statutory auditor pwc sellam - statutory auditing...

AMUNDI DYNARBITRAGE INTERNATIONAL

CONTRACTUAL-TYPE MUTUAL FUND

CERTIFICATE DRAFTED BY THE STATUTORY AUDITORS

RELATING TO THE COMPOSITION OF ASSETS

ON 30 NOVEMBER 2011

In our capacity as statutory auditors for the accounts of the AMUNDI DYNARBITRAGE INTERNATIONAL

Mutual Fund and in application of the provisions envisaged in Article L.214-8 of the French Monetary and Financial

Code (Code Monétaire et Financier) and Article 411-56 of the General Regulations of France's Financial Market

Authority (Autorité des Marchés Financiers, hereinafter "AMF"), we have verified the accuracy of the composition

of assets accompanying this certification.

The published documents were drafted under the responsibility of the Fund management company. Our work, based

on our tests, is to certify its accuracy.

Checking of the information contained in these documents was carried out in line with the professional standards

applicable in France. These standards consist of assessing the accuracy of this information in respect of its

consistency, plausibility and relevance. Tests of this type are limited in their objectives and essentially consist of

analytical procedures and meetings with people responsible for the information published.

We have no qualification to make on the accuracy of the information given in the published documents.

Paris, date of electronic signature

Statutory Auditor

PwC Sellam - Statutory auditing firm

Document authenticated by electronic

signature

Patrick Sellam

PwC Sellam, SARL, 49 - 53, avenue des Champs-Elysées 75008 Paris. T: +33 (0 1 45 62 00 82, F: +33 (0)1 42 89 45 28, [email protected]

Statutory auditing firm, member of the Regional Institute of Paris. Limited liability company (SARL) with capital of €10,000.

Registered office: 49 - 53, avenue des Champs-Elysées 75008 Paris, France.

Paris Trade and Company Register: 453 541 450 - VAT no. FR 27 453 541 450 - Siret trade registration no.: 453 541 450 00012 - APE industry classification code: 6920 Z

mailto:[email protected]

CACEIS FASTNET

Batch Report on 02/12/11 01:08:45 PAGE 1/20

Inventory based on historical valuation (HISINV)

Stock: Main stock admitted at 30/11/11 Fixing currency: FXR REUTERS rate

PORTFOLIO: 050805 AMUNDI DYNARBITRAGE INTERNATIONAL VALIDATED NAV Portfolio currency: EUR (Simplified status, frame: NPC – AMF SORTING/INSTRUMENT TYPE/ALPHABETICAL ORDER, Sorting:

SECURITY STATUS FILE QUANTITY AND LISTING CURRENCY U.C.P. DATE PRICE I < ---------------------- Portfolio currency ------------------- > PRCT

SEC/LINE QUANTITY EXPR. CURRENCY

AND PRICE EXPR. LISTING SECURITY F TOTAL COST PRICE STOCK MARKET VAL. ACCR. COUPON TOTAL CAP. GAIN/LOSS NET ASS. VAL.

0 - Bonds and related securities

Shares & related securities traded on a regulated market

Shares & rel. secs. traded on a regul. or related mkt

Security currency CHF SWISS FRANC

CH0012138605 ADECCO SA NOM. PGRANC7600112T8 6,462. P CHF 64. M 39.42 A 335,756.44 337,551.42 0.00 1,794.98 0.37

PGRANC8287908T 6,029. P CHF 64. M 39.42 A 312,562.68 314,933.07 0.00 2,370.39 0.34

CH0012005267 NOVARTIS AG NOMI 5,800. P CHF 57.1757 M 30/11/11 49.21 T 228,344.62 232,956.25 0.00 4,611.63 0.25

CH0012032048 ROCHE HOLDING GENUSS 900. P CHF 141.4909 M 30/11/11 145. T 99,400.36 106,513.22 0.00 7,112.86 0.12

Sub-total for security currency CHF SWISS FRANC

TOTAL (EUR) 976,064.10 991,953.96 0.00 15,889.86 1.08

Security currency EUR EURO

NL0000303709 AEGON NEW 43,800. P EUR 4.6875 M 30/11/11 3.23 T 205,312.94 141,474.00 0.00 -63,838.94 0.15

NL0000009132 AKZO NOBEL 1,800. P EUR 46.2994 M 30/11/11 37.52 T 83,338.95 67,536.00 0.00 -15,802.95 0.07

DE0008404005 ALLIANZ HOLDING 2,100. P EUR 88.4305 M 30/11/11 76.98 T 185,704.13 161,658.00 0.00 -24,046.13 0.18

FR0010220475 ALSTOM 5,800. P EUR 44.8673 M 30/11/11 25.69 T 260,230.51 149,002.00 0.00 -111,228.51 0.16

FR0011027143 AREVA 7,583. P EUR 36.4158 M 30/11/11 20.85 T 276,140.75 158,105.55 0.00 -118,035.20 0.17

FR0000120628 AXA PRETERCI8287908 18,000. P EUR 14.8544 M 30/11/11 10.72 T 267,379.69 192,960.00 0.00 -74,419.69 0.21

300. P EUR 14.8544 M 30/11/11 10.72 T 4,456.33 3,216.00 0.00 -1,240.33 0.00

DE000BAY0017 BAYER 2,600. P EUR 56.7 M 30/11/11 48.76 T 147,420.00 126,776.00 0.00 -20,644.00 0.14

FR0000131104 BNP PARIBAS 1,000. P EUR 35.4577 M 30/11/11 29.47 T 35,457.70 29,470.00 0.00 -5,987.70 0.03

FR0000120172 CARREFOUR EMPRUNCI8287401 3,200. P EUR 18.61 M A 59,552.00 59,552.00 0.00 0.00 0.06

-3,200. P EUR 18.2239 M 30/11/11 19.75 T -58,316.48 -63,200.00 0.00 -4,883.52 -0.07

FR0000125585 CASINO GUICHARD 900. P EUR 64.0815 M 30/11/11 66.02 T 57,673.35 59,418.00 0.00 1,744.65 0.06

FR0000120164 CGG - VERITAS 3,500. P EUR 24.8627 M 30/11/11 17.095 T 87,019.38 59,832.50 0.00 -27,186.88 0.06

FR0000045072 CREDIT AGRICOLE 8,900. P EUR 8.6779 M 30/11/11 4.754 T 77,233.43 42,310.60 0.00 -34,922.83 0.05

DE0005140008 DEUTSCHE BANK AG NAM 7,250. P EUR 43.0643 M 30/11/11 28.615 T 312,216.02 207,458.75 0.00 -104,757.27 0.23

DE0005557508 DEUTSCHE TELEKOM 15,400. P EUR 9.638 M 30/11/11 9.64 T 148,425.20 148,456.00 0.00 30.80 0.16

DE000ENAG999 E.ON AG NOM. 13,000. P EUR 19.8843 M 30/11/11 18.36 T 258,495.47 238,680.00 0.00 -19,815.47 0.26

FR0010242511 EDF 4,900. P EUR 27.5589 M 30/11/11 20.24 T 135,038.70 99,176.00 0.00 -35,862.70 0.11

IT0003128367 ENEL SPA PGARANC8287908T1 5,520. P EUR 3.703 M 3.152 A 20,440.56 20,440.56 0.00 0.00 0.02

IT0003132476 ENI SPA 41,000. P EUR 16.8681 M 30/11/11 15.68 T 691,590.48 642,880.00 0.00 -48,710.48 0.70

IT0004644743 FIAT INDUSTRIAL 7,000. P EUR 9.341 M 30/11/11 6.615 T 65,387.00 46,305.00 0.00 -19,082.00 0.05

FR0000133308 30,800. P EUR 15.403 M 30/11/11 12.8 T 474,413.44 394,240.00 0.00 -80,173.44 0.43

NL0000352565 FUGRO 1,800. P EUR 60.691 M 30/11/11 41.515 T 109,243.83 74,727.00 0.00 -34,516.83 0.08

FR0010208488 GDF SUEZ 4,300. P EUR 24.7766 M 30/11/11 20.785 T 106,539.16 89,375.50 0.00 -17,163.66 0.10

ES0144580Y14 IBERDROLA S.A. 11,700. P EUR 6.0684 M 30/11/11 4.957 T 70,999.98 57,996.90 0.00 -13,003.08 0.06

ES0148396015 INDITEX SA 5,000. P EUR 58.4264 M 30/11/11 63.03 T 292,131.96 315,150.00 0.00 23,018.04 0.34

NL0000303600 ING GROEP 32,000. P EUR 7.3139 M 30/11/11 5.739 T 234,043.85 183,648.00 0.00 -50,395.85 0.20

DE0008430026 MUENCHEN RUECK 700. P EUR 112.0923 M 30/11/11 93.75 T 78,464.62 65,625.00 0.00 -12,839.62 0.07

FR0000130577 PUBLICIS GROUPE SA PRETERCI8258936 2,000. P EUR 34.3563 M 30/11/11 35.45 T 68,712.60 70,900.00 0.00 2,187.40 0.08

600. P EUR 34.3563 M 30/11/11 35.45 T 20,613.78 21,270.00 0.00 656.22 0.02

DE0007037129 RWE AG 2,300. P EUR 40.4387 M 30/11/11 30.725 T 93,009.01 70,667.50 0.00 -22,341.51 0.08

IT0000068525 SAIPEM SPA 2,900. P EUR 36.7269 M 30/11/11 33.05 T 106,507.98 95,845.00 0.00 -10,662.98 0.10

FR0000120578 SANOFI PRETERQ7683317 2,000. P EUR 49.7561 M 30/11/11 52.09 T 99,512.12 104,180.00 0.00 4,667.88 0.11

500. P EUR 49.7561 M 30/11/11 52.09 T 24,878.03 26,045.00 0.00 1,166.97 0.03

NL0000360618 SBM OFFSHORE 2,900. P EUR 18.4173 M 30/11/11 15.92 T 53,410.14 46,168.00 0.00 -7,242.14 0.05

CACEIS FASTNET





SECURITY STATUS FILE QUANTITY AND LISTING CURRENCY U.C.P. DATE PRICE I < ---------------------- Portfolio currency -------------------- > PRCT



FR0000121972 SCHNEIDER ELECT SA 800. P EUR 49.5 M 30/11/11 42. T 39,600.00 33,600.00 0.00 -6,000.00 0.04

DE0007236101 SIEMENS AG NAMEN 1,800. P EUR 88.0232 M 30/11/11 74.99 T 158,441.79 134,982.00 0.00 -23,459.79 0.15

FR0000130809 SOCIETE GENERALE A 2,300. P EUR 48.2686 M 30/11/11 18.08 T 111,017.72 41,584.00 0.00 -69,433.72 0.05

FR0010613471 SUEZ ENVIRON.COMP, PRETERCI7600112 20,000. P EUR 16.5806 M 30/11/11 9.417 T 331,612.27 188,340.00 0.00 -143,272.27 0.20 2,100. P EUR 16.5806 M 30/11/11 9.417 T 34,819.29 19,775.70 0.00 -15,043.59 0.02

