# Comgest Growth GEM Promising Companies
#### SCHEDULE OF INVESTMENTS
As at 31 December 2019 (expressed in EUR)
Quantity/	Acquisition	Fair Value	% Net
Security	Face value	Currency	cost EUR	EUR	Assets
| Consumer goods |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Goodbaby International Holdings Ltd | 11,289,986 | HKD | 5,218,938 | 2,233,136 | 2.57 |
|  |  |  | 5,218,938 | 2,233,136 | 2.57 |
| Food and distilleries |  |  |  |  |  |
| Gourmet Master Co Ltd | 288,041 | TWD | 1,902,370 | 1,057,178 | 1.22 |
|  |  |  | 1,902,370 | 1,057,178 | 1.22 |
| Holding and finance companies |  |  |  |  |  |
| Pagseguro Digital Ltd | 15,500 | USD | 472,452 | 471,697 | 0.54 |
|  |  |  | 472,452 | 471,697 | 0.54 |
| Pharmaceuticals and cosmetics |  |  |  |  |  |
| 3SBio Inc | 2,904,801 | HKD | 4,328,138 | 3,354,389 | 3.86 |
|  |  |  | 4,328,138 | 3,354,389 | 3.86 |
|  |  |  |  |  |  |
| Total Cayman Islands |  |  | 13,939,132 | 9,218,100 | 10.61 |
| China |  |  |  |  |  |
| Pharmaceuticals and cosmetics Shandong Weigao Group Medical Polyme | r |  |  |  |  |
| Co Ltd - H Shares	2,735,605 | HKD | 2,307,261 | 2,921,299 | 3.36 |
|  |  | 2,307,261 | 2,921,299 | 3.36 |
|  |  |  |  |  |
| Total China |  | 2,307,261 | 2,921,299 | 3.36 |

Colombia
Food and distilleries
|  | Grupo Nutresa SA | 286,551 | COP | 2,267,866 | 1,977,649 | 2.28 |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  | 2,267,866 | 1,977,649 | 2.28 |
|  |  |  |  |  |  |
| Total Colombia |  |  |  | 2,267,866 | 1,977,649 | 2.28 |
| Egypt |  |  |  |  |  |  |
| Banks and financial institutions |
| Commercial International Bank Egypt SAE | 522,955 | EGP | 1,725,732 | 2,409,814 | 2.78 |
|  |  |  | 1,725,732 | 2,409,814 | 2.78 |

Total Egypt	1,725,732	2,409,8142.78
| Comgest Growth GEM Promising Companies |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| SCHEDULE OF INVESTMENTS As at 31 December 2019 (expressed in EUR) |  |  |  |  |  |
| Security | Quantity/ Face value | Currency | Acquisition cost EUR | Fair Value EUR | % Net Assets |
| Great Britain |  |  |  |  |  |
| Healthcare education and social services |  |  |  |  |  |
|  | Mediclinic International PLC | 500,403 | GBP | 3,781,052 | 2,430,764 | 2.80 |
|  |  |  |  | 3,781,052 | 2,430,764 | 2.80 |
|  |  |  |  |  |  |  |
| Total Great Britain |  |  |  | 3,781,052 | 2,430,764 | 2.80 |
| Greece |  |  |  |  |  |  |
| Consumer goods |
|  | JUMBO SA | 83,652 | EUR | 1,205,927 | 1,551,745 | 1.79 |
|  |  |  |  | 1,205,927 | 1,551,745 | 1.79 |
|  |  |  |  |  |  |  |
| Total Greece |  |  |  | 1,205,927 | 1,551,745 | 1.79 |
| India |  |  |  |  |  |  |
| Holding and finance companies |
| Shriram Transport Finance Co Ltd | 124,938 | INR | 1,670,925 | 1,826,166 | 2.10 |
|  |  |  | 1,670,925 | 1,826,166 | 2.10 |
| Transportation |
|  | Container Corp Of India Ltd | 257,328 | INR | 1,199,845 | 1,836,788 | 2.12 |
|  |  |  |  | 1,199,845 | 1,836,788 | 2.12 |
|  |  |  |  |  |  |  |
| Total India |  |  |  | 2,870,770 | 3,662,954 | 4.22 |
| Indonesia |  |  |  |  |  |  |
| News transmission |
| Sarana Menara Nusantara Tbk PT | 36,889,007 | IDR | 1,871,233 | 1,905,548 | 2.19 |
|  |  |  | 1,871,233 | 1,905,548 | 2.19 |

