Portfolio Report Stabilized European Dividend Strategy

Performance 25.12.2020

Stabilized European Dividend Fund vs. Stoxx Europe 600 2 Indexed Performance 120 1 115 0 110 -1 105 100 -2 95 -3 90 -4 85 -5 80 -6 75 1 month ytd 1 year Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Stabilized European Dividend Fund STOXX Europe 600 Series1 Series2 Composition Top Position Weight Sector Weights Relative Weights

Health Care EURO 9.5 Cash Food & Beverage Technology NESTLE SA-REG 4.5 Insurance Personal & Household Goods ROCHE HOLDING AG-GENUSSCHEIN 3.3 Industrial Goods & Services Retail SAP SE 3.0 Oil & Gas Construction & Materials DEUTSCHE POST AG-REG 2.9 Automobiles & Parts Basic Resources UNILEVER PLC 2.8 Chemicals Media GIVAUDAN-REG 2.8 Financial Services Utilities NOVO NORDISK A/S-B 2.7 Telecommunications Banks CNP ASSURANCES 2.7 Travel & Leisure Real Estate NOKIA OYJ 2.7 0 2 4 6 8 10 12 14 -10 -5 0 5 10 15

Performance Report 29.12.2020 1 Portfolio Report Stabilized European Dividend Strategy Time frame 11/27/2020 to 12/23/2020

Top / Bottom Performance

PEUGEOT SA SX5E 12/18/20 P3250 ASM INTERNATIONAL NV SX5E 12/18/20 P2750 OMV AG SANOFI PROSIEBENSAT.1 MEDIA SE SX5E 03/19/21 P3050 ADECCO GROUP AG-REG SWEDISH MATCH AB LOGITECH INTERNATIONAL-REG NOKIA OYJ ASML HOLDING NV UNILEVER PLC UPM-KYMMENE OYJ ENDESA SA PARTNERS GROUP HOLDING AG HENNES & MAURITZ AB-B SHS RANDSTAD NV TOTAL SE TATE & LYLE PLC INDUSTRIA DE DISENO TEXTIL SAP SE GLAXOSMITHKLINE PLC MOWI ASA NOVARTIS AG-REG AVIVA PLC BOLIDEN AB SCHNEIDER ELECTRIC SE SWISSCOM AG-REG NOVO NORDISK A/S-B RECORDATI INDUSTRIA CHIMICA CARLSBERG AS-B SX5E 03/19/21 P3450 SKANSKA AB-B SHS SNAM SPA HUGO BOSS AG -ORD KONINKLIJKE AHOLD DELHAIZE N ALLIANZ SE-REG ZURICH INSURANCE GROUP AG 0 2 4 6 8 10 12 14 -120 -100 -80 -60 -40 -20 0 Top / Bottom Contributors

PEUGEOT SA NOKIA OYJ PROSIEBENSAT.1 MEDIA SE SANOFI ADECCO GROUP AG-REG UNILEVER PLC OMV AG ENDESA SA ASML HOLDING NV TOTAL SE UPM-KYMMENE OYJ HENNES & MAURITZ AB-B SHS LOGITECH INTERNATIONAL-REG SWEDISH MATCH AB SAP SE SX5E 12/18/20 P3250 PARTNERS GROUP HOLDING AG GLAXOSMITHKLINE PLC ASM INTERNATIONAL NV RECORDATI INDUSTRIA CHIMICA RANDSTAD NV NESTLE SA-REG TATE & LYLE PLC INDUSTRIA DE DISENO TEXTIL NOVO NORDISK A/S-B DEUTSCHE POST AG-REG AVIVA PLC KONINKLIJKE AHOLD DELHAIZE N MOWI ASA SNAM SPA SKANSKA AB-B SHS BOLIDEN AB BRITISH POUND ROCHE HOLDING AG-GENUSSCHEIN CARLSBERG AS-B SWISSCOM AG-REG SX5E 03/19/21 P3050 SX5E 03/19/21 P3450 GIVAUDAN-REG NOVARTIS AG-REG 0.0 0.1 0.1 0.2 0.2 0.3 0.3 -0.3 -0.2 -0.2 -0.1 -0.1 0.0

Performance Report 29.12.2020 2