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AMUNDI HK - DEFENSIVE BALANCED FUND, AMUNDI HK - BALANCED FUND, AMUNDI HK - GROWTH FUND, AMUNDI HK - MONEY MARKET USD FUND, AMUNDI HK - NEW GENERATION ASIA PACIFIC EQUITY DIVIDEND FUND, AMUNDI HK - GLOBAL AGEING PLANET OPPORTUNITIES FUND, AMUNDI HK - DISRUPTIVE OPPORTUNITIES EQUITY FUND, AND AMUNDI HK - GLOBAL MULTI-THEMATIC EQUITY FUND (SUB-FUNDS OF AMUNDI HK PORTFOLIOS) UNAUDITED INTERIM REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2018 Amundi Hong Kong Limited 901-908, One Pacific Place, 88 Queensway, Hong Kong Tel: (852) 2521 4231 Fax: (852) 2868 1450 Email: [email protected] Website: www.amundi.com/hkg

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http://www.amundi.com/hkg

AMUNDI HK PORTFOLIOS

UNAUDITED INTERIM REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2018 CONTENTS PAGE Management and administration 1 Statements of financial position (unaudited) 2 - 8 Distribution notes (unaudited) 9 - 24 Investment portfolio - Amundi HK - Defensive Balanced Fund (unaudited) 25 - 36 Investment portfolio - Amundi HK - Balanced Fund (unaudited) 37 - 49 Investment portfolio - Amundi HK - Growth Fund (unaudited) 50 - 56 Investment portfolio - Amundi HK - Money Market USD Fund (unaudited) 57 Investment portfolio - Amundi Funds - Cash USD (Underlying fund of Amundi HK – Money Market USD Fund) (unaudited) 58 – 63

Investment portfolio - Amundi HK - New Generation Asia Pacific Equity Dividend Fund (unaudited) 64 – 69

Investment portfolio - Amundi HK - Global Ageing Planet Opportunities Fund (unaudited) 70 – 73 Investment portfolio - Amundi HK - Disruptive Opportunities Equity Fund (unaudited) 74 - 77 Investment portfolio - Amundi HK - Global Multi-Thematic Equity Fund (unaudited) 78 - 79 Statement of movements in investment portfolio - Amundi HK - Defensive Balanced Fund (unaudited) 80 – 81

Statement of movements in investment portfolio - Amundi HK - Balanced Fund (unaudited) 82 - 83 Statement of movements in investment portfolio - Amundi HK - Growth Fund (unaudited) 84 Statement of movements in investment portfolio - Amundi HK - Money Market USD Fund (unaudited) 85

Statement of movements in investment portfolio - Amundi HK - New Generation Asia Pacific Equity Dividend Fund (unaudited) 86

Statement of movements in investment portfolio - Amundi HK - Global Ageing Planet Opportunities Fund (unaudited) 87

Statement of movements in investment portfolio - Amundi HK – Disruptive Opportunities Equity Fund (unaudited) 88

Statement of movements in investment portfolio - Amundi HK – Global Multi-Thematic Equity Fund (unaudited) 89

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AMUNDI HK PORTFOLIOS MANAGEMENT AND ADMINISTRATION Manager Trustee and Registrar Amundi Hong Kong Limited HSBC Institutional Trust Services (Asia) 901-908, One Pacific Place Limited 88 Queensway 1 Queen’s Road Central Hong Kong Hong Kong Directors of the Manager Legal Advisors Bernard Carayon Deacons Guerrier de DUMAST Solicitors & Notaries Jean Yves Glain 5th Floor, Alexandra House Laurent Bertiau 18 Chater Road Vincent Mortier Central, Hong Kong Zhong Xiao Feng Sub Investment Manager (for Amundi HK – Defensive Balanced Fund and Amundi HK – Balanced Fund) Amundi Singapore Limited 168 Robinson Road #24-01 Capital Tower Singapore 068912 Auditor PricewaterhouseCoopers 22/F Prince’s Building Central Hong Kong

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AMUNDI HK PORTFOLIOS STATEMENTS OF FINANCIAL POSITION (UNAUDITED) AS AT 30 JUNE 2018

Amundi HK -

Defensive Balanced Fund

Amundi HK -

Balanced Fund

Amundi HK -

Growth Fund

As at As at As at As at As at As at

30 June 31 December 30 June 31 December 30 June 31 December

2018 2017 2018 2017 2018 2017

US$ US$ US$ US$ US$ US$

Assets

Current assets

Financial assets at fair value through

profit or loss 163,443,337 149,650,051 509,775,366 192,302,330 50,388,900 53,502,053

Derivative financial instruments 97,655 495,016 59,823 810,569 4,567 -

Bank interest receivable - 6 328 23 7 8

Dividend receivable 164,485 13,837 1,128,130 38,114 140,830 15,869

Bond interest receivable 871,751 812,732 1,114,981 395,455 28,782 6,851

Amounts due from brokers 2,173,750 - 8,772,284 1,364,588 19,223 -

Amounts due from unitholders 1,240,452 69,275 6,960,223 541,054 495,973 19,002

Other receivables and prepayments - - - - - -

Deposits with brokers 36 36 32 32 - -

Cash at bank 1,763,852 1,163,808 20,818,398 4,259,353 967,868 1,878,422

───────── ───────── ───────── ───────── ───────── ─────────

Total assets 169,755,318 152,204,761 548,629,565 199,711,518 52,046,150 55,422,205

-------------- -------------- -------------- -------------- -------------- --------------

Liabilities

Current liabilities

Derivative financial instruments 139,010 185,614 1,466,444 89,648 - -

Bank interest payable 2 - - - - -

Amounts due to brokers 1,863,598 917,800 8,464,285 4,937,451 12,818 -

Amounts due to unitholders 15,399 52,497 4,953,219 107,425 1,239,366 37,158

Margin from broker - - 330,000 - - -

Other payables 245,944 117,209 934,029 174,355 57,569 31,380

───────── ───────── ───────── ───────── ───────── ─────────

Total liabilities (excluding net

assets attributable to unitholders) 2,263,953 1,273,120 16,147,977 5,308,879 1,309,753 68,538

-------------- -------------- -------------- -------------- -------------- --------------

Net assets attributable to

unitholders 167,491,365 150,931,641 532,481,588 194,402,639 50,736,397 55,353,667

═════════ ═════════ ═════════ ═════════ ═════════ ═════════

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AMUNDI HK PORTFOLIOS STATEMENTS OF FINANCIAL POSITION (UNAUDITED) (CONTINUED)

AS AT 30 JUNE 2018 Number of units in issue


unitholders per unit As at

30 June 2018

As at 31 December

2017

As at 30 June

2018

As at 31 December

2017

Amundi HK - Defensive Balanced Fund

- Classic USD Accumulation 562,710 550,015

US$11.81 US$12.22

- Classic USD Distribution 2,863,724 1,615,538 US$9.58 US$10.14

- Classic HKD Distribution 13,435,792 11,056,843 HKD10.03 HKD10.57

- Classic AUD (Hedged) Distribution 2,352,738 1,286,699 AUD9.78 AUD10.36

- Classic CAD (Hedged) Distribution 638,141 575,695 CAD9.84 CAD10.42

- Classic GBP (Hedged) Distribution 127,765 143,665 GBP9.92 GBP10.47

- Classic NZD (Hedged) Distribution 367,679 581,183 NZD9.74 NZD10.33

- Classic RMB (Hedged) Distribution 3,399,181 3,352,502 CNH9.36 CNH9.94

- Institutional II USD Accumulation 255,320 232,334

US$10.95 US$11.30

- Institutional III USD Accumulation 6,255,397 6,132,392

US$13.22 US$13.63

Amundi HK- Balanced Fund

- Classic USD Accumulation 1,435,283 1,210,425 US$13.25 US$13.51

- Classic USD Distribution 10,837,563 2,573,094 US$10.08 US$10.52

- Classic A USD Accumulation 95 95 US$12.08 US$12.35

- Classic HKD Distribution 137,022,954 20,522,039 HKD10.42 HKD10.84

- Classic RMB Accumulation 478,292 616,727 CNH12.86 CNH12.89

- Classic RMB Distribution 331 331 CNH12.10 CNH12.42

- Classic AUD (Hedged) Distribution 7,336,842 2,299,757 AUD9.93 AUD10.40

- Classic CAD (Hedged) Distribution 76 76 CAD11.89 CAD12.44

- Classic EUR (Hedged) Distribution 49 49 EUR11.83 EUR12.37

- Classic GBP (Hedged) Distribution 1,448,842 252,834 GBP11.04 GBP11.55

- Classic NZD (Hedged) Distribution 1,902,181 830,932 NZD11.35 NZD11.87

- Classic RMB (Hedged) Accumulation 1,871,195 705,225 CNH13.41 CNH13.57

- Classic RMB (Hedged) Distribution 38,394,758 12,301,216 CNH10.32 CNH10.79

- Institutional III USD Accumulation 4,237,977 4,277,618 US$16.02 US$16.29

Amundi HK- Growth Fund

- Classic USD Accumulation 72,862 69,839 US$13.41 US$13.63

- Institutional III USD Accumulation 2,988,749 3,226,635 US$16.64 US$16.86

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AS AT 30 JUNE 2018

Amundi HK -

Money Market

USD Fund

As at As at

30 June 31 December

2018 2017

US$ US$

Assets

Current assets

Financial assets at fair value through profit or loss 42,737,091 35,505,911

Bank interest receivable 7 3

Amounts due from unitholders 1,451,742 1,107

Cash at bank 406,287 604,310

───────── ─────────

Total assets 44,595,127 36,111,331

-------------- --------------

Liabilities

Current liabilities

Amount due to brokers 418,240 -

Amounts due to unitholders 213,278 135,292

Other payables 14,828 11,508

───────── ─────────

Total liabilities 646,346 146,800

-------------- --------------

Equity

Net assets attributable to unitholders 43,948,781 35,964,531

═════════ ═════════

Number of units in issue Unit Unit

- Institutional 4,254,870 3,511,732

═════════ ═════════

Net assets attributable to unitholders per unit US$ US$

- Institutional 10.32 10.24

═════════ ═════════

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AS AT 30 JUNE 2018

Amundi HK -

New Generation Asia

Pacific Equity Dividend

Fund

Amundi HK -

Global Ageing Planet

Opportunities Fund

As at As at As at As at

30 June 31 December 30 June 31 December

2018 2017 2018 2017

US$ US$ US$ US$

Assets

Current assets

Financial assets at fair value through profit

or loss 41,932,589 36,208,771 24,513,742 24,715,869

Derivative financial instruments 4,019 290,868 2,276 109,240

Bank interest receivable 22 - 3 -

Dividend receivable 238,829 29,973 12,602 19,282

Amounts due from brokers 468,029 102,893 299,737 211,814

Amounts due from unitholders 442,142 187,239 399,727 -

Other receivables and prepayments - 3 - -

Deposits with brokers - - 823 819

Cash at bank 1,493,360 660,667 387,270 236,423

───────── ───────── ───────── ─────────

Total assets

44,578,990 37,480,414 25,616,180 25,293,447

-------------- -------------- -------------- --------------

Liabilities

Current liabilities

Derivative financial instruments 192,295 1,079 77,236 909

Amounts due to brokers 467,305 103,450 299,688 288,903

Amounts due to unitholders 459,856 162,912 468,420 70,600

Other payables 118,228 47,449 108,907 66,497

───────── ───────── ───────── ─────────

Total liabilities (excluding net assets

attributable to unitholders) 1,237,684 314,890 954,251 426,909

-------------- -------------- -------------- --------------

Net assets attributable to unitholders 43,341,306 37,165,524 24,661,929 24,866,538

═════════ ═════════ ═════════ ═════════

- 6 -





30 June 2018

As at 31 December

2017

As at 30 June

2018

As at 31 December

2017

Amundi HK - New Generation Asia Pacific Equity Dividend Fund


- Classic USD Distribution I 519,280 363,703 US$9.71 US$10.39

- Classic HKD Accumulation 843,255 68,898 HKD11.75 HKD12.28

- Classic HKD Distribution I 8,819,832 3,658,628 HKD9.79 HKD10.44

- Classic RMB Accumulation 6,158 6,158 CNH12.60 CNH12.99

- Classic RMB Distribution I 579,996 368,603 CNH10.43 CNH10.96

- Classic AUD (Hedged) Accumulation 25,834 24,962 AUD12.84 AUD13.52

- Classic AUD (Hedged) Distribution I 783,133 839,682 AUD9.62 AUD10.31

- Classic CAD (Hedged) Distribution I 77 77 CAD12.31 CAD13.18

- Classic NZD (Hedged) Distribution I 56,893 76,135 NZD9.77 NZD10.47

- Classic RMB (Hedged) Accumulation 193,507 512,051 CNH12.96 CNH13.48

- Classic RMB (Hedged) Distribution I 6,189,892 6,655,787 CNH9.36 CNH10.04

- Classic M RMB (Hedged) Accumulation 4,790,753 - CNH0.9492 -

- Classic M RMB (Hedged) Distribution 4,618,167 - CNH0.9283 -

- Institutional II USD Accumulation 596,908 596,908 US$13.85 US$14.46

Amundi HK - Global Ageing Planet Opportunities Fund


- Classic USD Distribution I 538,793 934,197 US$10.85 US$11.02

- Classic HKD Accumulation 224,803 218,090 HKD11.31 HKD11.35

- Classic HKD Distribution I 5,046,253 3,883,145 HKD10.96 HKD11.10

- Classic RMB Accumulation 170 170 CNH12.59 CNH12.43

- Classic RMB Distribution I 74,092 66,280 CNH12.35 CNH12.33

- Classic AUD (Hedged) Distribution I 490,386 216,262 AUD10.65 AUD10.85

- Classic GBP (Hedged) Distribution I 7,373 5,315 GBP11.39 GBP11.61

- Classic NZD (Hedged) Distribution I 89,458 90,077 NZD10.68 NZD10.88

- Classic RMB (Hedged) Accumulation 16,042 150,201 CNH12.16 CNH12.14

- Classic RMB (Hedged) Distribution I 1,781,894 2,208,284 CNH10.66 CNH10.88

- Classic RMB (Hedged) Distribution II 461,975 291,201 CNH9.85 CNH10.31

- Institutional III USD Accumulation 187,985 - US$10.86 -

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AMUNDI HK PORTFOLIOS STATEMENTS OF FINANCIAL POSITION (UNAUDITED) (CONTINUED) AS AT 30 JUNE 2018

Amundi HK -

Disruptive

Opportunities Equity

Fund

Amundi HK -

Global Multi-

Thematic Equity

Fund

As at As at As at

30 June 31 December 30 June

2018 2017 2018

US$ US$ US$

Assets

Current assets

Financial assets at fair value through profit or loss 81,133,506 18,633,498 13,203,324

Derivative financial instruments 8,916 21,152 -

Bank interest receivable 38 2 4

Dividend receivable 23,717 3,073 -

Amount due from brokers 1,795,853 - -

Amount due from unitholders 1,075,153 451,659 161,312

Other receivables and prepayments - - -

Cash at bank 2,295,350 364,617 267,103

───────── ───────── ─────────

Total assets

86,332,533

19,474,001 13,631,743

-------------- -------------- --------------

Liabilities

Current liabilities

Derivative financial instruments 208,850 - -

Amount due to brokers 2,172,791 571,852 -

Amount due to unitholders 532,080 - 41,376

Other payables 255,542 22,356 68,364

───────── ───────── ─────────

Total liabilities (excluding net assets attributable to

unitholders) 3,169,263 594,208 109,740

-------------- -------------- --------------

Net assets attributable to unitholders before adjustment for

unamortized preliminary expenses 83,163,270 18,879,793 13,522,003

Adjustment for unamortized preliminary expenses 13,574 18,050 23,013

───────── ───────── ─────────

Net assets attributable to unitholders (at trading value) 83,176,844 18,897,843 13,545,016

═════════ ═════════ ═════════

- 8 -





30 June 2018

As at 31 December

2017

As at 30 June

2018

As at 31 December

2017

Amundi HK - Disruptive Opportunities Equity Fund

- Institutional III USD Accumulation 1,060,377 999,525 US$14.11 US$13.30

- Classic USD Accumulation 2,378,908 407,212 US$13.94 US$13.26

- Classic USD Distribution 1,182,468 18,587 US$11.07 US$10.66

- Classic HKD Distribution 9,948,497 781 HKD11.11 HKD10.67

- Classic RMB Distribution 101,648 664 CNH10.73 CNH10.02

- Classic AUD (Hedged) Distribution 560,058 125 AUD11.03 AUD10.66

- Classic NZD (Hedged) Distribution 147 147 NZD10.61 NZD10.14

- Classic RMB (Hedged) Distribution 1,858,877 654 CNH11.08 CNH10.71

Amundi HK - Global Multi-Thematic Equity Fund

- Classic USD Accumulation 1,350,881 - US$9.92 -

- Classic USD Distribution 13,921 - US$9.79 -

- 9 -

AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED)

FOR THE SIX MONTHS ENDED 30 JUNE 2018 During the period from 1 January 2018 to 30 June 2018, Amundi HK - Growth Fund and Amundi HK - Money Market USD Fund did not make any distributions. During the period from 1 January 2018 to 30 June 2018, Amundi HK - Defensive Balanced Fund, Amundi HK - Balanced Fund, Amundi HK - New Generation Asia Pacific Equity Dividend Fund, Amundi HK - Global Ageing Planet Opportunities Fund, Amundi HK – Disruptive Opportunities Equity Fund and Amundi HK - Global Multi-Thematic Equity Fund made the following distributions.

For the period from 1 January 2018 to 30 June 2018 Amundi HK - Defensive Balanced Fund Classic USD Distribution US$ - US$0.02491 per unit on 1,615,538.018 units, on ex-date on 2 January 2018 40,243

- US$0.04217 per unit on 2,248,998.160 units, on ex-date on 1 February 2018 94,840

- US$0.04090 per unit on 2,175,754.306 units, on ex-date on 1 March 2018 88,988

- US$0.04033 per unit on 1,955,617.483 units, on ex-date on 3 April 2018 78,870

- US$0.04009 per unit on 2,294,933.300 units, on ex-date on 2 May 2018 92,004

- US$0.03972 per unit on 2,781,225.725 units, on ex-date on 1 June 2018 110,470

Classic RMB (Hedged) Distribution CNH - CNH0.04708 per unit on 3,352,502.340 units, on ex-date on 2 January 2018 157,836

- CNH0.06585 per unit on 3,358,320.934 units, on ex-date on 1 February 2018 221,145

- CNH0.05692 per unit on 3,453,846.296 units, on ex-date on 1 March 2018 196,593

- CNH0.05365 per unit on 3,258,716.270 units, on ex-date on 3 April 2018 174,830

- CNH0.05514 per unit on 3,081,888.857 units, on ex-date on 2 May 2018 169,935

- CNH0.05443 per unit on 3,269,520.839 units, on ex-date on 1 June 2018 177,960

Classic HKD Distribution HKD - HKD0.02597 per unit on 11,056,843.018 units, on ex-date on 2 January 2018 287,146

- HKD0.04396 per unit on 16,131,863.735 units, on ex-date on 1 February 2018 709,157

- HKD0.04270 per unit on 16,194,447.213 units, on ex-date on 1 March 2018 691,503

- HKD0.04217 per unit on 13,067,717.861 units, on ex-date on 3 April 2018 551,066

- HKD0.04196 per unit on 15,300,705.931 units, on ex-date on 2 May 2018 642,018

- HKD0.04156 per unit on 14,312,258.193 units, on ex-date on 1 June 2018 594,817

Classic AUD (Hedged) Distribution AUD - AUD0.02544 per unit on 1,286,698.747 units, on ex-date on 2 January 2018 32,734

- AUD0.04422 per unit on 1,025,735.217 units, on ex-date on 1 February 2018 45,358

- AUD0.04249 per unit on 1,879,426.951 units, on ex-date on 1 March 2018 79,857

- AUD0.03948 per unit on 2,046,617.590 units, on ex-date on 3 April 2018 80,800

- AUD0.04010 per unit on 2,266,222.660 units, on ex-date on 2 May 2018 90,876

- AUD0.03894 per unit on 2,276,959.743 units, on ex-date on 1 June 2018 88,665

Classic NZD (Hedged) Distribution NZD - NZD0.03338 per unit on 581,183.150 units, on ex-date on 2 January 2018 19,400

- NZD0.04570 per unit on 417,685.634 units, on ex-date on 1 February 2018 19,088

- NZD0.04464 per unit on 449,477.745 units, on ex-date on 1 March 2018 20,065

- NZD0.04249 per unit on 437,013.304 units, on ex-date on 3 April 2018 18,569

- NZD0.04200 per unit on 425,414.731 units, on ex-date on 2 May 2018 17,867

- NZD0.04070 per unit on 444,869.138 units, on ex-date on 1 June 2018 18,106

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AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2018 to 30 June 2018 Amundi HK - Defensive Balanced Fund (Continued) Classic GBP (Hedged) Distribution GBP - GBP0.00188 per unit on 143,664.778 units, on ex-date on 2 January 2018 270 - GBP0.03281 per unit on 155,553.649 units, on ex-date on 1 February 2018 5,104 - GBP0.03166 per unit on 186,791.526 units, on ex-date on 1 March 2018 5,914 - GBP0.02573 per unit on 136,931.077 units, on ex-date on 3 April 2018 3,523 - GBP0.02740 per unit on 181,760.068 units, on ex-date on 2 May 2018 4,980 - GBP0.02716 per unit on 133,540.672 units, on ex-date on 1 June 2018 3,627 Classic CAD (Hedged) Distribution CAD - CAD0.01460 per unit on 575,694.852 units, on ex-date on 2 January 2018 8,405 - CAD0.04050 per unit on 574,622.238 units, on ex-date on 1 February 2018 23,272 - CAD0.03802 per unit on 518,991.530 units, on ex-date on 1 March 2018 19,732 - CAD0.03447 per unit on 533,447.028 units, on ex-date on 3 April 2018 18,388 - CAD0.03530 per unit on 492,037.502 units, on ex-date on 2 May 2018 17,369 - CAD0.03433 per unit on 549,343.844 units, on ex-date on 1 June 2018 18,859 Amundi HK - Balanced Fund Classic USD Distribution US$ - US$0.02155 per unit on 2,573,093.598 units, on ex-date on 2 January 2018 55,450 - US$0.04510 per unit on 6,074,370.401 units, on ex-date on 1 February 2018 273,954 - US$0.04314 per unit on 8,026,490.591 units, on ex-date on 1 March 2018 346,263 - US$0.04196 per unit on 9,706,210.793 units, on ex-date on 3 April 2018 407,273 - US$0.04225 per unit on 11,218,948.071 units, on ex-date on 2 May 2018 474,001 - US$0.04229 per unit on 10,494,538.047 units, on ex-date on 1 June 2018 443,814 Classic RMB (Hedged) Distribution CNH - RMB0.04673 per unit on 12,301,215.589 units, on ex-date on 2 January 2018 574,836 - RMB0.07379 per unit on 25,105,124.345 units, on ex-date on 1 February 2018 1,852,507 - RMB0.06283 per unit on 28,663,387.582 units, on ex-date on 1 March 2018 1,800,921 - RMB0.05854 per unit on 31,727,881.463 units, on ex-date on 3 April 2018 1,857,350 - RMB0.06088 per unit on 33,548,800.294 units, on ex-date on 2 May 2018 2,042,451 - RMB0.06065 per unit on 35,959,957.120 units, on ex-date on 1 June 2018 2,180,971 Classic AUD (Hedged) Distribution AUD - AUD0.02131 per unit on 2,299,757.083 units, on ex-date on 2 January 2018 49,008 - AUD0.04573 per unit on 4,528,117.184 units, on ex-date on 1 February 2018 207,071 - AUD0.04328 per unit on 4,394,011.464 units, on ex-date on 1 March 2018 190,173 - AUD0.03976 per unit on 4,860,589.487 units, on ex-date on 3 April 2018 193,257 - AUD0.04086 per unit on 5,521,583.072 units, on ex-date on 2 May 2018 225,612 - AUD0.04004 per unit on 6,985,298.524 units, on ex-date on 1 June 2018 279,691 Classic HKD Distribution HKD - HKD0.02220 per unit on 20,522,038.541 units, on ex-date on 2 January 2018 455,589 - HKD0.04644 per unit on 66,135,042.137 units, on ex-date on 1 February 2018 3,071,311 - HKD0.04445 per unit on 96,123,779.643 units, on ex-date on 1 March 2018 4,272,702 - HKD0.04339 per unit on 112,914,468.213 units, on ex-date on 3 April 2018 4,899,359 - HKD0.04363 per unit on 112,993,306.018 units, on ex-date on 2 May 2018 4,929,898 - HKD0.04372 per unit on 128,542,751.371 units, on ex-date on 1 June 2018 5,619,889

