AMREGO I SICAV Société d'investissement à Capital Variable with multiple compartments Luxembourg

Transcription

1 Unaudited semi-annual report AMREGO I SICAV Société d'investissement à Capital Variable with multiple compartments Luxembourg R.C.S. Luxembourg B

2 Notice The sole legally binding basis for the purchase shares the Company described in this report is the latest valid sales prospectus with its terms contract.

3 AMREGO I SICAV Contents Organisation... 3 General information... 5 Combined statement net assets... 6 AMREGO I SICAV - Proaktiv 75 PM... 7 Statement net assets... 7 Statement investments and other net assets... 8 Industrial and geographical classification investments... 9 AMREGO I SICAV - Proaktiv 80 PM Statement net assets Statement investments and other net assets Industrial and geographical classification investments AMREGO I SICAV - Proaktiv 75 S Statement net assets Statement investments and other net assets Industrial and geographical classification investments AMREGO I SICAV - Proaktiv 80 S Statement net assets Statement investments and other net assets Industrial and geographical classification investments AMREGO I SICAV - Proaktiv 85 S Statement net assets Statement investments and other net assets Industrial and geographical classification investments AMREGO I SICAV - Proaktiv 90 S Statement net assets Statement investments and other net assets Industrial and geographical classification investments AMREGO I SICAV - Tillväxt Statement net assets Statement investments and other net assets Industrial and geographical classification investments AMREGO I SICAV - Proaktiv Statement net assets Statement investments and other net assets Industrial and geographical classification investments AMREGO I SICAV - Proaktiv Statement net assets Statement investments and other net assets Industrial and geographical classification investments AMREGO I SICAV - Proaktiv Statement net assets Statement investments and other net assets Industrial and geographical classification investments AMREGO I SICAV - Proaktiv Statement net assets Statement investments and other net assets

4 AMREGO I SICAV Contents (continued) Industrial and geographical classification investments AMREGO I SICAV - Tryghed Statement net assets Statement investments and other net assets Industrial and geographical classification investments AMREGO I SICAV - Contrarian Statement net assets Statement investments and other net assets Industrial and geographical classification investments Notes to the financial statements Additional information

5 AMREGO I SICAV Organisation Registered Office 1, rue Louvigny L-1946 Luxembourg Board Directors Chairman Carl-Adam HÖGBERG Söderberg & Partners Asset Management S.A. Luxembourg Directors Niklas VESTERLUND Söderberg & Partners Asset Management S.A. Luxembourg Henri STENGÅRD Mergers and Acquisitions PO Söderberg and Partner AB Sweden Management Company Söderberg & Partners Asset Management S.A.. 1, rue Louvigny L-1946 LUXEMBOURG Board Directors the Management Company Chairman Claes-Johan GEIJER Independent Management Consultant Directors Gustaf RENTZHOG Chief Executive Officer PO Söderberg and Partner AB Samuel KJELLBERG LINDFORS Head M&A PO Söderberg and Partner AB Fredrik WINGREN Senior Analyst Operational Excellence Söderberg & Partners Securities AB Day-to-day Managers Carl-Adam HÖGBERG, Conducting Officer Niklas VESTERLUND, Conducting Officer Promoter PO Söderberg and Partner AB Regeringsgatan 45 S Stockholm 3

6 AMREGO I SICAV Organisation (continued) Investment Manager Söderberg & Partners Asset Management S.A. 1, rue Louvigny L-1946 Luxembourg Depositary and Paying Agent Skandinaviska Enskilda Banken S.A. 4, rue Peternelchen L-2370 Howald Central Administration Agent SEB Fund Services S.A. 4, rue Peternelchen L-2370 Howald Administration Agent, Registrar and Transfer Agent European Fund Administration S.A. 2, rue d'alsace L-1122 Luxembourg Auditor PricewaterhouseCoopers, Société coopérative 2, rue Gerhard Mercator L-2182 Luxembourg Legal Advisors Arendt & Medernach 41A, avenue J.F. Kennedy L-2082 Luxembourg 4

7 AMREGO I SICAV General information AMREGO I SICAV (the "Company") is an open-ended collective investment company organised under Luxembourg law as a "société anonyme" qualifying as a "société d'investissement à capital variable". The Company is registered under Part I the amended Luxembourg Law 17th December 2010 (the "Law") concerning Undertakings for Collective Investment which implements Directive 2009/ 65/ EC into Luxembourg law. The Company is managed by SÖDERBERG & PARTNERS ASSET MANAGEMENT S.A. pursuant to chapter 15 the Law. The Company has been initially incorporated on 24th November 2011 for an unlimited period time. The articles incorporation have been published in the "Mémorial" on 4th February Publications made after 1st June 2016 are available on the new platform called "Recueil électronique des sociétés et associations ("RESA")" accessible through the website the RCS. At the date the financial statements, the Company is composed the following compartments: AMREGO I SICAV - Proaktiv 75 PM AMREGO I SICAV - Proaktiv 80 PM AMREGO I SICAV - Proaktiv 75 S AMREGO I SICAV - Proaktiv 80 S AMREGO I SICAV - Proaktiv 85 S AMREGO I SICAV - Proaktiv 90 S AMREGO I SICAV - Tillväxt 75 AMREGO I SICAV - Proaktiv 75 AMREGO I SICAV - Proaktiv 80 AMREGO I SICAV - Proaktiv 85 AMREGO I SICAV - Proaktiv 90 AMREGO I SICAV - Tryghed 75 AMREGO I SICAV - Contrarian 65 expressed in SEK expressed in SEK expressed in SEK expressed in SEK expressed in SEK expressed in SEK expressed in SEK expressed in SEK expressed in SEK expressed in SEK expressed in SEK expressed in DKK expressed in SEK. At the date the financial statements, the following Share Classes were subscribed: - Accumulation A ("Class A") in DKK and SEK restricted to institutional investors. - Accumulation B ("Class B") in SEK restricted to institutional investors. - Accumulation C ("Class C") in SEK restricted to institutional investors. Copies the Articles, the current Prospectus, the KIID for the Compartments and the latest financial reports may be obtained free charge during normal fice hours at the registered fice the Company in Luxembourg, as well as on 5

