | 3,510,458 | 0 | SEK | 125.900 | 43,653,184.08 | 1.15 |
| SE0007074281 | Hexpol AB Namn-Aktier B |  | SHS | 907,411 | 0 | 56,246 | SEK | 104.900 | 9,401,690.35 | 0.25 |
| SE0000114837 | Trelleborg AB Namn-Aktier B (fria) |  | SHS | 471,885 | 0 | 119,570 | SEK | 196.650 | 9,165,507.95 | 0.24 |
| Switzerland |  |  |  |  |  |  |  |  | 153,642,689.66 | 4.07 |
| CH0013841017 | Lonza Group AG Namens-Aktien |  | SHS | 36,763 | 0 | 2,278 | CHF | 654.800 | 21,939,858.18 | 0.58 |
| CH0024608827 | Partners Group Holding AG Namens-Aktien | SHS | 36,698 | 0 | 2,274 | CHF | 1,403.500 | 46,942,802.59 | 1.24 |
| CH0418792922 | Sika AG Namens-Aktien |  | SHS | 210,805 | 0 | 13,066 | CHF | 305.500 | 58,695,704.98 | 1.56 |
| CH0012453913 | Temenos AG Nam.-Aktien |  | SHS | 96,418 | 0 | 5,976 | CHF | 149.900 | 13,172,674.26 | 0.35 |
| CH0311864901 | VAT Group AG Namens-Aktien |  | SHS | 46,074 | 0 | 7,465 | CHF | 307.000 | 12,891,649.65 | 0.34 |
| UK |  |  |  |  |  |  |  |  | 30,888,593.94 | 0.82 |
| GB00BWFGQN14 | Spirax-Sarco Engineering PLC Reg.Shares | SHS | 83,315 | 9,160 | 4,595 | GBP | 137.000 | 13,266,873.95 | 0.35 |
| GB0007669376 | St. James’s Place PLC Reg.Shares |  | SHS | 1,030,649 | 0 | 63,885 | GBP | 14.710 | 17,621,719.99 | 0.47 |
| Interest-bearing securities |  |  |  |  |  |  |  | 2,487,272,737.81 | 65.73 |
| EUR bonds |  |  |  |  |  |  |  |  | 2,487,272,737.81 | 65.73 |
| XS2076154801 | 0.1000 % Abbott Ireland Financing DAC Notes 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,400,000 | 0 | 0 | % | 100.823 | 2,419,742.16 | 0.06 |
| XS2076155105 | 0.3750 % Abbott Ireland Financing DAC Notes 19/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,000,000 | 3,000,000 | 0 | % | 101.282 | 3,038,466.30 | 0.08 |
| XS2055646918 | 0.7500 % AbbVie Inc. Notes 19/27 |  | EUR | 3,050,000 | 0 | 0 | % | 102.748 | 3,133,809.12 | 0.08 |
| XS1344751968 | 0.8750 % ABN AMRO Bank N.V. Cov. MTN 16/26 | EUR | 10,000,000 | 0 | 0 | % | 105.408 | 10,540,845.00 | 0.28 |
| XS1548458014 | 1.1250 % ABN AMRO Bank N.V. Cov. MTN 17/32 | EUR | 4,000,000 | 0 | 0 | % | 110.123 | 4,404,932.00 | 0.12 |
| XS2102283061 | 0.6000 % ABN AMRO Bank N.V. Non-Pref. MTN 20/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,200,000 | 0 | 0 | % | 101.500 | 2,232,992.52 | 0.06 |
| XS1917577931 | 0.2500 % ABN AMRO Bank N.V. Preferred MTN 18/21 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,100,000 | 0 | 0 | % | 100.329 | 4,113,484.49 | 0.11 |
| XS1935139995 | 0.8750 % ABN AMRO Bank N.V. Preferred MTN 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,400,000 | 0 | 0 | % | 102.939 | 2,470,547.52 | 0.07 |
| FR0014001LQ5 | 0.0000 % Agence France Locale MTN 21/31 | EUR | 1,700,000 | 1,700,000 | 0 | % | 97.289 | 1,653,905.52 | 0.04 |
| XS2317288301 | 0.3750 % Ahold Delhaize N.V., Konkinkl. Notes 21/30 Reg.S |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,200,000 | 2,200,000 | 0 | % | 99.164 | 2,181,602.06 | 0.06 |

| Investment portfolio at 30/06/2021 |
| --- |
| ISIN | Securities | Market | Shares/ | Balance | Purchases | Redemptions |  | Price | Market value | % of net |
|  |  |  | Units/ | 30/06/2021 |  |  |  |  | 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 | % | 102.186 | 4,445,076.65 | 0.12 |
| FR0013182847 | 1.2500 % Air Liquide Finance MTN 16/28 |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 108.804 | 5,440,175.00 | 0.14 |
| XS1391625289 | 1.1250 % Akzo Nobel N.V. MTN 16/26 |  | EUR | 2,650,000 | 0 | 0 | % | 105.930 | 2,807,150.57 | 0.07 |
| XS1550134602 | 0.7500 % American Honda Finance Corp. MTN S.A 17/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,600,000 | 0 | 0 | % | 102.281 | 2,659,298.98 | 0.07 |
| XS1369278251 | 1.2500 % Amgen Inc. Notes 16/22 |  | EUR | 2,000,000 | 0 | 0 | % | 100.684 | 2,013,672.40 | 0.05 |
| XS1935204641 | 0.5000 % ANZ New Zealand (Itl) (Ldn Br.) Mort.Cov. MTN 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,700,000 | 0 | 0 | % | 102.156 | 2,758,215.51 | 0.07 |
| XS2052998403 | 0.3750 % ANZ New Zealand (Itl) (Ldn Br.) MTN 19/29 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 100.800 | 5,039,984.50 | 0.13 |
| FR0012300812 | 1.8750 % APRR MTN 14/25 |  | EUR | 2,200,000 | 0 | 0 | % | 106.958 | 2,353,066.76 | 0.06 |
| FR0013220258 | 1.2500 % APRR MTN 16/27 |  | EUR | 2,400,000 | 0 | 0 | % | 106.885 | 2,565,249.12 | 0.07 |
| FR0013477486 | 0.0000 % APRR MTN 20/23 |  | EUR | 1,900,000 | 0 | 0 | % | 100.615 | 1,911,677.21 | 0.05 |
| FR0012452191 | 1.5000 % Arkema S.A. MTN 15/25 |  | EUR | 5,000,000 | 0 | 0 | % | 105.628 | 5,281,398.00 | 0.14 |
| XS1032529205 | 3.3750 % ASTM S.p.A. MTN 14/24 |  | EUR | 5,000,000 | 0 | 0 | % | 108.419 | 5,420,969.00 | 0.14 |
| XS1907120528 | 1.8000 % AT & T Inc. Notes 18/26 |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 107.681 | 5,384,043.00 | 0.14 |
| XS2051361264 | 0.2500 % AT & T Inc. Notes 19/26 |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 100.495 | 5,024,744.00 | 0.13 |
| XS0896144655 | 2.5000 % Atlas Copco AB MTN 13/23 |  | EUR | 5,000,000 | 0 | 0 | % | 104.647 | 5,232,359.50 | 0.14 |
| FR0010491720 | 5.6250 % Autoroutes du Sud de la France MTN 07/22 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,100,000 | 0 | 0 | % | 105.942 | 4,343,611.34 | 0.11 |
| FR0013169885 | 1.0000 % Autoroutes du Sud de la France MTN 16/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,800,000 | 0 | 0 | % | 104.950 | 1,889,096.04 | 0.05 |
| FR0013231099 | 1.2500 % Autoroutes du Sud de la France MTN 17/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,900,000 | 0 | 0 | % | 106.715 | 2,027,578.54 | 0.05 |
| XS2101349723 | 0.5000 % Banco Bilbao Vizcaya Argent. Non-Pref. MTN 20/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 100.603 | 5,030,161.50 | 0.13 |
| XS2079713322 | 0.3750 % Banco Bilbao Vizcaya Argent. Preferred MTN 19/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 101.319 | 5,065,973.00 | 0.13 |
| XS1731105612 | 0.8750 % Banco de Sabadell S.A. MTN 17/23 | EUR | 5,000,000 | 5,000,000 | 0 | % | 101.524 | 5,076,219.00 | 0.13 |
| XS2298304499 | 0.2000 % Banco Santander S.A. Pref. MTN 21/28 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 99.138 | 4,956,908.00 | 0.13 |
| XS1107731702 | 1.3750 % Bank of America Corp. MTN 14/21 | EUR | 3,800,000 | 0 | 0 | % | 100.362 | 3,813,754.10 | 0.10 |
| XS1079726334 | 2.3750 % Bank of America Corp. MTN 14/24 | EUR | 8,800,000 | 0 | 0 | % | 107.342 | 9,446,058.16 | 0.25 |
| ES0313679K13 | 0.8750 % Bankinter S.A. Preferred Bonos 19/24 | EUR | 5,000,000 | 5,000,000 | 0 | % | 102.605 | 5,130,262.50 | 0.14 |
| XS1369268534 | 0.3750 % BAWAG P.S.K. MT Bonds 16/22 |  | EUR | 4,200,000 | 0 | 0 | % | 100.593 | 4,224,907.26 | 0.11 |
| XS1998215393 | 0.4000 % Baxter International Inc. Notes 19/24 | EUR | 5,000,000 | 5,000,000 | 0 | % | 101.586 | 5,079,298.50 | 0.13 |
| XS2002532724 | 1.2080 % Becton Dickinson Euro Fin.Sarl Notes 19/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 104.672 | 5,233,596.00 | 0.14 |
| DE000BHY0BC4 | 0.2500 % Berlin Hyp AG Hyp.-Pfe. S.196 16/23 | EUR | 5,400,000 | 0 | 0 | % | 101.249 | 5,467,434.12 | 0.14 |
| XS1400165350 | 1.1250 % Bertelsmann SE & Co. KGaA MTN Anl. 16/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,200,000 | 0 | 0 | % | 105.607 | 2,323,351.14 | 0.06 |
| XS1948612905 | 0.6250 % BMW Finance N.V. MTN 19/23 |  | EUR | 2,250,000 | 0 | 0 | % | 102.036 | 2,295,810.00 | 0.06 |
| XS2055727916 | 0.0000 % BMW Finance N.V. MTN 19/23 |  | EUR | 2,550,000 | 0 | 0 | % | 100.565 | 2,564,397.30 | 0.07 |
| XS1368698251 | 0.2500 % BNG Bank N.V. MTN 16/23 |  | EUR | 6,000,000 | 0 | 0 | % | 101.272 | 6,076,336.80 | 0.16 |
| XS1342516629 | 1.0000 % BNG Bank N.V. MTN 16/26 |  | EUR | 10,000,000 | 0 | 0 | % | 106.022 | 10,602,215.00 | 0.28 |
| BE0002586643 | 0.8750 % BNP Paribas Fortis S.A. MT Mortg.Cov. Bds 18/28 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,900,000 | 0 | 0 | % | 106.640 | 6,291,741.71 | 0.17 |
| FR0013106622 | 0.2500 % BNP Paribas Home Loan SFH MT Obl.Fin.Hab. 16/21 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 6,000,000 | 0 | 0 | % | 100.145 | 6,008,673.60 | 0.16 |
| FR0013476611 | 1.1250 % BNP Paribas S.A. FLR MTN 20/32 | EUR | 2,900,000 | 0 | 0 | % | 100.823 | 2,923,878.02 | 0.08 |
| FR0013484458 | 0.5000 % BNP Paribas S.A. FLR Non-Pref. MTN 20/28 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,200,000 | 0 | 0 | % | 100.049 | 3,201,576.00 | 0.08 |
| XS0847433561 | 2.8750 % BNP Paribas S.A. MTN 12/22 |  | EUR | 3,000,000 | 0 | 0 | % | 104.400 | 3,132,005.40 | 0.08 |
| XS1527753187 | 0.5000 % BNP Paribas S.A. MTN 16/22 |  | EUR | 2,850,000 | 0 | 0 | % | 100.921 | 2,876,259.05 | 0.08 |
| XS1345331299 | 1.1250 % BNP Paribas S.A. MTN 16/23 |  | EUR | 5,000,000 | 0 | 0 | % | 102.304 | 5,115,181.50 | 0.14 |
| XS2012047127 | 0.3750 % BNZ Inter. Fund. Ltd. (Ldn Br.) MTN 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 101.733 | 5,086,667.00 | 0.13 |
| XS2070192591 | 0.6250 % Boston Scientific Corp. Notes 19/27 | EUR | 1,250,000 | 0 | 0 | % | 101.402 | 1,267,523.50 | 0.03 |
| FR0013312501 | 1.6250 % BPCE S.A. Non-Pref. MTN 18/28 |  | EUR | 6,000,000 | 0 | 0 | % | 107.403 | 6,444,157.80 | 0.17 |
| FR0013455540 | 0.5000 % BPCE S.A. Non-Preferred MTN 19/27 | EUR | 5,000,000 | 5,000,000 | 0 | % | 100.716 | 5,035,823.00 | 0.13 |
| FR0013396447 | 1.0000 % BPCE S.A. Preferred MTN 19/24 |  | EUR | 2,600,000 | 0 | 0 | % | 103.609 | 2,693,827.76 | 0.07 |
| FR0013111903 | 0.3750 % BPCE SFH MT Obl.Fin.Hab. 16/23 | EUR | 3,600,000 | 0 | 0 | % | 101.420 | 3,651,121.44 | 0.10 |
| FR0013383346 | 0.7500 % BPCE SFH MT Obl.Fin.Hab. 18/26 | EUR | 4,800,000 | 0 | 0 | % | 105.276 | 5,053,257.12 | 0.13 |
| XS1385945131 | 2.3750 % Bque Fédérative du Cr. Mutuel MTN 16/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,300,000 | 0 | 0 | % | 108.981 | 4,686,186.87 | 0.12 |

| Investment portfolio at 30/06/2021 |
| --- |
| ISIN | Securities | Market | Shares/ | Balance | Purchases | Redemptions |  | Price | Market value | % of net |
|  |  |  | Units/ | 30/06/2021 |  |  |  |  | in EUR | assets |
|  |  |  | Currency |  | in the period under review |  |  |  |  |
| XS1548802914 | 0.3750 % Bque Fédérative du Cr. Mutuel MTN 17/22 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,900,000 | 0 | 0 | % | 100.475 | 2,913,765.72 | 0.08 |
| XS1824240136 | 2.5000 % Bque Fédérative du Cr. Mutuel MTN 18/28 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,000,000 | 0 | 0 | % | 111.722 | 3,351,650.70 | 0.09 |
| FR0013476553 | 0.7500 % Bque Fédérative du Cr. Mutuel Non-Pref. MTN 20/30 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,300,000 | 0 | 0 | % | 100.742 | 4,331,914.60 | 0.11 |
| FR0013386539 | 0.7500 % Bque Fédérative du Cr. Mutuel Preferred MTN 19/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,900,000 | 0 | 0 | % | 102.146 | 3,983,678.79 | 0.11 |
| DE0001102424 | 0.5000 % Bundesrep.Deutschland Anl. 17/27 | EUR | 10,750,000 | 0 | 0 | % | 106.236 | 11,420,370.00 | 0.30 |
| DE0001102465 | 0.2500 % Bundesrep.Deutschland Anl. 19/29 | EUR | 21,000,000 | 0 | 6,000,000 | % | 104.979 | 22,045,590.00 | 0.58 |
| DE0001102499 | 0.0000 % Bundesrep.Deutschland Anl. 20/30 | EUR | 68,500,000 | 10,000,000 | 38,500,000 | % | 102.779 | 70,403,608.15 | 1.87 |
| DE0001102531 | 0.0000 % Bundesrep.Deutschland Anl. 21/31 | EUR | 37,000,000 | 60,000,000 | 23,000,000 | % | 102.248 | 37,831,756.30 | 1.00 |
| FR0013534559 | 0.0000 % Cais. d’Amort.de la Dette Soc. MTN 20/30 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 0 | 0 | % | 98.538 | 4,926,886.00 | 0.13 |
| FR0013088424 | 0.5000 % Caisse Francaise d.Financ. Loc. MT Obl.Fonc. 16/22 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 0 | 0 | % | 100.807 | 5,040,373.50 | 0.13 |
| XS2102931594 | 0.3750 % Caixabank S.A. Preferred MTN 20/25 | EUR | 5,000,000 | 5,000,000 | 0 | % | 101.081 | 5,054,043.00 | 0.13 |
| XS1796257092 | 0.7500 % Canadian Imperial Bk of Comm. MTN 18/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,100,000 | 0 | 0 | % | 101.968 | 5,200,383.30 | 0.14 |
| XS1401331753 | 0.7500 % Carrefour S.A. MTN 16/24 |  | EUR | 750,000 | 0 | 0 | % | 102.344 | 767,579.93 | 0.02 |
| FR0013505260 | 2.6250 % Carrefour S.A. MTN 20/27 |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 114.866 | 5,743,308.00 | 0.15 |
| FR0013106630 | 1.0000 % Cie de Financement Foncier MT Obl. Fonc. 16/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 6,000,000 | 0 | 0 | % | 105.909 | 6,354,511.20 | 0.17 |
| FR0013413382 | 0.3750 % Cie de Financement Foncier MT Obl. Fonc. 19/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,300,000 | 0 | 0 | % | 103.253 | 3,407,335.14 | 0.09 |
| FR0013445129 | 0.0100 % Cie de Financement Foncier MT Obl. Fonc. 19/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 9,000,000 | 0 | 0 | % | 100.996 | 9,089,639.10 | 0.24 |
| XS1068874970 | 2.3750 % Citigroup Inc. MTN 14/24 |  | EUR | 3,800,000 | 0 | 0 | % | 107.183 | 4,072,962.74 | 0.11 |
| XS1107727007 | 2.1250 % Citigroup Inc. MTN 14/26 |  | EUR | 6,800,000 | 0 | 0 | % | 109.706 | 7,460,012.76 | 0.20 |
| XS1377682676 | 1.8750 % Coca Cola HBC Finance B.V. MTN 16/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,550,000 | 0 | 0 | % | 106.806 | 1,655,497.34 | 0.04 |
| XS2082345955 | 0.6250 % Coca Cola HBC Finance B.V. MTN 19/29 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,750,000 | 0 | 0 | % | 101.251 | 2,784,392.05 | 0.07 |
| DE000CZ45VB7 | 0.2500 % Commerzbank AG MTN IHS S.939 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 100.494 | 5,024,676.50 | 0.13 |
| XS1637093508 | 0.6250 % Compass Group Fin. Netherl. BV MTN 17/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,600,000 | 0 | 0 | % | 102.144 | 5,720,069.60 | 0.15 |
| ES0000101651 | 1.8260 % Comunidad Autónoma de Madrid Obl. 15/25 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 0 | 0 | % | 107.737 | 5,386,855.50 | 0.14 |
| XS2056430874 | 0.3750 % Continental AG MTN 19/25 |  | EUR | 3,500,000 | 0 | 0 | % | 101.057 | 3,536,984.85 | 0.09 |
| XS1180130939 | 1.3750 % Coöperatieve Rabobank U.A. MTN 15/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 7,000,000 | 0 | 0 | % | 107.821 | 7,547,459.50 | 0.20 |
| XS1956955980 | 0.6250 % Coöperatieve Rabobank U.A. Non-Preferred MTN 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,900,000 | 0 | 0 | % | 102.113 | 2,961,289.47 | 0.08 |
| XS1790990474 | 1.3750 % Credit Agricole S.A. (Ldn Br.) Non-Pref. MTN 18/25 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 104.714 | 5,235,693.00 | 0.14 |
| FR0013511227 | 0.8750 % Crédit Mutuel Arkéa MTN 20/27 | EUR | 5,000,000 | 5,000,000 | 0 | % | 103.824 | 5,191,202.00 | 0.14 |
| FR0013113453 | 0.3750 % Crédit Mutuel HomeLoan SFH SA MT Obl.Fin.Hab.16/22 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,800,000 | 0 | 0 | % | 101.074 | 4,851,542.88 | 0.13 |
| DE000A289XJ2 | 2.0000 % Daimler AG MTN 20/26 |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 109.956 | 5,497,803.00 | 0.15 |
| XS2078761785 | 1.3750 % Danske Bank AS FLR MTN 19/30 | EUR | 2,200,000 | 0 | 0 | % | 101.930 | 2,242,456.70 | 0.06 |
| XS2299135819 | 1.0000 % Danske Bank AS FLR MTN 21/31 | EUR | 2,150,000 | 2,150,000 | 0 | % | 100.090 | 2,151,927.69 | 0.06 |
| XS2046595836 | 0.5000 % Danske Bank AS FLR Non-Pref. MTN 19/25 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 101.039 | 5,051,925.50 | 0.13 |
| XS2082333787 | 0.3000 % DekaBank Dt.Girozentrale MTN Anl. Ausg.150 19/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,400,000 | 0 | 0 | % | 101.910 | 1,426,737.90 | 0.04 |
| XS0969368934 | 2.5000 % Deutsche Bahn Finance GmbH MTN 13/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,100,000 | 0 | 0 | % | 106.231 | 3,293,156.66 | 0.09 |
| DE000DL19VT2 | 0.7500 % Deutsche Bank AG FLR MTN 21/27 | EUR | 2,200,000 | 2,200,000 | 0 | % | 100.636 | 2,213,993.76 | 0.06 |
| DE000DL19TA6 | 1.5000 % Deutsche Bank AG MTN 17/22 |  | EUR | 5,000,000 | 0 | 0 | % | 101.011 | 5,050,553.50 | 0.13 |
| DE000DL19U23 | 1.6250 % Deutsche Bank AG MTN 20/27 |  | EUR | 2,500,000 | 0 | 0 | % | 105.161 | 2,629,013.50 | 0.07 |
| DE000DHY4614 | 0.2500 % Deutsche Hypothekenbank MTN Hyp.-Pfe. S.461 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 6,000,000 | 0 | 0 | % | 101.199 | 6,071,933.40 | 0.16 |
| XS0977496636 | 2.7500 % Deutsche Post AG MTN 13/23 |  | EUR | 5,000,000 | 0 | 0 | % | 107.045 | 5,352,266.50 | 0.14 |

