SKANDIA GLOBAL FUNDS PLC - Fidelity Investments

Skandia Global Funds plc
Annual Report and Audited Financial Statements for the year ended 31 December 2011
PORTFOLIO OF INVESTMENTS - Skandia Global Equity Fund (continued)
Nominal Security Description Value USD % Net Assets
France - 4.27% (2010 - 4.87%) (continued)
54,821 Vivendi SA 1,191,134 0.39%
12,879,608 4.27%
Germany - 5.32% (2010 - 2.93%)
17,916 Allianz SE 1,705,200 0.56%
24,714 BASF SE 1,702,216 0.56%
29,381 Bayer AG 1,855,278 0.62%
11,671 Bayerische Motoren Werke AG 774,265 0.26%
14,605 Continental AG 899,189 0.30%
55,572 E.ON AG 1,181,210 0.39%
10,180 Fresenius SE & Co KGaA 940,328 0.31%
15,419 Henkel AG & Co KGaA 889,561 0.29%
14,879 Lanxess AG 756,773 0.25%
6,605 Linde AG 976,681 0.32%
18,325 SAP AG 967,604 0.32%
8,428 Siemens AG 803,028 0.27%
30,248 Suedzucker AG 963,035 0.32%
11,201 Volkswagen AG 1,664,260 0.55%
16,078,628 5.32%
Guernsey C.I. - 0.27% (2010 - –%)
211,973 Resolution Ltd 818,895 0.27%
818,895 0.27%
Hong Kong - 1.09% (2010 - 1.91%)
267,000 AIA Group Ltd 833,520 0.28%
354,000 Galaxy Entertainment Group Ltd 648,943 0.21%
20,800 Jardine Matheson Holdings Ltd 978,641 0.32%
185,800 Wharf Holdings Ltd 839,549 0.28%
3,300,653 1.09%
India - 0.54% (2010 - 0.97%)
35,589 HDFC Bank Ltd 920,332 0.30%
164,202 Yes Bank Ltd 738,391 0.24%
1,658,723 0.54%
Indonesia - 0.33% (2010 - 0.24%)
1,339,000 Bank Rakyat Indonesia Persero Tbk PT 996,738 0.33%
996,738 0.33%
Ireland - 0.71% (2010 - 0.63%)
13,637 Accenture PLC 734,216 0.24%
31,371 Covidien PLC 1,413,264 0.47%
2,147,480 0.71%
Israel - 0.45% (2010 - 0.27%)
32,846 Teva Pharmaceutical Industries Ltd ADR 1,341,103 0.45%
1,341,103 0.45%
Italy - 0.27% (2010 - 0.25%)
179,400 Prada SpA 811,785 0.27%
811,785 0.27%
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