Unaudited Semi-Annual Report Credit Suisse Index Fund (CH) Umbrella

Transcription

1 Unaudited Semi-Annual Report Credit Suisse Index Fund (CH) Umbrella Umbrella Fund under Swiss Law of the Other Funds for Traditional Investments Type August 31, 2016

2

3 Credit Suisse Index Fund (CH) Umbrella Unaudited Semi-Annual Report as at August 31, 2016 Contents Management and statutory bodies 4 Equities CSIF (CH) Switzerland Total Market Index Blue (previously CSIF Switzerland Total Market Index Blue) 5 CSIF (CH) Switzerland Large Cap Index Blue (previously CSIF Switzerland Large Cap Index Blue) 15 CSIF (CH) Switzerland Small & Mid Cap Index (previously CSIF Switzerland Small & Mid Cap Index) 21 CSIF (CH) Europe ex CH Index Blue (previously CSIF Europe ex CH Index Blue) 31 Bonds CSIF (CH) Switzerland Bond Index AAA-AA Blue (previously CSIF Switzerland Bond Index AAA-AA Blue) 43 CSIF (CH) Switzerland Bond Index AAA-BBB Blue (previously CSIF Switzerland Bond Index AAA-BBB Blue) 57 CSIF (CH) Switzerland Bond Index Foreign AAA-BBB Blue ( previously CSIF Switzerland Bond Index Foreign AAA-BBB Blue) 79 CSIF (CH) Switzerland Bond Index AAA-BBB 1-5 Y Blue ( previously CSIF Switzerland Bond Index AAA-BBB 1-5 Y Blue) 91 Notes to the Semi-Annual Report 104 3

4 Credit Suisse Index Fund (CH) Umbrella Unaudited Semi-Annual Report as at August 31, 2016 Management and Statutory Bodies Management Company Credit Suisse Funds AG, Zurich Board of Directors Dr. Thomas Schmuckli, Chairman Luca Diener, Vice President, Managing Director, Credit Suisse AG, Zurich Ruth Bültmann, Member Adam Milenkovic, Member, Managing Director, Credit Suisse AG, Zurich Petra Reinhard Keller, Member, Managing Director, Credit Suisse AG, Zurich Jürg Roth, Member, Managing Director, Credit Suisse AG, Zurich Christian Schärer, Member, Managing Director, Credit Suisse AG, Zurich Dr. Christoph Zaborowski, Member Executive Board Thomas Schärer, Chief Executive Officer Patrick Tschumper, Deputy CEO and Head Fund Solutions Michael Bünzli, Member, Legal Counsel Thomas Federer, Member, Performance & Risk Management Tim Gutzmer, Member, Fund Services Hans Christoph Nickl, Member, COO Thomas Vonaesch, Member, Real Estate Fund Management Gabriele Wyss, Member, Compliance Custodian Bank Credit Suisse AG, Zurich Audit Company KPMG AG, Zurich Information on third parties Delegation of investment decisions Investment decisions in respect of all subfunds have been delegated to Credit Suisse AG, Zurich. Delegation of other specific duties The fund management company has delegated various specific tasks in connection with the administration of the fund to the following group companies of Credit Suisse Group AG: Credit Suisse AG, Switzerland: specific tasks include providing legal and tax advice, managing the fund management company s finances, real estate portfolio management and administration, facility management, human resources, the Management Information System (MIS), project and user support for fund accounting, risk management, and monitoring of the investment guidelines. Credit Suisse Fund Services (Luxembourg) S.A., Luxembourg: specific tasks relating to fund accounting. Credit Suisse (Poland) Sp.z.o.o., Poland: specific tasks in the areas of product master data, price publication, fact sheet production, KIID production, preparation of reports, and other support tasks relating to risk management. Precise details on how the tasks are to be fulfilled are laid down in an agreement between the fund management company and the specified group companies. Further specific tasks may be delegated to the group companies specified. 4

