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

Sparinvest SICAV
Table of contents
SPARINVEST - GLOBAL VALUE 55
Statement of Net Assets 55
Statement of Changes in Net Assets 56
Changes in number of shares 57
Statement of Investments 58
Geographical and Economic Portfolio Breakdown 61
SPARINVEST - ETHICAL HIGH YIELD VALUE BONDS 63
Statement of Net Assets 63
Statement of Changes in Net Assets 64
Changes in number of shares 65
Statement of Investments 66
Geographical and Economic Portfolio Breakdown 69
SPARINVEST - HIGH YIELD VALUE BONDS 71
Statement of Net Assets 71
Statement of Changes in Net Assets 72
Changes in number of shares 73
Statement of Investments 74
Geographical and Economic Portfolio Breakdown 77
SPARINVEST - INSTITUTIONAL CORPORATE VALUE BONDS 79
Statement of Net Assets 79
Statement of Changes in Net Assets 80
Changes in number of shares 81
Statement of Investments 82
Geographical and Economic Portfolio Breakdown 85
SPARINVEST - INVESTMENT GRADE VALUE BONDS 86
Statement of Net Assets 86
Statement of Changes in Net Assets 87
Changes in number of shares 88
Statement of Investments 89
Geographical and Economic Portfolio Breakdown 91
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