8 AMREGO I SICAV Combined statement net assets Assets Securities portfolio at market value 44,872,371, Cash at banks 1,907,823, Other liquid assets 1,909,162, Receivable on sales securities 582,790, Receivable on issues shares 77,512, Income receivable on portfolio 12,305, Other income receivable 19,994, Advances for purchases securities 364,500, Other receivables 331,152, Total assets 50,077,613, Liabilities Bank overdrafts 330,675, Payable on purchases securities 1,219,766, Payable on redemptions shares 20,085, Unrealised loss on futures contracts 136,076, Expenses payable 65,817, Total liabilities 1,772,421, Net assets at the end the period 48,305,192, The accompanying notes are an integral part these financial statements. 6

9 AMREGO I SICAV - Proaktiv 75 PM Statement net assets Assets Securities portfolio at market value 1,894,589, Cash at banks 63,524, Other liquid assets 110,042, Receivable on issues shares 2,338, Income receivable on portfolio 250, Other income receivable 815, Other receivables 54, Total assets 2,071,615, Liabilities Unrealised loss on futures contracts 9,719, Expenses payable 2,589, Total liabilities 12,309, Net assets at the end the period 2,059,306, Breakdown net assets per Share class Number shares Currency NAV per share in currency Net assets per A 10,572, SEK ,028,277, B 243, SEK ,293, C 5, SEK , ,059,306, The accompanying notes are an integral part these financial statements. 7

10 AMREGO I SICAV - Proaktiv 75 PM Statement investments and other net assets Currency Number / nominal value Description Cost Market value % total net assets Investments in securities Open-ended investment funds Investment funds (UCITS) SEK 1,292, Handelsbanken Europafond Index A1 SEK Cap 111,433, ,615, SEK 645, Handelsbanken Fds MSCI Emerging Markets Idx AI SEK 80,819, ,897, Cap SEK 10, Handelsbanken Sverigefond Idx SEK Cap 85,725, ,199, SEK 533, Handelsbanken USA Index Units Cap 127,262, ,905, SEK 1,459, Spiltan Rantefond Sverige Units Cap 171,778, ,482, SEK 434, SPP Aktiefond Japan Units Dist 23,499, ,706, SEK 919, SPP Aktifond USA Units Cap 144,812, ,374, SEK 238, Swedbank Robur Access Asien Units Cap 38,540, ,687, SEK 91, Swedbank Robur Access Europa Cap 12,000, ,499, SEK 598, Swedbank Robur Access Japan Cap 77,999, ,853, SEK 813, Swedbank Robur Access Sverige Units Cap 121,120, ,344, SEK 114, Swedbank Robur Access USA Cap 29,000, ,062, SEK 324, Swedbk Robur Penningmrknadsfd Units Dist 33,030, ,865, SEK 695, Öhman Etisk Index Europa Uts Dist 71,823, ,000, SEK 376, Öhman Etisk Index Japan Uts Dist 28,694, ,492, SEK 511, Öhman Etisk Index Sverige A Cap 99,266, ,015, SEK 606, Öhman Etisk Index USA Fd Uts Cap 115,711, ,479, Total investment funds (UCITS) 1,372,517, ,747,483, Exchange traded funds (UCITS) EUR 26,711 Lyxor Index Fd Core Stoxx Europe 600 (DR) Ucits ETF Cap 37,884, ,603, SEK 220,000 XACT OMXS30 Cap 35,043, ,311, USD 138,000 Vanguard Fds Plc S&P500 UCITS ETF USD Dist 49,295, ,190, Total exchange traded funds (UCITS) 122,223, ,105, Total investments in secu rities 1,494,741, ,894,589, Cash at banks 63,524, Other net assets/ (liabilities) 101,192, Total 2,059,306, The accompanying notes are an integral part these financial statements. 8

11 AMREGO I SICAV - Proaktiv 75 PM Industrial and geographical classification investments Industrial classification (in percentage net assets) Investm ent fu nd s % Total % Geographical classification (by domicile the issuer) (in percentage net assets) Sw ed en % Luxembourg 6.87 % Ireland 3.12 % Total % 9

12 AMREGO I SICAV - Proaktiv 80 PM Statement net assets Assets Securities portfolio at market value 3,689,917, Cash at banks 60,394, Other liquid assets 151,343, Receivable on sales securities 34,314, Receivable on issues shares 196, Income receivable on portfolio 599, Other income receivable 1,428, Other receivables 109, Total assets 3,938,302, Liabilities Payable on redemptions shares 408, Unrealised loss on futures contracts 8,440, Expenses payable 4,945, Total liabilities 13,793, Net assets at the end the period 3,924,508, Breakdown net assets per Share class Number shares Currency NAV per share in currency Net assets per A 23,060, SEK ,904,844, B 163, SEK ,663, ,924,508, The accompanying notes are an integral part these financial statements. 10