| Investment portfolio at 30/06/2021 |
| --- |
| ISIN | Securities | Market | Shares/ | Balance | Purchases | Redemptions |  | Price | Market value | % of net |
|  |  |  | Units/ | 30/06/2021 |  |  |  |  | in EUR | assets |
|  |  |  | Currency |  | in the period under review |  |  |  |  |
| XS0525787874 | 4.2500 % Deutsche Telekom Intl Fin.B.V. MTN 10/22 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 0 | 0 | % | 104.830 | 5,241,477.00 | 0.14 |
| XS1382792197 | 0.6250 % Deutsche Telekom Intl Fin.B.V. MTN 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,100,000 | 0 | 0 | % | 101.620 | 3,150,205.43 | 0.08 |
| XS1348774644 | 0.7500 % Dexia Crédit Local S.A. MTN 16/23 | EUR | 4,850,000 | 0 | 0 | % | 101.980 | 4,946,015.94 | 0.13 |
| XS1637162592 | 1.2000 % DH Europe Finance S.a.r.l. Notes 17/27 | EUR | 6,250,000 | 0 | 0 | % | 105.305 | 6,581,571.25 | 0.17 |
| XS1396253236 | 0.2500 % DNB Boligkreditt A.S. Mortg. Cov. MTN 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,800,000 | 0 | 0 | % | 101.326 | 4,863,648.48 | 0.13 |
| XS1548410080 | 0.0500 % DNB Boligkreditt A.S. Mortg. Cov. MTN 17/22 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 0 | 0 | % | 100.303 | 5,015,144.50 | 0.13 |
| DE000A13SWC0 | 0.5000 % Dt. Pfandbriefbank AG MTN Hyp.-Pfe. R.15249 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,500,000 | 0 | 0 | % | 101.564 | 5,586,037.60 | 0.15 |
| XS1379591271 | 1.2500 % DVB Bank SE MTN IHS 16/21 |  | EUR | 3,000,000 | 0 | 0 | % | 100.353 | 3,010,582.80 | 0.08 |
| XS1555094066 | 1.0000 % DVB Bank SE MTN IHS 17/22 |  | EUR | 5,100,000 | 0 | 0 | % | 101.133 | 5,157,770.76 | 0.14 |
| DE000A161ZQ3 | 0.7500 % DZ HYP AG MTN Hyp.- Pfe. R.371 15/26 [WL] |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 0 | 0 | % | 104.923 | 5,246,156.50 | 0.14 |
| DE000A2GSP56 | 0.8750 % DZ HYP AG MTN Hyp.- Pfe. R.392 18/28 [WL] |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 9,400,000 | 0 | 0 | % | 106.843 | 10,043,285.24 | 0.27 |
| XS2069380488 | 0.0000 % E.ON SE MTN 19/22 |  | EUR | 3,150,000 | 0 | 0 | % | 100.440 | 3,163,844.25 | 0.08 |
| XS2103015009 | 0.0000 % E.ON SE MTN 20/23 |  | EUR | 3,400,000 | 0 | 0 | % | 100.592 | 3,420,112.70 | 0.09 |
| XS1255433754 | 2.6250 % Ecolab Inc. Notes 15/25 |  | EUR | 5,000,000 | 0 | 0 | % | 110.337 | 5,516,866.00 | 0.15 |
| XS1721051495 | 1.5000 % EDP Finance B.V. MTN 17/27 |  | EUR | 6,000,000 | 0 | 0 | % | 107.519 | 6,451,144.80 | 0.17 |
| FR0011225143 | 4.1250 % Electricité de France (E.D.F.) MTN 12/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 122.602 | 6,130,105.00 | 0.16 |
| XS1403388694 | 1.3750 % Enagás Financiaciones S.A.U. MTN 16/28 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,300,000 | 0 | 0 | % | 108.723 | 3,587,869.56 | 0.09 |
| XS2306986782 | 0.1250 % EnBW International Finance BV MTN 21/28 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,300,000 | 3,300,000 | 0 | % | 99.922 | 3,297,411.15 | 0.09 |
| XS1937665955 | 1.5000 % ENEL Finance Intl N.V. MTN 19/25 | EUR | 2,000,000 | 0 | 0 | % | 106.078 | 2,121,559.20 | 0.06 |
| FR0013455813 | 0.5000 % Engie S.A. MTN 19/30 |  | EUR | 4,900,000 | 0 | 0 | % | 100.557 | 4,927,270.95 | 0.13 |
| XS1023703090 | 3.6250 % ENI S.p.A. MTN 14/29 |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 124.666 | 6,233,319.50 | 0.16 |
| XS1412593185 | 0.7500 % ENI S.p.A. MTN 16/22 |  | EUR | 2,400,000 | 0 | 0 | % | 100.995 | 2,423,881.92 | 0.06 |
| XS1346557637 | 0.6250 % Erste Group Bank AG MT Hyp.-Pfe. 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,800,000 | 0 | 0 | % | 101.731 | 4,883,070.72 | 0.13 |
| AT0000A2GH08 | 0.8750 % Erste Group Bank AG Pref. MTN 20/27 | EUR | 5,000,000 | 5,000,000 | 0 | % | 104.352 | 5,217,581.00 | 0.14 |
| AT0000A2N837 | 0.2500 % Erste Group Bank AG Pref. MTN 21/31 | EUR | 3,600,000 | 3,600,000 | 0 | % | 98.358 | 3,540,871.44 | 0.09 |
| EU000A1G0DC6 | 0.5000 % Europ.Fin.Stab.Facility (EFSF) MTN 15/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 10,000,000 | 0 | 0 | % | 101.734 | 10,173,434.00 | 0.27 |
| EU000A1G0EA8 | 0.2000 % Europ.Fin.Stab.Facility (EFSF) MTN 18/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 20,000,000 | 0 | 0 | % | 101.786 | 20,357,206.00 | 0.54 |
| EU000A1G0ED2 | 0.8750 % Europ.Fin.Stab.Facility (EFSF) MTN 19/35 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 13,000,000 | 16,000,000 | 10,000,000 | % | 107.463 | 13,970,134.10 | 0.37 |
| EU000A284451 | 0.0000 % Europaeische Union MTN 20/25 |  | EUR | 800,000 | 0 | 0 | % | 101.886 | 815,090.48 | 0.02 |
| EU000A1U9944 | 0.5000 % Europäischer Stabilitäts. (ESM) MTN 16/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 20,000,000 | 0 | 0 | % | 104.017 | 20,803,434.00 | 0.55 |
| XS1280834992 | 0.5000 % European Investment Bank MTN 15/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 20,000,000 | 0 | 0 | % | 102.652 | 20,530,376.00 | 0.54 |
| XS1950839677 | 0.0500 % European Investment Bank MTN 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 15,300,000 | 0 | 0 | % | 101.709 | 15,561,515.25 | 0.41 |
| XS1938387237 | 0.6250 % European Investment Bank MTN 19/29 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 12,000,000 | 0 | 0 | % | 105.806 | 12,696,710.40 | 0.34 |
| XS1956028168 | 0.8750 % Fortum Oyj MTN 19/23 |  | EUR | 2,100,000 | 0 | 0 | % | 101.742 | 2,136,575.28 | 0.06 |
| DE000A1680J6 | 0.5000 % Freie Hansestadt Bremen Landessch. Ausg.201 15/22 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 6,000,000 | 0 | 0 | % | 101.330 | 6,079,781.40 | 0.16 |
| DE000A1680L2 | 0.3750 % Freie Hansestadt Bremen Landessch. Ausg.203 16/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 10,000,000 | 0 | 0 | % | 102.244 | 10,224,370.00 | 0.27 |
| DE000A1YCQK7 | 0.5000 % Freie u.Hansestadt Hamburg Landessch. Ausg.2 16/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 10,000,000 | 0 | 0 | % | 103.944 | 10,394,425.00 | 0.27 |
| XS1554373164 | 0.8750 % Fresenius Finance Ireland PLC MTN 17/22 1 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,800,000 | 0 | 0 | % | 100.434 | 3,816,502.64 | 0.10 |
| XS1936208419 | 2.8750 % Fresenius SE & Co. KGaA MTN 19/29 | EUR | 5,000,000 | 0 | 0 | % | 116.756 | 5,837,793.50 | 0.15 |
| XS1238902057 | 1.8750 % General Electric Co. Notes 15/27 | EUR | 5,000,000 | 5,000,000 | 0 | % | 107.901 | 5,395,035.50 | 0.14 |
| XS1612543121 | 1.5000 % General Electric Co. Notes 17/29 | EUR | 5,000,000 | 5,000,000 | 0 | % | 105.599 | 5,279,930.50 | 0.14 |
| XS1485748393 | 0.9550 % General Motors Financial Co. MTN 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 10,000,000 | 0 | 0 | % | 101.962 | 10,196,235.00 | 0.27 |

| Investment portfolio at 30/06/2021 |
| --- |
| ISIN | Securities | Market | Shares/ | Balance | Purchases | Redemptions |  | Price | Market value | % of net |
|  |  |  | Units/ | 30/06/2021 |  |  |  |  | in EUR | assets |
|  |  |  | Currency |  | in the period under review |  |  |  |  |
| XS2049548444 | 0.2000 % General Motors Financial Co. MTN 19/22 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,150,000 | 0 | 0 | % | 100.435 | 2,159,357.66 | 0.06 |
| XS1939356645 | 2.2000 % General Motors Financial Co. MTN 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,900,000 | 0 | 0 | % | 105.662 | 2,007,581.99 | 0.05 |
| XS2307768734 | 0.6000 % General Motors Financial Co. MTN 21/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,800,000 | 1,800,000 | 0 | % | 99.587 | 1,792,569.60 | 0.05 |
| XS1147605791 | 1.3750 % GlaxoSmithKline Cap. PLC MTN 14/24 | EUR | 5,000,000 | 0 | 0 | % | 105.422 | 5,271,080.50 | 0.14 |
| XS1529515584 | 1.5000 % HeidelbergCement AG MTN 16/25 | EUR | 1,300,000 | 0 | 0 | % | 105.082 | 1,366,070.68 | 0.04 |
| XS1330434389 | 1.5000 % Heineken N.V. MTN 15/24 |  | EUR | 3,000,000 | 0 | 0 | % | 105.312 | 3,159,358.20 | 0.08 |
| XS1401174633 | 1.0000 % Heineken N.V. MTN 16/26 |  | EUR | 4,850,000 | 0 | 0 | % | 104.837 | 5,084,579.95 | 0.13 |
| XS1527192485 | 1.3750 % Heineken N.V. MTN 16/27 |  | EUR | 1,300,000 | 0 | 0 | % | 107.100 | 1,392,294.28 | 0.04 |
| AT0000A2RY95 | 0.1250 % HYPO NOE LB f. Nied.u.Wien AG MT Mor.Cov.Nts 21/31 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 99.499 | 4,974,956.00 | 0.13 |
| XS1527758145 | 1.0000 % Iberdrola Finanzas S.A. MTN 16/24 | EUR | 1,900,000 | 0 | 0 | % | 103.114 | 1,959,157.26 | 0.05 |
| XS1398476793 | 1.1250 % Iberdrola International B.V. MTN 16/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,300,000 | 0 | 0 | % | 105.695 | 3,487,927.41 | 0.09 |
| XS1796079488 | 2.0000 % ING Groep N.V. FLR MTN 18/30 |  | EUR | 4,800,000 | 0 | 0 | % | 105.409 | 5,059,654.56 | 0.13 |
| XS2049154078 | 0.1000 % ING Groep N.V. FLR MTN 19/25 |  | EUR | 2,200,000 | 0 | 0 | % | 100.258 | 2,205,679.30 | 0.06 |
| XS2079079799 | 1.0000 % ING Groep N.V. FLR MTN 19/30 |  | EUR | 1,800,000 | 0 | 0 | % | 101.356 | 1,824,404.76 | 0.05 |
| XS2022424993 | 1.7500 % Intesa Sanpaolo S.p.A. Pref. MTN 19/29 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 107.072 | 5,353,589.50 | 0.14 |
| XS2231330965 | 0.3750 % John.Cont.Intl/Tyco F.+Sec.F. Notes 20/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 100.146 | 5,007,283.50 | 0.13 |
| XS2123320033 | 0.3890 % JPMorgan Chase & Co. FLR MTN 20/28 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,300,000 | 0 | 0 | % | 100.266 | 3,308,792.85 | 0.09 |
| XS1174469137 | 1.5000 % JPMorgan Chase & Co. MTN 15/25 | EUR | 5,000,000 | 0 | 0 | % | 105.486 | 5,274,319.50 | 0.14 |
| XS1402921412 | 1.5000 % JPMorgan Chase & Co. MTN 16/26 | EUR | 3,150,000 | 0 | 0 | % | 107.347 | 3,381,420.42 | 0.09 |
| FR0013165677 | 1.2500 % Kering S.A. MTN 16/26 |  | EUR | 2,000,000 | 0 | 0 | % | 106.209 | 2,124,180.40 | 0.06 |
| ES0000012H41 | 0.1000 % Koenigreich Spanien Bonos 21/31 | EUR | 14,000,000 | 14,000,000 | 0 | % | 96.681 | 13,535,358.20 | 0.36 |
| BE0000332412 | 2.6000 % Königreich Belgien Obl. Lin. S.72 14/24 | EUR | 10,000,000 | 0 | 0 | % | 109.685 | 10,968,500.00 | 0.29 |
| BE0000341504 | 0.8000 % Königreich Belgien Obl. Lin. S.81 17/27 | EUR | 28,000,000 | 0 | 0 | % | 106.908 | 29,934,240.00 | 0.79 |
| NL0014555419 | 0.0000 % Königreich Niederlande Anl. 20/30 | EUR | 30,000,000 | 0 | 5,000,000 | % | 101.392 | 30,417,600.00 | 0.80 |
| ES00000123X3 | 4.4000 % Königreich Spanien Bonos 13/23 | EUR | 58,500,000 | 0 | 0 | % | 111.487 | 65,219,895.00 | 1.73 |
| ES00000126Z1 | 1.6000 % Königreich Spanien Bonos 15/25 | EUR | 47,000,000 | 0 | 0 | % | 107.532 | 50,540,040.00 | 1.34 |
| ES0000012B39 | 1.4000 % Königreich Spanien Bonos 18/28 | EUR | 60,000,000 | 0 | 0 | % | 109.130 | 65,478,000.00 | 1.74 |
| ES00000128H5 | 1.3000 % Königreich Spanien Obligaciones 16/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 36,000,000 | 16,000,000 | 0 | % | 107.866 | 38,831,756.40 | 1.03 |
| DE000A11QTD2 | 0.6250 % Kreditanst.f.Wiederaufbau Anl. 15/25 | EUR | 40,000,000 | 0 | 0 | % | 103.917 | 41,566,916.00 | 1.10 |
| DE000A168Y22 | 0.3750 % Kreditanst.f.Wiederaufbau Anl. 16/23 | EUR | 15,000,000 | 0 | 0 | % | 101.680 | 15,251,986.50 | 0.40 |
| DE000A11QTF7 | 0.3750 % Kreditanst.f.Wiederaufbau MTN 15/30 | EUR | 20,000,000 | 0 | 0 | % | 103.827 | 20,765,394.00 | 0.55 |
| ES0343307015 | 0.5000 % Kutxabank S.A. Non- Preferred Bonos 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 101.472 | 5,073,599.00 | 0.13 |
| FR0013090578 | 0.5000 % La Banq. Postale Home Loan SFH MT Obl.FinHab 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,850,000 | 0 | 0 | % | 101.544 | 3,909,434.38 | 0.10 |
| FR0014001R34 | 0.7500 % La Banque Postale FLR MTN 21/32 | EUR | 2,100,000 | 2,100,000 | 0 | % | 98.272 | 2,063,717.25 | 0.05 |
| FR0013518024 | 0.5000 % La Banque Postale FLR Non-Pref. MTN 20/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 101.236 | 5,061,781.50 | 0.13 |
| DE000NRW0KB3 | 0.5000 % Land Nordrhein-Westfalen MT Landessch.R.1435 17/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 10,000,000 | 0 | 0 | % | 104.359 | 10,435,940.00 | 0.28 |
| DE000RLP0736 | 0.1250 % Land Rheinland- Pfalz Landessch. 16/22 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 6,000,000 | 0 | 0 | % | 101.117 | 6,067,034.40 | 0.16 |
| DE000RLP0728 | 0.7500 % Land Rheinland- Pfalz Landessch. 16/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 0 | 0 | % | 105.032 | 5,251,623.00 | 0.14 |
| XS2080581189 | 0.1250 % Lb.Hessen-Thüringen GZ MTN IHS S.H339 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,400,000 | 0 | 0 | % | 101.420 | 4,462,488.36 | 0.12 |
| DE000LB06G44 | 0.1250 % Ldsbk Baden-Württemb. MTN Pfe. S.760 16/22 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 0 | 0 | % | 100.452 | 5,022,587.00 | 0.13 |
| XS1397134609 | 1.0000 % Linde Finance B.V. MTN 16/28 |  | EUR | 5,150,000 | 0 | 0 | % | 106.419 | 5,480,558.42 | 0.14 |
| XS1518704900 | 0.2500 % Linde Finance B.V. MTN 17/22 |  | EUR | 3,150,000 | 0 | 0 | % | 100.370 | 3,161,643.66 | 0.08 |
| XS1795392502 | 0.6250 % Lloyds Bank PLC MT Cov. Bds 18/25 | EUR | 7,550,000 | 0 | 0 | % | 103.421 | 7,808,284.75 | 0.21 |
| XS2148623106 | 3.5000 % Lloyds Banking Group PLC FLR MTN 20/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 112.528 | 5,626,418.50 | 0.15 |
| FR0013405347 | 0.1250 % LVMH Moët Henn. L. Vuitton SE MTN 19/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,300,000 | 0 | 0 | % | 100.702 | 1,309,119.76 | 0.03 |

