Sparinvest SICAV Semi Annual Report 2010 R.C.S. Luxembourg B ...

Sparinvest SICAV
SPARINVEST - PROCEDO
Statement of Investments (continued) as at June 30, 2010
(expressed in EUR)
Description
PHP
METROPOLITAN BANK & TRUST 219,850.97 PHP 187,235.22 243,207.38 0.16
Page
112
Quantity /
Face value
Currency
187,235.22
243,207.38 0.16
SEK
ALFA LAVAL AB 34,567.76 SEK 299,650.90 367,984.38 0.24
ASSA ABLOY AB/B 23,333.24 SEK 186,888.13 384,342.26 0.26
BE GROUP AB 12,962.91 SEK 47,505.86 59,879.12 0.04
BOLIDEN AB 4,753.07 SEK 40,958.38 43,487.20 0.03
BURE EQUITY AB 12,962.91 SEK 36,018.67 35,110.93 0.02
EAST CAPITAL EXPLORER AB 11,234.52 SEK 88,009.64 84,034.90 0.06
ELECTROLUX AB B 21,604.85 SEK 208,463.28 403,049.94 0.27
FABEGE AB 30,419.63 SEK 143,616.24 149,841.50 0.10
GETINGE AB B 15,555.49 SEK 210,112.99 244,633.40 0.16
GUNNEBO AB 8,641.94 SEK 27,805.55 25,403.26 0.02
HENNES & MAURITZ AB 17.28 SEK 373.26
388.67 -
INDUSTRIAL + FINANCIAL SYST-B 3,024.68 SEK 19,177.08 25,244.49 0.02
J.M.AB 6,913.55 SEK 64,668.78 76,391.23 0.05
KINNEVIK INVESTMENTS AB B 58,765.20 SEK 751,699.90 771,787.35 0.52
KUNGSLEDEN 12,962.91 SEK 61,123.86 64,097.87 0.04
LUNDBERGFOERETAGEN -B- 2,592.58 SEK 98,655.16 94,853.96 0.06
MODERN TIMES GROUP AB B 2,333.32 SEK 69,652.97 105,234.82 0.07
MUNTERS AB 4,320.97 SEK 23,815.35 21,456.69 0.01
Q-MED AB 12,962.91 SEK 55,599.33 87,777.34 0.06
RATOS B 4,320.97 SEK 102,160.32 89,274.32 0.06
SKANDINAV.ENSK.BANKEN A 51,851.64 SEK 219,837.34 226,179.74 0.15
SKF AB B 17,283.88 SEK 184,314.59 254,214.06 0.17
SVENSKA CELLUL. B 60,493.59 SEK 599,798.10 587,767.94 0.39
SWEDBANK AB -A- 77,777.47 SEK 573,358.87 586,270.97 0.39
TELE2 AB/B 12,962.91 SEK 166,121.06 158,815.74 0.11
VOSTOK GAS LTD/SWED. DEP. REC 1,685.18 SEK 2,921.42
38.92 -
VOSTOK NAFTA INV/SDR 22,469.05 SEK 69,972.90 58,028.31 0.04
WALLENSTAM AB 8,123.42 SEK 86,004.07 111,293.50 0.07
4,438,284.00
5,116,882.81 3.41
SGD
CITY DEVELOPMENTS LTD 21,604.85 SGD 94,112.61 139,974.79 0.09
DBS GROUP HOLDINGS LTD 23,333.24 SGD 202,908.19 186,310.23 0.12
FRASER AND NEAVE LTD 86,419.41 SGD 221,698.71 259,773.03 0.17
GOLDEN AGRI-RESOURCES LTD 691,355.26 SGD 158,794.69 213,871.39 0.14
JARDINE CYCLE & CARRIAGE LTD 16,419.69 SGD 217,116.69 287,515.79 0.20
KEPPEL CORP LTD 12,962.91 SGD 73,946.99 64,388.40 0.04
OVERSEA-CHINESE BANKING CORP 25,925.82 SGD 118,610.94 134,224.47 0.09
SINGAPORE AIRLINES LTD 12,962.91 SGD 109,085.20 110,466.59 0.07
UOL GROUP LTD 69,135.53 SGD 145,854.48 153,341.75 0.10
UTD OVERSEAS BK/LOCAL 23,333.24 SGD 224,798.85 267,208.09 0.19
1,566,927.35
The accompanying notes form an integral part of these financial statements.
Cost Market Value % net assets
1,817,074.53 1.21