Portfolio Report Stabilized European Dividend Strategy

Performance 11.12.2020

Stabilized European Dividend Fund vs. Stoxx Europe 600 4 Indexed Performance 120 2 115

110 0 105 100 -2 95 -4 90 85 -6 80 -8 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 11.8 Cash Food & Beverage Technology NESTLE SA-REG 4.6 Insurance Industrial Goods & Services ROCHE HOLDING AG-GENUSSCHEIN 3.4 Oil & Gas Retail SAP SE 2.9 Personal & Household Goods Construction & Materials PLC 2.9 Automobiles & Parts Basic Resources DEUTSCHE POST AG-REG 2.8 Chemicals Media -REG 2.8 Financial Services Utilities NOKIA OYJ 2.8 Banks Telecommunications NOVO NORDISK A/S-B 2.8 Travel & Leisure Real Estate CNP ASSURANCES 2.6 0 2 4 6 8 10 12 14 -10 -5 0 5 10 15

Performance Report 15.12.2020 1 Portfolio Report Stabilized European Dividend Strategy Time frame 11/13/2020 to 12/11/2020

Top / Bottom Performance

OMV AG SX5E 12/18/20 P2750 ASM INTERNATIONAL NV SX5E 12/18/20 P3250 TOTAL SE SX5E 03/19/21 P3050 PEUGEOT SA SX5E 03/19/21 P3450 UPM-KYMMENE OYJ SANOFI CNP ASSURANCES AG-REG PLC-A SHS UNILEVER PLC HENNES & MAURITZ AB-B SHS NESTLE SA-REG ADECCO GROUP AG-REG ENDESA SA DEUTSCHE -REG SWEDISH MATCH AB AG -ORD UNILEVER NV RANDSTAD NV GLAXOSMITHKLINE PLC LOGITECH INTERNATIONAL-REG RECORDATI INDUSTRIA CHIMICA HOLDING AG AG ASML HOLDING NV TATE & LYLE PLC BOLIDEN AB ROCHE HOLDING AG-GENUSSCHEIN AG-REG BRITISH POUND FRAPORT AG AIRPORT GIVAUDAN-REG PROSIEBENSAT.1 MEDIA SE KONINKLIJKE N NOKIA OYJ SAP SE 0 5 10 15 20 25 -90 -80 -70 -60 -50 -40 -30 -20 -10 0 Top / Bottom Contributors

TOTAL SE SX5E 03/19/21 P3450 OMV AG SX5E 12/18/20 P3250 CNP ASSURANCES SANOFI PEUGEOT SA NESTLE SA-REG UPM-KYMMENE OYJ UNILEVER PLC ASM INTERNATIONAL NV GEBERIT AG-REG HENNES & MAURITZ AB-B SHS ENDESA SA ADECCO GROUP AG-REG UNILEVER NV SX5E 03/19/21 P3050 ROCHE HOLDING AG-GENUSSCHEIN PARTNERS GROUP HOLDING AG GALENICA AG RANDSTAD NV RECORDATI INDUSTRIA CHIMICA ASML HOLDING NV GLAXOSMITHKLINE PLC HUGO BOSS AG -ORD SWEDISH MATCH AB LOGITECH INTERNATIONAL-REG TATE & LYLE PLC NOKIA OYJ GIVAUDAN-REG DEUTSCHE LUFTHANSA-REG KONINKLIJKE AHOLD DELHAIZE N PROSIEBENSAT.1 MEDIA SE SAP SE ROYAL DUTCH SHELL PLC-A SHS NOVO NORDISK A/S-B INDUSTRIA DE DISENO TEXTIL ORKLA ASA BOLIDEN AB CARLSBERG AS-B 0.0 0.1 0.2 0.3 0.4 0.5 -0.4 -0.3 -0.3 -0.2 -0.2 -0.1 -0.1 0.0

Performance Report 15.12.2020 2