MAZARS
AGRESSOR FUND 53, Avenue d’IENA 75116 PARIS
Statement of the auditors Composition of the assets as at 29 June 2012
AGRESSOR FUND Composition of the assets as at 29 June 2012
Statement of the auditors As auditors of the AGRESSOR fund and in implementation of the provisions set down in article L. 214-17 of the French Monetary and Financial Code and in article 32 VI of AMF instruction no. 2011-19 adopted pursuant to the General Regulations of the AMF, we have verified the accuracy of the composition of the assets as appended to this statement. The composition of the assets was established under the responsibility of the management company. It falls to us, on the basis of our audits, to certify its accuracy. We have performed the procedures that we considered necessary in accordance with the professional standards of the French national audit body (Compagnie Nationale des Commissaires aux Comptes) relating to this assignment. These procedures involved appraising the accuracy of the information in terms of its coherence, its plausibility and its relevance. An audit of this nature, limited in terms of its objective, essentially consists of analytical procedures and meetings with the persons responsible for the information provided. We have no comments to make on the accuracy of the information provided in the appended document.
Executed at Courbevoie, 3 August 2012
The auditors
Mazars: Gilles DUNAND-ROUX
FR0010581702
FR0011188150
IC
I2
816 959 026.86
Total
857 890 987.04
40 274 650.89
Cash & Equivalent
657 309.29
Coupons & Dividends
Securities
841 135 221.07
40 274 650.89
657 420.36
800 203 149.82
Book Cost FCY
FR0010321802
C
Market Value FCY
ISIN Code
Unit
Summary
16 755 765.97
-111.07
16 755 877.04
P&L
986.04000
1 057.36000
1 154.50000
NAV per share
Code 74003
Fund description
AGRESSOR
Fund description
Statement of Holdings of AGRESSOR as of 29/06/2012
Accruals
986.04000
26 948 061.26000
830 941 939.74000 EUR
EUR
EUR
Class Net Asset Value NAV Ccy
857 890 987.04 EUR
Net asset value Ccy
NAV Status
1.00000
25 486.14200
719 736.26300
Outstanding shares
OFF
08/08/2012 - Page 1 - Groupe Societe Générale
PIAGGIO & C
VIEL & CIE
VILMORIN & CIE
ZODIAC AEROSPACE
FR0000050049
FR0000052516
FR0000125684
SODEXO
FR0000121220
SOMFY
SERCO GROUP
GB0007973794
THE SWATCH GROUP
SEB
FR0000121709
CH0012255151
SCOR SE ACT PROV
FR0010411983
FR0000120495
SAFRAN
SCHNEIDER ELECTRIC SA
FR0000073272
FR0000121972
RECKITT BENCKISER GROUP PLC
NOVOZYMES AS-B
DK0060336014
IT0003073266
RALLYE
NORBERT DENTRESSANGLE (GROUPE)
FR0000052870
FR0000060618
NEXTRADIOTV
FR0010240994
GB00B24CGK77
MICHELIN (CGDE)-SA
HEXAGON B
SE0000103699
FR0000121261
GUERBET
FR0000032526
MANUTAN INTERNATIONAL
GROUPE STERIA SCA
FR0000072910
FR0000032302
GROUPE GUILLIN
FR0000051831
HIGH CO
FAURECIA
FR0000121147
LECTRA
EXEL INDUSTRIES
FR0004527638
FR0000054231
EXACOMPTA CLAIREFONTAINE
FR0000064164
FR0000065484
