· amundi funds relatório semi-anual não auditado r.c.s. luxemburgo b 68.806 para o período de...

AMUNDI FUNDS

SICAV com subfundos ao abrigo da Lei Luxemburguesa

Relatório semi-anual não auditado de 31/12/12

Uma empresa Crédit Agricole / Société Générale

AMUNDI FUNDSRelatório semi-anual não auditado

R.C.S. Luxemburgo B 68.806

Para o período de 01/07/12 a 31/12/12

Não podem ser recebidas subscrições com base em relatórios financeiros. As subscrições só são válidas se forem feitas com base nos prospectos de ofertas actuais, suplementados pelo últimorelatório anual disponível da SICAV e pelo relatório semianual não-auditado, se publicado depois desse relatório anual.

Informações adicionais sobre a representação e distribuição do Fundo em Hong Kong, em 31 de Dezembro de 2012:

Os residentes em Hong Kong devem ter presente que os seguintes subfundos não estão actualmente autorizados em Hong Kong e, por conseguinte, não estão disponíveis para os residentes em Hong Kong:

Acções:Equity Euroland Value / Equity Global Alpha / Equity Japan Target / Equity US Concentrated Core / Equity US Growth / Equity US Relative Value / Equity Japan Value / Equity Euro Select / Equity EuropeSelect / Equity Euroland Small Cap / Equity Europe Restructuring / Equity India Select / Equity Global Clean Planet1 / Equity Europe Minimum Variance / Equity Global Minimum Variance.

Obrigações:Convertible Europe / Bond Global Corporate / Bond Euro Aggregate / Bond Euro Government / Bond US Opportunistic Core Plus / Bond Europe / Bond Global Aggregate / Bond Global Inflation / BondEmerging Inflation / Bond Global Emerging Corporate.

Multi Asset:Multi Asset Emerging Markets

Indexadas:Index Equity Euro / Index Equity Europe / Index Equity North America / Index Equity Pacific / Index Global Bond (EUR) Hedged.

Retorno Absoluto:Absolute Forex / Absolute VaR 2(EUR) / Absolute VaR 4(EUR) / Absolute Statistical Arbitrage / Absolute High Yield / Absolute Volatility Arbitrage / Absolute Volatility Arbitrage Plus / Absolute VolatilityEuro Equities / Absolute Volatility World Equities.

Para todos os subfundos autorizados em Hong Kong, por favor tenha em conta que as acções AHC, AHE, AHG, AHK, AHS, AHU, A2E, A2U, AU-MD, FE, FHE, FHE-QD, FHE-MD, FU, IHC, IHE, IHG, IHG0, IHJ, IHS, IHU, I2, I4, I8, I9, ME, MHE, MU, OE, OHE, OU, OR, O1, PU, RE, RG, RHE,RU, SE, SHE, SHE-MD, SHE-QD, SHG, SJ, SHU, SU, XE, XU não estão autorizadas em Hong Kong.

A classe de acções I, em relação aos seguintes subfundos, não está autorizada em Hong Kong: Equity Global Select, Equity Global Gold Mines, Equity Global Luxury and Lifestyle, Equity GlobalAgriculture, Equity Global Resources, Equity ASEAN, Equity Asia ex Japan, Equity Brazil, Equity Emerging Europe, Equity Emerging Internal Demand, Equity Emerging World, Equity MENA, Equity GreaterChina, Equity India, Equity India Infrastructure, Equity Latin America, Convertible Global, Bond Euro Corporate, Bond Euro Inflation, Bond Euro High Yield, Bond Global e Bond Global Emerging.

1 Este subfundo foi fundido em 12 Setembro 2012.Em relação ao subfundo Amundi Funds Bond Euro Inflation, a Empresa cessará a comercialização para o público de Hong Kong e, a partir de 22 de Março de 2013, a autorização do subfundo em Hong Kong será retirada.

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Organização 6

Dados das Carteiras em 31/12/12:

Acções

Equity Euroland Value 9

Equity Global Alpha 10

Equity Japan Target 12

Equity US Concentrated Core 14

Equity US Growth 15

Equity US Relative Value 16

Equity Global Select 17

Equity Japan Value 18

Equity Euro Select 20

Equity Europe Select 21

Equity Euroland Small Cap 22

Equity Global Gold Mines 23

Equity Global Luxury and Lifestyle 24

Equity Global Agriculture 25

Equity Global Resources 26

Equity Europe Restructuring 27

Equity ASEAN 28

Equity Asia ex Japan 29

Equity Brazil 31

Equity Emerging Europe 33

Equity Emerging Internal Demand 35

Equity Emerging World 39

Equity MENA 45

Equity Greater China 47

Equity India 48

Equity India Select 49

Equity India Infrastructure 50

Equity Korea 51

Equity Latin America 52

Equity Thailand 54

Equity Global Aqua 55

Equity Europe Minimum Variance 56

Equity Global Minimum Variance 57

Obrigações

Convertible Europe 59

Convertible Global 61

Bond Global Corporate 63

Bond Euro Aggregate 66

Bond Euro Corporate 69

Bond Euro Government 73

Bond Euro Inflation 74

Bond Euro High Yield 75

Bond US Opportunistic Core Plus 78

Bond Europe 83

Bond Global Aggregate 85

Bond Global 89

Bond Global Inflation 91

Bond Emerging Inflation 92

Bond Global Emerging 93

Bond Global Emerging Corporate 95

Multi Asset

Multi Asset Emerging Markets 97

Indexadas

Index Equity Euro 101

Index Equity Europe 104

Index Equity North America 109

Index Equity Pacific 116

Index Global Bond (EUR) Hedged 121

Absolutas

Absolute Forex 123

Absolute VaR 2(EUR) 124

Absolute VaR 4(EUR) 126

Absolute Statistical Arbitrage 129

Absolute High Yield 130

Absolute Volatility Arbitrage 131

Absolute Volatility Arbitrage Plus 133

Absolute Volatility Euro Equities 135

Absolute Volatility World Equities 136

Numerário

Cash EUR 138

Cash USD 139

Contas:

Extracto de Activos Líquidos 140

Dados Financeiros Relativos aos Últimos 3 Anos 164

Extracto de Operações e Alterações nos Activos Líquidos 216

Notas sobre Declarações Financeiras em 31/12/12 240

Notificações e Relatórios 263

Informações Adicionais 264

Índice

DENOMINAÇÃO E SEDE REGISTADA Amundi Funds5, Allée Scheffer,L-2520 Luxemburgo

EMPRESA GESTORA Amundi Luxembourg S.A.5, Allée Scheffer,L-2520 Luxemburgo

CONSELHO DE ADMINISTRAÇÃO

Presidente Jean-Paul MAZOYERMembro do Comité Geral de Administração encarregado do DesenvolvimentoAmundi, Paris

Directores Etienne CLEMENTCEO Adjunto, Director de Marketing Estratégico Amundi, Paris

Jean-François PINÇONDirector de Desenvolvimento de Negócios InternacionaisAmundi, Paris

Guillaume ABELDirector de Marketing e Desenvolvimento Comercial de Distribuição Institucional e de TerceirosAmundi, Paris

Laurent BERTIAUDirector Adjunto de Distribuição Institucional e de Terceiros Amundi, Paris

DIRECTORES GERAIS Guillaume ABELDirector de Marketing e Desenvolvimento Comercial de Distribuição Institucional e de TerceirosAmundi, Paris

Giorgio GRETTER Gerente GeralAmundi Luxembourg S.A., Luxemburgo

DEPOSITÁRIO CACEIS Bank Luxembourg S.A.5, Allée Scheffer,L-2520 Luxemburgo

AGENTE DE REGISTO, TRANSFERÊNCIA CACEIS Bank Luxembourg S.A.E PAGAMENTO 5, Allée Scheffer,

L-2520 Luxemburgo

AGENTE ADMINISTRATIVO Société Générale Securities Services Luxembourg 16, Boulevard Royal,L-2449 Luxemburgo

GESTORES DE INVESTIMENTO Amundi através de:n Sede90, Boulevard Pasteur,F-75015 Paris, França

n Sucursal de Londres41, Lothbury,London EC2R 7HF, Reino Unido

Amundi Hong-Kong Ltd901-908, One Pacific Place,No. 88 Queensway, Hong Kong

Amundi Japan1-2-2, Uchisaiwaicho Chiyoda-Ku,Tokyo 100-0011, Japão

Resona Bank LtdFukagawa Gatharia W2 Bldg, 5-65, Kiba 1 -Chome, Koto-Ku, Tokyo 135-8581, Japão

Amundi Singapore Ltd168, Robinson Road #24-01, Capital Tower,Singapore 068912

TCW Investment Management Company, Inc. (“TCW”)865, South Figueroa Street, Suite 800,Los Angeles, California 90017, EUA

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CPR Asset Management 90, Boulevard Pasteur,F-75015 Paris, França

SUBGESTORES DE INVESTIMENTO Amundi Singapore Ltd 168, Robinson Road #24-01, Capital Tower,Singapore 068912

NH-CA Asset Management Co., Ltd10F Nonghyup Culture & Welfare Foundation Bldg.34-7 Yeoido-dong Yeongdeungpo-gu, Seul, Coreia

Amundi Japan (em 1 de Setembro de 2012)1-2-2, Uchisaiwaicho Chiyoda-Ku,Tokyo 100 – 0011 Japão

AUDITOR PricewaterhouseCoopers, Société coopérative400, Route d’Esch,L-1471 Luxemburgo

AGENTE FINANCEIRO NA BÉLGICA CACEIS Belgium SA/VN (anteriormente FASTNET Belgium)Avenue du Port / Havenlaan 86 C/320,B - 1000 Bruxelas, Bélgica

AGENTE CENTRALIZADOR EM FRANÇA CACEIS Bank1-3, Place Valhubert,F-75206 Paris Cedex 13, França

AGENTE DE PAGAMENTOS E Marcard, Stein & Co AGINFORMAÇÕES NA ALEMANHA Ballindam 36,

20095 Hamburgo, Alemanha

AGENTE DE PAGAMENTOS E Meinl Bank A.G.INFORMAÇÕES NA ÁUSTRIA Bauernmarkt 2, 1010,

Viena, Áustria

AGENTE DE PAGAMENTOS NA GRÉCIA Emporiki Bank of Greece11, Sofokleous Str.,102 35 Atenas, Grécia

REPRESENTANTE NA GRÉCIA Amundi Hellas M.F.M.C45, Mitropoleos Street,105 56 Atenas, Grécia

REPRESENTANTE EM HONG KONG Amundi Hong-Kong Ltd901-907, One Pacific Place,88, Queensway, Hong Kong

REPRESENTANTE NA HOLANDA CACEIS Netherlands (anteriormente Fastnet Netherlands) De Ruyterkade 6,1013 AA Amsterdam, Holanda

REPRESENTANTE EM ESPANHA Amundi Iberia SGICCPaseo de la Castellana 1,28046 Madrid, Espanha

AGENTE DE INSTALAÇÕES NO Amundi London Branch.REINO UNIDO 41, Lothbury,

London EC2R 7HF, Reino Unido.

AGENTE REPRESENTANTE E DE Société Générale Express BankPAGAMENTOS NA BULGÁRIA 92,Vladislav Varnenchik Blvd,

9000 Varma, Bulgária

REPRESENTANTE LOCAL NA BULGÁRIA Société Générale Express Bank92,Vladislav Varnenchik Blvd,9000 Varma, Bulgária

Organização

Organização

8

BANCO DE CONTACTO NA Komercni Banka A.SREPÚBLICA CHECA Na Prikogne 33,

Prague 1, República Checa

AGENTE REPRESENTANTE E DE SKB Banka D.D. Ljubljana PAGAMENTOS NA ESLOVÉNIA Ajdovscina 4,

Ljubljana, Eslovénia

AGENTE DE INSTALAÇÕES NA IRLANDA Société Générale, Dublin Branch3rd Floor, IFSC House, IFSC,Dublin 1, Irlanda

AGENTE REPRESENTANTE EM ITÁLIA Amundi SGR S.p.A.Piazza Missori 2,Milano 20122, Itália

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Equity Euroland Value

9

As notas incluídas fazem parte integrante destas declarações financeiras

Carteira de Títulos em 31/12/12

99.88180,017,348Posições longas

99.88180,017,348Valores mobiliários admitidos à cotação de uma bolsa de valoresoficial e/ou negociados noutro mercado organizado

99.84179,940,929Acções

1.142,056,705Bélgica

0.26460,632KBC GROUPE17,6150.881,596,073SOLVAY14,596

0.971,741,467Dinamarca

0.971,741,467A.P. MOELLER-MAERSK B305

30.8655,615,920França

1.041,876,406ARKEMA23,6891.993,580,617AXA SA268,2115.259,476,695BNP PARIBAS222,5360.18321,063BOURBON15,4322.033,653,112CAP GEMINI SA111,1720.26461,069CARREFOUR SA23,8341.652,978,863CHRISTIAN DIOR23,2272.224,006,589COMPAGNIE DE SAINT-GOBAIN SA124,3510.45806,933CREDIT AGRICOLE SA132,6320.46829,280FRANCE TELECOM SA99,4460.751,343,141GDF SUEZ86,2372.123,818,181MICHELIN SA53,3340.0474,887PEUGEOT SA13,6884.898,823,018SANOFI123,5892.213,974,770SOCIETE GENERALE A140,2533.305,963,420TOTAL152,8691.272,282,741VINCI SA63,4800.751,345,135VIVENDI79,359

8.6115,510,738Itália

1.322,382,846ASSICURAZIONI GENERALI173,4243.416,150,226ENI SPA335,3451.272,286,207INTESA SANPAOLO SPA1,758,6210.901,617,361INTESA SANPAOLO SPA1,515,8020.641,152,633SAIPEM39,3391.071,921,465UNICREDIT SPA REGR518,474

1.713,088,836Luxemburgo

0.871,570,439ARCELORMITTAL SA121,4100.841,518,397SUBSEA 7 SA84,336

5.429,766,898Países Baixos

1.893,404,242ING GROEP NV-CVA482,1191.642,961,964KONINKLIJKE AHOLD NV292,2510.42756,522KONINKLIJKE VOPAK N.V.14,1911.472,644,170UNILEVER CVA91,700

7.6913,868,861Espanha

2.744,947,655BANCO SANTANDER SA811,0911.312,362,350EBRO FOODS SA157,4901.412,536,547REPSOL165,4092.234,022,309TELEFONICA SA394,731

8.1214,629,622Reino Unido

1.552,792,485KINGFISHER797,2492.734,931,296RIO TINTO PLC113,9050.621,115,834ROYAL DUTCH SHELL PLC-A42,9580.951,705,293SMITH & NEPHEW203,5562.274,084,714SMITHS GROUP278,179

0.0476,419Warrants, direitos0.0476,419Espanha

0.0476,419REPSOL DROIT OPTION 10/01/2013165,409

99.88180,017,348Total da carteira de títulos

35.3263,661,882Alemanha

1.312,365,572ADIDAS AG35,1345.029,033,551ALLIANZ SE-REG86,1984.908,819,969BAYER AG122,6871.783,215,921BAYERISCHE MOTORENWERKE44,0960.19346,466COMMERZBANK241,6081.562,811,289DAIMLER68,0372.855,136,905DEUTSCHE BANK AG-REG155,9001.182,134,035DEUTSCHE TELEKOM AG-REG248,2881.001,807,719E.ON SE128,2982.945,306,655FRESENIUS SE & CO KGAA60,9262.003,612,733HEIDELBERGCEMENT AG78,8292.785,002,404LINDE AG37,8971.262,278,952MUENCHENER RUECKVERSICHERUNGS AG-REG16,7571.402,528,213PUMA AG11,2443.416,124,064SIEMENS AG-REG74,5021.743,137,434VOLKSWAGEN AG-PFD18,225

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1.49632,115INTL BUSINESS MACHINES CORP3,3001.16490,370INTUITIVE SURGICAL1,0000.63267,136KANSAS CITY SOUTHERN3,2002.10889,515MEAD JOHNSON NUTRITION13,5001.18502,197M&T BANK CORPORATION5,1000.90382,239MICROSOFT CORP14,3000.82349,280MOLYCORP37,0000.99422,059NEXTERA ENERGY INC6,1001.48627,192NUANCE COMMUNICATIONS28,1000.60252,813OCCIDENTAL PETROLEUM CORP3,3001.04441,750POLYPORE INTERNATIONAL INC9,5000.52218,940PROLOGIS6,0000.80341,110QUALCOMM INC5,5001.01428,349ROCKWELL AUTOMATION INC5,1000.53222,960ROPER INDUSTRIES2,0001.60679,968SOURCEFIRE14,4000.013,010SPARTAN GOLD LTD100,3590.006SPRINT NEXTEL CORP11.28544,920STARWOOD HTLS & RESORTS WORLD9,5002.00848,757STERICYCLE9,1001.29549,467UNITED TECHNOLOGIES CORP6,7001.40594,084US BANCORP18,6001.03437,813VF CORP2,900

Equity Global Alpha

10





88.3137,478,249Acções

1.43607,667Austrália

1.05445,294BHP BILLITON LTD11,5610.38162,373LYNAS CORPORATION272,000

1.87791,651Áustria

1.87791,651SCHOELLER-BLECKMANN OILFIELD E7,573

1.18500,173Bélgica

1.18500,173UMICORE9,100

0.003Bermudas

0.003RC GROUP (HOLDINGS)46

0.55233,996Brasil

0.55233,996SABESP SP.ADR2,800

4.401,868,377Canadá

0.31129,620ENBRIDGE3,0001.04440,746GOLDCORP12,0003.051,298,011POTASH CORP OF SASKATCHEWAN (US)31,900

0.90380,424Chile

0.90380,424SOC QUIM & MIN SP ADR6,600

1.53651,326Curaçao

1.53651,326SCHLUMBERGER LTD9,400

1.50635,970Chipre

1.50635,970MD MEDICAL GROUP INVESTMENTS PLC51,000

10.134,298,235França

0.79334,169ALSTOM8,4110.51217,876BIGBEN INTERACTIVE19,6972.511,066,737BNP PARIBAS19,0000.51216,788CARREFOUR SA8,5001.40592,153DANONE9,0000.39164,095HERMES INTERNATIONAL5500.60256,191LVMH MOET HENNESSY LOUIS VUITTON1,4000.47200,608MAUREL ET PROM12,0001.08457,880MEDICA23,0000.31131,240SAFT GROUPE5,6240.77325,295SCHNEIDER ELECTRIC SA4,5000.79335,203VIVENDI15,000

0.71301,811Alemanha

0.71301,811ADIDAS AG3,400

0.89378,521Indonésia

0.89378,521ASTRA INTERNATIONAL TBK PT480,000

0.49207,770Irlanda

0.48204,200ELAN CORP ADR20,0000.013,570PROTHENA CORP487

1.03438,764Itália

1.03438,764SALVATORE FERRAGAMO20,000

6.122,599,133Japão

0.73310,489CAPCOM CO LTD20,4001.47626,010FANUC LTD3,4000.69291,014INPEX HOLDINGS INC550.98416,770KOMATSU LTD16,500

44.7418,981,183Estados Unidos da América

0.49208,641AKAMAI TECHNOLOGIES INC5,1001.35573,804ALLEGHENY TECHNOLOGIES INC18,9001.07452,052AMAZON.COM1,8001.02431,100AMERICAN EXPRESS CO7,5001.80765,393ANADARKO PETROLEUM CORP10,3001.00422,560AON PLC7,6002.32986,105APPLE INC1,8501.04440,061CAVIUM14,1001.30551,244CERNER CORP7,1000.50213,624CITIGROUP INC5,4001.60677,225CITRIX SYSTEMS INC10,3000.69293,480EMC CORP11,6000.97413,034ESTEE LAUDER COMPANIES INC-A6,9000.89376,845FORD MOTOR CO29,1000.50213,730F5 NETWORKS INC2,2002.821,191,424GNC HLD35,800

0.50212,811GOOGLE INC-A3001.02432,000IHS4,500

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Equity Global Alpha

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0.013,400Instrumentos derivados

0.013,400Opções0.013,400Estados Unidos da América

0.013,400CITIGROUP INC - 5.50 - 19.01.13 CALL3,400


0.68289,532MITSUBISHI CORPORATION15,2000.97410,585NEXON40,9000.60254,733UNI-CHARM CORP4,900

0.94397,745Luxemburgo

0.94397,745MILLICOM INTL CELLULAR SDR4,600

1.26535,619Países Baixos

1.26535,619CORE LABORATORIES4,900

1.62689,462Suíça

1.01429,016CIE FIN RICHEMONT5,5000.61260,446NESTLE SA4,000


0.84355,778ARM HOLDINGS28,5001.47625,391BG GROUP PLC38,0000.98415,302DE LA RUE28,0000.70296,655RECKITT BENCKISER GROUP PLC4,7050.76322,058SHIRE10,5000.77325,825SMITH & NEPHEW29,5001.50639,410STANDARD CHARTERED25,000

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4.59304,250,100Farmacêutica e Biotecnologia

0.7549,455,000ASKA PHARMACEUTICAL105,0001.99132,197,100KISSEI PHARMA83,3001.85122,598,000NIPPON SHINYAKU126,000

1.4897,939,100Serviços de Assistência

1.4897,939,100TOPPAN FORMS126,700

Equity Japan Target

12



92.426,125,597,560Posições longas

92.426,125,597,560Valores mobiliários admitidos à cotação de uma bolsa de valoresoficial e/ou negociados noutro mercado organizado

92.426,125,597,560Acções

3.26216,390,200Automóveis e Peças Sobressalentes

1.4999,442,200ALPINE ELECTRONICS INC125,4000.8656,750,000MURAKAMI50,0000.1812,040,000NITTAN VALVE43,0000.7348,158,000PIOLAX24,200

4.26282,426,000Bancos

0.7046,151,000BANK OF OKINAWA13,3001.3589,430,000KAGOSHIMA BANK165,0000.9663,916,000SHIZUOKA BANK76,0001.2582,929,000YAMANASHI CHUO BANK LTD231,000

2.83187,615,400Produtos Químicos

0.4932,185,000ASAHI ORGANIC CHEMICALS INDUST157,0000.6241,184,000IHARA CHEMICAL88,0000.6945,441,000KONISHI30,6000.3321,926,400OSAKA ORGANIC CHEMICAL57,1000.7046,879,000SAKAI CHEMICAL181,000

11.48761,194,300Construção e Materiais

0.1811,613,700C CUBE35,3001.4898,175,000KINDEN175,0000.7952,089,000MEISEI INDUSTRIAL179,0001.0771,205,000NICHIREKI CO.LTD141,0002.20145,782,000NIPPON DENSETSU KOGYO178,0000.8858,464,000NORITZ40,6001.1375,174,600OYO CORP71,8001.62107,355,000SANKI ENGINEERING255,0002.13141,336,000SEKISUI JUSHI156,000

2.72180,259,800Produtores Alimentares

0.6744,485,000FUJICCO43,4001.4898,301,000SAKATA SEED90,6000.5737,473,800YAIZU SUISANKAGAKU49,700

0.063,906,000Retalho Geral

0.063,906,000FELISSIMO CORP3,600

0.5032,853,300Equipamentos e Serviços para Cuidados de Saúde

0.5032,853,300FUKUDA DENSHI CO12,300

4.80317,885,600Artigos para Casa e Construção

1.92126,757,600CHOFU SEISAKUSHO66,4000.01676,900DAINICHI7000.4932,792,100SOFT 9962,7001.79118,477,000TENMA CORP128,5000.5939,182,000ZOJIRUSHI CORP143,000

11.67773,416,100Engenharia Industrial

1.4092,587,000AICHI CORP209,0001.92127,095,000AMADA CO LTD229,0000.8053,232,200FUJI MACHINE MFG65,8001.1576,184,000HISAKA WORKS107,0001.0066,470,000KINKI SHARYO230,0000.5435,520,000KITAGAWA IND37,0000.3020,188,000NISSEI20,6002.08137,556,200SINTOKOGIO201,4000.9865,099,700TOMOE ENGINEERING42,3001.5099,484,000TSUKISHIMA KUKAI133,000

4.76315,606,600Metais Industriais e Minério

1.60106,045,600NETUREN CO186,7000.4832,046,000NICHIA STEEL WORKS147,0001.84121,760,000OSAKA STEEL76,1000.8455,755,000YODOGAWA STEEL WORKS189,000

1.93127,704,500Seguros Não Vida

1.93127,704,500MS AD ASSURANCE74,900

1.84122,136,000Produtores de Petróleo e Gás

1.2582,896,000KANTO NATURAL GAS176,0000.5939,240,000SINANEN109,000

1.4797,722,000Bens Pessoais

0.3825,488,000DESCENTE LTD48,0000.3624,166,000JAPAN WOOL TEXTILE43,0000.7348,068,000KOMATSU SEIREN122,000

16.291,080,291,700Equipamento Eléctrico e Electrónico

0.8656,788,500AIPHONE39,3002.03134,625,000AMANO CORP179,5001.1274,062,400ESPEC112,900

0.095,653,600GEOMATEC7,4001.3086,400,000HI LEX60,0000.6845,103,000HOSIDEN CORP85,1000.2214,821,200JAPAN CASH MACHINE20,7001.3690,358,800KOA130,2001.73114,767,000MABUCHI MOTOR31,4000.5637,403,400MIRAY INDUSTRY CO LTD38,6001.2985,804,200NIPPON CERAMIC65,7001.1072,771,000NIPPON PILLAR PACK127,0000.6844,835,000NIPPON SIGNAL73,5000.4932,526,000NITTO KOGYO27,8001.0066,096,000TOA CORP108,0000.4530,153,000TOSHIBA TEC CORP69,0000.5335,005,400TOYO CORP36,2000.8053,118,200ZUKEN91,900

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Equity Japan Target

13



3.65241,698,860Software e Serviços de Informática

1.4998,391,860ALPHA SYSTEMS90,0200.7851,075,000CAC75,0000.7046,675,200DTS44,2000.096,198,000NEC FIELDING6,0000.5939,358,800NSD CO LTD52,200

1.61106,519,600Viagens, Lazer e Catering

1.61106,519,600DOUTOR-NICHIRES HOLDINGS94,600

92.426,125,597,560Total da carteira de títulos

1.71113,022,000Transportes Industriais

1.71113,022,000SEINO HOLDINGS207,000

1.98131,270,900Suportes

1.98131,270,900FUJI MEDIA HOLDINGS INC1,009

9.53631,489,500Tecnologia, Hardware e Equipamentos

1.3085,956,000CANON MARKETING JAPAN INC69,6001.3186,552,000DENKI KOGYO248,0001.1173,612,600ICOM38,3002.05136,144,500JAPAN DIGITAL LABORATORY CO140,5001.5199,800,400RYOSAN65,4002.25149,424,000TOKYO OHKA KOGYO CO LTD88,000

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96.48113,469,979Acções3.664,309,305Aeroespacial e Defesa

3.664,309,305PRECISION CASTPARTS CORP22,750


3.113,655,630PRAXAIR INC33,400

5.356,291,017Serviços Financeiros

1.842,160,462CHARLES SCHWAB CORP150,4503.514,130,555VISA INC-A27,250


2.362,777,264MEAD JOHNSON NUTRITION42,150


3.303,867,556AMAZON.COM15,4002.362,780,376COSTCO WHOLESALE28,1502.773,261,300PRICELINE.COM INC5,250


1.732,035,036INTUITIVE SURGICAL4,150

2.723,196,394Prospecção Mineira

2.723,196,394SILVER WHEATON88,750

4.915,775,933Telecomunicações Móveis

4.915,775,933AMERICAN TOWER74,750


3.794,460,820ACE LTD55,900


2.542,991,621OCCIDENTAL PETROLEUM CORP39,050

7.749,108,067Equipamento, Serviços e Distribuição de Petróleo

1.691,985,568NATIONAL OILWELL VARCO29,0502.813,308,085OCEANEERING INTL61,5003.243,814,414SCHLUMBERGER LTD55,050


3.554,164,542ALLERGAN INC45,4002.853,357,072LIFE TECH68,400


2.703,175,088CERNER CORP40,8952.623,076,037COGNIZANT TECH SO-A41,5402.933,443,540EQUINIX16,7003.263,844,784GOOGLE INC-A5,4203.964,664,775SALESFORCE.COM27,7502.583,031,308VMWARE CLASS A32,200


3.233,795,897FASTENAL CO81,3001.641,923,235LINKEDIN CORP CLASS A16,7502.282,685,150VERISK ANALYTICS CLASS.A52,650


7.598,928,252APPLE INC16,7503.153,703,557ARM HOLDINGS ADR97,9004.475,252,163QUALCOMM INC84,685


3.333,914,260STARBUCKS73,000


Equity US Concentrated Core

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Equity US Growth



97.3121,163,390Acções3.60782,877Aeroespacial e Defesa

1.55335,673B/E AEROSPACE6,7951.15250,982PRECISION CASTPARTS CORP1,3250.90196,222TRANSDIGM1,439

2.19475,772Automóveis e Peças Sobressalentes

2.19475,772BORG WARNER INC6,643

1.94421,454Bebidas

1.94421,454MONSTER BEVERAGE CORP7,970

2.18473,311Equipamento Eléctrico e Electrónico

1.12242,702AMETEK6,4601.06230,609IPG PHOTONICS3,460

2.51545,138Serviços Financeiros

2.51545,138T ROWE PRICE GROUP INC8,370

0.93202,459Retalhistas de Alimentos e Medicamentos

0.93202,459THE FRESH MARKET4,210

1.77385,342Produtores Alimentares

1.77385,342HAIN CELESTIAL GRP7,107


2.79608,523CARMAX16,2102.14464,680DICK’S SPORTING GOODS10,2151.03224,003DSW INC.3,4102.06447,892PRICESMART5,8130.1736,597RESTORATION HARDWARE HOLDING1,085

4.19910,599Equipamentos e Serviços para Cuidados de Saúde

0.93202,015CEPHEID5,9753.26708,584INTUITIVE SURGICAL1,445


1.52331,551CUMMINS INC3,0602.24486,302ROCKWELL AUTOMATION INC5,7902.06447,592ROPER INDUSTRIES4,015

2.00434,755Metais Industriais e Minério

2.00434,755ALLEGHENY TECHNOLOGIES INC14,320

1.04227,215Transportes Industriais

1.04227,215EXPEDIT INTL WASH5,745

2.16468,899Bens de Lazer

2.16468,899HARMAN INTERNATIONAL INDUSTRIE10,504

3.05663,138Seguros Não Vida

3.05663,138ACE LTD8,310


3.47756,425CORE LABORATORIES6,9202.29497,128LUFKIN INDUSTRIES INC8,5523.18693,084OCEANEERING INTL12,885


1.99433,657GILDAN ACTIVEWEAR A11,8851.49323,275MICKAEL KORS6,3351.85402,071UNDER ARMOUR8,285


0.85184,416ARIAD PHARMACEUTIC9,6151.50325,296BIOMARIN PHARMACEUTICAL INC6,6052.53550,897ILLUMINA9,9100.50108,904IRONWOOD PHARMACEUTICALS9,8201.47320,279MYLAN11,6551.57340,763VERTEX PHARMACEUTICALS INC8,125


1.00217,508ANSYS3,2302.84616,980ATHENAHEALTH8,4001.48322,206CERNER CORP4,1501.07233,080PALO ALTO NETWORKS INC4,3552.97645,406RACKSPACE HOSTING8,6903.13683,326SALESFORCE.COM4,0650.1941,441SERVICENOW INC1,3801.94421,225SPLUNK INC14,5151.47319,578ULTIMATE SOFTWARE3,3850.3780,660WORKDAY INC1,480


2.26491,412FASTENAL CO10,5251.13245,141LINKEDIN CORP CLASS A2,1352.14465,095MSC INDL DIRECT-A6,1701.59346,838ROBERT HALF INTL10,900


2.99650,259ARM HOLDINGS ADR17,1891.55338,002AVAGO TECHNOLOGIE LTD10,6761.33289,317CAVIUM9,2701.44312,605FUSION IO INC13,6330.2962,138RUCKUS WIRELESS2,758

1.87406,879Viagens, Lazer e Catering

1.87406,879ARCOS DORADOS HOLDINGS CL.A34,020


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98.39418,801,672Acções


1.908,096,907DANA HOLDING WI518,700

9.1038,732,505Bancos

2.5010,661,420CITIGROUP INC269,5003.5415,063,418JP MORGAN CHASE AND CO342,5843.0613,007,667STATE STREET CORP276,700

1.667,068,819Bebidas

1.667,068,819PEPSICO INC103,300

3.6515,545,764Electricidade

1.415,993,980AES CORP560,1852.249,551,784AMERICAN ELECTRIC POWER INC223,800

8.5836,509,033Equipamento Eléctrico e Electrónico

3.2413,728,561HONEYWELL INTERNATIONAL INC216,3001.847,853,186KON PHLPS SP.ADR295,9002.339,933,312TE CONNECTIVITY LTD267,6001.174,993,974THERMO FISHER SCIE78,300


2.7311,610,960AMERICAN EXPRESS CO202,0002.8111,943,541AMERIPRISE FINANCIAL190,7000.723,071,409SLM179,300

2.189,283,734Telecomunicações de Linha Fixa

2.189,283,734AT & T INC275,400


1.908,078,829MONDELEZ INTERNATIONAL317,190

6.7128,566,295Produtos Industriais Gerais

3.4614,763,107GENERAL ELECTRIC CO703,3401.054,452,239MEADWESTVACO139,7000.753,193,824SEALED AIR182,4001.456,157,125TYCO INTERNATIONAL LTD210,500


2.149,099,066GAP INC293,1403.4414,664,635HOME DEPOT INC237,100


1.024,362,336CIGNA CORP81,6002.249,496,043HOLOGIC INC474,0911.385,882,268MEDTRONIC INC143,400


1.787,558,110ENERGIZER HOLDINGS94,5002.5710,967,044LENNAR A283,606


0.662,790,000PENTAIR56,7652.5210,729,587TEREX381,700

3.6415,488,403Bens de Lazer

3.6415,488,403COMCAST CLASS A414,350

1.626,903,447Suportes

1.626,903,447TIME WARNER144,333


3.0813,107,150TRAVELERS COMPANIES INC182,500


3.5114,966,576CHEVRON CORP138,4001.355,753,022DEVON ENERGY CORPORATION110,550

2.8812,241,320ENSCO - A206,5000.954,041,665NABORS INDUSTRIES279,7001.827,751,381VALERO ENERGY CORPORATION (NEW)227,180


2.279,670,912BAKER HUGHES INC236,800


1.677,129,170JOHNSON & JOHNSON101,7001.877,972,498MYLAN290,1203.7615,954,165PFIZER INC636,131


1.094,633,384CA210,800


1.014,311,948ADT CORP92,750


0.883,748,888APPLIED MATERIALS INC327,7002.259,562,672CISCO SYSTEMS INC486,6500.954,027,131DELL INC397,5451.887,998,251INTEL CORP387,7000.863,674,421LAM RESEARCH CORP101,7001.365,808,383WESTERN DIGITAL CORP136,700


Equity US Relative Value

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Equity Global Select

17





99.50166,260,539Acções

2.674,458,230Austrália

2.293,822,073BHP BILLITON LTD99,2310.38636,157LYNAS CORPORATION1,065,660

0.00-Bermudas

0.00-PEACE MARK (HLDGS)550,000

3.786,308,825Canadá

0.701,175,225ENBRIDGE27,2001.813,015,434GOLDCORP82,1001.272,118,166POTASH CORP OF SASKATCHEWAN (US)52,100

1.412,355,819Ilhas Caimão

1.412,355,819GOLDEN EAGLE RETAIL GROUP957,0002.033,388,281Curaçao

2.033,388,281SCHLUMBERGER LTD48,900

7.1912,015,758França

2.774,625,822BNP PARIBAS82,3920.781,309,832CARREFOUR SA51,3571.362,276,169DANONE34,5950.721,201,355LVMH MOET HENNESSY LOUIS VUITTON6,5651.562,602,580SCHNEIDER ELECTRIC SA36,003

2.173,631,416Alemanha

0.691,153,805ADIDAS AG12,9981.482,477,611SIEMENS AG-NOM22,862

2.263,782,250Indonésia

1.071,788,513ASTRA INTERNATIONAL TBK PT2,268,0001.191,993,737BANK CENTRAL ASIA2,111,500

6.6211,061,576Japão

1.833,056,405FANUC LTD16,6000.621,035,610HAMAMATSU PHOTONICS KK28,7001.101,831,261KOMATSU LTD72,5001.462,443,880MITSUBISHI CORPORATION128,3001.001,675,487SHIN-ETSU CHEMICAL CO LTD27,7000.611,018,933UNI-CHARM CORP19,600


0.50841,687CORE LABORATORIES7,700

1.993,325,078Suíça

0.841,410,602CIE FIN RICHEMONT18,0841.151,914,476NESTLE SA29,403


1.161,939,134AKAMAI TECHNOLOGIES INC47,4001.372,283,072ALLEGHENY TECHNOLOGIES INC75,2002.333,883,796AMGEN INC44,9931.953,254,778ANADARKO PETROLEUM CORP43,8001.191,996,040AON PLC35,9002.824,694,927APPLE INC8,8081.212,025,529CAVIUM64,9001.933,222,060CERNER CORP41,5000.901,503,280CITIGROUP INC38,0001.001,676,625CITRIX SYSTEMS INC25,5000.931,552,035CVS CAREMARK CORP32,1001.542,578,070EMC CORP101,9001.322,200,205FORD MOTOR CO169,9001.973,298,571GOOGLE INC-A4,6501.001,670,400IHS17,4000.54900,504INFORMATICA CORP29,7001.993,332,970INTL BUSINESS MACHINES CORP17,4001.141,912,443INTUITIVE SURGICAL3,9001.332,220,568KANSAS CITY SOUTHERN26,6001.362,274,657M&T BANK CORPORATION23,1001.071,790,770NATIONAL OILWELL VARCO26,2001.492,497,759NEXTERA ENERGY INC36,1001.021,712,463OCCIDENTAL PETROLEUM CORP22,3530.711,186,806PEABODY ENERGY CORP44,6002.193,647,319PEPSICO INC53,3001.202,011,695PNC FINANCIAL SERVICES GROUP34,5000.981,636,800POLYPORE INTERNATIONAL INC35,2001.081,805,925PRAXAIR INC16,5001.973,295,908PRECISION CASTPARTS CORP17,4000.711,182,276PROLOGIS32,400

1.282,139,690QUALCOMM INC34,5001.632,716,012QUESTAR CORP137,4501.191,995,492ROPER INDUSTRIES17,9001.662,772,480ROSS STORES INC51,2001.402,336,590SALESFORCE.COM13,9001.242,070,594STERICYCLE22,2001.482,473,874SVB FINANCIAL GROUP44,2002.544,231,716UNITED TECHNOLOGIES CORP51,6001.492,488,126US BANCORP77,9000.911,526,616VERTEX PHARMACEUTICALS INC36,4001.222,038,095VF CORP13,5001.282,139,471XCEL ENERGY INC80,1001.632,723,061ZIMMER HOLDING INC40,850

1.222,033,611Acções/Unidades de Participação em OICVM/OIC

1.222,033,611Acções/Unidades de Participação em fundos de investimento1.222,033,611França

1.222,033,611AMUNDI TRESO DOLLAR90



1.552,588,614ARM HOLDINGS207,364

0.731,219,093RECKITT BENCKISER GROUP PLC19,3352.093,486,988SABMILLER75,9382.684,486,639STANDARD CHARTERED175,421

1.482,471,083BG GROUP PLC150,148

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5.70437,330,600Investimentos e Serviços Imobiliários

1.57121,220,000MITSUI FUDOSAN CO LTD58,0001.40107,289,000NOMURA REAL ESTATE HOLDINGS65,5001.39106,329,600NTT URBAN DEVELOPMENT1,2781.34102,492,000SUMITOMO REALTY & DEVELOPMENT36,000


0.8161,984,000DAISEKI52,0001.1588,416,000MARUBENI CORP144,0001.76135,054,000MITSUBISHI CORPORATION82,0002.14163,582,500MITSUI & CO LTD127,500

Equity Japan Value

18





98.217,529,682,320Acções


0.9774,592,000AISIN SEIKI LTD28,0000.8464,296,000FCC36,0000.8464,702,000GS YUASA187,0002.93224,395,750HONDA MOTOR CO LTD71,3500.8363,420,000MUSASHI SEIMITSU35,0001.49114,608,000SUMITOMO ELECTRIC INDUSTRIES116,0000.9472,124,000YAMAHA MOTOR CO LTD76,000

11.05847,226,370Bancos

4.16318,827,600MITSUBISHI UFJ FINANCIAL GROUP691,6002.93225,012,400MIZUHO FINANCIAL GROUP INC1,433,2001.34102,604,000SEVEN BANK LTD452,0001.35103,354,370SUMITOMO MITSUI TRUST HLD343,3701.2797,428,000SURUGA BANK LTD92,000


1.0076,557,000ASAHI KASEI151,0000.9472,116,000JSR CORP44,0000.9975,828,000MITSUBISHI CHEMICAL HOLDINGS178,0000.8767,056,000NISSAN CHEMICAL INDUSTRIES LTD66,000


0.9875,120,000ASAHI GLASS CO LTD120,0000.7859,945,200COMSYS HOLDINGS54,2001.44111,186,000LIXIL GROUP CORPORATION58,0000.7456,471,000SANWA HOLDINGS149,0000.8363,308,000TOTO LTD98,000


0.7356,250,000AMANO CORP75,0000.7658,604,000JAPAN AVIATION ELECTRONICS IND92,0001.69128,775,000MURATA MANUFACTURING CO LTD25,5001.58121,484,000NIDEC CORP24,200


1.43109,200,000MATSUI SECURITIES140,0001.2193,120,900ORIX CORP9,610

1.3099,540,000Retalhistas de Alimentos e Medicamentos

1.3099,540,000FAMILYMART28,000


0.3123,850,000NICHIREI CORP53,0000.7356,165,000NIPPON MEAT PACKERS47,000

0.3828,888,000Gás, Água e Múltiplos Serviços

0.3828,888,000OSAKA GAS CO LTD92,000


0.8162,012,000SHIMAMURA7,4001.62124,022,500YAMADA DENKI37,300


0.9169,802,500TERUMO CORP20,500


0.8868,059,500SEKISUI HOUSE LTD72,2500.7557,200,000SXL CORP400,000


0.9976,197,800DAIKIN INDUSTRIES LTD25,9001.3099,792,500DISCO CORPORATION22,3000.9572,848,000KAWASAKI HEAVY INDUSTRIES314,0001.71131,040,000KOMATSU LTD60,0001.2091,698,000KUBOTA CORPORATION93,0000.8162,436,000KURITA WATER INDUSTRIES LTD33,0001.81138,890,000MITSUBISHI ELECTRIC CORP190,0001.40107,136,000THE JAPAN STEEL WORKS192,0000.8867,584,000THK CO LTD44,000


1.57120,150,000JFE HOLDINGS75,000

1.82139,384,000Bens de Lazer

1.82139,384,000NINTENDO CO LTD15,200


0.8162,216,000PACIFIC METALS CO LTD154,000


1.2293,775,000MS AD ASSURANCE55,0002.04156,205,650TOKIO MARINE HLDGS INC65,550


0.7456,776,000JAPAN PETROLEUM EXPLORATION18,8001.2091,744,000SHOWA SHELL SEKIYU KK188,000


1.1487,120,000EISAI24,2001.2092,435,000NIPPON SHINYAKU95,0000.3728,416,000TAISHO PHARM4,8000.7758,725,000TSUMURA & CO22,500

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0.8262,899,200NOMURA RESEARCH35,1000.8968,518,500NTT DATA2554.89374,267,250TOYOTA MOTOR CORP93,450


2.49190,714,000CANON INC57,1001.51115,689,000TOKYO ELECTRON LTD29,400


1.1689,050,000SANKYO CO LTD26,0001.0076,788,000TOKYU CORP158,000


Equity Japan Value


0.9975,685,500NIPPON TELEGRAPH & TELEPHONE20,850


1.98152,055,000EAST JAPAN RAILWAY CO27,2500.7960,306,100HITACHI TRANSPORT SYSTEM47,9001.32100,942,000MITSUBISHI LOGISTICS CORP82,0001.33101,907,000NIPPON YUSEN507,000

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Equity Euro Select

20





98.09116,332,484Acções

1.511,791,152Bélgica

1.511,791,152ANHEUSER-BUSH INBEV27,246

0.43514,723Finlândia

0.43514,723METSO OYJ16,065

38.8146,027,812França

1.131,338,701ACCOR50,1481.982,342,983AIR LIQUIDE24,6501.411,676,880AXA SA125,6094.665,537,582BNP PARIBAS130,0360.73866,579CARREFOUR SA44,7961.421,678,662COMPAGNIE DE SAINT-GOBAIN SA52,1001.241,474,086CREDIT AGRICOLE SA242,2891.802,140,076DANONE42,8831.361,616,795DASSAULT SYSTEMES19,1950.851,006,560ELECTRICITE DE FRANCE72,0001.161,381,238GDF SUEZ88,6831.812,142,792L’OREAL20,4273.023,581,317LVMH MOET HENNESSY LOUIS VUITTON25,8021.031,220,538MICHELIN SA17,0491.651,955,977PUBLICIS GROUPE43,2261.862,205,117SAFRAN67,6524.615,464,404SANOFI76,5431.031,221,652SOCIETE GENERALE A43,1071.191,409,614SODEXO22,122

1.221,448,318TECHNIP SA16,6781.311,548,193THALES SA58,9902.342,769,748TOTAL71,001

26.8631,859,713Alemanha

3.734,428,953ALLIANZ SE-REG42,2612.983,530,819BASF SE49,6253.484,131,518BAYER AG57,4700.921,094,905BEIERSDORF17,6942.292,713,538CONTINENTAL AG30,9801.021,204,230DAIMLER29,1441.201,421,496DEUTSCHE BANK AG-REG43,1412.512,980,918DEUTSCHE TELEKOM AG-REG346,8201.031,219,546E.ON SE86,5541.301,540,215GEA GROUP AG62,9430.64760,732HEIDELBERGCEMENT AG16,5990.79942,072MUENCHENER RUECKVERSICHERUNGS AG-REG6,9271.702,011,327SAP AG33,1411.531,815,223SIEMENS AG-REG22,0830.76897,216TELEFONICA DEUTSCHLAND HOLDING AG155,3890.981,167,005VOLKSWAGEN AG-PFD6,779

3.514,158,311Espanha

1.281,515,521BANCO SANTANDER SA248,4461.191,413,245DIA SA293,8141.041,229,545REPSOL80,179


1.201,428,934BG GROUP PLC114,4701.441,703,698MEGGITT PLC361,4621.061,255,066RIO TINTO PLC28,9900.0225,727ROYAL DUTCH SHELL9861.641,945,190ROYAL DUTCH SHELL PLC-A74,8871.301,537,696VODAFONE GROUP PLC807,527





1.661,966,780AMUNDI TRESO EONIA C90.15178,674AMUNDI TRESO INSTITUTION8


9.8411,669,151Itália

1.271,502,716ASSICURAZIONI GENERALI109,3680.78926,184ATLANTIA SPA67,7531.341,592,450ENEL SPA507,4731.932,291,876ENI SPA124,9661.251,488,228INTESA SANPAOLO SPA1,144,7912.212,615,729SAIPEM89,2741.061,251,968UNICREDIT SPA REGR337,822


0.40478,182APERAM41,909


1.702,009,865EADS68,1310.75894,540FUGRO NV CERTIFICAT-CVA20,0931.591,888,606ING GROEP NV-CVA267,4701.031,225,015ROYAL PHILIPS ELECTRONICS NV61,5740.43510,771STMICROELECTRONICS NV95,1512.532,991,976UNILEVER CVA103,762

2.042,416,356Noruega

2.042,416,356PETROLEUM GEO SERVICES185,939

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Equity Europe Select

21





97.52122,930,168Acções

2.092,629,600Bélgica

2.092,629,600ANHEUSER-BUSH INBEV40,000

24.2730,576,887França

1.211,521,615ACCOR57,0002.032,563,760AXA SA192,0424.235,323,125BNP PARIBAS125,0001.531,934,500CARREFOUR SA100,0001.251,581,300CGG VERITAS70,0001.511,900,980COMPAGNIE DE SAINT-GOBAIN SA59,0001.441,810,945DASSAULT SYSTEMES21,5000.61768,900ELECTRICITE DE FRANCE55,0000.54683,250IPSEN30,0001.982,498,400LVMH MOET HENNESSY LOUIS VUITTON18,0001.812,281,650SAFRAN70,0002.392,998,380SANOFI42,0001.351,700,400SOCIETE GENERALE A60,0001.381,736,800TECHNIP SA20,0001.011,272,882THALES SA48,500

4.075,132,260Itália

1.051,317,960ENEL SPA420,0001.041,305,600FINMECCANICA SPA300,0001.251,582,200SAIPEM54,0000.73926,500UNICREDIT SPA REGR250,000

1.782,244,360Jersey

1.782,244,360WPP PLC205,000


1.071,350,311SUBSEA 7 SA75,000


1.551,956,794EADS66,3320.851,068,480FUGRO NV CERTIFICAT-CVA24,0001.401,770,655ROYAL PHILIPS ELECTRONICS NV89,000

1.441,819,359Noruega

1.441,819,359PETROLEUM GEO SERVICES140,000

0.00-Suécia

0.00-SVENSKA MILJOEB B330,000

15.7419,839,606Suíça

2.112,662,413CIE FIN RICHEMONT45,0001.061,330,378CLARIANT (NAMEN)130,0001.321,663,076HOLCIM LTD-NOM30,0002.082,618,288NOVARTIS AG-NOM55,0002.853,583,029ROCHE HOLDING AG - BON DE JOUISSANCE

DIVIDENDE23,500

2.813,547,398UBS AG NOM300,0002.032,564,950WOLSELEY PLC71,7391.481,870,074ZURICH INSURANCE GROUP AG9,272

23.4229,528,111Reino Unido

2.052,588,090BARCLAYS PLC800,0001.291,622,796BG GROUP PLC130,0001.561,969,085BHP BILLITON PLC75,0001.351,697,964BP PLC324,2041.311,645,913GLAXOSMITHKLINE PLC100,0002.403,030,724HSBC HOLDINGS PLC380,0000.931,170,263IMPERIAL TOBACCO GROUP PLC40,0000.801,013,371MEGGITT PLC215,0001.561,969,834RIO TINTO PLC45,5000.0453,828ROYAL DUTCH SHELL2,0633.083,870,327ROYAL DUTCH SHELL PLC-A147,9370.46581,618SHIRE25,0000.921,158,388STANDARD CHARTERED59,7122.893,646,283UNILEVER125,0001.852,334,556VODAFONE GROUP PLC1,226,0010.931,175,071XSTRATA PLC90,000



4.145,223,112AMUNDI TRESO EONIA C24


18.3223,091,991Alemanha

3.033,825,095ALLIANZ SE-NOM36,4991.431,797,250BAYER AG25,0001.471,856,400BEIERSDORF30,0002.783,503,600CONTINENTAL AG40,0001.471,859,400DAIMLER45,0001.461,839,253DEUTSCHE TELEKOM AG-NOM213,9911.632,055,113GEA GROUP AG83,9850.69865,412KLOECKNER & CO AG96,5002.623,300,000LINDE AG25,0000.981,233,000SIEMENS AG-NOM15,0000.76957,468TELEFONICA DEUTSCHLAND HOLDING AG165,824

1.521,921,754Espanha

1.521,921,754DIA SA399,533

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Equity Euroland Small Cap

22





91.99130,973,792Acções

8.1011,538,101Áustria

2.123,025,414AMAG AUSTRIA METALL130,6311.752,490,782ANDRITZ AG51,3141.351,919,840RHI AG77,1022.143,041,802SCHOELLER-BLECKMANN OILFIELD E38,3630.741,060,263VOESTALPINE AG38,332

1.592,269,605Bélgica

1.592,269,430ACKERMANS EN VAN HAAREN36,4450.00175NYRSTAR STRIP VVPR175,301

3.274,655,234Finlândia

1.802,564,931KEMIRA OYJ217,1831.472,090,303POHJOLA BANK185,475

24.6135,030,237França

1.902,701,628AIR FRANCE-KLM386,0021.442,053,365ALTRAN TECHNOLOGIES357,1071.101,571,528ATOS29,7301.622,304,154BIC25,5110.951,356,710CGG VERITAS60,0581.952,777,864CIMENTS VICAT SA58,8781.101,572,021EURAZEO43,4201.442,045,005INTER PARFUMS88,2990.901,284,295MERCIALYS74,8862.213,134,550NEXITY122,7551.412,008,188REMY COINTREAU24,2741.001,424,556REXEL92,2641.612,296,398RUBIS44,332

1.351,925,002Irlanda

0.00-ANGLO IRISH BANK CORP20,4671.351,925,002GRAFTON GROUP UNIT491,072

15.1021,492,675Itália

1.031,465,505AMPLIFON390,3851.472,092,236ANSALDO STS SPA296,7712.123,013,336BANCA GENERALI233,4111.512,153,318BANCA POPOLARE DI MILANO4,763,9771.401,992,256DANIELI & C.OFFICINE RNC156,3780.30426,317DE LONGHI39,0400.00-PARMALAT FINANZIARIA316,9651.712,428,303PRYSMIAN SPA161,7792.173,093,511TOD’S SPA32,3422.052,914,268UBI BANCA SCPA831,2231.341,913,625YOOX SPA160,539


1.752,496,550EUROFINS SCIENTIFIC20,380


1.642,327,682AALBERTS INDUSTRIES NV148,2601.522,162,847ARCADIS NV120,8971.181,681,368GEMALTO24,7261.161,657,941KONINKLIJKE VOPAK N.V.31,1000.69988,785LBI INTERNATIONAL NV346,9422.323,290,446NUTRECO HOLDING NV51,3330.851,209,876QIAGEN NV87,9910.33476,190TKH GROUP NV24,420

5.137,308,064Espanha

1.692,409,718BOLSAS Y MERCADOS ESPANOLES130,6080.47673,554DIA SA140,0321.422,017,560EBRO FOODS SA134,5041.552,207,232TECNICAS REUNIDAS62,911



3.575,082,510AMUNDI ETF EURO STOX SMALL CAP191,0005.848,315,109AMUNDI TRESO EONIA C380.49692,586AMUNDI TRESO INSTITUTION31


21.4030,463,189Alemanha

2.793,968,439AURUBIS AG73,7081.181,680,971BILFINGER SE23,0271.271,806,444BRENNTAG AG18,1681.301,844,744DRAEGERWERK AG CO KGAA24,1080.65930,337EVENTIM AG ORD SHS34,9161.912,717,920GSW IMMOBILIEN84,9351.762,500,068KUKA AG90,3531.061,514,701MTU AERO ENGINES HLDG AG22,0161.462,082,626RHEINMETALL AG57,2150.711,014,090SALZGITTER AG25,7222.673,803,129SKY DE920,1861.722,452,405SOFTWARE76,3872.924,147,315WIRECARD222,974

1.401,990,485SCOR SE ACT PROV97,5252.213,126,904VALEO83,0851.241,770,350VILMORIN & CIE18,9141.131,612,236VIRBAC SA10,759

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Equity Global Gold Mines

23





99.91115,832,454Acções


0.80930,574CONTINENTAL GOLD LTD104,6950.68782,694MEDUSA MINING138,8403.584,155,517NEWCREST MINING180,4620.981,133,228PERSEUS MINING519,781

66.5477,137,694Canadá

2.452,838,086AGNICO EAGLE MINES54,1000.79915,680ALACER GOLD CORP175,3312.482,875,583ARGONAUT GOLD302,3394.965,755,489BARRICK GOLD CORP164,5781.041,208,150CENTERRA GOLD129,2082.112,449,012DETOUR GOLD97,9686.507,540,942ELDORADO GOLD CORP586,5892.022,345,123FIRST MAJESTIC SILVER116,4003.453,994,824FRANCO NEVADA70,0529.8111,363,594GOLDCORP309,3922.492,889,081IAMGOLD252,5546.177,156,815KINROSS GOLD737,6680.27316,537MIDAS GOLD140,7003.894,512,183NEW GOLD408,0540.75872,573OSISKO MINING CORP108,6001.041,203,457PRETIUM RESOURCES91,4000.951,100,317QUEENSTON MINING INC224,5000.52597,991RAINY RIVER RESOURCES119,8000.38435,375RUBICON MINERALS169,9971.051,221,601SEMAFO INC355,6493.033,511,532SILVER WHEATON97,5000.77890,189TAHOE RESOURCES INC48,7002.052,379,021TOREX GOLD RESOURCES1,076,6987.578,764,539YAMANA GOLD510,032

7.198,336,779Jersey

0.63729,991LYDIAN INTL347,7681.802,092,611POLYUS GOLD INT628,7700.71819,652RANDGOLD RESOURCES8,4754.054,694,525RANDGOLD RESOURCES ADR47,300

9.4310,937,855África do Sul

3.464,007,681ANGLOGOLD ASHANTI129,6133.163,667,153ANGLOGOLD ASHANTI-SPON ADR116,9001.621,878,701HARMONY GOLD215,4001.191,384,320HARMONY GOLD ADR154,500


1.561,807,553AFRICAN BAR252,3912.643,066,388FRESNILLO PLC-W/I102,138


1.491,729,884ALLIED NEVADA GOLD CORP57,414

5.025,814,288NEWMONT MINING CORP125,200

0.0442,182Warrants, direitos0.0442,182Canadá

0.0442,182TOREX GOLD RESOURCES INC WARRANT23/10/2013

150,000


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Equity Global Luxury and Lifestyle

24





96.2794,728,838Acções6.075,971,429Automóveis e Peças Sobressalentes

3.583,522,392BAYERISCHE MOTORENWERKE36,6341.281,260,200DAIMLER23,1331.211,188,837TESLA MOTOR INC35,100

6.676,564,518Bebidas

2.242,202,207DIAGEO75,8162.182,140,420PERNOD RICARD18,5672.252,221,891REMY COINTREAU20,371


1.691,663,601LINDT AND SPRUENGLI PS511


1.531,502,069DUFRY GROUP-NOM11,4961.431,408,076GOLDEN EAGLE RETAIL GROUP572,0001.211,187,679LIFESTYLE INTERNATIONAL HOLDINGS LTD484,5002.172,144,610PPR11,5491.951,918,252TIFFANY & CO33,4540.61600,891YOOX SPA38,236


0.87859,227ESSILOR INTERNATIONAL8,5732.192,152,712LUXOTTICA GROUP52,5530.83813,817NOBEL BIOCARE HLDG AG-NOM95,996


4.764,679,043ADIDAS AG52,7111.301,279,874BURBERRY GROUP64,2255.515,423,395CHRISTIAN DIOR32,0757.817,681,401CIE FIN RICHEMONT98,4766.186,084,118COACH INC109,6042.082,049,095HERMES INTERNATIONAL6,8682.722,679,566L’OREAL19,3754.704,619,499LVMH MOET HENNESSY LOUIS VUITTON25,2443.963,896,110NIKE INC -B-75,5062.152,116,571POLO RALPH LAUREN A14,1182.542,502,580PRADA262,3000.80789,972SALVATORE FERRAGAMO36,0097.727,597,553THE SWATCH GROUP15,0792.262,218,943TOD’S SPA17,5965.845,747,579VF CORP38,071


1.971,937,564APPLE INC3,635


3.012,957,930INTERCONT HOTELS GROUP PLC106,6061.141,122,908MARRIOTT INTERNATIONAL-A30,1292.602,558,256STARWOOD HTLS & RESORTS WORLD44,600


3.383,321,565Acções/Unidades de Participação em fundos de investimento3.383,321,565Fundo de investimento

3.383,321,565AMUNDI TRESO DOLLAR147


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Equity Global Agriculture

25





99.17170,109,992Acções

7.7113,228,081Bermudas

5.9210,162,062BUNGE LTD139,8001.242,120,475COSAN CL A122,5000.55945,544NOBLE GROUP LTD1,000,000

8.1814,029,064Brasil

7.5913,022,759BRF BR FOODS SP ADR616,9000.591,006,305SLC AGRICOLA103,800

9.5016,296,020Canadá

2.995,127,880AGRIUM INC51,5006.5111,168,140POTASH CORP OF SASKATCHEWAN (US)274,700

0.00-Ilhas Caimão

0.00-CHAODA MODERN AGRICULTURE HLDGS LTD2,886,000

1.011,729,200Chile

1.011,729,200SOC QUIM&MIN SP ADR30,000

3.375,779,503Alemanha

0.50859,597BAYWA AG VINK N20,0001.021,753,472K+S AG NOM.38,0001.853,166,434SUEDZUCKER77,500

0.54931,272Espanha

0.54931,272VISCOFAN16,500

6.7611,594,524Suíça

6.7611,594,524SYNGENTA AG-NOM28,950

1.021,748,734Tailândia

1.021,748,734CHAROEN POKPHAND FOOD1,585,000


4.938,452,811ASSOCIATED BRITISH FOODS332,5000.51874,239GENUS38,5000.49848,435TATE & LYLE PLC68,500


1.061,817,440AGCO CORP37,0000.56965,250ANDERSONS INC22,5005.9410,183,602ARCHER-DANIELS MIDLAND CO371,8002.724,672,680CF INDUSTRIES HOLDINGS INC23,0000.51882,200DARLING INTERNATL55,0004.898,391,382DEERE & CO97,1000.961,642,965INGREDION25,5000.991,703,200INTREPID POTASH INC80,0000.581,001,500LINDSAY SHS12,5007.0612,086,804MONSANTO127,7003.305,663,000MOSAIC CO THE -WI100,0000.971,658,360RENTECH NITROGEN PARTNERS LP44,0001.953,343,350SMITHFIELD FOODS155,0000.49839,420TRACTOR SUPPLY9,5000.54926,590TRIMBLE NAVIGATION15,5003.966,790,000TYSON FOODS -A-350,0000.52887,575VALMONT IND INC6,500


0.49839,910Hong Kong (China)

0.49839,910CHINA AGRI-INDUSTRIES HLDGS1,500,000

3.255,580,582Japão

2.323,991,210KUBOTA CORPORATION350,0000.931,589,372NIPPON MEAT PACKERS115,000

2.163,698,479Maurício

2.163,698,479GOLDEN AGRI-RESSOURCES LTD6,950,400


0.881,510,875CNH GLOBAL NV37,5000.52887,349NUTRECO HOLDING NV10,500

3.606,182,475Noruega

1.582,713,994MARINE HARVEST2,950,0002.023,468,481YARA INTERNATIONAL ASA70,500

2.524,322,900Rússia

0.52884,000PHOSAGRO ADR65,0002.003,438,900URALKALI-SPON GDR90,000

4.738,120,221Singapura

0.51874,322INDOFOOD AGRI RESOURCES LTD800,0004.227,245,899WILMAR INTERNATIONAL2,650,000

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Equity Global Resources

26





99.8168,232,341Acções


2.401,640,051BHP BILLITON LTD42,5800.92629,952NEWCREST MINING27,3571.561,064,630RIO TINTO LTD15,535

26.5818,171,870Canadá

3.142,145,614AGNICO EAGLE MINES40,9004.553,110,058BARRICK GOLD CORP88,9323.132,140,454ELDORADO GOLD CORP166,5001.511,032,181FRANCO NEVADA18,1004.953,385,183GOLDCORP92,1672.421,652,241KINROSS GOLD170,3001.06725,055LUNDIN MINING141,0000.35239,869POTASH CORP OF SASKATCHEWAN (US)5,9001.38943,612SILVER WHEATON26,2004.092,797,603YAMANA GOLD162,800

0.00-Ilhas Caimão

0.00-APEX SILVER MINES43,918

3.432,342,002Curaçao


3.822,612,515França

0.99674,398LAFARGE SA10,6062.831,938,117TOTAL37,684

2.261,545,236Alemanha

2.261,545,236BASF SE16,473

2.871,965,306Itália

2.871,965,306ENI SPA81,280

0.48328,054Jersey

0.48328,054RANDGOLD RESOURCES3,392


2.441,661,674BHP BILLITON PLC48,0062.221,518,149RIO TINTO PLC26,5981.26864,128ROYAL DUTCH SHELL A SHARES25,0530.0748,218ROYAL DUTCH SHELL PLC-A1,4081.00684,976XSTRATA PLC39,793


2.021,377,928AIR PRODUCTS & CHEMICALS INC16,4001.541,052,934ALBEMARLE16,9500.80545,972ALCOA INC62,9001.901,300,425ANADARKO PETROLEUM CORP17,5001.751,193,404CELANESE SER A26,8001.23839,815CHEVRON CORP7,7663.562,435,580CONOCOPHILLIPS42,0003.422,339,968DOW CHEMICAL CO72,4000.88602,598E.I. DUPONT DE NEMOURS & CO13,4004.963,388,779EXXON MOBIL CORP39,1542.421,655,280FREEPORT MCMORAN COPPER&GLD INC-B48,4003.892,659,122HESS CORP50,2101.881,282,848INTERNATIONAL PAPER32,2005.033,446,184MARATHON OIL CORP112,4004.032,753,100MARATHON PETROLEUM43,7001.01690,945MONSANTO7,3002.901,982,988NEWMONT MINING CORP42,7002.621,791,970NUCOR CORP41,5001.40955,800PHILLIPS 6618,0000.66448,745PRAXAIR INC4,1000.60411,195VULCAN MATERIALS CO7,900

0.002,639Warrants, direitos0.002,639Canadá

0.002,639KINROSS GOLD WARRANT 17/09/20148,907


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Equity Europe Restructuring

27





95.0121,746,557Acções

1.12257,470Áustria

1.05241,050ANDRITZ AG4,9660.0716,420INTERCELL9,052

1.31299,348Bélgica

0.64146,802MOBISTAR7,5710.67152,546TELENET GROUP HOLDING4,279

0.2557,926Dinamarca

0.2557,926ZEALAND PHARMA5,145


2.02463,422POHJOLA BANK41,120

26.005,950,151França

0.59135,585ALCATEL LUCENT135,1791.03236,108ALSTOM7,8350.78178,085ATOS3,3692.32531,290BNP PARIBAS12,4762.16493,722CAP GEMINI SA15,0252.26517,469CGG VERITAS22,9071.89432,926DANONE8,6751.21276,185EULER HERMES4,2492.02461,808ILIAD3,5512.04466,281L’OREAL4,4452.12486,341PERNOD RICARD5,5621.85422,668REMY COINTREAU5,1092.46561,155SAFRAN17,2162.14490,735SANOFI6,8741.13259,793SOCIETE GENERALE A9,167

17.924,099,377Alemanha

0.98223,266ADIDAS AG3,3161.47336,094ALLIANZ SE-REG3,2072.77632,992BAYER AG8,8052.22507,540BEIERSDORF8,2021.01231,142DEUTSCHE BOERSE AG5,0021.01231,442E.ON SE16,4262.02462,850GEA GROUP AG18,9150.87198,170K+S AG REG5,6620.62141,160MERCK KGAA1,4142.22509,285PUMA AG2,2650.96219,780SYMRISE8,1041.77405,656THYSSENKRUPP AG22,841

0.70160,992Itália

0.70160,992SALVATORE FERRAGAMO9,675


0.81185,772ARCELORMITTAL SA14,362


2.04468,018EADS15,8652.22506,244ING GROEP NV-CVA71,6961.04238,068QIAGEN NV17,3141.33304,315SBM OFFSHORE NV28,941

0.1842,196Noruega

0.1842,196ALGETA2,000

2.36540,221Espanha

2.36540,221REPSOL35,2285.311,216,301Suíça

0.54124,552ACTELION N3,4530.97223,136BARRY CALLEBAUT N3061.02233,594CLARIANT (NAMEN)22,8260.95217,302LINDT AND SPRUENGLI PS881.83417,717UBS AG NOM35,326


1.72394,655ANGLO AMERICAN PLC16,9010.2454,426ARM HOLDINGS5,7482.63602,411BARCLAYS PLC186,2102.66608,437BG GROUP PLC48,7411.86425,400BT GROUP PLC149,3041.99454,531BURBERRY GROUP30,0712.29524,321CENTRICA PLC127,4810.2556,303DARTY SHS80,1181.26288,653INVENSYS PLC72,0392.12484,966LONDON STOCK EXCHANGE36,1541.87427,972MEGGITT PLC90,8002.39546,532RECKITT BENCKISER GROUP PLC11,4281.33304,280SMITH & NEPHEW36,3211.04237,583SMITHS GROUP16,1802.36540,671TATE & LYLE PLC57,5512.41551,697UNILEVER18,9130.78178,958WEIR GROUP7,7251.20274,940XSTRATA PLC21,058







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Equity ASEAN

28





97.72205,206,453Acções2.395,018,623Bermudas

0.962,008,955ARA ASSET MANAGEMENT1,514,8001.433,009,668NOBLE GROUP LTD3,183,000

0.781,631,494França

0.781,631,494CSE GLOBAL2,555,000

1.162,437,488Índia

1.162,437,488BANK NEGARA INDONESIA PERSERO6,349,000

21.9346,061,382Indonésia

1.002,099,423ALAM SUTERA33,722,0003.807,993,107ASTRA INTERNATIONAL TBK PT10,136,0003.597,529,662BANK MANDIRI8,958,9070.39815,145BERAU COAL ENERGY TBK40,287,0000.841,759,383BW PLANTATION12,287,0001.242,611,524CHAROEN POKPHAND6,895,5001.132,362,992GUDANG GARAM404,5001.112,336,559INDOFOOD CBP2,887,0002.054,313,415INDOMOBIL SUKSES7,843,5001.042,188,562MODERN INTERNASIONAL TBK PT27,753,0001.703,569,493PT HARUM ENERGY TBK5,733,5001.262,649,477PT SEMEN GRESIK TBK1,611,0000.761,599,698TAMBANG BATUBARA-B-1,021,0000.921,931,135TELKOM -B-2,056,5001.102,301,807UNITED TRACTORS1,126,075

8.0616,924,303Malásia

0.881,848,785AXIATA GROUP BHD857,9000.881,848,604DIALOG2,355,4201.152,419,039HONG LEONG BANK500,5001.252,615,054KUALA LUMPUR KEPONG333,2000.831,751,450MAXIS BERHAD805,4003.076,441,371SAPURAKENCANA PETROLEUM6,253,215

1.453,055,459Maurício


11.8324,849,095Filipinas

1.593,331,428AYALA LAND INC5,171,9000.761,591,810MANILA ELECTRIC A250,8201.553,250,437METRO BANK & TRUST1,308,5401.503,158,245ROBINSONS LAND CORPORATION6,249,9000.861,797,801SAN MIGUEL PURE FOODS302,5502.244,722,119SECURITY BANK1,242,9621.052,209,162SM INVESTMENTS CORP102,8501.142,403,455SM PRIME HLDGS5,981,3251.142,384,638UNIVERSAL ROBINA1,167,790

24.4751,385,063Singapura

1.954,097,294BUMITAMA AGRI4,744,0002.054,304,233CAPITALAND1,421,0001.733,632,184CAPITAMALLS2,287,0000.921,932,492CWT LIMITED1,927,0003.797,939,248DBS GROUP HOLDINGS LTD653,5001.172,466,594FAR EAST HOSPITALITY2,998,0001.603,366,891FIRST RESOURCES LTD2,036,0001.242,605,937GOODPACK LIMITED1,730,0003.336,996,128KEPPEL CORPORATION LTD776,9001.543,227,295SEMBCORP MARINE857,0000.931,963,008SINGAPORE PRESS HOLDING595,0001.703,567,527SUPER GROUP1,345,0001.072,242,954TAT HONG HLDGS2,022,0001.453,043,278WILMAR INTERNATIONAL1,113,000

25.5253,561,557Tailândia

1.924,036,522ADVANCED INFO SCE PUB. CO LTD590,8000.901,895,497BERLI JUCKER PUBLIC CO LTD -FOREIGN939,0001.082,265,741CHAROEN POKPHAND FOOD2,053,6001.182,472,482C.P. ALL PCL1,644,2003.848,048,689KASIKORNBANK PCL-NVDR1,272,4002.445,131,738KRUNG THAI BANK PUBLIC FOREIGN8,009,1752.304,819,909PTT GLOBAL CHEM2,106,3001.753,671,645PTT PUBLIC COMPANY FOREIGN338,3001.653,465,648SIAM COMMCL BANK -F-584,1001.643,451,994SINO THAI FOREIGN3,875,1001.132,366,847SUPALAI PUBLIC FOREIGN4,090,5000.36748,156SUPALI PUBLIC NVDR1,293,0001.753,671,520THAI BEVERAGE11,354,0000.651,369,198THAI OIL F620,5001.753,666,705THAI UNION FROZEN1,557,8401.182,479,266VGI GLOBAL MEDIA819,900

0.13281,989Vietname

0.13281,989HAGL JOINT STOCK COMPANY272,067

0.0121,757Warrants, direitos0.0121,757Malásia

0.0121,757DIALOG GRP WARRANT 12/02/2017149,510


1.312,752,087Acções/Unidades de Participação em fundos de investimento1.312,752,087Singapura

1.312,752,087SUNTEC REIT2,007,000


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96.62277,400,872Acções2.386,820,480Bermudas

0.481,365,607ARA ASSET MANAGEMENT1,029,7000.772,207,200JARDINE MATHESON HOLDINGS35,6000.521,503,370KERRY PROPERTIES289,5000.611,744,303PACIFIC BASIN SHIPPING3,108,000


0.702,010,429AAC TECHNOLOGIES HOLDINGS IN575,0000.421,202,229BELLE INTERNATIONAL HOLDINGS554,0001.183,398,034CHINA STATE CONSTRUCTION INTL2,832,0000.732,096,667INTIME DEPARTMENT STORE1,778,0000.16461,354LI NING CO709,5000.511,468,874LONGFOR PROPERTIES750,0000.32930,886MSTAR SEMICONDUCTOR INC124,0001.815,175,431TENCENT HOLDINGS LTD161,100

12.1734,949,521China

1.584,539,478BANK OF CHINA -H-10,169,0001.233,535,005CHINA COMMUNICATIONS CONSTR H3,663,0000.782,251,799CHINA CONSTRUCTION BANK H2,806,0000.942,696,200CHINA LIFE INSURANCE CO-H826,0001.163,326,742CHINA SHENHUA ENERGY CIE LTD759,5003.159,044,699INDUSTRIAL & COMMERCIAL BANK OF CHINA-H12,746,1753.058,743,389PETROCHINA CO LTD-H6,172,0000.28812,209SINOPHARM259,600

0.19551,286França

0.19551,286CSE GLOBAL863,341

16.0846,152,479Hong Kong (China)

2.647,566,760AIA GROUP1,938,8001.283,670,613ASM PACIFIC TECHNOLOGY LTD301,7001.293,702,352BRILLIANCE CHINA AUTOMOTIVE3,008,000

1.103,162,756CHEUNG KONG HOLDINGS LTD206,0001.524,366,465CHINA MOBILE LTD375,0000.742,116,030CHINA OVERSEAS LAND & INVESTMENT LTD710,0000.561,603,469DAH SING FIN HLDGS355,6000.762,184,010HENGAN INTERNATIONAL GROUP CO LTD242,0002.005,751,110HUTCHISON WHAMPOA LTD551,0001.253,599,287LENOVO GROUP LTD3,974,0000.812,323,750SUN HUNG KAI PROPERTIES155,0000.551,582,209TECHTRONIC INDUSTRIES854,0001.584,523,668THE LINK REAL ESTATE INV TRUST906,000

10.2929,554,454Índia

0.631,817,657ACC LIMITED69,5360.441,250,993BANK NEGARA INDONESIA PERSERO3,258,5000.441,277,401EXIDE INDUSTRIES484,6871.434,075,080HDFC BANK329,0210.33952,692IRB INFRAST DEV408,5950.782,241,704ITC LTD428,2530.772,222,403JINDAL STEEL & POWER LTD271,8890.992,845,638KOTAK MAHINDRA BANK LTD239,8470.521,499,243LUPIN133,8170.24695,447MAHINDRA & MAHINDR40,8990.19556,668MAHINDRA & MAHINDRA FINANCIAL27,7650.521,493,803MARUTI SUZUKI SHS54,9280.411,174,529MCLEOD RUSSEL INDIA LTD183,9430.722,069,684RELIANCE INDUSTRIES LTD135,0700.631,797,662RURAL ELECTRIFICATION CORP LTD401,6880.611,745,521TATA MOTORS305,8920.641,838,329WOCKHARDT64,042

4.2612,236,622Indonésia

0.511,465,556ALAM SUTERA23,540,5001.584,531,909BANK MANDIRI5,392,1350.32914,236GUDANG GARAM156,5000.371,067,974INDOMOBIL SUKSES1,942,0000.792,273,306PT HARUM ENERGY TBK3,651,5000.691,983,641UNITED TRACTORS970,424

1.594,573,708Malásia

0.571,669,057AXIATA GROUP BHD774,5000.521,482,356HONG LEONG BANK306,7000.501,422,295SAPURAKENCANA PETROLEUM1,380,749

1.704,882,196Filipinas

0.601,722,431AYALA LAND INC2,674,0000.581,670,561ROBINSONS LAND CORPORATION3,305,9000.521,489,204SECURITY BANK391,990

20.1757,909,895Coreia do Sul

0.25721,686DAUM COMMUNICATIONS CORP8,4810.20564,677EUGENETECH43,0272.196,276,358HYUNDAI MOTOR30,7521.053,005,226KOREA ZINC7,9440.972,783,766LG CHEM9,0311.313,755,902LG DISPLAY CO LTD129,5001.243,560,009LG HOUSEHOLD & HEALTH CARE LTD5,8010.511,477,993LOCK LOCK68,3500.782,225,937MANDO CORP18,5450.571,634,794NHN CORP7,7108.3023,829,965SAMSUNG ELECTRONICS CO LTD16,7620.33956,602SAMSUNG ENGINEERING6,1880.461,311,858SAMSUNG TECHWIN23,5251.584,545,681SK HYNIX INC188,9900.30874,297S-OIL CORP9,0000.13385,1443ONE168,296


0.862,474,724SPREADTRUM COMMUNICATION ADR142,800

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12.3235,361,411Taiwan

0.521,487,291ASUSTEK COMPUTER132,2800.521,495,231AU OPTRONICS CORP3,340,0001.283,683,128CHENG SHIN RUBBER INDUSTRY CO LTD1,418,4920.31889,494CTCI450,0000.411,176,353FAR EASTONE TELECOMMUNICATION461,0000.842,402,398INNOLUX DISPLAY CORPORATION4,472,0000.631,804,712MEDIATEK INC162,0000.802,306,382NOVATEK MICROELECTRONICS570,0000.17487,689ORISE TECHNO365,0001.133,230,596RADIANT OPTO-ELECTRONICS785,0480.501,436,285SIMPLO TECHNOLOGY285,6730.842,408,562TAIWAN CEMENT1,798,0004.3712,553,290TAIWAN SEMICONDUCTOR MANUFACTURING CO

LTD3,758,091

4.9814,295,490Tailândia

0.802,292,920ADVANCED INFO SCE PUB. CO LTD335,6000.531,514,348KASIKORNBANK PCL-NVDR239,4001.073,060,410KRUNG THAI BANK PUBLIC FOREIGN4,776,4251.173,394,508PTT GLOBAL CHEM1,483,4000.892,545,323SINO THAI FOREIGN2,857,3000.521,487,981SUPALI PUBLIC NVDR2,571,600


3.179,102,326Acções/Unidades de Participação em fundos de investimento3.179,102,326Luxemburgo

3.179,102,326AMUNDI INTERINVEST CHINA A I CAP8,600


1.173,352,385Maurício



0.611,743,829CAPITAMALLS1,098,0000.391,123,716GOODPACK LIMITED746,0000.922,629,514KEPPEL CORPORATION LTD292,0000.712,045,258WILMAR INTERNATIONAL748,000

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Equity Brazil

31





99.02158,491,971Acções1.672,680,540Aeroespacial e Defesa

0.721,158,106EMBRAER EMPRESA164,1000.951,522,434EMBRAER SA ADR53,400

0.13203,036Automóveis e Peças Sobressalentes

0.13203,036IOCHPE MAXION15,200

15.2724,417,717Bancos

4.036,438,617BANCO BRADESCO PFD374,8421.191,901,285BANCO BRADESCO SA BRAD N1114,7002.884,589,154BANCO BRADESCO-SPONSORED ADR264,2001.652,641,870BANCO DO BRASIL SA211,3000.751,207,458BANCO ESTADO RIO GRANDE DO SUL159,4002.704,320,750ITAU UNIBANCO ADR262,5002.073,318,583ITAU UNIBANCO HOLDING SA203,500

3.535,648,663Bebidas

3.535,648,663AMBEV-CIA DE BEBIDAS DAS AMERI138,181


1.412,269,721ARTERIS245,2400.10154,482DURATEX21,300


0.17273,583AES TIETE26,7001.051,658,394CEMIG155,0500.951,523,930CEMIG SP ADR140,3250.26422,362CESP CIA ENERG SP PRF NPV ‘B’44,6000.23375,835CIA ENERG MINAS GERAIS PREF34,0500.20327,469CIA ENERGETICA CEARA14,9000.29462,916CIA PARANAESE DE ENERGI PFB29,9000.38612,465CPELBN SP.ADR39,9000.17270,251ELETROBRAS PREF B52,8000.57905,859ENERGIAS DO BRASIL S.A148,5000.08128,067EQUATORIAL ENERGIA SA - ORD14,0000.45721,489MPX ENERGIA.132,4900.09149,850TRACTEBEL ENERGIA9,200


2.383,820,245BRASIL FOODS185,4000.671,072,388BRF BR FOODS SP ADR50,8001.382,210,487COSAN CL A127,7001.001,592,582HYPERMARCAS196,2000.15240,992MINERVA43,900


0.40640,647SABESP15,1001.111,771,684SABESP SP.ADR21,200


2.564,092,136KLABIN PREF.SHS655,100


0.20316,943DIAGNOSTICOS DA AMERICA49,200


0.34539,885DIRECIONAL ENG78,1220.41657,045GAFISA S.A.ADR141,3000.13209,814TECNISA SA53,300


0.45722,732AUTOMETAL70,4000.57912,914MARCOPOLO PREF144,900


0.0577,937GERDAU PREF.8,9000.791,257,111METALURGICA GERDAU PREF112,4000.39630,352MMX MINERACAO TRUST UNITS370,8790.711,132,409SID NACIONAL195,5000.11177,590SID NACIONAL SP ADR30,100


2.443,900,572CIA HERING190,200

0.18281,316Farmacêutica e Biotecnologia

0.18281,316BRAZIL PHARMA SA40,000


1.081,714,220BR MALLS PARTICIPACOES SA129,9000.50807,025BR PROPERTIES64,8000.06103,063BROOKFIELD INCORPORACOES61,7030.681,090,428CYRELA BRAZIL REALTY SA124,8000.55875,489EVEN CONSTRUTORA E INCORPORADO190,7000.49788,251EZ TEC EMPREENDIMENTOS PARTICI62,8000.731,161,815HELBOR EMPREENDIMENTOS SA 189,5490.801,284,234JHSF PARTICIPACOES305,4000.19310,102MRV ENGENHARIA E PARTICIPACOES53,0000.0580,325TRISUL SA56,909

0.34546,360TERNIUM SA ADR23,2000.49792,061USIMINAS PREF.SHS A126,7000.18291,090USINAS SIDERURGICAS DE MINAS GERAIS SA43,6001.402,234,262VALE DO RIO DOCE108,2001.702,728,633VALE DO RIO DOCE -PREF-A136,7004.407,032,080VALE SA - ADR335,5001.011,624,000VALE SA - PREF ADR80,000


0.19311,634HRT PETROLEO134,9000.881,413,510PACIFIC RUBIALES60,9004.046,467,517PETROLEO BRASILEIRO PREF.SHS678,4004.106,552,350PETROLEO BRASILEIRO-SP ADR339,500

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32




2.674,280,383CCR SA450,6000.36574,549ECORODIA68,0000.28451,019LLX LOGISTICA SA384,7790.20316,236TEGMA GESTAO LOGISTICA S.A.18,500

0.46736,352Suportes

0.46736,352SARAIVA SA LIVREIROS EDITORES58,100


0.48760,704TIM PARTICIPACOES189,9460.58938,041TIM PARTICIPACOES ADR47,328


0.17276,485PORTO SEGURO24,1000.38615,535QUALICORP59,4210.20315,528SUL AMERICA SA UNITS36,500

0.45718,038Software e Serviços de Informática

0.45718,038TOTVS36,400

0.0119,023Obrigações convertíveis0.0119,023Investimentos e Serviços Imobiliários

0.0119,023PDG REALTY 0% 19/09/2016 CV77,899

0.0112,620Outros valores mobiliários

0.0112,620Acções0.0112,620Investimentos e Serviços Imobiliários

0.0112,620BRASIL BROKERS PARTICIPACOES S3,800



3.605,751,056BOLSA DE MERCADORI841,1002.353,763,188BRADESPAR PREF234,7000.57919,289CETIP BALCAO ORG.ATIVOS DERIV.74,1341.642,630,282CIELO94,5001.452,325,589GERDAU SA309,0001.292,072,195GERDAU SP.ADR230,5003.595,724,423ITAUSA INVESTIMENTOS PREF1,209,584


0.16253,690TELEF BRAZIL11,9001.532,449,857TELEF BRAZIL PFD102,3701.091,744,494TELEFONICA BRAZIL ADR 1 PFD72,506


0.991,580,284COMPANHIA BRASILEIRA DIST -ADR35,6001.762,823,264PCAPN PCA463,8750.691,105,321RAIADROGASIL98,100

1.201,925,971Silvicultura e Papel

0.12185,188FIBRIA CELULOSE SA16,8000.37588,966FIBRIA CELULOSE SA51,8000.711,151,817SUZANO BAHIA SUL PAPEL PFD A335,950


0.20322,481ANHANGUERA EDUCACIONAL PARTICIPACOES19,1000.21340,277ESTACIO PARTICIPACOES S.A.16,7000.48775,569KROTON EDUCACIONAL SA34,3350.791,267,387LOCALIZA RENT A CAR69,2001.211,928,004LOJAS RENNER SA49,5000.53847,074MAGAZINE LUIZA SA142,749

0.18286,547Produtos Químicos

0.14223,802BRASKEM PREF A35,8000.0462,745BRASKEM SP.ADR4,700

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33





93.5146,338,171Acções

1.36674,162Áustria

0.29144,026DO & CO AG4,2981.07530,136ERSTE GROUP BANK22,066

0.32159,928Bermudas

0.32159,928VIMPELCOM ADR 1 SH20,100

0.23116,171Alemanha

0.23116,171KAZAKHTELECOM GDR24,983

4.492,226,223Hungria

0.98485,555MOL HUNGARIAN OIL AND GAS PLC7,9642.861,420,490OTP BANK99,6790.65320,178RICHTER GEDEON PLC2,575

0.36178,379Ilha de Man

0.36178,379ZHAIKMUNAI L.P21,979

0.70346,967Jersey

0.39192,989POLYMETAL INTERNATIONAL PLC13,3220.31153,978POLYUS GOLD INT60,997


0.45227,241EURASIA DRILLIN GDR8,3920.26126,472KERNEL HOLDINGS SA7,7310.27134,226MEGAFON7,504


0.34167,248NORD GOLD NV-REG S GDR50,205

8.033,979,126Polónia

0.1155,723BANK HANDLOWY2,3130.0314,048BANK MILLENNIUM12,9681.06523,727BANK PEKAO SA12,7580.1782,453BRE BANK1,0320.32156,511CYFROWY POLSAT SA38,9160.32158,047EUROCASH SA14,7571.41705,323KGHM POLSKA MIEDZ SA15,1470.88435,031PGE POL GR EN SHS97,4771.00495,545PKO BANK POLSKI SA54,7961.02503,553POLSKI KONCERN NAFTOWY ORLEN SA41,5081.21602,544POWSZECHNY ZAKLAD UBEZPIECZEN5,6260.22108,432TAURON POLSKA ENERGIA SA93,1440.1886,842TELEKOMUNIKACJA POLSKA SA28,9730.1051,347TVN SA21,120

56.9128,195,835Rússia

0.30146,610ALROSA CJSC196,7940.29143,402BANK VOZROZHDENIE10,7070.001,049BASHNEFT240.63309,844BASHNEFT PREF SHS9,3600.31154,115EON RUSSIA JSC2,368,1191.52754,423GAZPROM OAO211,3454.202,082,377GAZPROM OAO-SPON ADR REG290,2120.42210,421LSR GROUP OJSC15,0688.814,363,120LUKOIL SP ADR86,9590.59292,999M VIDEO OJSC49,0762.711,340,722MAGNIT GDR SPONSORED44,0800.29145,076MECHEL OAO ADR27,6003.051,509,362MMC NORILSK NICKEL JSC-ADR107,9730.35173,269MOBILE TELESYSTEMS28,3472.261,120,358MOBILE TELESYSTEMS-SP ADR79,2002.891,432,984NOVATEK OAO-SPONS GDR REG S15,7700.56278,080OAO SEVERSTAL GDR30,1250.71350,454OJSC LSR GROUP GDR110,9070.36180,248OJSC MAGNIT1,5032.981,474,793ROSNEFT OJSC-GDR218,2232.081,029,441ROSTELEKOM PREF457,9770.90445,137RUSHYDRO24,452,8492.821,397,866SBERBANK OF RUSSIA605,4244.612,282,303SBERBANK PREF1,363,9651.82902,973SBERBANK RUS.ADR96,7870.1995,509SEVERSTAL OAO10,4080.41201,602SISTEMA JSFC-REG S SPONS GDR13,1584.312,136,171SURGUTNEFTEGAZ PRF4,316,3442.551,266,151TATNEFT PREF SHS480,6350.48237,372TMK OAO GDR REG S20,4411.29636,824TNK BP HOLDING448,1151.27630,743TRANSNEFT OJSC PREF SHS3680.95470,037VTB BANK OJSC-GDR REG S179,103

15.627,735,580Turquia

0.61304,474ANADOLU EFES27,8760.2097,205ASYA KATILIM BANKA TRY1103,4930.42209,063BIM BIRLESIK MAGAZALAR AS5,6380.31154,292BIZIM TOP SAT SHS13,0591.02505,008EMLAK KONUT REIT380,8520.24118,821ENKA INSAAT VE SANAYI AS52,7510.27134,787FORD OTOMOTIV14,8200.35171,043HACI OMER SABANCI HOLDING41,0670.54266,869KOZA ALTIN ISLETMELERI AS14,603


2.671,324,930URALKALIY227,189

0.66327,000República Checa

0.66327,000CESKE ENERGETICKE ZAVODY A.S.12,068

0.84418,683Reino Unido

0.31155,620PETROPAVLOVSK PLC34,9650.53263,063VOLGA GAS219,969

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1.53752,715TURKIYE IS BANKASI-C286,5860.81402,022YAPI VE KREDI BANKASI181,911


0.67333,302TURK TELEKOMUNIKASYON A.S.113,3300.35173,779TURKCELL ILETISIM HIZMETL35,4022.941,451,424TURKIYE GARANTI BANKASI368,8040.74368,705TURKIYE HALK BANKASI49,574

0.54269,893MIGROS TICARET AS29,5370.52258,319TAV HAVALIMANLARI HOLDING AS66,6462.291,132,062TUPRAS51,722

1.27631,797KOZA ANADOLU META MADENCILIK ISLETMELERIAS

262,648

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96.20293,146,641Acções

0.09287,910Argentina

0.09287,910NORTEL INV SP.ADR-B21,000

0.431,319,847Áustria

0.431,319,847ERSTE GROUP BANK41,669

2.327,055,795Bermudas

0.19587,787ASIAN CITRUS HOLDINGS LTD1,238,0000.24737,985CAFE DE CORAL HLDG LTD260,0000.26796,260COSAN CL A46,0001.023,092,416CREDICORP LTD.21,1000.03100,357G-RESOURCES GROULTD P2,131,1060.581,740,990KUNLUN ENERGY834,000


0.16482,178ASPEN PHARMACARE24,2070.09288,803FOSCHIN LTDI17,4090.0377,956JD GROUP14,6980.21626,944LIFE HEALTHCARE GROUP HOLDINGS LIMITED156,4480.10314,443MEDICLINIC48,6390.11334,490MR PRICE GROUP20,2710.0389,226MURRAY&ROBERTS HOLD30,5870.682,097,477NASPERS -N-32,7610.06172,502NETWORK HEALTHCARE HOLDINGS74,4820.05146,938RAUBEX GROUP73,9870.10315,956SANLAM LTD59,8770.29886,129SHOPRIETE HOLDINGS LTD36,7640.06175,690TIGER BRANDS4,5830.27822,479VODACOM GROUP PTY LTD56,2760.12367,909WILSON BAYLY HOLMES OVCON19,8820.11338,281WOOLWORTHS HOLDINGS LTD40,424

14.1343,015,142Brasil

0.07208,661AES TIETE20,3640.09275,088AMBEV ADR6,6000.551,639,237AMBEV-CIA DE BEBIDAS DAS AMERI40,1000.33993,813ARTERIS107,3800.14441,441AUTOMETAL43,0000.481,473,776BANCO BRADESCO PFD85,8000.09275,164BANCO BRADESCO SA BRAD N116,6000.501,525,086BANCO BRADESCO-SPONSORED ADR87,8000.06194,296BANCO DO BRASIL SA15,5400.16497,679BANCO ESTADO RIO GRANDE DO SUL65,7000.481,468,704BOLSA DE MERCADORI214,8000.0268,622BR MALLS PARTICIPACOES SA5,2000.05156,922BR PROPERTIES12,6000.20618,593BRADESPAR PREF38,5800.05140,658BRAZIL PHARMA SA20,0000.25751,516BRF BR FOODS SP ADR35,6000.0377,484BROOKFIELD INCORPORACOES46,389

0.32984,127CCR SA103,6000.007,163CCX CARVAO7,1540.10312,384CEMIG29,2060.09283,718CEMIG SP ADR26,1250.0135,039CESP CIA ENERG SP PRF NPV ‘B’3,7000.0267,012CETIP BALCAO ORG.ATIVOS DERIV.5,4040.16494,491CIA ENERG MINAS GERAIS PREF44,8000.13382,414CIA ENERGETICA CEARA17,4000.351,062,301CIA HERING51,8000.0397,975CIELO3,5200.12368,400CPELBN SP.ADR24,0000.07201,834CYRELA BRAZIL REALTY SA23,1000.0127,056DIAGNOSTICOS DA AMERICA4,2000.05167,269DIRECIONAL ENG24,2040.0393,560DURATEX12,9000.03101,391ECORODIA12,0000.14435,545ENERGIAS DO BRASIL S.A71,4000.03105,955ESTACIO PARTICIPACOES S.A.5,2000.09283,260EVEN CONSTRUTORA E INCORPORADO61,7000.14424,250EZ TEC EMPREENDIMENTOS PARTICI33,8000.06172,512GERDAU PREF.19,7000.17505,060HELBOR EMPREENDIMENTOS SA 82,4000.14436,702HYPERMARCAS53,8000.06189,678IOCHPE MAXION14,2000.16475,694ITAU UNIBANCO ADR28,9000.27828,423ITAU UNIBANCO HOLDING SA50,8000.932,803,541ITAUSA INVESTIMENTOS PREF592,3950.21646,742JHSF PARTICIPACOES153,8000.641,921,448KLABIN PREF.SHS307,6000.07228,187KROTON EDUCACIONAL SA10,1020.12369,511LLX LOGISTICA SA315,2420.19576,918LOCALIZA RENT A CAR31,5000.13385,601LOJAS RENNER SA9,9000.09270,913MARCOPOLO PREF43,0000.05167,432MINERVA30,5000.11327,248MMX MINERACAO TRUST UNITS192,5420.18547,622MPX ENERGIA.100,5621.033,116,219PCAPN PCA470,5030.009,548PETROLEO BRASILEIRO1,0001.023,075,501PETROLEO BRASILEIRO PREF.SHS322,6000.10295,290PETROLEO BRASILEIRO-SP ADR15,3000.06184,274QUALICORP17,7890.06177,255RANDON SA IMPLEMENTOS PRF SHS28,6000.11326,687SABESP7,7000.24727,059SABESP SP.ADR8,7000.30918,856SARAIVA SA LIVREIROS EDITORES72,5000.0134,754SID NACIONAL6,0000.11349,025SUZANO BAHIA SUL PAPEL PFD A101,8000.04136,596TECNISA SA34,7000.0259,828TEGMA GESTAO LOGISTICA S.A.3,5000.09287,799TELEF BRAZIL13,5000.762,289,587TELEF BRAZIL PFD95,673

0.07202,321TELEFONICA BRAZIL ADR 1 PFD8,4090.11340,136TIM PARTICIPACOES84,931

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1.113,389,713Chile

0.0384,245BANCO SANTANDER-CHILE ADR2,9570.0275,789CENCOSUD SA13,9810.16484,160CERVECERIAS SP.ADR15,3070.13384,366CFR PHARMACEUT1,520,9480.0142,072EDELNOR17,9200.341,021,393EMBOT AND SP ADR-B26,9000.13393,512EMPRESA NACIONAL DE TELECOM.19,0330.0393,636ENERSIS254,9920.05158,514ENERSIS SA ADR8,7000.07221,412INVERSIONES LA CONSTRUCTION SA11,3620.04123,454LATAM AIRLINES GROUP-SP ADR5,2400.10307,160PARAUCO124,056

5.7917,642,083China

0.21625,811BBMG689,0000.24738,966BEIJING CAPITAL INTL AIRPORT H1,032,0000.26784,592CHINA COMMUNICATIONS CONSTR H813,0000.21633,328CHINA CONSTRUCTION BANK H789,2000.391,176,187CHINA PACIFIC INSURANCE GR H318,2001.083,287,332CHINA PETROLEUM & CHEMICAL H2,902,0000.591,806,822CHINA SHENHUA ENERGY CIE LTD412,5000.07221,310FIRST TRACTOR H226,0000.30905,341GREAT WALL MOTOR287,0000.30925,334INDUSTRIAL & COMMERCIAL BANK OF CHINA-H1,304,0200.32964,650MINDRAY MEDICAL INTERNATIONAL29,5000.25775,257NW ORIENTL ED & TECHNO GP ADR39,9000.361,096,465PETROCHINA CO LTD-H774,0000.19577,757PING AN INSURANCE GROUP CO-H69,0000.421,277,235SHANDONG WEIGAO GROUP MEDICAL1,284,0000.341,045,885WUMART STORES486,0000.26799,811ZHUZHOU CSR TIMES ELECTRIC CO H216,000

0.05166,450Colômbia

0.05166,450BANCOLOMBIA ADR2,5007.6323,261,433Hong Kong (China)

0.381,156,488BEIJING ENTERPRISE177,5000.531,609,932BRILLIANCE CHINA AUTOMOTIVE1,308,0000.07208,876CHINA EB INTL LTD413,0000.11328,151CHINA MERCHANTS HOLDINGS102,3521.424,331,535CHINA MOBILE LTD372,0000.962,920,719CHINA OVERSEAS LAND & INVESTMENT LTD980,0000.26803,538CHINA OVERS.GRAND OCEANS GROUP668,2500.431,321,927CHINA RESOURCES POWER518,0000.381,166,553CHINA UNICOM728,000

12.0036,577,893Coreia do Sul

0.04132,960DAEWOO INTL3,5900.12353,908DAUM COMMUNICATIONS CORP4,1590.16477,038DGF FINANCIAL GROUP35,1000.23714,061E-MART3,2120.702,139,224HANA FINANCIAL GROUP66,0000.391,201,616HONAM PETROCHEMICAL CORP5,2400.662,017,473HYUNDAI DEPARTMENT STORE NEW13,5840.561,709,154HYUNDAI GREENFOOD107,634

0.25763,586HYUNDAI HOME SHOPPING NETWORK CO6,7560.19588,817HYUNDAI MOTOR2,8850.12350,457HYUNDAI MOTOR CO LTD-PFD5,4140.341,029,848HYUNDAI WIA CORP6,3730.902,737,641KANGWON LAND100,2000.591,797,371KIA MOTORS CORP34,0570.822,494,706KOREA ELECTRIC POWER CORP87,7100.16500,497KOREAN REINSURANCE46,5930.932,857,745LG CHEM9,2710.24733,148LG CHEMICAL PREF ISSUE 017,6950.27835,817LG CORP13,7240.601,813,564LG DISPLAY CO LTD62,5300.541,654,767LG ELECTRONICS24,0700.23707,234LG FASHION24,1900.06175,778NHN CORP8290.11325,417ORION CORP3170.471,419,571PARADISE88,3580.24744,481SAMSUNG CORP12,7320.451,368,793SAMSUNG FIRE & MARINE6,7220.832,513,805SHINHAN FINANCIAL GROUP69,2720.27811,281SHINSEGAE3,9750.31952,704WOONG JIN COWAY CO LTD23,4200.22655,431YUHAN CORP4,056

5.6317,145,030Filipinas

0.782,363,224AYALA CORP187,6980.13394,214AYALA LAND INC612,0000.411,237,039BANCO DE ORO UNIBANK697,7460.391,197,912INTERNATIONAL CONTAINER TERMIN664,7200.21628,034JOLLIBEE FOODS CORP.252,8300.762,317,661METRO BANK & TRUST933,0290.28853,316METRO PACIFIC7,874,0000.511,547,626PHILIPPINE NATIONAL BANK698,3450.491,486,317SECURITY BANK391,2300.16478,562SM INVESTMENTS CORP22,2800.852,628,407SM PRIME HLDGS6,541,1500.662,012,718VISTA LAND & LIFE17,005,600

0.15441,946TIM PARTICIPACOES ADR22,2980.06191,345TOTVS9,7000.0394,137USINAS SIDERURGICAS DE MINAS GERAIS SA14,1000.431,305,040VALE DO RIO DOCE63,2000.24720,583VALE DO RIO DOCE -PREF-A36,1000.04136,240VALE SA - ADR6,500

0.391,181,407Canadá

0.391,181,407PACIFIC RUBIALES50,900

0.481,477,573Emirados Árabes Unidos

0.481,477,573FIRST GULF BANK467,862


0.20611,769BAIDU ADS6,1000.972,948,160YUM BRANDS INC44,400

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0.06173,722TELKOM -B-185,000

2.307,002,613Malásia

0.21626,857AMMB HOLDINGS BHD281,9000.16486,171AXIATA GROUP BHD225,6000.351,088,614CIMB GROUP HOLDINGS BERHAD436,3000.19580,912GENTING MALAYSIA BHD500,4000.04110,681HONG LEONG BANK22,9000.10293,134IJM CORP BHD180,0000.27827,996KUALA LUMPUR KEPONG105,5000.24721,898MEDIA PRIMA BHD943,4000.331,037,276PUBLIC BANK -F-194,6000.09262,776SAPURAKENCANA PETROLEUM255,1000.24733,772SIME DARBY235,7000.08232,526UEM LAND HOLDINGS338,600

0.15443,792Maurício

0.15443,792GOLDEN AGRI-RESSOURCES LTD834,000

5.1815,783,153México

0.10305,550AMERICA MOVIL L266,3000.962,892,500AMERICA MOVIL-ADR-L125,0000.0247,357ARCA CONTINENTAL6,4000.10303,665BOLSA MEXICANA DE VALORES121,0000.06187,478CEMEX CPO191,7000.18554,096FIBRA UNO ADMINISTRACION SA184,5000.732,235,540FOMENTO ECONOMICO MEXICANO SA DE CV

FEMSA ADR22,200

0.13386,093GERDAU SA51,3000.20623,007GERDAU SP.ADR69,3000.11347,948GRUPO BIMBO SA DE CV BIMBO135,0000.11336,207GRUPO CARSO S.A169,8000.892,706,051GRUPO FIN BANORTE421,1000.13395,138GRUPO INDUSTRIAL MASECA S.A.B.131,0000.341,026,635GRUPO MEXICO SAB DE CV -B-285,1740.662,006,790GRUPO TELEVISA GDR75,5000.13401,255INDUSTRIAS PENOLES SA DE CV8,0050.0273,605KIMBERLY-CLARK DEMEXICO S.A.B.29,0000.31954,238MEXICHEM S.A.B. DE C.V171,845

0.05139,230Panamá

0.05139,230COPA HOLDINGS CLASS A1,400

0.872,646,972Hungria

0.872,646,972OTP BANK140,886

11.7735,869,724Índia

0.551,680,738APOLLO HOSPITALS ENTERPRISE116,9590.12376,506BHARAT PETROLEUM CORPORATION LIMITED57,8890.27833,073CADILLA HEALTHCARE LTD50,6060.28850,131CAIRN INDIA LTD145,9690.07219,119CITRA MARGA NUSAPHALA1,257,0000.28858,636DR REDDY’S LABORATORIES25,7110.351,078,927EICHER MOTORS LTD20,3380.17507,297FEDERAL BANK LTD51,6440.371,125,190GATEWAY DISTRIPARKS LTD440,0370.19588,373GRASIM INDUSTRIES10,1710.782,389,293HDFC BANK192,9110.391,198,040ICICI BANK57,6680.31947,552IDFC LTD303,0731.223,696,537ITC LTD706,1830.682,059,930JINDAL STEEL & POWER LTD252,0120.28855,885LIC HOUSING FINANCE LTD160,9540.812,462,346LUPIN219,7800.401,217,300MAHINDRA & MAHINDR71,5890.341,028,975MARUTI SUZUKI SHS37,8360.27820,238MAX INDIA185,9750.17509,669NTPC LTD178,4900.16477,743PHOENIX MILLS DS101,8900.351,075,162PRESTIGE ESTATES PROJECTS328,3620.772,356,593RELIANCE INDUSTRIES LTD153,7940.401,218,002STATE BANK OF INDIA27,9750.31935,325TATA CHEMICALS DS144,7640.471,431,371TATA MOTORS250,8390.32984,287YES BANK116,2140.692,087,486ZEE ENTERTAINMENT SHS DEMATERIALISED518,230


0.341,049,089ACE HARDWARE INDONESIA12,330,0000.611,853,966ASTRA INTERNATIONAL TBK PT2,351,0000.521,588,663BANK CENTRAL ASIA1,682,5000.28863,635BANK MANDIRI1,027,5660.481,472,124GUDANG GARAM252,0000.11322,628INDOCEMENT TUNGGAL PRAKARSA TBK PT138,5000.09266,796MEDIA NUSANTARA CITRA TBK PT1,028,5000.32969,501PT SEMEN GRESIK TBK589,5000.08241,152RAMAYANA LESTARI1,905,0000.10318,843TAMBANG BATUBARA-B-203,500

0.29896,258HAITIAN INTERNATIONAL HOLDINGS751,0000.361,100,656LIFESTYLE INTERNATIONAL HOLDINGS LTD449,0001.063,202,921TENCENT HOLDINGS LTD99,7000.07211,564VINDA INTERNATIONAL HOLDINGS154,6980.371,112,541XINYI GLASS HOLDINGS1,804,000


0.19590,103AIRTAC INTERNATIONAL GROUP102,0000.501,525,010ANTON OILFIELD SERVICES GROUP2,890,0000.25757,144BIOSTIME INTL242,5000.641,954,603CHINA RESOURCES LAND LTD718,0000.06197,514CHINA SHANSHUI CEMENT GROUP LTD270,0000.411,262,385COUNTRY GARDEN HOLDINGS CO2,409,9850.26792,495ENN ENERGY HOLDINGS LTD182,000

0.421,288,679CN TAIPING INSU SHS636,2000.621,892,147CNOOC LIMITED874,0000.32974,295GUANGDONG INVESTMENT LTD1,240,0000.391,177,741HENGAN INTERNATIONAL GROUP CO LTD130,5000.381,157,496LENOVO GROUP LTD1,278,0000.521,578,572SHANGHAI INDUSTRIAL HOLDINGS449,0000.441,344,784WHARF HOLDINGS172,000

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38



1.895,756,902Taiwan

0.17524,218CHINATRUST FIN HLDG887,6240.28864,910FAR EASTERN TEXTILE758,7950.17512,900FAR EASTONE TELECOMMUNICATION201,0000.421,261,541FORMOSA PLASTICS466,0800.23698,062HOTAI MOTOR CO LTD87,0000.331,011,311TAIWAN CEMENT754,9470.29883,960TAIWAN MOBILE CO LTD239,900

7.1821,882,436Tailândia

0.12380,263BANGKOK BANK59,5000.421,274,224BANGKOK BANK186,5000.0137,929BANK OF AYUDHYA F35,7000.411,260,265BANK OF AYUDHYA NVDR1,186,2000.07224,721BANPU PUBLIC -F-17,1000.28847,369C.P. ALL PCL563,5000.16495,600ELECTRICITY GENERATING F100,4000.10312,128GLOW ENERGY PLC FOREIGN123,2000.431,300,547HANA MICROELECTRONICS-FOREIGN1,744,9000.381,146,352HOME PROD.FOREIGN2,783,0870.10312,484IRPC PUBLIC COMPANY2,323,7000.732,228,508KASIKORNBANK -F-352,3000.491,486,875KRUNG THAI BANK PUBLIC FOREIGN2,274,1750.29891,905PTT EXPLORATION PRODUC PUBLIC166,3620.401,209,840PTT GLOBAL CHEM528,7000.441,355,567PTT PUBLIC COMPANY FOREIGN124,9000.11323,696ROBINSON DEPT FRGN148,9000.421,266,767SIAM CEMENT -F-82,8000.26786,793SIAM CEMENT (NVDR)54,700

0.822,482,961SIAM MAKRO F170,3000.27835,335SOMBOON FOREIGN837,8000.471,422,307SUPALAI PUBLIC FOREIGN2,458,100

0.28859,021Turquia

0.28859,021EMLAK KONUT REIT491,377


1.053,207,020SABMILLER69,841

0.005,000Obrigações convertíveis0.005,000Brasil

0.005,000PDG REALTY 0% 19/09/2016 CV20,477

0.722,184,560Warrants, direitos

0.10304,312Baamas

0.10304,312CREDIT SUISSE CERT MOUWASAT MEDICALSERVICES19/08/2015

21,235

0.07208,280Bermudas

0.07208,280CLSA WT TATA IRON 20/05/201526,729

0.30905,842Curaçao

0.10307,486MERRILL LYNCH WARRANT FAWAZ ABDULAZIZ24/03/2014

11,089

0.06193,142MERRILL LYNCH WARRANT JARIR MARKETING24/03/2014

4,666

0.14405,214MERRILL LYNCH WARRANT ON SAMBA 24/03/201434,000

0.09284,315Arábia Saudita

0.09284,315HSBC BANK CERTIFICAT ACTION 17/05/201310,156


0.16481,811HSBC BANK PLC EQUITY LINK ETIHAD 05/12/201423,778

0.441,334,739Outros valores mobiliários

0.441,334,739Acções

0.27830,267Indonésia

0.27830,267PERUSAHAAN GAS NEGARA TBK1,739,500

0.17504,472África do Sul

0.17504,472NAMPAK LTD134,384


0.451,376,649Polónia

0.0381,057BANK HANDLOWY2,5520.0247,378BANK MILLENNIUM33,1740.04121,241BRE BANK1,1510.04111,937CYFROWY POLSAT SA21,1110.12355,105PGE POL GR EN SHS60,3520.13439,341POLSKI KONCERN NAFTOWY ORLEN SA27,4690.06182,046TAURON POLSKA ENERGIA SA118,6130.0138,544TVN SA12,025

2.166,573,237Rússia

0.12374,706EON RUSSIA JSC4,367,2040.15446,452LSR GROUP OJSC24,2490.29881,541M VIDEO OJSC111,9950.28856,035MOBILE TELESYSTEMS-SP ADR45,9000.13409,504OJSC MAGNIT2,5900.26791,453ROSTELEKOM PREF267,0670.002,786RUSHYDRO116,0800.581,758,675SBERBANK OF RUSSIA577,7400.351,052,085SBERBANK PREF476,907


0.742,253,965FIRST RESOURCES LTD1,363,0000.682,061,082PARKWAY LIFE REIT1,171,000


0.16464,770CESKE ENERGETICKE ZAVODY A.S.13,0100.11348,864KOMERCNI BANKA AS1,6560.04136,292TELEFONICA CZECH8,017

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Equity Emerging World

39





94.241,088,234,736Acções


0.0165,353BANCO MACRO BANSUD B26,5520.02297,507NORTEL INV SP.ADR-B21,700

0.293,318,512Áustria

0.293,318,512ERSTE GROUP BANK104,769

2.0824,012,984Bermudas

0.07757,761ASIAN CITRUS HOLDINGS LTD1,596,0000.05601,742CAFE DE CORAL HLDG LTD212,0000.252,907,734COSAN CL A167,9801.0211,666,176CREDICORP LTD.79,6000.03378,620G-RESOURCES GROULTD P8,040,0610.576,618,383KUNLUN ENERGY3,170,4570.091,082,568VIMPELCOM ADR 1 SH103,200

16.41189,493,584Brasil

0.06713,231AES TIETE69,6070.192,228,505AMBEV ADR53,4670.445,076,974AMBEV-CIA DE BEBIDAS DAS AMERI124,1960.354,056,695ARTERIS438,320

0.03386,131ECORODIA45,7000.07768,542EMBRAER EMPRESA108,9000.333,817,489EMBRAER SA ADR133,9000.131,483,535ENERGIAS DO BRASIL S.A243,2000.01119,020EQUATORIAL ENERGIA SA - ORD13,0110.03364,728ESTACIO PARTICIPACOES S.A.17,9000.091,089,885EVEN CONSTRUTORA E INCORPORADO237,4000.161,808,710EZ TEC EMPREENDIMENTOS PARTICI144,1000.03334,278FIBRIA CELULOSE SA29,4000.111,326,180GAFISA S.A.ADR285,2000.283,237,107GERDAU PREF.369,6620.171,907,459HELBOR EMPREENDIMENTOS SA 311,2000.05590,349HRT PETROLEO255,5500.131,539,009HYPERMARCAS189,6000.03388,707IOCHPE MAXION29,1000.303,474,476ITAU UNIBANCO ADR211,0860.151,709,030ITAU UNIBANCO HOLDING SA104,8000.8710,005,360ITAUSA INVESTIMENTOS PREF2,114,1560.212,472,592JHSF PARTICIPACOES588,0000.627,194,857KLABIN PREF.SHS1,151,8070.05609,500KROTON EDUCACIONAL SA26,9830.121,396,315LLX LOGISTICA SA1,191,2430.182,045,768LOCALIZA RENT A CAR111,7000.08899,735LOJAS RENNER SA23,1000.141,573,480MAGAZINE LUIZA SA265,1630.08936,855MARCOPOLO PREF148,700


0.141,670,305ASPEN PHARMACARE83,8550.091,071,527AVI LTD151,6470.00678BLUE LABEL TELECOMS7140.151,746,359DISCOVERY HLDGS238,2500.07753,774EXXARO RESOURCES LTD37,8420.09985,754FOSCHIN LTDI59,4210.09986,841HARMONY GOLD113,1450.04469,998INVESTEC LIMITED67,8170.03331,089JD GROUP62,4240.192,248,879LIBERTY HOLDINGS LTD171,6320.182,135,001LIFE HEALTHCARE GROUP HOLDINGS LIMITED532,7690.091,070,814MEDICLINIC165,6370.111,314,730MMI HOLDINGS503,1420.101,141,649MR PRICE GROUP69,1870.03363,004MURRAY&ROBERTS HOLD124,4390.687,743,267NASPERS -N-120,9440.05587,436NETWORK HEALTHCARE HOLDINGS253,6400.101,124,184NORTHAM PLATINUM251,0000.04507,980RAUBEX GROUP255,7800.111,291,551RMI HOLDINGS532,4590.242,812,470SANLAM LTD532,9920.283,180,987SHOPRIETE HOLDINGS LTD131,9740.05604,047TIGER BRANDS15,7570.556,200,954VODACOM GROUP PTY LTD424,2840.111,274,782WILSON BAYLY HOLMES OVCON68,8900.101,172,101WOOLWORTHS HOLDINGS LTD140,064

