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

Sparinvest SICAV
Notes to the Financial Statements (Continued)
as at June 30, 2010
NOTE 6 – CUSTODIAN AND CENTRAL ADMINISTRATION FEES (continued)
During the period, Sparinvest S.A. for the rendering of its services was entitled to central administration fees, payable monthly in arrears as
follows:
- SPARINVEST – EQUITAS 0.40%
- SPARINVEST – ETHICAL GLOBAL VALUE 0.40%
- SPARINVEST – EUROPEAN VALUE 0.40%
- SPARINVEST – GLOBAL SMALL CAP VALUE 0.40%
- SPARINVEST – GLOBAL VALUE 0.40%
- SPARINVEST – ETHICAL HIGH YIELD VALUE BONDS 0.20%
- SPARINVEST – HIGH YIELD VALUE BONDS 0.20%
- SPARINVEST – INSTITUTIONAL CORPORATE VALUE BONDS 0.20%
- SPARINVEST – INVESTMENT GRADE VALUE BONDS 0.12%
- SPARINVEST – LONG DANISH BONDS 0.13%
- SPARINVEST – PROCEDO 0.35%
- SPARINVEST – SECURUS 0.20%
These fees were calculated on the Net Asset Value of the Sub-Funds on each Valuation Date.
For the provision of its services, RBC Dexia Investor Services Bank S.A. is entitled to the following safe custody fees:
0.035% p.a. on the net assets from 0 to 500 million.
0.020% p.a. on the net assets from 500 million to 1 billion.
0.015% p.a. on the net assets over 1 billion.
In addition to the safe custody fees above, RBC Dexia Investor Services Bank S.A. is entitled to transaction charges in its capacity as
depositary bank.
NOTE 7 – FORWARD FOREIGN EXCHANGE CONTRACTS
As at June 30, 2010, the following forward foreign exchange contracts were outstanding:
SPARINVEST – ETHICAL HIGH YIELD VALUE BONDS Sub-Fund:
Purchase currency Purchase amount Sale currency Sale amount Maturity date
Unrealised
Gain/Loss (EUR)
EUR 22,616,000.48 USD 29,763,082.51 5/08/2010 (1,651,354.02)
EUR 905,326.28 GBP 788,426.03 5/08/2010 (58,071.48)
EUR 3245,556.44 NOK 25,623,845.85 5/08/2010 29,443.14
NOK 2,956,597.60 EUR 374,167.61 5/08/2010 (3,071.09)
USD 2,322,918.91 EUR 1,885,690.19 5/08/2010 8,285.00
TOTAL (1,674,768.45)
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