13 AMREGO I SICAV - Proaktiv 80 PM Statement investments and other net assets Currency Number / nominal value Description Cost Market value % total net assets Investments in securities Open-ended investment funds Investment funds (UCITS) SEK 1,702, Handelsbank Kortranta Criteria A1 Dist 177,568, ,705, SEK 1,920, Handelsbanken Europafond Index A1 SEK Cap 158,236, ,325, SEK 1,125, Handelsbanken Fds MSCI Emerging Markets Idx AI SEK 150,013, ,198, Cap SEK 18, Handelsbanken Sverigefond Idx SEK Cap 149,960, ,258, SEK 895, Handelsbanken USA Index Units Cap 222,809, ,914, SEK 41, Nordea Swedish Instl SD Bd Fd Dist 50,000, ,987, SEK 1,164, Salusansvar Ohman Penningmarknadsfond Units Dist 113,684, ,154, SEK 2,911, Spiltan Rantefond Sverige Units Cap 333,286, ,150, SEK 1,222, SPP Aktiefond Japan Units Dist 78,400, ,665, SEK 1,477, SPP Aktifond USA Units Cap 215,180, ,482, SEK 383, Swedbank Robur Access Asien Units Cap 67,601, ,384, SEK 341, Swedbank Robur Access Europa Cap 45,000, ,871, SEK 477, Swedbank Robur Access Japan Cap 61,999, ,110, SEK 1,311, Swedbank Robur Access Sverige Units Cap 196,152, ,655, SEK 390, Swedbank Robur Access USA Cap 100,000, ,423, SEK 1,005, Swedbk Robur Penningmrknadsfd Units Dist 102,314, ,802, SEK 1,106, Öhman Etisk Index Europa Uts Dist 112,324, ,414, SEK 356, Öhman Etisk Index Japan Uts Dist 28,649, ,157, SEK 828, Öhman Etisk Index Sverige A Cap 167,388, ,901, SEK 1,105, Öhman Etisk Index USA Fd Uts Cap 210,828, ,025, Total investment funds (UCITS) 2,741,401, ,367,590, Exchange traded funds (UCITS) EUR 50,084 Lyxor Index Fd Core Stoxx Europe 600 (DR) Ucits ETF Cap 71,034, ,008, SEK 390,000 XACT OMXS30 Cap 62,154, ,234, USD 105,000 ishares III Plc Core MSCI Japan IMI UCITS ETF Cap 32,119, ,002, USD 70,000 Vanguard Fds Plc FTSE Emerging Markets UCITS ETF Dist 30,417, ,725, USD 205,000 Vanguard Fds Plc S&P500 UCITS ETF USD Dist 73,729, ,355, ,265, ,084, Total exchange traded funds (UCITS) 269,454, ,326, Total investments in securities 3,010,855, ,689,917, Cash at banks 60,394, Other net assets/ (liabilities) 174,197, Total 3,924,508, The accompanying notes are an integral part these financial statements. 11

14 AMREGO I SICAV - Proaktiv 80 PM Industrial and geographical classification investments Industrial classification (in percentage net assets) Investm ent fu nd s % Total % Geographical classification (by domicile the issuer) (in percentage net assets) Sw ed en % Luxembourg 6.43 % Ireland 4.36 % Finland 1.27 % Total % 12

15 AMREGO I SICAV - Proaktiv 75 S Statement net assets Assets Securities portfolio at market value 5,889,797, Cash at banks 306,219, Other liquid assets 342,846, Receivable on sales securities 187,429, Receivable on issues shares 426, Income receivable on portfolio 2,034, Other income receivable 4,646, Advances for purchases securities 200,000, Other receivables 326, Total assets 6,933,725, Liabilities Bank overdrafts 6, Payable on purchases securities 266,132, Payable on redemptions shares 1,441, Unrealised loss on futures contracts 25,267, Expenses payable 9,575, Total liabilities 302,424, Net assets at the end the period 6,631,300, Breakdown net assets per Share class Number shares Currency NAV per share in currency Net assets per A 37,757, SEK ,401,667, C 1,655, SEK ,632, ,631,300, The accompanying notes are an integral part these financial statements. 13

16 AMREGO I SICAV - Proaktiv 75 S Statement investments and other net assets Currency Number / nominal value Description Cost Market value % total net assets Investments in securities Open-ended investment funds Investment funds (UCITS) EUR 183, JPMorgan Fds Europe Sustainable Equity JPM X EUR Cap 190,233, ,611, EUR 408, Threadneedle (Lux) Pan Eur Small Cap Opp IE Cap 143,011, ,685, ,244, ,297, GBP 415, Morgan Stanley Fds (UK) US Advantage F GBP Cap 65,604, ,249, JPY 275, Janus Henderson Horizon Fd Japanese Smaller Co I2 Cap 117,171, ,172, SEK 590, C WorldWide Sweden 1A Cap 149,999, ,748, SEK 1,089, Handelsbank Kortranta Criteria A1 Dist 113,842, ,736, SEK 439, Handelsbanken Fds MSCI Emerging Markets Idx AI SEK 70,000, ,962, Cap SEK 149, Nordea Swedish Instl SD Bd Fd Dist 180,999, ,955, SEK 2,324, ODIN Sverige A Cap 335,000, ,182, SEK 1,079, Simplicity Likviditet Units Dist 118,442, ,753, SEK 1,099, Skandia Asien Cap 440,000, ,597, SEK 2,533, Skandia Nordamerika Exponering Units Cap 453,725, ,794, SEK 3,188, Skandia Sverige Exponering Units A Cap 461,150, ,030, SEK 2,151, Spiltan Rantefond Sverige Units Cap 250,890, ,714, SEK 300, SPP Aktifond Sverige A 87,999, ,629, SEK 3,043, SPP Aktifond USA Units Cap 705,999, ,260, SEK 1,385, Swedbank Robur Access Europa Cap 190,000, ,229, SEK 534, Swedbank Robur Access Japan Cap 74,999, ,927, ,633,050, ,917,523, USD 781, Fidelity Fds SICAV Latin America I Cap 67,457, ,631, USD 304, JPMorgan Fds US Small Cap Growth I2 Cap 259,447, ,975, ,904, ,606, Total investment funds (UCITS) 4,475,975, ,852,849, Exchange traded funds (UCITS) EUR 124,568 Lyxor Index Fd Core Stoxx Europe 600 (DR) Ucits ETF Cap 176,674, ,020, SEK 1,520,000 XACT OMXS30 Cap 237,467, ,425, USD 205,000 ishares III Plc Core MSCI Japan IMI UCITS ETF Cap 65,908, ,100, USD 130,000 Vanguard Fds Plc FTSE Emerging Markets UCITS ETF Dist 52,765, ,347, USD 888,000 Vanguard Fds Plc S&P500 UCITS ETF USD Dist 324,948, ,053, ,623, ,501, Total exchange traded funds (UCITS) 857,766, ,036,947, Total investments in securities 5,333,741, ,889,797, Cash at banks 306,219, Bank overdrafts -6, Other net assets/ (liabilities) 435,290, Total 6,631,300, The accompanying notes are an integral part these financial statements. 14

