QUOTED SECURITIES – EQUITIES
Quoted Securities – Equities – Europe
Total European Equities 558,834,060
% of Total Investments 2.57%
Austria
Holding Security Description Market Value €
627 AMAG Austria Metall 17,243
6,170 AMS 186,013
9,849 Andritz 450,001
2,486 Austria Technologie & Systemte 22,255
4,747 Buwog 77,756
6,900 CA Immobilien Anlagen 106,950
1,901 CAT Oil 28,040
5,911 Conwert Immobilien Invest 57,680
391 DO & Co 24,391
38,666 Erste Group Bank 743,741
3,317 EVN 33,170
1,211 Facc 8,666
731 Flughafen Wien 56,155
564,273 Immoeast 0
127,150 Immofinaz 265,998
491,815 Immofinaz NPV 0
46,574 Immofinaz ANSPR 0
476 Kapsch Trafficcom 8,370
730 Lenzing 38,500
828 Mayr Menlhof Karton 71,208
3,110 Oesterreichische Post 125,582
19,114 OMV 420,699
1,151 Palfinger 24,159
15,663 Raiffeisen Bank International 196,336
2,013 RHI 37,854
5,035 S Immo 31,066
1,028 Schoeller-Bleckmann Oilfield 61,680
944 Semperit Holding 37,930
2,094 Strabag 38,058
11,029 Uniqa Insurance Group 85,773
9,131 Verbund 139,659
5,218 Vienna Insurance Group 193,483
15,235 Voestalpine 499,632
10,815 Wienerberger 123,778
2,590 Zumtobel Group 48,446
4,260,270
% of Total Investments 0.02%
Belgium
Holding Security Description Market Value €
4,009 Ablynx 36,241
2,163 Ackermans & Van Haaren 220,842
28,424 Ageas 838,650
15,713 Agfa-Gevaert 32,840
106,647 Anheuser-Busch 10,009,887
232,744 Anheuser-Busch VVPR 0
989 Barco 57,599
1,754 Befimmo 105,608
18,907 Belgacom 569,101
5,525 Bpost 114,837
662 CIE D’Entreprises CFE 56,283
1,123 CIE Maritime Belge 17,199
1,573 Cofinimmo 150,961
9,185 Colruyt 353,347
13,314 Delhaize Group 804,565
2,111 D’Ieteren 61,842
5,695 Econocom Group 37,354
16,129 Elia System Operator 621,128
7,058 Euronav 73,191
1,128 EVS Broadcast Equipment 33,710
2,173 Exmar 22,393
2,798 Fagron 97,147
2,173 Galapagos 33,660
1,700 Gimv 64,660
10,354 Groupe Bruxelles Lambert 732,546
663 Intervest Offices & Warehouses 14,918
1,620 ION Beam Applications 23,231
2,925 KBC Ancora 78,068
36,618 KBC Groupe 1,702,554
1,475 Kinepolis Group 49,354
1,868 Melexis 70,050
2,744 Mobistar 53,796
3,568 NV Bekaert 93,999
26,446 Nyrstar 77,487
3,063 Ontex Group 72,639
6,911 Rezidor Hotel Group 20,675
6,618 RHJ International 30,509
7,537 Solvay 847,159
6,373 Telenet Group 295,930
2,897 Tessenderlo Chemie 60,649
2,984 Thrombogenics 19,575
16,136 UCB 1,019,795
14,720 Umicore 490,250
1,090 Warehouses De Pauw 68,321
20,234,550
% of Total Investments 0.09%
Denmark
Holding Security Description Market Value €
549 ALK-Abello 48,003
7,140 ALM Brand 31,359
2,220 AMBU 44,428
1,319 Auriga Industries 54,476
3,230 Bang & Olufsen 15,661
2,269 Bavarian Nordic 60,189
9,158 CHR Hansen Holding 337,399
2,367 D/S Norden 41,775
680 DFDS 53,978
4,324 Flsmidth & Co 158,143
3,658 Genmab 177,021
14,184 GN Store Nord 256,807
691 IC Group 13,179
6,473 Jyske Bank 271,951
2,996 Matas 56,739
2,194 NKT Holding 97,687
171 Per Aarsleff 26,596
643 Rockwool International 60,066
806 Royal Unibrew 117,675
1,046 Schouw & Co 40,742
3,406 Simcorp 74,339
541 Solar 21,036
8,401 Spar Nord Bank 65,445
6,466 Sydbank 165,183
7,789 Topdanmark 209,442
1,217 Zealand Pharma 13,567
2,512,886
% of Total Investments 0.01%
Finland
Holding Security Description Market Value €
10,947 Amer Sports 175,809
914 ATRIA 6,051
3,270 Cargotec 83,549
8,560 Caverion 56,924
22,834 Citycon 58,912
3,114 Cramo 37,617
5,318 Elektrobit 17,868
59,106 Fortum 1,062,135
7,969 F-Secure 17,930
3,122 HKScan 10,209
7,908 Huhtamaki 172,711
9,268 Kemira 91,614
14,889 Kesko 449,350
50,861 Kone 1,923,563
4,354 Konecranes 103,712
13,066 Metsa Board 58,405
17,978 Metso 446,933
17,158 Neste Oil 344,189
499,813 Nokia 3,278,773
18,007 Nokian Renkaat 365,362
9,397 Oriola-KD 32,608
13,276 Orion 342,123
17,118 Outokumpu 81,687
13,985 Outotec 61,338
1,954 PKC Group 34,351
5,979 Ramirent 38,565
63,281 Sampo 2,456,568
5,354 Sanitec 55,147
7,465 Sanoma 34,354
19,143 Sponda 69,298
3,043 Stockmann 19,353
77,635 Stora Enso 577,216
8,304 Technopolis 30,725
4,896 Tieto 105,313
72,199 UPM-Kymmene 983,350
5,042 Uponor 57,933
11,745 Valmet 120,034
21,071 Wartsila ABP 781,523
8,653 Yit 36,948
14,680,050
% of Total Investments 0.07%
France
Holding Security Description Market Value €
1,479 AB Science 17,023
2,473 ABC Arbitrage 11,574
23,262 Accor 868,603
18,320 Aeroports De Paris 1,836,580
33,179 Air France – KLM 264,238
45,783 Air Liquide 4,708,782
74,312 Airbus Group 3,072,801
683 AKKA Technologies 19,780
1,595 Albioma 26,302
364,892 Alcatel – Lucent 1,083,729
29,152 Alstom 783,023
2,104 Alten 74,376
12,835 Altran Technologies 100,780
494 ANF Immobilier 9,979
8,898 Arkema 490,013
171 Assystem 2,993
10,208 Atos 676,790
253,272 AXA 4,864,089
652 Axway Software 10,758
2,181 Belvedere 23,642
3,423 Beneteau 39,741
1,848 Biomerieux 158,448
130,793 BNP Paribas 6,442,863
622 Boiron 43,372
71,000 Bollore 267,658
1,143 Bonduelle 22,929
1,500 Bourbon 28,800
25,151 Bouygues 754,027
29,500 Bureau Veritas 540,145
19,709 Cap Gemini 1,172,291
112 Carmat 7,325
78,224 Carrefour 1,979,067
7,711 Casino Guichard Perrachon 589,583
494 Cegedim 14,415
494 Cegid Group 14,924
14,205 CGG 70,741
6,973 Christian Dior 996,442
60,553 Cie De Saint-Gobain 2,133,282
967 Cie Des Alpes 14,698
25,150 Cie Generale Des Esablissement 1,893,041
1,698 Club Mediterranee 42,620
22,056 CNP Assurances 324,775
8,493 Coface 93,253
137,552 Credit Agricole 1,480,060
74,151 Danone 4,037,522
16,822 Dassault Systemes 850,184
831 DBV Technologies 36,547
7,684 Derichebourg 19,594
27,350 Edenred 627,819
8,937 Eiffage 376,426
34,242 Electricite de France 781,574
6,652 Elior Participations 81,820
480 Eramet 36,720
26,284 Essilor International 2,436,001
285 Esso SA Francaise 9,103
8,331 Etablissements Maurel ET Prom 64,640
2,895 Euler Hermes Group 247,928
5,119 Eurazeo 297,977
84,197 Eutelsat Communications 2,256,059
597 Faiveley Transport 28,596
5,383 Faurecia 166,415
568 FFP 28,394
4,526 Fonciere des Regions 347,597
6,480 Gameloft 21,643
1,502 Gaztransport ET Technigaz 73,448
190,302 GDF Suez 3,697,568
4,620 Gecina 478,170
1,683 Genfit 63,415
820 GL Events 12,858
251 Groupe Crit 9,375
282,750 Groupe Eurotunnel 3,025,425
912 Groupe Fnac 37,848
448 Guerbet 15,277
1,134 Haulotte Group 14,186
23,228 Havas 156,952
3,118 Hermes 919,076
4,662 Icade 309,557
3,144 Iliad 624,713
4,369 Imerys 266,553
4,026 Ingenico 351,389
3,061 Innate Pharma 24,182
802 Interparfums 18,005
7,397 Ipsen 318,071
3,119 Ipsos 73,967
1,073 Jacquet Metal Service 16,685
8,992 JC Decaux 256,856
9,876 Kering 1,575,222
12,822 Klepierre 458,130
3,300 Korian-Medica 99,660
24,473 Lafarge 1,421,392
15,103 Lagardere 326,225
35,607 Legrand 1,550,507
1,490 Lisi 32,035
31,686 L’Oreal 4,413,860
33,548 LVMH Moet Hennessy 4,436,723
381 Maisons France Confort 11,140
896 Manitou BF 10,931
4,256 Mercialys 78,459
1,139 Mersen 22,917
5,204 Metropole Television 81,052
690 MGI Coutier 8,032
594 Montupet 39,471
7,267 MPI 22,237
123,053 Natixis 674,946
525 Naturex 26,250
3,013 Neopost 142,048
2,698 Nexans 68,543
2,443 Nexity 76,674
370 Nextradiotv 9,846
266 Norbert Dentressangle 32,452
12,167 Numericable 498,117
240,440 Orange 3,402,226
3,218 Orpea 166,950
631 Parrot 13,421
26,318 Pernod Ricard 2,428,099
49,859 Peugeot 509,559
433 Pierre & Vacances 9,686
5,531 Plastic Omnium 125,084
26,271 Publicis Groupe 1,566,802
2,009 Rallye 58,462
3,169 Remy Cointreau 175,436
24,934 Renault 1,509,255
36,096 Rexel 536,026
3,028 Rubis 143,149
35,190 Safran 1,803,488
2,355 Saft Groupe 59,228
153,117 Sanofi 11,584,832
392 Sartorius Stedim Biotech 63,230
73,425 Schneider Electric 4,450,289
19,486 SCOR 490,950
5,671 SEB 349,163
355 Sechie Environnement 7,065
3,586 Societe BIC 393,922
95,689 Societe Generale 3,348,158
25,207 Societe Television Francaise 320,633
12,084 Sodexo 982,067
16,445 Soitec 16,609
72,201 Solocal Group 42,021
1,211 Sopra Steria Group 76,899
309 Stallergenes 15,286
34,413 Suez Environnement 496,752
490 Synergie 9,139
1,706 Tarkett 30,537
24,660 Technicolor 114,398
14,506 Technip 716,814
5,231 Teleperformance 295,185
13,738 Thales 618,141
271,645 Total 11,550,345
1,160 Transgene 8,120
842 Trigano 18,777
8,605 Ubisoft Entertainment 130,495
13,004 Unibail-Rodamco 2,767,901
10,364 Valeo 1,073,710
15,573 Vallourec 354,286
2,931 Valneva 12,427
57,926 Veolia Environnement 854,698
1,626 Vicat 96,910
432 Vilmorin & CIE 36,534
63,193 Vinci 2,875,913
388 Virbac 67,628
170,775 Vivendi 3,533,335
4,174 Wendel 387,932
26,062 Zodiac Aerospace 727,390
139,128,721
% of Total Investments 0.64%
Georgia
Holding Security Description Market Value €
2,668 Bank of Georgia Holdings 71,110
71,110
% of Total Investments 0.00%
Germany
Holding Security Description Market Value €
4,418 Aareal Bank 147,075
28,039 Adidas 1,615,607
9,591 Aixtron 89,868
60,886 Allianz 8,362,692
6,854 Alstria Office Reit 70,596
451 Amadeus Fire 28,142
1,751 Aurelius 55,130
3,081 Aurubis 143,405
5,438 Axel Springer 272,335
123,407 BASF 8,623,681
856 Bauer 11,428
110,573 Bayer 12,494,749
43,569 Bayerische Motoren Werke (BMW) 3,911,189
1,205 BayWa AG 36,891
1,352 Bechtle 89,205
13,412 Beiersdorf 904,237
374 Bertrandt 43,010
367 Bijou Brigitte 18,592
9,178 Bilfinger 425,446
719 Biotest 67,050
6,451 Borussia Dortmund 24,940
20,789 Brenntag 966,896
1,073 Cancom 38,070
2,989 Carl Zeiss Meditec 63,068
5,989 Celesio 160,026
787 Centrotec Sustainable 11,234
399 Cewe Stiftung & Co 20,552
2,072 Comdirect Bank 17,220
125,854 Commerzbank 1,381,877
2,137 Compugroup Medical 42,526
14,480 Continental 2,541,964
2,059 Cropenergies 6,012
3,972 CTS Eventim & Co KGAA 97,314
127,794 Daimler 8,813,952
486 Delticom 9,195
184,721 Deutsche Bank 4,615,254
863 Deutsche Beteiligungs 21,929
24,650 Deutsche Boerse 1,459,773
3,926 Deutsche Euroshop 142,102
30,028 Deutsche Lufthansa 415,287
126,712 Deutsche Post 3,426,926
415,060 Deutsche Telekom 5,499,545
38,217 Deutsche Wohnen 748,289
7,773 Deutz 31,092
6,533 Dialog Semiconductor 191,580
2,860 Dic Asset 21,181
5,798 DMG Mori Seiki 136,253
4,930 Do Deutsche Office 14,430
862 Draegerwerk & Co 66,746
3,672 Drillisch 108,618
2,229 Duerr 163,297
247,701 E.On 3,516,116
2,912 Elrinkgklinger 83,851
9,810 Evonik Industries 266,096
8,386 Evotec 30,819
3,410 Fielmann 192,836
19,586 Fraport Frankfurt Airport 940,911
11,427 Freenet 270,763
28,028 Fresenius Medical Care 1,733,532
52,708 Fresenius & Co 2,274,877
14,272 Fuchs Petrolub 467,940
23,919 GEA Group 875,435
2,881 Gerresheimer 129,501
2,317 Gerry Weber International 79,126
266 Gesco 18,641
1,005 Grammer 33,210
1,306 H&R 9,851
3,962 Hamborner Reit 32,164
11,818 Hamburger Hafen Und Logistik 203,861
7,838 Hannover Rueck 587,615
18,943 Heidelbergerment 1,114,038
20,453 Heidelberger Druckmaschinen 42,358
38,752 Henkel 3,325,089
3,452 Hochtief 202,011
646 Homag Group 19,380
5,632 Hugo Boss 572,774
2,182 Indus Holding 83,156
149,207 Infineon Technologies 1,319,736
497 Init Innovaton in Traffic Sys 10,193
3,946 Jenoptik 40,900
1,470 Jungheinrich 77,807
25,252 K+S 578,650
2,808 Kabel Deutschland 315,619
4,451 Kion Group 141,252
9,102 Kloeckner & Co 81,581
4,343 Kontron 21,737
1,306 Krones 105,473
2,366 Kuka 139,547
212 KWS ASST 57,134
11,831 Lanxess 454,961
4,938 Leg Immobilien 306,107
3,005 Leoni 148,432
24,772 Linde 3,819,842
2,050 Lpkf Laser & electroniccs 22,202
4,706 MAN 433,705
242 MANZ 13,547
17,292 Merck KGAA 1,356,039
17,693 Metro 447,810
4,413 MLP 16,372
1,984 Morphosys 152,034
11,232 MTU Aero Engines 810,501
20,459 Muenchener Rueckversicherungs 3,391,079
440 Nemetschek 36,788
5,949 Nordex 89,265
2,930 Norma Group 116,145
427 OHB 8,412
11,277 Osram Licht 369,435
3,197 Patrizia Immobilien 38,971
859 Pfeiffer Vacuum Technology 58,927
20,533 Porsche Automobil 1,378,996
28,443 Prosiebensat 1 Media 990,670
440 Puma 75,922
8,538 QSC 14,873
310 R Stahl 12,248
314 Rational 81,562
3,428 Rheinmetall 124,334
4,993 Rhoen-Klinikum 115,813
1,727 Rib Software 18,893
64,723 RWE 1,660,145
3,951 SAF-Holland 43,856
3,571 Salzgitter 83,597
119,661 SAP 6,971,450
818 Sartorius 82,823
3,192 SGL Carbon 43,794
105,843 Siemens 9,922,781
2,703 Sixt 77,188
974 SLM Solutions Group 18,798
957 SMA Solar Technology 14,642
12,980 Software 262,196
5,481 Stada Arzneimittel 138,395
232 STO & Co 29,000
531 Stratec Biomedical 24,291
2,017 Stroeer Media 49,860
18,668 Suedzucker 223,363
15,727 Symrise 788,395
9,479 Tag Immobilien 91,188
2,927 Takkt 39,836
4,631 Talanx 117,025
67,910 Telefonica Deutschland Holding 299,755
56,891 Thyssenkrupp 1,209,503
1,667 Tom Tailor Holding 19,937
15,097 United Internet 565,911
1,128 Villeroy & Boch 13,592
24,450 Volkswagen 4,496,806
832 Vossloh 44,512
953 VTG 17,488
3,329 Wacker Chemie 303,105
2,247 Wacker Neuson 38,098
2,737 Wincor Nixdorf 110,055
25,848 Wirecard 942,289
179 Xing 16,613
248 Zooplus 16,356
132,343,584
% of Total Investments 0.61%
Greece
Holding Security Description Market Value €
789,851 Alpha Bank 369,650
498,028 Eurobank Ergasias 93,131
1,862 FF Group 49,157
52,561 Hellenic Telecom Organization 478,305
6,298 Jumbo 53,344
300,638 National Bank of Greece 441,938
45,584 OPAP 405,698
422,780 Piraeus Bank 384,730
7,168 Public Power 38,707
3,095 Titan Cement 59,331
2,373,991
% of Total Investments 0.01%
Ireland
Holding Security Description Market Value €
5,856 Accenture 430,771
2,423 Actavis 513,718
21,914 Aer Lingus Group 48,342
899 Allegion 41,066
3,022,929 Allied Irish Banks 41,441
3,677,374 Bank of Ireland 1,151,018
45,731 Beazley 169,091
31,671 C&C Group 114,649
4,170 Covidien 351,295
7,668 DCC 349,781
4,351 Eaton 243,550
1,125 Endo International 66,827
2,019 FBD Holdings 23,077
15,828 Glanbia 201,016
20,267 Grafton Group 166,008
36,903 Greencore Group 135,597
53,438 Hibernia REIT 57,980
2,661 Ingersoll-Rand Public 138,935
772,932 Irish Bank Resolution Corporation 0
12,580 Irish Continental Group 40,885
449 Jazz Pharmaceuticals 60,551
19,576 Kerry Group 1,117,202
13,296 Kingspan Group 190,798
92,941 National Toll Road 190,529
2,818 Origin Enterprises 23,812
4,064 Paddy Power 280,050
1,840 Pentair 100,661
1,142 Perrigo 157,233
94,096 Ryanair 922,611
2,886 Seagate Technology 158,075
51,033 Smurfit Kappa Group 954,317
4,263 Tyco International 154,003
22,139 UDG Healthcare 108,805
3,050 Unidare Units 153
793,776 Waterford Wedgewood UTS 794
7,103 Weatherford International 66,987
1,658 Willis Group Holdings 61,193
2,611 XL Group 73,915
8,906,737
% of Total Investments 0.04%
Israel
Holding Security Description Market Value €
11,196 Africa Israel Investments 8,463
1,163 Africa Israel Properties 12,665
3,011 Airport City 21,932
6,546 Alony Hetz Properties & Investments 35,587
428 Al-Rov Israel 9,013
527 Alrov Properties and Lodgings 8,038
5,850 Amot Investments 14,402
662 B Communications 9,836
63 Bayside Land Corp 13,708
5,001 Cellcom Israel 35,982
1,392 Check Point Software Technology 90,083
1,758 Clal Insurance Enterprises Holding 20,761
2,935 Delek Automotive Systems 21,639
423 Delta-Galil Industries 9,491
2,323 Discount Investment Corp 3,716
2,125 Elbit Systems 107,150
143 Electra 13,134
2,631 Ezchip Semiconductor 42,029
1,796 First International Bank of Israel 18,987
3,441 Frutarom Industries 87,848
8,269 Gazit-Globe 80,903
9,671 Harel Insurance Investments 36,307
325 IDI Insurance 9,261
84,631 Israel Discount Bank 112,064
1,430 Ituran Location and Control 26,034
1,865 Jerusalem Economy 4,418
790 Jerusalem Oil Exploration 20,152
3,104 Matrix IT 11,555
1,103 Malisron 25,238
2,282 Menorah Mivtachim Holdings 16,424
32,278 Migdal Insurance & Financial 31,861
2,939 Naphtha Israel Petroleum Corp 12,061
2,334 Nitsba Holdings 1995 25,639
762 Norstar Holdings 14,754
102,224 Oil Refineries 22,437
4,724 Ormat Industries SHK1 26,873
2,945 Osem Investments 43,239
7,843 Partner Communications Co 33,715
411 Paz Oil Co 43,939
5,055 Phoenix Industries 11,074
285 Plasson Industries 7,765
4,100 PLUS500 31,583
550 Rami Levy Chain Stores Hashikma 16,756
18,427 Shikun & Binui 32,169
6,683 Shufersal 11,779
3,397 Strauss Group 42,175
3,417 Tower Semiconductor 37,355
1,371,993
% of Total Investments 0.01%
Italy
Holding Security Description Market Value €
115,398 A2A 96,646
4,904 Acea 43,842
8,070 Amplifon 39,575
17,541 Anima Holding 73,041
10,988 Ansaldo STS 91,530
3,441 Ascopiave 6,283
169,182 Assicurazioni Generali 2,876,094
4,459 Astaldi 21,314
3,199 ASTM 30,582
215,134 Atlantia 4,158,540
10,506 Autogrill 65,663
9,260 Azimut Holding 166,958
503,646 Banca Carige 27,449
5,266 Banca Generali 121,381
1,959 Banca IFIS 26,819
587,736 Banca Monte dei Paschi di Siena 276,236
43,551 Banca Popolare Dell’Emilia Roma 238,006
372,315 Banca Popolare Di Milano Scarl 201,981
41,553 Banca Popolare Di Sondrio Scar 128,648
18,080 Banca Profilo 5,587
47,724 Banco Popolare 480,103
98,982 Beni Stabili Spa 57,459
2,446 Brembo 67,754
1,868 Brunello Cucinelli 34,614
20,794 Buzzi Unicem 201,970
2,133 Cairo Communication 10,354
4,357 Cementir Holding 21,850
7,899 Cerved Information Solutions 34,519
36,152 Cir-Compagnie Industriali Run 31,271
29,169 COFIDE 12,601
413 Cosmo Pharmaceuticals 50,423
7,611 Credito Emiliano 47,417
99,176 Credito Valtellinese 78,647
4,502 Danieli & C’Officine 70,416
2,164 Datalogic 19,260
64,090 Davide Campari-Milano 330,704
4,669 De’Longhi 69,895
9,564 Dea Capital 15,503
2,047 Diasorin 68,227
1,513 Ei Towers 62,593
208,621 Enel Green Power 361,749
870,137 Enel 3,216,026
395 Engineering 14,813
329,350 Eni 4,778,869
4,785 ERG 44,285
2,633 Esprinet 15,087
13,199 Exor 449,294
9,137 Falck Renewables 8,493
45,709 Fincantieri 35,127
19,100 Finecobank Banca Fineco 89,159
51,841 Finmeccanica 400,990
7,096 Geox 19,159
11,222 Gruppo Editoriale L’Espresso 10,700
15,350 GTECH 283,822
15,350 Gtech RTS –
52,303 Hera 101,729
26,970 Immobiliare Grande 17,396
837 Industria Macchine Automatiche 30,383
6,083 Interpump Group 70,867
1,578,218 Intesa Sanpaolo 3,822,444
43,504 Iren 39,393
16,625 Italcementi 82,128
2,103 Italmobiliare 33,249
53,741 Juventus Football Club 11,823
23,677 Luxottica 1,077,304
9,791 Maire Tecnimont 17,683
3,030 Marr 44,602
153,672 Mediaset 528,632
73,406 Mediobanca 496,959
53,095 Mediolanum 280,873
10,542 Moleskine 10,516
8,923 Moncler 99,224
45,278 Parmalat 108,214
13,072 Piaggio & C 31,504
43,815 Pirelli & C 491,166
28,284 Prysmian 428,503
13,270 RCS Mediagroup 12,401
8,620 Recordati 110,767
381 Reply 23,203
3,120 Safilo 33,634
33,799 Saipem 296,248
17,721 Salini Impregilo 53,447
10,804 Salvatore Ferragamo 220,510
20,807 Saras 17,353
1,006 Save 13,269
1,109,797 Snam 4,550,168
12,059 Societa Cattolica Di Assicuraz 69,038
33,653 Societa Iniziative Austostradali 268,719
3,712 Sogefi 7,691
31,243 Sorin 60,174
5,463 Tamburi Investment Partners 14,335
2,204,442 Telecom Italia 1,792,675
752,920 Terna Rete Elettrica Nazionale 2,830,979
1,124 Tod’s 80,928
7,385 Trevi Financziara Industriale 20,900
599,160 Unicredit 3,196,519
116,457 Unione Di Banche Italiane 694,084
42,368 Unipol Gruppo 173,440
160,065 Unipolsai 357,686
2,106 Vittoria Accisurazioni 18,112
11,774 World Duty Free 93,780
4,498 Yoox 82,763
2,677 Zignago Vetro 13,572
43,120,308
% of Total Investments 0.20%
Luxemburg
Holding Security Description Market Value €
11,268 Altice 735,350
4,266 Aperam 104,880
133,882 Arcelormittal 1,216,720
1,940 Braas Monier Building Group 31,069
798 Eurofins Scientific 169,216
19,628 Gagfah 363,118
6,753 Grand City Properties 82,184
3,849 Oriflame Cosmetics 44,460
60,844 Regus 162,792
5,177 PLT Group 409,604
220,981 Ses 6,566,450
63,054 Tenaris 785,653
10,671,496
% of Total Investments 0.05%
Malta
Holding Security Description Market Value €
20,000 Brait 112,145
2,254 Unibet Group 118,183
230,328
% of Total Investments 0.00%
Netherlands
Holding Security Description Market Value €
9,079 Aalberts Industries 222,753
1,842 Accell Group 25,051
254,436 Aegon 1,592,515
630 Aercap Holdings 20,144
32,658 Akzo Nobel 1,882,734
1,253 Amsterdam Commodities 23,820
5,505 Arcadis 137,240
4,651 ASM International 163,250
44,671 ASML 3,998,055
2,206 Be Semiconductor Industries 40,877
4,778 BinckBank 33,680
10,340 Boskalis Westminster 469,953
1,790 Brunel International 24,344
990 Chicago Bridge & Iron Co 34,231
4,956 Corbion 68,467
415 Core Laboratories 41,134
8,962 Corio 364,126
3,626 Eurocommercial Properties 127,526
5,356 Euronext 143,514
1,208 Exact Holding 38,294
9,407 First Britannia Mezzanine 604
16,990 Fugro 293,247
10,457 Gemalto 710,344
5,511 Grontmij 19,459
13,070 Heineken Holding 678,725
29,095 Heineken 1,715,150
2,700 IMCD Group 76,140
517,294 ING 5,602,294
856 Kendrion 18,507
110,989 Koninklijke Ahold 1,637,643
22,288 Koninklijke BAM Groep 57,414
23,381 Koninklijke DSM 1,184,014
409,212 Koninklijke KPN 1,075,409
123,549 Koninklijke Philips 2,983,708
2,379 Koninklijke Ten Cate 44,464
35,753 Koninklijke Vopak 1,540,418
4,020 Lyondellbasell Industries 262,868
2,728 Nielsen N.V 100,505
12,537 NSI 46,161
6,330 Nutreco 281,590
2,493 NXP Semiconductors 156,878
10,752 Oci 310,625
40,481 Postnl 125,491
31,533 Qiagen 610,479
14,563 Randstad 583,394
8,137 Royal Imtech 31,327
41,303 SBM Offshore 403,985
71,429 SNS Reaal Groep 60,069
3,007 TKH Group 79,265
63,316 TNT Express 350,834
9,178 TomTom 50,745
6,000 USG People 55,998
1,670 Vastned Retail 62,542
3,089 Wereldhave 176,073
6,812 Wessanen 35,777
39,728 Wolters Kluwers 1,007,105
2,123 Yandex 31,405
31,912,363
% of Total Investments 0.15%
Norway
Holding Security Description Market Value €
13,711 Akastor 32,754
2,341 Aker 42,590
13,468 Aker Solutions 61,888
3,516 American Shipping 14,582
6,598 Atea 56,187
8,403 Austevoll Seafood 43,214
1,906 Avance Gas Holding 21,501
3,423 Bakkafrost 63,410
7,352 Borregaard 45,127
31,542 BW Offshore 26,198
9,300 Det Norske Oljeselskap 41,008
55,366 DNO 97,849
3,068 Fred Olsen Energy 23,124
5,947 Hexagon Composites 14,996
34,480 Kongsberg Automotive 21,965
14,711 Kvaerner 14,464
1,760 Leroy Seafood Group 53,139
27,463 Marine Harvest 312,535
9,830 Nordic Semiconductor 51,313
2,721 Norwegian Air Shuttle 83,117
45,661 Norwegian Property 51,004
3,656 Ocean Yield 17,791
11,019 Opera Software 115,771
20,027 Petroleum Geo-Services 93,778
170,457 Rec Silicon 33,631
4,549 Salmar 64,145
6,760 Schibsted 354,149
5,000 Selvaag Bolig 11,115
8,062 Sparebank 1 Nord 35,576
10,809 Sparebanken 1 69,932
40,329 Storebrand 130,237
9,518 TGS Nopec Geophysical 170,212
27,257 Thin Film Electronics 15,072
49,000 Vard 18,309
6,090 Wilh Wilhelmsen 30,982
2,332,663
% of Total Investments 0.01%
Portugal
Holding Security Description Market Value €
6,732 Altri 16,716
33,712 Banco BPI 34,589
5,002,911 Banco Comercial Portugues 328,691
3,491,304 Banif Banco Internacional 19,900
13,506 CTT Correios de Portugal 108,278
340,443 EDP Energias Portugal 1,095,546
49,335 GALP Energia 415,943
33,589 Jeronimo Martins 279,964
6,418 Mota Engil 17,078
15,941 NOS 83,467
13,828 Portucel 42,659
124,497 Portugal Telecom 107,565
15,859 REN – Redes Energeticas Nacion 38,157
5,391 Semapa Sociedade de Investimento 54,045
68,883 Sonae 70,536
2,713,134
% of Total Investments 0.01%
Spain
Holding Security Description Market Value €
38,173 Abengoa 70,384
209,100 Abertis Infraestructuras 3,435,513
5,791 Acciona 325,454
27,487 Acerinox 343,725
23,358 ACS Actividades 676,681
5,567 Almirall 76,546
56,903 Amadeus IT Holding 1,882,636
7,607 Applus Services 69,604
6,136 Atresmedia Corp De Medios 71,423
3,250 Axia Real Estate 35,149
793,840 Banco Bilbao Vizcaya 6,234,819
793,840 Banco Bilbao Vizcaya Argentaria 62,713
464,321 Banco de Sabadell 1,023,828
204,519 Banco Popular Espanol 850,799
1,686,007 Banco Santander 11,795,305
605,063 Bankia 749,068
90,119 Bankinter S A 603,887
6,540 Bolsas y Mercados Espanoles 210,196
261,955 Caixabank 1,142,386
4,760 Carbures Europe 25,323
15,982 Cemex Latam Holdings 88,922
3,585 Cia De Distribucion Integral 64,960
3,569 Cie Automotive 40,205
158 Construcciones y Auxiliar 47,771
3,852 Corporacion Financiera Alba 156,391
47,663 Deoleo 17,874
75,704 Distribuidora Internacional 425,986
6,576 Duro Felguera 22,030
7,077 Ebro Foods 97,026
27,381 EDP Renovaveis 147,967
113,262 Enagas 2,965,765
11,374 ENCE Energia y Celulosa 23,544
42,583 Endesa 704,749
21,597 Faes Farma 37,039
21,597 Faes Farma SA 1,339
222,917 Ferrovial 3,661,412
5,679 Fomento De Construcciones y 66,728
5,679 Fomento De Construcciones y RTS 20,444
21,601 Gamesa Corp Tecnologica 163,282
40,656 Gas Natural 846,051
22,170 Grifols 734,270
3,875 Grupo Catalana Occidente 92,961
4,710 Hispania Activos Inmobiliarios 51,056
700,607 Iberdrola 3,921,297
141,582 Inditex 3,356,201
9,066 Indra Sistemas 73,163
183,441 Inmobiliaria Colonial 100,342
1,365 Laboratorios Farmaceuticos 14,060
3,613 Lar Espana Real Estate 33,153
2,662 Let’s Gowex 21,083
129,026 Liberbank 87,222
132,302 Mapfre 372,166
47,771 Mediaset Espana Comunicacion 498,968
4,254 Melia Hotels International 37,690
11,663 Merlin Properties Socimi 116,980
673 Miquel y Costas & Miquel 21,536
14,444 NH Hotel Group 57,415
19,304 Obrascon Huarte Lain 358,089
3,283 Papeles y Cartones De Europa 12,574
96,272 Promotora De Informaciones 24,838
24,779 Prosegur Cia De Seguridad 116,957
6,536 Realia Business 3,333
57,685 Red Electrica 4,223,119
137,087 Repsol 2,131,017
137,087 Repsol SA 62,649
28,167 Sacyr 80,642
2,819 Tecnicas Reunidas 102,302
546,946 Telefonica 6,519,596
7,775 Tubacex 24,103
7,629 Tubos Reunidos 13,046
4,070 Viscofan 179,345
23,240 Zardoya Otis 213,808
15,316 Zeltia 40,894
62,980,799
% of Total Investments 0.29%
Sweden
Holding Security Description Market Value €
2,444 AAK 108,631
4,951 Active Biotech 9,883
5,416 AF 72,652
1,266 Arcam 19,543
1,725 Avanza Bank Holding 47,381
1,691 Axfood 83,983
3,836 Axis Communications 81,514
2,253 B&B Tools 36,579
3,136 Betsson 91,813
1,733 Bilia 43,819
15,792 Billerudkorsnas 189,141
1,211 Biogaia 23,142
5,066 Bure Equity 19,362
3,880 Byggmax Group 21,790
13,672 Castellum 177,723
3,416 Cdon Group 6,401
3,573 Clas Ohlson 51,258
19,898 Cloetta 47,876
10,274 Com Hem Holding 68,909
3,667 Dios Fastigheter 22,545
3,173 Duni 39,185
12,238 Fabege 131,070
7,026 Fastighets Balder 82,467
4,555 Fingerprint Cards 16,876
3,797 Gunnebo 15,240
3,241 Haldex 35,108
5,620 Hemfosa Fastiheter 98,722
2,287 Hexpol 179,322
4,536 HIQ International 19,848
4,390 Holmen 124,367
10,377 Hufvudstaden 112,244
1,518 Industrial & Financial Systems 38,625
2,855 Indutrade 94,832
6,893 Intrum Justitia 170,252
1,202 Investment Oresund 21,243
6,803 JM 180,341
5,145 KappAhl 22,951
42,498 Klovern 34,632
13,659 Kungsleden 82,160
3,494 L E Lundbergforetagen 125,803
5,404 Lindab International 37,741
4,989 Loomis 120,038
22,629 Meda 271,028
2,525 Medivir 26,411
2,137 Mekonomen 46,412
5,171 Modern Times Group MTG 136,968
7,862 NCC 206,504
2,495 Net Entertainment NE 69,859
3,699 New Wave Group 15,122
7,648 Nibe Industrier 163,577
10,472 Nobia 77,762
1,733 Nolato 32,841
7,217 Nordnet 21,667
15,704 Opus Group 15,214
1,352 Orexo 19,503
15,021 Peab 87,874
6,833 Qliro Group 12,730
17,646 Ratos 88,427
1,398 Recipharm 20,018
5,910 Saab 127,286
12,072 SAS 19,535
3,786 Scandi Standard 19,428
2,015 Skistar 18,717
36,821 Ssab 168,794
13,222 Swedish Orphan Biovitrum 111,697
2,737 Tethys Oil 17,775
21,659 Trelleborg 304,374
7,801 Wallenstam 107,717
6,047 Wihlborgs Fastigheter 91,899
5,306,153
% of Total Investments 0.02%
Switzerland
Holding Security Description Market Value €
3,123 Ace 295,503
1,418 AFG 29,070
1,250 Allreal Holding 142,527
3,301 Ascom Holding 41,866
279 Autoneum Holding 39,330
277 Banque Cantonale Vaudoise 124,171
826 Basilea Pharmaceutica 63,303
1,197 BKW 29,318
516 Bossard Holding 46,905
605 Bucher Industries 125,237
265 Burckhardt Compression Holding 83,914
321 Burkhalter Holding 23,053
1,874 Cembra Money Bank 85,720
26,717 Clariant 371,514
65 Comet 34,922
635 Daetwyler 67,440
2,634 Dufry 326,402
4,716 EFG International 45,497
195 Emmi 56,924
19,723 Evolva Holding 21,652
13,357 Ferrexpo 9,089
1,896 Flughafen Zurich 1,050,968
115 Forbo Holdings 95,116
403 Galenica 265,449
14,139 Gam Holding 211,662
1,012 Garmin 44,036
2,331 Gategroup Holding 55,057
373 Georg Fischer 195,124
591 Helvetia 232,979
1,196 Huber & Suhner 47,148
1,319 Implenia 63,350
147 Inficon Holding 37,685
96 Intershop Holding 28,423
279 Kaba Holding 116,598
283 Komax 34,010
3,593 Kudelski 36,157
291 Kuoni Reisen Holding 72,907
363 Leonteq 72,455
13,786 Logitech International 154,210
8,227 Meyer Burger Technology 44,132
2,541 Mobilezone Holding 22,295
572 Mobimo Holding 94,763
5,245 Myriad Group 18,626
16,152 OC Oerlikon 167,914
1,045 Orascom Development Holding 15,687
1,191 Panalpina Welttransport Holding 132,234
3,741 PSP Swiss Property 266,948
300 Rieter Holding 41,292
335 Santhera Pharmaceuticals Holding 23,696
53,006 Schmolz – Bickenbach 47,610
79 Schweiter Technologies 51,248
1,013 SFS Group 66,640
321 Siegfried Holding 43,249
