OVHaiLLM/Flipper huggingface dataset:
Note 12 - Significant events during the financial statements reporting period
On 4th December 2020, the name of the Management Company BLI - BANQUE DE LUXEMBOURG INVESTMENTS S.A. was changed and Article 1 of the Articles of Incorporation now states as follows:
“There is a public limited company under the name of "BLI - Banque de Luxembourg Investments" (the "Company"). The Company may also operate under the trade name "Conventum Third Party Solutions" or "Conventum TPS".”
Split and Reverse Split of shares of the sub-fund BL Equities Europe
The SICAV’s Board of Directors decided to carry out the following corporate actions:
- split of the Class B shares of BL Equities Europe (ISIN LU0093570330) on the basis of 83 new shares for every 1 share held (the "Split class B BL-Equities Europe")
- reverse split of the Class Bl shares of BL Equities Europe (ISIN LU0439765321) on the basis of 1 new share for every 5 shares held (the "Reverse Split class BI BL-Equities Europe").

Translation (ENDE, 2021-09-30):
Erläuterung 12 - Wesentlichen Ereignisse während des Referenzzeitraums der Finanzberichte
Am 4. Dezember 2020 wurde der Name der Verwaltungsgesellschaft BLI - BANQUE DE LUXEMBOURG INVESTMENTS S.A. geändert, wobei Artikel 1 der Satzung wie folgt lautete:
„Es besteht eine Aktiengesellschaft unter dem Namen "BLI - Banque de Luxembourg Investments" (die "Gesellschaft"). Die Gesellschaft kann auch unter dem Handelsnamen "Conventum Third Party Solutions" oder "Conventum TPS" handeln.“
Split und Zusammenlegung von Anteilsklassen des Teilfonds BL-Equities Europe
Der Verwaltungsrat der SICAV hat beschlossen, folgende Transaktionen vorzunehmen:
- Aktiensplit im Teilfonds BL-Equities Europe (ISIN LU0093570330), Anteilsklasse B, zum Preis von 83 neuen Aktien für 1 gehaltene Aktie („Split Anteilsklasse B BL-Equities Europe“)
- Aktienzusammenlegung im Teilfonds BL-Equities Europe (ISIN LU0093570330), Anteilsklasse BI, zum Preis von 1 neuen Aktie für 5 gehaltene Aktien („Zusammenlegung Anteilsklasse BI BL-Equities Europe“).
| Name of the sub funds | Net assets at the end of the reporting period(approximatively) |
| --- | --- |
|  | In the reference currency of the sub-fund | in EUR |
| BL Fund Selection - Equities | EUR | 98 | 98 |
| BL Fund Selection – 50-100 | EUR | 110 | 110 |
| BL Fund Selection – 0-50 | EUR | 439 | 439 |
| BL Fund Selection – Alternative Strategies | EUR | 315 | 315 |
| BL Fund Selection – Smart Evolution | EUR | 46 | 46 |
| TOTAL (EUR) |  |  | 1 009 |

Translation (ENDE, 2021-09-30):
| Name der Teilfonds | Nettovermögen per Ende des Geschäftsjahres (auf Mio. kaufmännish gerundet) |
| --- | --- |
|  | Referenzwährung des Fonds | in EUR |
| BL Fund Selection - Equities | EUR | 98 | 98 |
| BL Fund Selection - 50-100 | EUR | 110 | 110 |
| BL Fund Selection - 0-50 | EUR | 439 | 439 |
| BL Fund Selection - Alternative Strategies | EUR | 315 | 315 |
| BL Fund Selection - Smart Evolution | EUR | 46 | 46 |
| TOTAL (EUR) |  |  | 1 009 |
| Assets |  |
| --- | --- |
| Securities portfolio at market value | 991,192,839.54 |
| Deposits on futures contracts | 2,427,369.18 |
| Cash at banks | 20,918,181.32 |
| Formation expenses, net | 12,016.07 |
| Receivable on sales of securities | 406,429.19 |
| Receivable on issues of shares | 462,285.88 |
| Unrealised gain on futures contracts | 1,242,138.79 |
| Unrealised gain on forward foreign exchange contracts | 195,609.64 |
| Equalisation factor | 32,867.85 |
| Prepaid expenses | 	3,783.38 |
| Total assets | 1,016,893,520.84 |
| Liabilities |  |
| Bank overdrafts | 19,186.29 |
| Redeemable cash collateral received | 110,000.00 |
| Payable on redemptions of shares | 196,723.07 |
| Expenses payable | 7,007,424.24 |
| Other liabilities | 	965,258.02 |
| Total liabilities | 8,298,591.62 |
| Net assets at the end of the year | 1,008,594,929.22 |