0.151,785,271AUTOMETAL173,9000.242,806,702BANCO BRADESCO PFD163,4000.02270,191BANCO BRADESCO SA BRAD N116,3000.799,097,416BANCO BRADESCO-SPONSORED ADR523,7430.06691,900BANCO DO BRASIL SA55,3390.141,651,051BANCO ESTADO RIO GRANDE DO SUL217,9600.485,505,349BOLSA DE MERCADORI805,1650.01167,595BR MALLS PARTICIPACOES SA12,7000.05542,998BR PROPERTIES43,6000.525,976,510BRADESPAR PREF372,7390.01100,125BRASKEM SP.ADR7,5000.03351,645BRAZIL PHARMA SA50,0000.232,653,527BRF BR FOODS SP ADR125,7000.03303,698BROOKFIELD INCORPORACOES181,8210.333,851,965CCR SA405,5000.0179,418CCX CARVAO79,3220.03298,372CEMIG27,8960.323,737,947CEMIG SP ADR344,1940.02248,379CESP CIA ENERG SP PRF NPV ‘B’26,2280.02194,686CETIP BALCAO ORG.ATIVOS DERIV.15,7000.03362,634CIA ENERGETICA CEARA16,5000.9310,698,887CIA HERING521,7000.03399,692CIELO14,3600.839,545,404COMPANHIA BRASILEIRA DIST -ADR215,0350.151,713,060CPELBN SP.ADR111,6000.02240,279CYRELA BRAZIL REALTY SA27,5000.05543,382DIRECIONAL ENG78,6280.02176,965DURATEX24,400

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USD

3.0034,689,018Filipinas

0.343,891,668AYALA CORP309,0940.091,023,732AYALA LAND INC1,589,3000.374,258,493BANCO DE ORO UNIBANK2,401,9830.182,120,735BANK PHILIPPINE ISL916,6600.131,449,580INTERNATIONAL CONTAINER TERMIN804,3700.728,385,109METRO BANK & TRUST3,375,623


40



0.374,243,130Canadá


0.809,288,673Chile

0.02231,355ADMT FONDOS PENSIONES PROVIDA34,0840.03340,399BANCO SANTANDER-CHILE ADR11,9480.05632,509CENCOSUD SA116,6810.05586,578CERVECERIAS SP.ADR18,5450.101,195,816CFR PHARMACEUT4,731,8700.01161,184EDELNOR68,6550.05546,768EMBOT AND SP ADR-B14,4000.04409,290EMBOTELLADORA ANDINA S.A. -B-65,0690.091,072,949EMBOTELLADORA ANDINA SA PFD A210,8120.121,288,522EMPRESA NACIONAL DE TELECOM.62,3220.03385,971ENERSIS1,051,0930.08905,534ENERSIS SA ADR49,7000.02264,398HABITAT136,8730.05576,096INVERSIONES LA CONSTRUCTION SA29,5630.03325,496LATAM AIRLINES GROUP14,1800.01118,742LATAM AIRLINES GROUP-SP ADR5,0400.02247,066PARAUCO99,785

5.5864,483,792China

0.02247,175BANK OF COMMUNICATIONS328,0500.161,880,613BBMG2,070,500

0.121,409,190BEIJING CAPITAL INTL AIRPORT H1,968,0000.01134,097CHINA COMMUNICATION SERVI-H232,0000.242,793,118CHINA COMMUNICATIONS CONSTR H2,894,2510.617,074,260CHINA CONSTRUCTION BANK H8,815,3410.374,230,133CHINA PACIFIC INSURANCE GR H1,144,4001.0712,392,420CHINA PETROLEUM & CHEMICAL H10,939,8170.586,653,295CHINA SHENHUA ENERGY CIE LTD1,518,9570.141,619,002CHINA TELECOM2,911,5110.05603,218FIRST TRACTOR H616,0000.262,963,652GREAT WALL MOTOR939,5000.293,369,654INDUSTRIAL & COMMERCIAL BANK OF CHINA-H4,748,6600.303,518,520MINDRAY MEDICAL INTERNATIONAL107,6000.07803,042NW ORIENTL ED & TECHNO GP ADR41,3300.414,732,611PETROCHINA CO LTD-H3,340,7730.171,984,470PING AN INSURANCE GROUP CO-H237,0000.262,964,300SHANDONG WEIGAO GROUP MEDICAL2,980,0000.08910,307WUMART STORES423,0000.343,890,672ZHUZHOU CSR TIMES ELECTRIC CO H1,050,7300.03310,043ZTE CORP184,004


0.05552,614BANCOLOMBIA ADR8,300

0.009,826Egipto

0.009,826TALAAT MOUSTAFA GROUP14,116


0.222,522,550FIRST GULF BANK798,746


0.101,133,277BAIDU ADS11,3000.202,365,713GAZPROM OAO-SPON ADR REG243,1360.242,711,496SOUTHERN COPPER CORP71,619

0.0176,053METALURGICA GERDAU PREF6,8000.111,232,195MMX MINERACAO TRUST UNITS724,9840.182,093,108MPX ENERGIA.384,3660.131,502,794PCAPN PCA434,0000.313,587,212PETROLEO BRASILEIRO PREF.SHS376,2751.4416,620,619PETROLEO BRASILEIRO-SP ADR861,1720.05598,339QUALICORP57,7610.111,224,526SABESP28,8620.08966,236SABESP SP.ADR11,5620.151,760,401SARAIVA SA LIVREIROS EDITORES138,9000.02226,560SID NACIONAL SP ADR38,4000.202,333,758SUZANO BAHIA SUL PAPEL PFD A680,6860.04460,173TECNISA SA116,9000.02222,220TEGMA GESTAO LOGISTICA S.A.13,0000.06699,310TELEF BRAZIL32,8030.111,250,535TELEF BRAZIL PFD52,2550.526,032,901TELEFONICA BRAZIL ADR 1 PFD250,7440.06750,108TIM PARTICIPACOES187,3000.182,047,584TIM PARTICIPACOES ADR103,3090.06639,132TOTVS32,4000.03310,073USIMINAS PREF.SHS A49,6000.03354,896USINAS SIDERURGICAS DE MINAS GERAIS SA53,1570.111,294,716VALE DO RIO DOCE62,7000.202,323,390VALE DO RIO DOCE -PREF-A116,3980.748,496,010VALE SA - ADR405,3440.424,841,185VALE SA - PREF ADR238,482

14.94172,516,172Coreia do Sul

0.04503,322DAEWOO INTL13,5900.091,049,725DAUM COMMUNICATIONS CORP12,3360.141,653,868DGF FINANCIAL GROUP121,6900.111,213,329DSHM60,9840.121,360,095E-MART6,1180.657,483,720HANA FINANCIAL GROUP230,8900.404,567,517HONAM PETROCHEMICAL CORP19,9180.536,066,082HYUNDAI DEPARTMENT STORE NEW40,8440.06693,609HYUNDAI GREENFOOD43,6800.202,367,049HYUNDAI HOME SHOPPING NETWORK CO20,9430.182,096,473HYUNDAI MOTOR10,2720.111,246,924HYUNDAI MOTOR CO LTD-PFD19,263

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0.263,024,617RELIANCE INDUSTRIES LTD197,3900.192,154,850SATYAM COMPUTER SERVICES LTD1,102,8890.232,675,948STATE BANK OF INDIA61,4610.111,227,447TATA CHEMICALS DS189,9770.091,000,799TATA MOTORS175,3840.06693,319TATA STEEL88,6510.141,634,695WOCKHARDT56,9482.6130,093,066Indonésia

0.657,461,206ASTRA INTERNATIONAL TBK PT9,461,5000.556,326,326BANK CENTRAL ASIA6,700,0000.333,804,416BANK MANDIRI4,526,5530.293,306,437GUDANG GARAM566,0000.111,261,392INDOCEMENT TUNGGAL PRAKARSA TBK PT541,5000.091,008,949MEDIA NUSANTARA CITRA TBK PT3,889,5000.343,980,794PT SEMEN GRESIK TBK2,420,5000.101,157,079TAMBANG BATUBARA-B-738,5000.151,786,467TELKOM -B-1,902,4400.384,440,337Jersey

0.283,331,190POLYMETAL INTERNATIONAL PLC174,4170.101,109,147POLYUS GOLD INT333,267


0.232,668,932EURASIA DRILLIN GDR74,7600.323,666,735TERNIUM SA ADR155,700

1.6418,909,201Malásia

0.091,024,229AMMB HOLDINGS BHD460,6000.121,381,363AXIATA GROUP BHD641,0000.343,975,201CIMB GROUP HOLDINGS BERHAD1,593,2000.141,613,135GENTING MALAYSIA BHD1,389,5620.04420,492HONG LEONG BANK87,0000.101,105,930IJM CORP BHD679,1000.222,594,648KUALA LUMPUR KEPONG330,6000.273,060,661PUBLIC BANK -F-574,2000.08917,604SAPURAKENCANA PETROLEUM890,8000.222,598,383SIME DARBY834,6450.02217,555UEM LAND HOLDINGS316,800

0.141,580,410Maurício


0.242,786,337METRO PACIFIC25,711,0000.05604,119PHIL LONG DIST TEL9,8050.06637,563SECURITY BANK167,8200.273,123,112SM INVESTMENTS CORP145,4000.556,408,570SM PRIME HLDGS15,948,600


0.111,232,274AIRTAC INTERNATIONAL GROUP213,0000.606,960,554CHINA RESOURCES LAND LTD2,556,8770.06701,541CHINA SHANSHUI CEMENT GROUP LTD959,0000.333,756,125COUNTRY GARDEN HOLDINGS CO7,170,7140.273,117,598ENN ENERGY HOLDINGS LTD715,9700.161,798,064LIFESTYLE INTERNATIONAL HOLDINGS LTD733,5000.182,039,903MSTAR SEMICONDUCTOR INC271,7280.9611,111,177TENCENT HOLDINGS LTD345,867

0.283,285,858TPK HOLDING CO LTD186,0000.03344,470VINDA INTERNATIONAL HOLDINGS251,8800.161,879,725XINYI GLASS HOLDINGS3,048,000


0.273,098,086BEIJING ENTERPRISE475,5000.323,675,274BRILLIANCE CHINA AUTOMOTIVE2,986,0000.08947,779CHINA EB INTL LTD1,874,0000.263,014,978CHINA MERCHANTS HOLDINGS940,3861.9622,744,568CHINA MOBILE LTD1,953,3450.8910,246,354CHINA OVERSEAS LAND & INVESTMENT LTD3,438,0000.141,581,524CHINA OVERS.GRAND OCEANS GROUP1,315,2500.364,184,485CHINA RESOURCES POWER1,639,6990.293,328,795CHINA UNICOM2,077,3700.333,780,963CN TAIPING INSU SHS1,866,6000.738,390,893CNOOC LIMITED3,875,8300.273,116,173GUANGDONG INVESTMENT LTD3,966,0000.333,825,294HENGAN INTERNATIONAL GROUP CO LTD423,8630.354,031,147LENOVO GROUP LTD4,450,8190.354,004,440SHANGHAI INDUSTRIAL HOLDINGS1,139,0000.445,068,570TECHTRONIC INDUSTRIES2,735,7690.424,907,251WHARF HOLDINGS627,645

1.2514,424,198Hungria

0.091,010,230MOL HUNGARIAN OIL AND GAS PLC12,5681.0712,363,660OTP BANK658,0600.091,050,308RICHTER GEDEON PLC6,407

3.6341,964,831Índia

0.04508,860BHARAT PETROLEUM CORPORATION LIMITED78,2390.01171,045BHARTI AIRTEL LTD29,5540.06646,444CADILLA HEALTHCARE LTD39,2690.252,890,333CAIRN INDIA LTD496,2750.242,781,360DR REDDY’S LABORATORIES83,2850.151,739,842FEDERAL BANK LTD177,1200.06691,913GATEWAY DISTRIPARKS LTD270,5920.455,281,995HDFC BANK426,4670.222,517,030ICICI BANK121,1580.212,439,894IDFC LTD780,3960.131,451,347LIC HOUSING FINANCE LTD272,9340.273,143,217LUPIN280,5520.252,859,405MARUTI SUZUKI SHS105,1420.101,174,862NTPC LTD411,4460.111,255,609RANBAXY LABORATORIES LTD136,769

5.4763,183,936México

0.06654,494AMERICA MOVIL L570,4200.9911,594,738AMERICA MOVIL-ADR-L501,0690.01142,070ARCA CONTINENTAL19,2000.05520,998BOLSA MEXICANA DE VALORES207,6000.06650,452CEMEX CPO665,1000.242,729,255CEMEX LATAM HLDG423,7780.171,917,564FIBRA UNO ADMINISTRACION SA638,5000.576,534,725FOMENTO ECONOMICO MEXICANO SA DE CV

FEMSA ADR64,893

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4.4251,100,010Tailândia

0.182,025,777ADVANCED INFO SCE PUB. CO LTD296,5000.091,096,053BANGKOK BANK171,5000.374,326,212BANGKOK BANK633,2000.01123,880BANK OF AYUDHYA F116,6000.283,176,161BANK OF AYUDHYA NVDR2,989,5000.07785,641BANPU PUBLIC -F-59,7830.182,077,294C.P. ALL PCL1,381,4000.07762,158ELECTRICITY GENERATING F154,4000.101,104,103GLOW ENERGY PLC FOREIGN435,8000.05633,474HOME PROD.FOREIGN1,537,933


42



0.869,847,476SBERBANK OF RUSSIA3,234,9810.354,069,973SBERBANK PREF1,844,9060.526,053,777SBERBANK RUS.ADR492,1770.06702,576SISTEMA JSFC-REG S SPONS GDR34,7810.8810,031,136SURGUTNEFTEGAZ PRF15,373,8590.222,547,224TATNEFT PREF SHS733,4150.02282,837TMK OAO GDR REG S18,4740.697,947,815TNK BP HOLDING4,242,0020.293,357,923TRANSNEFT OJSC PREF SHS1,4860.131,456,451URALKALI-SPON GDR38,117

0.08894,641Singapura

0.08894,641FIRST RESOURCES LTD541,0000.202,256,357HYUNDAI WIA CORP13,9630.505,773,363KANGWON LAND211,3100.637,264,109KIA MOTORS CORP137,6420.596,852,406KOREA ELECTRIC POWER CORP240,9200.07836,235KOREAN REINSURANCE77,8480.859,765,527LG CHEM31,6810.091,041,747LG CHEMICAL PREF ISSUE 0110,9340.252,944,605LG CORP48,3500.131,556,017LG DISPLAY CO LTD53,6500.192,211,096LG DISPLAY CO LTD ADR152,7000.121,440,960LG ELECTRONICS20,9600.08965,393LG FASHION33,0200.07766,321LG TELECOM105,1800.05626,353NHN CORP2,9540.101,139,472ORION CORP1,1100.273,104,379PARADISE193,2250.232,674,274SAMSUNG CORP45,7350.263,048,715SAMSUNG ELECTRO-MECHANICS32,9024.7654,920,377SAMSUNG ELECTRONICS CO LTD38,6310.647,344,752SAMSUNG ELECTRONICS PREF SHS9,2290.333,815,802SAMSUNG FIRE & MARINE18,7390.111,292,966SAMSUNG SDI9,1670.06664,766SFA ENGINEERING CORP15,0780.799,076,835SHINHAN FINANCIAL GROUP250,1270.101,174,776SHINSEGAE5,7560.434,969,246SK HYNIX INC206,6000.091,009,954SK TELECOM SP ADR63,8000.212,426,100WOONG JIN COWAY CO LTD59,6400.111,251,556YUHAN CORP7,745

0.445,077,606Polónia

0.03305,678BANK HANDLOWY9,6240.02178,660BANK MILLENNIUM125,0980.04457,365BRE BANK4,3420.04419,889CYFROWY POLSAT SA79,1900.0011,638MOSTOSTAL WARSZAWA2,8700.101,149,095PGE POL GR EN SHS195,2950.121,501,159POLSKI KONCERN NAFTOWY ORLEN SA93,8570.08909,538TAURON POLSKA ENERGIA SA592,6140.01144,584TVN SA45,108

7.2083,145,429Rússia

0.293,373,423BASHNEFT PREF SHS77,2960.08954,989EON RUSSIA JSC11,130,4070.799,145,332GAZPROM OAO-SPON ADR REG966,7370.04509,344LSR GROUP OJSC27,6650.576,620,557LUKOIL SP ADR100,0840.313,614,250M VIDEO OJSC459,1710.03293,832MECHEL OAO ADR42,4000.434,917,032MMC NORILSK NICKEL JSC-ADR266,7950.262,972,810MOBILE TELESYSTEMS-SP ADR159,4000.02239,049OJSC LSR GROUP GDR57,3810.121,404,647OJSC MAGNIT8,8840.242,802,976ROSTELEKOM PREF945,833

0.091,017,774GRUPO CARSO S.A1211,3000.839,556,325GRUPO FIN BANORTE1,487,1000.141,588,999GRUPO INDUSTRIAL MASECA S.A.B.526,8000.677,778,022GRUPO MEXICO SAB DE CV -B-2,160,5440.627,113,100GRUPO TELEVISA GDR267,6110.131,548,627INDUSTRIAS PENOLES SA DE CV30,8950.03378,433KIMBERLY-CLARK DEMEXICO S.A.B.149,1000.323,698,437MEXICHEM S.A.B. DE C.V666,037


0.08891,348NORD GOLD NV-REG S GDR202,948

0.05556,920Panamá

0.05556,920COPA HOLDINGS CLASS A5,600

0.343,954,500Peru

0.343,954,500CIA DE MINAS BUENAVENTURA-SP ADR110,000

0.394,550,612GERDAU SP.ADR506,1860.101,209,311GRUPO BIMBO SA DE CV BIMBO469,200

0.293,354,246República Checa

0.141,654,772CESKE ENERGETICKE ZAVODY A.S.46,3210.101,179,312KOMERCNI BANKA AS5,5980.05520,162TELEFONICA CZECH30,597


0.00217EURASIAN NATURAL RESOURCES470.192,142,188OLD MUTUAL742,1450.121,401,205PETROPAVLOVSK PLC238,793

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43



0.151,716,000TAIWAN SEMICONDUCTOR-SP ADR100,0000.06695,782UNIMICRON TECHNOLOGY656,0000.07849,730UNITED MICROELECTRONICS CORP2,109,0000.08888,001WISTRON CORP856,6990.151,689,998WPG HOLDINGS CO LTD1,291,469

0.06646,053IRPC PUBLIC COMPANY4,804,2000.667,722,270KASIKORNBANK -F-1,220,7970.404,613,191KRUNG THAI BANK PUBLIC FOREIGN7,055,8750.101,164,231LAND AND HOUSE -F-3,652,7000.06682,997L.P.N. DEVELOPMENT NVDR1,167,2000.283,265,059PTT EXPLORATION PRODUC PUBLIC609,0130.273,064,760PTT GLOBAL CHEM1,339,3000.475,412,925PTT PUBLIC COMPANY FOREIGN498,7390.04486,087ROBINSON DEPT FRGN223,6000.404,664,702SIAM CEMENT -F-304,9000.161,898,660SIAM CEMENT (NVDR)132,0000.121,368,322SUPALAI PUBLIC FOREIGN2,364,800

0.283,266,654Turquia

0.283,266,654EMLAK KONUT REIT1,868,5900.0019,950Obrigações convertíveis0.0019,950Brasil

0.0019,950PDG REALTY 0% 19/09/2016 CV81,697



0.04490,651MACQUARIE BANK WRT ON DLF SHS 18/04/3013117,0250.08860,623MARCQUARIE BANK WARRANT 25/11/2014138,000

0.091,051,913Baamas

0.091,051,913CREDIT SUISSE CERT MOUWASAT MEDICALSERVICES19/08/2015

73,403

3.3238,279,848Bermudas

0.343,955,292CLSA CW10 MAHINDRA MAH 28/06/2015233,4580.485,414,344CLSA FIN CERT ONE ZEE TELEFILMS 03/05/20151,349,0330.687,785,140CLSA FINANCIAL PRODUCTS LTD CERTIFICAT

05/05/20151,492,693

0.394,525,903CLSA FINANCIAL PRODUCTS WRTS HDFC BANK28/06/2015

366,755

0.323,723,198CLSA FINANCIAL PRODUCTS WRTS INFOSYS10/05/2015

88,299

0.07777,675CLSA FINANCIAL PRODUCTS WRTS LUPIN07/06/2015

69,666

0.263,025,116CLSA FINANCIAL WTS 29/06/2012358,4770.455,239,111CLSA WARRANT 17/05/2015 RELIANCE INDS343,1590.333,834,069CLSA WRT JINDAL STEEL 07/01/2013470,773

0.05580,022Ilhas Caimão

0.05580,022MORGAN STANLEY WTS INDIABULLS 28/10/20142,199,885

0.00120Chile

0.00120LATAM AIRLINES GROUP DTS 14/01/2013221

0.283,223,726Curaçao

0.091,048,208MERRILL LYNCH WARRANT FAWAZ ABDULAZIZ24/03/2014

37,802

0.06658,238MERRILL LYNCH WARRANT JARIR MARKETING24/03/2014

15,902

0.131,517,280MERRILL LYNCH WARRANT ON SAMBA 24/03/2014127,309


0.07790,891JP MOR CERT BAOSHAN 09/10/20141,013,9630.111,303,849JP MORGAN CERTIFICAT IND COMMERC BK OF

CHINA 02/09/20141,957,526

0.08969,123Arábia Saudita

0.08969,123HSBC BANK CERTIFICAT ACTION 17/05/201334,618


0.03355,254DEUBK CERT 24/1/17(BHARTI AIRT)61,6120.141,665,487HSBC BANK PLC EQUITY LINK ETIHAD 05/12/201482,194

0.526,048,111Outros valores mobiliários

0.526,048,111Acções


0.273,111,770PERUSAHAAN GAS NEGARA TBK6,519,500


0.06720,755AFRICAN RAINBOW MINERALS32,2020.141,641,051NAMPAK LTD437,1520.05574,535SAPPI LTD157,753

0.05592,740SILICONWARE PRECISION ADR111,0000.212,456,038SIMPLO TECHNOLOGY488,4990.182,100,121SYNNEX TECHNOLOGY INTL1,139,9140.354,089,923TAIWAN CEMENT3,053,1420.091,084,408TAIWAN MOBILE CO LTD294,3002.1424,596,854TAIWAN SEMICONDUCTOR MANUFACTURING CO

LTD7,363,585

6.1370,849,901Taiwan

0.141,613,577ADVANCED SEMICONDUCTOR ENGI1,859,3900.111,216,098ASUSTEK COMPUTER108,1600.06698,121AU OPTRONICS CORP1,559,4400.171,978,415CHINATRUST FIN HLDG3,349,9230.101,116,086CHUNGHWA TELECOM ADR34,5110.08941,242CHUNGHWA TELECOM CO LTD289,2350.03331,292COMPAL ELECTRONICS492,0910.263,036,676DELTA ELECTRONIC INDUSTRIAL INC828,0000.091,052,516FAR EASTERN TEXTILE923,3840.141,571,873FAR EASTONE TELECOMMUNICATION616,0000.434,951,214FORMOSA PLASTICS1,829,2400.121,396,123HOTAI MOTOR CO LTD174,0000.192,250,492LARGAN PRECISION84,0000.111,304,727PEGATRON CORP1,009,0000.212,479,253PHISON ELECTRONICS CORP374,0000.171,942,761QUANTA COMPUTER826,0000.192,209,840RADIANT OPTO-ELECTRONICS537,000

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Equity MENA

45





41.379,649,423Acções

0.73170,681Egipto

0.2968,104COMMERCIAL INTL BANK (EGYPT)12,5380.44102,577ORASCOM TELECOM HOLDING164,443

16.183,774,674Kuwait

0.86199,494AGILITY PUBLIC WAREHOUSING COMPANY110,0000.68159,310BOUBYAN BANK70,0001.54358,564BURGAN BANK190,2501.41328,406COMMERCIAL BANK OF QATAR16,8650.4297,080GULF BANK OF KUWAIT65,0000.1944,806GULF CABLE & ELECTR10,0000.93216,029KUWAIT FINANCE HOUSE75,0002.86667,455KUWAIT PROJECTS COMPANY481,2731.94452,375MABANEE COMPANY107,8082.96693,427MOBILE TELECOMMUNICATIONS CO250,0002.03474,517NATIONAL BANK OF KUWAIT139,0000.3683,211NATIONAL MOBILE TELECOMMUNICAT10,000

1.04241,715Marrocos

1.04241,715MAROC TELECOM19,291

2.33543,754Omã

1.60373,450BANK MUSCAT SAOG249,6470.73170,304OMAN TELECOM44,579

10.552,459,795Catar

0.1535,960DOHA BANK2,6032.83660,740INDUSTRIES QATAR15,5110.1433,117MASRAF AL-RAYAN4,8641.97458,327QATAR ELECTRICITY & WATER12,6040.47110,027QATAR INTERN.ISLAMIC BK7,7040.47110,450QATAR ISLAMIC BANK5,3623.75871,395QATAR NATIONAL BANK24,2380.77179,779QATAR TELECOM6,294


0.4093,729AIR ARABIA412,3001.54358,904ALDAR PROPERTIES1,038,0110.2148,813ARAMEX89,6470.1739,292DANA GAS320,7180.2045,909DUBAI FINANCIAL MARKET165,3202.90676,226EMAAR PROPERTIES662,3491.99463,791FIRST GULF BANK146,8561.46340,462NATIONAL BANK OF ABU DHABI121,4111.22285,640SOROUTH REAL ESTATE839,335


0.45106,038HIKMA PHARMACEUTICALS8,652


3.13730,053Baamas

2.55594,307CREDIT SUISSE CERT MOUWASAT MEDICALSERVICES19/08/2015

41,471

0.58135,746CS /ALMARAI CERTIFICAT 23/09/20158,018

9.732,269,592Curaçao

1.57366,827MERRIL LYNCH LEPO WARRANT ON SAUDITELECOM CO 31/03/2014

31,775

1.76411,650MERRIL LYNCH WARRANT ON EMAAR ECONOMICCITY 31/03/2014

186,021

1.87434,910MERRILL L WRT ALINMA BANK 29/04/2015126,9430.3070,988MERRILL LYNCH WARRANT JARIR MARKETING

24/03/20141,715

1.57366,022MERRILL LYNCH WARRANT SAUDI ARABIAN FE24/03/2014

9,017

1.37318,799MERRILL LYNCH WARRANT SAVOLA 31/03/201429,8931.29300,396MERRILL WARRANT BANQUE SAOUDI 24/03/201438,323


0.44103,284JPM STRUCTURED ASTRA INDUSTRIAL WTS28/01/2016

9,933

0.51119,706JPM STRUCTURED NOTES WARRANT SAUDIKAYAN PETR 08/02/2016

37,106

0.78181,974JPM STRUCTURED WRT NIC AB 28/01/201624,6402.34543,167JPM WART ETIHAD ETISALAT 08/02/201626,8061.93448,547MORGAN STAN WT SAUDI BASIC 02/10/201318,7450.77180,731MORGAN STANLEY CERTIFICAT ON ABDULLAH AI-

KHODARI 18/12/201326,274

1.01235,737MORGAN STANLEY CERTIFICAT YANBY NATIONALPETROCHEMICAL 06/01/2014

18,693

1.00234,014MORGAN STANLEY CERTIFICATES SAUDI ARABIANMINING 16/10/2013

27,090

1.74406,748MORGAN STANLEY WTS RYAD BANK 25/01/201466,330

4.591,070,397Arábia Saudita

1.29301,672HSBC BANK CERTIFICAT ACTION 17/05/201310,7762.37551,769MORGAN STAN /SAMBA 27/09/201346,2980.93216,956MORGAN STANLEY CERTIFICATES SAUDI PHARMA

17/10/201318,621


0.56131,241CITIGROUP CERTIFICAT ON SAUDI BRITISH BANK10/03/2014

16,463

0.49114,566CITIGROUP GLOBAL MARKET CERTIF 03/01/20146,7671.41327,703CITIGROUP GLOBAL MARKET CERTIF 29/01/20147,9172.25524,478CITIGROUP GLOBAL MARKET CERTIF 29/01/201418,915


0.86200,754CREDIT SUISSE INTER WARRANT ON JABAL OMARDEVELOP 20/02/2013

39,630

1.99464,672DEUTSCHE BANK AG LONDON WARRANTS ALRAJHI BANK 27/09/2016

26,813

1.44335,026DEUTSCHE BANK AG LONDON WARRANTSNATIONAL INDUSTRIAL 13/09/2016

45,364

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Equity MENA

46



0.00253GOLDMAN SACHS INT CERTIFICAT ON SAUDI ARACEMENT 22/12/2014

20

0.00812GOLDMAN SACHS INT CERTIFICAT ON SAUDI ARAFERTILIZER 22/12/2014

20

2.09487,109HSBC /ARABIAN FERTILIZER CERTIFICAT11/05/2015

12,000

2.11493,048HSBC BANK CERTIFICAT ON DAR AL ARKAN13/08/2014

224,154

0.78182,642HSBC BANK PLC AL RAJHI BANK CERT 16/02/201510,5390.63145,778HSBC BANK PLC CERT ARABIAN PIPES CO

29/09/201419,458

2.12493,179HSBC BANK PLC EQUITY LINK ETIHAD 05/12/201424,3390.54125,583HSBC CERTIFICAT ON UNITED ELECTRONICS CO

22/12/20144,540


0.55128,157Acções0.55128,157Jordânia

0.55128,157JORD PHOSPHATES MINES COMPANY6,997


0.92215,479DEUTSCHE BANK AG LONDON WARRANTS SABICAB 27/09/2016

9,005

1.93449,574DEUTSCHE BANK AG LONDON WARRANTS SAMBAAB 27/09/2016

37,723

1.33311,213DEUTSCHE BANK AG LONDON WARRANTS SAUDICEMENT 13/09/2016

12,287

1.28297,398DEUTSCHE BANK AG LONDON WARRANTS SAUDITELECOM 13/09/2016

25,761

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Equity Greater China

47





97.30663,730,296Acções


1.7311,816,018BRILLIANCE CHINA AUTOMOTIVE9,600,000

26.30179,321,129Bancos

1.5610,663,491BOC HONG KONG HOLDINGS LTD3,429,5007.3950,349,885CHINA CONSTRUCTION BANK H62,741,7400.704,794,173DAH SING FIN HLDGS1,063,2009.7566,459,528HSBC HOLDINGS HKD6,336,0006.9047,054,052INDUSTRIAL & COMMERCIAL BANK OF CHINA-H66,310,575


0.825,622,765BBMG6,190,5001.389,417,995CHINA COMMUNICATIONS CONSTR H9,759,0001.5610,575,662CHINA STATE CONSTRUCTION INTL8,814,000


2.0113,683,969CLP HOLDINGS LTD1,635,500


0.906,136,178AAC TECHNOLOGIES HOLDINGS IN1,755,000


2.3115,767,722CHEUNG KONG HOLDINGS LTD1,027,0000.664,492,761DAH SING BKG GRP4,130,800


1.7612,020,115CHINA FOODS LTD13,012,0000.966,537,715WILMAR INTERNATIONAL2,391,000


3.7025,269,396HUTCHISON WHAMPOA LTD2,421,000


1.117,602,482INTIME DEPARTMENT STORE6,447,0000.573,879,407LI & FUNG2,198,000


0.523,573,138GOODBABY INTL HOLDING9,891,0000.724,851,305TECHTRONIC INDUSTRIES2,618,500


0.775,275,561MAANSHAN IRON & STEEL SHS H17,400,000


0.604,078,632CHINA SHIPPING DEVELOPMENT -H-7,120,0001.5610,667,858PACIFIC BASIN SHIPPING19,008,000

9.7366,399,425Seguros de Vida

4.7432,380,797AIA GROUP8,296,8003.6624,954,539CHINA LIFE INSURANCE CO-H7,645,0001.339,064,089PING AN INSURANCE GROUP CO-H1,082,500


2.4616,797,966CHINA SHENHUA ENERGY CIE LTD3,835,0000.755,129,693MONGOLIAN MINING CORP10,463,000


6.8946,977,346CHINA MOBILE LTD4,034,500


2.5517,369,219CNOOC LIMITED8,023,0004.5431,032,515PETROCHINA CO LTD-H21,906,0000.332,231,063SPT ENERGY GP4,434,000


0.322,152,955ANTON OILFIELD SERVICES GROUP4,080,0000.261,754,650HILONG HLDG5,000,0000.483,307,515HONGHUA GROUP7,540,000


0.745,073,668BELLE INTERNATIONAL HOLDINGS2,338,0001.167,878,681HENGAN INTERNATIONAL GROUP CO LTD873,0000.483,304,258LI NING CO5,081,500


0.513,474,973CHINA PHARM GRP12,078,000


0.996,758,676KERRY PROPERTIES1,301,5001.329,002,240LONGFOR PROPERTIES4,596,5001.9613,342,821SUN HUNG KAI PROPERTIES890,0000.926,285,303WHARF HOLDINGS803,900


0.664,509,450QIHOO 360 TECHNOLOGY165,0004.8733,237,119TENCENT HOLDINGS LTD1,034,600


1.439,770,862ASM PACIFIC TECHNOLOGY LTD803,1001.087,350,734LENOVO GROUP LTD8,116,0000.291,980,152ORISE TECHNO1,482,0001.7111,660,663SPREADTRUM COMMUNICATION ADR672,860


0.936,358,541SJM HOLDINGS2,738,000





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Equity India

48





100.21578,119,117Acções


0.663,791,932CUMMINS INDIA DS400,0000.412,371,965EXIDE INDUSTRIES900,0001.066,119,021MARUTI SUZUKI SHS225,0001.478,503,148MOTHERSON SUMI SYSTEMS LIMITED2,350,000

16.5695,543,077Bancos

9.6655,734,611HDFC BANK4,500,0004.5926,487,835ICICI BANK1,275,0002.3113,320,631INDUSIND BANK LTD1,750,000

3.2418,706,581Bebidas

1.619,315,065UNITED BREWERIES LTD550,0001.639,391,516UNITED SPIRIT LTD271,000


0.673,841,576COROMANDEL INTERNATIONAL800,0000.704,088,793RALLIS INDIA1,500,000


1.025,881,455ACC LIMITED225,0001.126,472,056ASIAN PAINTS80,0001.015,829,074IRB INFRAST DEV2,500,0001.146,543,711JAIPRAKASH ASSOCIATES LTD3,700,0001.106,358,093SHREE CEMENT75,0000.533,045,446VA TECH WABAG300,000


0.653,723,306JSW ENERGY LTD3,000,0000.462,633,629KSK ENERGY VENTURES LIMITED2,383,0981.005,759,490POWER GRID CORP OF INDIA2,750,0001.317,607,957RURAL ELECTRIFICATION CORP LTD1,700,000


1.8110,457,016HAVELLS INDIA900,000


0.432,468,059BAJAJ FINANCE100,0000.512,914,286DEWAN HOUSING FINANCE CORP882,6638.5949,543,405HOUSING DEVELOPMENT FINANCE CORP LTD3,275,0002.8816,610,144KOTAK MAHINDRA BANK LTD1,400,0002.2913,232,522MAHINDRA & MAHINDRA FINANCIAL660,0000.583,360,900MAX INDIA125,0000.382,211,790SHRIRAM TRANSPORT FINANCE CO LTD160,0001.408,080,853SKS MICROFINANCE2,750,000


1.327,637,761GLAXO SMITHKLINE CONSUMER110,0001.699,737,564MCLEOD RUSSEL INDIA LTD1,525,000


1.629,340,708APOLLO HOSPITALS ENTERPRISE650,000


0.271,541,796TTK PRESTIGE25,000


0.925,304,982EICHER MOTORS LTD100,0001.9911,477,707MAHINDRA & MAHINDR675,0000.794,565,066TATA MOTORS800,000


0.372,143,639HINDALCO INDUSTRIES900,000

0.985,639,349Suportes

0.985,639,349ZEE ENTERTAINMENT SHS DEMATERIALISED1,400,000


4.7827,581,488RELIANCE INDUSTRIES LTD1,800,000


0.693,955,785BATA INDIA250,0000.764,375,980EMAMI400,0000.784,541,088TITAN INDUSTRIES875,000


1.005,788,099GLENMARK PHARMACEUTICALS600,0002.4814,284,697LUPIN1,275,000

1.307,499,999STRIDES ARCOLAB LTD375,0002.2412,917,273WOCKHARDT450,000


1.015,835,005GODREJ PROPERTIES500,0001.287,404,635MAHINDRA LIFESPACEDEVELOPERS L1,000,0000.553,155,502OBEROI REALTY600,0000.744,256,615PRESTIGE ESTATES PROJECTS1,300,000


0.985,646,102HCL TECHNOLOGIES LTD500,0004.0323,275,867INFOSYS TECHNOLOGIES550,0004.8527,963,802TATA CONSULTANCY SERVICES1,220,000

6.5637,819,485Tabaco

6.5637,819,485ITC LTD7,225,000


0.643,679,503COX AND KINGS1,500,0002.6115,050,335JUBILANT FOODWORKS LTD640,000


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Equity India Select

49






1.331,091,198BAJAJ AUTO28,000

19.5316,028,804Bancos

1.521,250,104AXIS BANK SHS DEMATERIALISED50,3940.87712,997BANK OF BARODA45,0000.42344,464FEDERAL BANK LTD35,0006.095,002,603HDFC BANK403,1356.555,368,788ICICI BANK257,9330.74610,112INDUSIND BANK LTD80,0002.822,315,442STATE BANK OF INDIA53,0790.52424,294YES BANK50,000


0.67549,990ACC LIMITED21,0001.08885,983JAIPRAKASH ASSOCIATES LTD500,0004.273,507,985LARSEN & TOUBRO LTD119,3630.90740,109ULTRA TECH CEMENT20,376


0.46377,686CESC65,0001.241,016,323POWER GRID CORP OF INDIA484,3371.231,012,438RURAL ELECTRIFICATION CORP LTD225,796


6.064,973,250HOUSING DEVELOPMENT FINANCE CORP LTD328,1201.451,190,344IDFC LTD380,0001.16950,974KOTAK MAHINDRA BANK LTD80,0000.45372,945LIC HOUSING FINANCE LTD70,0000.44361,580MAHINDRA & MAHINDRA FINANCIAL18,0000.33269,388MAX INDIA10,0000.80655,595POWER FINANCE176,0000.42346,256SHRIRAM TRANSPORT FINANCE CO LTD25,000


2.071,698,759MAHINDRA & MAHINDR99,7122.782,286,916TATA MOTORS400,000


0.44357,959HINDALCO INDUSTRIES150,0000.50409,481JINDAL STEEL & POWER LTD50,0003.012,473,397TATA STEEL315,654


0.30246,868ADANI PORTS100,000

1.13928,243Suportes

1.13928,243ZEE ENTERTAINMENT SHS DEMATERIALISED230,000


1.381,134,575COAL INDIA174,8710.55452,866NMDC LTD150,000


3.192,618,102BHARTI AIRTEL LTD451,501


1.15940,970BHARAT PETROLEUM CORPORATION LIMITED144,4000.71583,524CAIRN INDIA LTD100,0002.552,091,875OIL & NATURAL GAS CORPORATION LTD426,8446.615,429,338RELIANCE INDUSTRIES LTD353,646

0.81661,278Equipamento, Serviços e Distribuição de Petróleo

0.81661,278AMBUJA CEMENTS SHS180,000


1.991,637,539HINDUSTAN LEVER LTD170,6180.95779,967TITAN INDUSTRIES150,000


1.831,505,632CIPLA LTD198,7581.891,555,011DR REDDY’S LABORATORIES46,4740.47388,782IPCA LABORATORIES LTD40,9961.771,449,094LUPIN129,0930.44360,691STRIDES ARCOLAB LTD18,0001.531,253,678SUN PHARMACEUTICAL INDUSTRIES93,117

0.54442,772Investimentos e Serviços Imobiliários

0.54442,772DLF LTD105,000


1.261,033,053FINANCIAL TECHNOLOGIES LTD50,0000.92751,910HCL TECHNOLOGIES LTD66,4594.703,869,855INFOSYS TECHNOLOGIES91,2680.29235,074ONMOBILE GLOBAL300,0003.262,673,282TATA CONSULTANCY SERVICES116,4060.79649,264WIPRO90,000

7.185,891,794Tabaco

7.185,891,794ITC LTD1,123,406


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Equity India Infrastructure

50






2.13947,983CUMMINS INDIA DS100,0003.051,356,885MOTHERSON SUMI SYSTEMS LIMITED375,000


1.76784,194ACC LIMITED30,0002.731,213,510ASIAN PAINTS15,0001.65731,589ENGINEERS INDIA —- SHS175,0001.68746,167INDIA CEMENTS DS450,0001.70757,780IRB INFRAST DEV325,0002.19972,714JAIPRAKASH ASSOCIATES LTD550,0001.16515,787KALPATARU POWER DS300,0002.801,246,648LARSEN & TOUBRO LTD42,5005.342,373,689SHREE CEMENT28,0002.04906,324ULTRA TECH CEMENT25,0002.741,218,178VA TECH WABAG120,000


0.79353,167GMR INFRASTRUCTURE1,000,0001.85821,318JAIPRAKASH POW1,200,0001.95868,772JSW ENERGY LTD700,0001.14508,812KSK ENERGY VENTURES LIMITED460,4101.88837,744POWER GRID CORP OF INDIA400,0001.39617,553RELIANCE INFRASTRUCTURE65,0002.531,118,816RURAL ELECTRIFICATION CORP LTD250,000


1.31581,721CROMPTON GREAVES275,0002.871,278,079HAVELLS INDIA110,0001.78792,184SIEMENS DS65,000


1.30577,797DEWAN HOUSING FINANCE CORP175,0002.461,094,269IDFC LTD350,0003.611,603,942MAHINDRA & MAHINDRA FINANCIAL80,0001.51672,180MAX INDIA25,0001.67743,566POWER FINANCE200,0002.02898,540SHRIRAM TRANSPORT FINANCE CO LTD65,000


1.79795,747EICHER MOTORS LTD15,0000.38170,469HINDUSTAN DORR OLI400,0001.28570,633TATA MOTORS100,0000.95421,610TEXMACO RAIL350,0001.91844,452THERMAX DS75,0001.47654,681TITAGARH WAGONS100,000


2.14952,727HINDALCO INDUSTRIES400,0000.67299,671JAI BALAJI INDUSTRIES LTD456,0821.84817,394JINDAL STEEL & POWER LTD100,000

1.46647,563Prospecção Mineira

1.46647,563COAL INDIA100,000


1.30578,755BHARTI AIRTEL LTD100,0001.71757,803IDEA CELLULAR LTD400,000


6.372,834,764RELIANCE INDUSTRIES LTD185,000


0.63280,161GUJARAT200,000


2.621,167,001GODREJ PROPERTIES100,0002.771,231,961MAHINDRA LIFESPACEDEVELOPERS L166,3770.65287,781NITESH ESTATES LTD850,0002.07920,355OBEROI REALTY175,0002.951,309,727PRESTIGE ESTATES PROJECTS400,000

1.86828,886Fundos de Investimento em Bens Imobiliários

1.86828,886ASCENDAS INDIA TRUST1,350,000


2.491,107,045REDINGTON INDIA700,000


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Equity Korea

51






1.651,398,267HANKOOK TIRE31,8503.412,882,219HYUNDAI MOBIS10,7147.856,629,241HYUNDAI MOTOR32,4812.652,241,813HYUNDAI WIA CORP13,8731.661,401,820KIA MOTORS CORP26,5620.92781,949KOREA ZINC2,067

10.378,770,836Bancos

3.192,696,395HANA FINANCIAL GROUP83,1903.322,806,988KB FINANCIAL GROUP79,2903.863,267,453SHINHAN FINANCIAL GROUP90,040


2.392,023,332CHEIL INDL22,9951.891,595,810HONAM PETROCHEMICAL CORP6,9590.69581,937KUMHO PETRO CHEMICAL CO LTD4,7744.663,938,145LG CHEM12,7761.341,132,944SKC CO.LTD28,810


1.04879,405DAEWOO ENGR & CONST94,6201.631,379,698HYUNDAI ENGINEERING AND CONSTR21,1010.45376,438KEPCO E&C5,7492.582,181,929SAMSUNG CORP37,315

0.76645,364Electricidade

0.76645,364KOREA ELECTRIC POWER CORP22,690


2.712,291,933LS CORP26,0200.47400,450PARTRON21,9290.92778,038SEKONIX CO LTD39,2900.18150,000UI DISPLAY17,474


0.91772,809MERITZ FIRE & MARI58,4700.97816,282SAMSUNG SECURITIES16,365

0.70593,560Telecomunicações de Linha Fixa

0.70593,560KT17,900


1.871,576,508LOTTE SAMKANG2,5651.03874,622ORION CORP852


1.301,101,413KOREA GAS CORP15,701

1.03875,051Retalho Geral

1.03875,051GS HOME SHOPPING INC6,143


0.37315,043HUVITZ22,789


2.161,825,327HYUNDAI HEAVY IND8,0750.70588,382SAMSUNG HEAVY INDUSTRIES CO LTD16,3400.61517,519SUANG KWANG BEND22,6140.59500,099T.K. CORP24,902


1.361,151,081POSCO3,531


0.60508,349HYUNDAI GLOVIS CO LTD2,457

1.13955,494Seguros de Vida

1.13955,494TONGYANG LIFE96,960

1.461,231,986Suportes

1.461,231,986KT SKYLIFE39,430


0.72607,330DONGBU INSURANCE CO LTD14,1500.30252,864KOREAN REINSURANCE23,5401.761,488,324SAMSUNG FIRE & MARINE7,309


1.451,227,260SK INNOVATION CO LTD7,5511.321,113,465S-OIL CORP11,462

0.79669,412Bens Pessoais

0.79669,412KOREA KOLMAR25,190


1.06893,993KLS11,587


4.033,410,380NHN CORP16,084


0.85721,270ILJIN DISPLAY34,9402.051,729,745LG DISPLAY CO LTD59,64010.048,491,612SAMSUNG ELECTRONICS CO LTD5,9733.492,948,114SK HYNIX INC122,570


0.59498,347GOLFZON CO LTD8,4820.82691,245GRAND KOREA LEISURE CO LTD25,8300.46392,526HANA TOUR SERVICE6,8890.00127KOREAN AIR LINES30.90759,511PARADISE47,274


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Equity Latin America

52





99.191,152,007,542Acções0.222,609,074Argentina

0.02175,110GRUPO CLARIN CL.B70,0440.202,433,964NORTEL INV SP.ADR-B177,532

3.7243,216,667Bermudas

0.809,288,027COSAN CL A536,5702.9233,928,640CREDICORP LTD.231,500

64.14744,733,708Brasil

0.182,096,648AES TIETE204,6200.131,504,648AMBEV ADR36,1000.171,967,232AMBEV ADR46,8503.4039,356,158AMBEV-CIA DE BEBIDAS DAS AMERI962,7540.005,016AMBEV-CIA DE BEBIDAS PFD1201.0912,661,856ARTERIS1,368,0950.445,150,492AUTOMETAL501,7000.849,743,774BANCO BRADESCO PFD567,2610.9310,752,950BANCO BRADESCO SA BRAD N1648,7003.1536,625,791BANCO BRADESCO-SPONSORED ADR2,108,5660.637,285,396BANCO DO BRASIL SA582,6950.627,151,431BANCO ESTADO RIO GRANDE DO SUL944,0811.8421,395,616BOLSA DE MERCADORI3,129,1390.202,298,136BR MALLS PARTICIPACOES SA174,1480.202,333,897BR PROPERTIES187,4002.7431,807,049BRADESPAR PREF1,983,7211.0312,006,489BRASIL FOODS582,6860.07838,781BRASKEM SP.ADR62,8300.111,301,086BRAZIL PHARMA SA185,0000.434,941,851BRF BR FOODS SP ADR234,1000.05593,070BROOKFIELD INCORPORACOES355,0651.2114,007,513CCR SA1,474,5840.455,275,352CEMIG493,2140.697,959,642CEMIG SP ADR732,9320.111,299,283CESP CIA ENERG SP PRF NPV ‘B’137,2000.242,790,802CETIP BALCAO ORG.ATIVOS DERIV.225,0580.111,261,338CIA ENERG MINAS GERAIS PREF114,2750.202,371,406CIA ENERGETICA CEARA107,9002.2626,246,297CIA HERING1,279,8240.131,557,504CIA PARANAESE DE ENERGI PFB100,6000.556,396,179CIELO229,8000.839,641,508COMPANHIA BRASILEIRA DIST -ADR217,2000.151,728,410CPELBN SP.ADR112,6000.0191,623CR2 EMPREENDIMENTOS IMOBILIARI40,0000.252,936,640CYRELA BRAZIL REALTY SA336,1000.172,021,893DIRECIONAL ENG292,5700.141,577,080DURATEX217,4480.08914,656ELETROBRAS PREF B178,7000.596,888,649EMBRAER EMPRESA976,1000.435,003,505EMBRAER SA ADR175,500

0.404,649,499ENERGIAS DO BRASIL S.A762,2050.07773,891EQUATORIAL ENERGIA SA - ORD84,6000.111,312,206ESTACIO PARTICIPACOES S.A.64,4000.536,127,607EVEN CONSTRUTORA E INCORPORADO1,334,7230.586,765,405EZ TEC EMPREENDIMENTOS PARTICI539,0000.05602,610FIBRIA CELULOSE SA53,0000.414,791,360GAFISA S.A.ADR1,030,4000.091,093,741GERDAU PREF.124,9000.647,480,506HELBOR EMPREENDIMENTOS SA 1,220,4370.141,570,530HRT PETROLEO679,8500.475,418,190HYPERMARCAS667,5000.06680,451INTERGROUP FINANCIAL19,0070.161,900,790IOCHPE MAXION142,3000.101,193,350ITAU UNIBANCO ADR72,5002.0523,818,786ITAU UNIBANCO HOLDING SA1,460,6003.6942,727,117ITAUSA INVESTIMENTOS PREF9,028,3400.698,056,528JHSF PARTICIPACOES1,915,9002.1625,090,022KLABIN PREF.SHS4,016,6000.192,186,819KROTON EDUCACIONAL SA96,8120.374,275,541LLX LOGISTICA SA3,647,6060.606,958,376LOCALIZA RENT A CAR379,9310.526,080,027LOJAS RENNER SA156,1000.505,753,164MAGAZINE LUIZA SA969,5240.394,489,453MARCOPOLO PREF712,5770.708,127,604METALURGICA GERDAU PREF726,7000.161,813,205MINERVA330,3000.414,808,398MMX MINERACAO TRUST UNITS2,829,1060.384,357,035MPX ENERGIA.800,1000.08944,934MRV ENGENHARIA E PARTICIPACOES161,5000.0021,702OGX PETROLEO E GAS PARTICIPA10,1450.01128,475OSX BRASIL24,7001.2614,640,880PCAPN PCA4331,2430.101,137,937PETROLEO BRASILEIRO119,1796.3073,061,583PETROLEO BRASILEIRO PREF.SHS7,663,6801.1213,033,290PETROLEO BRASILEIRO-SP ADR675,3000.171,956,170QUALICORP188,8400.546,241,003SABESP147,1000.242,807,952SABESP SP.ADR33,6000.08983,047SAO MARTINHO SA71,8860.606,979,348SARAIVA SA LIVREIROS EDITORES550,6880.151,756,827SID NACIONAL303,3000.08974,680SID NACIONAL SP ADR165,2000.718,190,607SUZANO BAHIA SUL PAPEL PFD A2,388,9500.111,313,206TECNISA SA333,6000.212,384,592TEGMA GESTAO LOGISTICA S.A.139,5000.364,178,421TELEF BRAZIL196,0000.0045,805TELEF BRAZIL PFD1,9141.3916,199,261TELEFONICA BRAZIL ADR 1 PFD673,2860.121,395,052TEREOS INTERNACIONAL924,4000.546,284,768TIM PARTICIPACOES1,569,2910.091,056,069TIM PARTICIPACOES ADR53,2830.262,999,286TOTVS152,0450.05611,855TRISUL SA433,4900.101,190,904USIMINAS PREF.SHS A190,500

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Equity Latin America

53



0.202,292,999USINAS SIDERURGICAS DE MINAS GERAIS SA343,4503.3238,411,965VALE DO RIO DOCE1,860,2001.9722,896,960VALE DO RIO DOCE -PREF-A1,147,1000.01119,472VALE SA - ADR5,7000.505,805,800VALE SA - PREF ADR286,000

0.9410,973,667Canadá


4.1948,703,366Chile

0.03290,879BANCO SANTANDER CHILE4,130,2700.091,058,233BANCO SANTANDER-CHILE ADR37,1440.151,734,664CAP SA51,7320.323,677,424CENCOSUD SA678,3860.687,989,738CERVECERIAS SP.ADR252,6000.333,788,436CFR PHARMACEUT14,990,9410.02174,676CORPBANCA13,010,9950.03395,367EDELNOR168,4030.151,761,808EMBOT AND SP ADR-B46,4000.505,819,026EMBOTELLADORA ANDINA S.A. -B-925,1090.091,076,292EMBOTELLADORA ANDINA SA PFD A211,4690.05551,553EMPRES ELEC SP ADR11,3000.323,709,508EMPRESA NACIONAL DE TELECOM.179,4180.485,593,540ENERSIS SA ADR307,0000.07852,509HABITAT441,3250.151,773,828INVERSIONES LA CONSTRUCTION SA91,0260.05575,931LATAM AIRLINES GROUP25,0900.303,497,718LATAM AIRLINES GROUP-SP ADR148,4600.151,690,261PARAUCO682,6630.0028,731SDAD QUIMICA Y MINERA CHILE B5000.222,536,160SOC QUIM&MIN SP ADR44,0000.01127,084SONDA40,000

0.627,212,346Colômbia

0.445,100,028BANCOLOMBIA ADR76,6000.182,112,318ECOPETROL SA ADR35,400


0.05610,441TENARIS SA21,4660.697,931,640TERNIUM SA ADR336,800

22.46260,876,543México

0.06704,960AMERICA MOVIL L614,4044.8456,292,678AMERICA MOVIL-ADR-L2,432,7000.121,351,164ARCA CONTINENTAL182,6020.151,700,773BOLSA MEXICANA DE VALORES677,7000.111,294,742CEMEX CPO1,323,9000.536,188,047CEMEX LATAM HLDG960,8330.08978,056CONTROLADORA UTS UNITS280,5000.07792,503EL PUERTO DE LIVERPOOL SAB CI75,9460.111,242,881EMPRESAS ICA SAB DE CV501,400

0.293,408,369FIBRA UNO ADMINISTRACION SA1,134,9003.1336,312,420FOMENTO ECONOMICO MEXICANO SA DE CV

FEMSA ADR360,600

0.384,447,219GERDAU SA590,9000.738,526,116GERDAU SP.ADR948,4000.526,028,515GRUPO BIMBO SA DE CV BIMBO2,339,0000.505,754,467GRUPO CARSO S.A11,194,6852.6130,312,785GRUPO FIN BANORTE4,717,1000.606,990,029GRUPO INDUSTRIAL MASECA S.A.B.2,317,4002.2125,616,641GRUPO MEXICO SAB DE CV -B-7,115,6762.1024,381,967GRUPO TELEVISA GDR917,3050.02243,960HERDEZB79,8000.789,009,557INDUSTRIAS PENOLES SA DE CV179,7400.202,360,956KIMBERLY-CLARK DEMEXICO S.A.B.930,2001.0311,975,397MEXICHEM S.A.B. DE C.V2,156,6021.2914,962,341WAL MART DE MEXICO V4,590,150

0.131,491,750Panamá

0.131,491,750COPA HOLDINGS CLASS A15,000

1.1813,753,702Peru

0.091,016,617ALICORP312,6391.0912,737,085CIA DE MINAS BUENAVENTURA-SP ADR354,300


0.00855HIPERMAC SPON ADR99,8360.809,327,038SOUTHERN COPPER CORP246,356

0.05566,745Venezuela

0.05531,079SIDERURGICA VENEZOLANA SIVENSA130,3320.0035,666SIVENSA ADR118,887

0.0186,263Obrigações convertíveis0.0186,263Brasil

0.0186,263PDG REALTY 0% 19/09/2016 CV353,251

0.001,241Warrants, direitos0.001,241Chile

0.00212LATAM AIRLINES GROUP DTS 14/01/20133910.001,029SONDAOSA CI DS 04/01/20135,188


0.02252,154Acções0.02252,154Brasil

0.0195,980BRASIL BROKERS PARTICIPACOES S28,9000.01156,174LOG-IN LOGISTICA I COM NPV37,400


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Equity Thailand

54





98.71120,542,830Acções22.5827,568,599Bancos

6.638,087,276KASIKORNBANK -F-1,278,5000.931,138,608KASIKORNBANK PCL-NVDR180,0006.237,597,180KRUNG THAI BANK PUBLIC FOREIGN11,857,0254.585,598,080SIAM COMMCL BANK -F-943,5004.215,147,455THANACHART CAPITAL PUBLIC NVDR18,524,780

3.063,735,224Bebidas

3.063,735,224THAI BEVERAGE11,551,000


5.436,627,461PTT GLOBAL CHEM2,896,200


4.405,378,098SIAM CEMENT (NVDR)373,9002.082,537,662SINO THAI FOREIGN2,848,700


3.964,837,595C.P. ALL PCL3,217,000


3.734,549,576CHAROEN POKPHAND FOOD4,123,6004.155,076,295THAI UNION FROZEN2,156,720


4.105,003,647HOME PROD.FOREIGN12,147,740


1.662,026,407BANGKOK CHAIN HOSPITAL6,849,4803.354,093,644BANGKOK DUSIT MEDICAL FOREIGN1,103,300


0.59718,263PRECIOUS SHIPPING FOREIGN RGD1,547,300

4.625,647,974Suportes

4.625,647,974VGI GLOBAL MEDIA1,867,800


3.063,736,823BANPU NVDR277,450


6.848,343,604ADVANCED INFO SCE PUB. CO LTD1,221,2003.404,156,896TOTAL ACCESS COMMUNICA-NVDR1,440,900


7.729,422,767PTT PUBLIC COMPANY FOREIGN868,2002.543,106,236THAI OIL F1,407,700


0.00-DUSIT THAI PROPERTIE222,9131.662,021,337HEMARAJ LAND FRGN20,474,4003.614,419,235L.P.N. DEVELOPMENT NVDR7,552,2002.052,506,295SUPALAI PUBLIC FOREIGN4,331,5002.132,598,064SUPALI PUBLIC NVDR4,490,100


1.992,431,128SHIN CORP PUBLIC CO NVDR1,077,800

0.00-Obrigações0.00-Retalho Geral

0.00-SWEDISH MOTORS CIE 0% PERPETUAL3,472


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Equity Global Aqua

55





96.6730,171,875Acções4.121,287,184Áustria

4.121,287,184ANDRITZ AG26,518

1.66517,792Bermudas

1.18367,170BEIJING ENTERP.WATER GRP.LTD1,876,0000.48150,622CHINA WATER AFFAIRS GROUP644,000

4.931,538,838Brasil

0.93290,105CIA SANEAMENTO MINAS GERAIS17,9004.001,248,733SABESP SP.ADR19,700


1.18369,074KEMIRA OYJ31,2510.60187,546UPONOR OYJ19,536

3.571,112,900França

0.87271,958SUEZ ENVIRONNEMENT COMPANY29,8562.70840,942VEOLIA ENVIRONNEMENT91,856

2.06642,743Israel

2.06642,743ISRAEL CHEMICALS LTD70,827

1.39434,831Itália

0.39120,649ACEA SPA26,4931.00314,182INTERPUMP GROUP54,216

2.84885,407Japão

0.99309,486EBARA CORP98,0001.85575,921KURITA WATER INDUSTRIES LTD34,700

1.93603,789Malásia

1.93603,789YTL CORP BERHAD1,281,192


1.53478,395AALBERTS INDUSTRIES NV30,4711.10342,826ARCADIS NV19,163


0.44137,937EPURE INTL383,0000.73225,725HYFLUX LTD284,000

3.361,047,537Suécia

3.361,047,537ALFA LAVAL66,404

7.562,360,099Suíça

6.612,064,567GEBERIT AG-NOM12,3710.95295,532SULZER AG-NOM2,475


0.97301,264HALMA PLC53,1902.63822,379PENNON GROUP PLC106,725


1.03322,987AEGION19,1900.2680,064AMERICAN STATES WATER2,2004.381,367,338AMERICAN WATER WORKS48,5512.74854,146AQUA AMERICA44,3001.15358,560BADGER METER INC9,9710.1959,849CALIFORNIA WATER SERVICE GRP4,3001.06329,626CLEAN HARBORS INC7,9001.42442,004COMPASS MINERALS INTERNATIONAL7,8001.08336,990CRANE CO9,6006.301,967,354DANAHER CORP46,4001.03322,907FLOWSERVE CORP2,9001.04325,374FRANKLIN ELECTRIC6,9002.32723,502IDEX CORP20,5000.88273,707ITRON INC8,1000.83257,721LAYNE CHRISTENSEN14,0001.56486,165LINDSAY SHS8,0001.37426,792MUELLER WATER PRODUCTS SER A100,3004.101,278,705PENTAIR34,3001.99621,928TETRA TECH31,0000.96300,360VALMONT IND INC2,9001.48463,029WATTS WATER TECHNOLOGIES CL-A14,2004.491,401,866XYLEM68,200

3.15983,390Acções/Unidades de Participação em OICVM/OIC

3.15983,390Acções/Unidades de Participação em fundos de investimento3.15983,390França

3.15983,390AMUNDI TRESO EONIA C5


1.11345,054ROTORK10,9974.691,463,445SEVERN TRENT PLC75,4136.612,066,136UNITED UTILITIES GROUP PLC248,826

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Equity Europe Minimum Variance

56





92.2458,082,644Acções


1.03649,935CHR. HANSEN HOLDING A/S26,3972.681,688,251COLOPLAST B45,5551.651,037,259TOPDANMARK A/S6,3801.821,144,738WILLIAM DEMANT HOLDING17,650

11.877,475,861França

1.08682,368BIC7,5552.491,566,368DANONE31,3872.481,559,687DASSAULT SYSTEMES18,5170.60378,013INGENICO8,7910.019,266REMY COINTREAU1122.411,515,580SODEXO23,7852.801,764,579VIVENDI104,105

9.025,681,323Alemanha

2.221,400,869BRENNTAG AG14,0890.49310,136DRAEGERWERK AG CO KGAA4,0530.66416,146GERRESHEIMER AG10,3792.841,784,407SAP AG29,4021.891,189,830SUEDZUCKER38,3940.92579,935UNITED INTERNET AG & CO KGAA35,557

2.361,484,638Irlanda

1.37859,875PADDY POWER13,7580.99624,763RYANAIR HOLDINGS PLC133,155

3.021,902,833Itália

2.391,503,743DAVIDE CAMPARI-MILANO SPA259,2660.63399,090DIASORIN SPA13,180

2.431,527,923Jersey

2.431,527,923EXPERIAN PLC126,459


0.77482,203KONINKLIJKE AHOLD NV47,578

2.781,752,991Noruega

2.781,752,991TELENOR114,635

1.57987,094Espanha

0.51321,570EBRO FOODS SA21,4381.06665,524VISCOFAN15,546

1.46921,565Suécia

1.46921,565ELEKTA AB B77,949

14.649,218,499Suíça

1.601,008,548ARYZTA25,9791.42892,932FLUGHAFEN ZUERICH N2,5491.601,005,787GALENICA N2,2880.73457,607LINDT AND SPRUENGLI AG-NOM160.98615,758LOGITECH INTERNATIONAL NOM107,2292.381,497,062NESTLE SA30,3131.48928,996ROCHE HOLDING AG - BON DE JOUISSANCE

DIVIDENDE6,093

1.941,223,295STRAUMANN HOLDING (NAMEN)13,1812.511,588,514SWISSCOM N4,868

35.1422,127,531Reino Unido

0.33210,308AFREN130,1150.43269,119AFRICAN BAR49,5422.121,333,345BABCOCK INTERNATIONAL GROUP PLC112,0120.0319,022BP PLC3,6321.46920,062BRITISH AMERICAN TOBACCO PLC23,9111.961,234,699BRITISH SKY BROADCASTING GRP130,569

2.061,298,459BT GROUP PLC455,7250.34215,571BUNZL17,3290.50313,294BURBERRY GROUP20,7270.85536,145CHEMRING GROUP189,4021.20758,641DRAX GROUP PLC113,0091.00631,549EASYJET66,9172.151,353,912GLAXOSMITHKLINE PLC82,2590.00223HSBC HOLDINGS PLC282.361,487,257IMPERIAL TOBACCO GROUP PLC50,8350.77486,082JAZZTEL92,4991.01633,967LONDON STOCK EXCHANGE47,2621.691,062,017MEGGITT PLC225,3210.62390,746MICRO FOCUS INTL54,4562.531,586,525PEARSON108,3192.241,411,430ROYAL DUTCH SHELL B SHARES52,6352.511,576,464SHIRE67,7622.431,532,666SMITH & NEPHEW182,9502.361,483,354SMITHS GROUP101,0200.1383,426SSE PLC4,7722.061,299,248TESCO PLC313,637



1.991,250,257AMUNDI SERENITE PEA C1115.863,693,176AMUNDI TRESO EONIA C17


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Equity Global Minimum Variance

57





98.4227,529,661Acções

1.06296,897Bermudas

0.55153,209CHEUNG KONG INFRASTRUCTURE25,0000.51143,688YUE YUEN INDUSTRIAL HOLDINGS43,000

5.681,587,814Canadá

0.84234,307BARRICK GOLD CORP6,7000.43120,849METRO INC1,9000.50139,679OPEN TEXT2,5001.56435,419ROGERS COMMUNICATIONS SHS B9,6000.63176,850SAPUTO INC3,5001.72480,710TELUS NON VTG7,400


0.54151,219MGM CHINA HLDGS83,600

0.80224,182Dinamarca

0.80224,182NOVOZYMES AS-B7,969


1.13313,756CLP HOLDINGS LTD37,5000.49138,341FIRST PACIFIC126,0000.63176,117HANG SENG BANK LTD11,5000.53149,532MTR CORP38,0001.07298,936POWER ASSETS HOLDINGS LTD35,000

0.00706Irlanda

0.00706CRH PLC35

0.52146,257Israel

0.52146,257NICE SYSTEME LTD4,433

11.203,133,611Japão

0.50139,340ABC MART3,2000.45124,733BENESSE3,0000.64178,450JUPITER TELECOMMUNICATIONS1430.51141,745KEIHIN ELEC EXP RAILWAY16,0000.49137,420MAC DONALD’S HOLDINGS JPN5,2000.51142,757NITORI1,9501.78500,502NTT DOCOMO INC3491.13314,833ORIENTAL LAND2,6001.03286,891OSAKA GAS CO LTD79,0001.04292,315RAKUTEN37,5000.44122,795SANKYO CO LTD3,1000.53148,083SEGA SAMMY HOLDINGS8,8000.46128,642SEVEN BANK LTD49,0001.69475,105TOKYO GAS CO LTD104,000


1.97550,200ABBOTT LABORATORIES8,4001.74487,812ALEXION PHARMACEUTICALS INC5,2001.77495,342ALLERGAN INC5,4000.43120,848AMGEN INC1,4002.06576,222ANALOG DEVICES INC13,7001.14319,818APPLE INC6001.86519,134AT&T INC15,4002.11590,400CELGENE CORP7,5002.02564,900CHUBB CORP7,5001.94543,750COCA-COLA CO15,0002.09585,424COLGATE PALMOLIVE CO5,6000.53147,958EBAY INC2,9001.92536,610EXXON MOBIL CORP6,2002.14598,068GENERAL MILLS INC14,8002.03567,496GOOGLE INC-A8001.85517,185INTL BUSINESS MACHINES CORP2,7000.40112,112JM SMUCKER1,3002.10588,840JOHNSON & JOHNSON8,4002.08582,567KIMBERLY-CLARK CORP6,9002.29638,664MASTERCARD1,3001.96546,902MC DONALD’S CORP6,2001.92536,314MERCK AND CO INC13,1002.15600,667M&T BANK CORPORATION6,1000.97270,478PERRIGO2,6002.16604,428PFIZER INC24,1001.88526,932PHILIP MORRIS INTERNATIONAL INC6,300

0.62174,133Alemanha

0.62174,133SUEDZUCKER4,262

1.93538,590REYNOLDS AMERICAN INC13,0002.12592,204THE HERSHEY CO8,2001.95545,602UNITED PARCEL SERVICE-B7,4001.86520,622US BANCORP16,3001.08302,796VERISIGN7,800

1.98553,856VERIZON COMMUNICATIONS INC12,8000.65180,600WATSON PHARMACEUTICALS INC2,100


0.91255,909BT GROUP PLC68,1260.47130,878BUNZL7,9801.95546,820CENTRICA PLC100,8431.37382,725COMPASS GROUP PLC32,4770.97269,988GLAXOSMITHKLINE PLC12,4420.00951MEGGITT PLC1530.47130,860SERCO GROUP15,0481.63455,083SHIRE14,8370.71197,627SMITH & NEPHEW17,8932.01565,548SSE PLC24,5370.44122,069WHITBREAD3,069

1.28358,037Noruega

1.28358,037TELENOR17,759

4.121,152,534Suíça

0.52144,207BARRY CALLEBAUT N150


0.74205,790AVAGO TECHNOLOGIE LTD6,500

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Equity Global Minimum Variance

58



1.29361,531Acções/Unidades de Participação em OICVM/OIC

1.29361,531Acções/Unidades de Participação em fundos de investimento1.29361,531França

1.29361,531AMUNDI TRESO DOLLAR16


2.12592,842NESTLE SA9,1050.43121,413ROCHE HOLDING AG - BON DE JOUISSANCE

DIVIDENDE604

0.54150,827LINDT AND SPRUENGLI AG-NOM40.51143,245LINDT AND SPRUENGLI PS44

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Convertible Europe

59


Carteira de Títulos em 31/12/12Obrigações



2.112,644,473Obrigações0.55693,245Alemanha

0.55693,245SALZGITTER AG 1.125% 06/10/2016 CV700,000


0.42530,287TUI TRAVEL PLC 6% 05/10/2014 CV400,000

94.07118,009,146Obrigações convertíveis

0.17214,854Áustria

0.17214,854STEINHOFF FINANCE HOLDING GMBH 6.375%26/05/2017 CV

200,000

4.055,076,275Bélgica

1.291,621,424BRUXELLES LAMBERT 0.125% 21/09/2015 CV1,600,0000.42530,700FORTIS BANK NV FRN PERPETUAL CV1,000,0002.342,924,151UCB 4.50% 22/10/2015 CV2,300,000

2.112,644,569Bermudas

2.112,644,569SEADRILL LTD 3.375% 27/10/2017 CV2,600,000

0.74923,847Chipre

0.74923,847HOLDGROVE LIMITED 1% 24/09/2017 CV1,200,000


1.301,630,332NOKIA OYJ 5% 26/10/2017 CV1,200,0000.49613,050SOLIDIUM OY 0.50% 29/09/2015 CV600,000

29.0536,450,366França

0.25311,559ALTRAN TECHNOLOGIES 6.72% 01/01/2015 CV53,0000.0785,881ATOS 2.50% PERPETUAL CV1,5003.864,845,501AXA SA 3.75% 01/01/2017 CV18,4460.25314,922BNP PARIBAS 0.25% 21/09/2015 CV300,0001.862,337,323CAP GEMINI 3.50% 01/01/2014 CV61,5002.012,525,093CIE GENERALE DE GEOPHYSIQUE SA 1.25%

01/01/2019 CV74,500

1.331,667,824CIE GENERALE DE GEOPHYSIQUE SA 1.75%01/01/2016 CV

53,200

0.52652,791ETABLISSEMENT MAUREL ET PROM 7.125%31/07/2014 CV

36,000

3.564,466,937EURAZEO 6.25% 10/06/2014 CV82,6700.33409,290FAURECIA 3.25% 01/01/2018 CV21,6001.141,431,087FAURECIA 4.50% 01/01/2015 CV73,8542.312,893,123FONCIERE DES REGIONS 3.34% 01/01/2017 CV31,7261.041,309,880MICHELIN (CIE GENERALE ETS) 0% 01/01/2017 CV10,0003.894,882,575MISARTE 3.25% 01/01/2016 CV29,5000.51640,365NEXANS 2.50% 01/01/2019 CV9,3400.78978,065PEUGEOT SA 4.45% 01/01/2016 CV40,0002.573,220,976TECHNIP 0.25% 01/01/2017 CV29,0002.773,477,174TECHNIP 0.50% 01/01/2016 CV34,025

6.878,617,965Alemanha

0.73914,416ADIDAS AG 0.25% 14/06/2019 CV800,0002.423,034,125DEUTSCHE POST AG 0.60% 06/12/2019 CV2,900,0001.191,489,726GSW IMMOBILIEN AG 2% 20/11/2019 CV1,400,0002.352,952,168KFW INTERNATIONAL FINANCE INC 1.50%

30/07/2014 CV2,400,000

0.18227,530SGL CARBON AG 3.50% 30/06/2016 CV200,000

1.842,314,360Guernsey

1.842,314,360NERO FIN 4.50% 15/04/2013 CV2,000,000

2.302,884,336Itália

2.302,884,336ENI SPA 0.25% 30/11/2015 CV2,800,000

0.851,064,022Jersey

0.44555,118DERWENT LDN PLC 2.75% 15/07/2016 CV400,0000.41508,904LIBERTY INTERNATIONA 2.50% 04/10/2018 CV400,000


2.583,239,323ACERGY SA 2.25% 11/10/2013 CV3,700,0001.481,856,846ARCELORMITTAL SA 5% 15/05/2014 CV2,350,0000.52652,365BNP PARIBAS FORTIS FUNDING FRN PERPETUAL

CV1,500,000

1.862,331,690GLENCORE FINANCE (EUROPE) SA 5% 31/12/2014CV

2,500,000

0.58724,885QIAGEN EURO FINANCE(LUXEMBOURG) 3.25%16/05/2026 CV

800,000

0.75939,075SUBSEA 7 SA 1% 05/10/2017 CV1,200,000

0.63786,646Malta

0.63786,646LUFTHANSA MALTA BLUES LP 0.75% 05/04/2017 CV700,000


0.48603,174CELESIO FINANCE BV 2.50% 07/04/2018 CV600,0001.231,547,385CELESIO FINANCE BV 3.75% 29/10/2014 CV1,500,0004.806,026,350LUKOIL INTL FINANCE BV 2.625% 16/06/2015 CV7,000,0002.653,320,330PORTUGAL TELECOM INTL FINANCE BV 4.125%

28/08/2014 CV3,250,000

1.561,961,544SIEMENS FINANCIERINGSMAATSCHAP 1.05%16/08/2017 CV

2,500,000

6.498,124,665SIEMENS FINANCIERINGSMAATSCHAP 1.65%16/08/2019 CV

10,250,000

0.57720,209WERELDHAVE NV 4.375% 16/09/2014 CV700,000

3.123,910,875Portugal

3.123,910,875PARPUBLICA - PARTICIPACOES PUB 5.25%28/09/2017 CV

3,750,000

0.48604,380Espanha

0.48604,380ABENGOA SA 6.875% 24/07/2014 CV600,000


1.141,420,941SIEM INDUSTRIES INC 1% 12/09/2019 CV1,800,000


4.485,622,650AABAR INVESTMENTS P.J.S.C 4% 27/05/2016 CV5,500,000

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Convertible Europe

60



0.0787,070Suíça

0.0787,070CLARIANT AG MUTTENZ 3% 07/07/2014 CV70,000


1.101,385,775BRITISH AIRWAYS PLC 5.80% 13/08/2014 CV950,0000.50630,422BRITISH LAND CO LTD 1.50% 10/09/2017 CV500,0000.0898,824INMARSAT PLC 1.75% 16/11/2017 CV100,0000.56708,363ITV PLC 4% 09/11/2016 CV350,0000.69865,558J SAINSBURY PLC 4.25% 16/07/2014 CV600,0004.976,224,419SHIRE PLC 2.75% 09/05/2014 CV7,350,000





0.21260,854Opções

0.0558,420França

0.0558,420CAP GEMINI SA - 34.00 - 20.09.13 CALL230

0.16202,434Alemanha

0.0566,286ADIDAS NOM - 68.00 - 15.03.13 CALL2530.0678,683ADIDAS NOM - 72.00 - 20.09.13 CALL2530.0445,540DEUTSCHE POST AG-NOM - 16.00 - 20.12.13 CALL3300.0111,925EURO STOXX 50 EUR - 2,650 - 18.01.13 CALL45

-0.02-28,589Posições curtas

-0.02-28,589Instrumentos derivados

-0.02-28,589Opções-0.02-28,589Alemanha

-0.02-28,589ADIDAS NOM - 72.00 - 15.03.13 CALL-253


2.072,602,347Suécia

1.091,369,797INDUSTRIVARDEN AB 1.875% 27/02/2017 CV1,300,0000.981,232,550INDUSTRIVARDEN AB 2.50% 27/02/2015 CV1,000,000

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Convertible Global

61





2.70524,030Acções2.70524,030Estados Unidos da América

0.52100,265JK LAKSHMI CEMENT GDR45,0002.18423,765STANLEY BLACK 4.75% PREFERED 17/11/20154,628

8.411,630,442Obrigações1.46282,855Bermudas

1.46282,855NOBLE GROUP LIMITED 0% 13/06/2014 CV259,000

1.66321,456Ilhas Virgens Britânicas

1.66321,456BILLION EXPRESS INVESTMENTS 0.75% 18/10/2015CV

400,000


1.63315,765SIEM INDUSTRIES INC 1% 12/09/2019 CV400,000

1.13219,596Taiwan

1.13219,596EPISTAR CORP 0% 27/01/2016 CV300,000


2.09404,679Austrália

1.10213,372CFS RETAIL PROPERTY TRUST GROUP 5.075%21/08/2014 CV

270,000

0.99191,307CFS RETAIL PROPERTY TRUST GROUP 5.75%04/07/2016 CV

231,000

2.36456,952Bélgica

1.05202,678BRUXELLES LAMBERT 0.125% 21/09/2015 CV200,0001.31254,274UCB 4.50% 22/10/2015 CV200,000

1.30251,696Canadá

1.30251,696GOLDCORP INC 2% 01/08/2014 CV300,000


1.16224,265TPK HOLDING CO LTD 0% 20/04/2014 CV300,000

0.79153,381Chipre

0.79153,381HOLDGROVE LIMITED 1% 24/09/2017 CV200,000

15.162,940,146França

2.89562,148AXA SA 3.75% 01/01/2017 CV2,1400.54104,974BNP PARIBAS 0.25% 21/09/2015 CV100,0001.57304,042CAP GEMINI 3.50% 01/01/2014 CV8,0001.85359,275CIE GENERALE DE GEOPHYSIQUE SA 1.25%

01/01/2019 CV10,600

0.57110,612ETABLISSEMENT MAUREL ET PROM 7.125%31/07/2014 CV

6,100

2.20426,863EURAZEO 6.25% 10/06/2014 CV7,9000.4790,953FAURECIA 3.25% 01/01/2018 CV4,8001.08209,274FAURECIA 4.50% 01/01/2015 CV10,8000.88170,099GECINA 2.125% 01/01/2016 CV1,3950.61118,147INGENICO 2.75% 01/01/2017 CV2,3000.60115,858MISARTE 3.25% 01/01/2016 CV7001.90367,901TECHNIP 0.50% 01/01/2016 CV3,600

5.251,018,721Alemanha

1.62313,875DEUTSCHE POST AG 0.60% 06/12/2019 CV300,0001.10212,818GSW IMMOBILIEN AG 2% 20/11/2019 CV200,0002.53492,028KFW INTERNATIONAL FINANCE INC 1.50%

30/07/2014 CV400,000


1.22236,050ANGLOGOLD ASHANTI HOLDING FINANCE PLC3.50% 22/05/2014 CV

300,000

1.59309,036Itália

1.59309,036ENI SPA 0.25% 30/11/2015 CV300,000

5.631,092,772Japão

1.52296,078AEON CO LTD 0.30% 22/11/2013 CV30,000,0000.56108,642AEON CREDIT SERVICE CO 0% 23/03/2016 CV10,000,0000.92178,576FUKUYAMA TRANSPORTING CO LTD 0% 22/03/2017

CV20,000,000

1.02198,327KDDI CORP 0% 14/12/2015 CV20,000,0000.95184,039OSG CORP 0% 04/04/2022 CV20,000,0000.66127,110SOFTBANK CORPORATION 1.50% 31/03/2013 CV10,000,000

1.63317,029Jersey

0.66127,226LIBERTY INTERNATIONA 2.50% 04/10/2018 CV100,0000.97189,803WPP PLC 5.75% 19/05/2014 CV100,000

2.53490,770Estados Unidos da América

2.53490,770NUANCE COMMUNICATIONS INC 2.75% 01/11/2031CV

594,000

0.79152,787Coreia do Sul

0.79152,787SK TELECOM CO LTD 1.75% 07/04/2014 CV180,000


0.4179,029ALCOA INC 5.25% 15/03/2014 CV73,0001.17227,686ALLEGHENY TECHNOLOGI 4.25% 01/06/2014 CV275,000

1.12217,052DANAHER CORP 0% 22/01/2021 CV176,0001.65320,473ELECTRONIC ARTS INC 0.75% 15/07/2016 CV456,0004.32839,987GILEAD SCIENCES INC 1% 01/05/2014 CV675,0002.90561,685INTEL CORP 2.95% 15/12/2035 CV715,0001.33257,023NATIONAL RETAIL PROPERTIES INC 5.125%

15/06/2028 CV277,000

1.95377,631NEWMONT MINING CORP 1.625% 15/07/2017 CV380,0001.64317,741PIONEER NATURAL RESOURCES CO 2.875%

15/01/2038 CV257,000

2.02391,418PRICELINE COM INC 1% 15/03/2018 CV481,0000.89172,649PROLOGIS 3.25% 15/03/2015 CV200,0001.12216,420STANDARD PACIFIC CORP 1.25% 01/08/2032 CV243,0002.10407,677TIBCO SOFTWARE INC 2.25% 01/05/2032 CV564,0001.30252,469TOLL BROHTERS INC 0.50% 15/09/2032 CV330,0000.89172,126WELLPOINT INC 2.75% 15/10/2042 CV210,0001.94377,068XILINX INC 2.625% 15/06/2017 CV365,000

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Convertible Global

62




0.89172,054RUBY ASSETS PTE LTD 1.60% 01/02/2017 CV250,000

1.76340,807Taiwan

1.76340,807PEGATRON CORPORATION 0% 06/02/2017 CV400,000


0.65126,084BRITISH LAND CO LTD 1.50% 10/09/2017 CV100,0000.52101,195ITV PLC 4% 09/11/2016 CV50,0000.74144,260J SAINSBURY PLC 4.25% 16/07/2014 CV100,0001.82351,446SHIRE PLC 2.75% 09/05/2014 CV415,000


0.1733,476Opções

0.058,890França

0.058,890CAP GEMINI SA - 34.00 - 20.09.13 CALL35

0.1020,566Alemanha

0.024,454ADIDAS NOM - 68.00 - 15.03.13 CALL170.035,287ADIDAS NOM - 72.00 - 20.09.13 CALL170.048,970DEUTSCHE POST AG-NOM - 16.00 - 20.12.13 CALL650.011,855EURO STOXX 50 EUR - 2,650 - 18.01.13 CALL7


0.011,745MICROSOFT CORP - 20.00 - 20.04.13 PUT2000.012,275MICROSOFT CORP - 31.00 - 20.04.13 CALL200



-0.07-13,678Opções-0.01-1,921Alemanha

-0.01-1,921ADIDAS NOM - 72.00 - 15.03.13 CALL-17

-0.06-11,757Estados Unidos da América

-0.06-11,529MICROSOFT CORP - 25.00 - 20.04.13 PUT-2000.00-228MICROSOFT CORP - 35.00 - 20.04.13 CALL-200



1.12217,455BNP PARIBAS FORTIS FUNDING FRN PERPETUALCV

500,000

1.44279,803GLENCORE FINANCE (EUROPE) SA 5% 31/12/2014CV

300,000

0.81156,512SUBSEA 7 SA 1% 05/10/2017 CV200,000

0.58112,378Malta

0.58112,378LUFTHANSA MALTA BLUES LP 0.75% 05/04/2017 CV100,000

1.55300,607Maurício

1.55300,607GOLDEN AGRI-RESOURCES LTD 2.50% 04/10/2017CV

400,000


2.22430,454LUKOIL INTL FINANCE BV 2.625% 16/06/2015 CV500,0002.04396,325SIEMENS FINANCIERINGSMAATSCHAP 1.65%

16/08/2019 CV500,000

1.88365,015Portugal

1.88365,015PARPUBLICA - PARTICIPACOES PUB 5.25%28/09/2017 CV

350,000

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Bond Global Corporate

63





97.65247,935,950Obrigações


0.701,787,813BHP BILLITON FINANCE LIMITED 3.25% 25/09/20241,100,0000.29728,702OPTUS FINANCE PTY LTD 4.625% 15/10/2019650,000

0.591,505,639Áustria

0.591,505,639TELEKOM FINANZMANAGEMENT GMBH 6.375%29/01/2016

1,000,000

1.824,633,038Bélgica

0.491,235,601AHNEUSER-BUSH INBEV 2.875% 25/09/2024900,0000.491,259,573FORTIS BANK NV VAR PERPETUAL1,000,0000.581,487,286FORTIS BANK NV 5.757% 04/10/20171,000,0000.26650,578FORTIS BANK SA NV FRN 14/02/2018500,000

0.35900,882Bermudas

0.35900,882QTEL INTERNATIONAL FINANCE LTD 3.25%21/02/2023

900,000

1.323,359,120Brasil

0.521,310,530BANCO DO BRASIL SA GRAND CAYMAN BRANCH3.875% 10/10/2022

1,300,000

0.20518,920BANCO SANTANDER BRASIL SA 4.50% 06/04/2015500,0000.601,529,670SAMARCO MINERACAO SA 4.125% 01/11/20221,500,000

0.28708,617Canadá

0.28708,617XSTRATA FINANCE CANADA LTD 2.45% 25/10/2017700,000

0.24618,924Chile

0.24618,924BANCO SANTANDER CHILE 3.875% 20/09/2022600,000


0.491,247,642DONG ENERGY AS VAR PERPETUAL850,000

1.112,825,603Alemanha

0.761,940,295ALLIANZ SE VAR 17/10/20421,300,0000.35885,308ENBW ENERGIE BADEN-WUERTTEMBER VAR

PERPETUAL600,000

3.278,297,128Espanha

1.102,788,442ABERTIS INFRAESTRUCTURAS 4.75% 25/10/20192,000,0000.531,356,001IBERDROLA FINANZAS SAU 3.875% 10/02/20141,000,0000.962,431,309SANTANDER INTERNATIONAL DEBT SA 4.375%

04/09/20141,800,000

0.591,498,612TELEFONICA EMISIONES SAU 5.811% 05/09/20171,000,0000.09222,764TELEFONICA EMISIONES SAU 5.855% 04/02/2013222,000


0.491,234,212TAQA ABU DHABI NATIONAL ENERGY COMPAGNY3.625% 12/01/2023

1,200,000

1.042,650,037XSTRATA FINANCE DUBAI LTD 2.375% 19/11/20182,000,000


0.521,312,300ALLSTATE CORP 7.45% 16/05/20191,000,0000.591,485,945ALTRIA GROUP INC 2.85% 09/08/20221,500,0000.581,465,950ALTRIA GROUP INC 4.25% 09/08/20421,500,0000.20510,650AMERICAN EXPRESS CREDIT CORP 1.75%

12/06/2015500,000

0.24607,785AMERICAN EXPRESS CREDIT CORP 5.375%01/10/2014

350,000

0.20508,305AMERICAN TELEPHONE & TELEGRAPH CORP1.70% 01/06/2017

500,000

1.122,825,175AMGEN INC 5.15% 15/11/20412,500,0000.18460,696AON CORP 5% 30/09/2020400,0000.21531,105APACHE CORP 3.25% 15/04/2022500,0000.24607,986AT& T INC 1.60% 15/02/2017600,0000.551,408,499BANK OF AMERICA CORP 5.125% 26/09/20141,000,0000.922,325,520BANK OF AMERICA CORP 5.75% 01/12/20172,000,0000.912,313,800BANK OF AMERICA CORP 6.50% 01/08/20162,000,0000.832,104,580CENTURYLINK INC 7.65% 15/03/20422,000,0000.852,154,680CITIGROUP INC 3.953% 15/06/20162,000,0000.882,237,880CITIGROUP INC 4.50% 14/01/20222,000,0000.411,038,620COMCAST CORP 3.125% 15/07/20221,000,0000.21529,725COMCAST CORP 4.65% 15/07/2042500,0000.13320,695COMCAST CORP 6.45% 15/03/2037250,0000.20517,528CONSOLIDATED EDISON 5.70% 15/06/2040400,0000.12308,568DISCOVERY COMMUNICATIONS LLC 3.30%

15/05/2022300,000

1.383,488,030EXELON GENERATION 6.25% 01/10/20393,007,0000.411,053,520FORD MOTOR CREDIT CO 4.25% 20/09/20221,000,0001.052,648,360GENERAL ELECTRIC CO 2.70% 09/10/20222,600,0000.23590,265GENERAL ELECTRIC CO 5.625% 15/09/2017500,0000.411,042,220GOLDMAN SACHS GROUP INC 3.30% 03/05/20151,000,0000.561,432,679GOLDMAN SACHS GROUP INC 4.50% 09/05/20161,000,0000.461,156,121GOLDMAN SACHS GROUP 4.375% 16/03/2017800,0000.27684,929GOLDMAN SACHS GROUP 4.75% 28/01/2014500,0000.872,219,602HYUNDAI CAPITAL AMERICA INC 2.125% 02/10/20172,200,0000.21532,465JP MORGAN CHASE AND C 3.45% 01/03/2016500,0000.411,053,600JP MORGAN CHASE AND C 4.65% 01/06/20141,000,0000.521,323,871JP MORGAN CHASE AND CO 1.875% 21/11/20191,000,0000.882,246,992JP MORGAN CHASE AND CO 2% 15/08/20172,200,0000.611,549,755KINDER MORGAN ENERGY 3.45% 15/02/20231,500,0000.802,035,220KRAFT FOODS INC 1.625% 04/06/20152,000,0000.481,215,240MERRILL LYNCH AND CO 6.875% 25/04/20181,000,0000.812,044,512METLIFE INC VAR 15/12/20222,000,0000.741,880,449MICROSOFT CORP 2.125% 15/11/20221,900,0000.942,391,894MORGAN STANLEY AND CO INC 3.75% 21/09/20171,700,0000.20517,495MORGAN STANLEY 4.75% 01/04/2014500,0000.441,107,860MORGAN STANLEY 5.45% 09/01/20171,000,0000.711,806,592MORGAN STANLEY 5.625% 23/09/20191,600,0000.471,187,980NBC UNIVERSAL 5.15% 30/04/20201,000,0000.431,101,188NBCUNIVERSAL MEDIA LLC 2.875% 15/01/20231,100,0000.701,781,340PEPSICO INC 2.50% 01/11/20221,100,0000.16415,628PHILIP MORRIS INTERNATIONAL INC 2.90%

15/11/2021400,000

0.411,034,100PRUDENTIAL FINANCIAL INC VAR 15/06/20431,000,000

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64




0.892,264,115ABN AMRO BANK NV 6.375% 27/04/20211,500,0001.223,108,894ABN AMRO BANK NV 7.125% 06/07/20222,000,0000.531,333,693EDP FINANCE BV 3.75% 22/06/20151,000,0000.561,413,852EDP FINANCE BV 5.75% 21/09/20171,000,0000.551,385,783ENEL FINANCE INTERNATIONAL NV 4.875%

17/04/20231,000,000

0.561,429,449IBERDROLA INTERNATIONAL BV 4.25% 11/10/20181,000,0001.052,659,975ING BANK NV 3.75% 07/03/20172,500,0000.591,505,797KONINKLIJKE KPN NV 6.50% 15/01/20161,000,0001.172,966,542RABOBANK NEDERLAND 3.75% 09/11/20202,100,0000.39999,627TENNET HLD BV 6.655% PERPETUAL700,000

0.24616,482Peru

0.24616,482BANCO DE CREDITO DEL PERU 4.75% 16/03/2016580,000

1.443,662,306Portugal

1.443,662,306BANCO ESPIRITO SANTO 5.875% 09/11/20152,700,000


0.621,579,635DBS BANK LTD 3.625% 21/09/20221,500,000

1.744,425,094Suécia

0.33828,251PGNIG FINANCE AB 4% 14/02/2017600,0001.413,596,843SKANDINAVISKA ENSKILDA BANKEN 1.875%

14/11/20192,700,000


0.511,298,213SIAM COMMERCIAL BANK PUBLIC CO 3.375%19/09/2017

1,250,000

10.6226,959,473Reino Unido

0.541,365,849ABBEY NATIONAL TREASURY SERVICES 4.125%03/03/2014

1,000,000

1.182,992,241BARCLAYS BANK PLC LONDON 6% 14/01/20212,000,000


0.751,902,850HUTCHISON WHAMPOA INTERNATIONAL LTD 2%08/11/2017

1,900,000

0.27677,697IPIC GMTN LTD 2.375% 30/05/2018500,0000.22549,161IPIC GMTN LTD 3.625% 30/05/2023400,0000.621,583,940PETROBRAS INTERNATL FINANCE 3.875%

27/01/20161,500,000

0.792,011,900SCHNEIDER ELECTRIC S 2.95% 27/09/20222,000,0000.711,799,316SOCIETE GENERALE VAR PERPETUAL1,800,0001.002,536,525SOCIETE GENERALE 2.75% 12/10/20172,500,0000.531,347,444SUEZ VAR PERPETUAL1,000,0000.551,407,906VIVENDI 3.875% 30/11/20151,000,0000.952,422,577WENDEL INVESTISSEMEN 5.875% 17/09/20191,700,000

3.468,784,671Irlanda

0.27692,898BORD GAIS EIREANN 3.625% 04/12/2017500,0000.32800,223CLOVERLIE PLC VAR 01/09/2042500,0000.22560,009ESB FINANCE 4.375% 21/11/2019400,0001.062,703,563FGA CAPITAL IRELAND PLC 4.375% 18/09/20142,000,0000.912,313,733GE CAPITAL EUROPEAN FUNDING 4.35%

03/11/20211,500,000

0.681,714,245RZD CAPITAL LIMITED 5.70% 05/04/20221,500,000

10.5626,816,526Itália

0.551,403,793ASSICURAZIONI GENERALI VAR 12/12/20421,000,0000.19486,321INTESA SANPAOLO SPA VAR 28/05/2018400,0001.233,120,212INTESA SANPAOLO SPA 4% 09/11/20172,285,0000.751,902,757INTESA SANPAOLO SPA 4.375% 15/10/20191,400,0001.102,790,605INTESA SANPAOLO SPA 4.875% 10/07/20152,000,0001.112,830,605SNAM SPA 3.875% 19/03/20182,000,0000.631,606,982TELECOM ITALIA SPA 4% 21/01/20201,200,0000.802,031,517TELECOM ITALIA SPA 5.375% 29/01/20191,400,0000.551,389,870UNICREDIT SPA 4.375% 11/09/20151,000,0001.794,534,625UNICREDIT SPA 6.95% 31/10/20223,300,0001.864,719,239UNIONE DI BANCHE ITALIANE 3.75% 30/10/20153,500,000

0.21524,415Japão

0.21524,415NOMURA HOLDINGS INC 4.125% 19/01/2016500,000

0.721,828,335Jersey

0.721,828,335BAA FUNDING LIMITED 6% 20/03/20201,000,000


0.872,200,831GAZ CAPITAL SA 5.136% 22/03/20171,500,0000.421,076,420RSHB CAPITAL SA 5.298% 27/12/20171,000,0000.451,144,620SBERBANK SB CAP SA 6.125% 07/02/20221,000,0000.511,297,699SCHLUMBERGER INVESTMENT SA 1.25%

01/08/20171,300,000

1.283,248,940VTB CAPITAL SA 6% 12/04/20173,000,000

0.661,668,345México

0.21539,045PETROLEOS MEXICANOS SA 4.875% 15/03/2015500,0000.451,129,300PETROLEOS MEXICANOS SA 4.875% 24/01/20221,000,000

11.0828,115,973França

0.601,523,670BNP PARIBAS 2.375% 14/09/20171,500,0001.764,439,693BPCE SA 2% 24/04/20183,300,0000.571,435,105CASINO GUICHARD PERRACHON 5.50% 30/01/20151,000,0000.20512,531CREDIT LOGEMENT SA VAR PERPETUAL700,0000.721,829,280CSE NAT.CSES EPAR.PREVOYANCE VAR

PERPETUAL1,500,000

0.501,275,464IXIS CORPORATE & INVESTMENT BK VAR24/07/2018

1,000,000

0.21531,190LA MONDIALE VAR PERPETUAL500,0000.751,898,638NATIXIS VAR 14/05/20191,500,0000.37931,444NEXANS 4.25% 19/03/2018700,0000.872,213,290PERNOD RICARD 7% 15/01/20151,500,000

0.19491,245TIME WARNER CABLE INC 4.50% 15/09/2042500,0001.283,223,950TIME WARNER INC 4.90% 15/06/20423,000,0000.701,781,790UBS AG STAMFORD 5.75% 25/04/20181,500,0001.193,007,800VERIZON COMMUNICATIONS INC 2.45% 01/11/20223,000,0000.18453,438VIACOM INC 1.25% 27/02/2015450,000

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-0.02-51,549Opções-0.02-51,549Alemanha

-0.02-51,549EURO BUND FUTURE - 144.00 - 25.01.13 PUT170


0.24606,126BAT INTERNATIONAL FINANCE PLC 1.40%05/06/2015

600,000

1.192,997,857BRITISH TELECOMMUNICATIONS PLC 6.50%07/07/2015

2,000,000

0.862,194,640HSBC HOLDINGS PLC 4% 30/03/20222,000,0000.37950,529IMPERIAL TOBACCO FINANCE PLC 5.50%

28/09/2026500,000

1.794,530,681LLOYDS TSB BANK PLC 6.50% 24/03/20203,000,0001.102,784,672MORGAN STANLEY AND CO. INTERNATIONAL PLC

4.50% 29/10/20142,000,000

0.611,548,698NATIONWIDE BUILDING SOCIETY 6.75% 22/07/20201,000,0000.521,330,953ROYAL BANK OF SCOTLAND PLC 2.55% 18/09/20151,300,0000.28720,150ROYAL BANK OF SCOTLAND PLC 4.875%

15/07/2015500,000

0.892,269,806SCOTTISH AND SOUTHERN ENERGY PLC VARPERPETUAL

2,200,000

0.691,763,707VIRGIN MEDIA SECURED FINANCE PLC 7%15/01/2018

1,000,000

0.36903,564WPP FINANCE 2010 3.625% 07/09/2022900,000

1.714,333,118Turquia

0.892,262,678AKBANK TAS 3.875% 24/10/20172,200,0000.822,070,440TURKIYE GARANTI BANKASI AS 4% 13/09/20172,000,000

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28.5869,210,738Espanha

1.714,136,695BANCO SANTANDER SA 4.25% 06/05/20134,100,0000.10250,242BBVA BILBAO VISCAYA ARGENTINA 3.25%

23/04/2015250,000

0.711,719,329CAIXABANK S.A 4% 16/02/20171,700,0000.10253,957CAJA DE AHORROS DE BARCELONA 3.75%

26/05/2014250,000

0.13315,276CORPORACION MAPFRE SA 5.125% 16/11/2015300,0000.05110,352GAS NATURAL CAPITAL MARKETS SA 5%

13/02/2018100,000

0.13316,752GAS NATURAL SDG SA 5.25% 09/07/2014300,000

0.13308,556IBERDROLA FINANZAS SAU 3.875% 10/02/2014300,0000.22540,105IBERDROLA FINANZAS SAU 4.75% 25/01/2016500,0001.263,057,150INSTITUTO DE CREDITO OFICIAL 4.375% 31/03/20143,000,0000.04100,914SANTANDER INTERNATIONAL DEBT SA 3.381%

01/12/2015100,000

0.09206,204SANTANDER INTERNATIONAL DEBT SA 4%27/03/2017

200,000

0.421,024,520SANTANDER INTERNATIONAL DEBT SA 4.375%04/09/2014

1,000,000

0.22522,860SANTANDER INTERNATIONAL DEBT SA 4.625%21/03/2016

500,000

4.6011,134,200SPAIN 3.75% 31/10/201511,000,000

Bond Euro Aggregate

66





102.74248,805,889Obrigações


0.09208,558BHP BILLITON FINANCE LIMITED 2.125% 29/11/2018200,0000.17412,320BHP BILLITON FINANCE LIMITED 2.25% 25/09/2020400,0000.37881,336COMMONWEALTH BANK OF AUSTRALIA 3%

03/05/2022800,000

0.21520,200ORIGIN ENERGY FINANCE LTD 2.875% 11/10/2019500,0000.09222,044TELSTRA CORPORATION 3.50% 21/09/2022200,000

0.21518,305Áustria

0.21518,305OMV AG 2.625% 27/09/2022500,000

10.5825,620,419Bélgica

4.8611,765,500BELGIUM 4% 28/03/202210,000,0000.511,227,730BELGIUM 4.25% 28/03/20411,000,0005.1712,523,875BELGIUM 4.25% 28/09/202210,500,0000.04103,314EANDIS 2.75% 30/11/2022100,000


0.18436,656CARLSBERG AS 3.375% 13/10/2017400,0000.19468,617CARLSBERG BREWERIES A/S 2.625% 03/07/2019450,0000.23569,602DANSKE BANK AS 2.50% 09/07/2015550,0000.21501,750DONG ENERGY AS 2.625% 19/09/2022500,0000.05109,965TDC AS 3.75% 02/03/2022100,000

10.3625,080,222França

0.09224,524AUTOROUTE PARIS-RHIN 5% 12/01/2017200,0000.06157,367AXA SA VAR 16/04/2040150,0000.16388,080BANQUE FEDERATIVE DU CREDIT MUTUEL 4.375%

31/05/2016350,000

0.35843,384BANQUE PSA FINANCE 6% 16/07/2014800,0000.39938,097BNP PARIBAS 2.50% 23/08/2019900,0000.22522,815BNP PARIBAS 2.875% 24/10/2022500,0000.18428,088BNP PARIBAS 2.875% 27/11/2017400,0000.421,029,069BNP PARIBAS 5.431% PERPETUAL900,000

4.5110,918,517Alemanha

0.04103,731BILFINGER SE 2.375% 07/12/2019100,0000.09219,516COMMERZBANK AG 3.625% 10/07/2017200,0000.09227,882EWE AG 4.125% 04/11/2020200,0003.739,019,825GERMANY BUNDI 1.75% 15/04/20207,000,0000.15352,317LINDE AG 1.75% 17/09/2020350,0000.04104,175MAN SE 2.125% 13/03/2017100,0000.07159,876METRO AG 3.375% 01/03/2019150,0000.17404,572SAP AG 2.125% 13/11/2019400,0000.09218,684VOLKSWAGEN LEASING GMBH 3.25% 10/05/2018200,0000.04107,939VOLKSWAGEN LEASING GMBH 3.375% 03/06/2016100,000

4.129,968,800SPAIN 3.80% 31/01/201710,000,0004.6411,232,650SPAIN 4% 30/07/201511,000,0005.3212,873,640SPAIN 4.10% 30/07/201813,000,0004.1410,036,800SPAIN 4.60% 30/07/201910,000,0000.09218,934TELEFONICA EMISIONES SAU 4.797% 21/02/2018200,0000.09227,338TELEFONICA EMISIONES SAU 5.811% 05/09/2017200,0000.13326,130TELEFONICA SA 4.71% 20/01/2020300,0000.14329,334TELEFONICA SA 5.496% 01/04/2016300,000

0.25599,022Emirados Árabes Unidos

0.25599,022XSTRATA FINANCE DUBAI LTD VAR 19/05/2016600,000


0.13307,683AMGEN INC 2.125% 13/09/2019300,0000.12295,980BANK OF AMERICA CORP 7% 15/06/2016250,0000.08202,270CARGILL INC 1.875% 04/09/2019200,0000.07163,002GOLDMAN SACHS GROUP INC 4.50% 09/05/2016150,0000.0496,386JP MORGAN CHASE AND C VAR 31/03/2018100,0000.20502,075JP MORGAN CHASE AND CO 1.875% 21/11/2019500,0000.421,035,820JP MORGAN CHASE AND CO 2.75% 24/08/20221,000,0000.09211,792MERRILL LYNCH AND CO 4.625% 14/09/2018200,0000.07160,080MORGAN STANLEY AND CO INC 3.75% 21/09/2017150,0000.07161,418MORGAN STANLEY 4.50% 23/02/2016150,0000.09207,232PHILIP MORRIS INTERNATIONAL INC 2.125%

30/05/2019200,000

0.08200,972PROCTER AND GAMBLE CO 2% 16/08/2022200,0000.11258,432WAL MART STORES INC 4.875% 21/09/2029200,0000.13310,773WELLS FARGO AND CO 2.625% 16/08/2022300,000

0.461,120,590BOUYGUES 4% 12/02/20181,000,0000.17408,180BPCE SA 2% 24/04/2018400,0000.30734,881BPCE SA 2.875% 22/09/2015700,0000.14331,485BPCE SA 3.75% 21/07/2017300,0000.13320,631BQE FEDERATIVE DU CREDT MUTUEL 2.875%

21/06/2017300,000

1.874,518,200CADES 3.375% 25/04/20214,000,000

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Bond Euro Aggregate

67



0.441,065,250IRELAND 4.60% 18/04/20161,000,0001.283,106,950IRELAND 5% 18/10/20203,000,0000.681,648,725IRELAND 5.50% 18/10/20171,500,000

27.6666,987,154Itália

0.09208,134AEM SPA 4.50% 28/11/2019200,0000.24582,109ASSICURAZIONI GENERA 4.875% 11/11/2014550,0000.04106,477ASSICURAZIONI GENERALI VAR 12/12/2042100,0000.04107,159ATLANTIA SPA 4.375% 16/03/2020100,0000.05113,841ENI SPA 4.25% 03/02/2020100,0000.16380,089INTESA SANPAOLO SPA FRN 24/02/2014500,0000.09213,486INTESA SANPAOLO SPA 3.75% 25/09/2019200,0000.09207,148INTESA SANPAOLO SPA 4% 09/11/2017200,0000.13309,264INTESA SANPAOLO SPA 4.375% 15/10/2019300,0003.448,327,600ITALY BTP 4% 01/02/20178,000,0001.934,663,575ITALY BTP 5% 01/03/20254,500,0006.2815,240,820ITALY BTP 5.25% 01/08/201714,000,0006.1614,920,080ITALY 4.75% 01/06/201714,000,0007.1617,362,400ITALY 5.50% 01/09/202216,000,0000.08202,062SNAM SPA 2% 13/11/2015200,0000.13304,722TELECOM ITALIA SPA 4% 21/01/2020300,0000.09213,972TELECOM ITALIA SPA 4.50% 20/09/2017200,0000.24581,410TELECOM ITALIA SPA 7% 20/01/2017500,0000.24591,805TELECOM ITALIA SPA 8.25% 21/03/2016500,0000.13310,629TERNA SPA 2.875% 16/02/2018300,0000.15353,941UNICREDIT SPA 3.375% 11/01/2018350,0000.13316,263UNICREDIT SPA 4.375% 11/09/2015300,0000.09214,756UNICREDIT SPA 4.875% 07/03/2017200,0000.24589,006UNICREDIT SPA 5.75% 26/09/2017550,0000.09208,454UNICREDIT SPA 6.95% 31/10/2022200,0000.15357,952UNIONE DI BANCHE ITALIANE 3.75% 30/10/2015350,000


0.15357,056ARCELORMITTAL SA 8.25% 03/06/2013350,0000.411,013,260EUROPEAN FINANCIALL STABILITY FACILITY

1.125% 30/11/20171,000,000

0.25629,715EUROPEAN INVESTMENT BANK (EIB) 4.50%15/10/2025

500,000

0.22526,265FINMECCANICA FINANCE SA 4.375% 05/12/2017500,0000.09212,400GAZ CAPITAL SA 3.755% 15/03/2017200,0000.05109,681HANNOVER FINANCE LUXEMBOURG VAR

30/06/2043100,000

0.13305,376HOLCIM US FINANCE 2.625% 07/09/2020300,000

0.37903,798México

0.14333,573AMERICA MOVIL SAB DE CV 3.75% 28/06/2017300,0000.23570,225PETROLEOS MEXICANOS SA 5.50% 09/01/2017500,000


0.13318,486ABB FINANCE BV 2.625% 26/03/2019300,0000.04103,085ACHMEA HYPOTHEEKBANK NV 2.375% 08/02/2016100,0000.04107,041AEGON NV 3% 18/07/2017100,0000.37905,292AKZO NOBEL NV 2.625% 27/07/2022900,0000.05114,890ALLIANZ FINANCE II BV VAR 08/07/2041100,0000.05110,107ALLIANZ FINANCE II BV VAR 13/01/2025100,0000.14335,211ALLIANZ FINANCE II BV 3.50% 14/02/2022300,0000.21507,410BMW FINANCE NV 1.50% 05/06/2018500,0000.05111,706DELTA LLOYD LEVENSVERZEKERING VAR

29/08/2042100,000


0.10227,104HUTCHISON WHAMPOA FINANCE (CI) 4.75%14/11/2016

200,000

0.08205,612IPIC GMTN LTD 2.375% 30/05/2018200,000

0.23562,415SCHNEIDER ELECTRIC S 3.75% 12/07/2018500,0000.11268,500SCOR FRN 06/07/2020300,0000.22530,744SOCIETE GENERALE VAR PERPETUAL700,0000.431,033,050SOCIETE GENERALE 2.375% 13/07/20151,000,0000.18436,344SOCIETE GENERALE 4% 20/04/2016400,0000.08202,150UNIBAIL RODAMCO 1.625% 26/06/2017200,0000.11268,008UNIBAIL RODAMCO 3% 22/03/2019250,0000.29701,246VIVENDI 2.50% 15/01/2020700,0000.22526,830VIVENDI 3.50% 13/07/2015500,000

0.13315,690Hong Kong (China)

0.13315,690HUTCHISON WHAMPOA LT 2.50% 06/06/2017300,000

3.508,487,830Irlanda

0.21502,330FGA CAPITAL IRELAND PLC 4% 28/03/2013500,0000.421,028,580FGA CAPITAL IRELAND PLC 5.25% 28/02/20141,000,0000.13321,045GE CAPITAL EUROPEAN FUNDING 2.875%

18/06/2019300,000

0.34814,950GE CAPITAL EUROPEAN FUNDING 3.75%04/04/2016

750,000

0.18446,304CAP GEMINI 5.25% 29/11/2016400,0000.13312,303CARREFOUR BANQUE 2.875% 25/09/2015300,0000.13320,550CARREFOUR SA 1.875% 19/12/2017320,0000.12293,808CARREFOUR 5.25% 24/10/2018250,0000.09219,186CASINO GUICHARD PERRACHON 4.472%

04/04/2016200,000

0.22544,260CASINO GUICHARD PERRACHON 5.50% 30/01/2015500,0000.35842,384CREDIT AGRICOLE HOME LOAN SFH 2.125%

10/07/2017800,000

0.13304,596CREDIT AGRICOLE SA 1.875% 18/10/2017300,0000.10230,789CREDIT AGRICOLE SA 2.625% 21/01/2014300,0000.40965,345CREDIT AGRICOLE SA 5.971% 01/02/2018850,0000.12301,707DANONE 1.125% 27/11/2017300,0000.05112,593EDF ELECTRICITE DE FRANCE 3.875% 18/01/2022100,0000.05114,094EDF ELECTRICITE DE FRANCE 4.50% 12/11/2040100,0000.15374,706GALERIES LAFAYETTE SA 4.50% 28/04/2017350,0000.24575,388GDF SUEZ 2.25% 01/06/2018550,0000.09215,454GECINA 4.25% 03/02/2016200,0000.13306,204KLEPIERRE 2.75% 17/09/2019300,0000.11273,470KLEPIERRE 4% 13/04/2017250,0000.13313,365LAGARDERE 4.125% 31/10/2017300,0000.05110,045MERCIALYS 4.125% 26/03/2019100,0000.27659,165RENAULT CI BANQUE 2.125% 24/11/2014650,0000.11270,740RENAULT CI BANQUE 4.25% 27/04/2017250,0000.07163,113RENAULT CI BANQUE 5.625% 13/03/2015150,0000.09212,070SAINT GOBAIN (CIE) 3.50% 30/09/2015200,0000.04103,905SAINT GOBAIN (CIE) 3.625% 15/06/2021100,000

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Bond Euro Aggregate

68



0.922,222,312Suécia

0.04107,066ATLAS COPCO AB 2.625% 15/03/2019100,0000.15366,989NORDEA BANK AB 2.25% 05/10/2017350,0000.19457,720NORDEA BANK AB 4% 11/07/2019400,0000.28656,786SKANDINAVISKA ENSKILDA BANKEN 1.875%

14/11/2019650,000

0.11262,435SVENSKA HANDELSBANKE 2.25% 14/06/2018250,0000.08202,162SVENSKA KULLAGERFABR 1.875% 11/09/2019200,0000.07169,154SVENSKA KULLAGERFABR 3.875% 25/05/2018150,000


0.37902,921ABBEY NATIONAL TREASURY SERVICES 3.375%20/10/2015

850,000

0.11277,698ANGLO AMERICAN CAPITAL PLC 4.375% 02/12/2016250,0000.12293,136AVIVA PLC VAR PERPETUAL300,0000.23567,400BARCLAYS BANK PLC LONDON 6% 14/01/2021500,0000.461,079,589BARCLAYS BANK PLC LONDON 6% 23/01/2018950,0000.31757,099BARCLAYS BANK PLC LONDON 7.625% 21/11/20221,000,0000.04102,000COVENTRY BUILDING SOCIETY 2.25% 04/12/2017100,0000.15362,495FCE BANK PLC 2.875% 03/10/2017350,0000.08200,004G4S INTERNATIONAL FINANCE PLC VAR 06/12/2018200,0000.17410,844HAMMERSON PLC 2.75% 26/09/2019400,0000.0256,919HSBC BANK PLC 3.875% 24/10/201850,0000.05120,058HSBC HOLDINGS PLC 6.25% 19/03/2018100,0000.13303,603IMPERIAL TOBACCO FINANCE PLC 8.375%

17/02/2016250,000

0.0362,931LLOYDS TSB BANK PLC VAR 16/12/202150,0000.14338,421LLOYDS TSB BANK PLC 4.625% 02/02/2017300,0000.17400,925LLOYDS TSB BANK PLC 6.50% 24/03/2020350,0000.09218,394MOTABILITY OPERATIONS GROUP 3.25%

