semi-annual report 30 Sep 2008 - SEB Asset Management

Money Market Instruments, Investment Units and
Hedging Instruments as of 30 September 2008
I. Money market instruments Purchases
48 SEB ImmoInvest
(nom.) EUR thou.
from 1 Apr. 2008
to 30 Sept. 2008
Sales/disposals
(nom.) EUR thou.
from 1 Apr. 2008
to 30 Sept. 2008
Portfolio
(nom.)
EUR thou.
Market value
EUR thou. *
Debt securities issued by central banks and credit institutions 177,800 0 177,800 171,847
of which foreign issuers 177,800 0 177,800 171,847
Total money market instruments 177,800 0 177,800 171,847
II. Investment units Purchases
thou. units
from 1 Apr. 2008
to 30 Sept. 2008
Sales/disposals
thou. units
from 1 Apr. 2008
to 30 Sept. 2008
Portfolio
thou. units
Market value
EUR thou. *
Units of SEB Immo Cash special fund 0 9,182 19,319 932,914
Units of SEB Total Return Quant Fund mutual fund 22 0 22 22,050
Total investment units 22 9,182 19,341 954,964
III. Securities repurchase transactions Market value
Open items
Repayment obligations for securities sold under
repurchase agreements
EUR thou. *
153,257
Total securities repurchase transactions 153,257
IV. Hedging transactions Purchases
EUR thou. equiv.
from 1 Apr. 2008
to 30 Sept. 2008
a)
Purchases and sales of financial instruments
entered into during the period under review
and no longer appearing in the statement of
assets
Sales
EUR thou. equiv.
from 1 Apr. 2008
to 30 Sept. 2008
Total volume
EUR thou. equiv.
from 1 Apr. 2008
to 30 Sept. 2008
Sales volume
nom. currencies
from 1 Apr. 2008
to 30 Sept. 2008
RMB 82,545 0 82,545 0
JPY 49,687 0 49,687 0
SEK 20,037 0 20,037 0
SGD 137,357 0 137,357 0
USD 174,745 5,006 179,751 7,800,000
Total 464,371 5,006 469,377
Market value
sales
EUR thou.
Market value
reporting date*
EUR thou.
Preliminary
result
EUR thou.
Sales
nominal
in currencies
b) Open items
RMB 146,754 146,845 – 91 1,449,600,000
JPY 85,106 88,786 – 3,680 13,880,000,000
SEK 29,026 28,056 970 295,000,000
SGD 233,505 240,374 – 6,869 483,526,000
USD 246,007 256,895 – 10,888 390,300,000
Total 740,398 760,956 – 20,558
c) Closed out transactions not yet due
Market value
sales
EUR thou.
Market value
reporting date*
EUR thou.
Preliminary
result
EUR thou.
Sales
nominal
in currencies
JPY 4,760 4,760 0 755,000,000
SEK 20,604 21,357 – 753 195,000,000
USD 14,878 14,878 0 21,800,000
Total 40,242 40,995 – 753
* The money market instruments, investment units and forward exchange transactions were measured at their market price, unit value/redemption price, or
forward rate on 30 September 2008.
SEB Immo Cash
Key figures Investment structure
in % of the
Fund volume Credit rating structure
Return (1 Apr. 2008 – 30 Sept. 2008) – 2.1% Bank deposits 8.9 AAA 41.8
Return p.a. (1 Oct.2007 – 30 Sept. 2008 – 1.84% p.a. Securities 91.1 AA 19.4
Duration 0.15 years A 32.5
BBB 5.9
B 0.3
in % of the
Fund volume