MAZARS
ECHIQUIER PATRIMOINE FUND 53, Avenue d’IENA 75116 PARIS
Statement of the auditors Composition of the assets as at 30 June 2011
ECHIQUIER PATRIMOINE FUND
Statement of the auditors
Composition of the assets as at 30 June 2011
As auditors of the ECHIQUIER PATRIMOINE fund and in implementation of the provisions set down in article L. 214-8 of the French Monetary and Financial Code and in article 38 VI of AMF instruction no. 2005-01 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, 5 August 2011 The auditors
Mazars: Gilles DUNAND-ROUX
345 886 450.60
39 805.71
Total
650 005 364.35
2 716 432.75
Cash & Equivalent
301 362 675.29
Money Market
Coupons & Dividends
Securities
657 834 948.00
2 730 972.05
300 863 646.69
39 805.71
354 200 523.55
Book Cost FCY
FR0010434019
C
Market Value FCY
ISIN Code
Unit
-10 995 491.39
-14 539.30
498 567.49
-11 479 519.58
P&L
801.62000
NAV per share
74007
ECHIQUIER PATRIMOINE
Summary
Code
Fund description
Fund description
as of 30/06/2011
650 005 364.35 EUR
Net asset value Ccy
3 165 907.74
461.11
3 165 446.63
Accruals
650 005 364.35000
EUR
Class Net Asset Value NAV Ccy
Statement of Holdings of ECHIQUIER PATRIMOINE
NAV Status
810 856.87700
Outstanding shares
OFF
29/02/2012 - Page 1 - Groupe Societe Générale
BFCM Eurib3 12/07/13
BNP PARIBAS 3.25% 27/03/2012
BPCE Eurib3+0.45 20/07/2012
BQUE PSA Eurib3 29/03/12 *EUR
CAISSE DES DEPOT 4.375% 09/04/18
CARREFOUR 5.125% 10/10/2014
CASINO GUICHARD 4.481% 12/11/18
CASINO GUICHARD 4,875% 10/04/14
XS0259993045
XS0419259659
FR0010844381
XS0293470265
FR0010606848
FR0010526848
FR0010893396
FR0010455626
COFINOGA TV PERP
COMPAGNIE ST GOBAIN 7.25% 16/09/2013
CRED AGRICOLE LONDON 3% 20/07/15
DAIMLER INTL FINANCE 5.875% 08/09/11
DAIMLER NA 4.375% 03/13 *EUR
DAIMLER 3% 19/07/13
DEUTSCHE TELEKOM INTERNATIONAL 5.75% 14/04/15
DEUTSH TELEKOM 5.75% 10/01/2014
DIAGEO FIN Eurib3 05/12
ELIA SYSTEM OP SA 4.5% 22/04/13
EUROFINS Eurib3 13 OBSAR *EUR
EUTELSAT 4.125% 27/03/2017
XS0164139767
XS0526903827
DE000A0T06M2
XS0247812836
DE000A1C9VP6
DE000A0TT2M2
DE000A0TWHZ4
XS0301967757
BE6000104727
FR0010292763
FR0010877183
CIEALPES 4.875% 18/10/17 *EUR
FR0010950857
XS0387435117
CASINO 5.5% 30/01/15
CEGEDIM 7% 27/07/2015
FR0010773697
FR0010925172
*EUR
BARCLAYS BANK E3M+0.8% 28/01/2013
XS0459903620
BANQUE PSA FINANCE 3.25% 26/11/2012
XS0563144079
BANQUE PSA 3.625% 14/10/11
BANQUE POPULAIRE CAISSE 9.25% PERP
FR0010814558
BANQUE PSA 4.25% 25/02/2016
BANQUE FED 3% 29/10/15
XS0553803502
XS0455227768
AXA 2.50% 01/01/14 CV DIRTY
XS0594299066
AIR LIQUIDE 4.375% 03/06/15
FR0000492076
Asset description
FR0010765354
Bonds
Securities
Security code
Holdings
1 500 000.00
2 703 360.00
3 000 000.00
2 254 000.00
600 000.00
3 000 000.00
1 000 000.00
5 000 000.00
4 000 000.00
4 000 000.00
1 000 000.00
1 500 000.00
1 000 000.00
3 000 000.00
750 000.00
1 000 000.00
3 200 000.00
2 250 000.00
4 000 000.00
2 000 000.00
4 000 000.00
2 500 000.00
5 000 000.00
5 000 000.00
1 500 000.00
665 000.00
1 500 000.00
1 000 000.00
4 000 000.00
10 000.00
3 000 000.00
Quantity / Amount
Statement of Holdings of ECHIQUIER PATRIMOINE as of 30/06/2011
