ANIMA Funds Plc Condensed Interim Report and Unaudited Financial Statements For the period from 1 January 2020 to 30 June 2020 Notice for investors in the Federal Republic of Germany pursuant to Sec. 293 para. 1 No. 3 German Investment Code (Kapitalanlagegesetzbuch; “KAGB”). For the following Fund(s) of ANIMA Funds Plc a notification pursuant to Sec. 310 German Investment Code has not been conducted: ANIMA Solution 2022-I ANIMA Liquidity ANIMA Solution 2022-II ANIMA Short Term Bond ANIMA Solution 2022-III ANIMA Medium Term Bond ANIMA Solution 2023-I ANIMA Bond Dollar ANIMA Global Bond ANIMA Solution EM ANIMA Life Bond ANIMA Brightview VI ANIMA Short Term Corporate Bond ANIMA Italian Bond ANIMA U.S. Equity ANIMA Italian Equity ANIMA Asia/Pacific Equity ANIMA High Yield Bond ANIMA Global Equity ANIMA Bond 2022 Opportunities ANIMA Emerging Markets Equity ANIMA Brightview 2023-I ANIMA Euro Equity ANIMA Brightview 2023-II ANIMA Global Currencies ANIMA Brightview 2023-III ANIMA Variable Rate Bond ANIMA Brightview 2023-IV ANIMA Hybrid Bond ANIMA Brightview 2024-I ANIMA Euro Government Bond ANIMA Brightview 2024-II ANIMA Zephyr New ANIMA Brightview 2024-III ANIMA Smart Volatility Europe ANIMA Brightview 2024-IV ANIMA Smart Volatility Global ANIMA Brightview 2024-V ANIMA Smart Volatility Italy ANIMA Brightview 2025-I ANIMA Smart Volatility USA ANIMA Brightview 2027-I ANIMA Credit Opportunities ANIMA Brightview II ANIMA Brightview V ANIMA Brightview III ANIMA Star High Potential Italy ANIMA Defensive ANIMA Star High Potential Global ANIMA Zephyr Global ANIMA Active Selection ANIMA Zephyr Real Assets ANIMA Smart Dividends Europe ANIMA Flexible Bond ANIMA Zephyr Global Allocation ANIMA Flexible Income ANIMA International Bond ANIMA Infrastructure ANIMA Smart Volatility Emerging ANIMA Orizzonte Europa 2022 Markets ANIMA Orizzonte Europa 2023 - ANIMA Brightview IV Rendimento Bilanciato ANIMA Orizzonte Sostenibile 2023 ANIMA Orizzonte Benessere 2023 ANIMA Orizzonte Consumi 2023 ANIMA Orizzonte Energia 2023 Shares of these Fund(s) may therefore not be distributed to investors in the Federal Republic of Germany. ANIMA Funds Plc Contents Page Organisation 4 Background to the Company 5 Manager’s Report 8 Statement of Comprehensive Income 37 Statement of Financial Position 55 Statement of Changes in Net Assets Attributable to Holders of Redeemable Participating Shares 74 Statement of Cash Flows 92 Notes to the Financial Statements 110 Schedule of Investments ANIMA Liquidity 179 ANIMA Short Term Bond 181 ANIMA Medium Term Bond 185 ANIMA Bond Dollar 192 ANIMA Global Bond 196 ANIMA Life Bond 204 ANIMA Short Term Corporate Bond 208 ANIMA Europe Equity 213 ANIMA U.S. Equity 223 ANIMA Asia/Pacific Equity 228 ANIMA Global Equity 236 ANIMA Emerging Markets Equity 245 ANIMA Euro Equity 255 ANIMA Global Currencies 262 ANIMA Variable Rate Bond 265 ANIMA Hybrid Bond 267 ANIMA Euro Government Bond 271 ANIMA Star High Potential Europe 277 ANIMA Star Bond 287 ANIMA Smart Volatility Europe 292 ANIMA Smart Volatility Global 293 ANIMA Smart Volatility Italy 294 ANIMA Smart Volatility USA 295 ANIMA Smart Volatility Emerging Markets 296 ANIMA Credit Opportunities 297 