Translation (ENDE, 2021-09-30):
| Aktiva |  |
| --- | --- |
| Wertpapierbestand zum Marktwert | 991.192.839,54 |
| Sicherungseinlagen für Terminkontrakte | 2.427.369,18 |
| Bankguthaben | 20.918.181,32 |
| Gründungskosten, netto | 12.016,07 |
| Forderungen aus Wertpapierverkäufen | 406.429,19 |
| Ausstehende Zeichnungsbeträge | 462.285,88 |
| Nicht realisierter Gewinn aus Terminkontrakten | 1.242.138,79 |
| Nicht realisierter Gewinn aus Devisentermingeschäften | 195.609,64 |
| "Equalisation factor" | 32.867,85 |
| Rechnungsabgrenzungsposten | 	3.783,38 |
| Gesamtaktiva | 1.016.893.520,84 |
| Passiva |  |
| Bankverbindlichkeiten | 19.186,29 |
| Verbindlichkeiten aus erhaltenen Barsicherheiten | 110.000,00 |
| Ausstehende Zahlungen aus der Rücknahme von Anteilen | 196.723,07 |
| Sonstige Verbindlichkeiten | 7.007.424,24 |
| Sonstige Passiva | 	965.258,02 |
| Gesamtpassiva | 8.298.591,62 |
| Nettovermögen am Ende des Geschäftsjahres | 1.008.594.929,22 |
| Assets |  |
| --- | --- |
| Securities portfolio at market value | 97,388,206.41 |
| Deposits on futures contracts | 198,429.82 |
| Cash at banks | 736,781.12 |
| Receivable on sales of securities | 406,429.19 |
| Receivable on issues of shares | 10,838.84 |
| Unrealised gain on futures contracts | 130,316.62 |
| Prepaid expenses | 	377.32  |
| Total assets | 98,871,379.32 |
| Liabilities |  |
| Bank overdrafts | 69.51 |
| Payable on redemptions of shares | 34,375.04 |
| Expenses payable | 306,033.96 |
| Other liabilities | 	85,454.23  |
| Total liabilities | 425,932.74 |
| Net assets at the end of the year | 98,445,446.58 |

Translation (ENDE, 2021-09-30):
| Aktiva |  |
| --- | --- |
| Wertpapierbestand zum Marktwert | 97.388.206,41 |
| Sicherungseinlagen für Terminkontrakte | 198.429,82 |
| Bankguthaben | 736.781,12 |
| Forderungen aus Wertpapierverkäufen | 406.429,19 |
| Ausstehende Zeichnungsbeträge | 10.838,84 |
| Nicht realisierter Gewinn aus Terminkontrakten | 130.316,62 |
| Rechnungsabgrenzungsposten | 	377,32  |
| Gesamtaktiva | 98.871.379,32 |
| Passiva |  |
| Bankverbindlichkeiten | 69,51 |
| Ausstehende Zahlungen aus der Rücknahme von Anteilen | 34.375,04 |
| Sonstige Verbindlichkeiten | 306.033,96 |
| Sonstige Passiva | 	85.454,23  |
| Gesamtpassiva | 425.932,74 |
| Nettovermögen am Ende des Geschäftsjahres | 98.445.446,58 |
| Share class | Number of shares | Currency of share class | NAV per share in currency of share class | Net assets per share class (in EUR) |
| --- | --- | --- | --- | --- |
| A | 1,401.787 | EUR | 103.84 | 145,568.51 |
| B | 270,347.898 | EUR | 280.88 | 75,934,671.58 |
| BI | 16,188.543 | EUR | 1,381.55 | 	22,365,206.49  |
|  |  |  |  | 	98,445,446.58  |

