有価証券報告書(内国投資信託受益証券)-第4期(平成30年11月21日-令和1年11月20日)

キャピタル・グループ・エマージング・マーケッツ・トータル・オポチュニティーズ(LUX)
「キャピタル・エマージング・ストラテジー・マザーファンド(米ドル売り円買い)」は、円建ての「キャピタル・グループ・エマージング・マーケッツ・トータル・オポチュニティーズ(LUX)(クラスCfdh‐JPY)」(ルクセンブルク籍外国投資法人(以下、当外国投資法人といいます。)の発行する外国投資証券)を主な投資対象としております。
当外国投資法人を含むアンブレラファンド(CIP)については、2018年3月31日付けで、ルクセンブルクにおいて一般に公正妥当と認められる会計原則に準拠した財務書類が作成されております。この財務書類は独立監査人であるプライスウォーターハウスクーパース・ソシエテ・コオペラティブの監査を受けております。以下の「投資明細表」及び「損益および純資産変動計算書」は、原文の財務書類から委託会社が抜粋・翻訳したものでありますが、これらは監査意見の対象外であります。

キャピタル・グループ・エマージング・マーケッツ・トータル・オポチュニティーズ(LUX)

投資明細表

2018年3月31日現在

投資銘柄	通貨	数量/額面	評価額 (USD)	投資比率 (%)
公的取引所に上場している譲渡可能な有価証券と短期金融商品
債券
Argentina
Argentina Government Bond 6.875% 22/04/2021	USD	21,730,000	23,074,544	0.86
Argentina Government Bond 4.625% 11/01/2023	USD	21,820,000	21,061,973	0.78
Argentina Government Bond 3.375% 15/01/2023	EUR	9,000,000	10,984,350	0.41
Argentina Government Bond 7.5% 22/04/2026	USD	25,520,000	27,319,160	1.01
Argentina Government Bond, FRN 27.25% 21/06/2020	ARS	250,023,000	13,199,732	0.49
Argentina Treasury Bill 0% 13/04/2018	USD	5,000,000	4,995,360	0.19
Argentina Treasury Bill 0% 13/04/2018	USD	7,600,000	7,594,566	0.28
Argentina Treasury Bill 0% 27/04/2018	USD	3,637,616	3,629,412	0.13
Argentina Treasury Bill 0% 24/05/2018	USD	20,769,403	20,684,513	0.77
Argentina Treasury Bill 0% 11/05/2018	USD	526,000	524,655	0.02
Argentina Treasury Bill 0% 15/06/2018	USD	18,902,652	18,791,688	0.70
Argentina Treasury Bill 0% 29/06/2018	USD	9,144,688	9,080,917	0.34
Argentina Treasury Bill 0% 13/07/2018	USD	24,381,316	24,191,301	0.90
Argentina Treasury Bill 0% 27/07/2018	USD	10,549,668	10,476,699	0.39
Argentina Treasury Bill 0% 10/08/2018	USD	5,902,297	5,859,561	0.22
Argentina Treasury Bill 0% 14/09/2018	ARS	281,584,500	14,018,332	0.52
Argentina Treasury BONCER 2.5% 22/07/2021	ARS	218,000,000	15,146,122	0.56
Argentine Bonos del Tesoro 16% 17/10/2023	ARS	38,900,500	1,891,386	0.07
YPF SA, Reg. S 8.5% 28/07/2025	USD	3,270,000	3,617,699	0.13
			236,141,970	8.77
Armenia
Armenia Government Bond, Reg. S 6% 30/09/2020	USD	8,498,000	8,819,224	0.33
			8,819,224	0.33
Bahrain
Bahrain Government Bond, Reg. S 6.75% 20/09/2029	USD	29,329,000	27,466,022	1.02
Bahrain Government Bond, Reg. S 7.5% 20/09/2047	USD	2,200,000	2,013,000	0.07
			29,479,022	1.09
Brazil
Brazil Letras do Tesouro Nacional 0% 01/07/2020	BRL	3,000,000	772,614	0.03
Brazil Notas do Tesouro Nacional 6% 15/08/2018	BRL	4,435,000	4,167,245	0.15
Brazil Notas do Tesouro Nacional 100% 01/01/2021	BRL	10,500,000	33,424,272	1.24
Brazil Notas do Tesouro Nacional 10% 01/01/2025	BRL	63,600,000	20,009,129	0.74
Brazil Notas do Tesouro Nacional 10% 01/01/2027	BRL	7,400,000	2,316,088	0.09
BRAZIL NTNB, FRN 183.228% 15/08/2024	BRL	440,000	4,451,388	0.17