230 ST Galler Kantonalbank 69,054
84,858 Stmicroelectronics 526,120
909 Straumann Holding 189,564
870 Swissquote Group Holding 22,575
3,822 TE Connectivity 199,112
945 Tecan Group 88,810
5,496 Temenos Group 162,266
502 U Blox Holding 57,364
1,448 Valiant Holding 99,412
251 Valora 47,678
20 Vetropack 26,364
8,098 Von Roll Holding 9,159
2,393 Vontobel Holding 74,632
255 Walter Meier 8,674
887 Zehnder Group 30,467
7,524,274
% of Total Investments 0.03%
United Kingdom
Holding Security Description Market Value €
233,659 3I Infrastructure 458,978
12,845 888 Holdings 22,840
15,546 Abcam 92,959
14,386 Acacia Mining 47,171
38,328 Advanced Computer Software 68,276
18,839 Advanced Medical Solutions 30,294
93,473 Afren 56,739
22,783 African Minerals 2,925
18,190 Alent 74,965
8,642 Allied Minds 40,719
77,462 Amerisur Resources 44,255
46,031 Amlin 282,604
8,802 Anglo Pacific Group 11,301
27,543 Anite 28,112
15,028 AO World 54,061
2,776 Aon 216,826
14,008 Arrow Global Group 40,914
32,547 Ashmore Group 117,000
4,881 Asos 161,426
8,194 Avanti Communications Group 27,326
5,899 Aveva Group 99,516
1,340 Awilco Drilling 11,559
63,085 Balfour Beatty 171,704
88,158 Barratt Developments 533,090
39,749 BBA Aviation 183,716
11,139 Bellway 277,295
15,830 Berendsen 223,559
11,491 Berkeley 365,871
7,032 Betfair Group 141,922
11,732 Big Yellow Group 91,579
17,641 Bodycote 146,650
60,678 BooHoo.com 30,771
132,120 Booker Group 277,505
12,319 Bovis Homes Group 139,892
25,077 Brewin Dolphin Holdings 95,942
10,817 Brit plc 37,566
369 British Land Co 3,681
22,840 Britvic 197,786
33,092 BTG 337,760
69,800 Bwin.Party Digital Entertainment 105,565
249,128 Cable & Wireless Communication 158,772
52,437 Cairn Energy 120,170
67,436 Capital & Counties Properties 315,665
12,271 Card Factory 44,600
39,650 Carillion 170,939
102,995 Centamin 77,884
17,700 Chemring 54,311
10,514 Chesnara 45,794
17,125 Cineworld Group 91,264
3,801 Clinigen Group 25,815
13,617 Close Brothers Group 261,186
123,825 CNH Industrial N.V. 829,628
32,805 Colt Group 56,437
3,429 Concentric 33,951
6,898 Costain Group 24,775
20,840 Crest Nicholson Holdings 103,919
14,523 CSR 159,606
24,901 Daily Mail & General Trust 263,588
12,503 Dairy Crest 80,100
8,632 Dart 32,249
9,180 De La Rue 61,345
102,823 Debenhams 99,338
2,840 Delphi Automotive 170,105
8,795 Derwent London plc 340,779
15,222 Devro 59,606
2,809 Dialight 29,212
4,462 Dignity 109,359
9,105 Diploma 82,879
10,289 Domino Printing Sciences 87,184
14,756 Domino’s Pizza Group 133,086
37,150 Drax Group 219,685
85,611 DS Smith 353,919
8,397 Dunelm Group 100,475
17,892 DX Group 20,100
40,354 Electrocomponents 111,389
42,113 Elementis 141,548
65,914 Enquest 30,042
2,158 Ensco 53,235
44,172 Enterprise Inns 64,991
22,589 Essentra 212,288
24,902 Esure Group 65,284
34,703 Evraz 68,836
14,363 Faroe Petroleum 11,156
17,810 Fenner 49,447
113,233 Fiat Chrysler Automobiles 1,087,037
3,438 Fidessa Group 105,493
104,787 Firstgroup 143,546
18,365 Flybe Group 26,172
20,142 Foxtons Group 41,440
7,515 Galliford Try 124,269
7,654 Game Digital 35,376
8,615 Gem Diamonds 19,328
5,562 Genus 89,332
21,866 Globo 11,229
3,558 Go-Ahead Group 112,327
38,263 Grainger 92,354
31,463 Great Portland Estates 298,109
20,119 Greene King 192,434
9,271 Greggs 87,128
18,087 GW Pharmaceuticals 83,132
3,126 GVC Holdings 19,304
18,300 Halfords Group 110,331
33,394 Halma 294,754
58,949 Hansteen Holdings 81,434
2,655 Hargreaves Services 21,986
130,124 Hays 243,241
9,245 Helical Bar 45,430
19,388 Hellermanntyton Group 78,408
96,031 Henderson Group 263,842
500,949 HICL Infrastructure 980,803
13,289 Hikma Pharmaceuticals 337,642
75,141 Home Retail Group 200,177
27,308 Homeserve 118,011
59,172 Howden Joinery Group 306,154
11,493 Hunting 78,425
32,900 IG Group Holdings 303,699
10,960 Igas Energy 4,960
19,537 Imagination Technologies Group 57,440
39,327 Inchcape 366,056
9,369 Infinis Energy 26,463
58,432 Informa 353,188
105,842 Innovation Group 40,766
35,333 Intermediate Capital Group 208,714
21,085 International Personal Finance 121,708
12,835 Interserve 91,867
21,774 ITE Group 44,728
8,683 J D Wetherspoon 91,412
19,926 Jazztel 250,071
3,909 John Menzies 17,841
33,602 John Wood Group 257,332
32,672 Jupiter Fund Management 153,062
17,877 Just Eat 71,081
15,641 Just Retirement Group 29,720
24,505 Kaz Minerals 81,107
47,340 Kcom 54,548
328,176 Kelda 0
5,867 Keller 66,285
4,972 Kier 95,176
83,625 Landbrokes 118,636
24,598 Laird 98,215
16,712 Lancashire Holdings 120,153
8,014 Liberty Global 321,999
52,177 Londonmetric Property 102,224
26,702 Lookers 44,566
5,963 Majestic Wine 31,388
149,332 Man Group 307,713
52,375 Marstons 96,560
25,047 Michael Page International 132,454
11,811 Micro Focus International 163,768
18,897 Mitchells & Butlers 93,163
33,850 Mitie Group 120,772
39,134 Moneysupermarket.com 117,518
153,156 Monitise 49,649
26,113 Morgan Advanced Materials 106,276
13,156 Mothercare 29,558
14,316 N Brown Group 70,468
13,496 Nanoco Group 25,254
40,030 National Express Group 127,660
1,548,241 National Grid 18,249,327
8,867 Newriver Retail 33,583
2,332 Noble Corporation 31,827
12,253 Northgate 95,488
41,067 Ocado Group 210,897
7,661 Onesavings Bank 21,098
47,544 Ophir Energy 86,372
14,001 Optimal Payments 61,611
4,974 Oxford Instruments 81,421
25,980 Pace 115,774
28,055 Paragon Group 149,910
14,706 Partnership Assurance Group 26,338
189,660 Pennon 2,238,957
34,616 Petra Diamonds 86,218
22,503 Pets at Home Group 58,417
17,051 Phoenix Group 181,696
17,022 Playtech 150,573
14,627 Poundland Group 61,633
9,265 Primary Health Properties 44,011
34,122 Premier Farnell 77,102
60,254 Premier Foods 24,755
45,641 Premier Oil 97,974
12,872 Provident Financial 406,867
56,967 Qinetiq Group 137,426
35,744 Quadrise Fuels International 11,473
33,122 Quindell 16,797
43,218 Quintain Estates & Development 52,850
76,489 Redefine International 53,520
20,400 Redrow 77,394
84,358 Reed Elsevier 1,673,663
3,012 Renishaw 75,793
166,810 Rentokil Initial 259,777
18,441 Restaurant Group 156,260
8,521 Rightmove 245,926
24,680 Rockhopper Exploration 20,833
7,957 Rotork 237,617
1,151 Rowan 22,108
5,530 RPC Group RTS 12,460
16,592 RPC Group 105,870
20,239 RPS 54,333
16,618 Safestore Holdings 49,498
23,567 Salamander Energy 19,667
11,132 Savills 97,185
42,456 Schroder Real Estate Investments 32,432
7,359 SDL 39,209
38,239 Senior plc 148,852
50,361 Serco Group 103,903
95,724 Severn Trent 2,465,302
24,631 Shaftesbury 246,974
36,429 Shanks Group 46,770
51,516 SIG 115,281
18,177 SOCO International 70,804
10,914 Spectris 294,534
47,452 Speedy Hire 48,128
6,942 Spirax-Sarco Engineering 256,325
16,246 Spire Healthcare Group 79,259
59,014 Spirent Communications 57,393
60,569 Spirit Pub Co 81,106
23,516 SSP Group 89,064
46,455 St James’s Place 485,782
17,273 St Modwen Properties 85,556
39,748 Stagecoach Group 189,121
27,088 Stobart Group 37,994
17,846 Stock Spirits Group 50,406
2,636 Stolt-Nielsen 36,441
3,728 Supergroup 42,598
16,489 SVG Capital 93,612
5,344 Synergy Health 142,708
24,971 Synthomer 75,981
46,712 Talktalk Telecom Group 182,374
290,822 Taylor Wimpey 514,511
2,556 Ted Baker 72,883
18,635 Telecity Group 192,475
5,868 Telecom Plus 95,075
7,673 Telit Communications 23,741
128,604 Thomas Cook Group 211,175
23,677 Trinity Mirror 49,473
22,503 TSB Banking Group 80,432
13,728 TT Electronics 18,242
20,024 Tullett Prebon 72,985
7,584 Tungsten Corp 27,628
40,568 UBM 251,616
6,375 Ultra Electronics Holdings 147,323
207,471 Unilever 6,771,853
17,842 UNITE Group 106,516
273,905 United Utilities Group 3,221,171
36,320 Vectura Group 60,036
19,079 Vesuvius 109,296
7,450 Victrex 199,139
10,017,800 Vodafone 0
10,568 WH Smith 183,302
651,558 Whitbread 0
10,050 Workspace Group 98,707
9,241 WS Atkins 162,183
6,790 XAAR 33,606
22,148 Xchanging 44,216
534 Zeal Network 20,960
18,817 Zoopla Property Group 47,471
66,158,649
% of Total Investments 0.30%
Quoted Securities – Equities – North America
Total North American Equities 444,022,060
% of Total Investments 2.04%
Canada
Holding Security Description Market Value €
2,150 Agnico-Eagle Mines 44,214
1,350 Agrium 105,596
3,636 Alimentation Couche-Tard 125,888
2,886 ARC Resources 51,633
6,043 Bank of Montreal 353,135
11,345 Bank of Nova Scotia 534,940
10,809 Barrick Gold 96,230
2,403 BCE 91,042
4,632 BlackBerry 41,962
13,282 Bombardier 39,195
5,278 Brookfield Asset Management 218,506
3,650 Cameco 49,444
3,718 Canadian Imperial Bank of Commerce 263,959
7,025 Canadian National Railway 399,730
10,178 Canadian Natural Resources 259,968
4,492 Canadian Oil Sands 33,284
1,475 Canadian Pacific Railway 234,680
723 Canadian Tire 63,102
1,724 Canadian Utilities 50,152
6,973 Cenovus Energy 118,853
2,437 CGI Group 76,751
1,872 CI Financial 42,983
4,018 Crescent Point Energy 76,886
6,608 Eldorado Gold 33,268
349,020 Enbridge 14,826,457
6,893 Encana 79,257
17,971 Entertainment One 74,385
200 Fairfax Financial 86,579
1,591 Finning International 28,544
5,488 First Quantum Minerals 64,429
112,731 Fortis 3,123,088
1,358 Franco-Nevada 55,245
7,501 Goldcorp 114,731
2,792 Great West Lifeco 66,688
2,741 Husky Energy 53,600
921 IGM Financial 30,329
2,450 Imperial Oil 87,195
1,244 Intact Financial 74,173
132,863 Inter Pipeline 3,395,502
34,170 Keyera 1,969,822
10,496 Kinross Gold 24,331
2,157 Loblaw Companies 95,357
2,039 Magna International 182,528
17,006 Manulife Financial 268,217
1,374 MEG Energy 19,101
854 Metro 56,658
3,014 National Bank of Canada 105,960
134,491 Pembina Pipeline 4,049,169
4,482 Penn West Petroleum 7,745
8,028 Potash Corporation of Saskatchewan 234,452
3,234 Power Canada 73,037
2,166 Power Financial 55,725
982 Restaurant Brands International 31,565
1,124 Restaurant Brands International Inc 36,352
3,373 Rogers Communications 108,340
13,336 Royal Bank of Canada 760,919
2,370 Saputo 58,850
3,611 Shaw Communications 80,498
3,282 Silver Wheaton 55,147
1,404 SNC-Lavalin Group 44,238
5,602 Sun Life Financial 166,988
13,988 Suncor Energy 367,032
9,554 Talisman Energy 61,823
4,374 Teck Resources 49,391
87 Telus 2,592
1,844 Telus Corporation 54,862
17,128 Toronto-Dominion Bank 676,083
1,443 Tourmaline 39,710
2,480 Transalta 18,552
291,739 TransCanada 11,845,474
7,407 Turquoise Hill Resources 18,909
1,361 Ultra Petroleum 14,752
2,876 Valeant Pharmaceuticals International 340,159
111,165 Veresen 1,451,318
479 Weston (George) 34,180
24,457 Westshore Terminals Investment 550,078
9,246 Yamana Gold 30,835
2,505 Riocan Reit 47,079
49,653,431
% of Total Investments 0.23%
United States
Holding Security Description Market Value €
865 3D Systems 23,419
6,098 3M 825,322
14,294 Abbott Laboratories 530,035
14,806 AbbVie 798,044
6,528 Activision Blizzard 108,343
4,629 Adobe Systems 277,183
1,860 ADT 55,504
678 Advance Auto Parts 88,948
6,147 AES 69,718
3,391 Aetna 248,104
495 Affiliated Managers Group 86,532
4,159 Aflac 209,269
3,045 Agilent Technologies 102,679
47,993 AGL Resources 2,154,764
1,913 Air Products & Chemicals 227,256
511 Airgas 48,478
1,575 Akamai Technologies 81,675
11,058 Alcoa 143,815
1,791 Alexion Pharmaceuticals 272,950
163 Alleghany 62,228
992 Allegheny Technologies 28,409
2,811 Allergan 492,209
521 Alliance Data Systems 122,751
1,030 Alliant Energy 56,348
4,193 Allstate 242,614
2,953 Altera 89,847
18,928 Altria 768,127
3,455 Amazon.com 883,172
1,516 Amdocs 58,256
2,233 Ameren 84,843
1,472 American Airlines 65,022
3,569 American Capital Agency 64,172
4,490 American Electric Power 224,555
8,640 American Express 662,108
13,582 American International 626,578
7,744 American Realty Capital 57,724
15,549 American States Water 482,312
163,253 American Tower 13,291,787
74,182 American Water Works 3,256,652
1,797 Ameriprise Financial 195,744
2,127 Amerisourcebergen 157,953
2,258 Ametek 97,882
7,120 Amgen 934,144
2,970 Amphenol 131,633
4,616 Anadarko Petroleum 313,664
2,824 Analog Devices 129,140
8,794 Annaly Capital Management 78,299
815 ANSYS 55,045
515 Antero Resources 17,213
2,561 Anthem 265,086
3,680 Apache 189,956
55,011 Apple 5,001,330
11,053 Applied Materials 226,868
71,171 Aqua America 1,565,164
1,145 Arch Capital 55,736
23,827 Archer 10,646
6,054 Archer-Daniels-Midland 259,293
935 Arrow Electronics 44,582
1,629 Arthur J Gallagher & Co 63,169
725 Ashland 71,515
675 Assurant 38,045
48,707 AT&T 1,347,556
40,310 Atmos Energy 1,850,654
2,068 Autodesk 102,301
889 Autoliv 77,704
4,436 Automatic Data Processing 304,612
318 Autozone 162,159
1,198 Avalonbay Communities 161,223
894 Avery Dennison 38,202
1,280 Avnet 45,355
3,984 Avon Products 30,813
1,003 Axis Capital 42,207
961 B/E Aerospace 45,925
1,036 Babcock & Wilcox Co 25,855
4,077 Baker Hughes 188,285
1,343 Ball Corp 75,408
98,522 Bank of America 1,451,741
10,579 Bank of New York Mellon 353,505
4,987 Baxter International 301,044
6,488 BB&T 207,823
1,793 Becton Dickinson & Co 205,513
1,983 Bed Bath & Beyond 124,409
958 Bemis 35,673
9,795 Berkshire Hathaway 2,141,478
2,512 Best Buy 80,650
2,183 Biogen Idec 610,345
1,284 Biomarin Pharmaceutical 95,605
1,176 Blackrock 346,339
6,227 Boeing 666,655
2,115 Borgwarner 95,725
1,398 Boston Properties 148,183
12,368 Boston Scientific 134,977
15,576 Bristol-Myers Squibb 757,311
5,091 Broadcom 181,693
1,112 Broadridge Financial Solutions 42,296
1,129 Brown & Brown 30,603
1,188 Brown-Forman 85,952
1,374 Bunge 102,883
3,140 CA 78,752
1,732 Cablevision Systems 29,444
3,855 Cabot Oil & Gas 94,017
33,293 Catlin Group 286,810
2,954 California Resources 13,406
19,202 California Water Service 389,228
3,432 Calpine 62,557
1,907 Cameron International 78,457
1,680 Campbell Soup 60,885
4,803 Capital One Financial 326,569
3,148 Cardinal Health 209,322
1,951 Carefusion 95,357
2,073 Carmax 113,681
1,899 Catamaran 81,183
5,862 Caterpillar 441,931
2,587 CBRE 72,980
4,445 CBS 202,608
1,478 CDK Global 49,620
1,485 Celanese 73,339
7,582 Celgene 698,561
177,860 Centerpoint Energy 3,432,386
5,447 Centurylink 177,574
2,719 Cerner 144,807
535 CF Industries 120,096
1,400 CH Robinson Worldwide 86,357
10,028 Charles Schwab 249,358
656 Charter Communications 90,028
91,349 Cheniere Energy 5,296,903
6,145 Chesapeake Energy 99,051
17,780 Chevron 1,642,830
292 Chipotle Mexican Grill 164,630
2,325 Chubb 198,145
1,296 Church & Dwight 84,126
2,550 Cigna 216,144
809 Cimarex Energy 70,632
1,313 Cincinnati Financial 56,052
942 Cintas 60,860
47,609 Cisco Systems 1,090,721
1,863 CIT 73,394
28,372 Citigroup 1,264,483
1,717 Citrix Systems 90,227
435 City National 28,953
1,202 Clorox 103,171
2,911 CME 212,553
2,448 CMS Energy 70,067
2,596 Coach 80,311
3,074 Cobalt International Energy 22,509
38,940 Coca-Cola 1,354,128
2,396 Coca-Cola Enterprises 87,267
5,556 Cognizant Technology Solutions 240,984
854 Colfax 36,274
8,539 Colgate-Palmolive 486,627
23,874 Comcast 1,139,234
1,692 Comerica 65,277
888 Commerce Bancshares 31,820
1,367 Computer Sciences 70,990
3,894 Conagra Foods 116,361
1,106 Concho Resources 90,869
11,393 Conocophillips 648,053
2,113 Consol Energy 58,842
120,683 Consolidated Edison 6,561,473
1,453 Constellation Brands 117,487
836 Continental Resources 26,414
12,057 Corning 227,714
4,142 Costco Wholesale 483,592
200 Cousins Properties 1,881
724 CR Bard 99,360
4,660 Credicorp 614,808
1,032 Cree 27,387
137,584 Crown Castle International 8,918,426
9,381 CSX 279,939
1,733 Cummins 205,788
10,955 CVS Caremark 869,019
5,586 Danaher 394,346
1,203 Darden Restaurants 58,094
1,938 Davita Healthcare Partners 120,900
3,318 Deere & Co 241,779
1,910 Delta Air Lines 77,385
3,383 Denbury Resources 22,654
1,327 Dentsply International 58,224
3,730 Devon Energy 188,051
644 Diamond Offshore Drilling 19,472
1,199 Digital Realty Trust 65,475
6,155 Diligent Board Member Services 20,854
4,839 Directv 345,557
4,397 Discover Financial Services 237,179
4,204 Discovery Communications 117,569
1,913 Dish Network 114,849
2,777 Dollar General 161,711
1,917 Dollar Tree 111,126
5,317 Dominion Resources 336,774
1,585 Dover 93,630
11,129 Dow Chemical 418,082
3,211 Dr Horton 66,886
1,852 Dr Pepper Snapple 109,341
299 DST Systems 23,187
1,626 DTE Energy 115,672
6,500 Duke Energy 447,253
3,024 Duke Realty 50,313
357 Dun & Bradstreet 35,568
1,419 Eastman Chemical 88,663
10,671 Ebay 493,251
2,498 Ecolab 215,049
3,008 Edison International 162,230
1,012 Edwards Lifesciences 106,176
8,455 Ei Du Pont De Nemours & Co 514,919
2,717 Electronic Arts 105,214
9,598 Eli Lilly & Co 545,397
18,925 EMC 463,578
6,483 Emerson Electric 329,623
24,145 Enbridge Energy Management 771,423
582 Energizer 61,627
18,325 Enlink Midstream 536,724
1,647 Entergy 118,672
5,014 EOG Resouces 380,231
1,380 EQT 86,044
1,123 Equifax 74,802
474 Equinix 88,518
3,279 Equity Residential 194,023
558 Essex Property Trust 94,953
2,118 Estee Lauders 132,931
450 Everest Reinsurance Group 63,121
7,869 Exelon 240,328
957 Expedia 67,284
1,908 Expeditors International of Washington 70,106
6,962 Express Scripts Holding 485,522
39,758 Exxon Mobil 3,027,450
728 F5 Networks 78,230
18,943 Facebook 1,217,307
888 Family Dollar Stores 57,935
2,506 Fastenal 98,168
617 Federal Realty Investment Trust 67,824
2,492 Fedex 356,446
2,710 Fidelity National Information 138,837
8,156 Fifth Third Bancorp 136,874
648 First Solar 23,802
3,858 Firstenergy 123,897
2,405 Fiserv 140,584
632 Fleetcor Technologies 77,411
1,303 Flowserve 64,211
1,504 Fluor 75,107
1,234 FMC 57,965
2,194 FMC Technologies 84,645
2,540 FNF Group 72,072
1,384 Foot Locker 64,042
36,500 Ford Motor 465,983
1,539 Fortune Brands Home & Security 57,385
458 Fossil 41,775
3,826 Franklin Resources 174,488
9,543 Freeport-Mcmoran 183,613
9,117 Frontier Communications 50,087
1,089 Gamestop 30,317
2,115 Gannett 55,623
2,452 GAP 85,045
1,950,000 General Electric Capital Trust II 2,091,336
900,000 General Electric Capital Trust IV 928,782
93,597 General Electric 1,948,107
4,767 General Growth Properties 110,449
5,843 General Mills 256,657
12,013 General Motors 345,420
1,345 Gentex 40,025
1,441 Genuine Parts 126,487
4,553 Genworth Financial 31,876
14,237 Gilead Sciences 1,105,329
24,716 Golden Ocean 12,957
3,920 Goldman Sachs 625,825
5,293 Google 2,304,231
77,498 Gulf Keystone Petroleum 67,658
2,505 H&R Block 69,490
7,776 Halliburton 251,899
443 Halyard Health 16,591
845 Hanesbrands 77,686
2,043 Harley-Davidson 110,909
634 Harman International Industries 55,724
990 Harris 58,563
4,122 Hartford Financial Services 141,542
1,076 Hasbro 48,735
2,961 HCA 178,987
4,178 HCP 151,517
2,925 Healthcare Reit 182,304
941 Helmerich & Payne 52,255
802 Henry Schein 89,937
944 Herbalife 29,313
1,505 Hershey 128,832
4,175 Hertz Global Holdings 85,763
2,558 Hess 155,532
17,733 Hewlett-Packard 586,134
2,941 Hilton Worldwide Holdings 63,200
29,032 Hiscox 268,553
3,480 Hoegh Lng Holdings 31,656
1,861 Hollyfrontier 57,450
12,650 Home Depot 1,093,708
7,377 Honeywell International 607,124
1,269 Hormel Foods 54,456
1,525 Hospira 76,935
1,399 Hospitality Properties 35,721
6,825 Host Hotels & Resorts 133,622
4,029 Hudson City Bancorp 33,583
1,449 Humana 171,419
7,646 Huntington Bancshares 66,251
666 IAC 33,347
627 IHS 58,811
3,413 Illinois Tool Works 266,215
1,256 Illumina 190,950
1,178 Incyte 70,936
46,552 Intel 1,391,460
1,061 Intercontinental Exchange 191,637
9,303 International Business Machine 1,229,366
757 International Flavors & Fragrances 63,199
2,409 International Game Technology 34,227
4,090 International Paper 180,498
4,005 Interpublic 68,515
2,424 Intuit 184,061
355 Intuitive Surgical 154,661
62,497 ITC Holdings 2,081,174
4,097 Invesco 133,361
1,666 Iron Mountain 53,050
1,101,704 iShares Russell 2000 Index Fund 108,591,482
1,721 Jabil Circuit 30,944
1,212 Jacobs Engineering 44,613
865 JB Hunt Transport Services 60,025
934 JM Smucker 77,683
25,599 Johnson & Johnson 2,204,833
6,231 Johnson Controls 248,090
980 Joy Global 37,550
35,372 JPMorgan Chase & Co 1,823,227
4,670 Juniper Networks 85,853
1,015 Kansas City Southern Railway 102,018
2,278 Kellogg 122,784
1,238 Keurig Green Mountain 135,001
8,251 Keycorp 94,464
1,522 Keysight Technologies 42,334
3,544 Kimberly-Clark 337,265
3,745 Kimco Realty 77,547
700,649 Kinder Morgan 24,416,802
1,536 KLA-Tencor 88,964
481 KLX 16,325
1,864 Kohl’s 93,714
5,414 Kraft Foods 279,418
4,541 Kroger 240,159
1,990 L Brands 141,862
811 Laboratory Corporation of America 72,076
17,340 Laclede 759,812
1,502 LAM Research 98,154
3,825 Las Vegas Sands 183,232
1,005 Legg Mason 44,178
1,322 Leggett & Platt 46,397
1,496 Lennar 55,214
2,902 Leucadia National 53,589
2,544 Level 3 Communications 103,470
648 Liberty Broadband 26,638
131 Liberty Broadband RT 1,025
4,452 Liberty Interactive 107,881
2,592 Liberty Media 74,957
1,363 Liberty Property Trust 42,245
666 Liberty Tripadvisor 14,756
1,298 Liberty Ventures 40,327
2,445 Lincoln National 116,138
2,156 Linear Technology 80,977
1,010 LinkedIn 191,094
2,530 LKQ 58,598
2,837 Loews 98,189
3,399 Lorillard 176,207
9,314 Lowe’s 527,801
976 Lululemon Athletica 44,849
1,059 M&T Bank 109,572
1,302 Marcerich 89,449
3,490 Macy’s 189,002
733 Manpower 41,157
6,419 Marathon Oil 149,570
2,773 Marathon Petroleum 206,154
125 Markel 70,303
2,158 Marriott International 138,694
5,070 Marsh & McLennan 239,030
3,789 Marvell Technology Group 45,252
3,323 Masco 68,973
9,605 Mastercard 681,630
3,123 Mattel 79,599
2,651 Maxim Integrated Products 69,588
1,108 McCormick & Co 67,807
9,242 McDonald’s 713,265
2,503 McGraw Hills 183,442
2,191 McKesson 374,605
1,748 MDU Resources 33,834
1,889 Mead Johnson Nutrition 156,429
1,637 Meadwestvaco 59,852
9,184 Medtronic 546,153
27,231 Merck & Co 1,273,741
8,347 Metlife 371,872
3,409 MGM Resorts International 60,032
1880 Michael Kors Holdings 116,290
1,821 Microchip Technology 67,659
10,241 Micron Technology 295,311
69,356 Microsoft 2,653,477
567 Mohawk Industries 72,555
1,242 Molson Coors Brewing 76,232
16,135 Mondelez International 482,748
4,994 Monsanto 491,420
1,260 Monster Beverage 112,446
1,988 Moody’s 156,882
12,914 Morgan Stanley 412,703
3,103 Mosaic 116,672
2,270 Motorola Solutions 125,419
1,626 Murphy Oil 67,660
3,519 Mylan 163,385
2,505 Nabors Industries 26,781
4,054 National Oilwell Varco 218,811
4,025 Navient 71,642
1,534 NCR 36,818
3,140 Netapp 107,201
522 Netflix 146,875
16,956 New Jersey Resources 854,713
3,930 New York Community Bancorp 51,791
2,665 Newell Rubbermaid 83,609
1,250 Newfield Exploration 27,922
4,521 Newmont Mining 70,379
3,516 News 45,438
4,014 Nextera Energy 351,411
5,392 Nike 427,017
129,896 Nisource 4,538,496
3,290 Noble Energy 128,527
1,387 Nordstrom 90,696
2,849 Norfolk Southern 257,210
130,194 Northeast Utilities 5,739,217
2,227 Northern Trust 123,631
10,918 Northwest Natural Gas 448,734
18,440 Northwestern 859,349
974 Now 20,642
2,989 NRG Energy 66,348
2,341 Nuance Communications 27,515
2,924 Nucor 118,130
5,029 Nvidia 83,050
44 NVR 46,219
7,386 Occidental Petroleum 490,392
942 Oceaneering International 45,630
5,354 Odfjell Drilling 7,875
2,238 Old Republic International 26,968
965 Omnicare 57,967
2,379 Omnicom 151,801
20,887 One Gas 709,136
86,015 Oneok 3,527,458
32,252 Oracle 1,194,607
993 O’Reilly Automotive 157,542
1,526 Owens-Illinois 33,924
3,252 Paccar 182,167
1,029 Pall 85,780
1,383 Parker Hannifin 146,889
501 Partnerre 47,096
791 Patterson 31,338
1,331 Patterson-UTI Energy 18,187
3,022 Paychex 114,921
2,479 Peabody Energy 15,804
2,932 People’s United Financial 36,659
103,128 Pepco 2,287,486
14,181 Pepsico 1,104,485
951 Petsmart 63,678
59,487 Pfizer 1,526,250
194,424 PG&E 8,525,767
14,739 Philip Morris International 988,791
5,392 Phillips 66 318,430
31,468 Piedmont Natural Gas 1,021,459
1,013 Pinnacle West Capital 56,995
1,319 Pioneer Natural Resources 161,711
1,627 Plum Creek Timber 57,342
5,043 PNC Financial Services 378,942
559 Polaris Industries 69,634
1,320 PPG Industries 251,312
6,211 PPL 185,854
2,726 Praxair 290,899
1,342 Precision Castparts 266,256
480 Priceline Group 450,787
2,727 Principal Financial Group 116,663
25,306 Procter & Gamble 1,898,627
5,132 Progressive 114,087
4,596 Prologis 162,891
4,272 Prudential Financial 318,298
4,691 Public Service Enterprise 159,999
1,324 Public Storage 201,583
2,896 PulteGroup 51,189
714 PVH 75,375
1,658 QEP Resources 27,613
15,775 Qualcomm 965,782
1,345 Quest Diagnostics 74,290
1,637 Questar 34,086
1,012 Rackspace 39,018
563 Ralph Lauren 85,862
1,509 Range Resources 66,433
1,177 Rayonier 27,086
1,911 Realty Income 75,096
1,754 Red Hat 99,886
857 Regency Centers 45,021
705 Regeneron Pharmaceuticals 238,223
12,680 Regions Financial 110,288
398 Renaissancere 31,870
2,768 Republic Services 91,765
2,918 Reynolds American 154,468
1,222 Robert Half International 58,760
1,284 Rockwell Automation 117,602
1,250 Rockwell Collins 86,978
910 Roper Industries 117,188
2,001 Ross Stores 155,353
484 Ryder System 37,015
3290 Safecharge International Group 11,193
2,222 Safeway 64,275
5,311 Salesforce.com 259,448
2,081 Sandisk 167,940
53,097 SBA Communications 4,843,937
1,162 Scana 57,808
12,174 Schlumberger 856,422
780 Scripps Networks Interactive 48,357
1,794 Sealed Air 62,696
1,202 SEI Investments 39,641
17,129 Semgroup 964,873
95,374 Sempra Energy 8,747,919
771 Sherwin-Williams 167,040
1,116 Sigma-Aldrich 126,179
654 Signet Jewelers 70,873
2,943 Simon Property 441,438
16,426 Sims Metal Management 133,256
28,440 Sirius Xm 81,987
1,560 Skyworks Solutions 93,425
889 SL Green Realty 87,150
4,025 SLM 33,782
8,539 Southern 345,400
11,786 Southern Copper 273,754
1,574 Southwest Airlines 54,865
18,684 Southwest Gas 951,205
3,235 Southwestern Energy 72,715
276,416 Spectra Energy 8,264,476
7,661 Sprint 26,187
427 SPX 30,218
2,685 St Jude Medical 143,815
1,435 Stanley Black & Decker 113,561
6,020 Staples 89,846
6,657 Starbucks 449,886
1,768 Starwood Hotels & Resorts 118,056
4,048 State Street 261,731
761 Stericycle 82,161
2,614 Stryker 203,096
4,951 Suntrust Banks 170,865
6,396 Symantec 135,153
1,243 Synchrony Financial 30,458
1,434 Synopsys 51,343
5,356 Sysco 175,092
2,288 T Rowe Price 161,805
11,854 Targa Resources 1,035,431
5,807 Target 363,075
1,995 TD Ameritrade 58,793
2,008 Teco Energy 33,888
1,512 Teradata 54,398
798 Tesla Motors 146,185
10,201 Texas Instruments 449,219
3,661 Thermo Fisher Scientific 377,800
3,452 Thomson Reuters 115,050
1,083 Tiffany & Co 95,321
2,603 Time Warner Cable 326,013
8,129 Time Warner 571,929
6,633 TJX 374,674
2,387 T-Mobile 52,966
1,493 Toll Brothers 42,142
1,194 Torchmark 53,273
1,489 Total System Services 41,649
652 Towers Watson 60,775
982 Tractor Supply 63,752
445 TransDigm Group 71,968
3,355 Travelers 292,502
2,378 Trimble Navigation 51,983
934 Tripadvisor 57,436
1,065 TRW Automotive Holdings 90,219
16,997 Twenty-First Century Fox 532,655
3,962 Twitter 117,055
2,857 Tyson Foods 94,339
22,714 UIL 814,568
1,479 Under Armour 82,715
8,423 Union Pacific 826,482
846 United Continental 46,610
6,589 United Parcel Service 603,327
716 United Rentals 60,159
1,327 United States Steel 29,227
8,528 United Technologies 807,775
9,256 Unitedhealth 770,685
849 Universal Health Services 77,802
2,437 UNUM 70,013
1,012 Urban Outfitters 29,282
17,014 US Bancorp 629,915
5,028 Valero Energy 204,996
997 Varian Medical Systems 71,041
2,717 Ventas 160,455
1,268 Verisign 59,531
1,303 Verisk Analytics 68,740
38,710 Verizon communications 1,491,519
2,151 Vertex Pharmaceuticals 210,476
3,190 VF 196,797
3,639 Viacom 225,545
4,667 Visa 1,007,897
688 VMware 46,762
1,550 Vornado Realty Trust 150,276
1,578 Voya Financial 55,082
6,203 Vostok Nafta Investment 25,095
1,195 Vulcan Materials 64,696
8,311 Walgreens Boots Alliance 521,619
15,167 Wal-Mart Stores 1,072,846
16,168 Walt Disney 1,254,315
4,296 Waste Management 181,592
756 Waters 70,189
1,016 Weingarten Realty Investors 29,222
48,964 Wells Fargo & Co 2,210,861
2,077 Western Digital 189,378
5,140 Western Union 75,824
370 Westlake Chemical 18,617
4,650 Weyerhaeuser 137,459
20,864 WGL 938,631
736 Whirlpool 117,447
989 Whiting Petroleum 26,882
3,123 Whole Foods Market 129,694
277,788 Williams 10,282,343
5,424 Windstream 36,812
2,104 Wisconsin Energy 91,397
764 Workday 51,355
1,836 WPX Energy 17,587
1,023 WR Berkeley 43,192
560 WW Grainger 117,567
1,206 Wyndham Worldwide 85,188
752 Wynn Resorts 92,140
4,586 Xcel Energy 135,680
11,278 Xerox 128,748
2,460 Xilinx 87,714
1,718 Xylem 53,871
8,347 Yahoo! 347,259
4,141 Yum! Brands 248,474
1,559 Zimmer 145,640
1,702 Zions Bancorporation 39,967
4,609 Zoetis 163,352
394,368,629
% of Total Investments 1.81%
Quoted Securities – Equities – Japan
Total Japanese Equities   5,977,437
  % of Total Investments 0.03%
Japan    
Holding Security Description Market Value €
29,166 Japan Airport Terminal 960,954
206,000 Toho Gas 839,716
930,213 Tokyo Gas 4,176,767
Total Japanese Equities   5,977,437
     
