SICAV de droit français TIKEHAU INCOME CROSS ASSETS

Transcription

1 SICAV de droit français TIKEHAU INCOME CROSS ASSETS SEMI-ANNUAL REPORT On 29 june 2018 Fund Manager : Tikehau Investment Management Custodian : Caceis Bank Auditors : Ernst & Young Audit Tikehau Investment Management - 32 rue de Monceau Paris

2 STATEMENT OF NET ASSETS IN EUR Elements of Statement of Net Assets Semi-Annual Report Amounts* a) Eligible financial securities mentioned in paragraph 1 of section I of Article L of the French Monetary and Financial Code. 289,820, b) Cash at banks and liquidities 35,934, c) Other Assets held by the UCITS 159,288, d) Total of Assets held by the UCITS (lines a+b+c) 485,043, e) Liabilities -121,196, f) Net Asset Value (lines d+e= net asset of the UCITS) 363,847, * Amounts are signed NUMBER OF SHARES OUTSTANDING AND NET ASSET VALUE PER SHARE Share Share type Net Assets per share Number of shares outstanding Net asset value per share Tikehau Income Cross Assets I C 138,036, , Tikehau Income Cross Assets C C 35,639, , , TIKEHAU INCOME CROSS ASSETS F C 7,200, , Tikehau Income Cross Assets E C 29,507, , Tikehau Income Cross Assets P C 153,463, ,

3 ITEMS OF PORTFOLIO LISTING Items of portfolio listing Percentage Net Assets * Total Percentage of Assets ** A) Eligible financial securities and money market instruments admitted for trading on a regulated market pursuant to Article L of the French Monetary and Financial Code. and B) Eligible financial securities and money market instruments admitted for trading on another regulated market that is operating regularly, recognised, open to the public and whose registered offices are located in a European Union member state or in another state party to the agreement on the European Economic Area. C) Eligible financial securities and money market instruments officially listed on a stock exchange in a non-member state or traded on another regulated market in a non-member state that is operating regularly, recognised and open to the public, provided that this exchange or market does not appear on a list drawn up by the AMF or that the choice of this exchange or market is established by law, regulations, or the articles of association of the undertaking for collective investment in transferable securities D) Recently issued financial securities mentioned in paragraph 4 of section I of Article R of the French Monetary and Financial Code. E) Other assets: These are assets mentioned in section II of Article R of the French Monetary and Financial Code. * Please see point f) in the statement of asset ** Please see point d) in the statement assets 3

4 BREAKDOWN OF ASSETS IN A), B), C), D) OF THE SECURITIES PORTFOLIO, BY CURRENCY Securities In amount (EUR) Percentage of Net Assets * Percentage of Total Assets ** En-couronne suedoise SEK 7,234, En-franc suisse CHF 11,066, Euro EUR 135,392, United kingdom pounds GBP 26,674, Us dollar USD 108,981, TOTAL 289,820, * Please see point f) in the statement of asset ** Please see point d) in the statement assets 4

5 BREAKDOWN OF ASSETS IN A), B), C), D) OF THE SECURITIES PORTFOLIO, BY COUNTRY OF RESIDENCE OF ISSUER Country Percentage of Net Assets * Percentage of Total Assets ** Usa France United kingdom Spain Switzerland Netherlands Sweden TOTAL * Please see point f) in the statement of asset ** Please see point d) in the statement assets 5

6 BREAKDOWN OF OTHER ASSETS BY TYPE Type of assets Collective investment undertakings General-purpose UCITS and alternative investment funds intended for nonprofessionals and equivalents in other countries Other Funds intended for non-professionals and equivalents in other EU Member States General-purpose professional funds and equivalents in other EU Member States and listed securitisation entities Other professional investment funds and equivalents in other EU Member States and listed securitisation agencies Other non-european entities Other TOTAL * Please see point f) in the statement of asset ** Please see point d) in the statement assets Percentage Net Assets * Total Percentage of Assets ** 6