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AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2018 to 30 June 2018 Amundi HK - Balanced Fund (Continued) Classic RMB Distribution CNH - RMB0.02564 per unit on 330.818 units, on ex-date on 2 January 2018 8 - RMB0.05154 per unit on 330.818 units, on ex-date on 1 February 2018 17 - RMB0.04950 per unit on 330.818 units, on ex-date on 1 March 2018 16 - RMB0.04795 per unit on 330.818 units, on ex-date on 3 April 2018 16 - RMB0.04820 per unit on 330.818 units, on ex-date on 2 May 2018 16 - RMB0.04889 per unit on 330.818 units, on ex-date on 1 June 2018 16 Classic NZD (Hedged) Distribution NZD - NZD0.03355 per unit on 830,931.946 units, on ex-date on 2 January 2018 27,878 - NZD0.05421 per unit on 1,020,283.641 units, on ex-date on 1 February 2018 55,310 - NZD0.05221 per unit on 1,105,526.490 units, on ex-date on 1 March 2018 57,720 - NZD0.04903 per unit on 1,237,614.714 units, on ex-date on 3 April 2018 60,680 - NZD0.04906 per unit on 1,346,524.723 units, on ex-date on 2 May 2018 66,061 - NZD0.04801 per unit on 1,667,504.657 units, on ex-date on 1 June 2018 80,057 Classic GBP (Hedged) Distribution GBP - GBP0.03722 per unit on 689,546.973 units, on ex-date on 1 February 2018 25,665 - GBP0.03531 per unit on 1,051,413.105 units, on ex-date on 1 March 2018 37,125 - GBP0.02834 per unit on 1,193,138.342 units, on ex-date on 3 April 2018 33,814 - GBP0.03054 per unit on 1,279,008.418 units, on ex-date on 2 May 2018 39,061 - GBP0.03061 per unit on 1,330,055.170 units, on ex-date on 1 June 2018 40,713 Classic EUR (Hedged) Distribution EUR - EUR0.02958 per unit on 49.416 units, on ex-date on 1 February 2018 1 - EUR0.02836 per unit on 49.416 units, on ex-date on 1 March 2018 1 - EUR0.01960 per unit on 49.416 units, on ex-date on 3 April 2018 1 - EUR0.02131 per unit on 49.416 units, on ex-date on 2 May 2018 1 - EUR0.02239 per unit on 49.416 units, on ex-date on 1 June 2018 1 Classic CAD (Hedged) Distribution CAD - CAD0.01238 per unit on 76.208 units, on ex-date on 2 January 2018 1 - CAD0.04982 per unit on 76.208 units, on ex-date on 1 February 2018 4 - CAD0.04608 per unit on 76.208 units, on ex-date on 1 March 2018 4 - CAD0.04125 per unit on 76.208 units, on ex-date on 3 April 2018 3 - CAD0.04273 per unit on 76.208 units, on ex-date on 2 May 2018 3 - CAD0.04201 per unit on 76.208 units, on ex-date on 1 June 2018 3

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AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2018 to 30 June 2018 Amundi HK - New Generation Asia Pacific Equity Dividend Fund

Classic USD Distribution I US$ - US$0.03346 per unit on 363,702.668 units, on ex-date on 2 January 2018 12,169 - US$0.03614 per unit on 448,084.401 units, on ex-date on 1 February 2018 16,194 - US$0.03402 per unit on 484,449.176 units, on ex-date on 1 March 2018 16,481 - US$0.03356 per unit on 419,122.740 units, on ex-date on 3 April 2018 14,066 - US$0.03346 per unit on 445,578.151 units, on ex-date on 2 May 2018 14,909 - US$0.03353 per unit on 468,756.491 units, on ex-date on 1 June 2018 15,717 Classic HKD Distribution I HKD - HKD0.03362 per unit on 3,658,628.505 units, on ex-date on 2 January 2018 123,003 - HKD0.03631 per unit on 8,398,570.737 units, on ex-date on 1 February 2018 304,952 - HKD0.03421 per unit on 7,761,299.796 units, on ex-date on 1 March 2018 265,514 - HKD0.03385 per unit on 7,486,972.224 units, on ex-date on 3 April 2018 253,434 - HKD0.03375 per unit on 7,765,236.175 units, on ex-date on 2 May 2018 262,077 - HKD0.03379 per unit on 8,113,420.028 units, on ex-date on 1 June 2018 274,152 Classic RMB Distribution I CNH - CNH0.03559 per unit on 368,603.217 units, on ex-date on 2 January 2018 13,119 - CNH0.03690 per unit on 374,841.009 units, on ex-date on 1 February 2018 13,832 - CNH0.03493 per unit on 389,990.767 units, on ex-date on 1 March 2018 13,622 - CNH0.03431 per unit on 589,822.297 units, on ex-date on 3 April 2018 20,237 - CNH0.03418 per unit on 611,729.512 units, on ex-date on 2 May 2018 20,909 - CNH0.03470 per unit on 579,996.432 units, on ex-date on 1 June 2018 20,126 Classic AUD (Hedged) Distribution I AUD - AUD0.03322 per unit on 839,682.398 units, on ex-date on 2 January 2018 27,894 - AUD0.03701 per unit on 721,535.774 units, on ex-date on 1 February 2018 26,704 - AUD0.03442 per unit on 768,873.421 units, on ex-date on 1 March 2018 26,465 - AUD0.03159 per unit on 803,927.090 units, on ex-date on 3 April 2018 25,396 - AUD0.03239 per unit on 754,547.627 units, on ex-date on 2 May 2018 24,440 - AUD0.03160 per unit on 813,311.081 units, on ex-date on 1 June 2018 25,701 Classic CAD (Hedged) Distribution I CAD - CAD0.02874 per unit on 76.614 units, on ex-date on 2 January 2018 2 - CAD0.04211 per unit on 76.614 units, on ex-date on 1 February 2018 3 - CAD0.03804 per unit on 76.614 units, on ex-date on 1 March 2018 3 - CAD0.03373 per unit on 76.614 units, on ex-date on 3 April 2018 3 - CAD0.03490 per unit on 76.614 units, on ex-date on 2 May 2018 3 - CAD0.03416 per unit on 76.614 units, on ex-date on 1 June 2018 3

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AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2018 to 30 June 2018 Amundi HK - New Generation Asia Pacific Equity Dividend Fund (Continued)

Classic NZD (Hedged) Distribution I NZD - NZD0.04176 per unit on 76,134.504 units, on ex-date on 2 January 2018 3,179 - NZD0.03940 per unit on 105,600.346 units, on ex-date on 1 February 2018 4,161 - NZD0.03740 per unit on 90,479.749 units, on ex-date on 1 March 2018 3,384 - NZD0.03536 per unit on 90,479.749 units, on ex-date on 3 April 2018 3,199 - NZD0.03506 per unit on 28,564.460 units, on ex-date on 2 May 2018 1,001 - NZD0.03416 per unit on 56,892.511 units, on ex-date on 1 June 2018 1,943 Classic RMB (Hedged) Distribution I CNH - CNH0.05501 per unit on 6,655,787.503 units, on ex-date on 2 January 2018 366,135 - CNH0.06078 per unit on 6,119,731.313 units, on ex-date on 1 February 2018 371,957 - CNH0.05011 per unit on 5,733,567.556 units, on ex-date on 1 March 2018 287,309 - CNH0.04696 per unit on 5,722,748.287 units, on ex-date on 3 April 2018 268,740 - CNH0.04869 per unit on 5,705,330.329 units, on ex-date on 2 May 2018 277,793 - CNH0.04847 per unit on 5,827,978.066 units, on ex-date on 1 June 2018 282,482 Class Classic M RMB (Hedged) - Distribution CNH - CNH0.01430 per unit on 4,713,827.790 units, on ex-date on 11 April 2018 67,408

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AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2018 to 30 June 2018 Amundi HK - Global Ageing Planet Opportunities Fund Classic USD Distribution I US$ - US$0.01369 per unit on 934,197.227 units, on ex-date on 2 January 2018 12,789 - US$0.01464 per unit on 839,997.519 units, on ex-date on 1 February 2018 12,298 - US$0.01378 per unit on 760,497.784 units, on ex-date on 1 March 2018 10,480 - US$0.01325 per unit on 667,874.747 units, on ex-date on 3 April 2018 8,849 - US$0.01350 per unit on 616,496.307 units, on ex-date on 2 May 2018 8,323 - US$0.02715 per unit on 608,039.825 units, on ex-date on 1 June 2018 16,508 Classic HKD Distribution I HKD - HKD0.01379 per unit on 3,883,145.007 units, on ex-date on 2 January 2018 53,549 - HKD0.01474 per unit on 10,338,100.977 units, on ex-date on 1 February 2018 152,384 - HKD0.01387 per unit on 9,885,015.619 units, on ex-date on 1 March 2018 137,105 - HKD0.01339 per unit on 5,490,855.593 units, on ex-date on 3 April 2018 73,523 - HKD0.01365 per unit on 5,107,363.884 units, on ex-date on 2 May 2018 69,716 - HKD0.02742 per unit on 4,656,787.872 units, on ex-date on 1 June 2018 127,689 Classic RMB Distribution I CNH - CNH0.01544 per unit on 66,279.649 units, on ex-date on 2 January 2018 1,023 - CNH0.01586 per unit on 353,906.750 units, on ex-date on 1 February 2018 5,613 - CNH0.01498 per unit on 353,906.750 units, on ex-date on 1 March 2018 5,302 - CNH0.01437 per unit on 353,906.750 units, on ex-date on 3 April 2018 5,086 - CNH0.01462 per unit on 105,451.266 units, on ex-date on 2 May 2018 1,542 - CNH0.02976 per unit on 102,509.276 units, on ex-date on 1 June 2018 3,051 Classic AUD (Hedged) Distribution I AUD - AUD0.01346 per unit on 216,261.856 units, on ex-date on 2 January 2018 2,911 - AUD0.01564 per unit on 657,898.654 units, on ex-date on 1 February 2018 10,290 - AUD0.01426 per unit on 642,959.131 units, on ex-date on 1 March 2018 9,169 - AUD0.01373 per unit on 494,940.598 units, on ex-date on 3 April 2018 6,796 - AUD0.01240 per unit on 489,108.646 units, on ex-date on 2 May 2018 6,065 - AUD0.02490 per unit on 471,450.240 units, on ex-date on 1 June 2018 11,739 Classic GBP (Hedged) Distribution I GBP - GBP0.00282 per unit on 48,891.451 units, on ex-date on 1 February 2018 138 - GBP0.00243 per unit on 53,650.683 units, on ex-date on 1 March 2018 130 - GBP0.00234 per unit on 53,650.683 units, on ex-date on 3 April 2018 126 - GBP0.01250 per unit on 23,757.593 units, on ex-date on 1 June 2018 297 Classic NZD (Hedged) Distribution I NZD - NZD0.02202 per unit on 90,076.760 units, on ex-date on 2 January 2018 1,983 - NZD0.01753 per unit on 79,532.532 units, on ex-date on 1 February 2018 1,394 - NZD0.01682 per unit on 82,431.936 units, on ex-date on 1 March 2018 1,387 - NZD0.01619 per unit on 82,431.936 units, on ex-date on 3 April 2018 1,335 - NZD0.01464 per unit on 99,007.782 units, on ex-date on 2 May 2018 1,449 - NZD0.02707 per unit on 99,007.782 units, on ex-date on 1 June 2018 2,680

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AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2018 to 30 June 2018 Amundi HK - Global Ageing Planet Opportunities Fund (Continued) Classic RMB (Hedged) Distribution I CNH - CNH0.03852 per unit on 2,208,284.094 units, on ex-date on 2 January 2018 85,063 - CNH0.04276 per unit on 1,702,053.592 units, on ex-date on 1 February 2018 72,780 - CNH0.03241 per unit on 2,717,080.209 units, on ex-date on 1 March 2018 88,061 - CNH0.03120 per unit on 3,078,720.286 units, on ex-date on 3 April 2018 96,056 - CNH0.03105 per unit on 2,203,981.327 units, on ex-date on 2 May 2018 68,434 - CNH0.04439 per unit on 2,056,218.950 units, on ex-date on 1 June 2018 91,276 Classic RMB (Hedged) Distribution II CNH - CNH0.31000 per unit on 291,201.075 units, on ex-date on 2 January 2018 90,272 - CNH0.03942 per unit on 306,250.272 units, on ex-date on 1 February 2018 12,072 - CNH0.02986 per unit on 329,495.044 units, on ex-date on 1 March 2018 9,839 - CNH0.02874 per unit on 329,495.044 units, on ex-date on 3 April 2018 9,470 - CNH0.02870 per unit on 329,556.965 units, on ex-date on 2 May 2018 9,458 - CNH0.04099 per unit on 329,556.965 units, on ex-date on 1 June 2018 13,509

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AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2018 to 30 June 2018 Amundi HK - Disruptive Opportunities Equity Fund Classic USD Distribution US$ - US$0.01771 per unit on 18,587.394 units, on ex-date on 2 January 2018 329 - US$0.01860 per unit on 1,303,561.705 units, on ex-date on 1 February 2018 24,246 - US$0.01815 per unit on 1,364,581.608 units, on ex-date on 1 March 2018 24,767 - US$0.02673 per unit on 1,199,627.710 units, on ex-date on 3 April 2018 32,066 - US$0.02636 per unit on 1,061,051.738 units, on ex-date on 2 May 2018 27,969 - US$0.02740 per unit on 1,040,750.073 units, on ex-date on 1 June 2018 28,517 Classic HKD Distribution HKD - HKD0.01774 per unit on 781.170 units, on ex-date on 2 January 2018 14 - HKD0.01861 per unit on 3,698,074.993 units, on ex-date on 1 February 2018 68,821 - HKD0.01820 per unit on 4,836,490.495 units, on ex-date on 1 March 2018 88,024 - HKD0.02686 per unit on 8,196,295.068 units, on ex-date on 3 April 2018 220,152 - HKD0.02649 per unit on 9,601,342.098 units, on ex-date on 2 May 2018 254,340 - HKD0.02752 per unit on 9,474,200.663 units, on ex-date on 1 June 2018 260,730 Classic RMB Distribution CNH - CNH0.01676 per unit on 663.655 units, on ex-date on 2 January 2018 11 - CNH0.01693 per unit on 80,929.077 units, on ex-date on 1 February 2018 1,370 - CNH0.01660 per unit on 66,767.065 units, on ex-date on 1 March 2018 1,108 - CNH0.02437 per unit on 115,639.472 units, on ex-date on 3 April 2018 2,818 - CNH0.0240 per unit on 118,036.587 units, on ex-date on 2 May 2018 2,833 - CNH0.02525 per unit on 118,036.587 units, on ex-date on 1 June 2018 2,980 Classic AUD (Hedged) Distribution AUD - AUD0.01769 per unit on 124.556 units, on ex-date on 2 January 2018 2 - AUD0.01979 per unit on 209,376.503 units, on ex-date on 1 February 2018 4,144 - AUD0.01888 per unit on 243,724.320 units, on ex-date on 1 March 2018 4,602 - AUD0.02490 per unit on 371,984.184 units, on ex-date on 3 April 2018 9,262 - AUD0.02544 per unit on 567,856.601 units, on ex-date on 2 May 2018 14,446 - AUD0.02555 per unit on 593,063.219 units, on ex-date on 1 June 2018 15,153 Classic RMB (hedged) - Distribution RMB - CNH0.04251 per unit on 653.450 units, on ex-date on 2 January 2018 28 - CNH0.04611 per unit on 1,120,333.941 units, on ex-date on 1 February 2018 51,659 - CNH0.03717 per unit on 1,182,544.102 units, on ex-date on 1 March 2018 43,955 - CNH0.04279 per unit on 1,690,781.638 units, on ex-date on 3 April 2018 72,349 - CNH0.04419 per unit on 2,154,887.036 units, on ex-date on 2 May 2018 95,224 - CNH0.04563 per unit on 1,757,253.058 units, on ex-date on 1 June 2018 80,183 Classic NZD (Hedged) Distribution NZD - NZD0.02478 per unit on 147.102 units, on ex-date on 2 January 2018 4 - NZD0.02058 per unit on 147.102 units, on ex-date on 1 February 2018 3 - NZD0.02043 per unit on 147.102 units, on ex-date on 1 March 2018 3 - NZD0.02707 per unit on 147.102 units, on ex-date on 3 April 2018 4 - NZD0.02650 per unit on 147.102 units, on ex-date on 2 May 2018 4 - NZD0.02660 per unit on 147.102 units, on ex-date on 1 June 2018 4

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AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2018 to 30 June 2018 Amundi HK - Global Multi-Thematic Equity Fund Classic USD Distribution US$ - US$0.06440 per unit on 13,276.500 units, on ex-date on 2 May 2018 855 - US$0.06434 per unit on 13,920.954 units, on ex-date on 1 June 2018 896

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AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED)

FOR THE SIX MONTHS ENDED 30 JUNE 2018 During the period from 1 January 2017 to 30 June 2017, Amundi HK - Growth Fund, Amundi HK - Money Market USD Fund and Amundi HK – Disruptive Opportunities Equity Fund did not make any distributions. During the period from 1 January 2017 to 30 June 2017, Amundi HK - Defensive Balanced Fund, Amundi HK - Balanced Fund, Amundi HK - New Generation Asia Pacific Equity Dividend Fund and Amundi HK - Global Ageing Planet Opportunities Fund made the following distributions.

For the period from 1 January 2017 to 30 June 2017 Amundi HK - Defensive Balanced Fund Classic USD Distribution US$ - US$0.02331 per unit on 938,644.911 units, on ex-date on 3 January 2017 21,880

- US$0.02360 per unit on 981,970.937 units, on ex-date on 1 February 2017 23,175

- US$0.02380 per unit on 1,086,038.513 units, on ex-date on 1 March 2017 25,848

- US$0.02390 per unit on 929,482.316 units, on ex-date on 3 April 2017 22,215

- US$0.02397 per unit on 1,013,856.536 units, on ex-date on 2 May 2017 24,302

- US$0.02422 per unit on 1,032,732.870 units, on ex-date on 1 June 2017 25,013

Classic RMB (Hedged) Distribution CNH - CNH0.09267 per unit on 2,052,465.294 units, on ex-date on 3 January 2017 190,202

- CNH0.08671 per unit on 1,946,271.239 units, on ex-date on 1 February 2017 168,761

- CNH0.06159 per unit on 2,040,073.994 units, on ex-date on 1 March 2017 125,648

- CNH0.05030 per unit on 1,889,849.959 units, on ex-date on 3 April 2017 95,059

- CNH0.04404 per unit on 3,020,046.930 units, on ex-date on 2 May 2017 133,003

- CNH0.05559 per unit on 2,843,605.635 units, on ex-date on 1 June 2017 158,076

Classic HKD Distribution HKD - HKD0.02415 per unit on 8,735,752.126 units, on ex-date on 3 January 2017 210,968

- HKD0.02439 per unit on 8,251,350.967 units, on ex-date on 1 February 2017 201,250

- HKD0.02464 per unit on 9,153,012.007 units, on ex-date on 1 March 2017 225,530

- HKD0.02474 per unit on 7,800,278.293 units, on ex-date on 3 April 2017 192,979

- HKD0.02486 per unit on 6,627,986.649 units, on ex-date on 2 May 2017 164,772

- HKD0.02516 per unit on 7,133,956.237 units, on ex-date on 1 June 2017 179,490

Classic AUD (Hedged) Distribution AUD - AUD0.03150 per unit on 1,033,436.241 units, on ex-date on 3 January 2017 32,553

- AUD0.03231 per unit on 1,067,072.788 units, on ex-date on 1 February 2017 34,477

- AUD0.03085 per unit on 1,607,079.078 units, on ex-date on 1 March 2017 49,578

- AUD0.02935 per unit on 1,798,082.585 units, on ex-date on 3 April 2017 52,774

- AUD0.03049 per unit on 1,890,038.615 units, on ex-date on 2 May 2017 57,627

- AUD0.02981 per unit on 1,929,254.508 units, on ex-date on 1 June 2017 57,511

Classic NZD (Hedged) Distribution NZD - NZD0.03400 per unit on 291,046.496 units, on ex-date on 3 January 2017 9,896

- NZD0.03384 per unit on 254,635.266 units, on ex-date on 1 February 2017 8,617

- NZD0.03323 per unit on 284,665.420 units, on ex-date on 1 March 2017 9,459

- NZD0.03191 per unit on 311,927.234 units, on ex-date on 3 April 2017 9,954

- NZD0.03259 per unit on 322,468.239 units, on ex-date on 2 May 2017 10,509

- NZD0.03138 per unit on 570,817.548 units, on ex-date on 1 June 2017 17,912

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AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2017 to 30 June 2017 Amundi HK - Defensive Balanced Fund (Continued) Classic GBP (Hedged) Distribution GBP - GBP0.01148 per unit on 191,064.128 units, on ex-date on 3 January 2017 2,193 - GBP0.01764 per unit on 274,407.707 units, on ex-date on 1 February 2017 4,841 - GBP0.01945 per unit on 305,265.992 units, on ex-date on 1 March 2017 5,937 - GBP0.01644 per unit on 281,800.427 units, on ex-date on 3 April 2017 4,633 - GBP0.01677 per unit on 154,395.427 units, on ex-date on 2 May 2017 2,589 - GBP0.01641 per unit on 175,497.644 units, on ex-date on 1 June 2017 2,880 Classic CAD (Hedged) Distribution CAD - CAD0.01888 per unit on 653,595.075 units, on ex-date on 3 January 2017 12,340 - CAD0.02147 per unit on 436,600.548 units, on ex-date on 1 February 2017 9,374 - CAD0.02302 per unit on 356,980.348 units, on ex-date on 1 March 2017 8,218 - CAD0.01999 per unit on 452,650.749 units, on ex-date on 3 April 2017 9,048 - CAD0.02060 per unit on 496,533.995 units, on ex-date on 2 May 2017 10,229 - CAD0.02064 per unit on 420,076.078 units, on ex-date on 1 June 2017 8,670 Amundi HK - Balanced Fund Classic USD Distribution US$ - US$0.01835 per unit on 1,882,878.982 units, on ex-date on 3 January 2017 34,551 - US$0.01876 per unit on 2,040,667.482 units, on ex-date on 1 February 2017 38,283 - US$0.01924 per unit on 1,913,423.354 units, on ex-date on 1 March 2017 36,814 - US$0.01928 per unit on 2,002,298.970 units, on ex-date on 3 April 2017 38,604 - US$0.01938 per unit on 1,840,264.734 units, on ex-date on 2 May 2017 35,664 - US$0.01986 per unit on 1,503,591.597 units, on ex-date on 1 June 2017 29,861 Classic RMB (Hedged) Distribution CNH - CNH0.08763 per unit on 13,558,003.819 units, on ex-date on 3 January 2017 1,188,088 - CNH0.08260 per unit on 12,573,458.645 units, on ex-date on 1 February 2017 1,038,568 - CNH0.05851 per unit on 11,628,756.890 units, on ex-date on 1 March 2017 680,399 - CNH0.04690 per unit on 12,082,087.961 units, on ex-date on 3 April 2017 566,650 - CNH0.04065 per unit on 13,168,172.583 units, on ex-date on 2 May 2017 535,286 - CNH0.05300 per unit on 13,423,965.150 units, on ex-date on 1 June 2017 711,470 Classic AUD (Hedged) Distribution AUD - AUD0.02500 per unit on 2,906,109.033 units, on ex-date on 3 January 2017 72,653 - AUD0.02598 per unit on 2,196,237.361 units, on ex-date on 1 February 2017 57,058 - AUD0.02504 per unit on 1,589,708.393 units, on ex-date on 1 March 2017 39,806 - AUD0.02361 per unit on 1,304,288.677 units, on ex-date on 3 April 2017 30,794 - AUD0.02469 per unit on 1,220,842.461 units, on ex-date on 2 May 2017 30,143 - AUD0.02437 per unit on 1,139,704.766 units, on ex-date on 1 June 2017 27,775 Classic HKD Distribution HKD - HKD0.01876 per unit on 13,025,434.226 units, on ex-date on 3 January 2017 244,357 - HKD0.01916 per unit on 12,369,259.978 units, on ex-date on 1 February 2017 236,995 - HKD0.01967 per unit on 10,957,239.537 units, on ex-date on 1 March 2017 215,529 - HKD0.01973 per unit on 11,455,256.284 units, on ex-date on 3 April 2017 226,012 - HKD0.01986 per unit on 13,723,707.496 units, on ex-date on 2 May 2017 272,553 - HKD0.02037 per unit on 11,975,517.476 units, on ex-date on 1 June 2017 243,941