Translation (ENDE, 2021-09-30):
| Anteilklasse | Anzahl der Anteile | Währung Anteil | NIW pro Anteil in Währung der Anteilklasse | Nettovermögen pro Anteilklasse (in EUR) |
| --- | --- | --- | --- | --- |
| A | 1.401,787 | EUR | 103,84 | 145.568,51 |
| B | 270.347,898 | EUR | 280,88 | 75.934.671,58 |
| BI | 16.188,543 | EUR | 1.381,55 | 	22.365.206,49  |
|  |  |  |  | 	98.445.446,58  |
| Number of shares | outstanding at the beginning of the year | issued | redeemed | outstanding at the end of the year |
| --- | --- | --- | --- | --- |
| A | - | 1,401.787 | - | 1,401.787 |
| B | 275,717.424 | 14,598.882 | -19,968.408 | 270,347.898 |
| BI | 16,311.385 | 1,009.889 | -1,132.731 | 16,188.543 |

Translation (ENDE, 2021-09-30):
| Anzahl der Anteile | im Umlauf zu Beginn des Geschäftsjahres | ausgegeben | zurückgenommen | im Umlauf am Ende des Geschäftsjahres |
| --- | --- | --- | --- | --- |
| A | - | 1.401,787 | - | 1.401,787 |
| B | 275.717,424 | 14.598,882 | -19.968,408 | 270.347,898 |
| BI | 16.311,385 | 1.009,889 | -1.132,731 | 16.188,543 |
| Assets |  |
| --- | --- |
| Securities portfolio at market value | 107,176,214.51 |
| Cash at banks | 2,738,894.73 |
| Receivable on issues of shares | 106,771.90 |
| Prepaid expenses | 	436.44  |
| Total assets | 110,022,317.58 |
| Liabilities |  |
| Payable on redemptions of shares | 51,795.76 |
| Expenses payable | 	362,158.24  |
| Total liabilities | 413,954.00 |
| Net assets at the end of the year | 109,608,363.58 |

Translation (ENDE, 2021-09-30):
| Aktiva |  |
| --- | --- |
| Wertpapierbestand zum Marktwert | 107.176.214,51 |
| Bankguthaben | 2.738.894,73 |
| Ausstehende Zeichnungsbeträge | 106.771,90 |
| Rechnungsabgrenzungsposten | 	436,44  |
| Gesamtaktiva | 110.022.317,58 |
| Passiva |  |
| Ausstehende Zahlungen aus der Rücknahme von Anteilen | 51.795,76 |
| Sonstige Verbindlichkeiten | 	362.158,24  |
| Gesamtpassiva | 413.954,00 |
| Nettovermögen am Ende des Geschäftsjahres | 109.608.363,58 |
| Share class | Number of shares | Currency of share class | NAV per share in currency of share class | Net assets per share class (in EUR) |
| --- | --- | --- | --- | --- |
| A | 2,644.551 | EUR | 123.32 | 326,125.43 |
| B | 431,561.122 | EUR | 229.83 | 99,185,007.69 |
| BI | 7,900.562 | EUR | 1,278.04 | 	10,097,230.46  |
|  |  |  |  | 	109,608,363.58  |

