# Swisscanto (LU) Money Market Fund
## Notes on the annual report (continued) 31 March 2021

#### Note 2: Main Accounting Policies (continued)
- For each subfund, the assets that are denominated in a currency other than that of the subfund are converted into the subfund’s currency at the prevailing mean rate. Forward contracts entered into to hedge currency risk are included in the conversion.
- Calculation of the net asset valueThe net asset value of the units is calculated by the Management Company for each individual subfund as per the contractual conditions and item 3.1 in the sales prospectus on every banking business day in Luxembourg.

The Management Company is entitled to apply other generally accepted valuation principles deemed reliable by auditors for the total fund assets and the assets of a subfund at times, if the valuation criteria mentioned above seem impossible or inappropriate due to extraordinary events.
- Capital gains or losses from security transactionsThe realised gains or losses resulting from the sale of securities will be calculated on the basis of the average purchase price.
- Swinging Single Prices (SSP)The SSP method is used for all subfunds. With the SSP method, the ancillary costs created by subscriptions and redemptions for the purchase and sale of investments (price spreads, brokerage in line with market conditions, commission, fiscal charges etc.) are taken into account in the calculation of the NAV. If, on a banking day, the total subscriptions and redemptions of all unit classes of a subfund result in a net inflow or outflow, the net asset value of the relevant subfund is increased or reduced. This amount is known as the “modified net asset value”. The adjustment results in an increase in the net asset value if the net movements lead to a rise in the number of units in the relevant subfund. It results in a decrease in the net asset value if the net movements cause a fall in the number of units.


#### The transaction costs incurred by subscriptions and redemptions on the trading day are paid by the investors who commission these transactions.
The surcharge on, or deduction from, the transaction costs incurred by subscriptions or redemptions is effected at a flat rate and is based on an average value from a previous period of a maximum of one year.

#### The maximum adjustment is 2% of the net asset value of the subfund in question.

#### If the fund has been on the market for less than one year, depending on the fund’s special features this factor will be determined so that a representative figure results.

#### No swing price adjustment was made on 31 March 2021.

#### Note 3: Information on financial instruments

#### At year-end, the fund did not have any open futures or forward exchange contracts.

#### Note 4: Administrative commission
The fund will be invoiced a flat-rate administration commission for management and administration plus the distribution of units to be paid to the management company. This commission will be paid monthly, based on the average net fund volume of the respective subfund.
The fixed administrative commission comprises the two components of the fixed management fee (costs of asset management and sales) and the fixed administration fee (costs of management and administration).

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

##### Seite
* Siehe Erläuterung 14