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 7 – FORWARD FOREIGN EXCHANGE CONTRACTS (continued)
SPARINVEST - SECURUS Sub-Fund:
Purchase currency Purchase amount Sale currency Sale amount Maturity date
Unrealised
Gain/Loss (EUR)
EUR 5,477,348.81 USD 7,156,006.11 5/08/2010 (357,301.08)
EUR 80,154.07 GBP 69,804.17 5/08/2010 (5,141.42)
EUR 287,348.94 NOK 2,268,635.62 5/08/2010 2,606.78
NOK 261,765.65 EUR 33,127.34 5/08/2010 (271.9)
USD 205,662.21 EUR 166,951.67 5/08/2010 733.53
TOTAL (359,374.09)
NOTE 8 – POOLING OF ASSETS
The assets of certain Sub-Funds are managed in common “pools”. Shareholders are advised that such pools are used solely for facilitating
the internal management process. These pools do not constitute separate entities and can therefore not directly be accessed by
shareholders. Each of the Sub-Funds is allocated its specific assets from each pool in which it invests. The assets attributable to each
participating Sub-Fund have been initially determined by reference to its initial allocation of assets to such a pool and will change in the
event of additional allocations or withdrawals from the participating Sub-Funds. The entitlements of each participating Sub-Fund to the pool
apply to each and every investment position of such pool. Additional investments made on behalf of the pooled Sub-Funds shall be
allotted to such Sub-Funds in accordance with their respective entitlements according to above-mentioned definition, whereas assets sold
shall be levied similarly on the assets attributable to each participating Sub-Fund.
Percentage of allocation in Pools as of 30.06.10:
SPARINVEST -
EQUITAS
SPARINVEST -
ETHICAL GLOBAL
VALUE
SPARINVEST -
GLOBAL VALUE
SPARINVEST –
ETHICAL HIGH
YIELD VALUE
BONDS
SPARINVEST -
HIGH YIELD
VALUE BONDS
SPARINVEST -
INVESTMENT
GRADE VALUE
BONDS
SPARINVEST -
PROCEDO
SPARINVEST -
SECURUS
Pool Pool Pool Pool Pool Pool Pool
Sparinvest Other Total
Sparinvest - Sparinvest - Sparinvest - Sparinvest - Sparinvest - Sparinvest - -
Global Emerging Short Long High Yield Corporate Ethical Investments
Equity Market European European Bonds Bonds Global
Bonds Bonds Bonds
Value
100.00% - - - - - - - 100.00%
Page I 164
- - - - - - 100.00% - 100.00%
- - - - - - 94.75% 5.25% 100.00%
- - - - 100.00% - - - 100.00%
- - - - 100.00% - - - 100.00%
- - - - - 100.00% - - 100.00%
68.08% 3.46% - 18.08% 4.50% 5.36% - 0.52% 100.00%
25.39% 6.13% 46.82% 11.38% 5.87% 4.41% - - 100.00%