- 20 -

AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2017 to 30 June 2017 Amundi HK - Balanced Fund (Continued) Classic RMB Distribution CNH - CNH0.02307 per unit on 330.818 units, on ex-date on 3 January 2017 8 - CNH0.02317 per unit on 330.818 units, on ex-date on 1 February 2017 8 - CNH0.02389 per unit on 330.818 units, on ex-date on 1 March 2017 8 - CNH0.02393 per unit on 330.818 units, on ex-date on 3 April 2017 8 - CNH0.02416 per unit on 330.818 units, on ex-date on 2 May 2017 8 - CNH0.02474 per unit on 330.818 units, on ex-date on 1 June 2017 8 Classic NZD (Hedged) Distribution NZD - NZD0.03137 per unit on 365,784.677 units, on ex-date on 3 January 2017 11,475 - NZD0.03151 per unit on 309,092.333 units, on ex-date on 1 February 2017 9,739 - NZD0.03133 per unit on 292,241.372 units, on ex-date on 1 March 2017 9,156 - NZD0.02986 per unit on 421,962.199 units, on ex-date on 3 April 2017 12,600 - NZD0.03063 per unit on 398,709.199 units, on ex-date on 2 May 2017 12,212 - NZD0.02968 per unit on 424,913.309 units, on ex-date on 1 June 2017 12,611 Classic GBP (Hedged) Distribution GBP - GBP0.00755 per unit on 199,618.491 units, on ex-date on 3 January 2017 1,507 - GBP0.01380 per unit on 239,150.442 units, on ex-date on 1 February 2017 3,300 - GBP0.01586 per unit on 151,081.666 units, on ex-date on 1 March 2017 2,396 - GBP0.01274 per unit on 179,492.749 units, on ex-date on 3 April 2017 2,287 - GBP0.01309 per unit on 173,313.689 units, on ex-date on 2 May 2017 2,269 - GBP0.01284 per unit on 138,464.720 units, on ex-date on 1 June 2017 1,778 Classic EUR (Hedged) Distribution EUR - EUR0.00749 per unit on 49.416 units, on ex-date on 1 February 2017 0 - EUR0.01075 per unit on 49.416 units, on ex-date on 1 March 2017 1 - EUR0.00642 per unit on 49.416 units, on ex-date on 3 April 2017 0 - EUR0.00744 per unit on 49.416 units, on ex-date on 2 May 2017 0 - EUR0.00666 per unit on 49.416 units, on ex-date on 1 June 2017 0 Classic CAD (Hedged) Distribution CAD - CAD0.01622 per unit on 76.208 units, on ex-date on 3 January 2017 1 - CAD0.01916 per unit on 76.208 units, on ex-date on 1 February 2017 1 - CAD0.02115 per unit on 76.208 units, on ex-date on 1 March 2017 2 - CAD0.01774 per unit on 76.208 units, on ex-date on 3 April 2017 1 - CAD0.01843 per unit on 76.208 units, on ex-date on 2 May 2017 1 - CAD0.01868 per unit on 76.208 units, on ex-date on 1 June 2017 1

- 21 -

AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2017 to 30 June 2017 Amundi HK - New Generation Asia Pacific Equity Dividend Fund

Classic USD Distribution I US$ - US$0.02724 per unit on 792,996.095 units, on ex-date on 3 January 2017 21,601 - US$0.02852 per unit on 664,168.364 units, on ex-date on 1 February 2017 18,942 - US$0.02986 per unit on 696,799.308 units, on ex-date on 1 March 2017 20,806 - US$0.03038 per unit on 652,295.899 units, on ex-date on 3 April 2017 19,817 - US$0.03035 per unit on 618,992.567 units, on ex-date on 2 May 2017 18,786 - US$0.03100 per unit on 583,382.915 units, on ex-date on 1 June 2017 18,085 Classic HKD Distribution I HKD - HKD0.02721 per unit on 6,188,533.673 units, on ex-date on 3 January 2017 168,390 - HKD0.02842 per unit on 6,205,160.402 units, on ex-date on 1 February 2017 176,351 - HKD0.02979 per unit on 7,259,169.998 units, on ex-date on 1 March 2017 216,251 - HKD0.03035 per unit on 6,464,267.176 units, on ex-date on 3 April 2017 196,191 - HKD0.03035 per unit on 6,020,028.517 units, on ex-date on 2 May 2017 182,708 - HKD0.03104 per unit on 5,396,111.780 units, on ex-date on 1 June 2017 167,495 Classic RMB Distribution I CNH - CNH0.03068 per unit on 469,440.457 units, on ex-date on 3 January 2017 14,402 - CNH0.03153 per unit on 454,907.344 units, on ex-date on 1 February 2017 14,343 - CNH0.03320 per unit on 402,035.112 units, on ex-date on 1 March 2017 13,348 - CNH0.03375 per unit on 382,747.649 units, on ex-date on 3 April 2017 12,918 - CNH0.03385 per unit on 385,737.851 units, on ex-date on 2 May 2017 13,057 - CNH0.03457 per unit on 483,930.732 units, on ex-date on 1 June 2017 16,729 Classic AUD (Hedged) Distribution I AUD - AUD0.03360 per unit on 763,109.694 units, on ex-date on 3 January 2017 25,640 - AUD0.03557 per unit on 718,663.501 units, on ex-date on 1 February 2017 25,563 - AUD0.03563 per unit on 807,990.386 units, on ex-date on 1 March 2017 28,789 - AUD0.03477 per unit on 764,594.826 units, on ex-date on 3 April 2017 26,585 - AUD0.03571 per unit on 775,869.786 units, on ex-date on 2 May 2017 27,706 - AUD0.03556 per unit on 870,727.359 units, on ex-date on 1 June 2017 30,963 Classic CAD (Hedged) Distribution I CAD - CAD0.02966 per unit on 76.614 units, on ex-date on 3 January 2017 2 - CAD0.03375 per unit on 76.614 units, on ex-date on 1 February 2017 3 - CAD0.03693 per unit on 76.614 units, on ex-date on 1 March 2017 3 - CAD0.03381 per unit on 76.614 units, on ex-date on 3 April 2017 3 - CAD0.03445 per unit on 76.614 units, on ex-date on 2 May 2017 3 - CAD0.03496 per unit on 76.614 units, on ex-date on 1 June 2017 3

- 22 -

AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2017 to 30 June 2017 Amundi HK - New Generation Asia Pacific Equity Dividend Fund (Continued)

Classic EUR (Hedged) Distribution I EUR - EUR0.01277 per unit on 49.679 units, on ex-date on 3 January 2017 1 - EUR0.02137 per unit on 49.679 units, on ex-date on 1 February 2017 1 - EUR0.02561 per unit on 49.679 units, on ex-date on 1 March 2017 1 - EUR0.02136 per unit on 49.679 units, on ex-date on 3 April 2017 1 - EUR0.02241 per unit on 49.679 units, on ex-date on 2 May 2017 1 - EUR0.02185 per unit on 49.679 units, on ex-date on 1 June 2017 1 Classic GBP (Hedged) Distribution I GBP - GBP0.02006 per unit on 52.275 units, on ex-date on 3 January 2017 1 - GBP0.02740 per unit on 52.275 units, on ex-date on 1 February 2017 1 - GBP0.03053 per unit on 52.275 units, on ex-date on 1 March 2017 2 - GBP0.02762 per unit on 52.275 units, on ex-date on 3 April 2017 1 - GBP0.02788 per unit on 52.275 units, on ex-date on 2 May 2017 1 - GBP0.02789 per unit on 52.275 units, on ex-date on 1 June 2017 1 Classic NZD (Hedged) Distribution I NZD - NZD0.03671 per unit on 104,935.777 units, on ex-date on 3 January 2017 3,852 - NZD0.03790 per unit on 56,570.510 units, on ex-date on 1 February 2017 2,144 - NZD0.03890 per unit on 72,332.525 units, on ex-date on 1 March 2017 2,814 - NZD0.03825 per unit on 70,942.294 units, on ex-date on 3 April 2017 2,714 - NZD0.03876 per unit on 52,920.346 units, on ex-date on 2 May 2017 2,245 - NZD0.03813 per unit on 25,261.200 units, on ex-date on 1 June 2017 963 Classic RMB (Hedged) Distribution I CNH - CNH0.08698 per unit on 8,236,594.180 units, on ex-date on 3 January 2017 716,419 - CNH0.08476 per unit on 7,986,441.054 units, on ex-date on 1 February 2017 676,931 - CNH0.06461 per unit on 7,381,214.799 units, on ex-date on 1 March 2017 476,900 - CNH0.05479 per unit on 7,360,731.899 units, on ex-date on 3 April 2017 403,294 - CNH0.04868 per unit on 7,201,245.986 units, on ex-date on 2 May 2017 350,557 - CNH0.06030 per unit on 7,418,452.765 units, on ex-date on 1 June 2017 447,333

- 23 -

AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2017 to 30 June 2017 Amundi HK - Global Ageing Planet Opportunities Fund Classic USD Distribution I US$ - US$0.01149 per unit on 1,369,987.673 units, on ex-date on 3 January 2017 15,741 - US$0.01160 per unit on 1,052,137.265 units, on ex-date on 1 February 2017 12,205 - US$0.01215 per unit on 1,128,324.663 units, on ex-date on 1 March 2017 13,709 - US$0.01225 per unit on 1,037,811.852 units, on ex-date on 3 April 2017 12,713 - US$0.01251 per unit on 974,117.732 units, on ex-date on 2 May 2017 12,186 - US$0.01283 per unit on 861,888.144 units, on ex-date on 1 June 2017 11,058 Classic HKD Distribution I HKD - HKD0.01148 per unit on 6,675,185.417 units, on ex-date on 3 January 2017 76,631 - HKD0.01159 per unit on 6,010,675.154 units, on ex-date on 1 February 2017 69,664 - HKD0.01214 per unit on 5,392,046.484 units, on ex-date on 1 March 2017 65,459 - HKD0.01225 per unit on 4,866,192.128 units, on ex-date on 3 April 2017 59,611 - HKD0.01253 per unit on 4,782,840.158 units, on ex-date on 2 May 2017 59,929 - HKD0.01287 per unit on 4,494,672.062 units, on ex-date on 1 June 2017 57,846 Classic RMB Distribution I CNH - CNH0.01370 per unit on 106,893.705 units, on ex-date on 3 January 2017 1,464 - CNH0.01359 per unit on 106,893.705 units, on ex-date on 1 February 2017 1,453 - CNH0.01431 per unit on 98,690.432 units, on ex-date on 1 March 2017 1,412 - CNH0.01442 per unit on 75,084.206 units, on ex-date on 3 April 2017 1,083 - CNH0.01479 per unit on 75,084.206 units, on ex-date on 2 May 2017 1,110 - CNH0.01517 per unit on 65,243.252 units, on ex-date on 1 June 2017 990 Classic AUD (Hedged) Distribution I AUD - AUD0.01842 per unit on 754,861.982 units, on ex-date on 3 January 2017 13,905 - AUD0.01908 per unit on 701,614.933 units, on ex-date on 1 February 2017 13,387 - AUD0.01827 per unit on 634,612.242 units, on ex-date on 1 March 2017 11,594 - AUD0.01686 per unit on 550,612.417 units, on ex-date on 3 April 2017 9,283 - AUD0.01827 per unit on 450,189.949 units, on ex-date on 2 May 2017 8,225 - AUD0.01774 per unit on 440,532.090 units, on ex-date on 1 June 2017 7,815 Classic CAD (Hedged) Distribution I CAD - CAD0.00746 per unit on 76.695 units, on ex-date on 3 January 2017 1 - CAD0.01009 per unit on 76.695 units, on ex-date on 1 February 2017 1 - CAD0.01207 per unit on 76.695 units, on ex-date on 1 March 2017 1 - CAD0.00871 per unit on 76.695 units, on ex-date on 3 April 2017 1 - CAD0.00954 per unit on 76.695 units, on ex-date on 2 May 2017 1 - CAD0.00960 per unit on 76.695 units, on ex-date on 1 June 2017 1

- 24 -

AMUNDI HK PORTFOLIOS DISTRIBUTION NOTES (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 For the period from 1 January 2017 to 30 June 2017 Amundi HK - Global Ageing Planet Opportunities Fund (Continued) Classic EUR (Hedged) Distribution I EUR - EUR0.00170 per unit on 49.732 units, on ex-date on 1 March 2017 - Classic GBP (Hedged) Distribution I GBP - GBP0.00548 per unit on 10,524.326 units, on ex-date on 1 February 2017 58 - GBP0.00744 per unit on 10,378.193 units, on ex-date on 1 March 2017 77 - GBP0.00433 per unit on 10,378.193 units, on ex-date on 3 April 2017 45 - GBP0.00472 per unit on 10,378.193 units, on ex-date on 2 May 2017 49 - GBP0.00426 per unit on 9,295.680 units, on ex-date on 1 June 2017 40 Classic NZD (Hedged) Distribution I NZD - NZD0.02098 per unit on 282,932.404 units, on ex-date on 3 January 2017 5,936 - NZD0.02065 per unit on 174,551.411 units, on ex-date on 1 February 2017 3,604 - NZD0.02074 per unit on 158,441.618 units, on ex-date on 1 March 2017 3,286 - NZD0.01953 per unit on 152,879.774 units, on ex-date on 3 April 2017 2,986 - NZD0.02052 per unit on 161,487.215 units, on ex-date on 2 May 2017 3,314 - NZD0.01948 per unit on 110,546.898 units, on ex-date on 1 June 2017 2,153 Classic RMB (Hedged) Distribution I CNH - CNH0.07998 per unit on 2,074,862.825 units, on ex-date on 3 January 2017 165,947 - CNH0.07394 per unit on 1,833,488.685 units, on ex-date on 1 February 2017 135,568 - CNH0.05099 per unit on 1,639,250.193 units, on ex-date on 1 March 2017 83,585 - CNH0.03957 per unit on 1,671,164.175 units, on ex-date on 3 April 2017 66,128 - CNH0.03373 per unit on 1,593,530.616 units, on ex-date on 2 May 2017 53,750 - CNH0.04633 per unit on 1,427,898.205 units, on ex-date on 1 June 2017 66,155 Classic RMB (Hedged) Distribution II CNH - CNH0.08067 per unit on 433,585.620 units, on ex-date on 3 January 2017 34,977 - CNH0.07457 per unit on 450,168.320 units, on ex-date on 1 February 2017 33,569 - CNH0.05146 per unit on 406,563.678 units, on ex-date on 1 March 2017 20,922 - CNH0.03993 per unit on 442,451.381 units, on ex-date on 3 April 2017 17,667 - CNH0.03400 per unit on 404,490.504 units, on ex-date on 2 May 2017 13,753 - CNH0.04678 per unit on 481,124.747 units, on ex-date on 1 June 2017 22,507

- 25 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - DEFENSIVE BALANCED FUND (UNAUDITED)

AS AT 30 JUNE 2018

Holdings Fair value % of net

assets US$ Listed/quoted investments Bonds (66.79%) AUSTRALIA (3.61%) APT PIPELINES LTD SER (REG S) 4.25%

15/07/2027 400,000 393,018 0.24

AUSNET SERVICES HOLDINGS PTY LTD (REG S) (REG) VAR 17/03/2076

600,000 624,000 0.37

COMMONWEALTH BANK AUST SER (REG S) (REG) 4.5% 09/12/2025

800,000 794,336 0.48

NATIONAL AUSTRALIA BANK SER (REGS)(REG) VAR 19/05/2028

1,750,000 1,311,878 0.78

NEWCASTLE COAL INFRASTRU SER REGS (REG) 4.4% 29/09/2027

2,100,000 1,960,875 1.17

TRANSURBAN QLD FINANCE SER EMTN (REG S) 4.5% 19/04/2028

1,000,000 956,340 0.57

───────── ─────────

6,040,447 3.61 --------------- --------------- CANADA (1.48%) MANULIFE FINANCIAL CORP (REG S) (REG) VAR

21/11/2029 3,500,000 2,474,026 1.48

───────── ─────────

2,474,026 1.48 --------------- --------------- CHINA (23.74%) AZURE NOVA INTERNATIONAL SER EMTN (REG

S) 3.5% 21/03/2022 1,000,000 983,725 0.59

AZURE ORBIT IV INTL FIN SER (EMTN) (REG) (REG S) 3.75% 25/01/2023

2,000,000 1,956,920 1.17

BANK OF CHINA/MACAU SER (EMTN) (REG) (REG S) 4.65% 05/03/2021

10,000,000 1,516,491 0.90

BANK OF COMMUNICATIONS (REG S) (REG) VAR 03/10/2026

1,800,000 2,192,925 1.31

CCCI TREASURE LTD (REG S ) (REG) VAR PERP 1,000,000 986,470 0.59 CDBL FUNDING 1 SER EMTN (REG) (REG S) 3%

24/04/2023 1,300,000 1,232,991 0.74

CDBL FUNDING TWO SER EMTN (REG S) (REG) 3% 01/08/2022

1,200,000 1,150,254 0.69

CGN NEW ENERGY HOLDINGS CO LTD (REG S) (REG) 4% 19/08/2018

800,000 804,344 0.48

CGNPC INTERNATIONAL LTD (REG S) (REG) 1.625% 11/12/2024

1,150,000 1,348,261 0.80


1,950,000 1,852,237 1.11

CHARMING LIGHT INVST LTD SER EMTN (REG) (REG S) 4.375% 21/12/2027

1,000,000 936,455 0.56

CHINA CONSTRUCTION BANK (REG S) (REG) VAR 13/05/2025

600,000 595,734 0.36

CHINA GRT WALL INTL III SER EMTN (REG S) (REG) 3.125% 31/08/2022

950,000 912,808 0.54

- 26 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - DEFENSIVE BALANCED FUND (UNAUDITED)

(CONTINUED) AS AT 30 JUNE 2018


assets US$ Listed/quoted investments (Continued) Bonds (66.79%) (Continued) CHINA (23.74%) (Continued) CHINA MINMETALS CORP (REG) (REG S) VAR PERP

29/12/2049 400,000 394,000 0.23

CHINA RAILWAY XUNJIE CO LTD (REG S) (REG) 3.25% 28/07/2026

400,000 372,826 0.22

CHINA RESOURCES GAS GROUP LTD (REG S) 4.5% 05/04/2022

715,000 729,238 0.44

CHINA STATE CON FIN II (REG S) 3.375% 29/11/2022 900,000 864,563 0.52 CNAC HK FINBRIDGE CO LTD (REG S) 4.875%

14/03/2025 1,400,000 1,400,847 0.84

CNAC HK FINBRIDGE CO LTD (REG) (REG S) 1.75% 14/06/2022

1,800,000 2,106,854 1.26

CNRC CAPITALE LTD REGS (REG) 3.9% 02/06/2022 2,200,000 2,084,500 1.24 ENN ENERGY HOLDINGS LTD (REG S) 3.25% 24/07/2022 1,200,000 1,159,410 0.69 HUARONG UNI INV HOLDING (REG S) (REG) 1.625%

05/12/2022 2,900,000 3,331,009 1.99

ICBCIL FINANCE CO LTD (REG) (REG S) SER EMTN 3.375% 05/04/2022

800,000 779,852 0.47

LONGFOR PROPERTIES (REG S) (REG) 4.5% 16/01/2028 300,000 273,750 0.16 MINMETALS BOUNTEOUS FINANCE BVI LTD (REG S)

(REG) 3.5% 30/07/2020 1,500,000 1,492,500 0.89

RAIL TRANSIT INTERNAT (REG)REG S 1.625% 22/06/2022

1,000,000 1,151,479 0.69

SHOUGANG GROUP 1.35% (REG S) 07/08/2020 900,000 1,057,305 0.63 SUNNY OPTICAL TECH (REG) (REG S) 3.75% 23/01/2023 200,000 194,729 0.11 TALENT YIELD EURO LTD (REG S) (REG) 1.435%

07/05/2020 800,000 949,676 0.57

THREE GORGES FNCE II (REG) (REG S) 1.3% 21/06/2024 1,000,000 1,182,279 0.71 TRICERATOPS CAPITAL (REG S) 0.817% 25/01/2021 1,350,000 1,578,651 0.94 VANKE REAL ESTATE HK SER (EMTN) (REG) (REG S)

3.975% 09/11/2027 1,200,000 1,129,116 0.67

VOYAGE BONDS LTD (REG S) (REG) 3.375% 28/09/2022 1,100,000 1,062,204 0.63 ───────── ─────────

39,764,403 23.74 --------------- --------------- FRANCE (4.17%) BNP PARIBAS (REG S) SER EMTN 3.65% 09/09/2024 500,000 374,745 0.23 FRANCE (GOVT OF) (REG S) 0.75% 25/05/2028 4,550,000 5,381,413 3.21 SCOR SE (REG S) VAR 27/05/2048 1,000,000 1,226,266 0.73 ───────── ─────────

6,982,424 4.17 --------------- ---------------

- 27 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - DEFENSIVE BALANCED FUND (UNAUDITED) (CONTINUED) AS AT 30 JUNE 2018


assets US$ Listed/quoted investments (Continued) Bonds (66.79%) (Continued) GERMANY (1.89%) BMW FINANCE NV SER EMTN (REG S) 4.25% 18/10/2020 8,000,000 1,207,737 0.72 BUNDESREPUB. DEUTSCHLAND (REG S) (BR) 0.5%

15/02/2028 150,000 178,393 0.11

BUNDESREPUB. DEUTSCHLAND (REG S) (BR) 1.25% 15/08/2048

500,000 618,556 0.37

DAIMLER INTL FINANCE BV (REG S) (REG) 4.8% 09/04/2021

4,000,000 611,591 0.36

LB BADEN-WUERTTEMBERG (BR) (REG S) SER EMTN VAR 18/05/2027

750,000 545,622 0.33

───────── ─────────

3,161,899 1.89 --------------- --------------- HONG KONG (6.86%) AIA GROUP LTD (REG S) 3.2% 11/03/2025 200,000 192,602 0.12 CHEUNG KONG INFRA FIN BV (REG S) (REG) 1%

12/12/2024 1,100,000 1,271,552 0.76

CHINA CINDA FINANCE 2017 SER (EMTN) (REG S) (REG) 4.75% 08/02/2028

800,000 787,672 0.47

CHINA CINDA FINANCE 2017 SER EMTN (REG) (REG S) 4.375% 08/02/2025

250,000 246,499 0.15

CHINA LIFE INSU OVERS/HK (REG S) (REG) VAR 27/07/2027

300,000 286,398 0.17

CK HUTCHISON EUR FIN 18 (REG S) (BR) 1.25% 13/04/2025

1,100,000 1,279,515 0.76

DAH SING BANK LTD SER EMTN (REG) (REG S) VAR 30/11/2026

1,400,000 1,388,996 0.83

FUBON BANK (HONG KONG) LTD (BR) 6.125% 30/11/2020

1,100,000 1,149,423 0.69

RADIANT ACCESS LTD (REG S)(REG) 4.6% 18/11/2065 1,500,000 1,260,000 0.75 SHANGHAI COMMERCIAL BANK (REG S) (BR) VAR

29/11/2027 400,000 384,344 0.23

SWIRE PROPERT MTN FIN SER EMTN (REG) (REG S) 3.5% 10/01/2028

800,000 767,000 0.46

WHARF REIC FINANCE BVI SER EMTN (REG) (REG S) 3.5% 17/01/2028

1,650,000 1,563,507 0.93

WING LUNG BANK LTD SER (EMTN) (REG S) VAR 22/11/2027

950,000 908,233 0.54

───────── ─────────

11,485,741 6.86 --------------- --------------- INDIA (3.26%) INDIAN RAILWAY FINANCE (REG S) (REG) 3.835%

13/12/2027 1,000,000 931,330 0.56

ONGC VIDESH LTD (REG S) 2.75% 15/07/2021 1,000,000 1,231,193 0.73 ONGC VIDESH LTD SER REGS 4.625% 15/07/2024 500,000 501,317 0.30

- 28 -



assets US$ Listed/quoted investments (Continued) Bonds (66.79%) (Continued) INDIA (3.26%) (Continued) RELIANCE INDUSTRIES LTD (REG S)4.125% 28/01/2025

(REG) 1,300,000 1,267,949 0.76

RELIANCE INDUSTRIES LTD SER REGS (REG) 3.667% 30/11/2027

1,650,000 1,530,697 0.91

───────── ─────────

5,462,486 3.26 --------------- --------------- INDONESIA (0.42%) FEDERAL INTERNATIONAL FI SER EMTN (REG) (REG S)

4.125% 10/05/2021 700,000 698,117 0.42

───────── ─────────

698,117 0.42 --------------- --------------- JAPAN (8.84%) DAI-ICHI LIFE INSURANCE SER REGS (REG) VAR

29/12/2049 PERP 2,000,000 1,886,000 1.12

JAPAN (GOVT OF) (10 YR ISSUE) SER 350 0.1% 20/03/2028

1,300,000,000 11,829,630 7.06

MARUBENI CORP (REG S) 3.75% 17/04/2023 800,000 797,048 0.48 NIPPON LIFE INSURANCE SER REGS (REG S)