100.41600 EUR
96.61000 EUR
103.07100 EUR
99.94000 EUR
107.01100 EUR
108.78100 EUR
101.28300 EUR
103.09000 EUR
100.71000 EUR
98.03900 EUR
109.39500 EUR
80.00000 EUR
99.14700 EUR
100.99400 EUR
106.25100 EUR
104.58000 EUR
99.93900 EUR
106.10800 EUR
105.69400 EUR
99.67600 EUR
99.93800 EUR
100.80700 EUR
98.72200 EUR
100.54700 EUR
99.02100 EUR
100.38400 EUR
100.46100 EUR
101.46500 EUR
97.37600 EUR
219.07700 EUR
105.60500 EUR
Price Ccy
30/06/2011
16/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
24/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
Price Date
1 488 480.00
2 695 244.52
3 161 500.00
2 248 858.11
596 940.00
3 262 500.00
995 900.00
4 825 500.00
3 996 200.00
3 995 040.00
999 390.00
1 652 175.00
990 000.00
2 969 010.00
749 452.50
1 026 000.00
3 200 000.00
2 406 375.00
3 997 440.00
1 997 400.00
3 995 000.00
2 468 600.00
5 004 500.00
4 996 800.00
1 499 670.00
673 977.50
1 499 430.00
950 000.00
3 844 800.00
2 179 544.52
3 028 500.00
Book Cost FCY
1 523 145.74
2 615 322.97
3 119 425.08
2 257 154.47
658 701.62
3 302 077.54
1 041 679.32
5 217 853.83
4 221 550.68
4 036 628.49
1 151 950.00
1 232 422.95
1 026 196.03
3 122 057.57
814 512.64
1 057 254.92
3 290 368.88
2 472 097.81
4 269 358.36
1 994 078.00
4 012 618.67
2 542 374.45
4 952 946.67
5 047 759.44
1 508 020.48
684 989.35
1 536 432.12
1 033 352.19
3 976 903.01
2 190 883.01
3 179 625.41
Market Value FCY
16 905.74
3 606.87
27 295.08
4 506.87
16 635.62
38 647.54
28 849.32
63 353.83
193 150.68
115 068.49
58 000.00
32 422.95
34 726.03
92 237.57
17 630.14
11 454.92
92 320.88
84 667.81
41 598.36
558.00
15 098.67
22 199.45
16 846.67
20 409.44
22 705.48
17 435.75
29 517.12
18 702.19
81 863.01
20 455.48
11 475.41
Accruals
17 760.00
-83 528.42
-69 370.00
3 789.49
45 126.00
930.00
16 930.00
329 000.00
32 200.00
-73 480.00
94 560.00
-452 175.00
1 470.00
60 810.00
47 430.00
19 800.00
-1 952.00
-18 945.00
230 320.00
-3 880.00
2 520.00
51 575.00
-68 400.00
30 550.00
-14 355.00
-6 423.90
7 485.00
64 650.00
50 240.00
-9 116.99
139 650.00
P&L
0.23
0.40
0.48
0.35
0.10
0.51
0.16
0.80
0.65
0.62
0.18
0.19
0.16
0.48
0.13
0.16
0.51
0.38
0.66
0.31
0.62
0.39
0.76
0.78
0.23
0.11
0.24
0.16
0.61
0.34
0.49
% TNA
29/02/2012 - Page 2 - Groupe Societe Générale
FIAT FT 7.625% 15/09/14 *EUR
GDF SUEZ 2.75% 18/10/2017
GDF SUEZ 4.375% 16/01/12
GECINA 4.50% 19/09/2014
GIE PSA 5.875% 27/09/11 *EUR
GREECE 4.50% 20/05/14
GREECE 4.60% 20/05/13
GRENKE FINANCE 4% 09/03/2015
HSBC FRANCE 4.875% 15/01/2014
ILIAD 4.875% 01/06/2016
IMERYS 5% 18/04/17
INTESA SAN Eurib3 05/12 *EUR
KRAFT FOODS 5.75% 20/03/2012
LAFARGE MULTCP 13/04/18
LAFARGE 5.375% 29/11/18
LAGARDERE 4.75% 10/07/13 *EUR
MAN 5.375% 20/05/13
MANPWR INC 4.75% 14/06/13 *EUR
MERCK FIN SERVICES 2.125% 26/03/2012
METRO FINANCE 4.75% 29/05/12
PERNOD RIC 4.625% 12/13 *EUR
XS0611285064
XS0451641285
FR0010952739
FR0010709261
FR0010943316
FR0000487159
GR0124024580
GR0124021552
XS0598445129
FR0010709097
FR0011057439
FR0010456475
XS0218873072
XS0353180465
XS0501648371
XS0562783034
FR0000476061
XS0429607640
XS0257393370
XS0497185271
DE000A0NV975
FR0010398271
SAINT GOBAIN Eurib3 11/04/12
SCOR TF/TV PERP