30/11/2018200,000

0.24585,871RBS GROUP PLC 4.375% 10/02/2015550,0000.06155,778RENTOKIL INITIAL PLC 3.375% 24/09/2019150,0000.21508,900RIO TINTO FINANCE PLC 2% 11/05/2020500,0000.09222,646ROYAL BANK OF SCOTLAND PLC 4.75% 18/05/2016200,0000.19452,896ROYAL BANK OF SCOTLAND PLC 4.875%

20/01/2017400,000

0.29700,728STANDARD BANK PLC 5.875% 26/09/2017600,0000.20485,577STANDARD CHARTERED BANK 3.625% 15/12/2015450,0000.24586,834UBS AG LONDON BRANCH 3.125% 18/01/2016550,000

1.132,735,193Obrigações convertíveis0.721,736,921Alemanha

0.17418,500DEUTSCHE POST AG 0.60% 06/12/2019 CV400,0000.551,318,421KREDITANSTALT WIEDER KFW 3.25% 27/06/2013 CV1,300,000

0.21515,060Itália

0.21515,060ENI SPA 0.25% 30/11/2015 CV500,000



0.791,923,669AMUNDI CREDIT EURO SHORT DURABLE FCP1950.16388,884AMUNDI TRESO COURT TERME PART C211.042,522,437AMUNDI TRESO 3 MOIS21.613,879,186SG OBLIG CONVERTIBLE IC338


1.764,269,708AMUNDI EMERGING INFLATION IE CAP3,6004.1510,038,960AMUNDI FDS EURO HY BOND ME (C)73,000


0.20483,212França

0.10251,497MICHELIN (CIE GENERALE ETS) 0% 01/01/2017 CV1,9200.10231,715MISARTE 3.25% 01/01/2016 CV1,400

0.09216,130DELTA LLOYD NV 4.25% 17/11/2017200,0000.13309,633ELM BV 2.50% 24/09/2020300,0000.13311,445ENEL FINANCE INTERNATIONAL NV 3.625%

17/04/2018300,000

0.09216,430ENEL FINANCE INTERNATIONAL NV 4.875%11/03/2020

200,000

0.08200,658ENEXIS HOLDING NV 1.875% 13/11/2020200,0000.07164,053HEINEKEN NV 3.50% 19/03/2024150,0000.19463,419ING BANK NV 2.125% 10/07/2015450,0000.04100,316KONINKLIJKE KPN NV 3.25% 01/02/2021100,0000.13306,855METRO FINANCE BV 2.25% 11/05/2018300,0000.22532,000NOMURA EUROPE FINANCE NV 5.125% 09/12/2014500,0000.05120,665RABOBANK (INTERNATIONAL) NV 5.875%

20/05/2019100,000

0.19458,728RABOBANK NEDERLAND 4% 11/01/2022400,0000.33796,744SIEMENS FINANCIERINGSMAATSCHAP 1.50%

10/03/2020800,000

0.06154,679VOLKSWAGEN INTERNATIONAL FINANCE NV1.875% 15/05/2017

150,000

0.09212,704Noruega

0.09212,704DNB BANK ASA 2.75% 21/03/2017200,000

1.423,443,996Polónia

0.962,321,762POLAND 5.25% 20/01/20251,900,0000.461,122,234POLAND 5.25% 25/10/20174,200,000

2.125,135,100Portugal

2.125,135,100PORTUGUESE REPUBUBLIC 4.95% 25/10/20236,000,000

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Bond Euro Corporate

69





97.611,113,546,949Obrigações

1.2914,765,548Austrália

0.354,020,120BHP BILLITON FINANCE LIMITED 2.25% 25/09/20203,900,0000.616,970,680ORIGIN ENERGY FINANCE LTD 2.875% 11/10/20196,700,0000.333,774,748TELSTRA CORPORATION 3.50% 21/09/20223,400,000

0.455,183,050Áustria

0.455,183,050OMV AG 2.625% 27/09/20225,000,000

0.171,962,966Bélgica

0.171,962,966EANDIS 2.75% 30/11/20221,900,000

2.9033,120,747Dinamarca

0.293,274,920CARLSBERG AS 3.375% 13/10/20173,000,0000.556,248,220CARLSBERG BREWERIES A/S 2.625% 03/07/20196,000,0000.566,420,968DANSKE BANK AS 2.50% 09/07/20156,200,0000.617,024,500DONG ENERGY AS 2.625% 19/09/20227,000,0000.131,449,799DONG ENERGY AS 4% 16/12/20161,300,0000.647,382,760TDC AS 3.50% 23/02/20157,000,0000.121,319,580TDC AS 3.75% 02/03/20221,200,000


0.536,052,860SAMPO OYJ 4.25% 27/02/20175,500,000

24.27276,731,703França

0.232,594,075ACCOR SA 2.875% 19/06/20172,500,0000.171,908,036AREVA 3.875% 23/09/20161,800,0000.182,012,440ASSURANCES GENERALES VAR PERPETUAL2,000,0000.394,490,480AUTOROUTE PARIS-RHIN 5% 12/01/20174,000,0000.394,496,560AUTOROUTE PARIS-RHIN 7.50% 12/01/20154,000,0000.778,812,524AXA SA VAR 16/04/20408,400,0000.283,224,340AXA SA 4.50% 23/01/20153,000,000

5.1458,606,836Alemanha

0.212,415,465BERTELSMANN AG 7.875% 16/01/20142,250,0000.141,555,965BILFINGER SE 2.375% 07/12/20191,500,0000.485,487,900COMMERZBANK AG 3.625% 10/07/20175,000,0000.151,709,115EWE AG 4.125% 04/11/20201,500,0000.798,980,800GERMANY BUND 5.625% 04/01/20286,000,0000.374,235,616MAN SE 1% 21/09/20154,200,0000.121,322,700MERCK FINANCIAL SERVICE GMBH 3.375%

24/03/20151,250,000

0.9811,309,800METRO AG 7.625% 05/03/201510,000,0000.323,599,310MUNCHENER RUCKVERSIC VAR 26/05/20413,000,0000.313,501,750SAP AG 1% 13/11/20153,500,0000.536,068,580SAP AG 2.125% 13/11/20196,000,0000.313,562,580VOLKSWAGEN AG 1.50% 15/09/20153,500,0000.434,857,255VOLKSWAGEN LEASING GMBH 3.375% 03/06/20164,500,000

0.465,266,800BANQUE FEDERATIVE DU CREDIT MUTUEL 4.375%31/05/2016

4,750,000

0.08928,450BANQUE PSA FINANCE 3.625% 17/09/20131,000,0000.343,900,651BANQUE PSA FINANCE 6% 16/07/20143,700,000

3.9444,941,572Espanha

0.475,414,300ALTADIS EMISIONES FINANCIERAS 4% 11/12/20155,000,0000.263,016,410BBVA SENIOR FINANCE SA UNIPERS 3% 22/08/20133,000,0000.323,678,220CORPORACION MAPFRE SA 5.125% 16/11/20153,500,0000.141,600,005GAS NATURAL CAPITAL MARKETS SA 4.125%

24/04/20171,500,000

0.03331,056GAS NATURAL CAPITAL MARKETS SA 5%13/02/2018

300,000

0.151,685,700GAS NATURAL CAPITAL MARKETS SA 5.625%09/02/2017

1,500,000

0.586,589,281IBERDROLA FINANZAS SAU 4.75% 25/01/20166,100,000


0.616,988,590XSTRATA FINANCE DUBAI LTD VAR 19/05/20167,000,000


0.242,769,147AMGEN INC 2.125% 13/09/20192,700,0001.0411,706,912AT& T INC 3.55% 17/12/203211,200,0000.566,368,510BANK OF AMERICA CORP 4.75% 03/04/20175,650,0000.525,919,600BANK OF AMERICA CORP 7% 15/06/20165,000,0000.182,022,700CARGILL INC 1.875% 04/09/20192,000,0000.364,096,932CITIGROUP INC FRN 09/02/20164,200,0000.333,789,520CITIGROUP INC 4% 26/11/20153,500,0000.596,738,720CITIGROUP INC 4.375% 30/01/20176,000,0000.465,204,100EDISON MISSION ENERGY 3.25% 17/03/20155,000,0000.627,063,420GOLDMAN SACHS GROUP INC 4.50% 09/05/20166,500,0000.283,204,630GOLDMAN SACHS GROUP 5.125% 16/10/20143,000,0000.475,372,250HSBC FINANCE CORPORATION 3.75% 04/11/20155,000,0000.212,369,873JP MORGAN CHASE AND C 2.60% 15/01/20163,000,0000.354,020,441JP MORGAN CHASE AND C 3.15% 05/07/20165,000,0000.9911,246,480JP MORGAN CHASE AND CO 1.875% 21/11/201911,200,0000.343,841,200JP MORGAN CHASE CAPITAL XXII 6.125%

01/04/20143,600,000

0.343,923,850JPMORGAN CHASE BANK NA VAR 30/11/20213,700,0000.9711,119,080MERRILL LYNCH AND CO 4.625% 14/09/201810,500,0000.434,866,800MERRILL LYNCH AND CO 6.75% 21/05/20135,000,0000.141,600,800MORGAN STANLEY AND CO INC 3.75% 21/09/20171,500,0000.758,608,960MORGAN STANLEY 4.50% 23/02/20168,000,0000.202,272,615NATIONAL GRID USA 3.25% 03/06/20152,150,0000.242,694,016PHILIP MORRIS INTERNATIONAL INC 2.125%

30/05/20192,600,000

0.293,265,795PROCTER AND GAMBLE CO 2% 16/08/20223,250,0000.202,325,888WAL MART STORES INC 4.875% 21/09/20291,800,0000.404,609,800WELLS FARGO AND CO 2.625% 16/08/20224,450,0000.252,881,150ZURICH FINANCE USA INC 6.50% 14/10/20152,500,000

0.131,443,428SANTANDER INTERNATIONAL DEBT SA 4%27/03/2017

1,400,000


10,600,000

0.101,094,670TELEFONICA EMISIONES SAU 4.797% 21/02/20181,000,0000.404,546,760TELEFONICA EMISIONES SAU 5.811% 05/09/20174,000,0000.394,457,110TELEFONICA SA 4.71% 20/01/20204,100,000

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Bond Euro Corporate

70



0.131,533,570Guernsey

0.131,533,570CREDIT SUISSE GROUP FINANCE 6.375%07/06/2013

1,500,000


0.182,104,600HUTCHISON WHAMPOA LT 2.50% 06/06/20172,000,000

3.0735,077,585Irlanda

0.313,564,470AIB MORTGAGE BANK 3.125% 04/12/20153,500,0000.091,051,120BORD GAIS EIREANN 3.625% 04/12/20171,000,0000.232,614,566FGA CAPITAL IRELAND PLC 4.375% 18/09/20142,550,0000.323,600,030FGA CAPITAL IRELAND PLC 5.25% 28/02/20143,500,0000.283,179,236GE CAPITAL EUROPEAN FUNDING 2% 27/02/20153,100,0000.465,297,243GE CAPITAL EUROPEAN FUNDING 2.875%

18/06/20194,950,000

0.475,433,000GE CAPITAL EUROPEAN FUNDING 3.75%04/04/2016

5,000,000


3,000,000


2,000,000


5,000,000

7.7688,521,069Itália

0.252,861,843AEM SPA 4.50% 28/11/20192,750,0000.323,598,492ASSICURAZIONI GENERA 4.875% 11/11/20143,400,0000.08855,800ASSICURAZIONI GENERA 5.125% 16/09/2024800,0000.202,236,017ASSICURAZIONI GENERALI VAR 12/12/20422,100,0000.182,077,440ATLANTIA SPA 3.375% 18/09/20172,000,0000.151,714,544ATLANTIA SPA 4.375% 16/03/20201,600,0000.202,276,820ENI SPA 4.25% 03/02/20202,000,0000.111,292,304INTESA SANPAOLO SPA FRN 24/02/20141,700,0000.182,049,040INTESA SANPAOLO SPA 3.375% 19/01/20152,000,0000.273,107,220INTESA SANPAOLO SPA 4% 09/11/20173,000,0000.323,646,055INTESA SANPAOLO SPA 4.125% 14/01/20163,500,0000.374,226,608INTESA SANPAOLO SPA 4.375% 15/10/20194,100,0000.202,328,326INTESA SANPAOLO SPA 4.875% 10/07/20152,200,0000.273,131,961SNAM SPA 2% 13/11/20153,100,0000.364,062,960TELECOM ITALIA SPA 4% 21/01/20204,000,0000.283,209,580TELECOM ITALIA SPA 4.50% 20/09/20173,000,0000.424,767,562TELECOM ITALIA SPA 7% 20/01/20174,100,0000.525,977,230TELECOM ITALIA SPA 8.25% 21/03/20165,050,0000.242,743,890TERNA SPA 2.875% 16/02/20182,650,0000.495,561,930UNICREDIT SPA 3.375% 11/01/20185,500,000


0.252,838,800HUTCHISON WHAMPOA FINANCE (CI) 4.75%14/11/2016

2,500,000

0.263,032,777IPIC GMTN LTD 2.375% 30/05/20182,950,000

0.8910,117,978VIVENDI 2.50% 15/01/202010,100,0000.283,160,980VIVENDI 3.50% 13/07/20153,000,0000.192,196,900VIVENDI 4.125% 18/07/20172,000,000

0.333,740,695BQE FEDERATIVE DU CREDT MUTUEL 2.875%21/06/2017

3,500,000

0.586,662,250BQE FEDERATIVE DU CREDT MUTUEL 3%29/10/2015

6,300,000

0.232,616,675BQE FEDERATIVE DU CREDT MUTUEL 4%22/10/2020

2,500,000

0.495,578,800CAP GEMINI 5.25% 29/11/20165,000,0000.536,037,858CARREFOUR BANQUE 2.875% 25/09/20155,800,0000.374,207,224CARREFOUR SA 1.875% 19/12/20174,200,0000.525,876,150CARREFOUR 5.25% 24/10/20185,000,0000.394,411,760CARREFOUR 5.375% 12/06/20154,000,0000.374,164,534CASINO GUICHARD PERRACHON 4.472%

04/04/20163,800,000

0.404,568,940CREDIT AGRICOLE SA 1.875% 18/10/20174,500,0000.131,538,592CREDIT AGRICOLE SA 2.625% 21/01/20142,000,0000.677,609,190CREDIT AGRICOLE SA 5.971% 01/02/20186,700,0000.182,011,380DANONE 1.125% 27/11/20172,000,0000.121,351,116EDF ELECTRICITE DE FRANCE 3.875% 18/01/20221,200,0000.202,281,880EDF ELECTRICITE DE FRANCE 4.50% 12/11/20402,000,0000.091,002,805EDF ELECTRICITE DE FRANCE 4.625% 11/09/2024850,0000.546,158,950ELECTRICITE DE FRANCE 5.375% 29/05/20205,000,0000.101,106,336FRANCE TELECOM 8.125% 28/01/2033700,0000.374,174,210GDF SUEZ 1.50% 20/07/20174,100,0000.576,486,192GDF SUEZ 2.25% 01/06/20186,200,0000.141,630,095GDF SUEZ 3.125% 21/01/20201,500,0000.445,063,169GECINA 4.25% 03/02/20164,700,0000.333,768,975ILIAD 4.875% 01/06/20163,500,0000.394,490,992KLEPIERRE 2.75% 17/09/20194,400,0000.384,375,520KLEPIERRE 4% 13/04/20174,000,0000.343,864,835LAGARDERE 4.125% 31/10/20173,700,0000.131,430,585MERCIALYS 4.125% 26/03/20191,300,0000.434,918,385RENAULT CI BANQUE 2.125% 24/11/20144,850,0000.05541,480RENAULT CI BANQUE 4.25% 27/04/2017500,0000.202,283,582RENAULT CI BANQUE 5.625% 13/03/20152,100,0000.171,940,928RENAULT SA 4.625% 25/05/20161,850,0000.465,301,750SAINT GOBAIN (CIE) 3.50% 30/09/20155,000,0000.232,597,625SAINT GOBAIN (CIE) 3.625% 15/06/20212,500,0000.647,278,785SOCIETE GENERALE VAR PERPETUAL9,600,0000.627,128,045SOCIETE GENERALE 2.375% 13/07/20156,900,0000.323,607,136SOCIETE GENERALE 2.50% 15/01/20144,700,0000.323,654,245SOCIETE GENERALE 3% 31/03/20153,500,0000.394,472,526SOCIETE GENERALE 4% 20/04/20164,100,0000.374,170,192TPSA EUROFINANCE FRANCE 6% 22/05/20143,900,0000.576,468,800UNIBAIL RODAMCO 1.625% 26/06/20176,400,0000.101,117,370VALEO 4.875% 11/05/20181,000,000

0.232,642,064VALLOUREC 4.25% 14/02/20172,400,000

0.07806,745BNP PARIBAS 3.50% 07/03/2016750,0000.9410,748,054BNP PARIBAS 5.431% PERPETUAL9,400,0000.293,361,770BOUYGUES 4% 12/02/20183,000,0000.576,530,880BPCE SA 2% 24/04/20186,400,0000.859,658,436BPCE SA 2.875% 22/09/20159,200,0000.222,541,385BPCE SA 3.75% 21/07/20172,300,000

0.343,838,507BNP PARIBAS FRN 20/12/20144,875,0000.9110,351,737BNP PARIBAS 2.875% 24/10/20229,900,0001.0011,451,354BNP PARIBAS 2.875% 27/11/201710,700,000

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Bond Euro Corporate

71



0.283,156,210KONINKLIJKE KPN NV 4.75% 29/05/20143,000,0000.374,228,720KONINKLIJKE KPN NV 6.25% 04/02/20144,000,0000.273,122,735LANXESS FINANCE BV 4.125% 23/05/20182,750,0000.455,155,000LEASEPLAN CORPORATION NV 2.50% 19/09/20165,000,0000.313,579,975METRO FINANCE BV 2.25% 11/05/20183,500,0000.192,128,000NOMURA EUROPE FINANCE NV 5.125% 09/12/20142,000,0000.536,033,250RABOBANK (INTERNATIONAL) NV 5.875%

20/05/20195,000,000

0.515,798,414RABOBANK NEDERLAND VAR PERPETUAL7,000,0000.374,243,234RABOBANK NEDERLAND 4% 11/01/20223,700,0000.182,037,700REPSOL INTERNATIONAL FINANCE BV 5%

22/07/20132,000,000

0.101,197,170RWE FINANCE BV 5.125% 23/07/20181,000,0000.9410,556,858SIEMENS FINANCIERINGSMAATSCHAP 1.50%

10/03/202010,600,000

0.242,746,975URENCO FINANCE NV 4% 05/05/20172,500,0000.182,062,380VOLKSWAGEN INTERNATIONAL FINANCE NV

1.875% 15/05/20172,000,000

0.222,552,448Noruega

0.222,552,448DNB BANK ASA 2.75% 21/03/20172,400,000

14.14161,251,364Reino Unido


6,500,000


3,000,000

0.181,999,422ANGLO AMERICAN CAPITAL PLC 4.375% 02/12/20161,800,0000.151,661,104AVIVA PLC VAR PERPETUAL1,700,0000.141,619,920AVIVA PLC VAR 02/10/20231,600,0000.121,366,788AVIVA PLC VAR 22/05/20381,250,0000.262,976,036BARCLAYS BANK PLC LONDON 5.25% PERPETUAL2,800,0000.566,354,880BARCLAYS BANK PLC LONDON 6% 14/01/20215,600,0000.9911,364,100BARCLAYS BANK PLC LONDON 6% 23/01/201810,000,0000.505,678,246BARCLAYS BANK PLC LONDON 7.625% 21/11/20227,500,0000.576,507,312BP CAPITAL MARKETS PLC 2.177% 16/02/20166,250,0000.273,082,920CARNIVAL PLC 4.25% 27/11/20133,000,0000.161,836,000COVENTRY BUILDING SOCIETY 2.25% 04/12/20171,800,0000.647,355,740CREDIT AGRICOLE SA LONDON BRANCH 3%

20/07/20157,000,000

0.111,247,500CREDIT AGRICOLE SA LONDON BRANCH 5.125%18/04/2023

1,000,000

0.475,333,855FCE BANK PLC 2.875% 03/10/20175,150,0000.252,800,056G4S INTERNATIONAL FINANCE PLC VAR 06/12/20182,800,0000.455,135,550HAMMERSON PLC 2.75% 26/09/20195,000,0000.364,098,168HSBC BANK PLC 3.875% 24/10/20183,600,0000.576,541,320HSBC HOLDINGS PLC 3.875% 16/03/20166,000,0000.212,421,760HSBC HOLDINGS PLC 6% 10/06/20192,000,0000.263,001,450HSBC HOLDINGS PLC 6.25% 19/03/20182,500,0000.293,316,380IMPERIAL TOBACCO FINANCE PLC 7.25%

15/09/20143,000,000

0.536,072,050IMPERIAL TOBACCO FINANCE PLC 8.375%17/02/2016

5,000,000

0.283,146,550LLOYDS TSB BANK PLC VAR 16/12/20212,500,0000.404,512,280LLOYDS TSB BANK PLC 4.625% 02/02/20174,000,0000.384,295,625LLOYDS TSB BANK PLC 6.50% 24/03/20203,750,000

0.465,271,050UNICREDIT SPA 4.375% 11/09/20155,000,0000.141,610,670UNICREDIT SPA 4.875% 07/03/20171,500,0000.809,054,628UNICREDIT SPA 5.75% 26/09/20178,455,0000.323,700,059UNICREDIT SPA 6.95% 31/10/20223,550,0000.637,159,040UNIONE DI BANCHE ITALIANE 3.75% 30/10/20157,000,000


0.091,055,210ENEL FINANCE INTERNATIONAL SA 4% 14/09/20161,000,0000.374,234,680ENEL FINANCE INTERNATIONAL SA 4.125%

12/07/20174,000,000

0.637,262,457FINMECCANICA FINANCE SA 4.375% 05/12/20176,900,0000.475,310,000GAZ CAPITAL SA 3.755% 15/03/20175,000,0000.182,083,939HANNOVER FINANCE LUXEMBOURG VAR

30/06/20431,900,000

0.455,089,600HOLCIM US FINANCE 2.625% 07/09/20205,000,000

0.353,991,575México

0.353,991,575PETROLEOS MEXICANOS SA 5.50% 09/01/20173,500,000


0.232,654,050ABB FINANCE BV 2.625% 26/03/20192,500,0000.9811,036,000ABN AMRO BANK NV 4.25% 11/04/201610,000,0000.455,151,960ABN AMRO BANK NV 6.375% 27/04/20214,500,0000.04437,060ACHMEA B.V. 7.375% 16/06/2014400,0000.151,752,445ACHMEA HYPOTHEEKBANK NV 2.375% 08/02/20161,700,0000.283,211,230AEGON NV 3% 18/07/20173,000,0000.283,185,760AEGON NV 4.125% 08/12/20143,000,0000.505,744,500ALLIANZ FINANCE II BV VAR 08/07/20415,000,0000.04440,428ALLIANZ FINANCE II BV VAR 13/01/2025400,0000.445,028,165ALLIANZ FINANCE II BV 3.50% 14/02/20224,500,0000.323,612,105ALTADIS FINANCE BV 5.125% 02/10/20133,500,0000.485,480,028BMW FINANCE NV 1.50% 05/06/20185,400,0000.323,630,445DELTA LLOYD LEVENSVERZEKERING VAR

29/08/20423,250,000

0.212,431,463DELTA LLOYD NV 4.25% 17/11/20172,250,0000.262,968,425DEUTSCHE TELEKOM INTL FINANCE 6% 20/01/20172,500,0000.354,025,229ELM BV 2.50% 24/09/20203,900,0000.374,221,030ENBW INTERNATIONAL FINANCE BV 6.125%

07/07/20393,000,000

0.091,064,650ENEL FINANCE INTERNATIONAL NV 4.625%24/06/2015

1,000,000

0.283,246,450ENEL FINANCE INTERNATIONAL NV 4.875%11/03/2020

3,000,000

0.657,331,392ENEL FINANCE INTERNATIONAL SA 5.75%24/10/2018

6,450,000

0.232,608,554ENEXIS HOLDING NV 1.875% 13/11/20202,600,0000.323,669,731FORTIS BANK NEDERLAND HOLDING 4%

03/02/20153,450,000

0.354,047,320HEINEKEN NV 2.125% 04/08/20204,000,0000.242,734,225HEINEKEN NV 3.50% 19/03/20242,500,0000.212,367,500ING BANK NV FRN 18/03/20162,500,0000.293,331,058ING BANK NV VAR 29/05/20233,050,0000.455,149,100ING BANK NV 2.125% 10/07/20155,000,0001.0612,001,220ING BANK NV 3.875% 24/05/201611,000,0000.151,705,372KONINKLIJKE KPN NV 3.25% 01/02/20211,700,0000.07845,240KONINKLIJKE KPN NV 3.75% 21/09/2020800,000

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0.303,458,083Obrigações convertíveis0.303,458,083França

0.303,458,083MICHELIN (CIE GENERALE ETS) 0% 01/01/2017 CV26,400



0.04493,249AMUNDI CREDIT EURO SHORT DURABLE FCP502.0923,762,841AMUNDI TRESO COURT TERME PART C1,2650.647,358,158AMUNDI TRESO 3 MOIS70.00-6,000Posições curtas

0.00-6,000Instrumentos derivados

0.00-6,000Opções0.00-6,000Alemanha

0.00-6,000EURO BUND FUTURE - 147.50 - 25.01.13 CALL-600


3.0034,191,458Suécia

0.212,385,420INVESTOR AB 4.50% 12/05/20232,000,0000.404,613,576NORDEA BANK AB 2.25% 05/10/20174,400,0000.505,721,500NORDEA BANK AB 4% 11/07/20195,000,0000.819,195,004SKANDINAVISKA ENSKILDA BANKEN 1.875%

14/11/20199,100,000

0.293,306,681SVENSKA HANDELSBANKE 2.25% 14/06/20183,150,0000.222,476,485SVENSKA KULLAGERFABR 1.875% 11/09/20192,450,0000.394,495,656SWEDBANK AB 1.75% 18/06/20154,400,0000.181,997,136TELIASONERA AB 3.625% 14/02/20241,800,000

0.738,491,800ROYAL BANK OF SCOTLAND PLC 4.875%20/01/2017

7,500,000

0.242,764,580SCOTTISH AND SOUTHERN ENERGY PLC VARPERPETUAL

2,600,000

0.677,591,220STANDARD BANK PLC 5.875% 26/09/20176,500,0000.728,200,856STANDARD CHARTERED BANK 3.625% 15/12/20157,600,0000.131,434,598THE ROYAL BANK OF SCOTLAND GROUP PLC

3.95% 21/09/20151,780,000

0.465,281,502UBS AG LONDON BRANCH 3.125% 18/01/20164,950,000

0.101,091,970MOTABILITY OPERATIONS GROUP 3.25%30/11/2018

1,000,000

0.384,367,402RBS GROUP PLC 4.375% 10/02/20154,100,0000.202,284,744RENTOKIL INITIAL PLC 3.375% 24/09/20192,200,0000.536,005,020RIO TINTO FINANCE PLC 2% 11/05/20205,900,000

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Bond Euro Government

73





102.79113,385,966Obrigações

4.645,121,441Áustria

0.25280,975AUSTRIA 3.15% 20/06/2044250,0001.211,335,756AUSTRIA 3.20% 20/02/20171,200,0002.342,580,556AUSTRIA 4.30% 15/09/20172,200,0000.84924,154AUSTRIA 4.85% 15/03/2026700,000

7.207,946,057Bélgica

2.442,691,840BELGIUM 3.50% 28/06/20172,400,0001.771,950,880BELGIUM 3.75% 28/09/20151,780,0000.72798,025BELGIUM 4.25% 28/03/2041650,0000.65715,650BELGIUM 4.25% 28/09/2022600,0001.621,789,662BELGIUM 4.50% 28/03/20261,450,000

9.069,988,400França

0.15160,865FRANCE OAT 2.50% 25/10/2020150,0003.804,191,840FRANCE OAT 4% 25/04/20183,600,0001.291,421,145FRANCE OAT 4.50% 25/04/20411,100,0001.431,576,560FRANCE OAT 4.75% 25/04/20351,200,0002.392,637,990FRANCE OAT 5.75% 25/10/20321,800,000

0.38414,260Irlanda

0.38414,260IRELAND 5% 18/10/2020400,000

40.8445,049,817Itália

3.924,319,942ITALY BTP 4% 01/02/20174,150,0000.73809,825ITALY BTP 4% 01/02/2037930,0001.201,323,046ITALY BTP 4.25% 01/02/20191,280,0006.026,648,390ITALY BTP 4.50% 01/02/20186,300,0004.084,500,810ITALY BTP 4.50% 01/03/20194,300,0002.292,522,536ITALY BTP 4.50% 01/03/20262,550,0005.005,526,204ITALY BTP 4.75% 01/09/20215,300,000

0.71786,564NETHERLANDS 5.50% 15/01/2028540,000

25.3527,964,509Espanha

5.626,194,420SPAIN 3% 30/04/20156,200,0006.036,654,306SPAIN 3.15% 31/01/20166,700,0005.606,174,420SPAIN 3.75% 31/10/20156,100,0001.621,782,504SPAIN 4.10% 30/07/20181,800,0000.86952,740SPAIN 4.20% 31/01/20371,200,0003.463,813,984SPAIN 4.60% 30/07/20193,800,0001.331,472,265SPAIN 4.65% 30/07/20251,610,0000.74819,240SPAIN 5.50% 30/04/2021800,0000.09100,630SPAIN 5.75% 30/07/2032100,000



1.972,168,904AMUNDI TRESO ETAT9


14.0115,454,143Alemanha

2.282,519,592FMS WERTMANAGEMENT 1.875% 09/05/20192,400,0002.542,800,900FMS WERTMANAGEMENT 3% 08/09/20212,500,0002.582,845,605GERMANY BUND 4.75% 04/07/20282,050,0002.923,221,366GERMANY BUNDI 1.75% 15/04/20202,500,0003.694,066,680KFW BANKENGRUPPE 0.875% 13/10/20174,000,000

0.33362,723ITALY BTP 5% 01/03/2025350,0000.73800,704ITALY BTP 5% 01/09/2040800,0000.74817,500ITALY BTP 5.75% 01/02/2033750,0000.27301,045ITALY BTP 6% 01/05/2031270,0004.024,429,860ITALY 4.25% 01/09/20194,300,0003.914,312,913ITALY 4.50% 15/07/20154,100,0000.75827,904ITALY 5.25% 01/11/2029800,000


0.60660,775NETHERLANDS 3.75% 15/01/2042500,000

3.794,175,535ITALY BTP 4.75% 15/09/20163,900,0003.063,370,880ITALY BTP 5% 01/03/20223,200,000

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113.71177,345,963Obrigações

47.9774,802,081França

0.59922,628FRANCE OATI 0.10% 25/07/2021900,0007.4711,655,746FRANCE OATI 0.25% 25/07/201810,740,0002.814,390,553FRANCE OATI 1.10% 25/07/20223,710,0008.7013,572,588FRANCE OATI 1.60% 25/07/201510,630,0003.395,281,051FRANCE OATI 1.80% 25/07/20403,602,0002.043,178,195FRANCE OATI 1.85% 25/07/20272,500,0003.645,674,436FRANCE OATI 2.10% 25/07/20234,300,00011.0617,228,511FRANCE OATI 2.25% 25/07/202011,938,0006.339,880,039FRANCE OATI 3.15% 25/07/20325,450,0001.943,018,334FRANCE OATI 3.40% 25/07/20291,632,000

12.1819,004,647Alemanha

1.872,916,758GERMANY BUNDI 0.10% 15/04/20232,700,0002.143,339,437GERMANY BUNDI 0.75% 15/04/20182,900,0001.692,633,363GERMANY BUNDI 1.50% 15/04/20162,101,0006.4810,115,089GERMANY BUNDI 1.75% 15/04/20207,850,000

43.5467,911,257Itália

4.907,640,791ITALIYI 2.15% 15/09/20146,150,0001.602,502,432ITALY BTP 4.75% 01/09/20212,400,0003.655,691,552ITALY BTPI 2.10% 15/09/20215,600,0005.558,650,961ITALY BTPI 2.35% 15/09/20197,900,0003.455,380,009ITALY BTPI 2.35% 15/09/20355,350,0001.552,415,821ITALY BTPI 2.55% 15/09/20412,600,0004.106,397,277ITALY BTPI 2.60% 15/09/20235,900,0001.061,648,703ITALY BTPI 3.10% 15/09/20261,600,0003.966,181,200ITALY 4.25% 01/09/20196,000,0005.829,072,025ITALYI 2.10% 15/09/20168,400,0007.9012,330,486ITALYI 2.10% 15/09/201710,600,000

5.338,307,191Suécia

3.565,546,207SWEDENI 3.50% 01/12/201535,000,0001.772,760,984SWEDENI 4% 01/12/202014,000,000


4.697,320,787UK GILTI 1.25% 22/11/20174,100,000



4.476,980,843AMUNDI TRESO 3 MOIS7


2.133,321,283AMUNDI EMERGING INFLATION IE CAP2,800


Bond Euro Inflation

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Bond Euro High Yield



91.54552,208,518Obrigações

0.462,773,474Áustria

0.462,773,474SAPPI PAPIER HOLDING AG 6.625% 15/04/20182,580,000

0.643,837,750Bermudas

0.643,837,750CENT EURO MEDIA 11.625% PERPETUAL3,655,000

1.136,791,250Canadá

0.985,898,750BOMBARDIER INC 6.125% 15/05/20215,500,0000.15892,500BOMBARDIER INC 7.25% 15/11/2016850,000

1.036,200,025Croácia

0.432,557,800AGROKOR DD 10% 07/12/20162,320,0000.281,688,700AGROKOR DD 9.125% 01/02/20201,560,0000.321,953,525AGROKOR DD 9.875% 01/05/20191,750,000


0.382,270,400ISS AS 8.875% 15/05/20162,200,000


0.573,408,985STORA ENSO OYJ 5.50% 07/03/20193,270,000

18.74113,069,329França

0.533,199,786AXA SA VAR 16/04/20403,050,0000.362,182,256BANQUE PSA FINANCE 6% 16/07/20142,070,0000.613,657,154BNP PARIBAS VAR PERPETUAL3,850,0000.171,041,881BPCE SA VAR PERPETUAL1,140,0000.422,538,058BPCE SA VAR PERPETUAL2,400,0000.382,314,635BPCE SA 9.25% PERPETUAL2,200,0000.301,834,200CEGEDIM 7% 27/07/20151,800,0000.321,911,692CIE GENERALE DE GEOPHYSIQUE SA 9.50%

15/05/20162,350,000

0.201,217,268CMA CGM SA 8.875% 15/04/20191,530,0000.563,385,319CREDIT AGRICOLE SA VAR PERPETUAL3,700,0000.291,727,435CREDIT AGRICOLE SA VAR PERPETUAL1,600,0000.352,099,222CREDIT AGRICOLE SA VAR PERPETUAL2,000,0001.156,853,000CROWN EURO HOLDINGS 7.125% 15/08/20186,230,0000.04247,037CSE NAT.CSES EPAR.PREVOYANCE VAR

PERPETUAL300,000

0.281,679,952CSE NAT.CSES EPAR.PREVOYANCE VARPERPETUAL

2,400,000

0.271,655,793CSE NAT.CSES EPAR.PREVOYANCE VARPERPETUAL

1,800,000

0.422,528,400EUROPCAR GROUPE SA 11.50% 15/05/20172,400,0000.502,993,522FAURECIA 9.375% 15/12/20162,590,0000.492,934,540LABCO 8.50% 15/01/20182,856,0000.543,255,120LAFARGE SA VAR 24/11/20162,700,0000.885,301,600LAFARGE SA VAR 29/11/20184,700,0001.046,191,200LAFARGE SA 5.875% 09/07/20195,680,0000.362,189,600LAFARGE SA 8.875% 27/05/20142,000,0000.12703,500NEXANS 4.25% 19/03/2018700,0000.251,537,000NEXANS 5.75% 02/05/20171,450,0000.10613,521PEUGEOT SA 5.625% 11/07/2017600,0000.472,839,246PEUGEOT SA 6.875% 30/03/20162,670,0000.291,776,737PEUGEOT SA 8.375% 15/07/20141,650,0000.271,624,440RENAULT CI BANQUE 4.25% 27/04/20171,500,0000.472,824,605RENAULT SA 4.625% 25/05/20162,700,0000.231,394,926RENAULT SA 5.625% 30/06/20151,300,0000.211,278,110RENAULT SA 6% 13/10/20141,200,0000.13780,804REXEL SA 6.125% 15/12/2019970,0000.362,199,000REXEL 7% 17/12/20182,000,0000.774,671,380REXEL 8.25% 15/12/20164,270,0000.05312,928RHODIA SA 7% 15/05/2018280,0000.714,286,386SOCIETE GENERALE VAR PERPETUAL4,913,0000.241,430,646SOCIETE GENERALE VAR PERPETUAL1,130,0000.503,016,680SOCIETE GENERALE VAR PERPETUAL2,700,000

8.0148,305,933Alemanha

0.10585,430FRANZ HANIEL UND CIE GMBH 5.875% 01/02/2017525,0000.744,457,428FRANZ HANIEL UND CIE GMBH 6.25% 08/02/20184,000,0000.301,808,940GROHE HOLDINGS GMBH FRN 15/12/20171,730,0000.694,137,962HEIDELBERGCEMENT AG 8.50% 31/10/20193,325,0000.774,644,000KABEL DEUTSCHLAND HOLDING AG 6.50%

29/06/20184,300,000

1.166,997,800KABEL DEUTSCHLAND HOLDING AG 6.50%31/07/2017

6,420,000

0.432,585,700KINOVE GERMAN BONDCO 10% 15/06/20182,600,0000.513,096,225STYROLUTION GP GMBH 7.625% 15/05/20162,970,0000.442,627,625TECHEM AG 6.125% 01/10/20192,450,0000.392,354,250TECHEM AG 7.875% 01/10/20202,150,0000.744,455,610UNITY MEDIA GMBH 9.625% 01/12/20193,980,0000.271,640,000UNITYMEDIA HESSEN GMBH CO NRW 5.50%

15/09/20221,600,000

0.231,410,750UNITYMEDIA HESSEN GMBH CO NRW 5.75%15/01/2023

1,350,000

0.935,615,450UNITYMEDIA HESSEN GMBH CO NRW 7.50%15/03/2019

5,140,000

0.311,888,763UPC GERMANY GMBH 9.50% 15/03/20211,630,000


0.342,028,400EDCON HOLDINGS (PROPRIETARY) LTD FRN15/06/2015

2,200,000

0.422,537,280EDCON (PROPRIETARY) LTD FRN 15/06/20142,643,0000.10579,000EDCON (PROPRIETARY) LTD 9.50% 01/03/2018600,0000.643,920,550FOODCORP LTD 8.75% 01/03/20183,540,000

1.6910,222,495Espanha

0.362,152,500ABENGOA SA VAR 25/02/20152,050,0000.271,643,236ABENGOA SA 8.875% 01/11/20172,270,0000.462,791,946CAMPOFRIO ALIMENTACI 8.25% 31/10/20162,602,000

0.291,771,688OBRASCON HUARTE LAIN SA 7.375% 28/04/20151,650,0000.171,043,750OBRASCON HUARTE LAIN SA 7.625% 15/03/20201,000,0000.14819,375OBRASCON HUARTE LAIN SA 8.75% 15/03/2018750,000


0.593,564,000CEMEX FINANCE 9.625% 14/12/20173,300,0000.593,547,500HERTZ CORP 8.50% 31/07/20153,300,000

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0.261,597,670INAER AVIATION 9.50% 01/08/20171,622,0000.734,403,070NARA CABLE FUNDING LTD 8.875% 01/12/20184,338,0000.332,015,275ROTTAPHARM LTD 6.125% 15/11/20191,940,0000.13808,125SMURFIT KAPPA ACQUISITIONS 7.25% 15/11/2017750,0000.674,036,900SMURFIT KAPPA ACQUISITIONS 7.75% 15/11/20193,650,000

1.509,042,425Itália

0.281,712,375INTESA SANPAOLO SPA VAR PERPETUAL1,750,0000.231,400,000INTESA SANPAOLO SPA VAR PERPETUAL1,400,0000.311,889,812INTESA SANPAOLO SPA VAR PERPETUAL1,850,0000.502,936,850LOTTOMATICA SPA VAR PERPETUAL2,797,0000.181,103,388PIAGGIO & C SPA 7% 01/12/20161,030,000

1.378,249,682Jersey

0.311,850,034ASTON MARTIN CAPITAL LTD 9.25% 15/07/20181,510,0000.392,335,347HBOS CAPITAL FUNDING LP VAR PERPETUAL2,100,0000.674,064,301UBS PREFERRED FUNDING (JERSEY) VAR

PERPETUAL4,256,000

0.422,535,750Libéria

0.422,535,750ROYAL CARIBBEAN CRUISES LTD 5.625%27/01/2014

2,450,000

18.82113,574,806Luxemburgo

0.301,785,000ALBEA BEAUTY HOLDINGS 8.75% 01/11/20191,700,0000.201,226,700ALTICE FINANCING SA 8% 15/12/20191,160,0000.09530,309ALTICE FINANCING SA 9.875% 15/12/2020650,0000.06334,497ARCELORMITTAL SA VAR 17/11/2017311,0000.523,143,161ARCELORMITTAL SA 9.375% 03/06/20162,600,0000.221,317,940BEVERAGE PACKAGING HOLDING 8% 15/12/20161,300,0000.613,671,200BEVERAGE PACKAGING HOLDING 9.50%

15/06/20173,530,000

0.382,263,125BORMIOLI ROCCO HOLDINGS SA 10% 01/08/20182,130,0000.442,643,750CAPSUGEL FINANCECO 9.875% 01/08/20192,350,0000.573,412,850CIRSA FUNDING LUXEMBOURG SA 8.75%

15/05/20183,430,000

0.281,663,988CLARIANT FINANCE 5.625% 24/01/20171,500,0000.15901,725CODERE FINANCE LUXEMBOURG 8.25% 15/06/20151,093,0000.362,192,400CONVATEC HEALTHCARE 7.375% 15/12/20172,030,000

0.191,130,000CONVATEC 10.875% 15/12/20181,000,0000.211,269,000FIAT FINANCE AND TRADE LTD 5.25% 11/03/20151,200,0000.221,339,832FIAT FINANCE AND TRADE LTD 6.125% 08/07/20141,300,0000.462,766,798FIAT FINANCE AND TRADE LTD 6.375% 01/04/20162,700,0000.311,886,400FIAT FINANCE AND TRADE LTD 6.875% 13/02/20151,800,0000.12746,136FIAT FINANCE AND TRADE LTD 7% 23/03/2017720,0000.402,393,035FIAT FINANCE AND TRADE LTD 7.375% 09/07/20182,300,0000.211,272,000FIAT FINANCE AND TRADE LTD 7.625% 15/09/20141,200,0001.187,168,770FIAT FINANCE AND TRADE LTD 7.75% 17/10/20166,750,0001.156,988,800FIAT INDUSTRIAL FINANCIAL EUROPE 6.25%

09/03/20186,240,000

0.281,674,387FMC FINANCE III 6.50% 15/09/20181,430,0000.442,657,376FMC FINANCE VII SA 5.25% 15/02/20212,400,0000.442,674,405GATEGROUPE FINANCE LUX SA 6.75% 01/03/20192,510,0000.0025,000HELLAS TELECOM (LUX) V 0% 15/01/2015

DEFAULTED5,000,000

0.311,892,185LECTA SA FRN 15/05/20181,921,0000.201,222,650LECTA SA 8.875% 15/05/20191,140,0000.503,041,100MATTERHORN MOBILE SA 8.25% 15/02/20202,790,0000.352,098,050NUMERICABLE FINANCE AND CO 8.75% 15/02/20191,970,0000.342,023,500ONTEX IV SA 7.50% 15/04/20181,900,0000.231,374,665ONTEX IV SA 9% 15/04/20191,303,0000.845,048,225PICARD BONDCO SA 9% 01/10/20184,550,0000.593,539,700SPIE BONDCO 3 SCA 11% 15/08/20193,240,0000.523,109,610SUNRISE COMMUNICATIONS INTERNATIONAL S.A

7% 31/12/20172,866,000

0.945,659,850SUNRISE COMMUNICATIONS INTERNATIONAL S.A8.50% 31/12/2018

5,150,000

0.221,335,000TELENET FINANCE LUXEMBOURG SCA 6.25%15/08/2022

1,250,000

0.14848,000TELENET FINANCE LUXEMBOURG SCA 6.625%15/02/2021

800,000

1.146,955,000TLENET FINANCE LUXEMBOURG SCA 6.375%15/11/2020

6,500,000

0.694,163,812WIND ACQUISITION FINANCE SA 11.75% 15/07/20173,975,0000.221,315,575WIND ACQUISITION FINANCE SA 12.25% 15/07/20171,315,5750.905,450,550WIND ACQUISITION FINANCE SA 7.375% 15/02/20185,370,0000.583,487,400XEFIN LUX SCA 8% 01/06/20183,290,0000.321,931,350ZINC CAPITAL SA 8.875% 15/05/20181,805,000


0.995,999,665ABN AMRO BANK NV VAR PERPETUAL7,250,0000.09543,744BOATS INVESTMENT (NETHERLANDS) 0%

31/03/2017510,000

0.664,006,500CONTI GUMMI FINANCE BV 7.125% 15/10/20183,750,0000.804,819,500CONTI GUMMI FINANCE BV 7.50% 15/09/20174,500,0000.502,995,874EDP FINANCE BV 4.75% 26/09/20162,900,0000.623,767,736GMAC INTERNATIONAL FINANCE BV 7.50%

21/04/20153,444,000

0.643,885,609HEIDELBERGER ZEMENT FINANCE BV 8%31/01/2017

3,310,000

0.814,877,300HEIDELBERGER ZEMENT FINANCE BV 9.50%15/12/2018

3,800,000

0.03181,186INTERGEN NV 9.50% 30/06/2017167,0000.13804,750INTERGEN 8.50% 30/06/2017925,0000.11683,975MAGYAR TELECOM BV NLD 9.50% 15/12/20161,255,000


0.261,540,000UPCB FINANCE 7.625% 15/01/20201,400,000

4.0624,503,882Irlanda

0.764,571,700ARDAGH GLASS FINANCE PLC 7.375% 15/10/20174,200,0000.261,554,480ARDAGH GLASS FINANCE PLC 9.25% 01/07/20161,440,0000.613,669,930ARDAGH PACKAGING FINANCE 9.25% 15/10/20203,370,0000.311,846,732FGA CAPITAL IRELAND PLC 5.25% 28/02/20141,800,000

0.603,629,200SPCM SA 5.50% 15/06/20203,440,0000.503,036,719TEREOS EUROPE 6.375% 15/04/20142,875,0000.402,422,521WENDEL INVESTISSEMEN 4.375% 09/08/20172,350,0000.171,053,000WENDEL INVESTISSEMEN 4.875% 21/09/20151,000,0000.623,760,160WENDEL INVESTISSEMEN 4.875% 26/05/20163,550,0000.452,690,550WENDEL INVESTISSEMEN 5.875% 17/09/20192,500,0000.372,248,600WENDEL INVESTISSEMEN 6.75% 20/04/20182,000,000

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1.297,794,765Portugal

0.643,899,765BANCO ESPIRITO SANTO 5.875% 09/11/20153,800,0000.653,895,000CAIXA GERAL DE DEPOSITOS 5.625% 04/12/20153,800,000

2.4014,476,000Suécia

0.482,901,600EILEME 2 AB 11.75% 31/01/20202,480,0000.452,712,500NORCELL SWEDEN HOLDINGS 2 AB 10.75%

29/09/20192,500,000

0.05325,650STENA AB 7.875% 15/03/2020300,0000.965,734,950TVN FINANCE CORP PLC 10.75% 15/11/20175,190,0000.462,801,300VERISURE HOLDING AB 8.75% 01/09/20182,570,000

13.7482,909,105Reino Unido

0.321,936,400ALGECO SCOTSMAN GLOBAL FINANCE PLC 9%15/10/2018

1,880,000

0.563,372,600BARCLAYS BANK PLC LONDON VAR PERPETUAL4,380,0000.603,599,000BARCLAYS BANK PLC LONDON VAR PERPETUAL4,720,0000.744,458,143BOPARAN HOLDINGS LTD 9.875% 30/04/20183,200,0000.523,166,071CARE UK PLC 9.75% 01/08/20172,400,0000.412,483,048CROWN NEWCO 3 PLC 7% 15/02/20181,900,0000.372,234,500EC FINANCE 9.75% 01/08/20172,050,0000.251,529,750ECO BAT FINANCE PLC 7.75% 15/02/20171,450,0000.513,062,312ELLI INVESTMENTS LIMITED 8.75% 15/06/20192,280,0000.503,022,208FULL CIRCLE 9.75% 15/07/20172,275,0000.603,602,758GKN HOLDINGS P.L.C. 5.375% 19/09/20222,820,0000.15887,788HELLERMANN TYTON FINANCE FRN 15/12/2017880,0000.513,055,110HOUSE OF FRASER 8.875% 15/08/20182,360,0000.382,280,450INEOS GROUP HOLDINGS PLC 7.875% 15/02/20162,300,0000.382,266,176INEOS VINYLS FINANCE PLC 9.25% 15/05/20152,112,0000.311,872,457INFINIS 9.125% 15/12/20141,500,0000.583,500,883JAGUAR LAND ROVER PLC 8.125% 15/05/20182,566,0000.543,282,579JAGUAR LAND ROVER PLC 8.25% 15/03/20202,400,0000.442,649,600KERLING PLC 10.625% 28/01/20172,760,0000.311,898,974LBG CAPITAL N°2 PLC 6.385% 12/05/20201,900,0000.412,457,465LBG CAPITAL 11.04% 19/03/20201,700,0000.633,791,868LBG CAPITAL 6.439% 23/05/20203,800,0000.181,076,254LBG CAPITAL 9.334% 07/02/2020790,0000.12735,399LLOYDS TSB BANK PLC VAR PERPETUAL900,0000.171,043,584OLD MUTUAL PLC 5% PERPETUAL1,125,0000.11654,482OLD MUTUAL PLC 6.376% PERPETUAL600,0000.422,555,565RBS CAPITAL TRUST A VAR PERPETUAL3,663,0000.452,695,860R&R ICE CREAM PLC 8.375% 15/11/20172,448,0000.321,950,400ROYAL BANK OF SCOTLAND PLC VAR PERPETUAL2,300,000

1.247,508,322VIRGIN MEDIA FINANCE PLC 5.125% 15/02/20226,000,0000.714,279,099VIRGIN MEDIA FINANCE PLC 8.875% 15/10/20193,062,000



1.9411,721,740AMUNDI TRESO COURT TERME PART C6244.5127,201,327AMUNDI TRESO 3 MOIS26


1.086,503,550OI EUROPEAN 6.75% 15/09/20205,730,0000.301,795,361PHOENIX PIB FINANCE 9.625% 15/07/20141,635,0000.372,203,625REFRESCO GROUP BV 7.375% 15/05/20182,125,0000.784,692,640SCHAEFFLER FINANCE BV 7.75% 15/02/20174,220,0000.311,843,200SCHAEFFLER FINANCE BV 8.75% 15/02/20191,600,0000.442,673,750THYSSENKRUPP FINANCE NEDERLAND 8.50%

25/02/20162,300,000

0.301,808,442TMF GROUP HOLDING FRN 01/12/20181,800,0000.13811,575TMF GROUP HOLDING 9.875% 01/12/2019800,0000.603,600,600UPC HOLDING BV 6.375% 15/09/20223,530,0000.855,105,100UPC HOLDING BV 8.375% 15/08/20204,550,0000.432,619,050UPC HOLDING BV 9.75% 15/04/20182,450,0000.674,015,000ZIGGO 8% 15/05/20183,650,000

0.633,819,300Polónia

0.633,819,300CYFROWY POLSAT SA 7.125% 20/05/20183,480,000


0.08468,700CET 21 SPOL S R O 9% 01/11/2017430,000

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0.301,201,878Bens de Lazer

0.14541,875CCO HOLDINGS LLC 7% 15/01/2019500,0000.14562,500CCO HOLDINGS LLC 8.125% 30/04/2020500,0000.0297,503COMCAST CORP 6.40% 01/03/204075,000

Bond US Opportunistic Core Plus

78





0.12474,014Acções0.12474,014Seguros Não Vida

0.08311,290METLIFE EQUITY UNITS 20117,0000.04162,724METLIFE INC4,940

56.93228,253,658Obrigações0.17667,605Automóveis e Peças Sobressalentes

0.13508,680CHRYSLER GROUP LLC FRN 24/05/2017497,4870.0277,175GOODYEAR TIRE & RUBB 8.25% 15/08/202070,0000.0281,750TENNECO INC 7.75% 15/08/201875,000

3.7615,090,005Bancos

0.10389,277ABBEY NATIONAL TREASURY SERVICES 3.875%10/11/2014

375,000

0.06238,886BANK OF AMERICA CORP FRN 15/06/2016250,0000.0128,591BANK OF AMERICA CORP 5% 13/05/202125,0000.07284,996BANK OF AMERICA CORP 5.625% 01/07/2020240,0000.0287,360BANK OF AMERICA CORP 5.65% 01/05/201875,0000.261,025,700BANK OF AMERICA CORP 6% 01/09/2017875,0000.09346,018BANK OF AMERICA CORP 6.10% 15/06/2017300,0000.04167,897BANK OF AMERICA CORP 7.375% 15/05/2014155,0000.0139,265BARCLAYS BANK PLC LONDON 5% 22/09/201635,0000.03134,375CIT GROUP INC 5.25% 15/03/2018125,0000.18706,353CITIGROUP INC FRN 15/05/2018700,0000.251,020,144CITIGROUP INC 6% 15/08/2017865,0000.05209,967CITIGROUP INC 6.125% 15/05/2018175,0000.14567,500CITIGROUP INC 6.625% 01/04/2018500,0000.04150,217CITIGROUP INC 8.125% 15/07/2039100,0000.03134,639CITIGROUP INC 8.50% 22/05/2019100,0000.0293,265DISCOVER BANK NEW 7% 15/04/202075,0000.11441,041GOLDMAN SACHS GROUP INC 6.15% 01/04/2018375,0000.05211,860GOLDMAN SACHS GROUP 3.625% 07/02/2016200,0000.0159,502GOLDMAN SACHS GROUP 6% 15/06/202050,0000.11423,250HSBC BANK PLC 3.10% 24/05/2016400,0000.13513,978JP MORGAN CHASE AND C 4.625% 10/05/2021450,0000.311,257,631JP MORGAN CHASE CAP XIII FRN 30/09/20341,525,0000.311,244,293JP MORGAN CHASE CAPITAL XXII FRN 02/02/20371,600,0000.03118,509JP MORGAN INTERNATIONAL DERIVATIVES

(JERSEY) LTD 6% 01/10/2017100,000

0.05199,732JPMORGAN CHASE BANK NA 5.875% 13/06/2016175,0000.291,179,567LLOYDS TSB BANK PLC 0% 13/02/20131,180,0000.632,498,707LLOYDS TSB BANK PLC 0% 14/03/20132,500,0000.12475,760MORGAN STANLEY FRN 18/10/2016500,0000.03138,448MORGAN STANLEY 5.45% 09/01/2017125,0000.06225,355MORGAN STANLEY 5.50% 24/07/2020200,0000.0130,420MORGAN STANLEY 7.30% 13/05/201925,0000.11447,502NATIONAL AUSTRALIA BANK LTD 2.75% 09/03/2017425,000

0.391,572,619Bebidas

0.04150,167ANHEUSER BUSCH COMPA 4.375% 15/01/2013150,000

0.311,260,483ANHEUSER BUSCH INBEV WORLDWIDE 2.50%15/07/2022

1,250,000

0.04161,969COCA COLA ENTERPRISE 7.375% 03/03/2014150,000


0.0285,775CENTERPOINT ENERGY HOUSTON ELECTRIC6.15% 01/05/2016

75,000

0.0126,750EDISON MISSION ENERGY 7% 15/05/201750,0000.0152,445ENTERGY CORP 3.60% 01/06/201550,0000.03139,225EXELON GENERATION 5.75% 01/10/2041125,0000.291,145,000MIRANT AMERICAS GENERATION 8.50% 01/10/20211,000,0000.17690,678NISOURCE FINANCE CORPORATION 5.25%

15/02/2043650,000

0.03122,866NISOURCE FINANCE CORPORATION 6.80%15/01/2019

100,000

0.311,226,489PNM RESOURCES INC 9.25% 15/05/20151,070,0000.11431,836PUBLIC SERVICE CO OF NEW MEXICO 7.95%

15/05/2018355,000

0.17670,625TEXAS COMPETITIVE ELECTRIC HOLDINGS FRN10/10/2017

1,000,000

0.04177,460Bens Pessoais

0.04177,460PROCTER AND GAMBLE C 4.70% 15/02/2019150,000


0.04157,473GLAXOSMITHKLINE CAPITAL INC 4.375% 15/04/2014150,000

1.997,976,845Fundos de Investimento em Bens Imobiliários

0.07274,366HEALTH CARE PROPERTY 2.625% 01/02/2020275,0000.19744,990HEALTH CARE PROPERTY 3.75% 01/02/2019705,000


0.22870,221BARBABAS HEALTH SYSTEMS 4% 01/07/2028900,0000.18705,375CHS COMMUNITY HEALTH SYSTEM 5.125%

15/08/2018675,000

0.401,633,150HCA 7.25% 15/09/20201,468,0000.18734,198HCA 7.875% 15/02/2020657,0000.001,594US ONCOLOGY INC 0% 15/08/2017 DEFAULTED75,000

0.0159,375Engenharia Industrial

0.0159,375CASE NEW HOLLAND INC 7.875% 01/12/201750,000


0.19748,369CENTERPOINT ENERGY RESOURCES 6.25%01/02/2037

600,000

0.0291,492PANHANDLE EASTN PIPELINE CO 7% 15/06/201875,0000.03125,233PANHANDLE EASTN PIPELINE CO 8.125%

01/06/2019100,000

0.07278,148SPECTRA ENERGY PARTNERS 7.50% 15/09/2038200,0000.03119,424TENNESSEE GAS PIPELINE CO 8% 01/02/2016100,0000.18720,860TENNESSEE GAS PIPELINE CO. 8.375% 15/06/2032500,0000.0130,972WILLIAMS COMPANIES INC 7.875% 01/09/202124,000

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0.05183,966Retalho Geral

0.05183,966WAL MART STORES INC 5.80% 15/02/2018150,000

1.656,602,015USA T-BONDSI 0.125% 15/04/20176,050,0001.817,259,506USA T-BONDSI 0.50% 15/04/20156,515,0000.271,082,441USA T-BONDSI 0.625% 15/04/2013990,0001.415,670,557USA T-BONDSI 1.25% 15/04/20145,030,0000.552,201,863USA T-BONDSI 1.625% 15/01/20151,710,0000.19768,198USA T-BONDSI 1.875% 15/07/2013600,0000.18711,119USA T-BONDSI 2% 15/01/2016550,0000.15586,154USA T-BONDSI 2.125% 15/02/2041375,000

0.04141,854Metais Industriais e Minério

0.0270,695ARCELORMITTAL SA 7% 15/10/203975,0000.0271,159SOUTHERN COPPER CORP 7.50% 27/07/203555,000

0.05200,067HEALTH CARE PROPERTY 5.625% 01/05/2017175,0000.06229,961HEALTH CARE PROPERTY 6% 30/01/2017200,0000.0298,164HEALTH CARE PROPERTY 6.30% 15/09/201685,0000.19750,284HEALTH CARE REIT INC 2.25% 15/03/2018750,0000.17700,183HEALTH CARE REIT INC 4.125% 01/04/2019650,0000.05195,415HEALTH CARE REIT INC 4.70% 15/09/2017175,0000.0287,972HEALTH CARE REIT INC 6.125% 15/04/202075,0000.0157,221HEALTH CARE REIT INC 6.50% 17/01/201750,0000.13523,357HEALTHCARE REALTY TRUST INC 5.125%

01/04/2014500,000

0.06225,143HEALTHCARE REALTY TRUST INC 5.75% 15/01/2021200,0000.04154,732KIMCO REALTY CORP 5.19% 01/01/2013150,0000.0153,817LIBERTY PROPERTY TRU 5.125% 02/03/201550,0000.23929,584SL GREEN REALTY CORP 5% 15/08/2018855,0000.11436,464UNITED DOMINIUM REALTY TRUST 4.25%

01/06/2018400,000

0.0126,029UNITED DOMINIUM REALTY TRUST 5.13%15/01/2014

25,000

0.0126,883UNITED DOMINIUM REALTY TRUST 5.25%15/01/2015

25,000

0.11430,558VENTAS REALTY LP/VENTAS CAPL 4% 30/04/2019400,0000.08328,633VENTAS REALTY LP/VENTAS CAPL 4.75%

01/06/2021300,000

0.11457,153WEA FINANCE LLC 5.70% 01/10/2016400,0000.261,045,869WESTFIELD CAPITAL CORP LTD 5.125% 15/11/2014975,000

0.05199,121Investimentos e Serviços Imobiliários

0.05199,121POST APARTMENT HOMES 4.75% 15/10/2017180,0000.682,711,992Gás, Água e Múltiplos Serviços

0.07277,176BAY AREA TOLL AUTHORITY CALIFORNIA 6.263%PERPETUAL

200,000

0.19745,696FLORIDA GAS TRANSMISSION 3.875% 15/07/2022700,0000.18721,357ONCOR ELECTRIC DELIVERY CO 5.25% 30/09/2040650,0000.13537,138SABINE PASS LNG 7.50% 30/11/2016485,0000.11430,625SOUTHERN UNION CO FRN PERPETUAL500,000

32.75131,328,049Governos

2.068,264,889FEDERAL HOME LOAN BANKS 0% 04/01/20138,265,0000.803,198,267FEDERAL HOME LOAN BANKS 0% 05/06/20133,200,0001.465,834,768FEDERAL HOME LOAN BANKS 0% 11/01/20135,835,0000.953,818,926FEDERAL HOME LOAN BANKS 0.50% 08/01/20163,815,0000.712,845,452FEDERAL HOME LOAN BANKS 0.50% 16/10/20152,845,0000.803,226,680FEDERAL HOME LOAN BANKS 0.55% 13/11/20153,225,0000.25994,984HOUSTON TEXAS 6.29% 01/03/2032800,0000.03129,878NEW YORK CITY MUNICIPAL WATER 5.724%

15/06/2042100,000

0.03100,880NEW YORK CITY MUNICIPAL WATER 6.011%15/06/2042

75,000

0.03135,006NORTH TEXAS TOLLWAY AUTHORITY 6.718%PERPETUAL

100,000

0.0153,279SAN DIEGO COUNTY CALIFORNIA 6.138%PERPETUAL

40,000

0.09357,762STATE OF CALIFORNIA 5.70% 01/11/2021300,0000.04172,203STATE OF CALIFORNIA 5.75% 01/03/2017150,0000.10398,231STATE OF CALIFORNIA 6.20% 01/03/2019330,0000.14577,120STATE OF CALIFORNIA 7.55% 01/04/2039400,0000.22877,122STATE OF CALIFORNIA 7.60% 01/11/2040600,0000.09345,758STATE OF ILLINOIS 4.35% 01/06/2018325,000

0.0126,555STATE OF ILLINOIS 4.421% 01/01/201525,0000.07264,938STATE OF ILLINOIS 4.95% 01/06/2023250,0000.311,238,490STATE OF ILLINOIS 6.20% 01/07/20211,100,0000.783,128,567USA T-BILLS 0% 06/06/20133,130,0000.491,949,179USA T-BILLS 0% 11/04/20131,950,0002.7511,047,899USA T-BONDS 0.25% 15/05/201511,060,0000.391,544,354USA T-BONDS 0.75% 30/06/20171,535,0007.6830,845,683USA T-BONDS 0.75% 31/10/201730,740,0000.431,722,845USA T-BONDS 0.875% 31/01/20171,700,0000.903,621,650USA T-BONDS 1.625% 15/08/20223,645,0001.536,118,320USA T-BONDS 1.625% 15/11/20226,185,0000.19757,774USA T-BONDS 2% 15/11/2021730,0002.5010,058,608USA T-BONDS 2.75% 15/08/204210,415,0000.702,790,129USA T-BONDS 3.50% 15/02/20182,450,000

0.0130,142Produtores Alimentares

0.0014,509KRAFT FOODS INC 5.375% 10/02/202012,0000.0115,633KRAFT FOODS INC 5.375% 10/02/202013,000

0.18723,168Produtos Industriais Gerais

0.18723,168GENERAL ELECTRIC CO 4.125% 09/10/2042700,000

0.11430,100Prospecção Mineira

0.11430,100ARCH COAL INC 7% 15/06/2019460,000


0.18707,000LINN ENERGY LLC 6.25% 01/11/2019700,0000.13530,458PHILLIPS 66 2.95% 01/05/2017500,0000.0291,334VALERO ENERGY CORP 6.125% 01/02/202075,000


0.06259,718BERKSHIRE HATHAWAY FINANCE CORP 4.40%15/05/2042

250,000

0.04154,290BERKSHIRE HATHAWAY FINANCE CORP 5%15/08/2013

150,000

0.06220,720BERKSHIRE HATHAWAY I 3.75% 15/08/2021200,0000.0294,597METLIFE INC 6.817% 15/08/201875,000

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0.17689,000CONTINENTAL AIRLINES 6.25% 11/04/2020650,0000.22847,454CONTINENTAL AIRLINES 7.256% 15/03/20201,490,0000.0017,191CONTINENTAL AIRLINES 7.707% 02/04/202125,0000.05210,937CONTINENTAL AIRLINES 8.048% 01/11/2020350,0000.0296,069DELTA AIR LINES INC 6.20% 02/07/2018100,000

0.21817,500US AIRWAYS GROUP INC 5.90% 01/10/2024750,000

0.07269,760Obrigações convertíveis0.07262,327Seguros de Vida

0.07262,327PRUDENTIAL HOLDINGS LLC 8.695% 18/12/2023200,000

0.007,433Tecnologia, Hardware e Equipamentos

0.007,433SYNAPTICS INC 0.75% 01/12/2024 CV7,000

43.58174,712,385Títulos apoiados em hipotecas e activos0.12473,158Bancos

0.08309,603BANK OF AMERICA CORP VAR 25/01/20342,800,0000.04163,555WELLS FARGO AND CO FRN 25/10/2035580,000


0.17671,760ACADEMIC LOAN FUNDING TRUST FRN 27/12/2044725,0000.16637,288ACCREDITED MORTGAGE LOAN TRUST FRN

25/02/20371,200,000

0.19749,717ACE SECURITIES CORP HOME LOAN TRUST FRN25/06/2036

1,700,000

0.18707,459ACE SECURITIES FRN 25/03/20371,490,0000.09355,517ACS 2007-1 PASS THROUGH TRUST FRN

14/06/2037585,000

0.10401,626ADJUSTABLE RATE MORTGAGE TRUST FRN25/07/2035

700,000

0.20800,000ALM LOAN FUNDING 2012-7A FRN 19/10/2024800,0000.10412,028AMERICAN HOME MTG INVT TR VAR 25/09/20451,600,0000.09348,575ASSET BACKED FUNDING CORP FRN 25/11/2036548,0000.15586,007BABCOCK & BROWN AIR FUNDING LTD FRN

14/11/2033900,000

0.11451,005BANC OF AMERICA COML MTG INC 4.857%10/07/2043

415,000

0.13516,378BANC OF AMERICA COML MTG INC 5.115%10/10/2045

465,000

0.261,049,208BANC OF AMERICA FDG 2006-D TR. VAR 20/05/20363,150,0000.07289,679BANC OF AMERICA FUNDING CORP FRN 20/07/2036585,0000.21824,688BAYVIEW COMMERCIAL ASSET TRUST FRN

25/01/20354,000,000

0.19753,574BAYVIEW FINANCIAL FRN 25/12/20361,725,0000.15602,037BEACN 2012-1A A 2027 3.72% 20/09/2027600,0000.18703,202BEAR STEARNS ALT A TRUST 2005-1 VAR

25/01/20357,000,000

0.07269,358BEAR STEARNS ALT FRN 25/11/20343,600,0000.13516,881BEAR STEARNS CMS TRUST 2005 - TOP20 VAR

12/10/2042465,000

1.566,236,707Governos

0.602,376,607FANNIE MAE GUARANTD REMIC PTGH VAR25/08/2022

2,270,000

0.421,699,867FANNIE MAE GUARANTD REMIC PTGH VAR25/10/2022

1,625,000

0.421,693,809FANNIE MAE GUARANTD REMIC PTGH 6%01/10/2040

2,760,000

0.12466,424FEDERAL HOME LOAN BANKS 3.974% 25/01/2021405,000


0.07275,754PANHANDLE EASTN PIPELINE CO FRN 01/10/2037290,000

0.04170,346Suportes

0.03140,663NBC UNIVERSAL 4.375% 01/04/2021125,0000.0129,683NBC UNIVERSAL 5.15% 30/04/202025,000

0.702,811,922FANNIE MAE 0.625% 22/02/20162,810,0000.853,419,443FANNIE MAE 0.625% 23/05/20163,415,0000.943,785,727FANNIE MAE 0.65% 30/04/20153,780,0000.923,694,460FANNIE MAE 8.95% 12/02/20182,650,0000.973,884,995FREDDIE MAC 0% 07/01/20133,885,0002.7410,994,866FREDDIE MAC 0% 20/05/201311,000,0000.321,302,315GENERAL ELECTRIC CAP CORP FRN 05/05/20261,500,0000.07273,057GENERAL ELECTRIC CAP CORP FRN 15/08/2036350,0000.19778,441GENERAL ELECTRIC CAP CORP 2.10% 11/12/2019775,0000.04167,684GENERAL ELECTRIC CAP CORP 4.375% 16/09/2020150,0000.0159,274GENERAL ELECTRIC CAP CORP 5.50% 08/01/202050,0000.0268,203GENERAL ELECTRIC CAP CORP 6.875% 10/01/203950,0000.13525,724GENESIS FUNDING LTD FRN 19/12/2032730,0000.07265,459GINNIE MAE REMIC PASSTHRU SECS FRN

20/10/2035600,000

0.12475,154GS HOLDINGS CORP 6.099% 25/03/20371,000,0000.17678,419HARBORVIEW MORTGAGE LN TR 06-9 FRN

21/08/20363,000,000

0.03130,703INTL LEASE FINANCE CORP 5.65% 01/06/2014125,0000.07268,125INTL LEASE FINANCE CORP 6.50% 01/09/2014250,0000.04150,222JOHN DEERE CAPITAL CORP 5.10% 15/01/2013150,0000.12481,868MERRILL LYNCH WORLD MINING FRN 25/04/20372,500,0000.04143,441MIRANT CORP 10.06% 30/12/2028130,0000.853,392,205RBS HOLDINGS USA INC 0% 19/03/20133,395,0000.15588,790RESIDENTIAL ASSET MORTGAGE 6% 25/04/20371,500,000

0.05176,195VERIZON COMMUNICATIO 5.50% 01/04/2017150,000

0.17678,079Telecomunicações Móveis

0.03116,829INTELSAT (BERMUDA) LTD 11.50% 04/02/2017109,5700.14561,250INTELSAT JACKSON 8.50% 01/11/2019500,000

0.07269,435Telecomunicações de Linha Fixa

0.0293,240TELECOMITALIA FINANCE 7.175% 18/06/201980,000


0.24963,271BANC OF AMERICA COML MTG INC VAR 10/09/2047863,0000.22875,849BEAR STEARNS ASSET BACKED SEC VAR

25/06/20472,000,000

0.662,639,984FANNIE MAE 0% 23/01/20132,640,0000.793,170,577FANNIE MAE 0.50% 06/11/20153,170,0000.381,532,254FANNIE MAE 0.50% 22/10/20151,530,000

0.271,089,695METROPOLITAN LIFE INSURANCE 3.875%11/04/2022

1,000,000

0.12485,026NATIONWIDE MUTUAL INSURANCE VAR 15/12/2024500,000

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0.07263,162CITIGROUP MORTGAGE LOAN TRUST CMLTI5.775% 25/09/2036

340,000

0.21849,062COMMERCIAL MORTGAGE TRUST 4.982%10/05/2043

775,000

0.09357,679COMMERCIAL MORTGAGE TRUST 6.975%17/01/2032

765,000

0.06224,147COUNTRYPLACE MANUFACTURED HOUSING5.846% 15/07/2037

250,000

0.22874,733COUNTRYWIDE HOME LOANS INC VAR 25/03/20373,000,0000.17685,433COUNTRYWIDE HOME LOANS INC VAR 25/09/20471,850,0000.04148,963CREDIT BASED ASSET SERVICING AND

SECURITIZATION LLC FRN 25/12/2033300,000

0.05199,079CREDIT BASED ASSET SERVICING ANDSECURITIZATION LLC VAR 25/01/2033

1,275,000

0.07277,329CREDIT SUISSE COML MTG TR 5% 25/04/20371,500,0000.10403,764CRONOS CONTAINERS PROGRAM 2012-1A A 3.81%

18/09/2027400,000

0.08313,062CRONOS CONTAINERS PROGRAM 2012-1A A 4.21%18/05/2022

325,000

0.421,670,046DBRR TRUST 0.946% 25/09/20451,685,0000.05216,210DBRR TRUST 4.537% 12/05/2021185,0000.20806,622EDUCATIONAL FUNDING OF THE SOUTH FRN

25/04/2035800,000

0.21851,099EDUSA 2012-2 FRN 25/04/2039850,0000.06238,827EFS VOLUNTEER LLC FRN 25/10/2035250,0000.361,440,766FANNIE MAE FRN 25/06/202949,427,8471.084,364,298FANNIE MAE 2.50% 01/11/20224,240,0000.401,605,786FANNIE MAE 2.646% 01/10/20221,535,0000.953,840,416FANNIE MAE 3% 01/11/20323,675,0001.295,200,221FANNIE MAE 3% 01/12/20324,955,0004.7519,086,357FANNIE MAE 3% 25/10/204218,210,0000.351,394,849FANNIE MAE 3.521% 01/12/20201,255,0000.411,632,300FANNIE MAE 4.40% 01/02/20201,405,0000.421,699,332FANNIE MAE 5.177% 01/05/20191,805,0001.154,643,963FNB CORP INC 2.50% 25/12/20274,440,0000.271,075,076FNMA VAR 01/01/2021939,4300.10398,379FNMA VAR 25/03/20386,400,0000.08309,134FNMA VAR 25/03/20388,000,0000.501,987,577FNMA 3% 01/03/20272,040,0000.793,162,801FNMA 3% 01/05/20273,150,0000.22866,339FNMA 3.50% 01/01/20261,005,0000.20814,474FNMA 3.50% 01/01/20261,020,0000.10391,504FNMA 3.584% 01/09/2020360,0000.18738,716FNMA 3.665% 01/10/2020675,000

0.431,743,947FNMA 3.763% 12/01/20201,570,0000.261,052,511FNMA 3.794% 01/12/2020953,9470.0260,813FNMA 3.841% 01/09/202055,0000.281,114,980FNMA 4% 01/10/20411,150,0000.15598,033FNMA 4.303% 01/07/2021520,0000.12491,200FNMA 4.50% 01/07/2041485,0000.10401,990FNMA 5.50% 01/12/2033905,0000.07299,583FREDDIE MAC FRN 15/07/20332,500,0000.361,429,777FREDDIE MAC 2.373% 25/05/20401,400,0000.512,058,786FREDDIE MAC 2.50% 01/11/20271,975,0000.923,743,897FREDDIE MAC 3% 01/01/20433,580,0001.124,533,305FREDDIE MAC 3% 01/11/20424,345,0000.923,710,732FREDDIE MAC 3% 01/11/20423,555,0000.682,742,377FREDDIE MAC 3% 15/09/20422,660,0000.622,482,925FREDDIE MAC 3% 15/09/20422,410,0000.291,170,765FREDDIE MAC 3.50% 01/07/20261,315,0000.421,673,749FREDDIE MAC 4% 01/03/20411,670,0000.22883,605FREDDIE MAC 4% 01/03/2041920,0000.14559,829FREDDIE MAC 4.50% 01/01/2040740,0000.371,491,393FREDDIE MAC 4.50% 01/02/20411,565,0000.271,063,507FREDDIE MAC 5% 15/01/20332,500,0000.251,017,907FREDDIE MAC 5.939% 01/11/20171,800,0000.06221,090GE BUSINESS LOAN TRUST FRN 15/06/2033325,0000.05215,713GE SEACO FINANCE FRN 17/11/2020750,0000.09361,519GNMA GOVERNMENT NATIONAL MORTGAGE

ASSOCIATION VAR 20/07/203612,000,000

0.17666,648GNMA GOVERNMENT NATIONAL MORTGAGEASSOCIATION VAR 20/12/2040

7,000,000

0.10393,220GNMA GOVERNMENT NATIONAL MORTGAGEASSOCIATION 3.50% 20/01/2038

3,500,000

2.309,241,274GOVERNMENT NATIONAL MORTGAGEASSOCIATION GNMA II 3% 01/01/2043

8,690,000

0.09346,533GREEN T G2 FUND LTD 7% 15/03/2027750,0000.251,013,431GREENWICH CAP COML FDG CORP 5.317%

10/06/2036990,000

0.19742,206GS MORTGAGE SECURITIES CORPORATION II3.707% 10/08/2044

665,000

0.11425,499GSAMP 2006 HE5 FRN 25/08/2036895,0000.532,111,351GSR MORTGAGE LN TRST 2006-AR2 VAR

25/04/20365,750,000

0.23932,137GSR 2007-AR2 2A1 VAR 25/05/20372,400,0000.13534,334HARBORVIEW MORTGAGE VAR 19/06/2034830,0000.06238,982HOUSEHOLD HOME EQUITY FRN 20/01/2036900,0000.06225,599HSBC HOME EQUITY LN TR. USA FRN 20/03/2036400,0000.21858,193HSI ASSET SECURITIZATION CORP FRN 25/12/20351,700,0000.271,099,627INDYMAC IMSC MORTGAGE LOAN TRUST 2007-

HOA1 VAR 25/04/20372,500,000

0.21850,000ING INVESTMENT MANAGEMENT CLO LTD FRN15/10/2023

850,000

0.14548,305IOWA STUDENT LOAN LIQUIDITY CORPORATIONFRN 25/06/2042

600,000

0.271,064,728J P MORGAN CHASE COML MTG SECS 5.399%15/05/2045

925,000

0.281,109,580JP MORGAN CHASE COMMERCIAL MORTGAGESECURITIES VAR 15/02/2051

1,205,000

0.23915,692JP MORGAN CHASE COMMERCIAL MORTGAGE2005-LDP5 VAR 15/12/2044

820,000

0.21857,591BEAR STEARNS COMPANIES INC VAR 25/08/20472,000,0000.13503,134BEARS STEARNS COMMERCIAL MORTGAGE VAR

11/03/2039445,000

0.14547,721BRAZOS HIGHER ED AUTH INC FRN 27/10/2036550,0000.15596,524BRAZOS HIGHER ED AUTH INC VAR 26/12/2035650,0000.23903,114CAL FUNDING II LTD 3.47% 25/10/2027900,0000.15590,316CENTEX HOME EQUITY LOAN TRUST 2006-A FRN

25/06/2036720,000

0.03113,954CIT EDUCATION LOAN TRUST 2007-1 FRN25/03/2042

200,000

0.20793,916CITIGROUP COMMERCIAL MTGE TRST VAR15/04/2040

755,000

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82



0.06221,428MORGAN STANLEY ABS CAPITAL I TR07-HQ133.224% PERPETUAL

205,000

0.05189,385MORGAN STANLEY ABS CAPITAL I TR07-HQ134.118% PERPETUAL

165,000

0.10416,137MORGAN STANLEY CAPITAL I INC 4.89% 12/06/2047380,0000.06220,997MORGAN STANLEY CAPITAL I TRUST 2007-IQ15

VAR PERPETUAL190,000

0.291,166,361MORGAN STANLEY CAPITAL TRUST VAR 12/08/20411,005,0000.15603,918MORTGAGEIT TRUST FRN 25/02/20352,700,0000.08310,182NCUA GUARANTEED NOTES FRN 05/11/2020370,0000.12489,060NCUA GUARANTEED NOTES FRN 07/10/2020740,0000.07288,631NCUA GUARANTEED NOTES FRN 08/12/2020340,0000.06234,883NCUA GUARANTEED NOTES FRN 08/12/2020280,0000.11439,699NCUA GUARANTEED NOTES TRUST 2010 R2 FRN

06/11/2017740,000

0.10399,550NCUA GUARANTEED NOTES VAR 06/02/2020510,0000.20785,000NEPTUNE FINANCE CCS LTD FRN 20/04/2020800,0000.17701,327NEW CENTURY HOME EQUITY 2005 1 FRN

25/09/2035720,000

0.20800,000OAK HILL CREDIT PARTN IV LTD FRN 20/11/2023800,0000.05208,786PARK PLACE SECURITIES INC FRN 25/09/2035830,0000.05204,025PRIME MORTGAGE 5% 25/08/20342,000,0000.20800,152PROVIDENT FUNDING MORTGAGE LAON TRUST

VAR 25/10/20355,080,000

0.08314,498RASC SERIES 2006 EMX1 TRUST FRN 25/01/20363,160,0000.25987,832RESIDENTIAL ACCREDIT LOANS INC VAR

25/07/20353,900,000

0.19748,514SCHOLAR FUNDING TRUST VAR 28/03/2046775,0000.08333,703SLM STUDENT LOAN TRUST 2011-2 FRN 25/03/2025325,0000.15618,408SLM STUDENT LOAN TRUST 2011-2 FRN 25/10/2034600,0000.13519,196STRUCTURED ASSET SECURITIES CORP FRN

25/03/20352,850,000

0.07297,661STRUCTURED ASSET SECURITIES CORP VAR25/11/2033

1,005,000

0.09343,852TAL ADVANTAGE FRN 20/04/20211,050,0000.05213,273TAL ADVANTAGE 4.31% 20/05/2026250,0000.10411,402TEXTAINER GROUP HOLDINGS LTD 4.70%

15/06/2026475,000

0.06239,050TEXTAINER MARINE CONTAINERS LT FRN15/05/2020

1,000,000

0.0295,747TRINITY RAIL LEASING IV LP 5.27% 14/08/2027150,0000.06234,722TRIP NAIL MASTER FUND 4.37% 15/07/2021265,0000.08320,267TRITON CONTAINER FIN FRN 26/02/20191,200,0000.08320,480TRITON CONTAINER FIN FRN 26/11/2021836,000

0.281,139,997WAMU MGT PASSTHRU CERT06-AR7 VAR25/07/2046

3,500,000

0.23935,438WAMU MORTGAGE PASS-THROUGH CER FRN25/08/2045

5,200,000

0.251,010,667WAMU MORTGAGE PASS-THROUGH CER FRN25/11/2045

4,000,000

0.19764,678WAMU MORTGAGE PASS-THROUGH CER FRN25/12/2045

3,900,000

0.251,001,654WAMU MORTGAGE PASS-THROUGH CER VAR25/01/2046

4,200,000

0.311,230,747WAMU PASS TROUGH CERTIFICATE FRN25/10/2045

5,708,325

0.281,114,278WASHINGTON MUTUAL MORTGAGE SEC FRN25/06/2037

2,700,000

0.0284,646WELLS FARGO HOME EQUITY ASSET FRN25/05/2036

1,500,000

0.19749,445WFHET 2004-2 WELLS FRGO HOME 3.667%15/11/2044

675,000

0.17687,965WFHET 2004-2 WELLS FRGO HOME 5% 25/05/2034810,000

0.00-Warrants, direitos0.00-Serviços Financeiros

0.00-HYPOTECARIA SU CASITA CERTIFICAT CLASS I525



4.7819,158,708TCW EMERGING MARKETS INCOME OUCAPITALISATION

155,408


0.04169,585JP MORGAN MORTGAGE TRUST 5% 25/06/20211,000,0000.291,144,838LB UBS COMMERC MORTG 4.475% 15/10/20293,160,0000.18730,303LEHMAN XS TRUST VAR 25/05/20461,800,0000.301,196,126MERRIL LYNCH MORTGAGE INVESTORS TRUST

FRN 25/08/20361,250,000

0.22865,934MERRILL LYNCH MTG BACKED SECS 2007-2 VAR25/08/2036

2,500,000

0.24945,055MLCC MORTGAGE INVESTORS VAR 12/01/2044845,0000.15606,535MONT HGHR EDUC ASS STUD LN REV FRN

20/07/2043650,000

0.15616,149JP MORGAN MORTGAGE TRUST VAR 25/01/20371,200,0000.06229,566JP MORGAN MORTGAGE TRUST VAR 25/07/2035710,000

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Bond Europe

83





114.01148,244,577Obrigações

3.684,786,320Áustria

3.684,786,320AUSTRIA 4.65% 15/01/20184,000,000

6.528,483,950Bélgica

1.241,612,050BELGIUM 3.50% 28/03/20151,500,0003.454,486,400BELGIUM 3.50% 28/06/20174,000,0001.832,385,500BELGIUM 4.25% 28/09/20222,000,000

0.45583,544Dinamarca

0.45583,544DONG ENERGY AS VAR PERPETUAL520,000

14.3418,651,612França

0.29371,380BANQUE PSA FINANCE 3.625% 17/09/2013400,0000.911,179,710BPCE SA VAR PERPETUAL1,000,0000.63816,360BPCE SA 2% 24/04/2018800,0000.21277,680CREDIT LOGEMENT SA VAR PERPETUAL500,0001.291,681,395FRANCE OAT 3.25% 25/10/20211,500,0002.653,442,290FRANCE OAT 3.50% 25/04/2020 STRIPS3,000,0003.574,660,470FRANCE OAT 3.75% 25/04/20174,100,0002.983,875,850FRANCE OAT 4.50% 25/04/20413,000,0000.002,496FRANCE OAT 4.75% 25/04/20351,900

1.151,490,749LA MONDIALE VAR PERPETUAL1,850,0000.66853,232VINCI VAR PERPETUAL800,000

1.862,423,684Alemanha

0.26339,624ALLIANZ SE VAR 17/10/2042300,0001.041,354,550GERMANY BUND 4% 04/01/20371,000,0000.56729,510MUNCHENER RUCKVERSIC VAR 26/05/2042600,000

0.36463,211Guernsey

0.36463,211CREDIT SUISSE GROUP FINANCE 1.625%06/03/2015

600,000

5.457,081,562Irlanda

0.31407,368AIB MORTGAGE BANK 3.125% 04/12/2015400,0000.58757,039ALLIED IRISH BANKS PLC FRN 15/03/20131,000,0001.171,526,865BANK OF IRELAND MORTGAGE BANK 3.125%

20/11/20151,500,000

1.271,646,325IRELAND 5.90% 18/10/20191,500,0001.592,050,500IRISH LIFE & PERMANENT 4% 10/03/20152,000,0000.53693,465RZD CAPITAL LIMITED 5.70% 05/04/2022800,000

30.1539,191,888Itália

0.49638,862ASSICURAZIONI GENERALI VAR 12/12/2042600,0000.781,019,830BANCO POPOLARE 3.875% 31/03/20141,000,0000.791,030,880INTESA SANPAOLO SPA 4.375% 15/10/20191,000,0001.361,766,436ITALY BTP 4.50% 01/02/20201,700,0002.463,198,390ITALY BTP 4.75% 01/05/20173,000,0002.573,336,576ITALY BTP 4.75% 01/09/20213,200,0001.221,580,100ITALY BTP 5% 01/03/20221,500,0003.164,103,608ITALY BTP 5% 01/09/20404,100,0002.933,815,000ITALY BTP 5.75% 01/02/20333,500,0006.308,191,999ITALY 3.50% 01/06/20148,000,0004.105,328,600ITALY 4.75% 01/06/20175,000,0000.41536,750SNAM SPA 3.875% 19/03/2018500,0000.58748,902TELECOM ITALIA SPA 4.50% 20/09/2017700,0000.46591,805TELECOM ITALIA SPA 8.25% 21/03/2016500,0000.49632,526UNICREDIT SPA 4.375% 11/09/2015600,0000.48626,184UNICREDIT SPA 6.95% 31/10/2022600,0001.572,045,440UNIONE DI BANCHE ITALIANE 3.75% 30/10/20152,000,000

1.441,878,641Látvia

1.441,878,641LATVIA 2.75% 12/01/20202,500,000


0.64830,962SBERBANK LUX 5.40% 24/03/20171,000,0000.76985,722VTB CAPITAL SA 6% 12/04/20171,200,000


0.24315,333ENEL FINANCE INTERNATIONAL NV 4.875%17/04/2023

300,000

0.34436,732IBERDROLA INTERNATIONAL BV 4.50% 21/09/2017400,0000.32412,040KBC IFIMA NV 3.625% 07/03/2014400,0002.503,260,640NETHERLANDS 2.50% 15/01/20173,000,0000.64829,829TENNET HLD BV 4.50% 09/02/2022700,000

1.752,270,268Polónia

1.752,270,268POLOGNE 3.375% 09/07/20242,200,000

0.921,199,989Eslovenia

0.921,199,989SLOVENIA (REPUBLIC OF) 5.50% 26/10/20221,500,000

20.7827,024,609Espanha

0.33423,004ABERTIS INFRAESTRUCTURAS 4.75% 25/10/2019400,0000.39508,090BANKINTER SA 3.875% 30/10/2015500,0000.39502,735BBVA SENIOR FINANCE SA UNIPERS 3% 22/08/2013500,0000.49632,202CAJA DE AHORROS BARCELONA 5.125% 27/04/2016600,0000.69899,040GAS NATURAL CAPITAL MARKETS SA 5.625%

09/02/2017800,000


400,000

1.081,404,273IBERDROLA FINANZAS SAU 4.75% 25/01/20161,300,0001.231,593,520INSTITUTO DE CREDITO OFICIAL 3.875% 20/05/20161,600,0002.663,458,582INSTITUTO DE CREDITO OFICIAL 4.875% 01/02/20183,400,0003.063,972,720SPAIN 3.15% 31/01/20164,000,0003.104,048,800SPAIN 3.75% 31/10/20154,000,0002.302,990,640SPAIN 3.80% 31/01/20173,000,0001.091,423,492SPAIN 4.25% 31/10/20161,400,0000.791,024,050SPAIN 5.50% 30/04/20211,000,0002.002,602,250SPAIN 6% 31/01/20292,500,0000.58756,977TELEFONICA EMISIONES SAU FRN 04/02/20131,000,0000.25326,130TELEFONICA SA 4.71% 20/01/2020300,000

12.9416,832,467Reino Unido

0.68882,280COVENTRY BUILDING SOCIETY FRN 10/02/2015700,0001.081,399,938CREDIT AGRICOLE SA LONDON BRANCH 5.50%

17/12/20211,000,000

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84



0.42542,877Suécia

0.42542,877SWEDBANK AB 2.125% 29/09/2017700,000

1.331,732,101Suíça

1.331,732,101SWITZERLAND 4.25% 06/01/20142,000,000

2.923,798,089Turquia

2.923,798,089TURKEY 6.25% 26/09/20224,000,000

2.182,829,512Ucrânia

1.421,838,502UKRAINE 7.65% 11/06/20132,400,0000.76991,010UKRAINE 9.25% 24/07/20171,200,000

5.987,773,117Títulos apoiados em hipotecas e activos0.69891,750França

0.69891,750FCT GINKGO FRN 18/07/20381,100,000

0.77996,229Itália

0.77996,229SIENA MORTGAGES 07-5 S.P.A FRN 22/11/20701,000,000


0.781,016,842ARENA 2011-I B.V. FRN 17/12/20421,000,0000.941,219,397HOLLAND MORTGAGE BACKED SERIES HERMES

XVIII BV FRN 18/09/20441,300,000


0.47615,695ARKLE MASTER ISSUER PLC SERIE 2006-1XCLASS 5A1 FRN 17/05/2060

600,000

0.76992,042BUMPER 3 FINANCE PLC VAR 20/06/2022800,0000.36465,041FOSSE MASTER ISSUER PLC FRN 18/10/2054600,0000.781,022,630HOMES MASTER ISSUER FRN 15/10/20541,000,0000.43553,491SILVERSTONE MASTER FRN 21/01/2055700,000


0.004,390Opções0.004,390Alemanha

0.004,390EURO SCHATZ - 110.90 - 22.02.13 PUT370

0.0230,760Posições curtas



0.0229,600EURO SCHATZ - 110.60 - 22.02.13 PUT-7400.001,160EURO SCHATZ - 110.70 - 22.02.13 PUT-370


1.081,398,995Roménia

1.081,398,995ROMANIA 5.25% 17/06/20161,300,000

1.391,803,796UK GILT 4% 07/09/20161,300,0004.515,873,561UK GILT 4.25% 07/03/20363,900,0001.982,584,163UK GILT 4.25% 07/06/20321,700,0000.931,205,869UK GILT 4.25% 07/12/2046800,0001.181,529,774UK GILT 4.25% PERPETUAL1,000,0001.191,553,086UK GILT 4.50% 07/12/2042990,391

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85





92.42635,365,846Obrigações


0.382,600,455BHP BILLITON FINANCE LIMITED 3.25% 25/09/20241,600,000

0.211,467,142Áustria

0.211,467,142OMV AG VAR PERPETUAL1,000,000

1.339,166,096Bélgica

0.855,857,015FORTIS BANK NV VAR PERPETUAL4,650,0000.372,528,388FORTIS BANK NV 5.757% 04/10/20171,700,0000.11780,693FORTIS BANK SA NV FRN 14/02/2018600,000

0.362,502,450Bermudas

0.362,502,450QTEL INTERNATIONAL FINANCE LTD 3.25%21/02/2023

2,500,000

0.483,278,260Brasil


2,200,000

0.151,060,440BANCO SANTANDER BRASIL SA 4.625% 13/02/20171,000,000

0.735,034,633Bulgária

0.735,034,633BULGARIA 4.25% 09/07/20173,500,000

0.251,719,414Chile

0.251,719,414CORPORACION NACIONAL DEL COBRE 3%17/07/2022

1,700,000

0.231,551,975Chipre

0.231,551,975ALFA MTN INVEST LIMITED 9.25% 24/06/20131,500,000


0.493,375,973DONG ENERGY AS VAR PERPETUAL2,300,000

0.694,750,579Alemanha

0.372,537,308ALLIANZ SE VAR 17/10/20421,700,0000.322,213,271ENBW ENERGIE BADEN-WUERTTEMBER VAR

PERPETUAL1,500,000

0.835,732,931TELEFONICA SA 4.71% 20/01/20204,000,0000.211,431,176TELEFONICA SA 4.75% 07/02/20171,000,000


0.936,376,762TAQA ABU DHABI NATIONAL ENERGY COMPAGNY3.625% 12/01/2023

6,200,000


0.14990,630ALTRIA GROUP INC 2.85% 09/08/20221,000,0000.14977,300ALTRIA GROUP INC 4.25% 09/08/20421,000,0000.372,570,643BANK OF AMERICA CORP VAR 06/05/20192,000,0000.312,112,749BANK OF AMERICA CORP 5.125% 26/09/20141,500,0000.382,644,420BNP PARIBAS CAPITAL TRUST VI VAR PERPETUAL2,000,0000.11736,603CENTURYLINK INC 7.65% 15/03/2042700,0000.251,740,071CITIGROUP INC 4% 26/11/20151,219,0000.291,980,218GOLDMAN SACHS GROUP INC 3.30% 03/05/20151,900,0000.322,219,602HYUNDAI CAPITAL AMERICA INC 2.125% 02/10/20172,200,0000.231,597,395JP MORGAN CHASE AND C 3.45% 01/03/20161,500,0000.583,971,614JP MORGAN CHASE AND CO 1.875% 21/11/20193,000,0000.453,064,080JP MORGAN CHASE AND CO 2% 15/08/20173,000,0000.241,653,072KINDER MORGAN ENERGY 3.45% 15/02/20231,600,0000.432,951,539MERRILL LYNCH AND CO 6.75% 21/05/20132,300,0000.322,177,362MICROSOFT CORP 2.125% 15/11/20222,200,0000.412,813,993MORGAN STANLEY AND CO INC 3.75% 21/09/20172,000,0000.08529,909MORGAN STANLEY 10.09% 03/05/20171,000,0000.151,034,990MORGAN STANLEY 4.75% 01/04/20141,000,0000.161,129,120MORGAN STANLEY 5.625% 23/09/20191,000,0000.312,105,220PEPSICO INC 2.50% 01/11/20221,300,0000.745,061,338SG CAPITAL TRUST III VAR PERPETUAL4,000,0000.14982,490TIME WARNER CABLE INC 4.50% 15/09/20421,000,0000.684,686,250USA T-BONDS 3.75% 15/08/20414,000,0001.117,638,282USA T-BONDS 4.25% 15/11/20406,000,000

0.171,199,297Eslováquia

0.171,199,297SLOVAKIA 4.375% 21/05/20221,100,000

0.986,750,144Eslovenia

0.986,750,144SLOVENIA (REPUBLIC OF) 5.50% 26/10/20226,400,000

16.19111,281,120Espanha

0.614,182,664ABERTIS INFRAESTRUCTURAS 4.75% 25/10/20193,000,0000.432,947,410BANKINTER SA 3.875% 30/10/20152,200,000

0.382,641,098BBVA BILBAO VISCAYA ARGENTINA 4.25%29/01/2013

2,000,000

0.483,314,029BBVA SENIOR FINANCE SA UNIPERS 3% 22/08/20132,500,0000.151,037,133GAS NATURAL CAPITAL MARKETS SA 5.625%

09/02/2017700,000

0.443,019,822GAS NATURAL CAPITAL MARKETS SA 6%27/01/2020

2,000,000

1.9613,411,159INSTITUTO DE CREDITO OFICIAL 4.875% 01/02/201810,000,0001.7712,156,545SANTANDER INTERNATIONAL DEBT SA 4.375%

04/09/20149,000,000


3,000,000

1.9213,226,189SPAIN 2.30% 30/04/201310,000,0001.9213,218,938SPAIN 2.50% 31/10/201310,000,0001.9413,367,916SPAIN 4.20% 30/07/201310,000,0001.9313,238,713SPAIN 6.15% 31/01/201310,000,0000.543,692,600TELEFONICA EMISIONES SAU FRN 04/02/20133,700,0000.08526,765TELEFONICA EMISIONES SAU 5.134% 27/04/2020500,000

14.3198,373,001França

0.10653,755AXA SA VAR PERPETUAL1,000,0000.402,738,932AXA SA VAR PERPETUAL2,100,0000.292,005,756AXA SA VAR PERPETUAL1,550,0000.362,448,137BANQUE PSA FINANCE 3.625% 17/09/20132,000,0000.322,217,907BANQUE PSA FINANCE 4.875% 25/09/20151,600,0000.453,114,270BNP PARIBAS FRN 20/12/20143,000,0000.10676,168BNP PARIBAS VAR PERPETUAL500,000

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0.573,941,425INTESA SANPAOLO SPA 4.375% 15/10/20192,900,0000.432,930,135INTESA SANPAOLO SPA 4.875% 10/07/20152,100,0000.594,041,621ITALY BTP 3.75% 15/12/20133,000,0000.986,750,208ITALY 3.50% 01/06/20145,000,0003.8726,640,910ITALY 3.50% 01/11/201720,000,0000.191,275,843LOTTOMATICA SPA VAR PERPETUAL920,0000.14937,406TELECOM ITALIA SPA 4% 21/01/2020700,0000.432,962,057TELECOM ITALIA SPA 4.50% 20/09/20172,100,0000.372,517,247UNICREDIT SPA VAR 22/09/20192,000,0000.281,945,819UNICREDIT SPA 4.375% 11/09/20151,400,0001.198,255,610UNICREDIT SPA 6.95% 31/10/20226,000,0000.422,885,670UNICREDIT SPA 6.95% 31/10/20222,100,0001.188,090,124UNIONE DI BANCHE ITALIANE 3.75% 30/10/20156,000,000

0.151,048,830Japão

0.151,048,830NOMURA HOLDINGS INC 4.125% 19/01/20161,000,000

0.271,828,335Jersey

0.271,828,335BAA FUNDING LIMITED 6% 20/03/20201,000,000

0.362,476,800Látvia

0.362,476,800LATVIA 2.75% 12/01/20202,500,000


0.08557,455ENEL FINANCE INTERNATIONAL SA 6.25%15/09/2017

500,000

0.372,550,375KUZNETSKI CAPITAL 7.335% 13/05/20132,500,0000.976,673,804RSHB CAPITAL SA 5.298% 27/12/20176,200,0000.443,056,220SBERBANK SB CAP SA 5.125% 29/10/20223,000,0000.634,349,556SBERBANK SB CAP SA 6.125% 07/02/20223,800,0000.151,048,420TELECOMITALIA FINANCE 4.95% 30/09/20141,000,0000.906,172,440TELECOMITALIA FINANCE 5.25% 15/11/20136,000,0000.453,068,160VIP FINANCE 8.375% 30/04/20133,000,0001.278,663,840VTB CAPITAL SA 6% 12/04/20178,000,0000.815,561,550VTB CAPITAL SA 6.551% 13/10/20205,000,000

0.432,922,908México

0.432,922,908MEXICO 8.50% 18/11/2038300,000


0.05333,423EDP FINANCE BV 3.75% 22/06/2015250,0000.191,272,467EDP FINANCE BV 5.75% 21/09/2017900,0000.322,217,253ENEL FINANCE INTERNATIONAL NV 4.875%

17/04/20231,600,000

0.845,701,552GENERALI FINANCE BV VAR PERPETUAL5,000,0000.191,326,052HIT FINANCE BV 5.75% 09/03/2018900,0000.422,858,898IBERDROLA INTERNATIONAL BV 4.25% 11/10/20182,000,0000.422,878,937IBERDROLA INTERNATIONAL BV 4.50% 21/09/20172,000,0000.302,081,713OI EUROPEAN 6.75% 15/09/20201,385,0000.201,404,592RED ELECTRICA ESPANA FINANCE 4.75%

18/09/20131,040,000

0.352,415,876REPSOL INTERNATIONAL FINANCE BV 4.375%20/02/2018

1,700,000

0.231,555,215Ilhas Virgens Britânicas

0.231,555,215CNPC GENERAL CAPITAL LTD 2.75% 19/04/20171,500,000


0.271,902,850HUTCHISON WHAMPOA INTERNATIONAL LTD 2%08/11/2017

1,900,000

0.201,355,394IPIC GMTN LTD 2.375% 30/05/20181,000,0000.201,372,903IPIC GMTN LTD 3.625% 30/05/20231,000,0000.241,632,150ODEBRECHT FINANCE LTD 5.125% 26/06/20221,500,0000.171,158,840ODEBRECHT FINANCE LTD 7.125% 26/06/20421,000,0000.231,576,302PETROBRAS INTERNATL FINANCE 5.375%

27/01/20211,400,000

0.463,169,560Índia

0.463,169,560AXIS BANK LTD 5.125% 05/09/20173,000,000

6.3643,732,822Irlanda

0.312,148,296AIB MORTGAGE BANK 3.125% 04/12/20151,600,000

0.583,992,320ALLIED IRISH BANKS PLC FRN 15/03/20134,000,0000.201,385,797BORD GAIS EIREANN 3.625% 04/12/20171,000,0000.352,400,668CLOVERLIE PLC VAR 01/09/20421,500,0000.221,540,024ESB FINANCE 4.375% 21/11/20191,100,0000.422,883,048FGA CAPITAL IRELAND PLC 4% 28/03/20132,200,0000.986,758,909FGA CAPITAL IRELAND PLC 4.375% 18/09/20145,000,0000.513,525,808FGA CAPITAL IRELAND PLC 5.25% 28/02/20142,600,0001.449,862,489GAZPROMBANK 0% 27/06/201310,000,0000.734,997,805GPB EUROBOND FINANCE PLC 8.617% 15/12/2015150,000,0000.12809,168NARA CABLE FUNDING LTD 8.875% 01/12/2018800,0000.503,428,490RZD CAPITAL LIMITED 5.70% 05/04/20223,000,000

12.1283,320,665Itália

0.412,807,586ASSICURAZIONI GENERALI VAR 12/12/20422,000,0000.513,507,770INTESA SANPAOLO SPA FRN 24/02/20143,500,0000.10668,691INTESA SANPAOLO SPA VAR 28/05/2018550,0000.463,162,543INTESA SANPAOLO SPA 4% 09/11/20172,316,000

0.221,523,670BNP PARIBAS 2.375% 14/09/20171,500,0000.08564,170BPCE SA VAR PERPETUAL1,000,0000.654,439,692BPCE SA 2% 24/04/20183,300,0000.292,021,380BPCE SA 2.375% 04/10/20132,000,0000.201,393,391BPCE SA 9.25% PERPETUAL1,000,0000.231,578,974CNP ASSURANCES VAR PERPETUAL1,400,0004.0427,686,093CREDIT AGRICOLE CIB 0% 02/01/201321,000,0000.825,622,111CREDIT AGRICOLE SA 1.875% 18/10/20174,200,0000.161,098,280CREDIT LOGEMENT SA VAR PERPETUAL1,500,0000.191,326,800CREDIT LOGEMENT SA 5.454% 16/02/2021900,0000.402,776,603GDF SUEZ 3% 01/02/20232,000,0000.312,129,579ILIAD 4.875% 01/06/20161,500,0000.795,460,633LA MONDIALE VAR PERPETUAL5,140,0000.281,921,113NATIXIS BANQUES POPULAIRES VAR PERPETUAL1,750,0000.322,229,225NATIXIS BANQUES POPULAIRES VAR 15/01/20192,500,0000.251,729,825NEXANS 4.25% 19/03/20181,300,0000.543,687,740RENAULT CI BANQUE 4.60% 12/04/20163,500,0000.402,739,767SAINT GOBAIN (CIE) 3.625% 15/06/20212,000,0000.513,498,670SOCIETE GENERALE VAR PERPETUAL3,500,0000.422,886,917SOCIETE GENERALE 2.20% 14/09/20132,865,0000.342,328,264SOCIETE GENERALE 2.375% 28/02/20181,700,0000.322,232,142SOCIETE GENERALE 2.75% 12/10/20172,200,0000.161,077,955SUEZ VAR PERPETUAL800,0000.372,565,082WENDEL INVESTISSEMEN 5.875% 17/09/20191,800,000

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0.704,839,219Suécia

0.181,242,376PGNIG FINANCE AB 4% 14/02/2017900,0000.523,596,843SKANDINAVISKA ENSKILDA BANKEN 1.875%

14/11/20192,700,000

1.047,150,453Turquia

0.755,142,450AKBANK TAS 3.875% 24/10/20175,000,0000.292,008,003TURKEY 7.50% 24/09/20143,500,000

0.443,029,850Ucrânia

0.443,029,850UKRAINE 7.65% 11/06/20133,000,000


0.191,330,371ABBEY NATIONAL TREASURY FRN 28/08/20131,000,0000.302,048,774ABBEY NATIONAL TREASURY SERVICES 4.125%

03/03/20141,500,000

0.191,288,235AVIVA PLC VAR PERPETUAL1,000,0000.211,441,578AVIVA PLC VAR 22/05/20381,000,0000.442,992,241BARCLAYS BANK PLC LONDON 6% 14/01/20212,000,0000.664,530,682LLOYDS TSB BANK PLC 6.50% 24/03/20203,000,0000.332,269,806SCOTTISH AND SOUTHERN ENERGY PLC VAR

PERPETUAL2,200,000

0.221,535,955STANDARD CHARTERED PLC VAR 12/07/20221,500,0001.6811,615,553UK GILT 4.25% 07/03/20365,850,000

7.7553,291,171Títulos apoiados em hipotecas e activos2.6218,064,821França

0.765,297,331AUTO ABS 2012-1 CL.A FCT FRN 25/07/20264,000,0000.604,090,718AUTONORIA FRN 25/02/20293,100,0000.674,615,323CARS ALLIANCE AUTO LOAN F FCC FRN 25/02/20243,500,0000.594,061,449FCT GINKGO FRN 18/07/20383,800,000

0.483,296,000Irlanda

0.483,296,000BILKREDITT 1 LIMITED VAR 26/04/20272,500,000

0.473,200,351Itália

0.181,230,209CLARF 2011-1 A2 VAR 28/11/20601,000,0000.291,970,142SIENA MORTGAGES 07-5 S.P.A FRN 22/11/20701,500,000


0.251,742,785ARENA 2011-I B.V. FRN 17/12/20421,300,0001.147,756,613GLOBALDRIVE ABS 0% 20/10/20206,000,0000.543,709,971HOLLAND MORTGAGE BACKED SERIES HERMES

XVIII BV FRN 18/09/20443,000,000

0.13921,460STICHTING HOLLANDE III FRN 20/03/20831,000,000


0.181,217,598ARKLE MASTER ISSUER PLC SERIE 2006-1XCLASS 5A1 FRN 17/05/2060

900,000

0.241,634,885BUMPER 3 FINANCE PLC VAR 20/06/20221,000,0000.151,021,851FOSSE MASTER ISSUER PLC FRN 18/10/20541,000,0000.181,222,200GRACECHURCH MRTG FINANCING FRN 20/11/20561,200,0000.241,617,883HOMES MASTER ISSUER FRN 15/10/20541,200,0000.493,429,270PARAGON MORTGAGE N 8 PLC FRN 08/04/20402,100,0000.151,019,500PERMANENT MASTER ISSUER 2010 1 FRN

15/07/20421,000,000

0.12833,968SILVERSTONE MASTER FRN 21/01/2055800,0000.372,602,015TURBO FINANCE PLC VAR 20/11/20191,600,000



0.453,112,387AMUNDI OBLIG EMERGENTS I650.916,222,431MONETAIRE BIO AMUNDI400


1.7411,987,791AMUNDI FDS EMERG MKTS DEBT IC5,6840.775,300,373AMUNDI FDS GBL CORPORATE BD IU3,7474.5531,246,446AMUNDI FUNDS BOND GLOBAL EMERGING CORP

IU-C25,420

0.392,686,504REPSOL INTERNATIONAL FINANCE BV 5%22/07/2013

2,000,000

0.151,051,654SNS BANK ND 6.625% 30/11/2016731,0000.181,250,339TENNET HLD BV 4.50% 09/02/2022800,0000.352,427,665TENNET HLD BV 6.655% PERPETUAL1,700,000

0.181,222,335Peru

0.181,222,335BANCO DE CREDITO DEL PERU 4.75% 16/03/20161,150,000

0.996,802,548Polónia

0.996,802,548POLOGNE 3.375% 09/07/20245,000,000

1.389,494,866Portugal

1.389,494,866BANCO ESPIRITO SANTO 5.875% 09/11/20157,000,000

1.8512,684,006Roménia

1.5010,287,346ROMANIA 5.80% 26/10/201535,000,0000.171,176,230ROMANIA 6% 30/04/20164,000,0000.181,220,430ROMANIA 6.75% 07/02/20221,000,000

1.9713,566,185Rússia

0.493,370,530RUSSIA 7.35% 20/01/2016100,000,0001.4810,195,655RUSSIA 7.40% 14/06/2017300,000,000


0.302,024,868CAPITAMALL TRUST MTN PTE LTD 3.731%21/03/2018

1,900,000


1,000,000

0.201,369,017DBS BANK LTD 3.625% 21/09/20221,300,0000.251,739,083OVERSEA-CHINESE BANKING VAR 11/03/20231,700,0000.211,445,925TEMASEK FINANCIAL (I) LIMITED 3.375% 23/07/20421,500,000

0.271,827,230VIRGIN MEDIA SECURED FINANCE PLC 5.50%15/01/2021

1,000,000

0.09602,376WPP FINANCE 2010 3.625% 07/09/2022600,000

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2.1014,436,161Instrumentos derivados

2.1014,436,161Opções


0.493,396,133AUD(P)/USD(C)OTC - 0.95 - 20.12.13 PUT188,000,0000.261,814,782EUR(C)/USD(P)OTC - 1.31 - 21.01.13 CALL120,000,0000.15999,879EUR(C)/USD(P)OTC - 1.33 - 21.01.13 CALL180,000,0000.04247,729EUR(P)/PLN(C)OTC - 4.05 - 11.02.13 PUT53,000,0000.003EUR(P)/USD(C)OTC - 1.21 - 10.01.13 PUT220,000,0000.00463EUR(P)/USD(C)OTC - 1.245 - 10.01.13 PUT110,000,0000.352,407,695NZD(P)/USD(C)OTC - 0.75 - 20.12.13 PUT152,000,0000.001NZD(P)/USD(C)OTC - 0.78 - 04.01.13 PUT80,000,0000.02141,573USD(C)/CAD(P)OTC - 1.00 - 10.01.13 CALL70,000,0000.614,212,000USD(C)/JPY(P)OTC - 85.00 - 11.07.13 CALL130,000,0000.001USD(P)/CNY(C)OTC - 5.80 - 17.04.13 PUT60,000,0000.0142,766USD(P)/CNY(C)OTC - 6.20 - 17.04.13 PUT60,000,0000.11768,750USD(P)/RUB(C)OTC - 29.55 - 15.03.13 PUT3,000,0000.001USD(P)/SGD(C)OTC - 1.15 - 18.01.13 PUT55,000,0000.03185,625USD(P)/TRY(C)OTC - 1.70 - 04.09.13 PUT2,250,000


0.03218,76010YR US TREASRY NOTE - 130.50 - 25.01.13 PUT2,000

-1.57-10,778,832Posições curtas

-1.57-10,778,832Instrumentos derivados

-1.57-10,778,832Opções-1.57-10,778,832Luxemburgo

-0.38-2,576,377AUD(P)/USD(C)OTC - 0.85 - 20.12.13 PUT-376,000,000-0.26-1,814,782EUR(C)/USD(P)OTC - 1.31 - 21.01.13 CALL-120,000,000-0.06-425,868EUR(C)/USD(P)OTC - 1.34 - 21.01.13 CALL-180,000,0000.00-3EUR(P)/USD(C)OTC - 1.21 - 10.01.13 PUT-220,000,0000.00-463EUR(P)/USD(C)OTC - 1.245 - 10.01.13 PUT-110,000,000-0.30-2,086,670NZD(P)/USD(C)OTC - 0.68 - 20.12.13 PUT-304,000,0000.00-1NZD(P)/USD(C)OTC - 0.75 - 04.01.13 PUT-160,000,0000.00-21USD(C)/CAD(P)OTC - 1.02 - 10.01.13 CALL-140,000,000-0.57-3,874,000USD(C)/JPY(P)OTC - 90.00 - 10.10.13 CALL-260,000,0000.00-647USD(P)/CNY(C)OTC - 6.00 - 17.04.13 PUT-120,000,000


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Bond Global

89





114.74500,108,871Obrigações


0.602,600,455BHP BILLITON FINANCE LIMITED 3.25% 25/09/20241,600,000

1.566,786,662Áustria

1.566,786,662AUSTRIA 3.80% 20/10/20135,000,000

3.8316,701,133Bélgica

0.411,784,756AHNEUSER-BUSH INBEV 2.875% 25/09/20241,300,0000.07290,647BELGIUM 3.25% 28/09/2016200,0003.3114,449,664BELGIUM 3.75% 28/09/201510,000,0000.04176,066BELGIUM 5% 28/03/2035100,000