5 CSIF (CH) Switzerland Total Market Index Blue (previously CSIF Switzerland Total Market Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Highlights Key figures Consolidation Total net assets in millions CHF Unit class DA Total net assets in millions CHF Net asset value per unit CHF Unit class FA Total net assets in millions CHF Net asset value per unit CHF Unit class ZA Total net assets in millions CHF Net asset value per unit CHF Exchange rates Exchange rates as at EURO SWISS FRANC US DOLLAR

6 CSIF (CH) Switzerland Total Market Index Blue (previously CSIF Switzerland Total Market Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Assets as at August 31, 2016 Consolidation CHF CHF Assets Bank deposits, including fiduciary investments with third-party banks, divided into: Sight deposits Securities, including securities loaned and pledged, divided into: Shares and other equity instruments and rights Other assets Total fund assets minus: Other liabilities Net assets Number of units in circulation Consolidation CHF CHF Changes in net assets Net assets at beginning of review period Ordinary annual distribution / Delivery withholding tax Issue of units Redemption of units Other items from unit transactions Total income Net assets at end of review period Changes in units in circulation Number at beginning of the review period Number of units issued Number of units redeemed Number at the end of the review period Net asset value per unit Off-balance-sheet business Equivalent As % of Equivalent As % of underlying value net fund underlying value net fund in fund currency assets in fund currency assets Exposure-increasing derivative positions: Market risk (risk of change in share price) Total exposure-increasing positions Exposure-reducing derivative positions: Market risk (risk of change in share price) Total exposure-reducing positions

7 CSIF (CH) Switzerland Total Market Index Blue (previously CSIF Switzerland Total Market Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Unit class DA Unit class FA Unit class ZA CHF CHF CHF CHF CHF CHF (CHF) (CHF) (CHF) (CHF) (CHF) (CHF)

8 CSIF (CH) Switzerland Total Market Index Blue (previously CSIF Switzerland Total Market Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Statement of income from March 1, 2016 to August 31, 2016 Consolidation CHF CHF Income Income from bank balances Securities income, divided into: Shares and other equity instruments and rights, including bonus shares Current net income paid in upon the issue of units Total income minus Interest due Negative interest Statutory remuneration to: Management Company Current net income paid out upon the redemption of units Net income Realized capital gains Realized capital losses Realized income Unrealized capital gains/losses Total income

9 CSIF (CH) Switzerland Total Market Index Blue (previously CSIF Switzerland Total Market Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Unit class DA Unit class FA Unit class ZA CHF CHF CHF CHF CHF CHF