Cemig Geracao e Transmissao SA, Reg. S 9.25% 05/12/2024	USD	12,905,000	13,914,816	0.52
Vale Overseas Ltd. 6.25% 10/08/2026	USD	4,095,000	4,597,866	0.17
			83,653,418	3.11
Chile
Banco Santander Chile, Reg. S, FRN 3.91% 07/06/2018	USD	7,660,000	7,686,810	0.29
Emgesa SA ESP, Reg. S 8.75% 25/01/2021	COP	2,937,000,000	1,104,193	0.04
			8,791,003	0.33
China
Bank of China Ltd., Reg. S 1.875% 09/11/2019	USD	6,100,000	5,983,923	0.22
China Development Bank Corp., Reg. S, FRN 2.575% 06/03/2020	USD	5,725,000	5,731,526	0.21
ExportーImport Bank of China, Reg. S, FRN 2.647% 08/06/2020	USD	15,275,000	15,306,925	0.57
State Grid Overseas Investment 2014 Ltd., Reg. S 2.75% 07/05/2019	USD	8,000,000	7,984,921	0.30
			35,007,295	1.30
Colombia
Ecopetrol SA 5.875% 18/09/2023	USD	3,210,000	3,442,725	0.13
Ecopetrol SA 5.375% 26/06/2026	USD	8,026,000	8,383,157	0.31
			11,825,882	0.44
Dominican Republic
Dominican Republic Government Bond, Reg. S 5.5% 27/01/2025	USD	8,865,000	9,143,893	0.34
Dominican Republic Government Bond, Reg. S 6.875% 29/01/2026	USD	400,000	444,724	0.02
Dominican Republic Government Bond, Reg. S 5.95% 25/01/2027	USD	6,017,000	6,302,808	0.23
Dominican Republic Government Bond, Reg. S 6.85% 27/01/2045	USD	6,430,000	6,952,437	0.26
			22,843,862	0.85
Egypt
Arab Republic of Egypt 18.4% 30/05/2024	EGP	80,150,000	5,199,912	0.19
Arab Republic of Egypt 15.9% 09/09/2024	EGP	375,875,000	22,357,207	0.83
			27,557,119	1.02
Guatemala
Guatemala Government Bond, Reg. S 4.5% 03/05/2026	USD	2,300,000	2,283,325	0.09
Guatemala Government Bond, Reg. S 4.375% 05/06/2027	USD	3,150,000	3,071,250	0.11
			5,354,575	0.20
Honduras
Honduras Government Bond, Reg. S 8.75% 16/12/2020	USD	3,720,000	4,124,141	0.15
Honduras Government Bond, Reg. S 7.5% 15/03/2024	USD	1,920,000	2,121,600	0.08
Honduras Government Bond, Reg. S 6.25% 19/01/2027	USD	6,885,000	7,311,663	0.27
			13,557,404	0.50
Hungary
Hungary Government Bond 5.75% 22/11/2023	USD	17,940,000	19,851,507	0.74
			19,851,507	0.74
India
India Government Bond 8.6% 02/06/2028	INR	975,800,000	15,870,176	0.59
			15,870,176	0.59
Indonesia
Indonesia Government Bond, Reg. S 3.75% 25/04/2022	USD	1,300,000	1,304,623	0.05
Indonesia Government Bond, Reg. S 4.125% 15/01/2025	USD	14,600,000	14,743,722	0.55
Indonesia Government Bond, Reg. S 4.75% 08/01/2026	USD	8,330,000	8,721,435	0.32
			24,769,780	0.92
Kenya
Kenya Government Bond 12.5% 18/11/2024	KES	715,000,000	7,517,147	0.28
Kenya Government Bond, Reg. S 5.875% 24/06/2019	USD	10,375,000	10,664,058	0.40
			18,181,205	0.68
Mexico
Comision Federal de Electricidad 7.35% 25/11/2025	MXN	23,320,000	1,173,476	0.04
Mexican Bonos 8% 11/06/2020	MXN	84,000,000	4,697,254	0.17