FR0010359687
RTE EDF TRANSPORT 4.875% 06/05/2015
FR0010612622
SCLUMBERGER 2.75% 01/12/2015
RHODIA SA Eurib3 15/10/13 *EUR
XS0270503369
XS0294547525
REXEL 8.25%15/12/16
XS0473749959
XS0562884733
RCI 3.125% 08/07/11
RCI BANQUE 2.875% 23/07/2012
XS0502067423
XS0471077684
RALLYE 5.875% 24/03/2014
FR0010874115
RCI BANQUE 3.375% 23/01/13
PUBLICIS GR 4.25% 31/03/2015
FR0010831974
RCI BANQUE 4% 16/03/16
PSA FINANCE 4% 24/06/2015
XS0494501926
1 000 000.00
PPR SA 8.625% 03/04/14
FR0010744987
XS0640796032
XS0602211202
3 000 000.00
PORTUGAL TELECOM 6% 30/04/2013
XS0426126180
1 000 000.00
1 000 000.00
2 500 000.00
5 000 000.00
2 000 000.00
1 500 000.00
2 000 000.00
3 000 000.00
3 000 000.00
3 500 000.00
2 000 000.00
4 074 000.00
3 000 000.00
1 500 000.00
2 000 000.00
PERNOD RICARD 7% 15/01/15
PEUGEOT 4% 28/10/13
FR0010766329
2 000 000.00
3 000 000.00
1 000 000.00
1 440 000.00
3 250 000.00
400.00
1 000 000.00
1 500 000.00
4 250 000.00
5 000 000.00
2 000 000.00
2 000 000.00
1 500 000.00
4 500 000.00
2 000 000.00
3 000 000.00
3 300 000.00
4 300 000.00
4 000 000.00
2 250 000.00
750 000.00
5 000 000.00
Quantity / Amount
FR0010957274
*EUR
Asset description
FGA CAPITAL IRELAND 4% 28/03/2013
Security code
Statement of Holdings of ECHIQUIER PATRIMOINE as of 30/06/2011 Price Ccy
89.30900 EUR
99.13100 EUR
99.96500 EUR
106.58500 EUR
100.00000 EUR
107.64500 EUR
100.00800 EUR
97.56700 EUR
100.32700 EUR
100.04100 EUR
102.95700 EUR
102.54400 EUR
99.15500 EUR
114.41100 EUR
97.65200 EUR
100.97800 EUR
108.53900 EUR
102.48500 EUR
102.21600 EUR
100.06000 EUR
102.82800 EUR
105.11700 EUR
102.58000 EUR
99.30300 EUR
99.15000 EUR
102.42900 EUR
99.41600 EUR
104.27300 EUR
99.45100 EUR
105.07500 EUR
99.48900 EUR
70.26000 EUR
59.02500 EUR
100.59800 EUR
101.12400 EUR
101.29900 EUR
95.72000 EUR
104.62300 EUR
100.16600 EUR
Price Date
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
615 000.00
993 840.00
2 380 000.00
5 180 000.00
860 372.27
1 498 750.00
1 990 000.00
2 985 090.00
3 011 934.00
3 490 340.00
2 011 270.00
4 021 593.65
2 989 140.00
1 017 800.00
3 226 200.00
1 493 610.00
1 994 000.00
1 886 000.00
2 992 560.00
997 750.00
1 477 440.00
3 347 500.00
394 440.00
997 330.00
1 491 495.00
4 238 610.00
5 010 000.00
2 078 000.00
1 990 640.00
1 495 125.00
4 489 380.00
1 722 000.00
2 598 500.00
3 410 550.00
4 393 310.00
4 146 740.00
2 236 320.00
746 235.00
5 011 000.00
Book Cost FCY
950 752.14
1 007 583.97
2 508 156.25
5 369 209.02
863 927.75
1 621 550.00
2 062 146.30
2 963 403.44
3 055 025.75
3 597 097.67
2 092 206.94
4 223 057.64
2 978 256.56
1 166 025.98
2 962 019.02
1 555 765.89
2 236 369.04
2 103 172.60
3 080 885.74
1 006 464.07
1 484 647.79
3 438 257.76
429 059.73
1 025 132.74
1 508 510.25
4 424 675.46
4 982 815.97
2 106 771.48
1 998 077.38
1 610 383.56
4 535 037.79
1 416 762.84
1 787 717.21
3 468 991.19
4 501 011.45
4 133 466.85
2 197 775.34
830 579.18
5 061 305.46
Market Value FCY
57 662.14
16 273.97
9 031.25
39 959.02
7 852.99
6 875.00
61 986.30
36 393.44
45 215.75
95 662.67
33 066.94
45 415.08
3 606.56
21 915.98
32 459.02
41 095.89
65 589.04
53 472.60
14 405.74
5 864.07
3 924.59
21 955.26
