Europe Assets & Holdings as at 30 September 2008
| Asset Allocation | % | Top Holdings | % |
|---|---|---|---|
| France | 23.3 | Nestle Sa Chf1(regd) | 5.2 |
| Switzerland | 20.2 | Roche Hldgs Ag Genusscheine Npv | 4.8 |
| Germany | 18.5 | Bnp Paribas Eur2 | 4.1 |
| Spain | 9.6 | Telefonica Sa Eur1 | 4.0 |
| Netherlands | 5.8 | Allianz Se Npv (regd) | 4.0 |
| Greece | 3.6 | Credit Suisse Group Ag | 3.6 |
| Norway | 3.5 | Gdf Suez | 3.2 |
| Finland | 2.6 | Bayer Ag Npv | 3.0 |
| Italy | 2.5 | Banco Santander Eur0.50 | 3.0 |
| Sweden | 2.2 | E.on Ag Npv | 2.9 |
| Russia | 2.0 | ||
| Other | 6.1 |
| Asset Allocation | % | Top Holdings | % |
|---|---|---|---|
| France | 21.5 | Roche Hldgs Ag Genusscheine Npv | 4.8 |
| Switzerland | 19.1 | Nestle Sa Chf1(regd) | 4.6 |
| Germany | 18.2 | Bnp Paribas Eur2 | 4.1 |
| Spain | 10.0 | Telefonica Sa Eur1 | 4.0 |
| Netherlands | 5.7 | Allianz Se Npv (regd) | 4.0 |
| Greece | 3.6 | Credit Suisse Group Ag | 3.6 |
| Finland | 3.3 | Gdf Suez | 3.2 |
| Norway | 3.2 | Bayer Ag Npv | 3.0 |
| Russia | 2.6 | Banco Santander Eur0.50 | 3.0 |
| Italy | 2.5 | E.on Ag Npv | 2.9 |
| Sweden | 2.0 | ||
| Other | 8.3 |
| Asset Allocation | % | Top Holdings | % |
|---|---|---|---|
| France | 23.3 | Nestle Sa Chf0.01 | 3.5 |
| Germany | 19.4 | Total S.A Eur2.5 | 2.9 |
| Switzerland | 15.9 | Novartis Ag Chf0.50(Regd) | 2.4 |
| Spain | 9.9 | Telefonica Sa | 2.3 |
| Italy | 8.0 | Roche Hldg Ag | 2.3 |
| Netherlands | 6.8 | E.On Agnpv | 1.9 |
| Sweden | 4.7 | Banco Santander Sa | 1.9 |
| Finland | 2.7 | Gdf Suez Eur1 | 1.7 |
| Denmark | 2.1 | Siemens Ag Npv(Regd) | 1.7 |
| Belgium | 1.8 | Bnp Paribas Eur2 | 1.7 |
| Norway | 1.7 | ||
| Cash And Other | 3.7 |
| Asset Allocation | % | Top Holdings | % |
|---|---|---|---|
| Health Care | 22.4 | Roche Holdings Genussscheine | 4.9 |
| Financials | 16.9 | E.On | 4.8 |
| Industrials | 13.1 | Nestle (Regd) | 3.6 |
| Consumer Staples | 10.4 | Novartis (Regd) | 3.0 |
| Telecommunication Services | 10.4 | Vodafone Group | 2.9 |
| Utilities | 9.8 | Zurich Financial Services Group | 2.8 |
| Energy | 7.2 | Koninklijke Kpn | 2.6 |
| Materials | 4.4 | Grifols | 2.5 |
| Other | 4.6 | Unilever Cva | 2.3 |
| Cash | 0.8 | Linde | 2.1 |
| Asset Allocation | % | Top Holdings | % |
|---|---|---|---|
| France | 22.4 | Nestle S.A. | 4.5 |
| Germany | 18.7 | Telefonica S.A. | 3.5 |
| Switzerland | 15.7 | Novartis AG | 3.5 |
| Spain | 10.0 | E.ON AG | 3.3 |
| Italy | 9.7 | ArcelorMittal SA | 2.7 |
| Sweden | 5.6 | Total S.A. | 2.6 |
| Netherlands | 5.3 | GDF Suez S.A. | 2.6 |
| Norway | 2.9 | BNP Paribas S.A. | 2.4 |
| Belgium | 2.9 | Siemens AG | 2.4 |
| Finland | 2.3 | France Telecom | 2.3 |
| Other | 3.2 | ||
| Cash | 1.3 |
| Asset Allocation | % | Top Holdings | % |
|---|---|---|---|
| United Kingdom | 26.9 | Fugro | 2.3 |
| Germany | 13.9 | Ackermans & Van Haaren | 2.1 |
| Italy | 7.8 | Elekta | 2.1 |
| Sweden | 7.6 | Indutrade | 2.0 |
| Netherlands | 6.3 | Intrum Justitia | 1.9 |
| France | 5.6 | IG Group | 1.9 |
| Finland | 4.8 | Chemring | 1.9 |
| Greece | 4.2 | Nokian Renkaat | 1.8 |
| Spain | 4.2 | Imtech | 1.8 |
| Belgium | 3.9 | De La Rue | 1.8 |
| Other | 14.3 | ||
| Cash | 0.5 |