ANIMA Star High Potential Italy 305 ANIMA Star High Potential Global 309 ANIMA Active Selection 317 ANIMA Smart Dividends Europe 319 ANIMA Flexible Bond 324 ANIMA Flexible Income 333 ANIMA Infrastructure 338 ANIMA Solution 2022-I 343 ANIMA Solution 2022-II 345 ANIMA Solution 2022-III 347 ANIMA Solution 2023-I 350 ANIMA Solution EM 352 ANIMA Italian Bond 354 ANIMA Italian Equity 356 ANIMA High Yield Bond 362 ANIMA Bond 2022 Opportunities 367 1 ANIMA Funds Plc Contents (continued) Page Schedule of Investments (continued) ANIMA Global Macro 372 ANIMA Brightview 2023-I 378 ANIMA Brightview 2023-II 384 ANIMA Brightview 2023-III 386 ANIMA Brightview 2023-IV 388 ANIMA Brightview 2024-I 390 ANIMA Brightview 2024-II 392 ANIMA Brightview 2024-III 394 ANIMA Brightview 2024-IV 396 ANIMA Brightview 2024-V 398 ANIMA Brightview 2025-I 400 ANIMA Brightview 2027-I 402 ANIMA Brightview-II 404 ANIMA Brightview-III 406 ANIMA Brightview-IV 408 ANIMA Brightview-V 410 ANIMA Brightview-VI 412 ANIMA Orizzonte Europa 2022 414 ANIMA Orizzonte Europa 2023 - Rendimento Bilanciato 416 ANIMA Orizzonte Sostenibile 2023 418 ANIMA Orizzonte Benessere 2023 420 ANIMA Orizzonte Consumi 2023 422 ANIMA Orizzonte Energia 2023 424 ANIMA Defensive 426 ANIMA Zephyr Global 427 ANIMA Zephyr Global Allocation 429 ANIMA Zephyr New 432 ANIMA Zephyr Real Assets 435 ANIMA International Bond 438 Schedule of Material Portfolio Changes ANIMA Liquidity 442 ANIMA Short Term Bond 443 ANIMA Medium Term Bond 445 ANIMA Bond Dollar 447 ANIMA Global Bond 449 ANIMA Life Bond 451 ANIMA Short Term Corporate Bond 452 ANIMA Europe Equity 453 ANIMA U.S. Equity 455 ANIMA Asia/Pacific Equity 457 ANIMA Global Equity 459 ANIMA Emerging Markets Equity 461 ANIMA Euro Equity 462 ANIMA Global Currencies 464 ANIMA Variable Rate Bond 465 ANIMA Hybrid Bond 466 ANIMA Euro Government Bond 468 ANIMA Star High Potential Europe 470 ANIMA Star Bond 471 ANIMA Smart Volatility Europe 472 ANIMA Smart Volatility Global 473 ANIMA Smart Volatility Italy 474 ANIMA Smart Volatility USA 475 ANIMA Smart Volatility Emerging Markets 476 ANIMA Credit Opportunities 477 2 ANIMA Funds Plc Contents (continued) Page Schedule of Material Portfolio Changes (continued) ANIMA Star High Potential Italy 479 ANIMA Star High Potential Global 480 ANIMA Active Selection 481 ANIMA Smart Dividends Europe 482 ANIMA Flexible Bond 483 ANIMA Flexible Income 484 ANIMA Infrastructure 485 ANIMA Solution 2022-I 486 ANIMA Solution 2022-II 487 ANIMA Solution 2022-III 488 ANIMA Solution 2023-I 489 ANIMA Solution EM 490 ANIMA Italian Bond 491 ANIMA Italian Equity 492 ANIMA High Yield Bond 494 ANIMA Bond 2022 Opportunities 495 ANIMA Global Macro 497 ANIMA Brightview 2023-I 499 ANIMA Brightview 2023-II 500 ANIMA Brightview 2023-III 501 ANIMA Brightview 2023-IV 502 ANIMA Brightview 2024-I 503 ANIMA Brightview 2024-II 504 ANIMA Brightview 2024-III 505 ANIMA Brightview 2024-IV 506 ANIMA Brightview 2024-V 507 ANIMA Brightview 2025-I 508 ANIMA Brightview 2027-I 509 ANIMA Brightview-II 510 ANIMA Brightview-III 511 ANIMA Brightview-IV 512 ANIMA Brightview-V 513 ANIMA Brightview-VI 514 ANIMA Orizzonte Europa 2022 515 ANIMA Orizzonte Europa 2023 - Rendimento