18 739.73
32 102.74
21 260.25
71 442.96
12 015.97
21 311.48
9 057.38
34 258.56
58 032.79
11 562.84
16 967.21
149 257.19
152 679.45
81 506.85
44 075.34
45 906.68
53 005.46
Accruals
278 090.00
-2 530.00
119 125.00
149 250.00
-4 297.51
115 925.00
10 160.00
-58 080.00
-2 124.00
11 095.00
47 870.00
156 048.91
-14 490.00
126 310.00
-296 640.00
21 060.00
176 780.00
163 700.00
73 920.00
2 850.00
3 283.20
68 802.50
15 880.00
-4 300.00
-4 245.00
114 622.50
-39 200.00
7 460.00
-1 620.00
81 000.00
-12 375.00
-316 800.00
-827 750.00
-90 816.00
-44 978.00
-94 780.00
-82 620.00
38 437.50
-2 700.00
P&L
0.15
0.16
0.39
0.83
0.13
0.25
0.32
0.46
0.47
0.55
0.32
0.65
0.46
0.18
0.46
0.24
0.34
0.32
0.47
0.16
0.23
0.53
0.07
0.16
0.23
0.68
0.77
0.32
0.31
0.25
0.70
0.22
0.28
0.53
0.69
0.64
0.34
0.13
0.78
% TNA
29/02/2012 - Page 3 - Groupe Societe Générale
4 000 000.00
SG E3M+0.75% 08/2011
STERIA SCA TF/TV 29/11/2049 CV ***DIRTY PRICE***
TELE DANMARK AS 3.5% 23/02/2015
UNEDIC 2.125% 03/12/2012
UNIBAIL-RODANCO 3.375% 11/03/2015
VIVENDI Eurib3 03/10/11
VIVENDI 4% 31/03/2017
WENDEL INVESTISSEMENT 4.875% 21/09/2015
XS0382730272
FR0010544734
XS0593990392
FR0010830190
XS0491898184
FR0010369637
FR0010878751
XS0290422095
DECEUNINCK
DEUTSCHE BANK AG-NOM
DEUTSCHE BOERSE AG
EDENRED
EDF
ELECTRICITE DE STRASBOURG
BE0003789063
DE0005140008
DE0005810055
FR0010908533
FR0010242511
FR0000031023
89 188.00 11 000.00
GEVELOT
GUYENNE ET GASCOGNE
HERACLES GENERAL CEMENT
IDSUD
INSTALLUX S.A.
KESA ELECTRICALS
FR0000033888
FR0000120289
GRS073083008
FR0000062184
FR0000060451
GB0033040113
1 800 000.00
555 000.00
30 337.00
16 009.00
85 000.00
200 000.00
FRANCE TELECOM
GDF SUEZ
FR0000133308
40 000.00
50 000.00
45 000.00
60 000.00
20 000.00
51 500.00
10 000.00
200 000.00
204 246.00
79 000.00
41 000.00
19 484.00
119 000.00
30 000.00
11 050.00
55 000.00
67 500.00
73 000.00
65 000.00
45 000.00
75 000.00
20 000.00
583 570.00
2 750 000.00
1 500 000.00
2 500 000.00
750 000.00
62 501.00
6 500 000.00
10 000 000.00
FR0010208488
ELIA SYSTEM OPERATOR
CREDIT AGRICOLE SA
FR0000045072
EUROCOMMERCIAL PROPERTIES BDR
CRCAM TOURAINE ET POITOU CCI
FR0000045304
NL0000288876
CRCAM SUD RHONE ALPES
FR0000045346
BE0003822393
CRCAM LANGUEDOC
CRCAM NORMANDIE-SEINE
FR0010461053
FR0000044364
COLAS
COMPAGNIE DE SAINTGOBAIN SA
FR0000121634
CIMENTS VICAT SA
FR0000031775
FR0000125007
CARREFOUR SA
AXA
FR0000120628
CEGID GROUP ACT
APRIL GROUP
FR0004037125
FR0000120172
APERAM
LU0569974404
FR0000124703
ACANTHE DEVELOPPEMENT
ADP
FR0000064602
FR0010340141
Equities
Total Bonds
1 000 000.00
SFEF 2.375% 10/03/12
FR0010734244
2 500 000.00
FR0011043108
Quantity / Amount
Asset description
SEB SA 4.5% 03/06/2016
Security code
Statement of Holdings of ECHIQUIER PATRIMOINE as of 30/06/2011 Price Ccy
1.37700 GBP
195.98000 EUR
28.00000 EUR
4.01000 EUR
101.90000 EUR
58.00000 EUR
25.23500 EUR
14.66500 EUR
34.30000 EUR
29.45000 EUR
114.50000 EUR
27.10500 EUR
21.04000 EUR
52.40000 EUR
40.75000 EUR
1.86000 EUR
10.37000 EUR
54.10000 EUR
116.90000 EUR
73.00000 EUR
41.00000 EUR
44.65500 EUR
148.80000 EUR
57.91000 EUR
21.45000 EUR
28.32000 EUR
15.67000 EUR
19.39000 EUR