0.913,981,259Canadá

0.723,171,411CANADA 8% 01/06/20232,000,0000.19809,848XSTRATA FINANCE CANADA LTD 2.45% 25/10/2017800,000


0.22948,776IPIC GMTN LTD 2.375% 30/05/2018700,0000.16686,451IPIC GMTN LTD 3.625% 30/05/2023500,000


0.682,950,922DONG ENERGY AS VAR PERPETUAL2,000,000

16.3571,221,760França

0.934,042,953AREVA 4.875% 23/09/20242,800,0000.592,588,072AXA SA VAR PERPETUAL2,000,0002.078,990,452AXA SA VAR 16/04/20406,500,0000.311,352,336BNP PARIBAS VAR PERPETUAL1,000,0000.351,523,670BNP PARIBAS 2.375% 14/09/20171,500,0000.703,045,164CNP ASSURANCES VAR PERPETUAL2,700,0000.773,371,511CNP ASSURANCES VAR 14/09/20402,500,0000.11475,921CREDIT LOGEMENT SA VAR PERPETUAL650,0001.054,570,087CREDIT LOGEMENT SA 5.454% 16/02/20213,100,0001.225,337,473CSE NAT.CSES EPAR.PREVOYANCE VAR

PERPETUAL4,878,000

0.301,294,682FRANCE OAT 0% 25/04/2016 STRIPS990,9180.803,507,254FRANCE OAT 0% 25/04/2023 STRIPS3,350,0001.566,813,228FRANCE OAT 4.50% 25/04/20414,000,0000.291,275,464IXIS CORPORATE & INVESTMENT BK VAR

24/07/20181,000,000

1.847,967,849LA MONDIALE VAR PERPETUAL7,500,0000.582,531,518NATIXIS VAR 14/05/20192,000,0000.331,423,173PEUGEOT SA 8.375% 15/07/20141,000,0000.462,011,900SCHNEIDER ELECTRIC S 2.95% 27/09/20222,000,0000.602,595,999SOCIETE GENERALE VAR 20/10/20142,500,0000.934,042,333SUEZ VAR PERPETUAL3,000,0000.562,460,721VINCI VAR PERPETUAL1,750,000

0.743,244,115Alemanha

0.04155,565GERMANY BUND 4.75% 04/07/202885,0050.431,927,699GERMANY BUND 4.75% 04/07/20341,000,0000.271,160,851LANDWIRTSCHAFTLICHE RENTENBANK 1.375%

25/04/2013100,000,000


0.522,288,320STANDARD CHARTERED BANK HKG 5.875%24/06/2020

2,000,000

2.7812,125,784Irlanda

0.431,879,759AIB MORTGAGE BANK 3.125% 04/12/20151,400,0000.341,497,120ALLIED IRISH BANKS PLC FRN 15/03/20131,500,0000.682,952,428BANK OF IRELAND MORTGAGE BANK 3.125%

20/11/20152,200,000

1.335,796,477IRELAND 5.50% 18/10/20174,000,000

2.219,654,618Costa do Marfim

2.219,654,618AFRICAN DEVELOPMENT BANK 7.375% 06/04/20236,900,000

10.8847,430,507Espanha

0.642,788,442ABERTIS INFRAESTRUCTURAS 4.75% 25/10/20192,000,0000.803,501,670GAS NATURAL CAPITAL MARKETS SA 4.125%

26/01/20182,500,000


300,000

0.391,708,979IBERDROLA FINANZAS SAU 4.75% 25/01/20161,200,0000.924,020,935INSTITUTO DE CREDITO OFICIAL 4.50% 17/03/20163,000,0001.546,705,580INSTITUTO DE CREDITO OFICIAL 4.875% 01/02/20185,000,0002.3610,265,527SANTANDER INTERNATIONAL DEBT SA 4.375%

04/09/20147,600,000

0.15633,392SPAIN 0% 31/01/2013 STRIPS480,8102.109,165,861SPAIN 3.15% 31/01/20167,000,0000.703,051,424SPAIN 5.75% 30/07/20322,300,0001.185,152,233TELEFONICA SA 4.75% 07/02/20173,600,000


0.451,954,600ALTRIA GROUP INC 4.25% 09/08/20422,000,0000.492,132,582BEAR STEARNS COMPANIES INC 7.25% 01/02/20181,700,0000.271,189,989BNP PARIBAS CAPITAL TRUST VI VAR PERPETUAL900,0000.371,621,935CITIGROUP INC 6.375% 12/08/20141,500,0000.893,898,997GE CAPITAL TRUST IV VAR PERPETUAL3,000,000

0.291,250,664GOLDMAN SACHS GROUP INC 3.30% 03/05/20151,200,0000.994,335,453GOLDMAN SACHS GROUP 4.375% 16/03/20173,000,0001.054,586,569GOLDMAN SACHS GROUP 5.125% 23/10/20193,000,0001.094,763,050HSBC FINANCE CORPORATION FRN 01/06/20165,000,0000.562,460,960MICROSOFT CORP 5.20% 01/06/20392,000,0000.482,110,495MORGAN STANLEY AND CO INC 3.75% 21/09/20171,500,0007.0730,769,883USA T-BONDS 3.125% 15/11/204129,500,0000.381,638,301USA T-BONDS 5.375% 15/02/20311,150,0001.466,342,628USA T-BONDSI 1.375% 15/01/20205,000,000

24.16105,265,633Itália

0.351,534,833INTESA SANPAOLO SPA 4.875% 10/07/20151,100,0000.12503,420ITALY BTP 2.125% 16/09/2013500,0005.4823,894,958ITALY BTP 4.75% 01/05/201717,000,000

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Bond Global

90





4,000,000

1.205,232,320TEMASEK FINANCIAL (I) LIMITED 5.375% 23/11/20394,000,000

1.727,500,403Suécia

0.944,110,840NORDEA BANK AB 4.25% 21/09/20224,000,0000.291,242,376PGNIG FINANCE AB 4% 14/02/2017900,0000.492,147,187SWEDBANK AB 2.125% 29/09/20172,100,000

21.2792,691,827Reino Unido

1.024,444,411AVIVA PLC VAR PERPETUAL3,450,0000.703,062,557AVIVA PLC VAR 14/11/20361,800,0000.662,883,156AVIVA PLC VAR 22/05/20382,000,0000.693,020,454LLOYDS TSB BANK PLC 6.50% 24/03/20202,000,0000.512,213,322LLOYDS TSB GROUP PLC 6.50% 14/09/20202,000,0000.16696,168MORGAN STANLEY AND CO. INTERNATIONAL PLC

4.50% 29/10/2014500,000

0.713,097,396NATIONWIDE BUILDING SOCIETY 6.75% 22/07/20202,000,0000.883,815,410ROYAL BANK OF SCOTLAND PLC VAR 19/03/20223,059,0000.492,125,140THE ROYAL BANK OF SCOTLAND GROUP PLC

3.95% 21/09/20152,000,000

5.0121,841,212UK GILT 4.25% 07/03/203611,000,0003.6315,839,005UK GILT 4.25% 07/09/20398,000,0000.713,080,271UK GILT 4.25% 07/12/20461,550,0000.20855,505UK GILT 4.75% 07/12/2038400,0005.9025,717,820UK GILT 5% 07/03/202512,000,000

2.299,988,010Títulos apoiados em hipotecas e activos0.462,013,298França

0.462,013,298LOGGIAS 2003-1 VAR 24/11/20255,000,000

0.903,940,283Itália

0.903,940,283SIENA MORTGAGES 07-5 S.P.A FRN 22/11/20703,000,000


0.311,352,886ARKLE MASTER ISSUER PLC SERIE 2006-1XCLASS 5A1 FRN 17/05/2060

1,000,000

0.331,430,591FOSSE MASTER ISSUER PLC FRN 18/10/20541,400,0000.291,250,952SILVERSTONE MASTER FRN 21/01/20551,200,000


4.3919,156,497Acções/Unidades de Participação em fundos de investimento0.04160,716França

0.04160,716PORTFOLIO FOREX TRADING FCP0.4


2.6811,719,667AMUNDI FDS GBL CORPORATE BD IU8,2860.733,195,894AMUNDI FUNDS BOND GLOBAL EMERGING CORP

IU-C2,600

0.944,080,220STRUCTURA ASIAN LOCAL DEBT I CAPITALISATION3,100



0.002,696EURO SCHATZ - 110.90 - 22.02.13 PUT1,5000.02103,600Posições curtas


0.02103,600Opções0.02103,600Alemanha

0.0289,810EURO SCHATZ - 110.60 - 22.02.13 PUT-3,0000.0013,790EURO SCHATZ - 110.70 - 22.02.13 PUT-1,500


1.165,076,669Japão

0.572,466,894JAPAN EXPRESSWAY HOLDING 2.87% 20/12/2046200,000,0000.592,609,775NOMURA HOLDINGS INC 4.125% 19/01/20162,500,000


0.652,817,180ARCELORMITTAL SA 7% 15/10/20393,000,0000.07304,525EUROPEAN INVESTMENT BANK (EIB) 1.90%

26/01/202625,000,000

1.858,091,002EUROPEAN INVESTMENT BANK (EIB) 2.15%18/01/2027

650,000,000

0.361,560,023SES GLOBAL SA 4.75% 11/03/20211,000,0000.441,912,076TELECOM ITALIA FINANCE SA 7.75% 24/01/20331,250,0001.235,377,850VTB CAPITAL SA 6.25% 30/06/20355,000,000

0.964,166,843México

0.964,166,843AMERICA MOVIL SAB DE CV 3% 12/07/20213,000,000


0.351,509,410ABN AMRO BANK NV 6.375% 27/04/20211,000,0000.261,151,575IBERDROLA INTERNATIONAL BV 4.50% 21/09/2017800,0000.04157,625NETHERLANDS 7.50% 15/01/202376,8910.321,402,778NOMURA EUROPE FINANCE NV 5.125% 09/12/20141,000,0000.451,989,544REPSOL INTERNATIONAL FINANCE BV 4.375%

20/02/20181,400,000

3.8916,938,540ITALY BTP 4.75% 15/09/201612,000,0000.241,067,050ITALY BTP 5.25% 20/09/20161,000,0002.119,215,853ITALY BTP 6.50% 01/11/20276,000,0009.1539,853,781ITALY 2.50% 01/03/201530,000,0001.556,750,208ITALY 3.50% 01/06/20145,000,0000.492,121,782LOTTOMATICA SPA VAR PERPETUAL1,530,0000.783,385,208TELECOM ITALIA SPA 4.50% 20/09/20172,400,000

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108.96215,243,693Obrigações


0.941,863,886AUSTRALIAI 0% 20/08/20151,300,0000.931,828,859AUSTRALIAI 0% 20/08/20201,200,000

6.7113,259,431Canadá

1.533,029,641CANADAI 3% 01/12/20362,060,0001.312,586,029CANADAI 4% 01/12/20311,470,0000.43852,738CANADAI 4.25% 01/12/2021540,0003.446,791,023CANADAI 4.25% 01/12/20264,000,000

8.3516,494,549França

1.923,787,000FRANCE OATI 1.10% 25/07/20223,200,0003.557,009,738FRANCE OATI 1.60% 25/07/20155,490,0000.35696,418FRANCE OATI 1.80% 25/07/2040475,0000.32635,639FRANCE OATI 1.85% 25/07/2027500,0000.961,900,276FRANCE OATI 2.10% 25/07/20231,440,0001.252,465,478FRANCE OATI 3.15% 25/07/20321,360,000

7.5014,818,283Alemanha

7.5014,818,283GERMANY BUNDI 1.75% 15/04/202011,500,000

15.8131,225,465Itália

2.174,278,867ITALY BTPI 2.35% 15/09/20354,255,0000.47937,906ITALY BTPI 2.60% 15/09/2023865,0005.4810,817,100ITALY 4.25% 01/09/201910,500,0004.518,910,024ITALYI 2.10% 15/09/20168,250,0003.186,281,568ITALYI 2.10% 15/09/20175,400,000

2.154,247,311Japão

0.561,096,341JAPAN JGBI 0.50% 10/06/2015121,200,0000.29582,503JAPAN JGBI 1.10% 10/09/201662,300,0001.302,568,467JAPAN JGBI 1.20% 10/12/2017269,700,000

5.6711,196,968Suécia

1.573,103,884SWEDENI 0.50% 01/06/201724,000,0002.404,753,892SWEDENI 3.50% 01/12/201530,000,0000.641,254,649SWEDENI 3.50% 01/12/20285,765,0001.062,084,543SWEDENI 4% 01/12/202010,570,000

27.3453,999,345Reino Unido

0.721,429,186UK GILTI 0.375% PERPETUAL1,000,0001.312,584,209UK GILTI 0.50% PERPETUAL1,620,0001.502,954,443UK GILTI 0.625% 22/03/20401,850,0001.472,912,554UK GILTI 0.75% 22/11/20471,655,0003.176,254,905UK GILTI 1.125% 22/11/20373,295,0003.817,535,054UK GILTI 1.25% 22/11/20174,220,0004.017,900,142UK GILTI 1.25% 22/11/20274,080,0001.442,836,143UK GILTI 1.25% 22/11/20321,600,0001.803,553,590UK GILTI 1.25% PERPETUAL1,545,0003.066,051,533UK GILTI 1.875% 22/11/20223,210,0001.512,982,653UK GILTI 2% 26/01/20351,200,0001.182,339,129UK GILTI 2.50% 16/04/2020510,0002.364,665,804UK GILTI 2.50% 16/08/20131,350,000


2.124,186,667USA T-BONDSI 0.125% 15/04/20165,000,0002.915,748,036USA T-BONDSI 0.50% 15/04/20156,800,0002.825,576,056USA T-BONDSI 0.625% 15/07/20216,300,0002.745,405,178USA T-BONDSI 1.25% 15/04/20146,320,0000.35682,120USA T-BONDSI 1.375% 15/07/2018720,0002.585,098,259USA T-BONDSI 1.75% 15/01/20284,700,0001.162,301,200USA T-BONDSI 1.875% 15/07/20192,300,0001.763,474,405USA T-BONDSI 2.125% 15/01/20193,500,0001.543,037,562USA T-BONDSI 2.125% 15/02/20402,550,0002.464,852,305USA T-BONDSI 2.125% 15/02/20414,100,0004.037,979,599USA T-BONDSI 2.375% 15/01/20256,350,0000.681,340,415USA T-BONDSI 2.50% 15/01/20291,150,0005.1010,087,296USA T-BONDSI 2.625% 15/07/20179,940,0001.072,117,827USA T-BONDSI 3.375% 15/04/20321,300,0002.244,422,671USA T-BONDSI 3.875% 15/04/20292,500,000


1.583,111,602Acções/Unidades de Participação em fundos de investimento0.33647,425França

0.33647,425AMUNDI TRESO 3 MOIS0.616


1.252,464,177AMUNDI EMERGING INFLATION IE CAP2,078


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97.5997,444,954Obrigações

22.4122,376,681Brasil

7.117,105,638BRAZILI 6% 15/05/20136,3803.073,067,603BRAZILI 6% 15/05/20452,0503.933,923,569BRAZILI 6% 15/08/20203,0001.091,083,584BRAZILI 6% 15/08/20248001.481,473,121BRAZILI 6% 15/08/20301,0505.735,723,166BRAZILI 6% 15/08/20403,900

2.762,758,918Chile

0.56557,583CHILE 0% 01/02/2031251,892,5201.431,429,803CHILEI 0% 01/02/2021652,630,6200.77771,532CHILEI 0% 01/02/2041343,489,800

12.3112,290,342Israel

4.624,606,534ISRAELI 0% 30/04/201812,500,0003.343,334,393ISRAELI 0% 30/05/20367,800,0002.342,338,675ISRAELI 0% 30/07/20215,400,0002.012,010,740ISRAELI 0% 30/09/20226,500,000

14.9014,874,460México

2.752,744,652MEXICOI 2.50% 10/12/202067,2002.322,317,686MEXICOI 3.50% 14/12/201755,6004.374,364,015MEXICOI 4% 15/11/204089,4002.302,291,906MEXICOI 4.50% 04/12/202545,0003.163,156,201MEXICOI 4.50% 22/11/203562,000

6.566,546,130Polónia

2.992,988,284POLANDI 2.75% 25/08/20237,000,0003.573,557,846POLANDI 3% 24/08/20168,000,000

10.7410,721,529África do Sul

0.89887,278SOUTH AFRICAI 2.50% 31/01/20176,000,0001.121,113,767SOUTH AFRICAI 2.60% 31/03/20285,800,0003.703,690,695SOUTH AFRICAI 3.45% 07/12/203314,520,0005.035,029,789SOUTH AFRICAI 5.50% 07/12/202315,000,000

27.9127,876,894Turquia

1.731,729,473TURKEYI 3% 06/01/20212,340,0002.492,488,627TURKEYI 3% 21/07/20213,500,00023.6923,658,794TURKEYI 4.50% 11/02/201531,500,000


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97.04251,779,004Obrigações

0.0071Argentina

0.0071ARGENTINA 8.28% 31/12/203383

1.162,997,529Brasil

1.162,997,529BRAZIL 8.50% 05/01/20245,000,000

0.701,804,159Colômbia

0.701,804,159COLOMBIA 7.75% 14/04/20212,500,000,000

7.3719,116,588França

7.3719,116,588CREDIT AGRICOLE CIB 0% 02/01/201314,500,000

1.363,515,786Hungria

0.451,167,009HUNGARY 6.50% 24/06/2019250,000,0000.912,348,777HUNGARY 6.75% 24/11/2017500,000,000

6.2016,095,826Indonésia

0.912,357,187INDONESIA 7% 15/05/202220,000,000,0000.892,296,902INDONESIA 7% 15/05/202720,000,000,0004.4011,441,737INDONESIA 8.25% 15/06/203290,000,000,000

2.255,830,772Irlanda

2.255,830,772GPB EUROBOND FINANCE PLC 8.617% 15/12/2015175,000,000

0.952,476,800Látvia

0.952,476,800LATVIA 2.75% 12/01/20202,500,000

5.3913,988,349Malásia

0.892,304,928MALAYSIA 3.434% 15/08/20147,000,0003.017,807,397MALAYSIA 4.262% 15/09/201623,000,0001.493,876,024MALAYSIA 4.392% 15/04/202611,000,000

6.1015,834,310México

2.436,332,968MEXICO 8.50% 18/11/2038650,0001.132,920,228MEXICO 8.50% 31/05/2029300,000

0.611,577,451MEXICOI 3.50% 19/12/201341,0001.935,003,663UNITED MEXICAN STATES 6.50% 10/06/2021600,000

0.401,026,550Marrocos

0.401,026,550MOROCCO 5.50% 11/12/20421,000,000

2.015,205,676Peru

0.581,500,900PERU 6.90% 12/08/20373,000,0001.333,457,893PERU 6.95% 12/08/20317,000,0000.10246,883PERU 7.84% 12/08/2020500,000


0.32835,437PHILIPPINES 3.90% 26/11/202233,000,0001.042,701,175PHILIPPINES 4.95% 15/01/2021100,000,000

4.9312,785,281Polónia

1.323,417,733POLAND 5% 25/04/201610,000,0001.132,924,177POLAND 5.50% 25/10/20198,000,0002.486,443,371POLAND 5.75% 23/09/202217,000,000

8.5022,045,254Roménia

1.293,344,137ROMANIA 4.875% 07/11/20192,400,0001.132,939,242ROMANIA 5.80% 26/10/201510,000,0002.857,378,725ROMANIA 5.85% 28/07/201425,000,0002.837,332,608ROMANIA 5.90% 26/07/201725,000,0000.401,050,542ROMANIA 6.50% 18/06/2018700,000

9.3624,281,475Rússia

3.448,913,090RUSSIA 7.50% 15/03/2018260,000,0001.744,503,357RUSSIA 7.60% 14/04/2021130,000,0004.1810,865,028RUSSIA 8.15% 03/02/2027300,000,000

0.571,473,068Sérvia

0.401,040,910SERBIA MONTENEGRO 5.25% 21/11/20171,000,0000.17432,158SERBIA MONTENEGRO 7.25% 28/09/2021375,000

13.6635,467,997África do Sul

2.336,039,196SOUTH AFRICA 10.50% 21/12/202640,000,0002.737,087,911SOUTH AFRICA 13.50% 15/09/201550,000,0000.932,412,835SOUTH AFRICA 6.75% 31/03/202120,000,0002.105,460,803SOUTH AFRICA 7% 28/02/203150,000,0002.997,764,579SOUTH AFRICA 8% 21/12/201860,000,0002.586,702,673SOUTH AFRICAI 5.50% 07/12/202320,000,000

4.6712,110,384Tailândia

1.243,225,204THAILAND 2.80% 10/10/2017100,000,0000.761,974,489THAILAND 3.125% 11/12/201560,000,0001.914,943,479THAILAND 3.25% 16/06/2017150,000,0000.761,967,212THAILAND 4.25% 13/03/201360,000,000

19.1049,582,802Turquia

5.8015,051,462TURKEY 0% 11/09/201328,000,0002.115,481,086TURKEY 0% 15/05/201310,000,0003.218,338,959TURKEY 0% 20/02/201315,000,0002.586,699,004TURKEY 8.50% 14/09/202210,500,0002.797,238,747TURKEY 9% 05/03/201412,500,0000.782,018,439TURKEY 9.50% 12/01/20223,000,0001.834,755,105TURKEYI 3% 23/02/20227,000,000

1.002,603,715Ucrânia

0.581,514,925UKRAINE 7.65% 11/06/20131,500,0000.421,088,790UKRAINE 9.25% 24/07/20171,000,000


1.032,675,004Opções1.032,675,004Luxemburgo

0.12302,464EUR(C)/USD(P)OTC - 1.31 - 21.01.13 CALL20,000,0000.06166,646EUR(C)/USD(P)OTC - 1.33 - 21.01.13 CALL30,000,0000.09233,707EUR(P)/PLN(C)OTC - 4.05 - 11.02.13 PUT50,000,000

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0.0260,674USD(C)/CAD(P)OTC - 1.00 - 10.01.13 CALL30,000,0000.04103,831USD(P)/BRL(C)OTC - 1.95 - 16.05.13 PUT25,000,0000.04103,831USD(P)/BRL(C)OTC - 1.95 - 16.05.13 PUT25,000,0000.0387,308USD(P)/INR(C)OTC - 53.75 - 18.01.13 PUT60,000,0000.12320,313USD(P)/RUB(C)OTC - 29.55 - 15.03.13 PUT1,250,0000.0382,500USD(P)/TRY(C)OTC - 1.70 - 04.09.13 PUT1,000,0000.10248,403USD(P)/ZAR(C)OTC - 8.10 - 14.03.13 PUT60,000,0000.05135,508USD(P)/ZAR(C)OTC - 8.45 - 18.01.13 PUT20,000,0000.33829,819USD(P)/ZAR(C)OTC - 8.60 - 18.01.13 PUT50,000,000-0.40-1,044,149Posições curtas


-0.40-1,044,149Opções-0.40-1,044,149Luxemburgo

-0.12-302,464EUR(C)/USD(P)OTC - 1.31 - 21.01.13 CALL-20,000,000-0.03-70,978EUR(C)/USD(P)OTC - 1.34 - 21.01.13 CALL-30,000,0000.00-9USD(C)/CAD(P)OTC - 1.02 - 10.01.13 CALL-60,000,000-0.12-338,770USD(P)/ZAR(C)OTC - 8.45 - 18.01.13 PUT-50,000,000-0.13-331,928USD(P)/ZAR(C)OTC - 8.60 - 18.01.13 PUT-20,000,000


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98.25137,654,038Obrigações0.29412,652Argentina

0.29412,652AEROPUERTOS ARGENTINA 2000 10.75%01/12/2020

500,000

0.24332,076Azerbaijão

0.24332,076STATE OIL COMPANY OF AZERBAIDJAN 5.45%09/02/2017

300,000

2.934,099,621Bermudas

0.781,098,570DIGICEL GROUP LIMITED 8.25% 30/09/20201,000,0000.40557,865LI & FUNG LTD 5.25% 13/05/2020500,0000.861,201,176QTEL INTERNATIONAL FINANCE LTD 3.25%

21/02/20231,200,000

0.891,242,010QTEL INTERNATIONAL FINANCE LTD 4.75%16/02/2021

1,100,000

4.155,815,990Brasil


3,300,000

1.141,590,660BANCO SANTANDER BRASIL SA 4.625% 13/02/20171,500,0000.64898,600VOTORANTIM CIMENTOS 7.25% 05/04/2041800,000

0.41578,240Canadá

0.41578,240PTTEP CANADA INTL FINANCE LTD 5.692%05/04/2021

500,000


0.39541,695CHINA OVERSEAS FINANCE CAYMAND 4.875%15/02/2017

500,000

1.652,315,500COUNTRY GARDEN HOLDINGS 11.125% 23/02/20182,000,0000.781,089,760EVERGRANDE REAL ESTATE GRP LTD 13%

27/01/20151,000,000

0.721,006,370GRUPO AVAL LTD 4.75% 26/09/20221,000,0003.274,569,481HUTCHISON INTL 10 LT VAR PERPETUAL4,300,0000.20278,880HUTCHISON WHAMPOA INTERNATIONAL LTD

4.625% 13/01/2022250,000

1.652,317,680ODEBRECHT FINANCE LTD 7.125% 26/06/20422,000,0000.39549,565ODEBRECHT FINANCE LTD 7.50% PERPETUAL500,0000.56788,151PETROBRAS INTERNATL FINANCE 5.375%

27/01/2021700,000

0.741,032,470SHUI ON DEVELOPMENT SINGAPORE VARPERPETUAL

1,000,000

4.265,962,170Chile

0.731,017,530BANCO DE CREDITO E INVERSIONES 3%13/09/2017

1,000,000

0.741,031,540BANCO SANTANDER CHILE 3.875% 20/09/20221,000,0001.101,541,790CENCOSUD SA 4.875% 20/01/20231,500,0001.492,087,460CFRR INTERNATIONAL SPA 5.125% 06/12/20222,000,0000.20283,850EMPRESA ELECTRICA NORTE GRANDE 5.625%

15/01/2021250,000

0.721,013,120China

0.721,013,120ZOOMLION HK SPV CO LTD 6.125% 20/12/20221,000,000

2.543,557,991Colômbia

0.52728,021BANCOLOMBIA SA 5.125% 11/09/2022700,0001.662,323,700BANCOLOMBIA SA 5.95% 03/06/20212,000,0000.36506,270COLOMBIA TELECOMUNICACIONES SA 5.375%

27/09/2022500,000

1.021,434,894Croácia

1.021,434,894AGROKOR DD 9.125% 01/02/20201,000,000

0.54759,892Egipto

0.54759,892AFRICAN EXPORT-IMPORT BANK 5.75% 27/07/2016700,000

0.54758,580El Salvador

0.54758,580EL SALVADOR 5.875% 30/01/2025750,000

0.51708,239Cazaquistão

0.51708,239DEVELOPMENT BANK OF KAZAKHSTAN 4.125%10/12/2022

700,0000.48666,468Filipinas

0.48666,468ALLIANCE GLOBAL GROUP INC 6.50% 18/08/2017600,000

0.801,125,312Catar

0.801,125,312RAS LAFFAN LIQUIFIED NATL GAS 5.298%30/09/2020

1,250,000

1.572,205,969Coreia do Sul

0.851,191,399KOREA DEVELOPMENT BANK 3.875% 04/05/20171,100,0000.721,014,570KOREA GAS CORP 2.25% 25/07/20171,000,000

0.811,130,360Espanha

0.811,130,360CEMEX ESPANA LUXEMBOURG BRANCH 9.875%30/04/2019

1,000,000


0.841,174,170ABU DHABI NATIONAL ENERGY CO 6.165%25/10/2017

1,000,000

0.831,165,780DOLPHIN ENERGY LIMITED LLC 5.50% 15/12/20211,000,0001.842,596,535DUBAI HOLDING COMMERCIAL OPERA 4.75%

30/01/20142,000,000

0.791,104,020DUBAI HOLDING COMMERCIAL OPERA 6%01/02/2017

700,000

1.161,620,208NATIONAL BANK OF ABU DHABI 3% 13/08/20191,600,0001.361,902,744TAQA ABU DHABI NATIONAL ENERGY COMPAGNY

3.625% 12/01/20231,850,000

1.131,579,155UNION NATIONAL BANK 3.875% 10/11/20161,500,0000.901,263,890UNITED ARAB EMIRATES 7.75% 05/10/20201,000,000


0.781,083,000HALIFAX CORP 7.25% 28/01/20211,000,0000.37524,095RELIANCE HOLDING 4.50% 19/10/2020500,0000.64898,499SOUTHERN COPPER CORP 7.50% 27/07/2035700,000

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1.622,289,240SBERBANK SB CAP SA 6.125% 07/02/20222,000,0002.483,481,950VIP FINANCE 7.748% 02/02/20213,000,0001.161,624,470VTB CAPITAL SA 6% 12/04/20171,500,0001.542,151,140VTB CAPITAL SA 6.25% 30/06/20352,000,000

0.37521,335Malásia

0.37521,335IOI CORPORATION BHD 4.375% 27/06/2022500,000

5.087,121,620México

0.751,045,390ALPEK SAB DE CV 4.50% 20/11/20221,000,0000.15203,740CEMEX SA FRN 30/09/2015200,0000.781,092,880DESARROLLADORA HOMEX SA DE CV 9.75%

25/03/20201,000,000

0.38538,060GRUPO KUO SAB DE CV 6.25% 04/12/2022500,0001.542,156,000MEXICHEM SA DE CV 4.875% 19/09/20222,000,0000.801,127,770MEXICHEM SA DE CV 6.75% 19/09/20421,000,0000.68957,780URBI DESARROLLOS URB 9.75% 03/02/20221,000,000

0.49686,623Mongólia

0.49686,623MONGOLIA 5.125% 05/12/2022700,000

0.911,270,198Marrocos

0.54756,923MOROCCO 4.25% 11/12/2022750,0000.37513,275MOROCCO 5.50% 11/12/2042500,000


0.39546,085GTB FINANCE BV 7.50% 19/05/2016500,0000.34481,350HYVA GLOBAL BV 8.625% 24/03/2016500,0000.48673,476LISTRINDO CAPITAL BV 6.95% 21/02/2019600,0000.16226,150MYRIAD INTL HOLDING BV 6.375% 28/07/2017200,0000.761,053,490ZHAIKMUNAI LLP 7.125% 13/11/20191,000,000

2.132,980,452Peru

0.791,113,620BANCO DE CREDITO DEL PERU 5.375% 16/09/20201,000,0000.38538,360BBVA BANCO CONTINENTAL 5% 26/08/2022500,0000.961,328,472VOLCAN COMPANIA MINERA SA 5.375% 02/02/20221,200,000

3.164,423,340Rússia

1.502,104,420HOME CREDIT AND FINANCE BANK OOO 9.375%24/04/2020

2,000,000

1.662,318,920LUKOIL HOLDINGS 6.125% 09/11/20202,000,000



1,000,000

0.68947,781DBS BANK LTD 3.625% 21/09/2022900,0000.51716,093OVERSEA-CHINESE BANKING VAR 11/03/2023700,000


0.39551,905BANGKOK BANK PUBLIC 4.80% 18/10/2020500,0001.432,000,400PTT PUBLIC COMPANY LIMITED 3.375% 25/10/20222,000,0000.741,038,570SIAM COMMERCIAL BANK PUBLIC CO 3.375%

19/09/20171,000,000

8.2111,500,011Turquia

1.482,070,440TURKIYE GARANTI BANKASI AS 4% 13/09/20172,000,0000.771,080,260TURKIYE GARANTI BANKASI AS 5.25% 13/09/20221,000,0001.532,137,140TURKIYE HALK BANKASI AS 4.875% 19/07/20172,000,0001.141,593,375TURKIYE IS BANKASI AS 6% 24/10/20221,500,0001.632,287,516TURKIYE VAKIFLAR BANKASI AS 6% 01/11/20222,200,0001.662,331,280YAPI VE KREDI BANKASI AS 5.50% 06/12/20222,300,000

1.442,019,900Ucrânia

1.442,019,900UKRAINE 7.65% 11/06/20132,000,000


0.42582,055AFREN PLC 11.50% 01/02/2016500,0000.36504,130SASOL FINANCING INTERNATIONAL 4.50%

14/11/2022500,000

3.655,116,055Venezuela

2.723,817,640PETROLEOS DE VENEZUELA 4.90% 28/10/20144,000,0000.931,298,415PETROLEOS DE VENEZUELA 5.25% 12/04/20171,500,000



0.751,056,250ALTICE FINANCING SA 7.875% 15/12/20191,000,0000.741,035,210EVRAZ GROUP SA 6.75% 27/04/20181,000,0000.771,074,820GAZ CAPITAL SA 4.95% 19/07/20221,000,0001.512,112,780MHP SA 10.25% 29/04/20152,000,0000.741,035,590RUSSIAN STANDARD BANK ZAO 9.25% 11/07/20171,000,0000.63878,000SBERBANK SB CAP SA 5.18% 28/06/2019800,000

0.751,051,770República Dominicana

0.751,051,770AEROPUERTOS DOMINICANOS 9.25% 13/11/20191,000,000

2.203,084,894Ilhas Virgens Britânicas

0.731,023,870COSCO FINANCE CO LTD 4% 03/12/20221,000,0000.31435,309QGOG ATLANTIC / ALASKAN RIGS 5.25% 30/07/2018500,0001.161,625,715SINOPEC GRP OVERSEA DEVELOPMENT 2012 LTD

3.90% 17/05/20221,500,000

0.38534,155SUN HUNG KAI & CO LTD 4.50% 14/02/2022500,0000.19270,073TELEMOVIL FINANCE 8% 01/10/2017250,000

1.251,744,956Índia

0.60845,216AXIS BANK LTD 5.125% 05/09/2017800,0000.65899,740BUMI INVESTMENT PTE LTD 10.75% 06/10/20171,000,000


0.741,034,860PERUSAHAAN PERSEROAN PT 5.25% 24/10/20421,000,000

3.775,287,984Irlanda

0.761,061,050ALFA BOND ISSUANCE 7.50% 26/09/20191,000,0000.731,027,010EUROCHEM FINANCE PLC 5.125% 12/12/20171,000,0002.283,199,924RZD CAPITAL LIMITED 5.70% 05/04/20222,800,000

1.371,915,935Jersey

1.371,915,935ATLANTIC FINANCE VAR 27/05/20141,750,000

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Multi Asset Emerging Markets

97





53.8546,791,663Acções

0.22190,301Áustria

0.22190,301ERSTE GROUP BANK6,008

1.09943,297Bermudas

0.16140,644COSAN CL A8,1250.61522,926CREDICORP LTD.3,5680.32279,727KUNLUN ENERGY134,000

10.208,870,786Brasil

0.34298,088AMBEV-CIA DE BEBIDAS DAS AMERI7,2920.26224,658ARTERIS24,2740.12102,876AUTOMETAL10,0210.56482,278BANCO BRADESCO-SPONSORED ADR27,7650.1195,022BANCO DO BRASIL SA7,6000.17144,539BANCO ESTADO RIO GRANDE DO SUL19,0810.34299,122BOLSA DE MERCADORI43,7470.35306,571BRADESPAR PREF19,1200.29248,939CCR SA26,2060.18157,763CEMIG SP ADR14,5270.65565,972CIA HERING27,5980.51445,720COMPANHIA BRASILEIRA DIST -ADR10,0410.12102,845CPELBN SP.ADR6,7000.0650,677CYRELA BRAZIL REALTY SA5,8000.0652,522DIRECIONAL ENG7,6000.0982,034EMBRAER EMPRESA11,6240.19167,553EMBRAER SA ADR5,8770.0870,761ENERGIAS DO BRASIL S.A11,6000.15133,770EVEN CONSTRUTORA E INCORPORADO29,1380.0756,850FIBRIA CELULOSE SA5,0000.14122,909GAFISA S.A.ADR26,4320.38331,214GERDAU PREF.37,823

0.63550,682VALE SA - ADR26,2730.20170,520VALE SA - PREF ADR8,400

0.23201,582Canadá

0.23201,582PACIFIC RUBIALES8,685

0.14122,112Chile

0.14122,112EMBOT AND SP ADR-B3,216

3.242,811,263China

0.16139,422BBMG153,5000.19165,025CHINA COMMUNICATIONS CONSTR H171,0000.38330,628CHINA CONSTRUCTION BANK H412,0000.19165,598CHINA PACIFIC INSURANCE GR H44,8000.58507,485CHINA PETROLEUM & CHEMICAL H448,0000.37319,753CHINA SHENHUA ENERGY CIE LTD73,0000.20170,343GREAT WALL MOTOR54,0000.22188,754INDUSTRIAL & COMMERCIAL BANK OF CHINA-H266,0000.22188,058MINDRAY MEDICAL INTERNATIONAL5,7510.25220,993PETROCHINA CO LTD-H156,0000.19167,115SHANDONG WEIGAO GROUP MEDICAL168,0000.29248,089ZHUZHOU CSR TIMES ELECTRIC CO H67,000

0.0653,264Colômbia

0.0653,264BANCOLOMBIA ADR800

Multi Asset


0.15130,310ASPEN PHARMACARE6,5420.1197,036AVI LTD13,7330.27236,926DISCOVERY HLDGS32,3230.29250,121LIBERTY HOLDINGS LTD19,0890.15126,501LIFE HEALTHCARE GROUP HOLDINGS LIMITED31,5670.15130,357MR PRICE GROUP7,9000.43380,813NASPERS -N-5,9480.23198,018NORTHAM PLATINUM44,2120.0868,557RAUBEX GROUP34,5200.0872,163RMI HOLDINGS29,7500.23195,500SHOPRIETE HOLDINGS LTD8,1110.35303,833VODACOM GROUP PTY LTD20,789

9.027,842,718Coreia do Sul

0.0322,222DAEWOO INTL6000.12102,284DAUM COMMUNICATIONS CORP1,2020.12106,709E-MART4800.44378,578HANA FINANCIAL GROUP11,6800.27237,342HONAM PETROCHEMICAL CORP1,0350.33283,819HYUNDAI DEPARTMENT STORE NEW1,9110.16142,070HYUNDAI HOME SHOPPING NETWORK CO1,2570.18155,032HYUNDAI MOTOR CO LTD-PFD2,3950.21185,835HYUNDAI WIA CORP1,1500.42361,740KANGWON LAND13,2400.44378,452KIA MOTORS CORP7,1710.39336,761KOREA ELECTRIC POWER CORP11,8400.57494,733LG CHEM1,6050.22194,460LG CORP3,193

0.15126,265HELBOR EMPREENDIMENTOS SA 20,6000.12104,695HYPERMARCAS12,8980.18158,016ITAU UNIBANCO ADR9,6000.62539,985ITAUSA INVESTIMENTOS PREF114,100

0.18156,690JHSF PARTICIPACOES37,2620.42364,169KLABIN PREF.SHS58,2990.0328,546MINERVA5,2000.0756,767MMX MINERACAO TRUST UNITS33,4000.1193,991MPX ENERGIA.17,2600.13117,174PCAPN PCA42,6510.30264,230PETROLEO BRASILEIRO PREF.SHS27,7160.73634,757PETROLEO BRASILEIRO-SP ADR32,8890.16138,906SABESP3,2740.14119,071SARAIVA SA LIVREIROS EDITORES9,3950.13111,770SUZANO BAHIA SUL PAPEL PFD A32,6000.41352,479TELEFONICA BRAZIL ADR 1 PFD14,6500.17149,369TIM PARTICIPACOES37,2970.1090,021USIMINAS PREF.SHS A14,400

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98



0.23200,398SHANGHAI INDUSTRIAL HOLDINGS57,0000.28239,925TECHTRONIC INDUSTRIES129,5000.27234,555WHARF HOLDINGS30,000

0.72628,583Hungria

0.0866,877MOL HUNGARIAN OIL AND GAS PLC8320.64561,706OTP BANK29,897


0.47411,249ASTRA INTERNATIONAL TBK PT521,5000.35300,264BANK CENTRAL ASIA318,0000.30260,124BANK MANDIRI309,5000.22186,936GUDANG GARAM32,0000.0763,424MEDIA NUSANTARA CITRA TBK PT244,5000.25221,201PT SEMEN GRESIK TBK134,500

0.0979,123TAMBANG BATUBARA-B-50,5000.12100,477TELKOM -B-107,000

0.28247,428Jersey

0.28247,428POLYMETAL INTERNATIONAL PLC12,955


0.33290,372TERNIUM SA ADR12,330

1.15998,236Malásia

0.0760,484AMMB HOLDINGS BHD27,2000.13112,923AXIATA GROUP BHD52,4000.27233,541CIMB GROUP HOLDINGS BERHAD93,6000.1196,819GENTING MALAYSIA BHD83,4000.20175,802KUALA LUMPUR KEPONG22,4000.20171,103PUBLIC BANK -F-32,1000.17147,564SIME DARBY47,400

0.0977,158Maurício


2.862,480,683México

0.62545,987AMERICA MOVIL-ADR-L23,5950.0649,691BOLSA MEXICANA DE VALORES19,8000.16138,158FIBRA UNO ADMINISTRACION SA46,0030.40349,530FOMENTO ECONOMICO MEXICANO SA DE CV

FEMSA ADR3,471

0.48417,275GRUPO FIN BANORTE64,9340.1192,900GRUPO INDUSTRIAL MASECA S.A.B.30,7990.42362,440GRUPO MEXICO SAB DE CV -B-100,6770.40344,477GRUPO TELEVISA GDR12,9600.21180,225MEXICHEM S.A.B. DE C.V32,456

0.0649,725Panamá

0.0649,725COPA HOLDINGS CLASS A500

0.19167,887Peru

0.19167,887CIA DE MINAS BUENAVENTURA-SP ADR4,670

0.22192,078Polónia

0.12107,832POLSKI KONCERN NAFTOWY ORLEN SA6,7420.1084,246TAURON POLSKA ENERGIA SA54,891

3.953,428,780Rússia

0.21184,828BASHNEFT PREF SHS4,2350.65556,048GAZPROM OAO-SPON ADR REG58,7790.13112,852LUKOIL SP ADR1,7060.23199,867M VIDEO OJSC25,392


0.1299,491CESKE ENERGETICKE ZAVODY A.S.2,7850.0979,843KOMERCNI BANKA AS3790.0324,872TELEFONICA CZECH1,463


0.22192,205BEIJING ENTERPRISE29,5000.19167,394BRILLIANCE CHINA AUTOMOTIVE136,0000.18153,893CHINA MERCHANTS HOLDINGS48,0001.13972,266CHINA MOBILE LTD83,5000.51447,049CHINA OVERSEAS LAND & INVESTMENT LTD150,0000.22193,951CHINA RESOURCES POWER76,0000.21182,675CHINA UNICOM114,0000.31273,454CN TAIPING INSU SHS135,0000.40348,553CNOOC LIMITED161,0000.17149,287GUANGDONG INVESTMENT LTD190,0000.22194,034HENGAN INTERNATIONAL GROUP CO LTD21,5000.23197,445LENOVO GROUP LTD218,000


0.14121,492AIRTAC INTERNATIONAL GROUP21,0000.34294,007CHINA RESOURCES LAND LTD108,0000.25218,431COUNTRY GARDEN HOLDINGS CO417,0000.22191,592ENN ENERGY HOLDINGS LTD44,0000.13113,988LIFESTYLE INTERNATIONAL HOLDINGS LTD46,5000.1197,593MSTAR SEMICONDUCTOR INC13,0000.46398,357TENCENT HOLDINGS LTD12,4000.18158,993TPK HOLDING CO LTD9,0000.13109,774XINYI GLASS HOLDINGS178,000


0.29255,212FIRST GULF BANK80,811


0.0650,145BAIDU ADS500


0.31273,593AYALA CORP21,7300.32276,219BANCO DE ORO UNIBANK155,8000.51437,088METRO BANK & TRUST175,9600.22192,026SM INVESTMENTS CORP8,9400.40351,518SM PRIME HLDGS874,800

0.17148,290LG DISPLAY CO LTD ADR10,2410.0980,071ORION CORP78


0.0866,800PETROPAVLOVSK PLC11,384

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99



0.23202,000SAMSUNG ELECTRO-MECHANICS2,1802.762,408,301SAMSUNG ELECTRONICS CO LTD1,6940.37323,904SAMSUNG ELECTRONICS PREF SHS4070.24210,756SAMSUNG FIRE & MARINE1,0350.0761,637SAMSUNG SDI4370.51440,910SHINHAN FINANCIAL GROUP12,1500.29253,273SK HYNIX INC10,5300.0650,656SK TELECOM SP ADR3,2000.22189,158WOONG JIN COWAY CO LTD4,6500.1193,725YUHAN CORP580

3.613,135,332Taiwan

0.0871,160ADVANCED SEMICONDUCTOR ENGI82,0000.0656,218ASUSTEK COMPUTER5,0000.1194,907AU OPTRONICS CORP212,0000.16136,425CHINATRUST FIN HLDG231,0000.21185,492CHUNGHWA TELECOM CO LTD57,0000.15128,362DELTA ELECTRONIC INDUSTRIAL INC35,0000.0974,001FAR EASTONE TELECOMMUNICATION29,0000.30262,550FORMOSA PLASTICS97,0000.1196,284HOTAI MOTOR CO LTD12,0000.12107,166LARGAN PRECISION4,0000.0759,661PHISON ELECTRONICS CORP9,0000.1191,728QUANTA COMPUTER39,0000.12106,994RADIANT OPTO-ELECTRONICS26,0000.13115,638SIMPLO TECHNOLOGY23,0000.0981,063SYNNEX TECHNOLOGY INTL44,0000.21179,504TAIWAN CEMENT134,0001.331,152,416TAIWAN SEMICONDUCTOR MANUFACTURING CO

LTD345,000

0.0218,031UNIMICRON TECHNOLOGY17,0000.0540,291UNITED MICROELECTRONICS CORP100,0000.0329,023WISTRON CORP28,0000.0648,418WPG HOLDINGS CO LTD37,000


0.14121,615ADVANCED INFO SCE PUB. CO LTD17,8000.34299,255BANGKOK BANK43,8000.14124,211C.P. ALL PCL82,6000.14118,822GLOW ENERGY PLC FOREIGN46,9000.47399,777KASIKORNBANK -F-63,2000.30258,385KRUNG THAI BANK PUBLIC FOREIGN395,2000.42366,838PTT PUBLIC COMPANY FOREIGN33,8000.41359,529SIAM CEMENT -F-23,5000.1196,630SUPALAI PUBLIC FOREIGN167,000

0.17143,965Turquia

0.17143,965EMLAK KONUT REIT82,35136.6431,834,985Obrigações


0.52455,165ARGENTINA 0% 03/10/2015500,0000.28243,169ARGENTINA 8.28% 31/12/2033250,000

0.24206,028Bielorrússia

0.24206,028BELARUSSIA 8.75% 03/08/2015200,000

2.091,813,873Brasil

0.23201,620BANCO DO BRASIL SA GRAND CAYMAN BRANCH3.875% 10/10/2022

200,000

1.511,312,500BRAZIL 5.625% 07/01/20411,000,0000.35299,753BRAZIL 8.50% 05/01/2024500,000


0.26225,186PETROBRAS INTERNATL FINANCE 5.375%27/01/2021

200,000


0.79687,600COLOMBIA 6.125% 18/01/2041500,000

1.261,097,830Croácia

1.261,097,830CROATIA 6.25% 27/04/20171,000,000

0.23198,914Egipto

0.23198,914EGYPT 5.75% 29/04/2020200,000

0.62537,023El Salvador

0.29252,860EL SALVADOR 5.875% 30/01/2025250,0000.33284,163EL SALVADOR 7.65% 15/06/2035250,000

1.11966,806Hungria

0.79688,508HUNGARY 6% 11/01/2019500,0000.32278,298HUNGARY 6.375% 29/03/2021250,000


1.301,133,480PARTAMINA PERSERO PT 6% 03/05/20421,000,000

0.20174,411ROSTELEKOM PREF58,8530.49422,573SBERBANK OF RUSSIA138,8190.23203,708SBERBANK PREF92,3400.35303,134SBERBANK RUS.ADR24,6450.54469,107SURGUTNEFTEGAZ PRF718,9610.42363,460TNK BP HOLDING193,9900.17150,778TRANSNEFT OJSC PREF SHS67


1.171,012,651PHILIPPINES 3.90% 26/11/202240,000,000

0.30263,678Eslovenia

0.30263,678SLOVENIA (REPUBLIC OF) 5.50% 26/10/2022250,000


1.951,697,025SOUTH AFRICA 4.665% 17/01/20241,500,0000.63546,079SOUTH AFRICA 7% 28/02/20315,000,000


0.24205,702TAQA ABU DHABI NATIONAL ENERGY COMPAGNY3.625% 12/01/2023

200,000

0.21182,080MOBILE TELESYSTEMS-SP ADR9,7630.12105,934OJSC MAGNIT670

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100



0.74641,615Lituânia

0.74641,615LITHUANIA 6.625% 01/02/2022500,000


0.23203,748SBERBANK SB CAP SA 5.125% 29/10/2022200,0000.63541,490VTB CAPITAL SA 6% 12/04/2017500,000

1.301,131,160México

1.301,131,160MEXICO 4.75% 08/03/20441,000,000

0.23196,178Mongólia

0.23196,178MONGOLIA 5.125% 05/12/2022200,000

0.76660,330Marrocos

0.46403,692MOROCCO 4.25% 11/12/2022400,0000.30256,638MOROCCO 5.50% 11/12/2042250,000


0.33287,253VIMPELCOM HOLDINGS BV 7.504% 01/03/2022250,000

1.00865,777Peru

0.12106,290BANCO DE CREDITO DEL PERU 4.75% 16/03/2016100,0000.12107,672BBVA BANCO CONTINENTAL 5% 26/08/2022100,0000.76651,815PERU 5.625% PERPETUAL500,000

1.731,502,775Polónia

1.731,502,775POLOGNE 3% 17/03/20231,500,000

2.111,834,277Roménia

1.601,393,391ROMANIA 4.875% 07/11/20191,000,0000.51440,886ROMANIA 5.80% 26/10/20151,500,000

1.251,086,503Rússia

1.251,086,503RUSSIA 8.15% 03/02/202730,000,000

0.36312,273Sérvia

0.36312,273SERBIA MONTENEGRO 5.25% 21/11/2017300,000

0.62536,985Sri Lanka

0.62536,985SRI LANKA 5.875% 25/07/2022500,000

3.813,318,023Turquia

0.93806,328TURKEY 0% 11/09/20131,500,0002.151,873,695TURKEY 6% 14/01/20411,500,0000.73638,000TURKEY 8.50% 14/09/20221,000,000

2.332,024,059Ucrânia

1.161,009,949UKRAINE 7.65% 11/06/20131,000,0000.58505,140UKRAINE 7.80% 28/11/2022500,0000.59508,970UKRAINE 7.95% 04/06/2014500,000

2.191,905,020Venezuela

1.05914,430PETROLEOS DE VENEZUELA 5% 28/10/20151,000,0000.57491,990PETROLEOS DE VENEZUELA 8.50% 02/11/2017500,0000.57498,600VENEZUELA 9.25% 15/09/2027500,000

3.873,359,086Warrants, direitos3.432,974,766Bermudas

0.26225,518CLSA CW10 MAHINDRA MAH 28/06/201513,3110.34298,982CLSA FIN CERT ONE ZEE TELEFILMS 03/05/201574,4940.40346,429CLSA FINANCIAL PRODUCTS LTD CERTIFICAT

05/05/201566,423

0.17144,070CLSA FINANCIAL PRODUCTS WRT CAIRN INDIA24,7370.63538,423CLSA FINANCIAL PRODUCTS WRTS HDFC BANK

28/06/201543,631

0.28245,531CLSA FINANCIAL PRODUCTS WRTS INFOSYS10/05/2015

5,823

0.33289,432CLSA FINANCIAL PRODUCTS WRTS LUPIN07/06/2015

25,928

0.27231,594CLSA FINANCIAL WTS 27,4440.49424,721CLSA WARRANT 17/05/15 RELIANCE INDS27,8190.26230,066CLSA WRT JINDAL STEEL 30/06/201528,249


0.19168,660JP MORGAN STRUCTURED CERT MARUTI SUZUKI15/02/2017

6,188

0.1088,547JP MORGAN STRUCTURED WRT NTPC 29/03/201730,9420.15127,113JP MORGAN STRUCTURED WRT WOCKHARDT

09/10/20174,401


0.17144,384Acções0.17144,384Indonésia

0.17144,384PERUSAHAAN GAS NEGARA TBK302,500



1.281,112,200AMUNDI ETF MSCI BRAZIL20,000


0.70605,965República Dominicana

0.70605,965DOMINICAN REPUBLIC 8.625% 20/04/2027500,000

0.27236,675Iraque

0.27236,675IRAQ 5.80% 15/01/2028250,000

1.321,142,830Irlanda

1.321,142,830RZD CAPITAL LIMITED 5.70% 05/04/20221,000,000

0.57495,360Látvia

0.57495,360LATVIA 2.75% 12/01/2020500,000

1.171,016,480Líbano

1.171,016,480LEBANON 6.60% 27/11/20261,000,000

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Index Equity Euro

101





99.40158,987,614Acções

1.011,609,674Áustria

0.15240,176ANDRITZ AG4,9480.19311,339ERSTE GROUP BANK12,9590.13201,701IMMOFINANZ AKT63,5080.19305,501OMV AG11,1680.08124,971RAIFFEISEN INTL BANK HOLDING3,9730.08123,485TELEKOM AUSTRIA AG21,5130.0463,746VERBUND A3,3980.0572,352VIENNA INSURANCE1,7920.10166,403VOESTALPINE AG6,016

4.026,432,148Bélgica

0.00-AGEAS NV1900.23366,647AGEAS NV16,4600.0010ANHEUSER BUSCH INBEV STRIP VVP10,0162.183,476,599ANHEUSER-BUSH INBEV52,8680.15240,855BELGACOM10,8640.10153,589COLRUYT DIV4,1050.22344,437GROUPE BRUXELLES LAMBERT5,7550.14231,241GROUPE DELHAIZE7,7390.25405,691KBC GROUPE15,7550.27439,069SOLVAY4,0300.10163,266TELENET GROUP HOLDING4,5900.19309,429UCB SA7,0670.19301,315UMICORE7,294

Indexadas

30.1348,189,152Alemanha

0.58920,132ADIDAS AG13,6661.963,136,559ALLIANZ SE-NOM29,9290.0470,058AXEL SPRINGER2,1702.714,312,046BASF SE60,6052.483,963,511BAYER AG55,1331.011,611,024BAYERISCHE MOTORENWERKE22,0900.11172,934BAYERISCHE MOTORENWERKE PFD3,5470.26418,556BEIERSDORF6,7640.21330,903BRENNTAG AG3,3280.0457,072CELESIO4,3750.24377,660COMMERZBANK263,3610.38610,064CONTINENTAL AG6,9651.532,454,367DAIMLER59,3991.251,997,100DEUTSCHE BANK AG-NOM60,6100.38601,700DEUTSCHE BOERSE AG13,0210.12193,992DEUTSCHE LUFTHANSA13,6230.631,007,902DEUTSCHE POST AG-NOM60,7171.021,628,813DEUTSCHE TELEKOM AG-NOM189,5071.081,729,083E.ON SE122,7170.06100,435FRAPORT2,2860.47757,972FRESENIUS MEDICAL CARE AG & CO14,4900.47759,425FRESENIUS SE & CO KGAA8,7190.18284,831GEA GROUP AG11,6400.15246,630HANNOVER RUECKVERSICHERUNG NOM4,1830.29467,512HEIDELBERGCEMENT AG10,2010.29465,604HENKEL KGAA8,9660.44701,305HENKEL KGAA VZ11,2750.0471,869HOCHTIEF1,6360.08121,615HUGO BOSS AG1,5220.28452,915INFINEON TECHNOLOGIES AG-NOM73,8970.23375,059KABEL DEUTSCHLAND HOLDING AG6,6300.26420,420K+S AG NOM.12,0120.24383,438LANXESS5,7861.021,624,128LINDE AG12,3040.15241,927MAN SE2,9960.27426,973MERCK KGAA4,2770.11183,876METRO8,7561.021,629,144MUENCHENER RUECKVERSICHERUNGS AG-NOM11,9790.37596,701PORSCHE AUTOMOBIL HOLDING SE 9,6710.10156,065PROSIEBEN SAT 1 MEDIA VZ7,3270.651,041,792RWE AG33,3480.0348,472RWE VZ1,6990.06103,885SALZGITTER AG2,6352.333,727,094SAP AG61,4122.804,464,364SIEMENS AG-NOM54,3110.10159,815SUEDZUCKER5,1570.26412,654THYSSENKRUPP AG23,2350.09146,741UNITED INTERNET AG & CO KGAA8,997

0.20326,477VOLKSWAGEN AG2,0061.061,696,538VOLKSWAGEN AG-PFD9,855

10.3016,481,163Espanha

0.20326,127ABERTIS INFRAESTRUCTURAS A26,2900.0462,604ACCIONA SA1,0790.12184,155ACS9,6240.25397,916AMADEUS IT HOLDING20,8881.592,543,930BANCO BILBAO VIZCAYA ARGENTA367,6200.24384,456BANCO DE SABADELL190,7970.15239,604BANCO POPULAR ESPANOL410,2802.554,089,946BANCO SANTANDER SA680,7500.0123,222BANKIA SA57,4810.07104,546CAIXABANK41,3880.10156,940CORPORACION MAFPRE SA65,9410.11176,910DIA SA36,7720.12198,280ENAGAS12,2850.20321,143FERROVIAL SA28,5460.18280,194GAS NATURAL SDG20,4970.0228,917GRIFOLS B1,5300.13200,550GRIFOLS SA7,8340.691,108,147IBERDROLA SA267,9920.951,517,562INDITEX14,5430.08130,115INTERNATIONAL CONSOLIDATED AIRLINES GROUP

SA57,829

0.19309,571RED ELECTRICA CORPORACION8,2060.53852,487REPSOL55,0881.712,732,903TELEFONICA SA268,7220.07110,938ZARDOYA OTIS10,272

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Index Equity Euro

102



0.681,092,500UNIBAIL RODAMCO5,9070.16252,245VALLOUREC6,4160.13207,906VEOLIA ENVIRONNEMENT22,9730.701,119,110VINCI SA31,3520.931,490,373VIVENDI87,8240.13201,671WENDEL ACT2,6130.14229,246ZODIAC AEROSPACE2,762

0.23369,695Grécia

0.16250,187COCA COLA HBC14,8040.07119,508OPAP SA21,808

0.901,434,468Irlanda

0.00-ANGLO IRISH BANK CORP25,7530.47742,143CRH PLC48,7290.16254,902ELAN CORP32,9970.25405,100KERRY GROUP A10,1720.004,178PROTHENA CORP8040.0228,145RYANAIR HOLDINGS PLC6,023

7.4811,958,459Itália

0.681,093,237ASSICURAZIONI GENERALI79,5660.18287,371ATLANTIA SPA21,0220.0693,617BANCA MONTE DEI PASCHI DI SIENA SPA414,7830.09141,400BANCO POPOLARE SPA112,4010.07119,307ENEL GREEN POWER84,9160.871,393,570ENEL SPA444,0951.963,147,748ENI SPA171,6330.0462,947EXOR SPA3,3130.30481,399FIAT INDUSTRIAL SPA58,316

1.742,787,125BNP PARIBAS65,8350.16258,186BOUYGUES11,6510.17277,962BUREAU VERITAS3,3020.18293,676CAP GEMINI SA8,8510.47756,960CARREFOUR SA39,2920.18292,870CASINO GUICHARD4,0530.17266,966CGG VERITAS11,8520.28448,099CHRISTIAN DIOR3,5090.07111,373CNP ASSURANCES9,6720.54863,337COMPAGNIE DE SAINT-GOBAIN SA26,9120.28441,597CREDIT AGRICOLE SA72,9431.161,860,082DANONE37,6840.20317,016DASSAULT SYSTEMES3,7530.19297,956EDENRED12,8540.15237,777ELECTRICITE DE FRANCE17,2240.651,032,843ESSILOR INTERNATIONAL13,7000.0579,482EURAZEO2,2180.15241,150EUTELSAT COMMUNICATIONS9,7140.07109,714FONCIERE DES REGIONS1,7210.651,045,799FRANCE TELECOM SA126,3500.841,341,275GDF SUEZ87,0110.08125,340GECINA1,4670.15239,807GROUPE EUROTUNNEL41,2890.0693,743ICADE ACT1,3800.10160,306ILIAD1,2480.08124,211IMERYS SA2,5770.0348,003JC DECAUX2,6930.13212,051KLEPIERRE7,0920.38602,452LAFARGE SA12,597

0.12198,254LAGARDERE7,9080.29470,588LEGRAND14,8311.081,722,388L’OREAL16,4351.482,362,581LVMH MOET HENNESSY LOUIS VUITTON17,1450.55877,074MICHELIN SA12,3150.10154,184NATIXIS60,5830.781,250,302PERNOD RICARD14,4310.07112,308PEUGEOT SA20,6410.45719,694PPR5,1370.33531,973PUBLICIS GROUPE11,8440.10153,396REMY COINTREAU1,8580.32513,193RENAULT SA12,7280.08134,604REXEL8,7010.31494,573SAFRAN15,2273.485,579,465SANOFI78,8841.211,939,555SCHNEIDER ELECTRIC SA35,5360.16252,067SCOR SE ACT PROV12,3170.841,339,799SOCIETE GENERALE A47,5950.25393,724SODEXO6,1780.08130,997SUEZ ENVIRONNEMENT COMPANY14,3810.37597,818TECHNIP SA6,9080.09137,283THALES SA5,2733.425,477,400TOTAL140,771


0.08135,881ELISA OYJ8,1220.24389,111FORTUM OYJ27,4990.0694,522KESKO OYJ B3,8160.36579,260KONE B10,3810.15237,288METSO OYJ7,4060.0355,308NESTE OIL5,6610.48746,902NOKIA OYJ255,2640.14224,907NOKIAN RENKAAT OYJ7,4720.08126,071ORION NEW B5,6840.08132,603POHJOLA BANK11,7660.44692,960SAMPO A28,4700.15233,948STORA ENSO OYJ-R44,6040.21343,219UPM KYMMENE OYJ38,9800.22356,419WARTSILA OYJ10,893

31.3050,072,620França

0.14224,014ACCOR8,4870.08134,940ADP2,3131.231,968,903AIR LIQUIDE20,9480.25403,329ALSTOM13,4780.23361,237ARKEMA4,5450.10161,172ATOS3,0870.951,514,434AXA SA114,5130.13201,162BIC2,205

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Index Equity Euro

103



0.20312,370DE MASTER BLENDERS 1753 NV W/I35,9500.06103,831DELTA LLOYD8,3600.52824,765EADS28,0580.13203,850FUGRO NV CERTIFICAT-CVA4,6120.24390,671GEMALTO5,7460.16263,657HEINEKEN HOLDING NV6,3770.49790,218HEINEKEN NV15,7321.141,824,382ING GROEP NV-CVA260,9990.41657,526KONINKLIJKE AHOLD NV64,7490.29463,892KONINKLIJKE DSM NV10,1820.16262,594KONINKLIJKE KPN NV71,6490.17270,612KONINKLIJKE VOPAK N.V.5,1030.15244,599QIAGEN NV17,7890.15233,524RANDSTAD HOLDING NV8,4610.30478,916REED ELSEVIER NV43,2040.861,374,120ROYAL PHILIPS ELECTRONICS NV69,2950.12184,001STMICROELECTRONICS NV34,4120.12192,039TNT EXPRESS NV22,8891.983,162,487UNILEVER CVA109,9040.17265,487WOLTERS KLUWER CVA17,2450.11169,541ZIGGO NV6,864

0.651,039,987Portugal

0.08123,029BANCO ESPERITO SANTO REG136,5470.19318,826EDP - ENERGIAS DE PORTUGAL139,0430.11174,071GALP ENERGIA SGPS SA-B14,9610.16248,192JERONIMO MARTINS SGPS SA16,9820.11175,869PT TELECOM SGPS N46,861


0.0110,417GRIFOLS DTS 11,600


0.13200,430FIAT SPA52,8840.09143,168FINMECCANICA SPA32,8970.55873,172INTESA SANPAOLO SPA671,6710.0344,954INTESA SANPAOLO SPA42,1310.22347,673LUXOTTICA GROUP11,1900.07115,170MEDIOBANCA SPA24,7040.11170,668PIRELLI & C SPA19,7190.11168,652PRYSMIAN SPA11,2360.33522,683SAIPEM17,8390.27432,823SNAM RETE GAS123,1710.27437,102TELECOM ITALIA SPA639,9740.13215,395TELECOM ITALIA-RNC360,4930.17269,218TERNA SPA89,0270.11173,747UBI BANCA SCPA49,5570.641,023,008UNICREDIT SPA REGR276,0411.081,734,994Luxemburgo

0.50812,901ARCELORMITTAL SA63,1870.27433,442SES GLOBAL FDR20,1320.31488,651TENARIS SA31,364


0.37596,088AEGON NV124,7830.46742,084AKZO NOBEL NV-CVA14,9810.641,024,883ASML HOLDING N.V.21,4030.10155,222BOSKALIS WESTMINSTER4,5910.08125,496CORIO3,626

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13.3159,343,166Alemanha

0.291,279,674ADIDAS AG19,0060.873,879,172ALLIANZ SE-NOM37,0150.0273,126AXEL SPRINGER2,2651.205,381,999BASF SE75,6431.074,769,830BAYER AG66,3490.472,077,994BAYERISCHE MOTORENWERKE28,4930.06285,119BAYERISCHE MOTORENWERKE PFD5,8480.11492,317BEIERSDORF7,9560.08361,229BRENNTAG AG3,6330.0271,813CELESIO5,5050.08356,260COMMERZBANK248,4380.16691,611CONTINENTAL AG7,8960.713,158,501DAIMLER76,4400.592,625,588DEUTSCHE BANK AG-NOM79,6840.15647,032DEUTSCHE BOERSE AG14,0020.06288,260DEUTSCHE LUFTHANSA20,2430.261,179,978DEUTSCHE POST AG-NOM71,0830.421,886,422DEUTSCHE TELEKOM AG-NOM219,4790.492,182,865E.ON SE154,9230.04187,734FRAPORT4,2730.21940,115FRESENIUS MEDICAL CARE AG & CO17,9720.20897,566FRESENIUS SE & CO KGAA10,3050.08346,373GEA GROUP AG14,1550.09379,879HANNOVER RUECKVERSICHERUNG NOM6,4430.14611,326HEIDELBERGCEMENT AG13,3390.11489,077HENKEL KGAA9,4180.21934,493HENKEL KGAA VZ15,0240.04160,689HUGO BOSS AG2,0110.14617,546INFINEON TECHNOLOGIES AG-NOM100,7580.10429,649KABEL DEUTSCHLAND HOLDING AG7,5950.09405,615K+S AG NOM.11,5890.11500,604LANXESS7,5540.421,894,200LINDE AG14,3500.07331,398MAN SE4,1040.11497,353MERCK KGAA4,9820.06247,632METRO11,7920.441,974,992MUENCHENER RUECKVERSICHERUNGS AG-NOM14,5220.15661,733PORSCHE AUTOMOBIL HOLDING SE 10,7250.05223,458PROSIEBEN SAT 1 MEDIA VZ10,4910.271,221,047RWE AG39,0860.04171,775SALZGITTER AG4,3571.064,713,974SAP AG77,6731.225,487,508SIEMENS AG-NOM66,7580.04192,758SUEDZUCKER6,2200.11474,032THYSSENKRUPP AG26,6910.05217,624UNITED INTERNET AG & CO KGAA13,3430.09410,618VOLKSWAGEN AG2,5230.462,033,608VOLKSWAGEN AG-PFD11,813

Index Equity Europe

104





99.38443,109,327Acções

0.19844,117Bermudas

0.19844,117SEADRILL LTD30,666


0.05203,941A.P. MOELLER-MAERSK A380.16708,040A.P. MOELLER-MAERSK B1240.14636,009CARLSBERG B8,5650.07292,970COLOPLAST B7,9050.17772,985DANSKE BANK AS60,2920.04184,903DSV9,4680.934,168,512NOVO NORDISK B33,9330.11481,573NOVOZYMES AS-B22,5680.06262,847TDC48,9760.02100,671TRYGVESTA1,7610.0138,462WILLIAM DEMANT HOLDING593

4.5720,369,255Espanha

0.11499,252ABERTIS INFRAESTRUCTURAS A40,2460.0281,054ACCIONA SA1,3970.05216,608ACS11,3200.09391,020AMADEUS IT HOLDING20,5260.703,119,875BANCO BILBAO VIZCAYA ARGENTA450,8490.12522,884BANCO DE SABADELL259,4960.05203,726BANCO POPULAR ESPANOL348,8461.165,181,833BANCO SANTANDER SA862,4890.0130,866BANKIA SA76,4000.04181,410CAIXABANK71,8170.06249,622CORPORACION MAFPRE SA104,8830.05241,926DIA SA50,2860.07308,500ENAGAS19,1140.08349,448FERROVIAL SA31,062

0.462,034,961Áustria

0.08342,887ANDRITZ AG7,0640.09388,556ERSTE GROUP BANK16,1730.05232,528IMMOFINANZ AKT73,2140.10439,020OMV AG16,0490.02110,218RAIFFEISEN INTL BANK HOLDING3,5040.04162,195TELEKOM AUSTRIA AG28,2570.04181,122VIENNA INSURANCE4,4860.04178,435VOESTALPINE AG6,451

1.798,002,981Bélgica

0.11510,588AGEAS NV22,9220.008ANHEUSER BUSCH INBEV STRIP VVP8,0400.984,335,886ANHEUSER-BUSH INBEV65,9350.06252,649BELGACOM11,3960.07301,864COLRUYT DIV8,0680.09400,815GROUPE BRUXELLES LAMBERT6,6970.03144,589GROUPE DELHAIZE4,8390.08363,951KBC GROUPE14,1340.13586,478SOLVAY5,3830.04195,742TELENET GROUP HOLDING5,5030.10455,671UCB SA10,4070.10454,740UMICORE11,008

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Index Equity Europe

105



0.04184,026REMY COINTREAU2,2290.12542,788RENAULT SA13,4620.0267,387REXEL4,3560.15650,704SAFRAN20,0341.546,895,396SANOFI97,4890.522,301,693SCHNEIDER ELECTRIC SA42,1710.09386,482SCOR SE ACT PROV18,8850.351,572,037SOCIETE GENERALE A55,8450.10454,841SODEXO7,1370.05235,449SUEZ ENVIRONNEMENT COMPANY25,8480.14636,934TECHNIP SA7,3600.05221,584THALES SA8,5111.506,710,808TOTAL172,4700.321,439,096UNIBAIL RODAMCO7,7810.09379,547VALLOUREC9,6540.07300,116VEOLIA ENVIRONNEMENT33,1620.311,395,960VINCI SA39,1080.421,885,045VIVENDI111,0810.0282,505WENDEL ACT1,0690.04166,249ZODIAC AEROSPACE2,0030.09391,358Grécia

0.07309,980COCA COLA HBC18,3420.0281,378OPAP SA14,850

0.07330,646Guernsey

0.07330,646RESOLUTION LIMITED109,120

0.441,942,677Irlanda

0.00-ANGLO IRISH BANK CORP49,1790.22976,381CRH PLC64,1090.09389,618ELAN CORP50,4360.09404,662KERRY GROUP A10,1610.006,391PROTHENA CORP1,2300.04165,625RYANAIR HOLDINGS PLC35,443

0.03152,787STORA ENSO OYJ-R29,1300.09417,542UPM KYMMENE OYJ47,4210.12515,405WARTSILA OYJ15,752

13.8861,869,239França

0.08376,472ACCOR14,2630.03112,071ADP1,9210.532,344,017AIR LIQUIDE24,9390.12527,368ALSTOM17,6230.11503,744ARKEMA6,3380.05220,117ATOS4,2160.421,873,110AXA SA141,6340.04158,649BIC1,7390.803,571,508BNP PARIBAS84,3630.10452,662BOUYGUES20,4270.11473,765BUREAU VERITAS5,6280.11477,062CAP GEMINI SA14,3780.20876,384CARREFOUR SA45,4910.05222,489CASINO GUICHARD3,0790.06250,636CGG VERITAS11,1270.14631,221CHRISTIAN DIOR4,9430.05217,726CNP ASSURANCES18,9080.231,025,181COMPAGNIE DE SAINT-GOBAIN SA31,9570.11510,128CREDIT AGRICOLE SA84,2630.522,320,957DANONE47,0210.11484,858DASSAULT SYSTEMES5,7400.09379,225EDENRED16,3600.08377,373ELECTRICITE DE FRANCE27,3360.291,278,237ESSILOR INTERNATIONAL16,9550.07297,006EUTELSAT COMMUNICATIONS11,964

0.04190,613FONCIERE DES REGIONS2,9900.311,386,530FRANCE TELECOM SA167,5160.381,696,452GDF SUEZ110,0520.05226,160GECINA2,6470.06265,489GROUPE EUROTUNNEL45,7110.0286,543ICADE ACT1,2740.03145,534ILIAD1,1330.04165,037IMERYS SA3,4240.03146,539JC DECAUX8,2210.03133,713KLEPIERRE4,4720.14621,629LAFARGE SA12,9980.07330,047LAGARDERE13,1650.12550,611LEGRAND17,3530.482,144,313L’OREAL20,4610.662,945,475LVMH MOET HENNESSY LOUIS VUITTON21,3750.251,125,561MICHELIN SA15,8040.03140,191NATIXIS55,0850.341,538,033PERNOD RICARD17,7520.03113,891PEUGEOT SA20,9320.18781,478PPR5,5780.15664,787PUBLICIS GROUPE14,801


0.0285,925ELISA OYJ5,1360.12541,705FORTUM OYJ38,2830.02105,941KESKO OYJ B4,2770.19838,953KONE B15,0350.09401,493METSO OYJ12,5310.0281,071NESTE OIL8,2980.19827,889NOKIA OYJ282,9420.04185,235NOKIAN RENKAAT OYJ6,1540.03127,912ORION NEW B5,7670.03127,993POHJOLA BANK11,3570.20888,630SAMPO A36,509

0.08372,576GAS NATURAL SDG27,2550.0131,979GRIFOLS B1,6920.05219,443GRIFOLS SA8,5720.301,358,546IBERDROLA SA328,5480.411,821,638INDITEX17,4570.03152,017INTERNATIONAL CONSOLIDATED AIRLINES GROUP

SA67,563

0.05232,726RED ELECTRICA CORPORACION6,1690.231,040,663REPSOL67,2480.793,533,952TELEFONICA SA347,4880.0127,691ZARDOYA OTIS2,564

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Index Equity Europe

106



0.291,313,869UNICREDIT SPA REGR354,525

1.084,808,574Jersey

0.06245,929CAPITAL SHOPPING CENTERS GROUP56,2550.21915,776EXPERIAN PLC75,8620.301,364,844GLENCORE INTERNATIONAL315,8650.11499,707PETROFAC LIMITED25,0450.14631,364RANDGOLD RESOURCES8,5980.261,150,954WPP PLC106,081


0.20891,891ARCELORMITTAL SA69,3270.06248,907MILLICOM INTL CELLULAR SDR3,8090.12552,094SES GLOBAL FDR25,6430.07317,171SUBSEA 7 SA17,7330.14633,202TENARIS SA40,642


0.14621,373AEGON NV130,0760.231,035,678AKZO NOBEL NV-CVA20,9080.301,323,637ASML HOLDING N.V.27,642

0.03122,054BOSKALIS WESTMINSTER3,6100.06252,584CORIO7,2980.11489,373DE MASTER BLENDERS 1753 NV W/I56,3210.0280,121DELTA LLOYD6,4510.22964,038EADS32,7960.07295,123FUGRO NV CERTIFICAT-CVA6,6770.12522,571GEMALTO7,6860.09402,452HEINEKEN HOLDING NV9,7340.22989,531HEINEKEN NV19,7000.462,089,214ING GROEP NV-CVA298,8860.19846,145KONINKLIJKE AHOLD NV83,3230.15678,434KONINKLIJKE DSM NV14,8910.06262,945KONINKLIJKE KPN NV71,7450.05207,559KONINKLIJKE VOPAK N.V.3,9140.05241,863QIAGEN NV17,5900.04162,923RANDSTAD HOLDING NV5,9030.14613,987REED ELSEVIER NV55,3890.381,730,187ROYAL PHILIPS ELECTRONICS NV87,2510.06277,606STMICROELECTRONICS NV51,9180.06247,899TNT EXPRESS NV29,5470.873,944,420UNILEVER CVA137,0780.06270,059WOLTERS KLUWER CVA17,5420.04158,945ZIGGO NV6,435

1.094,871,551Noruega

0.05242,869AKER KVAERNER ASA15,8880.17764,833DNB NOR ASA80,2390.0165,664GJENSIDIGE FORSIKRING ASA6,1080.06248,397NORSK HYDRO ASA65,8030.09416,069ORKLA ASA63,3600.381,680,226STATOILHYDRO ASA89,2780.21940,051TELENOR61,8800.12513,442YARA INTERNATIONAL ASA13,850

0.261,145,608Portugal

0.04157,124BANCO ESPERITO SANTO REG174,3880.06250,123EDP - ENERGIAS DE PORTUGAL109,0810.04198,156GALP ENERGIA SGPS SA-B17,0310.08343,758JERONIMO MARTINS SGPS SA23,5210.04196,447PT TELECOM SGPS N52,344

3.2714,593,185Itália

0.271,225,567ASSICURAZIONI GENERALI89,1970.07318,839ATLANTIA SPA23,3240.0286,173BANCA MONTE DEI PASCHI DI SIENA SPA381,8040.03145,178BANCO POPOLARE SPA115,4040.04180,127ENEL GREEN POWER128,2040.391,731,121ENEL SPA551,6640.873,816,865ENI SPA208,1170.12518,901FIAT INDUSTRIAL SPA62,8590.07333,429FIAT SPA87,9760.03123,405FINMECCANICA SPA28,3560.241,075,454INTESA SANPAOLO SPA827,2720.0130,828INTESA SANPAOLO SPA28,8920.09389,556LUXOTTICA GROUP12,5380.06251,156MEDIOBANCA SPA53,8730.06289,241PIRELLI & C SPA33,4190.05233,526PRYSMIAN SPA15,5580.12531,268SAIPEM18,1320.09418,510SNAM RETE GAS119,0980.13589,105TELECOM ITALIA SPA862,5250.08354,809TELECOM ITALIA-RNC593,8220.09411,488TERNA SPA136,0740.05224,770UBI BANCA SCPA64,110

0.06261,418BALFOUR BEATTY77,5770.683,010,450BARCLAYS PLC941,3190.793,519,533BG GROUP PLC285,7701.034,608,140BHP BILLITON PLC175,8701.818,119,195BP PLC1,563,3821.366,060,179BRITISH AMERICAN TOBACCO PLC159,5610.10465,552BRITISH LAND CO PLC66,9650.21935,935BRITISH SKY BROADCASTING GRP99,6120.431,923,941BT GROUP PLC672,9270.05233,225BUNZL18,918

33.02147,249,004Reino Unido

0.08367,065ABERDEEN ASSET MANAGEMENT PLC81,8150.05217,886ADMIRAL GROUP15,1640.12528,133AGGREKO24,8420.09396,444AMEC PLC31,9990.622,776,009ANGLO AMERICAN PLC119,3290.11498,098ANTOFAGASTA PLC30,4230.21958,377ARM HOLDINGS101,8680.10453,055ASSOCIATED BRITISH FOODS23,5580.813,630,866ASTRAZENECA PLC101,9970.231,026,782AVIVA PLC223,6810.09390,393BABCOCK INTERNATIONAL GROUP PLC32,7710.231,046,232BAE SYSTEMS PLC251,111

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107



Index Equity Europe

4.7020,951,215Suécia

0.05211,611AB INDUSTRIVAERDEN C16,9130.11509,314ALFA LAVAL32,4030.15667,390ASSA ABLOY B23,6510.251,136,966ATLAS COPCO AB-A SHS54,8900.14603,788ATLAS COPCO B32,8530.06259,338BOLIDEN AB18,2830.07330,506ELECTROLUX B16,6860.05239,650ELEKTA AB B20,3440.401,791,806ERICSSON LM-B SHS236,9230.11511,925GETINGE AB-B SHS20,0300.421,931,744HENNES & MAURITZ AB-B SHS74,0680.10436,423HEXAGON B23,0330.04180,614HUSQVARNA39,6710.17740,243INVESTOR B37,4820.07318,839KINNEVIK INVESTMENT AB-B20,2250.08344,559LUNDIN PETROLEUM19,8390.331,456,633NORDEA BANK AB201,9090.03113,544RATOS B15,6380.241,049,405SANDVIK87,2770.10442,159SCANIA AB B28,3400.20869,761SEB A135,5080.0291,170SECURITAS B13,8410.10439,190SKANSKA AB-B SHS35,5980.12538,350SKF AB-B SHS28,3950.17759,440SVENSKA CELLULOSA SCA B46,3630.251,107,423SVENSKA HANDELSBANKEN A41,0180.241,055,360SWEDBANK A SHS A71,5310.08354,757SWEDISH MATCH AB13,9950.09417,473TELE2 AB-B SHS30,6880.19853,821TELIASONERA AB166,8090.271,188,013VOLVO AB-B SHS115,161

0.11474,677BURBERRY GROUP31,6110.11499,269CAPITA53,6960.10443,291CARNIVAL PLC15,2570.371,662,311CENTRICA PLC403,2360.07294,021COBHAM108,7400.291,313,064COMPASS GROUP PLC147,7220.08373,216CRODA INTERNATIONAL PLC12,8941.044,632,790DIAGEO210,4750.0158,066EURASIAN NATURAL RESOURCES16,6110.06273,268FRESNILLO PLC-W/I12,0310.06267,902GKN95,2911.496,627,313GLAXOSMITHKLINE PLC402,9810.08371,472G4S SHS118,2080.10446,135HAMMERSON73,8400.04165,614HARGREAVES LANSDOWN19,9482.6511,874,534HSBC HOLDINGS PLC1,492,2020.05217,773ICAP PLC57,7940.09414,409IMI PLC31,0030.522,316,628IMPERIAL TOBACCO GROUP PLC80,1710.07322,579INMARSAT PLC44,9770.13563,140INTERCONT HOTELS GROUP PLC27,0800.12525,857INTERTEK GROUP13,7460.05233,734INVENSYS PLC58,7350.07298,311INVESTEC58,0210.07319,511ITV246,7020.13581,948JOHNSON MATTHEY PLC20,1820.03131,514KAZAKHMYS PLC13,8530.17767,521KINGFISHER222,8370.16720,412LAND SECURITIES GROUP PLC71,9050.19826,501LEGAL & GENERAL GROUP464,2760.452,023,041LLOYDS BANKING GROUP PLC3,400,9610.0285,958LONDON STOCK EXCHANGE6,4190.12517,977MARKS AND SPENCER GROUP109,9140.08370,065MEGGITT PLC78,3850.08338,809MELROSE119,6800.14605,852MORRISON SUPERMARKETS PLC188,7550.592,635,819NATIONAL GRID PLC305,9980.16693,486NEXT PLC15,3070.20875,346OLD MUTUAL401,8100.20908,980PEARSON62,3600.502,220,137PRUDENTIAL PLC210,0660.562,482,573RECKITT BENCKISER GROUP PLC52,0190.20879,881REED ELSEVIER PLC112,7860.08351,851REXAM65,9731.074,749,004RIO TINTO PLC109,9370.0014,639ROLLS ROYCE HOLDING C JANV 1311,981,5520.381,701,821ROLLS-ROYCE HODLINGS PLC157,6520.18794,816ROYAL BANK OF SCOTLAND PLC200,3441.275,656,662ROYAL DUTCH SHELL B SHARES210,7761.727,685,529ROYAL DUTCH SHELL PLC-A294,7620.10440,589RSA INSUR GRP SHS285,5110.602,682,482SABMILLER77,1290.06261,278SAGE GROUP72,4400.11496,170SAINSBURY(J)117,0290.04166,059SCHRODERS LTD7,962

0.05212,866SEGRO PLC69,9680.07308,825SERCO GROUP46,9810.10463,989SEVERN TRENT PLC23,9440.231,008,428SHIRE43,5540.13572,273SMITH & NEPHEW68,6770.10455,795SMITHS GROUP31,3220.311,398,365SSE PLC79,7000.863,815,582STANDARD CHARTERED198,2770.17772,436STANDARD LIFE PLC188,9420.10437,879TATE & LYLE PLC46,6340.612,712,872TESCO PLC657,9790.03125,160TUI TRAVEL36,1840.271,189,560TULLOW OIL PLC77,1470.672,982,003UNILEVER102,5040.12549,728UNITED UTILITIES GROUP PLC66,7050.04164,011VEDANTA RESOURCES PLC11,5621.717,624,075VODAFONE GROUP PLC4,015,3950.11472,203WEIR GROUP20,6010.11476,259WHITBREAD15,8970.512,254,459XSTRATA PLC173,3360.04169,7233I GROUP64,221

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Index Equity Europe

108




0.009,213GRIFOLS DTS 10,260


13.4059,738,410Suíça

0.602,693,067ABB LTD-NOM173,4120.06272,173ACTELION N7,5490.08339,963ADECCO SA8,5440.08341,902ARYZTA8,8110.07330,424BALOISE-HOLDING NOM.5,0820.0126,239BARRY CALLEBAUT N360.552,466,164CIE FIN RICHEMONT41,7020.452,011,097CREDIT SUISSE GROUP AG-NOM109,0790.12544,306GEBERIT AG-NOM3,2630.14637,294GIVAUDAN N7990.22977,055HOLCIM LTD-NOM17,6330.09403,566JULIUS BAER GRUPPE15,0710.11475,040KUEHNE UND NAGEL INTERNATIONAL AG-NOM5,2140.06257,287LINDT AND SPRUENGLI AG-NOM90.03133,284LINDT AND SPRUENGLI PS540.05218,969LONZA GROUP AG N5,3562.9313,070,238NESTLE SA264,7712.039,062,335NOVARTIS AG-NOM190,4510.0290,756PARGESA HOLDING1,7490.06257,670PARTNERS GROUP HOLDING N1,4731.998,864,949ROCHE HOLDING AG - BON DE JOUISSANCE

DIVIDENDE58,169

0.06264,040SCHINDLER HOLDING N2,4560.11473,838SCHINDLER HOLDING PS4,3340.16711,495SGS SA-NOM4240.07297,097SIKA1700.09412,033SONOVA HOLDING AG4,9060.06255,175SULZER AG-NOM2,1380.07326,187SWISS LIFE HOLDING NOM3,2440.05215,198SWISS PRIME SITE3,4030.371,651,771SWISS RE AG30,2620.13578,950SWISSCOM N1,7750.522,335,904SYNGENTA AG-NOM7,6930.21931,682THE SWATCH GROUP2,4390.03137,626THE SWATCH GROUP N2,1100.231,044,059TRANSOCEAN LTD31,2480.803,563,428UBS AG NOM301,4930.16697,568WOLSELEY PLC19,8100.532,368,581ZURICH INSURANCE GROUP AG11,749

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Index Equity North America

109





99.80549,484,591Acções0.311,727,462Bermudas

0.04205,943ARCH CAP GRP6,1680.02129,453AXIS CAPITAL HOLDINGS4,9270.06317,688BUNGE LTD5,7620.03184,140EVEREST REINSURANCE GROUP2,2080.09461,442INVESCO LTD23,3180.02128,306MARVELL TECHNOLOGY23,3000.03172,165PARTNERRE2,8200.02128,325RENAISSANCERE HOLDINGS LTD2,082

8.5246,852,085Canadá

0.05287,010AGNICO EAGLE MINES7,2130.10526,778AGRIUM INC6,9750.03152,079ALIMENTATION COUCHE TARD B4,0800.05261,436ARC RESOURCES LTD14,0420.04198,731ATHABASCA OIL24,9640.291,611,326BANK OF MONTREAL34,7550.432,384,806BANK OF NOVA SCOTIA54,4820.241,296,831BARRICK GOLD CORP48,8900.03159,762BAYTEX ENERGY CORP4,8920.07373,073BCE INC11,4880.05270,395BOMBARDIER INC B94,4010.0173,383BONAVISTA ENERGY CORP6,5000.16892,998BROOKFIELD ASSET MANAGEMENT A32,1690.02136,254BROOKFIELD PROPERTIES CORP10,5460.0182,358CAE INC10,7360.05290,052CAMECO CORP19,4360.221,201,347CANADIAN IMPERIAL BANK OF COM19,7200.291,589,566CANADIAN NATIONAL RAILWAY CO23,1000.241,301,552CANADIAN NATURAL RESOURCES59,6560.07399,482CANADIAN OIL SANDS LTD (NEW)25,9990.03147,724CANADIAN TIRE CORP A N VOT2,7950.04215,431CANADIAN UTILITIES LTD SHS A3,9310.09473,965CATAMARAN13,3000.09516,683CDN PACIFIC RAILWAY LTD6,7220.17943,542CENOVUS ENERGY CORP37,2060.03171,853CGI GROUP INC A9,8340.03145,797CI FINCIAL FD7,6770.07357,916CRESCENT POINT ENERGY CORP12,4890.06336,884ELDORADO GOLD CORP34,5490.02110,382EMPIRE CO LTD -A- NON VOTING2,4580.251,349,524ENBRIDGE41,1790.10525,924ENCANA35,1160.02131,663ENERPLUS13,3980.02115,691FINNING INTERNATIONAL INC6,1810.08414,432FIRST QUANTUM MINERALS LTD24,8300.04222,989FORTIS INC8,5540.07407,975FRANCO NEVADA9,4320.0299,502GEORGE WESTON LTD1,848

0.04234,276GILDAN ACTIVEWEAR A8,4650.221,227,868GOLDCORP44,0750.05293,677GREAT WEST LIFECO15,8320.06331,761HUSKY ENERGY14,8130.02127,193IAMGOLD14,6590.03152,431IGM FINANCIAL4,8100.09476,973IMPERIAL OIL14,6530.03146,633INDL ALLIANCE INSURANCE FCIAL6,1340.05253,120INTACT FINANCIAL CORP5,1300.10523,776KINROSS GOLD71,1760.02125,372LOBLAW COMPANIES3,9250.06344,396MAGNA INTERNATIONAL A SUB.VTG9,1000.18979,117MANULIFE FINANCIAL CORP95,1360.02115,944MEG ENERGY CORP5,0000.02123,022METRO INC2,5500.09504,440NATIONAL BANK OF KUWAIT8,5730.05262,178NEW GOLD31,2590.10533,829NEXEN26,3740.04234,596ONEX CORP SUB VTG7,3550.0140,641OPEN TEXT9590.0291,555OSISKO MINING CORP15,0230.03187,264PACIFIC RUBIALES10,6370.02106,001PAN AMERICAN SILVER7,4650.04194,171PEMBINA PIPELINE8,9560.0153,275PENGROWTH ENERGY14,1280.03154,353PENN WEST ENERGY PETROLEUM LTD18,7610.261,433,899POTASH CORP OF SASKATCHEWAN (US)46,4990.05295,697POWER CORP OF CANADA15,2940.04200,556RESEARCH IN MOTION22,3110.04223,470RIOCAN REAL ESTE INVESTMNT TRT10,6440.0140,529RITCHIE BRO AUCTION2,5640.15818,880ROGERS COMMUNICATIONS SHS B23,8030.573,218,156ROYAL BANK OF CANADA70,5490.04207,073SAPUTO INC5,4030.008SEARS CANADA INC10.08423,707SHAW COMMUNICATIONS B24,3520.05298,234SHOPPERS DRUG MART9,1470.08437,412SILVER WHEATON16,0120.00-SINO FOREST CORPORATION18,0000.03189,514SNC-LAVALIN GROUP A6,1700.09475,833SUN LIFE FINANCIAL23,6870.361,986,371SUNCOR ENERGY INC. (NOUV. STE)79,7160.09504,129TALISMAN ENERGY58,8240.14775,379TECK RESOURCES B28,1560.09485,630TELUS NON VTG9,8560.07401,828THOMSON CORP18,3280.05263,586TIM HORTONS INC7,0860.542,997,633TORONTO DOMINION BANK46,9850.05278,351TOURMALINE OIL11,7000.0298,734TRANSALTA CORP8,5720.251,385,312TRANSCANADA CORP38,6750.02105,440TURQUOISE HILL18,2120.0175,221ULTRA PETROLEUM5,4700.11614,239VALEANT PHARMA13,588

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0.04229,249BALL CORP6,7540.854,665,718BANK OF AMERICA CORP530,2830.231,278,743BANK OF NEW YORK MELLON CORP65,5990.06332,942BARD (CR) INC4,4910.231,280,010BAXTER INTERNATIONAL INC25,3160.08464,801BEAM INC-WHEN ISSUED10,0310.11613,410BECTON DICKINSON & CO10,3430.09498,712BED BATH & BEYOND INC11,7600.563,056,971BERKSHIRE HATAW B44,9310.02132,620BEST BUY CO INC14,7550.251,371,471BIOGEN IDEC INC12,3280.17942,926BLACKROCK INC A6,0140.04226,216BMC SOFTWARE INC7,5200.392,170,887BOEING CO37,9790.06305,243BORG WARNER INC5,6190.14749,033BOSTON PROPERTIES INC9,3330.05281,415BOSTON SCIENTIFIC CORP64,7500.13726,734BRANCH BANKING AND TRUST CORP32,9140.402,200,369BRISTOL MYERS SQUIBB CO89,0140.10547,900BROADCOM CORPORATION A21,7510.05273,265BROWN-FORMAN CORP B5,6960.06343,371CA20,5960.02128,912CABLEVISION NY GRP11,3760.06323,325CABOT OIL & GAS8,5700.02101,541CALPINE CORP W/I7,3840.07382,853CAMDEN PROPERTY TRUST SBI7,4000.11611,450CAMERON INTERNATIONAL CORP14,2780.04216,316CAMPBELL SOUP CO8,1740.231,252,894CAPITAL ONE FINANCIAL CORP28,5140.09489,825CARDINAL HEALTH INC15,6820.02126,598CARE FUSION5,8400.05297,381CARMAX10,4440.382,078,196CATERPILLAR INC30,5860.04196,404CBRE GROUP13,0120.17922,101CBS CORP-B31,9500.07379,843CELANESE SER A11,2460.261,429,666CELGENE CORP23,9440.06310,564CENTERPOINT ENERGY INC21,2700.15814,951CENTURYLINK INC27,4650.07379,543CERNER CORP6,4450.10576,781CF INDUSTRIES HOLDINGS INC3,7430.06313,415C.H. ROBINSON WORLDWIDE6,536


110



0.04197,951VERMILION ENERGY TR5,0000.08424,355YAMANA GOLD32,557

0.633,470,912Curaçao



0.733,994,983ABBOTT LABORATORIES80,4120.05252,241ACTIVISION BLIZZARD INC31,3140.13731,193ADOBE SYSTEMS INC25,5840.08449,949ADT CORP12,7600.04214,679ADVANCE AUTO PARTS3,9120.04244,564AES CORP30,1340.09479,365AETNA INC13,6500.06355,385AFFILIATED MANAGERS3,6000.17929,237AFLAC INC23,0630.02122,316AGCO CORP3,2830.09488,864AGILENT TECHNOLOGIES INC15,7430.13740,210AIR PRODUCTS & CHEMICALS INC11,6150.04219,431AIRGAS3,1690.06314,241AKAMAI TECHNOLOGIES INC10,1270.06306,265ALBEMARLE6,5000.06339,675ALCOA INC51,5930.11626,444ALEXION PHARMACEUTICALS INC8,8040.05254,414ALLEGHANY CORPORATION1,0000.0290,914ALLEGHENY TECHNOLOGIES INC3,9480.211,175,012ALLERGAN INC16,8880.05264,398ALLIANCE DATA SYST2,4080.03149,009ALLIANT ENERGY CORP4,4740.14786,520ALLSTATE CORP25,8140.08435,568ALTERA CORP16,6740.432,388,101ALTRIA GROUP INC100,2060.603,309,928AMAZON.COM17,3760.06356,668AMEREN CORPORATION15,3070.06318,287AMERICAN CAPITAL AGENCY14,5000.16907,597AMERICAN ELECTRIC POWER INC28,0360.382,111,815AMERICAN EXPRESS CO48,4380.341,850,091AMERICAN INTL GRP69,0980.211,129,335AMERICAN TOWER19,2690.05278,475AMERICAN WATER WORKS9,8880.10551,670AMERIPRISE FINANCIAL11,6130.07381,493AMERISOURCEBERGEN11,6480.05282,972AMETEK9,9300.442,410,203AMGEN INC36,8120.10540,655AMPHENOL CORPORATION-A11,0170.251,394,891ANADARKO PETROLEUM CORP24,7480.08437,763ANALOG DEVICES INC13,7220.11596,466ANNALY CAPITAL MANAGEMENT56,0100.06326,893ANSYS6,4000.10558,910AON PLC13,2530.201,110,813APACHE CORP18,6563.3918,625,726APPLE INC46,0690.10565,631APPLIED MATERIALS INC65,1860.12674,196ARCHER-DANIELS MIDLAND CO32,452

0.02123,679ARROW ELECTRONICS INC4,2820.0155,824ASSURANT2,1211.327,232,717AT&T INC282,8720.07382,431AUTODESK INC14,2630.04198,326AUTOLIV INC3,8800.191,055,273AUTOMATIC DATA PROCESSING INC24,4040.08433,628AUTOZONE INC1,6130.08434,106AVALONBAY COMMUNITIE4,2210.04226,275AVERY DENNISON CORP8,5430.02137,448AVNET INC5,9200.04207,885AVON PRODUCTS INC19,0860.11627,903BAKER HUGHES INC20,270

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111



0.12672,363CHARLES SCHWAB CORP61,7300.09486,952CHESAPEAKE ENERGY CORP38,6281.427,748,775CHEVRON CORP94,4700.05289,022CHIPOTLE MEXICAN GRILL CL A1,2810.14744,745CHUBB CORP13,0360.07384,425CHURCH & DWIGHT INC9,4610.09501,512CIGNA CORP12,3680.03183,209CIMAREX ENERGY4,1840.03186,978CINCINNATI FINANCIAL CORP6,2950.03139,756CINTAS CORP4,5050.713,893,410CISCO SYSTEMS INC261,2250.04238,012CIT GROUP INC8,1210.774,237,727CITIGROUP INC141,2290.08459,312CITRIX SYSTEMS INC9,2100.03181,627CLIFFS NATURAL RESOURCES6,2100.06356,325CLOROX CO6,4160.13727,725CME GROUP INC18,9200.06325,461CMS ENERGY CORP17,6000.09468,702COACH INC11,1320.05264,527COBALT INTERNATIONAL ENERGY14,2001.035,657,574COCA-COLA CO205,7640.07367,985COCA-COLA ENTERPRI15,2900.14787,062COGNIZANT TECH SO-A14,0130.321,784,094COLGATE PALMOLIVE CO22,5000.532,910,361COMCAST CLASS A102,6490.16853,622COMCAST CLASS A SPECIAL31,3050.04216,895COMERICA INC9,4250.04209,849COMPUTER SCIENCES CORP6,9080.08451,383CONAGRA FOODS20,1730.06336,074CONCHO RESOURCES5,5000.432,358,395CONOCOPHILLIPS53,6180.05285,233CONSOL ENERGY INC11,7150.09520,056CONSOLIDATED EDISON INC12,3450.03191,553CONSTELLATION BRANDS INC-A7,1360.04216,668CONTINENTAL RESOURCES INC3,8870.13704,984CORNING INC73,6490.281,566,955COSTCO WHOLESALE20,9160.04241,560COVENTRY HEALTH7,1040.02122,683CREE4,7600.15804,356CROWN CASTLE INTERNATIONAL14,6960.03187,819CROWN HOLDINGS6,7270.12645,475CSX CORP43,1320.13711,458CUMMINS INC8,6570.452,504,856CVS CAREMARK CORP68,3020.221,221,371DANAHER CORP28,8060.03148,159DARDEN RESTAURANTS INC4,3340.07361,587DAVITA HEALTHCARE4,3130.251,355,950DEERE & CO20,6860.11608,038DELL INC79,1350.03190,574DELTA AIR LINES INC21,1670.04235,677DENBURY RESOURCES19,1800.03156,379DENTSPLY INTERNATIONAL5,2050.15808,665DEVON ENERGY CORPORATION20,4870.02132,064DIAMOND OFFSHORE DRILLING INC2,562

0.05248,428DICK’S SPORTING GOODS7,2000.05273,383DIGITAL REALTY TRUST5,3090.201,094,359DIRECTV28,7640.13716,906DISCOVER FINANCIAL SERVICES24,5180.05292,456DISCOVERY COMMUNICATION SERIES C6,5910.06315,281DISCOVERY COMMUNICATIONS INC - SERIES A6,5480.04209,057DISH NETWORK CORP7,5720.0141,156DOLBY LABORATORIES1,8500.08434,747DOLLAR GENERAL13,0000.06340,564DOLLAR TREE INC11,0700.221,237,362DOMINION RESOURCES31,4930.08439,545DOVER CORP8,8190.231,290,005DOW CHEMICAL CO52,6220.03176,841DR HORTON INC11,7870.07387,815DR PEPPER SNAPPLE GROUP INC11,5730.06351,992DTE ENERGY CO7,7280.311,701,075DUKE ENERGY35,1520.04210,407DUKE REALTY20,0000.0284,532DUN AND BRADSTREET1,4170.05299,887EASTMAN CHEMICAL CO5,8100.02108,856EATON VANCE NON VTG4,5060.412,270,862EBAY INC58,6810.16896,678ECOLAB INC16,4420.09499,956EDISON INTERNATIONAL14,5860.10524,441EDWARDS LIFESCIENCES7,6680.311,691,355E.I. DUPONT DE NEMOURS & CO49,5860.05250,043ARROW ELECTRONICS INC22,6880.382,087,197ELI LILLY & CO55,7940.341,866,297EMC CORP97,2540.291,602,056EMERSON ELECTRIC CO39,8820.03188,103ENERGEN CORP5,5000.03179,688ENERGIZER HOLDINGS2,9620.07374,212ENTERGY CORP7,7390.221,211,290EOG RESOURCES13,2210.07404,772EQT CORP9,0480.04193,837EQUIFAX INC4,7220.07359,724EQUINIX2,3000.14762,535EQUITY RESIDENTIAL17,7400.08429,154ESTEE LAUDER COMPANIES INC-A9,4520.16866,710EXELON CORP38,4220.04215,150EXPEDIA4,6160.05291,015EXPEDIT INTL WASH9,7010.281,558,070EXPRESS SCRIPTS HLD38,0402.6914,740,677EXXON MOBIL CORP224,5420.16860,466FACEBOOK A42,6000.04234,757FAMILY DOLLAR STORE4,8810.07377,231FASTENAL CO10,6520.04210,975FEDERAL REALTY INVESTMT TR SBI2,6740.201,081,801FEDEX CORP15,5500.04226,676FIDELITY NATIONAL FINANCIAL INC12,6900.06339,625FIDELITY NATIONAL INFORM SVCES12,8630.08421,112FIFTH THIRD BANCORP36,5500.00-FIRST HORIZON FRACTIONAL SHS156,5810.14778,090FIRSTENERGY CORP24,565

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0.02100,000JC PENNEY CO INC6,6890.06342,304JM SMUCKER5,2330.16894,710JOHNSON CONTROLS INC38,4231.327,236,133JOHNSON & JOHNSON136,0930.04196,555JOY GLOBAL4,0631.146,268,060JP MORGAN CHASE AND CO187,9420.07394,086JUNIPER NETWORKS26,4140.07371,494KANSAS CITY SOUTHERN5,8670.04200,458KBR INC8,8330.09489,408KELLOGG CO11,5530.04222,832KEYCORP34,8910.211,140,036KIMBERLY-CLARK CORP17,8020.04247,494KIMCO REALTY CORP16,8890.15846,135KINDER MORGAN31,5750.04229,745KINDER MORGAN MANAGEMENT LLC4,0140.0033KINDER MORGAN MANAGEMENT LLC ROMPUS58,8390.05276,873KLA-TENCOR7,6430.07401,014KOHL S CORP12,3010.191,022,765KRAFT FOODS29,6550.10525,788KROGER CO26,6410.05293,289LABORATORY CORP4,4640.05273,743LAM RESEARCH CORP9,9890.12661,869LAS VEGAS SANDS18,9040.0163,715LEGG MASON INC3,2660.02121,937LEGGETT & PLATT INC5,9060.05275,711LENNAR A9,4000.05263,072LEUCADIA NATIONAL14,5790.04212,590LEVEL 3 COMM12,1280.05263,136LIBERTY GLOBAL C5,9050.05255,419LIBERTY GLOBAL CLASS A5,3460.08431,782LIBERTY MEDIA CORP4,9070.08437,590LIBERTY MEDIA HLDG INTER SR A29,3150.02106,084LIBERTY PROPERTY TRUST3,9100.05295,359LIFE TECH7,9340.08421,520LIMITED BRANDS11,8090.05266,072LINCOLN NATIONAL CORP13,5440.04241,432LINEAR TECHNOLOGY CORP9,2800.06330,944LINKEDIN CORP CLASS A3,8000.05265,671LKQ CORPORATION16,6000.191,063,953LOCKHEED MARTIN CORP15,1990.10564,578LOEWS CORP18,2660.11612,818LORILLARD INC6,925


112



0.08423,863FISERV INC7,0710.04220,257FLIR SYSTEMS13,0160.05290,505FLOWSERVE CORP2,6090.07361,556FLUOR NEW8,1150.05256,469FMC CORP5,7780.09505,260FMC TECHNOLOGIES15,5530.311,701,475FORD MOTOR CO173,2220.07365,336FOREST LABORATORIES13,6370.05284,088FOSSIL4,0230.09497,785FRANKLIN RESOURCES INC5,2210.201,101,850FREEPORT MCMORAN COPPER&GLD INC-B42,4760.02125,183FRONTIER COMMUNICATIONS CORP38,5610.05256,728F5 NETWORKS INC3,4840.02106,039GAMESTOP A5,5720.06314,402GAP INC13,3540.05285,268GEN GROWTH PROP18,9470.15823,474GENERAL DYNAMICS CORP15,6731.538,368,631GENERAL ELECTRIC CO525,6410.201,076,915GENERAL MILLS INC35,1350.16893,503GENERAL MOTORS40,8600.06326,002GENUINE PARTS CO6,7600.361,999,652GILEAD SCIENCES INC35,8930.422,307,865GOLDMAN SACHS GROUP23,8530.03163,721GOODYEAR TYRE & RUBBER CO15,6301.256,891,930GOOGLE INC-A12,8090.04231,709GREEN MOUNTAIN COFFEE ROASTERS7,3860.221,193,179HALLIBURTON CO45,3470.09469,544HARLEY DAVIDSON12,6750.04211,600HARRIS CORP5,6980.07366,505HARTFORD FINANCIAL SERVICES GRP21,5330.02127,709HASBRO INC4,6900.04243,690HCA HOLDINGS INC10,6490.13702,476HCP INC20,4990.09472,552HEALTH CARE REIT10,1650.03185,270HELMERICH & PAYNE INC4,3610.04237,035HENRY SCHEIN INC3,8840.04238,423HERTZ GLOBAL HOLDINGS19,3200.12642,236HESS CORP15,9880.04219,941H&R BLOCK INC15,6150.18984,368HEWLETT PACKARD CO91,0730.13708,225HJ HEINZ CO16,1880.07373,417HOLLYFRONTIER10,5760.07385,453HOLOGIC INC25,3710.623,438,483HOME DEPOT INC73,2950.331,811,957HONEYWELL INTERNATIONAL INC37,6380.02129,986HORMEL FOODS5,4910.03174,540HOSPIRA7,3660.07391,536HOST HOTELS & RESORTS INC32,9420.02106,706HUDSON CITY BANCORP17,3040.07404,732HUMANA7,7750.03147,816IHS2,0300.17950,341ILLINOIS TOOL WORKS INC20,6040.06355,154ILLUMINA8,4230.02116,687INTEGRYS ENERGY GROUP INC2,946

0.703,840,616INTEL CORP245,4420.06316,944INTERCONTINENTALEXCHANGE INC3,3750.06320,537INTERNATIONAL FLAVORS & FRAGRANCES6,3510.10561,459INTERNATIONAL PAPER18,5800.03178,473INTERPUBLIC GROUP OF COS INC21,3521.397,575,552INTL BUSINESS MACHINES CORP52,1410.02132,059INTL GAME TECHNOLOG12,2870.12640,537INTUIT14,1930.12672,473INTUITIVE SURGICAL1,8080.03181,133IRON MOUNTAIN INC7,6910.03172,908JACOBS ENGINEERING GROUP INC.5,3550.04211,548J.B HUNT TRANSPORT SERVICES4,671

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0.271,486,996LOWE’S COMPANIES INC55,1930.03166,920LSI CORP31,0830.07407,516LULULEMON ATHLETICA7,0480.06305,690L3 COMMUNICATION5,2600.04243,167MACERICH CO5,4990.12686,342MACY S STORE23,1900.04204,152MANPOWER INC6,3420.17959,218MARATHON OIL CORP41,2470.16854,113MARATHON PETROLEUM17,8740.07390,199MARRIOTT INTERNATIONAL-A13,8030.14774,398MARSH & MCLENNAN COMPANIES29,6190.0292,964MARTIN MARIETTA1,3000.03171,642MASCO CORP13,5830.382,070,352MASTERCARD5,5560.10549,883MATTEL19,7970.05273,685MAXIM INTEGRATED PRODUCTS INC12,2730.603,299,110MC DONALD’S CORP49,3090.09474,506MC GRAW HILL COMPANIES INC11,4430.04216,071MCCORMICK NON VTG4,4840.191,045,276MCKESSON CORP14,2130.02100,352MDU RES GROUP6,2290.08417,610MEAD JOHNSON NUTRITION8,3560.02132,832MEADWESTVACO5,4950.311,682,803MEDTRONIC INC54,0860.844,627,611MERCK AND CO INC149,0240.17940,154METLIFE INC37,6290.02134,195METROPCS COMMUNICATIONS17,7990.07396,225M&T BANK CORPORATION5,3050.03149,288MGM MIRAGE16,9090.06333,835MICROCHIP TECHNOLOGY INC13,5050.03185,770MICRON TECHNOLOGY INC38,5701.407,634,350MICROSOFT CORP376,5480.05262,064MOHAWK INDUSTRIES3,8190.07368,441MOLSON COORS BREWING CO-B11,3520.311,718,684MONDELEZ INTERNATIONAL88,9640.321,751,858MONSANTO24,4020.05251,485MONSTER BEVERAGE CORP6,2700.06332,973MOODY’S CORP8,7240.191,044,204MORGAN STANLEY72,0020.11618,317MOSAIC CO THE -WI14,3950.09490,156MOTOROLA SOLUTIONS INC11,6060.07368,935MURPHY OIL8,1680.07391,398MYLAN18,7780.04202,195NABORS INDUSTRIES18,4480.04192,925NASDAQ OMX GRP INC10,1700.201,081,241NATIONAL OILWELL VARCO20,8560.09468,183NETAPP INC18,3980.03186,278NETFLIX2,6470.02135,253NEW YORK COMMUNITY BANCORP13,6120.03172,785NEWELL RUBBERMAID INC10,2290.02116,167NEWFIELD EXPLORATN5,7190.13742,744NEWMONT MINING CORP21,0860.261,456,036NEWS CORPORATION A75,1620.07389,818NEWS CORPORATION B19,586

0.17956,558NEXTERA ENERGY INC18,2270.261,412,816NIKE INC -B-36,0980.04246,502NISOURCE13,0570.11625,071NOBLE ENERGY8,1000.08414,033NORDSTROM INC10,2030.12675,437NORFOLK SOUTHERN CORP14,4000.08450,884NORTHEAST UTILITIES15,2110.07362,656NORTHERN TRUST CORP9,5320.08427,091NORTHROP GRUMMAN CORP8,3320.04210,771NRG ENERGY INC12,0870.03162,270NUANCE COMMUNICATIONS9,5850.09481,059NUCOR CORP14,6880.04217,378NVIDIA CORP23,3190.05288,056NYSE EURONEXT INC12,0410.422,334,095OCCIDENTAL PETROLEUM CORP40,1680.02119,713OMNICARE INC4,3720.10527,680OMNICOM GROUP INC13,9250.05291,896ONEOK INC9,0020.854,696,012ORACLE CORP185,8110.07384,701OREILLY AUTOMOTIVE INC5,6720.04235,432OWENS ILLINOIS INC14,5930.10569,377PACCAR INC16,6040.05270,356PALL CORP5,9150.09509,560PARKER-HANNIFIN CORP7,8980.0157,561PATTERSON COMPANIES2,2170.06351,317PAYCHEX INC14,8740.04244,342PEABODY ENERGY CORP12,1060.08457,612PENTAIR12,2750.02133,592PEOPLES UNITED FINANCIAL INC14,5680.03140,471PEPCO HOLDINGS9,4440.723,956,525PEPSICO INC76,2280.07366,914PERRIGO4,6500.04236,215PETSMART INC4,5571.266,926,923PFIZER INC364,1330.11614,129PG&E CORP20,1510.945,198,254PHILIP MORRIS INTERNATIONAL INC81,9390.08421,003PHILLIPS VAN HEUSEN CORP5,0000.241,335,515PHILLIPS 6633,1590.03173,852PINNACLE WEST CAPITAL CORP4,4960.08442,077PIONEER NATURAL RES5,4680.0161,771PITNEY BOWES INC7,6540.04226,654PLAINS EXPLORATION & PRODUCT.6,3660.04245,442PLUM CREEK TIMBER7,2930.231,279,733PNC FINANCIAL SERVICES GROUP28,9350.06303,956POLO RALPH LAUREN A2,6730.14762,781PPG INDUSTRIES INC7,4300.12651,623PPL CORP30,0070.221,231,728PRAXAIR INC14,8370.191,047,959PRECISION CASTPARTS CORP7,2940.211,167,577PRICELINE.COM INC2,4781.307,148,738PROCTER AND GAMBLE CO138,8260.08465,644PROGRESSIVE CORP29,0950.11616,212PROLOGIS22,2640.191,026,230PRUDENTIAL FINANCIAL25,370