CRODA INTERNATIONAL PLC
DANONE
CONTINENTAL AG
DE0005439004
GB0002335270
CLARIANT (NAMEN)
CH0012142631
FR0000120644
CIE FIN RICHEMONT
BUREAU VERITAS
FR0006174348
CH0045039655
BOURBON
FR0004548873
CEGEDIM
BOLLORE SA
FR0000039299
CFAO
BIC
FR0000120966
FR0000053506
ASSOCIATED BRITISH FOODS
FR0000060501
ALTRAN TECHNOLOGIES
FR0000034639
Asset description
GB0006731235
Equities
Securities
Security code
Holdings
Statement of Holdings of AGRESSOR as of 29/06/2012
530 000.00
150 000.00
3 987 142.00
95 000.00
10 010.00
500 000.00
4 255 000.00
550 000.00
1 550 000.00
300 000.00
1 180 000.00
560 000.00
880 000.00
10 500 000.00
330 000.00
439 545.00
913 000.00
450 000.00
209 000.00
2 475 000.00
670 000.00
1 800 000.00
102 500.00
1 366 305.00
41 500.00
1 900 000.00
396 000.00
62 700.00
400 000.00
1 250 000.00
520 000.00
1 500 000.00
720 000.00
820 000.00
428 000.00
370 000.00
1 000 000.00
120 000.00
350 000.00
1 700 000.00
6 230 000.00
Quantity / Amount
80.09000 EUR
83.63000 EUR
2.38000 EUR
373.50000 CHF
146.11000 EUR
61.40000 EUR
5.36000 GBP
48.94000 EUR
19.11000 EUR
43.73000 EUR
29.20000 EUR
33.65000 GBP
22.50000 EUR
1.97100 EUR
151.80000 DKK
50.00000 EUR
12.28000 EUR
51.48000 EUR
29.99000 EUR
4.50000 EUR
5.51000 EUR
118.20000 SEK
65.00000 EUR
12.19000 EUR
53.50000 EUR
13.05000 EUR
32.50000 EUR
61.50000 EUR
49.01500 EUR
22.63000 GBP
65.62000 EUR
9.32500 CHF
51.85000 CHF
37.33000 EUR
23.60000 EUR
70.14000 EUR
19.00000 EUR
172.45000 EUR
81.40000 EUR
12.82000 GBP
3.46200 EUR
Price Ccy
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
Price Date
21 444 259.00
11 186 265.18
14 811 907.56
29 347 526.40
1 189 318.02
21 597 062.09
29 192 172.83
25 770 285.35
27 126 055.11
13 122 755.14
19 804 802.23
22 478 492.62
28 870 930.51
23 995 210.00
7 255 763.36
18 817 949.38
15 682 875.27
22 379 774.96
8 452 835.89
13 596 914.25
5 581 572.73
20 815 459.29
7 200 338.26
37 809 175.25
1 921 786.54
31 583 700.49
9 015 771.34
8 159 560.81
16 064 687.92
26 343 286.66
26 081 230.27
14 895 524.38
33 622 140.05
23 101 426.64
24 663 952.81
15 090 226.76
24 083 023.05
19 617 682.47
23 554 707.52
19 370 682.81
31 504 058.64
Book Cost FCY
42 447 700.00
12 544 500.00
9 489 397.96
29 495 012.47
1 462 561.10
30 700 000.00
28 268 220.13
26 917 000.00
29 620 500.00
13 119 000.00
34 456 000.00
23 356 470.00
19 800 000.00
20 695 500.00
6 739 042.70
21 977 250.00
11 211 640.00
23 166 000.00
6 267 910.00
11 137 500.00
3 691 700.00
24 252 234.18
6 662 500.00
16 655 257.95
2 220 250.00
24 795 000.00
12 870 000.00
3 856 050.00
19 606 000.00
35 061 353.50
34 122 400.00
11 627 182.04
31 032 418.95
30 610 600.00
10 100 800.00
25 951 800.00
19 000 000.00
20 694 000.00
28 490 000.00
27 012 890.43
21 568 260.00
Market Value FCY
Accruals
21 003 441.00
1 358 234.82
-5 322 509.60
147 486.07
273 243.08
9 102 937.91
-923 952.70
1 146 714.65
2 494 444.89
-3 755.14
14 651 197.77
877 977.38
-9 070 930.51
-3 299 710.00