FR0000131708 TECHNIP 1,600. P EUR 71.8831 M 30/11/11 70.65 T 115,013.01 113,040.00 0.00 -1,973.01 0.12 1T0003497168 TELECOM 1TALIA ORD 269,000. P EUR 1.0654 M 30/11/11 0.8425 T 286,578.05 226,632.50 0.00 -59,945.55 0.25 FR0000120271 TOTAL PRETERCI8252835 17,000. P EUR 40.337 M 30/11/11 38.335 T 685,728.97 651,695.00 0.00 -34,033.97 0.71

1,000. P EUR 40.337 M 30/11/11 38.335 T 40,337.00 38,335.00 0.00 -2,002.00 0.04 FR0000120354 VALLOUREC 1,200. P EUR 83.7426 M 30/11/11 50.72 T 100,491.12 60,864.00 0.00 -39,627.12 0.07 FR0000124141 VEOLIA ENVIRONNEM. PRETERCI8414903 6,000. P EUR 23.9732 M 30/11/11 9.457 T 143,839.23 56,742.00 0.00 -87,097.23 0.06

13,400. P EUR 23.9732 M 30/11/11 9.457 T 321,240.95 126,723.80 0.00 -194,517.15 0.14 FR0000127771 VIVENDI PRETERQ8184709 46,000. P EUR 19.3679 M 30/11/11 17.12 T 890,921.24 787,520.00 0.00 -103,401.24 0.85

600. P EUR 19.3679 M 30/11/11 17.12 T 11,620.71 10,272.00 0.00 -1,348.71 0.01 DE0007664039 VOLKSWAGEN PRIVILEGI 744. P EUR 65. M 30/11/11 127.65 T 48,360.00 94,971.60 0.00 46,611.60 0.10 FR0000121204 WENDEL 1,500. P EUR 43.2643 M 30/11/11 53.33 T 64,896.45 79,995.00 0.00 15,098.55 0.09

Sub-total for security currency EUR EURO TOTAL (EUR) 8,537,194.41 6,872,417.46 0.00 -1,664,776.95 7.45

Security Currency GBP POUND STERLING

GB00B1W4409 3I GROUP PLC 17,300. P GBP 2.9065 M 30/11/11 1.9 T 57,885.75 38,404.02 0.00 -19,481.73 0.04 GB0000282623 AMEC PLC 5,600. P GBP 12.1967 M 30/11/11 8.685 T 79,492.83 56,824.40 0.00 -22,668.43 0.06 GB0002162385 AVIVA PLC 76,400. P GBP 3.9841 M 30/11/11 3.117 T 346,842.17 278,232.04 0.00 -68,510.13 0.30 GB0031348658 BARCLAYS PLC 46,700. P GBP 3.2383 M 30/11/11 1.8025 T 174,314.38 98,348.81 0.00 -75,965.57 0.11 GB0008762899 BG GROUP PLC 51,800. P GBP 13.1773 M 30/11/11 13.585 T 782,515.99 822,178.99 0.00 39,663.00 0.89 GB0007980591 BP PLC 85,700. P GBP 4.9916 M 30/11/11 4.6075 T 492,931.89 461,342.15 0.00 -31,589.74 0.50 GB0001367019 BRITISH LAN) 43,500. P GBP 4.9941 M 30/11/11 4.953 T 245,686.97 251,729.76 0.00 6,042.79 0.27 GB0031743007 BURBERRY GROUP PLC 15,700. P GBP 12.5181 M 30/11/11 12.7 T 228,892.34 232,959.46 0.00 4,067.12 0.25 GB00B59MW615 CAIRN ENERGY PLC 16,700. P GBP 3.9815 M 30/11/11 2.723 T 76,387.83 53,130.16 0.00 -23,257.67 0.06 GB00B033F229 CENTRICA PLC 35,900. P GBP 3.0258 M 30/11/11 3.018 T 125,345.61 126,587.45 0.00 1,241.84 0.14 GB00B01FLG62 G4S SHS 21,600. P GBP 2.48 M 30/11/11 2.561 T 63,491.76 64,630.91 0.00 1,139.15 0.07 GB0030646508 GKN PLC 109,600. P GBP 1.2629 M 30/11/11 1.945 T 159,951.78 249,061.81 0.00 89,110.03 0.27 GB0004065016 HAMMERSON 15,900. P GBP 4.63 M 30/11/11 3.911 T 81,887.45 72,654.40 0.00 -9,233.05 0.08 GB0004544929 IMPERIAL TOBACCO 2,900. P GBP 19.6269 M 30/11/11 22.88 T 67,100.51 77,523.08 0.00 10,422.57 0.08 GB00B61TVQ02 INCHCAPE 57,520. P GBP 3.2166 M 30/11/11 3.256 T 214,990.61 218,816.59 0.00 3,825.98 0.24 GB0006320161 INTERNATIONAL POWER 31,800. P GBP 3.1165 M 30/11/H 3.354 T 113,630.48 124,614.09 0.00 10,983.61 0.14 GB00B19DVX61 INVENSYS PLC 30,100. P GBP 3.3548 M 30/11/11 2.029 T 119,801.01 71,355.18 0.00 -48,445.83 0.08 GB0031809436 LAND SECURITIES PLC 29,800. P GBP 6.8433 M 30/11/11 6.87 T 230,596.45 239,193.83 0.00 8,597.38 0.26 GB0008706128 LLOYDS BANKING GRP 100,600. P GBP 0.6234 M 30/11/11 0.24825 T 73,807.08 29,178.58 0.00 -44,628.50 0.03 GB0006215205 NATIONAL EXPRESS 75,100. P GBP 2.2708 M 30/11/11 2.1 T 206,345.33 184,262.18 0.00 -22,083.15 0.20 GB00B08SNH34 NATIONAL GRID NEW 13,900. P GBP 5.47 M 30/11/11 6.245 T 89,762.11 101,420.14 0.00 11,658.03 0.11 GB0007099541 PRUDENTIAL PLC 10,200. P GBP 6.9738 M 30/11/11 6.23 T 83,216.36 74,244.65 0.00 -8,971.71 0.08 GB0007188757 RIO TINTO PLC 5,500. P GBP 38.0036 M 30/11/11 33.39 T 240,446.01 214,563.62 0.00 -25,882.39 0.23 GB0007547838 ROYAL BK SCOT.GRP 168,300. P GBP 0.4607 M 30/11/11 0.2099 T 90,208.72 41,273.71 0.00 -48,935.01 0.04 GB00B03MLX29 ROYAL DUTCH SHELL A 24,600. P GBP 29.3525 M 30/11/11 25.88 T 830,701.12 636,648.00 0.00 -194,053.12 0.69 GB0008754136 TATE LYLE 38,400. P GBP 5.5667 M 30/11/11 6.725 T 251,451.18 301,717.49 0.00 50,266.31 0.33 GB0007190720 UK COAL 217,692. P GBP 0.8485 M 30/11/11 0.33 T 210,639.59 83,933.12 0.00 -126,706.47 0.09 GB00B16GWD56 VODAFONE GROUP PLC 253,000. P GBP 1.4991 M 30/11/11 1.722 T 439,071.99 509,015.07 0.00 69,943.08 0.55

CACEIS FASTNET





SECURITY STATUS FILE QUANTITY AND LISTING CURRENCY U.C.P. DATE PRICE I < --------------------- Portfolio currency ------------------- > PRCT



GB0009465807 WEIR GROUP 10,600. P GBP 16.8548 M 30/11/11 20.6 T 208,923.42 255,123.26 0.00 46,199.84 0.28 JE00B3DMTY01 WPP 12,500. P GBP 8.3099 M 30/11/11 6.68 T 122,117.72 97,558.13 0.00 -24,559.59 0.11

TOTAL (EUR) 6,508,436.44 6,066,525.08 0.00 -441,911.36 6.58

Sub-total for security currency GBP POUND STERLING

Security currency SEK SWEDISH CROWN

SE0000101032 ATLAS COPCO CAT A 8,000. P SEK 158.9023 M 30/11/11 144.5 T 145,311.16 127,337.32 0.00 -17,973.84 0.14 Security currency USD US DOLLAR

US00971T1016 AKAMAI TECHNOLOGIES 4,300. P USD 31.9038 M 30/11/11 28.91 T 98,086.11 92,347.06 0.00 -5,739.05 0.10 GB00B1XZS820 ANGLO AMERICAN PLC 4,000. P GBP 32.0694 M 30/11/11 24.2 T 141,414.78 113,097.32 0.00 -28,317.46 0.12 US0378331005 APPLE INC 300. P USD 393.587 M 30/11/11 382.2 T 86,631.80 85,176.24 0.00 -1,455.56 0.09 GB0009895292 ASTRAZENECA PLC 21,600. P GBP 29.3195 M 30/11/11 29.4 T 722,155.45 741,955.84 0.00 19,800.39 0.80 US0605051046 BANK 0F AMERICA CORP 11,600. P USD 11.9974 M 30/11/11 5.44 T 98,482.11 46,877.39 0.00 -51,604.72 0.05 GB0000566504 BHP BILLITÛN PGARANC8086701T8 4,576. P GBP 16.0161 M 19.49 A 86,522.38 85,628.97 0.00 -893.41 0.09

