# Comgest Growth Europe Plus
## SCHEDULE OF INVESTMENTS
As at 30 June 2020 (expressed in EUR)
Quantity/	Acquisition	Fair Value	% Net
Security	Face value	Currency	cost EUR	EUR	Assets
Food and distilleries
Chocoladefabriken Lindt & Spruengli
| AG	855 | CHF | 6,473,474 | 6,266,437 | 3.50 |
| --- | --- | --- | --- | --- |
|  |  |  | 6,473,474 | 6,266,437 | 3.50 |
| Holding and finance companies Temenos AG | 14,684 | CHF | 1,717,762 | 2,030,321 | 1.14 |
|  |  |  | 1,717,762 | 2,030,321 | 1.14 |
| Pharmaceuticals and cosmetics Roche Holding AG | 31,296 | CHF | 10,408,579 | 9,655,746 | 5.40 |
| Straumann Holding AG | 6,773 | CHF | 4,802,161 | 5,180,426 | 2.90 |
|  |  |  | 15,210,740 | 14,836,172 | 8.30 |
|  |  |  |  |  |  |
| Total Switzerland |  |  | 33,670,045 | 34,759,565 | 19.45 |
|  |  |  |  |  |  |
| Equity securities |  |  | 155,179,544 | 165,866,298 | 92.78 |

| Transferable securities admitted to an official stock exchange listing | 155,179,544 | 165,866,298 | 92.78 |
| --- | --- | --- | --- |
|  |  |  |  |
| Financial assets at fair value through profit or loss | 155,179,544 | 165,866,298 | 92.78 |

Cash and other net assets	 12,911,298	7.22 
Total net assets attributable to holders of redeemable participating shares	 178,777,596	100.00 
% of Total Assets
Transferable securities admitted to an official stock exchange listing	92.67
| Comgest Growth Europe S |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| SCHEDULE OF INVESTMENTS As at 30 June 2020 (expressed in EUR) |  |  |  |  |  |
| Security | Quantity/ Face value | Currency | Acquisition cost EUR | Fair Value EUR | % Net Assets |
| Financial assets at fair value through profit and loss |  |  |  |  |  |

Transferable securities admitted to an official stock exchange listing Equity securities
Denmark
Biotechnology
| Chr Hansen Holding A/S | 6,466 | DKK | 428,375 | 593,403 | 1.70 |
| --- | --- | --- | --- | --- | --- |
|  |  |  | 428,375 | 593,403 | 1.70 |
| Internet software |  |  |  |  |  |
| SimCorp A/S | 10,444 | DKK | 680,843 | 1,001,916 | 2.86 |
|  |  |  | 680,843 | 1,001,916 | 2.86 |
| Pharmaceuticals and cosmetics |  |  |  |  |  |
| Ambu A/S | 17,231 | DKK | 309,394 | 481,800 | 1.38 |
| Coloplast A/S - B Shares | 2,672 | DKK | 192,001 | 368,543 | 1.05 |
| Novo Nordisk A/S - B Shares | 33,186 | DKK | 1,510,939 | 1,911,944 | 5.47 |
|  |  |  | 2,012,334 | 2,762,287 | 7.90 |
|  |  |  |  |  |  |
| Total Denmark |  |  | 3,121,552 | 4,357,606 | 12.46 |
| France |  |  |  |  |  |
| Internet software Dassault Systèmes SE | 7,561 | EUR | 806,838 | 1,161,370 | 3.32 |
|  |  |  | 806,838 | 1,161,370 | 3.32 |
| Pharmaceuticals and cosmetics |  |  |  |  |  |
| EssilorLuxottica SA | 14,247 | EUR | 1,556,211 | 1,627,720 | 4.65 |
| L'Oreal SA | 1,900 | EUR | 378,301 | 542,830 | 1.55 |
| L'Oreal SA | 3,075 | EUR | 486,832 | 878,528 | 2.51 |
| Sartorius Stedim Biotech | 2,249 | EUR | 199,738 | 506,025 | 1.45 |
|  |  |  | 2,621,082 | 3,555,103 | 10.16 |