17 AMREGO I SICAV - Proaktiv 75 S Industrial and geographical classification investments Industrial classification (in percentage net assets) Investm ent fu nd s % Total % Geographical classification (by domicile the issuer) (in percentage net assets) Sw ed en % Lu xem bou rg % Ireland 8.41 % N orw ay 5.02 % Finland 2.73 % United Kingd om 1.00 % Total % 15

18 AMREGO I SICAV - Proaktiv 80 S Statement net assets Assets Securities portfolio at market value 4,290,789, Cash at banks 224,956, Other liquid assets 202,312, Receivable on sales securities 152,804, Receivable on issues shares 789, Income receivable on portfolio 1,339, Other income receivable 2,995, Advances for purchases securities 110,000, Other receivables 249, Total assets 4,986,237, Liabilities Bank overdrafts 3, Payable on purchases securities 151,333, Payable on redemptions shares 2,920, Unrealised loss on futures contracts 13,732, Expenses payable 6,791, Total liabilities 174,780, Net assets at the end the period 4,811,457, Breakdown net assets per Share class Number shares Currency NAV per share in currency Net assets per A 30,451, SEK ,715,039, C 739, SEK ,417, ,811,457, The accompanying notes are an integral part these financial statements. 16

19 AMREGO I SICAV - Proaktiv 80 S Statement investments and other net assets Currency Number / nominal value Description Cost Market value % total net assets Investments in securities Open-ended investment funds Investment funds (UCITS) EUR 168, JPMorgan Fds Europe Sustainable Equity JPM X EUR Cap 173,745, ,286, EUR 267, Threadneedle (Lux) Pan Eur Small Cap Opp IE Cap 94,319, ,603, ,065, ,890, GBP 259, Morgan Stanley Fds (UK) US Advantage F GBP Cap 41,369, ,333, JPY 179, Janus Henderson Horizon Fd Japanese Smaller Co I2 Cap 75,529, ,886, SEK 433, C WorldWide Sweden 1A Cap 109,999, ,227, SEK 1,187, Handelsbank Kortranta Criteria A1 Dist 123,787, ,940, SEK 790, Lannebo Likviditetsfond Units Cap 89,489, ,836, SEK 90, Nordea Swedish Instl SD Bd Fd Dist 110,000, ,963, SEK 1,232, ODIN Sverige A Cap 177,999, ,597, SEK 2,801, Simplicity Likviditet Units Dist 305,596, ,643, SEK 504, Skandia Asien Cap 203,683, ,193, SEK 1,960, Skandia Nordamerika Exponering Units Cap 361,803, ,991, SEK 2,126, Skandia Sverige Exponering Units A Cap 326,531, ,815, SEK 3,007, Spiltan Rantefond Sverige Units Cap 345,544, ,823, SEK 2,117, SPP Aktifond USA Units Cap 490,999, ,606, SEK 801, Swedbank Robur Access Europa Cap 110,000, ,074, SEK 393, Swedbank Robur Access Japan Cap 55,000, ,419, ,810,435, ,005,133, USD 509, Fidelity Fds SICAV Latin America I Cap 43,780, ,416, USD 190, JPMorgan Fds US Small Cap Growth I2 Cap 162,072, ,987, ,852, ,403, Total investment funds (UCITS) 3,401,253, ,656,647, Exchange traded funds (UCITS) EUR 56,505 Lyxor Index Fd Core Stoxx Europe 600 (DR) Ucits ETF Cap 80,141, ,009, SEK 1,020,000 XACT OMXS30 Cap 162,119, ,535, USD 110,000 ishares III Plc Core MSCI Japan IMI UCITS ETF Cap 34,427, ,907, USD 95,000 Vanguard Fds Plc FTSE Emerging Markets UCITS ETF Dist 38,993, ,484, USD 568,000 Vanguard Fds Plc S&P500 UCITS ETF USD Dist 214,804, ,205, ,226, ,597, Total exchange traded funds (UCITS) 530,486, ,142, Total investments in securities 3,931,739, ,290,789, Cash at banks 224,956, Bank overdrafts -3, Other net assets/ (liabilities) 295,714, Total 4,811,457, The accompanying notes are an integral part these financial statements. 17

20 AMREGO I SICAV - Proaktiv 80 S Industrial and geographical classification investments Industrial classification (in percentage net assets) Investm ent fu nd s % Total % Geographical classification (by domicile the issuer) (in percentage net assets) Sw ed en % Lu xem bou rg % Ireland 7.37 % N orw ay 3.67 % Finland 2.28 % United Kingd om 0.86 % Total % 18

21 AMREGO I SICAV - Proaktiv 85 S Statement net assets Assets Securities portfolio at market value 1,835,614, Cash at banks 208,652, Other liquid assets 65,913, Receivable on issues shares 1,790, Income receivable on portfolio 414, Other income receivable 1,019, Other receivables 77, Total assets 2,113,482, Liabilities Payable on purchases securities 12,990, Payable on redemptions shares 1,971, Unrealised loss on futures contracts 4,986, Expenses payable 2,858, Total liabilities 22,807, Net assets at the end the period 2,090,675, Breakdown net assets per Share class Number shares Currency NAV per share in currency Net assets per A 14,588, SEK ,022,857, C 556, SEK ,817, ,090,675, The accompanying notes are an integral part these financial statements. 19