4,900. P GBP 25.6867 M 30/11/11 19.49 T 136,709.89 111,579.62 0.00 -25,130.27 0.12 US1729674242 CITIGROUP INC 3,910. P USD 42.7128 M 30/11/11 27.48 T 115,272.31 79,817.85 0.00 -35,454.46 0.09 NL0000200384 CORE LABORATORIES 1,700. P USD 105.2861 M 30/11/11 116.05 T 128,392.89 146,554.99 0.00 18,162.10 0.16 JE00B4T3BW64 GL ENCORE INTERNATION 20,983. P GBP 5.4409 M 30/11/11 3.985 T 126,002.61 97,695.13 0.00 -28,307.48 0.11 US4062161017 HALLIBURTON CO 8,200. P USD 48.715 M 30/11/11 36.8 T 287,201.90 224,165.21 0.00 -63,036.69 0.24 US4282911084 HEXCEL 22,300. P USD 11.3711 M 30/11/11 24.92 T 177,960.60 412,818.78 0.00 234,858.18 0.45 GB0005405286 HSBC HLDGS PLC GBP 1,051. P GBP 7.1421 M 30/11/11 4.945 T 8,550.41 6,072.20 0.00 -2,478.21 0.01 US48248A3068 KKR FINANCIAL HDLG 9,400. P USD 6.39 M 30/11/11 8.46 T 41,499.24 59,075.14 0.00 17,575.90 0.06 US5178341070 LAS VEGAS SANDS 5,600. P USD 44.012 M 30/11/11 46.71 T 180,167.19 194,314.16 0.00 14,146.97 0.21 US6174464486 MORGAN STANLEY 13,900. P USD 25.6524 M 30/11/11 14.79 T 255,698.33 152,717.75 0.00 -102,980.58 0.17 US70336T1043 PATRIOT COAL 14,200. P USD 16.2581 M 30/11/11 10.41 T 165,152.17 109,810.94 0.00 -55,341.23 0.12 US7045491047 PEABODY ENERGY GROUP 1,900. P USD 59.3 M 30/11/11 39.23 T 82,940.11 55,370.50 0.00 -27,569.61 0.06 US7170811035 PFIZER INC 40,200. P USD 18.1751 M 30/11/11 20.07 T 514,611.00 599,349.26 0.00 84,738.26 0.65 US7523443098 RANGOLD ADR 3,600. P USD 17.8249 M 30/11/11 106.91 T 53,423.51 285,908.70 0.00 232,485.19 0.31 US8038663006 SASOL ADR 14,100. P USD 39.7625 M 30/11/11 47.91 T 402,114.79 501,824.46 0.00 99,709.67 0.54 AN8068571086 SCHLUMBERGER 2,800. P USD 91.5775 M 30/11/11 75.33 T 183,776.16 156,686.85 0.00 -27,089.31 0.17 CBO009223206 SMITH & NEPHEW PLC 18,000. P GBP 6.9764 M 30/11/11 5.81 T 150,155.40 122,187.17 0.00 -27,968.23 0.13 LU0156801721 TENARIS SA 4,700. P EUR 17.4304 M 30/11/11 13.85 T 79,925.54 65,095.00 0.00 -14,830.54 0.07 US88160R1014 TESLA MOTORS PRETERCI7341101 3,500. P USD 20.562 M 30/11/11 32.74 T 52,715.35 85,124.24 0,00 32.408.89 0.09

PRETERCI8177601 50. P USD 20.562 M 30/11/11 32.74 T 753.08 1,216.06 0.00 462.98 0.00 50. P USD 20.562 M 30/11/11 32.74 T 753.07 1,216.06 0.00 462.99 0.00

US92046N1028 VALUECLICK INC 8,300. P USD 10.8908 M 30/11/11 15.46 T 72,257.46 95,322.22 0.00 23,064.76 0.10 US92343E1029 VERISIGN INC 18,900. P USD 24.3023 M 30/11/11 33.58 T 327,434.27 471,464.55 0.00 144,030.28 0.51 US92826C8394 VISA CL A 1,800. P USD 79.7816 M 30/11/11 96.97 T 96,763.62 129,663.11 0.00 32,899.49 0.14 US9285634021 VMWARE CLASS A 1,100. P USD 77.2338 M 30/11/11 96.68 T 61,146.46 79,001.60 0.00 17,855.14 0.09 GB0031411001 XSTRATA PLC 18,000. P GBP 11.4335 M 30/11/11 10.17 T 232,878.59 213,880.13 0.00 -18,998.46 0.23

Sub-total for security currency USD US DOLLAR CUMUL (EUR) 5,167,548.58 5,623,014.50 0.00 455,465.92 6.10

CACEIS FASTNET





SECURITY STATUS FILE QUANTITY AND LISTING CURRENCY U.C.P. DATE PRICE I < --------------------- Portfolio currency -------------------- > PRCT



Warrants on shares traded on regulated markets Security currency EUR EURO

NL0009864743 ROYAL DUTCH D01111 A 24,600. P EUR 0. M A 0.00 0.00 0.00 0.00 0.00

Shares & related securities traded on a regulated market TOTAL (EUR) 21,334,554.69 19,681,248.32 0.00 -1,653,306.37 21.35

I - Bonds & Similar securities

Bonds & related securities traded on a regulated market

Fixed-rate bonds traded on a regulated market


FR0010777524 BPCE 12.50% PERP (366) 300959 3,000,000. M EUR 115.75 % 30/11/11 86.909 4 3,472,500.00 2,669,770.00 62,500.00 -865,230.00 2.90 FR0010535971 BPCE TF/TV PERP (366) 311249 1,500,000. M EUR 91.865 % 30/11/11 57.7345 4 1,377,974.99 873,789.10 7,771.60 -511,957.49 0.95 ES0414950842 CAJA MADRID 4.875%14 (366) 310314 1,500,000. M EUR 99.79 % 30/11/11 98.2115 4 1,496,850.00 1,521,922.50 48,750.00 -23,677.50 1.65 DE0001135200 GERMAN 5% 07/12 PGARAN8258936T 66,469.78 M EUR 106.212 % 102.925 A 70,598.88 70,598.88 0.00 0.00 0.08 XS0646719954 INSTTT.CRDT 4.5%2014 (366) 080714 5,000,000. M EUR 99.775 % 30/11/11 96.328 4 4,988,750.00 4,905,539.34 89,139.34 -172,350.00 5.32 XS0456541506 INTESA 8.375% PERP. (366) 141059 3,000,000. M EUR 105.75 % 30/11/11 59.011 4 3,172,500.00 1,802,594.34 32,264.34 -1,402,170.00 1.96

Sub-total for security currency EUR EURO TOTAL (EUR) 14,579,173.87 11,844,214.16 240,425.28 -2,975,384.99 12.85

Security currency GBP POUND STERLING GB00B00NY175 ANGLETERRE 4,75 38 (366) 071238 4,400,000. M GBP 116.659 % 30/11/11 130.3725 4 6,254,031.07 6,819,918.31 117,745.16 448,142.08 7.40 GB00B3K3DS62 ANGLETERRE 4.25 2039 (UST) 070939 4,000,000. M GBP 96.477 % 30/11/11 121.02 4 4,522,008.34 5,701,636.60 45,835.69 1,133,792.57 6.18

Sub-total for security currency GBP POUND STERLING TOTAL (EUR) 10,776,039.41 12,521,554.91 163,580.85 1,581,934.65 13.58 Security currency ISK ICELANDIC KRONA

IS0000020204 ICELAND 4.25% 08/12 (366) 240812 250,000,000. M ISK 101.4886 % 30/11/11 100.4635 4 937,979.42 861,029.48 9,643.88 -86,593.82 0.93 IS0000020253 IICELAND 6% 13/10/16 (366) 131016 125,000,000. M ISK 101.8132 % 30/11/11 105.3315 4 575,866.52 449,654.17 3,334.26 -129,546.61 0.49 IS0000006989 ICELAND 7.25% 05/13 (366) 170513 317,000,000. M ISK 99.852 % 30/11/11 105.0615 4 1,524,520.92 1,170,899.38 41,933.43 -395,554.97 1.27 ISO0O0019321 ICELAND 8% 06/25 (366) 120625 153,000,000. M ISK 100.2974 % 30/11/11 109.9435 4 748,408.34 589,600.83 19,385.38 -178,192.89 0.64

Sub-total for security currency ISK ICELANDIC KRONA TOTAL (EUR) 3,786,775.20 3,071,183.86 74,296.95 -789,888.29 3.33

Security currency USD US DOLLAR

XS0491279286 BANK IRELAND 2/03/12 (EUR) 020312 5,000,000. M USD 92.4 % 30/11/11 97.3175 4 3,572,257.01 3,639,628.65 24,968.32 42,403.32 3.95 US172967EL17 CITIGROUP 5.3 12 (USA) 171012 2,500,000. M USD 101.28 % 30/11/11 101.7475 4 1,714,111.64 1,901,358.61 11,756.78 175,490.19 2.06 US922646AS37 VENEZUELA 9.25% 9/27 MPL.IV I0C3454209 5,000,000. M USD 69.45 % 30/11/11 70.4675 4 2,775,747.68 2,688,949.35 71,577.59 -158,375.92 2.92

Sub-total for security currency USD US DOLLAR TOTAL (EUR) 8,062,116.33 8,229,936.61 108,302.69 59,517.59 8.93

CACEIS FASTNET





S E C U R I T Y STATUS FILE QUANTITY AND LISTING CURRENCY U.C.P. DATE PRICE I < ---------------------- Portfolio currency ------------------- > PRCT



Floating-rate bonds, floating traded on a


FR0010128835 CRDT NORD FRN 11/49 (EUR) 181149 2,500,000. M EUR 99.5 % 30/11/11 37.25 M 2,487,500.00 933,491.67 2,241,67 -1,556,250.00 1.01

Mortgages traded on regulated markets


ES0370459002 BBVA 5 F Eurib3 39 (999) 150339 70. P EUR 215.4873 % 30/11/11 94.9992 4 1,341,086,05 593,393.13 2,165.22 -749,858.14 0.64

Bonds and related securities traded on a regulated market

TOTAL (EUR) 41,032,690.86 37,193,774.34 591,012.66 -4,429,929.18 40.34

II - Debt securities

Debt securities traded on a regulated or similar market

Treasury Certificates


MATURITY: less than 3 months

FR0119418871 FRANCE 0.00 NOL (999) 291211 3,000,000. EUR 0.429 22/09/11 0.412 L 2,996,429.26 2,999,039.73 0.00 2,610.47 3.25

FR0119580100 FRANCE 0.00 NOL (999) 081211 4,000,000. EUR 0.54 07/09/11 0.561 L 3,994,547.44 3,999,580.57 0.00 5,033.13 4.34

FR0119812024 FRANCE 0% 05/01/12 NOL (999) 050112 1,100,000. EUR 0.5125 10/10/11 0.519 L 1,098,686.15 1,099,452.56 0.00 766.41 1.19

Sub-total MATURITY: less than 3 months

TOTAL (EUR) 8,089,662.85 8,098,072.86 0.00 8,410.01 8.78



US9127952T70 ETATS-UNIS 0.00 NOL (999) 151211 13,700, 000 USD 0.0055 14/09/11 0.00251 L 10,015,944.97 10,177,150.17 0.00 161,205.20 11.04

Treasury Certificates TOTAL (EUR) 18,105,607.82 18,275,223.03 0.00 169,615.21 19.82