  % of Total Investments 0.03%
Quoted Securities – Equities – Asia Pacific
Total Asia Pacific Equities   69,971,663
  % of Total Investments 0.32%
Australia    
Holding Security Description Market Value €
29,804 Abacus Property Group 59,692
41,051 Adelaide Brighton 98,828
10,331 Ainsworth Game Technology 16,442
17,853 Amcom Telecomunications 35,275
13,686 Ansell 207,842
447,614 Apa Group 2,248,786
61,936 APN News & Media 34,875
5,894 ARB 45,192
36,899 Ardent Leisure Group 72,658
47,798 Aristocrat Leisure 211,447
248,656 Arrium 36,052
38,024 Asaleo Care 42,565
5,441 Astro Japan Property Group 18,639
75,009 Atlas Iron 8,346
663,862 Ausnet Services 595,412
33,680 Australian Agricultural Co 33,614
19,344 Automotive Holdings Group 49,700
34,500 Aveo Group 50,253
44,986 Awe 38,982
10,660 BC Iron 3,810
116,034 Beach Energy 81,769
10,302 Bega Cheese 35,778
53,021 Billabong International 23,956
51,183 Bluescope Steel 193,632
15,522 Bradken 49,510
7,777 Breville Group 33,879
6,397 BT Investment Management 28,946
43,557 BWP Trust 81,950
10,392 Cabcharge Australia 32,026
13,945 Cardno 32,161
19,094 Carsales.com 134,169
23,102 Cash Converters International 15,657
4,934 Cedar Woods 19,964
51,279 Challenger 225,809
22,890 Charter Hall Group 69,771
28,389 Charter Hall Retail Reit 78,874
27,000 Civmec 11,602
3,534 Corporate Travel Management 23,236
25,517 Cover-More Group 32,780
3,543 Credit Corp Group 23,343
118,827 Cromwell Property Group 82,535
46,465 CSR 122,202
12,195 Cudeco 16,036
11,535 Decmil Group 11,396
15,828 Dick Smith Holdings 22,308
5,911 Domino’s Pizza Enterprises 100,450
39,832 Downer Edi 126,783
35,142 Drillsearch Energy 19,196
681,663 Duet Group 1,107,835
34,626 Duluxgroup 135,431
69,989 Echo Entertainment Group 178,878
16,461 Energy Resources of Australia 14,431
63,490 Energy World 12,630
10,675 ERM Power 15,261
41,920 Evolution Mining 18,233
183,546 Fairfax Media 108,303
21,904 Flexigroup 44,313
27,856 G8 Education 78,333
20,478 Genworth Mortgage Insurance 50,266
45,579 GDI Property Group 26,433
161,312 Goodman Fielder 69,620
16,792 Graincorp 93,421
8,048 Greencross 43,363
6,443 GUD Holdings 31,457
19,635 GWA Group 39,458
19,201 Hills 15,279
94,058 Horizon Oil 10,149
12,894 Inet 68,431
10,631 IMF Bentham 15,127
22,128 Independence Group 66,105
9,533 Invocare 77,786
22,352 Ioof Holdings 134,151
12,383 Iress 89,434
13,506 Isentia Group 25,229
51,106 Investa Office Fund 125,447
2,423 Jacana Minerals 0
21,310 Japara Healthcare 29,603
9,189 JB Hi-Fi 97,845
19,484 Karoon Gas Australia 32,059
33,226 Liquefied Natural Gas 54,223
419,748 Lynas 19,248
13,086 M2 Group 71,744
13,023 MACA 7,465
187,833 Macquarie Atlas Roads 405,331
9,181 Magellan Financial Group 102,156
12,355 Mantra Group 24,162
41,220 Mayne Pharma Group 18,068
4,793 McMillan Shakespeare 34,003
14,463 Mesoblast 42,816
25,998 Metals X 13,763
13,477 Mineral Resources 68,889
31,429 MMA Offshore 26,281
7,516 Monadelphous Group 47,593
59,768 Mount Gibson Iron 9,875
365 Multiplex Sites Trust 21,783
53,672 Myer Holdings 50,672
3,442 Mysale Group 3,668
20,099 Navitas 68,854
16,172 Nextdc 20,503
41,950 Nine Entertainment Holdings 54,032
47,759 Northern Star Resources 47,988
15,613 Nufarm Australia 49,906
110,834 Orora 145,746
27,812 OZ Minerals 65,268
20,344 Ozforex Group 38,825
83,728 Pacific Brands 30,490
15,745 Pact Group Holdings 46,187
119,127 Paladin Energy 28,920
45,312 Panaust 43,237
3,981 Perpetual 124,297
18,634 Platinum Asset Management 90,977
7,793 Premier Investments 51,764
42,470 Primary Health Care 134,894
10,275 Programmed Maintenance 17,808
59,041 Qube Holdings 96,749
11,661 RCR Tomlinson 17,300
28,615 Recall Holdings 138,743
29,508 Regis Resources 38,405
11,994 Retail Food Group 46,588
19,190 Sai Global 51,763
8,446 Sandfire Resources 25,915
83,306 Senex Energy 17,977
59,630 Seven West Media 54,286
7,082 SG Fleet Group 10,029
58,990 Shopping Centres Australasia 73,792
103,085 Sigma Pharmaceuticals 51,442
24,246 Sirius Resources 41,857
4,966 Sirtex Medical 95,007
14,979 Skilled Group 15,051
15,459 Slater & Gordon 66,719
48,499 Southern Cross Media Group 36,794
660,991 Spark Infrastructure Group 949,431
49,430 Spotless Group Holdings 63,667
45,929 Steadfast Group 48,007
31,279 STW Communications Group 20,566
39,714 Sundance Energy Australia 14,060
12,660 Super Retail Group 61,042
431,902 Sydney Airport 1,371,811
8,077 Syrah Resources 17,375
14,168 Tassal 37,357
19,457 Technology One 41,987
154,145 Ten Network Holdings 23,388
23,430 TFS 24,569
12,100 Thorn Group 25,377
11,464 Tox Free Solutions 18,399
42,301 Transfield Services 46,782
145,076 Transpacific Industries Group 84,136
764,030 Transurban Group 4,420,647
15,270 UGL 22,551
23,941 UXC 11,947
60,636 Veda Group 93,638
7,116 Village Roadshow 28,936
111,406 Virgin Australia Holdings 31,553
7,265 Virtus Health 38,459
12,492 Vocation 1,895
7,078 Vocus Communications 30,548
17,666 Western Areas 44,674
28,287 Western Desert Resources 2,766
65,844 Whitehaven Coal 62,163
    19,090,026
     