22 AMREGO I SICAV - Proaktiv 85 S Statement investments and other net assets Currency Number / nominal value Description Cost Market value % total net assets Investments in securities Open-ended investment funds Investment funds (UCITS) EUR 69, JPMorgan Fds Europe Sustainable Equity JPM X EUR Cap 71,935, ,980, EUR 88, Threadneedle (Lux) Pan Eur Small Cap Opp IE Cap 30,915, ,664, ,850, ,644, GBP 81, Morgan Stanley Fds (UK) US Advantage F GBP Cap 12,886, ,013, JPY 55, Janus Henderson Horizon Fd Japanese Smaller Co I2 Cap 23,368, ,033, SEK 109, C WorldWide Sweden 1A Cap 27,999, ,551, SEK 1,212, Handelsbank Kortranta Criteria A1 Dist 126,105, ,497, SEK 87, Handelsbanken Fds MSCI Emerging Markets Idx AI SEK 14,000, ,592, Cap SEK 1,172, Lannebo Likviditetsfond Units Cap 133,066, ,808, SEK 86, Nordea Swedish Instl SD Bd Fd Dist 104,999, ,964, SEK 459, ODIN Sverige A Cap 67,000, ,868, SEK 1,972, Simplicity Likviditet Units Dist 213,280, ,783, SEK 164, Skandia Asien Cap 66,986, ,929, SEK 542, Skandia Nordamerika Exponering Units Cap 99,365, ,217, SEK 790, Skandia Sverige Exponering Units A Cap 122,004, ,928, SEK 1,774, Spiltan Rantefond Sverige Units Cap 203,702, ,870, SEK 432, SPP Aktifond USA Units Cap 99,999, ,724, SEK 321, Swedbank Robur Access Europa Cap 44,000, ,089, SEK 198, Swedbank Robur Access Japan Cap 28,000, ,403, ,350,512, ,418,228, USD 160, Fidelity Fds SICAV Latin America I Cap 14,045, ,657, USD 63, JPMorgan Fds US Small Cap Growth I2 Cap 53,670, ,663, ,715, ,321, Total investment funds (UCITS) 1,557,334, ,645,240, Exchange traded funds (UCITS) EUR 26,968 Lyxor Index Fd Core Stoxx Europe 600 (DR) Ucits ETF Cap 38,248, ,003, SEK 210,000 XACT OMXS30 Cap 33,833, ,433, USD 30,000 ishares III Plc Core MSCI Japan IMI UCITS ETF Cap 8,647, ,429, USD 27,000 Vanguard Fds Plc FTSE Emerging Markets UCITS ETF Dist 11,560, ,779, USD 180,000 Vanguard Fds Plc S&P500 UCITS ETF USD Dist 64,433, ,727, ,641, ,936, Total exchange traded funds (UCITS) 156,723, ,374, Total investments in securities 1,714,057, ,835,614, Cash at banks 208,652, Other net assets/ (liabilities) 46,408, Total 2,090,675, The accompanying notes are an integral part these financial statements. 20

23 AMREGO I SICAV - Proaktiv 85 S Industrial and geographical classification investments Industrial classification (in percentage net assets) Investm ent fu nd s % Total % Geographical classification (by domicile the issuer) (in percentage net assets) Sw ed en % Lu xem bou rg % Ireland 5.22 % Finland 5.02 % N orw ay 3.15 % United Kingd om 0.62 % Total % 21

24 AMREGO I SICAV - Proaktiv 90 S Statement net assets Assets Securities portfolio at market value 738,404, Cash at banks 42,771, Other liquid assets 16,332, Receivable on sales securities 45,382, Receivable on issues shares 5,245, Income receivable on portfolio 89, Other income receivable 303, Advances for purchases securities 54,500, Other receivables 30, Total assets 903,058, Liabilities Payable on purchases securities 58,042, Unrealised loss on futures contracts 1,192, Expenses payable 978, Total liabilities 60,213, Net assets at the end the period 842,844, Breakdown net assets per Share class Number shares Currency NAV per share in currency Net assets per A 6,613, SEK ,468, C 205, SEK ,376, ,844, The accompanying notes are an integral part these financial statements. 22

25 AMREGO I SICAV - Proaktiv 90 S Statement investments and other net assets Currency Number / nominal value Description Cost Market value % total net assets Investments in securities Open-ended investment funds Investment funds (UCITS) EUR 20, JPMorgan Fds Europe Sustainable Equity JPM X EUR Cap 20,577, ,704, EUR 18,663.5 Threadneedle (Lux) Pan Eur Small Cap Opp IE Cap 6,577, ,589, ,155, ,294, GBP 22, Morgan Stanley Fds (UK) US Advantage F GBP Cap 3,545, ,542, JPY 11, Janus Henderson Horizon Fd Japanese Smaller Co I2 Cap 4,904, ,722, SEK 29, C WorldWide Sweden 1A Cap 7,499, ,379, SEK 900, Handelsbank Kortranta Criteria A1 Dist 93,845, ,957, SEK 25, Handelsbanken Fds MSCI Emerging Markets Idx AI SEK 4,000, ,883, Cap SEK 645, Lannebo Likviditetsfond Units Cap 73,350, ,255, SEK 49, Nordea Swedish Instl SD Bd Fd Dist 59,999, ,979, SEK 137, ODIN Sverige A Cap 20,000, ,708, SEK 968, Simplicity Likviditet Units Dist 104,375, ,365, SEK 52, Skandia Asien Cap 20,999, ,784, SEK 150, Skandia Nordamerika Exponering Units Cap 29,110, ,466, SEK 210, Skandia Sverige Exponering Units A Cap 32,467, ,004, SEK 851, Spiltan Rantefond Sverige Units Cap 96,081, ,615, SEK 15, SPP Aktifond Sverige A 4,500, ,500, SEK 214, SPP Aktifond USA Units Cap 49,999, ,999, SEK 84, Swedbank Robur Access Europa Cap 11,499, ,530, SEK 63, Swedbank Robur Access Japan Cap 9,000, ,808, ,732, ,239, USD 42, Fidelity Fds SICAV Latin America I Cap 3,686, ,585, USD 17, JPMorgan Fds US Small Cap Growth I2 Cap 15,306, ,813, ,993, ,398, Total investment funds (UCITS) 671,331, ,196, Exchange traded funds (UCITS) EUR 3,724 Lyxor Index Fd Core Stoxx Europe 600 (DR) Ucits ETF Cap 5,281, ,800, SEK 50,000 XACT OMXS30 Cap 7,887, ,389, USD 8,000 ishares III Plc Core MSCI Japan IMI UCITS ETF Cap 2,305, ,047, USD 6,000 Vanguard Fds Plc FTSE Emerging Markets UCITS ETF Dist 2,608, ,062, USD 38,500 Vanguard Fds Plc S&P500 UCITS ETF USD Dist 13,659, ,908, ,573, ,018, Total exchange traded funds (UCITS) 31,743, ,207, Total investments in securities 703,074, ,404, Cash at banks 42,771, Other net assets/ (liabilities) 61,669, Total 842,844, The accompanying notes are an integral part these financial statements. 23