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0.07389,629TERADATA CORP COM STK USD0.018,3000.271,469,181TEXAS INSTRUMENTS62,6040.04234,249TEXTRON INC12,4580.06336,559THE HERSHEY CO6,1440.18992,596THERMO FISHER SCIE20,5180.06353,895TIFFANY & CO8,1370.321,777,046TIME WARNER48,9830.191,029,695TIME WNR CBLE CL A13,9680.191,065,532TJX COMPANIES INC33,0930.02137,226TOLL BROTHERS INC5,5960.03188,354TORCHMARK CORP4,8060.0149,602TOTAL SYSTEM SERVICES INC3,0530.04234,572TRACTOR SUPPLY3,5000.06351,657TRANSDIGM3,4000.211,168,110TRAVELERS COMPANIES INC21,4430.07403,551TRIMBLE NAVIGATION8,9000.03184,569TRW AUTOMOTIVE HOLDINGS4,5390.04193,971TYSON FOODS -A-13,1820.06327,931ULTA SALON COSMET.4,4000.372,033,605UNION PACIFIC CORP21,3260.04212,837UNITED DOMINION REALTY INC11,8000.392,157,598UNITED PARCEL SERVICE-B38,5810.472,606,044UNITED TECHNOLOGIES CORP41,8950.372,013,882UNITEDHEALTH GROUP48,9510.04200,478UNUM GROUP12,6950.03179,275URBAN OUTFITTERS6,0050.412,281,055US BANCORP94,1560.02119,259US STEEL6,5870.13699,300VALERO ENERGY CORPORATION (NEW)27,0210.04244,274VARIAN MEDICAL SYSTEMS INC4,5850.11626,730VENTAS INC12,7670.03184,600VERIFONE HOLDINGS8,2000.04236,559VERISIGN8,0340.03166,377VERISK ANALYTICS CLASS.A4,3010.834,561,664VERIZON COMMUNICATIONS INC138,9900.05298,867VERTEX PHARMACEUTICALS INC9,3950.08465,254VF CORP4,0630.15831,263VIACOM INC-B20,7800.07366,608VIRGIN MEDIA13,1520.522,886,964VISA INC-A25,1100.07373,161VMWARE CLASS A5,2260.09476,994VORNADO REALTY TRUST7,853


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0.11592,620PUBLIC SERVICE ENTERPRISE GROU25,5330.15814,630PUBLIC STORAGE7,4090.05289,260PULTE HOMES21,0000.03182,483QEP RESOURCES INC7,9480.713,927,949QUALCOMM INC83,4990.04217,012QUANTA SERVICES10,4840.06315,482QUEST DIAGNOSTICS INC7,1380.08456,301RACKSPACE HOSTING8,1000.03158,778RALCORP HOLDINGS INC.2,3350.06339,837RANGE RESOURCES CORPORATION7,1310.03189,684RAYONIER REIT4,8250.15840,872RAYTHEON CO19,2600.0294,547REALTY INCOME CORP3,1000.06313,968RED HAT7,8160.05250,182REGENCY CENTERS CORP7,0000.08454,145REGENERON PHARMA3,5000.05276,580REGIONS FINANCIAL CORP51,2140.08430,985REPUBLIC SERVICES INC19,3730.09498,235REYNOLDS AMERICAN INC15,8550.02131,731ROBERT HALF INTL5,4580.04246,467ROCK-TENN COMPANY-A4,6480.08416,064ROCKWELL AUTOMATION INC6,5310.06303,116ROCKWELL COLLINS INC.6,8700.07362,411ROPER INDUSTRIES4,2860.07399,389ROSS STORES INC9,7240.02126,181ROWAN COMPANIES5,3200.04243,194SAFEWAY INC17,7240.15807,859SALESFORCE.COM6,3360.07406,690SANDISK12,3090.05261,800SBA COMMUNICATIONS CORP4,8600.03179,251SCANA CORP5,1780.03160,810SCIENCE APPLICATIONS ITL18,7290.03146,557SCRIPPS NETWORKS INTER3,3360.00-SEAHAWK10.04198,130SEALED AIR14,9180.0176,452SEARS HOLDINGS2,4370.03169,597SEI INVESTMENTS9,5800.12647,360SEMPRA ENERGY12,0310.08439,036SHERWIN WILLIAMS CO3,7630.06309,690SIGMA-ALDRICH CORP5,5490.351,943,389SIMON PROPERTY GROUP INC16,2070.09488,843SIRIUS XM RADIO INC.223,0070.04244,182SL GREEN REALTY CORPOR4,2000.05251,766SLM19,3770.271,506,143SOUTHERN CO46,3840.03138,633SOUTHWEST AIRLINES17,8490.10532,041SOUTHWESTERN ENERGY20,9950.12663,587SPECTRA ENERGY31,9530.10529,060SPRINT NEXTEL CORP123,0180.0299,819SPX CORP1,8760.08459,316ST JUDE MEDICAL INC16,7560.07410,246STANLEY BLACK AND DECKER INC.7,3120.06343,384STAPLES INC39,7120.301,664,278STARBUCKS40,921

0.08418,061STARWOOD HTLS & RESORTS WORLD9,6090.12669,493STATE STREET CORP18,7760.04226,666STERICYCLE3,2040.10554,562STRYKER CORP13,3370.0012SUNCOKE ENERGY10.12644,778SUNTRUST BANKS INC29,9850.09521,156SYMANTEC CORP36,5280.05251,696SYNOPSYS INC10,4220.11595,018SYSCO CORP24,7780.11632,577T ROWE PRICE GROUP INC12,8050.231,279,847TARGET CORP28,5170.03151,805TD AMERITRADE HOLDING11,906

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115



0.04221,915VULCAN MATERIALS CO5,6210.231,261,074WALGREEN CO44,9230.864,717,775WAL-MART STORES INC91,1610.573,132,684WALT DISNEY COMPANY82,9510.11586,509WASTE MANAGEMENT INC22,9180.05268,285WATERS CORP4,0600.06339,069WATSON PHARMACEUTICALS INC5,1980.16908,116WELLPOINT INC19,6531.186,516,937WELLS FARGO & CO251,3730.06327,473WESTERN DIGITAL CORP10,1610.06328,120WESTERN UNION CO31,7850.09495,924WEYERHAEUSER CO23,5020.04211,928WHIRLPOOL CORP2,7460.04237,344WHITING PETROLEUM HOLDINGS7,2150.13690,378WHOLE FOODS MARKET9,9660.13718,000WILLIAMS COMPANIES INC28,9130.03139,869WINDSTREAM CORP22,2710.06332,751WISCONSIN ENERGY11,9050.03150,170W.R.BERKLEY CORP.5,2460.08422,576WW GRAINGER INC2,7530.05286,553WYNDHAM WORLWIDE7,1000.06327,641WYNN RESORTS3,8400.09500,022XCEL ENERGY INC24,6810.08424,279XEROX CORPORATION82,0190.06320,116XILINX INC11,7560.03161,091XYLEM7,8370.15825,554YAHOO INC54,6940.231,281,464YUM BRANDS INC25,4440.08433,614ZIMMER HOLDING INC8,5760.402,182,4403 M30,989

0.00257Warrants, direitos0.00257Canadá

0.00257KINROSS GOLD WARRANT 17/09/20141,145


0.06328,532Acções0.06328,532Canadá

0.06328,532POWER FINANCIAL CORP15,832



0.03192,335GARMIN LTD6,2120.03157,979HERBALIFE6,3230.06305,102PRINCIPAL FINANCIAL14,1040.09508,107SEAGATE TECHNOLOGY21,978

0.894,901,309Irlanda

0.281,498,520ACCENTURE SHS CLASS A29,7090.211,159,048COVIDIEN26,4650.191,027,884EATON CORP25,0030.12682,368INGERSOLL RAND PLC18,7580.03189,547WILLIS GROUP HOLDING7,4530.0175,798WNR CHILCOTT PLC A8,3000.05268,144XL GROUP PLC14,107

0.10557,039Jersey

0.10557,039DELPHI AUTOMOTIVE PLC19,200

0.05263,330Libéria

0.05263,330ROYAL CARIBBEAN CRUISES10,211


0.03190,696CORE LABORATORIES2,3000.13678,073LYONDELLBASELL15,659

0.03180,213NIELSEN HOLDINGS7,7670.05283,313SENSATA TECHNOLOGIE11,500

0.13714,622Panamá

0.13714,622CARNIVAL CORP25,623


0.03201,717AVAGO TECHNOLOGIE LTD8,4000.03141,275FLEXTRONICS INTL29,993

0.542,972,620Suíça

0.211,154,267ACE LTD19,0700.06311,700NOBLE CORPORATION11,8020.11587,771TE CONNECTIVITY LTD20,8760.10566,164TYCO INTERNATIONAL LTD25,5190.06352,718WEATHERFORD INTERNATIONAL41,557


0.07409,169ENSCO - A9,100

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0.0329,182PCCW88,0000.30325,045POWER ASSETS HOLDINGS LTD50,5000.0995,911SHANGRI-LA ASIA63,834

Index Equity Pacific

116





99.63109,058,495Acções

25.9028,352,025Austrália

0.26282,769AGL ENERGY LTD23,1530.13136,843ALS LTD15,9100.0771,664ALUMINA LTD98,9880.26288,619AMCOR LTD45,2800.38417,469AMP109,3831.902,076,674ANZ BANKING GROUP105,5590.15165,680ASCIANO GROUP44,7960.16171,533ASX SHS6,9420.17184,480AURIZON HOLDINGS62,0190.13139,889AUSTRALIAN PIPELINE TRUST31,7440.0780,167BENDIGO & ADELAIDE BANK11,9153.343,651,589BHP BILLITON LTD124,0730.10106,570BORAL31,0610.31339,720BRAMBLES LIMITED57,1040.0661,873CALTEX AUSTRALIA4,0930.0669,362CENTRO RETAIL AUSTRALIA39,1750.11118,010CFS RETAIL PROP TRT STAPLED SECURITY78,3100.24260,631COCA COLA AMATIL24,4430.15165,097COCHLEAR LIMITED2,6372.742,998,436COMMONWEALTH BANK OF AUSTRALIA61,2100.10105,214COMPUTERSHARE14,7250.11115,938CROWN LIMITED13,8860.76830,098CSL LTD19,3980.13137,921DEXUS PROPERTY GROUP173,5300.0771,914ECHO ENTERTAINMENT GROUP26,3360.0444,923FLIGHT CENTRE2,1120.19211,846FORTESCUE METAL58,0190.21229,387GOODMAN GRP67,0110.15167,104GPT GROUP57,3920.0113,217HARVEY NORMAN HOLDINGS LTD8,7250.10112,351ILUKA RESOURCES LIMITED15,7760.17185,784INCITEC PIVOT72,8670.27295,657INSURANCE AUSTRALIA GROUP79,7690.10107,937LEIGHTON HOLDINGS LTD7,6670.12136,363LEND LEASE CORP18,6530.33363,864MACQUARIE GROUP LIMITED13,0250.0670,107METCASH LIMITED26,3580.12135,925MIRVAC GROUP117,5031.571,721,810NATIONAL AUSTRALIA BANK87,4510.49535,272NEWCREST MINING30,2180.25273,197ORICA13,8040.34372,320ORIGIN ENERGY40,5080.0442,405OZ MINERALS LTD8,0070.0447,730QANTAS AIRWAYS LTD40,9820.38411,795QBE INSURANCE GROUP LTD48,0530.10113,888RAMSAY HEALTH CARE5,2570.79863,633RIO TINTO LTD16,4960.30332,449SANTOS38,060

0.0338,120SIDNEY AIRPORT14,1230.0327,656SIMS GROUP MGT3,7790.12129,775SONIC HEALTHCARE12,3070.21233,823STOCKLAND83,7000.36397,587SUNCORP GROUP49,1480.0891,058TABCORP HOLDINGS LIMITED37,9390.09102,205TATTS GROUP LTD43,1490.52564,561TELSTRA CORPORATION LTD163,4230.0886,052TOLL HOLDINGS23,8760.23247,782TRANSURBAN GROUP51,1160.0892,237TREASURY WINE ESTATES LTD24,8331.021,113,142WESFARMERS LTD38,3450.65707,642WESTFIELD GROUP84,9150.24262,734WESTFIELD RETAIL TRUST109,4672.222,426,063WESTPAC BANKING CORP117,3570.0670,754WHITEHAVEN COAL25,4710.64704,533WOODSIDE PETROLEUM26,1860.991,087,574WOOLWORTHS LTD46,9130.12131,603WORLEY GROUP7,015

0.72789,780Bermudas

0.0888,375CHEUNG KONG INFRASTRUCTURE19,0000.12133,866KERRY PROPERTIES34,0000.28304,180LI & FUNG230,0000.10113,029NOBLE GROUP LTD155,1820.0554,711NWS HOLDINGS LTD42,5000.0444,283ORIENT OVERSEAS INTL LTD9,0000.0551,336YUE YUEN INDUSTRIAL HOLDINGS20,500


1.121,232,405AIA GROUP415,8000.0557,775ASM PACIFIC TECHNOLOGY LTD6,3000.13138,290BANK OF EAST ASIA47,6000.30332,401BOC HONG KONG HOLDINGS LTD141,0000.0667,871CATHAY PACIFIC AIRWAYS49,0000.58639,691CHEUNG KONG HOLDINGS LTD55,0000.41446,879CLP HOLDINGS LTD70,5000.0447,941FIRST PACIFIC58,0000.22242,059GALAXY ENTERTAINMENT GROUP81,0000.26288,450HANG LUNG PROP97,0000.33362,818HANG SENG BANK LTD31,3000.20216,964HENDERSON LAND DEVELOPMENT CO LTD40,0000.50541,901HKG EXCHANGES & CLEARING LTD42,0000.37401,197HONG KONG & CHINA GAS193,0070.0447,232HOPEWELL HOLDINGS14,5000.60651,322HUTCHISON WHAMPOA LTD82,0000.0998,514HYSAN DEVELOPMENT CO27,0000.14152,158MTR CORP51,0000.17188,163NEW WORLD DEVELOPMENT159,500


0.0439,295SP AUSNET STAPLED44,190

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117



0.16175,769SINO LAND127,8000.14157,229SJM HOLDINGS89,0000.61670,054SUN HUNG KAI PROPERTIES59,0000.23248,075SWIRE PACIFIC A26,5000.10112,626SWIRE PROPERTIES LTD44,8000.29316,508THE LINK REAL ESTATE INV TRUST83,5000.30323,103WHARF HOLDINGS55,0050.13140,068WHEELOCK AND COMPANY LTD37,0000.0779,278WING HANG BANK LTD10,074

0.13145,874Irlanda

0.13145,874JAMES HARDIE INDUSTRIES PLC20,193


0.20215,410GENTING INTERNATIONAL250,000

58.5364,076,440Japão

0.0226,566ABC MART8000.0333,318ACOM CO LTD1,5300.0771,335ADVANTEST CORP6,0000.19210,667AEON CO LTD24,2000.0556,783AEON CREDIT SERVICE3,7000.0333,593AEON MALL1,8000.0438,878AIR WATER4,0000.17190,319AISIN SEIKI LTD8,1000.24262,110AJINOMOTO CO INC26,0000.0332,695ALFRESA HOLDINGS CORP1,1000.0773,434ALL NIPPON AIRWAYS46,0000.0773,426AMADA CO LTD15,0000.0334,927AOZORA BANK15,0000.19209,808ASAHI GLASS CO LTD38,0000.24265,715ASAHI GROUP HOLDINGS16,4000.20214,641ASAHI KASEI48,0000.0448,527ASICS CORPORATION4,2000.55601,517ASTELLAS PHARMA INC17,6000.0889,892BANK OF KYOTO14,0000.13144,646BANK OF YOKOHAMA LTD41,0000.0772,927BENESSE2,3000.46498,232BRIDGESTONE CORP25,4000.0777,897BROTHER INDUSTRIES LTD9,6000.0332,281CALBEE6001.161,272,605CANON INC43,2000.0670,399CASIO10,6000.30327,218CENTRAL JAPAN RAILWAY5,3000.13137,802CHIBA BANK31,0000.0664,985CHIYODA6,0000.22243,429CHUBU ELECTRIC POWER CO INC24,0000.10106,300CHUGAI PHARM7,3000.0884,742CHUGOKU BANK8,000

0.0442,336COSMO OIL25,0000.0998,331CREDIT SAISON CO LTD5,2000.10112,780DAI NIPPON PRINTING CO LTD19,0000.0555,010DAICEL CHEMICAL INDUSTRIES11,0000.0338,278DAIDO STEEL10,0000.0890,545DAIHATSU MOTOR CO LTD6,0000.35378,587DAI-ICHI MUTUAL LIFE INSURANCE COMPANY3580.26284,502DAIICHI SANKYO CO LTD24,4000.21233,533DAIKIN INDUSTRIES LTD9,0000.0445,643DAINIPPON SUMITOMO PHARMA5,0000.18201,270DAITO TRUST CONSTRUCTION CO LTD2,8000.21234,803DAIWA HOUSE INDUSTRY18,0000.27293,262DAIWA SECURITIES GROUP INC70,0000.11120,318DENA CO LTD4,8000.0449,100DENKI KAGAKU KOGYO K.K19,0000.43474,610DENSO CORP18,1000.13142,309DENTSU INC7,0000.0558,714DON QUIJOTE2,1000.58634,874EAST JAPAN RAILWAY CO12,9000.30327,042EISAI10,3000.0886,703ELECTRIC POWER DEVELOPMENT4,8000.0556,439FAMILYMART1,8000.951,039,055FANUC LTD7,4000.35385,253FAST RETAILING2,0000.0440,942FUJI ELECTRIC HOLDINGS22,0000.17189,804FUJI HEAVY INDUSTRIES LTD20,0000.25272,021FUJIFILM HOLDINGS CORP17,9000.23250,838FUJITSU LTD79,0000.0781,919FUKUOKA FINANCIAL GROUP27,0000.0557,576FURUKAWA ELECTRIC34,0000.0448,384GREE4,1000.0442,724GS YUASA14,0000.0551,984GUNMA BANK LTD14,0000.0557,021HACHIJUNI BANK15,0000.0225,546HAKUHODO DY HOLDINGS5200.0890,810HAMAMATSU PHOTONICS KK3,3000.17180,949HANKYU HANSHIN HOLDINGS INC.46,0000.0447,724HINO MOTORS LTD7,0000.0890,757HIROSE ELECTRIC1,0000.0660,496HIROSHIMA BANK19,0000.0998,377HISAMITSU PHARMACEUTICAL CO2,6000.0442,163HITACHI CHEMICAL CO LTD3,7000.0448,996HITACHI CONSTRUCTION MACHINERY3,1000.0446,966HITACHI HIGH-TECH3,0000.71777,915HITACHI LTD175,0000.0445,131HITACHI METALS LTD7,0000.0771,960HOKKAIDO ELECTRIC POWER CO INC7,8000.0670,309HOKURIKU ELECTRIC POWER CO INC7,8001.581,730,886HONDA MOTOR CO LTD62,4000.24265,477HOYA CORP17,8000.0329,824HULIC CO LTD5,8000.0662,650IBIDEN CO LTD5,200



0.0663,851HKT LTD86,0000.0331,269MGM CHINA HLDGS22,8000.30331,866SANDS CHINA LTD99,2000.11119,395WYNN MACAU LIMITED58,400

0.15161,100CHUGOKU EL POWER13,5000.0217,940CITIZEN HOLDINGS SHS4,5000.0448,203COCA-COLA WEST HOLDINGS CO LTD4,100

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0.10106,940ISETAN MITSUKHOSHI HOLDINGS LTD14,4000.10105,733ISHIKAWAJIMA-HARIMA HEAVY INDU54,0000.17184,786ISUZU MOTORS LTD41,0000.43465,579ITOCHU CORP58,2000.0337,626ITOCHU TECHNO-SOLUTIONS1,2000.0666,264IYO BANK11,0000.0888,349J FRONT RETAILING21,0000.0775,057JAPAN AIRLINES2,3000.0113,318JAPAN PETROLEUM EXPLORATION5000.0885,719JAPAN PRIME REALTY INVESTMENT390.14149,938JAPAN REAL ESTATE INVESTMENT200.0890,924JAPAN RETAIL FUND INVESTMENT650.67733,851JAPAN TOBACCO INC34,1000.22244,440JFE HOLDINGS17,3000.17188,816JGC8,0000.10108,220JOYO BANK30,0000.09102,636JSR CORP7,1000.0668,204JTEKT CORPORATION9,5000.0773,278JUPITER TELECOMMUNICATIONS770.36398,055JX HOLDINGS93,4400.10107,709KAJIMA CORP43,0000.0554,533KAMIGUMI CO LTD9,0000.0446,040KANEKA CORP12,0000.19211,191KANSAI ELECTRIC POWER CO INC26,4000.0889,937KANSAI PAINT11,0000.39424,489KAO CORP21,4000.11118,681KAWASAKI HEAVY INDUSTRIES58,0000.52569,360KDDI CORP10,6000.11121,609KEIHIN ELEC EXP RAILWAY18,0000.13147,451KEIO CORP26,0000.0883,472KEISEI EL RAILWAY13,0000.34376,219KEYENCE CORP1,7870.0775,939KIKKOMAN CORP7,0000.0224,740KINDEN5,0000.16174,846KINTETSU56,0000.26285,624KIRIN HOLDINGS CO LTD32,0000.10106,712KOBE STEEL LTD111,0000.0444,029KOITO MFG4,0000.62676,119KOMATSU LTD35,1000.0668,160KONAMI CORP4,0000.10105,945KONICA MINOLTA HOLDINGS19,5000.33365,250KUBOTA CORPORATION42,0000.11116,092KURARAY11,7000.0886,774KURITA WATER INDUSTRIES LTD5,2000.37404,331KYOCERA CORP5,9000.0997,345KYOWA HAKKO KIRIN13,0000.11123,980KYUSHU ELECTRIC POWER CO INC14,3000.13144,964LAWSON INC2,8000.14153,860LIXIL GROUP CORPORATION9,1000.0225,789MABUCHI MOTOR8000.0772,552MAC DONALD’S HOLDINGS JPN3,6000.12136,558MAKITA3,900

0.30330,340MARUBENI CORP61,0000.0551,504MARUI GROUP CO LTD8,5000.0441,912MARUICHI STEEL TUBE2,4000.13138,120MAZDA MOTOR CORP90,0000.0553,907MEDICEO PALTAC HOLDINGS6,4000.0774,318MEIJI HOLDINGS CO NPV2,2530.0667,428MIRACA HOLDINGS INC2,2000.17187,864MITSUBISHI CHEMICAL HOLDINGS50,0000.71772,803MITSUBISHI CORPORATION53,2000.45489,998MITSUBISHI ELECTRIC CORP76,0000.78849,383MITSUBISHI ESTATE CO LTD47,0000.0774,087MITSUBISHI GAS CHEMICAL CO INC16,0000.38413,609MITSUBISHI HEAVY INDUSTRIES113,0000.0443,429MITSUBISHI LOGISTICS CORP4,0000.11118,469MITSUBISHI MATERIALS CORP46,0000.13137,370MITSUBISHI MOTORS175,0000.0778,457MITSUBISHI TANABE PHARMA CORP7,9001.811,984,600MITSUBISHI UFJ FINANCIAL GROUP488,1000.0557,605MITSUBISHI UFJ LEASE & FINANCE CO LTD1,7700.0780,640MITSUI CHEMICALS INC41,0000.68743,457MITSUI & CO LTD65,7000.57626,742MITSUI FUDOSAN CO LTD34,0000.10114,253MITSUI O.S.K.LINES LTD51,0001.101,205,513MIZUHO FINANCIAL GROUP INC870,5800.28311,345MS AD ASSURANCE20,7040.31342,962MURATA MANUFACTURING CO LTD7,7000.0329,169M3 INC240.0664,015NABTESCO CORP3,8000.0775,859NAMCO BANDAI HOLDINGS INC7,7000.15167,622NEC CORP105,0000.0441,341NEXON5,4000.0780,649NGK INSULATORS LTD9,0000.0660,328NGK SPARK PLUG6,0000.0337,361NHK SPRING6,0000.15168,248NIDEC CORP3,8000.27298,539NIKON CORP13,4000.30323,514NINTENDO CO LTD4,0000.17189,028NIPPON BUILDING FUND240.0668,725NIPPON ELECTRIC GLASS16,0000.0884,539NIPPON EXPRESS27,0000.0773,778NIPPON MEAT PACKERS7,0000.0438,932NIPPON PAPER GROUP INC3,7000.48528,268NIPPON TELEGRAPH & TELEPHONE16,5000.11118,778NIPPON YUSEN67,0000.0335,694NISHI-NIP CITY BK19,0000.65706,710NISSAN MOTOR CO LTD98,8000.0552,293NISSHIN SEIFUN GROUP INC5,5000.0449,105NISSIN FOOD PRODUCTS CO LTD1,7000.0778,162NITORI1,4000.20219,598NITTO DENKO5,9000.19210,803NKSJ HOLDINGS13,0250.0667,266NOK CORP5,7000.56617,992NOMURA HLDGS INC139,3000.0776,569NOMURA REAL ESTATE HOLDINGS5,300

0.0332,986IDEMITSU KOSAN5000.31334,914INPEX HOLDINGS INC83

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0.52564,914NP STI & S’TOMO305,0000.10107,426NSK LTD20,0000.0999,536NTT DATA420.61666,043NTT DOCOMO INC6090.0440,360NTT URBAN DEVELOPMENT550.12128,065OBAYASHI30,0000.16174,246ODAKYU ELECTRIC RAILWAY22,0000.0557,435OJI HOLDINGS22,0000.10113,076OLYMPUS CORP7,7000.15168,644OMRON CORP9,3000.10112,798ONO PHARMACEUTICAL2,9000.0444,329ORACLE CORP JAPAN1,4000.14156,985ORIENTAL LAND1,7000.34376,900ORIX CORP4,4100.17182,784OSAKA GAS CO LTD66,0000.0217,252OTSUKA3000.26289,813OTSUKA HOLDINGS CO LTD13,5000.35386,735PANASONIC CORP84,0000.0444,545PARK243,7000.16171,799RAKUTEN28,9000.22242,364RESONA HOLDINGS70,1000.17183,992RICOH COMPANY LTD23,0000.0777,395RINNAI1,5000.0998,748ROHM4,0000.0445,312SANKYO CO LTD1,5000.0448,386SANRIO2,0000.0999,409SANTEN PHARMACEUTICAL3,4000.0330,848SBI HOLDINGS4,5900.30324,991SECOM CO LTD8,5000.09103,947SEGA SAMMY HOLDINGS8,1000.13138,728SEKISUI CHEMICAL CO LTD21,0000.14149,550SEKISUI HOUSE LTD18,0000.0442,044SEVEN BANK LTD21,0000.56614,731SEVEN & I HOLDINGS CO LTD28,6000.12128,277SHARP CORPORATION48,0000.09103,083SHIKOKU ELECTRIC POWER CO INC8,5000.0446,596SHIMADZU CORP9,0000.0551,738SHIMAMURA7000.15160,663SHIMANO3,3000.0771,221SHIMIZU CORP25,0000.66719,598SHIN-ETSU CHEMICAL CO LTD15,6000.0993,509SHINSEI BANK62,0000.13140,684SHIONOGI & CO LTD11,1000.12135,246SHISEIDO CO LTD12,6000.13140,933SHIZUOKA BANK19,0000.0782,034SHOWA DENKO KK71,0000.0335,724SHOWA SHELL SEKIYU KK8,3000.26288,199SMC CORP2,1000.921,008,079SOFTBANK CORP36,4000.0551,974SOJITZ CORP46,4000.29313,475SONY CORP37,1000.0773,346SONY FINANCIAL HOLDINGS INC5,400

0.0227,042SQUARE ENIX2,8000.0558,105STANLEY ELECTRIC CO LTD5,4000.0329,635SUMCO CORP4,0000.10113,883SUMITOMO CHEMICAL48,0000.39422,032SUMITOMO CORP43,5000.23247,479SUMITOMO ELECTRIC INDUSTRIES28,4000.0993,332SUMITOMO HEAVY INDUSTRIES LTD26,0000.18191,780SUMITOMO METAL MINING CO LTD18,0001.291,409,415SUMITOMO MITSUI FINANCIAL GRP51,3000.32350,246SUMITOMO MITSUI TRUST HLD131,9300.30326,433SUMITOMO REALTY & DEVELOPMENT13,0000.0661,162SUMITOMO RUBBER INDUSTRIES6,7000.0665,382SURUGA BANK LTD7,0000.0442,847SUZUKEN CO LTD2,0000.25276,839SUZUKI MOTOR CORP14,0000.10104,913SYSMEX3,0000.11118,645TAIHEIYO CEMENT CORP57,0000.0773,152TAISEI CORP29,0000.0883,542TAISHO PHARM1,6000.0221,785TAIYO NIPPON SANSO CORP5,0000.0554,066TAKASHIMAYA CO LTD10,0000.931,023,421TAKEDA PHARMACEUTICAL CO LTD30,1000.13145,378TDK CORPORATION5,3000.0773,267TEIJIN LTD39,0000.18195,206TERUMO CORP6,5000.17180,876T&D HOLDINGS INC19,7000.0668,901THE JAPAN STEEL WORKS14,0000.0771,801THK CO LTD5,3000.14153,166TOBU RAILWAY38,0000.0662,968TOHO CO LTD4,7000.0777,589TOHO GAS19,0000.12133,149TOHOKU ELECTRIC POWER CO INC18,8000.53575,888TOKIO MARINE HLDGS INC27,4000.0669,042TOKYO ELECTRIC POWER38,0000.20222,120TOKYO ELECTRON LTD6,4000.29320,515TOKYO GAS CO LTD92,0000.18192,891TOKYU CORP45,0000.11115,946TOKYU LAND CORP21,0000.0772,376TONENGENERAL SEKIYU KK11,0000.0889,152TOPPAN PRINTING19,0000.23255,645TORAY INDUSTRIES INC55,0000.41445,846TOSHIBA150,0000.0774,070TOTO LTD13,0000.0669,092TOYO SEIKAN KAISHA6,8000.0660,804TOYO SUISAN KAISHA LTD3,0000.0226,074TOYODA GOSEI CO LTD1,7000.0219,249TOYOTA BOSHOKU CP2,2000.13142,114TOYOTA INDUSTRIES CORP5,9003.423,747,843TOYOTA MOTOR CORP106,1000.13139,839TOYOTA TSUSHO CORP7,5000.0998,341TREND MICRO INC4,3000.0448,342TSUMURA & CO2,1000.0883,577UBE INDUSTRIES LTD46,0000.17182,369UNI-CHARM CORP4,600

0.0330,684NOMURA REAL ESTATE OFFICE FD70.0556,899NOMURA RESEARCH3,600

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120



0.19206,915WEST JAPAN RAILWAY CO6,9000.11124,581YAHOO JAPAN5070.13143,169YAKULT HONSHA4,3000.10104,401YAMADA DENKI3,5600.0553,625YAMAGUCHI FINANCIAL GROUP8,0000.0328,830YAMAHA CORP3,6000.10107,137YAMAHA MOTOR CO LTD12,8000.16170,739YAMATO HOLDINGS14,8000.0115,484YAMATO KOGYO7000.0442,424YAMAZAKI BAKING5,0000.0336,294YASKAWA ELECTRIC CORP5,0000.0771,376YOKOGAWA ELECTRIC CORP8,600

0.00-Malta

0.00-BGP HOLDINGS ORDS206,362

0.0994,406Maurício


0.39422,836Nova Zelândia

0.0442,605AUCKLD INTERNATIONAL AIRPORT25,3730.0669,728CONTACT ENERGY21,2360.15153,963FLETCHER BUILDING29,4180.0333,829SKY CITY ENTERTAIN14,4020.11122,711TELECOM CORPORATION OF NEW ZEA85,076


0.10114,078ASCENDAS REAL ESTATE INV TRUST77,0000.0779,618CAPITACOMMERCIAL TRUST REIT76,0000.22240,593CAPITALAND103,5000.10104,488CAPITAMALL TRUST REIT78,4000.0660,439CAPITAMALLS50,0000.12135,203CITY DEVELOPMENTS LTD17,0000.0662,311COMFORTDELGRO CORP56,0000.63676,431DBS GROUP HOLDINGS LTD72,8450.18191,818FRASER & NEAVE32,0000.13139,276GLOBAL LOGISTIC PROPERTIE82,0000.13146,762HUTCHISON PORT HOLDINGS TRST245,0000.14149,671JARDINE CYCLE & CARRIAGE5,0000.33365,485KEPPEL CORPORATION LTD53,6000.0667,785KEPPEL LAND27,0000.0448,527OLAM INTERNATIONAL50,1820.54591,669OVERSEA-CHINESE BANKING97,0000.13140,472SEMBCORP INDUSTRIES43,0000.10114,803SEMBCORP MARINE40,0000.12135,011SINGAPORE AIRLINES20,0000.12134,707SINGAPORE EXCHANGE31,0000.15163,588SINGAPORE PRESS HOLDING65,0000.13145,580SINGAPORE TECHNOLOGIES ENGINEE61,0000.60652,294SINGAPORE TELECOMM316,0000.0332,718STARHUB14,0000.57626,593UNITED OVERSEAS BANK LTD51,000

0.0444,706UOL GROUP LTD12,0000.12133,697WILMAR INTERNATIONAL64,0000.0550,846YANGZIJIANG SHIPBUILDING85,000

0.00-Warrants, direitos0.00-Singapura

0.00-OLAM INTERNATIONAL DTS 21/01/201315,7060.00-OLAM INTERNATIONAL WARRANT 28/02/20138,129


0.0333,233USHIO INC4,0000.0552,332USS660

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Index Global Bond (EUR) Hedged

121





96.20484,840,180Obrigações


0.381,929,010AUSTRALIA 4.50% 15/04/20202,250,0000.221,132,674AUSTRALIA 5.75% 15/07/20221,200,0000.331,650,271AUSTRALIA 6.25% 15/06/20142,000,000

1.778,896,036Bélgica

0.522,576,258BELGIUM 3.75% 28/09/20152,350,0000.09467,992BELGIUM 4% 28/03/2019400,0000.391,971,425BELGIUM 4% 28/03/20221,675,0000.401,990,833BELGIUM 5% 28/03/20351,490,0000.371,889,528BELGIUM 5.50% 28/09/20171,550,000

1.678,437,456Canadá

0.231,151,995CANADA 3.25% 01/06/20211,350,0000.221,133,455CANADA 4.25% 01/06/20181,300,0000.753,772,849CANADA 4.50% 01/06/20154,600,0000.391,954,275CANADA 5% 01/06/20371,730,0000.08424,882CANADA 5.75% 01/06/2029375,000


0.16824,036DENMARK 4% 15/11/20175,200,0000.16789,254DENMARK 4.50% 15/11/20393,850,0000.10480,688DENMARK 7% 10/11/20242,200,000

6.5132,831,729França

0.542,716,675FRANCE BTAN 3% 12/07/20142,600,0000.814,078,242FRANCE OAT 3% 25/10/20153,780,0000.874,360,804FRANCE OAT 3.50% 25/04/2020 STRIPS3,800,0000.522,643,455FRANCE OAT 3.75% 25/04/20172,325,0000.331,643,658FRANCE OAT 4% PERPETUAL1,370,0000.582,931,336FRANCE OAT 4.25% 25/04/20192,460,0000.995,057,514FRANCE OAT 4.25% 25/10/20234,200,0000.984,928,196FRANCE OAT 5% 25/10/20164,200,0000.894,471,849FRANCE OAT 5.75% 25/10/20323,050,000

3.3917,097,704Alemanha

0.552,775,068GERMANY BUND 3.50% 04/07/20192,350,0000.08413,536GERMANY BUND 4% 04/01/2018350,0000.623,126,145GERMANY BUND 4% 04/07/20162,750,0000.683,453,048GERMANY BUND 4.25% 04/07/20392,410,0000.251,251,805GERMANY BUND 4.75% 04/07/2034855,0000.412,067,861GERMANY BUND 5.625% 04/01/20281,380,0000.331,657,341GERMANY BUND 6.25% 04/01/20241,110,0000.472,352,900GERMANY 3.25% 04/07/20212,000,000

6.0530,496,674Itália

0.633,174,898ITALY BTP 4% 01/02/20173,050,0000.743,727,437ITALY BTP 4.25% 01/02/20153,570,0000.663,316,256ITALY BTP 4.25% 01/08/20143,200,0001.819,148,158ITALY BTP 4.50% 01/03/20198,740,0001.065,321,307ITALY BTP 4.75% 01/08/20235,190,0001.155,808,618ITALY BTP 5% 01/08/20345,795,000

28.63144,300,011Japão

2.3311,735,112JAPAN JGB 1.30% 20/03/20191,260,000,0001.929,652,507JAPAN JGB 1.50% 20/12/20151,055,000,0000.633,172,741JAPAN JGB 1.80% 20/09/2016340,000,0002.7814,019,095JAPAN JGB 1.90% 20/06/20141,555,000,0001.959,832,908JAPAN JGB 1.90% 20/09/20221,014,000,0002.4112,134,915JAPAN JGB 2% 20/12/20331,330,500,0001.839,216,169JAPAN JGB 2.10% 20/12/2024935,000,0002.2011,066,518JAPAN JGB 2.10% 20/12/20271,145,000,0001.557,787,533JAPAN JGB 2.20% 20/09/2026789,000,0002.9514,866,160JAPAN JGB 2.30% 20/09/20181,516,000,0001.899,533,535JAPAN JGB 2.40% 20/03/2020955,000,0001.487,455,116JAPAN JGB 2.40% 20/03/2048778,000,0000.974,906,366JAPAN JGB 3.10% 20/09/2017491,000,0003.7418,921,336JAPAN JGB 3.70% 21/09/20151,963,000,000


0.452,253,283NETHERLANDS 3.25% 15/07/20211,950,0000.402,039,681NETHERLANDS 3.75% 15/07/20141,930,0000.301,530,018NETHERLANDS 4% 15/01/20371,150,0000.653,285,120NETHERLANDS 4% 15/07/20162,900,0000.09430,488NETHERLANDS 4% 15/07/2019360,0000.06306,086NETHERLANDS 5.50% 15/01/2028210,000

2.8114,161,464Espanha

0.592,973,000SPAIN 3.25% 30/04/20163,000,0000.271,385,440SPAIN 4.10% 30/07/20181,400,0000.623,092,850SPAIN 4.40% 31/01/20153,000,0000.422,135,058SPAIN 4.85% 31/10/20202,150,0000.09475,362SPAIN 4.90% 30/07/2040540,0000.422,104,735SPAIN 5.50% 30/04/20212,050,0000.401,995,019SPAIN 5.75% 30/07/20321,970,000


0.623,124,045UK GILT 2.25% 07/03/20142,500,0001.125,622,413UK GILT 4% 07/03/20223,840,0000.763,837,141UK GILT 4% 07/09/20162,790,0000.422,133,739UK GILT 4.25% 07/03/20361,430,000


5.4127,276,398USA T-BONDS 1.25% 31/08/201535,200,0000.673,355,227USA T-BONDS 3.125% 15/05/20213,900,0000.10483,357USA T-BONDS 4.25% 15/08/2014600,0002.9514,860,031USA T-BONDS 4.25% 15/11/201716,770,0001.467,373,067USA T-BONDS 4.50% 15/08/20397,275,0001.718,628,345USA T-BONDS 4.625% 15/02/20408,350,000

1.768,869,088USA T-BONDS 5% 15/05/20378,230,0002.1510,832,428USA T-BONDS 7.125% 15/02/20239,460,0002.9114,669,164USA T-BONDS 8.125% 15/08/201913,300,0003.2716,476,259USA T-BONDS 8.75% 15/05/202014,150,0003.0815,530,446USA T-BONDS 9.125% 15/05/201814,250,0009.0545,597,298USA T-BONDS 9.25% 15/02/201647,260,000

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Index Global Bond (EUR) Hedged

122



0.15751,551Obrigações convertíveis0.15751,551Austrália

0.15751,551AUSTRALIA 6% 15/02/2017850,000


0.361,805,558Suécia

0.361,805,558SWEDEN 5% 01/12/202012,250,000

1.467,325,075UK GILT 4.25% 07/12/20464,910,0001.376,909,566UK GILT 4.50% 07/03/20194,700,0000.381,910,993UK GILT 4.75% 07/09/20151,400,0001.065,348,859UK GILT 6% 07/12/20282,955,000

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Absolute Forex

123






26.1028,999,956França

4.505,000,000BNP PARIBAS VAR 04/02/20135,000,0004.505,000,000BPCE SA VAR 14/02/20135,000,0004.505,000,000CREDIT AGRICOLE CIB VAR 14/02/20135,000,0003.603,999,956CREDIT AGRICOLE CIB 0% 02/01/20134,000,0004.505,000,000NATIXIS VAR 19/02/20135,000,0004.505,000,000SOCIETE GENERALE VAR 01/02/20135,000,000

3.784,197,144Irlanda

3.784,197,144IRELAND 0% 18/02/20134,200,000

20.6822,969,938Itália

8.999,988,323ITALY 0% 28/02/201310,000,00011.6912,981,615ITALY 0% 28/03/201313,000,000


4.504,999,563FORTIS BANK LUXEMBOURG 0% 14/02/20135,000,000


4.504,998,584ING BANK NV 0% 01/03/20135,000,0004.504,999,007THE ROYAL BANK OF SCOTLAND NV 0% 06/03/20135,000,000

10.7911,991,925Espanha

10.7911,991,925SPAIN 0% 18/01/201312,000,000

3.603,999,550Suécia

3.603,999,550NORDEA BANK AB 0% 14/02/20134,000,000


4.505,000,000BARCLAYS BANK PLC LONDON VAR 18/02/20135,000,000


2.863,184,582USA T-BILLS 0% 28/03/20134,200,0001.711,895,120USA T-BILLS 0% 30/05/20132,500,000



9.3810,422,548SG MONETAIRE PLUS440


0.61674,642Opções0.61674,642Luxemburgo

0.0222,289AUD(P)/MXN(C)OTC - 13.20 - 26.02.13 PUT5,000,0000.00-CAD(P)/JPY(C)OTC - 75.00 - 24.01.13 PUT5,000,0000.00205CAD(P)/JPY(C)OTC - 80.00 - 24.01.13 PUT5,000,0000.00280EUR(C)/AUD(P)OTC - 1.34 - 12.02.13 CALL500,0000.004,481EUR(C)/AUD(P)OTC - 1.34 - 12.02.13 CALL8,000,0000.001,606EUR(C)/CHF(P)OTC - 1.225 - 18.01.13 CALL4,800,000

0.0891,475EUR(C)/INR(P)OTC - 74.50 - 10.06.13 CALL5,000,0000.001,987EUR(P)/AUD(C)OTC - 1.20 - 12.02.13 PUT8,500,0000.0217,509EUR(P)/INR(C)OTC - 68.50 - 10.06.13 PUT5,000,0000.21226,290NZD(C)/JPY(P)OTC - 68.00 - 01.05.13 CALL7,000,0000.00566NZD(P)/JPY(C)OTC - 52.00 - 01.05.13 PUT7,000,0000.016,910NZD(P)/JPY(C)OTC - 59.00 - 01.05.13 PUT7,000,0000.09104,159NZD(P)/JPY(C)OTC - 68.00 - 19.06.13 PUT8,500,0000.10104,177USD(C)/JPY(P)OTC - 85.00 - 09.05.13 CALL4,500,0000.0111,942USD(C)/JPY(P)OTC - 94.00 - 09.05.13 CALL4,500,0000.0039USD(P)/INR(C)OTC - 52.00 - 10.01.13 PUT4,700,0000.003USD(P)/INR(C)OTC - 52.00 - 10.01.13 PUT300,0000.0780,724USD(P)/ZAR(C)OTC - 8.60 - 15.02.13 PUT5,000,000-0.49-542,880Posições curtas


-0.49-542,880Opções-0.49-542,880Luxemburgo

-0.01-10,434AUD(C)/MXN(P)OTC - 14.15 - 26.02.13 CALL-5,000,0000.00-30CAD(P)/JPY(C)OTC - 78.00 - 24.01.13 PUT-10,000,000-0.03-30,108EUR(C)/AUD(P)OTC - 1.30 - 12.02.13 CALL-8,500,0000.00-EUR(C)/CHF(P)OTC - 1.26 - 18.01.13 CALL-600,0000.00-EUR(C)/CHF(P)OTC - 1.26 - 18.01.13 CALL-9,000,000-0.10-124,875EUR(C)/INR(P)OTC - 73.00 - 10.06.13 CALL-5,000,0000.00-4EUR(P)/AUD(C)OTC - 1.15 - 12.02.13 PUT-500,0000.00-58EUR(P)/AUD(C)OTC - 1.15 - 12.02.13 PUT-8,000,000-0.01-7,400EUR(P)/INR(C)OTC - 65.00 - 10.06.13 PUT-5,000,000-0.10-110,487NZD(C)/JPY(P)OTC - 71.00 - 01.05.13 CALL-7,000,0000.00-566NZD(P)/JPY(C)OTC - 52.00 - 01.05.13 PUT-7,000,000-0.01-6,910NZD(P)/JPY(C)OTC - 59.00 - 01.05.13 PUT-7,000,000-0.04-43,434NZD(P)/JPY(C)OTC - 64.00 - 21.06.13 PUT-8,500,000-0.05-53,784NZD(P)/JPY(C)OTC - 65.00 - 19.06.13 PUT-8,500,000-0.07-81,481USD(C)/JPY(P)OTC - 89.00 - 09.05.13 CALL-9,000,000-0.07-73,309USD(P)/ZAR(C)OTC - 8.40 - 15.02.13 PUT-10,000,000


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Absolute VaR 2(EUR)

124






24.2513,014,502França

2.791,499,128BNP PARIBAS 0% 04/02/20131,500,0004.652,498,410BPCE SA 0% 14/02/20132,500,0001.45775,402CADES 1.75% 24/02/20151,000,0005.582,998,092CREDIT AGRICOLE SA 0% 14/02/20133,000,0000.91487,940DEXIA MUNICIPAL AGENCY 3.75% 18/05/2016450,0003.631,947,462HSBC FRANCE (EX CCF) 5.75% 19/06/20131,900,0003.731,998,972SOCIETE GENERALE 0% 01/02/20132,000,0001.51809,096SOCIETE GENERALE 5.25% 28/03/2013800,000

0.75401,040Alemanha

0.75401,040DEUTSCHE BANK AG 5.125% 31/01/2013400,000

15.608,375,258Irlanda

1.51812,216INTESA SANPAOLO BANK IRELAND PLC 4%08/08/2013

800,000

4.662,498,792IRELAND 0% 21/01/20132,500,0009.435,064,250IRELAND 5% 18/04/20135,000,000

15.348,227,500Itália

6.273,359,730ITALY BTP 4.25% 01/08/20133,300,0005.122,746,035ITALY 3% 01/04/20142,700,0003.952,121,735ITALY 3.50% 01/11/20172,100,000


3.731,998,778FORTIS BANK LUXEMBOURG 0% 14/02/20132,000,000


5.592,998,378ING BANK NV 0% 01/02/20133,000,0002.801,500,810RABOBANK NEDERLAND FRN 21/08/20131,500,000

11.065,931,802Espanha

5.572,988,134SPAIN 0% 15/03/20133,000,0005.492,943,668SPAIN 0% 23/08/20133,000,000

4.662,499,018Suíça

4.662,499,018UBS AG 0% 28/02/20132,500,000


1.50807,264ABBEY NATIONAL TREASURY FRN 28/08/2013800,0001.40750,465LLOYDS TSB BANK PLC FRN 18/01/2013750,0002.121,137,743PERMANENT MASTER ISSUER 2010 1 FRN

15/07/20421,500,000

1.901,016,860ROYAL BANK OF SCOTLAND PLC 5.25% 15/05/20131,000,0000.56301,208UK GILT 4.25% 07/03/2036200,0000.45243,336UK GILT 4.75% 07/12/2038150,000


1.14612,506WELLS FARGO AND CO 1.25% 13/02/2015800,000

5.562,982,846Títulos apoiados em hipotecas e activos0.75400,360França

0.75400,360AUTONORIA FRN 25/02/2029400,000

1.981,065,669Itália

0.1369,441SIENA MORTGAGES 07-5 S.P.A FRN 22/11/2070500,0001.85996,228SIENA MORTGAGES 07-5 S.P.A FRN 22/11/20701,000,000


1.52815,239STORM 2012-I BV FRN 22/01/2054900,000



500,000

0.35188,499SILVERSTONE MASTER VAR 21/01/2055150,000


8.004,289,647Acções/Unidades de Participação em fundos de investimento

7.183,848,385França

7.183,848,385AMUNDI GLOBAL EMERGENTS R0.398


0.82441,262STRUCTURA ASIAN LOCAL DEBT I CAPITALISATION442


1.21649,372Opções


0.1369,711AUD(C)/USD(P)OTC - 1.0083 - 21.03.13 CALL3,000,0000.1369,711AUD(C)/USD(P)OTC - 1.0083 - 21.03.13 CALL3,000,0000.0422,866AUD(P)/NZD(C)OTC - 1.15 - 25.11.13 PUT230,0000.0315,937AUD(P)/USD(C)OTC - 1.0083 - 21.03.13 PUT3,000,0000.0315,937AUD(P)/USD(C)OTC - 1.0083 - 21.03.13 PUT3,000,0000.002,359EUR(C)/CHF(P)OTC - 1.2138 - 10.01.13 CALL5,000,0000.20109,537EUR(C)/USD(P)OTC - 1.295 - 08.05.13 CALL3,500,0000.0313,741EUR(P)/CAD(C)OTC - 1.26 - 07.06.13 PUT2,400,0000.00-EUR(P)/CHF(C)OTC - 1.19 - 10.01.13 PUT6,500,0000.013,090EUR(P)/USD(C)OTC - 1.16 - 08.05.13 PUT3,500,0000.0844,325EUR(P)/USD(C)OTC - 1.295 - 08.05.13 PUT3,500,0000.0210,831GBP(P)/USD(C)OTC - 1.62 - 19.02.13 PUT4,300,0000.34175,718USD(C)/JPY(P)OTC - 83.00 - 09.05.13 CALL5,000,0000.013,387USD(C)/JPY(P)OTC - 85.00 - 18.01.13 CALL1,500,0000.012,801USD(C)/JPY(P)OTC - 86.00 - 19.02.13 CALL1,500,0000.001,755USD(C)/JPY(P)OTC - 87.00 - 18.03.13 CALL1,500,0000.001,155USD(C)/JPY(P)OTC - 88.00 - 18.04.13 CALL1,500,0000.0740,058USD(C)/JPY(P)OTC - 93.00 - 22.11.13 CALL130,0000.002,092USD(P)/JPY(C)OTC - 82.00 - 12.02.13 PUT4,300,000


0.002,258US 5YR T-NOTES - 122.25 - 22.02.13 PUT1270.0314,299US 5YR T-NOTES - 123.75 - 22.02.13 PUT1270.0527,80410YR US TREASRY NOTE - 133.00 - 25.01.13 PUT51

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Absolute VaR 2(EUR)

125





-0.88-472,811Opções

-0.84-453,208Luxemburgo

-0.27-139,422AUD(C)/USD(P)OTC - 1.0083 - 21.03.13 CALL-6,000,000-0.06-31,874AUD(P)/USD(C)OTC - 1.0083 - 21.03.13 PUT-6,000,000-0.06-34,547EUR(C)/CAD(P)OTC - 1.335 - 07.06.13 CALL-2,400,0000.00-EUR(C)/CHF(P)OTC - 1.24 - 10.01.13 CALL-5,000,000-0.20-109,537EUR(C)/USD(P)OTC - 1.295 - 08.05.13 CALL-3,500,000-0.01-5,532EUR(P)/CAD(C)OTC - 1.22 - 07.06.13 PUT-2,400,0000.00-EUR(P)/CHF(C)OTC - 1.10 - 10.01.13 PUT-6,500,0000.00-87EUR(P)/CHF(C)OTC - 1.20 - 10.01.13 PUT-5,000,000-0.11-60,192USD(C)/JPY(P)OTC - 85.50 - 12.02.13 CALL-4,300,000-0.13-71,264USD(C)/JPY(P)OTC - 90.00 - 09.05.13 CALL-10,000,0000.00-753USD(P)/JPY(C)OTC - 80.70 - 12.02.13 PUT-4,300,000


-0.02-10,536US 5YR T-NOTES - 123.00 - 22.02.13 PUT-254-0.02-9,06710YR US TREASRY NOTE - 131.50 - 25.01.13 PUT-51


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Absolute VaR 4(EUR)

126





9.929,831,453Acções

0.0987,549Bélgica

0.0987,549UMICORE2,100

0.12123,151Canadá

0.12123,151RESEARCH IN MOTION13,700


0.0767,459HERBALIFE2,700

0.20199,713Curaçao

0.20199,713SCHLUMBERGER LTD3,800

1.411,401,374França

0.0441,665AREVA3,2500.0986,775AXA SA6,5000.12114,980BNP PARIBAS2,7000.15144,124CGG VERITAS6,3800.1099,258ELECTRICITE DE FRANCE7,1000.13126,753FRANCE TELECOM SA15,2000.0764,856ORPEA1,9360.0658,825PUBLICIS GROUPE1,3000.1099,946SANOFI1,400

0.46451,548Alemanha

0.0883,840ALLIANZ SE-NOM8000.0993,457BAYER AG1,3000.0766,182DEUTSCHE TELEKOM AG-NOM7,7000.15142,309E.ON SE10,1000.0765,760SIEMENS AG-NOM800

0.13129,466Itália

0.0333,846FIAT INDUSTRIAL SPA4,1000.1095,620TELECOM ITALIA SPA140,000

0.0874,447Jersey

0.0874,447WPP PLC6,800


0.11109,508AEGON NV22,8000.11109,439AKZO NOBEL NV-CVA2,2000.12116,076CORE LABORATORIES1,4000.15153,400EADS5,2000.22211,830ING GROEP NV-CVA30,0000.14141,805RANDSTAD HOLDING NV5,1000.1097,486ROYAL PHILIPS ELECTRONICS NV4,9000.26262,192Espanha

0.0772,292IBERDROLA SA17,2330.19189,900INDITEX1,800

0.40393,661Suíça

0.15147,576NOVARTIS AG-NOM3,1000.20198,211ROCHE HOLDING AG - BON DE JOUISSANCE

DIVIDENDE1,300

0.0547,874WOLSELEY PLC1,339


0.13126,073ASOS3,8000.41416,104ASTRAZENECA PLC11,6000.32330,186AVIVA PLC71,8000.0988,642BARCLAYS PLC27,4000.27272,130BG GROUP PLC21,8000.15149,650BHP BILLITON PLC5,7000.17167,071BP PLC31,9000.23227,267BRITISH LAND CO PLC32,8000.14134,526BURBERRY GROUP8,9000.11104,090GKN36,9000.11104,150HAMMERSON17,3000.14134,580IMPERIAL TOBACCO GROUP PLC4,6000.13132,813INCHCAPE25,0000.18177,524LAND SECURITIES GROUP PLC17,7000.0440,736NATIONAL GRID PLC4,7000.0766,158PRUDENTIAL PLC6,2000.24233,783RIO TINTO PLC5,4000.30296,115ROYAL DUTCH SHELL PLC-A11,4000.0547,752SMITH & NEPHEW5,7000.20200,858TATE & LYLE PLC21,3800.17163,571VODAFONE GROUP PLC85,9000.13126,647XSTRATA PLC9,7000.0884,0843I GROUP31,400


0.0546,545AKAMAI TECHNOLOGIES INC1,5000.15149,591APPLE INC3700.0552,583ENERNOC5,9000.0553,805GOOGLE INC-A1000.0332,069GT ADVANCED TCH14,0000.12118,405HALLIBURTON CO4,5000.22214,715HEXCEL10,5000.0987,856ITRON INC2,6000.0772,777KKR & CO LP6,3000.0770,024LAS VEGAS SANDS2,0000.13124,721MORGAN STANLEY8,6000.0218,165PEABODY ENERGY CORP9000.28273,932PFIZER INC14,4000.20200,384TESLA MOTOR INC7,8000.12123,668VERISIGN4,2000.15149,465VISA INC-A1,3000.0328,562VMWARE CLASS A4000.0659,572WEIGHT WATCHER INTL1,500

0.30304,278TOTAL7,8000.17182,144VIVENDI10,7460.0877,770WENDEL ACT1,000

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Absolute VaR 4(EUR)

127




18.6718,488,601França

1.081,065,366BNP PARIBAS FRN 10/01/20141,400,0003.533,497,965BNP PARIBAS 0% 04/02/20133,500,0001.511,499,046BPCE SA 0% 14/02/20131,500,0001.01996,585BPCE SA 2.375% 04/10/20131,300,0004.043,999,955CREDIT AGRICOLE CIB 0% 02/01/20134,000,0002.022,004,300PINAULT PRINTEMPS 4% 29/01/20132,000,0001.141,127,620SAINT GOBAIN (CIE) 4.75% 11/04/20171,000,0003.032,998,458SOCIETE GENERALE 0% 01/02/20133,000,0001.311,299,306SOCIETE GENERALE 2.20% 14/09/20131,700,000

14.3714,243,848Irlanda

1.131,116,797INTESA SANPAOLO BANK IRELAND PLC 4%08/08/2013

1,100,000

3.032,998,551IRELAND 0% 21/01/20133,000,00010.2110,128,500IRELAND 5% 18/04/201310,000,000

18.4318,263,322Itália

2.362,341,630ITALY BTP 4.25% 01/08/20132,300,0004.033,996,453ITALY 0% 14/02/20134,000,0002.021,997,009ITALY 0% 28/03/20132,000,0004.114,068,200ITALY 3% 01/04/20144,000,0005.915,860,030ITALY 3.50% 01/11/20175,800,000

0.64636,613México

0.64636,613MEXICO 9.50% 18/12/2014100,000


0.85840,569ING BANK NV FRN 18/10/20131,100,0003.022,998,378ING BANK NV 0% 01/02/20133,000,0001.021,010,800NOMURA EUROPE FINANCE NV 5.125% 09/12/2014950,0001.011,000,540RABOBANK NEDERLAND FRN 21/08/20131,000,000

10.4710,376,947Espanha

5.034,980,222SPAIN 0% 15/03/20135,000,0005.445,396,725SPAIN 0% 23/08/20135,500,000


1.321,311,804ABBEY NATIONAL TREASURY FRN 28/08/20131,300,0000.37369,628MORGAN STANLEY AND CO. INTERNATIONAL PLC

4.50% 29/10/2014350,000

1.031,016,860ROYAL BANK OF SCOTLAND PLC 5.25% 15/05/20131,000,0002.282,259,062UK GILT 4.25% 07/03/20361,500,000


1.00995,322WELLS FARGO AND CO 1.25% 13/02/20151,300,000

4.974,921,501Títulos apoiados em hipotecas e activos1.211,195,474Itália

1.211,195,474SIENA MORTGAGES 07-5 S.P.A FRN 22/11/20701,200,000


0.61604,815HIGHWAY BV FRN 26/03/2024600,0001.191,177,567STORM 2012-I BV FRN 22/01/20541,300,000



800,000

0.63620,055FOSSE MASTER ISSUER PLC FRN 18/10/2054800,0000.51502,663SILVERSTONE MASTER VAR 21/01/2055400,000



2.682,658,067AMUNDI ACTIONS THEMA MONDE R3,1806.446,372,073AMUNDI GLOBAL EMERGENTS R0.6590.79786,698PORTFOLIO GLOBAL VOLATIL4


2.402,382,965Opções


0.22220,752AUD(C)/USD(P)OTC - 1.0083 - 21.03.13 CALL9,500,0000.22220,752AUD(C)/USD(P)OTC - 1.0083 - 21.03.13 CALL9,500,0000.0985,499AUD(P)/NZD(C)OTC - 1.15 - 25.11.13 PUT860,0000.0550,468AUD(P)/USD(C)OTC - 1.0083 - 21.03.13 PUT9,500,0000.0550,468AUD(P)/USD(C)OTC - 1.0083 - 21.03.13 PUT9,500,0000.019,435EUR(C)/CHF(P)OTC - 1.2138 - 10.01.13 CALL20,000,0000.39388,075EUR(C)/USD(P)OTC - 1.295 - 08.05.13 CALL12,400,0000.0549,810EUR(P)/CAD(C)OTC - 1.26 - 07.06.13 PUT8,700,0000.00-EUR(P)/CHF(C)OTC - 1.19 - 10.01.13 PUT24,350,0000.0110,948EUR(P)/USD(C)OTC - 1.16 - 08.05.13 PUT12,400,0000.16157,036EUR(P)/USD(C)OTC - 1.295 - 08.05.13 PUT12,400,0000.0440,300GBP(P)/USD(C)OTC - 1.62 - 19.02.13 PUT16,000,0000.68667,729USD(C)/JPY(P)OTC - 83.00 - 09.05.13 CALL19,000,0000.0112,983USD(C)/JPY(P)OTC - 85.00 - 18.01.13 CALL5,750,0000.0110,737USD(C)/JPY(P)OTC - 86.00 - 19.02.13 CALL5,750,0000.016,726USD(C)/JPY(P)OTC - 87.00 - 18.03.13 CALL5,750,0000.004,429USD(C)/JPY(P)OTC - 88.00 - 18.04.13 CALL5,750,0000.15150,988USD(C)/JPY(P)OTC - 93.00 - 22.11.13 CALL490,0000.017,784USD(P)/JPY(C)OTC - 82.00 - 12.02.13 PUT16,000,000


0.0876,153S&P 500 INDEX - 1,370 - 19.01.13 PUT800.018,250US 5YR T-NOTES - 122.25 - 22.02.13 PUT4640.0552,242US 5YR T-NOTES - 123.75 - 22.02.13 PUT4640.10101,40110YR US TREASRY NOTE - 133.00 - 25.01.13 PUT186



-1.68-1,667,128Opções-0.09-93,406Estados Unidos da América

-0.02-21,845S&P 500 INDEX - 1,300 - 19.01.13 PUT-80-0.04-38,495US 5YR T-NOTES - 123.00 - 22.02.13 PUT-928-0.03-33,06610YR US TREASRY NOTE - 131.50 - 25.01.13 PUT-186

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Absolute VaR 4(EUR)

128



-0.02-20,053EUR(P)/CAD(C)OTC - 1.22 - 07.06.13 PUT-8,700,0000.00-EUR(P)/CHF(C)OTC - 1.10 - 10.01.13 PUT-24,350,0000.00-349EUR(P)/CHF(C)OTC - 1.20 - 10.01.13 PUT-20,000,000-0.23-223,969USD(C)/JPY(P)OTC - 85.50 - 12.02.13 CALL-16,000,000-0.27-270,802USD(C)/JPY(P)OTC - 90.00 - 09.05.13 CALL-38,000,0000.00-2,802USD(P)/JPY(C)OTC - 80.70 - 12.02.13 PUT-16,000,000


-1.59-1,573,722Luxemburgo

-0.45-441,505AUD(C)/USD(P)OTC - 1.0083 - 21.03.13 CALL-19,000,000-0.10-100,935AUD(P)/USD(C)OTC - 1.0083 - 21.03.13 PUT-19,000,000-0.13-125,231EUR(C)/CAD(P)OTC - 1.335 - 07.06.13 CALL-8,700,0000.00-EUR(C)/CHF(P)OTC - 1.24 - 10.01.13 CALL-20,000,000-0.39-388,076EUR(C)/USD(P)OTC - 1.295 - 08.05.13 CALL-12,400,000

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Absolute Statistical Arbitrage

129





23.4412,421,105Acções

0.43230,384Áustria

0.43230,384OMV AG8,422

2.301,219,086França

0.43227,986ELECTRICITE DE FRANCE16,3080.44231,682FRANCE TELECOM SA27,7830.47250,362LAFARGE SA5,1910.50265,355PEUGEOT SA48,5020.46243,701VINCI SA6,777

0.45239,289Alemanha

0.45239,289VOLKSWAGEN AG-PFD1,390

0.53280,194Irlanda

0.53280,194ACCENTURE SHS CLASS A5,555

0.45240,100Itália

0.45240,100ATLANTIA SPA17,564


0.44230,871CORIO6,7280.44234,828ING GROEP NV-CVA33,2570.45239,217KONINKLIJKE AHOLD NV23,6030.36190,586KONINKLIJKE KPN NV51,288

0.43229,568ROYAL PHILIPS ELECTRONICS NV11,539

0.90479,230Suécia

0.45243,327HENNES & MAURITZ AB-B SHS9,2960.45235,903NORDEA BANK AB32,581

0.90478,362Suíça

0.44234,786JULIUS BAER GRUPPE8,7640.46243,576SWISS PRIME SITE3,850


0.46246,679ANGLO AMERICAN PLC10,5640.43227,021GLAXOSMITHKLINE PLC13,7930.43226,386MORRISON SUPERMARKETS PLC69,8180.44232,087ROYAL DUTCH SHELL PLC-A8,9350.42221,360VODAFONE GROUP PLC116,2480.45236,403WHITBREAD7,836


0.65338,790ADVANCED MICRO DEVICES INC186,1080.54286,116AT&T INC11,1900.50263,506BEST BUY CO INC29,3170.56298,152BOSTON PROPERTIES INC3,7150.54286,153CA17,1640.56295,603CIGNA CORP7,2900.56296,979COMERICA INC12,9050.62323,268EASTMAN CHEMICAL CO6,2630.60318,355HEWLETT PACKARD CO29,4540.57301,690HOSPIRA12,7320.56294,491HUDSON CITY BANCORP47,7560.57304,192INTEL CORP19,4400.54288,614LEGGETT & PLATT INC13,9790.55291,286LENNAR A9,9310.00-MARRIOTT INTL ORD REG5290.55291,586M&T BANK CORPORATION3,9040.55289,321OCCIDENTAL PETROLEUM CORP4,9790.55292,734OMNICOM GROUP INC7,7250.54287,819PIONEER NATURAL RES3,5600.57303,359PNC FINANCIAL SERVICES GROUP6,8590.58306,818RED HAT7,6380.52276,007R.R.DONNELEY & SONS CO40,4320.42222,568TELLABS INC128,6990.53282,047TOTAL SYSTEM SERVICES INC17,360


16.488,732,825França

1.38733,318ALSTOM SA 0% 04/01/2013733,3335.672,999,995BANQUE SOLFEA VAR 15/01/20133,000,0002.831,499,567GECINA 0% 21/02/20131,500,0002.831,499,980MICHELIN 0% 07/01/20131,500,0003.771,999,965VIVENDI 0% 03/01/20132,000,000

5.662,999,702Alemanha

2.831,499,963RWE AG 0% 11/01/20131,500,0002.831,499,739VOLKSWAGEN BANK GMBH 0% 26/02/20131,500,000


3.771,999,789ADECCO INTERNATIONAL FINANCIAL 0%31/01/2013

2,000,000

3.771,999,443AEGON NV 0% 28/02/20132,000,0005.672,997,590ING BANK NV 0% 04/03/20133,000,0002.831,499,743KONINKLIJKE DSM NV 0% 18/03/20131,500,0004.162,199,744PANASONIC FINANCE 0% 14/01/20132,200,000


4.162,199,835HITACHI CAPITAL UK PLC 0% 18/01/20132,200,0003.771,999,278IMPERIAL TOBACCO FINANCE PLC 0% 19/02/20132,000,000


4.712,494,697HEWLETT PACKARD CO 0% 11/03/20132,500,0004.152,199,487SES GLOBAL AMERICAS HOLDINGS 0% 28/01/20132,200,000





3.952,093,540STRU EQSTYLE ARB I2,000


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Absolute High Yield

130






12.2911,554,502França

1.461,370,499BANQUE PSA FINANCE 6% 16/07/20141,300,0000.94880,000CROWN EURO HOLDINGS 7.125% 15/08/2018800,0000.34316,050EUROPCAR GROUPE SA 11.50% 15/05/2017300,0000.63589,458FAURECIA 9.375% 15/12/2016510,0003.443,245,621PERNOD RICARD 7% 15/01/20152,900,0000.49456,345RENAULT CI BANQUE 2.125% 24/11/2014450,0000.65615,288RENAULT CI BANQUE 4% 02/12/2013600,0000.70661,326RENAULT CI BANQUE 5.625% 05/10/2015600,0001.111,039,300REXEL 8.25% 15/12/2016950,0001.861,753,375TEREOS EUROPE 6.375% 15/04/20141,660,0000.67627,240WENDEL INVESTISSEMEN 4.875% 04/11/2014600,000

7.386,936,083Alemanha

3.323,121,170DEGUSSA AG 5.125% 10/12/20133,000,0000.79745,517DEUTSCHE LUFTHANSA 6.75% 24/03/2014700,0000.84792,704FRANZ HANIEL UND CIE GMBH 6.75% 23/10/2014730,0001.291,209,450HEIDELBERGCEMENT AG 7.50% 31/10/20141,100,0000.56522,242THYSSENKRUPP AG 4.375% 18/03/2015500,0000.58545,000THYSSENKRUPP AG 8% 18/06/2014500,000

1.441,355,166Irlanda

0.46431,800ARDAGH GLASS FINANCE PLC 9.25% 01/07/2016400,0000.98923,366FGA CAPITAL IRELAND PLC 5.25% 28/02/2014900,000

0.88828,000Libéria

0.88828,000ROYAL CARIBBEAN CRUISES LTD 5.625%27/01/2014

800,000


0.35332,798CLARIANT FINANCE 5.625% 24/01/2017300,0000.67634,500FIAT FINANCE AND TRADE LTD 5.25% 11/03/2015600,0001.481,380,652FIAT FINANCE AND TRADE LTD 7.75% 17/10/20161,300,0001.181,114,035LECTA SA FRN 15/05/20181,131,0000.63588,700WIND ACQUISITION FINANCE SA 7.375% 15/02/2018580,000


0.86809,678CONTI GUMMI FINANCE BV 8.50% 15/07/2015750,0000.58547,000GMAC INTERNATIONAL FINANCE BV 7.50%

21/04/2015500,000

0.56523,649NXP BV FRN 15/10/20131,400,0000.90851,012PHOENIX PIB FINANCE 9.625% 15/07/2014775,0000.73683,880SCHAEFFLER FINANCE BV 7.75% 15/02/2017615,0000.59557,185ZIGGO 6.125% 15/11/2017520,000

1.201,132,362Portugal

1.201,132,362CAIXA GERAL DE DEPOSITOS 5.625% 04/12/20151,100,000

0.82768,000África do Sul

0.82768,000EDCON (PROPRIETARY) LTD FRN 15/06/2014800,000

2.822,651,775Espanha

0.46429,200CAMPOFRIO ALIMENTACI 8.25% 31/10/2016400,0001.791,685,700GAS NATURAL CAPITAL MARKETS SA 5.625%

09/02/20171,500,000

0.57536,875OBRASCON HUARTE LAIN SA 7.375% 28/04/2015500,000


1.561,468,122FCE BANK PLC 4.825% 15/02/20171,100,0001.421,330,958FCE BANK PLC 5.125% 16/11/20151,000,0001.641,547,865FCE BANK PLC 7.25% 15/07/20131,500,0000.57536,500INEOS VINYLS FINANCE PLC 9.25% 15/05/2015500,0000.35327,056INFINIS 9.125% 15/12/2014262,000


1.261,182,500HERTZ CORP 8.50% 31/07/20151,100,000



8.528,007,686AMUNDI TRESO 3 MOIS8


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Absolute Volatility Arbitrage

131





8.7213,198,642Acções

3.785,720,124França

0.731,097,828AIR LIQUIDE11,5500.0090ALSTOM30.941,418,054BOUYGUES63,3060.11163,583PEUGEOT SA29,9000.10154,950SCHNEIDER ELECTRIC SA2,8260.65989,684TOTAL25,3701.251,895,918VINCI SA52,7230.0017VIVENDI1

0.40610,456Alemanha

0.004,684DEUTSCHE TELEKOM AG-NOM5450.20304,920K+S AG NOM.8,7120.20300,852SIEMENS AG-NOM3,660


0.00665KONINKLIJKE KPN NV1790.30459,038ROYAL PHILIPS ELECTRONICS NV23,073

0.45680,845Espanha

0.45680,845TELEFONICA SA66,815

0.971,460,181Suíça

0.971,460,181HOLCIM LTD-NOM26,340


1.512,279,600ROYAL DUTCH SHELL PLC-A87,134


0.21323,441APPLE INC8000.13195,155BAKER HUGHES INC6,3000.53807,618GOOGLE INC-A1,5010.44661,519HOME DEPOT INC14,101

48.2672,998,391Obrigações37.6956,999,999França

4.306,500,000BANQUE FEDERATIVE DU CREDIT MUTUEL VAR04/02/2013

6,500,000


6,000,000

4.647,000,000BNP PARIBAS VAR 08/05/20137,000,0006.629,999,999BPCE SA VAR 13/05/201310,000,0003.976,000,000CREDIT AGRICOLE SA VAR 04/02/20136,000,0003.305,000,000CREDIT AGRICOLE SA VAR 13/03/20135,000,0002.644,000,000NATIXIS VAR 13/02/20134,000,0001.983,000,000NATIXIS VAR 13/03/20133,000,0002.974,500,000SOCIETE GENERALE VAR 02/04/20134,500,0003.305,000,000SOCIETE GENERALE VAR 03/06/20135,000,000


2.643,998,392ABN AMRO BANK NV 0% 04/03/20134,000,0005.959,000,000RABOBANK NEDERLAND VAR 22/02/20139,000,0001.983,000,000RABOBANK NEDERLAND VAR 22/02/20133,000,000


0.10153,975Chipre


11.6717,646,558Alemanha

11.6717,646,558KREDITANSTALT WIEDER KFW 3.25% 27/06/2013 CV17,400,000





8.4112,729,169Opções

0.38575,121França

0.0577,121AIR LIQUIDE - 96.00 - 15.03.13 PUT1900.0111,700SCHNEIDER ELECTR SA - 44.00 - 15.03.13 PUT3000.14223,590SCHNEIDER ELECTR SA - 48.00 - 15.03.13 CALL2900.0455,440TOTAL SA - 38.00 - 15.03.13 CALL2800.14207,270TOTAL SA - 42.00 - 15.03.13 PUT630

1.322,004,084Alemanha

0.29441,490EURO STOXX 50 EUR - 2,100 - 20.12.13 PUT5300.11161,700EURO STOXX 50 EUR - 2,200 - 21.06.13 PUT3500.60925,584EURO STOXX 50 EUR - 2,500 - 21.06.13 CALL5280.0693,810EURO STOXX 50 EUR - 2,650 - 18.01.13 CALL354-0.01-18,900EURO BUND FUTURE - 144.00 - 25.01.13 PUT900.0456,000K & S AG - 36.00 - 15.03.13 PUT2800.0112,320K & S AG - 38.00 - 15.03.13 CALL2800.0231,140ROY.PHILIPS ELECTR - 20.00 - 21.06.13 PUT1800.10151,900SIEMENS AG-NOM - 80.00 - 20.09.13 CALL3100.10149,040SIEMENS AG-NOM - 80.00 - 20.09.13 PUT270

0.0232,400Espanha

0.0232,400TELEFONICA SA - 10.00 - 15.03.13 PUT900


0.11173,665APPLE INC - 550.00 - 18.01.14 CALL360.0350,516BAKER HUGHES INC - 40.00 - 20.07.13 PUT1800.0228,193GOOGLE INC-A - 680.00 - 16.03.13 PUT180.0225,667GOOGLE INC-A - 710.00 - 19.01.13 PUT180.004,813HOME DEPOT INC - 57.50 - 19.01.13 PUT2700.0458,469HOME DEPOT INC - 60.00 - 18.05.13 PUT2700.33492,187S&P 500 INDEX - 1,425 - 22.06.13 PUT90

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Absolute Volatility Arbitrage

132



0.0343,329Suíça

0.0343,329HOLCIM LTD-NOM - 62.00 - 15.03.13 PUT630-3.79-5,727,723Posições curtas


-3.79-5,727,723Opções

-1.05-1,592,672França

-0.02-30,096AIR LIQUIDE - 87.27 - 15.03.13 PUT-285-0.01-18,183AIR LIQUIDE - 90.91 - 15.03.13 PUT-95-0.04-57,893AIR LIQUIDE - 96.00 - 15.03.13 CALL-190-0.22-330,880BOUYGUES - 19.00 - 15.03.13 CALL-880-0.03-50,960BOUYGUES - 20.00 - 15.03.13 PUT-910-0.01-8,640BOUYGUES - 21.00 - 18.01.13 PUT-360-0.10-152,880BOUYGUES - 22.00 - 15.03.13 CALL-910

0.00-3,400SCHNEIDER ELECTR SA - 40.00 - 15.03.13 PUT-200-0.22-337,200SCHNEIDER ELECTR SA - 44.00 - 15.03.13 CALL-300-0.03-49,680SCHNEIDER ELECTR SA - 46.00 - 21.06.13 PUT-270-0.02-24,080SCHNEIDER ELECTR SA - 48.00 - 15.03.13 PUT-280-0.10-151,470SCHNEIDER ELECTR SA - 52.00 - 21.06.13 CALL-270-0.07-105,570SCHNEIDER ELECTR SA - 52.00 - 21.06.13 PUT-270-0.02-25,850TOTAL SA - 36.00 - 15.03.13 PUT-550-0.02-23,750TOTAL SA - 38.00 - 15.03.13 PUT-250-0.01-19,200TOTAL SA - 42.00 - 15.03.13 CALL-600-0.13-202,940VINCI SA - 34.00 - 15.03.13 CALL-730

-0.68-1,024,829Alemanha

-0.11-161,700EURO STOXX 50 EUR - 2,400 - 15.03.13 PUT-525-0.02-33,390EURO STOXX 50 EUR - 2,500 - 18.01.13 PUT-265-0.02-23,895EURO STOXX 50 EUR - 2,750 - 18.01.13 CALL-531-0.37-561,270EURO STOXX 50 EUR - 2,800 - 20.12.13 CALL-530-0.14-206,414EURO STOXX 50 EUR - 2,800 - 21.06.13 CALL-4420.007,200EURO BUND FUTURE - 142.00 - 25.01.13 PUT-900.0110,800EURO BUND FUTURE - 143.00 - 25.01.13 PUT-90-0.01-18,900EURO BUND FUTURE - 147.00 - 25.01.13 CALL-900.00-EURO BUND FUTURE - 148.00 - 25.01.13 CALL-90-0.02-37,260SIEMENS AG-NOM - 90.00 - 20.09.13 CALL-270

0.00-1,925Países Baixos

0.00-1,925KONINKLIJKE KPN NV - 7.20 - 15.03.13 CALL-1,925

-1.56-2,349,304Singapura

-0.48-723,779NIKKEI 225 SIMEX FUT - 11,000 - 13.12.13 CALL-285-0.18-275,844NIKKEI 225 SIMEX FUT - 11,000 - 14.06.13 CALL-190-0.80-1,208,930NIKKEI 225 SIMEX FUT - 12,000 - 13.12.13 CALL-875-0.09-131,584NIKKEI 225 SIMEX FUT - 12,000 - 14.06.13 CALL-250-0.01-9,167NIKKEI 225 SIMEX FUT - 7,000 - 14.06.13 PUT-190

-0.01-15,300Espanha

-0.01-15,300TELEFONICA SA - 11.00 - 15.03.13 CALL-900


-0.08-113,592APPLE INC - 610.00 - 18.01.14 CALL-36-0.05-75,023APPLE INC - 670.00 - 18.01.14 CALL-36-0.01-21,094BAKER HUGHES INC - 35.00 - 20.04.13 PUT-270-0.01-9,421BAKER HUGHES INC - 47.00 - 20.04.13 CALL-1800.00-3,789GOOGLE INC-A - 630.00 - 19.01.13 PUT-270.00-2,253HOME DEPOT INC - 55.00 - 19.01.13 PUT-270-0.11-166,566S&P 500 INDEX - 1,250 - 22.06.13 PUT-90-0.11-177,881S&P 500 INDEX - 1,500 - 21.12.13 CALL-44-0.12-174,074S&P 500 INDEX - 1,500 - 22.06.13 CALL-90



0.001,425KONINKLIJKE KPN NV - 8.00 - 15.03.13 CALL1,4250.0339,360ROYAL DUTCH SHELL - 26.00 - 15.03.13 PUT4800.08116,270ROYAL DUTCH SHELL - 27.00 - 15.03.13 PUT7700.00960ROYAL DUTCH SHELL - 30.00 - 15.03.13 CALL4800.0236,450ROY.PHILIPS ELECTR - 18.00 - 21.06.13 PUT4500.0229,430ROY.PHILIPS ELECTR - 20.00 - 21.06.13 CALL270


5.157,791,628NIKKEI 225 SIMEX FUT - 9,000 - 13.12.13 CALL1,0650.721,093,530NIKKEI 225 SIMEX FUT - 9,000 - 14.06.13 CALL1650.09131,672NIKKEI 225 SIMEX FUT - 9,000 - 14.06.13 PUT190

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Absolute Volatility Arbitrage Plus

133





14.2618,202,852Acções

6.187,878,249França

1.041,328,894AIR LIQUIDE13,9810.00121ALSTOM41.712,177,997BOUYGUES97,2320.0562,917PEUGEOT SA11,5000.08100,339SCHNEIDER ELECTRIC SA1,8301.141,454,956TOTAL37,2972.162,753,025VINCI SA76,558

0.72921,002Alemanha

0.005,587DEUTSCHE TELEKOM AG-NOM6500.29370,265K+S AG NOM.10,5790.43545,150SIEMENS AG-NOM6,632


0.00784KONINKLIJKE KPN NV2110.55698,832ROYAL PHILIPS ELECTRONICS NV35,126

0.76971,922Espanha

0.76971,922TELEFONICA SA95,380

1.652,110,388Suíça

1.652,110,388HOLCIM LTD-NOM38,069


2.092,671,529ROYAL DUTCH SHELL PLC-A102,850


0.39497,290APPLE INC1,2300.25319,063BAKER HUGHES INC10,3000.921,176,722GOOGLE INC-A2,1870.75957,071HOME DEPOT INC20,401


17.2422,000,000França


4,000,000


1,000,000

5.497,000,000BNP PARIBAS VAR 08/05/20137,000,0001.572,000,000NATIXIS VAR 13/02/20132,000,0002.353,000,000NATIXIS VAR 13/03/20133,000,0000.781,000,000SOCIETE GENERALE VAR 02/04/20131,000,0003.144,000,000SOCIETE GENERALE VAR 02/04/20134,000,000


4.756,067,032USA T-BILLS 0% 14/03/20138,000,000


0.24307,949Chipre


10.3313,184,210Alemanha

10.3313,184,210KREDITANSTALT WIEDER KFW 3.25% 27/06/2013 CV13,000,000





13.8617,687,831Opções

0.58741,687França

0.0793,357AIR LIQUIDE - 96.00 - 15.03.13 PUT2300.0112,870SCHNEIDER ELECTR SA - 44.00 - 15.03.13 PUT3300.21262,140SCHNEIDER ELECTR SA - 48.00 - 15.03.13 CALL3400.0677,220TOTAL SA - 38.00 - 15.03.13 CALL3900.23296,100TOTAL SA - 42.00 - 15.03.13 PUT900

2.533,233,898Alemanha

0.55699,720EURO STOXX 50 EUR - 2,100 - 20.12.13 PUT8400.24304,920EURO STOXX 50 EUR - 2,200 - 21.06.13 PUT6601.141,465,508EURO STOXX 50 EUR - 2,500 - 21.06.13 CALL8360.13164,300EURO STOXX 50 EUR - 2,650 - 18.01.13 CALL620-0.02-27,300EURO BUND FUTURE - 144.00 - 25.01.13 PUT1300.0568,000K & S AG - 36.00 - 15.03.13 PUT3400.0114,960K & S AG - 38.00 - 15.03.13 CALL3400.0338,110ROY.PHILIPS ELECTR - 20.00 - 21.06.13 CALL3700.0448,440ROY.PHILIPS ELECTR - 20.00 - 21.06.13 PUT2800.18225,400SIEMENS AG-NOM - 80.00 - 20.09.13 CALL4600.18231,840SIEMENS AG-NOM - 80.00 - 20.09.13 PUT420


0.001,700KONINKLIJKE KPN NV - 8.00 - 15.03.13 CALL1,7000.0446,330ROYAL DUTCH SHELL - 26.00 - 15.03.13 PUT5650.11137,410ROYAL DUTCH SHELL - 27.00 - 15.03.13 PUT9100.001,130ROYAL DUTCH SHELL - 30.00 - 15.03.13 CALL5650.0452,650ROY.PHILIPS ELECTR - 18.00 - 21.06.13 PUT650

0.0446,260Espanha

0.0446,260TELEFONICA SA - 10.00 - 15.03.13 PUT1,285


0.21270,145APPLE INC - 550.00 - 18.01.14 CALL560.0681,387BAKER HUGHES INC - 40.00 - 20.07.13 PUT2900.0340,724GOOGLE INC-A - 680.00 - 16.03.13 PUT260.0337,075GOOGLE INC-A - 710.00 - 19.01.13 PUT260.016,952HOME DEPOT INC - 57.50 - 19.01.13 PUT3900.0784,455HOME DEPOT INC - 60.00 - 18.05.13 PUT3900.39503,125S&P 500 INDEX - 1,425 - 22.06.13 PUT92

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Absolute Volatility Arbitrage Plus

134



0.0562,587Suíça

0.0562,587HOLCIM LTD-NOM - 62.00 - 15.03.13 PUT910



-6.28-8,014,517Opções

-1.69-2,155,734França

-0.03-36,432AIR LIQUIDE - 87.27 - 15.03.13 PUT-345-0.02-22,011AIR LIQUIDE - 90.91 - 15.03.13 PUT-115-0.05-70,081AIR LIQUIDE - 96.00 - 15.03.13 CALL-230-0.39-488,800BOUYGUES - 19.00 - 15.03.13 CALL-1,300-0.06-76,160BOUYGUES - 20.00 - 15.03.13 PUT-1,360-0.01-13,440BOUYGUES - 21.00 - 18.01.13 PUT-560-0.18-233,520BOUYGUES - 22.00 - 15.03.13 CALL-1,3900.00-3,740SCHNEIDER ELECTR SA - 40.00 - 15.03.13 PUT-220-0.29-370,920SCHNEIDER ELECTR SA - 44.00 - 15.03.13 CALL-330-0.05-69,920SCHNEIDER ELECTR SA - 46.00 - 21.06.13 PUT-380-0.02-29,240SCHNEIDER ELECTR SA - 48.00 - 15.03.13 PUT-340-0.17-218,790SCHNEIDER ELECTR SA - 52.00 - 21.06.13 CALL-390

-0.12-152,490SCHNEIDER ELECTR SA - 52.00 - 21.06.13 PUT-390-0.03-35,720TOTAL SA - 36.00 - 15.03.13 PUT-760-0.02-19,950TOTAL SA - 38.00 - 15.03.13 PUT-210-0.02-19,840TOTAL SA - 42.00 - 15.03.13 CALL-620-0.23-294,680VINCI SA - 34.00 - 15.03.13 CALL-1,060

-1.27-1,624,158Alemanha

-0.23-298,760EURO STOXX 50 EUR - 2,400 - 15.03.13 PUT-970-0.04-57,330EURO STOXX 50 EUR - 2,500 - 18.01.13 PUT-455-0.03-41,850EURO STOXX 50 EUR - 2,750 - 18.01.13 CALL-930-0.70-889,560EURO STOXX 50 EUR - 2,800 - 20.12.13 CALL-840-0.22-277,398EURO STOXX 50 EUR - 2,800 - 21.06.13 CALL-5940.0110,400EURO BUND FUTURE - 142.00 - 25.01.13 PUT-1300.0115,600EURO BUND FUTURE - 143.00 - 25.01.13 PUT-130-0.02-27,300EURO BUND FUTURE - 147.00 - 25.01.13 CALL-130

-0.11-136,848NIKKEI 225 SIMEX FUT - 12,000 - 14.06.13 CALL-260-0.01-12,062NIKKEI 225 SIMEX FUT - 7,000 - 14.06.13 PUT-250

-0.02-21,845Espanha

-0.02-21,845TELEFONICA SA - 11.00 - 15.03.13 CALL-1,285

-0.80-1,019,270Estados Unidos da América

-0.14-176,699APPLE INC - 610.00 - 18.01.14 CALL-56-0.09-116,702APPLE INC - 670.00 - 18.01.14 CALL-56-0.03-34,375BAKER HUGHES INC - 35.00 - 20.04.13 PUT-440-0.01-15,177BAKER HUGHES INC - 47.00 - 20.04.13 CALL-2900.00-5,473GOOGLE INC-A - 630.00 - 19.01.13 PUT-390.00-3,254HOME DEPOT INC - 55.00 - 19.01.13 PUT-390-0.13-170,267S&P 500 INDEX - 1,250 - 22.06.13 PUT-92-0.26-319,380S&P 500 INDEX - 1,500 - 21.12.13 CALL-79-0.14-177,943S&P 500 INDEX - 1,500 - 22.06.13 CALL-92


0.00-EURO BUND FUTURE - 148.00 - 25.01.13 CALL-130-0.05-57,960SIEMENS AG-NOM - 90.00 - 20.09.13 CALL-420

0.00-2,265Países Baixos

0.00-2,265KONINKLIJKE KPN NV - 7.20 - 15.03.13 CALL-2,265

-2.50-3,191,245Singapura

-0.75-952,341NIKKEI 225 SIMEX FUT - 11,000 - 13.12.13 CALL-375-0.28-362,953NIKKEI 225 SIMEX FUT - 11,000 - 14.06.13 CALL-250-1.35-1,727,041NIKKEI 225 SIMEX FUT - 12,000 - 13.12.13 CALL-1,250

9.6712,340,316Singapura

8.6010,974,121NIKKEI 225 SIMEX FUT - 9,000 - 13.12.13 CALL1,5000.931,192,942NIKKEI 225 SIMEX FUT - 9,000 - 14.06.13 CALL1800.14173,253NIKKEI 225 SIMEX FUT - 9,000 - 14.06.13 PUT250

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Absolute Volatility Euro Equities

135





25.94679,983,400Obrigações23.04603,999,883França


95,000,000

4.73124,000,000BNP PARIBAS VAR 08/05/2013124,000,0003.0580,000,000BPCE SA VAR 13/05/201380,000,0001.3435,000,000CREDIT AGRICOLE SA VAR 04/02/201335,000,0002.4464,000,000CREDIT AGRICOLE SA VAR 13/03/201364,000,0001.9150,000,000NATIXIS VAR 13/02/201350,000,0001.3034,000,000NATIXIS VAR 13/03/201334,000,0000.389,999,883NATIXIS 0% 03/01/201310,000,0002.4865,000,000SOCIETE GENERALE VAR 02/04/201365,000,0001.7947,000,000SOCIETE GENERALE VAR 03/06/201347,000,000


1.5640,983,517ABN AMRO BANK NV 0% 04/03/201341,000,0001.3435,000,000RABOBANK NEDERLAND VAR 22/02/201335,000,000



9.99261,800,270AMUNDI TRESO EONIA C1,198

41.941,099,673,185Instrumentos derivados

41.941,099,673,185Opções41.941,099,673,185Alemanha

0.0020,700EURO STOXX 50 EUR - 1,600 - 21.06.13 PUT3006.38167,290,200EURO STOXX 50 EUR - 2,100 - 21.06.13 CALL34,6500.7419,276,875EURO STOXX 50 EUR - 2,200 - 20.06.14 PUT11,1752.3260,718,000EURO STOXX 50 EUR - 2,200 - 20.12.13 CALL14,0001.4337,488,000EURO STOXX 50 EUR - 2,200 - 20.12.13 PUT35,2006.00157,212,160EURO STOXX 50 EUR - 2,200 - 21.06.13 CALL39,6800.5414,125,800EURO STOXX 50 EUR - 2,300 - 20.12.13 CALL3,9002.8273,952,180EURO STOXX 50 EUR - 2,300 - 20.12.13 PUT54,8202.4864,921,500EURO STOXX 50 EUR - 2,300 - 21.06.13 CALL20,6100.4912,856,690EURO STOXX 50 EUR - 2,300 - 21.06.13 PUT19,8102.4865,125,650EURO STOXX 50 EUR - 2,400 - 20.12.13 CALL21,9502.9978,466,080EURO STOXX 50 EUR - 2,400 - 20.12.13 PUT46,3201.9149,966,630EURO STOXX 50 EUR - 2,400 - 21.06.13 PUT55,0900.8722,763,740EURO STOXX 50 EUR - 2,500 - 20.06.14 CALL8,8306.42168,576,420EURO STOXX 50 EUR - 2,500 - 20.12.13 CALL70,8902.1957,523,360EURO STOXX 50 EUR - 2,500 - 20.12.13 PUT27,3401.8849,389,200EURO STOXX 50 EUR - 2,700 - 21.06.13 PUT21,700

- 8.39-220,058,310Posições curtas

- 8.39-220,058,310Instrumentos derivados

- 8.39-220,058,310Opções- 8.39-220,058,310Alemanha

-0.24-6,418,500EURO STOXX 50 EUR - 1,800 - 20.12.13 PUT-16,500-0.27-7,036,150EURO STOXX 50 EUR - 1,800 - 21.06.13 PUT-58,150-0.74-19,452,960EURO STOXX 50 EUR - 2,000 - 20.12.13 PUT-30,020-0.23-5,962,400EURO STOXX 50 EUR - 2,000 - 21.06.13 PUT-25,700-0.43-11,330,550EURO STOXX 50 EUR - 2,100 - 21.06.13 PUT-34,650-0.37-9,759,750EURO STOXX 50 EUR - 2,200 - 21.06.13 PUT-21,125-2.57-67,540,420EURO STOXX 50 EUR - 2,400 - 21.06.13 CALL-28,060-1.72-44,969,400EURO STOXX 50 EUR - 2,600 - 21.06.13 CALL-37,350-0.18-4,698,680EURO STOXX 50 EUR - 2,700 - 21.06.13 CALL-6,055-1.64-42,889,500EURO STOXX 50 EUR - 2,800 - 20.12.13 CALL-40,500


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-0.09-2,366,800S&P 500 INDEX - 1,250 - 22.06.13 PUT-970-0.04-1,139,050S&P 500 INDEX - 1,350 - 19.01.13 PUT-2,398-0.51-13,104,000S&P 500 INDEX - 1,350 - 22.06.13 PUT-2,880-0.06-1,588,125S&P 500 INDEX - 1,450 - 19.01.13 CALL-1,815-0.20-5,108,400S&P 500 INDEX - 1,450 - 22.06.13 CALL-1,080

Absolute Volatility World Equities

136





29.19754,774,797Obrigações

21.75562,297,600França


75,000,000

3.8398,880,000BNP PARIBAS VAR 08/05/201375,000,0003.0779,104,000BPCE SA VAR 13/05/201360,000,0001.5339,552,000CREDIT AGRICOLE SA VAR 04/02/201330,000,0002.2959,328,000CREDIT AGRICOLE SA VAR 13/03/201345,000,0001.7846,144,000NATIXIS VAR 13/02/201335,000,0001.2732,960,000NATIXIS VAR 13/03/201325,000,0002.3761,305,600SOCIETE GENERALE VAR 02/04/201346,500,0001.7846,144,000SOCIETE GENERALE VAR 03/06/201335,000,000


1.5840,853,969ABN AMRO BANK NV 0% 04/03/201331,000,0001.2231,641,600RABOBANK NEDERLAND VAR 22/02/201324,000,000


4.64119,981,628USA T-BILLS 0% 14/03/2013120,000,000





1.1730,172,743AMUNDI MONEY MARKET SH OV USD30,000

48.701,259,546,664Instrumentos derivados

48.701,259,546,664Opções16.19418,785,653Alemanha

4.92127,432,008EURO STOXX 50 EUR - 2,100 - 21.06.13 CALL20,0200.277,050,144EURO STOXX 50 EUR - 2,200 - 20.06.14 PUT3,1000.338,466,699EURO STOXX 50 EUR - 2,200 - 20.12.13 PUT6,0301.7745,862,337EURO STOXX 50 EUR - 2,200 - 21.06.13 CALL8,7801.6642,906,834EURO STOXX 50 EUR - 2,300 - 20.12.13 PUT24,1250.5814,888,362EURO STOXX 50 EUR - 2,300 - 21.06.13 CALL3,5850.133,337,002EURO STOXX 50 EUR - 2,300 - 21.06.13 PUT3,9000.9925,621,588EURO STOXX 50 EUR - 2,400 - 20.12.13 CALL6,5500.9023,227,044EURO STOXX 50 EUR - 2,400 - 20.12.13 PUT10,4001.0326,510,638EURO STOXX 50 EUR - 2,400 - 21.06.13 PUT22,1702.9175,369,130EURO STOXX 50 EUR - 2,500 - 20.12.13 CALL24,0400.5213,522,829EURO STOXX 50 EUR - 2,500 - 20.12.13 PUT4,8750.184,591,038EURO STOXX 50 EUR - 2,700 - 21.06.13 PUT1,530

14.66379,178,301Singapura

0.4411,415,024NIKKEI 225 SIMEX FUT - 10,500 - 13.12.13 PUT2,0000.277,075,927NIKKEI 225 SIMEX FUT - 8,000 - 13.12.13 PUT6,1800.8622,125,659NIKKEI 225 SIMEX FUT - 8,000 - 14.06.13 CALL1,5851.5239,310,706NIKKEI 225 SIMEX FUT - 8,500 - 13.12.13 CALL3,3004.83125,005,963NIKKEI 225 SIMEX FUT - 9,000 - 13.12.13 CALL12,9600.9624,895,277NIKKEI 225 SIMEX FUT - 9,000 - 13.12.13 PUT11,2704.11106,162,326NIKKEI 225 SIMEX FUT - 9,000 - 14.06.13 CALL12,1500.133,471,925NIKKEI 225 SIMEX FUT - 9,000 - 14.06.13 PUT3,8001.1830,486,326NIKKEI 225 SIMEX FUT - 9,500 - 13.12.13 CALL4,0000.369,229,168NIKKEI 225 SIMEX FUT - 9,500 - 13.12.13 PUT3,000


0.7018,168,100S&P 500 INDEX - 1,250 - 22.06.13 CALL9703.8398,749,700S&P 500 INDEX - 1,300 - 21.12.13 PUT14,3951.5339,545,060S&P 500 INDEX - 1,350 - 22.06.13 CALL3,638

1.6242,021,000S&P 500 INDEX - 1,400 - 21.12.13 CALL4,0603.91100,932,000S&P 500 INDEX - 1,400 - 21.12.13 PUT9,7050.318,094,750S&P 500 INDEX - 1,400 - 22.06.13 CALL1,0751.5941,189,700S&P 500 INDEX - 1,400 - 22.06.13 PUT6,6650.8722,599,000S&P 500 INDEX - 1,450 - 22.06.13 PUT2,7000.6617,082,650S&P 500 INDEX - 1,500 - 21.12.13 CALL3,2052.8373,200,750S&P 500 INDEX - 1,500 - 21.12.13 PUT4,775



-8.02-207,340,530Opções-3.19-82,331,843Alemanha

-0.01-272,909EURO STOXX 50 EUR - 1,600 - 21.06.13 PUT-3,000-0.11-2,795,074EURO STOXX 50 EUR - 1,800 - 20.12.13 PUT-5,450-0.12-3,002,287EURO STOXX 50 EUR - 1,800 - 21.06.13 PUT-18,820-0.22-5,574,459EURO STOXX 50 EUR - 2,000 - 20.12.13 PUT-6,525-0.10-2,630,472EURO STOXX 50 EUR - 2,000 - 21.06.13 PUT-8,600-0.33-8,633,114EURO STOXX 50 EUR - 2,100 - 21.06.13 PUT-20,025-0.02-539,054EURO STOXX 50 EUR - 2,200 - 21.06.13 PUT-885-1.20-30,940,540EURO STOXX 50 EUR - 2,400 - 21.06.13 CALL-9,750-0.06-1,547,670EURO STOXX 50 EUR - 2,600 - 21.06.13 CALL-975-0.39-10,019,007EURO STOXX 50 EUR - 2,700 - 21.06.13 CALL-9,793-0.63-16,377,257EURO STOXX 50 EUR - 2,800 - 20.12.13 CALL-11,730

-2.13-55,125,725Estados Unidos da América

-0.28-7,289,800S&P 500 INDEX - 1,000 - 21.12.13 PUT-4,445-0.03-892,800S&P 500 INDEX - 1,000 - 22.06.13 PUT-1,920-0.60-15,410,850S&P 500 INDEX - 1,100 - 21.12.13 PUT-5,645-0.20-5,177,900S&P 500 INDEX - 1,100 - 22.06.13 PUT-5,690-0.12-3,048,000S&P 500 INDEX - 1,150 - 22.06.13 PUT-2,400

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Absolute Volatility World Equities

137




-2.70-69,882,962Singapura

-0.03-850,055NIKKEI 225 SIMEX FUT - 10,500 - 11.01.13 CALL-1,500-0.69-17,880,068NIKKEI 225 SIMEX FUT - 10,500 - 13.12.13 CALL-4,000-0.91-23,353,525NIKKEI 225 SIMEX FUT - 11,000 - 13.12.13 CALL-6,975-0.34-8,900,423NIKKEI 225 SIMEX FUT - 11,000 - 14.06.13 CALL-4,650-0.26-6,739,722NIKKEI 225 SIMEX FUT - 12,000 - 13.12.13 CALL-3,700-0.30-7,737,235NIKKEI 225 SIMEX FUT - 12,000 - 14.06.13 CALL-11,150-0.02-591,569NIKKEI 225 SIMEX FUT - 7,000 - 14.06.13 PUT-9,300-0.15-3,804,343NIKKEI 225 SIMEX FUT - 8,000 - 14.06.13 PUT-10,7850.00-26,022NIKKEI 225 SIMEX FUT - 9,500 - 11.01.13 PUT-1,500

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Cash EUR

138





83.09799,081,774Obrigações

1.5615,003,769Curaçao

1.5615,003,769SOCIETE GENERALE ACCEPTANCE NV FRN02/09/2013

15,000,000

2.0819,992,308Finlândia

2.0819,992,308POHJOLA BANK 0% 30/01/201320,000,000

47.07452,635,416França


20,000,000


5,000,000


10,000,000


15,000,000


15,000,000

1.5615,000,000BANQUE PALATINE VAR 06/06/201315,000,0002.0820,007,506BANQUE PALATINE VAR 20/03/201320,000,0002.0820,000,485BANQUE POPULAIRE DES ALPES VAR 19/03/201320,000,0001.0410,019,872BANQUE POPULAIRE DU SUD OUEST VAR

29/08/201310,000,000

1.049,972,154BANQUE SOLFEA VAR 17/10/201410,000,0000.524,995,031BNP PARIBAS FRN 03/12/20145,000,0002.0820,000,111BNP PARIBAS FRN 20/12/201320,000,0002.0820,007,328BNP PARIBAS VAR 06/08/201320,000,0002.0820,004,801BNP PARIBAS VAR 25/09/201320,000,0001.0410,018,218BPCE SA FRN 24/06/201310,000,0002.6025,004,451BPCE SA VAR 10/06/201325,000,0001.5615,005,513BPCE SA VAR 19/09/201315,000,0000.313,000,848BPCE SA VAR 21/03/20133,000,0000.525,022,436CAISSE D’EPARGNE ET DE PREVOYANCE

AQUITAINE POITOU CHARENTES VAR 08/09/20145,000,000

1.5514,925,193CFCM 0% 07/01/201415,000,0001.0410,038,326COMPAGNIE FINANCIERE DU CREDIT MUTUEL

NORD EUROPE VAR 13/08/201410,000,000

1.0410,000,000CRCAM BRIE PICARDIE VAR 13/12/201310,000,0002.0820,001,918CRCAM SUD RHONE ALPES VAR 18/02/201320,000,0002.0819,999,052CREDIT AGRICOLE CIB VAR 19/04/201420,000,0001.4613,999,336CREDIT AGRICOLE CIB VAR 20/10/201414,000,0000.525,000,000CREDIT DU NORD SA 0% 18/04/20135,000,0000.949,000,000CREDIT FONCIER DE FRANCE VAR 10/05/20139,000,0002.0820,000,000CREDIT FONCIER DE FRANCE VAR 19/04/201320,000,0000.211,998,121CREDIT MUTUEL ARKEA FRN 10/12/20142,000,000

0.484,599,735CREDIT MUTUEL ARKEA FRN 14/01/20134,600,0001.5615,000,000NATIXIS VAR 06/05/201315,000,0000.524,998,863NATIXIS 0% 04/03/20135,000,0002.6025,000,000SOCIETE GENERALE FRN 01/02/201325,000,0001.5615,000,000SOCIETE GENERALE FRN 04/03/201415,000,000

1.5615,000,580Alemanha

1.5615,000,580DEUTSCHE BANK AG 0% 26/04/201315,000,0002.0820,001,931Irlanda

2.0820,001,931INTESA SANPAOLO BANK IRELAND PLC VAR17/10/2013

20,000,000

4.9447,487,106Itália

1.3012,500,000INTESA SANPAOLO SPA FRN 26/04/201312,500,0002.0820,000,000UNICREDIT SPA VAR 29/12/201420,000,0001.5614,987,106UNICREDIT SPA 0% 18/02/201315,000,000


2.0720,000,000BNP PARIBAS FORTIS FUNDING VAR 16/01/201320,000,0001.049,983,102FORTIS BANK LUXEMBOURG 0% 03/06/201310,000,0002.0819,988,247FORTIS BANK LUXEMBOURG 0% 07/02/201320,000,0001.0410,000,000SOCIETE EUROPEENNE DE BANQUE FRN

28/11/201310,000,000

0.525,000,000SOCIETE EUROPEENNE DE BANQUE VAR17/02/2013

5,000,000

0.737,000,000SOCIETE EUROPEENNE DE BANQUE VAR18/02/2013

7,000,000


0.424,000,042ING BANK NV FRN 08/01/20134,000,0001.0410,001,577ING BANK NV FRN 28/11/201410,000,0002.0820,000,289ING BANK NV VAR 01/02/201320,000,0001.5614,999,308RABOBANK (INTERNATIONAL) NV FRN 14/01/201315,000,0002.0820,001,241RABOBANK NEDERLAND FRN 08/10/201320,000,0001.5615,006,605RABOBANK NEDERLAND FRN 13/03/201315,000,0002.5924,980,198THE ROYAL BANK OF SCOTLAND NV 0% 05/06/201325,000,0002.0819,993,516THE ROYAL BANK OF SCOTLAND NV 0% 24/01/201320,000,000


1.0410,033,995CREDIT AGRICOLE SA LONDON BRANCH VAR13/12/2013

10,000,000

0.313,006,058HSBC BANK PLC FRN 08/04/20133,000,0001.049,983,962LLOYDS TSB BANK PLC 0% 03/05/201310,000,000


0.524,982,524BANK OF AMERICA CORP FRN 09/08/20135,000,000



9.9195,374,536AMUNDI TRESO CORPORATE410


0.001,171AMUNDI MM SH EUR OC D1,1710.05458,078AMUNDI MONEY MARKET FUND SHORT TERM

CLASS OV CAP EUR451


Cash

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Cash USD

139





84.11284,018,794Obrigações

3.8813,112,722Bélgica

3.8813,112,722LVMH FINANCE BELGIQUE SA 0% 07/01/201310,000,000


1.484,997,864POHJOLA BANK 0% 28/01/20135,000,000

27.6293,249,140França

0.892,998,928AGENCE CENTRALE DES ORGANISMES DESECURITE SOCIALE 0% 08/02/2013

3,000,000

2.969,980,367BANQUE FEDERATIVE DU CREDIT MUTUEL 0%18/03/2013

10,000,000

1.484,983,676BNP PARIBAS 0% 14/05/20135,000,0001.565,258,344BPCE SA FRN 07/02/20145,200,0002.076,980,022BPCE SA 0% 10/06/20137,000,0002.969,997,573CAISSE DES DEPOTS ET CONSIGNATIONS 0%

14/01/201310,000,000

1.484,997,348CREDIT MUTUEL OCEAN GESTION 0% 22/01/20135,000,0004.4314,995,408ELECTRICITE DE FRANCE 0% 29/01/201315,000,0002.969,993,080MANAGED AND ENHANCED TAP FUND MAGENTA

0% 27/02/201310,000,000

2.969,997,648MICHELIN 0% 22/01/201310,000,0003.8713,066,746VINCI 0% 10/01/201310,000,000

13.7646,447,478Alemanha

2.969,991,162ALLIANZ SE 0% 28/02/201310,000,0002.969,999,456BADEN-WURTTEMBERGISCHE BANK AG. 0%

07/01/201310,000,000

2.377,989,436BAYERISCHE MOTOREN WERKE AG 0% 20/05/20138,000,0001.485,000,000KFW INTERNATIONAL FINANCE INC FRN 28/11/20145,000,0000.893,000,000KREDITANSTALT WIEDER KFW FRN 25/01/20133,000,0003.1010,467,424RWE AG 0% 11/01/20138,000,000

4.7215,948,951Japão

1.484,997,542BANK OF TOKYO MITSUBISHI UFJ LTD 0%18/03/2013

5,000,000

3.2410,951,409JAPAN 0% 04/02/2013900,000,000


1.474,977,642FORTIS BANK LUXEMBOURG 0% 03/06/20135,000,0001.484,985,343FORTIS BANK LUXEMBOURG 0% 08/04/20135,000,000


1.485,006,632ING BANK NV FRN 15/03/20135,000,0001.484,998,023ROYAL BANK OF SCOTLAND NV 0% 27/06/20135,000,0002.969,995,604TENNET HLD BV 0% 13/02/201310,000,000

9.1430,862,632Suécia

1.484,999,276AKADEMISKA HUS AB 0% 18/01/20135,000,0004.1113,868,322NORDEA BANK AB 0% 28/02/201380,000,0001.484,998,527SKANDINAVISKA ENSKILDA BANKEN 0% 17/01/20135,000,0002.076,996,507SWEDBANK AB 0% 24/01/20137,000,000


3.1010,465,170LEGAL AND GENERAL FINANCE PLC 0% 18/03/20138,000,0002.076,997,380STANDARD CHARTERED BANK 0% 18/01/20137,000,000


2.969,998,368ARABELLA FINANCE LTD 0% 07/01/201310,000,0002.076,988,167AXA FINANCIAL INC 0% 07/05/20137,000,0000.892,988,962AXA FINANCIAL INC 0% 26/03/20133,000,0003.5511,998,716NATIONAL GRID USA 0% 07/01/201312,000,000



9.9633,617,295AMUNDI MONEY MARKET SH OV USD33,425


140


Extracto de Activos Líquidos

Contas:

Equity Global AlphaEquity Euroland ValueNota

31/12/201131/12/201231/12/201131/12/2012USDUSDEUREURPortuguês

26,295,58546,420,461273,319,860180,848,642Activos

23,291,94137,478,249267,187,244180,017,3482Carteira de títulos ao preço de mercado

25,917,58438,150,815308,870,811174,464,512Preço de custo

-2,625,643-672,566-41,683,5675,552,836Lucro/perda não realizados sobre a carteira de títulos

97,7353,400--2Opções ao valor de mercado

303,13030,100--Custo de opções de posições longas

2,326,0415,024,9625,027,021580,730Numerário em bancos e liquidez

----2Vendas com acordos de recompra

----Depósitos a prazo

----Juros a receber

21,84227,708177,45416,634Dividendos a receber

514,751327,732253,789232,348A receber pelos corretores

4,0251,9661261,582A receber pelos subscritores

34,136-2,012-2Apreciação líquida não realizada sobre contratos cambiais a prazo

5,114---2Apreciação líquida não realizada sobre contratos de futuros

----2Apreciação líquida não realizada sobre swaps e CFD

-3,556,444672,214-A receber em operação de câmbio à vista

----Outros activos

1,343,6013,984,2925,256,059611,727Passivo

----2Venda de opções a descoberto ao valor de mercado

----Venda de opções a descoberto ao custo

----Saques a descoberto no banco

----2Acordos de recompra

1,242,879166,062672,044174,625A pagar aos corretores

5,12611,3463,520,8247,207A pagar aos subscritores

-111,347-6232Depreciação líquida não realizada sobre contratos cambiais a prazo

----2Depreciação líquida não realizada sobre contratos de futuros

----2Depreciação líquida não realizada sobre swaps e CFD

83,100121,249325,979350,4234Comissões de gestão acrescidas

-3,558,480670,520-A pagar em operação de câmbio à vista

12,49615,80866,69278,849Outros passivos

24,951,98442,436,169268,063,801180,236,915Valor dos activos líquidos

141


Equity US Relative ValueEquity US GrowthEquity US Concentrated CoreEquity Japan Target

31/12/201131/12/201231/12/201131/12/201231/12/201131/12/201231/12/201131/12/2012USDUSDUSDUSDUSDUSDJPYJPY

413,290,865428,535,52442,108,99522,007,30857,736,288118,578,6091,099,733,8546,846,127,839

410,667,809418,801,67241,933,23521,163,39056,076,694113,469,9791,044,804,0406,125,597,560

439,107,831372,276,81148,377,71119,624,87955,907,05199,961,2441,117,883,6775,693,291,053

-28,440,02246,524,861-6,444,4761,538,511169,64313,508,735-73,079,637432,306,507

--------

--------

-8,041,622141,078813,8031,611,5604,731,43446,008,850616,572,638

--------

--------

--------

445,875419,5689,26814,85026,80754,8302,982,62612,554,837

1,845,0891,041,124----5,932,72122,188,342

87,182231,53880115,2659,170322,3665,6179,739,870

244,910-24,613-12,057--59,474,592

--------

--------

--------

--------

3,466,8412,863,642585,282258,561410,243973,03716,807,929218,222,582

--------

--------

1,040,31718,193-2--40,076-

--------

1,052,565858,060200,517---1,914,743196,062,887

144,505250,292100,86226,96699,653317,07754,287194,596

-444,430-19,279-62,4051,933,049-

--------

--------

1,089,7921,136,525164,537105,527218,191438,4024,331,53119,398,301

--195198----

139,662156,142119,171106,58992,399155,1538,534,2432,566,798

409,824,024425,671,88241,523,71321,748,74757,326,045117,605,5721,082,925,9256,627,905,257


142


Equity Japan ValueEquity Global SelectNota

31/12/201131/12/201231/12/201131/12/2012JPYJPYUSDUSDPortuguês

4,030,724,9588,128,889,712145,803,899172,031,673Activos

3,890,176,0207,529,682,320144,988,365168,294,150Carteira de títulos ao preço de mercado

4,556,516,1816,767,195,170146,202,754154,293,003Preço de custo

-666,340,161762,487,150-1,214,38914,001,147Lucro/perda não realizados sobre a carteira de títulos

----Opções ao valor de mercado

----Custo de opções de posições longas

134,487,555102,909,383558,632213,658Numerário em bancos e liquidez

----Vendas com acordos de recompra


----Juros a receber

4,102,9288,002,325159,34995,753Dividendos a receber

-292,949,920-2,281,756A receber pelos corretores

1,958,455195,345,7642,25937,647A receber pelos subscritores

----Apreciação líquida não realizada sobre contratos cambiais a prazo

--95,294116,882Apreciação líquida não realizada sobre contratos de futuros

----Apreciação líquida não realizada sobre swaps e CFD

---991,827A receber em operação de câmbio à vista

----Outros activos

17,544,721461,964,2024,691,5154,941,350Passivo

----Venda de opções a descoberto ao valor de mercado


-281,117,631-Saques a descoberto no banco

----Acordos de recompra

-430,254,9082,926,9532,985,712A pagar aos corretores

2,409,85213,088,14995,874314,103A pagar aos subscritores

----Depreciação líquida não realizada sobre contratos cambiais a prazo

----Depreciação líquida não realizada sobre contratos de futuros

----Depreciação líquida não realizada sobre swaps e CFD

13,364,64315,939,559473,592539,691Comissões de gestão acrescidas

---992,265A pagar em operação de câmbio à vista

1,770,2262,681,55877,465109,579Outros passivos

4,013,180,2377,666,925,510141,112,384167,090,323Valor dos activos líquidos

2

2

2

2

2

2

2

2

2

2

2

4

143


Equity Global Gold MinesEquity Euroland Small CapEquity Europe SelectEquity Euro Select

31/12/201131/12/201231/12/201131/12/201231/12/201131/12/201231/12/201131/12/2012USDUSDEUREUREUREUREUREUR

190,438,342118,001,713111,163,489148,740,66890,092,352128,976,65188,345,000119,104,631