  % of Total Investments 0.09%
Hong Kong    
Holding Security Description Market Value €
150,000 Alibaba Health Information 81,077
245,500 Beijing Enterprise H 1,585,048
2,108,000 Beijing Enterprises Water Group 1,184,169
297,000 Belle International 275,018
118,800 Bonjour Holdings 10,723
241,000 Brightoil Petroleum Holdings 50,416
190,000 Brilliance China Automated 251,396
32,000 Cafe De Coral Holdings 91,409
212,000 Century City International 12,607
172,000 Chaoda Modern Agriculture 20,091
206,000 Champion Reit 78,751
136,500 China Agri-Industries 46,384
210,963 China Everbright International 258,523
48,000 China Everbright 94,399
290,000 China Financial International 24,636
1,082,000 China Gas Holdings 1,404,061
300,000 China LNG Group 47,786
814,634 China Merchants 2,257,826
428,269 China Mobile 4,115,785
276,000 China Overseas Land & Investment 675,565
776,000 China Public Procurement 14,091
130,720 China Resources Cement 69,684
93,149 China Resources Enterprise 160,639
401,953 China Resources Gas Group 860,078
142,000 China Resources Land 308,368
145,493 China Resources Power 309,001
164,139 China South City Holdings 61,702
153,100 China State Construction 177,210
92,272 China Taiping Insurance 217,526
355,332 China Unicom (Hong Kong) 392,424
27,000 Chow Sang Sang Holdings International 58,633
154,000 Citic Pacific 216,192
120,000 Citic Telecom International 37,082
258,000 CK Life Sciences International 21,644
108,980 Cosco Pacific 127,531
510,000 CSI Properties 16,789
38,528 DAH Sing Banking Group 50,896
13,560 DAH Sing Financial Holdings 65,158
28,000 Dickson Concepts International 11,418
85,000 Dorsett Hospitality International 12,005
45,000 Emperor Entertainment Hotel 8,936
98,000 Emperor International 17,587
300,000 Emperor Watch & Jewellery 12,265
169,200 Esprit Holdings 166,738
79,000 Far East Consortium International 25,251
148,000 Far East Horizon 120,229
250,000 Franshion Properties China 58,936
56,000 GCL New Energy 4,757
737,975 GCL-Poly Energy 141,059
108,000 Giordano International 39,452
528,000 Global Brands Group 85,225
23,000 Great Eagle 61,670
2,043,000 G-Resources Group 39,918
170,000 Guangdong Investment 182,330
78,000 Guotai Junan International 48,869
73,000 Haier Electronics 143,101
48,000 Haitong International Securities 25,180
689,100 Hanergy Thin Film Power Group 205,625
2,584,837 Hong Kong & China Gas 4,874,876
43,000 Hong Kong Televison Network 17,397
50,500 Hopewell Holdings 152,031
53,400 Hsin Chong Construction Group Ltd 57
178,000 Hsin Chong Construction Group 18,713
132,000 Hutchison Telecommunications 45,976
2,080,000 Hutchison Whampoa Europe 2,109,640
84,000 IRC 4,638
42,000 IT 9,990
32,750 Johnson Electric Holdings 99,290
99,156 K Wah International Holdings 43,276
53,000 Kerry Logistics Network 69,226
40,800 Kingboard Chemical 56,757
29,000 Kowloon Development 27,962
242,298 Kunlun Energy Company 188,600
874,000 Lai Sun Development 16,335
88,000 Langham Hospitality Investment 31,399
108,000 Lee & Man Paper 49,774
8,000 Liu Chong Hing Investment 8,325
29,000 Luk Fook Holdings International 89,769
248,000 Lung Cheong International Holdings 23,702
28,400 Man Wah Holdings 38,542
140,000 Mei Ah Entertainment Group 7,879
78,000 Melco International Development 141,637
60,000 Midland Holdings 25,104
149,311 New World China Land 72,935
90,000 Newocean Energy Holdings 28,480
91,000 Nine Dragons Paper 65,711
20,000 Orient Overseas International 96,315
159,000 Pacific Basin Shipping 52,848
47,000 Pacific Textiles 51,307
36,000 Paradise Entertainment 12,119
44,000 Playmates 8,177
125,000 Polytec Asset Holdings 14,601
97,000 Prosperity Reit 27,193
36,000 Regal Hotels 19,573
85,000 Regal Real Estate Investment 18,504
92,000 SA SA International Holdings 53,049
115,000 Samson Holding 13,189
49,000 Shanghai Industrial 120,978
90,000 Shimao Property 165,722
136,000 Shun Tak Holdings 51,847
130,000 Singamas Container 17,808
184,000 Sino Biopharmaceutical 137,360
107,000 Sitc International Holdings 48,177
28,000 Sitoy Group Holdings 18,673
33,000 Smartone Telecommunications 45,556
24,000 Socam Development 15,801
10,000 Soundwill Holdings 12,977
43,500 Stella International Holdings 94,696
56,000 Summit Ascent Holdings 22,419
51,000 Sun Hung Kai & Co 32,061
92,000 Sunlight Real Estate Investment 34,193
62,000 Sunevision 15,933
30,000 Television Broadcast 143,836
62,000 Texwinca Holdings 44,112
122,000 Tom Group 19,822
258,000 Town Health International 33,425
356,000 Towngas China 297,139
86,000 Trinity 13,333
130,000 Truly International Holdings 42,933
38,000 Tsui Wah Holdings 11,097
44,000 United Laboratories International 21,166
232,000 United Photovoltaics Group 25,375
72,000 Value Partners Group 49,850
66,000 VST 17,732
15,000 Vtech Holdings 177,126
178,000 Xinyi Glass Holdings 73,907
369,740 Yuexiu Property 58,502
24,000 Yunbo Digital Synergy Group 9,583
    27,698,905
     