Deposit certificates



ITCN3470823 NATIXIS 011211 NOL (999) 011711 4,000,000. EUR 0.4 30/11/11 L 4,000,000.00 4,000,133.89 133.89 0.00 4.34

ITCN3470825 SG 011711 NOL (999) 011711 3,000,000. EUR 0.3 30/11/11 L 3,000,000.00 3,000,092.08 92.08 0.00 3.25

Sub-total MATURITY: less than 3 months

TOTAL (EUR) 7,000,000.00 7,000,225.97 225.97 0.00 7.59

Debt securities traded on a regulated or similar market

TOTAL (EUR) 25,105,607.82 25,275,449.00 225.97 169,615.21 27.42

CACEIS FASTNET





S E C U R I T Y STATUS FILE QUANTITY AND LISTING CURRENCY U.C.P. DATE PRICE I < --------------------- Portfolio currency ------------------- > PRCT



III - UCITS securities

UCITS with simplified registration procedures


FR0010322404 PORTFOL.GLOB.TRAD. 0.462 P EUR 270432.5541 M 29/11/11 366686.47 5 124,939.84 169,409.15 0.00 44,469.31 0.18

French general UCITS


FR0011062645 AMUNDI ACT THEMA.R-C 4,825. P EUR 1000. M 29/11/11 766.26 5 4,825,000.00 3,697,204.50 0.00 -1,127,795.50 4.01

FR0010655720 AMUNDI ETF MSCI ITL PGARANC7683317T3 1,740. P EUR 66.29 M 64.18 A 115,344.60 115,344.60 0.00 0.00 0.13

FR0007052782 LYXOR CAC40 PGARANC7341101T16 2,498. P EUR 40.085 M 31.625 A 103,132.34 100,132.34 0.00 0.00 0.11

PGARANC8177601T 38. P EUR 28.55 M 31.625 A 1,084.90 1,084.90 0.00 0.00 0.00

FR0010987826 PORTFOLIO GLOB VOLAT 12.204 P EUR 250173.1375 M 30/11/11 250235.87 N 3,053,112.97 3,053,878.56 0.00 765.59 3.31

Sub-total for security currency EUR EURO

TOTAL (EUR) 8,094,674.81 6,967,644.90 0.00 -1,127,029.91 7.56 III - UCITS securities TOTAL (EUR) 8,219,614.65 7,137,054.05 0.00 -1,082,560.60 7.74 IV - Temporary transactions on securities

Debts representing lent securities

MATURITY DATE: 01/01/49

CI7341101 TESLA MOTORS LOAN 1.5 010149 104,195. USD 0. % 30/11/11 0.00 96.41 96.41 0.00 0.00

CI7600112 SUEZ ENVIRONNEMENT C LOAN 0.15 010149 127,180. EUR 0. % 30/11/11 0.00 16.87 16.87 0.00 0.00

CI7683317 SANOFI LOAN 0.15 010149 95,250. EUR 0. % 30/11/11 0.00 6.47 6.47 0.00 0.00

CI8177601 TESLA MOTORS LOAN 2.0 010149 1,472. USD 0. % 30/11/11 0.00 1.81 1.81 0.00 0.00

08184709 VIVENDI LOAN 0.15 010149 762,910. EUR 0. % 30/11/11 0.00 87.64 87.64 0.00 0.00

CI8252835 TOTAL LOAN 0.15 010149 642,515. EUR 0. % 30/11/11 0.00 41.31 41.31 0.00 0.00

CI8258936 PUBLICIS GROUPE LOAN 0.25 010149 65,720. EUR 0. % 30/11/11 0.00 4.38 4.38 0.00 0.00

CI8287908 AXA LOAN 0.2 010149 155,070. EUR 0. % 30/11/11 0.00 13.35 13.35 0.00 0.00

CI8414903 VEOLIA ENVIRONNEMENT LOAN 0.25 010149 54,012. EUR 0. % 30/11/11 0.00 3.14 3.14 0.00 0.00

Sub-total MATURITY DATE: 01/01/49 TOTAL (EUR) 0.00 271.38 271.38 0.00

Securities delivered under repurchase agreements


IOC3454209 VENEZUELA 9.25% 9/27 MPLIV 0.05 191211 -3,605,000. USD 100. % 30/11/11 -2,644,318.93 -2,678,059.72 -52.07 -33,688.72 -2.90

Debts representing securities borrowed


CI8287401 CARREFOUR EMP1 0.15 010149 -57,008. EUR 104.4625 % 30/11/11 -59,552.00 -59,559.10 -7.10 0.00 -0.06

CACEIS FASTNET





S E C U R I T Y STATUS FILE QUANTITY AND LISTING CURRENCY U.C.P. DATE PRICE I < ------------------------------------ Portfolio currency ---------------------------------- > PRCT



Debts representing securities pledged


C7341101T16 LYXOR ETF CAC 40 D-E PGAR1 0,0 010149 -100,132.34 EUR 100. % 30/11/11 -100,132.34 -100,132,34 0.00 0.00 -0.11 C7600112T8 ADECCO PGAR1 0.0 010149 -413,568. CHF 100. % 30/11/11 -335,756.44 -337,551.42 0.00 -1,794.98 -0.37 C7683317T3 AMUNDI ETF MSCI ITAL PGAR1 0.0 010149 -115,344.6 EUR 100. % 30/11/11 -115,344.60 -115,344.60 0.00 0.00 -0.13 C8086701T8 BHP BILLITON PGAR1 0.0 010149 -115,269.44 USD 100. % 30/11/11 -86,522.38 -85,628.97 0.00 893.41 -0.09 C8177601T LYXOR ETF CAC 40 D-E PGAR1 0.0 010149 -1,084.9 EUR 100. % 30/11/11 -1,084.90 -1,084.90 0.00 0.00 0.00 C8258936T ALLEMAGNE 5 02-12 PGAR1 0.0 010149 -70,598.88 EUR 100. % 30/11/11 -70,598.88 -70,598.88 0.00 0.00 -0.08 C8287908T ADECCO PGAR1 0.0 010149 -385,856. CHF 100. % 30/11/11 -312,562.68 -314,933.07 0.00 -2,370.39 -0.34 C8287908T1 ENEL ENTE NAZ.ENERG. PGAR1 0.0 010149 -20,440.56 EUR 100. % 30/11/11 -20,440.56 -20,440.56 0.00 0.00 -0.02

Sub-total MATURITY DATE: 01/01/49 TOTAL (EUR) -1,042,442.78 -1,045,714.74 0.00 -3,271.96 -1.13

Debts representing securities borrowed TOTAL (EUR) -1,101,994.78 -1,105,273.84 -7.10 -3,271.96 -1.20 IV - Temporary securities transactions TOTAL (EUR) -3,746,313.71 -3,783,062.18 212.21 -36,960.68 -4.10

VI - FUTURES MARKET LIABILITIES

Futures liabilities Foreign futures

UNDERLYING: CBTFV CBOT US TREASURY NOTES 5 ANS CFV H2 CBO CBOT UST 5A 0312 -823. USD 122.5547 % 30/11/11 122.5 0.00 33,429.89 0.00 33,429.89 0.04 UNDERLYING: CBTTY CBOT US T. NOTE 10 YEAR CTY H2 CBO CBOT UST 10 0312 -304. USD 129.5781 % 30/11/11 129.09375 N 0.00 109,384.90 0.03 109,384.90 0.12 UNDERLYING: CBTUS CBOT US T. BOND 30 YEAR CUS H2 CBO CBOT USTB 3 0312 270. USD 143.1797 % 30/11/11 141.125 0.00 -412,111.28 0.00 -412,111.28 -0.45 UNDERLYING: EUXDU EUREX EURO SCHATZ CDU Z1 EUR GR SCHATZ 1211 -869. EUR 109.94 % 30/11/11 110.215 0.00 -238,975.00 0.00 -238,975.00 -0.26 UNDERLYING: EUXOE EUREX BOBL EURO COE Zl EUR EUREX BOBL 1211 -141. EUR 122.55 % 30/11/11 122.65 0.00 -14,100.00 0.00 -14,100.00 -0.02 UNDERLYING: EUXRX EUREX EURO BUND CRX Zl EUR EUREX EUROB 1211 305. EUR 137.4205 % 30/11/11 133.66 0.00 -1,146,960.00 0.00 -1,146,960.00 -1.24 UNDERLYING: LIFG LIFFE LONG GILT FUTURE CG H2 LIF LIFFE LG GI 0312 -105. GBP 113.3191 % 30/11/11 113.65 0.00 -40,600.54 0.00 -40,600.54 -0.04 UNDERLYING: NKY TOKYO NIKKEL 225 AVERAGE INI Zl SIM SGX NIK 225 1211 41. JPY 8770.122 M 30/11/11 8645. 0.00 -24,545.07 0.00 -24,545.07 -0.03 UNDERLYING: SFY SWISS MARKET INDEX

CACEIS FASTNET





S E C U R I T Y STATUS FILE QUANTITY AND LISTING CURRENCY U.C.P. DATE PRICE I <------------------------------------- Portfolio currency ---------------------------------- > PRCT



ISM Zl SOFFEX SMI 1211 -140. CHF 5438. M 30/11/11 5647. N 0.00 -238,818.15 0.00 -238,818.15 -0.26

UNDERLYING: SPTSX60 S&P/TSX 60 INDEX IPT Zl MSE S&P TSE 60 1211 -40. CAD 690.83 M 30/11/11 688.1 0.00 15,956.75 0.00 15,956.75 0.02

UNDERLYING: SPX S&P 500 INDEX IES Zl CME S&P500 MINI 1211 -44. USD 1156.3796 M 30/11/11 1239. 0.00 -135,025.81 0.00 -135,025.81 -0.15

UNDERLYING: SX5E DJ STOXX5O E IVG Zl EUREX EUR05TX 1211 -137. EUR 2225.6204 M 30/11/11 2341. 0.00 -158,070.00 0.00 -158,070.00 -0.17

UNDERLYING: TOPIX TOKYO S.E INDEX - TOPIX ITP ZI TSE TSE TOPIX I 1211 38. JPY 736.4 M 30/11/11 748. 0.00 42,181.15 0.00 42,181.15 0.05

UNDERLYING: TSEJB TSE JAPAN GOVERNMENT BOND FUTURE CJB Zl TSE JAPAN GB 1211 -7. JPY 142.81 % 30/11/11 141.65 0.00 77,702.12 0.00 77,702.12 0.08

UNDERLYING: UKX LONDON FTSE 100 INDEX IZ Zl LIF LIFF FTSE 1 1211 3. GBP 5385. M 30/11/11 5538. 0.00 5,362.78 0.00 5,362.78 0.01

Foreign futures TOTAL (EUR) 0.00 -2,125,188.26 0.00 -2,125,188.26 -2.31

Conditional futures Options on over-the-counter foreign futures

UNDERLYING: OTC CHF/TRY OTC CHF/TRY 0GCTGREM2P01 0GCT/0612/PUT /1.7 2,000,000. P CHF 8.7 % 30/11/11 5.24588 H 142,220.77 85,633.11 0.00 -56,587.66 0.09

