# from 1 January 2022 to the 30 June 2022
|  |  |  |
| --- | --- | --- |
|  | Notes | Combined (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 11,839,077.60 |
| Interest on bonds, net of taxes | 1e | 140,111,156.63 |
| Interest on SWAP |  | 2,258,044.58 |
| Interest on cash accounts |  | 77,394.28 |
| Commission on subscriptions and redemptions | 4 | 548,739.16 |
| Tax claim |  | 830,711.97 |
| Total Income |  | 155,665,124.22 |
| Expenses |  |  |
| Management Fee |  | 14,866,622.95 |
| Depositary fees |  | 1,116,517.12 |
| Subscription tax | 7 | 894,201.86 |
| Administration fees |  | 4,052,262.12 |
| Miscellaneous fees |  | 374,937.41 |
| Transaction fees |  | 1,743,953.82 |
| Interest on SWAP |  | 3,794,450.96 |
| Interest expenses on CDS |  | 2,580,691.75 |
| Overdraft interest |  | 493,666.28 |
| Taxes paid to foreign authorities |  | 41,378.91 |
| Total Expenses |  | 29,958,683.18 |
| Net Profit / (Loss) |  | 125,706,441.04 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -129,570,006.09 |
| - on currencies |  | 1,356,187.59 |
| - on forward exchange contracts |  | -11,243,573.56 |
| - on futures |  | 49,090,326.90 |
|  |  | 5,560,686.78 |
| Total Net Realised Profit / (Loss) |  | 40,900,062.66 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -884,210,019.59 |
| - on currencies |  | 1,502,510.92 |
| - on forward exchange contracts |  | -5,634,917.57 |
| - on futures |  | -11,626,241.02 |
| - sur SWAP |  | -698,613.58 |
| Result of operations |  | -859,767,218.18 |
| - Subscriptions |  | 1,454,143,237.11 |
| - Redemptions |  | -1,059,968,582.14 |
| Dividends paid |  | -10,975,437.59 |
| Net changes in Net Assets |  | -476,568,000.80 |
| Net assets at the beginning of the period |  | 8,852,818,409.55 |
| Net assets at the end of the period |  | 8,376,250,408.75 |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 1,145,752,003.84 |
| Cash at banks |  | 2,698,128.36 |
| Interest receivable on cash account |  | 0.00 |
| Interest receivable on bonds |  | 8,136,402.34 |
| Dividends receivable on shares |  | 0.00 |
| Amounts receivable on subscriptions |  | 322,119.96 |
| Amounts receivable on investment sold |  | 15,381,527.12 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 1,440,912.70 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 1,173,731,094.32 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 977,667.28 |
| Overdraft at banks |  | 499,760.10 |
| Overdraft interest |  | 1,756.64 |
| Amounts payable on redemptions |  | 0.00 |
| Amounts payable on purchases of investments |  | 2,993,463.57 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 4,472,647.59 |
| Net assets at the end of the period |  | 1,169,258,446.73 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A |  | 127,708.436 |
| - B |  | 56,780.682 |
| - E |  | 28,862.518 |
| - F |  | 653,085.235 |
| - F LC |  | 1,000.000 |
| - J |  | 19,937.184 |
| - L |  | 23.000 |
| - M |  | 581,816.037 |
| - N |  | 34,143.083 |
| - P |  | 362,669.000 |
| - W |  | 7,772.659 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - A |  | 128.06 |
| - B |  | 512.65 |
| - E |  | 383.70 |
| - F |  | 538.30 |
| - F LC |  | 4.28 |
| - J |  | 22,928.85 |
| - L |  | 467.73 |
| - M |  | 129.92 |
| - N |  | 519.97 |
| - P |  | 569.57 |
| - W |  | 528.86 |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 973,653,598.60 |
| Cash at banks |  | 10,751,847.70 |
| Interest receivable on cash account |  | 1,988.81 |
| Interest receivable on bonds |  | 8,118,171.35 |
| Dividends receivable on shares |  | 0.00 |
| Amounts receivable on subscriptions |  | 28,060.71 |
| Amounts receivable on investment sold |  | 0.00 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 3,072,123.99 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 995,625,791.16 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 1,167,634.13 |
| Overdraft at banks |  | 220,624.40 |
| Overdraft interest |  | 6,937.18 |
| Amounts payable on redemptions |  | 442,218.34 |
| Amounts payable on purchases of investments |  | 0.00 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 86,571.30 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 1,923,985.35 |
| Net assets at the end of the period |  | 993,701,805.81 |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
|  | Notes | Value (in EUR) |
|  |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A | 242,635.995 |
| - B | 321,961.643 |
| - B CHF | 709.974 |
| - E | 248,560.839 |
| - F | 2,317,012.738 |
| - F LC | 1,000.000 |
| - J | 9,940.250 |
| - M | 830,230.211 |
| - N | 30,951.810 |
| - P | 560,420.000 |
| - V | 38,978.632 |
| - W | 80,974.355 |
| Net Asset Value per Share (at the end of the period) |  |
| - A | 126.96 |
| - B | 160.27 |
| - B CHF | 150.41 |
| - E | 111.88 |
| - F | 168.86 |
| - F LC | 4.52 |
| - J | 26,107.36 |
| - M | 129.38 |
| - N | 163.07 |
| - P | 180.87 |
| - V | 137.31 |
| - W | 165.77 |

|  |
| --- |
| DPAM L BONDS HIGHER YIELD |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 84,367,689.66 |
| Cash at banks |  | 6,134,635.55 |
| Interest receivable on cash account |  | 2,137.12 |
| Interest receivable on bonds |  | 1,104,857.81 |
| Dividends receivable on shares |  | 0.00 |
| Amounts receivable on subscriptions |  | 232,315.42 |
| Amounts receivable on investment sold |  | 0.00 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 91,841,635.56 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 234,888.11 |
| Overdraft at banks |  | 243,882.80 |
| Overdraft interest |  | 763.92 |
| Amounts payable on redemptions |  | 188,310.91 |
| Amounts payable on purchases of investments |  | 0.00 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 667,845.74 |
| Net assets at the end of the period |  | 91,173,789.82 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A |  | 328,562.287 |
| - B |  | 85,481.711 |
| - B CHF |  | 366.107 |
| - E |  | 205,051.858 |
| - F |  | 55,405.524 |
| - F LC |  | 1,000.000 |
| - J |  | 0.000 |
| - M |  | 85,483.863 |
| - N |  | 2,430.713 |
| - V |  | 6,908.223 |
| - W |  | 5,940.910 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - A |  | 78.76 |
| - B |  | 256.29 |
| - B CHF |  | 251.86 |
| - E |  | 90.54 |
| - F |  | 271.37 |
| - F LC |  | 4.45 |
| - J |  | 0.00 |
| - M |  | 80.35 |
| - N |  | 260.90 |
| - V |  | 87.61 |
| - W |  | 266.30 |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 1,051,988,361.24 |
| Cash at banks |  | 5,662,493.86 |
| Interest receivable on cash account |  | 420.36 |
| Interest receivable on bonds |  | 3,759,213.96 |
| Dividends receivable on shares |  | 0.00 |
| Amounts receivable on subscriptions |  | 128,026.55 |
| Amounts receivable on investment sold |  | 2,985,029.14 |
| Amounts receivable on spot exchange contracts |  | 28,946,343.02 |
| Unrealised gain on forward exchange contracts | 10 | 1,295,091.79 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 2,160,000.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 1,096,924,979.92 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 756,697.97 |
| Overdraft at banks |  | 0.00 |
| Overdraft interest |  | 4,066.77 |
| Amounts payable on redemptions |  | 149,193.52 |
| Amounts payable on purchases of investments |  | 38,821,624.13 |
| Amounts payable on spot exchange contracts |  | 28,974,784.85 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 2,160,000.00 |
| Total Liabilities |  | 70,866,367.24 |
| Net assets at the end of the period |  | 1,026,058,612.68 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A |  | 5,963.475 |
| - B |  | 25,283.562 |
| - E |  | 6,929.269 |
| - F |  | 322,365.535 |
| - J |  | 13,269.841 |
| - L |  | 1,009.104 |
| - M |  | 24,842.833 |
| - N |  | 218.000 |
| - P |  | 23,305.000 |
| - V |  | 77,512.171 |
| - W |  | 22,880.557 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - A |  | 1,191.70 |
| - B |  | 1,207.07 |
| - E |  | 1,227.25 |
| - F |  | 1,472.02 |
| - J |  | 23,724.01 |
| - L |  | 1,186.18 |
| - M |  | 1,203.05 |
| - N |  | 1,218.89 |
| - P |  | 1,520.41 |
| - V |  | 1,234.14 |
| - W |  | 1,229.98 |

|  |
| --- |
| DPAM L EQUITIES CONVICTION RESEARCH |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 267,166,558.13 |
| Cash at banks |  | 2,952,605.89 |
| Interest receivable on cash account |  | 0.00 |
| Interest receivable on bonds |  | 0.00 |
| Dividends receivable on shares |  | 334,829.28 |
| Amounts receivable on subscriptions |  | 49,994.19 |
| Amounts receivable on investment sold |  | 0.00 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 270,503,987.49 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 288,460.92 |
| Overdraft at banks |  | 0.00 |
| Overdraft interest |  | 2,799.76 |
| Amounts payable on redemptions |  | 0.00 |
| Amounts payable on purchases of investments |  | 0.00 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 291,260.68 |
| Net assets at the end of the period |  | 270,212,726.81 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A |  | 2,180.870 |
| - B |  | 11,902.226 |
| - F |  | 342.887 |
| - J |  | 5,901.000 |
| - M |  | 10,386.272 |
| - N |  | 1,469.238 |
| - P |  | 2,368.000 |
| - W |  | 15.000 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - A |  | 1,059.97 |
| - B |  | 1,348.95 |
| - F |  | 115.84 |
| - J |  | 29,341.82 |
| - M |  | 1,086.82 |
| - N |  | 1,380.41 |
| - P |  | 27,588.73 |
| - W |  | 904.10 |

|  |
| --- |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 389,219,263.33 |
| Cash at banks |  | 22,684,633.90 |
| Interest receivable on cash account |  | 0.00 |
| Interest receivable on bonds |  | 3,587,987.46 |
| Dividends receivable on shares |  | 0.00 |
| Amounts receivable on subscriptions |  | 122,538.81 |
| Amounts receivable on investment sold |  | 175.00 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 415,614,598.50 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 435,863.05 |
| Overdraft at banks |  | 0.00 |
| Overdraft interest |  | 17,131.95 |
| Amounts payable on redemptions |  | 371,412.64 |
| Amounts payable on purchases of investments |  | 0.00 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 824,407.64 |
| Net assets at the end of the period |  | 414,790,190.86 |

|  |
| --- |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM |
|  |
|  | Notes | Value (in EUR) |
|  |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A | 139,215.314 |
| - B | 109,262.882 |
| - E | 111,647.909 |
| - F | 1,760,754.189 |
| - F CHF | 300.000 |
| - F LC | 1,000.000 |
| - J | 2,926.153 |
| - L | 3,496.334 |
| - M | 133,187.272 |
| - N | 89,102.282 |
| - P | 317,213.000 |
| - V | 607.387 |
| - W | 30,848.680 |
| Net Asset Value per Share (at the end of the period) |  |
| - A | 98.40 |
| - B | 126.92 |
| - E | 102.97 |
| - F | 132.40 |
| - F CHF | 132.34 |
| - F LC | 4.66 |
| - J | 23,730.92 |
| - L | 124.39 |
| - M | 99.82 |
| - N | 128.55 |
| - P | 138.21 |
| - V | 100.26 |
| - W | 130.61 |

|  |
| --- |
| DPAM L PATRIMONIAL FUND |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 108,609,618.65 |
| Cash at banks |  | 11,633,797.74 |
| Interest receivable on cash account |  | 359.26 |
| Interest receivable on bonds |  | 513,785.63 |
| Dividends receivable on shares |  | 3,853.36 |
| Amounts receivable on subscriptions |  | 0.00 |
| Amounts receivable on investment sold |  | 0.00 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 744,166.31 |
| Forward foreign exchange collateral |  | 570,000.00 |
| Total Assets |  | 122,075,580.95 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 388,489.02 |
| Overdraft at banks |  | 18,471.80 |
| Overdraft interest |  | 5,532.09 |
| Amounts payable on redemptions |  | 244,220.82 |
| Amounts payable on purchases of investments |  | 0.00 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 120,769.74 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 1,250.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 778,733.47 |
| Net assets at the end of the period |  | 121,296,847.48 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A |  | 727,763.121 |
| - B |  | 257,375.932 |
| - E |  | 1,971.381 |
| - F |  | 38,925.432 |
| - M |  | 22,152.097 |
| - N |  | 33,952.851 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - A |  | 106.73 |
| - B |  | 122.96 |
| - E |  | 115.50 |
| - F |  | 130.45 |
| - M |  | 108.96 |
| - N |  | 125.36 |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 2,772,325,854.82 |
| Cash at banks |  | 102,278,732.18 |
| Interest receivable on cash account |  | 37,305.05 |
| Interest receivable on bonds |  | 56,325,342.75 |
| Dividends receivable on shares |  | 0.00 |
| Amounts receivable on subscriptions |  | 12,897,303.07 |
| Amounts receivable on investment sold |  | 2,060,724.73 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 1.82 |
| Futures guaranty deposit | 11 | 6,968,074.69 |
| Forward foreign exchange collateral |  | 6,720,000.00 |
| Total Assets |  | 2,959,613,339.11 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 4,095,120.53 |
| Overdraft at banks |  | 2,569,287.74 |
| Overdraft interest |  | 14,725.07 |
| Amounts payable on redemptions |  | 6,133,808.93 |
| Amounts payable on purchases of investments |  | 24,769,727.13 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 4,429,375.06 |
| Unrealised Loss on SWAP | 12 | 2,391,128.83 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 44,403,173.29 |
| Net assets at the end of the period |  | 2,915,210,165.82 |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A | 960,875.052 |
| - B | 621,499.893 |
| - B CHF | 3,717.000 |
| - B USD | 164,121.874 |
| - E | 2,881,374.513 |
| - F | 11,407,418.112 |
| - F CHF | 69,915.984 |
| - F USD | 1,424,843.263 |
| - J | 11,223.548 |
| - L | 46,591.316 |
| - M | 461,087.760 |
| - N | 11,425.279 |
| - N USD | 6,247.794 |
| - P | 894,227.328 |
| - V | 172,736.048 |
| - W | 2,141,855.900 |
| - W CHF | 7,135.469 |
| - W USD | 741,627.487 |
| Net Asset Value per Share (at the end of the period) |  |
| - A | 88.93 |
| - B | 123.77 |
| - B CHF | 121.50 |
| - B USD | 99.38 |
| - E | 92.54 |
| - F | 129.95 |
| - F CHF | 129.84 |
| - F USD | 107.85 |
| - J | 26,123.28 |
| - L | 121.09 |
| - M | 90.63 |
| - N | 126.10 |
| - N USD | 100.86 |
| - P | 135.49 |
| - V | 102.25 |
| - W | 129.67 |
| - W CHF | 123.00 |
| - W USD | 96.62 |

|  |
| --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 320,616,611.60 |
| Cash at banks |  | 30,323,409.23 |
| Interest receivable on cash account |  | 0.00 |
| Interest receivable on bonds |  | 4,153,361.80 |
| Dividends receivable on shares |  | 0.00 |
| Amounts receivable on subscriptions |  | 264,391.02 |
| Amounts receivable on investment sold |  | 0.00 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 355,357,773.65 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 563,865.36 |
| Overdraft at banks |  | 0.00 |
| Overdraft interest |  | 13,709.20 |
| Amounts payable on redemptions |  | 20,131.88 |
| Amounts payable on purchases of investments |  | 0.00 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 597,706.44 |
| Net assets at the end of the period |  | 354,760,067.21 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A |  | 105,754.889 |
| - B |  | 119,067.004 |
| - F |  | 1,717,862.169 |
| - J |  | 1,326.000 |
| - L |  | 237.423 |
| - M |  | 74,906.702 |
| - N |  | 50.000 |
| - P |  | 31,000.000 |
| - V |  | 607,751.952 |
| - W |  | 4,319.174 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - A |  | 100.76 |
| - B |  | 126.73 |
| - F |  | 131.90 |
| - J |  | 24,649.61 |
| - L |  | 91.53 |
| - M |  | 102.88 |
| - N |  | 117.54 |
| - P |  | 139.65 |
| - V |  | 93.97 |
| - W |  | 129.45 |

|  |
| --- |
| DPAM L GLOBAL TARGET INCOME |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 41,347,856.67 |
| Cash at banks |  | 3,875,116.06 |
| Interest receivable on cash account |  | 48.96 |
| Interest receivable on bonds |  | 0.00 |
| Dividends receivable on shares |  | 0.00 |
| Amounts receivable on subscriptions |  | 3,150.70 |
| Amounts receivable on investment sold |  | 0.00 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 612,249.59 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 45,838,421.98 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 76,641.95 |
| Overdraft at banks |  | 5,524.00 |
| Overdraft interest |  | 758.90 |
| Amounts payable on redemptions |  | 4,232.14 |
| Amounts payable on purchases of investments |  | 0.00 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 8,647.92 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 95,804.91 |
| Net assets at the end of the period |  | 45,742,617.07 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A |  | 119,241.565 |
| - B |  | 23,378.514 |
| - E |  | 6,600.000 |
| - F |  | 281,996.856 |
| - M |  | 15,495.101 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - A |  | 87.87 |
| - B |  | 110.90 |
| - E |  | 86.89 |
| - F |  | 108.89 |
| - M |  | 89.79 |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 60,291,390.74 |
| Cash at banks |  | 2,568,765.72 |
| Interest receivable on cash account |  | 0.00 |
| Interest receivable on bonds |  | 203,133.19 |
| Dividends receivable on shares |  | 11,982.62 |
| Amounts receivable on subscriptions |  | 17,258.57 |
| Amounts receivable on investment sold |  | 2,027.98 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 63,094,558.82 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 226,510.60 |
| Overdraft at banks |  | 0.00 |
| Overdraft interest |  | 2,034.25 |
| Amounts payable on redemptions |  | 0.00 |
| Amounts payable on purchases of investments |  | 0.00 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 228,544.85 |
| Net assets at the end of the period |  | 62,866,013.97 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A |  | 56,071.704 |
| - B |  | 318,602.358 |
| - F |  | 326.859 |
| - V |  | 11,618.790 |
| - W |  | 906.107 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - A |  | 107.54 |
| - B |  | 145.04 |
| - F |  | 28,203.54 |
| - V |  | 109.57 |
| - W |  | 147.91 |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 377,754,083.53 |
| Cash at banks |  | 11,594,514.71 |
| Interest receivable on cash account |  | 745.56 |
| Interest receivable on bonds |  | 3,540,034.39 |
| Dividends receivable on shares |  | 0.00 |
| Amounts receivable on subscriptions |  | 1,574.36 |
| Amounts receivable on investment sold |  | 3,595,830.10 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 687,251.20 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 397,174,033.85 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 339,235.15 |
| Overdraft at banks |  | 0.00 |
| Overdraft interest |  | 1,163.47 |
| Amounts payable on redemptions |  | 448.19 |
| Amounts payable on purchases of investments |  | 2,698,324.55 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 3,039,171.36 |
| Net assets at the end of the period |  | 394,134,862.49 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A |  | 29,179.000 |
| - B |  | 14,655.768 |
| - F |  | 379,332.782 |
| - J |  | 13,373.000 |
| - M |  | 207,894.938 |
| - P |  | 1,918.000 |
| - W |  | 82,709.524 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - A |  | 85.14 |
| - B |  | 85.12 |
| - F |  | 86.38 |
| - J |  | 21,726.08 |
| - M |  | 86.17 |
| - P |  | 21,857.55 |
| - W |  | 87.73 |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 86,111,771.96 |
| Cash at banks |  | 1,136,170.75 |
| Interest receivable on cash account |  | 261.93 |
| Interest receivable on bonds |  | 266,993.89 |
| Dividends receivable on shares |  | 0.00 |
| Amounts receivable on subscriptions |  | 0.00 |
| Amounts receivable on investment sold |  | 1,497,163.36 |
| Amounts receivable on spot exchange contracts |  | 1,338,864.17 |
| Unrealised gain on forward exchange contracts | 10 | 157,241.37 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 90,508,467.43 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 54,807.94 |
| Overdraft at banks |  | 0.00 |
| Overdraft interest |  | 402.34 |
| Amounts payable on redemptions |  | 0.00 |
| Amounts payable on purchases of investments |  | 1,752,302.59 |
| Amounts payable on spot exchange contracts |  | 1,340,577.65 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 3,148,090.52 |
| Net assets at the end of the period |  | 87,360,376.91 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - A |  |  |
| - F |  | 182,285.000 |
| - F LC |  | 1,000.000 |
| - J |  | 3,203.000 |
| - M |  | 4,228.000 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - A |  |  |
| - F |  | 88.31 |
| - F LC |  | 4.48 |
| - J |  | 22,131.66 |
| - M |  | 87.77 |

|  |
| --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 14,004,253.09 |
| Cash at banks |  | 1,156,811.05 |
| Interest receivable on cash account |  | 449.39 |
| Interest receivable on bonds |  | 14,608.47 |
| Dividends receivable on shares |  | 0.00 |
| Amounts receivable on subscriptions |  | 0.00 |
| Amounts receivable on investment sold |  | 544,888.73 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 630,000.00 |
| Total Assets |  | 16,351,010.73 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 42,642.15 |
| Overdraft at banks |  | 0.00 |
| Overdraft interest |  | 156.29 |
| Amounts payable on redemptions |  | 0.00 |
| Amounts payable on purchases of investments |  | 0.00 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 723,942.59 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 766,741.03 |
| Net assets at the end of the period |  | 15,584,269.70 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - B |  | 102,682.363 |
| - F |  | 34,000.000 |
| - P |  | 240.000 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - B |  | 76.77 |
| - F |  | 82.38 |
| - P |  | 20,418.03 |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 378,577,606.76 |
| Cash at banks |  | 5,160,618.49 |
| Interest receivable on cash account |  | 1,052.82 |
| Interest receivable on bonds |  | 0.00 |
| Dividends receivable on shares |  | 2,137,021.98 |
| Amounts receivable on subscriptions |  | 0.00 |
| Amounts receivable on investment sold |  | 0.00 |
| Amounts receivable on spot exchange contracts |  | 541,326.69 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 238,739.54 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 386,656,366.28 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 360,389.96 |
| Overdraft at banks |  | 70.52 |
| Overdraft interest |  | 530.11 |
| Amounts payable on redemptions |  | 0.00 |
| Amounts payable on purchases of investments |  | 1,008,521.97 |
| Amounts payable on spot exchange contracts |  | 541,835.71 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 1,911,348.27 |
| Net assets at the end of the period |  | 384,745,018.01 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - B |  | 83,760.000 |
| - F |  | 590,415.000 |
| - J |  | 13,495.000 |
| - M |  | 1,600.000 |
| - N |  | 437,351.702 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - B |  | 85.53 |
| - F |  | 85.70 |
| - J |  | 21,443.12 |
| - M |  | 85.68 |
| - N |  | 85.67 |

|  |
| --- |
| DPAM L BONDS EUR SHORT TERM |
|  |
|  | Notes | Value (in EUR) |
|  |
| Assets |  |  |
| Investments in securities | 1a | 23,287,300.50 |
| Cash at banks |  | 4,252,222.23 |
| Interest receivable on cash account |  | 0.00 |
| Interest receivable on bonds |  | 178,643.67 |
| Dividends receivable on shares |  | 0.00 |
| Amounts receivable on subscriptions |  | 0.00 |
| Amounts receivable on investment sold |  | 2,572,881.86 |
| Amounts receivable on spot exchange contracts |  | 0.00 |
| Unrealised gain on forward exchange contracts | 10 | 0.00 |
| Amounts receivable from the broker on futures |  | 0.00 |
| Futures guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Assets |  | 30,291,048.26 |
| Liabilities |  |  |
| Taxes and Expenses payable | 3 | 38,299.59 |
| Overdraft at banks |  | 0.00 |
| Overdraft interest |  | 893.29 |
| Amounts payable on redemptions |  | 897,258.00 |
| Amounts payable on purchases of investments |  | 0.00 |
| Amounts payable on spot exchange contracts |  | 0.00 |
| Unrealised loss on forward exchange contracts | 10 | 0.00 |
| Unrealised Loss on SWAP | 12 | 0.00 |
| Futures Guaranty deposit | 11 | 0.00 |
| Forward foreign exchange collateral |  | 0.00 |
| Total Liabilities |  | 936,450.88 |
| Net assets at the end of the period |  | 29,354,597.38 |
| Number of Shares Outstanding (at the end of the period) |  |  |
| - B |  | 299,558.004 |
| Net Asset Value per Share (at the end of the period) |  |  |
| - B |  | 97.99 |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 0.00 |
| Interest on bonds, net of taxes | 1e | 9,816,087.68 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 0.00 |
| Commission on subscriptions and redemptions | 4 | 141,767.41 |
| Tax claim |  | 0.00 |
| Total Income |  | 9,957,855.09 |
| Expenses |  |  |
| Management Fee |  | 1,283,190.46 |
| Depositary fees |  | 173,506.21 |
| Subscription tax | 7 | 104,928.10 |
| Administration fees |  | 510,148.42 |
| Miscellaneous fees |  | 44,424.30 |
| Transaction fees |  | 129,032.02 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 39,817.08 |
| Taxes paid to foreign authorities |  | 2,557.33 |
| Total Expenses |  | 2,287,603.92 |
| Net Profit / (Loss) |  | 7,670,251.17 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -28,395,834.42 |
| - on currencies |  | -0.02 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 15,804,810.00 |
|  |  | 0.00 |
| Total Net Realised Profit / (Loss) |  | -4,920,773.27 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -182,169,639.31 |
| - on currencies |  | 0.00 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | -2,085,500.00 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -189,175,912.58 |
| - Subscriptions |  | 52,047,524.47 |
| - Redemptions |  | -191,478,763.02 |
| Dividends paid |  | -578,383.36 |
| Net changes in Net Assets |  | -329,185,534.49 |
| Net assets at the beginning of the period |  | 1,498,443,981.22 |
| Net assets at the end of the period |  | 1,169,258,446.73 |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 0.00 |
| Interest on bonds, net of taxes | 1e | 11,634,553.35 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 3,386.57 |
| Commission on subscriptions and redemptions | 4 | 0.00 |
| Tax claim |  | 60,064.61 |
| Total Income |  | 11,698,004.53 |
| Expenses |  |  |
| Management Fee |  | 1,734,614.56 |
| Depositary fees |  | 129,388.34 |
| Subscription tax | 7 | 113,695.07 |
| Administration fees |  | 423,157.31 |
| Miscellaneous fees |  | 43,994.41 |
| Transaction fees |  | 125,814.85 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 200,914.74 |
| Overdraft interest |  | 55,811.32 |
| Taxes paid to foreign authorities |  | 3,039.47 |
| Total Expenses |  | 2,830,430.07 |
| Net Profit / (Loss) |  | 8,867,574.46 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -18,204,351.06 |
| - on currencies |  | 240,424.71 |
| - on forward exchange contracts |  | 102,253.65 |
| - on futures |  | 17,224,380.92 |
|  |  | 1,429,932.41 |
| Total Net Realised Profit / (Loss) |  | 9,660,215.09 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -130,593,700.05 |
| - on currencies |  | -67,606.31 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | -3,693,447.49 |
| - sur SWAP |  | 3,328,186.00 |
| Result of operations |  | -121,366,352.76 |
| - Subscriptions |  | 196,644,994.22 |
| - Redemptions |  | -120,230,758.39 |
| Dividends paid |  | -1,490,812.69 |
| Net changes in Net Assets |  | -46,442,929.62 |
| Net assets at the beginning of the period |  | 1,040,144,735.43 |
| Net assets at the end of the period |  | 993,701,805.81 |

|  |
| --- |
| DPAM L BONDS HIGHER YIELD |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 0.00 |
| Interest on bonds, net of taxes | 1e | 2,532,219.60 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 3,094.52 |
| Commission on subscriptions and redemptions | 4 | 15,298.89 |
| Tax claim |  | 5,476.60 |
| Total Income |  | 2,556,089.61 |
| Expenses |  |  |
| Management Fee |  | 404,511.15 |
| Depositary fees |  | 15,131.66 |
| Subscription tax | 7 | 29,832.64 |
| Administration fees |  | 86,260.13 |
| Miscellaneous fees |  | 6,965.22 |
| Transaction fees |  | 24,519.19 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 32,640.31 |
| Overdraft interest |  | 6,035.95 |
| Taxes paid to foreign authorities |  | 2,557.33 |
| Total Expenses |  | 608,453.58 |
| Net Profit / (Loss) |  | 1,947,636.03 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -5,186,746.25 |
| - on currencies |  | 258,174.15 |
| - on forward exchange contracts |  | -116,161.24 |
| - on futures |  | 0.00 |
|  |  | -26,868.00 |
| Total Net Realised Profit / (Loss) |  | -3,123,965.31 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -12,667,281.08 |
| - on currencies |  | 133,811.77 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 0.00 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -15,657,434.62 |
| - Subscriptions |  | 9,284,584.93 |
| - Redemptions |  | -43,541,023.47 |
| Dividends paid |  | -133,782.64 |
| Net changes in Net Assets |  | -50,047,655.80 |
| Net assets at the beginning of the period |  | 141,221,445.62 |
| Net assets at the end of the period |  | 91,173,789.82 |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 0.00 |
| Interest on bonds, net of taxes | 1e | 5,835,422.58 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 868.14 |
| Commission on subscriptions and redemptions | 4 | 0.00 |
| Tax claim |  | 0.00 |
| Total Income |  | 5,836,290.72 |
| Expenses |  |  |
| Management Fee |  | 919,430.09 |
| Depositary fees |  | 124,165.39 |
| Subscription tax | 7 | 87,960.09 |
| Administration fees |  | 429,200.15 |
| Miscellaneous fees |  | 15,135.91 |
| Transaction fees |  | 122,905.68 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 26,259.14 |
| Taxes paid to foreign authorities |  | 2,557.33 |
| Total Expenses |  | 1,727,613.78 |
| Net Profit / (Loss) |  | 4,108,676.94 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -16,270,857.19 |
| - on currencies |  | -1,856,364.11 |
| - on forward exchange contracts |  | -24,654.91 |
| - on futures |  | 46,650.00 |
|  |  | 0.00 |
| Total Net Realised Profit / (Loss) |  | -13,996,549.27 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -86,458,568.77 |
| - on currencies |  | -5,962.42 |
| - on forward exchange contracts |  | -865,354.61 |
| - on futures |  | 0.00 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -101,326,435.07 |
| - Subscriptions |  | 238,684,745.48 |
| - Redemptions |  | -66,259,418.96 |
| Dividends paid |  | 0.00 |
| Net changes in Net Assets |  | 71,098,891.45 |
| Net assets at the beginning of the period |  | 954,959,721.23 |
| Net assets at the end of the period |  | 1,026,058,612.68 |

|  |
| --- |
| DPAM L EQUITIES CONVICTION RESEARCH |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 5,397,453.40 |
| Interest on bonds, net of taxes | 1e | 0.00 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 20.71 |
| Commission on subscriptions and redemptions | 4 | 0.00 |
| Tax claim |  | 11,154.36 |
| Total Income |  | 5,408,628.47 |
| Expenses |  |  |
| Management Fee |  | 411,892.39 |
| Depositary fees |  | 38,215.90 |
| Subscription tax | 7 | 26,560.32 |
| Administration fees |  | 118,435.55 |
| Miscellaneous fees |  | 12,231.87 |
| Transaction fees |  | 126,187.10 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 15,771.20 |
| Taxes paid to foreign authorities |  | 2,557.34 |
| Total Expenses |  | 751,851.67 |
| Net Profit / (Loss) |  | 4,656,776.80 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | 10,521,519.11 |
| - on currencies |  | 20,859.31 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 0.00 |
|  |  | 0.00 |
| Total Net Realised Profit / (Loss) |  | 15,199,155.22 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -61,499,930.32 |
| - on currencies |  | 0.00 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 0.00 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -46,300,775.10 |
| - Subscriptions |  | 274,661.35 |
| - Redemptions |  | -20,948,182.73 |
| Dividends paid |  | -323,405.77 |
| Net changes in Net Assets |  | -67,297,702.25 |
| Net assets at the beginning of the period |  | 337,510,429.06 |
| Net assets at the end of the period |  | 270,212,726.81 |

|  |
| --- |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 0.00 |
| Interest on bonds, net of taxes | 1e | 6,616,674.19 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 0.02 |
| Commission on subscriptions and redemptions | 4 | 87,209.70 |
| Tax claim |  | 0.00 |
| Total Income |  | 6,703,883.91 |
| Expenses |  |  |
| Management Fee |  | 617,176.35 |
| Depositary fees |  | 55,289.09 |
| Subscription tax | 7 | 37,006.10 |
| Administration fees |  | 212,472.85 |
| Miscellaneous fees |  | 8,907.56 |
| Transaction fees |  | 38,095.95 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 76,353.45 |
| Taxes paid to foreign authorities |  | 2,898.60 |
| Total Expenses |  | 1,048,199.95 |
| Net Profit / (Loss) |  | 5,655,683.96 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -4,428,082.40 |
| - on currencies |  | 0.00 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 0.00 |
|  |  | 0.00 |
| Total Net Realised Profit / (Loss) |  | 1,227,601.56 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -33,712,555.32 |
| - on currencies |  | 0.00 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 0.00 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -32,484,953.76 |
| - Subscriptions |  | 107,747,254.48 |
| - Redemptions |  | -77,720,592.51 |
| Dividends paid |  | -670,020.66 |
| Net changes in Net Assets |  | -3,128,312.45 |
| Net assets at the beginning of the period |  | 417,918,503.31 |
| Net assets at the end of the period |  | 414,790,190.86 |

|  |
| --- |
| DPAM L PATRIMONIAL FUND |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 290,398.88 |
| Interest on bonds, net of taxes | 1e | 795,943.52 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 287.53 |
| Commission on subscriptions and redemptions | 4 | 0.00 |
| Tax claim |  | 0.00 |
| Total Income |  | 1,086,629.93 |
| Expenses |  |  |
| Management Fee |  | 631,785.43 |
| Depositary fees |  | 17,238.01 |
| Subscription tax | 7 | 67,788.93 |
| Administration fees |  | 72,947.31 |
| Miscellaneous fees |  | 11,757.15 |
| Transaction fees |  | 25,131.46 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 28,533.85 |
| Taxes paid to foreign authorities |  | 2,557.34 |
| Total Expenses |  | 857,739.48 |
| Net Profit / (Loss) |  | 228,890.45 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | 2,698,269.79 |
| - on currencies |  | -59,518.34 |
| - on forward exchange contracts |  | -870,973.22 |
| - on futures |  | 632,391.97 |
|  |  | 0.00 |
| Total Net Realised Profit / (Loss) |  | 2,629,060.65 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -16,439,012.58 |
| - on currencies |  | 4,464.73 |
| - on forward exchange contracts |  | -173,635.77 |
| - on futures |  | -97,886.56 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -14,077,009.53 |
| - Subscriptions |  | 3,962,295.04 |
| - Redemptions |  | -18,034,380.47 |
| Dividends paid |  | -370,237.99 |
| Net changes in Net Assets |  | -28,519,332.95 |
| Net assets at the beginning of the period |  | 149,816,180.43 |
| Net assets at the end of the period |  | 121,296,847.48 |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 1,369,892.38 |
| Interest on bonds, net of taxes | 1e | 89,422,276.72 |
| Interest on SWAP |  | 2,258,044.58 |
| Interest on cash accounts |  | 62,080.94 |
| Commission on subscriptions and redemptions | 4 | 0.00 |
| Tax claim |  | 751,098.78 |
| Total Income |  | 93,863,393.40 |
| Expenses |  |  |
| Management Fee |  | 6,454,151.63 |
| Depositary fees |  | 376,600.97 |
| Subscription tax | 7 | 275,172.16 |
| Administration fees |  | 1,295,525.53 |
| Miscellaneous fees |  | 137,049.75 |
| Transaction fees |  | 603,699.18 |
| Interest on SWAP |  | 3,794,450.96 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 137,082.84 |
| Taxes paid to foreign authorities |  | 2,898.61 |
| Total Expenses |  | 13,076,631.63 |
| Net Profit / (Loss) |  | 80,786,761.77 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -40,142,627.52 |
| - on currencies |  | 2,407,058.32 |
| - on forward exchange contracts |  | -9,111,564.80 |
| - on futures |  | 16,737,935.96 |
|  |  | -31,551.31 |
| Total Net Realised Profit / (Loss) |  | 50,646,012.42 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -147,063,345.50 |
| - on currencies |  | 1,364,656.85 |
| - on forward exchange contracts |  | -4,567,304.96 |
| - on futures |  | -5,612,776.74 |
| - sur SWAP |  | -4,026,799.58 |
| Result of operations |  | -109,259,557.51 |
| - Subscriptions |  | 597,871,461.19 |
| - Redemptions |  | -360,154,043.37 |
| Dividends paid |  | -4,374,777.78 |
| Net changes in Net Assets |  | 124,083,082.53 |
| Net assets at the beginning of the period |  | 2,791,127,083.29 |
| Net assets at the end of the period |  | 2,915,210,165.82 |

|  |
| --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 0.00 |
| Interest on bonds, net of taxes | 1e | 7,896,254.75 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 0.00 |
| Commission on subscriptions and redemptions | 4 | 0.00 |
| Tax claim |  | 0.00 |
| Total Income |  | 7,896,254.75 |
| Expenses |  |  |
| Management Fee |  | 948,218.38 |
| Depositary fees |  | 54,339.32 |
| Subscription tax | 7 | 42,398.53 |
| Administration fees |  | 206,698.07 |
| Miscellaneous fees |  | 39,875.74 |
| Transaction fees |  | 75,995.91 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 2,347,136.70 |
| Overdraft interest |  | 57,431.08 |
| Taxes paid to foreign authorities |  | 2,898.60 |
| Total Expenses |  | 3,774,992.33 |
| Net Profit / (Loss) |  | 4,121,262.42 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -16,557,675.83 |
| - on currencies |  | 0.00 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 64,050.00 |
|  |  | 4,189,173.68 |
| Total Net Realised Profit / (Loss) |  | -8,183,189.73 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -60,065,754.74 |
| - on currencies |  | 0.00 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 0.00 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -68,248,944.47 |
| - Subscriptions |  | 52,844,234.97 |
| - Redemptions |  | -106,977,393.32 |
| Dividends paid |  | -2,695,950.81 |
| Net changes in Net Assets |  | -125,078,053.63 |
| Net assets at the beginning of the period |  | 479,838,120.84 |
| Net assets at the end of the period |  | 354,760,067.21 |

|  |
| --- |
| DPAM L GLOBAL TARGET INCOME |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 0.00 |
| Interest on bonds, net of taxes | 1e | 0.00 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 2,734.41 |
| Commission on subscriptions and redemptions | 4 | 0.00 |
| Tax claim |  | 0.00 |
| Total Income |  | 2,734.41 |
| Expenses |  |  |
| Management Fee |  | 139,245.74 |
| Depositary fees |  | 6,306.66 |
| Subscription tax | 7 | 4,393.88 |
| Administration fees |  | 35,258.68 |
| Miscellaneous fees |  | 9,939.30 |
| Transaction fees |  | 3,619.27 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 13,037.91 |
| Taxes paid to foreign authorities |  | 2,557.33 |
| Total Expenses |  | 214,358.77 |
| Net Profit / (Loss) |  | -211,624.36 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -730,727.74 |
| - on currencies |  | 25,465.96 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 169,354.75 |
|  |  | 0.00 |
| Total Net Realised Profit / (Loss) |  | -747,531.39 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -3,770,283.05 |
| - on currencies |  | -173,309.66 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | -384,477.97 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -5,075,602.07 |
| - Subscriptions |  | 322,363.52 |
| - Redemptions |  | -4,694,376.43 |
| Dividends paid |  | -216,712.68 |
| Net changes in Net Assets |  | -9,664,327.66 |
| Net assets at the beginning of the period |  | 55,406,944.73 |
| Net assets at the end of the period |  | 45,742,617.07 |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 406,559.97 |
| Interest on bonds, net of taxes | 1e | 247,140.99 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 0.00 |
| Commission on subscriptions and redemptions | 4 | 0.00 |
| Tax claim |  | 2,822.30 |
| Total Income |  | 656,523.26 |
| Expenses |  |  |
| Management Fee |  | 343,885.08 |
| Depositary fees |  | 8,468.36 |
| Subscription tax | 7 | 34,211.80 |
| Administration fees |  | 46,802.71 |
| Miscellaneous fees |  | 6,672.06 |
| Transaction fees |  | 23,366.21 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 10,769.94 |
| Taxes paid to foreign authorities |  | 2,317.32 |
| Total Expenses |  | 476,493.48 |
| Net Profit / (Loss) |  | 180,029.78 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | 505,775.21 |
| - on currencies |  | -4,562.80 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 0.00 |
|  |  | 0.00 |
| Total Net Realised Profit / (Loss) |  | 681,242.19 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -10,867,590.19 |
| - on currencies |  | 0.00 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 0.00 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -10,186,348.00 |
| - Subscriptions |  | 8,421,852.66 |
| - Redemptions |  | -4,119,692.39 |
| Dividends paid |  | -96,605.37 |
| Net changes in Net Assets |  | -5,980,793.10 |
| Net assets at the beginning of the period |  | 68,846,807.07 |
| Net assets at the end of the period |  | 62,866,013.97 |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 128.09 |
| Interest on bonds, net of taxes | 1e | 4,640,530.78 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 1,176.27 |
| Commission on subscriptions and redemptions | 4 | 0.00 |
| Tax claim |  | 0.00 |
| Total Income |  | 4,641,835.14 |
| Expenses |  |  |
| Management Fee |  | 477,133.41 |
| Depositary fees |  | 56,359.50 |
| Subscription tax | 7 | 28,262.87 |
| Administration fees |  | 187,641.39 |
| Miscellaneous fees |  | 10,140.31 |
| Transaction fees |  | 28,181.29 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 14,199.81 |
| Taxes paid to foreign authorities |  | 2,557.32 |
| Total Expenses |  | 804,475.90 |
| Net Profit / (Loss) |  | 3,837,359.24 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -3,157,008.76 |
| - on currencies |  | 211,470.49 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 75,991.75 |
|  |  | 0.00 |
| Total Net Realised Profit / (Loss) |  | 967,812.72 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -82,163,490.36 |
| - on currencies |  | 176,155.99 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 300,871.48 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -80,718,650.17 |
| - Subscriptions |  | 23,297,677.49 |
| - Redemptions |  | -28,021,727.00 |
| Dividends paid |  | -24,747.84 |
| Net changes in Net Assets |  | -85,467,447.52 |
| Net assets at the beginning of the period |  | 479,602,310.01 |
| Net assets at the end of the period |  | 394,134,862.49 |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 0.00 |
| Interest on bonds, net of taxes | 1e | 520,553.88 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 545.40 |
| Commission on subscriptions and redemptions | 4 | 0.00 |
| Tax claim |  | 0.00 |
| Total Income |  | 521,099.28 |
| Expenses |  |  |
| Management Fee |  | 57,884.99 |
| Depositary fees |  | 11,333.11 |
| Subscription tax | 7 | 4,547.13 |
| Administration fees |  | 45,640.78 |
| Miscellaneous fees |  | 4,792.86 |
| Transaction fees |  | 15,033.50 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 4,242.75 |
| Taxes paid to foreign authorities |  | 2,524.77 |
| Total Expenses |  | 145,999.89 |
| Net Profit / (Loss) |  | 375,099.39 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -2,538,418.58 |
| - on currencies |  | 26,504.49 |
| - on forward exchange contracts |  | -180,708.84 |
| - on futures |  | 2,880.00 |
|  |  | 0.00 |
| Total Net Realised Profit / (Loss) |  | -2,314,643.54 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -7,081,150.80 |
| - on currencies |  | -3,489.65 |
| - on forward exchange contracts |  | 136,497.97 |
| - on futures |  | 0.00 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -9,262,786.02 |
| - Subscriptions |  | 6,265,868.83 |
| - Redemptions |  | -592,807.25 |
| Dividends paid |  | 0.00 |
| Net changes in Net Assets |  | -3,589,724.44 |
| Net assets at the beginning of the period |  | 90,950,101.35 |
| Net assets at the end of the period |  | 87,360,376.91 |

|  |
| --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 15,479.74 |
| Interest on bonds, net of taxes | 1e | 58,254.79 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 557.09 |
| Commission on subscriptions and redemptions | 4 | 0.00 |
| Tax claim |  | 0.00 |
| Total Income |  | 74,291.62 |
| Expenses |  |  |
| Management Fee |  | 66,947.12 |
| Depositary fees |  | 2,858.40 |
| Subscription tax | 7 | 6,339.23 |
| Administration fees |  | 18,389.84 |
| Miscellaneous fees |  | 3,224.60 |
| Transaction fees |  | 22,986.45 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 2,005.15 |
| Taxes paid to foreign authorities |  | 3,040.63 |
| Total Expenses |  | 125,791.42 |
| Net Profit / (Loss) |  | -51,499.80 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -2,251,937.22 |
| - on currencies |  | 16,475.84 |
| - on forward exchange contracts |  | -1,041,764.20 |
| - on futures |  | 14,085.02 |
|  |  | 0.00 |
| Total Net Realised Profit / (Loss) |  | -3,314,640.36 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -1,309,248.56 |
| - on currencies |  | 7,566.58 |
| - on forward exchange contracts |  | -165,120.20 |
| - on futures |  | 0.00 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -4,781,442.54 |
| - Subscriptions |  | 0.00 |
| - Redemptions |  | -6,268,135.00 |
| Dividends paid |  | 0.00 |
| Net changes in Net Assets |  | -11,049,577.54 |
| Net assets at the beginning of the period |  | 26,633,847.24 |
| Net assets at the end of the period |  | 15,584,269.70 |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 4,359,165.14 |
| Interest on bonds, net of taxes | 1e | 0.00 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 2,642.68 |
| Commission on subscriptions and redemptions | 4 | 304,463.16 |
| Tax claim |  | 95.32 |
| Total Income |  | 4,666,366.30 |
| Expenses |  |  |
| Management Fee |  | 354,016.85 |
| Depositary fees |  | 45,907.48 |
| Subscription tax | 7 | 27,445.70 |
| Administration fees |  | 354,188.62 |
| Miscellaneous fees |  | 15,536.10 |
| Transaction fees |  | 373,576.49 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 4,664.92 |
| Taxes paid to foreign authorities |  | 2,969.33 |
| Total Expenses |  | 1,178,305.49 |
| Net Profit / (Loss) |  | 3,488,060.81 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -5,192,559.23 |
| - on currencies |  | 70,199.59 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | -1,682,203.47 |
|  |  | 0.00 |
| Total Net Realised Profit / (Loss) |  | -3,316,502.30 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -47,846,642.96 |
| - on currencies |  | 66,223.04 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | -53,023.74 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -51,149,945.96 |
| - Subscriptions |  | 118,678,233.10 |
| - Redemptions |  | -3,181,467.85 |
| Dividends paid |  | 0.00 |
| Net changes in Net Assets |  | 64,346,819.29 |
| Net assets at the beginning of the period |  | 320,398,198.72 |
| Net assets at the end of the period |  | 384,745,018.01 |

|  |
| --- |
| DPAM L BONDS EUR SHORT TERM |
|  |
|  | Notes | Value (in EUR) |
|  |
| Income |  |  |
| Dividends, net of taxes | 1e | 0.00 |
| Interest on bonds, net of taxes | 1e | 95,243.80 |
| Interest on SWAP |  | 0.00 |
| Interest on cash accounts |  | 0.00 |
| Commission on subscriptions and redemptions | 4 | 0.00 |
| Tax claim |  | 0.00 |
| Total Income |  | 95,243.80 |
| Expenses |  |  |
| Management Fee |  | 22,539.32 |
| Depositary fees |  | 1,408.72 |
| Subscription tax | 7 | 3,659.31 |
| Administration fees |  | 9,494.78 |
| Miscellaneous fees |  | 4,290.27 |
| Transaction fees |  | 5,809.27 |
| Interest on SWAP |  | 0.00 |
| Interest expenses on CDS |  | 0.00 |
| Overdraft interest |  | 1,649.89 |
| Taxes paid to foreign authorities |  | 890.26 |
| Total Expenses |  | 49,741.82 |
| Net Profit / (Loss) |  | 45,501.98 |
| Net Realised Profit / (Loss) |  |  |
| - on investments | 1b | -238,744.00 |
| - on currencies |  | 0.00 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 0.00 |
|  |  | 0.00 |
| Total Net Realised Profit / (Loss) |  | -193,242.02 |
| Change in Net Unrealised Appreciation or Depreciation |  |  |
| - on investments | 1d | -501,826.00 |
| - on currencies |  | 0.00 |
| - on forward exchange contracts |  | 0.00 |
| - on futures |  | 0.00 |
| - sur SWAP |  | 0.00 |
| Result of operations |  | -695,068.02 |
| - Subscriptions |  | 37,795,485.38 |
| - Redemptions |  | -7,745,819.98 |
| Dividends paid |  | 0.00 |
| Net changes in Net Assets |  | 29,354,597.38 |
| Net assets at the beginning of the period |  | 0.00 |
| Net assets at the end of the period |  | 29,354,597.38 |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Bonds |  |  |  |  |  |
| A2A SpA 0,625 21-150731 | 4,000,000 | EUR | 3,981,880.00 | 2,980,620.00 | 0.25% |
| ABANCA CORP. FRN 21-080927 | 6,000,000 | EUR | 5,993,820.00 | 5,132,430.00 | 0.44% |
| ABBOTT IRELAND FINANCE 0,375 19-191127 | 2,500,000 | EUR | 2,481,400.00 | 2,248,487.50 | 0.19% |
| ABBOTT IRELAND FINANCE 0,875 18-270923 | 1,500,000 | EUR | 1,498,680.00 | 1,492,440.00 | 0.13% |
| ABBOTT IRELAND FINANCE 1,50 18-270926 | 4,000,000 | EUR | 3,997,910.00 | 3,898,640.00 | 0.33% |
| ABERTIS INFRAESTRUCT 3,00 19-270331 | 9,000,000 | EUR | 9,930,012.00 | 8,208,045.00 | 0.70% |
| AB INBEV 2,875 20-020432 | 8,000,000 | EUR | 9,006,969.99 | 7,800,240.00 | 0.67% |
| AB INBEV S.A.3,70 20-020440 | 2,000,000 | EUR | 2,821,400.00 | 1,924,990.00 | 0.16% |
| ACCIONA ENERGIA FINANCE 1,375 22-260132 | 1,500,000 | EUR | 1,498,335.00 | 1,229,122.50 | 0.11% |
| AHOLD DELHAIZE N.V. 1,125 18-190326 | 4,000,000 | EUR | 4,086,140.00 | 3,789,000.00 | 0.32% |
| AIR LIQUIDE FINANCE 0,625 19-200630 | 2,200,000 | EUR | 2,177,736.00 | 1,864,841.00 | 0.16% |
| AIR LIQUIDE FINANCE 1,875 14-050624 | 2,000,000 | EUR | 2,042,072.68 | 2,007,680.00 | 0.17% |
| AIR PRODUCTS & CHEMICALS INC. 0,50 20-050528 | 1,300,000 | EUR | 1,295,125.00 | 1,138,761.00 | 0.10% |
| AKELIUS RESIDENTIAL 0,75 21-220230 | 2,000,000 | EUR | 1,979,660.00 | 1,524,210.00 | 0.13% |
| AKELIUS RESIDENTIAL 1,125 20-110129 | 1,000,000 | EUR | 998,610.00 | 819,640.00 | 0.07% |
| AKZO NOBEL N.V. 1,50 22-280328 | 2,000,000 | EUR | 1,995,560.00 | 1,833,540.00 | 0.16% |
| ALLIANDER N.V. FRN 18-PERPETUAL | 2,400,000 | EUR | 2,379,456.00 | 2,133,216.00 | 0.18% |
| ALLIANZ SE 3,099 17-060747 | 2,000,000 | EUR | 2,048,485.45 | 1,937,270.00 | 0.17% |
| ALLIANZ SE FRN 12-171042 | 1,000,000 | EUR | 1,200,800.00 | 1,012,870.00 | 0.09% |
| ALLIANZ SE FRN 15-070745 | 3,000,000 | EUR | 3,035,130.00 | 2,902,695.00 | 0.25% |
| ALLIANZ SE FRN 22-05072052 | 4,500,000 | EUR | 4,500,315.00 | 4,324,972.50 | 0.37% |
| ALSTOM 0,50 21-270730 | 3,900,000 | EUR | 3,870,672.00 | 3,080,200.50 | 0.26% |
| ALSTOM S.A. 0,00 21-110129 | 5,000,000 | EUR | 4,880,000.00 | 3,999,825.00 | 0.34% |
| AMERICA CORP. FRN 22-270433 | 4,000,000 | EUR | 4,000,000.00 | 3,721,100.00 | 0.32% |
| AMERICA MOBIL SAB DE CV 1,50 16-100324 | 2,000,000 | EUR | 2,063,400.00 | 1,985,320.00 | 0.17% |
| AMERICA MOVIL S.A.B. DE CV FRN 13-060973 | 10,000,000 | EUR | 11,272,167.03 | 10,165,300.00 | 0.87% |
| AMERICAN MEDICAL 1,375 22-080328 | 2,000,000 | EUR | 1,996,000.00 | 1,832,090.00 | 0.16% |
| AMERICAN MEDICAL 1,875 22-080334 | 2,000,000 | EUR | 1,975,040.00 | 1,671,890.00 | 0.14% |
| ANHEUSER BUSCH INBEV 1,15 18-220127 | 2,000,000 | EUR | 1,994,266.00 | 1,887,180.00 | 0.16% |
| ANHEUSER BUSCH INBEV 1,65 19-280331 | 3,000,000 | EUR | 2,984,490.00 | 2,683,875.00 | 0.23% |
| ANHEUSER BUSCH INBEV 2,75 16-170336 | 2,000,000 | EUR | 2,199,740.33 | 1,786,920.00 | 0.15% |
| ANZ BANKING GROUP FRN 19-211129 | 3,000,000 | EUR | 3,003,726.00 | 2,818,770.00 | 0.24% |
| ARGAN 1,011 21-171126 | 3,000,000 | EUR | 3,000,000.00 | 2,452,575.00 | 0.21% |
| ARGENTA BANQUE FRN 22-080229 | 3,000,000 | EUR | 2,996,400.00 | 2,563,320.00 | 0.22% |
| ARGENTA SPAARBANK 1,00 20-290127 | 2,000,000 | EUR | 1,990,600.00 | 1,774,430.00 | 0.15% |
| ARGENTA SPAARBANK 1,0 20-131026 | 2,500,000 | EUR | 2,485,850.00 | 2,261,775.00 | 0.19% |
| ARGENTUM NETHERLAND 2,00 18-170930 | 1,200,000 | EUR | 1,198,860.00 | 1,082,628.00 | 0.09% |
| ARKEMA 1,50 15-200125 | 1,500,000 | EUR | 1,541,985.00 | 1,470,577.50 | 0.13% |
| ARKEMA 1,50 17-200427 | 4,000,000 | EUR | 3,940,000.00 | 3,773,960.00 | 0.32% |
| AROUNDTOWN PROPERTY FRN 19-PERPETUAL | 7,000,000 | EUR | 7,177,416.54 | 4,868,080.00 | 0.42% |
| AROUNDTOWN S.A. FRN 21-PERPETUAL | 5,000,000 | EUR | 4,850,784.06 | 3,101,125.00 | 0.27% |
| ASML HLDG N.V. 0,25 20-250230 | 2,000,000 | EUR | 1,980,580.00 | 1,671,790.00 | 0.14% |
| ASML HLDG N.V. 0,625 20-070529 | 1,000,000 | EUR | 998,950.00 | 879,050.00 | 0.08% |
| ASML HLDG N.V. 2,25 22-170532 | 4,000,000 | EUR | 3,978,800.00 | 3,825,560.00 | 0.33% |
| ASSICURAZIONI GENERALI FRN 16-080648 | 9,000,000 | EUR | 10,703,508.00 | 8,858,340.00 | 0.76% |
| ASTM SpA 2,375 21-251133 | 6,000,000 | EUR | 5,982,060.00 | 4,428,150.00 | 0.38% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| AT&T INC. 3,15 17-040936 | 6,000,000 | EUR | 7,024,863.00 | 5,547,600.00 | 0.47% |
| AXA FRN 18-280549 | 3,000,000 | EUR | 3,222,204.34 | 2,777,010.00 | 0.24% |
| AXA FRN 22-100742 | 3,500,000 | EUR | 3,474,485.00 | 2,723,927.50 | 0.23% |
| AXA LOGISTICS EUR 0,375 21-151126 | 4,000,000 | EUR | 3,977,920.00 | 3,490,200.00 | 0.30% |
| BANCO BILBAO VIZCAYA 1,75 22-261125 | 2,000,000 | EUR | 1,994,020.00 | 1,945,100.00 | 0.17% |
| BANCO SANTANDER S.A. 1,125 18-170125 | 1,900,000 | EUR | 1,895,934.00 | 1,830,982.50 | 0.16% |
| BANKINTER S.A. FRN 21-231232 | 4,000,000 | EUR | 3,991,880.00 | 3,266,820.00 | 0.28% |
| BANK OF AMERICA FRN 19-080829 | 3,000,000 | EUR | 3,000,000.00 | 2,553,495.00 | 0.22% |
| BANQUE FED CREDIT MUT 0,625 21-031128 | 2,700,000 | EUR | 2,688,525.00 | 2,263,275.00 | 0.19% |
| BARCLAYS BANK PLC FRN 21-220331 | 5,000,000 | EUR | 4,993,270.00 | 4,358,350.00 | 0.37% |
| BARCLAYS BANK UK FRN 21-120532 | 2,000,000 | EUR | 2,000,000.00 | 1,546,440.00 | 0.13% |
| BARCLAYS FRN 22-280128 | 3,000,000 | EUR | 3,000,000.00 | 2,629,830.00 | 0.22% |
| BARCLAYS PLC FRN 19-090625 | 1,800,000 | EUR | 1,792,962.00 | 1,727,010.00 | 0.15% |
| BARCLAYS PLC FRN 21-090829 | 5,000,000 | EUR | 5,003,980.00 | 4,086,500.00 | 0.35% |
| BARCLAYS PLC FRN 22-310127 | 3,000,000 | EUR | 3,000,000.00 | 2,923,410.00 | 0.25% |
| BAXTER INTERNATIONAL 1,30 19-150529 | 6,000,000 | EUR | 6,425,470.01 | 5,355,510.00 | 0.46% |
| BECTON DICKINSON 0,034 21-130825 | 2,600,000 | EUR | 2,600,000.00 | 2,411,760.00 | 0.21% |
| BECTON DICKINSON 0,334 21-130828 | 3,000,000 | EUR | 3,000,000.00 | 2,521,185.00 | 0.22% |
| BECTON DICKINSON 1,90 16-151226 | 4,000,000 | EUR | 4,165,762.63 | 3,837,740.00 | 0.33% |
| BFCM 1,875 16-041126 | 3,000,000 | EUR | 2,963,443.50 | 2,770,770.00 | 0.24% |
| BFCM 1,875 19-180629 | 2,000,000 | EUR | 1,993,680.00 | 1,695,730.00 | 0.15% |
| BFCM FRN 22-160632 | 3,000,000 | EUR | 2,998,920.00 | 2,911,230.00 | 0.25% |
| BLACKSTONE HLDG FINANCE 3,50 22-010634 | 3,000,000 | EUR | 2,955,750.00 | 2,817,705.00 | 0.24% |
| BLACKSTONE PROPERTY 1,00 21-040528 | 3,500,000 | EUR | 3,497,655.00 | 2,782,552.50 | 0.24% |
| BMW FINANCE N.V. 0,375 20-140127 | 5,000,000 | EUR | 5,046,420.00 | 4,604,025.00 | 0.39% |
| BMW FINANCE N.V. 1,50 19-060229 | 6,000,000 | EUR | 6,290,196.90 | 5,601,840.00 | 0.48% |
| BNP PARIBAS S.A. 2,10 22-070432 | 3,000,000 | EUR | 2,995,170.00 | 2,577,090.00 | 0.22% |
| BNP PARIBAS S.A. FRN 14-141027 | 3,500,000 | EUR | 3,561,930.00 | 3,504,672.50 | 0.30% |
| BNP PARIBAS S.A. FRN 18-201130 | 2,000,000 | EUR | 2,061,252.00 | 1,877,070.00 | 0.16% |
| BNP PARIBAS S.A. FRN 19-230127 | 3,000,000 | EUR | 3,062,780.00 | 2,887,830.00 | 0.25% |
| BNP PARIBAS S.A. FRN 20-190228 | 3,000,000 | EUR | 2,990,550.00 | 2,624,010.00 | 0.22% |
| BNP PARIBAS S.A. FRN 21-190130 | 2,000,000 | EUR | 1,993,440.00 | 1,637,140.00 | 0.14% |
| BNP PARIBAS S.A. FRN 21-310833 | 3,000,000 | EUR | 2,996,550.00 | 2,371,890.00 | 0.20% |
| BNP PARIBAS S.A. FRN 22-310332 | 2,500,000 | EUR | 2,498,250.00 | 2,279,325.00 | 0.19% |
| BOOKING HOLD 0,10 21-080325 | 4,500,000 | EUR | 4,498,920.00 | 4,249,732.50 | 0.36% |
| BPCE S.A. 1,00 19-010425 | 1,600,000 | EUR | 1,597,216.00 | 1,528,960.00 | 0.13% |
| BPCE S.A. FRN 15-301127 | 2,000,000 | EUR | 2,076,480.00 | 2,006,000.00 | 0.17% |
| BPCE S.A. FRN 20-150927 | 2,000,000 | EUR | 1,984,280.00 | 1,780,990.00 | 0.15% |
| BPCE S.A FRN 21-130142 | 3,000,000 | EUR | 2,990,310.00 | 2,579,925.00 | 0.22% |
| CAIXABANK FRN 21-090229 | 1,600,000 | EUR | 1,592,224.00 | 1,326,576.00 | 0.11% |
| CAIXABANK FRN 22-130426 | 2,000,000 | EUR | 1,997,740.00 | 1,908,400.00 | 0.16% |
| CAIXABANK S.A.. FRN 21-180631 | 3,100,000 | EUR | 3,086,763.00 | 2,698,178.00 | 0.23% |
| CAIXABANK S.A. 0,375 20-030225 | 2,000,000 | EUR | 1,994,120.00 | 1,895,030.00 | 0.16% |
| CAIXABANK S.A. 1,375 19-190626 | 1,000,000 | EUR | 994,120.00 | 921,835.00 | 0.08% |
| CAIXABANK S.A. FRN 20-100726 | 2,000,000 | EUR | 1,991,700.00 | 1,877,360.00 | 0.16% |
| CAIXA GERAL DEPOSITOS FRN 21-210927 | 4,500,000 | EUR | 4,493,340.00 | 3,941,167.50 | 0.34% |
| CAPGEMINI SE 1,00 18-181024 | 2,000,000 | EUR | 2,006,693.33 | 1,951,640.00 | 0.17% |
| CAPGEMINI SE 2,00 20-150429 | 5,000,000 | EUR | 5,022,368.00 | 4,703,225.00 | 0.40% |
| CBRE CI OPEN-END 0,50 21-270128 | 3,000,000 | EUR | 2,981,730.00 | 2,485,815.00 | 0.21% |
| CESKA SPORITELNA FRN 21-130928 | 2,500,000 | EUR | 2,496,900.00 | 2,081,737.50 | 0.18% |
| CITIGROUP INC. 1,625 18-210328 | 2,000,000 | EUR | 2,004,000.00 | 1,839,560.00 | 0.16% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| CITIGROUP INC. FRN 18-240726 | 5,000,000 | EUR | 4,987,470.00 | 4,797,625.00 | 0.41% |
| CITIGROUP INC. FRN 20-060726 | 4,000,000 | EUR | 4,037,300.00 | 3,813,940.00 | 0.33% |
| CITYCON TREASURY 2,50 14-011024 | 7,000,000 | EUR | 7,358,350.00 | 6,674,605.00 | 0.57% |
| CK HITCHINSON 1,00 21-021133 | 8,000,000 | EUR | 7,917,680.00 | 5,948,240.00 | 0.51% |
| CLOVERIE PLC ZURICH 1,50 18-151228 | 3,500,000 | EUR | 3,581,530.00 | 3,254,002.50 | 0.28% |
| CLOVERIE PLC ZURICH 1,75 14-160924 | 3,000,000 | EUR | 2,983,370.00 | 2,988,450.00 | 0.26% |
| CNP ASSURANCES FRN 21-121053 | 3,600,000 | EUR | 3,561,876.00 | 2,675,358.00 | 0.23% |
| COLOPLAST FINANCE 2,25 22-190527 | 3,500,000 | EUR | 3,481,555.00 | 3,414,250.00 | 0.29% |
| COMCAST CORP. 0,00 21-140926 | 2,000,000 | EUR | 1,993,720.00 | 1,810,900.00 | 0.15% |
| COMMERZBANK A.G. FR 22-140927 | 2,800,000 | EUR | 2,785,188.00 | 2,739,926.00 | 0.23% |
| COOP RABOBANK 0,875 20-050528 | 2,500,000 | EUR | 2,497,800.00 | 2,251,987.50 | 0.19% |
| COOP RABOBANK 1,25 16-230326 | 3,000,000 | EUR | 3,082,496.00 | 2,915,475.00 | 0.25% |
| CPI PROPERTY 1,50 21-270131 | 5,000,000 | EUR | 4,981,269.00 | 3,330,675.00 | 0.28% |
| CPI PROPERTY 1,625 19-230427 | 3,000,000 | EUR | 2,983,922.40 | 2,404,095.00 | 0.21% |
| CPI PROPERTY 2,75 20-120526 | 2,867,000 | EUR | 3,046,546.58 | 2,556,030.84 | 0.22% |
| CREDIT AGRIC ASSUR 1,50 21-061031 | 4,500,000 | EUR | 4,448,880.00 | 3,414,712.50 | 0.29% |
| CREDIT AGRICOLE 1,00 17-160924 | 3,000,000 | EUR | 2,980,647.00 | 2,953,485.00 | 0.25% |
| CREDIT AGRICOLE 1,75 19-050329 | 3,000,000 | EUR | 3,034,650.00 | 2,682,195.00 | 0.23% |
| CREDIT AGRICOLE S.A. 1,00 22-180925 | 1,700,000 | EUR | 1,697,875.00 | 1,636,199.00 | 0.14% |
| CREDIT AGRICOLE S.A. 1,625 20-050630 | 2,600,000 | EUR | 2,599,870.00 | 2,429,739.00 | 0.21% |
| CREDIT AGRICOLE S.A. 2,625 15-170327 | 1,500,000 | EUR | 1,617,916.66 | 1,427,850.00 | 0.12% |
| CREDIT AGRICOLE S.A. FRN 21-210929 | 3,500,000 | EUR | 3,493,770.00 | 2,909,340.00 | 0.25% |
| CREDIT MUTUEL 2,625 22-061129 | 4,000,000 | EUR | 3,999,240.00 | 3,758,100.00 | 0.32% |
| CRH FINANCE DAC 1,375 16-181028 | 1,500,000 | EUR | 1,490,124.23 | 1,375,837.50 | 0.12% |
| CTP N.V. 0,50 21-210625 | 2,500,000 | EUR | 2,491,425.00 | 2,135,650.00 | 0.18% |
| CTP N.V. 1,50 21-270931 | 3,300,000 | EUR | 3,279,969.00 | 2,005,476.00 | 0.17% |
| DAIMLER A.G. 0,625 19-060527 | 6,000,000 | EUR | 5,922,964.00 | 5,478,690.00 | 0.47% |
| DAIMLER INTERNATIONAL 1,00 18-111125 | 3,500,000 | EUR | 3,511,030.00 | 3,358,530.00 | 0.29% |
| DAIMLER INTERNATIONAL 2,625 20-070425 | 8,000,000 | EUR | 8,231,019.50 | 8,105,120.00 | 0.69% |
| DAIMLER TRUCK 1,25 22-060425 | 2,000,000 | EUR | 1,995,320.00 | 1,933,450.00 | 0.17% |
| DANAHER CORP. 2,10 20-300926 | 2,500,000 | EUR | 2,492,925.00 | 2,463,800.00 | 0.21% |
| DH EUROPE FINANCE 1,20 17-300627 | 4,000,000 | EUR | 4,148,456.20 | 3,735,380.00 | 0.32% |
| DONGFENG MOTOR 0,425 21-191024 | 5,000,000 | EUR | 5,000,000.00 | 4,748,900.00 | 0.41% |
| DXC CAPITAL 0,95 21-150931 | 5,000,000 | EUR | 4,985,750.00 | 3,767,375.00 | 0.32% |
| EDF 4,625 10-260430 | 5,500,000 | EUR | 6,976,813.85 | 6,019,585.00 | 0.51% |
| EDF S.A. 2,00 19-091249 | 4,000,000 | EUR | 4,379,700.00 | 2,528,060.00 | 0.22% |
| EDP FINANCE B.V. 1,875 18-131025 | 3,000,000 | EUR | 2,983,650.00 | 2,960,925.00 | 0.25% |
| ENEL 5,625 07-210627 | 2,500,000 | EUR | 3,217,653.00 | 2,801,475.00 | 0.24% |
| ENEL FINANCE INTERNATIONAL 0,25 22-171125 | 3,000,000 | EUR | 2,994,870.00 | 2,782,830.00 | 0.24% |
| ENEL FINANCE INTERNATIONAL 0,875 21-280934 | 3,000,000 | EUR | 2,985,360.00 | 2,095,440.00 | 0.18% |
| ENEL FINANCE INTERNATIONAL 1,00 17-160924 | 1,600,000 | EUR | 1,584,016.00 | 1,567,176.00 | 0.13% |
| ENEL SpA FRN 18-24112100 | 10,000,000 | EUR | 10,585,319.99 | 8,796,400.00 | 0.75% |
| ENEL SpA FRN 19-240580 | 3,500,000 | EUR | 3,786,611.00 | 3,271,135.00 | 0.28% |
| ENEL SpA FRN 20-PERPETUAL | 3,000,000 | EUR | 3,083,668.00 | 2,478,285.00 | 0.21% |
| ENEXIS HLDG N.V. 0,625 20-170632 | 3,000,000 | EUR | 2,993,790.00 | 2,422,605.00 | 0.21% |
| EQT AB 2,875 22-060432 | 4,500,000 | EUR | 4,473,450.00 | 3,816,652.50 | 0.33% |
| ERSTE GROUP BANK A.G. FRN 22-070633 | 1,500,000 | EUR | 1,495,140.00 | 1,432,222.50 | 0.12% |
| ERSTE GROUP BANK FRN 20-080931 | 6,000,000 | EUR | 6,144,050.00 | 5,374,170.00 | 0.46% |
| ERSTE GROUP BANK FRN 21-151132 | 2,000,000 | EUR | 1,985,160.00 | 1,646,610.00 | 0.14% |
| ESSITY AB 0,25 21-080231 | 2,500,000 | EUR | 2,490,400.00 | 1,944,312.50 | 0.17% |
| EUROCLEAR INVESTMENT 1,125 16-071226 | 3,000,000 | EUR | 3,009,351.00 | 2,854,020.00 | 0.24% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| EUROFINS SCIENTIFIC 4,00 22-060729 | 4,000,000 | EUR | 3,941,760.00 | 4,001,040.00 | 0.34% |
| EVONIK INDUSTRIES 2,25 22-250927 | 3,000,000 | EUR | 2,981,580.00 | 2,861,760.00 | 0.24% |
| FCA BANK SpA 0,00 21-160424 | 3,000,000 | EUR | 2,997,930.00 | 2,896,635.00 | 0.25% |
| FIDELIDADE COMPANHIA FRN 21-040931 | 6,000,000 | EUR | 6,417,250.00 | 5,533,530.00 | 0.47% |
| FIDELITY NATIONAL 0,625 19-031225 | 1,500,000 | EUR | 1,498,590.00 | 1,398,652.50 | 0.12% |
| FIDELITY NATIONAL INFORMATION SERVICES 1,50 19-210527 | 7,000,000 | EUR | 7,173,580.00 | 6,489,175.00 | 0.55% |
| FINECOBANK FRN 21-211027 | 3,500,000 | EUR | 3,489,850.00 | 3,054,975.00 | 0.26% |
| FNM SpA 0,75 21-201026 | 3,000,000 | EUR | 2,994,720.00 | 2,605,170.00 | 0.22% |
| FRESENIUS SE 1,875 22-240525 | 3,000,000 | EUR | 2,998,440.00 | 2,922,555.00 | 0.25% |
| GENERAL MOTORS FINANCE 0,60 21-200527 | 2,000,000 | EUR | 1,996,600.00 | 1,680,450.00 | 0.14% |
| GENERAL MOTORS FINANCE 0,65 21-070928 | 2,500,000 | EUR | 2,494,550.00 | 1,961,412.50 | 0.17% |
| GIVAUDAN NEDERLAND 1,625 20-220432 | 3,000,000 | EUR | 3,030,230.00 | 2,589,225.00 | 0.22% |
| GOLDMAN SACHS 0,125 19-190824 | 3,000,000 | EUR | 2,984,670.00 | 2,862,120.00 | 0.24% |
| GOLDMAN SACHS 0,75 21-230332 | 3,000,000 | EUR | 2,965,260.00 | 2,255,595.00 | 0.19% |
| GOLDMAN SACHS 0,875 20-210130 | 2,500,000 | EUR | 2,514,340.00 | 2,047,987.50 | 0.18% |
| GOLDMAN SACHS 1,375 17-150524 | 2,000,000 | EUR | 2,004,400.00 | 1,987,440.00 | 0.17% |
| GOLDMAN SACHS GROUP 0,25 21-260128 | 3,000,000 | EUR | 2,982,600.00 | 2,520,960.00 | 0.22% |
| GOLDMAN SACHS GROUP 2,875 14-030626 | 4,000,000 | EUR | 4,478,417.67 | 3,971,000.00 | 0.34% |
| GRAND CITY PROPERTIES FRN 20-PERPETUAL | 2,000,000 | EUR | 1,980,463.64 | 1,391,520.00 | 0.12% |
| GRAND CITY PROPERTIES S.A. 1,375 17-030826 | 2,000,000 | EUR | 1,936,400.00 | 1,776,200.00 | 0.15% |
| GROUPE BE LAMBERT 0,125 21-280131 | 3,000,000 | EUR | 2,968,320.00 | 2,346,270.00 | 0.20% |
| H&M FINANCE B.V. 0,25 21-250829 | 4,000,000 | EUR | 3,950,960.00 | 3,167,840.00 | 0.27% |
| HEIDELBERGCEMENT A.G. 1,625 17-070426 | 3,000,000 | EUR | 2,986,440.00 | 2,809,065.00 | 0.24% |
| HEIDELBERGCEMENT A.G. 2,50 20-091024 | 2,000,000 | EUR | 1,992,100.00 | 1,994,320.00 | 0.17% |
| HEIMSTADEN BOSTAD 1,125 20-210126 | 6,000,000 | EUR | 5,874,160.00 | 5,230,320.00 | 0.45% |
| HEIMSTADEN BOSTAD T 0,25 21-131024 | 2,000,000 | EUR | 1,999,760.00 | 1,824,330.00 | 0.16% |
| HERA SpA 0,25 20-031230 | 3,000,000 | EUR | 2,971,140.00 | 2,243,970.00 | 0.19% |
| HERA SpA 0,875 19-050727 | 1,500,000 | EUR | 1,476,105.00 | 1,363,635.00 | 0.12% |
| HERA SpA 2,50 22-250529 | 3,000,000 | EUR | 2,973,660.00 | 2,807,820.00 | 0.24% |
| HOCHTIEF A.G. 0,625 21-260429 | 4,000,000 | EUR | 3,955,160.00 | 2,692,100.00 | 0.23% |
| HOWOGE WOHNUNGS 0,625 21-011128 | 3,500,000 | EUR | 3,494,015.00 | 2,959,495.00 | 0.25% |
| HSBC HLDG FRN 22-150627 | 3,000,000 | EUR | 3,000,000.00 | 2,968,695.00 | 0.25% |
| HSBC HLDG PLC FRN 20-131126 | 2,000,000 | EUR | 2,000,000.00 | 1,815,690.00 | 0.16% |
| IBERDROLA FINANZAS 0,875 20-160625 | 2,000,000 | EUR | 1,995,680.00 | 1,944,360.00 | 0.17% |
| IBERDROLA FINANZAS 1,00 17-070325 | 3,000,000 | EUR | 2,980,800.00 | 2,938,005.00 | 0.25% |
| IBERDROLA FINANZAS FRN 21-PERPETUAL | 2,200,000 | EUR | 2,200,000.00 | 1,732,489.00 | 0.15% |
| IBERDROLA INTERNATIONAL B.V. FRN 17-PERPETUAL | 3,000,000 | EUR | 2,917,650.00 | 2,945,760.00 | 0.25% |
| IBERDROLA INTERNATIONAL B.V. FRN 18-PERPETUAL | 2,000,000 | EUR | 2,037,120.00 | 1,934,790.00 | 0.17% |
| IBERDROLA INTERNATIONAL B.V. FRN 19-PERPETUAL | 1,500,000 | EUR | 1,518,875.00 | 1,434,922.50 | 0.12% |
| IBERDROLA INTERNATIONAL B.V. FRN 20-PERPETUAL | 3,000,000 | EUR | 3,000,000.00 | 2,338,695.00 | 0.20% |
| ILLINOIS TOOL WORKS 0,625 19-051227 | 3,000,000 | EUR | 2,980,290.00 | 2,682,300.00 | 0.23% |
| ILLINOIS TOOL WORKS 2,125 15-220530 | 3,000,000 | EUR | 2,979,090.00 | 2,836,440.00 | 0.24% |
| INFINEON TECHNO 0,625 22-170225 | 3,200,000 | EUR | 3,190,240.00 | 3,078,944.00 | 0.26% |
| ING GROEP N.V. FRN 21-090632 | 1,700,000 | EUR | 1,691,908.00 | 1,433,168.00 | 0.12% |
| ING GROEP N.V. FRN 21-161132 | 3,000,000 | EUR | 2,990,790.00 | 2,489,400.00 | 0.21% |
| ING GROUP N.V. FRN 19-131130 | 2,500,000 | EUR | 2,495,650.00 | 2,229,700.00 | 0.19% |
| ING GROUP N.V. FRN 20-260531 | 3,700,000 | EUR | 3,763,186.00 | 3,415,877.00 | 0.29% |
| ING GROUP N.V. FRN 22-230526 | 3,000,000 | EUR | 2,997,840.00 | 2,925,675.00 | 0.25% |
| INTESA SAN PAOLO SpA 0,75 19-041224 | 3,000,000 | EUR | 3,028,110.00 | 2,881,365.00 | 0.25% |
| INTESA SAN PAOLO SpA 0,75 21-160328 | 2,500,000 | EUR | 2,498,800.00 | 2,126,800.00 | 0.18% |
| INTESA SAN PAOLO SpA 1,75 19-040729 | 8,000,000 | EUR | 8,415,704.44 | 6,957,680.00 | 0.60% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| IREN SpA 0,875 16-041124 | 3,500,000 | EUR | 3,343,802.50 | 3,383,782.50 | 0.29% |
| IREN SpA 0,875 19-141029 | 1,500,000 | EUR | 1,490,175.00 | 1,228,995.00 | 0.11% |
| IREN SpA 1,00 20-010730 | 3,000,000 | EUR | 2,944,320.00 | 2,410,815.00 | 0.21% |
| IREN SpA 1,50 17-241027 | 4,000,000 | EUR | 3,860,000.00 | 3,653,540.00 | 0.31% |
| ITALGAS SpA 1,625 17-180129 | 4,000,000 | EUR | 3,832,921.33 | 3,560,500.00 | 0.30% |
| JDE PEET''S N.V. 0,625 21-090228 | 4,000,000 | EUR | 3,981,240.00 | 3,388,760.00 | 0.29% |
| JP MORGAN CHASE&CO 0,597 21-170233 | 5,000,000 | EUR | 5,000,000.00 | 3,855,350.00 | 0.33% |
| JP MORGAN CHASE & CO 1,5 15-270125 | 3,000,000 | EUR | 3,061,198.39 | 2,945,535.00 | 0.25% |
| JP MORGAN CHASE & CO FRN 17-180528 | 2,000,000 | EUR | 2,006,520.00 | 1,866,730.00 | 0.16% |
| JP MORGAN CHASE & CO FRN 19-110327 | 3,000,000 | EUR | 3,000,000.00 | 2,807,985.00 | 0.24% |
| JP MORGAN CHASE & CO FRN 19-250731 | 6,000,000 | EUR | 6,070,529.97 | 5,024,730.00 | 0.43% |
| JP MORGAN CHASE & CO FRN 20-240228 | 2,000,000 | EUR | 2,000,000.00 | 1,767,020.00 | 0.15% |
| JP MORGAN CHASE FRN 22-230330 | 3,000,000 | EUR | 3,000,000.00 | 2,752,095.00 | 0.24% |
| KBC GROUP 0,75 21-310531 | 4,000,000 | EUR | 3,983,920.00 | 3,153,680.00 | 0.27% |
| KBC GROUPE FRN 21-071231 | 4,000,000 | EUR | 3,999,000.00 | 3,335,920.00 | 0.29% |
| KBC GROUP FRN 19-031229 | 4,000,000 | EUR | 3,962,830.00 | 3,636,360.00 | 0.31% |
| KBC GROUP FRN 20-160627 | 2,000,000 | EUR | 1,985,620.00 | 1,811,490.00 | 0.15% |
| KBC GROUP N.V. FRN 21-010327 | 2,500,000 | EUR | 2,489,575.00 | 2,246,625.00 | 0.19% |
| KERRY GROUP FINANCE SER 0,625 19-200929 | 8,000,000 | EUR | 8,025,902.40 | 6,598,480.00 | 0.56% |
| KONINKIJKE AHOLD DL 0,375 21-180330 | 3,500,000 | EUR | 3,487,050.00 | 2,821,350.00 | 0.24% |
| KONINKLIJKE AHOLD DELHAIZE 1,75 20-020427 | 2,200,000 | EUR | 2,294,390.00 | 2,103,464.00 | 0.18% |
| KONINKLIJKE DSM 2,375 14-030424 | 2,000,000 | EUR | 2,197,000.00 | 2,021,110.00 | 0.17% |
| LA POSTE 0,00 21-180729 | 3,000,000 | EUR | 2,970,090.00 | 2,488,590.00 | 0.21% |
| LA POSTE S.A. 0,375 19-170927 | 5,000,000 | EUR | 4,997,650.00 | 4,509,600.00 | 0.39% |
| LA POSTE S.A. 1,45 18-301128 | 2,000,000 | EUR | 1,996,480.00 | 1,889,420.00 | 0.16% |
| LEASEPLAN CORP. 0,25 21-230226 | 3,000,000 | EUR | 2,988,420.00 | 2,687,145.00 | 0.23% |
| LEASEPLAN CORP. 2,125 22-060525 | 3,000,000 | EUR | 2,998,110.00 | 2,914,785.00 | 0.25% |
| LINDE FINANCE B.V. 0,25 20-190527 | 2,500,000 | EUR | 2,498,950.00 | 2,254,562.50 | 0.19% |
| LINDE PLC 1,375 22-310331 | 3,000,000 | EUR | 2,976,150.00 | 2,650,920.00 | 0.23% |
| LLOYDS BANK CORP. 2,375 20-090426 | 4,000,000 | EUR | 4,404,039.92 | 3,972,940.00 | 0.34% |
| LLOYDS BANK GROUP 0,375 20-280125 | 1,500,000 | EUR | 1,506,000.00 | 1,430,355.00 | 0.12% |
| LLOYDS BANK GROUP 1,50 17-120927 | 2,000,000 | EUR | 2,105,000.00 | 1,846,290.00 | 0.16% |
| LLOYDS BANK GROUP FRN 18-070928 | 2,000,000 | EUR | 2,013,092.00 | 1,947,080.00 | 0.17% |
| LLOYDS BANK GROUP FRN 19-121125 | 2,000,000 | EUR | 1,988,700.00 | 1,897,600.00 | 0.16% |
| LLOYDS BANK GROUP FRN 20-010426 | 2,700,000 | EUR | 2,972,641.00 | 2,726,757.00 | 0.23% |
| MC DONALD'S CORP. 1,60 19-150331 | 4,300,000 | EUR | 4,388,164.00 | 3,769,853.00 | 0.32% |
| MC DONALD'S CORP. 1,75 16-030528 | 3,500,000 | EUR | 3,863,500.00 | 3,310,405.00 | 0.28% |
| MEDIOBANCA 0,875 19-150126 | 2,600,000 | EUR | 2,595,060.00 | 2,381,509.00 | 0.20% |
| MEDIOBANCA 1,125 19-150725 | 2,000,000 | EUR | 1,992,620.00 | 1,886,810.00 | 0.16% |
| MEDIOBANCA FRN 22-170729 | 4,000,000 | EUR | 3,978,880.00 | 3,367,340.00 | 0.29% |
| MEDTRONIC GLOBAL HL 1,625 20-151050 | 3,500,000 | EUR | 3,404,030.00 | 2,300,427.50 | 0.20% |
| MEDTRONIC GLOBAL HLDG 1,125 19-070327 | 6,000,000 | EUR | 6,248,110.00 | 5,651,400.00 | 0.48% |
| MEDTRONIC GLOBAL HLDG 2,25 19-070339 | 2,500,000 | EUR | 2,504,382.14 | 2,097,275.00 | 0.18% |
| MERCEDES-BENZ 0,75 20-100930 | 2,100,000 | EUR | 2,082,948.00 | 1,759,926.00 | 0.15% |
| MERCK FINANCIAL 0,50 20-160728 | 1,700,000 | EUR | 1,693,812.00 | 1,515,754.00 | 0.13% |
| MERCK FRN 20-090980 | 5,000,000 | EUR | 5,097,500.00 | 4,369,675.00 | 0.37% |
| MERLIN PROPERTIES 1,875 19-041234 | 3,500,000 | EUR | 3,437,087.89 | 2,541,472.50 | 0.22% |
| MITSUBISHI UFJ FINANCIAL 0,872 17-070924 | 3,800,000 | EUR | 3,787,220.00 | 3,679,350.00 | 0.31% |
| MONDELEZ INTL 1,625 15-080327 | 2,000,000 | EUR | 2,022,890.00 | 1,909,200.00 | 0.16% |
| MORGAN STANLEY 1,75 15-300125 | 3,500,000 | EUR | 3,548,440.00 | 3,435,862.50 | 0.29% |
| MORGAN STANLEY FRN 17-231026 | 4,000,000 | EUR | 4,218,788.00 | 3,802,380.00 | 0.33% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| MORGAN STANLEY FRN 20-261029 | 3,500,000 | EUR | 3,500,000.00 | 2,943,377.50 | 0.25% |
| MORGAN STANLEY FRN 21-070231 | 2,500,000 | EUR | 2,500,000.00 | 2,007,700.00 | 0.17% |
| MORGAN STANLEY FRN 21-290433 | 3,000,000 | EUR | 3,000,000.00 | 2,377,590.00 | 0.20% |
| MORGAN STANLEY FRN 22-070532 | 2,000,000 | EUR | 2,000,000.00 | 1,963,810.00 | 0.17% |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT A.G. 1,00 21-260542 | 2,000,000 | EUR | 1,987,100.00 | 1,445,250.00 | 0.12% |
| NASDAQ INC. 0,875 20-130230 | 1,500,000 | EUR | 1,495,140.00 | 1,221,660.00 | 0.10% |
| NASDAQ INC. 1,75 19-280329 | 4,000,000 | EUR | 4,142,155.00 | 3,561,400.00 | 0.30% |
| NATWEST GROUP FRN 21-260230 | 3,000,000 | EUR | 2,999,760.00 | 2,444,700.00 | 0.21% |
| NATWEST MARKETS 1,375 22-020327 | 4,000,000 | EUR | 3,991,560.00 | 3,701,540.00 | 0.32% |
| NATWEST MARKETS 2,00 22-270825 | 3,000,000 | EUR | 2,991,630.00 | 2,930,550.00 | 0.25% |
| NE PROPERTY B.V. 2,00 22-200130 | 4,000,000 | EUR | 3,948,520.00 | 2,856,040.00 | 0.24% |
| NE PROPERTY B.V. 3,375 20-140727 | 5,000,000 | EUR | 5,640,464.00 | 4,321,850.00 | 0.37% |
| NE PROPERTY COOP 1,75 17-231124 | 3,000,000 | EUR | 3,076,500.00 | 2,794,545.00 | 0.24% |
| NESTLE FINANCE INTERNATIONAL 0,125 20-121127 | 2,000,000 | EUR | 1,986,020.00 | 1,796,490.00 | 0.15% |
| NESTLE FINANCE INTERNATIONAL 0,25 21-140629 | 3,000,000 | EUR | 2,991,930.00 | 2,611,770.00 | 0.22% |
| NESTLE FINANCE INTERNATIONAL 1,125 20-010426 | 1,500,000 | EUR | 1,491,285.00 | 1,457,857.50 | 0.12% |
| NESTLE HLDG 0,875 17-180725 | 2,000,000 | EUR | 2,025,260.00 | 1,950,830.00 | 0.17% |
| NETFLIX INC. 3,625 19-150630 | 5,000,000 | EUR | 5,670,800.00 | 4,345,350.00 | 0.37% |
| NIBC BANK 0,25 21-090926 | 3,500,000 | EUR | 3,497,410.00 | 3,014,235.00 | 0.26% |
| NN BANK N.V. NETHERLAN 0,50 21-210928 | 3,500,000 | EUR | 3,493,035.00 | 2,936,885.00 | 0.25% |
| NN GROUP N.V. 1,625 17-070727 | 2,000,000 | EUR | 2,050,100.00 | 1,905,410.00 | 0.16% |
| NORDEA BANK 0,625 21-180831 | 3,000,000 | EUR | 2,993,520.00 | 2,638,350.00 | 0.23% |
| NORTEGAS ENERGIA 0,905 21-220131 | 3,500,000 | EUR | 3,500,000.00 | 2,710,715.00 | 0.23% |
| NORTEGAS ENERGIA 2,065 17-280927 | 3,500,000 | EUR | 3,497,879.00 | 3,272,185.00 | 0.28% |
| NOVO NORDISK FINANCE 0,00 21-040624 | 3,000,000 | EUR | 3,020,070.00 | 2,917,845.00 | 0.25% |
| NTT FINANCE CORP. 0,01 21-030325 | 4,000,000 | EUR | 4,017,800.00 | 3,791,580.00 | 0.32% |
| NTT FINANCE CORP. 0,082 21-131225 | 3,000,000 | EUR | 3,000,000.00 | 2,788,365.00 | 0.24% |
| NYKREDIT REALKD FRN 21-280731 | 2,000,000 | EUR | 1,995,840.00 | 1,767,870.00 | 0.15% |
| NYKREDIT REALKRED 0,25 20-130126 | 2,500,000 | EUR | 2,496,700.00 | 2,263,687.50 | 0.19% |
| ORANGE 1,25 20-070727 | 2,500,000 | EUR | 2,497,275.00 | 2,356,112.50 | 0.20% |
| ORANGE FRN 14-PERPETUAL | 4,000,000 | EUR | 4,802,125.00 | 4,043,260.00 | 0.35% |
| ORANGE FRN 19-PERPETUAL | 3,000,000 | EUR | 3,011,872.50 | 2,807,445.00 | 0.24% |
| ORSTED A/SA.S. FRN 21-18023021 | 5,000,000 | EUR | 5,013,500.00 | 3,677,150.00 | 0.31% |
| P3 GROUP 0,875 22-260126 | 6,000,000 | EUR | 5,959,560.00 | 5,174,520.00 | 0.44% |
| PEPSICO INC. 0,40 20-091032 | 2,000,000 | EUR | 1,997,200.00 | 1,549,620.00 | 0.13% |
| PEPSICO INC. 0,75 19-180327 | 3,000,000 | EUR | 2,994,450.00 | 2,803,275.00 | 0.24% |
| PERSHING SQUARE 1,375 21-011027 | 4,000,000 | EUR | 3,994,760.00 | 3,280,040.00 | 0.28% |
| PROLOGIS EURO FINANCE 0,375 20-060228 | 1,750,000 | EUR | 1,745,607.50 | 1,497,667.50 | 0.13% |
| PROLOGIS EURO FINANCE 1,50 19-100949 | 1,000,000 | EUR | 975,390.00 | 568,965.00 | 0.05% |
| PROLOGIS INTERNATIONAL 0,75 21-230333 | 3,000,000 | EUR | 2,988,030.00 | 2,110,020.00 | 0.18% |
| PROLOGIS INTERNATIONAL 3,125 22-010631 | 1,500,000 | EUR | 1,496,520.00 | 1,412,737.50 | 0.12% |
| PROLOGIS INTERNATIONAL FUND 1,625 20-170632 | 2,000,000 | EUR | 1,992,660.00 | 1,583,290.00 | 0.14% |
| PROSUS N.V. 1,539 20-030828 | 6,000,000 | EUR | 5,792,540.00 | 4,770,810.00 | 0.41% |
| PROSUS N.V. 1,985 21-130733 | 4,000,000 | EUR | 4,000,000.00 | 2,701,340.00 | 0.23% |
| PROSUS N.V. 2,031 20-030832 | 5,000,000 | EUR | 5,180,061.20 | 3,489,625.00 | 0.30% |
| RAIFFEISEN BANK INTERNATIONAL FRN 21-170633 | 2,000,000 | EUR | 1,989,420.00 | 1,415,920.00 | 0.12% |
| RCI BANQUE S.A. 1,00 16-170523 | 1,500,000 | EUR | 1,502,460.00 | 1,485,712.50 | 0.13% |
| RCI BANQUE S.A. 1,125 20-150127 | 7,000,000 | EUR | 6,865,567.33 | 6,046,390.00 | 0.52% |
| RCI BANQUE S.A. 2,00 19-110724 | 1,000,000 | EUR | 1,024,628.71 | 982,335.00 | 0.08% |
| RCI BANQUE S.A. 4,75 22-060727 | 3,000,000 | EUR | 2,992,830.00 | 3,008,985.00 | 0.26% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| RENTOKIL INITIAL 0,50 20-141028 | 1,800,000 | EUR | 1,793,124.00 | 1,490,292.00 | 0.13% |
| RENTOKIL INITIAL 3,875 22-270627 | 3,500,000 | EUR | 3,485,510.00 | 3,567,305.00 | 0.31% |
| ROYAL BANK OF CANADA 0,125 19-230724 | 2,000,000 | EUR | 1,994,340.00 | 1,922,940.00 | 0.16% |
| ROYAL BANK OF CANADA 0,25 19-020524 | 3,500,000 | EUR | 3,481,660.00 | 3,395,612.50 | 0.29% |
| ROYAL PHILIPS 0,50 19-220526 | 2,000,000 | EUR | 1,989,880.00 | 1,857,810.00 | 0.16% |
| ROYAL PHILIPS 2,125 22-051129 | 4,000,000 | EUR | 3,966,600.00 | 3,749,840.00 | 0.32% |
| SAINT-GOBAIN 1,125 18-230326 | 1,500,000 | EUR | 1,493,970.00 | 1,427,640.00 | 0.12% |
| SAINT-GOBAIN 1,375 17-140627 | 3,500,000 | EUR | 3,523,322.50 | 3,287,182.50 | 0.28% |
| SAMPO PLC FRN 20-030952 | 7,000,000 | EUR | 7,442,150.33 | 5,491,325.00 | 0.47% |
| SANDVIK AB 2,125 22-070627 | 3,000,000 | EUR | 2,981,190.00 | 2,924,955.00 | 0.25% |
| SAP SE 0,125 20-180526 | 2,500,000 | EUR | 2,484,375.00 | 2,323,812.50 | 0.20% |
| SAP SE 1,00 18-130326 | 3,000,000 | EUR | 3,049,500.00 | 2,901,240.00 | 0.25% |
| SAP SE 1,375 18-130330 | 4,000,000 | EUR | 4,231,680.00 | 3,674,620.00 | 0.31% |
| SCHNEIDER ELECTRIC 0,25 20-110329 | 3,000,000 | EUR | 2,979,030.00 | 2,582,385.00 | 0.22% |
| SCHNEIDER ELECTRIC 0,875 17-131226 | 2,500,000 | EUR | 2,482,625.00 | 2,361,625.00 | 0.20% |
| SCHNEIDER ELECTRIC 1,00 20-090427 | 3,700,000 | EUR | 3,745,791.00 | 3,489,525.50 | 0.30% |
| SCHNEIDER ELECTRIC 1,375 18-210627 | 1,700,000 | EUR | 1,683,510.00 | 1,623,491.50 | 0.14% |
| SCHNEIDER ELECTRIC 1,50 19-150128 | 3,500,000 | EUR | 3,499,125.00 | 3,337,232.50 | 0.29% |
| SIAS 1,625 18-080228 | 4,000,000 | EUR | 4,137,000.00 | 3,415,940.00 | 0.29% |
| SIEMENS FINANCE 0,25 20-200229 | 3,000,000 | EUR | 2,995,200.00 | 2,579,145.00 | 0.22% |
| SIEMENS FINANCE 0,375 20-050626 | 2,000,000 | EUR | 1,998,940.00 | 1,869,610.00 | 0.16% |
| SIEMENS FINANCE 1,375 18-060930 | 2,000,000 | EUR | 1,990,580.00 | 1,844,220.00 | 0.16% |
| SIEMENS FINANCIER 0,625 22-250227 | 3,000,000 | EUR | 2,984,580.00 | 2,780,745.00 | 0.24% |
| SIEMENS FINANCIER 1,00 22-250230 | 2,000,000 | EUR | 1,992,980.00 | 1,779,550.00 | 0.15% |
| SIGNIFY N.V. 2,00 20-110524 | 7,000,000 | EUR | 7,098,030.00 | 6,894,195.00 | 0.59% |
| SMURFIT KAPPA ACQ 2,875 18-150126 | 4,000,000 | EUR | 4,436,000.00 | 3,948,760.00 | 0.34% |
| SMURFIT KAPPA TREA 0,50 21-220929 | 2,500,000 | EUR | 2,496,275.00 | 2,000,387.50 | 0.17% |
| SMURFIT KAPPA TREA 1,00 21-220933 | 4,000,000 | EUR | 3,994,600.00 | 2,871,580.00 | 0.25% |
| SOCIETE DES AUTOROUTES PARIS-RHIN-RHONE 1,125 16-090126 | 3,500,000 | EUR | 3,472,035.00 | 3,370,850.00 | 0.29% |
| SOCIETE DES AUTOROUTES PARIS-RHIN-RHONE 1,50 18-250130 | 2,000,000 | EUR | 1,980,540.00 | 1,827,740.00 | 0.16% |
| SOCIETE GENERAL 0,875 19-240929 | 2,200,000 | EUR | 2,200,000.00 | 1,786,598.00 | 0.15% |
| SOCIETE GENERALE 0,75 20-250127 | 2,500,000 | EUR | 2,499,650.00 | 2,215,850.00 | 0.19% |
| SOCIETE GENERALE 1,25 19-150224 | 3,000,000 | EUR | 2,982,000.00 | 2,955,780.00 | 0.25% |
| SOCIETE GENERALE FRN 20-241130 | 4,000,000 | EUR | 3,990,365.00 | 3,506,460.00 | 0.30% |
| SOCIETE GENERALE FRN 21-300631 | 3,000,000 | EUR | 2,981,850.00 | 2,566,740.00 | 0.22% |
| SODEXHO 0,75 20-270425 | 2,000,000 | EUR | 1,996,580.00 | 1,913,880.00 | 0.16% |
| STATKRAFT A/S 1,125 17-200325 | 5,000,000 | EUR | 5,066,228.00 | 4,884,175.00 | 0.42% |
| STEDIN HLDG 0,50 19-141129 | 7,000,000 | EUR | 6,996,470.00 | 5,799,430.00 | 0.50% |
| STEDIN HLDG 2,375 22-060330 | 3,000,000 | EUR | 2,979,540.00 | 2,828,625.00 | 0.24% |
| STEDIN HLDG FRN 21-PERPETUAL | 1,500,000 | EUR | 1,500,000.00 | 1,268,925.00 | 0.11% |
| STELLANTIS N.V. 1,25 21-200633 | 2,000,000 | EUR | 1,975,340.00 | 1,404,110.00 | 0.12% |
| SUEZ S.A. 1,875 22-240527 | 2,400,000 | EUR | 2,390,496.00 | 2,296,092.00 | 0.20% |
| SVENSKA HANDELSBANKEN FRN 18-050329 | 2,000,000 | EUR | 1,999,240.00 | 1,951,000.00 | 0.17% |
| SWISS LIFE FINANCE 0,50 21-150931 | 2,300,000 | EUR | 2,288,178.00 | 1,796,875.00 | 0.15% |
| SWISS RE FINANCE FRN 20-040652 | 5,000,000 | EUR | 5,075,006.01 | 4,086,450.00 | 0.35% |
| TAKEDA PHARMACEUTICAL 2,25 18-211126 | 3,000,000 | EUR | 3,060,393.00 | 2,945,970.00 | 0.25% |
| TAKEDA PHARMACEUTICAL 3,00 18-211130 | 2,000,000 | EUR | 2,153,040.00 | 1,952,690.00 | 0.17% |
| TALANX A.G. FRN 21-011242 | 4,100,000 | EUR | 4,064,371.00 | 3,200,890.50 | 0.27% |
| TELEPERFORMANCE 0,25 20-261127 | 2,000,000 | EUR | 1,984,260.00 | 1,723,860.00 | 0.15% |
| THERMO FISHER 0,00 21-181125 | 3,000,000 | EUR | 2,996,040.00 | 2,788,950.00 | 0.24% |
| THERMO FISHER 0,80 21-181030 | 3,200,000 | EUR | 3,193,920.00 | 2,717,744.00 | 0.23% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| THERMO FISHER 2,375 20-150432 | 2,600,000 | EUR | 2,572,440.00 | 2,470,182.00 | 0.21% |
| THERMO FISHER SCIENTIFIC 1,40 17-230126 | 4,000,000 | EUR | 3,992,471.25 | 3,875,240.00 | 0.33% |
| TOTALENERGIES 0,75 16-120728 | 4,800,000 | EUR | 4,738,944.00 | 4,352,736.00 | 0.37% |
| TOTALENERGIES 1,491 20-080427 | 2,500,000 | EUR | 2,500,000.00 | 2,407,750.00 | 0.21% |
| TOTALENERGIES SE FRN 21-PERPETUAL | 6,000,000 | EUR | 6,019,518.75 | 4,796,010.00 | 0.41% |
| TOYOTA MOTOR CD 0,125 21-051127 | 4,000,000 | EUR | 3,981,920.00 | 3,457,260.00 | 0.30% |
| TRATON FINANCE LUX 0,00 21-140624 | 4,000,000 | EUR | 4,003,960.00 | 3,816,740.00 | 0.33% |
| TRITAX EUROBOX 0,95 21-020626 | 3,500,000 | EUR | 3,469,550.00 | 3,133,637.50 | 0.27% |
| UBS GROUP A.G. 0,875 21-031131 | 3,500,000 | EUR | 3,497,655.00 | 2,735,792.50 | 0.23% |
| UBS GROUP A.G. 0FRN 20-051128 | 2,500,000 | EUR | 2,479,825.00 | 2,115,700.00 | 0.18% |
| UBS GROUP FRN 20-290126 | 2,700,000 | EUR | 2,685,042.00 | 2,520,787.50 | 0.22% |
| UNICREDIT FRN 22-180128 | 8,000,000 | EUR | 7,987,520.00 | 7,004,800.00 | 0.60% |
| UNICREDIT SpA 1,80 20-200130 | 3,500,000 | EUR | 3,614,832.60 | 2,878,137.50 | 0.25% |
| UNICREDIT SpA FRN 20-220727 | 3,000,000 | EUR | 2,995,650.00 | 2,745,870.00 | 0.23% |
| UNICREDIT SpA FRN 21-050729 | 3,500,000 | EUR | 3,498,355.00 | 2,882,810.00 | 0.25% |
| UNIPOL GRUPPO FINANZIARO SpA 3,25 20-230930 | 3,000,000 | EUR | 2,977,800.00 | 2,757,705.00 | 0.24% |
| UPM-KYMMENE 0,125 20-191128 | 1,900,000 | EUR | 1,882,406.00 | 1,560,764.50 | 0.13% |
| VANTAGE TOWERS A.G. 0,375 21-310327 | 4,000,000 | EUR | 3,989,360.00 | 3,462,200.00 | 0.30% |
| VERIZON COMMUNICATIONS INC. 2,625 14-011231 | 5,000,000 | EUR | 5,336,450.00 | 4,809,900.00 | 0.41% |
| VESTEDA FINANCE 0,75 21-181031 | 2,000,000 | EUR | 1,972,180.00 | 1,538,990.00 | 0.13% |
| VGP N.V. 1,50 21-080429 | 6,000,000 | EUR | 5,713,600.00 | 4,015,170.00 | 0.34% |
| VGP S.A. 1,625 22-170127 | 5,000,000 | EUR | 4,719,850.00 | 3,955,100.00 | 0.34% |
| VIA OUTLETS B.V. 1,75 21-151128 | 3,800,000 | EUR | 3,776,478.00 | 3,181,493.00 | 0.27% |
| VINCI S.A. 0,00 20-271128 | 2,700,000 | EUR | 2,712,771.00 | 2,283,727.50 | 0.20% |
| VINCI S.A. 1,625 19-180129 | 4,000,000 | EUR | 3,961,360.00 | 3,688,560.00 | 0.32% |
| VINCI S.A. 1,75 18-260930 | 1,700,000 | EUR | 1,693,268.00 | 1,575,543.00 | 0.13% |
| VODAFONE GROUP 0,90 19-241126 | 2,000,000 | EUR | 2,074,500.00 | 1,878,410.00 | 0.16% |
| VODAFONE GROUP 1,125 17-201125 | 2,000,000 | EUR | 1,983,340.00 | 1,928,710.00 | 0.16% |
| VODAFONE GROUP 1,625 19-241130 | 2,500,000 | EUR | 2,696,459.00 | 2,244,712.50 | 0.19% |
| VOLKSWAGEN FINANCE SERVICES 0,875 22-310128 | 4,700,000 | EUR | 4,680,918.00 | 4,062,398.00 | 0.35% |
| VOLKSWAGEN INTERNATIONAL 3,25 18-181130 | 2,000,000 | EUR | 2,467,420.00 | 1,911,560.00 | 0.16% |
| VOLKSWAGEN INTERNATIONAL FINANCE 3,125 22-280325 | 3,500,000 | EUR | 3,497,865.00 | 3,540,775.00 | 0.30% |
| VOLKSWAGEN INTERNATIONAL FINANCE 3,75 22-280927 | 3,000,000 | EUR | 2,986,380.00 | 3,048,405.00 | 0.26% |
| VOLKSWAGEN INTERNATIONAL FINANCE FRN 17-PERPETUA | 9,000,000 | EUR | 9,929,898.87 | 7,947,540.00 | 0.68% |
| VOLKSWAGEN LEASING GMBH 0,00 21-190724 | 3,000,000 | EUR | 2,994,600.00 | 2,858,235.00 | 0.24% |
| VOLKSWAGEN LEASING GMBH 0,625 21-190729 | 3,000,000 | EUR | 2,977,470.00 | 2,407,365.00 | 0.21% |
| VOLVO TREASURY 1,625 22-180925 | 2,000,000 | EUR | 1,993,760.00 | 1,963,440.00 | 0.17% |
| VOLVO TREASURY AB 0,00 21-180526 | 3,400,000 | EUR | 3,381,368.00 | 3,089,070.00 | 0.26% |
| VONOVIA 0,00 21-011225 | 1,500,000 | EUR | 1,495,860.00 | 1,335,780.00 | 0.11% |
| VONOVIA FINANCE 0,625 20-090726 | 3,000,000 | EUR | 2,990,520.00 | 2,658,330.00 | 0.23% |
| VONOVIA FINANCE 1,625 20-070424 | 1,500,000 | EUR | 1,497,465.00 | 1,476,150.00 | 0.13% |
| WABTEC TRANSPORT 1,25 21-031227 | 2,000,000 | EUR | 1,985,340.00 | 1,639,930.00 | 0.14% |
| WOLTERS KLUWER 0,25 21-300328 | 5,000,000 | EUR | 4,997,900.00 | 4,349,000.00 | 0.37% |
| WOOLWORTHS GROUP 0,375 21-151128 | 1,500,000 | EUR | 1,495,140.00 | 1,215,420.00 | 0.10% |
| WORDLINE S.A. 0,875 20-300627 | 3,000,000 | EUR | 3,112,095.00 | 2,710,545.00 | 0.23% |
| Total EURO |  |  | 1,311,417,352.04 | 1,145,752,003.84 | 97.99% |
| Total Bonds |  |  | 1,311,417,352.04 | 1,145,752,003.84 | 97.99% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 1,311,417,352.04 | 1,145,752,003.84 | 97.99% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Other Transferable Securities |  |  |  |  |  |
| ALLIANDER N.V. 0,375 20-100630 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| AMERICAN MEDICAL 0,75 22-080325 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| BNP PARIBAS S.A. 1,125 18-221123 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| CAPGEMINI SE 0,625 20-230625 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| COOP RABOBANK 0,625 19-270224 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| FLUVIUS SYSTEM 0,25 20-021230 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| GOLDMAN SACH 1,00 21-180333 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| ING GROUP N.V. FRN 19-030925 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| ROYAL SCHIPHOL GROUP 1,50 18-051130 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| SODEXHO 1,00 20-170728 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| UBS GROUP A.G. FRN 21-031126 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| VONOVIA SE 2,375 22-250332 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| Total EURO |  |  | 0.00 | 0.00 | 0.00% |
| Total Other Transferable Securities |  |  | 0.00 | 0.00 | 0.00% |
| Total Portfolio |  |  | 1,311,417,352.04 | 1,145,752,003.84 | 97.99% |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Bonds |  |  |  |  |  |
| AUSTRALIA 1,00 19-211230 | 23,000,000 | AUD | 14,243,935.42 | 12,360,410.44 | 1.24% |
| AUSTRALIA 3,25 13-210425 | 5,000,000 | AUD | 3,551,353.99 | 3,314,598.61 | 0.33% |
| AUSTRALIA -INFLATION LINKED- 0,75 17-211127 | 15,000,000 | AUD | 10,367,821.15 | 10,918,374.10 | 1.10% |
| Total AUSTRALIAN DOLLAR |  |  | 28,163,110.56 | 26,593,383.15 | 2.68% |
| CZECH 1,00 15-260626 | 485,000,000 | CZK | 18,320,170.90 | 16,483,098.17 | 1.66% |
| CZECH 1,50 20-240440 | 230,000,000 | CZK | 8,603,920.43 | 5,646,904.24 | 0.57% |
| CZECH 2,50 13-250828 | 200,000,000 | CZK | 7,952,148.80 | 6,984,981.09 | 0.70% |
| Total CZECH KORUNA |  |  | 34,876,240.13 | 29,114,983.50 | 2.93% |
| AB INBEV 2,125 20-021227 | 3,000,000 | EUR | 2,994,900.00 | 2,915,625.00 | 0.29% |
| ADIDAS A.G. 0,625 20-100935 | 2,000,000 | EUR | 1,987,200.00 | 1,467,120.00 | 0.15% |
| AKELIUS RESIDENTIAL FRN 18-051078 | 2,507,000 | EUR | 2,597,001.30 | 2,353,809.77 | 0.24% |
| ANHEUSER BUSCH INBEV 1,65 19-280331 | 5,000,000 | EUR | 5,044,973.00 | 4,473,125.00 | 0.45% |
| APPLE INC. 1,375 17-240529 | 3,000,000 | EUR | 2,950,200.00 | 2,840,145.00 | 0.29% |
| AT&T INC. 3,15 17-040936 | 8,000,000 | EUR | 8,032,208.00 | 7,396,800.00 | 0.74% |
| BANCO BILBAO VIZCAYA 1,75 22-261125 | 4,000,000 | EUR | 3,988,040.00 | 3,890,200.00 | 0.39% |
| BANCO BPM SpA 4,375 17-210927 | 2,000,000 | EUR | 2,036,000.00 | 1,949,370.00 | 0.20% |
| BANK OF AMERICA 1,776 17-040527 | 4,500,000 | EUR | 4,447,990.00 | 4,301,910.00 | 0.43% |
| BANK OF AMERICA FRN 22-271026 | 4,500,000 | EUR | 4,482,400.00 | 4,363,200.00 | 0.44% |
| BARCLAYS PLC FRN 17-070228 | 1,600,000 | EUR | 1,607,840.00 | 1,581,896.00 | 0.16% |
| BARCLAYS PLC FRN 22-310127 | 4,000,000 | EUR | 4,000,000.00 | 3,897,880.00 | 0.39% |
| BNP PARIBAS S.A. 0,625 20-031232 | 4,500,000 | EUR | 4,495,860.00 | 3,311,167.50 | 0.33% |
| BNP PARIBAS S.A. 1,50 17-230528 | 1,000,000 | EUR | 995,890.00 | 900,690.00 | 0.09% |
| BNP PARIBAS S.A. 2,75 22-250728 | 4,000,000 | EUR | 3,989,760.00 | 3,858,600.00 | 0.39% |
| BNP PARIBAS S.A. FRN 22-310332 | 2,500,000 | EUR | 2,498,250.00 | 2,279,325.00 | 0.23% |
| BUONI POLIENNALI 0,95 21-011231 | 4,000,000 | EUR | 4,022,720.00 | 3,277,140.00 | 0.33% |
| CAIXABANK FRN 22-130426 | 4,000,000 | EUR | 3,995,480.00 | 3,816,800.00 | 0.38% |
| CARREFOUR S.A. 1,875 22-301026 | 2,500,000 | EUR | 2,498,475.00 | 2,365,850.00 | 0.24% |
| CHILE 1,25 21-220151 | 7,000,000 | EUR | 6,757,256.00 | 3,882,515.00 | 0.39% |
| CHINA 0,25 20-251130 | 23,000,000 | EUR | 22,872,260.00 | 18,054,310.00 | 1.82% |
| CHINA 0,625 20-251135 | 12,000,000 | EUR | 11,933,400.00 | 8,591,040.00 | 0.86% |
| CHINA GVT 0,50 19-121131 | 6,750,000 | EUR | 6,750,625.00 | 6,092,482.50 | 0.61% |
| CHUBB INA 0,875 19-151229 | 1,500,000 | EUR | 1,498,425.00 | 1,277,257.50 | 0.13% |
| COFIROUTE 1,00 20-190531 | 600,000 | EUR | 599,070.00 | 506,625.00 | 0.05% |
| DEUTSCHE TELEKOM A.G 1,375 19-050734 | 10,000,000 | EUR | 10,070,620.00 | 8,236,900.00 | 0.83% |
| DEUTSCHE TELEKOM A.G 1,75 19-250331 | 2,000,000 | EUR | 2,008,900.00 | 1,843,040.00 | 0.19% |
| DE VOLKSBANK N.V. FRN 22-040527 | 5,700,000 | EUR | 5,690,538.00 | 5,469,777.00 | 0.55% |
| EDF S.A. FRN 18-PERPETUAL | 2,000,000 | EUR | 2,127,500.00 | 1,839,700.00 | 0.19% |
| EDP-ENERGIAS DE PORT FRN 21-020881 | 6,000,000 | EUR | 5,977,020.00 | 4,863,180.00 | 0.49% |
| EVONIK INDUSTRIES 2,25 22-250927 | 3,000,000 | EUR | 2,981,580.00 | 2,861,760.00 | 0.29% |
| FRESENIUS SE 1,875 22-240525 | 4,000,000 | EUR | 3,996,800.00 | 3,896,740.00 | 0.39% |
| GRAND CITY PROPERTIES FRN 20-PERPETUAL | 1,800,000 | EUR | 1,752,750.00 | 1,252,368.00 | 0.13% |
| GRAND CITY PROPERTIES S.A. 1,375 17-030826 | 1,500,000 | EUR | 1,395,000.00 | 1,332,150.00 | 0.13% |
| HSBC HLDG PLC FRN 21-240929 | 3,700,000 | EUR | 3,498,091.00 | 3,049,762.00 | 0.31% |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| INDONESIA 1,10 21-120333 | 16,000,000 | EUR | 15,862,200.00 | 11,430,560.00 | 1.15% |
| INDONESIA 2,625 16-140623 | 5,000,000 | EUR | 5,125,000.00 | 5,053,450.00 | 0.51% |
| ING GROUP N.V. FRN 22-230526 | 8,200,000 | EUR | 8,194,096.00 | 7,996,845.00 | 0.80% |
| ING VERZEKERING FRN 14-080444 | 2,000,000 | EUR | 2,065,000.00 | 1,996,240.00 | 0.20% |
| INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMENT 0,10 20-170935 | 7,000,000 | EUR | 7,062,736.00 | 5,246,430.00 | 0.53% |
| INTESA SAN PAOLO SpA FRN 19-040329 | 5,100,000 | EUR | 5,650,800.00 | 5,175,454.50 | 0.52% |
| ITALY BTP 0,00 21-151224 | 10,500,000 | EUR | 10,340,085.00 | 10,081,102.50 | 1.01% |
| ITALY BTP 0,45 21-150229 | 26,360,000 | EUR | 24,618,052.12 | 22,656,288.20 | 2.28% |
| ITALY BTP 0,60 21-010831 | 30,000,000 | EUR | 28,766,060.00 | 23,981,100.00 | 2.41% |
| ITALY BTP 0,85 19-150127 | 6,000,000 | EUR | 5,964,720.00 | 5,629,110.00 | 0.57% |
| ITALY BTP -INFLATION LINKED- 0,15 20-150551 | 9,000,000 | EUR | 8,426,259.77 | 6,888,729.19 | 0.69% |
| JP MORGAN CHASE & CO FRN 17-180528 | 2,000,000 | EUR | 2,000,000.00 | 1,866,730.00 | 0.19% |
| KBC GROUP 0,75 21-310531 | 1,200,000 | EUR | 1,195,176.00 | 946,104.00 | 0.10% |
| KONINKIJKE AHOLD DL 0,375 21-180330 | 2,300,000 | EUR | 2,291,490.00 | 1,854,030.00 | 0.19% |
| LINDE FINANCE B.V. 0,55 20-190532 | 3,000,000 | EUR | 2,983,020.00 | 2,375,520.00 | 0.24% |
| MERCEDES-BENZ 0,75 20-100930 | 2,000,000 | EUR | 1,983,760.00 | 1,676,120.00 | 0.17% |
| MERCEDES BENZ 1,125 19-080834 | 9,500,000 | EUR | 9,284,749.86 | 7,322,457.50 | 0.74% |
| MET LIFE GLOBAL FUNDING 1,75 22-250525 | 3,000,000 | EUR | 2,998,440.00 | 2,967,840.00 | 0.30% |
| MEXICAN 1,45 21-251033 | 18,000,000 | EUR | 13,320,000.00 | 12,332,070.00 | 1.24% |
| MEXICO 2,375 22-110230 | 4,600,000 | EUR | 4,529,325.00 | 3,907,953.00 | 0.39% |
| MEXICO BONOS 1,75 18-170428 | 15,000,000 | EUR | 14,370,000.00 | 13,007,550.00 | 1.31% |
| MEXICO BONOS 4,00 15-150315 | 13,500,000 | EUR | 14,184,183.07 | 9,565,695.00 | 0.96% |
| MICROSOFT CORP. 3,125 13-061228 | 1,900,000 | EUR | 2,075,276.90 | 2,001,317.50 | 0.20% |
| MONDELEZ INTL 0,375 20-220929 | 2,000,000 | EUR | 1,991,652.80 | 1,652,990.00 | 0.17% |
| MOODY'S CORP. 0,95 19-250230 | 2,000,000 | EUR | 1,996,245.60 | 1,729,440.00 | 0.17% |
| NATIONAL AUSTRALIA BANK 2,125 22-240528 | 3,000,000 | EUR | 2,986,320.00 | 2,900,580.00 | 0.29% |
| NESTLE FINANCE INTERNATIONAL 0,375 20-120532 | 3,000,000 | EUR | 2,944,710.00 | 2,426,055.00 | 0.24% |
| NN GROUP N.V. FRN 14-PERPETUAL | 2,000,000 | EUR | 2,262,500.00 | 1,933,200.00 | 0.19% |
| ORANGE 0,50 19-040932 | 700,000 | EUR | 695,100.00 | 550,340.00 | 0.06% |
| POLAND 2,75 22-250532 | 12,000,000 | EUR | 11,896,800.00 | 11,201,700.00 | 1.13% |
| PORTUGAL 0,475 20-181030 | 4,000,000 | EUR | 3,993,890.00 | 3,500,120.00 | 0.35% |
| PORTUGAL 4,10 06-150437 | 5,000,000 | EUR | 7,137,431.28 | 5,912,825.00 | 0.60% |
| RENTOKIL INITIAL 3,875 22-270627 | 700,000 | EUR | 697,102.00 | 713,461.00 | 0.07% |
| ROMANIA 2,00 20-280132 | 20,000,000 | EUR | 20,622,800.00 | 13,697,800.00 | 1.38% |
| ROMANIA 2,00 21-140433 | 4,500,000 | EUR | 4,420,475.00 | 2,929,027.50 | 0.29% |
| ROMANIA 2,375 17-190427 | 2,000,000 | EUR | 1,957,500.00 | 1,771,570.00 | 0.18% |
| ROMANIA 2,625 20-021240 | 7,922,000 | EUR | 7,931,116.39 | 4,629,418.75 | 0.47% |
| ROMANIA 3,624 20-260530 | 5,650,000 | EUR | 5,691,877.80 | 4,633,113.00 | 0.47% |
| ROMANIA 3,75 22-070234 | 1,500,000 | EUR | 1,495,860.00 | 1,128,307.50 | 0.11% |
| RWE A.G. 2,125 22-240526 | 6,000,000 | EUR | 5,979,120.00 | 5,836,260.00 | 0.59% |
| SANDVIK AB 2,125 22-070627 | 2,000,000 | EUR | 1,987,460.00 | 1,949,970.00 | 0.20% |
| SBAB BANK AB 1,875 22-101225 | 4,000,000 | EUR | 3,996,800.00 | 3,936,760.00 | 0.40% |
| SERBIA 1,50 19-260629 | 15,000,000 | EUR | 15,162,220.00 | 10,911,525.00 | 1.10% |
| SERBIA 1,65 21-030333 | 5,000,000 | EUR | 4,895,000.00 | 3,146,500.00 | 0.32% |
| SIEMENS FINANCE 1,75 19-280239 | 2,500,000 | EUR | 2,499,710.33 | 2,004,412.50 | 0.20% |
| SPAIN KINGDOM 1,20 20-311040 | 46,800,000 | EUR | 46,084,482.38 | 35,704,656.00 | 3.59% |
| SPAIN KINGDOM 1,40 18-300728 | 7,700,000 | EUR | 8,160,922.00 | 7,501,109.00 | 0.75% |
| SPAIN KINGDOM 2,90 16-311046 | 10,000,000 | EUR | 10,482,400.98 | 9,948,900.00 | 1.00% |
| SUEZ FRN 19-PERPETUAL | 2,000,000 | EUR | 2,017,000.00 | 1,678,620.00 | 0.17% |
| SWEDBANK AB 2,10 22-250527 | 2,300,000 | EUR | 2,295,584.00 | 2,237,440.00 | 0.23% |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| SWEDBANK AB FRN 18-180928 | 2,400,000 | EUR | 2,411,258.40 | 2,356,884.00 | 0.24% |
| TELEFONICA EUROPE FRN 18-PERPETUAL | 4,200,000 | EUR | 4,117,950.00 | 4,061,694.00 | 0.41% |
| TELEFONICA EUROPE FRN 18-PERPETUAL | 7,000,000 | EUR | 7,097,457.76 | 6,283,200.00 | 0.63% |
| TEMASEK FINANCIAL 1,50 16-010328 | 3,000,000 | EUR | 3,005,700.00 | 2,936,400.00 | 0.30% |
| TLG FINANCE SARL FRN 19-PERPETUAL | 2,000,000 | EUR | 2,083,800.00 | 1,494,030.00 | 0.15% |
| TOTALENERGIES FRN 22-PERPETUAL | 5,000,000 | EUR | 5,000,000.00 | 4,256,575.00 | 0.43% |
| TOTAL ENERGIES SE FRN 15-PERPETUAL | 3,500,000 | EUR | 3,668,600.00 | 3,271,712.50 | 0.33% |
| UBS GROUP A.G. 2,75 22-150627 | 7,500,000 | EUR | 7,496,100.00 | 7,367,962.50 | 0.74% |
| VGP N.V. 1,50 21-080429 | 2,200,000 | EUR | 2,189,484.00 | 1,472,229.00 | 0.15% |
| VINCI S.A. 1,75 18-260930 | 1,000,000 | EUR | 996,040.00 | 926,790.00 | 0.09% |
| VODAFONE GROUP FRN 20-270880 | 4,000,000 | EUR | 4,000,000.00 | 3,464,940.00 | 0.35% |
| VODAFONE GROUP PLC FRN 18-010379 | 10,000,000 | EUR | 10,340,000.00 | 9,568,400.00 | 0.96% |
| VOLKSWAGEN INTERNATIONAL FINANCE 3,125 22-280325 | 6,000,000 | EUR | 5,996,340.00 | 6,069,900.00 | 0.61% |
| VOLKSWAGEN INTERNATIONAL FINANCE FRN 13-PERPETUAL | 3,167,000 | EUR | 3,328,884.37 | 3,171,307.12 | 0.32% |
| VOLKSWAGEN INTERNATIONAL FINANCE FRN 17-PERPETUAL | 8,100,000 | EUR | 8,159,903.20 | 7,991,460.00 | 0.80% |
| VOLKSWAGEN INTERNATIONAL FINANCE FRN 20-PERPETUAL | 5,000,000 | EUR | 5,341,250.00 | 4,546,050.00 | 0.46% |
| Total EURO |  |  | 607,380,300.31 | 515,654,591.03 | 51.89% |
| ENEL FINANCE INTERNATIONAL 1,00 20-201027 | 2,200,000 | GBP | 2,432,277.34 | 2,229,736.29 | 0.22% |
| ENEL FINANCE INTERNATIONAL 5,75 09-140940 | 2,750,000 | GBP | 2,986,425.56 | 3,540,129.82 | 0.36% |
| Total BRITISH POUND |  |  | 5,418,702.90 | 5,769,866.11 | 0.58% |
| JAPAN -INFLATION LINKED- 0,10 19-100329 | 600,000,000 | JPY | 5,074,785.11 | 4,542,954.35 | 0.46% |
| JAPAN -INFLATION LINKED- 0,20 20-100330 | 5,000,000,00 0 | JPY | 40,629,984.43 | 38,609,750.80 | 3.89% |
| Total JAPANESE YEN |  |  | 45,704,769.54 | 43,152,705.15 | 4.34% |
| MEXICO 7,75 11-131142 | 700,000 | MXN | 3,153,836.68 | 2,907,425.54 | 0.29% |
| MEXICO BONOS 5,75 15-050326 | 4,450,000 | MXN | 17,570,453.39 | 18,765,517.77 | 1.89% |
| MEXICO BONOS 8,50 08-310529 | 1,150,000 | MXN | 5,334,950.86 | 5,299,015.07 | 0.53% |
| Total NEW MEXICAN PESO |  |  | 26,059,240.93 | 26,971,958.38 | 2.71% |
| NEW ZEALAND 1,75 20-150541 | 24,000,000 | NZD | 13,154,465.19 | 10,063,599.87 | 1.01% |
| NEW ZEALAND 3,00 18-200429 | 23,000,000 | NZD | 15,398,017.69 | 13,170,781.17 | 1.33% |
| NEW ZEALAND 4,50 14-150427 | 25,500,000 | NZD | 17,976,994.36 | 15,822,754.17 | 1.59% |
| Total NEW ZEALAND DOLLAR |  |  | 46,529,477.24 | 39,057,135.21 | 3.93% |
| APPLE INC. 1,65 21-080231 | 18,000,000 | USD | 14,431,835.21 | 14,474,207.28 | 1.46% |
| APPLE INC. 2,375 21-080241 | 4,000,000 | USD | 3,065,761.01 | 2,929,264.91 | 0.29% |
| ASIAN DEVELOPMENT BANK 0,75 20-081030 | 15,000,000 | USD | 12,489,974.83 | 11,805,155.67 | 1.19% |
| AT&T INC. 4,30 18-150230 | 4,026,000 | USD | 3,423,042.07 | 3,762,189.08 | 0.38% |
| BANK OF AMERICA FRN 17-240428 | 3,000,000 | USD | 2,396,534.59 | 2,738,811.03 | 0.28% |
| BANK OF AMERICA FRN 19-150350 | 5,500,000 | USD | 5,544,006.11 | 4,737,223.21 | 0.48% |
| BNP PARIBAS S.A. FRN 20-090626 | 5,000,000 | USD | 4,379,687.19 | 4,441,460.62 | 0.45% |
| CHILE 2,55 20-270132 | 4,000,000 | USD | 3,324,048.66 | 3,257,888.95 | 0.33% |
| CHILE 3,50 19-250120 | 2,000,000 | USD | 1,688,586.48 | 1,478,502.08 | 0.15% |
| CITIGROUP INC. FRN 22-240525 | 3,000,000 | USD | 2,847,515.54 | 2,860,968.96 | 0.29% |
| CLOVERIE PLC SWISS REI FRN14-110944 | 1,000,000 | USD | 932,561.34 | 929,064.04 | 0.09% |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| COMSAT CORP. 3,75 20-010440 | 3,000,000 | USD | 2,721,886.79 | 2,511,755.70 | 0.25% |
| EDF FRN 13-PERPETUAL | 5,300,000 | USD | 4,814,500.78 | 4,776,489.07 | 0.48% |
| ENEL FINANCE INTERNATIONAL 6,80 07-150937 | 3,250,000 | USD | 3,749,564.10 | 3,431,501.99 | 0.35% |
| EUROPEAN INVESTMENT BANK 0,75 20-230930 | 10,000,000 | USD | 8,312,130.41 | 7,931,130.14 | 0.80% |
| GOLDMAN SACHS GROUP 3,75 16-250226 | 5,000,000 | USD | 4,662,898.67 | 4,695,035.64 | 0.47% |
| GOLDMAN SACHS GROUP 6,25 11-010241 | 5,000,000 | USD | 3,739,744.51 | 5,299,607.82 | 0.53% |
| GRUPO TELEVISA 5,00 14-130545 | 6,000,000 | USD | 4,780,675.75 | 5,358,563.30 | 0.54% |
| INDONESIA 6,625 07-170237 | 2,060,000 | USD | 2,329,270.98 | 2,159,763.55 | 0.22% |
| INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMENT 0,875 20-140530 | 24,000,000 | USD | 21,022,214.64 | 19,277,363.81 | 1.94% |
| JP MORGAN CHASE & CO 5,60 11-150741 | 7,000,000 | USD | 6,332,891.33 | 7,027,653.17 | 0.71% |
| MAROCCO KINGDOM 3,00 20-151232 | 3,000,000 | USD | 2,481,109.09 | 1,983,150.80 | 0.20% |
| MEXICO 4,28 21-140841 | 2,300,000 | USD | 1,941,527.16 | 1,748,006.60 | 0.18% |
| MEXICO BONOS 4,50 19-220429 | 17,700,000 | USD | 16,964,626.87 | 16,504,960.07 | 1.66% |
| MICROSOFT CORP. 2,525 20-010650 | 17,000,000 | USD | 14,182,434.88 | 11,977,889.91 | 1.21% |
| MICROSOFT CORP. 3,50 15-120235 | 10,000,000 | USD | 10,158,376.06 | 9,194,270.41 | 0.93% |
| SERBIA 2,125 20-011230 | 3,000,000 | USD | 2,339,030.03 | 2,113,817.02 | 0.21% |
| SOCIETE GENERALE FRN 22-210126 | 3,000,000 | USD | 2,676,183.24 | 2,680,185.57 | 0.27% |
| SUMITOMO MITSUI 4,306 18-161028 | 2,500,000 | USD | 2,167,786.69 | 2,348,534.13 | 0.24% |
| US TREASURY 0,50 21-280226 | 15,000,000 | USD | 12,462,671.41 | 13,080,678.51 | 1.32% |
| US TREASURY 0,625 20-150830 | 24,000,000 | USD | 19,198,083.25 | 19,023,506.74 | 1.91% |
| US TREASURY 1,25 21-300428 | 8,000,000 | USD | 6,536,263.43 | 6,901,633.25 | 0.69% |
| US TREASURY 1,625 16-150526 | 6,500,000 | USD | 5,839,557.01 | 5,894,404.05 | 0.59% |
| US TREASURY 1,875 21-150251 | 3,000,000 | USD | 2,490,401.71 | 2,144,560.96 | 0.22% |
| US TREASURY 2,00 15-150825 | 8,500,000 | USD | 7,762,853.11 | 7,881,156.91 | 0.79% |
| US TREASURY 2,25 15-151125 | 38,000,000 | USD | 34,765,500.32 | 35,416,567.03 | 3.56% |
| US TREASURY 2,375 14-150824 | 10,000,000 | USD | 8,917,560.92 | 9,443,825.05 | 0.95% |
| VERIZON COMMUNICATIONS INC. 4,016 19-031229 | 5,000,000 | USD | 4,739,433.72 | 4,630,398.39 | 0.47% |
| Total U.S. DOLLAR |  |  | 272,612,729.89 | 268,851,145.42 | 27.06% |
| SOUTH AFRICA 8,5 13-310137 | 400,000,000 | ZAR | 20,820,011.18 | 18,487,830.65 | 1.86% |
| Total SOUTH AFRICAN RAND |  |  | 20,820,011.18 | 18,487,830.65 | 1.86% |
| Total Bonds |  |  | 1,087,564,582.68 | 973,653,598.60 | 97.98% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 1,087,564,582.68 | 973,653,598.60 | 97.98% |
| Total Portfolio |  |  | 1,087,564,582.68 | 973,653,598.60 | 97.98% |