10 CSIF (CH) Switzerland Total Market Index Blue (previously CSIF Switzerland Total Market Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Composition of portfolio, and changes in holdings Description Purchases 1 Disposals Market value % of Number/ number/ CHF total Nominal value nominal value assets Securities traded on an exchange Shares Banks and other financial institutions BANK COOP BANK LINTH (reg. shares) BANQUE CANTONALE DE GENEVE BANQUE CANTONALE DU JURA BANQUE CANTONALE VAUDOISE BANQUE PROFIL DE GESTION BASELLANDSCHAFTLICHE KANTONALBANK BASLER KANTONALBANK BELLEVUE GROUP (reg. shares) BERNER KANTONALBANK CANTONAL BANK OF SAINT GALL CEMBRA MONEY (reg. shares) CS GROUP (reg. shares) EFG INTERNATIONAL (rights) GAM HOLDING (reg. shares) GLARNER KANTONALBANK (reg. shares) GRAUBUENDNER KANTONALBANK HYPOTHEKARBANK LENZBURG JULIUS BAER GRUPPE LIECHTENSTEINISCHE LB LUZERNER KANTONALBANK SOCIETE GENERALE DE SURVEILLANCE HOLDING (reg. sha SWISS NATIONAL BANK (reg. shares) THURGAUER KANTONALBANK VERWALTUNGS- UND PRIVAT-BANK VERWALTUNGS- UND PRIVAT-BANK -A VONTOBEL HOLDING WALLISER KANTONALBANK ZUGER KANTONALBANK Building materials and construction FORBO HOLDING (reg. shares) IMPLENIA LAFARGEHOLCIM (reg. shares) Mining, coal and steel SCHMOLZ + BICKENBACH Biotechnology BACHEM HOLDING -B KUROS BIOSCIENCES (reg. shares) KUROS BIOSCIENECES MOLECULAR PARTNERS Chemicals CLARIANT (reg. shares) CPH CHEMIE & PAPIER HOLDING EMS-CHEMIE HOLDING GURIT-HEBERLEIN LONZA GROUP (reg. shares) SIEGFRIED HOLDING (reg. shares) SYNGENTA (reg. shares) Computer hardware and network providers LOGITECH INTERNATIONAL (reg. shares) SHL TELEMEDICINE (reg. shares) Retail trade and stores DUFRY VALORA HOLDING (reg. shares) VILLARS HOLDING (reg. shares) Non-classified/classified institutions CASSIOPEA SPA Service industries ADECCO (reg. shares) BOSSARD HOLDING (reg. shares) DKSH HOLDING (reg. shares) Miscellaneous trading companies LIFE WATCH Electrical appliances and components ABB (reg. shares) ACCU HOLDING (reg. shares) ACCU HOLDING (rights) BELIMO HOLDING (reg. shares) COMET HOLDING (reg. shares) HUBER + SUHNER (reg. shares) LECLANCHE (reg. shares) SONOVA HOLDING (reg. shares) Electronics and semiconductors AIROPACK TECHNOLOGY GROUP (reg. shares) ALSO HOLDING

11 CSIF (CH) Switzerland Total Market Index Blue (previously CSIF Switzerland Total Market Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Description Purchases 1 Disposals Market value % of Number/ number/ CHF total Nominal value nominal value assets AMS CARLO GAVAZZI HOLDING CICOR TECHNOLOGIES (reg. shares) ELMA ELECTRONIC (reg. shares) KABA KUDELSKI LEM HOLDING PHOENIX MECANO Energy and water supply BKW REPOWER PS ROMANDE ENERGIE HOLDING (reg. shares) Petroleum TRANSOCEAN (reg. shares) Vehicles BUCHER INDUSTRIES Aircraft and aerospace ANTONEUM HOLDING (reg. shares) Forestry, paper and forest products CHAM PAPER Hotel and catering industry, leisure facilities ESCOR CASINOS & ENTERTAINMENT Graphics publishing and printing media APG SGA (reg. shares) ORELL FUESSLI HOLDING (reg. shares) TAMEDIA (reg. shares) Holding and finance companies AEVIS VICTORIA AIRESIS (reg. shares) ASCOM HOLDING (reg. shares) BRAVOFLY RUMBO GROUP BURCKHARDT COMPRESSION HOLDING BURKHALTER HOLDING (reg. shares) CHARLES VOEGELE HOLDING CIE FINANCIERE RICHEMONT (reg. shares) COLTENE HOLDING (reg. shares) COMPAGNIE FINANCIERE TRADITION DAETWYLER HOLDING EFG INTERNATIONAL GATEGROUP HOLDING (reg. shares) GEBERIT GOLDBACH MEDIA (reg. shares) GOTTEX FUND MANAGEMENT (rights) GOTTEX FUND MANAGEMENT HOLDINGS HIAG IMMOBILIEN HOLDING (reg shares) HOCHDORF HOLDING (reg. shares) INFICON HOLDING (reg. shares) INVESTIS HOLDING LEONTEQ LOOSER HOLDING (reg. shares) MCH GROUP (reg. shares) METALL ZUG (reg. shares) -B MEYER BURGER TECHNOLOGY (reg. shares) MOBILEZONE HOLDING (reg. shares) MOBIMO HOLDING MYRIAD GROUP (reg. shares) OC OERLIKON CORPORATION (reg. shares) ORASCOM DEVELOPMENT HOLDING ORIOR (reg. shares) OZ HOLDING PARGESA HOLDING PARTNERS GROUP PRIVATE EQUITY HOLDING (reg. shares) RELIEF THERAPEUTICS RIETER HOLDING (reg. shares) SCHAFFNER HOLDING (reg. shares) SFS GROUP (reg. shares) SIKA SPICE PRIVATE EQUITY (reg. shares) TECAN GROUP (reg. shares) TORNOS HOLDING (reg. shares) U-BLOX HOLDING UBS GROUP USI GROUP HOLDINGS VALIANT HOLDING (reg. shares) VAT GROUP VON ROLL HOLDING (rigths) VON ROLL HOLDING VZ HOLDING WISEKEY INTERNATIONAL HOLDING -B Real estate ALLREAL HOLDING (reg. shares) B ZUG ESTATES HOLDING AG