20/01/2046 300,000 295,374 0.18

───────── ─────────

14,808,052 8.84 --------------- --------------- MALAYSIA (1.03%) GOHL CAPITAL LTD (REG S) 4.25% 24/01/2027 1,300,000 1,232,484 0.74 MALAYAN BANKING BHD (REG S) VAR 29/10/2026 500,000 493,285 0.29 ───────── ─────────

1,725,769 1.03 --------------- --------------- NETHERLANDS (1.59%) ABN AMRO BANK NV SER EMTN (REG S)_VAR

01/04/2026 500,000 379,410 0.23

ING GROEP NV (REG S) SER EMTN VAR 22/03/2028 2,300,000 2,286,326 1.36 ───────── ─────────

2,665,736 1.59 --------------- --------------- PHILIPPINES (0.98%) RIZAL COMMERCIAL BANKING SER EMTN (REG)

(REG S) 4.125% 16/03/2023 800,000 789,192 0.47

UNION BK OF PHILIPPINES SER EMTN (REG) (REG S) 3.369% 29/11/2022

900,000 855,751 0.51

───────── ─────────

1,644,943 0.98 --------------- ---------------

- 29 -



assets US$ Listed/quoted investments (Continued) Bonds (66.79%) (Continued) QATAR (0.72%) QNB FINANCE LTD SER EMTN (REG S) 5.1% 08/03/2021 8,000,000 1,213,157 0.72 ───────── ─────────

1,213,157 0.72 --------------- --------------- SINGAPORE (3.30%) DBS GROUP HOLDINGS LTD SER GMTN (REG S) VAR

PERP 2,400,000 2,310,000 1.38

PSA TREASURY PTE LTD SER GMTN (BR) 2.5% 12/04/2026

900,000 820,377 0.49

SP POWERASSETS LTD (REG S) 3.25% 24/11/2025 500,000 487,165 0.29 SP POWERASSETS LTD SER REGS (REG) 3% 26/09/2027 800,000 754,000 0.45 UNITED OVERSEAS BANK LTD SER EMTN (REG S)

(REG) VAR PERP 1,250,000 1,162,375 0.69

───────── ─────────

5,533,917 3.30 --------------- --------------- SOUTH KOREA (1.47%) HYUNDAI CAPITAL SERVICES SER REGS 3.75%

05/03/2023 400,000 392,346 0.23

KOOKMIN BANK (REG S) 2.25% 03/02/2021 400,000 386,530 0.23 KOREA NATIONAL OIL CORP SER REGS (REG) 2.875%

27/03/2022 350,000 339,778 0.20

KOREA RESOURCES CORP (REG S) 4% 18/04/2023 950,000 951,016 0.57 SK TELECOM CO LTD SER REGS (REG) 3.75% 16/04/2023 400,000 397,882 0.24 ───────── ─────────

2,467,552 1.47 --------------- --------------- UNITED KINGDOM (0.31%) BARCLAYS PLC SER EMTN (REG S) (REG) VAR

23/05/2030 750,000 515,682 0.31

───────── ─────────

515,682 0.31 --------------- --------------- UNITED STATES (3.12%) HYUNDAI CAPITAL AMERICA (REG S) SER REGS 3.45%

12/03/2021 300,000 298,506 0.18

US TREASURY N/B 2.5% 31/05/2020 1,600,000 1,599,148 0.95 US TREASURY N/B 2.625% 15/06/2021 1,500,000 1,500,159 0.90 US TREASURY N/B 2.625% 30/06/2023 700,000 696,719 0.42 US TREASURY N/B 3.125% 15/05/2048 1,100,000 1,129,838 0.67 ───────── ─────────

5,224,370 3.12 ───────── ─────────

111,868,721 66.79 -------------- --------------

- 30 -



assets US$ Listed/quoted investments (Continued) Equities (30.79%) AUSTRALIA (1.63%) ARISTOCRAT LEISURE LTD 10,869 248,144 0.15 AUSTRALIA AND NZ BANKING GROUP LTD 18,742 391,054 0.23 BHP BILLITON LTD 8,309 208,177 0.12 CALTEX AUSTRALIA LTD 7,739 186,062 0.11 DEXUS PROPERTY GROUP 38,434 275,734 0.16 INSURANCE AUSTRALIA GROUP LTD 36,038 227,126 0.14 MACQUARIE GROUP LTD 3,241 296,094 0.18 RIO TINTO LTD 3,850 237,351 0.14 RIO TINTO PLC 3,588 199,004 0.12 WESFARMERS LTD 5,880 214,441 0.13 WOOLWORTHS GROUP LTD 11,044 249,039 0.15 ───────── ─────────

2,732,226 1.63 --------------- --------------- BELGIUM (0.34%) ANHEUSER BUSCH INBEV 4,061 410,133 0.24 KBC GROEP 2,142 165,359 0.10 ───────── ─────────

575,492 0.34 --------------- --------------- CHINA (8.14%) AAC TECHNOLOGIES HOLDINGS INC 19,500 274,650 0.16 AGRICULTURAL BANK OF CHINA LTD 736,000 344,291 0.21 ALIBABA GROUP HOLDING LTD 9,883 1,833,593 1.09 ANHUI CONCH CEMENT CO LTD 79,500 455,997 0.27 AUTOHOME INC 1,700 171,700 0.10 BAIC MOTOR CORP LTD 182,500 174,464 0.10 BAIDU INC 1,700 413,100 0.25 BEIJING ENTERPRISES HLDGS LTD 26,000 126,596 0.08 CHINA CONSTRUCTION BANK CORP 767,000 708,787 0.42 CHINA EVERBRIGHT LTD 108,000 198,230 0.12 CHINA LIFE INSURANCE CO LTD 117,000 301,990 0.18 CHINA MEDICAL SYSTEM HOLDINGS LTD 99,000 197,862 0.12 CHINA MENGNIU DAIRY CO LTD 57,000 193,259 0.12 CHINA MOBILE LTD 98,500 875,087 0.52 CHINA PACIFIC INSURANCE (GR) CO LTD 95,000 367,506 0.22 CHINA PETROLEUM & CHEMICAL CORP 442,000 394,932 0.24 CHINA RESOURCES LAND LTD 114,000 384,337 0.23 CSPC PHARMACEUTICAL GROUP LTD 122,000 368,545 0.22 ENN ENERGY HOLDINGS LTD 34,000 334,347 0.20 GEELY AUTOMOBILE HOLDINGS LTD 96,000 249,011 0.15 INDUSTRIAL AND COMMERCIAL BANK OF CHINA 793,000 593,326 0.35 NETEASE INC 1,800 454,806 0.27 PETROCHINA CO LTD 428,000 325,687 0.19 PING AN INSURANCE (GROUP) CO OF CHINA LTD 49,500 455,538 0.27

- 31 -



assets US$ Listed/quoted investments (Continued) Equities (30.79%) (Continued) CHINA (8.14%) (Continued) SHANGHAI INDUSTRIAL HLDGS LTD 107,000 249,311 0.15 SOUND GLOBAL LTD 159,000 42,154 0.03 TENCENT HOLDINGS LTD 45,100 2,263,781 1.35 TINGYI (CAYMAN ISLANDS) HOLDINGS CORP 164,000 380,450 0.23 WEICHAI POWER CO LTD 145,000 199,976 0.12 YY INC 3,000 301,410 0.18 ───────── ─────────

13,634,723 8.14 --------------- --------------- DENMARK (0.09%) NOVO NORDISK A/S 3,347 155,248 0.09 ───────── ─────────

155,248 0.09 --------------- --------------- FRANCE (1.31%) AXA 7,254 177,985 0.10 BNP PARIBAS 4,879 302,996 0.18 CAPGEMINI SA 825 110,964 0.07 CREDIT AGRICOLE 11,983 159,984 0.10 HERMES INTERNATIONAL 108 66,049 0.04 ILIAD 1,070 169,090 0.10 NATIXIS 14,158 100,470 0.06 PERNOD RICARD 418 68,276 0.04 RENAULT SA 1,010 85,883 0.05 SAFRAN 1,177 142,986 0.08 SANOFI 1,132 90,732 0.05 SOCIETE GENERALE 3,853 162,466 0.10 THALES 602 77,561 0.05 TOTAL SA 4,640 282,844 0.17 VALEO 1,433 78,335 0.05 VINCI 1,236 118,853 0.07 ───────── ─────────

2,195,474 1.31 --------------- --------------- GERMANY (0.56%) ALLIANZ (XETRA) 1,108 229,001 0.14 BASF SE 1,423 136,087 0.08 BAYER 872 96,058 0.06 DAIMLER-REG 1,594 102,601 0.06 DEUTSCHE POST (REG) 2,863 93,495 0.05 SAP SE 567 65,525 0.04 SIEMENS 1,054 139,328 0.08 THYSSENKRUPP AG 3,310 80,461 0.05 ───────── ─────────

942,556 0.56 --------------- ---------------

- 32 -



assets US$ Listed/quoted investments (Continued) Equities (30.79%) (Continued) HONG KONG (2.38%) AIA GROUP LTD 100,600 879,639 0.52 ASM PACIFIC TECHNOLOGY 16,000 202,308 0.12 CK HUTCHISON HOLDINGS LTD 35,000 371,171 0.22 CLP HOLDINGS LTD 29,500 317,732 0.19 GALAXY ENTERTAINMENT GROUP LTD 32,000 247,787 0.15 HANG SENG BANK LTD 19,800 495,161 0.30 HONG KONG EXCHANGES AND CLEARING LTD 6,742 202,807 0.12 HONGKONG LAND HOLDINGS LTD 74,300 531,245 0.32 SUN HUNG KAI PROPERTIES LTD 33,029 498,459 0.30 TECHTRONIC INDUSTRIES CO LTD 42,500 237,000 0.14 ───────── ─────────

3,983,309 2.38 --------------- --------------- ITALY (0.11%) ATLANTIA 3,023 89,367 0.05 TELECOM ITALIA 92,907 69,141 0.04 TERNA SPA 5,597 30,269 0.02 ───────── ─────────

188,777 0.11 --------------- --------------- JAPAN (3.91%) AIR WATER INC 17,900 328,701 0.20 BRIDGESTONE CORP 7,500 293,391 0.18 CENTRAL JAPAN RAILWAY CO 1,700 352,386 0.21 HAMAMATSU PHOTONICS K.K. 8,600 369,575 0.22 HITACHI METALS LTD 23,400 242,947 0.14 INPEX CORPORATION 26,200 271,899 0.16 JAPAN TOBACCO INC 11,400 318,539 0.19 MAZDA MOTOR CORP 21,300 261,527 0.16 MITSUBISHI ELECTRIC CORP 21,300 283,545 0.17 MITSUBISHI HEAVY INDUSTRIES LTD 8,300 302,057 0.18 MITSUBISHI UFJ FINANCIAL GROUP 29,100 165,802 0.10 MIZUHO FINANCIAL GROUP INC 107,100 180,329 0.11 NITTO DENKO CORP 4,000 302,731 0.18 NOK CORP 14,600 282,602 0.17 OMRON CORPORATION 6,400 298,723 0.18 SEKISUI CHEMICAL CO LTD 16,000 272,722 0.16 SMC CORP JAPAN 900 330,131 0.20 SUBARU CORPORATION 9,100 264,953 0.16 SUMITOMO MITSUI FINANCIAL GROUP INC 4,700 182,713 0.11 SUMITOMO RUBBER INDUSTRIES 17,800 282,833 0.17 TOKIO MARINE HLDG INC 5,900 276,610 0.16 TOYODA GOSEI CO LTD 13,800 349,968 0.21 TREND MICRO INC 5,500 313,818 0.19 ───────── ─────────

6,528,502 3.91 --------------- ---------------

- 33 -



assets US$ Listed/quoted investments (Continued) Equities (30.79%) (Continued) MACAO (0.17%) SANDS CHINA LTD 52,800 282,324 0.17 ───────── ─────────

282,324 0.17 --------------- --------------- NETHERLANDS (0.66%) ABN AMRO GROUP NV 6,561 170,212 0.10 AKZO NOBEL NV 1,197 102,469 0.06 ASML HDG 437 86,584 0.05 ING GROEP NV 20,095 289,239 0.17 RANDSTAD HOLDING NV 1,669 98,250 0.06 ROYAL DUTCH SHELL PLC 8,870 307,872 0.19 WOLTERS KLUWER 911 51,331 0.03 ───────── ─────────

1,105,957 0.66 --------------- --------------- SINGAPORE (0.18%) DBS GROUP HLDGS LTD 10,300 201,014 0.12 SINGAPORE TELECOMMUNICATIONS LTD 46,000 103,909 0.06 ───────── ─────────

304,923 0.18 --------------- --------------- SOUTH KOREA (0.96%) HANA FINANCIAL GROUP INC 9,173 352,681 0.21 LG CHEMICAL LTD 606 181,338 0.11 SAMSUNG ELECTRONICS CO LTD 19,566 818,981 0.49 SK HYNIX INC 3,306 254,216 0.15 ───────── ─────────

1,607,216 0.96 --------------- --------------- SPAIN (0.34%) BANCO BILBAO VIZCAYA ARGENTARIA 24,368 172,811 0.10 BANCO SANTANDER 17,974 96,366 0.06 REPSOL SA 14,959 292,807 0.18 ───────── ─────────

561,984 0.34 --------------- --------------- SWEDEN (0.05%) ERICSSON LM 11,692 90,520 0.05 ───────── ─────────

90,520 0.05 --------------- ---------------

- 34 -



assets US$ Listed/quoted investments (Continued) Equities (30.79%) (Continued) SWITZERLAND (0.95%) CREDIT SUISSE GROUP 10,783 162,350 0.10 NESTLE SA 6,831 529,034 0.32 NOVARTIS 4,068 308,413 0.18 ROCHE HOLDINGS-GENUSSCHEIN 1,313 291,638 0.17 UBS GROUP 8,265 127,560 0.08 ZURICH INSURANCE GROUP 594 175,936 0.10 ───────── ─────────

1,594,931 0.95 --------------- --------------- TAIWAN (0.82%) CATHAY FINANCIAL HOLDING CO LTD 148,000 261,161 0.16 FORMOSA PLASTICS CORP 84,000 309,953 0.18 PHISON ELECTRONICS CORP 21,000 165,997 0.10 TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 50,000 355,052 0.21 UNI-PRESIDENT ENTERPRISES CORP 110,000 279,253 0.17 ───────── ─────────

1,371,416 0.82 --------------- --------------- THAILAND (0.10%) SIAM COMMERCIAL BANK PCL 46,200 165,249 0.10 ───────── ─────────

165,249 0.10 --------------- --------------- UNITED KINGDOM (2.02%) ASTRAZENECA PLC 2,389 165,684 0.10 BP PLC 26,771 204,397 0.12 CENTRICA PLC 42,352 88,150 0.05 GLAXOSMITHKLINE PLC 8,453 170,727 0.10 HSBC HLDGS PLC (HKSE) 190,461 1,786,759 1.07 HSBC HLDGS PLC (LONDON) 35,759 335,527 0.20 LLOYDS BANKING GROUP 169,767 141,317 0.08 NATIONAL GRID PLC 9,067 100,362 0.06 UNILEVER CVA 3,111 173,567 0.10 UNILEVER PLC 2,576 142,568 0.09 WPP PLC 4,816 75,854 0.05 ───────── ─────────

3,384,912 2.02 --------------- ---------------

- 35 -



assets US$ Listed/quoted investments (Continued) Equities (30.79%) (Continued) UNITED STATES (6.07%) AGCO CORP 1,400 85,008 0.05 AMPHENOL CORP 2,100 183,015 0.11 APPLE INC 2,800 518,308 0.31 ARROW ELECTRONICS INC 2,500 188,200 0.11 BANK OF AMERICA CORP 11,300 318,547 0.19 BB&T CORP 4,800 242,112 0.14 BIOGEN INC 1,100 319,264 0.19 BUNGE LIMITED 2,500 174,275 0.10 CARDINAL HEALTH INC 4,300 209,969 0.13 CIGNA CORP 1,100 186,945 0.11 CITIGROUP INC 3,800 254,296 0.15 CONOCOPHILLIPS 2,600 181,012 0.11 DEVON ENERGY CORP 5,900 259,364 0.16 DISCOVERY INC 4,900 134,750 0.08 ENTERGY CORP 1,300 105,027 0.06 ESTEE LAUDER COMPANIES INC 2,400 342,456 0.20 EVERGY INC 1,700 95,455 0.06 EXELON CORP 1,700 72,420 0.04 EXPRESS SCRIPTS HOLDINGS CO 2,700 208,467 0.12 FLUOR CORP 3,200 156,096 0.09 GOODYEAR TIRE & RUBBER CO 3,400 79,186 0.05 HOLLYFRONTIER CORP 2,600 177,918 0.11 HP INC 5,200 117,988 0.07 INTEL CORP 3,500 173,985 0.10 INTL FLAVORS & FRAGRANCES INC 1,300 161,148 0.10 ISHARES CORE S&P 500 ETF 5,178 1,413,853 0.85 ISHARES EUROPE ETF 14,297 639,219 0.38 JOHNSON & JOHNSON 2,100 254,814 0.15 JP MORGAN CHASE & CO 3,300 343,860 0.21 JUNIPER NETWORKS INC 3,800 104,196 0.06 KOHLS CORP 1,400 102,060 0.06 LEAR CORPORATION 800 148,648 0.09 MOSAIC CO 7,500 210,375 0.13 NOBLE ENERGY INC 3,000 105,840 0.06 RALPH LAUREN CORP 2,200 276,584 0.16 RANGE RESOURCES CORPORATION 13,200 220,836 0.13 SPRINT CORPORATION 35,700 194,208 0.12 TARGET CORP 1,400 106,568 0.06 TJX CO INC 1,000 95,180 0.06 T-MOBILE US INC 3,100 185,225 0.11 UGI CORP 2,100 109,347 0.07 UNITED RENTALS INC 1,000 147,620 0.09 UNITED TECHNOLOGIES CORP 1,500 187,545 0.11 WELLS FARGO & CO 5,400 299,376 0.18

- 36 -



assets US$ Listed/quoted investments (Continued) Equities (30.79%) (Continued) UNITED STATES (6.07%) (Continued) XILINX INC 1,200 78,312 0.05 ───────── ─────────

10,168,877 6.07 ───────── ─────────

51,574,616 30.79 --------------- --------------- Total listed/quoted investments 163,443,337 97.58 Derivative financial instruments Forward foreign exchange contracts (41,355) (0.02) Other net assets 4,089,383 2.44 ───────── ─────────

Net assets attributable to unitholders as at

30 June 2018 167,491,365 100.00 ═════════ ═════════

Total investments at cost 165,050,103 ═════════

- 37 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - BALANCED FUND (UNAUDITED)

AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$

Listed/quoted investments

Bonds (25.16%)

AUSTRALIA (0.90%) APT PIPELINES LTD SER (REG S) 4.25% 15/07/2027 200,000 196,509 0.04

AUSNET SERVICES HOLDINGS PTY LTD (REG S) (REG) VAR 17/03/2076

400,000 416,000 0.08

AUST & NZ BANKING GROUP SER REGS 4.4% 19/05/2026

300,000 294,636 0.06

COMMONWEALTH BANK AUST SER (REG S) (REG) 4.5% 09/12/2025

500,000 496,460 0.09

NATIONAL AUSTRALIA BANK SER (GMTN) (REGS)(REG) VAR 19/05/2028

750,000 562,233 0.10

NEWCASTLE COAL INFRASTRU SER REGS (REG) 4.4% 29/09/2027

2,000,000 1,867,500 0.35

TRANSURBAN QLD FINANCE SER EMTN (REG S) 4.5% 19/04/2028

1,000,000 956,340 0.18

────────── ─────

4,789,678 0.90

---------------- --------

CANADA (0.20%) MANULIFE FINANCIAL CORP (REG S) (REG) VAR

21/11/2029 1,500,000 1,060,297 0.20

────────── ─────

1,060,297 0.20

---------------- -------- CHINA (9.40%) AZURE NOVA INTERNATIONAL SER EMTN (REGS)

3.5% 21/03/2022 600,000 590,235 0.11

AZURE ORBIT IV INTL FIN SER (EMTN) (REG) (REG S) 3.75% 25/01/2023

3,500,000 3,424,610 0.64

BAIDU INC (REG) 3.875% 29/09/2023 1,100,000 1,094,651 0.21 BANK OF CHINA/MACAU SER (EMTN) (REG)

(REGS) 4.65% 05/03/2021 10,000,000 1,516,491 0.28

BANK OF COMMUNICATIONS (REG S) (REG) VAR 03/10/2026

1,406,000 1,712,918 0.32

CCCI TREASURE LTD (REG S ) (REG) VAR PERP 200,000 197,294 0.04 CDBL FUNDING 1 SER EMTN (REG) (REG S) 3%

24/04/2023 5,400,000 5,121,657 0.96

CDBL FUNDING TWO SER EMTN (REG S) (REG) 3% 01/08/2022

500,000 479,272 0.09

CGN NEW ENERGY HOLDINGS CO LTD (REG S) (REG) 4% 19/08/2018

300,000 301,629 0.06


700,000 820,681 0.15


1,000,000 949,865 0.18

CHARMING LIGHT INVST LTD SER EMTN (REG) (REG S) 4.375% 21/12/2027

2,750,000 2,575,251 0.48

CHINA CONSTRUCTION BANK (REG S) (REG) VAR 13/05/2025

1,000,000 992,890 0.19

CHINA GRT WALL INTL III SER EMTN (REGS)(REG) 3.125% 31/08/2022

450,000 432,382 0.08

- 38 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - BALANCED FUND (UNAUDITED) (CONTINUED) AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$

Listed/quoted investments (Continued)

Bonds (25.16%) (Continued)

CHINA (9.40%) (Continued) CHINA MINMETALS CORP (REG) (REG S) VAR PERP

29/12/2049 3,950,000 3,890,750 0.73

CHINA RAILWAY XUNJIE CO LTD (REG S) (REG) 3.25% 28/07/2026

500,000 466,032 0.09

CHINA RESOURCES GAS GROUP LTD (REG S) 4.5% 05/04/2022

500,000 509,957 0.10

CHINA STATE CON FIN II (REG S) 3.375% 29/11/2022 1,200,000 1,152,750 0.22 CNAC HK FINBRIDGE CO LTD (REG S) 4.875%

14/03/2025 2,800,000 2,801,694 0.53

CNAC HK FINBRIDGE CO LTD (REG) (REG S) 1.75% 14/06/2022

3,500,000 4,096,661 0.77

CNRC CAPITALE LTD REGS (REG) 3.9% 02/06/2022 3,100,000 2,937,250 0.55 ENN ENERGY HOLDINGS LTD (REG S) 3.25%

24/07/2022 550,000 531,396 0.10

HUARONG UNI INV HOLDING (REG S) (REG) 1.625% 05/12/2022

3,200,000 3,675,597 0.69

ICBCIL FINANCE CO LTD (REG) (REG S) SER EMTN 3.375% 05/04/2022

600,000 584,889 0.11

LONGFOR PROPERTIES (REG S) (REG) 4.5% 16/01/2028

600,000 547,500 0.10

POLY REAL ESTATE FINANCE (REG S) 3.95% 05/02/2023

2,150,000 2,123,781 0.40

RAIL TRANSIT INTERNAT (REG)REG S 1.625% 22/06/2022

1,200,000 1,381,774 0.26

SHOUGANG GROUP 1.35% (REG S) 07/08/2020 300,000 352,435 0.07 SINOPEC GROUP OVERSEA 2014 SER REGS 4.375%

10/04/2024 300,000 306,327 0.06

SUNNY OPTICAL TECH (REG) (REG S) 3.75% 23/01/2023

400,000 389,458 0.07

THREE GORGES FNCE II (REG) (REG S) 1.3% 21/06/2024

350,000 413,798 0.08

TRICERATOPS CAPITAL (REG S) 0.817% 25/01/2021 2,350,000 2,748,023 0.52 VANKE REAL ESTATE HK SER (EMTN) (REG) (REG S)

3.975% 09/11/2027 500,000 470,465 0.09

VOYAGE BONDS LTD (REG S) (REG) 3.375% 28/09/2022

400,000 386,256 0.07

────────── ───── 49,976,619 9.40 ---------------- -------- FRANCE (0.35%)