186,398,342115,874,636111,093,999145,063,99789,331,999128,153,28087,925,765118,514,981

210,441,225126,143,530122,134,967129,340,68695,548,286115,970,57598,839,152110,219,398

-24,042,883-10,268,894-11,040,96815,723,311-6,216,28712,182,705-10,913,3878,295,583

--------

--------

2,787,4351,122,6571,1841,448,661386,421536,876218,916474,674

--------

--------

--------

113,571107,11263,92033,180231,367259,52688,83732,556

1,113,635-------

24,117323,5734,3862,194,83023,02526,9692282,420

1,242-------

----119,540-111,460-

--------

-573,735------

--------

2,014,0802,067,1163,979,6366,362,035796,6122,914,040487,335503,313

--------

--------

--40,862-32,768---

--------

-545,742-3,701,447-2,435,358--

1,372,647191,4552,284,1201,959,224516,93279,003228,60848,744

-2,451------

-----43,000-83,260

--------

562,859512,602290,187265,796217,560283,080212,325266,533

-574,590------

78,574240,2761,364,467435,56829,35273,59946,402104,776

188,424,262115,934,597107,183,853142,378,63389,295,740126,062,61187,857,665118,601,318


144


Equity Global AgricultureEquity Global Luxury and LifestyleNota

31/12/201131/12/201231/12/201131/12/2012USDUSDUSDUSDPortuguês

177,377,165172,590,06135,900,068100,291,550Activos


172,271,312160,808,96639,083,18289,307,215Preço de custo







----Juros a receber

351,307522,23326,78580,183Dividendos a receber

2,922,799---A receber pelos corretores

482,70457,7306,843421,137A receber pelos subscritores

89,513---Apreciação líquida não realizada sobre contratos cambiais a prazo

----Apreciação líquida não realizada sobre contratos de futuros


3,348,65219,776-287,689A receber em operação de câmbio à vista

----Outros activos

4,479,2141,048,465222,6811,901,564Passivo



---135,893Saques a descoberto no banco


397,308---A pagar aos corretores

51,652113,17739,673252,162A pagar aos subscritores

-188,275-2,544Depreciação líquida não realizada sobre contratos cambiais a prazo

---712,024Depreciação líquida não realizada sobre contratos de futuros



3,359,76619,826-289,145A pagar em operação de câmbio à vista

62,180143,50360,312117,798Outros passivos


2

2

2

2

2

2

2

2

2

2

2

4

145


Equity Asia ex JapanEquity ASEANEquity Europe RestructuringEquity Global Resources

31/12/201131/12/201231/12/201131/12/201231/12/201131/12/201231/12/201131/12/2012USDUSDUSDUSDEUREURUSDUSD

345,542,131294,402,792187,471,174212,793,76635,176,93322,993,095114,255,58069,312,442

339,724,816286,503,198185,176,266207,980,29734,464,04922,890,015109,407,42568,234,980

369,459,263247,878,431185,903,387177,174,64237,513,69821,827,811113,124,74965,927,196

-29,734,44738,624,767-727,12130,805,655-3,049,6491,062,204-3,717,3242,307,784

--------

--------

3,207,7952,179,9431,490,2091,837,975204,75262,1232,247,778862,391

--------

--------

--------

484,657101,217243,87721,07025,97618,063188,236100,024

1,032,9753,240,449502,8692,333,012287,843-1,317,011-

59,83144,78057,953621,412-31413,32416,167

----128,46822,58060-

--------

--------

1,032,0572,273,949--65,845-1,081,74698,880

-59,256------

3,942,9237,298,9541,274,2682,795,743689,429102,3654,128,796949,972

--------

--------

385,62182,1821,874---19,573-

--------

-3,447,240-1,616,072141,326-354,4006,833

152,064359,256341,967525,710391,15715,6842,277,808503,936

-------427

--------

--------

1,155,632993,246463,878557,52471,72850,337344,359287,183

754,3982,273,729383,089-65,663-1,087,78498,853

1,495,208143,30183,46096,43719,55536,34444,87252,740

341,599,208287,103,838186,196,906209,998,02334,487,50422,890,730110,126,78468,362,470


146


Equity Emerging EuropeEquity BrazilNota

31/12/201131/12/201231/12/201131/12/2012EUREURUSDUSDPortuguês

54,251,65249,943,045129,602,584173,225,116Activos


55,149,56543,471,382138,028,955154,669,164Preço de custo







----Juros a receber

50,100118,725688,9291,536,529Dividendos a receber

441,664-27,25311,563,979A receber pelos corretores

13,31847,3421,329,793390,868A receber pelos subscritores




425,456--142,411A receber em operação de câmbio à vista

---79,373Outros activos

976,754387,2131,121,05813,169,310Passivo





92,373--361,411A pagar aos corretores



50,21818,584--Depreciação líquida não realizada sobre contratos de futuros



423,680--142,244A pagar em operação de câmbio à vista

32,76242,42971,187152,119Outros passivos


2

2

2

2

2

2

2

2

2

2

2

4

147


Equity Greater ChinaEquity MENAEquity Emerging WorldEquity Emerging Internal Demand

31/12/201131/12/201231/12/201131/12/201231/12/201131/12/201231/12/201131/12/2012USDUSDUSDUSDUSDUSDUSDUSD

528,945,941702,565,26828,180,26324,575,942954,675,2941,165,133,013271,745,803308,163,733

517,949,488679,606,44625,727,99521,602,038946,843,6091,146,096,965268,209,194296,670,940

586,770,299627,071,96225,575,25821,085,5791,043,252,4491,054,735,117289,977,176267,078,614

-68,820,81152,534,484152,737516,459-96,408,84091,361,848-21,767,98229,592,326

--------

--------

5,587,2211,309,8071,824,9872,909,6013,340,74012,848,6431,607,1078,134,061

--------

--------

--------

519,91963,92264,29664,3031,126,4861,750,107347,857520,107

4,701,5656,927,115200,591-3,034,1091,835,5311,437,5541,198,518

187,7488,500,447300,000-330,3501,112,382143,0731,334,737

--14,880---1,018-

--------

--------

-6,157,53145,085--1,363,260-284,252

--2,429--126,125-21,118

3,152,17920,440,8862,055,2391,252,7579,022,89210,234,4981,373,5543,461,221

--------

--------

453,473-211,090368,7071,044,730501,78827431,122

--------

-10,043,2101,705,954821,5942,180,5353,232,455136,264783,021

681,5061,799,23722,661-824,552815,994142,035723,465

---3,651-544,416-157,984

--------

--------

1,752,6942,073,22757,59024,9732,790,0323,087,953962,775896,081

-6,156,94644,766--1,361,740-285,230

264,506368,26613,17833,8322,183,043690,152132,453184,318

525,793,762682,124,38226,125,02423,323,185945,652,4021,154,898,515270,372,249304,702,512


148


Equity India SelectEquity IndiaNota


-82,462,645527,684,366580,514,142Activos

-81,122,397520,100,434578,119,117Carteira de títulos ao preço de mercado

-68,559,001571,546,559431,907,316Preço de custo

-12,563,396-51,446,125146,211,801Lucro/perda não realizados sobre a carteira de títulos



-993,3415,081,603870,027Numerário em bancos e liquidez



----Juros a receber

-39,0286,214-Dividendos a receber

--2,250,2191,282,468A receber pelos corretores

-10,759235,800232,277A receber pelos subscritores




--10,09610,253A receber em operação de câmbio à vista

-297,120--Outros activos

-361,8897,224,2063,612,656Passivo



-9,9764,888,6369,995Saques a descoberto no banco


----A pagar aos corretores

-10,5231,169,2472,375,462A pagar aos subscritores




-243,899960,013994,614Comissões de gestão acrescidas

----A pagar em operação de câmbio à vista

-97,491206,310232,585Outros passivos

-82,100,756520,460,160576,901,486Valor dos activos líquidos

2

2

2

2

2

2

2

2

2

2

2

4

149


Equity ThailandEquity Latin AmericaEquity KoreaEquity India Infrastructure


72,286,705126,205,3761,628,696,6471,171,942,61196,464,78285,968,66035,967,23544,723,865

71,072,116120,542,8301,617,024,4411,152,347,20094,076,99982,560,61835,631,57344,619,094

67,369,032101,838,2191,564,938,7491,003,465,16592,698,60975,785,72752,885,60446,598,979

3,703,08418,704,61152,085,692148,882,0351,378,3906,774,891-17,254,031-1,979,885

--------

--------

1,056,8342,453,8182,195,3063,534,0342,347,2722,558,166283,85131,017

--------

--------

--------

15,226-8,573,8877,400,974-12,209--

-2,576,552298,9087,516,035-586,078-61,660

142,529632,176568,734564,51840,511251,58951,81112,094

--------

--------

--------

--19,375178,792----

--15,996401,058----

563,0514,081,5958,371,84510,592,1101,442,9131,415,405229,975255,064

--------

--------

15,416-------

--------

-2,953,059820,5424,348,806140,591678,351--

254,058622,0852,184,2651,786,905133,927473,06998,61779,302

--------

--------

--------

259,229412,4884,711,6783,526,846270,886229,788114,660111,520

--19,472179,347----

34,34893,963635,888750,206897,50934,19716,69864,242

71,723,654122,123,7811,620,324,8021,161,350,50195,021,86984,553,25535,737,26044,468,801


150


Equity Europe Minimum VarianceEquity Global AquaNota

31/12/201131/12/201231/12/201131/12/2012EUREUREUREURPortuguês

-63,154,85728,597,80331,378,601Activos

-63,026,07728,180,72431,155,265Carteira de títulos ao preço de mercado

-60,783,43428,644,53728,374,348Preço de custo

-2,242,643-463,8132,780,917Lucro/perda não realizados sobre a carteira de títulos



-49,202138,38845,352Numerário em bancos e liquidez



----Juros a receber

-79,57891,42580,154Dividendos a receber

--90,045-A receber pelos corretores

--7,17697,830A receber pelos subscritores




--90,045-A receber em operação de câmbio à vista

----Outros activos

-184,401312,987165,953Passivo






--83,3638,978A pagar aos subscritores




-86,274127,416139,772Comissões de gestão acrescidas

--89,666-A pagar em operação de câmbio à vista

-98,12712,54217,203Outros passivos

-62,970,45628,284,81631,212,648Valor dos activos líquidos

2

2

2

2

2

2

2

2

2

2

2

4

151


Bond Global CorporateConvertible GlobalConvertible EuropeEquity Global Minimum Variance

31/12/201131/12/201231/12/201131/12/201231/12/201131/12/201231/12/201131/12/2012USDUSDEUREUREUREURUSDUSD

52,310,149257,558,45016,420,60419,520,09353,300,976125,982,818-28,008,331

48,136,489247,935,95015,499,29518,394,51549,609,186123,341,552-27,891,192

51,283,943235,366,50415,258,24617,658,61854,366,470118,722,034-28,117,467

-3,147,45412,569,446241,049735,897-4,757,2844,619,518--226,275

--51,54921,96933,47665,908260,854--

--17,96471,56053,886269,087--

3,109,6263,102,745266,294516,8193,065,322775,614-74,932

--------

-2,636,800------

940,2873,545,747102,900113,770560,1001,121,547--

--7,0125,689-47,406-42,207

--416,784-----

48,0392,281106,350-460408,109--

75,708--455,824-27,736--

--------

-386,476------

--------

--------

542,0283,659,031246,980126,293155,266536,721-34,702

---13,678-28,589--

---32,549-36,432--

6,294-------

--------

--------

287,3525,076142,51018,20213,337101,572--

-2,266,40237,840-9,001---

72,338605,8955,78013,08015,230125,430--

76,790-------

64,378296,94054,18365,65593,904193,464-28,188

--------

34,876484,7186,66715,67823,79487,666-6,514

51,768,121253,899,41916,173,62419,393,80053,145,710125,446,097-27,973,629


152


Bond Euro CorporateBond Euro AggregateNota


475,361,3251,176,897,861220,176,352281,574,979Activos

457,956,5631,148,619,280212,027,388274,563,926Carteira de títulos ao preço de mercado

463,882,6111,100,341,657209,922,098263,057,715Preço de custo

-5,926,04848,277,6232,105,29011,506,211Lucro/perda não realizados sobre a carteira de títulos

235,014---Opções ao valor de mercado

409,000---Custo de opções de posições longas

4,852,0226,743,0484,104,1172,344,763Numerário em bancos e liquidez



10,224,17320,087,2653,913,4544,295,890Juros a receber

47,183222,9981,398-Dividendos a receber

----A receber pelos corretores


136,867561,460104,3599,026Apreciação líquida não realizada sobre contratos cambiais a prazo

908,702--210,050Apreciação líquida não realizada sobre contratos de futuros

958,285--36,783Apreciação líquida não realizada sobre swaps e CFD

----A receber em operação de câmbio à vista

----Outros activos

1,979,30236,055,6392,793,14839,401,963Passivo

200,2546,000--Venda de opções a descoberto ao valor de mercado

444,000---Venda de opções a descoberto ao custo


-29,195,500-37,983,700Acordos de recompra


1,122,8383,215,4321,819,149739,128A pagar aos subscritores


-722,450503,276-Depreciação líquida não realizada sobre contratos de futuros

-935,547167,353-Depreciação líquida não realizada sobre swaps e CFD

497,2331,274,315259,857306,168Comissões de gestão acrescidas


158,977706,39543,513372,967Outros passivos

473,382,0231,140,842,222217,383,204242,173,016Valor dos activos líquidos

2

2

2

2

2

2

2

2

2

2

2

4

153


Bond US Opportunistic Core PlusBond Euro High YieldBond Euro InflationBond Euro Government


104,850,670456,146,737373,377,106606,444,207236,569,407189,949,72312,409,972117,910,103

101,500,113422,868,525357,962,226591,131,585206,992,824187,648,08912,099,875115,554,870

102,471,488413,613,259385,158,752556,785,594212,212,360181,036,48512,060,944112,166,960

-971,3759,255,266-27,196,52634,345,991-5,219,5366,611,60438,9313,387,910

--------

--------

1,111,65119,794,916187,407740,88527,614,671860,23292,159318,302

--6,090,000-----

--------

695,8911,433,4637,945,22112,277,4411,598,2891,229,170189,8691,896,957

4,53253,158444,482390,004----

1,090,92011,307,276------

364,014689,39921,3841,904,29272,898105,468-67,973

83,549-68,633-----

----290,725-28,06972,001

-----106,764--

--------

--657,753-----

2,813,46755,228,9361,893,5793,168,93727,059,86433,973,85064,1287,607,965

--------

--------

-803359,816285,985----

-----33,252,550-5,601,050

2,554,25251,849,790--26,090,506--1,349,864

19,626249,40479,4121,509,231323,549152,64039,362457,405

-668,801-112,269185,32015,515--

-----44,696--

---76,674----

176,795711,707732,764907,622384,561260,50320,530133,784

--------

62,7941,748,431721,587277,15675,928247,9464,23665,862

102,037,203400,917,801371,483,527603,275,270209,509,543155,975,87312,345,844110,302,138


154


Bond Global AggregateBond EuropeNota


149,687,979860,964,823102,975,380164,410,670Activos


155,573,703712,723,22395,519,759147,001,181Preço de custo

-20,984,37533,803,222-182,5799,016,513Lucro/perda não realizados sobre a carteira de títulos

1,589,17214,436,16116,2374,390Opções ao valor de mercado

4,292,00312,858,110168,021-Custo de opções de posições longas



5,841,675-4,000,0003,500,000Depósitos a prazo

3,255,7278,706,0442,092,7192,559,499Juros a receber

2,8595,0126,253-Dividendos a receber

----A receber pelos corretores

125,2364,611,75718,701115,973A receber pelos subscritores

111,395-24,873454,089Apreciação líquida não realizada sobre contratos cambiais a prazo

-85,709--Apreciação líquida não realizada sobre contratos de futuros


-72,407,301--A receber em operação de câmbio à vista

----Outros activos

31,256,558173,498,01418,017,48934,374,058Passivo

3,738,30810,778,8324,227-30,760Venda de opções a descoberto ao valor de mercado

2,735,21910,329,843131,311-Venda de opções a descoberto ao custo

255,811360,000108160,000Saques a descoberto no banco

26,086,57172,295,44517,247,08433,321,422Acordos de recompra

-2,188,063--A pagar aos corretores

30,412525,306100,726124,602A pagar aos subscritores

-10,361,343--Depreciação líquida não realizada sobre contratos cambiais a prazo

724,498-121,40524,449Depreciação líquida não realizada sobre contratos de futuros

-1,648,655--Depreciação líquida não realizada sobre swaps e CFD

240,7841,053,889163,726212,155Comissões de gestão acrescidas

-72,318,362--A pagar em operação de câmbio à vista

180,1741,968,119380,213562,190Outros passivos


2

2

2

2

2

2

2

2

2

2

2

4

155


Bond Global EmergingBond Emerging InflationBond Global InflationBond Global


134,612,143268,718,54152,325,955100,014,372198,874,657223,441,256476,598,099571,207,777

94,456,330251,779,00451,477,48597,444,954190,157,000218,355,295450,328,411529,253,378

102,313,387241,584,51655,977,76892,451,785167,777,521193,208,433475,454,935474,958,681

-7,857,05710,194,488-4,500,2834,993,16922,379,47925,146,862-25,126,52454,294,697

985,4422,675,004----78,4842,696

988,5391,975,136----164,700-

7,426,3543,361,600434,9191,842,5054,675,252967,11217,613,1767,704,724

----2,984,314---

-------1,977,600

1,815,8902,910,083266,999657,266746,9481,143,7227,230,6947,174,271

-5--82-156,250156,250

--------

54,191729,2015,78240,320175,950423,984180,262454,934

-606,47219,36229,327-2,407,454--

-65,172--135,111---

-----143,689--

29,873,9366,592,000121,408---1,010,82224,483,924

--------

31,521,8819,268,994236,812159,3452,841,76925,902,834233,287,880135,317,088

907,7301,044,149----17,062-103,600

1,065,3111,146,519----735,434-

-390,00022,2569,752-24,0001,739,920451,337

-----25,070,200215,060,790102,010,015

------9,110,172-

88,032242,271--89,632128,560790,850142,877

546,049---2,372,822-714,1816,056,188

2,734----21,6973,607,230416,614

--------

267,113612,48481,143105,193313,408356,084430,702601,997

29,671,5266,588,102121,817---1,011,56424,477,870

38,697391,98811,59644,40065,907302,293839,5331,263,790

103,090,262259,449,54752,089,14399,855,027196,032,888197,538,422243,310,219435,890,689


156


Multi Asset Emerging MarketsBond Global Emerging CorporateNota


-87,477,054-140,701,534Activos

-83,242,318-137,654,038Carteira de títulos ao preço de mercado

-78,938,688-131,778,840Preço de custo

-4,303,630-5,875,198Lucro/perda não realizados sobre a carteira de títulos



-3,655,051-983,803Numerário em bancos e liquidez



-435,851-1,830,209Juros a receber

-78,377-65,300Dividendos a receber

-15,495--A receber pelos corretores

---107,059A receber pelos subscritores


-49,962-61,125Apreciação líquida não realizada sobre contratos de futuros



----Outros activos

-595,226-592,861Passivo



-285,923--Saques a descoberto no banco


-126,151--A pagar aos corretores

----A pagar aos subscritores

-86,491-78,984Depreciação líquida não realizada sobre contratos cambiais a prazo



-57,572-182,879Comissões de gestão acrescidas


-39,089-330,998Outros passivos

-86,881,828-140,108,673Valor dos activos líquidos

2

2

2

2

2

2

2

2

2

2

2

4

157


Index Equity PacificIndex Equity North AmericaIndex Equity EuropeIndex Equity Euro

31/12/201131/12/201231/12/201131/12/201231/12/201131/12/201231/12/201131/12/2012EUREUREUREUREUREUREUREUR

109,921,170109,664,260529,115,131551,376,441429,290,101446,182,030242,625,423168,953,497

107,173,727109,058,495524,001,923549,813,380417,979,820443,118,540238,046,499158,998,031

104,696,890100,087,464426,324,244428,569,254381,175,433361,622,115266,264,911146,860,074

2,476,8378,971,03197,677,679121,244,12636,804,38781,496,425-28,218,41212,137,957

--------

--------

218,558420,3543,058,990305,4709,863,1401,809,7344,399,3141,172,787

--------

--------

--------

137,246126,455805,814882,666956,435635,12081,6854,544

2,341,274-1,227,937--614,355-1,935,623

2,366-20,467372,35020,1504,281-6,842,512

--------

-11,151-2,57530,118-97,925-

--------

47,80547,805--422,674---

194---17,764---

1,607,762199,968968,877772,8117,836,155303,397185,0369,019,322

--------

--------

1,480,94439,857757,085238,602-40,239--

--------

-75,021--7,290,547-118,908118,908

35,072-27,617337,708-77,799-8,830,345

--------

360-20,876--20,285-7,570

--------

24,91325,481122,041145,54597,901109,98449,79535,412

54,72848,361--420,000---

11,74511,24841,25850,95627,70755,09016,33327,087

108,313,408109,464,292528,146,254550,603,630421,453,946445,878,633242,440,387159,934,175


158


Absolute ForexIndex Global Bond (EUR) HedgedNota


341,773,150112,412,127644,036,284531,308,927Activos


334,005,244107,538,053588,758,455479,140,726Preço de custo

389,829119,86441,838,2536,451,005Lucro/perda não realizados sobre a carteira de títulos

1,670,786674,642--Opções ao valor de mercado

1,468,640500,398--Custo de opções de posições longas



-2,000,000--Depósitos a prazo

137,9324,2136,945,0195,264,680Juros a receber

--88,17211,455Dividendos a receber

---14,296,138A receber pelos corretores


-505,949-9,537,782Apreciação líquida não realizada sobre contratos cambiais a prazo

316,038--29,430Apreciação líquida não realizada sobre contratos de futuros


3,090,599---A receber em operação de câmbio à vista

----Outros activos

6,489,3691,312,47514,677,03127,324,855Passivo

686,733542,880--Venda de opções a descoberto ao valor de mercado

1,142,682408,996--Venda de opções a descoberto ao custo

--58,098-Saques a descoberto no banco


---27,002,890A pagar aos corretores


1,201,676-13,585,886-Depreciação líquida não realizada sobre contratos cambiais a prazo


9,896---Depreciação líquida não realizada sobre swaps e CFD


3,066,696---A pagar em operação de câmbio à vista

139,853462,51568,536103,900Outros passivos


2

2

2

2

2

2

2

2

2

2

2

4

159


Absolute High YieldAbsolute Statistical ArbitrageAbsolute VaR 4(EUR)Absolute VaR 2(EUR)


101,506,56995,321,51677,742,96853,331,27880,370,610104,796,48299,802,19064,480,094

85,029,84547,649,66457,039,55949,005,47976,344,50298,382,08693,894,22657,088,961

85,725,90846,116,66357,238,92449,369,48778,850,76796,430,29495,138,15356,008,750

-696,0631,533,001-199,365-364,008-2,506,2651,951,792-1,243,9271,080,211

--9,040--2,382,965196,465649,372

--32,000--4,090,711329,0001,146,867

197,5591,293,9894,411,1682,705,4873,187,6472,139,3452,489,6631,590,916

15,003,95045,170,75110,100,000-----

-------2,000,000

1,263,006969,57742,04740,245597,573685,192717,154457,569

--23,94913,16811,74312,794--

--5,622,4981,499,730----

-21,417344250--59,911700

7,238--57,631-755,594-220,829

---9,288-136,148--

-211,147------

--494,363-----

4,9714,971--229,145302,3582,444,7712,471,747

470,6281,295,1946,897,774350,3191,191,7155,699,6133,437,09510,829,941

-----1,667,128172,179472,811

-----2,403,583395,890709,684

-346,000------

-----3,532,500-7,946,900

9,1699,1695,084,160-----

46,812272,85969,126-81,784115,500114,975590,507

-6,801511,478-168,671-131,241-

12,2992,340122,356-488,681-364,72517,884

166,297-437,183243,739--907-

179,098175,461118,74588,853192,306181,381128,14979,815

--492,842-----

56,953482,56461,88417,727260,273203,1042,524,9191,722,024

101,035,94194,026,32270,845,19452,980,95979,178,89599,096,86996,365,09553,650,153


160


Absolute Volatility Arbitrage PlusAbsolute Volatility ArbitrageNota


49,776,051139,913,246285,346,008160,724,673Activos


39,474,70271,876,646226,448,651119,105,504Preço de custo

151,648-95,392-1,255,337-466,354Lucro/perda não realizados sobre a carteira de títulos

2,904,19717,687,83117,865,86012,729,169Opções ao valor de mercado

3,095,78212,635,19819,067,9789,139,960Custo de opções de posições longas


-32,598,73317,999,6009,999,490Vendas com acordos de recompra


54,706231,1101,023,372346,921Juros a receber

--16,5005,724Dividendos a receber

200,722258,9271,009,257182,316A receber pelos corretores

--243,567134,020A receber pelos subscritores

-1,362,985-1,184,350Apreciação líquida não realizada sobre contratos cambiais a prazo


---146Apreciação líquida não realizada sobre swaps e CFD


----Outros activos

2,276,65112,271,5738,963,3089,432,724Passivo

1,159,3968,014,5176,707,7875,727,723Venda de opções a descoberto ao valor de mercado

1,328,2398,331,5139,084,8325,662,874Venda de opções a descoberto ao custo

973,961419,77142,734-Saques a descoberto no banco


34,904463,758463,976333,534A pagar aos corretores

--680,476869,520A pagar aos subscritores

9,383-151,627-Depreciação líquida não realizada sobre contratos cambiais a prazo

86,3842,778,354169,7622,051,504Depreciação líquida não realizada sobre contratos de futuros

--10,781-Depreciação líquida não realizada sobre swaps e CFD



2,626378,719123,715173,118Outros passivos


2

2

2

2

2

2

2

2

2

2

2

4

161


Cash USDCash EURAbsolute Volatility World Equities

31/12/201131/12/201231/12/201131/12/201231/12/201131/12/2012USDUSDEUREURUSDUSD

337,464,654340,500,1211,257,730,795999,562,2612,118,203,6972,886,653,105

259,315,818317,636,089907,390,072894,915,5591,143,393,783971,126,001

258,931,948317,268,196906,596,824894,268,6021,184,127,165944,567,346

383,870367,893793,248646,957-40,733,38226,558,655

----464,853,7821,259,546,664

----346,370,6011,241,809,725

8,282,626615,536230,295512,770197,024,35676,575,386

-9,999,850334,203,731-296,668,693578,171,401

60,000,00010,000,000-94,000,000--

31,39621,1032,833,7471,121,7011,904,298503,125

-1,204-1,883--

------

3,358,3302,204,62113,072,9509,010,101775,181729,036

-21,718----

----13,512,665-

---247-1,492

6,476,484-----

----70,939-

13,397,8802,833,08427,918,23437,799,151349,233,750300,536,376

----322,483,335207,340,530

----450,753,065298,211,198

--812,024291,4537,270,02741,119,148

------

6,476,484-20,000,000---

323,4382,693,9875,137,26036,556,3881,410,6953,393,287

2,996---5,526,79510,682,535

-----31,054,093

--9,429-40,076-

55,59063,262741,551646,8892,843,4654,669,445

6,441,810-----

97,56275,8351,217,970304,4219,659,3572,277,338

324,066,774337,667,0371,229,812,561961,763,1101,768,969,9472,586,116,729

Absolute Volatility Euro Equities

31/12/201131/12/2012EUREUR

2,131,850,7272,881,636,728

752,815,769941,783,670

752,506,115941,588,729

309,654194,941

672,790,4901,099,673,185

360,313,1201,103,935,910

8,335,17427,107,580

651,521,692790,124,943

--

2,571,826520,527

--

--

2,230,5706,744,148

446,8861,818,768

40,776,10113,500,155

-1,533

362,219362,219

--

387,877,489260,016,895

341,939,456220,058,310

360,323,630269,673,595

27,842,54613,653,690

--

--

5,981,65117,080,435

--

--

38,437-

4,284,2705,872,408

359,623361,739

7,431,5062,990,313

1,743,973,2382,621,619,833


162


Nota

Português

Activos

Carteira de títulos ao preço de mercado

Preço de custo

Lucro/perda não realizados sobre a carteira de títulos

Opções ao valor de mercado

Custo de opções de posições longas

Numerário em bancos e liquidez

Vendas com acordos de recompra

Depósitos a prazo

Juros a receber

Dividendos a receber

A receber pelos corretores

A receber pelos subscritores

Apreciação líquida não realizada sobre contratos cambiais a prazo

Apreciação líquida não realizada sobre contratos de futuros

Apreciação líquida não realizada sobre swaps e CFD

A receber em operação de câmbio à vista

Outros activos

Passivo

Venda de opções a descoberto ao valor de mercado

Venda de opções a descoberto ao custo

Saques a descoberto no banco

Acordos de recompra

A pagar aos corretores

A pagar aos subscritores

Depreciação líquida não realizada sobre contratos cambiais a prazo

Depreciação líquida não realizada sobre contratos de futuros

Depreciação líquida não realizada sobre swaps e CFD

Comissões de gestão acrescidas

A pagar em operação de câmbio à vista

Outros passivos

Valor dos activos líquidos

2

2

2

2

2

2

2

2

2

2

2

4

Consolidado

31/12/201131/12/2012EUREUR

16,595,879,01419,469,889,433

13,497,268,50515,332,011,647

13,793,934,56914,266,197,286

-296,666,0641,065,814,361

1,063,657,7122,102,399,988

664,609,4492,084,969,932

487,626,149267,728,592

1,266,435,1911,324,018,870

54,719,620112,584,949

59,178,68775,011,077

14,143,79113,291,845

29,676,87562,814,450

24,333,27250,056,284

1,627,23520,402,491

53,438,55614,258,154

958,285794,581

39,195,59090,991,032

3,619,5463,525,473

1,227,942,4091,166,360,367

603,812,612402,656,723

725,163,949522,155,692

174,097,84049,005,978

203,009,407308,113,642

83,107,655107,156,522

36,221,45697,127,014

23,897,74424,208,287

5,684,61030,844,592

930,3082,506,457

29,065,68133,665,818

39,074,32690,911,393

29,040,77020,163,941

15,367,936,60518,303,529,066

Dados Financeiros Relativos aos Últimos 3 Anos

164


Equity Euroland ValueAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos EUR 180,236,915 165,081,058 389,673,999

AE ( C )Número de acções 41,628.24 42,488.74 51,157.73Valor do activo líquido por acção EUR 94.07 81.94 101.54

AHK ( C )Número de acções 5,373.80 2,765.82 5,149.08Valor do activo líquido por acção CZK 2,277.94 1,997.16 2,534.37

FE ( C )Número de acções 4,612.06 3,492.05 3,465.03Valor do activo líquido por acção EUR 92.09 80.79 101.51

IE ( C )Número de acções 6,821.74 7,471.18 114,565.92Valor do activo líquido por acção EUR 956.56 828.64 1,015.63

IE ( D )Número de acções 92,450.00 88,950.00 0.00Valor do activo líquido por acção EUR 1,102.58 992.42 0.00

ME ( C )Número de acções 579,530.83 735,264.03 1,177,005.41Valor do activo líquido por acção EUR 95.65 82.86 101.56

OE ( C )Número de acções 11,751.31 6,726.33 145,396.38Valor do activo líquido por acção EUR 968.28 835.40 1,015.81

SE ( C )Número de acções 1,463.84 1,114.29 0.00Valor do activo líquido por acção EUR 93.78 81.86 0.00

Equity Global AlphaAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos USD 42,436,169 41,617,771 31,434,708


AU ( C )Número de acções 297,254.55 291,223.05 290,879.04Valor do activo líquido por acção USD 85.68 84.79 102.38

AU ( D )Número de acções 65.00 0.00 0.00Valor do activo líquido por acção USD 102.46 0.00 0.00

FU ( C )Número de acções 1,821.65 1,656.77 1,391.44Valor do activo líquido por acção USD 83.87 83.60 102.35


165


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity Global Alpha

IU ( C )Número de acções 18,151.17 18,151.17 1.50Valor do activo líquido por acção USD 868.16 855.55 1,024.01

OU ( C )Número de acções 0.00 0.00 407.75Valor do activo líquido por acção USD 0.00 0.00 1,024.18

SU ( C )Número de acções 4,340.08 6,487.39 0.00Valor do activo líquido por acção USD 86.86 86.13 0.00

Equity Japan TargetAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos JPY 6,627,905,257 6,091,682,628 4,851,356,127


AHE ( C )Número de acções 145,610.53 136,020.88 13,351.11Valor do activo líquido por acção EUR 103.25 97.52 102.72

AJ ( C )Número de acções 157,625.22 161,103.93 81,588.59Valor do activo líquido por acção JPY 10,419.29 9,807.13 10,279.41

AJ ( D )Número de acções 3,367.27 3,615.08 0.00Valor do activo líquido por acção JPY 8,756.48 8,245.48 0.00

FHE ( C )Número de acções 8,893.15 9,756.77 2,527.28Valor do activo líquido por acção EUR 101.10 96.12 102.67

FJ ( C )Número de acções 1,496.66 1,382.43 982.06Valor do activo líquido por acção JPY 10,221.35 9,694.49 10,276.67

IHE ( C )Número de acções 5,243.62 5,251.01 0.00Valor do activo líquido por acção EUR 880.20 825.84 0.00

IJ ( C )Número de acções 19,089.45 19,938.08 1,990.44Valor do activo líquido por acção JPY 105,861.10 99,041.05 102,824.00

IJ ( D )Número de acções 0.73 1.63 0.00Valor do activo líquido por acção JPY 88,967.08 83,258.46 0.00


166


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity Japan Target

MHE ( C )Número de acções 3,827.88 6,194.08 0.00Valor do activo líquido por acção EUR 87.18 81.84 0.00

MJ ( C )Número de acções 42,304.07 42,467.54 149.48Valor do activo líquido por acção JPY 10,550.78 9,876.06 10,273.82

OJ ( C )Número de acções 0.00 0.00 34,477.01Valor do activo líquido por acção JPY 0.00 0.00 102,842.28

SHE ( C )Número de acções 405.45 1,482.59 0.00Valor do activo líquido por acção EUR 83.95 79.46 0.00

SJ ( C )Número de acções 122.87 34.81 0.00Valor do activo líquido por acção JPY 10,026.25 9,456.27 0.00

Equity US Concentrated CoreAno que termina em: 31/12/12 30/06/12 30/06/11





AU ( D )Número de acções 1,628.72 1,761.68 7,235.07Valor do activo líquido por acção USD 113.45 106.70 103.78



IHE ( C )Número de acções 10,270.05 10,422.77 75.91Valor do activo líquido por acção EUR 1,124.47 1,055.39 1,037.07


167


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity US Concentrated Core

IU ( C )Número de acções 14,932.88 12,088.20 2.31Valor do activo líquido por acção USD 1,147.45 1,070.81 1,038.57

IU ( D )Número de acções 2.22 97.92 46.90Valor do activo líquido por acção USD 1,154.06 1,075.91 1,038.10

MHE ( C )Número de acções 238.60 10.00 0.00Valor do activo líquido por acção EUR 113.48 106.80 0.00

MU ( C )Número de acções 430.86 4,032.07 19,802.56Valor do activo líquido por acção USD 115.19 107.48 103.80

SHE ( C )Número de acções 92.88 95.11 0.00Valor do activo líquido por acção EUR 100.59 95.15 0.00


Equity US GrowthAno que termina em: 31/12/12 30/06/12 30/06/11









168


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity US Growth

IHE ( C )Número de acções 2.23 2.23 195.81Valor do activo líquido por acção EUR 909.43 876.31 1,036.92

IU ( C )Número de acções 23.11 1,563.11 4,749.90Valor do activo líquido por acção USD 929.53 890.52 1,037.58

IU ( D )Número de acções 1.60 1.60 1.60Valor do activo líquido por acção USD 929.24 890.33 1,038.23

MHE ( C )Número de acções 10.00 9,568.00 0.00Valor do activo líquido por acção EUR 97.87 94.34 0.00


SU ( C )Número de acções 897.18 367.00 0.00Valor do activo líquido por acção USD 87.32 84.31 0.00

Equity US Relative ValueAno que termina em: 31/12/12 30/06/12 30/06/11




AHK ( C )Número de acções 16,624.98 16,918.72 17,669.63Valor do activo líquido por acção CZK 2,597.61 2,387.03 2,556.90

AU ( C )Número de acções 759,158.31 889,811.45 1,885,938.10Valor do activo líquido por acção USD 109.14 99.63 102.55




169


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity US Relative Value


IHE ( C )Número de acções 78,641.16 79,331.87 33,890.80Valor do activo líquido por acção EUR 1,086.12 990.38 1,024.90

IU ( C )Número de acções 146,588.88 156,335.51 302,908.89Valor do activo líquido por acção USD 1,111.34 1,008.40 1,025.78

IU ( D )Número de acções 33.96 103.67 681.20Valor do activo líquido por acção USD 1,106.16 1,008.40 1,025.79

MHE ( C )Número de acções 1.43 24,031.40 10,089.11Valor do activo líquido por acção EUR 108.76 99.63 102.51

MU ( C )Número de acções 24,245.12 38,488.08 348,412.80Valor do activo líquido por acção USD 110.97 100.75 102.58

OHE ( C )Número de acções 0.00 0.00 65,833.96Valor do activo líquido por acção EUR 0.00 0.00 1,025.06

OU ( C )Número de acções 0.00 0.00 15,346.45Valor do activo líquido por acção USD 0.00 0.00 1,025.95

SHE ( C )Número de acções 1,206.18 247.86 0.00Valor do activo líquido por acção EUR 105.53 97.41 0.00


Equity Global SelectAno que termina em: 31/12/12 30/06/12 30/06/11


AE ( C )Número de acções 7,901.05 10,116.81 0.00Valor do activo líquido por acção EUR 102.20 100.85 0.00

AE ( D )Número de acções 422.00 50.00 0.00Valor do activo líquido por acção EUR 102.46 101.13 0.00


170


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity Global Select

AU ( C )Número de acções 15,360,986.47 15,124,414.39 15,430,027.57Valor do activo líquido por acção USD 8.07 7.66 8.72


FU ( C )Número de acções 516.79 2.00 0.00Valor do activo líquido por acção USD 91.12 87.16 0.00


OU ( C )Número de acções 800.00 1,000.00 0.00Valor do activo líquido por acção USD 112.90 106.41 0.00

SE ( C )Número de acções 834.36 1,521.97 979.16Valor do activo líquido por acção EUR 98.37 97.26 97.27

SU ( C )Número de acções 1,365,117.29 1,500,218.60 1,842,635.91Valor do activo líquido por acção USD 7.69 7.32 8.36

Equity Japan ValueAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos JPY 7,666,925,510 4,071,684,176 4,306,180,600


AJ ( C )Número de acções 445,215.34 321,626.13 280,181.94Valor do activo líquido por acção JPY 6,486.00 5,727.00 6,229.00

AJ ( D )Número de acções 38,317.87 41,252.29 70,941.51Valor do activo líquido por acção JPY 10,842.00 9,594.00 10,433.00

FJ ( C )Número de acções 7,816.55 7,769.44 8,027.97Valor do activo líquido por acção JPY 10,442.00 9,286.00 10,241.00

IJ ( C )Número de acções 50,759.83 13,726.08 12,036.00Valor do activo líquido por acção JPY 67,855.00 59,649.00 64,291.00


171


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity Japan Value

I2 ( D )Número de acções 51,633.00 55,633.00 82,033.00Valor do activo líquido por acção JPY 5,646.00 5,015.00 5,518.00

I9 ( C )Número de acções 23,470.00 25,340.00 14,640.00Valor do activo líquido por acção JPY 7,593.00 6,658.00 7,141.00


MJ ( C )Número de acções 3,822.79 3,973.43 1,110.81Valor do activo líquido por acção JPY 10,828.00 9,518.00 10,259.00

SJ ( C )Número de acções 42,833.73 49,194.56 54,292.34Valor do activo líquido por acção JPY 6,351.00 5,619.00 6,135.00

Equity Euro SelectAno que termina em: 31/12/12 30/06/12 30/06/11



AE ( D )Número de acções 3,111.30 2,775.88 4,845.14Valor do activo líquido por acção EUR 117.46 104.11 126.73


IE ( C )Número de acções 30,705.86 30,637.58 17,233.05Valor do activo líquido por acção EUR 1,324.20 1,153.47 1,365.25

ME ( C )Número de acções 258,487.92 282,483.05 161,859.67Valor do activo líquido por acção EUR 98.58 85.82 101.53

OE ( C )Número de acções 6,044.00 3,500.00 0.00Valor do activo líquido por acção EUR 1,199.30 1,040.95 0.00

SE ( C )Número de acções 74,291.16 77,279.87 92,236.93Valor do activo líquido por acção EUR 134.67 117.99 141.14


172


Equity Europe SelectAno que termina em: 31/12/12 30/06/12 30/06/11







OE ( C )Número de acções 2,606.30 2,636.30 19,582.97Valor do activo líquido por acção EUR 1,014.04 889.18 979.53


Equity Euroland Small CapAno que termina em: 31/12/12 30/06/12 30/06/11





IE ( C )Número de acções 3,513.46 2,888.88 47.88Valor do activo líquido por acção EUR 1,060.75 887.55 1,022.62



173


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity Euroland Small Cap

OE ( C )Número de acções 4,805.71 3,572.68 9,552.74Valor do activo líquido por acção EUR 1,100.58 912.18 1,022.77


Equity Global Gold MinesAno que termina em: 31/12/12 30/06/12 30/06/11






IU ( C )Número de acções 64,483.71 90,835.87 58.40Valor do activo líquido por acção USD 753.04 723.10 993.70


OU ( C )Número de acções 300.00 700.00 0.00Valor do activo líquido por acção USD 854.37 816.24 0.00

SHE ( C )Número de acções 9,451.64 2,288.78 0.00Valor do activo líquido por acção EUR 69.44 67.52 0.00



174


Equity Global Luxury and LifestyleAno que termina em: 31/12/12 30/06/12 30/06/11



AE ( D )Número de acções 3,347.56 199.94 0.00Valor do activo líquido por acção EUR 101.97 95.54 0.00


FHE ( C )Número de acções 2,854.55 1,334.14 0.00Valor do activo líquido por acção EUR 103.61 94.42 0.00



OU ( C )Número de acções 5,480.44 6,675.81 0.00Valor do activo líquido por acção USD 1,154.07 1,028.63 0.00



Equity Global AgricultureAno que termina em: 31/12/12 30/06/12 30/06/11






175



FHE ( C )Número de acções 4,081.90 98.78 0.00Valor do activo líquido por acção EUR 98.71 95.17 0.00

FU ( C )Número de acções 7,174.99 4,125.69 0.00Valor do activo líquido por acção USD 91.30 87.13 0.00

IHE ( C )Número de acções 42,706.50 39,144.41 53,291.73Valor do activo líquido por acção EUR 1,101.95 1,043.78 1,198.83

IU ( C )Número de acções 16,633.09 25,664.41 23,681.17Valor do activo líquido por acção USD 905.02 853.25 967.03


OU ( C )Número de acções 1,216.00 0.00 0.00Valor do activo líquido por acção USD 1,016.63 0.00 0.00


SU ( C )Número de acções 230,842.65 269,126.36 339,575.90Valor do activo líquido por acção USD 84.72 80.44 92.44

Equity Global AgricultureAno que termina em: 31/12/12 30/06/12 30/06/11

Equity Global ResourcesAno que termina em: 31/12/12 30/06/12 30/06/11






176


FHE ( C )Número de acções 50.70 0.00 0.00Valor do activo líquido por acção EUR 96.43 0.00 0.00






Equity Europe RestructuringAno que termina em: 31/12/12 30/06/12 30/06/11




IE ( C )Número de acções 7,933.85 9,116.82 41,589.10Valor do activo líquido por acção EUR 710.57 635.51 750.76

Equity Global ResourcesAno que termina em: 31/12/12 30/06/12 30/06/11

IE ( D )Número de acções 3,150.25 3,150.25 0.00Valor do activo líquido por acção EUR 1,167.54 1,055.01 0.00


OE ( C )Número de acções 6,915.06 5,791.06 10,086.12Valor do activo líquido por acção EUR 948.22 844.63 990.37



177


Equity ASEANAno que termina em: 31/12/12 30/06/12 30/06/11





IU ( C )Número de acções 2,980.70 4,396.98 1,605.36Valor do activo líquido por acção USD 1,091.72 953.11 969.55

I4 ( C )Número de acções 1,010,500.00 1,194,800.00 1,476,000.00Valor do activo líquido por acção USD 108.14 93.66 94.14

I9 ( C )Número de acções 6,158.00 6,075.00 5,670.00Valor do activo líquido por acção USD 121.62 105.26 105.63


Equity Asia ex JapanAno que termina em: 31/12/12 30/06/12 30/06/11








178




XU ( C )Número de acções 4,543.36 4,543.36 56,210.57Valor do activo líquido por acção USD 1,301.04 1,132.80 1,392.72

Equity BrazilAno que termina em: 31/12/12 30/06/12 30/06/11


AE ( C )Número de acções 22,834.80 95.00 0.00Valor do activo líquido por acção EUR 84.99 79.67 0.00

AU ( C )Número de acções 1,015,161.41 941,782.17 876,027.43Valor do activo líquido por acção USD 98.90 89.21 125.53



Equity Asia ex JapanAno que termina em: 31/12/12 30/06/12 30/06/11

IU ( C )Número de acções 38,553.65 35,088.44 53,163.03Valor do activo líquido por acção USD 1,019.08 914.85 1,275.02

MU ( C )Número de acções 3,389.41 771.06 4,169.00Valor do activo líquido por acção USD 96.84 86.98 121.30



179


Equity Emerging EuropeAno que termina em: 31/12/12 30/06/12 30/06/11


AE ( C )Número de acções 1,336,323.79 1,469,194.88 1,724,742.44Valor do activo líquido por acção EUR 30.32 27.05 32.85



IE ( C )Número de acções 250.02 283.11 2,439.46Valor do activo líquido por acção EUR 2,920.46 2,593.08 3,120.02



Equity Emerging Internal DemandAno que termina em: 31/12/12 30/06/12 30/06/11




AHE ( C )Número de acções 27,380.16 17,568.65 11.00Valor do activo líquido por acção EUR 92.55 81.76 100.85





180


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity Emerging Internal Demand

IU ( C )Número de acções 97,120.33 83,785.40 76,652.60Valor do activo líquido por acção USD 964.64 846.30 1,017.42

I4 ( C )Número de acções 1.00 1.00 0.00Valor do activo líquido por acção USD 1,145.86 999.72 0.00


OU ( C )Número de acções 21,695.00 7,550.00 0.00Valor do activo líquido por acção USD 95.03 82.77 0.00



XU ( C )Número de acções 36,096.19 36,096.19 36,096.19Valor do activo líquido por acção USD 973.73 852.33 1,019.72

Equity Emerging WorldAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos USD 1,154,898,515 1,064,147,416 802,235,877




AU ( D )Número de acções 2,085,923.27 1,965,606.71 1,119,719.69Valor do activo líquido por acção USD 94.62 84.61 105.76



181


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity Emerging World

IU ( C )Número de acções 155,805.02 166,382.78 106,124.80Valor do activo líquido por acção USD 990.34 881.19 1,091.10

IU ( D )Número de acções 0.00 1,500.00 0.00Valor do activo líquido por acção USD 0.00 889.03 0.00

I8 ( C )Número de acções 54,526.73 60,080.00 54,172.65Valor do activo líquido por acção USD 928.93 826.33 1,022.67


OU ( C )Número de acções 0.00 0.00 160.74Valor do activo líquido por acção USD 0.00 0.00 1,026.48

O1 ( C )Número de acções 247,902.76 248,650.46 0.00Valor do activo líquido por acção USD 1,063.03 940.60 0.00


Equity MENAAno que termina em: 31/12/12 30/06/12 30/06/11


AE ( C )Número de acções 134.49 177.08 226.53Valor do activo líquido por acção EUR 116.24 113.48 100.88






182


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity MENA


IHE ( C )Número de acções 0.55 0.55 0.55Valor do activo líquido por acção EUR 1,057.95 997.22 1,013.03

IU ( C )Número de acções 0.57 873.08 0.57Valor do activo líquido por acção USD 1,063.84 999.79 1,014.46

IU ( D )Número de acções 877.14 917.63 1,138.73Valor do activo líquido por acção USD 1,063.55 1,001.77 1,013.55

OU ( C )Número de acções 8,584.66 9,840.33 0.00Valor do activo líquido por acção USD 1,127.36 1,049.72 0.00



Equity Greater ChinaAno que termina em: 31/12/12 30/06/12 30/06/11








183


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity Greater China


I2 ( D )Número de acções 5,712.00 7,312.00 8,412.00Valor do activo líquido por acção USD 130.03 112.37 135.00






Equity IndiaAno que termina em: 31/12/12 30/06/12 30/06/11









184


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity India


I4 ( C )Número de acções 3,150,155.00 3,678,155.00 4,410,455.00Valor do activo líquido por acção USD 149.33 123.51 166.93




XU ( C )Número de acções 0.00 0.00 950.00Valor do activo líquido por acção USD 0.00 0.00 868.69

Equity India SelectAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos USD 82,100,756 87,172,247 0


AU ( C )Número de acções 83,006.72 92,136.87 0.00Valor do activo líquido por acção USD 120.92 107.86 0.00



IU ( C )Número de acções 1.00 1.00 0.00Valor do activo líquido por acção USD 1,293.40 1,148.03 0.00

IU ( D )Número de acções 1.00 1.00 0.00Valor do activo líquido por acção USD 1,102.79 983.01 0.00


185


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity India Select

I6 ( C )Número de acções 409,502.57 505,285.30 0.00Valor do activo líquido por acção USD 124.67 110.61 0.00

MU ( C )Número de acções 1.00 1.00 0.00Valor do activo líquido por acção USD 124.86 110.63 0.00

Equity India InfrastructureAno que termina em: 31/12/12 30/06/12 30/06/11





IU ( C )Número de acções 3,897.89 121.60 225.60Valor do activo líquido por acção USD 1,011.56 414.33 636.56




Equity KoreaAno que termina em: 31/12/12 30/06/12 30/06/11





186










Equity KoreaAno que termina em: 31/12/12 30/06/12 30/06/11

Equity Latin AmericaAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos USD 1,161,350,501 1,285,376,590 2,598,470,998






187





O1 ( C )Número de acções 113,370.40 113,370.40 0.00Valor do activo líquido por acção USD 914.03 819.33 0.00




Equity ThailandAno que termina em: 31/12/12 30/06/12 30/06/11



Equity Latin AmericaAno que termina em: 31/12/12 30/06/12 30/06/11






188


Ano que termina em: 31/12/12 30/06/12 30/06/11Equity Thailand

SU ( C )Número de acções 933,913.62 885,129.74 1,271,735.32Valor do activo líquido por acção USD 21.70 18.08 15.90

XU ( C )Número de acções 132.00 78.00 137.00Valor do activo líquido por acção USD 2,025.15 1,668.21 1,443.21

Equity Global AquaAno que termina em: 31/12/12 30/06/12 30/06/11




FE ( C )Número de acções 2,628.90 291.71 0.00Valor do activo líquido por acção EUR 111.46 106.50 0.00

IE ( C )Número de acções 2,021.03 7,290.78 5,991.12Valor do activo líquido por acção EUR 1,037.59 979.36 889.29



Equity Europe Minimum VarianceAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos EUR 62,970,456 58,595,504 0

IE ( C )Número de acções 39,968.38 40,134.96 0.00Valor do activo líquido por acção EUR 1,557.16 1,449.50 0.00

ME ( C )Número de acções 5,381.64 3,700.86 0.00Valor do activo líquido por acção EUR 121.43 113.47 0.00

SE ( C )Número de acções 781.58 0.00 0.00Valor do activo líquido por acção EUR 101.90 0.00 0.00


189


Equity Global Minimum VarianceAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos USD 27,973,629 0 0

AU ( C )Número de acções 10.00 0.00 0.00Valor do activo líquido por acção USD 102.26 0.00 0.00

IE ( C )Número de acções 17,053.76 0.00 0.00Valor do activo líquido por acção EUR 958.55 0.00 0.00

OU ( C )Número de acções 6,469.27 0.00 0.00Valor do activo líquido por acção USD 992.35 0.00 0.00


Convertible EuropeAno que termina em: 31/12/12 30/06/12 30/06/11





IE ( C )Número de acções 94,607.33 79,508.99 68,700.61Valor do activo líquido por acção EUR 1,059.49 999.71 1,007.34




190


Convertible GlobalAno que termina em: 31/12/12 30/06/12 30/06/11


AE ( C )Número de acções 1,231,827.16 964,014.30 868,644.62Valor do activo líquido por acção EUR 10.61 10.20 10.79


FE ( C )Número de acções 1,082.24 574.74 0.00Valor do activo líquido por acção EUR 98.42 95.41 0.00

IE ( C )Número de acções 1,002.17 1,323.00 152.00Valor do activo líquido por acção EUR 1,282.23 1,226.65 1,288.16

ME ( C )Número de acções 0.00 838.47 838.47Valor do activo líquido por acção EUR 0.00 103.52 108.73


Bond Global CorporateAno que termina em: 31/12/12 30/06/12 30/06/11


AE ( C )Número de acções 56,145.83 276.00 10.00Valor do activo líquido por acção EUR 124.14 119.58 101.56


AHE ( C )Número de acções 3,902.77 0.00 0.00Valor do activo líquido por acção EUR 100.32 0.00 0.00





191


Ano que termina em: 31/12/12 30/06/12 30/06/11Bond Global Corporate

IHE ( C )Número de acções 4,378.43 0.00 0.00Valor do activo líquido por acção EUR 1,009.79 0.00 0.00


MU ( C )Número de acções 37,200.43 0.00 0.00Valor do activo líquido por acção USD 106.61 0.00 0.00



Bond Euro AggregateAno que termina em: 31/12/12 30/06/12 30/06/11





IE ( C )Número de acções 68,289.55 43,160.19 29,981.68Valor do activo líquido por acção EUR 1,136.70 1,046.08 998.16

I2 ( D )Número de acções 65,488.04 90,613.54 213,654.50Valor do activo líquido por acção EUR 1,022.81 973.69 998.19


OE ( C )Número de acções 990.00 1,737.01 2,095.75Valor do activo líquido por acção EUR 1,146.32 1,050.89 998.25


192


Ano que termina em: 31/12/12 30/06/12 30/06/11Bond Euro Aggregate


Bond Euro CorporateAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos EUR 1,140,842,222 690,827,794 542,831,952


AE ( D )Número de acções 11,626,495.34 9,119,028.61 4,837,684.57Valor do activo líquido por acção EUR 11.17 10.72 10.66



IE ( D )Número de acções 85,472.40 96,999.40 9,905.99Valor do activo líquido por acção EUR 1,229.16 1,184.34 1,176.17

I2 ( D )Número de acções 1,147,534.77 1,466,427.58 1,989,623.34Valor do activo líquido por acção EUR 87.09 84.10 86.59


OE ( C )Número de acções 152,468.00 1,570.00 115,066.35Valor do activo líquido por acção EUR 1,126.33 1,046.40 995.91

SE ( C )Número de acções 910,905.19 923,560.10 1,073,880.97Valor do activo líquido por acção EUR 16.67 15.59 15.03


193


Bond Euro GovernmentAno que termina em: 31/12/12 30/06/12 30/06/11




FE ( C )Número de acções 14,195.84 15,011.65 0.00Valor do activo líquido por acção EUR 110.05 103.31 0.00


ME ( C )Número de acções 45,452.21 25,400.21 0.00Valor do activo líquido por acção EUR 111.71 104.35 0.00

OE ( C )Número de acções 9,198.11 13,410.00 0.00Valor do activo líquido por acção EUR 1,124.86 1,048.31 0.00


Bond Euro InflationAno que termina em: 31/12/12 30/06/12 30/06/11








194


Ano que termina em: 31/12/12 30/06/12 30/06/11Bond Euro Inflation

OE ( C )Número de acções 300.00 300.00 1,287.40Valor do activo líquido por acção EUR 1,069.21 994.75 1,009.06


Bond Euro High YieldAno que termina em: 31/12/12 30/06/12 30/06/11







I2 ( D )Número de acções 1,420,143.00 1,790,418.00 2,482,222.00Valor do activo líquido por acção EUR 75.36 71.96 81.82


OE ( C )Número de acções 1,639.00 0.00 0.00Valor do activo líquido por acção EUR 1,079.50 0.00 0.00

SE ( C )Número de acções 1,470,028.72 1,492,390.96 2,632,804.37Valor do activo líquido por acção EUR 16.76 15.07 15.23


195


Bond US Opportunistic Core PlusAno que termina em: 31/12/12 30/06/12 30/06/11





AU ( D )Número de acções 3,226.00 106.00 0.00Valor do activo líquido por acção USD 107.10 104.82 0.00



IHE ( C )Número de acções 42,844.81 22,198.09 10,942.66Valor do activo líquido por acção EUR 1,109.29 1,065.03 995.68

IU ( C )Número de acções 52,732.19 36,839.48 5,175.03Valor do activo líquido por acção USD 1,111.11 1,064.69 995.63

IU ( D )Número de acções 531.54 0.00 0.00Valor do activo líquido por acção USD 1,041.01 0.00 0.00

MHE ( C )Número de acções 137,602.23 2,904.46 0.00Valor do activo líquido por acção EUR 106.01 101.79 0.00

MU ( C )Número de acções 995.74 5,370.13 0.00Valor do activo líquido por acção USD 106.32 101.90 0.00



196


Ano que termina em: 31/12/12 30/06/12 30/06/11Bond US Opportunistic Core Plus

SHE-QD ( D )Número de acções 1,947.13 750.00 0.00Valor do activo líquido por acção EUR 102.97 99.98 0.00


Bond EuropeAno que termina em: 31/12/12 30/06/12 30/06/11








Bond Global AggregateAno que termina em: 31/12/12 30/06/12 30/06/11






197


Ano que termina em: 31/12/12 30/06/12 30/06/11Bond Global Aggregate

AU ( D )Número de acções 146,498.57 20,629.02 561.00Valor do activo líquido por acção USD 108.59 105.18 106.60


FHE ( MD )Número de acções 519,794.18 112,408.07 0.00Valor do activo líquido por acção EUR 101.97 97.39 0.00


IE ( C )Número de acções 7,531.61 0.00 0.00Valor do activo líquido por acção EUR 983.56 0.00 0.00



MHE ( C )Número de acções 447,155.98 29,732.24 3,740.34Valor do activo líquido por acção EUR 108.76 101.16 99.41



SHE ( C )Número de acções 429,550.05 97,413.52 25,397.70Valor do activo líquido por acção EUR 107.64 100.70 99.41

SHE-MD ( D )Número de acções 383,056.94 108,945.80 2,624.36Valor do activo líquido por acção EUR 100.89 96.16 99.07



198


Bond GlobalAno que termina em: 31/12/12 30/06/12 30/06/11





AU ( D )Número de acções 2,347,308.91 324,334.68 3,203,550.73Valor do activo líquido por acção USD 15.60 14.84 17.18




IE-D ( D )Número de acções 1.00 1.00 1.00Valor do activo líquido por acção EUR 945.49 940.11 981.22


IU ( D )Número de acções 235.80 243.80 15,675.80Valor do activo líquido por acção USD 1,913.64 1,830.49 2,122.68

MHE ( C )Número de acções 3,135.23 0.00 0.00Valor do activo líquido por acção EUR 100.32 0.00 0.00




199


Ano que termina em: 31/12/12 30/06/12 30/06/11Bond Global

SHE ( C )Número de acções 31,618.43 19,227.17 11,314.29Valor do activo líquido por acção EUR 102.30 93.87 101.99


SU ( C )Número de acções 950,327.10 1,205,176.31 1,645,379.19Valor do activo líquido por acção USD 24.43 22.38 24.14

Bond Global InflationAno que termina em: 31/12/12 30/06/12 30/06/11








Bond Emerging InflationAno que termina em: 31/12/12 30/06/12 30/06/11


AU ( C )Número de acções 836.00 638.39 245.39Valor do activo líquido por acção USD 101.33 92.07 96.77



200




IU ( C )Número de acções 18,827.15 33,828.52 61,917.39Valor do activo líquido por acção USD 1,032.09 932.59 969.54

OU ( C )Número de acções 23,778.08 7,610.59 0.00Valor do activo líquido por acção USD 1,094.64 986.35 0.00


Bond Global EmergingAno que termina em: 31/12/12 30/06/12 30/06/11







Bond Emerging InflationAno que termina em: 31/12/12 30/06/12 30/06/11




201


Ano que termina em: 31/12/12 30/06/12 30/06/11Bond Global Emerging







Bond Global Emerging CorporateAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos USD 140,108,673 58,979,326 0



AU ( D )Número de acções 5,655.00 0.00 0.00Valor do activo líquido por acção USD 102.35 0.00 0.00

AU ( C )Número de acções 19,807.38 0.00 0.00Valor do activo líquido por acção USD 101.32 0.00 0.00

FHE ( C )Número de acções 79.46 0.00 0.00Valor do activo líquido por acção EUR 100.91 0.00 0.00

IHE ( C )Número de acções 808.54 0.00 0.00Valor do activo líquido por acção EUR 777.42 0.00 0.00


202


Ano que termina em: 31/12/12 30/06/12 30/06/11Bond Global Emerging Corporate

IU ( C )Número de acções 110,029.92 52,991.27 0.00Valor do activo líquido por acção USD 1,229.10 1,113.00 0.00

SHE ( C )Número de acções 200.00 0.00 0.00Valor do activo líquido por acção EUR 101.92 0.00 0.00

Multi Asset Emerging MarketsAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos USD 86,881,828 0 0


AU ( C )Número de acções 5,659.95 0.00 0.00Valor do activo líquido por acção USD 104.10 0.00 0.00


IU ( C )Número de acções 66,547.41 0.00 0.00Valor do activo líquido por acção USD 1,041.97 0.00 0.00


Index Equity EuroAno que termina em: 31/12/12 30/06/12 30/06/11





IE ( D )Número de acções 5,455.89 7,790.45 50,968.50Valor do activo líquido por acção EUR 910.42 801.09 972.54


203


Ano que termina em: 31/12/12 30/06/12 30/06/11Index Equity Euro



Index Equity EuropeAno que termina em: 31/12/12 30/06/12 30/06/11





IE ( D )Número de acções 286,155.86 344,376.26 387,318.90Valor do activo líquido por acção EUR 1,042.38 955.62 1,029.06


OE ( C )Número de acções 15,336.00 15,724.00 8,716.00Valor do activo líquido por acção EUR 1,037.90 928.62 969.88

Index Equity North AmericaAno que termina em: 31/12/12 30/06/12 30/06/11






204


Ano que termina em: 31/12/12 30/06/12 30/06/11Index Equity North America






Index Equity PacificAno que termina em: 31/12/12 30/06/12 30/06/11









205


Index Global Bond (EUR) HedgedAno que termina em: 31/12/12 30/06/12 30/06/11






Absolute ForexAno que termina em: 31/12/12 30/06/12 30/06/11


AE ( C )Número de acções 81,618.61 79,491.37 1,965,801.38Valor do activo líquido por acção EUR 100.51 98.93 100.24



Classic H ( C )Número de acções 3.01 3.01 3.01Valor do activo líquido por acção EUR 99.85 98.45 100.27





206


Absolute VaR 2(EUR)Ano que termina em: 31/12/12 30/06/12 30/06/11




AHG ( C )Número de acções 2,888.39 3,000.39 9,077.51Valor do activo líquido por acção GBP 97.54 96.75 100.08

AHG ( D )Número de acções 0.00 457.83 457.83Valor do activo líquido por acção GBP 0.00 96.95 100.12

AHU ( C )Número de acções 10,369.23 16,331.60 0.00Valor do activo líquido por acção USD 118.58 117.64 0.00

AHU ( D )Número de acções 20.00 20.00 0.00Valor do activo líquido por acção USD 100.23 99.63 0.00


FHU ( C )Número de acções 117.84 117.84 0.00Valor do activo líquido por acção USD 102.01 101.35 0.00

Classic H ( C )Número de acções 513.88 644.85 3,995.33Valor do activo líquido por acção EUR 111.17 110.55 113.76


IHG ( C )Número de acções 46.49 47.01 47.01Valor do activo líquido por acção GBP 982.78 973.30 1,001.37




207


Ano que termina em: 31/12/12 30/06/12 30/06/11Absolute VaR 2(EUR)

SHU ( C )Número de acções 27,819.29 33,087.93 0.00Valor do activo líquido por acção USD 117.58 116.67 0.00

Absolute VaR 4(EUR)Ano que termina em: 31/12/12 30/06/12 30/06/11




AHU ( C )Número de acções 1,946.25 2,096.25 0.00Valor do activo líquido por acção USD 103.86 103.25 0.00

AHU ( D )Número de acções 902.00 902.00 0.00Valor do activo líquido por acção USD 92.94 92.62 0.00

FE ( C )Número de acções 5.00 5.00 0.00Valor do activo líquido por acção EUR 94.18 94.00 0.00

Classic H ( C )Número de acções 2,149.16 4,025.11 8,134.49Valor do activo líquido por acção EUR 103.22 102.93 110.29

IE ( C )Número de acções 235.01 305.06 4,484.67Valor do activo líquido por acção EUR 1,104.23 1,096.43 1,165.09

IHU ( C )Número de acções 66,476.76 79,359.14 0.00Valor do activo líquido por acção USD 1,067.62 1,058.70 0.00



SHU ( C )Número de acções 1,676.94 3,749.45 0.00Valor do activo líquido por acção USD 103.21 102.67 0.00


208


Absolute Statistical ArbitrageAno que termina em: 31/12/12 30/06/12 30/06/11


AE ( C )Número de acções 10.00 10.00 49,840.71Valor do activo líquido por acção EUR 87.88 89.20 98.42

AHU ( C )Número de acções 100.00 100.00 115.06Valor do activo líquido por acção USD 87.69 88.84 98.53

FE ( C )Número de acções 31.93 53.18 0.00Valor do activo líquido por acção EUR 90.31 91.94 0.00

IE ( C )Número de acções 28,071.74 29,171.74 59,264.21Valor do activo líquido por acção EUR 893.38 903.32 990.39

IE ( D )Número de acções 30,621.90 37,151.41 45,622.93Valor do activo líquido por acção EUR 884.74 894.58 980.83

IHU ( C )Número de acções 10.00 10.00 12.01Valor do activo líquido por acção USD 886.21 894.91 986.23

ME ( C )Número de acções 23.43 5,094.54 56,666.39Valor do activo líquido por acção EUR 87.11 88.05 96.62


Absolute High YieldAno que termina em: 31/12/12 30/06/12 30/06/11


AE ( C )Número de acções 636,411.37 704,002.46 1,016,005.51Valor do activo líquido por acção EUR 105.48 103.33 104.26



Classic H ( C )Número de acções 0.00 0.00 775.21Valor do activo líquido por acção EUR 0.00 0.00 104.96


209


Ano que termina em: 31/12/12 30/06/12 30/06/11Absolute High Yield




Absolute Volatility ArbitrageAno que termina em: 31/12/12 30/06/12 30/06/11








SE ( C )Número de acções 449,473.77 619,146.54 1,090,858.44Valor do activo líquido por acção EUR 117.14 116.52 117.30


210


Absolute Volatility Arbitrage PlusAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos EUR 127,641,673 113,059,264 0



IE ( D )Número de acções 88,184.17 79,338.65 0.00Valor do activo líquido por acção EUR 1,026.60 1,014.61 0.00

ME ( C )Número de acções 664.50 664.50 0.00Valor do activo líquido por acção EUR 102.30 100.99 0.00

SE ( C )Número de acções 10.00 10.00 0.00Valor do activo líquido por acção EUR 102.19 101.14 0.00

Absolute Volatility Euro EquitiesAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos EUR 2,621,619,833 2,587,252,893 2,629,337,006



AHC ( C )Número de acções 394,327.47 119,145.84 80,065.00Valor do activo líquido por acção CHF 100.21 104.73 98.98

AHG ( D )Número de acções 3,398.94 2,580.54 3,847.30Valor do activo líquido por acção GBP 105.41 109.58 102.87





211


Ano que termina em: 31/12/12 30/06/12 30/06/11Absolute Volatility Euro Equities

IE ( D )Número de acções 26,684.00 9,770.00 13,439.00Valor do activo líquido por acção EUR 1,031.70 1,068.99 992.37

IHC ( C )Número de acções 23,937.17 22,965.87 30,217.83Valor do activo líquido por acção CHF 1,012.02 1,052.60 991.12

IHG ( D )Número de acções 45,783.29 34,579.48 22,327.69Valor do activo líquido por acção GBP 1,073.15 1,113.60 1,036.76

IHG0 ( D )Número de acções 75,033.32 76,491.23 73,516.51Valor do activo líquido por acção GBP 1,102.32 1,143.29 1,061.70

ME ( C )Número de acções 1,560,597.36 1,424,142.91 2,028,091.86Valor do activo líquido por acção EUR 138.21 143.54 133.62


SE ( C )Número de acções 2,619,430.08 2,834,525.20 3,224,169.21Valor do activo líquido por acção EUR 148.44 154.69 145.17

Absolute Volatility World EquitiesAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos USD 2,586,116,729 2,738,903,821 2,119,712,575



AHC ( C )Número de acções 65,018.45 42,458.84 0.00Valor do activo líquido por acção CHF 95.58 99.98 0.00

AHE ( C )Número de acções 1,090,403.29 1,405,758.55 1,343,259.51Valor do activo líquido por acção EUR 102.24 106.69 101.32

AHE ( D )Número de acções 194,406.16 182,130.18 0.00Valor do activo líquido por acção EUR 97.17 101.39 0.00


212


Ano que termina em: 31/12/12 30/06/12 30/06/11Absolute Volatility World Equities

AHG ( C )Número de acções 49,490.96 33,260.94 0.00Valor do activo líquido por acção GBP 99.30 103.38 0.00

AHG ( D )Número de acções 24,004.17 23,224.17 39,598.79Valor do activo líquido por acção GBP 106.87 111.29 105.52

AHS ( C )Número de acções 33,309.73 8,670.46 0.00Valor do activo líquido por acção SGD 96.66 100.77 0.00

AHS ( D )Número de acções 548.00 0.00 0.00Valor do activo líquido por acção SGD 96.05 0.00 0.00





Classic H ( C )Número de acções 92,673.46 90,742.87 90,704.09Valor do activo líquido por acção USD 135.18 141.21 135.01

IHC ( C )Número de acções 786.00 0.00 0.00Valor do activo líquido por acção CHF 999.56 0.00 0.00

IHE ( C )Número de acções 575,847.25 571,590.26 408,414.50Valor do activo líquido por acção EUR 1,065.99 1,106.78 1,042.41

IHG ( C )Número de acções 68,085.74 50,112.79 0.00Valor do activo líquido por acção GBP 982.35 1,019.38 0.00

IHG ( D )Número de acções 10,702.26 12,787.50 15,662.04Valor do activo líquido por acção GBP 1,048.62 1,087.63 1,026.28

IHG0 ( D )Número de acções 79,432.33 85,761.93 90,623.89Valor do activo líquido por acção GBP 1,025.06 1,063.10 1,000.22


213


Ano que termina em: 31/12/12 30/06/12 30/06/11Absolute Volatility World Equities

IHJ ( C )Número de acções 35,848.27 38,192.56 0.00Valor do activo líquido por acção JPY 101,175.00 105,259.00 0.00


IU ( D )Número de acções 229.26 1,143.63 5,389.81Valor do activo líquido por acção USD 1,075.48 1,116.11 1,053.81


OU ( C )Número de acções 323,774.72 555,215.48 0.00Valor do activo líquido por acção USD 100.62 104.14 0.00



Cash EURAno que termina em: 31/12/12 30/06/12 30/06/11

Total dos Activos Líquidos EUR 961,763,110 1,157,990,573 1,339,968,817







214


Ano que termina em: 31/12/12 30/06/12 30/06/11Cash EUR

ME ( C )Número de acções 1,184,717.20 1,333,404.15 2,029,271.31Valor do activo líquido por acção EUR 101.27 100.98 100.02

OE ( C )Número de acções 25,034.98 13,858.75 8,651.28Valor do activo líquido por acção EUR 1,014.22 1,010.82 1,000.24


Cash USDAno que termina em: 31/12/12 30/06/12 30/06/11





MU ( C )Número de acções 189,628.37 159,488.44 1,206,002.76Valor do activo líquido por acção USD 100.61 100.42 100.00



216


Equity Global AlphaEquity Euroland ValueNota


119,003361,2302,601,7862,197,207Rendimento

116,588330,9002,481,2711,866,3342Dividendos líquidos

----2Juros de obrigações

2,41528725,05562Juros bancários

----Rendimento sobre Acordos de Recompra Inversa

----Juros recebidos sobre swaps

-30,04395,460330,8676Outros rendimentos

254,534548,6771,196,3891,153,524Despesas

178,146238,051711,263676,8984Comissões de gestão

2,119-175-Comissões de desempenho

44,96065,553418,618260,8504Comissões de administração

6,0367,52914,45810,1805Taxe d’abonnement

4657701,5011,714Comissões de distribuição

18,798231,47643,296166,276Comissões de corretagens e transacções

-1,243-37,016Recepção e transmissão de ordens

4,0102,4397,078590Juros bancários e encargos semelhantes

----Juros pagos sobre swaps

----Despesas sobre Acordos de Recompra

-1,616--7Outras despesas

-135,531-187,4471,405,3971,043,683Lucro/(perda) líquido realizado de investimentos

-689,893-891,041-30,602,785-4,363,961Lucro/(perda) líquido realizado sobre títulos vendidos

-282,019-901,040-713,416-Lucro/(perda) líquido realizado sobre opções

354,419387,038-17,169-6,679Lucro/(perda) líquido realizado sobre contratos cambiais a prazo

-1,457,436-28,7296,798-Lucro/(perda) líquido realizado sobre futuros financeiros

----Lucro/(perda) líquido realizado sobre swaps

-317,41347,532-400-2,656Lucro/(perda) líquido realizado sobre câmbios

-2,527,873-1,573,687-29,921,575-3,329,613Lucro/(perda) líquido realizado

-3,484,3342,055,005-47,806,61527,399,106Alteração líquida da apreciação/(depreciação) não realizada sobre investimentos edívidas derivadas de acordos de recompra inversa

-224,70558,625-57,000-Alteração líquida da apreciação/(depreciação) líquida não realizada sobre opções

-1,005-210,3601,214-3,247Alteração líquida da apreciação/(depreciação) não realizada sobre contratos cam-biais a prazo

91,100173,594--Alteração líquida da apreciação/(depreciação) não realizada sobre futuros financeiros

----Alteração líquida da apreciação/(depreciação) não realizada sobre swaps

-6,146,817503,177-77,783,97624,066,246Resultado das operações

----3,380,1009Dividendos pagos

22,109,1381,802,31128,484,25920,660,552Subscrições

-22,445,045-1,487,090-72,310,481-26,190,841Resgates

-6,482,724818,398-121,610,19815,155,857Aumento/(diminuição) dos activos líquidos

----Reavaliação do valor do activo líquido consolidado de abertura

31,434,70841,617,771389,673,999165,081,058Activos líquidos no início do período (01/07/12)

24,951,98442,436,169268,063,801180,236,915Activos líquidos no fim do período

Extracto de Operações e Alterações nos Activos Líquidos

Equity US Relative ValueEquity US GrowthEquity US Concentrated CoreEquity Japan Target

31/12/201131/12/201231/12/201131/12/201231/12/201131/12/201231/12/201131/12/2012USDUSDUSDUSDUSDUSDJPYJPY

4,172,3793,351,866104,024116,961150,298568,44542,843,19564,755,331

4,145,4953,350,034101,619112,911149,520563,62342,805,57963,474,565

--------

26,884-2,405-7783,87937,616300,413

--------

--------

-1,832-4,050-943-980,353

3,708,3283,148,906772,185401,406670,0341,256,32527,787,68158,335,663

2,685,6582,226,124418,712237,423442,190867,0899,254,47638,260,318

798,02590,019-60,59160,2488,023,00955,306

862,708639,344116,06654,710106,708208,9165,168,3499,662,493

56,15050,7017,6316,15512,28523,292313,183949,982

20,55426,98626,69221,59315,32228,544144,348517,203

49,289197,235109,69381,32131,98867,4624,814,6808,460,177

--------

33,8214913,16511888149750,798418,300

--------

--------

69-207866927718,83811,884

464,051202,960-668,161-284,445-519,736-687,88015,055,5146,419,668

-40,913,5213,899,263-1,713,593-1,986,407125,453-265,447-312,115,59576,622,958

--------

-16,734,4538,132,653-1,717,264363,399-719,9541,108,338-26,769,809186,755,395

--------8,230,000

--------

204,012-24,277-5,976-8,462-21,775-11,299824,163-267,969

-56,979,91112,210,599-4,104,994-1,915,915-1,136,012143,712-323,005,727261,300,052

-48,473,38834,834,083-10,571,0313,279,045-1,707,8068,340,411-202,583,276329,116,604

--------

-1,187,274-2,860,109-118,121-277,713-23,519-454,539-2,508,28724,819,263

--------15,795,000

--------

-106,640,57344,184,573-14,794,1461,085,417-2,867,3378,029,584-528,097,290599,440,919

--172------11,584

65,021,18618,535,72616,855,6551,339,65216,553,46911,658,857354,943,0731,017,838,923

-344,304,658-46,819,130-77,839,619-16,052,656-14,764,178-18,407,403-3,595,275,985-1,081,045,629

-385,924,04515,900,997-75,778,110-13,627,587-1,078,0461,281,038-3,768,430,202536,222,629

--------

795,748,069409,770,885117,301,82335,376,33458,404,091116,324,5344,851,356,1276,091,682,628

409,824,024425,671,88241,523,71321,748,74757,326,045117,605,5721,082,925,9256,627,905,257

217



218


Equity Japan ValueEquity Global SelectNota

31/12/201131/12/201231/12/201131/12/2012JPYJPYUSDUSDPortuguês

46,158,95546,008,848941,057881,015Rendimento


----Juros de obrigações

20,584-20117Juros bancários



--89,39152,391Outros rendimentos

38,504,00351,280,7141,350,7521,507,476Despesas

28,365,15428,437,711994,7351,058,945Comissões de gestão

--5,66555Comissões de desempenho

7,918,7587,993,114246,117269,247Comissões de administração



1,000,70913,492,50769,309119,456Comissões de corretagens e transacções

---23,585Recepção e transmissão de ordens




----Outras despesas

7,654,952-5,271,866-409,695-626,461Lucro/(perda) líquido realizado de investimentos

-202,366,021-75,624,5361,793,226177,112Lucro/(perda) líquido realizado sobre títulos vendidos

----Lucro/(perda) líquido realizado sobre opções

-281,710---Lucro/(perda) líquido realizado sobre contratos cambiais a prazo

---875,064315,319Lucro/(perda) líquido realizado sobre futuros financeiros


-1,070,769-918,683-33,231-30,095Lucro/(perda) líquido realizado sobre câmbios

-196,063,548-81,815,085475,236-164,125Lucro/(perda) líquido realizado


----Alteração líquida da apreciação/(depreciação) líquida não realizada sobre opções

-32,422---Alteração líquida da apreciação/(depreciação) não realizada sobre contratos cam-biais a prazo

--72,90089,200Alteração líquida da apreciação/(depreciação) não realizada sobre futuros financeiros


-746,190,239841,523,628-25,327,7978,468,481Resultado das operações

-3,713,650-4,033,605--Dividendos pagos

2,201,758,5726,497,098,47116,520,29219,033,460Subscrições

-1,744,855,046-3,739,347,160-18,519,680-14,787,909Resgates

-293,000,3633,595,241,334-27,327,18512,714,032Aumento/(diminuição) dos activos líquidos


4,306,180,6004,071,684,176168,439,569154,376,291Activos líquidos no início do período (01/07/12)

4,013,180,2377,666,925,510141,112,384167,090,323Activos líquidos no fim do período

2

2

2

6

4

4

5

7

9

219


Equity Global Gold MinesEquity Euroland Small CapEquity Europe SelectEquity Euro Select


427,559671,783512,094541,259810,082892,572692,1331,073,198

424,671663,490492,325490,552741,099875,457644,008851,171

--------

2,888238524391,9271531511

--------

--------

-8,05519,24550,66867,05617,10047,810222,016

1,423,7701,858,1052,250,2311,255,752620,9051,016,449650,959828,585

1,037,007999,469649,466478,181440,277540,300444,480523,625

5,395109,2961,324,131359,819103151,70613,57716,005

257,999253,770233,082177,210137,322169,602137,284187,292

27,99823,70613,16113,97113,92115,70112,89915,010

16,79116,5072,9763,9208401,2365,3226,055

74,251362,85326,964189,85927,071117,49822,54365,722

-89,739-32,598-19,913-14,691

4,3292,7654511941,37149314,854185

--------

--------

--------

-996,211-1,186,322-1,738,137-714,493189,177-123,87741,174244,613

-6,827,185-10,762,244-17,562,5642,056,189-4,345,391783,272-3,005,521-1,528,473

--------

-37,09927,476------

-----135,018312,310110,647270,080

--------

-243,021-54,6659,434-7-21,847-18,0416,216-5,898

-8,103,516-11,975,755-19,291,2671,341,689-4,313,079953,664-2,847,484-1,019,678

-23,523,41917,681,524-15,096,98615,377,245-11,531,45912,703,666-16,163,28116,577,549

--------

1,242-5,937------

-----57,036-80,00068,640-56,930

--------

-31,625,6935,699,832-34,388,25316,718,934-15,901,57413,577,330-18,942,12515,500,941

-----2,794-4,043-9,403-5,082

219,736,28191,039,2508,967,77753,431,37029,160,93522,277,50233,995,94724,460,993

-107,022,887-116,083,382-36,633,764-13,585,022-36,780,503-9,450,488-46,843,962-31,984,249

81,087,701-19,344,300-62,054,24056,565,282-23,523,93626,400,301-31,799,5437,972,603

--------

107,336,561135,278,897169,238,09385,813,351112,819,67699,662,310119,657,208110,628,715

188,424,262115,934,597107,183,853142,378,63389,295,740126,062,61187,857,665118,601,318


220


Equity Global AgricultureEquity Global Luxury and LifestyleNota


1,452,7231,494,448187,122731,386Rendimento



2,310288105-Juros bancários



10283,5091840,539Outros rendimentos

1,743,1261,863,823409,6081,149,483Despesas

1,355,7091,155,014267,400750,243Comissões de gestão

67-43,283-Comissões de desempenho



924,0804,80418,261Comissões de distribuição



5,0985163441,564Juros bancários e encargos semelhantes



-2,692--Outras despesas

-290,403-369,375-222,486-418,097Lucro/(perda) líquido realizado de investimentos

-10,182,729-1,468,899-431,056676,082Lucro/(perda) líquido realizado sobre títulos vendidos


-7,046,7673,089,142-26,651Lucro/(perda) líquido realizado sobre contratos cambiais a prazo

----2,194,997Lucro/(perda) líquido realizado sobre futuros financeiros


-894,057-20,5451,515-56,147Lucro/(perda) líquido realizado sobre câmbios

-18,413,9561,230,323-652,027-1,966,508Lucro/(perda) líquido realizado



-558,808-1,120,282--6,466Alteração líquida da apreciação/(depreciação) não realizada sobre contratos cam-biais a prazo

----496,327Alteração líquida da apreciação/(depreciação) não realizada sobre futuros financeiros



----202Dividendos pagos

21,898,41531,942,99723,519,52840,925,765Subscrições

-61,471,289-38,189,723-24,102,577-33,387,201Resgates

-81,879,8375,195,717-6,937,05417,457,705Aumento/(diminuição) dos activos líquidos




2

2

2

6

4

4

5

7

9

221


Equity Asia ex JapanEquity ASEANEquity Europe RestructuringEquity Global Resources


3,599,8792,586,5032,240,8961,740,880280,084311,8431,108,832809,760

3,592,5462,586,4642,239,8061,740,876273,347286,6271,094,170769,409

--------

7,333391,09042,2171834,917241

--------

--------

----4,52025,0339,74540,110

4,863,5213,294,7681,723,0532,000,388264,753184,6081,054,403918,435

2,543,5041,900,7571,057,4871,069,512165,019104,447771,216572,347

1,7121,46310,52279,1384,8502,2484,934-

837,195636,934478,940466,33861,34836,947199,737139,575

56,85147,15124,98729,8783,2302,65914,13513,955

89,1222414,3422,4471,5487,3146,515

80,221695,882148,000349,39626,24031,58653,890163,364

-----5,123-22,282

1,344,0303,4592,8761,7841,619503,177397

--------

--------

--------

-1,263,642-708,265517,843-259,50815,331127,23554,429-108,675

-23,411,153208,3381,350,3698,403,696-5,522,739-24,787-12,241,136-2,781,010

----664---

-2,790---178,686132,071-1,01111,612

----5,427---

--------

-680,9817,997-106,702-7,077-65,466-60,111-153,326-76,359

-25,358,566-491,9301,761,5108,137,111-5,388,097174,408-12,341,044-2,954,432

-77,186,04836,767,801-31,588,59020,547,899-6,259,5462,403,297-8,379,8378,931,270

--------

----226,979-27,03960-1,238

--------

--------

-102,544,61436,275,871-29,827,08028,685,010-11,420,6642,550,666-20,720,8215,975,600

----6,561--37,141--

67,931,72347,384,83191,690,63929,738,89620,733,3783,252,19624,171,91230,361,982

-97,558,384-55,700,390-109,283,012-46,439,780-36,687,201-7,215,359-55,494,171-50,833,853

-132,171,27527,960,312-47,419,45311,977,565-27,374,487-1,449,638-52,043,080-14,496,271

--------

473,770,483259,143,526233,616,359198,020,45861,861,99124,340,368162,169,86482,858,741

341,599,208287,103,838186,196,906209,998,02334,487,50422,890,730110,126,78468,362,470


222


Equity Emerging EuropeEquity BrazilNota


502,0641,030,4552,706,4832,524,953Rendimento



11,64621,6305791Juros bancários



-12,830229,484773Outros rendimentos

774,921723,5981,714,7431,878,492Despesas


-959-63,444Comissões de desempenho



6,8096,8154674,149Comissões de distribuição






1,2152,249-1,439Outras despesas

-272,857306,857991,740646,461Lucro/(perda) líquido realizado de investimentos

-7,438,844-414,745-20,073,588-7,332,367Lucro/(perda) líquido realizado sobre títulos vendidos


----Lucro/(perda) líquido realizado sobre contratos cambiais a prazo

-1,074,115501,094--Lucro/(perda) líquido realizado sobre futuros financeiros


-204,53011,362-137,61621,163Lucro/(perda) líquido realizado sobre câmbios

-8,990,346404,568-19,219,464-6,664,743Lucro/(perda) líquido realizado



----Alteração líquida da apreciação/(depreciação) não realizada sobre contratos cam-biais a prazo

31,158-105,872--Alteração líquida da apreciação/(depreciação) não realizada sobre futuros financeiros



--2,915-13,690-43,189Dividendos pagos

13,030,7658,798,49628,647,44464,588,000Subscrições

-21,367,900-13,905,040-58,338,531-53,519,668Resgates

-25,070,139538,707-76,206,33926,246,706Aumento/(diminuição) dos activos líquidos




2

2

2

6

4

4

5

7

9

223


Equity Greater ChinaEquity MENAEquity Emerging WorldEquity Emerging Internal Demand


5,354,4474,675,92976,13140,83510,094,59711,847,2932,700,6642,610,654

5,139,9634,675,92973,94740,83510,080,81511,808,9042,698,9242,598,261

-----1,476--

10,265-2,184-13,7826491,7403,120

--------

--------

204,219----36,264-9,273

5,570,8176,969,506198,501158,87610,176,01610,491,2843,182,0993,248,067

3,883,5893,762,189120,89144,6625,730,8566,023,8972,086,3931,736,276

142,99034,3253,7934,772-468,344228,266

1,395,0491,334,53037,94233,8681,964,3942,129,955682,828590,040

90,072104,3343,6392,621152,471180,02848,32144,520

29,75131,93435,07137,03148,0365995,268

23,5031,688,94028,82663,065462,4111,817,791313,501558,295

---3,340-246,910-59,595

5,86313,2543,4071,4481,826,41639,84040,55922,746

--------

--------

---292,4374,7811,5543,061

-216,370-2,293,577-122,370-118,041-81,4191,356,009-481,435-637,413

-23,601,98415,526,758-475,224446,988-83,325,729-31,123,874-18,925,052-719,570

--------

---1,061,64260,066-152,317648,450-140,986305,173

-----11,736--52,812-

--------

-43,597-357,895-8,563-8,872-2,584,184540,077-562,077-440,823

-23,861,95112,875,286-1,667,799380,141-86,155,385-28,579,338-20,162,362-1,492,633

-110,822,02375,309,979-69,035699,311-116,590,760149,712,834-53,185,99736,366,673

--------

---73,395-22,737-287,310-2,009,941-254,955-589,359

----1,807-8,130-

--------

-134,683,97488,185,265-1,810,2291,056,715-203,031,648119,123,555-73,595,18434,284,681

-13,627-35,244--2,009--40,712--

126,625,299216,399,01713,411,6299,483,374501,887,948171,379,89073,577,71976,508,245

-223,485,322-131,166,312-1,329,512-3,008,590-155,439,775-199,711,634-86,978,340-58,743,813

-231,557,624173,382,72610,271,8887,529,490143,416,52590,751,099-86,995,80552,049,113

--------

757,351,386508,741,65615,853,13615,793,695802,235,8771,064,147,416357,368,054252,653,399

525,793,762682,124,38226,125,02423,323,185945,652,4021,154,898,515270,372,249304,702,512


224


Equity India SelectEquity IndiaNota


-604,1593,462,6112,553,583Rendimento

-536,0323,460,4032,553,583Dividendos líquidos


-68,1272,208-Juros bancários



----Outros rendimentos

-1,579,1223,654,4314,093,808Despesas

-485,0062,153,7051,843,954Comissões de gestão

-24913374,744Comissões de desempenho

-185,8231,411,0661,176,478Comissões de administração

-9,20243,90945,818Taxe d’abonnement

-7,5372301,758Comissões de distribuição

-274,66635,674646,506Comissões de corretagens e transacções

----Recepção e transmissão de ordens

-616,6399,8344,550Juros bancários e encargos semelhantes



----Outras despesas

--974,963-191,820-1,540,225Lucro/(perda) líquido realizado de investimentos

-4,342,026-15,997,998-9,368,096Lucro/(perda) líquido realizado sobre títulos vendidos



----Lucro/(perda) líquido realizado sobre futuros financeiros


-40,938-1,375,007127,157Lucro/(perda) líquido realizado sobre câmbios

-3,408,001-17,564,825-10,781,164Lucro/(perda) líquido realizado

-6,606,465-247,829,603114,924,375Alteração líquida da apreciação/(depreciação) não realizada sobre investimentos edívidas derivadas de acordos de recompra inversa



----Alteração líquida da apreciação/(depreciação) não realizada sobre futuros financeiros


-10,014,466-265,394,428104,143,211Resultado das operações

--104-4,626-4,511Dividendos pagos

-187,17577,830,08867,644,995Subscrições

--15,273,028-145,475,972-123,757,667Resgates

--5,071,491-333,044,93848,026,028Aumento/(diminuição) dos activos líquidos


-87,172,247853,505,098528,875,458Activos líquidos no início do período (01/07/12)

-82,100,756520,460,160576,901,486Activos líquidos no fim do período

2

2

2

6

4

4

5

7

9

225


Equity ThailandEquity Latin AmericaEquity KoreaEquity India Infrastructure


925,665933,59934,074,57015,890,540117,07470,712464,757357,512

925,639923,41734,064,27215,826,323116,97270,595464,757357,510

-10,182------

26-10,2985102117-2

--------

--------

---64,212----

868,7561,205,22815,066,09611,230,1131,758,2511,739,773407,444416,311

600,503743,10610,639,8197,169,363613,193464,465271,824208,573

-38,376-219,664-845-44,707

187,987241,4743,749,2032,478,017239,508182,315114,78687,423

14,62719,032208,039173,5159,9937,8435,7515,593

-4312,43612,9912813403441,896

60,228161,97589,641947,70135,1821,083,96514,56467,617

---177,583----

5,4111,222366,69448,439860,094-175502

--------

--------

--2642,840----

56,909-271,62919,008,4744,660,427-1,641,177-1,669,06157,313-58,799

-559,5676,287,895-68,602,046-13,338,8462,747,7213,128,904-1,462,224-2,906,724

--------

--------

--------

--------

-6,770-14,141-884,45080,699-509,895-59,839-132,343-7,407

-509,4286,002,125-50,478,022-8,597,720596,6491,400,004-1,537,254-2,972,930

-3,768,42412,286,276-481,689,725127,894,252-34,139,5795,419,242-20,693,7049,526,354

--------

--------

--------

--------

-4,277,85218,288,401-532,167,747119,296,532-33,542,9306,819,246-22,230,9586,553,424

--6,229-70,610-233,854-12,515-10,517--

86,620,07368,019,583318,794,36894,445,95087,606,67649,583,9361,728,4739,824,851

-85,766,333-52,100,267-764,702,207-337,534,717-129,695,741-57,853,980-11,849,959-9,277,497

-3,424,11234,201,488-978,146,196-124,026,089-75,644,510-1,461,315-32,352,4447,100,778

--------

75,147,76687,922,2932,598,470,9981,285,376,590170,666,37986,014,57068,089,70437,368,023

71,723,654122,123,7811,620,324,8021,161,350,50195,021,86984,553,25535,737,26044,468,801


226


Equity Global Clean PlanetEquity Global AquaNota


211,98622,788250,153243,588Rendimento

211,27522,415249,673221,022Dividendos líquidos


1666384-Juros bancários



5453679622,566Outros rendimentos

138,37225,085338,552396,283Despesas


----Comissões de desempenho


2,6253776,7127,115Taxe d’abonnement

6241699Comissões de distribuição


---3,864Recepção e transmissão de ordens

--53160Juros bancários e encargos semelhantes



123-501,065Outras despesas

73,614-2,297-88,399-152,695Lucro/(perda) líquido realizado de investimentos

-1,704,864535,6821,695,2241,228,871Lucro/(perda) líquido realizado sobre títulos vendidos



----Lucro/(perda) líquido realizado sobre futuros financeiros


17,624129-49,358-24,193Lucro/(perda) líquido realizado sobre câmbios

-1,613,626533,5141,557,4671,051,983Lucro/(perda) líquido realizado

-1,111,317-511,328-2,459,903608,907Alteração líquida da apreciação/(depreciação) não realizada sobre investimentos edívidas derivadas de acordos de recompra inversa



----Alteração líquida da apreciação/(depreciação) não realizada sobre futuros financeiros


-2,724,94322,186-902,4361,660,890Resultado das operações

----3,671Dividendos pagos

627,38094,1346,777,47013,331,543Subscrições

-3,992,174-5,034,635-12,262,109-16,883,384Resgates

-6,089,737-4,918,315-6,387,075-1,894,622Aumento/(diminuição) dos activos líquidos



11,484,115-28,284,81631,212,648Activos líquidos no fim do período

2

2

2

6

4

4

5

7

9

227


Convertible GlobalConvertible EuropeEquity Global Minimum VarianceEquity Europe Minimum Variance

31/12/201131/12/201231/12/201131/12/201231/12/201131/12/201231/12/201131/12/2012EUREUREUREURUSDUSDEUREUR

209,737185,8351,090,4261,415,168-209,647-929,222

9,4627,158-398-209,362-635,445

199,276178,3821,080,4311,414,338----

9992959,995243-285-25

--------

--------

---189---293,752

153,243195,619323,724575,257-135,655-547,128

114,400129,175217,769350,414-52,352-169,508

-2,98110,276----3,126

30,88736,59482,271135,308-27,368-85,719

4,1014,9114,1957,556-1,267-3,416

-1692,4824,286----

3,85511,6026,18919,437-54,142-257,044

-9,130-57,831-3-27,925

-1542425-523-390

--------

--------

-1,056------

56,494-9,784766,702839,911-73,992-382,094

-85,014563,164-2,446,765181,950-705,264-3,324,423

-26,619-64,79441,901-57,178----

-1,074,975376,325-140,880-212,456----

143,023-96,046-239,372825,380-42-108,863

--------

52,609-65082,792-51,572--20,726--23,294

-934,482768,215-1,935,6221,526,035-758,572-3,792,086

-514,389-151,375-4,991,4765,276,598--226,274-778,524

28,734-1,620-66,80785,631----

-118,729262,261-29,81147,710----

9,470-46,005-55,230-431,160----285

--------

-1,529,396831,476-7,078,9466,504,814-532,298-4,570,325

-1,517-2,111------

698,6826,117,6653,864,24897,870,713-27,592,135-21,429,092

-3,408,516-4,735,750-31,789,439-71,753,606--150,804--21,624,465

-4,240,7472,211,280-35,004,13732,621,921-27,973,629-4,374,952

--------

20,414,37117,182,52088,149,84792,824,176---58,595,504

16,173,62419,393,80053,145,710125,446,097-27,973,629-62,970,456


228


Bond Euro AggregateBond Global CorporateNota


4,216,9214,200,7331,479,0114,518,011Rendimento

----Dividendos líquidos

4,156,4954,082,5641,462,6144,048,708Juros de obrigações

11,9611,8864,1844,297Juros bancários

1,990--267Rendimento sobre Acordos de Recompra Inversa

-116,283-464,739Juros recebidos sobre swaps

46,475-12,213-Outros rendimentos

811,2391,206,436238,3371,716,547Despesas


1174,1031,716479,623Comissões de desempenho






2,1447,8947,5247,763Juros bancários e encargos semelhantes

680171,603596232,942Juros pagos sobre swaps

42,9784,23510,913-Despesas sobre Acordos de Recompra

----Outras despesas

3,405,6822,994,2971,240,6742,801,464Lucro/(perda) líquido realizado de investimentos

-1,674,1158,694,612-997,0876,959,626Lucro/(perda) líquido realizado sobre títulos vendidos

9,734-24,380-543,212-14,630Lucro/(perda) líquido realizado sobre opções

-447,90043,6871,524,036-5,682,315Lucro/(perda) líquido realizado sobre contratos cambiais a prazo

-1,332,689534,146695,581-830,859Lucro/(perda) líquido realizado sobre futuros financeiros

391,684-582,404151,124-1,625,795Lucro/(perda) líquido realizado sobre swaps

485,81288,4211,156,2761,431,488Lucro/(perda) líquido realizado sobre câmbios

838,20811,748,3793,227,3923,038,979Lucro/(perda) líquido realizado

3,046,4046,145,843-6,923,81812,264,974Alteração líquida da apreciação/(depreciação) não realizada sobre investimentos edívidas derivadas de acordos de recompra inversa

10,3202,630-137,736-39,367Alteração líquida da apreciação/(depreciação) líquida não realizada sobre opções

-43,599-9,1521,441,042-1,832,537Alteração líquida da apreciação/(depreciação) não realizada sobre contratos cam-biais a prazo

-729,494-338,69649,504-788,507Alteração líquida da apreciação/(depreciação) não realizada sobre futuros financeiros

-128,018100,447-147,0041,223,819Alteração líquida da apreciação/(depreciação) não realizada sobre swaps

2,993,82117,649,451-2,490,62013,867,361Resultado das operações

-5,729,443-2,988,546-4,470-9,120Dividendos pagos

21,873,43889,884,9207,650,037221,637,148Subscrições

-102,787,816-48,561,016-28,798,883-60,687,089Resgates

-83,650,00055,984,809-23,643,936174,808,300Aumento/(diminuição) dos activos líquidos




2

2

2

6

4

4

5

7

9

229


Bond Euro High YieldBond Euro InflationBond Euro GovernmentBond Euro Corporate


13,571,35215,652,0622,541,2871,471,213211,3282,100,1249,823,36919,313,699

--------

13,480,59215,525,2002,507,5071,427,390211,0392,098,0679,707,22017,795,464

1,9525424,8253,6292892,05770,9651,867

11,9682,5598,955824--40,03030

48,427124,090-39,370---1,515,169

28,413159----5,1541,169

2,486,0552,453,6001,417,543981,43876,299462,5441,574,1514,070,688

1,660,8481,571,099864,376520,25746,187277,8261,028,6732,303,970

--10,05779,800213-7,13529,510

580,323527,677377,003228,23518,09296,267445,388810,240

40,79252,58146,26428,7502,78112,57752,181113,532

10,37211,3013,2172,492-1,5534,4114,690

173,20721,4399,4048,2128,75818,52512,93362,162

-131,094-34,564-52,930-465,166

9,31919626,619242682,404582,474

---74,447--22,831274,921

11,194-80,6034,657-4625414,023

-138,213------

11,085,29713,198,4621,123,744489,775135,0291,637,5808,249,21815,243,011

-13,613,661114,749-6,106,4584,756,893-375,1181,863,397-9,608,2667,729,441

----15,650--17,75057,295-51,425

-1,294,3471,100,747-1,297,162-389,215-31,981-55,601-2,549,2271,529,298

3,314203,880-2,576,181-383,04013,603-482,8014,075,467832,663

-1,861,7521,108,315231,416-122,010---2,416,6652,542,261

317,929-282,0851,036,888115,59025,82254,809-304,537-346,192

-5,363,22015,444,068-7,587,7534,452,343-232,6452,999,634-2,496,71527,479,057

-43,591,41734,251,838-7,801,8784,677,240462,1664,453,234-6,648,45036,657,460

------69,76132,135

-2,818,889-547,462-626,42840,603-4,7254,035-493,803116,789

8,930-377,330278,588-17,91337,925456,131907,9608,894

437,426-4,355-526,213--2,060,539519,146

-51,327,17048,766,759-15,737,4719,678,486262,7217,913,034-6,600,70864,813,481

-12,369,553-11,351,195-1,738,559-179,108-5,246-11,441-7,567,659-11,556,738

27,188,277354,372,84831,431,43063,052,8122,721,13341,014,298113,074,184606,397,735

-130,449,745-112,086,408-126,315,602-69,717,939-4,011,519-57,775,473-168,355,746-209,640,050

-166,958,191279,702,004-112,360,2022,834,251-1,032,911-8,859,582-69,449,929450,014,428

--------

538,441,718323,573,266321,869,745153,141,62213,378,755119,161,720542,831,952690,827,794

371,483,527603,275,270209,509,543155,975,87312,345,844110,302,138473,382,0231,140,842,222


230


Bond EuropeBond US Opportunistic Core PlusNota


2,456,9182,871,3292,101,5314,247,465Rendimento

--22,39611,788Dividendos líquidos

2,431,3732,868,1742,073,2894,196,199Juros de obrigações

3,9122,3555,84617Juros bancários

114800--Rendimento sobre Acordos de Recompra Inversa


21,519--39,461Outros rendimentos

616,5311,358,910595,7983,500,126Despesas

351,400419,190349,1771,228,252Comissões de gestão

-635,277161,511,531Comissões de desempenho



2,5127,72345,018176,588Comissões de distribuição


-61,216--Recepção e transmissão de ordens



92,1097,227--Despesas sobre Acordos de Recompra

-1,129180-Outras despesas

1,840,3871,512,4191,505,733747,339Lucro/(perda) líquido realizado de investimentos

-2,414,9162,267,5821,052,6723,986,121Lucro/(perda) líquido realizado sobre títulos vendidos

-188,465386,461--Lucro/(perda) líquido realizado sobre opções

598,2651,737,109-5,229,6169,651,855Lucro/(perda) líquido realizado sobre contratos cambiais a prazo

-2,913,640-1,012,226--Lucro/(perda) líquido realizado sobre futuros financeiros


562,440-589,33212,824-3,705Lucro/(perda) líquido realizado sobre câmbios

-2,515,9294,302,013-2,658,38714,381,610Lucro/(perda) líquido realizado

940,5395,648,980-575,5896,551,033Alteração líquida da apreciação/(depreciação) não realizada sobre investimentos edívidas derivadas de acordos de recompra inversa

73,67291,603--Alteração líquida da apreciação/(depreciação) líquida não realizada sobre opções

35,371311,844-241,679-2,580,233Alteração líquida da apreciação/(depreciação) não realizada sobre contratos cam-biais a prazo

-230,225-89,678--Alteração líquida da apreciação/(depreciação) não realizada sobre futuros financeiros



-996,175-886,139--1,488Dividendos pagos

11,025,00966,464,52940,606,143221,049,924Subscrições

-23,975,240-56,346,512-18,349,386-63,333,228Resgates

-15,642,97819,496,64018,781,102176,067,618Aumento/(diminuição) dos activos líquidos




2

2

2

6

4

4

5

7

9

231


Bond Emerging InflationBond Global InflationBond GlobalBond Global Aggregate

31/12/201131/12/201231/12/201131/12/201231/12/201131/12/201231/12/201131/12/2012USDUSDEUREURUSDUSDUSDUSD

962,9431,569,7851,573,9621,587,64913,821,5049,483,4314,823,64910,590,313

--------

962,5321,569,7851,545,8641,533,38613,766,8109,465,9024,628,0728,742,487

411-9,03457745,35811,66018,0737,743

--19,064--5,869--

---53,686--50,3421,840,083

----9,336-127,162-

244,017340,5351,076,7341,188,0262,636,9524,593,4791,112,1808,253,381

163,939192,184630,684682,6451,021,7621,072,101601,2301,643,062

903--278-2,451,97229,2513,079,520

59,38080,812275,115302,545471,368547,784245,380689,762

2,8714,66538,25941,41138,35755,24824,41293,815

12896018196410,79221,43016,854146,309

4,64615,3119,5229,56421,30776,07736,406317,985

-27,264-26,273-163,271-549,833

12,15019,2856,90414351,3626,15255,9082,851

--109,552121,917---1,686,831

--6,5172,2861,022,004197,680102,73943,413

-54---1,764--

718,9261,229,250497,228399,62311,184,5524,889,9523,711,4692,336,932

-1,934,536-141,9461,464,7031,180,787-8,265,8091,386,606-2,623,2796,253,219

--5,455--19,1201,972,086806,530-4,729,506-4,910,690

405,678-2,675-10,421,4481,652,2845,316,276-6,346,4476,888,575-5,489,716

---2,358,853-84,945-27,637,661521,647-8,661,2463,417,671

--172,07971,072--3,822,745-2,099,953

-835,553-115,4944,401,572116,50011,025,8484,994,5736,589,5776,202,739

-1,645,485963,680-6,244,7193,316,201-6,404,7086,252,8614,998,3355,710,202

-4,107,6257,204,55418,382,289-167,481-47,739,13337,794,167-28,519,81637,007,567

----1,875,682-220,343-3,176,3131,895,079

-165,427-134,017-4,003,1371,552,3266,349,127-6,659,2633,168,941-9,692,297

--141,531-22,440-1,899,518-613,031-215,170-37,942

---518,797--377,588-267,962

-5,918,5378,034,2178,275,9645,197,403-47,818,55036,554,391-23,366,43534,614,647

--320-422,520-268,975-3,185,389-1,497,049-234,454-1,307,141

5,162,85541,585,26756,230,55449,161,40545,025,065258,003,83968,539,332552,155,642

-7,217,152-25,352,071-43,368,589-32,965,968-216,252,181-97,641,100-124,447,649-124,488,161

-7,972,83424,267,09320,715,40921,123,865-222,231,055195,420,081-79,509,206460,974,987

--------

60,061,97775,587,934175,317,479176,414,557465,541,274240,470,608197,940,627226,491,822

52,089,14399,855,027196,032,888197,538,422243,310,219435,890,689118,431,421687,466,809


232


Bond Global Emerging CorporateBond Global EmergingNota


-2,760,4184,273,8754,757,416Rendimento

--176,682-Dividendos líquidos

-2,760,3784,092,3984,752,062Juros de obrigações

-404,7955,354Juros bancários




-1,129,0061,233,9502,014,967Despesas

-301,302599,0921,027,970Comissões de gestão

-585,859212267,909Comissões de desempenho

-100,172181,787306,206Comissões de administração

-6,5087,64233,901Taxe d’abonnement

-15,32921,652Comissões de distribuição

-10,83970,78787,673Comissões de corretagens e transacções


-1,363369,1017,802Juros bancários e encargos semelhantes



----Outras despesas

-1,631,4123,039,9252,742,449Lucro/(perda) líquido realizado de investimentos

-1,817,087-2,104,3652,176,341Lucro/(perda) líquido realizado sobre títulos vendidos

---2,021,668-3,948,606Lucro/(perda) líquido realizado sobre opções

--143,016-2,189,967579,726Lucro/(perda) líquido realizado sobre contratos cambiais a prazo

--62,058-60,231-103,427Lucro/(perda) líquido realizado sobre futuros financeiros


-83,581-2,089,0032,868,123Lucro/(perda) líquido realizado sobre câmbios

-3,327,006-5,425,3094,314,606Lucro/(perda) líquido realizado

-5,740,679-11,293,71112,800,550Alteração líquida da apreciação/(depreciação) não realizada sobre investimentos edívidas derivadas de acordos de recompra inversa

--563,0881,754,947Alteração líquida da apreciação/(depreciação) líquida não realizada sobre opções

--61,463-1,219,811-1,194,767Alteração líquida da apreciação/(depreciação) não realizada sobre contratos cam-biais a prazo

-59,4566,85963,797Alteração líquida da apreciação/(depreciação) não realizada sobre futuros financeiros


-9,065,678-17,368,88417,739,133Resultado das operações

---198,333-425,445Dividendos pagos

-89,845,94652,024,480143,121,913Subscrições

--17,782,277-57,069,452-31,498,837Resgates

-81,129,347-22,612,189128,936,764Aumento/(diminuição) dos activos líquidos


-58,979,326125,702,451130,512,783Activos líquidos no início do período (01/07/12)

-140,108,673103,090,262259,449,547Activos líquidos no fim do período

2

2

2

6

4

4

5

7

9

233


Index Equity North AmericaIndex Equity EuropeIndex Equity EuroMulti Asset Emerging Markets

31/12/201131/12/201231/12/201131/12/201231/12/201131/12/201231/12/201131/12/2012EUREUREUREUREUREURUSDUSD

4,009,8765,267,4853,922,5134,737,4071,343,3741,024,282-259,307

3,960,5655,157,9723,473,5633,859,7511,080,724777,323-93,400

-------165,906

3,0129595,3354934,74618-1

--------

--------

46,299108,554443,615877,163257,904246,941--

430,941598,440352,824542,111193,752232,305-170,403

237,503285,734198,538231,32290,06371,283-57,572

-------12,823

150,082199,985103,514122,28354,75846,185-40,587

17,22136,71020,24023,52311,6139,787-3,349

--------

17,22545,02828,693114,47737,20670,772-56,068

-16,547-46,126-31,132--

8,91014,4361,8394,3801123,053-4

--------

--------

-----93--

3,578,9354,669,0453,569,6894,195,2961,149,622791,977-88,904

7,396,2398,822,083-2,982,02014,451,309-5,840,758459,032-73,684

--------

774,436-166,097-----217,722

180,306216,991-821,183218,490-660,301450,245-142,259

--------

-193,907189,31266,33240,299----5,165

11,736,00913,731,334-167,18218,905,394-5,351,4371,701,254-517,404

18,439,019-3,955,524-40,752,80835,105,815-35,721,78221,552,726-4,303,630

--------

-7,181136,691------86,491

-68,054-309,378-84,678-142,52632,895-55,410-49,962

--------

30,099,7939,603,123-41,004,66853,868,683-41,040,32423,198,570-4,784,505

-3,209,899-2,673,669-9,999,816-8,587,423-917,083-94,018--

127,222,838109,361,51877,577,76462,057,49797,002,34347,685,715-149,088,287

-113,252,727-85,074,055-55,963,938-126,456,839-44,638,859-73,359,248--66,990,964

40,860,00531,216,917-29,390,658-19,118,08210,406,077-2,568,981-86,881,828

--------

487,286,249519,386,713450,844,604464,996,715232,034,310162,503,156--

528,146,254550,603,630421,453,946445,878,633242,440,387159,934,175-86,881,828


234


Index Global Bond (EUR) HedgedIndex Equity PacificNota


8,139,3279,189,2861,486,5151,717,158Rendimento

--1,479,8591,716,038Dividendos líquidos

8,130,9759,188,020--Juros de obrigações

8,3521,2666,6561,120Juros bancários




540,318692,922148,031180,401Despesas


----Comissões de desempenho



----Comissões de distribuição


-68,372--Recepção e transmissão de ordens

2215236,2616,699Juros bancários e encargos semelhantes



----Outras despesas

7,599,0098,496,3641,338,4841,536,757Lucro/(perda) líquido realizado de investimentos

3,232,2709,614,42450,1881,181,433Lucro/(perda) líquido realizado sobre títulos vendidos


-19,709,74547,205,092-948-Lucro/(perda) líquido realizado sobre contratos cambiais a prazo

300,52620,001-130,52146,228Lucro/(perda) líquido realizado sobre futuros financeiros


-9,604,005-25,841,489179,242-25,901Lucro/(perda) líquido realizado sobre câmbios

-18,181,94539,494,3921,436,4452,738,517Lucro/(perda) líquido realizado

50,513,927-31,928,878-4,580,8672,328,789Alteração líquida da apreciação/(depreciação) não realizada sobre investimentos edívidas derivadas de acordos de recompra inversa


-12,881,6192,068,014948-Alteração líquida da apreciação/(depreciação) não realizada sobre contratos cam-biais a prazo

-1,55329,490-68,537-38,197Alteração líquida da apreciação/(depreciação) não realizada sobre futuros financeiros


19,448,8109,663,018-3,212,0115,029,109Resultado das operações

-183-188-821,197-908,188Dividendos pagos

381,421,79968,148,67638,987,26330,601,045Subscrições

-100,162,988-191,967,301-31,469,507-30,595,594Resgates

300,707,438-114,155,7953,484,5484,126,372Aumento/(diminuição) dos activos líquidos




2

2

2

6

4

4

5

7

9

235


Absolute Statistical ArbitrageAbsolute VaR 4(EUR)Absolute VaR 2(EUR)Absolute Forex


280,224193,120990,0421,047,1071,136,565596,5911,443,94221,476

118,746148,599101,38697,358----

128,68443,391849,259930,3861,050,630583,951732,18314,331

5,30530428,3733,34844,4632,089131,0535,288

27,489826------

---11,08841,46710,551580,7061,857

--11,0244,9275---

426,223369,137612,667620,132766,586440,0521,853,607751,794

279,127184,299413,384383,162294,978168,294698,947187,663

--715552225,50210,251362,420

89,36960,107144,525109,600153,18985,020437,72776,781

4,8052,94921,22814,84319,95012,52052,0107,786

1131121312015,3671,899

52,768110,9609,64363,58910,31025,90021,76146,233

-8,629-21,572-5,687-65,654

1432,147256151,58595,246113

---12,80241,92711,773622,2983,245

---490-2,776--

-1522,91514,002244,494102,370--

-145,999-176,017377,375426,975369,979156,539-409,665-730,318

-16,677,563339,591-1,935,158852,060-3,426,817192,069951,494-234,945

19,2135,925-235,934-335,024-226,800-463,540-384,952-465,430

-1,074,632332,785-1,096,354-1,988,255-550,619377,417-8,686,2032,852,485

6,474,067-1,391,526-1,759,794-1,951,447-2,363,680-171,090-472,665-75,803

--------

1,88720,973437,351-649,45355,041-189,7341,940,421-16,109

-11,403,027-868,269-4,212,514-3,645,144-6,142,896-98,339-7,061,5701,329,880

2,354,911105,333-1,625,711606,065673,778209,793332,700-35,705

12,768---657,140293,364110,344629,021185,100

-811,831-73,149-252,0971,595,380-278,187123,897-593,089760,882

1,670,176501,733-156,020556,107-253,855-49,242264,892-120,974

81,816-274,927-399-1,015437-30,876430

-8,095,187-609,279-6,246,342-1,544,333-5,708,811296,890-6,458,9222,119,613

---119,426-25,504-35,830-9,015--

4,950,34879,3901,197,8084,319,1226,902,1294,433,477127,862,47245,282,974

-44,582,714-8,401,923-32,088,399-28,195,343-81,554,235-18,711,251-175,524,231-60,659,649

-47,727,553-8,931,812-37,256,359-25,446,058-80,396,747-13,989,899-54,120,681-13,257,062

--------

118,572,74761,912,771116,435,254124,542,927176,761,84267,640,052389,404,462124,356,714

70,845,19452,980,95979,178,89599,096,86996,365,09553,650,153335,283,781111,099,652


236


Absolute Volatility ArbitrageAbsolute High YieldNota


2,279,961609,0832,137,0732,163,267Rendimento

125,178123,9934,4005,925Dividendos líquidos

1,349,390428,5972,087,0071,843,843Juros de obrigações

41,7991,9323,409132Juros bancários

588,8174,46842,2577,685Rendimento sobre Acordos de Recompra Inversa

106,5442,849-305,682Juros recebidos sobre swaps

68,23347,244--Outros rendimentos

2,095,0901,583,889578,8041,213,821Despesas

1,358,324590,009397,183351,474Comissões de gestão

-38,868611421,151Comissões de desempenho



3801,053-277Comissões de distribuição




119,3033,6748,100273,625Juros pagos sobre swaps


--4972,485Outras despesas

184,871-974,8061,558,269949,446Lucro/(perda) líquido realizado de investimentos

474,3511,691,823-1,395,081-393,110Lucro/(perda) líquido realizado sobre títulos vendidos

1,594,9942,633,986--Lucro/(perda) líquido realizado sobre opções

-2,866,515635,068-188,89354,597Lucro/(perda) líquido realizado sobre contratos cambiais a prazo

-4,770,819-3,332,400-532,680-2,070Lucro/(perda) líquido realizado sobre futuros financeiros

---1,227,201-131,530Lucro/(perda) líquido realizado sobre swaps

2,192,529-586,26487,695-1,045Lucro/(perda) líquido realizado sobre câmbios

-3,190,58967,407-1,697,891476,288Lucro/(perda) líquido realizado

-1,837,582-888,821-1,527,861805,791Alteração líquida da apreciação/(depreciação) não realizada sobre investimentos edívidas derivadas de acordos de recompra inversa

95,5491,860,998--Alteração líquida da apreciação/(depreciação) líquida não realizada sobre opções

-460,307692,585-434,383-57,735Alteração líquida da apreciação/(depreciação) não realizada sobre contratos cam-biais a prazo

508,179-700,21830,215-10,980Alteração líquida da apreciação/(depreciação) não realizada sobre futuros financeiros

-15,143585-459,805765,062Alteração líquida da apreciação/(depreciação) não realizada sobre swaps


---27,812-29,686Dividendos pagos

201,800,44917,752,97831,649,60212,681,507Subscrições

-370,626,085-79,160,772-132,045,552-21,860,641Resgates

-173,725,529-60,375,258-104,513,487-7,230,394Aumento/(diminuição) dos activos líquidos




2

2

2

6

4

4

5

7

9

237


Cash EURAbsolute Volatility World EquitiesAbsolute Volatility Euro EquitiesAbsolute Volatility Arbitrage Plus

31/12/201131/12/201231/12/201131/12/201231/12/201131/12/201231/12/201131/12/2012EUREURUSDUSDEUREUREUREUR

8,381,0353,514,2455,534,6481,680,4316,879,8763,996,548297464,650

-1,883-----139,347

4,141,5323,119,8953,897,4851,311,5804,421,3021,299,638297276,438

281,34722,80221,3691,84225,17235,972-835

1,199,122-1,014,621287,8031,704,797336,367-568

2,759,034286,818601,17379,181728,60593,144--

-82,847-25-2,231,427-47,462

5,605,1742,525,35617,754,28814,690,42020,144,10516,693,32412,6231,572,779

1,481,9821,349,7706,136,5729,205,7169,596,15011,361,6909,996411,158

--9,205,4606,4086,802,01296,084-267,734

660,941562,6841,470,1202,191,0132,600,1292,931,5481,43158,854

164,97627,639185,706287,304331,673377,7841,1966,216

99,53586,9601,44435,8955,74522,508--

6,5782,48758,0532,456,32315,3421,503,586-704,315

-106,430-401,431-256,117-119,051

15,09770147,08923,7899,05949,120-5,451

3,176,065388,685649,84482,541783,99594,887--

--------

--------

2,775,861988,889-12,219,640-13,009,989-13,264,229-12,696,776-12,326-1,108,129

2,602,4031,374,939-53,426,51319,395,8231,434,535963,60420,1092,175,375

---167,839,231-144,187,316111,121,84887,108,127-22,6992,806,102

--46,470,4552,438,1027,674,821-4,879,942-614,520

---30,741,25663,732,591-428,123,6285,493,467-5,196-3,914,325

--------

3-110,634,892-5,521,64966,623-7,440-14,369-426,730

5,378,2672,363,827-207,121,293-77,152,438-321,090,03075,981,040-34,481146,813

670,727-41,561-53,673,41841,003,047-100,336-163,130151,648-828,241

--294,584,39822,401,111418,762,124-185,173,365-22,7422,343,357

--1,067,859-325,6271,709,2123,472,515-9,383854,819

--10,400,206-50,166,52813,472,431-10,347,919-86,384-945,626

-9,429267-53,3824,262-61,2863,562--

6,039,5652,322,53345,204,370-64,236,173112,692,115-116,227,297-1,3421,571,122

--57,797--337----153,355

866,606,619508,312,266685,857,400859,806,581471,272,3561,174,646,78747,500,74223,333,335

-982,802,440-706,804,465-1,081,804,398-948,357,163-1,469,328,239-1,024,052,550--10,168,693

-110,156,256-196,227,463-350,742,628-152,787,092-885,363,76834,366,94047,499,40014,582,409

--------

1,339,968,8171,157,990,5732,119,712,5752,738,903,8212,629,337,0062,587,252,893-113,059,264

1,229,812,561961,763,1101,768,969,9472,586,116,7291,743,973,2382,621,619,83347,499,400127,641,673


238


ConsolidadoCash USDNota


172,972,979164,071,139147,235107,304Rendimento

75,797,77461,169,185--Dividendos líquidos

85,160,06592,773,74358,30751,767Juros de obrigações

1,107,504217,93270,03228,677Juros bancários

4,430,875583,852-8,930Rendimento sobre Acordos de Recompra Inversa

4,786,0494,382,44118,89617,930Juros recebidos sobre swaps

1,690,7124,943,986--Outros rendimentos

118,252,543121,868,700406,643410,942Despesas


15,704,8349,997,682--Comissões de desempenho

22,295,91521,476,703182,856187,942Comissões de administração

2,069,3262,140,13543,87917,283Taxe d’abonnement

376,777679,3861,6202,790Comissões de distribuição

2,782,27514,956,7388,8697,375Comissões de corretagens e transacções

-3,918,438-45,820Recepção e transmissão de ordens


5,420,9212,964,03838,11618,080Juros pagos sobre swaps

1,110,732209,023--Despesas sobre Acordos de Recompra

291,256276,919--Outras despesas

54,720,43642,202,439-259,408-303,638Lucro/(perda) líquido realizado de investimentos

-472,664,42874,189,206-7,656,8422,168,716Lucro/(perda) líquido realizado sobre títulos vendidos

-22,703,666-24,745,700--Lucro/(perda) líquido realizado sobre opções

-23,470,87959,780,811-361,577105,757Lucro/(perda) líquido realizado sobre contratos cambiais a prazo

-498,670,50546,297,426--Lucro/(perda) líquido realizado sobre futuros financeiros

-1,649,26059,743--Lucro/(perda) líquido realizado sobre swaps

21,444,039-22,151,8338,472,152-1,204,035Lucro/(perda) líquido realizado sobre câmbios

-942,994,263175,632,092194,325766,800Lucro/(perda) líquido realizado

-1,354,423,669886,190,277357,706-51,759Alteração líquida da apreciação/(depreciação) não realizada sobre investimentos edívidas derivadas de acordos de recompra inversa

645,661,150-161,513,192--Alteração líquida da apreciação/(depreciação) líquida não realizada sobre opções

-14,096,665-11,297,912-2,99615,496Alteração líquida da apreciação/(depreciação) não realizada sobre contratos cam-biais a prazo

21,848,040-52,061,628--Alteração líquida da apreciação/(depreciação) não realizada sobre futuros financeiros

2,010,5872,883,262--1,379Alteração líquida da apreciação/(depreciação) não realizada sobre swaps

-1,641,994,820839,832,899549,035729,158Resultado das operações

-46,891,595-46,000,473--Dividendos pagos

5,315,740,5726,622,531,143106,508,412115,346,114Subscrições

-8,364,904,498-5,651,335,124-252,164,955-160,895,069Resgates

-4,738,050,3411,765,028,445-145,107,508-44,819,797Aumento/(diminuição) dos activos líquidos

1,037,699,342-303,976,848--Reavaliação do valor do activo líquido consolidado de abertura

19,068,287,60416,842,477,469469,174,282382,486,834Activos líquidos no início do período (01/07/12)

15,367,936,60518,303,529,066324,066,774337,667,037Activos líquidos no fim do período

2

2

2

6

4

4

5

7

9

Notas sobre Declarações Financeiras em 31/12/12

240

1 INTRODUÇÃO

O Amundi Funds (o “Fundo”) está organizado como uma “Société d’Investissement à Capital Variable” (“SICAV”), ao abrigo das leis do Grão-Ducado do Luxemburgo.O Fundo, inicialmente Groupe Indosuez Funds FCP, um fundo de investimento mútuo não constituído em sociedade (“Fonds Commun de Placement”), criado em 18de Julho de 1985, foi transformado, de acordo com o Artigo 110 (2) da lei de 30 de Março de 1988 sobre Organismos de Investimento Colectivo, e renomeado comoGIF SICAV II em 15 de Março de 1999. A escritura de transformação e os Artigos de Constituição (os “Artigos”) foram publicados no Mémorial, Recueil des Sociétéset Associations, em 28 de Abril de 1999. O nome do Fundo foi, então, alterado para GIF SICAV em 1 de Dezembro de 1999, para Crédit Agricole Funds em 8 deDezembro de 2000 e para CAAM Funds em 1 de Julho de 2007. Em 2 de Março de 2010, de acordo com a decisão tomada pelos accionistas, no âmbito da AssembleiaGeral Extraordinária de 23 de Novembro de 2009, e por decisão do Conselho de Administração, tomada em 23 de Dezembro de 2009, o CAAM Funds foi renomeadocomo Amundi Funds.

