MAZARS
FCP ECHIQUIER MAJOR 53, Avenue d’IENA 75116 PARIS
Auditor’s certification of the composition of the assets as at 28th June 2013
FCP ECHIQUIER MAJOR Composition of the assets as at 28th June 2013
Auditor’s certification of the composition of the assets as at 28th June 2013
To the management company In our capacity as auditor of the FCP ECHIQUIER MAJOR and pursuant to the provisions of Article L.214-17 of the Monetary and Financial Code on auditing the composition of the assets, we have produced this certification on the basis of the information given in the attached composition of the assets as at 28th June 2013. This information was produced on the responsibility of the management company. It is our duty to give an opinion on the consistency of the information contained in the composition of the assets on the basis of our knowledge of the UCITS acquired within the framework of our certification of the annual accounts. We have carried out the measures we considered necessary in the light of the professional doctrine of the Compagnie nationale des commissaires aux comptes (National Association of Auditors) relating to this work. These measures, which do not constitute an audit or a limited examination, essentially consisted of carrying out analytical procedures and interviews with the people who produce and check the information supplied. On the basis of our work, we have no observation to make on the consistency of the information given in the attached document on the basis of our knowledge of the UCITS acquired within the framework of our certification of the annual accounts. Given in Courbevoie on 2nd August 2013 The Auditor Mazars: Gilles DUNAND-ROUX
FR0011188275
IC
I2
Total
1 039 721 533.77
25 250 790.19
Cash & Equivalent
612 545.57
Coupons & Dividends
1 013 858 198.01
Securities
891 795 428.67
25 250 790.19
615 963.60
865 928 674.88
Book Cost FCY
FR0010581728
C
Market Value FCY
ISIN Code
FR0010321828
Unit
147 926 105.10
-3 418.03
147 929 523.13
P&L
1 192.11000
164.18000
174.42000
NAV per share
ECHIQUIER MAJOR
Summary
Code 74015
Fund description
Fund description
as of 28/06/2013
Statement of Holdings of ECHIQUIER MAJOR
Accruals
72 374 169.73000
20 891 288.73000
946 456 075.31000 EUR
EUR
EUR
Class Net Asset Value NAV Ccy
1 039 721 533.77 EUR
Net asset value Ccy
NAV Status
60 710.72900
127 239.61700
5 426 204.27100
Outstanding shares
OFF
8/23/2013 - Page 1 - Groupe Societe Générale
QIAGEN NV
RECKITT BENCKISER GROUP PLC
ROCHE HOLDING AG - BON DE JOUISSANCE DIVIDENDE
ROCKWOOL INTERNATIONAL B
SABMILLER
SAP AG
SCHNEIDER ELECTRIC SA
NL0000240000
GB00B24CGK77
CH0012032048
DK0010219153
GB0004835483
DE0007164600
FR0000121972
PRUDENTIAL PLC
GB0007099541
PRYSMIAN SPA
PEARSON
GB0006776081
PUBLICIS GROUPE
NOVOZYMES AS-B
DK0060336014
FR0000130577
NOVO NORDISK B
DK0060102614
IT0004176001
MICHELIN (CGDE)-SA
LVMH MOET HENNESSY LOUIS VUITTON
FR0000121014
NOVARTIS AG-NOM
LUXOTTICA GROUP
IT0001479374
CH0012005267
L'OREAL
FR0000120321
FR0000121261
LINDT AND SPRUENGLI PS
CH0010570767
HEXAGON B
SE0000103699
HSBC HOLDINGS PLC
HERMES INTERNATIONAL
FR0000052292
KRONES AG
HENNES & MAURITZ AB-B SHS
SE0000106270
GB0005405286
GEBERIT AG-NOM
CH0030170408
DE0006335003
ELEKTA AB B
FRESENIUS MEDICAL CARE AG & CO
DE0005785802