Mexican Bonos 10% 05/12/2024	MXN	228,850,000	14,453,300	0.54
Mexican Bonos 5.75% 05/03/2026	MXN	93,500,000	4,675,000	0.17
Mexican Udibonos 4.5% 04/12/2025	MXN	7,300,000	2,568,933	0.10
Petroleos Mexicanos 7.47% 12/11/2026	MXN	194,000,000	9,452,719	0.35
Red de Carreteras de Occidente SAPIB de CV, Reg. S 9% 10/06/2028	MXN	73,470,000	3,915,507	0.15
			40,936,189	1.52
Netherlands
IHS Netherlands Holdco BV, Reg. S 9.5% 27/10/2021	USD	3,650,000	3,839,041	0.14
			3,839,041	0.14
Nigeria
Federal Republic of Nigeria 14.5% 15/07/2021	NGN	4,026,530,000	11,457,715	0.43
Federal Republic of Nigeria 16.288% 17/03/2027	NGN	1,715,000,000	5,393,198	0.20
			16,850,913	0.63
Pakistan
Pakistan Government Bond, Reg. S 7.25% 15/04/2019	USD	5,560,000	5,675,337	0.21
Second Pakistan International Sukuk Co. Ltd. (The), Reg. S 6.75% 03/12/2019	USD	24,220,000	24,774,783	0.92
Third Pakistan International Sukuk Co. Ltd. (The), Reg. S 5.5% 13/10/2021	USD	14,380,000	14,156,434	0.53
			44,606,554	1.66
Panama
ENA Norte Trust, Reg. S 4.95% 25/04/2028	USD	3,184,991	3,273,374	0.12
Panama Government Bond 7.125% 29/01/2026	USD	3,200,000	3,960,000	0.15
Panama Government Bond 4.5% 15/05/2047	USD	6,700,000	6,817,250	0.25
			14,050,624	0.52
Paraguay
Paraguay Government Bond, Reg. S 4.7% 27/03/2027	USD	8,740,000	8,871,100	0.33
			8,871,100	0.33
Peru
Peru Government Bond, Reg. S, 144A 6.15% 12/08/2032	PEN	18,755,000	6,418,634	0.24
			6,418,634	0.24
Poland
Poland Government Bond 0% 25/04/2019	PLN	67,000,000	19,305,450	0.72
Poland Government Bond 5.75% 23/09/2022	PLN	2,500,000	839,723	0.03
Poland Government Bond 3.25% 25/07/2025	PLN	64,750,000	19,380,076	0.72
			39,525,249	1.47
Russian Federation
Russian Federal Bond ー OFZ 7.6% 14/04/2021	RUB	754,600,000	13,620,170	0.51
Russian Federal Bond ー OFZ 7.5% 18/08/2021	RUB	737,500,000	13,304,159	0.49
Russian Federal Bond ー OFZ 7% 25/01/2023	RUB	2,342,752,000	41,947,887	1.56
Russian Federal Bond ー OFZ 7.05% 19/01/2028	RUB	240,000,000	4,223,874	0.16
			73,096,090	2.72
Saudi Arabia
Saudi Government Bond, Reg. S 3.25% 26/10/2026	USD	12,600,000	11,820,778	0.44
			11,820,778	0.44
Slovenia
Slovenia Government Bond, Reg. S 4.75% 10/05/2018	USD	12,140,000	12,174,271	0.45
			12,174,271	0.45
South Africa
Myriad International Holdings BV, Reg. S 5.5% 21/07/2025	USD	2,800,000	2,977,254	0.11
South Africa Government Bond 7.75% 28/02/2023	ZAR	29,300,000	2,514,151	0.09
South Africa Government Bond 6.25% 31/03/2036	ZAR	44,400,000	2,924,131	0.11
			8,415,536	0.31
South Korea
ExportーImport Bank of Korea 1.5% 21/10/2019	USD	4,060,000	3,970,712	0.15
			3,970,712	0.15
Spain
Banco Bilbao Vizcaya Argentaria SA, Reg. S, FRN 0.271% 12/04/2022	EUR	9,700,000	12,080,690	0.45
			12,080,690	0.45
Sri Lanka