  % of Total Investments 0.13%
     
Macau    
Holding Security Description Market Value €
144,000 Macau Legend Development 44,498
    44,498
     
  % of Total Investments 0.00%
New Zealand    
Holding Security Description Market Value €
35,070 A2 Milk 13,102
45,616 Air New Zealand 72,574
64,999 Argosy Property 45,217
365,958 Auckland International Airport 997,103
35,741 Chorus 61,237
50,314 Fisher & Paykel Healthcare 202,552
13,387 Freightways 50,013
45,006 Genesis Energy 62,907
45,772 Infratil 88,448
18,413 Kathmandu Holdings 25,618
10,605 Metlifecare 32,105
18,088 Nuplex Industries 34,720
35,158 Sky Network Television 136,782
53,332 Skycity Entertainment Group 133,287
19,748 Summerset Gorup Holdings 35,235
6,013 Synlait Milk 12,394
36,332 Trade Me Group 85,418
8,922 Warehouse Group 17,930
5,754 Xero 59,856
21,861 Z Energy 65,196
    2,231,694
     
  % of Total Investments 0.01%
     
Singapore    
Holding Security Description Market Value €
74,000 Accordia Golf Trust 34,562
49,000 Aims Amp Capital Industrial 43,178
43,000 ARA Asset Management 45,522
70,000 Ascendas Hospitality Trust 29,643
63,000 Ascendas India Trust 32,171
90,000 Ascott Residence Trust 71,179
131,000 Asian Pay Television Trust 70,158
2,285 Avago Technologies 189,316
80,000 Biosensors International Group 29,144
21,000 Boustead Singapore 23,409
6,688 BW LPG 38,758
64,000 Cache Logistics Trust 46,232
106,000 Cambridge Industrial Trust 44,887
11,092 Cape Plc 34,249
47,000 Capitaland 47,269
58,000 CDL Hospitality Trusts 62,847
269,000 Charisma Energy Services 4,523
40,000 Chip Eng Seng 21,049
91,000 Cosco Corporation Singapore 31,735
18,000 CWT 17,935
30,000 Dyna-Mac Holdings 6,072
112,800 Ezion Holdings 78,675
65,520 Ezra Holdings 21,421
80,000 Far East Hospitality Trust 40,603
145,100 Fibra Uno Administracion SA DE 353,088
45,765 First Real Estate Investment 35,767
51,000 First Resources 59,391
5,686 Flextronics International 52,359
45,000 Frasers Centrepoint Trust 53,104
45,673 Frasers Commercial Trust 40,246
17,000 Frasers Hospitality Trust 9,422
264,000 GMG Global 10,193
94,873 Goodman Property Trust 69,665
171,813 Growthpoint Properties 336,519
314,000 GSH Coproration 15,057
43,000 Guocoleisure 23,966
19,000 Ho Bee Land 23,073
30,000 Hong Fok 15,413
16,000 Hong Leong Asia 12,953
2,169,800 Hutchison Port Trust 1,233,146
47,000 Hyflux 24,732
49,000 IGG 14,361
38,000 Indofood Agri Resources 17,157
617,189 iShares MSCI India 15,296,283
23,000 Japfa 7,878
64,000 K1 Ventures 7,453
153,000 Keppel 116,241
79,030 Kiwi Property Group 63,122
21,000 Krisenergy 8,239
146,000 Lippo Malls Indonesia Retail 30,913
114,000 Mapletree Commercial Trust 100,100
171,000 Mapletree Greater China 101,165
98,000 Mapletree Industrial Trust 90,628
134,000 Mapletree Logistics Trust 98,885
34,000 M1 Singapore 76,435
87,000 Midas Holdings 13,545
81,000 Neptune Orient Lines 42,371
20,000 Osim International 24,661
23,000 OUE 29,219
70,000 Oue Hospitality Trust 39,451
24,000 Pacc Offshore Services Holdings 8,145
16,000 Pacific Radiance 7,871
33,000 Parkway Life Real Estate 48,910
51,000 Perennial China Retail Trust 16,356
82,127 Precinct Properties New Zealand 62,951
15,000 QAF 9,014
74,000 Raffles Education 15,438
22,000 Raffles Medical Group 53,294
3,034 Rec Solar ASA 34,226
50,000 Religare Health Trust 31,137
64,000 Rex International Holdings 15,145
33,000 Rotary Engineering 11,919
78,000 Rowsley 9,423
53,000 Sabana Shari’ah Compliant 31,025
62,000 Sats 117,761
36,000 Sheng Siong Group 15,469
60,000 Silverlake Axis 46,893
133,000 Singapore Post 159,024
95,500 Singhaiyi Group 8,623
69,000 Smart Corporation 67,891
55,000 Soilbuild Business Space Reit 27,058
124,000 Starhill Global Reit 61,776
39,000 Stats Chippac 11,658
40,000 Super Group Singapore 28,522
24,000 Tat Hong Holdings 11,209
44,200 Tiger Airways Holding 1,349
52,000 Tiger Airways Holdings 8,581
31,000 Tuan Sing Holdings 7,625
37,000 United Engineers 67,281
41,000 United Envirotech 41,107
24,000 Venture Corporation 117,624
31,000 Wheelock Properties Singapore 33,977
36,000 Wing Tai Holdings 36,655
54,000 Yanlord Land Group 34,973
79,000 Ying Li International Real Estate 12,053
58,000 Yoma Strategic Holdings 23,839
    20,906,541
     
  % of Total Investments 0.10%
QUOTED SECURITIES – EQUITIES – EMERGING MARKETS
Total Emerging Markets Equities   193,425,622
  % of Total Investments 0.89%
Brazil    
Holding Security Description Market Value €
6,900 Aes Tiete (Preference) 38,820
337,272 Ambev 1,712,173
192,524 Banco Bradesco 2,086,203
59,323 Banco do Brasil 437,826
10,123 Banco do Estado do Rio Grande (Preference) 45,575
45,119 BB Seguridade Participacoes 450,532
126,219 BM&F Bovespa 386,021
27,040 BR Malls Participacoes 137,941
13,800 Bradespar (Preference) 61,272
8,700 Braskem (Preference) 47,272
47,687 BRF – Brasil Foods 939,319
60,300 CCR 288,516
35,300 Centrais Eletricas Brasileiras (Preference) 73,324
10,832 Cetip – Mercados 108,296
10,685 Cia Brasileira de Distribuicao 327,215
20,673 Cia de Saneamento Basico 109,184
137,279 Cia de Saneamento Basico ADR 711,214
47,673 Cia de Saneamento Minas Gerais 194,499
9,583 Cia Energetica de Sao Paulo 79,772
8,700 Cia Paranaense de Energia (Preference) 96,976
44,900 Cia Siderurgica Nacional 77,791
47,922 Cielo 620,023
6,842 Cosan Industria e Comercio 61,288
11,600 CPFL Energia 66,595
17,000 Cyrela Brazil Real 58,379
20,824 Duratex 51,919
11,147 Ecorodovias Infraestrutura e Logistica 36,895
24,300 EDP – Energias Do Brasil 67,678
45,401 Embraer 344,522
16,500 Estacio Participacoes 122,032
15,901 Fibria Celulose 160,506
56,300 Gerdau 167,465
28,822 Hypermarcas 149,001
117 Hypermarcas WTS 0
197,261 Itau Unibanco 2,119,176
233,404 Itausa – Investimentos 680,493
50,519 JBS 175,680
27,000 Klabin (Preference) 121,474
99,208 Kroton Educacional 477,450
6,391 Localiza Rent A Car 70,861
46,742 Lojas Americanas (Preference) 226,756
7,100 Lojas Renner 168,577
3,264 M Dias Branco 92,223
16,000 Metalurgica Gerdau 56,137
4,578 Multiplan Empreendimentos Imobiliários 67,433
10,400 Natura Cosmeticos 102,847
17,667 Odontoprev 54,087
19,111 OI (Preference) 51,090
515,380 Petroleo Brasileiro (Preference) 1,574,769
6,343 Porto Seguro 59,871
18,489 Qualicorp 159,591
10,714 Raia Drogasil 84,329
26,700 Souza Cruz 160,165
9,265 Sul America 37,138
28,974 Suzano Papel E Celulose 101,207
20,144 Telefonica Brasil (Preference) 293,025
64,711 Tim Participacoes 236,686
6,120 Totvs 66,507
13,539 Tractebel Energia 142,213
10,574 Transmissora Alianca De Energia 61,854
21,600 Ultrapar Participacoes 345,055
27,700 Usinas Siderurgicas de Minas (Preference) 43,433
229,530 Vale 1,448,722
23,172 Weg 220,158
    19,815,051
     
  % of Total Investments 0.09%
     
Chile    
Holding Security Description Market Value €
172,449 Aes Gener 75,748
144,281 Aguas Andinas 69,026
1,126,678 Banco de Chile 107,893
1,815 Banco Credito Inversiones 74,012
4,638,723 Banco Santander 191,596
4,337 CAP 15,841
68,067 Cencosud 140,357
8,844 Cervecerias Unidas 69,140
390,881 Colbun 86,004
11,634,458 Corpbanca 115,470
16,158 Embotelladora Andina 37,781
250,901 Empresa Nacional De Electricidad 314,857
75,121 Empresas CMPC 155,353
34,307 Empresas Copec 319,977
1,496,398 Enersis 405,034
5,884 Entel Chile 48,851
19,827 Latam Airlines Group 190,737
5,228 Latam Airlines Group ADR 51,587
92,078 Saci Falabella 510,523
6,422 Quimica y Minera 128,935
33,208 Vina Concha y Toro 53,666
    3,162,388
     
  % of Total Investments 0.01%
     
China    
Holding Security Description Market Value €
45,500 AAA Technologies 200,757
1,580,694 Agricultural Bank of China 657,993
150,000 Air China 99,873
228,000 Aluminum Corporation of China ‘H’ 86,919
88,000 Anhui Conch Cement 271,466
59,700 Anta Sports Products 86,853
108,000 AviChina 54,935
5,518,342 Bank of China 2,560,811
659,174 Bank of Communications 506,788
59,500 BBMG Corporation 41,006
736,000 Beijing Capital International Airport 486,915
44,000 BYD ‘H’ 141,807
637,429 China Citic Bank Corporation 421,027
300,000 China Coal Energy 154,826
303,000 China Communications Construction H 300,201
146,400 China Communications Services 56,589
5,126,629 China Construction Bank 3,467,838
147,000 China Cosco Holdings 59,787
109,770 China Galaxy Securities 113,419
286,000 China Hongxing Sports 20,482
48,114 China International Marine Containers 87,982
534,446 China Life Insurance 1,728,138
168,002 China Longyuan Power Group 143,971
74,259 China Medical System Holdings 101,094
102,976 China Mengniu Dairy 349,924
311,110 China Merchants 642,901
262,000 China Milk Products Group 78,293
437,400 China Minsheng Banking Corporation 473,769
176,000 China National Building Materials 140,920
138,527 China Oilfield Services H 198,001
193,843 China Pacific Insurance 811,024
1,836,071 China Petroleum and Chemical 1,218,588
103,000 China Railway Construction 108,064
226,000 China Railway Group 153,115
226,000 China Shenhua Energy 550,780
231,000 China Shipping Container Lines 60,099
279,000 China Sky Chemical Fibre 17,722
936,000 China Telecom 451,252
134,400 Chongqing Rural Commercial 68,934
87,757 Citic Securities 272,115
1,276,754 Cnooc 1,415,452
402,875 Country Garden 132,623
107,500 CSR 119,178
214,000 Datang International Power 94,763
210,527 Dongfeng Motor Group 245,470
362,000 ENN Energy 1,691,409
534,467 Evergrande Real Estate Group 178,212
237,000 Fih Mobile 87,834
109,800 Fosun International 118,463
440,339 Geely Automobile Holdings 115,497
607,000 GOME Electrical 73,482
81,250 Great Wall Motor Company 380,495
126,000 Guangzhou Automobile Group 94,463
66,000 Guangzhou R&F Properties 66,512
35,953 Haitian International Holdings 62,461
110,000 Haitong Securities 228,013
50,500 Hengan International Group 434,642
62,000 Hilong Holdings 11,917
85,720 Huadin Power International 61,898
208,000 Huaneng Power International H 231,479
5,255,709 Industrial & Commercial Bank 3,158,895
56,600 Intime Retail Group 33,778
700,000 Jiangsu Expressway 688,330
81,000 Jiangxi Copper H 114,399
459,102 Lenovo Group 497,275
106,900 Longfor Properties 113,405
57,000 New China Life Insurance 236,970
402,316 People’s Insurance 155,082
1,515,305 Petrochina 1,383,840
236,898 PiCC Property & Casualty 379,359
164,948 Ping An Insurance 1,385,514
1,419,503 Semiconductor Manufacturing 107,024
96,000 Shandong Electric Group 63,817
192,000 Shanghai Electric Group 84,205
60,400 Shanghai Pharmaceuticals Holding 112,244
33,000 Shenzhou International Group 89,710
251,333 Shui On Land 48,841
349,468 Sihuan Pharmaceutical Holdings 192,603
278,511 Sino-Ocean Land Holdings 130,427
90,517 Sinopec Engineering Group 50,367
240,000 Sinopec Shanghai Petrochemical 57,853
79,641 Sinopharm Group 232,149
124,580 Sinotrans 68,395
114,500 Soho China 66,631
62,000 SPT Energy Group 9,415
149,500 Sun Art Retail Group 122,400
362,825 Tencent 4,334,481
136,000 Tingyi Cayman 255,912
28,460 Tsingtao Brewery 158,967
81,600 Uni-President China 61,869
410,900 Want Want China 445,938
31,200 Weichai Power 108,340
118,000 Yanzhou Coal Mining 82,326
674,000 Zhejiang Expressway H 644,870
30,200 Zhuzhou CSR Times Electric 145,115
345,000 Zijin Mining Group 80,599
33,600 ZTE 60,085
    39,252,671
     
  % of Total Investments 0.18%
     
Colombia    
Holding Security Description Market Value €
16,241 Almacenes Exito 164,913
5,516 Banco Davivienda (Preference) 53,900
22,380 Bancolombia 222,890
34,980 Cementos Argos 124,073
4,866 Corporacion Financiera Colombiana 67,617
363,798 Ecopetrol 263,137
28,870 Grupo Argos (Preference) 203,849
96,454 Grupo Aval Acciones y Valores (Preference) 42,933
24,804 Grupo de Inversiones Suramericana 343,532
22,059 Interconexion Electrica 66,200
51,293 Isaen 52,886
3,000 Pacific Rubiales Energy 15,338
    1,621,268
     
  % of Total Investments 0.01%
     
Cyprus    
Holding Security Description Market Value €
9,253 Deep Sea Supply 5,413
21,691 Prosafe 55,175
28,333 Songa Offshore 4,638
    65,226
     
