Credit Suisse indexmatch (Lux)

Credit Suisse IndexMatch (Lux) Audited Annual Report at 31.03.2007 Investment fund under Luxembourg law Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Table of Contents Page 2 Report of the "Réviseur d'Entreprises" Management and Administration Consolidated Report Report by Subfund Credit Suisse IndexMatch (Lux) on Euro Stoxx 50 Credit Suisse IndexMatch (Lux) on FTSE 100 Credit Suisse IndexMatch (Lux) on Nikkei 300 Credit Suisse IndexMatch (Lux) on S&P 500 3 5 6 9 13 18 24 Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Report of the "Réviseur d'Entreprises" Page 3 An die Anteilinhaber des Credit Suisse IndexMatch (Lux) 5, rue Jean Monnet, L-2180 Luxemburg Wir haben den beigefügten Jahresabschluss des Credit Suisse IndexMatch (Lux) und seiner jeweiligen Subfonds geprüft, der die Nettovermögensaufstellung, des Wertpapierbestands und der sonstigen Nettovermögenswerte sowie die Fondsentwicklung zum 31. März 2007, die Ertrags- und Aufwandsrechnung und die Veränderungen des Nettovermögens für das an diesem Datum abgelaufene Geschäftsjahr sowie eine Zusammenfassung der wesentlichen Rechnungslegungsgrundsätze und –methoden und die sonstigen Erläuterungen zu den Aufstellungen enthält. Verantwortung des Verwaltungsrats der Verwaltungsgesellschaft für den Jahresabschluss Die Erstellung und die den tatsächlichen Verhältnissen entsprechende Darstellung dieses Jahresabschlusses gemäss den in Luxemburg geltenden gesetzlichen Bestimmungen und Verordnungen zur Erstellung und Darstellung des Jahresabschlusses liegen in der Verantwortung des Verwaltungsrats der Verwaltungsgesellschaft. Diese Verantwortung umfasst die Entwicklung, Umsetzung und Aufrechterhaltung des internen Kontrollsystems hinsichtlich der Erstellung und der den tatsächlichen Verhältnissen entsprechende Darstellung des Jahresabschlusses, so dass dieser frei von wesentlichen unzutreffenden Angaben ist, unabhängig davon, ob diese aus Unrichtigkeiten oder Verstössen resultieren, sowie die Auswahl und Anwendung von angemessenen Rechnungslegungsgrundsätzen und -methoden und die Festlegung angemessener rechnungslegungsrelevanter Schätzungen. Verantwortung des Réviseur d’Entreprises In unserer Verantwortung liegt es, auf der Grundlage unserer Abschlussprüfung diesem Jahresabschluss ein Testat zu erteilen. Wir führten unsere Abschlussprüfung nach den vom Institut des Réviseurs d’Entreprises umgesetzten internationalen Prüfungsgrundsätzen (International Standards on Auditing) durch. Diese Grundsätze verlangen, dass wir die Berufspflichten und – grundsätze einhalten und die Prüfung dahingehend planen und durchführen, dass mit hinreichender Sicherheit erkannt werden kann, ob der Jahresabschluss frei von wesentlichen unzutreffenden Angaben ist. Eine Abschlussprüfung beinhaltet die Durchführung von Prüfungshandlungen zum Erhalt von Prüfungsnachweisen für die im Jahresabschluss enthaltenen Wertansätze und Informationen. Die Auswahl der Prüfungshandlungen obliegt der Beurteilung des Réviseur d’Entreprises ebenso wie die Bewertung des Risikos, dass der Jahresabschluss wesentliche unzutreffende Angaben aufgrund von Unrichtigkeiten oder Verstössen enthält. Im Rahmen dieser Risikoeinschätzung berücksichtigt der Réviseur d’Entreprises das für die Erstellung und die den tatsächlichen Verhältnissen entsprechende Darstellung des Jahresabschlusses eingerichtete interne Kontrollsystem, um die unter diesen Umständen angemessenen Prüfungshandlungen festzulegen, nicht jedoch, um ein Testat über die Wirksamkeit des internen Kontrollsystems abzugeben. Eine Abschlussprüfung beinhaltet ebenfalls die Beurteilung der Angemessenheit der angewandten Rechnungslegungsgrundsätze und -methoden und der Angemessenheit der vom Verwaltungsrat der Verwaltungsgesellschaft vorgenommenen Schätzungen sowie die Beurteilung der Gesamtdarstellung des Jahresabschlusses. Nach unserer Auffassung sind die erlangten Prüfungsnachweise als Grundlage für die Erteilung unseres Testats ausreichend und angemessen. Testat Nach unserer Auffassung vermittelt der beigefügte Jahresabschluss in Übereinstimmung mit den in Luxemburg geltenden gesetzlichen Bestimmungen und Verordnungen betreffend die Erstellung und Darstellung des Jahresabschlusses ein den tatsächlichen Verhältnissen entsprechendes Bild der Vermögens- und Finanzlage des Credit Suisse IndexMatch (Lux) und seiner jeweiligen Subfonds zum 31. März 2007 sowie der Ertragslage und der Entwicklung des Nettovermögens für das an diesem Datum abgelaufene Geschäftsjahr. Sonstiges Die im Jahresbericht enthaltenen ergänzenden Angaben wurden von uns im Rahmen unseres Auftrages durchgesehen, waren aber nicht Gegenstand besonderer Prüfungshandlungen nach den oben beschriebenen Grundsätzen. Unser Testat bezieht sich daher nicht auf diese Angaben. Im Rahmen der Gesamtdarstellung des Jahresabschlusses haben uns diese Angaben keinen Anlass zu Anmerkungen gegeben. Luxemburg, den 8. Juni 2007 KPMG Audit S.à r.l. Réviseurs d’Entreprises John Li Die deutsche Version des Jahresberichtes war Bestandteil der Prüfung durch den Abschlussprüfer. Daher bezieht sich auch der Bericht des Abschlussprüfers nur auf die deutsche Version. Sämtliche anderssprachigen Versionen wurden unter Verantwortung des Verwaltungsrates der Verwaltungsgesellschaft des FCP erstellt. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Report of the "Réviseur d'Entreprises" Page 4 To the Unitholders of Credit Suisse IndexMatch (Lux) 5, rue Jean Monnet, L-2180 Luxembourg We have audited the accompanying financial statements of Credit Suisse IndexMatch (Lux) and each of its subfunds, which comprise the statement of net assets, the statement of investments in securities and other net assets as at March 31, 2007, the income statement and the statement of changes in net assets for the year then ended, and a summary of significant accounting policies and other explanatory notes. Responsibility of the Management Company’s Board of Directors for the Financial Statements The board of directors of the management company is responsible for the preparation and fair presentation of these financial statements in accordance with Luxembourg legal and regulatory requirements relating to the preparation of financial statements. This responsibility includes: designing, implementing and maintaining internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to error or fraud; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances. Responsibility of the Réviseur d’Entreprises Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with the International Standards on Auditing as adopted by the Institut des Réviseurs d’Entreprises. Those standards require that we comply with professional requirements and principles, and plan and perform the audit to obtain reasonable assurance whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the judgment of the réviseur d’entreprises, including the assessment of the risks of material misstatement of the financial statements, whether due to error or fraud. In making those risk assessments, the réviseur d’entreprises considers internal control relevant to the preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control system. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the management company’s board of directors, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the accompanying financial statements give a true and fair view of the financial position of Credit Suisse IndexMatch (Lux) and each of its subfunds as of March 31, 2007, and of the results of its operations and changes in its net assets for the year then ended in accordance with Luxembourg legal and regulatory requirements relating to the preparation of the financial statements. Other matter Supplementary information included in the annual report has been reviewed in the context of our mandate but has not been subject to specific audit procedures carried out in accordance with the standards described above. We do not, therefore, express any opinion on such information. However, we have no observation to make concerning such information in the context of the financial statements taken as a whole. Luxembourg, June 8, 2007 KPMG Audit S.à r.l. Réviseurs d’Entreprises John Li The German version of the Annual Report has been reviewed by the auditors. Consequently, the auditor’s report only refers to the German version of the report; other versions result from a translation made under the responsibility of the Board of Directors of the Management Company of the FCP (fonds commun de placement). Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Management and Administration Page 5 Management Company Credit Suisse Fund Management S.A. 5, rue Jean Monnet, L-2180 Luxembourg R.C. Luxembourg B 72 925 Board of Directors Mario Seris, Chairman of the Board (until 31.12.2006) Managing Director, Credit Suisse, Zurich Mark Burgess, Chairman of the Board (since 01.01.2007) Managing Director, Vice Chairman and Regional Head of EMEA ex Switzerland, Asset Management, Credit Suisse Raymond Melchers, Vice-Chairman of the Board Credit Suisse Asset Management Fund Service (Luxembourg) S.A., Luxembourg Luca Diener, Member of the Board Managing Director, Credit Suisse, Zurich Ian Chimes, Member of the Board (until 14.09.2006) CEO Credit Suisse Asset Management Funds (UK) Limited, London Custodian Bank Credit Suisse (Luxembourg) S.A. 56, Grand-Rue, L-1660 Luxembourg Independent Auditor KPMG Audit S.à r.l. 31, Allée Scheffer, L-2520 Luxembourg Representative in Switzerland Credit Suisse Asset Management Funds Giesshübelstrasse 30, CH-8070 Zurich Paying Agent in Switzerland Credit Suisse Paradeplatz, 8, CH-8001 Zurich Paying and Information Agent in Germany Deutsche Bank AG Taunusanlage, 12, D-60325 Frankfurt/Main Additional Information Agent in Germany Credit Suisse (Deutschland) AG Junghofstrasse 16, D-60311 Frankfurt/Main Paying Agent in Austria Bank Austria Creditanstalt AG Am Hof, 2, A-1010 Vienna Principal correspondent bank in France BNP PARIBAS Securities Services 3, rue d’Antin, F-75002 Paris Paying Agent in the Principality of Liechtenstein LGT Bank in Liechtenstein Aktiengesellschaft Herrengasse 12, FL-9490 Vaduz Distribution Agents Credit Suisse Paradeplatz 8, CH-8001 Zurich Credit Suisse Asset Management Fund Service (Luxembourg) S.A. 5, rue Jean Monnet, L-2180 Luxembourg Credit Suisse (Deutschland) AG Junghofstrasse 16, D-60311 Frankfurt/Main Credit Suisse Asset Management (France) S.A. 25, avenue Kléber, F-75784 Paris Cedex 16 Investment Adviser Credit Suisse Paradeplatz 8, CH-8001 Zurich Central Administration Credit Suisse Asset Management Fund Service (Luxembourg) S.A. 5, rue Jean Monnet, L-2180 Luxembourg No subscription may be accepted on the basis of the financial reports. Subscriptions are accepted only on the basis of the current sales prospectus accompanied by the simplified prospectus, the latest annual report and the latest semi-annual report. The issue and redemption prices are published in Luxembourg at the registered office of the Management Company. The net asset value is also published daily on the Internet at www.credit-suisse.com and in different newspapers. Unitholders may obtain the sales prospectus, the simplified prospectus, the latest annual and semi-annual reports, the changes in the composition of the securities portfolio during the reporting period and copies of the Management Regulations free of charge from the registered office of the Management Company or the local representatives in the countries where the Fund is registered. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Consolidated Report Statement of Net Assets in CHF Page 6 31.03.2007 Assets Investments in securities at market value Cash at banks Receivable for securities sold Subscriptions receivable Income receivable Other Assets 1,397,633,261.33 32,158,504.14 307,388.97 8,483,204.59 4,182,734.22 495,944.33 1,443,261,037.58 Liabilities Payable for securities purchased Redemptions payable Provisions for accrued expenses 214,133.28 801,623.50 1,143,293.58 2,159,050.36 Net assets 1,441,101,987.22 The notes are an integral part of the financial statements. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Consolidated Report Statement of Operations in CHF Page 7 31.03.2007 Income Dividends (net) Bank Interest Other Income 28,319,388.02 888,152.36 1,459,151.62 30,666,692.00 Expenses Management fee Custodian and safe custody fees Printing and publication expenses Audit, control, legal, representative bank and other expenses "Taxe d'abonnement" 11,197,416.52 547,370.72 113,279.21 368,948.58 687,661.04 12,914,676.07 Net income (loss) Realised gain (loss) Net realised gain (loss) on sales of investments Net realised gain (loss) on financial futures contracts Net realised gain (loss) on forward foreign exchange contracts 39,408,373.36 2,120,580.66 -33,541.11 17,752,015.93 41,495,412.91 Net realised gain (loss) Change in net unrealised appreciation (depreciation) Change in net unrealised appreciation (depreciation) on investments Change in net unrealised appreciation (depreciation) on financial futures contracts 43,104,140.21 -41,071.59 59,247,428.84 43,063,068.62 Net increase (decrease) in net assets as a result of operations Subscriptions / Redemptions Subscriptions Redemptions 376,173,487.27 -531,433,996.64 102,310,497.46 -155,260,509.37 The notes are an integral part of the financial statements. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Consolidated Report Notes Page 8 General Credit Suisse IndexMatch (Lux) ("the Fund") is a Luxembourg mutual investment Fund with subfunds ("umbrella fund"). The fund is registered in Luxembourg as an undertaking for collective investment in transferable securities under Part I of the law of 20.12.2002. As of 31.03.2007 the fund had 4 subfunds. Change: Credit Suisse IndexMatch (Lux) on Euro Stoxx 50 -D- has been reactivated on 02.10.2006 and the last NAV has been calculated on 22.02.2007. Summary of significant accounting policies a) Computation of the net asset value of each subfund The net asset value is determined each day on the basis of income/expenses accruing up to and including the net asset value of the same day, transactions in the investment portfolio occurring up to and including the preceding day and the valuation of net assets on the basis of stock exchange prices and foreign exchange rates as of the preceding day. The financial statements reflect the net asset values as calculated on 30.03.2007 based on the market prices of the investments as of 29.03.2007. Except for Credit Suisse IndexMatch (Lux) on Nikkei 300: the financial statements reflect the net asset values as calculated on 30.03.2007 based on the market prices of the investments as of 30.03.2007. b) Valuation of investment securities of each subfund Securities which are listed on a stock exchange or which are regularly traded on such stock exchange shall be valued at the last published closing price. If a security is traded on several stock exchanges, the valuation shall be made by reference to the exchange on which it is mainly traded. Securities traded on a regulated market shall be valued in the same way as securities listed on a stock exchange. Assets that are not listed on an exchange and are not traded on a regulated market shall be valued at their last available market price. If no such price is available, the Management Company shall value these securities in accordance with other criteria to be established by the Management Company and on the basis of the probable sales price the value of which shall be estimated with due care and in good faith. Derivatives are valued in line with the preceding paragraphs. If a valuation in accordance with the above rules is rendered impossible or incorrect owing to special or changed circumstances, the Management Company is entitled to use other generally recognised valuation principles in order to value the Subfund’s assets. In exceptional circumstances, further valuations may be made on the same day; such valuations shall be valid for any applications for purchase and/or repurchase subsequently received. c) Net realised gain/loss on sales of investments of each subfund The realised gains or losses on the sales of securities are calculated on the basis of the average acquisition cost. d) Foreign exchange conversion The financial statements are kept in reference currency of each subfund and the consolidated financial statements are kept in CHF. Cash at banks, other net assets and the value of portfolio securities in currencies other than reference currency of each subfund are converted into the reference currency at the foreign exchange rate prevailing on the date of valuation. Income and expenses in currencies other than reference currency of each subfund are converted into the reference currency at the foreign exchange rate applicable at the date they accrue to the subfund. Realised gains or losses on foreign currencies are accounted for in the statement of operations. The acquisition cost of securities in currencies other than the reference currency of each subfund is converted into the reference currency at the foreign exchange rate valid at the date of acquisition. e) Transactions on investments in securities of each subfund The transactions on investments in securities are booked on a trade date basis. f) Valuation of forward foreign exchange contracts of each subfund Unmatured forward foreign exchange contracts are valued at valuation date at forward exchange rates prevailing at this date and resulting unrealised gains or losses are posted to the statement of operations. g) Valuation of financial future contracts of each subfund Unmatured financial future contracts are valued at valuation date at market prices prevailing at this date and resulting unrealised gains or losses are posted to the statement of operations. Management fee (see detail at subfund level) As remuneration for its services and reimbursement of its expenses, the Management Company is entitled to a yearly management fee, payable at the end of each month and calculated on the basis of the average of the daily net asset value of each portfolio during the relevant month. "Taxe d'abonnement" Under the prevailing laws and regulations, the Fund is subject in Luxembourg, on the basis of its investments, to a "Taxe d'abonnement" at the annual rate of 0.05%, payable quarterly and calculated on the basis of the net assets of each subfund at the end of each quarter. Total Expense Ratio (TER) (see detail at subfund level) The TER expresses the sum of all costs and commissions charged on an ongoing basis to the fund’s assets, taken retrospectively as a percentage of these assets. Portfolio Turnover Rate (PTR) (see detail at fund level) The PTR is used as the indicator for the fund’s trading activities (excluding purchases and sales resulting from subscriptions and buybacks) and is expressed as a percentage of the average net assets of the fund during the preceding twelve-month period. The PTR is calculated following the SFA guideline. Changes in the composition of the securities portfolio Changes in the composition of the securities portfolio during the reporting period are available to unitholders free of charge at the registered office of the Management Company or the local representatives in the countries where the Fund is registered. Exchange Rates The consolidated financial statements are kept in CHF. For this purpose, the financial statements of the subfunds are converted into CHF at the foreign exchange rates as of 30.03.2007: EUR 1.623550 GBP 2.390210 JPY 0.010327 USD 1.217647 Fund performance with benchmark (see detail at subfund level) The performance of the year Y is based on the net asset values as calculated on the first business day of the year Y respectively Y+1. Those net asset values reflect the market prices of the investments as of the last business day of the year Y-1 respectively Y. Exception: for the following subfund (Credit Suisse IndexMatch (Lux) on Nikkei 300), the performance is based on the net asset values as calculated on the last business day of the year; those net asset values reflect the market prices of the investments as of the last business day of the year. Historical performance is no indicator of current or future performance. The performance data given does not take into account commissions and costs incurred in the purchase or redemption of fund units. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on Euro Stoxx 50 Manager's Report, Technical Data and Notes Manager's Report This is a passively managed fund which invests in shares listed in the Dow Jones Euro Stoxx 50 index. The aim is to track the reference index as closely as possible in order to minimize deviations from its performance. This is ensured by using the full replication indexing method; in other words, the fund contains all stocks included in the Dow Jones Stoxx 50. On the equity markets, the reporting year from 1 April 2006 to 31 March 2007 was dominated by a continuation of the bull market. However, while the previous year’s uptrend was virtually uninterrupted by corrections, during the twelve months under review all equity markets worldwide suffered some turbulence. The first bout was a downturn in May/June, triggered by a rise in the core inflation rate, especially in the United States. The Dow Jones Euro Stoxx 50 dropped to a low of 3,408.02 on 13 June 2006. However, the market rallied in the second half of 2006, fuelled by a sharp drop in commodity prices (especially oil). The uptrend continued at the start of 2007: the index surged, peaking at 4,272.32 on 26 February 2007. Page 9 However, a renewed sharp downtick set in before the end of February, triggered by a sharp downward correction in China. This had a knock-on effect in all other regions. The correction proved short-lived, however, and the markets returned to their upward path in March. Looking at individual sectors, commodities, utilities and industrials made the biggest gains, while the losers were technology and healthcare stocks. During the twelve-month period, one stock in the Dow Jones Euro Stoxx 50 universe was replaced. All index changes were replicated by the fund to make sure it matches the current index composition. (The information stated relates to the period under review and is not indicative of future returns.) Technical Data Valoren B - Capitalisation D - Capitalisation I - Capitalisation EUR EUR EUR 890385 1549882 1058394 ISIN LU0102715769 LU0162171234 LU0108962746 Management Fee 0.90% 0.00% 0.35% Total Expense Ratio 1.02% / 0.48% Credit Suisse IndexMatch (Lux) on Euro Stoxx 50 -D- has been reactivated on 02.10.2006 and the last NAV has been calculated on 22.02.2007. The Portfolio Turnover Rate was -1.42% for the period from 01.04.2006 to 31.03.2007. Fund Performance YTD B - Capitalisation D - Capitalisation I - Capitalisation DJ Euro STOXX 50 TR EUR EUR EUR EUR 1.46% / 1.56% 1.65% Since Inception / / / / 2006 17.35% / 17.89% 18.05% 2005 23.79% / 24.20% 24.30% 2004 8.78% / 9.34% 9.38% Notes Securities Lending As of 31.03.2007 the subfund participated in the "Securities Lending" - system for a global market value of EUR 38,311,944.00. Financial futures contracts Description DJ EURO STOXX 50 INDEX FUTURE 06/07 Currency EUR Quantity 89 Engagement 3,656,120.00 Valuation (in EUR) 122,548.91 Unrealised gain on financial futures contracts 122,548.91 Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on Euro Stoxx 50 Statement of Net Assets in EUR and Fund Evolution Page 10 31.03.2007 Assets Investments in securities at market value Cash at banks Subscriptions receivable Income receivable Other assets 246,628,351.20 3,923,885.34 5,802.39 48,025.60 122,548.91 250,728,613.44 Liabilities Redemptions payable Provisions for accrued expenses 102,420.75 213,269.13 315,689.88 Net assets 250,412,923.56 Fund Evolution 31.03.2007 31.03.2006 31.03.2005 Total net assets Net asset value per unit B - Capitalisation D - Capitalisation I - Capitalisation EUR 250,412,923.56 317,257,074.98 607,847,709.77 EUR EUR EUR 125.05 / 957.50 113.69 / 866.72 87.96 / 668.73 Number of units outstanding B - Capitalisation D - Capitalisation I - Capitalisation EUR EUR EUR at the end of the year at the beginning of the year Number of units issued Number of units redeemed 1,852,652.838 0.000 19,571.959 2,497,285.035 0.000 38,468.529 260,459.083 10.000 808.366 905,091.280 10.000 19,704.936 The notes are an integral part of the financial statements. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on Euro Stoxx 50 Statement of Operations / Changes in Net Assets in EUR Page 11 31.03.2007 Net assets at the beginning of the year Income Dividends (net) Bank interest Other income 7,575,586.08 132,722.50 770,122.34 317,257,074.98 8,478,430.92 Expenses Management fee Custodian and safe custody fees Printing and publication expenses Audit, control, legal, representative bank and other expenses "Taxe d'abonnement" 2,280,603.55 108,771.85 22,699.19 80,995.72 133,091.73 2,626,162.04 Net income (loss) Realised gain (loss) Net realised gain (loss) on sales of investments Net realised gain (loss) on financial futures contracts 5,844,103.67 478,495.03 5,852,268.88 6,322,598.70 Net realised gain (loss) Change in net unrealised appreciation (depreciation) Change in net unrealised appreciation (depreciation) on investments Change in net unrealised appreciation (depreciation) on financial futures contracts 12,400,339.38 102,915.84 12,174,867.58 12,503,255.22 Net increase (decrease) in net assets as a result of operations Subscriptions / Redemptions Subscriptions Redemptions 31,542,561.90 -123,064,836.12 24,678,122.80 -91,522,274.22 Net assets at the end of the year 250,412,923.56 The notes are an integral part of the financial statements. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on Euro Stoxx 50 Breakdown by Country and Economic Sector of the Investments in Securities Statement of Investments in Securities and Other Net Assets Breakdown by Country France Germany Spain Italy Netherlands Finland Ireland 32.26 23.70 13.22 12.69 12.52 3.17 0.93 Page 12 Statement of Investments in Securities and Other Net Assets Description Quantity / Nominal Valuation (in EUR) % of net assets Securities listed on a stock exchange or other organised markets: Shares (and equity-type securities) Shares (and equity-type securities) Total 98.49 EUR EUR EUR EUR EUR EUR EUR EUR EUR Breakdown by Economic Sector Banks and other credit institutions Energy and water supply Telecommunication Insurance companies Petroleum Electrical appliances and components Chemicals Pharmaceuticals, cosmetics and medical products Vehicles Food and soft drinks Building materials and building industry Retailing, department stores Tobacco and alcoholic beverages 30.33 10.71 9.99 9.47 9.08 9.05 4.54 4.00 3.41 2.99 1.99 1.96 0.97 Total 98.49 EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR ABN AMRO HOLDING AEGON ALCATEL-LUCENT ALLIANZ SE (reg. shares) ALLIED IRISH BANKS ASSICURAZIONI GENERALI AXA BANCO BILBAO VIZCAYA ARGENTARIA (reg. shares) BANCO SANTANDER CENTRAL HISPANO (reg. shares) BASF BAYER BNP PARIBAS CARREFOUR CREDIT AGRICOLE DAIMLERCHRYSLER (reg. shares) DEUTSCHE BANK (reg. shares) DEUTSCHE TELEKOM (reg. shares) ENDESA ENEL ENI E.ON FORTIS FRANCE TELECOM GROUPE DANONE IBERDROLA ING GROEP (cert. shares) INTESA SANPAOLO KONINKLIJKE AHOLD LAFARGE L'AIR LIQUIDE L'OREAL LVMH MUENCHENER RUECKVERSICHERUNGSGESELLSCHAFT (reg. shares) NOKIA PHILIPS ELECTRONICS RENAULT REPSOL YPF RWE -ASANOFI-AVENTIS SAP SIEMENS (reg. shares) SOCIETE GENERALE PARIS -AST GOBAIN SUEZ TELECOM ITALIA TELEFONICA TOTAL UNICREDITO ITALIANO UNILEVER (cert. shares) VIVENDI 215,415 165,807 264,116 48,813 105,040 123,822 202,511 400,292 705,468 56,446 86,314 99,121 61,330 82,859 107,299 59,404 337,212 70,709 469,428 281,283 78,329 146,563 197,435 27,162 82,003 235,771 1,095,451 177,858 16,690 13,835 29,602 29,333 25,938 461,903 128,647 22,704 97,461 52,284 117,290 100,648 94,728 52,111 41,540 130,441 1,221,751 487,444 255,617 1,178,684 192,737 129,650 6,949,287.90 2,482,130.79 2,358,555.88 7,529,893.38 2,337,140.00 3,966,018.66 6,439,849.80 7,377,381.56 9,403,888.44 4,727,352.50 4,116,314.66 7,720,534.69 3,355,977.60 2,427,768.70 6,566,698.80 5,943,964.24 4,184,800.92 2,867,249.95 3,755,424.00 6,821,112.75 7,935,510.99 5,008,057.71 3,889,469.50 3,319,739.64 2,925,047.01 7,414,997.95 6,238,593.45 1,547,364.60 1,963,912.30 2,518,108.35 2,400,722.20 2,436,398.98 3,300,610.50 7,944,731.60 3,782,221.80 1,990,232.64 2,457,966.42 4,094,882.88 7,623,850.00 3,371,708.00 7,563,083.52 6,729,614.54 3,028,266.00 5,200,682.67 2,626,764.65 8,042,826.00 13,471,015.90 8,380,443.24 4,166,973.94 3,923,209.00 246,628,351.20 246,628,351.20 246,628,351.20 2.78 0.99 0.94 3.01 0.93 1.58 2.57 2.95 3.76 1.89 1.64 3.08 1.34 0.97 2.62 2.37 1.67 1.15 1.50 2.72 3.17 2.00 1.55 1.33 1.17 2.96 2.49 0.62 0.78 1.01 0.96 0.97 1.32 3.17 1.51 0.79 0.98 1.64 3.04 1.35 3.02 2.69 1.21 2.08 1.05 3.21 5.38 3.35 1.66 1.57 98.49 98.49 98.49 Shares (and equity-type securities) Securities listed on a stock exchange or other organised markets: Shares (and equity-type securities) Total of Portfolio Cash at banks Other Liabilities Total net assets 3,923,885.34 -139,312.98 250,412,923.56 1.57 -0.06 100.00 The notes are an integral part of the financial statements. Any differences in the percentage of Net Assets are the result of roundings. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on FTSE 100 Manager's Report, Technical Data and Notes Manager's Report This is a passively managed fund which invests in shares listed in the FTSE 100 index. The aim is to track the reference index as closely as possible in order to minimize deviations from its performance. This is ensured by using the full replication indexing method; in other words, the fund contains all stocks included in the FTSE 100. The biggest gains were made by shares in utilities, service companies and telcos. The losers were the energy, technology and healthcare sectors. Page 13 15 shares in the FTSE 100 basket were replaced during the year under review. All index changes were replicated by the fund in order to make sure it matches the current index composition. (The information stated relates to the period under review and is not indicative of future returns.) Technical Data Valoren B - Capitalisation GBP 890392 ISIN LU0102713988 Management Fee 0.90% Total Expense Ratio 1.04% The Portfolio Turnover Rate was -16.81% for the period from 01.04.2006 to 31.03.2007. Fund Performance YTD B - Capitalisation FTSE 100 TR GBP GBP 2.34% 2.53% Since Inception / / 2006 13.28% 14.43% 2005 19.78% 20.78% 2004 10.38% 11.25% Notes Securities Lending As of 31.03.2007 the subfund participated in the "Securities Lending" - system for a global market value of GBP 560,000.00. Financial futures contracts Description FTSE 100 INDEX FUTURE 06/07 Currency GBP Quantity 29 Engagement 1,842,370.00 Valuation (in GBP) 22,039.33 Unrealised gain on financial futures contracts 22,039.33 Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on FTSE 100 Statement of Net Assets in GBP and Fund Evolution Page 14 31.03.2007 Assets Investments in securities at market value Cash at banks Subscriptions receivable Income receivable Other assets 85,034,414.86 1,482,998.61 2,568.20 698,538.74 22,039.33 87,240,559.74 Liabilities Redemptions payable Provisions for accrued expenses 70,120.26 76,225.03 146,345.29 Net assets 87,094,214.45 Fund Evolution 31.03.2007 31.03.2006 31.03.2005 Total net assets Net asset value per unit B - Capitalisation GBP 87,094,214.45 83,257,189.42 86,921,360.94 GBP 128.68 119.55 95.05 Number of units outstanding B - Capitalisation GBP at the end of the year at the beginning of the year Number of units issued Number of units redeemed 676,849.972 696,410.654 122,674.874 142,235.556 The notes are an integral part of the financial statements. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on FTSE 100 Statement of Operations / Changes in Net Assets in GBP Page 15 31.03.2007 Net assets at the beginning of the year Income Dividends (net) Bank interest Other income 2,777,586.93 99,518.76 20.92 83,257,189.42 2,877,126.61 Expenses Management fee Custodian and safe custody fees Printing and publication expenses Audit, control, legal, representative bank and other expenses "Taxe d'abonnement" 746,564.61 33,190.19 6,809.53 35,732.04 41,608.60 863,904.97 Net income (loss) Realised gain (loss) Net realised gain (loss) on sales of investments Net realised gain (loss) on financial futures contracts Net realised gain (loss) on forward foreign exchange contracts 1,172,967.21 136,260.28 -14,034.53 2,013,221.64 1,295,192.96 Net realised gain (loss) Change in net unrealised appreciation (depreciation) Change in net unrealised appreciation (depreciation) on investments Change in net unrealised appreciation (depreciation) on financial futures contracts 2,864,926.03 -40,904.57 3,308,414.60 2,824,021.46 Net increase (decrease) in net assets as a result of operations Subscriptions / Redemptions Subscriptions Redemptions 15,047,239.87 -17,342,650.90 6,132,436.06 -2,295,411.03 Net assets at the end of the year 87,094,214.45 The notes are an integral part of the financial statements. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on FTSE 100 Breakdown by Country and Economic Sector of the Investments in Securities Statement of Investments in Securities and Other Net Assets Breakdown by Country United Kingdom Netherlands Jersey 95.99 1.26 0.38 Page 16 Statement of Investments in Securities and Other Net Assets Description Quantity / Nominal Valuation (in GBP) % of net assets Securities listed on a stock exchange or other organised markets: Shares (and equity-type securities) Shares (and equity-type securities) Total 97.63 Breakdown by Economic Sector Banks and other credit institutions Petroleum Pharmaceuticals, cosmetics and medical products Telecommunication Energy and water supply Tobacco and alcoholic beverages Retailing, department stores Insurance companies Mining, coal and steel industry Food and soft drinks Financial, investment and other div. companies Precious metals and precious stones Non-ferrous metals Real estate Lodging and catering industry, leisure facilities Aeronautic and astronautic industry Graphics publishing and printing media Mechanical engineering and industrial equipment Miscellaneous trading companies Building materials and building industry Chemicals Traffic and transportation Textiles, garments and leather goods Miscellaneous services Computer hardware and networking Photographic and optics 20.18 13.89 8.52 8.16 6.78 5.93 5.36 4.52 4.30 3.93 2.31 1.91 1.84 1.67 1.52 1.50 1.38 0.88 0.68 0.64 0.38 0.36 0.32 0.27 0.20 0.20 Total 97.63 GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP ALLIANCE & LEICESTER ALLIANCE BOOTS AMVESCAP ANGLO AMERICAN ANTOFAGASTA ASSOCIATED BRITISH FOODS ASTRAZENECA AVIVA BAE SYSTEMS BARCLAYS BG GROUP BHP BILLITON BP BRADFORD & BINGLEY BRITISH AIRWAYS BRITISH AMERICAN TOBACCO BRITISH LAND BRITISH SKY BROADCASTING GROUP BT GROUP CABLE & WIRELESS CADBURY SCHWEPPES CAPITA GROUP CARNIVAL CENTRICA COMPASS GROUP CORUS GROUP DAILY MAIL & GENERAL TRUST -ADIAGEO DRAX GROUP DSG INTERNATIONAL ENTERPRISE INNS EXPERIAN GROUP FRIENDS PROVIDENT GALLAHER GROUP GLAXOSMITHKLINE HAMMERSON HANSON HBOS HOME RETAIL GROUP HSBC HOLDINGS ICAP IMPERIAL CHEMICAL INDUSTRIES IMPERIAL TOBACCO INTERCONTINENTAL HOTELS INTERNATIONAL POWER ITV J. SAINSBURY JOHNSON MATTHEY KAZAKHMYS KELDA GROUP KINGFISHER LAND SECURITIES GROUP LEGAL & GENERAL GROUP LIBERTY INTERNATIONAL LLOYDS TSB GROUP LONMIN MAN GROUP MARKS & SPENCER MORRISON (W.M.) SUPERMARKETS NATIONAL GRID NEXT NORTHERN ROCK OLD MUTUAL PEARSON PERSIMMON PRUDENTIAL RECKITT BENCKISER REED ELSEVIER RESOLUTION REUTERS GROUP REXAM RIO TINTO ROLLS-ROYCE GROUP ROLLS-ROYCE GROUP -B- 2007 ROYAL BANK OF SCOTLAND GROUP ROYAL DUTCH SHELL -AROYAL DUTCH SHELL -BROYAL SUN ALLIANCE SABMILLER SAGE GROUP SCOTTISH & NEWCASTLE SCOTTISH AND SOUTHERN ENERGY SCOTTISH POWER SEVERN TRENT 24,813 53,423 45,290 83,030 21,290 22,200 84,648 140,422 177,247 357,173 189,140 130,057 1,073,226 35,328 62,973 85,865 28,570 74,043 460,105 128,761 114,638 33,957 11,760 200,112 115,943 50,789 16,410 149,235 20,288 99,924 27,825 57,313 119,339 35,797 318,743 16,008 38,921 209,713 48,350 642,369 26,241 66,307 38,114 19,707 83,091 218,815 93,936 11,929 10,524 19,515 129,405 25,581 357,259 22,045 310,766 8,006 104,760 92,928 146,518 149,649 12,554 23,421 302,239 44,403 16,342 133,811 39,945 70,272 38,061 72,208 31,194 56,026 97,058 5,745,833 175,023 204,078 152,753 163,321 61,941 69,460 51,638 47,175 81,905 12,834 285,349.50 548,654.21 255,662.05 2,219,391.90 108,738.68 190,698.00 2,318,508.72 1,051,760.78 817,551.79 2,596,647.71 1,393,961.80 1,473,545.81 5,988,601.08 160,035.84 313,605.54 1,366,970.80 433,692.60 416,862.09 1,398,719.20 216,576.00 752,598.47 231,247.17 286,591.20 751,420.56 389,278.62 308,289.23 132,182.55 1,522,943.18 158,449.28 170,870.04 184,479.75 333,561.66 227,042.45 405,222.04 4,427,340.27 274,537.20 319,346.81 2,210,375.02 212,740.00 5,691,389.34 137,437.24 333,192.68 870,142.62 248,505.27 328,624.91 238,945.98 516,648.00 188,716.78 121,026.00 182,465.25 350,040.53 540,014.91 560,896.63 274,019.35 1,741,843.43 265,078.66 591,894.00 632,375.04 452,740.62 1,178,485.88 281,335.14 270,278.34 491,440.61 386,306.10 232,219.82 956,079.60 1,057,743.60 426,551.04 246,444.98 331,615.24 171,255.06 1,605,144.90 483,106.20 5,832.02 3,491,708.85 3,489,733.80 2,605,966.18 266,213.23 687,545.10 178,512.20 307,246.10 716,588.25 657,697.15 183,397.86 0.33 0.63 0.29 2.55 0.12 0.22 2.66 1.21 0.94 2.98 1.60 1.69 6.89 0.18 0.36 1.57 0.50 0.48 1.61 0.25 0.86 0.27 0.33 0.86 0.45 0.35 0.15 1.75 0.18 0.20 0.21 0.38 0.26 0.47 5.09 0.32 0.37 2.54 0.24 6.54 0.16 0.38 1.00 0.29 0.38 0.27 0.59 0.22 0.14 0.21 0.40 0.62 0.64 0.31 2.00 0.30 0.68 0.73 0.52 1.35 0.32 0.31 0.56 0.44 0.27 1.10 1.21 0.49 0.28 0.38 0.20 1.84 0.55 0.01 4.01 4.01 2.99 0.31 0.79 0.20 0.35 0.82 0.76 0.21 The notes are an integral part of the financial statements. Any differences in the percentage of Net Assets are the result of roundings. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on FTSE 100 Statement of Investments in Securities and Other Net Assets (Continued) Page 17 Description Quantity / Nominal Valuation (in GBP) % of net assets GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP SHIRE SLOUGH ESTATES REAL ESTATE INVESTMENT TRUST SMITH & NEPHEW SMITHS GROUP STANDARD CHARTERED STANDARD LIFE TATE & LYLE TESCO UNILEVER UNITED UTILITIES VEDANTA RESOURCES VODAFONE GROUP WHITBREAD WOLSELEY WPP GROUP XSTRATA YELL GROUP 3I GROUP (new) 31,401 26,234 52,236 31,352 77,009 116,108 27,342 439,417 72,276 48,082 7,580 2,905,567 10,902 37,108 68,078 38,897 42,746 25,946 334,106.64 204,231.69 337,966.92 320,103.92 1,127,411.76 366,901.28 156,806.37 1,955,405.65 1,096,426.92 359,412.95 100,131.80 4,114,282.87 204,957.60 446,409.24 525,562.16 1,003,542.60 256,476.00 295,784.40 85,034,414.86 85,034,414.86 85,034,414.86 0.38 0.23 0.39 0.37 1.29 0.42 0.18 2.25 1.26 0.41 0.11 4.73 0.24 0.51 0.60 1.15 0.29 0.34 97.63 97.63 97.63 Shares (and equity-type securities) Securities listed on a stock exchange or other organised markets: Shares (and equity-type securities) Total of Portfolio Cash at banks Other Net Assets Total net assets 1,482,998.61 576,800.98 87,094,214.45 1.70 0.67 100.00 The notes are an integral part of the financial statements. Any differences in the percentage of Net Assets are the result of roundings. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on Nikkei 300 Manager's Report, Technical Data and Notes Manager's Report This is a passively managed fund which invests in shares listed in the Nikkei 300 index. The aim is to track the reference index as closely as possible in order to minimize deviations from its performance. This is ensured by using the full replication indexing method; in other words, the fund contains all stocks included in the Nikkei 300. Looking at individual sectors, ocean freight, iron/steel and electric/gas utilities posted the strongest gains. The losers were the retail and banking sectors. Page 18 Five shares in the Nikkei 300 basket were replaced during the year under review. All index changes were replicated by the fund to make sure it matches the current index composition. (The information stated relates to the period under review and is not indicative of future returns.) Technical Data Valoren B - Capitalisation I - Capitalisation JPY JPY 890394 1058403 ISIN LU0102716577 LU0108963983 Management Fee 0.90% 0.35% Total Expense Ratio 1.01% 0.46% The Portfolio Turnover Rate was -20.53% for the period from 01.04.2006 to 31.03.2007. Fund Performance YTD B - Capitalisation I - Capitalisation Nikkei 300 CR JPY JPY JPY 2.43% 2.48% 2.06% Since Inception / / / 2006 6.90% 7.40% 6.61% 2005 43.10% 43.84% 42.08% 2004 9.38% 9.96% 9.10% Notes Securities Lending As of 31.03.2007 the subfund participated in the "Securities Lending" - system for a global market value of JPY 6,705,870,898.00. Financial futures contracts Description TOPIX INDEX FUTURE 06/07 Currency JPY Quantity 74 Engagement 1,269,840,000.00 Valuation (in JPY) 11,454,139.87 Unrealised gain on financial futures contracts 11,454,139.87 Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on Nikkei 300 Statement of Net Assets in JPY and Fund Evolution Page 19 31.03.2007 Assets Investments in securities at market value Cash at banks Subscriptions receivable Income receivable Other assets 35,762,512,994.00 1,062,405,903.46 88,168,026.91 190,524,283.36 11,454,139.87 37,115,065,347.60 Liabilities Redemptions payable Provisions for accrued expenses 33,809,498.95 25,174,390.69 58,983,889.64 Net assets 37,056,081,457.96 Fund Evolution 31.03.2007 31.03.2006 31.03.2005 Total net assets Net asset value per unit B - Capitalisation I - Capitalisation JPY 37,056,081,457.96 32,471,781,199.19 15,761,073,678.70 JPY JPY 11,950 123,807 11,556 119,246 7,753 79,631 Number of units outstanding B - Capitalisation I - Capitalisation JPY JPY at the end of the year at the beginning of the year Number of units issued Number of units redeemed 2,145,992.074 92,165.080 2,004,558.680 78,042.058 1,072,498.398 23,028.080 931,065.004 8,905.058 The notes are an integral part of the financial statements. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on Nikkei 300 Statement of Operations / Changes in Net Assets in JPY Page 20 31.03.2007 Net assets at the beginning of the year Income Dividends (net) Bank interest Other income 359,488,661.56 779,756.86 9,600,821.22 32,471,781,199.19 369,869,239.64 Expenses Management fee Custodian and safe custody fees Printing and publication expenses Audit, control, legal, representative bank and other expenses "Taxe d'abonnement" 213,857,432.16 11,832,627.01 2,418,718.00 4,390,393.20 15,558,660.09 248,057,830.46 Net income (loss) Realised gain (loss) Net realised gain (loss) on sales of investments Net realised gain (loss) on financial futures contracts 1,408,859,054.32 26,554,459.51 121,811,409.18 1,435,413,513.83 Net realised gain (loss) Change in net unrealised appreciation (depreciation) Change in net unrealised appreciation (depreciation) on investments Change in net unrealised appreciation (depreciation) on financial futures contracts -691,032,872.32 -14,074,192.64 1,557,224,923.01 -705,107,064.96 Net increase (decrease) in net assets as a result of operations Subscriptions / Redemptions Subscriptions Redemptions 15,223,641,328.88 -11,491,458,928.16 852,117,858.05 3,732,182,400.72 Net assets at the end of the year 37,056,081,457.96 The notes are an integral part of the financial statements. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on Nikkei 300 Breakdown by Country and Economic Sector of the Investments in Securities Statement of Investments in Securities and Other Net Assets Breakdown by Country Japan USA 96.33 0.18 Page 21 Statement of Investments in Securities and Other Net Assets Description Quantity / Nominal Valuation (in JPY) % of net assets Total 96.51 Securities listed on a stock exchange or other organised markets: Shares (and equity-type securities) Shares (and equity-type securities) Breakdown by Economic Sector Vehicles Banks and other credit institutions Electrical appliances and components Financial, investment and other div. companies Telecommunication Pharmaceuticals, cosmetics and medical products Traffic and transportation Energy and water supply Miscellaneous trading companies Mechanical engineering and industrial equipment Chemicals Building materials and building industry Real estate Mining, coal and steel industry Computer hardware and networking Photographic and optics Electronics and semiconductors Tobacco and alcoholic beverages Miscellaneous consumer goods Textiles, garments and leather goods Retailing, department stores Food and soft drinks Insurance companies Internet, software and IT services Non-ferrous metals Graphics publishing and printing media Petroleum Rubber and tires Miscellaneous services Forestry, paper and forest products Lodging and catering industry, leisure facilities Watch and clock industry, jewellery Packaging industries Agriculture and fishery 11.42 11.27 9.66 7.80 5.49 4.47 4.39 4.34 3.78 3.72 3.24 2.98 2.84 2.57 2.30 1.69 1.52 1.45 1.39 1.25 1.24 1.23 1.10 1.05 0.90 0.80 0.66 0.61 0.52 0.28 0.21 0.14 0.13 0.07 Total 96.51 JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY ACOM AEON AEON CREDIT SERVICE AEON MALL AIFUL AJINOMOTO ALL NIPPON AIRWAYS AMADA AMANO ASAHI BREWERIES ASAHI GLASS ASAHI KASEI ASTELLAS PHARMA AVEX GROUP HOLDINGS BANK OF YOKOHAMA BENESSE BOSCH BRIDGESTONE BROTHER INDUSTRIES CANON CANON MARKETING JAPAN CENTRAL JAPAN RAILWAY CHIBA BANK CHUBU ELECTRIC POWER CHUDENKO CHUGAI PHARMACEUTICAL CITIZEN HOLDINGS COMSYS HOLDINGS CREDIT SAISON CSK HOLDINGS DAI NIPPON PRINTING DAICEL CHEMICAL INDUSTRIES DAIFUKU DAIICHI SANKYO DAIKIN INDUSTRIES DAINIPPON INK & CHEMICALS DAITO TRUST CONSTRUCTION DAIWA HOUSE INDUSTRY DAIWA SECURITIES GROUP DENKI KAGAKU KOGYO DENSO DENTSU EAST JAPAN RAILWAY EBARA EISAI FAMILYMART FANUC FAST RETAILING FUJI ELECTRIC HOLDINGS FUJI SOFT FUJIFILM HOLDINGS FUJIKURA FUJITSU FUKUYAMA TRANSPORTING FURUKAWA FURUKAWA ELECTRIC HANKYU HANSHIN HOLDINGS HEIWA HITACHI HITACHI CABLE HITACHI CAPITAL HITACHI CHEMICAL HITACHI CONSTRUCTION MACHINERY HITACHI SOFTWARE ENGINEERING HOKUTO HONDA MOTOR HOUSE FOODS HOYA INPEX HOLDINGS ISETAN ISHIKAWAJIMA-HARIMA HEAVY INDUSTRIES ITO EN ITOCHU ITOCHU TECHNO-SOLUTIONS ITOHAM FOODS IWATANI INTERNATIONAL JAPAN AIRLINES CORPORATION JAPAN TOBACCO JFE HOLDINGS JGC JS GROUP CORPORATION JTEKT KAJIMA KAMIGUMI 14,790 71,100 14,500 10,200 12,400 59,000 170,000 39,000 9,100 42,700 106,000 128,000 50,539 3,900 125,000 9,400 44,000 72,000 24,000 119,600 13,300 200 80,000 70,200 7,700 49,900 34,400 12,000 16,700 7,000 65,000 35,000 10,000 65,968 24,200 70,000 11,500 53,052 126,000 44,000 78,900 246 358 42,000 26,400 9,100 21,400 9,700 64,000 2,800 45,900 36,000 185,240 23,000 30,000 61,000 115,000 11,100 301,000 38,000 11,900 19,200 18,100 6,600 2,380 164,500 11,300 38,700 212 19,500 138,000 8,300 141,000 6,000 15,000 19,000 239,000 447 53,425 23,000 28,392 29,400 99,000 26,000 74,097,900.00 167,085,000.00 28,797,000.00 35,292,000.00 45,260,000.00 80,004,000.00 78,710,000.00 52,533,000.00 13,094,900.00 80,703,000.00 175,854,000.00 109,824,000.00 256,738,120.00 7,468,500.00 109,875,000.00 41,266,000.00 23,496,000.00 169,560,000.00 38,304,000.00 757,068,000.00 32,851,000.00 268,000,000.00 83,200,000.00 284,310,000.00 15,400,000.00 148,702,000.00 38,046,400.00 15,180,000.00 64,796,000.00 34,580,000.00 120,510,000.00 28,175,000.00 17,080,000.00 238,144,480.00 99,220,000.00 32,760,000.00 63,825,000.00 102,549,516.00 179,298,000.00 24,288,000.00 345,582,000.00 81,180,000.00 328,644,000.00 23,478,000.00 149,160,000.00 29,848,000.00 234,758,000.00 88,755,000.00 35,008,000.00 9,828,000.00 221,238,000.00 29,916,000.00 145,413,400.00 10,971,000.00 8,790,000.00 43,920,000.00 81,995,000.00 16,161,600.00 275,114,000.00 25,498,000.00 28,024,500.00 53,184,000.00 57,739,000.00 16,170,000.00 4,974,200.00 676,095,000.00 22,713,000.00 151,317,000.00 216,240,000.00 40,072,500.00 67,620,000.00 31,872,000.00 164,688,000.00 33,900,000.00 8,085,000.00 6,688,000.00 58,555,000.00 258,813,000.00 372,372,250.00 44,482,000.00 72,541,560.00 60,711,000.00 59,598,000.00 26,364,000.00 0.20 0.45 0.08 0.10 0.12 0.22 0.21 0.14 0.04 0.22 0.47 0.30 0.69 0.02 0.30 0.11 0.06 0.46 0.10 2.04 0.09 0.72 0.22 0.77 0.04 0.40 0.10 0.04 0.17 0.09 0.33 0.08 0.05 0.64 0.27 0.09 0.17 0.28 0.48 0.07 0.93 0.22 0.89 0.06 0.40 0.08 0.63 0.24 0.09 0.03 0.60 0.08 0.39 0.03 0.02 0.12 0.22 0.04 0.74 0.07 0.08 0.14 0.16 0.04 0.01 1.82 0.06 0.41 0.58 0.11 0.18 0.09 0.44 0.09 0.02 0.02 0.16 0.70 1.00 0.12 0.20 0.16 0.16 0.07 The notes are an integral part of the financial statements. Any differences in the percentage of Net Assets are the result of roundings. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on Nikkei 300 Statement of Investments in Securities and Other Net Assets (Continued) Page 22 Description Quantity / Nominal Valuation (in JPY) % of net assets Description Quantity / Nominal Valuation (in JPY) % of net assets JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY KANDENKO KANEKA KANSAI ELECTRIC POWER KAO KAWASAKI HEAVY INDUSTRIES KDDI KIKKOMAN KINTETSU KIRIN BREWERY KOBE STEEL KOKUYO KOMATSU KOMORI KONAMI KONICA MINOLTA HOLDINGS KUBOTA KURARAY KURITA WATER INDUSTRIES KYOCERA KYOWA HAKKO KOGYO KYUDENKO KYUSHU ELECTRIC POWER LAWSON LEOPALACE21 LION MAEDA MAEDA ROAD CONSTRUCTION MARUBENI MARUHA GROUP MARUI MATSUSHITA ELECTRIC INDUSTRIAL MATSUSHITA ELECTRIC WORKS MEIJI DAIRIES MEIJI SEIKA KAISHA MILLEA HOLDINGS MINEBEA MISAWA HOMES HOLDINGS MITSUBISHI MITSUBISHI CHEMICAL HOLDINGS MITSUBISHI ELECTRIC MITSUBISHI ESTATE MITSUBISHI GAS CHEMICAL MITSUBISHI HEAVY INDUSTRIES MITSUBISHI LOGISTICS MITSUBISHI MATERIALS MITSUBISHI PAPER MILLS MITSUBISHI RAYON MITSUBISHI UFJ FINANCIAL GROUP MITSUI & CO MITSUI CHEMICALS MITSUI FUDOSAN MITSUI MINING & SMELTING MITSUI O.S.K. LINES MITSUI SUMITOMO INSURANCE MITSUI-SOKO MITSUKOSHI MIZUHO FINANCIAL GROUP MIZUHO TRUST AND BANKING MORINAGA MILK INDUSTRY MURATA MANUFACTURING NACHI-FUJIKOSHI NAGOYA RAILROAD NAMCO BANDAI HOLDING NEC NGK INSULATORS NICHIREI NIHON UNISYS NIKKO CORDIAL NIKON NINTENDO NIPPO NIPPON ELECTRIC GLASS NIPPON EXPRESS NIPPON LIGHT METAL NIPPON MEAT PACKERS NIPPON MINING NIPPON OIL NIPPON PAINT NIPPON PAPER GROUP NIPPON SHARYO NIPPON SHEET GLASS NIPPON SHOKUBAI NIPPON STEEL NIPPON SUISAN KAISHA NIPPON YUSEN NIPPONKOA INSURANCE NISHIMATSU CONSTRUCTION NISSAN MOTOR 23,000 18,607,000.00 31,000 34,844,000.00 86,400 292,896,000.00 49,000 169,050,000.00 140,000 69,860,000.00 402 378,282,000.00 18,000 27,180,000.00 160,360 59,493,560.00 87,000 148,074,000.00 278,000 132,050,000.00 12,700 19,799,300.00 89,600 222,208,000.00 6,000 16,470,000.00 12,400 39,060,000.00 48,000 74,304,000.00 116,000 119,828,000.00 36,500 46,464,500.00 11,500 32,775,000.00 17,200 191,092,000.00 39,000 42,510,000.00 6,000 4,458,000.00 42,000 140,700,000.00 8,900 40,317,000.00 13,800 53,820,000.00 25,000 17,925,000.00 15,000 6,435,000.00 7,000 6,510,000.00 151,000 108,116,000.00 45,000 9,990,000.00 34,000 49,130,000.00 219,790 522,001,250.00 66,000 89,166,000.00 33,000 30,525,000.00 39,000 21,333,000.00 75,900 330,924,000.00 37,000 27,010,000.00 2,800 6,930,000.00 151,500 414,352,500.00 161,500 161,984,500.00 192,000 233,088,000.00 124,000 479,880,000.00 42,000 47,460,000.00 301,000 229,362,000.00 15,000 30,075,000.00 109,000 60,931,000.00 24,000 5,256,000.00 58,000 45,530,000.00 967 1,286,110,000.00 155,000 341,000,000.00 70,000 72,100,000.00 79,000 273,340,000.00 53,000 34,291,000.00 108,000 141,264,000.00 136,570 201,987,030.00 13,000 10,127,000.00 51,000 27,591,000.00 1,065 808,335,000.00 442,000 115,362,000.00 21,000 12,201,000.00 20,200 174,528,000.00 21,000 12,474,000.00 85,000 30,770,000.00 23,050 42,388,950.00 182,000 115,024,000.00 32,000 77,760,000.00 30,000 20,670,000.00 9,000 15,246,000.00 87,000 146,421,000.00 33,000 82,005,000.00 12,700 436,245,000.00 9,000 8,244,000.00 43,500 89,827,500.00 93,000 68,727,000.00 43,000 14,362,000.00 21,000 30,261,000.00 81,500 82,885,500.00 130,000 124,280,000.00 28,000 18,564,000.00 106 44,414,000.00 15,000 4,860,000.00 58,000 35,844,000.00 18,000 22,896,000.00 611,000 505,908,000.00 22,800 17,578,800.00 110,000 103,950,000.00 74,000 74,740,000.00 21,000 8,001,000.00 405,000 511,515,000.00 0.05 0.09 0.79 0.46 0.19 1.02 0.07 0.16 0.40 0.36 0.05 0.60 0.04 0.11 0.20 0.32 0.13 0.09 0.52 0.11 0.01 0.38 0.11 0.15 0.05 0.02 0.02 0.29 0.03 0.13 1.41 0.24 0.08 0.06 0.89 0.07 0.02 1.12 0.44 0.63 1.30 0.13 0.62 0.08 0.16 0.01 0.12 3.48 0.92 0.19 0.74 0.09 0.38 0.55 0.03 0.07 2.19 0.31 0.03 0.47 0.03 0.08 0.11 0.31 0.21 0.06 0.04 0.40 0.22 1.18 0.02 0.24 0.19 0.04 0.08 0.22 0.34 0.05 0.12 0.01 0.10 0.06 1.37 0.05 0.28 0.20 0.02 1.38 JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY NISSHIN SEIFUN GROUP NISSHIN STEEL NISSHINBO INDUSTRIES NISSIN FOOD PRODUCTS NITTO DENKO NOMURA HOLDINGS NOMURA RESEARCH INSTITUTE NSK NTN NTT NTT DATA NTT DOCOMO OBAYASHI OBIC ODAKYU ELECTRIC RAILWAY OJI PAPER OKAMURA OKUMA OKUMURA OLYMPUS ONWARD KASHIYAMA ORACLE CORP JAPAN ORIENT ORIENTAL LAND ORIX OSAKA GAS PANAHOME PENTA-OCEAN CONSTRUCTION PIONEER PROMISE QP RESONA HOLDINGS RICOH SAKATA SEED SANRIO SANWA SHUTTER SANYO ELECTRIC SAPPORO HOLDINGS SECOM SEGA SAMMY HOLDINGS SEINO HOLDINGS SEKISUI CHEMICAL SEKISUI HOUSE SEVEN & I HOLDINGS SHARP SHIMADZU SHIMAMURA SHIMANO SHIMIZU SHIN-ETSU CHEMICAL SHINMAYWA INDUSTRIES SHIONOGI & CO SHISEIDO SHIZUOKA BANK SHOWA SHELL SEKIYU SMC SNOW BRAND MILK PRODUCTS SOFTBANK