Translation (ENDE, 2021-09-30):
| Anteilklasse | Anzahl der Anteile | Währung Anteil | NIW pro Anteil in Währung der Anteilklasse | Nettovermögen pro Anteilklasse (in EUR) |
| --- | --- | --- | --- | --- |
| A | 2.644,551 | EUR | 123,32 | 326.125,43 |
| B | 431.561,122 | EUR | 229,83 | 99.185.007,69 |
| BI | 7.900,562 | EUR | 1.278,04 | 	10.097.230,46  |
|  |  |  |  | 	109.608.363,58  |
| Number of shares | outstanding at the beginning of the year | issued | redeemed | outstanding at the end of the year |
| --- | --- | --- | --- | --- |
| A | 1,553.463 | 1,233.454 | -142.366 | 2,644.551 |
| B | 457,232.805 | 15,210.708 | -40,882.391 | 431,561.122 |
| BI | 8,504.096 | 280.141 | -883.675 | 7,900.562 |

Translation (ENDE, 2021-09-30):
| Anzahl der Anteile | im Umlauf zu Beginn des Geschäftsjahres | ausgegeben | zurückgenommen | im Umlauf am Ende des Geschäftsjahres |
| --- | --- | --- | --- | --- |
| A | 1.553,463 | 1.233,454 | -142,366 | 2.644,551 |
| B | 457.232,805 | 15.210,708 | -40.882,391 | 431.561,122 |
| BI | 8.504,096 | 280,141 | -883,675 | 7.900,562 |
| Tracker funds (UCITS) |
| --- |
| EUR | 465 | Amundi Index Solutions MSCI Europe UCITS ETF Cap | 101,395.56 |  | 128,544.18 |  | 0.12 |
| USD | 25,130 | Vanguard Fds Plc S&P500 UCITS ETF USD Dist | 1,182,002.71 |  | 1,786,645.22 |  | 1.63 |
| Total tracker funds (UCITS) | 1,283,398.27 |  | 1,915,189.40 |  | 1.75 |
| Total investments in securities | 80,337,428.55 |  | 107,176,214.51 |  | 97.78 |
| Cash at banks |  |  | 2,738,894.73 |  | 2.50 |
| Other net assets/(liabilities) |  |  | -306,745.66 |  | -0.28 |
| Total |  |  | 109,608,363.58 |  | 100.00 |

Translation (ENDE, 2021-09-30):
| Indexfonds (OGAW) |
| --- |
| EUR | 465 | Amundi Index Solutions MSCI Europe UCITS ETF Cap | 101.395,56 |  | 128.544,18 |  | 0,12 |
| USD | 25.130 | Vanguard Fds Plc S&P500 UCITS ETF USD Dist | 1.182.002,71 |  | 1.786.645,22 |  | 1,63 |
| Summe Indexfonds (OGAW) | 1.283.398,27 |  | 1.915.189,40 |  | 1,75 |
| Summe des Wertpapierbestandes | 80.337.428,55 |  | 107.176.214,51 |  | 97,78 |
| Bankguthaben |  |  | 2.738.894,73 |  | 2,50 |
| Sonstige Nettoaktiva/(-Passiva) |  |  | -306.745,66 |  | -0,28 |
| Gesamt |  |  | 109.608.363,58 |  | 100,00 |
| Assets |  |
| --- | --- |
| Securities portfolio at market value | 437,498,278.53 |
| Deposits on futures contracts | 2,228,939.36 |
| Cash at banks | 4,601,243.51 |
| Receivable on issues of shares | 211,138.09 |
| Unrealised gain on futures contracts | 1,111,822.17 |
| Prepaid expenses | 	1,662.66  |
| Total assets | 445,653,084.32 |
| Liabilities |  |
| Bank overdrafts | 19,115.86 |
| Payable on redemptions of shares | 58,609.25 |
| Expenses payable | 5,634,940.57 |
| Other liabilities | 	879,803.79  |
| Total liabilities | 6,592,469.47 |
| Net assets at the end of the year | 439,060,614.85 |