As alterações aos Artigos foram publicadas no Mémorial, Recueil des Sociétés et Associations, respectivamente, em 14 de Janeiro de 2000, em 17 de Janeiro de 2001e em 13 de Junho de 2007, para as três primeiras alterações de nome, e em 3 de Abril de 2010, para a última. Foi realizada uma última correcção aos Artigos deConstituição, em 14 de Março de 2012, publicados no Mémorial, Recueil des Sociétés et Associations - C, número 943, em 12 de Abril de 2012. Desde 1 de Julho de2011, o Fundo está sujeito à parte I da lei com data de 17 de Dezembro de 2010 sobre UCITS (“Lei 2010”).

O subfundo seguinte foi fundido em 12 de Setembro de 2012:- Amundi Funds Equity Global Clean Planet fundiu-se ao Amundi Funds Equity Global Aqua.

Os subfundos seguintes foram renomeados em 3 de Dezembro de 2012:- Amundi Funds Money Market Euro é agora Amundi Funds Cash EUR;- Amundi Funds Money Market USD é agora Amundi Funds Cash USD.

Foram lançados os seguintes subfundos:- Amundi Funds Equity Global Minimum Variance em 9 de Julho de 2012;- Amundi Funds Multi Asset Emerging Markets em 15 de Novembro de 2012.

Com base no valor do câmbio, calculado a partir do respectivo valor do activo líquido com data de 13 de Dezembro de 2012, das acções do referido subfundo, o FCPfrancês seguinte foi introduzido a partir de 14 de Dezembro de 2012 no Fundo, conforme segue:- FCP SG Alpha Forex para o Amundi Funds Absolute Forex.

Relativamente ao prospecto de Outubro de 2012, em 31 de Dezembro de 2012, o Fundo consistia em 66 subfundos em actividade, cada um investindo num mercadoou grupo de mercados específicos.Amundi Funds Equity Euroland Value, Amundi Funds Equity Global Alpha, Amundi Funds Equity Japan Target, Amundi Funds Equity US Concentrated Core, AmundiFunds Equity US Growth, Amundi Funds Equity US Relative Value, Amundi Funds Equity Global Select, Amundi Funds Equity Japan Value, Amundi Funds Equity EuroSelect, Amundi Funds Equity Europe Select, Amundi Funds Equity Euroland Small Cap, Amundi Funds Equity Global Gold Mines, Amundi Funds Equity Global Luxuryand Lifestyle, Amundi Funds Equity Global Agriculture, Amundi Funds Equity Global Resources, Amundi Funds Equity Europe Restructuring, Amundi Funds EquityASEAN, Amundi Funds Equity Asia ex Japan, Amundi Funds Equity Brazil, Amundi Funds Equity Emerging Europe, Amundi Funds Equity Emerging Internal Demand, Amundi Funds Equity Emerging World, Amundi Funds Equity MENA, Amundi Funds Equity Greater China, Amundi Funds Equity India, Amundi Funds Equity India Select, Amundi Funds Equity India Infrastructure, Amundi Funds Equity Korea, Amundi Funds Equity Latin America, Amundi Funds Equity Thailand, Amundi Funds Equity GlobalAqua, Amundi Funds Equity Europe Minimum Variance, Amundi Funds Equity Global Minimum Variance, Amundi Funds Convertible Europe, Amundi Funds ConvertibleGlobal, Amundi Funds Bond Global Corporate, Amundi Funds Bond Euro Aggregate, Amundi Funds Bond Euro Corporate, Amundi Funds Bond Euro Government,Amundi Funds Bond Euro Inflation, Amundi Funds Bond Euro High Yield, Amundi Funds Bond US Opportunistic Core Plus, Amundi Funds Bond Europe, Amundi FundsBond Global Aggregate, Amundi Funds Bond Global, Amundi Funds Bond Global Inflation, Amundi Funds Bond Emerging Inflation, Amundi Funds Bond Global Emerging, Amundi Funds Bond Global Emerging Corporate, Amundi Funds Multi Asset Emerging Markets, Amundi Funds Index Equity Euro, Amundi Funds Index Equity Europe, Amundi Funds Index Equity North America, Amundi Funds Index Equity Pacific, Amundi Funds Index Global Bond (EUR) Hedged, Amundi Funds Absolute Forex,Amundi Funds Absolute VaR 2(EUR), Amundi Funds Absolute VaR 4(EUR), Amundi Funds Absolute Statistical Arbitrage, Amundi Funds Absolute High Yield, AmundiFunds Absolute Volatility Arbitrage, Amundi Funds Absolute Volatility Arbitrage Plus, Amundi Funds Absolute Volatility Euro Equities, Amundi Funds Absolute VolatilityWorld Equities, Amundi Funds Cash EUR e Amundi Funds Cash USD.


241

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o, in

depe

nden

tem

ente

do(

s) S

ubfu

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xcep

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dica

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e ou

tra fo

rma

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bela

. Pod

e se

r ava

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rem

otam

ente

, no

caso

de

um ú

nico

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or, o

u em

con

junt

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so d

e em

pres

as d

o m

esm

ogr

upo,

det

idas

a 1

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pel

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esm

a em

pres

a m

atriz

e in

vest

indo

por

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pria

con

ta.

2 N

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erá

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ada

qual

quer

taxa

de

conv

ersã

o pa

ra u

ma

alte

raçã

o da

Cla

sse

de A

cçõe

s ou

Cat

egor

ia d

entro

do

mes

mo

subf

undo

.3

Par

a as

cla

sses

XU

e X

E, e

ste

inve

stim

ento

mín

imo

deve

ser

ava

liado

ao

níve

l das

resp

ectiv

as C

lass

es d

e C

ateg

oria

, no

caso

de

um ú

nico

inve

stid

or in

stitu

cion

al, o

u em

con

junt

o, n

o ca

so d

e em

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as d

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upo,

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pel

a m

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a em

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atriz

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vest

indo

por

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pria

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ta.

Classes de Acções

Est

a ta

bela

por

men

oriz

a as

car

acte

rístic

as d

e ca

da C

lass

e de

Acç

ões.


242

Denominação

Investidores


Fiscalidade

Investimento

Mínimo1

Distribuição/

Acumulação

Comissão de

subscrição

Taxa de

conversão2

Comissão

de resgate

Cla

sse

IHC

IHC

Inve

stid

ores

Inst

ituci

onai

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bas

e (C

HF)

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com

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moe

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Equ

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e (E

UR

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lass

e co

m c

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ir o

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UR

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ival

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ente

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oriz

ados

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o

- moe

da b

ase

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I:- m

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BP

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lass

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m c

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.U

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0%M

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ada

mon

tant

e de

inve

stim

ento

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imo

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l da

resp

ectiv

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ateg

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sses

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te d

o(s)

Sub

fund

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cado

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la. P

ara

a C

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Cla

sse

I, ex

cept

o pa

ra a

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asse

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U e

XE

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ain

vest

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er a

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l do

Fund

o, in

depe

nden

tem

ente

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s) S

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s), e

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e in

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e ou

tra fo

rma

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. Pod

e se

r ava

liado

rem

otam

ente

, no

caso

de

um ú

nico

inve

stid

or, o

u em

con

junt

o, n

o ca

so d

e em

pres

as d

o m

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upo,

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a m

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a em

pres

a m

atriz

e in

vest

indo

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pria

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ta.

2 N

ão s

erá

aplic

ada

qual

quer

taxa

de

conv

ersã

o pa

ra u

ma

alte

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o da

Cla

sse

de A

cçõe

s ou

Cat

egor

ia d

entro

do

mes

mo

subf

undo

.


243

Denominação

Investidores


Fiscalidade

Investimento

Mínimo1

Distribuição/

Acumulação

Comissão de

subscrição

Taxa de

conversão2

Comissão

de resgate

Categoria de Classe M

Cla

sse

MC

MC

GP

F e

OIC

VM

de

Itália

, OIC

ou m

anda

tos

auto

rizad

os p

elo

Con

selh

o

Den

omin

ado

em C

HF

0,01

% p

.a.

-A

cum

ulaç

ãoM

áx. 2

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. 1.0

0%-

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sse

ME

ME

Den

omin

ado

em E

UR

Cla

sse

MG

MG

Den

omin

ado

em G

BP

Cla

sse

MJ

MJ

Den

omin

ado

em J

PY

Cla

sse

MU

MU

Den

omin

ado

em U

SD

Cla

sse

MH

EM

HE

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da b

ase

(EU

R)

- Cla

sse

com

cob

ertu

ra d

e ris

co(e

sta

oper

ação

vis

a co

brir

o VA

L em

EU

R re

lativ

amen

te à

moe

da d

ede

nom

inaç

ão d

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spec

tivo

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fund

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Cla

sse

MH

JM

HJ

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da b

ase

(JP

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sse

com

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e ris

co

(est

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VAL

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amen

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moe

da d

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nom

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undo

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Categoria de Classe O

Cla

sse

OC

OC

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stid

ores

Inst

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ses

peci

ficam

ente

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ados

pelo

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o

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omin

ado

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sse

OE

OE

Den

omin

ado

em E

UR

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ival

ente

em

EU

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eU

SD

500

,000

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sse

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OG

Den

omin

ado

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Sub

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ara

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Cla

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cept

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ra a

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asse

s X

U e

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l do

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tem

ente

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s), e

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e in

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e ou

tra fo

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. Pod

e se

r ava

liado

rem

otam

ente

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caso

de

um ú

nico

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stid

or, o

u em

con

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e em

pres

as d

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upo,

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ma

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esa

mat

riz e

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stin

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ua p

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ia c

onta

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ão s

erá

aplic

ada

qual

quer

taxa

de

conv

ersã

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ra u

ma

alte

raçã

o da

Cla

sse

de A

cçõe

s ou

Cat

egor

ia d

entro

do

mes

mo

subf

undo

.


244

Denominação

Investidores


Fiscalidade

Investimento

Mínimo1

Distribuição/

Acumulação

Comissão de

subscrição

Taxa de

conversão2

Comissão

de resgate

Categoria de Classe A

Cla

sse

AC

AC

Todo

s os

Inve

stid

ores

Den

omin

ado

em C

HF

0.05

% p

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cum

ulaç

ão/

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0%M

áx. 1

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Cla

sse

AE

AE

Den

omin

ado

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UR

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sse

AG

AG

Den

omin

ado

em G

BP

Cla

sse

AJ

AJ

Den

omin

ado

em J

PY

Cla

sse

AU

AU

Den

omin

ado

em U

SD

Cla

sse

AH

CA

HC

Todo

s os

Inve

stid

ores

- moe

da b

ase

(CH

F)- C

lass

e co

m c

ober

tura

de

risco

(est

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eraç

ão v

isa

cobr

ir o

VAL

em C

HF

rela

tivam

ente

à m

oeda

de

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min

ação

do

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ectiv

o S

ubfu

ndo)

0.05

% p

.a.

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cum

ulaç

ãoM

áx. 4

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. 1.0

0%-

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sse

AH

EA

HE

Todo

s os

Inve

stid

ores

- moe

da b

ase

(EU

R)

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sse

com

cob

ertu

ra d

e ris

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sta

oper

ação

vis

a co

brir

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EU

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te à

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sse

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HG

Todo

s os

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da b

ase

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sse

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e ris

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ação

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brir

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GB

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amen

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ase

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D)

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ação

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ara

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imo

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l da

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fund

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epto

se

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cado

de

outra

form

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tabe

la. P

ara

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oria

Cla

sse

I, ex

cept

o pa

ra a

s cl

asse

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XE

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ain

vest

imen

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ve s

er a

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níve

l do

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nden

tem

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do(

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s), e

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r ava

liado

rem

otam

ente

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caso

de

um ú

nico

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or, o

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.


245

Denominação

Investidores


Fiscalidade

Investimento

Mínimo1

Distribuição/

Acumulação

Comissão de

subscrição

Taxa de

conversão2

Comissão

de resgate

Cla

sse

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lass

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do

mes

mo

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.


246

Denominação

Investidores


Fiscalidade

Investimento

Mínimo1

Distribuição/

Acumulação

Comissão de

subscrição

Taxa de

conversão2

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de resgate

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sse

SC

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ões

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nas

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sse

de A

cçõe

s ou

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entro

do

mes

mo

subf

undo

.


247

Denominação

Investidores


Fiscalidade

Investimento

Mínimo1

Distribuição/

Acumulação

Comissão de

subscrição

Taxa de

conversão2

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de resgate

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vest

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2 N

ão s

erá

aplic

ada

qual

quer

taxa

de

conv

ersã

o pa

ra u

ma

alte

raçã

o da

Cla

sse

de A

cçõe

s ou

Cat

egor

ia d

entro

do

mes

mo

subf

undo

.


248

2 PRINCIPAL CONVENÇÕES CONTABILÍSTICAS

n APRESENTAÇÃO DE DECLARAÇÕES FINANCEIRAS

As declarações financeiras do Fundo foram preparadas de acordo com as disposições legais e reguladoras em vigor no Luxemburgo, relativas às obrigações deinvestimento colectivo.

As declarações financeiras são apresentadas com base no último Valor de Activo Líquido (“VAL”) calculado durante o período financeiro. De acordo com o prospectocom data de 14 de Outubro de 2012, os VAL foram calculados utilizando os últimos valores de mercado e as taxas de câmbio conhecidas na altura do cálculo:- Amundi Funds Index Equity Pacific: 27 de Dezembro de 2012,- Amundi Funds Index Equity Euro, Amundi Funds Index Equity Europe, Amundi Funds Index Global Bond (EUR) Hedged: 28 de Dezembro de 2012, - Para todos os outros subfundos: 31 de Dezembro de 2012.

No relatório semianual de 31 de Dezembro de 2011, os subfundos fundidos ou liquidados durante este ano foram apresentados separadamente no Extracto de Operações eAlterações em Activos Líquidos, e foram incluídos nas figuras consolidadas. No relatório semianual de 31 de Dezembro de 2012, estes subfundos já não foram apresentadosseparadamente na Declaração de Operações e Alterações em Activos Líquidos, embora ainda tivessem sido incluídos nos números consolidados de 31 de Dezembro de 2012.

n Carteira de títulos - Os títulos transferíveis listados numa Bolsa de Valores ou num mercado regulado são avaliados pelo seu último preço conhecido. Se estespreços não forem representativos ou se os títulos não estiverem listados, são avaliados pelo seu valor de realização razoavelmente provável, determinado comcuidado e de boa fé pelo Conselho de Administração.

n Conversão de itens expressos em moedas estrangeiras - As declarações financeiras do Fundo são expressas em Euro (EUR). Os activos líquidos de cadasubfundo, expressos em moedas estrangeiras, são, assim, convertidos e consolidados em EUR à taxa de câmbio em vigor no encerramento do período financeiro.Os custos de transacções e aquisições para títulos da carteira expressos em moedas estrangeiras são convertidos para a moeda de contabilidade do respectivosubfundo, à taxa de câmbio em vigor na data de transacção ou aquisição, conforme aplicável. Os valores de avaliação para títulos na carteira, e de outros activose passivos expressos em moedas estrangeiras, são convertidos para a moeda de contabilidade do respectivo subfundo, à taxa de câmbio em vigor no encerramentodo período financeiro. As diferenças cambiais resultantes destas conversões são registadas na Declaração de Operações e Alterações em activos líquidos.

n Retorno sobre investimentos - Os dividendos são introduzidos como rendimentos na data em que forem declarados e na medida em que a informação adequada possa ser obtida pelo Fundo. Os juros são inseridos diariamente.

n Distribuição de custos e despesas - Cada subfundo comporta custos e despesas especificamente atribuídos ao mesmo. Os custos e as despesas não atribuíveis a um subfundo específico são distribuídos entre os subfundos numa base equitativa, em proporção com os respectivos Activos Líquidos.

n Acordos de recompra - Os Acordos de Recompra (Repos) são equivalentes a empréstimos garantidos por activos subjacentes, apresentados na carteira de títulos do subfundo que continua exposto ao risco de mercado. Os Acordos de Recompra Inversa (Reverse Repos) são similares a empréstimos garantidos.Neste caso, o subfundo não está sujeito ao risco de depreciação no valor dos activos subjacentes. Os Acordos de Recompra e Recompra Inversa sãoconsiderados empréstimos concedidos e contraídos, respectivamente, da soma dos activos líquidos recebidos e/ou pagos.

n Contratos de futuros - Os contratos de futuros não-expirados são avaliados pelo seu último preço conhecido à data da avaliação ou na data de encerramento, e as apreciações ou depreciações não-realizadas daí resultantes são registadas na Declaração de Activos Líquidos.

n Contratos de futuros em moeda estrangeira - Os contratos de futuros em moeda estrangeira não-expirados são avaliados pelas taxas de câmbio aplicáveisà data da avaliação ou na data de encerramento, e as apreciações ou depreciações não-realizadas daí resultantes são registadas na Declaração de Activos Líquidos.

n Avaliação de opções - Opções oficialmente listadas num mercado bolsista ou em qualquer outro mercado regulado, a operar de forma regular, reconhecidas e abertas ao público, sendo avaliadas com base nos seus preços de encerramento no dia da avaliação ou, na ausência desses preços, com base nos últimospreços conhecidos. Se estes últimos preços conhecidos não forem representativos, a avaliação será baseada no valor de realização provável estimado peloConselho de Administração, com prudência e boa fé. As opções monetárias são avaliadas pelo valor de mercado.

n Swaps - O Fundo está autorizado a entrar em swaps de volatilidade, swaps de correlação, swaps de incumprimento, swaps de retorno total, swaps de inflação,swaps de activos ou swaps de taxas de juro. Excepto para os swaps de taxa de juro incluídos no Valor do Activo Líquido dos subfundos Money Market Euro eMoney Market USD, os swaps de taxa de juro, os swaps de volatilidade de juros, os swaps de correlação, os swaps de variação, os swaps de incumprimento,os swaps de incumprimento de crédito, os swaps de retorno total e os swaps de inflação são registados pelo valor de mercado estimado, com base nos elementosde avaliação definidos nos contratos. O lucro líquido não-realizado está incluído no item “Apreciação líquida não-realizada em swaps”, na Declaração de ActivosLíquidos, e as perdas líquidas não-realizadas estão incluídas no item “Depreciação líquida não realizada em swaps” na Declaração de Activos Líquidos.

n Instrumentos do mercado monetário - Para instrumentos do mercado monetário, a acumulação (diferença entre o custo e o valor amortizado), previamenteconsiderada como juro, é reportada em “Alteração líquida em apreciação/depreciação não-realizada em investimentos”, para os títulos detidos. Se os instrumentostiverem sido vendidos ou reembolsados, este resultado é considerado como “Lucros/(perdas) líquidos realizados sobre títulos vendidos”.

n “Lucros/(perdas) líquidos não realizados nos títulos vendidos” - O valor de “Lucros/(perdas) líquidos não realizados nos títulos vendidos” na Declaração de Operaçõese Alterações em Activos Líquidos reflecte-se na diferença entre o custo e as receitas de títulos vendidos, incluindo o mercado, bem como os impactos cambiais.

n Custos de transacção - Os custos de transacção incluem comissões dos corretores e comissões cobradas pelo depositário para valores mobiliários etransacções de derivados. As comissões dos corretores não estão incluídas no custo dos valores mobiliários e derivados adquiridos e vendidos. Todas estascomissões são registadas na rubrica “Comissões de corretagens e transacções”.

n Contratos por diferenças - Os contratos por diferenças são avaliados com base nas cotações de fecho do valor mobiliário subjacente, menos quaisquer encargos financeirosatribuíveis a cada contrato. Após celebrar contratos por diferenças, a SICAV poderá ter de penhorar ao corretor um montante em dinheiro e/ou outros activos correspondentes a umadeterminada percentagem do montante do contrato (“margem inicial”). Subsequentemente, os pagamentos conhecidos como “margem de variação” são efectuados ou recebidospela SICAV periodicamente, dependendo das flutuações do valor mobiliário subjacente. Durante o período, os contratos são abertos, as alterações no valor dos contratos sãoreconhecidas como lucros e perdas não realizados por “avaliação ao preço do mercado” em cada ponto de avaliação, de forma a reflectir as alterações no valor do valor mobiliáriosubjacente. Os lucros e as perdas realizados, uma vez concluído o contrato, são iguais à diferença entre o valor do contrato na altura em que foi aberto e o valor na altura em que foiconcluído. Os contratos por diferenças abertos estão incluídos no Extracto de Activos Líquidos consolidado com base em Lucro/Perda não realizados atribuíveis a cada contrato nofinal do período. Os dividendos atribuíveis a contratos por diferenças abertos também estão incluídos no valor de Lucro/Perda não realizados no final do período. Os contratos estãosujeitos a um encargo e rendimento financeiros diários, normalmente aplicados a uma taxa previamente acordada, a qual é contabilizada como rendimentos sobre a forma de jurospara Contratos por diferenças curtos e como despesas sobre a forma de juros para Contratos por diferenças longos.


249

3 TAXAS DE CÂMBIO UTILIZADAS EM 31 DE DEZEMBRO DE 2012As taxas de câmbio utilizadas para os números consolidados são as seguintes:

4 TAXAS DE GESTÃO, TAXAS DE ADMINISTRAÇÃO E TAXAS DE DISTRIBUIÇÃO

Estrutura das taxas - A taxa de administração é uma taxa expressa como uma percentagem do VAL dos subfundos e das classes de acções, incluindo todasas despesas administrativas do Fundo.Esta taxa inclui a remuneração do Agente de Administração, do Agente Domiciliário, do Agente de Transferência e do Agente de Registo, pelos seus serviços prestadosao Fundo, a remuneração do Fiel Depositário pelos serviços prestados ao Fundo, bem como todas as outras despesas administrativas incorridas nas operações doFundo, incluindo, sem limitar:

- os encargos com auditores e consultores legais do Fundo (incluindo custos associados à conformidade com os requisitos legais e reguladores);- o custo da tradução, impressão e distribuição aos investidores dos relatórios anuais e semianuais e do prospecto com data de Outubro de 2012 do Fundo e de

qualquer suplemento do mesmo;- quaisquer custos relacionados com a informação dos accionistas, incluindo custos relativos à publicação de preços de acções na imprensa financeira, e à

produção de material informativo para os subscritores e distribuidores; - quaisquer taxas e despesas envolvidas no registo e na manutenção do registo do Fundo com qualquer agência governamental ou bolsa de valores, e para

cumprir quaisquer requisitos reguladores, e o reembolso dessas taxas e despesas incorridas por qualquer representante local;- os honorários de qualquer representante/correspondente local, cujos serviços sejam necessários de acordo com a lei aplicável;- os custos relativos a medidas extraordinárias, em particular qualquer peritagem ou avaliação visando a protecção dos interesses dos accionistas;- os custos relativos à tradução, distribuição e publicação de qualquer notificação para os accionistas.

A taxa de administração é paga mensalmente, em data posterior, à Amundi Luxembourg, e é calculada em cada dia para cada subfundo e cada classe de acções.A partir desta taxa, a Amundi Luxembourg pagará as taxas ao Fiel Depositário, ao Agente de Administração, ao Agente Domiciliário, ao Agente de Transferência e aoAgente de Registo, e as despesas administrativas do Fundo.

As taxas de gestão aplicáveis para o período encerrado em 31 de Dezembro de 2012, expressas em percentagens do VAL, devem ser pagas trimestralmente à AmundiLuxembourg e calculadas em cada dia para cada subfundo, com base no VAL diário de cada classe de acções às taxas indicadas abaixo, por ano. A Empresa de Gestão é responsável pelo pagamento de comissões aos Gestores de Investimento.

O prospecto com data de Outubro de 2012 apresenta dados sobre o alcance em que os activos de cada subfundo estão sujeitos a taxas de gestão, por parte dos seusactivos investidos noutros fundos.Além disso, alguns subfundos são investidos noutros OIC e, consequentemente, estão sujeitos às taxas de gestão cobradas a esses fundos.

As taxas de gestão, as taxas de administração e as taxas de distribuição, expressas como uma percentagem do VAL, são indicadas no plano seguinte (os montantesmáximos e efectivos são idênticos). Todos os Subfundos e Classes de Acções listados nesta tabela existiam na altura de emissão do prospecto com data de 31 deDezembro de 2012.

1 EUR= 0.008772JPY1 EUR= 0.758495USD

Notas sobre Declarações Financeiras em 31/12/12Notas sobre Declarações Financeiras em 31/12/12

250

AMUNDI FUNDS Moeda base dosSubfundos

Outras Moedas VAL deClasses de Acções

Classesde Acções

Comissões degestão

Comissões deadministração

Comissões dedistribuição

SUBFUNDOS DE ACÇÕESSubfundos Globais/Regionais/NacionaisEquity Euroland Value EUR EUR/USD - Classe IE 0.80% 0.25% /

EUR/USD - Classe ME 0.70% 0.35% /EUR/USD - Classe OE / 0.25% /EUR/USD - Classe AE 1.70% 0.40% /

CZK - Classe AHK 1.70% 0.40% /EUR/USD - Classe SE 2.10% 0.40% /EUR/USD - Classe FE 2.10% 0.40% 1.00%

Equity Global Alpha USD USD/EUR - Classe IU 0.70% 0.25% /EUR - Classe IE 0.70% 0.25% /

USD/EUR - Classe MU 0.70% 0.35% /USD/EUR - Classe OU / 0.25% /USD/EUR - Classe AU 1.40% 0.35% /

EUR - Classe AE 1.40% 0.35% /USD/EUR - Classe SU 1.80% 0.35% /USD/EUR - Classe FU 1.80% 0.35% 1.00%

Equity Japan Target* JPY JPY/EUR/USD - Classe IJ 0.80% 0.25% /EUR - Classe IHE 0.80% 0.25% /

JPY/EUR/USD - Classe MJ 0.80% 0.35% /EUR - Classe MHE 0.80% 0.35% /

JPY/EUR/USD - Classe OJ / 0.25% /JPY/EUR/USD - Classe AJ 1.80% 0.40% /

EUR - Classe AE 1.80% 0.40% /EUR - Classe AHE 1.80% 0.40% /

JPY/EUR/USD - Classe SJ 2.20% 0.40% /EUR - Classe SHE 2.20% 0.40% /

JPY/EUR/USD - Classe FJ 2.20% 0.40% 1.00%EUR - Classe FHE 2.20% 0.40% 1.00%JPY - Classe RJ 0.80% 0.40% /EUR - Classe RHE 0.80% 0.40% /

Equity US Concentrated USD USD/EUR - Classe IU 0.80% 0.25% /Core* EUR - Classe IHE 0.80% 0.25% /

USD/EUR - Classe MU 0.80% 0.35% /EUR - Classe MHE 0.80% 0.35% /

USD/EUR - Classe AU 1.70% 0.40% /EUR - Classe AE 1.70% 0.40% /EUR - Classe AHE 1.70% 0.40% /

USD/EUR - Classe SU 2.10% 0.40% /EUR - Classe SHE 2.10% 0.40% /

USD/EUR - Classe FU 2.10% 0.40% 1.00%EUR - Classe FHE 2.10% 0.40% 1.00%GBP - Classe RG 0.80% 0.40% /USD - Classe RU 0.80% 0.40% /EUR - Classe RHE 0.80% 0.40% /

Equity US Growth USD USD/EUR - Classe IU 0.80% 0.25% /EUR - Classe IHE 0.80% 0.25% /


USD/EUR - Classe AU 1.70% 0.40% /EUR - Classe AE 1.70% 0.40% /EUR - Classe AHE 1.70% 0.40% /

USD/EUR - Classe SU 2.10% 0.40% /USD/EUR - Classe FU 2.10% 0.40% 1.00%

EUR - Classe FHE 2.10% 0.40% 1.00%Equity US Relative Value* USD USD/EUR - Classe IU 0.70% 0.25% /

EUR - Classe IHE 0.70% 0.25% /USD/EUR - Classe MU 0.70% 0.35% /

EUR - Classe MHE 0.70% 0.35% /EUR - Classe OHE / 0.25% /

USD/EUR - Classe AU 1.70% 0.40% /EUR - Classe AE 1.70% 0.40% /EUR - Classe AHE 1.70% 0.40% /CZK - Classe AHK 1.70% 0.40% /


USD/EUR - Classe FU 2.10% 0.40% 1.00%EUR - Classe FHE 2.10% 0.40% 1.00%GBP - Classe RG 0.70% 0.40% /USD - Classe RU 0.70% 0.40% /

* Uma taxa de desempenho é adicionada a algumas classes de acções destes subfundos.


251



Classesde Acções




Equity Global Select* USD USD/EUR - Classe IU 0.70% 0.25% /USD/EUR - Classe MU 0.60% 0.35% /USD/EUR - Classe OU / 0.25% /USD/EUR - Classe AU 1.40% 0.35% /

USD - Classe A2U 1.40% 0.35% /EUR - Classe AE 1.40% 0.35% /

USD/EUR - Classe SU 1.80% 0.35% /EUR - Classe SE 1.80% 0.35% /

USD/EUR - Classe FU 1.80% 0.35% 1.00%Equity Japan Value JPY JPY/EUR/USD - Classe IJ 0.80% 0.25% /

JPY/EUR/USD - Classe Institutional II 0.45% 0.25% /JPY/EUR/USD - Classe Institutional VIII 0.45% 0.10% /JPY/EUR/USD - Classe Institutional IX 0.30% 0.25% /JPY/EUR/USD - Classe MJ 0.70% 0.35% /

EUR - Classe MHE 0.70% 0.35% /JPY/EUR/USD - Classe AJ 1.50% 0.40% /

EUR - Classe AE 1.50% 0.40% /JPY/EUR/USD - Classe SJ 1.90% 0.40% /JPY/EUR/USD - Classe FJ 1.90% 0.40% 1.00%

Equity Euro Select* EUR EUR - Classe IE 0.65% 0.25% /EUR - Classe ME 0.55% 0.35% /EUR - Classe OE / 0.25% /EUR - Classe AE 1.30% 0.35% /EUR - Classe SE 1.70% 0.35% /EUR - Classe FE 1.70% 0.35% 1.00%

Equity Europe Select* EUR EUR - Classe IE 0.65% 0.25% /EUR - Classe ME 0.55% 0.35% /EUR - Classe OE / 0.25% /EUR - Classe AE 1.30% 0.35% /EUR - Classe SE 1.70% 0.35% /EUR - Classe FE 1.70% 0.35% 1.00%

Subfundos Temáticos/de pequenas empresaEquity Euroland Small EUR EUR/USD - Classe IE 0.80% 0.25% /Cap* EUR/USD - Classe ME 0.70% 0.35% /

EUR/USD - Classe OE / 0.25% /EUR/USD - Classe AE 1.70% 0.40% /EUR/USD - Classe SE 2.10% 0.40% /EUR/USD - Classe FE 2.10% 0.40% 1.00%

Equity Global Gold Mines* USD USD/EUR - Classe IU 0.90% 0.25% /USD/EUR - Classe MU 0.80% 0.35% /USD/EUR - Classe OU / 0.25% /USD/EUR - Classe AU 1.70% 0.40% /



USD/EUR - Classe FU 2.10% 0.40% 1.00%EUR - Classe FHE 2.10% 0.40% 1.00%

Equity Global Luxury USD USD/EUR - Classe IU 0.90% 0.25% /and Lifestyle USD/EUR - Classe MU 0.80% 0.35% /

USD/EUR - Classe OU / 0.25% /USD/EUR - Classe AU 1.70% 0.40% /



USD/EUR - Classe FU 2.10% 0.40% 1.00%EUR - Classe FHE 2.10% 0.40% 1.00%GBP - Classe RG 0.90% 0.40% /

Equity Global Agriculture USD USD/EUR/GBP - Classe IU 0.90% 0.25% /EUR - Classe IHE 0.90% 0.25% /

USD/EUR/GBP - Classe MU 0.80% 0.35% /USD/EUR/GBP - Classe OU / 0.25% /USD/EUR/GBP - Classe AU 1.70% 0.40% /

USD - Classe A2U 1.70% 0.40% /EUR - Classe AHE 1.70% 0.40% /EUR - Classe AE 1.70% 0.40% /

USD/EUR/GBP - Classe SU 2.10% 0.40% /EUR - Classe SHE 2.10% 0.40% /

USD/EUR/GBP - Classe FU 2.10% 0.40% 1.00%EUR - Classe FHE 2.10% 0.40% 1.00%GBP - Classe RHE 0.90% 0.40% /USD - Classe RU 0.90% 0.40% /



252



Classesde Acções




Equity Global Resources USD USD/EUR/GBP - Classe IU 0.90% 0.25% /USD - Classe Institutional IV 0.45% 0.40% /

USD/EUR/GBP - Classe MU 0.80% 0.35% /USD/EUR/GBP - Classe OU / 0.25% /

EUR - Classe OR / 0.11% /USD/EUR/GBP - Classe AU 1.70% 0.40% /



USD/EUR/GBP - Classe FU 2.10% 0.40% 1.00%EUR - Classe FHE 2.10% 0.40% 1.00%EUR - Classe RE 0.90% 0.40% /USD - Classe RU 0.90% 0.40% /

Equity Europe EUR EUR - Classe IE 0.80% 0.25% /Restructuring* EUR - Classe ME 0.70% 0.35% /

EUR - Classe OE / 0.25% /EUR - Classe AE 1.70% 0.40% /EUR - Classe SE 2.10% 0.40% /EUR - Classe FE 2.10% 0.40% 1.00%

Subfundos Ásia/de mercados emergentesEquity ASEAN* USD USD/EUR/SGD - Classe IU 0.90% 0.40% /

USD/EUR/SGD - Classe Institutional II 0.45% 0.40% /USD/EUR/SGD - Classe Institutional IV 0.45% 0.40% /USD/EUR/SGD - Classe XU 0.60% 0.25% /USD/EUR/SGD - Classe Institutional IX 0.37% 0.33% /USD/EUR/SGD - Classe MU 0.80% 0.50% /USD/EUR/SGD - Classe OU / 0.25% /USD/EUR/SGD - Classe AU 1.70% 0.50% /


USD/EUR/SGD - Classe SU 2.10% 0.50% /USD/EUR/SGD - Classe FU 2.10% 0.50% 1.00%

Equity Asia ex Japan* USD USD/EUR - Classe IU 0.90% 0.40% /USD/EUR - Classe XU 0.60% 0.25% /USD/EUR - Classe MU 0.80% 0.50% /USD/EUR - Classe OU / 0.25% /USD/EUR - Classe AU 1.70% 0.50% /



Equity Brazil* USD USD/EUR - Classe IU 0.90% 0.40% /USD/EUR - Classe XU 0.60% 0.25% /USD/EUR - Classe MU 0.80% 0.50% /USD/EUR - Classe OU / 0.25% /USD/EUR - Classe AU 1.70% 0.50% /



EUR - Classe RHE 0.90% 0.50% /USD - Classe RU 0.90% 0.50% /

Equity Emerging Europe* EUR EUR/USD - Classe IE 0.90% 0.40% /EUR/USD - Classe XE 0.60% 0.25% /EUR/USD - Classe ME 0.80% 0.50% /EUR/USD - Classe OE / 0.25% /EUR/USD - Classe AE 1.70% 0.50% /

EUR - Classe A2E 1.70% 0.50% /EUR/USD - Classe SE 2.10% 0.50% /EUR/USD - Classe FE 2.10% 0.50% 1.00%

Equity Emerging Internal USD USD/EUR/GBP - Classe IU 0.90% 0.40% /Demand* USD/EUR/GBP - Classe XU 0.60% 0.25% /

USD/EUR/GBP - Classe MU 0.80% 0.50% /USD/EUR/GBP - Classe OU / 0.25% /USD/EUR/GBP - Classe AU 1.70% 0.50% /

USD - Classe A2U 1.70% 0.50% /EUR - Classe AE 1.70% 0.50% /EUR - Classe AHE 1.70% 0.50% /

USD/EUR/GBP - Classe SU 2.10% 0.50% /EUR - Classe SE 2.10% 0.50% /

USD/EUR/GBP - Classe FU 2.10% 0.50% 1.00%USD/EUR/GBP - Classe Institutional IV 0.24% 0.25% /

GBP - Classe RG 0.90% 0.50% /EUR - Classe RHE 0.90% 0.50% /USD - Classe RU 0.90% 0.50% /



253



Classesde Acções




Equity Emerging World* USD USD/EUR/GBP - Classe IU 0.90% 0.40% /USD/EUR/GBP - Classe XU 0.60% 0.25% /USD/EUR/GBP - Classe Institutional VIII 1.00% 0.25% /USD/EUR/GBP - Classe MU 0.80% 0.50% /USD/EUR/GBP - Classe OU / 0.25% /USD/EUR/GBP - Classe O1 / 0.20% /USD/EUR/GBP - Classe AU 1.70% 0.50% /


USD/EUR/GBP - Classe SU 2.10% 0.50% /USD/EUR/GBP - Classe FU 2.10% 0.50% 1.00%

GBP - Classe RG 0.90% 0.50% /EUR - Classe RE 0.90% 0.50% /USD - Classe RU 0.90% 0.50% /

Equity MENA* USD USD/EUR - Classe IU 1.00% 0.40% /EUR - Classe IHE 1.00% 0.40% /


USD/EUR - Classe OU / 0.40% /EUR - Classe OHE / 0.40% /

USD/EUR - Classe AU 1.70% 0.50% /USD - Classe A2U 1.70% 0.50% /EUR - Classe AE 1.70% 0.50% /EUR - Classe AHE 1.70% 0.50% /


USD/EUR - Classe FU 2.10% 0.50% 1.00%EUR - Classe FHE 2.10% 0.50% 1.00%EUR - Classe RE 1.00% 0.50% /

Equity Greater China* USD USD/EUR/GBP - Classe IU 0.90% 0.40% /USD/EUR/GBP - Classe Institutional II 0.45% 0.40% /USD/EUR/GBP - Classe Institutional IV 0.45% 0.40% /USD/EUR/GBP - Classe XU 0.60% 0.25% /USD/EUR/GBP - Classe Institutional IX 0.37% 0.33% /USD/EUR/GBP - Classe MU 0.80% 0.50% /USD/EUR/GBP - Classe OU / 0.25% /USD/EUR/GBP - Classe AU 1.70% 0.50% /


USD/EUR/GBP - Classe SU 2.10% 0.50% /USD/EUR/GBP - Classe FU 2.10% 0.50% 1.00%

USD - Classe RU 0.90% 0.50% /EUR - Classe RHE 0.90% 0.50% /

Equity India* USD USD/EUR - Classe IU 0.90% 0.40% /USD/EUR - Classe Institutional II 0.45% 0.40% /USD/EUR - Classe Institutional IV 0.45% 0.40% /USD/EUR - Classe XU 0.60% 0.25% /USD/EUR - Classe Institutional IX 0.37% 0.33% /USD/EUR - Classe MU 0.80% 0.50% /USD/EUR - Classe OU / 0.25% /USD/EUR - Classe AU 1.70% 0.50% /



Equity India Select* USD USD/EUR - Classe IU 0.90% 0.40% /USD/EUR - Classe Institutional VI 0.80% 0.40% /USD/EUR - Classe MU 0.90% 0.40% /

USD - Classe AU 1.70% 0.50% /EUR - Classe AE 1.70% 0.50% /

USD/EUR - Classe FU 2.10% 0.50% 1.00%Equity India Infrastructure* USD USD/EUR - Classe IU 0.90% 0.40% /

USD/EUR - Classe Institutional II 0.45% 0.40% /USD/EUR - Classe Institutional IV 0.45% 0.40% /USD/EUR - Classe XU 0.60% 0.25% /USD/EUR - Classe MU 0.80% 0.50% /USD/EUR - Classe OU / 0.25% /USD/EUR - Classe AU 1.70% 0.50% /

USD - Classe A2U 1.70% 0.50%EUR - Classe AE 1.70% 0.50% /




254



Classesde Acções




Equity Korea* USD USD/JPY/EUR - Classe IU 1.00% 0.40% /USD/JPY/EUR - Classe Institutional II 0.45% 0.40% /USD/JPY/EUR - Classe Institutional IV 0.45% 0.40% /USD/JPY/EUR - Classe XU 0.65% 0.25% /USD/JPY/EUR - Classe MU 0.90% 0.50% /USD/JPY/EUR - Classe OU / 0.25% /USD/JPY/EUR - Classe AU 1.70% 0.50% /

EUR - Classe AE 1.70% 0.50% /USD/JPY/EUR - Classe SU 2.10% 0.50% /USD/JPY/EUR - Classe FU 2.10% 0.50% 1.00%

Equity Latin America* USD USD/EUR/JPY/GBP - Classe IU 0.90% 0.40% /USD/EUR/JPY/GBP - Classe Institutional IV 0.45% 0.40% /USD/EUR/JPY/GBP - Classe XU 0.60% 0.25% /USD/EUR/JPY/GBP - Classe MU 0.80% 0.50% /USD/EUR/JPY/GBP - Classe OU / 0.25% /

USD - Classe O1 / 0.20% /USD/EUR/JPY/GBP - Classe AU 1.70% 0.50% /


USD/EUR/JPY/GBP - Classe SU 2.10% 0.50% /EUR - Classe SE 2.10% 0.50% /

USD/EUR/JPY/GBP - Classe FU 2.10% 0.50% 1.00%USD/EUR - Classe PU 0.90% 0.45% /

GBP - Classe RG 0.90% 0.50% /USD - Classe RU 0.90% 0.50% /EUR - Classe RHE 0.90% 0.50% /

Equity Thailand* USD USD/EUR - Classe IU 1.00% 0.40% /USD/EUR - Classe XU 0.65% 0.25% /USD/EUR - Classe MU 0.90% 0.50% /USD/EUR - Classe OU / 0.25% /USD/EUR - Classe AU 1.60% 0.50% /USD/EUR - Classe SU 2.00% 0.50% /USD/EUR - Classe FU 2.00% 0.50% 1.00%

Subfundo de Investimentos socialmente responsáveisEquity Global Aqua EUR EUR/USD - Classe IE 0.90% 0.25% /

EUR/USD - Classe ME 0.80% 0.35% /EUR/USD - Classe OE / 0.25% /EUR/USD - Classe AE 1.70% 0.40% /EUR/USD - Classe SE 2.10% 0.40% /EUR/USD - Classe FE 2.10% 0.40% 1.00%

Subfundos Next Generation EquityEquity Europe Minimum EUR EUR - Classe IE 0.50% 0.25% /Variance* EUR - Classe XE 0.35% 0.25% /

EUR - Classe ME 0.40% 0.35% /EUR - Classe OE / 0.25% /EUR - Classe AE 1.30% 0.35% /EUR - Classe SE 1.70% 0.35% /EUR - Classe FE 2.10% 0.35% 1.00%

Equity Global Minimum USD USD/EUR - Classe IU 0.50% 0.25% /Variance EUR - Classe IE 0.50% 0.25% /

USD/EUR/USD - Classe MU 0.40% 0.35% /EUR - Classe XU 0.35% 0.25% /

USD/EUR - Classe XE 0.35% 0.25% /USD/EUR - Classe OU / 0.25% /USD/EUR - Classe AU 1.30% 0.35% /USD/EUR - Classe SU 1.70% 0.35% /

EUR - Classe FU 2.10% 0.35% 1.00%SUBFUNDOS OBRIGACIONISTASSubfundos de obrigações convertíveisConvertible Europe EUR EUR/USD - Classe IE 0.55% 0.20% /


Convertible Global* EUR EUR/USD - Classe IE 0.55% 0.20% /USD - Classe IHU 0.55% 0.20% /


EUR - Classe A2E 1.20% 0.35% /USD - Classe AHU 1.20% 0.35% /

EUR/USD - Classe SE 1.40% 0.35% /EUR/USD - Classe FE 1.40% 0.35% 0.40%

EUR - Classe RE 0.55% 0.35% /



255



Classesde Acções




Subfundos de obrigações globaisBond Global Corporate* USD USD/EUR - Classe IU 0.45% 0.20% /

EUR - Classe IHE 0.45% 0.20% /USD/EUR - Classe MU 0.40% 0.30% /USD/EUR - Classe OU / 0.20% /USD/EUR - Classe AU 0.80% 0.35% /



Subfundos de obrigações em eurosBond Euro Aggregate* EUR EUR/USD - Classe IE 0.45% 0.10% /

EUR/USD - Classe Institutional II 0.30% 0.10% /EUR/USD - Classe ME 0.40% 0.25% /EUR/USD - Classe OE / 0.10% /EUR/USD - Classe AE 0.80% 0.30% /EUR/USD - Classe SE 1.00% 0.30% /EUR/USD - Classe FE 1.00% 0.30% 0.20%

EUR - Classe RE 0.45% 0.30% /Bond Euro Corporate* EUR EUR/USD - Classe IE 0.45% 0.10% /

EUR/USD - Classe Institutional II 0.30% 0.10% /EUR/USD - Classe ME 0.40% 0.25% /EUR/USD - Classe OE / 0.10% /EUR/USD - Classe AE 0.80% 0.30% /


EUR - Classe RE 0.45% 0.30% /Bond Euro Government EUR EUR/USD - Classe IE 0.40% 0.10% /


Bond Euro Inflation* EUR EUR/USD - Classe IE 0.45% 0.10% /EUR/USD - Classe XE 0.25% 0.10% /EUR/USD - Classe ME 0.30% 0.25% /EUR/USD - Classe OE / 0.10% /EUR/USD - Classe AE 0.75% 0.35% /


EUR - Classe RE 0.45% 0.35% /Subfundo de obrigações de alto rendimentoBond Euro High Yield EUR EUR/USD - Classe IE 0.55% 0.20% /

EUR/USD - Classe Institutional II 0.40% 0.20% /EUR/USD - Classe Institutional IV 0.45% 0.20% /EUR/USD - Classe ME 0.45% 0.30% /EUR/USD - Classe OE / 0.20% /EUR/USD - Classe AE 1.20% 0.30% /


EUR - Classe RE 0.55% 0.30% /Subfundos de obrigações globais e dívidasBond US Opportunistic USD USD/EUR/GBP - Classe IU 0.45% 0.20% /Core Plus* EUR - Classe IHE 0.45% 0.20% /

USD/EUR/GBP - Classe MU 0.40% 0.30% /EUR - Classe MHE 0.40% 0.30% /

USD/EUR/GBP - Classe AU 0.80% 0.35% /EUR - Classe AE 0.80% 0.35% /EUR - Classe AHE 0.80% 0.35% /

USD/EUR/GBP - Classe SU 1.00% 0.35% /EUR - Classe SHE 1.00% 0.35% /EUR - Classe SHE-QD 1.00% 0.35% /

USD/EUR/GBP - Classe FU 1.00% 0.35% 0.40%EUR - Classe FHE 1.00% 0.35% 0.40%EUR - Classe FHE-QD 1.00% 0.35% 0.40%GBP - Classe RG 0.45% 0.35% /EUR - Classe RHE 0.45% 0.35% /



256



Classesde Acções




Bond Europe* EUR EUR/USD - Classe IE 0.45% 0.20% /EUR/USD - Classe ME 0.40% 0.30% /EUR/USD - Classe OE / 0.20% /EUR/USD - Classe AE 0.80% 0.30% /EUR/USD - Classe SE 1.00% 0.30% /EUR/USD - Classe FE 1.00% 0.30% 0.40%

EUR - Classe RE 0.45% 0.30% /Bond Global Aggregate* USD USD/EUR/GBP - Classe IU 0.45% 0.20% /

EUR - Classe IE 0.45% 0.20% /EUR - Classe IHE 0.45% 0.20% /


USD/EUR/GBP - Classe OU / 0.20% /USD/EUR/GBP - Classe AU 0.80% 0.35% /

EUR - Classe AE 0.80% 0.35% /USD/EUR/GBP - Classe SU 1.00% 0.35% /

EUR - Classe SHE 1.00% 0.35% /EUR - Classe SHE-MD 1.00% 0.35% /GBP - Classe SHG 1.00% 0.35% /

USD/EUR/GBP - Classe FU 1.00% 0.35% 0.60%EUR - Classe FHE 1.00% 0.35% 0.60%EUR - Classe FHE-MD 1.00% 0.35% 0.60%GBP - Classe RG 0.45% 0.35% /EUR - Classe RHE 0.45% 0.35% /USD - Classe RU 0.45% 0.35% /

Bond Global* USD USD/EUR/GBP - Classe IU 0.45% 0.20% /EUR - Classe IE-D 0.50% 0.20% /EUR - Classe IHE 0.45% 0.20% /




USD/EUR/GBP - Classe SU 1.00% 0.35% /EUR - Classe SHE 1.00% 0.35% /EUR - Classe SHE-MD 1.00% 0.35% /

USD/EUR/GBP - Classe FU 1.00% 0.35% 0.60%EUR - Classe FHE 1.00% 0.35% 0.60%EUR - Classe FHE-MD 1.00% 0.35% 0.60%

Bond Global Inflation* EUR EUR/USD - Classe IE 0.45% 0.10% /USD - Classe IHU 0.45% 0.10% /

EUR/USD - Classe XE 0.25% 0.10% /SGD - Classe IHS 0.45% 0.10% /


USD - Classe AHU 0.75% 0.35% /EUR/USD - Classe SE 0.95% 0.35% /

USD - Classe SHU 0.95% 0.35% /EUR/USD - Classe FE 0.95% 0.35% 0.40%

USD - Classe FHU 0.95% 0.35% 0.40%GBP - Classe RG 0.45% 0.35% /EUR - Classe RE 0.45% 0.35% /

Subfundos de dívidas de mercados emergentesBond Emerging Inflation USD USD/EUR - Classe IU 0.55% 0.20% /

EUR - Classe IE 0.55% 0.20% /USD/EUR - Classe XU 0.35% 0.20% /USD/EUR - Classe MU 0.45% 0.35% /USD/EUR - Classe OU / 0.20% /USD/EUR - Classe AU 1.40% 0.40% /USD/EUR - Classe AU-MD 1.50% 0.40% /

EUR - Classe AE 1.40% 0.40% /USD/EUR - Classe SU 1.60% 0.40% /USD/EUR - Classe FU 1.60% 0.40% 0.40%



257



Classesde Acções




Bond Global Emerging* USD USD/EUR/GBP - Classe IU 0.55% 0.20% /EUR/USD - Classe Institutional IV 0.45% 0.20% /




USD/EUR/GBP - Classe SU 1.60% 0.40% /EUR - Classe SHE 1.60% 0.40% /EUR - Classe SHE-MD 1.60% 0.40% /

USD/EUR/GBP - Classe FU 1.60% 0.40% 0.40%EUR - Classe FHE 1.60% 0.40% 0.40%EUR - Classe FHE-MD 1.60% 0.40% 0.40%GBP - Classe RG 0.55% 0.40% /EUR - Classe RHE 0.55% 0.40% /USD - Classe RU 0.55% 0.40% /

Bond Global Emerging USD USD/EUR/GBP - Classe IU 0.60% 0.20% /Corporate* EUR - Classe IHE 0.60% 0.20% /

USD/EUR/GBP - Classe IE 0.60% 0.20% /USD/EUR/GBP - Classe MU 0.50% 0.35% /

EUR - Classe MHE 0.50% 0.35% /USD/EUR/GBP - Classe OU / 0.20% /USD/EUR/GBP - Classe AU 1.45% 0.40% /



USD/EUR/GBP - Classe FU 1.65% 0.40% 0.40%EUR - Classe FHE 1.65% 0.40% 0.40%

SUBFUNDO DE ACTIVOS MÚLTIPLOSMulti Asset Emerging USD USD - Classe IU 0.70% 0.40% /Mercados* EUR - Classe IHE 0.70% 0.40% /

USD - Classe MU 0.70% 0.50% /USD - Classe OU / 0.40% /USD - Classe AU 1.50% 0.50% /EUR - Classe AHE 1.50% 0.50% /USD - Classe SU 1.80% 0.50% /EUR - Classe SHE 1.80% 0.50% /USD - Classe FU 2.30% 0.50% 0.40%EUR - Classe FHE 2.30% 0.50% 0.40%

SUBFUNDOS INDEXADOSSubfundos de acções indexadosIndex Equity Euro EUR EUR - Classe IE 0.10% 0.05% /

EUR - Classe ME 0.10% 0.10% /EUR - Classe OE / 0.05% /EUR - Classe AE 0.15% 0.15% /

Index Equity Europe EUR EUR - Classe IE 0.10% 0.05% /EUR - Classe ME 0.10% 0.10% /EUR - Classe OE / 0.05% /EUR - Classe AE 0.15% 0.15% /

Index Equity North EUR EUR - Classe IE 0.10% 0.05% /America USD - Classe IU-C 0.10% 0.05% /

EUR - Classe ME 0.10% 0.10% /EUR - Classe OE / 0.05% /EUR - Classe AE 0.15% 0.15% /USD - Classe AU-C 0.15% 0.15% /

Index Equity Pacific EUR EUR - Classe IE 0.10% 0.10% /EUR - Classe ME 0.10% 0.15% /EUR - Classe OE / 0.10% /EUR - Classe AE 0.15% 0.15% /

Subfundos de obrigações indexadosIndex Global Bond (EUR) EUR EUR - Classe IE 0.10% 0.10% /Hedged EUR - Classe ME 0.10% 0.15% /

EUR - Classe OE / 0.10% /EUR - Classe AE 0.20% 0.15% /



258



Classesde Acções




SUBFUNDOS DE RENDIBILIDADE TOTALSubfundo Absolute ForexAbsolute Forex* EUR EUR/USD - Classe IE 0.30% 0.10% /

EUR/USD - Classe ME 0.25% 0.25% /EUR/USD - Classe OE / 0.10% /EUR/USD - Classe AE 0.50% 0.30% /EUR/USD - Classe SE 0.60% 0.30% /EUR/USD - Classe Classic H 0.80% 0.30% /EUR/USD - Classe FE 0.60% 0.30% 0.40 %

Subfundo Absolute VaR 2Absolute VaR 2(EUR)* EUR EUR - Classe IE 0.30% 0.10% /

GBP - Classe IHG 0.30% 0.10% /USD - Classe IHU 0.30% 0.10%EUR - Classe ME 0.25% 0.25% /EUR - Classe OE / 0.10% /EUR - Classe AE 0.50% 0.30% /GBP - Classe AHG 0.50% 0.30% /USD - Classe AHU 0.50% 0.30%EUR - Classe SE 0.60% 0.30% /USD - Classe SHU 0.60% 0.30% /EUR - Classe Classic H 0.80% 0.30% /EUR - Classe FE 0.60% 0.30% 0.20%USD - Classe FHU 0.60% 0.30% 0.20%

Subfundo Absolute VaR 4Absolute VaR 4(EUR)* EUR USD - Classe IHU 0.50% 0.10% /

EUR - Classe IE 0.50% 0.10% /GBP - Classe IHG 0.50% 0.10% /EUR - Classe ME 0.40% 0.30% /EUR - Classe OE / 0.10% /EUR - Classe AE 0.80% 0.30% /USD - Classe AHU 0.80% 0.30% /GBP - Classe AHG 0.80% 0.30% /EUR - Classe SE 0.90% 0.30% /USD - Classe SHU 0.90% 0.30% /EUR - Classe Classic H 1.10% 0.30% /EUR - Classe FE 0.90% 0.30% 0.40%USD - Classe FHU 0.90% 0.30% 0.40%

Subfundo Absolute Equity Statistical ArbitrageAbsolute Statistical EUR EUR/USD - Classe IE 0.60% 0.20% /Arbitrage USD - Classe IHU 0.60% 0.20% /


USD - Classe AHU 1.10% 0.30% /EUR/USD - Classe SE 1.50% 0.30% /EUR/USD - Classe FE 1.50% 0.30% 0.40%

Subfundo Absolute High YieldAbsolute High Yield* EUR EUR - Classe IE 0.50% 0.10% /

EUR - Classe ME 0.40% 0.30% /EUR - Classe OE / 0.10% /EUR - Classe AE 0.80% 0.30% /EUR - Classe SE 0.90% 0.30% /EUR - Classe Classic H 1.10% 0.30% /EUR - Classe FE 0.90% 0.30% 0.40%

Subfundos Absolute Volatility ArbitrageAbsolute Volatility EUR EUR/USD - Classe IE 0.50% 0.10% /Arbitrage* GBP - Classe IHG 0.50% 0.10% /

EUR/USD - Classe ME 0.40% 0.30% /EUR/USD - Classe OE / 0.10% /EUR/USD - Classe AE 0.80% 0.30% /EUR/USD - Classe SE 0.90% 0.30% /EUR/USD - Classe Classic H 1.10% 0.30% /

EUR - Classe FE 0.90% 0.30% 0.40%Absolute Volatility EUR EUR/USD - Classe IE 0.70% 0.10% /Arbitrage Plus* GBP - Classe IHG 0.70% 0.10% /


GBP - Classe AHG 1.00% 0.30% /EUR/USD - Classe SE 1.20% 0.30% /

EUR - Classe FE 1.20% 0.30% 0.40%GBP - Classe RG 0.70% 0.30% /



259



Classesde Acções




Subfundos Absolute Volatility EquitiesAbsolute Volatility Euro EUR EUR - Classe IE 0.70%1 0.10% /Equities* CHF - Classe IHC 0.70%1 0.10% /

GBP - Classe IHG0 0.70%1 0.10% /GBP - Classe IHG 0.70%1 0.10% /EUR - Classe ME 0.70%1 0.30% /EUR - Classe OE / 0.10% /EUR - Classe AE 1.20%2 0.30% /CHF - Classe AHC 1.20%2 0.30% /GBP - Classe AHG 1.20%2 0.30% /EUR - Classe SE 1.50%3 0.30% /EUR - Classe Classic H 1.80%4 0.30% /EUR - Classe FE 1.50%3 0.30% 0.40%GBP - Classe RG 0.70% 0.30% /EUR - Classe RE 0.70% 0.30% /

Absolute Volatility World USD EUR/USD - Classe IU 0.70%1 0.10% /Equities* CHF - Classe IHC 0.70%1 0.10% /

EUR - Classe IHE 0.70%1 0.10% /GBP - Classe IHG0 0.70%1 0.10% /GBP - Classe IHG 0.70%1 0.10% /JPY - Classe IHJ 0.70%1 0.10% /

USD/EUR - Classe MU 0.70%1 0.30% /USD/EUR - Classe OU / 0.10% /USD/EUR - Classe AU 1.20%2 0.30% /

EUR - Classe AE 1.20%2 0.30% /CHF - Classe AHC 1.20%2 0.30% /SGD - Classe AHS 1.20%2 0.30% /EUR - Classe AHE 1.20%2 0.30% /GBP - Classe AHG 1.20%2 0.30% /

USD/EUR - Classe SU 1.50%3 0.30% /EUR - Classe SHE 1.50%3 0.30% /

USD/EUR - Classe Classic H 1.80%4 0.30% /USD - Classe FU 1.50%3 0.30% 0.40%EUR - Classe FHE 1.50%3 0.30% 0.40%GBP - Classe RG 0.70% 0.30% /EUR - Classe RE 0.70% 0.30% /EUR - Classe RHE 0.70% 0.30% /USD - Classe RU 0.70% 0.30% /

CASH SUB-FUNDS**Cash EUR*** EUR EUR - Classe IE 0.10% 0.10% /

EUR - Classe ME 0.10% 0.10% /EUR - Classe OE / 0.10% /EUR - Classe AE 0.30% 0.10% /EUR - Classe SE 0.35% 0.10% /EUR - Classe FE 0.30% 0.10% 0.20%

Cash USD**** USD USD - Classe IU 0.10% 0.10% /USD - Classe MU 0.10% 0.10% /USD - Classe OU / 0.10% /USD - Classe AU 0.30% 0.10% /EUR - Classe AE 0.30% 0.10% /USD - Classe SU 0.35% 0.10% /USD - Classe FU 0.30% 0.10% 0.20%

SUBFUNDOS FUNDIDOSEquity Global Clean EUR EUR/USD - Classe IE 0.90% 0.25% /Planet***** EUR/USD - Classe Institutional VI 0.50% 0.25% /


1 As taxas aplicadas a estas classes de acções até 3 de Dezembro de 2012 (excluído) será de 0.50%, a partir de 3 de Dezembro de 2012 (incluído) as taxas serão aumentadas em 20 pontos base de 0.50% para 0.70%.2 As taxas aplicadas a estas classes de acções até 3 de Dezembro de 2012 (excluído) será de 1.00%, a partir de 3 de Dezembro de 2012 (incluído) as taxas serão aumentadas em 20 pontos base de 1.00% para 1.20%.3 As taxas aplicadas a estas classes de acções até 3 de Dezembro de 2012 (excluído) será de 1.30%, a partir de 3 de Dezembro de 2012 (incluído) as taxas serão aumentadas em 20 pontos base de 1.30% para 1.50%.4 As taxas aplicadas a estas classes de acções até 3 de Dezembro de 2012 (excluído) será de 1.60%, a partir de 3 de Dezembro de 2012 (incluído) as taxas serão aumentadas em 20 pontos base de 1.60% para 1.80%.

* Uma taxa de desempenho é adicionada a algumas classes de acções destes subfundos.** O nome do Subfundo Family Money Market Sub-Fund foi renomeado para Cash Sub-Funds.*** O Subfundo Amundi Funds Money Market EUR foi renomeado para Amundi Funds Cash EUR em 3 de Dezembro de 2012.**** O Subfundo Amundi Funds Money Market USD foi renomeado para Amundi Funds Cash USD em 3 de Dezembro de 2012.***** As datas até 12 de Setembro de 2012, porque este subfundo foi fundido no Amundi Funds Equity Global Aqua em 12 de Setembro de 2012.


260

5 TRIBUTAÇÃO DO FUNDO – TAXE D’ABONNEMENT O Fundo está, ainda, sujeito no Luxemburgo a um imposto de 0.05% ao ano, relativamente aos Subfundos de Acções, aos Subfundos de Obrigações, aos SubfundosIndexados e aos Subfundos de Retorno Absoluto (excepto em investimentos através destes Subfundos noutros organismos de investimento colectivo estabelecidosno Luxemburgo, aos quais não é aplicado qualquer imposto), e de 0.01% ao ano em relação aos Subfundos de Reserva, a Categoria de classes M, a Categoria declasses I (as classes X estão incluídas na Categoria I) e a Categoria de classes O de todos os Subfundos (“Taxe d’Abonnement”), sendo esse imposto pagáveltrimestralmente com base no VAL do Fundo no final do trimestre relevante do calendário.O lucro de 0.01% por ano de Taxe d’Abonnement está disponível para os Accionistas admitidos na Categoria de classes M, na Categoria de classes I (as classes Xestão incluídas na Categoria I) e na Categoria de classes O, com base nas disposições legais, reguladoras e tributárias do Luxemburgo, na medida em que estas sejamconhecidas pelo Fundo na altura de admissão de um Investidor nessa classe de acções. Contudo, não pode ser dada qualquer garantia sobre o passado e o futuro,e tais avaliações estão sujeitas a interpretações sobre a situação dos Investidores elegíveis na Categoria de classes M, na Categoria de classes I (as classes X estãoincluídas na Categoria I) e na Categoria de classes O, por qualquer autoridade competente, caso estas sejam feitas regularmente. Qualquer reclassificação deste tipo,feita por uma autoridade, sobre a situação de um Investidor, pode sujeitar toda a classe de acções a uma Taxe d’Abonnement de 0.05% ao ano.

6 OUTRAS RECEITASOs balanços para outros rendimentos no Extracto de Operações e Alterações nos Activos Líquidos incluem, principalmente, receitas de empréstimos de títulos erecuperação de provisões em taxas de desempenho.

7 OUTRAS DESPESASOs balanços para outras despesas no Extracto de Operações e Alterações nos Activos Líquidos incluem, maioritariamente, outras taxas.

8 DECLARAÇÃO DE MOVIMENTOS DE CARTEIRAPodem ser obtidos pormenores dos movimentos de títulos na carteira para o período financeiro que termina em 31 de Dezembro de 2012, sem custos, solicitando-ojunto da sede registada do Fundo e do escritório representante em Hong Kong.

A lista das alterações na carteira também pode ser obtida sem encargos no gabinete do Agente de Pagamentos e Informações na Alemanha e no escritório doRepresentante na Suíça.

9 DIVIDENDOSO Fundo distribuiu os seguintes dividendos por acção durante o período financeiro em revisão:

Data de vencimento: 25 de Setembro de 2012Data de pagamento: 28 de Setembro de 2012

n Classe AE

Amundi Funds Equity Euro Select 1.59 EURAmundi Funds Equity Europe Select 1.23 EURAmundi Funds Equity Global Luxury and Lifestyle 0.20 EURAmundi Funds Equity Emerging Europe 0.13 EURAmundi Funds Equity Emerging World 0.40 EURAmundi Funds Equity Greater China 0.62 EURAmundi Funds Equity Latin America 1.10 EURAmundi Funds Equity Global Aqua 0.34 EURAmundi Funds Equity Global Clean Planet 0.19 EURAmundi Funds Convertible Global 0.04 EURAmundi Funds Bond Global Corporate 1.45 EURAmundi Funds Bond Euro Aggregate 2.38 EURAmundi Funds Bond Euro Corporate 0.30 EURAmundi Funds Bond Euro Government 1.96 EURAmundi Funds Bond Euro Inflation 1.06 EURAmundi Funds Bond Euro High Yield 0.53 EURAmundi Funds Bond Europe 3.57 EURAmundi Funds Bond Global Aggregate 4.52 EURAmundi Funds Bond Global 5.03 EURAmundi Funds Bond Global Inflation 4.31 EURAmundi Funds Bond Global Emerging 3.65 EURAmundi Funds Index Equity Euro 2.11 EURAmundi Funds Index Equity Europe 2.75 EURAmundi Funds Index Equity North America 1.78 EURAmundi Funds Index Equity Pacific 3.02 EURAmundi Funds Index Global Bond (EUR) Hedged 3.33 EURAmundi Funds Absolute VaR 2(EUR) 0.52 EURAmundi Funds Absolute VaR 4(EUR) 0.74 EURAmundi Funds Absolute High Yield 1.94 EURAmundi Funds Cash EUR 0.40 EUR


261

n Classe AU

n Classe AJ

n Classe AHU

n Classe AHG

n Classe IE

n Classe IU

n Classe IJ

Data de vencimento: 2 de Julho de 2012, 2 de Agosto de 2012, 3 de Setembro de 2012, 2 de Outubro 2012, 2 de Novembro de 2012, 3 de Dezembro de 2012Data de pagamento: 9 de Julho de 2012, 7 de Agosto de 2012, 7 de Setembro de 2012, 5 de Outubro de 2012, 7 de Novembro de 2012, 7 de Dezembro de 2012

n Institucional (2)

Amundi Funds Equity ASEAN 0.25 USDAmundi Funds Equity Brazil 1.39 USDAmundi Funds Equity Emerging World 0.02 USDAmundi Funds Equity Greater China 3.01 USDAmundi Funds Equity India Select 0.34 USDAmundi Funds Equity Latin America 6.90 USDAmundi Funds Equity Thailand 0.53 USDAmundi Funds Bond Global Corporate 3.57 USDAmundi Funds Bond Global Aggregate 4.08 USDAmundi Funds Bond US Opportunistic Core Plus 2.03 USDAmundi Funds Bond Global 0.82 USDAmundi Funds Bond Emerging Inflation 1.09 USDAmundi Funds Bond Global Emerging 0.62 USD

Amundi Funds Equity Japan Value 20.35 JPYAmundi Funds Equity Japan Target 3.39 JPY

Amundi Funds Absolute VaR 2(EUR) 0.23 USDAmundi Funds Absolute VaR 4(EUR) 0.23 USD

Amundi Funds Absolute VaR 2(EUR) 0.53 GBP

Amundi Funds Equity Europe Restructuring 11.79 EURAmundi Funds Bond Euro Corporate 41.32 EURAmundi Funds Bond Euro High Yield 62.09 EURAmundi Funds Bond Global 58.21 EURAmundi Funds Index Equity Euro 17.22 EURAmundi Funds Index Equity Europe 24.87 EURAmundi Funds Index Equity North America 17.42 EURAmundi Funds Index Equity Pacific 36.02 EURAmundi Funds Absolute Volatility Arbitrage Plus 1.63 EURAmundi Funds Cash EUR 5.83 EUR

Amundi Funds Equity US Relative Value 5.07 USDAmundi Funds Equity Emerging World 8.48 USDAmundi Funds Equity MENA 2.24 USDAmundi Funds Equity India Select 4.55 USDAmundi Funds Bond Global 112.33 USDAmundi Funds Absolute Volatility World Equities 0.28 USD

Amundi Funds Equity Japan Target 54.76 JPY

Amundi Funds Equity Japan Value 10.00 JPYAmundi Funds Equity Greater China 0.27 USDAmundi Funds Equity India 0.10 USDAmundi Funds Equity Korea 15.00 JPYAmundi Funds Bond Euro Aggregate 6.00 EURAmundi Funds Bond Euro Corporate 0.53 EURAmundi Funds Bond Euro High Yield 0.80 EUR

262

n Classe FHE-MD

n Classe SHE-MD

Data de vencimento: 2 de Julho de 2012, 2 de Agosto de 2012Data de pagamento: 9 de Julho de 2012, 7 de Agosto de 2012

n Classe FHE-MD

n Classe SHE-MD

Data de vencimento: 3 de Setembro de 2012, 2 de Outubro de 2012, 2 de Novembro de 2012, 3 de Dezembro de 2012Data de pagamento: 7 de Setembro de 2012, 5 de Outubro de 2012, 7 de Novembro de 2012, 7 de Dezembro de 2012

n Classe FHE-MD

n Classe SHE-MD

Data de vencimento: 4 de Julho de 2012Data de pagamento: 10 de Julho de 2012

n Classe IE-D

Data de vencimento: 2 de Outubro de 2012Data de pagamento: 8 de Outubro de 2012

n Classe FHE-QD

n Classe SHE-QD

Amundi Funds Bond Global 0.20 EURAmundi Funds Bond Global Emerging 0.35 EUR

Amundi Funds Bond Global Aggregate 0.28 EUR

Amundi Funds Bond Global 0.20 EURAmundi Funds Bond Global Emerging 0.35 EUR


Amundi Funds Equity Euroland Value 38 EUR



Amundi Funds Bond US Opportunistic Core Plus 0.81 EUR

Amundi Funds Bond US Opportunistic Core Plus 0.81 EUR


263

Se requerido pela Lei, as notificações aos accionistas serão publicadas no Luxembourg “Mémorial”, no Luxemburger Wort e em todos os outros jornais que osDirectores possam determinar.

Notificações e Relatórios

Informações Adicionais

264

O Rácio Total de Despesas (TER) é fixado da seguinte forma:

AMUNDI FUNDS Moeda Classesde Acções %

Equity Euroland Value EUR - AE (C) 2.22%CZK - AHK (C) 2.25%EUR - FE (C) 3.62%EUR - IE (C) 1.11%EUR - IE (D) 1.12%EUR - ME (C) 1.12%EUR - OE (C) 0.33%EUR - SE (C) 2.64%

Equity Global Alpha EUR - AE (C) 1.97%USD - AU (C) 1.97%USD - AU (D)* 1.07%USD - FU (C) 3.38%USD - IU (C) 1.14%USD - SU (C) 2.37%

Equity Japan Target EUR - AE (C) 2.55%EUR - AHE (C) 2.53%JPY - AJ (C) 2.57%JPY - AJ (D)* 2.35%EUR - FHE (C) 3.98%JPY - FJ (C) 3.94%EUR - IHE (C)* 1.15%JPY - IJ (C) 1.36%JPY - IJ (D) 1.17%EUR - MHE (C)* 1.26%JPY - MJ (C) 1.38%EUR - SHE (C)* 2.77%JPY - SJ (C) 2.79%

Equity US Concentrated EUR - AE (C) 2.23%Core EUR - AE (D)* 0.41%

EUR - AHE (C) 2.22%USD - AU (C) 2.23%USD - AU (D) 2.23%EUR - FHE (C) 3.63%USD - FU (C) 3.64%EUR - IHE (C) 1.16%USD - IU (C) 1.14%USD - IU (D) 1.14%EUR - MHE (C) 1.20%USD - MU (C) 1.25%EUR - SHE (C)* 2.60%USD - SU (C) 2.63%

Equity US Growth EUR - AE (C) 2.47%EUR - AHE (C) 2.45%USD - AU (C) 2.48%USD - AU (D) 2.47%EUR - FHE (C) 3.86%USD - FU (C) 3.88%EUR - IHE (C) 1.38%USD - IU (C) 1.31%USD - IU (D) 1.37%EUR - MHE (C) 1.74%USD - MU (C)* 1.47%USD - SU (C) 2.95%

Equity US Relative Value EUR - AE (C) 2.16%EUR - AHE (C) 2.16%CZK - AHK (C) 2.16%USD - AU (C) 2.16%USD - AU (D) 2.18%EUR - FHE (C) 3.56%USD - FU (C) 3.57%EUR - IHE (C) 0.97%USD - IU (C) 0.97%USD - IU (D) 0.97%EUR - MHE (C) 1.07%USD - MU (C) 1.07%EUR - OHE (C)* 0.14%EUR - SHE (C) 2.57%USD - SU (C) 2.58%


265


Equity Global Select EUR - AE (C) 1.84%EUR - AE (D)* 1.87%USD - AU (C) 1.85%USD - AU (D) 1.85%USD - FU (C) 3.24%USD - IU (C) 1.01%USD - OU (C) 0.30%EUR - SE (C) 2.23%USD - SU (C) 2.25%

Equity Japan Value EUR - AE (C) 2.07%JPY - AJ (C) 2.06%JPY - AJ (D) 2.05%JPY - FJ (C) 3.46%JPY - IJ (C) 1.18%JPY - I2 (D) 0.81%JPY - I9 (C) 0.66%JPY - MJ (C) 1.16%JPY - SJ (C) 2.45%

Equity Euro Select EUR - AE (C) 1.74%EUR - AE (D) 1.75%EUR - FE (C) 3.15%EUR - IE (C) 0.96%EUR - IE (D)* 0.48%EUR - ME (C) 0.96%EUR - OE (C) 0.32%EUR - SE (C) 2.14%

Equity Europe Select EUR - AE (C) 1.75%EUR - AE (D) 1.75%EUR - FE (C) 3.15%EUR - IE (C) 0.96%EUR - IE (D)* 0.47%EUR - ME (C) 0.96%EUR - OE (C) 0.31%EUR - SE (C) 2.15%

Equity Euroland Small EUR - AE (C) 2.26%Cap EUR - AE (D) 2.25%

EUR - FE (C) 3.65%EUR - IE (C) 1.15%EUR - ME (C) 1.15%EUR - OE (C) 0.34%EUR - SE (C) 2.65%

Equity Global Gold Mines EUR - AE (C) 2.27%EUR - AE (D) 2.66%USD - AU (C) 2.29%USD - FU (C) 3.69%USD - IU (C) 1.30%USD - MU (C) 1.33%USD - OU (C)* 0.39%EUR - SHE (C) 2.72%USD - SU (C) 2.70%

Equity Global Luxury EUR - AE (C) 2.30%and Lifestyle EUR - AE (D)* 2.32%

USD - AU (C) 2.30%EUR - FHE (C)* 3.75%USD - FU (C) 3.71%USD - IU (C)* 0.67%USD - MU (C) 1.30%USD - OU (C) 0.40%EUR - SHE (C)* 2.70%USD - SU (C) 2.72%

Equity Global Agriculture EUR - AE (C) 2.23%EUR - AHE (C) 2.24%USD - AU (C) 2.23%USD - AU (D) 2.24%EUR - FHE (C)* 3.66%USD - FU (C) 3.66%EUR - IHE (C) 1.24%USD - IU (C) 1.24%USD - MU (C) 1.25%USD - OU (C)* 0.28%EUR - SHE (C) 3.72%USD - SU (C) 2.64%


266


Equity Global Resources EUR - AE (C) 2.25%USD - AU (C) 2.26%USD - AU (D) 2.26%USD - FHE (C)* 1.86%USD - FU (C) 3.66%USD - IU (C) 1.26%USD - MU (C) 1.25%EUR - SHE (C) 2.66%USD - SU (C) 2.66%

Equity Europe EUR - AE (C) 2.29%Restructuring EUR - FE (C) 3.69%

EUR - IE (C) 1.20%EUR - IE (D) 1.20%EUR - ME (C) 1.18%EUR - OE (C) 0.40%EUR - SE (C) 2.69%

Equity ASEAN USD - AU (C) 2.33%USD - AU (D) 2.33%USD - FU (C) 3.77%USD - IU (C) 1.36%USD - I4 (C) 0.94%USD - I9 (C) 0.79%USD - SU (C) 2.73%

Equity Asia ex Japan EUR - AE (C) 2.55%USD - AU (C) 2.31%USD - AU (D) 2.29%USD - FU (C) 3.71%USD - IU (C) 1.37%USD - MU (C) 1.37%USD - SU (C) 2.71%USD - XU (C) 0.92%

Equity Brazil EUR - AE (C)* 2.45%USD - AU (C) 2.38%USD - AU (D) 2.38%USD - FU (C) 3.79%USD - IU (C) 1.44%USD - MU (C) 1.45%USD - SU (C) 2.77%

Equity Emerging Europe EUR - AE (C) 2.46%EUR - AE (D) 2.46%EUR - FE (C) 3.86%EUR - IE (C) 1.55%EUR - ME (C) 1.51%EUR - SE (C) 2.86%

Equity Emerging Internal EUR - AE (C) 2.47%Demand EUR - AE (D) 2.41%

EUR - AHE (C) 2.45%USD - AU (C) 2.43%USD - AU (D) 2.44%USD - FU (C) 3.84%USD - IU (C) 1.50%USD - I4 (C)* 0.77%USD - MU (C) 1.50%USD - OU (C) 0.45%EUR - SE (C) 2.83%USD - SU (C) 2.84%USD - XU (C) 1.04%

Equity Emerging World EUR - AE (C) 2.32%EUR - AE (D)* 2.35%USD - AU (C) 2.33%USD - AU (D) 2.33%USD - FU (C) 3.73%USD - IU (C) 1.39%USD - IU (D)* 1.35%USD - I8 (C) 1.34%USD - MU (C) 1.39%USD - OU (C)* 0.16%USD - O1 (C) 0.29%USD - SU (C) 2.73%


267


Equity MENA EUR - AE (C) 3.13%EUR - AHE (C) 2.66%USD - AU (C) 2.85%USD - AU (D) 2.87%EUR - FHE (C) 4.45%USD - FU (C) 4.41%EUR - IHE (C) 1.96%USD - IU (C) 2.56%USD - IU (D) 2.00%USD - OU (C) 1.00%EUR - SHE (C) 3.20%USD - SU (C) 3.47%

Equity Greater China EUR - AE (C) 2.26%EUR - AE (D) 2.23%USD - AU (C) 2.27%USD - AU (D) 2.26%USD - FU (C) 3.67%USD - IU (C) 1.33%USD - I2 (D) 0.87%USD - I4 (C) 0.87%USD - I9 (C) 0.72%USD - MU (C) 1.33%USD - SU (C) 2.67%USD - XU (C) 0.87%

Equity India EUR - AE (C) 2.26%EUR - AE (D) 2.25%USD - AU (C) 2.27%USD - AU (D) 2.26%USD - FU (C) 3.68%USD - IU (C) 1.33%USD - I2 (D) 0.88%USD - I4 (C) 0.88%USD - I9 (C) 0.73%USD - MU (C) 1.33%USD - SU (C) 2.67%USD - XU (C)* 0.44%

Equity India Select EUR - AE (C)* 2.27%USD - AU (C)* 2.28%USD - AU (D)* 2.29%USD - FU (C)* 3.68%USD - IU (C)* 1.33%USD - IU (D)* 1.29%USD - I6 (C)* 1.24%USD - MU (C)* 0.57%

Equity India Infrastructure USD - AU (C) 2.35%USD - AU (D) 2.35%USD - FU (C) 3.76%USD - IU (C) 1.23%USD - I4 (C) 0.96%USD - MU (C) 1.42%USD - SU (C) 2.76%

Equity Korea EUR - AE (C) 2.50%USD - AU (C) 2.49%USD - AU (D) 2.43%USD - FU (C) 3.91%USD - IU (C) 1.66%USD - I2 (D) 1.11%USD - I4 (C) 1.11%USD - MU (C)* 1.57%USD - SU (C) 2.90%USD - XU (C) 1.16%


268


Equity Latin America EUR - AE (C) 2.28%EUR - AE (D) 2.38%USD - AU (C) 2.28%USD - AU (D) 2.28%USD - FU (C) 3.68%USD - IU (C) 1.34%USD - MU (C) 1.34%USD - O1 (C) 0.24%EUR - SE (C) 2.67%USD - SU (C) 2.68%USD - XU (C) 0.88%

Equity Thailand USD - AU (C) 2.23%USD - AU (D) 2.25%USD - FU (C)* 1.86%USD - IU (C) 1.49%USD - MU (C) 1.50%USD - SU (C) 2.64%USD - XU (C) 0.99%

Equity Global Aqua EUR - AE (C) 2.25%EUR - AE (D) 2.24%EUR - FE (C) 3.74%EUR - IE (C) 1.24%EUR - ME (C) 1.25%EUR - SE (C) 2.64%

Equity Europe Minimum EUR - IE (C)* 0.96%Variance EUR - ME (C)* 0.98%

EUR - SE (C)* 1.15%Equity Global Minimum USD - AU (C)* 0.92%Variance EUR - IE (C)* 0.42%

USD - OU (C)* 0.14%USD - SU (C)* 1.10%

Convertible Europe EUR - AE (C) 1.66%EUR - AE (D)* 0.88%EUR - FE (C) 2.28%EUR - IE (C) 0.83%EUR - ME (C) 0.88%EUR - SE (C) 1.88%

Convertible Global EUR - AE (C) 1.74%EUR - AE (D) 1.74%EUR - FE (C) 2.36%EUR - IE (C) 0.89%EUR - ME (C)* 0.90%EUR - SE (C) 1.93%

Bond Global Corporate EUR - AE (C) 1.39%EUR - AE (D) 1.49%EUR - AHE (C)* 0.79%USD - AU (C) 1.35%USD - AU (D) 1.34%USD - FU (C) 1.96%EUR - IHE (C)* 0.43%USD - IU (C) 0.81%USD - MU (C)* 0.49%USD - OU (C)* 0.24%USD - SU (C) 1.54%

Bond Euro Aggregate EUR - AE (C) 1.20%EUR - AE (D) 1.21%EUR - FE (C) 1.60%EUR - IE (C) 0.61%EUR - I2 (D) 0.46%EUR - ME (C) 0.72%EUR - OE (C) 0.16%EUR - SE (C) 1.40%

Bond Euro Corporate EUR - AE (C) 1.21%EUR - AE (D) 1.21%EUR - FE (C) 1.60%EUR - IE (C) 0.62%EUR - IE (D) 0.61%EUR - I2 (D) 0.46%EUR - ME (C) 0.72%EUR - OE (C) 0.17%EUR - SE (C) 1.40%


269


Bond Euro Government EUR - AE (C) 1.23%EUR - AE (D) 1.25%EUR - FE (C)* 1.63%EUR - IE (C)* 0.59%EUR - ME (C)* 0.65%EUR - OE (C)* 0.20%EUR - SE (C)* 1.57%

Bond Euro Inflation EUR - AE (C) 1.18%EUR - AE (D) 1.18%EUR - FE (C) 1.58%EUR - IE (C) 0.59%EUR - ME (C) 0.59%EUR - OE (C) 0.14%EUR - SE (C) 1.38%

Bond Euro High Yield EUR - AE (C) 1.74%EUR - AE (D) 1.74%EUR - FE (C) 2.34%EUR - IE (C) 0.81%EUR - IE (D) 0.80%EUR - I2 (D) 0.65%EUR - ME (C) 0.84%EUR - OE (C) 0.26%EUR - SE (C) 1.94%

Bond US Opportunistic EUR - AE (C) 1.22%Core Plus EUR - AHE (C) 1.23%

USD - AU (C) 1.23%USD - AU (D) 1.23%EUR - FHE (C) 1.83%USD - FHE-QD (D)* 0.98%USD - FU (C) 1.84%EUR - IHE (C) 0.68%USD - IU (C) 0.69%USD - IU (D) 0.35%EUR - MHE (C) 0.75%USD - MU (C) 0.77%EUR - SHE (C) 1.44%EUR - SHE-QD (D)* 3.67%USD - SU (C) 1.44%

Bond Europe EUR - AE (C) 1.22%EUR - AE (D) 1.22%EUR - FE (C) 1.82%EUR - IE (C) 0.73%EUR - ME (C) 0.79%EUR - SE (C) 1.42%

Bond Global Aggregate EUR - AE (C) 1.39%EUR - AE (D) 1.38%USD - AU (C) 1.36%USD - AU (D) 1.41%EUR - FHE (C) 2.18%EUR - FHE (MD) 2.18%USD - FU (C) 2.18%EUR - IE (C) 0.51%EUR - IHE (C) 0.51%USD - IU (C) 0.81%EUR - MHE (C) 0.91%USD - MU (C) 0.85%USD - OU (C) 0.25%EUR - SHE (C) 1.58%EUR - SHE-MD (D) 1.57%USD - SU (C) 1.56%

Bond Global EUR - AE (C) 1.26%EUR - AE (D) 1.27%USD - AU (C) 1.26%USD - AU (D) 1.28%EUR - FHE (C) 2.07%EUR - FHE (MD) 2.06%USD - FU (C) 2.06%EUR - IE-D (D) 0.77%USD - IU (C) 0.72%USD - IU (D) 0.71%EUR - MHE (C)* 0.45%USD - MU (C) 0.76%USD - OU (C)* 0.16%EUR - SHE (C) 1.46%EUR - SHE-MD (D) 1.46%USD - SU (C) 1.45%


270


Bond Global Inflation EUR - AE (C) 1.17%EUR - AE (D) 1.17%EUR - FE (C) 1.67%EUR - IE (C) 0.58%EUR - ME (C) 0.69%EUR - SE (C) 1.38%

Bond Emerging Inflation USD - AU (C) 1.95%USD - AU (D) 1.95%USD - FU (C) 2.57%EUR - IE (C) 0.88%USD - IU (C) 0.84%USD - OU (C)* 0.37%USD - SU (C) 2.16%

Bond Global Emerging EUR - AE (C) 2.08%EUR - AE (D) 2.38%USD - AU (C) 2.05%USD - AU (D) 2.07%EUR - FHE (C) 2.68%EUR - FHE (MD) 2.67%USD - FU (C) 2.66%USD - IU (C) 0.96%USD - MHE (C)* 0.61%USD - MU (C) 1.06%EUR - SHE (C) 2.26%EUR - SHE-MD (D) 2.26%USD - SU (C) 2.25%

Bond Global Emerging EUR - AE (D)* 1.12%Corporate EUR - AHE (C)* 1.11%

USD - AU (C)* 1.13%USD - AU (D)* 1.13%EUR - IHE (C)* 0.50%USD - IU (C)* 0.95%EUR - FHE (C)* 1.53%EUR - SHE (C)* 1.25%

Multi Asset Emerging EUR - AHE (C)* 1.10%Markets USD - AU (C)* 1.29%

EUR - IHE (C)* 0.60%USD - IU (C)* 0.60%USD - OU (C)* 0.21%USD - SU (C)* 1.21%

Index Equity Euro EUR - AE (C) 0.42%EUR - AE (D) 0.42%EUR - IE (C) 0.22%EUR - IE (D) 0.20%EUR - ME (C) 0.27%EUR - OE (C) 0.13%

Index Equity Europe EUR - AE (C) 0.39%EUR - AE (D) 0.39%EUR - IE (C) 0.19%EUR - IE (D) 0.19%EUR - ME (C) 0.24%EUR - OE (C) 0.09%

Index Equity North EUR - AE (C) 0.36%America EUR - AE (D) 0.36%

USD - AU (C) 0.36%EUR - IE (C) 0.17%EUR - IE (D) 0.17%USD - IU (C) 0.17%EUR - ME (C) 0.22%EUR - OE (C) 0.07%

Index Equity Pacific EUR - AE (C) 0.43%EUR - AE (D) 0.42%EUR - IE (C) 0.29%EUR - IE (D) 0.29%EUR - ME (C) 0.34%EUR - OE (C) 0.19%


271


Index Global Bond (EUR) EUR - AE (C) 0.42%Hedged EUR - AE (D) 0.44%

EUR - IE (C) 0.23%EUR - ME (C) 0.28%

Absolute Forex EUR - AE (C) 0.94%EUR - AE (D)* 0.41%EUR - FE (C) 1.44%EUR - Classic H (C) 1.32%EUR - IE (C) 0.51%EUR - ME (C) 0.61%EUR - SE (C) 1.04%

Absolute VaR 2(EUR) EUR - AE (C) 0.90%EUR - AE (D) 0.90%GBP - AHG (C) 0.90%GBP - AHG (D)* 0.90%USD - AHU (C)* 0.90%USD - AHU (D)* 0.86%EUR - FE (C) 1.21%USD - FHU (C)* 1.22%EUR - Classic H (C) 1.19%EUR - IE (C) 0.46%GBP - IHG (C) 0.46%EUR - ME (C) 0.56%EUR - SE (C) 1.00%USD - SHU (C)* 1.00%

Absolute VaR 4(EUR) EUR - AE (C) 1.20%EUR - AE (D) 1.20%USD - AHU (C)* 1.20%USD - AHU (D)* 1.20%EUR - FE (C) 1.66%EUR - Classic H (C) 1.49%EUR - IE (C) 0.66%USD - IHU (C)* 0.66%EUR - ME (C) 0.76%EUR - SE (C) 1.30%USD - SHU (C)* 1.29%

Absolute Statistical EUR - AE (C) 1.64%Arbitrage USD - AHU (C) 1.58%

EUR - FE (C) 2.37%EUR - IE (C) 0.95%EUR - IE (D) 0.94%USD - IHU (C) 0.95%EUR - ME (C) 1.01%EUR - SE (C) 1.97%

Absolute High Yield EUR - AE (C) 1.18%EUR - AE (D) 1.18%EUR - FE (C) 1.69%EUR - Classic H (C)* 0.73%EUR - IE (C) 0.64%EUR - ME (C) 0.75%EUR - SE (C) 1.28%

Absolute Volatility Arbitrage EUR - AE (C) 1.33%EUR - AE (D) 1.33%EUR - FE (C) 1.84%EUR - Classic H (C) 1.63%EUR - IE (C) 0.79%EUR - ME (C) 0.89%EUR - SE (C) 1.43%

Absolute Volatility Arbitrage EUR - AE (C) 1.62%Plus EUR - IE (C) 1.09%

EUR - IE (D) 1.10%EUR - ME (C)* 1.21%EUR - SE (C) 1.79%


272

* Em certos casos (quando um Subfundo tiver sido retirado, liquidado ou lançado dentro dos últimos 12 meses, quando qualquer classe de acções tiver sido lançada ou liquidada dentro dos últimos 12 meses,quando os activos sob gestão para qualquer classe de acções tiverem aumentado ou diminuído significativamente dentro dos últimos 12 meses, ou quando houver poucos activos sob gestão para qualquerclasse), os Rácios Totais de Despesas calculados numa base anual (período de referência de 12 meses) podem não ser representativos do verdadeiro valor.

1 O Subfundo Amundi Funds Money Market Euro foi renomeado para Amundi Funds Cash EUR em 3 de Dezembro de 2012.2 O Subfundo Amundi Funds Money Market USD foi renomeado para Amundi Funds Cash USD em 3 de Dezembro de 2012.


Absolute Volatility Euro EUR - AE (C) 1.38%Acções EUR - AE (D) 1.38%

CHF - AHC (C) 1.39%GBP - AHG (C)* 0.70%GBP - AHG (D) 1.38%EUR - FE (C) 2.09%EUR - Classic H (C) 1.98%EUR - IE (C) 0.64%EUR - IE (D) 0.64%CHF - IHC (C) 0.64%GBP - IHG (D) 0.63%GBP - IHG0 (D) 0.64%EUR - ME (C) 0.84%EUR - OE (C) 0.12%EUR - SE (C) 1.68%

Absolute Volatility World EUR - AE (C) 1.38%Acções EUR - AE (D) 1.57%

CHF - AHC (C)* 1.41%EUR - AHE (C) 1.39%EUR - AHE (D) 1.38%GBP - AHG (C) 1.39%GBP - AHG (D) 1.38%SGD - AHS (C)* 1.41%SGD - AHS (D) 0.70%USD - AU (C) 1.38%USD - AU (D) 1.38%EUR - FHE (C)* 2.08%USD - FU (C) 2.08%USD - Classic H (C) 1.97%USD - IHC (C)* 0.33%EUR - IHE (C) 0.63%GBP - IHG (C) 0.63%GBP - IHG (D) 0.63%GBP - IHG0 (D) 0.63%JPY - IHJ (C) 0.63%USD - IU (C) 0.63%USD - IU (D) 0.62%USD - MU (C) 0.83%USD - OU (C) 0.13%EUR - SHE (C) 1.67%USD - SU (C) 1.67%

Cash EUR1 EUR - AE (C) 0.40%EUR - AE (D) 0.38%EUR - FE (C) 0.59%EUR - IE (C) 0.22%EUR - IE (D) 0.22%EUR - ME (C) 0.22%EUR - OE (C) 0.12%EUR - SE (C) 0.43%

Cash USD2 USD - AU (C) 0.18%USD - AU (D) 0.17%USD - FU (C) 0.18%USD - IU (C) 0.20%USD - MU (C) 0.20%USD - SU (C) 0.17%


274

DADOS HISTÓRICOS (expressos nas moedas das classes)

Aqui estão os mais elevados preços de acções e os mais baixos preços de resgate de acções dos 10 últimos anos financeiros ou, se o subfundo ainda não existiadurante todo esse período, ao longo de todo o seu período de existência. Pode haver uma grande variação ao longo do tempo no valor de uma classe de acções, devido à uma acção empresarial.