UNDERLYING: OTC EUR/USD OTC EUR/USD 0GEUGREN2P10 0GEU/0712/PUT /1.1 -49,000,000. P EUR 1.7995 % 30/11/11 0.87651 H -881,755.00 -429,488.98 0.00 452,266,02 -0,47 0GEUGREN2P11 0GEU/0712/PUT /1.2 49,000,000. P EUR 3.29 % 30/11/11 1.84596 H 1,612,100.00 904,517.96 0.00 -707,582.04 0.98

Sub-total UNDERLYING: OTC EUR/USD OTC EUR/USD TOTAL (EUR) 730,345.00 475,028.98 0.00 -255,316.02 0.52

UNDERLYING: OTC USD/SEK OTC USD/SEK 0BSSGREZ1P01 0BSS/1211/PUT /6.6 -28,800,000. P USD 0.765 % A -163,666.75 -163,666.75 0.0) 0.00 -0.18 0HU1GREZ1P03 0HU1/1211/PUT /6.6 72,000,000. P USD 0,3 % 30/11/11 0.80063 H 162,785.44 428,224.61 0.00 265,439.17 0.46

Sub-total UNDERLYING: OTC USD/SEK OTC USD/SEK TOTAL (EUR) -881. 31- 264,557.86 0.00 265,439.17 0.29

Options on over-the-counter foreign futures

TOTAL (EUR) 871,684.46 825,219.95 0.00 -46,464.51 0.90

CACEIS FASTNET





S E C U R I T Y STATUS FILE QUANTITY AND LISTING CURRENCY U.C.P. DATE PRICE I < ---------------------- Portfolio currency ------------------- > PRCT



VI - LIABILITIES ON FUTURES MARKETS TOTAL (EUR) 871,684.46 -1,299,968.31 0.00 -2,171,652.77 -1.41 VIII – LIQUIDITY MANAGEMENT

Debts and accounts receivable Deferred payments

Security currency AUD AUSTRALIAN DOLLAR ARDAUD Def. paym. purch. > D+3 5,000,000. AUD 0.75066622 0.7631257 3,753,331.08 3,815,628,81 0.00 62,297,73 4.14 VRDAUD Def. paym. sale > D+3 -5,000,000. AUD 0.76312576 0.7631257 -3,815,628.82 -3,815,628.81 0.00 0.01 -4.14

Sub-total for security currency AUD AUSTRALIAN DOLLAR TOTAL (EUR) -62,297.74 0.00 0.00 62,297.74

Security currency EUR EURO ARDEUR Def. paym. purch. > D+3 15,000,000. EUR 1. 1. 15,000,000.00 15,000,000.00 0.00 0.00 16.27 IPRCIEUR Proceeds from deferred loans 145.08 EUR 1. 1. 145.08 145.08 0.00 0.00 0.00 VRDEUR Def. paym. sale > D+3 -10,021,136.62 EUR 1. 1- -10,021,136.62 -10,021,136.62 0.00 0.00 -10.87

Sub-total for security currency EUR EURO TOTAL (EUR) 4,979,008.48 4,979,008.46 0.00 0.00 5.40

Security currency GBP POUND STERLING IPRCIGBP Proceeds from deferred loans 383,98 GBP 1.16831606 1.1683607 448.61 448.62 0.00 0.01 0.00 VRDGBP Def. paym. sale > D+3 249,550.35 GBP 1.1683514 1.1683607 291.562.50 291,564.84 0.00 2.34 0.32

Sub-total for security currency GBP POUND STERLING TOTAL (EUR) 292.011.11 292,013.46 0.00 2.35 0.32

Security currency MXN MEXICAN NEW PESO ARDMXN Def. paym. purch. > D+3 34,975,000. MXN 0.05347944 0.0547394 1,870,443.31 1,914,513.35 0.00 44,070.04 2.08 VRDMXN Def. paym. sale > D+3 -35,000,000. MXN 0.05363652 0.0547394 -1,877,278.37 -1,915,881.83 0.00 -38,603.46 -2.08

Sub-total for security currency MXN MEXICAN NEW PESO TOTAL (EUR) -6,835.06 -1,368.48 0.00 5,466.58

Security currency PLN POLISH ZLOTY ARDPLN Def. paym. purch. > D+3 31,424,400. PLN 0.22275684 0.2224817 7,000,000.00 6,991,356.58 0.00 -8,643.42 7.58 VRDPLN Def. paym. sale > D+3 -31,400,000. PLN 0.2222568 0.2224817 -6,978,863.38 -6,985,928.02 0.00 -7,064.64 -7.58

Sub-total for security currency PLN POLISH ZLOTY TOTAL (EUR) 21,136.62 5,428.56 0.00 -15,708.06 0.01

Security currency SGD SINGAPORE DOLLAR ARDSGD Def. paym. purch. > D+3 6,458,000. SGD 0.57514654 0.5797941 3,714,296.33 3,744,310.76 0.00 30,014.43 4.06 VRDSGD Def. paym. sale > D+3 -6,400, 000. SGD 0.57979417 0.5797941 -3,710,682.71 -3,710,682.70 0.00 0.01 -4.02

Sub-total for security currency SGD SINGAPORE DOLLAR TOTAL (EUR) 3,613.62 33,628.06 0.00 30,014.44 0.04

Security currency USD US DOLLAR ARDUSD Def. paym. purch. > D+3 18,328,100. USD 0.75373483 0.7428592 13,814,527.28 13,615,198.90 0.00 -199,328.38 14.77 VRDUSD Def. paym. sale > D+3 -24,807,114.79 USD 0.74881824 0.7428592 -18,576,019.94 -18,428,195.06 0.00 147,824.88 -19.99

Sub-total for security currency USD US DOLLAR

CACEIS FASTNET





SECURITY STATUS FILE QUANTITY AND LISTING CURRENCY U.C.P. DATE PRICE I < ---------------------- Portfolio currency ------------------- > PRCT



TOTAL (EUR) -4, 761, 492.66 -4, 812,996.16 0.00 -51,503.50 -5.22

Deferred payments

TOTAL (EUR) 495, 144.35 495, 713.90 0.00 30,569.55 0.54

Cash dividends and coupons


GB00B03MLX29 ROYAL DUTCH SHELL A 24,600. P EUR 0.25633455 30/11/11 6,305.83 6,305.83 0.00 0.00 0.01

Security currency GBP POUND STERLING

GB0000282623 AMEC PLC LEND 5,600. P GBP 0.102 30/11/11 667.37 667.36 0.00 -0.01 0.00

GB0002162385 AVIVA PLC 110,000. P GBP 0.1 30/11/11 12, 539.90 12,851,96 0.00 312.06 0.01

GB0008754136 TATE LYLE 38,400. P GBP 0.071 30/11/11 3,185.42 3,185.42 0.00 -0.01 0.00

GB0031348658 BARCLAYS PLC 46,700. P GBP 0.01 30/11/11 548.25 545.62 0.00 -2.63 0.00

GB0031809436 LAND SECURITIES PLC 48,300. P GBP 0.0576 30/11/11 3,250.47 3,250.47 0.00 0.00 0.00

GB00B08SNH34 NATIONAL GRID NEW 13,900. P GBP 0.1393 30/11/11 2,262.26 2,262.26 0.00 0.00 0.00

GB00B16GWD56 VODAFONE GROUP PLC 253,000. P GBP 0.0705 30/11/11 20,815.15 20,839.46 0.00 24.31 0.02

GB00B19DVX61 INVENSYS PLC 30,100. P GBP 0.0165 30/11/11 583.06 580.26 0.00 -2.80 0.00

Sub-total for security currency GBP POUND STERLING

TOTAL (EUR) 43,851.88 44, 182.80 0.00 330.92 0.05


AN8068571086 SCHLUMBERGER 2,800. P USD 0.25 30/11/11 524.93 520.00 0.00 -4.93 0.00

GB0005405286 HSBC HLDGS PLC GBP 1,051. P USD 0.09 30/11/11 70.85 70.26 0.00 -0.59 0.00

GB0007980591 BP PLC 85,700. P USD 0.07 30/11/11 4,346.79 4,456.41 0.00 109.62 0.00

US0605051046 BANK OF AMERICA CORP 11,600. P USD 0.007 30/11/11 60.32 60.32 0.00 0.00 0.00

US4062161017 HALLIBURTON CO 8,200. P USD 0.063 30/11/11 383.76 383.76 0.00 0.00 0.00

US48248A3068 KKR FINANCIAL HDLG 9,400. P USD 0.126 30/11/H 875.84 879.84 0.00 4.00 0.00

US717Û811035 PFIZER INC 40,200. P USD 0.14 30/11/11 4,076.19 4,180.81 0.00 104.62 0.00

US92826C8394 VISA CL A 1,800. P USD 0.154 30/11/11 204.88 205.92 0.00 1.04 0.00

Sub-total for security currency USD US DOLLAR

TOTAL (EUR) 10,543.56 10,757.32 0.00 213.76 0.01

Cash dividends and coupons

TOTAL (EUR) 60,701.27 61,245.95 0.00 544.68 0.07

Deposit

Security currency CAD CANADIAN DOLLAR

DGMCICAD CACEIS deposit 408,000. CAD 0.72489502 0.7306203 295,757.17 298,093.08 0.00 2,335.91 0.32


DGMCICHF CACEIS deposit 591,500. CHF 0.83145905 0.8161932 491,808.03 482,778.32 0.00 -9,029.71 0.52


DOCTEUR CACEIS deposit 1, 343, 077.4 EUR 1. 1. 1,343,077.40 1,343,077.40 0.00 0.00 1.46


DGMCIGBP CACEIS deposit 298,800. GBP 1.15884819 1.1683607 346,263.84 349,106.20 0.00 2,842.36 0.38

CACEIS FASTNET



Stock: Main stock admitted at 30/11/11 Fixing currency: FXC REUTERS rate





Security currency JPY YEN

DGMCIJPY CACEIS deposit 20,052,500. JPY 0.00879776 0.0095692 176,417.10 191,886.92 0.00 15,469.82 0.21


DCMCIUSD CACEIS deposit 817,200. USD 0.73118128 0.7428592 597,521.34 607,064.59 0.00 9,543.25 0.66

Deposit

TOTAL (EUR) 3,250,844.88 3,272,006.51 0.00 21,161.63 3.55

Margin calls


MARCICAD C.A.I. margin calls 29,360. CAD 0.73062023 0.7306203 21,451.01 21,451.01 0.00 0.00 0.02


MARCICHF C.A.I. margin calls 273,000. CHF 0.81433652 0.8161932 222,313.87 222,820.76 0.00 506.89 0.24


ACCIEUR Contr. oper. margin calls -270,000. EUR 1. 1. -270,000.00 -270,000.00 0.00 0.00 -0.29