26 AMREGO I SICAV - Proaktiv 90 S Industrial and geographical classification investments Industrial classification (in percentage net assets) Investm ent fu nd s % Total % Geographical classification (by domicile the issuer) (in percentage net assets) Sw ed en % Luxembourg 8.62 % Finland 7.12 % Ireland 2.84 % N orw ay 2.34 % United Kingd om 0.42 % Total % 24

27 AMREGO I SICAV - Tillväxt 75 Statement net assets Assets Securities portfolio at market value 780,326, Cash at banks 14,272, Other liquid assets 39,358, Receivable on issues shares 30, Income receivable on portfolio 527, Other income receivable 278, Other receivables 14, Total assets 834,808, Liabilities Payable on redemptions shares 733, Unrealised loss on futures contracts 5,020, Expenses payable 1,218, Total liabilities 6,971, Net assets at the end the period 827,836, Breakdown net assets per Share class Number shares Currency NAV per share in currency Net assets per A 3,439, SEK ,079, B 359, SEK ,757, ,836, The accompanying notes are an integral part these financial statements. 25

28 AMREGO I SICAV - Tillväxt 75 Statement investments and other net assets Currency Number / nominal value Description Cost Market value % total net assets Investments in securities Open-ended investment funds Investment funds (UCITS) SEK 1,044, Handelsbanken Fds Russia Shares A SEK Cap 72,600, ,704, SEK 461, Handelsbanken Kinafond A1 Cap 70,323, ,494, SEK 241, Handelsbanken Latinamerikafond A1 SEK Cap 61,495, ,185, SEK 531, Lannebo Likviditetsfond Units Cap 60,549, ,155, SEK 219, Swedbk Robur Penningmrknadsfd Units Dist 22,365, ,253, ,333, ,793, USD 818, Fidelity Fds Asian Special Situations I Cap 88,215, ,780, USD 734, Fidelity Fds SICAV Greater China I USD Cap 56,438, ,802, USD 117, Franklin Templeton Inv Fds India Fd I USD Cap 39,177, ,950, USD 37, JPMorgan Fds Emerging Markets Small Cap I USD Cap 35,579, ,066, USD 53, UBS (Lux) Equity Fd China Opp IA1 USD Cap 51,215, ,253, ,625, ,853, Total investment funds (UCITS) 557,959, ,647, Exchange traded funds (UCITS) USD 162,000 Vanguard Fds Plc FTSE Emerging Markets UCITS ETF Dist 63,570, ,679, Total exchange traded funds (UCITS) 63,570, ,679, Total investments in securities 621,530, ,326, Cash at banks 14,272, Other net assets/ (liabilities) 33,237, Total 827,836, The accompanying notes are an integral part these financial statements. 26

29 AMREGO I SICAV - Tillväxt 75 Industrial and geographical classification investments Industrial classification (in percentage net assets) Investm ent fu nd s % Total % Geographical classification (by domicile the issuer) (in percentage net assets) Lu xem bou rg % Sw ed en % Ireland 9.99 % Total % 27

30 AMREGO I SICAV - Proaktiv 75 Statement net assets Assets Securities portfolio at market value 10,363,316, Cash at banks 238,791, Other liquid assets 511,638, Receivable on issues shares 14,404, Income receivable on portfolio 3,393, Other income receivable 3,891, Other receivables 188,638, Total assets 11,324,074, Liabilities Bank overdrafts 188,951, Payable on purchases securities 218,474, Payable on redemptions shares 5,922, Unrealised loss on futures contracts 34,354, Expenses payable 15,716, Total liabilities 463,419, Net assets at the end the period 10,860,654, Breakdown net assets per Share class Number shares Currency NAV per share in currency Net assets per A 57,662, SEK ,512,658, B 2,646, SEK ,388, C 635, SEK ,608, ,860,654, The accompanying notes are an integral part these financial statements. 28

31 AMREGO I SICAV - Proaktiv 75 Statement investments and other net assets Currency Number / nominal value Description Cost Market value % total net assets Investments in securities Open-ended investment funds Investment funds (UCITS) EUR 2,203, JPMorgan Fds Europe Equity JPM X EUR Cap 569,986, ,814, EUR 472, JPMorgan Fds Europe Sustainable Equity JPM X EUR Cap 468,422, ,795, EUR 352,719.4 Schroder Intl Sel Fd Emerging Europe A Cap 107,973, ,640, EUR 661, Threadneedle (Lux) Pan Eur Small Cap Opp IE Cap 225,046, ,103, ,371,429, ,528,353, GBP 3,343, Morgan Stanley Fds (UK) US Advantage F GBP Cap 535,347, ,632, JPY 369, Janus Henderson Horizon Fd Japanese Smaller Co I2 Cap 162,870, ,899, SEK 493, C WorldWide Sweden 1A Cap 120,999, ,465, SEK 2,572, Handelsbank Kortranta Criteria A1 Dist 268,579, ,404, SEK 408, Handelsbanken Latinamerikafond A1 SEK Cap 110,082, ,512, SEK 45, Handelsbanken Sverigefond Idx SEK Cap 404,470, ,664, SEK 3,054, Handelsbanken USA Index Units Cap 793,716, ,063,683, SEK 500 JPMorgan Fds Managed Reserves I SEK Cap 42,675, ,019, SEK 1,968, Lannebo Likviditetsfond Units Cap 224,685, ,348, SEK 16,340, Lannebo Sverige Plus SEK Cap 605,774, ,411, SEK 194, Nordea Swedish Instl SD Bd Fd Dist 235,000, ,939, SEK 2,219, ODIN Sverige A Cap 301,022, ,180, SEK 204, Ohman Sweden Micro Cap SEK Cap 152,879, ,975, SEK 1,886, Spiltan Rantefond Sverige Units Cap 220,000, ,414, SEK 4,680, SPP Aktifond USA Units Cap 872,271, ,090,902, ,352,158, ,199,921, USD 4,478, Fidelity Fds Asian Special Situations I Cap 482,395, ,412, USD 137, JPMorgan Fds Emerging Markets Small Cap I USD Cap 140,237, ,088, USD 81, JPMorgan Fds US Small Cap Growth I2 Cap 69,939, ,284, USD 170, JPMorgan Fds US Smaller Co I Acc USD Cap 201,809, ,637, USD 77,031.7 Schroder Intl Select Fd SICAV US Sm & Mid Cap Equity A 200,023, ,648, Cap USD 2,030, T.Rowe Price Fds SICAV Japan Equity I Cap 226,093, ,443, USD 201, T.Rowe Price Fds SICAV US Large Cap Gh Equity I Cap 84,769, ,997, ,405,269, ,527,512, Total investment funds (UCITS) 7,827,074, ,970,319, The accompanying notes are an integral part these financial statements. 29