12 CSIF (CH) Switzerland Total Market Index Blue (previously CSIF Switzerland Total Market Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Description Purchases 1 Disposals Market value % of Number/ number/ CHF total Nominal value nominal value assets BFW LIEGENSCHAFTEN (reg. shares) INTERSHOP HOLDING (reg. shares) PAX-ANLAGE (reg. shares) PEACH PROPERTY (reg. shares) PLAZZA -A PSP SWISS PROPERTY (reg. shares) SWISS FINANCE & PROPERTY INVESTMENT (reg. shares) SWISS PRIME SITE WARTECK INVEST (reg. shares) ZUEBLIN REAL ESTATE HOLDING ZUEBLIN REAL ESTATE HOLDING Internet, software and services CREALOGIX HOLDING (reg. shares) SWISSQUOTE GROUP HOLDING TEMENOS GROUP Mechanical engineering and industrial equipment ADVAL TECH HOLDING (reg. shares) AFG ARBONIA-FORSTER-HOLDING (reg. shares) BOBST GROUP CONZZETA (reg. shares) FEINTOOL INTERNATIONAL HOLDING (reg. shares) GEORG FISCHER (reg. shares) INTERROLL HOLDING (reg. shares) KARDEX (reg. shares) KOMAX HOLDING (reg. shares) MIKRON HOLDING (reg. shares) SCHINDLER HOLDING SCHINDLER HOLDING (part. cert.) SCHLATTER INDUSTRIES SCHWEITER TECHNOLOGIES STARRAG GROUP HOLDING (reg. shares) SULZER (reg. shares) WALTER MEIER (reg. shares) ZEHNDER GROUP (reg. shares) -A ZWAHLEN ET MAYR Food and soft drinks ARYZTA BARRY CALLEBAUT (reg. shares) BELL (reg. shares) BELL (reg. shares) CHOCOLADEFABRIKEN LINDT & SPRUENGLI EMMI (reg. shares) GROUPE MINOTERIES (reg. shares) HUEGLI HOLDING LINDT & SPRUENGLI NESTLE (reg. shares) Pharmaceuticals, cosmetics and medical products ACTELION (reg. shares) ADDEX THERAPEUTICS BASILEA PHARMACEUTICA (reg. shares) COSMO PHARMACEUTICALS COSMO PHARMACEUTICALS EVOLVA HOLDINGS GALENICA GIVAUDAN (reg. shares) IVF HARTMANN HOLDING AG NEWRON PHARMACEUTICALS NOVARTIS (reg. shares) ROCHE HOLDINGS (cert. shares) SANTHERA PHARMACEUTICALS HOLDING STRAUMANN HOLDING (reg. shares) YPSOMED Telecommunications SUNRISE COMMUNICATIONS GROUP SWISSCOM (reg. shares) Textiles, apparel and leather goods CALIDA HOLDING (reg. shares) Watch and clock industry, jewellery THE SWATCH GROUP THE SWATCH GROUP (reg. shares) Environmental services and recycling EDISUN POWER EUROPE (reg. shares) Circulation and transport BVZ HOLDING (reg. shares) FLUGHAFEN ZUERICH FLUGHAFEN ZUERICH JUNGFRAUBAHN HOLDING (reg. shares) KUEHNE & NAGEL INTERNATIONAL KUONI REISEN HOLDING KUONI REISEN HOLDING (reg. shares) -B PANALPINA WELTTRANSPORT TITLISBAHNEN (reg. shares)