SOJITZ SOMPO JAPAN INSURANCE SONY SQUARE ENIX SUMITOMO SUMITOMO CHEMICAL SUMITOMO ELECTRIC INDUSTRIES SUMITOMO FORESTRY SUMITOMO HEAVY INDUSTRIES SUMITOMO METAL INDUSTRIES SUMITOMO METAL MINING SUMITOMO MITSUI FINANCIAL GROUP SUMITOMO REALTY & DEVELOPMENT SUMITOMO RUBBER INDUSTRIES SUMITOMO TRUST & BANKING SUMITOMO WAREHOUSE SUZUKEN TAIHEIYO CEMENT TAISEI TAISHO PHARMACEUTICAL TAIYO NIPPON SANSO TAKARA HOLDINGS TAKARA STANDARD TAKASAGO THERMAL ENGINEERING TAKASHIMAYA TAKEDA PHARMACEUTICAL TAKEFUJI TDK TEIJIN TEKKEN 25,500 93,000 20,000 11,000 15,400 176,500 20,500 52,000 42,000 937 251 4,200 65,000 940 66,000 90,000 9,000 14,000 18,000 24,000 17,000 11,700 70,000 9,400 8,100 199,000 13,000 35,000 17,400 12,150 12,000 509 66,000 3,700 9,000 27,000 171,000 35,000 20,800 25,642 21,000 47,000 64,000 86,760 99,000 28,000 3,100 8,900 70,000 38,800 9,000 32,000 38,000 63,000 32,100 6,300 31,000 94,600 85,848 89,000 89,800 10,300 111,900 148,000 67,300 17,000 55,000 431,000 52,000 694 43,000 23,800 150,000 21,000 8,300 82,000 91,000 30,000 35,000 23,000 18,000 6,000 29,000 79,800 13,620 12,000 85,000 13,000 30,574,500.00 47,244,000.00 29,540,000.00 47,520,000.00 85,162,000.00 433,307,500.00 71,135,000.00 58,448,000.00 42,840,000.00 583,751,000.00 150,349,000.00 915,600,000.00 49,400,000.00 21,911,400.00 56,826,000.00 56,250,000.00 11,646,000.00 19,292,000.00 11,628,000.00 96,720,000.00 27,863,000.00 66,339,000.00 14,070,000.00 65,894,000.00 248,670,000.00 90,943,000.00 10,192,000.00 5,320,000.00 26,796,000.00 53,946,000.00 12,828,000.00 161,353,000.00 175,230,000.00 5,416,800.00 15,669,000.00 19,818,000.00 34,371,000.00 29,015,000.00 113,776,000.00 70,515,500.00 23,373,000.00 44,133,000.00 117,376,000.00 311,468,400.00 224,730,000.00 28,588,000.00 40,176,000.00 32,663,000.00 50,610,000.00 278,972,000.00 5,490,000.00 67,840,000.00 91,010,000.00 79,065,000.00 46,320,300.00 99,603,000.00 14,105,000.00 286,638,000.00 42,151,368.00 130,741,000.00 537,902,000.00 31,312,000.00 237,228,000.00 131,720,000.00 120,601,600.00 21,148,000.00 64,570,000.00 262,479,000.00 118,300,000.00 742,580,000.00 192,210,000.00 30,725,800.00 184,350,000.00 19,572,000.00 34,694,000.00 42,722,000.00 39,767,000.00 64,800,000.00 37,240,000.00 19,136,000.00 12,240,000.00 6,390,000.00 42,079,000.00 616,854,000.00 64,422,600.00 122,640,000.00 56,525,000.00 1,898,000.00 0.08 0.13 0.08 0.13 0.23 1.17 0.19 0.16 0.12 1.58 0.41 2.48 0.13 0.06 0.15 0.15 0.03 0.05 0.03 0.26 0.08 0.18 0.04 0.18 0.67 0.25 0.03 0.01 0.07 0.15 0.03 0.44 0.47 0.01 0.04 0.05 0.09 0.08 0.31 0.19 0.06 0.12 0.32 0.84 0.61 0.08 0.11 0.09 0.14 0.75 0.01 0.18 0.25 0.21 0.13 0.27 0.04 0.77 0.11 0.35 1.45 0.08 0.64 0.36 0.33 0.06 0.17 0.71 0.32 2.00 0.52 0.08 0.50 0.05 0.09 0.12 0.11 0.17 0.10 0.05 0.03 0.02 0.11 1.66 0.17 0.33 0.15 0.01 The notes are an integral part of the financial statements. Any differences in the percentage of Net Assets are the result of roundings. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on Nikkei 300 Statement of Investments in Securities and Other Net Assets (Continued) Page 23 Description Quantity / Nominal Valuation (in JPY) % of net assets JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY JPY TIS TOBU RAILWAY TODA TOHO TOHOKU ELECTRIC POWER TOKYO DOME TOKYO ELECTRIC POWER TOKYO ELECTRON TOKYO GAS TOKYO OHKA KOGYO TOKYU TONENGENERAL SEKIYU TOPPAN FORMS TOPPAN PRINTING TOPY INDUSTRIES TORAY INDUSTRIES TOSHIBA TOTO TOYO INK MFG TOYO SEIKAN KAISHA TOYOBO TOYOTA INDUSTRIES TOYOTA MOTOR TOYOTA TSUSHO TRANS COSMOS TREND MICRO TSUBAKIMOTO CHAIN UBE INDUSTRIES UNI-CHARM UNY USS CO WACOAL HOLDINGS WEST JAPAN RAILWAY YAHOO JAPAN YAKULT HONSHA YAMADA DENKI YAMAHA YAMATO HOLDINGS YAMAZAKI BAKING YOKOHAMA RUBBER 3,500 9,800,000.00 77,000 43,582,000.00 25,000 14,100,000.00 16,300 37,490,000.00 44,400 132,756,000.00 17,000 10,846,000.00 121,600 490,048,000.00 16,300 134,312,000.00 252,000 165,564,000.00 3,800 11,210,000.00 109,000 100,062,000.00 54,000 71,064,000.00 9,300 13,931,400.00 62,000 76,260,000.00 16,000 7,584,000.00 122,000 103,944,000.00 288,000 226,656,000.00 33,000 38,973,000.00 22,000 9,680,000.00 20,700 49,162,500.00 63,000 22,113,000.00 28,800 160,704,000.00 323,900 2,445,445,000.00 32,216 96,970,160.00 4,000 9,620,000.00 12,000 38,640,000.00 15,000 11,115,000.00 95,000 35,530,000.00 5,900 44,014,000.00 17,000 27,489,000.00 3,080 23,685,200.00 15,000 22,395,000.00 176 95,744,000.00 5,411 219,957,150.00 16,200 48,762,000.00 8,570 94,098,600.00 19,500 51,285,000.00 42,000 79,800,000.00 17,000 18,275,000.00 35,000 25,340,000.00 35,762,512,994.00 35,762,512,994.00 35,762,512,994.00 0.03 0.12 0.04 0.10 0.36 0.03 1.32 0.36 0.45 0.03 0.27 0.19 0.04 0.21 0.02 0.28 0.61 0.11 0.03 0.13 0.06 0.43 6.61 0.26 0.03 0.10 0.03 0.10 0.12 0.07 0.06 0.06 0.26 0.59 0.13 0.25 0.14 0.22 0.05 0.07 96.51 96.51 96.51 Shares (and equity-type securities) Securities listed on a stock exchange or other organised markets: Shares (and equity-type securities) Total of Portfolio Cash at banks Other Net Assets Total net assets 1,062,405,903.46 231,162,560.50 37,056,081,457.96 2.87 0.62 100.00 The notes are an integral part of the financial statements. Any differences in the percentage of Net Assets are the result of roundings. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on S&P 500 Manager's Report, Technical Data and Notes Manager's Report This is a passively managed fund which invests in shares listed in the Standard & Poor’s 500 (S&P 500). The aim is to track the reference index as closely as possible in order to minimize deviations from its performance. This is ensured by using the full replication indexing method; in other words, the fund contains all stocks included in the S&P 500. The biggest gains were made by shares in utilities, telcos and commodities. At the bottom of the scale were the industrial and IT sectors, although they also posted positive returns. Page 24 31 shares in the S&P 500 basket were replaced during the year under review. All index changes were replicated by the fund to make sure it matches the current index composition. (The information stated relates to the period under review and is not indicative of future returns.) Technical Data Valoren B - Capitalisation I - Capitalisation USD USD 890389 1058398 ISIN LU0102711180 LU0108964288 Management Fee 0.90% 0.35% Total Expense Ratio 1.02% 0.47% The Portfolio Turnover Rate was -24.25% for the period from 01.04.2006 to 31.03.2007. Fund Performance YTD B - Capitalisation I - Capitalisation S&P 500 TR USD USD USD 0.29% 0.36% 0.64% Since Inception / / / 2006 14.28% 14.79% 15.79% 2005 3.79% 4.28% 4.91% 2004 9.48% 10.20% 10.88% Notes Securities Lending As of 31.03.2007 the subfund participated in the "Securities Lending" - system for a global market value of USD 10,338,990.00. Financial futures contracts Description S&P 500 INDEX FUTURE 06/07 S&P 500 MINI INDEX FUTURE 06/07 Currency USD USD Quantity 34 39 Engagement 12,167,750.00 2,791,425.00 Valuation (in USD) 110,882.50 -7,395.73 Unrealised gain on financial futures contracts 103,486.77 Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on S&P 500 Statement of Net Assets in USD and Fund Evolution Page 25 31.03.2007 Assets Investments in securities at market value Cash at banks Receivable for securities sold Subscriptions receivable Income receivable Other assets 348,735,900.77 9,256,664.85 252,445.00 6,206,314.95 383,933.04 103,486.77 364,938,745.38 Liabilities Payable for securities purchased Redemptions payable Provisions for accrued expenses 175,858.22 97,378.98 291,432.21 564,669.41 Net assets 364,374,075.97 Fund Evolution 31.03.2007 31.03.2006 31.03.2005 Total net assets Net asset value per unit B - Capitalisation I - Capitalisation USD 364,374,075.97 365,146,228.48 355,890,585.71 USD USD 111.55 1,130.66 101.44 1,023.79 91.49 918.96 Number of units outstanding B - Capitalisation I - Capitalisation USD USD at the end of the year at the beginning of the year Number of units issued Number of units redeemed 2,849,982.360 41,096.792 3,120,289.043 47,506.275 1,001,506.316 906.013 1,271,812.999 7,315.496 The notes are an integral part of the financial statements. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on S&P 500 Statement of Operations / Changes in Net Assets in USD Page 26 31.03.2007 Net assets at the beginning of the year Income Dividends (net) Bank interest Other income 4,655,256.57 350,468.65 90,024.71 365,146,228.48 5,095,749.93 Expenses Management fee Custodian and safe custody fees Printing and publication expenses Audit, control, legal, representative bank and other expenses "Taxe d'abonnement" 2,875,802.95 138,991.69 28,884.19 87,627.78 173,651.91 3,304,958.52 Net income (loss) Realised gain (loss) Net realised gain (loss) on sales of investments Net realised gain (loss) on financial futures contracts Net realised gain (loss) on forward foreign exchange contracts 10,320,513.16 610,843.48 3.58 1,790,791.41 10,931,360.22 Net realised gain (loss) Change in net unrealised appreciation (depreciation) Change in net unrealised appreciation (depreciation) on investments Change in net unrealised appreciation (depreciation) on financial futures contracts 19,102,692.09 28,710.43 12,722,151.63 19,131,402.52 Net increase (decrease) in net assets as a result of operations Subscriptions / Redemptions Subscriptions Redemptions 108,222,192.01 -140,847,898.67 31,853,554.15 -32,625,706.66 Net assets at the end of the year 364,374,075.97 The notes are an integral part of the financial statements. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on S&P 500 Breakdown by Country and Economic Sector of the Investments in Securities Statement of Investments in Securities and Other Net Assets Breakdown by Country USA Bermuda Netherlands Antilles Cayman Islands Panama 93.93 0.75 0.60 0.28 0.15 Page 27 Statement of Investments in Securities and Other Net Assets Description Quantity / Nominal Valuation (in USD) % of net assets Securities listed on a stock exchange or other organised markets: Shares (and equity-type securities) Shares (and equity-type securities) Total 95.71 Breakdown by Economic Sector Pharmaceuticals, cosmetics and medical products Financial, investment and other div. companies Computer hardware and networking Banks and other credit institutions Petroleum Electrical appliances and components Telecommunication Retailing, department stores Insurance companies Energy and water supply Food and soft drinks Chemicals Tobacco and alcoholic beverages Lodging and catering industry, leisure facilities Aeronautic and astronautic industry Miscellaneous consumer goods Mechanical engineering and industrial equipment Internet, software and IT services Electronics and semiconductors Real estate Graphics publishing and printing media Building materials and building industry Textiles, garments and leather goods Forestry, paper and forest products Traffic and transportation Mortgage and funding institutions (MBA, ABS) Biotechnology Packaging industries Miscellaneous services Healthcare and social services Vehicles Mining, coal and steel industry Precious metals and precious stones Non-ferrous metals Miscellaneous trading companies Environmental services and recycling Rubber and tires Photographic and optics 9.35 8.88 8.52 8.46 8.01 6.37 6.12 3.96 3.92 3.25 2.85 2.49 2.05 2.01 1.99 1.95 1.76 1.35 1.25 1.23 1.19 0.91 0.81 0.80 0.77 0.73 0.72 0.72 0.68 0.55 0.50 0.46 0.37 0.22 0.17 0.16 0.11 0.07 Total 95.71 USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD ABBOTT LABORATORIES ABERCROMBIE & FITCH -AACE ADC TELECOMMUNICATIONS ADOBE SYSTEMS ADVANCED MICRO DEVICES AES AETNA AFFILIATED COMPUTER -AAFLAC AGILENT TECHNOLOGIES AIR PRODUCTS & CHEMICALS ALCOA ALLEGHENY ENERGY ALLEGHENY TECHNOLOGIES ALLERGAN ALLIED WASTE INDUSTRIES ALLSTATE ALLTEL ALTERA ALTRIA GROUP AMAZON.COM AMBAC FINANCIAL GROUP AMEREN AMERICAN ELECTRIC POWER AMERICAN EXPRESS AMERICAN INTERNATIONAL GROUP AMERICAN STANDARD COMPANIES AMERIPRISE FINANCIAL AMERISOURCEBERGEN AMGEN ANADARKO PETROLEUM ANALOG DEVICES ANHEUSER-BUSCH AON APACHE APARTMENT INVESTMENT & MANAGEMENT -AAPOLLO GROUP -AAPPLE APPLERA APPLIED MATERIALS ARCHER-DANIELS MIDLAND ARCHSTONE-SMITH TRUST ASHLAND AT&T AUTODESK AUTOMATIC DATA PROCESSING AUTONATION AUTOZONE AVALONBAY COMMUNITIES AVAYA AVERY DENNISON AVON PRODUCTS BAKER HUGHES BALL BANK OF AMERICA BANK OF NEW YORK BARR PHARMACEUTICALS BAUSCH & LOMB BAXTER INTERNATIONAL BB&T BEAR STEARNS COMPANIES BECTON DICKINSON BED BATH & BEYOND BEMIS BEST BUY BIG LOTS BIOGEN IDEC BIOMET BJ SERVICES BLACK & DECKER BMC SOFTWARE BOEING BOSTON PROPERTIES BOSTON SCIENTIFIC BRISTOL MYERS SQUIBB BROADCOM -ABROWN-FORMAN (nv) -BBRUNSWICK BURLINGTON NORTHERN SANTA FE CA CAMPBELL SOUP CAPITAL ONE FINANCIAL CARDINAL HEALTH 41,935 2,307 10,021 3,626 15,809 12,362 18,922 13,272 2,429 12,733 9,931 5,776 24,006 4,517 2,714 4,081 5,904 17,925 9,294 12,121 57,209 9,717 2,316 5,300 10,162 33,872 71,052 5,241 7,002 4,699 32,360 12,882 9,593 21,785 7,413 9,158 3,042 3,881 23,202 5,504 34,760 16,846 6,313 1,006 169,726 6,636 13,932 6,439 1,485 1,960 12,108 2,502 11,397 9,595 3,422 122,528 22,087 3,066 1,622 18,686 14,614 3,152 6,931 7,001 3,505 12,081 3,430 8,387 7,826 7,586 2,208 6,176 20,964 3,500 31,686 55,198 12,970 2,247 2,809 9,000 11,628 5,440 11,084 10,948 2,340,392.35 175,355.07 575,004.98 60,590.46 656,547.77 161,694.96 411,742.72 576,668.40 143,335.29 597,432.36 334,774.01 425,980.00 808,522.08 223,320.48 292,270.66 451,766.70 74,980.80 1,078,368.00 580,689.12 243,632.10 4,985,192.26 386,833.77 199,940.28 271,095.00 498,242.86 1,912,413.12 4,774,694.40 278,192.28 401,214.60 251,255.53 1,806,658.80 557,661.78 329,615.48 1,092,735.60 282,287.04 654,797.00 173,576.52 172,161.16 2,175,187.50 161,927.68 643,060.00 619,258.96 335,409.69 66,335.64 6,648,167.42 246,527.40 679,742.28 135,605.34 189,604.80 246,607.20 141,179.28 161,203.86 424,424.28 644,400.20 158,027.96 6,272,208.32 895,848.72 142,170.42 81,375.74 994,468.92 604,435.04 476,204.16 527,518.41 277,799.68 117,487.60 591,123.33 110,103.00 371,376.36 332,526.74 213,621.76 179,841.60 192,938.24 1,881,728.64 401,275.00 460,714.44 1,540,576.18 402,718.50 147,088.62 88,736.31 720,180.00 302,793.12 210,147.20 838,504.60 793,839.48 0.64 0.05 0.16 0.02 0.18 0.04 0.11 0.16 0.04 0.16 0.09 0.12 0.22 0.06 0.08 0.12 0.02 0.30 0.16 0.07 1.37 0.11 0.05 0.07 0.14 0.52 1.31 0.08 0.11 0.07 0.50 0.15 0.09 0.30 0.08 0.18 0.05 0.05 0.60 0.04 0.18 0.17 0.09 0.02 1.82 0.07 0.19 0.04 0.05 0.07 0.04 0.04 0.12 0.18 0.04 1.72 0.25 0.04 0.02 0.27 0.17 0.13 0.14 0.08 0.03 0.16 0.03 0.10 0.09 0.06 0.05 0.05 0.52 0.11 0.13 0.42 0.11 0.04 0.02 0.20 0.08 0.06 0.23 0.22 The notes are an integral part of the financial statements. Any differences in the percentage of Net Assets are the result of roundings. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on S&P 500 Statement of Investments in Securities and Other Net Assets (Continued) Page 28 Description Quantity / Nominal Valuation (in USD) % of net assets Description Quantity / Nominal Valuation (in USD) % of net assets USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD CARNIVAL (paired) CATERPILLAR CB RICHARD ELLIS CBS -BCELGENE CENTERPOINT ENERGY CENTEX CENTURYTEL C.H. ROBINSON WORLDWIDE CHARLES SCHWAB CHESAPEAKE ENERGY CHEVRON CHICAGO MERCANTILE EXCHANGE -ACHUBB CIENA CIGNA CINCINNATI FINANCIAL CINTAS CIRCUIT CITY STORES CISCO SYSTEMS CIT GROUP CITIGROUP CITIZENS COMMUNICATIONS CITRIX SYSTEMS CLEAR CHANNEL COMMUNICATIONS CLOROX CMS ENERGY COACH COCA-COLA COCA-COLA ENTERPRISES COGNIZANT TECHNOLOGY SOLUTIONS COLGATE-PALMOLIVE COMCAST -ACOMERICA COMMERCE BANCORP COMPASS BANCSHARES COMPUTER SCIENCES COMPUWARE CONAGRA FOODS CONOCOPHILLIPS CONSOL ENERGY CONSOLIDATED EDISON CONSTELLATION BRANDS -ACONSTELLATION ENERGY GROUP CONVERGYS COOPER INDUSTRIES -ACORNING COSTCO WHOLESALE COUNTRYWIDE FINANCIAL COVENTRY HEALTH CARE CR BARD CSX CUMMINS CVS/CAREMARK DANAHER DARDEN RESTAURANTS DEAN FOODS DEERE & CO DELL DEVELOPERS DIVERSIFIED REALTY DEVON ENERGY DILLARDS -ADIRECTV GROUP DOLLAR GENERAL DOMINION RESOURCES DOVER DOW CHEMICAL DOW JONES & CO DR HORTON DTE ENERGY DU PONT (E.I.) DE NEMOURS DUKE ENERGY HOLDING DYNEGY -AE TRADE FINANCIAL E. W. SCRIPPS -AEASTMAN CHEMICAL EASTMAN KODAK EATON EBAY ECOLAB EDISON INTERNATIONAL EL PASO ELECTRONIC ARTS ELECTRONIC DATA SYSTEMS ELI LILLY & CO EMBARQ EMC EMERSON ELECTRIC 11,384 17,471 4,465 20,376 11,097 9,746 3,616 4,099 4,704 28,180 12,039 59,143 900 11,161 2,528 2,598 5,100 4,116 2,454 164,001 4,795 133,855 10,573 5,361 12,903 5,016 5,260 9,938 55,719 6,216 3,695 14,853 86,501 3,888 5,159 3,716 4,307 4,330 12,481 45,081 4,440 7,284 6,223 4,496 4,390 4,070 41,284 13,391 15,027 4,723 2,254 11,130 1,367 41,679 6,395 3,888 4,606 5,785 64,248 3,115 12,163 1,849 20,958 5,791 9,298 5,960 26,885 1,758 7,579 5,230 24,607 37,260 9,697 12,087 2,340 2,224 6,038 3,545 30,842 5,133 7,919 19,707 7,703 13,695 27,043 4,325 56,656 23,221 533,795.76 1,156,405.49 152,390.45 621,468.00 584,811.90 176,402.60 151,112.64 184,168.07 223,816.32 517,384.80 373,931.34 4,432,767.85 477,999.00 580,483.61 70,202.56 368,266.50 216,087.00 148,752.24 45,227.22 4,170,545.43 255,141.95 6,880,147.00 156,374.67 169,622.04 449,153.43 321,324.96 93,943.60 494,912.40 2,680,641.09 124,444.32 331,404.55 992,774.52 2,236,915.86 231,685.92 173,342.40 255,103.40 225,299.17 40,961.80 306,907.79 3,118,252.77 172,538.40 373,305.00 129,625.09 391,241.92 111,330.40 184,452.40 942,513.72 719,096.70 508,663.95 262,882.18 179,486.02 444,198.30 198,105.64 1,423,754.64 451,487.00 161,935.20 213,027.50 627,498.95 1,502,760.72 195,466.25 852,018.15 60,850.59 479,309.46 122,363.83 828,730.74 290,609.60 1,237,785.40 60,176.34 167,344.32 251,981.40 1,215,093.66 762,712.20 91,830.59 256,002.66 104,364.00 139,733.92 136,579.56 293,986.85 1,019,019.68 219,281.76 392,148.88 288,707.55 395,086.87 381,816.60 1,444,366.63 242,935.25 773,920.96 996,180.90 0.15 0.32 0.04 0.17 0.16 0.05 0.04 0.05 0.06 0.14 0.10 1.22 0.13 0.16 0.02 0.10 0.06 0.04 0.01 1.14 0.07 1.89 0.04 0.05 0.12 0.09 0.03 0.14 0.74 0.03 0.09 0.27 0.61 0.06 0.05 0.07 0.06 0.01 0.08 0.86 0.05 0.10 0.04 0.11 0.03 0.05 0.26 0.20 0.14 0.07 0.05 0.12 0.05 0.39 0.12 0.04 0.06 0.17 0.41 0.05 0.23 0.02 0.13 0.03 0.23 0.08 0.34 0.02 0.05 0.07 0.33 0.21 0.03 0.07 0.03 0.04 0.04 0.08 0.28 0.06 0.11 0.08 0.11 0.10 0.40 0.07 0.21 0.27 USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD ENSCO INTERNATIONAL ENTERGY EOG RESOURCES EQUIFAX EQUITY RESIDENTIAL ESTEE LAUDER COMPANIES -AEXELON EXPRESS SCRIPTS EXXON MOBIL FAMILY DOLLAR STORES FANNIE MAE FEDERATED DEPARTMENT STORES FEDERATED INVESTORS -BFEDEX FIDELITY NATIONAL FIFTH THIRD BANCORP FIRST DATA FIRST HORIZON NATIONAL FIRSTENERGY FISERV FLUOR (new shares) FORD MOTOR FOREST LABORATORIES FORTUNE BRANDS FPL GROUP FRANKLIN RESOURCES FREDDIE MAC FREEPORT MCMORAN COPPER -BGANNETT GAP GENERAL DYNAMICS GENERAL ELECTRIC GENERAL MILLS GENERAL MOTORS GENUINE PARTS GENWORTH FINANCIAL -AGENZYME GILEAD SCIENCES GOLDMAN SACHS GOODRICH GOODYEAR TIRE & RUBBER GOOGLE H & R BLOCK HALLIBURTON HARLEY-DAVIDSON HARMAN INTERNATIONAL INDUSTRIES HARRAHS ENTERTAINMENT HARTFORD FINANCIAL SERVICES GROUP HASBRO HERCULES HESS HEWLETT-PACKARD HILTON HOTELS H.J. HEINZ HOME DEPOT HONEYWELL INTERNATIONAL HOSPIRA HOST HOTELS AND RESORTS HUDSON CITY BANCORP HUMANA HUNTINGTON BANCSHARES IAC / INTERACTIVECORP IBM ILLINOIS TOOL WORKS IMS HEALTH INGERSOLL-RAND -AINTEGRYS ENERGY GROUP INTEL INTERNATIONAL FLAVORS & FRAGRANCES INTERNATIONAL GAME TECHNOLOGY INTERNATIONAL PAPER INTERPUBLIC GROUP INTUIT ITT JABIL CIRCUIT JANUS CAPITAL JC PENNEY JDS UNIPHASE JOHNSON & JOHNSON JOHNSON CONTROLS JONES APPAREL GROUP JP MORGAN CHASE JUNIPER NETWORKS KB HOME KELLOGG KEYCORP KEYSPAN KIMBERLY-CLARK 4,113 5,377 6,495 3,816 8,592 3,596 19,249 3,174 154,845 3,156 27,387 15,816 2,532 8,319 4,759 14,534 20,786 3,383 8,533 3,835 2,983 46,546 8,628 4,258 10,607 4,553 19,527 11,458 6,014 12,608 11,011 280,969 9,412 14,162 4,045 13,996 7,006 13,411 11,259 3,313 6,881 5,926 9,488 29,219 6,893 1,370 5,357 8,926 4,803 3,674 7,486 72,547 11,299 9,107 54,234 22,317 4,680 16,153 12,853 3,924 7,156 5,663 40,968 11,380 5,939 8,139 2,959 158,590 2,622 8,366 11,540 12,107 8,327 4,313 5,353 3,626 6,009 6,123 79,226 5,308 3,215 94,435 14,906 2,191 7,237 10,139 4,785 11,734 227,654.55 565,445.32 466,795.65 139,474.80 409,580.64 175,376.92 1,330,105.90 259,569.72 11,805,382.80 92,344.56 1,511,488.53 717,413.76 93,126.96 895,956.30 216,534.50 566,680.66 549,997.56 140,665.14 570,175.06 203,216.65 268,112.04 370,040.70 444,945.96 335,147.18 654,451.90 548,499.91 1,168,105.14 748,780.30 337,926.66 218,496.64 843,993.15 9,988,447.95 545,143.04 437,464.18 197,193.75 489,860.00 420,850.42 1,022,588.75 2,332,864.80 171,083.32 213,311.00 2,731,411.92 197,729.92 936,176.76 402,206.55 132,561.20 451,809.38 854,753.76 138,374.43 72,634.98 426,028.26 2,901,880.00 406,538.02 428,211.14 1,996,895.88 1,025,242.98 190,101.60 420,785.65 175,186.39 224,766.72 157,360.44 212,872.17 3,874,343.76 586,752.80 175,675.62 352,662.87 165,260.15 3,027,483.10 123,705.96 339,659.60 414,170.60 148,795.03 225,245.35 259,556.34 114,500.67 76,218.52 488,351.43 92,579.76 4,780,496.84 505,693.16 99,022.00 4,580,097.50 296,778.46 94,300.64 370,389.66 382,443.08 196,615.65 807,299.20 0.06 0.16 0.13 0.04 0.11 0.05 0.37 0.07 3.23 0.03 0.41 0.20 0.03 0.25 0.06 0.16 0.15 0.04 0.16 0.06 0.07 0.10 0.12 0.09 0.18 0.15 0.32 0.21 0.09 0.06 0.23 2.73 0.15 0.12 0.05 0.13 0.12 0.28 0.64 0.05 0.06 0.75 0.05 0.26 0.11 0.04 0.12 0.23 0.04 0.02 0.12 0.80 0.11 0.12 0.55 0.28 0.05 0.12 0.05 0.06 0.04 0.06 1.06 0.16 0.05 0.10 0.05 0.83 0.03 0.09 0.11 0.04 0.06 0.07 0.03 0.02 0.13 0.03 1.31 0.14 0.03 1.26 0.08 0.03 0.10 0.10 0.05 0.22 The notes are an integral part of the financial statements. Any differences in the percentage of Net Assets are the result of roundings. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on S&P 500 Statement of Investments in Securities and Other Net Assets (Continued) Page 29 Description Quantity / Nominal Valuation (in USD) % of net assets Description Quantity / Nominal Valuation (in USD) % of net assets USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD KIMCO REALTY KINDER MORGAN KING PHARMACEUTICALS KLA-TENCOR KOHL'S KROGER LABORATORY CORP OF AMERICA HOLDINGS LEGG MASON LEGGETT & PLATT LEHMAN BROTHERS HOLDINGS LENNAR -ALEXMARK INTERNATIONAL -ALIMITED BRANDS LINCOLN NATIONAL LINEAR TECHNOLOGY LIZ CLAIBORNE LOCKHEED MARTIN LOEWS LOWE'S COMPANIES LSI LOGIC L-3 COMMUNICATIONS HOLDINGS MANOR CARE MARATHON OIL MARRIOTT INTERNATIONAL -AMARSH & MCLENNAN MARSHALL & ILSLEY MASCO MATTEL MAXIM INTEGRATED PRODUCTS MBIA MC CORMICK (nv) MCDONALD'S MCGRAW-HILL COMPANIES MCKESSON MEADWESTVACO MEDCO HEALTH SOLUTIONS MEDIMMUNE MEDTRONIC MELLON FINANCIAL MERCK & CO MEREDITH MERRILL LYNCH & CO METLIFE MGIC INVESTMENT MICRON TECHNOLOGY MICROSOFT MILLIPORE MOLEX MOLSON COORS -BMONSANTO MONSTER WORLDWIDE MOODY'S MORGAN STANLEY MOTOROLA M&T BANK MURPHY OIL MYLAN LABORATORIES NABORS INDUSTRIES NATIONAL CITY NATIONAL OILWELL VARCO NATIONAL SEMICONDUCTOR NCR NETWORK APPLIANCE NEW YORK TIMES -ANEWELL RUBBERMAID NEWMONT MINING NEWS -ANICOR NIKE -BNISOURCE NOBLE NORDSTROM NORFOLK SOUTHERN NORTHERN TRUST NORTHROP GRUMMAN NOVELL NOVELLUS SYSTEMS NUCOR NVIDIA OCCIDENTAL PETROLEUM OFFICE DEPOT OFFICEMAX OMNICOM GROUP ORACLE PACCAR PACTIV PALL PARKER-HANNIFIN 5,825 3,078 7,527 4,623 8,665 18,223 3,735 4,187 3,610 14,892 4,086 2,962 9,938 7,345 8,966 3,145 9,694 11,860 43,658 11,497 3,494 2,134 8,975 9,679 14,716 6,573 10,341 12,553 10,489 3,153 4,234 32,718 8,943 7,849 5,484 7,323 7,047 31,649 10,663 59,716 1,202 24,501 20,392 1,751 19,540 234,644 1,174 4,137 1,476 15,673 3,846 6,300 29,351 67,542 2,669 4,712 5,969 6,806 15,490 5,365 7,446 5,391 8,961 4,048 8,147 13,370 66,556 1,479 4,911 7,991 4,019 6,345 12,049 4,807 10,073 10,281 3,456 7,804 10,176 23,035 7,312 2,197 4,576 110,599 7,165 4,413 3,734 3,025 281,347.50 327,252.96 147,755.01 247,191.81 660,446.30 510,244.00 271,870.65 396,843.86 81,261.10 1,047,056.52 175,902.30 172,862.32 261,369.40 496,154.75 282,160.02 133,127.85 950,981.40 542,832.20 1,359,510.12 115,314.91 306,074.40 115,620.12 914,193.50 471,657.67 434,122.00 306,104.61 281,585.43 347,467.04 311,942.86 207,372.81 162,839.64 1,468,056.66 560,189.52 456,262.37 167,426.52 526,011.09 251,718.84 1,549,851.53 459,042.15 2,624,518.20 69,199.14 1,997,076.51 1,291,629.28 102,118.32 231,353.60 6,511,371.00 83,835.34 116,456.55 138,714.48 859,977.51 181,223.52 391,167.00 2,301,998.93 1,196,168.82 310,591.53 255,626.00 125,408.69 203,703.58 581,029.90 422,279.15 177,438.18 258,821.91 326,090.79 95,330.40 254,023.46 568,091.30 1,524,797.96 71,790.66 515,507.67 196,738.42 319,389.93 330,955.20 601,606.57 290,294.73 753,460.40 74,948.49 111,283.20 515,922.44 292,051.20 1,158,660.50 255,920.00 113,562.93 468,216.32 2,008,477.84 528,347.10 149,600.70 140,921.16 259,696.25 0.08 0.09 0.04 0.07 0.18 0.14 0.07 0.11 0.02 0.29 0.05 0.05 0.07 0.14 0.08 0.04 0.26 0.15 0.37 0.03 0.08 0.03 0.25 0.13 0.12 0.08 0.08 0.10 0.09 0.06 0.04 0.40 0.15 0.13 0.05 0.14 0.07 0.43 0.13 0.72 0.02 0.55 0.35 0.03 0.06 1.79 0.02 0.03 0.04 0.24 0.05 0.11 0.63 0.33 0.09 0.07 0.03 0.06 0.16 0.12 0.05 0.07 0.09 0.03 0.07 0.16 0.42 0.02 0.14 0.05 0.09 0.09 0.17 0.08 0.21 0.02 0.03 0.14 0.08 0.32 0.07 0.03 0.13 0.55 0.15 0.04 0.04 0.07 USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD PATTERSON PAYCHEX PEABODY ENERGY PEPSI BOTTLING GROUP PEPSICO PERKINELMER PFIZER PG&E PINNACLE WEST CAPITAL PITNEY BOWES PLUM CREEK TIMBER PMC-SIERRA PNC FINANCIAL SERVICES POLO RALPH LAUREN -APPG INDUSTRIES PPL PRAXAIR PRINCIPAL FINANCIAL PROCTER & GAMBLE PROGRESS ENERGY PROGRESSIVE PROLOGIS PRUDENTIAL FINANCIAL PUBLIC SERVICE ENTERPRISE PUBLIC STORAGE PULTE HOMES Q LOGIC QUALCOMM QUEST DIAGNOSTICS QUESTAR QWEST COMMUNICATIONS INTERNATIONAL RADIOSHACK RAYTHEON REALOGY REGIONS FINANCIAL REYNOLDS AMERICAN ROBERT HALF INTERNATIONAL ROCKWELL AUTOMATION ROCKWELL COLLINS ROHM & HAAS ROWAN COMPANIES R.R. DONNELLEY & SONS RYDER SYSTEM SABRE HOLDINGS -ASAFECO SAFEWAY SANDISK SANMINA-SCI SARA LEE SCHERING-PLOUGH SCHLUMBERGER SEALED AIR SEARS HOLDINGS SEMPRA ENERGY SHERWIN-WILLIAMS SIGMA-ALDRICH SIMON PROPERTY GROUP SLM SMITH INTERNATIONAL SNAP-ON SOLECTRON SOUTHERN SOUTHWEST AIRLINES SOVEREIGN BANCORP SPECTRA ENERGY SPRINT NEXTEL ST JUDE MEDICAL STAPLES STARBUCKS STARWOOD HOTELS & RESORTS WORLDWIDE STATE STREET STRYKER SUN MICROSYSTEMS SUNOCO SUNTRUST BANKS SUPERVALU SYMANTEC SYNOVUS FINANCIAL SYSCO T ROWE PRICE GROUP TARGET TECO ENERGY TEKTRONIX TELLABS TEMPLE-INLAND TENET HEALTHCARE TERADYNE TEREX 3,820 10,740 7,238 3,589 45,175 4,156 194,013 8,950 2,466 5,781 5,468 6,262 8,730 1,700 5,313 11,122 8,598 7,583 85,846 6,543 19,471 7,057 12,792 6,842 3,642 6,046 5,132 44,675 4,312 2,364 45,573 3,747 13,153 6,596 21,926 4,896 4,899 4,416 4,445 3,129 2,914 4,905 1,891 2,917 2,457 11,616 7,478 17,847 18,228 39,662 30,699 4,548 2,136 8,156 3,510 5,091 5,566 12,587 5,200 1,546 25,141 21,985 20,729 9,310 17,719 80,893 8,957 21,323 19,490 5,394 9,779 7,760 104,468 3,879 9,732 6,060 24,759 9,023 18,345 6,754 22,668 5,040 2,346 12,652 2,216 11,786 6,339 2,706 134,846.00 412,738.20 292,053.30 114,130.20 2,872,678.25 99,619.32 4,929,870.33 434,701.50 119,896.92 262,688.64 213,580.08 39,450.60 629,869.50 148,801.00 375,150.93 458,560.06 540,986.16 453,918.38 5,430,617.96 332,449.83 424,662.51 454,400.23 1,152,687.12 570,417.54 341,910.96 159,856.24 87,244.00 1,887,518.75 215,255.04 213,398.28 407,878.35 101,731.05 692,242.39 195,835.24 780,127.08 308,594.88 181,850.88 265,269.12 297,326.05 162,019.62 95,987.16 180,307.80 92,110.61 95,444.24 163,857.33 425,261.76 327,685.96 63,535.32 305,683.56 1,009,794.52 2,169,498.33 144,171.60 387,043.20 501,023.08 230,466.60 211,989.24 607,807.20 513,297.86 252,564.00 74,455.36 77,434.28 811,466.35 303,265.27 236,474.00 459,985.24 1,536,967.00 336,335.35 554,184.77 610,621.70 350,070.60 636,319.53 510,685.60 622,629.28 272,732.49 816,904.08 234,279.60 432,044.55 294,149.80 618,960.30 319,464.20 1,354,413.00 86,889.60 65,922.60 125,381.32 131,918.48 75,901.84 104,213.16 193,154.28 0.04 0.11 0.08 0.03 0.79 0.03 1.35 0.12 0.03 0.07 0.06 0.01 0.17 0.04 0.10 0.13 0.15 0.12 1.49 0.09 0.12 0.12 0.32 0.16 0.09 0.04 0.02 0.52 0.06 0.06 0.11 0.03 0.19 0.05 0.21 0.08 0.05 0.07 0.08 0.04 0.03 0.05 0.03 0.03 0.04 0.12 0.09 0.02 0.08 0.28 0.60 0.04 0.11 0.14 0.06 0.06 0.17 0.14 0.07 0.02 0.02 0.22 0.08 0.06 0.13 0.42 0.09 0.15 0.17 0.10 0.17 0.14 0.17 0.07 0.22 0.06 0.12 0.08 0.17 0.09 0.37 0.02 0.02 0.03 0.04 0.02 0.03 0.05 The notes are an integral part of the financial statements. Any differences in the percentage of Net Assets are the result of roundings. Credit Suisse IndexMatch (Lux) • Audited Annual Report at 31.03.2007 Credit Suisse IndexMatch (Lux) on S&P 500 Statement of Investments in Securities and Other Net Assets (Continued) Page 30 Description Quantity / Nominal Valuation (in USD) % of net assets USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD TEXAS INSTRUMENTS TEXTRON THE HERSHEY COMPANY THE STANLEY WORKS THERMO FISHER SCIENTIFIC TIFFANY & CO TIME WARNER TJX COS TORCHMARK TRANSOCEAN TRAVELERS COMPANIES TRIBUNE TXU TYCO INTERNATIONAL TYSON FOODS -AUNION PACIFIC UNISYS UNITED PARCEL SERVICE -BUNITED STATES STEEL UNITED TECHNOLOGIES UNITEDHEALTH GROUP UNUM GROUP US BANCORP UST VALERO ENERGY VARIAN MEDICAL SYSTEMS VERISIGN VERIZON COMMUNICATIONS VF VIACOM -BVORNADO REALTY TRUST VULCAN MATERIALS WACHOVIA WALGREEN WAL-MART STORES WALT DISNEY WASHINGTON MUTUAL WASTE MANAGEMENT WATERS WATSON PHARMACEUTICALS WEATHERFORD INTERNATIONAL WELLPOINT WELLS FARGO & CO (new shares) WENDY'S INTERNATIONAL WESTERN UNION WEYERHAEUSER WHIRLPOOL WHOLE FOODS MARKET WILLIAMS COMPANIES WINDSTREAM WM WRIGLEY JR WW GRAINGER WYETH WYNDHAM WORLDWIDE XCEL ENERGY XEROX XILINX XL CAPITAL -AXTO ENERGY YAHOO YUM BRANDS ZIMMER HOLDINGS ZIONS BANCORP 3M 40,054 3,028 3,910 2,321 12,746 4,066 106,760 11,316 2,891 8,322 17,885 4,888 12,014 51,547 8,015 7,809 8,600 29,804 3,229 27,802 37,427 8,938 48,602 5,381 17,110 3,638 6,946 79,850 2,708 19,665 3,575 3,060 52,156 26,042 67,006 56,540 24,700 14,345 3,075 3,183 9,620 16,777 92,072 3,279 20,786 6,505 2,247 3,985 18,208 12,071 5,565 2,194 36,946 5,277 9,466 24,135 11,066 4,839 9,468 31,974 6,780 7,125 2,656 20,505 1,217,241.06 272,792.52 213,642.40 128,397.72 585,296.32 185,287.62 2,119,186.00 303,834.60 189,100.31 688,645.50 926,800.70 154,118.64 773,221.04 1,605,173.58 151,964.40 791,051.70 72,928.00 2,091,048.64 326,839.38 1,806,851.98 1,977,642.68 204,948.34 1,701,556.02 310,591.32 1,114,545.40 171,240.66 174,205.68 2,999,964.50 222,868.40 799,578.90 419,848.00 357,622.20 2,882,140.56 1,203,140.40 3,130,520.32 1,944,410.60 1,005,290.00 498,058.40 175,828.50 84,572.31 443,963.00 1,349,038.57 3,180,166.88 102,075.27 461,657.06 485,468.15 189,849.03 176,376.10 526,939.52 176,478.02 283,091.55 168,104.28 1,843,605.40 179,418.00 235,608.74 410,295.00 282,514.98 339,310.68 526,136.76 1,002,065.16 391,206.00 610,826.25 225,228.80 1,560,225.45 348,735,900.77 348,735,900.77 0.33 0.07 0.06 0.04 0.16 0.05 0.58 0.08 0.05 0.19 0.25 0.04 0.21 0.44 0.04 0.22 0.02 0.57 0.09 0.50 0.54 0.06 0.47 0.09 0.31 0.05 0.05 0.82 0.06 0.22 0.12 0.10 0.79 0.33 0.86 0.53 0.28 0.14 0.05 0.02 0.12 0.37 0.87 0.03 0.13 0.13 0.05 0.05 0.14 0.05 0.08 0.05 0.51 0.05 0.06 0.11 0.08 0.09 0.14 0.28 0.11 0.17 0.06 0.43 95.71 95.71 Shares (and equity-type securities) Securities listed on a stock exchange or other organised markets: Shares (and equity-type securities) Securities not listed on a stock exchange: Shares (and equity-type securities) Shares (and equity-type securities) USD USD PROGRESS ENERGY -CVOSEAGATE TECHNOLOGY ESCROW POSITION 478 1,639 0.00 0.00 0.00 0.00 348,735,900.77 0.00 0.00 0.00 0.00 95.71 Shares (and equity-type securities) Securities not listed on a stock exchange: Shares (and equity-type securities) Total of Portfolio Cash at banks Other Net Assets Total net assets 9,256,664.85 6,381,510.35 364,374,075.97 2.54 1.75 100.00 The notes are an integral part of the financial statements. Any differences in the percentage of Net Assets are the result of roundings. CREDIT SUISSE FUND MANAGEMENT S.A. 5, rue Jean Monnet L-2180 Luxembourg www.credit-suisse.com