| Investment portfolio at 30/06/2021 |
| --- |
| ISIN | Securities | Market | Shares/ | Balance | Purchases | Redemptions |  | Price | Market value | % of net |
|  |  |  | Units/ | 30/06/2021 |  |  |  |  | in EUR | assets |
|  |  |  | Currency |  | in the period under review |  |  |  |  |
| FR0013482833 | 0.1250 % LVMH Moët Henn. L. Vuitton SE MTN 20/28 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,300,000 | 0 | 0 | % | 100.925 | 5,349,022.35 | 0.14 |
| XS2265371042 | 0.3500 % Macquarie Group Ltd. MTN 20/28 | EUR | 5,000,000 | 5,000,000 | 0 | % | 98.534 | 4,926,683.50 | 0.13 |
| XS2102916793 | 0.1250 % Merck Financial Services GmbH MTN 20/25 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,800,000 | 0 | 0 | % | 100.950 | 1,817,098.38 | 0.05 |
| XS2292263121 | 0.4970 % Morgan Stanley FLR MTN S.J 21/31 | EUR | 3,800,000 | 3,800,000 | 0 | % | 97.983 | 3,723,350.20 | 0.10 |
| XS1379171140 | 1.7500 % Morgan Stanley MTN 16/24 |  | EUR | 6,650,000 | 0 | 0 | % | 105.034 | 6,984,786.27 | 0.18 |
| DE000MHB64E1 | 0.3750 % Muenchener Hypothekenbank MTN IHS S.1927 21/29 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,600,000 | 4,600,000 | 0 | % | 99.725 | 4,587,347.24 | 0.12 |
| XS1548533329 | 0.6250 % Municipality Finance PLC MTN 17/26 | EUR | 6,000,000 | 0 | 0 | % | 104.933 | 6,295,999.80 | 0.17 |
| XS1396767854 | 1.2500 % Naturgy Finance B.V. MTN 16/26 | EUR | 1,000,000 | 0 | 0 | % | 105.314 | 1,053,135.00 | 0.03 |
| XS1551446880 | 1.3750 % Naturgy Finance B.V. MTN 17/27 | EUR | 3,800,000 | 0 | 0 | % | 106.484 | 4,046,375.28 | 0.11 |
| XS1575979148 | 2.0000 % NatWest Group PLC FLR MTN 17/23 | EUR | 5,000,000 | 5,000,000 | 0 | % | 101.494 | 5,074,717.50 | 0.13 |
| XS2150006646 | 2.7500 % NatWest Markets PLC MTN 20/25 | EUR | 5,000,000 | 5,000,000 | 0 | % | 110.191 | 5,509,544.50 | 0.15 |
| XS1409382030 | 1.0000 % Nederlandse Gasunie, N.V. MTN 16/26 | EUR | 2,700,000 | 0 | 0 | % | 104.880 | 2,831,759.46 | 0.07 |
| XS1346315382 | 0.5000 % Nederlandse Waterschapsbank NV MTN 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 10,000,000 | 0 | 0 | % | 101.632 | 10,163,208.00 | 0.27 |
| XS2023631489 | 0.8750 % NIBC Bank N.V. Preferred MTN 19/25 | EUR | 5,000,000 | 5,000,000 | 0 | % | 102.992 | 5,149,612.50 | 0.14 |
| XS1189263400 | 1.1250 % Nordea Bank Abp MTN 15/25 |  | EUR | 5,100,000 | 0 | 0 | % | 104.769 | 5,343,219.51 | 0.14 |
| XS1368470156 | 1.0000 % Nordea Bank Abp MTN 16/23 |  | EUR | 6,000,000 | 0 | 0 | % | 102.257 | 6,135,407.40 | 0.16 |
| XS1585010074 | 1.1250 % Novartis Finance S.A. Notes 17/27 | EUR | 5,000,000 | 0 | 0 | % | 106.582 | 5,329,109.50 | 0.14 |
| DK0009526998 | 0.7500 % Nykredit Realkredit A/S Non-Preferred MTN 20/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 101.922 | 5,096,100.00 | 0.13 |
| XS1956022716 | 0.3750 % OP Yrityspankki Oyj MTN 19/24 |  | EUR | 1,600,000 | 0 | 0 | % | 101.720 | 1,627,520.32 | 0.04 |
| XS1408317433 | 1.0000 % Orange S.A. MTN 16/25 |  | EUR | 5,600,000 | 0 | 0 | % | 104.083 | 5,828,623.36 | 0.15 |
| FR0013396496 | 0.5000 % Orange S.A. MTN 19/22 |  | EUR | 600,000 | 0 | 0 | % | 100.463 | 602,780.28 | 0.02 |
| FR0013534484 | 0.1250 % Orange S.A. MTN 20/29 |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 98.646 | 4,932,286.00 | 0.13 |
| FR0013456423 | 0.0000 % Pernod-Ricard S.A. Bonds 19/23 |  | EUR | 2,100,000 | 0 | 0 | % | 100.477 | 2,110,010.70 | 0.06 |
| XS2049582625 | 0.2500 % Prologis Euro Finance LLC Notes 19/27 | EUR | 2,000,000 | 0 | 0 | % | 100.096 | 2,001,926.00 | 0.05 |
| FR0013250693 | 1.6250 % RCI Banque S.A. MTN 17/25 |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 104.611 | 5,230,565.00 | 0.14 |
| XS1079698376 | 2.1250 % Red Eléctrica Financ. S.A.U. MTN 14/23 | EUR | 5,000,000 | 0 | 0 | % | 104.736 | 5,236,809.00 | 0.14 |
| XS1384281090 | 1.3750 % RELX Finance B.V. Notes 16/26 |  | EUR | 6,250,000 | 0 | 0 | % | 106.298 | 6,643,599.38 | 0.18 |
| XS1753814737 | 1.7500 % REN Finance B.V. MTN 18/28 |  | EUR | 3,000,000 | 0 | 0 | % | 108.663 | 3,259,876.20 | 0.09 |
| FR0011962398 | 1.7500 % Rep. Frankreich OAT 14/24 |  | EUR | 41,300,000 | 0 | 0 | % | 107.937 | 44,577,981.00 | 1.18 |
| FR0011883966 | 2.5000 % Rep. Frankreich OAT 14/30 |  | EUR | 25,000,000 | 0 | 5,000,000 | % | 122.509 | 30,627,247.50 | 0.81 |
| FR0013200813 | 0.2500 % Rep. Frankreich OAT 16/26 |  | EUR | 20,000,000 | 0 | 0 | % | 103.378 | 20,675,598.00 | 0.55 |
| FR0013250560 | 1.0000 % Rep. Frankreich OAT 16/27 |  | EUR | 20,000,000 | 0 | 0 | % | 107.789 | 21,557,800.00 | 0.57 |
| FR0013286192 | 0.7500 % Rep. Frankreich OAT 17/28 |  | EUR | 30,500,000 | 0 | 0 | % | 106.694 | 32,541,670.00 | 0.86 |
| FR0013407236 | 0.5000 % Rep. Frankreich OAT 18/29 |  | EUR | 55,000,000 | 0 | 0 | % | 104.749 | 57,611,944.50 | 1.53 |
| IE00B4S3JD47 | 3.9000 % Republik Irland Treasury Bonds 13/23 | EUR | 18,200,000 | 0 | 0 | % | 107.773 | 19,614,686.00 | 0.52 |
| XS2015295814 | 0.1000 % Republik Island MTN 19/24 |  | EUR | 1,600,000 | 0 | 0 | % | 100.515 | 1,608,246.40 | 0.04 |
| IT0004356843 | 4.7500 % Republik Italien B.T.P. 08/23 |  | EUR | 33,600,000 | 0 | 0 | % | 110.628 | 37,171,008.00 | 0.98 |
| IT0004848831 | 5.5000 % Republik Italien B.T.P. 12/22 |  | EUR | 54,600,000 | 20,000,000 | 0 | % | 107.878 | 58,901,388.00 | 1.57 |
| IT0004898034 | 4.5000 % Republik Italien B.T.P. 13/23 |  | EUR | 41,500,000 | 0 | 0 | % | 108.965 | 45,220,475.00 | 1.20 |
| IT0005090318 | 1.5000 % Republik Italien B.T.P. 15/25 |  | EUR | 67,600,000 | 12,000,000 | 0 | % | 106.011 | 71,663,436.00 | 1.90 |
| IT0005240830 | 2.2000 % Republik Italien B.T.P. 17/27 |  | EUR | 59,000,000 | 17,000,000 | 0 | % | 111.129 | 65,566,104.10 | 1.74 |
| IT0005323032 | 2.0000 % Republik Italien B.T.P. 18/28 |  | EUR | 61,000,000 | 0 | 0 | % | 110.327 | 67,299,463.90 | 1.79 |
| IT0005403396 | 0.9500 % Republik Italien B.T.P. 20/30 |  | EUR | 40,000,000 | 30,000,000 | 0 | % | 101.752 | 40,700,796.00 | 1.08 |
| XS2317123052 | 0.0000 % Republik Lettland MTN 21/31 |  | EUR | 3,500,000 | 3,500,000 | 0 | % | 98.682 | 3,453,856.00 | 0.09 |
| AT0000A185T1 | 1.6500 % Republik Österreich Bundesanl. 14/24 | EUR | 10,500,000 | 0 | 0 | % | 107.529 | 11,290,494.60 | 0.30 |
| AT0000A1K9C8 | 0.7500 % Republik Österreich Bundesanl. 16/26 | EUR | 30,000,000 | 0 | 0 | % | 106.229 | 31,868,748.00 | 0.84 |
| XS1015428821 | 3.0000 % Republik Polen MTN 14/24 |  | EUR | 5,000,000 | 0 | 0 | % | 108.793 | 5,439,656.00 | 0.14 |
| PTOTEKOE0011 | 2.8750 % Republik Portugal Obr. 15/25 |  | EUR | 36,000,000 | 0 | 0 | % | 114.117 | 41,082,120.00 | 1.09 |
| PTOTEXOE0024 | 1.9500 % Republik Portugal Obr. 19/29 |  | EUR | 10,000,000 | 5,000,000 | 0 | % | 114.640 | 11,464,000.00 | 0.30 |
| PTOTELOE0028 | 0.4750 % Republik Portugal Obr. 20/30 |  | EUR | 7,000,000 | 0 | 0 | % | 101.692 | 7,118,440.00 | 0.19 |
| XS1371715118 | 0.5000 % Roche Finance Europe B.V. MTN 16/23 | EUR | 4,600,000 | 0 | 0 | % | 101.378 | 4,663,406.86 | 0.12 |
| XS2031862076 | 0.1250 % Royal Bank of Canada MTN 19/24 | EUR | 5,000,000 | 5,000,000 | 0 | % | 100.833 | 5,041,664.50 | 0.13 |
| FR0013445137 | 0.0000 % RTE Réseau de Transp.d’Electr. MTN 19/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,700,000 | 0 | 0 | % | 98.861 | 2,669,254.29 | 0.07 |
| XS1888184121 | 2.2500 % Sampo OYJ MTN 18/30 |  | EUR | 3,000,000 | 0 | 0 | % | 116.916 | 3,507,489.30 | 0.09 |
| FR0011625433 | 2.5000 % Sanofi S.A. MTN 13/23 |  | EUR | 4,200,000 | 0 | 0 | % | 106.109 | 4,456,594.80 | 0.12 |
| FR0013144003 | 1.1250 % Sanofi S.A. MTN 16/28 |  | EUR | 4,600,000 | 0 | 0 | % | 107.492 | 4,944,642.12 | 0.13 |
| XS2050945984 | 0.1250 % Santander Consumer Bank AS MTN 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,300,000 | 0 | 0 | % | 100.488 | 1,306,349.72 | 0.03 |

| Investment portfolio at 30/06/2021 |
| --- |
| ISIN | Securities | Market | Shares/ | Balance | Purchases | Redemptions |  | Price | Market value | % of net |
|  |  |  | Units/ | 30/06/2021 |  |  |  |  | in EUR | assets |
|  |  |  | Currency |  | in the period under review |  |  |  |  |
| XS1955187692 | 0.3000 % Siemens Finan. maatschappij NV MTN 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,300,000 | 0 | 0 | % | 101.552 | 1,320,179.12 | 0.03 |
| XS2049616548 | 0.0000 % Siemens Finan. maatschappij NV MTN 19/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,350,000 | 0 | 0 | % | 100.657 | 1,358,869.37 | 0.04 |
| XS2118280218 | 0.0000 % Siemens Finan. maatschappij NV MTN 20/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,100,000 | 0 | 0 | % | 100.477 | 4,119,556.59 | 0.11 |
| XS1370669639 | 0.7500 % Skandinaviska Enskilda Banken MTN 16/21 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 8,000,000 | 0 | 0 | % | 100.193 | 8,015,426.40 | 0.21 |
| XS1555402145 | 1.2500 % Snam S.p.A. MTN 17/25 |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 104.817 | 5,240,869.00 | 0.14 |
| XS1938381628 | 0.8750 % SNCF Réseau S.A. MTN 19/29 |  | EUR | 5,300,000 | 0 | 0 | % | 105.582 | 5,595,864.55 | 0.15 |
| FR0013311503 | 1.1250 % Société Générale S.A. Non-Preferred MTN 18/25 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 103.461 | 5,173,047.00 | 0.14 |
| FR0013448859 | 0.8750 % Société Générale S.A. Non-Preferred MTN 19/29 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 6,800,000 | 0 | 0 | % | 100.331 | 6,822,505.28 | 0.18 |
| FR0013486701 | 0.1250 % Société Générale S.A. Preferred MTN 20/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,300,000 | 0 | 0 | % | 100.386 | 3,312,731.73 | 0.09 |
| FR0013094869 | 0.5000 % Société Générale SFH S.A. MT Obl.Fin.Hab. 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,900,000 | 0 | 0 | % | 101.576 | 3,961,478.82 | 0.10 |
| BE6282460615 | 2.7500 % Solvay S.A. Notes 15/27 |  | EUR | 5,000,000 | 0 | 0 | % | 116.216 | 5,810,783.00 | 0.15 |
| XS1377237869 | 0.3750 % SpareBank 1 Boligkreditt AS MT Mortg.Cov.Bds 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,700,000 | 0 | 0 | % | 101.450 | 5,782,640.88 | 0.15 |
| XS1344895450 | 0.7500 % SR-Boligkreditt A.S. Mortg. Covered MTN 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 0 | 0 | % | 101.933 | 5,096,638.50 | 0.13 |
| XS2312584779 | 0.0100 % SR-Boligkreditt A.S. Mortg. Covered MTN 21/31 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,350,000 | 4,350,000 | 0 | % | 98.706 | 4,293,726.66 | 0.11 |
| XS1003017099 | 2.3750 % SSE PLC MTN 13/22 |  | EUR | 5,000,000 | 0 | 0 | % | 101.670 | 5,083,488.00 | 0.13 |
| XS1368543135 | 0.3750 % Stadshypotek AB MT Hyp.-Pfe. 16/23 | EUR | 5,350,000 | 0 | 0 | % | 101.427 | 5,426,360.02 | 0.14 |
| XS2102360315 | 0.8500 % Standard Chartered PLC FLR MTN 20/28 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,450,000 | 0 | 0 | % | 102.493 | 3,536,020.92 | 0.09 |
| XS1524573752 | 1.2500 % Südzucker Intl Finance B.V. Notes 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,150,000 | 0 | 0 | % | 102.728 | 2,208,658.24 | 0.06 |
| XS1795254025 | 0.5000 % Svenska Handelsbanken AB MTN 18/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,900,000 | 0 | 0 | % | 101.546 | 5,991,235.83 | 0.16 |
| XS2121207828 | 0.5000 % Svenska Handelsbanken AB Non-Pref. MTN 20/30 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,250,000 | 0 | 0 | % | 99.916 | 4,246,442.75 | 0.11 |
| XS2282210231 | 0.2000 % Swedbank AB Non- Preferred MTN 21/28 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 98.307 | 4,915,339.00 | 0.13 |
| XS2197348597 | 1.0000 % Takeda Pharmaceutical Co. Ltd. Notes 20/29 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 103.249 | 5,162,468.50 | 0.14 |
| XS2056395606 | 0.0000 % Telenor ASA MTN 19/23 |  | EUR | 1,800,000 | 0 | 0 | % | 100.626 | 1,811,270.16 | 0.05 |
| XS2117452156 | 0.2500 % Telenor ASA MTN 20/28 |  | EUR | 2,000,000 | 0 | 0 | % | 100.179 | 2,003,582.20 | 0.05 |
| XS1241581096 | 1.7500 % TenneT Holding B.V. MTN 15/27 |  | EUR | 5,000,000 | 0 | 0 | % | 109.702 | 5,485,089.50 | 0.15 |
| XS2049707180 | 0.1250 % The Bank of Nova Scotia MTN 19/26 | EUR | 3,750,000 | 0 | 0 | % | 99.982 | 3,749,315.25 | 0.10 |
| XS1074144871 | 2.8750 % The Goldman Sachs Group Inc. MTN 14/26 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 0 | 0 | % | 112.900 | 5,645,010.50 | 0.15 |
| XS1796209010 | 2.0000 % The Goldman Sachs Group Inc. MTN 18/28 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,100,000 | 0 | 0 | % | 109.771 | 5,598,340.89 | 0.15 |
| XS1314318301 | 1.1250 % The Procter & Gamble Co. Bonds 15/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 0 | 0 | % | 103.505 | 5,175,263.00 | 0.14 |
| XS1401105587 | 0.3750 % The Toronto-Dominion Bank MT Cov. Bds 16/23 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 3,100,000 | 0 | 0 | % | 101.504 | 3,146,624.93 | 0.08 |
| XS2058556296 | 0.1250 % Thermo Fisher Scientific Inc. Notes 19/25 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,400,000 | 0 | 0 | % | 100.497 | 1,406,961.50 | 0.04 |
| XS2290960520 | 1.6250 % TotalEnergies SE FLR MTN 21/Und. | EUR | 2,850,000 | 2,850,000 | 0 | % | 100.270 | 2,857,690.73 | 0.08 |
| XS1109744778 | 1.8750 % Transurban Finance Co. Pty Ltd MTN 14/24 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 105.757 | 5,287,840.00 | 0.14 |
| XS1997077364 | 1.4500 % Transurban Finance Co. Pty Ltd MTN 19/29 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 4,700,000 | 0 | 0 | % | 105.392 | 4,953,407.08 | 0.13 |
| XS2114807691 | 0.0000 % Tyco Electronics Group S.A. Notes 20/25 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 2,300,000 | 0 | 0 | % | 100.347 | 2,307,980.77 | 0.06 |
| CH0520042489 | 0.2500 % UBS Group AG FLR Notes 20/26 |  | EUR | 2,500,000 | 0 | 0 | % | 100.421 | 2,510,517.00 | 0.07 |
| CH0595205524 | 0.2500 % UBS Group AG Non- Preferred MTN 21/28 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 5,000,000 | 5,000,000 | 0 | % | 98.991 | 4,949,527.00 | 0.13 |
| FR0013405032 | 1.0000 % Unibail-Rodamco- Westfield SE MTN 19/27 |  |  |  |  |  |  |  |  |  |
|  |  | EUR | 1,900,000 | 0 | 0 | % | 104.080 | 1,977,521.90 | 0.05 |

Investment portfolio at 30/06/2021
ISIN	Securities	Market	Shares/	Balance  Purchases  Redemptions	Price	Market value	% of net
Units/	30/06/2021	in EUR	assets
Currency	in the period under review
| FR0013456621 | 0.8750 % Unibail-Rodamco- |  |
| --- | --- | --- |
| DE000HV2ASU1 | Westfield SE MTN 19/32 0.0100 % UniCredit Bank AG HVB | EUR | 5,000,000 | 0 | 0 | % | 97.507 | 4,875,332.50 | 0.13 |
| XS1178970106 | MTN Hyp.-Pfe. S.2064 19/27 0.5000 % Unilever Fin. Netherlands | EUR | 2,200,000 | 0 | 0 | % | 101.182 | 2,226,012.80 | 0.06 |
| XS1403014936 | B.V. MTN 15/22 0.5000 % Unilever Fin. Netherlands | EUR | 3,750,000 | 0 | 0 | % | 100.572 | 3,771,466.50 | 0.10 |
| FR0013128584 | B.V. MTN 16/24 0.6250 % Union Natle Interp. | EUR | 3,200,000 | 0 | 0 | % | 102.241 | 3,271,707.52 | 0.09 |
|  | Em.Com.Ind. MTN 16/26 | EUR | 11,000,000 | 0 | 0 | % | 104.304 | 11,473,444.40 | 0.30 |
| FR0013230943 | 0.6250 % Valéo S.E. MTN 17/23 | EUR | 3,700,000 | 0 | 0 | % | 100.753 | 3,727,874.69 | 0.10 |
| FR0013394681 | 0.8920 % Veolia Environnement S.A. MTN 19/24 | EUR | 3,100,000 | 0 | 0 | % | 102.379 | 3,173,762.02 | 0.08 |
| FR0013476595 XS1405766624 | 0.6640 % Veolia Environnement S.A. MTN 20/31 1.3750 % Verizon Communications | EUR | 2,600,000 | 0 | 0 | % | 101.051 | 2,627,330.16 | 0.07 |
| XS1979280853 | Inc. Notes 16/28 0.8750 % Verizon Communications | EUR | 6,000,000 | 0 | 0 | % | 106.626 | 6,397,551.00 | 0.17 |
|  | Inc. Notes 19/27 | EUR | 5,000,000 | 5,000,000 | 0 | % | 103.388 | 5,169,403.50 | 0.14 |
| FR0013220399 | 1.1250 % Vivendi S.A. Bonds 16/23 | EUR | 7,500,000 | 0 | 0 | % | 102.880 | 7,716,036.00 | 0.20 |
| XS1372839214 | 2.2000 % Vodafone Group PLC MTN 16/26 | EUR | 5,000,000 | 5,000,000 | 0 | % | 110.578 | 5,528,899.50 | 0.15 |
| XS2002018500 | 1.6250 % Vodafone Group PLC MTN 19/30 | EUR | 5,000,000 | 5,000,000 | 0 | % | 109.098 | 5,454,905.50 | 0.14 |
| DE000A19X8A4 | 1.5000 % Vonovia Finance B.V. MTN 18/26 | EUR | 5,000,000 | 5,000,000 | 0 | % | 106.563 | 5,328,160.50 | 0.14 |
| XS1856797300 | 0.7500 % Westpac Banking Corp. MTN 18/23 | EUR | 5,000,000 | 5,000,000 | 0 | % | 102.574 | 5,128,708.00 | 0.14 |
| XS2010039894 | 3.0000 % ZF Europe Finance B.V. Notes 19/29 | EUR | 3,000,000 | 0 | 0 | % | 104.809 | 3,144,255.60 | 0.08 |
| Other equity securities |  |  |  |  |  |  | 16,756,753.55 | 0.44 |
| Switzerland |  |  |  |  |  |  | 16,756,753.55 | 0.44 |
| CH0010570767	Chocoladefabriken Lindt & |  |  |  |  |  |  |  |  |
| Sprüngli Inh.-Par.schein | SHS | 1,978 | 0 | 121 | CHF | 9,295.000 | 16,756,753.55 | 0.44 |
| Securities admitted to or included in regulated markets |  |  |  |  |  |  | 78,692,969.39 | 2.08 |
| Interest-bearing securities |  |  |  |  |  |  | 78,692,969.39 | 2.08 |
| EUR bonds |  |  |  |  |  |  | 78,692,969.39 | 2.08 |
| XS1402941790	0.6250 % ABB Finance B.V. MTN 16/23 XS1117299484	1.0000 % Air Products & Chemicals | EUR | 5,300,000 | 0 | 0 | % | 101.471 | 5,377,955.05 | 0.14 |
| Inc. Notes 15/25 XS1379122101	1.5000 % América Móvil S.A.B. | EUR | 3,300,000 | 0 | 0 | % | 104.323 | 3,442,671.21 | 0.09 |
| de C.V. Notes 16/24 | EUR | 4,500,000 | 0 | 0 | % | 104.148 | 4,686,639.75 | 0.12 |
| XS2079716853	0.0000 % Apple Inc. Notes 19/25 | EUR | 2,350,000 | 0 | 0 | % | 100.635 | 2,364,915.69 | 0.06 |
| XS1527556192	1.6250 % ASML Holding N.V. Notes 16/27 | EUR | 1,700,000 | 0 | 0 | % | 108.893 | 1,851,185.08 | 0.05 |
| XS2010032378	0.2500 % ASML Holding N.V. Notes 20/30 | EUR | 5,150,000 | 0 | 0 | % | 99.506 | 5,124,539.43 | 0.14 |
| XS0993145084	2.6500 % AT & T Inc. Notes 13/21 XS2082818951	1.1250 % Australia & N. Z. Bkg | EUR | 5,900,000 | 0 | 0 | % | 100.650 | 5,938,359.44 | 0.16 |
| Grp Ltd. FLR MTN 19/29 XS2294372169	0.6690 % Australia & N. Z. Bkg | EUR | 5,000,000 | 5,000,000 | 0 | % | 102.217 | 5,110,849.00 | 0.14 |
| Grp Ltd. FLR MTN 21/31 | EUR | 1,900,000 | 1,900,000 | 0 | % | 99.619 | 1,892,756.63 | 0.05 |
| XS2308321962	0.1000 % Booking Holdings Inc. Notes 21/25 XS1117298247	1.9000 % Discovery Communications | EUR | 1,150,000 | 1,150,000 | 0 | % | 100.274 | 1,153,148.70 | 0.03 |
| LLC Notes 15/27 XS2075185228	0.9000 % Harley Davidson Finl | EUR | 5,000,000 | 5,000,000 | 0 | % | 107.109 | 5,355,440.00 | 0.14 |
| Serv.Inc. Notes 19/24 | EUR | 1,000,000 | 0 | 0 | % | 102.239 | 1,022,387.00 | 0.03 |
| XS1531060025	0.5000 % Knorr-Bremse AG MTN 16/21 XS2049630887	0.1180 % Mizuho Financial | EUR | 3,150,000 | 0 | 0 | % | 100.164 | 3,155,179.55 | 0.08 |
| Group Inc. MTN 19/24 XS2098350965	0.7970 % Mizuho Financial | EUR | 4,700,000 | 0 | 0 | % | 100.618 | 4,729,027.20 | 0.13 |
| Group Inc. MTN 20/30 XS2312722916	0.2500 % Mondelez International | EUR | 4,500,000 | 0 | 0 | % | 101.668 | 4,575,075.30 | 0.12 |
| Inc. Notes 21/28 XS1872032369	0.6250 % National Australia | EUR | 3,400,000 | 3,400,000 | 0 | % | 99.242 | 3,374,214.74 | 0.09 |
| Bank Ltd. MTN 18/23 | EUR | 5,000,000 | 5,000,000 | 0 | % | 102.118 | 5,105,908.50 | 0.13 |
| XS1395057430	1.1250 % Telstra Corp. Ltd. MTN 16/26 XS1716616179	1.1000 % Whirlpool Fin. Luxembourg | EUR | 7,000,000 | 0 | 0 | % | 105.154 | 7,360,808.00 | 0.19 |
| Sarl Notes 17/27 | EUR | 5,000,000 | 5,000,000 | 0 | % | 104.602 | 5,230,089.50 | 0.14 |
| XS1203856072	1.2500 % Yorkshire Building Society MTN 15/22 | EUR | 1,820,000 | 0 | 0 | % | 101.199 | 1,841,819.62 | 0.05 |
| Total securities |  |  |  |  | EUR |  | 3,726,822,261.01 | 98.53 |