13 CSIF (CH) Switzerland Total Market Index Blue (previously CSIF Switzerland Total Market Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Description Purchases 1 Disposals Market value % of Number/ number/ CHF total Nominal value nominal value assets Packaging industry VETROPACK HOLDING Insurance BALOISE-HOLDING (reg. shares) HELVETIA HOLDING SWISS LIFE HOLDING (reg. shares) SWISS REINSURANCE VAUDOISE VERSICHERUNGEN HOLDING (reg. shares) ZURICH INSURANCE GROUP (reg. shares) Total shares Total securities traded on an exchange Securities without market Banks and other financial institutions BELLEVUE GROUP (rights) Service industries LIFE WATCH (rights) Total securities without market Other investments Financial Futures Index SMI INDEX 21/03/ SMI INDEX 20/06/ SMI INDEX 19/09/ SMI MID 18/03/ SMI MID 20/06/ SMI MID 16/09/ Total Financial Futures Total other investments Total investments Cash at banks Other assets Total assets Other liabilities Net assets Inclusive of purchases/sales and corporate actions In accordance with 18 of the fund contract the following units have been issued or redeemed during the reporting period against transfer of assets instead of cash: Class Date Units Currency NAV Issue Redemption FA CHF ZA CHF

14 CSIF (CH) Switzerland Total Market Index Blue (previously CSIF Switzerland Total Market Index Blue) Unaudited Semi-Annual Report as at August 31,

15 CSIF (CH) Switzerland Large Cap Index Blue (previously CSIF Switzerland Large Cap Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Highlights Key figures Consolidation Total net assets in millions CHF Unit class DA Total net assets in millions CHF Net asset value per unit CHF Unit class FA Total net assets in millions CHF Net asset value per unit CHF Unit class ZA Total net assets in millions CHF Net asset value per unit CHF Exchange rates Exchange rates as at EURO SWISS FRANC US DOLLAR

16 CSIF (CH) Switzerland Large Cap Index Blue (previously CSIF Switzerland Large Cap Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Assets as at August 31, 2016 Consolidation CHF CHF Assets Bank deposits, including fiduciary investments with third-party banks, divided into: Sight deposits Securities, including securities loaned and pledged, divided into: Shares and other equity instruments and rights Other assets Total fund assets minus: Other liabilities Net assets Number of units in circulation Consolidation CHF CHF Changes in net assets Net assets at beginning of review period Ordinary annual distribution / Delivery withholding tax Issue of units Redemption of units Other items from unit transactions Total income Net assets at end of review period Changes in units in circulation Number at beginning of the review period Number of units issued Number of units redeemed Number at the end of the review period Net asset value per unit Off-balance-sheet business Equivalent As % of Equivalent As % of underlying value net fund underlying value net fund in fund currency assets in fund currency assets Exposure-increasing derivative positions: Market risk (risk of change in share price) Total exposure-increasing positions Exposure-reducing derivative positions: Market risk (risk of change in share price) Total exposure-reducing positions

17 CSIF (CH) Switzerland Large Cap Index Blue (previously CSIF Switzerland Large Cap Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Unit class DA Unit class FA Unit class ZA CHF CHF CHF CHF CHF CHF (CHF) (CHF) (CHF) (CHF) (CHF) (CHF)