22.33000 EUR
64.87000 EUR
1.55000 EUR
96.74600 EUR
99.68800 EUR
100.04900 EUR
100.66500 EUR
100.37600 EUR
100.79300 EUR
38.80000 EUR
100.06200 EUR
100.51000 EUR
99.78500 EUR
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
28/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
Price Date
4 007 603.15
2 019 017.97
3 994 555.51
9 053 138.64
1 987 256.67
906 857.90
2 264 243.90
3 331 611.75
1 304 264.90
1 454 619.12
6 271 456.71
1 877 436.50
290 261.10
2 696 928.58
428 567.67
404 538.00
2 297 914.01
6 028 140.20
5 041 158.23
1 331 414.16
6 646 855.65
1 187 640.33
1 847 137.30
3 688 126.22
1 535 037.39
2 333 686.47
876 174.84
980 789.49
1 874 131.29
1 133 982.85
1 729 534.67
207 685 909.43
2 437 875.00
1 490 670.00
2 415 000.00
746 070.00
3 987 480.00
997 470.00
2 335 037.36
6 490 965.00
9 986 300.00
2 494 950.00
Book Cost FCY
2 746 219.05
2 155 780.00
2 497 264.00
2 225 550.00
3 091 340.30
928 522.00
2 144 975.00
2 933 000.00
1 372 000.00
1 472 500.00
5 152 500.00
1 626 300.00
420 800.00
2 698 600.00
407 500.00
372 000.00
2 118 031.02
4 273 900.00
4 792 900.00
1 422 332.00
4 879 000.00
1 339 650.00
1 644 240.00
3 185 050.00
1 447 875.00
2 067 360.00
1 018 550.00
872 550.00
1 674 750.00
1 297 400.00
904 533.50
211 639 934.14
2 765 928.53
1 511 057.70
2 501 367.15
763 010.04
4 064 875.62
1 020 587.53
2 425 038.80
6 522 888.67
10 126 922.13
2 504 461.07
Market Value FCY
3 165 446.63
105 413.53
15 737.70
142.15
8 022.54
49 835.62
12 657.53
65 809.14
18 858.67
75 922.13
9 836.07
Accruals
-1 261 384.10
136 762.03
-1 497 291.51
-6 827 588.64
1 104 083.63
21 664.10
-119 268.90
-398 611.75
67 735.10
17 880.88
-1 118 956.71
-251 136.50
130 538.90
1 671.42
-21 067.67
-32 538.00
-179 882.99
-1 754 240.20
-248 258.23
90 917.84
-1 767 855.65
152 009.67
-202 897.30
-503 076.22
-87 162.39
-266 326.47
142 375.16
-108 239.49
-199 381.29
163 417.15
-825 001.17
788 578.08
222 640.00
4 650.00
86 225.00
8 917.50
27 560.00
10 460.00
24 192.30
13 065.00
64 700.00
-325.00
P&L
0.42
0.33
0.38
0.34
0.48
0.14
0.33
0.45
0.21
0.23
0.79
0.25
0.07
0.42
0.06
0.06
0.33
0.66
0.74
0.22
0.75
0.21
0.25
0.49
0.22
0.32
0.16
0.13
0.26
0.20
0.14
32.56
0.43
0.23
0.39
0.12
0.63
0.16
0.37
1.00
1.56
0.39
% TNA
29/02/2012 - Page 4 - Groupe Societe Générale
SCOR SE ACT PROV
SECHILIENNE-SIDEC
SMTPC
SOCIETE GENERALE A
TERREIS
TOTAL
TOUPARGEL GROUPE
UFFB
FR0010411983
FR0000060402
FR0004016699
FR0000130809
FR0010407049
FR0000120271
FR0000039240
FR0000034548
PHILEAS L/S EUROPE I
SIPAREX MIDMARKET II
FR0011023910
FR0010408559
Total Securities
30/06/2011
30/06/2011
14/03/2011
29/06/2011
24/06/2011
29/06/2011
29/06/2011
29/06/2011
29/06/2011
24/06/2011
29/06/2011
29/06/2011
29/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
28 816.20
10 989.51
39 805.71
28 816.20
28 816.20
10 989.51
10 989.51
345 886 450.60
354 200 523.55
10 989.51
27 421 682.62
1 964 720.00
4 035 020.57
2 040 552.00
7 027 631.80
1 535 500.00
829 650.00
786 240.00
4 335 989.90
1 353 561.22
1 233.64
3 511 583.49
106 824 833.84
2 109 250.00
2 650 200.00
1 730 050.00
3 528 000.00
1 685 100.00
1 794 600.00
1 519 816.50
845 366.28
1 924 545.34