|  |
| --- |
| DPAM L BONDS HIGHER YIELD |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Bonds |  |  |  |  |  |
| BRAZIL 10,00 16-010127 | 28,000 | BRL | 4,507,888.71 | 4,647,677.86 | 5.10% |
| Total BRAZILIAN REAL |  |  | 4,507,888.71 | 4,647,677.86 | 5.10% |
| ACCOR 2,375 21-291128 | 700,000 | EUR | 694,442.00 | 557,539.50 | 0.61% |
| ACCOR CV 0,70 20-071227 | 9,591 | EUR | 461,518.92 | 394,727.20 | 0.43% |
| AKELIUS RESIDENTIAL PROPERTY FRN 20-170581 | 1,285,000 | EUR | 1,285,000.00 | 1,010,138.50 | 1.11% |
| ALTICE FRANCE S.A. 3,375 19-150128 | 2,000,000 | EUR | 2,000,000.00 | 1,503,000.00 | 1.65% |
| AVANTOR FUNDING 3,875 20-150728 | 500,000 | EUR | 500,000.00 | 435,882.50 | 0.48% |
| BANCO SABADELL FRN 21-PERPETUAL | 1,000,000 | EUR | 1,000,000.00 | 735,695.00 | 0.81% |
| BLITZ -F- 6,00 18-300726 | 1,000,000 | EUR | 871,743.02 | 746,430.20 | 0.82% |
| BRUNELLO BIDCO FRN 21-150228 | 800,000 | EUR | 800,000.00 | 722,544.00 | 0.79% |
| CAB SELAS 3,375 21-010228 | 1,000,000 | EUR | 1,004,900.00 | 807,195.00 | 0.89% |
| CAIXABANK S.A. FRN 18-PERPETUAL | 600,000 | EUR | 571,500.00 | 511,335.00 | 0.56% |
| CASINO GUICHARD-PERRACHON 4,498 14-070324 | 1,000,000 | EUR | 958,812.50 | 808,530.00 | 0.89% |
| CHEPLAPHARMACEUTICAL 3,50 20-110227 | 1,000,000 | EUR | 1,012,500.00 | 855,630.00 | 0.94% |
| CONSTELLIUM 4,25 17-150226 | 1,000,000 | EUR | 1,004,250.00 | 908,050.00 | 1.00% |
| CROWN EUROPEAN HLDG 0,75 19-150223 | 2,000,000 | EUR | 1,992,697.66 | 1,958,510.00 | 2.15% |
| ELIS S.A. 1,00 19-030425 | 1,500,000 | EUR | 1,446,150.00 | 1,362,600.00 | 1.49% |
| FAURECIA 2,375 19-150627 | 1,000,000 | EUR | 1,000,000.00 | 750,765.00 | 0.82% |
| FNAC DARTY CONVERTIBLE 0,25 21-230327 | 12,500 | EUR | 1,012,875.00 | 894,237.50 | 0.98% |
| FORTIS BANK FRN 07-PERPETUAL CONV | 2,000,000 | EUR | 1,721,375.00 | 1,655,530.00 | 1.82% |
| GOLDSTORY SAS 5,375 21-010326 | 1,000,000 | EUR | 1,016,200.00 | 848,610.00 | 0.93% |
| GRUENENTHAL GMBH 3,625 21-151126 | 1,300,000 | EUR | 1,345,500.00 | 1,179,386.00 | 1.29% |
| HJ HEINZ CO 2,00 15-300623 | 1,000,000 | EUR | 1,010,550.00 | 1,001,740.00 | 1.10% |
| INEOS FINANCE 3,375 20-310326 | 1,500,000 | EUR | 1,500,000.00 | 1,351,770.00 | 1.48% |
| INTERTRUST GROUP B.V. 3,375 18-151125 | 1,000,000 | EUR | 1,000,000.00 | 951,630.00 | 1.04% |
| INTESA SAN PAOLO SpA FRN 17-PERPETUAL | 1,000,000 | EUR | 1,200,500.00 | 951,640.00 | 1.04% |
| IQVIA INC. 2,25 19-150128 | 1,300,000 | EUR | 1,319,831.50 | 1,080,898.00 | 1.19% |
| KAPLA HLDG SAS 3,375 19-151226 | 1,000,000 | EUR | 996,250.00 | 789,830.00 | 0.87% |
| LINCOLN FINANCING 3,625 19-010424 | 1,000,000 | EUR | 1,000,000.00 | 969,625.00 | 1.06% |
| LOXAM SAS 3,75 19-150726 | 1,000,000 | EUR | 1,000,000.00 | 860,130.00 | 0.94% |
| LOXAM SAS 5,75 19-150727 | 1,500,000 | EUR | 1,446,120.00 | 1,184,422.50 | 1.30% |
| NOBIAN FINANCE 3,625 21-150726 | 1,000,000 | EUR | 918,800.00 | 775,545.00 | 0.85% |
| OI EUROPEAN GROUP 2,875 19-150225 | 1,000,000 | EUR | 1,000,000.00 | 909,720.00 | 1.00% |
| ORANO S.A. 2,75 20-080328 | 1,000,000 | EUR | 991,640.00 | 848,305.00 | 0.93% |
| PAPREC HLDG 3,50 21-010728 | 1,500,000 | EUR | 1,500,000.00 | 1,177,395.00 | 1.29% |
| PARTS EUROPE S.A. FRN 21-200727 | 1,700,000 | EUR | 1,700,000.00 | 1,597,872.50 | 1.75% |
| PEACH PROPERTY FINANCE 4,375 20-151125 | 1,900,000 | EUR | 1,900,000.00 | 1,510,500.00 | 1.66% |
| POLAND 2,75 22-250532 | 1,000,000 | EUR | 938,840.00 | 933,475.00 | 1.02% |
| SES S.A. FRN 21-PERPETUAL | 1,500,000 | EUR | 1,491,135.00 | 1,260,075.00 | 1.38% |
| SHUNSHINE MID B.V. 6,50 18-150526 | 1,500,000 | EUR | 1,522,356.30 | 1,500,300.00 | 1.65% |
| SIG COMBIBLOC 1,875 20-180623 | 1,000,000 | EUR | 1,007,000.00 | 987,685.00 | 1.08% |
| TELENET FINANCE LUX NOTE 3,50 17-010328 | 1,900,000 | EUR | 1,893,868.12 | 1,618,781.00 | 1.78% |
| TEOLLISUUDEN VOIMA 2,625 22-310327 | 1,500,000 | EUR | 1,492,665.00 | 1,393,282.50 | 1.53% |
| TEREOS FINANCE 4,75 22-300427 | 1,000,000 | EUR | 1,000,000.00 | 855,940.00 | 0.94% |
| TEREOS FINANCE 7,50 20-301025 | 100,000 | EUR | 97,962.00 | 98,449.00 | 0.11% |

|  |
| --- |
| DPAM L BONDS HIGHER YIELD |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| UNICREDIT FRN 21-PERPETUAL | 500,000 | EUR | 500,000.00 | 381,510.00 | 0.42% |
| UPC HLDG B.V. 3,875 17-150629 | 1,000,000 | EUR | 1,037,000.00 | 807,260.00 | 0.89% |
| VEOLIA ENVIRONNEMENT FRN 21-PERPETUAL | 1,000,000 | EUR | 1,000,000.00 | 777,270.00 | 0.85% |
| VIRGIN MEDIA 3,75 20-150730 | 500,000 | EUR | 500,000.00 | 373,970.00 | 0.41% |
| VMED O2 UK FINANCING 3,25 20-310131 | 1,000,000 | EUR | 1,000,000.00 | 774,015.00 | 0.85% |
| VOLVO CAR AB 2,50 20-071027 | 2,500,000 | EUR | 2,521,625.00 | 2,177,225.00 | 2.39% |
| VZ VENDOR FINANCE 2,875 20-150129 | 1,500,000 | EUR | 1,500,000.00 | 1,117,027.50 | 1.23% |
| Total EURO |  |  | 57,685,607.02 | 49,663,623.40 | 54.47% |
| VIRGIN MEDIA SEC FINANCE 4,25 19-150130 | 1,200,000 | GBP | 1,403,954.77 | 1,126,805.30 | 1.24% |
| Total BRITISH POUND |  |  | 1,403,954.77 | 1,126,805.30 | 1.24% |
| INDONESIA 8,25 15-150536 | 24,000,000,0 00 | IDR | 1,564,867.41 | 1,628,498.55 | 1.79% |
| Total INDONESIAN RUPIAH |  |  | 1,564,867.41 | 1,628,498.55 | 1.79% |
| MEXICO BONOS 8,00 17-071147 | 900,000 | MXN | 3,918,397.25 | 3,809,844.61 | 4.18% |
| Total NEW MEXICAN PESO |  |  | 3,918,397.25 | 3,809,844.61 | 4.18% |
| POLAND 1,75 21-250432 | 9,000,000 | PLN | 1,237,304.01 | 1,228,432.08 | 1.35% |
| Total POLISH ZLOTY |  |  | 1,237,304.01 | 1,228,432.08 | 1.35% |
| ARAMARK SERVICES 5,00 18-010228 | 1,000,000 | USD | 818,703.01 | 875,015.54 | 0.96% |
| CHILE 3,50 19-250120 | 1,000,000 | USD | 738,451.37 | 739,251.04 | 0.81% |
| COSAN OVERSEAS 8,25 10-PERPETUAL | 2,000,000 | USD | 1,443,943.17 | 1,911,875.27 | 2.10% |
| CSC HLDG LLC 6,50 19-010229 | 2,000,000 | USD | 1,969,611.54 | 1,714,285.72 | 1.88% |
| DARLING INGREDIENTS 5,25 19-150427 | 1,000,000 | USD | 902,958.54 | 928,308.39 | 1.02% |
| FORD MOTOR CO 4,75 13-150143 | 2,000,000 | USD | 1,851,148.38 | 1,369,467.70 | 1.50% |
| HSBC HLDG PLC FRN 14-170949 | 1,000,000 | USD | 880,052.15 | 918,111.82 | 1.01% |
| INDONESIA 1,85 21-120331 | 1,750,000 | USD | 1,408,516.10 | 1,359,959.82 | 1.49% |
| IRON MOUNTAIN 5,25 17-150328 | 1,000,000 | USD | 952,229.45 | 859,625.04 | 0.94% |
| MEXICAN 5,75 10-121010 | 2,000,000 | USD | 2,040,715.97 | 1,605,949.59 | 1.76% |
| MILLICOM INTERNATIONAL CELL 5,125 17-150128 | 750,000 | USD | 564,688.17 | 551,395.81 | 0.60% |
| MILLICOM INTERNATIONAL CELL 6,25 19-250329 | 1,000,000 | USD | 795,791.14 | 751,120.57 | 0.82% |
| NOKIA OYJ 6,625 09-150539 | 2,000,000 | USD | 2,390,736.76 | 1,892,429.10 | 2.08% |
| TELENET FINANCE 5,50 17-010328 | 800,000 | USD | 731,524.37 | 669,920.13 | 0.73% |
| TRIVIUM PACKAGING 8,50 19-150827 | 1,000,000 | USD | 927,027.27 | 899,904.35 | 0.99% |
| UBS GROUP FRN 20-PERPETUAL | 500,000 | USD | 431,294.74 | 430,329.04 | 0.47% |
| UBS GROUP FUNDING FRN 19-PERPETUAL | 500,000 | USD | 437,234.92 | 467,659.86 | 0.51% |
| Total U.S. DOLLAR |  |  | 19,284,627.05 | 17,944,608.79 | 19.68% |
| SOUTH AFRICA 8,75 14-310144 | 80,000,000 | ZAR | 3,960,453.24 | 3,628,459.07 | 3.98% |
| Total SOUTH AFRICAN RAND |  |  | 3,960,453.24 | 3,628,459.07 | 3.98% |
| Total Bonds |  |  | 93,563,099.46 | 83,677,949.66 | 91.78% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 93,563,099.46 | 83,677,949.66 | 91.78% |

|  |
| --- |
| DPAM L BONDS HIGHER YIELD |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Other Transferable Securities |  |  |  |  |  |
| CIE FONCIERE FID 0,10 94-311222 | 492,680 | EUR | 0.01 | 0.00 | 0.00% |
| CIE FONCIERE FID STEP UP 93-311222 | 460,508 | EUR | 0.01 | 0.00 | 0.00% |
| UNICREDIT-MITSUBISHI FRN 09-151250 | 2,000,000 | EUR | 1,383,000.00 | 689,740.00 | 0.76% |
| Total EURO |  |  | 1,383,000.02 | 689,740.00 | 0.76% |
| Total Other Transferable Securities |  |  | 1,383,000.02 | 689,740.00 | 0.76% |
| Total Portfolio |  |  | 94,946,099.48 | 84,367,689.66 | 92.54% |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Bonds |  |  |  |  |  |
| AUSTRALIA 1,00 20-211131 | 11,500,000 | AUD | 6,671,517.71 | 6,034,219.09 | 0.59% |
| AUSTRALIA 2,75 15-211127 | 3,000,000 | AUD | 2,017,233.76 | 1,924,155.62 | 0.19% |
| AUSTRALIA 3,00 16-210347 | 9,000,000 | AUD | 6,712,027.02 | 5,168,184.96 | 0.50% |
| AUSTRALIA 3,25 13-210425 | 18,000,000 | AUD | 12,173,335.68 | 11,932,555.00 | 1.16% |
| AUSTRALIA GOVT 2,75 18-210541 | 4,000,000 | AUD | 2,896,010.00 | 2,267,188.47 | 0.22% |
| AUSTRALIA -INFLATION LINKED- 2,50 10-200930 | 1,500,000 | AUD | 1,386,981.34 | 1,386,322.23 | 0.14% |
| AUSTRALIAN GOVT 2,25 17-211122 | 16,300,000 | AUD | 11,202,505.78 | 10,737,082.91 | 1.05% |
| AUSTRALIAN -INFLATION LINKED- 0,25 21-211132 | 8,500,000 | AUD | 5,010,502.69 | 5,164,741.68 | 0.50% |
| Total AUSTRALIAN DOLLAR |  |  | 48,070,113.98 | 44,614,449.96 | 4.35% |
| CANADA 0,25 21-010523 | 13,200,000 | CAD | 9,475,907.80 | 9,570,991.06 | 0.93% |
| CANADA 1,00 16-010627 | 46,000,000 | CAD | 30,465,837.38 | 30,904,134.07 | 3.01% |
| CANADA 1,75 21-011253 | 3,500,000 | CAD | 1,862,775.61 | 1,881,248.37 | 0.18% |
| CANADA 2,25 22-011229 | 11,000,000 | CAD | 7,861,739.61 | 7,684,338.73 | 0.75% |
| CANADA 3,50 11-011245 | 10,500,000 | CAD | 9,601,275.70 | 8,171,554.63 | 0.80% |
| CANADA -INFLATION LINKED- 4,00 99-011231 | 1,500,000 | CAD | 2,237,934.49 | 2,297,894.63 | 0.22% |
| CANADIAN GOVT 1,25 19-010630 | 28,700,000 | CAD | 19,275,227.27 | 18,401,370.36 | 1.79% |
| Total CANADIAN DOLLAR |  |  | 80,780,697.86 | 78,911,531.85 | 7.69% |
| SWISS CONFEDERATION 0,50 15-270530 | 17,000,000 | CHF | 17,341,851.61 | 16,570,541.52 | 1.61% |
| SWITZERLAND 0,50 18-270632 | 35,000,000 | CHF | 33,925,513.54 | 33,260,665.40 | 3.24% |
| SWITZERLAND 1,50 13-240725 | 18,500,000 | CHF | 19,168,030.37 | 19,200,242.28 | 1.87% |
| SWITZERLAND 3,25 07-270627 | 12,000,000 | CHF | 13,656,933.95 | 13,597,322.41 | 1.33% |
| Total SWISS FRANC |  |  | 84,092,329.47 | 82,628,771.61 | 8.05% |
| DENMARK 0,00 20-151131 | 50,000,000 | DKK | 5,722,532.87 | 5,732,386.22 | 0.56% |
| DENMARK KINGDOM 0,50 18-151129 | 315,000,000 | DKK | 44,395,391.64 | 39,240,249.30 | 3.82% |
| DENMARK KINGDOM 1,50 11-151123 | 60,000,000 | DKK | 8,759,638.43 | 8,174,890.58 | 0.80% |
| Total DANISH KRONE |  |  | 58,877,562.94 | 53,147,526.10 | 5.18% |
| AUSTRIA 0,75 18-200228 | 33,500,000 | EUR | 35,067,970.00 | 32,284,285.00 | 3.15% |
| AUSTRIA 1,85 22-230549 | 6,300,000 | EUR | 6,265,602.00 | 5,804,316.00 | 0.57% |
| AUSTRIA 2,10 17-200917 | 1,000,000 | EUR | 1,188,132.00 | 865,315.00 | 0.08% |
| AUSTRIA 2,40 13-230534 | 3,000,000 | EUR | 4,019,894.45 | 3,132,000.00 | 0.31% |
| BELGIUM KINGDOM OLO 1,25 18-220433 | 13,000,000 | EUR | 14,434,410.00 | 12,113,985.00 | 1.18% |
| BELGIUM KINGDOM OLO 88 1,7 19-22062050 | 8,500,000 | EUR | 9,960,188.00 | 6,995,287.50 | 0.68% |
| BELGIUM OLO 0,20 16-221023 | 20,000,000 | EUR | 20,314,248.11 | 19,923,100.00 | 1.94% |
| BELGIUM OLO 87 0,90 19-220629 | 14,500,000 | EUR | 15,963,551.63 | 13,865,262.50 | 1.35% |
| BUNDESREPUB DEUTSCH 0,00 22-150232 | 16,500,000 | EUR | 15,612,086.14 | 14,526,022.50 | 1.42% |
| EIB 0,875 15-130924 | 1,000,000 | EUR | 1,006,200.00 | 995,310.00 | 0.10% |
| EUROPEAN 0,20 18-150724 | 1,500,000 | EUR | 1,489,050.00 | 1,473,990.00 | 0.14% |
| EUROPEAN FINANCIAL STABILITY FACILITY 0,375 17-111024 | 1,500,000 | EUR | 1,492,200.00 | 1,474,957.50 | 0.14% |
| EUROPEAN INVESTMENT BANK 2,125 14-150124 | 15,000,000 | EUR | 15,451,000.00 | 15,283,050.00 | 1.49% |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| EUROPEAN INVESTMENT BANK 4,125 07-150424 | 2,000,000 | EUR | 2,135,661.00 | 2,110,940.00 | 0.21% |
| EUROPEAN STABILITY 0,00 20-161224 | 6,000,000 | EUR | 5,889,600.00 | 5,836,110.00 | 0.57% |
| EUROPEAN STABILITY MECHANISM 2,125 13-201123 | 2,096,000 | EUR | 2,163,554.08 | 2,133,738.48 | 0.21% |
| EUROP STABIL MECHA 0,125 16-220424 | 1,000,000 | EUR | 992,650.00 | 985,090.00 | 0.10% |
| EURO STABILITY MECHANISM 0,10 18-310723 | 1,000,000 | EUR | 1,001,795.00 | 994,430.00 | 0.10% |
| EXPORT DEVELOPMENT 0,00 20-270125 | 4,600,000 | EUR | 4,652,808.00 | 4,444,221.00 | 0.43% |
| FINLAND 1,125 18-150434 | 6,000,000 | EUR | 6,767,708.69 | 5,459,070.00 | 0.53% |
| FINLAND 2,75 12-040728 | 22,000,000 | EUR | 26,787,264.09 | 23,728,430.00 | 2.31% |
| FRANCE -INFLATION LINKED- 0,10 21-250738 | 10,300,000 | EUR | 11,942,704.87 | 11,051,898.87 | 1.08% |
| FRANCE OAT 0,00 21-250227 | 13,000,000 | EUR | 12,456,400.00 | 12,242,035.00 | 1.19% |
| FRANCE OAT 1,25 17-250534 | 7,000,000 | EUR | 8,042,783.86 | 6,389,670.00 | 0.62% |
| FRANCE OAT 1,50 18-250550 | 4,000,000 | EUR | 5,020,055.00 | 3,250,720.00 | 0.32% |
| FRANCE OAT 1,75 17-250639 | 19,500,000 | EUR | 22,557,141.00 | 18,242,250.00 | 1.78% |
| FRANCE OAT -INFLATION LINKED- 0,10 19-010329 | 6,000,000 | EUR | 6,828,038.68 | 6,992,947.53 | 0.68% |
| FRANCE TREASURY 0,00 21-250532 | 11,000,000 | EUR | 9,487,380.00 | 9,119,330.00 | 0.89% |
| GERMANY 0,00 18-140423 | 13,000,000 | EUR | 12,983,620.00 | 12,972,375.00 | 1.26% |
| GERMANY 0,00 21-150831 | 6,000,000 | EUR | 5,530,020.00 | 5,348,850.00 | 0.52% |
| IRELAND 1,35 18-180331 | 32,000,000 | EUR | 35,780,624.24 | 30,958,240.00 | 3.02% |
| IRISH TREASURY 1,00 16-150526 | 17,000,000 | EUR | 17,895,190.29 | 16,929,110.00 | 1.65% |
| IRISH TREASURY 1,50 19-150550 | 11,500,000 | EUR | 12,110,430.00 | 9,259,167.50 | 0.90% |
| KFW 0,00 20-151227 | 17,000,000 | EUR | 16,239,390.00 | 15,621,725.00 | 1.52% |
| KFW 0,125 22-090132 | 22,000,000 | EUR | 20,138,424.00 | 18,519,930.00 | 1.80% |
| KFW 0,625 17-220227 | 18,000,000 | EUR | 18,832,063.78 | 17,318,430.00 | 1.69% |
| KFW 1,25 16-040736 | 11,500,000 | EUR | 12,765,725.49 | 10,057,727.50 | 0.98% |
| KFW 1,375 22-070632 | 3,000,000 | EUR | 2,984,540.00 | 2,835,330.00 | 0.28% |
| KFW 2,00 22-151129 | 750,000 | EUR | 743,805.00 | 760,871.25 | 0.07% |
| LUXEMBOURG 0,625 17-010227 | 700,000 | EUR | 697,640.00 | 671,030.50 | 0.07% |
| NETHERLANDS GOVT 0,50 19-150140 | 11,750,000 | EUR | 12,837,605.48 | 9,239,318.75 | 0.90% |
| REPUBLIKA SLOVENIJA 1,25 17-220327 | 30,000,000 | EUR | 32,318,676.14 | 29,856,300.00 | 2.91% |
| REPUBLIKA SLOVENIJA 1,50 15-250335 | 18,500,000 | EUR | 19,723,234.50 | 16,340,772.50 | 1.59% |
| SLOVENIA 0,00 21-120231 | 3,000,000 | EUR | 2,997,360.00 | 2,472,405.00 | 0.24% |
| SLOVENIA 0,125 21-010731 | 10,000,000 | EUR | 10,206,280.00 | 8,301,350.00 | 0.81% |
| Total EURO |  |  | 503,774,705.52 | 449,180,694.88 | 43.78% |
| KFW 1,25 22-310726 | 9,000,000 | GBP | 10,715,121.78 | 10,006,174.49 | 0.98% |
| UK TREASURY 1,25 17-220727 | 11,000,000 | GBP | 13,259,492.49 | 12,386,820.40 | 1.21% |
| UK TREASURY 1,75 12-070922 | 3,000,000 | GBP | 3,511,624.37 | 3,488,545.54 | 0.34% |
| UK TREASURY 3,50 14-220145 | 11,000,000 | GBP | 18,401,329.16 | 14,664,323.89 | 1.43% |
| UK TREASURY -INFLATION LINKED- 0,125 15-220346 | 2,200,000 | GBP | 4,232,942.31 | 4,109,986.48 | 0.40% |
| UK TREASURY -INFLATION LINKED- 0,125 18-100828 | 5,500,000 | GBP | 8,471,673.09 | 7,116,136.15 | 0.69% |
| UNITED KINGDOM GILT 0,875 21-310733 | 5,500,000 | GBP | 6,414,614.67 | 5,479,617.80 | 0.53% |
| Total BRITISH POUND |  |  | 65,006,797.87 | 57,251,604.75 | 5.58% |
| JAPAN 0,10 19-200929 | 300,000,000 | JPY | 2,542,913.83 | 2,103,194.65 | 0.20% |
| JAPAN GOVT 0,70 21-200951 | 100,000,000 | JPY | 776,300.11 | 618,497.62 | 0.06% |
| JAPAN -INFLATION LINKED- 0,20 20-100330 | 1,500,000,000 | JPY | 12,023,902.55 | 11,582,925.24 | 1.13% |
| JAPAN TREASURY 0,005 21-201226 | 509,000,000 | JPY | 3,857,148.22 | 3,586,625.75 | 0.35% |
| JAPAN TREASURY 0,10 17-200927 | 1,130,000,000 | JPY | 9,394,100.67 | 7,983,374.59 | 0.78% |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| JAPAN TREASURY 0,10 21-200631 | 500,000,000 | JPY | 3,880,527.86 | 3,476,527.61 | 0.34% |
| Total JAPANESE YEN |  |  | 32,474,893.24 | 29,351,145.46 | 2.86% |
| NORWAY 1,75 15-130325 | 3,200,000 | NOK | 320,395.35 | 300,373.23 | 0.03% |
| NORWAY 2,00 18-260428 | 200,000,000 | NOK | 20,380,437.21 | 18,341,619.27 | 1.79% |
| Total NORWEGIAN KRONE |  |  | 20,700,832.56 | 18,641,992.50 | 1.82% |
| NEW ZEALAND 1,50 19-150531 | 18,000,000 | NZD | 10,670,008.51 | 8,954,985.28 | 0.87% |
| NEW ZEALAND 1,75 20-150541 | 22,000,000 | NZD | 10,561,372.69 | 9,224,966.55 | 0.90% |
| NEW ZEALAND 2,75 16-150437 | 3,000,000 | NZD | 1,972,567.87 | 1,555,300.48 | 0.15% |
| NEW ZEALAND 4,50 14-150427 | 64,000,000 | NZD | 43,974,422.50 | 39,712,010.46 | 3.87% |
| NEW ZEALAND 5,50 11-150423 | 21,300,000 | NZD | 14,487,876.84 | 12,891,221.86 | 1.26% |
| NEW ZEALAND GOVT 2,00 21-150532 | 22,500,000 | NZD | 12,786,681.13 | 11,497,085.85 | 1.12% |
| Total NEW ZEALAND DOLLAR |  |  | 94,452,929.54 | 83,835,570.48 | 8.17% |
| SWEDEN 0,125 19-120531 | 100,000,000 | SEK | 9,107,659.29 | 8,151,150.69 | 0.79% |
| SWEDEN 1,00 14-121126 | 196,500,000 | SEK | 19,175,144.25 | 17,741,337.28 | 1.73% |
| SWEDEN 3,50 09-300339 | 81,000,000 | SEK | 10,771,488.06 | 9,506,044.44 | 0.93% |
| SWEDEN -INFLATION LINKED- 0,125 17-011227 | 35,000,000 | SEK | 4,120,913.72 | 4,004,345.12 | 0.39% |
| Total SWEDISH KRONA |  |  | 43,175,205.32 | 39,402,877.53 | 3.84% |
| CANADA 2,875 22-280425 | 10,500,000 | USD | 9,820,733.32 | 9,986,424.51 | 0.97% |
| EIB 0,375 21-240724 | 8,500,000 | USD | 7,433,449.29 | 7,705,287.20 | 0.75% |
| EUROPEAN INVESTMENT 0,375 21-260326 | 32,500,000 | USD | 27,185,980.00 | 28,071,488.35 | 2.74% |
| EUROPEAN INVESTMENT BANK 1,75 22-150329 | 12,000,000 | USD | 10,509,926.10 | 10,494,849.11 | 1.02% |
| Total U.S. DOLLAR |  |  | 54,950,088.71 | 56,258,049.17 | 5.48% |
| Total Bonds |  |  | 1,086,356,157.01 | 993,224,214.29 | 96.80% |
| Money market instruments |  |  |  |  |  |
| FRENCH TREASURY BILLS 0,00 21-301122 | 12,000,000 | EUR | 12,040,284.29 | 12,010,140.00 | 1.17% |
| GERMAN TREASURY BILLS 0,00 21-231122 | 18,000,000 | EUR | 18,027,522.00 | 18,011,340.00 | 1.76% |
| GERMANY 0,00 21-22 | 10,000,000 | EUR | 10,005,477.10 | 10,004,950.00 | 0.98% |
| Total EURO |  |  | 40,073,283.39 | 40,026,430.00 | 3.90% |
| JAPAN TREASURY BILLS 0,00 22-161222 | 2,660,000,000 | JPY | 18,492,128.12 | 18,737,716.95 | 1.83% |
| Total JAPANESE YEN |  |  | 18,492,128.12 | 18,737,716.95 | 1.83% |
| Total Money market instruments |  |  | 58,565,411.51 | 58,764,146.95 | 5.73% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 1,144,921,568.52 | 1,051,988,361.24 | 102.53 % |
| Total Portfolio |  |  | 1,144,921,568.52 | 1,051,988,361.24 | 102.53 % |

|  |
| --- |
| DPAM L EQUITIES CONVICTION RESEARCH |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Shares & Related Securities |  |  |  |  |  |
| LONZA GROUP A.G. -REG- | 16,750 | CHF | 5,015,382.28 | 8,518,083.72 | 3.15% |
| NESTLE -REG- | 90,000 | CHF | 7,961,001.33 | 10,020,581.48 | 3.71% |
| NOVARTIS -REG- | 105,000 | CHF | 7,734,249.24 | 8,481,616.55 | 3.14% |
| Total SWISS FRANC |  |  | 20,710,632.85 | 27,020,281.75 | 10.00% |
| DSV A/S | 43,000 | DKK | 4,280,818.59 | 5,731,290.30 | 2.12% |
| Total DANISH KRONE |  |  | 4,280,818.59 | 5,731,290.30 | 2.12% |
| AIR LIQUIDE | 60,500 | EUR | 5,909,626.03 | 7,751,260.00 | 2.87% |
| ALD S.A. | 600,000 | EUR | 7,046,657.33 | 6,672,000.00 | 2.47% |
| AMADEUS IT GROUP S.A. | 117,500 | EUR | 7,660,537.99 | 6,246,300.00 | 2.31% |
| AMUNDI S.A. | 132,500 | EUR | 7,619,903.20 | 6,916,500.00 | 2.56% |
| ASM INTERNATIONAL | 23,750 | EUR | 7,802,274.14 | 5,666,750.00 | 2.10% |
| BEIERSDORF A.G. | 120,000 | EUR | 11,709,241.53 | 11,697,600.00 | 4.33% |
| CELLNEX TELECOM S.A. | 180,000 | EUR | 7,577,085.33 | 6,665,400.00 | 2.47% |
| FERRARI N.V. | 39,750 | EUR | 5,780,333.88 | 6,964,200.00 | 2.58% |
| GRIFOLS S.A. | 487,500 | EUR | 12,452,743.58 | 8,792,062.50 | 3.25% |
| IBERDROLA S.A. | 1,042,083 | EUR | 9,952,392.24 | 10,312,453.37 | 3.82% |
| INTERPUMP GROUP SpA | 147,500 | EUR | 4,061,554.15 | 5,366,050.00 | 1.99% |
| KBC GROUP S.A. | 138,750 | EUR | 9,517,804.29 | 7,428,675.00 | 2.75% |
| KERRY GROUP PLC | 98,750 | EUR | 10,463,451.53 | 9,019,825.00 | 3.34% |
| SAP SE | 65,500 | EUR | 6,599,532.44 | 5,693,915.00 | 2.11% |
| SCHNEIDER ELECTRIC SE | 57,500 | EUR | 4,830,278.55 | 6,491,750.00 | 2.40% |
| SODEXO | 131,000 | EUR | 10,590,875.30 | 8,784,860.00 | 3.25% |
| STELLANTIS N.V. | 437,500 | EUR | 6,714,870.12 | 5,159,000.00 | 1.91% |
| TELEPERFORMANCE | 23,500 | EUR | 4,095,968.10 | 6,892,550.00 | 2.55% |
| TOTALENERGIES SE | 242,500 | EUR | 12,216,659.35 | 12,214,725.00 | 4.52% |
| UCB | 77,500 | EUR | 7,603,821.22 | 6,249,600.00 | 2.31% |
| WORLDLINE S.A. | 166,750 | EUR | 8,064,423.22 | 5,899,615.00 | 2.18% |
| Total EURO |  |  | 168,270,033.52 | 156,885,090.87 | 58.06% |
| ASTRAZENECA PLC | 100,000 | GBP | 7,366,836.42 | 12,546,468.40 | 4.64% |
| BEAZLEY PLC | 1,340,000 | GBP | 7,393,626.45 | 7,767,890.33 | 2.87% |
| BURBERRY GROUP PLC | 425,000 | GBP | 8,333,590.35 | 8,102,056.23 | 3.00% |
| CRODA INTERNATIONAL PLC | 88,750 | GBP | 4,629,806.12 | 6,672,746.28 | 2.47% |
| LONDON STOCK EXCHANGE GROUP PLC | 90,000 | GBP | 7,470,018.77 | 7,979,553.90 | 2.95% |
| Total BRITISH POUND |  |  | 35,193,878.11 | 43,068,715.14 | 15.94% |
| CFD.ORKLA ASA | 1,300,000 | NOK | 9,876,838.25 | 9,907,878.49 | 3.67% |
| EQUINOR ASA | 200,000 | NOK | 2,880,588.77 | 6,632,942.03 | 2.45% |
| Total NORWEGIAN KRONE |  |  | 12,757,427.02 | 16,540,820.52 | 6.12% |
| ATLAS COPCO -A- | 600,000 | SEK | 4,944,352.06 | 5,352,487.36 | 1.98% |

|  |
| --- |
| DPAM L EQUITIES CONVICTION RESEARCH |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| EPIROC AKTIEBOLAG AK -A- | 420,000 | SEK | 8,194,978.47 | 6,192,296.38 | 2.29% |
| INTRUM AB | 350,000 | SEK | 7,459,646.10 | 6,375,575.81 | 2.36% |
| Total SWEDISH KRONA |  |  | 20,598,976.63 | 17,920,359.55 | 6.63% |
| Total Shares & Related Securities |  |  | 261,811,766.72 | 267,166,558.13 | 98.87% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 261,811,766.72 | 267,166,558.13 | 98.87% |
| Other Transferable Securities |  |  |  |  |  |
| CHINA DIAMOND CORP. | 4,500,000 | USD | 214,411.18 | 0.00 | 0.00% |
| Total U.S. DOLLAR |  |  | 214,411.18 | 0.00 | 0.00% |
| Total Other Transferable Securities |  |  | 214,411.18 | 0.00 | 0.00% |
| Total Portfolio |  |  | 262,026,177.90 | 267,166,558.13 | 98.87% |

|  |
| --- |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Bonds |  |  |  |  |  |
| ADEVINTA ASA 2,625 20-151125 | 2,000,000 | EUR | 1,993,000.00 | 1,805,700.00 | 0.44% |
| ADIENT GLOBAL HLDG 3,50 16-150824 | 2,000,000 | EUR | 2,084,376.00 | 1,808,690.00 | 0.44% |
| ALTICE FRANCE OAT 2,125 20-150225 | 11,000,000 | EUR | 10,711,605.00 | 9,543,105.00 | 2.30% |
| ALTICE FRANCE S.A. 2,50 19-150125 | 6,000,000 | EUR | 5,910,000.00 | 5,258,220.00 | 1.27% |
| ARAMARK INTERNATIONAL FINANCE 3,125 17-010425 | 2,000,000 | EUR | 2,029,825.00 | 1,798,840.00 | 0.43% |
| AREVA S.A. 4,875 09-230924 | 6,000,000 | EUR | 6,846,417.00 | 6,068,670.00 | 1.46% |
| ARGAN 3,25 17-040723 | 900,000 | EUR | 929,550.00 | 901,584.00 | 0.22% |
| AVANTOR FUNDING 2,625 20-011125 | 1,315,000 | EUR | 1,351,307.15 | 1,228,065.35 | 0.30% |
| AVIS BUDGET FINANCE 4,50 17-150525 | 5,500,000 | EUR | 5,628,755.00 | 5,144,507.50 | 1.24% |
| AVIS BUDGET FINANCE 4,75 18-300126 | 200,000 | EUR | 203,082.00 | 181,864.00 | 0.04% |
| AVIS BUDGET FINANCE PLC 4,125 16-151124 | 500,000 | EUR | 510,817.50 | 479,000.00 | 0.12% |
| AXALTA COATING SYSTEMS 3,75 16-150125 | 1,750,000 | EUR | 1,783,919.75 | 1,588,300.00 | 0.38% |
| BANIJAY ENTERT 3,50 20-010325 | 6,500,000 | EUR | 6,563,015.00 | 5,819,612.50 | 1.40% |
| CELLNEX TELECOM 2,875 17-180425 | 5,000,000 | EUR | 5,253,055.00 | 4,863,900.00 | 1.17% |
| CMA CGM 7,50 20-150126 | 6,000,000 | EUR | 6,552,865.00 | 6,157,620.00 | 1.48% |
| CONSTELLIUM 4,25 17-150226 | 6,250,000 | EUR | 6,288,955.00 | 5,675,312.50 | 1.37% |
| CROWN EUROPEAN HLDG 0,75 19-150223 | 1,300,000 | EUR | 1,300,598.00 | 1,273,031.50 | 0.31% |
| CROWN EUROPEAN HLDG 2,25 18-010223 | 8,300,000 | EUR | 8,651,406.68 | 8,231,234.50 | 1.98% |
| CROWN EUROPEAN HLDG 2,625 16-300924 | 2,000,000 | EUR | 2,104,710.00 | 1,909,370.00 | 0.46% |
| DKT FINANCE APS 7,00 18-170623 | 5,170,000 | EUR | 5,463,951.67 | 4,925,459.00 | 1.19% |
| DRAX FINCO PLC 2,625 20-011125 | 2,500,000 | EUR | 2,577,000.00 | 2,290,825.00 | 0.55% |
| EIRCOM FINANCE 1,75 19-011124 | 10,000,000 | EUR | 9,919,250.00 | 9,314,450.00 | 2.25% |
| ELIS S.A. 1,00 19-030425 | 15,600,000 | EUR | 15,648,511.08 | 14,171,040.00 | 3.42% |
| FAURECIA 2,625 18-150625 | 6,000,000 | EUR | 6,053,752.00 | 5,202,300.00 | 1.25% |
| FNAC DARTY S.A. 1,875 19-300524 | 7,400,000 | EUR | 7,376,916.00 | 6,997,810.00 | 1.69% |
| FORD MOTOR CREDIT 1,355 18-070225 | 12,900,000 | EUR | 13,021,135.00 | 11,474,292.00 | 2.77% |
| FORD MOTOR CREDIT 2,386 19-170226 | 2,000,000 | EUR | 2,004,600.00 | 1,755,530.00 | 0.42% |
| FORD MOTOR CREDIT 3,021 19-060324 | 5,000,000 | EUR | 5,172,916.67 | 4,808,225.00 | 1.16% |
| GOLDSTORY SAS 5,375 21-010326 | 3,000,000 | EUR | 3,013,300.00 | 2,545,830.00 | 0.61% |
| ILIAD S.A. 1,875 18-250425 | 7,000,000 | EUR | 7,051,000.00 | 6,337,275.00 | 1.53% |
| INDUSTRIAL POWER 1,125 19-090326 | 6,000,000 | EUR | 5,721,240.00 | 5,440,650.00 | 1.31% |
| IQVIA INC. 1,75 21-150326 | 9,000,000 | EUR | 8,836,700.00 | 7,951,905.00 | 1.92% |
| JAGUAR LAND ROVER 2,20 17-150124 | 10,800,000 | EUR | 10,577,250.00 | 9,783,504.00 | 2.36% |
| JAGUAR LAND ROVER 5,875 19-151124 | 2,500,000 | EUR | 2,678,125.00 | 2,307,287.50 | 0.56% |
| LIMACORPORATE SpA FRN 17-150823 | 970,000 | EUR | 944,601.00 | 927,412.15 | 0.22% |
| LKQ ITALIA BONDCO 3,875 16-010424 | 5,000,000 | EUR | 5,403,750.00 | 5,018,600.00 | 1.21% |
| LOXAM SAS 4,25 17-150424 | 7,000,000 | EUR | 7,078,750.00 | 6,741,525.00 | 1.63% |
| MATTERHORN TELECOM 2,625 19-150924 | 6,000,000 | EUR | 6,094,300.00 | 5,853,210.00 | 1.41% |
| MONITCHEM HOLDCO 5,25 19-150325 | 1,250,000 | EUR | 1,278,977.50 | 1,150,431.25 | 0.28% |
| NETFLIX INC. 3,00 20-150625 | 6,500,000 | EUR | 6,720,950.00 | 6,343,577.50 | 1.53% |
| NEXANS 2,75 17-050424 | 3,500,000 | EUR | 3,689,500.00 | 3,468,920.00 | 0.84% |
| NEXI SpA 1,75 19-311024 | 5,000,000 | EUR | 5,114,500.00 | 4,633,575.00 | 1.12% |
| NIDDA HEALTHCARE 3,50 17-300924 | 3,000,000 | EUR | 3,047,100.00 | 2,666,190.00 | 0.64% |
| NOKIA CORP. 2,375 20-150525 | 8,000,000 | EUR | 8,408,967.40 | 7,720,840.00 | 1.86% |
| NORICAN GROUP 4,50 17-150523 | 4,000,000 | EUR | 3,949,000.00 | 3,532,420.00 | 0.85% |
| OCI N.V. 3,625 20-151025 | 1,000,000 | EUR | 924,300.00 | 883,314.00 | 0.21% |

|  |
| --- |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| OI EUROPEAN GROUP 3,125 16-151124 | 8,400,000 | EUR | 8,718,970.00 | 7,951,272.00 | 1.92% |
| PAPREC HLDG S.A. 4,00 18-310325 | 4,100,000 | EUR | 4,174,654.48 | 3,589,345.00 | 0.87% |
| PARTS EUROPE 6,50 20-160725 | 11,150,000 | EUR | 11,659,635.50 | 11,175,979.50 | 2.69% |
| PEACH PROPERTY FINANCE 3,50 19-150223 | 4,500,000 | EUR | 4,455,330.00 | 3,862,327.50 | 0.93% |
| PIAGGIO 3,625 18-300425 | 1,800,000 | EUR | 1,835,860.00 | 1,717,677.00 | 0.41% |
| PPF TELECOM 3,50 20-200524 | 5,000,000 | EUR | 5,269,250.00 | 4,927,375.00 | 1.19% |
| QUATRIM SAS 5,875 19-150124 | 2,000,000 | EUR | 2,094,160.00 | 1,910,960.00 | 0.46% |
| QUINTILES IMS INC. 2,875 17-150925 | 2,000,000 | EUR | 2,009,600.00 | 1,923,750.00 | 0.46% |
| RENAULT S.A. S.A. 1,25 19-240625 | 12,000,000 | EUR | 11,933,525.00 | 10,443,300.00 | 2.52% |
| RUBIS TERMINAL INF 5,625 20-150525 | 13,258,000 | EUR | 13,992,277.20 | 12,863,707.08 | 3.10% |
| SCHAEFFLER FINANCE B.V. 1,875 19-260324 | 2,000,000 | EUR | 2,063,692.85 | 1,927,460.00 | 0.46% |
| SILGAN HLDG INC. 3,25 17-150325 | 6,000,000 | EUR | 6,046,075.00 | 5,682,840.00 | 1.37% |
| SOFTBK GROUP 2,125 21-060724 | 12,000,000 | EUR | 12,000,000.00 | 10,835,520.00 | 2.61% |
| SOFTBK GROUP CORP.4,00 18-200423 | 7,000,000 | EUR | 7,528,405.28 | 6,834,975.00 | 1.65% |
| SPCM S.A. 2,00 20-010226 | 6,000,000 | EUR | 5,841,500.00 | 5,456,310.00 | 1.32% |
| SPIE S.A. 3,125 17-220324 | 10,000,000 | EUR | 10,398,184.00 | 9,917,950.00 | 2.39% |
| SYNTHOMER PLC 3,875 20-010725 | 2,500,000 | EUR | 2,607,500.00 | 2,272,725.00 | 0.55% |
| TECHEM VERWAL 2,00 20-150725 | 11,000,000 | EUR | 10,896,830.00 | 9,672,300.00 | 2.33% |
| TELECOM ITALIA SpA 2,75 19-150425 | 10,000,000 | EUR | 10,571,980.00 | 9,309,050.00 | 2.24% |
| TELECOM ITALIA SpA 3,625 16-190124 | 6,600,000 | EUR | 7,161,593.84 | 6,520,866.00 | 1.57% |
| TEREOS 4,125 16-160623 | 2,000,000 | EUR | 2,057,480.00 | 1,989,840.00 | 0.48% |
| TEREOS FINANCE 7,50 20-301025 | 13,500,000 | EUR | 14,311,480.00 | 13,290,615.00 | 3.20% |
| VERISURE HLDG AB 3,50 18-150523 | 4,000,000 | EUR | 3,932,020.00 | 3,898,600.00 | 0.94% |
| VOLVO CAR AB 2,00 17-240125 | 13,000,000 | EUR | 13,506,990.01 | 12,164,490.00 | 2.93% |
| WIENERBERGER A.G. 2,75 20-040625 | 4,000,000 | EUR | 4,314,381.50 | 3,858,960.00 | 0.93% |
| ZF EUROPE FINANCE 1,25 19-231023 | 2,000,000 | EUR | 1,986,100.00 | 1,903,320.00 | 0.46% |
| ZF FINANCE GMBH 3,00 20-210925 | 5,000,000 | EUR | 5,270,165.00 | 4,402,350.00 | 1.06% |
| ZF NORTH AMERICA CAP 2,75 15-270423 | 5,000,000 | EUR | 5,062,145.83 | 4,932,375.00 | 1.19% |
| Total EURO |  |  | 426,167,387.89 | 389,219,263.33 | 93.84% |
| Total Bonds |  |  | 426,167,387.89 | 389,219,263.33 | 93.84% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 426,167,387.89 | 389,219,263.33 | 93.84% |
| Total Portfolio |  |  | 426,167,387.89 | 389,219,263.33 | 93.84% |

|  |
| --- |
| DPAM L PATRIMONIAL FUND |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Shares & Related Securities |  |  |  |  |  |
| LONZA GROUP A.G. -REG- | 1,050 | CHF | 458,957.44 | 533,969.43 | 0.44% |
| POLYPEPTIDE GROUP A.G. | 2,395 | CHF | 138,846.86 | 156,013.59 | 0.13% |
| ROCHE HLDG A.G. -PARTICIPATION CERTIFICATE- | 1,600 | CHF | 443,917.46 | 509,221.70 | 0.42% |
| SIG GROUP A.G. | 29,000 | CHF | 552,574.14 | 609,031.87 | 0.50% |
| Total SWISS FRANC |  |  | 1,594,295.90 | 1,808,236.59 | 1.49% |
| AMADEUS IT GROUP S.A. | 9,000 | EUR | 501,637.10 | 478,440.00 | 0.39% |
| ASML HLDG N.V. | 1,200 | EUR | 359,716.77 | 547,020.00 | 0.45% |
| CELLNEX TELECOM S.A. | 11,000 | EUR | 536,771.71 | 407,330.00 | 0.34% |
| EDP ENERGIAS -REG- | 150,000 | EUR | 708,560.74 | 667,800.00 | 0.55% |
| HANNOVER RUECK SE | 4,500 | EUR | 696,521.12 | 623,250.00 | 0.51% |
| INFINEON TECHNOLOGIES | 21,000 | EUR | 522,231.15 | 484,890.00 | 0.40% |
| KINGSPAN GROUP PLC | 6,000 | EUR | 456,552.44 | 344,400.00 | 0.28% |
| MEDIOBANCA | 55,700 | EUR | 431,106.42 | 459,970.60 | 0.38% |
| MERCK KGAA | 2,900 | EUR | 359,182.91 | 466,900.00 | 0.38% |
| UCB | 5,000 | EUR | 406,762.06 | 403,200.00 | 0.33% |
| UNIVERSAL MUSIC GROUP N.V. | 25,000 | EUR | 612,325.25 | 478,350.00 | 0.39% |
| WORLDLINE S.A. | 5,000 | EUR | 352,075.00 | 176,900.00 | 0.15% |
| Total EURO |  |  | 5,943,442.67 | 5,538,450.60 | 4.57% |
| BEAZLEY PLC | 115,000 | GBP | 567,529.85 | 666,647.30 | 0.55% |
| Total BRITISH POUND |  |  | 567,529.85 | 666,647.30 | 0.55% |
| ALIBABA GROUP HLDG LTD | 40,000 | HKD | 978,079.61 | 545,614.12 | 0.45% |
| HONG KONG EXCHANGES & CLEARING | 14,500 | HKD | 514,172.09 | 682,261.45 | 0.56% |
| Total HONG KONG DOLLAR |  |  | 1,492,251.70 | 1,227,875.57 | 1.01% |
| HOYA CORP. | 7,000 | JPY | 691,779.16 | 569,000.91 | 0.47% |
| KEYENCE CORP. | 2,200 | JPY | 718,885.67 | 704,162.83 | 0.58% |
| NIDEC CORP. | 9,400 | JPY | 583,579.63 | 538,864.95 | 0.44% |
| SONY GROUP CORP. | 6,500 | JPY | 416,788.40 | 492,203.56 | 0.41% |
| Total JAPANESE YEN |  |  | 2,411,032.86 | 2,304,232.25 | 1.90% |
| DNB BANK ASA | 29,500 | NOK | 462,734.30 | 504,245.43 | 0.42% |
| LEROY SEAFOOD GROUP ASA | 65,550 | NOK | 368,589.06 | 443,928.11 | 0.37% |
| Total NORWEGIAN KRONE |  |  | 831,323.36 | 948,173.54 | 0.78% |
| ASSA ABLOY AB -B- | 24,000 | SEK | 456,320.14 | 486,803.60 | 0.40% |
| BOLIDEN AB | 10,600 | SEK | 262,442.46 | 321,913.72 | 0.27% |
| EPIROC AKTIEBOLAG AK -A- | 20,000 | SEK | 385,880.37 | 294,871.26 | 0.24% |
| Total SWEDISH KRONA |  |  | 1,104,642.97 | 1,103,588.58 | 0.91% |

|  |
| --- |
| DPAM L PATRIMONIAL FUND |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| A.O.SMITH CORP. | 10,000 | USD | 482,645.66 | 523,028.36 | 0.43% |
| ACCENTURE PLC -A- | 1,900 | USD | 320,629.59 | 504,600.89 | 0.42% |
| ACTIVISION BLIZZARD INC. | 9,500 | USD | 568,639.85 | 707,513.51 | 0.58% |
| AGILENT TECHNOLOGIES INC. | 5,500 | USD | 450,287.64 | 624,836.19 | 0.52% |
| ALIGN TECHNOLOGY INC. | 1,500 | USD | 627,762.19 | 339,571.48 | 0.28% |
| ALPHABET INC. -C- | 280 | USD | 334,718.83 | 585,858.72 | 0.48% |
| BOOKING HLDG INC. | 310 | USD | 509,914.95 | 518,615.81 | 0.43% |
| COMCAST CORP. -A- | 16,000 | USD | 616,294.43 | 600,545.22 | 0.50% |
| DANAHER CORP. | 2,500 | USD | 413,889.86 | 606,246.11 | 0.50% |
| INTUITIVE SURGICAL INC. | 3,000 | USD | 627,284.62 | 575,952.94 | 0.47% |
| MARSH & MC LENNAN | 4,000 | USD | 342,034.70 | 594,002.58 | 0.49% |
| MASTERCARD INC. -A- | 1,650 | USD | 401,084.56 | 497,911.90 | 0.41% |
| MERCK & CO INC.-NEW- | 7,000 | USD | 421,363.42 | 610,445.26 | 0.50% |
| MICROSOFT CORP. | 2,500 | USD | 703,242.75 | 614,161.37 | 0.51% |
| NORFOLK SOUTHERN CORP. | 2,300 | USD | 359,230.09 | 500,040.17 | 0.41% |
| PARKER-HANNIFINANCE CORP. | 2,300 | USD | 444,396.12 | 541,312.35 | 0.45% |
| PAYPAL HLDG INC. | 3,500 | USD | 579,185.46 | 233,813.19 | 0.19% |
| PNC FINANCIAL SERVICES GROUP | 3,800 | USD | 431,632.89 | 573,462.15 | 0.47% |
| PROGRESSIVE CORP.-OHIO | 5,500 | USD | 422,702.06 | 611,683.96 | 0.50% |
| ROSS STORES INC. | 6,100 | USD | 527,579.81 | 409,778.56 | 0.34% |
| SYSCO CORP. | 7,300 | USD | 440,396.25 | 591,499.35 | 0.49% |
| TAIWAN SEMICONDUCTOR MANUFACTERING -ADR-5 SHARE | 7,000 | USD | 734,624.89 | 547,371.95 | 0.45% |
| THERMO FISHER SCIENTIFIC INC. | 1,000 | USD | 478,173.70 | 519,661.39 | 0.43% |
| Total U.S. DOLLAR |  |  | 11,237,714.32 | 12,431,913.41 | 10.25% |
| Total Shares & Related Securities |  |  | 25,182,233.63 | 26,029,117.84 | 21.46% |
| Bonds |  |  |  |  |  |
| AUSTRALIA 4,25 13-210426 | 2,700,000 | AUD | 2,108,443.02 | 1,847,955.40 | 1.52% |
| AUSTRALIA -INFLATION LINKED- 2,00 13-210835 | 1,000,000 | AUD | 929,835.45 | 837,372.97 | 0.69% |
| Total AUSTRALIAN DOLLAR |  |  | 3,038,278.47 | 2,685,328.37 | 2.21% |
| CANADA 2,25 18-010629 | 3,700,000 | CAD | 2,717,148.12 | 2,592,798.56 | 2.14% |
| CANADIAN GOVT 1,25 19-010630 | 1,800,000 | CAD | 1,226,891.18 | 1,154,092.92 | 0.95% |
| Total CANADIAN DOLLAR |  |  | 3,944,039.30 | 3,746,891.48 | 3.09% |
| ALLIANZ SE FRN 13-PERPETUAL | 1,700,000 | EUR | 1,848,651.00 | 1,709,086.50 | 1.41% |
| APPLE INC. 1,00 14-101122 | 3,500,000 | EUR | 3,582,278.00 | 3,509,922.50 | 2.89% |
| AT&T INC. 0,25 19-040326 | 1,700,000 | EUR | 1,709,219.50 | 1,578,756.00 | 1.30% |
| BANK OF AMERICA 0,75 16-260723 | 1,737,000 | EUR | 1,763,761.86 | 1,725,266.57 | 1.42% |
| BTPS 3,45 17-010348 | 600,000 | EUR | 861,750.00 | 591,153.00 | 0.49% |
| CHINA 0,625 20-251135 | 800,000 | EUR | 786,784.00 | 572,736.00 | 0.47% |
| CORP ANDINA FOMENTO 0,75 18-130623 | 2,700,000 | EUR | 2,745,743.00 | 2,693,277.00 | 2.22% |
| DEUTSCHLAND -INFLATION LINKED- 0,10 15-150426 | 500,000 | EUR | 569,864.70 | 617,296.98 | 0.51% |
| EDF FRN 13-PERPETUAL | 1,400,000 | EUR | 1,551,606.50 | 1,284,115.00 | 1.06% |
| EUROPEAN UNION 0,40 21-040237 | 400,000 | EUR | 404,022.00 | 307,812.00 | 0.25% |
| FRANCE OAT 2,25 13-250524 | 5,000,000 | EUR | 5,258,941.90 | 5,144,925.00 | 4.24% |
| FRANCE OAT -INFLATION LINKED- 0,70 13-250730 | 300,000 | EUR | 381,961.24 | 381,960.52 | 0.31% |

|  |
| --- |
| DPAM L PATRIMONIAL FUND |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| GERMANY -INFLATION LINKED- 0,10 12-150423 | 2,773,000 | EUR | 3,071,854.40 | 3,414,063.96 | 2.81% |
| GLENCORE FINANCE 1,875 16-130923 | 1,000,000 | EUR | 1,036,251.50 | 985,440.00 | 0.81% |
| GRAND CITY PROPERTIES S.A. 1,50 18-220227 | 1,100,000 | EUR | 1,134,953.50 | 961,999.50 | 0.79% |
| ITALY BTP 1,65 20-011230 | 1,400,000 | EUR | 1,550,396.50 | 1,254,134.00 | 1.03% |
| ITALY BTP -INFLATION LINKED- 3,10 11-150926 | 800,000 | EUR | 1,055,344.61 | 1,111,588.24 | 0.92% |
| KBC GROUP S.A. FRN 19-PERPETUAL | 1,200,000 | EUR | 1,293,220.00 | 1,138,074.00 | 0.94% |
| LOGICOR FINANCING 1,625 19-150727 | 1,150,000 | EUR | 1,216,666.25 | 996,561.25 | 0.82% |
| MERLIN PROPERTIES SOCIMI 2,225 16-250423 | 1,000,000 | EUR | 1,032,217.50 | 1,003,405.00 | 0.83% |
| MEXICO BONOS 4,00 15-150315 | 1,100,000 | EUR | 1,138,220.68 | 779,427.00 | 0.64% |
| MORGAN STANLEY 1,75 15-300125 | 800,000 | EUR | 858,681.50 | 785,340.00 | 0.65% |
| NESTLE FINANCE INTERNATIONAL 0,125 20-121127 | 1,400,000 | EUR | 1,414,923.50 | 1,257,543.00 | 1.04% |
| ORANGE 2,50 12-010323 | 1,700,000 | EUR | 1,806,394.50 | 1,719,218.50 | 1.42% |
| PORTUGAL 0,475 20-181030 | 1,000,000 | EUR | 1,039,182.50 | 875,030.00 | 0.72% |
| RENAULT S.A. S.A. 1,00 17-281125 | 1,550,000 | EUR | 1,516,939.10 | 1,372,060.00 | 1.13% |
| ROMANIA 2,375 17-190427 | 1,000,000 | EUR | 1,091,151.00 | 885,785.00 | 0.73% |
| SIEMENS FINANCE 0,90 19-280228 | 1,700,000 | EUR | 1,785,403.00 | 1,569,006.50 | 1.29% |
| SIEMENS FINANCE 2,875 13-100328 | 1,400,000 | EUR | 1,601,052.00 | 1,417,381.00 | 1.17% |
| SPAIN KINGDOM 0,60 19-311029 | 1,400,000 | EUR | 1,483,097.00 | 1,266,839.00 | 1.04% |
| SPAIN KINGDOM 2,35 17-300733 | 800,000 | EUR | 1,008,771.00 | 789,956.00 | 0.65% |
| SPAIN KINGDOM -INFLATION LINKED- 1,00 15-301130 | 500,000 | EUR | 628,349.51 | 614,336.03 | 0.51% |
| UBS GROUP FUNDING 1,75 15-161122 | 1,300,000 | EUR | 1,353,209.00 | 1,306,448.00 | 1.08% |
| UNICREDIT SpA 2,731 20-150132 | 800,000 | EUR | 812,584.00 | 680,008.00 | 0.56% |
| Total EURO |  |  | 50,393,446.25 | 46,299,951.05 | 38.17% |
| UK TREASURY -INFLATION LINKED- GILT 0,125 12-220324 | 1,000,000 | GBP | 1,489,538.32 | 1,695,415.06 | 1.40% |
| Total BRITISH POUND |  |  | 1,489,538.32 | 1,695,415.06 | 1.40% |
| INDONESIA 6,125 12-150528 | 12,000,000,0 00 | IDR | 746,110.63 | 753,681.39 | 0.62% |
| INDONESIA 8,25 11-150632 | 13,000,000,0 00 | IDR | 880,779.97 | 881,093.40 | 0.73% |
| Total INDONESIAN RUPIAH |  |  | 1,626,890.60 | 1,634,774.79 | 1.35% |
| JAPAN -INFLATION LINKED- 0,20 20-100330 | 100,000,000 | JPY | 805,170.97 | 772,195.02 | 0.64% |
| Total JAPANESE YEN |  |  | 805,170.97 | 772,195.02 | 0.64% |
| MEXICO BONOS 8,50 08-310529 | 230,000 | MXN | 1,221,867.84 | 1,059,803.02 | 0.87% |
| Total NEW MEXICAN PESO |  |  | 1,221,867.84 | 1,059,803.02 | 0.87% |
| NEW ZEALAND 2,75 16-150437 | 1,000,000 | NZD | 711,915.53 | 518,433.50 | 0.43% |
| Total NEW ZEALAND DOLLAR |  |  | 711,915.53 | 518,433.50 | 0.43% |
| PERU 6,35 16-120828 | 5,500 | PEN | 1,399,968.28 | 1,305,576.95 | 1.08% |
| Total PERUVIAN SOL |  |  | 1,399,968.28 | 1,305,576.95 | 1.08% |
| SWEDEN 1,50 11-131123 | 11,000,000 | SEK | 1,231,773.84 | 1,025,286.68 | 0.85% |

|  |
| --- |
| DPAM L PATRIMONIAL FUND |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| SWEDISH TREASURY 0,75 16-120528 | 13,220,000 | SEK | 1,379,049.06 | 1,165,998.04 | 0.96% |
| Total SWEDISH KRONA |  |  | 2,610,822.90 | 2,191,284.72 | 1.81% |
| APPLE INC. 1,65 21-080231 | 1,000,000 | USD | 809,271.63 | 804,122.62 | 0.66% |
| APPLE INC. 3,85 13-040543 | 990,000 | USD | 942,052.10 | 874,669.67 | 0.72% |
| COMCAST 3,375 15-150825 | 1,300,000 | USD | 1,192,384.15 | 1,229,357.70 | 1.01% |
| GOLDMAN SACHS 3,85 17-260127 | 1,100,000 | USD | 1,053,195.93 | 1,018,892.82 | 0.84% |
| JP MORGAN CHASE & CO 5,60 11-150741 | 800,000 | USD | 944,017.57 | 803,160.36 | 0.66% |
| PFIZER INC. 2,75 16-030626 | 1,200,000 | USD | 1,087,378.21 | 1,119,359.13 | 0.92% |
| US TREASURY 2,25 17-1502827 | 2,700,000 | USD | 2,608,906.73 | 2,479,315.13 | 2.04% |
| US TREASURY -INFLATION LINKED- 0,125 20-150130 | 1,000,000 | USD | 931,214.01 | 1,026,959.81 | 0.85% |
| US TREASURY -INFLATION LINKED- 1,375 14-150244 | 300,000 | USD | 368,194.55 | 364,065.91 | 0.30% |
| Total U.S. DOLLAR |  |  | 9,936,614.88 | 9,719,903.15 | 8.01% |
| Total Bonds |  |  | 77,178,553.34 | 71,629,557.11 | 59.05% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 102,360,786.97 | 97,658,674.95 | 80.51% |
| Investment funds |  |  |  |  |  |
| DPAM -B- EQUIT. SUSTAINABLE FOOD TRENDS P | 1,500 | EUR | 224,002.26 | 331,500.00 | 0.27% |
| DPAM -B- REAL ESTATE EUROPE SUS P | 3,000 | EUR | 1,716,674.00 | 1,539,990.00 | 1.27% |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE -P- | 8,000 | EUR | 1,131,640.00 | 1,085,600.00 | 0.89% |
| DPAM L BONDS EUR CORPORATE HIGH YIELD -P- | 25,500 | EUR | 3,991,187.13 | 3,593,715.00 | 2.96% |
| Total EURO |  |  | 7,063,503.39 | 6,550,805.00 | 5.40% |
| Total Investment funds |  |  | 7,063,503.39 | 6,550,805.00 | 5.40% |
| Other Transferable Securities |  |  |  |  |  |
| WISDOMTREE PHYSICAL GOLD | 27,000 | USD | 3,869,149.54 | 4,400,138.70 | 3.63% |
| Total U.S. DOLLAR |  |  | 3,869,149.54 | 4,400,138.70 | 3.63% |
| Total Other Transferable Securities |  |  | 3,869,149.54 | 4,400,138.70 | 3.63% |
| Total Portfolio |  |  | 113,293,439.90 | 108,609,618.65 | 89.54% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Bonds |  |  |  |  |  |
| BRASIL TREASURY BILLS 0,01 19-010723 | 150,000 | BRL | 21,645,992.28 | 24,113,820.73 | 0.83% |
| BRAZIL 10,00 14-010125 | 100,000 | BRL | 18,996,812.94 | 17,233,878.71 | 0.59% |
| BRAZIL 10,00 16-010127 | 100,000 | BRL | 16,331,632.56 | 16,598,849.49 | 0.57% |
| BRAZIL 10,00 18-010129 | 200,000 | BRL | 32,792,504.13 | 32,040,569.59 | 1.10% |
| BRAZIL 10,00 20-010131 | 250,000 | BRL | 42,316,338.34 | 39,014,340.20 | 1.34% |
| BRAZIL 10,00 22-010133 | 100,000 | BRL | 15,568,840.01 | 16,083,544.44 | 0.55% |
| BRAZIL 10,25 07-100128 | 8,000,000 | BRL | 1,217,788.74 | 1,349,953.82 | 0.05% |
| BRAZIL -INFLATION LINKED- 6,00 16-150826 | 25,000 | BRL | 17,380,004.39 | 18,802,362.75 | 0.64% |
| LETRA TESOURO NAC 0,00 20-010124 | 75,000 | BRL | 9,541,363.68 | 11,355,418.27 | 0.39% |
| LETRA TESOURO NAC 0,00 21-010125 | 255,000 | BRL | 29,790,132.65 | 34,472,400.16 | 1.18% |
| LETRA TESOURO NACION 0,00 20-011022 | 90,000 | BRL | 12,736,532.20 | 15,933,019.95 | 0.55% |
| Total BRAZILIAN REAL |  |  | 218,317,941.92 | 226,998,158.11 | 7.79% |
| BONOS TESORERIA PESOS 5,8 21-010624 | 7,500,000,000 | CLP | 7,921,817.75 | 7,494,137.14 | 0.26% |
| CHILE 2,30 20-011028 | 35,000,000,000 | CLP | 37,361,292.33 | 28,497,012.64 | 0.98% |
| CHILE 2,80 20-011033 | 6,500,000,000 | CLP | 6,508,091.26 | 4,808,176.45 | 0.16% |
| CHILE 4,00 18-010323 | 10,000,000,000 | CLP | 10,747,310.45 | 10,028,989.38 | 0.34% |
| CHILE 4,70 18-010930 | 17,000,000,000 | CLP | 22,262,692.56 | 15,843,074.13 | 0.54% |
| CHILE 5,00 15-010335 | 5,000,000,000 | CLP | 7,156,185.91 | 4,594,844.04 | 0.16% |
| CHILI 5,00 21-011028 | 10,000,000,000 | CLP | 12,042,774.78 | 9,601,298.47 | 0.33% |
| Total CHILEAN PESO |  |  | 104,000,165.04 | 80,867,532.25 | 2.77% |
| COLOMBIA 5,75 20-031127 | 60,000,000,000 | COP | 14,728,638.56 | 10,898,063.28 | 0.37% |
| COLOMBIA 6,00 12-280428 | 100,000,000,000 | COP | 26,600,636.25 | 18,003,906.73 | 0.62% |
| COLOMBIA 7,00 16-300632 | 40,000,000,000 | COP | 8,619,414.31 | 6,788,158.55 | 0.23% |
| COLOMBIA 7,00 21-260331 | 50,000,000,000 | COP | 8,750,269.17 | 8,700,129.72 | 0.30% |
| COLOMBIA 7,00 21-260331 | 100,000,000,000 | COP | 19,905,528.95 | 17,390,374.89 | 0.60% |
| COLOMBIA 7,25 19-261050 | 170,000,000,000 | COP | 31,738,737.62 | 24,546,353.70 | 0.84% |
| COLOMBIA 7,50 11-260826 | 51,500,000,000 | COP | 14,310,732.17 | 10,537,604.13 | 0.36% |
| COLOMBIA 7,75 14-180930 | 100,000,000,000 | COP | 25,275,408.80 | 18,604,220.85 | 0.64% |
| COLOMBIA 9,25 22-280542 | 75,000,000,000 | COP | 16,592,108.96 | 13,791,880.78 | 0.47% |
| Total COLOMBIAN PESO |  |  | 166,521,474.79 | 129,260,692.63 | 4.43% |
| CZECH 0,45 15-251023 | 1,000,000,000 | CZK | 38,018,719.69 | 37,396,252.32 | 1.28% |
| CZECH 1,20 20-130331 | 900,000,000 | CZK | 32,612,884.06 | 27,066,220.59 | 0.93% |
| CZECH 1,50 20-240440 | 900,000,000 | CZK | 32,248,083.34 | 22,096,581.81 | 0.76% |
| CZECH 4,70 07-120922 | 395,000,000 | CZK | 16,102,896.90 | 15,894,456.33 | 0.55% |
| CZECH 4,85 07-261157 | 700,000,000 | CZK | 39,820,311.38 | 27,358,876.89 | 0.94% |
| Total CZECH KORUNA |  |  | 158,802,895.37 | 129,812,387.94 | 4.45% |
| CENTRAL BANK TUNISIA 6,375 19-150726 | 7,000,000 | EUR | 6,624,248.75 | 3,780,315.00 | 0.13% |
| IVORY COAST 4,875 20-300132 | 22,500,000 | EUR | 19,926,934.14 | 16,238,700.00 | 0.56% |
| IVORY COAST 5,25 18-220330 | 4,000,000 | EUR | 4,034,979.15 | 3,143,300.00 | 0.11% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| IVORY COAST 5,875 19-171031 | 12,000,000 | EUR | 12,264,660.00 | 9,432,960.00 | 0.32% |
| IVORY COAST 6,625 18-220348 | 12,000,000 | EUR | 10,956,545.45 | 8,054,400.00 | 0.28% |
| IVORY COAST 6,875 19-171040 | 18,000,000 | EUR | 16,230,250.00 | 12,855,420.00 | 0.44% |
| MACEDONIA 5,625 16-260723 | 13,000,000 | EUR | 13,300,700.00 | 13,118,885.00 | 0.45% |
| ROMANIA 4,625 19-030449 | 10,000,000 | EUR | 8,869,500.00 | 7,120,350.00 | 0.24% |
| SENEGAL 5,375 21-080637 | 18,000,000 | EUR | 17,343,050.00 | 11,318,940.00 | 0.39% |
| SERBIA 1,50 19-260629 | 10,000,000 | EUR | 7,775,375.00 | 7,274,350.00 | 0.25% |
| SERBIA 3,125 20-150527 | 5,000,000 | EUR | 4,515,000.00 | 4,389,200.00 | 0.15% |
| UKRAINE 4,375 20-270130 | 3,000,000 | EUR | 2,892,180.00 | 749,805.00 | 0.03% |
| UKRAINE 6,75 19-200626 | 13,000,000 | EUR | 13,961,000.00 | 3,429,400.00 | 0.12% |
| Total EURO |  |  | 138,694,422.49 | 100,906,025.00 | 3.46% |
| GHANA 19,00 16-021126 | 5,000,000 | GHS | 686,260.94 | 365,299.87 | 0.01% |
| GHANA 19,25 20-230625 | 15,000,000 | GHS | 2,183,564.23 | 1,437,993.09 | 0.05% |
| GHANA GOVT 18,50 21-020123 | 10,000,000 | GHS | 1,393,474.22 | 1,137,007.94 | 0.04% |
| GHANA GOVT 19,25 20-181223 | 20,000,000 | GHS | 2,782,425.78 | 2,111,407.29 | 0.07% |
| GHANA GOVT 19,75 19-150424 | 25,000,000 | GHS | 4,063,230.01 | 2,592,789.71 | 0.09% |
| GHANA GOVT 20,75 20-200123 | 15,000,000 | GHS | 2,268,962.23 | 1,714,117.04 | 0.06% |
| Total GHANAIAN CEDI |  |  | 13,377,917.41 | 9,358,614.94 | 0.32% |
| HUNGARY 3,00 19-210830 | 3,500,000,000 | HUF | 10,324,336.55 | 6,241,280.03 | 0.21% |
| HUNGARY GOVT 1,50 20-220426 | 3,250,000,000 | HUF | 6,381,142.62 | 6,404,250.36 | 0.22% |
| HUNGARY GOVT 2,25 20-200433 | 6,500,000,000 | HUF | 17,594,871.00 | 9,842,473.35 | 0.34% |
| HUNGARY GOVT 4,50 22-230328 | 3,500,000,000 | HUF | 8,106,790.21 | 7,317,371.91 | 0.25% |
| Total HUNGARIAN FORINT |  |  | 42,407,140.38 | 29,805,375.65 | 1.02% |
| EIB 5,75 18-240125 | 100,000,000,000 | IDR | 6,260,920.30 | 6,426,813.72 | 0.22% |
| EURO BANK RECON 4,60 20-091225 | 170,000,000,000 | IDR | 9,897,696.18 | 10,468,454.17 | 0.36% |
| EUROPEAN BANK FOR RECONSTRUCTION & DEVELOPMENT 6,45 17-131222 | 250,000,000,000 | IDR | 14,837,348.74 | 16,168,401.33 | 0.55% |
| IA -DEUTSCHE BANK 7,875 16-140323 | 185,000,000,000 | IDR | 12,389,747.40 | 12,100,445.59 | 0.42% |
| INDONESIA 6,125 12-150528 | 674,000,000,000 | IDR | 38,582,979.03 | 42,331,771.55 | 1.45% |
| INDONESIA 7,50 16-150832 | 597,000,000,000 | IDR | 36,576,680.56 | 38,595,768.00 | 1.32% |
| INDONESIA 7,50 19-150440 | 100,000,000,000 | IDR | 6,289,029.48 | 6,414,229.12 | 0.22% |
| INDONESIA 7,50 19-150635 | 800,000,000,000 | IDR | 49,192,205.07 | 51,594,803.44 | 1.77% |
| INDONESIA 8,25 11-150632 | 300,000,000,000 | IDR | 19,477,677.08 | 20,332,924.62 | 0.70% |
| INDONESIA 8,25 15-150536 | 288,900,000,000 | IDR | 19,325,306.03 | 19,603,051.23 | 0.67% |
| INDONESIA 8,375 13-150334 | 52,000,000,000 | IDR | 3,418,573.77 | 3,557,126.95 | 0.12% |
| INDONESIA 8,375 19-150439 | 50,000,000,000 | IDR | 3,323,155.98 | 3,399,703.88 | 0.12% |
| INDONESIA 8,875 16-151131 | 120,000,000,000 | IDR | 7,125,239.59 | 8,624,893.81 | 0.30% |
| INDONESIA GOVT 6,50 19-150625 | 50,000,000,000 | IDR | 3,053,854.20 | 3,288,111.87 | 0.11% |
| Total INDONESIAN RUPIAH |  |  | 229,750,413.41 | 242,906,499.28 | 8.33% |
| ASIAN DEVELOPMENT BANK 5,90 17-201222 | 630,000,000 | INR | 7,436,269.13 | 7,620,880.36 | 0.26% |
| ASIAN DEVELOPMENT BANK 6,20 16-061026 | 900,000,000 | INR | 12,290,155.13 | 10,566,593.75 | 0.36% |
| EBRD 5,15 21-160224 | 600,000,000 | INR | 6,837,643.39 | 7,101,480.35 | 0.24% |
| EBRD 6,50 19-190623 | 200,000,000 | INR | 2,332,373.21 | 2,416,517.09 | 0.08% |
| INDIA 6,19 20-160934 | 300,000,000 | INR | 3,452,736.72 | 3,243,061.56 | 0.11% |
| INDIA 6,64 21-160635 | 2,200,000,000 | INR | 25,267,580.70 | 24,589,047.23 | 0.84% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| INDIA 7,17 18-080128 | 400,000,000 | INR | 4,887,187.25 | 4,823,053.76 | 0.17% |
| INDIA 7,26 19-140129 | 1,600,000,000 | INR | 19,873,748.31 | 19,301,904.75 | 0.66% |
| INDIA 7,72 15-250525 | 800,000,000 | INR | 10,334,631.47 | 9,868,873.98 | 0.34% |
| INDIA GOVT 6,10 21-120731 | 500,000,000 | INR | 5,739,796.69 | 5,543,241.55 | 0.19% |
| INTERNATIONAL FINANCE CORP. 5,85 17-251122 | 300,000,000 | INR | 3,434,079.01 | 3,632,297.26 | 0.12% |
| INTERNATIONAL FINANCE CORP. 6,30 14-251124 | 2,150,000,000 | INR | 28,575,060.03 | 25,711,939.42 | 0.88% |
| Total INDIAN RUPEE |  |  | 130,461,261.04 | 124,418,891.06 | 4.27% |
| KENYA 11,75 19-081035 | 100,000,000 | KES | 863,842.91 | 754,868.53 | 0.03% |
| KENYA 12,257 21-050137 | 500,000,000 | KES | 3,916,555.78 | 3,963,700.69 | 0.14% |
| KENYA 12,50 18-100133 | 100,000,000 | KES | 996,777.91 | 807,424.72 | 0.03% |
| KENYA 12,667 21-210339 | 400,000,000 | KES | 3,223,171.48 | 3,229,536.61 | 0.11% |
| KENYA INFRASTRUCTU 12,737 21-180842 | 200,000,000 | KES | 1,571,704.13 | 1,616,212.42 | 0.06% |
| KENYA TREASURY BOND 11,95 18-251038 | 500,000,000 | KES | 4,141,963.49 | 3,914,941.40 | 0.13% |
| Total KENYAN SHILLING |  |  | 14,714,015.70 | 14,286,684.37 | 0.49% |
| KOREA 0,875 20-101223 | 4,300,000,000 | KRW | 3,214,848.50 | 3,067,221.06 | 0.11% |
| KOREA 1,00 -INFLATION LINKED- 16-100626 | 5,300,000,000 | KRW | 4,085,294.99 | 4,413,222.73 | 0.15% |
| KOREA 1,25 19-101222 | 6,000,000,000 | KRW | 4,609,443.42 | 4,403,820.42 | 0.15% |
| KOREA 1,25 21-100326 | 13,300,000,000 | KRW | 9,558,026.60 | 9,038,558.51 | 0.31% |
| KOREA 1,75 21-100926 | 9,000,000,000 | KRW | 6,330,940.36 | 6,186,797.48 | 0.21% |
| KOREA 2,375 18-100323 | 3,000,000,000 | KRW | 2,350,066.72 | 2,221,248.47 | 0.08% |
| KOREA TREASURY 3,00 14-100924 | 12,000,000,000 | KRW | 9,730,386.16 | 8,828,062.04 | 0.30% |
| KOREA TREASURY BOND 1,875 16-100626 | 12,000,000,000 | KRW | 9,167,721.23 | 8,224,345.69 | 0.28% |
| KOREA TREASURY -INFLATION LINKED- 1,125 20-100630 | 14,700,000,000 | KRW | 11,102,321.32 | 11,344,169.71 | 0.39% |
| Total SOUTH KOREAN WON |  |  | 60,149,049.30 | 57,727,446.11 | 1.98% |
| MEX BONOS DESARR FIX 5,50 21-030427 | 8,000,000 | MXN | 31,153,967.73 | 32,567,778.03 | 1.12% |
| MEXICAN BONOS 7,75 11-290531 | 15,000,000 | MXN | 68,371,778.27 | 65,578,931.15 | 2.25% |
| MEXICO 7,75 13-231134 | 2,000,000 | MXN | 9,102,999.89 | 8,575,221.34 | 0.29% |
| MEXICO BONOS 5,75 15-050326 | 8,000,000 | MXN | 33,820,028.28 | 33,735,762.29 | 1.16% |
| MEXICO BONOS 8,00 17-071147 | 5,000,000 | MXN | 21,233,284.21 | 21,165,803.42 | 0.73% |
| MEXICO BONOS 8,50 08-310529 | 5,000,000 | MXN | 24,767,421.93 | 23,039,195.93 | 0.79% |
| Total NEW MEXICAN PESO |  |  | 188,449,480.31 | 184,662,692.16 | 6.33% |
| MALAYSIA 2,632 20-150431 | 11,600,000 | MYR | 2,281,438.04 | 2,206,614.37 | 0.08% |
| MALAYSIA 3,465 20-151030 | 35,000,000 | MYR | 7,275,150.29 | 7,131,026.40 | 0.24% |
| MALAYSIA 3,582 22-150732 | 13,000,000 | MYR | 2,715,724.41 | 2,672,224.57 | 0.09% |
| MALAYSIA 3,733 13-150628 | 15,000,000 | MYR | 3,165,510.54 | 3,176,568.25 | 0.11% |
| MALAYSIA 3,844 13-150433 | 200,000,000 | MYR | 43,164,508.78 | 40,727,454.24 | 1.40% |
| MALAYSIA 3,885 19-150829 | 75,000,000 | MYR | 16,029,044.10 | 15,931,508.18 | 0.55% |
| MALAYSIA 4,254 15-310535 | 97,000,000 | MYR | 21,801,752.99 | 20,187,940.14 | 0.69% |
| MALAYSIA 4,498 10-150430 | 28,900,000 | MYR | 6,841,400.26 | 6,359,335.91 | 0.22% |
| MALAYSIA 4,642 18-071133 | 65,000,000 | MYR | 14,211,627.94 | 14,149,668.50 | 0.49% |
| MALAYSIA 4,762 17-070437 | 133,000,000 | MYR | 29,966,881.35 | 29,305,114.10 | 1.01% |
| MALAYSIA GOVT 3,502 07-310527 | 20,000,000 | MYR | 4,235,577.08 | 4,237,290.71 | 0.15% |
| MALAYSIA GOVT 3,828 19-050734 | 88,000,000 | MYR | 18,509,663.80 | 17,682,502.68 | 0.61% |
| MALAYSIA GOVT 3,899 17-161127 | 165,000,000 | MYR | 36,189,771.44 | 35,505,875.85 | 1.22% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| MALAYSIA GOVT 4,127 12-150432 | 14,400,000 | MYR | 3,321,984.11 | 3,058,287.06 | 0.10% |
| MALAYSIA GOVT 4,232 11-300631 | 75,000,000 | MYR | 17,337,360.62 | 16,144,894.04 | 0.55% |
| MALAYSIA GOVT 4,893 18-080638 | 57,000,000 | MYR | 13,577,428.25 | 12,485,855.66 | 0.43% |
| Total MALAYSIAN RINGGIT |  |  | 240,624,824.00 | 230,962,160.66 | 7.92% |
| PERU 5,35 19-120840 | 150,000,000 | PEN | 33,499,356.84 | 28,315,024.54 | 0.97% |
| PERU 5,40 19-120834 | 150,000,000 | PEN | 38,616,327.60 | 30,470,743.68 | 1.05% |
| PERU 6,15 17-120832 | 150,000,000 | PEN | 40,046,121.46 | 33,400,717.26 | 1.15% |
| Total PERUVIAN SOL |  |  | 112,161,805.90 | 92,186,485.48 | 3.16% |
| ASIAN DEVELOPMENT BANK 5,25 19-090323 | 300,000,000 | PHP | 5,773,873.12 | 5,174,478.83 | 0.18% |
| PHILIPPINE 3,625 15-090925 | 350,000,000 | PHP | 5,229,439.53 | 5,772,462.10 | 0.20% |
| PHILIPPINE 6,50 18-220238 | 100,000,000 | PHP | 2,300,265.77 | 1,679,735.51 | 0.06% |
| PHILIPPINES 3,90 12-261122 | 500,000,000 | PHP | 8,968,125.29 | 8,533,584.54 | 0.29% |
| PHILIPPINES 4,00 21-220731 | 300,000,000 | PHP | 5,006,579.04 | 4,277,986.67 | 0.15% |
| PHILIPPINES 6,25 11-140136 | 61,500,000 | PHP | 1,195,375.32 | 1,035,294.75 | 0.04% |
| Total PHILIPPINE PESO |  |  | 28,473,658.07 | 26,473,542.40 | 0.91% |
| PAKISTAN T-BILL 0,00 22-110822 | 200,000,000 | PKR | 949,253.18 | 921,176.91 | 0.03% |
| Total PAKISTAN RUPEE |  |  | 949,253.18 | 921,176.91 | 0.03% |
| POLAND 1,75 21-250432 | 250,000,000 | PLN | 42,376,932.35 | 34,123,113.09 | 1.17% |
| POLANDGOVEERNEMENT -INFLATION LINKED- 2,75 08-250823 | 35,000,000 | PLN | 11,078,824.33 | 11,430,021.60 | 0.39% |
| POLAND GOVERMENT 2,50 15-250726 | 200,000,000 | PLN | 36,716,792.92 | 35,453,762.11 | 1.22% |
| POLAND GOVERMENT 2,75 13-250428 | 250,000,000 | PLN | 46,476,695.16 | 42,601,299.96 | 1.46% |
| POLAND GOVERMENT 2,75 18-251029 | 100,000,000 | PLN | 20,078,835.71 | 16,335,329.72 | 0.56% |
| POLAND GOVERNMENT 2,50 16-250727 | 250,000,000 | PLN | 46,224,896.63 | 42,653,160.00 | 1.46% |
| Total POLISH ZLOTY |  |  | 202,952,977.10 | 182,596,686.48 | 6.26% |
| ROMANIA 4,75 19-111034 | 200,000,000 | RON | 35,700,698.07 | 28,264,631.56 | 0.97% |
| ROMANIA GOVT 3,65 16-240931 | 125,000,000 | RON | 23,761,855.89 | 17,303,269.99 | 0.59% |
| ROMANIA GOVT 4,15 20-260128 | 75,000,000 | RON | 16,370,096.32 | 12,177,928.84 | 0.42% |
| Total ROMANIAN LEU |  |  | 75,832,650.28 | 57,745,830.39 | 1.98% |
| SERBIA 4,50 19-110126 | 2,800,000,000 | RSD | 25,125,371.98 | 22,370,511.33 | 0.77% |
| SERBIA 4,50 20-200832 | 1,400,000,000 | RSD | 12,373,558.57 | 9,677,296.20 | 0.33% |
| SERBIA 5,875 18-080228 | 920,000,000 | RSD | 8,568,038.37 | 7,527,228.90 | 0.26% |
| Total SERBIAN DINAR |  |  | 46,066,968.92 | 39,575,036.43 | 1.36% |
| SINGAPORE 1,625 21-010731 | 12,000,000 | SGD | 7,726,453.10 | 7,426,894.39 | 0.25% |
| SINGAPORE 2,625 18-010528 | 40,000,000 | SGD | 26,747,837.14 | 27,293,034.12 | 0.94% |
| SINGAPORE 2,75 13-010723 | 5,000,000 | SGD | 3,432,616.35 | 3,451,596.27 | 0.12% |
| SINGAPORE 2,875 10-010930 | 18,000,000 | SGD | 12,851,527.76 | 12,381,208.98 | 0.42% |
| SINGAPORE 2,875 14-010729 | 25,000,000 | SGD | 18,032,993.77 | 17,248,015.39 | 0.59% |
| SINGAPORE 3,375 13-010933 | 50,500,000 | SGD | 37,893,382.16 | 36,080,800.02 | 1.24% |
| SINGAPORE 3,50 07-010327 | 75,000,000 | SGD | 51,590,138.60 | 53,294,614.94 | 1.83% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| SINGAPORE T-BONDS 2,125 16-010626 | 8,000,000 | SGD | 5,290,735.07 | 5,379,428.84 | 0.18% |
| Total SINGAPORE DOLLAR |  |  | 163,565,683.95 | 162,555,592.95 | 5.58% |
| THAILAND GOVT 1,585 20-171235 | 102,500,000 | THB | 2,811,421.35 | 2,253,021.23 | 0.08% |
| THAILAND -INFLATION LINKED- 1,25 13-120328 | 100,000,000 | THB | 3,067,374.79 | 3,058,737.21 | 0.10% |
| Total THAI BAHT |  |  | 5,878,796.14 | 5,311,758.44 | 0.18% |
| UGANDA 14,25 21-220634 | 10,000,000,000 | UGX | 2,486,232.41 | 2,272,851.47 | 0.08% |
| UGANDA 16,25 20-081135 | 5,000,000,000 | UGX | 1,419,847.29 | 1,257,017.84 | 0.04% |
| UGANDA GOVT 17,50 21-011140 | 20,000,000,000 | UGX | 5,667,752.49 | 5,043,167.71 | 0.17% |
| Total UGANDA SHILLING |  |  | 9,573,832.19 | 8,573,037.02 | 0.29% |
| ARGENTINA 0,125 20-090741 | 7,500,000 | USD | 2,254,118.98 | 1,943,923.67 | 0.07% |
| ARGENTINA FRN 20-090735 | 7,500,000 | USD | 1,956,291.86 | 1,597,135.20 | 0.05% |
| ARGENTINA STEP-UP 20-090138 | 7,500,000 | USD | 2,336,314.76 | 2,094,576.50 | 0.07% |
| ARMENIA 7,15 15-260325 | 4,000,000 | USD | 3,570,127.50 | 3,786,713.86 | 0.13% |
| BAHAMAS 8,95 20-151032 | 25,000,000 | USD | 20,714,611.72 | 16,705,007.41 | 0.57% |
| BAHAMAS COMMONWEALTH 9,00 22-160629 | 7,000,000 | USD | 5,259,546.50 | 5,375,025.11 | 0.18% |
| CENTRAL BANK TUNISIA 5,75 15-300125 | 12,339,000 | USD | 9,166,917.56 | 6,577,632.98 | 0.23% |
| CMWTH OF BAHAMAS 5,75 14-160124 | 2,000,000 | USD | 1,674,801.84 | 1,680,300.35 | 0.06% |
| COLOMBIA 3,125 20-150431 | 5,000,000 | USD | 3,646,550.50 | 3,554,761.11 | 0.12% |
| COLOMBIA 3,875 17-250427 | 10,000,000 | USD | 8,455,622.14 | 8,457,458.51 | 0.29% |
| COLOMBIA 5,00 15-150645 | 5,000,000 | USD | 3,416,267.03 | 3,207,087.86 | 0.11% |
| COSTA RICA 6,125 19-190231 | 22,000,000 | USD | 19,558,444.71 | 19,685,522.98 | 0.68% |
| COSTA RICA 7,00 14-040444 | 200,000 | USD | 173,989.17 | 165,254.20 | 0.01% |
| DOMINICAN 6,00 22-220233 | 5,000,000 | USD | 4,396,956.30 | 3,986,847.77 | 0.14% |
| ECUADOR FRN 20-310730 | 15,000,000 | USD | 10,769,116.42 | 9,497,297.82 | 0.33% |
| ECUADOR FRN 20-310735 | 15,000,000 | USD | 8,829,628.47 | 7,165,263.76 | 0.25% |
| GEORGIA 2,75 21-220426 | 7,000,000 | USD | 5,512,501.58 | 5,531,302.31 | 0.19% |
| GHANA 8,125 19-260332 | 5,000,000 | USD | 4,023,175.21 | 2,317,710.08 | 0.08% |
| GHANA 8,627 18-160649 | 3,000,000 | USD | 2,466,757.12 | 1,362,762.45 | 0.05% |
| INSTIT COSTA ELEC 6,75 21-071031 | 2,800,000 | USD | 2,393,857.73 | 2,515,433.54 | 0.09% |
| IVORY COAST LTD 6,125 17-150633 | 22,000,000 | USD | 17,092,325.99 | 16,539,614.52 | 0.57% |
| KENYA 6,875 14-240624 | 11,000,000 | USD | 9,930,610.54 | 8,843,086.70 | 0.30% |
| KOREA 1,00 20-160930 | 330,000 | USD | 254,922.42 | 262,192.89 | 0.01% |
| KOREA 1,75 21-151031 | 5,450,000 | USD | 4,560,863.96 | 4,571,702.61 | 0.16% |
| KOREA 2,50 19-190629 | 5,000,000 | USD | 4,431,737.30 | 4,521,402.27 | 0.16% |
| LEBANESE 6,10 10-041022 -DEFAULT- | 1,000,000 | USD | 665,275.96 | 64,096.80 | 0.00% |
| LEBANESE 6,85 17-230327 -DEFAULT- | 2,000,000 | USD | 662,817.65 | 128,394.47 | 0.00% |
| LEBANESE 8,25 06-120421 -DEFAULT- | 3,400,000 | USD | 2,610,966.58 | 225,734.37 | 0.01% |
| MALDIVES SUKUK 9,875 21-080426 | 5,000,000 | USD | 4,336,532.77 | 3,704,050.89 | 0.13% |
| MOZAMBIQUE 5,00 19-150931 | 6,000,000 | USD | 4,500,047.58 | 4,188,550.38 | 0.14% |
| NAMIBIA 5,25 15-291025 | 5,000,000 | USD | 4,247,232.08 | 4,227,940.12 | 0.15% |
| NIGERIA 6,125 21-280928 | 8,500,000 | USD | 7,181,876.17 | 5,785,195.37 | 0.20% |
| NIGERIA 6,375 13-120723 | 4,000,000 | USD | 3,697,349.27 | 3,755,741.55 | 0.13% |
| NIGERIA 7,143 18-230230 | 5,000,000 | USD | 4,485,765.16 | 3,393,538.67 | 0.12% |
| NIGERIA 7,375 21-280933 | 3,000,000 | USD | 2,436,400.51 | 1,884,279.50 | 0.06% |
| NIGERIA 7,625 17-281147 | 8,000,000 | USD | 5,507,661.79 | 4,594,691.28 | 0.16% |
| NIGERIA 7,625 18-211125 | 12,300,000 | USD | 11,541,791.08 | 10,384,437.80 | 0.36% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| NIGERIA 7,696 18-230238 | 8,000,000 | USD | 6,576,110.46 | 4,756,305.90 | 0.16% |
| NIGERIA 7,875 17-160232 | 3,000,000 | USD | 2,291,913.97 | 2,007,685.68 | 0.07% |
| NIGERIA 8,747 18-210131 | 1,200,000 | USD | 1,128,382.05 | 859,174.52 | 0.03% |
| NIGERIA 9,248 18-210149 | 2,000,000 | USD | 1,456,241.71 | 1,302,472.62 | 0.04% |
| PAPUA NEW GUINEA 8,375 18-041028 | 7,000,000 | USD | 5,990,586.36 | 5,849,380.65 | 0.20% |
| POLAND 3,00 12-170323 | 10,000,000 | USD | 9,406,281.39 | 9,536,658.86 | 0.33% |
| REPUBLIC OF COLOMBI 6,125 09-180141 | 8,000,000 | USD | 7,956,557.43 | 6,007,326.98 | 0.21% |
| REPUBLIC OF COLOMBI 7,375 06-180937 | 5,500,000 | USD | 6,006,522.57 | 4,872,612.27 | 0.17% |
| SENEGAL 6,25 14-300724 | 4,000,000 | USD | 3,651,058.30 | 3,575,111.19 | 0.12% |
| SENEGAL 6,75 18-130348 | 27,800,000 | USD | 21,386,146.81 | 16,977,823.91 | 0.58% |
| SRI LANKA 7,55 19-280330 | 5,000,000 | USD | 1,990,408.81 | 1,535,463.19 | 0.05% |
| UKRAINE 7,304 20-150333 | 8,475,000 | USD | 7,422,436.76 | 2,041,393.18 | 0.07% |
| UKRAINE 8,994 18-010224 | 7,000,000 | USD | 6,516,889.85 | 1,740,207.57 | 0.06% |
| UKRAINE FRN 15-310540 | 11,000,000 | USD | 9,177,584.04 | 2,706,413.51 | 0.09% |
| UKRAINE GOVT 7,375 17-250932 | 3,000,000 | USD | 2,737,854.20 | 726,433.59 | 0.02% |
| UKRAINE GOVT 9,75 18-011128 | 3,000,000 | USD | 3,014,296.56 | 739,504.52 | 0.03% |
| Total U.S. DOLLAR |  |  | 305,429,045.18 | 249,515,635.80 | 8.56% |
| URUGUAY 8,25 21-210531 | 950,000,000 | UYU | 19,237,212.04 | 19,632,609.08 | 0.67% |
| URUGUAY 8,50 17-150328 | 800,000,000 | UYU | 17,066,792.61 | 17,515,892.04 | 0.60% |
| URUGUAY -INFLATION LINKED- 3,70 07-260637 | 175,000,000 | UYU | 11,610,135.47 | 13,841,830.36 | 0.47% |
| URUGUAY -INFLATION LINKED- 3,875 20-020740 | 2,000,000,000 | UYU | 46,823,500.18 | 57,916,153.22 | 1.99% |
| Total URUGUAYAN PESO |  |  | 94,737,640.30 | 108,906,484.70 | 3.74% |
| ASIAN DEVELOPMENT BANK 0,00 19-010829 | 100,000,000 | ZAR | 2,718,260.48 | 3,062,290.35 | 0.11% |
| SOUTH AFRICA 10,50 98-211226 | 200,000,000 | ZAR | 12,886,764.07 | 12,368,446.41 | 0.42% |
| SOUTH AFRICA 7,00 10-280231 | 475,000,000 | ZAR | 20,114,664.01 | 21,831,299.03 | 0.75% |
| SOUTH AFRICA 7,75 12-280223 | 200,000,000 | ZAR | 11,907,382.10 | 11,768,868.54 | 0.40% |
| SOUTH AFRICA 8,00 13-310130 | 350,000,000 | ZAR | 17,904,973.78 | 17,776,543.54 | 0.61% |
| SOUTH AFRICA 8,25 14-310332 | 740,000,000 | ZAR | 39,735,763.59 | 36,231,896.32 | 1.24% |
| SOUTH AFRICA 8,5 13-310137 | 750,000,000 | ZAR | 37,984,727.51 | 34,664,682.48 | 1.19% |
| SOUTH AFRICA 8,75 12-280248 | 630,000,000 | ZAR | 28,001,175.85 | 28,369,780.56 | 0.97% |
| SOUTH AFRICA 8,75 14-310144 | 95,000,000 | ZAR | 5,519,178.04 | 4,308,795.15 | 0.15% |
| SOUTH AFRICA 8,875 15-280235 | 1,050,000,000 | ZAR | 52,513,535.88 | 51,399,394.53 | 1.76% |
| SOUTH AFRICA 9,00 15-310140 | 692,000,000 | ZAR | 38,530,918.26 | 32,614,450.24 | 1.12% |
| Total SOUTH AFRICAN RAND |  |  | 267,817,343.57 | 254,396,447.15 | 8.73% |
| ZAMBIA 11,00 20-270425 | 100,000,000 | ZMW | 3,834,121.97 | 4,327,617.87 | 0.15% |
| ZAMBIA 11,00 21-200926 | 100,000,000 | ZMW | 3,856,417.68 | 3,882,783.67 | 0.13% |
| ZAMBIA 11,00 21-250126 | 50,000,000 | ZMW | 1,958,864.67 | 1,963,023.82 | 0.07% |
| ZAMBIA 13,00 21-250131 | 100,000,000 | ZMW | 3,230,834.95 | 3,280,925.77 | 0.11% |
| ZAMBIA 14,00 20-010635 | 32,000,000 | ZMW | 947,719.86 | 1,018,687.07 | 0.03% |
| Total ZAMBIAN KWACHA |  |  | 13,827,959.13 | 14,473,038.20 | 0.50% |
| Total Bonds |  |  | 3,033,538,615.07 | 2,765,203,912.51 | 94.85% |
| Money market instruments |  |  |  |  |  |
| URUGUAY MON REG-BILL 21-071022 | 100,000,000 | UYU | 1,944,967.20 | 2,353,079.67 | 0.08% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| URUGUAY MON REG-BILL 21-120822 | 200,000,000 | UYU | 3,724,898.95 | 4,768,862.64 | 0.16% |
| Total URUGUAYAN PESO | 5,669,866.15 | 7,121,942.31 | 0.24% |
| Total Money market instruments | 5,669,866.15 | 7,121,942.31 | 0.24% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market | 3,039,208,481.22 | 2,772,325,854.82 | 95.10% |
| Total Portfolio | 3,039,208,481.22 | 2,772,325,854.82 | 95.10% |

|  |
| --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Bonds |  |  |  |  |  |
| ABERTIS INFRAEST. FRN 20-PERPETUAL | 1,600,000 | EUR | 1,613,777.78 | 1,286,968.00 | 0.36% |
| ABERTIS INFRAEST. FRN 21-PERPETUAL | 900,000 | EUR | 887,364.00 | 651,609.00 | 0.18% |
| ACCOR 2,375 21-291128 | 2,700,000 | EUR | 2,678,562.00 | 2,150,509.50 | 0.61% |
| ACCOR FRN 19-PERPETUAL | 700,000 | EUR | 665,509.21 | 546,416.50 | 0.15% |
| ADEVINTA ASA 3,00 20-151127 | 2,000,000 | EUR | 2,001,996.50 | 1,676,890.00 | 0.47% |
| AFFLELOU SAS 4,25 21-190526 | 6,000,000 | EUR | 6,122,185.71 | 5,130,240.00 | 1.45% |
| ALBION FINANCING 1 5,25 21-151026 | 3,000,000 | EUR | 3,007,350.00 | 2,514,600.00 | 0.71% |
| ALMIRALL S.A. 2,125 21-300926 | 1,800,000 | EUR | 1,800,000.00 | 1,604,061.00 | 0.45% |
| ALTICE FINANCING 3,00 20-150128 | 880,000 | EUR | 842,287.60 | 655,855.20 | 0.18% |
| ALTICE FINCO 4,75 17-150128 | 880,000 | EUR | 838,580.92 | 636,570.00 | 0.18% |
| ALTICE FRANCE HLDG 8,00 20-150527 | 4,000,000 | EUR | 4,138,925.00 | 3,276,080.00 | 0.92% |
| ALTICE FRANCE OAT 4,125 20-150129 | 880,000 | EUR | 880,000.00 | 667,704.40 | 0.19% |
| ALTICE FRANCE S.A. 2,50 19-150125 | 7,000,000 | EUR | 6,873,000.00 | 6,134,590.00 | 1.73% |
| ALTICE FRANCE S.A. 5,875 18-010227 | 4,100,000 | EUR | 4,493,462.21 | 3,571,284.50 | 1.01% |
| ARDAGH METAL PACK 2,00 21-010928 | 2,000,000 | EUR | 2,017,200.00 | 1,589,050.00 | 0.45% |
| ARDAGH PKG FINANCE 2,125 19-150826 | 880,000 | EUR | 818,400.00 | 715,792.00 | 0.20% |
| ARDAGH PKG FINANCE 2,125 20-150826 | 2,200,000 | EUR | 2,123,000.00 | 1,788,105.00 | 0.50% |
| ARD FINANCE S.A. 5,00 19-300627 | 1,000,000 | EUR | 986,441.66 | 725,500.00 | 0.20% |
| ASHLAND SERVICES 2,00 20-300128 | 1,750,000 | EUR | 1,750,000.00 | 1,439,007.50 | 0.41% |
| ATLANTIA SpA 1,875 21-120228 | 1,000,000 | EUR | 1,013,392.09 | 781,405.00 | 0.22% |
| AUTOSTRADE ITALIA 1,75 15-260626 | 4,000,000 | EUR | 4,092,484.00 | 3,633,780.00 | 1.02% |
| AUTOSTRADE ITALIA 1,875 15-041125 | 700,000 | EUR | 723,583.00 | 650,555.50 | 0.18% |
| AUTOSTRADE ITALIA 2,00 20-041228 | 2,000,000 | EUR | 2,047,910.00 | 1,643,830.00 | 0.46% |
| AUTOSTRADE ITALIA 2,25 22-250132 | 2,000,000 | EUR | 1,552,774.00 | 1,509,960.00 | 0.43% |
| AVANTOR FUNDING 3,875 20-150728 | 1,300,000 | EUR | 1,325,237.33 | 1,133,294.50 | 0.32% |
| AVIS BUDGET FINANCE 4,75 18-300126 | 3,500,000 | EUR | 3,476,834.90 | 3,182,620.00 | 0.90% |
| AVIS BUDGET FINANCE PLC 4,125 16-151124 | 2,000,000 | EUR | 2,002,716.00 | 1,916,000.00 | 0.54% |
| BALL CORP. 4,375 15-151223 | 1,050,000 | EUR | 1,093,256.36 | 1,066,847.25 | 0.30% |
| BANIJAY ENTERT 3,50 20-010325 | 2,000,000 | EUR | 1,977,500.00 | 1,790,650.00 | 0.50% |
| BCP MODULAR SERV 4,75 21-301128 | 1,000,000 | EUR | 1,000,000.00 | 797,725.00 | 0.22% |
| BELDEN INC. 3,375 17-150727 | 400,000 | EUR | 400,000.00 | 344,234.00 | 0.10% |
| BERTELSMANN 3,50 15-230475 | 3,000,000 | EUR | 3,264,171.00 | 2,541,450.00 | 0.72% |
| BLITZ -F- 6,00 18-300726 | 2,600,000 | EUR | 2,301,124.39 | 1,940,718.53 | 0.55% |
| CAB SELAS 3,375 21-010228 | 3,500,000 | EUR | 3,435,727.27 | 2,825,182.50 | 0.80% |
| CASINO GUICHARD 5,25 21-150427 | 500,000 | EUR | 507,000.00 | 335,600.00 | 0.09% |
| CASINO GUICHARD-PERRACHON 3,58 14-070225 | 400,000 | EUR | 320,000.00 | 296,128.00 | 0.08% |
| CASINO GUICHARD-PERRACHON 4,048 14-050826 | 700,000 | EUR | 672,048.46 | 481,516.00 | 0.14% |
| CASINO GUICHARD-PERRACHON 4,498 14-070324 | 700,000 | EUR | 629,825.00 | 565,971.00 | 0.16% |
| CATALENT PHARMACEUTICAL SOL 2,375 20-010328 | 5,000,000 | EUR | 5,005,000.00 | 4,100,000.00 | 1.16% |
| CELLNEX FINANCE 1,25 21-150129 | 3,000,000 | EUR | 2,309,250.00 | 2,244,000.00 | 0.63% |
| CHEPLAPHARMACEUTICAL ARZNEI 4,375 20-150128 | 900,000 | EUR | 900,000.00 | 768,933.00 | 0.22% |
| CHROME BIDCO 3,50 21-310528 | 3,000,000 | EUR | 2,992,500.00 | 2,471,535.00 | 0.70% |
| CIDRON AIDA FINCO 5,00 21-010428 | 1,550,000 | EUR | 1,550,000.00 | 1,295,660.50 | 0.37% |
| CMA CGM 7,50 20-150126 | 1,000,000 | EUR | 1,059,724.00 | 1,026,270.00 | 0.29% |
| CONSTELLIUM 4,25 17-150226 | 1,000,000 | EUR | 984,704.24 | 908,050.00 | 0.26% |
| CONSTELLIUM SE 3,125 21-150729 | 1,500,000 | EUR | 1,499,133.33 | 1,159,395.00 | 0.33% |

|  |
| --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| CROWN EUROPEAN HLDG 2,625 16-300924 | 6,000,000 | EUR | 6,032,400.00 | 5,728,110.00 | 1.61% |
| CT INVESTMENT 5,50 21-150426 | 1,050,000 | EUR | 1,075,287.50 | 859,671.75 | 0.24% |
| DERICHEBOURG 2,25 21-150728 | 1,750,000 | EUR | 1,750,000.00 | 1,431,858.75 | 0.40% |
| DOUGLAS GMBH 6,00 21-080426 | 1,700,000 | EUR | 1,698,552.45 | 1,327,079.50 | 0.37% |
| EDP-ENERGIAS DE PORT FRN 21-020881 | 4,500,000 | EUR | 4,281,580.00 | 3,647,385.00 | 1.03% |
| EDREAMS OIGEO 5,50 21-040727 | 1,000,000 | EUR | 1,000,867.95 | 800,485.00 | 0.23% |
| ELIOR PARTICIPATIONS 3,75 21-150726 | 4,000,000 | EUR | 4,082,000.00 | 3,123,620.00 | 0.88% |
| ELM B.V. FRN 20-PERPETUAL | 3,000,000 | EUR | 3,111,435.00 | 2,764,365.00 | 0.78% |
| ENERGIAS DE PORTUGAL FRN 20-200780 | 700,000 | EUR | 698,208.00 | 603,116.50 | 0.17% |
| EUROFINS SCIENTIFIC FRN 17-PERPETUA | 4,000,000 | EUR | 4,230,947.00 | 3,567,720.00 | 1.01% |
| FAURECIA 3,75 20-150628 | 3,500,000 | EUR | 3,670,264.06 | 2,713,585.00 | 0.76% |
| FAURECIA SE 2,375 21-150629 | 3,415,000 | EUR | 3,419,013.47 | 2,410,870.47 | 0.68% |
| FORD MOTOR CREDIT 2,386 19-170226 | 3,000,000 | EUR | 3,035,335.71 | 2,633,295.00 | 0.74% |
| GOLDSTORY SAS 5,375 21-010326 | 4,000,000 | EUR | 4,101,392.00 | 3,394,440.00 | 0.96% |
| GRUENENTHAL GMBH 3,625 21-151126 | 5,000,000 | EUR | 5,081,750.00 | 4,536,100.00 | 1.28% |
| HOLCIM FINANCE FRN 19-PERPETUAL | 3,000,000 | EUR | 3,039,888.00 | 2,871,975.00 | 0.81% |
| HT TROPLAST GMBH 9,25 20-150725 | 1,000,000 | EUR | 988,750.00 | 890,835.00 | 0.25% |
| ILIAD HLDG SAS 5,625 21-151028 | 610,000 | EUR | 610,000.00 | 521,916.00 | 0.15% |
| ILIAD S.A. 5,125 21-151026 | 1,500,000 | EUR | 1,527,256.32 | 1,341,652.50 | 0.38% |
| INEOS FINANCE 3,375 20-310326 | 1,000,000 | EUR | 1,000,000.00 | 901,180.00 | 0.25% |
| INEOS FINANCE PLC 2,125 17-151125 | 880,000 | EUR | 825,000.00 | 795,225.20 | 0.22% |
| INEOS QUATTRO FINANCE 2,50 21-150126 | 6,500,000 | EUR | 6,561,027.77 | 5,498,317.50 | 1.55% |
| INEOS QUATTRO FINANCE 3,75 21-150726 | 500,000 | EUR | 500,000.00 | 402,620.00 | 0.11% |
| INFINEON TECHNOLOGIES FRN 19-PERPETUAL | 1,000,000 | EUR | 1,106,225.33 | 877,125.00 | 0.25% |
| INTER GAME TECHNOLOGY 2,375 19-150428 | 970,000 | EUR | 927,562.50 | 766,464.90 | 0.22% |
| INTERNATIONAL GAME TECHNOLOGY 3,50 19-150626 | 875,000 | EUR | 875,000.00 | 799,544.38 | 0.23% |
| INTRALOT CAPITAL LUX 5,25 17-150924 | 1,800,000 | EUR | 1,572,630.00 | 1,611,000.00 | 0.45% |
| IQVIA INC. 1,75 21-150326 | 2,000,000 | EUR | 2,000,000.00 | 1,767,090.00 | 0.50% |
| IQVIA INC. 2,25 19-150128 | 4,000,000 | EUR | 4,021,333.33 | 3,325,840.00 | 0.94% |
| IQVIA INC. 2,25 21-150329 | 3,000,000 | EUR | 2,767,500.00 | 2,388,120.00 | 0.67% |
| JAGUAR LAND ROVER 2,20 17-150124 | 880,000 | EUR | 866,597.60 | 797,174.40 | 0.22% |
| JAGUAR LAND ROVER 4,50 18-150126 | 1,000,000 | EUR | 1,029,696.93 | 828,635.00 | 0.23% |
| JAGUAR LAND ROVER 5,875 19-151124 | 1,500,000 | EUR | 1,610,110.83 | 1,384,372.50 | 0.39% |
| KAPLA HLDG SAS 3,375 19-151226 | 4,000,000 | EUR | 3,968,020.00 | 3,159,320.00 | 0.89% |
| LABORATOIRE EIMER 5,00 21-010229 | 4,250,000 | EUR | 4,366,228.26 | 2,984,222.50 | 0.84% |
| LA FINAC ATALIAN 5,125 18-150525 | 400,000 | EUR | 393,000.00 | 307,898.00 | 0.09% |
| LA FINAC ATALIAN S.A. 4,00 17-150524 | 1,000,000 | EUR | 989,400.00 | 776,890.00 | 0.22% |
| LOXAM SAS 2,875 19-150426 | 1,000,000 | EUR | 995,833.33 | 849,305.00 | 0.24% |
| LOXAM SAS 3,75 19-150726 | 5,000,000 | EUR | 5,022,296.00 | 4,300,650.00 | 1.21% |
| LOXAM SAS 4,50 19-150427 | 300,000 | EUR | 300,000.00 | 228,243.00 | 0.06% |
| LOXAM SAS 5,75 19-150727 | 4,250,000 | EUR | 4,208,775.00 | 3,355,863.75 | 0.95% |
| LUNE HLDG 5,625 21-151128 | 2,000,000 | EUR | 1,874,500.00 | 1,622,730.00 | 0.46% |
| MAHLE GMBH 2,375 21-140528 | 1,000,000 | EUR | 803,400.00 | 667,230.00 | 0.19% |
| MATTERHORN TELECOM 4,00 17-151127 | 6,800,000 | EUR | 7,011,460.27 | 5,796,830.00 | 1.63% |
| MAXEDA DIY HLDG 5,875 20-011026 | 600,000 | EUR | 610,735.55 | 426,432.00 | 0.12% |
| MOBILUX FINANCE 4,25 21-150728 | 500,000 | EUR | 502,500.00 | 368,860.00 | 0.10% |
| MONITCHEM HOLDCO 5,25 19-150325 | 1,000,000 | EUR | 948,750.00 | 920,345.00 | 0.26% |
| NETFLIX INC. 4,625 18-150529 | 3,700,000 | EUR | 4,308,413.20 | 3,507,840.50 | 0.99% |
| NIDDA BONDCO GMBH 5,00 17-300925 | 500,000 | EUR | 516,150.00 | 405,300.00 | 0.11% |
| NIDDA HEALTHCARE 3,50 17-300924 | 1,750,000 | EUR | 1,776,250.00 | 1,555,277.50 | 0.44% |
| NOBEL BIDCO B.V. 3,125 21-150628 | 880,000 | EUR | 880,000.00 | 596,934.80 | 0.17% |

|  |
| --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| NOBIAN FINANCE 3,625 21-150726 | 2,000,000 | EUR | 2,000,000.00 | 1,551,090.00 | 0.44% |
| NOKIA CORP. 2,375 20-150525 | 5,000,000 | EUR | 5,014,500.00 | 4,825,525.00 | 1.36% |
| NOKIA CORP. 3,125 20-150528 | 2,870,000 | EUR | 3,090,973.70 | 2,625,935.20 | 0.74% |
| NORICAN GROUP 4,50 17-150523 | 5,000,000 | EUR | 4,812,832.19 | 4,415,525.00 | 1.24% |
| OCI N.V. 3,625 20-151025 | 2,500,000 | EUR | 2,242,500.00 | 2,208,285.00 | 0.62% |
| OI EUROPEAN GROUP 2,875 19-150225 | 1,320,000 | EUR | 1,320,000.00 | 1,200,830.40 | 0.34% |
| ORGANON FINANCE 2,875 21-300428 | 875,000 | EUR | 875,000.00 | 736,820.00 | 0.21% |
| PAPREC HLDG 3,50 21-010728 | 3,000,000 | EUR | 3,000,000.00 | 2,354,790.00 | 0.66% |
| PICARD GROUPE 3,875 21-010726 | 3,000,000 | EUR | 3,000,000.00 | 2,459,310.00 | 0.69% |
| PPF TELECOM 3,25 20-290927 | 2,000,000 | EUR | 1,984,640.00 | 1,754,850.00 | 0.49% |
| QUATRIM SAS 5,875 19-150124 | 2,500,000 | EUR | 2,571,928.57 | 2,388,700.00 | 0.67% |
| QUINTILES IMS INC. 2,875 17-150925 | 2,000,000 | EUR | 1,974,000.00 | 1,923,750.00 | 0.54% |
| RCI BANQUE S.A. FRN 19-180230 | 1,700,000 | EUR | 1,580,872.50 | 1,484,814.00 | 0.42% |
| REBECCA BIDCO GMBH 5,75 20-150725 | 700,000 | EUR | 700,000.00 | 642,344.50 | 0.18% |
| REPSOL INTERNATIONAL FINANCE 4,50 15-250375 | 1,300,000 | EUR | 1,465,907.16 | 1,247,532.00 | 0.35% |
| REPSOL INTERNATIONAL FINANCE FRN 20-PERPETUAL | 2,000,000 | EUR | 2,152,466.67 | 1,721,410.00 | 0.49% |
| REPSOL INTERNATIONAL FINANCE FRN 20-PERPETUAL | 2,000,000 | EUR | 2,162,000.00 | 1,805,230.00 | 0.51% |
| REXEL S.A. 2,125 21-150628 | 6,000,000 | EUR | 6,034,170.00 | 4,749,300.00 | 1.34% |
| ROSSINI SARL 6,75 18-301025 | 2,800,000 | EUR | 2,894,619.58 | 2,703,302.00 | 0.76% |
| SARENS FINANCE CO N.V. 5,75 20-240227 | 500,000 | EUR | 500,000.00 | 336,850.00 | 0.09% |
| SCHAEFFLER A.G. 3,375 20-121028 | 4,000,000 | EUR | 4,074,000.00 | 3,252,620.00 | 0.92% |
| SCIL IV LLC 4,375 21-011126 | 800,000 | EUR | 805,950.00 | 652,740.00 | 0.18% |
| SES S.A. FRN 21-PERPETUAL | 4,750,000 | EUR | 4,804,320.65 | 3,990,237.50 | 1.12% |
| SHUNSHINE MID B.V. 6,50 18-150526 | 1,000,000 | EUR | 976,800.31 | 1,000,200.00 | 0.28% |
| SOFTBK GROUP CORP.3,125 17-190925 | 2,700,000 | EUR | 2,636,500.00 | 2,277,976.50 | 0.64% |
| SOFTBK GROUP CORP.4,50 18-200425 | 870,000 | EUR | 898,849.20 | 792,857.10 | 0.22% |
| SOLVAY FRN 20-PERPETUAL | 900,000 | EUR | 915,475.50 | 775,566.00 | 0.22% |
| SOLVAY S.A. FRN 18-PERPETUAL | 700,000 | EUR | 767,375.00 | 676,903.50 | 0.19% |
| SPCM S.A. 2,625 20-010229 | 1,750,000 | EUR | 1,750,000.00 | 1,430,003.75 | 0.40% |
| SPIE S.A. 2,625 19-180626 | 6,700,000 | EUR | 6,850,502.70 | 6,002,228.50 | 1.69% |
| SUPERIOR INDUSTRIES 6,00 17-150625 | 350,000 | EUR | 348,513.03 | 281,953.00 | 0.08% |
| SYNTHOMER PLC 3,875 20-010725 | 5,000,000 | EUR | 5,093,400.00 | 4,545,450.00 | 1.28% |
| TECHEM VERWAL 2,00 20-150725 | 6,000,000 | EUR | 5,972,450.00 | 5,275,800.00 | 1.49% |
| TELEFONICA EUROPE FRN 18-PERPETUAL | 3,500,000 | EUR | 3,566,424.35 | 3,141,600.00 | 0.89% |
| TELEFONICA EUROPE FRN 19-PERPETUAL | 5,900,000 | EUR | 6,386,520.00 | 5,634,913.00 | 1.59% |
| TELEFONICA EUROPE FRN 21-PERPETUAL | 3,000,000 | EUR | 2,496,850.00 | 2,136,960.00 | 0.60% |
| TELENET FINANCE LUX NOTE 3,50 17-010328 | 5,300,000 | EUR | 5,335,271.16 | 4,515,547.00 | 1.27% |
| TEOLLISUUDEN VOIMA 2,625 22-310327 | 3,500,000 | EUR | 3,482,885.00 | 3,250,992.50 | 0.92% |
| TEREOS FINANCE 4,75 22-300427 | 5,900,000 | EUR | 5,900,000.00 | 5,050,046.00 | 1.42% |
| THE HOUSE FINANCE 4,375 19-150726 | 1,000,000 | EUR | 990,000.00 | 973,860.00 | 0.27% |
| TI AUTOMOTIVE FINANCE 3,75 21-150429 | 1,675,000 | EUR | 1,675,000.00 | 1,169,593.87 | 0.33% |
| TRIVIUM PACKAGING 3,75 19-150826 | 3,900,000 | EUR | 3,985,469.38 | 3,591,607.50 | 1.01% |
| UPCB FINANCE VII 3,625 17-150629 | 3,000,000 | EUR | 3,086,625.00 | 2,483,295.00 | 0.70% |
| UPC HLDG B.V. 3,875 17-150629 | 500,000 | EUR | 501,044.12 | 403,630.00 | 0.11% |
| VERALLIA FRANCE S.A. 1,875 21-101131 | 500,000 | EUR | 500,313.57 | 374,662.50 | 0.11% |
| VERALLIA SASU 1,625 21-140528 | 4,000,000 | EUR | 3,617,660.00 | 3,300,480.00 | 0.93% |
| VERDE BIDCO SpA 4,625 21-011026 | 250,000 | EUR | 250,000.00 | 206,227.50 | 0.06% |
| VERISURE HLDG 3,875 20-150726 | 4,000,000 | EUR | 4,140,000.00 | 3,512,820.00 | 0.99% |
| VERISURE HLDG AB 3,25 21-150227 | 1,320,000 | EUR | 1,320,000.00 | 1,094,022.60 | 0.31% |
| VERISURE MIDHOLDING 5,25 21-150229 | 3,500,000 | EUR | 3,547,813.89 | 2,678,182.50 | 0.75% |
| VICTORIA PLC 3,625 21-260826 | 5,500,000 | EUR | 5,579,447.50 | 4,301,605.00 | 1.21% |

|  |
| --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| VIRGIN MEDIA 3,75 20-150730 | 4,000,000 | EUR | 4,021,680.00 | 2,991,760.00 | 0.84% |
| VMED O2 UK FINANCING 3,25 20-310131 | 4,000,000 | EUR | 4,000,000.00 | 3,096,060.00 | 0.87% |
| VODAFONE GROUP FRN 18-031078 | 2,000,000 | EUR | 1,973,600.00 | 1,769,400.00 | 0.50% |
| VODAFONE GROUP FRN 20-270880 | 2,000,000 | EUR | 1,897,000.00 | 1,732,470.00 | 0.49% |
| VOLVO CAR AB 2,00 17-240125 | 4,000,000 | EUR | 3,950,492.00 | 3,742,920.00 | 1.06% |
| VOLVO CAR AB 2,50 20-071027 | 1,300,000 | EUR | 1,319,842.05 | 1,132,157.00 | 0.32% |
| VZ SECURED FINANCE 3,50 22-150132 | 900,000 | EUR | 900,000.00 | 681,183.00 | 0.19% |
| VZ VENDOR FINANCE 2,875 20-150129 | 900,000 | EUR | 900,000.00 | 670,216.50 | 0.19% |
| WMG ACQUISITION 2,75 20-150728 | 3,000,000 | EUR | 3,000,000.00 | 2,543,640.00 | 0.72% |
| WP-AP TELECOM 5,50 21-150130 | 2,000,000 | EUR | 2,000,000.00 | 1,513,310.00 | 0.43% |
| ZIGGO B.V. 2,875 19-150130 | 880,000 | EUR | 884,400.00 | 673,028.40 | 0.19% |
| ZIGGO BOND CO B.V. 3,375 20-280230 | 1,200,000 | EUR | 1,179,660.00 | 846,588.00 | 0.24% |
| Total EURO |  |  | 378,905,806.10 | 320,616,611.60 | 90.38% |
| Total Bonds |  |  | 378,905,806.10 | 320,616,611.60 | 90.38% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 378,905,806.10 | 320,616,611.60 | 90.38% |
| Total Portfolio |  |  | 378,905,806.10 | 320,616,611.60 | 90.38% |