18 CSIF (CH) Switzerland Large Cap Index Blue (previously CSIF Switzerland Large Cap Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Statement of income from March 1, 2016 to August 31, 2016 Consolidation CHF CHF Income Income from bank balances Securities income, divided into: Shares and other equity instruments and rights, including bonus shares Current net income paid in upon the issue of units Total income minus Interest due Negativzins Statutory remuneration to: Management Company Current net income paid out upon the redemption of units Net income Realized capital gains Realized capital losses Realized income Unrealized capital gains/losses Total income

19 CSIF (CH) Switzerland Large Cap Index Blue (previously CSIF Switzerland Large Cap Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Unit class DA Unit class FA Unit class ZA CHF CHF CHF CHF CHF CHF

20 CSIF (CH) Switzerland Large Cap Index Blue (previously CSIF Switzerland Large Cap Index Blue) Unaudited Semi-Annual Report as at August 31, 2016 Composition of portfolio, and changes in holdings Description Purchases 1 Disposals Market value % of Number/ number/ CHF total Nominal value nominal value assets Securities traded on an exchange Shares Banks and other financial institutions CS GROUP (reg. shares) JULIUS BAER GRUPPE SOCIETE GENERALE DE SURVEILLANCE HOLDING (reg. shares) Building materials and construction LAFARGEHOLCIM (reg. shares) Chemicals SYNGENTA (reg. shares) Service industries ADECCO (reg. shares) Electrical appliances and components ABB (reg. shares) Petroleum TRANSOCEAN (reg. shares) Holding and finance companies CIE FINANCIERE RICHEMONT (reg. shares) GEBERIT UBS GROUP Food and soft drinks NESTLE (reg. shares) Pharmaceuticals, cosmetics and medical products ACTELION (reg. shares) GIVAUDAN (reg. shares) NOVARTIS (reg. shares) ROCHE HOLDINGS (cert. shares) Telecommunications SWISSCOM (reg. shares) Watch and clock industry, jewellery THE SWATCH GROUP Insurance SWISS LIFE HOLDING (reg. shares) SWISS REINSURANCE ZURICH INSURANCE GROUP (reg. shares) Total shares Total securities traded on an exchange Other investments Financial Futures Index SMI INDEX 21/03/ SMI INDEX 20/06/ SMI INDEX 19/09/ Total Financial Futures Total other investments Total investments Cash at banks Other assets Total assets Due to banks Other liabilities Net assets Inclusive of purchases/sales and corporate actions 20

21 CSIF (CH) Switzerland Small & Mid Cap Index (previously CSIF Switzerland Small & Mid Cap Index) Unaudited Semi-Annual Report as at August 31, 2016 Highlights Key figures Consolidation Total net assets in millions CHF Unit class DA Total net assets in millions CHF Net asset value per unit CHF Unit class FA Total net assets in millions CHF Net asset value per unit CHF Unit class ZA Total net assets in millions CHF Net asset value per unit CHF Exchange rates Exchange rates as at EURO SWISS FRANC US DOLLAR

22 CSIF (CH) Switzerland Small & Mid Cap Index (previously CSIF Switzerland Small & Mid Cap Index) Unaudited Semi-Annual Report as at August 31, 2016 Assets as at August 31, 2016 Consolidation CHF CHF Assets Bank deposits, including fiduciary investments with third-party banks, divided into: Sight deposits Securities, including securities loaned and pledged, divided into: Shares and other equity instruments and rights Other assets Total fund assets minus: Other liabilities Net assets Number of units in circulation Consolidation CHF CHF Changes in net assets Net assets at beginning of review period Ordinary annual distribution / Delivery withholding tax Issue of units Redemption of units Other items from unit transactions Total income Net assets at end of review period Changes in units in circulation Number at beginning of the review period Number of units issued Number of units redeemed Number at the end of the review period Net asset value per unit Off-balance-sheet business Equivalent As % of Equivalent As % of underlying value net fund underlying value net fund in fund currency assets in fund currency assets Exposure-increasing derivative positions: Market risk (risk of change in share price) Total exposure-increasing positions Exposure-reducing derivative positions: Market risk (risk of change in share price) Total exposure-reducing positions Volume of securities lent and income from lending commissions Volume of securities lent Income from commissions