Bank deposits, money market instruments, money market funds and money market-related funds Bank deposits
EUR deposits with custodial office
| Investment portfolio at 30/06/2021 |
| --- |
| ISIN | Securities | Market | Shares/ | Balance | Purchases | Redemptions | Price | Market value | % of net |
|  |  |  | Units/ | 30/06/2021 |  |  |  | in EUR | assets |
|  |  |  | Currency |  | in the period under review |  |  |  |
|  | State Street Bank International GmbH |  | EUR | 39,241,611.13 |  | % | 100.000 | 39,241,611.13 | 1.04 |
| Deposits in other EU/EEA currencies |
|  | State Street Bank International GmbH |  | DKK | 76,860.95 |  | % | 100.000 | 10,336.12 | 0.00 |
|  | State Street Bank International GmbH |  | NOK | 757,282.40 |  | % | 100.000 | 74,376.45 | 0.00 |
|  | State Street Bank International GmbH |  | PLN | 13,686.32 |  | % | 100.000 | 3,033.52 | 0.00 |
|  | State Street Bank International GmbH |  | SEK | 2,997,961.22 |  | % | 100.000 | 296,109.56 | 0.01 |
| Deposits in non EU/EEA currencies |
|  | State Street Bank International GmbH |  | AUD | 2,341.25 |  | % | 100.000 | 1,478.95 | 0.00 |
|  | State Street Bank International GmbH |  | CHF | 441,491.46 |  | % | 100.000 | 402,380.11 | 0.01 |
|  | State Street Bank International GmbH |  | GBP | 85,144.79 |  | % | 100.000 | 98,965.29 | 0.00 |
|  | State Street Bank International GmbH |  | USD | 22,207.51 |  | % | 100.000 | 18,660.99 | 0.00 |
| Total bank deposits |  |  |  |  |  | EUR |  | 40,146,952.12 | 1.06 |
| Total of bank deposits, money market instruments, money market funds and money market-related funds  30) | EUR |  | 40,146,952.12 | 1.06 |
| Other assets |  |  |  |  |  |  |  |  |  |
|  | Accrued interest |  | EUR | 12,344,282.87 |  |  |  | 12,344,282.87 | 0.33 |
|  | Accrued dividends |  | EUR | 394,141.70 |  |  |  | 394,141.70 | 0.01 |
|  | Receivables from unit transactions |  | EUR | 2,778,519.91 |  |  |  | 2,778,519.91 | 0.07 |
|  | Receivables from securities transactions |  | EUR | 2,503,452.86 |  |  |  | 2,503,452.86 | 0.07 |
|  | Receivables from FX spots |  | EUR | 2,505,018.33 |  |  |  | 2,505,018.33 | 0.07 |
|  | Receivables from withholding tax refunds | EUR | 4,658,545.61 |  |  |  | 4,658,545.61 | 0.12 |
| Total other assets |  |  |  |  |  | EUR |  | 25,183,961.28 | 0.67 |
| Other payables |  |  |  |  |  |  |  |  |  |
|  | Liabilities from unit transactions |  | EUR | -759,065.62 |  |  |  | -759,065.62 | -0.02 |
|  | Liabilities from securities transactions |  | EUR | -3,172,980.14 |  |  |  | -3,172,980.14 | -0.08 |
|  | Liabilities from FX spots |  | EUR | -2,508,929.66 |  |  |  | -2,508,929.66 | -0.07 |
|  | Accruals |  | EUR | -3,490,502.55 |  |  |  | -3,490,502.55 | -0.09 |
| Total other payables |  |  |  |  |  | EUR |  | -9,931,477.97 | -0.26 |
| Fund assets |  |  |  |  |  | EUR | 3,782,221,696.44 | 100.00 |
|  | Total units in circulation of all unit classes |  |  |  |  | SHS |  | 50,517,674 |  |

30) 
Cash initial margins may be included in bank deposits.
| Kapital Plus A (EUR) |
| --- |
| ISIN | DE0008476250 |
| Fund assets | 3,614,804,836.91 |
| Units in circulation | 49,978,731.654 |
| Unit value | 72.33 |

| Kapital Plus I (EUR) |
| --- |
| ISIN | DE0009797613 |
| Fund assets | 79,744,857.94 |
| Units in circulation | 63,077.602 |
| Unit value | 1,264.23 |

| Kapital Plus Multi Asset 30 CT (EUR) |
| --- |
| ISIN | DE000A2DU1Y2 |
| Fund assets | 40,768,547.49 |
| Units in circulation | 372,881.288 |
| Unit value | 109.33 |

| Kapital Plus P (EUR) |
| --- |
| ISIN | DE000A14N9U7 |
| Fund assets | 8,414,213.52 |
| Units in circulation | 7,136.975 |
| Unit value | 1,178.96 |

| Kapital Plus P2 (EUR) |
| --- |
| ISIN | DE0009797589 |
| Fund assets | 30,167,747.12 |
| Units in circulation | 23,068.471 |
| Unit value | 1,307.75 |

| Kapital Plus R (EUR) |
| --- |
| ISIN | DE000A2DU1L9 |
| Fund assets | 8,321,493.46 |
| Units in circulation | 72,777.525 |
| Unit value | 114.34 |

Securities prices/market rates
| Fund assets were valued on the basis of the following prices/market rates: |
| --- |
| International bonds: prices as at 29/06/2021 or last known |
| All other assets: prices/market rates as at 30/06/2021 or last known |

Additional information on valuations
The valuation is conducted by the Custodian in cooperation with the Company.
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. 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 98.53% 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 1.47% of fund assets consists of other assets, other liabilities and cash.
| Exchange rate(s) and/or conversion factor(s) (indirect quotation) as at 30/06/2021 |
| --- |
| UK, Pound Sterling | (GBP) | 1 Euro = GBP | 0.86035 |
| Denmark, Krone | (DKK) | 1 Euro = DKK | 7.43615 |
| Norway, Krone | (NOK) | 1 Euro = NOK | 10.18175 |
| Sweden, Krona | (SEK) | 1 Euro = SEK | 10.12450 |
| Switzerland, Franc | (CHF) | 1 Euro = CHF | 1.09720 |
| Poland, Zloty | (PLN) | 1 Euro = PLN | 4.51170 |
| USA, Dollar | (USD) | 1 Euro = USD | 1.19005 |
| Australia, Dollar | (AUD) | 1 Euro = AUD | 1.58305 |

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 |
| Equities |  |  |  |  |
| Germany |  |  |  |  |
| DE0005785604 | Fresenius SE & Co. KGaA Inhaber-Stammaktien | SHS | 0 | 422,049 |
| UK |  |  |  |  |
| GB00B10RZP78 | Unilever PLC Reg.Shares | SHS | 0 | 345,931 |
| Interest-bearing securities |
| EUR bonds |  |  |  |  |
| XS1843444081 | 1.0000 % Altria Group Inc. Notes 19/23 | EUR | 0 | 2,600,000 |
| XS1121177767 | 1.7500 % Bertelsmann SE & Co. KGaA MTN Anl. 14/24 | EUR | 0 | 3,200,000 |
| XS1377680381 | 0.6250 % British Telecommunications PLC MTN 16/21 | EUR | 0 | 2,900,000 |
| XS1388661651 | 0.3750 % Deutsche Post AG MTN 16/21 | EUR | 0 | 1,900,000 |
| DE000EAA0517 | 0.0000 % Erste Abwicklungsanstalt IHS MTN 19/22 | EUR | 0 | 9,000,000 |
| EU000A285VM2 | 0.0000 % Europaeische Union MTN 20/35 | EUR | 11,000,000 | 18,000,000 |
| XS1937060884 | 0.7000 % Fedex Corp. Notes 19/22 | EUR | 0 | 1,750,000 |
| XS2047479469 | 0.5000 % HELLA GmbH & Co. KGaA Anl. 19/27 | EUR | 0 | 2,000,000 |
| XS1951313680 | 1.1250 % Imperial Brands Finance PLC MTN 19/23 | EUR | 0 | 2,150,000 |
| XS1371532547 | 0.3750 % Macquarie Bank Ltd. Mortg.Cov. MTN 16/21 | EUR | 0 | 3,450,000 |
| XS1403263723 | 0.5000 % McDonald’s Corp. MTN 16/21 | EUR | 0 | 1,600,000 |
| XS1028941976 | 1.1250 % Merck & Co. Inc. Notes 14/21 | EUR | 0 | 2,000,000 |
| XS2103230152 | 0.5000 % POSCO Notes 20/24 Reg.S | EUR | 0 | 1,300,000 |
| XS1392159825 | 0.5000 % SBAB Bank AB (publ) MTN 16/21 | EUR | 0 | 3,900,000 |
| XS1048521733 | 1.6250 % Shell International Finance BV MTN 14/21 | EUR | 0 | 5,800,000 |
| XS1055536251 | 2.1250 % Sparebank 1 SR-Bank ASA MTN 14/21 | EUR | 0 | 8,000,000 |
| FR0013479748 | 0.2500 % THALES S.A. MTN 20/27 | EUR | 0 | 2,000,000 |
| XS1074382893 | 2.1250 % Wells Fargo & Co. MTN 14/24 | EUR | 0 | 3,800,000 |
| XS1400169931 | 1.3750 % Wells Fargo & Co. MTN 16/26 | EUR | 0 | 3,850,000 |
| XS2056400299 | 0.6250 % Wells Fargo & Co. MTN 19/30 | EUR | 0 | 4,050,000 |
| Securities admitted to or included in regulated markets |
| Interest-bearing securities |
| EUR bonds |  |  |  |  |
| XS1061697568 | 1.7500 % PepsiCo Inc. MTN 14/21 | EUR | 0 | 6,000,000 |
| XS1360443979 | 0.2500 % Santander UK PLC MT Cov. Bds 16/21 | EUR | 0 | 5,150,000 |
| Unlisted securities |  |  |  |  |
| Equities |  |  |  |  |
| Sweden |  |  |  |  |
| SE0011166933 | Epiroc AB Namn-Aktier A | SHS | 0 | 1,336,575 |
| SE0015658125 | Epiroc AB Reg.Redemption Shares A | SHS | 1,258,562 | 1,258,562 |
| SE0000103699 | Hexagon AB Namn-Aktier B (fria) | SHS | 0 | 532,578 |
| Interest-bearing securities |
| EUR bonds |  |  |  |  |
| DE000DL19UQ0 | 1.6250 % Deutsche Bank AG MTN 19/21 | EUR | 0 | 3,300,000 |
| XS1250034276 | 2.1500 % Thermo Fisher Scientific Inc. Notes 15/22 | EUR | 0 | 6,500,000 |

Translation (ENDE, 2021-06-30):
# Inhalt
Kapital Plus
Entwicklung von Fondsvermögen und Anteilwert im
Struktur des Fondsvermögens in %
75 67,2 67,8
60
45
30
15
0
Anleihen	Aktien	Sonstige Wertpapiere	Barreserve, Sonstiges
Entwicklung von Fondsvermögen und Anteilwert im 3-Jahresvergleich
|  | 30.06.2021 | 31.12.2020 | 31.12.2019 | 31.12.2018 |
| --- | --- | --- | --- | --- |
| Fondsvermögen in Mio. EUR - Anteilklasse A (EUR) | WKN: 847 625/ISIN: DE0008476250 | 3.614,8 | 3.221,4 | 3.088,5 | 2.984,1 |
| - Anteilklasse I (EUR) | WKN: 979 761/ISIN: DE0009797613 | 79,7 | 70,9 | 65,6 | 30,5 |
| - Anteilklasse Multi Asset 30 CT (EUR)  1) | WKN: A2D U1Y/ISIN: DE000A2DU1Y2 | 40,8 | 19,8 | 971,61  2) | -- |

| - Anteilklasse P (EUR) | WKN: A14 N9U/ISIN: DE000A14N9U7 | 8,4 | 7,9 | 7,0 | 5,8 |
| --- | --- | --- | --- | --- | --- |
| - Anteilklasse P2 (EUR) | WKN: 979 758/ISIN: DE0009797589 | 30,2 | 18,1 | 20,3 | 19,8 |
| - Anteilklasse R (EUR) | WKN: A2D U1L/ISIN: DE000A2DU1L9 | 8,3 | 9,1 | 6,9 | 9,4 |
| Anteilwert in EUR |  |  |  |  |  |
| - Anteilklasse A (EUR) | WKN: 847 625/ISIN: DE0008476250 | 72,33 | 69,37 | 66,14 | 59,73 |
| - Anteilklasse I (EUR) | WKN: 979 761/ISIN: DE0009797613 | 1.264,23 | 1.215,28 | 1.158,64 | 1.046,33 |
| - Anteilklasse Multi Asset 30 CT (EUR)  1) | WKN: A2D U1Y/ISIN: DE000A2DU1Y2 | 109,33 | 104,99 | 100,07 | -- |
| - Anteilklasse P (EUR) | WKN: A14 N9U/ISIN: DE000A14N9U7 | 1.178,96 | 1.133,32 | 1.080,48 | 975,74 |
| - Anteilklasse P2 (EUR) | WKN: 979 758/ISIN: DE0009797589 | 1.307,75 | 1.257,95 | 1.199,29 | 1.083,03 |
| - Anteilklasse R (EUR) | WKN: A2D U1L/ISIN: DE000A2DU1L9 | 114,34 | 109,89 | 104,76 | 94,62 |

1) 
Auflegungsdatum: 17.12.2019
2) 
Darstellungsweise nicht in Mio. EUR, aufgrund des geringen Fondsvermögens.
| Vermögensübersicht zum 30.06.2021 |  |
| --- | --- |
| Gliederung nach Anlagenart - Land | Kurswert in EUR | % des Fonds- vermögens  *) |  | Gliederung nach Anlagenart - Währung | Kurswert in EUR | % des Fonds- vermögens  *) |
| I. Vermögensgegenstände |  |  |  | I. Vermögensgegenstände |  |  |
| 1. Aktien | 1.144.099.800,26 | 30,28 |  | 1. Aktien | 1.144.099.800,26 | 30,28 |
| Deutschland | 233.315.462,15 | 6,18 |  | CHF | 153.642.689,66 | 4,07 |
| Frankreich | 141.446.866,31 | 3,73 |  | DKK | 208.384.053,78 | 5,52 |
| Niederlande | 128.475.228,50 | 3,41 |  | EUR | 569.748.603,34 | 15,08 |
| Irland | 76.849.891,79 | 2,03 |  | GBP | 52.523.446,73 | 1,39 |
| Dänemark | 208.384.053,78 | 5,52 |  | SEK | 159.801.006,75 | 4,22 |
| Spanien | 11.296.007,38 | 0,30 |  | 2. Anleihen | 2.565.965.707,20 | 67,81 |
| Schweden | 159.801.006,75 | 4,22 |  | EUR | 2.565.965.707,20 | 67,81 |
| Schweiz | 153.642.689,66 | 4,07 |  | 3. Sonstige Wertpapiere | 16.756.753,55 | 0,44 |
| Großbritannien | 30.888.593,94 | 0,82 |  | CHF | 16.756.753,55 | 0,44 |
| 2. Anleihen | 2.565.965.707,20 | 67,81 |  | 4. Bankguthaben, Geldmarktpapiere, | 40.146.952,12 | 1,06 |
| Deutschland | 379.729.066,94 | 10,04 |  | Geldmarkt- und geldmarktnahe Fonds |  |  |
| Frankreich | 480.959.050,51 | 12,70 |  | 5. Sonstige Vermögensgegenstände | 25.183.961,28 | 0,67 |

| Niederlande | 232.667.114,52 | 6,16 |
| --- | --- | --- |
| Italien | 411.195.299,92 | 10,90 |
| Irland | 38.341.757,25 | 1,01 |
| Dänemark | 14.542.409,89 | 0,38 |
| Portugal | 59.664.560,00 | 1,58 |
| Spanien | 285.162.906,92 | 7,54 |
| Belgien | 53.005.264,71 | 1,40 |
| Luxemburg | 24.682.347,02 | 0,65 |
| Island | 1.608.246,40 | 0,04 |
| Norwegen | 30.173.001,10 | 0,78 |
| Schweden | 33.827.163,50 | 0,89 |
| Finnland | 25.046.211,61 | 0,66 |
| Österreich | 66.000.629,02 | 1,74 |
| Schweiz | 7.460.044,00 | 0,20 |
| Lettland | 3.453.856,00 | 0,09 |
| Polen | 5.439.656,00 | 0,14 |
| Großbritannien | 50.735.179,29 | 1,34 |
| USA | 158.421.015,92 | 4,19 |
| Kanada | 17.137.987,98 | 0,45 |
| Mexiko | 4.686.639,75 | 0,12 |
| Japan | 14.466.571,00 | 0,39 |
| Australien | 39.766.960,71 | 1,05 |
| Neuseeland | 12.884.867,01 | 0,33 |
| Sonstige | 114.907.900,23 | 3,04 |
| 3. Sonstige Wertpapiere | 16.756.753,55 | 0,44 |
| Schweiz | 16.756.753,55 | 0,44 |
| 4. Bankguthaben, Geldmarktpapiere, Geldmarkt- und geldmarktnahe Fonds | 40.146.952,12 | 1,06 |
| 5. Sonstige Vermögensgegenstände | 25.183.961,28 | 0,67 |
| II. Verbindlichkeiten | -9.931.477,97 | -0,26 |
| III. Fondsvermögen | 3.782.221.696,44 | 100,00 |