Amundi Funds Equity Euroland Value - AHK (C) 1,916.70 2,301.85 1,776.32 2,557.48 1,810.78 2,534.37

Amundi Funds Equity Euroland Value - AE (C) 78.61 95.01 71.65 102.46 94.17 117.55

Amundi Funds Equity Euroland Value - FE (C) 77.43 93.04 71.40 102.43 89.38 110.88

Amundi Funds Equity Euroland Value - IE (C) 795.55 965.76 718.45 1,024.95 970.54 1,262.99

Amundi Funds Equity Euroland Value - IE (D) 916.99 1,113.19 913.56 1,106.74

Amundi Funds Equity Euroland Value - ME (C) 79.55 96.57 71.84 102.49 97.05 126.28

Amundi Funds Equity Euroland Value - OE (C) 802.48 977.36 719.89 1,025.39 92.95 1,015.81

Amundi Funds Equity Euroland Value - SE (C) 78.51 94.73 71.78 99.15

Amundi Funds Equity Global Alpha - AE (C) 92.25 100.70 80.09 105.08 74.89 101.93

Amundi Funds Equity Global Alpha - AU (D) 100.39 103.54

Amundi Funds Equity Global Alpha - AU (C) 80.74 90.27 73.67 104.77 24.83 102.38

Amundi Funds Equity Global Alpha - FU (C) 79.52 88.74 73.39 104.66 98.50 146.07

Amundi Funds Equity Global Alpha - IU (C) 815.11 912.42 738.53 1,048.29 985.17 1,692.98

Amundi Funds Equity Global Alpha - OU (C) 739.91 1,051.44 67.99 1,024.18

Amundi Funds Equity Global Alpha - SU (C) 81.99 91.62 75.08 106.60

Amundi Funds Equity Japan Target - AHE (C) 88.27 103.27 87.11 106.54 54.44 102.72

Amundi Funds Equity Japan Target - AE (C) 101.50 116.48 96.94 114.16 100.04 102.04

Amundi Funds Equity Japan Target - AJ (C) 8,880.84 10,421.18 8,723.36 10,682.47 1,358.07 10,279.41

Amundi Funds Equity Japan Target - AJ (D) 7,463.53 8,758.06 7,924.94 8,245.48

Amundi Funds Equity Japan Target - FHE (C) 86.65 101.13 86.64 105.16 99.99 102.67

Amundi Funds Equity Japan Target - FJ (C) 8,738.90 10,224.37 8,681.54 10,590.43 8,445.95 10,828.90

Amundi Funds Equity Japan Target - IHE (C) 750.60 880.31 794.48 825.84

Amundi Funds Equity Japan Target - IJ (C) 89,994.28 105,869.97 87,361.22 107,485.52 98,837.30 126,531.45

Amundi Funds Equity Japan Target - IJ (D) 75,602.19 88,973.94 80,013.54 83,258.46

Amundi Funds Equity Japan Target - MHE (C) 74.36 87.19 78.73 81.84

Amundi Funds Equity Japan Target - MJ (C) 8,971.35 10,551.75 8,695.56 10,698.36 9,871.91 12,638.01

Amundi Funds Equity Japan Target - OJ (C) 90,457.45 104,545.61 8,210.09 102,842.28

Amundi Funds Equity Japan Target - SHE (C) 71.89 83.97 76.46 79.46

Amundi Funds Equity Japan Target - SJ (C) 8,553.22 10,028.39 8,380.97 10,271

Amundi Funds Equity US Concentrated Core - AHE (C) 101.58 113.15 88.57 114.99 15.70 103.64

Amundi Funds Equity US Concentrated Core - AE (C) 120.85 130.64 88.93 127.52 76.47 103.32

Amundi Funds Equity US Concentrated Core - AE (D) 99.81 106.23

Amundi Funds Equity US Concentrated Core - AU (C) 103.42 115.36 88.78 116.41 20.34 103.78

Amundi Funds Equity US Concentrated Core - AU (D) 103.57 115.53 88.77 116.54 86.48 118.49

Amundi Funds Equity US Concentrated Core - FHE (C) 99.81 110.90 88.46 113.55 99.21 161.19

Amundi Funds Equity US Concentrated Core - FU (C) 101.75 113.27 88.57 115.23 94.91 128.96

Amundi Funds Equity US Concentrated Core - IHE (C) 1,025.35 1,143.12 888.23 1,156.38 991.13 1,037.07

Amundi Funds Equity US Concentrated Core - IU (C) 1,040.24 1,162.11 889.62 1,168.76 991.04 1,550.71

Amundi Funds Equity US Concentrated Core - IU (D) 1,045.20 1,167.65 889.24 1,172.11 922.31 1,274.72

Amundi Funds Equity US Concentrated Core - MHE (C) 103.75 115.66 90.25 117.01

Amundi Funds Equity US Concentrated Core - MU (C) 104.40 116.62 88.91 117.12 99.10 155.43

Amundi Funds Equity US Concentrated Core - SHE (C) 92.35 102.73 92.23 95.15

Amundi Funds Equity US Concentrated Core - SU (C) 97.65 108.86 84.41 110.2

Amundi Funds Equity US Growth - AHE (C) 82.54 94.53 76.82 107.75 19.64 103.67

Amundi Funds Equity US Growth - AE (C) 96.00 108.59 81.86 111.35 87.66 110.25

Amundi Funds Equity US Growth - AU (C) 84.11 96.55 77.38 107.79 28.91 103.73

Amundi Funds Equity US Growth - AU (D) 84.06 96.49 77.33 107.87 99.25 160.20

Amundi Funds Equity US Growth - FHE (C) 81.45 93.10 76.77 107.69 90.98 126.28

Amundi Funds Equity US Growth - FU (C) 82.91 94.99 77.14 107.74 99.23 187.10

Amundi Funds Equity US Growth - IHE (C) 838.14 961.49 769.91 1,077.88 992.38 1,484.79

Amundi Funds Equity US Growth - IU (C) 851.98 979.52 776.95 1,078.37 992.47 2,232.01

Amundi Funds Equity US Growth - IU (D) 851.82 979.35 776.69 1,081.05 992.47 1,696.91

Amundi Funds Equity US Growth - MHE (C) 90.23 103.26 83.38 108.55

Amundi Funds Equity US Growth - MU (C) 85.13 97.86 77.69 107.83 99.25 221.73

Amundi Funds Equity US Growth - SU (C) 80.57 92.43 74.5 101.87

Ano contabilístico com término em: 31/12/12 31/12/12 30/06/12 30/06/12 30/06/11 30/06/11 30/06/10 30/06/10 30/06/09 30/06/09 30/06/08 30/06/08

Nome, classe e parte do subfundo

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275

Amundi Funds Equity Euroland Value - AHK (C)Amundi Funds Equity Euroland Value - AE (C)Amundi Funds Equity Euroland Value - FE (C)Amundi Funds Equity Euroland Value - IE (C)Amundi Funds Equity Euroland Value - IE (D)Amundi Funds Equity Euroland Value - ME (C)Amundi Funds Equity Euroland Value - OE (C)Amundi Funds Equity Euroland Value - SE (C)Amundi Funds Equity Global Alpha - AE (C)Amundi Funds Equity Global Alpha - AU (D)Amundi Funds Equity Global Alpha - AU (C)Amundi Funds Equity Global Alpha - FU (C)Amundi Funds Equity Global Alpha - IU (C)Amundi Funds Equity Global Alpha - OU (C)Amundi Funds Equity Global Alpha - SU (C)Amundi Funds Equity Japan Target - AHE (C)Amundi Funds Equity Japan Target - AE (C)Amundi Funds Equity Japan Target - AJ (C)Amundi Funds Equity Japan Target - AJ (D)Amundi Funds Equity Japan Target - FHE (C)Amundi Funds Equity Japan Target - FJ (C)Amundi Funds Equity Japan Target - IHE (C)Amundi Funds Equity Japan Target - IJ (C)Amundi Funds Equity Japan Target - IJ (D)Amundi Funds Equity Japan Target - MHE (C)Amundi Funds Equity Japan Target - MJ (C)Amundi Funds Equity Japan Target - OJ (C)Amundi Funds Equity Japan Target - SHE (C)Amundi Funds Equity Japan Target - SJ (C)Amundi Funds Equity US Concentrated Core - AHE (C)Amundi Funds Equity US Concentrated Core - AE (C)Amundi Funds Equity US Concentrated Core - AE (D)Amundi Funds Equity US Concentrated Core - AU (C)Amundi Funds Equity US Concentrated Core - AU (D)Amundi Funds Equity US Concentrated Core - FHE (C)Amundi Funds Equity US Concentrated Core - FU (C)Amundi Funds Equity US Concentrated Core - IHE (C)Amundi Funds Equity US Concentrated Core - IU (C)Amundi Funds Equity US Concentrated Core - IU (D)Amundi Funds Equity US Concentrated Core - MHE (C)Amundi Funds Equity US Concentrated Core - MU (C)Amundi Funds Equity US Concentrated Core - SHE (C)Amundi Funds Equity US Concentrated Core - SU (C)Amundi Funds Equity US Growth - AHE (C)Amundi Funds Equity US Growth - AE (C)Amundi Funds Equity US Growth - AU (C)Amundi Funds Equity US Growth - AU (D)Amundi Funds Equity US Growth - FHE (C)Amundi Funds Equity US Growth - FU (C)Amundi Funds Equity US Growth - IHE (C)Amundi Funds Equity US Growth - IU (C)Amundi Funds Equity US Growth - IU (D)Amundi Funds Equity US Growth - MHE (C)Amundi Funds Equity US Growth - MU (C)Amundi Funds Equity US Growth - SU (C)



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276

Amundi Funds Equity US Relative Value - AHE (C) 95.04 108.15 77.52 104.69 20.04 102.49

Amundi Funds Equity US Relative Value - AHK (C) 2,317.73 2,633.63 1,913.23 2,610.95 1,771.24 2,556.90

Amundi Funds Equity US Relative Value - AE (C) 114.33 123.82 82.97 116.60 64.62 102.09

Amundi Funds Equity US Relative Value - AU (C) 96.69 110.53 78.02 105.98 18.46 102.55

Amundi Funds Equity US Relative Value - AU (D) 96.67 110.33 78.02 105.98 74.58 104.67

Amundi Funds Equity US Relative Value - FHE (C) 93.61 105.88 77.17 104.62 95.19 131.84

Amundi Funds Equity US Relative Value - FU (C) 95.27 108.24 77.72 104.88 98.38 1,184.03

Amundi Funds Equity US Relative Value - IHE (C) 961.60 1,099.96 777.58 1,052.70 983.64 1,534.68

Amundi Funds Equity US Relative Value - IU (C) 979.01 1,124.98 782.80 1,069.10 983.98 1,419.93

Amundi Funds Equity US Relative Value - IU (D) 979.02 1,119.74 782.80 1,069.10 767.99 1,080.49

Amundi Funds Equity US Relative Value - MHE (C) 96.72 110.16 78.27 105.94 98.37 152.98

Amundi Funds Equity US Relative Value - MU (C) 97.81 112.34 78.26 106.84 98.40 152.39

Amundi Funds Equity US Relative Value - OHE (C) 778.90 1,047.41 113.46 1,025.06

Amundi Funds Equity US Relative Value - OU (C) 782.00 1,048.23 125.65 1,025.95

Amundi Funds Equity US Relative Value - SHE (C) 94.53 106.94 77.29 103.98

Amundi Funds Equity US Relative Value - SU (C) 95.44 108.53 77.30 104.74

Amundi Funds Equity Global Select - AE (C) 99.52 107.85 85.61 105.91

Amundi Funds Equity Global Select - AE (D) 99.78 108.14 96.46 105.59

Amundi Funds Equity Global Select - AU (C) 7.40 8.31 6.86 8.88 6.59 8.96 5.70 7.62 4.44 8.68 8.59 10.91

Amundi Funds Equity Global Select - AU (D) 7.16 8.04 6.63 8.60 6.38 8.67 5.53 7.38 4.31 8.68 8.59 10.91

Amundi Funds Equity Global Select - FU (C) 84.06 94.18 79.93 103.84

Amundi Funds Equity Global Select - IU (C) 1,026.99 1,154.59 945.30 1,220.17 829.30 1,232.17 730.75 982.59 564.74 1,110.61 1,098.03 1,387.78

Amundi Funds Equity Global Select - OU (C) 102.82 115.71 99.77 115.46

Amundi Funds Equity Global Select - SE (C) 95.82 103.89 82.83 102.25 93.87 103.20

Amundi Funds Equity Global Select - SU (C) 7.06 7.92 6.57 8.52 6.34 8.59 5.51 7.34 4.30 8.41 8.32 10.60

Amundi Funds Equity Japan Value - AE (C) 101.54 111.69 92.34 112.14 99.72 102.00

Amundi Funds Equity Japan Value - AJ (C) 5,283.00 6,487.00 5,079.00 6,489.00 5,447.00 7,006.00 5,657 7,254 4,493 8,366 7,192 11,611

Amundi Funds Equity Japan Value - AJ (D) 8,849.00 10,844.00 8,507.00 10,869.00 9,123.00 11,735.00 9,475 12,149

Amundi Funds Equity Japan Value - I9 (C) 6,147.00 7,594.00 5,855.00 7,517.00 6,219.00 7,992.00 6,362 8,197 5,012 9,270 9,117 10,000

Amundi Funds Equity Japan Value - I2 (D) 4,620.00 5,646.00 4,477.00 5,698.00 4,834.00 6,223.00 5,097 6,506 4,077 7,663 6,599 10,677

Amundi Funds Equity Japan Value - FJ (C) 8,557.00 10,445.00 8,304.00 10,559.00 9,965.00 10,241.00

Amundi Funds Equity Japan Value - IJ (C) 55,051.00 67,861.00 52,610.00 67,423.00 56,073.00 72,082.00 57,667 74,166 45,561 84,472 72,434 116,334

Amundi Funds Equity Japan Value - MHE (C) 102.98 105.26 99.71 102.39

Amundi Funds Equity Japan Value - MJ (C) 8,784.00 10,829.00 8,395.00 10,759.00 8,948.00 11,503.00

Amundi Funds Equity Japan Value - SJ (C) 5,181.00 6,352.00 4,994.00 6,373.00 5,371.00 6,911.00 5,608 7,178 4,466 8,340 7,179 11,621

Amundi Funds Equity Euro Select - AE (C) 108.85 129.53 94.53 134.59 113.14 141.12 100.24 131.83 83.63 110.97

Amundi Funds Equity Euro Select - AE (D) 101.06 118.64 89.66 127.64 108.22 133.31 96.38 126.09

Amundi Funds Equity Euro Select - FE (C) 81.67 96.40 71.57 102.21 96.94 101.49

Amundi Funds Equity Euro Select - IE (C) 1,120.26 1,337.17 967.45 1,375.06 1,146.83 1,437.44 1,007.96 1,333.93 837.80 1,114.19

Amundi Funds Equity Euro Select - IE (D) 842.26 996.48

Amundi Funds Equity Euro Select - ME (C) 83.34 99.54 71.96 102.26 96.95 101.53

Amundi Funds Equity Euro Select - OE (C) 1,014.01 1,210.81 949.52 1,153.53

Amundi Funds Equity Euro Select - SE (C) 114.79 136.04 99.75 142.15 119.96 149.26 106.70 139.90

Amundi Funds Equity Europe Select - AE (C) 125.65 143.87 105.41 142.56 118.50 147.71 100.73 134.90 82.48 109.52

Amundi Funds Equity Europe Select - AE (D) 118.57 134.42 100.08 135.85 114.29 140.76 97.65 130.11

Amundi Funds Equity Europe Select - FE (C) 89.85 102.32 76.27 103.53 98.37 102.07

Amundi Funds Equity Europe Select - IE (C) 1,292.21 1,480.71 1,077.24 1,455.55 1,199.43 1,502.41 1,011.28 1,363.03 825.11 1,099.17

Amundi Funds Equity Europe Select - IE (D) 899.58 1,142.84

Amundi Funds Equity Europe Select - ME (C) 92.02 105.75 76.69 103.63 98.41 102.12

Amundi Funds Equity Europe Select - OE (C) 888.74 1,024.00 736.73 994.10 943.84 979.53

Amundi Funds Equity Europe Select - SE (C) 138.71 158.55 116.76 158.07 131.89 164.00 112.56 150.28

Amundi Funds Equity Euroland Small Cap - AE (C) 87.23 105.24 74.24 103.89 98.11 180.36

Amundi Funds Equity Euroland Small Cap - AE (D) 87.23 105.23 74.24 103.89 98.11 102.23

Amundi Funds Equity Euroland Small Cap - FE (C) 86.16 103.48 73.88 103.84 98.09 169.11

Amundi Funds Equity Euroland Small Cap - IE (C) 880.86 1,066.51 744.97 1,039.27 981.26 1,960.48

Amundi Funds Equity Euroland Small Cap - ME (C) 88.07 106.62 74.52 103.92 98.13 195.53

Amundi Funds Equity Euroland Small Cap - OE (C) 908.39 1,106.40 753.20 1,039.79 94.60 1,022.77

Amundi Funds Equity Euroland Small Cap - SE (C) 86.91 104.72 74.13 103.88 98.11 102.23



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277

Amundi Funds Equity US Relative Value - AHE (C)Amundi Funds Equity US Relative Value - AHK (C)Amundi Funds Equity US Relative Value - AE (C)Amundi Funds Equity US Relative Value - AU (C)Amundi Funds Equity US Relative Value - AU (D)Amundi Funds Equity US Relative Value - FHE (C)Amundi Funds Equity US Relative Value - FU (C)Amundi Funds Equity US Relative Value - IHE (C)Amundi Funds Equity US Relative Value - IU (C)Amundi Funds Equity US Relative Value - IU (D)Amundi Funds Equity US Relative Value - MHE (C)Amundi Funds Equity US Relative Value - MU (C)Amundi Funds Equity US Relative Value - OHE (C)Amundi Funds Equity US Relative Value - OU (C)Amundi Funds Equity US Relative Value - SHE (C)Amundi Funds Equity US Relative Value - SU (C)Amundi Funds Equity Global Select - AE (C)Amundi Funds Equity Global Select - AE (D)Amundi Funds Equity Global Select - AU (C) 7.92 10.35 7.20 8.98 6.29 7.52 5.84 7.10 4.91 6.41 6.24 8.33

Amundi Funds Equity Global Select - AU (D) 7.92 10.35 7.20 8.98 6.29 7.52 5.84 7.10 4.91 6.41 6.24 8.33

Amundi Funds Equity Global Select - FU (C)Amundi Funds Equity Global Select - IU (C) 998.51 1,313.51 900.78 1,130 781.93 938.08 721.24 880.47 604.61 786.76 763.55 1,015.19

Amundi Funds Equity Global Select - OU (C)Amundi Funds Equity Global Select - SE (C)Amundi Funds Equity Global Select - SU (C) 7.74 10.08 7.06 8.78 6.19 7.38 5.76 6.99 4.85 6.37 6.20 8.30

Amundi Funds Equity Japan Value - AE (C)Amundi Funds Equity Japan Value - AJ (C) 9,482 11,873 9,856 10,260

Amundi Funds Equity Japan Value - AJ (D)Amundi Funds Equity Japan Value - I9 (C)Amundi Funds Equity Japan Value - I2 (D) 9,956 10,930

Amundi Funds Equity Japan Value - FJ (C)Amundi Funds Equity Japan Value - IJ (C) 94,772 118,629 98,559 102,577

Amundi Funds Equity Japan Value - MHE (C)Amundi Funds Equity Japan Value - MJ (C)Amundi Funds Equity Japan Value - SJ (C) 9,478 11,890 9,856 10,257

Amundi Funds Equity Euro Select - AE (C)Amundi Funds Equity Euro Select - AE (D)Amundi Funds Equity Euro Select - FE (C)Amundi Funds Equity Euro Select - IE (C)Amundi Funds Equity Euro Select - IE (D)Amundi Funds Equity Euro Select - ME (C)Amundi Funds Equity Euro Select - OE (C)Amundi Funds Equity Euro Select - SE (C)Amundi Funds Equity Europe Select - AE (C)Amundi Funds Equity Europe Select - AE (D)Amundi Funds Equity Europe Select - FE (C)Amundi Funds Equity Europe Select - IE (C)Amundi Funds Equity Europe Select - IE (D)Amundi Funds Equity Europe Select - ME (C)Amundi Funds Equity Europe Select - OE (C)Amundi Funds Equity Europe Select - SE (C)Amundi Funds Equity Euroland Small Cap - AE (C)Amundi Funds Equity Euroland Small Cap - AE (D)Amundi Funds Equity Euroland Small Cap - FE (C)Amundi Funds Equity Euroland Small Cap - IE (C)Amundi Funds Equity Euroland Small Cap - ME (C)Amundi Funds Equity Euroland Small Cap - OE (C)Amundi Funds Equity Euroland Small Cap - SE (C)



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278

Amundi Funds Equity Global Gold Mines - AE (C) 78.08 98.50 72.38 122.09 96.07 179.10

Amundi Funds Equity Global Gold Mines - AE (D) 83.07 104.80 77.02 111.97

Amundi Funds Equity Global Gold Mines - AU (C) 65.54 88.78 63.88 118.45 30.75 99.35

Amundi Funds Equity Global Gold Mines - FU (C) 64.53 87.23 63.07 118.07 95.04 372.21

Amundi Funds Equity Global Gold Mines - IU (C) 662.44 898.13 644.52 1,186.76 950.73 4,496.50

Amundi Funds Equity Global Gold Mines - MU (C) 66.13 89.69 64.34 118.29 95.07 452.60

Amundi Funds Equity Global Gold Mines - OU (C) 748.20 1,016.66 726.73 1,083.46

Amundi Funds Equity Global Gold Mines - SHE (C) 61.78 83.20 60.48 113.67

Amundi Funds Equity Global Gold Mines - SU (C) 62.72 84.91 61.18 113.46

Amundi Funds Equity Global Luxury and Lifestyle - AE (C) 110.52 121.15 86.72 119.41 94.84 130.93

Amundi Funds Equity Global Luxury and Lifestyle - AE (D) 95.32 104.27 94.64 102.90

Amundi Funds Equity Global Luxury and Lifestyle - AU (C) 93.29 109.26 80.51 108.71 89.50 137.19

Amundi Funds Equity Global Luxury and Lifestyle - FHE (C) 90.39 104.67 92.21 105.74

Amundi Funds Equity Global Luxury and Lifestyle - FU (C) 92.00 107.09 80.23 107.40 80.68 122.63

Amundi Funds Equity Global Luxury and Lifestyle - MU (C) 94.39 111.03 80.79 109.44 89.95 139.37

Amundi Funds Equity Global Luxury and Lifestyle - OU (C) 985.99 1,164.49 892.39 1,144.82

Amundi Funds Equity Global Luxury and Lifestyle - SHE (C) 86.33 100.41 87.99 100.59

Amundi Funds Equity Global Luxury and Lifestyle - SU (C) 88.42 103.37 76.89 102.89

Amundi Funds Equity Global Agriculture - AHE (C) 103.88 111.76 92.27 126.80 89.83 130.29 87.70 111.22

Amundi Funds Equity Global Agriculture - AE (C) 132.14 141.17 110.31 140.43 113.05 151.06 97.25 127.63

Amundi Funds Equity Global Agriculture - AU (C) 80.09 86.58 70.37 96.27 68.06 99.34 57.55 82.94 37.52 99.29 89.31 105.79

Amundi Funds Equity Global Agriculture - AU (D) 88.52 95.70 77.78 106.40 75.22 109.80 63.61 91.67

Amundi Funds Equity Global Agriculture - FHE (C) 93.02 99.39 87.56 104.41

Amundi Funds Equity Global Agriculture - FU (C) 85.18 91.66 75.71 103.88

Amundi Funds Equity Global Agriculture - IHE (C) 1,022.35 1,104.66 901.06 1,233.57 873.67 1,264.87 740.52 1,081.96

Amundi Funds Equity Global Agriculture - IU (C) 835.57 906.95 728.37 994.44 695.89 1,023.91 583.04 844.64 377.58 996.20 893.61 1,060.55

Amundi Funds Equity Global Agriculture - MU (C) 116.39 126.33 101.45 138.51 96.93 142.62 94.87 117.65

Amundi Funds Equity Global Agriculture - OU (C) 953.63 1,018.53

Amundi Funds Equity Global Agriculture - SHE (C) 96.23 103.96 90.45 108.03

Amundi Funds Equity Global Agriculture - SU (C) 78.70 84.94 69.37 94.98 67.43 98.09 57.24 82.33 37.42 99.16 89.31 105.71

Amundi Funds Equity Global Resources - AE (C) 87.01 97.37 82.30 108.44 98.09 101.85

Amundi Funds Equity Global Resources - AU (C) 65.93 79.81 65.51 97.32 69.98 101.56 58.73 84.36 39.56 105.29 87.82 106.46

Amundi Funds Equity Global Resources - AU (D) 68.94 83.46 68.50 101.76 73.17 106.19 61.41 88.20 51.04 74.57

Amundi Funds Equity Global Resources - FHE (C) 92.62 101.75

Amundi Funds Equity Global Resources - FU (C) 72.01 87.01 71.75 107.78 97.02 102.28

Amundi Funds Equity Global Resources - IU (C) 687.70 833.71 682.07 1,004.50 715.36 1,045.77 594.79 858.52 398.00 1,056.06 878.50 1,066.65

Amundi Funds Equity Global Resources - MU (C) 73.89 89.58 73.29 107.95 97.03 102.33 89.14 107.60

Amundi Funds Equity Global Resources - SHE (C) 68.30 82.33 68.08 103.46

Amundi Funds Equity Global Resources - SU (C) 64.78 78.38 64.42 95.97 69.32 100.30 58.41 83.74 39.46 105.15 87.81 106.38

Amundi Funds Equity Europe Restructuring - AE (C) 59.94 68.08 51.86 73.22 59.77 75.00 49.92 68.16 42.40 74.34 73.88 100.67

Amundi Funds Equity Europe Restructuring - FE (C) 83.13 93.99 72.74 103.05 97.83 101.89

Amundi Funds Equity Europe Restructuring - IE (C) 629.35 718.88 539.46 759.35 613.55 774.90 506.92 698.02 425.27 748.61 743.84 1,007.15

Amundi Funds Equity Europe Restructuring - IE (D) 1,044.78 1,181.19 951.89 1,141.09

Amundi Funds Equity Europe Restructuring - ME (C) 85.38 97.58 73.23 103.14 97.87 101.94

Amundi Funds Equity Europe Restructuring - OE (C) 836.91 959.08 713.13 1,002.10 950.74 1,007.65

Amundi Funds Equity Europe Restructuring - SE (C) 59.01 66.92 51.22 72.39 59.33 74.26 49.74 67.72 42.33 74.43 73.96 100.67

Amundi Funds Equity ASEAN - AU (C) 92.90 105.55 72.08 101.60 72.06 97.03 51.26 77.07 34.51 86.48 85.52 126.65

Amundi Funds Equity ASEAN - AU (D) 77.09 87.33 59.81 84.31 59.92 80.51 43.20 64.08 29.08 72.87 72.06 106.73

Amundi Funds Equity ASEAN - I4 (C) 94.57 108.14 72.59 102.07 71.36 97.14 50.13 76.14 33.60 83.45 82.47 121.17

Amundi Funds Equity ASEAN - I9 (C) 106.28 121.62 81.49 114.55 79.95 108.98 56.09 85.29 37.57 93.22 92.12 100.00

Amundi Funds Equity ASEAN - FU (C) 94.89 106.58 74.46 105.25

Amundi Funds Equity ASEAN - IU (C) 962.20 1,091.72 746.77 1,050.87 730.92 1,001.13 521.81 789.75 350.23 872.99 862.96 1,272.26

Amundi Funds Equity ASEAN - MU (C) 93.97 107.36

Amundi Funds Equity ASEAN - SU (C) 90.99 102.59 70.83 99.91 71.17 95.50 50.83 76.18 34.26 86.10 85.16 126.44

Amundi Funds Equity Asia ex Japan - AE (C) 89.46 98.66 74.51 102.11

Amundi Funds Equity Asia ex Japan - AU (C) 21.40 25.12 19.27 28.18 22.24 28.77 17.96 24.62 11.62 24.37 23.52 37.71

Amundi Funds Equity Asia ex Japan - AU (D) 21.00 24.64 18.89 27.63 21.81 28.22 17.75 24.14 11.49 24.08 23.24 37.26

Amundi Funds Equity Asia ex Japan - FU (C) 77.02 89.86 70.09 102.65

Amundi Funds Equity Asia ex Japan - IU (C) 2,245.94 2,645.88 2,006.87 2,929.63 2,290.32 2,985.24 1,835.03 2,531.75 1,180.62 2,469.61 2,367.70 3,802.23

Amundi Funds Equity Asia ex Japan - MU (C) 84.54 99.59 75.54 110.27 86.38 112.37 69.16 94.81 44.49 93.04 90.74 109.23

Amundi Funds Equity Asia ex Japan - SU (C) 20.42 23.92 18.44 26.99 21.39 27.59 17.35 23.70 11.26 23.63 22.88 36.66

Amundi Funds Equity Asia ex Japan - XU (C) 1,104.08 1,302.96 982.95 1,433.67 1,116.19 1,459.36 889.46 1,226.09 570.41 1,191.24 1,137.14 1,827.93



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Amundi Funds Equity Global Gold Mines - AE (C)Amundi Funds Equity Global Gold Mines - AE (D)Amundi Funds Equity Global Gold Mines - AU (C)Amundi Funds Equity Global Gold Mines - FU (C)Amundi Funds Equity Global Gold Mines - IU (C)Amundi Funds Equity Global Gold Mines - MU (C)Amundi Funds Equity Global Gold Mines - OU (C)Amundi Funds Equity Global Gold Mines - SHE (C)Amundi Funds Equity Global Gold Mines - SU (C)Amundi Funds Equity Global Luxury and Lifestyle - AE (C)Amundi Funds Equity Global Luxury and Lifestyle - AE (D)Amundi Funds Equity Global Luxury and Lifestyle - AU (C)Amundi Funds Equity Global Luxury and Lifestyle - FHE (C)Amundi Funds Equity Global Luxury and Lifestyle - FU (C)Amundi Funds Equity Global Luxury and Lifestyle - MU (C)Amundi Funds Equity Global Luxury and Lifestyle - OU (C)Amundi Funds Equity Global Luxury and Lifestyle - SHE (C)Amundi Funds Equity Global Luxury and Lifestyle - SU (C)Amundi Funds Equity Global Agriculture - AHE (C)Amundi Funds Equity Global Agriculture - AE (C)Amundi Funds Equity Global Agriculture - AU (C)Amundi Funds Equity Global Agriculture - AU (D)Amundi Funds Equity Global Agriculture - FHE (C)Amundi Funds Equity Global Agriculture - FU (C)Amundi Funds Equity Global Agriculture - IHE (C)Amundi Funds Equity Global Agriculture - IU (C) Amundi Funds Equity Global Agriculture - MU (C)Amundi Funds Equity Global Agriculture - OU (C)Amundi Funds Equity Global Agriculture - SHE (C)Amundi Funds Equity Global Agriculture - SU (C)Amundi Funds Equity Global Resources - AE (C)Amundi Funds Equity Global Resources - AU (C)Amundi Funds Equity Global Resources - AU (D)Amundi Funds Equity Global Resources - FHE (C)Amundi Funds Equity Global Resources - FU (C)Amundi Funds Equity Global Resources - IU (C)Amundi Funds Equity Global Resources - MU (C)Amundi Funds Equity Global Resources - SHE (C)Amundi Funds Equity Global Resources - SU (C)Amundi Funds Equity Europe Restructuring - AE (C)Amundi Funds Equity Europe Restructuring - FE (C)Amundi Funds Equity Europe Restructuring - IE (C)Amundi Funds Equity Europe Restructuring - IE (D)Amundi Funds Equity Europe Restructuring - ME (C)Amundi Funds Equity Europe Restructuring - OE (C)Amundi Funds Equity Europe Restructuring - SE (C)Amundi Funds Equity ASEAN - AU (C) 99.97 111.04

Amundi Funds Equity ASEAN - AU (D)Amundi Funds Equity ASEAN - I4 (C) 98.28 105.76

Amundi Funds Equity ASEAN - I9 (C)Amundi Funds Equity ASEAN - FU (C)Amundi Funds Equity ASEAN - IU (C) 999.86 1,112.54

Amundi Funds Equity ASEAN - MU (C)Amundi Funds Equity ASEAN - SU (C) 99.97 110.99

Amundi Funds Equity Asia ex Japan - AE (C)Amundi Funds Equity Asia ex Japan - AU (C) 16.26 26.13 13.44 19.64 10.65 13.79 9.02 13.25 7.48 10.44 6.96 11.04

Amundi Funds Equity Asia ex Japan - AU (D) 16.07 25.82 13.28 19.40 10.65 13.79 9.02 13.25 7.48 10.44 6.96 11.04

Amundi Funds Equity Asia ex Japan - FU (C)Amundi Funds Equity Asia ex Japan - IU (C) 1,623.82 2,627.47 1,333.26 1,958.48 1,048.75 1,363.05 882.09 1,301.96 731.35 1,015.11 673.15 1,071.37

Amundi Funds Equity Asia ex Japan - MU (C)Amundi Funds Equity Asia ex Japan - SU (C) 15.89 25.44 13.17 19.20 10.49 13.55 8.90 13.07 7.39 10.33 6.91 10.93

Amundi Funds Equity Asia ex Japan - XU (C) 957.99 1,260.92



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Amundi Funds Equity Brazil - AE (C) 78.76 87.86 76.85 103.17

Amundi Funds Equity Brazil - AU (C) 85.80 98.90 84.26 128.06 99.97 134.36 70.18 118.27 38.20 106.80 89.57 117.26

Amundi Funds Equity Brazil - AU (D) 81.45 92.60 79.98 122.30 96.34 128.32 86.59 113.98

Amundi Funds Equity Brazil - FU (C) 73.22 83.59 71.98 104.38

Amundi Funds Equity Brazil - IU (C) 880.50 1,019.08 864.08 1,300.90 1,012.14 1,360.95 700.40 1,192.58 384.00 1,070.61 895.97 1,174.57

Amundi Funds Equity Brazil - MU (C) 83.71 96.84 82.15 123.78 96.38 129.31 86.60 112.04

Amundi Funds Equity Brazil - SU (C) 84.21 96.47 82.72 126.33 99.03 132.68 69.79 117.38 38.08 106.64 89.56 117.12

Amundi Funds Equity Emerging Europe - AE (C) 27.29 30.96 23.58 34.10 27.43 36.51 17.30 32.96 11.93 37.84 35.38 47.28

Amundi Funds Equity Emerging Europe - AE (D) 27.16 30.81 23.47 33.94 27.29 36.34 17.29 32.80 11.93 37.83 35.37 47.27

Amundi Funds Equity Emerging Europe - FE (C) 82.82 93.41 72.32 104.92 98.99 101.11

Amundi Funds Equity Emerging Europe - IE (C) 2,616.46 2,974.20 2,245.37 3,239.06 2,592.73 3,460.20 1,628.17 3,093.80 1,123.95 3,584.37 3,344.08 4,460.21

Amundi Funds Equity Emerging Europe - ME (C) 62.63 71.19 53.75 77.53 61.80 82.82 39.36 74.14 26.41 85.46 83.57 106.00

Amundi Funds Equity Emerging Europe - SE (C) 26.11 29.50 22.63 32.75 26.45 35.11 16.75 31.82 11.57 36.79 34.43 46.06

Amundi Funds Equity Emerging Internal Demand - AHE (C) 80.46 92.55 73.47 102.79 96.48 100.85

Amundi Funds Equity Emerging Internal Demand - AE (C) 90.93 97.96 76.18 98.53 89.78 100.00

Amundi Funds Equity Emerging Internal Demand - AU (C) 81.56 94.21 73.72 102.53 78.76 102.96 58.17 88.32 35.77 87.49 83.03 105.23

Amundi Funds Equity Emerging Internal Demand - AE (D) 90.52 97.48 75.72 98.07 89.74 100.00

Amundi Funds Equity Emerging Internal Demand - AU (D) 117.78 136.04 106.47 148.09 113.75 148.71 97.17 127.57 58.77 99.80

Amundi Funds Equity Emerging Internal Demand - FU (C) 81.39 93.43 74.42 103.67

Amundi Funds Equity Emerging Internal Demand - IU (C) 831.60 964.64 746.96 1,036.64 792.05 1,041.24 587.46 890.22 360.49 879.64 833.09 1,052.62

Amundi Funds Equity Emerging Internal Demand - I4 (C) 984.91 1,145.86 948.36 1128.71

Amundi Funds Equity Emerging Internal Demand - MU (C) 88.72 102.91 79.63 110.54 84.19 110.89 62.18 94.69 38.00 92.71 92.52 105.46

Amundi Funds Equity Emerging Internal Demand - OU (C) 81.57 95.03 72.56 98.18

Amundi Funds Equity Emerging Internal Demand - SE (C) 93.79 100.79 78.75 102.11 93.46 109.11

Amundi Funds Equity Emerging Internal Demand - SU (C) 80.01 92.20 72.56 101.00 77.91 101.52 57.77 87.45 35.63 87.25 82.91 105.21

Amundi Funds Equity Emerging Internal Demand - XU (C) 838.00 973.73 750.04 1,038.98 928.97 1,045.54

Amundi Funds Equity Emerging World - AE (C) 94.47 100.72 81.04 105.70 100.88 102.15

Amundi Funds Equity Emerging World - AE (D) 94.41 100.66 89.49 99.58

Amundi Funds Equity Emerging World - AU (C) 82.77 95.55 77.58 109.04 85.33 112.66 66.47 98.48 41.36 97.31 92.50 111.60

Amundi Funds Equity Emerging World - AU (D) 81.98 94.62 76.84 107.99 100.00 111.59

Amundi Funds Equity Emerging World - FU (C) 78.34 89.89 74.26 104.73 99.79 102.58

Amundi Funds Equity Emerging World - I8 (C) 801.15 928.93 744.97 1,044.43 973.85 1,076.61

Amundi Funds Equity Emerging World - IU (C) 854.30 990.34 794.71 1,114.31 864.25 1,148.78 666.67 995.51 415.45 975.26 925.28 1,117.69

Amundi Funds Equity Emerging World - IU (D) 861.91 931.46 838.91 1,022.45

Amundi Funds Equity Emerging World - MU (C) 94.51 109.56 87.91 123.27 96.08 127.09 89.93 110.67

Amundi Funds Equity Emerging World - O1 (C) 912.62 1,063.03 841.47 1,079.02

Amundi Funds Equity Emerging World - OU (C) 749.71 1,048.44 998.37 1,026.48

Amundi Funds Equity Emerging World - SU (C) 81.33 93.73 76.48 107.60 84.55 111.29 66.10 97.65 41.24 97.17 92.49 111.52

Amundi Funds Equity MENA - AHE (C) 100.50 107.98 91.31 113.41 45.60 101.29

Amundi Funds Equity MENA - AE (C) 115.17 123.88 92.44 125.21 52.17 101.45

Amundi Funds Equity MENA - AU (C) 100.76 108.31 91.28 113.60 46.67 101.34

Amundi Funds Equity MENA - AU (D) 100.74 108.29 91.27 113.59 42.82 101.33

Amundi Funds Equity MENA - FHE (C) 99.68 106.49 91.49 112.87 54.86 101.29

Amundi Funds Equity MENA - FU (C) 100.41 107.38 91.55 113.56 55.51 101.41

Amundi Funds Equity MENA - IHE (C) 1,006.12 1,077.62 915.37 1,135.35 469.25 1,013.03

Amundi Funds Equity MENA - IU (C) 1,009.19 1,082.58 915.53 1,135.81 485.26 1,014.46

Amundi Funds Equity MENA - IU (D) 1,010.15 1,083.57 914.98 1,135.83 440.81 1,013.55

Amundi Funds Equity MENA - OU (C) 1,060.62 1,144.03 987.69 1,189.93

Amundi Funds Equity MENA - SHE (C) 99.22 106.10 90.95 112.02

Amundi Funds Equity MENA - SU (C) 100.77 107.96 92.02 113.74

Amundi Funds Equity Greater China - AE (C) 84.24 95.67 69.27 91.00 85.39 103.33

Amundi Funds Equity Greater China - AU (C) 432.73 520.30 383.90 539.35 444.42 579.60 387.91 506.23 201.16 452.63 416.35 739.34

Amundi Funds Equity Greater China - AE (D) 84.35 95.11 69.31 91.04 85.42 103.37

Amundi Funds Equity Greater China - AU (D) 432.77 517.07 383.90 539.33 444.37 579.53 387.86 506.13 201.13 452.57 416.33 739.28

Amundi Funds Equity Greater China - I4 (C) 284.17 343.75 249.29 349.03 283.79 371.75 244.60 321.19 125.68 281.85 256.16 456.08

Amundi Funds Equity Greater China - I9 (C) 89.29 108.08 78.24 109.50 88.90 116.51 76.51 100.54 39.27 88.03 85.79 100.00

Amundi Funds Equity Greater China - I2 (D) 108.72 130.03 97.41 137.32 114.33 148.54 101.27 131.19 53.67 121.29 112.44 199.52

Amundi Funds Equity Greater China - FU (C) 82.57 98.66 74.09 104.45 101.04 102.51

Amundi Funds Equity Greater China - IU (C) 455.11 549.39 400.15 560.27 463.55 602.81 401.22 524.86 215.47 483.90 442.06 786.18

Amundi Funds Equity Greater China - MU (C) 82.52 99.62 72.55 101.60 84.14 109.13 73.17 95.36 39.33 88.32 85.11 108.23

Amundi Funds Equity Greater China - SU (C) 22.45 26.93 19.98 28.10 23.24 30.27 20.37 26.53 10.59 23.86 22.03 39.08

Amundi Funds Equity Greater China - XU (C) 1,039.43 1,257.36 910.88 1,273.52 1,051.31 1,363.79 921.73 1,189.39 495.33 1,110.99 1,010.19 1,798.41



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Amundi Funds Equity Brazil - AE (C)Amundi Funds Equity Brazil - AU (C)Amundi Funds Equity Brazil - AU (D)Amundi Funds Equity Brazil - FU (C)Amundi Funds Equity Brazil - IU (C)Amundi Funds Equity Brazil - MU (C)Amundi Funds Equity Brazil - SU (C)Amundi Funds Equity Emerging Europe - AE (C) 30.35 41.65 21.38 39.08 17.23 163.65 107.22 172.35 89.63 111.55 72.63 619.06

Amundi Funds Equity Emerging Europe - AE (D) 30.35 41.64 21.38 39.07 17.23 161.08 105.54 169.64 88.23 109.79 71.50 609.40

Amundi Funds Equity Emerging Europe - FE (C)Amundi Funds Equity Emerging Europe - IE (C) 2,834.13 3,916.44 1,981.08 3,644.14 1,086.24 1,992.16 865.68 1,401.04 721.41 900.02 784.85 1,065.06

Amundi Funds Equity Emerging Europe - ME (C)Amundi Funds Equity Emerging Europe - SE (C) 29.74 40.65 21.04 38.32 16.99 163.65 107.22 172.35 89.63 111.55 72.63 619.06

Amundi Funds Equity Emerging Internal Demand - AHE (C)Amundi Funds Equity Emerging Internal Demand - AE (C)Amundi Funds Equity Emerging Internal Demand - AU (C)Amundi Funds Equity Emerging Internal Demand - AE (D)Amundi Funds Equity Emerging Internal Demand - AU (D)Amundi Funds Equity Emerging Internal Demand - FU (C)Amundi Funds Equity Emerging Internal Demand - IU (C)Amundi Funds Equity Emerging Internal Demand - I4 (C)Amundi Funds Equity Emerging Internal Demand - MU (C)Amundi Funds Equity Emerging Internal Demand - OU (C)Amundi Funds Equity Emerging Internal Demand - SE (C)Amundi Funds Equity Emerging Internal Demand - SU (C)Amundi Funds Equity Emerging Internal Demand - XU (C)Amundi Funds Equity Emerging World - AE (C)Amundi Funds Equity Emerging World - AE (D)Amundi Funds Equity Emerging World - AU (C)Amundi Funds Equity Emerging World - AU (D)Amundi Funds Equity Emerging World - FU (C)Amundi Funds Equity Emerging World - I8 (C)Amundi Funds Equity Emerging World - IU (C)Amundi Funds Equity Emerging World - IU (D)Amundi Funds Equity Emerging World - MU (C)Amundi Funds Equity Emerging World - O1 (C)Amundi Funds Equity Emerging World - OU (C)Amundi Funds Equity Emerging World - SU (C)Amundi Funds Equity MENA - AHE (C)Amundi Funds Equity MENA - AE (C)Amundi Funds Equity MENA - AU (C)Amundi Funds Equity MENA - AU (D)Amundi Funds Equity MENA - FHE (C)Amundi Funds Equity MENA - FU (C)Amundi Funds Equity MENA - IHE (C)Amundi Funds Equity MENA - IU (C)Amundi Funds Equity MENA - IU (D)Amundi Funds Equity MENA - OU (C)Amundi Funds Equity MENA - SHE (C)Amundi Funds Equity MENA - SU (C)Amundi Funds Equity Greater China - AE (C)Amundi Funds Equity Greater China - AU (C) 254.03 466.09 194.41 285.27 156.92 201.85 109.30 197.30 88.67 112.15 88.50 120.04

Amundi Funds Equity Greater China - AE (D)Amundi Funds Equity Greater China - AU (D) 254.03 466.06 194.42 285.27 156.92 201.86

Amundi Funds Equity Greater China - I4 (C) 154.12 286.19 116.39 172.64 99.63 120.30

Amundi Funds Equity Greater China - I9 (C)Amundi Funds Equity Greater China - I2 (D) 95.05 126.13

Amundi Funds Equity Greater China - FU (C)Amundi Funds Equity Greater China - IU (C) 267.55 494.29 203.20 300.03 162.93 210.42 112.77 204.27 91.37 115.68 90.28 122.27

Amundi Funds Equity Greater China - MU (C)Amundi Funds Equity Greater China - SU (C) 13.50 24.68 10.37 15.17 8.40 10.79 7.77 197.30 88.67 112.15 88.50 120.04

Amundi Funds Equity Greater China - XU (C) 973.88 1,128.68



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Amundi Funds Equity India - AU (C) 117.31 149.14 110.17 169.90 148.20 194.06 110.36 165.53 62.38 154.38 132.39 249.27

Amundi Funds Equity India - AU (D) 97.29 123.73 91.36 140.78 122.77 160.74 91.38 137.07 51.66 127.84 109.63 206.42

Amundi Funds Equity India - AE (C) 67.65 81.46 59.60 84.54 76.26 100.00

Amundi Funds Equity India - AE (D) 67.72 81.55 59.64 84.56 76.27 100.00

Amundi Funds Equity India - FU (C) 69.46 87.24 65.80 101.00

Amundi Funds Equity India - IU (C) 1,230.35 1,559.72 1,148.90 1,764.31 1,533.00 2,003.22 1,121.66 1,701.62 638.83 1,573.66 1,348.31 2,529.91

Amundi Funds Equity India - I9 (C) 75.79 96.90 70.52 107.99 93.61 122.11 68.14 103.30 38.32 94.07 80.53 100.00

Amundi Funds Equity India - I2 (D) 93.09 118.40 87.30 134.40 117.01 153.04 86.71 130.27 49.04 121.73 104.43 196.11

Amundi Funds Equity India - I4 (C) 119.46 152.65 111.25 170.49 147.87 192.98 107.89 163.38 60.71 149.15 127.71 239.00

Amundi Funds Equity India - MU (C) 60.14 76.12 56.25 86.38 75.05 98.07 55.20 83.32 31.11 76.64 65.66 100.00

Amundi Funds Equity India - SU (C) 114.14 143.78 107.46 166.02 145.05 190.14 108.69 162.55 61.52 152.61 130.93 247.01

Amundi Funds Equity India - XU (C) 578.82 887.24 769.51 1,004.28 987.64 1,004.46

Amundi Funds Equity India Select - AU (C) 105.19 125.17 100.08 107.86

Amundi Funds Equity India Select - AU (D) 90.38 107.24 86.04 92,72

Amundi Funds Equity India Select - AE (C) 101.08 113.75 95.32 100.79

Amundi Funds Equity India Select - FU (C) 76.29 90.36 72.59 78.15

Amundi Funds Equity India Select - I6 (C) 108.17 128.72 102.70 110.61

Amundi Funds Equity India Select - IU (C) 1,119.44 1,335.52 1,064.45 1,148.03

Amundi Funds Equity India Select - IU (D) 958.58 1,138.93 911.34 983.01

Amundi Funds Equity India Select - MU (C) 107.85 128.83 102.57 110.63

Amundi Funds Equity India Infrastructure - AU (C) 39.33 49.52 38.24 65.91 58.48 79.50 47.33 70.82 25.56 66.60 58.10 101.49

Amundi Funds Equity India Infrastructure - AU (D) 64.90 81.73 63.10 108.77 96.51 131.20 92.13 116.88

Amundi Funds Equity India Infrastructure - FU (C) 59.85 74.92 58.33 101.71

Amundi Funds Equity India Infrastructure - I4 (C) 54.30 68.56 52.67 89.74 79.12 107.20 62.75 94.79 33.73 87.25 76.00 106.79

Amundi Funds Equity India Infrastructure - IU (C) 398.38 1,017.95 386.67 662.52 585.31 793.88 469.17 704.38 258.06 669.67 583.70 1,015.73

Amundi Funds Equity India Infrastructure - MU (C) 72.53 91.49 70.40 120.40 106.35 144.25 84.39 127.61

Amundi Funds Equity India Infrastructure - SU (C) 38.61 48.39 37.56 64.95 57.74 78.57 47.03 70.16 25.43 66.42 57.97 101.45

Amundi Funds Equity Korea - AE (C) 77.94 84.96 69.84 102.10 91.62 100.00

Amundi Funds Equity Korea - AU (C) 17.58 20.32 17.23 26.89 17.36 27.43 12.96 20.25 8.70 22.15 21.17 31.95

Amundi Funds Equity Korea - AU (D) 17.58 20.33 17.25 26.94 17.36 27.47 12.96 20.25 8.70 22.16 21.16 31.94

Amundi Funds Equity Korea - FU (C) 67.80 78.19 67.18 103.59

Amundi Funds Equity Korea - I4 (C) 126.49 146.52 122.55 190.68 121.40 193.97 89.54 141.30 59.82 151.01 143.77 216.02

Amundi Funds Equity Korea - I2 (D) 73.10 84.26 72.28 113.15 73.69 115.49 55.81 86.32 37.69 97.45 93.14 140.63

Amundi Funds Equity Korea - IU (C) 2,225.52 2,575.46 2,165.82 3,374.20 2,160.38 3,435.91 1,601.93 2,516.95 1,072.37 2,717.13 2,590.87 3,900.6

Amundi Funds Equity Korea - MU (C) 72.82 84.27 70.92 110.49 70.74 112.51 52.44 82.42 35.10 88.93 88.93 101.82

Amundi Funds Equity Korea - SU (C) 16.56 19.12 16.27 25.43 16.48 25.95 12.35 19.24 8.30 21.20 20.28 30.66

Amundi Funds Equity Korea - XU (C) 961.91 1,114.10 932.38 1,450.73 924.06 1,475.91 957.62 989.15

Amundi Funds Equity Latin America - AE (C) 81.28 88.36 71.37 97.14 89.53 108.08

Amundi Funds Equity Latin America - AU (C) 543.25 620.71 516.78 746.66 582.44 781.84 412.08 683.42 239.95 677.47 453.84 739.30

Amundi Funds Equity Latin America - AE (D) 79.76 87.88 70.98 96.60 89.58 108.13

Amundi Funds Equity Latin America - AU (D) 491.61 554.46 467.66 678.43 532.04 710.40 383.02 624.29 223.03 635.28 427.41 693.25

Amundi Funds Equity Latin America - FU (C) 75.68 85.90 72.81 105.57 99.14 103.64

Amundi Funds Equity Latin America - IU (C) 5,438.15 6,239.02 5,134.18 7,400.65 5,664.55 7,732.05 4,018.38 6,722.75 2,342.15 6,597.23 4,390.69 7,193.25

Amundi Funds Equity Latin America - MU (C) 87.75 100.64 82.84 119.41 90.77 124.76 64.94 108.35 37.82 106.51 79.70 116.13

Amundi Funds Equity Latin America - O1 (C) 792.89 914.03 741.97 1,025.29

Amundi Funds Equity Latin America - SE (C) 83.01 90.37 73.34 99.64 92.15 111.38

Amundi Funds Equity Latin America - SU (C) 526.82 599.93 502.77 727.14 569.51 762.13 404.52 668.83 236.21 667.78 448.88 729.05

Amundi Funds Equity Latin America - XU (C) 1,423.29 1,636.11 1,338.85 1,927.70 1,491.13 2,010.27 1,056.51 1,745.93 613.66 1,725.72 1,143.53 1,880.56

Amundi Funds Equity Thailand - AU (C) 106.13 129.55 78.32 117.09 66.68 103.79 41.24 68.52 29.83 64.78 59.10 77.71

Amundi Funds Equity Thailand - AU (D) 102.48 124.53 75.63 113.06 64.74 100.22 40.57 66.53 29.35 64.21 58.55 76.98

Amundi Funds Equity Thailand - FU (C) 100.55 110.75

Amundi Funds Equity Thailand - IU (C) 5,120.87 6,272.48 3,756.25 5,639.91 3,168.04 4,961.20 1,945.33 3,249.84 1,400.77 3,032.78 2,748.98 3,635.09

Amundi Funds Equity Thailand - MU (C) 141.78 172.85 104.00 156.16 87.71 137.36 53.84 89.98 38.76 83.92 81.55 100.59

Amundi Funds Equity Thailand - SU (C) 17.94 21.80 13.28 19.81 11.37 17.63 7.06 11.69 5.11 11.13 10.19 13.36

Amundi Funds Equity Thailand - XU (C) 1,657.55 2,034.08 1,210.92 1,823.50 1,014.15 1,595.81 1,000.00 1,024.74 652.95 1,373.44 1,239.50 1,645.30

Amundi Funds Equity Global Aqua - AE (C) 93.32 101.51 74.33 94.15 78.43 94.42 65.82 86.85 53.28 90.53 82.18 109.25

Amundi Funds Equity Global Aqua - AE (D) 87.21 95.22 69.72 88.31 73.69 88.57 62.38 81.61 50.50 85.95 78.02 104.12

Amundi Funds Equity Global Aqua - FE (C) 105.14 114.77 85.26 106.91

Amundi Funds Equity Global Aqua - IE (C) 975.78 1,058.80 767.66 979.36 802.85 969.56 669.42 887.81 540.68 915.31 828.77 1,097.01

Amundi Funds Equity Global Aqua - ME (C) 110.89 120.35 87.24 111.32 91.24 110.19 76.08 100.89 61.45 104.03 97.39 100.45

Amundi Funds Equity Global Aqua - SE (C) 91.15 99.25 72.96 92.16 77.32 92.91 65.16 85.71 52.81 89.94 81.78 109.03



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Amundi Funds Equity India - AU (C) 91.40 159.81 84.29 122.60

Amundi Funds Equity India - AU (D) 75.69 132.33 69.80 101.52

Amundi Funds Equity India - AE (C)Amundi Funds Equity India - AE (D)Amundi Funds Equity India - FU (C)Amundi Funds Equity India - IU (C) 917.44 1,615.46 845.43 1,228.82

Amundi Funds Equity India - I9 (C)Amundi Funds Equity India - I2 (D) 90.93 125.44

Amundi Funds Equity India - I4 (C) 85.97 152.17 79.18 115.03

Amundi Funds Equity India - MU (C)Amundi Funds Equity India - SU (C) 91.04 158.67 84.02 122.30

Amundi Funds Equity India - XU (C)Amundi Funds Equity India Select - AU (C)Amundi Funds Equity India Select - AU (D)Amundi Funds Equity India Select - AE (C)Amundi Funds Equity India Select - FU (C)Amundi Funds Equity India Select - I6 (C)Amundi Funds Equity India Select - IU (C)Amundi Funds Equity India Select - IU (D)Amundi Funds Equity India Select - MU (C)Amundi Funds Equity India Infrastructure - AU (C)Amundi Funds Equity India Infrastructure - AU (D)Amundi Funds Equity India Infrastructure - FU (C)Amundi Funds Equity India Infrastructure - I4 (C)Amundi Funds Equity India Infrastructure - IU (C)Amundi Funds Equity India Infrastructure - MU (C)Amundi Funds Equity India Infrastructure - SU (C)Amundi Funds Equity Korea - AE (C)Amundi Funds Equity Korea - AU (C) 16.19 25.44 12.70 19.90 8.18 13.23 7.23 10.40 6.36 9.18 4.81 10.08

Amundi Funds Equity Korea - AU (D) 16.19 25.43 12.70 19.90 8.18 13.23

Amundi Funds Equity Korea - FU (C)Amundi Funds Equity Korea - I4 (C) 107.66 171.14 91.74 132.01

Amundi Funds Equity Korea - I2 (D) 78.66 112.00

Amundi Funds Equity Korea - IU (C) 1,958 3,096.72 1,523.54 2,403.27 8.31 1,583.57 7.23 10.40 6.36 9.18 4.81 10.08

Amundi Funds Equity Korea - MU (C)Amundi Funds Equity Korea - SU (C) 15.62 24.45 12.30 19.22 7.96 12.83 7.23 10.40 6.36 9.18 4.81 10.08

Amundi Funds Equity Korea - XU (C)Amundi Funds Equity Latin America - AE (C)Amundi Funds Equity Latin America - AU (C) 302.81 552.41 204.05 390.20 126.17 209.90 92.09 145.23 62.75 94.74 75.76 648.86

Amundi Funds Equity Latin America - AE (D)Amundi Funds Equity Latin America - AU (D) 288.35 520.23 196.15 371.56 121.21 199.75 89.54 139.49 61.01 92.12 73.66 525.73

Amundi Funds Equity Latin America - FU (C)Amundi Funds Equity Latin America - IU (C) 2,906.16 5,337.97 1,943.9 3,739.79 1,191.60 1,994.66 862.16 1,368.50 582.76 885.80 746.01 1,014.38

Amundi Funds Equity Latin America - MU (C)Amundi Funds Equity Latin America - O1 (C)Amundi Funds Equity Latin America - SE (C)Amundi Funds Equity Latin America - SU (C) 300.80 546.73 203.56 387.90 172.95 209.68

Amundi Funds Equity Latin America - XU (C) 984.80 1,389.13

Amundi Funds Equity Thailand - AU (C) 44.83 62.64 39.11 59.79 40.91 52.50 24.05 67.84 15.13 24.38 8.54 21.82

Amundi Funds Equity Thailand - AU (D) 44.40 62.06 39.10 59.21 40.91 52.49 43.37 57.37

Amundi Funds Equity Thailand - FU (C)Amundi Funds Equity Thailand - IU (C) 2,076.21 2,910.85 1,791.24 2,755.24 1,862.20 2,397.32 1,087.88 3,075.29 998.67 1,101.28

Amundi Funds Equity Thailand - MU (C)Amundi Funds Equity Thailand - SU (C) 7.75 10.81 6.80 10.36 7.14 9.14 7.58 67.84 15.13 24.38 8.54 21.82

Amundi Funds Equity Thailand - XU (C) 1,027.54 1,311.63

Amundi Funds Equity Global Aqua - AE (C) 94.86 108.51

Amundi Funds Equity Global Aqua - AE (D) 100.00 103.41

Amundi Funds Equity Global Aqua - FE (C)Amundi Funds Equity Global Aqua - IE (C) 950.24 1,088.78

Amundi Funds Equity Global Aqua - ME (C)Amundi Funds Equity Global Aqua - SE (C) 94.79 108.33



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* Este subfundo foi fundido em 12 de Setembro de 2012.

Amundi Funds Equity Global Clean Planet - AE (C)* 58.62 61.64 51.27 65.87 63.72 74.32 59.08 78.47 47.10 81.26 78.20 112.03

Amundi Funds Equity Global Clean Planet - AE (D)* 94.94 99.83 83.04 106.69 103.20 120.38 95.98 127.10

Amundi Funds Equity Global Clean Planet - FE (C)* 91.54 96.34 80.96 101.60

Amundi Funds Equity Global Clean Planet - IE (C)* 683.96 718.70 593.46 759.64 734.49 853.17 671.66 894.98 534.34 918.94 882.11 1 016.11

Amundi Funds Equity Global Clean Planet - I6 (C)* 1,120.55 1,270.56 992.71 1,326.06 788.43 1,352.45 1,294.52 1,841.47

Amundi Funds Equity Global Clean Planet - SE (C)* 64.78 68.13 56.84 73.15 70.76 82.74 66.17 87.72 52.83 91.33 88.08 101.58

Amundi Funds Equity Europe Minimum Variance - IE (C) 1,458.76 1,569.66 1,369.22 1,455.38

Amundi Funds Equity Europe Minimum Variance - ME (C) 114.19 122.41 107.17 113.92

Amundi Funds Equity Europe Minimum Variance - SE (C) 97.55 102.79

Amundi Funds Equity Global Minimum Variance - AU (C) 98.87 107.04

Amundi Funds Equity Global Minimum Variance - IE (C) 949.68 1,032.98

Amundi Funds Equity Global Minimum Variance - SU (C) 98.86 106.94

Amundi Funds Convertible Europe - AE (C) 99.91 105.03 90.34 101.46 99.85 120.44

Amundi Funds Convertible Europe - AE (D) 98.17 100.89

Amundi Funds Convertible Europe - FE (C) 99.28 104.07 90.15 101.43 99.84 137.93

Amundi Funds Convertible Europe - IE (C) 1,006.78 1,062.57 905.73 1,017.51 998.29 1,215.23

Amundi Funds Convertible Europe - ME (C) 100.71 106.26 90.59 101.80 99.86 122.22

Amundi Funds Convertible Europe - SE (C) 98.34 103.28 89.06 99.69

Amundi Funds Convertible Global - AE (C) 10.13 10.65 9.7 10.86 9.99 11.01 9.26 10.70 8.11 10.22 10.07 12.21

Amundi Funds Convertible Global - AE (D) 9.84 10.34 9.42 10.58 9.77 10.73 9.13 10.47 7.99 10.13 9.98 12.15

Amundi Funds Convertible Global - FE (C) 94.76 99.10 90.68 100.57

Amundi Funds Convertible Global - IE (C) 1,218.82 1,285.34 1,160.23 1,295.98 1,182.20 1,310.75 1,088.10 1,263.93 947.85 1,192.78 1,173.49 1,412.51

Amundi Funds Convertible Global - ME (C) 102.86 107.96 97.92 109.39 99.83 110.67 91.87 106.71 79.90 100.54

Amundi Funds Convertible Global - SE (C) 10.86 11.39 10.42 11.67 10.75 11.84 9.99 11.53 8.76 11.04 10.88 13.22

Amundi Funds Bond Global Corporate - AE (C) 120.29 128.38 98.08 122.09 100.00 106.38

Amundi Funds Bond Global Corporate - AE (D) 110.47 117.90 100.19 112.13

Amundi Funds Bond Global Corporate - AHE (C) 99.77 100.43

Amundi Funds Bond Global Corporate - AU (C) 129.91 139.20 116.94 129.26 117.07 127.46 101.29 120.00 82.76 101.19 96.94 101.20

Amundi Funds Bond Global Corporate - AU (D) 110.40 114.95 99.41 112.82 106.22 114.05 100.00 109.67

Amundi Funds Bond Global Corporate - FU (C) 103.47 110.59 93.58 102.96

Amundi Funds Bond Global Corporate - IHE (C) 997.01 1,010.88

Amundi Funds Bond Global Corporate - IU (C) 1,315.94 1,414.45 1,180.23 1,309.32 1,173.94 1,281.79 1,016.56 1,199.74 833.85 1,015.76 972.65 1,013.26

Amundi Funds Bond Global Corporate - MU (C) 100.17 106.73

Amundi Funds Bond Global Corporate - OU (C) 997.99 1,054.78

Amundi Funds Bond Global Corporate - SU (C) 128.52 137.59 115.90 127.88 116.32 126.42 100.84 119.28 82.46 100.75 96.76 101.14

Amundi Funds Bond Euro Aggregate - AE (C) 104.43 112.83 97.95 105.44 99.70 122.27

Amundi Funds Bond Euro Aggregate - AE (D) 104.44 110.30 97.96 105.44 99.70 100.07

Amundi Funds Bond Euro Aggregate - I2 (D) 971.96 1,022.81 953.12 1,009.30 997.09 1,000.73

Amundi Funds Bond Euro Aggregate - FE (C) 104.01 112.18 97.79 105.04 99.69 119.79

Amundi Funds Bond Euro Aggregate - IE (C) 1,050.65 1,136.70 981.37 1,060.29 997.07 1,252.33

Amundi Funds Bond Euro Aggregate - ME (C) 104.96 113.32 98.16 105.93 99.70 100.07

Amundi Funds Bond Euro Aggregate - OE (C) 1,055.53 1,146.32 983.88 1,064.84 119.88 1,000.75

Amundi Funds Bond Euro Aggregate - SE (C) 104.22 112.48 97.87 105.24 99.69 100.07

Amundi Funds Bond Euro Corporate - AE (C) 16.02 17.09 14.73 16.07 14.86 15.68 13.01 15.42 11.09 12.99 12.66 13.43

Amundi Funds Bond Euro Corporate - AE (D) 10.77 11.17 9.9 10.81 10.40 11.21 9.76 11.13 8.32 10.13 9.92 10.80

Amundi Funds Bond Euro Corporate - FE (C) 103.47 110.16 95.35 103.88 99.53 100.18

Amundi Funds Bond Euro Corporate - I2 (D) 83.90 87.10 80.77 87.34 86.49 92.29 83.29 93.70 72.37 87.99 87.15 97.07

Amundi Funds Bond Euro Corporate - IE (C) 1,617.35 1,729.98 1,481.73 1,621.38 1,486.65 1,565.77 1,301.69 1,532.73 1,111.18 1,300.00 1,263.65 1,337.10

Amundi Funds Bond Euro Corporate - IE (D) 1,187.65 1,230.44 1,088.82 1,194.44 1,144.34 1,227.98 1,033.49 1,212.47

Amundi Funds Bond Euro Corporate - ME (C) 125.55 134.24 115.09 125.88 115.28 121.74 101.14 119.20 83.91 101.01 95.43 100.10

Amundi Funds Bond Euro Corporate - OE (C) 1,050.55 1,126.40 959.46 1,052.46 995.59 1,001.88

Amundi Funds Bond Euro Corporate - SE (C) 15.65 16.68 14.40 15.70 14.57 15.36 12.78 15.13 10.91 12.76 12.47 13.23

Amundi Funds Bond Euro Government - AE (C) 101.69 108.59 95.34 103.50 96.72 103.25

Amundi Funds Bond Euro Government - AE (D) 98.95 103.64 92.76 100.72 95.37 100.00

Amundi Funds Bond Euro Government - IE (C) 1,045.10 1,118.90 1,030.25 1,062.78

Amundi Funds Bond Euro Government - FE (C) 103.34 110.17 102.14 105.24

Amundi Funds Bond Euro Government - ME (C) 104.45 111.79 102.98 106.23

Amundi Funds Bond Euro Government - OE (C) 1,049.66 1,125.64 965.15 1066.83

Amundi Funds Bond Euro Government - SE (C) 100.57 107.31 98.15 104.29

Amundi Funds Bond Euro Inflation - AE (C) 130.37 138.93 116.84 133.80 128.31 135.00 124.37 132.60 111.97 125.16 110.92 120.82

Amundi Funds Bond Euro Inflation - AE (D) 119.56 126.32 107.15 127.82 123.21 130.66 121.44 128.35 109.34 122.22 109.74 118.52

Amundi Funds Bond Euro Inflation - FE (C) 98.46 104.58 88.46 101.20 99.30 100.87

Amundi Funds Bond Euro Inflation - IE (C) 1,366.43 1,457.98 1,220.62 1,399.57 1,332.89 1,400.14 1,282.70 1,372.82 1,151.07 1,289.42 1,132.21 1,237.69

Amundi Funds Bond Euro Inflation - ME (C) 112.25 119.94 100.23 114.97 109.45 114.97 105.26 112.73 94.52 105.82 97.88 100.20

Amundi Funds Bond Euro Inflation - OE (C) 999.48 1,070.11 889.99 1,022.10 993.08 1,009.06

Amundi Funds Bond Euro Inflation - SE (C) 128.41 136.50 115.23 131.89 126.78 133.46 123.24 131.18 111.11 124.07 110.33 120.03



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* Este subfundo foi fundido em 12 de Setembro de 2012.

Amundi Funds Equity Global Clean Planet - AE (C)* 94.09 113.61 87.52 103.05 74.47 88.71 69.18 82.82 59.37 86.20 82.62 107.07

Amundi Funds Equity Global Clean Planet - AE (D)*Amundi Funds Equity Global Clean Planet - FE (C)*Amundi Funds Equity Global Clean Planet - IE (C)*Amundi Funds Equity Global Clean Planet - I6 (C)* 1,525.09 1,865.10 1,398.35 1,662.39 1,178.38 1,417.95 1,080.45 1,306.57 924.24 1,112.77

Amundi Funds Equity Global Clean Planet - SE (C)*Amundi Funds Equity Europe Minimum Variance - IE (C)Amundi Funds Equity Europe Minimum Variance - ME (C)Amundi Funds Equity Europe Minimum Variance - SE (C)Amundi Funds Equity Global Minimum Variance - AU (C)Amundi Funds Equity Global Minimum Variance - IE (C)Amundi Funds Equity Global Minimum Variance - SU (C)Amundi Funds Convertible Europe - AE (C)Amundi Funds Convertible Europe - AE (D)Amundi Funds Convertible Europe - FE (C)Amundi Funds Convertible Europe - IE (C)Amundi Funds Convertible Europe - ME (C)Amundi Funds Convertible Europe - SE (C)Amundi Funds Convertible Global - AE (C) 10.24 12.12 9.32 10.71 8.79 9.33 8.65 9.28 8.06 8.73 8.43 9.71

Amundi Funds Convertible Global - AE (D) 10.21 12.06 9.30 10.68 8.77 9.31 8.63 9.25 8.04 8.70 8.43 9.71

Amundi Funds Convertible Global - FE (C)Amundi Funds Convertible Global - IE (C) 1,176.60 1,401.97 1,062.48 1,229.39 996.04 1,063.31 8.65 1 048.76 8.06 8.73 8.43 978.50

Amundi Funds Convertible Global - ME (C)Amundi Funds Convertible Global - SE (C) 11.11 13.13 10.13 11.63 9.58 10.14 9.44 10.11 8.81 9.53 8.61 10.34

Amundi Funds Bond Global Corporate - AE (C)Amundi Funds Bond Global Corporate - AE (D)Amundi Funds Bond Global Corporate - AHE (C)Amundi Funds Bond Global Corporate - AU (C)Amundi Funds Bond Global Corporate - AU (D)Amundi Funds Bond Global Corporate - FU (C)Amundi Funds Bond Global Corporate - IHE (C)Amundi Funds Bond Global Corporate - IU (C)Amundi Funds Bond Global Corporate - MU (C)Amundi Funds Bond Global Corporate - OU (C)Amundi Funds Bond Global Corporate - SU (C)Amundi Funds Bond Euro Aggregate - AE (C)Amundi Funds Bond Euro Aggregate - AE (D)Amundi Funds Bond Euro Aggregate - I2 (D)Amundi Funds Bond Euro Aggregate - FE (C)Amundi Funds Bond Euro Aggregate - IE (C)Amundi Funds Bond Euro Aggregate - ME (C)Amundi Funds Bond Euro Aggregate - OE (C)Amundi Funds Bond Euro Aggregate - SE (C)Amundi Funds Bond Euro Corporate - AE (C) 13.11 13.53 13.10 13.64 12.46 13.50 11.95 12.61 10.70 12.25 10.39 10.90

Amundi Funds Bond Euro Corporate - AE (D) 10.73 11.27 11.00 11.79 11.05 11.68 10.86 11.38 10.10 11.36 10.13 10.65

Amundi Funds Bond Euro Corporate - FE (C)Amundi Funds Bond Euro Corporate - I2 (D) 96.58 102.41 101.23 109.71 106.06 109.83 105.40 109.03 100.00 108.89

Amundi Funds Bond Euro Corporate - IE (C) 1,294.99 1,341.10 1,293.93 1,342.89 1,220,76 1,328.11 1,167.78 1,234.88 1,040.98 1,195.88 1,007.69 1,058.74

Amundi Funds Bond Euro Corporate - IE (D)Amundi Funds Bond Euro Corporate - ME (C)Amundi Funds Bond Euro Corporate - OE (C)Amundi Funds Bond Euro Corporate - SE (C) 13.36 12.95 13.50 12.36 13.37 11.88 12.52 10.66 12.18 10.37 10.88

Amundi Funds Bond Euro Government - AE (C)Amundi Funds Bond Euro Government - AE (D)Amundi Funds Bond Euro Government - IE (C)Amundi Funds Bond Euro Government - FE (C)Amundi Funds Bond Euro Government - ME (C)Amundi Funds Bond Euro Government - OE (C)Amundi Funds Bond Euro Government - SE (C)Amundi Funds Bond Euro Inflation - AE (C) 110.47 116.62 111.85 119.84 105.71 117.93 99.15 106.69 97.49 103.09

Amundi Funds Bond Euro Inflation - AE (D) 109.30 116.01 111.81 119.81 107.35 117.90

Amundi Funds Bond Euro Inflation - FE (C)Amundi Funds Bond Euro Inflation - IE (C) 1,127.31 1,186.85 1,135.28 1,213.38 1,064.27 1,192.46 994.26 1,072.82 975.74 1,032.56

Amundi Funds Bond Euro Inflation - ME (C)Amundi Funds Bond Euro Inflation - OE (C)Amundi Funds Bond Euro Inflation - SE (C) 109.90 116.14 111.53 119.63 110.85 117.80



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Amundi Funds Bond Euro High Yield - AE (C) 15.63 17.32 13.28 15.78 13.83 16.08 10.58 14.86 7.80 11.45 11.35 13.41

Amundi Funds Bond Euro High Yield - AE (D) 10.34 10.97 8.79 11.05 10.33 11.44 8.44 11.10 6.22 9.75 9.67 12.00

Amundi Funds Bond Euro High Yield - FE (C) 99.16 109.54 84.62 100.70 99.02 100.18

Amundi Funds Bond Euro High Yield - I2 (D) 71.49 75.36 66.56 82.14 78.85 86.93 65.80 86.46 51.53 80.72 80.72 101.86

Amundi Funds Bond Euro High Yield - IE (C) 1,794.24 1,995.83 1,512.13 1,803.66 1,553.00 1,822.92 1,143.87 1,665.14 839.11 1,220.32 1,205.83 1,412.45

Amundi Funds Bond Euro High Yield - IE (D) 1,000.31 1,071.92 851.06 1,062.35 999.37 1,080.77

Amundi Funds Bond Euro High Yield - ME (C) 123.65 137.55 104.25 124.32 107.45 125.70 100.00 114.83

Amundi Funds Bond Euro High Yield - OE (C) 999.76 1,079.50 998.04 1,124.82

Amundi Funds Bond Euro High Yield - SE (C) 15.14 16.76 12.88 15.31 13.45 15.60 10.31 14.46 7.61 11.18 11.09 13.12

Amundi Funds Bond US Opportunistic Core Plus - AHE (C) 106.52 110.43 99.51 106.27 12.94 100.10

Amundi Funds Bond US Opportunistic Core Plus - AE (C) 119.58 128.85 99.01 123.38 99.11 130.88

Amundi Funds Bond US Opportunistic Core Plus - AU (C) 106.25 110.47 99.50 106.04 38.61 100.09

Amundi Funds Bond US Opportunistic Core Plus - AU (D) 105.06 108.18 98.81 104.87

Amundi Funds Bond US Opportunistic Core Plus - FHE (C) 105.70 109.51 99.50 105.47 99.40 134.96

Amundi Funds Bond US Opportunistic Core Plus - FHE-QD (D) 100.01 100.46

Amundi Funds Bond US Opportunistic Core Plus - FU (C) 105.59 109.54 99.49 105.37 99.40 156.00

Amundi Funds Bond US Opportunistic Core Plus - IHE (C) 1,067.53 1,109.95 995.23 1,065.61 994.24 1,442.24

Amundi Funds Bond US Opportunistic Core Plus - IU (C) 1,067.12 1,111.58 995.17 1,065.15 994.23 1,776.11

Amundi Funds Bond US Opportunistic Core Plus - IU (D) 1,001.35 1,041.44

Amundi Funds Bond US Opportunistic Core Plus - MHE (C) 102.02 106.07 99.25 101.84

Amundi Funds Bond US Opportunistic Core Plus - MU (C) 102.13 106.37 99.26 101.94

Amundi Funds Bond US Opportunistic Core Plus - SHE (C) 104.67 108.54 98.87 104.48

Amundi Funds Bond US Opportunistic Core Plus - SHE-QD (D) 100.20 103.30 99.98 99.98

Amundi Funds Bond US Opportunistic Core Plus - SU (C) 105.34 109.43 99.35 105.15

Amundi Funds Bond Europe - AE (C) 150.01 162.22 132.38 150.30 141.46 149.25 129.97 144.79 108.04 130.18 120.23 130.19

Amundi Funds Bond Europe - AE (D) 104.55 109.35 92.26 104.75 103.53 115.18 104.70 111.74 87.03 107.39 101.76 112.06

Amundi Funds Bond Europe - FE (C) 104.19 112.39 92.27 104.48 99.10 99.77

Amundi Funds Bond Europe - IE (C) 1,458.71 1,580.24 1,283.46 1,460.44 1,364.26 1,440.18 1,261.29 1,389.32 1,062.97 1,263.33 1,181.17 1,276.81

Amundi Funds Bond Europe - ME (C) 114.93 124.57 101.15 115.07 107.45 113.44 99.32 109.56 83.93 99.47 93.27 100.84

Amundi Funds Bond Europe - SE (C) 147.73 159.62 130.52 148.06 139.87 147.52 128.76 143.23 107.18 128.97 119.34 129.38

Amundi Funds Bond Global Aggregate - AE (C) 113.43 122.91 89.12 116.68

Amundi Funds Bond Global Aggregate - AE (D) 113.16 126.03 92.22 119.64 99.65 106.16

Amundi Funds Bond Global Aggregate - AU (C) 180.68 192.66 152.05 180.66 157.49 179.59 125.19 161.42 98.62 125.14 98.78 101.22

Amundi Funds Bond Global Aggregate - AU (D) 105.16 109.40 89.11 107.53 100.11 108.07 99.86 101.58

Amundi Funds Bond Global Aggregate - FHE (C) 100.05 106.08 84.46 100.03 98.29 100.29

Amundi Funds Bond Global Aggregate - FHE-MD (D) 97.76 102.07 84.65 101.19

Amundi Funds Bond Global Aggregate - FU (C) 100.81 107.14 85.24 100.81

Amundi Funds Bond Global Aggregate - IE (C) 976.63 1,008.61

Amundi Funds Bond Global Aggregate - IHE (C) 1,000.39 1,011.13

Amundi Funds Bond Global Aggregate - IU (C) 1,703.02 1,816.90 1,431.96 1,702.05 1,499.11 1,679.15 1,232.23 1,525.13 991.62 1,231.88 991.08 1,013.86

Amundi Funds Bond Global Aggregate - MHE (C) 101.76 108.86 85.69 101.70 99.29 100.00

Amundi Funds Bond Global Aggregate - MU (C) 111.97 119.85 93.95 111.95 98.35 110.29 98.04 100.15

Amundi Funds Bond Global Aggregate - OU (C) 1,000.07 1,059.54

Amundi Funds Bond Global Aggregate - SHE (C) 101.38 107.75 85.30 101.36 98.78 100.70

Amundi Funds Bond Global Aggregate - SHE-MD (D) 96.52 100.98 83.41 99.60 98.50 100.26

Amundi Funds Bond Global Aggregate - SU (C) 178.61 190.30 150.48 178.60 156.32 177.93 124.52 160.27 98.36 124.48 98.60 101.13

Amundi Funds Bond Global - AE (C) 107.40 115.41 91.08 107.55 98.97 100.60

Amundi Funds Bond Global - AE (D) 104.49 112.39 90.05 106.33

Amundi Funds Bond Global - AU (C) 23.09 25.49 20.82 24.92 22.90 25.48 20.33 23.88 17.12 20.35 17.29 19.58

Amundi Funds Bond Global - AU (D) 14.96 15.87 13.49 17.35 16.26 17.98 15.51 17.54 13.06 15.53 14.09 15.55

Amundi Funds Bond Global - FHE (C) 92.85 100.65 84.30 102.19

Amundi Funds Bond Global - FHE-MD (C) 92.21 98.83 85.24 103.96

Amundi Funds Bond Global - FU (C) 92.96 100.91 84.21 101.08 98.26 100.09

Amundi Funds Bond Global - IU (C) 2,298.07 2,518.95 2065.39 2467.29 2,257.86 2,502.68 2,026.96 2,345.85 1,736.30 2,033.19 1,743.07 1,981.07

Amundi Funds Bond Global - IE-D (D) 927.11 1,010.49 806.58 1,004.19 974.34 1,166.56

Amundi Funds Bond Global - IU (D) 1,844.52 1,960.09 1,657.03 2,145.34 1,998.37 2,177.25 1,880.51 2,126.23 1,607.97 1,882.79 1,740.07 1,919.37

Amundi Funds Bond Global - MHE (C) 100.20 100.69

Amundi Funds Bond Global - MU (C) 124.98 136.78 112.36 134.25 122.88 136.43 110.32 127.86 94.25 110.44 99.42 107.55

Amundi Funds Bond Global - OU (C) 998.30 1,082.63

Amundi Funds Bond Global - SHE (C) 94.59 102.65 85.52 103.02 99.71 104.65

Amundi Funds Bond Global - SHE-MD (D) 86.48 92.89 79.84 97.48 95.58 100.00

Amundi Funds Bond Global - SU (C) 22.55 24.54 20.36 24.38 22.46 24.98 19.98 23.44 16.84 20.00 17.05 19.28

Amundi Funds Bond Global - I5 (D) 947.72 1,138.82 810.46 962.43 816.79 942.98



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Amundi Funds Bond Euro High Yield - AE (C) 12.45 13.61 11.69 12.61 10.79 12.06 9.69 10.91 8.17 9.82 8.50 10.00

Amundi Funds Bond Euro High Yield - AE (D) 11.43 12.18 11.34 12.12 10.98 12.06

Amundi Funds Bond Euro High Yield - FE (C)Amundi Funds Bond Euro High Yield - I2 (D) 100.24 104.25 100.04 103.18 95.92 105.58 97.51 101.09

Amundi Funds Bond Euro High Yield - IE (C) 1,296.66 1,431.65 1,205.12 1,311.65 1,102.31 1,239.52 981.93 1,111.88 825.88 993.78 963.05 1,003.14

Amundi Funds Bond Euro High Yield - IE (D)Amundi Funds Bond Euro High Yield - ME (C)Amundi Funds Bond Euro High Yield - OE (C)Amundi Funds Bond Euro High Yield - SE (C) 12.20 13.31 11.48 12.36 10.63 11.85 9.56 10.74 8.10 9.68 8.50 10.00

Amundi Funds Bond US Opportunistic Core Plus - AHE (C)Amundi Funds Bond US Opportunistic Core Plus - AE (C)Amundi Funds Bond US Opportunistic Core Plus - AU (C)Amundi Funds Bond US Opportunistic Core Plus - AU (D)Amundi Funds Bond US Opportunistic Core Plus - FHE (C)Amundi Funds Bond US Opportunistic Core Plus - FHE-QD (D)Amundi Funds Bond US Opportunistic Core Plus - FU (C)Amundi Funds Bond US Opportunistic Core Plus - IHE (C)Amundi Funds Bond US Opportunistic Core Plus - IU (C)Amundi Funds Bond US Opportunistic Core Plus - IU (D)Amundi Funds Bond US Opportunistic Core Plus - MHE (C)Amundi Funds Bond US Opportunistic Core Plus - MU (C)Amundi Funds Bond US Opportunistic Core Plus - SHE (C)Amundi Funds Bond US Opportunistic Core Plus - SHE-QD (C)Amundi Funds Bond US Opportunistic Core Plus - SU (C)Amundi Funds Bond Europe - AE (C) 121.62 126.46 119.73 124.03 109.10 120.80 106.83 111.16 100.31 112.42 98.91 137.62

Amundi Funds Bond Europe - AE (D) 107.43 110.59 107.55 111.74 101.13 109.85 102.90 109.15 100.29 111.30 98.90 101.05

Amundi Funds Bond Europe - FE (C)Amundi Funds Bond Europe - IE (C) 1,184.65 1,236.97 1,161.27 1,205.53 1,054.29 1,171.29 1,029.76 1,072.95 996.64 1,081.62

Amundi Funds Bond Europe - ME (C)Amundi Funds Bond Europe - SE (C) 121.22 125.77 119.55 123.72 115.56 120.63

Amundi Funds Bond Global Aggregate - AE (C)Amundi Funds Bond Global Aggregate - AE (D)Amundi Funds Bond Global Aggregate - AU (C)Amundi Funds Bond Global Aggregate - AU (D)Amundi Funds Bond Global Aggregate - FHE (C)Amundi Funds Bond Global Aggregate - FHE-MD (D)Amundi Funds Bond Global Aggregate - FU (C)Amundi Funds Bond Global Aggregate - IE (C)Amundi Funds Bond Global Aggregate - IHE (C)Amundi Funds Bond Global Aggregate - IU (C)Amundi Funds Bond Global Aggregate - MHE (C)Amundi Funds Bond Global Aggregate - MU (C)Amundi Funds Bond Global Aggregate - OU (C)Amundi Funds Bond Global Aggregate - SHE (C)Amundi Funds Bond Global Aggregate - SHE-MD (D)Amundi Funds Bond Global Aggregate - SU (C)Amundi Funds Bond Global - AE (C)Amundi Funds Bond Global - AE (D)Amundi Funds Bond Global - AU (C) 16.55 17.62 15.97 16.85 14.81 16.96 13.21 15.68 11.50 14.50 9.92 11.67

Amundi Funds Bond Global - AU (D) 13.73 14.36 13.25 14.07 12.75 14.29 11.75 13.59 10.50 12.90 9.41 10.77

Amundi Funds Bond Global - FHE (C)Amundi Funds Bond Global - FHE-MD (C)Amundi Funds Bond Global - FU (C)Amundi Funds Bond Global - IU (C) 1,661.31 1,774.64 1,598.74 1,691.41 1,474.75 1,692.94 1,311.31 1,559.06 1,137.01 1,438.43 977.22 1,153.32

Amundi Funds Bond Global - IE-D (D)Amundi Funds Bond Global - IU (D) 1,661.30 1,773.09 1,649.60 1,672.26

Amundi Funds Bond Global - MHE (C)Amundi Funds Bond Global - MU (C)Amundi Funds Bond Global - OU (C)Amundi Funds Bond Global - SHE (C)Amundi Funds Bond Global - SHE-MD (D)Amundi Funds Bond Global - SU (C) 16.36 17.39 15.80 16.66 14.69 16.82 13.13 15.57 11.46 14.42 9.91 11.63

Amundi Funds Bond Global - I5 (D) 917.20 980.34 944.79 1,017.66



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Amundi Funds Bond Global Inflation - AE (C) 117.33 120.89 110.74 118.94 103.65 110.98 99.96 105.43

Amundi Funds Bond Global Inflation - AE (D) 104.20 109.60 102.21 109.71 100.10 106.64 98.43 101.82

Amundi Funds Bond Global Inflation - FE (C) 104.67 107.69 99.47 106.16

Amundi Funds Bond Global Inflation - IE (C) 1,194.83 1,234.09 1,121.17 1,210.61 1,043.28 1,123.15 999.77 1,059.79

Amundi Funds Bond Global Inflation - ME (C) 111.81 115.46 105.02 113.30 99.20 105.21

Amundi Funds Bond Global Inflation - SE (C) 116.59 120.04 110.26 118.21 103.44 110.51 99.95 105.26

Amundi Funds Bond Emerging Inflation - AU (C) 91.94 101.38 84.70 97.71 94.97 100.00

Amundi Funds Bond Emerging Inflation - AU (D) 103.97 113.50 97.40 108.42

Amundi Funds Bond Emerging Inflation - FU (C) 94.80 104.24 87.41 101.71

Amundi Funds Bond Emerging Inflation - IE (C) 1,131.29 1,194.89 965.49 1,121.46

Amundi Funds Bond Emerging Inflation - IU (C) 931.63 1,032.50 851.12 979.18 950.06 1,000.00

Amundi Funds Bond Emerging Inflation - OU (C) 985.52 1,095.03 944.08 1,018.31

Amundi Funds Bond Emerging Inflation - SU (C) 91.61 100.93 84.36 97.68 94.97 100.00

Amundi Funds Bond Global Emerging - AE (C) 109.02 115.90 93.66 108.03 97.86 101.72

Amundi Funds Bond Global Emerging - AE (D) 103.95 112.99 91.52 105.32

Amundi Funds Bond Global Emerging - AU (C) 26.84 29.26 24.33 28.86 24.09 28.73 19.49 24.82 11.57 19.88 18.88 20.56

Amundi Funds Bond Global Emerging - AU (D) 15.40 16.15 13.96 17.24 15.00 17.16 13.19 15.46 7.82 14.53 13.97 15.10

Amundi Funds Bond Global Emerging - FHE (C) 93.42 99.91 85.51 102.22

Amundi Funds Bond Global Emerging - FHE-MD (C) 87.88 92.17 83.18 101.38

Amundi Funds Bond Global Emerging - FU (C) 94.58 102.84 86.08 102.18

Amundi Funds Bond Global Emerging - IU (C) 1,924.47 2,109.10 1,733.07 2,045.43 1,697.89 2,034.10 1,368.83 1,744.82 825.73 1,413.42 1,325.27 1,455.52

Amundi Funds Bond Global Emerging - MHE (C) 99.73 103.43

Amundi Funds Bond Global Emerging - MU (C) 145.40 159.31 130.98 154.70 128.29 153.73 103.73 131.13

Amundi Funds Bond Global Emerging - SHE (C) 94.28 100.91 86.08 103.16 99.78 102.55

Amundi Funds Bond Global Emerging - SHE-MD (D) 88.92 93.48 83.91 102.04 99.48 102.19

Amundi Funds Bond Global Emerging - SU (C) 26.12 28.45 23.71 28.14 23.54 28.30 19.09 24.27 11.34 19.51 18.56 20.19

Amundi Funds Bond Global Emerging Corporate - AE (D) 98.66 100.47

Amundi Funds Bond Global Emerging Corporate - AHE (C) 99.58 102.16

Amundi Funds Bond Global Emerging Corporate - AU (C) 100.01 101.33

Amundi Funds Bond Global Emerging Corporate - FHE (C) 100.09 100.94

Amundi Funds Bond Global Emerging Corporate - IHE (C) 769.76 777.48

Amundi Funds Bond Global Emerging Corporate - AU (D) 99.72 102.37

Amundi Funds Bond Global Emerging Corporate - IU (C) 1,115.35 1,229.19 1,087.89 1,115.55

Amundi Funds Bond Global Emerging Corporate - SHE (C) 100.25 101.93

Amundi Funds Multi Asset Emerging Markets - AHE (C) 99.86 104.01

Amundi Funds Multi Asset Emerging Markets - AU (C) 99.89 104.10

Amundi Funds Multi Asset Emerging Markets - IHE (C) 998.72 1,041.13

Amundi Funds Multi Asset Emerging Markets - IU (C) 998.97 1,041.97

Amundi Funds Multi Asset Emerging Markets - OU (C) 998.67 1,016.28

Amundi Funds Multi Asset Emerging Markets - SU (C) 99.89 104.09

Amundi Funds Index Equity Euro - AE (C) 83.04 101.02 73.98 103.26 85.97 106.42 74.09 99.76 57.52 101.55

Amundi Funds Index Equity Euro - AE (D) 102.98 123.09 93.75 131.06 112.48 135.10 97.40 130.47

Amundi Funds Index Equity Euro - IE (C) 836.62 1,018.51 744.10 1,038.18 862.76 1,069.19 742.06 1,000.62 575.71 1,015.55

Amundi Funds Index Equity Euro - IE (D) 770.93 920.66 701.01 981.47 839.83 1,010.79 742.06 974.01 575.71 1,015.55

Amundi Funds Index Equity Euro - ME (C) 94.76 115.34 84.22 117.52 97.71 121.05 96.05 113.33

Amundi Funds Index Equity Euro - OE (C) 791.26 963.68 703.15 980.84 930.22 971.90

Amundi Funds Index Equity Europe - AE (C) 103.03 116.33 85.83 109.65 91.34 113.23 74.62 103.65 58.75 100.00

Amundi Funds Index Equity Europe - AE (D) 113.16 124.96 95.41 123.32 105.90 127.77 98.16 120.14

Amundi Funds Index Equity Europe - IE (C) 1,037.93 1,172.78 863.25 1,103.79 916.55 1,137.64 747.34 1,039.61 587.97 1,000.00

Amundi Funds Index Equity Europe - IE (D) 954.82 1,054.38 803.97 1,041.10 893.54 1,077.93 747.35 1,013.55 587.98 1,000.00

Amundi Funds Index Equity Europe - ME (C) 153.13 173.00 127.41 162.88 135.36 167.96 110.43 153.56 86.89 120.15

Amundi Funds Index Equity Europe - OE (C) 927.91 1,048.90 771.10 986.43 916.02 1,001.26

Amundi Funds Index Equity North America - AE (C) 135.85 147.42 100.61 137.18 102.75 126.86 78.63 116.91 66.15 102.09

Amundi Funds Index Equity North America - AU (C) 121.48 134.46 100.48 129.67 92.53 125.57 93.29 109.89

Amundi Funds Index Equity North America - AE (D) 149.43 164.00 113.27 152.59 117.61 142.82 99.69 133.81

Amundi Funds Index Equity North America - IE (C) 1,369.51 1,485.46 1,011.82 1,381.10 1,031.10 1,274.49 787.46 1,172.74 662.07 1,020.97

Amundi Funds Index Equity North America - IU (C) 1,006.13 1,114.02 830.96 1,073.40 961.70 1,004.15

Amundi Funds Index Equity North America - IE (D) 1,291.36 1,418.72 980.13 1,319.06 1,016.97 1,234.56 787.46 1,156.69 662.07 1,020.97

Amundi Funds Index Equity North America - ME (C) 159.90 173.46 118.21 161.31 120.53 148.94 92.10 137.10

Amundi Funds Index Equity North America - OE (C) 1,104.72 1,197.95 815.18 1,113.32 928.15 948.85

Amundi Funds Index Equity Pacific - AE (C) 140.73 149.79 122.81 146.59 128.34 154.89 104.55 140.75 85.26 111.44

Amundi Funds Index Equity Pacific - AE (D) 113.30 123.72 102.65 121.07 108.64 131.13 95.95 121.64

Amundi Funds Index Equity Pacific - IE (C) 1,414.61 1,505.40 1,232.14 1,472.30 1,287.03 1,553.15 1,046.46 1,410.15 852.93 1,115.34

Amundi Funds Index Equity Pacific - IE (D) 1,298.76 1,419.45 1,176.71 1,388.25 1,247.32 1,505.22 1,046.45 1,395.45 852.92 1,115.33

Amundi Funds Index Equity Pacific - ME (C) 123.73 131.68 107.84 128.81 112.66 135.97 100.00 123.50

Amundi Funds Index Equity Pacific - OE (C) 935.06 994.93 813.52 972.64 867.29 903.46



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Amundi Funds Bond Global Inflation - AE (C)Amundi Funds Bond Global Inflation - AE (D)Amundi Funds Bond Global Inflation - FE (C)Amundi Funds Bond Global Inflation - IE (C)Amundi Funds Bond Global Inflation - ME (C)Amundi Funds Bond Global Inflation - SE (C)Amundi Funds Bond Emerging Inflation - AU (C)Amundi Funds Bond Emerging Inflation - AU (D)Amundi Funds Bond Emerging Inflation - FU (C)Amundi Funds Bond Emerging Inflation - IE (C)Amundi Funds Bond Emerging Inflation - IU (C)Amundi Funds Bond Emerging Inflation - OU (C)Amundi Funds Bond Emerging Inflation - SU (C)Amundi Funds Bond Global Emerging - AE (C)Amundi Funds Bond Global Emerging - AE (D)Amundi Funds Bond Global Emerging - AU (C) 18.17 20.61 16.87 18.82 14.10 16.87 13.44 14.62 9.71 14.27 9.84 11.04

Amundi Funds Bond Global Emerging - AU (D) 13.73 15.25 13.41 14.46 11.84 13.55 11.61 9.08 12.66 9.45 10.60

Amundi Funds Bond Global Emerging - FHE (C)Amundi Funds Bond Global Emerging - FHE-MD (C)Amundi Funds Bond Global Emerging - FU (C)Amundi Funds Bond Global Emerging - IU (C) 1,260.3 1,442.94 1,157.47 1,302.64 14.10 1,157.47 13.44 14.62 12.27 1,151.07 925.90 1,006.98

Amundi Funds Bond Global Emerging - MHE (C)Amundi Funds Bond Global Emerging - MU (C)Amundi Funds Bond Global Emerging - SHE (C)Amundi Funds Bond Global Emerging - SHE-MD (D)Amundi Funds Bond Global Emerging - SU (C) 17.90 20.27 16.66 18.55 13.95 16.66 13.35 14.47 9.67 14.17 9.84 11.00

Amundi Funds Bond Global Emerging Corporate - AE (D)Amundi Funds Bond Global Emerging Corporate - AHE (C)Amundi Funds Bond Global Emerging Corporate - AU (C)Amundi Funds Bond Global Emerging Corporate - FHE (C)Amundi Funds Bond Global Emerging Corporate - IHE (C)Amundi Funds Bond Global Emerging Corporate - AU (D)Amundi Funds Bond Global Emerging Corporate - IU (C)Amundi Funds Bond Global Emerging Corporate - SHE (C)Amundi Funds Multi Asset Emerging Markets - AHE (C)Amundi Funds Multi Asset Emerging Markets - AU (C)Amundi Funds Multi Asset Emerging Markets - IHE (C)Amundi Funds Multi Asset Emerging Markets - IU (C)Amundi Funds Multi Asset Emerging Markets - OU (C)Amundi Funds Multi Asset Emerging Markets - SU (C)Amundi Funds Index Equity Euro - AE (C)Amundi Funds Index Equity Euro - AE (D)Amundi Funds Index Equity Euro - IE (C)Amundi Funds Index Equity Euro - IE (D)Amundi Funds Index Equity Euro - ME (C)Amundi Funds Index Equity Euro - OE (C)Amundi Funds Index Equity Europe - AE (C)Amundi Funds Index Equity Europe - AE (D)Amundi Funds Index Equity Europe - IE (C)Amundi Funds Index Equity Europe - IE (D)Amundi Funds Index Equity Europe - ME (C)Amundi Funds Index Equity Europe - OE (C)Amundi Funds Index Equity North America - AE (C)Amundi Funds Index Equity North America - AU (C)Amundi Funds Index Equity North America - AE (D)Amundi Funds Index Equity North America - IE (C)Amundi Funds Index Equity North America - IU (C)Amundi Funds Index Equity North America - IE (D)Amundi Funds Index Equity North America - ME (C)Amundi Funds Index Equity North America - OE (C)Amundi Funds Index Equity Pacific - AE (C)Amundi Funds Index Equity Pacific - AE (D)Amundi Funds Index Equity Pacific - IE (C)Amundi Funds Index Equity Pacific - IE (D)Amundi Funds Index Equity Pacific - ME (C)Amundi Funds Index Equity Pacific - OE (C)



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290

Amundi Funds Index Global Bond (EUR) Hedged - AE (C) 120.96 123.17 112.97 121.96 110.14 114.82 105.41 112.01 100.14 106.94

Amundi Funds Index Global Bond (EUR) Hedged - AE (D) 104.53 108.18 103.09 108.07 100.57 108.40 100.03 105.78

Amundi Funds Index Global Bond (EUR) Hedged - IE (C) 1,214.88 1,237.81 1,132.25 1,224.41 1,103.02 1,149.19 1,055.96 1,120.46 1,001.62 1,070.06

Amundi Funds Index Global Bond (EUR) Hedged - ME (C) 115.03 117.18 107.26 115.94 104.51 108.90 100.12 106.19

Amundi Funds Absolute Forex - AE (C) 99.17 100.51 97.55 100.85 99.70 108.94

Amundi Funds Absolute Forex - AE (D) 97.56 100.85 99.71 100.25

Amundi Funds Absolute Forex - FE (C) 98.57 99.79 97.34 100.80 99.70 104.41

Amundi Funds Absolute Forex - Classic H (C) 98.69 99.93 97.42 100.84 99.73 100.27

Amundi Funds Absolute Forex - IE (C) 995.20 1,010.57 977.29 1,008.87 997.10 1,100.30

Amundi Funds Absolute Forex - ME (C) 99.42 100.92 97.69 100.88 99.71 107.06

Amundi Funds Absolute Forex - SE (C) 98.98 100.29 97.51 100.83 99.70 100.24

Amundi Funds Absolute VaR 2(EUR) - AHG (C) 96.68 97.54 94.73 100.26 99.85 100.08

Amundi Funds Absolute VaR 2(EUR) - AE (C) 114.03 114.87 111.77 117.36 116.69 118.53 109.73 118.02 96.81 110.14 105.21 108.05

Amundi Funds Absolute VaR 2(EUR) - AE (D) 97.94 98.64 96.25 102.54 101.99 103.56 98.86 103.27 87.46 103.62 98.97 103.40

Amundi Funds Absolute VaR 2(EUR) - AHG (D) 96.66 97.39 94.92 100.29 99.85 100.12

Amundi Funds Absolute VaR 2(EUR) - AHU (C) 117.54 118.58 115.75 117.64

Amundi Funds Absolute VaR 2(EUR) - AHU (D) 99.55 100.23 98.03 99.63

Amundi Funds Absolute VaR 2(EUR) - FE (C) 97.36 97.97 95.56 100.46 99.92 100.26

Amundi Funds Absolute VaR 2(EUR) - FHU (C) 101.26 102.01 99.74 101.35

Amundi Funds Absolute VaR 2(EUR) - Classic H (C) 110.47 111.17 108.42 113.99 113.37 115.21 107.31 115.11 95.63 108.85 104.21 106.85

Amundi Funds Absolute VaR 2(EUR) - IHG (C) 972.69 982.78 951.16 1,002.24 998.62 1,001.37

Amundi Funds Absolute VaR 2(EUR) - IE (C) 1,169.07 1,179.35 1,143.61 1,198.72 1,186.77 1,209.04 1,114.99 1,199.36 981.71 1,116.14 1,062.78 1,094.05

Amundi Funds Absolute VaR 2(EUR) - ME (C) 108.63 109.55 106.31 111.48 110.54 112.49 103.64 111.57 91.43 103.79 99.38 101.97

Amundi Funds Absolute VaR 2(EUR) - SE (C) 113.01 113.80 110.82 116.41 115.78 117.61 109.13 117.12 96.48 109.77 104.93 107.72

Amundi Funds Absolute VaR 2(EUR) - SHU (C) 116.61 117.58 114.81 116.67

Amundi Funds Absolute VaR 4(EUR) - AE (C) 105.24 106.37 105.10 113.27 110.32 113.98 103.12 113.29 88.92 107.02 102.07 110.32

Amundi Funds Absolute VaR 4(EUR) - AE (D) 85.31 86.82 85.79 94.70 93.35 95.31 91.29 96.06 78.72 98.53 93.97 103.86

Amundi Funds Absolute VaR 4(EUR) - AHU (C) 102.72 103.88 102.89 105.44

Amundi Funds Absolute VaR 4(EUR) - AHU (D) 92.14 93.19 92.30 94.60

Amundi Funds Absolute VaR 4(EUR) - FE (C) 93.48 94.43 93.67 99.79

Amundi Funds Absolute VaR 4(EUR) - Classic H (C) 102.37 103.44 102.44 110.53 108.03 111.44 100.92 110.84 87.20 105.02 100.26 108.60

Amundi Funds Absolute VaR 4(EUR) - IE (C) 1,090.99 1,104.23 1,085.84 1,168.39 1,133.04 1,173.92 1,051.73 1,161.32 903.57 1,086.88 1,034.20 1,113.41

Amundi Funds Absolute VaR 4(EUR) - IHU (C) 1,053.57 1,067.62 1,054.91 1,079.80

Amundi Funds Absolute VaR 4(EUR) - ME (C) 99.34 100.50 98.94 106.43 103.67 107.46 96.35 106.34 82.83 99.45 94.87 100.50

Amundi Funds Absolute VaR 4(EUR) - SE (C) 104.31 105.42 104.25 112.39 109.59 113.16 102.63 112.55 88.56 106.68 101.75 110.06

Amundi Funds Absolute VaR 4(EUR) - SHU (C) 102.13 103.26 102.32 104.89

Amundi Funds Absolute Statistical Arbitrage - AHU (C) 87.64 89.74 88.57 98.62 97.80 100.03

Amundi Funds Absolute Statistical Arbitrage - AE (C) 87.84 90.03 88.93 98.53 94.40 100.72 93.13 100.53

Amundi Funds Absolute Statistical Arbitrage - FE (C) 90.28 92.69 91.67 100.35

Amundi Funds Absolute Statistical Arbitrage - IHU (C) 885.65 905.12 892.15 987.21 978.80 1,000.26

Amundi Funds Absolute Statistical Arbitrage - IE (C) 892.93 913.13 900.57 991.51 948.86 1,010.88 934.92 1,008.20

Amundi Funds Absolute Statistical Arbitrage - IE (D) 884.30 904.30 891.86 981.93 943.59 1,001.07 929.34 1,007.44

Amundi Funds Absolute Statistical Arbitrage - ME (C) 87.07 89.07 87.78 96.73 93.28 98.66 91.76 98.98

Amundi Funds Absolute Statistical Arbitrage - SE (C) 86.05 88.26 87.23 97.02 93.60 99.25 92.69 100.46

Amundi Funds Absolute High Yield - AE (C) 103.42 105.50 99.95 104.40 100.55 104.53 94.22 101.46 82.69 97.07 96.63 102.73

Amundi Funds Absolute High Yield - AE (D) 99.73 101.85 97.28 103.81 100.52 104.20 99.21 100.83

Amundi Funds Absolute High Yield - FE (C) 99.78 101.66 96.80 100.56

Amundi Funds Absolute High Yield - Classic H (C) 100.55 105.11 101.73 105.55 95.44 102.38 82.17 96.64 96.35 102.55

Amundi Funds Absolute High Yield - IE (C) 1,084.20 1,108.11 1,043.68 1,088.67 1,043.88 1,089.31 975.56 1,052.13 835.72 979.14 972.08 1,030.92

Amundi Funds Absolute High Yield - ME (C) 110.13 112.52 106.09 110.69 106.27 110.88 96.83 107.02 82.97 97.24 96.65 100.31

Amundi Funds Absolute High Yield - SE (C) 105.05 107.14 101.61 106.16 102.29 106.29 95.80 103.09 82.47 96.86 96.46 102.62

Amundi Funds Absolute Volatility Arbitrage - AE (C) 117.19 118.18 115.38 118.21 116.13 118.24 114.73 116.46 109.81 115.64 105.21 109.81

Amundi Funds Absolute Volatility Arbitrage - AE (D) 105.20 106.08 103.58 106.11 104.24 106.14 103.00 104.84 100.01 104.69 99.85 102.04

Amundi Funds Absolute Volatility Arbitrage - FE (C) 98.84 99.55 97.87 100.25

Amundi Funds Absolute Volatility Arbitrage - Classic H (C) 115.10 115.98 113.70 116.50 114.80 116.57 113.47 115.14 109.11 114.70 104.81 109.11

Amundi Funds Absolute Volatility Arbitrage - IE (C) 1,210.33 1,221.39 1,184.66 1,213.36 1,185.20 1,212.96 1,170.29 1,188.41 1,111.28 1,173.84 1,059.62 1,111.28

Amundi Funds Absolute Volatility Arbitrage - ME (C) 111.42 112.50 109.17 111.82 109.34 111.80 107.98 109.64 102.65 108.40 99.55 102.65

Amundi Funds Absolute Volatility Arbitrage - OE (C) 997.66 1,012.48

Amundi Funds Absolute Volatility Arbitrage - SE (C) 116.19 117.14 114.53 117.34 115.40 117.38 114.03 115.73 109.34 115.02 104.85 109.34



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291

Amundi Funds Index Global Bond (EUR) Hedged - AE (C)Amundi Funds Index Global Bond (EUR) Hedged - AE (D)Amundi Funds Index Global Bond (EUR) Hedged - IE (C)Amundi Funds Index Global Bond (EUR) Hedged - ME (C)Amundi Funds Absolute Forex - AE (C)Amundi Funds Absolute Forex - AE (D)Amundi Funds Absolute Forex - FE (C)Amundi Funds Absolute Forex - Classic H (C)Amundi Funds Absolute Forex - IE (C)Amundi Funds Absolute Forex - ME (C)Amundi Funds Absolute Forex - SE (C)Amundi Funds Absolute VaR 2(EUR) - AHG (C)Amundi Funds Absolute VaR 2(EUR) - AE (C) 102.91 107.09 100.24 103.14 99.94 100.32

Amundi Funds Absolute VaR 2(EUR) - AE (D) 100.07 103.55 99.78 100.33

Amundi Funds Absolute VaR 2(EUR) - AHG (D)Amundi Funds Absolute VaR 2(EUR) - AHU (C)Amundi Funds Absolute VaR 2(EUR) - AHU (D)Amundi Funds Absolute VaR 2(EUR) - FE (C)Amundi Funds Absolute VaR 2(EUR) - FHU (C)Amundi Funds Absolute VaR 2(EUR) - Classic H (C) 102.38 106.20 100.10 102.70

Amundi Funds Absolute VaR 2(EUR) - IHG (C)Amundi Funds Absolute VaR 2(EUR) - IE (C) 1,033.33 1,078.38 1,003.40 1,035.61 999.49 1,004.55

Amundi Funds Absolute VaR 2(EUR) - ME (C)Amundi Funds Absolute VaR 2(EUR) - SE (C) 102.79 106.84 100.23 103.07 99.92 100.36

Amundi Funds Absolute VaR 2(EUR) - SHU (C)Amundi Funds Absolute VaR 4(EUR) - AE (C) 104.46 110.55 100.54 105.96 99.63 100.72

Amundi Funds Absolute VaR 4(EUR) - AE (D) 99.05 104.25 98.73 100.57

Amundi Funds Absolute VaR 4(EUR) - AHU (C)Amundi Funds Absolute VaR 4(EUR) - AHU (D)Amundi Funds Absolute VaR 4(EUR) - FE (C)Amundi Funds Absolute VaR 4(EUR) - Classic H (C) 103.32 108.99 100.29 104.98

Amundi Funds Absolute VaR 4(EUR) - IE (C) 1,050.11 1,115.58 1,007.35 1,064.68 996.42 1,009.09

Amundi Funds Absolute VaR 4(EUR) - IHU (C)Amundi Funds Absolute VaR 4(EUR) - ME (C)Amundi Funds Absolute VaR 4(EUR) - SE (C) 104.38 110.50 100.60 105.97 99.62 100.78

Amundi Funds Absolute VaR 4(EUR) - SHU (C)Amundi Funds Absolute Statistical Arbitrage - AHU (C)Amundi Funds Absolute Statistical Arbitrage - AE (C)Amundi Funds Absolute Statistical Arbitrage - FE (C)Amundi Funds Absolute Statistical Arbitrage - IHU (C)Amundi Funds Absolute Statistical Arbitrage - IE (C)Amundi Funds Absolute Statistical Arbitrage - IE (D)Amundi Funds Absolute Statistical Arbitrage - ME (C)Amundi Funds Absolute Statistical Arbitrage - SE (C)Amundi Funds Absolute High Yield - AE (C) 99.90 102.67

Amundi Funds Absolute High Yield - AE (D)Amundi Funds Absolute High Yield - FE (C)Amundi Funds Absolute High Yield - Classic H (C) 99.90 102.62

Amundi Funds Absolute High Yield - IE (C) 999.13 1,029.55

Amundi Funds Absolute High Yield - ME (C)Amundi Funds Absolute High Yield - SE (C) 99.90 102.66

Amundi Funds Absolute Volatility Arbitrage - AE (C) 102.02 105.41 99.96 102.03

Amundi Funds Absolute Volatility Arbitrage - AE (D)Amundi Funds Absolute Volatility Arbitrage - FE (C)Amundi Funds Absolute Volatility Arbitrage - Classic H (C) 101.98 105.05 99.95 102.00

Amundi Funds Absolute Volatility Arbitrage - IE (C) 1,022.06 1,060.96 999.44 1,022.13

Amundi Funds Absolute Volatility Arbitrage - ME (C)Amundi Funds Absolute Volatility Arbitrage - OE (C)Amundi Funds Absolute Volatility Arbitrage - SE (C) 101.79 105.06 99.95 101.80



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292

Amundi Funds Absolute Volatility Arbitrage Plus - AE (C) 100.74 102.33 99.69 101.21

Amundi Funds Absolute Volatility Arbitrage Plus - IE (C) 1,011.03 1,028.32 999.19 1,014.69

Amundi Funds Absolute Volatility Arbitrage Plus - IE (D) 1,010.96 1,026.60 998.67 1,014.61

Amundi Funds Absolute Volatility Arbitrage Plus - ME (C) 100.60 102.30 99.41 100.99

Amundi Funds Absolute Volatility Arbitrage Plus - SE (C) 100.64 102.19 99.63 101.14

Amundi Funds Absolute Volatility Euro Equities - AHC (C) 99.49 105.78 98.75 106.34 98.97 100.44

Amundi Funds Absolute Volatility Euro Equities - AE (C) 150.05 159.02 146.89 159.69 145.97 151.34 136.85 149.49 113.18 141.22 102.72 119.17

Amundi Funds Absolute Volatility Euro Equities - IHG (D) 1,064.54 1,125.63 1,034.31 1,129.12 1,028.07 1,065.07 967.16 1 047.19

Amundi Funds Absolute Volatility Euro Equities - IHG0 (D) 1,093.41 1,158.30 1,059.19 1,164.62 1,052.02 1,089.82 980.36 1 071.82

Amundi Funds Absolute Volatility Euro Equities - AE (D) 135.25 143.32 132.40 143.93 131.57 136.45 123.17 134.87 102.32 127.65 96.63 108.74

Amundi Funds Absolute Volatility Euro Equities - AHG (C) 96.47 100.64

Amundi Funds Absolute Volatility Euro Equities - AHG (D) 104.58 110.73 102.63 111.17 102.47 106.20 96.70 104.84

Amundi Funds Absolute Volatility Euro Equities - FE (C) 99.91 106.35 98.95 106.92 99.04 101.66

Amundi Funds Absolute Volatility Euro Equities - Classic H (C) 144.69 153.65 142.89 154.43 142.32 147.92 133.67 146.46 111.48 138.62 102.01 117.86

Amundi Funds Absolute Volatility Euro Equities - IHC (C) 1,004.38 1,063.57 988.89 1,067.73 990.05 1,004.16

Amundi Funds Absolute Volatility Euro Equities - IE (C) 1,559.22 1,649.21 1,511.37 1,654.53 1,497.72 1,551.68 1,397.32 1,526.60 1,144.65 1,434.63 1,028.35 1,199.27

Amundi Funds Absolute Volatility Euro Equities - IE (D) 1,023.22 1,080.49 990.35 1,083.95 981.41 1,016.76 1,000.00 1,001.52

Amundi Funds Absolute Volatility Euro Equities - ME (C) 137.09 145.07 133.34 145.57 132.24 136.98 123.28 134.98 101.22 126.71 96.47 106.19

Amundi Funds Absolute Volatility Euro Equities - OE (C) 1,037.20 1,096.99 996.23 1,102.97 996.45 1,007.57

Amundi Funds Absolute Volatility Euro Equities - SE (C) 147.31 156.25 144.86 156.97 144.11 149.62 135.01 148.03 112.13 139.66 102.20 118.30

Amundi Funds Absolute Volatility World Equities - AHE (C) 100.26 107.11 99.94 109.47 98.91 105.13 95.29 102.59

Amundi Funds Absolute Volatility World Equities - AHE (D) 95.29 101.71 99.27 104.40

Amundi Funds Absolute Volatility World Equities - AHC (C) 93.77 100.29 98.54 102.66

Amundi Funds Absolute Volatility World Equities - AHG (C) 97.34 103.78 99.86 106.19

Amundi Funds Absolute Volatility World Equities - AHG (D) 104.78 111.73 104.01 114.11 102.99 109.49 99.80 106.59

Amundi Funds Absolute Volatility World Equities - AHS (C) 94.74 101.11 99.66 103.45

Amundi Funds Absolute Volatility World Equities - AHS (D) 94.14 100.23

Amundi Funds Absolute Volatility World Equities - AE (C) 108.46 124.86 99.75 124.52

Amundi Funds Absolute Volatility World Equities - AE (D) 95.97 109.20 90.46 108.88

Amundi Funds Absolute Volatility World Equities - AU (C) 136.39 145.46 135.77 148.67 134.35 143.13 129.46 139.30 104.99 135.07 98.86 109.94

Amundi Funds Absolute Volatility World Equities - AU (D) 122.54 130.69 122.28 133.85 120.99 128.94 116.45 125.49 99.99 121.51

Amundi Funds Absolute Volatility World Equities - FHE (C) 92.13 98.57 96.90 100.81

Amundi Funds Absolute Volatility World Equities - FU (C) 97.70 104.47 98.76 106.79

Amundi Funds Absolute Volatility World Equities - Classic H (C) 132.56 141.68 133.07 144.92 131.94 140.54 127.63 137.38 104.39 133.80 98.80 109.74

Amundi Funds Absolute Volatility World Equities - IHC (C) 980.69 1,006.11

Amundi Funds Absolute Volatility World Equities - IHE (C) 1,044.31 1,111.44 1,028.07 1,135.18 1,015.53 1,078.12 978.77 1 049.53

Amundi Funds Absolute Volatility World Equities - IHG (C) 962.54 1,023.75 993.01 1,046.36

Amundi Funds Absolute Volatility World Equities - IHG (D) 1,027.15 1,092.24 1,011.78 1,114.84 998.85 1,062.60 966.43 1 036.73

Amundi Funds Absolute Volatility World Equities - IHG0 (D) 1,004.09 1,067.78 986.13 1,094.46 972.35 1,036.28

Amundi Funds Absolute Volatility World Equities - IHJ (C) 99,113.00 105,672.00 99,361.00 108,020.00

Amundi Funds Absolute Volatility World Equities - IU (C) 1,418.22 1,508.71 1,397.06 1,540.40 1,378.45 1,469.88 1,316.36 1,423.17 1,055.88 1,367.54 989.58 1,102.53

Amundi Funds Absolute Volatility World Equities - IU (D) 1,053.30 1,120.81 1,038.90 1,145.67 1,025.06 1,093.05 987.09 1 057.72

Amundi Funds Absolute Volatility World Equities - MU (C) 102.20 108.80 101.13 111.23 99.86 106.37 95.89 103.24

Amundi Funds Absolute Volatility World Equities - OU (C) 98.51 104.61 99.20 107.18

Amundi Funds Absolute Volatility World Equities - SHE (C) 95.75 102.26 99.99 104.63

Amundi Funds Absolute Volatility World Equities - SU (C) 134.26 143.35 134.24 146.61 132.99 141.69 128.47 138.15 104.63 134.36 98.82 109.82

Amundi Funds Cash EUR - AE (C)** 100.78 100.96 100.01 100.78 27.44 100.01

Amundi Funds Cash EUR - AE (D)** 100.50 100.90 100.01 100.80 100.00 100.01

Amundi Funds Cash EUR - FE (C)** 100.56 100.65 100.01 100.56 99.99 119.42

Amundi Funds Cash EUR - IE (C)** 1,009.90 1,012.71 1,000.27 1,009.82 1,000.05 1,232.96

Amundi Funds Cash EUR - IE (D)** 1,005.49 1,011.30 1,000.27 1,009.82 1,000.06 1,000.22

Amundi Funds Cash EUR - ME (C)** 100.99 101.27 100.03 100.98 100.00 124.09

Amundi Funds Cash EUR - OE (C)** 1,010.91 1,014.22 1,000.29 1,010.82 119.36 1,000.24

Amundi Funds Cash EUR - SE (C)** 100.74 100.89 100.01 100.73 100.00 100.01

Amundi Funds Cash USD - AU (C)*** 100.42 100.61 99.99 100.42 15.85 99.99

Amundi Funds Cash USD - AU (D)*** 100.44 100.63 99.99 100.43 99.99 99.99

Amundi Funds Cash USD - FU (C)*** 100.40 100.60 99.99 100.40 99.99 117.97

Amundi Funds Cash USD - IU (C)*** 1,004.20 1,006.14 1,000.01 1,004.17 1,000.00 1,223.66

Amundi Funds Cash USD - MU (C)*** 100.42 100.61 100.00 100.42 100.00 122.00

Amundi Funds Cash USD - SU (C)*** 100.41 100.61 99.99 100.41 99.99 99.99



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** O Subfundo Amundi Funds Money Market Euro foi renomeado para Amundi Funds Cash EUR em 3 de Dezembro de 2012.*** O Subfundo Amundi Funds Money Market USD foi renomeado para Amundi Funds Cash USD em 3 de Dezembro de 2012.


293

Amundi Funds Absolute Volatility Arbitrage Plus - AE (C)Amundi Funds Absolute Volatility Arbitrage Plus - IE (C)Amundi Funds Absolute Volatility Arbitrage Plus - IE (D)Amundi Funds Absolute Volatility Arbitrage Plus - ME (C)Amundi Funds Absolute Volatility Arbitrage Plus - SE (C)Amundi Funds Absolute Volatility Euro Equities - AHC (C)Amundi Funds Absolute Volatility Euro Equities - AE (C) 99.98 104.19

Amundi Funds Absolute Volatility Euro Equities - IHG (D)Amundi Funds Absolute Volatility Euro Equities - IHG0 (D)Amundi Funds Absolute Volatility Euro Equities - AE (D)Amundi Funds Absolute Volatility Euro Equities - AHG (C)Amundi Funds Absolute Volatility Euro Equities - AHG (D)Amundi Funds Absolute Volatility Euro Equities - FE (C)Amundi Funds Absolute Volatility Euro Equities - Classic H (C) 99.82 103.65

Amundi Funds Absolute Volatility Euro Equities - IHC (C)Amundi Funds Absolute Volatility Euro Equities - IE (C) 999.92 1,040.6

Amundi Funds Absolute Volatility Euro Equities - IE (D)Amundi Funds Absolute Volatility Euro Equities - ME (C)Amundi Funds Absolute Volatility Euro Equities - OE (C)Amundi Funds Absolute Volatility Euro Equities - SE (C) 99.97 103.75

Amundi Funds Absolute Volatility World Equities - AHE (C)Amundi Funds Absolute Volatility World Equities - AHE (D)Amundi Funds Absolute Volatility World Equities - AHC (C)Amundi Funds Absolute Volatility World Equities - AHG (C)Amundi Funds Absolute Volatility World Equities - AHG (D)Amundi Funds Absolute Volatility World Equities - AHS (C)Amundi Funds Absolute Volatility World Equities - AHS (D)Amundi Funds Absolute Volatility World Equities - AE (C)Amundi Funds Absolute Volatility World Equities - AE (D)Amundi Funds Absolute Volatility World Equities - AU (C)Amundi Funds Absolute Volatility World Equities - AU (D)Amundi Funds Absolute Volatility World Equities - FHE (C)Amundi Funds Absolute Volatility World Equities - FU (C)Amundi Funds Absolute Volatility World Equities - Classic H (C)Amundi Funds Absolute Volatility World Equities - IHC (C)Amundi Funds Absolute Volatility World Equities - IHE (C)Amundi Funds Absolute Volatility World Equities - IHG (C)Amundi Funds Absolute Volatility World Equities - IHG (D)Amundi Funds Absolute Volatility World Equities - IHG0 (D)Amundi Funds Absolute Volatility World Equities - IHJ (C)Amundi Funds Absolute Volatility World Equities - IU (C)Amundi Funds Absolute Volatility World Equities - IU (D)Amundi Funds Absolute Volatility World Equities - MU (C)Amundi Funds Absolute Volatility World Equities - OU (C)Amundi Funds Absolute Volatility World Equities - SHE (C)Amundi Funds Absolute Volatility World Equities - SU (C)Amundi Funds Cash EUR - AE (C)**Amundi Funds Cash EUR - AE (D)**Amundi Funds Cash EUR - FE (C)**Amundi Funds Cash EUR - IE (C)**Amundi Funds Cash EUR - IE (D)**Amundi Funds Cash EUR - ME (C)**Amundi Funds Cash EUR - OE (C)**Amundi Funds Cash EUR - SE (C)**Amundi Funds Cash USD - AU (C)***Amundi Funds Cash USD - AU (D)***Amundi Funds Cash USD - FU (C)***Amundi Funds Cash USD - IU (C)***Amundi Funds Cash USD - MU (C)***Amundi Funds Cash USD - SU (C)***



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** O Subfundo Amundi Funds Money Market Euro foi renomeado para Amundi Funds Cash EUR em 3 de Dezembro de 2012.*** O Subfundo Amundi Funds Money Market USD foi renomeado para Amundi Funds Cash USD em 3 de Dezembro de 2012.

AVISO LEGALAMUNDI FUNDSSociété d’investissement à capital variableR.C.S. Luxemburgo B 68.8065, allée Scheffer - L-2420 LuxemburgoTel. + 352 4767 6222 / + 352 4767 6667Fax + 352 4767 3781

· amundi funds relatório semi-anual não auditado r.c.s. luxemburgo b 68.806 para o período de...

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