|  |
| --- |
| DPAM L GLOBAL TARGET INCOME |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Investment funds |  |  |  |  |  |
| DPAM -B- BONDS EUR IG P | 27,566 | EUR | 1,818,129.26 | 1,860,949.00 | 4.07% |
| DPAM -B- BONDS GLOBAL INFLA LINKED P HEDGED | 33,861 | EUR | 4,109,322.59 | 4,099,239.66 | 8.96% |
| DPAM -B- BONDS GLOBAL INFLATION LINKED P | 15,483 | EUR | 2,303,795.36 | 2,304,799.38 | 5.04% |
| DPAM -B- EQUIT. EUROPE DIVIDEND P | 157 | EUR | 3,975,624.09 | 4,087,068.60 | 8.93% |
| DPAM -B- EQUIT. EUR SMALL CAPS SUS P | 1,447 | EUR | 469,913.25 | 439,859.06 | 0.96% |
| DPAM -B- EQUIT. NEWGEMS SUSTAINABLE P | 21 | EUR | 796,931.31 | 807,279.69 | 1.76% |
| DPAM -B- EQUIT. US BEHAVIORAL VALUE - P | 109 | EUR | 2,794,597.14 | 2,585,029.83 | 5.65% |
| DPAM -B- REAL ESTATE EU DIVIDEND SU P | 2,803 | EUR | 785,498.96 | 657,583.80 | 1.44% |
| DPAM L BONDS EUR HIGH YIELD SHORT-TERM -P- | 51,658 | EUR | 7,380,498.75 | 7,139,652.18 | 15.61% |
| DPAM L BONDS GOVERNEMENT SUSTAINABLE -P- | 5,655 | EUR | 9,499,867.92 | 8,610,811.95 | 18.82% |
| DPAM L BONDS GOVT GLOBAL P -CAP- | 339 | EUR | 9,222,354.73 | 8,755,583.52 | 19.14% |
| Total EURO |  |  | 43,156,533.36 | 41,347,856.67 | 90.39% |
| Total Investment funds |  |  | 43,156,533.36 | 41,347,856.67 | 90.39% |
| Total Portfolio |  |  | 43,156,533.36 | 41,347,856.67 | 90.39% |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Shares & Related Securities |  |  |  |  |  |
| CSL LTD | 630 | AUD | 76,677.66 | 112,277.86 | 0.18% |
| Total AUSTRALIAN DOLLAR |  |  | 76,677.66 | 112,277.86 | 0.18% |
| WASTE CONNECTIONS INC. | 1,250 | CAD | 107,652.70 | 147,936.67 | 0.24% |
| Total CANADIAN DOLLAR |  |  | 107,652.70 | 147,936.67 | 0.24% |
| PARTNERS GROUP HLDG A.G. | 150 | CHF | 109,590.93 | 128,913.98 | 0.21% |
| SIG GROUP A.G. | 9,450 | CHF | 177,045.13 | 198,460.39 | 0.32% |
| SKAN GROUP A.G. | 2,500 | CHF | 126,528.89 | 129,383.55 | 0.21% |
| Total SWISS FRANC |  |  | 413,164.95 | 456,757.92 | 0.73% |
| DSV A/S | 840 | DKK | 88,042.98 | 111,960.09 | 0.18% |
| NOVO NORDISK -B- | 4,065 | DKK | 163,501.77 | 430,296.98 | 0.68% |
| ORSTED A/S | 1,250 | DKK | 170,402.13 | 124,703.33 | 0.20% |
| Total DANISH KRONE |  |  | 421,946.88 | 666,960.40 | 1.06% |
| ACCOR | 4,600 | EUR | 145,834.47 | 118,818.00 | 0.19% |
| ADYEN N.V. | 97 | EUR | 109,367.23 | 134,636.00 | 0.21% |
| AGEAS N.V. | 6,000 | EUR | 262,120.98 | 251,880.00 | 0.40% |
| AIR LIQUIDE | 1,899 | EUR | 171,523.44 | 243,299.88 | 0.39% |
| AKZO NOBEL N.V. - ORDSHR | 1,360 | EUR | 118,519.12 | 85,163.20 | 0.14% |
| ALD S.A. | 15,000 | EUR | 174,148.82 | 166,800.00 | 0.27% |
| ALLIANZ A.G. -REG- | 1,440 | EUR | 262,687.09 | 262,252.80 | 0.42% |
| ALSTOM | 5,018 | EUR | 212,575.04 | 108,338.62 | 0.17% |
| AMADEUS IT GROUP S.A. | 3,117 | EUR | 188,653.61 | 165,699.72 | 0.26% |
| AMPLIFON Spa | 5,000 | EUR | 149,663.33 | 146,250.00 | 0.23% |
| AMUNDI S.A. | 3,370 | EUR | 197,595.07 | 175,914.00 | 0.28% |
| ANHEUSER-BUSCH INBEV | 3,740 | EUR | 211,103.52 | 192,086.40 | 0.31% |
| APERAM -REG- | 3,789 | EUR | 113,089.51 | 100,408.50 | 0.16% |
| APPLUS SERVICES S.A. | 24,500 | EUR | 199,888.89 | 161,700.00 | 0.26% |
| AROUNDTOWN S.A. | 22,324 | EUR | 170,443.55 | 67,708.69 | 0.11% |
| ASM INTERNATIONAL | 850 | EUR | 172,883.85 | 202,810.00 | 0.32% |
| ASML HLDG N.V. | 795 | EUR | 121,093.25 | 362,400.75 | 0.58% |
| AZELIS GROUP N.V. | 7,800 | EUR | 190,363.35 | 162,864.00 | 0.26% |
| BANCO BILBAO VIZCAYA | 44,000 | EUR | 263,014.22 | 190,542.00 | 0.30% |
| BARCO N.V. | 9,326 | EUR | 168,762.01 | 188,012.16 | 0.30% |
| BEIERSDORF A.G. | 1,740 | EUR | 175,647.89 | 169,615.20 | 0.27% |
| BE SEMICONDUCTOR INDUSTRIES | 1,200 | EUR | 85,187.71 | 55,044.00 | 0.09% |
| BMW-BAYERISCHE MOTOREN WERKE A.G. | 2,000 | EUR | 143,863.80 | 146,920.00 | 0.23% |
| BREMBO SpA | 12,900 | EUR | 135,566.32 | 119,583.00 | 0.19% |
| CAPGEMINI SE | 1,340 | EUR | 131,383.81 | 219,023.00 | 0.35% |
| CELLNEX TELECOM S.A. | 4,967 | EUR | 190,130.17 | 183,928.01 | 0.29% |
| CIE DES ALPES S.A. | 5,609 | EUR | 80,849.63 | 80,096.52 | 0.13% |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| COVESTRO A.G. | 2,400 | EUR | 136,850.48 | 79,152.00 | 0.13% |
| CTP B.V. | 9,644 | EUR | 135,338.04 | 106,084.00 | 0.17% |
| CTS EVENTIM A.G. & CO. KGAA | 2,315 | EUR | 107,825.68 | 115,750.00 | 0.18% |
| DANIELI & C. OFFICINE MECCANICHE | 8,500 | EUR | 210,859.05 | 165,750.00 | 0.26% |
| DASSAULT SYSTEMES SE | 3,005 | EUR | 80,777.66 | 105,520.58 | 0.17% |
| DAVIDE CAMPARI-MILANO N.V. | 16,900 | EUR | 129,264.82 | 169,591.50 | 0.27% |
| DE LONGHI SpA | 5,000 | EUR | 154,912.68 | 88,700.00 | 0.14% |
| DEUTSCHE BOERSE A.G. | 1,750 | EUR | 265,676.80 | 279,300.00 | 0.44% |
| DEUTSCHE POST A.G. -REG- | 3,300 | EUR | 173,864.97 | 117,942.00 | 0.19% |
| DEUTSCHE TELEKOM A.G. -REG- | 8,600 | EUR | 129,135.47 | 162,935.60 | 0.26% |
| EDP ENERGIAS -REG- | 45,362 | EUR | 158,868.54 | 201,951.62 | 0.32% |
| EDP RENOVAVEIS S.A. | 8,000 | EUR | 149,161.18 | 180,160.00 | 0.29% |
| ENEL AZ | 22,900 | EUR | 130,844.85 | 119,538.00 | 0.19% |
| ESSILOR LUXOTTICA S.A. | 1,650 | EUR | 265,532.91 | 235,785.00 | 0.38% |
| EXCLUSIVE NETWORKS | 8,000 | EUR | 160,000.00 | 118,720.00 | 0.19% |
| FAGRON | 7,000 | EUR | 106,580.24 | 108,080.00 | 0.17% |
| FINECOBANK SpA | 15,100 | EUR | 193,391.89 | 172,442.00 | 0.27% |
| GRIFOLS S.A. | 12,450 | EUR | 291,775.63 | 224,535.75 | 0.36% |
| GROUPE BRUX LAMBERT | 2,250 | EUR | 206,506.37 | 179,280.00 | 0.29% |
| HANNOVER RUECK SE | 1,600 | EUR | 237,983.40 | 221,600.00 | 0.35% |
| IBERDROLA S.A. | 24,363 | EUR | 200,575.39 | 241,096.25 | 0.38% |
| IMCD N.V. | 1,520 | EUR | 115,162.14 | 199,044.00 | 0.32% |
| INFINEON TECHNOLOGIES | 4,950 | EUR | 90,503.57 | 114,295.50 | 0.18% |
| INTERPUMP GROUP SpA | 2,850 | EUR | 118,422.37 | 103,683.00 | 0.16% |
| INTESA SAN PAOLO SpA | 99,000 | EUR | 203,673.49 | 176,220.00 | 0.28% |
| IPSOS S.A. | 2,600 | EUR | 105,299.63 | 117,780.00 | 0.19% |
| KBC GROUP S.A. | 6,330 | EUR | 393,580.83 | 338,908.20 | 0.54% |
| KERRY GROUP PLC | 1,830 | EUR | 174,271.77 | 167,152.20 | 0.27% |
| KINGSPAN GROUP PLC | 2,000 | EUR | 109,974.62 | 114,800.00 | 0.18% |
| KONECRANES PLC | 5,900 | EUR | 211,084.78 | 131,098.00 | 0.21% |
| KONINKLIJKE AHOLD DELHAIZE N.V. | 8,500 | EUR | 191,880.08 | 211,310.00 | 0.34% |
| KONINKLIJKE DSM N.V. | 1,677 | EUR | 170,594.90 | 229,916.70 | 0.37% |
| KONINKLIJKE KPN | 92,000 | EUR | 228,735.89 | 312,892.00 | 0.50% |
| L'OREAL | 535 | EUR | 151,693.37 | 176,175.50 | 0.28% |
| LVMH MOET HENNESSY.LOUIS VUITTON SE | 690 | EUR | 327,723.44 | 401,373.00 | 0.64% |
| MARR SpA | 10,350 | EUR | 205,397.29 | 136,206.00 | 0.22% |
| MEDIOBANCA | 17,000 | EUR | 142,630.36 | 140,386.00 | 0.22% |
| MELEXIS N.V. | 1,120 | EUR | 97,955.58 | 76,664.00 | 0.12% |
| MERCK KGAA | 620 | EUR | 58,998.26 | 99,820.00 | 0.16% |
| MONCLER SpA | 4,150 | EUR | 151,547.39 | 169,859.50 | 0.27% |
| NN GROUP N.V. | 6,964 | EUR | 251,406.42 | 301,819.76 | 0.48% |
| PIRELLI & CO SpA | 39,000 | EUR | 184,449.37 | 151,164.00 | 0.24% |
| PRYSMIAN SpA | 6,050 | EUR | 116,356.35 | 158,570.50 | 0.25% |
| RANDSTAD N.V. | 1,970 | EUR | 90,724.22 | 91,014.00 | 0.14% |
| REXEL S.A. | 10,500 | EUR | 214,450.88 | 154,087.50 | 0.25% |
| SAP SE | 2,990 | EUR | 269,727.11 | 259,920.70 | 0.41% |
| SCHNEIDER ELECTRIC SE | 2,200 | EUR | 205,858.39 | 248,380.00 | 0.40% |
| SODEXO | 2,830 | EUR | 204,489.58 | 189,779.80 | 0.30% |
| SOLVAY & CIE | 1,380 | EUR | 126,146.51 | 106,701.60 | 0.17% |
| STELLANTIS N.V. | 12,378 | EUR | 152,656.27 | 145,961.38 | 0.23% |
| TELENET GROUP HLDG | 5,950 | EUR | 191,954.94 | 117,869.50 | 0.19% |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| UCB | 2,250 | EUR | 183,889.55 | 181,440.00 | 0.29% |
| UMICORE S.A. | 3,000 | EUR | 121,260.79 | 99,960.00 | 0.16% |
| VIDRALA S.A. | 1,627 | EUR | 153,349.45 | 112,588.40 | 0.18% |
| WAREHOUSES DE PAUW N.V. | 4,528 | EUR | 104,362.93 | 135,840.00 | 0.22% |
| Total EURO |  |  | 13,991,898.25 | 13,728,389.49 | 21.84% |
| 3I GROUP PLC | 10,156 | GBP | 129,101.80 | 130,784.46 | 0.21% |
| ASTRAZENECA PLC | 2,370 | GBP | 172,416.59 | 297,351.30 | 0.47% |
| AVEVA GROUP PLC | 4,700 | GBP | 198,200.55 | 122,905.44 | 0.20% |
| B&M EUROPEAN VALUE RETAIL SA. REG. | 25,000 | GBP | 166,973.12 | 106,499.77 | 0.17% |
| BEAZLEY PLC | 45,000 | GBP | 183,905.20 | 260,861.99 | 0.41% |
| CRODA INTERNATIONAL PLC | 2,120 | GBP | 114,282.81 | 159,394.05 | 0.25% |
| DS SMITH PLC | 34,000 | GBP | 115,778.83 | 109,528.35 | 0.17% |
| INTERCONTINENTAL A.G.HOTELS GROUP PLC | 3,152 | GBP | 154,699.38 | 159,284.39 | 0.25% |
| SPIRAX SARCO ENGINEERING PLC | 1,260 | GBP | 158,150.82 | 144,589.68 | 0.23% |
| Total BRITISH POUND |  |  | 1,393,509.10 | 1,491,199.43 | 2.37% |
| NIDEC CORP. | 2,000 | JPY | 110,292.54 | 114,652.12 | 0.18% |
| SONY GROUP CORP. | 2,200 | JPY | 103,520.38 | 166,591.98 | 0.26% |
| Total JAPANESE YEN |  |  | 213,812.92 | 281,244.10 | 0.45% |
| DNB BANK ASA | 16,300 | NOK | 286,219.50 | 278,616.97 | 0.44% |
| Total NORWEGIAN KRONE |  |  | 286,219.50 | 278,616.97 | 0.44% |
| ATLAS COPCO -A- | 9,680 | SEK | 85,170.05 | 86,353.46 | 0.14% |
| EPIROC AKTIEBOLAG AK -A- | 6,700 | SEK | 127,217.73 | 98,781.87 | 0.16% |
| NIBE INDUSTRIER AK -B- | 11,500 | SEK | 33,166.71 | 82,440.74 | 0.13% |
| Total SWEDISH KRONA |  |  | 245,554.49 | 267,576.07 | 0.43% |
| ADOBE INC. | 310 | USD | 92,001.74 | 108,545.22 | 0.17% |
| AGILENT TECHNOLOGIES INC. | 1,190 | USD | 79,235.73 | 135,191.83 | 0.22% |
| APPLE INC. | 1,440 | USD | 163,300.19 | 188,317.76 | 0.30% |
| BOSTON SCIENTIFIC CORP. | 6,250 | USD | 203,414.65 | 222,810.75 | 0.35% |
| DANAHER CORP. | 870 | USD | 108,037.81 | 210,973.65 | 0.34% |
| DOLLAR GENERAL CORP. | 1,175 | USD | 198,411.95 | 275,854.42 | 0.44% |
| DOLLAR TREE INC. | 1,670 | USD | 128,094.30 | 248,954.52 | 0.40% |
| INTUIT INC. | 400 | USD | 131,534.43 | 147,473.34 | 0.23% |
| MARSH & MC LENNAN | 1,250 | USD | 96,338.27 | 185,625.81 | 0.30% |
| MASTERCARD INC. -A- | 870 | USD | 174,727.65 | 262,535.37 | 0.42% |
| MEDTRONIC PLC | 1,730 | USD | 144,004.43 | 148,517.38 | 0.24% |
| MICROSOFT CORP. | 1,680 | USD | 154,593.63 | 412,716.44 | 0.66% |
| NIKE INC. -B- | 1,430 | USD | 125,506.85 | 139,792.43 | 0.22% |
| NVIDIA CORP. | 790 | USD | 26,578.47 | 114,549.81 | 0.18% |
| PNC FINANCIAL SERVICES GROUP | 1,570 | USD | 194,777.49 | 236,930.41 | 0.38% |
| PTC INC. | 1,500 | USD | 114,507.45 | 152,575.45 | 0.24% |
| ROSS STORES INC. | 2,330 | USD | 190,719.77 | 156,521.98 | 0.25% |
| S&P GLOBAL INC. | 585 | USD | 165,638.51 | 188,607.87 | 0.30% |
| SALESFORCE INC. | 1,120 | USD | 226,250.22 | 176,808.84 | 0.28% |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| SERVICENOW INC. | 365 | USD | 66,751.72 | 166,019.23 | 0.26% |
| SPLUNK INC. | 1,190 | USD | 134,999.65 | 100,690.99 | 0.16% |
| THERMO FISHER SCIENTIFIC INC. | 230 | USD | 70,348.67 | 119,522.12 | 0.19% |
| TRANE TECHNOLOGIES PLC | 1,530 | USD | 128,065.15 | 190,062.75 | 0.30% |
| TRANSUNION | 1,800 | USD | 184,281.87 | 137,722.51 | 0.22% |
| UNITEDHEALTH GROUP INC. | 400 | USD | 189,747.83 | 196,520.16 | 0.31% |
| WALT DISNEY CO | 1,420 | USD | 140,878.18 | 128,220.38 | 0.20% |
| ZOETIS INC. -A- | 1,120 | USD | 130,322.99 | 184,147.30 | 0.29% |
| Total U.S. DOLLAR |  |  | 3,763,069.60 | 4,936,208.72 | 7.85% |
| Total Shares & Related Securities |  |  | 20,913,506.05 | 22,367,167.63 | 35.58% |
| Bonds |  |  |  |  |  |
| AUSTRALIA 2,75 15-211127 | 500,000 | AUD | 352,885.89 | 320,692.60 | 0.51% |
| AUSTRALIA 3,25 13-210425 | 600,000 | AUD | 417,622.72 | 397,751.84 | 0.63% |
| Total AUSTRALIAN DOLLAR |  |  | 770,508.61 | 718,444.44 | 1.14% |
| CANADA 1,00 16-010627 | 1,020,000 | CAD | 678,348.52 | 685,265.58 | 1.09% |
| Total CANADIAN DOLLAR |  |  | 678,348.52 | 685,265.58 | 1.09% |
| A2A SpA 0,625 21-150731 | 300,000 | EUR | 299,388.00 | 223,546.50 | 0.36% |
| ABN AMRO BANK 0,875 19-150124 | 350,000 | EUR | 351,981.00 | 346,017.00 | 0.55% |
| ALLIANZ SE FRN 12-171042 | 200,000 | EUR | 210,656.00 | 202,574.00 | 0.32% |
| AMERICAN MEDICAL 0,75 22-080325 | 300,000 | EUR | 296,781.00 | 287,913.00 | 0.46% |
| ANZ BANKING GROUP FRN 19-211129 | 300,000 | EUR | 294,349.20 | 282,354.00 | 0.45% |
| AT&T INC. 1,05 18-050923 | 230,000 | EUR | 230,460.00 | 229,632.00 | 0.37% |
| ATLAS COPCO AB 0,625 16-300826 | 200,000 | EUR | 193,446.00 | 187,361.00 | 0.30% |
| AXA S.A. FRN 21-071041 | 300,000 | EUR | 297,294.00 | 231,039.00 | 0.37% |
| BANCO BILBAO VIZCAYA FRN 20-160130 | 400,000 | EUR | 401,750.00 | 360,378.00 | 0.57% |
| BECTON DICKINSON 1,00 16-151222 | 125,000 | EUR | 125,155.62 | 125,175.00 | 0.20% |
| BELGIUM KINGDOM OLO 85 18-220628 | 300,000 | EUR | 301,819.50 | 289,542.00 | 0.46% |
| BELGIUM OLO 73 3,00 14-220634 | 140,000 | EUR | 202,102.60 | 152,604.90 | 0.24% |
| BELGIUM OLO 81 0,80 17-220627 | 320,000 | EUR | 350,766.52 | 312,332.80 | 0.50% |
| BELGIUM OLO 82 0,50 17-221024 | 700,000 | EUR | 686,819.00 | 695,086.00 | 1.11% |
| BMW FINANCE N.V. 1,25 14-050922 | 140,000 | EUR | 143,300.50 | 140,271.60 | 0.22% |
| BMW FINANCE N.V. 1,50 19-060229 | 250,000 | EUR | 275,030.00 | 233,410.00 | 0.37% |
| BNP PARIBAS S.A. 2,375 15-170225 | 500,000 | EUR | 504,967.50 | 490,915.00 | 0.78% |
| BPCE S.A. 1,00 19-010425 | 300,000 | EUR | 300,180.00 | 286,680.00 | 0.46% |
| BPCE S.A. 1,125 17-180123 | 300,000 | EUR | 300,825.00 | 300,771.00 | 0.48% |
| BPOST S.A. 1,25 18-110726 | 400,000 | EUR | 388,496.00 | 385,048.00 | 0.61% |
| BUNDESREPUB DEUTSCH 0,00 22-150232 | 200,000 | EUR | 173,814.00 | 176,073.00 | 0.28% |
| CAPGEMINI SE 1,00 18-181024 | 400,000 | EUR | 412,392.00 | 390,328.00 | 0.62% |
| CARREFOUR S.A. 1,875 22-301026 | 400,000 | EUR | 399,764.00 | 378,536.00 | 0.60% |
| COFIROUTE 1,00 20-190531 | 100,000 | EUR | 99,845.00 | 84,437.50 | 0.13% |
| COOP RABOBANK 0,625 19-270224 | 200,000 | EUR | 199,608.00 | 196,402.00 | 0.31% |
| CRH FINANCE B.V. 1,875 15-090124 | 150,000 | EUR | 156,190.50 | 149,832.00 | 0.24% |
| DEUTSCHE TELEKOM A.G. 0,875 19-250326 | 300,000 | EUR | 302,433.00 | 287,502.00 | 0.46% |
| DEUTSCHLAND -INFLATION LINKED- 0,10 15-150426 | 250,000 | EUR | 285,762.57 | 308,648.49 | 0.49% |
| ECOLAB INC. 1,00 16-150124 | 450,000 | EUR | 451,154.25 | 444,321.00 | 0.71% |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| EDF 1,00 16-131026 | 300,000 | EUR | 291,069.00 | 284,439.00 | 0.45% |
| EDP FINANCE B.V. 1,875 18-131025 | 300,000 | EUR | 315,000.00 | 296,092.50 | 0.47% |
| ENEL FINANCE INTERNATIONAL 1,375 16-010626 | 500,000 | EUR | 478,957.50 | 476,377.50 | 0.76% |
| EUROPEAN UNION 0,00 21-040731 | 600,000 | EUR | 599,781.00 | 503,526.00 | 0.80% |
| EUROP STABILITY MECH 0,75 18-050928 | 250,000 | EUR | 265,462.50 | 235,745.00 | 0.37% |
| FINECOBANK FRN 21-211027 | 300,000 | EUR | 298,794.00 | 261,855.00 | 0.42% |
| FLEMISH COMMUNITY 0,125 20-151035 | 300,000 | EUR | 290,040.00 | 223,533.00 | 0.36% |
| FLEMISH COMMUNITY 0,375 20-150430 | 300,000 | EUR | 305,400.00 | 267,163.50 | 0.42% |
| FRANCE OAT 0,25 15-251126 | 550,000 | EUR | 546,611.50 | 526,251.00 | 0.84% |
| FRANCE OAT 0,75 17-250528 | 740,000 | EUR | 786,518.09 | 711,410.10 | 1.13% |
| FRANCE OAT 0,75 17-251128 | 255,000 | EUR | 256,595.02 | 243,406.43 | 0.39% |
| FRANCE OAT 1,00 16-250527 | 300,000 | EUR | 336,555.00 | 295,666.50 | 0.47% |
| FRANCE OAT 2,10 08-250723 | 210,000 | EUR | 273,636.11 | 272,167.12 | 0.43% |
| FRANCE OAT 5,50 97-250429 | 200,000 | EUR | 301,340.00 | 251,347.00 | 0.40% |
| FRANCE OAT -INFLATION LINKED- 0,10 19-010329 | 220,000 | EUR | 253,560.03 | 256,408.07 | 0.41% |
| GECINA 1,375 17-300627 | 200,000 | EUR | 195,157.00 | 185,406.00 | 0.29% |
| GERMANY 0,00 20-150230 | 470,000 | EUR | 471,773.60 | 430,031.20 | 0.68% |
| GERMANY 0,25 18-150828 | 200,000 | EUR | 188,000.00 | 190,071.00 | 0.30% |
| GERMANY 0,50 18-150228 | 240,000 | EUR | 256,485.39 | 232,645.20 | 0.37% |
| GERMANY 1,50 14-150524 | 135,000 | EUR | 147,888.45 | 137,356.42 | 0.22% |
| GERMANY -INFLATION LINKED- 0,10 12-150423 | 270,000 | EUR | 306,057.30 | 332,418.78 | 0.53% |
| GERMANY -INFLATION LINKED- 0,50 14-150430 | 180,000 | EUR | 230,968.42 | 233,607.17 | 0.37% |
| HEINEKEN N.V. 1,25 20-070533 | 300,000 | EUR | 299,616.00 | 246,022.50 | 0.39% |
| IBERDROLA FINANZAS 1,00 17-070325 | 600,000 | EUR | 597,804.00 | 587,601.00 | 0.93% |
| IBERDROLA FRN 21-PERPETUAL | 300,000 | EUR | 304,425.00 | 219,738.00 | 0.35% |
| IBERDROLA INTERNATIONAL B.V. 16-210426 | 500,000 | EUR | 493,962.50 | 485,392.50 | 0.77% |
| ING GROEP N.V. FRN 21-090632 | 400,000 | EUR | 401,844.00 | 337,216.00 | 0.54% |
| INTESA SAN PAOLO SpA 1,00 19-040724 | 300,000 | EUR | 305,762.40 | 291,985.50 | 0.46% |
| INTESA SAN PAOLO SpA 1,75 18-200328 | 300,000 | EUR | 265,311.00 | 269,323.50 | 0.43% |
| IRELAND 1,35 18-180331 | 370,000 | EUR | 429,997.40 | 357,954.65 | 0.57% |
| IRISH TREASURY 1,00 16-150526 | 750,000 | EUR | 772,530.00 | 746,872.50 | 1.19% |
| ITALY BTP 0,40 16-110424 | 220,000 | EUR | 223,294.23 | 231,205.63 | 0.37% |
| ITALY BTP 0,95 20-010830 | 500,000 | EUR | 516,780.00 | 425,910.00 | 0.68% |
| ITALY BTP 1,65 20-011230 | 210,000 | EUR | 232,320.90 | 188,120.10 | 0.30% |
| ITALY BTP 1,75 19-010724 | 530,000 | EUR | 558,030.60 | 533,736.50 | 0.85% |
| ITALY BTP 2,35 04-150935 | 75,000 | EUR | 130,471.04 | 114,794.72 | 0.18% |
| ITALY BTP 2,50 14-011224 | 520,000 | EUR | 556,021.60 | 530,779.60 | 0.84% |
| ITALY BTP 3,85 18-010949 | 420,000 | EUR | 604,918.95 | 439,233.90 | 0.70% |
| ITALY BTP 4,75 13-010928 | 220,000 | EUR | 286,892.20 | 245,756.50 | 0.39% |
| ITALY BTP -INFLATION LINKED- 0,40 19-150530 | 90,000 | EUR | 96,918.02 | 95,430.21 | 0.15% |
| ITALY TREASURY BONDS 2,80 18-011228 | 300,000 | EUR | 354,704.88 | 302,350.50 | 0.48% |
| KBC GROUPE FRN 21-140129 | 500,000 | EUR | 496,635.00 | 418,132.50 | 0.67% |
| KBC GROUP N.V. FRN 21-010327 | 400,000 | EUR | 400,718.40 | 359,460.00 | 0.57% |
| KERRY GROUP FINANCE SER 0,625 19-200929 | 200,000 | EUR | 196,076.00 | 164,962.00 | 0.26% |
| KERRY GROUP FINANCIAL FRN 21-011231 | 300,000 | EUR | 304,083.00 | 235,065.00 | 0.37% |
| KFW 1,125 17-150932 | 300,000 | EUR | 317,437.50 | 274,369.50 | 0.44% |
| LONZA FINANCE INTERNATIONAL 1,625 20-210427 | 200,000 | EUR | 203,548.00 | 190,486.00 | 0.30% |
| MERCK FRN 20-090980 | 200,000 | EUR | 200,750.00 | 174,787.00 | 0.28% |
| MORGAN STANLEY 1,75 16-110324 | 350,000 | EUR | 357,280.00 | 348,166.00 | 0.55% |
| MORGAN STANLEY FRN 21-290433 | 300,000 | EUR | 303,270.00 | 237,759.00 | 0.38% |
| NESTLE FINANCE INTERNATIONAL 0,375 20-120532 | 300,000 | EUR | 294,471.00 | 242,605.50 | 0.39% |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| NETHERLAND 0,25 19-150729 | 300,000 | EUR | 315,429.00 | 276,475.50 | 0.44% |
| NETHERLANDS GOVT 0,75 18-150728 | 180,000 | EUR | 185,934.60 | 174,091.50 | 0.28% |
| NETHERLANDS GOVT 2,00 14-150724 | 180,000 | EUR | 201,090.60 | 184,815.90 | 0.29% |
| NN GROUP N.V. 0,875 17-130123 | 350,000 | EUR | 350,661.50 | 350,224.00 | 0.56% |
| NN GROUP N.V. 1,625 17-070727 | 200,000 | EUR | 217,918.00 | 190,541.00 | 0.30% |
| NORDEA BANK 0,625 21-180831 | 400,000 | EUR | 399,699.30 | 351,780.00 | 0.56% |
| ORANGE 0,00 21-290626 | 300,000 | EUR | 300,060.00 | 273,354.00 | 0.43% |
| PERNOD RICARD 2,125 14-270924 | 200,000 | EUR | 213,676.00 | 201,278.00 | 0.32% |
| PORTUGAL 2,125 18-171028 | 210,000 | EUR | 227,756.14 | 214,374.30 | 0.34% |
| PORTUGAL 2,25 18-180434 | 270,000 | EUR | 307,304.17 | 265,157.55 | 0.42% |
| PORTUGAL 2,875 16-210726 | 320,000 | EUR | 352,944.00 | 338,248.00 | 0.54% |
| PORTUGAL 4,125 17-140427 | 380,000 | EUR | 461,963.85 | 424,758.30 | 0.68% |
| PORTUGAL 4,95 08-251023 | 250,000 | EUR | 263,017.50 | 263,503.75 | 0.42% |
| PROXIMUS S.A. 0,75 21-171136 | 500,000 | EUR | 492,050.00 | 358,130.00 | 0.57% |
| SAP SE 1,375 18-130330 | 300,000 | EUR | 329,250.00 | 275,596.50 | 0.44% |
| SEGRO CAPITAL 1,25 22-230326 | 300,000 | EUR | 297,570.00 | 279,802.50 | 0.45% |
| SMURFIT KAPPA TREASURY 1,50 19-150927 | 300,000 | EUR | 317,022.00 | 268,707.00 | 0.43% |
| SODEXHO 0,75 20-270425 | 300,000 | EUR | 298,887.00 | 287,082.00 | 0.46% |
| SOLVAY FINANCE 2,75 15-021227 | 200,000 | EUR | 225,112.00 | 190,980.00 | 0.30% |
| SPAIN KINGDOM 0,60 19-311029 | 725,000 | EUR | 737,319.50 | 656,041.62 | 1.04% |
| SPAIN KINGDOM 1,30 16-311026 | 700,000 | EUR | 689,140.00 | 692,835.50 | 1.10% |
| SPAIN KINGDOM 1,50 17-300427 | 685,000 | EUR | 705,186.12 | 680,016.63 | 1.08% |
| SPAIN KINGDOM 1,95 16-300426 | 250,000 | EUR | 266,021.25 | 254,118.75 | 0.40% |
| SPAIN KINGDOM -INFLATION LINKED- 0,70 17-301133 | 150,000 | EUR | 187,564.67 | 173,030.80 | 0.28% |
| SPAIN KINGDOM -INFLATION LINKED- 1,80 13-301124 | 200,000 | EUR | 236,907.01 | 252,868.42 | 0.40% |
| STATKRAFT A/S 1,125 17-200325 | 300,000 | EUR | 311,544.00 | 293,050.50 | 0.47% |
| STEDIN HLDG 0,50 19-141129 | 300,000 | EUR | 298,017.00 | 248,547.00 | 0.40% |
| SWISSCOM FINANCE B.V. 0,375 20-141128 | 100,000 | EUR | 99,127.00 | 88,808.50 | 0.14% |
| TAKEDA PHARMACEUTICAL 2,25 18-211126 | 310,000 | EUR | 344,180.50 | 305,421.30 | 0.49% |
| TELEFONICA EMISIONE 2,318 17-171028 | 300,000 | EUR | 340,938.00 | 293,908.50 | 0.47% |
| THERMO FISHER SCIENTIFIC 0,75 16-120924 | 450,000 | EUR | 436,020.75 | 440,471.25 | 0.70% |
| UBS GROUP A.G. 0,875 21-031131 | 250,000 | EUR | 251,775.00 | 195,413.75 | 0.31% |
| UBS GROUP A.G. FRN 21-031126 | 200,000 | EUR | 199,992.20 | 182,197.00 | 0.29% |
| UNICREDIT SpA 1,00 18-180123 | 300,000 | EUR | 275,152.50 | 299,931.00 | 0.48% |
| VEOLIA ENVIRONNEMENT 0,927 16-040129 | 500,000 | EUR | 468,197.50 | 446,850.00 | 0.71% |
| VONOVIA SE 1,375 22-280126 | 300,000 | EUR | 297,920.70 | 278,680.50 | 0.44% |
| Total EURO |  |  | 38,440,403.65 | 35,271,961.41 | 56.11% |
| NEW ZEALAND 4,50 14-150427 | 700,000 | NZD | 506,953.19 | 434,350.11 | 0.69% |
| Total NEW ZEALAND DOLLAR |  |  | 506,953.19 | 434,350.11 | 0.69% |
| US TREASURY 0,50 20-310325 | 700,000 | USD | 609,492.29 | 625,183.09 | 0.99% |
| US TREASURY 2,875 22-150532 | 200,000 | USD | 185,069.95 | 189,018.48 | 0.30% |
| Total U.S. DOLLAR |  |  | 794,562.24 | 814,201.57 | 1.30% |
| Total Bonds |  |  | 41,190,776.21 | 37,924,223.11 | 60.33% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 62,104,282.26 | 60,291,390.74 | 95.90% |
| Total Portfolio |  |  | 62,104,282.26 | 60,291,390.74 | 95.90% |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Bonds |  |  |  |  |  |
| INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMENT 5,00 21-220126 | 49,620,000 | BRL | 7,263,874.12 | 7,488,856.63 | 1.90% |
| Total BRAZILIAN REAL |  |  | 7,263,874.12 | 7,488,856.63 | 1.90% |
| BEI 2,70 21-220424 | 23,000,000 | CNY | 2,978,640.38 | 3,264,573.38 | 0.83% |
| Total CHINA YUAN RENMINBI |  |  | 2,978,640.38 | 3,264,573.38 | 0.83% |
| COLOMBIA 7,00 21-260331 | 22,500,000,000 | COP | 4,889,111.67 | 3,915,058.37 | 0.99% |
| Total COLOMBIAN PESO |  |  | 4,889,111.67 | 3,915,058.37 | 0.99% |
| A2A SpA 0,625 21-150731 | 2,500,000 | EUR | 2,488,675.00 | 1,862,887.50 | 0.47% |
| ABANCA CORP. FRN 21-080927 | 3,000,000 | EUR | 2,996,910.00 | 2,566,215.00 | 0.65% |
| ACCIONA ENERGIA FINANCE 1,375 22-260132 | 1,000,000 | EUR | 998,890.00 | 819,415.00 | 0.21% |
| ACCIONA ENG FINANCE 0,375 21-071027 | 700,000 | EUR | 698,306.00 | 615,251.00 | 0.16% |
| ACCOR 2,375 21-291128 | 2,200,000 | EUR | 2,197,972.00 | 1,752,267.00 | 0.44% |
| ACEA SpA 0,25 21-280730 | 1,300,000 | EUR | 1,280,846.00 | 990,054.00 | 0.25% |
| ACEF HLDG 1,25 21-260430 | 1,200,000 | EUR | 1,191,504.00 | 906,618.00 | 0.23% |
| ACTIVIDADES DE CONSTRUCCION Y SERVICIOS 1,875 18-200426 | 1,300,000 | EUR | 1,366,394.00 | 1,227,564.00 | 0.31% |
| AEDIFICAT 0,75 21-090931 | 3,000,000 | EUR | 2,996,250.00 | 2,132,940.00 | 0.54% |
| ALSTOM 0,50 21-270730 | 1,200,000 | EUR | 1,190,976.00 | 947,754.00 | 0.24% |
| ALSTOM S.A. 0,00 21-110129 | 900,000 | EUR | 890,343.00 | 719,968.50 | 0.18% |
| AP MOELLER-MAERSK 0,75 21-251131 | 1,000,000 | EUR | 988,080.00 | 801,680.00 | 0.20% |
| ARGENTA BANQUE FRN 22-080229 | 4,500,000 | EUR | 4,494,600.00 | 3,844,980.00 | 0.98% |
| ARION BANK 0,375 21-140725 | 4,000,000 | EUR | 3,990,960.00 | 3,620,120.00 | 0.92% |
| ASSICURAZIONI GENERALI 2,124 19-011030 | 3,000,000 | EUR | 3,146,766.00 | 2,384,250.00 | 0.60% |
| ASSICURAZIONI GENERALI 2,429 20-140731 | 2,000,000 | EUR | 2,083,690.00 | 1,576,540.00 | 0.40% |
| ASTM SpA 1,50 21-250130 | 3,600,000 | EUR | 3,552,192.00 | 2,786,832.00 | 0.71% |
| ASTM SpA 2,375 21-251133 | 2,500,000 | EUR | 2,492,525.00 | 1,845,062.50 | 0.47% |
| ATOS SE 1,00 21-121129 | 3,000,000 | EUR | 2,975,100.00 | 1,777,290.00 | 0.45% |
| ATRIUM EUR REAL ESTATE FRN 21-PERPETUAL | 4,500,000 | EUR | 4,356,580.00 | 2,630,407.50 | 0.67% |
| AXA LOGISTICS EUR 0,375 21-151126 | 1,800,000 | EUR | 1,790,064.00 | 1,570,590.00 | 0.40% |
| AXA LOGISTICS EUR 0,875 21-151129 | 1,200,000 | EUR | 1,190,988.00 | 910,812.00 | 0.23% |
| AXA S.A. FRN 21-071041 | 1,500,000 | EUR | 1,482,660.00 | 1,155,195.00 | 0.29% |
| BANCO DE SABADELL FRN 20-110327 | 4,000,000 | EUR | 4,096,776.00 | 3,669,980.00 | 0.93% |
| BANKINTER S.A. 0,625 20-061027 | 1,100,000 | EUR | 1,079,993.00 | 940,225.00 | 0.24% |
| BELGIUM KINGDOM OLO 1,25 18-220433 | 2,100,000 | EUR | 2,400,654.68 | 1,956,874.50 | 0.50% |
| BNP PARIBAS S.A. FRN 19-040626 | 1,000,000 | EUR | 998,060.00 | 932,770.00 | 0.24% |
| BNP PARIBAS S.A. FRN 20-141027 | 2,000,000 | EUR | 1,995,620.00 | 1,773,540.00 | 0.45% |
| BPCE FRN 22-140128 | 4,000,000 | EUR | 3,974,480.00 | 3,516,320.00 | 0.89% |
| BTPS 1,50 20-300445 | 8,500,000 | EUR | 7,673,991.00 | 5,891,860.00 | 1.49% |
| CA-IMMOBILIEN ANLAGEN 1,0 20-271025 | 1,000,000 | EUR | 997,322.00 | 877,275.00 | 0.22% |
| CAIXABANK S.A.. FRN 21-180631 | 3,500,000 | EUR | 3,516,899.00 | 3,046,330.00 | 0.77% |
| CBRE CI OPEN-END 0,50 21-270128 | 1,000,000 | EUR | 998,880.00 | 828,605.00 | 0.21% |
| CESKA SPORITELNA FRN 21-130928 | 3,300,000 | EUR | 3,295,908.00 | 2,747,893.50 | 0.70% |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| CHANEL CERES 1,00 20-310731 | 600,000 | EUR | 596,400.00 | 497,457.00 | 0.13% |
| CHANEL CERES PLC 0,50 20-310726 | 500,000 | EUR | 498,630.00 | 459,202.50 | 0.12% |
| CHILE 0,83 19-020731 | 2,000,000 | EUR | 2,062,087.00 | 1,566,030.00 | 0.40% |
| CIE SAINT GOBAIN 1,875 19-150331 | 1,000,000 | EUR | 1,090,170.00 | 887,045.00 | 0.23% |
| CITYCON OYJ FRN 19-PERPETUAL | 4,300,000 | EUR | 4,314,710.00 | 2,974,374.50 | 0.75% |
| CITYCON OYJ FRN 21-PERPETUAL | 3,000,000 | EUR | 2,962,890.00 | 1,743,855.00 | 0.44% |
| CITYCON TREASURY 1,625 21-120328 | 2,000,000 | EUR | 2,030,634.00 | 1,478,240.00 | 0.38% |
| CK HITCHINSON 1,00 21-021133 | 6,000,000 | EUR | 5,938,260.00 | 4,461,180.00 | 1.13% |
| COFINIMMO -SICAFI- S.A. 0,875 20-021230 | 1,500,000 | EUR | 1,516,690.00 | 1,112,925.00 | 0.28% |
| COMMERZBANK A.G. FR 22-140927 | 3,000,000 | EUR | 2,984,130.00 | 2,935,635.00 | 0.74% |
| COVIVIO 1,125 19-170931 | 1,000,000 | EUR | 997,112.00 | 777,980.00 | 0.20% |
| CPI PROPERTY 1,625 19-230427 | 1,000,000 | EUR | 975,747.50 | 801,365.00 | 0.20% |
| CPI PROPERTY 1,75 22-140130 | 4,000,000 | EUR | 3,921,840.00 | 2,838,520.00 | 0.72% |
| CTP B.V. 0,75 21-180227 | 1,000,000 | EUR | 994,114.62 | 781,575.00 | 0.20% |
| CTP N.V. 1,50 21-270931 | 1,000,000 | EUR | 993,930.00 | 607,720.00 | 0.15% |
| DANFOSS FINANCE 0,375 21-281028 | 1,000,000 | EUR | 991,550.00 | 856,250.00 | 0.22% |
| DANONE FRN 17-PERPETUAL | 600,000 | EUR | 608,078.77 | 581,952.00 | 0.15% |
| DANONE FRN 21-PERPETUAL | 1,100,000 | EUR | 1,100,000.00 | 907,472.50 | 0.23% |
| DERICHEBOURG 2,25 21-150728 | 2,000,000 | EUR | 2,050,413.50 | 1,636,410.00 | 0.42% |
| DE VOLKSBANK N.V. 0,375 21-030328 | 1,200,000 | EUR | 1,191,924.00 | 992,766.00 | 0.25% |
| DIC ASSET A.G. 2,25 21-220926 | 3,000,000 | EUR | 2,983,500.00 | 2,020,560.00 | 0.51% |
| DIGITAL DUTCH FINCO 1,00 20-150132 | 1,000,000 | EUR | 996,536.00 | 716,130.00 | 0.18% |
| DIGITAL INTREPID 0,625 21-150731 | 1,300,000 | EUR | 1,293,695.00 | 922,571.00 | 0.23% |
| DONG ENERGY FRN 13-PERPETUAL | 99,000 | EUR | 118,235.70 | 100,899.81 | 0.03% |
| DRAX FINCO PLC 2,625 20-011125 | 2,000,000 | EUR | 2,051,882.50 | 1,832,660.00 | 0.46% |
| DS SMITH PLC 0,875 19-120926 | 1,000,000 | EUR | 993,788.00 | 898,855.00 | 0.23% |
| EDP-ENERGIAS DE PORT FRN 21-020881 | 3,000,000 | EUR | 3,004,179.00 | 2,431,590.00 | 0.62% |
| ENBW ENERGIE BADEN FRN 21-310881 | 3,000,000 | EUR | 3,000,000.00 | 2,217,405.00 | 0.56% |
| ENBW FRN 19-050879 | 1,000,000 | EUR | 996,250.00 | 785,325.00 | 0.20% |
| ENEL FINANCE INTERNATIONAL 0,875 21-280934 | 1,500,000 | EUR | 1,492,680.00 | 1,047,720.00 | 0.27% |
| ENGIE S.A. FRN 20-PERPETUAL | 1,000,000 | EUR | 996,270.00 | 767,330.00 | 0.19% |
| EQT AB 2,375 22-060428 | 2,500,000 | EUR | 2,488,275.00 | 2,290,800.00 | 0.58% |
| ERG SpA 0,875 21-150931 | 2,400,000 | EUR | 2,394,048.00 | 1,863,588.00 | 0.47% |
| EUROFIMA 0,10 20-200530 | 1,100,000 | EUR | 1,114,142.00 | 947,402.50 | 0.24% |
| EUROPEAN INVESTMENT BANK 0,01 20-151135 | 700,000 | EUR | 701,925.00 | 513,761.50 | 0.13% |
| EUROPEAN UNION 0,40 21-040237 | 3,000,000 | EUR | 3,010,838.00 | 2,308,590.00 | 0.59% |
| EVONIK INDUSTRIES 1,375 21-020981 | 3,000,000 | EUR | 2,981,250.00 | 2,372,745.00 | 0.60% |
| EVONIK INDUSTRIES 2,25 22-250927 | 1,500,000 | EUR | 1,490,790.00 | 1,430,880.00 | 0.36% |
| FAURECIA SE 2,375 21-150629 | 7,000,000 | EUR | 7,080,400.00 | 4,941,755.00 | 1.25% |
| FAURECIA SE 2,75 21-150227 | 2,500,000 | EUR | 2,500,000.00 | 1,955,512.50 | 0.50% |
| FLUVIUS SYSTEM 0,25 20-021230 | 800,000 | EUR | 799,368.00 | 615,076.00 | 0.16% |
| GERMANY 0,00 20-150830 | 1,000,000 | EUR | 1,047,170.00 | 908,715.00 | 0.23% |
| GLOBALWORTH REAL ESTATE 2,95 20-290726 | 1,500,000 | EUR | 1,465,410.00 | 1,208,032.50 | 0.31% |
| GTC AURORA LUX 2,25 21-230626 | 7,500,000 | EUR | 7,511,670.00 | 5,739,150.00 | 1.46% |
| H&M FINANCE B.V. 0,25 21-250829 | 1,000,000 | EUR | 987,740.00 | 791,960.00 | 0.20% |
| HERA SpA 1,00 21-250434 | 2,200,000 | EUR | 2,180,310.00 | 1,543,058.00 | 0.39% |
| HUNGARY 1,75 20-050635 | 3,400,000 | EUR | 3,568,099.00 | 2,412,130.00 | 0.61% |
| IBERDROLA FRN 21-PERPETUAL | 500,000 | EUR | 500,000.00 | 366,230.00 | 0.09% |
| IBERDROLA FRN 21-PERPETUAL | 1,000,000 | EUR | 1,000,000.00 | 831,320.00 | 0.21% |
| IBERDROLA INTER FRN 20-PERPETUAL | 1,000,000 | EUR | 1,000,000.00 | 877,610.00 | 0.22% |
| IBERDROLA INTERNATIONAL B.V. FRN 17-PERPETUAL | 1,000,000 | EUR | 1,023,238.00 | 981,920.00 | 0.25% |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| IBERDROLA INTERNATIONAL B.V. FRN 20-PERPETUAL | 800,000 | EUR | 800,000.00 | 623,652.00 | 0.16% |
| IMERYS 1,00 21-150731 | 800,000 | EUR | 794,944.00 | 581,664.00 | 0.15% |
| ING GROEP N.V. FRN 21-090632 | 2,500,000 | EUR | 2,494,840.00 | 2,107,600.00 | 0.53% |
| ING GROUP N.V. FRN 22-230526 | 1,600,000 | EUR | 1,598,848.00 | 1,560,360.00 | 0.40% |
| INTESA SAN PAOLO SpA 0,75 21-160328 | 2,000,000 | EUR | 2,006,595.56 | 1,701,440.00 | 0.43% |
| IRELAND 1,35 18-180331 | 1,500,000 | EUR | 1,712,006.00 | 1,451,167.50 | 0.37% |
| IREN SpA 0,25 20-170131 | 1,000,000 | EUR | 990,300.00 | 732,085.00 | 0.19% |
| IREN SpA 0,875 19-141029 | 1,100,000 | EUR | 1,110,600.00 | 901,263.00 | 0.23% |
| JAB HLDG B.V. 4,75 22-290632 | 4,000,000 | EUR | 3,999,680.00 | 4,005,060.00 | 1.02% |
| KBC GROUP FRN 20-160627 | 1,100,000 | EUR | 1,100,323.00 | 996,319.50 | 0.25% |
| KFW 0,00 20-150928 | 4,600,000 | EUR | 4,354,124.00 | 4,164,886.00 | 1.06% |
| KFW 0,50 18-280926 | 725,000 | EUR | 768,171.04 | 699,490.88 | 0.18% |
| KOJAMO OYJ 2,00 22-310326 | 1,500,000 | EUR | 1,491,120.00 | 1,341,900.00 | 0.34% |
| KOJAMO PLC 0,875 21-280529 | 2,000,000 | EUR | 1,980,880.00 | 1,338,710.00 | 0.34% |
| KONINKIJKE AHOLD DL 0,375 21-180330 | 1,000,000 | EUR | 996,300.00 | 806,100.00 | 0.20% |
| KONINKLIJKE DSM 0,625 20-230632 | 1,100,000 | EUR | 1,099,519.00 | 863,153.50 | 0.22% |
| KUTXABANK S.A. FRN 21-141027 | 4,000,000 | EUR | 3,986,532.00 | 3,533,960.00 | 0.90% |
| LAR ESPANA 1,75 21-220726 | 4,000,000 | EUR | 4,061,699.00 | 3,516,320.00 | 0.89% |
| LAR ESPANA REAL ESTATE 1,843 21-031128 | 1,000,000 | EUR | 1,000,000.00 | 803,840.00 | 0.20% |
| MEDIOBANCA 1,00 20-080927 | 1,500,000 | EUR | 1,521,844.00 | 1,319,092.50 | 0.33% |
| MERCEDES-BENZ 0,75 20-100930 | 1,300,000 | EUR | 1,314,500.00 | 1,089,478.00 | 0.28% |
| MERCEDES-BENZ 0,75 21-110333 | 1,600,000 | EUR | 1,588,160.00 | 1,221,432.00 | 0.31% |
| MOROCCO 1,50 19-271131 | 4,000,000 | EUR | 3,770,000.00 | 2,669,940.00 | 0.68% |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT A.G. 1,00 21-260542 | 3,500,000 | EUR | 3,477,425.00 | 2,529,187.50 | 0.64% |
| MUNICH RE FRN 20-260541 | 1,300,000 | EUR | 1,287,035.00 | 999,953.50 | 0.25% |
| NE PROPERTY B.V. 2,00 22-200130 | 2,400,000 | EUR | 2,369,112.00 | 1,713,624.00 | 0.43% |
| NE PROPERTY B.V. 3,375 20-140727 | 5,000,000 | EUR | 5,478,185.00 | 4,321,850.00 | 1.10% |
| NESTLE OYJ 0,75 21-250328 | 4,100,000 | EUR | 4,069,767.00 | 3,632,477.00 | 0.92% |
| NETHERLANDS GOVT 0,50 19-150140 | 800,000 | EUR | 878,339.00 | 629,060.00 | 0.16% |
| NIBC BANK 0,25 21-090926 | 4,500,000 | EUR | 4,496,670.00 | 3,875,445.00 | 0.98% |
| NN BANK N.V. NETHERLAN 0,50 21-210928 | 3,000,000 | EUR | 2,994,030.00 | 2,517,330.00 | 0.64% |
| NOBIAN FINANCE 3,625 21-150726 | 4,000,000 | EUR | 3,998,130.00 | 3,102,180.00 | 0.79% |
| NRW.BANK 0,00 21-030231 | 1,000,000 | EUR | 1,023,190.00 | 841,305.00 | 0.21% |
| OI EUROPEAN GROUP 2,875 19-150225 | 2,000,000 | EUR | 2,023,293.00 | 1,819,440.00 | 0.46% |
| ORSTED A/SA.S. FRN 19-PERPETUAL | 500,000 | EUR | 495,395.00 | 423,645.00 | 0.11% |
| ORSTED A/SA.S. FRN 21-18023021 | 2,350,000 | EUR | 2,351,875.00 | 1,728,260.50 | 0.44% |
| P3 GROUP 0,875 22-260126 | 2,300,000 | EUR | 2,284,498.00 | 1,983,566.00 | 0.50% |
| P3 GROUP 1,625 22-260129 | 2,300,000 | EUR | 2,281,508.00 | 1,708,566.50 | 0.43% |
| PAPREC HLDG 3,50 21-010728 | 6,000,000 | EUR | 6,050,930.00 | 4,709,580.00 | 1.19% |
| PAPREC HLDG S.A. 4,00 18-310325 | 2,700,000 | EUR | 2,708,687.50 | 2,363,715.00 | 0.60% |
| PROLOGIS INTERNATIONAL 0,75 21-230333 | 1,200,000 | EUR | 1,195,212.00 | 844,008.00 | 0.21% |
| PROLOGIS INTERNATIONAL 3,125 22-010631 | 1,000,000 | EUR | 997,680.00 | 941,825.00 | 0.24% |
| PROXIMUS S.A. 0,75 21-171136 | 1,500,000 | EUR | 1,467,945.00 | 1,074,390.00 | 0.27% |
| RAIFFEISENBANK FRN 21-090628 | 1,200,000 | EUR | 1,206,332.00 | 996,000.00 | 0.25% |
| RAIFFEISEN BANK INTERNATIONAL FRN 21-170633 | 1,500,000 | EUR | 1,492,065.00 | 1,061,940.00 | 0.27% |
| REXEL S.A. 2,125 21-150628 | 1,750,000 | EUR | 1,756,562.50 | 1,385,212.50 | 0.35% |
| REXEL S.A. 2,125 21-151228 | 3,000,000 | EUR | 3,000,000.00 | 2,333,445.00 | 0.59% |
| SATO OYJ 1,375 20-240228 | 1,200,000 | EUR | 1,200,624.00 | 958,188.00 | 0.24% |
| SCHNEIDER ELECTRICCV 0,00 20-150626 | 10,370 | EUR | 1,996,845.70 | 1,790,722.71 | 0.45% |
| SECHE ENVIRONNEMENT 2,25 21-151128 | 1,000,000 | EUR | 945,800.00 | 794,455.00 | 0.20% |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| SEGRO CAPITAL 1,25 22-230326 | 500,000 | EUR | 498,045.00 | 466,337.50 | 0.12% |
| SEGRO CAPITAL 1,875 22-230330 | 500,000 | EUR | 494,150.00 | 439,692.50 | 0.11% |
| SERBIA 1,00 21-230928 | 4,500,000 | EUR | 4,421,475.00 | 3,295,395.00 | 0.84% |
| SIEMENS FINANCE 0,50 19-050934 | 700,000 | EUR | 696,681.00 | 522,630.50 | 0.13% |
| SIGNIFY N.V. 2,375 20-110527 | 1,000,000 | EUR | 1,043,500.00 | 951,380.00 | 0.24% |
| SMURFIT KAPPA TREA 1,00 21-220933 | 4,500,000 | EUR | 4,474,425.00 | 3,230,527.50 | 0.82% |
| SNAM SPA0,75 20-170630 | 2,000,000 | EUR | 4,102,130.00 | 1,605,330.00 | 0.41% |
| SOLVAY FINANCE FRN 13-PERPETUAL | 900,000 | EUR | 1,027,128.00 | 889,087.50 | 0.23% |
| SOLVAY FINANCE FRN 15-PERPETUAL | 500,000 | EUR | 573,650.00 | 492,170.00 | 0.12% |
| SOLVAY FRN 20-PERPETUAL | 4,000,000 | EUR | 4,095,188.00 | 3,446,960.00 | 0.87% |
| SPAIN KINGDOM 1,00 21-300742 | 6,500,000 | EUR | 6,008,770.00 | 4,679,447.50 | 1.19% |
| SPAREBANK 1 SMN 0,01 21-180228 | 1,300,000 | EUR | 1,292,018.00 | 1,107,567.50 | 0.28% |
| SSE PLC 1,75 20-160430 | 1,000,000 | EUR | 1,084,610.00 | 886,810.00 | 0.23% |
| SSE PLC FRN 20-PERPETUAL | 600,000 | EUR | 624,250.20 | 524,793.00 | 0.13% |
| STEDIN HLDG 0,50 19-141129 | 900,000 | EUR | 901,534.00 | 745,641.00 | 0.19% |
| STEDIN HLDG FRN 21-PERPETUAL | 1,000,000 | EUR | 1,000,000.00 | 845,950.00 | 0.21% |
| STOREBRAND LIVSFOR FRN 21-300951 | 2,500,000 | EUR | 2,471,000.00 | 1,898,387.50 | 0.48% |
| SVENSKA HANDELSBANKEN 0,01 20-021227 | 1,000,000 | EUR | 999,580.00 | 856,715.00 | 0.22% |
| SWISSCOM FINANCE B.V. 0,375 20-141128 | 1,100,000 | EUR | 1,116,187.00 | 976,893.50 | 0.25% |
| SYMRISE 1,375 20-010727 | 1,100,000 | EUR | 1,126,571.00 | 1,018,908.00 | 0.26% |
| TALANX A.G. FRN 21-011242 | 1,400,000 | EUR | 1,387,834.00 | 1,092,987.00 | 0.28% |
| TATRA BANKA FRN 21-230428 | 3,500,000 | EUR | 3,485,580.00 | 2,884,140.00 | 0.73% |
| TELECOM ITALIA SpA 1,625 21-180129 | 3,800,000 | EUR | 3,626,293.00 | 2,773,411.00 | 0.70% |
| TELEFONICA EUROPE FRN 20-PERPETUAL | 2,000,000 | EUR | 2,015,175.00 | 1,641,560.00 | 0.42% |
| TELEFONICA EUROPE FRN 21-PERPETUAL | 3,300,000 | EUR | 3,300,000.00 | 2,350,656.00 | 0.60% |
| TELIA CO FRN 20-110581 | 800,000 | EUR | 792,800.00 | 709,956.00 | 0.18% |
| TEMA SpA FRN 22-PERPETUAL | 1,200,000 | EUR | 1,195,032.00 | 898,794.00 | 0.23% |
| TRANSMISSION FINANCE 0,375 21-180628 | 1,500,000 | EUR | 1,487,235.00 | 1,248,067.50 | 0.32% |
| TRIODOS BANK N.V. FRN 21-050232 | 3,000,000 | EUR | 2,984,910.00 | 2,642,670.00 | 0.67% |
| TRITAX EUROBOX 0,95 21-020626 | 1,000,000 | EUR | 991,300.00 | 895,325.00 | 0.23% |
| UMICORE S.A. 0,00 20-230625 | 6,100,000 | EUR | 6,468,170.00 | 5,391,027.50 | 1.37% |
| UNICREDIT SpA FRN 21-050729 | 2,250,000 | EUR | 2,248,942.50 | 1,853,235.00 | 0.47% |
| UNNICAJA BANCO S.A. 4,50 22-300625 | 1,300,000 | EUR | 1,299,415.00 | 1,309,938.50 | 0.33% |
| UPM-KYMMENE 0,125 20-191128 | 1,000,000 | EUR | 992,672.00 | 821,455.00 | 0.21% |
| VALEO S.A.SE 1,00 21-030828 | 4,800,000 | EUR | 4,754,297.00 | 3,757,464.00 | 0.95% |
| VATTENFALL FRN 15-190377 | 1,300,000 | EUR | 1,379,400.00 | 1,140,126.00 | 0.29% |
| VEOLIA ENVIRONNEMENT FRN 20-PERPETUAL | 1,700,000 | EUR | 1,736,890.00 | 1,472,174.50 | 0.37% |
| VEOLIA ENVIRONNEMENT FRN 20-PERPETUAL | 1,500,000 | EUR | 1,500,000.00 | 1,138,290.00 | 0.29% |
| VEOLIA ENVIRONNEMENT FRN 21-PERPETUAL | 1,500,000 | EUR | 1,500,000.00 | 1,165,905.00 | 0.30% |
| VERALLIA FRANCE S.A. 1,875 21-101131 | 3,500,000 | EUR | 3,460,695.00 | 2,622,637.50 | 0.67% |
| VESTEDA FINANCE 0,75 21-181031 | 2,500,000 | EUR | 2,465,225.00 | 1,923,737.50 | 0.49% |
| VF CORP. 0,25 20-250228 | 1,400,000 | EUR | 1,378,785.00 | 1,195,593.00 | 0.30% |
| VGP N.V. 1,50 21-080429 | 5,700,000 | EUR | 5,669,464.50 | 3,814,411.50 | 0.97% |
| VGP S.A. 1,625 22-170127 | 4,500,000 | EUR | 4,486,950.00 | 3,559,590.00 | 0.90% |
| VGP S.A. 2,25 22-170130 | 1,800,000 | EUR | 1,790,640.00 | 1,247,382.00 | 0.32% |
| VIA OUTLETS B.V. 1,75 21-151128 | 2,000,000 | EUR | 1,987,620.00 | 1,674,470.00 | 0.42% |
| VOLVO CAR AB 2,50 20-071027 | 1,000,000 | EUR | 1,049,385.00 | 870,890.00 | 0.22% |
| VONOVIA SE 0,625 21-240331 | 1,500,000 | EUR | 1,496,385.00 | 1,088,955.00 | 0.28% |
| VONOVIA SE 2,375 22-250332 | 500,000 | EUR | 495,015.00 | 412,642.50 | 0.10% |
| VZ SECURED FINANCE 3,50 22-150132 | 3,600,000 | EUR | 3,593,700.00 | 2,724,732.00 | 0.69% |
| ZF FINANCE GMBH 2,00 21-060527 | 4,500,000 | EUR | 4,548,299.60 | 3,481,402.50 | 0.88% |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| ZF FINANCE GMBH 2,25 21-030528 | 1,000,000 | EUR | 992,620.00 | 737,590.00 | 0.19% |
| Total EURO |  |  | 405,140,598.37 | 321,695,726.40 | 81.62% |
| ANGLIAN WATER OS 2,00 21-310728 | 600,000 | GBP | 697,453.53 | 610,650.55 | 0.15% |
| BARCLAYS FRN 20-031126 | 1,000,000 | GBP | 1,105,752.46 | 1,059,177.51 | 0.27% |
| JUSTE GROUP PLC FRN 20-150431 | 3,000,000 | GBP | 4,054,307.56 | 3,482,882.20 | 0.88% |
| ORSTED A/SA.S. FRN 21-18023021 | 500,000 | GBP | 570,678.54 | 396,009.52 | 0.10% |
| SCOTTISH HYDRO ELECT 1,50 21-240328 | 1,500,000 | GBP | 1,747,772.00 | 1,556,171.58 | 0.39% |
| Total BRITISH POUND |  |  | 8,175,964.09 | 7,104,891.36 | 1.80% |
| WORLD BANK 4,25 21-220126 | 193,430,000 | MXN | 7,644,138.97 | 7,761,043.17 | 1.97% |
| Total NEW MEXICAN PESO |  |  | 7,644,138.97 | 7,761,043.17 | 1.97% |
| KFW 1,25 19-280823 | 45,000,000 | NOK | 4,367,694.93 | 4,285,930.05 | 1.09% |
| SALMAR ASA FRN 21-220127 | 12,500,000 | NOK | 1,232,134.05 | 1,200,217.84 | 0.30% |
| Total NORWEGIAN KRONE |  |  | 5,599,828.98 | 5,486,147.89 | 1.39% |
| KFW 0,625 21-250725 | 21,500,000 | PLN | 4,684,429.78 | 3,751,149.96 | 0.95% |
| KFW 3,90 22-180124 | 10,000,000 | PLN | 2,203,443.98 | 2,012,637.89 | 0.51% |
| Total POLISH ZLOTY |  |  | 6,887,873.76 | 5,763,787.85 | 1.46% |
| INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMENT 4,25 21-220126 | 470,000,000 | RUB | 4,988,359.40 | 4,684,607.99 | 1.19% |
| Total RUSSIAN RUBLE |  |  | 4,988,359.40 | 4,684,607.99 | 1.19% |
| KOMMUNINVEST 0,875 21-160529 | 19,000,000 | SEK | 1,896,333.74 | 1,514,817.77 | 0.38% |
| SWEDEN 0,125 20-090930 | 16,000,000 | SEK | 1,569,747.26 | 1,316,684.63 | 0.33% |
| VATTENFALL FRN 21-260583 | 9,000,000 | SEK | 883,652.43 | 773,028.94 | 0.20% |
| Total SWEDISH KRONA |  |  | 4,349,733.43 | 3,604,531.34 | 0.91% |
| BNP PARIBAS S.A. FRN 21-300627 | 200,000 | USD | 167,392.04 | 169,003.78 | 0.04% |
| EDP FINANCE B.V. 1,71 20-240128 | 2,000,000 | USD | 1,665,013.01 | 1,631,680.14 | 0.41% |
| KLABIN AUSTRIA GMBH 3,20 21-120131 | 4,000,000 | USD | 3,172,925.75 | 2,933,148.40 | 0.74% |
| MOROCCO 5,50 12-111242 | 800,000 | USD | 814,889.31 | 560,137.74 | 0.14% |
| XYLEM INC. 1,95 20-300128 | 2,000,000 | USD | 1,764,056.38 | 1,690,889.09 | 0.43% |
| Total U.S. DOLLAR |  |  | 7,584,276.49 | 6,984,859.15 | 1.77% |
| Total Bonds |  |  | 465,502,399.66 | 377,754,083.53 | 95.84% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 465,502,399.66 | 377,754,083.53 | 95.84% |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Other Transferable Securities | 0 | EUR |  |  |  |
| HAPAG-LLOYD A.G. 2,50 21-150428 | 0.00 | 0.00 | 0.00% |
| Total EURO | 0.00 | 0.00 | 0.00% |
| Total Other Transferable Securities | 0.00 | 0.00 | 0.00% |
| Total Portfolio | 465,502,399.66 | 377,754,083.53 | 95.84% |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Bonds |  |  |  |  |  |
| AUSTRALIA 1,00 20-211131 | 750,000 | AUD | 429,291.34 | 393,536.03 | 0.45% |
| AUSTRALIA 2,75 15-211127 | 1,700,000 | AUD | 1,182,038.02 | 1,090,354.85 | 1.25% |
| AUSTRALIA 3,00 16-210347 | 600,000 | AUD | 458,168.19 | 344,545.66 | 0.39% |
| AUSTRALIA GOVT 2,75 18-210541 | 750,000 | AUD | 547,910.81 | 425,097.84 | 0.49% |
| AUSTRALIAN GOVT 2,25 17-211122 | 3,000,000 | AUD | 2,068,675.03 | 1,976,150.23 | 2.26% |
| AUSTRALIAN -INFLATION LINKED- 0,25 21-211132 | 700,000 | AUD | 412,629.64 | 425,331.67 | 0.49% |
| Total AUSTRALIAN DOLLAR |  |  | 5,098,713.03 | 4,655,016.28 | 5.33% |
| CANADA 1,00 16-010627 | 5,300,000 | CAD | 3,571,297.08 | 3,560,693.71 | 4.08% |
| CANADA 2,25 22-011229 | 1,100,000 | CAD | 786,578.43 | 768,433.87 | 0.88% |
| CANADA 3,50 11-011245 | 800,000 | CAD | 775,159.53 | 622,594.64 | 0.71% |
| CANADA -INFLATION LINKED- 4,00 99-011231 | 200,000 | CAD | 298,492.19 | 306,385.95 | 0.35% |
| CANADIAN GOVT 1,25 19-010630 | 750,000 | CAD | 500,852.26 | 480,872.05 | 0.55% |
| CANADIAN GOVT 2,00 22-010632 | 650,000 | CAD | 433,167.53 | 432,425.57 | 0.49% |
| Total CANADIAN DOLLAR |  |  | 6,365,547.02 | 6,171,405.79 | 7.06% |
| SWISS CONFEDERATION 0,50 15-270530 | 2,350,000 | CHF | 2,453,584.38 | 2,290,633.68 | 2.62% |
| SWITZERLAND 0,50 18-270632 | 2,200,000 | CHF | 2,094,933.54 | 2,090,670.39 | 2.39% |
| SWITZERLAND 1,50 13-240725 | 1,500,000 | CHF | 1,547,105.63 | 1,556,776.40 | 1.78% |
| SWITZERLAND 3,25 07-270627 | 650,000 | CHF | 739,294.84 | 736,521.63 | 0.84% |
| Total SWISS FRANC |  |  | 6,834,918.39 | 6,674,602.10 | 7.64% |
| DENMARK KINGDOM 0,50 18-151129 | 29,000,000 | DKK | 4,114,652.21 | 3,612,594.38 | 4.14% |
| DENMARK KINGDOM 1,50 11-151123 | 1,400,000 | DKK | 192,061.06 | 190,747.45 | 0.22% |
| DENMARK KINGDOM -INFLATION LINKED- 0,10 18-151130 | 1,300,000 | DKK | 211,279.63 | 204,145.58 | 0.23% |
| Total DANISH KRONE |  |  | 4,517,992.90 | 4,007,487.41 | 4.59% |
| AUSTRIA 0,75 18-200228 | 600,000 | EUR | 643,500.00 | 578,226.00 | 0.66% |
| AUSTRIA 1,85 22-230549 | 800,000 | EUR | 795,632.00 | 737,056.00 | 0.84% |
| AUSTRIA 2,40 13-230534 | 1,000,000 | EUR | 1,319,327.27 | 1,044,000.00 | 1.20% |
| BELGIUM KINGDOM OLO 1,25 18-220433 | 500,000 | EUR | 560,820.00 | 465,922.50 | 0.53% |
| BELGIUM KINGDOM OLO 88 1,7 19-22062050 | 600,000 | EUR | 758,377.00 | 493,785.00 | 0.57% |
| BELGIUM OLO 0,20 16-221023 | 3,000,000 | EUR | 3,019,825.45 | 2,988,465.00 | 3.42% |
| BELGIUM OLO 87 0,90 19-220629 | 1,600,000 | EUR | 1,752,683.26 | 1,529,960.00 | 1.75% |
| BUNDESREPUB DEUTSCH 0,00 22-150232 | 100,000 | EUR | 91,124.00 | 88,036.50 | 0.10% |
| DEUTSCHLAND -INFLATION LINKED- 0,10 15-150426 | 500,000 | EUR | 578,805.00 | 617,296.98 | 0.71% |
| EIB 0,00 20-250325 | 550,000 | EUR | 535,856.20 | 532,163.50 | 0.61% |
| EUROPEAN INVESTMENT BANK 4,125 07-150424 | 550,000 | EUR | 585,255.00 | 580,508.50 | 0.66% |
| EUROPEAN UNION 0,00 20-041125 | 300,000 | EUR | 287,433.00 | 288,049.50 | 0.33% |
| EXPORT DEVELOPMENT 0,00 20-270125 | 400,000 | EUR | 406,140.00 | 386,454.00 | 0.44% |
| FINLAND 1,125 18-150434 | 1,600,000 | EUR | 1,836,637.33 | 1,455,752.00 | 1.67% |
| FRANCE -INFLATION LINKED- 0,10 21-250738 | 700,000 | EUR | 811,640.14 | 751,099.92 | 0.86% |
| FRANCE OAT 0,00 21-250227 | 100,000 | EUR | 95,772.00 | 94,169.50 | 0.11% |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| FRANCE OAT 0,50 18-250529 | 1,700,000 | EUR | 1,742,382.00 | 1,585,828.00 | 1.82% |
| FRANCE OAT 1,50 18-250550 | 200,000 | EUR | 252,538.00 | 162,536.00 | 0.19% |
| FRANCE OAT 1,75 17-250639 | 2,500,000 | EUR | 2,914,595.40 | 2,338,750.00 | 2.68% |
| FRANCE OAT -INFLATION LINKED- 0,10 19-010329 | 300,000 | EUR | 345,827.80 | 349,647.38 | 0.40% |
| FRANCE TREASURY 0,00 21-250532 | 700,000 | EUR | 603,652.00 | 580,321.00 | 0.66% |
| GERMANY 0,00 18-140423 | 1,200,000 | EUR | 1,198,488.00 | 1,197,450.00 | 1.37% |
| IRELAND 1,35 18-180331 | 4,500,000 | EUR | 5,157,092.05 | 4,353,502.50 | 4.98% |
| IRISH TREASURY 1,00 16-150526 | 400,000 | EUR | 404,260.00 | 398,332.00 | 0.46% |
| IRISH TREASURY 1,50 19-150550 | 50,000 | EUR | 39,945.00 | 40,257.25 | 0.05% |
| KFW 0,00 20-151227 | 1,350,000 | EUR | 1,295,759.70 | 1,240,548.75 | 1.42% |
| KFW 0,125 22-090132 | 2,000,000 | EUR | 1,834,139.00 | 1,683,630.00 | 1.93% |
| KFW 0,375 16-090326 | 400,000 | EUR | 392,920.00 | 386,758.00 | 0.44% |
| KFW 0,625 17-220227 | 1,000,000 | EUR | 1,062,109.28 | 962,135.00 | 1.10% |
| KFW 1,25 16-040736 | 1,500,000 | EUR | 1,769,909.87 | 1,311,877.50 | 1.50% |
| KFW 1,375 22-070632 | 1,200,000 | EUR | 1,192,260.00 | 1,134,132.00 | 1.30% |
| KFW 2,00 22-151129 | 250,000 | EUR | 247,935.00 | 253,623.75 | 0.29% |
| NETHERLANDS GOVT 0,50 19-150140 | 900,000 | EUR | 994,526.00 | 707,692.50 | 0.81% |
| REPUBLIKA SLOVENIJA 1,25 17-220327 | 5,250,000 | EUR | 5,747,691.92 | 5,224,852.50 | 5.98% |
| SLOVENIA 0,125 21-010731 | 1,150,000 | EUR | 1,168,913.67 | 954,655.25 | 1.09% |
| Total EURO |  |  | 42,443,772.34 | 37,497,474.28 | 42.92% |
| KFW 1,25 22-310726 | 1,000,000 | GBP | 1,190,569.09 | 1,111,797.16 | 1.27% |
| UK TREASURY 1,25 17-220727 | 900,000 | GBP | 1,113,983.05 | 1,013,467.12 | 1.16% |
| UK TREASURY 1,75 12-070922 | 300,000 | GBP | 351,162.43 | 348,854.55 | 0.40% |
| UK TREASURY 3,50 14-220145 | 900,000 | GBP | 1,578,729.55 | 1,199,808.32 | 1.37% |
| UK TREASURY -INFLATION LINKED- 0,125 15-220346 | 200,000 | GBP | 384,812.93 | 373,635.14 | 0.43% |
| UK TREASURY -INFLATION LINKED- 0,125 18-100828 | 350,000 | GBP | 539,106.46 | 452,845.02 | 0.52% |
| UNITED KINGDOM GILT 0,875 21-310733 | 500,000 | GBP | 583,146.79 | 498,147.07 | 0.57% |
| Total BRITISH POUND |  |  | 5,741,510.30 | 4,998,554.38 | 5.72% |
| JAPAN 0,10 19-200929 | 110,000,000 | JPY | 923,532.61 | 771,171.38 | 0.88% |
| JAPAN GOVT 0,70 21-200951 | 5,000,000 | JPY | 38,815.00 | 30,924.88 | 0.04% |
| JAPAN -INFLATION LINKED- 0,20 20-100330 | 135,000,000 | JPY | 1,082,583.91 | 1,042,463.28 | 1.19% |
| JAPAN TREASURY 0,005 21-010923 | 118,500,000 | JPY | 861,968.86 | 835,375.75 | 0.96% |
| JAPAN TREASURY 0,005 21-201226 | 70,000,000 | JPY | 530,794.93 | 493,249.12 | 0.56% |
| Total JAPANESE YEN |  |  | 3,437,695.31 | 3,173,184.41 | 3.63% |
| NORWAY 2,00 18-260428 | 17,000,000 | NOK | 1,765,438.90 | 1,559,037.64 | 1.78% |
| Total NORWEGIAN KRONE |  |  | 1,765,438.90 | 1,559,037.64 | 1.78% |
| NEW ZEALAND 1,50 19-150531 | 1,000,000 | NZD | 555,677.47 | 497,499.19 | 0.57% |
| NEW ZEALAND 1,75 20-150541 | 1,750,000 | NZD | 865,892.65 | 733,804.16 | 0.84% |
| NEW ZEALAND 4,50 14-150427 | 7,000,000 | NZD | 4,973,641.58 | 4,343,501.14 | 4.97% |
| NEW ZEALAND GOVT 2,00 21-150532 | 1,500,000 | NZD | 897,708.13 | 766,472.39 | 0.88% |
| Total NEW ZEALAND DOLLAR |  |  | 7,292,919.83 | 6,341,276.88 | 7.26% |
| SWEDEN 0,125 19-120531 | 7,500,000 | SEK | 693,423.61 | 611,336.30 | 0.70% |
| SWEDEN 1,00 14-121126 | 37,500,000 | SEK | 3,716,784.95 | 3,385,751.39 | 3.88% |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| SWEDEN 1,50 11-131123 | 2,100,000 | SEK | 198,820.84 | 195,736.55 | 0.22% |
| SWEDEN 3,50 09-300339 | 2,000,000 | SEK | 240,883.89 | 234,717.14 | 0.27% |
| SWEDEN -INFLATION LINKED- 0,125 17-011227 | 3,000,000 | SEK | 348,481.84 | 343,229.58 | 0.39% |
| Total SWEDISH KRONA |  |  | 5,198,395.13 | 4,770,770.96 | 5.46% |
| CANADA 2,875 22-280425 | 500,000 | USD | 460,144.49 | 475,544.03 | 0.54% |
| EIB 0,375 21-240724 | 450,000 | USD | 393,881.92 | 407,926.97 | 0.47% |
| EUROPEAN INVESTMENT 0,375 21-260326 | 2,700,000 | USD | 2,250,478.68 | 2,332,092.87 | 2.67% |
| EUROPEAN INVESTMENT BANK 1,75 22-150329 | 1,350,000 | USD | 1,179,799.31 | 1,180,670.52 | 1.35% |
| Total U.S. DOLLAR |  |  | 4,284,304.40 | 4,396,234.39 | 5.03% |
| Total Bonds |  |  | 92,981,207.55 | 84,245,044.52 | 96.43% |
| Money market instruments |  |  |  |  |  |
| JAPAN TREASURY BILLS 0,00 22-161222 | 265,000,000 | JPY | 1,842,260.88 | 1,866,727.44 | 2.14% |
| Total JAPANESE YEN |  |  | 1,842,260.88 | 1,866,727.44 | 2.14% |
| Total Money market instruments |  |  | 1,842,260.88 | 1,866,727.44 | 2.14% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 94,823,468.43 | 86,111,771.96 | 98.57% |
| Total Portfolio |  |  | 94,823,468.43 | 86,111,771.96 | 98.57% |

|  |
| --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Shares & Related Securities |  |  |  |  |  |
| ADIDAS A.G. | 500 | EUR | 105,725.00 | 84,380.00 | 0.54% |
| BNP PARIBAS S.A. | 1,750 | EUR | 92,297.73 | 79,388.75 | 0.51% |
| SIEMENS -NOM- | 500 | EUR | 69,268.36 | 48,545.00 | 0.31% |
| SOCIETE GENERALE -A- | 2,100 | EUR | 57,941.40 | 43,869.00 | 0.28% |
| WORLDLINE S.A. | 1,000 | EUR | 48,423.64 | 35,380.00 | 0.23% |
| Total EURO |  |  | 373,656.13 | 291,562.75 | 1.87% |
| ALIBABA GROUP HLDG LTD | 9,000 | HKD | 112,558.81 | 122,763.18 | 0.79% |
| LI AUTO INC. | 1,400 | HKD | 26,171.37 | 26,093.42 | 0.17% |
| Total HONG KONG DOLLAR |  |  | 138,730.18 | 148,856.60 | 0.96% |
| AMERICAN AIRLINES GROUP INC. | 2,800 | USD | 51,326.11 | 33,960.50 | 0.22% |
| CLOUDFLARE INC. -A- | 500 | USD | 47,030.16 | 20,924.00 | 0.13% |
| FORD MOTOR CO | 7,000 | USD | 142,283.24 | 74,522.93 | 0.48% |
| GUARDANT HEALTH INC. | 800 | USD | 65,735.72 | 30,869.00 | 0.20% |
| HUBSPOT INC. | 230 | USD | 95,040.38 | 66,143.29 | 0.42% |
| LYFT INC. -A- | 2,000 | USD | 79,268.42 | 25,405.33 | 0.16% |
| PALO ALTO NETWORKS INC. | 150 | USD | 69,210.39 | 70,869.96 | 0.45% |
| UBER TECHNOLOGIES INC. | 2,000 | USD | 81,305.00 | 39,141.04 | 0.25% |
| UPWORK INC. | 1,000 | USD | 44,350.48 | 19,780.96 | 0.13% |
| ZENDESK INC. | 1,000 | USD | 107,786.21 | 70,849.87 | 0.45% |
| ZIFF DAVIS INC. | 700 | USD | 77,302.11 | 49,902.91 | 0.32% |
| Total U.S. DOLLAR |  |  | 860,638.22 | 502,369.79 | 3.22% |
| Total Shares & Related Securities |  |  | 1,373,024.53 | 942,789.14 | 6.05% |
| Bonds |  |  |  |  |  |
| FLIGHT CENTRE TRAVEL 2,50 20-171127 | 400,000 | AUD | 286,744.12 | 282,195.55 | 1.81% |
| Total AUSTRALIAN DOLLAR |  |  | 286,744.12 | 282,195.55 | 1.81% |
| ACCOR CV 0,70 20-071227 | 7,400 | EUR | 388,941.87 | 304,554.40 | 1.95% |
| BASIC-FIT N.V. CV 1,50 21-170628 | 100,000 | EUR | 110,250.00 | 93,768.00 | 0.60% |
| BE SEMICONDUCTOR 1,875 22-060429 | 200,000 | EUR | 198,980.00 | 166,658.00 | 1.07% |
| CELLNEX TELECOM 0,50 19-050728 | 100,000 | EUR | 102,650.00 | 101,987.50 | 0.65% |
| DIASORIN SpA 0,00 21-050528 | 200,000 | EUR | 218,775.00 | 164,736.00 | 1.06% |
| EDENRED 1,375 15-100325 | 300,000 | EUR | 292,482.00 | 292,399.50 | 1.88% |
| GN STORE NORD CONVERTIBLE 0,00 19-210524 | 200,000 | EUR | 227,540.00 | 183,490.00 | 1.18% |
| KERING-ARCHER OBLIG 0,00 17-310323 | 100,000 | EUR | 158,750.00 | 125,381.50 | 0.80% |
| KPN-AMERICA MOVIL S.A.B. DE CV 0,00 21-020324 | 500,000 | EUR | 542,046.64 | 554,490.00 | 3.56% |
| NEOEN S.A. 2,00 20-020625 | 4,500 | EUR | 235,750.00 | 223,002.00 | 1.43% |
| NEXI SpA CONVERTIBLE 1,75 20-240427 | 400,000 | EUR | 409,480.00 | 313,804.00 | 2.01% |
| PRYSMIAN CV 0,00 21-020226 | 400,000 | EUR | 411,120.00 | 362,370.00 | 2.33% |
| SCHNEIDER ELECTRICCV 0,00 20-150626 | 900 | EUR | 193,319.29 | 155,414.70 | 1.00% |

|  |
| --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| SHOP APOTHEKE CV 0,00 21-210128 | 100,000 | EUR | 83,750.00 | 78,481.00 | 0.50% |
| SOITEC CV 0,00 20-011025 | 450 | EUR | 103,719.00 | 81,826.65 | 0.53% |
| UMICORE S.A. 0,00 20-230625 | 100,000 | EUR | 99,875.00 | 88,377.50 | 0.57% |
| Total EURO |  |  | 3,777,428.80 | 3,290,740.75 | 21.12% |
| CITYGROUP GLOBAL MARKET 0,00 21-280524 | 2,000,000 | HKD | 223,674.01 | 236,659.52 | 1.52% |
| Total HONG KONG DOLLAR |  |  | 223,674.01 | 236,659.52 | 1.52% |
| AIRBNB INC. CONVERTIBLE 0,00 22-150326 | 200,000 | USD | 164,810.81 | 158,264.86 | 1.02% |
| AKAMAI TECHNOLOGIES INC. 0,375 19-010927 | 400,000 | USD | 400,832.99 | 380,986.18 | 2.44% |
| AVALARA INC. CONVERTIBLE 0,25 21-010826 | 250,000 | USD | 216,932.24 | 188,534.85 | 1.21% |
| BENTLEY SYSTEMS CV 0,125 21-150126 | 400,000 | USD | 341,934.58 | 333,525.27 | 2.14% |
| BILL.COM HOLD CV 0,00 21-010427 | 500,000 | USD | 430,407.65 | 371,043.57 | 2.38% |
| BIOMARIN PHARMACEUTICAL CV 1,25 20-150527 | 150,000 | USD | 139,068.77 | 143,432.25 | 0.92% |
| COUPA SOFTWARE 0,125 CV 19-150625 | 300,000 | USD | 289,829.38 | 240,136.31 | 1.54% |
| CRYOPORT INC. CONVERTIBLE 0,75 21-011226 | 100,000 | USD | 87,916.94 | 73,799.32 | 0.47% |
| CYBERARK SOFTWARE 0,00 19-151124 | 150,000 | USD | 150,131.48 | 151,425.46 | 0.97% |
| DROPBOX INC. CONVERTIBLE 0,00 21-010326 | 100,000 | USD | 93,224.29 | 86,501.98 | 0.56% |
| ENPHASE ENERGY -CUM WARRANT- 0,00 21-010326 | 500,000 | USD | 456,370.80 | 470,821.18 | 3.02% |
| EXPEDIA GROUP INC. 0-150226 | 200,000 | USD | 182,309.91 | 174,731.46 | 1.12% |
| GLOBALWAFERS CV 0,00 21-010626 | 400,000 | USD | 351,038.40 | 332,109.62 | 2.13% |
| ILLUMINA CV 0,00 18-150823 | 150,000 | USD | 162,047.80 | 137,178.73 | 0.88% |
| JETBLUE AIRWAYS CORP. 0,50 -010426 | 260,000 | USD | 219,155.70 | 182,016.16 | 1.17% |
| JOYY INC. CV 1,375 19-150626 | 70,000 | USD | 58,077.70 | 56,964.84 | 0.37% |
| LCI INDUSTRIES CONVERTIBLE 1,125 21-150526 | 100,000 | USD | 98,368.63 | 86,468.02 | 0.55% |
| LENOVO GROUP CV 3,375 19-240124 | 200,000 | USD | 236,794.17 | 230,979.96 | 1.48% |
| LUMENTUM HLDG CONVERTIBLE 0,50 22-150628 | 350,000 | USD | 310,909.79 | 291,237.03 | 1.87% |
| MARRIOT VACATION 0 -150126 | 200,000 | USD | 193,834.25 | 175,085.37 | 1.12% |
| MEITUAN CONVERTIBLE 0,00 21-270427 | 200,000 | USD | 167,110.36 | 167,872.21 | 1.08% |
| NEXTERA 0,00 CV 21-150624 | 300,000 | USD | 260,488.23 | 276,040.46 | 1.77% |
| NICE LTD CONVERTIBLE 0,00 21-150925 | 350,000 | USD | 341,144.07 | 330,482.09 | 2.12% |
| PEBBLEBROOK HOTEL 1,75 20-151226 | 300,000 | USD | 299,376.23 | 259,220.43 | 1.66% |
| PERFICIENT INC. CONVERTIBLE 0,125 21-151126 | 100,000 | USD | 88,043.43 | 77,938.21 | 0.50% |
| QIAGEN N.V. 1,00 18-131124 | 400,000 | USD | 440,254.95 | 425,150.89 | 2.73% |
| SEMICONDUCTOR CORP. 0,00 -010527 | 200,000 | USD | 235,125.61 | 220,578.70 | 1.42% |
| SNAP INC. CONVERTIBLE 0,00 21-010527 | 150,000 | USD | 151,547.83 | 101,961.12 | 0.65% |
| SNAP INC. CONVERTIBLE 0,125 22-010328 | 100,000 | USD | 87,565.67 | 67,249.99 | 0.43% |
| SOFI TECHNOLOGIES CV 0,00 21-151026 | 300,000 | USD | 254,751.22 | 189,379.21 | 1.22% |
| SPLUNK INC. 1,125 18-150925 | 450,000 | USD | 437,968.04 | 404,894.54 | 2.60% |
| SREN-ELM B.V. 3,25 18-130624 | 200,000 | USD | 185,905.95 | 187,704.81 | 1.20% |
| STMICROELECTRONICS 0,00 20-040825 | 200,000 | USD | 228,427.74 | 194,257.98 | 1.25% |
| STMICROELECTRONICS 0,00 20-040827 | 200,000 | USD | 225,267.58 | 191,669.62 | 1.23% |
| SUNNOVA ENERGY CV 0,25 21-011226 | 120,000 | USD | 124,477.11 | 90,613.23 | 0.58% |
| TELADOC CV 1,25 20-010627 | 300,000 | USD | 272,060.06 | 213,357.40 | 1.37% |
| UNITY SOFTWARE CV 0,00 21-151126 | 100,000 | USD | 88,101.85 | 71,010.09 | 0.46% |
| VERINT SYSTEMS CONVERTIBLE 0,25 21-150426 | 400,000 | USD | 339,563.31 | 351,905.88 | 2.26% |
| VINGROUP JOINT CONVERTIBLE 3,00 21-200426 | 400,000 | USD | 347,610.18 | 329,729.78 | 2.12% |

|  |
| --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| XIAOMI BEST TIME CV 0,00 20-171227 | 600,000 | USD | 511,788.70 | 478,754.60 | 3.07% |
| ZSCALER INC. CONVERTIBLE 0,125 21-010725 | 100,000 | USD | 120,086.82 | 116,091.16 | 0.74% |
| Total U.S. DOLLAR |  |  | 9,790,661.22 | 9,011,104.82 | 57.82% |
| Total Bonds |  |  | 14,078,508.15 | 12,820,700.64 | 82.27% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 15,451,532.68 | 13,763,489.78 | 88.32% |
| Other Transferable Securities |  |  |  |  |  |
| BOSIDENG INTERNATIONAL CV 1,00 19-171224 | 200,000 | USD | 201,032.06 | 226,300.64 | 1.45% |
| IMPINJ INC. CONVERTIBLE 1,125 21-150527 | 0 | USD | 0.00 | 0.00 | 0.00% |
| LUMINAR TECH CV 1,25 21-151226 | 0 | USD | 0.00 | 0.00 | 0.00% |
| NEOGENOMICS CONVERTIBLE 1,25 20-010525 | 0 | USD | 0.00 | 0.00 | 0.00% |
| ORMAT TECH 2,5 22-27 | 0 | USD | 0.00 | 0.00 | 0.00% |
| Total U.S. DOLLAR |  |  | 201,032.06 | 226,300.64 | 1.45% |
| Total Other Transferable Securities |  |  | 201,032.06 | 226,300.64 | 1.45% |
| Options |  |  |  |  |  |
| CALL E-MINI NASDAQ SEPTEMBRE 2022 ST 12500 | 3 | USD | 19,910.36 | 14,462.67 | 0.09% |
| Total U.S. DOLLAR |  |  | 19,910.36 | 14,462.67 | 0.09% |
| Total Options |  |  | 19,910.36 | 14,462.67 | 0.09% |
| Total Portfolio |  |  | 15,672,475.10 | 14,004,253.09 | 89.86% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Shares & Related Securities |  |  |  |  |  |
| ABU DHABI COMMERCIAL BANK | 350,000 | AED | 818,329.84 | 807,541.57 | 0.21% |
| ABU DHABI ISLAMIC BANK | 200,000 | AED | 381,877.65 | 390,619.91 | 0.10% |
| ALDAR PROPERTIES P.J.S.C. | 500,000 | AED | 549,133.41 | 579,419.54 | 0.15% |
| EMIRATES NBD BANK P.J.S.C. | 290,000 | AED | 966,085.07 | 996,862.02 | 0.26% |
| EMIRATES TELECOMMUNICATIONS CORP. | 430,000 | AED | 3,579,978.62 | 2,922,618.20 | 0.76% |
| NATIONAL BANK OF ABU DHABI | 520,000 | AED | 2,647,316.94 | 2,543,091.89 | 0.66% |
| Total ARAB EMIRATES DIRHAM |  |  | 8,942,721.53 | 8,240,153.13 | 2.14% |
| AMERICANAS S.A. -REG- | 71,000 | BRL | 377,797.77 | 174,410.80 | 0.05% |
| ATACADAO S.A. | 48,600 | BRL | 112,681.79 | 148,187.26 | 0.04% |
| BANCO BRADESCO S.A. | 176,000 | BRL | 444,163.40 | 462,924.92 | 0.12% |
| BANCO BRADESCO S.A. | 638,000 | BRL | 2,001,123.76 | 2,007,188.39 | 0.52% |
| BANCO SANTANDER (BRASIL) S.A. UNITS | 51,000 | BRL | 264,441.79 | 268,752.46 | 0.07% |
| CIA ENERGETICA DE MINAS GERAIS CMIG | 279,500 | BRL | 491,578.61 | 530,662.23 | 0.14% |
| COMPANHIA DE CONCESSOES RODOVIARIAS | 118,600 | BRL | 242,945.89 | 271,815.85 | 0.07% |
| COSAN S.A. | 150,000 | BRL | 553,876.60 | 499,346.09 | 0.13% |
| ENERGISA S.A. | 30,000 | BRL | 220,357.19 | 221,413.35 | 0.06% |
| EQUATORIAL ENERGIA S.A. | 150,000 | BRL | 610,936.94 | 626,651.91 | 0.16% |
| GERDAU S.A. | 160,000 | BRL | 773,671.58 | 654,088.51 | 0.17% |
| HAPVIDA PARTICIPACOES -E- INVESTIMEMT | 510,000 | BRL | 1,080,187.75 | 510,265.86 | 0.13% |
| HYPERA S.A. | 40,000 | BRL | 234,719.17 | 278,316.86 | 0.07% |
| ITAU UNIBANCO HLDG SA. | 550,000 | BRL | 2,817,364.74 | 2,280,621.53 | 0.59% |
| KLABIN S.A. CTF DE DEPOSITO DE ACOES | 152,400 | BRL | 596,051.43 | 563,086.80 | 0.15% |
| LOCALIZA RENT -A- CAR S.A. | 70,000 | BRL | 619,559.84 | 671,044.33 | 0.17% |
| LOJAS RENNER S.A. | 120,000 | BRL | 563,732.16 | 496,492.69 | 0.13% |
| NATURA & CO HLDG S.A. | 187,700 | BRL | 748,037.98 | 460,739.87 | 0.12% |
| PETRO RIO S.A. | 90,000 | BRL | 427,256.23 | 361,998.48 | 0.09% |
| RAIA DROGASIL S.A. | 130,000 | BRL | 492,048.78 | 456,545.00 | 0.12% |
| REDE D'OR SAO LUIZ S.A. | 39,300 | BRL | 301,889.97 | 208,319.51 | 0.05% |
| RUMO S.A. | 127,000 | BRL | 342,838.63 | 370,977.57 | 0.10% |
| TELEFONICA BRASIL S.A. | 70,000 | BRL | 597,622.50 | 602,544.29 | 0.16% |
| TIM S.A. | 150,000 | BRL | 350,987.01 | 350,091.00 | 0.09% |
| TOTVS S.A. | 120,000 | BRL | 559,955.93 | 510,540.23 | 0.13% |
| ULTRAPAR PARTICIPACOES S.A. | 70,000 | BRL | 170,827.77 | 157,614.11 | 0.04% |
| WEG S.A. | 210,000 | BRL | 1,200,791.33 | 1,015,977.25 | 0.26% |
| Total BRAZILIAN REAL |  |  | 17,197,446.54 | 15,160,617.15 | 3.94% |
| CENCOSUD S.A. | 160,000 | CLP | 237,114.29 | 190,801.81 | 0.05% |
| EMPRESAS CMPC S.A. | 190,000 | CLP | 287,418.86 | 295,830.61 | 0.08% |
| EMPRESAS COPEC S.A. | 40,000 | CLP | 284,321.14 | 276,482.93 | 0.07% |
| ENEL AMERICAS S.A | 4,600,000 | CLP | 487,352.69 | 409,068.13 | 0.11% |
| FALABELLA SOCIEDAD ANOMINA COMERCIA | 80,000 | CLP | 218,012.32 | 175,609.54 | 0.05% |
| SOCIEDAD QUIMICA Y MINERA DE CHILE | 18,000 | CLP | 974,243.29 | 1,405,897.31 | 0.37% |
| Total CHILEAN PESO |  |  | 2,488,462.59 | 2,753,690.33 | 0.72% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| 37 INTERACTIVE ENTERTAINMENT NETWK | 30,000 | CNY | 85,838.52 | 91,004.57 | 0.02% |
| BAOSHAN IRON & STEEL CO LTD -A- | 150,000 | CNY | 133,650.75 | 129,026.73 | 0.03% |
| BYD CO -A- LTD | 13,000 | CNY | 453,281.44 | 619,466.89 | 0.16% |
| BY-HEALTH CO LTD -A- | 20,000 | CNY | 60,363.34 | 61,869.96 | 0.02% |
| CECEP SOLAR ENERGY CO LTD -A- | 30,000 | CNY | 37,508.05 | 35,793.13 | 0.01% |
| CECEP WIND-POWER CORP. -A- | 60,000 | CNY | 38,754.03 | 41,151.38 | 0.01% |
| CHENGXIN LITHIUM GROUP CO | 10,000 | CNY | 68,412.48 | 86,246.44 | 0.02% |
| CHINA JUSHI CO LTD -A- | 100,000 | CNY | 236,210.36 | 248,765.82 | 0.06% |
| CHINA MERCHANTS BANK CO LTD -A- | 150,000 | CNY | 828,843.51 | 904,473.07 | 0.24% |
| CHINA SOUTHERN AIRLINES CO LTD -A- | 121,800 | CNY | 122,854.25 | 127,220.35 | 0.03% |
| CHINA THREE GORGES RENEWABLES -A- | 200,000 | CNY | 200,836.59 | 179,751.52 | 0.05% |
| CHINA VANKE CO -A- | 80,000 | CNY | 240,468.39 | 234,334.25 | 0.06% |
| CMOC GROUP LTD -A- | 300,000 | CNY | 235,509.35 | 245,622.31 | 0.06% |
| CONTEMPORARY AMPEREX TECHNOLOGY CO | 18,000 | CNY | 1,348,358.86 | 1,373,427.35 | 0.36% |
| ENN NATURAL GAS CO LTD | 20,000 | CNY | 54,038.81 | 53,125.29 | 0.01% |
| EVE ENERGY CO LTD -A- | 10,000 | CNY | 108,732.44 | 139,314.57 | 0.04% |
| GEM CO LTD -A- | 100,000 | CNY | 123,741.30 | 130,026.93 | 0.03% |
| HENAN SHUANGHUI INVESTMENT & DEV -A- | 25,000 | CNY | 98,637.04 | 104,664.54 | 0.03% |
| HUADONG MEDICINE CO LTD -A- | 20,000 | CNY | 107,950.83 | 129,055.30 | 0.03% |
| HUATAI SECURITIES CO LTD -A- | 60,000 | CNY | 111,264.25 | 121,739.50 | 0.03% |
| INNER MONGOLIA YILI INDUSTRIAL -A- | 44,000 | CNY | 239,547.34 | 244,879.30 | 0.06% |
| JIANGSU EASTERN SHENGHONG CO | 40,000 | CNY | 87,040.05 | 96,648.59 | 0.03% |
| JIANGXI GANFENG LITHIUM CO LTD | 16,000 | CNY | 277,217.82 | 339,956.13 | 0.09% |
| KEDA INDUSTRIAL GROUP CO | 40,000 | CNY | 85,480.79 | 117,967.29 | 0.03% |
| ORIENT SECURITIES CO LTD -A- | 90,000 | CNY | 117,027.95 | 131,298.63 | 0.03% |
| PHARMARON BEIJING CO., LTD. REGISTE | 9,900 | CNY | 113,959.74 | 134,696.19 | 0.04% |
| POSTAL SAVINGS BANK OF CHINA | 170,000 | CNY | 124,253.44 | 130,927.12 | 0.03% |
| S.F. HLDG CO LTD | 40,000 | CNY | 289,019.76 | 318,980.36 | 0.08% |
| SHANGHAI FOSUN PHARMACEUTICAL | 18,000 | CNY | 128,591.08 | 113,397.78 | 0.03% |
| SHANGHAI PUTAILAI NEW ENERGY TECH-A | 10,000 | CNY | 89,518.16 | 120,596.41 | 0.03% |
| SHENZHEN INOVANCE TECHNOLOGY CO -A- | 15,000 | CNY | 121,060.25 | 141,179.24 | 0.04% |
| SHENZHEN MINDRAY BIO-MEDICAL ELECTR | 9,000 | CNY | 379,025.19 | 402,769.14 | 0.10% |
| SUNGROW POWER SUPPLY CO LTD -A- | 9,000 | CNY | 131,572.02 | 126,347.60 | 0.03% |
| WUXI APPTEC CO., LTD. -REG- | 20,000 | CNY | 300,514.52 | 297,175.84 | 0.08% |
| YUNNAN BAIYAO GROUP CO LTD -A- | 12,320 | CNY | 119,216.97 | 106,308.42 | 0.03% |
| YUNNAN ENERGY NEW MATERIAL CO -A- | 6,000 | CNY | 181,898.68 | 214,715.91 | 0.06% |
| ZHEJIANG CHINT ELECTRICS CO LTD | 20,000 | CNY | 98,857.57 | 102,249.75 | 0.03% |
| ZHEJIANG HUAYOU COBALT CO LTD -A- | 26,000 | CNY | 275,134.02 | 355,233.58 | 0.09% |
| Total CHINA YUAN RENMINBI |  |  | 7,854,189.94 | 8,551,407.18 | 2.22% |
| BANCOLOMBIA ORD | 30,000 | COP | 320,620.87 | 231,298.51 | 0.06% |
| BANCOLOMBIA S.A. BANCOLOMBIA PFUND | 60,000 | COP | 445,234.49 | 437,219.02 | 0.11% |
| INTERCONEXION ELECTRICA S.A. ESP | 50,000 | COP | 280,389.98 | 235,620.13 | 0.06% |
| Total COLOMBIAN PESO |  |  | 1,046,245.34 | 904,137.66 | 0.23% |
| KOMERCNI BANKA A.S. | 19,400 | CZK | 671,698.46 | 519,597.34 | 0.14% |
| MONETA MONEY BANK AS | 167,800 | CZK | 626,904.90 | 581,369.29 | 0.15% |
| Total CZECH KORUNA |  |  | 1,298,603.36 | 1,100,966.63 | 0.29% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| COMMERCIAL INTERNATIONAL BANK LTD | 300,000 | EGP | 880,497.82 | 569,031.44 | 0.15% |
| Total EGYPTIAN POUND |  |  | 880,497.82 | 569,031.44 | 0.15% |
| ALPHA SERVICES & HLDG S.A | 250,000 | EUR | 246,250.00 | 208,000.00 | 0.05% |
| AXIS BANK LTD SPONSORED GDR | 75,000 | EUR | 3,407,964.86 | 2,700,000.00 | 0.70% |
| EUROBANK HLDG S.A. | 497,500 | EUR | 460,192.97 | 419,492.00 | 0.11% |
| NEPI ROCKCASTLE PLC | 135,200 | EUR | 779,543.82 | 703,040.00 | 0.18% |
| PUBLIC POWER CORP. | 40,000 | EUR | 328,799.49 | 209,800.00 | 0.05% |
| RELIANCE INDUSTRIES GDR LTD 2-144A | 210,000 | EUR | 12,317,477.35 | 13,272,000.00 | 3.45% |
| Total EURO |  |  | 17,540,228.49 | 17,512,332.00 | 4.55% |
| POLYMETAL INTERNATIONAL PLC | 34,800 | GBP | 542,163.37 | 0.41 | 0.00% |
| Total BRITISH POUND |  |  | 542,163.37 | 0.41 | 0.00% |
| 3SBIO INC. | 124,500 | HKD | 94,034.41 | 94,699.89 | 0.02% |
| AAC TECHNOLOGIES HLDG INC. | 71,000 | HKD | 264,899.75 | 156,304.55 | 0.04% |
| AIR CHINA LTD | 178,000 | HKD | 106,703.83 | 147,978.94 | 0.04% |
| ALIBABA GROUP HLDG LTD | 1,740,000 | HKD | 24,161,882.57 | 23,734,214.25 | 6.17% |
| ALIBABA HEALTH INFO TECHNOLOGY | 396,000 | HKD | 332,430.54 | 260,666.05 | 0.07% |
| A-LIVING SMART CITY SERVICES CO LTD | 55,500 | HKD | 114,140.77 | 85,378.37 | 0.02% |
| BAIDU INC. -REG -A- | 265,000 | HKD | 4,620,189.95 | 4,796,979.37 | 1.25% |
| BEIJING CAPITAL INTERNATIONAL AIRPORT CO LTD | 184,000 | HKD | 100,882.13 | 119,996.10 | 0.03% |
| BEIJING ENTERPRISES WATER GROUP LTD | 1,312,000 | HKD | 436,358.85 | 379,033.60 | 0.10% |
| BOC AVIATION LTD | 40,000 | HKD | 263,390.52 | 321,566.14 | 0.08% |
| BYD CO LTD -H- | 95,000 | HKD | 3,044,109.55 | 3,636,208.49 | 0.95% |
| CANSINO BIOLOGICS INC -H- | 7,800 | HKD | 125,900.19 | 76,396.95 | 0.02% |
| CHINA COMMUNICATION -H- | 234,000 | HKD | 103,807.76 | 98,408.02 | 0.03% |
| CHINA CONCH VENTURE HLDG LTD | 200,000 | HKD | 867,104.43 | 416,890.15 | 0.11% |
| CHINA CONSTRUCTION BANK CORP. | 11,000,000 | HKD | 6,877,285.26 | 7,066,409.87 | 1.84% |
| CHINA EVERBRIGHT ENVIRONMENT GROUP | 575,000 | HKD | 349,215.41 | 324,522.16 | 0.08% |
| CHINA FEIHE LTD | 500,000 | HKD | 539,727.58 | 549,758.64 | 0.14% |
| CHINA GAS HLDG LTD | 500,000 | HKD | 740,125.21 | 738,700.08 | 0.19% |
| CHINA LESSO GROUP HLDG LTD | 106,000 | HKD | 134,078.77 | 152,986.49 | 0.04% |
| CHINA MEDICAL SYSTEM HLDG LTD | 133,000 | HKD | 187,595.62 | 198,439.71 | 0.05% |
| CHINA MENGNIU DAIRY | 360,000 | HKD | 1,807,987.69 | 1,718,026.23 | 0.45% |
| CHINA MERCHANTS BANK CO LTD -H- | 450,000 | HKD | 3,298,987.11 | 2,879,833.24 | 0.75% |
| CHINA OVERSEAS LAND & INVESTMENT | 450,000 | HKD | 1,065,187.24 | 1,360,378.37 | 0.35% |
| CHINA RESOURCES CEMENT HLDG LTD | 250,000 | HKD | 183,507.39 | 160,600.22 | 0.04% |
| CHINA RESOURCES GAS GROUP LTD | 150,000 | HKD | 644,989.98 | 668,304.16 | 0.17% |
| CHINA RESOURCES MIXC LIFESTYLE SERV | 75,000 | HKD | 343,079.02 | 355,636.55 | 0.09% |
| CHINA RUYI HLDG LTD | 272,000 | HKD | 94,057.16 | 95,489.78 | 0.02% |
| CHINA SOUTHERN AIRLINES CO LTD | 168,000 | HKD | 87,714.49 | 92,973.82 | 0.02% |
| CHINA SUNTIEN GREEN ENERGY CORP-H | 240,000 | HKD | 129,926.77 | 117,021.80 | 0.03% |
| CHINA VANKE CO LTD -H- | 200,000 | HKD | 452,888.83 | 480,764.54 | 0.12% |
| CIFI EVER SUNSHINE SERVICES GROUP L | 78,000 | HKD | 130,420.59 | 95,080.21 | 0.02% |
| CIFI HLDG GROUP CO LTD | 260,000 | HKD | 141,018.53 | 106,806.77 | 0.03% |
| CITIC PACIFIC LTD | 700,000 | HKD | 617,402.82 | 678,360.72 | 0.18% |
| CMOC GROUP LTD | 600,000 | HKD | 305,524.56 | 320,347.16 | 0.08% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| COUNTRY GARDEN SERVICES HLDG CO | 220,000 | HKD | 1,242,915.65 | 937,271.44 | 0.24% |
| CSPC PHARMACEUTICAL GROUP LTD | 1,000,000 | HKD | 938,922.86 | 949,583.11 | 0.25% |
| DALI FOODS GROUP CO LTD | 558,500 | HKD | 265,180.15 | 283,893.05 | 0.07% |
| ENN ENERGY HLDG LTD | 105,000 | HKD | 1,566,871.37 | 1,649,824.47 | 0.43% |
| FAR EAST HORIZON LTD | 250,000 | HKD | 203,268.31 | 200,521.72 | 0.05% |
| FOSUN INTERNATIONAL LTD | 245,500 | HKD | 246,603.45 | 216,962.67 | 0.06% |
| GANFENG LITHIUM CO., -BONUS- 20220617 | 40,000 | HKD | 0.00 | 168,413.87 | 0.04% |
| GANFENG LITHIUM CO., LTD. REGISTERE | 40,000 | HKD | 573,543.81 | 421,034.67 | 0.11% |
| GENSCRIPT BIOTECH CORP. | 150,000 | HKD | 576,499.84 | 520,198.45 | 0.14% |
| GREENTOWN SERVICE GROUP CO LTD | 142,000 | HKD | 122,758.43 | 153,708.13 | 0.04% |
| HANSOH PHARMACEUTICAL GROUP CO | 116,000 | HKD | 223,786.15 | 223,979.72 | 0.06% |
| HOPSON DEVELOPMENT HLDG LTD | 70,300 | HKD | 149,818.17 | 102,661.51 | 0.03% |
| HOPSON DEVELOPMENT HO -BONUS- 20220630 | 70,300 | HKD | 0.00 | 10,266.15 | 0.00% |
| HUATAI SECURITIES CO LTD UNITAR | 260,000 | HKD | 346,869.99 | 368,911.21 | 0.10% |
| JINXIN FERTILITY GROUP LTD | 122,500 | HKD | 136,685.34 | 107,961.75 | 0.03% |
| KINGDEE INTERNATIONAL SOFTWARE GROUP | 400,000 | HKD | 957,509.33 | 897,167.10 | 0.23% |
| KUNLUN ENERGY CO LTD | 540,000 | HKD | 448,675.59 | 423,253.21 | 0.11% |
| LENOVO GROUP | 1,000,000 | HKD | 948,354.49 | 893,510.17 | 0.23% |
| LONGFOR GROUP HLDG LTD | 200,000 | HKD | 916,511.35 | 903,261.98 | 0.23% |
| MEITUAN | 470,000 | HKD | 12,141,137.93 | 11,126,090.98 | 2.89% |
| MICROPORT SCIENTIFIC CORP. | 62,300 | HKD | 222,873.32 | 172,768.66 | 0.04% |
| NETEASE INC. | 235,000 | HKD | 4,727,693.95 | 4,127,882.88 | 1.07% |
| PHARMARON BEIJING CO., LTD. | 21,900 | HKD | 362,456.99 | 209,693.91 | 0.05% |
| PHARMARON BEIJING CO. -BONUS- 20220606 | 21,900 | HKD | 0.00 | 104,846.96 | 0.03% |
| PING AN HEALTHCARE & TECHNOLOGY | 60,000 | HKD | 149,642.73 | 170,047.30 | 0.04% |
| POP MART INTERNATIONAL GROUP LIM | 60,000 | HKD | 214,535.20 | 277,195.38 | 0.07% |
| POSTAL SAVINGS BANK OF CHINA -H- | 900,000 | HKD | 620,201.77 | 683,480.42 | 0.18% |
| SHANDONG WEIGAO GROUP MEDICAL -H- | 243,600 | HKD | 302,032.14 | 270,811.84 | 0.07% |
| SHANGHAI FOSUN PHARMACEUTICAL | 48,500 | HKD | 198,882.41 | 171,744.72 | 0.04% |
| SHANGHAI PHARMACEUTICAL HLDG CO -H- | 76,400 | HKD | 124,621.19 | 121,068.80 | 0.03% |
| SHENZHEN INTERNATIONAL HLDG LTD | 122,000 | HKD | 116,848.00 | 114,808.13 | 0.03% |
| SINO BIOPHARM LTD | 1,250,000 | HKD | 742,735.47 | 757,289.48 | 0.20% |
| SINOPHARMACEUTICAL GROUP CO LTD -H- | 150,000 | HKD | 345,029.34 | 347,774.15 | 0.09% |
| SINOTRUK HONG KONG LTD | 67,500 | HKD | 90,609.41 | 90,509.04 | 0.02% |
| TENCENT HLDG LTD | 713,000 | HKD | 35,892,718.63 | 30,801,989.37 | 8.01% |
| THE WHARF HLDG LTD | 150,000 | HKD | 465,417.28 | 522,941.15 | 0.14% |
| TONGCHENG TRAVEL HLDG LTD | 97,600 | HKD | 196,726.52 | 200,825.00 | 0.05% |
| UNI-PRESIDENT CHINA HLDG LTD | 285,000 | HKD | 252,801.95 | 233,805.89 | 0.06% |
| VINDA INTERNATIONAL HLDG LTD | 165,000 | HKD | 391,551.26 | 404,273.73 | 0.11% |
| WANT WANT CHINA HLDG LTD | 700,000 | HKD | 548,665.44 | 581,939.64 | 0.15% |
| WUXI APPTEC CO LTD -H- | 46,400 | HKD | 844,476.05 | 591,057.58 | 0.15% |
| WUXI BIOLOGICS CAYMAN INC. | 425,000 | HKD | 4,301,872.47 | 3,719,708.42 | 0.97% |
| XINJIANG GOLDWIND SCIENCE & TECH -H- | 156,800 | HKD | 304,633.81 | 280,587.06 | 0.07% |
| XINYI SOLAR HLDG LTD | 550,000 | HKD | 881,988.76 | 812,570.09 | 0.21% |
| YADEA GROUP HLDG LTD | 118,000 | HKD | 187,645.67 | 220,937.15 | 0.06% |
| YIHAI INTERNATIONAL HLDG LTD | 50,000 | HKD | 143,909.98 | 172,485.25 | 0.04% |
| ZHEJIANG EXPRESSWAY | 460,000 | HKD | 381,518.00 | 405,968.11 | 0.11% |
| ZOOMLION HEAVY INDUSTRIES SCIENCE & TECHNOLOGY | 131,600 | HKD | 79,936.76 | 67,214.88 | 0.02% |
| Total HONG KONG DOLLAR |  |  | 127,864,491.99 | 119,679,861.74 | 31.11% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| MOL HUNGARIAN OIL & GAS PLC | 50,000 | HUF | 344,093.47 | 367,700.80 | 0.10% |
| OTP BANK PLC | 25,000 | HUF | 1,195,768.75 | 530,633.33 | 0.14% |
| Total HUNGARIAN FORINT |  |  | 1,539,862.22 | 898,334.13 | 0.23% |
| ANEKA TAMBANG TBK | 1,630,000 | IDR | 262,575.96 | 188,383.75 | 0.05% |
| BARITO PACIFIC TBK | 7,000,000 | IDR | 387,874.23 | 339,334.74 | 0.09% |
| INDAH KIAT PULP & PAPER CORP. | 501,000 | IDR | 252,721.05 | 244,475.11 | 0.06% |
| KALBE FARMA TBK | 4,000,000 | IDR | 397,132.41 | 426,335.41 | 0.11% |
| PT BANK CENTRAL ASIA TBK | 6,500,000 | IDR | 2,998,315.28 | 3,025,761.49 | 0.79% |
| PT BANK NEGARA INDONESIA | 800,000 | IDR | 467,714.47 | 403,220.84 | 0.10% |
| PT MERDEKA COPPER GOLD TBK | 2,134,361 | IDR | 540,941.89 | 546,794.45 | 0.14% |
| PT UNILEVER INDONESIA TBK | 3,000,000 | IDR | 812,330.04 | 918,804.18 | 0.24% |
| TELKOM INDONESIA PERSERO TBK | 5,500,000 | IDR | 1,510,513.83 | 1,412,557.09 | 0.37% |
| TOWER BERSAMA INFRASTRUCTURE TBK | 1,348,500 | IDR | 252,187.52 | 254,554.99 | 0.07% |
| Total INDONESIAN RUPIAH |  |  | 7,882,306.68 | 7,760,222.05 | 2.02% |
| AMOREPACIFIC CORP. | 7,000 | KRW | 898,263.14 | 670,393.22 | 0.17% |
| AMOREPACIFIC GROUP | 11,700 | KRW | 399,276.25 | 321,501.43 | 0.08% |
| BGF RETAIL CO LTD | 800 | KRW | 91,794.53 | 111,388.41 | 0.03% |
| CELLTRION HEALTHCARE CO LTD. | 11,166 | KRW | 622,065.94 | 564,299.88 | 0.15% |
| CJ CHEILJEDANG CORP. | 800 | KRW | 224,686.59 | 223,366.18 | 0.06% |
| CJ CORP. | 1,400 | KRW | 89,139.68 | 80,137.77 | 0.02% |
| CJ LOGISTICS | 900 | KRW | 88,757.21 | 75,584.99 | 0.02% |
| COWAY CO LTD | 7,900 | KRW | 445,671.29 | 371,891.43 | 0.10% |
| DOOSAN BOBCAT INC. | 4,900 | KRW | 158,015.57 | 104,323.50 | 0.03% |
| GS ENGINEERING & CONSTRUCTION CORP. | 6,300 | KRW | 193,427.52 | 146,429.35 | 0.04% |
| HANA FINANCIAL GROUP INC. | 35,000 | KRW | 1,297,555.70 | 1,014,614.35 | 0.26% |
| HANWHA SOLUTIONS CORP. | 18,000 | KRW | 478,058.96 | 502,573.90 | 0.13% |
| HMM CO. LTD | 30,000 | KRW | 729,102.72 | 543,681.53 | 0.14% |
| HYUNDAI ENGINEERING & CONSTRUCTION | 7,600 | KRW | 289,542.72 | 231,514.04 | 0.06% |
| HYUNDAI GLOVIS CO LTD | 2,400 | KRW | 323,321.17 | 317,368.57 | 0.08% |
| KAKAO CORP. | 36,000 | KRW | 3,078,492.89 | 1,853,821.42 | 0.48% |
| KB FINANCIAL GROUP INC. | 47,000 | KRW | 2,034,796.84 | 1,667,179.53 | 0.43% |
| KOREAN AIR | 17,000 | KRW | 375,465.09 | 315,600.50 | 0.08% |
| KOREA ZINC CO LTD | 900 | KRW | 401,062.67 | 323,225.30 | 0.08% |
| LG CHEM LTD | 6,500 | KRW | 3,148,774.32 | 2,470,877.86 | 0.64% |
| LG CHEM LTD ISSUE 01 | 1,500 | KRW | 337,079.94 | 265,763.03 | 0.07% |
| LG CORP. | 11,500 | KRW | 687,431.28 | 659,968.97 | 0.17% |
| LG DISPLAY CO LTD | 22,800 | KRW | 384,727.04 | 244,391.48 | 0.06% |
| LG ELECTRONICS INC. | 11,000 | KRW | 1,041,767.61 | 715,552.67 | 0.19% |
| LG -H- H 1PFUND | 1,000 | KRW | 444,813.05 | 240,531.19 | 0.06% |
| LGHOUSEHOLD&HEALTHCARE LTD | 1,800 | KRW | 1,411,972.51 | 901,715.71 | 0.23% |
| LOTTE CHEMICAL CORP. | 3,000 | KRW | 500,556.66 | 397,815.76 | 0.10% |
| NAVER CORP. | 15,000 | KRW | 4,146,050.88 | 2,652,105.04 | 0.69% |
| NCSOFT CORP. | 2,000 | KRW | 681,544.41 | 514,950.39 | 0.13% |
| NETMARBLE CORP. | 2,200 | KRW | 137,582.10 | 111,668.36 | 0.03% |
| POSCO CHEMICAL CO LTD | 4,000 | KRW | 439,473.77 | 315,305.82 | 0.08% |
| S1 CORP. | 3,000 | KRW | 161,773.18 | 141,887.62 | 0.04% |
| SAMSUNG ENGINEERING CO LTD | 15,300 | KRW | 263,909.25 | 242,899.67 | 0.06% |
| SAMSUNG LIFE INSURANCE CO LTD | 10,000 | KRW | 510,034.88 | 461,171.60 | 0.12% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| SAMSUNG SDI CO LTD | 6,300 | KRW | 3,160,418.47 | 2,469,109.79 | 0.64% |
| SAMSUNG SDS CO LTD | 6,000 | KRW | 652,001.45 | 574,622.76 | 0.15% |
| SAMSUNG SECURITIES CO LTD | 8,000 | KRW | 237,566.90 | 197,139.81 | 0.05% |
| SHINHAN FINANCIAL GROUP CO LTD | 55,000 | KRW | 1,583,605.54 | 1,501,201.96 | 0.39% |
| SK BIOPHARMACEUTICALS CO. | 5,000 | KRW | 351,615.42 | 275,892.59 | 0.07% |
| SKC CO LTD -REG- | 4,000 | KRW | 532,360.74 | 391,922.19 | 0.10% |
| SK CHEMICALS CO.,LTD. | 1,200 | KRW | 115,937.45 | 81,419.62 | 0.02% |
| SK ENERGY CO LTD | 7,000 | KRW | 1,122,824.52 | 990,119.21 | 0.26% |
| SK HLDG CO LTD | 5,500 | KRW | 987,377.25 | 871,142.84 | 0.23% |
| SK IE TECHNOLOGY CO | 2,500 | KRW | 235,919.22 | 180,674.66 | 0.05% |
| SK TELECOM CO LTD | 2,600 | KRW | 108,803.51 | 99,601.28 | 0.03% |
| WOORI FINANCIAL GROUP INC. | 60,000 | KRW | 669,561.21 | 534,841.18 | 0.14% |
| YUHAN CORP. | 5,040 | KRW | 223,186.68 | 207,925.04 | 0.05% |
| Total SOUTH KOREAN WON |  |  | 36,497,165.72 | 28,151,113.40 | 7.32% |
| KUWAIT FINANCE HOUSE (K.S.C.) | 660,000 | KWD | 1,483,127.15 | 1,791,678.35 | 0.47% |
| Total KUWAITI DINAR |  |  | 1,483,127.15 | 1,791,678.35 | 0.47% |
| ARCA CONTINENTAL A.G.S.A.B. DE CV | 60,000 | MXN | 328,395.92 | 376,906.76 | 0.10% |
| CEMEX SAB DE CV - CPO | 2,600,000 | MXN | 1,276,309.17 | 965,165.76 | 0.25% |
| COCA-COLA FEMSA S.A.B. DE CV | 70,000 | MXN | 335,910.81 | 369,501.37 | 0.10% |
| FOMENTO ECONOMICO MEXICANO | 230,000 | MXN | 1,513,611.00 | 1,480,356.99 | 0.38% |
| GRUMA S.A.B. DE CV -B- | 30,000 | MXN | 316,729.62 | 316,530.56 | 0.08% |
| GRUPO AEROPORTUARIO DEL SURESTE S.A.B. DE CV | 20,000 | MXN | 409,317.34 | 374,754.36 | 0.10% |
| GRUPO BIMBO S.A.B. DE CV | 200,000 | MXN | 490,845.09 | 619,833.83 | 0.16% |
| GRUPO FINANCIERO BANORTE S.A.B. DE CV | 300,000 | MXN | 1,667,867.14 | 1,595,382.30 | 0.41% |
| GRUPO TELEVISA S.A.B. DE CV | 280,000 | MXN | 527,363.13 | 438,197.96 | 0.11% |
| INDUSTRIAS PENOLES S.A.B. DE CV | 25,000 | MXN | 258,138.89 | 220,691.94 | 0.06% |
| KIMBERLY-CLARK DE MEXICO S.A.B. DE CV | 673,600 | MXN | 898,227.34 | 869,593.96 | 0.23% |
| Total NEW MEXICAN PESO |  |  | 8,022,715.45 | 7,626,915.79 | 1.98% |
| AMMB HLDG BERHAD | 180,000 | MYR | 121,059.74 | 145,707.87 | 0.04% |
| AXIATA GROUP | 410,000 | MYR | 326,608.42 | 251,809.41 | 0.07% |
| CIMB GROUP HLDG BERHAD | 767,552 | MYR | 852,852.42 | 826,211.34 | 0.21% |
| DIGI.COM BERHAD | 500,000 | MYR | 422,949.29 | 379,786.67 | 0.10% |
| HAP SENG CONSOLIDATED | 100,000 | MYR | 162,748.45 | 154,735.94 | 0.04% |
| HARTALEGA HLDG BERHAD | 200,000 | MYR | 204,182.39 | 132,816.82 | 0.03% |
| IHH HEALTHCARE BERHAD | 171,800 | MYR | 235,924.69 | 240,483.09 | 0.06% |
| KUALA LUMPUR KEPONG BERHAD | 60,000 | MYR | 338,569.09 | 285,686.38 | 0.07% |
| MALAYAN BANKING BERHAD MAYBANK | 553,623 | MYR | 972,808.89 | 1,032,069.53 | 0.27% |
| MALAYSIA AIRPORTS HLDG BERHAD | 105,500 | MYR | 127,404.24 | 151,111.69 | 0.04% |
| MAXIS BERHAD | 402,200 | MYR | 370,026.19 | 288,043.23 | 0.07% |
| MISC BERHAD | 150,000 | MYR | 247,962.19 | 231,127.32 | 0.06% |
| NESTLE (MALAYSIA) BERHAD | 30,500 | MYR | 855,527.60 | 877,697.84 | 0.23% |
| PETRONAS DAGANGAN BERHAD PDB | 29,200 | MYR | 122,439.57 | 133,837.69 | 0.03% |
| PETRONAS GAS BERHAD | 180,000 | MYR | 635,359.96 | 642,208.41 | 0.17% |
| PPB GROUP BERHAD | 96,000 | MYR | 345,156.30 | 330,427.42 | 0.09% |
| PRESS METAL ALUMINIUM HLDG BERHAD | 530,000 | MYR | 656,812.05 | 547,500.46 | 0.14% |
| PUBLIC BANK BERHAD | 1,650,000 | MYR | 1,445,601.46 | 1,564,829.58 | 0.41% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| QL RESOURCES BERHAD | 240,000 | MYR | 253,494.13 | 270,842.15 | 0.07% |
| RHB BANK BERHAD | 220,000 | MYR | 263,668.31 | 273,576.61 | 0.07% |
| SIME DARBY BERHAD (MALAYSIA) | 600,000 | MYR | 266,832.25 | 277,352.78 | 0.07% |
| TELEKOM MALAYSIA BERHAD | 120,000 | MYR | 135,525.38 | 136,723.20 | 0.04% |
| TOP GLOVE CORP. BERHAD | 500,000 | MYR | 213,942.57 | 112,850.90 | 0.03% |
| Total MALAYSIAN RINGGIT |  |  | 9,577,455.58 | 9,287,436.33 | 2.41% |
| GLOBE TELECOM INC. | 4,600 | PHP | 272,995.50 | 181,490.34 | 0.05% |
| GT CAPITAL HLDG INC. | 20,000 | PHP | 196,585.65 | 170,134.15 | 0.04% |
| JG SUMMIT HLDG INC. | 294,400 | PHP | 293,273.56 | 249,413.19 | 0.06% |
| MONDE NISSIN CORP. | 600,000 | PHP | 157,466.49 | 135,689.81 | 0.04% |
| SM INVESTMENTS CORP. | 40,200 | PHP | 671,783.66 | 546,871.70 | 0.14% |
| SM PRIME HLDG INC. | 1,200,000 | PHP | 758,958.62 | 762,994.26 | 0.20% |
| UNIVERSAL ROBINA CORP. | 156,300 | PHP | 348,846.33 | 301,810.68 | 0.08% |
| Total PHILIPPINE PESO |  |  | 2,699,909.81 | 2,348,404.13 | 0.61% |
| BANK PEKAO S.A. | 25,000 | PLN | 653,139.42 | 433,709.56 | 0.11% |
| CD PROJEKT S.A. | 10,000 | PLN | 391,149.91 | 203,567.97 | 0.05% |
| KGHM POLSKA MIEDZ S.A. | 24,000 | PLN | 804,301.85 | 607,129.56 | 0.16% |
| PKO BANK POLSKI S.A. | 100,000 | PLN | 930,365.79 | 595,725.67 | 0.15% |
| POLISH OIL & GAS CO | 200,000 | PLN | 261,045.01 | 243,056.07 | 0.06% |
| POLSKI KONCERN NAFTOWY ORLEN S.A. | 40,000 | PLN | 657,667.46 | 583,130.33 | 0.15% |
| POWSZECHNY ZAKLAD UBEZPIECZEN S.A. | 75,000 | PLN | 598,512.24 | 478,388.99 | 0.12% |
| SANTANDER BANK POLSKA S.A. | 5,700 | PLN | 440,177.30 | 282,565.45 | 0.07% |
| Total POLISH ZLOTY |  |  | 4,736,358.98 | 3,427,273.60 | 0.89% |
| COMMERCIAL BANK OF QATAR | 441,200 | QAR | 710,976.61 | 793,216.72 | 0.21% |
| QATAR FUEL Q.S.C. | 87,700 | QAR | 384,112.90 | 411,169.33 | 0.11% |
| QATAR GAS TRANSPORT CO LTD | 400,000 | QAR | 381,088.25 | 393,034.43 | 0.10% |
| QATAR NATIONAL BANK | 540,000 | QAR | 2,768,780.80 | 2,833,819.24 | 0.74% |
| Total QATARI RIYAL |  |  | 4,244,958.56 | 4,431,239.72 | 1.15% |
| MOSCOW EXCHANGE MICEX | 144,800 | RUB | 277,816.58 | 0.03 | 0.00% |
| NOVOLIPETSK STEEL | 182,900 | RUB | 456,851.65 | 0.03 | 0.00% |
| Total RUSSIAN RUBLE |  |  | 734,668.23 | 0.06 | 0.00% |
| BANK ALBILAD | 74,666 | SAR | 776,048.51 | 832,762.93 | 0.22% |
| DR. SULAIMAN AL-HABIB MEDICAL SV | 13,000 | SAR | 553,796.80 | 642,269.89 | 0.17% |
| Total SAUDI ARABIA RIYAL |  |  | 1,329,845.31 | 1,475,032.82 | 0.38% |
| ADVANCED INFO SERVICE -FOREIGN- | 150,000 | THB | 849,965.23 | 789,382.90 | 0.21% |
| AIRPORTS OF THAILAND PUBLIC CO LTD | 450,000 | THB | 756,310.18 | 864,465.59 | 0.22% |
| ASSET WORLD CORP. PCL -FOREIGN- | 782,700 | THB | 90,310.67 | 103,345.60 | 0.03% |
| B.GRIMM POWER PUBLIC CO FOREIG | 180,000 | THB | 173,728.91 | 170,458.00 | 0.04% |
| BANGKOK DUSIT MEDICAL SERVICES -FOREIGN- | 1,120,000 | THB | 689,292.85 | 757,591.13 | 0.20% |
| BERLI JUCKER PUBLIC CO LTD FORGN | 117,600 | THB | 102,539.22 | 103,411.19 | 0.03% |
| BTS GROUP HLDG PUBLIC CO -FOREIGN- | 1,000,000 | THB | 247,444.34 | 231,335.86 | 0.06% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| BUMRUNGRAD HOSPITAL PUBLIC -FOREIGN- | 46,600 | THB | 174,137.31 | 225,691.81 | 0.06% |
| C.P. ALL PUBLIC CO LTD FOREIGN -R- | 650,000 | THB | 1,066,848.29 | 1,055,216.22 | 0.27% |
| CENTRAL PATTANA PUBLIC CO LTD -FOREIGN | 197,600 | THB | 288,883.59 | 326,132.16 | 0.08% |
| CHAROEN POKPHAND FOODS -FOREIGN- | 500,000 | THB | 322,142.46 | 351,738.74 | 0.09% |
| ENERGY ABSOLUTE PUBLIC LTD -FOREIGN- | 250,000 | THB | 562,390.17 | 551,282.83 | 0.14% |
| HOME PRODUCT CENTER PUBLIC-FOREIGN- | 900,000 | THB | 365,804.43 | 309,259.52 | 0.08% |
| INDORAMA VENTURES PUBLIC CO LTD -FOREIGN- | 532,100 | THB | 561,629.88 | 676,656.05 | 0.18% |
| INTOUCH HLDG PUBLIC CO LTD -FOREIGN- | 179,300 | THB | 346,763.49 | 332,313.29 | 0.09% |
| KRUNGTHAI CARD PUBLIC COMP FOREIGN | 140,000 | THB | 227,835.84 | 215,913.47 | 0.06% |
| MINOR INTERNATIONAL PUBLIC -FOREIGN- | 300,000 | THB | 255,786.07 | 275,979.63 | 0.07% |
| OSOTSPA PUBLIC CO LTD | 250,000 | THB | 222,735.49 | 231,674.07 | 0.06% |
| PTT EXPLORATION PROD PUB -FOREIGN- | 170,000 | THB | 684,680.39 | 733,645.84 | 0.19% |
| PTT GLOBAL CHEMICAL PUBLIC PLC -FOREIGN- | 477,000 | THB | 731,754.32 | 587,227.83 | 0.15% |
| PTT OIL & RETAIL BUSINESS FOREIGN | 350,000 | THB | 264,227.48 | 288,831.62 | 0.08% |
| SCG PACKAGING PUBLIC – FOREIGN | 130,000 | THB | 200,704.06 | 195,215.00 | 0.05% |
| SIAM CEMENT PUBLIC CO LTD FOREIGN | 130,000 | THB | 1,296,795.17 | 1,315,502.88 | 0.34% |
| SIAM COMMERCIAL BANK -F- FOREIGN -REG- | 130,000 | THB | 425,049.24 | 249,734.50 | 0.06% |
| THAI UNION GROUP PCL -FOREIGN- | 280,100 | THB | 149,107.75 | 129,594.35 | 0.03% |
| TRUE CORP. PCL -FOREIGN | 1,142,700 | THB | 137,242.55 | 142,222.04 | 0.04% |
| Total THAI BAHT |  |  | 11,194,109.38 | 11,213,822.12 | 2.91% |
| KOC HLDG AS | 125,000 | TRY | 276,101.19 | 262,097.29 | 0.07% |
| TUPRAS TURKIYE PETROL RAFINELERI AS | 15,000 | TRY | 230,167.08 | 227,294.21 | 0.06% |
| TURK HAVA YOLLARI AO | 60,000 | TRY | 169,462.75 | 160,867.59 | 0.04% |
| TURKIYE IS BANKASI AS | 666,653 | TRY | 161,478.02 | 167,280.56 | 0.04% |
| TURK SISE CAM | 283,700 | TRY | 279,973.38 | 349,437.28 | 0.09% |
| Total TURKISH LIRA |  |  | 1,117,182.42 | 1,166,976.93 | 0.30% |
| ACER INC. | 283,000 | TWD | 274,310.34 | 197,558.94 | 0.05% |
| AIRTAC INTERNATIONAL GROUP | 15,000 | TWD | 453,881.64 | 478,206.46 | 0.12% |
| AUO CORP. | 1,050,000 | TWD | 695,599.86 | 550,588.87 | 0.14% |
| CATHAY FINANCIAL HLDG LTD | 850,000 | TWD | 1,662,414.04 | 1,391,833.33 | 0.36% |
| CHAILEASE HLDG CO LTD | 150,000 | TWD | 1,235,152.80 | 1,006,115.51 | 0.26% |
| CHAILEASE HLDG COM-DVSE-20220622 | 150,000 | TWD | 0.00 | 50,305.78 | 0.01% |
| CHINA AIRLINES | 300,000 | TWD | 258,951.42 | 226,798.22 | 0.06% |
| CHINA STEEL CORP. | 1,700,000 | TWD | 1,922,935.69 | 1,555,900.13 | 0.40% |
| CHUNGHWA TELECOM CO LTD | 450,000 | TWD | 1,673,341.14 | 1,766,130.82 | 0.46% |
| CTBC FINANCIAL HLDG | 2,200,000 | TWD | 1,908,107.86 | 1,776,425.21 | 0.46% |
| DELTA ELECTRONICS INC. | 230,000 | TWD | 1,926,976.74 | 1,638,898.63 | 0.43% |
| E.SUN FINANCIAL HLDG CO LTD | 1,450,000 | TWD | 1,383,134.77 | 1,352,746.83 | 0.35% |
| EVA AIRWAYS CORP. | 250,000 | TWD | 271,532.70 | 254,544.81 | 0.07% |
| EVERGREEN MARINE CORP. TAIWAN LTD | 300,000 | TWD | 1,355,155.04 | 816,473.59 | 0.21% |
| FAR EASTERN NEW CENTURY CORP. | 421,000 | TWD | 386,636.54 | 430,684.99 | 0.11% |
| FAR EASTONE TELECOMMUNICATION | 200,000 | TWD | 406,129.01 | 537,881.74 | 0.14% |
| FIRST FINANCIAL HLDG CO | 1,300,000 | TWD | 1,065,270.07 | 1,095,708.85 | 0.28% |
| FUBON FINANCIAL HLDG CO LTD | 860,000 | TWD | 2,074,088.22 | 1,654,436.72 | 0.43% |
| HOTAI MOTOR CO LTD | 38,000 | TWD | 737,221.92 | 740,809.85 | 0.19% |
| HUA NAN FINANCIAL HLDG CO LTD | 1,000,000 | TWD | 684,958.91 | 727,041.10 | 0.19% |
| MEDIA TEK INCORPORATION | 175,000 | TWD | 5,687,328.03 | 3,664,962.73 | 0.95% |
| MEGA FINANCIAL HLDG CO | 1,300,000 | TWD | 1,553,105.84 | 1,476,279.48 | 0.38% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| MOMO.COM INC. | 6,000 | TWD | 159,575.23 | 123,146.61 | 0.03% |
| MOMO.COM INC. -BONUS- 20220630 | 6,000 | TWD | 0.00 | 12,314.66 | 0.00% |
| MOMO.COM INC-DVSE-20220630 | 6,000 | TWD | 0.00 | 12,314.66 | 0.00% |
| NAN YA PLASTICS CORP. | 740,000 | TWD | 2,008,810.17 | 1,975,878.96 | 0.51% |
| PRESIDENT CHAIN STORE CORP. | 70,000 | TWD | 612,517.46 | 613,641.99 | 0.16% |
| SINOPAC FINANCIAL HLDG CO LTD | 1,200,000 | TWD | 615,570.94 | 648,546.40 | 0.17% |
| TAISHIN FINANCIAL | 1,200,000 | TWD | 734,463.14 | 629,244.42 | 0.16% |
| TAIWAN CEMENT CORP. | 900,000 | TWD | 1,374,763.34 | 1,143,642.09 | 0.30% |
| TAIWAN COOPERATIVE FINANCIAL HLDG | 1,100,000 | TWD | 986,276.85 | 950,139.78 | 0.25% |
| TAIWAN HIGH SPEED RAIL CORP. | 196,000 | TWD | 178,797.05 | 176,864.01 | 0.05% |
| TAIWAN MOBILE CO LTD | 217,000 | TWD | 683,886.84 | 753,935.19 | 0.20% |
| TAIWAN SEMICONDUCTOR MANUFACTURING | 2,810,000 | TWD | 53,767,827.36 | 43,029,252.14 | 11.18% |
| THE SHANGHAI COMMERCIAL & SAVINGS | 390,000 | TWD | 595,687.77 | 666,207.71 | 0.17% |
| UNI-PRESIDENT ENTERPRISES CORP. | 550,000 | TWD | 1,183,432.86 | 1,185,463.04 | 0.31% |
| UNITED MICROELECTRONICS CORP. | 1,367,000 | TWD | 2,737,377.17 | 1,721,673.55 | 0.45% |
| VOLTRONIC POWER TECHNOLOGY CORP. | 7,000 | TWD | 329,979.92 | 325,399.15 | 0.08% |
| WALSIN LIHWA CORP. | 300,000 | TWD | 450,059.48 | 347,918.12 | 0.09% |
| WAN HAI LINES LTD | 60,000 | TWD | 366,604.44 | 229,693.52 | 0.06% |
| YANG MING MARINE TRANSPORT CORP. | 200,000 | TWD | 801,865.60 | 529,517.55 | 0.14% |
| Total TAIWAN DOLLAR |  |  | 95,203,728.20 | 78,465,126.14 | 20.39% |
| CREDICORP LTD | 8,000 | USD | 1,041,829.40 | 917,576.16 | 0.24% |
| GAZPROM OAO | 1,097,800 | USD | 4,427,575.40 | 10.50 | 0.00% |
| INFOSYS LTD -SPONSORED ADR- | 660,000 | USD | 13,273,129.47 | 11,685,494.28 | 3.04% |
| LI AUTO INC. -ADR- | 60,000 | USD | 1,604,890.47 | 2,198,670.43 | 0.57% |
| MAHINDRA & MAHINDRA LTD -GDR- | 200,000 | USD | 2,075,150.55 | 2,601,750.44 | 0.68% |
| MOBILE TELESYSTEMS -SPONSORED ADR - | 40,000 | USD | 285,477.48 | 0.38 | 0.00% |
| NOVATEK OAO -GDR- | 7,600 | USD | 1,569,832.75 | 0.08 | 0.00% |
| OIL CO LUKOIL OJSC | 31,400 | USD | 2,533,267.55 | 0.30 | 0.00% |
| PHOSAGRO P.J.S.C. GDR 1-3 CANCEL | 49,382 | USD | 951,949.88 | 0.47 | 0.00% |
| STATE BANK OF INDIA -GDR- | 51,000 | USD | 3,042,278.07 | 2,839,160.17 | 0.74% |
| VIPSHOP HLDG LTD -ADR- | 43,900 | USD | 389,512.45 | 415,295.81 | 0.11% |
| XPENG INC. -A -ADR- | 45,000 | USD | 1,763,759.69 | 1,366,205.94 | 0.36% |
| YUM CHINA HLDG INC. | 50,000 | USD | 2,263,020.87 | 2,319,575.30 | 0.60% |
| Total U.S. DOLLAR |  |  | 35,221,674.03 | 24,343,740.26 | 6.33% |
| ABSA GROUP LTD | 100,000 | ZAR | 891,143.55 | 902,665.67 | 0.23% |
| ANGLO AMERICAN PLATINUM LTD | 7,500 | ZAR | 825,941.51 | 624,012.89 | 0.16% |
| ASPEN PHARMACARE HLDG PLC | 50,000 | ZAR | 604,481.35 | 405,907.61 | 0.11% |
| BID CORP. LTD | 38,000 | ZAR | 686,617.23 | 680,723.18 | 0.18% |
| BIDVEST GROUP LTD | 37,000 | ZAR | 415,497.28 | 452,782.59 | 0.12% |
| CAPITEC BANK HLDG LTD | 10,000 | ZAR | 1,133,307.99 | 1,157,309.64 | 0.30% |
| CLICKS GROUP LTD | 35,100 | ZAR | 580,274.87 | 560,118.70 | 0.15% |
| DISCOVERY HLDG LTD | 60,000 | ZAR | 520,072.62 | 448,763.80 | 0.12% |
| FIRSTRAND LTD | 600,000 | ZAR | 2,163,839.24 | 2,184,964.72 | 0.57% |
| GOLD FIELDS LTD | 120,000 | ZAR | 1,273,484.64 | 1,071,988.46 | 0.28% |
| GROWTHPOINT PROPERTIES LTD | 335,700 | ZAR | 267,867.45 | 242,067.08 | 0.06% |
| IMPALA PLATINIUM HLDG LTD | 113,000 | ZAR | 1,444,417.45 | 1,195,116.50 | 0.31% |
| KUMBA IRON ORE LTD | 9,000 | ZAR | 264,602.24 | 276,220.95 | 0.07% |
| MR. PRICE GROUP LTD | 25,000 | ZAR | 310,485.49 | 258,903.31 | 0.07% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| MULTICHOICE GROUP LTD | 51,800 | ZAR | 369,551.77 | 350,262.19 | 0.09% |
| NASPERS -N- | 25,000 | ZAR | 3,308,073.45 | 3,456,111.82 | 0.90% |
| NEDBANK GROUP | 55,000 | ZAR | 559,936.59 | 665,572.88 | 0.17% |
| NORTHAM PLATINUM HLDG LTD | 50,000 | ZAR | 631,076.42 | 500,056.93 | 0.13% |
| OLD MUTUAL LTD | 600,000 | ZAR | 432,155.59 | 386,406.30 | 0.10% |
| REMGRO LTD | 76,900 | ZAR | 547,482.50 | 583,292.45 | 0.15% |
| SANLAM LTD | 240,000 | ZAR | 832,448.93 | 740,863.14 | 0.19% |
| SASOL LTD | 63,000 | ZAR | 1,565,337.08 | 1,367,184.66 | 0.36% |
| SHOPRITE HLDG LTD | 60,000 | ZAR | 737,670.84 | 693,219.21 | 0.18% |
| SPAR GROUP LTD | 18,800 | ZAR | 178,428.32 | 151,611.40 | 0.04% |
| STANDARD BANK GROUP | 150,000 | ZAR | 1,189,146.44 | 1,358,990.60 | 0.35% |
| VODACOM GROUP LTD | 131,000 | ZAR | 1,040,392.39 | 1,002,976.58 | 0.26% |
| Total SOUTH AFRICAN RAND |  |  | 22,773,733.23 | 21,718,093.26 | 5.64% |
| Total Shares & Related Securities |  |  | 429,913,851.92 | 378,577,606.76 | 98.40% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 429,913,851.92 | 378,577,606.76 | 98.40% |
| Other Transferable Securities |  |  |  |  |  |
| MICROPORT SCIENTIFIC -DSO-20220623 | 23 | HKD | 0.00 | 0.00 | 0.00% |
| Total HONG KONG DOLLAR |  |  | 0.00 | 0.00 | 0.00% |
| PHOSAGRO P.J.S.C. GLOBAL GDR 1-3 RESTR | 318 | RUB | 0.00 | 0.00 | 0.00% |
| POLYUS GOLD OJSC | 3,300 | RUB | 543,006.99 | 0.00 | 0.00% |
| Total RUSSIAN RUBLE |  |  | 543,006.99 | 0.00 | 0.00% |
| Total Other Transferable Securities |  |  | 543,006.99 | 0.00 | 0.00% |
| Total Portfolio |  |  | 430,456,858.91 | 378,577,606.76 | 98.40% |

|  |
| --- |
| DPAM L BONDS EUR SHORT TERM |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  |  |  |  |
| Bonds |  |  |  |  |  |
| ACCOR 2,5 17-250124 | 400,000 | EUR | 401,130.00 | 387,928.00 | 1.32% |
| AKELIUS RESIDENTIAL PROPERTY 1,125 17-141124 | 200,000 | EUR | 198,530.00 | 195,207.00 | 0.66% |
| ASTM S.P.A 3,375 14-130224 | 800,000 | EUR | 820,808.00 | 798,032.00 | 2.72% |
| AVANTOR FUNDING 2,625 20-011125 | 200,000 | EUR | 195,103.00 | 186,778.00 | 0.64% |
| AZIMUT HLDG 1,625 19-280322 | 900,000 | EUR | 890,937.00 | 872,856.00 | 2.97% |
| BECTON DICKINSON 0,632 19-040623 | 200,000 | EUR | 198,784.00 | 198,400.00 | 0.68% |
| CARLSBERG -B-IES 2,50 14-280524 | 200,000 | EUR | 204,234.00 | 201,739.00 | 0.69% |
| CASTELLUM AB 2,125 18-201123 | 500,000 | EUR | 503,885.00 | 485,972.50 | 1.66% |
| CEPSA FINANCE S.A. 1,00 19-160225 | 300,000 | EUR | 293,773.50 | 289,947.00 | 0.99% |
| CIE FINANCE ET INDUSTRIES 0,375 16-070225 | 200,000 | EUR | 194,900.00 | 190,967.00 | 0.65% |
| CITYCON TREASURY 2,50 14-011024 | 500,000 | EUR | 496,835.00 | 476,757.50 | 1.62% |
| CREDIT AGRICOLE S.A. 0,375 19-211025 | 400,000 | EUR | 380,878.00 | 372,306.00 | 1.27% |
| DEUTSCHE TELEKOM A.G 0,625 17-131224 | 500,000 | EUR | 493,195.00 | 486,057.50 | 1.66% |
| EDENRED 1,375 15-100325 | 500,000 | EUR | 497,200.00 | 487,332.50 | 1.66% |
| EUROFINS SCIENTIFIC 2,125 17-250724 | 500,000 | EUR | 507,245.00 | 497,355.00 | 1.69% |
| FCC MEDIO AMBIENTE 0,815 19-041223 | 600,000 | EUR | 599,241.00 | 593,073.00 | 2.02% |
| FORD MOTOR CREDIT 3,021 19-060324 | 500,000 | EUR | 497,045.00 | 480,822.50 | 1.64% |
| GOLDMAN SACHS GROUP FRN 21-300424 | 600,000 | EUR | 594,558.00 | 590,298.00 | 2.01% |
| HEIMSTADEN BOSTAD 2,125 19-050923 | 800,000 | EUR | 809,968.00 | 786,092.00 | 2.68% |
| INGENICO GROUPGROUP S.A. 1,625 17-130924 | 400,000 | EUR | 397,792.00 | 391,924.00 | 1.34% |
| ING GROUP N.V. FRN 19-030925 | 600,000 | EUR | 578,115.00 | 566,316.00 | 1.93% |
| INTERCONTINENTAL A.G.1,625 20-081024 | 300,000 | EUR | 298,692.00 | 287,443.50 | 0.98% |
| LEASEPLAN CORP. 1,375 19-070324 | 400,000 | EUR | 399,896.00 | 393,284.00 | 1.34% |
| LEG IMMOBILIEN A.G. 1,25 17-230124 | 600,000 | EUR | 596,736.00 | 584,544.00 | 1.99% |
| LLOYDS BANK GROUP 1,00 16-091123 | 200,000 | EUR | 196,396.00 | 196,779.00 | 0.67% |
| LLOYDS BANK GROUP FRN 19-121125 | 600,000 | EUR | 581,841.00 | 569,280.00 | 1.94% |
| LOGICOR FINANCING 0,75 19-150724 | 500,000 | EUR | 487,192.50 | 474,955.00 | 1.62% |
| MEDIOBANCA DI CREDIT 1,60 19-250124 | 600,000 | EUR | 608,307.00 | 600,729.00 | 2.05% |
| MICHELIN 0,875 18-030925 | 500,000 | EUR | 490,005.00 | 481,017.50 | 1.64% |
| NE PROPERTY COOP 1,75 17-231124 | 800,000 | EUR | 778,360.00 | 745,212.00 | 2.54% |
| NEXI SpA 1,75 19-311024 | 500,000 | EUR | 490,272.50 | 463,357.50 | 1.58% |
| NIBC BANK N.V. 2,00 19-090424 | 1,000,000 | EUR | 1,009,325.00 | 992,275.00 | 3.38% |
| NISSAN MOTOR 1,94 20-150923 | 800,000 | EUR | 805,704.00 | 796,224.00 | 2.71% |
| ORANGE 1,00 18-120925 | 500,000 | EUR | 491,535.00 | 481,460.00 | 1.64% |
| PEUGEOT 2,00 17-230324 | 500,000 | EUR | 505,122.50 | 496,732.50 | 1.69% |
| POSCO 0,50 20-170124 | 700,000 | EUR | 691,502.00 | 686,402.50 | 2.34% |
| PPF TELECOM 3,50 20-200524 | 500,000 | EUR | 503,542.50 | 492,737.50 | 1.68% |
| PRAXAIR INC. 1,20 16-120224 | 200,000 | EUR | 198,600.00 | 198,693.00 | 0.68% |
| RCI BANQUE S.A. 1,00 16-170523 | 500,000 | EUR | 499,380.00 | 495,237.50 | 1.69% |
| SAP SE 0,75 18-101224 | 200,000 | EUR | 193,982.00 | 195,959.00 | 0.67% |
| SPIE S.A. 3,125 17-220324 | 500,000 | EUR | 505,487.50 | 495,897.50 | 1.69% |
| STE FONCIERE LYONNAIS 1,5 18-290525 | 400,000 | EUR | 392,372.00 | 384,170.00 | 1.31% |
| SUEZ S.A. 1,00 17-030425 | 500,000 | EUR | 492,612.00 | 484,665.00 | 1.65% |
| TIM SpA 4,00 19-110424 | 400,000 | EUR | 401,582.00 | 394,790.00 | 1.34% |
| UNIONE DI BANCHE ITAL 2,625 19-200624 | 600,000 | EUR | 611,355.00 | 597,666.00 | 2.04% |
| VINCI S.A. 1,00 18-260925 | 500,000 | EUR | 493,860.00 | 480,472.50 | 1.64% |

|  |
| --- |
| DPAM L BONDS EUR SHORT TERM |
|  |
| Investment | Quantity | CCY | Cost (in EUR) | Evaluation value (in EUR) | % Total Net Assets |
|  |
| VIRGIN MONEY UK FRN 20-240625 | 600,000 | EUR | 607,560.00 | 594,672.00 | 2.03% |
| VOLKSWAGEN LEASING 2,625 14-150124 | 300,000 | EUR | 307,210.50 | 302,458.50 | 1.03% |
| VONOVIA FINANCE B.V. 1,25 16-061224 | 400,000 | EUR | 396,540.00 | 384,026.00 | 1.31% |
| Total EURO |  |  | 23,789,126.50 | 23,287,300.50 | 79.33% |
| Total Bonds |  |  | 23,789,126.50 | 23,287,300.50 | 79.33% |
| Total Transferable securities admitted to an official stock exchange or dealt in on another regulated market |  |  | 23,789,126.50 | 23,287,300.50 | 79.33% |
| Other Transferable Securities |  |  |  |  |  |
| BACARDI LTD 2,75 13-030723 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| CAIXABANK S.A. 1,75 18-241023 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| MOLSON COORS BREWING 1,25 16-150724 | 0 | EUR | 0.00 | 0.00 | 0.00% |
| Total EURO |  |  | 0.00 | 0.00 | 0.00% |
| Total Other Transferable Securities |  |  | 0.00 | 0.00 | 0.00% |
| Total Portfolio |  |  | 23,789,126.50 | 23,287,300.50 | 79.33% |