7 MOVEMENTS IN PORTFOLIO LISTING DURING THE PERIOD IN EUR Items of portfolio listing Movements (in amount) Acquisitions Transfers A) Eligible financial securities and money market instruments admitted for trading on a regulated market pursuant to Article L of the French Monetary and Financial Code. and B) Eligible financial securities and money market instruments admitted for trading on another regulated market that is operating regularly, recognised, open to the public and whose registered offices are located in a European Union member state or in another state party to the agreement on the European Economic Area. C) Eligible financial securities and money market instruments officially listed on a stock exchange in a non-member state or traded on another regulated market in a non-member state that is operating regularly, recognised and open to the public, provided that this exchange or market does not appear on a list drawn up by the AMF or that the choice of this exchange or market is established by law, regulations, or the articles of association of the undertaking for collective investment in transferable securities. 399,775, ,992, ,963, ,630, D) Recently issued financial securities mentioned in paragraph 4 of section I of Article R of the French Monetary and Financial Code. E) Other assets: These are assets mentioned in section II of Article R of the French Monetary and Financial Code. GENERAL INFORMATION Custodian : Caceis Bank place Valhubert Paris, France The itemised half-yearly asset statement is available within eight weeks of the end of the period. These may be obtained on request from the Management Company: Tikehau Investment Management - 32 rue de Monceau Paris, France 7

8 REGARDING FUNDS NOT GOVERNED BY THE SFTR - IN THE ACCOUNTING CURRENCY OF THE UCI (EUR) Over the course of the reporting period, the UCI was not involved in any transactions governed by the Securities Financing Transactions Regulation (SFTR). Semi-Annual Report on 06/29/18 8

9 PORTFOLIO LISTING ON 06/29/18 IN EUR Name of security Currency Quantity Market value % Equities and similar securities Listed equities & similar securitie FRANCE FONCIERE ATLAND RTS EUR 1,440 3, TOTAL FRANCE 3, NETHERLANDS UNILEVER EUR 173,220 8,277, TOTAL NETHERLANDS 8,277, SWEDEN SVENSKA HANDELSBANKEN AB SEK 759,000 7,234, TOTAL SWEDEN 7,234, SWITZERLAND NESTLE NOM. CHF 166,845 11,066, TOTAL SWITZERLAND 11,066, UNITED KINGDOM ADMIRAL GROUP PLC GBP 586,804 12,657, DOMINOS PIZZA UK IRL PLC GBP 1,746,247 6,849, RECKITT BENCKISER PLC GBP 101,600 7,167, TOTAL UNITED KINGDOM 26,674, USA AMERICAN EXPRESS CO COM USD 47,350 3,974, BLOCK H&R INC USD 555,254 10,833, COGNIZANT TECHN.SOLUTIONS CORP CL.A USD 97,000 6,562, COLGATE PALMOLIVE USD 75,000 4,163, FACTSET RESEARCH SYSTEMS INC USD 32,700 5,548, FASTENAL CO USD 242,754 10,007, FNF GROUP-W/I USD 315,448 10,164, GOLDMAN SACHS GROUP USD 30,700 5,799, HERSHEY FOODS CORP USD 92,500 7,372, MICROSOFT CORP USD 42,000 3,547, NVR USD 3,100 7,886, PEPSICO INC USD 45,778 4,268, PROCTER & GAMBLE CO USD 65,000 4,345, REALOGY HOLDINGS CORP USD 315,999 6,170, THE COCA COLA COMPANY USD 100,665 3,781, TOLL BROTHERS INC USD 207,000 6,558,