*) 
Durch Rundung der Prozentanteile bei der Berechnung können geringfügige Run- dungsdifferenzen entstanden sein.
II. Verbindlichkeiten	-9.931.477,97	-0,26
III. Fondsvermögen	3.782.221.696,44	100,00
| Vermögensaufstellung zum 30.06.2021 |
| --- |
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. | Bestand | Käufe/	Verkäufe/ | Kurs | Kurswert | % des |
| Börsengehandelte Wertpapiere |  | Anteile bzw. Währung | 30.06.2021 | Zugänge	Abgänge im Berichtszeitraum |  | in EUR 3.648.129.291,62 | Fondsver- mögens 96,45 |
| Aktien |  |  |  |  |  |  | 1.144.099.800,26 | 30,28 |
| Deutschland |  |  |  |  |  |  | 233.315.462,15 | 6,18 |
| DE000A1EWWW0 | adidas AG Namens-Aktien | STK | 145.671 | 11.989 | 8.585 EUR | 314,400 | 45.798.962,40 | 1,21 |
| DE0006231004 | Infineon Technologies AG Namens-Aktien | STK | 1.916.878 | 0 | 118.819 EUR | 34,090 | 65.346.371,02 | 1,74 |
| DE000A0D9PT0 | MTU Aero Engines AG Namens-Aktien | STK | 92.315 | 0 | 5.721 EUR | 205,000 | 18.924.575,00 | 0,50 |
| DE0006452907 | Nemetschek SE Inhaber-Aktien | STK | 130.635 | 28.616 | 6.323 EUR | 64,940 | 8.483.436,90 | 0,22 |
| DE0007164600 | SAP SE Inhaber-Aktien | STK | 389.969 | 0 | 57.660 EUR | 119,320 | 46.531.101,08 | 1,23 |
| DE000ZAL1111 | Zalando SE Inhaber-Aktien | STK | 473.085 | 0 | 29.324 EUR | 101,950 | 48.231.015,75 | 1,28 |
| Frankreich |  |  |  |  |  |  | 141.446.866,31 | 3,73 |
| FR0000130650 | Dassault Systemes SE Actions Port. | STK | 172.695 | 15.400 | 10.134 EUR | 206,200 | 35.609.709,00 | 0,94 |
| FR0010307819 | Legrand S.A. Actions au Porteur | STK | 223.159 | 10.598 | 13.440 EUR | 88,540 | 19.758.497,86 | 0,52 |
| FR0000120321 FR0000121014 | L‘Oréal S.A. Actions Port. LVMH Moët Henn. L. Vuit- | STK | 101.921 | 0 | 6.317 EUR | 376,550 | 38.378.352,55 | 1,01 |
|  | ton SE Action Port.(C.R.) | STK | 71.719 | 0 | 4.444 EUR | 665,100 | 47.700.306,90 | 1,26 |
| Niederlande |  |  |  |  |  |  | 128.475.228,50 | 3,41 |
| NL0012969182 | Adyen N.V. Aandelen op naam | STK | 12.629 | 12.629 | 0 EUR | 2.056,500 | 25.971.538,50 | 0,69 |
| NL0010273215 | ASML Holding N.V. Aandelen op naam | STK | 175.972 | 0 | 10.907 EUR | 582,500 | 102.503.690,00 | 2,72 |
| Irland |  |  |  |  |  |  | 76.849.891,79 | 2,03 |
| IE0002424939 | DCC PLC Reg.Shares | STK | 314.418 | 0 | 19.488 GBP | 59,200 | 21.634.852,79 | 0,57 |
| IE0004906560 | Kerry Group PLC Reg.Shares A | STK | 173.585 | 0 | 10.759 EUR | 117,400 | 20.378.879,00 | 0,54 |
| IE0004927939 | Kingspan Group PLC Reg.Shares | STK | 435.452 | 45.276 | 25.317 EUR | 80,000 | 34.836.160,00 | 0,92 |
| Dänemark |  |  |  |  |  |  | 208.384.053,78 | 5,52 |
| DK0060946788 | Ambu A/S Navne-Aktier B | STK | 1.054.398 | 0 | 65.357 DKK | 243,100 | 34.470.008,51 | 0,91 |
| DK0060227585 | Christian Hansen Holding AS Navne-Aktier | STK | 96.590 | 0 | 5.986 DKK | 568,400 | 7.383.088,83 | 0,20 |
| DK0060448595 | Coloplast AS Navne-Aktier B | STK | 223.619 | 22.829 | 12.861 DKK | 1.034,500 | 31.109.358,40 | 0,82 |
| DK0060079531 | DSV Panalpina A/S Indehaver Bonus-Aktier | STK | 415.352 | 0 | 25.745 DKK | 1.462,500 | 81.689.086,42 | 2,17 |
| DK0060534915 | Novo-Nordisk AS Navne-Aktier B | STK | 760.059 | 0 | 47.112 DKK | 525,700 | 53.732.511,62 | 1,42 |
| Spanien |  |  |  |  |  |  | 11.296.007,38 | 0,30 |
| ES0148396007 | Industria de Diseño Textil SA Acciones Port. | STK | 382.397 | 0 | 53.453 EUR | 29,540 | 11.296.007,38 | 0,30 |
| Schweden |  |  |  |  |  |  | 159.801.006,75 | 4,22 |
| SE0007100581 | Assa-Abloy AB Namn-Aktier B | STK | 1.391.036 | 0 | 86.224 SEK | 259,000 | 35.584.801,62 | 0,94 |
| SE0011166610 | Atlas Copco AB Namn-Aktier A | STK | 728.081 | 0 | 45.131 SEK | 522,600 | 37.581.621,87 | 0,99 |
| SE0015658109 | Epiroc AB Namn-Aktier A | STK | 1.258.562 | 1.258.562 | 0 SEK | 196,400 | 24.414.200,88 | 0,65 |
| SE0015961909 | Hexagon AB Namn-Aktier B (fria) | STK | 3.510.458 | 3.510.458 | 0 SEK | 125,900 | 43.653.184,08 | 1,15 |
| SE0007074281 | Hexpol AB Namn-Aktier B | STK | 907.411 | 0 | 56.246 SEK | 104,900 | 9.401.690,35 | 0,25 |
| SE0000114837 | Trelleborg AB Namn-Aktier B (fria) | STK | 471.885 | 0 | 119.570 SEK | 196,650 | 9.165.507,95 | 0,24 |
| Schweiz |  |  |  |  |  |  | 153.642.689,66 | 4,07 |
| CH0013841017 | Lonza Group AG Namens-Aktien | STK | 36.763 | 0 | 2.278 CHF | 654,800 | 21.939.858,18 | 0,58 |
| CH0024608827 | Partners Group Holding AG Namens-Aktien | STK | 36.698 | 0 | 2.274 CHF | 1.403,500 | 46.942.802,59 | 1,24 |
| CH0418792922 | Sika AG Namens-Aktien | STK | 210.805 | 0 | 13.066 CHF | 305,500 | 58.695.704,98 | 1,56 |
| CH0012453913 | Temenos AG Nam.-Aktien | STK | 96.418 | 0 | 5.976 CHF | 149,900 | 13.172.674,26 | 0,35 |
| CH0311864901 | VAT Group AG Namens-Aktien | STK | 46.074 | 0 | 7.465 CHF | 307,000 | 12.891.649,65 | 0,34 |
| Großbritannien |  |  |  |  |  |  | 30.888.593,94 | 0,82 |
| GB00BWFGQN14 | Spirax-Sarco Engineering PLC Reg.Shares | STK | 83.315 | 9.160 | 4.595 GBP | 137,000 | 13.266.873,95 | 0,35 |
| GB0007669376 | St. James‘s Place PLC Reg.Shares | STK | 1.030.649 | 0 | 63.885 GBP | 14,710 | 17.621.719,99 | 0,47 |
| Verzinsliche Wertpapiere |  |  |  |  |  |  | 2.487.272.737,81 | 65,73 |
| EUR-Anleihen |  |  |  |  |  |  | 2.487.272.737,81 | 65,73 |
| XS2076154801	0,1000 % Abbott Ireland Finan- |  |  |  |  |  |  |  |  |
| cing DAC Notes 19/24 XS2076155105	0,3750 % Abbott Ireland Finan- | EUR | 2.400.000 | 0 | 0 | % | 100,823 | 2.419.742,16 | 0,06 |
| cing DAC Notes 19/27 | EUR | 3.000.000 | 3.000.000 | 0 | % | 101,282 | 3.038.466,30 | 0,08 |
| XS2055646918	0,7500 % AbbVie Inc. Notes 19/27 | EUR | 3.050.000 | 0 | 0 | % | 102,748 | 3.133.809,12 | 0,08 |
| XS1344751968	0,8750 % ABN AMRO Bank N.V. Cov. MTN 16/26 | EUR | 10.000.000 | 0 | 0 | % | 105,408 | 10.540.845,00 | 0,28 |
| 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 | % | 110,123 | 4.404.932,00 | 0,12 |
| Non-Pref. MTN 20/27 XS1917577931	0,2500 % ABN AMRO Bank N.V. | EUR | 2.200.000 | 0 | 0 | % | 101,500 | 2.232.992,52 | 0,06 |
| Preferred MTN 18/21 XS1935139995	0,8750 % ABN AMRO Bank N.V. | EUR | 4.100.000 | 0 | 0 | % | 100,329 | 4.113.484,49 | 0,11 |
| Preferred MTN 19/24 | EUR | 2.400.000 | 0 | 0 | % | 102,939 | 2.470.547,52 | 0,07 |
| FR0014001LQ5	0,0000 % Agence France Locale MTN 21/31 XS2317288301	0,3750 % Ahold Delhaize N.V., Kon- | EUR | 1.700.000 | 1.700.000 | 0 | % | 97,289 | 1.653.905,52 | 0,04 |
| kinkl. Notes 21/30 Reg.S | EUR | 2.200.000 | 2.200.000 | 0 | % | 99,164 | 2.181.602,06 | 0,06 |

Vermögensaufstellung zum 30.06.2021
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2021 | 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 | % | 102,186 | 4.445.076,65 | 0,12 |
| FR0013182847 | 1,2500 % Air Liquide Finance MTN 16/28 | EUR | 5.000.000 | 5.000.000 | 0 | % | 108,804 | 5.440.175,00 | 0,14 |
| XS1391625289 XS1550134602 | 1,1250 % Akzo Nobel N.V. MTN 16/26 0,7500 % American Honda Fi- | EUR | 2.650.000 | 0 | 0 | % | 105,930 | 2.807.150,57 | 0,07 |
|  | nance Corp. MTN S.A 17/24 | EUR | 2.600.000 | 0 | 0 | % | 102,281 | 2.659.298,98 | 0,07 |
| XS1369278251 XS1935204641 | 1,2500 % Amgen Inc. Notes 16/22 0,5000 % ANZ New Zealand (Itl) | EUR | 2.000.000 | 0 | 0 | % | 100,684 | 2.013.672,40 | 0,05 |
| XS2052998403 | (Ldn Br.) Mort.Cov. MTN 19/24 0,3750 % ANZ New Zealand (Itl) | EUR | 2.700.000 | 0 | 0 | % | 102,156 | 2.758.215,51 | 0,07 |
|  | (Ldn Br.) MTN 19/29 | EUR | 5.000.000 | 5.000.000 | 0 | % | 100,800 | 5.039.984,50 | 0,13 |
| FR0012300812 | 1,8750 % APRR MTN 14/25 | EUR | 2.200.000 | 0 | 0 | % | 106,958 | 2.353.066,76 | 0,06 |
| FR0013220258 | 1,2500 % APRR MTN 16/27 | EUR | 2.400.000 | 0 | 0 | % | 106,885 | 2.565.249,12 | 0,07 |
| FR0013477486 | 0,0000 % APRR MTN 20/23 | EUR | 1.900.000 | 0 | 0 | % | 100,615 | 1.911.677,21 | 0,05 |
| FR0012452191 | 1,5000 % Arkema S.A. MTN 15/25 | EUR | 5.000.000 | 0 | 0 | % | 105,628 | 5.281.398,00 | 0,14 |
| XS1032529205 | 3,3750 % ASTM S.p.A. MTN 14/24 | EUR | 5.000.000 | 0 | 0 | % | 108,419 | 5.420.969,00 | 0,14 |
| XS1907120528 | 1,8000 % AT & T Inc. Notes 18/26 | EUR | 5.000.000 | 5.000.000 | 0 | % | 107,681 | 5.384.043,00 | 0,14 |
| XS2051361264 | 0,2500 % AT & T Inc. Notes 19/26 | EUR | 5.000.000 | 5.000.000 | 0 | % | 100,495 | 5.024.744,00 | 0,13 |
| XS0896144655 FR0010491720 | 2,5000 % Atlas Copco AB MTN 13/23 5,6250 % Autoroutes du Sud de | EUR | 5.000.000 | 0 | 0 | % | 104,647 | 5.232.359,50 | 0,14 |
| FR0013169885 | la France MTN 07/22 1,0000 % Autoroutes du Sud de | EUR | 4.100.000 | 0 | 0 | % | 105,942 | 4.343.611,34 | 0,11 |
| FR0013231099 | la France MTN 16/26 1,2500 % Autoroutes du Sud de | EUR | 1.800.000 | 0 | 0 | % | 104,950 | 1.889.096,04 | 0,05 |
| XS2101349723 | la France MTN 17/27 0,5000 % Banco Bilbao Vizcaya Ar- | EUR | 1.900.000 | 0 | 0 | % | 106,715 | 2.027.578,54 | 0,05 |
| XS2079713322 | gent. Non-Pref. MTN 20/27 0,3750 % Banco Bilbao Vizcaya Ar- | EUR | 5.000.000 | 5.000.000 | 0 | % | 100,603 | 5.030.161,50 | 0,13 |
|  | gent. Preferred MTN 19/26 | EUR | 5.000.000 | 5.000.000 | 0 | % | 101,319 | 5.065.973,00 | 0,13 |
| XS1731105612 | 0,8750 % Banco de Sabadell S.A. MTN 17/23 | EUR | 5.000.000 | 5.000.000 | 0 | % | 101,524 | 5.076.219,00 | 0,13 |
| XS2298304499 | 0,2000 % Banco Santander S.A. Pref. MTN 21/28 | EUR | 5.000.000 | 5.000.000 | 0 | % | 99,138 | 4.956.908,00 | 0,13 |
| XS1107731702 | 1,3750 % Bank of America Corp. MTN 14/21 | EUR | 3.800.000 | 0 | 0 | % | 100,362 | 3.813.754,10 | 0,10 |
| XS1079726334 | 2,3750 % Bank of America Corp. MTN 14/24 | EUR | 8.800.000 | 0 | 0 | % | 107,342 | 9.446.058,16 | 0,25 |
| ES0313679K13 | 0,8750 % Bankinter S.A. Preferred Bonos 19/24 | EUR | 5.000.000 | 5.000.000 | 0 | % | 102,605 | 5.130.262,50 | 0,14 |
| XS1369268534 | 0,3750 % BAWAG P.S.K. MT Bonds 16/22 | EUR | 4.200.000 | 0 | 0 | % | 100,593 | 4.224.907,26 | 0,11 |
| XS1998215393 XS2002532724 | 0,4000 % Baxter International Inc. Notes 19/24 1,2080 % Becton Dickinson Euro | EUR | 5.000.000 | 5.000.000 | 0 | % | 101,586 | 5.079.298,50 | 0,13 |
|  | Fin.Sarl Notes 19/26 | EUR | 5.000.000 | 5.000.000 | 0 | % | 104,672 | 5.233.596,00 | 0,14 |
| DE000BHY0BC4 XS1400165350 | 0,2500 % Berlin Hyp AG Hyp.-Pfe. S.196 16/23 1,1250 % Bertelsmann SE & Co. | EUR | 5.400.000 | 0 | 0 | % | 101,249 | 5.467.434,12 | 0,14 |
|  | KGaA MTN Anl. 16/26 | EUR | 2.200.000 | 0 | 0 | % | 105,607 | 2.323.351,14 | 0,06 |
| XS1948612905 | 0,6250 % BMW Finance N.V. MTN 19/23 | EUR | 2.250.000 | 0 | 0 | % | 102,036 | 2.295.810,00 | 0,06 |
| XS2055727916 | 0,0000 % BMW Finance N.V. MTN 19/23 | EUR | 2.550.000 | 0 | 0 | % | 100,565 | 2.564.397,30 | 0,07 |
| XS1368698251 | 0,2500 % BNG Bank N.V. MTN 16/23 | EUR | 6.000.000 | 0 | 0 | % | 101,272 | 6.076.336,80 | 0,16 |
| XS1342516629 BE0002586643 | 1,0000 % BNG Bank N.V. MTN 16/26 0,8750 % BNP Paribas Fortis S.A. | EUR | 10.000.000 | 0 | 0 | % | 106,022 | 10.602.215,00 | 0,28 |
| FR0013106622 | MT Mortg.Cov. Bds 18/28 0,2500 % BNP Paribas Home Loan | EUR | 5.900.000 | 0 | 0 | % | 106,640 | 6.291.741,71 | 0,17 |
|  | SFH MT Obl.Fin.Hab. 16/21 | EUR | 6.000.000 | 0 | 0 | % | 100,145 | 6.008.673,60 | 0,16 |
| 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 | % | 100,823 | 2.923.878,02 | 0,08 |
|  | Non-Pref. MTN 20/28 | EUR | 3.200.000 | 0 | 0 | % | 100,049 | 3.201.576,00 | 0,08 |
| XS0847433561 | 2,8750 % BNP Paribas S.A. MTN 12/22 | EUR | 3.000.000 | 0 | 0 | % | 104,400 | 3.132.005,40 | 0,08 |
| XS1527753187 | 0,5000 % BNP Paribas S.A. MTN 16/22 | EUR | 2.850.000 | 0 | 0 | % | 100,921 | 2.876.259,05 | 0,08 |
| XS1345331299 XS2012047127 | 1,1250 % BNP Paribas S.A. MTN 16/23 0,3750 % BNZ Inter. Fund. Ltd. | EUR | 5.000.000 | 0 | 0 | % | 102,304 | 5.115.181,50 | 0,14 |
|  | (Ldn Br.) MTN 19/24 | EUR | 5.000.000 | 5.000.000 | 0 | % | 101,733 | 5.086.667,00 | 0,13 |
| XS2070192591 | 0,6250 % Boston Scientific Corp. Notes 19/27 | EUR | 1.250.000 | 0 | 0 | % | 101,402 | 1.267.523,50 | 0,03 |
| FR0013312501 | 1,6250 % BPCE S.A. Non-Pref. MTN 18/28 | EUR | 6.000.000 | 0 | 0 | % | 107,403 | 6.444.157,80 | 0,17 |
| FR0013455540 | 0,5000 % BPCE S.A. Non-Preferred MTN 19/27 | EUR | 5.000.000 | 5.000.000 | 0 | % | 100,716 | 5.035.823,00 | 0,13 |
| FR0013396447 | 1,0000 % BPCE S.A. Preferred MTN 19/24 | EUR | 2.600.000 | 0 | 0 | % | 103,609 | 2.693.827,76 | 0,07 |
| FR0013111903 | 0,3750 % BPCE SFH MT Obl.Fin.Hab. 16/23 | EUR | 3.600.000 | 0 | 0 | % | 101,420 | 3.651.121,44 | 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 | % | 105,276 | 5.053.257,12 | 0,13 |
|  | Cr. Mutuel MTN 16/26 | EUR | 4.300.000 | 0 | 0 | % | 108,981 | 4.686.186,87 | 0,12 |