FRANCE (GOVT OF) (REG S) 0.75% 25/05/2028 130,000 153,755 0.03

BPCE SER EMTN (BR) VAR 03/06/2026 1,000,000 742,919 0.14

SCOR SE (REG S) VAR 27/05/2048 800,000 981,013 0.18 ────────── ───── 1,877,687 0.35 ---------------- --------

- 39 -


Holdings Fair value

% of net assets

US$



GERMANY (0.30%) BMW FINANCE NV SER EMTN (REG S) 4.25%

18/10/2020 3,000,000 452,901 0.09

DAIMLER INTL FINANCE BV (REG S) (REG) 4.8% 09/04/2021

4,000,000 611,591 0.11

LB BADEN-WUERTTEMBERG (BR) (REG S) SER EMTN VAR 18/05/2027

750,000 545,622 0.10

────────── ───── 1,610,114 0.30

---------------- --------

HONG KONG (3.47%) AIA GROUP LTD (REG S) 3.2% 11/03/2025 300,000 288,903 0.05

CHEUNG KONG INFRA FIN BV (REG S) (REG) 1% 12/12/2024

700,000 809,169 0.15

CHINA CINDA FINANCE 2017 SER (EMTN) (REG S) (REG) 4.75% 08/02/2028

3,500,000 3,446,065 0.65

CHINA CINDA FINANCE 2017 SER EMTN (REG) (REG S) 4.375% 08/02/2025

2,500,000 2,464,987 0.46

CHINA LIFE INSU OVERS/HK (REG S) (REG) VAR 27/07/2027

200,000 190,932 0.04

CK HUTCHISON EUR FIN 18 (REG S) (BR) 1.25% 13/04/2025

1,400,000 1,628,473 0.31

CK HUTCHISON FINANCE 16 (BR) (REGS) 0.875% 03/10/2024

200,000 231,515 0.04

CK HUTCHISON INTL 17 LTD SER REGS (REG) REGS 3.25% 29/09/2027

600,000 562,269 0.11

DAH SING BANK LTD SER EMTN (REG) (REG S) VAR 30/11/2026

2,600,000 2,579,564 0.48

FUBON BANK (HONG KONG) LTD (BR) 6.125% 30/11/2020

570,000 595,610 0.11

HKCG FINANCE LTD (REG S) 6.25% 07/08/2018 500,000 501,570 0.09 HONGKONG ELECTRIC FIN SER EMTN (REG S)

(REG) 2.875% 03/05/2026 300,000 280,365 0.05

RADIANT ACCESS LTD (REG S)(REG) 4.6% 18/11/2065

800,000 672,000 0.13

SHANGHAI COMMERCIAL BANK (REG S) (BR) VAR 29/11/2027

250,000 240,215 0.05

SWIRE PROPERT MTN FIN SER EMTN (REG) (REG S) 3.5% 10/01/2028

2,000,000 1,917,500 0.36

WHARF REIC FINANCE BVI SER EMTN (REG) (REG S) 3.5% 17/01/2028

1,750,000 1,658,265 0.31

WING LUNG BANK LTD SER (EMTN) (REG S) VAR 22/11/2027

450,000 430,216 0.08

────────── ─────

18,497,618 3.47

---------------- --------

- 40 -



assets

US$



INDIA (0.52%) INDIAN RAILWAY FINANCE (REG S) (REG) 3.835%

13/12/2027 400,000 372,532 0.07

OIL INDIA INTERNATIONAL (REG S) (REG) 4% 21/04/2027

400,000 362,908 0.07

ONGC VIDESH LTD (REG S) 2.75% 15/07/2021 600,000 738,716 0.14 ONGC VIDESH LTD SER REGS 4.625% 15/07/2024 200,000 200,527 0.04 RELIANCE INDUSTRIES LTD (REG S) 4.125%

28/01/2025 (REG) 400,000 390,138 0.07

RELIANCE INDUSTRIES LTD SER REGS (REG) 3.667% 30/11/2027

750,000 695,771 0.13

────────── ───── 2,760,592 0.52 ---------------- -------- INDONESIA (0.13%)

FEDERAL INTERNATIONAL FI SER EMTN (REG) (REG S) 4.125% 10/05/2021

700,000 698,117 0.13

────────── ───── 698,117 0.13

---------------- -------- JAPAN (2.53%) JAPAN (20 YEAR ISSUE) SER 164 20/03/2038 1,180,000,000 10,688,820 2.00 MARUBENI CORP (REG S) 3.75% 17/04/2023 2,500,000 2,490,775 0.47 NIPPON LIFE INSURANCE SER REGS (REG S)

20/01/2046 300,000 295,374 0.06

────────── ───── 13,474,969 2.53 ---------------- --------

MALAYSIA (0.27%) GOHL CAPITAL LTD (REG S) 4.25% 24/01/2027 800,000 758,452 0.14

MALAYAN BANKING BHD (REG S) VAR 29/10/2026 500,000 493,285 0.09 RHB BANK EMTN (REG) (REG S) 2.503%

06/10/2021 200,000 192,090 0.04 ────────── ───── 1,443,827 0.27

---------------- -------- NETHERLANDS (0.52%) ABN AMRO BANK NV SER EMTN (REG S)_VAR

01/04/2026 250,000 189,705 0.04

ING GROEP NV (REG S) SER EMTN VAR 22/03/2028

2,600,000 2,584,543 0.48

────────── ───── 2,774,248 0.52 ---------------- --------

- 41 -



assets

US$



PHILIPPINES (0.57%) BDO UNIBANK INC SER MTN (REG S) 2.95%

06/03/2023 300,000 283,071 0.05

PHILIPPINE NATIONAL BANK SER EMTN (REG) (REG S) 4.25% 27/04/2023

600,000 590,877 0.11

RIZAL COMMERCIAL BANKING SER EMTN (REG) (REG S) 4.125% 16/03/2023

1,800,000 1,775,682 0.34

UNION BK OF PHILIPPINES SER EMTN (REG) (REG S) 3.369% 29/11/2022

400,000 380,334 0.07

────────── ───── 3,029,964 0.57 ---------------- -------- QATAR (0.31%) QNB FINANCE LTD SER EMTN (REG S) 5.1%

08/03/2021 11,000,000 1,668,090 0.31

────────── ───── 1,668,090 0.31 ---------------- -------- SINGAPORE (1.20%) DBS GROUP HOLDINGS LTD SER GMTN (REG S)

VAR PERP 2,000,000 1,925,000 0.36

PSA TREASURY PTE LTD SER GMTN (BR) 2.5% 12/04/2026

1,400,000 1,276,142 0.24

SINGTEL GROUP TREASURY (REG) 4.5% 08/09/2021

600,000 620,181 0.12

SP POWERASSETS LTD (REG S) 3.25% 24/11/2025 1,300,000 1,266,629 0.24 SP POWERASSETS LTD SER REGS (REG) 3%

26/09/2027 450,000 424,125 0.08

UNITED OVERSEAS BANK LTD SER EMTN (REG S) (REG) VAR 16/09/2026

400,000 392,798 0.07

UNITED OVERSEAS BANK LTD SER EMTN (REG S) (REG) VAR PERP

500,000 464,950 0.09

────────── ───── 6,369,825 1.20 ---------------- --------

SOUTH KOREA (1.19%) HYUNDAI CAPITAL SERVICES SER REGS 3.75%

05/03/2023 3,400,000 3,334,941 0.63

KIA MOTORS CORP SER REGS 3% 25/04/2023 700,000 668,010 0.12 KOOKMIN BANK (REG S) 2.25% 03/02/2021 400,000 386,530 0.07 KOREA RESOURCES CORP (REG S) 4% 18/04/2023 1,150,000 1,151,230 0.22 KT CORP (REG S)(REG) 2.5% 18/07/2026 300,000 270,411 0.05 SK TELECOM CO LTD SER REGS (REG) 3.75%

16/04/2023 550,000 547,088 0.10

────────── ─────

6,358,210 1.19

---------------- --------

- 42 -



assets

US$



THAILAND (0.29%) GC TREASURY CENTRE CO SER REGS (REG S) 600,000 598,488 0.11

SIAM COMMERCIAL BANK CAY SER EMTN (REG) (REG S) 2.75% 16/05/2023

500,000 474,832 0.09

THAI OIL PCL (REG S) 3.625% 23/01/2023 458,000 452,847 0.09 ────────── ───── 1,526,167 0.29

---------------- -------- UNITED KINGDOM (0.03%) BARCLAYS PLC SER EMTN (REG S) (REG) VAR

23/05/2030 250,000 171,894 0.03

────────── ───── 171,894 0.03 ---------------- -------- UNITED STATES (2.98%) HYUNDAI CAPITAL AMERICA (REG S) SER REGS

3.45% 12/03/2021 1,400,000 1,393,028 0.26

US TREASURY N/B 2.625% 30/06/2023 1,000,000 995,312 0.19 US TREASURY BOND 2.25% 15/08/2046 1,100,000 946,065 0.18 US TREASURY N/B 2.5% 30/06/2020 1,300,000 1,299,441 0.24 US TREASURY N/B 2.75% 31/05/2023 5,200,000 5,206,282 0.98 US TREASURY N/B 2.75% 15/08/2047 80,000 76,269 0.01 US TREASURY N/B 2.875% 15/05/2028 5,200,000 5,209,238 0.98 US TREASURY N/B 3.125% 15/05/2048 700,000 718,988 0.14

────────── ───── 15,844,623 2.98 ────────── ─────

133,932,539 25.16

---------------- --------

- 43 -


Holdings Fair value

% of net assets

US$


Equities (70.58%)

AUSTRALIA (3.18%) ARISTOCRAT LEISURE LTD 67,285 1,536,148 0.29

AUSTRALIA AND NZ BANKING GROUP LTD 122,755 2,561,298 0.48 BHP BILLITON LTD 65,753 1,647,402 0.31 CALTEX AUSTRALIA LTD 53,042 1,275,245 0.24 DEXUS PROPERTY GROUP 251,723 1,805,920 0.34 INSURANCE AUSTRALIA GROUP LTD 239,908 1,511,994 0.28 MACQUARIE GROUP LTD 21,770 1,988,881 0.37 RIO TINTO LTD 23,940 1,475,892 0.29 WESFARMERS LTD 39,974 1,457,837 0.27 WOOLWORTHS GROUP LTD 73,525 1,657,967 0.31 ────────── ───── 16,918,584 3.18 ---------------- -------- BELGIUM (0.71%) ANHEUSER BUSCH INBEV 29,690 2,998,484 0.56 KBC GROEP 10,050 775,844 0.15 ────────── ─────

3,774,328 0.71 ---------------- -------- CHINA (17.81%) AAC TECHNOLOGIES HOLDINGS INC 130,500 1,838,040 0.35

AGRICULTURAL BANK OF CHINA LTD 4,813,000 2,251,459 0.42 ALIBABA GROUP HOLDING LTD 73,252 13,590,444 2.55 ANHUI CONCH CEMENT CO LTD 556,000 3,189,110 0.60 AUTOHOME INC 12,200 1,232,200 0.23 BAIC MOTOR CORP LTD 1,313,000 1,255,186 0.24 BAIDU INC 11,000 2,673,000 0.50 BEIJING ENTERPRISES HLDGS LTD 172,000 837,479 0.16 CHINA EVERBRIGHT LTD 722,000 1,325,201 0.25 CHINA MOBILE LTD 691,000 6,138,934 1.15 CHINA RESOURCES LAND LTD 808,222 2,724,824 0.51 CSPC PHARMACEUTICAL GROUP LTD 798,000 2,410,646 0.45 CHINA CONSTRUCTION BANK 5,391,000 4,981,837 0.94 CHINA LIFE INSURANCE CO LTD 844,000 2,178,460 0.41 CHINA MEDICAL SYSTEM HOLDINGS LTD 743,000 1,484,968 0.28 CHINA MENGNIU DAIRY CO LTD 400,000 1,356,200 0.25 CHINA PACIFIC INSURANCE (GR) CO LTD 621,200 2,403,102 0.45 CHINA PETROLEUM & CHEMICAL CORP 3,042,000 2,718,062 0.51 ENN ENERGY HOLDINGS LTD 244,000 2,399,429 0.45 GEELY AUTOMOBILE HOLDINGS LTD 689,000 1,787,170 0.34 INDUSTRIAL AND COMMERCIAL BANK OF CHINA 5,570,000 4,167,498 0.78 NETEASE INC 11,800 2,981,506 0.56 PETROCHINA CO LTD 2,980,000 2,267,633 0.43 PING AN INSURANCE (GROUP) CO OF CHINA LTD 344,000 3,165,758 0.59 SHANGHAI INDUSTRIAL HLDGS LTD 748,000 1,742,850 0.33 SOUND GLOBAL LTD 275,000 72,908 0.01 TENCENT HOLDINGS LTD 317,400 15,931,797 2.99 TINGYI (CAYMAN ISLANDS) HOLDINGS CORP 1,074,000 2,491,482 0.47

- 44 -


Holdings Fair value

% of net assets

US$


Equities (70.58%) (Continued)

CHINA (17.81%) (Continued) WEICHAI POWER CO LTD 949,000 1,308,807 0.25 YY INC 19,300 1,939,071 0.36 ────────── ─────

94,845,061 17.81 ---------------- -------- DENMARK (0.31%) NOVO NORDISK A/S 34,960 1,621,587 0.31 ────────── ─────

1,621,587 0.31 ---------------- -------- FRANCE (3.25%) AXA 53,035 1,301,270 0.25

BNP PARIBAS 34,534 2,144,630 0.40 CAPGEMINI SA 8,471 1,139,364 0.21 CREDIT AGRICOLE 56,224 750,643 0.14 HERMES INTERNATIONAL 1,118 683,727 0.13 ILIAD SA 7,821 1,235,936 0.23 NATIXIS SA 145,438 1,032,082 0.19 PERNOD RICARD 4,295 701,546 0.13 RENAULT SA 10,381 882,724 0.17 SAFRAN 12,097 1,469,587 0.28 SANOFI 7,115 570,284 0.11 SOCIETE GENERALE 18,077 762,236 0.14 THALES 6,166 794,422 0.15 TOTAL SA 29,567 1,802,339 0.34 VALEO 14,711 804,172 0.15 VINCI 12,688 1,220,071 0.23 ────────── ─────

17,295,033 3.25 ---------------- -------- GERMANY (1.62%) ALLIANZ (REG) 8,099 1,675,223 0.31 BASF SE 14,617 1,397,882 0.26 BAYER 5,496 605,430 0.11 DAIMLER-REG 16,374 1,053,946 0.20 DEUTSCHE POST (REG) 29,408 960,359 0.18 SAP SE 5,823 672,930 0.13 SIEMENS (REG) 10,830 1,431,618 0.27 THYSSENKRUPP AG 34,008 826,680 0.16 ────────── ─────

8,624,068 1.62 ---------------- --------

- 45 -


Holdings Fair value

% of net assets

US$



HONG KONG (5.13%) AIA GROUP LTD 707,400 6,185,450 1.16 ASM PACIFIC TECHNOLOGY 103,500 1,308,682 0.25 CK HUTCHISON HOLDINGS LTD 243,520 2,582,499 0.48 CLP HOLDINGS LTD 195,500 2,105,647 0.39 GALAXY ENTERTAINMENT GROUP LTD 206,000 1,595,128 0.30 HANG SENG BANK LTD 138,100 3,453,622 0.65 HONG KONG EXCHANGES AND CLEARING LTD 44,135 1,327,631 0.25 HONGKONG LAND HOLDINGS LTD 510,400 3,649,360 0.69 SUN HUNG KAI PROPERTIES LTD 236,884 3,574,947 0.67 TECHTRONIC INDUSTRIES CO LTD 277,000 1,544,685 0.29 ────────── ─────

27,327,651 5.13 ---------------- -------- ITALY (0.36%)

ATLANTIA 31,054 918,030 0.17 TELECOM ITALIA 954,403 710,263 0.13 TERNA SPA 57,493 310,927 0.06

────────── ─────

1,939,220 0.36

---------------- --------

JAPAN (7.05%)

AIR WATER INC 102,300 1,878,555 0.35 BRIDGESTONE CORP 43,000 1,682,111 0.32 CENTRAL JAPAN RAILWAY CO 9,400 1,948,486 0.37 HAMAMATSU PHOTONICS K.K. 49,300 2,118,611 0.40 HITACHI METALS LTD 133,800 1,389,157 0.26 INPEX CORPORATION 149,900 1,555,636 0.29 JAPAN TOBACCO INC 65,000 1,816,233 0.34 MAZDA MOTOR CORP 121,500 1,491,807 0.28 MITSUBISHI HEAVY INDUSTRIES LTD 47,700 1,735,916 0.33 MITSUBISHI UFJ FINANCIAL GROUP 195,800 1,115,600 0.21 MITSUBISHI ELECTRIC CORP 121,800 1,621,398 0.30 MIZUHO FINANCIAL GROUP INC 720,400 1,212,970 0.23 NITTO DENKO CORPORATION 22,600 1,710,430 0.32 NOK CORP 83,500 1,616,251 0.30 OMRON CORPORATION 36,500 1,703,652 0.32 SEKISUI CHEMICAL CO LTD 91,200 1,554,513 0.29 SMC CORP JAPAN 5,300 1,944,107 0.37 SUBARU CORPORATION 51,800 1,508,193 0.28 SUMITOMO RUBBER INDUSTRIES 101,700 1,615,962 0.30 SUMITOMO MITSUI FINANCIAL GROUP INC 31,900 1,240,116 0.23 TOKIO MARINE HLDG INC 27,800 1,303,349 0.25 TOYODA GOSEI CO LTD 78,700 1,995,832 0.37 TREND MICRO INC 31,500 1,797,319 0.34

────────── ─────

37,556,204 7.05

---------------- --------

- 46 -


Holdings Fair value

% of net assets

US$



SOUTH KOREA (2.08%) HANA FINANCIAL GROUP INC 65,990 2,537,166 0.48

LG CHEMICAL LTD 3,912 1,170,616 0.22 SAMSUNG ELECTRONICS CO LTD 137491 5,755,007 1.08 SK HYNIX INC 21,085 1,621,341 0.30

────────── ─────

11,084,130 2.08

---------------- --------

MACAO (0.36%) SANDS CHINA LTD 357,200 1,909,966 0.36

────────── ─────

1,909,966 0.36

---------------- --------

NETHERLANDS (1.55%)

ABN AMRO GROUP NV 31,333 812,871 0.15 AKZO NOBEL NV 12,295 1,052,511 0.20 ASML HDG (AMSTERDAM) 4,489 889,420 0.17 ING GROEP NV 141,118 2,031,190 0.38 RANDSTAD HOLDING NV 17,148 1,009,466 0.19 ROYAL DUTCH SHELL PLC 55,760 1,935,395 0.36 WOLTERS KLUWER 9,359 527,342 0.10

────────── ─────

8,258,195 1.55

---------------- --------

SINGAPORE (0.39%)

DBS GROUP HLDGS LTD 71,400 1,393,439 0.26 SINGAPORE TELECOMMUNICATIONS LTD 307,600 694,835 0.13

────────── ─────

2,088,274 0.39

---------------- --------

SPAIN (0.63%) BANCO BILBAO VIZCAYA ARGENTARIA 116,374 825,289 0.15

BANCO SANTANDER 131,416 704,572 0.13 REPSOL SA 94,038 1,840,698 0.35

────────── ─────

3,370,559 0.63

---------------- --------

SWEDEN (0.18%)

ERICSSON LM 123,613 957,013 0.18

────────── ─────

957,013 0.18

---------------- --------

- 47 -


Holdings Fair value

% of net assets

US$



SWITZERLAND (2.32%) CREDIT SUISSE GROUP-REG 81,752 1,230,870 0.23

NESTLE SA 53,135 4,115,093 0.77 NOVARTIS (REG) 28,638 2,171,175 0.41 ROCHE HOLDINGS-GENUSSCHEIN 9,592 2,130,536 0.40 UBS GROUP 87,278 1,347,032 0.26 ZURICH INSURANCE GROUP 4,504 1,334,031 0.25

────────── ─────

12,328,737 2.32

---------------- --------

TAIWAN (1.74%)

CATHAY FINANCIAL HOLDING CO LTD 979,000 1,727,543 0.33 FORMOSA PLASTICS CORP 567,000 2,092,182 0.39 PHISON ELECTRONICS CORP 148,000 1,169,884 0.22 TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 347,000 2,464,060 0.46 UNI-PRESIDENT ENTERPRISES CORP 719,000 1,825,298 0.34

────────── ─────

9,278,967 1.74

---------------- --------

THAILAND (0.22%)

SIAM COMMERCIAL BANK PCL 327,300 1,170,693 0.22

────────── ─────

1,170,693 0.22

---------------- --------

UNITED KINGDOM (5.52%) ASTRAZENECA PLC 25,390 1,760,866 0.33

BP PLC 275,936 2,106,773 0.39 HSBC HLDGS PLC (HKSE) 1,275,188 11,962,837 2.25 CENTRICA PLC 440,094 916,000 0.17 GLAXOSMITHKLINE PLC 87,694 1,771,172 0.33 HSBC HLDGS PLC 271,105 2,543,783 0.48 LLOYDS BANKING GROUP PLC 1,658,941 1,380,932 0.26 NATIONAL GRID PLC 96,191 1,064,736 0.20 RIO TINTO PLC 36,336 2,015,329 0.38 UNILEVER CVA 30,630 1,708,890 0.32 UNILEVER PLC 27,428 1,517,999 0.29 WPP PLC 41,785 658,138 0.12

────────── ─────

29,407,455 5.52

---------------- --------

- 48 -


Holdings Fair value

% of net assets

US$



UNITED STATES (16.17%)

AGCO CORP 11,100 673,992 0.13 AMPHENOL CORP 16,100 1,403,115 0.26 APPLE INC 14,700 2,721,117 0.51 ARROW ELECTRONICS INC 19,100 1,437,848 0.27 BANK OF AMERICA CORP 75,300 2,122,707 0.40 BB&T CORP 37,200 1,876,368 0.35 BIOGEN INC 4,600 1,335,104 0.25 BUNGE LIMITED 19,100 1,331,461 0.25 CARDINAL HEALTH INC 20,400 996,132 0.19 CIGNA CORP 8,700 1,478,565 0.28 CITIGROUP INC 29,300 1,960,756 0.37 CONOCOPHILLIPS 20,100 1,399,362 0.26 DEVON ENERGY CORP 45,300 1,991,388 0.37 DISCOVERY INC 38,100 1,047,750 0.20 ENTERGY CORP 9,600 775,584 0.15 ESTEE LAUDER COMPANIES INC 16,000 2,283,040 0.43 EVERGY INC 13,500 758,025 0.14 EXELON CORP 13,600 579,360 0.11 EXPRESS SCRIPTS HOLDINGS CO 20,700 1,598,247 0.30 FLUOR CORP 24,900 1,214,622 0.23 GOODYEAR TIRE & RUBBER CO 26,100 607,869 0.11 HOLLYFRONTIER CORP 19,900 1,361,757 0.26 HP INC 36,900 837,261 0.16 INTEL CORP 27,200 1,352,112 0.25 INTL FLAVORS & FRAGRANCES INC 10,300 1,276,788 0.24 ISHARES CORE S&P 500 ETF 57,039 15,574,499 2.92 ISHARES EUROPE ETF 86,296 3,858,294 0.72 ISHARES MSCI JAPAN ETF 119,306 6,909,010 1.30 ISHARES US UTILITIES ETF 14,963 1,974,217 0.37 JOHNSON & JOHNSON 10,700 1,298,338 0.24 JP MORGAN CHASE & CO 21,500 2,240,300 0.42 JUNIPER NETWORKS INC 29,400 806,148 0.15 KOHLS CORP 11,100 809,190 0.15 LEAR CORPORATION 6,500 1,207,765 0.23 MOSAIC CO 58,000 1,626,900 0.31 NOBLE ENERGY INC 23,600 832,608 0.16 RALPH LAUREN CORP 16,700 2,099,524 0.39 RANGE RESOURCES CORPORATION 101,700 1,701,441 0.32 SPRINT CORPORATION 275,700 1,499,808 0.28 TARGET CORP 11,000 837,320 0.16 TJX CO INC 6,800 647,224 0.12 T-MOBILE US INC 23,800 1,422,050 0.27 UGI CORP 15,900 827,913 0.15 UNITED RENTALS INC 7900 1,166,198 0.22 UNITED TECHNOLOGIES CORP 11,300 1,412,839 0.27 WELLS FARGO & CO 41,400 2,295,216 0.43

- 49 -


Holdings Fair value

% of net assets

US$



UNITED STATES (16.17%) (Continued) XILINX INC 9,500 619,970 0.12 ────────── ─────

86,087,102 16.17 ---------------- -------- 375,842,827 70.58 ---------------- --------

Total listed/quoted investments 509,775,366 95.74 Derivative financial instruments Forward foreign exchange contracts (1,406,621) (0.26) Other net assets 24,112,843 4.52 ────────── ───── Net assets attributable to unitholders as at 30 June 2018 532,481,588 100.00 ══════════ ═════ Total investments at cost 514,648,329 ══════════

- 50 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - GROWTH FUND (UNAUDITED)

AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$


Bonds (7.15%)