  % of Total Investments 0.00%
     
Czech Republic    
Holding Security Description Market Value €
10,587 CEZ 225,596
1,060 Komercni Banka 181,157
7,710 O2 Czech Republic 64,771
    471,524
     
  % of Total Investments 0.00%
     
Egypt    
Holding Security Description Market Value €
48,609 Commercial International Bank (Egypt) 276,364
145,820 Global Telecom 68,596
64,045 Talaat Moustafa Group 72,988
23,350 Telecom Egypt 32,170
    450,118
     
  % of Total Investments 0.00%
     
Hungary    
Holding Security Description Market Value €
2,534 Mol Hungarian Oil & Gas Plc 92,714
16,344 OTP Bank 197,398
8,644 Richter Gedeon 96,839
    386,951
     
  % of Total Investments 0.00%
     
India    
Holding Security Description Market Value €
8,539 Vedanta Resources 62,982
553,980 Zee Entertainment Enterprises 6,282
    69,264
     
  % of Total Investments 0.00%
     
Indonesia    
Holding Security Description Market Value €
855,500 Adaro Energy 59,015
26,500 Astra Agro Lestari 42,625
1,476,593 Astra International 727,222
905,616 Bank Central Asia 788,412
187,770 Bank Danamon 56,358
624,978 Bank Mandiri 446,675
564,761 Bank Negara Indonesia Persero 228,510
824,771 Bank Rakyat Indonesia Persero 637,337
434,000 Bumi Serpong Damai 51,961
30,000 Bumitama Agri 19,523
491,500 Charoen Pokphand Indonesia 123,233
433,000 Global Mediacom 40,927
35,000 Gudang Garam 140,918
23,000 Indo Tambangraya Megah 23,456
89,000 Indocement Tunggal Prakarsa 147,584
116,318 Indofoods CBP Sukses Makmur 101,071
250,000 Indofoods Sukses 111,932
213,603 Jasa Marga Persero 99,886
1,520,000 Kalbe Farma 184,504
1,217,000 Lippo Karawaci 82,338
91,000 Matahari Department Store 90,540
260,500 Media Nusantara Citra 43,889
778,200 Perusahaan Gas Negara 309,708
179,500 Semen Indonesia Persero 192,881
454,699 Surya Citra Media 105,561
71,500 Tambang Batubara 59,282
3,377,500 Telekomunikasi Indonesia 641,845
110,500 Unilever Indonesia 236,742
117,545 United Tractors 135,274
206,100 Xl Axiata 66,508
    5,995,717
     
  % of Total Investments 0.03%
     
Liberia    
Holding Security Description Market Value €
1,432 Royal Caribbean Cruises 97,224
    97,224
     
  % of Total Investments 0.00%
     
Malaysia    
Holding Security Description Market Value €
84,900 AirAsia 54,371
63,500 Alliance Financial Group 70,268
105,000 AMMB 163,162
121,300 Astro Malaysia 86,535
195,196 Axiata Group 324,002
48,324 Berjaya Sports Toto 39,935
7,200 British American Tobacco Malaysia 110,357
102,600 Bumi Armada 26,331
392,400 CIMB 513,678
327,870 Dialog Group 115,792
213,464 Digi.com 310,096
68,700 Felda Global Ventures 35,261
91,500 Gamuda 107,931
135,000 Genting 281,932
231,199 Genting Malaysia 221,548
15,500 Genting Plantations 36,494
38,880 Hong Leong Bank 127,974
14,400 Hong Leong Finance 56,009
197,849 IHH Healthcare 224,527
90,200 IJM 139,527
202,800 IOI 229,190
101,400 IOI Properties Group 57,775
8,101 iProperty Group 14,641
28,100 Kuala Lumpur Kepong 150,844
23,200 Lafarge Malaysia 53,312
317,844 Malayan Banking 686,231
35,100 Malaysia Airports 56,196
172,463 Maxis 278,146
67,600 MISC 114,913
213,177 Petronas Chemicals 273,542
17,000 Petronas Dagangan 68,524
40,800 Petronas Gas 212,871
32,900 PPB 110,769
190,799 Public Bank 822,080
30,122 RHB Capital 54,041
242,900 Sapura Kencana Petroleum 132,679
201,233 Sime Darby 435,413
74,629 Telekom Malaysia 120,888
206,721 Tenaga Nasional 671,662
96,500 UEM 32,036
38,800 UMW 100,122
404,881 YTL 151,569
154,875 YTL Power International 53,967
    7,927,141
     
  % of Total Investments 0.04%
     
Mexico    
Holding Security Description Market Value €
209,693 ALFA 386,575
2,533,270 America Movil 2,325,155
1,700,000 America Movil Var RT 1,838,550
30,574 Arca Continental 159,715
850,695 Cemex 716,058
25,600 Coca Cola Femsa 181,442
25,000 Controladora Comercial Mexicana 73,008
11,500 El Puerto de Liverpool 95,158
57,333 Empresas Ica 232,335
140,231 Fomento Economico Mexicano 1,027,174
49,000 Genomma Lab Internacional SAB 76,950
68,300 Gentera 113,337
26,500 Grupo Aeroportuario del Pacifico 137,514
13,746 Grupo Aeroportuario del Pacifico ADR 715,548
13,000 Grupo Aeroportuario del Sureste 141,904
8,124 Grupo Aeroportuario del Sureste ADR 882,191
110,300 Grupo Bimbo 251,244
37,307 Grupo Carso 151,563
33,732 Grupo Comercial Chedraui 79,856
180,673 Grupo Financiero Banorte 821,062
176,285 Grupo Financiero Inbursa 375,698
140,922 Grupo Financiero Santander 243,231
254,413 Grupo Mexico 609,695
171,700 Grupo Televisa 966,611
8,265 Industrias Penoles 133,454
90,600 Kimberly Clark de Mexico 162,714
65,359 Mexichem 163,911
37,330 Minera Frisco 44,897
37,100 Ohl Mexico 56,788
16,500 Promotora y Operadora 163,810
385,501 Wal-Mart de Mexico 684,361
    14,011,509
     
  % of Total Investments 0.06%
Panama    
Holding Security Description Market Value €
3,827 Carnival 142,886
    142,886
     
  % of Total Investments 0.00%
     
Peru    
Holding Security Description Market Value €
11,551 Cia de Minas Buenaventura 90,954
16,803 Hochschild Mining 18,984
    109,938
     
  % of Total Investments 0.00%
     
Philippines    
Holding Security Description Market Value €
126,061 Aboitiz Equity Venture 122,041
122,332 Aboitiz Power 96,408
273,183 Alliance Global 113,165
11,088 Ayala 141,360
489,400 Ayala Land 302,976
87,459 Bank of The Philippine Islands 151,024
99,938 BDO Unibank 201,580
513,000 Energy Development 77,276
2,260 Globe Telecom 71,824
45,270 International Container Terminal Services 95,636
126,800 JG Summit 153,737
28,300 Jollibee Foods 111,773
1,157,800 Metro Pacific Investments 97,837
56,320 Metropolitan Bank & Trust 85,873
6,682 Philippine Long Distance Telephone 356,710
12,937 SM Investments 193,689
398,750 SM Prime 124,820
58,500 Universal Robina 210,633
    2,708,362
     
  % of Total Investments 0.01%
     
Poland    
Holding Security Description Market Value €
2,374 Alior Bank 43,322
2,234 Bank Handlowy w Warszawie 55,913
29,039 Bank Millennium 56,404
9,780 Bank Pekao 408,988
2,054 Bank Zachodni WBK 180,251
1,038 CCC 32,428
18,334 Cyfrowy Polsat 100,826
15,232 Enea 54,181
5,153 Eurocash 45,824
6,321 Grupa Lotos 38,336
10,641 KGHM Polska Miedz 271,055
63 LPP 106,660
1,019 MBank 118,755
42,968 Orange Polska 83,660
58,180 PGE Polska Grupa Energetyczna 257,189
25,498 Polski Koncern Naftowy Orlen 291,904
122,148 Polskie Gornictwo Naftowe i Gazowe 127,202
64,259 Powszechna Kasa Oszczednosci Bank Polski 537,747
3,823 Powszechny Zaklad Ubezpieczen 434,798
48,520 Synthos 46,667
94,260 Tauron Polska Energia 111,395
    3,403,505
     
  % of Total Investments 0.02%
     
Russia    
Holding Security Description Market Value €
418,165 Gazprom 1,600,385
36,567 Lukoil 1,192,815
20,688 Magnit 773,606
7,702 Megafon 87,417
45,262 MMC Norilsk Nickel 515,217
41,254 Mobile Telesystems 243,970
7,247 Novatek 467,972
74,526 Rosneft 216,124
13,519 Rostelecom 101,217
69,170 Rushydro 53,098
193,081 Sberbank of Russia 618,412
11,769 Severstal 88,212
10,360 Sistema 44,457
95,173 Surgutneftegas 346,141
15,841 Tatneft 319,664
16,532 Uralkali 152,162
156,685 VTB Bank 296,825
    7,117,694
     
  % of Total Investments 0.03%
     
South Africa    
Holding Security Description Market Value €
77,602 African Bank Investments 6
6,203 African Rainbow Minerals 52,593
3,991 Anglo American Platinum 96,999
29,168 Anglogold Ashanti 211,352
25,583 Aspen Pharmacare 740,041
3,117 Assore 33,235
26,465 Barclays Africa Group 343,180
12,282 Barloworld 83,780
21,285 Bidvest 460,844
23,794 Discovery 188,856
7,598 Exxaro 56,030
206,480 Firstrand 743,959
11,656 Foschini 110,653
46,785 Gold Fields 174,369
36,221 Impala Platinum 195,566
12,584 Imperial 165,870
23,686 Investec 164,541
4,879 Kumba Iron 83,395
6,847 Liberty 59,853
69,268 Life Healthcare 211,032
41,664 Lonmin 95,107
7,789 Massmart 79,248
23,221 Mediclinic International 166,523
64,302 MMI 137,443
33,462 Mondi 451,086
5,572 Mota-Engil Africa 39,884
14,800 Mr Price 247,804
121,004 MTN 1,908,865
37,014 Nampak 115,035
28,169 Naspers 3,040,862
13,175 Nedbank 233,737
60,845 Netcare 164,519
14,785 Pick’N Pay Stores 55,431
29,333 PPC 57,473
46,827 Rand Merchant Insurance 136,324
241,036 Redefine Properties 183,757
35,468 Remgro 641,847
13,334 Resilient Property Income Fund 79,793
46,827 RMB 214,662
131,736 Sanlam 657,023
32,577 Sappi 97,949
39,482 Sasol 1,212,453
28,907 Shoprite 346,506
9,699 SPAR 111,507
88,082 Standard Bank 900,444
113,420 Steinhoff 480,015
11,746 Telcom 58,582
12,644 Tiger Brands 331,575
26,269 Truworths 144,640
24,355 Tsogo Sun Holdings 50,323
28,636 Vodacom 262,034
70,911 Woolworths 389,535
    17,268,140
     
  % of Total Investments 0.08%
     
South Korea    
Holding Security Description Market Value €
195 Amorepacific Corporation 326,766
176 Amorepacific Group 132,585
15,181 BS Financial 166,157
4,438 Celltrion 130,145
6,450 Cheil Worldwide 83,741
846 CJ 99,620
550 CJ Cheiljedang 127,246
350 CJ Korea Express 51,781
4,184 Coway 265,922
1,620 Daelim Industrial 80,462
9,390 Daewoo Engineering 41,748
3,860 Daewoo International 91,634
10,993 Daewoo Securities 81,568
7,440 Daewoo Shipbuilding & Marine 104,737
1,519 Daum Kakao 141,718
1,460 DGB Financial RTS 1,918
6,990 DGB Financial 59,622
2,360 Dongbu Insurance 97,977
3,016 Doosan Heavy Industry 53,841
7,820 Doosan Infracore 57,375
1,572 E-Mart 240,879
3,227 Forhuman 27
2,791 GS Engineering & Construction 48,982
3,000 GS 90,580
3,700 Halla Visteon Climate Control 135,175
19,312 Hana Financial 466,473
4,899 Hankook Tire 194,880
5,100 Hanwha Chemical 45,426
11,880 Hanwha Life Insurance 74,340
3,220 Hite Jinro 56,510
1,036 Hotel Shilla 71,475
1,263 Hyosung 65,209
822 Hyundai Department Store 76,318
3,090 Hyundai Development Co-Engineering Construction 90,265
5,525 Hyundai Engineering & Construction 175,576
906 Hyundai Glovis 199,350
3,046 Hyundai Heavy Industries 264,410
3 Hyundai Hysco 165
4,390 Hyundai Marine & Fire Insurance 86,156
3,221 Hyundai Merchant Marine 24,313
611 Hyundai Mipo Dock 32,146
4,871 Hyundai Mobis 867,721
15,467 Hyundai Motor 1,844,409
5,977 Hyundai Steel 286,488
969 Hyundai Wia 128,732
17,158 Industrial Bank of Korea 182,615
7,550 Kangwon Land 173,249
26,386 KB Financial Group 719,998
320 KCC 125,604
1,109 Kepco Plant Service & Engineering 66,717
19,003 Kia Motors 750,194
2,560 Korea Aerospace Industries 76,908
18,010 Korea Electric Power 580,485
1,854 Korea Gas 69,343
2,120 Korea Investment 77,612
514 Korea Zinc 156,551
559 Korean Reinsurance 4,557
50 KT Corporation 1,179
7,665 KT Corporation ADR 89,144
7,703 KT&G 442,481
868 Kumho Petrochemical 52,809
7,093 LG 327,666
3,862 LG Chemical 512,245
15,940 LG Display 404,877
7,849 LG Electronics 350,148
639 LG Household & Health Care 300,496
680 LG Innotek 57,745
15,850 LG Uplus 137,587
1,056 Lotte Chemical 127,536
49 Lotte Confectionery 65,836
843 Lotte Shopping Center 173,716
976 LS 40,004
1,030 LS Industrial Systems 46,493
1,659 Mirae Asset Securities 53,785
1,965 Naver 1,056,069
1,064 NCSoft 146,172
6,384 NH Investment & Securities 49,393
1,302 Oci 77,247
209 Orion 160,126
4,674 Posco 971,986
1,170 S-1 62,880
9,221 Samsung C&T 428,058
2,416 Samsung Card 80,606
3,620 Samsung Electro Mechanics 149,467
9,116 Samsung Electronics 8,811,791
1,818 Samsung Engineering 52,010
2,601 Samsung Fire & Marine Insurance 554,637
11,330 Samsung Heavy Industries 170,617
4,474 Samsung Life Insurance 393,434
4,034 Samsung SDI 353,219
1,527 Samsung SDS 338,296
3,872 Samsung Securities 130,207
29,930 Shinhan Financial 1,004,218
447 Shinsegae 61,071
1,425 SK C&C 229,648
1,959 SK Holdings 241,770
38,080 SK Hynix 1,372,524
3,985 SK Innovation 255,981
5,940 SK Networks 40,084
10 SK Telecom 2,023
8,752 SK Telecom ADR 194,705
2,660 S-Oil 97,180
21,160 Woori Finance 159,722
568 Yuhan 72,672
    31,647,961
     
  % of Total Investments 0.15%
     
Thailand    
Holding Security Description Market Value €
60,900 Advanced Info Services 383,009
26,500 Airports of Thailand 187,246
48,500 Bangkok Bank 236,617
191,000 Bangkok Dusit Medical Services 82,315
106,000 Banpu 66,134
61,500 Bec World 78,589
354,700 BTS Group Holdings 85,764
81,800 Central Pattana 93,257
205,800 Charoen Pokphand Foods 140,517
267,000 CP All 284,327
23,800 Delta Electronics Thailand 42,042
47,600 Energy Absolute 29,817
30,000 Glow Energy 67,088
228,471 Home Product Center 47,228
95,178 Indorama Ventures 48,173
670,400 IRPC 51,401
115,700 Kasikornbank 663,876
239,125 Krung Thai Bank 136,009
96,300 Minor International Public 78,420
4,815 Minor International Public Company 586
89,564 PTT Exploration & Production 251,345
112,556 PTT Global Chemical 144,538
51,700 PTT 419,714
49,300 Siam Cement 555,089
131,679 Siam Commercial Bank 600,491
55,800 Thai Oil 58,722
31,400 Thai Union Frozen Products 71,203
439,923 True Corporation 122,354
    5,025,871
     
  % of Total Investments 0.02%
     
Turkey    
Holding Security Description Market Value €
136,631 Akbank 417,805
12,283 Anadolu Efes 98,455
11,554 Arcelik 61,197
15,070 Bim Birlesik Magazalar 266,066
4,349 Coca Cola Icecek 77,551
177,862 Emlak Konut Gayrimenkul Yatirim 173,968
32,006 Enka Insaat 59,672
123,020 Eregli Demir Ve Celik 193,739
5,864 Ford Otomotiv Sanayi 67,399
66,054 Haci Omer Sabanci 236,740
38,452 KOC 168,363
27,332 Petkim Petrokimya 38,122
13,438 Tav Havalimanlari 90,631
14,676 Tofas Turk Otomobil Fabrikasi 82,656
7,334 Tupras Turkiye Petrol Rafinerileri 143,210
37,752 Turk Hava Yollari 128,373
29,975 Turk Telekomunikasyon 76,949
46,682 Turkcell Iletisim Hizmetleri A 235,718
154,061 Turkiye Garanti Bankasi 512,449
39,757 Turkiye Halk Bankasi 195,135
95,487 Turkiye Bankasi 227,254
47,458 Turkiye Sise Ve Cam Fabrikalar 60,998
41,819 Turkiye Vakiflar Bankasi 72,061
14,597 Ulker Biskuvi Sanayi 95,612
49,543 Yapi Ve Kredi Bankasi 85,546
    3,865,669
     
  % of Total Investments 0.02%
     
Taiwan    
Holding Security Description Market Value €
155,000 Acer 86,539
372,359 Advanced Semiconductor Engineering 370,996
21,768 Advantech 133,488
112,582 Asia Cement 114,820
60,480 Asustek Computer 548,021
455,000 Au Optronics 192,756
54,000 Catcher Technology 348,091
610,612 Cathay Financial 749,692
50,820 Chailease 104,723
287,673 Chang Hwa Commercial Bank 136,539
133,241 Cheng Shin Rubber Industry 259,235
30,444 Chicony Electronics 70,457
154,842 China Airlines 58,714
1,123,507 China Development Financial 296,742
131,245 China Life Insurance 90,265
37,000 China Motor 27,044
882,327 China Steel 606,831
282,200 Chunghwa Telecom 693,692
25,933 Clevo 33,569
258,000 Compal Electronics 149,780
1,053,621 CTBC Financial 566,211
59,000 CTCI 77,762
138,000 Delta Electronic 680,256
287,112 E.Sun Financial 147,535
10,400 Eclat Textile 87,301
59,000 Epistar 97,048
111,100 Eva Airways 64,353
16,363 Eva Airways Non Trade 2,204
92,399 Evergreen Marine 54,125
54,433 Far Eastern Department 40,141
184,327 Far Eastern New Century 151,356
96,000 Far Eastone Telecommunications 183,264
18,128 Farglory Land Development 17,896
606,421 First Financial Holding 295,757
245,730 Formosa Chemicals & Fibre 429,899
2,928 Formosa International Hotels 25,880
67,000 Formosa Petrochemical 120,369
308,240 Formosa Plastic 582,786
52,000 Formosa Tafeetta 42,699
48,620 Foxconn Technology 108,454
519,839 Fubon Group 689,222
20,000 Giant Manufacturing 146,967
2,000 Hermes Microvision 83,682
31,200 Highwealth Construction 52,136
10,324 Hiwin Technologies 71,544
905,943 Hon Hai Precision Industry 2,082,437
14,000 Hotai Motor 174,085
47,100 HTC 174,901
315,090 Hua Nan Financial Holdings 146,256
656,805 Innolux 264,508
194,000 Inotera Memories 254,676
136,620 Inventec 76,277
18,000 Kinsus Interconnect Technology 49,660
8,000 Largan Precision C 501,046
126,495 Lite-On Technology 120,408
102,341 Mediatek 1,236,442
721,211 Mega Financial 461,130
23,100 Merida Industry 129,575
313,100 Nan Ya Plastic 536,298
25,000 Novatek Microelectronics 116,370
124,000 Pegatron 236,715
8,000 Phison Electronics 45,816
120,000 Pou Chen 120,659
37,400 Powertech Technologies 53,009
39,000 President Chain Store 249,359
170,000 Quanta Computer 352,092
25,461 Radiant Opto-Electronics 67,581
26,787 Realtek Semiconductor 74,253
42,660 Ruentex Development 56,226
36,399 Ruentex Industries 63,489
333,224 Shin Kong Financial 78,513
175,000 Siliconware Precision Industries 219,436
13,310 Simplo Technology 54,820
447,298 Sinopac Financial 152,063
27,978 Standards Foods 51,215
93,000 Synnex Technology 112,116
576,388 Taishin Financial 196,701
193,953 Taiwan Business Bank 46,612
264,764 Taiwan Cement 300,491
307,771 Taiwan Cooperative Financial 131,189
41,000 Taiwan Fertilizer 59,827
65,521 Taiwan Glass 42,321
115,100 Taiwan Mobile 314,538
1,701,000 Taiwan Semiconductor Manufacturing 6,271,993
112,000 Teco Electric & Machinery 88,305
14,803 TPK 73,357
13,000 Transcend Information 33,554
39,385 TSRC 34,967
29,000 U-Ming Marine Transport 37,843
69,000 Unimicron Technology 43,576
356,898 Uni-President Enterprises 468,522
748,000 United Micro Electronics 288,520
92,000 Vanguard International Semiconductor 125,826
215,000 Walsin Lihwa 55,999
167,891 Wistron 126,006
107,400 WPG 103,496
96,800 Yang Ming Marine 42,654
694,644 Yuanta Financial 279,747
42,000 Yulon Motor 51,072
    27,419,388
     