(Content)
| DPAM L BONDS EUR QUALITY SUSTAINABLE | % Total Net Assets |
| --- | --- |
|  |
| NETHERLANDS | 19.66 % |
| FRANCE | 16.13 % |
| UNITED STATES OF AMERICA | 13.86 % |
| ITALY | 8.90 % |
| LUXEMBURG | 6.51 % |
| GERMANY | 6.06 % |
| UNITED KINGDOM | 5.22 % |
| BELGIUM | 4.04 % |
| SPAIN | 3.80 % |
| IRELAND | 3.17 % |
| SWEDEN | 2.01 % |
| JAPAN | 1.30 % |
| MEXICO | 1.04 % |
| AUSTRIA | 0.84 % |
| PORTUGAL | 0.81 % |
| DENMARK | 0.66 % |
| SWITZERLAND | 0.63 % |
| FINLAND | 0.60 % |
| CAYMAN ISLANDS | 0.51 % |
| CANADA | 0.45 % |
| NORWAY | 0.42 % |
| HONG-KONG | 0.41 % |
| AUSTRALIA | 0.35 % |
| GUERNSEY | 0.28 % |
| CZECH REPUBLIC | 0.18 % |
| LIECHTENSTEIN | 0.15 % |
| Total Portfolio | 97.99 % |

(Content)
|  |  |
| --- | --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | % Total Net Assets |
|  |
| UNITED STATES OF AMERICA | 23.12 % |
| MEXICO | 9.00 % |
| ITALY | 8.01 % |
| NETHERLANDS | 6.77 % |
| SPAIN | 6.12 % |
| JAPAN | 4.58 % |
| NEW ZEALAND | 3.93 % |
| FRANCE | 3.79 % |
| GERMANY | 3.34 % |
| CHINA | 3.29 % |
| AUSTRALIA | 2.97 % |
| CZECH REPUBLIC | 2.93 % |
| ROMANIA | 2.90 % |
| UNITED KINGDOM | 2.17 % |
| INDONESIA | 1.88 % |
| SOUTH AFRICA | 1.86 % |
| SERBIA | 1.63 % |
| LUXEMBURG | 1.45 % |
| PORTUGAL | 1.44 % |
| SWEDEN | 1.29 % |
| PHILIPPINES | 1.19 % |
| POLAND | 1.13 % |
| BELGIUM | 0.99 % |
| CHILE | 0.87 % |
| SWITZERLAND | 0.74 % |
| SINGAPORE | 0.30 % |
| MOROCCO | 0.20 % |
| IRELAND | 0.09 % |
| Total Portfolio | 97.98 % |

(Content)
| DPAM L BONDS HIGHER YIELD | % Total Net Assets |
| --- | --- |
|  |
| FRANCE | 19.83 % |
| UNITED STATES OF AMERICA | 9.07 % |
| NETHERLANDS | 8.63 % |
| LUXEMBURG | 8.22 % |
| MEXICO | 5.94 % |
| BRAZIL | 5.10 % |
| UNITED KINGDOM | 4.98 % |
| GERMANY | 4.71 % |
| SOUTH AFRICA | 3.98 % |
| FINLAND | 3.60 % |
| SWEDEN | 3.50 % |
| INDONESIA | 3.28 % |
| POLAND | 2.37 % |
| ITALY | 2.25 % |
| CAYMAN ISLANDS | 2.10 % |
| BELGIUM | 1.82 % |
| SPAIN | 1.37 % |
| SWITZERLAND | 0.98 % |
| CHILE | 0.81 % |
| Total Portfolio | 92.54 % |

(Content)
|  |  |
| --- | --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED | % Total Net Assets |
|  |
| GERMANY | 13.25 % |
| CANADA | 9.10 % |
| NEW ZEALAND | 8.17 % |
| SWITZERLAND | 8.05 % |
| FRANCE | 7.73 % |
| LUXEMBURG | 7.42 % |
| IRELAND | 5.57 % |
| SLOVENIA | 5.55 % |
| DENMARK | 5.18 % |
| BELGIUM | 5.16 % |
| JAPAN | 4.69 % |
| UNITED KINGDOM | 4.60 % |
| AUSTRALIA | 4.35 % |
| AUSTRIA | 4.10 % |
| SWEDEN | 3.84 % |
| FINLAND | 2.84 % |
| NORWAY | 1.82 % |
| NETHERLANDS | 0.90 % |
| EUROPEAN ORGANIZATIONS | 0.21 % |
| Total Portfolio | 102.53 % |

(Content)
| DPAM L EQUITIES CONVICTION RESEARCH | % Total Net Assets |
| --- | --- |
|  |
| FRANCE | 22.80 % |
| UNITED KINGDOM | 15.94 % |
| SPAIN | 11.85 % |
| SWITZERLAND | 10.00 % |
| SWEDEN | 6.63 % |
| NETHERLANDS | 6.58 % |
| GERMANY | 6.44 % |
| NORWAY | 6.12 % |
| BELGIUM | 5.06 % |
| IRELAND | 3.34 % |
| DENMARK | 2.12 % |
| ITALY | 1.99 % |
| Total Portfolio | 98.87 % |

(Content)
|  |  |
| --- | --- |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM | % Total Net Assets |
|  |
| FRANCE | 38.88 % |
| UNITED STATES OF AMERICA | 11.11 % |
| ITALY | 6.78 % |
| NETHERLANDS | 5.53 % |
| GERMANY | 5.43 % |
| JAPAN | 4.26 % |
| UNITED KINGDOM | 4.02 % |
| SWEDEN | 3.87 % |
| FINLAND | 3.17 % |
| IRELAND | 2.25 % |
| LUXEMBURG | 2.12 % |
| DENMARK | 2.04 % |
| JERSEY | 1.84 % |
| SPAIN | 1.17 % |
| AUSTRIA | 0.93 % |
| NORWAY | 0.44 % |
| Total Portfolio | 93.84 % |

(Content)
| DPAM L PATRIMONIAL FUND | % Total Net Assets |
| --- | --- |
|  |
| UNITED STATES OF AMERICA | 23.65 % |
| FRANCE | 8.31 % |
| LUXEMBURG | 7.32 % |
| GERMANY | 6.03 % |
| JERSEY | 4.70 % |
| SPAIN | 3.76 % |
| ITALY | 3.38 % |
| NETHERLANDS | 3.31 % |
| CANADA | 3.09 % |
| BELGIUM | 3.07 % |
| SWEDEN | 2.72 % |
| JAPAN | 2.54 % |
| PANAMA | 2.22 % |
| AUSTRALIA | 2.21 % |
| UNITED KINGDOM | 1.95 % |
| MEXICO | 1.52 % |
| SWITZERLAND | 1.49 % |
| INDONESIA | 1.35 % |
| PORTUGAL | 1.27 % |
| PERU | 1.08 % |
| NORWAY | 0.78 % |
| ROMANIA | 0.73 % |
| IRELAND | 0.70 % |
| HONG-KONG | 0.56 % |
| CHINA | 0.47 % |
| TAIWAN | 0.45 % |
| CAYMAN ISLANDS | 0.45 % |
| NEW ZEALAND | 0.43 % |
| Total Portfolio | 89.54 % |

(Content)
|  |  |
| --- | --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | % Total Net Assets |
|  |
| SOUTH AFRICA | 8.62 % |
| MALAYSIA | 7.92 % |
| BRAZIL | 7.79 % |
| INDONESIA | 6.78 % |
| POLAND | 6.59 % |
| MEXICO | 6.33 % |
| SINGAPORE | 5.58 % |
| COLOMBIA | 5.33 % |
| CZECH REPUBLIC | 4.45 % |
| URUGUAY | 3.51 % |
| PERU | 3.16 % |
| CHILE | 2.77 % |
| INDIA | 2.31 % |
| SOUTH KOREA | 2.30 % |
| ROMANIA | 2.23 % |
| UNITED STATES OF AMERICA | 1.90 % |
| SERBIA | 1.76 % |
| CÔTE D’IVOIRE | 1.71 % |
| PHILIPPINES | 1.64 % |
| NIGERIA | 1.33 % |
| UNITED KINGDOM | 1.24 % |
| SENEGAL | 1.09 % |
| HUNGARY | 1.02 % |
| BAHAMAS | 0.82 % |
| KENYA | 0.79 % |
| COSTA RICA | 0.77 % |
| CAYMAN ISLANDS | 0.69 % |
| ECUADOR | 0.57 % |
| ZAMBIAN KWACHA | 0.50 % |
| MACEDONIA | 0.45 % |
| GHANA | 0.45 % |
| UKRAINE | 0.42 % |
| TUNISIA | 0.36 % |
| UGANDA | 0.29 % |
| LUXEMBURG | 0.22 % |
| PAPUA NEW GUINEA | 0.20 % |
| ARGENTINA | 0.19 % |
| GEORGIA | 0.19 % |
| THAILAND | 0.18 % |
| NAMIBIE | 0.15 % |
| MOZAMBIQUE | 0.14 % |
| DOMINICAN REPUBLIC | 0.14 % |
| ARMENIA | 0.13 % |
| SRI LANKA | 0.05 % |
| PAKISTAN | 0.03 % |
| LIBANON | 0.01 % |
| Total Portfolio | 95.10 % |

(Content)
|  |  |
| --- | --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD | % Total Net Assets |
|  |
| FRANCE | 26.98 % |
| LUXEMBURG | 11.25 % |
| NETHERLANDS | 11.23 % |
| UNITED STATES OF AMERICA | 7.89 % |
| UNITED KINGDOM | 7.52 % |
| GERMANY | 7.20 % |
| SWEDEN | 3.43 % |
| ITALY | 3.14 % |
| FINLAND | 3.02 % |
| JERSEY | 1.44 % |
| SPAIN | 1.31 % |
| DENMARK | 1.24 % |
| PORTUGAL | 1.20 % |
| JAPAN | 0.87 % |
| BELGIUM | 0.78 % |
| IRELAND | 0.71 % |
| CAYMAN ISLANDS | 0.70 % |
| NORWAY | 0.47 % |
| Total Portfolio | 90.38 % |

(Content)
| DPAM L GLOBAL TARGET INCOME | % Total Net Assets |
| --- | --- |
|  |
| LUXEMBURG | 53.57 % |
| BELGIUM | 36.82 % |
| Total Portfolio | 90.39 % |

(Content)
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE | % Total Net Assets |
| --- | --- |
|  |
| FRANCE | 14.73 % |
| NETHERLANDS | 12.92 % |
| UNITED STATES OF AMERICA | 11.51 % |
| ITALY | 10.02 % |
| BELGIUM | 9.52 % |
| GERMANY | 8.85 % |
| SPAIN | 7.67 % |
| IRELAND | 3.81 % |
| PORTUGAL | 2.72 % |
| LUXEMBURG | 2.44 % |
| UNITED KINGDOM | 2.20 % |
| AUSTRALIA | 1.77 % |
| SWITZERLAND | 1.33 % |
| CANADA | 1.33 % |
| SWEDEN | 1.28 % |
| DENMARK | 1.06 % |
| JAPAN | 0.93 % |
| NORWAY | 0.91 % |
| NEW ZEALAND | 0.69 % |
| FINLAND | 0.21 % |
| Total Portfolio | 95.90 % |

(Content)
|  |  |
| --- | --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE | % Total Net Assets |
|  |
| NETHERLANDS | 14.67 % |
| FRANCE | 12.86 % |
| GERMANY | 10.68 % |
| ITALY | 8.25 % |
| BELGIUM | 7.99 % |
| SPAIN | 6.78 % |
| LUXEMBURG | 6.03 % |
| UNITED STATES OF AMERICA | 5.79 % |
| FINLAND | 3.25 % |
| UNITED KINGDOM | 3.22 % |
| SWEDEN | 2.40 % |
| IRELAND | 1.50 % |
| AUSTRIA | 1.24 % |
| CAYMAN ISLANDS | 1.13 % |
| NORWAY | 1.07 % |
| COLOMBIA | 0.99 % |
| CZECH REPUBLIC | 0.95 % |
| ICELAND | 0.92 % |
| DENMARK | 0.88 % |
| SERBIA | 0.84 % |
| MOROCCO | 0.82 % |
| SLOVAKIA | 0.73 % |
| JERSEY | 0.67 % |
| PORTUGAL | 0.62 % |
| HUNGARY | 0.61 % |
| CHILE | 0.40 % |
| GUERNSEY | 0.31 % |
| SWITZERLAND | 0.24 % |
| Total Portfolio | 95.84 % |

(Content)
| DPAM L BONDS GOVERNMENT SUSTAINABLE | % Total Net Assets |
| --- | --- |
|  |
| GERMANY | 11.43 % |
| CANADA | 8.05 % |
| SWITZERLAND | 7.64 % |
| NEW ZEALAND | 7.26 % |
| SLOVENIA | 7.07 % |
| FRANCE | 6.71 % |
| BELGIUM | 6.27 % |
| JAPAN | 5.77 % |
| IRELAND | 5.49 % |
| SWEDEN | 5.46 % |
| LUXEMBURG | 5.43 % |
| AUSTRALIA | 5.33 % |
| DENMARK | 4.59 % |
| UNITED KINGDOM | 4.45 % |
| AUSTRIA | 2.70 % |
| NORWAY | 1.78 % |
| FINLAND | 1.67 % |
| NETHERLANDS | 0.81 % |
| EUROPEAN ORGANIZATIONS | 0.66 % |
| Total Portfolio | 98.57 % |

(Content)
|  |  |
| --- | --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE | % Total Net Assets |
|  |
| UNITED STATES OF AMERICA | 41.39 % |
| NETHERLANDS | 12.14 % |
| FRANCE | 8.61 % |
| ITALY | 5.40 % |
| HONG-KONG | 4.55 % |
| CAYMAN ISLANDS | 3.85 % |
| ISRAEL | 3.09 % |
| TAIWAN | 2.13 % |
| VIETNAM | 2.12 % |
| AUSTRALIA | 1.81 % |
| LUXEMBURG | 1.52 % |
| DENMARK | 1.18 % |
| GERMANY | 0.85 % |
| SPAIN | 0.65 % |
| BELGIUM | 0.57 % |
| Total Portfolio | 89.86 % |

(Content)
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX | % Total Net Assets |
| --- | --- |
|  |
| CAYMAN ISLANDS | 25.37 % |
| TAIWAN | 20.00 % |
| INDIA | 8.60 % |
| SOUTH KOREA | 7.32 % |
| CHINA | 7.25 % |
| SOUTH AFRICA | 5.64 % |
| BRAZIL | 3.94 % |
| THAILAND | 2.91 % |
| MALAYSIA | 2.41 % |
| UNITED ARAB EMIRATES | 2.14 % |
| INDONESIA | 2.02 % |
| MEXICO | 1.98 % |
| HONG-KONG | 1.36 % |
| QATAR | 1.15 % |
| BERMUDA | 0.96 % |
| POLAND | 0.89 % |
| CHILE | 0.72 % |
| PHILIPPINES | 0.61 % |
| UNITED STATES OF AMERICA | 0.60 % |
| KUWAIT | 0.47 % |
| SAUDI ARABIA | 0.38 % |
| TURKEY | 0.30 % |
| CZECH REPUBLIC | 0.29 % |
| COLOMBIA | 0.23 % |
| HUNGARY | 0.23 % |
| GREECE | 0.22 % |
| ISLE OF MAN | 0.18 % |
| EGYPT | 0.15 % |
| SINGAPORE | 0.08 % |
| Total Portfolio | 98.40 % |

(Content)
|  |  |
| --- | --- |
| DPAM L BONDS EUR SHORT TERM | % Total Net Assets |
|  |
| FRANCE | 19.18 % |
| NETHERLANDS | 15.45 % |
| ITALY | 12.70 % |
| UNITED KINGDOM | 5.61 % |
| SWEDEN | 5.00 % |
| UNITED STATES OF AMERICA | 4.96 % |
| LUXEMBURG | 3.99 % |
| GERMANY | 3.69 % |
| SPAIN | 3.01 % |
| JAPAN | 2.71 % |
| SOUTH KOREA | 2.34 % |
| DENMARK | 0.69 % |
| Total Portfolio | 79.33 % |

| DPAM L BONDS EUR QUALITY SUSTAINABLE | % Total Net Assets |
| --- | --- |
|  |
| BANKS | 27.18 % |
| FINANCIAL SERVICES - HOLDINGS | 25.59 % |
| ENERGY SOURCES | 5.35 % |
| REAL ESTATE | 4.87 % |
| INSURANCE COMPANIES | 4.35 % |
| IT & INTERNET | 3.91 % |
| TELECOMMUNICATIONS | 3.67 % |
| PHARMACOLOGY & PERSONAL CARE | 3.40 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 3.33 % |
| ROAD VEHICLES | 3.29 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 1.83 % |
| TOBACCO & SPIRITS | 1.38 % |
| CHEMICAL PRODUCTS | 1.34 % |
| BUILDING MATERIALS | 1.28 % |
| MECHANICAL CONSTRUCTION | 1.16 % |
| OTHER SERVICES | 1.12 % |
| ASSET & MORTGAGE BACKED SECURITIES | 1.00 % |
| DISTRIBUTION | 0.85 % |
| OIL & DERIVED | 0.71 % |
| LEISURES & TOURISM | 0.61 % |
| FOOD & CLEANING MATERIALS | 0.54 % |
| PUBLISHING & BROADCASTING | 0.53 % |
| AIR TRANSPORT | 0.29 % |
| UNIT TRUSTS, UCITS | 0.28 % |
| FOREST PRODUCTS & PAPER INDUSTRY | 0.13 % |
| Total Portfolio | 97.99 % |

| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | % Total Net Assets |
| --- | --- |
|  |
| STATE | 59.72 % |
| BANKS | 10.52 % |
| FINANCIAL SERVICES - HOLDINGS | 5.92 % |
| TELECOMMUNICATIONS | 5.55 % |
| EUROPEAN ORGANIZATIONS | 4.45 % |
| IT & INTERNET | 2.33 % |
| INFORMATION, TECHNOLOGY & COPIERS | 2.04 % |
| ENERGY SOURCES | 1.91 % |
| ROAD VEHICLES | 0.96 % |
| OIL & DERIVED | 0.76 % |
| TOBACCO & SPIRITS | 0.74 % |
| REAL ESTATE | 0.65 % |
| DISTRIBUTION | 0.42 % |
| INSURANCE COMPANIES | 0.40 % |
| PHARMACOLOGY & PERSONAL CARE | 0.39 % |
| CHEMICAL PRODUCTS | 0.29 % |
| PUBLISHING & BROADCASTING | 0.25 % |
| MECHANICAL CONSTRUCTION | 0.20 % |
| MISCELLANEOUS | 0.15 % |
| TEXTILE & GARMENTS | 0.15 % |
| ASSET & MORTGAGE BACKED SECURITIES | 0.09 % |
| BUILDING MATERIALS | 0.09 % |
| Total Portfolio | 97.98 % |

|  |  |
| --- | --- |
| DPAM L BONDS HIGHER YIELD | % Total Net Assets |
|  |
| FINANCIAL SERVICES - HOLDINGS | 24.75 % |
| STATE | 21.48 % |
| TELECOMMUNICATIONS | 7.42 % |
| BANKS | 6.41 % |
| ROAD VEHICLES | 5.71 % |
| ENERGY SOURCES | 4.33 % |
| AGRICULTURE & FISHING | 3.14 % |
| OTHER SERVICES | 3.08 % |
| HEALTH CARE & SERVICES | 3.03 % |
| CHEMICAL PRODUCTS | 2.23 % |
| PACKAGING INDUSTRY | 2.15 % |
| DISTRIBUTION | 1.87 % |
| DIVERSIFIED COMPANIES | 1.75 % |
| REAL ESTATE | 1.11 % |
| FOOD & CLEANING MATERIALS | 1.10 % |
| LEISURES & TOURISM | 1.04 % |
| INTERMEDIARY INDUSTRIAL PRODUCTIONS | 1.00 % |
| BUILDING MATERIALS | 0.94 % |
| Total Portfolio | 92.54 % |

| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED | % Total Net Assets |
| --- | --- |
|  |
| STATE | 87.22 % |
| EUROPEAN ORGANIZATIONS | 7.56 % |
| BANKS | 7.32 % |
| FINANCIAL SERVICES - HOLDINGS | 0.43 % |
| Total Portfolio | 102.53 % |

|  |  |
| --- | --- |
| DPAM L EQUITIES CONVICTION RESEARCH | % Total Net Assets |
|  |
| PHARMACOLOGY & PERSONAL CARE | 14.42 % |
| FINANCIAL SERVICES - HOLDINGS | 13.59 % |
| FOOD & CLEANING MATERIALS | 10.71 % |
| CHEMICAL PRODUCTS | 8.49 % |
| OIL & DERIVED | 6.98 % |
| MECHANICAL CONSTRUCTION | 6.26 % |
| TELECOMMUNICATIONS | 5.02 % |
| IT & INTERNET | 4.42 % |
| ENERGY SOURCES | 3.82 % |
| BIOTECHNOLOGY | 3.25 % |
| TEXTILE & GARMENTS | 3.00 % |
| INSURANCE COMPANIES | 2.87 % |
| BANKS | 2.75 % |
| ROAD VEHICLES | 2.58 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 2.40 % |
| OTHER SERVICES | 2.18 % |
| ROAD & RAILWAY TRANSPORTS | 2.12 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 2.10 % |
| MISCELLANEOUS CONSUMER GOODS | 1.91 % |
| Total Portfolio | 98.87 % |

| DPAM L BONDS EUR HIGH YIELD SHORT TERM | % Total Net Assets |
| --- | --- |
|  |
| FINANCIAL SERVICES - HOLDINGS | 30.31 % |
| TELECOMMUNICATIONS | 12.66 % |
| ROAD VEHICLES | 11.57 % |
| IT & INTERNET | 7.75 % |
| PACKAGING INDUSTRY | 4.12 % |
| AGRICULTURE & FISHING | 3.68 % |
| ENERGY SOURCES | 3.33 % |
| HEALTH CARE & SERVICES | 3.02 % |
| DIVERSIFIED COMPANIES | 2.69 % |
| OTHER SERVICES | 2.55 % |
| CHEMICAL PRODUCTS | 2.46 % |
| MISCELLANEOUS | 2.39 % |
| AIR TRANSPORT | 1.92 % |
| PUBLISHING & BROADCASTING | 1.40 % |
| INTERMEDIARY INDUSTRIAL PRODUCTIONS | 1.37 % |
| BUILDING MATERIALS | 0.93 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 0.84 % |
| MECHANICAL CONSTRUCTION | 0.41 % |
| MISCELLANEOUS EQUIPMENT GOODS | 0.22 % |
| REAL ESTATE | 0.22 % |
| Total Portfolio | 93.84 % |

|  |  |
| --- | --- |
| DPAM L PATRIMONIAL FUND | % Total Net Assets |
|  |
| STATE | 31.15 % |
| FINANCIAL SERVICES - HOLDINGS | 11.54 % |
| BANKS | 6.66 % |
| TELECOMMUNICATIONS | 5.95 % |
| UNIT TRUSTS, UCITS | 4.13 % |
| INSURANCE COMPANIES | 3.47 % |
| PHARMACOLOGY & PERSONAL CARE | 3.32 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 3.12 % |
| REAL ESTATE | 2.89 % |
| EUROPEAN ORGANIZATIONS | 2.47 % |
| INFORMATION, TECHNOLOGY & COPIERS | 1.96 % |
| ENERGY SOURCES | 1.61 % |
| MECHANICAL CONSTRUCTION | 1.59 % |
| ROAD VEHICLES | 1.56 % |
| IT & INTERNET | 1.48 % |
| ASSET & MORTGAGE BACKED SECURITIES | 1.08 % |
| PUBLISHING & BROADCASTING | 1.01 % |
| MISCELLANEOUS CONSUMER GOODS | 0.91 % |
| DIVERSIFIED COMPANIES | 0.49 % |
| PHOTOGRAPHY & OPTICAL | 0.45 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 0.44 % |
| CHEMICAL PRODUCTS | 0.44 % |
| ROAD & RAILWAY TRANSPORTS | 0.41 % |
| FOOD & CLEANING MATERIALS | 0.37 % |
| DISTRIBUTION | 0.34 % |
| BUILDING MATERIALS | 0.28 % |
| INTERMEDIARY INDUSTRIAL PRODUCTIONS | 0.27 % |
| OTHER SERVICES | 0.15 % |
| Total Portfolio | 89.54 % |

| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | % Total Net Assets |
| --- | --- |
|  |
| STATE | 90.16 % |
| EUROPEAN ORGANIZATIONS | 3.92 % |
| MISCELLANEOUS | 0.57 % |
| BANKS | 0.36 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 0.09 % |
| Total Portfolio | 95.10 % |

|  |  |
| --- | --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD | % Total Net Assets |
|  |
| FINANCIAL SERVICES - HOLDINGS | 33.97 % |
| TELECOMMUNICATIONS | 11.25 % |
| ROAD VEHICLES | 6.81 % |
| HEALTH CARE & SERVICES | 4.73 % |
| PACKAGING INDUSTRY | 4.11 % |
| CHEMICAL PRODUCTS | 3.99 % |
| IT & INTERNET | 3.15 % |
| BUILDING MATERIALS | 2.90 % |
| PHARMACOLOGY & PERSONAL CARE | 2.83 % |
| OTHER SERVICES | 2.72 % |
| ENERGY SOURCES | 2.11 % |
| FINANCE | 1.66 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 1.44 % |
| AGRICULTURE & FISHING | 1.42 % |
| PUBLISHING & BROADCASTING | 1.22 % |
| OTHER SERVICES | 1.21 % |
| AIR TRANSPORT | 1.21 % |
| MISCELLANEOUS CONSUMER GOODS | 0.91 % |
| LEISURES & TOURISM | 0.76 % |
| DISTRIBUTION | 0.59 % |
| BANKS | 0.42 % |
| UTILITIES | 0.40 % |
| INTERMEDIARY INDUSTRIAL PRODUCTIONS | 0.26 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 0.25 % |
| MISCELLANEOUS | 0.06 % |
| Total Portfolio | 90.38 % |

| DPAM L GLOBAL TARGET INCOME | % Total Net Assets |
| --- | --- |
|  |
| UNIT TRUSTS, UCITS | 88.95 % |
| REAL ESTATE | 1.44 % |
| Total Portfolio | 90.39 % |

|  |  |
| --- | --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE | % Total Net Assets |
|  |
| STATE | 28.26 % |
| BANKS | 11.56 % |
| FINANCIAL SERVICES - HOLDINGS | 11.28 % |
| IT & INTERNET | 4.67 % |
| PHARMACOLOGY & PERSONAL CARE | 4.61 % |
| TELECOMMUNICATIONS | 4.08 % |
| INSURANCE COMPANIES | 3.61 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 3.05 % |
| ENERGY SOURCES | 2.88 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 2.84 % |
| CHEMICAL PRODUCTS | 2.71 % |
| MECHANICAL CONSTRUCTION | 1.89 % |
| DISTRIBUTION | 1.29 % |
| TOBACCO & SPIRITS | 1.29 % |
| EUROPEAN ORGANIZATIONS | 1.18 % |
| TEXTILE & GARMENTS | 1.13 % |
| REAL ESTATE | 1.06 % |
| PROVINCE | 0.78 % |
| ROAD VEHICLES | 0.77 % |
| PUBLISHING & BROADCASTING | 0.67 % |
| OTHER SERVICES | 0.57 % |
| LEISURES & TOURISM | 0.57 % |
| BIOTECHNOLOGY | 0.54 % |
| UTILITIES | 0.52 % |
| INFORMATION, TECHNOLOGY & COPIERS | 0.49 % |
| HEALTH CARE & SERVICES | 0.48 % |
| FOOD & CLEANING MATERIALS | 0.48 % |
| CONSUMER GOODS | 0.48 % |
| MISCELLANEOUS CONSUMER GOODS | 0.37 % |
| ROAD & RAILWAY TRANSPORTS | 0.37 % |
| PACKAGING INDUSTRY | 0.35 % |
| BUILDING MATERIALS | 0.31 % |
| TYRES & RUBBER | 0.24 % |
| OIL & DERIVED | 0.20 % |
| INTERMEDIARY INDUSTRIAL PRODUCTIONS | 0.16 % |
| NONFERROUS METALS | 0.16 % |
| Total Portfolio | 95.90 % |

|  |  |
| --- | --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE | % Total Net Assets |
|  |
| BANKS | 19.78 % |
| FINANCIAL SERVICES - HOLDINGS | 16.80 % |
| REAL ESTATE | 10.40 % |
| STATE | 7.93 % |
| ENERGY SOURCES | 7.84 % |
| EUROPEAN ORGANIZATIONS | 6.84 % |
| ROAD VEHICLES | 5.35 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 3.00 % |
| INSURANCE COMPANIES | 2.95 % |
| TELECOMMUNICATIONS | 2.37 % |
| OTHER SERVICES | 2.26 % |
| CHEMICAL PRODUCTS | 1.94 % |
| OIL & DERIVED | 1.42 % |
| NONFERROUS METALS | 1.37 % |
| FOREST PRODUCTS & PAPER INDUSTRY | 0.95 % |
| PACKAGING INDUSTRY | 0.89 % |
| UTILITIES | 0.62 % |
| IT & INTERNET | 0.45 % |
| LEISURES & TOURISM | 0.44 % |
| COMMERCIAL SERVICES - PUBLIC | 0.38 % |
| FOOD & CLEANING MATERIALS | 0.38 % |
| BUILDING MATERIALS | 0.37 % |
| UNIT TRUSTS, UCITS | 0.31 % |
| AGRICULTURE & FISHING | 0.30 % |
| TEXTILE & GARMENTS | 0.30 % |
| DISTRIBUTION | 0.20 % |
| Total Portfolio | 95.84 % |

| DPAM L BONDS GOVERNMENT SUSTAINABLE | % Total Net Assets |
| --- | --- |
|  |
| STATE | 82.79 % |
| BANKS | 9.25 % |
| EUROPEAN ORGANIZATIONS | 6.09 % |
| FINANCIAL SERVICES - HOLDINGS | 0.44 % |
| Total Portfolio | 98.57 % |

|  |  |
| --- | --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE | % Total Net Assets |
|  |
| IT & INTERNET | 24.02 % |
| TELECOMMUNICATIONS | 9.84 % |
| FINANCIAL SERVICES - HOLDINGS | 9.70 % |
| ENERGY SOURCES | 7.50 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 5.49 % |
| OTHER SERVICES | 4.94 % |
| ROAD VEHICLES | 3.79 % |
| REAL ESTATE | 3.78 % |
| BIOTECHNOLOGY | 3.65 % |
| LEISURES & TOURISM | 3.08 % |
| PHARMACOLOGY & PERSONAL CARE | 2.61 % |
| BANKS | 2.31 % |
| TEXTILE & GARMENTS | 1.99 % |
| INFORMATION, TECHNOLOGY & COPIERS | 1.48 % |
| HEALTH CARE & SERVICES | 1.37 % |
| PUBLISHING & BROADCASTING | 1.09 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 1.00 % |
| PHOTOGRAPHY & OPTICAL | 0.79 % |
| NONFERROUS METALS | 0.57 % |
| BUILDING MATERIALS | 0.55 % |
| OTHER SERVICES | 0.31 % |
| Total Portfolio | 89.86 % |

|  |  |
| --- | --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX | % Total Net Assets |
|  |
| BANKS | 14.40 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 13.83 % |
| IT & INTERNET | 12.96 % |
| PHOTOGRAPHY & OPTICAL | 9.22 % |
| FINANCIAL SERVICES - HOLDINGS | 6.44 % |
| CHEMICAL PRODUCTS | 6.04 % |
| PHARMACOLOGY & PERSONAL CARE | 3.73 % |
| PUBLISHING & BROADCASTING | 3.32 % |
| TELECOMMUNICATIONS | 3.21 % |
| ROAD VEHICLES | 2.49 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 2.35 % |
| FOOD & CLEANING MATERIALS | 2.31 % |
| REAL ESTATE | 1.87 % |
| OIL & DERIVED | 1.76 % |
| BUILDING MATERIALS | 1.42 % |
| DISTRIBUTION | 1.41 % |
| INTERMEDIARY INDUSTRIAL PRODUCTIONS | 1.36 % |
| ENERGY SOURCES | 1.18 % |
| PRECIOUS METALS & STONES | 0.99 % |
| AIR TRANSPORT | 0.98 % |
| MISCELLANEOUS CONSUMER GOODS | 0.72 % |
| LEISURES & TOURISM | 0.70 % |
| INFORMATION, TECHNOLOGY & COPIERS | 0.67 % |
| FOREST PRODUCTS & PAPER INDUSTRY | 0.62 % |
| NONFERROUS METALS | 0.56 % |
| INSURANCE COMPANIES | 0.54 % |
| MECHANICAL CONSTRUCTION | 0.52 % |
| HEALTH CARE & SERVICES | 0.46 % |
| ROAD & RAILWAY TRANSPORTS | 0.42 % |
| TOBACCO & SPIRITS | 0.38 % |
| SHIPPING | 0.25 % |
| DIVERSIFIED COMPANIES | 0.23 % |
| AEROSPACE INDUSTRY & DEFENCE | 0.22 % |
| PACKAGING INDUSTRY | 0.20 % |
| AGRICULTURE & FISHING | 0.16 % |
| BIOTECHNOLOGY | 0.14 % |
| TEXTILE & GARMENTS | 0.11 % |
| MISCELLANEOUS | 0.11 % |
| OTHER SERVICES | 0.09 % |
| TYRES & RUBBER | 0.03 % |
| Total Portfolio | 98.40 % |

|  |  |
| --- | --- |
| DPAM L BONDS EUR SHORT TERM | % Total Net Assets |
|  |
| FINANCIAL SERVICES - HOLDINGS | 19.25 % |
| BANKS | 18.31 % |
| REAL ESTATE | 9.61 % |
| ROAD VEHICLES | 4.40 % |
| TELECOMMUNICATIONS | 2.99 % |
| AIR TRANSPORT | 2.72 % |
| INTERMEDIARY INDUSTRIAL PRODUCTIONS | 2.34 % |
| LEISURES & TOURISM | 2.30 % |
| OTHER SERVICES | 2.03 % |
| UTILITIES | 2.02 % |
| PHARMACOLOGY & PERSONAL CARE | 1.69 % |
| MISCELLANEOUS | 1.69 % |
| ENERGY SOURCES | 1.65 % |
| TYRES & RUBBER | 1.64 % |
| BUILDING MATERIALS | 1.64 % |
| ELECTRIC & ELECTRONIC COMPONENTS | 1.34 % |
| OIL & DERIVED | 0.99 % |
| TOBACCO & SPIRITS | 0.69 % |
| CHEMICAL PRODUCTS | 0.68 % |
| MISCELLANEOUS CONSUMER GOODS | 0.68 % |
| IT & INTERNET | 0.67 % |
| Total Portfolio | 79.33 % |

| DPAM L BONDS EUR QUALITY SUSTAINABLE | % Total Net Assets |
| --- | --- |
|  |
| EURO | 97.99 % |
| Total Portfolio | 97.99 % |

| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | % Total Net Assets |
| --- | --- |
|  |
| EURO | 51.89 % |
| U.S. DOLLAR | 27.06 % |
| JAPANESE YEN | 4.34 % |
| NEW ZEALAND DOLLAR | 3.93 % |
| CZECH KORUNA | 2.93 % |
| NEW MEXICAN PESO | 2.71 % |
| AUSTRALIAN DOLLAR | 2.68 % |
| SOUTH AFRICAN RAND | 1.86 % |
| BRITISH POUND | 0.58 % |
| Total Portfolio | 97.98 % |

| DPAM L BONDS HIGHER YIELD | % Total Net Assets |
| --- | --- |
|  |
| EURO | 55.22 % |
| U.S. DOLLAR | 19.68 % |
| BRAZILIAN REAL | 5.10 % |
| NEW MEXICAN PESO | 4.18 % |
| SOUTH AFRICAN RAND | 3.98 % |
| INDONESIAN RUPIAH | 1.79 % |
| POLISH ZLOTY | 1.35 % |
| BRITISH POUND | 1.24 % |
| Total Portfolio | 92.54 % |

| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED | % Total Net Assets |
| --- | --- |
|  |
| EURO | 47.68 % |
| NEW ZEALAND DOLLAR | 8.17 % |
| SWISS FRANC | 8.05 % |
| CANADIAN DOLLAR | 7.69 % |
| BRITISH POUND | 5.58 % |
| U.S. DOLLAR | 5.48 % |
| DANISH KRONE | 5.18 % |
| JAPANESE YEN | 4.69 % |
| AUSTRALIAN DOLLAR | 4.35 % |
| SWEDISH KRONA | 3.84 % |
| NORWEGIAN KRONE | 1.82 % |
| Total Portfolio | 102.53 % |

|  |  |
| --- | --- |
| DPAM L EQUITIES CONVICTION RESEARCH | % Total Net Assets |
|  |
| EURO | 58.06 % |
| BRITISH POUND | 15.94 % |
| SWISS FRANC | 10.00 % |
| SWEDISH KRONA | 6.63 % |
| NORWEGIAN KRONE | 6.12 % |
| DANISH KRONE | 2.12 % |
| Total Portfolio | 98.87 % |

| DPAM L BONDS EUR HIGH YIELD SHORT TERM | % Total Net Assets |
| --- | --- |
|  |
| EURO | 93.84 % |
| Total Portfolio | 93.84 % |

| DPAM L PATRIMONIAL FUND | % Total Net Assets |
| --- | --- |
|  |
| EURO | 48.13 % |
| U.S. DOLLAR | 21.89 % |
| CANADIAN DOLLAR | 3.09 % |
| SWEDISH KRONA | 2.72 % |
| JAPANESE YEN | 2.54 % |
| AUSTRALIAN DOLLAR | 2.21 % |
| BRITISH POUND | 1.95 % |
| SWISS FRANC | 1.49 % |
| INDONESIAN RUPIAH | 1.35 % |
| PERUVIAN SOL | 1.08 % |
| HONG KONG DOLLAR | 1.01 % |
| NEW MEXICAN PESO | 0.87 % |
| NORWEGIAN KRONE | 0.78 % |
| NEW ZEALAND DOLLAR | 0.43 % |
| Total Portfolio | 89.54 % |

|  |  |
| --- | --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | % Total Net Assets |
|  |
| SOUTH AFRICAN RAND | 8.75 % |
| U.S. DOLLAR | 8.56 % |
| INDONESIAN RUPIAH | 8.33 % |
| MALAYSIAN RINGGIT | 7.92 % |
| BRAZILIAN REAL | 7.79 % |
| NEW MEXICAN PESO | 6.33 % |
| POLISH ZLOTY | 6.26 % |
| SINGAPORE DOLLAR | 5.58 % |
| CZECH KORUNA | 4.45 % |
| COLOMBIAN PESO | 4.43 % |
| INDIAN RUPEE | 4.27 % |
| URUGUAYAN PESO | 3.98 % |
| EURO | 3.46 % |
| PERUVIAN SOL | 3.16 % |
| CHILEAN PESO | 2.77 % |
| ROMANIAN LEU | 1.98 % |
| SOUTH KOREAN WON | 1.98 % |
| SERBIAN DINAR | 1.36 % |
| HUNGARIAN FORINT | 1.02 % |
| PHILIPPINE PESO | 0.91 % |
| ZAMBIAN KWACHA | 0.50 % |
| KENYAN SHILLING | 0.49 % |
| GHANAIAN CEDI | 0.32 % |
| UGANDA SHILLING | 0.29 % |
| THAI BAHT | 0.18 % |
| PAKISTAN RUPEE | 0.03 % |
| Total Portfolio | 95.10 % |

| DPAM L BONDS EUR CORPORATE HIGH YIELD | % Total Net Assets |
| --- | --- |
|  |
| EURO | 90.38 % |
| Total Portfolio | 90.38 % |

| DPAM L GLOBAL TARGET INCOME | % Total Net Assets |
| --- | --- |
|  |
| EURO | 90.39 % |
| Total Portfolio | 90.39 % |

|  |  |
| --- | --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE | % Total Net Assets |
|  |
| EURO | 77.93 % |
| U.S. DOLLAR | 9.15 % |
| BRITISH POUND | 2.37 % |
| CANADIAN DOLLAR | 1.33 % |
| AUSTRALIAN DOLLAR | 1.32 % |
| DANISH KRONE | 1.06 % |
| SWISS FRANC | 0.73 % |
| NEW ZEALAND DOLLAR | 0.69 % |
| JAPANESE YEN | 0.45 % |
| NORWEGIAN KRONE | 0.44 % |
| SWEDISH KRONA | 0.43 % |
| Total Portfolio | 95.90 % |

| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE | % Total Net Assets |
| --- | --- |
|  |
| EURO | 81.63 % |
| NEW MEXICAN PESO | 1.97 % |
| BRAZILIAN REAL | 1.90 % |
| BRITISH POUND | 1.80 % |
| U.S. DOLLAR | 1.77 % |
| POLISH ZLOTY | 1.46 % |
| NORWEGIAN KRONE | 1.39 % |
| RUSSIAN RUBLE | 1.19 % |
| COLOMBIAN PESO | 0.99 % |
| SWEDISH KRONA | 0.91 % |
| CHINA YUAN RENMINBI | 0.83 % |
| Total Portfolio | 95.84 % |

| DPAM L BONDS GOVERNMENT SUSTAINABLE | % Total Net Assets |
| --- | --- |
|  |
| EURO | 42.93 % |
| SWISS FRANC | 7.64 % |
| NEW ZEALAND DOLLAR | 7.26 % |
| CANADIAN DOLLAR | 7.06 % |
| JAPANESE YEN | 5.77 % |
| BRITISH POUND | 5.72 % |
| SWEDISH KRONA | 5.46 % |
| AUSTRALIAN DOLLAR | 5.33 % |
| U.S. DOLLAR | 5.03 % |
| DANISH KRONE | 4.59 % |
| NORWEGIAN KRONE | 1.78 % |
| Total Portfolio | 98.57 % |

|  |  |
| --- | --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE | % Total Net Assets |
|  |
| U.S. DOLLAR | 62.59 % |
| EURO | 22.99 % |
| HONG KONG DOLLAR | 2.47 % |
| AUSTRALIAN DOLLAR | 1.81 % |
| Total Portfolio | 89.86 % |

| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX | % Total Net Assets |
| --- | --- |
|  |
| HONG KONG DOLLAR | 31.13 % |
| TAIWAN DOLLAR | 20.39 % |
| SOUTH KOREAN WON | 7.32 % |
| U.S. DOLLAR | 6.33 % |
| SOUTH AFRICAN RAND | 5.64 % |
| EURO | 4.55 % |
| BRAZILIAN REAL | 3.94 % |
| THAI BAHT | 2.91 % |
| MALAYSIAN RINGGIT | 2.41 % |
| CHINA YUAN RENMINBI | 2.22 % |
| ARAB EMIRATES DIRHAM | 2.14 % |
| INDONESIAN RUPIAH | 2.02 % |
| NEW MEXICAN PESO | 1.98 % |
| QATARI RIYAL | 1.15 % |
| POLISH ZLOTY | 0.89 % |
| CHILEAN PESO | 0.72 % |
| PHILIPPINE PESO | 0.61 % |
| KUWAITI DINAR | 0.47 % |
| SAUDI ARABIA RIYAL | 0.38 % |
| TURKISH LIRA | 0.30 % |
| CZECH KORUNA | 0.29 % |
| COLOMBIAN PESO | 0.23 % |
| HUNGARIAN FORINT | 0.23 % |
| EGYPTIAN POUND | 0.15 % |
| Total Portfolio | 98.40 % |

| DPAM L BONDS EUR SHORT TERM | % Total Net Assets |
| --- | --- |
|  |
| EURO | 79.33 % |
| Total Portfolio | 79.33 % |

DPAM L BONDS EUR QUALITY SUSTAINABLE
| Shares outstanding at the beginning of the financial period	- A | 132,568.005 |
| --- | --- |
| - B | 59,995.324 |
| - E | 28,736.354 |
| - F | 708,241.536 |
| - F LC | 1,000.000 |
| - J | 21,802.184 |
| - L | 84.000 |
| - M | 603,808.987 |
| - N | 19,804.298 |
| - P | 471,763.000 |
| - W | 7,923.649 |
| Shares issued during the financial period	- A | 3,565.431 |
| - B | 6,090.999 |
| - E | 253.398 |
| - F | 40,823.465 |
| - F LC | 0.000 |
| - J | 260.000 |
| - L | 0.000 |
| - M | 54,805.000 |
| - N | 17,183.171 |
| - P | 849.000 |
| - W | 748.898 |
| Shares redeemed during the financial period	- A | 8,425.000 |
| - B | 9,305.641 |
| - E | 127.234 |
| - F | 95,979.766 |
| - F LC | 0.000 |
| - J | 2,125.000 |
| - L | 61.000 |
| - M | 76,797.950 |
| - N | 2,844.386 |
| - P | 109,943.000 |
| - W | 899.888 |
| Shares outstanding at the end of the financial period	- A | 127,708.436 |
| - B | 56,780.682 |
| - E | 28,862.518 |
| - F | 653,085.235 |
| - F LC | 1,000.000 |
| - J | 19,937.184 |
| - L | 23.000 |
| - M | 581,816.037 |
| - N | 34,143.083 |
| - P | 362,669.000 |
| - W | 7,772.659 |

DPAM L BONDS UNIVERSALIS UNCONSTRAINED
| Shares outstanding at the beginning of the financial period	- A | 296,581.842 |
| --- | --- |
| - B | 356,954.433 |
| - B CHF | 709.974 |
| - E | 179,371.839 |
| - F | 2,104,169.785 |
| - F LC | 1,000.000 |
| - J | 8,254.250 |
| - M | 846,902.179 |
| - N | 31,969.349 |
| - P | 591,720.000 |
| - V | 33,475.632 |
| - W | 57,273.485 |
| Shares issued during the financial period	- A | 2,011.019 |
| - B | 16,279.910 |
| - B CHF | 0.000 |
| - E | 96,272.000 |
| - F | 697,501.548 |
| - F LC | 0.000 |
| - J | 1,686.000 |
| - M | 26,162.899 |
| - N | 948.000 |
| - P | 3,900.000 |
| - V | 6,908.000 |
| - W | 35,105.479 |
| Shares redeemed during the financial period	- A | 55,956.866 |
| - B | 51,272.700 |
| - B CHF | 0.000 |
| - E | 27,083.000 |
| - F | 484,658.595 |
| - F LC | 0.000 |
| - J | 0.000 |
| - M | 42,834.867 |
| - N | 1,965.539 |
| - P | 35,200.000 |
| - V | 1,405.000 |
| - W | 11,404.609 |
| Shares outstanding at the end of the financial period	- A | 242,635.995 |
| - B | 321,961.643 |
| - B CHF | 709.974 |
| - E | 248,560.839 |
| - F | 2,317,012.738 |
| - F LC | 1,000.000 |
| - J | 9,940.250 |
| - M | 830,230.211 |
| - N | 30,951.810 |
| - P | 560,420.000 |
| - V | 38,978.632 |
| - W | 80,974.355 |

DPAM L BONDS HIGHER YIELD
| Shares outstanding at the beginning of the financial period	- A | 543,263.509 |
| --- | --- |
| - B | 100,928.421 |
| - B CHF | 269.232 |
| - E | 197,275.858 |
| - F | 89,055.261 |
| - F LC | 1,000.000 |
| - M | 111,600.272 |
| - N | 2,889.548 |
| - V | 8,558.299 |
| - W | 6,513.081 |
| Shares issued during the financial period	- A | 538.668 |
| - B | 13,303.214 |
| - B CHF | 104.444 |
| - E | 7,776.000 |
| - F | 11,987.276 |
| - F LC | 0.000 |
| - M | 0.000 |
| - N | 13.000 |
| - V | 6.076 |
| - W | 3,815.384 |
| Shares redeemed during the financial period	- A | 215,239.890 |
| - B | 28,749.924 |
| - B CHF | 7.569 |
| - E | 0.000 |
| - F | 45,637.013 |
| - F LC | 0.000 |
| - M | 26,116.409 |
| - N | 471.835 |
| - V | 1,656.152 |
| - W | 4,387.555 |
| Shares outstanding at the end of the financial period	- A | 328,562.287 |
| - B | 85,481.711 |
| - B CHF | 366.107 |
| - E | 205,051.858 |
| - F | 55,405.524 |
| - F LC | 1,000.000 |
| - M | 85,483.863 |
| - N | 2,430.713 |
| - V | 6,908.223 |
| - W | 5,940.910 |

DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED
| Shares outstanding at the beginning of the financial period	- A | 8,260.057 |
| --- | --- |
| - B | 14,882.933 |
| - E | 7,029.997 |
| - F | 280,714.139 |
| - J | 10,888.841 |
| - L | 889.841 |
| - M | 17,403.804 |
| - N | 150.000 |
| - P | 21,850.000 |
| - V | 57,125.519 |
| - W | 22,232.513 |
| Shares issued during the financial period	- A | 1,534.313 |
| - B | 13,795.597 |
| - E | 890.674 |
| - F | 66,286.643 |
| - J | 2,381.000 |
| - L | 337.126 |
| - M | 8,359.952 |
| - N | 68.000 |
| - P | 2,770.000 |
| - V | 25,723.322 |
| - W | 5,672.322 |
| Shares redeemed during the financial period	- A | 3,830.895 |
| - B | 3,394.968 |
| - E | 991.402 |
| - F | 24,635.247 |
| - J | 0.000 |
| - L | 217.863 |
| - M | 920.923 |
| - N | 0.000 |
| - P | 1,315.000 |
| - V | 5,336.670 |
| - W | 5,024.278 |
| Shares outstanding at the end of the financial period	- A | 5,963.475 |
| - B | 25,283.562 |
| - E | 6,929.269 |
| - F | 322,365.535 |
| - J | 13,269.841 |
| - L | 1,009.104 |
| - M | 24,842.833 |
| - N | 218.000 |
| - P | 23,305.000 |
| - V | 77,512.171 |
| - W | 22,880.557 |

DPAM L EQUITIES CONVICTION RESEARCH
| Shares outstanding at the beginning of the financial period	- A | 2,243.857 |
| --- | --- |
| - B | 12,231.170 |
| - F | 557.887 |
| - J | 6,229.000 |
| - M | 11,588.126 |
| - N | 1,624.338 |
| - P | 2,654.000 |
| - W | 0.000 |
| Shares issued during the financial period	- A | 20.000 |
| - B | 15.163 |
| - F | 0.000 |
| - J | 0.000 |
| - M | 183.679 |
| - N | 0.000 |
| - P | 0.000 |
| - W | 15.000 |
| Shares redeemed during the financial period	- A | 82.987 |
| - B | 344.107 |
| - F | 215.000 |
| - J | 328.000 |
| - M | 1,385.533 |
| - N | 155.100 |
| - P | 286.000 |
| - W | 0.000 |
| Shares outstanding at the end of the financial period	- A | 2,180.870 |
| - B | 11,902.226 |
| - F | 342.887 |
| - J | 5,901.000 |
| - M | 10,386.272 |
| - N | 1,469.238 |
| - P | 2,368.000 |
| - W | 15.000 |

DPAM L BONDS EUR HIGH YIELD SHORT TERM
| Shares outstanding at the beginning of the financial period	- A | 150,432.201 |
| --- | --- |
| - B | 135,404.885 |
| - E | 148,218.909 |
| - F | 1,460,941.202 |
| - F CHF | 300.000 |
| - F LC | 1,000.000 |
| - J | 2,953.153 |
| - L | 3,347.334 |
| - M | 148,186.287 |
| - N | 103,165.844 |
| - P | 252,585.000 |
| - V | 607.387 |
| - W | 101,520.989 |
| Shares issued during the financial period	- A | 4,269.840 |
| - B | 4,554.985 |
| - E | 26,585.000 |
| - F | 544,587.572 |
| - F CHF | 0.000 |
| - F LC | 0.000 |
| - J | 0.000 |
| - L | 449.000 |
| - M | 16,438.026 |
| - N | 11,811.000 |
| - P | 162,975.000 |
| - V | 0.000 |
| - W | 2,918.310 |
| Shares redeemed during the financial period	- A | 15,486.727 |
| - B | 30,696.988 |
| - E | 63,156.000 |
| - F | 244,774.585 |
| - F CHF | 0.000 |
| - F LC | 0.000 |
| - J | 27.000 |
| - L | 300.000 |
| - M | 31,437.041 |
| - N | 25,874.562 |
| - P | 98,347.000 |
| - V | 0.000 |
| - W | 73,590.619 |
| Shares outstanding at the end of the financial period	- A | 139,215.314 |
| - B | 109,262.882 |
| - E | 111,647.909 |
| - F | 1,760,754.189 |
| - F CHF | 300.000 |
| - F LC | 1,000.000 |
| - J | 2,926.153 |
| - L | 3,496.334 |
| - M | 133,187.272 |
| - N | 89,102.282 |
| - P | 317,213.000 |
| - V | 607.387 |
| - W | 30,848.680 |

DPAM L PATRIMONIAL FUND
| Shares outstanding at the beginning of the financial period	- A | 808,263.805 |
| --- | --- |
| - B | 268,887.176 |
| - E | 1,971.381 |
| - F | 53,041.174 |
| - M | 33,279.428 |
| - N | 36,654.546 |
| Shares issued during the financial period	- A | 433.786 |
| - B | 27,816.995 |
| - E | 0.000 |
| - F | 63.279 |
| - M | 0.000 |
| - N | 2,200.000 |
| Shares redeemed during the financial period	- A | 80,934.470 |
| - B | 39,328.239 |
| - E | 0.000 |
| - F | 14,179.021 |
| - M | 11,127.331 |
| - N | 4,901.695 |
| Shares outstanding at the end of the financial period	- A | 727,763.121 |
| - B | 257,375.932 |
| - E | 1,971.381 |
| - F | 38,925.432 |
| - M | 22,152.097 |
| - N | 33,952.851 |

DPAM L BONDS EMERGING MARKETS SUSTAINABLE
| Shares outstanding at the beginning of the financial period	- A | 949,019.280 |
| --- | --- |
| - B | 720,414.090 |
| - B CHF | 3,717.000 |
| - B USD | 132,623.414 |
| - E | 3,050,330.769 |
| - F | 10,296,616.628 |
| - F CHF | 73,653.984 |
| - F USD | 1,730,166.188 |
| - J | 9,456.548 |
| - L | 23,624.961 |
| - M | 481,528.775 |
| - N | 18,957.701 |
| - N USD | 13,752.044 |
| - P | 705,642.000 |
| - V | 170,206.228 |
| - W | 1,680,929.037 |
| - W CHF | 8,632.215 |
| - W USD | 672,221.661 |
| Shares issued during the financial period	- A | 124,261.031 |
| - B | 118,707.177 |
| - B CHF | 0.000 |
| - B USD | 46,631.835 |
| - E | 107,733.348 |
| - F | 2,446,108.939 |
| - F CHF | 2,850.000 |
| - F USD | 120,129.722 |
| - J | 1,767.000 |
| - L | 25,739.807 |
| - M | 35,410.656 |
| - N | 999.000 |
| - N USD | 0.000 |
| - P | 276,052.328 |
| - V | 5,012.820 |
| - W | 784,282.805 |
| - W CHF | 470.000 |
| - W USD | 118,890.380 |
| Shares redeemed during the financial period	- A | 112,405.259 |
| - B | 217,621.374 |
| - B CHF | 0.000 |
| - B USD | 15,133.375 |
| - E | 276,689.604 |
| - F | 1,335,307.455 |
| - F CHF | 6,588.000 |
| - F USD | 425,452.647 |
| - J | 0.000 |
| - L | 2,773.452 |
| - M | 55,851.671 |
| - N | 8,531.422 |
| - N USD | 7,504.250 |
| - P | 87,467.000 |
| - V | 2,483.000 |
| - W | 323,355.942 |
| - W CHF | 1,966.746 |
| - W USD | 49,484.554 |

|  |  |
| --- | --- |
| Shares outstanding at the end of the financial period	- A | 960,875.052 |
| - B | 621,499.893 |
| - B CHF | 3,717.000 |
| - B USD | 164,121.874 |
| - E | 2,881,374.513 |
| - F | 11,407,418.112 |
| - F CHF | 69,915.984 |
| - F USD | 1,424,843.263 |
| - J | 11,223.548 |
| - L | 46,591.316 |
| - M | 461,087.760 |
| - N | 11,425.279 |
| - N USD | 6,247.794 |
| - P | 894,227.328 |
| - V | 172,736.048 |
| - W | 2,141,855.900 |
| - W CHF | 7,135.469 |
| - W USD | 741,627.487 |

DPAM L BONDS EUR CORPORATE HIGH YIELD
| Shares outstanding at the beginning of the financial period	- A | 119,893.151 |
| --- | --- |
| - B | 142,133.749 |
| - F | 1,966,219.177 |
| - J | 1,828.000 |
| - L | 337.323 |
| - M | 120,005.455 |
| - N | 50.000 |
| - P | 59,550.000 |
| - V | 516,277.081 |
| - W | 4,454.503 |
| Shares issued during the financial period	- A | 4,848.564 |
| - B | 3,533.392 |
| - F | 265,784.585 |
| - J | 0.000 |
| - L | 0.000 |
| - M | 2,851.000 |
| - N | 631.000 |
| - P | 4,250.000 |
| - V | 107,718.000 |
| - W | 16.309 |
| Shares redeemed during the financial period	- A | 18,986.826 |
| - B | 26,600.137 |
| - F | 514,141.593 |
| - J | 502.000 |
| - L | 99.900 |
| - M | 47,949.753 |
| - N | 631.000 |
| - P | 32,800.000 |
| - V | 16,243.129 |
| - W | 151.638 |
| Shares outstanding at the end of the financial period	- A | 105,754.889 |
| - B | 119,067.004 |
| - F | 1,717,862.169 |
| - J | 1,326.000 |
| - L | 237.423 |
| - M | 74,906.702 |
| - N | 50.000 |
| - P | 31,000.000 |
| - V | 607,751.952 |
| - W | 4,319.174 |

DPAM L GLOBAL TARGET INCOME
| Shares outstanding at the beginning of the financial period	- A | 132,745.221 |
| --- | --- |
| - B | 25,215.273 |
| - E | 6,600.000 |
| - F | 306,628.502 |
| - M | 15,495.101 |
| Shares issued during the financial period	- A | 2,623.804 |
| - B | 278.050 |
| - E | 0.000 |
| - F | 390.000 |
| - M | 0.000 |
| Shares redeemed during the financial period	- A | 16,127.460 |
| - B | 2,114.809 |
| - F | 25,021.646 |
| - M | 0.000 |
| Shares outstanding at the end of the financial period	- A | 119,241.565 |
| - B | 23,378.514 |
| - F | 281,996.856 |
| - M | 15,495.101 |

DPAM L BALANCED CONSERVATIVE SUSTAINABLE
| Shares outstanding at the beginning of the financial period	- A | 63,623.637 |
| --- | --- |
| - B | 282,616.090 |
| - F | 349.859 |
| - V | 12,119.728 |
| - W | 349.816 |
| Shares issued during the financial period	- A | 586.902 |
| - B | 48,153.553 |
| - F | 14.000 |
| - V | 1,922.460 |
| - W | 556.291 |
| Shares redeemed during the financial period	- A | 8,138.835 |
| - B | 12,167.285 |
| - F | 37.000 |
| - V | 2,423.398 |
| - W | 0.000 |
| Shares outstanding at the end of the financial period	- A | 56,071.704 |
| - B | 318,602.358 |
| - F | 326.859 |
| - V | 11,618.790 |
| - W | 906.107 |

DPAM L BONDS CLIMATE TRENDS SUSTAINABLE
| Shares outstanding at the beginning of the financial period	- A | 28,389.000 |
| --- | --- |
| - B | 11,848.443 |
| - F | 380,486.600 |
| - J | 12,913.000 |
| - M | 203,730.550 |
| - P | 1,918.000 |
| - W | 255,824.792 |
| Shares issued during the financial period	- A | 1,402.000 |
| - B | 5,106.906 |
| - F | 58,173.882 |
| - J | 460.000 |
| - M | 22,444.170 |
| - P | 0.000 |
| - W | 34,025.576 |
| Shares redeemed during the financial period	- A | 612.000 |
| - B | 2,299.581 |
| - F | 59,327.700 |
| - J | 0.000 |
| - M | 18,279.782 |
| - P | 0.000 |
| - W | 207,140.844 |
| Shares outstanding at the end of the financial period	- A | 29,179.000 |
| - B | 14,655.768 |
| - F | 379,332.782 |
| - J | 13,373.000 |
| - M | 207,894.938 |
| - P | 1,918.000 |
| - W | 82,709.524 |

DPAM L BONDS GOVERNMENT SUSTAINABLE
| Shares outstanding at the beginning of the financial period	- A | 450.000 |
| --- | --- |
| - F | 148,485.000 |
| - F LC | 1,000.000 |
| - J | 3,093.000 |
| - M | 4,427.000 |
| Shares issued during the financial period	- A | 0.000 |
| - F | 39,690.000 |
| - F LC | 0.000 |
| - J | 110.000 |
| - M | 201.000 |
| Shares redeemed during the financial period	- A | 450.000 |
| - F | 5,890.000 |
| - F LC | 0.000 |
| - J | 0.000 |
| - M | 400.000 |
| Shares outstanding at the end of the financial period	- A | 0,000 |
| - F | 182,285.000 |
| - F LC | 1,000.000 |
| - J | 3,203.000 |
| - M | 4,228.000 |

DPAM L CONVERTIBLE WORLD SUSTAINABLE
| Shares outstanding at the beginning of the financial period	- B | 102,682.363 |
| --- | --- |
| - F | 61,400.000 |
| - P | 420.000 |
| Shares issued during the financial period	- B | 0.000 |
| - F | 0.000 |
| - P | 0.000 |
| Shares redeemed during the financial period	- B | 0.000 |
| - F | 27,400.000 |
| - P | 180.000 |
| Shares outstanding at the end of the financial period	- B | 102,682.363 |
| - F | 34,000.000 |
| - P | 240.000 |

DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX
| Shares outstanding at the beginning of the financial period	- B | 83,095.000 |
| --- | --- |
| - F | 192,490.000 |
| - J | 10,310.000 |
| - M | 2,000.000 |
| - N | 407,046.000 |
| Shares issued during the financial period	- B | 1,500.000 |
| - F | 406,675.000 |
| - J | 3,185.000 |
| - M | 0.000 |
| - N | 55,056.848 |
| Shares redeemed during the financial period	- B | 835.000 |
| - F | 8,750.000 |
| - J | 0.000 |
| - M | 400.000 |
| - N | 24,751.146 |
| Shares outstanding at the end of the financial period	- B | 83,760.000 |
| - F | 590,415.000 |
| - J | 13,495.000 |
| - M | 1,600.000 |
| - N | 437,351.702 |

| DPAM L BONDS EUR SHORT TERM |
| --- |
|  |
| Shares outstanding at the beginning of the financial period | - B | 0.000 377,996.674 78,438.670 |
| Shares issued during the financial period | - B |
| Shares redeemed during the financial period | - B |
| Shares outstanding at the end of the financial period | - B | 299,558.004 |

| Sub-Fund | Valuation date | Total Net Assets | Share Class | Shares Outstanding | SHARE VALUE | CCY |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS EUR QUALITY SUSTAINABLE (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 1,098,285,247.17 1,453,281,534.99 1,498,443,981.22 1,169,258,446.73 | - A | 153,580.271 | 150.10 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 50,194.884 | 591.84 | EUR |
| - E | 10,983.693 | 445.37 | EUR |
| - F | 434,604.339 | 615.58 | EUR |
| - J | 14,155.881 | 26,122.70 | EUR |
| - M | 488,592.691 | 150.95 | EUR |
| - N | 3,265.523 | 595.31 | EUR |
| - P | 500,810.000 | 646.47 | EUR |
| - W | 6,365.583 | 605.39 | EUR |
| - A | 175,040.594 | 151.89 | EUR |
| - B | 56,273.660 | 602.85 | EUR |
| - E | 20,053.693 | 452.50 | EUR |
| - F | 677,589.257 | 629.36 | EUR |
| - J | 20,092.881 | 26,747.59 | EUR |
| - L | 1,913.000 | 552.04 | EUR |
| - M | 608,412.577 | 153.30 | EUR |
| - N | 4,172.735 | 608.38 | EUR |
| - P | 480,699.000 | 662.93 | EUR |
| - W | 6,910.881 | 618.70 | EUR |
| - A | 132,568.005 | 148.55 | EUR |
| - B | 59,995.324 | 591.34 | EUR |
| - E | 28,736.354 | 444.23 | EUR |
| - F | 708,241.536 | 619.75 | EUR |
| - F LC | 1,000.000 | 4.94 | EUR |
| - J | 21,802.184 | 26,378.61 | EUR |
| - L | 84.000 | 540.17 | EUR |
| - M | 603,808.987 | 150.44 | EUR |
| - N | 19,804.298 | 598.79 | EUR |
| - P | 471,763.000 | 654.77 | EUR |
| - W | 7,923.649 | 609.00 | EUR |
| - A | 127,708.436 | 128.06 | EUR |
| - B | 56,780.682 | 512.65 | EUR |
| - E | 28,862.518 | 383.70 | EUR |
| - F | 653,085.235 | 538.30 | EUR |
| - F LC | 1,000.000 | 4.28 | EUR |
| - J | 19,937.184 | 22,928.85 | EUR |
| - L | 23.000 | 467.73 | EUR |
| - M | 581,816.037 | 129.92 | EUR |
| - N | 34,143.083 | 519.97 | EUR |
| - P | 362,669.000 | 569.57 | EUR |
| - W | 7,772.659 | 528.86 | EUR |

| Sub-Fund | Valuation date | Total Net Assets | Share Class | Shares Outstanding | SHARE VALUE | CCY |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS UNIVERSALIS UNCONSTRAINED (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 953,418,774.25 1,237,465,035.52 1,040,144,735.43 993,701,805.81 | - A | 394,574.174 | 144.06 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 383,675.964 | 177.72 | EUR |
| - B CHF | 328.000 | 181.25 | CHF |
| - E | 292,002.406 | 125.44 | EUR |
| - F | 1,895,720.751 | 185.29 | EUR |
| - J | 6,594.702 | 28,507.10 | EUR |
| - M | 613,052.741 | 145.16 | EUR |
| - N | 31,578.308 | 179.04 | EUR |
| - P | 693,610.000 | 196.50 | EUR |
| - V | 1,208.632 | 154.13 | EUR |
| - W | 117,100.224 | 182.08 | EUR |
| - A | 393,087.761 | 145.65 | EUR |
| - B | 464,736.593 | 181.30 | EUR |
| - B CHF | 328.000 | 184.01 | CHF |
| - E | 171,813.153 | 127.43 | EUR |
| - F | 2,907,916.620 | 189.79 | EUR |
| - J | 7,765.702 | 29,257.42 | EUR |
| - M | 742,892.326 | 147.42 | EUR |
| - N | 34,741.923 | 183.35 | EUR |
| - P | 683,890.000 | 202.08 | EUR |
| - V | 2,897.632 | 156.49 | EUR |
| - W | 216,525.433 | 186.42 | EUR |
| - A | 296,581.842 | 144.62 | EUR |
| - B | 356,954.433 | 181.02 | EUR |
| - B CHF | 709.974 | 175.85 | CHF |
| - E | 179,371.839 | 127.13 | EUR |
| - F | 2,104,169.785 | 190.29 | EUR |
| - F LC | 1,000.000 | 5.10 | EUR |
| - J | 8,254.250 | 29,392.21 | EUR |
| - M | 846,902.179 | 147.04 | EUR |
| - N | 31,969.349 | 183.80 | EUR |
| - P | 591,720.000 | 203.42 | EUR |
| - V | 33,475.632 | 156.06 | EUR |
| - W | 57,273.485 | 186.85 | EUR |
| - A | 242,635.995 | 126.96 | EUR |
| - B | 321,961.643 | 160.27 | EUR |
| - B CHF | 709.974 | 150.41 | CHF |
| - E | 248,560.839 | 111.88 | EUR |
| - F | 2,317,012.738 | 168.86 | EUR |
| - F LC | 1,000.000 | 4.52 | EUR |
| - J | 9,940.250 | 26,107.36 | EUR |
| - M | 830,230.211 | 129.38 | EUR |
| - N | 30,951.810 | 163.07 | EUR |
| - P | 560,420.000 | 180.87 | EUR |
| - V | 38,978.632 | 137.31 | EUR |
| - W | 80,974.355 | 165.77 | EUR |

| Sub-Fund | Valuation date | Total Net Assets | Share Class | Shares Outstanding | SHARE VALUE | CCY |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS HIGHER YIELD (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 180,673,248.02 203,342,180.07 141,221,445.62 91,173,789.82 | - A | 980,576.507 | 91.34 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 127,659.524 | 278.87 | EUR |
| - B CHF | 123.392 | 298.34 | CHF |
| - E | 189,890.858 | 103.64 | EUR |
| - F | 24,262.776 | 292.01 | EUR |
| - M | 160,180.842 | 92.07 | EUR |
| - N | 4,893.381 | 281.00 | EUR |
| - P | 36,486.000 | 295.01 | EUR |
| - V | 8,627.772 | 100.39 | EUR |
| - W | 3,330.452 | 286.86 | EUR |
| - A | 1,011,479.663 | 91.28 | EUR |
| - B | 120,162.670 | 288.74 | EUR |
| - B CHF | 187.899 | 306.88 | CHF |
| - E | 189,890.858 | 104.13 | EUR |
| - F | 98,329.675 | 303.57 | EUR |
| - M | 145,367.532 | 92.46 | EUR |
| - N | 4,447.489 | 292.02 | EUR |
| - P | 33,452.000 | 307.93 | EUR |
| - V | 4,657.002 | 100.82 | EUR |
| - W | 3,796.081 | 298.09 | EUR |
| - A | 543,263.509 | 90.65 | EUR |
| - B | 100,928.421 | 294.28 | EUR |
| - B CHF | 269.232 | 299.45 | CHF |
| - E | 197,275.858 | 103.93 | EUR |
| - F | 89,055.261 | 310.83 | EUR |
| - F LC | 1,000.000 | 5.10 | EUR |
| - M | 111,600.272 | 92.25 | EUR |
| - N | 2,889.548 | 298.89 | EUR |
| - V | 8,558.299 | 100.58 | EUR |
| - W | 6,513.081 | 305.09 | EUR |
| - A | 328,562.287 | 78.76 | EUR |
| - B | 85,481.711 | 256.29 | EUR |
| - B CHF | 366.107 | 251.86 | CHF |
| - E | 205,051.858 | 90.54 | EUR |
| - F | 55,405.524 | 271.37 | EUR |
| - F LC | 1,000.000 | 4.45 | EUR |
| - M | 85,483.863 | 80.35 | EUR |
| - N | 2,430.713 | 260.90 | EUR |
| - V | 6,908.223 | 87.61 | EUR |
| - W | 5,940.910 | 266.30 | EUR |

| Sub-Fund | Valuation date | Total Net Assets | Share Class | Shares Outstanding | SHARE VALUE | CCY |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 562,120,308.41 792,148,003.56 954,959,721.23 1,026,058,612.68 | - A | 2,807.837 | 1,341.67 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 23,188.122 | 1,356.20 | EUR |
| - E | 6,659.713 | 1,372.63 | EUR |
| - F | 210,850.617 | 1,643.96 | EUR |
| - J | 4,926.841 | 26,426.26 | EUR |
| - L | 641.634 | 1,339.83 | EUR |
| - M | 5,134.775 | 1,347.07 | EUR |
| - N | 110.000 | 1,362.65 | EUR |
| - P | 10,021.000 | 1,689.24 | EUR |
| - V | 656.951 | 1,382.07 | EUR |
| - W | 11,034.319 | 1,375.07 | EUR |
| - A | 7,983.746 | 1,383.82 | EUR |
| - B | 25,373.563 | 1,399.45 | EUR |
| - E | 9,141.995 | 1,419.50 | EUR |
| - F | 275,016.528 | 1,700.10 | EUR |
| - L | 1,391.639 | 1,379.48 | EUR |
| - P | 14,049.000 | 1,750.42 | EUR |
| - V | 2,093.556 | 1,428.59 | EUR |
| - W | 24,449.296 | 1,421.39 | EUR |
| - A | 8,260.057 | 1,323.35 | EUR |
| - B | 14,882.933 | 1,340.49 | EUR |
| - E | 7,029.997 | 1,361.01 | EUR |
| - F | 280,714.139 | 1,632.46 | EUR |
| - J | 10,888.841 | 26,294.81 | EUR |
| - L | 889.841 | 1,318.67 | EUR |
| - M | 17,403.804 | 1,334.46 | EUR |
| - N | 150.000 | 1,352.05 | EUR |
| - P | 21,850.000 | 1,684.24 | EUR |
| - V | 57,125.519 | 1,368.94 | EUR |
| - W | 22,232.513 | 1,364.31 | EUR |
| - A | 5,963.475 | 1,191.70 | EUR |
| - B | 25,283.562 | 1,207.07 | EUR |
| - E | 6,929.269 | 1,227.25 | EUR |
| - F | 322,365.535 | 1,472.02 | EUR |
| - J | 13,269.841 | 23,724.01 | EUR |
| - L | 1,009.104 | 1,186.18 | EUR |
| - M | 24,842.833 | 1,203.05 | EUR |
| - N | 218.000 | 1,218.89 | EUR |
| - P | 23,305.000 | 1,520.41 | EUR |
| - V | 77,512.171 | 1,234.14 | EUR |
| - W | 22,880.557 | 1,229.98 | EUR |

| Sub-Fund | Valuation date | Total Net Assets | Share Class | Shares Outstanding | SHARE VALUE | CCY |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L EQUITIES CONVICTION RESEARCH (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 277,846,817.78 328,420,264.83 337,510,429.06 270,212,726.81 | - A | 3,619.590 | 1,156.38 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 15,870.395 | 1,362.75 | EUR |
| - F | 13,807.887 | 115.46 | EUR |
| - J | 5,090.659 | 29,078.86 | EUR |
| - M | 20,369.620 | 1,169.90 | EUR |
| - N | 5,171.705 | 1,377.19 | EUR |
| - P | 2,629.000 | 27,179.96 | EUR |
| - A | 2,421.870 | 1,088.33 | EUR |
| - B | 14,998.025 | 1,323.42 | EUR |
| - F | 26,157.887 | 112.60 | EUR |
| - J | 7,074.659 | 28,410.50 | EUR |
| - M | 22,500.571 | 1,105.43 | EUR |
| - N | 3,776.642 | 1,342.54 | EUR |
| - P | 2,708.000 | 26,607.39 | EUR |
| - A | 2,243.857 | 1,267.69 | EUR |
| - B | 12,231.170 | 1,576.37 | EUR |
| - F | 557.887 | 134.94 | EUR |
| - J | 6,229.000 | 34,134.21 | EUR |
| - M | 11,588.126 | 1,295.64 | EUR |
| - N | 1,624.338 | 1,608.33 | EUR |
| - P | 2,654.000 | 32,050.22 | EUR |
| - A | 2,180.870 | 1,059.97 | EUR |
| - B | 11,902.226 | 1,348.95 | EUR |
| - F | 342.887 | 115.84 | EUR |
| - J | 5,901.000 | 29,341.82 | EUR |
| - M | 10,386.272 | 1,086.82 | EUR |
| - N | 1,469.238 | 1,380.41 | EUR |
| - P | 2,368.000 | 27,588.73 | EUR |
| - W | 15.000 | 904.10 | EUR |

| Sub-Fund | Valuation date | Total Net Assets | Share Class | Shares Outstanding | SHARE VALUE | CCY |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS EUR HIGH YIELD SHORT TERM (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 523,387,425.04 343,131,780.14 417,918,503.31 414,790,190.86 | - A | 216,508.330 | 111.85 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 287,362.455 | 137.55 | EUR |
| - E | 186,623.563 | 115.95 | EUR |
| - F | 2,037,637.520 | 142.33 | EUR |
| - F CHF | 2,300.000 | 154.45 | CHF |
| - J | 2,421.153 | 25,413.33 | EUR |
| - L | 19,439.771 | 135.92 | EUR |
| - M | 143,975.996 | 112.52 | EUR |
| - N | 104,395.209 | 138.33 | EUR |
| - P | 197,397.000 | 147.44 | EUR |
| - V | 1,416.557 | 113.01 | EUR |
| - W | 167,760.683 | 140.53 | EUR |
| - A | 190,086.186 | 108.22 | EUR |
| - B | 174,137.377 | 135.25 | EUR |
| - E | 164,050.909 | 112.59 | EUR |
| - F | 1,155,568.332 | 140.34 | EUR |
| - F CHF | 1,600.000 | 151.48 | CHF |
| - J | 2,525.153 | 25,094.22 | EUR |
| - L | 4,083.403 | 133.17 | EUR |
| - M | 118,700.939 | 109.22 | EUR |
| - N | 93,541.789 | 136.34 | EUR |
| - P | 114,888.000 | 145.81 | EUR |
| - V | 837.387 | 109.70 | EUR |
| - W | 84,253.892 | 138.51 | EUR |
| - A | 150,432.201 | 107.86 | EUR |
| - B | 135,404.885 | 136.89 | EUR |
| - E | 148,218.909 | 112.64 | EUR |
| - F | 1,460,941.202 | 142.54 | EUR |
| - F CHF | 300.000 | 147.50 | CHF |
| - F LC | 1,000.000 | 5.03 | EUR |
| - J | 2,953.153 | 25,527.53 | EUR |
| - L | 3,347.334 | 134.38 | EUR |
| - M | 148,186.287 | 109.22 | EUR |
| - N | 103,165.844 | 138.42 | EUR |
| - P | 252,585.000 | 148.55 | EUR |
| - V | 607.387 | 109.71 | EUR |
| - W | 101,520.989 | 140.63 | EUR |
| - A | 139,215.314 | 98.40 | EUR |
| - B | 109,262.882 | 126.92 | EUR |
| - E | 111,647.909 | 102.97 | EUR |
| - F | 1,760,754.189 | 132.40 | EUR |
| - F CHF | 300.000 | 132.34 | CHF |
| - F LC | 1,000.000 | 4.66 | EUR |
| - J | 2,926.153 | 23,730.92 | EUR |
| - L | 3,496.334 | 124.39 | EUR |
| - M | 133,187.272 | 99.82 | EUR |
| - N | 89,102.282 | 128.55 | EUR |
| - P | 317,213.000 | 138.21 | EUR |
| - V | 607.387 | 100.26 | EUR |
| - W | 30,848.680 | 130.61 | EUR |

| Sub-Fund | Valuation date | Total Net Assets | Share Class | Shares Outstanding | SHARE VALUE | CCY |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L PATRIMONIAL FUND (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 102,519,310.22 196,171,263.10 149,816,180.43 121,296,847.48 | - A | 272,317.685 | 114.88 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 271,497.555 | 129.44 | EUR |
| - E | 1,971.381 | 122.63 | EUR |
| - F | 129,974.656 | 135.55 | EUR |
| - M | 102,473.453 | 115.79 | EUR |
| - N | 48,822.478 | 130.38 | EUR |
| - A | 1,251,223.569 | 113.81 | EUR |
| - B | 265,325.490 | 129.85 | EUR |
| - E | 1,971.381 | 122.12 | EUR |
| - F | 54,328.432 | 136.72 | EUR |
| - M | 56,692.693 | 115.26 | EUR |
| - N | 38,932.667 | 131.45 | EUR |
| - A | 808,263.805 | 118.93 | EUR |
| - B | 268,887.176 | 136.37 | EUR |
| - E | 1,971.381 | 128.30 | EUR |
| - F | 53,041.174 | 144.28 | EUR |
| - M | 33,279.428 | 121.06 | EUR |
| - N | 36,654.546 | 138.67 | EUR |
| - A | 727,763.121 | 106.73 | EUR |
| - B | 257,375.932 | 122.96 | EUR |
| - E | 1,971.381 | 115.50 | EUR |
| - F | 38,925.432 | 130.45 | EUR |
| - M | 22,152.097 | 108.96 | EUR |
| - N | 33,952.851 | 125.36 | EUR |

|  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 1,965,768,653.09 2,684,377,276.46 2,791,127,083.29 2,915,210,165.82 | - A | 669,594.387 | 105.92 | EUR |
| - B | 1,071,096.164 | 134.33 | EUR |
| - B CHF | 1,371.268 | 143.28 | CHF |
| - B USD | 184,421.901 | 115.84 | USD |
| - E | 2,084,820.366 | 109.30 | EUR |
| - F | 6,104,651.980 | 139.47 | EUR |
| - F CHF | 35,410.469 | 151.01 | CHF |
| - F USD | 101,040.162 | 124.29 | USD |
| - J | 9,056.809 | 27,892.51 | EUR |
| - L | 23,678.337 | 132.82 | EUR |
| - M | 355,179.584 | 106.83 | EUR |
| - N | 23,056.684 | 135.46 | EUR |
| - N USD | 115,891.750 | 116.32 | USD |
| - P | 625,204.000 | 143.93 | EUR |
| - V | 108,026.000 | 111.00 | EUR |
| - W | 1,540,340.996 | 139.30 | EUR |
| - W CHF | 11,416.000 | 143.66 | CHF |
| - W USD | 1,652.070 | 116.57 | EUR |
| - A | 867,376.343 | 98.07 | EUR |
| - B | 1,457,195.298 | 131.52 | EUR |
| - B CHF | 1,531.268 | 139.37 | CHF |
| - B USD | 148,192.613 | 123.61 | USD |
| - E | 2,604,321.632 | 101.69 | EUR |
| - F | 8,539,804.227 | 137.13 | EUR |
| - F CHF | 96,019.984 | 148.07 | CHF |
| - F USD | 2,320,698.168 | 133.21 | USD |
| - J | 8,874.809 | 27,481.08 | EUR |
| - L | 22,217.525 | 129.51 | EUR |
| - M | 374,217.920 | 99.30 | EUR |
| - N | 30,551.607 | 133.14 | EUR |
| - N USD | 169,189.252 | 124.62 | USD |
| - P | 492,513.000 | 142.09 | EUR |
| - V | 149,315.000 | 109.10 | EUR |
| - W | 1,816,805.692 | 136.92 | EUR |
| - W CHF | 7,365.000 | 140.57 | CHF |
| - W USD | 485,459.126 | 124.85 | EUR |
| - A | 949,019.280 | 93.34 | EUR |
| - B | 720,414.090 | 128.56 | EUR |
| - B CHF | 3,717.000 | 130.65 | CHF |
| - B USD | 132,623.414 | 112.29 | USD |
| - E | 3,050,330.769 | 96.88 | EUR |
| - F | 10,296,616.628 | 134.65 | EUR |
| - F CHF | 73,653.984 | 139.33 | CHF |
| - F USD | 1,730,166.188 | 121.56 | USD |
| - J | 9,456.548 | 27,038.05 | EUR |
| - L | 23,624.961 | 126.06 | EUR |
| - M | 481,528.775 | 94.90 | EUR |
| - N | 18,957.701 | 130.68 | EUR |
| - N USD | 13,752.044 | 113.70 | USD |
| - P | 705,642.000 | 140.08 | EUR |
| - V | 170,206.228 | 107.08 | EUR |
| - W | 1,680,929.037 | 134.38 | EUR |
| - W CHF | 8,632.215 | 132.15 | CHF |
| - W USD | 672,221.661 | 100.14 | EUR |
| - A | 960,875.052 | 88.93 | EUR |
| - B | 621,499.893 | 123.77 | EUR |
| - B CHF | 3,717.000 | 121.50 | CHF |
| - B USD | 164,121.874 | 99.38 | USD |
| - E | 2,881,374.513 | 92.54 | EUR |
| - F | 11,407,418.112 | 129.95 | EUR |
| - F CHF | 69,915.984 | 129.84 | CHF |
| - F USD | 1,424,843.263 | 107.85 | USD |

| Sub-Fund | Valuation date | Total Net Assets | Share Class | Shares Outstanding | SHARE VALUE | CCY |
| --- | --- | --- | --- | --- | --- | --- |

|  |  |  | - J | 11,223.548 | 26,123.28 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - L | 46,591.316 | 121.09 | EUR |
| - M | 461,087.760 | 90.63 | EUR |
| - N | 11,425.279 | 126.10 | EUR |
| - N USD | 6,247.794 | 100.86 | USD |
| - P | 894,227.328 | 135.49 | EUR |
| - V | 172,736.048 | 102.25 | EUR |
| - W | 2,141,855.900 | 129.67 | EUR |
| - W CHF | 7,135.469 | 123.00 | CHF |
| - W USD | 741,627.487 | 96.62 | EUR |

| DPAM L BONDS EUR CORPORATE HIGH YIELD (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 336,882,124.78 438,302,145.99 479,838,120.84 354,760,067.21 | - A | 130,316.513 | 127.32 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 170,439.712 | 145.76 | EUR |
| - E | 57,943.841 | 150.04 | EUR |
| - F | 849,273.726 | 150.04 | EUR |
| - J | 3,771.000 | 27,893.04 | EUR |
| - L | 1,254.141 | 106.37 | EUR |
| - M | 154,156.261 | 128.54 | EUR |
| - N | 50.000 | 133.80 | EUR |
| - P | 68,014.767 | 157.22 | EUR |
| - V | 204,425.000 | 110.46 | EUR |
| - W | 6,206.195 | 147.40 | EUR |
| - A | 126,082.857 | 124.22 | EUR |
| - B | 142,745.169 | 146.88 | EUR |
| - E | 56,732.841 | 147.21 | EUR |
| - F | 1,467,378.404 | 151.81 | EUR |
| - J | 3,417.000 | 28,278.73 | EUR |
| - L | 205.141 | 106.75 | EUR |
| - M | 156,165.860 | 125.93 | EUR |
| - N | 120.000 | 135.37 | EUR |
| - P | 88,266.767 | 159.70 | EUR |
| - V | 304,621.000 | 111.72 | EUR |
| - W | 40,939.313 | 149.07 | EUR |
| - A | 119,893.151 | 123.05 | EUR |
| - B | 142,133.749 | 149.89 | EUR |
| - F | 1,966,219.177 | 155.64 | EUR |
| - J | 1,828.000 | 29,051.88 | EUR |
| - L | 337.323 | 108.50 | EUR |
| - M | 120,005.455 | 125.32 | EUR |
| - N | 50.000 | 138.77 | EUR |
| - P | 59,550.000 | 164.41 | EUR |
| - V | 516,277.081 | 114.48 | EUR |
| - W | 4,454.503 | 152.77 | EUR |
| - A | 105,754.889 | 100.76 | EUR |
| - B | 119,067.004 | 126.73 | EUR |
| - F | 1,717,862.169 | 131.90 | EUR |
| - J | 1,326.000 | 24,649.61 | EUR |
| - L | 237.423 | 91.53 | EUR |
| - M | 74,906.702 | 102.88 | EUR |
| - N | 50.000 | 117.54 | EUR |
| - P | 31,000.000 | 139.65 | EUR |
| - V | 607,751.952 | 93.97 | EUR |
| - W | 4,319.174 | 129.45 | EUR |

| Sub-Fund | Valuation date | Total Net Assets | Share Class | Shares Outstanding | SHARE VALUE | CCY |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L GLOBAL TARGET INCOME (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 81,828,024.87 68,706,805.65 55,406,944.73 45,742,617.07 | - A | 193,642.633 | 103.59 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 66,520.566 | 120.47 | EUR |
| - E | 12,500.000 | 101.32 | EUR |
| - F | 434,772.626 | 116.99 | EUR |
| - M | 15,495.101 | 104.67 | EUR |
| - A | 244,493.527 | 97.19 | EUR |
| - B | 39,339.417 | 116.76 | EUR |
| - E | 10,000.000 | 95.46 | EUR |
| - F | 332,575.426 | 113.86 | EUR |
| - M | 15,495.101 | 98.65 | EUR |
| - A | 132,745.221 | 99.06 | EUR |
| - B | 25,215.273 | 123.00 | EUR |
| - E | 6,600.000 | 97.74 | EUR |
| - F | 306,628.502 | 120.49 | EUR |
| - M | 15,495.101 | 101.01 | EUR |
| - A | 119,241.565 | 87.87 | EUR |
| - B | 23,378.514 | 110.90 | EUR |
| - E | 6,600.000 | 86.89 | EUR |
| - F | 281,996.856 | 108.89 | EUR |
| - M | 15,495.101 | 89.79 | EUR |

| DPAM L BALANCED CONSERVATIVE SUSTAINABLE (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 52,340,166.46 57,263,570.42 68,846,807.07 62,866,013.97 | - A | 71,083.675 | 110.61 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 294,500.131 | 145.53 | EUR |
| - F | 39.600 | 27,826.47 | EUR |
| - V | 2,823.354 |  | EUR |
| - W | 1,408.649 | 145.88 | EUR |
| - A | 66,470.104 | 115.82 | EUR |
| - B | 245,662.983 | 153.76 | EUR |
| - F | 340.843 | 29,606.64 | EUR |
| - V | 12,674.369 | 116.90 | EUR |
| - W | 1,408.649 | 155.16 | EUR |
| - A | 63,623.637 | 126.64 | EUR |
| - B | 282,616.090 | 168.86 | EUR |
| - F | 349.859 | 32,722.86 | EUR |
| - V | 12,119.728 | 128.61 | EUR |
| - W | 349.816 | 171.65 | EUR |
| - A | 56,071.704 | 107.54 | EUR |
| - B | 318,602.358 | 145.04 | EUR |
| - F | 326.859 | 28,203.54 | EUR |
| - V | 11,618.790 | 109.57 | EUR |
| - W | 906.107 | 147.91 | EUR |

| Sub-Fund | Valuation date | Total Net Assets | Share Class | Shares Outstanding | SHARE VALUE | CCY |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 51,326,850.94 162,338,262.33 479,602,310.01 394,134,862.49 | - A | 3,000.000 | 101.13 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 1,500.000 | 101.12 | EUR |
| - F | 31,500.000 | 101.36 | EUR |
| - J | 713.000 | 25,366.54 | EUR |
| - M | 26,415.000 | 101.33 | EUR |
| - P | 1,060.000 | 25,392.23 | EUR |
| - A | 3,000.000 | 103.92 | EUR |
| - B | 4,373.258 | 103.83 | EUR |
| - F | 38,839.515 | 104.62 | EUR |
| - J | 4,361.000 | 26,232.56 | EUR |
| - M | 51,674.000 | 104.54 | EUR |
| - P | 1,000.000 | 26,312.20 | EUR |
| - W | 107,201.175 | 106.30 | EUR |
| - A | 28,389.000 | 102.83 | EUR |
| - B | 11,848.443 | 102.70 | EUR |
| - F | 380,486.600 | 103.98 | EUR |
| - J | 12,913.000 | 26,126.02 | EUR |
| - M | 203,730.550 | 103.85 | EUR |
| - P | 1,918.000 | 26,258.05 | EUR |
| - W | 255,824.792 | 105.61 | EUR |
| - A | 29,179.000 | 85.14 | EUR |
| - B | 14,655.768 | 85.12 | EUR |
| - F | 379,332.782 | 86.38 | EUR |
| - J | 13,373.000 | 21,726.08 | EUR |
| - M | 207,894.938 | 86.17 | EUR |
| - P | 1,918.000 | 21,857.55 | EUR |
| - W | 82,709.524 | 87.73 | EUR |

| DPAM L BONDS GOVERNMENT SUSTAINABLE (EUR) | 24.01.2020* 31.12.2020 31.12.2021 30.06.2022 | 98,745,000.00 86,938,604.94 90,950,101.35 87,360,376.91 | - F | 193,700.000 | 100.00 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - J | 3,135.000 | 25,000.00 | EUR |
| - P | 40.000 | 25,000.00 | EUR |
| - B | 950.000 | 99.88 | EUR |
| - F | 86,742.805 | 100.63 | EUR |
| - J | 3,093.000 | 25,180.37 | EUR |
| - M | 2,315.000 | 100.08 | EUR |
| - F | 148,485.000 | 97.99 | EUR |
| - F LC | 1,000.000 | 4.98 | EUR |
| - J | 3,093.000 | 24,545.16 | EUR |
| - M | 4,427.000 | 97.42 | EUR |
| - F | 182,285.000 | 88.31 | EUR |
| - F LC | 1,000.000 | 4.48 | EUR |
| - J | 3,203.000 | 22,131.66 | EUR |
| - M | 4,228.000 | 87.77 | EUR |

| Sub-Fund | Valuation date | Total Net Assets | Share Class | Shares Outstanding | SHARE VALUE | CCY |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L CONVERTIBLE WORLD SUSTAINABLE (EUR) | 30.10.2020* 31.12.2020 31.12.2021 30.06.2022 | 4,420,000.00 28,867,491.23 26,633,847.24 15,584,269.70 | - F | 44,200.000 | 100.00 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 100,000.000 | 101.93 | EUR |
| - F | 91,700.000 | 108.10 | EUR |
| - P | 330.000 | 26,552.74 | EUR |
| - B | 102,682.363 | 95.36 | EUR |
| - F | 61,400.000 | 101.96 | EUR |
| - P | 420.000 | 25,195.48 | EUR |
| - B | 102,682.363 | 76.77 | EUR |
| - F | 34,000.000 | 82.38 | EUR |
| - P | 240.000 | 20,418.03 | EUR |

| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX (EUR) | 07.12.2021* 31.12.2021 30.06.2022 | 322,979,100.00 320,398,198.72 384,745,018.01 | - B | 83,095.000 | 100.00 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - F | 178,690.000 | 100.00 | EUR |
| - J | 10,310.000 | 25.000.00 | EUR |
| - M | 2,000.000 | 100.00 | EUR |
| - N | 388,506.000 | 100.00 | EUR |
| - B | 83,095.000 | 98.18 | EUR |
| - F | 192,490.000 | 98.21 | EUR |
| - J | 10,310.000 | 24,555.38 | EUR |
| - M | 2,000.000 | 98.20 | EUR |
| - N | 407,046.000 | 98.20 | EUR |
| - B | 83,760.000 | 85.53 | EUR |
| - F | 590,415.000 | 85.70 | EUR |
| - J | 13,495.000 | 21,443.12 | EUR |
| - M | 1,600.000 | 85.68 | EUR |
| - N | 437,351.702 | 85.67 | EUR |

| DPAM L BONDS EUR SHORT TERM (EUR) | 02.05.2022* 30.06.2022 | 37,600,348.97 29,354,597.38 | - B | 376,003.49 | 100.00 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 299,558.004 | 97.99 | EUR |

*Date of launching of the Sub-Funds

## NOTE 1 - ACCOUNTING PRINCIPLES AND METHODS
The financial statements are prepared in accordance with Luxembourg generally accepted accounting principles.
- Securities portfolio valuation
	- The value of cash on hand or on deposit, bills and notes payable on sight and accounts receivable, prepaid expenses, dividends and interest declared or matured and not yet received shall be the nominal value of such assets, except where it is unlikely that such value can be received; in the latter case, the value shall be determined by deducting such amount as the SICAV considers appropriate to reflect the real value of such assets.
	- The value of all transferable securities, money market instruments and derivative financial instruments which are listed on an exchange or traded on any other regulated market, which operates on a regular basis, is recognised and open to the public shall be determined according to their last available price.
	- In cases where investments of the SICAV are listed on a stock exchange or traded on another regulated market, which operates on a regular basis, is recognised and open to the public and traded by market makers outside the stock exchange on which the investments are listed or the market on which they are traded, the Board of Directors may determine the principal market for the investments in question, which will then be valued at the last price available on that market.
	- Derivative financial instruments that are not listed on an official stock exchange or traded on any other regulated market, which operates on a regular basis and is recognised and open to the public, will be valued in accordance with market practice, as further described in the Prospectus.
	- The value of the representative securities of any open-ended Collective Investment Scheme shall be determined according to the last official Net Asset Value per unit or according to the last estimated Net Asset Value if the latter is more recent than the official Net Asset Value, provided that the SICAV is satisfied that the valuation method used for this estimate is consistent with that used to calculate the official Net Asset Value.
	- To the extent that:
		- the transferable securities, money market instruments and/or derivative financial instruments in the portfolio on the Valuation Day are not listed or traded on a stock exchange or other regulated market that operates regularly, is recognised and open to the public or,
		- for transferable securities, time deposits, money market instruments, derivative financial instruments and/or securities representing Collective Investment Schemes listed and traded on an exchange or other market but for which the price determined in accordance with paragraphs 1) and 2) is not, in the opinion of the Board of Directors, representative of the real value of such transferable securities, time deposits, money market instruments, derivative financial instruments and/or securities representing Collective Investment Schemes the Board of Directors assesses the value with prudence and good faith.


- Net realised gain or loss on investmentsThe net realised profit or loss on sales of securities are calculated based on the average cost of the securities sold.
- Acquisition cost of the securities in the portfolioFor securities denominated in currencies other than the sub-fund's currency, the acquisition cost is calculated on the basis of the exchange rate in force on the day of purchase.
- Change in the net unrealised gain and lossThe change in the unrealised capital gain or loss on investments at the end of the financial year is included in "Statement of operations and changes in net assets"..
- Income, expenditure and related provisionsInterest is recorded daily and dividends are recorded on the "ex-date". Interest and income are recorded net of non-recoverable withholding taxes.
- Formation expensesFormation expenses are amortized on a straight-line basis over a period of five years.

If a sub-fund is launched after the launch date of the SICAV, the formation expenses relating to the launch of the new sub-fund will be charged to that sub-fund alone and may be amortised over a maximum period of five years from the date of launch of that sub-fund.
- Change in the securities portfolioThe table of changes in the sub-funds' securities portfolio is available free of charge at the Sicav's registered office.
- Conversion of foreign currenciesThe SICAV’s accounts are kept in euro. Bank deposits, other net assets and the stock market value of securities in the portfolio in currencies other than the euro are converted into euro at the exchange rate valid on the closing date.

Revenue and expenditure in currencies other than the euro are translated into euros at the exchange rate in force on the date of payment.
- Combined financial statementsThe combined financial statements of the SICAV are drawn up in EUR and are equal to the sum of the corresponding headings in the financial statements of each sub-fund.
- Crossed InvestmentsCross-investments between the Sub-Funds of the SICAV have not been subtracted from the combined statement of net assets. As at 30 June 2022, the total amount of cross-investments is EUR 47,898,661.67 and therefore the combined net assets without cross-investments is EUR 8,328,351,747.08.


## NOTE 2 - EXCHANGE RATE
1  EUR	=	1.00090 CHF
1  EUR	=	1.04545 USD

## NOTE 3 - TAXES AND EXPENSES PAYABLE
| Management fee | 7,428,791.62 | EUR |
| --- | --- | --- |
| Depositary fees | 544,481.08 | EUR |
| Subscription tax | 375,242.22 | EUR |
| Miscellaneous fees | 1,698,698.79 | EUR |
| Total | 10,047,213.71 | EUR |

NOTE 4 - SUBSCRIPTION, REDEMPTION AND CONVERSION FEES
Subscription fee
Subscriptions in the Sub-Funds are accepted on the basis of the Net Asset Value on the Valuation Day, plus an entry fee at the below rates to be paid to the agents active in distribution and placing of shares :
| Share Classes | Subscription Fees |
| --- | --- |
| A | Max. 2% |
| B, B CHF, B EUR HEDGED, B USD HEDGED | Max. 2% |
| E | Max. 1% |
| F, F CHF, F LC, F USD | Max. 1% |
| J | 0% |
| L | Max. 2% |
| M, M USD | Max. 1% |
| N, N USD | Max. 1% |
| P | 0% |
| V, V EUR HEDGED | Max. 2% |
| W, W CHF, W EUR HEDGED, W USD | Max. 2% |
| Z | 0% |

Moreover, a subscription fee of 0.25% will be taken and totally repaid in DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX. This right will be taken on the initial subscription of DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX.
Conversion fee
Difference between the respective entry fees of the sub-funds in question, if the entry fee of the sub- fund from which investment is withdrawn is less than the entry fee of the sub-fund into which investment is made, payable to the placement agents and/or distributors.

## NOTE 5 - MANAGEMENT FEE AND PERFORMANCE FEE
The SICAV has appointed DEGROOF PETERCAM ASSET SERVICES S.A. as management company (the "Management Company"). The Management Company, under its responsibility and control, delegated the management of all Sub-Funds to DEGROOF PETERCAM ASSET MANAGEMENT S.A., except for the Sub-Funds DPAM L BONDS EUR SHORT TERM and DPAM L CONVERTIBLE WORLD SUSTAINABLE managed by DEGROOF PETERCAM ASSET MANAGEMENT BRANCH FRANCE.
The Manager receives a monthly management fees at the following rates :
| Sub-Funds | Issued Share Classes | Management Fees (%) |
| --- | --- | --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE | A, B, B CHF and B USD HEDGED | Max 0,60 % p.a. |
| B LC | Max 1,20 % p.a. |
| E, F, F CHF, M, N, V and W | Max 0,30 % p.a. |
| F LC | Max 0,60 % p.a. |
| J | Max 0,15 % p.a. |
| L | Max 0,90% p.a. |
| P | 0,00 % p.a. |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | A, B and B CHF | Max 0,80 % p.a. |
| B LC | Max 1,20 % p.a. |
| E, F, F CHF, V and W | Max 0,40 % p.a. |
| F LC | Max 0,60 % p.a. |
| J | Max 0,21 % p.a. |
| L | Max 1,23 % p.a. |
| M and N | Max 0,40 % p.a. |
| P | 0,00 % p.a. |
| DPAM L BONDS HIGHER YIELD | A, B and B CHF | Max 0,90 % p.a. |
| B LC | Max 1,20 % p.a. |
| E, F, F CHF, M, N, V and W | Max 0,45 % p.a. |
| F LC | Max 0,60 % p.a. |
| J | Max 0,225 % p.a. |
| L | Max 1,35 % p.a. |
| P | 0,00 % p.a. |
| DPAM L BONDS GOVERNEMENT SUSTAINABLE | A, B and B CHF | Max 0,45 % p.a. |
| B LC | Max 1,20 % p.a. |
| E, F, F CHF, M, N, V and W | Max 0,225 % p.a. |
| F LC | Max 0,60 % p.a. |
| J, Z | Max 0,11 % p.a. |
| L | Max 0,675 % p.a. |
| P | 0,00 % p.a. |
| DPAM L BONDS GOVERNEMENT SUSTAINABLE HEDGED | A, B and B CHF | Max 0,45 % p.a. |
| B LC | Max 1,20 % p.a. |
| E, F, F CHF, M, N, V and W | Max 0,225 % p.a. |
| F LC | Max 0,60 % p.a. |
| J, Z | Max 0,11 % p.a. |
| L | Max 0,675 % p.a. |
| P | 0,00% p.a. |
| DPAM L EQUITIES CONVICTION RESEARCH | A, B and B CHF | Max 1,10 % p.a. |
| E, F, F CHF, M, N, V and W | Max 0,55 % p.a. |
| J | Max 0,28 % p.a. |
| P | 0,00 % p.a. |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM | A, B and BCHF | Max 0,65 % p.a. |
| E, F, F CHF, M, N and V J | Max 0,325 % p.a. Max 0,16 % p.a. |
| L | Max 0,975 % p.a. |
| P | 0,00 % p.a. |
| DPAM L PATRIMONIAL FUND | A, B, B CHF | Max 1,00 % p.a. |
| E, F, F CHF, M, N, V and W | Max 0,50 % p.a. |
| P | 0,00 % p.a. |

| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | A, B, B CHF, B EUR HEDGED and B USD E, F, F CHF, F USD, M, M USD, N, N USD, V, V EUR HEDGED, W, W CHF, W USD, W EUR HEDGED J L | Max 0,90 % p.a. Max 0,45 % p.a. Max 0,225 % p.a. Max 1,35 % p.a. |
| --- | --- | --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD | A and B | Max 0,90 % p.a. |
| E, F, M, N, V and W | Max 0,45 % p.a. |
| J | Max 0,225 % p.a. |
| L | Max 1,35 % p.a. |
| P | 0,00 % p.a. |
| DPAM L GLOBAL TARGET INCOME | A and B | Max 0,85 % p.a. |
| E, F, V and W | Max 0,45 % p.a. |
| M, N | Max 0,425 % p.a. |
| P | 0,00 % p.a. |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE | A and B | Max 1,15 % p.a. |
| E, F, M, N, V and W | Max 0,575 % p.a. |
| DPAM L CLIMATE TRENDS SUSTAINABLE | A and B | Max 0,80 % p.a. |
| E, F, M, N, V and W | Max 0,40 % p.a. |
| J | Max 0,20 % p.a. |
| L | Max 1,20 % p.a. |
| P | 0,00 % p.a. |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE | A and B | Max 1,20 % p.a. |
| E, F, M, N, V and W | Max 0,60 % p.a. |
| J | Max 0,30 % p.a. |
| L | Max 1,80 % p.a. |
| P | 0,00 % p.a. |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX | A, B, B USD | Max 0,60 % p.a. |
| E, F, M, N, N USD, V, W | Max 0,30 % p.a. |
| J | Max 0,15 % p.a. |
| L | Max 0,90 % p.a. |
| P | 0,00 % p.a. |
| DPAM L BONDS EUR SHORT TERM | A and B | Max 0,60 % p.a. |
| E, F, M, N, V and W | Max 0,30 % p.a. |
| J | Max 0,15 % p.a. |
| L | Max 0,90 % p.a. |
| P | 0,00 % p.a. |

For the following sub-funds: DPAM L Bonds EUR Short Term, DPAM L Equities Conviction Research and DPAM L Patrimonial Fund, the Manager is entitled to receive, out of the net assets of the relevant Share Class of the relevant Sub-fund, a performance fee (the "Performance Fee") calculated by comparing the performance of the Net Asset Value per Share (the "NAV") to that of the Benchmark over the same period of time, as well as to a High Water Mark ("HWM").
The performance reference period ("Performance Reference Period" or "PRP") is the period over which performance is measured and lasts 5 years on a rolling basis. At the end of this period, the compensation mechanism for past underperformance (or negative performance) can be reset.
The Performance Fee is calculated and accrued for each Share Class within a Sub-fund on each Valuation Day.
The Performance Fee is measured over a calculation period (hereinafter the "Calculation Period") corresponding to one financial year of the Fund.
The applicable Performance Fee rate is set at
| DPAM L Bonds EUR Short Term | 20% for all classes and the benchmark index used to calculate the Performance Fee is the 20% €STR composite (ticker: EXDMESTC Index) + 80% IBOX Euro Corporate 1-3 years (ticker: QW5C Index) (the “Benchmark”). |
| --- | --- |
| DPAM L Equities Conviction Reseach | 20% for all classes and the benchmark index used to calculate the Performance Fee is the MSCI Europe Net Total Return denominated in EUR (ticker: MSDEE15N) (the “Benchmark”). |
| DPAM L Patrimonial Fund | 10% for all classes and the benchmark index used to calculate the Performance Fee is the Euribor 3M (ticker: EUR003M) (the “Benchmark”). |

For each Calculation Period and for the purpose of calculating the Performance Fee, each year shall commence on the last Business Day of each Fund's financial year and end on the last Business Day of the following Fund's financial year. For any Share Class launched during a Calculation Period, the first Calculation Period will last at least 12 months and will end on the last Business Day of the following financial year of the Fund.
In case of underperformance, the Calculation Period lasts for a maximum of 5 financial years applied on a rolling basis.
Only at the end of a five-year overall underperforming PRP can losses be partially compensated, on a rolling annual basis, by cancelling the first year of performance of the current PRP for the Class. Within the PRP in question, losses in the first year can be offset by gains in subsequent years in that PRP.
Each time a Calculation Period begins, the NAV and Benchmark to be taken into account for the calculation of the Performance in respect of that Calculation Period shall be based on the NAV and Benchmark of the last Business Day of the Fund's previous financial year.
The first year of the Calculation Period will begin (i):
- the last Business Day of the Fund's financial year, or
- on the launch date of each Share Class launched after the last Business Day of the Fund's financial year.

The Performance Fee is calculated on the basis of the outperformance of the NAV compared to the benchmark. It is calculated after deducting all expenses and fees (excluding any Performance Fee accrued but not yet paid) and including subscriptions (subject to the following), redemptions and dividend distributions during the relevant Calculation Period.
| Notwithstanding the above, the Performance Fee is only payable if the performance of the NAV exceeds that of the Benchmark during the PRP. In this case, in order to determine the Performance Fee, the performance fee rate is applied to the difference between: - the last NAV per share calculated at the end of a Calculation Period, and
- the higher of the following two values:(ii.a) the previous NAV on which a Performance Fee has been crystallised as at the last Business Day of the Fund's financial year of the current PRP OR the initial NAV if no Performance Fee has ever been paid (only under the 1st PRP) (the "HWM"), or(ii.b) that same NAV but adjusted by the change in the Benchmark Index over the same Calculation Period.
 The Performance Fee is accrued and calculated on each Valuation Day. Unless otherwise stated above and subject to the provisions of the paragraph below, the accrued performance fee is payable annually in arrears at the end of the Calculation Period. The outperformance of the NAV compared to the Benchmark Index is determined by the difference between the performance of the relevant NAV and the Benchmark Index over the same period. The NAV performance is the change in the NAV between the relevant Valuation Day and the NAV at the end of the previous Calculation Period (which will be reduced by dividends paid to shareholders). The performance of the Benchmark Index is the change in the Benchmark Index over the same period as the NAV performance Calculation Period. The Investment Manager will receive the Performance Fee at the end of the Calculation Period provided that the performance of the NAV of the relevant Share Class exceeds that of the Benchmark. The crystallisation frequency is annual and occurs on the last Business Day of the Fund's financial year. |
| --- |
| NOTE 6 - DEPOSITARY FEES |
| As compensation for its depositary services for the SICAV, the Depositary shall receive an annual flat- rate fee of at a minimum rate of 0.025% p.a. + VAT if applicable, chargeable to each SICAV sub-fund, excluding trading fees and corresponding charges. This fee is payable on a quarterly basis and calculated based on average net assets in each of the sub- funds during the quarter under review. |
| NOTE 7 - SUBSCRIPTION TAX |
| The SICAV is governed by Luxembourg law. Pursuant to the legislation and regulations in force, the SICAV is subject to an annual subscription tax ("taxe d’abonnement") of 0.05% which is payable quarterly and calculated on the basis of the net assets of each Sub-Fund on the last day of each quarter. However, for the relevant Sub-Funds, a reduced rate of 0.01% is applied to classes of shares reserved for institutional investors. Pursuant to Article 175(a) of the law of 17 December 2010, the net assets invested in Undertakings for Collective Investment already subject to the "taxe d’abonnement" are exempt from this tax. |

| NOTE 8 - BELGIAN ANNUAL TAX |
| --- |
| Articles 161 to 162 of the Belgian inheritance tax code, as amended by the Belgian Law of 22 December 2003, impose the payment on Undertakings for Collective Investment formally authorised to market their services in Belgium of an annual tax of 0.08% on the total net amount subscribed in Belgium as at 31 December of the preceding year, starting at the date of their registration with the "Autorité des Services et Marchés Financiers" ("FSMA"). The aforementioned amended Articles 161 to 162 came into force on 1 January 2004. The SICAV is required to pay this tax on 31 March of each year. On 13 May 2004, the SICAV made a complaint against the Belgian state to European Commission to ask for the cancellation of the obligation to pay the annual fee and the refund of taxes already paid. On 16 December 2010, the SICAV made an updated complaint to the European Commission. The legal costs of this complaint are borne by the SICAV. On 9 February 2006, the SICAV has summoned the Belgian state for the restitution fee in front of the Court of First Instance in Brussels. The SICAV continued to instruct the Belgian state in order to obtain the refund of this tax paid for the following exercises, without favourable continuation. From then on, it prepares cases quotations in front of the court for these exercises. In two similar cases, the Court of First Instance in Brussels ruled at the end of 2011 and during 2012 that this tax infringes an article of the Double Tax Avoidance Agreement between Belgium and Luxembourg and infers from this that it may not be imposed. The Belgian government has appealed against these rulings. In accordance with the judgement delivered by the Brussels Court of Appeal on 23 October 2014, the Court of Appeal shall stay proceedings and submit various preliminary matters to the European Court of Justice. The Law of 17 June 2013 relating to fiscal and financial provisions, and provisions relating to sustainable development (Belgian Moniteur 28 June 2013) changed the rate of the annual tax on undertakings for collective investment, established by Article 161a of the Inheritance Tax Code, to 0.0965% with effect from 1 January 2013 and 0.0925% with effect from 1 January 2014. |
| NOTE 9 - "SWING PRICING" |
| Swing pricing is a mechanism that allows the various sub-funds of the SICAV to settle the transaction fees arising from the subscriptions and redemptions of entering and exiting investors. With swing pricing, existing investors should, in principle, no longer indirectly incur the transaction fees, which will now be directly integrated into calculation of the NAV and borne by the entering and exiting investors. The mechanism is applied at sub-fund level to all share classes and is not intended to address the specific requirements of individual investors. |

The Sub-Funds apply partial swing pricing, which means that the NAV will be adjusted only when a given threshold value is reached. The Board of Directors determines a threshold value as the trigger event for net subscriptions and redemptions. This threshold value is defined per sub-fund and expressed as a percentage of the total net assets of the sub-fund in question.
In swing pricing, the NAV is adjusted to reflect the net transaction fees on each NAV calculation if this threshold value is exceeded.
The direction of the swing depends on the net flow of capital applicable to a NAV. In the case of a net inflow of capital, the swing factor linked to subscriptions of shares in the sub-fund will be added to the NAV. For net redemptions, the swing factor linked to redemptions of shares in the sub-fund in question will be deducted from the NAV. In both cases, all entering/exiting investors on a given date will have the same NAV applied.
The swing factors with which the NAV is adjusted are calculated on the basis of external brokerage charges, taxes and duties and estimated variances between the buy and sell prices of the transactions that the sub-fund carries out following share subscriptions and redemptions.
A performance fee, if any, will be applied on the basis of the non-swing NAV.
The swing factor value will be determined by the Board of Directors and may vary from one sub-fund to the next without, however, exceeding 3% of the unadjusted NAV.
For the current period, swing pricing was applied to the net asset values of the following sub-funds:
- DPAM L BONDS UNIVERSALIS UNCONSTRAINED
- DPAM L BONDS HIGHER YIELD
- DPAM L BONDS EUR HIGH YIELD SHORT TERM
- DPAM L BONDS EUR CORPORATE HIGH YIELD
- DPAM L BALANCED CONSERVATIVE SUSTAINABLE
- DPAM L BONDS GOVERNMENT SUSTAINABLENo swing factor was applied to the net asset values at the end of this financial period for all the Fund's Sub-Funds.


## NOTE 10 - FORWARD FOREIGN EXCHANGE CONTRACTS
As at 30 June 2022, the following Sub-Funds of the SICAV are committed in the following forward foreign exchange contracts with Banque Degroof Petercam Luxembourg S.A.:
DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED :
| Maturity | Currency Purchase | Nominal Purchased | Currency Sold | Nominal Sold | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- | --- | --- |
|  |
| 15/07/2022 | EUR | 46,036,339.17 | AUD | 68,410,000.00 | 1,071,225.44 | 44,996,219.15 |
| 15/07/2022 | EUR | 2,965,752.97 | CAD | 4,000,000.00 | 1,859.73 | 2,966,148.80 |
| 15/07/2022 | EUR | 78,022,156.81 | CAD | 105,500,000.00 | -150,527.51 | 78,232,174.60 |
| 15/07/2022 | EUR | 14,504,351.31 | CHF | 14,500,000.00 | 17,751.78 | 14,486,961.60 |
| 15/07/2022 | EUR | 67,826,171.21 | CHF | 70,000,000.00 | -2,109,136.87 | 69,937,056.00 |
| 15/07/2022 | EUR | 42,341,327.56 | DKK | 315,000,000.00 | -22,530.25 | 42,357,766.50 |
| 15/07/2022 | EUR | 11,964,729.59 | DKK | 89,000,000.00 | -4,741.35 | 11,967,749.90 |
| 05/07/2022 | CAD | 2,000,000.00 | EUR | 1,483,789.60 | -1,127.37 | 1,483,074.40 |
| 15/07/2022 | JPY | 1,584,600,000 | EUR | 11,086,592.40 | 70,209.85 | 11,156,825.35 |
| 15/07/2022 | GBP | 1,500,000.00 | EUR | 1,744,957.07 | -3,610.44 | 1,742,565.00 |
| 15/07/2022 | USD | 1,500,000.00 | EUR | 1,442,120.49 | -8,563.59 | 1,434,788.85 |
| 15/07/2022 | CAD | 4,000,000.00 | EUR | 2,964,873.66 | -1,314.76 | 2,966,148.80 |
| 15/07/2022 | AUD | 2,000,000.00 | EUR | 1,336,952.02 | -22,540.71 | 1,315,486.60 |
| 15/07/2022 | DKK | 10,000,000.00 | EUR | 1,344,553.18 | 207.88 | 1,344,691.00 |
| 15/07/2022 | CHF | 2,300,000.00 | EUR | 2,209,106.32 | 88,733.48 | 2,297,931.84 |
| 15/07/2022 | NZD | 5,000,000.00 | EUR | 2,999,112.26 | -28,200.31 | 2,973,624.00 |
| 15/07/2022 | GBP | 1,500,000.00 | EUR | 1,741,108.74 | 240.58 | 1,742,565.00 |
| 15/07/2022 | EUR | 60,366,749.88 | GBP | 51,750,000.00 | 286,002.05 | 60,118,492.50 |
| 15/07/2022 | EUR | 60,269,828.70 | JPY | 8,447,600,000 | 788,017.37 | 59,477,721.73 |
| 15/07/2022 | EUR | 3,799,204.63 | NOK | 38,500,000.00 | 74,166.41 | 3,727,458.35 |
| 15/07/2022 | EUR | 15,542,905.02 | NOK | 157,675,000.00 | 287,180.31 | 15,265,636.24 |
| 15/07/2022 | EUR | 82,139,207.53 | NZD | 135,520,000.00 | 1,605,866.31 | 80,597,104.90 |
| 15/07/2022 | EUR | 6,255,380.37 | NZD | 10,500,000.00 | 15,710.34 | 6,244,610.40 |
| 15/07/2022 | EUR | 40,611,061.77 | SEK | 425,210,000.00 | 932,988.66 | 39,690,462.07 |
| 15/07/2022 | EUR | 1,610,530.82 | USD | 1,730,000.00 | -42,874.11 | 1,654,789.81 |
| 15/07/2022 | EUR | 53,452,095.13 | USD | 57,550,000.00 | -1,549,901.13 | 55,048,065.55 |
|  |  |  |  | Total | 1,295,091.79 | 615,226,118.94 |

Under these OTC derivative contracts, the sub-fund maintained a collateral of EUR 2,160,000.00 with Banque Degroof Petercam Luxembourg S.A. in favour of the counterparty at the end of the year. The purpose of this cash collateral is to fully cover the counterparty against the risk of a possible default by the sub-fund, as there is no margin call.
DPAM L PATRIMONIAL FUND :
| Maturity | Currency Purchase | Nominal Purchased | Currency Sold | Nominal Sold | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- | --- | --- |
|  |
| 30/09/2022 | EUR | 11,763,488.02 | USD | 12,500,000.00 | -120,769.74 | 11,956,573.75 |
| Total | -120,769.74 | 11,956,573.75 |

Under these OTC derivative contracts, the sub-fund maintained a collateral of EUR 570,000.00 with Banque Degroof Petercam Luxembourg S.A. in favour of the counterparty at the end of the year. The purpose of this cash collateral is to fully cover the counterparty against the risk of a possible default by the sub-fund, as there is no margin call.
DPAM L BONDS EMERGING MARKETS SUSTAINABLE :
| Maturity | Currency Purchase | Nominal Purchased | Currency Sold | Nominal Sold | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- | --- | --- |
|  |
| 14/09/2022 | JPY | 700,000,000 | EUR | 4,952,771.78 | -23,700.40 | 4,928,548.37 |
| 13/07/2022 | USD | 30,000,000.00 | EUR | 28,696,874.91 | -22,343.77 | 28,695,777.00 |
| 26/07/2022 | USD | 30,000,000.00 | EUR | 28,682,607.82 | -32,413.57 | 28,695,777.00 |
| 14/09/2022 | SGD | 20,000,000.00 | EUR | 13,520,365.05 | 152,139.76 | 13,746,176.00 |
| 10/11/2022 | USD | 13,531,799.73 | IDR | 200,000,000,000.00 | 188,875.35 | 25,783,516.92 |
| 27/07/2022 | USD | 13,664,935.77 | IDR | 200,000,000,000.00 | 248,290.95 | 25,910,864.99 |
| 27/07/2022 | USD | 13,677,084.05 | IDR | 200,000,000,000.00 | 259,911.09 | 25,922,485.13 |
| 14/09/2022 | USD | 30,483,674.30 | IDR | 450,000,000,000.00 | 377,492.27 | 58,048,424.00 |
| 14/09/2022 | USD | 20,519,835.84 | IDR | 300,000,000,000.00 | 440,466.63 | 38,887,754.44 |
| 14/09/2022 | USD | 15,566,140.53 | KRW | 20,000,000,000.00 | 134,757.79 | 29,623,416.58 |
| 27/07/2022 | USD | 4,811,185.04 | MXN | 100,000,000.00 | -116,886.14 | 9,342,993.10 |
| 14/09/2022 | USD | 22,562,158.75 | MYR | 100,000,000.00 | -34,190.60 | 43,283,389.20 |
| 14/09/2022 | EUR | 30,000,000.00 | USD | 31,796,850.00 | -262,400.94 | 30,414,510.56 |
| 26/09/2022 | EUR | 30,000,000.00 | USD | 32,038,950.00 | -468,746.99 | 30,646,085.48 |
| 14/09/2022 | IDR | 300,000,000,000.00 | USD | 20,377,666.08 | -310,611.58 | 38,751,765.39 |
| 10/11/2022 | IDR | 200,000,000,000.00 | USD | 13,525,393.93 | -189,701.48 | 25,777,389.60 |
| 07/09/2022 | EUR | 20,000,000.00 | USD | 21,345,000.00 | -327,011.21 | 20,417,045.34 |
| 13/07/2022 | EUR | 30,000,000.00 | USD | 31,900,350.00 | -491,377.19 | 30,513,510.99 |
| 14/09/2022 | CLP | 20,000,000,000.00 | USD | 23,630,047.97 | -2,526,199.83 | 43,022,752.90 |
| 26/09/2022 | CLP | 20,000,000,000.00 | USD | 21,907,964.64 | -903,939.93 | 41,375,535.59 |
| 26/10/2022 | GHS | 37,531,000.00 | USD | 5,000,000.00 | -789,263.51 | 9,258,839.28 |
| 14/09/2022 | EUR | 20,000,000.00 | USD | 20,976,200.00 | 36,067.26 | 20,064,278.58 |
| 26/07/2022 | EUR | 30,000,000.00 | USD | 32,281,800.00 | -830,273.47 | 30,878,377.80 |
| 14/09/2022 | CLP | 10,000,000,000.00 | USD | 11,106,791.80 | -575,372.38 | 20,833,934.02 |
| 27/09/2022 | EUR | 5,788,376.94 | ZAR | 100,000,000.00 | 38,850.39 | 5,838,720.00 |
| 27/09/2022 | USD | 9,254,689.04 | ZAR | 150,000,000.00 | 176,866.35 | 17,610,429.76 |
| 14/09/2022 | USD | 30,834,505.04 | ZAR | 500,000,000.00 | 536,021.80 | 58,687,602.68 |
| 14/09/2022 | EUR | 6,112,038.36 | ZAR | 104,000,000.00 | 119,153.84 | 6,072,268.80 |

| 26/09/2022 | USD | 22,219,890.51 | ZAR | 360,000,000.00 | 430,546.08 | 42,273,292.77 |
| --- | --- | --- | --- | --- | --- | --- |
| 27/09/2022 | USD | 18,490,440.44 | ZAR | 300,000,000.00 | 335,618.37 | 35,202,745.18 |
|  |  |  |  | Total | -4,429,375.06 | 840,508,207.47 |

Under these OTC derivative contracts, the sub-fund maintained a collateral of EUR 6.720.000,00 with Banque Degroof Petercam Luxembourg S.A. in favour of the counterparty at the end of the year. The purpose of this cash collateral is to fully cover the counterparty against the risk of a possible default by the sub-fund, as there is no margin call.
DPAM L BONDS GOVERNMENT SUSTAINABLE :
| Maturity | Currency Purchase | Nominal Purchased | Currency Sold | Nominal Sold | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- | --- | --- |
|  |
| 15/07/2022 | EUR | 1,716,322.22 | AUD | 2,550,000.00 | 40,236.27 | 1,677,245.42 |
| 15/07/2022 | CHF | 2,500,000.00 | EUR | 2,420,756.53 | 76,894.61 | 2,497,752.00 |
| 15/07/2022 | EUR | 2,334,648.52 | GBP | 2,000,000.00 | 12,687.25 | 2,323,420.00 |
| 15/07/2022 | EUR | 1,394,208.10 | NZD | 2,300,000.00 | 27,423.24 | 1,367,867.04 |
|  |  |  |  | Total | 157,241.37 | 7,866,284.46 |

Under these OTC derivative contracts, there is no collateral held with the counterparty Banque Degroof Petercam Luxembourg S.A. DPAM L CONVERTIBLE WORLD SUSTAINABLE :
| Maturity | Currency Purchase | Nominal Purchased | Currency Sold | Nominal Sold | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- | --- | --- |
|  |
| 30/09/2022 | EUR | 199,227.00 | AUD | 300,000.00 | 2,997.73 | 197,322.99 |
| 30/09/2022 | USD | 2,000,000.00 | EUR | 1,882,795.95 | 18,605.85 | 1,913,051.80 |
| 30/09/2022 | USD | 400,000.00 | EUR | 359,502.09 | 20,883.81 | 382,610.36 |
| 30/09/2022 | GBP | 350,000.00 | EUR | 412,516.94 | -8,189.18 | 406,598.50 |
| 30/09/2022 | JPY | 45,000,000 | EUR | 320,152.53 | -3,276.35 | 316,835.25 |
| 30/09/2022 | JPY | 50,000,000 | EUR | 349,706.60 | 2,377.28 | 352,039.17 |
| 30/09/2022 | JPY | 10,000,000 | EUR | 71,974.03 | -1,557.00 | 70,407.83 |
| 30/09/2022 | USD | 1,100,000.00 | EUR | 1,033,494.62 | 12,289.01 | 1,052,178.49 |
| 30/09/2022 | JPY | 10,000,000 | EUR | 73,252.83 | -2,835.64 | 70,407.83 |
| 30/09/2022 | USD | 1,500,000.00 | EUR | 1,431,325.03 | -5,392.66 | 1,434,788.85 |
| 30/09/2022 | JPY | 50,000,000 | EUR | 372,041.80 | -19,955.07 | 352,039.17 |
| 30/09/2022 | EUR | 412,828.35 | GBP | 350,000.00 | 8,282.88 | 406,598.50 |
| 30/09/2022 | EUR | 137,789.29 | HKD | 1,200,000.00 | -8,045.73 | 146,277.24 |
| 30/09/2022 | EUR | 1,249,905.31 | JPY | 165,000,000 | 87,522.24 | 1,161,729.26 |
| 30/09/2022 | EUR | 13,908,829.86 | USD | 15,500,000.00 | -827,649.76 | 14,826,151.45 |
|  |  |  |  | Total | -723,942.59 | 23,089,036.70 |

Under these OTC derivative contracts, the sub-fund maintained a collateral of EUR 630,000.00 with Banque Degroof Petercam Luxembourg S.A. in favour of the counterparty at the end of the year. The purpose of this cash collateral is to fully cover the counterparty against the risk of a possible default by the sub-fund, as there is no margin call.