National Savings Bank, Reg. S 8.875% 18/09/2018	USD	46,150,000	47,001,467	1.75
Sri Lanka Government Bond, Reg. S 6% 14/01/2019	USD	7,600,000	7,747,387	0.29
Sri Lanka Government Bond, Reg. S 5.75% 18/01/2022	USD	4,080,000	4,135,296	0.15
Sri Lanka Government Bond, Reg. S 5.875% 25/07/2022	USD	3,640,000	3,698,899	0.14
Sri Lanka Government Bond, Reg. S 6.825% 18/07/2026	USD	5,138,000	5,294,915	0.20
Sri Lanka Government Bond, Reg. S 6.2% 11/05/2027	USD	14,555,000	14,353,573	0.53
			82,231,537	3.06
Turkey
Turkey Government Bond 9.5% 12/01/2022	TRY	17,050,000	3,837,579	0.14
Turkey Government Bond 3% 23/02/2022	TRY	42,070,000	17,581,897	0.65
Turkey Government Bond 11% 02/03/2022	TRY	17,077,000	4,025,451	0.15
Turkey Government Bond 6.25% 26/09/2022	USD	8,350,000	8,857,279	0.33
Turkey Government Bond 4.25% 14/04/2026	USD	12,200,000	11,133,183	0.41
Turkey Government Bond 6% 25/03/2027	USD	10,000,000	10,143,170	0.38
Turkey Government Bond 5.75% 11/05/2047	USD	10,500,000	9,352,392	0.35
			64,930,951	2.41
Ukraine
Ukraine Government Bond, Reg. S 7.75% 01/09/2024	USD	4,550,000	4,695,541	0.17
			4,695,541	0.17
United States of America
US Treasury Inflation Indexed 0.125% 15/04/2020	USD	20,500,000	21,626,689	0.80
US Treasury Inflation Indexed 0.125% 15/04/2022	USD	32,100,000	32,273,905	1.20
Weatherford International Ltd. 9.875% 15/02/2024	USD	1,750,000	1,605,625	0.06
			55,506,219	2.06
Uruguay
Uruguay Government Bond, Reg. S 9.875% 20/06/2022	UYU	456,755,000	16,412,639	0.61
Uruguay Government Bond, Reg. S 8.5% 15/03/2028	UYU	213,417,000	6,964,789	0.26
			23,377,428	0.87
Zambia
Zambia Government Bond 11% 21/11/2021	ZMW	107,175,000	9,430,498	0.35
Zambia Government Bond 13% 21/11/2026	ZMW	19,825,000	1,590,066	0.06
			11,020,564	0.41
債券合計			1,100,122,063	40.88
転換社債型新株予約権付社債
India
Piramal Enterprises Ltd. CV DEB 7.8% 26/04/2019*	INR	951,400	13,843,246	0.51
			13,843,246	0.51
転換社債型新株予約権付社債合計			13,843,246	0.51
株式
Argentina
Loma Negra Cia Industrial Argentina SA, ADR	USD	722,361	15,400,737	0.57
			15,400,737	0.57
Australia
Newcrest Mining Ltd.	AUD	1,337,892	20,099,228	0.75
			20,099,228	0.75
Brazil
CCR SA	BRL	6,411,729	24,276,185	0.90
Hypera SA	BRL	1,552,500	17,004,165	0.63
IRB Brasil Resseguros S/A	BRL	951,000	12,057,993	0.45
Lojas Americanas SA	BRL	361,400	1,534,728	0.06
Lojas Americanas SA Preference	BRL	2,625,600	14,983,205	0.56
Nexa Resources SA	USD	1,293,753	22,653,615	0.84
Petroleo Brasileiro SA, ADR	USD	339,813	4,804,956	0.18
Petroleo Brasileiro SA, ADR Preference	USD	1,178,600	15,310,014	0.57
Vale SA, ADR	USD	1,654,401	21,043,981	0.78
			133,668,842	4.97
Canada
Barrick Gold Corp.	USD	1,672,800	20,826,360	0.78
Nutrien Ltd.	CAD	235,400	11,125,475	0.41
			31,951,835	1.19
Chile