FR0000120644
SE0000163628
CRH PLC
DANONE
IE0001827041
CAPITA
CONTINENTAL AG
GB00B23K0M20
BRENNTAG AG
DE000A1DAHH0
DE0005439004
BOURBON
FR0004548873
BAYERISCHE MOTORENWERKE
BENETEAU
BARRY CALLEBAUT N
CH0009002962
DE0005190003
BONDUELLE SA
AIR LIQUIDE
FR0000120073
FR0000035164
AGGREKO
FR0000063935
ADIDAS NOM
GB00B4WQ2Z29
Asset description
DE000A1EWWW0
Equities
Securities
Security code
Holdings
299 500.000
466 000.000
743 000.000
121 900.000
133 500.000
451 000.000
1 372 000.000
368 000.000
1 209 000.000
2 634 000.000
1 995 000.000
862 000.000
189 400.000
461 000.000
510 000.000
217 400.000
282 000.000
93 900.000
3 340.000
392 400.000
4 250 000.000
934 000.000
78 700.000
686 000.000
54 800.000
384 000.000
1 489 766.000
441 000.000
1 365 000.000
220 000.000
1 925 000.000
265 600.000
1 020 800.000
648 304.000
1 882 000.000
235 000.000
38 000.000
337 600.000
914 000.000
274 000.000
Quantity / Amount
Statement of Holdings of ECHIQUIER MAJOR as of 28/06/2013
55.73000 EUR
56.26000 EUR
31.52500 GBP
801.50000 DKK
235.00000 CHF
46.48000 GBP
15.09500 EUR
54.70000 EUR
14.35000 EUR
10.75000 GBP
11.71000 GBP
183.40000 DKK
893.00000 DKK
67.10000 CHF
68.70000 EUR
124.50000 EUR
38.84000 EUR
126.25000 EUR
3 548.00000 CHF
54.69000 EUR
6.82000 GBP
179.30000 SEK
248.00000 EUR
220.40000 SEK
234.30000 CHF
54.53000 EUR
102.00000 SEK
57.66000 EUR
15.55000 EUR
102.60000 EUR
9.66000 GBP
116.70000 EUR
19.93500 EUR
18.36000 EUR
8.49000 EUR
67.18000 EUR
865.00000 CHF
94.87000 EUR
16.42000 GBP
83.14000 EUR
Price Ccy
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
Price Date
14 855 287.87
18 469 726.10
25 228 821.70
8 885 348.65
17 764 582.84
18 025 344.95
19 788 312.83
15 017 786.29
14 777 947.81
22 031 495.60
24 824 796.69
17 993 999.70
24 378 225.95
22 200 215.11
29 360 546.57
28 900 053.03
6 032 184.10
6 993 607.01
5 663 953.97
16 819 879.40
34 582 800.58
10 783 917.87
19 415 038.58
16 247 405.38
7 280 686.97
19 191 238.00
13 578 001.05
19 146 443.42
22 723 169.88
12 427 413.16
16 849 929.91
20 193 081.15
21 166 598.44
10 754 378.33
16 799 121.23
14 554 852.91
27 606 277.69
28 683 457.79
22 402 795.52
19 185 985.69
Book Cost FCY
16 691 135.00
26 217 160.00
27 325 099.16
13 099 003.86
25 427 540.93
24 454 596.36
20 710 340.00
20 129 600.00
17 349 150.00
33 032 547.83
27 253 208.12
21 195 205.66
22 675 792.35
25 071 405.41
35 037 000.00
27 066 300.00
10 952 880.00
11 854 875.00
9 604 733.34
21 460 356.00
33 813 579.09
19 079 466.35
19 517 600.00
17 225 616.08
10 406 581.29
20 939 520.00
17 312 400.40
25 428 060.00
21 225 750.00
22 572 000.00
21 693 303.78
30 995 520.00
20 349 648.00
11 902 861.44
15 978 180.00
15 787 300.00
26 641 270.87
32 028 112.00
17 508 026.13
22 780 360.00
Market Value FCY
Accruals
1 835 847.13
7 747 433.90
2 096 277.46
4 213 655.21
7 662 958.09
6 429 251.41
922 027.17
5 111 813.71
2 571 202.19
11 001 052.23
2 428 411.43
3 201 205.96
-1 702 433.60
2 871 190.30
5 676 453.43
-1 833 753.03
4 920 695.90
4 861 267.99
3 940 779.37
4 640 476.60
-769 221.49
8 295 548.48
102 561.42
978 210.70
3 125 894.32
1 748 282.00
3 734 399.35
6 281 616.58
-1 497 419.88
10 144 586.84
4 843 373.87
10 802 438.85
-816 950.44
1 148 483.11
-820 941.23
1 232 447.09
-965 006.82
3 344 654.21
-4 894 769.39
3 594 374.31
P&L
1.61