UNITED STATES (7.15%) US TREASURY N/B 3% 15/02/2048 2,037,200 2,042,156 4.02 US TREASURY N/B 2.875% 15/05/2028 1,585,500 1,588,317 3.13 ────────── ───── 3,630,473 7.15 ────────── ───── 3,630,473 7.15 ---------------- -------- Equities (92.16%)

AUSTRALIA (4.52%)

ARISTOCRAT LEISURE LTD 8,174 186,616 0.37 AUSTRALIA AND NZ BANKING GROUP LTD 14,893 310,744 0.61 BHP BILLITON LTD 7,139 178,863 0.35 CALTEX AUSTRALIA LTD 6,649 159,856 0.32 DEXUS PROPERTY GROUP 31,586 226,605 0.45 INSURANCE AUSTRALIA GROUP LTD 29,375 185,133 0.36 MACQUARIE GROUP LTD 2,626 239,908 0.47 RIO TINTO LTD 2,887 177,983 0.35 RIO TINTO PLC (LSE) 4,403 244,207 0.48 WESFARMERS LTD 4,814 175,565 0.35 WOOLWORTHS GROUP LTD 9,300 209,712 0.41 ────────── ─────

2,295,192 4.52 ---------------- --------

BELGIUM (1.00%) ANHEUSER BUSCH INBEV 3,999 403,871 0.80 KBC GROEP 1,348 104,063 0.20 ────────── ─────

507,934 1.00 ---------------- --------

CHINA (22.65%) AAC TECHNOLOGIES HOLDINGS INC 16,000 225,354 0.44 AGRICULTURAL BANK OF CHINA LTD 585,000 273,655 0.54 ALIBABA GROUP HOLDING LTD 8,874 1,646,393 3.25 ANHUI CONCH CEMENT CO LTD 67,000 384,299 0.76 AUTOHOME INC 1,500 151,500 0.30 BAIC MOTOR CORP LTD 159,000 151,999 0.30 BAIDU INC 1,300 315,900 0.62 BEIJING ENTERPRISES HLDGS LTD 21,500 104,685 0.21 CHINA CONSTRUCTION BANK CORP 649,000 599,743 1.18 CHINA EVERBRIGHT LTD 86,000 157,849 0.31 CHINA LIFE INSURANCE CO LTD 102,000 263,274 0.52 CHINA MEDICAL SYSTEM HOLDINGS LTD 84,000 167,883 0.33 CHINA MENGNIU DAIRY CO LTD 50,000 169,525 0.33 CHINA MOBILE LTD 83,000 737,383 1.45 CHINA PACIFIC INSURANCE (GR) CO LTD 75,400 291,684 0.58 CHINA PETROLEUM & CHEMICAL CORP 370,000 330,599 0.65

- 51 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - GROWTH FUND (UNAUDITED) (CONTINUED) AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$

Listed/quoted investments (Continued) Equities (92.16%) (Continued) CHINA (22.65%) (Continued) CHINA RESOURCES LAND LTD 100,000 337,138 0.67 CSPC PHARMACEUTICAL GROUP LTD 96,000 290,003 0.57 ENN ENERGY HOLDINGS LTD 30,000 295,012 0.58 GEELY AUTOMOBILE HOLDINGS LTD 83,000 215,290 0.42 INDUSTRIAL AND COMMERCIAL BANK OF CHINA 671,000 502,045 0.99 NETEASE INC 1,400 353,738 0.70 PETROCHINA CO LTD 362,000 275,464 0.54 PING AN INSURANCE (GROUP) CO OF CHINA LTD 42,000 386,517 0.76 SHANGHAI INDUSTRIAL HLDGS LTD 90,000 209,701 0.41 SOUND GLOBAL LTD 188,000 49,843 0.10 TENCENT HOLDINGS LTD 38,200 1,917,438 3.78 TINGYI (CAYMAN ISLANDS) HOLDINGS CORP 130,000 301,576 0.59 WEICHAI POWER CO LTD 115,000 158,602 0.31 YY INC 2,300 231,081 0.46 ────────── ─────

11,495,173 22.65 ---------------- -------- DENMARK (0.39%) NOVO NORDISK A/S 4,304 199,637 0.39 ────────── ─────

199,637 0.39 ---------------- -------- FRANCE (4.94%) AXA 7,143 175,261 0.34 BNP PARIBAS 5,034 312,621 0.62 CAPGEMINI SA 1,260 169,472 0.33 CREDIT AGRICOLE 7,543 100,706 0.20 HERMES INTERNATIONAL 166 101,519 0.20 ILIAD SA 1,053 166,403 0.33 NATIXIS SA 21,615 153,388 0.30 PERNOD RICARD 639 104,374 0.21 RENAULT SA 1,543 131,205 0.26 SAFRAN 1,798 218,428 0.43 SANOFI 1,071 85,843 0.17 SOCIETE GENERALE 2,425 102,253 0.20 THALES 917 118,146 0.23 TOTAL SA 4,395 267,910 0.53 VALEO 2,187 119,552 0.23 VINCI 1,886 181,357 0.36 ────────── ─────

2,508,438 4.94 ---------------- --------

- 52 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - GROWTH FUND (UNAUDITED) (CONTINUED)

AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$

Listed/quoted investments (Continued) Equities (92.16%) (Continued) GERMANY (2.47%) ALLIANZ (REG) 1,091 225,666 0.45 BASF SE 2,173 207,813 0.41 BAYER 747 82,288 0.16 DAIMLER-REG 2,434 156,669 0.31 DEUTSCHE POST (REG) 4,370 142,708 0.28 SAP SE 866 100,079 0.20 SIEMENS 1,610 212,826 0.42 THYSSENKRUPP AG 5,055 122,879 0.24 ────────── ─────

1,250,928 2.47 ---------------- -------- HONG KONG (6.55%) AIA GROUP LTD 85,200 744,982 1.47 ASM PACIFIC TECHNOLOGY 12,500 158,053 0.31 CK HUTCHISON HOLDINGS LTD 30,204 320,310 0.63 CLP HOLDINGS LTD 23,500 253,109 0.50 GALAXY ENTERTAINMENT GROUP LTD 25,000 193,584 0.38 HANG SENG BANK LTD 16,800 420,137 0.83 HONG KONG EXCHANGES AND CLEARING LTD 5,441 163,671 0.32 HONGKONG LAND HOLDINGS LTD 61,500 439,725 0.87 SUN HUNG KAI PROPERTIES LTD 28,998 437,625 0.86 TECHTRONIC INDUSTRIES CO LTD 34,500 192,389 0.38 ────────── ─────

3,323,585 6.55 ---------------- -------- ITALY (0.57%) ATLANTIA 4,615 136,430 0.27 TELECOM ITALIA 141,840 105,557 0.21 TERNA SPA 8,545 46,212 0.09 ────────── ─────

288,199 0.57 ---------------- -------- JAPAN (10.09%) AIR WATER INC 13,900 255,249 0.50 BRIDGESTONE CORP 5,800 226,889 0.45 CENTRAL JAPAN RAILWAY CO 1,300 269,471 0.53 HAMAMATSU PHOTONICS K.K. 6,700 287,925 0.57 HITACHI METALS LTD 18,200 188,959 0.37 INPEX CORPORATION 20,400 211,708 0.42 JAPAN TOBACCO INC 8,800 245,890 0.49 MAZDA MOTOR CORP 16,500 202,591 0.40 MITSUBISHI ELECTRIC CORP 16,500 219,647 0.43 MITSUBISHI HEAVY INDUSTRIES LTD 6,500 236,550 0.47 MITSUBISHI UFJ FINANCIAL GROUP 27,500 156,685 0.31 MIZUHO FINANCIAL GROUP INC 101,300 170,563 0.34 NITTO DENKO CORP 3,100 234,617 0.46

- 53 -


AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$

Listed/quoted investments (Continued) Equities (92.16%) (Continued) JAPAN (10.09%) (Continued) NOK CORP 11,300 218,726 0.43 OMRON CORPORATION 5,000 233,377 0.46 SEKISUI CHEMICAL CO LTD 12,400 211,359 0.42 SMC CORP JAPAN 700 256,769 0.51 SUBARU CORPORATION 7,000 203,810 0.40 SUMITOMO MITSUI FINANCIAL GROUP INC 4,500 174,938 0.34 SUMITOMO RUBBER INDUSTRIES 13,800 219,275 0.43 TOKIO MARINE HLDG INC 3,800 178,156 0.35 TOYODA GOSEI CO LTD 10,700 271,352 0.53 TREND MICRO INC 4,300 245,348 0.48 ────────── ─────

5,119,854 10.09 ---------------- -------- MACAO (0.46%) SANDS CHINA LTD 43,200 230,993 0.46 ────────── ─────

230,993 0.46 ---------------- -------- NETHERLANDS (2.38%) ABN AMRO GROUP NV 4,113 106,703 0.21 AKZO NOBEL NV 1,827 156,400 0.31 ASML HDG 667 132,155 0.26 ING GROEP NV 20,561 295,946 0.58 RANDSTAD HOLDING NV 2,549 150,054 0.30 ROYAL DUTCH SHELL PLC 8,287 287,637 0.57 WOLTERS KLUWER 1,391 78,377 0.15 ────────── ─────

1,207,272 2.38 ---------------- -------- SINGAPORE (0.49%) DBS GROUP HLDGS LTD 8,600 167,837 0.33 SINGAPORE TELECOMMUNICATIONS LTD 36,700 82,901 0.16 ────────── ─────

250,738 0.49 ---------------- -------- SOUTH KOREA (2.65%) HANA FINANCIAL GROUP INC 7,999 307,543 0.61 LG CHEMICAL LTD 478 143,035 0.28 SAMSUNG ELECTRONICS CO LTD 16,559 693,116 1.37 SK HYNIX INC 2,567 197,391 0.39 ────────── ─────

1,341,085 2.65 ---------------- --------

- 54 -


AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$

Listed/quoted investments (Continued) Equities (92.16%) (Continued) SPAIN (0.94%) BANCO BILBAO VIZCAYA ARGENTARIA 15,277 108,340 0.21 BANCO SANTANDER 17,699 94,891 0.19 REPSOL SA 13,976 273,566 0.54 ────────── ─────

476,797 0.94 ---------------- -------- SWEDEN (0.23%) ERICSSON LM 15,030 116,362 0.23 ────────── ─────

116,362 0.23 ---------------- -------- SWITZERLAND (3.09%) CREDIT SUISSE GROUP 10,490 157,939 0.31 NESTLE SA 6,645 514,629 1.02 NOVARTIS (REG) 3,781 286,655 0.57 ROCHE HOLDINGS-GENUSSCHEIN 1,220 270,981 0.53 UBS GROUP 10,636 164,154 0.32 ZURICH INSURANCE GROUP 585 173,270 0.34 ────────── ─────

1,567,628 3.09 ---------------- -------- TAIWAN (2.21%) CATHAY FINANCIAL HOLDING CO LTD 118,000 208,223 0.41 FORMOSA PLASTICS CORP 66,000 243,534 0.48 PHISON ELECTRONICS CORP 18,000 142,283 0.28 TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 43,000 305,345 0.60 UNI-PRESIDENT ENTERPRISES CORP 87,000 220,864 0.44 ────────── ─────

1,120,249 2.21 ---------------- -------- THAILAND (0.28%) SIAM COMMERCIAL BANK PCL 39,700 142,000 0.28 ────────── ─────

142,000 0.28 ---------------- -------- UNITED KONGDOM (6.64%) ASTRAZENECA PLC 3,071 212,982 0.42 BP PLC 34,413 262,743 0.52 CENTRICA PLC 54,442 113,314 0.22 GLAXOSMITHKLINE PLC 10,868 219,503 0.43 HSBC HLDGS PLC (HKSE) 155,577 1,459,504 2.88 HSBC HLDGS PLC (LONDON) 34,788 326,416 0.64 LLOYDS BANKING GROUP PLC 203,035 169,010 0.34 NATIONAL GRID PLC 11,655 129,009 0.26

- 55 -


AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$

Listed/quoted investments (Continued) Equities (92.16%) (Continued) UNITED KONGDOM (6.64%) (Continued) UNILEVER CVA 3,657 204,029 0.40 UNILEVER PLC 3,311 183,247 0.36 WPP PLC 5,515 86,864 0.17 ────────── ─────

3,366,621 6.64 ---------------- -------- UNITED STATES (19.61%) AGCO CORP 1,700 103,224 0.20 AMPHENOL CORP 2,500 217,875 0.43 APPLE INC 2,600 481,286 0.95 ARROW ELECTRONICS INC 3,500 263,480 0.52 BANK OF AMERICA CORP 10,600 298,814 0.59 BB&T CORP 5,900 297,596 0.59 BIOGEN INC 1,000 290,240 0.57 BUNGE LIMITED 3,400 237,014 0.47 CARDINAL HEALTH INC 4,000 195,320 0.38 CIGNA CORP 1,400 237,930 0.47 CITIGROUP INC 4,600 307,832 0.61 CONOCOPHILLIPS 3,200 222,784 0.44 DEVON ENERGY CORP 8,100 356,076 0.70 DISCOVERY INC 6,000 165,000 0.33 ENTERGY CORP 1,600 129,264 0.25 ESTEE LAUDER COMPANIES INC 2,200 313,918 0.62 EVERGY INC 2,100 117,915 0.23 EXELON CORP 2,300 97,980 0.19 EXPRESS SCRIPTS HOLDINGS CO 3,700 285,677 0.56 FLUOR CORP 3,900 190,242 0.37 GOODYEAR TIRE & RUBBER CO 4,100 95,489 0.19 HOLLYFRONTIER CORP 3,200 218,976 0.43 HP INC 6,300 142,947 0.28 INTEL CORP 4,900 243,579 0.48 INTL FLAVORS & FRAGRANCES INC 1,900 235,524 0.46 ISHARES MSCI JAPAN ETF 6,593 381,801 0.75 JOHNSON & JOHNSON 2,000 242,680 0.48 JP MORGAN CHASE & CO 3,000 312,600 0.62 JUNIPER NETWORKS INC 4,600 126,132 0.25 KOHLS CORP 1,700 123,930 0.24 LEAR CORPORATION 1,200 222,972 0.44 MOSAIC CO 10,400 291,720 0.57 NOBLE ENERGY INC 3,700 130,536 0.26 RALPH LAUREN CORP 2,700 339,444 0.67 RANGE RESOURCES CORPORATION 16,000 267,680 0.53

- 56 -


AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$

Listed/quoted investments (Continued) Equities (92.16%) (Continued) UNITED STATES (19.61%) (Continued) SPRINT CORPORATION 49,200 267,648 0.53 T-MOBILE US INC 4,200 250,950 0.49 TARGET CORP COM 1,800 137,016 0.27 TJX CO INC 1,200 114,216 0.24 UGI CORP 2,500 130,175 0.26 UNITED RENTALS INC 1,200 177,144 0.35 UNITED TECHNOLOGIES CORP 2,000 250,060 0.49 WELLS FARGO & CO 6,000 332,640 0.65 XILINX INC 1,600 104,416 0.21 ────────── ─────

9,949,742 19.61 ────────── ─────

46,758,427 92.16 ---------------- -------- Total listed/quoted investments 50,388,900 99.31

Derivative financial instruments Forward foreign exchange contracts 4,567 0.01 Other net assets 342,930 0.68 ────────── ───── Net assets attributable to unitholders as at 30 June 2018 50,736,397 100.00

══════════ ═════

Total investments at cost 45,565,836 ══════════

- 57 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - MONEY MARKET USD FUND (UNAUDITED)

AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$


Investment Fund (97.24%)

Luxembourg (97.24%) Amundi Fund - Cash USD 40,873 42,737,091 97.24

────────── ─────

Total listed/quoted investments

42,737,091 97.24

Other net assets

1,211,690 2.76

────────── ─────

Net assets attributable to unitholders as at 30 June 2018

43,948,781 100.00

══════════ ═════

Total investments at cost 41,569,538

══════════

- 58 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI FUNDS - CASH USD (UNDERLYING FUND OF AMUNDI HK - MONEY MARKET USD FUND) (UNAUDITED)

AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$

Listed/quoted investments Bonds (33.69%)

AUSTRALIA (1.56%) AUSTRALIA NEW ZEALAND BANKING GROUP

LTD FRN 19/12/2019 15,000,000 15,006,750 0.70

WESTPAC BANKING CORP FRN 19/08/2019 11,900,000 11,948,492 0.56 WESTPAC BANKING CORP 2.25% 17/01/2019 6,473,000 6,451,963 0.30 ───────── ─────────

33,407,205 1.56 -------------- -------------- CANADA (3.95%) ALIM COUCHE TARD FRN 13/12/2019 10,000,000 10,026,750 0.47 BANK OF MONTREAL FRN 11/09/2019 20,000,000 20,021,600 0.94 ROYAL BANK OF CANADA FRN 10/01/2019 15,000,000 15,030,000 0.70 THE TORONTO DOMINION BANK FRN

11/06/2020 16,667,000 16,667,000 0.78

THE TORONTO DOMINION BANK FRN 18/01/2019

8,000,000 8,024,120 0.37

THE TORONTO DOMINION BANK 1.75% 23/07/2018

14,776,000 14,769,676 0.69

───────── ─────────

84,539,146 3.95 -------------- -------------- CHINA (0.12%) BANK OF CHINA LTD FRN 11/07/2019 2,585,000 2,588,878 0.12 ───────── ─────────

2,588,878 0.12 -------------- -------------- FRANCE (2.69%) AGENCE FRANCAISE DE DEVELOPMENT SA

FRN 11/07/2019 10,000,000 10,016,500 0.47

BANQUE FEDERATIVE CREDIT MUTUEL 2.00% 12/04/2019

8,705,000 8,633,784 0.40

BFCM FRN 19/06/2019 20,000,000 20,000,000 0.93 BNP PARIBAS SA 2.40% 12/12/2018 4,028,000 4,024,415 0.19 ORANGE SA 2.75% 06/02/2019 14,953,000 14,972,066 0.70 ───────── ─────────

57,646,765 2.69 -------------- -------------- HONG KONG (0.70%) CHINA DEVELOPMENT GROUP HONG KONG

FRN 06/03/2020 15,000,000 14,994,600 0.70

───────── ─────────

14,994,600 0.70 -------------- -------------- JAPAN (4.25%) BANK OF TOKYO MITSUBISHI LTD 2.30%

10/03/2019 13,200,000 13,157,694 0.61

BANK OF TOKYO MITSUBISHI LTD 2.70% 09/09/2018

13,665,000 13,668,306 0.64

- 59 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI FUNDS - CASH USD (UNDERLYING FUND OF AMUNDI HK - MONEY MARKET USD FUND) (UNAUDITED) (CONTINUED) AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$

Listed/quoted investments (Continued) Bonds (33.69%) (Continued)

JAPAN (4.25%) (Continued) BK OF TOKYO MITSUB 2.15% 14/09/2018 10,725,000 10,709,374 0.50 JAPAN BANK FOR INTERNATIONAL

COOPERATION 1.75% 13/11/2018 15,000,000 14,962,575 0.70

SUMITOMO MITSUI BANKING CORP FRN 11/01/2019

10,000,000 10,017,000 0.47

SUMITOMO MITSUI BANKING CORP 2.45% 10/01/2019

15,000,000 14,986,500 0.70

SUMITOMO MITSUI FINANCIAL CORP INC FRN 17/01/2020

13,500,000 13,519,467 0.63

───────── ───────── 91,020,916 4.25 -------------- -------------- LUXEMBOURG (0.09%) BANK OF CHINA LTD LUXEMBOURG BRANCH FRN

12/07/2019 2,000,000 2,009,220 0.09

───────── ───────── 2,009,220 0.09 -------------- -------------- NETHERLANDS (2.13%) ABN AMRO BANK NV FRN 18/01/2019 12,400,000 12,442,408 0.58 ING BANK N.V. 2.00% 26/11/2018 2,000,000 1,993,800 0.09 ING BANK NV 2.00% 26/11/2018 2,600,000 2,592,252 0.12 ING BANK NV 2.05% 17/08/2018 3,550,000 3,547,249 0.17 TOYOTA MOTOR Fl EURO MEDIUM TERM NOTES

FRN 12/12/2019 25,000,000 25,051,125 1.17

───────── ───────── 45,626,834 2.13 -------------- -------------- SPAIN (0.93%) INSTITUTO DE CREDITO OFFICIAL 1.625%

14/09/2018 20,000,000 19,943,000 0.93

───────── ───────── 19,943,000 0.93 -------------- -------------- SWEDEN (1.12%) NORDEA BANK AB 1.875% 17/09/2018 6,450,000 6,435,480 0.30 NORDEA BANK AB 1.875% 17/09/2018 3,245,000 3,237,696 0.15 NORDEA BANK AB 2.375% 04/04/2019 4,643,000 4,628,839 0.22 SKANDINAVISKA ENSKILDA BANKEN 2.375%

20/11/2018 9,750,000 9,735,375 0.45

───────── ───────── 24,037,390 1.12 -------------- -------------- UNITED KINGDOM (3.21%) ASTRAZENCA PLC FRN 16/11/2018 1,353,000 1,355,935 0.06 ASTRAZENCA PLC 1.75% 16/11/2018 11,552,000 11,515,369 0.54 BP CAPITAL MARKETS PLC FRN 14/08/2018 14,985,000 14,994,800 0.70 BRITISH TELECOMMUNICATIONS PLC 2.35%

14/02/2019 7,065,000 7,045,642 0.33

- 60 -


Holdings Fair value

% of net assets

US$

Listed/quoted investments (Continued) Bonds (33.69%) (Continued)

UNITED KINGDOM (3.21%) (Continued) DIAGEO CAPITAL PLC FRN 18/05/2020 7,000,000 7,000,000 0.33 SANTANDER UK GROUP HOLDINGS PLC 2.00%

24/08/2018 2,560,000 2,556,879 0.12

UBS AG LONDON BRANCH FRN 07/12/2018 10,000,000 10,016,350 0.47 UBS AG LONDON BRANCH FRN 28/05/2019 14,200,000 14,220,945 0.66

───────── ─────────

68,705,920 3.21

-------------- --------------

UNITED STATES (12.94%) AMGEN INC FRN 10/05/2019 8,500,000 8,523,758 0.40

CATERPILLAR FINANCIAL SERVICES CORP FRN 11/09/2018

15,000,000 15,000,000 0.69

CATERPILLAR FINANCIAL SERVICES CORP FRN 15/05/2020

15,000,000 15,000,000 0.70

CHEVRON CORPORATION FRN 28/02/2019 4,000,000 4,001,720 0.19 CITIBANK NA FRN 01/05/2020 12,000,000 12,000,000 0.56 CITIBANK NA FRN 20/03/2019 10,000,000 10,020,300 0.47 CITIGROUP INC 2.05% 07/06/2019 13,204,000 13,106,290 0.61 CREDIT SUISSE NEW YORK BRANCH 2.30%

28/05/2019 9,280,000 9,238,240 0.43

DAIMLER FINANCE NORTH AMERICA LLC FRN 04/05/2020

10,000,000 10,000,000 0.47

DAIMLER FINANCE NORTH AMERICA LLC FRN 05/11/2018

8,910,000 8,913,564 0.42

FORD MOTOR CREDIT CO LLC FRN 12/03/2019 6,926,000 6,947,471 0.32 GENERAL MOTORS FINANCIAL CO 2.40%

09/05/2019 11,840,000 11,778,195 0.55

GOLDMAN SACHS GROUP INC. 2.625% 31/01/2019 10,000,000 9,993,000 0.47 GOLDMAN SACHS GROUP INC. 2.90% 19/07/2018 10,000,000 10,003,440 0.47 IBM CREDIT LLC FRN 06/09/2019 17,000,000 17,032,045 0.79 INTESA SAPOLA SPA FRN 22/04/2019 21,000,000 21,031,500 0.97 JOHN DEERE CAPITAL CORP FRN 07/01/2020 10,000,000 10,000,000 0.47 JP MORGAN CHASE BANK NA FRN 21/09/2018 6,500,000 6,506,650 0.30 JP MORGAN CHASE FINANCIAL COMPANY LLC

FRN 13/02/2020 10,000,000 10,000,000 0.47

JPMORGAN CHASE & CO FRN 28/01/2019 10,000,000 10,034,050 0.47 MORGAN STANLEY 2.45% 01/02/2019 10,000,000 9,991,400 0.47 MORGAN STANLEY 2.50% 24/01/2019 10,000,000 9,997,000 0.47 PACIFIC GAS&ELECTRIC FRN 28/11/2018 12,000,000 12,000,000 0.56 PEPSICO INC FRN 02/05/2019 3,000,000 3,000,000 0.14 WELLS FARGO & CO FRN 14/09/2018 13,105,000 13,117,658 0.61 WELLS FARGO BANK NA FRN 28/11/2018 10,000,000 10,018,470 0.47