## NOTE 11 - FUTURES
As at 30 June 2022, the following futures contracts are open with the counterparty Banque Degroof Petercam Luxembourg S.A. and with Société Générale.
DPAM L BONDS EUR QUALITY SUSTAINABLE :
| CCY | Number of CONTRACTS | Description | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| EUR | -300 | EURO BOBL FUTURE Septembre 2022 | 15,000.00 | 28,611,600.00 |
| EUR | -160 | EURO BUND FUTURE Septembre 2022 | 240,000.00 | 14,235,360.00 |
|  |  | Total | 255,000.00 | 42,846,960.00 |

Under these futures contracts, there is no collateral held with the counterparty Banque Degroof Petercam Luxembourg S.A..
DPAM L BONDS UNIVERSALIS UNCONSTRAINED :
| CCY | Number of CONTRACTS | Description | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| EUR | -175 | EURO BUND FUTURE Septembre 2022 | 299,250.00 | 15,569,925.00 |
| JPY | -190 | JGB 10YR FUTURE Septembre 2022 | 561,854.51 | 133,077,917.18 |
|  |  | Total | 861,104.51 | 148,647,842.18 |

In respect of these futures contracts, the Sub-Fund maintained a guarantee deposit of EUR 2,985,552.69 with Société Générale in favour of the counterparty at the end of the financial year. This deposit, in cash, is intended to cover market risks in the event of unfavourable daily price movements in the futures contracts purchased or sold.
DPAM L PATRIMONIAL FUND :
| CCY | Number of CONTRACTS | Description | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| AUD | 7 | AUSTRALIAN 10YR BD FUTURE Septembre 2022 | 0.00 | 443,292.67 |
| EUR | -130 | STOXX EUROPE 600 FUTURE Septembre 2022 | 31,108.00 | 2,646,800.00 |
| EUR | -30 | EURO SCHATZ FUTURE Septembre 2022 | -750.00 | 2,975,010.00 |
| EUR | 40 | MSCI EUROPE VALUE FUTURE Septembre 2022 | -23,300.00 | 943,800.00 |
| EUR | -40 | EURO BOBL FUTURE Septembre 2022 | 4,400.00 | 3,814,880.00 |
| EUR | -26 | EURO BUND FUTURE Septembre 2022 | 37,180.00 | 2,313,246.00 |
| GBP | 15 | LONG GILT FUTURE Septembre 2022 | -61,512.55 | 2,055,059.18 |
| USD | 20 | MSCI EMERGING MKTS FUTURE Septembre 2022 | 10,904.40 | 957,166.77 |
| USD | 14 | ULTRA 10YR US TREAS FUTURE Septembre 2022 | -23,853.36 | 1,323,129.40 |
| USD | 4 | ULTRA T-BOND FUTURE Septembre 2022 | -10,970.16 | 359,295.04 |
| USD | -10 | SP 500 EMINI FUTURE Septembre 2022 | -17,050.07 | 1,810,407.01 |
| USD | 10 | US TREASURY LONG BOND FUTURE Septembre 2022 | -15,842.46 | 1,113,082.29 |
| USD | 26 | RUSSELL 1000 EMIN VAL FUTURE Septembre 2022 | -10,756.13 | 1,775,025.69 |
| USD | -18 | RUSSELL 1000 MIN GRWTH FUTURE Septembre 2022 | -44,569.32 | 1,895,691.24 |
|  |  | Total | -125,011.65 | 24,425,885.28 |

In respect of these futures contracts, the Sub-Fund maintained a guarantee deposit of EUR 742,916.31 with Société Générale in favour of the counterparty at the end of the financial year. This deposit, in cash, is intended to cover market risks in the event of unfavourable daily price movements in the futures contracts purchased or sold.
DPAM L BONDS EMERGING MARKETS SUSTAINABLE :
| CCY | Number of CONTRACTS | Description | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| EUR | -500 | EURO-OAT FUTURE Septembre 2022 | -1,937,220.00 | 49,013,500.00 |
| EUR | -140 | EURO-BUXL 30YR FUTURE Septembre 2022 | 935,400.00 | 12,954,760.00 |
| EUR | -50 | EURO-BTP FUTURE Septembre 2022 | -16,500.00 | 4,154,200.00 |
| EUR | -500 | EURO BUND FUTURE Septembre 2022 | 194,510.00 | 44,485,500.00 |
| USD | -250 | US TREASURY LONG BOND FUTURE Septembre 2022 | -1,516,900.62 | 27,827,057.19 |
| USD | -300 | US 10YR TREASURY NOTE FUTURE Septembre 2022 | -989,406.48 | 28,348,289.08 |
|  |  | Total | -3,330,117.10 | 166,783,306.26 |

In respect of these futures contracts, the Sub-Fund maintained a guarantee deposit of EUR 6,968,074.69 with Société Générale in favour of the counterparty at the end of the financial year. This deposit, in cash, is intended to cover market risks in the event of unfavourable daily price movements in the futures contracts purchased or sold.
DPAM L GLOBAL TARGET INCOME :
| CCY | Number of CONTRACTS | Description | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| EUR | 35 | EURO BOBL FUTURE Septembre 2022 | 21,700.00 | 3,338,020.00 |
| EUR | -87 | EURO BUND FUTURE Septembre 2022 | 150,390.00 | 7,740,477.00 |
| EUR | 5 | EURO-BUXL 30YR FUTURE Septembre 2022 | 41,600.00 | 462,670.00 |
| JPY | 29 | TOPIX INDEX FUTURE Septembre 2022 | -112,096.31 | 3,819,891.13 |
| USD | 1 | ULTRA 10YR US TREAS FUTURE Septembre 2022 | -2,152.18 | 94,509.24 |
| USD | 1 | ULTRA T-BOND FUTURE Septembre 2022 | -4,244.58 | 89,823.76 |
| USD | 1 | US TREASURY LONG BOND FUTURE Septembre 2022 | -2,361.42 | 111,308.23 |
| USD | 1 | US 2YR TREASURY NOTE FUTURE Septembre 2022 | -1,307.75 | 191,462.11 |
| USD | 1 | US 5YR TREASURY NOTE FUTURE Septembre 2022 | -1,098.51 | 88,583.27 |
| USD | 92 | US 10YR TREASURY NOTE FUTURE Septembre 2022 | -100,793.92 | 8,693,475.32 |
|  |  | Total | -10,364.67 | 24,630,220.05 |

In respect of these futures contracts, the Sub-Fund maintained a guarantee deposit of EUR 603,601.67 with Société Générale in favour of the counterparty at the end of the financial year. This deposit, in cash, is intended to cover market risks in the event of unfavourable daily price movements in the futures contracts purchased or sold.
DPAM L BONDS CLIMATE TRENDS SUSTAINABLE :
| CCY | Number of CONTRACTS | Description | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| EUR | 150 | EURO BUND FUTURE Septembre 2022 | 351,780.00 | 13,345,650.00 |
| Total | 351,780.00 | 13,345,650.00 |

In respect of these futures contracts, the Sub-Fund maintained a guarantee deposit of EUR 687,251.20 with Société Générale in favour of the counterparty at the end of the financial year. This deposit, in cash, is intended to cover market risks in the event of unfavourable daily price movements in the futures contracts purchased or sold.
DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX :
| CCY | Number of CONTRACTS | Description | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| USD | 115 | MSCI EMERGING MKTS FUTURE Septembre 2022 | -28,050.12 | 5,503,708.94 |
| Total | -28,050.12 | 5,503,708.94 |

In respect of these futures contracts, the Sub-Fund maintained a guarantee deposit of EUR 238,739.54 with Société Générale in favour of the counterparty at the end of the financial year. This deposit, in cash, is intended to cover market risks in the event of unfavourable daily price movements in the futures contracts purchased or sold.

## NOTE 12 - SWAP
As at 30 June 2022, the following sub-funds of the Fund are engaged in Interest Rate Swap
DPAM L BONDS EMERGING MARKETS SUSTAINABLE :
| CCY | Notional | Buyer leg / Payer leg | +/- Unrealised Value ( IN  EUR) | Commitments ( IN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| CZK | 250,000,000 | IRS 1663 250 MI 6Y | -684,992.52 | 10,106,925.00 |
| CZK | 250,000,000 | IRS 1661 250 MI 5Y | -646,214.54 | 10,106,925.00 |
| INR | 1,000,000,000 | IRS 1772 1000M 5Y | -129,024.10 | 12,112,100.00 |
| KRW | 10,000,000,000 | IRS 1649 10MI 2Y | -156,946.24 | 7,367,000.00 |
| KRW | 12,000,000,000 | IRS 1618 12MI 3Y | -164,279.13 | 8,840,400.00 |
| KRW | 10,000,000,000 | IRS 1635 10 MI | -134,834.89 | 7,367,000.00 |
| MYR | 100,000,000 | IRS 1769 100MI 2Y | -27,745.41 | 21,702,100.00 |
| MYR | 100,000,000 | IRS 1807 100MI 2Y | 21,667,347.03 | 21,702,100.00 |
| MYR | 100,000,000 | IRS1805 100MI 1Y | -21,688,954.86 | 21,702,100.00 |
| MYR | 25,000,000 | IRS 1541 25M 2Y | 24,847.34 | 5,425,525.00 |
| ZAR | 200,000,000 | IRS 1774 200M 2Y | 62,864.42 | 11,677,440.00 |
| ZAR | 200,000,000 | IRS 1645 200 MI 2Y | -97,004.89 | 11,677,440.00 |
| ZAR | 250,000,000 | IRS 1610 250 ZAR | -173,813.99 | 14,596,800.00 |
| ZAR | 200,000,000 | IRS 1623 200MI 3Y | -125,989.49 | 11,677,440.00 |
| ZAR | 100,000,000 | IRS 1644 100MI 2Y | 89,734.67 | 5,838,720.00 |
| ZAR | 300,000,000 | IRS 1579 300M 3Y | -206,122.23 | 17,516,160.00 |
|  |  | Total | -2,391,128.83 | 199,416,175.00 |

Under these OTC derivative contracts, there is no collateral held with the counterparty Banque Degroof Petercam Luxembourg S.A.

## NOTE 13 - DIVIDENDS
The General shareholders' meeting of 13 April 2022 approved the payment of a dividend for the exercice 2021. Shares were quoted ex-dividend since 11 May 2022. The payment was made on 19 May 2022.
| Sub-Funds | Classes | ISIN | Ccy | Amount/Share |
| --- | --- | --- | --- | --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE | A | LU0130966863 | EUR | 0,74 |
| DPAM L BONDS EUR QUALITY SUSTAINABLE | E | LU0174537778 | EUR | 2,22 |
| DPAM L BONDS EUR QUALITY SUSTAINABLE | M | LU1518613853 | EUR | 0,75 |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | A | LU0138638068 | EUR | 1,08 |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | E | LU0174543826 | EUR | 0,95 |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | M | LU1518614232 | EUR | 1,10 |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | V | LU0966592965 | EUR | 1,17 |
| DPAM L BONDS HIGHER YIELD | A | LU0138643902 | EUR | 0,18 |
| DPAM L BONDS HIGHER YIELD | E | LU0174544808 | EUR | 0,21 |
| DPAM L BONDS HIGHER YIELD | M | LU1518614661 | EUR | 0,18 |
| DPAM L BONDS HIGHER YIELD | V | LU0966593344 | EUR | 0,20 |
| DPAM L EQUITIES CONVICTION RESEARCH | A | LU0159348084 | EUR | 25,35 |
| DPAM L EQUITIES CONVICTION RESEARCH | M | LU1518615635 | EUR | 25,91 |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM | A | LU0517221833 | EUR | 1,62 |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM | E | LU0517222302 | EUR | 1,69 |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM | M | LU1518616013 | EUR | 1,64 |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM | V | LU0966595042 | EUR | 1,65 |
| DPAM L PATRIMONIAL FUND | A | LU0574765755 | EUR | 0,48 |
| DPAM L PATRIMONIAL FUND | M | LU1518616443 | EUR | 0,48 |
| DPAM L PATRIMONIAL FUND | E | LU0574766134 | EUR | 0,51 |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | A | LU0907927171 | EUR | 0,93 |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | E | LU0907927841 | EUR | 0,97 |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | M | LU1518617094 | EUR | 0,95 |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | V | LU0966596529 | EUR | 1,07 |
| DPAM L BONDS EUR CORPORATE HIGH YIELD | A | LU0966248915 | EUR | 3,45 |
| DPAM L BONDS EUR CORPORATE HIGH YIELD | M | LU1518617334 | EUR | 3,51 |
| DPAM L BONDS EUR CORPORATE HIGH YIELD | V | LU0966250655 | EUR | 3,21 |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE | A | LU1499202692 | EUR | 1,27 |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE | V | LU1867119478 | EUR | 1,29 |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE | A | LU1996436140 | EUR | 0,10 |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE | M | LU1996436819 | EUR | 0,10 |

The Board of Directors of the SICAV has set the payment of a quarterly dividend from the DPAM L GLOBAL TARGET INCOME sub-fund for the year 2022 as follows:
| Classes | Amount/Share | Ex-dividend Date | Date of Payment |
| --- | --- | --- | --- |
| A Dis | EUR 0,74 | 24/03/2022 | 31/03/2022 |
| M Dis | EUR 0,76 |  |  |
| E Dis | EUR 0,73 |  |  |
| A Dis | EUR 0,74 | 22/06/2022 | 30/06/2022 |
| M Dis | EUR 0,76 |  |  |
| E Dis | EUR 0,73 |  |  |
| A Dis | EUR 0,74 | 23/09/2022 | 30/09/2022 |
| M Dis | EUR 0,76 |  |  |
| E Dis | EUR 0,73 |  |  |
| A Dis | EUR 0,74 | 21/12/2022 | 30/12/2022 |
| M Dis | EUR 0,76 |  |  |
| E Dis | EUR 0,73 |  |  |

| NOTE 14 - TRANSACTIONS WITH RELATED PARTS |
| --- |
| Certain sub-fund of the SICAV proceeded during the period to purchases/sales of securities with related parts, acting as counterparty or as intermediary in the transactions. According to the article 46. (3) Of the law modified of December, 2010 an UCITS which invests an important part of its assets in others UCITS and\or other OPC has to indicate in its annual report the maximal percentage of the management fees supported both at the level of the UCITS as in that of UCITS and\or other OPC in which it invests. Il n'y a pas de commission de performance sur les fonds cibles. |
| NOTE 15 - ADMINISTRATION AND DOMICILIATION FEES |
| In return for its services as central agent and domiciliary agent for the SICAV, the Management Company will receive, at the expense of each sub-fund of the SICAV, an annual fee at a maximum rate of 0.045% p.a.. Compensation is payable on a quarterly basis and calculated based on average net assets in each of the sub-funds during the quarter under review. The Management Company will also receive an annual flat-rate fee of EUR 2,000.00 + VAT if applicable per active share class in the sub-fund, to be split among all the active share classes of the sub-fund and proratized to the assets of each share class concerned. |
| NOTE 16 - EVENTS OCCURRING DURING THE PERIOD |
| The COVID-19 (coronavirus) pandemic is still going strong and has been disrupting people's daily lives for almost two years now. This is obviously having an impact on the global economy, although finance in its specific sector is not the most disadvantaged sector. Authorities around the world have taken and continue to take strong and necessary measures to contain the spread of the virus, and to support individuals and businesses in these difficult times. Impact of the Russian invasion of Ukraine. The invasion of Ukraine by the Russian army is a development that is likely to disrupt global financial markets, through various channels, for some time to come. Rising commodity prices constitute one of the primary channels of risk transmission in the global economy, especially for countries that are more dependent on imports from Russia (energy, wheat, various metals). Russia is the world’s 6th largest commodities producer. The current increase in prices underscores the fact that the inflation experienced in most developed countries is non-transitory. A scenario involving stagflation, which is a combination of lower growth and high inflation, has become more likely in the coming months. Central banks, which were anticipating the exit from the monetary support put in place during the Covid crisis, will need to reassess their approach to exiting the crisis as any increase in rates to counter inflation is likely to have a significant impact on economic activity. Achieving the right balance will continue to be a challenge. Russia has become severely isolated from the rest of the world, with China as its only significant trading partner. Potential repercussions from the sanctions imposed on Russia could also have a significant impact on the European economy if Moscow decides to retaliate by cutting off the flow of gas that Germany and Italy are heavily dependent on. |

| The ruble is no longer traded on foreign exchange markets and the Russian central bank has also been targeted by sanctions. This increases the risk of volatility for currencies, potentially not just in the short term. Equity and bond indices will drop Russian securities as these positions are no longer listed. The Russian positions that cannot be sold will consequently remain in portfolios as long as the market is closed and until it is possible to convert the ruble into another currency, which will take a long time. Corporate risks are increased and corporate profits will be affected by their dependence on commodities, among other factors. This means that the markets are likely to experience greater volatility in the coming months. Inevitably, geopolitical de-escalation will also be a lengthy process that will leave its mark for a prolonged period. |
| --- |
| NOTE 17 - EVENTS AFTER THE PERIOD |
| From 1 July 2022, the following 12 Sub-Funds will be clones of the existing sub-funds of DPAM Bonds L, DPAM Equities L, Degroof Petercam France SICAV and Degroof Inst. Will be transferred in DPAM L by merger or absorption Sub-Funds from DPAM BONDS L DPAM L BONDS CORPORATE EUR DPAM L BONDS CORPORATE HIGH YIELD EUR 2023 DPAM L BONDS EUR INFLATION-LINKED DPAM L BONDS EUR SELECTION DPAM L BONDS GOVERNMENT GLOBAL Sub-Funds from DPAM EQUITIES L DPAM L EQUITIES EMERGING MSCI INDEX DPAM L EQUITIES EMU SRI MSCI INDEX DPAM L EQUITIES EUROPE BEHAVIORAL VALUE DPAM L EQUITIES US SRI MSCI INDEX DPAM L EQUITIES WORLD SRI MSCI INDEX Sub-Funds from Degroof Petercam France SICAV DPAM L CONVERTIBLE EUROPE Sub-Funds from Degroof Inst. DPAM L BONDS EMU INV. GRADE GOV. INDEX Concerning the manager of the DPAM L CONVERTIBLE WORLD SUSTAINABLE and DPAM L BONDS EUR SHORT TERM Sub-Funds, since 2 May 2022, the institutional management team of DEGROOF PETERCAM WEALTH MANAGEMENT has been transferred to the branch of DEGROOF PETERCAM ASSET MANAGEMENT S.A. in France, called DPAM Branch France and located at 44 rue de Lisbonne, 75008 Paris, France. For DPAM L BONDS EUR CORPORATE HIGH YIELD, DPAM L BONDS HIGHER YIELD, DPAM L BONDS UNIVERSALIS UNCONSTRAINED, DPAM L GLOBAL TARGET INCOME and DPAM L PATRIMONIAL FUND, an SFDR reclassification from article 6 to article 8 took effect on 21 June 2022, after one month's notice of free exit from 20 May 2022 to 20 June 2022. |

| OVERALL RISK ASSESSMENT |
| --- |
| Each sub-fund of the SICAV must ensure that its overall exposure to financial derivative instruments does not exceed its total net assets. Overall exposure is a measurement designed to limit the leverage generated for each Sub-Fund by using derivatives. The method used to calculate overall exposure for each Sub-Fund of the SICAV is the ‘commitment method’. The commitment method entails converting positions on derivatives into equivalent positions on underlying assets and then aggregating the market value of these equivalent positions. |
| TRANSPARENCY OF SECURITIES FINANCING TRANSACTONS AND REUSE |
| In accordance with Article 13 and Section A of the Annex to Regulation EU 2015/2365 (hereinafter the "Regulation"), the SICAV must inform investors of its use of securities financing transactions and total return swaps in the annual and semi-annual reports. The portfolio does not contain any assets on loan as of the date of this report. |

Translation (ENFR, 2022-06-30):
# du 1 janvier 2022 au 30 juin 2022
|  |  |  |
| --- | --- | --- |
|  | Notes | Combiné (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 11.839.077,60 |
| Intérêts sur obligations | 1e | 140.111.156,63 |
| Intérêts payés sur SWAP |  | 2.258.044,58 |
| Intérêts créditeurs |  | 77.394,28 |
| Commissions perçues sur souscriptions et rachats | 4 | 548.739,16 |
| Récupérations de taxes |  | 830.711,97 |
| Total Revenus |  | 155.665.124,22 |
| Charges |  |  |
| Commission de gestion |  | 14.866.622,95 |
| Commission de banque dépositaire |  | 1.116.517,12 |
| Taxe d'abonnement | 7 | 894.201,86 |
| Frais d'administration |  | 4.052.262,12 |
| Frais et commissions divers |  | 374.937,41 |
| Frais de transactions |  | 1.743.953,82 |
| Intérêts et frais reçus sur SWAP |  | 3.794.450,96 |
| Dividendes versés sur CDS |  | 2.580.691,75 |
| Intérêts débiteurs |  | 493.666,28 |
| Redevance aux autorités étrangères |  | 41.378,91 |
| Total Charges |  | 29.958.683,18 |
| Revenus / Pertes Net(te)s |  | 125.706.441,04 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -129.570.006,09 |
| - sur devises |  | 1.356.187,59 |
| - sur changes à terme |  | -11.243.573,56 |
| - sur futures |  | 49.090.326,90 |
| - sur SWAP |  | 5.560.686,78 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | 40.900.062,66 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -884.210.019,59 |
| - sur devises |  | 1.502.510,92 |
| - sur changes à terme |  | -5.634.917,57 |
| - sur futures |  | -11.626.241,02 |
| - sur SWAP |  | -698.613,58 |
| Résultat net des opérations |  | -859.767.218,18 |
| - Souscriptions |  | 1.454.143.237,11 |
| - Rachats |  | -1.059.968.582,14 |
| Dividendes payés |  | -10.975.437,59 |
| Variations de l'actif net |  | -476.568.000,80 |
| Actif net au début de la période |  | 8.852.818.409,55 |
| Actif net à la fin de la période |  | 8.376.250.408,75 |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 1.145.752.003,84 |
| Avoirs en banque |  | 2.698.128,36 |
| Intérêts à recevoir sur compte courant |  | 0,00 |
| Intérêts à recevoir sur obligations |  | 8.136.402,34 |
| Dividendes à recevoir sur actions |  | 0,00 |
| Montants à recevoir sur souscriptions |  | 322.119,96 |
| Montants à recevoir sur ventes de titres |  | 15.381.527,12 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 1.440.912,70 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Actif |  | 1.173.731.094,32 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 977.667,28 |
| Découverts en banque |  | 499.760,10 |
| Intérêts débiteurs à payer |  | 1.756,64 |
| Montants à payer sur rachats |  | 0,00 |
| Montants à payer sur achats de titres |  | 2.993.463,57 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 4.472.647,59 |
| Actif net à la fin de la période |  | 1.169.258.446,73 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - A |  | 127.708,436 |
| - B |  | 56.780,682 |
| - E |  | 28.862,518 |
| - F |  | 653.085,235 |
| - F LC |  | 1.000,000 |
| - J |  | 19.937,184 |
| - L |  | 23,000 |
| - M |  | 581.816,037 |
| - N |  | 34.143,083 |
| - P |  | 362.669,000 |
| - W |  | 7.772,659 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - A |  | 128,06 |
| - B |  | 512,65 |
| - E |  | 383,70 |
| - F |  | 538,30 |
| - F LC |  | 4,28 |
| - J |  | 22.928,85 |
| - L |  | 467,73 |
| - M |  | 129,92 |
| - N |  | 519,97 |
| - P |  | 569,57 |
| - W |  | 528,86 |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 973.653.598,60 |
| Avoirs en banque |  | 10.751.847,70 |
| Intérêts à recevoir sur compte courant |  | 1.988,81 |
| Intérêts à recevoir sur obligations |  | 8.118.171,35 |
| Dividendes à recevoir sur actions |  | 0,00 |
| Montants à recevoir sur souscriptions |  | 28.060,71 |
| Montants à recevoir sur ventes de titres |  | 0,00 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 3.072.123,99 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Actif |  | 995.625.791,16 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 1.167.634,13 |
| Découverts en banque |  | 220.624,40 |
| Intérêts débiteurs à payer |  | 6.937,18 |
| Montants à payer sur rachats |  | 442.218,34 |
| Montants à payer sur achats de titres |  | 0,00 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 86.571,30 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 1.923.985,35 |
| Actif net à la fin de la période |  | 993.701.805,81 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - A |  | 242.635,995 |
| - B |  | 321.961,643 |
| - B CHF |  | 709,974 |
| - E |  | 248.560,839 |
| - F |  | 2.317.012,738 |
| - F LC |  | 1.000,000 |
| - J |  | 9.940,250 |
| - M |  | 830.230,211 |
| - N |  | 30.951,810 |
| - P |  | 560.420,000 |
| - V |  | 38.978,632 |
| - W |  | 80.974,355 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - A |  | 126,96 |
| - B |  | 160,27 |
| - B CHF |  | 150,41 |
| - E |  | 111,88 |
| - F |  | 168,86 |
| - F LC |  | 4,52 |
| - J |  | 26.107,36 |
| - M |  | 129,38 |
| - N |  | 163,07 |
| - P |  | 180,87 |
| - V |  | 137,31 |
| - W |  | 165,77 |

|  |
| --- |
| DPAM L BONDS HIGHER YIELD |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 84.367.689,66 |
| Avoirs en banque |  | 6.134.635,55 |
| Intérêts à recevoir sur compte courant |  | 2.137,12 |
| Intérêts à recevoir sur obligations |  | 1.104.857,81 |
| Dividendes à recevoir sur actions |  | 0,00 |
| Montants à recevoir sur souscriptions |  | 232.315,42 |
| Montants à recevoir sur ventes de titres |  | 0,00 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Actif |  | 91.841.635,56 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 234.888,11 |
| Découverts en banque |  | 243.882,80 |
| Intérêts débiteurs à payer |  | 763,92 |
| Montants à payer sur rachats |  | 188.310,91 |
| Montants à payer sur achats de titres |  | 0,00 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 667.845,74 |
| Actif net à la fin de la période |  | 91.173.789,82 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - A |  | 328.562,287 |
| - B |  | 85.481,711 |
| - B CHF |  | 366,107 |
| - E |  | 205.051,858 |
| - F |  | 55.405,524 |
| - F LC |  | 1.000,000 |
| - M |  | 85.483,863 |
| - N |  | 2.430,713 |
| - V |  | 6.908,223 |
| - W |  | 5.940,910 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - A |  | 78,76 |
| - B |  | 256,29 |
| - B CHF |  | 251,86 |
| - E |  | 90,54 |
| - F |  | 271,37 |
| - F LC |  | 4,45 |
| - M |  | 80,35 |
| - N |  | 260,90 |
| - V |  | 87,61 |
| - W |  | 266,30 |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 1.051.988.361,24 |
| Avoirs en banque |  | 5.662.493,86 |
| Intérêts à recevoir sur compte courant |  | 420,36 |
| Intérêts à recevoir sur obligations |  | 3.759.213,96 |
| Dividendes à recevoir sur actions |  | 0,00 |
| Montants à recevoir sur souscriptions |  | 128.026,55 |
| Montants à recevoir sur ventes de titres |  | 2.985.029,14 |
| Montants à recevoir sur changes au comptant |  | 28.946.343,02 |
| Gains non réalisés sur changes à terme | 10 | 1.295.091,79 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 2.160.000,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Actif |  | 1.096.924.979,92 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 756.697,97 |
| Découverts en banque |  | 0,00 |
| Intérêts débiteurs à payer |  | 4.066,77 |
| Montants à payer sur rachats |  | 149.193,52 |
| Montants à payer sur achats de titres |  | 38.821.624,13 |
| Montants à payer sur changes au comptant |  | 28.974.784,85 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 2.160.000,00 |
| Total Exigible |  | 70.866.367,24 |
| Actif net à la fin de la période |  | 1.026.058.612,68 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - A |  | 5.963,475 |
| - B |  | 25.283,562 |
| - E |  | 6.929,269 |
| - F |  | 322.365,535 |
| - J |  | 13.269,841 |
| - L |  | 1.009,104 |
| - M |  | 24.842,833 |
| - N |  | 218,000 |
| - P |  | 23.305,000 |
| - V |  | 77.512,171 |
| - W |  | 22.880,557 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - A |  | 1.191,70 |
| - B |  | 1.207,07 |
| - E |  | 1.227,25 |
| - F |  | 1.472,02 |
| - J |  | 23.724,01 |
| - L |  | 1.186,18 |
| - M |  | 1.203,05 |
| - N |  | 1.218,89 |
| - P |  | 1.520,41 |
| - V |  | 1.234,14 |
| - W |  | 1.229,98 |

|  |
| --- |
| DPAM L EQUITIES CONVICTION RESEARCH |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 267.166.558,13 |
| Avoirs en banque |  | 2.952.605,89 |
| Intérêts à recevoir sur compte courant |  | 0,00 |
| Intérêts à recevoir sur obligations |  | 0,00 |
| Dividendes à recevoir sur actions |  | 334.829,28 |
| Montants à recevoir sur souscriptions |  | 49.994,19 |
| Montants à recevoir sur ventes de titres |  | 0,00 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Actif |  | 270.503.987,49 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 288.460,92 |
| Découverts en banque |  | 0,00 |
| Intérêts débiteurs à payer |  | 2.799,76 |
| Montants à payer sur rachats |  | 0,00 |
| Montants à payer sur achats de titres |  | 0,00 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 291.260,68 |
| Actif net à la fin de la période |  | 270.212.726,81 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - A |  | 2.180,870 |
| - B |  | 11.902,226 |
| - F |  | 342,887 |
| - J |  | 5.901,000 |
| - M |  | 10.386,272 |
| - N |  | 1.469,238 |
| - P |  | 2.368,000 |
| - W |  | 15,000 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - A |  | 1.059,97 |
| - B |  | 1.348,95 |
| - F |  | 115,84 |
| - J |  | 29.341,82 |
| - M |  | 1.086,82 |
| - N |  | 1.380,41 |
| - P |  | 27.588,73 |
| - W |  | 904,10 |

|  |
| --- |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 389.219.263,33 |
| Avoirs en banque |  | 22.684.633,90 |
| Intérêts à recevoir sur compte courant |  | 0,00 |
| Intérêts à recevoir sur obligations |  | 3.587.987,46 |
| Dividendes à recevoir sur actions |  | 0,00 |
| Montants à recevoir sur souscriptions |  | 122.538,81 |
| Montants à recevoir sur ventes de titres |  | 175,00 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 415.614.598,50 |
| Total Actif |  |  |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 435.863,05 |
| Découverts en banque |  | 0,00 |
| Intérêts débiteurs à payer |  | 17.131,95 |
| Montants à payer sur rachats |  | 371.412,64 |
| Montants à payer sur achats de titres |  | 0,00 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 824.407,64 |
| Total Exigible |  |  |
| Actif net à la fin de la période |  | 414.790.190,86 |

|  |
| --- |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - A | 139.215,314 |
| - B | 109.262,882 |
| - E | 111.647,909 |
| - F | 1.760.754,189 |
| - F CHF | 300,000 |
| - F LC | 1.000,000 |
| - J | 2.926,153 |
| - L | 3.496,334 |
| - M | 133.187,272 |
| - N | 89.102,282 |
| - P | 317.213,000 |
| - V | 607,387 |
| - W | 30.848,680 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |
| - A | 98,40 |
| - B | 126,92 |
| - E | 102,97 |
| - F | 132,40 |
| - F CHF | 132,34 |
| - F LC | 4,66 |
| - J | 23.730,92 |
| - L | 124,39 |
| - M | 99,82 |
| - N | 128,55 |
| - P | 138,21 |
| - V | 100,26 |
| - W | 130,61 |

|  |
| --- |
| DPAM L PATRIMONIAL FUND |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 108.609.618,65 |
| Avoirs en banque |  | 11.633.797,74 |
| Intérêts à recevoir sur compte courant |  | 359,26 |
| Intérêts à recevoir sur obligations |  | 513.785,63 |
| Dividendes à recevoir sur actions |  | 3.853,36 |
| Montants à recevoir sur souscriptions |  | 0,00 |
| Montants à recevoir sur ventes de titres |  | 0,00 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 744.166,31 |
| Collatéral sur changes à terme |  | 570.000,00 |
| Total Actif |  | 122.075.580,95 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 388.489,02 |
| Découverts en banque |  | 18.471,80 |
| Intérêts débiteurs à payer |  | 5.532,09 |
| Montants à payer sur rachats |  | 244.220,82 |
| Montants à payer sur achats de titres |  | 0,00 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 120.769,74 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 1.250,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 778.733,47 |
| Actif net à la fin de la période |  | 121.296.847,48 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - A |  | 727.763,121 |
| - B |  | 257.375,932 |
| - E |  | 1.971,381 |
| - F |  | 38.925,432 |
| - M |  | 22.152,097 |
| - N |  | 33.952,851 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - A |  | 106,73 |
| - B |  | 122,96 |
| - E |  | 115,50 |
| - F |  | 130,45 |
| - M |  | 108,96 |
| - N |  | 125,36 |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 2.772.325.854,82 |
| Avoirs en banque |  | 102.278.732,18 |
| Intérêts à recevoir sur compte courant |  | 37.305,05 |
| Intérêts à recevoir sur obligations |  | 56.325.342,75 |
| Dividendes à recevoir sur actions |  | 0,00 |
| Montants à recevoir sur souscriptions |  | 12.897.303,07 |
| Montants à recevoir sur ventes de titres |  | 2.060.724,73 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 1,82 |
| Dépôts de garantie sur futures | 11 | 6.968.074,69 |
| Collatéral sur changes à terme |  | 6.720.000,00 |
| Total Actif |  | 2.959.613.339,11 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 4.095.120,53 |
| Découverts en banque |  | 2.569.287,74 |
| Intérêts débiteurs à payer |  | 14.725,07 |
| Montants à payer sur rachats |  | 6.133.808,93 |
| Montants à payer sur achats de titres |  | 24.769.727,13 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 4.429.375,06 |
| Pertes non réalisées sur SWAP | 12 | 2.391.128,83 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 44.403.173,29 |
| Actif net à la fin de la période |  | 2.915.210.165,82 |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - A | 960.875,052 |
| - B | 621.499,893 |
| - B CHF | 3.717,000 |
| - B USD | 164.121,874 |
| - E | 2.881.374,513 |
| - F | 11.407.418,112 |
| - F CHF | 69.915,984 |
| - F USD | 1.424.843,263 |
| - J | 11.223,548 |
| - L | 46.591,316 |
| - M | 461.087,760 |
| - N | 11.425,279 |
| - N USD | 6.247,794 |
| - P | 894.227,328 |
| - V | 172.736,048 |
| - W | 2.141.855,900 |
| - W CHF | 7.135,469 |
| - W USD | 741.627,487 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |
| - A | 88,93 |
| - B | 123,77 |
| - B CHF | 121,50 |
| - B USD | 99,38 |
| - E | 92,54 |
| - F | 129,95 |
| - F CHF | 129,84 |
| - F USD | 107,85 |
| - J | 26.123,28 |
| - L | 121,09 |
| - M | 90,63 |
| - N | 126,10 |
| - N USD | 100,86 |
| - P | 135,49 |
| - V | 102,25 |
| - W | 129,67 |
| - W CHF | 123,00 |
| - W USD | 96,62 |

|  |
| --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 320.616.611,60 |
| Avoirs en banque |  | 30.323.409,23 |
| Intérêts à recevoir sur compte courant |  | 0,00 |
| Intérêts à recevoir sur obligations |  | 4.153.361,80 |
| Dividendes à recevoir sur actions |  | 0,00 |
| Montants à recevoir sur souscriptions |  | 264.391,02 |
| Montants à recevoir sur ventes de titres |  | 0,00 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Actif |  | 355.357.773,65 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 563.865,36 |
| Découverts en banque |  | 0,00 |
| Intérêts débiteurs à payer |  | 13.709,20 |
| Montants à payer sur rachats |  | 20.131,88 |
| Montants à payer sur achats de titres |  | 0,00 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 597.706,44 |
| Actif net à la fin de la période |  | 354.760.067,21 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - A |  | 105.754,889 |
| - B |  | 119.067,004 |
| - F |  | 1.717.862,169 |
| - J |  | 1.326,000 |
| - L |  | 237,423 |
| - M |  | 74.906,702 |
| - N |  | 50,000 |
| - P |  | 31.000,000 |
| - V |  | 607.751,952 |
| - W |  | 4.319,174 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - A |  | 100,76 |
| - B |  | 126,73 |
| - F |  | 131,90 |
| - J |  | 24.649,61 |
| - L |  | 91,53 |
| - M |  | 102,88 |
| - N |  | 117,54 |
| - P |  | 139,65 |
| - V |  | 93,97 |
| - W |  | 129,45 |

|  |
| --- |
| DPAM L GLOBAL TARGET INCOME |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| f |  |  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 41.347.856,67 |
| Avoirs en banque |  | 3.875.116,06 |
| Intérêts à recevoir sur compte courant |  | 48,96 |
| Intérêts à recevoir sur obligations |  | 0,00 |
| Dividendes à recevoir sur actions |  | 0,00 |
| Montants à recevoir sur souscriptions |  | 3.150,70 |
| Montants à recevoir sur ventes de titres |  | 0,00 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Dépôts de garantie sur futures | 11 | 612.249,59 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Actif |  | 45.838.421,98 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 76.641,95 |
| Découverts en banque |  | 5.524,00 |
| Intérêts débiteurs à payer |  | 758,90 |
| Montants à payer sur rachats |  | 4.232,14 |
| Montants à payer sur achats de titres |  | 0,00 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Dépôts de garantie sur futures | 11 | 8.647,92 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 95.804,91 |
| Actif net à la fin de la période |  | 45.742.617,07 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - A |  | 119.241,565 |
| - B |  | 23.378,514 |
| - E |  | 6.600,000 |
| - F |  | 281.996,856 |
| - M |  | 15.495,101 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - A |  | 87,87 |
| - B |  | 110,90 |
| - E |  | 86,89 |
| - F |  | 108,89 |
| - M |  | 89,79 |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 60.291.390,74 |
| Avoirs en banque |  | 2.568.765,72 |
| Intérêts à recevoir sur compte courant |  | 0,00 |
| Intérêts à recevoir sur obligations |  | 203.133,19 |
| Dividendes à recevoir sur actions |  | 11.982,62 |
| Montants à recevoir sur souscriptions |  | 17.258,57 |
| Montants à recevoir sur ventes de titres |  | 2.027,98 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Actif |  | 63.094.558,82 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 226.510,60 |
| Découverts en banque |  | 0,00 |
| Intérêts débiteurs à payer |  | 2.034,25 |
| Montants à payer sur rachats |  | 0,00 |
| Montants à payer sur achats de titres |  | 0,00 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 228.544,85 |
| Actif net à la fin de la période |  | 62.866.013,97 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - A |  | 56.071,704 |
| - B |  | 318.602,358 |
| - F |  | 326,859 |
| - V |  | 11.618,790 |
| - W |  | 906,107 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - A |  | 107,54 |
| - B |  | 145,04 |
| - F |  | 28.203,54 |
| - V |  | 109,57 |
| - W |  | 147,91 |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 377.754.083,53 |
| Avoirs en banque |  | 11.594.514,71 |
| Intérêts à recevoir sur compte courant |  | 745,56 |
| Intérêts à recevoir sur obligations |  | 3.540.034,39 |
| Dividendes à recevoir sur actions |  | 0,00 |
| Montants à recevoir sur souscriptions |  | 1.574,36 |
| Montants à recevoir sur ventes de titres |  | 3.595.830,10 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 687.251,20 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Actif |  | 397.174.033,85 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 339.235,15 |
| Découverts en banque |  | 0,00 |
| Intérêts débiteurs à payer |  | 1.163,47 |
| Montants à payer sur rachats |  | 448,19 |
| Montants à payer sur achats de titres |  | 2.698.324,55 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 3.039.171,36 |
| Actif net à la fin de la période |  | 394.134.862,49 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - A |  | 29.179,000 |
| - B |  | 14.655,768 |
| - F |  | 379.332,782 |
| - J |  | 13.373,000 |
| - M |  | 207.894,938 |
| - P |  | 1.918,000 |
| - W |  | 82.709,524 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - A |  | 85,14 |
| - B |  | 85,12 |
| - F |  | 86,38 |
| - J |  | 21.726,08 |
| - M |  | 86,17 |
| - P |  | 21.857,55 |
| - W |  | 87,73 |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 86.111.771,96 |
| Avoirs en banque |  | 1.136.170,75 |
| Intérêts à recevoir sur compte courant |  | 261,93 |
| Intérêts à recevoir sur obligations |  | 266.993,89 |
| Dividendes à recevoir sur actions |  | 0,00 |
| Montants à recevoir sur souscriptions |  | 0,00 |
| Montants à recevoir sur ventes de titres |  | 1.497.163,36 |
| Montants à recevoir sur changes au comptant |  | 1.338.864,17 |
| Gains non réalisés sur changes à terme | 10 | 157.241,37 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Actif |  | 90.508.467,43 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 54.807,94 |
| Découverts en banque |  | 0,00 |
| Intérêts débiteurs à payer |  | 402,34 |
| Montants à payer sur rachats |  | 0,00 |
| Montants à payer sur achats de titres |  | 1.752.302,59 |
| Montants à payer sur changes au comptant |  | 1.340.577,65 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 3.148.090,52 |
| Actif net à la fin de la période |  | 87.360.376,91 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - F |  | 182.285,000 |
| - F LC |  | 1.000,000 |
| - J |  | 3.203,000 |
| - M |  | 4.228,000 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - F |  | 88,31 |
| - F LC |  | 4,48 |
| - J |  | 22.131,66 |
| - M |  | 87,77 |

|  |
| --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 14.004.253,09 |
| Avoirs en banque |  | 1.156.811,05 |
| Intérêts à recevoir sur compte courant |  | 449,39 |
| Intérêts à recevoir sur obligations |  | 14.608,47 |
| Dividendes à recevoir sur actions |  | 0,00 |
| Montants à recevoir sur souscriptions |  | 0,00 |
| Montants à recevoir sur ventes de titres |  | 544.888,73 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 630.000,00 |
| Total Actif |  | 16.351.010,73 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 42.642,15 |
| Découverts en banque |  | 0,00 |
| Intérêts débiteurs à payer |  | 156,29 |
| Montants à payer sur rachats |  | 0,00 |
| Montants à payer sur achats de titres |  | 0,00 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 723.942,59 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 766.741,03 |
| Actif net à la fin de la période |  | 15.584.269,70 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - B |  | 102.682,363 |
| - F |  | 34.000,000 |
| - P |  | 240,000 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - B |  | 76,77 |
| - F |  | 82,38 |
| - P |  | 20.418,03 |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 378.577.606,76 |
| Avoirs en banque |  | 5.160.618,49 |
| Intérêts à recevoir sur compte courant |  | 1.052,82 |
| Intérêts à recevoir sur obligations |  | 0,00 |
| Dividendes à recevoir sur actions |  | 2.137.021,98 |
| Montants à recevoir sur souscriptions |  | 0,00 |
| Montants à recevoir sur ventes de titres |  | 0,00 |
| Montants à recevoir sur changes au comptant |  | 541.326,69 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 238.739,54 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Actif |  | 386.656.366,28 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 360.389,96 |
| Découverts en banque |  | 70,52 |
| Intérêts débiteurs à payer |  | 530,11 |
| Montants à payer sur rachats |  | 0,00 |
| Montants à payer sur achats de titres |  | 1.008.521,97 |
| Montants à payer sur changes au comptant |  | 541.835,71 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 1.911.348,27 |
| Actif net à la fin de la période |  | 384.745.018,01 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - B |  | 83.760,000 |
| - F |  | 590.415,000 |
| - J |  | 13.495,000 |
| - M |  | 1.600,000 |
| - N |  | 437.351,702 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - B |  | 85,53 |
| - F |  | 85,70 |
| - J |  | 21.443,12 |
| - M |  | 85,68 |
| - N |  | 85,67 |

|  |
| --- |
| DPAM L BONDS EUR SHORT TERM |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Actif |  |  |
| Portefeuille-titres à la valeur d'évaluation | 1a | 23.287.300,50 |
| Avoirs en banque |  | 4.252.222,23 |
| Intérêts à recevoir sur compte courant |  | 0,00 |
| Intérêts à recevoir sur obligations |  | 178.643,67 |
| Dividendes à recevoir sur actions |  | 0,00 |
| Montants à recevoir sur souscriptions |  | 0,00 |
| Montants à recevoir sur ventes de titres |  | 2.572.881,86 |
| Montants à recevoir sur changes au comptant |  | 0,00 |
| Gains non réalisés sur changes à terme | 10 | 0,00 |
| Montants à recevoir du broker sur futures |  | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Actif |  | 30.291.048,26 |
| Exigible |  |  |
| Taxes et frais à payer | 3 | 38.299,59 |
| Découverts en banque |  | 0,00 |
| Intérêts débiteurs à payer |  | 893,29 |
| Montants à payer sur rachats |  | 897.258,00 |
| Montants à payer sur achats de titres |  | 0,00 |
| Montants à payer sur changes au comptant |  | 0,00 |
| Pertes non réalisées sur changes à terme | 10 | 0,00 |
| Pertes non réalisées sur SWAP | 12 | 0,00 |
| Dépôts de garantie sur futures | 11 | 0,00 |
| Collatéral sur changes à terme |  | 0,00 |
| Total Exigible |  | 936.450,88 |
| Actif net à la fin de la période |  | 29.354.597,38 |
| Nombre d'actions en circulation (à la fin de la période) |  |  |
| - B |  | 299.558,004 |
| Valeur Nette d'inventaire par action (à la fin de la période) |  |  |
| - B |  | 97,99 |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 0,00 |
| Intérêts sur obligations | 1e | 9.816.087,68 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 0,00 |
| Commissions perçues sur souscriptions et rachats | 4 | 141.767,41 |
| Récupérations de taxes |  | 0,00 |
| Total Revenus |  | 9.957.855,09 |
| Charges |  |  |
| Commission de gestion |  | 1.283.190,46 |
| Commission de banque dépositaire |  | 173.506,21 |
| Taxe d'abonnement | 7 | 104.928,10 |
| Frais d'administration |  | 510.148,42 |
| Frais et commissions divers |  | 44.424,40 |
| Frais de transactions |  | 129.032,02 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 39.817,08 |
| Redevance aux autorités étrangères |  | 2.557,33 |
| Total Charges |  | 2.287.604,02 |
| Revenus / Pertes Net(te)s |  | 7.670.251,07 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -28.395.834,42 |
| - sur devises |  | -0,02 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 15.804.810,00 |
| - sur SWAP |  | 0,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | -4.920.773,37 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -182.169.639,31 |
| - sur devises |  | 0,00 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | -2.085.500,00 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -189.175.912,68 |
| - Souscriptions |  | 52.047.524,47 |
| - Rachats |  | -191.478.763,02 |
| Dividendes payés |  | -578.383,36 |
| Variations de l'actif net |  | -329.185.534,59 |
| Actif net au début de la période |  | 1.498.443.981,22 |
| Actif net à la fin de la période |  | 1.169.258.446,63 |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 0,00 |
| Intérêts sur obligations | 1e | 11.634.553,35 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 3.386,57 |
| Commissions perçues sur souscriptions et rachats | 4 | 0,00 |
| Récupérations de taxes |  | 60.064,61 |
| Total Revenus |  | 11.698.004,53 |
| Charges |  |  |
| Commission de gestion |  | 1.734.614,56 |
| Commission de banque dépositaire |  | 129.388,34 |
| Taxe d'abonnement | 7 | 113.695,07 |
| Frais d'administration |  | 423.157,31 |
| Frais et commissions divers |  | 43.994,41 |
| Frais de transactions |  | 125.814,85 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 200.914,74 |
| Intérêts débiteurs |  | 55.811,32 |
| Redevance aux autorités étrangères |  | 3.039,47 |
| Total Charges |  | 2.830.430,07 |
| Revenus / Pertes Net(te)s |  | 8.867.574,46 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -18.204.351,06 |
| - sur devises |  | 240.424,71 |
| - sur changes à terme |  | 102.253,65 |
| - sur futures |  | 17.224.380,92 |
| - sur SWAP |  | 1.429.932,41 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | 9.660.215,09 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -130.593.700,05 |
| - sur devises |  | -67.606,31 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | -3.693.447,49 |
| - sur SWAP |  | 3.328.186,00 |
| Résultat net des opérations |  | -121.366.352,76 |
| - Souscriptions |  | 196.644.994,22 |
| - Rachats |  | -120.230.758,39 |
| Dividendes payés |  | -1.490.812,69 |
| Variations de l'actif net |  | -46.442.929,62 |
| Actif net au début de la période |  | 1.040.144.735,43 |
| Actif net à la fin de la période |  | 993.701.805,81 |

|  |
| --- |
| DPAM L BONDS HIGHER YIELD |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 0,00 |
| Intérêts sur obligations | 1e | 2.532.219,60 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 3.094,52 |
| Commissions perçues sur souscriptions et rachats | 4 | 15.298,89 |
| Récupérations de taxes |  | 5.476,60 |
| Total Revenus |  | 2.556.089,61 |
| Charges |  |  |
| Commission de gestion |  | 404.511,15 |
| Commission de banque dépositaire |  | 15.131,66 |
| Taxe d'abonnement | 7 | 29.832,64 |
| Frais d'administration |  | 86.260,13 |
| Frais et commissions divers |  | 6.965,22 |
| Frais de transactions |  | 24.519,19 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 32.640,31 |
| Intérêts débiteurs |  | 6.035,95 |
| Redevance aux autorités étrangères |  | 2.557,33 |
| Total Charges |  | 608.453,58 |
| Revenus / Pertes Net(te)s |  | 1.947.636,03 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -5.186.746,25 |
| - sur devises |  | 258.174,15 |
| - sur changes à terme |  | -116.161,24 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | -26.868,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | -3.123.965,31 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -12.667.281,08 |
| - sur devises |  | 133.811,77 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -15.657.434,62 |
| - Souscriptions |  | 9.284.584,93 |
| - Rachats |  | -43.541.023,47 |
| Dividendes payés |  | -133.782,64 |
| Variations de l'actif net |  | -50.047.655,80 |
| Actif net au début de la période |  | 141.221.445,62 |
| Actif net à la fin de la période |  | 91.173.789,82 |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 0,00 |
| Intérêts sur obligations | 1e | 5.835.422,58 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 868,14 |
| Commissions perçues sur souscriptions et rachats | 4 | 0,00 |
| Récupérations de taxes |  | 0,00 |
| Total Revenus |  | 5.836.290,72 |
| Charges |  |  |
| Commission de gestion |  | 919.430,09 |
| Commission de banque dépositaire |  | 124.165,39 |
| Taxe d'abonnement | 7 | 87.960,09 |
| Frais d'administration |  | 429.200,15 |
| Frais et commissions divers |  | 15.135,91 |
| Frais de transactions |  | 122.905,68 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 26.259,14 |
| Redevance aux autorités étrangères |  | 2.557,33 |
| Total Charges |  | 1.727.613,78 |
| Revenus / Pertes Net(te)s |  | 4.108.676,94 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -16.270.857,19 |
| - sur devises |  | -1.856.364,11 |
| - sur changes à terme |  | -24.654,91 |
| - sur futures |  | 46.650,00 |
| - sur SWAP |  | 0,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | -13.996.549,27 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -86.458.568,77 |
| - sur devises |  | -5.962,42 |
| - sur changes à terme |  | -865.354,61 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -101.326.435,07 |
| - Souscriptions |  | 238.684.745,48 |
| - Rachats |  | -66.259.418,96 |
| Dividendes payés |  | 0,00 |
| Variations de l'actif net |  | 71.098.891,45 |
| Actif net au début de la période |  | 954.959.721,23 |
| Actif net à la fin de la période |  | 1.026.058.612,68 |

|  |
| --- |
| DPAM L EQUITIES CONVICTION RESEARCH |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 5.397.453,40 |
| Intérêts sur obligations | 1e | 0,00 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 20,71 |
| Commissions perçues sur souscriptions et rachats | 4 | 0,00 |
| Récupérations de taxes |  | 11.154,36 |
| Total Revenus |  | 5.408.628,47 |
| Charges |  |  |
| Commission de gestion |  | 411.892,39 |
| Commission de banque dépositaire |  | 38.215,90 |
| Taxe d'abonnement | 7 | 26.560,32 |
| Frais d'administration |  | 118.435,55 |
| Frais et commissions divers |  | 12.231,87 |
| Frais de transactions |  | 126.187,10 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 15.771,20 |
| Redevance aux autorités étrangères |  | 2.557,34 |
| Total Charges |  | 751.851,67 |
| Revenus / Pertes Net(te)s |  | 4.656.776,80 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | 10.521.519,11 |
| - sur devises |  | 20.859,31 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | 15.199.155,22 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -61.499.930,32 |
| - sur devises |  | 0,00 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -46.300.775,10 |
| - Souscriptions |  | 274.661,35 |
| - Rachats |  | -20.948.182,73 |
| Dividendes payés |  | -323.405,77 |
| Variations de l'actif net |  | -67.297.702,25 |
| Actif net au début de la période |  | 337.510.429,06 |
| Actif net à la fin de la période |  | 270.212.726,81 |

|  |
| --- |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM |
|  |
|  | Notes | Valeur (en EUR) |

| Revenus |  |  |
| --- | --- | --- |
| Dividendes sur actions | 1e | 0,00 |
| Intérêts sur obligations | 1e | 6.616.674,19 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 0,02 |
| Commissions perçues sur souscriptions et rachats | 4 | 87.209,70 |
| Récupérations de taxes |  | 0,00 |
| Total Revenus |  | 6.703.883,91 |
| Charges |  |  |
| Commission de gestion |  | 617.176,35 |
| Commission de banque dépositaire |  | 55.289,09 |
| Taxe d'abonnement | 7 | 37.006,10 |
| Frais d'administration |  | 212.472,85 |
| Frais et commissions divers |  | 8.907,56 |
| Frais de transactions |  | 38.095,95 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 76.353,45 |
| Redevance aux autorités étrangères |  | 2.898,60 |
| Total Charges |  | 1.048.199,95 |
| Revenus / Pertes Net(te)s |  | 5.655.683,96 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -4.428.082,40 |
| - sur devises |  | 0,00 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | 1.227.601,56 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -33.712.555,32 |
| - sur devises |  | 0,00 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -32.484.953,76 |
| - Souscriptions |  | 107.747.254,48 |
| - Rachats |  | -77.720.592,51 |
| Dividendes payés |  | -670.020,66 |
| Variations de l'actif net |  | -3.128.312,45 |
| Actif net au début de la période |  | 417.918.503,31 |
| Actif net à la fin de la période |  | 414.790.190,86 |

|  |
| --- |
| DPAM L PATRIMONIAL FUND |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 290.398,88 |
| Intérêts sur obligations | 1e | 795.943,52 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 287,53 |
| Commissions perçues sur souscriptions et rachats | 4 | 0,00 |
| Récupérations de taxes |  | 0,00 |
| Total Revenus |  | 1.086.629,93 |
| Charges |  |  |
| Commission de gestion |  | 631.785,43 |
| Commission de banque dépositaire |  | 17.238,01 |
| Taxe d'abonnement | 7 | 67.788,93 |
| Frais d'administration |  | 72.947,31 |
| Frais et commissions divers |  | 11.757,15 |
| Frais de transactions |  | 25.131,46 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 28.533,85 |
| Redevance aux autorités étrangères |  | 2.557,34 |
| Total Charges |  | 857.739,48 |
| Revenus / Pertes Net(te)s |  | 228.890,45 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | 2.698.269,79 |
| - sur devises |  | -59.518,34 |
| - sur changes à terme |  | -870.973,22 |
| - sur futures |  | 632.391,97 |
| - sur SWAP |  | 0,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | 2.629.060,65 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -16.439.012,58 |
| - sur devises |  | 4.464,73 |
| - sur changes à terme |  | -173.635,77 |
| - sur futures |  | -97.886,56 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -14.077.009,53 |
| - Souscriptions |  | 3.962.295,04 |
| - Rachats |  | -18.034.380,47 |
| Dividendes payés |  | -370.237,99 |
| Variations de l'actif net |  | -28.519.332,95 |
| Actif net au début de la période |  | 149.816.180,43 |
| Actif net à la fin de la période |  | 121.296.847,48 |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 1.369.892,38 |
| Intérêts sur obligations | 1e | 89.422.276,72 |
| Intérêts payés sur SWAP |  | 2.258.044,58 |
| Intérêts créditeurs |  | 62.080,94 |
| Commissions perçues sur souscriptions et rachats | 4 | 0,00 |
| Récupérations de taxes |  | 751.098,78 |
| Total Revenus |  | 93.863.393,40 |
| Charges |  |  |
| Commission de gestion |  | 6.454.151,63 |
| Commission de banque dépositaire |  | 376.600,97 |
| Taxe d'abonnement | 7 | 275.172,16 |
| Frais d'administration |  | 1.295.525,53 |
| Frais et commissions divers |  | 137.049,75 |
| Frais de transactions |  | 603.699,18 |
| Intérêts et frais reçus sur SWAP |  | 3.794.450,96 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 137.082,84 |
| Redevance aux autorités étrangères |  | 2.898,61 |
| Total Charges |  | 13.076.631,63 |
| Revenus / Pertes Net(te)s |  | 80.786.761,77 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -40.142.627,52 |
| - sur devises |  | 2.407.058,32 |
| - sur changes à terme |  | -9.111.564,80 |
| - sur futures |  | 16.737.935,96 |
| - sur SWAP |  | -31.551,31 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | 50.646.012,42 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -147.063.345,50 |
| - sur devises |  | 1.364.656,85 |
| - sur changes à terme |  | -4.567.304,96 |
| - sur futures |  | -5.612.776,74 |
| - sur SWAP |  | -4.026.799,58 |
| Résultat net des opérations |  | -109.259.557,51 |
| - Souscriptions |  | 597.871.461,19 |
| - Rachats |  | -360.154.043,37 |
| Dividendes payés |  | -4.374.777,78 |
| Variations de l'actif net |  | 124.083.082,53 |
| Actif net au début de la période |  | 2.791.127.083,29 |
| Actif net à la fin de la période |  | 2.915.210.165,82 |

|  |
| --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 0,00 |
| Intérêts sur obligations | 1e | 7.896.254,75 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 0,00 |
| Commissions perçues sur souscriptions et rachats | 4 | 0,00 |
| Récupérations de taxes |  | 0,00 |
| Total Revenus |  | 7.896.254,75 |
| Charges |  |  |
| Commission de gestion |  | 948.218,38 |
| Commission de banque dépositaire |  | 54.339,32 |
| Taxe d'abonnement | 7 | 42.398,53 |
| Frais d'administration |  | 206.698,07 |
| Frais et commissions divers |  | 39.875,74 |
| Frais de transactions |  | 75.995,91 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 2.347.136,70 |
| Intérêts débiteurs |  | 57.431,08 |
| Redevance aux autorités étrangères |  | 2.898,60 |
| Total Charges |  | 3.774.992,33 |
| Revenus / Pertes Net(te)s |  | 4.121.262,42 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissemnts | 1b | -16.557.675,83 |
| - sur devises |  | 0,00 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 64.050,00 |
| - sur SWAP |  | 4.189.173,68 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | -8.183.189,73 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -60.065.754,74 |
| - sur devises |  | 0,00 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -68.248.944,47 |
| - Souscriptions |  | 52.844.234,97 |
| - Rachats |  | -106.977.393,32 |
| Dividendes payés |  | -2.695.950,81 |
| Variations de l'actif net |  | -125.078.053,63 |
| Actif net au début de la période |  | 479.838.120,84 |
| Actif net à la fin de la période |  | 354.760.067,21 |

|  |
| --- |
| DPAM L GLOBAL TARGET INCOME |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 0,00 |
| Intérêts sur obligations | 1e | 0,00 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 2.734,41 |
| Commissions perçues sur souscriptions et rachats | 4 | 0,00 |
| Récupérations de taxes |  | 0,00 |
| Total Revenus |  | 2.734,41 |
| Charges |  |  |
| Commission de gestion |  | 139.245,74 |
| Commission de banque dépositaire |  | 6.306,66 |
| Taxe d'abonnement | 7 | 4.393,88 |
| Frais d'administration |  | 35.258,68 |
| Frais et commissions divers |  | 9.939,30 |
| Frais de transactions |  | 3.619,27 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 13.037,91 |
| Redevance aux autorités étrangères |  | 2.557,33 |
| Total Charges |  | 214.358,77 |
| Revenus / Pertes Net(te)s |  | -211.624,36 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -730.727,74 |
| - sur devises |  | 25.465,96 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 169.354,75 |
| - sur SWAP |  | 0,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | -747.531,39 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -3.770.283,05 |
| - sur devises |  | -173.309,66 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | -384.477,97 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -5.075.602,07 |
| - Souscriptions |  | 322.363,52 |
| - Rachats |  | -4.694.376,43 |
| Dividendes payés |  | -216.712,68 |
| Variations de l'actif net |  | -9.664.327,66 |
| Actif net au début de la période |  | 55.406.944,73 |
| Actif net à la fin de la période |  | 45.742.617,07 |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 406.559,97 |
| Intérêts sur obligations | 1e | 247.140,99 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 0,00 |
| Commissions perçues sur souscriptions et rachats | 4 | 0,00 |
| Récupérations de taxes |  | 2.822,30 |
| Total Revenus |  | 656.523,26 |
| Charges |  |  |
| Commission de gestion |  | 343.885,08 |
| Commission de banque dépositaire |  | 8.468,36 |
| Taxe d'abonnement | 7 | 34.211,80 |
| Frais d'administration |  | 46.802,71 |
| Frais et commissions divers |  | 6.672,06 |
| Frais de transactions |  | 23.366,21 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 10.769,94 |
| Redevance aux autorités étrangères |  | 2.317,32 |
| Total Charges |  | 476.493,48 |
| Revenus / Pertes Net(te)s |  | 180.029,78 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | 505.775,21 |
| - sur devises |  | -4.562,80 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | 681.242,19 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -10.867.590,19 |
| - sur devises |  | 0,00 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -10.186.348,00 |
| - Souscriptions |  | 8.421.852,66 |
| - Rachats |  | -4.119.692,39 |
| Dividendes payés |  | -96.605,37 |
| Variations de l'actif net |  | -5.980.793,10 |
| Actif net au début de la période |  | 68.846.807,07 |
| Actif net à la fin de la période |  | 62.866.013,97 |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 128,09 |
| Intérêts sur obligations | 1e | 4.640.530,78 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 1.176,27 |
| Commissions perçues sur souscriptions et rachats | 4 | 0,00 |
| Récupérations de taxes |  | 0,00 |
| Total Revenus |  | 4.641.835,14 |
| Charges |  |  |
| Commission de gestion |  | 477.133,41 |
| Commission de banque dépositaire |  | 56.359,50 |
| Taxe d'abonnement | 7 | 28.262,87 |
| Frais d'administration |  | 187.641,39 |
| Frais et commissions divers |  | 10.140,31 |
| Frais de transactions |  | 28.181,29 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 14.199,81 |
| Redevance aux autorités étrangères |  | 2.557,32 |
| Total Charges |  | 804.475,90 |
| Revenus / Pertes Net(te)s |  | 3.837.359,24 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -3.157.008,76 |
| - sur devises |  | 211.470,49 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 75.991,75 |
| - sur SWAP |  | 0,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | 967.812,72 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -82.163.490,36 |
| - sur devises |  | 176.155,99 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 300.871,48 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -80.718.650,17 |
| - Souscriptions |  | 23.297.677,49 |
| - Rachats |  | -28.021.727,00 |
| Dividendes payés |  | -24.747,84 |
| Variations de l'actif net |  | -85.467.447,52 |
| Actif net au début de la période |  | 479.602.310,01 |
| Actif net à la fin de la période |  | 394.134.862,49 |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 0,00 |
| Intérêts sur obligations | 1e | 520.553,88 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 545,40 |
| Commissions perçues sur souscriptions et rachats | 4 | 0,00 |
| Récupérations de taxes |  | 0,00 |
| Total Revenus |  | 521.099,28 |
| Charges |  |  |
| Commission de gestion |  | 57.884,99 |
| Commission de banque dépositaire |  | 11.333,11 |
| Taxe d'abonnement | 7 | 4.547,13 |
| Frais d'administration |  | 45.640,78 |
| Frais et commissions divers |  | 4.792,86 |
| Frais de transactions |  | 15.033,50 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 4.242,75 |
| Redevance aux autorités étrangères |  | 2.524,77 |
| Total Charges |  | 145.999,89 |
| Revenus / Pertes Net(te)s |  | 375.099,39 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -2.538.418,58 |
| - sur devises |  | 26.504,49 |
| - sur changes à terme |  | -180.708,84 |
| - sur futures |  | 2.880,00 |
| - sur SWAP |  | 0,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | -2.314.643,54 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -7.081.150,80 |
| - sur devises |  | -3.489,65 |
| - sur changes à terme |  | 136.497,97 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -9.262.786,02 |
| - Souscriptions |  | 6.265.868,83 |
| - Rachats |  | -592.807,25 |
| Dividendes payés |  | 0,00 |
| Variations de l'actif net |  | -3.589.724,44 |
| Actif net au début de la période |  | 90.950.101,35 |
| Actif net à la fin de la période |  | 87.360.376,91 |

|  |
| --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 15.479,74 |
| Intérêts sur obligations | 1e | 58.254,79 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 557,09 |
| Commissions perçues sur souscriptions et rachats | 4 | 0,00 |
| Récupérations de taxes |  | 0,00 |
| Total Revenus |  | 74.291,62 |
| Charges |  |  |
| Commission de gestion |  | 66.947,12 |
| Commission de banque dépositaire |  | 2.858,40 |
| Taxe d'abonnement | 7 | 6.339,23 |
| Frais d'administration |  | 18.389,84 |
| Frais et commissions divers |  | 3.224,60 |
| Frais de transactions |  | 22.986,45 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 2.005,15 |
| Redevance aux autorités étrangères |  | 3.040,63 |
| Total Charges |  | 125.791,42 |
| Revenus / Pertes Net(te)s |  | -51.499,80 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -2.251.937,22 |
| - sur devises |  | 16.475,84 |
| - sur changes à terme |  | -1.041.764,20 |
| - sur futures |  | 14.085,02 |
| - sur SWAP |  | 0,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | -3.314.640,36 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -1.309.248,56 |
| - sur devises |  | 7.566,58 |
| - sur changes à terme |  | -165.120,20 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -4.781.442,54 |
| - Souscriptions |  | 0,00 |
| - Rachats |  | -6.268.135,00 |
| Dividendes payés |  | 0,00 |
| Variations de l'actif net |  | -11.049.577,54 |
| Actif net au début de la période |  | 26.633.847,24 |
| Actif net à la fin de la période |  | 15.584.269,70 |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 4.359.165,14 |
| Intérêts sur obligations | 1e | 0,00 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 2.642,68 |
| Commissions perçues sur souscriptions et rachats | 4 | 304.463,16 |
| Récupérations de taxes |  | 95,32 |
| Total Revenus |  | 4.666.366,30 |
| Charges |  |  |
| Commission de gestion |  | 354.016,85 |
| Commission de banque dépositaire |  | 45.907,48 |
| Taxe d'abonnement | 7 | 27.445,70 |
| Frais d'administration |  | 354.188,62 |
| Frais et commissions divers |  | 15.536,10 |
| Frais de transactions |  | 373.576,49 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 4.664,92 |
| Redevance aux autorités étrangères |  | 2.969,33 |
| Total Charges |  | 1.178.305,49 |
| Revenus / Pertes Net(te)s |  | 3.488.060,81 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -5.192.559,23 |
| - sur devises |  | 70.199,59 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | -1.682.203,47 |
| - sur SWAP |  | 0,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | -3.316.502,30 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -47.846.642,96 |
| - sur devises |  | 66.223,04 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | -53.023,74 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -51.149.945,96 |
| - Souscriptions |  | 118.678.233,10 |
| - Rachats |  | -3.181.467,85 |
| Dividendes payés |  | 0,00 |
| Variations de l'actif net |  | 64.346.819,29 |
| Actif net au début de la période |  | 320.398.198,72 |
| Actif net à la fin de la période |  | 384.745.018,01 |

|  |
| --- |
| DPAM L BONDS EUR SHORT TERM |
|  |
|  | Notes | Valeur (en EUR) |
|  |
| Revenus |  |  |
| Dividendes sur actions | 1e | 0,00 |
| Intérêts sur obligations | 1e | 95.243,80 |
| Intérêts payés sur SWAP |  | 0,00 |
| Intérêts créditeurs |  | 0,00 |
| Commissions perçues sur souscriptions et rachats | 4 | 0,00 |
| Récupérations de taxes |  | 0,00 |
| Total Revenus |  | 95.243,80 |
| Charges |  |  |
| Commission de gestion |  | 22.539,32 |
| Commission de banque dépositaire |  | 1.408,72 |
| Taxe d'abonnement | 7 | 3.659,31 |
| Frais d'administration |  | 9.494,78 |
| Frais et commissions divers |  | 4.290,27 |
| Frais de transactions |  | 5.809,27 |
| Intérêts et frais reçus sur SWAP |  | 0,00 |
| Dividendes versés sur CDS |  | 0,00 |
| Intérêts débiteurs |  | 1.649,89 |
| Redevance aux autorités étrangères |  | 890,26 |
| Total Charges |  | 49.741,82 |
| Revenus / Pertes Net(te)s |  | 45.501,98 |
| Plus ou moins-value nette réalisée |  |  |
| - sur investissements | 1b | -238.744,00 |
| - sur devises |  | 0,00 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Bénéfice / (Perte) Net(te) réalisé(e) |  | -193.242,02 |
| Variation de la plus ou moins-value nette non réalisée |  |  |
| - sur investissements | 1d | -501.826,00 |
| - sur devises |  | 0,00 |
| - sur changes à terme |  | 0,00 |
| - sur futures |  | 0,00 |
| - sur SWAP |  | 0,00 |
| Résultat net des opérations |  | -695.068,02 |
| - Souscriptions |  | 37.795.485,38 |
| - Rachats |  | -7.745.819,98 |
| Dividendes payés |  | 0,00 |
| Variations de l'actif net |  | 29.354.597,38 |
| Actif net au début de la période |  | 0,00 |
| Actif net à la fin de la période |  | 29.354.597,38 |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Obligations |  |  |  |  |  |
| A2A SpA 0,625 21-150731 | 4.000.000 | EUR | 3.981.880,00 | 2.980.620,00 | 0,25% |
| ABANCA CORP. FRN 21-080927 | 6.000.000 | EUR | 5.993.820,00 | 5.132.430,00 | 0,44% |
| ABBOTT IRELAND FINANCE 0,375 19-191127 | 2.500.000 | EUR | 2.481.400,00 | 2.248.487,50 | 0,19% |
| ABBOTT IRELAND FINANCE 0,875 18-270923 | 1.500.000 | EUR | 1.498.680,00 | 1.492.440,00 | 0,13% |
| ABBOTT IRELAND FINANCE 1,50 18-270926 | 4.000.000 | EUR | 3.997.910,00 | 3.898.640,00 | 0,33% |
| ABERTIS INFRAESTRUCT 3,00 19-270331 | 9.000.000 | EUR | 9.930.012,00 | 8.208.045,00 | 0,70% |
| AB INBEV 2,875 20-020432 | 8.000.000 | EUR | 9.006.969,99 | 7.800.240,00 | 0,67% |
| AB INBEV S.A.3,70 20-020440 | 2.000.000 | EUR | 2.821.400,00 | 1.924.990,00 | 0,16% |
| ACCIONA ENERGIA FINANCE 1,375 22-260132 | 1.500.000 | EUR | 1.498.335,00 | 1.229.122,50 | 0,11% |
| AHOLD DELHAIZE N.V. 1,125 18-190326 | 4.000.000 | EUR | 4.086.140,00 | 3.789.000,00 | 0,32% |
| AIR LIQUIDE FINANCE 0,625 19-200630 | 2.200.000 | EUR | 2.177.736,00 | 1.864.841,00 | 0,16% |
| AIR LIQUIDE FINANCE 1,875 14-050624 | 2.000.000 | EUR | 2.042.072,68 | 2.007.680,00 | 0,17% |
| AIR PRODUCTS & CHEMICALS INC. 0,50 20-050528 | 1.300.000 | EUR | 1.295.125,00 | 1.138.761,00 | 0,10% |
| AKELIUS RESIDENTIAL 0,75 21-220230 | 2.000.000 | EUR | 1.979.660,00 | 1.524.210,00 | 0,13% |
| AKELIUS RESIDENTIAL 1,125 20-110129 | 1.000.000 | EUR | 998.610,00 | 819.640,00 | 0,07% |
| AKZO NOBEL N.V. 1,50 22-280328 | 2.000.000 | EUR | 1.995.560,00 | 1.833.540,00 | 0,16% |
| ALLIANDER N.V. FRN 18-PERPETUAL | 2.400.000 | EUR | 2.379.456,00 | 2.133.216,00 | 0,18% |
| ALLIANZ FRN 22-2052 | 4.500.000 | EUR | 4.500.315,00 | 4.324.972,50 | 0,37% |
| ALLIANZ SE 3,099 17-060747 | 2.000.000 | EUR | 2.048.485,45 | 1.937.270,00 | 0,17% |
| ALLIANZ SE FRN 12-171042 | 1.000.000 | EUR | 1.200.800,00 | 1.012.870,00 | 0,09% |
| ALLIANZ SE FRN 15-070745 | 3.000.000 | EUR | 3.035.130,00 | 2.902.695,00 | 0,25% |
| ALSTOM 0,50 21-270730 | 3.900.000 | EUR | 3.870.672,00 | 3.080.200,50 | 0,26% |
| ALSTOM S.A. 0,00 21-110129 | 5.000.000 | EUR | 4.880.000,00 | 3.999.825,00 | 0,34% |
| AMERICA FRN 22-33 | 4.000.000 | EUR | 4.000.000,00 | 3.721.100,00 | 0,32% |
| AMERICA MOBIL SAB DE CV 1,50 16-100324 | 2.000.000 | EUR | 2.063.400,00 | 1.985.320,00 | 0,17% |
| AMERICA MOVIL S.A.B. DE CV FRN 13-060973 | 10.000.000 | EUR | 11.272.167,03 | 10.165.300,00 | 0,87% |
| AMERICAN MEDICAL 1,375 22-080328 | 2.000.000 | EUR | 1.996.000,00 | 1.832.090,00 | 0,16% |
| AMERICAN MEDICAL 1,875 22-080334 | 2.000.000 | EUR | 1.975.040,00 | 1.671.890,00 | 0,14% |
| ANHEUSER BUSCH INBEV 1,15 18-220127 | 2.000.000 | EUR | 1.994.266,00 | 1.887.180,00 | 0,16% |
| ANHEUSER BUSCH INBEV 1,65 19-280331 | 3.000.000 | EUR | 2.984.490,00 | 2.683.875,00 | 0,23% |
| ANHEUSER BUSCH INBEV 2,75 16-170336 | 2.000.000 | EUR | 2.199.740,33 | 1.786.920,00 | 0,15% |
| ANZ BANKING GROUP FRN 19-211129 | 3.000.000 | EUR | 3.003.726,00 | 2.818.770,00 | 0,24% |
| ARGAN 1,011 21-171126 | 3.000.000 | EUR | 3.000.000,00 | 2.452.575,00 | 0,21% |
| ARGENTA BANQUE FRN 22-080229 | 3.000.000 | EUR | 2.996.400,00 | 2.563.320,00 | 0,22% |
| ARGENTA SPAARBANK 1,00 20-290127 | 2.000.000 | EUR | 1.990.600,00 | 1.774.430,00 | 0,15% |
| ARGENTA SPAARBANK 1,0 20-131026 | 2.500.000 | EUR | 2.485.850,00 | 2.261.775,00 | 0,19% |
| ARGENTUM NETHERLAND 2,00 18-170930 | 1.200.000 | EUR | 1.198.860,00 | 1.082.628,00 | 0,09% |
| ARKEMA 1,50 15-200125 | 1.500.000 | EUR | 1.541.985,00 | 1.470.577,50 | 0,13% |
| ARKEMA 1,50 17-200427 | 4.000.000 | EUR | 3.940.000,00 | 3.773.960,00 | 0,32% |
| AROUNDTOWN PROPERTY FRN 19-PERPETUAL | 7.000.000 | EUR | 7.177.416,54 | 4.868.080,00 | 0,42% |
| AROUNDTOWN S.A. FRN 21-PERPETUAL | 5.000.000 | EUR | 4.850.784,06 | 3.101.125,00 | 0,27% |
| ASML 2,25 22-32 | 4.000.000 | EUR | 3.978.800,00 | 3.825.560,00 | 0,33% |
| ASML HLDG N.V. 0,25 20-250230 | 2.000.000 | EUR | 1.980.580,00 | 1.671.790,00 | 0,14% |
| ASML HLDG N.V. 0,625 20-070529 | 1.000.000 | EUR | 998.950,00 | 879.050,00 | 0,08% |
| ASSICURAZIONI GENERALI FRN 16-080648 | 9.000.000 | EUR | 10.703.508,00 | 8.858.340,00 | 0,76% |
| ASTM SpA 2,375 21-251133 | 6.000.000 | EUR | 5.982.060,00 | 4.428.150,00 | 0,38% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| AT&T INC. 3,15 17-040936 | 6.000.000 | EUR | 7.024.863,00 | 5.547.600,00 | 0,47% |
| AXA FRN 18-280549 | 3.000.000 | EUR | 3.222.204,34 | 2.777.010,00 | 0,24% |
| AXA FRN 22-100742 | 3.500.000 | EUR | 3.474.485,00 | 2.723.927,50 | 0,23% |
| AXA LOGISTICS EUR 0,375 21-151126 | 4.000.000 | EUR | 3.977.920,00 | 3.490.200,00 | 0,30% |
| BANCO SANTANDER S.A. 1,125 18-170125 | 1.900.000 | EUR | 1.895.934,00 | 1.830.982,50 | 0,16% |
| BANKINTER S.A. FRN 21-231232 | 4.000.000 | EUR | 3.991.880,00 | 3.266.820,00 | 0,28% |
| BANK OF AMERICA FRN 19-080829 | 3.000.000 | EUR | 3.000.000,00 | 2.553.495,00 | 0,22% |
| BANQUE FED CREDIT MUT 0,625 21-031128 | 2.700.000 | EUR | 2.688.525,00 | 2.263.275,00 | 0,19% |
| BARCLAYS BANK PLC FRN 21-220331 | 5.000.000 | EUR | 4.993.270,00 | 4.358.350,00 | 0,37% |
| BARCLAYS BANK UK FRN 21-120532 | 2.000.000 | EUR | 2.000.000,00 | 1.546.440,00 | 0,13% |
| BARCLAYS FRN 22-27 | 3.000.000 | EUR | 3.000.000,00 | 2.923.410,00 | 0,25% |
| BARCLAYS FRN 22-280128 | 3.000.000 | EUR | 3.000.000,00 | 2.629.830,00 | 0,22% |
| BARCLAYS PLC FRN 19-090625 | 1.800.000 | EUR | 1.792.962,00 | 1.727.010,00 | 0,15% |
| BARCLAYS PLC FRN 21-090829 | 5.000.000 | EUR | 5.003.980,00 | 4.086.500,00 | 0,35% |
| BAXTER INTERNATIONAL 1,30 19-150529 | 6.000.000 | EUR | 6.425.470,01 | 5.355.510,00 | 0,46% |
| BC BILBAO 1,75 22-25 | 2.000.000 | EUR | 1.994.020,00 | 1.945.100,00 | 0,17% |
| BECTON DICKINSON 0,034 21-130825 | 2.600.000 | EUR | 2.600.000,00 | 2.411.760,00 | 0,21% |
| BECTON DICKINSON 0,334 21-130828 | 3.000.000 | EUR | 3.000.000,00 | 2.521.185,00 | 0,22% |
| BECTON DICKINSON 1,90 16-151226 | 4.000.000 | EUR | 4.165.762,63 | 3.837.740,00 | 0,33% |
| BFCM 1,875 16-041126 | 3.000.000 | EUR | 2.963.443,50 | 2.770.770,00 | 0,24% |
| BFCM 1,875 19-180629 | 2.000.000 | EUR | 1.993.680,00 | 1.695.730,00 | 0,15% |
| BFCM FRN 22-32 | 3.000.000 | EUR | 2.998.920,00 | 2.911.230,00 | 0,25% |
| BLACKSTON 3,50 22-34 | 3.000.000 | EUR | 2.955.750,00 | 2.817.705,00 | 0,24% |
| BLACKSTONE PROPERTY 1,00 21-040528 | 3.500.000 | EUR | 3.497.655,00 | 2.782.552,50 | 0,24% |
| BMW FINANCE N.V. 0,375 20-140127 | 5.000.000 | EUR | 5.046.420,00 | 4.604.025,00 | 0,39% |
| BMW FINANCE N.V. 1,50 19-060229 | 6.000.000 | EUR | 6.290.196,90 | 5.601.840,00 | 0,48% |
| BNP PARIBAS S.A. 2,10 22-070432 | 3.000.000 | EUR | 2.995.170,00 | 2.577.090,00 | 0,22% |
| BNP PARIBAS S.A. FRN 14-141027 | 3.500.000 | EUR | 3.561.930,00 | 3.504.672,50 | 0,30% |
| BNP PARIBAS S.A. FRN 18-201130 | 2.000.000 | EUR | 2.061.252,00 | 1.877.070,00 | 0,16% |
| BNP PARIBAS S.A. FRN 19-230127 | 3.000.000 | EUR | 3.062.780,00 | 2.887.830,00 | 0,25% |
| BNP PARIBAS S.A. FRN 20-190228 | 3.000.000 | EUR | 2.990.550,00 | 2.624.010,00 | 0,22% |
| BNP PARIBAS S.A. FRN 21-190130 | 2.000.000 | EUR | 1.993.440,00 | 1.637.140,00 | 0,14% |
| BNP PARIBAS S.A. FRN 21-310833 | 3.000.000 | EUR | 2.996.550,00 | 2.371.890,00 | 0,20% |
| BNP PARIBAS S.A. FRN 22-310332 | 2.500.000 | EUR | 2.498.250,00 | 2.279.325,00 | 0,19% |
| BOOKING HOLD 0,10 21-080325 | 4.500.000 | EUR | 4.498.920,00 | 4.249.732,50 | 0,36% |
| BPCE S.A. 1,00 19-010425 | 1.600.000 | EUR | 1.597.216,00 | 1.528.960,00 | 0,13% |
| BPCE S.A. FRN 15-301127 | 2.000.000 | EUR | 2.076.480,00 | 2.006.000,00 | 0,17% |
| BPCE S.A. FRN 20-150927 | 2.000.000 | EUR | 1.984.280,00 | 1.780.990,00 | 0,15% |
| BPCE S.A FRN 21-130142 | 3.000.000 | EUR | 2.990.310,00 | 2.579.925,00 | 0,22% |
| CAIXABANK FRN 21-090229 | 1.600.000 | EUR | 1.592.224,00 | 1.326.576,00 | 0,11% |
| CAIXABANK FRN 22-130426 | 2.000.000 | EUR | 1.997.740,00 | 1.908.400,00 | 0,16% |
| CAIXABANK S.A.. FRN 21-180631 | 3.100.000 | EUR | 3.086.763,00 | 2.698.178,00 | 0,23% |
| CAIXABANK S.A. 0,375 20-030225 | 2.000.000 | EUR | 1.994.120,00 | 1.895.030,00 | 0,16% |
| CAIXABANK S.A. 1,375 19-190626 | 1.000.000 | EUR | 994.120,00 | 921.835,00 | 0,08% |
| CAIXABANK S.A. FRN 20-100726 | 2.000.000 | EUR | 1.991.700,00 | 1.877.360,00 | 0,16% |
| CAIXA GERAL DEPOSITOS FRN 21-210927 | 4.500.000 | EUR | 4.493.340,00 | 3.941.167,50 | 0,34% |
| CAPGEMINI SE 1,00 18-181024 | 2.000.000 | EUR | 2.006.693,33 | 1.951.640,00 | 0,17% |
| CAPGEMINI SE 2,00 20-150429 | 5.000.000 | EUR | 5.022.368,00 | 4.703.225,00 | 0,40% |
| CBRE CI OPEN-END 0,50 21-270128 | 3.000.000 | EUR | 2.981.730,00 | 2.485.815,00 | 0,21% |
| CESKA SPORITELNA FRN 21-130928 | 2.500.000 | EUR | 2.496.900,00 | 2.081.737,50 | 0,18% |
| CITIGROUP INC. 1,625 18-210328 | 2.000.000 | EUR | 2.004.000,00 | 1.839.560,00 | 0,16% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| CITIGROUP INC. FRN 18-240726 | 5.000.000 | EUR | 4.987.470,00 | 4.797.625,00 | 0,41% |
| CITIGROUP INC. FRN 20-060726 | 4.000.000 | EUR | 4.037.300,00 | 3.813.940,00 | 0,33% |
| CITYCON TREASURY 2,50 14-011024 | 7.000.000 | EUR | 7.358.350,00 | 6.674.605,00 | 0,57% |
| CK HITCHINSON 1,00 21-021133 | 8.000.000 | EUR | 7.917.680,00 | 5.948.240,00 | 0,51% |
| CLOVERIE PLC ZURICH 1,50 18-151228 | 3.500.000 | EUR | 3.581.530,00 | 3.254.002,50 | 0,28% |
| CLOVERIE PLC ZURICH 1,75 14-160924 | 3.000.000 | EUR | 2.983.370,00 | 2.988.450,00 | 0,26% |
| CNP ASSURANCES FRN 21-121053 | 3.600.000 | EUR | 3.561.876,00 | 2.675.358,00 | 0,23% |
| COLOPLAST 2,25 22-27 | 3.500.000 | EUR | 3.481.555,00 | 3.414.250,00 | 0,29% |
| COMCAST CORP. 0,00 21-140926 | 2.000.000 | EUR | 1.993.720,00 | 1.810.900,00 | 0,15% |
| COMMERZBK FRN 22-27 | 2.800.000 | EUR | 2.785.188,00 | 2.739.926,00 | 0,23% |
| COOP RABOBANK 0,875 20-050528 | 2.500.000 | EUR | 2.497.800,00 | 2.251.987,50 | 0,19% |
| COOP RABOBANK 1,25 16-230326 | 3.000.000 | EUR | 3.082.496,00 | 2.915.475,00 | 0,25% |
| CPI PROPERTY 1,50 21-270131 | 5.000.000 | EUR | 4.981.269,00 | 3.330.675,00 | 0,28% |
| CPI PROPERTY 1,625 19-230427 | 3.000.000 | EUR | 2.983.922,40 | 2.404.095,00 | 0,21% |
| CPI PROPERTY 2,75 20-120526 | 2.867.000 | EUR | 3.046.546,58 | 2.556.030,84 | 0,22% |
| CREDIT AGRIC ASSUR 1,50 21-061031 | 4.500.000 | EUR | 4.448.880,00 | 3.414.712,50 | 0,29% |
| CREDIT AGRICOLE 1,00 17-160924 | 3.000.000 | EUR | 2.980.647,00 | 2.953.485,00 | 0,25% |
| CREDIT AGRICOLE 1,75 19-050329 | 3.000.000 | EUR | 3.034.650,00 | 2.682.195,00 | 0,23% |
| CREDIT AGRICOLE S.A. 1,00 22-180925 | 1.700.000 | EUR | 1.697.875,00 | 1.636.199,00 | 0,14% |
| CREDIT AGRICOLE S.A. 1,625 20-050630 | 2.600.000 | EUR | 2.599.870,00 | 2.429.739,00 | 0,21% |
| CREDIT AGRICOLE S.A. 2,625 15-170327 | 1.500.000 | EUR | 1.617.916,66 | 1.427.850,00 | 0,12% |
| CREDIT AGRICOLE S.A. FRN 21-210929 | 3.500.000 | EUR | 3.493.770,00 | 2.909.340,00 | 0,25% |
| CRED MUT 2,625 22-29 | 4.000.000 | EUR | 3.999.240,00 | 3.758.100,00 | 0,32% |
| CRH FINANCE DAC 1,375 16-181028 | 1.500.000 | EUR | 1.490.124,23 | 1.375.837,50 | 0,12% |
| CTP N.V. 0,50 21-210625 | 2.500.000 | EUR | 2.491.425,00 | 2.135.650,00 | 0,18% |
| CTP N.V. 1,50 21-270931 | 3.300.000 | EUR | 3.279.969,00 | 2.005.476,00 | 0,17% |
| DAIMLER A.G. 0,625 19-060527 | 6.000.000 | EUR | 5.922.964,00 | 5.478.690,00 | 0,47% |
| DAIMLER INTERNATIONAL 1,00 18-111125 | 3.500.000 | EUR | 3.511.030,00 | 3.358.530,00 | 0,29% |
| DAIMLER INTERNATIONAL 2,625 20-070425 | 8.000.000 | EUR | 8.231.019,50 | 8.105.120,00 | 0,69% |
| DAIMLER TRUCK 1,25 22-060425 | 2.000.000 | EUR | 1.995.320,00 | 1.933.450,00 | 0,17% |
| DANAHER CORP. 2,10 20-300926 | 2.500.000 | EUR | 2.492.925,00 | 2.463.800,00 | 0,21% |
| DH EUROPE FINANCE 1,20 17-300627 | 4.000.000 | EUR | 4.148.456,20 | 3.735.380,00 | 0,32% |
| DONGFENG MOTOR 0,425 21-191024 | 5.000.000 | EUR | 5.000.000,00 | 4.748.900,00 | 0,41% |
| DXC CAPITAL 0,95 21-150931 | 5.000.000 | EUR | 4.985.750,00 | 3.767.375,00 | 0,32% |
| EDF 4,625 10-260430 | 5.500.000 | EUR | 6.976.813,85 | 6.019.585,00 | 0,51% |
| EDF S.A. 2,00 19-091249 | 4.000.000 | EUR | 4.379.700,00 | 2.528.060,00 | 0,22% |
| EDP FINANCE B.V. 1,875 18-131025 | 3.000.000 | EUR | 2.983.650,00 | 2.960.925,00 | 0,25% |
| ENEL 5,625 07-210627 | 2.500.000 | EUR | 3.217.653,00 | 2.801.475,00 | 0,24% |
| ENEL FINANCE INTERNATIONAL 0,25 22-171125 | 3.000.000 | EUR | 2.994.870,00 | 2.782.830,00 | 0,24% |
| ENEL FINANCE INTERNATIONAL 0,875 21-280934 | 3.000.000 | EUR | 2.985.360,00 | 2.095.440,00 | 0,18% |
| ENEL FINANCE INTERNATIONAL 1,00 17-160924 | 1.600.000 | EUR | 1.584.016,00 | 1.567.176,00 | 0,13% |
| ENEL SpA FRN 18-24112100 | 10.000.000 | EUR | 10.585.319,99 | 8.796.400,00 | 0,75% |
| ENEL SpA FRN 19-240580 | 3.500.000 | EUR | 3.786.611,00 | 3.271.135,00 | 0,28% |
| ENEL SpA FRN 20-PERPETUAL | 3.000.000 | EUR | 3.083.668,00 | 2.478.285,00 | 0,21% |
| ENEXIS HLDG N.V. 0,625 20-170632 | 3.000.000 | EUR | 2.993.790,00 | 2.422.605,00 | 0,21% |
| EQT AB 2,875 22-060432 | 4.500.000 | EUR | 4.473.450,00 | 3.816.652,50 | 0,33% |
| ERSTE GROUP BANK FRN 20-080931 | 6.000.000 | EUR | 6.144.050,00 | 5.374.170,00 | 0,46% |
| ERSTE GROUP BANK FRN 21-151132 | 2.000.000 | EUR | 1.985.160,00 | 1.646.610,00 | 0,14% |
| ERSTE GRP FRN 22-33 | 1.500.000 | EUR | 1.495.140,00 | 1.432.222,50 | 0,12% |
| ESSITY AB 0,25 21-080231 | 2.500.000 | EUR | 2.490.400,00 | 1.944.312,50 | 0,17% |
| EUROCLEAR INVESTMENT 1,125 16-071226 | 3.000.000 | EUR | 3.009.351,00 | 2.854.020,00 | 0,24% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| EUROFINS 4,00 22-29 | 4.000.000 | EUR | 3.941.760,00 | 4.001.040,00 | 0,34% |
| EVONIK 2,25 22-27 | 3.000.000 | EUR | 2.981.580,00 | 2.861.760,00 | 0,24% |
| FCA BANK SpA 0,00 21-160424 | 3.000.000 | EUR | 2.997.930,00 | 2.896.635,00 | 0,25% |
| FIDELIDADE COMPANHIA FRN 21-040931 | 6.000.000 | EUR | 6.417.250,00 | 5.533.530,00 | 0,47% |
| FIDELITY NATIONAL 0,625 19-031225 | 1.500.000 | EUR | 1.498.590,00 | 1.398.652,50 | 0,12% |
| FIDELITY NATIONAL INFORMATION SERVICES 1,50 19-210527 | 7.000.000 | EUR | 7.173.580,00 | 6.489.175,00 | 0,55% |
| FINECOBANK FRN 21-211027 | 3.500.000 | EUR | 3.489.850,00 | 3.054.975,00 | 0,26% |
| FNM SpA 0,75 21-201026 | 3.000.000 | EUR | 2.994.720,00 | 2.605.170,00 | 0,22% |
| FRESENIU 1,875 22-25 | 3.000.000 | EUR | 2.998.440,00 | 2.922.555,00 | 0,25% |
| GENERAL MOTORS FINANCE 0,60 21-200527 | 2.000.000 | EUR | 1.996.600,00 | 1.680.450,00 | 0,14% |
| GENERAL MOTORS FINANCE 0,65 21-070928 | 2.500.000 | EUR | 2.494.550,00 | 1.961.412,50 | 0,17% |
| GIVAUDAN NEDERLAND 1,625 20-220432 | 3.000.000 | EUR | 3.030.230,00 | 2.589.225,00 | 0,22% |
| GOLDMAN SACHS 0,125 19-190824 | 3.000.000 | EUR | 2.984.670,00 | 2.862.120,00 | 0,24% |
| GOLDMAN SACHS 0,75 21-230332 | 3.000.000 | EUR | 2.965.260,00 | 2.255.595,00 | 0,19% |
| GOLDMAN SACHS 0,875 20-210130 | 2.500.000 | EUR | 2.514.340,00 | 2.047.987,50 | 0,18% |
| GOLDMAN SACHS 1,375 17-150524 | 2.000.000 | EUR | 2.004.400,00 | 1.987.440,00 | 0,17% |
| GOLDMAN SACHS GROUP 0,25 21-260128 | 3.000.000 | EUR | 2.982.600,00 | 2.520.960,00 | 0,22% |
| GOLDMAN SACHS GROUP 2,875 14-030626 | 4.000.000 | EUR | 4.478.417,67 | 3.971.000,00 | 0,34% |
| GRAND CITY PROPERTIES FRN 20-PERPETUAL | 2.000.000 | EUR | 1.980.463,64 | 1.391.520,00 | 0,12% |
| GRAND CITY PROPERTIES S.A. 1,375 17-030826 | 2.000.000 | EUR | 1.936.400,00 | 1.776.200,00 | 0,15% |
| GROUPE BE LAMBERT 0,125 21-280131 | 3.000.000 | EUR | 2.968.320,00 | 2.346.270,00 | 0,20% |
| H&M FINANCE B.V. 0,25 21-250829 | 4.000.000 | EUR | 3.950.960,00 | 3.167.840,00 | 0,27% |
| HEIDELBERGCEMENT A.G. 1,625 17-070426 | 3.000.000 | EUR | 2.986.440,00 | 2.809.065,00 | 0,24% |
| HEIDELBERGCEMENT A.G. 2,50 20-091024 | 2.000.000 | EUR | 1.992.100,00 | 1.994.320,00 | 0,17% |
| HEIMSTADEN BOSTAD 1,125 20-210126 | 6.000.000 | EUR | 5.874.160,00 | 5.230.320,00 | 0,45% |
| HEIMSTADEN BOSTAD T 0,25 21-131024 | 2.000.000 | EUR | 1.999.760,00 | 1.824.330,00 | 0,16% |
| HERA SpA 0,25 20-031230 | 3.000.000 | EUR | 2.971.140,00 | 2.243.970,00 | 0,19% |
| HERA SpA 0,875 19-050727 | 1.500.000 | EUR | 1.476.105,00 | 1.363.635,00 | 0,12% |
| HERA SPA 2,50 22-29 | 3.000.000 | EUR | 2.973.660,00 | 2.807.820,00 | 0,24% |
| HOCHTIEF A.G. 0,625 21-260429 | 4.000.000 | EUR | 3.955.160,00 | 2.692.100,00 | 0,23% |
| HOWOGE WOHNUNGS 0,625 21-011128 | 3.500.000 | EUR | 3.494.015,00 | 2.959.495,00 | 0,25% |
| HSBC HDL FRN 22-27 | 3.000.000 | EUR | 3.000.000,00 | 2.968.695,00 | 0,25% |
| HSBC HLDG PLC FRN 20-131126 | 2.000.000 | EUR | 2.000.000,00 | 1.815.690,00 | 0,16% |
| IBERDROLA FINANZAS 0,875 20-160625 | 2.000.000 | EUR | 1.995.680,00 | 1.944.360,00 | 0,17% |
| IBERDROLA FINANZAS 1,00 17-070325 | 3.000.000 | EUR | 2.980.800,00 | 2.938.005,00 | 0,25% |
| IBERDROLA FINANZAS FRN 21-PERPETUAL | 2.200.000 | EUR | 2.200.000,00 | 1.732.489,00 | 0,15% |
| IBERDROLA INTERNATIONAL B.V. FRN 17-PERPETUAL | 3.000.000 | EUR | 2.917.650,00 | 2.945.760,00 | 0,25% |
| IBERDROLA INTERNATIONAL B.V. FRN 18-PERPETUAL | 2.000.000 | EUR | 2.037.120,00 | 1.934.790,00 | 0,17% |
| IBERDROLA INTERNATIONAL B.V. FRN 19-PERPETUAL | 1.500.000 | EUR | 1.518.875,00 | 1.434.922,50 | 0,12% |
| IBERDROLA INTERNATIONAL B.V. FRN 20-PERPETUAL | 3.000.000 | EUR | 3.000.000,00 | 2.338.695,00 | 0,20% |
| ILLINOIS TOOL WORKS 0,625 19-051227 | 3.000.000 | EUR | 2.980.290,00 | 2.682.300,00 | 0,23% |
| ILLINOIS TOOL WORKS 2,125 15-220530 | 3.000.000 | EUR | 2.979.090,00 | 2.836.440,00 | 0,24% |
| INFINEON TECHNO 0,625 22-170225 | 3.200.000 | EUR | 3.190.240,00 | 3.078.944,00 | 0,26% |
| ING FRN 22-26 | 3.000.000 | EUR | 2.997.840,00 | 2.925.675,00 | 0,25% |
| ING GROEP N.V. FRN 21-090632 | 1.700.000 | EUR | 1.691.908,00 | 1.433.168,00 | 0,12% |
| ING GROEP N.V. FRN 21-161132 | 3.000.000 | EUR | 2.990.790,00 | 2.489.400,00 | 0,21% |
| ING GROUP N.V. FRN 19-131130 | 2.500.000 | EUR | 2.495.650,00 | 2.229.700,00 | 0,19% |
| ING GROUP N.V. FRN 20-260531 | 3.700.000 | EUR | 3.763.186,00 | 3.415.877,00 | 0,29% |
| INTESA SAN PAOLO SpA 0,75 19-041224 | 3.000.000 | EUR | 3.028.110,00 | 2.881.365,00 | 0,25% |
| INTESA SAN PAOLO SpA 0,75 21-160328 | 2.500.000 | EUR | 2.498.800,00 | 2.126.800,00 | 0,18% |
| INTESA SAN PAOLO SpA 1,75 19-040729 | 8.000.000 | EUR | 8.415.704,44 | 6.957.680,00 | 0,60% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| IREN SpA 0,875 16-041124 | 3.500.000 | EUR | 3.343.802,50 | 3.383.782,50 | 0,29% |
| IREN SpA 0,875 19-141029 | 1.500.000 | EUR | 1.490.175,00 | 1.228.995,00 | 0,11% |
| IREN SpA 1,00 20-010730 | 3.000.000 | EUR | 2.944.320,00 | 2.410.815,00 | 0,21% |
| IREN SpA 1,50 17-241027 | 4.000.000 | EUR | 3.860.000,00 | 3.653.540,00 | 0,31% |
| ITALGAS SpA 1,625 17-180129 | 4.000.000 | EUR | 3.832.921,33 | 3.560.500,00 | 0,30% |
| JDE PEET''S N.V. 0,625 21-090228 | 4.000.000 | EUR | 3.981.240,00 | 3.388.760,00 | 0,29% |
| JP MORGAN CHASE&CO 0,597 21-170233 | 5.000.000 | EUR | 5.000.000,00 | 3.855.350,00 | 0,33% |
| JP MORGAN CHASE & CO 1,5 15-270125 | 3.000.000 | EUR | 3.061.198,39 | 2.945.535,00 | 0,25% |
| JP MORGAN CHASE & CO FRN 17-180528 | 2.000.000 | EUR | 2.006.520,00 | 1.866.730,00 | 0,16% |
| JP MORGAN CHASE & CO FRN 19-110327 | 3.000.000 | EUR | 3.000.000,00 | 2.807.985,00 | 0,24% |
| JP MORGAN CHASE & CO FRN 19-250731 | 6.000.000 | EUR | 6.070.529,97 | 5.024.730,00 | 0,43% |
| JP MORGAN CHASE & CO FRN 20-240228 | 2.000.000 | EUR | 2.000.000,00 | 1.767.020,00 | 0,15% |
| JP MORGAN CHASE FRN 22-230330 | 3.000.000 | EUR | 3.000.000,00 | 2.752.095,00 | 0,24% |
| KBC GROUP 0,75 21-310531 | 4.000.000 | EUR | 3.983.920,00 | 3.153.680,00 | 0,27% |
| KBC GROUPE FRN 21-071231 | 4.000.000 | EUR | 3.999.000,00 | 3.335.920,00 | 0,29% |
| KBC GROUP FRN 19-031229 | 4.000.000 | EUR | 3.962.830,00 | 3.636.360,00 | 0,31% |
| KBC GROUP FRN 20-160627 | 2.000.000 | EUR | 1.985.620,00 | 1.811.490,00 | 0,15% |
| KBC GROUP N.V. FRN 21-010327 | 2.500.000 | EUR | 2.489.575,00 | 2.246.625,00 | 0,19% |
| KERRY GROUP FINANCE SER 0,625 19-200929 | 8.000.000 | EUR | 8.025.902,40 | 6.598.480,00 | 0,56% |
| KONINKIJKE AHOLD DL 0,375 21-180330 | 3.500.000 | EUR | 3.487.050,00 | 2.821.350,00 | 0,24% |
| KONINKLIJKE AHOLD DELHAIZE 1,75 20-020427 | 2.200.000 | EUR | 2.294.390,00 | 2.103.464,00 | 0,18% |
| KONINKLIJKE DSM 2,375 14-030424 | 2.000.000 | EUR | 2.197.000,00 | 2.021.110,00 | 0,17% |
| LA POSTE 0,00 21-180729 | 3.000.000 | EUR | 2.970.090,00 | 2.488.590,00 | 0,21% |
| LA POSTE S.A. 0,375 19-170927 | 5.000.000 | EUR | 4.997.650,00 | 4.509.600,00 | 0,39% |
| LA POSTE S.A. 1,45 18-301128 | 2.000.000 | EUR | 1.996.480,00 | 1.889.420,00 | 0,16% |
| LEASEPLA 2,125 22-25 | 3.000.000 | EUR | 2.998.110,00 | 2.914.785,00 | 0,25% |
| LEASEPLAN CORP. 0,25 21-230226 | 3.000.000 | EUR | 2.988.420,00 | 2.687.145,00 | 0,23% |
| LINDE FINANCE B.V. 0,25 20-190527 | 2.500.000 | EUR | 2.498.950,00 | 2.254.562,50 | 0,19% |
| LINDE PLC 1,375 22-310331 | 3.000.000 | EUR | 2.976.150,00 | 2.650.920,00 | 0,23% |
| LLOYDS BANK CORP. 2,375 20-090426 | 4.000.000 | EUR | 4.404.039,92 | 3.972.940,00 | 0,34% |
| LLOYDS BANK GROUP 0,375 20-280125 | 1.500.000 | EUR | 1.506.000,00 | 1.430.355,00 | 0,12% |
| LLOYDS BANK GROUP 1,50 17-120927 | 2.000.000 | EUR | 2.105.000,00 | 1.846.290,00 | 0,16% |
| LLOYDS BANK GROUP FRN 18-070928 | 2.000.000 | EUR | 2.013.092,00 | 1.947.080,00 | 0,17% |
| LLOYDS BANK GROUP FRN 19-121125 | 2.000.000 | EUR | 1.988.700,00 | 1.897.600,00 | 0,16% |
| LLOYDS BANK GROUP FRN 20-010426 | 2.700.000 | EUR | 2.972.641,00 | 2.726.757,00 | 0,23% |
| MC DONALD'S CORP. 1,60 19-150331 | 4.300.000 | EUR | 4.388.164,00 | 3.769.853,00 | 0,32% |
| MC DONALD'S CORP. 1,75 16-030528 | 3.500.000 | EUR | 3.863.500,00 | 3.310.405,00 | 0,28% |
| MEDIOBANCA 0,875 19-150126 | 2.600.000 | EUR | 2.595.060,00 | 2.381.509,00 | 0,20% |
| MEDIOBANCA 1,125 19-150725 | 2.000.000 | EUR | 1.992.620,00 | 1.886.810,00 | 0,16% |
| MEDIOBANCA FRN 22-170729 | 4.000.000 | EUR | 3.978.880,00 | 3.367.340,00 | 0,29% |
| MEDTRONIC GLOBAL HL 1,625 20-151050 | 3.500.000 | EUR | 3.404.030,00 | 2.300.427,50 | 0,20% |
| MEDTRONIC GLOBAL HLDG 1,125 19-070327 | 6.000.000 | EUR | 6.248.110,00 | 5.651.400,00 | 0,48% |
| MEDTRONIC GLOBAL HLDG 2,25 19-070339 | 2.500.000 | EUR | 2.504.382,14 | 2.097.275,00 | 0,18% |
| MERCEDES-BENZ 0,75 20-100930 | 2.100.000 | EUR | 2.082.948,00 | 1.759.926,00 | 0,15% |
| MERCK FINANCIAL 0,50 20-160728 | 1.700.000 | EUR | 1.693.812,00 | 1.515.754,00 | 0,13% |
| MERCK FRN 20-090980 | 5.000.000 | EUR | 5.097.500,00 | 4.369.675,00 | 0,37% |
| MERLIN PROPERTIES 1,875 19-041234 | 3.500.000 | EUR | 3.437.087,89 | 2.541.472,50 | 0,22% |
| MITSUBISHI UFJ FINANCIAL 0,872 17-070924 | 3.800.000 | EUR | 3.787.220,00 | 3.679.350,00 | 0,31% |
| MONDELEZ INTL 1,625 15-080327 | 2.000.000 | EUR | 2.022.890,00 | 1.909.200,00 | 0,16% |
| MORGAN STANLEY 1,75 15-300125 | 3.500.000 | EUR | 3.548.440,00 | 3.435.862,50 | 0,29% |
| MORGAN STANLEY FRN 17-231026 | 4.000.000 | EUR | 4.218.788,00 | 3.802.380,00 | 0,33% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| MORGAN STANLEY FRN 20-261029 | 3.500.000 | EUR | 3.500.000,00 | 2.943.377,50 | 0,25% |
| MORGAN STANLEY FRN 21-070231 | 2.500.000 | EUR | 2.500.000,00 | 2.007.700,00 | 0,17% |
| MORGAN STANLEY FRN 21-290433 | 3.000.000 | EUR | 3.000.000,00 | 2.377.590,00 | 0,20% |
| MORGAN ST FRN 22-32 | 2.000.000 | EUR | 2.000.000,00 | 1.963.810,00 | 0,17% |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT A.G. 1,00 21-260542 | 2.000.000 | EUR | 1.987.100,00 | 1.445.250,00 | 0,12% |
| NASDAQ INC. 0,875 20-130230 | 1.500.000 | EUR | 1.495.140,00 | 1.221.660,00 | 0,10% |
| NASDAQ INC. 1,75 19-280329 | 4.000.000 | EUR | 4.142.155,00 | 3.561.400,00 | 0,30% |
| NATWEST 2,00 22-25 | 3.000.000 | EUR | 2.991.630,00 | 2.930.550,00 | 0,25% |
| NATWEST GROUP FRN 21-260230 | 3.000.000 | EUR | 2.999.760,00 | 2.444.700,00 | 0,21% |
| NATWEST MARKETS 1,375 22-020327 | 4.000.000 | EUR | 3.991.560,00 | 3.701.540,00 | 0,32% |
| NE PROPERTY B.V. 2,00 22-200130 | 4.000.000 | EUR | 3.948.520,00 | 2.856.040,00 | 0,24% |
| NE PROPERTY B.V. 3,375 20-140727 | 5.000.000 | EUR | 5.640.464,00 | 4.321.850,00 | 0,37% |
| NE PROPERTY COOP 1,75 17-231124 | 3.000.000 | EUR | 3.076.500,00 | 2.794.545,00 | 0,24% |
| NESTLE FINANCE INTERNATIONAL 0,125 20-121127 | 2.000.000 | EUR | 1.986.020,00 | 1.796.490,00 | 0,15% |
| NESTLE FINANCE INTERNATIONAL 0,25 21-140629 | 3.000.000 | EUR | 2.991.930,00 | 2.611.770,00 | 0,22% |
| NESTLE FINANCE INTERNATIONAL 1,125 20-010426 | 1.500.000 | EUR | 1.491.285,00 | 1.457.857,50 | 0,12% |
| NESTLE HLDG 0,875 17-180725 | 2.000.000 | EUR | 2.025.260,00 | 1.950.830,00 | 0,17% |
| NETFLIX INC. 3,625 19-150630 | 5.000.000 | EUR | 5.670.800,00 | 4.345.350,00 | 0,37% |
| NIBC BANK 0,25 21-090926 | 3.500.000 | EUR | 3.497.410,00 | 3.014.235,00 | 0,26% |
| NN BANK N.V. NETHERLAN 0,50 21-210928 | 3.500.000 | EUR | 3.493.035,00 | 2.936.885,00 | 0,25% |
| NN GROUP N.V. 1,625 17-070727 | 2.000.000 | EUR | 2.050.100,00 | 1.905.410,00 | 0,16% |
| NORDEA BANK 0,625 21-180831 | 3.000.000 | EUR | 2.993.520,00 | 2.638.350,00 | 0,23% |
| NORTEGAS ENERGIA 0,905 21-220131 | 3.500.000 | EUR | 3.500.000,00 | 2.710.715,00 | 0,23% |
| NORTEGAS ENERGIA 2,065 17-280927 | 3.500.000 | EUR | 3.497.879,00 | 3.272.185,00 | 0,28% |
| NOVO NORDISK FINANCE 0,00 21-040624 | 3.000.000 | EUR | 3.020.070,00 | 2.917.845,00 | 0,25% |
| NTT FINANCE CORP. 0,01 21-030325 | 4.000.000 | EUR | 4.017.800,00 | 3.791.580,00 | 0,32% |
| NTT FINANCE CORP. 0,082 21-131225 | 3.000.000 | EUR | 3.000.000,00 | 2.788.365,00 | 0,24% |
| NYKREDIT REALKD FRN 21-280731 | 2.000.000 | EUR | 1.995.840,00 | 1.767.870,00 | 0,15% |
| NYKREDIT REALKRED 0,25 20-130126 | 2.500.000 | EUR | 2.496.700,00 | 2.263.687,50 | 0,19% |
| ORANGE 1,25 20-070727 | 2.500.000 | EUR | 2.497.275,00 | 2.356.112,50 | 0,20% |
| ORANGE FRN 14-PERPETUAL | 4.000.000 | EUR | 4.802.125,00 | 4.043.260,00 | 0,35% |
| ORANGE FRN 19-PERPETUAL | 3.000.000 | EUR | 3.011.872,50 | 2.807.445,00 | 0,24% |
| ORSTED A/SA.S. FRN 21-18023021 | 5.000.000 | EUR | 5.013.500,00 | 3.677.150,00 | 0,31% |
| P3 GROUP 0,875 22-260126 | 6.000.000 | EUR | 5.959.560,00 | 5.174.520,00 | 0,44% |
| PEPSICO INC. 0,40 20-091032 | 2.000.000 | EUR | 1.997.200,00 | 1.549.620,00 | 0,13% |
| PEPSICO INC. 0,75 19-180327 | 3.000.000 | EUR | 2.994.450,00 | 2.803.275,00 | 0,24% |
| PERSHING SQUARE 1,375 21-011027 | 4.000.000 | EUR | 3.994.760,00 | 3.280.040,00 | 0,28% |
| PROLOGIS 3,125 22-31 | 1.500.000 | EUR | 1.496.520,00 | 1.412.737,50 | 0,12% |
| PROLOGIS EURO FINANCE 0,375 20-060228 | 1.750.000 | EUR | 1.745.607,50 | 1.497.667,50 | 0,13% |
| PROLOGIS EURO FINANCE 1,50 19-100949 | 1.000.000 | EUR | 975.390,00 | 568.965,00 | 0,05% |
| PROLOGIS INTERNATIONAL 0,75 21-230333 | 3.000.000 | EUR | 2.988.030,00 | 2.110.020,00 | 0,18% |
| PROLOGIS INTERNATIONAL FUND 1,625 20-170632 | 2.000.000 | EUR | 1.992.660,00 | 1.583.290,00 | 0,14% |
| PROSUS N.V. 1,539 20-030828 | 6.000.000 | EUR | 5.792.540,00 | 4.770.810,00 | 0,41% |
| PROSUS N.V. 1,985 21-130733 | 4.000.000 | EUR | 4.000.000,00 | 2.701.340,00 | 0,23% |
| PROSUS N.V. 2,031 20-030832 | 5.000.000 | EUR | 5.180.061,20 | 3.489.625,00 | 0,30% |
| RAIFFEISEN BANK INTERNATIONAL FRN 21-170633 | 2.000.000 | EUR | 1.989.420,00 | 1.415.920,00 | 0,12% |
| RCI BANQU 4,75 22-27 | 3.000.000 | EUR | 2.992.830,00 | 3.008.985,00 | 0,26% |
| RCI BANQUE S.A. 1,00 16-170523 | 1.500.000 | EUR | 1.502.460,00 | 1.485.712,50 | 0,13% |
| RCI BANQUE S.A. 1,125 20-150127 | 7.000.000 | EUR | 6.865.567,33 | 6.046.390,00 | 0,52% |
| RCI BANQUE S.A. 2,00 19-110724 | 1.000.000 | EUR | 1.024.628,71 | 982.335,00 | 0,08% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| RENTOKIL 3,875 22-27 | 3.500.000 | EUR | 3.485.510,00 | 3.567.305,00 | 0,31% |
| RENTOKIL INITIAL 0,50 20-141028 | 1.800.000 | EUR | 1.793.124,00 | 1.490.292,00 | 0,13% |
| ROYAL BANK OF CANADA 0,125 19-230724 | 2.000.000 | EUR | 1.994.340,00 | 1.922.940,00 | 0,16% |
| ROYAL BANK OF CANADA 0,25 19-020524 | 3.500.000 | EUR | 3.481.660,00 | 3.395.612,50 | 0,29% |
| ROYAL PH 2,125 22-29 | 4.000.000 | EUR | 3.966.600,00 | 3.749.840,00 | 0,32% |
| ROYAL PHILIPS 0,50 19-220526 | 2.000.000 | EUR | 1.989.880,00 | 1.857.810,00 | 0,16% |
| SAINT-GOBAIN 1,125 18-230326 | 1.500.000 | EUR | 1.493.970,00 | 1.427.640,00 | 0,12% |
| SAINT-GOBAIN 1,375 17-140627 | 3.500.000 | EUR | 3.523.322,50 | 3.287.182,50 | 0,28% |
| SAMPO PLC FRN 20-030952 | 7.000.000 | EUR | 7.442.150,33 | 5.491.325,00 | 0,47% |
| SANDVIK 2,125 22-27 | 3.000.000 | EUR | 2.981.190,00 | 2.924.955,00 | 0,25% |
| SAP SE 0,125 20-180526 | 2.500.000 | EUR | 2.484.375,00 | 2.323.812,50 | 0,20% |
| SAP SE 1,00 18-130326 | 3.000.000 | EUR | 3.049.500,00 | 2.901.240,00 | 0,25% |
| SAP SE 1,375 18-130330 | 4.000.000 | EUR | 4.231.680,00 | 3.674.620,00 | 0,31% |
| SCHNEIDER ELECTRIC 0,25 20-110329 | 3.000.000 | EUR | 2.979.030,00 | 2.582.385,00 | 0,22% |
| SCHNEIDER ELECTRIC 0,875 17-131226 | 2.500.000 | EUR | 2.482.625,00 | 2.361.625,00 | 0,20% |
| SCHNEIDER ELECTRIC 1,00 20-090427 | 3.700.000 | EUR | 3.745.791,00 | 3.489.525,50 | 0,30% |
| SCHNEIDER ELECTRIC 1,375 18-210627 | 1.700.000 | EUR | 1.683.510,00 | 1.623.491,50 | 0,14% |
| SCHNEIDER ELECTRIC 1,50 19-150128 | 3.500.000 | EUR | 3.499.125,00 | 3.337.232,50 | 0,29% |
| SIAS 1,625 18-080228 | 4.000.000 | EUR | 4.137.000,00 | 3.415.940,00 | 0,29% |
| SIEMENS FINANCE 0,25 20-200229 | 3.000.000 | EUR | 2.995.200,00 | 2.579.145,00 | 0,22% |
| SIEMENS FINANCE 0,375 20-050626 | 2.000.000 | EUR | 1.998.940,00 | 1.869.610,00 | 0,16% |
| SIEMENS FINANCE 1,375 18-060930 | 2.000.000 | EUR | 1.990.580,00 | 1.844.220,00 | 0,16% |
| SIEMENS FINANCIER 0,625 22-250227 | 3.000.000 | EUR | 2.984.580,00 | 2.780.745,00 | 0,24% |
| SIEMENS FINANCIER 1,00 22-250230 | 2.000.000 | EUR | 1.992.980,00 | 1.779.550,00 | 0,15% |
| SIGNIFY N.V. 2,00 20-110524 | 7.000.000 | EUR | 7.098.030,00 | 6.894.195,00 | 0,59% |
| SMURFIT KAPPA ACQ 2,875 18-150126 | 4.000.000 | EUR | 4.436.000,00 | 3.948.760,00 | 0,34% |
| SMURFIT KAPPA TREA 0,50 21-220929 | 2.500.000 | EUR | 2.496.275,00 | 2.000.387,50 | 0,17% |
| SMURFIT KAPPA TREA 1,00 21-220933 | 4.000.000 | EUR | 3.994.600,00 | 2.871.580,00 | 0,25% |
| SOCIETE DES AUTOROUTES PARIS-RHIN-RHONE 1,125 16-090126 | 3.500.000 | EUR | 3.472.035,00 | 3.370.850,00 | 0,29% |
| SOCIETE DES AUTOROUTES PARIS-RHIN-RHONE 1,50 18-250130 | 2.000.000 | EUR | 1.980.540,00 | 1.827.740,00 | 0,16% |
| SOCIETE GENERAL 0,875 19-240929 | 2.200.000 | EUR | 2.200.000,00 | 1.786.598,00 | 0,15% |
| SOCIETE GENERALE 0,75 20-250127 | 2.500.000 | EUR | 2.499.650,00 | 2.215.850,00 | 0,19% |
| SOCIETE GENERALE 1,25 19-150224 | 3.000.000 | EUR | 2.982.000,00 | 2.955.780,00 | 0,25% |
| SOCIETE GENERALE FRN 20-241130 | 4.000.000 | EUR | 3.990.365,00 | 3.506.460,00 | 0,30% |
| SOCIETE GENERALE FRN 21-300631 | 3.000.000 | EUR | 2.981.850,00 | 2.566.740,00 | 0,22% |
| SODEXHO 0,75 20-270425 | 2.000.000 | EUR | 1.996.580,00 | 1.913.880,00 | 0,16% |
| STATKRAFT A/S 1,125 17-200325 | 5.000.000 | EUR | 5.066.228,00 | 4.884.175,00 | 0,42% |
| STEDIN 2,375 22-30 | 3.000.000 | EUR | 2.979.540,00 | 2.828.625,00 | 0,24% |
| STEDIN HLDG 0,50 19-141129 | 7.000.000 | EUR | 6.996.470,00 | 5.799.430,00 | 0,50% |
| STEDIN HLDG FRN 21-PERPETUAL | 1.500.000 | EUR | 1.500.000,00 | 1.268.925,00 | 0,11% |
| STELLANTIS N.V. 1,25 21-200633 | 2.000.000 | EUR | 1.975.340,00 | 1.404.110,00 | 0,12% |
| SUEZ 1,875 22-27 | 2.400.000 | EUR | 2.390.496,00 | 2.296.092,00 | 0,20% |
| SVENSKA HANDELSBANKEN FRN 18-050329 | 2.000.000 | EUR | 1.999.240,00 | 1.951.000,00 | 0,17% |
| SWISS LIFE FINANCE 0,50 21-150931 | 2.300.000 | EUR | 2.288.178,00 | 1.796.875,00 | 0,15% |
| SWISS RE FINANCE FRN 20-040652 | 5.000.000 | EUR | 5.075.006,01 | 4.086.450,00 | 0,35% |
| TAKEDA PHARMACEUTICAL 2,25 18-211126 | 3.000.000 | EUR | 3.060.393,00 | 2.945.970,00 | 0,25% |
| TAKEDA PHARMACEUTICAL 3,00 18-211130 | 2.000.000 | EUR | 2.153.040,00 | 1.952.690,00 | 0,17% |
| TALANX A.G. FRN 21-011242 | 4.100.000 | EUR | 4.064.371,00 | 3.200.890,50 | 0,27% |
| TELEPERFORMANCE 0,25 20-261127 | 2.000.000 | EUR | 1.984.260,00 | 1.723.860,00 | 0,15% |
| THERMO FISHER 0,00 21-181125 | 3.000.000 | EUR | 2.996.040,00 | 2.788.950,00 | 0,24% |
| THERMO FISHER 0,80 21-181030 | 3.200.000 | EUR | 3.193.920,00 | 2.717.744,00 | 0,23% |