Total Indonesia	1,871,233	1,905,5482.19
| Comgest Growth GEM Promising Companies |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| SCHEDULE OF INVESTMENTS |  |  |  |  |  |
| As at 31 December 2019 |  |  |  |  |  |
| (expressed in EUR) |  |  |  |  |  |
|  | Quantity/ |  | Acquisition | Fair Value | % Net |
| Security | Face value | Currency | cost EUR | EUR | Assets |
| Jersey |  |  |  |  |  |
| Healthcare education and social services |  |  |  |  |  |
|  | Integrated Diagnostics Holdings PLC | 489,621 | USD | 1,417,419 | 1,744,665 | 2.01 |
|  |  |  |  | 1,417,419 | 1,744,665 | 2.01 |
|  |  |  |  |  |  |  |
| Total Jersey |  |  |  | 1,417,419 | 1,744,665 | 2.01 |
| Luxembourg |  |  |  |  |  |  |
| Textile |  |  |  |  |  |  |
|  | Samsonite International SA | 1,763,945 | HKD | 5,972,519 | 3,771,398 | 4.34 |
|  |  |  |  | 5,972,519 | 3,771,398 | 4.34 |
|  |  |  |  |  |  |  |
| Total Luxembourg |  |  |  | 5,972,519 | 3,771,398 | 4.34 |
| Mexico |  |  |  |  |  |  |
| Leisure |  |  |  |  |  |  |
| Hoteles City Express SAB de CV | 1,990,255 | MXN | 2,421,657 | 1,220,598 | 1.41 |
|  |  |  | 2,421,657 | 1,220,598 | 1.41 |
| Public services Infraestructura Energetica Nova SAB de CV | 745,694 | MXN | 3,064,089 | 3,123,176 | 3.60 |

3,064,089	3,123,176	3.60
Total Mexico	5,485,746	4,343,7745.01
South Africa
Holding and finance companies
| Curro Holdings Ltd | 1,209,167 | ZAR | 2,682,056 | 1,363,510 | 1.57 |
| --- | --- | --- | --- | --- | --- |
| Discovery Ltd | 441,576 | ZAR | 3,357,639 | 3,393,591 | 3.91 |
|  |  |  | 6,039,695 | 4,757,101 | 5.48 |

Total South Africa	6,039,695	4,757,1015.48

Translation (ENDE, 2019-12-31):
# Comgest Growth GEM Promising Companies
WESENTLICHE BESTANDSVERÄNDERUNGEN im Geschäftsjahr zum 31. Dezember 2019
| Käufe |  |  |  |
| --- | --- | --- | --- |
| Prozentualer Anteil |
| Wertpapier | Stück | Betrag (EUR) | Käufe |
| Arezzo Industria e Comercio SA | 433.054 | 4.856.531 | 13,89 |
| Noah Holdings Ltd | 89.800 | 3.428.460 | 9,81 |
| Medy-Tox Inc | 10.421 | 3.292.379 | 9,42 |
| Shandong Weigao Group Medical Polymer Co Ltd – H-Aktien | 3.844.000 | 3.242.103 | 9,27 |
| Minth Group Ltd | 1.024.498 | 3.082.704 | 8,82 |
| JUMBO SA | 188.012 | 2.710.381 | 7,75 |
| Yandex NV – A-Aktien | 76.300 | 2.406.760 | 6,88 |
| International Container Terminal Services Inc | 1.318.580 | 2.390.806 | 6,84 |
| Safaricom PLC | 5.873.300 | 1.275.942 | 3,65 |
| BIM Birlesik Magazalar AS | 192.418 | 1.034.808 | 2,96 |
| Grupo Aeroportuario del Sureste SAB de CV – A-Aktien | 56.190 | 879.944 | 2,52 |
| Discovery Ltd | 135.000 | 835.902 | 2,39 |
| Commercial International Bank Egypt SAE | 509.806 | 745.585 | 2,13 |
| 3SBio Inc | 531.437 | 688.239 | 1,97 |
| Inner Mongolia Yili Industrial Group Co Ltd – A-Aktien | 216.200 | 681.328 | 1,95 |
| Linx SA | 91.105 | 625.364 | 1,79 |
| 58.com Inc | 11.822 | 614.796 | 1,76 |
| Autohome Inc | 7.756 | 508.741 | 1,46 |
| Pagseguro Digital Ltd | 15.500 | 472.452 | 1,35 |
| Odontoprev SA | 71.452 | 241.204 | 0,69 |