───────── ─────────

277,254,751 12.94

-------------- --------------

721,774,625 33.69 -------------- --------------

- 61 -



assets US$ Listed/quoted investments (Continued) Investment Fund (8.54%) LUXEMBOURG (8.54%) AMUNDI MONEY MARKET FUND SHORT TERM C 175,691 182,966,274 8.54 ───────── ───────── 182,966,274 8.54 -------------- -------------- Money Market Instrument (51.80%) BELGIUM (1.17%) ENI FINANCE INTERNATIONAL SA 0% 09/07/2018 25,000,000 24,986,452 1.17 ───────── ───────── 24,986,452 1.17 -------------- -------------- CANADA (1.40%) THOMSON REUTERS CORP 0% 18/07/2018 30,000,000 29,957,250 1.40 ───────── ───────── 29,957,250 1.40 -------------- -------------- CHINA (0.63%) INDUSTRIAL AND COMMERCIAL BANK OF CHINA

LTD 0% 13/08/2018 13,500,000 13,458,669 0.63

───────── ───────── 13,458,669 0.63 -------------- -------------- FRANCE (9.15%) AIR LIQUIDE FINANCE 0% 30/10/2018 30,000,000 29,744,912 1.39 BANQUE FEDERATIVE CREDIT MUTUEL 0%

10/07/2018 25,000,000 24,986,729 1.17

BPCE SA VAR 07/11/2018 20,000,000 20,000,000 0.93 COMPAGNIE DE SAINT GOBAIN SA 0% 30/07/2018 20,000,000 23,092,167 1.08 COMPAGNIE FINANCIERE ET INDUSTRIELLE DES

AUTOROUTES SA 0% 12/07/2018 21,000,000 24,701,257 1.15

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK FRN 13/07/2018

10,000,000 10,001,425 0.47

ELECTRICITE DE FRANCE SA 0% 02/07/2018 30,000,000 29,993,750 1.40 VALEO SA 0% 23/07/2018 10,000,000 9,986,327 0.47 VEOLIA ENVIRONMENT SA 0% 30/07/2018 20,000,000 23,416,251 1.09 ───────── ───────── 195,922,818 9.15 -------------- -------------- GERMANY (0.93%) DEUTSCHE TELEKOM AG 0% 14/08/2018 20,000,000 19,938,411 0.93 ───────── ───────── 19,938,411 0.93 -------------- --------------

- 62 -



assets US$ Listed/quoted investments (Continued) Money Market Instrument (51.80%) (Continued) HONG KONG (1.26%) CHINA CONSTRUCTION BANK CORPORATION

HONG KONG 2.30% 03/07/2018 17,000,000 17,000,000 0.79

CHINA DEVELOPMENT GROUP HONG KONG 2.12% 18/07/2018

10,000,000 10,000,000 0.47

───────── ───────── 27,000,000 1.26 -------------- -------------- JAPAN (1.62%) JAPAN POST BANK CO LTD 0% 12/10/2018 35,000,000 34,747,645 1.62

───────── ───────── 34,747,645 1.62 -------------- -------------- LUXEMBOURG (1.39%) LUXEMBOURG 0% 11/10/2018 30,000,000 29,831,947 1.39 ───────── ───────── 29,831,947 1.39 -------------- -------------- NETHERLANDS (7.53%) ABN AMRO BANK NV 0% 13/11/2018 20,000,000 19,810,022 0.92 EDP FINANCE BV 0% 12/07/2018 20,000,000 23,533,105 1.10 IBERDROLA INTERNATIONAL BV 0% 24/07/2018 20,000,000 23,330,137 1.09 ING BANK NV 0% 10/12/2018 20,000,000 19,771,225 0.92 ING BANK NV 0% 11/10/2018 25,000,000 24,857,099 1.16 RABOBANK NEDERLAND VAR 12/03/2019 20,000,000 20,000,000 0.93 REPSOL INTERNATIONAL FINANCE BV 0%

11/07/2018 30,000,000 29,974,355 1.41

───────── ───────── 161,275,943 7.53 -------------- -------------- NEW ZEALAND (0.93%) KIWIBANK LTD 0% 09/08/2018 20,000,000 19,953,774 0.93 ───────── ───────── 19,953,774 0.93 -------------- -------------- SINGAPORE (0.46%) INDUSTRIAL COMMERCIAL BANK OF CHINA LTD

0% 04/10/2018 10,000,000 9,926,448 0.46

───────── ───────── 9,926,448 0.46 -------------- -------------- SOUTH AFRICA (0.93%) BANK OF CHINA LIMITED 0% 04/10/2018 20,000,000 19,857,676 0.93 ───────── ───────── 19,857,676 0.93 -------------- --------------

- 63 -



assets US$ Listed/quoted investments (Continued) Money Market Instrument (51.80%) (Continued) SWEDEN (2.80%) SBAB BANK AB 0% 17/07/2018 30,000,000 29,964,366 1.40 SWEDBANK AB 0% 30/07/2018 30,000,000 29,950,375 1.40 ───────── ───────── 59,914,741 2.80 -------------- -------------- UNITED KINGDOM (8.60%) ASTRAZENCA PLC 0% 02/08/2018 15,000,000 14,964,583 0.70 CREDIT SUISSE AG LONDON BRANCH 0%

11/10/2018 20,000,000 19,884,537 0.93

DEUTSCHE BANK AG LONDON BRANCH 0% 17/10/2018

30,000,000 29,751,369 1.39

HITACHI CAPITAL UK PLC 0% 12/07/2018 30,000,000 29,973,943 1.39 LLOYDS BANKING GROUP PLC 0% 16/10/2018 30,000,000 29,821,222 1.39 MIZUHO BANK LTD 0% 05/07/2018 25,000,000 24,990,019 1.17 RECKITT BENKISER TREASURY SERIVICES PLC

0% 03/07/2018 15,000,000 14,996,000 0.70

VODAFONE GROUP PLC 0% 31/08/2018 20,000,000 19,938,310 0.93 ───────── ───────── 184,319,983 8.60 -------------- -------------- UNITED STATES (13.00%) AT&T INC 0% 04/12/2018 30,000,000 29,635,809 1.38 El DU PONT DE NEMOURS & CO 0% 09/07/2018 25,000,000 24,982,778 1.17 FORD MOTOR CREDIT CO LLC 0% 11/04/2019 15,000,000 14,644,004 0.68 HP INC 0% 23/07/2018 35,000,000 34,941,533 1.63 MONDELEZ INTL INC 0% 09/07/2018 20,000,000 19,986,111 0.93 NATIONAL GRID 0% 04/10/2018 35,000,000 34,754,754 1.62 NATIONAL GRID ELECTRICITY TRANSMISSION

PLC 0% 14/08/2018 30,000,000 29,906,083 1.40

UNITED TECHNOLOGIES GLOBAL 0% 19/07/2018 20,100,000 24,906,735 1.16 VOLKSWAGEN CREDIT 0% 14/08/2018 35,000,000 34,886,406 1.63 WPP CP LLC 0% 20/07/2018 30,000,000 29,950,475 1.40 ───────── ───────── 278,594,688 13.00 --------------- --------------- 1,109,686,445 51.80 --------------- --------------- Total listed/quoted investments 2,014,427,344 94.03 Other net assets 127,838,515 5.97 ────────── ───────── Net asset value as at 30 June 2018 2,142,265,859 100.00 ══════════ ═════════ 1 The NAV represents the net asset value of Amundi Funds – Cash USD as at 30 June 2018 in which Amundi HK – Money Market USD Fund invests as a feeder fund. The investment in Amundi Funds – Cash USD by Amundi HK – Money Market USD Fund is USD$42,737,091 as at 30 June 2018.

- 64 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - NEW GENERATION ASIA PACIFIC EQUITY DIVIDEND FUND (UNAUDITED) AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$


Equities (96.75%)

AUSTRALIA (16.72%) AGL ENERGY LIMITED 25,545 424,286 0.98 AURIZON HOLDINGS LTD 78,339 250,624 0.58 AUSTRALIA AND NZ BANKING GROUP LTD 22,766 475,015 1.10 BHP BILLITON LTD 17,653 442,285 1.02 BLUESCOPE STEEL LTD 20,014 255,230 0.59 BRAMBLES LTD 24,210 158,842 0.37 CIMIC GROUP LTD 12,486 390,229 0.90 DEXUS PROPERTY GROUP 67,974 487,661 1.12 FLIGHT CENTRE TRAVEL GROUP LIMITED 4,820 226,674 0.52 HARVEY NORMAN HLDGS LTD 82,713 202,893 0.47 INSURANCE AUSTRALIA GROUP LTD 84,593 533,138 1.23 MIRVAC GROUP 236,030 378,428 0.87 RAMSAY HEALTH CARE LTD 4,758 189,764 0.44 SANTOS LTD 130,746 605,693 1.40 SONIC HEALTHCARE LTD 17,272 313,038 0.72 STOCKLAND 170,934 501,390 1.16 WESFARMERS LTD 11,490 419,036 0.97 WESTPAC BANKING CORP LTD 24,359 527,331 1.21 WOODSIDE PETROLEUM LTD 10,320 270,380 0.62 WOOLWORTHS GROUP LTD 8,699 196,160 0.45 ────────── ─────

7,248,097 16.72

---------------- --------

CHINA (24.93%) AAC TECHNOLOGIES HOLDINGS INC 28,000 394,369 0.91 AGRICULTURAL BANK OF CHINA LTD 822,000 384,521 0.89 ANHUI CONCH CEMENT CO LTD 40,000 229,432 0.53 AUTOHOME INC 2,900 292,900 0.68 BAIC MOTOR CORP LTD 243,000 232,300 0.54 BANK OF CHINA LTD 621,000 307,910 0.71 CHINA EVERBRIGHT LTD 118,000 216,584 0.50 CHINA MEDICAL SYSTEM HOLDINGS LTD 130,000 259,819 0.60 CHINA MOBILE LTD 45,000 399,786 0.92 CHINA PACIFIC INSURANCE (GR) CO LTD 88,000 340,427 0.78 CHINA PETROLEUM & CHEMICAL CORP 458,000 409,228 0.94 CHINA RAILWAY GROUP LTD 399,000 301,076 0.69 CHINA RESOURCES LAND LTD 82,000 276,453 0.64 CHINA RESOURCES POWER HOLDINGS CO LTD 76,000 133,876 0.31 CHINA TELECOM CORP LTD 982,000 459,367 1.06 ENN ENERGY HOLDINGS LTD 45,000 442,518 1.02 GEELY AUTOMOBILE HOLDINGS LTD 133,000 344,983 0.80 GUANGDONG INVESTMENTS LTD 258,000 409,751 0.95 HAIER ELECTRONICS GROUP CO LTD 84,000 287,479 0.66 HAITIAN INTERNATIONAL HLDGS 104,000 245,503 0.57 INDUSTRIAL AND COMMERCIAL BANK OF CHINA 490,000 366,620 0.85 JIANGSU EXPRESSWAY CO LTD 196,000 233,588 0.54 KINGBOARD CHEMICAL HLDGS LTD 51,000 186,567 0.43

- 65 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - NEW GENERATION ASIA PACIFIC EQUITY DIVIDEND FUND (UNAUDITED) (CONTINUED) AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$



CHINA (24.93%) (Continued) LONGFOR GROUP HOLDINGS LTD 73,000 196,796 0.45 MOMO INC 9,100 395,850 0.91 NETEASE INC 1,300 328,471 0.76 NEXTEER AUTOMOTIVE GROUP LTD 124,000 183,342 0.42 NINE DRAGONS PAPER HOLDINGS LTD 170,000 216,686 0.50 SHANDONG WEIGAO GROUP MEDICAL POLYMER

CO LTD 332,000 234,862 0.54

SHIMAO PROPERTY HOLDINGS LTD 97,500 256,008 0.59 SINO BIOPHARMACEUTICAL LTD 106,500 163,440 0.38 SINO-OCEAN GROUP HOLDING LTD 357,500 207,789 0.48 TINGYI (CAYMAN ISLANDS) HOLDINGS CORP 188,000 436,125 1.01 WANT WANT CHINA HOLDINGS LTD 293,000 260,678 0.60 YANGZIJIANG SHIPBUILDING HLDGS LTD 313,600 208,147 0.48 YY INC 3,600 361,692 0.83 ZHEJIANG EXPRESSWAY CO LTD 224,000 199,861 0.46 ────────── ─────

10,804,804 24.93 ---------------- --------

HONG KONG (8.05%) AIA GROUP LTD 37,400 327,023 0.76 ASM PACIFIC TECHNOLOGY 19,200 242,770 0.56 CLP HOLDINGS LTD 30,500 328,503 0.76 GALAXY ENTERTAINMENT GROUP LTD 32,000 247,787 0.57 HANG SENG BANK LTD 17,000 425,138 0.98 HKELECTRIC-SS SS 228,500 217,856 0.50 HKT TRUST AND HKT LTD 97,820 124,933 0.29 HONG KONG EXCHANGES AND CLEARING LTD 5,764 173,388 0.40 HONGKONG LAND HOLDINGS LTD 31,100 222,365 0.51 PCCW LTD 493,000 277,748 0.64 SUN ART RETAIL GROUP LTD 122,000 159,547 0.37 SUN HUNG KAI PROPERTIES LTD 20,000 301,831 0.70 TECHTRONIC INDUSTRIES CO LTD 52,000 289,977 0.67 YUE YUEN INDUSTRIAL HLDGS LTD 52,500 148,223 0.34 ────────── ─────

3,487,089 8.05 ---------------- -------- INDIA (6.94%) ADANI PORTS AND SPECIAL ECONOMIC

ZONE LTD 20,990 114,317 0.26

AUROBINDO PHARMA LTD 21,079 186,778 0.43 BAJAJ AUTO LTD 4,881 200,205 0.46 BHARAT INFRATEL LTD 16,204 71,081 0.16 GAIL INDIA LTD 34,697 172,308 0.40 GLENMARK PHARMACEUTICALS LTD 11,367 96,731 0.22

- 66 -


Holdings Fair value

% of net assets

US$



INDIA (6.94%) (Continued) HAVELLS INDIA LIMITED 25,378 201,257 0.46 HERO MOTORCORP LTD 3,600 182,509 0.42 HINDUSTAN UNILEVER LTD 18,368 439,971 1.02 INDIABULLS HOUSING FINANCE LTD 7,183 119,778 0.28 INDIAN OIL CORP LTD 67,648 154,026 0.36 ITC LTD 60,850 236,419 0.55 MARUTI SUZUKI INDIA LTD 1,536 197,856 0.46 TECH MAHINDRA LTD 29,932 286,345 0.66 UPL LTD 16,931 152,914 0.35 YES BANK LTD 39,395 195,293 0.45 ────────── ─────

3,007,788 6.94 ---------------- --------

INDONESIA (2.18%)

AKR CORPORINDO 302,100 90,651 0.21

BANK NEGARA INDONESIA 345,200 169,830 0.39

BUMI SERPONG DAMAI 1,172,400 128,039 0.30

GUDANG GARAM 26,100 122,486 0.28

KALBE FARMA 1,172,300 99,805 0.23

MATAHARI DEPRATMENT STORE 97,400 59,813 0.14

SEMEN INDONESIA (PERSERO) TBK 104,900 52,157 0.12

TELEKOMUNIKASI INDONESIA TBK 846,300 221,467 0.51

────────── ─────

944,248 2.18

---------------- --------

MACAO (0.40%)

SANDS CHINA LTD 32,800 175,383 0.40

────────── ─────

175,383 0.40

---------------- --------

MALAYSIA (4.11%)

AIRASIA GROUP BHD 284,400 210,510 0.49

ALLIANCE BANK MALAYSIA BHD 249,100 249,131 0.57

BRITISH AMERICAN TOBACCO MALAY 6,100 52,521 0.12

GENTING 96,100 200,075 0.46

HARTALEGA HOLDINGS BHD 187,000 277,294 0.64

PETRONAS CHEMICALS GROUP BHD 93,200 194,037 0.45

PETRONAS DAGANGAN 22,800 139,978 0.32

SIME DARBY PLANTATION BERHAD 172,900 228,136 0.53

TENAGA NASIONAL BHD 63,500 230,137 0.53

────────── ─────

1,781,819 4.11

---------------- --------

- 67 -


Holdings Fair value

% of net assets

US$



NEW ZEALAND (0.42%) RYMAN HEALTHCARE LIMITED 22,499 182,338 0.42 ────────── ─────

182,338 0.42 ---------------- -------- PHILIPPINES (1.58%) BANK OF THE PHILIPPINE ISLANDS 87,256 144,698 0.33 DMCI HOLDINGS INC 521,100 102,526 0.24 MERALCO 29,210 194,633 0.45 METRO PACIFIC INVESTMENT CORP 931,100 80,256 0.19 ROBINSONS LAND CORP 202,800 70,681 0.16 UNIVERSAL ROBINA CORPORATION 39,980 90,647 0.21 ────────── ─────

683,441 1.58 ---------------- -------- SINGAPORE (2.70%) ASCENDAS REAL ESTATE INVESTMEN REIT 117,800 228,084 0.53 CAPITALAND COMMERCIAL TRUST 205,404 250,070 0.58 GENTING SINGAPORE LTD 312,800 279,880 0.65 JARDINE CYCLE & CARRIAGE LTD 5,100 119,019 0.27 OVERSEA-CHINESE BANKING CORP 34,300 292,814 0.67 ────────── ─────

1,169,867 2.70 ---------------- -------- SOUTH KOREA (12.56%) CHEIL WORLDWIDE INC 11,545 213,911 0.49 DB INSURANCE CO LTD 4,295 227,371 0.53 HANKOOK TIRE CO LTD 3,183 120,237 0.28 HDC HYUNDAI DEVELOPMENT CO 3,856 186,486 0.43 HYUNDAI ENGINEERING & CONSTRUCTION CO LTD

3,446 177,788 0.41

HYUNDAI MOBIS 806 153,317 0.35 INDUSTRIAL BANK OF KOREA 13,746 189,940 0.44 KANGWON LAND INC 8,730 204,836 0.47 KB FINANCIAL GROUP 5,156 244,268 0.56 KEPCO PLANT SERVICES & ENGINEERING 3,632 116,178 0.27 KOREA ELECTRIC POWER CORP 4,552 130,699 0.30 KOREA ZINC CO LTD 436 151,006 0.35 KT&G CORP 2,245 215,536 0.50 LG CHEMICAL LTD 1,128 203,941 0.47 LG ELECTRONICS INC 2,503 186,406 0.43 LOTTE CHEMICAL CORP 620 193,594 0.45 NCSOFT CORP 733 244,004 0.56 SAMSUNG CARD CO 6,476 222,549 0.51 SAMSUNG ELECTRONICS CO LTD ORD 10,250 429,038 0.99 SAMSUNG ELECTRONICS CO LTD PREF 8,850 298,970 0.69 SK HOLDINGS CO LTD 766 178,012 0.41

- 68 -


Holdings Fair value

% of net assets

US$



SOUTH KOREA (12.56%) (Continued) SK HYNIX INC 7,400 569,026 1.31 SK INNOVATION CO LTD 1,921 348,176 0.80 YUHAN CORPORATION 1,229 239,845 0.56 ────────── ─────

5,445,134 12.56 ---------------- --------

TAIWAN (11.99%)

ASE TECHNOLOGY HOLDING CO LTD 88,592 208,052 0.48

CATCHER TECHNOLOGY CO LTD 29,000 324,352 0.75

CHICONY ELECTRONICS CO LTD 96,856 218,246 0.50

FAR EASTONE TELECOMMUNICATIONS CO LTD 83,000 214,520 0.50

FENG TAY ENTERPRISE CO LTD 37,000 185,677 0.43

FIRST FINANCIAL HOLDING 346,000 233,780 0.54

FORMOSA CHEMICALS & FIBRE CORP 107,000 426,407 0.98

GENERAL INTERFACE SOLUTION HOLDING LTD 34,000 220,805 0.51

MACRONIX INTERNATIONAL CO LTD 217,000 308,897 0.71

MEGA FINANCIAL HOLDING CO LTD 385,000 339,685 0.78

MICRO-STAR INTERNATIONAL CO LTD 86,000 265,713 0.61

NOVATEK MICROELECTRONICS LTD 77,000 347,262 0.80

PHISON ELECTRONICS CORP 38,000 300,376 0.69

POU CHEN CORPORATION 141,000 163,714 0.38

POWERTECH TECHNOLOGY INC 89,000 258,343 0.60

REALTEK SEMICONDUCTOR CORP 59,000 214,802 0.50

TAIWAN MOBILE CO LTD 89,000 322,564 0.74

TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD

70,000 497,073 1.15

TECO ELECTRIC & MACHINERY CO LTD 194,000 145,714 0.34

────────── ─────

5,195,982 11.99

---------------- --------

THAILAND (4.17%)

ADVANCED INFO SERVICE PCL 44,000 245,699 0.57

AIRPORTS THAILAND PCL 88,700 168,672 0.39

BUMRUNGRAD HOSPITAL PCL 25,100 126,144 0.29

DELTA ELECTRONICS THAI PCL 110,600 195,294 0.45

IRPC PCL 1,142,400 199,998 0.46

PTT PCL 147,000 212,979 0.49

PTT GLOBAL CHEMICAL PCL 74,300 163,716 0.38

SIAM CEMENT 5,900 73,728 0.17

SIAM COMMERCIAL BANK PCL 44,500 159,168 0.37

THAI OIL PCL 111,300 261,201 0.60

────────── ─────

1,806,599 4.17

---------------- --------

Total listed/quoted investments 41,932,589 96.75

- 69 -


Holdings Fair value

% of net assets

US$

Derivative financial instruments Forward foreign exchange contracts (188,276) (0.43) Other net assets 1,596,993 3.68 ────────── ───── Net assets attributable to unitholders as at

30 June 2018 43,341,306 100.00 ══════════ ═════ Total investments at cost 40,283,693 ══════════

- 70 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - GLOBAL AGEING PLANET OPPORTUNITIES FUND (UNAUDITED) AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$


Equities (99.40%)

AUSTRALIA (0.53%) COCHLEAR LTD 883 130,592 0.53 ────────── ────

130,592 0.53

---------------- --------

CANADA (2.50%) BANK OF MONTREAL 4,200 324,455 1.32 MANULIFE FINANCIAL CORP 16,200 290,884 1.18 ────────── ────

615,339 2.50

---------------- --------

CHINA (0.69%) PING AN HEALTHCARE AND TECHNOLOGY CO

LTD 26,800 170,800 0.69

────────── ────

170,800 0.69 ---------------- --------

FRANCE (4.43%) EDENRED 6,674 210,858 0.86 ICADE 2,708 253,887 1.03 L'OREAL 731 180,511 0.73 ORPEA 1,831 244,349 0.99 RENAULT SA 2,379 202,293 0.82

────────── ─────

1,091,898 4.43

---------------- --------

GERMANY (3.28%) ALLIANZ (FRANKFURT) 59 12,204 0.05 ALLIANZ (XETRA) 955 197,379 0.80 SIEMENS HEALTHINEERS AG 6,720 277,393 1.12 TUI DI 8,154 178,973 0.73 VOLKSWAGEN 865 143,632 0.58

────────── ─────

809,581 3.28

---------------- --------

JAPAN (9.38%) ASAHI INTECC CO LTD 7,100 268,578 1.09 DAI-ICHI LIFE HOLDINGS INC 11,300 201,587 0.82 JAPAN HOTEL REIT INVESTMENT CO (REIT) 238 178,342 0.72 KOSE CORPORATION 800 172,401 0.70 M3 INC 4,700 187,338 0.76 NIHON M&A CENTRE INC 4,400 127,712 0.52 PALTAC CORP 2,600 149,758 0.61 RESORTTRUST INC 8,400 148,639 0.60 SHIMADZU CORP 9,500 287,320 1.17 SONY CORP 4,700 240,336 0.97

- 71 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - GLOBAL AGEING PLANET OPPORTUNITIES FUND (UNAUDITED) (CONTINUED) AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$



JAPAN (9.38%) (Continued) SUZUKI MOTOR CORP 1,800 99,421 0.40 TOYOTA MOTOR CORP 3,900 252,453 1.02 ────────── ─────

2,313,885 9.38 ---------------- --------

LUXEMBOURG (0.67%) EUROFINS SCIENTIFIC 295 164,085 0.67 ────────── ─────

164,085 0.67

---------------- --------

NETHERLANDS (2.07%) ING GROEP NV 13,862 199,523 0.81 KONINKLIJKE DSM 3,103 312,005 1.26

────────── ─────

511,528 2.07

---------------- --------

SPAIN (1.15%) SOL MELIA SA 20,740 284,284 1.15

────────── ─────

284,284 1.15 ---------------- --------

SWEDEN (1.55%) HUSQVARNA 20,174 191,727 0.78 SECURITAS AB 11,522 189,908 0.77

────────── ─────

381,635 1.55

---------------- --------

SWITZERLAND (1.08%) STRAUMANN HOLDING AG (REG) 349 265,366 1.08

────────── ─────

265,366 1.08

---------------- --------

UNITED KINGDOM (4.81%) ASTRAZENECA PLC 4,067 282,058 1.14 CRODA INTERNATIONAL PLC 3,698 234,447 0.95 INTERNATIONAL CONSOLIDATED AIRLINES