Translation (ENDE, 2021-09-30):
| Aktiva |  |
| --- | --- |
| Wertpapierbestand zum Marktwert | 437.498.278,53 |
| Sicherungseinlagen für Terminkontrakte | 2.228.939,36 |
| Bankguthaben | 4.601.243,51 |
| Ausstehende Zeichnungsbeträge | 211.138,09 |
| Nicht realisierter Gewinn aus Terminkontrakten | 1.111.822,17 |
| Rechnungsabgrenzungsposten | 	1.662,66  |
| Gesamtaktiva | 445.653.084,32 |
| Passiva |  |
| Bankverbindlichkeiten | 19.115,86 |
| Ausstehende Zahlungen aus der Rücknahme von Anteilen | 58.609,25 |
| Sonstige Verbindlichkeiten | 5.634.940,57 |
| Sonstige Passiva | 	879.803,79  |
| Gesamtpassiva | 6.592.469,47 |
| Nettovermögen am Ende des Geschäftsjahres | 439.060.614,85 |
| Share class | Number of shares | Currency of share class | NAV per share in currency of share class | Net assets per share class (in EUR) |
| --- | --- | --- | --- | --- |
| A | 468,418.857 | EUR | 111.82 | 52,380,058.74 |
| B | 2,583,506.494 | EUR | 148.72 | 384,213,567.61 |
| BI | 2,085.121 | EUR | 1,183.14 | 	2,466,988.50  |
|  |  |  |  | 	439,060,614.85  |

Translation (ENDE, 2021-09-30):
| Anteilklasse | Anzahl der Anteile | Währung Anteil | NIW pro Anteil in Währung der Anteilklasse | Nettovermögen pro Anteilklasse (in EUR) |
| --- | --- | --- | --- | --- |
| A | 468.418,857 | EUR | 111,82 | 52.380.058,74 |
| B | 2.583.506,494 | EUR | 148,72 | 384.213.567,61 |
| BI | 2.085,121 | EUR | 1.183,14 | 	2.466.988,50  |
|  |  |  |  | 	439.060.614,85  |
| Income |  |
| --- | --- |
| Dividends, net | 20,150.00 |
| Interest on bonds and other debt securities, net | 65,060.31 |
| Bank interest | 2,408.50 |
| Other commissions received | 	282,827.93  |
| Total income | 370,446.74 |
| Expenses |  |
| Management fees | 2,520,975.70 |
| Performance fees | 4,883,671.46 |
| Depositary fees | 181,410.70 |
| Banking charges and other fees | 9,110.26 |
| Transaction fees | 20,014.61 |
| Central administration costs | 114,047.55 |
| Professional fees | 28,902.92 |
| Other administration costs | 55,353.13 |
| Subscription duty ("taxe d'abonnement") | 93,791.70 |
| Other taxes | 119,797.65 |
| Bank interest paid | 85,676.72 |
| Other expenses | 	45,305.62  |
| Total expenses | 8,158,058.02 |
| Net investment loss | -7,787,611.28 |
| Net realised gain/(loss) |  |
| - on securities portfolio | 16,791,229.81 |
| - on futures contracts | -1,893,945.28 |
| - on forward foreign exchange contracts | 651,111.51 |
| - on foreign exchange | 	117,618.04  |
| Realised result | 7,878,402.80 |
| Net variation of the unrealised gain/(loss) |  |
| - on securities portfolio | 32,414,148.29 |
| - on futures contracts | 	-157,064.92  |
| Result of operations | 40,135,486.17 |
| Dividends paid | -666,108.55 |
| Subscriptions | 53,897,563.51 |
| Redemptions | -44,414,067.59 |
| Total changes in net assets | 48,952,873.54 |
| Total net assets at the beginning of the year | 390,107,741.31 |
| Total net assets at the end of the year | 439,060,614.85 |