23 CSIF (CH) Switzerland Small & Mid Cap Index (previously CSIF Switzerland Small & Mid Cap Index) Unaudited Semi-Annual Report as at August 31, 2016 Unit class DA Unit class FA Unit class ZA CHF CHF CHF CHF CHF CHF (CHF) (CHF) (CHF) (CHF) (CHF) (CHF)

24 CSIF (CH) Switzerland Small & Mid Cap Index (previously CSIF Switzerland Small & Mid Cap Index) Unaudited Semi-Annual Report as at August 31, 2016 Statement of income from March 1, 2016 to August 31, 2016 Consolidation CHF CHF Income Income from bank balances Securities income, divided into: Shares and other equity instruments and rights, including bonus shares Substitute payments Securities Lending Current net income paid in upon the issue of units Total income minus Interest due Negative interest Statutory remuneration to: Management Company Current net income paid out upon the redemption of units Net income Realized capital gains Realized capital losses Realized income Unrealized capital gains/losses Total income

25 CSIF (CH) Switzerland Small & Mid Cap Index (previously CSIF Switzerland Small & Mid Cap Index) Unaudited Semi-Annual Report as at August 31, 2016 Unit class DA Unit class FA Unit class ZA CHF CHF CHF CHF CHF CHF

26 CSIF (CH) Switzerland Small & Mid Cap Index (previously CSIF Switzerland Small & Mid Cap Index) Unaudited Semi-Annual Report as at August 31, 2016 Composition of portfolio, and changes in holdings Description Purchases 1 Disposals Market value % of Number/ number/ CHF total Nominal value nominal value assets Securities traded on an exchange Shares Banks and other financial institutions BANK COOP BANK LINTH (reg. shares) BANQUE CANTONALE DE GENEVE BANQUE CANTONALE DU JURA BANQUE CANTONALE VAUDOISE BASELLANDSCHAFTLICHE KANTONALBANK BASLER KANTONALBANK BELLEVUE GROUP (reg. shares) BERNER KANTONALBANK CANTONAL BANK OF SAINT GALL CEMBRA MONEY (reg. shares) EFG INTERNATIONAL (rights) GAM HOLDING (reg. shares) GLARNER KANTONALBANK (reg. shares) GRAUBUENDNER KANTONALBANK HYPOTHEKARBANK LENZBURG LIECHTENSTEINISCHE LB LUZERNER KANTONALBANK SWISS NATIONAL BANK (reg. shares) THURGAUER KANTONALBANK VERWALTUNGS- UND PRIVAT-BANK VERWALTUNGS- UND PRIVAT-BANK -A VONTOBEL HOLDING WALLISER KANTONALBANK ZUGER KANTONALBANK Building materials and construction FORBO HOLDING (reg. shares) IMPLENIA PEACH PROPERTY (reg. shares) Mining, coal and steel SCHMOLZ + BICKENBACH Biotechnology BACHEM HOLDING -B KUROS BIOSCIENCES (reg. shares) KUROS BIOSCIENECES MOLECULAR PARTNERS Chemicals CLARIANT (reg. shares) CPH CHEMIE & PAPIER HOLDING EMS-CHEMIE HOLDING GURIT-HEBERLEIN LONZA GROUP (reg. shares) SIEGFRIED HOLDING (reg. shares) Computer hardware and network providers LOGITECH INTERNATIONAL (reg. shares) SHL TELEMEDICINE (reg. shares) Retail trade and stores DUFRY VALORA HOLDING (reg. shares) VILLARS HOLDING (reg. shares) Non-classified/classified institutions CASSIOPEA SPA Service industries BOSSARD HOLDING (reg. shares) DKSH HOLDING (reg. shares) Miscellaneous trading companies LIFE WATCH Electrical appliances and components BELIMO HOLDING (reg. shares) COMET HOLDING (reg. shares) HUBER + SUHNER (reg. shares) LECLANCHE (reg. shares) SONOVA HOLDING (reg. shares) Electronics and semiconductors AIROPACK TECHNOLOGY GROUP (reg. shares) ALSO HOLDING AMS CARLO GAVAZZI HOLDING CICOR TECHNOLOGIES (reg. shares) ELMA ELECTRONIC (reg. shares) KABA KUDELSKI LEM HOLDING PHOENIX MECANO