10 PORTFOLIO LISTING ON 06/29/18 IN EUR Name of security Currency Quantity Market value % WELLS FARGO & CO USD 168,424 7,997, TOTAL USA 108,981, TOTAL listed equities & similar securities traded in a regulated market or equivalent Equities and similar securities not traded in a regulated market or equivalent FRANCE PROXIMANIA EUR 25,000 TOTAL FRANCE 162,239, HONG KONG TR CAPITAL USD 100, , TOTAL HONG KONG 142, USA STARWOOD ERE CO-INVEST LLC USD 47, , TOTAL USA 327, TOTAL equities and similar securities not traded in a regulated market or equivalent 469, Total equities & similar securities 162,709, Credit instruments Credit instruments traded in a regulated market or equivalent FRANCE FRAN TREA BILL BTF ZCP EUR 22,000,000 22,038, FRAN TREA BILL BTF ZCP EUR 21,000,000 21,016, FRENCH REP ZCP EUR 17,000,000 17,009, FRENCH REP ZCP EUR 20,000,000 20,003, FRENCH REP ZCP EUR 25,000,000 25,038, TOTAL FRANCE 105,106, SPAIN SPAI LETR DEL TESO ZCP EUR 22,000,000 22,004, TOTAL SPAIN 22,004, Total credit instruments traded on a regulated or similar market 127,111, Total credit instruments 127,111, Collective investment undertakings General-purpose UCITS and alternative investment funds intended for non-professionals and equivalents in other countries FRANCE AMUNDI CASH CORPORATE IC EUR ,692, AMUNDI CASH INSTITUT SRI-IC EUR ,583, GROUPAMA TRESORERIE I EUR ,750, SG MONETAIRE PLUS 3D EUR ,985,

11 PORTFOLIO LISTING ON 06/29/18 IN EUR Name of security Currency Quantity Market value % SLF FRANCE MONEY MARKET EURO 3D EUR ,204, TOTAL FRANCE 35,216, TOTAL General-purpose UCITS and alternative investment funds intended for non-professionals and equivalents in other countries 35,216, Other professional investment funds and equivalents in other EU Member States and listed securitisation agencies FRANCE FCT TE FARE 4 EUR , TOTAL FRANCE 213, TOTAL Other professional investment funds and equivalents in other EU Member States and listed securitisation agencies 213, Total collective investment undertakings 35,430, Hedges Urgent commitments closed Urgent commitments firm on regulated or assimilated market RTY INDEX USD , SP 500 MINI 0918 USD , Total Firm urgent commitments on market reglemente 989, Total Firm urgent commitments 989, Commitments with conditional terms Commitments with conditional terms on regulated or assimilated market ADIDAS NOM. 12/2018 PUT 140 EUR , ANHE BUSC INBE SA/NV 12/2018 PUT 76 EUR , CONTINENTAL AG O.N. 12/2018 PUT 160 EUR , ISH RUSS /2019 PUT 130 USD 1, , KERING 12/2018 PUT 204,5 EUR 105 4, MARRIOTT INTL CL.A 01/2019 PUT 90 USD , MCCORMICK CO INC 12/2018 PUT 95 USD , MGM MIRAGE 01/2019 PUT 25 USD 1, , ROYAL CARIBBEAN CR 01/2019 PUT 95 USD , SPDR S&P500 UTS-1 01/2019 PUT 200 USD , SPDR S&P500 UTS-1 01/2019 PUT 220 USD , SPDR S&P500 UTS-1 01/2019 PUT 230 USD , SPDR S&P500 UTS-1 01/2019 PUT 240 USD , SPDR S&P500 UTS-1 03/2019 PUT 210 USD , SPDR S&P500 UTS-1 03/2019 PUT 230 USD , SPDR S&P500 UTS-1 08/2018 PUT 220 USD -2,000-51, SPDR S&P500 UTS-1 08/2018 PUT 240 USD 2, , SPDR S&P500 UTS-1 09/2018 PUT 200 USD ,

12 PORTFOLIO LISTING ON 06/29/18 IN EUR Name of security Currency Quantity Market value % SPDR S&P500 UTS-1 09/2018 PUT 220 USD , SPDR S&P500 UTS-1 09/2018 PUT 230 USD 1, , SPDR S&P500 UTS-1 09/2018 PUT 240 USD , TYSON FOODS CL A 01/2019 PUT 62,5 USD , UNITED RENTALS INC 01/2019 PUT 120 USD , TOTAL Commitments with conditional terms on regulated market 2,650, TOTAL Commitments with conditional terms 2,650, Total hedges 3,639, Margin call Appels marges C.A.I. USD -1,154, , Total margin call -989, Receivables 120,166, Debts -117,990, Financial accounts 33,768, Net assets 363,847,