Enel Americas SA, ADR	USD	1,259,139	14,631,195	0.54
Inversiones La Construccion SA	CLP	1,021,200	20,094,254	0.75
			34,725,449	1.29
China
Alibaba Group Holding Ltd., ADR	USD	11,700	2,147,418	0.08
Bank of China Ltd. ‘H’	HKD	29,845,000	16,047,846	0.60
Boer Power Holdings Ltd.	HKD	14,026,000	2,787,989	0.10
Brilliance China Automotive Holdings Ltd.	HKD	1,860,000	3,882,036	0.14
China Pacific Insurance Group Co. Ltd. ‘H’	HKD	854,800	3,828,446	0.14
China Resources Land Ltd.	HKD	1,402,000	5,100,196	0.19
China Unicom Hong Kong Ltd.	HKD	3,128,000	3,945,796	0.15
Ctrip.com International Ltd., ADR	USD	398,500	18,578,070	0.69
Haitian International Holdings Ltd.	HKD	1,508,200	4,573,710	0.17
Hutchison China MediTech Ltd., ADR	USD	244,063	7,214,502	0.27
IMAX China Holding, Inc.	HKD	1,773,563	5,593,125	0.21
Longfor Properties Co. Ltd.	HKD	6,567,500	20,083,714	0.75
Shanghai Fosun Pharmaceutical Group Co. Ltd. ‘H’	HKD	5,058,000	31,064,085	1.15
Shanghai Pharmaceuticals Holding Co. Ltd. ‘H’	HKD	1,662,900	4,449,571	0.16
			129,296,504	4.80
Czech Republic
Moneta Money Bank A/S	CZK	969,093	4,013,614	0.15
			4,013,614	0.15
Denmark
Carlsberg A/S ‘B’	DKK	220,577	26,242,350	0.98
			26,242,350	0.98
Germany
HapagーLloyd AG	EUR	254,533	9,928,127	0.37
			9,928,127	0.37
Greece
Titan Cement Co. SA	EUR	89,389	2,216,272	0.08
			2,216,272	0.08
Hong Kong
AIA Group Ltd.	HKD	2,492,600	21,088,873	0.78
Chow Sang Sang Holdings International Ltd.	HKD	4,306,700	9,054,433	0.34
CK Asset Holdings Ltd.	HKD	521,000	4,371,457	0.16
Galaxy Entertainment Group Ltd.	HKD	2,581,000	23,431,796	0.87
Sands China Ltd.	HKD	5,875,600	31,593,474	1.18
WH Group Ltd.	HKD	23,789,199	25,340,711	0.94
			114,880,744	4.27
India
Bharti Airtel Ltd.	INR	3,345,123	20,448,724	0.76
Housing Development Finance Corp. Ltd.	INR	151,415	4,238,209	0.16
ICICI Bank Ltd.	INR	8,112,413	34,621,762	1.29
IDFC Bank Ltd.	INR	11,704,635	8,497,394	0.32
Info Edge India Ltd.	INR	852,336	15,360,466	0.57
Lupin Ltd.	INR	571,296	6,445,526	0.24
Piramal Enterprises Ltd.	INR	104,834	3,910,438	0.14
Steel Authority of India Ltd.	INR	12,448,649	13,398,841	0.50
Tata Steel Ltd.	INR	2,996,717	26,237,820	0.97
Torrent Power Ltd.	INR	1,771,522	6,226,784	0.23
			139,385,964	5.18
Indonesia
Astra International Tbk. PT	IDR	7,274,800	3,857,348	0.14
Bank Central Asia Tbk. PT	IDR	7,013,000	11,868,742	0.44
Matahari Department Store Tbk. PT	IDR	5,998,612	4,771,004	0.18
Semen Indonesia Persero Tbk. PT	IDR	3,807,800	2,862,592	0.11
Surya Citra Media Tbk. PT	IDR	41,551,200	8,178,954	0.30
			31,538,640	1.17
Italy
Tenaris SA, ADR	USD	399,800	13,861,066	0.52
			13,861,066	0.52
Japan
Murata Manufacturing Co. Ltd.	JPY	31,200	4,248,748	0.16
			4,248,748	0.16
Mexico