Translation (ENDE, 2021-09-30):
| Erträge |  |
| --- | --- |
| Nettodividendenerträge | 20.150,00 |
| Nettozinserträge aus Anleihen und anderen Schuldverschreibungen | 65.060,31 |
| Bankzinsen | 2.408,50 |
| Andere erhaltene Kommissionen | 	282.827,93  |
| Gesamterträge | 370.446,74 |
| Aufwendungen |  |
| Verwaltungsvergütung | 2.520.975,70 |
| Erfolgsabhängige Gebühr | 4.883.671,46 |
| Depotgebühren | 181.410,70 |
| Bankspesen und sonstige Gebühren | 9.110,26 |
| Transaktionskosten | 20.014,61 |
| Zentralverwaltungsaufwand | 114.047,55 |
| Honorare externer Dienstleister | 28.902,92 |
| Sonstiger Verwaltungsaufwand | 55.353,13 |
| Kapitalsteuer ("taxe d'abonnement") | 93.791,70 |
| Andere Steuern | 119.797,65 |
| Bezahlte Bankzinsen | 85.676,72 |
| Sonstige Aufwendungen | 	45.305,62  |
| Gesamtaufwendungen | 8.158.058,02 |
| Summe des Nettoverlustes | -7.787.611,28 |
| Nettorealisierte Werterhöhungen / (Wertverminderungen) |  |
| - aus Wertpapieren | 16.791.229,81 |
| - aus Terminkontrakten | -1.893.945,28 |
| - aus Devisentermingeschäften | 651.111,51 |
| - aus Devisengeschäften | 	117.618,04  |
| Realisiertes Ergebnis | 7.878.402,80 |
| Nettoveränderung der nicht realisierten Werterhöhungen / (Wertverminderungen) |  |
| - aus Wertpapieren | 32.414.148,29 |
| - aus Terminkontrakten | 	-157.064,92  |
| Ergebnis | 40.135.486,17 |
| Ausschüttungen | -666.108,55 |
| Zeichnung von Anteilen | 53.897.563,51 |
| Rücknahme von Anteilen | -44.414.067,59 |
| Summe der Veränderungen des Nettovermögens | 48.952.873,54 |
| Nettovermögen zu Beginn des Geschäftsjahres | 390.107.741,31 |
| Nettovermögen am Ende des Geschäftsjahres | 439.060.614,85 |
| Number of shares | outstanding at the beginning of the year | issued | redeemed | outstanding at the end of the year |
| --- | --- | --- | --- | --- |
| A | 420,765.658 | 79,832.268 | -32,179.069 | 468,418.857 |
| B | 2,559,284.486 | 304,780.327 | -280,558.319 | 2,583,506.494 |
| BI | 1,868.352 | 505.067 | -288.298 | 2,085.121 |

Translation (ENDE, 2021-09-30):
| Anzahl der Anteile | im Umlauf zu Beginn des Geschäftsjahres | ausgegeben | zurückgenommen | im Umlauf am Ende des Geschäftsjahres |
| --- | --- | --- | --- | --- |
| A | 420.765,658 | 79.832,268 | -32.179,069 | 468.418,857 |
| B | 2.559.284,486 | 304.780,327 | -280.558,319 | 2.583.506,494 |
| BI | 1.868,352 | 505,067 | -288,298 | 2.085,121 |
| Assets |  |
| --- | --- |
| Securities portfolio at market value | 311,228,070.36 |
| Cash at banks | 4,294,476.02 |
| Formation expenses, net | 488.20 |
| Receivable on issues of shares | 78,732.74 |
| Unrealised gain on forward foreign exchange contracts | 195,609.64 |
| Equalisation factor | 32,867.85 |
| Prepaid expenses | 	1,219.72  |
| Total assets | 315,831,464.53 |
| Liabilities |  |
| Bank overdrafts | 0.92 |
| Redeemable cash collateral received | 110,000.00 |
| Payable on redemptions of shares | 49,353.23 |
| Expenses payable | 	628,501.94  |
| Total liabilities | 787,856.09 |
| Net assets at the end of the year | 315,043,608.44 |