Vermögensaufstellung zum 30.06.2021
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2021 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS1548802914 | 0,3750 % Bque Fédérative du |  |  |  |  |  |  |  |  |
| XS1824240136 | Cr. Mutuel MTN 17/22 2,5000 % Bque Fédérative du | EUR | 2.900.000 | 0 | 0 | % | 100,475 | 2.913.765,72 | 0,08 |
| FR0013476553 | Cr. Mutuel MTN 18/28 0,7500 % Bque Fédérative du Cr. Mu- | EUR | 3.000.000 | 0 | 0 | % | 111,722 | 3.351.650,70 | 0,09 |
| FR0013386539 | tuel Non-Pref. MTN 20/30 0,7500 % Bque Fédérative du Cr. Mu- | EUR | 4.300.000 | 0 | 0 | % | 100,742 | 4.331.914,60 | 0,11 |
|  | tuel Preferred MTN 19/23 | EUR | 3.900.000 | 0 | 0 | % | 102,146 | 3.983.678,79 | 0,11 |
| DE0001102424 | 0,5000 % Bundesrep.Deutschland Anl. 17/27 | EUR | 10.750.000 | 0 | 0 | % | 106,236 | 11.420.370,00 | 0,30 |
| DE0001102465 | 0,2500 % Bundesrep.Deutschland Anl. 19/29 | EUR | 21.000.000 | 0 | 6.000.000 | % | 104,979 | 22.045.590,00 | 0,58 |
| DE0001102499 | 0,0000 % Bundesrep.Deutschland Anl. 20/30 | EUR | 68.500.000 | 10.000.000 | 38.500.000 | % | 102,779 | 70.403.608,15 | 1,87 |
| DE0001102531 FR0013534559 | 0,0000 % Bundesrep.Deutschland Anl. 21/31 0,0000 % Cais. d‘Amort.de la | EUR | 37.000.000 | 60.000.000 | 23.000.000 | % | 102,248 | 37.831.756,30 | 1,00 |
| FR0013088424 | Dette Soc. MTN 20/30 0,5000 % Caisse Francaise d.Financ. | EUR | 5.000.000 | 0 | 0 | % | 98,538 | 4.926.886,00 | 0,13 |
|  | Loc. MT Obl.Fonc. 16/22 | EUR | 5.000.000 | 0 | 0 | % | 100,807 | 5.040.373,50 | 0,13 |
| XS2102931594 XS1796257092 | 0,3750 % Caixabank S.A. Preferred MTN 20/25 0,7500 % Canadian Imperial Bk | EUR | 5.000.000 | 5.000.000 | 0 | % | 101,081 | 5.054.043,00 | 0,13 |
|  | of Comm. MTN 18/23 | EUR | 5.100.000 | 0 | 0 | % | 101,968 | 5.200.383,30 | 0,14 |
| XS1401331753 | 0,7500 % Carrefour S.A. MTN 16/24 | EUR | 750.000 | 0 | 0 | % | 102,344 | 767.579,93 | 0,02 |
| FR0013505260 FR0013106630 | 2,6250 % Carrefour S.A. MTN 20/27 1,0000 % Cie de Financement Fon- | EUR | 5.000.000 | 5.000.000 | 0 | % | 114,866 | 5.743.308,00 | 0,15 |
| FR0013413382 | cier MT Obl. Fonc. 16/26 0,3750 % Cie de Financement Fon- | EUR | 6.000.000 | 0 | 0 | % | 105,909 | 6.354.511,20 | 0,17 |
| FR0013445129 | cier MT Obl. Fonc. 19/27 0,0100 % Cie de Financement Fon- | EUR | 3.300.000 | 0 | 0 | % | 103,253 | 3.407.335,14 | 0,09 |
|  | cier MT Obl. Fonc. 19/27 | EUR | 9.000.000 | 0 | 0 | % | 100,996 | 9.089.639,10 | 0,24 |
| XS1068874970 | 2,3750 % Citigroup Inc. MTN 14/24 | EUR | 3.800.000 | 0 | 0 | % | 107,183 | 4.072.962,74 | 0,11 |
| XS1107727007 XS1377682676 | 2,1250 % Citigroup Inc. MTN 14/26 1,8750 % Coca Cola HBC Fi- | EUR | 6.800.000 | 0 | 0 | % | 109,706 | 7.460.012,76 | 0,20 |
| XS2082345955 | nance B.V. MTN 16/24 0,6250 % Coca Cola HBC Fi- | EUR | 1.550.000 | 0 | 0 | % | 106,806 | 1.655.497,34 | 0,04 |
| DE000CZ45VB7 | nance B.V. MTN 19/29 0,2500 % Commerzbank AG | EUR | 2.750.000 | 0 | 0 | % | 101,251 | 2.784.392,05 | 0,07 |
| XS1637093508 | MTN IHS S.939 19/24 0,6250 % Compass Group Fin. | EUR | 5.000.000 | 5.000.000 | 0 | % | 100,494 | 5.024.676,50 | 0,13 |
| ES0000101651 | Netherl. BV MTN 17/24 1,8260 % Comunidad Autó- | EUR | 5.600.000 | 0 | 0 | % | 102,144 | 5.720.069,60 | 0,15 |
|  | noma de Madrid Obl. 15/25 | EUR | 5.000.000 | 0 | 0 | % | 107,737 | 5.386.855,50 | 0,14 |
| XS2056430874 XS1180130939 | 0,3750 % Continental AG MTN 19/25 1,3750 % Coöperatieve Rabo- | EUR | 3.500.000 | 0 | 0 | % | 101,057 | 3.536.984,85 | 0,09 |
| XS1956955980 | bank U.A. MTN 15/27 0,6250 % Coöperatieve Rabobank | EUR | 7.000.000 | 0 | 0 | % | 107,821 | 7.547.459,50 | 0,20 |
| XS1790990474 | U.A. Non-Preferred MTN 19/24 1,3750 % Credit Agricole S.A. (Ldn | EUR | 2.900.000 | 0 | 0 | % | 102,113 | 2.961.289,47 | 0,08 |
|  | Br.) Non-Pref. MTN 18/25 | EUR | 5.000.000 | 5.000.000 | 0 | % | 104,714 | 5.235.693,00 | 0,14 |
| FR0013511227 FR0013113453 | 0,8750 % Crédit Mutuel Arkéa MTN 20/27 0,3750 % Crédit Mutuel HomeLoan | EUR | 5.000.000 | 5.000.000 | 0 | % | 103,824 | 5.191.202,00 | 0,14 |
|  | SFH SA MT Obl.Fin.Hab.16/22 | EUR | 4.800.000 | 0 | 0 | % | 101,074 | 4.851.542,88 | 0,13 |
| DE000A289XJ2 | 2,0000 % Daimler AG MTN 20/26 | EUR | 5.000.000 | 5.000.000 | 0 | % | 109,956 | 5.497.803,00 | 0,15 |
| XS2078761785 | 1,3750 % Danske Bank AS FLR MTN 19/30 | EUR | 2.200.000 | 0 | 0 | % | 101,930 | 2.242.456,70 | 0,06 |
| XS2299135819 XS2046595836 | 1,0000 % Danske Bank AS FLR MTN 21/31 0,5000 % Danske Bank AS FLR | EUR | 2.150.000 | 2.150.000 | 0 | % | 100,090 | 2.151.927,69 | 0,06 |
| XS2082333787 | Non-Pref. MTN 19/25 0,3000 % DekaBank Dt.Girozentrale | EUR | 5.000.000 | 5.000.000 | 0 | % | 101,039 | 5.051.925,50 | 0,13 |
| XS0969368934 | MTN Anl. Ausg.150 19/26 2,5000 % Deutsche Bahn Fi- | EUR | 1.400.000 | 0 | 0 | % | 101,910 | 1.426.737,90 | 0,04 |
|  | nance GmbH MTN 13/23 | EUR | 3.100.000 | 0 | 0 | % | 106,231 | 3.293.156,66 | 0,09 |
| DE000DL19VT2 | 0,7500 % Deutsche Bank AG FLR MTN 21/27 | EUR | 2.200.000 | 2.200.000 | 0 | % | 100,636 | 2.213.993,76 | 0,06 |
| DE000DL19TA6 | 1,5000 % Deutsche Bank AG MTN 17/22 | EUR | 5.000.000 | 0 | 0 | % | 101,011 | 5.050.553,50 | 0,13 |
| DE000DL19U23 DE000DHY4614 | 1,6250 % Deutsche Bank AG MTN 20/27 0,2500 % Deutsche Hypotheken- | EUR | 2.500.000 | 0 | 0 | % | 105,161 | 2.629.013,50 | 0,07 |
|  | bank MTN Hyp.-Pfe. S.461 16/23 | EUR | 6.000.000 | 0 | 0 | % | 101,199 | 6.071.933,40 | 0,16 |
| XS0977496636 | 2,7500 % Deutsche Post AG MTN 13/23 | EUR | 5.000.000 | 0 | 0 | % | 107,045 | 5.352.266,50 | 0,14 |

Vermögensaufstellung zum 30.06.2021
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2021 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS0525787874 | 4,2500 % Deutsche Telekom |  |  |  |  |  |  |  |  |
| XS1382792197 | Intl Fin.B.V. MTN 10/22 0,6250 % Deutsche Telekom | EUR | 5.000.000 | 0 | 0 | % | 104,830 | 5.241.477,00 | 0,14 |
|  | Intl Fin.B.V. MTN 16/23 | EUR | 3.100.000 | 0 | 0 | % | 101,620 | 3.150.205,43 | 0,08 |
| XS1348774644 | 0,7500 % Dexia Crédit Local S.A. MTN 16/23 | EUR | 4.850.000 | 0 | 0 | % | 101,980 | 4.946.015,94 | 0,13 |
| XS1637162592 XS1396253236 | 1,2000 % DH Europe Finance S.a.r.l. Notes 17/27 0,2500 % DNB Boligkreditt A.S. | EUR | 6.250.000 | 0 | 0 | % | 105,305 | 6.581.571,25 | 0,17 |
| XS1548410080 | Mortg. Cov. MTN 16/23 0,0500 % DNB Boligkreditt A.S. | EUR | 4.800.000 | 0 | 0 | % | 101,326 | 4.863.648,48 | 0,13 |
| DE000A13SWC0 | Mortg. Cov. MTN 17/22 0,5000 % Dt. Pfandbriefbank AG | EUR | 5.000.000 | 0 | 0 | % | 100,303 | 5.015.144,50 | 0,13 |
|  | MTN Hyp.-Pfe. R.15249 16/23 | EUR | 5.500.000 | 0 | 0 | % | 101,564 | 5.586.037,60 | 0,15 |
| XS1379591271 | 1,2500 % DVB Bank SE MTN IHS 16/21 | EUR | 3.000.000 | 0 | 0 | % | 100,353 | 3.010.582,80 | 0,08 |
| XS1555094066 DE000A161ZQ3 | 1,0000 % DVB Bank SE MTN IHS 17/22 0,7500 % DZ HYP AG MTN Hyp.- | EUR | 5.100.000 | 0 | 0 | % | 101,133 | 5.157.770,76 | 0,14 |
| DE000A2GSP56 | Pfe. R.371 15/26 [WL] 0,8750 % DZ HYP AG MTN Hyp.- | EUR | 5.000.000 | 0 | 0 | % | 104,923 | 5.246.156,50 | 0,14 |
|  | Pfe. R.392 18/28 [WL] | EUR | 9.400.000 | 0 | 0 | % | 106,843 | 10.043.285,24 | 0,27 |
| XS2069380488 | 0,0000 % E.ON SE MTN 19/22 | EUR | 3.150.000 | 0 | 0 | % | 100,440 | 3.163.844,25 | 0,08 |
| XS2103015009 | 0,0000 % E.ON SE MTN 20/23 | EUR | 3.400.000 | 0 | 0 | % | 100,592 | 3.420.112,70 | 0,09 |
| XS1255433754 | 2,6250 % Ecolab Inc. Notes 15/25 | EUR | 5.000.000 | 0 | 0 | % | 110,337 | 5.516.866,00 | 0,15 |
| XS1721051495 FR0011225143 | 1,5000 % EDP Finance B.V. MTN 17/27 4,1250 % Electricité de France | EUR | 6.000.000 | 0 | 0 | % | 107,519 | 6.451.144,80 | 0,17 |
| XS1403388694 | (E.D.F.) MTN 12/27 1,3750 % Enagás Financiacio- | EUR | 5.000.000 | 5.000.000 | 0 | % | 122,602 | 6.130.105,00 | 0,16 |
| XS2306986782 | nes S.A.U. MTN 16/28 0,1250 % EnBW International Fi- | EUR | 3.300.000 | 0 | 0 | % | 108,723 | 3.587.869,56 | 0,09 |
|  | nance BV MTN 21/28 | EUR | 3.300.000 | 3.300.000 | 0 | % | 99,922 | 3.297.411,15 | 0,09 |
| XS1937665955 | 1,5000 % ENEL Finance Intl N.V. MTN 19/25 | EUR | 2.000.000 | 0 | 0 | % | 106,078 | 2.121.559,20 | 0,06 |
| FR0013455813 | 0,5000 % Engie S.A. MTN 19/30 | EUR | 4.900.000 | 0 | 0 | % | 100,557 | 4.927.270,95 | 0,13 |
| XS1023703090 | 3,6250 % ENI S.p.A. MTN 14/29 | EUR | 5.000.000 | 5.000.000 | 0 | % | 124,666 | 6.233.319,50 | 0,16 |
| XS1412593185 XS1346557637 | 0,7500 % ENI S.p.A. MTN 16/22 0,6250 % Erste Group Bank | EUR | 2.400.000 | 0 | 0 | % | 100,995 | 2.423.881,92 | 0,06 |
|  | AG MT Hyp.-Pfe. 16/23 | EUR | 4.800.000 | 0 | 0 | % | 101,731 | 4.883.070,72 | 0,13 |
| AT0000A2GH08 | 0,8750 % Erste Group Bank AG Pref. MTN 20/27 | EUR | 5.000.000 | 5.000.000 | 0 | % | 104,352 | 5.217.581,00 | 0,14 |
| AT0000A2N837 EU000A1G0DC6 | 0,2500 % Erste Group Bank AG Pref. MTN 21/31 0,5000 % Europ.Fin.Stab.Faci- | EUR | 3.600.000 | 3.600.000 | 0 | % | 98,358 | 3.540.871,44 | 0,09 |
| EU000A1G0EA8 | lity (EFSF) MTN 15/23 0,2000 % Europ.Fin.Stab.Faci- | EUR | 10.000.000 | 0 | 0 | % | 101,734 | 10.173.434,00 | 0,27 |
| EU000A1G0ED2 | lity (EFSF) MTN 18/24 0,8750 % Europ.Fin.Stab.Faci- | EUR | 20.000.000 | 0 | 0 | % | 101,786 | 20.357.206,00 | 0,54 |
|  | lity (EFSF) MTN 19/35 | EUR | 13.000.000 | 16.000.000 | 10.000.000 | % | 107,463 | 13.970.134,10 | 0,37 |
| EU000A284451 EU000A1U9944 | 0,0000 % Europaeische Union MTN 20/25 0,5000 % Europäischer Stabili- | EUR | 800.000 | 0 | 0 | % | 101,886 | 815.090,48 | 0,02 |
| XS1280834992 | täts.(ESM) MTN 16/26 0,5000 % European Invest- | EUR | 20.000.000 | 0 | 0 | % | 104,017 | 20.803.434,00 | 0,55 |
| XS1950839677 | ment Bank MTN 15/23 0,0500 % European Invest- | EUR | 20.000.000 | 0 | 0 | % | 102,652 | 20.530.376,00 | 0,54 |
| XS1938387237 | ment Bank MTN 19/24 0,6250 % European Invest- | EUR | 15.300.000 | 0 | 0 | % | 101,709 | 15.561.515,25 | 0,41 |
|  | ment Bank MTN 19/29 | EUR | 12.000.000 | 0 | 0 | % | 105,806 | 12.696.710,40 | 0,34 |
| XS1956028168 DE000A1680J6 | 0,8750 % Fortum Oyj MTN 19/23 0,5000 % Freie Hansestadt Bremen | EUR | 2.100.000 | 0 | 0 | % | 101,742 | 2.136.575,28 | 0,06 |
| DE000A1680L2 | Landessch. Ausg.201 15/22 0,3750 % Freie Hansestadt Bremen | EUR | 6.000.000 | 0 | 0 | % | 101,330 | 6.079.781,40 | 0,16 |
| DE000A1YCQK7 | Landessch. Ausg.203 16/24 0,5000 % Freie u.Hansestadt Ham- | EUR | 10.000.000 | 0 | 0 | % | 102,244 | 10.224.370,00 | 0,27 |
| XS1554373164 | burg Landessch. Ausg.2 16/26 0,8750 % Fresenius Finance Ire- | EUR | 10.000.000 | 0 | 0 | % | 103,944 | 10.394.425,00 | 0,27 |
|  | land PLC MTN 17/22 1 | EUR | 3.800.000 | 0 | 0 | % | 100,434 | 3.816.502,64 | 0,10 |
| XS1936208419 | 2,8750 % Fresenius SE & Co. KGaA MTN 19/29 | EUR | 5.000.000 | 0 | 0 | % | 116,756 | 5.837.793,50 | 0,15 |
| XS1238902057 | 1,8750 % General Electric Co. Notes 15/27 | EUR | 5.000.000 | 5.000.000 | 0 | % | 107,901 | 5.395.035,50 | 0,14 |
| XS1612543121 XS1485748393 | 1,5000 % General Electric Co. Notes 17/29 0,9550 % General Motors Fi- | EUR | 5.000.000 | 5.000.000 | 0 | % | 105,599 | 5.279.930,50 | 0,14 |
|  | nancial Co. MTN 16/23 | EUR | 10.000.000 | 0 | 0 | % | 101,962 | 10.196.235,00 | 0,27 |

Vermögensaufstellung zum 30.06.2021
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2021 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS2049548444 | 0,2000 % General Motors Fi- |  |  |  |  |  |  |  |  |
| XS1939356645 | nancial Co. MTN 19/22 2,2000 % General Motors Fi- | EUR | 2.150.000 | 0 | 0 | % | 100,435 | 2.159.357,66 | 0,06 |
| XS2307768734 | nancial Co. MTN 19/24 0,6000 % General Motors Fi- | EUR | 1.900.000 | 0 | 0 | % | 105,662 | 2.007.581,99 | 0,05 |
|  | nancial Co. MTN 21/27 | EUR | 1.800.000 | 1.800.000 | 0 | % | 99,587 | 1.792.569,60 | 0,05 |
| XS1147605791 | 1,3750 % GlaxoSmithKline Cap. PLC MTN 14/24 | EUR | 5.000.000 | 0 | 0 | % | 105,422 | 5.271.080,50 | 0,14 |
| XS1529515584 | 1,5000 % HeidelbergCement AG MTN 16/25 | EUR | 1.300.000 | 0 | 0 | % | 105,082 | 1.366.070,68 | 0,04 |
| XS1330434389 | 1,5000 % Heineken N.V. MTN 15/24 | EUR | 3.000.000 | 0 | 0 | % | 105,312 | 3.159.358,20 | 0,08 |
| XS1401174633 | 1,0000 % Heineken N.V. MTN 16/26 | EUR | 4.850.000 | 0 | 0 | % | 104,837 | 5.084.579,95 | 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 | % | 107,100 | 1.392.294,28 | 0,04 |
|  | AG MT Mor.Cov.Nts 21/31 | EUR | 5.000.000 | 5.000.000 | 0 | % | 99,499 | 4.974.956,00 | 0,13 |
| XS1527758145 XS1398476793 | 1,0000 % Iberdrola Finanzas S.A. MTN 16/24 1,1250 % Iberdrola Internati- | EUR | 1.900.000 | 0 | 0 | % | 103,114 | 1.959.157,26 | 0,05 |
|  | onal B.V. MTN 16/26 | EUR | 3.300.000 | 0 | 0 | % | 105,695 | 3.487.927,41 | 0,09 |
| XS1796079488 | 2,0000 % ING Groep N.V. FLR MTN 18/30 | EUR | 4.800.000 | 0 | 0 | % | 105,409 | 5.059.654,56 | 0,13 |
| XS2049154078 | 0,1000 % ING Groep N.V. FLR MTN 19/25 | EUR | 2.200.000 | 0 | 0 | % | 100,258 | 2.205.679,30 | 0,06 |
| XS2079079799 XS2022424993 | 1,0000 % ING Groep N.V. FLR MTN 19/30 1,7500 % Intesa Sanpaolo | EUR | 1.800.000 | 0 | 0 | % | 101,356 | 1.824.404,76 | 0,05 |
| XS2231330965 | S.p.A. Pref. MTN 19/29 0,3750 % John.Cont.Intl/Tyco | EUR | 5.000.000 | 5.000.000 | 0 | % | 107,072 | 5.353.589,50 | 0,14 |
| XS2123320033 | F.+Sec.F. Notes 20/27 0,3890 % JPMorgan Chase & | EUR | 5.000.000 | 5.000.000 | 0 | % | 100,146 | 5.007.283,50 | 0,13 |
|  | Co. FLR MTN 20/28 | EUR | 3.300.000 | 0 | 0 | % | 100,266 | 3.308.792,85 | 0,09 |
| XS1174469137 | 1,5000 % JPMorgan Chase & Co. MTN 15/25 | EUR | 5.000.000 | 0 | 0 | % | 105,486 | 5.274.319,50 | 0,14 |
| XS1402921412 | 1,5000 % JPMorgan Chase & Co. MTN 16/26 | EUR | 3.150.000 | 0 | 0 | % | 107,347 | 3.381.420,42 | 0,09 |
| FR0013165677 | 1,2500 % Kering S.A. MTN 16/26 | EUR | 2.000.000 | 0 | 0 | % | 106,209 | 2.124.180,40 | 0,06 |
| ES0000012H41 | 0,1000 % Koenigreich Spanien Bonos 21/31 | EUR | 14.000.000 | 14.000.000 | 0 | % | 96,681 | 13.535.358,20 | 0,36 |
| BE0000332412 | 2,6000 % Königreich Belgien Obl. Lin. S.72 14/24 | EUR | 10.000.000 | 0 | 0 | % | 109,685 | 10.968.500,00 | 0,29 |
| BE0000341504 | 0,8000 % Königreich Belgien Obl. Lin. S.81 17/27 | EUR | 28.000.000 | 0 | 0 | % | 106,908 | 29.934.240,00 | 0,79 |
| NL0014555419 | 0,0000 % Königreich Niederlande Anl. 20/30 | EUR | 30.000.000 | 0 | 5.000.000 | % | 101,392 | 30.417.600,00 | 0,80 |
| ES00000123X3 | 4,4000 % Königreich Spanien Bonos 13/23 | EUR | 58.500.000 | 0 | 0 | % | 111,487 | 65.219.895,00 | 1,73 |
| ES00000126Z1 | 1,6000 % Königreich Spanien Bonos 15/25 | EUR | 47.000.000 | 0 | 0 | % | 107,532 | 50.540.040,00 | 1,34 |
| ES0000012B39 ES00000128H5 | 1,4000 % Königreich Spanien Bonos 18/28 1,3000 % Königreich Spa- | EUR | 60.000.000 | 0 | 0 | % | 109,130 | 65.478.000,00 | 1,74 |
|  | nien Obligaciones 16/26 | EUR | 36.000.000 | 16.000.000 | 0 | % | 107,866 | 38.831.756,40 | 1,03 |
| DE000A11QTD2 | 0,6250 % Kreditanst.f.Wiederaufbau Anl. 15/25 | EUR | 40.000.000 | 0 | 0 | % | 103,917 | 41.566.916,00 | 1,10 |
| DE000A168Y22 | 0,3750 % Kreditanst.f.Wiederaufbau Anl. 16/23 | EUR | 15.000.000 | 0 | 0 | % | 101,680 | 15.251.986,50 | 0,40 |
| DE000A11QTF7 ES0343307015 | 0,3750 % Kreditanst.f.Wiederaufbau MTN 15/30 0,5000 % Kutxabank S.A. Non- | EUR | 20.000.000 | 0 | 0 | % | 103,827 | 20.765.394,00 | 0,55 |
| FR0013090578 | Preferred Bonos 19/24 0,5000 % La Banq. Postale Home | EUR | 5.000.000 | 5.000.000 | 0 | % | 101,472 | 5.073.599,00 | 0,13 |
|  | Loan SFH MT Obl.FinHab 16/23 | EUR | 3.850.000 | 0 | 0 | % | 101,544 | 3.909.434,38 | 0,10 |
| FR0014001R34 FR0013518024 | 0,7500 % La Banque Postale FLR MTN 21/32 0,5000 % La Banque Postale | EUR | 2.100.000 | 2.100.000 | 0 | % | 98,272 | 2.063.717,25 | 0,05 |
| DE000NRW0KB3 | FLR Non-Pref. MTN 20/26 0,5000 % Land Nordrhein-Westfalen | EUR | 5.000.000 | 5.000.000 | 0 | % | 101,236 | 5.061.781,50 | 0,13 |
| DE000RLP0736 | MT Landessch.R.1435 17/27 0,1250 % Land Rheinland- | EUR | 10.000.000 | 0 | 0 | % | 104,359 | 10.435.940,00 | 0,28 |
| DE000RLP0728 | Pfalz Landessch. 16/22 0,7500 % Land Rheinland- | EUR | 6.000.000 | 0 | 0 | % | 101,117 | 6.067.034,40 | 0,16 |
| XS2080581189 | Pfalz Landessch. 16/26 0,1250 % Lb.Hessen-Thüringen | EUR | 5.000.000 | 0 | 0 | % | 105,032 | 5.251.623,00 | 0,14 |
| DE000LB06G44 | GZ MTN IHS S.H339 19/24 0,1250 % Ldsbk Baden-Württemb. | EUR | 4.400.000 | 0 | 0 | % | 101,420 | 4.462.488,36 | 0,12 |
|  | MTN Pfe. S.760 16/22 | EUR | 5.000.000 | 0 | 0 | % | 100,452 | 5.022.587,00 | 0,13 |
| XS1397134609 | 1,0000 % Linde Finance B.V. MTN 16/28 | EUR | 5.150.000 | 0 | 0 | % | 106,419 | 5.480.558,42 | 0,14 |
| XS1518704900 | 0,2500 % Linde Finance B.V. MTN 17/22 | EUR | 3.150.000 | 0 | 0 | % | 100,370 | 3.161.643,66 | 0,08 |
| XS1795392502 XS2148623106 | 0,6250 % Lloyds Bank PLC MT Cov. Bds 18/25 3,5000 % Lloyds Banking Group | EUR | 7.550.000 | 0 | 0 | % | 103,421 | 7.808.284,75 | 0,21 |
| FR0013405347 | PLC FLR MTN 20/26 0,1250 % LVMH Moët Henn. L. | EUR | 5.000.000 | 5.000.000 | 0 | % | 112,528 | 5.626.418,50 | 0,15 |
|  | Vuitton SE MTN 19/23 | EUR | 1.300.000 | 0 | 0 | % | 100,702 | 1.309.119,76 | 0,03 |