Bilanciato 516 ANIMA Orizzonte Sostenibile 2023 517 ANIMA Orizzonte Benessere 2023 518 ANIMA Orizzonte Consumi 2023 519 ANIMA Orizzonte Energia 2023 520 ANIMA Defensive 521 ANIMA Zephyr Global 522 ANIMA Zephyr Global Allocation 523 ANIMA Zephyr New 524 ANIMA Zephyr Real Assets 525 ANIMA International Bond 526 Appendix I – Securities Financing Transactions Regulations (Unaudited) 527 ANIMA Funds Plc 3 ANIMA Funds Plc Organisation Registered Office of the Company Directors of the Company 78 Sir John Rogerson’s Quay Andrew Bates, Chairman (Irish) Dublin 2 Rory Mason* (Irish) Ireland Pierluigi Giverso (Italian) Davide Sosio (Italian) Manager, Promoter and Distributor Agostino Ricucci (Italian, Irish resident) ANIMA SGR S.p.A. Corso Garibaldi, 99 Depositary 20121 Milan (MI) State Street Custodial Services (Ireland) Limited Italy 78 Sir John Rogerson’s Quay Dublin 2 Administrator, Registrar and Transfer Agent Ireland State Street Fund Services (Ireland) Limited 78 Sir John Rogerson’s Quay Secretary to the Company Dublin 2 Tudor Trust Limited Ireland 33 Sir John Rogerson’s Quay Dublin 2 Independent Auditors Ireland Deloitte Ireland LLP Chartered Accountants and Statutory Audit Firm Deloitte & Touche House 29 Earlsfort Terrace Dublin 2 Ireland Legal Advisor to the Company Dillon Eustace 33 Sir John Rogerson’s Quay Dublin 2 Ireland Registered No: 308009 * Independent Director ANIMA Funds Plc 4 ANIMA Funds Plc Background to the Company Description ANIMA Funds Plc (the ЉCompany”) is an open ended umbrella investment company with variable capital and segregated liability between Funds incorporated with limited liability in Ireland under the Companies Act, 2014 with registration number 308009 and authorised under the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (as amended) (the “UCITS Regulations”) and subject to the Central Bank (Supervision & Enforcement) Act 2013 (Section 48(1) (Undertakings for Collective Investment in Transferable Securities)) Regulations 2019 (the “Central Bank UCITS Regulations”). The Company is structured as an umbrella investment company in that different sub-funds (each a “Fund”, collectively the “Funds”) may be established with the prior approval of the Central Bank. In addition, each Fund may issue more than one Share Class. The Shares of each class issued by a Fund will rank pari passu with each other in all respects except as to all or any of the following: - currency of denomination of the class; - hedging strategies; - dividend policy; - the level of fees and expenses to be charged; and - the minimum subscription and minimum holding applicable. The assets of each Fund will be separate from one another and will be invested in accordance with the investment objectives and policies applicable to each such Fund. The Funds in existence during the financial period were as follows: ANIMA Liquidity ANIMA Solution 2023-I ANIMA Short Term Bond ANIMA Solution EM ANIMA Medium Term Bond ANIMA Italian Bond ANIMA Bond Dollar ANIMA Italian Equity ANIMA Global Bond ANIMA High Yield Bond ANIMA Life Bond ANIMA Bond 2022 Opportunities ANIMA Short Term Corporate Bond ANIMA Global Macro ANIMA Europe Equity ANIMA Brightview