Translation (ENDE, 2021-09-30):
| Aktiva |  |
| --- | --- |
| Wertpapierbestand zum Marktwert | 311.228.070,36 |
| Bankguthaben | 4.294.476,02 |
| Gründungskosten, netto | 488,20 |
| Ausstehende Zeichnungsbeträge | 78.732,74 |
| Nicht realisierter Gewinn aus Devisentermingeschäften | 195.609,64 |
| "Equalisation factor" | 32.867,85 |
| Rechnungsabgrenzungsposten | 	1.219,72  |
| Gesamtaktiva | 315.831.464,53 |
| Passiva |  |
| Bankverbindlichkeiten | 0,92 |
| Verbindlichkeiten aus erhaltenen Barsicherheiten | 110.000,00 |
| Ausstehende Zahlungen aus der Rücknahme von Anteilen | 49.353,23 |
| Sonstige Verbindlichkeiten | 	628.501,94  |
| Gesamtpassiva | 787.856,09 |
| Nettovermögen am Ende des Geschäftsjahres | 315.043.608,44 |
| Share class | Number of shares | Currency of share class | NAV per share in currency of share class | Net assets per share class (in EUR) |
| --- | --- | --- | --- | --- |
| A | 542,244.682 | EUR | 95.77 | 51,932,574.00 |
| B | 2,550,608.927 | EUR | 98.66 | 251,638,483.41 |
| B USD HEDGED | 110,569.719 | USD | 105.64 | 10,077,316.54 |
| BI | 1,383.289 | EUR | 1,008.64 | 	1,395,234.49  |
|  |  |  |  | 	315,043,608.44  |

Translation (ENDE, 2021-09-30):
| Anteilklasse | Anzahl der Anteile | Währung Anteil | NIW pro Anteil in Währung der Anteilklasse | Nettovermögen pro Anteilklasse (in EUR) |
| --- | --- | --- | --- | --- |
| A | 542.244,682 | EUR | 95,77 | 51.932.574,00 |
| B | 2.550.608,927 | EUR | 98,66 | 251.638.483,41 |
| B USD HEDGED | 110.569,719 | USD | 105,64 | 10.077.316,54 |
| BI | 1.383,289 | EUR | 1.008,64 | 	1.395.234,49  |
|  |  |  |  | 	315.043.608,44  |
| Income |  |
| --- | --- |
| Bank interest | 326.10 |
| Other commissions received | 	124,886.41  |
| Total income | 125,212.51 |
| Expenses |  |
| Management fees | 2,130,331.82 |
| Depositary fees | 131,748.46 |
| Banking charges and other fees | 2,587.45 |
| Transaction fees | 1,994.00 |
| Central administration costs | 109,012.40 |
| Professional fees | 21,005.94 |
| Other administration costs | 56,853.68 |
| Subscription duty ("taxe d'abonnement") | 88,963.22 |
| Other taxes | 92,573.46 |
| Bank interest paid | 61,108.62 |
| Equalisation | 6,824.65 |
| Other expenses | 	35,301.63  |
| Total expenses | 2,738,305.33 |
| Net investment loss | -2,613,092.82 |
| Net realised gain/(loss) |  |
| - on securities portfolio | -4,801,128.71 |
| - on forward foreign exchange contracts | -547,031.16 |
| - on foreign exchange | 	6,297.79  |
| Realised result | -7,954,954.90 |
| Net variation of the unrealised gain/(loss) |  |
| - on securities portfolio | 15,004,448.05 |
| - on forward foreign exchange contracts | 	638,809.02  |
| Result of operations | 7,688,302.17 |
| Dividends paid | - |
| Subscriptions | 47,990,629.56 |
| Redemptions | -28,923,724.66 |
| Total changes in net assets | 26,755,207.07 |
| Total net assets at the beginning of the year | 288,288,401.37 |
| Total net assets at the end of the year | 315,043,608.44 |