MARCIEUR C.A.I. margin calls 1,481,590. EUR 1. 1. 1,481,590.00 1,481,590.00 0.00 0.00 1.61


TOTAL (EUR) 1,211,590.00 1,211,590.00 0.00 0.00 1.31


MARCIGBP C.A.I. margin calls 15,760. GBP 1.16680393 1.1683607 18,388.83 18,413.36 0.00 24.53 0.02


MARCIJPY C.A.I. margin calls 3,279,500. JPY 0.00957837 0.0095692 31,412.26 31,382.27 0.00 -29.99 0.03


MARCIUSD C.A.I. margin calls 683,912.86 USD 0.74390967 0.7428592 508,769.39 508,051.00 0.00 -718.39 0.55

Margin calls

TOTAL (EUR) 2,013,925.35 2,013,708.40 0.00 -216.96 2.18

Management fees


FGLIN2EUR Retrocession securities lending -16,655.85 EUR 1. 1. -16,655.85 -16,655.85 0.00 0.00 -0.02

FGPFEUR Management fees var fixed -4,916.06 EUR 1. 1. -4,916.06 -4,916.06 0.00 0.00 -0.01

FCPVFEUR Fixed mgmt. Fees -61,450.93 EUR 1. 1. -61,450.93 -61,450.93 0.00 0.00 -0.07


TOTAL (EUR) -83,022.84 -83,022.84 0.00 0.00 -0.09

CACEIS FASTNET








Other debt and accounts receivable


DETLEUR Lehman debts -469,117.19 EUR 1. 1. -469,117.19 -469,117.19 0.00 0.00 -0.51

RCOEUR Lending fees -91.45 EUR 1. 1. -91.45 -91.45 0.00 0.00 0.00


TOTAL (EUR) -469,208.64 -469,208.64 0.00 0.00 -0.51


RCOGBP Lending fees -282.08 GBP 1.16201078 1.1683607 -327.78 -329.57 0.00 -1.79 0.00


RCOUSD Lending fees -49.99 USD 0.72894579 0.7428592 -36.44 -37.13 0.00 -0.69 0.00

Other debt and accounts receivable TOTAL (EUR) -469,572.86 -469,575.34 0.00 -2.48 -0.51

Debts and accounts receivable

TOTAL (EUR) 5,238,020.16 5,290,076.58 0.00 52,056.42 5.74

Available funds

Assets in France

Security currency AUD AUSTRALIAN DOLLAR

BQCIAUD CACEIS Bank 58,100.08 AUD 0.7350174 0.7631257 42,704.57 44,477.72 140.06 1,633.09 0.05


BQCICAD CACEIS Bank 44,657.02 CAD 0.71933304 0.7306203 32,123.27 32,678.67 51.35 504.05 0.04


BQCICHF CACEIS Bank -68,869.31 CHF 0.81619331 0.8161932 -56,210.67 -56,213.17 -2.51 0.01 -0.06

Security currency CZK CZECH CROWN

BQCICZK CACEIS Bank 100,325.85 CZK 0.03918282 0.0395882 3,931.05 3,971.72 0.00 40.67 0.00

Security currency DKK DANISH CROWN

BQCIDKK CACEIS Bank 113,117.45 DKK 0.13436167 0.1344682 15,198.65 15,210.70 0.00 12.05 0.02


BQCIEUR CACEIS Bank -198,111.95 EUR 1. 1. -198,111.95 -198,113.37 -1.42 0.00 -0.21


BQCICBP CACEIS Bank 490,798.99 GBP 1.16561257 1.1683607 572,081.47 573,453.94 23.65 1,348.82 0.62

Security currency ISK ICELANDIC KRONA

BCCIISK CACEIS Bank 501,207,413. ISK 0.00382263 0.0033898 1,915,928.86 1,699,008.17 0.00 -216,920.69 1.84


BQCI3PY CACEIS Bank 21,976,543. JPY 0.00963828 0.0095692 211,816.08 210,290.95 -7.57 -1,517.56 0.23

CACEIS FASTNET








Security currency MXN MEXICAN NEW PESO

BQCIMXN CACEIS Bank 113,251.81 MXN 0.05375711 0.0547394 6,088.09 6,203.95 4.61 111.25 0.01

Security currency NOK NORWEGIAN CROWN

BQCINOK CACEIS Bank 62,925.83 NOK 0.12749661 0.1287763 8,022.83 8,118.69 15.34 80.52 0.01

Security currency NZD NEW ZEALAND DOLLAR

BQCINZD CACEIS Bank 106,643.05 NZD 0.57183051 0.5775839 60,981.75 61,699.16 103.85 613.56 0.07

Security currency PLN POLISH ZLOTY

BOCIPLN CACEIS Bank 92,201.47 PLN 0.22562449 0.2224817 20,802.91 20,561.46 48.32 -289.77 0.02

Security currency SEK SWEDISH CROWN

BQCISEK CACEIS Bank 103,633.05 SEK 0.10850824 0.1101533 11,245.04 11,424.13 8.60 170.49 0.01

Security currency SGD SINGAPORE DOLLAR

BCCISGD CACEIS Bank 73,668.63 SGD 0.57572104 0.5797941 42,412.58 42,715.09 2.45 300.06 0.05

Security currency TRY TURKISH NEW LIRA

BQCITRY CACEIS Bank 86,217.45 TRY 0.40080958 0.4071578 34,556.78 35,104.11 0.00 547.33 0.04


BQCIUSD CACEIS Bank -280,518.94 USD 0.74285925 0.7428592 -208,386.09 -208,386.09 0.00 0.00 -0.23

Assets in France

TOTAL (EUR) 2,515,185.22 2,302,205.83 386.73 -213,366.12 2.50

Forward transactions


ISWC3443313 A MXN USD 05/12/11 RECEIVED 05/12/11 146,500,000. MXN 0.0726 30/11/11 0.07364 7,779,881.43 8,014,180.42 0.00 234,298.99 8.69

PAID 05/12/11 -10,639,765.85 USD 1. 30/11/11 1. -7,779,881.43 -7,903,705.94 0.00 -123,824.51 -8.57

ISWC3444672 V MXN USD 05/12/11 RECEIVED 05/12/11 1,993,458.5 USD 1. 30/11/11 1. 1,444,430.48 1,480,832.38 0.00 36,401.90 1.61

PAID 05/12/11 -27,000,000. MXN 0.0738 30/11/11 0.07364 -1,444,430.48 -1,477,016.19 0.00 -32,585.71 -1.60


PAID 05/12/11 -2,018,600.73 USD 1. 30/11/11 1. -1,468,821.02 -1,499,509.18 0.00 -30,688.16 -1.63


PAID 05/12/11 -26,700,000. MXN 0.0741 30/11/11 0.07364 -1,438,315.01 -1,460,604.90 0.00 -22,289.89 -1.58

ISWC3451790 V DKK EUR 05/12/11 RECEIVED 05/12/11 161,241.97 EUR 1. 30/11/11 1. 161,241.97 161,226.58 0.00 -15.39 0.17

PAID 05/12/11 -1,200,000. DKK 0.1344 30/11/11 0.13447 -161,241.97 -161,343.97 0.00 -102.00 -0.18


PAID 05/12/11 -1,990,370.88 USD 1. 30/11/11 1. -1,464,908.28 -1,478,538.75 0.00 -13,630.47 -1.60


PAID 05/12/11 -27,200,000. MXN 0.0738 30/11/11 0.07364 -1,473,106.73 -1,487,957.05 0.00 -14,850.32 -1.61

ISWC3464332 V MXN USD 05/12/11 RECEIVED 05/12/11 3,481,949.82 USD 1. 30/11/11 1. 2,607,909.09 2,586,551.98 0.00 -21,357.11 2.81

PAID 05/12/11 -49,000,000. MXN 0.0711 30/11/11 0.07364 -2,607,909.09 -2,680,510.86 0.00 -72,601.77 -2.91

ISW 3465034 A MXN USD 05/12/11 RECEIVED 05/12/H 49,200,000. MXN 0.0708 30/11/11 0.07364 2,607,201.30 2,691,451.72 0.00 84,250.42 2.92

PAID 05/12/11 -3,481,004.82 USD 1. 30/11/11 1. -2,607,201.30 -2,585,849.99 0.00 21,351.31 -2.80

ISWC3465769 V MXN USD 05/12/H RECEIVED 05/12/11 5,472,744.17 USD 1. 30/11/11 1. 4,107,895.79 4,065,405.31 0.00 -42,490.48 4.41

CACEIS FASTNET








PAID 05/12/11 -77,000,000. MXN 0.0711 30/11/11 0.07364 -4,107,895.79 -4,212,231.35 0.00 -104,335.56 -4.57

ISWC3469775 A MXN USD 05/12/11 RECEIVED 05/12/11 35,000,000. MXN 0.0716 30/11/11 0.07364 1,879,426.10 1,914,650,61 0.00 35,224.51 2.08

PAID 05/12/11 -2,506,214.7 USD 1. 30/11/11 1. -1,879,426.10 -1,861,731.20 0.00 17,694.90 -2.02


PAID 05/12/11 -2,498,144.24 USD 1. 30/11/11 1. -1,873,374.01 -1,855,736.09 0.00 17,637.92 -2.01

Sub-total MATURITY DATE 05/12/11

TOTAL (EUR) 0.00 80,169.06 0.00 80,169.05 0.09

MATURITY DATE 06/12/11

ISWC3451916 A PLN EUR 06/12/11 RECEIVED 06/12/11 16,200,000. PLN 0.2276 30/11/11 0.22238 3,686,258.45 3,602,122.88 0.00 -84,135.57 3.91

PAID 06/12/11 -3,686,258.45 EUR 1. 30/11/11 1. -3,686,258.45 -3,685,801.56 0.00 456.89 -4.00

ISWC3454167 A PLN EUR 06/12/11 RECEIVED 06/12/11 8,800,000. PLN 0.2264 30/11/11 0.22238 1,992,488.77 1,956,708.72 0.00 -35,780.05 2.12

PAID 06/12/11 -1,992,488.77 EUR 1. 30/11/11 1. -1,992,488.77 -1,992,241.82 0.00 246.95 -2.16

ISWC3454293 V PLN EUR 06/12/U RECEIVED 06/12/11 1,996,963.71 EUR 1. 30/11/11 1. 1,996,963.71 1,996,716.20 0.00 -247.51 2.17

PAID 06/12/11 -8,800,000. PLN 0.2269 30/11/11 0.22238 -1,996,963.71 -1,956,708.72 0.00 40,254.99 -2.12

ISWC3456066 V PLN EUR 06/12/11 RECEIVED 06/12/11 1,992,316.45 EUR 1 30/11/11 1. 1,992,316.45 1,992,069.52 0.00 -246.93 2.16