America Movil SAB de CV, ADR ‘L’	USD	2,488,400	47,503,556	1.76
Grupo Sanborns SAB de CV	MXN	3,252,100	3,556,202	0.13
Urbi Desarrollos Urbanos SAB de CV	MXN	513,537	188,692	0.01
			51,248,450	1.90
Norway
BW LPG Ltd.	NOK	4,937,454	22,725,843	0.84
			22,725,843	0.84
Philippines
Bank of the Philippine Islands	PHP	2,360,000	5,291,936	0.20
Bloomberry Resorts Corp.	PHP	37,202,200	10,224,322	0.38
			15,516,258	0.58
Russian Federation
Alrosa PJSC	USD	15,466,977	24,625,668	0.91
Global Ports Investments plc, GDR	USD	2,109,712	8,143,488	0.30
Globaltrans Investment plc, GDR	USD	161,745	1,918,296	0.07
MegaFon PJSC	USD	30,166	283,296	0.01
MegaFon PJSC, GDR	USD	505,300	4,997,417	0.19
Sberbank of Russia PJSC, ADR	USD	196,500	3,660,795	0.14
TCS Group Holding plc, GDR	USD	627,600	13,775,820	0.51
Yandex NV ‘A’	USD	573,500	22,624,575	0.84
			80,029,355	2.97
Singapore
City Developments Ltd.	SGD	2,089,400	20,716,318	0.77
DBS Group Holdings Ltd.	SGD	727,300	15,254,357	0.57
OverseaーChinese Banking Corp. Ltd.	SGD	1,765,900	17,266,398	0.64
			53,237,073	1.98
South Africa
Discovery Ltd.	ZAR	997,543	14,366,473	0.54
MTN Group Ltd.	ZAR	380,000	3,820,302	0.14
Naspers Ltd. ‘N’	ZAR	100,988	24,668,241	0.92
Shoprite Holdings Ltd.	ZAR	167,185	3,566,896	0.13
			46,421,912	1.73
South Korea
Hyundai Motor Co.	KRW	132,721	17,867,965	0.66
Hyundai Motor Co. Preference	KRW	60,321	5,274,338	0.20
Samsung Electronics Co. Ltd.	KRW	13,209	30,386,029	1.13
			53,528,332	1.99
Spain
Banco Santander SA	EUR	2,284,399	14,883,391	0.55
			14,883,391	0.55
Switzerland
LafargeHolcim Ltd.	CHF	182,912	10,006,587	0.37
			10,006,587	0.37
Taiwan
Asustek Computer, Inc.	TWD	375,000	3,491,872	0.13
CTCI Corp.	TWD	9,103,000	14,829,801	0.55
Ginko International Co. Ltd.	TWD	495,000	3,675,532	0.14
MediaTek, Inc.	TWD	1,142,000	12,964,365	0.48
Taiwan Semiconductor Manufacturing Co. Ltd.	TWD	4,471,179	37,417,007	1.39
			72,378,577	2.69
United Arab Emirates
DP World Ltd.	USD	627,331	14,114,948	0.53
First Abu Dhabi Bank PJSC	AED	4,972,567	15,839,434	0.59
Union National Bank PJSC	AED	7,047,394	6,811,301	0.25
			36,765,683	1.37
United Kingdom
British American Tobacco plc	GBP	448,500	25,994,131	0.96
PZ Cussons plc	GBP	4,754,097	15,247,616	0.57
Tullow Oil plc	GBP	1,267,815	3,486,339	0.13
			44,728,086	1.66
United States of America
AES Corp.	USD	2,962,700	33,685,899	1.25
Ensco plc ‘A’	USD	5,459,450	23,966,985	0.89
MercadoLibre, Inc.	USD	80,200	28,582,478	1.06
Weatherford International plc	USD	1,501,900	3,439,351	0.13
			89,674,713	3.33
株式合計			1,302,602,380	48.41
公的取引所に上場している譲渡可能な有価証券と短期金融商品の合計			2,416,567,689	89.80
その他の規制のある市場で取引されている譲渡可能な有価証券と短期金融商品
債券
Brazil
QGOG Atlantic, Reg. S 5.25% 30/07/2019	USD	112,500	110,250	-
			110,250	-
China