Translation (ENDE, 2021-09-30):
| Erträge |  |
| --- | --- |
| Bankzinsen | 326,10 |
| Andere erhaltene Kommissionen | 	124.886,41  |
| Gesamterträge | 125.212,51 |
| Aufwendungen |  |
| Verwaltungsvergütung | 2.130.331,82 |
| Depotgebühren | 131.748,46 |
| Bankspesen und sonstige Gebühren | 2.587,45 |
| Transaktionskosten | 1.994,00 |
| Zentralverwaltungsaufwand | 109.012,40 |
| Honorare externer Dienstleister | 21.005,94 |
| Sonstiger Verwaltungsaufwand | 56.853,68 |
| Kapitalsteuer ("taxe d'abonnement") | 88.963,22 |
| Andere Steuern | 92.573,46 |
| Bezahlte Bankzinsen | 61.108,62 |
| "Equalisation" | 6.824,65 |
| Sonstige Aufwendungen | 	35.301,63  |
| Gesamtaufwendungen | 2.738.305,33 |
| Summe des Nettoverlustes | -2.613.092,82 |
| Nettorealisierte Werterhöhungen / (Wertverminderungen) |  |
| - aus Wertpapieren | -4.801.128,71 |
| - aus Devisentermingeschäften | -547.031,16 |
| - aus Devisengeschäften | 	6.297,79  |
| Realisiertes Ergebnis | -7.954.954,90 |
| Nettoveränderung der nicht realisierten Werterhöhungen / (Wertverminderungen) |  |
| - aus Wertpapieren | 15.004.448,05 |
| - aus Devisentermingeschäften | 	638.809,02  |
| Ergebnis | 7.688.302,17 |
| Ausschüttungen | - |
| Zeichnung von Anteilen | 47.990.629,56 |
| Rücknahme von Anteilen | -28.923.724,66 |
| Summe der Veränderungen des Nettovermögens | 26.755.207,07 |
| Nettovermögen zu Beginn des Geschäftsjahres | 288.288.401,37 |
| Nettovermögen am Ende des Geschäftsjahres | 315.043.608,44 |
| Number of shares | outstanding at the beginning of the year | issued | redeemed | outstanding at the end of the year |
| --- | --- | --- | --- | --- |
| A | 486,608.140 | 91,621.014 | -35,984.472 | 542,244.682 |
| B | 2,387,162.044 | 385,249.203 | -221,802.320 | 2,550,608.927 |
| B USD HEDGED | 138,814.437 | 12,547.262 | -40,791.980 | 110,569.719 |
| BI | 1,383.289 | - | - | 1,383.289 |

Translation (ENDE, 2021-09-30):
| Anzahl der Anteile | im Umlauf zu Beginn des Geschäftsjahres | ausgegeben | zurückgenommen | im Umlauf am Ende des Geschäftsjahres |
| --- | --- | --- | --- | --- |
| A | 486.608,140 | 91.621,014 | -35.984,472 | 542.244,682 |
| B | 2.387.162,044 | 385.249,203 | -221.802,320 | 2.550.608,927 |
| B USD HEDGED | 138.814,437 | 12.547,262 | -40.791,980 | 110.569,719 |
| BI | 1.383,289 | - | - | 1.383,289 |
| Assets |  |
| --- | --- |
| Securities portfolio at market value | 37,902,069.73 |
| Cash at banks | 8,546,785.94 |
| Formation expenses, net | 11,527.87 |
| Receivable on issues of shares | 54,804.31 |
| Prepaid expenses | 	87.24  |
| Total assets | 46,515,275.09 |
| Liabilities |  |
| Payable on redemptions of shares | 2,589.79 |
| Expenses payable | 	75,789.53  |
| Total liabilities | 78,379.32 |
| Net assets at the end of the period | 46,436,895.77 |

Translation (ENDE, 2021-09-30):
| Aktiva |  |
| --- | --- |
| Wertpapierbestand zum Marktwert | 37.902.069,73 |
| Bankguthaben | 8.546.785,94 |
| Gründungskosten, netto | 11.527,87 |
| Ausstehende Zeichnungsbeträge | 54.804,31 |
| Rechnungsabgrenzungsposten | 	87,24  |
| Gesamtaktiva | 46.515.275,09 |
| Passiva |  |
| Ausstehende Zahlungen aus der Rücknahme von Anteilen | 2.589,79 |
| Sonstige Verbindlichkeiten | 	75.789,53  |
| Gesamtpassiva | 78.379,32 |
| Nettovermögen am Ende der Berichtsperiode | 46.436.895,77 |