  % of Total Investments 0.13%
     
United Arab Emirates    
Holding Security Description Market Value €
3,225 Al Noor Hospitals Group 40,991
78,079 DP World 1,349,165
    1,390,156
     
  % of Total Investments 0.01%
Quoted Securities – Equities – Global Low Volatiliy Equity Funds
Total Global Low Volatiliy Equity Funds
1,360,479,598
  % of Total Investments 6.25%
Holding Security Description Market Value €
32,077,925 Acadian Global Managed Volatility Fund 373,859,357
319,059 Unigestion Global Managed Volatility Fund 386,767,584
2,389,489 DWS Floating Rate Note 200,191,390
26,308 JP Morgan -Managed Reserves 199,958,588
873 Amundi Treso 6 Mois 199,702,679
Quoted Securities – Equities – Equity Index Options
Total Equity Index Options 30,758,895
% of Total Investments 0.14%
Holding Security Description Market Value €
4,800 S&P 500 Index Put 12,928,095
25,400 DJ Euro Stoxx 50 Put 17,830,800
Quoted Securities – Equities – TOTAL
TOTAL QUOTED SECURITIES – EQUITIES
   2,663,469,335
% of Total Investments 12.24%

QUOTED SECURITIES – CORPORATE BONDS
Quoted Securities – Corporate Bonds
Australia    
Holding Security Description Market Value €
1,180,000 Amcor 4.625% 4/16/2019 1,369,779
1,580,000 Aurizon Network 2% 9/18/2024 1,609,407
2,490,000 Ausnet Services Holdings 2.375% 7/24/2020 2,683,100
2,850,000 National Australia Bank 2% 11/12/2020 3,079,351
2,670,000 Origin Energy Finance 2.875% 10/11/2019 2,838,627
1,640,000 Scentre Group Trust 3.25% 9/11/2023 1,889,810
1,070,000 Scentre Management Ltd 1.5% 7/16/2020 1,099,410
2,440,000 SGSP Australia Assets 2% 6/30/2022 2,547,990
980,000 Transurban Finance 2.5% 10/8/2020 1,004,818
    18,122,292
     
  % of Total Investments 0.08%
     
Austria    
Holding Security Description Market Value €
500,000 Erste Group Bank 3.375% 3/28/2017 529,035
1,860,000 OMV 0.600% 11/19/2018 1,867,122
700,000 Verbund 4.750% 7/16/2019 825,075
1,200,000 Vienna Insurance Group Variable 10/9/2043 1,354,603
    4,575,835
     
  % of Total Investments 0.02%
     
Belgium    
Holding Security Description Market Value €
2,800,000 Anheuser-Busch inbev 2.25% 9/24/2020 3,046,411
1,800,000 Belgacom 2.375% 4/4/2024 1,994,094
400,000 Delhaize Group 3.125% 2/27/2020 441,560
800,000 KBC Groep Variable 11/25/2024 805,840
    6,287,905
     
  % of Total Investments 0.03%
     
Brazil    
Holding Security Description Market Value €
117 Hypermarcas Debs Series 1 Variable 10/15/2015 36,829
117 Hypermarcas Series 2 11.3% 10/15/2018 30,761
1,900,000 Vale Sa 4.375% 03/24/2018 2,046,904
    2,114,494
     
  % of Total Investments 0.01%
     
British Virgin Islands    
Holding Security Description Market Value €
1,750,000 Global Switch Holdings Ltd 5.5% 4/18/2018 2,014,584
    2,014,584
     
  % of Total Investments 0.01%
     
Canada    
Holding Security Description Market Value €
1,400,000 Total Capital Canada 2.125% 9/18/2029 1,471,931
    1,471,931
     
  % of Total Investments 0.01%
     
Cayman Islands    
Holding Security Description Market Value €
3,560,000 Hutchison Whampoa (Europe) 2.5% 6/6/2017 3,724,650
3,410,000 Hutchison Whampoa Finance 1.375% 10/31/2021 3,451,091
1,730,000 IPIC GMTN 2.375% 5/30/2018 1,812,175
700,000 IPIC GMTN 4.875% 5/14/2016 737,625
    9,725,541
     
  % of Total Investments 0.04%
     
Czech Republic    
Holding Security Description Market Value €
289,000 CEZ 3.625% 5/27/2016 301,926
    301,926
     
  % of Total Investments 0.00%
     
Denmark    
Holding Security Description Market Value €
1,500,000 Carlsberg Breweries 2.5% 5/28/2024 1,552,644
1,820,000 Danske Bank Variable 5/19/2026 1,878,386
1,270,000 Dong Energy 6.5% 5/7/2019 1,584,461
1,960,000 ISS Global 1.125% 1/9/2020 1,965,155
    6,980,646
     
  % of Total Investments 0.03%
     
Finland    
Holding Security Description Market Value €
1,670,000 Teollisuuden Voima Oyj 2.5% 3/17/2021 1,754,769
    1,754,769
     
  % of Total Investments 0.01%
     
France    
Holding Security Description Market Value €
900,000 Alstom 3% 7/8/2019 987,085
1,850,000 Autoroutes du Sud de La France 4.125% 4/13/2020 2,164,896
1,950,000 Axa Variable 4/16/2040 2,216,661
1,790,000 Axa Variable 5/20/2049 1,800,203
400,000 Axa Variable 7/4/2043 468,754
2,400,000 Banque Federale du Credit Mutuel 2.625% 3/18/2024 2,709,946
1,980,000 Banque Federale du Credit Mutuel 3% 5/21/2024 2,107,001
2,800,000 Banque Federative du Credit Mutuel 1.625% 1/11/2018 2,897,532
1,800,000 BNP Paribas Cardif Variable 11/29/2049 1,809,000
1,560,000 BNP Paribas 2.5% 8/23/2019 1,696,570
1,460,000 BNP Paribas 2.375% 5/20/2024 1,625,009
3,770,000 BNP Paribas 3% 2/24/2017 3,986,390
2,000,000 BNP Paribas Variable 3/20/2026 2,066,108
2,450,000 BNP Paribas Variable 10/14/2027 2,463,931
2,800,000 BPCE 2% 4/24/2018 2,938,090
4,200,000 BPCE 2.125% 3/17/2021 4,530,414
1,400,000 BPCE Varibale 7/8/2026 1,418,222
1,680,000 Carrefour 1.75% 7/15/2022 1,761,119
1,850,000 Carrefour 1.875% 12/19/2017 1,927,360
1,400,000 Casino Guichard Perrachon 2.798% 8/5/2026 1,464,694
1,800,000 Casino Guichard Perrachon 3.157% 8/6/2019 1,982,988
1,200,000 Casino Guichard Perrachon 3.248% 3/7/2024 1,331,880
1,180,000 Cie de St-Gobain 4.75% 4/11/2017 1,291,899
1,500,000 CNP Assurances Variable 9/14/2040 1,738,425
700,000 CNP Assurances Variable 11/29/2049 705,277
550,000 CNP Assurances Variable 12/29/2049 570,625
1,350,000 Credit Agricole 5.875% 6/11/2019 1,625,315
1,500,000 Credit Agricole London 2.375% 5/20/2024 1,666,650
2,300,000 Credit Agricole London 2.375% 11/27/2020 2,531,559
1,900,000 Credit Agricole London 3.875% 2/13/2019 2,160,144
1,400,000 Electricite de France 4.625% 4/26/2030 1,925,454
600,000 Electricite de France 2.75% 3/10/2023 683,101
2,800,000 Electricite de France 3.875% 1/18/2022 3,389,551
1,500,000 Electricite de France Variable 1/29/2049 1,611,405
1,400,000 Eutelsat SA 2.625% 1/13/2020 1,512,311
680,000 GDF Suez 1.5% 2/1/2016 689,543
3,200,000 GDF Suez Variable 6/29/2049 3,272,035
1,500,000 Holding D’Infrastructures 2.25% 3/24/2025 1,560,987
2,300,000 HSBC France 1.625% 12/3/2018 2,403,031
700,000 Kering 2.5% 7/15/2020 762,307
1,740,000 Orange SA 4.75% 2/21/2017 1,901,677
2,600,000 Orange SA 1.875% 9/3/2018 2,727,356
1,600,000 Orange SA 3.125% 1/9/2024 1,851,258
1,810,000 Orange Variable 10/29/2049 1,882,349
1,300,000 Orange Variable 12/29/2049 1,425,125
1,800,000 Pernod Ricard 2% 6/22/2020 1,901,239
470,000 RCI Banque 1.75% 7/6/2016 478,475
2,100,000 Sanofi 1.75% 9/10/2026 2,189,548
1,500,000 Societe Des Autoroutes 1.875% 1/15/2025 1,534,290
1,400,000 Societe Generale 2.25% 1/23/2020 1,516,612
2,700,000 Societe Generale 3.75% 3/1/2017 2,897,008
300,000 Societe Generale 4% 6/7/2023 332,674
1,760,000 Sodexo 1.75% 1/24/2022 1,858,014
2,600,000 Sogecap Variable 12/29/2049 2,583,750
694,000 Veolia Environnement 5.125% 5/24/2022 889,578
1,300,000 Veolia Environnement 4.625% 3/30/2027 1,701,596
    104,124,021
     
  % of Total Investments 0.48%
     
Germany    
Holding Security Description Market Value €
1,200,000 Allianz Variable 9/29/2049 1,202,244
2,720,000 Bayer Variable 7/1/2074 2,885,920
1,800,000 Bayer Variable 7/1/2075 1,852,110
1,900,000 Commerzbank 4% 9/16/2020 2,237,311
2,760,000 Daimler 2% 5/5/2017 2,869,172
3,600,000 Deutsche Bank 1.25% 9/8/2021 3,686,112
1,750,000 LBBW Variable 5/27/26 1,765,817
2,140,000 Merck KGaA Variable 12/12/2074 2,185,160
2,200,000 Munchener Ruckversicherungs Variable 6/29/2049 2,408,952
2,060,000 Volkswagen Leasing 1.125% 2/20/2023 2,115,867
    23,208,665
     
  % of Total Investments 0.11%
     
Ireland    
Holding Security Description Market Value €
1,230,000 Cloverie for Zurich 1.75% 9/16/2024 1,286,306
600,000 Ervia 3.625% 12/4/2017 651,418
1,120,000 ESB Finance 4.375% 11/21/2019 1,309,483
1,000,000 ESB Finance 6.25% 9/11/2017 1,150,804
1,800,000 GE Capital European Funding 4.25% 3/1/2017 1,952,548
1,450,000 GE Capital European Funding 4.625% 2/22/2027 1,974,610
    8,325,169
     
  % of Total Investments 0.04%
     
Italy    
Holding Security Description Market Value €
1,520,000 2i Rete 1.125% 1/2/2020 1,519,742
1,150,000 2i Rete 1.75% 7/16/2019 1,188,587
687,000 Acea 2.625% 7/15/2024 730,611
1,260,000 Assicurazioni Generali 2.875% 1/14/2020 1,378,929
1,700,000 Assicurazioni Generali Variable 12/12/2042 2,125,000
1,150,000 Atlantia 4.375% 3/16/2020 1,354,040
860,000 Atlantia 4.5% 2/8/2019 989,050
1,190,000 ENI 3.625% 1/29/2029 1,416,148
1,450,000 ENI 4% 6/29/2020 1,688,000
1,630,000 Hera 2.375% 7/4/2024 1,744,273
1,100,000 Hera 3.25% 10/4/2021 1,247,763
1,500,000 Intesa Sanpaolo 3.5% 1/17/2022 1,704,120
1,400,000 Intesa Sanpaolo 4.125% 1/14/2016 1,449,868
900,000 Intesa Sanpaolo 4.375% 10/15/2019 1,034,685
2,400,000 Intesa Sanpaolo 5% 2/28/2017 2,614,757
1,850,000 SNAM 2.375% 06/30/2017 1,931,494
1,410,000 SNAM 3.500% 02/13/2020 1,584,451
950,000 SNAM 3.875% 03/19/2018 1,044,236
1,430,000 Terna Rete Elettrica Nazionale 2.875% 2/16/2018 1,528,885
1,670,000 Terna Rete Elettrica Nazionale 4.125% 2/17/2017 1,798,152
1,200,000 Unicredit 3.25% 1/14/2021 1,312,205
1,800,000 Unicredit 3.625% 1/24/2019 1,974,499
1,500,000 Unicredit 4.875% 3/7/2017 1,628,229
920,000 Unione di Banche Italiane 2.875% 2/18/2019 979,633
    35,967,357
     
  % of Total Investments 0.17%
     
Jersey Channel Islands    
Holding Security Description Market Value €
2,050,000 WPP 6.625% 5/12/2016 2,221,905
    2,221,905
     
  % of Total Investments 0.01%
     
Luxembourg    
Holding Security Description Market Value €
2,770,000 Glencore Finance Europe 3.375% 9/30/2020 3,079,758
550,000 Glencore Finance Europe 7.125% 4/23/2015 560,155
1,720,000 Novartis Finance 1.625% 11/9/2026 1,784,448
1,200,000 Talanx Finanz Luxembourg Variable 6/15/2042 1,563,599
    6,987,960
     
  % of Total Investments 0.03%
Mexico    
Holding Security Description Market Value €
1,600,000 America Movil 3.75% 6/28/2017 1,727,280
1,340,000 Petroleos Mexicanos 3.75% 4/16/2026 1,413,700
2,200,000 Petroleos Mexicanos 5.5% 1/9/2017 2,371,050
    5,512,030
     
  % of Total Investments 0.03%
     
Netherlands    
Holding Security Description Market Value €
1,620,000 ABN Amro Bank 4.25% 4/11/2016 1,701,701
2,190,000 Achmea 2.5% 11/19/2020 2,376,680
1,320,000 Aegon Variable 4/25/2044 1,372,800
1,520,000 Airbus Group Finance 2.375% 4/2/2024 1,685,653
2,290,000 Alliander Variable 11/29/2049 2,407,363
2,000,000 Allianz Finance II 3.5% 2/14/2022 2,370,528
2,900,000 Allianz Finance II Variable 7/8/2041 3,458,294
1,540,000 ASML Holding 3.375% 9/19/2023 1,788,590
1,480,000 BAT Netherlands Finance 4% 7/7/2020 1,744,849
1,050,000 Bharti Airtel International 3.375% 5/20/2021 1,113,273
2,990,000 Bharti Airtel International 4% 12/10/2018 3,227,735
1,950,000 Cooperatieve Centrale Raiffeisen 4.125% 9/14/2022 2,252,102
1,860,000 Cooperatieve Centrale Raiffeisen Variable 5/26/2026 1,891,713
4,550,000 Cooperatieve Centrale Raiffeisen 4% 1/11/2022 5,548,953
1,880,000 Delta Lloyd 4.25% 11/17/2017 2,060,476
700,000 Deutsche Telekom 4.25% 3/16/2020 829,382
2,600,000 Deutsche Telekom 6% 1/20/2017 2,898,893
1,500,000 ELM for Swiss Life Insurance Variable 4/29/2049 1,596,750
1,860,000 Eneco Holding Variable BV 12/29/2049 1,860,000
1,970,000 Enel Finance 3.625% 4/17/2018 2,159,445
450,000 Enel Finance 4% 9/14/2016 476,879
1,480,000 Enel Finance 4.125% 7/12/2017 1,611,124
1,950,000 Enel Finance 5% 7/12/2021 2,428,175
1,000,000 Gas Natural Fenosa 3.875% 1/17/2023 1,197,224
1,100,000 Iberdrola International 4.5% 9/21/2017 1,218,230
3,800,000 ING Bank 3.25% 4/3/2019 4,236,962
2,735,000 ING Bank 4.25% 1/13/2017 2,949,744
1,620,000 ING Bank Variable 2/25/2026 1,746,878
1,550,000 ING Bank Variable 11/21/2023 1,636,800
1,250,000 ING Bank Variable 9/16/2020 1,266,560
500,000 Koninklijke KPN 3.25% 2/1/2021 563,199
2,550,000 Koninklijke KPN 7.5% 2/4/2019 3,246,553
750,000 Madrilena Red de Gas 3.779% 9/11/2018 827,020
1,505,000 Metro Finance 4.25% 2/22/2017 1,620,217
1,920,000 Petrobras Global Finance 2.75% 1/15/2018 1,756,800
2,750,000 Petrobras International Finance 4.875% 3/7/2018 2,701,875
800,000 Repsol International Finance 2.25% 12/10/2026 800,258
1,000,000 Repsol International Finance 4.25% 2/12/2016 1,041,499
1,200,000 Robert Bosch Investment 2.625% 5/24/2028 1,371,600
1,150,000 SABIC Capital I 2.75% 11/20/2020 1,243,265
2,460,000 Shell International 1.625% 1/20/2027 2,489,235
870,000 Tennet Holding 2.125% 11/1/2020 934,122
2,500,000 Volkswagen Variable 9/29/2049 2,755,250
2,330,000 Wolters Kluwer 2.875% 3/21/2023 2,640,799
    87,105,447
     
  % of Total Investments 0.40%
     
New Zealand    
Holding Security Description Market Value €
1,630,000 BNZ International Funding 1.25% 5/23/2018 1,664,455
    1,664,455
     
  % of Total Investments 0.01%
     
Norway    
Holding Security Description Market Value €
1,080,000 DNB Bank ASA Variable 9/26/2023 1,129,246
    1,129,246
     
  % of Total Investments 0.01%
     
Slovakia    
Holding Security Description Market Value €
1,340,000 SPP-Distribucia 2.625% 1,410,243
    1,410,243
     
  % of Total Investments 0.01%
     
South Korea    
Holding Security Description Market Value €
2,130,000 Korea Gas Corporation 2.375% 4/15/2019 2,273,136
    2,273,136
     
  % of Total Investments 0.01%
     
Spain    
Holding Security Description Market Value €
1,900,000 Banco Popular Espanol 2.125% 10/8/2019 2,020,492
1,000,000 BBVA Senior Finance 2.375% 1/22/2019 1,065,392
1,700,000 Caixabank 3.125% 5/14/2018 1,833,205
950,000 Gas Natural Capital 4.375% 11/2/2016 1,018,383
1,000,000 Gas Natural Capital 5.375% 5/24/2019 1,200,309
100,000 Iberdrola Finanzas 4.625% 4/7/2017 109,282
1,400,000 Santander International Debt 4% 3/27/2017 1,504,608
1,400,000 Santander International Debt 4.625% 3/21/2016 1,469,112
2,100,000 Telefonica Emisiones 2.242% 5/27/2022 2,248,029
1,900,000 Telefonica Emisiones 4.71% 1/20/2020 2,260,658
800,000 Telefonica Emisiones 5.811% 9/5/2017 910,931
    15,640,402
     
  % of Total Investments 0.07%
     
Sweden    
Holding Security Description Market Value €
1,200,000 Alfa Laval Treasury International 1.375% 9/12/2022 1,223,674
2,520,000 Energa Finance AB 3.25% 3/19/2020 2,755,950
500,000 Nordea Bank 4% 3/29/2021 574,532
1,990,000 Nordea Bank 4% 7/11/2019 2,302,727
2,380,000 PGE Sweden 1.625% 6/9/2019 2,440,174
1,920,000 Skandinaviska Enskilda Banken Variable 5/8/2026 1,974,478
1,100,000 SKF 3.875% 5/25/2018 1,219,324
650,000 Svenska Cellulosa 2.5% 6/9/2023 719,429
1,210,000 Svenska Handelsbanken Variable 1/15/2024 1,261,669
    14,471,957
     