32 AMREGO I SICAV - Proaktiv 75 Statement investments and other net assets (continued) Currency Number / nominal value Description Cost Market value % total net assets Exchange traded funds (UCITS) EUR 63,183 Lyxor Index Fd Core Stoxx Europe 600 (DR) Ucits ETF Cap 89,612, ,410, SEK 1,551,000 XACT OMXS30 Cap 239,118, ,246, USD 525,000 ishares III Plc Core MSCI Japan IMI UCITS ETF Cap 173,657, ,012, USD 206,000 Vanguard Fds Plc FTSE Emerging Markets UCITS ETF Dist 81,218, ,135, USD 1,501,000 Vanguard Fds Plc S&P500 UCITS ETF USD Dist 544,808, ,190, ,684, ,003,339, Total exchange traded funds (UCITS) 1,128,415, ,392,996, Total investments in securities 8,955,489, ,363,316, Cash at banks 238,791, Bank overdrafts -188,951, Other net assets/ (liabilities) 447,498, Total 10,860,654, The accompanying notes are an integral part these financial statements. 30

33 AMREGO I SICAV - Proaktiv 75 Industrial and geographical classification investments Industrial classification (in percentage net assets) Investm ent fu nd s % Total % Geographical classification (by domicile the issuer) (in percentage net assets) Sw ed en % Lu xem bou rg % Ireland 9.24 % United Kingd om 4.91 % N orw ay 2.93 % Finland 2.16 % Total % 31

34 AMREGO I SICAV - Proaktiv 80 Statement net assets Assets Securities portfolio at market value 7,447,088, Cash at banks 168,464, Other liquid assets 241,815, Receivable on sales securities 79,817, Receivable on issues shares 15,661, Income receivable on portfolio 1,938, Other income receivable 2,661, Other receivables 106,159, Total assets 8,063,607, Liabilities Bank overdrafts 106,285, Payable on purchases securities 168,875, Payable on redemptions shares 4,427, Unrealised loss on futures contracts 12,348, Expenses payable 10,922, Total liabilities 302,859, Net assets at the end the period 7,760,748, Breakdown net assets per Share class Number shares Currency NAV per share in currency Net assets per A 45,690, SEK ,585,869, B 1,630, SEK ,438, C 48, SEK ,440, ,760,748, The accompanying notes are an integral part these financial statements. 32

35 AMREGO I SICAV - Proaktiv 80 Statement investments and other net assets Currency Number / nominal value Description Cost Market value % total net assets Investments in securities Open-ended investment funds Investment funds (UCITS) EUR 990, JPMorgan Fds Europe Equity JPM X EUR Cap 255,136, ,774, EUR 472, JPMorgan Fds Europe Sustainable Equity JPM X EUR Cap 468,422, ,795, EUR 190, Schroder Intl Sel Fd Emerging Europe A Cap 59,452, ,056, EUR 419, Threadneedle (Lux) Pan Eur Small Cap Opp IE Cap 142,893, ,393, ,904, ,027,020, GBP 2,516,568.5 Morgan Stanley Fds (UK) US Advantage F GBP Cap 403,147, ,602, JPY 261, Janus Henderson Horizon Fd Japanese Smaller Co I2 Cap 116,465, ,957, SEK 479, C WorldWide Sweden 1A Cap 119,999, ,858, SEK 4,235, Handelsbank Kortranta Criteria A1 Dist 442,417, ,981, SEK 248, Handelsbanken Latinamerikafond A1 SEK Cap 66,965, ,097, SEK 27, Handelsbanken Sverigefond Idx SEK Cap 250,081, ,437, SEK 2,211, Handelsbanken USA Index Units Cap 595,269, ,292, SEK 500 JPMorgan Fds Managed Reserves I SEK Cap 42,676, ,019, SEK 2,114, Lannebo Likviditetsfond Units Cap 240,922, ,075, SEK 9,778, Lannebo Sverige Plus SEK Cap 359,410, ,800, SEK 66, Nordea Swedish Instl SD Bd Fd Dist 80,000, ,967, SEK 1,415, ODIN Sverige A Cap 190,000, ,896, SEK 142, Ohman Sweden Micro Cap SEK Cap 106,732, ,501, SEK 1,259, Spiltan Rantefond Sverige Units Cap 150,000, ,150, SEK 3,029, SPP Aktifond USA Units Cap 560,942, ,165, SEK 3,494, SPP Penningmarknadsfond 415,552, ,836, ,620,970, ,159,081, USD 2,816, Fidelity Fds Asian Special Situations I Cap 304,287, ,960, USD 60, JPMorgan Fds Emerging Markets Small Cap I USD Cap 63,074, ,030, USD 61, JPMorgan Fds US Small Cap Growth I2 Cap 52,450, ,265, USD 133, JPMorgan Fds US Smaller Co I Acc USD Cap 157,875, ,903, USD 48, Schroder Intl Select Fd SICAV US Sm & Mid Cap Equity A 125,861, ,951, Cap USD 1,461, T.Rowe Price Fds SICAV Japan Equity I Cap 162,419, ,534, ,969, ,646, Total investment funds (UCITS) 5,932,459, ,654,309, The accompanying notes are an integral part these financial statements. 33