PAID 06/12/11 -8,800,000. PLN 0.2264 30/11/11 0.22238 -1,992,316.45 -1,956,708.72 0.00 35,607.73 -2.12

ISWC3471738 A PLN EUR 06/12/11 RECEIVED 06/12/11 31,400,000. PLN 0.2222 30/11/11 0.22238 6,975,641.68 6,981,892.49 0.00 6,250.81 7.57

PAID 06/12/11 -6,975,641.68 EUR 1. 30/11/11 1. -6,975,641.68 -6,974,777.10 0.00 864.58 -7.57

Sub-total MATURITY DATE : 06/12/11

TOTAL (EUR) 0.00 -36,728.11 0.00 -36,728.11 -0.04


ISWC3451831 V NZD EUR 14/12/11 RECEIVED 14/12/11 457,424.37 EUR 1. 30/11/11 1. 457,424.37 457,308.77 0.00 -115.60 0.50

PAID 14/12/11 -800,000. NZD 0.5718 30/11/11 0.57711 -457,424.37 -461,573.55 0.00 -4,149.18 -0.50

ISWC3451894 V AUD EUR 14/12/11 RECEIVED 14/12/11 891,608.63 EUR 1. 30/11/11 1. 891,608.63 891,383.31 0.00 -225.32 0.97

PAID 14/12/11 -1,200,000. AUD 0.743 30/11/11 0.76193 -891,608.63 -914,080.18 0.00 -22,471.55 -0.99

ISWC3452146 V CAD EUR 14/12/11 RECEIVED 14/12/11 287,825.69 EUR 1. 30/11/11 1. 287,825.69 287,752.95 0.00 -72.74 0.31

PAID 14/12/11 -400,000. CAD 0.7196 30/11/11 0.73049 -287,825.69 -292,123.15 0.00 -4,297.46 -0.32

ISWC3454107 A AUD EUR 14/12/11 RECEIVED 14/12/11 5,000,000. AUD 0.7457 30/11/11 0.76193 3,728,229.93 3,808,667.42 0.00 80,437.49 4.13

PAID 14/12/11 -3,728,229.93 EUR 1. 30/11/11 1. -3,728,229.93 -3,727,287.75 0.00 942.18 -4.04

ISWC3456072 V AUD EUR 14/12/11 RECEIVED 14/12/11 3,731,440.75 EUR 1. 30/11/11 1. 3,731,440.75 3,730,497.76 0.00 -942.99 4.05

PAID 14/12/11 -5,000,000. AUD 0.7463 30/11/11 0.76193 -3,731,440.75 -3,808,667.42 0.00 -77,226.67 -4.13


PAID 14/12/11 -3,743,338.73 EUR 1. 30/11/11 1. -3,743,338.73 -3,742,392.74 0.00 945.99 -4.06


PAID 14/12/11 -4,059,332.95 EUR 1. 30/11/11 1. -4,059,332.95 -4,058,307.10 0.00 1,025.85 -4.40

ISWC 3465016 V AUD EUR 14/12/11 RECEIVED 14/12/11 2,173,213.84 EUR 1. 30/11/11 1. 2,173,213.84 2,172,664.64 0.00 -549.20 2.36

PAID 14/12/11 -3,000,000. AUD 0.7244 30/11/11 0.76193 -2,173,213.84 -2,285,200.45 0.00 -111,986.61 -2.48


PAID 14/12/11 -1,822,890.84 EUR 1. 30/11/11 1. -1,822,890.84 -1,822,430.17 0.00 460.67 -1.98

Sub-total MATURITY DATE 14/12/11

TOTAL (EUR) 0.00 214,920.98 0.00 214,920.98 0.23


ISWC3456195 A NOK EUR 15/12/11 RECEIVED 15/12/11 11,400,000. NOK 0.1281 30/11/11 0.12868 1,459,728.21 1,466,516.30 0.00 6,788.09 1.59

PAID 15/12/11 -1,459,728.21 EUR 1. 30/11/11 1. -1,459,728.21 -1,459,325.16 0.00 403.05 -1.58

ISWC3456480 A SEK EUR 15/12/11 RECEIVED 15/12/11 35,000,000. SEK 0.1093 30/11/11 0.11008 3,826,505.37 3,851,810.68 0.00 25,305.31 4.18

CACEIS FASTNET








PAID 15/12/11 -3,826,505.37 EUR 1. 30/11/11 1. -3,826,505.37 -3,825,448.83 0.00 1,056.54 -4.15

ISWC3456980 V SEK EUR 15/12/11 RECEIVED 15/12/11 4,003,619.45 EUR 1. 30/11/11 1. 4,003,619.45 4,002,514.01 0.00 -1,105.44 4.34

PAID 15/12/11 -36,600,000. SEK 0.1094 30/11/11 0.11008 -4,003,619.45 -4,027,893.46 0.00 -24,274.01 -4.37

ISWC3461912 A NOK EUR 15/12/11 RECEIVED 15/12/11 39,200,000. NOK 0.1275 30/11/11 0.12868 4,995,894.95 5,042,757.79 0.00 46,862.84 5.47

PAID 15/12/11 -4,995,894.95 EUR 1. 30/11/11 1. -4,995,894.95 -4,994,515.53 0.00 1,379.42 -5.42

ISWC3461916 A SEK EUR 15/12/11 RECEIVED 15/12/11 27,500,000. SEK 0.1086 30/11/11 0.11008 2,985,111.89 3,026,422.68 0.00 41,310.79 3.28

PAID 15/12/11 -2,985,111.89 EUR 1. 30/11/11 1. -2,985,111.89 -2,984,287.67 0.00 824.22 -3.24

ISWC3464172 V NOK EUR 15/12/11 RECEIVED 15/12/11 5,016,311.35 EUR 1. 30/11/11 1. 5,016,311.35 5,014,926.29 0.00 -1,385.06 5.44

PAID 15/12/11 -39,100,000, NOK 0.1283 30/11/11 0.12868 -5,016,311.35 -5,029,893.61 0.00 -13,582.26 -5.46

Sub-total MATURITY DATE: 15/12/11

TOTAL (EUR) 0.00 83,583.49 0.00 83,583.49 0.09


ISWC3454319 A TRY USD 16/12/11 RECEIVED 16/12/11 4,100,000. TRY 0.5575 30/11/11 0.54566 1,676,709.67 1,661,816.77 0.00 -14,892.90 1.80

PAID 16/12/11 -2,285,858.29 USD 1. 30/11/11 1. -1,676,709.67 -1,697,953.50 0.00 -21,243.83 -1.84

ISWC3456437 A SCD USD 16/12/11 RECEIVED 16/12/11 9,200,000. SGD 0.7729 30/11/11 0.78053 5,258,022.71 5,334,032.31 0.00 76,009.60 5.79

PAID 16/12/11 -7,110,424.11 USD 1. 30/11/11 1. -5,258,022.71 -5,281,678.91 0.00 -23,656.20 -5.73

ISWC3464165 V TRY USD 16/12/11 RECEIVED 16/12/11 960,796.31 USD 1. 30/11/11 1. 719,616.75 713,687.05 0.00 -5,929.70 0.77

PAID 16/12/11 -1,800,000. TRY 0.5338 30/11/11 0.54566 -719,616.75 -729,578.09 0.00 -9,961.34 -0.79

ISWC3471761 A SCD USD 16/12/11 RECEIVED 16/12/11 6,400,000. SGD 0.7795 30/11/11 0.78053 3,710,682.71 3,710,631.17 0.00 -51.54 4.02

PAID 16/12/11 -4,989,086.37 USD 1. 30/11/11 1. -3,710,682.71 -3,705,932.57 0.00 4,750.14 -4.02


TOTAL (EUR) 0.00 5,024.23 0.00 5,024.23 0.01


ISWC3457827 V CZK EUR 19/12/11 RECEIVED 19/12/11 97,757.6 EUR 1. 30/11/11 1. 97,757.60 97,720.76 0.00 -36.84 0.11

PAID 19/12/11 -2,500,000. CZK 0.0391 30/11/11 0.03959 -97,757.60 -98,933.41 0.00 -1,175.81 -0.11

ISWC3458126 A GBP EUR 19/12/11 RECEIVED 19/12/11 3,000,000. GBP 1.17 30/11/11 1.16843 3,509,843.36 3,503,975.42 0.00 -5,867.94 3.80

PAID 19/12/11 -3,509,843.36 EUR 1. 30/11/11 1. -3,509,843.36 -3,508,520.71 0.00 1,322.65 -3.81

ISWC3458273 V GBP EUR 19/12/11 RECEIVED 19/12/11 23,884,422.7 EUR 1. 30/11/11 1. 23,884,422.70 23,875,422.12 0.00 -9,000.58 25.90

PAID 19/12/11 -20,500,000. GBP 1.1651 30/11/11 1.16843 -23,884,422.70 -23,943,832.05 0.00 -59,409.35 -25.97

ISWC3468596 V CHF EUR 19/12/11 RECEIVED 19/12/11 9,765,887.27 EUR 1. 30/11/11 1. 9,765,887.27 9,762,207.10 0.00 -3,680.17 10.59

PAID 19/12/11 -12,000,000. CHF 0.8138 30/11/11 0.8164 -9,765,887.27 -9,793,083.28 0.00 -27,196.01 -10.62

ISWC3469413 V CHF EUR 19/12/11 RECEIVED 19/12/11 162,630.85 EUR 1. 30/11/11 1. 162,630.85 162,569.56 0.00 -61.29 0.18

PAID 19/12/11 -200,000. CHF 0.8132 30/11/11 0.8164 -162,630.85 -163,218.05 0.00 -587.20 -0.18


TOTAL (EUR) 0.00 -105,692.54 0.00 -105,692.54 -0.11


ISWC3465836 V JPY EUR 20/12/11 RECEIVED 20/12/11 5,523,716.12 EUR 1. 30/11/11 1. 5,523,716.12 5,521,485.62 0.00 -2,230.50 5.99

PAID 20/12/11 -570,000,000. JPY 0.0097 30/11/11 0.00957 -5,523,716.12 -5,454,201.77 0.00 69,514.35 -5.92

ISWC3468132 V JPY EUR 20/12/11 RECEIVED 20/12/11 3,707,612.84 EUR 1. 30/11/11 1. 3,707,612.84 3,706,115.69 0.00 -1,497.15 4.02

PAID 20/12/11 -385,000,000. JPY 0.0096 30/11/11 0.00957 -3,707,612.84 -3,683,978.39 0-00 23,634.45 -4.00


TOTAL (EUR) 0.00 89,421.15 0.00 89,421.15 0.10


ISWC3460586 V USD EUR 21/12/11 RECEIVED 21/12/11 4,939,636.9 EUR 1. 30/11/11 1. 4,939,636.90 4,937,505.54 0.00 -2,131.36 5.36