  % of Total Investments 0.07%
     
Switzerland    
Holding Security Description Market Value €
1,700,000 Credit Suisse Variable 9/18/2025 1,920,998
2,790,000 Credit Suisse AG (London) 1.375% 1/31/2022 2,867,813
3,180,000 Credit Suisse AG (London) 1.375% 11/29/2019 3,286,180
1,700,000 UBS Variable 2/12/2026 1,820,275
2,560,000 UBS London 1.25% 9/3/2021 2,638,459
    12,533,725
     
  % of Total Investments 0.06%
     
United Arab Emirates    
Holding Security Description Market Value €
4,490,000 Glencore Finance Dubai Step 5/19/2016 4,562,469
1,600,000 Glencore Finance Dubai Step 11/19/2018 1,687,250
    6,249,718
     
  % of Total Investments 0.03%
     
United Kingdom    
Holding Security Description Market Value €
3,980,000 Anglo American Capital 1.75% 11/20/2017 4,083,209
2,710,000 Anglo American Capital 2.5% 9/18/2018 2,851,551
2,750,000 Aviva Variable 9/29/2049 2,814,900
2,470,000 Barclays Bank 2.125% 2/24/2021 2,668,460
1,580,000 Barclays Bank 6% 1/14/2021 1,936,916
2,090,000 BG Energy Capital 2.25% 11/21/2029 2,129,125
2,130,000 BG Energy Capital Variable 11/30/2072 2,332,350
3,030,000 BP Capital Markets 2.972% 2/27/2026 3,402,484
2,150,000 Brambles Finance 4.625% 4/20/2018 2,426,066
1,410,000 Compass Group 1.875% 1/27/2023 1,495,407
1,320,000 Compass Group 3.125% 2/13/2019 1,461,763
2,500,000 FCE Bank 1.875% 5/12/2016 2,547,425
2,220,000 FCE Bank 1.875% 6/24/2021 2,302,948
1,370,000 Glaxosmithkline Capital 0.625% 12/02/2019 1,379,756
1,790,000 HSBC Bank 3.125% 11/15/2017 1,932,638
1,400,000 HSBC Holdings 6% 6/10/2019 1,674,037
2,010,000 HSBC Holdings Variable 1/10/2024 2,136,923
1,130,000 Imperial Tobacco Finance 4.5% 7/5/2018 1,279,524
1,840,000 Imperial Tobacco Finance 5% 12/2/2019 2,201,072
1,290,000 Lloyds Bank 1% 11/19/2021 1,304,552
1,600,000 Lloyds Bank 1.875% 10/10/2018 1,681,203
2,900,000 Lloyds Bank 6.5% 3/24/2020 3,572,353
1,500,000 NGG Finance Variable 6/18/2076 1,625,222
1,020,000 Pearson Funding Five 1.875% 5/19/2021 1,070,082
1,680,000 Royal Bank of Scotland 1.5% 11/28/2016 1,708,024
1,850,000 Royal Bank of Scotland 4.75% 5/18/2016 1,958,151
1,010,000 Royal Bank of Scotland 5.5% 3/23/2020 1,251,729
1,060,000 Sky 1.5% 9/15/2021 1,078,306
2,000,000 Sky 1.875% 11/24/2023 2,061,536
1,780,000 SSE Variable 9/29/2049 1,929,128
3,660,000 Standard Chartered 1.625% 6/13/2021 3,754,428
2,500,000 Tesco Corporate Treasury 1.25% 11/13/2017 2,454,663
2,330,000 Tesco Corporate Treasury 1.375% 7/1/2019 2,219,642
600,000 Tesco Corporate Treasury 2.125% 11/12/2020 580,213
    71,305,786
     
  % of Total Investments 0.33%
     
United States    
Holding Security Description Market Value €
1,750,000 3M 1.5% 11/9/2026 1,787,548
3,190,000 American Honda Finance 1.875% 9/4/2019 3,390,396
810,000 Apple 1% 11/10/2022 820,097
1,200,000 Apple 1.625% 11/10/2026 1,225,030
2,020,000 AT&T 1.45% 6/1/2022 2,063,333
2,155,000 AT&T 2.4% 3/15/2024 2,324,292
1,720,000 Bank of America 1.375% 9/10/2021 1,751,940
2,400,000 Bank of America 4.625% 8/7/2017 2,653,884
1,800,000 Citigroup 1.75% 1/29/2018 1,866,679
2,130,000 Citigroup 2.125% 9/10/2026 2,219,528
1,995,000 Citigroup 2.375% 5/22/2024 2,156,447
600,000 Coca-Cola 1.875% 9/22/2026 631,529
1,170,000 Goldman Sachs 2.625% 8/19/2020 1,272,955
450,000 Goldman Sachs 3.25% 2/1/2023 512,383
2,550,000 Goldman Sachs 6.375% 5/2/2018 3,025,736
2,040,000 Illinois Tool Works 1.75% 5/20/2022 2,152,033
2,450,000 IBM 1.875% 11/6/2020 2,621,108
1,700,000 JPMorgan Chase 1.875% 11/21/2019 1,804,635
1,485,000 JPMorgan Chase 2.75% 2/1/2023 1,674,902
1,650,000 JPMorgan Chase 3% 2/19/2026 1,913,353
1,400,000 JPMorgan Chase Bank Variable 11/30/2021 1,469,373
1,600,000 Lehman Brothers 4.25% 9/26/2016 160
1,200,000 Lehman Brothers 4.625% 3/14/2019 120
1,950,000 Merck & Co 1.125% 10/15/2021 1,999,920
1,330,000 Merck & Co 2.5% 10/15/2034 1,465,253
2,250,000 Metropolitan Life Global Funding 4.625% 5/16/2017 2,470,014
2,940,000 Mondelez International 1.125% 1/26/2017 2,979,126
2,140,000 Morgan Stanley 1.875% 3/30/2023 2,215,170
2,500,000 Morgan Stanley 2.375% 3/31/2021 2,685,300
1,400,000 Morgan Stanley 4.5% 2/23/2016 1,464,130
2,060,000 Oracle 2.25% 1/10/2021 2,245,276
1,370,000 PepsiCo 2.625% 4/28/2026 1,551,618
1,430,000 Philip Morris 2.125% 5/30/2019 1,528,850
1,730,000 Prologis 1.375% 10/7/2020 1,752,127
1,250,000 Prologis 3.375% 2/20/2024 1,425,003
470,000 SES Global Americas Holdings 1.875% 10/24/2018 492,969
1,720,000 Simon Property Group 2.375% 10/2/2020 1,862,530
2,480,000 Verizon Communications 1.625% 3/1/2024 2,513,257
1,720,000 Verizon Communications 2.625% 12/1/2031 1,768,934
1,500,000 Verizon Communications 3.25% 2/17/2026 1,733,850
1,690,000 Walgreens Boots Alliance 2.125% 11/20/2026 1,722,130
3,050,000 Wal-Mart Stores 2.55% 4/8/2026 3,424,418
2,210,000 Wells Fargo 2.25% 9/3/2020 2,399,096
1,750,000 Wells Fargo 2.625% 8/16/2022 1,964,232
    81,000,664
     
  % of Total Investments 0.37%
Quoted Securities – Corporate Bonds – Total
TOTAL QUOTED CORPORATE BONDS 534,481,810
% of Total Investments 2.46%

TOTAL UNQUOTED CORPORATE BONDS
Unquoted Securities – Corporate Bonds
Ireland    
Holding Security Description Market Value €
100,000,000 Bank of Ireland Variable 6/12/2027 99,272,711
20,071,048 Housing Finance Agency 4% 4/3/2015 43,353,464
19,450,000 European Investment Bank 01/08/2027 21,447,515
12,500,000 European Investment Bank 01/08/2032 13,260,000
13,650,000 European Investment Bank 01/08/2037 13,921,635
47,000,000 DAA Finance 6.587% 7/9/2018 56,071,000
Unquoted Securities – Corporate Bonds – Total
TOTAL UNQUOTED CORPORATE BONDS 247,326,325
% of Total Investments 1.14%

TOTAL OTHER BONDS
Unquoted Securities – Other Bonds
Ireland    
Commitment €m Security Description Market Value €
150 Bluebay Ireland Corporate Credit 1 Limited Super Senior Notes 60,000,000
8 Bluebay Ireland Corporate Credit 1 Limited Senior Notes 3,000,000
42 Bluebay Ireland Corporate Credit 1 Limited Subordinated Notes 16,900,000
Unquoted Securities – Other Bonds – Total
TOTAL OTHER BONDS 79,900,000
% of Total Investments 0.37%

TOTAL OTHER DEBT
Unquoted Securities – Other Debt
Ireland    
Commitment €m Security Description Market Value €
300 Irish Water Loan 307,709,391
0 Loan to Irish Infrastructure 13,376,647
Unquoted Securities – Other Debt – Total
TOTAL OTHER DEBT 321,086,038
% of Total Investments 1.48%

TOTAL UNQUOTED PROPERTY INVESTMENTS
Unquoted Securities – Property
Unquoted Securities – Property
Commitment €m Security Description Market Value €
38 Apollo Domestic Emerging Markets Fund 27,229,617
0 Ardawn II Loan Notes 3,723
14 Asian Retail Mall II 40,088
30 Berkshire Multifamily Value Fund 3,514,383
31 Blackrock Japan Core Plus Fund 3,420,693
58 Broadway Partners Value Added Fund 357,884
37 CBRE Strategic Partners UK FD III LP 4,343,179
37 CBRE Strategic Partners UK II 0
44 CBRE Strategic Partners US IV Blocker LP 4,187,485
18 Composition Capital Asia Fund 7,730,377
0 Crystal UK Development Fund 55,570
30 CT Large Loan 2006 1,904,263
15 French Development Venture II 63,877
35 Forum Asian Realty Income II 8,925,294
44 Forum European Realty Income II GP 17,627,890
30 Grosvenor French Retail Feeder Investment 27,396,006
50 Madison Marquette Retail Enhancement Fund 36,341,774
45 Morgan Stanley Real Estate Fund V International 3,721,537
82 Morgan Stanley Real Estate Fund V US 10,348,227
80 Morgan Stanley Real Estate Fund VI International 20,531,849
37 PRECO III (UK) LP 14,873,605
0 Rockspring Pan European Fund 456,015
39 Silverpeak Real Estate Partners II 19,989,415
75 Tishman Speyer European Real Estate Venture VI 18,132,469
45 Tishman Speyer Real Estate VI Fund 14,979,238
     
914 Total Unquoted Property Investments 246,174,458
% of Total Investments 1.13%
Unquoted Securities – Property – Total
TOTAL UNQUOTED PROPERTY INVESTMENTS 246,174,458
% of Total Investments 1.13%

TOTAL PRIVATE EQUITY INVESTMENTS
Unquoted Securities – Private Equity
Unquoted Securities – Private Equity
Commitment €m Security Description Market Value €
0 Act 2001 – BIAM Venture 207,501
0 Allianz Irish Life 360,091
23 Arch Venture Fund VIII 724,812
10 Atlantic Bridge II 10,621,700
20 Atlantic Bridge III 2,000
0 Bank of Ireland Unlisted Fund 20,218
0 Better Capital (Ireland) 0
0 Canford Healthcare 175,889
125 Carlyle Cardinal Ireland 7,144,410
41 China Ireland Growth Technology Fund 5,966,906
25 CVC European Equity Partners 12,592,899
1 Delta Equity Fund II 555,115
23 Delta Equity Fund III 12,459,668
0 Delta Equity Fund No.2 155,076
0 Delta I 9900777 100,224
20 DFJ Espirit Capital III 26,316,703
9 Draper Fisher Jurveston 12,605,349
30 Fortress IW Coinvestment Fund 0
15 Fountain Healthcare Partners Fund I 8,389,213
13 Fountain Healthcare Partners Fund II 1,397,732
10 Highland Europe Technology Growth 7,943,799
0 ICC Private Equity Fund 38,527
1 KBI Venture Capital Fund 858,577
10 Lightstone Ventures LP 1,507,913
37 OCM Opportunities Fund VIIb 5,934,084
41 Polaris Partners VII 6,809,991
39 Polaris Venture Partners VI 34,262,559
15 Seroba Kernel Life Sciences Fund II 12,604,041
10 Sofinnova Venture Partners VIII 8,305,754
20 Strategic Investors Fund V 15,108,048
20 Strategic Investors Fund VI 5,710,831
18 Ulster Bank Diageo Venture Fund 10,913,019
39 WestSummit Global Technology 31,712,878
Provision (1,436,752)
615 Total Private Equity Investments 240,068,775
% of Total Investments 1.10%
Unquoted Securities – Private Equity – Total
TOTAL PRIVATE EQUITY INVESTMENTS 240,068,775
% of Total Investments 1.10%

TOTAL INFRASTRUCTURE FUND INVESTMENTS
Unquoted Securities – Infrastructure Fund
Unquoted Securities – Infrastructure Fund
Commitment €m Security Description Market Value €
250 Irish Infrastructure Trust 75,611,520
     
250 Total Infrastructure Fund Investments 75,611,520
% of Total Investments 0.35%
Unquoted Securities – Infrastructure Fund – Total
TOTAL INFRASTRUCTURE FUND INVESTMENTS 75,611,520
% of Total Investments 0.35%

TOTAL OTHER INVESTMENTS
Other Investments
Other Investments
Holding Security Description Market Value €
     
Commodity Investments    
4,416,745 Fundlogic Global Solutions 280,771,247
  280,771,247
     
  % of Total Investments 1.29%
     
Other Investment Funds    
61,612 Bridgewater Pure Alpha Euro 114,317,176
66,442 Bridgewater Pure Alpha Major Markets II 77,498,796
668,206 Generation IM Global Equity 145,751,806
337,567,778
 
% of Total Investments 1.55%
 
Currency Funds  
800,000 J.P. Morgan Asset Management Europe 81,544,000
    81,544,000
     
  % of Total Investments 0.37%
     
Forestry Funds    
20,000,000 AIBIM 1st Forestry Fund 26,808,737
16,210 ILIM- Irish Forestry Unit Trust 119,072
    26,927,809
     
  % of Total Investments 0.12%
     
Total Other Investments
 726,810,834
% of Total Investments 3.34%
Other Investments – Total
TOTAL OTHER INVESTMENTS 726,810,834
% of Total Investments 3.34%

CASH DEPOSITS AND OTHER CASH INVESTMENTS
CASH DEPOSITS AND OTHER CASH INVESTMENTS
Cash Deposits and Other Cash Investments
Security Description Market Value €
Deposits and Cash    
  Euro 211,393,916
  US Dollar 21,656,336
  Other Currencies 1,627,058
  Sterling 4,205,785
  Japanese Yen 58
    238,883,153
     
  % of Total Investments 1.10%
     
Cash Enhancement Investments    
200 Belgian Treasury Bills 200,008,000
200 French Treasury Bills 200,004,500
450 Italian Treasury Bills 449,716,250
450 Spanish Treasury Bils 449,925,000
150 Goldman Sachs International Senior Secured Note 150,000,000
    1,449,653,750
     
  % of Total Investments 6.66%
     
Unrealised Gains/losses    
  Unrealised Loss on Foreign Exchange Contracts (47,424,301)
  Unrealised Loss on Futures Contracts (Note 1) (6,197,454)
    (53,621,755)
     
  % of Total Investments -0.25%
CASH DEPOSITS AND OTHER CASH INVESTMENTS – Total
TOTAL CASH DEPOSITS AND OTHER CASH INVESTMENTS 1,634,915,148
% of Total Investments 7.51%

TOTAL DIRECTED INVESTMENTS
Directed Investments
Directed Investments
Holding Security Description Market Value €
     
Directed Investments    
522,555,689,981 Allied Irish Banks 7,158,447,508
3,500,000,000 Allied Irish Banks Preference Shares 4,552,333,333
4,512,323,039 Bank of Ireland 1,412,357,111
    13,123,137,952
     
  % of Total Investments 60.29%
     
Cash    
  Euro 1,108,922,278
    1,108,922,278
     
  % of Total Investments 5.09%
     
Repurchase Agreements    
382,660,000 Ireland Government Repurchase Agreement 14-JAN-15 382,660,000
382,660,000 Ireland Government Repurchase Agreement 21-JAN-15 382,660,000
    765,320,000
     
  % of Total Investments 3.52%
Directed Investments – Total
TOTAL DIRECTED INVESTMENTS 14,997,380,230
% of Total Investments 68.90%
Total Investments   21,767,224,471.91
     
  % of Total Investments 100.00%

 

Note 1 : Open Futures 31 December 2014
Contract Security Description Unrealsied Profit & Loss
     
(80) Euro-Bobl Contracts (Expiring March 2015) (62,800)
(40) Euro-Bund Contracts (Expiring March 2015) (111,000)
(1,500) DJ Euro Stoxx Index Contracts (Expiring March 2015) (3,135,000)
(1,010) S&P 500 Mini Contracts (Expiring March 2015) (2,888,745)
     
Total Futures   (6,197,545)

 

INVESTMENT MANAGERS
Investment Managers
Investment Type Mandate Manager Value (€m)
       
Equity      
Passive Global Blackrock Advisors (UK) 997
Active Global Generation Investment Management 146
Active low volatility Global Unigestion 387
Active low volatility Global Acadian Asset Management 374
Total Equity 1,903
       
Futures      
Short Position Global Citigroup Global Markets Limited (132)
Total Futures     (132)
       
       
Options      
Equity Options Global National Treasury Management Agency 31
Total Options     31
       
       
Fixed Income      
Active Corporate Bonds Deutsche Asset Management International Gmbh 565
Active Eurozone Inflation linked Bonds National Treasury Management Agency 204
Long term receivables Global National Treasury Management Agency 368
Strategic Ireland National Treasury Management Agency 309
SME Ireland Bluebay Asset Management 64
Total Fixed Income     1,509
       
       
Cash      
Cash Ireland National Treasury Management Agency 175
Exposure From Equity Futures Global Citigroup Global Markets Limited 132
Short Duration Fund Global Amundi Asset Management 200
Short Duration Fund Global JP Morgan Asset Management 200
Short Duration Fund Global Deutsche Asset Management 200
HFA Bond Ireland National Treasury Management Agency 43
Structured Note Eurozone Goldman Sachs Asset Management International 150
Sovereign Bills Eurozone National Treasury Management Agency 1,300
Currency Forwards Global National Treasury Management Agency (12)
Margin for Futures Global Citigroup Global Markets Limited 20
Transition Global Legacy Managers 1
Total Cash Assets     2,410
       
       
Infrastructure      
Passive Global Listed:Blackrock 279
Strategic Irish Irish Dublin Waste to Energy (Covanta) 0
Strategic Irish Irish Irish Infrastructure Fund 89
Total Infrastructure     368
       
       
Commodity      
Forestry Ireland Davy Group 27
Active Global Fund Logic / Morgan Stanley 281
Total Commodity     308
       
       
Absolute Return      
Active Currency JP Morgan Asset Management 82
Active Global Macro Bridgewater Associates 192
Total Absolute Return     273
       
       
Private Equity      
Buyout Global CVC Capital Partners 13
Venture Capital Ireland Atlantic Bridge 11
Other US and Europe Oaktree Capital Management 6
Venture Capital Global Silicon Valley Bank 21
Venture Capital Ireland Delta Partners 12
Venture Capital Ireland Fountain Healthcare Partners 10
Venture Capital Ireland Seroba Kernel Lifesciences 13
Venture Capital Ireland NCB 11
Venture Capital Innovation Fund Ireland Draper, Fisher, Jurvetson 13
Venture Capital Innovation Fund Ireland DFJ Esprit 26
Venture Capital Innovation Fund Ireland Highland Europe 8
Venture Capital Innovation Fund Ireland Polaris Ventures 41
Venture Capital Innovation Fund Ireland Sofinnova Venture Partners 8
Venture Capital Innovation Fund Ireland Lightstone Ventures 2
SME Ireland Bluebay Asset Management 17
SME Ireland Carlyle Cardinal Ireland 7
Venture Capital Ireland/China Summit Bridge Capital 6
Venture Capital Global WestSummit Capital 32
Venture Capital IFI Arch Venture Fund VIII Lp 1
Total Private Equity     256
       
       
Property      
Core Europe Grosvenor 27
Opportunistic Asia Composition Capital 8
Opportunistic Europe and Asia Forum Partners 27
Opportunistic Global Morgan Stanley 35
Opportunistic Global Silverpeak 20
Opportunistic US Broadway Partners 0
Opportunistic US Capital Trust 2
Opportunistic US and Europe Tishman Speyer 33
Value Add Europe Rockspring PIM 0
Value Add Europe and US CBRE Investors 9
Value Add US Berkshire 4
Value Add US Madison Marquette 36
Value Add US Apollo Domestic Emerging 27
Opportunistic US & Europe PRECO III (UK) L P 15
Other Global Various 4
Total Property     246
       
Total Discretionary Portfolio     7,171