36 AMREGO I SICAV - Proaktiv 80 Statement investments and other net assets (continued) Currency Number / nominal value Description Cost Market value % total net assets Exchange traded funds (UCITS) EUR 43,663 Lyxor Index Fd Core Stoxx Europe 600 (DR) Ucits ETF Cap 61,927, ,007, SEK 935,000 XACT OMXS30 Cap 146,354, ,574, USD 250,000 ishares III Plc Core MSCI Japan IMI UCITS ETF Cap 77,865, ,244, USD 133,000 Vanguard Fds Plc FTSE Emerging Markets UCITS ETF Dist 52,015, ,878, USD 830,000 Vanguard Fds Plc S&P500 UCITS ETF USD Dist 295,474, ,074, ,354, ,197, Total exchange traded funds (UCITS) 633,636, ,779, Total investments in securities 6,566,095, ,447,088, Cash at banks 168,464, Bank overdrafts -106,285, Other net assets/ (liabilities) 251,480, Total 7,760,748, The accompanying notes are an integral part these financial statements. 34

37 AMREGO I SICAV - Proaktiv 80 Industrial and geographical classification investments Industrial classification (in percentage net assets) Investm ent fu nd s % Total % Geographical classification (by domicile the issuer) (in percentage net assets) Sw ed en % Lu xem bou rg % Ireland 7.07 % United Kingd om 5.17 % N orw ay 2.61 % Finland 1.03 % Total % 35

38 AMREGO I SICAV - Proaktiv 85 Statement net assets Assets Securities portfolio at market value 3,241,634, Cash at banks 237,021, Other liquid assets 73,838, Receivable on issues shares 11,419, Income receivable on portfolio 631, Other income receivable 960, Other receivables 35,397, Total assets 3,600,903, Liabilities Bank overdrafts 35,428, Payable on purchases securities 99,199, Payable on redemptions shares 2,226, Unrealised loss on futures contracts 4,427, Expenses payable 4,685, Total liabilities 145,967, Net assets at the end the period 3,454,935, Breakdown net assets per Share class Number shares Currency NAV per share in currency Net assets per A 23,099, SEK ,376,322, B 664, SEK ,192, C 96, SEK ,421, ,454,935, The accompanying notes are an integral part these financial statements. 36

39 AMREGO I SICAV - Proaktiv 85 Statement investments and other net assets Currency Number / nominal value Description Cost Market value % total net assets Investments in securities Open-ended investment funds Investment funds (UCITS) EUR 240, JPMorgan Fds Europe Sustainable Equity JPM X EUR Cap 238,820, ,067, EUR 68, Schroder Intl Sel Fd Emerging Europe A Cap 20,908, ,399, EUR 118, Threadneedle (Lux) Pan Eur Small Cap Opp IE Cap 39,996, ,803, ,724, ,270, GBP 843, Morgan Stanley Fds (UK) US Advantage F GBP Cap 134,019, ,595, JPY 78, Janus Henderson Horizon Fd Japanese Smaller Co I2 Cap 34,633, ,696, SEK 143, C WorldWide Sweden 1A Cap 35,999, ,100, SEK 2,119, Handelsbank Kortranta Criteria A1 Dist 221,580, ,150, SEK 80, Handelsbanken Latinamerikafond A1 SEK Cap 21,557, ,344, SEK 8, Handelsbanken Sverigefond Idx SEK Cap 78,000, ,368, SEK 658, Handelsbanken USA Index Units Cap 178,676, ,289, SEK 500 JPMorgan Fds Managed Reserves I SEK Cap 42,677, ,019, SEK 2,808, Lannebo Likviditetsfond Units Cap 319,226, ,837, SEK 2,874, Lannebo Sverige Plus SEK Cap 104,073, ,037, SEK 165, Nordea Swedish Instl SD Bd Fd Dist 200,000, ,925, SEK 452, ODIN Sverige A Cap 60,000, ,860, SEK 36, Ohman Sweden Micro Cap SEK Cap 27,387, ,264, SEK 2,582, Spiltan Rantefond Sverige Units Cap 300,000, ,054, SEK 1,065, SPP Aktifond USA Units Cap 195,000, ,376, SEK 1,663, SPP Penningmarknadsfond 197,608, ,493, ,981,787, ,165,122, USD 778,491.8 Fidelity Fds Asian Special Situations I Cap 84,390, ,325, USD 26, JPMorgan Fds Emerging Markets Small Cap I USD Cap 27,513, ,500, USD 35, JPMorgan Fds US Small Cap Growth I2 Cap 30,587, ,766, USD 31, JPMorgan Fds US Smaller Co I Acc USD Cap 37,220, ,828, USD 13, Schroder Intl Select Fd SICAV US Sm & Mid Cap Equity A 34,768, ,832, Cap USD 384, T.Rowe Price Fds SICAV Japan Equity I Cap 42,898, ,863, USD 30, T.Rowe Price Fds SICAV US Large Cap Gh Equity I Cap 13,122, ,445, ,502, ,561, Total investment funds (UCITS) 2,720,667, ,960,245, The accompanying notes are an integral part these financial statements. 37

40 AMREGO I SICAV - Proaktiv 85 Statement investments and other net assets (continued) Currency Number / nominal value Description Cost Market value % total net assets Exchange traded funds (UCITS) EUR 11,558 Lyxor Index Fd Core Stoxx Europe 600 (DR) Ucits ETF Cap 16,392, ,002, SEK 200,000 XACT OMXS30 Cap 31,919, ,556, USD 200,000 ishares III Plc Core MSCI Japan IMI UCITS ETF Cap 68,558, ,195, USD 38,000 Vanguard Fds Plc FTSE Emerging Markets UCITS ETF Dist 16,283, ,393, USD 280,000 Vanguard Fds Plc S&P500 UCITS ETF USD Dist 97,821, ,242, ,663, ,831, Total exchange traded funds (UCITS) 230,976, ,389, Total investments in securities 2,951,643, ,241,634, Cash at banks 237,021, Bank overdrafts -35,428, Other net assets/ (liabilities) 11,707, Total 3,454,935, The accompanying notes are an integral part these financial statements. 38