|  |
| --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| THERMO FISHER 2,375 20-150432 | 2.600.000 | EUR | 2.572.440,00 | 2.470.182,00 | 0,21% |
| THERMO FISHER SCIENTIFIC 1,40 17-230126 | 4.000.000 | EUR | 3.992.471,25 | 3.875.240,00 | 0,33% |
| TOTALENERGIES 0,75 16-120728 | 4.800.000 | EUR | 4.738.944,00 | 4.352.736,00 | 0,37% |
| TOTALENERGIES 1,491 20-080427 | 2.500.000 | EUR | 2.500.000,00 | 2.407.750,00 | 0,21% |
| TOTALENERGIES SE FRN 21-PERPETUAL | 6.000.000 | EUR | 6.019.518,75 | 4.796.010,00 | 0,41% |
| TOYOTA MOTOR CD 0,125 21-051127 | 4.000.000 | EUR | 3.981.920,00 | 3.457.260,00 | 0,30% |
| TRATON FINANCE LUX 0,00 21-140624 | 4.000.000 | EUR | 4.003.960,00 | 3.816.740,00 | 0,33% |
| TRITAX EUROBOX 0,95 21-020626 | 3.500.000 | EUR | 3.469.550,00 | 3.133.637,50 | 0,27% |
| UBS GROUP A.G. 0,875 21-031131 | 3.500.000 | EUR | 3.497.655,00 | 2.735.792,50 | 0,23% |
| UBS GROUP A.G. 0FRN 20-051128 | 2.500.000 | EUR | 2.479.825,00 | 2.115.700,00 | 0,18% |
| UBS GROUP FRN 20-290126 | 2.700.000 | EUR | 2.685.042,00 | 2.520.787,50 | 0,22% |
| UNICREDIT FRN 22-180128 | 8.000.000 | EUR | 7.987.520,00 | 7.004.800,00 | 0,60% |
| UNICREDIT SpA 1,80 20-200130 | 3.500.000 | EUR | 3.614.832,60 | 2.878.137,50 | 0,25% |
| UNICREDIT SpA FRN 20-220727 | 3.000.000 | EUR | 2.995.650,00 | 2.745.870,00 | 0,23% |
| UNICREDIT SpA FRN 21-050729 | 3.500.000 | EUR | 3.498.355,00 | 2.882.810,00 | 0,25% |
| UNIPOL GRUPPO FINANZIARO SpA 3,25 20-230930 | 3.000.000 | EUR | 2.977.800,00 | 2.757.705,00 | 0,24% |
| UPM-KYMMENE 0,125 20-191128 | 1.900.000 | EUR | 1.882.406,00 | 1.560.764,50 | 0,13% |
| VANTAGE TOWERS A.G. 0,375 21-310327 | 4.000.000 | EUR | 3.989.360,00 | 3.462.200,00 | 0,30% |
| VERIZON COMMUNICATIONS INC. 2,625 14-011231 | 5.000.000 | EUR | 5.336.450,00 | 4.809.900,00 | 0,41% |
| VESTEDA FINANCE 0,75 21-181031 | 2.000.000 | EUR | 1.972.180,00 | 1.538.990,00 | 0,13% |
| VGP N.V. 1,50 21-080429 | 6.000.000 | EUR | 5.713.600,00 | 4.015.170,00 | 0,34% |
| VGP S.A. 1,625 22-170127 | 5.000.000 | EUR | 4.719.850,00 | 3.955.100,00 | 0,34% |
| VIA OUTLETS B.V. 1,75 21-151128 | 3.800.000 | EUR | 3.776.478,00 | 3.181.493,00 | 0,27% |
| VINCI S.A. 0,00 20-271128 | 2.700.000 | EUR | 2.712.771,00 | 2.283.727,50 | 0,20% |
| VINCI S.A. 1,625 19-180129 | 4.000.000 | EUR | 3.961.360,00 | 3.688.560,00 | 0,32% |
| VINCI S.A. 1,75 18-260930 | 1.700.000 | EUR | 1.693.268,00 | 1.575.543,00 | 0,13% |
| VODAFONE GROUP 0,90 19-241126 | 2.000.000 | EUR | 2.074.500,00 | 1.878.410,00 | 0,16% |
| VODAFONE GROUP 1,125 17-201125 | 2.000.000 | EUR | 1.983.340,00 | 1.928.710,00 | 0,16% |
| VODAFONE GROUP 1,625 19-241130 | 2.500.000 | EUR | 2.696.459,00 | 2.244.712,50 | 0,19% |
| VOLKSWAGEN FINANCE SERVICES 0,875 22-310128 | 4.700.000 | EUR | 4.680.918,00 | 4.062.398,00 | 0,35% |
| VOLKSWAGEN INTERNATIONAL 3,25 18-181130 | 2.000.000 | EUR | 2.467.420,00 | 1.911.560,00 | 0,16% |
| VOLKSWAGEN INTERNATIONAL FINANCE FRN 17-PERPETUA | 9.000.000 | EUR | 9.929.898,87 | 7.947.540,00 | 0,68% |
| VOLKSWAGEN LEASING GMBH 0,00 21-190724 | 3.000.000 | EUR | 2.994.600,00 | 2.858.235,00 | 0,24% |
| VOLKSWAGEN LEASING GMBH 0,625 21-190729 | 3.000.000 | EUR | 2.977.470,00 | 2.407.365,00 | 0,21% |
| VOLVO 1,625 22-25 | 2.000.000 | EUR | 1.993.760,00 | 1.963.440,00 | 0,17% |
| VOLVO TREASURY AB 0,00 21-180526 | 3.400.000 | EUR | 3.381.368,00 | 3.089.070,00 | 0,26% |
| VONOVIA 0,00 21-011225 | 1.500.000 | EUR | 1.495.860,00 | 1.335.780,00 | 0,11% |
| VONOVIA FINANCE 0,625 20-090726 | 3.000.000 | EUR | 2.990.520,00 | 2.658.330,00 | 0,23% |
| VONOVIA FINANCE 1,625 20-070424 | 1.500.000 | EUR | 1.497.465,00 | 1.476.150,00 | 0,13% |
| VW INTL 3,125 22-25 | 3.500.000 | EUR | 3.497.865,00 | 3.540.775,00 | 0,30% |
| VW INTL 3,75 22-27 | 3.000.000 | EUR | 2.986.380,00 | 3.048.405,00 | 0,26% |
| WABTEC TRANSPORT 1,25 21-031227 | 2.000.000 | EUR | 1.985.340,00 | 1.639.930,00 | 0,14% |
| WOLTERS KLUWER 0,25 21-300328 | 5.000.000 | EUR | 4.997.900,00 | 4.349.000,00 | 0,37% |
| WOOLWORTHS GROUP 0,375 21-151128 | 1.500.000 | EUR | 1.495.140,00 | 1.215.420,00 | 0,10% |
| WORDLINE S.A. 0,875 20-300627 | 3.000.000 | EUR | 3.112.095,00 | 2.710.545,00 | 0,23% |
| Total EURO |  |  | 1.311.417.352,04 | 1.145.752.003,84 | 97,99% |
| Total Obligations |  |  | 1.311.417.352,04 | 1.145.752.003,84 | 97,99% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 1.311.417.352,04 | 1.145.752.003,84 | 97,99% |
| Total du Portefeuille-Titres |  |  | 1.311.417.352,04 | 1.145.752.003,84 | 97,99% |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Obligations |  |  |  |  |  |
| AUSTRALIA 1,00 19-211230 | 23.000.000 | AUD | 14.243.935,42 | 12.360.410,44 | 1,24% |
| AUSTRALIA 3,25 13-210425 | 5.000.000 | AUD | 3.551.353,99 | 3.314.598,61 | 0,33% |
| AUSTRALIA -INFLATION LINKED- 0,75 17-211127 | 15.000.000 | AUD | 10.367.821,15 | 10.918.374,10 | 1,10% |
| Total DOLLAR AUSTRALIEN |  |  | 28.163.110,56 | 26.593.383,15 | 2,68% |
| CZECH 1,00 15-260626 | 485.000.000 | CZK | 18.320.170,90 | 16.483.098,17 | 1,66% |
| CZECH 1,50 20-240440 | 230.000.000 | CZK | 8.603.920,43 | 5.646.904,24 | 0,57% |
| CZECH 2,50 13-250828 | 200.000.000 | CZK | 7.952.148,80 | 6.984.981,09 | 0,70% |
| Total COURONNE TCHÈQUE |  |  | 34.876.240,13 | 29.114.983,50 | 2,93% |
| AB INBEV 2,125 20-021227 | 3.000.000 | EUR | 2.994.900,00 | 2.915.625,00 | 0,29% |
| ADIDAS A.G. 0,625 20-100935 | 2.000.000 | EUR | 1.987.200,00 | 1.467.120,00 | 0,15% |
| AKELIUS RESIDENTIAL FRN 18-051078 | 2.507.000 | EUR | 2.597.001,30 | 2.353.809,77 | 0,24% |
| ANHEUSER BUSCH INBEV 1,65 19-280331 | 5.000.000 | EUR | 5.044.973,00 | 4.473.125,00 | 0,45% |
| APPLE INC. 1,375 17-240529 | 3.000.000 | EUR | 2.950.200,00 | 2.840.145,00 | 0,29% |
| AT&T INC. 3,15 17-040936 | 8.000.000 | EUR | 8.032.208,00 | 7.396.800,00 | 0,74% |
| BAC FRN 22-26 | 4.500.000 | EUR | 4.482.400,00 | 4.363.200,00 | 0,44% |
| BANCO BPM SpA 4,375 17-210927 | 2.000.000 | EUR | 2.036.000,00 | 1.949.370,00 | 0,20% |
| BANK OF AMERICA 1,776 17-040527 | 4.500.000 | EUR | 4.447.990,00 | 4.301.910,00 | 0,43% |
| BARCLAYS FRN 22-27 | 4.000.000 | EUR | 4.000.000,00 | 3.897.880,00 | 0,39% |
| BARCLAYS PLC FRN 17-070228 | 1.600.000 | EUR | 1.607.840,00 | 1.581.896,00 | 0,16% |
| BC BILBAO 1,75 22-25 | 4.000.000 | EUR | 3.988.040,00 | 3.890.200,00 | 0,39% |
| BNPP 2,75 22-28 | 4.000.000 | EUR | 3.989.760,00 | 3.858.600,00 | 0,39% |
| BNP PARIBAS S.A. 0,625 20-031232 | 4.500.000 | EUR | 4.495.860,00 | 3.311.167,50 | 0,33% |
| BNP PARIBAS S.A. 1,50 17-230528 | 1.000.000 | EUR | 995.890,00 | 900.690,00 | 0,09% |
| BNP PARIBAS S.A. FRN 22-310332 | 2.500.000 | EUR | 2.498.250,00 | 2.279.325,00 | 0,23% |
| BUONI POLIENNALI 0,95 21-011231 | 4.000.000 | EUR | 4.022.720,00 | 3.277.140,00 | 0,33% |
| CAIXABANK FRN 22-130426 | 4.000.000 | EUR | 3.995.480,00 | 3.816.800,00 | 0,38% |
| CARREFOUR S.A. 1,875 22-301026 | 2.500.000 | EUR | 2.498.475,00 | 2.365.850,00 | 0,24% |
| CHILE 1,25 21-220151 | 7.000.000 | EUR | 6.757.256,00 | 3.882.515,00 | 0,39% |
| CHINA 0,25 20-251130 | 23.000.000 | EUR | 22.872.260,00 | 18.054.310,00 | 1,82% |
| CHINA 0,625 20-251135 | 12.000.000 | EUR | 11.933.400,00 | 8.591.040,00 | 0,86% |
| CHINA GVT 0,50 19-121131 | 6.750.000 | EUR | 6.750.625,00 | 6.092.482,50 | 0,61% |
| CHUBB INA 0,875 19-151229 | 1.500.000 | EUR | 1.498.425,00 | 1.277.257,50 | 0,13% |
| COFIROUTE 1,00 20-190531 | 600.000 | EUR | 599.070,00 | 506.625,00 | 0,05% |
| DEUTSCHE TELEKOM A.G 1,375 19-050734 | 10.000.000 | EUR | 10.070.620,00 | 8.236.900,00 | 0,83% |
| DEUTSCHE TELEKOM A.G 1,75 19-250331 | 2.000.000 | EUR | 2.008.900,00 | 1.843.040,00 | 0,19% |
| DE VOLKSBK FRN 22-27 | 5.700.000 | EUR | 5.690.538,00 | 5.469.777,00 | 0,55% |
| EDF S.A. FRN 18-PERPETUAL | 2.000.000 | EUR | 2.127.500,00 | 1.839.700,00 | 0,19% |
| EDP-ENERGIAS DE PORT FRN 21-020881 | 6.000.000 | EUR | 5.977.020,00 | 4.863.180,00 | 0,49% |
| EVONIK 2,25 22-27 | 3.000.000 | EUR | 2.981.580,00 | 2.861.760,00 | 0,29% |
| FRESENIU 1,875 22-25 | 4.000.000 | EUR | 3.996.800,00 | 3.896.740,00 | 0,39% |
| GRAND CITY PROPERTIES FRN 20-PERPETUAL | 1.800.000 | EUR | 1.752.750,00 | 1.252.368,00 | 0,13% |
| GRAND CITY PROPERTIES S.A. 1,375 17-030826 | 1.500.000 | EUR | 1.395.000,00 | 1.332.150,00 | 0,13% |
| HSBC HLDG PLC FRN 21-240929 | 3.700.000 | EUR | 3.498.091,00 | 3.049.762,00 | 0,31% |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| INDONESIA 1,10 21-120333 | 16.000.000 | EUR | 15.862.200,00 | 11.430.560,00 | 1,15% |
| INDONESIA 2,625 16-140623 | 5.000.000 | EUR | 5.125.000,00 | 5.053.450,00 | 0,51% |
| ING FRN 22-26 | 8.200.000 | EUR | 8.194.096,00 | 7.996.845,00 | 0,80% |
| ING VERZEKERING FRN 14-080444 | 2.000.000 | EUR | 2.065.000,00 | 1.996.240,00 | 0,20% |
| INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMENT 0,10 20-170935 | 7.000.000 | EUR | 7.062.736,00 | 5.246.430,00 | 0,53% |
| INTESA SAN PAOLO SpA FRN 19-040329 | 5.100.000 | EUR | 5.650.800,00 | 5.175.454,50 | 0,52% |
| ITALY BTP 0,00 21-151224 | 10.500.000 | EUR | 10.340.085,00 | 10.081.102,50 | 1,01% |
| ITALY BTP 0,45 21-150229 | 26.360.000 | EUR | 24.618.052,12 | 22.656.288,20 | 2,28% |
| ITALY BTP 0,60 21-010831 | 30.000.000 | EUR | 28.766.060,00 | 23.981.100,00 | 2,41% |
| ITALY BTP 0,85 19-150127 | 6.000.000 | EUR | 5.964.720,00 | 5.629.110,00 | 0,57% |
| ITALY BTP -INFLATION LINKED- 0,15 20-150551 | 9.000.000 | EUR | 8.426.259,77 | 6.888.729,19 | 0,69% |
| JP MORGAN CHASE & CO FRN 17-180528 | 2.000.000 | EUR | 2.000.000,00 | 1.866.730,00 | 0,19% |
| KBC GROUP 0,75 21-310531 | 1.200.000 | EUR | 1.195.176,00 | 946.104,00 | 0,10% |
| KONINKIJKE AHOLD DL 0,375 21-180330 | 2.300.000 | EUR | 2.291.490,00 | 1.854.030,00 | 0,19% |
| LINDE FINANCE B.V. 0,55 20-190532 | 3.000.000 | EUR | 2.983.020,00 | 2.375.520,00 | 0,24% |
| MERCEDES-BENZ 0,75 20-100930 | 2.000.000 | EUR | 1.983.760,00 | 1.676.120,00 | 0,17% |
| MERCEDES BENZ 1,125 19-080834 | 9.500.000 | EUR | 9.284.749,86 | 7.322.457,50 | 0,74% |
| MET LIFE 1,75 22-25 | 3.000.000 | EUR | 2.998.440,00 | 2.967.840,00 | 0,30% |
| MEXICAN 1,45 21-33 | 18.000.000 | EUR | 13.320.000,00 | 12.332.070,00 | 1,24% |
| MEXICO 2,375 22-110230 | 4.600.000 | EUR | 4.529.325,00 | 3.907.953,00 | 0,39% |
| MEXICO BONOS 1,75 18-170428 | 15.000.000 | EUR | 14.370.000,00 | 13.007.550,00 | 1,31% |
| MEXICO BONOS 4,00 15-150315 | 13.500.000 | EUR | 14.184.183,07 | 9.565.695,00 | 0,96% |
| MICROSOFT CORP. 3,125 13-061228 | 1.900.000 | EUR | 2.075.276,90 | 2.001.317,50 | 0,20% |
| MONDELEZ INTL 0,375 20-220929 | 2.000.000 | EUR | 1.991.652,80 | 1.652.990,00 | 0,17% |
| MOODY'S CORP. 0,95 19-250230 | 2.000.000 | EUR | 1.996.245,60 | 1.729.440,00 | 0,17% |
| NAT AUS 2,125 22-28 | 3.000.000 | EUR | 2.986.320,00 | 2.900.580,00 | 0,29% |
| NESTLE FINANCE INTERNATIONAL 0,375 20-120532 | 3.000.000 | EUR | 2.944.710,00 | 2.426.055,00 | 0,24% |
| NN GROUP N.V. FRN 14-PERPETUAL | 2.000.000 | EUR | 2.262.500,00 | 1.933.200,00 | 0,19% |
| ORANGE 0,50 19-040932 | 700.000 | EUR | 695.100,00 | 550.340,00 | 0,06% |
| POLAND 2,75 22-32 | 12.000.000 | EUR | 11.896.800,00 | 11.201.700,00 | 1,13% |
| PORTUGAL 0,475 20-181030 | 4.000.000 | EUR | 3.993.890,00 | 3.500.120,00 | 0,35% |
| PORTUGAL 4,10 06-150437 | 5.000.000 | EUR | 7.137.431,28 | 5.912.825,00 | 0,60% |
| RENTOKIL 3,875 22-27 | 700.000 | EUR | 697.102,00 | 713.461,00 | 0,07% |
| ROMANIA 2,00 20-280132 | 20.000.000 | EUR | 20.622.800,00 | 13.697.800,00 | 1,38% |
| ROMANIA 2,00 21-140433 | 4.500.000 | EUR | 4.420.475,00 | 2.929.027,50 | 0,29% |
| ROMANIA 2,375 17-190427 | 2.000.000 | EUR | 1.957.500,00 | 1.771.570,00 | 0,18% |
| ROMANIA 2,625 20-021240 | 7.922.000 | EUR | 7.931.116,39 | 4.629.418,75 | 0,47% |
| ROMANIA 3,624 20-260530 | 5.650.000 | EUR | 5.691.877,80 | 4.633.113,00 | 0,47% |
| ROMANIA 3,75 22-070234 | 1.500.000 | EUR | 1.495.860,00 | 1.128.307,50 | 0,11% |
| RWE AG 2,125 22-26 | 6.000.000 | EUR | 5.979.120,00 | 5.836.260,00 | 0,59% |
| SANDVIK 2,125 22-27 | 2.000.000 | EUR | 1.987.460,00 | 1.949.970,00 | 0,20% |
| SBAB BK 1,875 22-25 | 4.000.000 | EUR | 3.996.800,00 | 3.936.760,00 | 0,40% |
| SERBIA 1,50 19-260629 | 15.000.000 | EUR | 15.162.220,00 | 10.911.525,00 | 1,10% |
| SERBIA 1,65 21-030333 | 5.000.000 | EUR | 4.895.000,00 | 3.146.500,00 | 0,32% |
| SIEMENS FINANCE 1,75 19-280239 | 2.500.000 | EUR | 2.499.710,33 | 2.004.412,50 | 0,20% |
| SPAIN KINGDOM 1,20 20-311040 | 46.800.000 | EUR | 46.084.482,38 | 35.704.656,00 | 3,59% |
| SPAIN KINGDOM 1,40 18-300728 | 7.700.000 | EUR | 8.160.922,00 | 7.501.109,00 | 0,75% |
| SPAIN KINGDOM 2,90 16-311046 | 10.000.000 | EUR | 10.482.400,98 | 9.948.900,00 | 1,00% |
| SUEZ FRN 19-PERPETUAL | 2.000.000 | EUR | 2.017.000,00 | 1.678.620,00 | 0,17% |
| SWEDBANK 2,10 22-27 | 2.300.000 | EUR | 2.295.584,00 | 2.237.440,00 | 0,23% |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| SWEDBANK AB FRN 18-180928 | 2.400.000 | EUR | 2.411.258,40 | 2.356.884,00 | 0,24% |
| TELEFONICA EUROPE FRN 18-PERPETUAL | 4.200.000 | EUR | 4.117.950,00 | 4.061.694,00 | 0,41% |
| TELEFONICA EUROPE FRN 18-PERPETUAL | 7.000.000 | EUR | 7.097.457,76 | 6.283.200,00 | 0,63% |
| TEMASEK 1,50 16-28 | 3.000.000 | EUR | 3.005.700,00 | 2.936.400,00 | 0,30% |
| TLG FINANCE SARL FRN 19-PERPETUAL | 2.000.000 | EUR | 2.083.800,00 | 1.494.030,00 | 0,15% |
| TOTALENERGIES FRN 22-PERPETUAL | 5.000.000 | EUR | 5.000.000,00 | 4.256.575,00 | 0,43% |
| TOTAL ENERGIES SE FRN 15-PERPETUAL | 3.500.000 | EUR | 3.668.600,00 | 3.271.712,50 | 0,33% |
| UBS GROUP 2,75 22-27 | 7.500.000 | EUR | 7.496.100,00 | 7.367.962,50 | 0,74% |
| VGP N.V. 1,50 21-080429 | 2.200.000 | EUR | 2.189.484,00 | 1.472.229,00 | 0,15% |
| VINCI S.A. 1,75 18-260930 | 1.000.000 | EUR | 996.040,00 | 926.790,00 | 0,09% |
| VODAFONE GROUP FRN 20-270880 | 4.000.000 | EUR | 4.000.000,00 | 3.464.940,00 | 0,35% |
| VODAFONE GROUP PLC FRN 18-010379 | 10.000.000 | EUR | 10.340.000,00 | 9.568.400,00 | 0,96% |
| VOLKSWAGEN INTERNATIONAL FINANCE FRN 13-PERPETUAL | 3.167.000 | EUR | 3.328.884,37 | 3.171.307,12 | 0,32% |
| VOLKSWAGEN INTERNATIONAL FINANCE FRN 17-PERPETUAL | 8.100.000 | EUR | 8.159.903,20 | 7.991.460,00 | 0,80% |
| VOLKSWAGEN INTERNATIONAL FINANCE FRN 20-PERPETUAL | 5.000.000 | EUR | 5.341.250,00 | 4.546.050,00 | 0,46% |
| VW INTL 3,125 22-25 | 6.000.000 | EUR | 5.996.340,00 | 6.069.900,00 | 0,61% |
| Total EURO |  |  | 607.380.300,31 | 515.654.591,03 | 51,89% |
| ENEL FINANCE INTERNATIONAL 1,00 20-201027 | 2.200.000 | GBP | 2.432.277,34 | 2.229.736,29 | 0,22% |
| ENEL FINANCE INTERNATIONAL 5,75 09-140940 | 2.750.000 | GBP | 2.986.425,56 | 3.540.129,82 | 0,36% |
| Total LIVRE STERLING |  |  | 5.418.702,90 | 5.769.866,11 | 0,58% |
| JAPAN -INFLATION LINKED- 0,10 19-100329 | 600.000.000 | JPY | 5.074.785,11 | 4.542.954,35 | 0,46% |
| JAPAN -INFLATION LINKED- 0,20 20-100330 | 5.000.000.00 0 | JPY | 40.629.984,43 | 38.609.750,80 | 3,89% |
| Total YEN JAPONAIS |  |  | 45.704.769,54 | 43.152.705,15 | 4,34% |
| MEXICO 7,75 11-131142 | 700.000 | MXN | 3.153.836,68 | 2.907.425,54 | 0,29% |
| MEXICO BONOS 5,75 15-050326 | 4.450.000 | MXN | 17.570.453,39 | 18.765.517,77 | 1,89% |
| MEXICO BONOS 8,50 08-310529 | 1.150.000 | MXN | 5.334.950,86 | 5.299.015,07 | 0,53% |
| Total NOUVEAU PESO MEXICAIN |  |  | 26.059.240,93 | 26.971.958,38 | 2,71% |
| NEW ZEALAND 1,75 20-150541 | 24.000.000 | NZD | 13.154.465,19 | 10.063.599,87 | 1,01% |
| NEW ZEALAND 3,00 18-200429 | 23.000.000 | NZD | 15.398.017,69 | 13.170.781,17 | 1,33% |
| NEW ZEALAND 4,50 14-150427 | 25.500.000 | NZD | 17.976.994,36 | 15.822.754,17 | 1,59% |
| Total DOLLAR NEO-ZÉLANDAIS |  |  | 46.529.477,24 | 39.057.135,21 | 3,93% |
| APPLE INC. 1,65 21-080231 | 18.000.000 | USD | 14.431.835,21 | 14.474.207,28 | 1,46% |
| APPLE INC. 2,375 21-080241 | 4.000.000 | USD | 3.065.761,01 | 2.929.264,91 | 0,29% |
| ASIAN DEVELOPMENT BANK 0,75 20-081030 | 15.000.000 | USD | 12.489.974,83 | 11.805.155,67 | 1,19% |
| AT&T INC. 4,30 18-150230 | 4.026.000 | USD | 3.423.042,07 | 3.762.189,08 | 0,38% |
| BANK OF AMERICA FRN 17-240428 | 3.000.000 | USD | 2.396.534,59 | 2.738.811,03 | 0,28% |
| BANK OF AMERICA FRN 19-150350 | 5.500.000 | USD | 5.544.006,11 | 4.737.223,21 | 0,48% |
| BNP PARIB FRN 20-26 | 5.000.000 | USD | 4.379.687,19 | 4.441.460,62 | 0,45% |
| CHILE 2,55 20-270132 | 4.000.000 | USD | 3.324.048,66 | 3.257.888,95 | 0,33% |
| CHILE 3,50 19-250120 | 2.000.000 | USD | 1.688.586,48 | 1.478.502,08 | 0,15% |
| CITIGROUP FRN 22-25 | 3.000.000 | USD | 2.847.515,54 | 2.860.968,96 | 0,29% |
| CLOVERIE PLC SWISS REI FRN14-110944 | 1.000.000 | USD | 932.561,34 | 929.064,04 | 0,09% |

|  |
| --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| COMSAT CORP. 3,75 20-010440 | 3.000.000 | USD | 2.721.886,79 | 2.511.755,70 | 0,25% |
| EDF FRN 13-PERPETUAL | 5.300.000 | USD | 4.814.500,78 | 4.776.489,07 | 0,48% |
| ENEL FINANCE INTERNATIONAL 6,80 07-150937 | 3.250.000 | USD | 3.749.564,10 | 3.431.501,99 | 0,35% |
| EUROPEAN INVESTMENT BANK 0,75 20-230930 | 10.000.000 | USD | 8.312.130,41 | 7.931.130,14 | 0,80% |
| GOLDMAN SACHS GROUP 3,75 16-250226 | 5.000.000 | USD | 4.662.898,67 | 4.695.035,64 | 0,47% |
| GOLDMAN SACHS GROUP 6,25 11-010241 | 5.000.000 | USD | 3.739.744,51 | 5.299.607,82 | 0,53% |
| GRUPO TELEVISA 5,00 14-130545 | 6.000.000 | USD | 4.780.675,75 | 5.358.563,30 | 0,54% |
| INDONESIA 6,625 07-170237 | 2.060.000 | USD | 2.329.270,98 | 2.159.763,55 | 0,22% |
| INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMENT 0,875 20-140530 | 24.000.000 | USD | 21.022.214,64 | 19.277.363,81 | 1,94% |
| JP MORGAN CHASE & CO 5,60 11-150741 | 7.000.000 | USD | 6.332.891,33 | 7.027.653,17 | 0,71% |
| MAROCCO KINGDOM 3,00 20-151232 | 3.000.000 | USD | 2.481.109,09 | 1.983.150,80 | 0,20% |
| MEXICO 4,28 21-140841 | 2.300.000 | USD | 1.941.527,16 | 1.748.006,60 | 0,18% |
| MEXICO BONOS 4,50 19-220429 | 17.700.000 | USD | 16.964.626,87 | 16.504.960,07 | 1,66% |
| MICROSOFT CORP. 2,525 20-010650 | 17.000.000 | USD | 14.182.434,88 | 11.977.889,91 | 1,21% |
| MICROSOFT CORP. 3,50 15-120235 | 10.000.000 | USD | 10.158.376,06 | 9.194.270,41 | 0,93% |
| SERBIA 2,125 20-011230 | 3.000.000 | USD | 2.339.030,03 | 2.113.817,02 | 0,21% |
| SOC GEN FRN 22-26 | 3.000.000 | USD | 2.676.183,24 | 2.680.185,57 | 0,27% |
| SUMITOMO MITSUI 4,306 18-161028 | 2.500.000 | USD | 2.167.786,69 | 2.348.534,13 | 0,24% |
| US TREASURY 0,50 21-280226 | 15.000.000 | USD | 12.462.671,41 | 13.080.678,51 | 1,32% |
| US TREASURY 0,625 20-150830 | 24.000.000 | USD | 19.198.083,25 | 19.023.506,74 | 1,91% |
| US TREASURY 1,25 21-300428 | 8.000.000 | USD | 6.536.263,43 | 6.901.633,25 | 0,69% |
| US TREASURY 1,625 16-150526 | 6.500.000 | USD | 5.839.557,01 | 5.894.404,05 | 0,59% |
| US TREASURY 1,875 21-150251 | 3.000.000 | USD | 2.490.401,71 | 2.144.560,96 | 0,22% |
| US TREASURY 2,00 15-150825 | 8.500.000 | USD | 7.762.853,11 | 7.881.156,91 | 0,79% |
| US TREASURY 2,25 15-151125 | 38.000.000 | USD | 34.765.500,32 | 35.416.567,03 | 3,56% |
| US TREASURY 2,375 14-150824 | 10.000.000 | USD | 8.917.560,92 | 9.443.825,05 | 0,95% |
| VERIZON COMMUNICATIONS INC. 4,016 19-031229 | 5.000.000 | USD | 4.739.433,72 | 4.630.398,39 | 0,47% |
| Total DOLLAR DES ETATS-UNIS |  |  | 272.612.729,89 | 268.851.145,42 | 27,06% |
| SOUTH AFRICA 8,5 13-310137 | 400.000.000 | ZAR | 20.820.011,18 | 18.487.830,65 | 1,86% |
| Total RAND SUD-AFRICAIN |  |  | 20.820.011,18 | 18.487.830,65 | 1,86% |
| Total Obligations |  |  | 1.087.564.582,68 | 973.653.598,60 | 97,98% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 1.087.564.582,68 | 973.653.598,60 | 97,98% |
| Total du Portefeuille-Titres |  |  | 1.087.564.582,68 | 973.653.598,60 | 97,98% |

|  |
| --- |
| DPAM L BONDS HIGHER YIELD |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Obligations |  |  |  |  |  |
| BRAZIL 10,00 16-010127 | 28.000 | BRL | 4.507.888,71 | 4.647.677,86 | 5,10% |
| Total REAL BRÉSILIEN |  |  | 4.507.888,71 | 4.647.677,86 | 5,10% |
| ACCOR 2,375 21-291128 | 700.000 | EUR | 694.442,00 | 557.539,50 | 0,61% |
| ACCOR CV 0,70 20-071227 | 9.591 | EUR | 461.518,92 | 394.727,20 | 0,43% |
| AGEAS / FORTIS BANK SA/NV FLOATING RATE PERPETUAL (CONV.) | 2.000.000 | EUR | 1.721.375,00 | 1.655.530,00 | 1,82% |
| AKELIUS RESIDENTIAL PROPERTY FRN 20-170581 | 1.285.000 | EUR | 1.285.000,00 | 1.010.138,50 | 1,11% |
| ALTICE FRANCE S.A. 3,375 19-150128 | 2.000.000 | EUR | 2.000.000,00 | 1.503.000,00 | 1,65% |
| AVANTOR FUNDING 3,875 20-150728 | 500.000 | EUR | 500.000,00 | 435.882,50 | 0,48% |
| BANCO SABADELL FRN 21-PERPETUAL | 1.000.000 | EUR | 1.000.000,00 | 735.695,00 | 0,81% |
| BLITZ -F- 6,00 18-300726 | 1.000.000 | EUR | 871.743,02 | 746.430,20 | 0,82% |
| BRUNELLO BIDCO FRN 21-150228 | 800.000 | EUR | 800.000,00 | 722.544,00 | 0,79% |
| CAB SELAS 3,375 21-010228 | 1.000.000 | EUR | 1.004.900,00 | 807.195,00 | 0,89% |
| CAIXABANK S.A. FRN 18-PERPETUAL | 600.000 | EUR | 571.500,00 | 511.335,00 | 0,56% |
| CASINO GUICHARD-PERRACHON 4,498 14-070324 | 1.000.000 | EUR | 958.812,50 | 808.530,00 | 0,89% |
| CHEPLAPHARMACEUTICAL 3,50 20-110227 | 1.000.000 | EUR | 1.012.500,00 | 855.630,00 | 0,94% |
| CONSTELLIUM 4,25 17-150226 | 1.000.000 | EUR | 1.004.250,00 | 908.050,00 | 1,00% |
| CROWN EUROPEAN HLDG 0,75 19-150223 | 2.000.000 | EUR | 1.992.697,66 | 1.958.510,00 | 2,15% |
| ELIS S.A. 1,00 19-030425 | 1.500.000 | EUR | 1.446.150,00 | 1.362.600,00 | 1,49% |
| FAURECIA 2,375 19-150627 | 1.000.000 | EUR | 1.000.000,00 | 750.765,00 | 0,82% |
| FNAC DARTY CONVERTIBLE 0,25 21-230327 | 12.500 | EUR | 1.012.875,00 | 894.237,50 | 0,98% |
| GOLDSTORY SAS 5,375 21-010326 | 1.000.000 | EUR | 1.016.200,00 | 848.610,00 | 0,93% |
| GRUENENTHAL GMBH 3,625 21-151126 | 1.300.000 | EUR | 1.345.500,00 | 1.179.386,00 | 1,29% |
| HJ HEINZ CO 2,00 15-300623 | 1.000.000 | EUR | 1.010.550,00 | 1.001.740,00 | 1,10% |
| INEOS FINANCE 3,375 20-310326 | 1.500.000 | EUR | 1.500.000,00 | 1.351.770,00 | 1,48% |
| INTERTRUST GROUP B.V. 3,375 18-151125 | 1.000.000 | EUR | 1.000.000,00 | 951.630,00 | 1,04% |
| INTESA SAN PAOLO SpA FRN 17-PERPETUAL | 1.000.000 | EUR | 1.200.500,00 | 951.640,00 | 1,04% |
| IQVIA INC. 2,25 19-150128 | 1.300.000 | EUR | 1.319.831,50 | 1.080.898,00 | 1,19% |
| KAPLA HLDG SAS 3,375 19-151226 | 1.000.000 | EUR | 996.250,00 | 789.830,00 | 0,87% |
| LINCOLN FINANCING 3,625 19-010424 | 1.000.000 | EUR | 1.000.000,00 | 969.625,00 | 1,06% |
| LOXAM SAS 3,75 19-150726 | 1.000.000 | EUR | 1.000.000,00 | 860.130,00 | 0,94% |
| LOXAM SAS 5,75 19-150727 | 1.500.000 | EUR | 1.446.120,00 | 1.184.422,50 | 1,30% |
| NOBIAN FINANCE 3,625 21-150726 | 1.000.000 | EUR | 918.800,00 | 775.545,00 | 0,85% |
| OI EUROPEAN GROUP 2,875 19-150225 | 1.000.000 | EUR | 1.000.000,00 | 909.720,00 | 1,00% |
| ORANO S.A. 2,75 20-080328 | 1.000.000 | EUR | 991.640,00 | 848.305,00 | 0,93% |
| PAPREC HLDG 3,50 21-010728 | 1.500.000 | EUR | 1.500.000,00 | 1.177.395,00 | 1,29% |
| PARTS EUROPE S.A. FRN 21-200727 | 1.700.000 | EUR | 1.700.000,00 | 1.597.872,50 | 1,75% |
| PEACH PROPERTY FINANCE 4,375 20-151125 | 1.900.000 | EUR | 1.900.000,00 | 1.510.500,00 | 1,66% |
| POLAND 2,75 22-32 | 1.000.000 | EUR | 938.840,00 | 933.475,00 | 1,02% |
| SES S.A. FRN 21-PERPETUAL | 1.500.000 | EUR | 1.491.135,00 | 1.260.075,00 | 1,38% |
| SHUNSHINE MID B.V. 6,50 18-150526 | 1.500.000 | EUR | 1.522.356,30 | 1.500.300,00 | 1,65% |
| SIG COMBIBLOC 1,875 20-180623 | 1.000.000 | EUR | 1.007.000,00 | 987.685,00 | 1,08% |
| TELENET FINANCE LUX NOTE 3,50 17-010328 | 1.900.000 | EUR | 1.893.868,12 | 1.618.781,00 | 1,78% |
| TEOLLISUUDEN VOIMA 2,625 22-310327 | 1.500.000 | EUR | 1.492.665,00 | 1.393.282,50 | 1,53% |
| TEREOS FINANCE 4,75 22-300427 | 1.000.000 | EUR | 1.000.000,00 | 855.940,00 | 0,94% |

|  |
| --- |
| DPAM L BONDS HIGHER YIELD |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| TEREOS FINANCE 7,50 20-301025 | 100.000 | EUR | 97.962,00 | 98.449,00 | 0,11% |
| UNICREDIT FRN 21-PERPETUAL | 500.000 | EUR | 500.000,00 | 381.510,00 | 0,42% |
| UPC HLDG B.V. 3,875 17-150629 | 1.000.000 | EUR | 1.037.000,00 | 807.260,00 | 0,89% |
| VEOLIA ENVIRONNEMENT FRN 21-PERPETUAL | 1.000.000 | EUR | 1.000.000,00 | 777.270,00 | 0,85% |
| VIRGIN MEDIA 3,75 20-150730 | 500.000 | EUR | 500.000,00 | 373.970,00 | 0,41% |
| VMED O2 UK FINANCING 3,25 20-310131 | 1.000.000 | EUR | 1.000.000,00 | 774.015,00 | 0,85% |
| VOLVO CAR AB 2,50 20-071027 | 2.500.000 | EUR | 2.521.625,00 | 2.177.225,00 | 2,39% |
| VZ VENDOR FINANCE 2,875 20-150129 | 1.500.000 | EUR | 1.500.000,00 | 1.117.027,50 | 1,23% |
| Total EURO |  |  | 57.685.607,02 | 49.663.623,40 | 54,47% |
| VIRGIN MEDIA SEC FINANCE 4,25 19-150130 | 1.200.000 | GBP | 1.403.954,77 | 1.126.805,30 | 1,24% |
| Total LIVRE STERLING |  |  | 1.403.954,77 | 1.126.805,30 | 1,24% |
| INDONESIA 8,25 15-150536 | 24.000.000.000 | IDR | 1.564.867,41 | 1.628.498,55 | 1,79% |
| Total ROUPIE INDOÉSIENNE |  |  | 1.564.867,41 | 1.628.498,55 | 1,79% |
| MEXICO BONOS 8,00 17-071147 | 900.000 | MXN | 3.918.397,25 | 3.809.844,61 | 4,18% |
| Total NOUVEAU PESO MEXICAIN |  |  | 3.918.397,25 | 3.809.844,61 | 4,18% |
| POLAND 1,75 21-250432 | 9.000.000 | PLN | 1.237.304,01 | 1.228.432,08 | 1,35% |
| Total ZLOTY POLONAIS |  |  | 1.237.304,01 | 1.228.432,08 | 1,35% |
| ARAMARK SERVICES 5,00 18-010228 | 1.000.000 | USD | 818.703,01 | 875.015,54 | 0,96% |
| CHILE 3,50 19-250120 | 1.000.000 | USD | 738.451,37 | 739.251,04 | 0,81% |
| COSAN OVERSEAS 8,25 10-PERPETUAL | 2.000.000 | USD | 1.443.943,17 | 1.911.875,27 | 2,10% |
| CSC HLDG LLC 6,50 19-010229 | 2.000.000 | USD | 1.969.611,54 | 1.714.285,72 | 1,88% |
| DARLING INGREDIENTS 5,25 19-150427 | 1.000.000 | USD | 902.958,54 | 928.308,39 | 1,02% |
| FORD MOTOR CO 4,75 13-150143 | 2.000.000 | USD | 1.851.148,38 | 1.369.467,70 | 1,50% |
| HSBC HLDG PLC FRN 14-170949 | 1.000.000 | USD | 880.052,15 | 918.111,82 | 1,01% |
| INDONESIA 1,85 21-120331 | 1.750.000 | USD | 1.408.516,10 | 1.359.959,82 | 1,49% |
| IRON MOUNTAIN 5,25 17-150328 | 1.000.000 | USD | 952.229,45 | 859.625,04 | 0,94% |
| MEXICAN 5,75 10-121010 | 2.000.000 | USD | 2.040.715,97 | 1.605.949,59 | 1,76% |
| MILLICOM INTERNATIONAL CELL 5,125 17-150128 | 750.000 | USD | 564.688,17 | 551.395,81 | 0,60% |
| MILLICOM INTERNATIONAL CELL 6,25 19-250329 | 1.000.000 | USD | 795.791,14 | 751.120,57 | 0,82% |
| NOKIA OYJ 6,625 09-150539 | 2.000.000 | USD | 2.390.736,76 | 1.892.429,10 | 2,08% |
| TELENET FINANCE 5,50 17-010328 | 800.000 | USD | 731.524,37 | 669.920,13 | 0,73% |
| TRIVIUM PACKAGING 8,50 19-150827 | 1.000.000 | USD | 927.027,27 | 899.904,35 | 0,99% |
| UBS GROUP FRN 20-PERPETUAL | 500.000 | USD | 431.294,74 | 430.329,04 | 0,47% |
| UBS GROUP FUNDING FRN 19-PERPETUAL | 500.000 | USD | 437.234,92 | 467.659,86 | 0,51% |
| Total DOLLAR DES ETATS-UNIS |  |  | 19.284.627,05 | 17.944.608,79 | 19,68% |
| SOUTH AFRICA 8,75 14-310144 | 80.000.000 | ZAR | 3.960.453,24 | 3.628.459,07 | 3,98% |
| Total RAND SUD-AFRICAIN |  |  | 3.960.453,24 | 3.628.459,07 | 3,98% |
| Total Obligations |  |  | 93.563.099,46 | 83.677.949,66 | 91,78% |
| Total Valeurs mobilières admises à la cote officielle d'une |  |  | 93.563.099,46 | 83.677.949,66 | 91,78% |

|  |
| --- |
| DPAM L BONDS HIGHER YIELD |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Autres valeurs mobilières |  |  |  |  |  |
| CIE FONCIERE FID 0,10 94-311222 | 492.680 | EUR | 0,01 | 0,00 | 0,00% |
| CIE FONCIERE FID STEP UP 93-311222 | 460.508 | EUR | 0,01 | 0,00 | 0,00% |
| UNICREDIT-MITSUBISHI FRN 09-151250 | 2.000.000 | EUR | 1.383.000,00 | 689.740,00 | 0,76% |
| Total EURO |  |  | 1.383.000,02 | 689.740,00 | 0,76% |
| Total Autres valeurs mobilières |  |  | 1.383.000,02 | 689.740,00 | 0,76% |
| Total du Portefeuille-Titres |  |  | 94.946.099,48 | 84.367.689,66 | 92,54% |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED |
|  |
| Dénomination | Nominal / Quantité | Devis e | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Obligations |  |  |  |  |  |
| AUSTRALIA 0,25 21-32 | 8.500.000 | AUD | 5.010.502,69 | 5.164.741,68 | 0,50% |
| AUSTRALIA 1,00 20-211131 | 11.500.000 | AUD | 6.671.517,71 | 6.034.219,09 | 0,59% |
| AUSTRALIA 2,75 15-211127 | 3.000.000 | AUD | 2.017.233,76 | 1.924.155,62 | 0,19% |
| AUSTRALIA 3,00 16-210347 | 9.000.000 | AUD | 6.712.027,02 | 5.168.184,96 | 0,50% |
| AUSTRALIA 3,25 13-210425 | 18.000.000 | AUD | 12.173.335,68 | 11.932.555,00 | 1,16% |
| AUSTRALIA GOVT 2,75 18-210541 | 4.000.000 | AUD | 2.896.010,00 | 2.267.188,47 | 0,22% |
| AUSTRALIA -INFLATION LINKED- 2,50 10-200930 | 1.500.000 | AUD | 1.386.981,34 | 1.386.322,23 | 0,14% |
| AUSTRALIAN GOVT 2,25 17-211122 | 16.300.000 | AUD | 11.202.505,78 | 10.737.082,91 | 1,05% |
| Total DOLLAR AUSTRALIEN |  |  | 48.070.113,98 | 44.614.449,96 | 4,35% |
| CANADA 0,25 21-23 | 13.200.000 | CAD | 9.475.907,80 | 9.570.991,06 | 0,93% |
| CANADA 1,00 16-010627 | 46.000.000 | CAD | 30.465.837,38 | 30.904.134,07 | 3,01% |
| CANADA 1,75 21-53 | 3.500.000 | CAD | 1.862.775,61 | 1.881.248,37 | 0,18% |
| CANADA 2,25 22-011229 | 11.000.000 | CAD | 7.861.739,61 | 7.684.338,73 | 0,75% |
| CANADA 3,50 11-011245 | 10.500.000 | CAD | 9.601.275,70 | 8.171.554,63 | 0,80% |
| CANADA -INFLATION LINKED- 4,00 99-011231 | 1.500.000 | CAD | 2.237.934,49 | 2.297.894,63 | 0,22% |
| CANADIAN GOVT 1,25 19-010630 | 28.700.000 | CAD | 19.275.227,27 | 18.401.370,36 | 1,79% |
| Total DOLLAR CANADIEN |  |  | 80.780.697,86 | 78.911.531,85 | 7,69% |
| SWISS CONFEDERATION 0,50 15-270530 | 17.000.000 | CHF | 17.341.851,61 | 16.570.541,52 | 1,61% |
| SWITZERLAND 0,50 18-270632 | 35.000.000 | CHF | 33.925.513,54 | 33.260.665,40 | 3,24% |
| SWITZERLAND 1,50 13-240725 | 18.500.000 | CHF | 19.168.030,37 | 19.200.242,28 | 1,87% |
| SWITZERLAND 3,25 07-270627 | 12.000.000 | CHF | 13.656.933,95 | 13.597.322,41 | 1,33% |
| Total FRANC SUISSE |  |  | 84.092.329,47 | 82.628.771,61 | 8,05% |
| DENMARK 0,00 20-31 | 50.000.000 | DKK | 5.722.532,87 | 5.732.386,22 | 0,56% |
| DENMARK KINGDOM 0,50 18-151129 | 315.000.000 | DKK | 44.395.391,64 | 39.240.249,30 | 3,82% |
| DENMARK KINGDOM 1,50 11-151123 | 60.000.000 | DKK | 8.759.638,43 | 8.174.890,58 | 0,80% |
| Total COURONNE DANOISE |  |  | 58.877.562,94 | 53.147.526,10 | 5,18% |
| AUSTRIA 0,75 18-200228 | 33.500.000 | EUR | 35.067.970,00 | 32.284.285,00 | 3,15% |
| AUSTRIA 1,85 22-49 | 6.300.000 | EUR | 6.265.602,00 | 5.804.316,00 | 0,57% |
| AUSTRIA 2,10 17-200917 | 1.000.000 | EUR | 1.188.132,00 | 865.315,00 | 0,08% |
| AUSTRIA 2,40 13-230534 | 3.000.000 | EUR | 4.019.894,45 | 3.132.000,00 | 0,31% |
| BELGIUM KINGDOM OLO 1,25 18-220433 | 13.000.000 | EUR | 14.434.410,00 | 12.113.985,00 | 1,18% |
| BELGIUM KINGDOM OLO 88 1,7 19-22062050 | 8.500.000 | EUR | 9.960.188,00 | 6.995.287,50 | 0,68% |
| BELGIUM OLO 0,20 16-221023 | 20.000.000 | EUR | 20.314.248,11 | 19.923.100,00 | 1,94% |
| BELGIUM OLO 87 0,90 19-220629 | 14.500.000 | EUR | 15.963.551,63 | 13.865.262,50 | 1,35% |
| BUNDESREPUB DEUTSCH 0,00 22-150232 | 16.500.000 | EUR | 15.612.086,14 | 14.526.022,50 | 1,42% |
| EFSF 0,375 17-24 | 1.500.000 | EUR | 1.492.200,00 | 1.474.957,50 | 0,14% |
| EIB 0,875 15-130924 | 1.000.000 | EUR | 1.006.200,00 | 995.310,00 | 0,10% |
| EIB 2,125 14-24 | 15.000.000 | EUR | 15.451.000,00 | 15.283.050,00 | 1,49% |
| ESM 0,00 20-24 | 6.000.000 | EUR | 5.889.600,00 | 5.836.110,00 | 0,57% |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED |
|  |
| Dénomination | Nominal / Quantité | Devis e | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| EUROPEAN 0,20 18-24 | 1.500.000 | EUR | 1.489.050,00 | 1.473.990,00 | 0,14% |
| EUROPEAN INVESTMENT BANK 4,125 07-150424 | 2.000.000 | EUR | 2.135.661,00 | 2.110.940,00 | 0,21% |
| EUROPEAN STABILITY MECHANISM 2,125 13-201123 | 2.096.000 | EUR | 2.163.554,08 | 2.133.738,48 | 0,21% |
| EUROP STABIL MECHA 0,125 16-220424 | 1.000.000 | EUR | 992.650,00 | 985.090,00 | 0,10% |
| EURO STABILITY MECHANISM 0,10 18-310723 | 1.000.000 | EUR | 1.001.795,00 | 994.430,00 | 0,10% |
| EXPORT DEVELOPMENT 0,00 20-270125 | 4.600.000 | EUR | 4.652.808,00 | 4.444.221,00 | 0,43% |
| FINLAND 1,125 18-150434 | 6.000.000 | EUR | 6.767.708,69 | 5.459.070,00 | 0,53% |
| FINLAND 2,75 12-040728 | 22.000.000 | EUR | 26.787.264,09 | 23.728.430,00 | 2,31% |
| FRANCE IL 0,10 21-38 | 10.300.000 | EUR | 11.942.704,87 | 11.051.898,87 | 1,08% |
| FRANCE OA 0,00 21-27 | 13.000.000 | EUR | 12.456.400,00 | 12.242.035,00 | 1,19% |
| FRANCE OAT 1,25 17-250534 | 7.000.000 | EUR | 8.042.783,86 | 6.389.670,00 | 0,62% |
| FRANCE OAT 1,50 18-250550 | 4.000.000 | EUR | 5.020.055,00 | 3.250.720,00 | 0,32% |
| FRANCE OAT 1,75 17-250639 | 19.500.000 | EUR | 22.557.141,00 | 18.242.250,00 | 1,78% |
| FRANCE OAT -INFLATION LINKED- 0,10 19-010329 | 6.000.000 | EUR | 6.828.038,68 | 6.992.947,53 | 0,68% |
| FRANCE TREASURY 0,00 21-250532 | 11.000.000 | EUR | 9.487.380,00 | 9.119.330,00 | 0,89% |
| GERMANY 0,00 18-23 | 13.000.000 | EUR | 12.983.620,00 | 12.972.375,00 | 1,26% |
| GERMANY 0,00 21-31 | 6.000.000 | EUR | 5.530.020,00 | 5.348.850,00 | 0,52% |
| IRELAND 1,35 18-180331 | 32.000.000 | EUR | 35.780.624,24 | 30.958.240,00 | 3,02% |
| IRISH TREASURY 1,00 16-150526 | 17.000.000 | EUR | 17.895.190,29 | 16.929.110,00 | 1,65% |
| IRISH TREASURY 1,50 19-150550 | 11.500.000 | EUR | 12.110.430,00 | 9.259.167,50 | 0,90% |
| KFW 0,00 20-151227 | 17.000.000 | EUR | 16.239.390,00 | 15.621.725,00 | 1,52% |
| KFW 0,125 22-090132 | 22.000.000 | EUR | 20.138.424,00 | 18.519.930,00 | 1,80% |
| KFW 0,625 17-220227 | 18.000.000 | EUR | 18.832.063,78 | 17.318.430,00 | 1,69% |
| KFW 1,25 16-040736 | 11.500.000 | EUR | 12.765.725,49 | 10.057.727,50 | 0,98% |
| KFW 1,375 22-32 | 3.000.000 | EUR | 2.984.540,00 | 2.835.330,00 | 0,28% |
| KFW 2,00 22-29 | 750.000 | EUR | 743.805,00 | 760.871,25 | 0,07% |
| LUXEMBOURG 0,625 17-010227 | 700.000 | EUR | 697.640,00 | 671.030,50 | 0,07% |
| NETHERLANDS GOVT 0,50 19-150140 | 11.750.000 | EUR | 12.837.605,48 | 9.239.318,75 | 0,90% |
| REPUBLIKA SLOVENIJA 1,25 17-220327 | 30.000.000 | EUR | 32.318.676,14 | 29.856.300,00 | 2,91% |
| REPUBLIKA SLOVENIJA 1,50 15-250335 | 18.500.000 | EUR | 19.723.234,50 | 16.340.772,50 | 1,59% |
| SLOVENIA 0,00 21-120231 | 3.000.000 | EUR | 2.997.360,00 | 2.472.405,00 | 0,24% |
| SLOVENIA 0,125 21-010731 | 10.000.000 | EUR | 10.206.280,00 | 8.301.350,00 | 0,81% |
| Total EURO |  |  | 503.774.705,52 | 449.180.694,88 | 43,78% |
| KFW 1,25 22-310726 | 9.000.000 | GBP | 10.715.121,78 | 10.006.174,49 | 0,98% |
| UK ILB 0,125 18-28 | 5.500.000 | GBP | 8.471.673,09 | 7.116.136,15 | 0,69% |
| UK TREA 1,75 12-22 | 3.000.000 | GBP | 3.511.624,37 | 3.488.545,54 | 0,34% |
| UK TREASURY 1,25 17-220727 | 11.000.000 | GBP | 13.259.492,49 | 12.386.820,40 | 1,21% |
| UK TREASURY 3,50 14-220145 | 11.000.000 | GBP | 18.401.329,16 | 14.664.323,89 | 1,43% |
| UK TREASURY -INFLATION LINKED- 0,125 15-220346 | 2.200.000 | GBP | 4.232.942,31 | 4.109.986,48 | 0,40% |
| UNITED KINGDOM GILT 0,875 21-310733 | 5.500.000 | GBP | 6.414.614,67 | 5.479.617,80 | 0,53% |
| Total LIVRE STERLING |  |  | 65.006.797,87 | 57.251.604,75 | 5,58% |
| JAPAN 0,10 19-200929 | 300.000.000 | JPY | 2.542.913,83 | 2.103.194,65 | 0,20% |
| JAPAN GOVT 0,70 21-200951 | 100.000.000 | JPY | 776.300,11 | 618.497,62 | 0,06% |
| JAPAN -INFLATION LINKED- 0,20 20-100330 | 1.500.000.000 | JPY | 12.023.902,55 | 11.582.925,24 | 1,13% |
| JAPAN TREASURY 0,005 21-201226 | 509.000.000 | JPY | 3.857.148,22 | 3.586.625,75 | 0,35% |
| JAPAN TREASURY 0,10 17-200927 | 1.130.000.000 | JPY | 9.394.100,67 | 7.983.374,59 | 0,78% |
| JAPAN TREASURY 0,10 21-200631 | 500.000.000 | JPY | 3.880.527,86 | 3.476.527,61 | 0,34% |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED |
|  |
| Dénomination | Nominal / Quantité | Devis e | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Total YEN JAPONAIS |  |  | 32.474.893,24 | 29.351.145,46 | 2,86% |
| NORWAY 1,75 15-130325 | 3.200.000 | NOK | 320.395,35 | 300.373,23 | 0,03% |
| NORWAY 2,00 18-260428 | 200.000.000 | NOK | 20.380.437,21 | 18.341.619,27 | 1,79% |
| Total COURONNE NORVÉGIENNE |  |  | 20.700.832,56 | 18.641.992,50 | 1,82% |
| NEW ZEALAND 1,50 19-150531 | 18.000.000 | NZD | 10.670.008,51 | 8.954.985,28 | 0,87% |
| NEW ZEALAND 1,75 20-150541 | 22.000.000 | NZD | 10.561.372,69 | 9.224.966,55 | 0,90% |
| NEW ZEALAND 2,75 16-150437 | 3.000.000 | NZD | 1.972.567,87 | 1.555.300,48 | 0,15% |
| NEW ZEALAND 4,50 14-150427 | 64.000.000 | NZD | 43.974.422,50 | 39.712.010,46 | 3,87% |
| NEW ZEALAND 5,50 11-150423 | 21.300.000 | NZD | 14.487.876,84 | 12.891.221,86 | 1,26% |
| NEW ZEALAND GOVT 2,00 21-150532 | 22.500.000 | NZD | 12.786.681,13 | 11.497.085,85 | 1,12% |
| Total DOLLAR NEO-ZÉLANDAIS |  |  | 94.452.929,54 | 83.835.570,48 | 8,17% |
| SWEDEN 0,125 19-120531 | 100.000.000 | SEK | 9.107.659,29 | 8.151.150,69 | 0,79% |
| SWEDEN 1,00 14-121126 | 196.500.000 | SEK | 19.175.144,25 | 17.741.337,28 | 1,73% |
| SWEDEN 3,50 09-300339 | 81.000.000 | SEK | 10.771.488,06 | 9.506.044,44 | 0,93% |
| SWEDEN -INFLATION LINKED- 0,125 17-011227 | 35.000.000 | SEK | 4.120.913,72 | 4.004.345,12 | 0,39% |
| Total COURONNE SUÉDOISE |  |  | 43.175.205,32 | 39.402.877,53 | 3,84% |
| CANADA 2,875 22-25 | 10.500.000 | USD | 9.820.733,32 | 9.986.424,51 | 0,97% |
| EIB 0,375 21-240724 | 8.500.000 | USD | 7.433.449,29 | 7.705.287,20 | 0,75% |
| EIB 1,75 22-29 | 12.000.000 | USD | 10.509.926,10 | 10.494.849,11 | 1,02% |
| EUROPEAN INVESTMENT 0,375 21-260326 | 32.500.000 | USD | 27.185.980,00 | 28.071.488,35 | 2,74% |
| Total DOLLAR DES ETATS-UNIS |  |  | 54.950.088,71 | 56.258.049,17 | 5,48% |
| Total Obligations |  |  | 1.086.356.157,01 | 993.224.214,29 | 96,80% |
| Instruments du marché monétaire |  |  |  |  |  |
| FRENCH TREASURY BILLS 0,00 21-301122 | 12.000.000 | EUR | 12.040.284,29 | 12.010.140,00 | 1,17% |
| GERMAN 0,00 21-22 | 18.000.000 | EUR | 18.027.522,00 | 18.011.340,00 | 1,76% |
| GERMANY 0,00 21-22 | 10.000.000 | EUR | 10.005.477,10 | 10.004.950,00 | 0,98% |
| Total EURO |  |  | 40.073.283,39 | 40.026.430,00 | 3,90% |
| JAPAN 0,00 22-22 | 2.660.000.000 | JPY | 18.492.128,12 | 18.737.716,95 | 1,83% |
| Total YEN JAPONAIS |  |  | 18.492.128,12 | 18.737.716,95 | 1,83% |
| Total Instruments du marché monétaire |  |  | 58.565.411,51 | 58.764.146,95 | 5,73% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 1.144.921.568,52 | 1.051.988.361,24 | 102,53% |
| Total du Portefeuille-Titres |  |  | 1.144.921.568,52 | 1.051.988.361,24 | 102,53% |

|  |
| --- |
| DPAM L EQUITIES CONVICTION RESEARCH |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Actions Cotées ou Négociées |  |  |  |  |  |
| LONZA GROUP A.G. -REG- | 16.750 | CHF | 5.015.382,28 | 8.518.083,72 | 3,15% |
| NESTLE -REG- | 90.000 | CHF | 7.961.001,33 | 10.020.581,48 | 3,71% |
| NOVARTIS -REG- | 105.000 | CHF | 7.734.249,24 | 8.481.616,55 | 3,14% |
| Total FRANC SUISSE |  |  | 20.710.632,85 | 27.020.281,75 | 10,00% |
| DSV A/S | 43.000 | DKK | 4.280.818,59 | 5.731.290,30 | 2,12% |
| Total COURONNE DANOISE |  |  | 4.280.818,59 | 5.731.290,30 | 2,12% |
| AIR LIQUIDE | 60.500 | EUR | 5.909.626,03 | 7.751.260,00 | 2,87% |
| ALD S.A. | 600.000 | EUR | 7.046.657,33 | 6.672.000,00 | 2,47% |
| AMADEUS IT GROUP S.A. | 117.500 | EUR | 7.660.537,99 | 6.246.300,00 | 2,31% |
| AMUNDI S.A. | 132.500 | EUR | 7.619.903,20 | 6.916.500,00 | 2,56% |
| ASM INTERNATIONAL | 23.750 | EUR | 7.802.274,14 | 5.666.750,00 | 2,10% |
| BEIERSDORF A.G. | 120.000 | EUR | 11.709.241,53 | 11.697.600,00 | 4,33% |
| CELLNEX TELECOM S.A. | 180.000 | EUR | 7.577.085,33 | 6.665.400,00 | 2,47% |
| FERRARI N.V. | 39.750 | EUR | 5.780.333,88 | 6.964.200,00 | 2,58% |
| GRIFOLS S.A. | 487.500 | EUR | 12.452.743,58 | 8.792.062,50 | 3,25% |
| IBERDROLA S.A. | 1.042.083 | EUR | 9.952.392,24 | 10.312.453,37 | 3,82% |
| INTERPUMP GROUP SpA | 147.500 | EUR | 4.061.554,15 | 5.366.050,00 | 1,99% |
| KBC GROUP S.A. | 138.750 | EUR | 9.517.804,29 | 7.428.675,00 | 2,75% |
| KERRY GROUP PLC | 98.750 | EUR | 10.463.451,53 | 9.019.825,00 | 3,34% |
| SAP A.G. | 65.500 | EUR | 6.599.532,44 | 5.693.915,00 | 2,11% |
| SCHNEIDER ELECTRIC SE | 57.500 | EUR | 4.830.278,55 | 6.491.750,00 | 2,40% |
| SODEXO | 131.000 | EUR | 10.590.875,30 | 8.784.860,00 | 3,25% |
| STELLANTIS N.V. | 437.500 | EUR | 6.714.870,12 | 5.159.000,00 | 1,91% |
| TELEPERFORMANCE | 23.500 | EUR | 4.095.968,10 | 6.892.550,00 | 2,55% |
| TOTALENERGIES SE | 242.500 | EUR | 12.216.659,35 | 12.214.725,00 | 4,52% |
| UCB | 77.500 | EUR | 7.603.821,22 | 6.249.600,00 | 2,31% |
| WORLDLINE S.A. | 166.750 | EUR | 8.064.423,22 | 5.899.615,00 | 2,18% |
| Total EURO |  |  | 168.270.033,52 | 156.885.090,87 | 58,06% |
| ASTRAZENECA PLC | 100.000 | GBP | 7.366.836,42 | 12.546.468,40 | 4,64% |
| BEAZLEY PLC | 1.340.000 | GBP | 7.393.626,45 | 7.767.890,33 | 2,87% |
| BURBERRY GROUP PLC | 425.000 | GBP | 8.333.590,35 | 8.102.056,23 | 3,00% |
| CRODA INTERNATIONAL PLC | 88.750 | GBP | 4.629.806,12 | 6.672.746,28 | 2,47% |
| LONDON STOCK EXCHANGE GROUP PLC | 90.000 | GBP | 7.470.018,77 | 7.979.553,90 | 2,95% |
| Total LIVRE STERLING |  |  | 35.193.878,11 | 43.068.715,14 | 15,94% |
| CFD.ORKLA ASA | 1.300.000 | NOK | 9.876.838,25 | 9.907.878,49 | 3,67% |
| EQUINOR ASA | 200.000 | NOK | 2.880.588,77 | 6.632.942,03 | 2,45% |
| Total COURONNE NORVÉGIENNE |  |  | 12.757.427,02 | 16.540.820,52 | 6,12% |
| ATLAS COPCO A | 600.000 | SEK | 4.944.352,06 | 5.352.487,36 | 1,98% |

|  |
| --- |
| DPAM L EQUITIES CONVICTION RESEARCH |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| EPIROC AKTIEBOLAG AK -A- | 420.000 | SEK | 8.194.978,47 | 6.192.296,38 | 2,29% |
| INTRUM AB | 350.000 | SEK | 7.459.646,10 | 6.375.575,81 | 2,36% |
| Total COURONNE SUÉDOISE |  |  | 20.598.976,63 | 17.920.359,55 | 6,63% |
| Total Actions Cotées ou Négociées |  |  | 261.811.766,72 | 267.166.558,13 | 98,87% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 261.811.766,72 | 267.166.558,13 | 98,87% |
| Autres valeurs mobilières |  |  |  |  |  |
| CHINA DIAMOND CORP. | 4.500.000 | USD | 214.411,18 | 0,00 | 0,00% |
| Total DOLLAR DES ETATS-UNIS |  |  | 214.411,18 | 0,00 | 0,00% |
| Total Autres valeurs mobilières |  |  | 214.411,18 | 0,00 | 0,00% |
| Total du Portefeuille-Titres |  |  | 262.026.177,90 | 267.166.558,13 | 98,87% |

|  |
| --- |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Obligations |  |  |  |  |  |
| ADEVINTA ASA 2,625 20-151125 | 2.000.000 | EUR | 1.993.000,00 | 1.805.700,00 | 0,44% |
| ADIENT GLOBAL HLDG 3,50 16-150824 | 2.000.000 | EUR | 2.084.376,00 | 1.808.690,00 | 0,44% |
| ALTICE FRANCE OAT 2,125 20-150225 | 11.000.000 | EUR | 10.711.605,00 | 9.543.105,00 | 2,30% |
| ALTICE FRANCE S.A. 2,50 19-150125 | 6.000.000 | EUR | 5.910.000,00 | 5.258.220,00 | 1,27% |
| ARAMARK INTERNATIONAL FINANCE 3,125 17-010425 | 2.000.000 | EUR | 2.029.825,00 | 1.798.840,00 | 0,43% |
| AREVA S.A. 4,875 09-230924 | 6.000.000 | EUR | 6.846.417,00 | 6.068.670,00 | 1,46% |
| ARGAN 3,25 17-040723 | 900.000 | EUR | 929.550,00 | 901.584,00 | 0,22% |
| AVANTOR FUNDING 2,625 20-011125 | 1.315.000 | EUR | 1.351.307,15 | 1.228.065,35 | 0,30% |
| AVIS BUDGET FINANCE 4,50 17-150525 | 5.500.000 | EUR | 5.628.755,00 | 5.144.507,50 | 1,24% |
| AVIS BUDGET FINANCE 4,75 18-300126 | 200.000 | EUR | 203.082,00 | 181.864,00 | 0,04% |
| AVIS BUDGET FINANCE PLC 4,125 16-151124 | 500.000 | EUR | 510.817,50 | 479.000,00 | 0,12% |
| AXALTA COATING SYSTEMS 3,75 16-150125 | 1.750.000 | EUR | 1.783.919,75 | 1.588.300,00 | 0,38% |
| BANIJAY ENTERT 3,50 20-010325 | 6.500.000 | EUR | 6.563.015,00 | 5.819.612,50 | 1,40% |
| CELLNEX TELECOM 2,875 17-180425 | 5.000.000 | EUR | 5.253.055,00 | 4.863.900,00 | 1,17% |
| CMA CGM 7,50 20-150126 | 6.000.000 | EUR | 6.552.865,00 | 6.157.620,00 | 1,48% |
| CONSTELLIUM 4,25 17-150226 | 6.250.000 | EUR | 6.288.955,00 | 5.675.312,50 | 1,37% |
| CROWN EUROPEAN HLDG 0,75 19-150223 | 1.300.000 | EUR | 1.300.598,00 | 1.273.031,50 | 0,31% |
| CROWN EUROPEAN HLDG 2,25 18-010223 | 8.300.000 | EUR | 8.651.406,68 | 8.231.234,50 | 1,98% |
| CROWN EUROPEAN HLDG 2,625 16-300924 | 2.000.000 | EUR | 2.104.710,00 | 1.909.370,00 | 0,46% |
| DKT FINANCE APS 7,00 18-170623 | 5.170.000 | EUR | 5.463.951,67 | 4.925.459,00 | 1,19% |
| DRAX FINCO PLC 2,625 20-011125 | 2.500.000 | EUR | 2.577.000,00 | 2.290.825,00 | 0,55% |
| EIRCOM FINANCE 1,75 19-011124 | 10.000.000 | EUR | 9.919.250,00 | 9.314.450,00 | 2,25% |
| ELIS S.A. 1,00 19-030425 | 15.600.000 | EUR | 15.648.511,08 | 14.171.040,00 | 3,42% |
| FAURECIA 2,625 18-150625 | 6.000.000 | EUR | 6.053.752,00 | 5.202.300,00 | 1,25% |
| FNAC DARTY S.A. 1,875 19-300524 | 7.400.000 | EUR | 7.376.916,00 | 6.997.810,00 | 1,69% |
| FORD MOTOR CREDIT 1,355 18-070225 | 12.900.000 | EUR | 13.021.135,00 | 11.474.292,00 | 2,77% |
| FORD MOTOR CREDIT 2,386 19-170226 | 2.000.000 | EUR | 2.004.600,00 | 1.755.530,00 | 0,42% |
| FORD MOTOR CREDIT 3,021 19-060324 | 5.000.000 | EUR | 5.172.916,67 | 4.808.225,00 | 1,16% |
| GOLDSTORY SAS 5,375 21-010326 | 3.000.000 | EUR | 3.013.300,00 | 2.545.830,00 | 0,61% |
| ILIAD S.A. 1,875 18-250425 | 7.000.000 | EUR | 7.051.000,00 | 6.337.275,00 | 1,53% |
| INDUSTRIAL POWER 1,125 19-090326 | 6.000.000 | EUR | 5.721.240,00 | 5.440.650,00 | 1,31% |
| IQVIA INC. 1,75 21-150326 | 9.000.000 | EUR | 8.836.700,00 | 7.951.905,00 | 1,92% |
| JAGUAR LAND ROVER 2,20 17-150124 | 10.800.000 | EUR | 10.577.250,00 | 9.783.504,00 | 2,36% |
| JAGUAR LAND ROVER 5,875 19-151124 | 2.500.000 | EUR | 2.678.125,00 | 2.307.287,50 | 0,56% |
| LIMACORPORATE SpA FRN 17-150823 | 970.000 | EUR | 944.601,00 | 927.412,15 | 0,22% |
| LKQ ITALIA BONDCO 3,875 16-010424 | 5.000.000 | EUR | 5.403.750,00 | 5.018.600,00 | 1,21% |
| LOXAM SAS 4,25 17-150424 | 7.000.000 | EUR | 7.078.750,00 | 6.741.525,00 | 1,63% |
| MATTERHORN TELECOM 2,625 19-150924 | 6.000.000 | EUR | 6.094.300,00 | 5.853.210,00 | 1,41% |
| MONITCHEM HOLDCO 5,25 19-150325 | 1.250.000 | EUR | 1.278.977,50 | 1.150.431,25 | 0,28% |
| NETFLIX INC. 3,00 20-150625 | 6.500.000 | EUR | 6.720.950,00 | 6.343.577,50 | 1,53% |
| NEXANS 2,75 17-050424 | 3.500.000 | EUR | 3.689.500,00 | 3.468.920,00 | 0,84% |
| NEXI SpA 1,75 19-311024 | 5.000.000 | EUR | 5.114.500,00 | 4.633.575,00 | 1,12% |
| NIDDA HEALTHCARE 3,50 17-300924 | 3.000.000 | EUR | 3.047.100,00 | 2.666.190,00 | 0,64% |
| NOKIA CORP. 2,375 20-150525 | 8.000.000 | EUR | 8.408.967,40 | 7.720.840,00 | 1,86% |
| NORICAN GROUP 4,50 17-150523 | 4.000.000 | EUR | 3.949.000,00 | 3.532.420,00 | 0,85% |
| OCI N.V. 3,625 20-151025 | 1.000.000 | EUR | 924.300,00 | 883.314,00 | 0,21% |

|  |
| --- |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| OI EUROPEAN GROUP 3,125 16-151124 | 8.400.000 | EUR | 8.718.970,00 | 7.951.272,00 | 1,92% |
| PAPREC HLDG S.A. 4,00 18-310325 | 4.100.000 | EUR | 4.174.654,48 | 3.589.345,00 | 0,87% |
| PARTS EUROPE 6,50 20-160725 | 11.150.000 | EUR | 11.659.635,50 | 11.175.979,50 | 2,69% |
| PEACH PROPERTY FINANCE 3,50 19-150223 | 4.500.000 | EUR | 4.455.330,00 | 3.862.327,50 | 0,93% |
| PIAGGIO 3,625 18-300425 | 1.800.000 | EUR | 1.835.860,00 | 1.717.677,00 | 0,41% |
| PPF TELECOM 3,50 20-200524 | 5.000.000 | EUR | 5.269.250,00 | 4.927.375,00 | 1,19% |
| QUATRIM SAS 5,875 19-150124 | 2.000.000 | EUR | 2.094.160,00 | 1.910.960,00 | 0,46% |
| QUINTILES IMS INC. 2,875 17-150925 | 2.000.000 | EUR | 2.009.600,00 | 1.923.750,00 | 0,46% |
| RENAULT S.A. S.A. 1,25 19-240625 | 12.000.000 | EUR | 11.933.525,00 | 10.443.300,00 | 2,52% |
| RUBIS TERMINAL INF 5,625 20-150525 | 13.258.000 | EUR | 13.992.277,20 | 12.863.707,08 | 3,10% |
| SCHAEFFLER FINANCE B.V. 1,875 19-260324 | 2.000.000 | EUR | 2.063.692,85 | 1.927.460,00 | 0,46% |
| SILGAN HLDG INC. 3,25 17-150325 | 6.000.000 | EUR | 6.046.075,00 | 5.682.840,00 | 1,37% |
| SOFTBK GROUP 2,125 21-060724 | 12.000.000 | EUR | 12.000.000,00 | 10.835.520,00 | 2,61% |
| SOFTBK GROUP CORP.4,00 18-200423 | 7.000.000 | EUR | 7.528.405,28 | 6.834.975,00 | 1,65% |
| SPCM S.A. 2,00 20-010226 | 6.000.000 | EUR | 5.841.500,00 | 5.456.310,00 | 1,32% |
| SPIE S.A. 3,125 17-220324 | 10.000.000 | EUR | 10.398.184,00 | 9.917.950,00 | 2,39% |
| SYNTHOMER PLC 3,875 20-010725 | 2.500.000 | EUR | 2.607.500,00 | 2.272.725,00 | 0,55% |
| TECHEM VERWAL 2,00 20-150725 | 11.000.000 | EUR | 10.896.830,00 | 9.672.300,00 | 2,33% |
| TELECOM ITALIA SpA 2,75 19-150425 | 10.000.000 | EUR | 10.571.980,00 | 9.309.050,00 | 2,24% |
| TELECOM ITALIA SpA 3,625 16-190124 | 6.600.000 | EUR | 7.161.593,84 | 6.520.866,00 | 1,57% |
| TEREOS 4,125 16-160623 | 2.000.000 | EUR | 2.057.480,00 | 1.989.840,00 | 0,48% |
| TEREOS FINANCE 7,50 20-301025 | 13.500.000 | EUR | 14.311.480,00 | 13.290.615,00 | 3,20% |
| VERISURE HLDG AB 3,50 18-150523 | 4.000.000 | EUR | 3.932.020,00 | 3.898.600,00 | 0,94% |
| VOLVO CAR AB 2,00 17-240125 | 13.000.000 | EUR | 13.506.990,01 | 12.164.490,00 | 2,93% |
| WIENERBERGER A.G. 2,75 20-040625 | 4.000.000 | EUR | 4.314.381,50 | 3.858.960,00 | 0,93% |
| ZF EUROPE FINANCE 1,25 19-231023 | 2.000.000 | EUR | 1.986.100,00 | 1.903.320,00 | 0,46% |
| ZF FINANCE GMBH 3,00 20-210925 | 5.000.000 | EUR | 5.270.165,00 | 4.402.350,00 | 1,06% |
| ZF NORTH AMERICA CAP 2,75 15-270423 | 5.000.000 | EUR | 5.062.145,83 | 4.932.375,00 | 1,19% |
| Total EURO |  |  | 426.167.387,89 | 389.219.263,33 | 93,84% |
| Total Obligations |  |  | 426.167.387,89 | 389.219.263,33 | 93,84% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 426.167.387,89 | 389.219.263,33 | 93,84% |
| Total du Portefeuille-Titres |  |  | 426.167.387,89 | 389.219.263,33 | 93,84% |

|  |
| --- |
| DPAM L PATRIMONIAL FUND |
|  |
| Dénomination | Nominal / Quantité | Devis e | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Actions Cotées ou Négociées |  |  |  |  |  |
| LONZA GROUP A.G. -REG- | 1.050 | CHF | 458.957,44 | 533.969,43 | 0,44% |
| POLYPEPTIDE GROUP A.G. | 2.395 | CHF | 138.846,86 | 156.013,59 | 0,13% |
| ROCHE HLDG A.G. -PARTICIPATION CERTIFICATE- | 1.600 | CHF | 443.917,46 | 509.221,70 | 0,42% |
| SIG GROUP A.G. | 29.000 | CHF | 552.574,14 | 609.031,87 | 0,50% |
| Total FRANC SUISSE |  |  | 1.594.295,90 | 1.808.236,59 | 1,49% |
| AMADEUS IT GROUP S.A. | 9.000 | EUR | 501.637,10 | 478.440,00 | 0,39% |
| ASML HOLDING NV | 1.200 | EUR | 359.716,77 | 547.020,00 | 0,45% |
| CELLNEX TELECOM S.A. | 11.000 | EUR | 536.771,71 | 407.330,00 | 0,34% |
| EDP ENERGIAS -REG- | 150.000 | EUR | 708.560,74 | 667.800,00 | 0,55% |
| HANNOVER RUECK SE | 4.500 | EUR | 696.521,12 | 623.250,00 | 0,51% |
| INFINEON TECHNOLOGIES | 21.000 | EUR | 522.231,15 | 484.890,00 | 0,40% |
| KINGSPAN GROUP PLC | 6.000 | EUR | 456.552,44 | 344.400,00 | 0,28% |
| MEDIOBANCA | 55.700 | EUR | 431.106,42 | 459.970,60 | 0,38% |
| MERCK KGAA | 2.900 | EUR | 359.182,91 | 466.900,00 | 0,38% |
| UCB | 5.000 | EUR | 406.762,06 | 403.200,00 | 0,33% |
| UNIVERSAL MUSIC GROUP N.V. | 25.000 | EUR | 612.325,25 | 478.350,00 | 0,39% |
| WORLDLINE S.A. | 5.000 | EUR | 352.075,00 | 176.900,00 | 0,15% |
| Total EURO |  |  | 5.943.442,67 | 5.538.450,60 | 4,57% |
| BEAZLEY PLC | 115.000 | GBP | 567.529,85 | 666.647,30 | 0,55% |
| Total LIVRE STERLING |  |  | 567.529,85 | 666.647,30 | 0,55% |
| ALIBABA GROUP HLDG LTD | 40.000 | HKD | 978.079,61 | 545.614,12 | 0,45% |
| HONG KONG EXCHANGES & CLEARING | 14.500 | HKD | 514.172,09 | 682.261,45 | 0,56% |
| Total DOLLAR DE HONG-KONG |  |  | 1.492.251,70 | 1.227.875,57 | 1,01% |
| HOYA CORP. | 7.000 | JPY | 691.779,16 | 569.000,91 | 0,47% |
| KEYENCE CORP. | 2.200 | JPY | 718.885,67 | 704.162,83 | 0,58% |
| NIDEC CORP. | 9.400 | JPY | 583.579,63 | 538.864,95 | 0,44% |
| SONY GROUP CORP. | 6.500 | JPY | 416.788,40 | 492.203,56 | 0,41% |
| Total YEN JAPONAIS |  |  | 2.411.032,86 | 2.304.232,25 | 1,90% |
| DNB BANK ASA | 29.500 | NOK | 462.734,30 | 504.245,43 | 0,42% |
| LEROY SEAFOOD GROUP ASA | 65.550 | NOK | 368.589,06 | 443.928,11 | 0,37% |
| Total COURONNE NORVÉGIENNE |  |  | 831.323,36 | 948.173,54 | 0,78% |
| ASSA ABLOY AB -B- | 24.000 | SEK | 456.320,14 | 486.803,60 | 0,40% |
| BOLIDEN AB | 10.600 | SEK | 262.442,46 | 321.913,72 | 0,27% |
| EPIROC AKTIEBOLAG AK -A- | 20.000 | SEK | 385.880,37 | 294.871,26 | 0,24% |
| Total COURONNE SUÉDOISE |  |  | 1.104.642,97 | 1.103.588,58 | 0,91% |

|  |
| --- |
| DPAM L PATRIMONIAL FUND |
|  |
| Dénomination | Nominal / Quantité | Devis e | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| A.O.SMITH CORP. | 10.000 | USD | 482.645,66 | 523.028,36 | 0,43% |
| ACCENTURE PLC -A- | 1.900 | USD | 320.629,59 | 504.600,89 | 0,42% |
| ACTIVISION BLIZZARD INC. | 9.500 | USD | 568.639,85 | 707.513,51 | 0,58% |
| AGILENT TECHNOLOGIES INC. | 5.500 | USD | 450.287,64 | 624.836,19 | 0,52% |
| ALIGN TECHNOLOGY INC. | 1.500 | USD | 627.762,19 | 339.571,48 | 0,28% |
| ALPHABET INC. -C- | 280 | USD | 334.718,83 | 585.858,72 | 0,48% |
| BOOKING HLDG INC. | 310 | USD | 509.914,95 | 518.615,81 | 0,43% |
| COMCAST CORP. -A- | 16.000 | USD | 616.294,43 | 600.545,22 | 0,50% |
| DANAHER CORP. | 2.500 | USD | 413.889,86 | 606.246,11 | 0,50% |
| INTUITIVE SURGICAL INC. | 3.000 | USD | 627.284,62 | 575.952,94 | 0,47% |
| MARSH & MC LENNAN | 4.000 | USD | 342.034,70 | 594.002,58 | 0,49% |
| MASTERCARD INC - A | 1.650 | USD | 401.084,56 | 497.911,90 | 0,41% |
| MERCK & CO. INC | 7.000 | USD | 421.363,42 | 610.445,26 | 0,50% |
| MICROSOFT CORP. | 2.500 | USD | 703.242,75 | 614.161,37 | 0,51% |
| NORFOLK SOUTHERN CORP. | 2.300 | USD | 359.230,09 | 500.040,17 | 0,41% |
| PARKER-HANNIFINANCE CORP. | 2.300 | USD | 444.396,12 | 541.312,35 | 0,45% |
| PAYPAL HLDG INC. | 3.500 | USD | 579.185,46 | 233.813,19 | 0,19% |
| PNC FINANCIAL SERVICES GROUP | 3.800 | USD | 431.632,89 | 573.462,15 | 0,47% |
| PROGRESSIVE CORP.-OHIO | 5.500 | USD | 422.702,06 | 611.683,96 | 0,50% |
| ROSS STORES INC. | 6.100 | USD | 527.579,81 | 409.778,56 | 0,34% |
| SYSCO CORP. | 7.300 | USD | 440.396,25 | 591.499,35 | 0,49% |
| TAIWAN SEMICONDUCTOR MANUFACTERING -ADR-5 SHARE | 7.000 | USD | 734.624,89 | 547.371,95 | 0,45% |
| THERMO FISHER SCIENTIFIC INC. | 1.000 | USD | 478.173,70 | 519.661,39 | 0,43% |
| Total DOLLAR DES ETATS-UNIS |  |  | 11.237.714,32 | 12.431.913,41 | 10,25% |
| Total Actions Cotées ou Négociées |  |  | 25.182.233,63 | 26.029.117,84 | 21,46% |
| Obligations |  |  |  |  |  |
| AUSTRALIA 4,25 13-210426 | 2.700.000 | AUD | 2.108.443,02 | 1.847.955,40 | 1,52% |
| AUSTRALIA -INFLATION LINKED- 2,00 13-210835 | 1.000.000 | AUD | 929.835,45 | 837.372,97 | 0,69% |
| Total DOLLAR AUSTRALIEN |  |  | 3.038.278,47 | 2.685.328,37 | 2,21% |
| CANADA 2,25 18-010629 | 3.700.000 | CAD | 2.717.148,12 | 2.592.798,56 | 2,14% |
| CANADIAN GOVT 1,25 19-010630 | 1.800.000 | CAD | 1.226.891,18 | 1.154.092,92 | 0,95% |
| Total DOLLAR CANADIEN |  |  | 3.944.039,30 | 3.746.891,48 | 3,09% |
| ALLIANZ SE FRN 13-PERPETUAL | 1.700.000 | EUR | 1.848.651,00 | 1.709.086,50 | 1,41% |
| APPLE INC. 1,00 14-101122 | 3.500.000 | EUR | 3.582.278,00 | 3.509.922,50 | 2,89% |
| AT&T INC. 0,25 19-040326 | 1.700.000 | EUR | 1.709.219,50 | 1.578.756,00 | 1,30% |
| BANK OF AMERICA 0,75 16-260723 | 1.737.000 | EUR | 1.763.761,86 | 1.725.266,57 | 1,42% |
| BTPS 3,45 17-010348 | 600.000 | EUR | 861.750,00 | 591.153,00 | 0,49% |
| CHINA 0,625 20-251135 | 800.000 | EUR | 786.784,00 | 572.736,00 | 0,47% |
| CORP ANDINA FOMENTO 0,75 18-130623 | 2.700.000 | EUR | 2.745.743,00 | 2.693.277,00 | 2,22% |
| DEUTSCHLAND -INFLATION LINKED- 0,10 15-150426 | 500.000 | EUR | 569.864,70 | 617.296,98 | 0,51% |
| EDF FRN 13-PERPETUAL | 1.400.000 | EUR | 1.551.606,50 | 1.284.115,00 | 1,06% |
| EUROPEAN UNION 0,40 21-040237 | 400.000 | EUR | 404.022,00 | 307.812,00 | 0,25% |
| FRANCE OAT 2,25 13-250524 | 5.000.000 | EUR | 5.258.941,90 | 5.144.925,00 | 4,24% |
| FRANCE OAT -INFLATION LINKED- 0,70 13-250730 | 300.000 | EUR | 381.961,24 | 381.960,52 | 0,31% |

|  |
| --- |
| DPAM L PATRIMONIAL FUND |
|  |
| Dénomination | Nominal / Quantité | Devis e | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| GERMANY -INFLATION LINKED- 0,10 12-150423 | 2.773.000 | EUR | 3.071.854,40 | 3.414.063,96 | 2,81% |
| GLENCORE FINANCE 1,875 16-130923 | 1.000.000 | EUR | 1.036.251,50 | 985.440,00 | 0,81% |
| GRAND CITY PROPERTIES S.A. 1,50 18-220227 | 1.100.000 | EUR | 1.134.953,50 | 961.999,50 | 0,79% |
| ITALY BTP 1,65 20-011230 | 1.400.000 | EUR | 1.550.396,50 | 1.254.134,00 | 1,03% |
| ITALY BTP -INFLATION LINKED- 3,10 11-150926 | 800.000 | EUR | 1.055.344,61 | 1.111.588,24 | 0,92% |
| KBC GROUP S.A. FRN 19-PERPETUAL | 1.200.000 | EUR | 1.293.220,00 | 1.138.074,00 | 0,94% |
| LOGICOR FINANCING 1,625 19-150727 | 1.150.000 | EUR | 1.216.666,25 | 996.561,25 | 0,82% |
| MERLIN PROPERTIES SOCIMI 2,225 16-250423 | 1.000.000 | EUR | 1.032.217,50 | 1.003.405,00 | 0,83% |
| MEXICO BONOS 4,00 15-150315 | 1.100.000 | EUR | 1.138.220,68 | 779.427,00 | 0,64% |
| MORGAN STANLEY 1,75 15-300125 | 800.000 | EUR | 858.681,50 | 785.340,00 | 0,65% |
| NESTLE FINANCE INTERNATIONAL 0,125 20-121127 | 1.400.000 | EUR | 1.414.923,50 | 1.257.543,00 | 1,04% |
| ORANGE 2,50 12-010323 | 1.700.000 | EUR | 1.806.394,50 | 1.719.218,50 | 1,42% |
| PORTUGAL 0,475 20-181030 | 1.000.000 | EUR | 1.039.182,50 | 875.030,00 | 0,72% |
| RENAULT S.A. S.A. 1,00 17-281125 | 1.550.000 | EUR | 1.516.939,10 | 1.372.060,00 | 1,13% |
| ROMANIA 2,375 17-190427 | 1.000.000 | EUR | 1.091.151,00 | 885.785,00 | 0,73% |
| SIEMENS FINANCE 0,90 19-280228 | 1.700.000 | EUR | 1.785.403,00 | 1.569.006,50 | 1,29% |
| SIEMENS FINANCE 2,875 13-100328 | 1.400.000 | EUR | 1.601.052,00 | 1.417.381,00 | 1,17% |
| SPAIN KINGDOM 0,60 19-311029 | 1.400.000 | EUR | 1.483.097,00 | 1.266.839,00 | 1,04% |
| SPAIN KINGDOM 2,35 17-300733 | 800.000 | EUR | 1.008.771,00 | 789.956,00 | 0,65% |
| SPAIN KINGDOM -INFLATION LINKED- 1,00 15-301130 | 500.000 | EUR | 628.349,51 | 614.336,03 | 0,51% |
| UBS GROUP FUNDING 1,75 15-161122 | 1.300.000 | EUR | 1.353.209,00 | 1.306.448,00 | 1,08% |
| UNICREDIT SpA 2,731 20-150132 | 800.000 | EUR | 812.584,00 | 680.008,00 | 0,56% |
| Total EURO |  |  | 50.393.446,25 | 46.299.951,05 | 38,17% |
| UK TREASURY -INFLATION LINKED- GILT 0,125 12-220324 | 1.000.000 | GBP | 1.489.538,32 | 1.695.415,06 | 1,40% |
| Total LIVRE STERLING |  |  | 1.489.538,32 | 1.695.415,06 | 1,40% |
| INDONESIA 6,125 12-150528 | 12.000.000.000 | IDR | 746.110,63 | 753.681,39 | 0,62% |
| INDONESIA 8,25 11-150632 | 13.000.000.000 | IDR | 880.779,97 | 881.093,40 | 0,73% |
| Total ROUPIE INDOÉSIENNE |  |  | 1.626.890,60 | 1.634.774,79 | 1,35% |
| JAPAN -INFLATION LINKED- 0,20 20-100330 | 100.000.000 | JPY | 805.170,97 | 772.195,02 | 0,64% |
| Total YEN JAPONAIS |  |  | 805.170,97 | 772.195,02 | 0,64% |
| MEXICO BONOS 8,50 08-310529 | 230.000 | MXN | 1.221.867,84 | 1.059.803,02 | 0,87% |
| Total NOUVEAU PESO MEXICAIN |  |  | 1.221.867,84 | 1.059.803,02 | 0,87% |
| NEW ZEALAND 2,75 16-150437 | 1.000.000 | NZD | 711.915,53 | 518.433,50 | 0,43% |
| Total DOLLAR NEO-ZÉLANDAIS |  |  | 711.915,53 | 518.433,50 | 0,43% |
| PERU 6,35 16-120828 | 5.500 | PEN | 1.399.968,28 | 1.305.576,95 | 1,08% |
| Total NOUVEAU SOL PÉRUVIEN |  |  | 1.399.968,28 | 1.305.576,95 | 1,08% |

|  |
| --- |
| DPAM L PATRIMONIAL FUND |
|  |
| Dénomination | Nominal / Quantité | Devis e | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| SWEDEN 1,50 11-131123 | 11.000.000 | SEK | 1.231.773,84 | 1.025.286,68 | 0,85% |
| SWEDISH TREASURY 0,75 16-120528 | 13.220.000 | SEK | 1.379.049,06 | 1.165.998,04 | 0,96% |
| Total COURONNE SUÉDOISE |  |  | 2.610.822,90 | 2.191.284,72 | 1,81% |
| APPLE INC. 1,65 21-080231 | 1.000.000 | USD | 809.271,63 | 804.122,62 | 0,66% |
| APPLE INC. 3,85 13-040543 | 990.000 | USD | 942.052,10 | 874.669,67 | 0,72% |
| COMCAST 3,375 15-150825 | 1.300.000 | USD | 1.192.384,15 | 1.229.357,70 | 1,01% |
| GOLDMAN SACHS 3,85 17-260127 | 1.100.000 | USD | 1.053.195,93 | 1.018.892,82 | 0,84% |
| JP MORGAN CHASE & CO 5,60 11-150741 | 800.000 | USD | 944.017,57 | 803.160,36 | 0,66% |
| PFIZER INC. 2,75 16-030626 | 1.200.000 | USD | 1.087.378,21 | 1.119.359,13 | 0,92% |
| US TREASURY 2,25 17-1502827 | 2.700.000 | USD | 2.608.906,73 | 2.479.315,13 | 2,04% |
| US TREASURY -INFLATION LINKED- 0,125 20-150130 | 1.000.000 | USD | 931.214,01 | 1.026.959,81 | 0,85% |
| US TREASURY -INFLATION LINKED- 1,375 14-150244 | 300.000 | USD | 368.194,55 | 364.065,91 | 0,30% |
| Total DOLLAR DES ETATS-UNIS |  |  | 9.936.614,88 | 9.719.903,15 | 8,01% |
| Total Obligations |  |  | 77.178.553,34 | 71.629.557,11 | 59,05% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 102.360.786,97 | 97.658.674,95 | 80,51% |
| Fonds d'investissements |  |  |  |  |  |
| DPAM -B- EQUIT. SUSTAINABLE FOOD TRENDS P | 1.500 | EUR | 224.002,26 | 331.500,00 | 0,27% |
| DPAM -B- REAL ESTATE EUROPE SUS P | 3.000 | EUR | 1.716.674,00 | 1.539.990,00 | 1,27% |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE -P- | 8.000 | EUR | 1.131.640,00 | 1.085.600,00 | 0,89% |
| DPAM L BONDS EUR CORPORATE HIGH YIELD -P- | 25.500 | EUR | 3.991.187,13 | 3.593.715,00 | 2,96% |
| Total EURO |  |  | 7.063.503,39 | 6.550.805,00 | 5,40% |
| Total Fonds d'investissements |  |  | 7.063.503,39 | 6.550.805,00 | 5,40% |
| Autres valeurs mobilières |  |  |  |  |  |
| WISDOMTREE PHYSICAL GOLD | 27.000 | USD | 3.869.149,54 | 4.400.138,70 | 3,63% |
| Total DOLLAR DES ETATS-UNIS |  |  | 3.869.149,54 | 4.400.138,70 | 3,63% |
| Total Autres valeurs mobilières |  |  | 3.869.149,54 | 4.400.138,70 | 3,63% |
| Total du Portefeuille-Titres |  |  | 113.293.439,90 | 108.609.618,65 | 89,54% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Obligations |  |  |  |  |  |
| BRASIL TREASURY BILLS 0,01 19-010723 | 150.000 | BRL | 21.645.992,28 | 24.113.820,73 | 0,83% |
| BRAZIL 10,00 14-010125 | 100.000 | BRL | 18.996.812,94 | 17.233.878,71 | 0,59% |
| BRAZIL 10,00 16-010127 | 100.000 | BRL | 16.331.632,56 | 16.598.849,49 | 0,57% |
| BRAZIL 10,00 18-010129 | 200.000 | BRL | 32.792.504,13 | 32.040.569,59 | 1,10% |
| BRAZIL 10,00 20-010131 | 250.000 | BRL | 42.316.338,34 | 39.014.340,20 | 1,34% |
| BRAZIL 10,00 22-010133 | 100.000 | BRL | 15.568.840,01 | 16.083.544,44 | 0,55% |
| BRAZIL 10,25 07-100128 | 8.000.000 | BRL | 1.217.788,74 | 1.349.953,82 | 0,05% |
| BRAZIL -INFLATION LINKED- 6,00 16-150826 | 25.000 | BRL | 17.380.004,39 | 18.802.362,75 | 0,64% |
| LETRA TESOURO NAC 0,00 20-010124 | 75.000 | BRL | 9.541.363,68 | 11.355.418,27 | 0,39% |
| LETRA TESOURO NAC 0,00 21-010125 | 255.000 | BRL | 29.790.132,65 | 34.472.400,16 | 1,18% |
| LETRA TESOURO NACION 0,00 20-011022 | 90.000 | BRL | 12.736.532,20 | 15.933.019,95 | 0,55% |
| Total REAL BRÉSILIEN |  |  | 218.317.941,92 | 226.998.158,11 | 7,79% |
| BONOS TESORERIA PESOS 5,8 21-010624 | 7.500.000.000 | CLP | 7.921.817,75 | 7.494.137,14 | 0,26% |
| CHILE 2,30 20-011028 | 35.000.000.000 | CLP | 37.361.292,33 | 28.497.012,64 | 0,98% |
| CHILE 2,80 20-011033 | 6.500.000.000 | CLP | 6.508.091,26 | 4.808.176,45 | 0,16% |
| CHILE 4,00 18-010323 | 10.000.000.000 | CLP | 10.747.310,45 | 10.028.989,38 | 0,34% |
| CHILE 4,70 18-010930 | 17.000.000.000 | CLP | 22.262.692,56 | 15.843.074,13 | 0,54% |
| CHILE 5,00 15-010335 | 5.000.000.000 | CLP | 7.156.185,91 | 4.594.844,04 | 0,16% |
| CHILI 5,00 21-011028 | 10.000.000.000 | CLP | 12.042.774,78 | 9.601.298,47 | 0,33% |
| Total PESO CHILIEN |  |  | 104.000.165,04 | 80.867.532,25 | 2,77% |
| COLOMBIA 5,75 20-031127 | 60.000.000.000 | COP | 14.728.638,56 | 10.898.063,28 | 0,37% |
| COLOMBIA 6,00 12-280428 | 100.000.000.000 | COP | 26.600.636,25 | 18.003.906,73 | 0,62% |
| COLOMBIA 7,00 16-300632 | 40.000.000.000 | COP | 8.619.414,31 | 6.788.158,55 | 0,23% |
| COLOMBIA 7,00 21-260331 | 50.000.000.000 | COP | 8.750.269,17 | 8.700.129,72 | 0,30% |
| COLOMBIA 7,00 21-260331 | 100.000.000.000 | COP | 19.905.528,95 | 17.390.374,89 | 0,60% |
| COLOMBIA 7,25 19-261050 | 170.000.000.000 | COP | 31.738.737,62 | 24.546.353,70 | 0,84% |
| COLOMBIA 7,50 11-260826 | 51.500.000.000 | COP | 14.310.732,17 | 10.537.604,13 | 0,36% |
| COLOMBIA 7,75 14-180930 | 100.000.000.000 | COP | 25.275.408,80 | 18.604.220,85 | 0,64% |
| COLOMBIA 9,25 22-280542 | 75.000.000.000 | COP | 16.592.108,96 | 13.791.880,78 | 0,47% |
| Total PESO COLOMBIEN |  |  | 166.521.474,79 | 129.260.692,63 | 4,43% |
| CZECH 0,45 15-251023 | 1.000.000.000 | CZK | 38.018.719,69 | 37.396.252,32 | 1,28% |
| CZECH 1,20 20-130331 | 900.000.000 | CZK | 32.612.884,06 | 27.066.220,59 | 0,93% |
| CZECH 1,50 20-240440 | 900.000.000 | CZK | 32.248.083,34 | 22.096.581,81 | 0,76% |
| CZECH 4,70 07-120922 | 395.000.000 | CZK | 16.102.896,90 | 15.894.456,33 | 0,55% |
| CZECH 4,85 07-261157 | 700.000.000 | CZK | 39.820.311,38 | 27.358.876,89 | 0,94% |
| Total COURONNE TCHÈQUE |  |  | 158.802.895,37 | 129.812.387,94 | 4,45% |
| CENTRAL BANK TUNISIA 6,375 19-150726 | 7.000.000 | EUR | 6.624.248,75 | 3.780.315,00 | 0,13% |
| IVORY COAST 4,875 20-300132 | 22.500.000 | EUR | 19.926.934,14 | 16.238.700,00 | 0,56% |
| IVORY COAST 5,25 18-220330 | 4.000.000 | EUR | 4.034.979,15 | 3.143.300,00 | 0,11% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| IVORY COAST 5,875 19-171031 | 12.000.000 | EUR | 12.264.660,00 | 9.432.960,00 | 0,32% |
| IVORY COAST 6,625 18-220348 | 12.000.000 | EUR | 10.956.545,45 | 8.054.400,00 | 0,28% |
| IVORY COAST 6,875 19-171040 | 18.000.000 | EUR | 16.230.250,00 | 12.855.420,00 | 0,44% |
| MACEDONIA 5,625 16-260723 | 13.000.000 | EUR | 13.300.700,00 | 13.118.885,00 | 0,45% |
| ROMANIA 4,625 19-030449 | 10.000.000 | EUR | 8.869.500,00 | 7.120.350,00 | 0,24% |
| SENEGAL 5,375 21-080637 | 18.000.000 | EUR | 17.343.050,00 | 11.318.940,00 | 0,39% |
| SERBIA 1,50 19-260629 | 10.000.000 | EUR | 7.775.375,00 | 7.274.350,00 | 0,25% |
| SERBIA 3,125 20-150527 | 5.000.000 | EUR | 4.515.000,00 | 4.389.200,00 | 0,15% |
| UKRAINE 4,375 20-270130 | 3.000.000 | EUR | 2.892.180,00 | 749.805,00 | 0,03% |
| UKRAINE 6,75 19-200626 | 13.000.000 | EUR | 13.961.000,00 | 3.429.400,00 | 0,12% |
| Total EURO |  |  | 138.694.422,49 | 100.906.025,00 | 3,46% |
| GHANA 19,00 16-021126 | 5.000.000 | GHS | 686.260,94 | 365.299,87 | 0,01% |
| GHANA 19,25 20-230625 | 15.000.000 | GHS | 2.183.564,23 | 1.437.993,09 | 0,05% |
| GHANA GOVT 18,50 21-020123 | 10.000.000 | GHS | 1.393.474,22 | 1.137.007,94 | 0,04% |
| GHANA GOVT 19,25 20-181223 | 20.000.000 | GHS | 2.782.425,78 | 2.111.407,29 | 0,07% |
| GHANA GOVT 19,75 19-150424 | 25.000.000 | GHS | 4.063.230,01 | 2.592.789,71 | 0,09% |
| GHANA GOVT 20,75 20-200123 | 15.000.000 | GHS | 2.268.962,23 | 1.714.117,04 | 0,06% |
| Total CEDI GHANÉEN |  |  | 13.377.917,41 | 9.358.614,94 | 0,32% |
| HUNGARY 3,00 19-210830 | 3.500.000.000 | HUF | 10.324.336,55 | 6.241.280,03 | 0,21% |
| HUNGARY GOVT 1,50 20-220426 | 3.250.000.000 | HUF | 6.381.142,62 | 6.404.250,36 | 0,22% |
| HUNGARY GOVT 2,25 20-200433 | 6.500.000.000 | HUF | 17.594.871,00 | 9.842.473,35 | 0,34% |
| HUNGARY GOVT 4,50 22-230328 | 3.500.000.000 | HUF | 8.106.790,21 | 7.317.371,91 | 0,25% |
| Total FORINT HONGROIS |  |  | 42.407.140,38 | 29.805.375,65 | 1,02% |
| EIB 5,75 18-240125 | 100.000.000.000 | IDR | 6.260.920,30 | 6.426.813,72 | 0,22% |
| EURO BANK RECON 4,60 20-091225 | 170.000.000.000 | IDR | 9.897.696,18 | 10.468.454,17 | 0,36% |
| EUROPEAN BANK FOR RECONSTRUCTION & DEVELOPMENT 6,45 17-131222 | 250.000.000.000 | IDR | 14.837.348,74 | 16.168.401,33 | 0,55% |
| IA -DEUTSCHE BANK 7,875 16-140323 | 185.000.000.000 | IDR | 12.389.747,40 | 12.100.445,59 | 0,42% |
| INDONESIA 6,125 12-150528 | 674.000.000.000 | IDR | 38.582.979,03 | 42.331.771,55 | 1,45% |
| INDONESIA 7,50 16-150832 | 597.000.000.000 | IDR | 36.576.680,56 | 38.595.768,00 | 1,32% |
| INDONESIA 7,50 19-150440 | 100.000.000.000 | IDR | 6.289.029,48 | 6.414.229,12 | 0,22% |
| INDONESIA 7,50 19-150635 | 800.000.000.000 | IDR | 49.192.205,07 | 51.594.803,44 | 1,77% |
| INDONESIA 8,25 11-150632 | 300.000.000.000 | IDR | 19.477.677,08 | 20.332.924,62 | 0,70% |
| INDONESIA 8,25 15-150536 | 288.900.000.000 | IDR | 19.325.306,03 | 19.603.051,23 | 0,67% |
| INDONESIA 8,375 13-150334 | 52.000.000.000 | IDR | 3.418.573,77 | 3.557.126,95 | 0,12% |
| INDONESIA 8,375 19-150439 | 50.000.000.000 | IDR | 3.323.155,98 | 3.399.703,88 | 0,12% |
| INDONESIA 8,875 16-151131 | 120.000.000.000 | IDR | 7.125.239,59 | 8.624.893,81 | 0,30% |
| INDONESIA GOVT 6,50 19-150625 | 50.000.000.000 | IDR | 3.053.854,20 | 3.288.111,87 | 0,11% |
| Total ROUPIE INDOÉSIENNE |  |  | 229.750.413,41 | 242.906.499,28 | 8,33% |
| ASIAN DEVELOPMENT BANK 5,90 17-201222 | 630.000.000 | INR | 7.436.269,13 | 7.620.880,36 | 0,26% |
| ASIAN DEVELOPMENT BANK 6,20 16-061026 | 900.000.000 | INR | 12.290.155,13 | 10.566.593,75 | 0,36% |
| EBRD 5,15 21-160224 | 600.000.000 | INR | 6.837.643,39 | 7.101.480,35 | 0,24% |
| EBRD 6,50 19-190623 | 200.000.000 | INR | 2.332.373,21 | 2.416.517,09 | 0,08% |
| INDIA 6,19 20-160934 | 300.000.000 | INR | 3.452.736,72 | 3.243.061,56 | 0,11% |
| INDIA 6,64 21-160635 | 2.200.000.000 | INR | 25.267.580,70 | 24.589.047,23 | 0,84% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| INDIA 7,17 18-080128 | 400.000.000 | INR | 4.887.187,25 | 4.823.053,76 | 0,17% |
| INDIA 7,26 19-140129 | 1.600.000.000 | INR | 19.873.748,31 | 19.301.904,75 | 0,66% |
| INDIA 7,72 15-250525 | 800.000.000 | INR | 10.334.631,47 | 9.868.873,98 | 0,34% |
| INDIA GOVT 6,10 21-120731 | 500.000.000 | INR | 5.739.796,69 | 5.543.241,55 | 0,19% |
| INTERNATIONAL FINANCE CORP. 5,85 17-251122 | 300.000.000 | INR | 3.434.079,01 | 3.632.297,26 | 0,12% |
| INTERNATIONAL FINANCE CORP. 6,30 14-251124 | 2.150.000.000 | INR | 28.575.060,03 | 25.711.939,42 | 0,88% |
| Total ROUPIE INDIENNE |  |  | 130.461.261,04 | 124.418.891,06 | 4,27% |
| KENYA 11,75 19-081035 | 100.000.000 | KES | 863.842,91 | 754.868,53 | 0,03% |
| KENYA 12,257 21-050137 | 500.000.000 | KES | 3.916.555,78 | 3.963.700,69 | 0,14% |
| KENYA 12,50 18-100133 | 100.000.000 | KES | 996.777,91 | 807.424,72 | 0,03% |
| KENYA 12,667 21-210339 | 400.000.000 | KES | 3.223.171,48 | 3.229.536,61 | 0,11% |
| KENYA INFRASTRUCTU 12,737 21-180842 | 200.000.000 | KES | 1.571.704,13 | 1.616.212,42 | 0,06% |
| KENYA TREASURY BOND 11,95 18-251038 | 500.000.000 | KES | 4.141.963,49 | 3.914.941,40 | 0,13% |
| Total SCHILLING KENYAN |  |  | 14.714.015,70 | 14.286.684,37 | 0,49% |
| KOREA 0,875 20-101223 | 4.300.000.000 | KRW | 3.214.848,50 | 3.067.221,06 | 0,11% |
| KOREA 1,00 -INFLATION LINKED- 16-100626 | 5.300.000.000 | KRW | 4.085.294,99 | 4.413.222,73 | 0,15% |
| KOREA 1,25 19-101222 | 6.000.000.000 | KRW | 4.609.443,42 | 4.403.820,42 | 0,15% |
| KOREA 1,25 21-100326 | 13.300.000.000 | KRW | 9.558.026,60 | 9.038.558,51 | 0,31% |
| KOREA 1,75 21-100926 | 9.000.000.000 | KRW | 6.330.940,36 | 6.186.797,48 | 0,21% |
| KOREA 2,375 18-100323 | 3.000.000.000 | KRW | 2.350.066,72 | 2.221.248,47 | 0,08% |
| KOREA TREASURY 3,00 14-100924 | 12.000.000.000 | KRW | 9.730.386,16 | 8.828.062,04 | 0,30% |
| KOREA TREASURY BOND 1,875 16-100626 | 12.000.000.000 | KRW | 9.167.721,23 | 8.224.345,69 | 0,28% |
| KOREA TREASURY -INFLATION LINKED- 1,125 20-100630 | 14.700.000.000 | KRW | 11.102.321,32 | 11.344.169,71 | 0,39% |
| Total WON SUD CORÉEN |  |  | 60.149.049,30 | 57.727.446,11 | 1,98% |
| MEX BONOS DESARR FIX 5,50 21-030427 | 8.000.000 | MXN | 31.153.967,73 | 32.567.778,03 | 1,12% |
| MEXICAN BONOS 7,75 11-290531 | 15.000.000 | MXN | 68.371.778,27 | 65.578.931,15 | 2,25% |
| MEXICO 7,75 13-231134 | 2.000.000 | MXN | 9.102.999,89 | 8.575.221,34 | 0,29% |
| MEXICO BONOS 5,75 15-050326 | 8.000.000 | MXN | 33.820.028,28 | 33.735.762,29 | 1,16% |
| MEXICO BONOS 8,00 17-071147 | 5.000.000 | MXN | 21.233.284,21 | 21.165.803,42 | 0,73% |
| MEXICO BONOS 8,50 08-310529 | 5.000.000 | MXN | 24.767.421,93 | 23.039.195,93 | 0,79% |
| Total NOUVEAU PESO MEXICAIN |  |  | 188.449.480,31 | 184.662.692,16 | 6,33% |
| MALAYSIA 2,632 20-150431 | 11.600.000 | MYR | 2.281.438,04 | 2.206.614,37 | 0,08% |
| MALAYSIA 3,465 20-151030 | 35.000.000 | MYR | 7.275.150,29 | 7.131.026,40 | 0,24% |
| MALAYSIA 3,582 22-150732 | 13.000.000 | MYR | 2.715.724,41 | 2.672.224,57 | 0,09% |
| MALAYSIA 3,733 13-150628 | 15.000.000 | MYR | 3.165.510,54 | 3.176.568,25 | 0,11% |
| MALAYSIA 3,844 13-150433 | 200.000.000 | MYR | 43.164.508,78 | 40.727.454,24 | 1,40% |
| MALAYSIA 3,885 19-150829 | 75.000.000 | MYR | 16.029.044,10 | 15.931.508,18 | 0,55% |
| MALAYSIA 4,254 15-310535 | 97.000.000 | MYR | 21.801.752,99 | 20.187.940,14 | 0,69% |
| MALAYSIA 4,498 10-150430 | 28.900.000 | MYR | 6.841.400,26 | 6.359.335,91 | 0,22% |
| MALAYSIA 4,642 18-071133 | 65.000.000 | MYR | 14.211.627,94 | 14.149.668,50 | 0,49% |
| MALAYSIA 4,762 17-070437 | 133.000.000 | MYR | 29.966.881,35 | 29.305.114,10 | 1,01% |
| MALAYSIA GOVT 3,502 07-310527 | 20.000.000 | MYR | 4.235.577,08 | 4.237.290,71 | 0,15% |
| MALAYSIA GOVT 3,828 19-050734 | 88.000.000 | MYR | 18.509.663,80 | 17.682.502,68 | 0,61% |
| MALAYSIA GOVT 3,899 17-161127 | 165.000.000 | MYR | 36.189.771,44 | 35.505.875,85 | 1,22% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| MALAYSIA GOVT 4,127 12-150432 | 14.400.000 | MYR | 3.321.984,11 | 3.058.287,06 | 0,10% |
| MALAYSIA GOVT 4,232 11-300631 | 75.000.000 | MYR | 17.337.360,62 | 16.144.894,04 | 0,55% |
| MALAYSIA GOVT 4,893 18-080638 | 57.000.000 | MYR | 13.577.428,25 | 12.485.855,66 | 0,43% |
| Total RINGGIT DE MALAISIE |  |  | 240.624.824,00 | 230.962.160,66 | 7,92% |
| PERU 5,35 19-120840 | 150.000.000 | PEN | 33.499.356,84 | 28.315.024,54 | 0,97% |
| PERU 5,40 19-120834 | 150.000.000 | PEN | 38.616.327,60 | 30.470.743,68 | 1,05% |
| PERU 6,15 17-120832 | 150.000.000 | PEN | 40.046.121,46 | 33.400.717,26 | 1,15% |
| Total NOUVEAU SOL PÉRUVIEN |  |  | 112.161.805,90 | 92.186.485,48 | 3,16% |
| ASIAN DEVELOPMENT BANK 5,25 19-090323 | 300.000.000 | PHP | 5.773.873,12 | 5.174.478,83 | 0,18% |
| PHILIPPINE 3,625 15-090925 | 350.000.000 | PHP | 5.229.439,53 | 5.772.462,10 | 0,20% |
| PHILIPPINE 6,50 18-220238 | 100.000.000 | PHP | 2.300.265,77 | 1.679.735,51 | 0,06% |
| PHILIPPINES 3,90 12-261122 | 500.000.000 | PHP | 8.968.125,29 | 8.533.584,54 | 0,29% |
| PHILIPPINES 4,00 21-220731 | 300.000.000 | PHP | 5.006.579,04 | 4.277.986,67 | 0,15% |
| PHILIPPINES 6,25 11-140136 | 61.500.000 | PHP | 1.195.375,32 | 1.035.294,75 | 0,04% |
| Total PESO PHILIPPIN |  |  | 28.473.658,07 | 26.473.542,40 | 0,91% |
| PAKISTAN T-BILL 0,00 22-110822 | 200.000.000 | PKR | 949.253,18 | 921.176,91 | 0,03% |
| Total ROUPIE PAKISTANNAISE |  |  | 949.253,18 | 921.176,91 | 0,03% |
| POLAND 1,75 21-250432 | 250.000.000 | PLN | 42.376.932,35 | 34.123.113,09 | 1,17% |
| POLANDGOVERMENT -INFLATION LINKED- 2,75 08-250823 | 35.000.000 | PLN | 11.078.824,33 | 11.430.021,60 | 0,39% |
| POLAND GOVERMENT 2,50 15-250726 | 200.000.000 | PLN | 36.716.792,92 | 35.453.762,11 | 1,22% |
| POLAND GOVERMENT 2,75 13-250428 | 250.000.000 | PLN | 46.476.695,16 | 42.601.299,96 | 1,46% |
| POLAND GOVERMENT 2,75 18-251029 | 100.000.000 | PLN | 20.078.835,71 | 16.335.329,72 | 0,56% |
| POLAND GOVERNMENT 2,50 16-250727 | 250.000.000 | PLN | 46.224.896,63 | 42.653.160,00 | 1,46% |
| Total ZLOTY POLONAIS |  |  | 202.952.977,10 | 182.596.686,48 | 6,26% |
| ROMANIA 4,75 19-111034 | 200.000.000 | RON | 35.700.698,07 | 28.264.631,56 | 0,97% |
| ROMANIA GOVT 3,65 16-240931 | 125.000.000 | RON | 23.761.855,89 | 17.303.269,99 | 0,59% |
| ROMANIA GOVT 4,15 20-260128 | 75.000.000 | RON | 16.370.096,32 | 12.177.928,84 | 0,42% |
| Total LEU ROUMAIN |  |  | 75.832.650,28 | 57.745.830,39 | 1,98% |
| SERBIA 4,50 19-110126 | 2.800.000.000 | RSD | 25.125.371,98 | 22.370.511,33 | 0,77% |
| SERBIA 4,50 20-200832 | 1.400.000.000 | RSD | 12.373.558,57 | 9.677.296,20 | 0,33% |
| SERBIA 5,875 18-080228 | 920.000.000 | RSD | 8.568.038,37 | 7.527.228,90 | 0,26% |
| Total DINAR SERBE |  |  | 46.066.968,92 | 39.575.036,43 | 1,36% |
| SINGAPORE 1,625 21-010731 | 12.000.000 | SGD | 7.726.453,10 | 7.426.894,39 | 0,25% |
| SINGAPORE 2,625 18-010528 | 40.000.000 | SGD | 26.747.837,14 | 27.293.034,12 | 0,94% |
| SINGAPORE 2,75 13-010723 | 5.000.000 | SGD | 3.432.616,35 | 3.451.596,27 | 0,12% |
| SINGAPORE 2,875 10-010930 | 18.000.000 | SGD | 12.851.527,76 | 12.381.208,98 | 0,42% |
| SINGAPORE 2,875 14-010729 | 25.000.000 | SGD | 18.032.993,77 | 17.248.015,39 | 0,59% |
| SINGAPORE 3,375 13-010933 | 50.500.000 | SGD | 37.893.382,16 | 36.080.800,02 | 1,24% |
| SINGAPORE 3,50 07-010327 | 75.000.000 | SGD | 51.590.138,60 | 53.294.614,94 | 1,83% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| SINGAPORE T-BONDS 2,125 16-010626 | 8.000.000 | SGD | 5.290.735,07 | 5.379.428,84 | 0,18% |
| Total DOLLAR DE SINGAPOUR |  |  | 163.565.683,95 | 162.555.592,95 | 5,58% |
| THAILAND GOVT 1,585 20-171235 | 102.500.000 | THB | 2.811.421,35 | 2.253.021,23 | 0,08% |
| THAILAND -INFLATION LINKED- 1,25 13-120328 | 100.000.000 | THB | 3.067.374,79 | 3.058.737,21 | 0,10% |
| Total BAHT THAÏLANDAIS |  |  | 5.878.796,14 | 5.311.758,44 | 0,18% |
| UGANDA 14,25 21-220634 | 10.000.000.000 | UGX | 2.486.232,41 | 2.272.851,47 | 0,08% |
| UGANDA 16,25 20-081135 | 5.000.000.000 | UGX | 1.419.847,29 | 1.257.017,84 | 0,04% |
| UGANDA GOVT 17,50 21-011140 | 20.000.000.000 | UGX | 5.667.752,49 | 5.043.167,71 | 0,17% |
| Total SHILLING OUGANDAIS |  |  | 9.573.832,19 | 8.573.037,02 | 0,29% |
| ARGENTINA 0,125 20-090741 | 7.500.000 | USD | 2.254.118,98 | 1.943.923,67 | 0,07% |
| ARGENTINA FRN 20-090735 | 7.500.000 | USD | 1.956.291,86 | 1.597.135,20 | 0,05% |
| ARGENTINA STEP-UP 20-090138 | 7.500.000 | USD | 2.336.314,76 | 2.094.576,50 | 0,07% |
| ARMENIA 7,15 15-260325 | 4.000.000 | USD | 3.570.127,50 | 3.786.713,86 | 0,13% |
| BAHAMAS 8,95 20-151032 | 25.000.000 | USD | 20.714.611,72 | 16.705.007,41 | 0,57% |
| BAHAMAS COMMONWEALTH 9,00 22-160629 | 7.000.000 | USD | 5.259.546,50 | 5.375.025,11 | 0,18% |
| CENTRAL BANK TUNISIA 5,75 15-300125 | 12.339.000 | USD | 9.166.917,56 | 6.577.632,98 | 0,23% |
| CMWTH OF BAHAMAS 5,75 14-160124 | 2.000.000 | USD | 1.674.801,84 | 1.680.300,35 | 0,06% |
| COLOMBIA 3,125 20-150431 | 5.000.000 | USD | 3.646.550,50 | 3.554.761,11 | 0,12% |
| COLOMBIA 3,875 17-250427 | 10.000.000 | USD | 8.455.622,14 | 8.457.458,51 | 0,29% |
| COLOMBIA 5,00 15-150645 | 5.000.000 | USD | 3.416.267,03 | 3.207.087,86 | 0,11% |
| COSTA RICA 6,125 19-190231 | 22.000.000 | USD | 19.558.444,71 | 19.685.522,98 | 0,68% |
| COSTA RICA 7,00 14-040444 | 200.000 | USD | 173.989,17 | 165.254,20 | 0,01% |
| DOMINICAN 6,00 22-220233 | 5.000.000 | USD | 4.396.956,30 | 3.986.847,77 | 0,14% |
| ECUADOR FRN 20-310730 | 15.000.000 | USD | 10.769.116,42 | 9.497.297,82 | 0,33% |
| ECUADOR FRN 20-310735 | 15.000.000 | USD | 8.829.628,47 | 7.165.263,76 | 0,25% |
| GEORGIA 2,75 21-220426 | 7.000.000 | USD | 5.512.501,58 | 5.531.302,31 | 0,19% |
| GHANA 8,125 19-260332 | 5.000.000 | USD | 4.023.175,21 | 2.317.710,08 | 0,08% |
| GHANA 8,627 18-160649 | 3.000.000 | USD | 2.466.757,12 | 1.362.762,45 | 0,05% |
| INSTIT COSTA ELEC 6,75 21-071031 | 2.800.000 | USD | 2.393.857,73 | 2.515.433,54 | 0,09% |
| IVORY COAST LTD 6,125 17-150633 | 22.000.000 | USD | 17.092.325,99 | 16.539.614,52 | 0,57% |
| KENYA 6,875 14-240624 | 11.000.000 | USD | 9.930.610,54 | 8.843.086,70 | 0,30% |
| KOREA 1,00 20-160930 | 330.000 | USD | 254.922,42 | 262.192,89 | 0,01% |
| KOREA 1,75 21-151031 | 5.450.000 | USD | 4.560.863,96 | 4.571.702,61 | 0,16% |
| KOREA 2,50 19-190629 | 5.000.000 | USD | 4.431.737,30 | 4.521.402,27 | 0,16% |
| LEBANESE 6,10 10-041022 -DEFAULT- | 1.000.000 | USD | 665.275,96 | 64.096,80 | 0,00% |
| LEBANESE 6,85 17-230327 -DEFAULT- | 2.000.000 | USD | 662.817,65 | 128.394,47 | 0,00% |
| LEBANESE 8,25 06-120421 -DEFAULT- | 3.400.000 | USD | 2.610.966,58 | 225.734,37 | 0,01% |
| MALDIVES SUKUK 9,875 21-080426 | 5.000.000 | USD | 4.336.532,77 | 3.704.050,89 | 0,13% |
| MOZAMBIQUE 5,00 19-150931 | 6.000.000 | USD | 4.500.047,58 | 4.188.550,38 | 0,14% |
| NAMIBIA 5,25 15-291025 | 5.000.000 | USD | 4.247.232,08 | 4.227.940,12 | 0,15% |
| NIGERIA 6,125 21-280928 | 8.500.000 | USD | 7.181.876,17 | 5.785.195,37 | 0,20% |
| NIGERIA 6,375 13-120723 | 4.000.000 | USD | 3.697.349,27 | 3.755.741,55 | 0,13% |
| NIGERIA 7,143 18-230230 | 5.000.000 | USD | 4.485.765,16 | 3.393.538,67 | 0,12% |
| NIGERIA 7,375 21-280933 | 3.000.000 | USD | 2.436.400,51 | 1.884.279,50 | 0,06% |
| NIGERIA 7,625 17-281147 | 8.000.000 | USD | 5.507.661,79 | 4.594.691,28 | 0,16% |
| NIGERIA 7,625 18-211125 | 12.300.000 | USD | 11.541.791,08 | 10.384.437,80 | 0,36% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| NIGERIA 7,696 18-230238 | 8.000.000 | USD | 6.576.110,46 | 4.756.305,90 | 0,16% |
| NIGERIA 7,875 17-160232 | 3.000.000 | USD | 2.291.913,97 | 2.007.685,68 | 0,07% |
| NIGERIA 8,747 18-210131 | 1.200.000 | USD | 1.128.382,05 | 859.174,52 | 0,03% |
| NIGERIA 9,248 18-210149 | 2.000.000 | USD | 1.456.241,71 | 1.302.472,62 | 0,04% |
| PAPUA NEW GUINEA 8,375 18-041028 | 7.000.000 | USD | 5.990.586,36 | 5.849.380,65 | 0,20% |
| POLAND 3,00 12-170323 | 10.000.000 | USD | 9.406.281,39 | 9.536.658,86 | 0,33% |
| REPUBLIC OF COLOMBI 6,125 09-180141 | 8.000.000 | USD | 7.956.557,43 | 6.007.326,98 | 0,21% |
| REPUBLIC OF COLOMBI 7,375 06-180937 | 5.500.000 | USD | 6.006.522,57 | 4.872.612,27 | 0,17% |
| SENEGAL 6,25 14-300724 | 4.000.000 | USD | 3.651.058,30 | 3.575.111,19 | 0,12% |
| SENEGAL 6,75 18-130348 | 27.800.000 | USD | 21.386.146,81 | 16.977.823,91 | 0,58% |
| SRI LANKA 7,55 19-280330 | 5.000.000 | USD | 1.990.408,81 | 1.535.463,19 | 0,05% |
| UKRAINE 7,304 20-150333 | 8.475.000 | USD | 7.422.436,76 | 2.041.393,18 | 0,07% |
| UKRAINE 8,994 18-010224 | 7.000.000 | USD | 6.516.889,85 | 1.740.207,57 | 0,06% |
| UKRAINE FRN 15-310540 | 11.000.000 | USD | 9.177.584,04 | 2.706.413,51 | 0,09% |
| UKRAINE GOVT 7,375 17-250932 | 3.000.000 | USD | 2.737.854,20 | 726.433,59 | 0,02% |
| UKRAINE GOVT 9,75 18-011128 | 3.000.000 | USD | 3.014.296,56 | 739.504,52 | 0,03% |
| Total DOLLAR DES ETATS-UNIS |  |  | 305.429.045,18 | 249.515.635,80 | 8,56% |
| URUGUAY 8,25 21-210531 | 950.000.000 | UYU | 19.237.212,04 | 19.632.609,08 | 0,67% |
| URUGUAY 8,50 17-150328 | 800.000.000 | UYU | 17.066.792,61 | 17.515.892,04 | 0,60% |
| URUGUAY -INFLATION LINKED- 3,70 07-260637 | 175.000.000 | UYU | 11.610.135,47 | 13.841.830,36 | 0,47% |
| URUGUAY -INFLATION LINKED- 3,875 20-020740 | 2.000.000.000 | UYU | 46.823.500,18 | 57.916.153,22 | 1,99% |
| Total PESO URUGUAYEN |  |  | 94.737.640,30 | 108.906.484,70 | 3,74% |
| ASIAN DEVELOPMENT BANK 0,00 19-010829 | 100.000.000 | ZAR | 2.718.260,48 | 3.062.290,35 | 0,11% |
| SOUTH AFRICA 10,50 98-211226 | 200.000.000 | ZAR | 12.886.764,07 | 12.368.446,41 | 0,42% |
| SOUTH AFRICA 7,00 10-280231 | 475.000.000 | ZAR | 20.114.664,01 | 21.831.299,03 | 0,75% |
| SOUTH AFRICA 7,75 12-280223 | 200.000.000 | ZAR | 11.907.382,10 | 11.768.868,54 | 0,40% |
| SOUTH AFRICA 8,00 13-310130 | 350.000.000 | ZAR | 17.904.973,78 | 17.776.543,54 | 0,61% |
| SOUTH AFRICA 8,25 14-310332 | 740.000.000 | ZAR | 39.735.763,59 | 36.231.896,32 | 1,24% |
| SOUTH AFRICA 8,5 13-310137 | 750.000.000 | ZAR | 37.984.727,51 | 34.664.682,48 | 1,19% |
| SOUTH AFRICA 8,75 12-280248 | 630.000.000 | ZAR | 28.001.175,85 | 28.369.780,56 | 0,97% |
| SOUTH AFRICA 8,75 14-310144 | 95.000.000 | ZAR | 5.519.178,04 | 4.308.795,15 | 0,15% |
| SOUTH AFRICA 8,875 15-280235 | 1.050.000.000 | ZAR | 52.513.535,88 | 51.399.394,53 | 1,76% |
| SOUTH AFRICA 9,00 15-310140 | 692.000.000 | ZAR | 38.530.918,26 | 32.614.450,24 | 1,12% |
| Total RAND SUD-AFRICAIN |  |  | 267.817.343,57 | 254.396.447,15 | 8,73% |
| ZAMBIA 11,00 20-270425 | 100.000.000 | ZMW | 3.834.121,97 | 4.327.617,87 | 0,15% |
| ZAMBIA 11,00 21-200926 | 100.000.000 | ZMW | 3.856.417,68 | 3.882.783,67 | 0,13% |
| ZAMBIA 11,00 21-250126 | 50.000.000 | ZMW | 1.958.864,67 | 1.963.023,82 | 0,07% |
| ZAMBIA 13,00 21-250131 | 100.000.000 | ZMW | 3.230.834,95 | 3.280.925,77 | 0,11% |
| ZAMBIA 14,00 20-010635 | 32.000.000 | ZMW | 947.719,86 | 1.018.687,07 | 0,03% |
| Total KWACHA ZAMBIEN |  |  | 13.827.959,13 | 14.473.038,20 | 0,50% |
| Total Obligations |  |  | 3.033.538.615,07 | 2.765.203.912,51 | 94,85% |

|  |
| --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Instruments du marché monétaire |  |  |  |  |  |
| URUGUAY MON REG-BILL 21-071022 | 100.000.000 | UYU | 1.944.967,20 | 2.353.079,67 | 0,08% |
| URUGUAY MON REG-BILL 21-120822 | 200.000.000 | UYU | 3.724.898,95 | 4.768.862,64 | 0,16% |
| Total PESO URUGUAYEN |  |  | 5.669.866,15 | 7.121.942,31 | 0,24% |
| Total Instruments du marché monétaire |  |  | 5.669.866,15 | 7.121.942,31 | 0,24% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 3.039.208.481,22 | 2.772.325.854,82 | 95,10% |
| Total du Portefeuille-Titres |  |  | 3.039.208.481,22 | 2.772.325.854,82 | 95,10% |

|  |
| --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Obligations |  |  |  |  |  |
| ABERTIS INFRAEST. FRN 20-PERPETUAL | 1.600.000 | EUR | 1.613.777,78 | 1.286.968,00 | 0,36% |
| ABERTIS INFRAEST. FRN 21-PERPETUAL | 900.000 | EUR | 887.364,00 | 651.609,00 | 0,18% |
| ACCOR 2,375 21-291128 | 2.700.000 | EUR | 2.678.562,00 | 2.150.509,50 | 0,61% |
| ACCOR FRN 19-PERPETUAL | 700.000 | EUR | 665.509,21 | 546.416,50 | 0,15% |
| ADEVINTA ASA 3,00 20-151127 | 2.000.000 | EUR | 2.001.996,50 | 1.676.890,00 | 0,47% |
| AFFLELOU SAS 4,25 21-190526 | 6.000.000 | EUR | 6.122.185,71 | 5.130.240,00 | 1,45% |
| ALBION FINANCING 1 5,25 21-151026 | 3.000.000 | EUR | 3.007.350,00 | 2.514.600,00 | 0,71% |
| ALMIRALL S.A. 2,125 21-300926 | 1.800.000 | EUR | 1.800.000,00 | 1.604.061,00 | 0,45% |
| ALTICE FINANCING 3,00 20-150128 | 880.000 | EUR | 842.287,60 | 655.855,20 | 0,18% |
| ALTICE FINCO 4,75 17-150128 | 880.000 | EUR | 838.580,92 | 636.570,00 | 0,18% |
| ALTICE FRANCE HLDG 8,00 20-150527 | 4.000.000 | EUR | 4.138.925,00 | 3.276.080,00 | 0,92% |
| ALTICE FRANCE OAT 4,125 20-150129 | 880.000 | EUR | 880.000,00 | 667.704,40 | 0,19% |
| ALTICE FRANCE S.A. 2,50 19-150125 | 7.000.000 | EUR | 6.873.000,00 | 6.134.590,00 | 1,73% |
| ALTICE FRANCE S.A. 5,875 18-010227 | 4.100.000 | EUR | 4.493.462,21 | 3.571.284,50 | 1,01% |
| ARDAGH METAL PACK 2,00 21-010928 | 2.000.000 | EUR | 2.017.200,00 | 1.589.050,00 | 0,45% |
| ARDAGH PKG FINANCE 2,125 19-150826 | 880.000 | EUR | 818.400,00 | 715.792,00 | 0,20% |
| ARDAGH PKG FINANCE 2,125 20-150826 | 2.200.000 | EUR | 2.123.000,00 | 1.788.105,00 | 0,50% |
| ARD FINANCE S.A. 5,00 19-300627 | 1.000.000 | EUR | 986.441,66 | 725.500,00 | 0,20% |
| ASHLAND SERVICES 2,00 20-300128 | 1.750.000 | EUR | 1.750.000,00 | 1.439.007,50 | 0,41% |
| ATLANTIA SpA 1,875 21-120228 | 1.000.000 | EUR | 1.013.392,09 | 781.405,00 | 0,22% |
| AUTOSTRAD 2,25 22-32 | 2.000.000 | EUR | 1.552.774,00 | 1.509.960,00 | 0,43% |
| AUTOSTRADE ITALIA 1,75 15-260626 | 4.000.000 | EUR | 4.092.484,00 | 3.633.780,00 | 1,02% |
| AUTOSTRADE ITALIA 1,875 15-041125 | 700.000 | EUR | 723.583,00 | 650.555,50 | 0,18% |
| AUTOSTRADE ITALIA 2,00 20-041228 | 2.000.000 | EUR | 2.047.910,00 | 1.643.830,00 | 0,46% |
| AVANTOR FUNDING 3,875 20-150728 | 1.300.000 | EUR | 1.325.237,33 | 1.133.294,50 | 0,32% |
| AVIS BUDGET FINANCE 4,75 18-300126 | 3.500.000 | EUR | 3.476.834,90 | 3.182.620,00 | 0,90% |
| AVIS BUDGET FINANCE PLC 4,125 16-151124 | 2.000.000 | EUR | 2.002.716,00 | 1.916.000,00 | 0,54% |
| BALL CORP. 4,375 15-151223 | 1.050.000 | EUR | 1.093.256,36 | 1.066.847,25 | 0,30% |
| BANIJAY ENTERT 3,50 20-010325 | 2.000.000 | EUR | 1.977.500,00 | 1.790.650,00 | 0,50% |
| BCP MODULAR SERV 4,75 21-301128 | 1.000.000 | EUR | 1.000.000,00 | 797.725,00 | 0,22% |
| BELDEN INC. 3,375 17-150727 | 400.000 | EUR | 400.000,00 | 344.234,00 | 0,10% |
| BERTELSMANN 3,50 15-230475 | 3.000.000 | EUR | 3.264.171,00 | 2.541.450,00 | 0,72% |
| BLITZ -F- 6,00 18-300726 | 2.600.000 | EUR | 2.301.124,39 | 1.940.718,53 | 0,55% |
| CAB SELAS 3,375 21-010228 | 3.500.000 | EUR | 3.435.727,27 | 2.825.182,50 | 0,80% |
| CASINO GUICHARD 5,25 21-150427 | 500.000 | EUR | 507.000,00 | 335.600,00 | 0,09% |
| CASINO GUICHARD-PERRACHON 3,58 14-070225 | 400.000 | EUR | 320.000,00 | 296.128,00 | 0,08% |
| CASINO GUICHARD-PERRACHON 4,048 14-050826 | 700.000 | EUR | 672.048,46 | 481.516,00 | 0,14% |
| CASINO GUICHARD-PERRACHON 4,498 14-070324 | 700.000 | EUR | 629.825,00 | 565.971,00 | 0,16% |
| CATALENT PHARMACEUTICAL SOL 2,375 20-010328 | 5.000.000 | EUR | 5.005.000,00 | 4.100.000,00 | 1,16% |
| CELLNEX 1,25 21-29 | 3.000.000 | EUR | 2.309.250,00 | 2.244.000,00 | 0,63% |
| CHEPLAPHARMACEUTICAL ARZNEI 4,375 20-150128 | 900.000 | EUR | 900.000,00 | 768.933,00 | 0,22% |
| CHROME BIDCO 3,50 21-310528 | 3.000.000 | EUR | 2.992.500,00 | 2.471.535,00 | 0,70% |
| CIDRON AIDA FINCO 5,00 21-010428 | 1.550.000 | EUR | 1.550.000,00 | 1.295.660,50 | 0,37% |
| CMA CGM 7,50 20-150126 | 1.000.000 | EUR | 1.059.724,00 | 1.026.270,00 | 0,29% |
| CONSTELLIUM 4,25 17-150226 | 1.000.000 | EUR | 984.704,24 | 908.050,00 | 0,26% |
| CONSTELLIUM SE 3,125 21-150729 | 1.500.000 | EUR | 1.499.133,33 | 1.159.395,00 | 0,33% |

|  |
| --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| CROWN EUROPEAN HLDG 2,625 16-300924 | 6.000.000 | EUR | 6.032.400,00 | 5.728.110,00 | 1,61% |
| CT INVESTMENT 5,50 21-150426 | 1.050.000 | EUR | 1.075.287,50 | 859.671,75 | 0,24% |
| DERICHEBOURG 2,25 21-150728 | 1.750.000 | EUR | 1.750.000,00 | 1.431.858,75 | 0,40% |
| DOUGLAS GMBH 6,00 21-080426 | 1.700.000 | EUR | 1.698.552,45 | 1.327.079,50 | 0,37% |
| EDP-ENERGIAS DE PORT FRN 21-020881 | 4.500.000 | EUR | 4.281.580,00 | 3.647.385,00 | 1,03% |
| EDREAMS OIGEO 5,50 21-040727 | 1.000.000 | EUR | 1.000.867,95 | 800.485,00 | 0,23% |
| ELIOR PARTICIPATIONS 3,75 21-150726 | 4.000.000 | EUR | 4.082.000,00 | 3.123.620,00 | 0,88% |
| ELM B.V. FRN 20-PERPETUAL | 3.000.000 | EUR | 3.111.435,00 | 2.764.365,00 | 0,78% |
| ENERGIAS DE PORTUGAL FRN 20-200780 | 700.000 | EUR | 698.208,00 | 603.116,50 | 0,17% |
| EUROFINS SCIENTIFIC FRN 17-PERPETUA | 4.000.000 | EUR | 4.230.947,00 | 3.567.720,00 | 1,01% |
| FAURECIA 3,75 20-150628 | 3.500.000 | EUR | 3.670.264,06 | 2.713.585,00 | 0,76% |
| FAURECIA SE 2,375 21-150629 | 3.415.000 | EUR | 3.419.013,47 | 2.410.870,47 | 0,68% |
| FORD MOTOR CREDIT 2,386 19-170226 | 3.000.000 | EUR | 3.035.335,71 | 2.633.295,00 | 0,74% |
| GOLDSTORY SAS 5,375 21-010326 | 4.000.000 | EUR | 4.101.392,00 | 3.394.440,00 | 0,96% |
| GRUENENTHAL GMBH 3,625 21-151126 | 5.000.000 | EUR | 5.081.750,00 | 4.536.100,00 | 1,28% |
| HOLCIM FINANCE FRN 19-PERPETUAL | 3.000.000 | EUR | 3.039.888,00 | 2.871.975,00 | 0,81% |
| HT TROPLAST GMBH 9,25 20-150725 | 1.000.000 | EUR | 988.750,00 | 890.835,00 | 0,25% |
| ILIAD HLDG SAS 5,625 21-151028 | 610.000 | EUR | 610.000,00 | 521.916,00 | 0,15% |
| ILIAD S.A. 5,125 21-151026 | 1.500.000 | EUR | 1.527.256,32 | 1.341.652,50 | 0,38% |
| INEOS FINANCE 3,375 20-310326 | 1.000.000 | EUR | 1.000.000,00 | 901.180,00 | 0,25% |
| INEOS FINANCE PLC 2,125 17-151125 | 880.000 | EUR | 825.000,00 | 795.225,20 | 0,22% |
| INEOS QUATTRO FINANCE 2,50 21-150126 | 6.500.000 | EUR | 6.561.027,77 | 5.498.317,50 | 1,55% |
| INEOS QUATTRO FINANCE 3,75 21-150726 | 500.000 | EUR | 500.000,00 | 402.620,00 | 0,11% |
| INFINEON TECHNOLOGIES FRN 19-PERPETUAL | 1.000.000 | EUR | 1.106.225,33 | 877.125,00 | 0,25% |
| INTER GAME TECHNOLOGY 2,375 19-150428 | 970.000 | EUR | 927.562,50 | 766.464,90 | 0,22% |
| INTERNATIONAL GAME TECHNOLOGY 3,50 19-150626 | 875.000 | EUR | 875.000,00 | 799.544,38 | 0,23% |
| INTRALOT CAPITAL LUX 5,25 17-150924 | 1.800.000 | EUR | 1.572.630,00 | 1.611.000,00 | 0,45% |
| IQVIA INC. 1,75 21-150326 | 2.000.000 | EUR | 2.000.000,00 | 1.767.090,00 | 0,50% |
| IQVIA INC. 2,25 19-150128 | 4.000.000 | EUR | 4.021.333,33 | 3.325.840,00 | 0,94% |
| IQVIA INC. 2,25 21-150329 | 3.000.000 | EUR | 2.767.500,00 | 2.388.120,00 | 0,67% |
| JAGUAR LAND ROVER 2,20 17-150124 | 880.000 | EUR | 866.597,60 | 797.174,40 | 0,22% |
| JAGUAR LAND ROVER 4,50 18-150126 | 1.000.000 | EUR | 1.029.696,93 | 828.635,00 | 0,23% |
| JAGUAR LAND ROVER 5,875 19-151124 | 1.500.000 | EUR | 1.610.110,83 | 1.384.372,50 | 0,39% |
| KAPLA HLDG SAS 3,375 19-151226 | 4.000.000 | EUR | 3.968.020,00 | 3.159.320,00 | 0,89% |
| LABORATOIRE EIMER 5,00 21-010229 | 4.250.000 | EUR | 4.366.228,26 | 2.984.222,50 | 0,84% |
| LA FINAC ATALIAN 5,125 18-150525 | 400.000 | EUR | 393.000,00 | 307.898,00 | 0,09% |
| LA FINAC ATALIAN S.A. 4,00 17-150524 | 1.000.000 | EUR | 989.400,00 | 776.890,00 | 0,22% |
| LOXAM SAS 2,875 19-150426 | 1.000.000 | EUR | 995.833,33 | 849.305,00 | 0,24% |
| LOXAM SAS 3,75 19-150726 | 5.000.000 | EUR | 5.022.296,00 | 4.300.650,00 | 1,21% |
| LOXAM SAS 4,50 19-150427 | 300.000 | EUR | 300.000,00 | 228.243,00 | 0,06% |
| LOXAM SAS 5,75 19-150727 | 4.250.000 | EUR | 4.208.775,00 | 3.355.863,75 | 0,95% |
| LUNE HLDG 5,625 21-151128 | 2.000.000 | EUR | 1.874.500,00 | 1.622.730,00 | 0,46% |
| MAHLE GMBH 2,375 21-140528 | 1.000.000 | EUR | 803.400,00 | 667.230,00 | 0,19% |
| MATTERHORN TELECOM 4,00 17-151127 | 6.800.000 | EUR | 7.011.460,27 | 5.796.830,00 | 1,63% |
| MAXEDA DIY HLDG 5,875 20-011026 | 600.000 | EUR | 610.735,55 | 426.432,00 | 0,12% |
| MOBILUX FINANCE 4,25 21-150728 | 500.000 | EUR | 502.500,00 | 368.860,00 | 0,10% |
| MONITCHEM HOLDCO 5,25 19-150325 | 1.000.000 | EUR | 948.750,00 | 920.345,00 | 0,26% |
| NETFLIX INC. 4,625 18-150529 | 3.700.000 | EUR | 4.308.413,20 | 3.507.840,50 | 0,99% |
| NIDDA BONDCO GMBH 5,00 17-300925 | 500.000 | EUR | 516.150,00 | 405.300,00 | 0,11% |
| NIDDA HEALTHCARE 3,50 17-300924 | 1.750.000 | EUR | 1.776.250,00 | 1.555.277,50 | 0,44% |
| NOBEL BIDCO B.V. 3,125 21-150628 | 880.000 | EUR | 880.000,00 | 596.934,80 | 0,17% |