27 CSIF (CH) Switzerland Small & Mid Cap Index (previously CSIF Switzerland Small & Mid Cap Index) Unaudited Semi-Annual Report as at August 31, 2016 Description Purchases 1 Disposals Market value % of Number/ number/ CHF total Nominal value nominal value assets Energy and water supply BKW REPOWER PS ROMANDE ENERGIE HOLDING (reg. shares) Vehicles BUCHER INDUSTRIES Aircraft and aerospace ANTONEUM HOLDING (reg. shares) Forestry, paper and forest products CHAM PAPER Graphics publishing and printing media APG SGA (reg. shares) ORELL FUESSLI HOLDING (reg. shares) TAMEDIA (reg. shares) Holding and finance companies AEVIS VICTORIA AIRESIS (reg. shares) ASCOM HOLDING (reg. shares) BRAVOFLY RUMBO GROUP BURCKHARDT COMPRESSION HOLDING BURKHALTER HOLDING (reg. shares) CHARLES VOEGELE HOLDING COLTENE HOLDING (reg. shares) COMPAGNIE FINANCIERE TRADITION DAETWYLER HOLDING EFG INTERNATIONAL GATEGROUP HOLDING (reg. shares) GOLDBACH MEDIA (reg. shares) GOTTEX FUND MANAGEMENT (rights) GOTTEX FUND MANAGEMENT HOLDINGS HIAG IMMOBILIEN HOLDING (reg shares) HOCHDORF HOLDING (reg. shares) INFICON HOLDING (reg. shares) INVESTIS HOLDING LEONTEQ LOOSER HOLDING (reg. shares) MCH GROUP (reg. shares) METALL ZUG (reg. shares) -B MEYER BURGER TECHNOLOGY (reg. shares) MOBILEZONE HOLDING (reg. shares) MOBIMO HOLDING MYRIAD GROUP (reg. shares) OC OERLIKON CORPORATION (reg. shares) ORASCOM DEVELOPMENT HOLDING ORIOR (reg. shares) OZ HOLDING PARGESA HOLDING PARTNERS GROUP PRIVATE EQUITY HOLDING (reg. shares) RELIEF THERAPEUTICS RIETER HOLDING (reg. shares) SCHAFFNER HOLDING (reg. shares) SFS GROUP (reg. shares) SIKA SPICE PRIVATE EQUITY (reg. shares) TECAN GROUP (reg. shares) TORNOS HOLDING (reg. shares) U-BLOX HOLDING USI GROUP HOLDINGS VALIANT HOLDING (reg. shares) VAT GROUP VON ROLL HOLDING (rigths) VON ROLL HOLDING VZ HOLDING WISEKEY INTERNATIONAL HOLDING -B Real estate ALLREAL HOLDING (reg. shares) B ZUG ESTATES HOLDING AG BFW LIEGENSCHAFTEN (reg. shares) INTERSHOP HOLDING (reg. shares) PAX-ANLAGE (reg. shares) PLAZZA -A PSP SWISS PROPERTY (reg. shares) SWISS FINANCE & PROPERTY INVESTMENT (reg. shares) SWISS PRIME SITE WARTECK INVEST (reg. shares) ZUEBLIN REAL ESTATE HOLDING ZUEBLIN REAL ESTATE HOLDING Internet, software and services CREALOGIX HOLDING (reg. shares) SWISSQUOTE GROUP HOLDING TEMENOS GROUP