1 966 500.00
1 372 000.00
2 620 537.92
1 487 013.12
2 921 520.00
1 932 557.10
1 305 763.20
679 140.00
2 636 324.32
2 104 500.00
57 585.00
132 000.00
1 606 990.00
527 638.19
2 504 865.00
Market Value FCY
23 727 856.57
2 000 000.00
3 999 999.97
1 288 746.84
7 000 000.00
1 009 450.00
520 116.77
700 000.00
3 359 483.29
1 005 993.73
1 237.83
2 842 828.14
122 786 757.55
2 141 585.36
2 285 506.92
1 666 953.00
4 297 304.77
2 842 246.90
1 943 712.09
1 372 315.80
863 535.27
1 948 536.21
2 408 247.50
1 211 859.77
2 196 937.32
1 319 874.46
2 266 570.39
1 780 635.20
734 082.38
662 829.80
1 612 455.30
2 394 325.01
207 962.14
47 468.00
2 324 270.13
641 700.40
2 791 762.26
Book Cost FCY
39 805.71
EUR
EUR
982.36000 EUR
101.18000 EUR
211.50000 EUR
100.39474 EUR
153.55000 EUR
165.93000 EUR
112.32000 EUR
16 996.75000 EUR
2 345.86000 EUR
1 233.64000 EUR
1 232.86000 EUR
19.17500 EUR
44.17000 EUR
49.43000 EUR
28.00000 EUR
13.70000 EUR
39.88000 EUR
13.50000 EUR
40.92000 EUR
25.82000 EUR
17.10000 EUR
19.60000 EUR
55.44000 EUR
24.48000 EUR
9.87000 EUR
28.65000 EUR
28.80000 EUR
30.87000 EUR
34.72000 EUR
61.00000 EUR
0.38390 EUR
0.20000 EUR
20.87000 EUR
69.15000 SEK
Price Date 30/06/2011
Total Coupons & Dividends
16 009.00
Price Ccy 43.94500 EUR
28 816.20
GEVELOT
50.00
2 000.00
39 879.63
9 648.00
70 000.00
10 000.00
5 000.00
7 000.00
255.11
577.00
1.00
2 848.32
110 000.00
60 000.00
35 000.00
126 000.00
123 000.00
45 000.00
112 579.00
20 659.00
74 537.00
115 000.00
70 000.00
47 268.00
60 744.00
296 000.00
67 454.00
45 339.00
22 000.00
75 931.00
34 500.00
150 000.00
660 000.00
77 000.00
70 000.00
57 000.00
Quantity / Amount
Total Equities
FR0000033888
Equities
Total Bonds
FR0010369637
Bonds
Coupons & Dividends
VIVENDI Eurib3 11
ECHIQUIER REAL ESTATE PART CAP
FR0010717413
Total Ucits
ECHIQUIER MAJOR
ECHIQUIER MONETAIRE C
FR0010321828
FR0010839282
ECHIQUIER GLOBAL
ECHIQUIER JUNIOR
ECHIQUIER EXCELSIOR
FR0010106500
FR0010859769
AR2I
FR0007070883
FR0010434696
ARTY
ARTY R
FR0010611293
FR0011039304
Ucits
Total Equities
VIVENDI
SANOFI
FR0000120578
FR0000127771
ROYAL DUTCH SHELL PLC-A
GB00B03MLX29
VINCI SA
RICHEL SERRES DE FRANCE
FR0000078875
VASTNED RETAIL NV
RALLYE
FR0000060618
NL0000288918
PSB INDUSTRIES
FR0000060329
FR0000125486
PEUGEOT SA
IT0000062221
FR0000121501
MILANO ASSICURAZIONI
IT0004728959
PAREF - PARIS REALTY FUND
MILANO ASSICUR DS
FR0000121352
PERRIER (GERARD)
LOCINDUS
SE0001852419
FR0010263202
LINDAB
FR0000120537
FR0000061459
Asset description
LAFARGE SA
Security code
Statement of Holdings of ECHIQUIER PATRIMOINE as of 30/06/2011
3 165 446.63
Accruals
-11 479 519.58
3 693 826.05
-35 280.00
35 020.60
751 805.16
27 631.80
526 050.00
309 533.23
86 240.00
976 506.61
347 567.49
-4.19
668 755.35
-15 961 923.71
-32 335.36
364 693.08
63 097.00
-769 304.77
-1 157 146.90
-149 112.09
147 500.70
-18 168.99
-23 990.87
-441 747.50
160 140.23
423 600.60
167 138.66
654 949.61
151 921.90
571 680.82
16 310.20
1 023 869.02
-289 825.01
-150 377.14
84 532.00
-717 280.13
-114 062.21
-286 897.26
P&L
0.01
0.00
0.00
0.00
0.00
53.21
4.22
0.30
0.62
0.31
1.08
0.24
0.13
0.12
0.67
0.21
0.54
16.44
0.32
0.41