|  |
| --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| NOBIAN FINANCE 3,625 21-150726 | 2.000.000 | EUR | 2.000.000,00 | 1.551.090,00 | 0,44% |
| NOKIA CORP. 2,375 20-150525 | 5.000.000 | EUR | 5.014.500,00 | 4.825.525,00 | 1,36% |
| NOKIA CORP. 3,125 20-150528 | 2.870.000 | EUR | 3.090.973,70 | 2.625.935,20 | 0,74% |
| NORICAN GROUP 4,50 17-150523 | 5.000.000 | EUR | 4.812.832,19 | 4.415.525,00 | 1,24% |
| OCI N.V. 3,625 20-151025 | 2.500.000 | EUR | 2.242.500,00 | 2.208.285,00 | 0,62% |
| OI EUROPEAN GROUP 2,875 19-150225 | 1.320.000 | EUR | 1.320.000,00 | 1.200.830,40 | 0,34% |
| ORGANON FINANCE 2,875 21-300428 | 875.000 | EUR | 875.000,00 | 736.820,00 | 0,21% |
| PAPREC HLDG 3,50 21-010728 | 3.000.000 | EUR | 3.000.000,00 | 2.354.790,00 | 0,66% |
| PICARD GROUPE 3,875 21-010726 | 3.000.000 | EUR | 3.000.000,00 | 2.459.310,00 | 0,69% |
| PPF TELECOM 3,25 20-290927 | 2.000.000 | EUR | 1.984.640,00 | 1.754.850,00 | 0,49% |
| QUATRIM SAS 5,875 19-150124 | 2.500.000 | EUR | 2.571.928,57 | 2.388.700,00 | 0,67% |
| QUINTILES IMS INC. 2,875 17-150925 | 2.000.000 | EUR | 1.974.000,00 | 1.923.750,00 | 0,54% |
| RCI BANQUE S.A. FRN 19-180230 | 1.700.000 | EUR | 1.580.872,50 | 1.484.814,00 | 0,42% |
| REBECCA BIDCO GMBH 5,75 20-150725 | 700.000 | EUR | 700.000,00 | 642.344,50 | 0,18% |
| REPSOL INTERNATIONAL FINANCE 4,50 15-250375 | 1.300.000 | EUR | 1.465.907,16 | 1.247.532,00 | 0,35% |
| REPSOL INTERNATIONAL FINANCE FRN 20-PERPETUAL | 2.000.000 | EUR | 2.152.466,67 | 1.721.410,00 | 0,49% |
| REPSOL INTERNATIONAL FINANCE FRN 20-PERPETUAL | 2.000.000 | EUR | 2.162.000,00 | 1.805.230,00 | 0,51% |
| REXEL S.A. 2,125 21-150628 | 6.000.000 | EUR | 6.034.170,00 | 4.749.300,00 | 1,34% |
| ROSSINI SARL 6,75 18-301025 | 2.800.000 | EUR | 2.894.619,58 | 2.703.302,00 | 0,76% |
| SARENS FINANCE CO N.V. 5,75 20-240227 | 500.000 | EUR | 500.000,00 | 336.850,00 | 0,09% |
| SCHAEFFLER A.G. 3,375 20-121028 | 4.000.000 | EUR | 4.074.000,00 | 3.252.620,00 | 0,92% |
| SCIL IV LLC 4,375 21-011126 | 800.000 | EUR | 805.950,00 | 652.740,00 | 0,18% |
| SES S.A. FRN 21-PERPETUAL | 4.750.000 | EUR | 4.804.320,65 | 3.990.237,50 | 1,12% |
| SHUNSHINE MID B.V. 6,50 18-150526 | 1.000.000 | EUR | 976.800,31 | 1.000.200,00 | 0,28% |
| SOFTBK GROUP CORP.3,125 17-190925 | 2.700.000 | EUR | 2.636.500,00 | 2.277.976,50 | 0,64% |
| SOFTBK GROUP CORP.4,50 18-200425 | 870.000 | EUR | 898.849,20 | 792.857,10 | 0,22% |
| SOLVAY FRN 20-PERPETUAL | 900.000 | EUR | 915.475,50 | 775.566,00 | 0,22% |
| SOLVAY S.A. FRN 18-PERPETUAL | 700.000 | EUR | 767.375,00 | 676.903,50 | 0,19% |
| SPCM S.A. 2,625 20-010229 | 1.750.000 | EUR | 1.750.000,00 | 1.430.003,75 | 0,40% |
| SPIE S.A. 2,625 19-180626 | 6.700.000 | EUR | 6.850.502,70 | 6.002.228,50 | 1,69% |
| SUPERIOR INDUSTRIES 6,00 17-150625 | 350.000 | EUR | 348.513,03 | 281.953,00 | 0,08% |
| SYNTHOMER PLC 3,875 20-010725 | 5.000.000 | EUR | 5.093.400,00 | 4.545.450,00 | 1,28% |
| TECHEM VERWAL 2,00 20-150725 | 6.000.000 | EUR | 5.972.450,00 | 5.275.800,00 | 1,49% |
| TELEFONICA EUROPE FRN 18-PERPETUAL | 3.500.000 | EUR | 3.566.424,35 | 3.141.600,00 | 0,89% |
| TELEFONICA EUROPE FRN 19-PERPETUAL | 5.900.000 | EUR | 6.386.520,00 | 5.634.913,00 | 1,59% |
| TELEFONICA EUROPE FRN 21-PERPETUAL | 3.000.000 | EUR | 2.496.850,00 | 2.136.960,00 | 0,60% |
| TELENET FINANCE LUX NOTE 3,50 17-010328 | 5.300.000 | EUR | 5.335.271,16 | 4.515.547,00 | 1,27% |
| TEOLLISUUDEN VOIMA 2,625 22-310327 | 3.500.000 | EUR | 3.482.885,00 | 3.250.992,50 | 0,92% |
| TEREOS FINANCE 4,75 22-300427 | 5.900.000 | EUR | 5.900.000,00 | 5.050.046,00 | 1,42% |
| THE HOUSE FINANCE 4,375 19-150726 | 1.000.000 | EUR | 990.000,00 | 973.860,00 | 0,27% |
| TI AUTOMOTIVE FINANCE 3,75 21-150429 | 1.675.000 | EUR | 1.675.000,00 | 1.169.593,87 | 0,33% |
| TRIVIUM PACKAGING 3,75 19-150826 | 3.900.000 | EUR | 3.985.469,38 | 3.591.607,50 | 1,01% |
| UPCB FINANCE VII 3,625 17-150629 | 3.000.000 | EUR | 3.086.625,00 | 2.483.295,00 | 0,70% |
| UPC HLDG B.V. 3,875 17-150629 | 500.000 | EUR | 501.044,12 | 403.630,00 | 0,11% |
| VERALLIA FRANCE S.A. 1,875 21-101131 | 500.000 | EUR | 500.313,57 | 374.662,50 | 0,11% |
| VERALLIA SASU 1,625 21-140528 | 4.000.000 | EUR | 3.617.660,00 | 3.300.480,00 | 0,93% |
| VERDE BIDCO SpA 4,625 21-011026 | 250.000 | EUR | 250.000,00 | 206.227,50 | 0,06% |
| VERISURE HLDG 3,875 20-150726 | 4.000.000 | EUR | 4.140.000,00 | 3.512.820,00 | 0,99% |
| VERISURE HLDG AB 3,25 21-150227 | 1.320.000 | EUR | 1.320.000,00 | 1.094.022,60 | 0,31% |
| VERISURE MIDHOLDING 5,25 21-150229 | 3.500.000 | EUR | 3.547.813,89 | 2.678.182,50 | 0,75% |
| VICTORIA PLC 3,625 21-260826 | 5.500.000 | EUR | 5.579.447,50 | 4.301.605,00 | 1,21% |

|  |
| --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| VIRGIN MEDIA 3,75 20-150730 | 4.000.000 | EUR | 4.021.680,00 | 2.991.760,00 | 0,84% |
| VMED O2 UK FINANCING 3,25 20-310131 | 4.000.000 | EUR | 4.000.000,00 | 3.096.060,00 | 0,87% |
| VODAFONE GROUP FRN 18-031078 | 2.000.000 | EUR | 1.973.600,00 | 1.769.400,00 | 0,50% |
| VODAFONE GROUP FRN 20-270880 | 2.000.000 | EUR | 1.897.000,00 | 1.732.470,00 | 0,49% |
| VOLVO CAR AB 2,00 17-240125 | 4.000.000 | EUR | 3.950.492,00 | 3.742.920,00 | 1,06% |
| VOLVO CAR AB 2,50 20-071027 | 1.300.000 | EUR | 1.319.842,05 | 1.132.157,00 | 0,32% |
| VZ SECURED FINANCE 3,50 22-150132 | 900.000 | EUR | 900.000,00 | 681.183,00 | 0,19% |
| VZ VENDOR FINANCE 2,875 20-150129 | 900.000 | EUR | 900.000,00 | 670.216,50 | 0,19% |
| WMG ACQUISITION 2,75 20-150728 | 3.000.000 | EUR | 3.000.000,00 | 2.543.640,00 | 0,72% |
| WP-AP TELECOM 5,50 21-150130 | 2.000.000 | EUR | 2.000.000,00 | 1.513.310,00 | 0,43% |
| ZIGGO B.V. 2,875 19-150130 | 880.000 | EUR | 884.400,00 | 673.028,40 | 0,19% |
| ZIGGO BOND CO B.V. 3,375 20-280230 | 1.200.000 | EUR | 1.179.660,00 | 846.588,00 | 0,24% |
| Total EURO |  |  | 378.905.806,10 | 320.616.611,60 | 90,38% |
| Total Obligations |  |  | 378.905.806,10 | 320.616.611,60 | 90,38% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 378.905.806,10 | 320.616.611,60 | 90,38% |
| Total du Portefeuille-Titres |  |  | 378.905.806,10 | 320.616.611,60 | 90,38% |

|  |
| --- |
| DPAM L GLOBAL TARGET INCOME |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Fonds d'investissements |  |  |  |  |  |
| DPAM -B- BONDS EUR IG P | 27.566 | EUR | 1.818.129,26 | 1.860.949,00 | 4,07% |
| DPAM -B- BONDS GLOBAL INFLA LINKED P HEDGED | 33.861 | EUR | 4.109.322,59 | 4.099.239,66 | 8,96% |
| DPAM -B- BONDS GLOBAL INFLATION LINKED P | 15.483 | EUR | 2.303.795,36 | 2.304.799,38 | 5,04% |
| DPAM -B- EQUIT. EUROPE DIVIDEND P | 157 | EUR | 3.975.624,09 | 4.087.068,60 | 8,93% |
| DPAM -B- EQUIT. EUR SMALL CAPS SUS P | 1.447 | EUR | 469.913,25 | 439.859,06 | 0,96% |
| DPAM -B- EQUIT. NEWGEMS SUSTAINABLE P | 21 | EUR | 796.931,31 | 807.279,69 | 1,76% |
| DPAM -B- EQUIT. US BEHAVIORAL VALUE - P | 109 | EUR | 2.794.597,14 | 2.585.029,83 | 5,65% |
| DPAM BONDS GOVT GLOBAL -P- -CAP- | 339 | EUR | 9.222.354,73 | 8.755.583,52 | 19,14% |
| DPAM -B- REAL ESTATE EU DIVIDEND SU P | 2.803 | EUR | 785.498,96 | 657.583,80 | 1,44% |
| DPAM L BONDS EUR HIGH YIELD SHORT-TERM -P- | 51.658 | EUR | 7.380.498,75 | 7.139.652,18 | 15,61% |
| DPAM L BONDS GOVERNEMENT SUSTAINABLE -P- | 5.655 | EUR | 9.499.867,92 | 8.610.811,95 | 18,82% |
| Total EURO |  |  | 43.156.533,36 | 41.347.856,67 | 90,39% |
| Total Fonds d'investissements |  |  | 43.156.533,36 | 41.347.856,67 | 90,39% |
| Total du Portefeuille-Titres |  |  | 43.156.533,36 | 41.347.856,67 | 90,39% |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Actions Cotées ou Négociées |  |  |  |  |  |
| CSL LTD | 630 | AUD | 76.677,66 | 112.277,86 | 0,18% |
| Total DOLLAR AUSTRALIEN |  |  | 76.677,66 | 112.277,86 | 0,18% |
| WASTE CONNECTIONS INC. | 1.250 | CAD | 107.652,70 | 147.936,67 | 0,24% |
| Total DOLLAR CANADIEN |  |  | 107.652,70 | 147.936,67 | 0,24% |
| PARTNERS GROUP HOLDING | 150 | CHF | 109.590,93 | 128.913,98 | 0,21% |
| SIG GROUP A.G. | 9.450 | CHF | 177.045,13 | 198.460,39 | 0,32% |
| SKAN GROUP A.G. | 2.500 | CHF | 126.528,89 | 129.383,55 | 0,21% |
| Total FRANC SUISSE |  |  | 413.164,95 | 456.757,92 | 0,73% |
| DSV A/S | 840 | DKK | 88.042,98 | 111.960,09 | 0,18% |
| NOVO NORDISK -B- | 4.065 | DKK | 163.501,77 | 430.296,98 | 0,68% |
| ORSTED A/S | 1.250 | DKK | 170.402,13 | 124.703,33 | 0,20% |
| Total COURONNE DANOISE |  |  | 421.946,88 | 666.960,40 | 1,06% |
| ACCOR | 4.600 | EUR | 145.834,47 | 118.818,00 | 0,19% |
| ADYEN | 97 | EUR | 109.367,23 | 134.636,00 | 0,21% |
| AGEAS N.V. | 6.000 | EUR | 262.120,98 | 251.880,00 | 0,40% |
| AIR LIQUIDE | 1.899 | EUR | 171.523,44 | 243.299,88 | 0,39% |
| AKZO NOBEL N.V. - ORDSHR | 1.360 | EUR | 118.519,12 | 85.163,20 | 0,14% |
| ALD S.A. | 15.000 | EUR | 174.148,82 | 166.800,00 | 0,27% |
| ALLIANZ A.G. -REG- | 1.440 | EUR | 262.687,09 | 262.252,80 | 0,42% |
| ALSTOM | 5.018 | EUR | 212.575,04 | 108.338,62 | 0,17% |
| AMADEUS IT GROUP S.A. | 3.117 | EUR | 188.653,61 | 165.699,72 | 0,26% |
| AMPLIFON Spa | 5.000 | EUR | 149.663,33 | 146.250,00 | 0,23% |
| AMUNDI S.A. | 3.370 | EUR | 197.595,07 | 175.914,00 | 0,28% |
| ANHEUSER-BUSCH INBEV | 3.740 | EUR | 211.103,52 | 192.086,40 | 0,31% |
| APERAM -REG- | 3.789 | EUR | 113.089,51 | 100.408,50 | 0,16% |
| APPLUS SERVICES S.A. | 24.500 | EUR | 199.888,89 | 161.700,00 | 0,26% |
| AROUNDTOWN S.A. | 22.324 | EUR | 170.443,55 | 67.708,69 | 0,11% |
| ASM INTERNATIONAL | 850 | EUR | 172.883,85 | 202.810,00 | 0,32% |
| ASML HOLDING NV | 795 | EUR | 121.093,25 | 362.400,75 | 0,58% |
| AZELIS GROUP N.V. | 7.800 | EUR | 190.363,35 | 162.864,00 | 0,26% |
| BANCO BILBAO VIZCAYA | 44.000 | EUR | 263.014,22 | 190.542,00 | 0,30% |
| BARCO N.V. | 9.326 | EUR | 168.762,01 | 188.012,16 | 0,30% |
| BEIERSDORF A.G. | 1.740 | EUR | 175.647,89 | 169.615,20 | 0,27% |
| BE SEMICONDUCTOR INDUSTRIES | 1.200 | EUR | 85.187,71 | 55.044,00 | 0,09% |
| BMW-BAYERISCHE MOTOREN WERKE A.G. | 2.000 | EUR | 143.863,80 | 146.920,00 | 0,23% |
| BREMBO SpA | 12.900 | EUR | 135.566,32 | 119.583,00 | 0,19% |
| CAPGEMINI SE | 1.340 | EUR | 131.383,81 | 219.023,00 | 0,35% |
| CELLNEX TELECOM S.A. | 4.967 | EUR | 190.130,17 | 183.928,01 | 0,29% |
| CIE DES ALPES S.A. | 5.609 | EUR | 80.849,63 | 80.096,52 | 0,13% |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| COVESTRO A.G. | 2.400 | EUR | 136.850,48 | 79.152,00 | 0,13% |
| CTP B.V. | 9.644 | EUR | 135.338,04 | 106.084,00 | 0,17% |
| CTS EVENTIM A.G. & CO. KGAA | 2.315 | EUR | 107.825,68 | 115.750,00 | 0,18% |
| DANIELI & C. OFFICINE MECCANICHE | 8.500 | EUR | 210.859,05 | 165.750,00 | 0,26% |
| DASSAULT SYSTEMES SE | 3.005 | EUR | 80.777,66 | 105.520,58 | 0,17% |
| DAVIDE CAMPARI-MILANO N.V. | 16.900 | EUR | 129.264,82 | 169.591,50 | 0,27% |
| DE LONGHI SpA | 5.000 | EUR | 154.912,68 | 88.700,00 | 0,14% |
| DEUTSCHE BOERSE A.G. | 1.750 | EUR | 265.676,80 | 279.300,00 | 0,44% |
| DEUTSCHE POST A.G. -REG- | 3.300 | EUR | 173.864,97 | 117.942,00 | 0,19% |
| DEUTSCHE TELEKOM A.G. -REG- | 8.600 | EUR | 129.135,47 | 162.935,60 | 0,26% |
| EDP ENERGIAS -REG- | 45.362 | EUR | 158.868,54 | 201.951,62 | 0,32% |
| EDP RENOVAVEIS S.A. | 8.000 | EUR | 149.161,18 | 180.160,00 | 0,29% |
| ENEL AZ | 22.900 | EUR | 130.844,85 | 119.538,00 | 0,19% |
| ESSILOR LUXOTTICA S.A. | 1.650 | EUR | 265.532,91 | 235.785,00 | 0,38% |
| EXCLUSIVE NETWORKS | 8.000 | EUR | 160.000,00 | 118.720,00 | 0,19% |
| FAGRON | 7.000 | EUR | 106.580,24 | 108.080,00 | 0,17% |
| FINECOBANK SpA | 15.100 | EUR | 193.391,89 | 172.442,00 | 0,27% |
| GRIFOLS S.A. | 12.450 | EUR | 291.775,63 | 224.535,75 | 0,36% |
| GROUPE BRUX LAMBERT | 2.250 | EUR | 206.506,37 | 179.280,00 | 0,29% |
| HANNOVER RUECK SE | 1.600 | EUR | 237.983,40 | 221.600,00 | 0,35% |
| IBERDROLA S.A. | 24.363 | EUR | 200.575,39 | 241.096,25 | 0,38% |
| IMCD N.V. | 1.520 | EUR | 115.162,14 | 199.044,00 | 0,32% |
| INFINEON TECHNOLOGIES | 4.950 | EUR | 90.503,57 | 114.295,50 | 0,18% |
| INTERPUMP GROUP SpA | 2.850 | EUR | 118.422,37 | 103.683,00 | 0,16% |
| INTESA SAN PAOLO SpA | 99.000 | EUR | 203.673,49 | 176.220,00 | 0,28% |
| IPSOS S.A. | 2.600 | EUR | 105.299,63 | 117.780,00 | 0,19% |
| KBC GROUP S.A. | 6.330 | EUR | 393.580,83 | 338.908,20 | 0,54% |
| KERRY GROUP PLC | 1.830 | EUR | 174.271,77 | 167.152,20 | 0,27% |
| KINGSPAN GROUP PLC | 2.000 | EUR | 109.974,62 | 114.800,00 | 0,18% |
| KONECRANES PLC | 5.900 | EUR | 211.084,78 | 131.098,00 | 0,21% |
| KONINKLIJKE AHOLD DELHAIZE N.V. | 8.500 | EUR | 191.880,08 | 211.310,00 | 0,34% |
| KONINKLIJKE DSM N.V. | 1.677 | EUR | 170.594,90 | 229.916,70 | 0,37% |
| KONINKLIJKE KPN | 92.000 | EUR | 228.735,89 | 312.892,00 | 0,50% |
| L'OREAL | 535 | EUR | 151.693,37 | 176.175,50 | 0,28% |
| LVMH MOET HENNESSY.LOUIS VUITTON SE | 690 | EUR | 327.723,44 | 401.373,00 | 0,64% |
| MARR SpA | 10.350 | EUR | 205.397,29 | 136.206,00 | 0,22% |
| MEDIOBANCA | 17.000 | EUR | 142.630,36 | 140.386,00 | 0,22% |
| MELEXIS N.V. | 1.120 | EUR | 97.955,58 | 76.664,00 | 0,12% |
| MERCK KGAA | 620 | EUR | 58.998,26 | 99.820,00 | 0,16% |
| MONCLER SpA | 4.150 | EUR | 151.547,39 | 169.859,50 | 0,27% |
| NN GROUP N.V. | 6.964 | EUR | 251.406,42 | 301.819,76 | 0,48% |
| PIRELLI & CO SpA | 39.000 | EUR | 184.449,37 | 151.164,00 | 0,24% |
| PRYSMIAN SpA | 6.050 | EUR | 116.356,35 | 158.570,50 | 0,25% |
| RANDSTAD N.V. | 1.970 | EUR | 90.724,22 | 91.014,00 | 0,14% |
| REXEL S.A. | 10.500 | EUR | 214.450,88 | 154.087,50 | 0,25% |
| SAP A.G. | 2.990 | EUR | 269.727,11 | 259.920,70 | 0,41% |
| SCHNEIDER ELECTRIC SE | 2.200 | EUR | 205.858,39 | 248.380,00 | 0,40% |
| SODEXO | 2.830 | EUR | 204.489,58 | 189.779,80 | 0,30% |
| SOLVAY & CIE | 1.380 | EUR | 126.146,51 | 106.701,60 | 0,17% |
| STELLANTIS N.V. | 12.378 | EUR | 152.656,27 | 145.961,38 | 0,23% |
| TELENET GROUP HLDG | 5.950 | EUR | 191.954,94 | 117.869,50 | 0,19% |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| UCB | 2.250 | EUR | 183.889,55 | 181.440,00 | 0,29% |
| UMICORE S.A. | 3.000 | EUR | 121.260,79 | 99.960,00 | 0,16% |
| VIDRALA S.A. | 1.627 | EUR | 153.349,45 | 112.588,40 | 0,18% |
| WAREHOUSES DE PAUW N.V. | 4.528 | EUR | 104.362,93 | 135.840,00 | 0,22% |
| Total EURO |  |  | 13.991.898,25 | 13.728.389,49 | 21,84% |
| 3I GROUP PLC | 10.156 | GBP | 129.101,80 | 130.784,46 | 0,21% |
| ASTRAZENECA PLC | 2.370 | GBP | 172.416,59 | 297.351,30 | 0,47% |
| AVEVA GROUP PLC | 4.700 | GBP | 198.200,55 | 122.905,44 | 0,20% |
| B&M EUROPEAN VALUE RETAIL SA. REG. | 25.000 | GBP | 166.973,12 | 106.499,77 | 0,17% |
| BEAZLEY PLC | 45.000 | GBP | 183.905,20 | 260.861,99 | 0,41% |
| CRODA INTERNATIONAL PLC | 2.120 | GBP | 114.282,81 | 159.394,05 | 0,25% |
| DS SMITH PLC | 34.000 | GBP | 115.778,83 | 109.528,35 | 0,17% |
| INTERCONTINENTAL A.G.HOTELS GROUP PLC | 3.152 | GBP | 154.699,38 | 159.284,39 | 0,25% |
| SPIRAX SARCO ENGINEERING PLC | 1.260 | GBP | 158.150,82 | 144.589,68 | 0,23% |
| Total LIVRE STERLING |  |  | 1.393.509,10 | 1.491.199,43 | 2,37% |
| NIDEC CORP. | 2.000 | JPY | 110.292,54 | 114.652,12 | 0,18% |
| SONY GROUP CORP. | 2.200 | JPY | 103.520,38 | 166.591,98 | 0,26% |
| Total YEN JAPONAIS |  |  | 213.812,92 | 281.244,10 | 0,45% |
| DNB BANK ASA | 16.300 | NOK | 286.219,50 | 278.616,97 | 0,44% |
| Total COURONNE NORVÉGIENNE |  |  | 286.219,50 | 278.616,97 | 0,44% |
| ATLAS COPCO A | 9.680 | SEK | 85.170,05 | 86.353,46 | 0,14% |
| EPIROC AKTIEBOLAG AK -A- | 6.700 | SEK | 127.217,73 | 98.781,87 | 0,16% |
| NIBE INDUSTRIER AK -B- | 11.500 | SEK | 33.166,71 | 82.440,74 | 0,13% |
| Total COURONNE SUÉDOISE |  |  | 245.554,49 | 267.576,07 | 0,43% |
| ADOBE INC. | 310 | USD | 92.001,74 | 108.545,22 | 0,17% |
| AGILENT TECHNOLOGIES INC. | 1.190 | USD | 79.235,73 | 135.191,83 | 0,22% |
| APPLE INC. | 1.440 | USD | 163.300,19 | 188.317,76 | 0,30% |
| BOSTON SCIENTIFIC CORP. | 6.250 | USD | 203.414,65 | 222.810,75 | 0,35% |
| DANAHER CORP. | 870 | USD | 108.037,81 | 210.973,65 | 0,34% |
| DOLLAR GENERAL CORP. | 1.175 | USD | 198.411,95 | 275.854,42 | 0,44% |
| DOLLAR TREE INC. | 1.670 | USD | 128.094,30 | 248.954,52 | 0,40% |
| INTUIT INC. | 400 | USD | 131.534,43 | 147.473,34 | 0,23% |
| MARSH & MC LENNAN | 1.250 | USD | 96.338,27 | 185.625,81 | 0,30% |
| MASTERCARD INC - A | 870 | USD | 174.727,65 | 262.535,37 | 0,42% |
| MEDTRONIC PLC | 1.730 | USD | 144.004,43 | 148.517,38 | 0,24% |
| MICROSOFT CORP. | 1.680 | USD | 154.593,63 | 412.716,44 | 0,66% |
| NIKE INC. -B- | 1.430 | USD | 125.506,85 | 139.792,43 | 0,22% |
| NVIDIA CORP. | 790 | USD | 26.578,47 | 114.549,81 | 0,18% |
| PNC FINANCIAL SERVICES GROUP | 1.570 | USD | 194.777,49 | 236.930,41 | 0,38% |
| PTC INC | 1.500 | USD | 114.507,45 | 152.575,45 | 0,24% |
| ROSS STORES INC. | 2.330 | USD | 190.719,77 | 156.521,98 | 0,25% |
| S&P GLOBAL INC. | 585 | USD | 165.638,51 | 188.607,87 | 0,30% |
| SALESFORCE INC. | 1.120 | USD | 226.250,22 | 176.808,84 | 0,28% |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| SERVICENOW INC. | 365 | USD | 66.751,72 | 166.019,23 | 0,26% |
| SPLUNK INC. | 1.190 | USD | 134.999,65 | 100.690,99 | 0,16% |
| THERMO FISHER SCIENTIFIC INC. | 230 | USD | 70.348,67 | 119.522,12 | 0,19% |
| TRANE TECHNOLOGIES PLC | 1.530 | USD | 128.065,15 | 190.062,75 | 0,30% |
| TRANSUNION | 1.800 | USD | 184.281,87 | 137.722,51 | 0,22% |
| UNITEDHEALTH | 400 | USD | 189.747,83 | 196.520,16 | 0,31% |
| WALT DISNEY CO | 1.420 | USD | 140.878,18 | 128.220,38 | 0,20% |
| ZOETIS INC. -A- | 1.120 | USD | 130.322,99 | 184.147,30 | 0,29% |
| Total DOLLAR DES ETATS-UNIS |  |  | 3.763.069,60 | 4.936.208,72 | 7,85% |
| Total Actions Cotées ou Négociées |  |  | 20.913.506,05 | 22.367.167,63 | 35,58% |
| Obligations |  |  |  |  |  |
| AUSTRALIA 2,75 15-211127 | 500.000 | AUD | 352.885,89 | 320.692,60 | 0,51% |
| AUSTRALIA 3,25 13-210425 | 600.000 | AUD | 417.622,72 | 397.751,84 | 0,63% |
| Total DOLLAR AUSTRALIEN |  |  | 770.508,61 | 718.444,44 | 1,14% |
| CANADA 1,00 16-010627 | 1.020.000 | CAD | 678.348,52 | 685.265,58 | 1,09% |
| Total DOLLAR CANADIEN |  |  | 678.348,52 | 685.265,58 | 1,09% |
| A2A SpA 0,625 21-150731 | 300.000 | EUR | 299.388,00 | 223.546,50 | 0,36% |
| ABN AMRO BANK 0,875 19-150124 | 350.000 | EUR | 351.981,00 | 346.017,00 | 0,55% |
| ALLIANZ SE FRN 12-171042 | 200.000 | EUR | 210.656,00 | 202.574,00 | 0,32% |
| AMERICAN MEDICAL 0,75 22-080325 | 300.000 | EUR | 296.781,00 | 287.913,00 | 0,46% |
| ANZ BANKING GROUP FRN 19-211129 | 300.000 | EUR | 294.349,20 | 282.354,00 | 0,45% |
| AT&T INC. 1,05 18-050923 | 230.000 | EUR | 230.460,00 | 229.632,00 | 0,37% |
| ATLAS COPCO AB 0,625 16-300826 | 200.000 | EUR | 193.446,00 | 187.361,00 | 0,30% |
| AXA S.A. FRN 21-071041 | 300.000 | EUR | 297.294,00 | 231.039,00 | 0,37% |
| BANCO BILBAO VIZCAYA FRN 20-160130 | 400.000 | EUR | 401.750,00 | 360.378,00 | 0,57% |
| BECTON DICKINSON 1,00 16-151222 | 125.000 | EUR | 125.155,62 | 125.175,00 | 0,20% |
| BELGIUM KINGDOM OLO 85 18-220628 | 300.000 | EUR | 301.819,50 | 289.542,00 | 0,46% |
| BELGIUM OLO 73 3,00 14-220634 | 140.000 | EUR | 202.102,60 | 152.604,90 | 0,24% |
| BELGIUM OLO 81 0,80 17-220627 | 320.000 | EUR | 350.766,52 | 312.332,80 | 0,50% |
| BELGIUM OLO 82 0,50 17-221024 | 700.000 | EUR | 686.819,00 | 695.086,00 | 1,11% |
| BMW FINANCE N.V. 1,25 14-050922 | 140.000 | EUR | 143.300,50 | 140.271,60 | 0,22% |
| BMW FINANCE N.V. 1,50 19-060229 | 250.000 | EUR | 275.030,00 | 233.410,00 | 0,37% |
| BNP PARIBAS S.A. 2,375 15-170225 | 500.000 | EUR | 504.967,50 | 490.915,00 | 0,78% |
| BPCE S.A. 1,00 19-010425 | 300.000 | EUR | 300.180,00 | 286.680,00 | 0,46% |
| BPCE S.A. 1,125 17-180123 | 300.000 | EUR | 300.825,00 | 300.771,00 | 0,48% |
| BPOST S.A. 1,25 18-110726 | 400.000 | EUR | 388.496,00 | 385.048,00 | 0,61% |
| BUNDESREPUB DEUTSCH 0,00 22-150232 | 200.000 | EUR | 173.814,00 | 176.073,00 | 0,28% |
| CAPGEMINI SE 1,00 18-181024 | 400.000 | EUR | 412.392,00 | 390.328,00 | 0,62% |
| CARREFOUR S.A. 1,875 22-301026 | 400.000 | EUR | 399.764,00 | 378.536,00 | 0,60% |
| COFIROUTE 1,00 20-190531 | 100.000 | EUR | 99.845,00 | 84.437,50 | 0,13% |
| COOP RABOBANK 0,625 19-270224 | 200.000 | EUR | 199.608,00 | 196.402,00 | 0,31% |
| CRH FINANCE B.V. 1,875 15-090124 | 150.000 | EUR | 156.190,50 | 149.832,00 | 0,24% |
| DEUTSCHE TELEKOM A.G. 0,875 19-250326 | 300.000 | EUR | 302.433,00 | 287.502,00 | 0,46% |
| DEUTSCHLAND -INFLATION LINKED- 0,10 15-150426 | 250.000 | EUR | 285.762,57 | 308.648,49 | 0,49% |
| ECOLAB INC. 1,00 16-150124 | 450.000 | EUR | 451.154,25 | 444.321,00 | 0,71% |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| EDF 1,00 16-131026 | 300.000 | EUR | 291.069,00 | 284.439,00 | 0,45% |
| EDP FINANCE B.V. 1,875 18-131025 | 300.000 | EUR | 315.000,00 | 296.092,50 | 0,47% |
| ENEL FINANCE INTERNATIONAL 1,375 16-010626 | 500.000 | EUR | 478.957,50 | 476.377,50 | 0,76% |
| EUROPEAN UNION 0,00 21-040731 | 600.000 | EUR | 599.781,00 | 503.526,00 | 0,80% |
| EUROP STABILITY MECH 0,75 18-050928 | 250.000 | EUR | 265.462,50 | 235.745,00 | 0,37% |
| FINECOBANK FRN 21-211027 | 300.000 | EUR | 298.794,00 | 261.855,00 | 0,42% |
| FLEMISH COMMUNITY 0,125 20-151035 | 300.000 | EUR | 290.040,00 | 223.533,00 | 0,36% |
| FLEMISH COMMUNITY 0,375 20-150430 | 300.000 | EUR | 305.400,00 | 267.163,50 | 0,42% |
| FRANCE OAT 0,25 15-251126 | 550.000 | EUR | 546.611,50 | 526.251,00 | 0,84% |
| FRANCE OAT 0,75 17-250528 | 740.000 | EUR | 786.518,09 | 711.410,10 | 1,13% |
| FRANCE OAT 0,75 17-251128 | 255.000 | EUR | 256.595,02 | 243.406,43 | 0,39% |
| FRANCE OAT 1,00 16-250527 | 300.000 | EUR | 336.555,00 | 295.666,50 | 0,47% |
| FRANCE OAT 2,10 08-250723 | 210.000 | EUR | 273.636,11 | 272.167,12 | 0,43% |
| FRANCE OAT 5,50 97-250429 | 200.000 | EUR | 301.340,00 | 251.347,00 | 0,40% |
| FRANCE OAT -INFLATION LINKED- 0,10 19-010329 | 220.000 | EUR | 253.560,03 | 256.408,07 | 0,41% |
| GECINA 1,375 17-300627 | 200.000 | EUR | 195.157,00 | 185.406,00 | 0,29% |
| GERMANY 0,00 20-150230 | 470.000 | EUR | 471.773,60 | 430.031,20 | 0,68% |
| GERMANY 0,25 18-150828 | 200.000 | EUR | 188.000,00 | 190.071,00 | 0,30% |
| GERMANY 0,50 18-150228 | 240.000 | EUR | 256.485,39 | 232.645,20 | 0,37% |
| GERMANY 1,50 14-150524 | 135.000 | EUR | 147.888,45 | 137.356,42 | 0,22% |
| GERMANY -INFLATION LINKED- 0,10 12-150423 | 270.000 | EUR | 306.057,30 | 332.418,78 | 0,53% |
| GERMANY -INFLATION LINKED- 0,50 14-150430 | 180.000 | EUR | 230.968,42 | 233.607,17 | 0,37% |
| HEINEKEN N.V. 1,25 20-070533 | 300.000 | EUR | 299.616,00 | 246.022,50 | 0,39% |
| IBERDROLA FINANZAS 1,00 17-070325 | 600.000 | EUR | 597.804,00 | 587.601,00 | 0,93% |
| IBERDROLA FRN 21-PERPETUAL | 300.000 | EUR | 304.425,00 | 219.738,00 | 0,35% |
| IBERDROLA INTERNATIONAL B.V. 16-210426 | 500.000 | EUR | 493.962,50 | 485.392,50 | 0,77% |
| ING GROEP N.V. FRN 21-090632 | 400.000 | EUR | 401.844,00 | 337.216,00 | 0,54% |
| INTESA SAN PAOLO SpA 1,00 19-040724 | 300.000 | EUR | 305.762,40 | 291.985,50 | 0,46% |
| INTESA SAN PAOLO SpA 1,75 18-200328 | 300.000 | EUR | 265.311,00 | 269.323,50 | 0,43% |
| IRELAND 1,35 18-180331 | 370.000 | EUR | 429.997,40 | 357.954,65 | 0,57% |
| IRISH TREASURY 1,00 16-150526 | 750.000 | EUR | 772.530,00 | 746.872,50 | 1,19% |
| ITALY BTP 0,40 16-110424 | 220.000 | EUR | 223.294,23 | 231.205,63 | 0,37% |
| ITALY BTP 0,95 20-010830 | 500.000 | EUR | 516.780,00 | 425.910,00 | 0,68% |
| ITALY BTP 1,65 20-011230 | 210.000 | EUR | 232.320,90 | 188.120,10 | 0,30% |
| ITALY BTP 1,75 19-010724 | 530.000 | EUR | 558.030,60 | 533.736,50 | 0,85% |
| ITALY BTP 2,35 04-150935 | 75.000 | EUR | 130.471,04 | 114.794,72 | 0,18% |
| ITALY BTP 2,50 14-011224 | 520.000 | EUR | 556.021,60 | 530.779,60 | 0,84% |
| ITALY BTP 3,85 18-010949 | 420.000 | EUR | 604.918,95 | 439.233,90 | 0,70% |
| ITALY BTP 4,75 13-010928 | 220.000 | EUR | 286.892,20 | 245.756,50 | 0,39% |
| ITALY BTP -INFLATION LINKED- 0,40 19-150530 | 90.000 | EUR | 96.918,02 | 95.430,21 | 0,15% |
| ITALY TREASURY BONDS 2,80 18-011228 | 300.000 | EUR | 354.704,88 | 302.350,50 | 0,48% |
| KBC GROUPE FRN 21-140129 | 500.000 | EUR | 496.635,00 | 418.132,50 | 0,67% |
| KBC GROUP N.V. FRN 21-010327 | 400.000 | EUR | 400.718,40 | 359.460,00 | 0,57% |
| KERRY GROUP FINANCE SER 0,625 19-200929 | 200.000 | EUR | 196.076,00 | 164.962,00 | 0,26% |
| KERRY GROUP FINANCIAL FRN 21-011231 | 300.000 | EUR | 304.083,00 | 235.065,00 | 0,37% |
| KFW 1,125 17-150932 | 300.000 | EUR | 317.437,50 | 274.369,50 | 0,44% |
| LONZA FINANCE INTERNATIONAL 1,625 20-210427 | 200.000 | EUR | 203.548,00 | 190.486,00 | 0,30% |
| MERCK FRN 20-090980 | 200.000 | EUR | 200.750,00 | 174.787,00 | 0,28% |
| MORGAN STANLEY 1,75 16-110324 | 350.000 | EUR | 357.280,00 | 348.166,00 | 0,55% |
| MORGAN STANLEY FRN 21-290433 | 300.000 | EUR | 303.270,00 | 237.759,00 | 0,38% |
| NESTLE FINANCE INTERNATIONAL 0,375 20-120532 | 300.000 | EUR | 294.471,00 | 242.605,50 | 0,39% |

|  |
| --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| NETHERLAND 0,25 19-150729 | 300.000 | EUR | 315.429,00 | 276.475,50 | 0,44% |
| NETHERLANDS GOVT 0,75 18-150728 | 180.000 | EUR | 185.934,60 | 174.091,50 | 0,28% |
| NETHERLANDS GOVT 2,00 14-150724 | 180.000 | EUR | 201.090,60 | 184.815,90 | 0,29% |
| NN GROUP N.V. 0,875 17-130123 | 350.000 | EUR | 350.661,50 | 350.224,00 | 0,56% |
| NN GROUP N.V. 1,625 17-070727 | 200.000 | EUR | 217.918,00 | 190.541,00 | 0,30% |
| NORDEA BANK 0,625 21-180831 | 400.000 | EUR | 399.699,30 | 351.780,00 | 0,56% |
| ORANGE 0,00 21-290626 | 300.000 | EUR | 300.060,00 | 273.354,00 | 0,43% |
| PERNOD RICARD 2,125 14-270924 | 200.000 | EUR | 213.676,00 | 201.278,00 | 0,32% |
| PORTUGAL 2,125 18-171028 | 210.000 | EUR | 227.756,14 | 214.374,30 | 0,34% |
| PORTUGAL 2,25 18-180434 | 270.000 | EUR | 307.304,17 | 265.157,55 | 0,42% |
| PORTUGAL 2,875 16-210726 | 320.000 | EUR | 352.944,00 | 338.248,00 | 0,54% |
| PORTUGAL 4,125 17-140427 | 380.000 | EUR | 461.963,85 | 424.758,30 | 0,68% |
| PORTUGAL 4,95 08-251023 | 250.000 | EUR | 263.017,50 | 263.503,75 | 0,42% |
| PROXIMUS S.A. 0,75 21-171136 | 500.000 | EUR | 492.050,00 | 358.130,00 | 0,57% |
| SAP SE 1,375 18-130330 | 300.000 | EUR | 329.250,00 | 275.596,50 | 0,44% |
| SEGRO CAPITAL 1,25 22-230326 | 300.000 | EUR | 297.570,00 | 279.802,50 | 0,45% |
| SMURFIT KAPPA TREASURY 1,50 19-150927 | 300.000 | EUR | 317.022,00 | 268.707,00 | 0,43% |
| SODEXHO 0,75 20-270425 | 300.000 | EUR | 298.887,00 | 287.082,00 | 0,46% |
| SOLVAY FINANCE 2,75 15-021227 | 200.000 | EUR | 225.112,00 | 190.980,00 | 0,30% |
| SPAIN KINGDOM 0,60 19-311029 | 725.000 | EUR | 737.319,50 | 656.041,62 | 1,04% |
| SPAIN KINGDOM 1,30 16-311026 | 700.000 | EUR | 689.140,00 | 692.835,50 | 1,10% |
| SPAIN KINGDOM 1,50 17-300427 | 685.000 | EUR | 705.186,12 | 680.016,63 | 1,08% |
| SPAIN KINGDOM 1,95 16-300426 | 250.000 | EUR | 266.021,25 | 254.118,75 | 0,40% |
| SPAIN KINGDOM -INFLATION LINKED- 0,70 17-301133 | 150.000 | EUR | 187.564,67 | 173.030,80 | 0,28% |
| SPAIN KINGDOM -INFLATION LINKED- 1,80 13-301124 | 200.000 | EUR | 236.907,01 | 252.868,42 | 0,40% |
| STATKRAFT A/S 1,125 17-200325 | 300.000 | EUR | 311.544,00 | 293.050,50 | 0,47% |
| STEDIN HLDG 0,50 19-141129 | 300.000 | EUR | 298.017,00 | 248.547,00 | 0,40% |
| SWISSCOM FINANCE B.V. 0,375 20-141128 | 100.000 | EUR | 99.127,00 | 88.808,50 | 0,14% |
| TAKEDA PHARMACEUTICAL 2,25 18-211126 | 310.000 | EUR | 344.180,50 | 305.421,30 | 0,49% |
| TELEFONICA EMISIONE 2,318 17-171028 | 300.000 | EUR | 340.938,00 | 293.908,50 | 0,47% |
| THERMO FISHER SCIENTIFIC 0,75 16-120924 | 450.000 | EUR | 436.020,75 | 440.471,25 | 0,70% |
| UBS GROUP A.G. 0,875 21-031131 | 250.000 | EUR | 251.775,00 | 195.413,75 | 0,31% |
| UBS GROUP A.G. FRN 21-031126 | 200.000 | EUR | 199.992,20 | 182.197,00 | 0,29% |
| UNICREDIT SpA 1,00 18-180123 | 300.000 | EUR | 275.152,50 | 299.931,00 | 0,48% |
| VEOLIA ENVIRONNEMENT 0,927 16-040129 | 500.000 | EUR | 468.197,50 | 446.850,00 | 0,71% |
| VONOVIA SE 1,375 22-280126 | 300.000 | EUR | 297.920,70 | 278.680,50 | 0,44% |
| Total EURO |  |  | 38.440.403,65 | 35.271.961,41 | 56,11% |
| NEW ZEALAND 4,50 14-150427 | 700.000 | NZD | 506.953,19 | 434.350,11 | 0,69% |
| Total DOLLAR NEO-ZÉLANDAIS |  |  | 506.953,19 | 434.350,11 | 0,69% |
| US TREAS 2,875 22-32 | 200.000 | USD | 185.069,95 | 189.018,48 | 0,30% |
| US TREASURY 0,50 20-310325 | 700.000 | USD | 609.492,29 | 625.183,09 | 0,99% |
| Total DOLLAR DES ETATS-UNIS |  |  | 794.562,24 | 814.201,57 | 1,30% |
| Total Obligations |  |  | 41.190.776,21 | 37.924.223,11 | 60,33% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 62.104.282,26 | 60.291.390,74 | 95,90% |
| Total du Portefeuille-Titres |  |  | 62.104.282,26 | 60.291.390,74 | 95,90% |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devis e | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Obligations |  |  |  |  |  |
| INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMENT 5,00 21-220126 | 49.620.000 | BRL | 7.263.874,12 | 7.488.856,63 | 1,90% |
| Total REAL BRÉSILIEN |  |  | 7.263.874,12 | 7.488.856,63 | 1,90% |
| BEI 2,70 21-220424 | 23.000.000 | CNY | 2.978.640,38 | 3.264.573,38 | 0,83% |
| Total YUAN RENMINBI CHINOIS |  |  | 2.978.640,38 | 3.264.573,38 | 0,83% |
| COLOMBIA 7,00 21-260331 | 22.500.000.000 | COP | 4.889.111,67 | 3.915.058,37 | 0,99% |
| Total PESO COLOMBIEN |  |  | 4.889.111,67 | 3.915.058,37 | 0,99% |
| A2A SpA 0,625 21-150731 | 2.500.000 | EUR | 2.488.675,00 | 1.862.887,50 | 0,47% |
| ABANCA CORP. FRN 21-080927 | 3.000.000 | EUR | 2.996.910,00 | 2.566.215,00 | 0,65% |
| ACCIONA ENERGIA FINANCE 1,375 22-260132 | 1.000.000 | EUR | 998.890,00 | 819.415,00 | 0,21% |
| ACCIONA ENG FINANCE 0,375 21-071027 | 700.000 | EUR | 698.306,00 | 615.251,00 | 0,16% |
| ACCOR 2,375 21-291128 | 2.200.000 | EUR | 2.197.972,00 | 1.752.267,00 | 0,44% |
| ACEA SpA 0,25 21-280730 | 1.300.000 | EUR | 1.280.846,00 | 990.054,00 | 0,25% |
| ACEF HLDG 1,25 21-260430 | 1.200.000 | EUR | 1.191.504,00 | 906.618,00 | 0,23% |
| ACTIVIDADES DE CONSTRUCCION Y SERVICIOS 1,875 18-200426 | 1.300.000 | EUR | 1.366.394,00 | 1.227.564,00 | 0,31% |
| AEDIFICAT 0,75 21-090931 | 3.000.000 | EUR | 2.996.250,00 | 2.132.940,00 | 0,54% |
| ALSTOM 0,50 21-270730 | 1.200.000 | EUR | 1.190.976,00 | 947.754,00 | 0,24% |
| ALSTOM S.A. 0,00 21-110129 | 900.000 | EUR | 890.343,00 | 719.968,50 | 0,18% |
| AP MOELLER-MAERSK 0,75 21-251131 | 1.000.000 | EUR | 988.080,00 | 801.680,00 | 0,20% |
| ARGENTA BANQUE FRN 22-080229 | 4.500.000 | EUR | 4.494.600,00 | 3.844.980,00 | 0,98% |
| ARION BANK 0,375 21-140725 | 4.000.000 | EUR | 3.990.960,00 | 3.620.120,00 | 0,92% |
| ASSICURAZIONI GENERALI 2,124 19-011030 | 3.000.000 | EUR | 3.146.766,00 | 2.384.250,00 | 0,60% |
| ASSICURAZIONI GENERALI 2,429 20-140731 | 2.000.000 | EUR | 2.083.690,00 | 1.576.540,00 | 0,40% |
| ASTM SpA 1,50 21-250130 | 3.600.000 | EUR | 3.552.192,00 | 2.786.832,00 | 0,71% |
| ASTM SpA 2,375 21-251133 | 2.500.000 | EUR | 2.492.525,00 | 1.845.062,50 | 0,47% |
| ATOS SE 1,00 21-121129 | 3.000.000 | EUR | 2.975.100,00 | 1.777.290,00 | 0,45% |
| ATRIUM EUR REAL ESTATE FRN 21-PERPETUAL | 4.500.000 | EUR | 4.356.580,00 | 2.630.407,50 | 0,67% |
| AXA LOGISTICS EUR 0,375 21-151126 | 1.800.000 | EUR | 1.790.064,00 | 1.570.590,00 | 0,40% |
| AXA LOGISTICS EUR 0,875 21-151129 | 1.200.000 | EUR | 1.190.988,00 | 910.812,00 | 0,23% |
| AXA S.A. FRN 21-071041 | 1.500.000 | EUR | 1.482.660,00 | 1.155.195,00 | 0,29% |
| BANCO DE SABADELL FRN 20-110327 | 4.000.000 | EUR | 4.096.776,00 | 3.669.980,00 | 0,93% |
| BANKINTER S.A. 0,625 20-061027 | 1.100.000 | EUR | 1.079.993,00 | 940.225,00 | 0,24% |
| BELGIUM KINGDOM OLO 1,25 18-220433 | 2.100.000 | EUR | 2.400.654,68 | 1.956.874,50 | 0,50% |
| BNP PARIBAS S.A. FRN 19-040626 | 1.000.000 | EUR | 998.060,00 | 932.770,00 | 0,24% |
| BNP PARIBAS S.A. FRN 20-141027 | 2.000.000 | EUR | 1.995.620,00 | 1.773.540,00 | 0,45% |
| BPCE FRN 22-140128 | 4.000.000 | EUR | 3.974.480,00 | 3.516.320,00 | 0,89% |
| BTPS 1,50 20-300445 | 8.500.000 | EUR | 7.673.991,00 | 5.891.860,00 | 1,49% |
| CA-IMMOBILIEN ANLAGEN 1,0 20-271025 | 1.000.000 | EUR | 997.322,00 | 877.275,00 | 0,22% |
| CAIXABANK S.A.. FRN 21-180631 | 3.500.000 | EUR | 3.516.899,00 | 3.046.330,00 | 0,77% |
| CBRE CI OPEN-END 0,50 21-270128 | 1.000.000 | EUR | 998.880,00 | 828.605,00 | 0,21% |
| CESKA SPORITELNA FRN 21-130928 | 3.300.000 | EUR | 3.295.908,00 | 2.747.893,50 | 0,70% |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devis e | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| CHANEL CERES 1,00 20-310731 | 600.000 | EUR | 596.400,00 | 497.457,00 | 0,13% |
| CHANEL CERES PLC 0,50 20-310726 | 500.000 | EUR | 498.630,00 | 459.202,50 | 0,12% |
| CHILE 0,83 19-020731 | 2.000.000 | EUR | 2.062.087,00 | 1.566.030,00 | 0,40% |
| CIE SAINT GOBAIN 1,875 19-150331 | 1.000.000 | EUR | 1.090.170,00 | 887.045,00 | 0,23% |
| CITYCON OYJ FRN 19-PERPETUAL | 4.300.000 | EUR | 4.314.710,00 | 2.974.374,50 | 0,75% |
| CITYCON OYJ FRN 21-PERPETUAL | 3.000.000 | EUR | 2.962.890,00 | 1.743.855,00 | 0,44% |
| CITYCON TREASURY 1,625 21-120328 | 2.000.000 | EUR | 2.030.634,00 | 1.478.240,00 | 0,38% |
| CK HITCHINSON 1,00 21-021133 | 6.000.000 | EUR | 5.938.260,00 | 4.461.180,00 | 1,13% |
| COFINIMMO -SICAFI- S.A. 0,875 20-021230 | 1.500.000 | EUR | 1.516.690,00 | 1.112.925,00 | 0,28% |
| COMMERZBK FRN 22-27 | 3.000.000 | EUR | 2.984.130,00 | 2.935.635,00 | 0,74% |
| COVIVIO 1,125 19-170931 | 1.000.000 | EUR | 997.112,00 | 777.980,00 | 0,20% |
| CPI PROPERTY 1,625 19-230427 | 1.000.000 | EUR | 975.747,50 | 801.365,00 | 0,20% |
| CPI PROPERTY 1,75 22-140130 | 4.000.000 | EUR | 3.921.840,00 | 2.838.520,00 | 0,72% |
| CTP B.V. 0,75 21-180227 | 1.000.000 | EUR | 994.114,62 | 781.575,00 | 0,20% |
| CTP N.V. 1,50 21-270931 | 1.000.000 | EUR | 993.930,00 | 607.720,00 | 0,15% |
| DANFOSS FINANCE 0,375 21-281028 | 1.000.000 | EUR | 991.550,00 | 856.250,00 | 0,22% |
| DANONE FRN 17-PERPETUAL | 600.000 | EUR | 608.078,77 | 581.952,00 | 0,15% |
| DANONE FRN 21-PERPETUAL | 1.100.000 | EUR | 1.100.000,00 | 907.472,50 | 0,23% |
| DERICHEBOURG 2,25 21-150728 | 2.000.000 | EUR | 2.050.413,50 | 1.636.410,00 | 0,42% |
| DE VOLKSBANK N.V. 0,375 21-030328 | 1.200.000 | EUR | 1.191.924,00 | 992.766,00 | 0,25% |
| DIC ASSET A.G. 2,25 21-220926 | 3.000.000 | EUR | 2.983.500,00 | 2.020.560,00 | 0,51% |
| DIGITAL DUTCH FINCO 1,00 20-150132 | 1.000.000 | EUR | 996.536,00 | 716.130,00 | 0,18% |
| DIGITAL INTREPID 0,625 21-150731 | 1.300.000 | EUR | 1.293.695,00 | 922.571,00 | 0,23% |
| DONG ENERGY FRN 13-PERPETUAL | 99.000 | EUR | 118.235,70 | 100.899,81 | 0,03% |
| DRAX FINCO PLC 2,625 20-011125 | 2.000.000 | EUR | 2.051.882,50 | 1.832.660,00 | 0,46% |
| DS SMITH PLC 0,875 19-120926 | 1.000.000 | EUR | 993.788,00 | 898.855,00 | 0,23% |
| EDP-ENERGIAS DE PORT FRN 21-020881 | 3.000.000 | EUR | 3.004.179,00 | 2.431.590,00 | 0,62% |
| ENBW ENERGIE BADEN FRN 21-310881 | 3.000.000 | EUR | 3.000.000,00 | 2.217.405,00 | 0,56% |
| ENBW FRN 19-050879 | 1.000.000 | EUR | 996.250,00 | 785.325,00 | 0,20% |
| ENEL FINANCE INTERNATIONAL 0,875 21-280934 | 1.500.000 | EUR | 1.492.680,00 | 1.047.720,00 | 0,27% |
| ENGIE S.A. FRN 20-PERPETUAL | 1.000.000 | EUR | 996.270,00 | 767.330,00 | 0,19% |
| EQT AB 2,375 22-060428 | 2.500.000 | EUR | 2.488.275,00 | 2.290.800,00 | 0,58% |
| ERG SpA 0,875 21-150931 | 2.400.000 | EUR | 2.394.048,00 | 1.863.588,00 | 0,47% |
| EUROFIMA 0,10 20-200530 | 1.100.000 | EUR | 1.114.142,00 | 947.402,50 | 0,24% |
| EUROPEAN INVESTMENT BANK 0,01 20-151135 | 700.000 | EUR | 701.925,00 | 513.761,50 | 0,13% |
| EUROPEAN UNION 0,40 21-040237 | 3.000.000 | EUR | 3.010.838,00 | 2.308.590,00 | 0,59% |
| EVONIK 2,25 22-27 | 1.500.000 | EUR | 1.490.790,00 | 1.430.880,00 | 0,36% |
| EVONIK INDUSTRIES 1,375 21-020981 | 3.000.000 | EUR | 2.981.250,00 | 2.372.745,00 | 0,60% |
| FAURECIA SE 2,375 21-150629 | 7.000.000 | EUR | 7.080.400,00 | 4.941.755,00 | 1,25% |
| FAURECIA SE 2,75 21-150227 | 2.500.000 | EUR | 2.500.000,00 | 1.955.512,50 | 0,50% |
| FLUVIUS SYSTEM 0,25 20-021230 | 800.000 | EUR | 799.368,00 | 615.076,00 | 0,16% |
| GERMANY 0,00 20-150830 | 1.000.000 | EUR | 1.047.170,00 | 908.715,00 | 0,23% |
| GLOBALWORTH REAL ESTATE 2,95 20-290726 | 1.500.000 | EUR | 1.465.410,00 | 1.208.032,50 | 0,31% |
| GTC AURORA LUX 2,25 21-230626 | 7.500.000 | EUR | 7.511.670,00 | 5.739.150,00 | 1,46% |
| H&M FINANCE B.V. 0,25 21-250829 | 1.000.000 | EUR | 987.740,00 | 791.960,00 | 0,20% |
| HERA SpA 1,00 21-250434 | 2.200.000 | EUR | 2.180.310,00 | 1.543.058,00 | 0,39% |
| HUNGARY 1,75 20-050635 | 3.400.000 | EUR | 3.568.099,00 | 2.412.130,00 | 0,61% |
| IBERDROLA FRN 21-PERPETUAL | 500.000 | EUR | 500.000,00 | 366.230,00 | 0,09% |
| IBERDROLA FRN 21-PERPETUAL | 1.000.000 | EUR | 1.000.000,00 | 831.320,00 | 0,21% |
| IBERDROLA INTER FRN 20-PERPETUAL | 1.000.000 | EUR | 1.000.000,00 | 877.610,00 | 0,22% |
| IBERDROLA INTERNATIONAL B.V. FRN 17-PERPETUAL | 1.000.000 | EUR | 1.023.238,00 | 981.920,00 | 0,25% |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devis e | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| IBERDROLA INTERNATIONAL B.V. FRN 20-PERPETUAL | 800.000 | EUR | 800.000,00 | 623.652,00 | 0,16% |
| IMERYS 1,00 21-150731 | 800.000 | EUR | 794.944,00 | 581.664,00 | 0,15% |
| ING FRN 22-26 | 1.600.000 | EUR | 1.598.848,00 | 1.560.360,00 | 0,40% |
| ING GROEP N.V. FRN 21-090632 | 2.500.000 | EUR | 2.494.840,00 | 2.107.600,00 | 0,53% |
| INTESA SAN PAOLO SpA 0,75 21-160328 | 2.000.000 | EUR | 2.006.595,56 | 1.701.440,00 | 0,43% |
| IRELAND 1,35 18-180331 | 1.500.000 | EUR | 1.712.006,00 | 1.451.167,50 | 0,37% |
| IREN SpA 0,25 20-170131 | 1.000.000 | EUR | 990.300,00 | 732.085,00 | 0,19% |
| IREN SpA 0,875 19-141029 | 1.100.000 | EUR | 1.110.600,00 | 901.263,00 | 0,23% |
| JAB HLDG 4,75 22-32 | 4.000.000 | EUR | 3.999.680,00 | 4.005.060,00 | 1,02% |
| KBC GROUP FRN 20-160627 | 1.100.000 | EUR | 1.100.323,00 | 996.319,50 | 0,25% |
| KFW 0,00 20-150928 | 4.600.000 | EUR | 4.354.124,00 | 4.164.886,00 | 1,06% |
| KFW 0,50 18-280926 | 725.000 | EUR | 768.171,04 | 699.490,88 | 0,18% |
| KOJAMO OYJ 2,00 22-310326 | 1.500.000 | EUR | 1.491.120,00 | 1.341.900,00 | 0,34% |
| KOJAMO PLC 0,875 21-280529 | 2.000.000 | EUR | 1.980.880,00 | 1.338.710,00 | 0,34% |
| KONINKIJKE AHOLD DL 0,375 21-180330 | 1.000.000 | EUR | 996.300,00 | 806.100,00 | 0,20% |
| KONINKLIJKE DSM 0,625 20-230632 | 1.100.000 | EUR | 1.099.519,00 | 863.153,50 | 0,22% |
| KUTXABANK S.A. FRN 21-141027 | 4.000.000 | EUR | 3.986.532,00 | 3.533.960,00 | 0,90% |
| LAR ESPANA 1,75 21-220726 | 4.000.000 | EUR | 4.061.699,00 | 3.516.320,00 | 0,89% |
| LAR ESPANA REAL ESTATE 1,843 21-031128 | 1.000.000 | EUR | 1.000.000,00 | 803.840,00 | 0,20% |
| MEDIOBANCA 1,00 20-080927 | 1.500.000 | EUR | 1.521.844,00 | 1.319.092,50 | 0,33% |
| MERCEDES-BENZ 0,75 20-100930 | 1.300.000 | EUR | 1.314.500,00 | 1.089.478,00 | 0,28% |
| MERCEDES-BENZ 0,75 21-110333 | 1.600.000 | EUR | 1.588.160,00 | 1.221.432,00 | 0,31% |
| MOROCCO 1,50 19-271131 | 4.000.000 | EUR | 3.770.000,00 | 2.669.940,00 | 0,68% |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT A.G. 1,00 21-260542 | 3.500.000 | EUR | 3.477.425,00 | 2.529.187,50 | 0,64% |
| MUNICH RE 1,25 20-260541 | 1.300.000 | EUR | 1.287.035,00 | 999.953,50 | 0,25% |
| NE PROPERTY B.V. 2,00 22-200130 | 2.400.000 | EUR | 2.369.112,00 | 1.713.624,00 | 0,43% |
| NE PROPERTY B.V. 3,375 20-140727 | 5.000.000 | EUR | 5.478.185,00 | 4.321.850,00 | 1,10% |
| NESTLE OYJ 0,75 21-250328 | 4.100.000 | EUR | 4.069.767,00 | 3.632.477,00 | 0,92% |
| NETHERLANDS GOVT 0,50 19-150140 | 800.000 | EUR | 878.339,00 | 629.060,00 | 0,16% |
| NIBC BANK 0,25 21-090926 | 4.500.000 | EUR | 4.496.670,00 | 3.875.445,00 | 0,98% |
| NN BANK N.V. NETHERLAN 0,50 21-210928 | 3.000.000 | EUR | 2.994.030,00 | 2.517.330,00 | 0,64% |
| NOBIAN FINANCE 3,625 21-150726 | 4.000.000 | EUR | 3.998.130,00 | 3.102.180,00 | 0,79% |
| NRW.BANK 0,00 21-030231 | 1.000.000 | EUR | 1.023.190,00 | 841.305,00 | 0,21% |
| OI EUROPEAN GROUP 2,875 19-150225 | 2.000.000 | EUR | 2.023.293,00 | 1.819.440,00 | 0,46% |
| ORSTED A/SA.S. FRN 19-PERPETUAL | 500.000 | EUR | 495.395,00 | 423.645,00 | 0,11% |
| ORSTED A/SA.S. FRN 21-18023021 | 2.350.000 | EUR | 2.351.875,00 | 1.728.260,50 | 0,44% |
| P3 GROUP 0,875 22-260126 | 2.300.000 | EUR | 2.284.498,00 | 1.983.566,00 | 0,50% |
| P3 GROUP 1,625 22-260129 | 2.300.000 | EUR | 2.281.508,00 | 1.708.566,50 | 0,43% |
| PAPREC HLDG 3,50 21-010728 | 6.000.000 | EUR | 6.050.930,00 | 4.709.580,00 | 1,19% |
| PAPREC HLDG S.A. 4,00 18-310325 | 2.700.000 | EUR | 2.708.687,50 | 2.363.715,00 | 0,60% |
| PROLOGIS 3,125 22-31 | 1.000.000 | EUR | 997.680,00 | 941.825,00 | 0,24% |
| PROLOGIS INTERNATIONAL 0,75 21-230333 | 1.200.000 | EUR | 1.195.212,00 | 844.008,00 | 0,21% |
| PROXIMUS S.A. 0,75 21-171136 | 1.500.000 | EUR | 1.467.945,00 | 1.074.390,00 | 0,27% |
| RAIFFEISENBANK FRN 21-090628 | 1.200.000 | EUR | 1.206.332,00 | 996.000,00 | 0,25% |
| RAIFFEISEN BANK INTERNATIONAL FRN 21-170633 | 1.500.000 | EUR | 1.492.065,00 | 1.061.940,00 | 0,27% |
| REXEL S.A. 2,125 21-150628 | 1.750.000 | EUR | 1.756.562,50 | 1.385.212,50 | 0,35% |
| REXEL S.A. 2,125 21-151228 | 3.000.000 | EUR | 3.000.000,00 | 2.333.445,00 | 0,59% |
| SATO OYJ 1,375 20-240228 | 1.200.000 | EUR | 1.200.624,00 | 958.188,00 | 0,24% |
| SCHNEIDER ELECTRICCV 0,00 20-150626 | 10.370 | EUR | 1.996.845,70 | 1.790.722,71 | 0,45% |
| SECHE ENVIRONNEMENT 2,25 21-151128 | 1.000.000 | EUR | 945.800,00 | 794.455,00 | 0,20% |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devis e | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| SEGRO CAPITAL 1,25 22-230326 | 500.000 | EUR | 498.045,00 | 466.337,50 | 0,12% |
| SEGRO CAPITAL 1,875 22-230330 | 500.000 | EUR | 494.150,00 | 439.692,50 | 0,11% |
| SERBIA 1,00 21-230928 | 4.500.000 | EUR | 4.421.475,00 | 3.295.395,00 | 0,84% |
| SIEMENS FINANCE 0,50 19-050934 | 700.000 | EUR | 696.681,00 | 522.630,50 | 0,13% |
| SIGNIFY N.V. 2,375 20-110527 | 1.000.000 | EUR | 1.043.500,00 | 951.380,00 | 0,24% |
| SMURFIT KAPPA TREA 1,00 21-220933 | 4.500.000 | EUR | 4.474.425,00 | 3.230.527,50 | 0,82% |
| SNAM SPA0,75 20-170630 | 2.000.000 | EUR | 4.102.130,00 | 1.605.330,00 | 0,41% |
| SOLVAY FINANCE FRN 13-PERPETUAL | 900.000 | EUR | 1.027.128,00 | 889.087,50 | 0,23% |
| SOLVAY FINANCE FRN 15-PERPETUAL | 500.000 | EUR | 573.650,00 | 492.170,00 | 0,12% |
| SOLVAY FRN 20-PERPETUAL | 4.000.000 | EUR | 4.095.188,00 | 3.446.960,00 | 0,87% |
| SPAIN KINGDOM 1,00 21-300742 | 6.500.000 | EUR | 6.008.770,00 | 4.679.447,50 | 1,19% |
| SPAREBANK 1 SMN 0,01 21-180228 | 1.300.000 | EUR | 1.292.018,00 | 1.107.567,50 | 0,28% |
| SSE PLC 1,75 20-160430 | 1.000.000 | EUR | 1.084.610,00 | 886.810,00 | 0,23% |
| SSE PLC FRN 20-PERPETUAL | 600.000 | EUR | 624.250,20 | 524.793,00 | 0,13% |
| STEDIN HLDG 0,50 19-141129 | 900.000 | EUR | 901.534,00 | 745.641,00 | 0,19% |
| STEDIN HLDG FRN 21-PERPETUAL | 1.000.000 | EUR | 1.000.000,00 | 845.950,00 | 0,21% |
| STOREBRAND LIVSFOR FRN 21-300951 | 2.500.000 | EUR | 2.471.000,00 | 1.898.387,50 | 0,48% |
| SVENSKA HANDELSBANKEN 0,01 20-021227 | 1.000.000 | EUR | 999.580,00 | 856.715,00 | 0,22% |
| SWISSCOM FINANCE B.V. 0,375 20-141128 | 1.100.000 | EUR | 1.116.187,00 | 976.893,50 | 0,25% |
| SYMRISE 1,375 20-010727 | 1.100.000 | EUR | 1.126.571,00 | 1.018.908,00 | 0,26% |
| TALANX A.G. FRN 21-011242 | 1.400.000 | EUR | 1.387.834,00 | 1.092.987,00 | 0,28% |
| TATRA BANKA FRN 21-230428 | 3.500.000 | EUR | 3.485.580,00 | 2.884.140,00 | 0,73% |
| TELECOM ITALIA SpA 1,625 21-180129 | 3.800.000 | EUR | 3.626.293,00 | 2.773.411,00 | 0,70% |
| TELEFONICA EUROPE FRN 20-PERPETUAL | 2.000.000 | EUR | 2.015.175,00 | 1.641.560,00 | 0,42% |
| TELEFONICA EUROPE FRN 21-PERPETUAL | 3.300.000 | EUR | 3.300.000,00 | 2.350.656,00 | 0,60% |
| TELIA CO FRN 20-110581 | 800.000 | EUR | 792.800,00 | 709.956,00 | 0,18% |
| TEMA SpA FRN 22-PERPETUAL | 1.200.000 | EUR | 1.195.032,00 | 898.794,00 | 0,23% |
| TRANSMISSION FINANCE 0,375 21-180628 | 1.500.000 | EUR | 1.487.235,00 | 1.248.067,50 | 0,32% |
| TRIODOS BANK N.V. FRN 21-050232 | 3.000.000 | EUR | 2.984.910,00 | 2.642.670,00 | 0,67% |
| TRITAX EUROBOX 0,95 21-020626 | 1.000.000 | EUR | 991.300,00 | 895.325,00 | 0,23% |
| UMICORE S.A. 0,00 20-230625 | 6.100.000 | EUR | 6.468.170,00 | 5.391.027,50 | 1,37% |
| UNICREDIT SpA FRN 21-050729 | 2.250.000 | EUR | 2.248.942,50 | 1.853.235,00 | 0,47% |
| UNNICAJA 4,50 22-25 | 1.300.000 | EUR | 1.299.415,00 | 1.309.938,50 | 0,33% |
| UPM-KYMMENE 0,125 20-191128 | 1.000.000 | EUR | 992.672,00 | 821.455,00 | 0,21% |
| VALEO S.A.SE 1,00 21-030828 | 4.800.000 | EUR | 4.754.297,00 | 3.757.464,00 | 0,95% |
| VATTENFALL FRN 15-190377 | 1.300.000 | EUR | 1.379.400,00 | 1.140.126,00 | 0,29% |
| VEOLIA ENVIRONNEMENT FRN 20-PERPETUAL | 1.700.000 | EUR | 1.736.890,00 | 1.472.174,50 | 0,37% |
| VEOLIA ENVIRONNEMENT FRN 20-PERPETUAL | 1.500.000 | EUR | 1.500.000,00 | 1.138.290,00 | 0,29% |
| VEOLIA ENVIRONNEMENT FRN 21-PERPETUAL | 1.500.000 | EUR | 1.500.000,00 | 1.165.905,00 | 0,30% |
| VERALLIA FRANCE S.A. 1,875 21-101131 | 3.500.000 | EUR | 3.460.695,00 | 2.622.637,50 | 0,67% |
| VESTEDA FINANCE 0,75 21-181031 | 2.500.000 | EUR | 2.465.225,00 | 1.923.737,50 | 0,49% |
| VF CORP. 0,25 20-250228 | 1.400.000 | EUR | 1.378.785,00 | 1.195.593,00 | 0,30% |
| VGP N.V. 1,50 21-080429 | 5.700.000 | EUR | 5.669.464,50 | 3.814.411,50 | 0,97% |
| VGP S.A. 1,625 22-170127 | 4.500.000 | EUR | 4.486.950,00 | 3.559.590,00 | 0,90% |
| VGP S.A. 2,25 22-170130 | 1.800.000 | EUR | 1.790.640,00 | 1.247.382,00 | 0,32% |
| VIA OUTLETS B.V. 1,75 21-151128 | 2.000.000 | EUR | 1.987.620,00 | 1.674.470,00 | 0,42% |
| VOLVO CAR AB 2,50 20-071027 | 1.000.000 | EUR | 1.049.385,00 | 870.890,00 | 0,22% |
| VONOVIA SE 0,625 21-240331 | 1.500.000 | EUR | 1.496.385,00 | 1.088.955,00 | 0,28% |
| VONOVIA SE 2,375 22-250332 | 500.000 | EUR | 495.015,00 | 412.642,50 | 0,10% |
| VZ SECURED FINANCE 3,50 22-150132 | 3.600.000 | EUR | 3.593.700,00 | 2.724.732,00 | 0,69% |
| ZF FINANCE GMBH 2,00 21-060527 | 4.500.000 | EUR | 4.548.299,60 | 3.481.402,50 | 0,88% |

|  |
| --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devis e | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| ZF FINANCE GMBH 2,25 21-030528 | 1.000.000 | EUR | 992.620,00 | 737.590,00 | 0,19% |
| Total EURO |  |  | 405.140.598,37 | 321.695.726,40 | 81,62% |
| ANGLIAN WATER OS 2,00 21-310728 | 600.000 | GBP | 697.453,53 | 610.650,55 | 0,15% |
| BARCLAYS FRN 20-031126 | 1.000.000 | GBP | 1.105.752,46 | 1.059.177,51 | 0,27% |
| JUSTE GROUP PLC FRN 20-150431 | 3.000.000 | GBP | 4.054.307,56 | 3.482.882,20 | 0,88% |
| ORSTED A/SA.S. FRN 21-18023021 | 500.000 | GBP | 570.678,54 | 396.009,52 | 0,10% |
| SCOTTISH HYDRO ELECT 1,50 21-240328 | 1.500.000 | GBP | 1.747.772,00 | 1.556.171,58 | 0,39% |
| Total LIVRE STERLING |  |  | 8.175.964,09 | 7.104.891,36 | 1,80% |
| WORLD BANK 4,25 21-220126 | 193.430.000 | MXN | 7.644.138,97 | 7.761.043,17 | 1,97% |
| Total NOUVEAU PESO MEXICAIN |  |  | 7.644.138,97 | 7.761.043,17 | 1,97% |
| KFW 1,25 19-280823 | 45.000.000 | NOK | 4.367.694,93 | 4.285.930,05 | 1,09% |
| SALMAR ASA FRN 21-220127 | 12.500.000 | NOK | 1.232.134,05 | 1.200.217,84 | 0,30% |
| Total COURONNE NORVÉGIENNE |  |  | 5.599.828,98 | 5.486.147,89 | 1,39% |
| KFW 0,625 21-250725 | 21.500.000 | PLN | 4.684.429,78 | 3.751.149,96 | 0,95% |
| KFW 3,90 22-180124 | 10.000.000 | PLN | 2.203.443,98 | 2.012.637,89 | 0,51% |
| Total ZLOTY POLONAIS |  |  | 6.887.873,76 | 5.763.787,85 | 1,46% |
| INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMENT 4,25 21-220126 | 470.000.000 | RUB | 4.988.359,40 | 4.684.607,99 | 1,19% |
| Total ROUBLE RUSSE |  |  | 4.988.359,40 | 4.684.607,99 | 1,19% |
| KOMMUNINVEST 0,875 21-160529 | 19.000.000 | SEK | 1.896.333,74 | 1.514.817,77 | 0,38% |
| SWEDEN 0,125 20-090930 | 16.000.000 | SEK | 1.569.747,26 | 1.316.684,63 | 0,33% |
| VATTENFALL FRN 21-260583 | 9.000.000 | SEK | 883.652,43 | 773.028,94 | 0,20% |
| Total COURONNE SUÉDOISE |  |  | 4.349.733,43 | 3.604.531,34 | 0,91% |
| BNP PARIBAS S.A. FRN 21-300627 | 200.000 | USD | 167.392,04 | 169.003,78 | 0,04% |
| EDP FINANCE B.V. 1,71 20-240128 | 2.000.000 | USD | 1.665.013,01 | 1.631.680,14 | 0,41% |
| KLABIN AUSTRIA GMBH 3,20 21-120131 | 4.000.000 | USD | 3.172.925,75 | 2.933.148,40 | 0,74% |
| MOROCCO 5,50 12-111242 | 800.000 | USD | 814.889,31 | 560.137,74 | 0,14% |
| XYLEM INC. 1,95 20-300128 | 2.000.000 | USD | 1.764.056,38 | 1.690.889,09 | 0,43% |
| Total DOLLAR DES ETATS-UNIS |  |  | 7.584.276,49 | 6.984.859,15 | 1,77% |
| Total Obligations |  |  | 465.502.399,66 | 377.754.083,53 | 95,84% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 465.502.399,66 | 377.754.083,53 | 95,84% |
| Total du Portefeuille-Titres |  |  | 465.502.399,66 | 377.754.083,53 | 95,84% |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Obligations |  |  |  |  |  |
| AUSTRALIA 0,25 21-32 | 700.000 | AUD | 412.629,64 | 425.331,67 | 0,49% |
| AUSTRALIA 1,00 20-211131 | 750.000 | AUD | 429.291,34 | 393.536,03 | 0,45% |
| AUSTRALIA 2,75 15-211127 | 1.700.000 | AUD | 1.182.038,02 | 1.090.354,85 | 1,25% |
| AUSTRALIA 3,00 16-210347 | 600.000 | AUD | 458.168,19 | 344.545,66 | 0,39% |
| AUSTRALIA GOVT 2,75 18-210541 | 750.000 | AUD | 547.910,81 | 425.097,84 | 0,49% |
| AUSTRALIAN GOVT 2,25 17-211122 | 3.000.000 | AUD | 2.068.675,03 | 1.976.150,23 | 2,26% |
| Total DOLLAR AUSTRALIEN |  |  | 5.098.713,03 | 4.655.016,28 | 5,33% |
| CANADA 1,00 16-010627 | 5.300.000 | CAD | 3.571.297,08 | 3.560.693,71 | 4,08% |
| CANADA 2,25 22-011229 | 1.100.000 | CAD | 786.578,43 | 768.433,87 | 0,88% |
| CANADA 3,50 11-011245 | 800.000 | CAD | 775.159,53 | 622.594,64 | 0,71% |
| CANADA -INFLATION LINKED- 4,00 99-011231 | 200.000 | CAD | 298.492,19 | 306.385,95 | 0,35% |
| CANADIAN 2,00 22-32 | 650.000 | CAD | 433.167,53 | 432.425,57 | 0,49% |
| CANADIAN GOVT 1,25 19-010630 | 750.000 | CAD | 500.852,26 | 480.872,05 | 0,55% |
| Total DOLLAR CANADIEN |  |  | 6.365.547,02 | 6.171.405,79 | 7,06% |
| SWISS CONFEDERATION 0,50 15-270530 | 2.350.000 | CHF | 2.453.584,38 | 2.290.633,68 | 2,62% |
| SWITZERLAND 0,50 18-270632 | 2.200.000 | CHF | 2.094.933,54 | 2.090.670,39 | 2,39% |
| SWITZERLAND 1,50 13-240725 | 1.500.000 | CHF | 1.547.105,63 | 1.556.776,40 | 1,78% |
| SWITZERLAND 3,25 07-270627 | 650.000 | CHF | 739.294,84 | 736.521,63 | 0,84% |
| Total FRANC SUISSE |  |  | 6.834.918,39 | 6.674.602,10 | 7,64% |
| DENMARK KINGDOM 0,50 18-151129 | 29.000.000 | DKK | 4.114.652,21 | 3.612.594,38 | 4,14% |
| DENMARK KINGDOM 1,50 11-151123 | 1.400.000 | DKK | 192.061,06 | 190.747,45 | 0,22% |
| DENMARK KINGDOM -INFLATION LINKED- 0,10 18-151130 | 1.300.000 | DKK | 211.279,63 | 204.145,58 | 0,23% |
| Total COURONNE DANOISE |  |  | 4.517.992,90 | 4.007.487,41 | 4,59% |
| AUSTRIA 0,75 18-200228 | 600.000 | EUR | 643.500,00 | 578.226,00 | 0,66% |
| AUSTRIA 1,85 22-49 | 800.000 | EUR | 795.632,00 | 737.056,00 | 0,84% |
| AUSTRIA 2,40 13-230534 | 1.000.000 | EUR | 1.319.327,27 | 1.044.000,00 | 1,20% |
| BELGIUM KINGDOM OLO 1,25 18-220433 | 500.000 | EUR | 560.820,00 | 465.922,50 | 0,53% |
| BELGIUM KINGDOM OLO 88 1,7 19-22062050 | 600.000 | EUR | 758.377,00 | 493.785,00 | 0,57% |
| BELGIUM OLO 0,20 16-221023 | 3.000.000 | EUR | 3.019.825,45 | 2.988.465,00 | 3,42% |
| BELGIUM OLO 87 0,90 19-220629 | 1.600.000 | EUR | 1.752.683,26 | 1.529.960,00 | 1,75% |
| BUNDESREPUB DEUTSCH 0,00 22-150232 | 100.000 | EUR | 91.124,00 | 88.036,50 | 0,10% |
| DEUTSCHLAND -INFLATION LINKED- 0,10 15-150426 | 500.000 | EUR | 578.805,00 | 617.296,98 | 0,71% |
| EIB 0,00 20-25 | 550.000 | EUR | 535.856,20 | 532.163,50 | 0,61% |
| EUROPEAN 0,00 20-25 | 300.000 | EUR | 287.433,00 | 288.049,50 | 0,33% |
| EUROPEAN INVESTMENT BANK 4,125 07-150424 | 550.000 | EUR | 585.255,00 | 580.508,50 | 0,66% |
| EXPORT DEVELOPMENT 0,00 20-270125 | 400.000 | EUR | 406.140,00 | 386.454,00 | 0,44% |
| FINLAND 1,125 18-150434 | 1.600.000 | EUR | 1.836.637,33 | 1.455.752,00 | 1,67% |
| FRANCE IL 0,10 21-38 | 700.000 | EUR | 811.640,14 | 751.099,92 | 0,86% |
| FRANCE OA 0,00 21-27 | 100.000 | EUR | 95.772,00 | 94.169,50 | 0,11% |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| FRANCE OAT 0,50 18-250529 | 1.700.000 | EUR | 1.742.382,00 | 1.585.828,00 | 1,82% |
| FRANCE OAT 1,50 18-250550 | 200.000 | EUR | 252.538,00 | 162.536,00 | 0,19% |
| FRANCE OAT 1,75 17-250639 | 2.500.000 | EUR | 2.914.595,40 | 2.338.750,00 | 2,68% |
| FRANCE OAT -INFLATION LINKED- 0,10 19-010329 | 300.000 | EUR | 345.827,80 | 349.647,38 | 0,40% |
| FRANCE TREASURY 0,00 21-250532 | 700.000 | EUR | 603.652,00 | 580.321,00 | 0,66% |
| GERMANY 0,00 18-23 | 1.200.000 | EUR | 1.198.488,00 | 1.197.450,00 | 1,37% |
| IRELAND 1,35 18-180331 | 4.500.000 | EUR | 5.157.092,05 | 4.353.502,50 | 4,98% |
| IRISH TREASURY 1,00 16-150526 | 400.000 | EUR | 404.260,00 | 398.332,00 | 0,46% |
| IRISH TREASURY 1,50 19-150550 | 50.000 | EUR | 39.945,00 | 40.257,25 | 0,05% |
| KFW 0,00 20-151227 | 1.350.000 | EUR | 1.295.759,70 | 1.240.548,75 | 1,42% |
| KFW 0,125 22-090132 | 2.000.000 | EUR | 1.834.139,00 | 1.683.630,00 | 1,93% |
| KFW 0,375 16-090326 | 400.000 | EUR | 392.920,00 | 386.758,00 | 0,44% |
| KFW 0,625 17-220227 | 1.000.000 | EUR | 1.062.109,28 | 962.135,00 | 1,10% |
| KFW 1,25 16-040736 | 1.500.000 | EUR | 1.769.909,87 | 1.311.877,50 | 1,50% |
| KFW 1,375 22-32 | 1.200.000 | EUR | 1.192.260,00 | 1.134.132,00 | 1,30% |
| KFW 2,00 22-29 | 250.000 | EUR | 247.935,00 | 253.623,75 | 0,29% |
| NETHERLANDS GOVT 0,50 19-150140 | 900.000 | EUR | 994.526,00 | 707.692,50 | 0,81% |
| REPUBLIKA SLOVENIJA 1,25 17-220327 | 5.250.000 | EUR | 5.747.691,92 | 5.224.852,50 | 5,98% |
| SLOVENIA 0,125 21-010731 | 1.150.000 | EUR | 1.168.913,67 | 954.655,25 | 1,09% |
| Total EURO |  |  | 42.443.772,34 | 37.497.474,28 | 42,92% |
| KFW 1,25 22-310726 | 1.000.000 | GBP | 1.190.569,09 | 1.111.797,16 | 1,27% |
| UK ILB 0,125 18-28 | 350.000 | GBP | 539.106,46 | 452.845,02 | 0,52% |
| UK TREA 1,75 12-22 | 300.000 | GBP | 351.162,43 | 348.854,55 | 0,40% |
| UK TREASURY 1,25 17-220727 | 900.000 | GBP | 1.113.983,05 | 1.013.467,12 | 1,16% |
| UK TREASURY 3,50 14-220145 | 900.000 | GBP | 1.578.729,55 | 1.199.808,32 | 1,37% |
| UK TREASURY -INFLATION LINKED- 0,125 15-220346 | 200.000 | GBP | 384.812,93 | 373.635,14 | 0,43% |
| UNITED KINGDOM GILT 0,875 21-310733 | 500.000 | GBP | 583.146,79 | 498.147,07 | 0,57% |
| Total LIVRE STERLING |  |  | 5.741.510,30 | 4.998.554,38 | 5,72% |
| JAPAN 0,005 21-23 | 118.500.000 | JPY | 861.968,86 | 835.375,75 | 0,96% |
| JAPAN 0,10 19-200929 | 110.000.000 | JPY | 923.532,61 | 771.171,38 | 0,88% |
| JAPAN GOVT 0,70 21-200951 | 5.000.000 | JPY | 38.815,00 | 30.924,88 | 0,04% |
| JAPAN -INFLATION LINKED- 0,20 20-100330 | 135.000.000 | JPY | 1.082.583,91 | 1.042.463,28 | 1,19% |
| JAPAN TREASURY 0,005 21-201226 | 70.000.000 | JPY | 530.794,93 | 493.249,12 | 0,56% |
| Total YEN JAPONAIS |  |  | 3.437.695,31 | 3.173.184,41 | 3,63% |
| NORWAY 2,00 18-260428 | 17.000.000 | NOK | 1.765.438,90 | 1.559.037,64 | 1,78% |
| Total COURONNE NORVÉGIENNE |  |  | 1.765.438,90 | 1.559.037,64 | 1,78% |
| NEW ZEALAND 1,50 19-150531 | 1.000.000 | NZD | 555.677,47 | 497.499,19 | 0,57% |
| NEW ZEALAND 1,75 20-150541 | 1.750.000 | NZD | 865.892,65 | 733.804,16 | 0,84% |
| NEW ZEALAND 4,50 14-150427 | 7.000.000 | NZD | 4.973.641,58 | 4.343.501,14 | 4,97% |
| NEW ZEALAND GOVT 2,00 21-150532 | 1.500.000 | NZD | 897.708,13 | 766.472,39 | 0,88% |
| Total DOLLAR NEO-ZÉLANDAIS |  |  | 7.292.919,83 | 6.341.276,88 | 7,26% |
| SWEDEN 0,125 19-120531 | 7.500.000 | SEK | 693.423,61 | 611.336,30 | 0,70% |
| SWEDEN 1,00 14-121126 | 37.500.000 | SEK | 3.716.784,95 | 3.385.751,39 | 3,88% |

|  |
| --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| SWEDEN 1,50 11-131123 | 2.100.000 | SEK | 198.820,84 | 195.736,55 | 0,22% |
| SWEDEN 3,50 09-300339 | 2.000.000 | SEK | 240.883,89 | 234.717,14 | 0,27% |
| SWEDEN -INFLATION LINKED- 0,125 17-011227 | 3.000.000 | SEK | 348.481,84 | 343.229,58 | 0,39% |
| Total COURONNE SUÉDOISE |  |  | 5.198.395,13 | 4.770.770,96 | 5,46% |
| CANADA 2,875 22-25 | 500.000 | USD | 460.144,49 | 475.544,03 | 0,54% |
| EIB 0,375 21-240724 | 450.000 | USD | 393.881,92 | 407.926,97 | 0,47% |
| EIB 1,75 22-29 | 1.350.000 | USD | 1.179.799,31 | 1.180.670,52 | 1,35% |
| EUROPEAN INVESTMENT 0,375 21-260326 | 2.700.000 | USD | 2.250.478,68 | 2.332.092,87 | 2,67% |
| Total DOLLAR DES ETATS-UNIS |  |  | 4.284.304,40 | 4.396.234,39 | 5,03% |
| Total Obligations |  |  | 92.981.207,55 | 84.245.044,52 | 96,43% |
| Instruments du marché monétaire |  |  |  |  |  |
| JAPAN 0,00 22-22 | 265.000.000 | JPY | 1.842.260,88 | 1.866.727,44 | 2,14% |
| Total YEN JAPONAIS |  |  | 1.842.260,88 | 1.866.727,44 | 2,14% |
| Total Instruments du marché monétaire |  |  | 1.842.260,88 | 1.866.727,44 | 2,14% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 94.823.468,43 | 86.111.771,96 | 98,57% |
| Total du Portefeuille-Titres |  |  | 94.823.468,43 | 86.111.771,96 | 98,57% |

|  |
| --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Actions Cotées ou Négociées |  |  |  |  |  |
| ADIDAS A.G. | 500 | EUR | 105.725,00 | 84.380,00 | 0,54% |
| BNP PARIBAS S.A. | 1.750 | EUR | 92.297,73 | 79.388,75 | 0,51% |
| SIEMENS -NOM- | 500 | EUR | 69.268,36 | 48.545,00 | 0,31% |
| SOCIETE GENERALE -A- | 2.100 | EUR | 57.941,40 | 43.869,00 | 0,28% |
| WORLDLINE S.A. | 1.000 | EUR | 48.423,64 | 35.380,00 | 0,23% |
| Total EURO |  |  | 373.656,13 | 291.562,75 | 1,87% |
| ALIBABA GROUP HLDG LTD | 9.000 | HKD | 112.558,81 | 122.763,18 | 0,79% |
| LI AUTO INC. | 1.400 | HKD | 26.171,37 | 26.093,42 | 0,17% |
| Total DOLLAR DE HONG-KONG |  |  | 138.730,18 | 148.856,60 | 0,96% |
| AMERICAN AIRLINES GROUP INC. | 2.800 | USD | 51.326,11 | 33.960,50 | 0,22% |
| CLOUDFLARE INC. -A- | 500 | USD | 47.030,16 | 20.924,00 | 0,13% |
| FORD MOTOR CO | 7.000 | USD | 142.283,24 | 74.522,93 | 0,48% |
| GUARDANT HEALTH INC. | 800 | USD | 65.735,72 | 30.869,00 | 0,20% |
| HUBSPOT INC. | 230 | USD | 95.040,38 | 66.143,29 | 0,42% |
| LYFT INC-A | 2.000 | USD | 79.268,42 | 25.405,33 | 0,16% |
| PALO ALTO NETWORKS INC. | 150 | USD | 69.210,39 | 70.869,96 | 0,45% |
| UBER TECHNOLOGIES INC. | 2.000 | USD | 81.305,00 | 39.141,04 | 0,25% |
| UPWORK INC. | 1.000 | USD | 44.350,48 | 19.780,96 | 0,13% |
| ZENDESK INC. | 1.000 | USD | 107.786,21 | 70.849,87 | 0,45% |
| ZIFF DAVIS INC. | 700 | USD | 77.302,11 | 49.902,91 | 0,32% |
| Total DOLLAR DES ETATS-UNIS |  |  | 860.638,22 | 502.369,79 | 3,22% |
| Total Actions Cotées ou Négociées |  |  | 1.373.024,53 | 942.789,14 | 6,05% |
| Obligations |  |  |  |  |  |
| FLIGHT CENTRE TRAVEL 2,50 20-171127 | 400.000 | AUD | 286.744,12 | 282.195,55 | 1,81% |
| Total DOLLAR AUSTRALIEN |  |  | 286.744,12 | 282.195,55 | 1,81% |
| ACCOR CV 0,70 20-071227 | 7.400 | EUR | 388.941,87 | 304.554,40 | 1,95% |
| BASIC-FIT N.V. CV 1,50 21-170628 | 100.000 | EUR | 110.250,00 | 93.768,00 | 0,60% |
| BE SEMICONDUCTOR 1,875 22-060429 | 200.000 | EUR | 198.980,00 | 166.658,00 | 1,07% |
| CELLNEX TELECOM 0,50 19-050728 | 100.000 | EUR | 102.650,00 | 101.987,50 | 0,65% |
| DIASORIN SpA 0,00 21-050528 | 200.000 | EUR | 218.775,00 | 164.736,00 | 1,06% |
| EDENRED 1,375 15-25 | 300.000 | EUR | 292.482,00 | 292.399,50 | 1,88% |
| GN STORE NORD CONVERTIBLE 0,00 19-210524 | 200.000 | EUR | 227.540,00 | 183.490,00 | 1,18% |
| KERING-ARCHER OBLIG 0,00 17-310323 | 100.000 | EUR | 158.750,00 | 125.381,50 | 0,80% |
| KPN-AMERICA MOVIL S.A.B. DE CV 0,00 21-020324 | 500.000 | EUR | 542.046,64 | 554.490,00 | 3,56% |
| NEOEN S.A. 2,00 20-020625 | 4.500 | EUR | 235.750,00 | 223.002,00 | 1,43% |
| NEXI SpA CONVERTIBLE 1,75 20-240427 | 400.000 | EUR | 409.480,00 | 313.804,00 | 2,01% |
| PRYSMIAN 0% 02/02/26 (CONV.) | 400.000 | EUR | 411.120,00 | 362.370,00 | 2,33% |
| SCHNEIDER ELECTRICCV 0,00 20-150626 | 900 | EUR | 193.319,29 | 155.414,70 | 1,00% |

|  |
| --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| SHOP APOTHEKE 0% 01/21/28 (CONV.) | 100.000 | EUR | 83.750,00 | 78.481,00 | 0,50% |
| SILICON ON INSULATOR 0% 10/01/2025 (CONV.) | 450 | EUR | 103.719,00 | 81.826,65 | 0,53% |
| UMICORE S.A. 0,00 20-230625 | 100.000 | EUR | 99.875,00 | 88.377,50 | 0,57% |
| Total EURO |  |  | 3.777.428,80 | 3.290.740,75 | 21,12% |
| CITYGROUP GLOBAL MARKET 0,00 21-280524 | 2.000.000 | HKD | 223.674,01 | 236.659,52 | 1,52% |
| Total DOLLAR DE HONG-KONG |  |  | 223.674,01 | 236.659,52 | 1,52% |
| AIRBNB INC. CONVERTIBLE 0,00 22-150326 | 200.000 | USD | 164.810,81 | 158.264,86 | 1,02% |
| AKAMAI 0 3/8 09/01/27 (CONV.) | 400.000 | USD | 400.832,99 | 380.986,18 | 2,44% |
| AVALARA INC. CONVERTIBLE 0,25 21-010826 | 250.000 | USD | 216.932,24 | 188.534,85 | 1,21% |
| BENTLEY SYSTEMS CV 0,125 21-150126 | 400.000 | USD | 341.934,58 | 333.525,27 | 2,14% |
| BILL.COM HOLD CV 0,00 21-010427 | 500.000 | USD | 430.407,65 | 371.043,57 | 2,38% |
| BIOMARIN PHARMACEUTICAL CV 1,25 20-150527 | 150.000 | USD | 139.068,77 | 143.432,25 | 0,92% |
| COUPA SOFTWARE 0,125 CV 19-150625 | 300.000 | USD | 289.829,38 | 240.136,31 | 1,54% |
| CRYOPORT INC. CONVERTIBLE 0,75 21-011226 | 100.000 | USD | 87.916,94 | 73.799,32 | 0,47% |
| CYBERARK SOFTWARE 0,00 19-151124 | 150.000 | USD | 150.131,48 | 151.425,46 | 0,97% |
| DROPBOX INC. CONVERTIBLE 0,00 21-010326 | 100.000 | USD | 93.224,29 | 86.501,98 | 0,56% |
| ENPHASE ENERGY -CUM WARRANT- 0,00 21-010326 | 500.000 | USD | 456.370,80 | 470.821,18 | 3,02% |
| EXPEDIA GROUP INC. 0-150226 | 200.000 | USD | 182.309,91 | 174.731,46 | 1,12% |
| GLOBALWAFERS CV 0,00 21-010626 | 400.000 | USD | 351.038,40 | 332.109,62 | 2,13% |
| ILLUMINA CV 0,00 18-150823 | 150.000 | USD | 162.047,80 | 137.178,73 | 0,88% |
| JETBLUE AIR 0,50 -26 | 260.000 | USD | 219.155,70 | 182.016,16 | 1,17% |
| JOYY INC. CV 1,375 19-150626 | 70.000 | USD | 58.077,70 | 56.964,84 | 0,37% |
| LCII 1.125% 15/05/26 (CONV.) | 100.000 | USD | 98.368,63 | 86.468,02 | 0,55% |
| LENOVO 3,375 19-24 | 200.000 | USD | 236.794,17 | 230.979,96 | 1,48% |
| LUMENTUM HLDG CONVERTIBLE 0,50 22-150628 | 350.000 | USD | 310.909,79 | 291.237,03 | 1,87% |
| MARRIOT VACATION 0 -150126 | 200.000 | USD | 193.834,25 | 175.085,37 | 1,12% |
| MEITUAN CONVERTIBLE 0,00 21-270427 | 200.000 | USD | 167.110,36 | 167.872,21 | 1,08% |
| NEXTERA 0,00 CV 21-150624 | 300.000 | USD | 260.488,23 | 276.040,46 | 1,77% |
| NICE LTD CONVERTIBLE 0,00 21-150925 | 350.000 | USD | 341.144,07 | 330.482,09 | 2,12% |
| PEBBLEBROOK HOTEL 1,75 20-151226 | 300.000 | USD | 299.376,23 | 259.220,43 | 1,66% |
| PERFICIENT INC. CONVERTIBLE 0,125 21-151126 | 100.000 | USD | 88.043,43 | 77.938,21 | 0,50% |
| QIAGEN N.V. 1,00 18-131124 | 400.000 | USD | 440.254,95 | 425.150,89 | 2,73% |
| SEMICONDUCT 0,00 -27 | 200.000 | USD | 235.125,61 | 220.578,70 | 1,42% |
| SNAP 0.125% 03/01/28 (CONV.) | 100.000 | USD | 87.565,67 | 67.249,99 | 0,43% |
| SNAP CONV 0,00 21-27 | 150.000 | USD | 151.547,83 | 101.961,12 | 0,65% |
| SOFI TECHNOLOGIES CV 0,00 21-151026 | 300.000 | USD | 254.751,22 | 189.379,21 | 1,22% |
| SPLUNK INC. 1,125 18-150925 | 450.000 | USD | 437.968,04 | 404.894,54 | 2,60% |
| SREN-ELM B.V. 3,25 18-130624 | 200.000 | USD | 185.905,95 | 187.704,81 | 1,20% |
| STMICROELECTRONICS 0,00 20-040825 | 200.000 | USD | 228.427,74 | 194.257,98 | 1,25% |
| STMICROELECTRONICS 0,00 20-040827 | 200.000 | USD | 225.267,58 | 191.669,62 | 1,23% |
| SUNNOVA 0,25 21-25 | 120.000 | USD | 124.477,11 | 90.613,23 | 0,58% |
| TELADOC CV 1,25 20-010627 | 300.000 | USD | 272.060,06 | 213.357,40 | 1,37% |
| UNITY SOFTWARE CV 0,00 21-151126 | 100.000 | USD | 88.101,85 | 71.010,09 | 0,46% |
| VERINT SYSTEMS INC 0.25% 15/04/26 (CONV.) | 400.000 | USD | 339.563,31 | 351.905,88 | 2,26% |
| VINGROUP JOINT CONVERTIBLE 3,00 21-200426 | 400.000 | USD | 347.610,18 | 329.729,78 | 2,12% |

|  |
| --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| XIAOMI BEST TIME CV 0,00 20-171227 | 600.000 | USD | 511.788,70 | 478.754,60 | 3,07% |
| ZSCALER 0,125 21-25 | 100.000 | USD | 120.086,82 | 116.091,16 | 0,74% |
| Total DOLLAR DES ETATS-UNIS |  |  | 9.790.661,22 | 9.011.104,82 | 57,82% |
| Total Obligations |  |  | 14.078.508,15 | 12.820.700,64 | 82,27% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 15.451.532,68 | 13.763.489,78 | 88,32% |
| Autres valeurs mobilières |  |  |  |  |  |
| BOSIDENG INTERNATIONAL 1% 12/17/24 (CONV.) | 200.000 | USD | 201.032,06 | 226.300,64 | 1,45% |
| Total DOLLAR DES ETATS-UNIS |  |  | 201.032,06 | 226.300,64 | 1,45% |
| Total Autres valeurs mobilières |  |  | 201.032,06 | 226.300,64 | 1,45% |
| Options |  |  |  |  |  |
| CALL E-MINI NASDAQ SEPTEMBRE 2022 ST 12500 | 3 | USD | 19.910,36 | 14.462,67 | 0,09% |
| Total DOLLAR DES ETATS-UNIS |  |  | 19.910,36 | 14.462,67 | 0,09% |
| Total Options |  |  | 19.910,36 | 14.462,67 | 0,09% |
| Total du Portefeuille-Titres |  |  | 15.672.475,10 | 14.004.253,09 | 89,86% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Actions Cotées ou Négociées |  |  |  |  |  |
| ABU DHABI COMMERCIAL BANK | 350.000 | AED | 818.329,84 | 807.541,57 | 0,21% |
| ABU DHABI ISLAMIC BANK | 200.000 | AED | 381.877,65 | 390.619,91 | 0,10% |
| ALDAR PROPERTIES P.J.S.C. | 500.000 | AED | 549.133,41 | 579.419,54 | 0,15% |
| EMIRATES NBD BANK P.J.S.C. | 290.000 | AED | 966.085,07 | 996.862,02 | 0,26% |
| EMIRATES TELECOMMUNICATIONS CORP. | 430.000 | AED | 3.579.978,62 | 2.922.618,20 | 0,76% |
| NATIONAL BANK OF ABU DHABI | 520.000 | AED | 2.647.316,94 | 2.543.091,89 | 0,66% |
| Total DIRHAM DES ETATS ARABES UNIS |  |  | 8.942.721,53 | 8.240.153,13 | 2,14% |
| AMERICANAS S.A. -REG- | 71.000 | BRL | 377.797,77 | 174.410,80 | 0,05% |
| ATACADAO S.A. | 48.600 | BRL | 112.681,79 | 148.187,26 | 0,04% |
| BANCO BRADESCO S.A. | 176.000 | BRL | 444.163,40 | 462.924,92 | 0,12% |
| BANCO BRADESCO S.A. | 638.000 | BRL | 2.001.123,76 | 2.007.188,39 | 0,52% |
| BANCO SANTANDER (BRASIL) S.A. UNITS | 51.000 | BRL | 264.441,79 | 268.752,46 | 0,07% |
| CIA ENERGETICA DE MINAS GERAIS CMIG | 279.500 | BRL | 491.578,61 | 530.662,23 | 0,14% |
| COMPANHIA DE CONCESSOES RODOVIARIAS | 118.600 | BRL | 242.945,89 | 271.815,85 | 0,07% |
| COSAN S.A. | 150.000 | BRL | 553.876,60 | 499.346,09 | 0,13% |
| ENERGISA S.A. | 30.000 | BRL | 220.357,19 | 221.413,35 | 0,06% |
| EQUATORIAL ENERGIA S.A. | 150.000 | BRL | 610.936,94 | 626.651,91 | 0,16% |
| GERDAU S.A. | 160.000 | BRL | 773.671,58 | 654.088,51 | 0,17% |
| HAPVIDA PARTICIPACOES -E- INVESTIMEMT | 510.000 | BRL | 1.080.187,75 | 510.265,86 | 0,13% |
| HYPERA S.A. | 40.000 | BRL | 234.719,17 | 278.316,86 | 0,07% |
| ITAU UNIBANCO HLDG SA. | 550.000 | BRL | 2.817.364,74 | 2.280.621,53 | 0,59% |
| KLABIN S.A. CTF DE DEPOSITO DE ACOES | 152.400 | BRL | 596.051,43 | 563.086,80 | 0,15% |
| LOCALIZA RENT -A- CAR S.A. | 70.000 | BRL | 619.559,84 | 671.044,33 | 0,17% |
| LOJAS RENNER S.A. | 120.000 | BRL | 563.732,16 | 496.492,69 | 0,13% |
| NATURA & CO HLDG S.A. | 187.700 | BRL | 748.037,98 | 460.739,87 | 0,12% |
| PETRO RIO S.A. | 90.000 | BRL | 427.256,23 | 361.998,48 | 0,09% |
| RAIA DROGASIL S.A. | 130.000 | BRL | 492.048,78 | 456.545,00 | 0,12% |
| REDE D'OR SAO LUIZ S.A. | 39.300 | BRL | 301.889,97 | 208.319,51 | 0,05% |
| RUMO S.A. | 127.000 | BRL | 342.838,63 | 370.977,57 | 0,10% |
| TELEFONICA BRASIL S.A. | 70.000 | BRL | 597.622,50 | 602.544,29 | 0,16% |
| TIM S.A. | 150.000 | BRL | 350.987,01 | 350.091,00 | 0,09% |
| TOTVS S.A. | 120.000 | BRL | 559.955,93 | 510.540,23 | 0,13% |
| ULTRAPAR PARTICIPACOES S.A. | 70.000 | BRL | 170.827,77 | 157.614,11 | 0,04% |
| WEG S.A. | 210.000 | BRL | 1.200.791,33 | 1.015.977,25 | 0,26% |
| Total REAL BRÉSILIEN |  |  | 17.197.446,54 | 15.160.617,15 | 3,94% |
| CENCOSUD S.A. | 160.000 | CLP | 237.114,29 | 190.801,81 | 0,05% |
| EMPRESAS CMPC S.A. | 190.000 | CLP | 287.418,86 | 295.830,61 | 0,08% |
| EMPRESAS COPEC S.A. | 40.000 | CLP | 284.321,14 | 276.482,93 | 0,07% |
| ENEL AMERICAS S.A | 4.600.000 | CLP | 487.352,69 | 409.068,13 | 0,11% |
| FALABELLA SOCIEDAD ANOMINA COMERCIA | 80.000 | CLP | 218.012,32 | 175.609,54 | 0,05% |
| SOCIEDAD QUIMICA Y MINERA DE CHILE | 18.000 | CLP | 974.243,29 | 1.405.897,31 | 0,37% |
| Total PESO CHILIEN |  |  | 2.488.462,59 | 2.753.690,33 | 0,72% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| 37 INTERACTIVE ENTERTAINMENT NETWK | 30.000 | CNY | 85.838,52 | 91.004,57 | 0,02% |
| BAOSHAN IRON & STEEL CO LTD -A- | 150.000 | CNY | 133.650,75 | 129.026,73 | 0,03% |
| BYD CO -A- LTD | 13.000 | CNY | 453.281,44 | 619.466,89 | 0,16% |
| BY-HEALTH CO LTD -A- | 20.000 | CNY | 60.363,34 | 61.869,96 | 0,02% |
| CECEP SOLAR ENERGY CO LTD -A- | 30.000 | CNY | 37.508,05 | 35.793,13 | 0,01% |
| CECEP WIND-POWER CORP. -A- | 60.000 | CNY | 38.754,03 | 41.151,38 | 0,01% |
| CHENGXIN LITH | 10.000 | CNY | 68.412,48 | 86.246,44 | 0,02% |
| CHINA JUSHI CO LTD -A- | 100.000 | CNY | 236.210,36 | 248.765,82 | 0,06% |
| CHINA MERCHANTS BANK CO LTD -A- | 150.000 | CNY | 828.843,51 | 904.473,07 | 0,24% |
| CHINA MOLYBDENUM CO LTD -A- | 300.000 | CNY | 235.509,35 | 245.622,31 | 0,06% |
| CHINA SOUTHERN AIRLINES CO LTD -A- | 121.800 | CNY | 122.854,25 | 127.220,35 | 0,03% |
| CHINA THREE GORGES RENEWABLES -A- | 200.000 | CNY | 200.836,59 | 179.751,52 | 0,05% |
| CHINA VANKE CO -A- | 80.000 | CNY | 240.468,39 | 234.334,25 | 0,06% |
| CONTEMPORARY AMPEREX TECHNOLOGY CO | 18.000 | CNY | 1.348.358,86 | 1.373.427,35 | 0,36% |
| ENN NATURAL GAS CO LTD | 20.000 | CNY | 54.038,81 | 53.125,29 | 0,01% |
| EVE ENERGY CO LTD -A- | 10.000 | CNY | 108.732,44 | 139.314,57 | 0,04% |
| GEM CO LTD -A- | 100.000 | CNY | 123.741,30 | 130.026,93 | 0,03% |
| HUADONG MED CO -A- | 20.000 | CNY | 107.950,83 | 129.055,30 | 0,03% |
| HUATAI SECURITIES A | 60.000 | CNY | 111.264,25 | 121.739,50 | 0,03% |
| INNER MONGOLIA YILI INDUSTRIAL -A- | 44.000 | CNY | 239.547,34 | 244.879,30 | 0,06% |
| JIANGSU EASTER | 40.000 | CNY | 87.040,05 | 96.648,59 | 0,03% |
| JIANGXI GANFENG LITHIUM CO LTD | 16.000 | CNY | 277.217,82 | 339.956,13 | 0,09% |
| KEDA IND GRP | 40.000 | CNY | 85.480,79 | 117.967,29 | 0,03% |
| ORIENT SEC -A- | 90.000 | CNY | 117.027,95 | 131.298,63 | 0,03% |
| PHARMARON BEIJING CO., LTD. REGISTE | 9.900 | CNY | 113.959,74 | 134.696,19 | 0,04% |
| POSTAL SAVINGS | 170.000 | CNY | 124.253,44 | 130.927,12 | 0,03% |
| S.F. HLDG CO LTD | 40.000 | CNY | 289.019,76 | 318.980,36 | 0,08% |
| SHANGHAI FOSUN PHARMACEUTICAL | 18.000 | CNY | 128.591,08 | 113.397,78 | 0,03% |
| SHANGHAI PUTAILAI NEW ENERGY TECH-A | 10.000 | CNY | 89.518,16 | 120.596,41 | 0,03% |
| SHENZHEN INOVANCE TECHNOLOGY CO -A- | 15.000 | CNY | 121.060,25 | 141.179,24 | 0,04% |
| SHENZHEN MINDRAY BIO-MEDICAL ELECTR | 9.000 | CNY | 379.025,19 | 402.769,14 | 0,10% |
| SHUANGHUI INVT -A- | 25.000 | CNY | 98.637,04 | 104.664,54 | 0,03% |
| SUNGROW POWER SUPPLY CO LTD -A- | 9.000 | CNY | 131.572,02 | 126.347,60 | 0,03% |
| WUXI APPTEC CO., LTD. -REG- | 20.000 | CNY | 300.514,52 | 297.175,84 | 0,08% |
| YUNNAN BAIYAO GROUP CO LTD -A- | 12.320 | CNY | 119.216,97 | 106.308,42 | 0,03% |
| YUNNAN ENERGY NEW MATERIAL CO -A- | 6.000 | CNY | 181.898,68 | 214.715,91 | 0,06% |
| ZHEJIANG CHINT ELECTRICS CO LTD | 20.000 | CNY | 98.857,57 | 102.249,75 | 0,03% |
| ZHEJIANG HUAYOU COBALT CO LTD -A- | 26.000 | CNY | 275.134,02 | 355.233,58 | 0,09% |
| Total YUAN RENMINBI CHINOIS |  |  | 7.854.189,94 | 8.551.407,18 | 2,22% |
| BANCOLOMBIA ORD | 30.000 | COP | 320.620,87 | 231.298,51 | 0,06% |
| BANCOLOMBIA S.A. BANCOLOMBIA PFUND | 60.000 | COP | 445.234,49 | 437.219,02 | 0,11% |
| INTERCONEXION ELECTRICA S.A. ESP | 50.000 | COP | 280.389,98 | 235.620,13 | 0,06% |
| Total PESO COLOMBIEN |  |  | 1.046.245,34 | 904.137,66 | 0,23% |
| KOMERCNI BANKA A.S. | 19.400 | CZK | 671.698,46 | 519.597,34 | 0,14% |
| MONETA MONEY BANK AS | 167.800 | CZK | 626.904,90 | 581.369,29 | 0,15% |
| Total COURONNE TCHÈQUE |  |  | 1.298.603,36 | 1.100.966,63 | 0,29% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| COMMERCIAL INTERNATIONAL BANK LTD | 300.000 | EGP | 880.497,82 | 569.031,44 | 0,15% |
| Total LIVRE ÉGYPTIENNE |  |  | 880.497,82 | 569.031,44 | 0,15% |
| ALPHA SERVICES & HLDG S.A | 250.000 | EUR | 246.250,00 | 208.000,00 | 0,05% |
| AXIS BANK LTD SPONSORED GDR | 75.000 | EUR | 3.407.964,86 | 2.700.000,00 | 0,70% |
| EUROBANK HLDG S.A. | 497.500 | EUR | 460.192,97 | 419.492,00 | 0,11% |
| NEPI ROCKCASTLE PLC | 135.200 | EUR | 779.543,82 | 703.040,00 | 0,18% |
| PUBLIC POWER CORP. | 40.000 | EUR | 328.799,49 | 209.800,00 | 0,05% |
| RELIANCE INDUSTRIES GDR LTD 2-144A | 210.000 | EUR | 12.317.477,35 | 13.272.000,00 | 3,45% |
| Total EURO |  |  | 17.540.228,49 | 17.512.332,00 | 4,55% |
| POLYMETAL INTERNATIONAL PLC | 34.800 | GBP | 542.163,37 | 0,41 | 0,00% |
| Total LIVRE STERLING |  |  | 542.163,37 | 0,41 | 0,00% |
| 3SBIO INC. | 124.500 | HKD | 94.034,41 | 94.699,89 | 0,02% |
| AAC TECHNOLOGIES HLDG INC. | 71.000 | HKD | 264.899,75 | 156.304,55 | 0,04% |
| AIR CHINA LTD | 178.000 | HKD | 106.703,83 | 147.978,94 | 0,04% |
| ALIBABA GROUP HLDG LTD | 1.740.000 | HKD | 24.161.882,57 | 23.734.214,25 | 6,17% |
| ALIBABA HEALTH INFO TECHNOLOGY | 396.000 | HKD | 332.430,54 | 260.666,05 | 0,07% |
| A-LIVING SMART CITY SERVICES CO LTD | 55.500 | HKD | 114.140,77 | 85.378,37 | 0,02% |
| BAIDU INC. -REG -A- | 265.000 | HKD | 4.620.189,95 | 4.796.979,37 | 1,25% |
| BEIJING CAPITAL INTERNATIONAL AIRPORT CO LTD | 184.000 | HKD | 100.882,13 | 119.996,10 | 0,03% |
| BEIJING ENTERPRISES WATER GROUP LTD | 1.312.000 | HKD | 436.358,85 | 379.033,60 | 0,10% |
| BOC AVIATION LTD | 40.000 | HKD | 263.390,52 | 321.566,14 | 0,08% |
| BYD | 95.000 | HKD | 3.044.109,55 | 3.636.208,49 | 0,95% |
| CANSINO BIOLOGICS INC -H- | 7.800 | HKD | 125.900,19 | 76.396,95 | 0,02% |
| CHINA COMMUNICATION -H- | 234.000 | HKD | 103.807,76 | 98.408,02 | 0,03% |
| CHINA CONCH VENTURE HLDG LTD | 200.000 | HKD | 867.104,43 | 416.890,15 | 0,11% |
| CHINA CONSTRUCTION BANK CORP. | 11.000.000 | HKD | 6.877.285,26 | 7.066.409,87 | 1,84% |
| CHINA EVERBRIGHT ENVIRONMENT GROUP | 575.000 | HKD | 349.215,41 | 324.522,16 | 0,08% |
| CHINA FEIHE LTD | 500.000 | HKD | 539.727,58 | 549.758,64 | 0,14% |
| CHINA GAS HLDG LTD | 500.000 | HKD | 740.125,21 | 738.700,08 | 0,19% |
| CHINA LESSO GROUP HLDG LTD | 106.000 | HKD | 134.078,77 | 152.986,49 | 0,04% |
| CHINA MEDICAL SYSTEM HLDG LTD | 133.000 | HKD | 187.595,62 | 198.439,71 | 0,05% |
| CHINA MENGNIU DAIRY | 360.000 | HKD | 1.807.987,69 | 1.718.026,23 | 0,45% |
| CHINA MERCHANTS BANK | 450.000 | HKD | 3.298.987,11 | 2.879.833,24 | 0,75% |
| CHINA MOLYBDENUM CO LTD | 600.000 | HKD | 305.524,56 | 320.347,16 | 0,08% |
| CHINA OVERSEAS LAND & INVESTMENT | 450.000 | HKD | 1.065.187,24 | 1.360.378,37 | 0,35% |
| CHINA RESOURCES CEMENT HLDG LTD | 250.000 | HKD | 183.507,39 | 160.600,22 | 0,04% |
| CHINA RESOURCES GAS GROUP LTD | 150.000 | HKD | 644.989,98 | 668.304,16 | 0,17% |
| CHINA RESOURCES MIXC LIFESTYLE SERV | 75.000 | HKD | 343.079,02 | 355.636,55 | 0,09% |
| CHINA RUYI HLDG LTD | 272.000 | HKD | 94.057,16 | 95.489,78 | 0,02% |
| CHINA SOUTHERN AIRLINES CO LTD | 168.000 | HKD | 87.714,49 | 92.973,82 | 0,02% |
| CHINA SUNTIEN GREEN ENERGY CORP-H | 240.000 | HKD | 129.926,77 | 117.021,80 | 0,03% |
| CHINA VANKE CO LTD -H- | 200.000 | HKD | 452.888,83 | 480.764,54 | 0,12% |
| CIFI EVER SUNSHINE SERVICES GROUP L | 78.000 | HKD | 130.420,59 | 95.080,21 | 0,02% |
| CIFI HLDG GROUP CO LTD | 260.000 | HKD | 141.018,53 | 106.806,77 | 0,03% |
| CITIC PACIFIC LTD | 700.000 | HKD | 617.402,82 | 678.360,72 | 0,18% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| COUNTRY GARDEN SERVICES HLDG CO | 220.000 | HKD | 1.242.915,65 | 937.271,44 | 0,24% |
| CSPC PHARMACEUTICAL GROUP LTD | 1.000.000 | HKD | 938.922,86 | 949.583,11 | 0,25% |
| DALI FOODS GROUP CO LTD | 558.500 | HKD | 265.180,15 | 283.893,05 | 0,07% |
| ENN ENERGY HLDG LTD | 105.000 | HKD | 1.566.871,37 | 1.649.824,47 | 0,43% |
| FAR EAST HORIZON LTD | 250.000 | HKD | 203.268,31 | 200.521,72 | 0,05% |
| FOSUN INTERNATIONAL LTD | 245.500 | HKD | 246.603,45 | 216.962,67 | 0,06% |
| GAFENG LITHIUM BONU | 40.000 | HKD | 0,00 | 168.413,87 | 0,04% |
| GANFENG LITHIUM CO., LTD. REGISTERE | 40.000 | HKD | 573.543,81 | 421.034,67 | 0,11% |
| GENSCRIPT BIOTECH CORP. | 150.000 | HKD | 576.499,84 | 520.198,45 | 0,14% |
| GREENTOWN SERVICE GROUP CO LTD | 142.000 | HKD | 122.758,43 | 153.708,13 | 0,04% |
| HANSOH PHARMACEUTICAL GROUP CO | 116.000 | HKD | 223.786,15 | 223.979,72 | 0,06% |
| HOPSON DEV BONU | 70.300 | HKD | 0,00 | 10.266,15 | 0,00% |
| HOPSON DEVELOPMENT HLDG LTD | 70.300 | HKD | 149.818,17 | 102.661,51 | 0,03% |
| HUATAI SECURITIES CO LTD UNITAR | 260.000 | HKD | 346.869,99 | 368.911,21 | 0,10% |
| JINXIN FERTILITY GROUP LTD | 122.500 | HKD | 136.685,34 | 107.961,75 | 0,03% |
| KINGDEE INTERNATIONAL SOFTWARE GROUP | 400.000 | HKD | 957.509,33 | 897.167,10 | 0,23% |
| KUNLUN ENERGY CO LTD | 540.000 | HKD | 448.675,59 | 423.253,21 | 0,11% |
| LENOVO GROUP | 1.000.000 | HKD | 948.354,49 | 893.510,17 | 0,23% |
| LONGFOR GROUP HLDG LTD | 200.000 | HKD | 916.511,35 | 903.261,98 | 0,23% |
| MEITUAN DIANPING B | 470.000 | HKD | 12.141.137,93 | 11.126.090,98 | 2,89% |
| MICROPORT SCIENTIFIC CORP. | 62.300 | HKD | 222.873,32 | 172.768,66 | 0,04% |
| NETEASE INC. | 235.000 | HKD | 4.727.693,95 | 4.127.882,88 | 1,07% |
| PHARMARON BEIJING | 21.900 | HKD | 0,00 | 104.846,96 | 0,03% |
| PHARMARON BEIJING CO., LTD. | 21.900 | HKD | 362.456,99 | 209.693,91 | 0,05% |
| PING AN HEALTHCARE & TECHNOLOGY | 60.000 | HKD | 149.642,73 | 170.047,30 | 0,04% |
| POP MART INTL | 60.000 | HKD | 214.535,20 | 277.195,38 | 0,07% |
| POSTAL SAVINGS BANK OF CHINA -H- | 900.000 | HKD | 620.201,77 | 683.480,42 | 0,18% |
| SHANDONG WEIGAO GROUP MEDICAL -H- | 243.600 | HKD | 302.032,14 | 270.811,84 | 0,07% |
| SHANGHAI FOSUN PHARMACEUTICAL | 48.500 | HKD | 198.882,41 | 171.744,72 | 0,04% |
| SHANGHAI PHARMACEUTICAL HLDG CO -H- | 76.400 | HKD | 124.621,19 | 121.068,80 | 0,03% |
| SHENZHEN INTERNATIONAL HLDG LTD | 122.000 | HKD | 116.848,00 | 114.808,13 | 0,03% |
| SINO BIOPHARM LTD | 1.250.000 | HKD | 742.735,47 | 757.289,48 | 0,20% |
| SINOPHARMACEUTICAL GROUP CO LTD -H- | 150.000 | HKD | 345.029,34 | 347.774,15 | 0,09% |
| SINOTRUK HONG KONG LTD | 67.500 | HKD | 90.609,41 | 90.509,04 | 0,02% |
| TENCENT HOLDINGS LTD | 713.000 | HKD | 35.892.718,63 | 30.801.989,37 | 8,01% |
| THE WHARF HLDG LTD | 150.000 | HKD | 465.417,28 | 522.941,15 | 0,14% |
| TONGCHENG TRAVEL HLDG LTD | 97.600 | HKD | 196.726,52 | 200.825,00 | 0,05% |
| UNI-PRESIDENT CHINA HLDG LTD | 285.000 | HKD | 252.801,95 | 233.805,89 | 0,06% |
| VINDA INTERNATIONAL HLDG LTD | 165.000 | HKD | 391.551,26 | 404.273,73 | 0,11% |
| WANT WANT CHINA HLDG LTD | 700.000 | HKD | 548.665,44 | 581.939,64 | 0,15% |
| WUXI APPTEC CO LTD -H- | 46.400 | HKD | 844.476,05 | 591.057,58 | 0,15% |
| WUXI BIOLOGICS CAYMAN INC. | 425.000 | HKD | 4.301.872,47 | 3.719.708,42 | 0,97% |
| XINJIANG GOLDWIND SCIENCE & TECH -H- | 156.800 | HKD | 304.633,81 | 280.587,06 | 0,07% |
| XINYI SOLAR HLDG LTD | 550.000 | HKD | 881.988,76 | 812.570,09 | 0,21% |
| YADEA | 118.000 | HKD | 187.645,67 | 220.937,15 | 0,06% |
| YIHAI INTERNATIONAL HOLDING | 50.000 | HKD | 143.909,98 | 172.485,25 | 0,04% |
| ZHEJIANG EXPRESSWAY | 460.000 | HKD | 381.518,00 | 405.968,11 | 0,11% |
| ZOOMLION HEAVY INDUSTRIES SCIENCE & TECHNOLOGY | 131.600 | HKD | 79.936,76 | 67.214,88 | 0,02% |
| Total DOLLAR DE HONG-KONG |  |  | 127.864.491,99 | 119.679.861,74 | 31,11% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| MOL HUNGARIAN OIL & GAS PLC | 50.000 | HUF | 344.093,47 | 367.700,80 | 0,10% |
| OTP BANK PLC | 25.000 | HUF | 1.195.768,75 | 530.633,33 | 0,14% |
| Total FORINT HONGROIS |  |  | 1.539.862,22 | 898.334,13 | 0,23% |
| ANEKA TAMBANG TBK | 1.630.000 | IDR | 262.575,96 | 188.383,75 | 0,05% |
| BARITO PACIFIC TBK | 7.000.000 | IDR | 387.874,23 | 339.334,74 | 0,09% |
| INDAH KIAT PULP & PAPER CORP. | 501.000 | IDR | 252.721,05 | 244.475,11 | 0,06% |
| KALBE FARMA TBK | 4.000.000 | IDR | 397.132,41 | 426.335,41 | 0,11% |
| PT BANK CENTRAL ASIA TBK | 6.500.000 | IDR | 2.998.315,28 | 3.025.761,49 | 0,79% |
| PT BANK NEGARA INDONESIA | 800.000 | IDR | 467.714,47 | 403.220,84 | 0,10% |
| PT MERDEKA COPPER GOLD TBK | 2.134.361 | IDR | 540.941,89 | 546.794,45 | 0,14% |
| PT UNILEVER INDONESIA TBK | 3.000.000 | IDR | 812.330,04 | 918.804,18 | 0,24% |
| TELKOM INDONESIA | 5.500.000 | IDR | 1.510.513,83 | 1.412.557,09 | 0,37% |
| TOWER BERSAMA INFRASTRUCTURE TBK | 1.348.500 | IDR | 252.187,52 | 254.554,99 | 0,07% |
| Total ROUPIE INDOÉSIENNE |  |  | 7.882.306,68 | 7.760.222,05 | 2,02% |
| AMOREPACIFIC CORP. | 7.000 | KRW | 898.263,14 | 670.393,22 | 0,17% |
| AMOREPACIFIC GROUP | 11.700 | KRW | 399.276,25 | 321.501,43 | 0,08% |
| BGF RETAIL CO LTD | 800 | KRW | 91.794,53 | 111.388,41 | 0,03% |
| CELLTRION HEALTHCARE CO LTD. | 11.166 | KRW | 622.065,94 | 564.299,88 | 0,15% |
| CJ CHEILJEDANG CORP. | 800 | KRW | 224.686,59 | 223.366,18 | 0,06% |
| CJ CORP. | 1.400 | KRW | 89.139,68 | 80.137,77 | 0,02% |
| CJ LOGISTICS | 900 | KRW | 88.757,21 | 75.584,99 | 0,02% |
| COWAY CO LTD | 7.900 | KRW | 445.671,29 | 371.891,43 | 0,10% |
| DOOSAN BOBCAT INC. | 4.900 | KRW | 158.015,57 | 104.323,50 | 0,03% |
| GS ENGINEERING & CONSTRUCTION CORP. | 6.300 | KRW | 193.427,52 | 146.429,35 | 0,04% |
| HANA FINANCIAL GROUP INC. | 35.000 | KRW | 1.297.555,70 | 1.014.614,35 | 0,26% |
| HANWHA SOLUTIONS CORP. | 18.000 | KRW | 478.058,96 | 502.573,90 | 0,13% |
| HMM CO. LTD | 30.000 | KRW | 729.102,72 | 543.681,53 | 0,14% |
| HYUNDAI ENGINEERING & CONSTRUCTION | 7.600 | KRW | 289.542,72 | 231.514,04 | 0,06% |
| HYUNDAI GLOVIS CO LTD | 2.400 | KRW | 323.321,17 | 317.368,57 | 0,08% |
| KAKAO CORP. | 36.000 | KRW | 3.078.492,89 | 1.853.821,42 | 0,48% |
| KB FINANCIAL GROUP INC. | 47.000 | KRW | 2.034.796,84 | 1.667.179,53 | 0,43% |
| KOREAN AIR | 17.000 | KRW | 375.465,09 | 315.600,50 | 0,08% |
| KOREA ZINC CO LTD | 900 | KRW | 401.062,67 | 323.225,30 | 0,08% |
| LG CHEM LTD | 6.500 | KRW | 3.148.774,32 | 2.470.877,86 | 0,64% |
| LG CHEM LTD ISSUE 01 | 1.500 | KRW | 337.079,94 | 265.763,03 | 0,07% |
| LG CORP. | 11.500 | KRW | 687.431,28 | 659.968,97 | 0,17% |
| LG DISPLAY CO LTD | 22.800 | KRW | 384.727,04 | 244.391,48 | 0,06% |
| LG ELECTRONICS INC. | 11.000 | KRW | 1.041.767,61 | 715.552,67 | 0,19% |
| LG HOUSEHOLD & HEALTHCARE LTD | 1.000 | KRW | 444.813,05 | 240.531,19 | 0,06% |
| LG HOUSEHOLD & HEALTHCARE LTD | 1.800 | KRW | 1.411.972,51 | 901.715,71 | 0,23% |
| LOTTE CHEMICAL CORP. | 3.000 | KRW | 500.556,66 | 397.815,76 | 0,10% |
| NAVER CORP. | 15.000 | KRW | 4.146.050,88 | 2.652.105,04 | 0,69% |
| NCSOFT CORP. | 2.000 | KRW | 681.544,41 | 514.950,39 | 0,13% |
| NETMARBLE CORP. | 2.200 | KRW | 137.582,10 | 111.668,36 | 0,03% |
| POSCO CHEMICAL CO LTD | 4.000 | KRW | 439.473,77 | 315.305,82 | 0,08% |
| S1 CORP. | 3.000 | KRW | 161.773,18 | 141.887,62 | 0,04% |
| SAMSUNG ENGINEERING CO LTD | 15.300 | KRW | 263.909,25 | 242.899,67 | 0,06% |
| SAMSUNG LIFE INSURANCE CO LTD | 10.000 | KRW | 510.034,88 | 461.171,60 | 0,12% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| SAMSUNG SDI CO LTD | 6.300 | KRW | 3.160.418,47 | 2.469.109,79 | 0,64% |
| SAMSUNG SDS CO LTD | 6.000 | KRW | 652.001,45 | 574.622,76 | 0,15% |
| SAMSUNG SECURITIES CO LTD | 8.000 | KRW | 237.566,90 | 197.139,81 | 0,05% |
| SHINHAN FINANCIAL GROUP CO LTD | 55.000 | KRW | 1.583.605,54 | 1.501.201,96 | 0,39% |
| SK BIOPHARMACEUTICALS CO. | 5.000 | KRW | 351.615,42 | 275.892,59 | 0,07% |
| SKC CO LTD -REG- | 4.000 | KRW | 532.360,74 | 391.922,19 | 0,10% |
| SK CHEMICALS CO.,LTD. | 1.200 | KRW | 115.937,45 | 81.419,62 | 0,02% |
| SK ENERGY CO LTD | 7.000 | KRW | 1.122.824,52 | 990.119,21 | 0,26% |
| SK HLDG CO LTD | 5.500 | KRW | 987.377,25 | 871.142,84 | 0,23% |
| SK IE TECH | 2.500 | KRW | 235.919,22 | 180.674,66 | 0,05% |
| SK TELECOM CO LTD | 2.600 | KRW | 108.803,51 | 99.601,28 | 0,03% |
| WOORI FINANCIAL GROUP INC. | 60.000 | KRW | 669.561,21 | 534.841,18 | 0,14% |
| YUHAN CORP. | 5.040 | KRW | 223.186,68 | 207.925,04 | 0,05% |
| Total WON SUD CORÉEN |  |  | 36.497.165,72 | 28.151.113,40 | 7,32% |
| KUWAIT FINANCE HOUSE (K.S.C.) | 660.000 | KWD | 1.483.127,15 | 1.791.678,35 | 0,47% |
| Total DINAR KOWEITIEN |  |  | 1.483.127,15 | 1.791.678,35 | 0,47% |
| ARCA CONTINENTAL A.G.S.A.B. DE CV | 60.000 | MXN | 328.395,92 | 376.906,76 | 0,10% |
| CEMEX SAB DE CV - CPO | 2.600.000 | MXN | 1.276.309,17 | 965.165,76 | 0,25% |
| COCA-COLA FEMSA S.A.B. DE CV | 70.000 | MXN | 335.910,81 | 369.501,37 | 0,10% |
| FOMENTO ECONOMICO MEXICANO | 230.000 | MXN | 1.513.611,00 | 1.480.356,99 | 0,38% |
| GRUMA S.A.B. DE CV -B- | 30.000 | MXN | 316.729,62 | 316.530,56 | 0,08% |
| GRUPO AEROPORTUARIO DEL SURESTE S.A.B. DE CV | 20.000 | MXN | 409.317,34 | 374.754,36 | 0,10% |
| GRUPO BIMBO S.A.B. DE CV | 200.000 | MXN | 490.845,09 | 619.833,83 | 0,16% |
| GRUPO FINANCIERO BANORTE S.A.B. DE CV | 300.000 | MXN | 1.667.867,14 | 1.595.382,30 | 0,41% |
| GRUPO TELEVISA S.A.B. DE CV | 280.000 | MXN | 527.363,13 | 438.197,96 | 0,11% |
| INDUSTRIAS PENOLES S.A.B. DE CV | 25.000 | MXN | 258.138,89 | 220.691,94 | 0,06% |
| KIMBERLY-CLARK DE MEXICO S.A.B. DE CV | 673.600 | MXN | 898.227,34 | 869.593,96 | 0,23% |
| Total NOUVEAU PESO MEXICAIN |  |  | 8.022.715,45 | 7.626.915,79 | 1,98% |
| AMMB HLDG BERHAD | 180.000 | MYR | 121.059,74 | 145.707,87 | 0,04% |
| AXIATA GROUP | 410.000 | MYR | 326.608,42 | 251.809,41 | 0,07% |
| CIMB GROUP HLDG BERHAD | 767.552 | MYR | 852.852,42 | 826.211,34 | 0,21% |
| DIGI.COM BERHAD | 500.000 | MYR | 422.949,29 | 379.786,67 | 0,10% |
| HAP SENG CONSOLIDATED | 100.000 | MYR | 162.748,45 | 154.735,94 | 0,04% |
| HARTALEGA HLDG BERHAD | 200.000 | MYR | 204.182,39 | 132.816,82 | 0,03% |
| IHH HEALTHCARE BERHAD | 171.800 | MYR | 235.924,69 | 240.483,09 | 0,06% |
| KUALA LUMPUR KEPONG BERHAD | 60.000 | MYR | 338.569,09 | 285.686,38 | 0,07% |
| MALAYAN BANKING BERHAD MAYBANK | 553.623 | MYR | 972.808,89 | 1.032.069,53 | 0,27% |
| MALAYSIA AIRPORTS HLDG BERHAD | 105.500 | MYR | 127.404,24 | 151.111,69 | 0,04% |
| MAXIS BERHAD | 402.200 | MYR | 370.026,19 | 288.043,23 | 0,07% |
| MISC BERHAD | 150.000 | MYR | 247.962,19 | 231.127,32 | 0,06% |
| NESTLE (MALAYSIA) BERHAD | 30.500 | MYR | 855.527,60 | 877.697,84 | 0,23% |
| PETRONAS DAGANGAN BERHAD PDB | 29.200 | MYR | 122.439,57 | 133.837,69 | 0,03% |
| PETRONAS GAS BERHAD | 180.000 | MYR | 635.359,96 | 642.208,41 | 0,17% |
| PPB GROUP BERHAD | 96.000 | MYR | 345.156,30 | 330.427,42 | 0,09% |
| PRESS METAL ALUMINIUM HLDG BERHAD | 530.000 | MYR | 656.812,05 | 547.500,46 | 0,14% |
| PUBLIC BANK BERHAD | 1.650.000 | MYR | 1.445.601,46 | 1.564.829,58 | 0,41% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| QL RESOURCES BERHAD | 240.000 | MYR | 253.494,13 | 270.842,15 | 0,07% |
| RHB BANK BERHAD | 220.000 | MYR | 263.668,31 | 273.576,61 | 0,07% |
| SIME DARBY BERHAD (MALAYSIA) | 600.000 | MYR | 266.832,25 | 277.352,78 | 0,07% |
| TELEKOM MALAYSIA BERHAD | 120.000 | MYR | 135.525,38 | 136.723,20 | 0,04% |
| TOP GLOVE CORP. BERHAD | 500.000 | MYR | 213.942,57 | 112.850,90 | 0,03% |
| Total RINGGIT DE MALAISIE |  |  | 9.577.455,58 | 9.287.436,33 | 2,41% |
| GLOBE TELECOM INC. | 4.600 | PHP | 272.995,50 | 181.490,34 | 0,05% |
| GT CAPITAL HLDG INC. | 20.000 | PHP | 196.585,65 | 170.134,15 | 0,04% |
| JG SUMMIT HLDG INC. | 294.400 | PHP | 293.273,56 | 249.413,19 | 0,06% |
| MONDE NISSIN | 600.000 | PHP | 157.466,49 | 135.689,81 | 0,04% |
| SM INVESTMENTS CORP. | 40.200 | PHP | 671.783,66 | 546.871,70 | 0,14% |
| SM PRIME HLDG INC. | 1.200.000 | PHP | 758.958,62 | 762.994,26 | 0,20% |
| UNIVERSAL ROBINA CORP. | 156.300 | PHP | 348.846,33 | 301.810,68 | 0,08% |
| Total PESO PHILIPPIN |  |  | 2.699.909,81 | 2.348.404,13 | 0,61% |
| BANK PEKAO S.A. | 25.000 | PLN | 653.139,42 | 433.709,56 | 0,11% |
| CD PROJEKT S.A. | 10.000 | PLN | 391.149,91 | 203.567,97 | 0,05% |
| KGHM POLSKA MIEDZ S.A. | 24.000 | PLN | 804.301,85 | 607.129,56 | 0,16% |
| PKO BANK POLSKI S.A. | 100.000 | PLN | 930.365,79 | 595.725,67 | 0,15% |
| POLISH OIL & GAS CO | 200.000 | PLN | 261.045,01 | 243.056,07 | 0,06% |
| POLSKI KONCERN NAFTOWY ORLEN S.A. | 40.000 | PLN | 657.667,46 | 583.130,33 | 0,15% |
| POWSZECHNY ZAKLAD UBEZPIECZEN S.A. | 75.000 | PLN | 598.512,24 | 478.388,99 | 0,12% |
| SANTANDER BANK POLSKA S.A. | 5.700 | PLN | 440.177,30 | 282.565,45 | 0,07% |
| Total ZLOTY POLONAIS |  |  | 4.736.358,98 | 3.427.273,60 | 0,89% |
| COMMERCIAL BANK OF QATAR | 441.200 | QAR | 710.976,61 | 793.216,72 | 0,21% |
| QATAR FUEL Q.S.C. | 87.700 | QAR | 384.112,90 | 411.169,33 | 0,11% |
| QATAR GAS TRANSPORT CO LTD | 400.000 | QAR | 381.088,25 | 393.034,43 | 0,10% |
| QATAR NATIONAL BANK | 540.000 | QAR | 2.768.780,80 | 2.833.819,24 | 0,74% |
| Total RIYAL DU QATAR |  |  | 4.244.958,56 | 4.431.239,72 | 1,15% |
| MOSCOW EXCHANGE MICEX | 144.800 | RUB | 277.816,58 | 0,03 | 0,00% |
| NOVOLIPETSK STEEL | 182.900 | RUB | 456.851,65 | 0,03 | 0,00% |
| Total ROUBLE RUSSE |  |  | 734.668,23 | 0,06 | 0,00% |
| BANK ALBILAD | 74.666 | SAR | 776.048,51 | 832.762,93 | 0,22% |
| DR. SULAIMAN AL-HABIB MEDICAL SV | 13.000 | SAR | 553.796,80 | 642.269,89 | 0,17% |
| Total RIYAL SAOUDIEN |  |  | 1.329.845,31 | 1.475.032,82 | 0,38% |
| ADVANCED INFO SERVICE -FOREIGN- | 150.000 | THB | 849.965,23 | 789.382,90 | 0,21% |
| AIRPORTS OF THAILAND PUBLIC CO LTD | 450.000 | THB | 756.310,18 | 864.465,59 | 0,22% |
| ASSET WORLD CORP. PCL -FOREIGN- | 782.700 | THB | 90.310,67 | 103.345,60 | 0,03% |
| B.GRIMM POWER PUBLIC CO FOREIG | 180.000 | THB | 173.728,91 | 170.458,00 | 0,04% |
| BANGKOK DUSIT MEDICAL SERVICES -FOREIGN- | 1.120.000 | THB | 689.292,85 | 757.591,13 | 0,20% |
| BERLI JUCKER PUBLIC CO LTD FORGN | 117.600 | THB | 102.539,22 | 103.411,19 | 0,03% |
| BTS GROUP HLDG PUBLIC CO -FOREIGN- | 1.000.000 | THB | 247.444,34 | 231.335,86 | 0,06% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| BUMRUNGRAD HOSPITAL (F) | 46.600 | THB | 174.137,31 | 225.691,81 | 0,06% |
| C.P. ALL PUBLIC CO LTD FOREIGN -R- | 650.000 | THB | 1.066.848,29 | 1.055.216,22 | 0,27% |
| CENTRAL PATTANA PUBLIC CO LTD -FOREIGN | 197.600 | THB | 288.883,59 | 326.132,16 | 0,08% |
| CHAROEN POKPHAND FOODS -FOREIGN- | 500.000 | THB | 322.142,46 | 351.738,74 | 0,09% |
| ENERGY ABSOLUTE PUBLIC LTD -FOREIGN- | 250.000 | THB | 562.390,17 | 551.282,83 | 0,14% |
| HOME PRODUCT CENTER PUBLIC-FOREIGN- | 900.000 | THB | 365.804,43 | 309.259,52 | 0,08% |
| INDORAMA VENTURES PUBLIC CO LTD -FOREIGN- | 532.100 | THB | 561.629,88 | 676.656,05 | 0,18% |
| INTOUCH HLDG PUBLIC CO LTD -FOREIGN- | 179.300 | THB | 346.763,49 | 332.313,29 | 0,09% |
| KRUNGTHAI CARD PUBLIC COMP FOREIGN | 140.000 | THB | 227.835,84 | 215.913,47 | 0,06% |
| MINOR INTERNATIONAL PUBLIC -FOREIGN- | 300.000 | THB | 255.786,07 | 275.979,63 | 0,07% |
| OSOTSPA PUBLIC CO LTD | 250.000 | THB | 222.735,49 | 231.674,07 | 0,06% |
| PTT EXPLORATION PROD PUB -FOREIGN- | 170.000 | THB | 684.680,39 | 733.645,84 | 0,19% |
| PTT GLOBAL CHEMICAL PUBLIC PLC -FOREIGN- | 477.000 | THB | 731.754,32 | 587.227,83 | 0,15% |
| PTT OIL & RETAIL BUSINESS FOREIGN | 350.000 | THB | 264.227,48 | 288.831,62 | 0,08% |
| SCG PACKAGING PUBLIC - FOREIGN | 130.000 | THB | 200.704,06 | 195.215,00 | 0,05% |
| SIAM CEMENT PUBLIC CO LTD FOREIGN | 130.000 | THB | 1.296.795,17 | 1.315.502,88 | 0,34% |
| SIAM COMMERCIAL BANK -F- FOREIGN -REG- | 130.000 | THB | 425.049,24 | 249.734,50 | 0,06% |
| THAI UNION GROUP PCL -FOREIGN- | 280.100 | THB | 149.107,75 | 129.594,35 | 0,03% |
| TRUE CORP. PCL -FOREIGN | 1.142.700 | THB | 137.242,55 | 142.222,04 | 0,04% |
| Total BAHT THAÏLANDAIS |  |  | 11.194.109,38 | 11.213.822,12 | 2,91% |
| KOC HLDG AS | 125.000 | TRY | 276.101,19 | 262.097,29 | 0,07% |
| TUPRAS TURKIYE PETROL RAFINELERI AS | 15.000 | TRY | 230.167,08 | 227.294,21 | 0,06% |
| TURK HAVA YOLLARI AO | 60.000 | TRY | 169.462,75 | 160.867,59 | 0,04% |
| TURKIYE IS BANKASI AS | 666.653 | TRY | 161.478,02 | 167.280,56 | 0,04% |
| TURK SISE CAM | 283.700 | TRY | 279.973,38 | 349.437,28 | 0,09% |
| Total LIVRE TURQUE |  |  | 1.117.182,42 | 1.166.976,93 | 0,30% |
| ACER INC. | 283.000 | TWD | 274.310,34 | 197.558,94 | 0,05% |
| AIRTAC INTERNATIONAL GROUP | 15.000 | TWD | 453.881,64 | 478.206,46 | 0,12% |
| AU OPTRONICS CORP. | 1.050.000 | TWD | 695.599,86 | 550.588,87 | 0,14% |
| CATHAY FINANCIAL HLDG LTD | 850.000 | TWD | 1.662.414,04 | 1.391.833,33 | 0,36% |
| CHAILEASE HLDG CO LTD | 150.000 | TWD | 1.235.152,80 | 1.006.115,51 | 0,26% |
| CHAILEASE HOLD DVSE | 150.000 | TWD | 0,00 | 50.305,78 | 0,01% |
| CHINA AIRLINES | 300.000 | TWD | 258.951,42 | 226.798,22 | 0,06% |
| CHINA STEEL CORP. | 1.700.000 | TWD | 1.922.935,69 | 1.555.900,13 | 0,40% |
| CHUNGHWA TELECOM CO LTD | 450.000 | TWD | 1.673.341,14 | 1.766.130,82 | 0,46% |
| CTBC FINANCIAL HLDG | 2.200.000 | TWD | 1.908.107,86 | 1.776.425,21 | 0,46% |
| DELTA ELECTRONICS INC. | 230.000 | TWD | 1.926.976,74 | 1.638.898,63 | 0,43% |
| E . SUN FINANCIAL | 1.450.000 | TWD | 1.383.134,77 | 1.352.746,83 | 0,35% |
| EVA AIRWAYS CORP. | 250.000 | TWD | 271.532,70 | 254.544,81 | 0,07% |
| EVERGREEN MARINE CORP. TAIWAN LTD | 300.000 | TWD | 1.355.155,04 | 816.473,59 | 0,21% |
| FAR EASTERN NEW CENTURY CORP. | 421.000 | TWD | 386.636,54 | 430.684,99 | 0,11% |
| FAR EASTONE TELECOMMUNICATION | 200.000 | TWD | 406.129,01 | 537.881,74 | 0,14% |
| FIRST FINANCIAL HLDG CO | 1.300.000 | TWD | 1.065.270,07 | 1.095.708,85 | 0,28% |
| FUBON FINANCIAL HLDG CO LTD | 860.000 | TWD | 2.074.088,22 | 1.654.436,72 | 0,43% |
| HOTAI MOTOR CO LTD | 38.000 | TWD | 737.221,92 | 740.809,85 | 0,19% |
| HUA NAN FINANCIAL HLDG CO LTD | 1.000.000 | TWD | 684.958,91 | 727.041,10 | 0,19% |
| MEDIA TEK INCORPORATION | 175.000 | TWD | 5.687.328,03 | 3.664.962,73 | 0,95% |
| MEGA FINANCIAL HLDG CO | 1.300.000 | TWD | 1.553.105,84 | 1.476.279,48 | 0,38% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| MOMO.COM INC. | 6.000 | TWD | 159.575,23 | 123.146,61 | 0,03% |
| MOMO COM INC BONU | 6.000 | TWD | 0,00 | 12.314,66 | 0,00% |
| MOMO COM INC DVSE | 6.000 | TWD | 0,00 | 12.314,66 | 0,00% |
| NAN YA PLASTICS CORP. | 740.000 | TWD | 2.008.810,17 | 1.975.878,96 | 0,51% |
| PRESIDENT CHAIN STORE CORP. | 70.000 | TWD | 612.517,46 | 613.641,99 | 0,16% |
| SINOPAC FINANCIAL HLDG CO LTD | 1.200.000 | TWD | 615.570,94 | 648.546,40 | 0,17% |
| TAISHIN FINANCIAL | 1.200.000 | TWD | 734.463,14 | 629.244,42 | 0,16% |
| TAIWAN CEMENT CORP. | 900.000 | TWD | 1.374.763,34 | 1.143.642,09 | 0,30% |
| TAIWAN COOPERATIVE FINANCIAL HLDG | 1.100.000 | TWD | 986.276,85 | 950.139,78 | 0,25% |
| TAIWAN HIGH SPEED RAIL CORP. | 196.000 | TWD | 178.797,05 | 176.864,01 | 0,05% |
| TAIWAN MOBILE CO LTD | 217.000 | TWD | 683.886,84 | 753.935,19 | 0,20% |
| TAIWAN SEMICONDUCTOR MANUFACTURING | 2.810.000 | TWD | 53.767.827,36 | 43.029.252,14 | 11,18% |
| THE SHANGHAI COMMERCIAL & SAVINGS | 390.000 | TWD | 595.687,77 | 666.207,71 | 0,17% |
| UNI-PRESIDENT ENTERPRISES CORP. | 550.000 | TWD | 1.183.432,86 | 1.185.463,04 | 0,31% |
| UNITED MICROELECTRONICS CORP. | 1.367.000 | TWD | 2.737.377,17 | 1.721.673,55 | 0,45% |
| VOLTRONIC POWER TECHNOLOGY CORP. | 7.000 | TWD | 329.979,92 | 325.399,15 | 0,08% |
| WALSIN LIHWA | 300.000 | TWD | 450.059,48 | 347.918,12 | 0,09% |
| WAN HAI LINES LTD | 60.000 | TWD | 366.604,44 | 229.693,52 | 0,06% |
| YANG MING MARINE TRANSPORT CORP. | 200.000 | TWD | 801.865,60 | 529.517,55 | 0,14% |
| Total DOLLAR TAIWANAIS |  |  | 95.203.728,20 | 78.465.126,14 | 20,39% |
| CREDICORP LTD | 8.000 | USD | 1.041.829,40 | 917.576,16 | 0,24% |
| GAZPROM OAO | 1.097.800 | USD | 4.427.575,40 | 10,50 | 0,00% |
| INFOSYS LTD -SPONSORED ADR- | 660.000 | USD | 13.273.129,47 | 11.685.494,28 | 3,04% |
| LI AUTO INC. -ADR- | 60.000 | USD | 1.604.890,47 | 2.198.670,43 | 0,57% |
| MAHINDRA & MAHINDRA LTD -GDR- | 200.000 | USD | 2.075.150,55 | 2.601.750,44 | 0,68% |
| MOBILE TELESYSTEMS -SPONSORED ADR - | 40.000 | USD | 285.477,48 | 0,38 | 0,00% |
| NOVATEK OAO -GDR- | 7.600 | USD | 1.569.832,75 | 0,08 | 0,00% |
| OIL CO LUKOIL OJSC | 31.400 | USD | 2.533.267,55 | 0,30 | 0,00% |
| PHOSAGRO PJSC | 49.382 | USD | 951.949,88 | 0,47 | 0,00% |
| STATE BANK OF INDIA -GDR- | 51.000 | USD | 3.042.278,07 | 2.839.160,17 | 0,74% |
| VIPSHOP HOLDING LTD ADR | 43.900 | USD | 389.512,45 | 415.295,81 | 0,11% |
| XPENG INC. -A -ADR- | 45.000 | USD | 1.763.759,69 | 1.366.205,94 | 0,36% |
| YUM CHINA HLDG INC. | 50.000 | USD | 2.263.020,87 | 2.319.575,30 | 0,60% |
| Total DOLLAR DES ETATS-UNIS |  |  | 35.221.674,03 | 24.343.740,26 | 6,33% |
| ABSA GROUP LTD | 100.000 | ZAR | 891.143,55 | 902.665,67 | 0,23% |
| ANGLO AMERICAN PLATINUM LTD | 7.500 | ZAR | 825.941,51 | 624.012,89 | 0,16% |
| ASPEN PHARMACARE HLDG PLC | 50.000 | ZAR | 604.481,35 | 405.907,61 | 0,11% |
| BID CORP. LTD | 38.000 | ZAR | 686.617,23 | 680.723,18 | 0,18% |
| BIDVEST GROUP LTD | 37.000 | ZAR | 415.497,28 | 452.782,59 | 0,12% |
| CAPITEC BANK HLDG LTD | 10.000 | ZAR | 1.133.307,99 | 1.157.309,64 | 0,30% |
| CLICKS GROUP LTD | 35.100 | ZAR | 580.274,87 | 560.118,70 | 0,15% |
| DISCOVERY HLDG LTD | 60.000 | ZAR | 520.072,62 | 448.763,80 | 0,12% |
| FIRSTRAND LTD | 600.000 | ZAR | 2.163.839,24 | 2.184.964,72 | 0,57% |
| GOLD FIELDS LTD | 120.000 | ZAR | 1.273.484,64 | 1.071.988,46 | 0,28% |
| GROWTHPOINT PROPERTIES LTD | 335.700 | ZAR | 267.867,45 | 242.067,08 | 0,06% |
| IMPALA PLATINIUM HLDG LTD | 113.000 | ZAR | 1.444.417,45 | 1.195.116,50 | 0,31% |
| KUMBA IRON ORE LTD | 9.000 | ZAR | 264.602,24 | 276.220,95 | 0,07% |
| MR. PRICE GROUP LTD | 25.000 | ZAR | 310.485,49 | 258.903,31 | 0,07% |