-516 720.66
3 159 300.62
-4 471 235.27
786 225.04
-2 184 925.89
-2 459 414.25
-1 889 872.73
3 436 774.89
-537 838.26
-21 153 917.30
298 463.46
-6 788 700.49
3 854 228.66
-4 303 510.81
3 541 312.08
8 718 066.84
8 041 169.73
-3 268 342.34
-2 589 721.10
7 509 173.36
-14 563 152.81
10 861 573.24
-5 083 023.05
1 076 317.53
4 935 292.48
7 642 207.62
-9 935 798.64
P&L
4.95
1.46
1.11
3.44
0.17
3.58
3.30
3.14
3.45
1.53
4.02
2.72
2.31
2.41
0.79
2.56
1.31
2.70
0.73
1.30
0.43
2.83
0.78
1.94
0.26
2.89
1.50
0.45
2.29
4.09
3.98
1.36
3.62
3.57
1.18
3.03
2.22
2.41
3.32
3.15
2.51
% TNA
08/08/2012 - Page 2 - Groupe Societe Générale
PHILEAS L/S EUROPE I
FR0011023910
1 700 000.00
RedemPybl-Hedge
Sous recev EUR BPP
Vte diff titres EUR
RP021EUR
SR021EUR
SDS021EUR
PnVstdVarFee
F171EURIC
Price Date
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
29/06/2012
Currency
EUR/CHF
EUR/CNY
EUR/DKK
EUR/GBP
EUR/HKD
EUR/NOK
EUR/SEK
EUR/USD
Used FX Rates
Total Cash & Equivalent
Total MANAGEMENT FEES
PnInvstMgrFee
PnVarFee
F110EURIC
PnInvstMgrFee
F110EURI2
F170EURIC
PnInvstMgrFee
F110EURC
MANAGEMENT FEES
Total CURRENT ACCOUNTS + SUSPENSE ACCOUNTS
BkDep EUR BPP
DsPur-Sec
BK021EUR
BDS021EUR
CURRENT ACCOUNTS + SUSPENSE ACCOUNTS
1.25900000
8.77280000
7.53300000
9.76580000
0.80680000
7.43340000
8.00110000
1.20300000
Used FX Rate
-103 017.22
-479 479.66
-6 086.37
-0.20
-372 226.68
1 185 679.07
877 304.07
-313 285.45
-1 468 049.68
0.79428118
0.11398869
0.13274924
0.10239817
1.23946455
0.13452794
0.12498281
0.83125520
Reverse FX Rate
1.00000 EUR
1.00000 EUR
1.00000 EUR
1.00000 EUR
1.00000 EUR
1.00000 EUR
1.00000 EUR
1.00000 EUR
1.00000 EUR
1.00000 EUR
29/06/2012 29/06/2012
478 206.75
179 213.61
800 203 149.82
3 999 999.98
2 999 999.98
1 000 000.00
796 203 149.84
Book Cost FCY
40 274 650.89
-960 810.13
-103 017.22
-479 479.66
-6 086.37
-0.20
-372 226.68
41 235 461.02
1 185 679.07
877 304.07
-313 285.45
-1 468 049.68
40 953 813.01
657 420.36
Cash & Equivalent
40 953 813.01
GBP EUR
28/06/2012
Price Date
Total Coupons & Dividends
1 366 305.00
106.97000 EUR
EUR
Price Ccy
657 420.36
GROUPE STERIA SCA
FR0000072910
29 981.54
10 000.00
Quantity / Amount
Total Equities
A.B FOODS
GB0006731235
Equities
Coupons & Dividends
Total Securities
Total Ucits
GEMEQUITY PART I
FR0011274984
Ucits
Total Equities
Statement of Holdings of AGRESSOR as of 29/06/2012 Security code Asset description
40 274 650.89
-960 810.13
-103 017.22
-479 479.66
-6 086.37
-0.20
-372 226.68
41 235 461.02
1 185 679.07
877 304.07
-313 285.45
-1 468 049.68
40 953 813.01
657 309.29
657 309.29
478 206.75
179 102.54
816 959 026.86
4 207 125.45
3 207 125.45
1 000 000.00
812 751 901.41
Market Value FCY
Accruals
-111.07
-111.07
-111.07
16 755 877.04
207 125.47
207 125.47
16 548 751.57
P&L
4.69
-0.11
-0.01
-0.06
0.00
-0.04
4.81
0.14
0.10
-0.04
-0.17
4.77
0.08
0.08
0.06
0.02
95.23
0.49
0.37
0.12
94.74
% TNA
08/08/2012 - Page 3 - Groupe Societe Générale