0.27
0.54
0.26
0.28
0.23
0.13
0.30
0.30
0.21
0.40
0.23
0.45
0.30
0.20
0.10
0.41
0.32
0.01
0.02
0.25
0.08
0.39
% TNA
29/02/2012 - Page 5 - Groupe Societe Générale
DANONE 08/09/2011
DANONE 18/07/11
ESSILOR 16/08/11
FIMALAC 26/09/11
FINANCIERE AGACHE 04/07/11
FRANCE TELECOM 14/09/2011
GECINA 09/09/2011
KLEPIERRE 0% 04/07/2011
LVMH 13/09/11
LVMH 20/07/2011
METRO AG 07/07/2011
PPR FINANCE 12/09/2011
PPR FINANCE 19/09/11
RENAULT 12/07/2011
REXEL 01/09/11
REXEL 05/09/11
FR0119757625
FR0119571273
FR0119702290
FR0119667162
FR0119554402
FR0119757658
FR0119667857
FR0119405464
BE6222410548
BE6219934039
FR0119556258
FR0119772376
FR0119789156
FR0119342568
FR0119748970
FR0119752006
Total Money Market
Total Non-discounted
FR0119817148
Non-discounted
BRED 0.83% 01/07/11
ZODIAC 18/07/2011
FR0119572883
Total Discounted
VIVENDI 15/09/11
VIVENDI 17/08/11
FR0119678276
FR0119407882
VICAT 18/07/11
CRCA TOURAINE POITOU 05/07/11
FR0119374629
FR0119406314
CRCA TOURAINE ET POITOU 26/07/2011
FR0119375782
THALES 15/09/11
CI DE ST-GOBAIN 11
FR0119668392
FR0119678268
CASINO 21/07/2011
FR0119529636
THALES 14/09/2011
CARREFOUR 20/07/2011
FR0119406413
SEB 10/08/11
BONGRAIN 08/09/2011
FR0119758581
FR0119678151
BOLLORE 16/08/11
FR0119702191
FR0119407437
BOLLORE 16/09/2011
FR0119780361
SEB SA 0% 09/08/2011
BMW 29/09/11
FR0119817585
SEB SA 31/08/2011
BMW 03/08/2011
FR0119616243
FR0119407296
BANQUE PSA 19/09/11
FR0119666842
FR0119677450
ARCELORMITTAL 16/09/2011
AUCHAN FINANCE 20/09/11
FR0119784124
FR0119666933
AMITTAL 05/09/11
ARCELOR 30/09/11
FR0119754002
Asset description
FR0119542548
Discounted
Money Market
Security code
5 000 000.00
10 000 000.00
8 000 000.00
10 000 000.00
15 000 000.00
8 000 000.00
5 000 000.00
7 000 000.00
4 000 000.00
5 000 000.00
7 000 000.00
3 000 000.00
11 000 000.00
8 000 000.00
10 000 000.00
11 000 000.00
10 000 000.00
10 000 000.00
3 000 000.00
8 000 000.00
5 000 000.00
5 500 000.00
4 000 000.00
8 000 000.00
5 000 000.00
10 000 000.00
5 500 000.00
4 500 000.00
12 000 000.00
4 000 000.00
5 500 000.00
5 000 000.00
8 000 000.00
9 000 000.00
5 000 000.00
10 000 000.00
16 000 000.00
6 000 000.00
7 500 000.00
3 500 000.00
5 000 000.00
Quantity / Amount
Statement of Holdings of ECHIQUIER PATRIMOINE as of 30/06/2011
0.83000 EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
1.74603 EUR
EUR
EUR
EUR
1.23000 EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
EUR
1.48713 EUR
1.35183 EUR
EUR
1.65796 EUR
EUR
Price Ccy
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
23/06/2011
30/06/2011
30/06/2011
30/06/2011
04/04/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
16/06/2011
19/06/2011
30/06/2011
29/06/2011
30/06/2011
Price Date
300 863 646.69
5 000 000.00
5 000 000.00
295 863 646.69
9 964 526.29
7 973 916.43
9 963 969.18
14 943 339.84
7 970 769.42
4 982 116.97
6 977 512.06
3 985 892.16
4 983 443.89
6 967 253.91
2 986 263.19
10 955 690.32
7 964 335.26
9 959 690.92
10 966 078.26
9 968 921.89
9 962 682.84
2 993 406.19
7 967 929.09
4 983 380.43
5 480 259.65
3 976 169.49
7 972 291.85
4 984 734.25
9 964 984.15
5 482 765.84
4 485 091.43
11 951 285.23
3 985 191.69
5 482 782.54