Vermögensaufstellung zum 30.06.2021
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2021 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FR0013482833 | 0,1250 % LVMH Moët Henn. L. |  |  |  |  |  |  |  |  |
|  | Vuitton SE MTN 20/28 | EUR | 5.300.000 | 0 | 0 | % | 100,925 | 5.349.022,35 | 0,14 |
| XS2265371042 XS2102916793 | 0,3500 % Macquarie Group Ltd. MTN 20/28 0,1250 % Merck Financial Ser- | EUR | 5.000.000 | 5.000.000 | 0 | % | 98,534 | 4.926.683,50 | 0,13 |
|  | vices GmbH MTN 20/25 | EUR | 1.800.000 | 0 | 0 | % | 100,950 | 1.817.098,38 | 0,05 |
| XS2292263121 | 0,4970 % Morgan Stanley FLR MTN S.J 21/31 | EUR | 3.800.000 | 3.800.000 | 0 | % | 97,983 | 3.723.350,20 | 0,10 |
| XS1379171140 DE000MHB64E1 | 1,7500 % Morgan Stanley MTN 16/24 0,3750 % Muenchener Hypotheken- | EUR | 6.650.000 | 0 | 0 | % | 105,034 | 6.984.786,27 | 0,18 |
|  | bank MTN IHS S.1927 21/29 | EUR | 4.600.000 | 4.600.000 | 0 | % | 99,725 | 4.587.347,24 | 0,12 |
| XS1548533329 | 0,6250 % Municipality Finance PLC MTN 17/26 | EUR | 6.000.000 | 0 | 0 | % | 104,933 | 6.295.999,80 | 0,17 |
| XS1396767854 | 1,2500 % Naturgy Finance B.V. MTN 16/26 | EUR | 1.000.000 | 0 | 0 | % | 105,314 | 1.053.135,00 | 0,03 |
| XS1551446880 | 1,3750 % Naturgy Finance B.V. MTN 17/27 | EUR | 3.800.000 | 0 | 0 | % | 106,484 | 4.046.375,28 | 0,11 |
| XS1575979148 | 2,0000 % NatWest Group PLC FLR MTN 17/23 | EUR | 5.000.000 | 5.000.000 | 0 | % | 101,494 | 5.074.717,50 | 0,13 |
| XS2150006646 | 2,7500 % NatWest Markets PLC MTN 20/25 | EUR | 5.000.000 | 5.000.000 | 0 | % | 110,191 | 5.509.544,50 | 0,15 |
| XS1409382030 XS1346315382 | 1,0000 % Nederlandse Gasunie, N.V. MTN 16/26 0,5000 % Nederlandse Wa- | EUR | 2.700.000 | 0 | 0 | % | 104,880 | 2.831.759,46 | 0,07 |
|  | terschapsbank NV MTN 16/23 | EUR | 10.000.000 | 0 | 0 | % | 101,632 | 10.163.208,00 | 0,27 |
| XS2023631489 | 0,8750 % NIBC Bank N.V. Preferred MTN 19/25 | EUR | 5.000.000 | 5.000.000 | 0 | % | 102,992 | 5.149.612,50 | 0,14 |
| XS1189263400 | 1,1250 % Nordea Bank Abp MTN 15/25 | EUR | 5.100.000 | 0 | 0 | % | 104,769 | 5.343.219,51 | 0,14 |
| XS1368470156 | 1,0000 % Nordea Bank Abp MTN 16/23 | EUR | 6.000.000 | 0 | 0 | % | 102,257 | 6.135.407,40 | 0,16 |
| XS1585010074 DK0009526998 | 1,1250 % Novartis Finance S.A. Notes 17/27 0,7500 % Nykredit Realkredit A/S | EUR | 5.000.000 | 0 | 0 | % | 106,582 | 5.329.109,50 | 0,14 |
|  | Non-Preferred MTN 20/27 | EUR | 5.000.000 | 5.000.000 | 0 | % | 101,922 | 5.096.100,00 | 0,13 |
| XS1956022716 | 0,3750 % OP Yrityspankki Oyj MTN 19/24 | EUR | 1.600.000 | 0 | 0 | % | 101,720 | 1.627.520,32 | 0,04 |
| XS1408317433 | 1,0000 % Orange S.A. MTN 16/25 | EUR | 5.600.000 | 0 | 0 | % | 104,083 | 5.828.623,36 | 0,15 |
| FR0013396496 | 0,5000 % Orange S.A. MTN 19/22 | EUR | 600.000 | 0 | 0 | % | 100,463 | 602.780,28 | 0,02 |
| FR0013534484 | 0,1250 % Orange S.A. MTN 20/29 | EUR | 5.000.000 | 5.000.000 | 0 | % | 98,646 | 4.932.286,00 | 0,13 |
| FR0013456423 | 0,0000 % Pernod-Ricard S.A. Bonds 19/23 | EUR | 2.100.000 | 0 | 0 | % | 100,477 | 2.110.010,70 | 0,06 |
| XS2049582625 | 0,2500 % Prologis Euro Finance LLC Notes 19/27 | EUR | 2.000.000 | 0 | 0 | % | 100,096 | 2.001.926,00 | 0,05 |
| FR0013250693 | 1,6250 % RCI Banque S.A. MTN 17/25 | EUR | 5.000.000 | 5.000.000 | 0 | % | 104,611 | 5.230.565,00 | 0,14 |
| XS1079698376 | 2,1250 % Red Eléctrica Financ. S.A.U. MTN 14/23 | EUR | 5.000.000 | 0 | 0 | % | 104,736 | 5.236.809,00 | 0,14 |
| XS1384281090 | 1,3750 % RELX Finance B.V. Notes 16/26 | EUR | 6.250.000 | 0 | 0 | % | 106,298 | 6.643.599,38 | 0,18 |
| XS1753814737 | 1,7500 % REN Finance B.V. MTN 18/28 | EUR | 3.000.000 | 0 | 0 | % | 108,663 | 3.259.876,20 | 0,09 |
| FR0011962398 | 1,7500 % Rep. Frankreich OAT 14/24 | EUR | 41.300.000 | 0 | 0 | % | 107,937 | 44.577.981,00 | 1,18 |
| FR0011883966 | 2,5000 % Rep. Frankreich OAT 14/30 | EUR | 25.000.000 | 0 | 5.000.000 | % | 122,509 | 30.627.247,50 | 0,81 |
| FR0013200813 | 0,2500 % Rep. Frankreich OAT 16/26 | EUR | 20.000.000 | 0 | 0 | % | 103,378 | 20.675.598,00 | 0,55 |
| FR0013250560 | 1,0000 % Rep. Frankreich OAT 16/27 | EUR | 20.000.000 | 0 | 0 | % | 107,789 | 21.557.800,00 | 0,57 |
| FR0013286192 | 0,7500 % Rep. Frankreich OAT 17/28 | EUR | 30.500.000 | 0 | 0 | % | 106,694 | 32.541.670,00 | 0,86 |
| FR0013407236 | 0,5000 % Rep. Frankreich OAT 18/29 | EUR | 55.000.000 | 0 | 0 | % | 104,749 | 57.611.944,50 | 1,53 |
| IE00B4S3JD47 | 3,9000 % Republik Irland Treasury Bonds 13/23 | EUR | 18.200.000 | 0 | 0 | % | 107,773 | 19.614.686,00 | 0,52 |
| XS2015295814 | 0,1000 % Republik Island MTN 19/24 | EUR | 1.600.000 | 0 | 0 | % | 100,515 | 1.608.246,40 | 0,04 |
| IT0004356843 | 4,7500 % Republik Italien B.T.P. 08/23 | EUR | 33.600.000 | 0 | 0 | % | 110,628 | 37.171.008,00 | 0,98 |
| IT0004848831 | 5,5000 % Republik Italien B.T.P. 12/22 | EUR | 54.600.000 | 20.000.000 | 0 | % | 107,878 | 58.901.388,00 | 1,57 |
| IT0004898034 | 4,5000 % Republik Italien B.T.P. 13/23 | EUR | 41.500.000 | 0 | 0 | % | 108,965 | 45.220.475,00 | 1,20 |
| IT0005090318 | 1,5000 % Republik Italien B.T.P. 15/25 | EUR | 67.600.000 | 12.000.000 | 0 | % | 106,011 | 71.663.436,00 | 1,90 |
| IT0005240830 | 2,2000 % Republik Italien B.T.P. 17/27 | EUR | 59.000.000 | 17.000.000 | 0 | % | 111,129 | 65.566.104,10 | 1,74 |
| IT0005323032 | 2,0000 % Republik Italien B.T.P. 18/28 | EUR | 61.000.000 | 0 | 0 | % | 110,327 | 67.299.463,90 | 1,79 |
| IT0005403396 | 0,9500 % Republik Italien B.T.P. 20/30 | EUR | 40.000.000 | 30.000.000 | 0 | % | 101,752 | 40.700.796,00 | 1,08 |
| XS2317123052 | 0,0000 % Republik Lettland MTN 21/31 | EUR | 3.500.000 | 3.500.000 | 0 | % | 98,682 | 3.453.856,00 | 0,09 |
| AT0000A185T1 | 1,6500 % Republik Österreich Bundesanl. 14/24 | EUR | 10.500.000 | 0 | 0 | % | 107,529 | 11.290.494,60 | 0,30 |
| AT0000A1K9C8 | 0,7500 % Republik Österreich Bundesanl. 16/26 | EUR | 30.000.000 | 0 | 0 | % | 106,229 | 31.868.748,00 | 0,84 |
| XS1015428821 | 3,0000 % Republik Polen MTN 14/24 | EUR | 5.000.000 | 0 | 0 | % | 108,793 | 5.439.656,00 | 0,14 |
| PTOTEKOE0011 | 2,8750 % Republik Portugal Obr. 15/25 | EUR | 36.000.000 | 0 | 0 | % | 114,117 | 41.082.120,00 | 1,09 |
| PTOTEXOE0024 | 1,9500 % Republik Portugal Obr. 19/29 | EUR | 10.000.000 | 5.000.000 | 0 | % | 114,640 | 11.464.000,00 | 0,30 |
| PTOTELOE0028 | 0,4750 % Republik Portugal Obr. 20/30 | EUR | 7.000.000 | 0 | 0 | % | 101,692 | 7.118.440,00 | 0,19 |
| XS1371715118 | 0,5000 % Roche Finance Europe B.V. MTN 16/23 | EUR | 4.600.000 | 0 | 0 | % | 101,378 | 4.663.406,86 | 0,12 |
| XS2031862076 FR0013445137 | 0,1250 % Royal Bank of Canada MTN 19/24 0,0000 % RTE Réseau de | EUR | 5.000.000 | 5.000.000 | 0 | % | 100,833 | 5.041.664,50 | 0,13 |
|  | Transp.d‘Electr. MTN 19/27 | EUR | 2.700.000 | 0 | 0 | % | 98,861 | 2.669.254,29 | 0,07 |
| XS1888184121 | 2,2500 % Sampo OYJ MTN 18/30 | EUR | 3.000.000 | 0 | 0 | % | 116,916 | 3.507.489,30 | 0,09 |
| FR0011625433 | 2,5000 % Sanofi S.A. MTN 13/23 | EUR | 4.200.000 | 0 | 0 | % | 106,109 | 4.456.594,80 | 0,12 |
| FR0013144003 XS2050945984 | 1,1250 % Sanofi S.A. MTN 16/28 0,1250 % Santander Consu- | EUR | 4.600.000 | 0 | 0 | % | 107,492 | 4.944.642,12 | 0,13 |
|  | mer Bank AS MTN 19/24 | EUR | 1.300.000 | 0 | 0 | % | 100,488 | 1.306.349,72 | 0,03 |

Vermögensaufstellung zum 30.06.2021
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2021 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS1955187692 | 0,3000 % Siemens Finan.maats- |  |  |  |  |  |  |  |  |
| XS2049616548 | chappij NV MTN 19/24 0,0000 % Siemens Finan.maats- | EUR | 1.300.000 | 0 | 0 | % | 101,552 | 1.320.179,12 | 0,03 |
| XS2118280218 | chappij NV MTN 19/24 0,0000 % Siemens Finan.maats- | EUR | 1.350.000 | 0 | 0 | % | 100,657 | 1.358.869,37 | 0,04 |
| XS1370669639 | chappij NV MTN 20/26 0,7500 % Skandinaviska Ens- | EUR | 4.100.000 | 0 | 0 | % | 100,477 | 4.119.556,59 | 0,11 |
|  | kilda Banken MTN 16/21 | EUR | 8.000.000 | 0 | 0 | % | 100,193 | 8.015.426,40 | 0,21 |
| XS1555402145 | 1,2500 % Snam S.p.A. MTN 17/25 | EUR | 5.000.000 | 5.000.000 | 0 | % | 104,817 | 5.240.869,00 | 0,14 |
| XS1938381628 FR0013311503 | 0,8750 % SNCF Réseau S.A. MTN 19/29 1,1250 % Société Générale S.A. | EUR | 5.300.000 | 0 | 0 | % | 105,582 | 5.595.864,55 | 0,15 |
| FR0013448859 | Non-Preferred MTN 18/25 0,8750 % Société Générale S.A. | EUR | 5.000.000 | 5.000.000 | 0 | % | 103,461 | 5.173.047,00 | 0,14 |
| FR0013486701 | Non-Preferred MTN 19/29 0,1250 % Société Générale S.A. | EUR | 6.800.000 | 0 | 0 | % | 100,331 | 6.822.505,28 | 0,18 |
| FR0013094869 | Preferred MTN 20/26 0,5000 % Société Générale SFH | EUR | 3.300.000 | 0 | 0 | % | 100,386 | 3.312.731,73 | 0,09 |
|  | S.A. MT Obl.Fin.Hab. 16/23 | EUR | 3.900.000 | 0 | 0 | % | 101,576 | 3.961.478,82 | 0,10 |
| BE6282460615 XS1377237869 | 2,7500 % Solvay S.A. Notes 15/27 0,3750 % SpareBank 1 Boligkre- | EUR | 5.000.000 | 0 | 0 | % | 116,216 | 5.810.783,00 | 0,15 |
| XS1344895450 | ditt AS MT Mortg.Cov.Bds 16/23 0,7500 % SR-Boligkreditt A.S. | EUR | 5.700.000 | 0 | 0 | % | 101,450 | 5.782.640,88 | 0,15 |
| XS2312584779 | Mortg. Covered MTN 16/23 0,0100 % SR-Boligkreditt A.S. | EUR | 5.000.000 | 0 | 0 | % | 101,933 | 5.096.638,50 | 0,13 |
|  | Mortg. Covered MTN 21/31 | EUR | 4.350.000 | 4.350.000 | 0 | % | 98,706 | 4.293.726,66 | 0,11 |
| XS1003017099 | 2,3750 % SSE PLC MTN 13/22 | EUR | 5.000.000 | 0 | 0 | % | 101,670 | 5.083.488,00 | 0,13 |
| XS1368543135 XS2102360315 | 0,3750 % Stadshypotek AB MT Hyp.-Pfe. 16/23 0,8500 % Standard Charte- | EUR | 5.350.000 | 0 | 0 | % | 101,427 | 5.426.360,02 | 0,14 |
| XS1524573752 | red PLC FLR MTN 20/28 1,2500 % Südzucker Intl Fi- | EUR | 3.450.000 | 0 | 0 | % | 102,493 | 3.536.020,92 | 0,09 |
| XS1795254025 | nance B.V. Notes 16/23 0,5000 % Svenska Handels- | EUR | 2.150.000 | 0 | 0 | % | 102,728 | 2.208.658,24 | 0,06 |
| XS2121207828 | banken AB MTN 18/23 0,5000 % Svenska Handelsban- | EUR | 5.900.000 | 0 | 0 | % | 101,546 | 5.991.235,83 | 0,16 |
| XS2282210231 | ken AB Non-Pref. MTN 20/30 0,2000 % Swedbank AB Non- | EUR | 4.250.000 | 0 | 0 | % | 99,916 | 4.246.442,75 | 0,11 |
| XS2197348597 | Preferred MTN 21/28 1,0000 % Takeda Pharmaceuti- | EUR | 5.000.000 | 5.000.000 | 0 | % | 98,307 | 4.915.339,00 | 0,13 |
|  | cal Co. Ltd. Notes 20/29 | EUR | 5.000.000 | 5.000.000 | 0 | % | 103,249 | 5.162.468,50 | 0,14 |
| XS2056395606 | 0,0000 % Telenor ASA MTN 19/23 | EUR | 1.800.000 | 0 | 0 | % | 100,626 | 1.811.270,16 | 0,05 |
| XS2117452156 | 0,2500 % Telenor ASA MTN 20/28 | EUR | 2.000.000 | 0 | 0 | % | 100,179 | 2.003.582,20 | 0,05 |
| XS1241581096 | 1,7500 % TenneT Holding B.V. MTN 15/27 | EUR | 5.000.000 | 0 | 0 | % | 109,702 | 5.485.089,50 | 0,15 |
| XS2049707180 XS1074144871 | 0,1250 % The Bank of Nova Scotia MTN 19/26 2,8750 % The Goldman Sachs | EUR | 3.750.000 | 0 | 0 | % | 99,982 | 3.749.315,25 | 0,10 |
| XS1796209010 | Group Inc. MTN 14/26 2,0000 % The Goldman Sachs | EUR | 5.000.000 | 0 | 0 | % | 112,900 | 5.645.010,50 | 0,15 |
| XS1314318301 | Group Inc. MTN 18/28 1,1250 % The Procter & Gam- | EUR | 5.100.000 | 0 | 0 | % | 109,771 | 5.598.340,89 | 0,15 |
| XS1401105587 | ble Co. Bonds 15/23 0,3750 % The Toronto-Dominion | EUR | 5.000.000 | 0 | 0 | % | 103,505 | 5.175.263,00 | 0,14 |
| XS2058556296 | Bank MT Cov. Bds 16/23 0,1250 % Thermo Fisher Sci- | EUR | 3.100.000 | 0 | 0 | % | 101,504 | 3.146.624,93 | 0,08 |
|  | entific Inc. Notes 19/25 | EUR | 1.400.000 | 0 | 0 | % | 100,497 | 1.406.961,50 | 0,04 |
| XS2290960520 XS1109744778 | 1,6250 % TotalEnergies SE FLR MTN 21/Und. 1,8750 % Transurban Finance | EUR | 2.850.000 | 2.850.000 | 0 | % | 100,270 | 2.857.690,73 | 0,08 |
| XS1997077364 | Co. Pty Ltd MTN 14/24 1,4500 % Transurban Finance | EUR | 5.000.000 | 5.000.000 | 0 | % | 105,757 | 5.287.840,00 | 0,14 |
| XS2114807691 | Co. Pty Ltd MTN 19/29 0,0000 % Tyco Electronics Group S.A. Notes 20/25 | EUR EUR | 4.700.000 2.300.000 | 0 0 | 0 0 | % % | 105,392 100,347 | 4.953.407,08 2.307.980,77 | 0,13 0,06 |
| CH0520042489 CH0595205524 | 0,2500 % UBS Group AG FLR Notes 20/26 0,2500 % UBS Group AG Non- | EUR | 2.500.000 | 0 | 0 | % | 100,421 | 2.510.517,00 | 0,07 |
| FR0013405032 | Preferred MTN 21/28 1,0000 % Unibail-Rodamco- | EUR | 5.000.000 | 5.000.000 | 0 | % | 98,991 | 4.949.527,00 | 0,13 |
|  | Westfield SE MTN 19/27 | EUR | 1.900.000 | 0 | 0 | % | 104,080 | 1.977.521,90 | 0,05 |