Industrial & Commercial Bank of China Ltd. 3.231% 13/11/2019	USD	8,000,000	8,004,064	0.30
			8,004,064	0.30
Egypt
Egypt Treasury Bill 0% 03/04/2018	EGP	137,650,000	7,790,755	0.29
Egypt Treasury Bill 0% 24/07/2018	EGP	113,700,000	6,128,477	0.23
Egypt Treasury Bill 0% 10/04/2018	EGP	14,925,000	842,002	0.03
Egypt Treasury Bill 0% 17/04/2018	EGP	257,100,000	14,457,230	0.54
Egypt Treasury Bill 0% 01/05/2018	EGP	29,050,000	1,624,376	0.06
Egypt Treasury Bill 0% 08/05/2018	EGP	150,400,000	8,374,957	0.31
			39,217,797	1.46
Mexico
BBVA Bancomer SA, Reg. S 6.5% 10/03/2021	USD	2,110,000	2,247,150	0.08
Elementia SAB de CV, Reg. S 5.5% 15/01/2025	USD	1,600,000	1,616,000	0.06
			3,863,150	0.14
Nigeria
Nigeria Treasury Bill 0% 13/09/2018	NGN	2,650,000,000	6,788,363	0.25
			6,788,363	0.25
Paraguay
Paraguay Government Bond, Reg. S 5.6% 13/03/2048	USD	10,825,000	11,041,500	0.41
			11,041,500	0.41
Peru
Banco de Credito del Peru, Reg. S, FRN 6.875% 16/09/2026	USD	5,610,000	6,123,371	0.23
Banco de Credito del Peru, Reg. S, FRN 6.125% 24/04/2027	USD	2,200,000	2,352,350	0.09
			8,475,721	0.32
South Korea
KT Corp., Reg. S 2.625% 22/04/2019	USD	4,040,000	4,020,176	0.15
			4,020,176	0.15
債券合計			81,521,021	3.03
転換社債型新株予約権付社債
United States of America
Weatherford International Ltd. 5.875% 01/07/2021	USD	24,056,000	21,624,828	0.80
			21,624,828	0.80
転換社債型新株予約権付社債合計			21,624,828	0.80
その他の規制のある市場で取引されている譲渡可能な有価証券と短期金融商品の合計			103,145,849	3.83
その他譲渡可能な有価証券と短期金融商品
転換社債型新株予約権付社債
China
FU JI Food and Catering Services Holdings Ltd. 0% 18/10/2010*§	CNY	3,500,000	-	-
			-	-
United States of America
Cobalt International Energy, Inc. 2.625% 01/12/2019§	USD	6,645,000	149,513	0.01
Cobalt International Energy, Inc. 3.125% 15/05/2024§	USD	27,987,000	349,838	0.01
			499,351	0.02
転換社債型新株予約権付社債合計			499,351	0.02
新株予約権付社債
China
Midea Group Co. 11/10/2018*	USD	1,520,700	13,366,041	0.50
			13,366,041	0.50
新株予約権付社債合計			13,366,041	0.50
その他譲渡可能な有価証券と短期金融商品の合計			13,865,392	0.52
新規発行証券
債券
Brazil
Odebrecht Offshore Drilling Finance Ltd., Reg. S 6.72% 01/12/2022	USD	1,200,291	1,161,282	0.05
Odebrecht Offshore Drilling Finance Ltd., Reg. S 7.72% 01/12/2026	USD	3,619,859	1,076,908	0.04
Odebrecht Oil & Gas Finance Ltd., Reg. S, FRN 0% 31/12/2049	USD	571,938	14,012	-
			2,252,202	0.09
債券合計			2,252,202	0.09
新規発行証券合計			2,252,202	0.09
UCITS準拠ファンド、もしくは他の譲渡可能証券への集合投資事業
集団投資スキームー UCITS
Luxembourg
US Dollar Treasury Liquidity Fund ー JPM US Dollar Treasury Liquidity Institutional (dist.)	USD	53,890,755	53,890,755	2.00
			53,890,755	2.00
集団投資スキーム合計ー UCITS			53,890,755	2.00
UCITS準拠ファンド、もしくは他の譲渡可能証券への集合投資事業合計			53,890,755	2.00
投資総額			2,589,721,887	96.24
銀行預金			97,060,304	3.61
その他の純資産/(負債)			4,229,169	0.15
純資産総額			2,691,011,360	100.00