4 980 906.52
7 968 131.90
8 964 034.30
4 980 423.48
9 966 253.16
15 917 212.81
5 972 147.40
7 468 566.67
3 479 903.56
4 979 392.23
Book Cost FCY
301 362 675.29
5 000 461.11
5 000 461.11
296 362 214.18
9 993 224.12
7 986 674.70
9 970 235.41
14 989 415.13
7 975 853.00
4 985 261.24
6 990 115.19
3 990 645.89
4 992 981.65
6 977 008.06
2 990 742.58
10 994 643.88
7 969 647.03
9 968 696.14
10 997 660.57
9 992 371.01
9 969 486.52
2 999 675.71
7 975 598.22
4 986 451.44
5 499 349.22
3 983 198.31
7 986 145.93
4 997 116.47
9 973 738.11
5 499 250.66
4 495 904.24
11 956 580.31
3 996 745.43
5 496 151.39
4 985 679.89
7 984 065.95
8 969 898.27
4 980 638.61
9 987 895.16
15 947 328.79
5 981 813.12
7 473 402.57
3 485 393.55
4 985 530.71
Market Value FCY
461.11
461.11
461.11
Accruals
498 567.49
498 567.49
28 697.83
12 758.27
6 266.23
46 075.29
5 083.58
3 144.27
12 603.13
4 753.73
9 537.76
9 754.15
4 479.39
38 953.56
5 311.77
9 005.22
31 582.31
23 449.12
6 803.68
6 269.52
7 669.13
3 071.01
19 089.57
7 028.82
13 854.08
12 382.22
8 753.96
16 484.82
10 812.81
5 295.08
11 553.74
13 368.85
4 773.37
15 934.05
5 863.97
215.13
21 642.00
30 115.98
9 665.72
4 835.90
5 489.99
6 138.48
P&L
46.37
0.77
0.77
45.60
1.54
1.23
1.53
2.31
1.23
0.77
1.08
0.61
0.77
1.07
0.46
1.69
1.23
1.53
1.69
1.54
1.53
0.46
1.23
0.77
0.85
0.61
1.23
0.77
1.53
0.85
0.69
1.84
0.62
0.85
0.77
1.23
1.38
0.77
1.54
2.46
0.92
1.15
0.54
0.77
% TNA
29/02/2012 - Page 6 - Groupe Societe Générale
Asset description
Sous recev EUR BPP
Vte diff titres EUR
SR021EUR
SDS021EUR
PrFinManagFees
SundryCrAcc
Price Date
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
30/06/2011
Currency
EUR/AUD
EUR/CAD
EUR/CHF
EUR/DKK
EUR/GBP
EUR/JPY
EUR/NOK
EUR/SEK
EUR/USD
Used FX Rates
Total Cash & Equivalent
Total VARIOUS
MCEUR
VARIOUS
Total MANAGEMENT FEES
F110EUR
MANAGEMENT FEES
Total CURRENT ACCOUNTS + SUSPENSE ACCOUNTS
RedemPybl-Hedge
RP021EUR
1.44530000
9.17390000
7.78750000
116.25000000
0.90255000
7.45870000
1.20710000
1.39510000
1.34850000
Used FX Rate
-680 800.00
-336 825.63
59 547.99
978 726.42
-422 763.05
-3 745 107.74
403 331.75
BkDep USD BPP
DsPur-Sec
BK021USD
BkDep GBP BPP
BDS021EUR
51 712.96
BkDep EUR BPP
BK021EUR
6 527 293.88
Quantity / Amount
BK021GBP
CURRENT ACCOUNTS + SUSPENSE ACCOUNTS
Cash & Equivalent
Security code
Statement of Holdings of ECHIQUIER PATRIMOINE as of 30/06/2011 Price Date
0.69189788
0.10900489
0.12841091
0.00860215
1.10797186
0.13407162
0.82843178
0.71679450
0.74156470
Reverse FX Rate
1.00000 EUR
1.00000 EUR
1.00000 EUR
1.00000 EUR
1.00000 EUR
1.00000 EUR
0.69190 USD
1.10797 GBP
1.00000 EUR
Price Ccy
2 730 972.05
-680 800.00
-680 800.00
-336 825.63
-336 825.63
3 748 597.68
59 547.99
978 726.42
-422 763.05
-3 745 107.74
277 452.54
73 447.64
6 527 293.88
Book Cost FCY
2 716 432.75
-680 800.00
-680 800.00
-336 825.63
-336 825.63
3 734 058.38
59 547.99
978 726.42
-422 763.05
-3 745 107.74
279 064.38
57 296.50
6 527 293.88
Market Value FCY
Accruals
-14 539.30
-14 539.30
1 611.84
-16 151.14
P&L
0.42
-0.11
-0.11
-0.05
-0.05
0.58
0.01
0.15
-0.07
-0.58
0.04
0.01
1.00
% TNA
29/02/2012 - Page 7 - Groupe Societe Générale