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
United States - 51.01% (2010 - 46.21%) (continued)
29,699 Prudential Financial Inc 1,494,157 0.48%
23,213 QUALCOMM Inc 1,273,233 0.42%
22,966 Ross Stores Inc 1,115,229 0.37%
18,863 Ryder System Inc 1,008,605 0.33%
23,045 SanDisk Corp 1,139,114 0.37%
28,584 Starwood Hotels & Resorts Worldwide Inc 1,386,895 0.45%
22,750 State Street Corp 927,745 0.31%
16,376 Tech Data Corp 821,748 0.27%
12,971 Towers Watson & Co 779,168 0.26%
43,510 Tyson Foods Inc 907,619 0.30%
12,190 United Technologies Corp 899,866 0.30%
23,380 UnitedHealth Group Inc 1,196,588 0.40%
47,986 US Bancorp 1,310,018 0.43%
36,649 Valero Energy Corp 760,467 0.25%
7,127 VF Corp 917,031 0.30%
15,993 Viacom Inc 735,038 0.24%
25,127 Wal-Mart Stores Inc 1,507,369 0.50%
12,094 Watson Pharmaceuticals Inc 733,017 0.24%
15,610 Weight Watchers International Inc 873,848 0.29%
123,211 Wells Fargo & Co 3,420,337 1.14%
154,146,647 51.01%
Financial Assets at Fair Value Through Profit or Loss 295,744,872 97.95%
(Cost USD 274,085,743) (2010: USD 292,296,637 )
Cash at Bank 5,951,971 1 .97%
Other Net Assets 234,017 0.08%
Net Asset Value as at 31 December 2011 301,930,860 100.00%
Total assets comprised as follows;
Transferable securities and money market instruments admitted to an
official stock exchange listing or traded on a regulated market 97.74%
Transferable securities and money market instruments other than those
admitted to an official exchange listing or traded on another regulated
market 0.00%
Collective Investment Schemes 0.00%
Exchange traded financial derivative instruments 0.00%
OTC financial derivative instruments 0.00%
Other current assets 2.26%
100.00%
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