CACEIS FASTNET








PAID 21/12/11 -6,700,000. USD 0.7373 30/11/11 0.74311 -4,939,636.90 -4,976,663.56 0.00 -37,026.66 -5.40


PAID 21/12/11 -4,800,000. USD 0.7433 30/11/11 0.74311 -3,567,754.63 -3,565,370.91 0.00 2,383.72 -3.87


PAID 21/12/11 -6,800,000, USD 0.7396 30/11/11 0.74311 -5,029,291.93 -5,050,942.12 0.00 -21,650.19 -5.48


PAID 21/12/11 -5,600,000. USD 0.7467 30/11/11 0.74311 -4,181,226.29 -4,159,599.39 0.00 21,626.90 -4.51

ISWC3465757 A USD EUR 21/12/11 RECEIVED 21/12/11 16,700,000. USD 0.7464 30/11/11 0.74311 12,464,416.70 12,404,519.62 0.00 -59,897.08 13.46

PAID 21/12/11 -12,464,416.7 EUR 1. 30/11/11 1. -12,464,416.70 -12,459,038.55 0.00 5,378.15 -13.51


PAID 21/12/11 -6,800,000. USD 0.7503 30/11/11 0.74311 -5,101,853.25 -5,050,942.12 0.00 50,911.13 -5.48


PAID 21/12/11 -5,700,000. USD 0.7536 30/11/11 0.74311 -4,295,419.35 -4,233,877.95 0.00 61,541.40 -4.59

ISWC3468538 A USD EUR 21/12/11 RECEIVED 21/12/11 1,200,000. USD 0.7485 30/11/11 0.74311 898,247.97 891,342.73 0.00 -6,905.24 0.97

PAID 21/12/11 -898,247.97 EUR 1. 30/11/11 1. -898,247.97 -897,860.39 0.00 387.58 -0.97


TOTAL (EUR) 0.00 5,050.03 0.00 5,050.03 0.01


ICAT3465427 A INR USD 30/12/11 RECEIVED 30/12/11 314,940,000. INR 0.0191 30/11/11 0.01902 4,503,659.21 4,448,587.99 0.00 -55,071.22 4.83

PAID 30/12/11 -6,000,000. USD 1. 30/11/11 1. -4,503,659.21 -4,456,320.03 0.00 47,339.18 -4.83


TOTAL (EUR) 0.00 -7,732.04 0.00 -7,732.04 -0.01

Forward transactions

TOTAL (EUR) 0.00 328,016.25 0.00 328,016.25 0.36

Cash Collateral


5374401C EDF 0. EUR 0. 1. 0.00 19.81 19.81 0.00 0.00

5374404C EDF 0. EUR 0. 1. 0.00 3.46 3.46 0.00 0.00

5452401C GDF SUEZ 0. EUR 0. 1. 0.00 20.77 20.77 0.00 0.00

6084101C EDF 0. EUR 0. 1. 0.00 4.59 4.59 0.00 0.00

6982601C EON DEOOOENAG999 0. EUR 0. 1. 0.00 5.11 5.11 0.00 0.00

8287401C CARREFOUR 65,935.27 EUR 1. 1. 65,935.27 65,962.07 26.80 0.00 0.07

C0002859 RWE 6982301 0. EUR 0. 1. 0.00 10.78 10.78 0.00 0.00

OCE-00001797 EDF 6461101 0. EUR 0. 1. 0.00 20.80 20.80 0.00 0.00

OCE-00002125 E.ON 6560301 0. EUR 0. 1. 0.00 9.67 9.67 0.00 0.00

0CE-00002126 E.ON 6587501 0. EUR 0. 1. 0.00 20.33 20.33 0.00 0.00

OCE-00002567 GDF 6983701 0. EUR 0. 1. 0.00 13.02 13.02 0.00 0.00


TOTAL (EUR) 65,935.27 66,090.41 155.14 0.00 0.07

CACEIS FASTNET





SECURITY STATUS FILE QUANTITY AND LISTING CURRENCY U.C.P. DATE PRICE I <--------------------- . Portfolio currency -------------------> PRCT

SEC/LINE QUANTITY EXPR. CURREN

CY

AND PRICE EXPR. LISTING SECURITY F TOTAL COST PRICE STOCK MARKET VALUE ACCR. COUPON TOTAL CAP. GAIN/LOSS NET ASS.

VAL.

Available funds

TOTAL (EUR) 2,581,120.49 2,696,312.49 541.87 114,650.13 2.92

VIII – LIQUIDITY MANAGEMENT

TOTAL (EUR) 7,819,140.65 7,986,389.07 541.87 166,706.55 8.66

PORTFOLIO: AMUNDI DYNARBITRAGE INTERNATIONAL (050805)

(EUR) 100,636,979.42 92,190,884.29 591,992.71 -9,038,087.84 100.00

CACEIS FASTNET





Securities portfolio:

84,532,511.47

Coupons and dividends to receive:

61,245.95

Daily management fees Fixed mgmt. Fees : Retrocession securities lending :

2,015.14

-173.08

EUR EUR

Unit Currency Net assets C FR0010003202 AMUNDI DYNARBIT.INT EUR 92,190,884.29

Number of units 15,016.533

Net asset value 6,139.29

Coefficient Exchange Std subscription price 6,139.29

Std repurchase price 6,139.29

Total net assets in EUR: 92,190,884,29

Previous NAV at 29/11/11:

C CAPITALISABLE UNITS Prev. LV: 6,097.62 (EUR) Variation: +0.683%

Savings taxation: weights and statuses of portfolio units

Report type: TISF TIS France

Official weights and statuses at 30/11/11: DD Weight: 67.78 DD Status: I DI Weight : 71.05 DI Status: M

Unofficial weights at 30/11/11

DD Weight: 67.78 DI Weight : 71.05

CACEIS FASTNET





PRICES OF CURRENCIES USED

by valuation via inventory via previous valuation

variation

Rate AUD to EUR : 0.7631257631 listing : 30/11/11 0. 0.7506662163 listing : 29/11/11 1.6598

Rate CAD to EUR : 0.7306202966 listing : 30/11/11 0. 0.7288098535 listing : 29/11/11 0.24841

Rate CHF to EUR : 0.8161932746 listing : 30/11/11 0. 0.8144980656 listing : 29/11/11 0.20813

Rate CZK to EUR : 0.0395882819 listing : 30/11/11 0. 0.0391650022 listing : 29/11/11 1.08076

Rate DKK to EUR : 0.1344682453 listing : 30/11/11 0. 0.1344691494 listing : 29/11/11 -0.00067

Rate EUR to AUD : 1.3104 listing : 30/11/11 0. 1.33215 listing : 29/11/11 -1.6327

Rate EUR to BRL : 2.4261 listing : 30/11/11 0. 2.4621 listing : 29/11/11 -1.46217

Rate EUR to CAD : 1.3687 listing : 30/11/11 0. 1.3721 listing : 29/11/11 -0.2478

Rate EUR to CHF : 1.2252 listing : 30/11/11 0. 1.22775 listing : 29/11/11 -0.2077

Rate EUR to CZK : 25.26 listing : 30/11/11 0. 25.533 listing : 29/11/11 -1.0692

Rate EUR to DKK : 7.4367 listing : 30/11/11 0. 7.43665 listing : 29/11/11 0.00067

Rate EUR to GBP : 0.8559 listing : 30/11/11 0. 0.85415 listing : 29/11/11 0.20488

Rate EUR to INR : 70.27575 listing : 30/11/11 0. 69.37535 listing : 29/11/11 1.29787

Rate EUR to ISK : 295. listing : 30/11/11 0. 295. listing : 29/11/11 0.

Rate EUR to JPY : 104.50165 listing : 30/11/11 0. 103.75295 listing : 29/11/11 0.72162

Rate EUR to MXN : 18.26835 listing : 30/11/11 0. 18.60185 listing : 29/11/11 -1.79283

Rate EUR to NOK : 7.7654 listing : 30/11/11 0. 7.8003 listing : 29/11/11 -0.44742

Rate EUR to NZD : 1.73135 listing : 30/11/11 0. 1.75255 listing : 29/11/11 -1.20967

Rate EUR to PLN : 4.49475 listing : 30/11/11 0. 4.5314 listing : 29/11/11 -0.8088

Rate EUR to SEK : 9.07825 listing : 30/11/11 0. 9.1893 listing : 29/11/11 -1.20847

Rate EUR to SGD : 1.72475 listing : 30/11/11 0. 1.7268 listing : 29/11/11 -0.11872

Rate EUR to TRY : 2.45605 listing : 30/11/11 0. 2.4681 listing : 29/11/11 -0.48823

Rate EUR to USD : 1.34615 listing : 30/11/11 0. 1.3335 listing : 29/11/11 0.94863

Rate GBP to EUR : 1.1683607898 listing : 30/11/11 0. 1.1707545513 listing : 29/11/11 -0.20446

Rate GBP to USD : 1.5727888772 listing : 30/11/11 0. 1.5612011942 listing : 29/11/11 0.74223

Rate INR to USD : 0.0191552563 listing : 30/11/11 0. 0.0192215246 listing : 29/11/11 -0.34476

Rate JPY to EUR : 0.0095692269 listing : 30/11/11 0. 0.0096382802 listing : 29/11/11 -0.71645

Rate MXN to USD : 0.0736875525 listing : 30/11/11 0. 0.0716864183 listing : 29/11/11 2.79151

Rate NOK to EUR : 0.128776367 listing : 30/11/11 0. 0.1282001974 listing : 29/11/11 0.44943

Rate NZD to EUR : 0.5775839663 listing : 30/11/11 0. 0.5705971299 listing : 29/11/11 1.22448

Rate PLN to EUR : 0.2224817843 listing : 30/11/11 0. 0.2206823498 listing : 29/11/11 0.8154

Rate SEK to EUR : 0.1101533886 listing : 30/11/11 0. 0.1088222171 listing : 29/11/11 1.22325

Rate SGD to USD : 0.7804899261 listing : 30/11/11 0. 0.772237665 listing : 29/11/11 1.06862

Rate TRY to USD : 0.5480955192 listing : 30/11/11 0. 0.5402941534 listing : 29/11/11 1.44391

Rate USD to EUR : 0.7428592653 listing : 30/11/11 0. 0.7499062617 listing : 29/11/11 -0.93972

Rate

USD to GBP : 0.6358132452 listing : 30/11/11 0. 0.6405324334 listing : 29/11/11 -0.73676

CACEIS FASTNET








statutory auditor pwc sellam - statutory auditing...

Documents