Vermögensaufstellung zum 30.06.2021
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2021 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FR0013456621 | 0,8750 % Unibail-Rodamco- |  |  |  |  |  |  |  |  |
| DE000HV2ASU1 | Westfield SE MTN 19/32 0,0100 % UniCredit Bank AG HVB | EUR | 5.000.000 | 0 | 0 | % | 97,507 | 4.875.332,50 | 0,13 |
| XS1178970106 | MTN Hyp.-Pfe. S.2064 19/27 0,5000 % Unilever Fin. Nether- | EUR | 2.200.000 | 0 | 0 | % | 101,182 | 2.226.012,80 | 0,06 |
| XS1403014936 | lands B.V. MTN 15/22 0,5000 % Unilever Fin. Nether- | EUR | 3.750.000 | 0 | 0 | % | 100,572 | 3.771.466,50 | 0,10 |
| FR0013128584 | lands B.V. MTN 16/24 0,6250 % Union Natle Interp. | EUR | 3.200.000 | 0 | 0 | % | 102,241 | 3.271.707,52 | 0,09 |
|  | Em.Com.Ind. MTN 16/26 | EUR | 11.000.000 | 0 | 0 | % | 104,304 | 11.473.444,40 | 0,30 |
| FR0013230943 | 0,6250 % Valéo S.E. MTN 17/23 | EUR | 3.700.000 | 0 | 0 | % | 100,753 | 3.727.874,69 | 0,10 |
| FR0013394681 | 0,8920 % Veolia Environnement S.A. MTN 19/24 | EUR | 3.100.000 | 0 | 0 | % | 102,379 | 3.173.762,02 | 0,08 |
| FR0013476595 XS1405766624 | 0,6640 % Veolia Environnement S.A. MTN 20/31 1,3750 % Verizon Communica- | EUR | 2.600.000 | 0 | 0 | % | 101,051 | 2.627.330,16 | 0,07 |
| XS1979280853 | tions Inc. Notes 16/28 0,8750 % Verizon Communica- | EUR | 6.000.000 | 0 | 0 | % | 106,626 | 6.397.551,00 | 0,17 |
|  | tions Inc. Notes 19/27 | EUR | 5.000.000 | 5.000.000 | 0 | % | 103,388 | 5.169.403,50 | 0,14 |
| FR0013220399 | 1,1250 % Vivendi S.A. Bonds 16/23 | EUR | 7.500.000 | 0 | 0 | % | 102,880 | 7.716.036,00 | 0,20 |
| XS1372839214 | 2,2000 % Vodafone Group PLC MTN 16/26 | EUR | 5.000.000 | 5.000.000 | 0 | % | 110,578 | 5.528.899,50 | 0,15 |
| XS2002018500 | 1,6250 % Vodafone Group PLC MTN 19/30 | EUR | 5.000.000 | 5.000.000 | 0 | % | 109,098 | 5.454.905,50 | 0,14 |
| DE000A19X8A4 | 1,5000 % Vonovia Finance B.V. MTN 18/26 | EUR | 5.000.000 | 5.000.000 | 0 | % | 106,563 | 5.328.160,50 | 0,14 |
| XS1856797300 | 0,7500 % Westpac Banking Corp. MTN 18/23 | EUR | 5.000.000 | 5.000.000 | 0 | % | 102,574 | 5.128.708,00 | 0,14 |
| XS2010039894 | 3,0000 % ZF Europe Finance B.V. Notes 19/29 | EUR | 3.000.000 | 0 | 0 | % | 104,809 | 3.144.255,60 | 0,08 |
| Sonstige Beteiligungswertpapiere |  |  |  |  |  |  | 16.756.753,55 | 0,44 |
| Schweiz |  |  |  |  |  |  | 16.756.753,55 | 0,44 |
| CH0010570767	Chocoladefabriken Lindt & |  |  |  |  |  |  |  |  |
| Sprüngli Inh.-Par.schein | STK | 1.978 | 0 | 121 | CHF | 9.295,000 | 16.756.753,55 | 0,44 |
| An organisierten Märkten zugelassene oder in diese einbezogene Wertpapiere |  |  |  |  |  | 78.692.969,39 | 2,08 |
| Verzinsliche Wertpapiere |  |  |  |  |  |  | 78.692.969,39 | 2,08 |
| EUR-Anleihen |  |  |  |  |  |  | 78.692.969,39 | 2,08 |
| XS1402941790	0,6250 % ABB Finance B.V. MTN 16/23 XS1117299484	1,0000 % Air Products & Che- | EUR | 5.300.000 | 0 | 0 | % | 101,471 | 5.377.955,05 | 0,14 |
| micals Inc. Notes 15/25 XS1379122101	1,5000 % América Móvil S.A.B. | EUR | 3.300.000 | 0 | 0 | % | 104,323 | 3.442.671,21 | 0,09 |
| de C.V. Notes 16/24 | EUR | 4.500.000 | 0 | 0 | % | 104,148 | 4.686.639,75 | 0,12 |
| XS2079716853	0,0000 % Apple Inc. Notes 19/25 | EUR | 2.350.000 | 0 | 0 | % | 100,635 | 2.364.915,69 | 0,06 |
| XS1527556192	1,6250 % ASML Holding N.V. Notes 16/27 | EUR | 1.700.000 | 0 | 0 | % | 108,893 | 1.851.185,08 | 0,05 |
| XS2010032378	0,2500 % ASML Holding N.V. Notes 20/30 | EUR | 5.150.000 | 0 | 0 | % | 99,506 | 5.124.539,43 | 0,14 |
| XS0993145084	2,6500 % AT & T Inc. Notes 13/21 XS2082818951	1,1250 % Australia & N. Z. Bkg | EUR | 5.900.000 | 0 | 0 | % | 100,650 | 5.938.359,44 | 0,16 |
| Grp Ltd. FLR MTN 19/29 XS2294372169	0,6690 % Australia & N. Z. Bkg | EUR | 5.000.000 | 5.000.000 | 0 | % | 102,217 | 5.110.849,00 | 0,14 |
| Grp Ltd. FLR MTN 21/31 | EUR | 1.900.000 | 1.900.000 | 0 | % | 99,619 | 1.892.756,63 | 0,05 |
| XS2308321962	0,1000 % Booking Holdings Inc. Notes 21/25 XS1117298247	1,9000 % Discovery Communi- | EUR | 1.150.000 | 1.150.000 | 0 | % | 100,274 | 1.153.148,70 | 0,03 |
| cations LLC Notes 15/27 XS2075185228	0,9000 % Harley Davidson Finl | EUR | 5.000.000 | 5.000.000 | 0 | % | 107,109 | 5.355.440,00 | 0,14 |
| Serv.Inc. Notes 19/24 | EUR | 1.000.000 | 0 | 0 | % | 102,239 | 1.022.387,00 | 0,03 |
| XS1531060025	0,5000 % Knorr-Bremse AG MTN 16/21 XS2049630887	0,1180 % Mizuho Financial | EUR | 3.150.000 | 0 | 0 | % | 100,164 | 3.155.179,55 | 0,08 |
| Group Inc. MTN 19/24 XS2098350965	0,7970 % Mizuho Financial | EUR | 4.700.000 | 0 | 0 | % | 100,618 | 4.729.027,20 | 0,13 |
| Group Inc. MTN 20/30 XS2312722916	0,2500 % Mondelez Internati- | EUR | 4.500.000 | 0 | 0 | % | 101,668 | 4.575.075,30 | 0,12 |
| onal Inc. Notes 21/28 XS1872032369	0,6250 % National Austra- | EUR | 3.400.000 | 3.400.000 | 0 | % | 99,242 | 3.374.214,74 | 0,09 |
| lia Bank Ltd. MTN 18/23 | EUR | 5.000.000 | 5.000.000 | 0 | % | 102,118 | 5.105.908,50 | 0,13 |
| XS1395057430	1,1250 % Telstra Corp. Ltd. MTN 16/26 XS1716616179	1,1000 % Whirlpool Fin. Luxem- | EUR | 7.000.000 | 0 | 0 | % | 105,154 | 7.360.808,00 | 0,19 |
| bourg Sarl Notes 17/27 | EUR | 5.000.000 | 5.000.000 | 0 | % | 104,602 | 5.230.089,50 | 0,14 |
| XS1203856072	1,2500 % Yorkshire Building Society MTN 15/22 | EUR | 1.820.000 | 0 | 0 | % | 101,199 | 1.841.819,62 | 0,05 |
| Summe Wertpapiervermögen |  |  |  |  | EUR |  | 3.726.822.261,01 | 98,53 |
| Bankguthaben, Geldmarktpapiere, Geldmarkt- und geldmarktnahe Fonds |  |  |  |  |  |  |  |  |
| Bankguthaben |  |  |  |  |  |  |  |  |
| EUR-Guthaben bei der Verwahrstelle |  |  |  |  |  |  |  |  |

Vermögensaufstellung zum 30.06.2021
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. | Bestand | Käufe/	Verkäufe/ |  | Kurs | Kurswert | % des |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  | Anteile bzw. Währung | 30.06.2021 | Zugänge	Abgänge im Berichtszeitraum |  |  | in EUR | Fondsver- mögens |
|  | State Street Bank International GmbH |  | EUR | 39.241.611,13 |  | % | 100,000 | 39.241.611,13 | 1,04 |
| Guthaben in sonstigen EU/EWR-Währungen |
| State Street Bank International GmbH | DKK | 76.860,95 | % | 100,000 | 10.336,12 | 0,00 |
| State Street Bank International GmbH | NOK | 757.282,40 | % | 100,000 | 74.376,45 | 0,00 |
| State Street Bank International GmbH | PLN | 13.686,32 | % | 100,000 | 3.033,52 | 0,00 |
| State Street Bank International GmbH | SEK | 2.997.961,22 | % | 100,000 | 296.109,56 | 0,01 |
| Guthaben in Nicht-EU/EWR-Währungen |
| State Street Bank International GmbH | AUD | 2.341,25 | % | 100,000 | 1.478,95 | 0,00 |
| State Street Bank International GmbH | CHF | 441.491,46 | % | 100,000 | 402.380,11 | 0,01 |
| State Street Bank International GmbH | GBP | 85.144,79 | % | 100,000 | 98.965,29 | 0,00 |
| State Street Bank International GmbH | USD | 22.207,51 | % | 100,000 | 18.660,99 | 0,00 |

| Summe Bankguthaben |  | EUR | 40.146.952,12 | 1,06 |
| --- | --- | --- | --- | --- |
| Summe der Bankguthaben, Geldmarktpapiere, Geldmarkt- und geldmarktnahe Fonds  30) |  | EUR | 40.146.952,12 | 1,06 |
| Sonstige Vermögensgegenstände |  |  |  |  |
| Zinsansprüche	EUR | 12.344.282,87 |  | 12.344.282,87 | 0,33 |
| Dividendenansprüche	EUR | 394.141,70 |  | 394.141,70 | 0,01 |
| Forderungen aus Anteilscheingeschäften	EUR | 2.778.519,91 |  | 2.778.519,91 | 0,07 |
| Forderungen aus Wertpapiergeschäften	EUR | 2.503.452,86 |  | 2.503.452,86 | 0,07 |
| Forderungen aus Devisenspots	EUR | 2.505.018,33 |  | 2.505.018,33 | 0,07 |
| Forderungen aus Quellensteuerrückerstattung	EUR | 4.658.545,61 |  | 4.658.545,61 | 0,12 |
| Summe Sonstige Vermögensgegenstände |  | EUR | 25.183.961,28 | 0,67 |
| Sonstige Verbindlichkeiten |  |  |  |  |
| Verbindlichkeiten aus Anteilscheingeschäften	EUR | -759.065,62 |  | -759.065,62 | -0,02 |
| Verbindlichkeiten aus Wertpapiergeschäften	EUR | -3.172.980,14 |  | -3.172.980,14 | -0,08 |
| Verbindlichkeiten aus Devisenspots	EUR | -2.508.929,66 |  | -2.508.929,66 | -0,07 |
| Kostenabgrenzung	EUR | -3.490.502,55 |  | -3.490.502,55 | -0,09 |
| Summe Sonstige Verbindlichkeiten |  | EUR | -9.931.477,97 | -0,26 |
| Fondsvermögen |  | EUR | 3.782.221.696,44 | 100,00 |
| Summe der umlaufenden Anteile aller Anteilklassen |  | STK | 50.517.674 |  |

30) 
Im Bankguthaben können Cash Initial Margin enthalten sein.
| Kapital Plus A (EUR) |  |
| --- | --- |
| ISIN | DE0008476250 |
| Fondsvermögen | 3.614.804.836,91 |
| Umlaufende Anteile | 49.978.731,654 |
| Anteilwert | 72,33 |
| Kapital Plus I (EUR) |  |
| ISIN | DE0009797613 |
| Fondsvermögen | 79.744.857,94 |
| Umlaufende Anteile | 63.077,602 |
| Anteilwert | 1.264,23 |
| Kapital Plus Multi Asset 30 CT (EUR) |
| ISIN | DE000A2DU1Y2 |
| Fondsvermögen | 40.768.547,49 |
| Umlaufende Anteile | 372.881,288 |
| Anteilwert | 109,33 |
| Kapital Plus P (EUR) |  |
| ISIN | DE000A14N9U7 |
| Fondsvermögen | 8.414.213,52 |
| Umlaufende Anteile | 7.136,975 |
| Anteilwert | 1.178,96 |
| Kapital Plus P2 (EUR) |  |
| ISIN | DE0009797589 |
| Fondsvermögen | 30.167.747,12 |
| Umlaufende Anteile | 23.068,471 |
| Anteilwert | 1.307,75 |
| Kapital Plus R (EUR) |  |
| ISIN | DE000A2DU1L9 |
| Fondsvermögen | 8.321.493,46 |
| Umlaufende Anteile | 72.777,525 |
| Anteilwert | 114,34 |

Wertpapierkurse bzw. Marktsätze
Die Vermögensgegenstände des Sondervermögens sind auf der Grundlage nachstehender Kurse/Marktsätze bewertet:
Internationale Obligationen: Kurse per 29.06.2021 oder letztbekannte
Alle anderen Vermögenswerte: Kurse bzw. Marktsätze per 30.06.2021 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 herrührenden Marktauswirkungen ab. Darüber hi- nausgehende Anpassungen waren zum Zeitpunkt der Aufstellung des Halbjahresberichts nicht erforderlich.
Die in diesem Halbjahresbericht ausgewiesenen Anlagen werden i.H.v. 98,53% des Fondsvermögens mit handelbaren Börsenkursen oder Marktpreisen und 0,00% zu abgeleiteten Verkehrswerten bzw. validierten Kursstellungen von Brokern bewertet. Die verbleibenden 1,47% des Fondsvermögens bestehen aus Sonstigen Vermögensgegenständen, Sonstigen Verbindlichkeiten sowie Barvermögen.
Devisenkurs(e) bzw. Konversionsfaktor(en) (in Mengennotiz) per 30.06.2021
| Großbritannien, Pfund | (GBP) | 1 Euro = GBP | 0,86035 |
| --- | --- | --- | --- |
| Dänemark, Kronen | (DKK) | 1 Euro = DKK | 7,43615 |
| Norwegen, Kronen | (NOK) | 1 Euro = NOK | 10,18175 |
| Schweden, Kronen | (SEK) | 1 Euro = SEK | 10,12450 |
| Schweiz, Franken | (CHF) | 1 Euro = CHF | 1,09720 |
| Polen, Zloty | (PLN) | 1 Euro = PLN | 4,51170 |
| USA, Dollar | (USD) | 1 Euro = USD | 1,19005 |
| Australien, Dollar | (AUD) | 1 Euro = AUD | 1,58305 |

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 Aktien
Deutschland
| DE0005785604 | Fresenius SE & Co. KGaA Inhaber-Stammaktien | STK | 0 | 422.049 |
| --- | --- | --- | --- | --- |
| Großbritannien |  |  |  |  |
| GB00B10RZP78 | Unilever PLC Reg.Shares | STK | 0 | 345.931 |
| Verzinsliche Wertpapiere EUR-Anleihen |
| XS1843444081 | 1,0000 % Altria Group Inc. Notes 19/23 | EUR | 0 | 2.600.000 |
| XS1121177767 | 1,7500 % Bertelsmann SE & Co. KGaA MTN Anl. 14/24 | EUR | 0 | 3.200.000 |
| XS1377680381 | 0,6250 % British Telecommunications PLC MTN 16/21 | EUR | 0 | 2.900.000 |
| XS1388661651 | 0,3750 % Deutsche Post AG MTN 16/21 | EUR | 0 | 1.900.000 |
| DE000EAA0517 | 0,0000 % Erste Abwicklungsanstalt IHS MTN 19/22 | EUR | 0 | 9.000.000 |
| EU000A285VM2 | 0,0000 % Europaeische Union MTN 20/35 | EUR | 11.000.000 | 18.000.000 |
| XS1937060884 | 0,7000 % Fedex Corp. Notes 19/22 | EUR | 0 | 1.750.000 |
| XS2047479469 | 0,5000 % HELLA GmbH & Co. KGaA Anl. 19/27 | EUR | 0 | 2.000.000 |
| XS1951313680 | 1,1250 % Imperial Brands Finance PLC MTN 19/23 | EUR | 0 | 2.150.000 |
| XS1371532547 | 0,3750 % Macquarie Bank Ltd. Mortg.Cov. MTN 16/21 | EUR | 0 | 3.450.000 |
| XS1403263723 | 0,5000 % McDonald‘s Corp. MTN 16/21 | EUR | 0 | 1.600.000 |
| XS1028941976 | 1,1250 % Merck & Co. Inc. Notes 14/21 | EUR | 0 | 2.000.000 |
| XS2103230152 | 0,5000 % POSCO Notes 20/24 Reg.S | EUR | 0 | 1.300.000 |
| XS1392159825 | 0,5000 % SBAB Bank AB (publ) MTN 16/21 | EUR | 0 | 3.900.000 |
| XS1048521733 | 1,6250 % Shell International Finance BV MTN 14/21 | EUR | 0 | 5.800.000 |
| XS1055536251 | 2,1250 % Sparebank 1 SR-Bank ASA MTN 14/21 | EUR | 0 | 8.000.000 |
| FR0013479748 | 0,2500 % THALES S.A. MTN 20/27 | EUR | 0 | 2.000.000 |
| XS1074382893 | 2,1250 % Wells Fargo & Co. MTN 14/24 | EUR | 0 | 3.800.000 |
| XS1400169931 | 1,3750 % Wells Fargo & Co. MTN 16/26 | EUR | 0 | 3.850.000 |
| XS2056400299 | 0,6250 % Wells Fargo & Co. MTN 19/30 | EUR | 0 | 4.050.000 |

An organisierten Märkten zugelassene oder in diese einbezogene Wertpapiere Verzinsliche Wertpapiere
EUR-Anleihen
XS1061697568	1,7500 % PepsiCo Inc. MTN 14/21	EUR	0	6.000.000
XS1360443979	0,2500 % Santander UK PLC MT Cov. Bds 16/21	EUR	0	5.150.000
Nichtnotierte Wertpapiere Aktien
Schweden
| SE0011166933 | Epiroc AB Namn-Aktier A | STK | 0 | 1.336.575 |
| --- | --- | --- | --- | --- |
| SE0015658125 | Epiroc AB Reg.Redemption Shares A | STK | 1.258.562 | 1.258.562 |
| SE0000103699 | Hexagon AB Namn-Aktier B (fria) | STK | 0 | 532.578 |
| Verzinsliche Wertpapiere EUR-Anleihen |
| DE000DL19UQ0 | 1,6250 % Deutsche Bank AG MTN 19/21 | EUR | 0 | 3.300.000 |
| XS1250034276 | 2,1500 % Thermo Fisher Scientific Inc. Notes 15/22 | EUR | 0 | 6.500.000 |