§債務不履行中 * 証券は取締役会により公正な価値で評価されている。

先物為替予約
買通貨	購入総額	売通貨	売却総額	決済日	カウンター ・パーティ	未実現利益 / (損失) (USD)	投資比率 (%)
USD	10,350,388	BRL	33,764,000	13/04/2018	J.P. Morgan	131,028	0.01
USD	5,841,672	TWD	169,759,000	27/04/2018	Citibank	10,349	-
先物為替予約の未実現損						141,377	0.01
CHF Hedged Share Class
USD	7,269	CHF	6,884	20/04/2018	J.P. Morgan	59	-
EUR Hedged Share Class
EUR	8,052	USD	9,896	20/04/2018	J.P. Morgan	23	-
USD	400,473	EUR	322,981	20/04/2018	J.P. Morgan	2,612	-
GBP Hedged Share Class
GBP	449,507,420	USD	626,399,853	20/04/2018	J.P. Morgan	4,683,827	0.18
USD	16,037,931	GBP	11,313,033	20/04/2018	J.P. Morgan	155,056	-
ヘッジ・シェアクラスの先物為替予約の未実現益						4,841,577	0.18
先物為替予約の未実現益合計						4,982,954	0.19
USD	4,915,733	EUR	4,025,000	05/04/2018	J.P. Morgan	(37,171)	-
USD	14,077,328	MXN	267,427,000	09/04/2018	Bank of America	(621,486)	(0.02)
USD	16,418,289	MXN	311,826,000	09/04/2018	J.P. Morgan	(720,864)	(0.03)
USD	9,281,438	KRW	9,969,657,000	12/04/2018	J.P. Morgan	(74,776)	-
CZK	399,924,490	USD	19,499,000	16/04/2018	Goldman Sachs	(115,288)	(0.01)
USD	10,607,771	GBP	7,641,000	16/04/2018	J.P. Morgan	(117,939)	(0.01)
USD	20,303,714	ZAR	241,066,000	16/04/2018	Citibank	(23,370)	-
HUF	4,891,324,150	USD	19,499,000	20/04/2018	Citibank	(212,406)	(0.01)
USD	4,955,498	GBP	3,550,000	20/04/2018	Goldman Sachs	(28,506)	-
USD	18,357,708	PLN	63,201,000	23/04/2018	Bank of America	(109,424)	-
USD	2,840,238	KRW	3,061,493,000	27/04/2018	Citibank	(34,286)	-
USD	30,982,441	BRL	106,750,000	19/11/2018	J.P. Morgan	(721,750)	(0.03)
先物為替予約の未実現損						(2,817,266)	(0.11)
CHF Hedged Share Class
CHF	383,003	USD	405,729	20/04/2018	J.P. Morgan	(4,579)	-
EUR Hedged Share Class
EUR	65,968,041	USD	81,644,516	20/04/2018	J.P. Morgan	(382,359)	(0.01)
USD	165,504	EUR	134,838	20/04/2018	J.P. Morgan	(595)	-
GBP Hedged Share Class
GBP	14,275	USD	20,256	20/04/2018	J.P. Morgan	(214)	-
USD	4,059,067	GBP	2,900,471	20/04/2018	J.P. Morgan	(13,034)	-
ヘッジ・シェアクラスの先物為替予約の未実現損						(400,781)	(0.01)
先物為替予約の未実現損合計						(3,218,047)	(0.12)
先物為替予約の未実現損益総額						1,764,907	0.07
国名はCIF Annual Report原本に基づき投資国を表示している。

キャピタル・グループ・エマージング・マーケッツ・トータル・オポチュニティーズ(LUX)
損益および純資産変動計算書
2018年3月31日現在
(USD)
収益
債券および転換社債に係る利息 (源泉徴収税額控除後)	99,188,385
受取配当金 (源泉徴収税額控除後)	29,964,193
銀行預金利息	356,688
収益小計	129,509,266
費用
運用報酬	24,329,430
デポジタリー・カストディ費用およびファンド管理手数料	1,282,533
管理手数料	695,163
専門家サービス	566,992
年次税	461,595
その他費用	282,254
印刷費用	119,271
費用小計	27,737,238
費用の払戻し	276,223
投資純利益/(損失) (a)	102,048,251
実現純利益/(損失)
投資有価証券の売却取引	96,356,901
為替取引	61,425,283
当期実現純利益/(損失) (b)	157,782,184
未実現評価利益/(損失)の増減
投資有価証券	76,354,392
為替取引	(13,918,472)
当期未実現評価利益/(損失)の増減:(c)	62,435,920
当期損益 (a+b+c)	322,266,355
配当金の分配	(34,053,217)
当期投資証券の差引増減額	(515,385,295)
期首純資産総額	2,918,183,517
期末純資産総額	2,691,011,360