Textile
Hermes International	1,359	EUR	655,773	1,010,824	2.89
655,773	1,010,824	2.89
Total France	4,083,693	5,727,297	16.37
| Comgest Growth Europe S |  |
| --- | --- |
| SCHEDULE OF INVESTMENTS As at 30 June 2020 (expressed in EUR) |
| Security | Quantity/ Face value | Currency | Acquisition cost EUR | Fair Value EUR | % Net Assets |
| Germany |  |  |  |  |  |
| Aerospace technology |  |  |  |  |  |
|  | MTU Aero Engines AG | 3,005 | EUR | 508,362 | 463,221 | 1.32 |
|  |  |  |  | 508,362 | 463,221 | 1.32 |
| Internet | software SAP SE | 11,016 | EUR | 983,435 | 1,369,509 | 3.92 |
|  |  |  |  | 983,435 | 1,369,509 | 3.92 |
| Retail | Fielmann AG | 3,628 | EUR | 216,756 | 217,317 | 0.62 |
|  |  |  |  | 216,756 | 217,317 | 0.62 |
|  |  |  |  |  |  |  |
| Total Germany |  |  |  | 1,708,553 | 2,050,047 | 5.86 |
| Great Britain |  |  |  |  |  |  |
| Consumer goods |
| Reckitt Benckiser Group PLC | 3,563 | GBP | 250,891 | 291,314 | 0.83 |
|  |  |  | 250,891 | 291,314 | 0.83 |
| Electronic semiconductor Halma PLC | 18,875 | GBP | 276,451 | 478,213 | 1.37 |
|  |  |  | 276,451 | 478,213 | 1.37 |
| Food and distilleries Associated British Foods PLC | 25,071 | GBP | 793,053 | 528,178 | 1.51 |
|  |  |  | 793,053 | 528,178 | 1.51 |
|  |  |  |  |  |  |
| Total Great Britain |  |  | 1,320,395 | 1,297,705 | 3.71 |
| Ireland |  |  |  |  |  |
| Other services |
| Accenture PLC | 7,646 | USD | 1,136,540 | 1,461,736 | 4.18 |
|  |  |  | 1,136,540 | 1,461,736 | 4.18 |

Pharmaceuticals and cosmetics
ICON PLC	4,582	USD	572,780	687,249	1.97
572,780	687,249	1.97

Translation (ENDE, 2020-06-30):
# Comgest Growth Europe Plus
WESENTLICHE BESTANDSVERÄNDERUNGEN für den Berichtszeitraum zum 30. Juni 2020
| Verkäufe 1 |  |  |  |
| --- | --- | --- | --- |
| Prozentualer Anteil |
| Wertpapier | Stück | Betrag (USD) | Verkäufe |
| Fresenius SE & Co KGaA | 44.113 | 1.892.322 | 91,08 |
| Coloplast A/S – B-Aktien | 332 | 42.528 | 2,05 |
| Fresenius Medical Care AG & Co KGaA | 295 | 19.082 | 0,92 |
| Unilever NV | 338 | 14.695 | 0,71 |
| Roche Holding AG | 52 | 14.444 | 0,70 |
| Ambu A/S | 428 | 12.763 | 0,61 |
| Genmab A/S | 69 | 12.498 | 0,60 |
| Chr Hansen Holding A.S | 158 | 10.357 | 0,50 |
| Lonza Group AG | 24 | 9.515 | 0,46 |
| Jeronimo Martins SGPS SA | 623 | 9.386 | 0,45 |
| Sika AG | 53 | 8.871 | 0,43 |
| LVMH Moët Hennessy Louis Vuitton SE | 22 | 8.815 | 0,42 |
| Orpea | 70 | 6.662 | 0,32 |
| Experian PLC | 176 | 5.497 | 0,26 |
| Dassault Systèmes SE | 34 | 5.439 | 0,26 |
| Straumann Holding AG | 5 | 4.695 | 0,23 |

1 Steht für die gesamten Verkäufe im Berichtszeitraum.