2.52
2.63
1.26
2.45
2.35
1.99
1.94
1.67
3.18
2.62
2.04
2.18
2.41
3.37
2.60
1.05
1.14
0.92
2.06
3.25
1.84
1.88
1.66
1.00
2.01
1.67
2.45
2.04
2.17
2.09
2.98
1.96
1.15
1.54
1.52
2.56
3.08
1.68
2.19
% TNA
8/23/2013 - Page 2 - Groupe Societe Générale
137 500.000
Sous recev EUR BPP
Vte diff titres EUR
SDS021EUR
-2 630.820 -7.970
PnInvstMgrFee
PnInvstMgrFee
PnVarFee
PnVarFee
PnVstdVarFee
PnVstdVarFee
F110EURC
F170EURIC
F170EURI2
F171EURIC
F171EURI2
Price Date
28/06/2013
28/06/2013
28/06/2013
28/06/2013
28/06/2013
Currency
EUR/CHF
EUR/DKK
EUR/GBP
EUR/SEK
EUR/USD
Used FX Rates
1.30800000
8.77730000
0.85720000
7.45880000
1.23380000
Used FX Rate
0.76452599
0.11393025
1.16658889
0.13406982
0.81050413
Reverse FX Rate
25 250 790.19
Total Cash & Equivalent
-7.97
-2 630.82
-495 866.81
-149 001.49
-429 039.90
-13 691.82
-4 699.44
26 345 728.44
7 386 661.34
670 381.15
-1 678 486.22
-959 036.40
20 926 208.57
-1 094 938.25
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
1.00000 EUR
1.00000 EUR
331 200.00
284 763.60
Total MANAGEMENT FEES
-495 866.810
-149 001.490
-429 039.900
-13 691.820
PnInvstMgrFee
F110EURI2
-4 699.440
7 386 661.340
670 381.150
-1 678 486.220
-959 036.400
F110EURIC
MANAGEMENT FEES
Total CURRENT ACCOUNTS + SUSPENSE ACCOUNTS
RedemPybl-Hedge
RP021EUR
BDS021EUR
SR021EUR
BkDep EUR BPP
DsPur-Sec
BK021EUR
CURRENT ACCOUNTS + SUSPENSE ACCOUNTS
Cash & Equivalent
20 926 208.570
28/06/2013
28/06/2013
615 963.60
EUR
USD
865 928 674.88
24 643 526.89
2 000 000.00
Total Coupons & Dividends
368 000.000
3 680 000.000
27/06/2013
615 963.60
FR0000130577
97.16000 EUR
Total Equities
HSBC HOLDINGS PLC
PUBLICIS GROUPE
GB0005405286
Equities
Coupons & Dividends
Total Securities
Total Ucits
20 000.000
ECHIQUIER GLOBAL EMERGENTS EUR
27/06/2013
12 254 008.67
18 329 638.60
FR0011449628
101.20544 EUR
28/06/2013
28/06/2013
18 399 784.53
21 126 392.88
16 253 247.20
22 643 526.89
Ucits 224 000.000
155.55000 EUR 101.70000 EUR
28/06/2013
28/06/2013
28/06/2013
23 337 366.39
Book Cost FCY
ECHIQUIER CT 3D PARTS DE CAPITALISATION 3 DECIMALES
206 000.000
30.25500 EUR
31.93000 EUR
64.00000 EUR
Price Date 28/06/2013
FR0010839282
ZODIAC AEROSPACE
FR0000125684
Price Ccy 62.14000 EUR
841 285 147.99
VOLKSWAGEN AG-PFD
DE0007664039
790 000.000
616 000.000
325 000.000
366 000.000
Quantity / Amount
Total Equities
UMICORE
UNILEVER CVA
FR0000121220
NL0000009355
SODEXO
FR0000121709
BE0003884047
Asset description
SEB
Security code
Statement of Holdings of ECHIQUIER MAJOR as of 28/06/2013
25 250 790.19
-1 094 938.25
-7.97
-2 630.82
-495 866.81
-149 001.49
-429 039.90
-13 691.82
-4 699.44
26 345 728.44
7 386 661.34
670 381.15
-1 678 486.22
-959 036.40
20 926 208.57
612 545.57
612 545.57
331 200.00
281 345.57
1 013 858 198.01
24 613 218.56
1 943 200.00
22 670 018.56
989 244 979.45
20 950 200.00
21 388 125.00
23 901 450.00
19 668 880.00
20 800 000.00
22 743 240.00
Market Value FCY
Accruals
-3 418.03
-3 418.03
-3 418.03
147 929 523.13
-30 308.33
-56 800.00
26 491.67
147 959 831.46
8 696 191.33
3 058 486.40
5 501 665.47
-1 457 512.88
4 546 752.80
-594 126.39
P&L
2.43
-0.10
-0.05
-0.01
-0.04
0.00
2.53
0.71
0.06
-0.16
-0.09
2.01
0.06
0.06
0.03
0.03
97.51
2.37
0.19
2.18
95.14
2.02
2.06
2.30
1.89
2.00
2.19
% TNA
8/23/2013 - Page 3 - Groupe Societe Générale