GROUP 30,280 265,928 1.08

SCHRODERS PLC 3,652 152,265 0.62 SMITHS GROUP PLC 11,174 250,497 1.02 ────────── ───── 1,185,195 4.81 ---------------- --------

- 72 -


Holdings Fair value

% of net assets

US$



UNITED STATES (67.26%) ABOIMED INC. 500 204,525 0.83 ACUSHNET HOLDINGS CORP 11,100 271,506 1.10 AGILENT TECHNOLOGIES INC 4,300 265,912 1.08 ALIGN TECHNOLOGY INC 800 273,712 1.11 ALLEGION PLC 3,400 263,024 1.07 ALLERGAN PLC 800 133,376 0.54 ALLSCRIPTS HEALTHCARE SOLUTIONS INC 23,600 283,200 1.15 ARAMARK 8,500 315,350 1.28 BANK OF NEW YORK MELLON CORP 3,600 194,148 0.79 BAXTER INTERNATIONAL INC 4,600 339,664 1.38 BECTON DICKINSON & CO 1,900 455,164 1.85 BIOMARIN PHARMACEUTICAL INC 2,400 226,080 0.92 BIO-RAD LABORATORIES CL A 1,000 288,540 1.17 BLACKROCK INC 400 199,616 0.81 BLUEBIRD BIO INC 600 94,170 0.38 CALLAWAY GOLF CO 16,000 303,520 1.23 CARNIVAL PLC 5,580 320,243 1.30 CELGENE CORP 2,200 174,724 0.71 CENTENE CORP 3,800 468,198 1.90 CLOVIS ONCOLOGY INC 2,700 122,769 0.50 COMCAST CORP 5,300 173,893 0.71 COOPER COS INC 1,300 306,085 1.24 CVS HEALTH CORP 5,600 360,360 1.46 DANAHER CORP 3,600 355,248 1.44 EDWARDS LIFESCIENCES CORP 2,000 291,140 1.18 FIRST REPUBLIC BANK 2,600 251,654 1.02 FLEXION THERAPEUTICS INC 4,700 121,495 0.48 FORD MOTOR CO 10,500 116,235 0.47 FORTUNE BRANDS HOME & SECURITY INC 4,600 246,974 1.00 HILL-ROM HOLDINGS INC 3,300 288,222 1.17 HILTON INC 4,167 329,860 1.34 HOME DEPOT INC 1,600 312,160 1.27 HUMANA INC 1,200 357,156 1.45 INCYTE CORP 1,900 127,300 0.52 INTUITIVE SURGICAL INC 600 287,088 1.16 IQVIA HOLDINGS INC 3,400 339,388 1.38 JAZZ PHARMACEUTICALS PLC 1,400 241,220 0.98 JETBLUE AIRWAY CORPORATION 14,300 271,414 1.10 JOHNSON & JOHNSON 2,000 242,680 0.98 KKR & CO LP 8,400 208,740 0.85 LABORATORY CORP OF AMERICA HOLDINGS 2,200 394,966 1.60 LOWE'S COMPANIES INC 3,700 353,609 1.43 MEDTRONIC PLC 4,100 351,001 1.42 MERCK & CO INC 5,900 358,130 1.45

- 73 -


Holdings Fair value

% of net assets

US$



UNITED STATES (67.26%) (Continued) MORGAN STANLEY 6,500 308,100 1.25 NETFLIX INC 700 274,001 1.11 NEUROCRINE BIOSCIENCES INC 1,800 176,832 0.72 NEVRO CORP 3,300 263,505 1.07 NORTHERN TRUST CORP 1,900 195,491 0.79 PFIZER INC 6,200 224,936 0.91 PROCTER & GAMBLE CO 3,000 234,180 0.95 PRUDENTIAL FINANCIAL INC 3,000 280,530 1.14 SERVICE CORP INTL 7,600 272,004 1.09 SOTHEBY’S 5,300 288,002 1.17 SOUTHWEST AIRLINES CO 5,500 279,840 1.13 STATE STREET CORP 2,000 186,180 0.75 THE BLACKSTONE GROUP LP 6,800 218,756 0.89 THERMO FISHER SCIENTIFIC INC 1,500 310,710 1.26 THOR INDUSTRIES INC 2,700 262,953 1.07 UNITEDHEALTH GROUP INC 1,500 368,010 1.49 UNUM GROUP 6,300 233,037 0.94 VAIL RESORTS INC 1,200 329,028 1.33 ────────── ─────

16,589,554 67.26 ---------------- --------


Derivative financial instruments Forward foreign exchange contracts (74,960) (0.30)

Other net assets

223,147 0.90

────────── ─────

Net assets attributable to unitholders as at 3o June 2018 24,661,929 100.00

══════════ ═════


- 74 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - DISRUPTIVE OPPORTUNITIES EQUITY FUNDS (UNAUDITED) AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$


Equities (97.54%)

ARGENTINA (0.99%) GLOBANT SA 14,500 823,455 0.99 ────────── ─────

823,455 0.99 ---------------- --------

AUSTRIA (0.47%) AMS AG 5,313 394,776 0.47 ────────── ─────

394,776 0.47 ---------------- --------

BELGIUM (1.85%) UMICORE 26,853 1,540,962 1.85 ────────── ─────

1,540,962 1.85 ---------------- --------

CANADA (0.86%) SHOPIFY INC 4,900 714,112 0.86 ────────── ─────

714,112 0.86 ---------------- --------

CHILE (1.02%) SOCIEDAD QUIMICA Y MINERA DE CHILE SA 17,700 850,485 1.02 ────────── ─────

850,485 1.02 ---------------- --------

CHINA (3.11%) CTRP.COM INTERNATIONAL 18,300 871,629 1.05 PING AN INSURANCE (GROUP) COMPANY OF

CHINA LIMITED 68,500 630,391 0.76

TENCENT HLDGS LTD 21,500 1,079,186 1.30 ────────── ─────

2,581,206 3.11 ---------------- --------

FRANCE (4.37%) CRITEO S.A 37,260 1,223,991 1.47 DBV TECHNOLOGIES SA 9,818 380,113 0.46 SCHNEIDER ELECTRIC SE 12,127 1,011,227 1.22 VALEO SA 18,499 1,011,242 1.22

────────── ─────

3,626,573 4.37 ---------------- --------

JAPAN (9.05%) FANUC LIMITED (FORMERLY KNOWN AS FUJITSU

FANUC) 3,700 735,056 0.88

HARMONIC DRIVE SYSTEMS INC 16,900 715,578 0.86 M3 INC 32,700 1,303,395 1.57 MACROMILL INC 26,500 651,943 0.78 RENESAS ELECTRONICS CORPORATION 72,100 706,907 0.85

- 75 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - DISRUPTIVE OPPORTUNITIES EQUITY FUNDS (UNAUDITED) (CONTINUED) AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$



JAPAN (9.05%) (Continued) SMC CORPORATION 1,900 696,944 0.84 SOFTBANK GROUP CORP 20,000 1,439,624 1.73 SONY CORP 25,000 1,278,382 1.54 ────────── ─────

7,527,829 9.05 ---------------- --------

NETHERLANDS (3.55%) ING GROEP N.V. 84,508 1,216,371 1.46 NXP SEMICONDUCTORS 12,030 1,314,518 1.58 STMICROELECTRONICS NV 19,037 424,751 0.51

────────── ─────

2,955,640 3.55 ---------------- --------

SPAIN (1.92%) ATLANTICA YIELD PLC 44,210 892,158 1.07 SIEMENS GAMESA RENEWABLE ENERGY SA 52,551 705,900 0.85 ────────── ─────

1,598,058 1.92 ---------------- --------

SWITZERLAND (1.46%) TEMENOS GROUP AG 3,962 598,520 0.72 VAT GROUP AG 4,608 615,359 0.74

────────── ─────

1,213,879 1.46 ---------------- --------

UNITED KINGDOM (0.96%) SOPHOS GROUP PLC 94,826 799,990 0.96 ────────── ─────

799,990 0.96 ---------------- --------

UNITED STATES (67.93%) ACACIA COMMUNICATIONS INC 21,650 753,636 0.91 ACCELERATE DIAGNOSTICS INC 31,090 693,307 0.83 ADVANCED MICRO DEVICES INC 81,200 1,217,188 1.46 AKAMAI TECHNOLOGIES INC 21,990 1,610,328 1.94 ALARM.COM HOLDINGS INC 19,500 787,410 0.95 ALEXION PHARMACEUTICALS INC 5,080 630,682 0.76 ALPHABET INC 2,600 2,935,894 3.53 AMBARELLA INC 17,820 688,030 0.83 BIOMARIN PHARMACEUTICAL INC 9,610 905,262 1.09 BLUEBIRD BIO INC 3,300 517,935 0.62 BOOKING HOLDINGS INC 695 1,408,828 1.69 CERNER CORPORATION 13,900 831,081 1.00 CISION LTD 50,000 747,500 0.90 CLOVIS ONCOLOGY INC 9,500 431,965 0.52

- 76 -


Holdings Fair value

% of net assets

US$



UNITED STATES (67.93%) (Continued) CORE LABORATORIES 12,100 1,527,141 1.84 COSTAR GROUP INC 2,600 1,072,838 1.29 EDWARDS LIFESCIENCES CORP 11,740 1,708,992 2.05 ELECTRONIC ARTS INC 5,000 705,100 0.85 ELLIE MAE INC 15,930 1,654,171 1.99 ENVESTNET INC 18,510 1,017,124 1.22 EPAM SYSTEMS INC 7,400 920,042 1.11 EQUINIX INC REIT 2,930 1,259,578 1.51 EXACT SCIENCES CORP 10,500 627,795 0.75 FACEBOOK INC 7,400 1,437,968 1.73 FIRST SOLAR INC 7,900 416,014 0.50 GLAUKOS CORP 21,400 869,696 1.05 HANNON ARMSTRONG SUSTAINABLE REIT 38,840 767,090 0.92 INCYTE CORP 13,700 917,900 1.10 IROBOT CORP 9,900 750,123 0.90 JOHNSON CONTROLS INTERNATIONAL PLC 28,610 957,004 1.15 MARVELL TECHNOLOGY GROUP LIMITED 47,600 1,020,544 1.23 MERCK & CO INC 17,800 1,080,460 1.30 NEVRO CORP 10,140 809,679 0.97 NOBLE ENERGY INC 36,320 1,281,370 1.54 NUANCE COMMUNICATIONS INC 48,000 666,480 0.80 NUTANIX INC 19,200 990,144 1.19 NUVASIVE INC 13,690 713,523 0.86 PAYPAL HOLDINGS INC 22,540 1,876,906 2.26 PORTOLA PHARMACEUTICALS INC 13,700 517,449 0.62 PROOFPOINT INC 8,500 980,135 1.18 PROTO LABS INC 3,420 406,809 0.49 QUALCOMM INC 13,200 740,784 0.89 QUALYS INC 7,900 665,970 0.80 SALESFORCE 6,980 952,072 1.14 SCHWAB CHARLES CORP 24,200 1,236,620 1.49 SERVICENOW INC 4,700 810,609 0.97 SOLAREDGE TECHNOLOGIES INC 13,800 660,330 0.79 SPARK THERAPEUTICS INC 6,100 504,836 0.61 SPLUNK INC 5,710 565,918 0.68 TE CONNECTIVITY LIMITED 9,800 882,588 1.06 TRANSUNION 14,000 1,002,960 1.21 TWILIO INC - A SHRS 23,200 1,299,664 1.56 ULTIMATE SOFTWARE GROUP INC 5,760 1,482,106 1.78 UNIVERSAL DISPLAY CORP 5,800 498,800 0.60 WAYFAIR INC 10,800 1,282,608 1.54 WORLDPAY INC 12,100 989,538 1.19 ZAYO GROUP HOLDINGS INC 25,000 912,000 1.10

- 77 -


Holdings Fair value

% of net assets

US$



UNITED STATES (67.93%) (Continued) ZYNGA INC 223,100 908,017 1.09 ────────── ─────

56,506,541 67.93 ---------------- --------


Derivative financial instruments Forward foreign exchange contracts (199,934) (0.24)

Other net assets 2,243,272 2.70

────────── ───── Net assets attributable to unitholders as at 3o June 2018 83,176,844 100.00

══════════ ═════


- 78 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - GLOBAL MULTI-THEMATIC EQUITY FUND (UNAUDITED) AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$

Listed/quoted investments Investment Fund (97.48%)

HONG KONG (21.41%)

AMUNDI HK - DISRUPTIVE OPPORTUNITIES EQUITY FUND

60,852 858,623 6.34

AMUNDI HK - GLOBAL AGEING PLANET OPPORTUNITIES FUND

187,985 2,041,515 15.07

────────── ─────

2,900,138 21.41 ---------------- -------- IRELAND (36.77%)

BAILLIE GIFFORD WORLDWIDE JAPANESE FUND

22,096 304,729 2.25

GUINNESS ASSET MANAGEMENT FUND PLC - GLOBAL ENERGY FUND

72,689 692,992 5.12

J O HAMBRO CAPITAL MANAGEMENT UMBRELLA FUND PLC - ASIA EX - JAPAN FUND

74,805 124,626 0.92

KBI INSTITUTIONAL GESS FUND 10,582 1,593,940 11.77 LAZARD GLOBAL ACTIVE FUNDS PLC -

EMERGING MARKET EQUITY FUND 333,741 367,449 2.71

LEGG MASON RARE INFRASTRUCTURE VALUE FUND

67,946 819,429 6.05

POLAR CAPITAL FUNDS PLC - GLOBAL TECHNOLOGY FUND

12,104 529,291 3.91

POLAR CAPITAL FUNDS PLC - HEALTHCARE OPPORTUNITIES FUND

11,771 547,573 4.04

────────── ─────

4,980,029 36.77 ---------------- -------- JERSEY (3.87%)

ETFS PHYSICAL SILVER 17,359 264,855 1.96 ETFS PHYSICAL SWISS GOLD 2,134 258,726 1.91 ────────── ─────

523,581 3.87 ---------------- -------- LUXEMBOURG (26.88%)

AMUNDI FUNDS - CASH USD 16,240 1,697,885 12.53 AMUNDI FUNDS II - GLOBAL ECOLOGY 449 741,541 5.47 BLACKROCK GLOBAL FUNDS - WORLD GOLD

FUND 18,244 533,455 3.94

BLACKROCK GLOBAL FUNDS - WORLD MINING FUND

9,722 415,421 3.07

MORGAN STANLEY INVESTMENT FUNDS - GLOBAL PROPERTY FUND

6,374 252,984 1.87

────────── ─────

3,641,286 26.88 ---------------- --------

- 79 -

AMUNDI HK PORTFOLIOS INVESTMENT PORTFOLIO - AMUNDI HK - GLOBAL MULTI-THEMATIC EQUITY FUND (UNAUDITED) (CONTINUED) AS AT 30 JUNE 2018

Holdings Fair value

% of net assets

US$

Listed/quoted investments (Continued) Investment Fund (97.48%) (Continued)

UNITED KINGDOM (8.55%)

MAN INTERNATIONAL ICVC - JAPAN COREALPHA

47,499 114,823 0.85

SARASIN FOOD AND AGRICULTURAL OPPORTUNITIES

388,000 1,043,467 7.70

────────── ─────

1,158,290 8.55 ---------------- -------- Total listed/quoted investments 13,203,324 97.48 Other net assets 341,692 2.52 ────────── ───── Net assets attributable to unitholders as at

30 June 2018 13,545,016 100.00 ══════════ ═════


- 80 -

AMUNDI HK PORTFOLIOS STATEMENT OF MOVEMENTS IN INVESTMENT PORTFOLIO - AMUNDI HK - DEFENSIVE BALANCED FUND (UNAUDITED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 Percentage

holding of net assets at 30 June

2018

Percentage holding of net

assets at 31 December

2017 % % Listed/quoted investments Bonds Australia 3.61 4.59 Canada 1.48 1.73 China 23.74 29.37 France 4.17 2.85 Germany 1.89 1.57 Hong Kong 6.86 9.78 Indonesia 0.42 - India 3.26 3.85 Italy - 0.28 Japan 8.84 2.68 Malaysia 1.03 3.99 Netherlands 1.59 0.26 New Zealand - 0.30 Philippines 0.98 0.92 Qatar 0.72 - Singapore 3.30 2.90 South Korea 1.47 2.32 Thailand - 1.96 United Kingdom 0.31 0.38 United States 3.12 - Equities Australia 1.63 0.38 Belgium 0.34 0.03 China 8.14 6.21 Denmark 0.09 0.11 France 1.31 1.32 Germany 0.56 1.07 Hong Kong 2.38 2.33 Italy 0.11 0.15 Japan 3.91 3.57 Macao 0.17 - Netherlands 0.66 0.46 Singapore 0.18 0.19 South Korea 0.96 1.11 Spain 0.34 0.24 Sweden 0.05 0.10 Switzerland 0.95 1.43 Taiwan 0.82 0.54 Thailand 0.10 - United Kingdom 2.02 1.87 United States 6.07 8.31 ─────── ─────── Total listed/quoted investments 97.58 99.15 ----------- -----------

- 81 -

AMUNDI HK PORTFOLIOS STATEMENT OF MOVEMENTS IN INVESTMENT PORTFOLIO - AMUNDI HK - DEFENSIVE BALANCED FUND (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 Percentage

holding of net

assets at 30 June

2018

Percentage holding of

net assets at

31 December 2017

% % Derivative financial instruments Forward foreign exchange contracts (0.02) 0.21 Other net assets 2.44 0.64 ─────── ─────── Net assets attributable to unitholders 100.00 100.00 ═══════ ═══════

- 82 -

AMUNDI HK PORTFOLIOS STATEMENT OF MOVEMENTS IN INVESTMENT PORTFOLIO - AMUNDI HK - BALANCED FUND (UNAUDITED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 Percentage


2018



2017 % % Listed/quoted investments Bonds Australia 0.90 1.55 Canada 0.20 0.58 China 9.40 10.52 France 0.35 1.16 Germany 0.30 0.53 Hong Kong 3.47 4.44 India 0.52 1.52 Indonesia 0.13 - Italy - 0.09 Japan 2.53 0.71 Malaysia 0.27 1.25 Netherlands 0.52 0.10 Philippines 0.57 0.36 Qatar 0.31 - Singapore 1.20 1.02 South Korea 1.19 0.85 Thailand 0.29 1.12 United Kingdom 0.03 0.10 United States 2.98 0.72 Equities Australia 3.18 1.71 Belgium 0.71 0.08 China 17.81 18.33 Denmark 0.31 0.35 France 3.25 3.12 Germany 1.62 2.27 Hong Kong 5.13 5.67 Italy 0.36 0.45 Japan 7.05 7.22 Macao 0.36 - Netherlands 1.55 1.47 Singapore 0.39 0.33 South Korea 2.08 2.19 Spain 0.63 0.75 Sweden 0.18 0.31 Switzerland 2.32 2.24 Taiwan 1.74 1.16 Thailand 0.22 - United Kingdom 5.52 5.13 United States 16.17 19.52 ─────── ───────

Total listed/quoted investments 95.74 98.92 ----------- -----------

- 83 -

AMUNDI HK PORTFOLIOS STATEMENT OF MOVEMENTS IN INVESTMENT PORTFOLIO - AMUNDI HK - BALANCED FUND (UNAUDITED) (CONTINUED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 Percentage


2018



2017 % % Derivative financial instruments Forward foreign exchange contracts (0.26) 0.37 Other net assets 4.52 0.71 ─────── ───────

Net assets attributable to unitholders 100.00 100.00 ═══════ ═══════

- 84 -

AMUNDI HK PORTFOLIOS STATEMENT OF MOVEMENTS IN INVESTMENT PORTFOLIO - AMUNDI HK - GROWTH FUND (UNAUDITED)

FOR THE SIX MONTHS ENDED 30 JUNE 2018 Percentage


2018



2017 % % Listed/quoted Investments Bonds United States 7.15 3.58 Equities Australia 4.52 2.72 Belgium 1.00 0.10 China 22.65 21.88 Denmark 0.39 0.40 France 4.94 4.03 Germany 2.47 3.05 Hong Kong 6.55 7.50 Italy 0.57 0.52 Japan 10.09 10.62 Macao 0.46 - Netherlands 2.38 1.70 Singapore 0.49 0.42 South Korea 2.65 3.78 Spain 0.94 0.87 Sweden 0.23 0.35 Switzerland 3.09 3.49 Taiwan 2.21 2.14 Thailand 0.28 - United Kingdom 6.64 6.33 United States 19.61 23.17 ─────── ───────

Total listed/quoted investments 99.31 96.65 ----------- ----------- Derivative financial instruments Forward foreign exchange contracts 0.01 - Other net assets 0.68 3.35 ─────── ───────


- 85 -

AMUNDI HK PORTFOLIOS STATEMENT OF MOVEMENTS IN INVESTMENT PORTFOLIO - AMUNDI HK - MONEY MARKET USD FUND (UNAUDITED)

FOR THE SIX MONTHS ENDED 30 JUNE 2018 Percentage


2018



2017 % % Listed/quoted investments Investment fund Luxembourg 97.24 98.72 ─────── ───────

Total listed/quoted investments 97.24 98.72 ----------- ----------- Other net assets 2.76 1.28 ─────── ───────


- 86 -

AMUNDI HK PORTFOLIOS STATEMENT OF MOVEMENTS IN INVESTMENT PORTFOLIO - AMUNDI HK - NEW GENERATION ASIA PACIFIC EQUITY DIVIDEND FUND (UNAUDITED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 Percentage


2018



2017 % % Listed/quoted investments Equities Australia 16.72 13.97 China 24.93 23.75 Hong Kong 8.05 8.35 India 6.94 6.70 Indonesia 2.18 3.45 Macao 0.40 - Malaysia 4.11 3.69 New Zealand 0.42 0.46 Philippines 1.58 2.00 Singapore 2.70 3.22 South Korea 12.56 14.18 Taiwan 11.99 11.93 Thailand 4.17 4.34 United Kingdom - 0.98 United States - 0.41 ─────── ───────

Total listed/quoted investments 96.75 97.43 ----------- ----------- Derivative financial instruments Forward foreign exchange contracts (0.43) 0.78 Other net assets 3.68 1.79 ─────── ───────


- 87 -

AMUNDI HK PORTFOLIOS STATEMENT OF MOVEMENTS IN INVESTMENT PORTFOLIO - AMUNDI HK - GLOBAL AGEING PLANET OPPORTUNITIES FUND (UNAUDITED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 Percentage

holding of net assets at

30 June

2018



2017 % % Listed/quoted investments Equities Australia 0.53 - Canada 2.50 1.39 China 0.69 - Denmark - 0.84 France 4.43 5.53 Germany 3.28 4.08 Italy - 0.69 Japan 9.38 10.61 Luxembourg 0.67 1.02 Netherlands 2.07 4.12 Spain 1.15 - Sweden 1.55 0.88 Switzerland 1.08 1.81 United Kingdom 4.81 5.34 United States 67.26 63.08 ─────── ───────



- 88 -

AMUNDI HK PORTFOLIOS STATEMENT OF MOVEMENTS IN INVESTMENT PORTFOLIO - AMUNDI HK - DISRUPTIVE OPPORTUNITIES EQUITY FUND (UNAUDITED) FOR THE SIX MONTHS ENDED 30 JUNE 2018 Percentage

holding of net assets at

30 June 2018



2017 % % Listed/quoted investments Equities Australia - 0.67 Argentina 0.99 - Austria 0.47 0.62 Belgium 1.85 1.81 Bermuda - 0.31 Canada 0.86 1.08 Chile 1.02 0.98 China 3.11 2.93 France 4.37 3.91 Germany - 1.70 Japan 9.05 9.47 Netherlands 3.55 3.74 Spain 1.92 1.90 Switzerland 1.46 2.81 United Kingdom 0.96 0.60 United States 67.93 66.17 ─────── ───────



- 89 -

AMUNDI HK PORTFOLIOS STATEMENT OF MOVEMENTS IN INVESTMENT PORTFOLIO - AMUNDI HK - GLOBAL MULTI-THEMATIC EQUITY FUND (UNAUDITED) FOR THE SIX MONTHS ENDED 30 JUNE 2018


assets at 30 June

2018 % Listed/quoted investments Investment fund Hong Kong 21.41 Ireland 36.77 Jersey 3.87 Luxembourg 26.88 United Kingdom 8.55 ───────

Total listed/quoted investments 97.48 ----------- Other net assets 2.52 ───────

Net assets attributable to unitholders 100.00 ═══════

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