|  |
| --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| MULTICHOICE GROUP LTD | 51.800 | ZAR | 369.551,77 | 350.262,19 | 0,09% |
| NASPERS -N- | 25.000 | ZAR | 3.308.073,45 | 3.456.111,82 | 0,90% |
| NEDBANK GROUP | 55.000 | ZAR | 559.936,59 | 665.572,88 | 0,17% |
| NORTHAM PLATINUM HLDG LTD | 50.000 | ZAR | 631.076,42 | 500.056,93 | 0,13% |
| OLD MUTUAL LTD | 600.000 | ZAR | 432.155,59 | 386.406,30 | 0,10% |
| REMGRO LTD | 76.900 | ZAR | 547.482,50 | 583.292,45 | 0,15% |
| SANLAM LTD | 240.000 | ZAR | 832.448,93 | 740.863,14 | 0,19% |
| SASOL LTD | 63.000 | ZAR | 1.565.337,08 | 1.367.184,66 | 0,36% |
| SHOPRITE HLDG LTD | 60.000 | ZAR | 737.670,84 | 693.219,21 | 0,18% |
| SPAR GROUP LTD | 18.800 | ZAR | 178.428,32 | 151.611,40 | 0,04% |
| STANDARD BANK GROUP | 150.000 | ZAR | 1.189.146,44 | 1.358.990,60 | 0,35% |
| VODACOM GROUP LTD | 131.000 | ZAR | 1.040.392,39 | 1.002.976,58 | 0,26% |
| Total RAND SUD-AFRICAIN |  |  | 22.773.733,23 | 21.718.093,26 | 5,64% |
| Total Actions Cotées ou Négociées |  |  | 429.913.851,92 | 378.577.606,76 | 98,40% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 429.913.851,92 | 378.577.606,76 | 98,40% |
| Autres valeurs mobilières |  |  |  |  |  |
| MICROPORT SCIENTIFIC | 23 | HKD | 0,00 | 0,00 | 0,00% |
| Total DOLLAR DE HONG-KONG |  |  | 0,00 | 0,00 | 0,00% |
| PHOSAGRO PJSC | 318 | RUB | 0,00 | 0,00 | 0,00% |
| POLYUS GOLD OJSC | 3.300 | RUB | 543.006,99 | 0,00 | 0,00% |
| Total ROUBLE RUSSE |  |  | 543.006,99 | 0,00 | 0,00% |
| Total Autres valeurs mobilières |  |  | 543.006,99 | 0,00 | 0,00% |
| Total du Portefeuille-Titres |  |  | 430.456.858,91 | 378.577.606,76 | 98,40% |

|  |
| --- |
| DPAM L BONDS EUR SHORT TERM |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  |  |  |  |
| Obligations |  |  |  |  |  |
| ACCOR 1,25 17-250124 | 400.000 | EUR | 401.130,00 | 387.928,00 | 1,32% |
| AKELIUS RESIDENTIAL PROPERTY 1,125 17-141124 | 200.000 | EUR | 198.530,00 | 195.207,00 | 0,66% |
| ASTM S.P.A 3,375 14-130224 | 800.000 | EUR | 820.808,00 | 798.032,00 | 2,72% |
| AVANTOR FUNDING 2,625 20-011125 | 200.000 | EUR | 195.103,00 | 186.778,00 | 0,64% |
| AZIMUT HLDG 1,625 19-280322 | 900.000 | EUR | 890.937,00 | 872.856,00 | 2,97% |
| BECTON DICKINSON 0,632 19-040623 | 200.000 | EUR | 198.784,00 | 198.400,00 | 0,68% |
| CARLSBERG 2,50 14-24 | 200.000 | EUR | 204.234,00 | 201.739,00 | 0,69% |
| CASTELLUM AB 2,125 18-201123 | 500.000 | EUR | 503.885,00 | 485.972,50 | 1,66% |
| CEPSA 1,00 19-25 | 300.000 | EUR | 293.773,50 | 289.947,00 | 0,99% |
| CIE FINANCE ET INDUSTRIES 0,375 16-070225 | 200.000 | EUR | 194.900,00 | 190.967,00 | 0,65% |
| CITYCON TREASURY 2,50 14-011024 | 500.000 | EUR | 496.835,00 | 476.757,50 | 1,62% |
| CREDIT AGRICOLE S.A. 0,375 19-211025 | 400.000 | EUR | 380.878,00 | 372.306,00 | 1,27% |
| DEUT TEL 0,625 17-24 | 500.000 | EUR | 493.195,00 | 486.057,50 | 1,66% |
| EDENRED 1,375 15-25 | 500.000 | EUR | 497.200,00 | 487.332,50 | 1,66% |
| EUROFINS SCIENTIFIC 2,125 17-250724 | 500.000 | EUR | 507.245,00 | 497.355,00 | 1,69% |
| FCC MEDIO AMBIENTE 0,815 19-041223 | 600.000 | EUR | 599.241,00 | 593.073,00 | 2,02% |
| FORD MOTOR CREDIT 3,021 19-060324 | 500.000 | EUR | 497.045,00 | 480.822,50 | 1,64% |
| GOLDMAN SACHS GROUP FRN 21-300424 | 600.000 | EUR | 594.558,00 | 590.298,00 | 2,01% |
| HEIMSTAD 2,125 19-23 | 800.000 | EUR | 809.968,00 | 786.092,00 | 2,68% |
| INGENICO GROUPGROUP S.A. 1,625 17-130924 | 400.000 | EUR | 397.792,00 | 391.924,00 | 1,34% |
| ING GROUP N.V. FRN 19-030925 | 600.000 | EUR | 578.115,00 | 566.316,00 | 1,93% |
| INTERCON 1,625 20-24 | 300.000 | EUR | 298.692,00 | 287.443,50 | 0,98% |
| LEASEPLAN CORP. 1,375 19-070324 | 400.000 | EUR | 399.896,00 | 393.284,00 | 1,34% |
| LEG IMMOBILIEN A.G. 1,25 17-230124 | 600.000 | EUR | 596.736,00 | 584.544,00 | 1,99% |
| LLOYDS BANK GROUP 1,00 16-091123 | 200.000 | EUR | 196.396,00 | 196.779,00 | 0,67% |
| LLOYDS BANK GROUP FRN 19-121125 | 600.000 | EUR | 581.841,00 | 569.280,00 | 1,94% |
| LOGICOR 0,75 19-24 | 500.000 | EUR | 487.192,50 | 474.955,00 | 1,62% |
| MEDIOBANCA DI CREDIT 1,60 19-250124 | 600.000 | EUR | 608.307,00 | 600.729,00 | 2,05% |
| MICHELIN 0,875 18-030925 | 500.000 | EUR | 490.005,00 | 481.017,50 | 1,64% |
| NE PROPERTY COOP 1,75 17-231124 | 800.000 | EUR | 778.360,00 | 745.212,00 | 2,54% |
| NEXI SpA 1,75 19-311024 | 500.000 | EUR | 490.272,50 | 463.357,50 | 1,58% |
| NIBC 2,00 19-24 | 1.000.000 | EUR | 1.009.325,00 | 992.275,00 | 3,38% |
| NISSAN MOTOR 1,94 20-150923 | 800.000 | EUR | 805.704,00 | 796.224,00 | 2,71% |
| ORANGE 1,00 18-25 | 500.000 | EUR | 491.535,00 | 481.460,00 | 1,64% |
| PEUGEOT 2,00 17-230324 | 500.000 | EUR | 505.122,50 | 496.732,50 | 1,69% |
| POSCO 0,50 20-24 | 700.000 | EUR | 691.502,00 | 686.402,50 | 2,34% |
| PPF TELECOM 3,50 20-200524 | 500.000 | EUR | 503.542,50 | 492.737,50 | 1,68% |
| PRAXAIR INC. 1,20 16-120224 | 200.000 | EUR | 198.600,00 | 198.693,00 | 0,68% |
| RCI BANQUE S.A. 1,00 16-170523 | 500.000 | EUR | 499.380,00 | 495.237,50 | 1,69% |
| SAP SE 0,75 18-24 | 200.000 | EUR | 193.982,00 | 195.959,00 | 0,67% |
| SPIE S.A. 3,125 17-220324 | 500.000 | EUR | 505.487,50 | 495.897,50 | 1,69% |
| STE FONCIERE LYONNAIS 1,5 18-290525 | 400.000 | EUR | 392.372,00 | 384.170,00 | 1,31% |
| SUEZ S.A. 1,00 17-030425 | 500.000 | EUR | 492.612,00 | 484.665,00 | 1,65% |
| TIM SpA 4,00 19-110424 | 400.000 | EUR | 401.582,00 | 394.790,00 | 1,34% |
| UNIONE DI BANCHE ITAL 2,625 19-200624 | 600.000 | EUR | 611.355,00 | 597.666,00 | 2,04% |
| VINCI S.A. 1,00 18-260925 | 500.000 | EUR | 493.860,00 | 480.472,50 | 1,64% |

|  |
| --- |
| DPAM L BONDS EUR SHORT TERM |
|  |
| Dénomination | Nominal / Quantité | Devise | Valeur d’acquisition (en EUR) | Valeur d’évaluation (en EUR) | % de l'actif net |
|  |
| VIRGIN FRN 20-25 | 600.000 | EUR | 607.560,00 | 594.672,00 | 2,03% |
| VOLKSWAGEN LEASING 2,625 14-150124 | 300.000 | EUR | 307.210,50 | 302.458,50 | 1,03% |
| VONOVIA FINANCE B.V. 1,25 16-061224 | 400.000 | EUR | 396.540,00 | 384.026,00 | 1,31% |
| Total EURO |  |  | 23.789.126,50 | 23.287.300,50 | 79,33% |
| Total Obligations |  |  | 23.789.126,50 | 23.287.300,50 | 79,33% |
| Total Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou négociées sur un autre marché réglementé |  |  | 23.789.126,50 | 23.287.300,50 | 79,33% |
| Total du Portefeuille-Titres |  |  | 23.789.126,50 | 23.287.300,50 | 79,33% |

(Content)
| DPAM L BONDS EUR QUALITY SUSTAINABLE | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| PAYS-BAS | 19,66 % |
| FRANCE | 16,13 % |
| ÉTATS-UNIS | 13,86 % |
| ITALIE | 8,90 % |
| LUXEMBOURG | 6,51 % |
| ALLEMAGNE | 6,06 % |
| ROYAUME-UNI | 5,22 % |
| BELGIQUE | 4,04 % |
| ESPAGNE | 3,80 % |
| IRLANDE | 3,17 % |
| SUÈDE | 2,01 % |
| JAPON | 1,30 % |
| MEXIQUE | 1,04 % |
| AUTRICHE | 0,84 % |
| PORTUGAL | 0,81 % |
| DANEMARK | 0,66 % |
| SUISSE | 0,63 % |
| FINLANDE | 0,60 % |
| ILES CAYMAN | 0,51 % |
| CANADA | 0,45 % |
| NORVÈGE | 0,42 % |
| HONG KONG | 0,41 % |
| AUSTRALIE | 0,35 % |
| GUERNESEY | 0,28 % |
| RÉPUBLIQUE TCHÈQUE | 0,18 % |
| LIECHTENSTEIN | 0,15 % |
| Total du Portefeuille-Titres | 97,99 % |

|  |  |
| --- | --- |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | %  DE L ' ACTIF NET |
|  |
| ÉTATS-UNIS | 23,12 % |
| MEXIQUE | 9,00 % |
| ITALIE | 8,01 % |
| PAYS-BAS | 6,77 % |
| ESPAGNE | 6,12 % |
| JAPON | 4,58 % |
| NOUVELLE-ZÉLANDE | 3,93 % |
| FRANCE | 3,79 % |
| ALLEMAGNE | 3,34 % |
| CHINE | 3,29 % |
| AUSTRALIE | 2,97 % |
| RÉPUBLIQUE TCHÈQUE | 2,93 % |
| ROUMANIE | 2,90 % |
| ROYAUME-UNI | 2,17 % |
| INDONÉSIE | 1,88 % |
| AFRIQUE DU SUD | 1,86 % |
| SERBIE | 1,63 % |
| LUXEMBOURG | 1,45 % |
| PORTUGAL | 1,44 % |
| SUÈDE | 1,29 % |
| PHILIPPINES | 1,19 % |
| POLOGNE | 1,13 % |
| BELGIQUE | 0,99 % |
| CHILI | 0,87 % |
| SUISSE | 0,74 % |
| SINGAPOUR | 0,30 % |
| MAROC | 0,20 % |
| IRLANDE | 0,09 % |
| Total du Portefeuille-Titres | 97,98 % |

(Content)
| DPAM L BONDS HIGHER YIELD | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| FRANCE | 19,83 % |
| ÉTATS-UNIS | 9,07 % |
| PAYS-BAS | 8,63 % |
| LUXEMBOURG | 8,22 % |
| MEXIQUE | 5,94 % |
| BRÉSIL | 5,10 % |
| ROYAUME-UNI | 4,98 % |
| ALLEMAGNE | 4,71 % |
| AFRIQUE DU SUD | 3,98 % |
| FINLANDE | 3,60 % |
| SUÈDE | 3,50 % |
| INDONÉSIE | 3,28 % |
| POLOGNE | 2,37 % |
| ITALIE | 2,25 % |
| ILES CAYMAN | 2,10 % |
| BELGIQUE | 1,82 % |
| ESPAGNE | 1,37 % |
| SUISSE | 0,98 % |
| CHILI | 0,81 % |
| Total du Portefeuille-Titres | 92,54 % |

|  |  |
| --- | --- |
| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED | %  DE L ' ACTIF NET |
|  |
| ALLEMAGNE | 13,25 % |
| CANADA | 9,10 % |
| NOUVELLE-ZÉLANDE | 8,17 % |
| SUISSE | 8,05 % |
| FRANCE | 7,73 % |
| LUXEMBOURG | 7,42 % |
| IRLANDE | 5,57 % |
| SLOVÉNIE | 5,55 % |
| DANEMARK | 5,18 % |
| BELGIQUE | 5,16 % |
| JAPON | 4,69 % |
| ROYAUME-UNI | 4,60 % |
| AUSTRALIE | 4,35 % |
| AUTRICHE | 4,10 % |
| SUÈDE | 3,84 % |
| FINLANDE | 2,84 % |
| NORVÈGE | 1,82 % |
| PAYS-BAS | 0,90 % |
| ORGANISATION EUROPÉENNES | 0,21 % |
| Total du Portefeuille-Titres | 102,53 % |

(Content)
| DPAM L EQUITIES CONVICTION RESEARCH | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| FRANCE | 22,80 % |
| ROYAUME-UNI | 15,94 % |
| ESPAGNE | 11,85 % |
| SUISSE | 10,00 % |
| SUÈDE | 6,63 % |
| PAYS-BAS | 6,58 % |
| ALLEMAGNE | 6,44 % |
| NORVÈGE | 6,12 % |
| BELGIQUE | 5,06 % |
| IRLANDE | 3,34 % |
| DANEMARK | 2,12 % |
| ITALIE | 1,99 % |
| Total du Portefeuille-Titres | 98,87 % |

|  |  |
| --- | --- |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM | %  DE L ' ACTIF NET |
|  |
| FRANCE | 38,88 % |
| ÉTATS-UNIS | 11,11 % |
| ITALIE | 6,78 % |
| PAYS-BAS | 5,53 % |
| ALLEMAGNE | 5,43 % |
| JAPON | 4,26 % |
| ROYAUME-UNI | 4,02 % |
| SUÈDE | 3,87 % |
| FINLANDE | 3,17 % |
| IRLANDE | 2,25 % |
| LUXEMBOURG | 2,12 % |
| DANEMARK | 2,04 % |
| JERSEY | 1,84 % |
| ESPAGNE | 1,17 % |
| AUTRICHE | 0,93 % |
| NORVÈGE | 0,44 % |
| Total du Portefeuille-Titres | 93,84 % |

(Content)
| DPAM L PATRIMONIAL FUND | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| ÉTATS-UNIS | 23,65 % |
| FRANCE | 8,31 % |
| LUXEMBOURG | 7,32 % |
| ALLEMAGNE | 6,03 % |
| JERSEY | 4,70 % |
| ESPAGNE | 3,76 % |
| ITALIE | 3,38 % |
| PAYS-BAS | 3,31 % |
| CANADA | 3,09 % |
| BELGIQUE | 3,07 % |
| SUÈDE | 2,72 % |
| JAPON | 2,54 % |
| PANAMA | 2,22 % |
| AUSTRALIE | 2,21 % |
| ROYAUME-UNI | 1,95 % |
| MEXIQUE | 1,52 % |
| SUISSE | 1,49 % |
| INDONÉSIE | 1,35 % |
| PORTUGAL | 1,27 % |
| PÉROU | 1,08 % |
| NORVÈGE | 0,78 % |
| ROUMANIE | 0,73 % |
| IRLANDE | 0,70 % |
| HONG KONG | 0,56 % |
| CHINE | 0,47 % |
| TAIWAN | 0,45 % |
| ILES CAYMAN | 0,45 % |
| NOUVELLE-ZÉLANDE | 0,43 % |
| Total du Portefeuille-Titres | 89,54 % |

|  |  |
| --- | --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | %  DE L ' ACTIF NET |
|  |
| AFRIQUE DU SUD | 8,62 % |
| MALAISIE | 7,92 % |
| BRÉSIL | 7,79 % |
| INDONÉSIE | 6,78 % |
| POLOGNE | 6,59 % |
| MEXIQUE | 6,33 % |
| SINGAPOUR | 5,58 % |
| COLOMBIE | 5,33 % |
| RÉPUBLIQUE TCHÈQUE | 4,45 % |
| URUGUAY | 3,51 % |
| PÉROU | 3,16 % |
| CHILI | 2,77 % |
| INDE | 2,31 % |
| CORÉE DU SUD | 2,30 % |
| ROUMANIE | 2,23 % |
| ÉTATS-UNIS | 1,90 % |
| SERBIE | 1,76 % |
| CÔTE D’IVOIRE | 1,71 % |
| PHILIPPINES | 1,64 % |
| NIGERIA | 1,33 % |
| ROYAUME-UNI | 1,24 % |
| SÉNÉGAL | 1,09 % |
| HONGRIE | 1,02 % |
| BAHAMAS | 0,82 % |
| KENYA | 0,79 % |
| COSTA RICA | 0,77 % |
| ILES CAYMAN | 0,69 % |
| ÉQUATEUR | 0,57 % |
| ZAMBIE | 0,50 % |
| MACÉDOINE | 0,45 % |
| GHANA | 0,45 % |
| UKRAINE | 0,42 % |
| TUNISIE | 0,36 % |
| OUGANDA | 0,29 % |
| LUXEMBOURG | 0,22 % |
| PAPOUASIE-NOUVELLE-GUINÉE | 0,20 % |
| ARGENTINE | 0,19 % |
| GÉORGIE | 0,19 % |
| THAÏLANDE | 0,18 % |
| NAMIBIE | 0,15 % |
| MOZAMBIQUE | 0,14 % |
| RÉPUBLIQUE DOMINICAINE | 0,14 % |
| ARMÉNIE | 0,13 % |
| SRI LANKA | 0,05 % |
| PAKISTAN | 0,03 % |
| LIBAN | 0,01 % |
| Total du Portefeuille-Titres | 95,10 % |

|  |  |
| --- | --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD | %  DE L ' ACTIF NET |
|  |
| FRANCE | 26,98 % |
| LUXEMBOURG | 11,25 % |
| PAYS-BAS | 11,23 % |
| ÉTATS-UNIS | 7,89 % |
| ROYAUME-UNI | 7,52 % |
| ALLEMAGNE | 7,20 % |
| SUÈDE | 3,43 % |
| ITALIE | 3,14 % |
| FINLANDE | 3,02 % |
| JERSEY | 1,44 % |
| ESPAGNE | 1,31 % |
| DANEMARK | 1,24 % |
| PORTUGAL | 1,20 % |
| JAPON | 0,87 % |
| BELGIQUE | 0,78 % |
| IRLANDE | 0,71 % |
| ILES CAYMAN | 0,70 % |
| NORVÈGE | 0,47 % |
| Total du Portefeuille-Titres | 90,38 % |

(Content)
| DPAM L GLOBAL TARGET INCOME | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| LUXEMBOURG | 53,57 % |
| BELGIQUE | 36,82 % |
| Total du Portefeuille-Titres | 90,39 % |

(Content)
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| FRANCE | 14,73 % |
| PAYS-BAS | 12,92 % |
| ÉTATS-UNIS | 11,51 % |
| ITALIE | 10,02 % |
| BELGIQUE | 9,52 % |
| ALLEMAGNE | 8,85 % |
| ESPAGNE | 7,67 % |
| IRLANDE | 3,81 % |
| PORTUGAL | 2,72 % |
| LUXEMBOURG | 2,44 % |
| ROYAUME-UNI | 2,20 % |
| AUSTRALIE | 1,77 % |
| SUISSE | 1,33 % |
| CANADA | 1,33 % |
| SUÈDE | 1,28 % |
| DANEMARK | 1,06 % |
| JAPON | 0,93 % |
| NORVÈGE | 0,91 % |
| NOUVELLE-ZÉLANDE | 0,69 % |
| FINLANDE | 0,21 % |
| Total du Portefeuille-Titres | 95,90 % |

|  |  |
| --- | --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE | %  DE L ' ACTIF NET |
|  |
| PAYS-BAS | 14,67 % |
| FRANCE | 12,86 % |
| ALLEMAGNE | 10,68 % |
| ITALIE | 8,25 % |
| BELGIQUE | 7,99 % |
| ESPAGNE | 6,78 % |
| LUXEMBOURG | 6,03 % |
| ÉTATS-UNIS | 5,79 % |
| FINLANDE | 3,25 % |
| ROYAUME-UNI | 3,22 % |
| SUÈDE | 2,40 % |
| IRLANDE | 1,50 % |
| AUTRICHE | 1,24 % |
| ILES CAYMAN | 1,13 % |
| NORVÈGE | 1,07 % |
| COLOMBIE | 0,99 % |
| RÉPUBLIQUE TCHÈQUE | 0,95 % |
| ISLANDE | 0,92 % |
| DANEMARK | 0,88 % |
| SERBIE | 0,84 % |
| MAROC | 0,82 % |
| SLOVAQUIE | 0,73 % |
| JERSEY | 0,67 % |
| PORTUGAL | 0,62 % |
| HONGRIE | 0,61 % |
| CHILI | 0,40 % |
| GUERNESEY | 0,31 % |
| SUISSE | 0,24 % |
| Total du Portefeuille-Titres | 95,84 % |

(Content)
| DPAM L BONDS GOVERNMENT SUSTAINABLE | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| ALLEMAGNE | 11,43 % |
| CANADA | 8,05 % |
| SUISSE | 7,64 % |
| NOUVELLE-ZÉLANDE | 7,26 % |
| SLOVÉNIE | 7,07 % |
| FRANCE | 6,71 % |
| BELGIQUE | 6,27 % |
| JAPON | 5,77 % |
| IRLANDE | 5,49 % |
| SUÈDE | 5,46 % |
| LUXEMBOURG | 5,43 % |
| AUSTRALIE | 5,33 % |
| DANEMARK | 4,59 % |
| ROYAUME-UNI | 4,45 % |
| AUTRICHE | 2,70 % |
| NORVÈGE | 1,78 % |
| FINLANDE | 1,67 % |
| PAYS-BAS | 0,81 % |
| ORGANISATION EUROPÉENNES | 0,66 % |
| Total du Portefeuille-Titres | 98,57 % |

|  |  |
| --- | --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE | %  DE L ' ACTIF NET |
|  |
| ÉTATS-UNIS | 41,39 % |
| PAYS-BAS | 12,14 % |
| FRANCE | 8,61 % |
| ITALIE | 5,40 % |
| HONG KONG | 4,55 % |
| ILES CAYMAN | 3,85 % |
| ISRAËL | 3,09 % |
| TAIWAN | 2,13 % |
| VIÊT NAM | 2,12 % |
| AUSTRALIE | 1,81 % |
| LUXEMBOURG | 1,52 % |
| DANEMARK | 1,18 % |
| ALLEMAGNE | 0,85 % |
| ESPAGNE | 0,65 % |
| BELGIQUE | 0,57 % |
| Total du Portefeuille-Titres | 89,86 % |

| EQUITIES EMERGING MARKETS ESG LEADERS INDEX | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| ILES CAYMAN | 25,37 % |
| TAIWAN | 20,00 % |
| INDE | 8,60 % |
| CORÉE DU SUD | 7,32 % |
| CHINE | 7,25 % |
| AFRIQUE DU SUD | 5,64 % |
| BRÉSIL | 3,94 % |
| THAÏLANDE | 2,91 % |
| MALAISIE | 2,41 % |
| ÉMIRATS ARABES UNIS | 2,14 % |
| INDONÉSIE | 2,02 % |
| MEXIQUE | 1,98 % |
| HONG KONG | 1,36 % |
| QATAR | 1,15 % |
| BERMUDES | 0,96 % |
| POLOGNE | 0,89 % |
| CHILI | 0,72 % |
| PHILIPPINES | 0,61 % |
| ÉTATS-UNIS | 0,60 % |
| KOWEÏT | 0,47 % |
| ARABIE SAOUDITE | 0,38 % |
| TURQUIE | 0,30 % |
| RÉPUBLIQUE TCHÈQUE | 0,29 % |
| COLOMBIE | 0,23 % |
| HONGRIE | 0,23 % |
| GRÈCE | 0,22 % |
| ILE DE MAN | 0,18 % |
| ÉGYPTE | 0,15 % |
| SINGAPOUR | 0,08 % |
| Total du Portefeuille-Titres | 98,40 % |

|  |  |
| --- | --- |
| DPAM L BONDS EUR SHORT TERM | %  DE L ' ACTIF NET |
|  |
| FRANCE | 19,18 % |
| PAYS-BAS | 15,45 % |
| ITALIE | 12,70 % |
| ROYAUME-UNI | 5,61 % |
| SUÈDE | 5,00 % |
| ÉTATS-UNIS | 4,96 % |
| LUXEMBOURG | 3,99 % |
| ALLEMAGNE | 3,69 % |
| ESPAGNE | 3,01 % |
| JAPON | 2,71 % |
| CORÉE DU SUD | 2,34 % |
| DANEMARK | 0,69 % |
| Total du Portefeuille-Titres | 79,33 % |

| DPAM L BONDS EUR QUALITY SUSTAINABLE | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| BANQUES | 27,18 % |
| SERVICES FINANCIERS - HOLDINGS | 25,59 % |
| SOURCES D'ENERGIE | 5,35 % |
| IMMOBILIER | 4,87 % |
| COMPAGNIES D'ASSURANCE | 4,35 % |
| IT & INTERNET | 3,91 % |
| TELECOMMUNICATIONS | 3,67 % |
| PHARMACIE - COSMETIQUE | 3,40 % |
| MATERIEL ELECTRIQUE - ELECTRONIQUE | 3,33 % |
| VEHICULES ROUTIERS | 3,29 % |
| COMPOSANTS & INSTRUMENTS ELECTRONIQUES | 1,83 % |
| BOISSONS & TABACS | 1,38 % |
| PRODUITS CHIMIQUES | 1,34 % |
| MATERIAUX DE CONSTRUCTION | 1,28 % |
| CONSTRUCTION MECANIQUE | 1,16 % |
| SERVICES DIVERS | 1,12 % |
| TITRISATION (ABS & MBS) | 1,00 % |
| DISTRIBUTION | 0,85 % |
| PETROLE & DERIVES | 0,71 % |
| LOISIRS & TOURISME | 0,61 % |
| ALIMENTATION & PRODUITS D'ENTRETIEN | 0,54 % |
| DIFFUSION & EDITION | 0,53 % |
| TRANSPORTS AERIENS | 0,29 % |
| SOCIETES D'INVESTISSEMENT (OPC, FCP) | 0,28 % |
| PRODUITS FORESTIERS & PAPIERS | 0,13 % |
| Total du Portefeuille-Titres | 97,99 % |

| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| ETATS | 59,72 % |
| BANQUES | 10,52 % |
| SERVICES FINANCIERS - HOLDINGS | 5,92 % |
| TELECOMMUNICATIONS | 5,55 % |
| ORGANISMES EUROPEENS | 4,45 % |
| IT & INTERNET | 2,33 % |
| INFORMATIQUE - REPRODUCTION | 2,04 % |
| SOURCES D'ENERGIE | 1,91 % |
| VEHICULES ROUTIERS | 0,96 % |
| PETROLE & DERIVES | 0,76 % |
| BOISSONS & TABACS | 0,74 % |
| IMMOBILIER | 0,65 % |
| DISTRIBUTION | 0,42 % |
| COMPAGNIES D'ASSURANCE | 0,40 % |
| PHARMACIE - COSMETIQUE | 0,39 % |
| PRODUITS CHIMIQUES | 0,29 % |
| DIFFUSION & EDITION | 0,25 % |
| CONSTRUCTION MECANIQUE | 0,20 % |
| DIVERS | 0,15 % |
| TEXTILE & HABILLEMENT | 0,15 % |
| TITRISATION (ABS & MBS) | 0,09 % |
| MATERIAUX DE CONSTRUCTION | 0,09 % |
| Total du Portefeuille-Titres | 97,98 % |

|  |  |
| --- | --- |
| DPAM L BONDS HIGHER YIELD | %  DE L ' ACTIF NET |
|  |
| SERVICES FINANCIERS - HOLDINGS | 24,75 % |
| ETATS | 21,48 % |
| TELECOMMUNICATIONS | 7,42 % |
| BANQUES | 6,41 % |
| VEHICULES ROUTIERS | 5,71 % |
| SOURCES D'ENERGIE | 4,33 % |
| AGRICULTURE & PECHE | 3,14 % |
| SERVICES DIVERS | 3,08 % |
| SOINS & SERVICE DE SANTE | 3,03 % |
| PRODUITS CHIMIQUES | 2,23 % |
| INDUSTRIE D'EMBALLAGE | 2,15 % |
| DISTRIBUTION | 1,87 % |
| SOCIETES DIVERSIFIEES | 1,75 % |
| IMMOBILIER | 1,11 % |
| ALIMENTATION & PRODUITS D'ENTRETIEN | 1,10 % |
| LOISIRS & TOURISME | 1,04 % |
| PRODUCTIONS INDUSTRIELLES INTERMEDIAIRES | 1,00 % |
| MATERIAUX DE CONSTRUCTION | 0,94 % |
| Total du Portefeuille-Titres | 92,54 % |

| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| ETATS | 87,22 % |
| ORGANISMES EUROPEENS | 7,56 % |
| BANQUES | 7,32 % |
| SERVICES FINANCIERS - HOLDINGS | 0,43 % |
| Total du Portefeuille-Titres | 102,53 % |

|  |  |
| --- | --- |
| DPAM L EQUITIES CONVICTION RESEARCH | %  DE L ' ACTIF NET |
|  |
| PHARMACIE - COSMETIQUE | 14,42 % |
| SERVICES FINANCIERS - HOLDINGS | 13,59 % |
| ALIMENTATION & PRODUITS D'ENTRETIEN | 10,71 % |
| PRODUITS CHIMIQUES | 8,49 % |
| PETROLE & DERIVES | 6,98 % |
| CONSTRUCTION MECANIQUE | 6,26 % |
| TELECOMMUNICATIONS | 5,02 % |
| IT & INTERNET | 4,42 % |
| SOURCES D'ENERGIE | 3,82 % |
| BIOTECHNOLOGIE | 3,25 % |
| TEXTILE & HABILLEMENT | 3,00 % |
| COMPAGNIES D'ASSURANCE | 2,87 % |
| BANQUES | 2,75 % |
| VEHICULES ROUTIERS | 2,58 % |
| MATERIEL ELECTRIQUE - ELECTRONIQUE | 2,40 % |
| SERVICES DIVERS | 2,18 % |
| TRANSPORT & CIRCULATION | 2,12 % |
| COMPOSANTS & INSTRUMENTS ELECTRONIQUES | 2,10 % |
| BIENS DE CONSOMMATION DIVERS | 1,91 % |
| Total du Portefeuille-Titres | 98,87 % |

| DPAM L BONDS EUR HIGH YIELD SHORT TERM | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| SERVICES FINANCIERS - HOLDINGS | 30,31 % |
| TELECOMMUNICATIONS | 12,66 % |
| VEHICULES ROUTIERS | 11,57 % |
| IT & INTERNET | 7,75 % |
| INDUSTRIE D'EMBALLAGE | 4,12 % |
| AGRICULTURE & PECHE | 3,68 % |
| SOURCES D'ENERGIE | 3,33 % |
| SOINS & SERVICE DE SANTE | 3,02 % |
| SOCIETES DIVERSIFIEES | 2,69 % |
| SERVICES DIVERS | 2,55 % |
| PRODUITS CHIMIQUES | 2,46 % |
| DIVERS | 2,39 % |
| TRANSPORTS AERIENS | 1,92 % |
| DIFFUSION & EDITION | 1,40 % |
| PRODUCTIONS INDUSTRIELLES INTERMEDIAIRES | 1,37 % |
| MATERIAUX DE CONSTRUCTION | 0,93 % |
| MATERIEL ELECTRIQUE - ELECTRONIQUE | 0,84 % |
| CONSTRUCTION MECANIQUE | 0,41 % |
| BIEN D'EQUIPEMENT DIVERS | 0,22 % |
| IMMOBILIER | 0,22 % |
| Total du Portefeuille-Titres | 93,84 % |

|  |  |
| --- | --- |
| DPAM L PATRIMONIAL FUND | %  DE L ' ACTIF NET |
|  |
| ETATS | 31,15 % |
| SERVICES FINANCIERS - HOLDINGS | 11,54 % |
| BANQUES | 6,66 % |
| TELECOMMUNICATIONS | 5,95 % |
| SOCIETES D'INVESTISSEMENT (OPC, FCP) | 4,13 % |
| COMPAGNIES D'ASSURANCE | 3,47 % |
| PHARMACIE - COSMETIQUE | 3,32 % |
| COMPOSANTS & INSTRUMENTS ELECTRONIQUES | 3,12 % |
| IMMOBILIER | 2,89 % |
| ORGANISMES EUROPEENS | 2,47 % |
| INFORMATIQUE - REPRODUCTION | 1,96 % |
| SOURCES D'ENERGIE | 1,61 % |
| CONSTRUCTION MECANIQUE | 1,59 % |
| VEHICULES ROUTIERS | 1,56 % |
| IT & INTERNET | 1,48 % |
| TITRISATION (ABS & MBS) | 1,08 % |
| DIFFUSION & EDITION | 1,01 % |
| BIENS DE CONSOMMATION DIVERS | 0,91 % |
| SOCIETES DIVERSIFIEES | 0,49 % |
| PHOTO & OPTIQUE | 0,45 % |
| MATERIEL ELECTRIQUE - ELECTRONIQUE | 0,44 % |
| PRODUITS CHIMIQUES | 0,44 % |
| TRANSPORT & CIRCULATION | 0,41 % |
| ALIMENTATION & PRODUITS D'ENTRETIEN | 0,37 % |
| DISTRIBUTION | 0,34 % |
| MATERIAUX DE CONSTRUCTION | 0,28 % |
| PRODUCTIONS INDUSTRIELLES INTERMEDIAIRES | 0,27 % |
| SERVICES DIVERS | 0,15 % |
| Total du Portefeuille-Titres | 89,54 % |

| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| ETATS | 90,16 % |
| ORGANISMES EUROPEENS | 3,92 % |
| DIVERS | 0,57 % |
| BANQUES | 0,36 % |
| MATERIEL ELECTRIQUE - ELECTRONIQUE | 0,09 % |
| Total du Portefeuille-Titres | 95,10 % |

|  |  |
| --- | --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD | %  DE L ' ACTIF NET |
|  |
| SERVICES FINANCIERS - HOLDINGS | 33,97 % |
| TELECOMMUNICATIONS | 11,25 % |
| VEHICULES ROUTIERS | 6,81 % |
| SOINS & SERVICE DE SANTE | 4,73 % |
| INDUSTRIE D'EMBALLAGE | 4,11 % |
| PRODUITS CHIMIQUES | 3,99 % |
| IT & INTERNET | 3,15 % |
| MATERIAUX DE CONSTRUCTION | 2,90 % |
| PHARMACIE - COSMETIQUE | 2,83 % |
| SERVICES DIVERS | 2,72 % |
| SOURCES D'ENERGIE | 2,11 % |
| FINANCE | 1,66 % |
| MATERIEL ELECTRIQUE - ELECTRONIQUE | 1,44 % |
| AGRICULTURE & PECHE | 1,42 % |
| DIFFUSION & EDITION | 1,22 % |
| DIVERS BIENS DE CAPITAUX | 1,21 % |
| TRANSPORTS AERIENS | 1,21 % |
| BIENS DE CONSOMMATION DIVERS | 0,91 % |
| LOISIRS & TOURISME | 0,76 % |
| DISTRIBUTION | 0,59 % |
| BANQUES | 0,42 % |
| EQUIPEMENTS & SERVICES PROD. ENERGIE | 0,40 % |
| PRODUCTIONS INDUSTRIELLES INTERMEDIAIRES | 0,26 % |
| COMPOSANTS & INSTRUMENTS ELECTRONIQUES | 0,25 % |
| DIVERS | 0,06 % |
| Total du Portefeuille-Titres | 90,38 % |

| DPAM L GLOBAL TARGET INCOME | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| SOCIETES D'INVESTISSEMENT (OPC, FCP) | 88,95 % |
| IMMOBILIER | 1,44 % |
| Total du Portefeuille-Titres | 90,39 % |

|  |  |
| --- | --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE | %  DE L ' ACTIF NET |
|  |
| ETATS | 28,26 % |
| BANQUES | 11,56 % |
| SERVICES FINANCIERS - HOLDINGS | 11,28 % |
| IT & INTERNET | 4,67 % |
| PHARMACIE - COSMETIQUE | 4,61 % |
| TELECOMMUNICATIONS | 4,08 % |
| COMPAGNIES D'ASSURANCE | 3,61 % |
| MATERIEL ELECTRIQUE - ELECTRONIQUE | 3,05 % |
| SOURCES D'ENERGIE | 2,88 % |
| COMPOSANTS & INSTRUMENTS ELECTRONIQUES | 2,84 % |
| PRODUITS CHIMIQUES | 2,71 % |
| CONSTRUCTION MECANIQUE | 1,89 % |
| DISTRIBUTION | 1,29 % |
| BOISSONS & TABACS | 1,29 % |
| ORGANISMES EUROPEENS | 1,18 % |
| TEXTILE & HABILLEMENT | 1,13 % |
| IMMOBILIER | 1,06 % |
| BIENS DE CONSOMMATION DIVERS | 0,85 % |
| PROVINCE, CANTON, REGION | 0,78 % |
| VEHICULES ROUTIERS | 0,77 % |
| DIFFUSION & EDITION | 0,67 % |
| SERVICES DIVERS | 0,57 % |
| LOISIRS & TOURISME | 0,57 % |
| BIOTECHNOLOGIE | 0,54 % |
| EQUIPEMENTS & SERVICES PROD. ENERGIE | 0,52 % |
| INFORMATIQUE - REPRODUCTION | 0,49 % |
| SOINS & SERVICE DE SANTE | 0,48 % |
| ALIMENTATION & PRODUITS D'ENTRETIEN | 0,48 % |
| TRANSPORT & CIRCULATION | 0,37 % |
| INDUSTRIE D'EMBALLAGE | 0,35 % |
| MATERIAUX DE CONSTRUCTION | 0,31 % |
| PNEUS & CAOUTCHOUC | 0,24 % |
| PETROLE & DERIVES | 0,20 % |
| PRODUCTIONS INDUSTRIELLES INTERMEDIAIRES | 0,16 % |
| METAUX NON-FERREUX | 0,16 % |
| Total du Portefeuille-Titres | 95,90 % |

|  |  |
| --- | --- |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE | %  DE L ' ACTIF NET |
|  |
| BANQUES | 19,78 % |
| SERVICES FINANCIERS - HOLDINGS | 16,80 % |
| IMMOBILIER | 10,40 % |
| ETATS | 7,93 % |
| SOURCES D'ENERGIE | 7,84 % |
| ORGANISMES EUROPEENS | 6,84 % |
| VEHICULES ROUTIERS | 5,35 % |
| MATERIEL ELECTRIQUE - ELECTRONIQUE | 3,00 % |
| COMPAGNIES D'ASSURANCE | 2,95 % |
| TELECOMMUNICATIONS | 2,37 % |
| SERVICES DIVERS | 2,26 % |
| PRODUITS CHIMIQUES | 1,94 % |
| PETROLE & DERIVES | 1,42 % |
| METAUX NON-FERREUX | 1,37 % |
| PRODUITS FORESTIERS & PAPIERS | 0,95 % |
| INDUSTRIE D'EMBALLAGE | 0,89 % |
| EQUIPEMENTS & SERVICES PROD. ENERGIE | 0,62 % |
| IT & INTERNET | 0,45 % |
| LOISIRS & TOURISME | 0,44 % |
| SERVICES COMMERCIAUX - PUBLICS | 0,38 % |
| ALIMENTATION & PRODUITS D'ENTRETIEN | 0,38 % |
| MATERIAUX DE CONSTRUCTION | 0,37 % |
| SOCIETES D'INVESTISSEMENT (OPC, FCP) | 0,31 % |
| AGRICULTURE & PECHE | 0,30 % |
| TEXTILE & HABILLEMENT | 0,30 % |
| DISTRIBUTION | 0,20 % |
| Total du Portefeuille-Titres | 95,84 % |

| DPAM L BONDS GOVERNMENT SUSTAINABLE | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| ETATS | 82,79 % |
| BANQUES | 9,25 % |
| ORGANISMES EUROPEENS | 6,09 % |
| SERVICES FINANCIERS - HOLDINGS | 0,44 % |
| Total du Portefeuille-Titres | 98,57 % |

|  |  |
| --- | --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE | %  DE L ' ACTIF NET |
|  |
| IT & INTERNET | 24,02 % |
| TELECOMMUNICATIONS | 9,84 % |
| SERVICES FINANCIERS - HOLDINGS | 9,70 % |
| SOURCES D'ENERGIE | 7,50 % |
| COMPOSANTS & INSTRUMENTS ELECTRONIQUES | 5,49 % |
| SERVICES DIVERS | 4,94 % |
| VEHICULES ROUTIERS | 3,79 % |
| IMMOBILIER | 3,78 % |
| BIOTECHNOLOGIE | 3,65 % |
| LOISIRS & TOURISME | 3,08 % |
| PHARMACIE - COSMETIQUE | 2,61 % |
| BANQUES | 2,31 % |
| TEXTILE & HABILLEMENT | 1,99 % |
| INFORMATIQUE - REPRODUCTION | 1,48 % |
| SOINS & SERVICE DE SANTE | 1,37 % |
| DIFFUSION & EDITION | 1,09 % |
| MATERIEL ELECTRIQUE - ELECTRONIQUE | 1,00 % |
| PHOTO & OPTIQUE | 0,79 % |
| METAUX NON-FERREUX | 0,57 % |
| MATERIAUX DE CONSTRUCTION | 0,55 % |
| DIVERS BIENS DE CAPITAUX | 0,31 % |
| Total du Portefeuille-Titres | 89,86 % |

|  |  |
| --- | --- |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX | %  DE L ' ACTIF NET |
|  |
| BANQUES | 14,40 % |
| COMPOSANTS & INSTRUMENTS ELECTRONIQUES | 13,83 % |
| IT & INTERNET | 12,96 % |
| PHOTO & OPTIQUE | 9,22 % |
| SERVICES FINANCIERS - HOLDINGS | 6,44 % |
| PRODUITS CHIMIQUES | 6,04 % |
| PHARMACIE - COSMETIQUE | 3,73 % |
| DIFFUSION & EDITION | 3,32 % |
| TELECOMMUNICATIONS | 3,21 % |
| VEHICULES ROUTIERS | 2,49 % |
| MATERIEL ELECTRIQUE - ELECTRONIQUE | 2,35 % |
| ALIMENTATION & PRODUITS D'ENTRETIEN | 2,31 % |
| IMMOBILIER | 1,87 % |
| PETROLE & DERIVES | 1,76 % |
| MATERIAUX DE CONSTRUCTION | 1,42 % |
| DISTRIBUTION | 1,41 % |
| PRODUCTIONS INDUSTRIELLES INTERMEDIAIRES | 1,36 % |
| SOURCES D'ENERGIE | 1,18 % |
| METAUX & PIERRES PRECIEUSES | 0,99 % |
| TRANSPORTS AERIENS | 0,98 % |
| BIENS DE CONSOMMATION DIVERS | 0,72 % |
| LOISIRS & TOURISME | 0,70 % |
| INFORMATIQUE - REPRODUCTION | 0,67 % |
| PRODUITS FORESTIERS & PAPIERS | 0,62 % |
| METAUX NON-FERREUX | 0,56 % |
| COMPAGNIES D'ASSURANCE | 0,54 % |
| CONSTRUCTION MECANIQUE | 0,52 % |
| SOINS & SERVICE DE SANTE | 0,46 % |
| TRANSPORT & CIRCULATION | 0,42 % |
| BOISSONS & TABACS | 0,38 % |
| TRANSPORTS MARITIMES | 0,25 % |
| SOCIETES DIVERSIFIEES | 0,23 % |
| AERONAUTIQUE & DEFENSE | 0,22 % |
| INDUSTRIE D'EMBALLAGE | 0,20 % |
| AGRICULTURE & PECHE | 0,16 % |
| BIOTECHNOLOGIE | 0,14 % |
| TEXTILE & HABILLEMENT | 0,11 % |
| DIVERS | 0,11 % |
| SERVICES DIVERS | 0,09 % |
| PNEUS & CAOUTCHOUC | 0,03 % |
| Total du Portefeuille-Titres | 98,40 % |

|  |  |
| --- | --- |
| DPAM L BONDS EUR SHORT TERM | %  DE L ' ACTIF NET |
|  |
| SERVICES FINANCIERS - HOLDINGS | 19,25 % |
| BANQUES | 18,31 % |
| IMMOBILIER | 9,61 % |
| VEHICULES ROUTIERS | 4,40 % |
| TELECOMMUNICATIONS | 2,99 % |
| TRANSPORTS AERIENS | 2,72 % |
| PRODUCTIONS INDUSTRIELLES INTERMEDIAIRES | 2,34 % |
| LOISIRS & TOURISME | 2,30 % |
| SERVICES DIVERS | 2,03 % |
| EQUIPEMENTS & SERVICES PROD. ENERGIE | 2,02 % |
| PHARMACIE - COSMETIQUE | 1,69 % |
| DIVERS | 1,69 % |
| SOURCES D'ENERGIE | 1,65 % |
| PNEUS & CAOUTCHOUC | 1,64 % |
| MATERIAUX DE CONSTRUCTION | 1,64 % |
| COMPOSANTS & INSTRUMENTS ELECTRONIQUES | 1,34 % |
| PETROLE & DERIVES | 0,99 % |
| BOISSONS & TABACS | 0,69 % |
| PRODUITS CHIMIQUES | 0,68 % |
| BIENS DE CONSOMMATION DIVERS | 0,68 % |
| IT & INTERNET | 0,67 % |
| Total du Portefeuille-Titres | 79,33 % |

| DPAM L BONDS EUR QUALITY SUSTAINABLE | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| EURO | 97,99 % |
| Total du Portefeuille-Titres | 97,99 % |

| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| EURO | 51,89 % |
| DOLLAR DES ETATS-UNIS | 27,06 % |
| YEN JAPONAIS | 4,34 % |
| DOLLAR NEO-ZÉLANDAIS | 3,93 % |
| COURONNE TCHÈQUE | 2,93 % |
| NOUVEAU PESO MEXICAIN | 2,71 % |
| DOLLAR AUSTRALIEN | 2,68 % |
| RAND SUD-AFRICAIN | 1,86 % |
| LIVRE STERLING | 0,58 % |
| Total du Portefeuille-Titres | 97,98 % |

| DPAM L BONDS HIGHER YIELD | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| EURO | 55,22 % |
| DOLLAR DES ETATS-UNIS | 19,68 % |
| REAL BRÉSILIEN | 5,10 % |
| NOUVEAU PESO MEXICAIN | 4,18 % |
| RAND SUD-AFRICAIN | 3,98 % |
| ROUPIE INDOÉSIENNE | 1,79 % |
| ZLOTY POLONAIS | 1,35 % |
| LIVRE STERLING | 1,24 % |
| Total du Portefeuille-Titres | 92,54 % |

| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| EURO | 47,68 % |
| DOLLAR NEO-ZÉLANDAIS | 8,17 % |
| FRANC SUISSE | 8,05 % |
| DOLLAR CANADIEN | 7,69 % |
| LIVRE STERLING | 5,58 % |
| DOLLAR DES ETATS-UNIS | 5,48 % |
| COURONNE DANOISE | 5,18 % |
| YEN JAPONAIS | 4,69 % |
| DOLLAR AUSTRALIEN | 4,35 % |
| COURONNE SUÉDOISE | 3,84 % |
| COURONNE NORVÉGIENNE | 1,82 % |
| Total du Portefeuille-Titres | 102,53 % |

|  |  |
| --- | --- |
| DPAM L EQUITIES CONVICTION RESEARCH | %  DE L ' ACTIF NET |
|  |
| EURO | 58,06 % |
| LIVRE STERLING | 15,94 % |
| FRANC SUISSE | 10,00 % |
| COURONNE SUÉDOISE | 6,63 % |
| COURONNE NORVÉGIENNE | 6,12 % |
| COURONNE DANOISE | 2,12 % |
| Total du Portefeuille-Titres | 98,87 % |

| DPAM L BONDS EUR HIGH YIELD SHORT TERM | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| EURO | 93,84 % |
| Total du Portefeuille-Titres | 93,84 % |

| DPAM L PATRIMONIAL FUND | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| EURO | 48,13 % |
| DOLLAR DES ETATS-UNIS | 21,89 % |
| DOLLAR CANADIEN | 3,09 % |
| COURONNE SUÉDOISE | 2,72 % |
| YEN JAPONAIS | 2,54 % |
| DOLLAR AUSTRALIEN | 2,21 % |
| LIVRE STERLING | 1,95 % |
| FRANC SUISSE | 1,49 % |
| ROUPIE INDOÉSIENNE | 1,35 % |
| NOUVEAU SOL PÉRUVIEN | 1,08 % |
| DOLLAR DE HONG-KONG | 1,01 % |
| NOUVEAU PESO MEXICAIN | 0,87 % |
| COURONNE NORVÉGIENNE | 0,78 % |
| DOLLAR NEO-ZÉLANDAIS | 0,43 % |
| Total du Portefeuille-Titres | 89,54 % |

|  |  |
| --- | --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | %  DE L ' ACTIF NET |
|  |
| RAND SUD-AFRICAIN | 8,75 % |
| DOLLAR DES ETATS-UNIS | 8,56 % |
| ROUPIE INDOÉSIENNE | 8,33 % |
| RINGGIT DE MALAISIE | 7,92 % |
| REAL BRÉSILIEN | 7,79 % |
| NOUVEAU PESO MEXICAIN | 6,33 % |
| ZLOTY POLONAIS | 6,26 % |
| DOLLAR DE SINGAPOUR | 5,58 % |
| COURONNE TCHÈQUE | 4,45 % |
| PESO COLOMBIEN | 4,43 % |
| ROUPIE INDIENNE | 4,27 % |
| PESO URUGUAYEN | 3,98 % |
| EURO | 3,46 % |
| NOUVEAU SOL PÉRUVIEN | 3,16 % |
| PESO CHILIEN | 2,77 % |
| LEU ROUMAIN | 1,98 % |
| WON SUD CORÉEN | 1,98 % |
| DINAR SERBE | 1,36 % |
| FORINT HONGROIS | 1,02 % |
| PESO PHILIPPIN | 0,91 % |
| KWACHA ZAMBIEN | 0,50 % |
| SCHILLING KENYAN | 0,49 % |
| CEDI GHANÉEN | 0,32 % |
| SHILLING OUGANDAIS | 0,29 % |
| BAHT THAÏLANDAIS | 0,18 % |
| ROUPIE PAKISTANNAISE | 0,03 % |
| Total du Portefeuille-Titres | 95,10 % |

| DPAM L BONDS EUR CORPORATE HIGH YIELD | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| EURO | 90,38 % |
| Total du Portefeuille-Titres | 90,38 % |

| DPAM L GLOBAL TARGET INCOME | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| EURO | 90,39 % |
| Total du Portefeuille-Titres | 90,39 % |

|  |  |
| --- | --- |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE | %  DE L ' ACTIF NET |
|  |
| EURO | 77,93 % |
| DOLLAR DES ETATS-UNIS | 9,15 % |
| LIVRE STERLING | 2,37 % |
| DOLLAR CANADIEN | 1,33 % |
| DOLLAR AUSTRALIEN | 1,32 % |
| COURONNE DANOISE | 1,06 % |
| FRANC SUISSE | 0,73 % |
| DOLLAR NEO-ZÉLANDAIS | 0,69 % |
| YEN JAPONAIS | 0,45 % |
| COURONNE NORVÉGIENNE | 0,44 % |
| COURONNE SUÉDOISE | 0,43 % |
| Total du Portefeuille-Titres | 95,90 % |

| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| EURO | 81,63 % |
| NOUVEAU PESO MEXICAIN | 1,97 % |
| REAL BRÉSILIEN | 1,90 % |
| LIVRE STERLING | 1,80 % |
| DOLLAR DES ETATS-UNIS | 1,77 % |
| ZLOTY POLONAIS | 1,46 % |
| COURONNE NORVÉGIENNE | 1,39 % |
| ROUBLE RUSSE | 1,19 % |
| PESO COLOMBIEN | 0,99 % |
| COURONNE SUÉDOISE | 0,91 % |
| YUAN RENMINBI CHINOIS | 0,83 % |
| Total du Portefeuille-Titres | 95,84 % |

| DPAM L BONDS GOVERNMENT SUSTAINABLE | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| EURO | 42,93 % |
| FRANC SUISSE | 7,64 % |
| DOLLAR NEO-ZÉLANDAIS | 7,26 % |
| DOLLAR CANADIEN | 7,06 % |
| YEN JAPONAIS | 5,77 % |
| LIVRE STERLING | 5,72 % |
| COURONNE SUÉDOISE | 5,46 % |
| DOLLAR AUSTRALIEN | 5,33 % |
| DOLLAR DES ETATS-UNIS | 5,03 % |
| COURONNE DANOISE | 4,59 % |
| COURONNE NORVÉGIENNE | 1,78 % |
| Total du Portefeuille-Titres | 98,57 % |

|  |  |
| --- | --- |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE | %  DE L ' ACTIF NET |
|  |
| DOLLAR DES ETATS-UNIS | 62,59 % |
| EURO | 22,99 % |
| DOLLAR DE HONG-KONG | 2,47 % |
| DOLLAR AUSTRALIEN | 1,81 % |
| Total du Portefeuille-Titres | 89,86 % |

| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| DOLLAR DE HONG-KONG | 31,13 % |
| DOLLAR TAIWANAIS | 20,39 % |
| WON SUD CORÉEN | 7,32 % |
| DOLLAR DES ETATS-UNIS | 6,33 % |
| RAND SUD-AFRICAIN | 5,64 % |
| EURO | 4,55 % |
| REAL BRÉSILIEN | 3,94 % |
| BAHT THAÏLANDAIS | 2,91 % |
| RINGGIT DE MALAISIE | 2,41 % |
| YUAN RENMINBI CHINOIS | 2,22 % |
| DIRHAM DES ETATS ARABES UNIS | 2,14 % |
| ROUPIE INDOÉSIENNE | 2,02 % |
| NOUVEAU PESO MEXICAIN | 1,98 % |
| RIYAL DU QATAR | 1,15 % |
| ZLOTY POLONAIS | 0,89 % |
| PESO CHILIEN | 0,72 % |
| PESO PHILIPPIN | 0,61 % |
| DINAR KOWEITIEN | 0,47 % |
| RIYAL SAOUDIEN | 0,38 % |
| LIVRE TURQUE | 0,30 % |
| COURONNE TCHÈQUE | 0,29 % |
| PESO COLOMBIEN | 0,23 % |
| FORINT HONGROIS | 0,23 % |
| LIVRE ÉGYPTIENNE | 0,15 % |
| Total du Portefeuille-Titres | 98,40 % |

| DPAM L BONDS EUR SHORT TERM | %  DE L ' ACTIF NET |
| --- | --- |
|  |
| EURO | 79,33 % |
| Total du Portefeuille-Titres | 79,33 % |

DPAM L BONDS EUR QUALITY SUSTAINABLE
| Actions en circulation au début de la période	- A | 132.568,005 |
| --- | --- |
| - B | 59.995,324 |
| - E | 28.736,354 |
| - F | 708.241,536 |
| - F LC | 1.000,000 |
| - J | 21.802,184 |
| - L | 84,000 |
| - M | 603.808,987 |
| - N | 19.804,298 |
| - P | 471.763,000 |
| - W | 7.923,649 |
| Actions émises au cours de la période	- A | 3.565,431 |
| - B | 6.090,999 |
| - E | 253,398 |
| - F | 40.823,465 |
| - F LC | 0,000 |
| - J | 260,000 |
| - L | 0,000 |
| - M | 54.805,000 |
| - N | 17.183,171 |
| - P | 849,000 |
| - W | 748,898 |
| Actions remboursées au cours de la période	- A | 8.425,000 |
| - B | 9.305,641 |
| - E | 127,234 |
| - F | 95.979,766 |
| - F LC | 0,000 |
| - J | 2.125,000 |
| - L | 61,000 |
| - M | 76.797,950 |
| - N | 2.844,386 |
| - P | 109.943,000 |
| - W | 899,888 |
| Actions en circulation à la fin de la période	- A | 127.708,436 |
| - B | 56.780,682 |
| - E | 28.862,518 |
| - F | 653.085,235 |
| - F LC | 1.000,000 |
| - J | 19.937,184 |
| - L | 23,000 |
| - M | 581.816,037 |
| - N | 34.143,083 |
| - P | 362.669,000 |
| - W | 7.772,659 |

DPAM L BONDS UNIVERSALIS UNCONSTRAINED
| Actions en circulation au début de la période	- A | 296.581,842 |
| --- | --- |
| - B | 356.954,433 |
| - B CHF | 709,974 |
| - E | 179.371,839 |
| - F | 2.104.169,785 |
| - F LC | 1.000,000 |
| - J | 8.254,250 |
| - M | 846.902,179 |
| - N | 31.969,349 |
| - P | 591.720,000 |
| - V | 33.475,632 |
| - W | 57.273,485 |
| Actions émises au cours de la période	- A | 2.011,019 |
| - B | 16.279,910 |
| - B CHF | 0,000 |
| - E | 96.272,000 |
| - F | 697.501,548 |
| - F LC | 0,000 |
| - J | 1.686,000 |
| - M | 26.162,899 |
| - N | 948,000 |
| - P | 3.900,000 |
| - V | 6.908,000 |
| - W | 35.105,479 |
| Actions remboursées au cours de la période	- A | 55.956,866 |
| - B | 51.272,700 |
| - B CHF | 0,000 |
| - E | 27.083,000 |
| - F | 484.658,595 |
| - F LC | 0,000 |
| - J | 0,000 |
| - M | 42.834,867 |
| - N | 1.965,539 |
| - P | 35.200,000 |
| - V | 1.405,000 |
| - W | 11.404,609 |
| Actions en circulation à la fin de la période	- A | 242.635,995 |
| - B | 321.961,643 |
| - B CHF | 709,974 |
| - E | 248.560,839 |
| - F | 2.317.012,738 |
| - F LC | 1.000,000 |
| - J | 9.940,250 |
| - M | 830.230,211 |
| - N | 30.951,810 |
| - P | 560.420,000 |
| - V | 38.978,632 |
| - W | 80.974,355 |

DPAM L BONDS HIGHER YIELD
| Actions en circulation au début de la période	- A | 543.263,509 |
| --- | --- |
| - B | 100.928,421 |
| - B CHF | 269,232 |
| - E | 197.275,858 |
| - F | 89.055,261 |
| - F LC | 1.000,000 |
| - M | 111.600,272 |
| - N | 2.889,548 |
| - V | 8.558,299 |
| - W | 6.513,081 |
| Actions émises au cours de la période	- A | 538,668 |
| - B | 13.303,214 |
| - B CHF | 104,444 |
| - E | 7.776,000 |
| - F | 11.987,276 |
| - F LC | 0,000 |
| - M | 0,000 |
| - N | 13,000 |
| - V | 6,076 |
| - W | 3.815,384 |
| Actions remboursées au cours de la période	- A | 215.239,890 |
| - B | 28.749,924 |
| - B CHF | 7,569 |
| - E | 0,000 |
| - F | 45.637,013 |
| - F LC | 0,000 |
| - M | 26.116,409 |
| - N | 471,835 |
| - V | 1.656,152 |
| - W | 4.387,555 |
| Actions en circulation à la fin de la période	- A | 328.562,287 |
| - B | 85.481,711 |
| - B CHF | 366,107 |
| - E | 205.051,858 |
| - F | 55.405,524 |
| - F LC | 1.000,000 |
| - M | 85.483,863 |
| - N | 2.430,713 |
| - V | 6.908,223 |
| - W | 5.940,910 |

DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED
| Actions en circulation au début de la période	- A | 8.260,057 |
| --- | --- |
| - B | 14.882,933 |
| - E | 7.029,997 |
| - F | 280.714,139 |
| - J | 10.888,841 |
| - L | 889,841 |
| - M | 17.403,804 |
| - N | 150,000 |
| - P | 21.850,000 |
| - V | 57.125,519 |
| - W | 22.232,513 |
| Actions émises au cours de la période	- A | 1.534,313 |
| - B | 13.795,597 |
| - E | 890,674 |
| - F | 66.286,643 |
| - J | 2.381,000 |
| - L | 337,126 |
| - M | 8.359,952 |
| - N | 68,000 |
| - P | 2.770,000 |
| - V | 25.723,322 |
| - W | 5.672,322 |
| Actions remboursées au cours de la période	- A | 3.830,895 |
| - B | 3.394,968 |
| - E | 991,402 |
| - F | 24.635,247 |
| - J | 0,000 |
| - L | 217,863 |
| - M | 920,923 |
| - N | 0,000 |
| - P | 1.315,000 |
| - V | 5.336,670 |
| - W | 5.024,278 |
| Actions en circulation à la fin de la période	- A | 5.963,475 |
| - B | 25.283,562 |
| - E | 6.929,269 |
| - F | 322.365,535 |
| - J | 13.269,841 |
| - L | 1.009,104 |
| - M | 24.842,833 |
| - N | 218,000 |
| - P | 23.305,000 |
| - V | 77.512,171 |
| - W | 22.880,557 |

DPAM L EQUITIES CONVICTION RESEARCH
| Actions en circulation au début de la période	- A | 2.243,857 |
| --- | --- |
| - B | 12.231,170 |
| - F | 557,887 |
| - J | 6.229,000 |
| - M | 11.588,126 |
| - N | 1.624,338 |
| - P | 2.654,000 |
| - W | 0,000 |
| Actions émises au cours de la période	- A | 20,000 |
| - B | 15,163 |
| - F | 0,000 |
| - J | 0,000 |
| - M | 183,679 |
| - N | 0,000 |
| - P | 0,000 |
| - W | 15,000 |
| Actions remboursées au cours de la période	- A | 82,987 |
| - B | 344,107 |
| - F | 215,000 |
| - J | 328,000 |
| - M | 1.385,533 |
| - N | 155,100 |
| - P | 286,000 |
| - W | 0,000 |
| Actions en circulation à la fin de la période	- A | 2.180,870 |
| - B | 11.902,226 |
| - F | 342,887 |
| - J | 5.901,000 |
| - M | 10.386,272 |
| - N | 1.469,238 |
| - P | 2.368,000 |
| - W | 15,000 |

DPAM L BONDS EUR HIGH YIELD SHORT TERM
| Actions en circulation au début de la période	- A | 150.432,201 |
| --- | --- |
| - B | 135.404,885 |
| - E | 148.218,909 |
| - F | 1.460.941,202 |
| - F CHF | 300,000 |
| - F LC | 1.000,000 |
| - J | 2.953,153 |
| - L | 3.347,334 |
| - M | 148.186,287 |
| - N | 103.165,844 |
| - P | 252.585,000 |
| - V | 607,387 |
| - W | 101.520,989 |
| Actions émises au cours de la période	- A | 4.269,840 |
| - B | 4.554,985 |
| - E | 26.585,000 |
| - F | 544.587,572 |
| - F CHF | 0,000 |
| - F LC | 0,000 |
| - J | 0,000 |
| - L | 449,000 |
| - M | 16.438,026 |
| - N | 11.811,000 |
| - P | 162.975,000 |
| - V | 0,000 |
| - W | 2.918,310 |
| Actions remboursées au cours de la période	- A | 15.486,727 |
| - B | 30.696,988 |
| - E | 63.156,000 |
| - F | 244.774,585 |
| - F CHF | 0,000 |
| - F LC | 0,000 |
| - J | 27,000 |
| - L | 300,000 |
| - M | 31.437,041 |
| - N | 25.874,562 |
| - P | 98.347,000 |
| - V | 0,000 |
| - W | 73.590,619 |
| Actions en circulation à la fin de la période	- A | 139.215,314 |
| - B | 109.262,882 |
| - E | 111.647,909 |
| - F | 1.760.754,189 |
| - F CHF | 300,000 |
| - F LC | 1.000,000 |
| - J | 2.926,153 |
| - L | 3.496,334 |
| - M | 133.187,272 |
| - N | 89.102,282 |
| - P | 317.213,000 |
| - V | 607,387 |
| - W | 30.848,680 |

DPAM L PATRIMONIAL FUND
| Actions en circulation au début de la période	- A | 808.263,805 |
| --- | --- |
| - B | 268.887,176 |
| - E | 1.971,381 |
| - F | 53.041,174 |
| - M | 33.279,428 |
| - N | 36.654,546 |
| Actions émises au cours de la période	- A | 433,786 |
| - B | 27.816,995 |
| - E | 0,000 |
| - F | 63,279 |
| - M | 0,000 |
| - N | 2.200,000 |
| Actions remboursées au cours de la période	- A | 80.934,470 |
| - B | 39.328,239 |
| - E | 0,000 |
| - F | 14.179,021 |
| - M | 11.127,331 |
| - N | 4.901,695 |
| Actions en circulation à la fin de la période	- A | 727.763,121 |
| - B | 257.375,932 |
| - E | 1.971,381 |
| - F | 38.925,432 |
| - M | 22.152,097 |
| - N | 33.952,851 |

DPAM L BONDS EMERGING MARKETS SUSTAINABLE
| Actions en circulation au début de la période	- A | 949.019,280 |
| --- | --- |
| - B | 720.414,090 |
| - B CHF | 3.717,000 |
| - B USD | 132.623,414 |
| - E | 3.050.330,769 |
| - F | 10.296.616,628 |
| - F CHF | 73.653,984 |
| - F USD | 1.730.166,188 |
| - J | 9.456,548 |
| - L | 23.624,961 |
| - M | 481.528,775 |
| - N | 18.957,701 |
| - N USD | 13.752,044 |
| - P | 705.642,000 |
| - V | 170.206,228 |
| - W | 1.680.929,037 |
| - W CHF | 8.632,215 |
| - W USD | 672.221,661 |
| Actions émises au cours de la période	- A | 124.261,031 |
| - B | 118.707,177 |
| - B CHF | 0,000 |
| - B USD | 46.631,835 |
| - E | 107.733,348 |
| - F | 2.446.108,939 |
| - F CHF | 2.850,000 |
| - F USD | 120.129,722 |
| - J | 1.767,000 |
| - L | 25.739,807 |
| - M | 35.410,656 |
| - N | 999,000 |
| - N USD | 0,000 |
| - P | 276.052,328 |
| - V | 5.012,820 |
| - W | 784.282,805 |
| - W CHF | 470,000 |
| - W USD | 118.890,380 |
| Actions remboursées au cours de la période	- A | 112.405,259 |
| - B | 217.621,374 |
| - B CHF | 0,000 |
| - B USD | 15.133,375 |
| - E | 276.689,604 |
| - F | 1.335.307,455 |
| - F CHF | 6.588,000 |
| - F USD | 425.452,647 |
| - J | 0,000 |
| - L | 2.773,452 |
| - M | 55.851,671 |
| - N | 8.531,422 |
| - N USD | 7.504,250 |
| - P | 87.467,000 |
| - V | 2.483,000 |
| - W | 323.355,942 |
| - W CHF | 1.966,746 |
| - W USD | 49.484,554 |

|  |  |
| --- | --- |
| Actions en circulation à la fin de la période	- A | 960.875,052 |
| - B | 621.499,893 |
| - B CHF | 3.717,000 |
| - B USD | 164.121,874 |
| - E | 2.881.374,513 |
| - F | 11.407.418,112 |
| - F CHF | 69.915,984 |
| - F USD | 1.424.843,263 |
| - J | 11.223,548 |
| - L | 46.591,316 |
| - M | 461.087,760 |
| - N | 11.425,279 |
| - N USD | 6.247,794 |
| - P | 894.227,328 |
| - V | 172.736,048 |
| - W | 2.141.855,900 |
| - W CHF | 7.135,469 |
| - W USD | 741.627,487 |

DPAM L BONDS EUR CORPORATE HIGH YIELD
| Actions en circulation au début de la période	- A | 119.893,151 |
| --- | --- |
| - B | 142.133,749 |
| - F | 1.966.219,177 |
| - J | 1.828,000 |
| - L | 337,323 |
| - M | 120.005,455 |
| - N | 50,000 |
| - P | 59.550,000 |
| - V | 516.277,081 |
| - W | 4.454,503 |
| Actions émises au cours de la période	- A | 4.848,564 |
| - B | 3.533,392 |
| - F | 265.784,585 |
| - J | 0,000 |
| - L | 0,000 |
| - M | 2.851,000 |
| - N | 631,000 |
| - P | 4.250,000 |
| - V | 107.718,000 |
| - W | 16,309 |
| Actions remboursées au cours de la période	- A | 18.986,826 |
| - B | 26.600,137 |
| - E | 0,000 |
| - F | 514.141,593 |
| - J | 502,000 |
| - L | 99,900 |
| - M | 47.949,753 |
| - N | 631,000 |
| - P | 32.800,000 |
| - V | 16.243,129 |
| - W | 151,638 |
| Actions en circulation à la fin de la période	- A | 105.754,889 |
| - B | 119.067,004 |
| - E | - |
| - F | 1.717.862,169 |
| - J | 1.326,000 |
| - L | 237,423 |
| - M | 74.906,702 |
| - N | 50,000 |
| - P | 31.000,000 |
| - V | 607.751,952 |
| - W | 4.319,174 |

DPAM L GLOBAL TARGET INCOME
| Actions en circulation au début de la période	- A | 132.745,221 |
| --- | --- |
| - B | 25.215,273 |
| - E | 6.600,000 |
| - F | 306.628,502 |
| - M | 15.495,101 |
| Actions émises au cours de la période	- A | 2.623,804 |
| - B | 278,050 |
| - E | 0,000 |
| - F | 390,000 |
| - M | 0,000 |
| Actions remboursées au cours de la période	- A | 16.127,460 |
| - B | 2.114,809 |
| - F | 25.021,646 |
| - M | 0,000 |
| Actions en circulation à la fin de la période	- A | 119.241,565 |
| - B | 23.378,514 |
| - F | 281.996,856 |
| - M | 15.495,101 |

DPAM L BALANCED CONSERVATIVE SUSTAINABLE
| Actions en circulation au début de la période	- A | 63.623,637 |
| --- | --- |
| - B | 282.616,090 |
| - F | 349,859 |
| - V | 12.119,728 |
| - W | 349,816 |
| Actions émises au cours de la période	- A | 586,902 |
| - B | 48.153,553 |
| - F | 14,000 |
| - V | 1.922,460 |
| - W | 556,291 |
| Actions remboursées au cours de la période	- A | 8.138,835 |
| - B | 12.167,285 |
| - F | 37,000 |
| - V | 2.423,398 |
| - W | 0,000 |
| Actions en circulation à la fin de la période	- A | 56.071,704 |
| - B | 318.602,358 |
| - F | 326,859 |
| - V | 11.618,790 |
| - W | 906,107 |

DPAM L BONDS CLIMATE TRENDS SUSTAINABLE
| Actions en circulation au début de la période	- A | 28.389,000 |
| --- | --- |
| - B | 11.848,443 |
| - F | 380.486,600 |
| - J | 12.913,000 |
| - M | 203.730,550 |
| - P | 1.918,000 |
| - W | 255.824,792 |
| Actions émises au cours de la période	- A | 1.402,000 |
| - B | 5.106,906 |
| - F | 58.173,882 |
| - J | 460,000 |
| - M | 22.444,170 |
| - P | 0,000 |
| - W | 34.025,576 |
| Actions remboursées au cours de la période	- A | 612,000 |
| - B | 2.299,581 |
| - F | 59.327,700 |
| - J | 0,000 |
| - M | 18.279,782 |
| - P | 0,000 |
| - W | 207.140,844 |
| Actions en circulation à la fin de la période	- A | 29.179,000 |
| - B | 14.655,768 |
| - F | 379.332,782 |
| - J | 13.373,000 |
| - M | 207.894,938 |
| - P | 1.918,000 |
| - W | 82.709,524 |

DPAM L BONDS GOVERNMENT SUSTAINABLE
| Actions en circulation au début de la période	- A | 450,000 |
| --- | --- |
| - F | 148.485,000 |
| - F LC | 1.000,000 |
| - J | 3.093,000 |
| - M | 4.427,000 |
| Actions émises au cours de la période	- A | 0,000 |
| - F | 39.690,000 |
| - F LC | 0,000 |
| - J | 110,000 |
| - M | 201,000 |
| Actions remboursées au cours de la période	- A | 450,000 |
| - F | 5.890,000 |
| - F LC | 0,000 |
| - J | 0,000 |
| - M | 400,000 |
| Actions en circulation à la fin de la période	- A | 0,000 |
| - F | 182.285,000 |
| - F LC | 1.000,000 |
| - J | 3.203,000 |
| - M | 4.228,000 |

DPAM L CONVERTIBLE WORLD SUSTAINABLE
| Actions en circulation au début de la période	- B | 102.682,363 |
| --- | --- |
| - F | 61.400,000 |
| - P | 420,000 |
| Actions émises au cours de la période	- B | 0,000 |
| - F | 0,000 |
| - P | 0,000 |
| Actions remboursées au cours de la période	- B | 0,000 |
| - F | 27.400,000 |
| - P | 180,000 |
| Actions en circulation à la fin de la période	- B | 102.682,363 |
| - F | 34.000,000 |
| - P | 240,000 |

DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX
| Actions en circulation au début de la période	- B | 83.095,000 |
| --- | --- |
| - F | 192.490,000 |
| - J | 10.310,000 |
| - M | 2.000,000 |
| - N | 407.046,000 |
| Actions émises au cours de la période	- B | 1.500,000 |
| - F | 406.675,000 |
| - J | 3.185,000 |
| - M | 0,000 |
| - N | 55.056,848 |
| Actions remboursées au cours de la période	- B | 835,000 |
| - F | 8.750,000 |
| - J | 0,000 |
| - M | 400,000 |
| - N | 24.751,146 |
| Actions en circulation à la fin de la période	- B | 83.760,000 |
| - F | 590.415,000 |
| - J | 13.495,000 |
| - M | 1.600,000 |
| - N | 437.351,702 |

| DPAM L BONDS EUR SHORT TERM |
| --- |
|  |
| Actions en circulation au début de la période | - B | 0,000 377.996,674 78.438,670 |
| Actions émises au cours de la période | - B |
| Actions remboursées au cours de la période | - B |
| Actions en circulation à la fin de la période | - B | 299.558,004 |

| Compartiment | Date d’Evaluation | Actif Net Total | Classe d'actions | Actions en Circulation | Valeur de l’Action | Devise |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS EUR QUALITY SUSTAINABLE (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 1.098.285.247,17 1.453.281.534,99 1.498.443.981,22 1.169.258.446,73 | - A | 153.580,271 | 150,10 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 50.194,884 | 591,84 | EUR |
| - E | 10.983,693 | 445,37 | EUR |
| - F | 434.604,339 | 615,58 | EUR |
| - J | 14.155,881 | 26.122,70 | EUR |
| - M | 488.592,691 | 150,95 | EUR |
| - N | 3.265,523 | 595,31 | EUR |
| - P | 500.810,000 | 646,47 | EUR |
| - W | 6.365,583 | 605,39 | EUR |
| - A | 175.040,594 | 151,89 | EUR |
| - B | 56.273,660 | 602,85 | EUR |
| - E | 20.053,693 | 452,50 | EUR |
| - F | 677.589,257 | 629,36 | EUR |
| - J | 20.092,881 | 26.747,59 | EUR |
| - L | 1.913,000 | 552,04 | EUR |
| - M | 608.412,577 | 153,30 | EUR |
| - N | 4.172,735 | 608,38 | EUR |
| - P | 480.699,000 | 662,93 | EUR |
| - W | 6.910,881 | 618,70 | EUR |
| - A | 132.568,005 | 148,55 | EUR |
| - B | 59.995,324 | 591,34 | EUR |
| - E | 28.736,354 | 444,23 | EUR |
| - F | 708.241,536 | 619,75 | EUR |
| - F LC | 1.000,000 | 4,94 | EUR |
| - J | 21.802,184 | 26.378,61 | EUR |
| - L | 84,000 | 540,17 | EUR |
| - M | 603.808,987 | 150,44 | EUR |
| - N | 19.804,298 | 598,79 | EUR |
| - P | 471.763,000 | 654,77 | EUR |
| - W | 7.923,649 | 609,00 | EUR |
| - A | 127.708,436 | 128,06 | EUR |
| - B | 56.780,682 | 512,65 | EUR |
| - E | 28.862,518 | 383,70 | EUR |
| - F | 653.085,235 | 538,30 | EUR |
| - F LC | 1.000,000 | 4,28 | EUR |
| - J | 19.937,184 | 22.928,85 | EUR |
| - L | 23,000 | 467,73 | EUR |
| - M | 581.816,037 | 129,92 | EUR |
| - N | 34.143,083 | 519,97 | EUR |
| - P | 362.669,000 | 569,57 | EUR |
| - W | 7.772,659 | 528,86 | EUR |

| Compartiment | Date d’Evaluation | Actif Net Total | Classe d'actions | Actions en Circulation | Valeur de l’Action | Devise |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS UNIVERSALIS UNCONSTRAINED (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 953.418.774,25 1.237.465.035,52 1.040.144.735,43 993.701.805,81 | - A | 394.574,174 | 144,06 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 383.675,964 | 177,72 | EUR |
| - B CHF | 328,000 | 181,25 | CHF |
| - E | 292.002,406 | 125,44 | EUR |
| - F | 1.895.720,751 | 185,29 | EUR |
| - J | 6.594,702 | 28.507,10 | EUR |
| - M | 613.052,741 | 145,16 | EUR |
| - N | 31.578,308 | 179,04 | EUR |
| - P | 693.610,000 | 196,50 | EUR |
| - V | 1.208,632 | 154,13 | EUR |
| - W | 117.100,224 | 182,08 | EUR |
| - A | 393.087,761 | 145,65 | EUR |
| - B | 464.736,593 | 181,30 | EUR |
| - B CHF | 328,000 | 184,01 | CHF |
| - E | 171.813,153 | 127,43 | EUR |
| - F | 2.907.916,620 | 189,79 | EUR |
| - J | 7.765,702 | 29.257,42 | EUR |
| - M | 742.892,326 | 147,42 | EUR |
| - N | 34.741,923 | 183,35 | EUR |
| - P | 683.890,000 | 202,08 | EUR |
| - V | 2.897,632 | 156,49 | EUR |
| - W | 216.525,433 | 186,42 | EUR |
| - A | 296.581,842 | 144,62 | EUR |
| - B | 356.954,433 | 181,02 | EUR |
| - B CHF | 709,974 | 175,85 | CHF |
| - E | 179.371,839 | 127,13 | EUR |
| - F | 2.104.169,785 | 190,29 | EUR |
| - F LC | 1.000,000 | 5,10 | EUR |
| - J | 8.254,250 | 29.392,21 | EUR |
| - M | 846.902,179 | 147,04 | EUR |
| - N | 31.969,349 | 183,80 | EUR |
| - P | 591.720,000 | 203,42 | EUR |
| - V | 33.475,632 | 156,06 | EUR |
| - W | 57.273,485 | 186,85 | EUR |
| - A | 242.635,995 | 126,96 | EUR |
| - B | 321.961,643 | 160,27 | EUR |
| - B CHF | 709,974 | 150,41 | CHF |
| - E | 248.560,839 | 111,88 | EUR |
| - F | 2.317.012,738 | 168,86 | EUR |
| - F LC | 1.000,000 | 4,52 | EUR |
| - J | 9.940,250 | 26.107,36 | EUR |
| - M | 830.230,211 | 129,38 | EUR |
| - N | 30.951,810 | 163,07 | EUR |
| - P | 560.420,000 | 180,87 | EUR |
| - V | 38.978,632 | 137,31 | EUR |
| - W | 80.974,355 | 165,77 | EUR |

| Compartiment | Date d’Evaluation | Actif Net Total | Classe d'actions | Actions en Circulation | Valeur de l’Action | Devise |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS HIGHER YIELD (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 180.673.248,02 203.342.180,07 141.221.445,62 91.173.789,82 | - A | 980.576,507 | 91,34 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 127.659,524 | 278,87 | EUR |
| - B CHF | 123,392 | 298,34 | CHF |
| - E | 189.890,858 | 103,64 | EUR |
| - F | 24.262,776 | 292,01 | EUR |
| - M | 160.180,842 | 92,07 | EUR |
| - N | 4.893,381 | 281,00 | EUR |
| - P | 36.486,000 | 295,01 | EUR |
| - V | 8.627,772 | 100,39 | EUR |
| - W | 3.330,452 | 286,86 | EUR |
| - A | 1.011.479,663 | 91,28 | EUR |
| - B | 120.162,670 | 288,74 | EUR |
| - B CHF | 187,899 | 306,88 | CHF |
| - E | 189.890,858 | 104,13 | EUR |
| - F | 98.329,675 | 303,57 | EUR |
| - M | 145.367,532 | 92,46 | EUR |
| - N | 4.447,489 | 292,02 | EUR |
| - P | 33.452,000 | 307,93 | EUR |
| - V | 4.657,002 | 100,82 | EUR |
| - W | 3.796,081 | 298,09 | EUR |
| - A | 543.263,509 | 90,65 | EUR |
| - B | 100.928,421 | 294,28 | EUR |
| - B CHF | 269,232 | 299,45 | CHF |
| - E | 197.275,858 | 103,93 | EUR |
| - F | 89.055,261 | 310,83 | EUR |
| - F LC | 1.000,000 | 5,10 | EUR |
| - M | 111.600,272 | 92,25 | EUR |
| - N | 2.889,548 | 298,89 | EUR |
| - V | 8.558,299 | 100,58 | EUR |
| - W | 6.513,081 | 305,09 | EUR |
| - A | 328.562,287 | 78,76 | EUR |
| - B | 85.481,711 | 256,29 | EUR |
| - B CHF | 366,107 | 251,86 | CHF |
| - E | 205.051,858 | 90,54 | EUR |
| - F | 55.405,524 | 271,37 | EUR |
| - F LC | 1.000,000 | 4,45 | EUR |
| - M | 85.483,863 | 80,35 | EUR |
| - N | 2.430,713 | 260,90 | EUR |
| - V | 6.908,223 | 87,61 | EUR |
| - W | 5.940,910 | 266,30 | EUR |

| Compartiment | Date d’Evaluation | Actif Net Total | Classe d'actions | Actions en Circulation | Valeur de l’Action | Devise |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 562.120.308,41 792.148.003,56 954.959.721,23 1.026.058.612,68 | - A | 2.807,837 | 1.341,67 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 23.188,122 | 1.356,20 | EUR |
| - E | 6.659,713 | 1.372,63 | EUR |
| - F | 210.850,617 | 1.643,96 | EUR |
| - J | 4.926,841 | 26.426,26 | EUR |
| - L | 641,634 | 1.339,83 | EUR |
| - M | 5.134,775 | 1.347,07 | EUR |
| - N | 110,000 | 1.362,65 | EUR |
| - P | 10.021,000 | 1.689,24 | EUR |
| - V | 656,951 | 1.382,07 | EUR |
| - W | 11.034,319 | 1.375,07 | EUR |
| - A | 7.983,746 | 1.383,82 | EUR |
| - B | 25.373,563 | 1.399,45 | EUR |
| - E | 9.141,995 | 1.419,50 | EUR |
| - F | 275.016,528 | 1.700,10 | EUR |
| - L | 1.391,639 | 1.379,48 | EUR |
| - P | 14.049,000 | 1.750,42 | EUR |
| - V | 2.093,556 | 1.428,59 | EUR |
| - W | 24.449,296 | 1.421,39 | EUR |
| - A | 8.260,057 | 1.323,35 | EUR |
| - B | 14.882,933 | 1.340,49 | EUR |
| - E | 7.029,997 | 1.361,01 | EUR |
| - F | 280.714,139 | 1.632,46 | EUR |
| - J | 10.888,841 | 26.294,81 | EUR |
| - L | 889,841 | 1.318,67 | EUR |
| - M | 17.403,804 | 1.334,46 | EUR |
| - N | 150,000 | 1.352,05 | EUR |
| - P | 21.850,000 | 1.684,24 | EUR |
| - V | 57.125,519 | 1.368,94 | EUR |
| - W | 22.232,513 | 1.364,31 | EUR |
| - A | 5.963,475 | 1.191,70 | EUR |
| - B | 25.283,562 | 1.207,07 | EUR |
| - E | 6.929,269 | 1.227,25 | EUR |
| - F | 322.365,535 | 1.472,02 | EUR |
| - J | 13.269,841 | 23.724,01 | EUR |
| - L | 1.009,104 | 1.186,18 | EUR |
| - M | 24.842,833 | 1.203,05 | EUR |
| - N | 218,000 | 1.218,89 | EUR |
| - P | 23.305,000 | 1.520,41 | EUR |
| - V | 77.512,171 | 1.234,14 | EUR |
| - W | 22.880,557 | 1.229,98 | EUR |

| Compartiment | Date d’Evaluation | Actif Net Total | Classe d'actions | Actions en Circulation | Valeur de l’Action | Devise |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L EQUITIES CONVICTION RESEARCH (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 277.846.817,78 328.420.264,83 337.510.429,06 270.212.726,81 | - A | 3.619,590 | 1.156,38 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 15.870,395 | 1.362,75 | EUR |
| - F | 13.807,887 | 115,46 | EUR |
| - J | 5.090,659 | 29.078,86 | EUR |
| - M | 20.369,620 | 1.169,90 | EUR |
| - N | 5.171,705 | 1.377,19 | EUR |
| - P | 2.629,000 | 27.179,96 | EUR |
| - A | 2.421,870 | 1.088,33 | EUR |
| - B | 14.998,025 | 1.323,42 | EUR |
| - F | 26.157,887 | 112,60 | EUR |
| - J | 7.074,659 | 28.410,50 | EUR |
| - M | 22.500,571 | 1.105,43 | EUR |
| - N | 3.776,642 | 1.342,54 | EUR |
| - P | 2.708,000 | 26.607,39 | EUR |
| - A | 2.243,857 | 1.267,69 | EUR |
| - B | 12.231,170 | 1.576,37 | EUR |
| - F | 557,887 | 134,94 | EUR |
| - J | 6.229,000 | 34.134,21 | EUR |
| - M | 11.588,126 | 1.295,64 | EUR |
| - N | 1.624,338 | 1.608,33 | EUR |
| - P | 2.654,000 | 32.050,22 | EUR |
| - A | 2.180,870 | 1.059,97 | EUR |
| - B | 11.902,226 | 1.348,95 | EUR |
| - F | 342,887 | 115,84 | EUR |
| - J | 5.901,000 | 29.341,82 | EUR |
| - M | 10.386,272 | 1.086,82 | EUR |
| - N | 1.469,238 | 1.380,41 | EUR |
| - P | 2.368,000 | 27.588,73 | EUR |
| - W | 15,000 | 904,10 | EUR |

| Compartiment | Date d’Evaluation | Actif Net Total | Classe d'actions | Actions en Circulation | Valeur de l’Action | Devise |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS EUR HIGH YIELD SHORT TERM (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 523.387.425,04 343.131.780,14 417.918.503,31 414.790.190,86 | - A | 216.508,330 | 111,85 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 287.362,455 | 137,55 | EUR |
| - E | 186.623,563 | 115,95 | EUR |
| - F | 2.037.637,520 | 142,33 | EUR |
| - F CHF | 2.300,000 | 154,45 | CHF |
| - J | 2.421,153 | 25.413,33 | EUR |
| - L | 19.439,771 | 135,92 | EUR |
| - M | 143.975,996 | 112,52 | EUR |
| - N | 104.395,209 | 138,33 | EUR |
| - P | 197.397,000 | 147,44 | EUR |
| - V | 1.416,557 | 113,01 | EUR |
| - W | 167.760,683 | 140,53 | EUR |
| - A | 190.086,186 | 108,22 | EUR |
| - B | 174.137,377 | 135,25 | EUR |
| - E | 164.050,909 | 112,59 | EUR |
| - F | 1.155.568,332 | 140,34 | EUR |
| - F CHF | 1.600,000 | 151,48 | CHF |
| - J | 2.525,153 | 25.094,22 | EUR |
| - L | 4.083,403 | 133,17 | EUR |
| - M | 118.700,939 | 109,22 | EUR |
| - N | 93.541,789 | 136,34 | EUR |
| - P | 114.888,000 | 145,81 | EUR |
| - V | 837,387 | 109,70 | EUR |
| - W | 84.253,892 | 138,51 | EUR |
| - A | 150.432,201 | 107,86 | EUR |
| - B | 135.404,885 | 136,89 | EUR |
| - E | 148.218,909 | 112,64 | EUR |
| - F | 1.460.941,202 | 142,54 | EUR |
| - F CHF | 300,000 | 147,50 | CHF |
| - F LC | 1.000,000 | 5,03 | EUR |
| - J | 2.953,153 | 25.527,53 | EUR |
| - L | 3.347,334 | 134,38 | EUR |
| - M | 148.186,287 | 109,22 | EUR |
| - N | 103.165,844 | 138,42 | EUR |
| - P | 252.585,000 | 148,55 | EUR |
| - V | 607,387 | 109,71 | EUR |
| - W | 101.520,989 | 140,63 | EUR |
| - A | 139.215,314 | 98,40 | EUR |
| - B | 109.262,882 | 126,92 | EUR |
| - E | 111.647,909 | 102,97 | EUR |
| - F | 1.760.754,189 | 132,40 | EUR |
| - F CHF | 300,000 | 132,34 | CHF |
| - F LC | 1.000,000 | 4,66 | EUR |
| - J | 2.926,153 | 23.730,92 | EUR |
| - L | 3.496,334 | 124,39 | EUR |
| - M | 133.187,272 | 99,82 | EUR |
| - N | 89.102,282 | 128,55 | EUR |
| - P | 317.213,000 | 138,21 | EUR |
| - V | 607,387 | 100,26 | EUR |
| - W | 30.848,680 | 130,61 | EUR |

| Compartiment | Date d’Evaluation | Actif Net Total | Classe d'actions | Actions en Circulation | Valeur de l’Action | Devise |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L PATRIMONIAL FUND (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 102.519.310,22 196.171.263,10 149.816.180,43 121.296.847,48 | - A | 272.317,685 | 114,88 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 271.497,555 | 129,44 | EUR |
| - E | 1.971,381 | 122,63 | EUR |
| - F | 129.974,656 | 135,55 | EUR |
| - M | 102.473,453 | 115,79 | EUR |
| - N | 48.822,478 | 130,38 | EUR |
| - A | 1.251.223,569 | 113,81 | EUR |
| - B | 265.325,490 | 129,85 | EUR |
| - E | 1.971,381 | 122,12 | EUR |
| - F | 54.328,432 | 136,72 | EUR |
| - M | 56.692,693 | 115,26 | EUR |
| - N | 38.932,667 | 131,45 | EUR |
| - A | 808.263,805 | 118,93 | EUR |
| - B | 268.887,176 | 136,37 | EUR |
| - E | 1.971,381 | 128,30 | EUR |
| - F | 53.041,174 | 144,28 | EUR |
| - M | 33.279,428 | 121,06 | EUR |
| - N | 36.654,546 | 138,67 | EUR |
| - A | 727.763,121 | 106,73 | EUR |
| - B | 257.375,932 | 122,96 | EUR |
| - E | 1.971,381 | 115,50 | EUR |
| - F | 38.925,432 | 130,45 | EUR |
| - M | 22.152,097 | 108,96 | EUR |
| - N | 33.952,851 | 125,36 | EUR |

|  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 1.965.768.653,09 2.684.377.276,46 2.791.127.083,29 2.915.210.165,82 | - A | 669.594,387 | 105,92 | EUR |
| - B | 1.071.096,164 | 134,33 | EUR |
| - B CHF | 1.371,268 | 143,28 | CHF |
| - B USD | 184.421,901 | 115,84 | USD |
| - E | 2.084.820,366 | 109,30 | EUR |
| - F | 6.104.651,980 | 139,47 | EUR |
| - F CHF | 35.410,469 | 151,01 | CHF |
| - F USD | 101.040,162 | 124,29 | USD |
| - J | 9.056,809 | 27.892,51 | EUR |
| - L | 23.678,337 | 132,82 | EUR |
| - M | 355.179,584 | 106,83 | EUR |
| - N | 23.056,684 | 135,46 | EUR |
| - N USD | 115.891,750 | 116,32 | USD |
| - P | 625.204,000 | 143,93 | EUR |
| - V | 108.026,000 | 111,00 | EUR |
| - W | 1.540.340,996 | 139,30 | EUR |
| - W CHF | 11.416,000 | 143,66 | CHF |
| - W USD | 1.652,070 | 116,57 | EUR |
| - A | 867.376,343 | 98,07 | EUR |
| - B | 1.457.195,298 | 131,52 | EUR |
| - B CHF | 1.531,268 | 139,37 | CHF |
| - B USD | 148.192,613 | 123,61 | USD |
| - E | 2.604.321,632 | 101,69 | EUR |
| - F | 8.539.804,227 | 137,13 | EUR |
| - F CHF | 96.019,984 | 148,07 | CHF |
| - F USD | 2.320.698,168 | 133,21 | USD |
| - J | 8.874,809 | 27.481,08 | EUR |
| - L | 22.217,525 | 129,51 | EUR |
| - M | 374.217,920 | 99,30 | EUR |
| - N | 30.551,607 | 133,14 | EUR |
| - N USD | 169.189,252 | 124,62 | USD |
| - P | 492.513,000 | 142,09 | EUR |
| - V | 149.315,000 | 109,10 | EUR |
| - W | 1.816.805,692 | 136,92 | EUR |
| - W CHF | 7.365,000 | 140,57 | CHF |
| - W USD | 485.459,126 | 124,85 | EUR |
| - A | 949.019,280 | 93,34 | EUR |
| - B | 720.414,090 | 128,56 | EUR |
| - B CHF | 3.717,000 | 130,65 | CHF |
| - B USD | 132.623,414 | 112,29 | USD |
| - E | 3.050.330,769 | 96,88 | EUR |
| - F | 10.296.616,628 | 134,65 | EUR |
| - F CHF | 73.653,984 | 139,33 | CHF |
| - F USD | 1.730.166,188 | 121,56 | USD |
| - J | 9.456,548 | 27.038,05 | EUR |
| - L | 23.624,961 | 126,06 | EUR |
| - M | 481.528,775 | 94,90 | EUR |
| - N | 18.957,701 | 130,68 | EUR |
| - N USD | 13.752,044 | 113,70 | USD |
| - P | 705.642,000 | 140,08 | EUR |
| - V | 170.206,228 | 107,08 | EUR |
| - W | 1.680.929,037 | 134,38 | EUR |
| - W CHF | 8.632,215 | 132,15 | CHF |
| - W USD | 672.221,661 | 100,14 | EUR |
| - A | 960.875,052 | 88,93 | EUR |
| - B | 621.499,893 | 123,77 | EUR |
| - B CHF | 3.717,000 | 121,50 | CHF |
| - B USD | 164.121,874 | 99,38 | USD |
| - E | 2.881.374,513 | 92,54 | EUR |
| - F | 11.407.418,112 | 129,95 | EUR |
| - F CHF | 69.915,984 | 129,84 | CHF |
| - F USD | 1.424.843,263 | 107,85 | USD |

| Compartiment | Date d’Evaluation | Actif Net Total | Classe d'actions | Actions en Circulation | Valeur de l’Action | Devise |
| --- | --- | --- | --- | --- | --- | --- |

|  |  |  | - J | 11.223,548 | 26.123,28 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - L | 46.591,316 | 121,09 | EUR |
| - M | 461.087,760 | 90,63 | EUR |
| - N | 11.425,279 | 126,10 | EUR |
| - N USD | 6.247,794 | 100,86 | USD |
| - P | 894.227,328 | 135,49 | EUR |
| - V | 172.736,048 | 102,25 | EUR |
| - W | 2.141.855,900 | 129,67 | EUR |
| - W CHF | 7.135,469 | 123,00 | CHF |
| - W USD | 741.627,487 | 96,62 | EUR |

| Compartiment | Date d’Evaluation | Actif Net Total | Classe d'actions | Actions en Circulation | Valeur de l’Action | Devise |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS EUR CORPORATE HIGH YIELD (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 336.882.124,78 438.302.145,99 479.838.120,84 354.760.067,21 | - A | 130.316,513 | 127,32 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 170.439,712 | 145,76 | EUR |
| - E | 57.943,841 | 150,04 | EUR |
| - F | 849.273,726 | 150,04 | EUR |
| - J | 3.771,000 | 27.893,04 | EUR |
| - L | 1.254,141 | 106,37 | EUR |
| - M | 154.156,261 | 128,54 | EUR |
| - N | 50,000 | 133,80 | EUR |
| - P | 68.014,767 | 157,22 | EUR |
| - V | 204.425,000 | 110,46 | EUR |
| - W | 6.206,195 | 147,40 | EUR |
| - A | 126.082,857 | 124,22 | EUR |
| - B | 142.745,169 | 146,88 | EUR |
| - E | 56.732,841 | 147,21 | EUR |
| - F | 1.467.378,404 | 151,81 | EUR |
| - J | 3.417,000 | 28.278,73 | EUR |
| - L | 205,141 | 106,75 | EUR |
| - M | 156.165,860 | 125,93 | EUR |
| - N | 120,000 | 135,37 | EUR |
| - P | 88.266,767 | 159,70 | EUR |
| - V | 304.621,000 | 111,72 | EUR |
| - W | 40.939,313 | 149,07 | EUR |
| - A | 119.893,151 | 123,05 | EUR |
| - B | 142.133,749 | 149,89 | EUR |
| - F | 1.966.219,177 | 155,64 | EUR |
| - J | 1.828,000 | 29.051,88 | EUR |
| - L | 337,323 | 108,50 | EUR |
| - M | 120.005,455 | 125,32 | EUR |
| - N | 50,000 | 138,77 | EUR |
| - P | 59.550,000 | 164,41 | EUR |
| - V | 516.277,081 | 114,48 | EUR |
| - W | 4.454,503 | 152,77 | EUR |
| - A | 105.754,889 | 100,76 | EUR |
| - B | 119.067,004 | 126,73 | EUR |
| - F | 1.717.862,169 | 131,90 | EUR |
| - J | 1.326,000 | 24.649,61 | EUR |
| - L | 237,423 | 91,53 | EUR |
| - M | 74.906,702 | 102,88 | EUR |
| - N | 50,000 | 117,54 | EUR |
| - P | 31.000,000 | 139,65 | EUR |
| - V | 607.751,952 | 93,97 | EUR |
| - W | 4.319,174 | 129,45 | EUR |

| Compartiment | Date d’Evaluation | Actif Net Total | Classe d'actions | Actions en Circulation | Valeur de l’Action | Devise |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L GLOBAL TARGET INCOME (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 81.828.024,87 68.706.805,65 55.406.944,73 45.742.617,07 | - A | 193.642,633 | 103,59 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 66.520,566 | 120,47 | EUR |
| - E | 12.500,000 | 101,32 | EUR |
| - F | 434.772,626 | 116,99 | EUR |
| - M | 15.495,101 | 104,67 | EUR |
| - A | 244.493,527 | 97,19 | EUR |
| - B | 39.339,417 | 116,76 | EUR |
| - E | 10.000,000 | 95,46 | EUR |
| - F | 332.575,426 | 113,86 | EUR |
| - M | 15.495,101 | 98,65 | EUR |
| - A | 132.745,221 | 99,06 | EUR |
| - B | 25.215,273 | 123,00 | EUR |
| - E | 6.600,000 | 97,74 | EUR |
| - F | 306.628,502 | 120,49 | EUR |
| - M | 15.495,101 | 101,01 | EUR |
| - A | 119.241,565 | 87,87 | EUR |
| - B | 23.378,514 | 110,90 | EUR |
| - E | 6.600,000 | 86,89 | EUR |
| - F | 281.996,856 | 108,89 | EUR |
| - M | 15.495,101 | 89,79 | EUR |

| DPAM L BALANCED CONSERVATIVE SUSTAINABLE (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 52.340.166,46 57.263.570,42 68.846.807,07 62.866.013,97 | - A | 71.083,675 | 110,61 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 294.500,131 | 145,53 | EUR |
| - F | 39,600 | 27.826,47 | EUR |
| - V | 2.823,354 |  | EUR |
| - W | 1.408,649 | 145,88 | EUR |
| - A | 66.470,104 | 115,82 | EUR |
| - B | 245.662,983 | 153,76 | EUR |
| - F | 340,843 | 29.606,64 | EUR |
| - V | 12.674,369 | 116,90 | EUR |
| - W | 1.408,649 | 155,16 | EUR |
| - A | 63.623,637 | 126,64 | EUR |
| - B | 282.616,090 | 168,86 | EUR |
| - F | 349,859 | 32.722,86 | EUR |
| - V | 12.119,728 | 128,61 | EUR |
| - W | 349,816 | 171,65 | EUR |
| - A | 56.071,704 | 107,54 | EUR |
| - B | 318.602,358 | 145,04 | EUR |
| - F | 326,859 | 28.203,54 | EUR |
| - V | 11.618,790 | 109,57 | EUR |
| - W | 906,107 | 147,91 | EUR |

| Compartiment | Date d’Evaluation | Actif Net Total | Classe d'actions | Actions en Circulation | Valeur de l’Action | Devise |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE (EUR) | 31.12.2019 31.12.2020 31.12.2021 30.06.2022 | 51.326.850,94 162.338.262,33 479.602.310,01 394.134.862,49 | - A | 3.000,000 | 101,13 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 1.500,000 | 101,12 | EUR |
| - F | 31.500,000 | 101,36 | EUR |
| - J | 713,000 | 25.366,54 | EUR |
| - M | 26.415,000 | 101,33 | EUR |
| - P | 1.060,000 | 25.392,23 | EUR |
| - A | 3.000,000 | 103,92 | EUR |
| - B | 4.373,258 | 103,83 | EUR |
| - F | 38.839,515 | 104,62 | EUR |
| - J | 4.361,000 | 26.232,56 | EUR |
| - M | 51.674,000 | 104,54 | EUR |
| - P | 1.000,000 | 26.312,20 | EUR |
| - W | 107.201,175 | 106,30 | EUR |
| - A | 28.389,000 | 102,83 | EUR |
| - B | 11.848,443 | 102,70 | EUR |
| - F | 380.486,600 | 103,98 | EUR |
| - J | 12.913,000 | 26.126,02 | EUR |
| - M | 203.730,550 | 103,85 | EUR |
| - P | 1.918,000 | 26.258,05 | EUR |
| - W | 255.824,792 | 105,61 | EUR |
| - A | 29.179,000 | 85,14 | EUR |
| - B | 14.655,768 | 85,12 | EUR |
| - F | 379.332,782 | 86,38 | EUR |
| - J | 13.373,000 | 21.726,08 | EUR |
| - M | 207.894,938 | 86,17 | EUR |
| - P | 1.918,000 | 21.857,55 | EUR |
| - W | 82.709,524 | 87,73 | EUR |

| DPAM L BONDS GOVERNMENT SUSTAINABLE (EUR) | 24.01.2020* 31.12.2020 31.12.2021 30.06.2022 | 98.745.000,00 86.938.604,94 90.950.101,35 87.360.376,91 | - F | 193.700,000 | 100,00 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - J | 3.135,000 | 25.000,00 | EUR |
| - P | 40,000 | 25.000,00 | EUR |
| - B | 950,000 | 99,88 | EUR |
| - F | 86.742,805 | 100,63 | EUR |
| - J | 3.093,000 | 25.180,37 | EUR |
| - M | 2.315,000 | 100,08 | EUR |
| - F | 148.485,000 | 97,99 | EUR |
| - F LC | 1.000,000 | 4,98 | EUR |
| - J | 3.093,000 | 24.545,16 | EUR |
| - M | 4.427,000 | 97,42 | EUR |
| - F | 182.285,000 | 88,31 | EUR |
| - F LC | 1.000,000 | 4,48 | EUR |
| - J | 3.203,000 | 22.131,66 | EUR |
| - M | 4.228,000 | 87,77 | EUR |

| Compartiment | Date d’Evaluation | Actif Net Total | Classe d'actions | Actions en Circulation | Valeur de l’Action | Devise |
| --- | --- | --- | --- | --- | --- | --- |

| DPAM L CONVERTIBLE WORLD SUSTAINABLE (EUR) | 30.10.2020* 31.12.2020 31.12.2021 30.06.2022 | 4.420.000,00 28.867.491,23 26.633.847,24 15.584.269,70 | - F | 44.200,000 | 100,00 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 100.000,000 | 101,93 | EUR |
| - F | 91.700,000 | 108,10 | EUR |
| - P | 330,000 | 26.552,74 | EUR |
| - B | 102.682,363 | 95,36 | EUR |
| - F | 61.400,000 | 101,96 | EUR |
| - P | 420,000 | 25.195,48 | EUR |
| - B | 102.682,363 | 76,77 | EUR |
| - F | 34.000,000 | 82,38 | EUR |
| - P | 240,000 | 20.418,03 | EUR |

| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX (EUR) | 07.12.2021* 31.12.2021 30.06.2022 | 322.979.100,00 320.398.198,72 384.745.018,01 | - B | 83.095,000 | 100,00 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - F | 178.690,000 | 100,00 | EUR |
| - J | 10.310,000 | 25.000,00 | EUR |
| - M | 2.000,000 | 100,00 | EUR |
| - N | 388.506,000 | 100,00 | EUR |
| - B | 83.095,000 | 98,18 | EUR |
| - F | 192.490,000 | 98,21 | EUR |
| - J | 10.310,000 | 24.555,38 | EUR |
| - M | 2.000,000 | 98,20 | EUR |
| - N | 407.046,000 | 98,20 | EUR |
| - B | 83.760,000 | 85,53 | EUR |
| - F | 590.415,000 | 85,70 | EUR |
| - J | 13.495,000 | 21.443,12 | EUR |
| - M | 1.600,000 | 85,68 | EUR |
| - N | 437.351,702 | 85,67 | EUR |

| DPAM L BONDS EUR SHORT TERM (EUR) | 02.05.2022* 30.06.2022 | 37.600.348,97 29.354.597,38 | - B | 376.003,49 | 100,00 | EUR |
| --- | --- | --- | --- | --- | --- | --- |
| - B | 299.558,004 | 97,99 | EUR |

*Date de lancement du compartiment

## NOTE 1 - PRINCIPES ET MÉTHODES COMPTABLES
Les états financiers sont préparés conformément aux principes comptables généralement admis à Luxembourg.
- Evaluation du portefeuille-titres et des instruments dérivés
	- La valeur des espèces en caisse ou en dépôt, des effets et des billets payables à vue et des comptes à recevoir, des dépenses payées d'avance, des dividendes et intérêts annoncés ou venus à échéance et non encore touchés est constituée par la valeur nominale de ces avoirs, sauf toutefois s'il s'avère improbable que cette valeur puisse être encaissée ; dans ce dernier cas, la valeur sera déterminée en retranchant un tel montant que la SICAV estimera adéquat en vue de refléter la valeur réelle de ces avoirs.
	- La valeur de toutes valeurs mobilières, instruments du marché monétaire et instruments financiers dérivés qui sont cotés sur une bourse ou négociés sur tout autre marché réglementé, qui fonctionne de manière régulière, est reconnu et ouvert au public est déterminée suivant leur dernier cours disponible.
	- Dans les cas où des investissements de la SICAV sont cotés en bourse ou négociés sur un autre marché réglementé, qui fonctionne de manière régulière, est reconnu et ouvert au public et négociés par des teneurs de marché en dehors du marché boursier sur lequel les investissements sont cotés ou du marché sur lequel ils sont négociés, le Conseil d'Administration pourra déterminer le marché principal pour les investissements en question qui seront dès lors évalués au dernier cours disponible sur ce marché.
	- Les instruments financiers dérivés qui ne sont pas cotés sur une bourse officielle ou négociés sur tout autre marché réglementé, qui fonctionne de manière régulière et est reconnu et ouvert au public, seront évalués en conformité avec la pratique de marché, telle qu'elle pourra être décrite plus en détail dans le Prospectus.
	- La valeur des titres représentatifs de tout Organisme de Placement Collectif ouvert est déterminée suivant la dernière Valeur Nette d’Inventaire officielle par part ou suivant la dernière Valeur Nette d’Inventaire estimative si cette dernière est plus récente que la Valeur Nette d’Inventaire officielle, à condition que la SICAV ait l’assurance que la méthode d’évaluation utilisée pour cette estimation est cohérente avec celle utilisée pour le calcul de la Valeur Nette d’Inventaire officielle.
	- Dans la mesure où :
		- les valeurs mobilières, instruments du marché monétaire et/ou instruments financiers dérivés en portefeuille au Jour d'Evaluation ne sont cotés ou négociés ni à une bourse, ni sur un autre marché réglementé, en fonctionnement régulier, reconnu et ouvert au public ou,
		- pour des valeurs mobilières, dépôts à terme, instruments du marché monétaire, instruments financiers dérivés et/ou titres représentatifs d’Organismes de Placement Collectif cotés et négociés en bourse ou à un tel autre marché mais pour lesquels le prix déterminé suivant les alinéas 1) et 2) n'est pas, de l'avis du Conseil d’Administration, représentatif de la valeur réelle de ces valeurs mobilières, dépôts à terme, instruments du marché monétaire, instruments financiers dérivés et/ou titres représentatifs d’Organismes de Placement Collectif ; le Conseil d’Administration estime la valeur avec prudence et bonne foi.


- Plus ou moins-values nettes réalisées sur investissementsLes plus ou moins-values nettes réalisées sur ventes de titres sont calculées sur base du coût moyen des titres vendus.
- Coût d'acquisition des titres en portefeuillePour les titres libellés en devises autres que la devise du compartiment, le coût d'acquisition est calculé sur base du cours de change en vigueur au jour de l'achat.
- Variation des plus ou moins-values nettes non réaliséesLa variation de la plus ou moins-value non réalisée sur investissements à la fin de l’exercice figure dans le résultat des opérations.
- Revenus, dépenses et provisions y relativesLes intérêts sont comptabilisés chaque jour et les dividendes sont enregistrés à l’ "ex-date". Les intérêts et revenus sont comptabilisés nets des précomptes mobiliers non recouvrables.
- Frais d’établissement et de réorganisationLes frais d’établissement sont amortis linéairement sur une période de cinq ans.

Si le lancement d'un compartiment intervient après la date de lancement de la SICAV, les frais d’établissement en relation avec le lancement du nouveau compartiment seront imputés à ce seul compartiment et pourront être amortis sur un maximum de cinq ans à partir de la date de lancement de ce compartiment.
- Variation du portefeuille-titresLe tableau des variations du portefeuille-titres des compartiments est disponible sans frais au siège social de la SICAV.
- Conversion des devises étrangèresLa comptabilité de la SICAV est tenue en EUR. Les avoirs en banque, les autres actifs nets ainsi que la valeur boursière des titres en portefeuille en d'autres devises que le EUR sont convertis en EUR aux cours de change en vigueur à la date de clôture.

Les revenus et frais en devises autres que le EUR sont convertis en EUR aux cours de change en vigueur à la date de paiement.
- Etats financiers combinésLes états financiers combinés de la SICAV sont établis en EUR et sont égaux à la somme des rubriques correspondantes dans les états financiers de chaque compartiment.
- Investissements croisésLes investissements croisés entre compartiments de la SICAV n'ont pas été soustraits au niveau de l'état combiné du patrimoine. Au 30 juin 2022, le montant total des investissements croisés est de EUR 47.898.661,67 et par conséquent, l'actif net combiné sans les investissements croisés est de EUR 8.328.351.747,08.

NOTE 2 - TAUX DE CHANGE
| 1  EUR	= | 1,00090 | CHF |
| --- | --- | --- |
| 1  EUR	= | 1,04545 | USD |

NOTE 3 - TAXES ET FRAIS À PAYER
| Commission de gestion | 7.428.791,62 | EUR |
| --- | --- | --- |
| Commission de banque dépositaire | 544.481,08 | EUR |
| Taxe d'abonnement | 375.242,22 | EUR |
| Frais et commissions divers | 1.698.698,78 | EUR |
| Total | 10.047.213,70 | EUR |

NOTE 4 - COMMISSION SUR SOUSCRIPTION, REMBOURSEMENT ET CONVERSION D'ACTIONS

### Droit d’entrée
Les souscriptions des compartiments sont acceptées sur base de la Valeur Nette d'Inventaire du Jour d'Evaluation, majorée d'un droit d'entrée aux taux suivants au profit des agents actifs dans la commercialisation et le placement des parts :
| Classe d’actions | Droit d’entrée |
| --- | --- |
| A | Max. 2% |
| B, B CHF, B EUR HEDGED, B USD HEDGED | Max. 2% |
| E | Max. 1% |
| F, F CHF, F LC, F USD | Max. 1% |
| J | 0% |
| L | Max. 2% |
| M, M USD | Max. 1% |
| N, N USD | Max. 1% |
| P | 0% |
| V, V EUR HEDGED | Max. 2% |
| W, W CHF, W, W EUR HEDGED, W USD | Max. 2% |
| Z | 0% |

En outre, un droit d’entrée de 0,25% sera prélevé et entièrement reversé dans le compartiment DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX. Ce droit ne sera pas prélevé sur la souscription initiale de DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX.

### Droit de conversion
Différence du droit d’entrée respectif des compartiments concernés pour autant que le droit d’entrée prélevé au titre du compartiment désinvesti soit inférieur au droit d’entrée prélevé au titre du compartiment investi, au profit des agents placeurs et/ou des distributeurs.

## NOTE 5 - COMMISSIONS DE GESTION ET DE PERFORMANCE
La SICAV a désigné DEGROOF PETERCAM ASSET SERVICES S.A. en tant que société de gestion (la "Société de Gestion"). La Société de Gestion a délégué, sous sa responsabilité et son contrôle, la gestion de tous les compartiments de la SICAV à DEGROOF PETERCAM ASSET MANAGEMENT S.A./N.V., à l'exception des compartiments DPAM L BONDS EUR SHORT TERM et DPAM L CONVERTIBLE WORLD SUSTAINABLE géré par DEGROOF PETERCAM ASSET MANAGEMENT SUCCURSALE FRANCE.
Le Gestionnaire perçoit mensuellement une commission de gestion (commission à charge du compartiment) aux taux indiqués ci-dessous :
| Compartiments | Classe d'actions émises | Commission de gestion (%) |
| --- | --- | --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE | A, B, B CHF et B USD HEDGED | Max 0,60 % p.a. |
| B LC | Max 1,20 % p.a. |
| E, F, F CHF, M, N, V et W | Max 0,30 % p.a. |
| F LC | Max 0,60 % p.a. |
| J | Max 0,15 % p.a. |
| L | Max 0,90% p.a. |
| P | 0,00 % p.a. |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | A, B et B CHF | Max 0,80 % p.a. |
| B LC | Max 1,20 % p.a. |
| E, F, F CHF, V et W | Max 0,40 % p.a. |
| F LC | Max 0,60 % p.a. |
| J | Max 0,21 % p.a. |
| L | Max 1,23 % p.a. |
| M et N | Max 0,40 % p.a. |
| P | 0,00 % p.a. |
| DPAM L BONDS HIGHER YIELD | A, B et B CHF | Max 0,90 % p.a. |
| B LC | Max 1,20 % p.a. |
| E, F, F CHF, M, N, V et W | Max 0,45 % p.a. |
| F LC | Max 0,60 % p.a. |
| J | Max 0,225 % p.a. |
| L | Max 1,35 % p.a. |
| P | 0,00 % p.a. |
| DPAM L BONDS GOVERNEMENT SUSTAINABLE | A, B et B CHF | Max 0,45 % p.a. |
| B LC | Max 1,20 % p.a. |
| E, F, F CHF, M, N, V et W | Max 0,225 % p.a. |
| F LC | Max 0,60 % p.a. |
| J, Z | Max 0,11 % p.a. |
| L | Max 0,675 % p.a. |
| P | 0,00 % p.a. |
| DPAM L BONDS GOVERNEMENT SUSTAINABLE HEDGED | A, B et B CHF | Max 0,45 % p.a. |
| B LC | Max 1,20 % p.a. |
| E, F, F CHF, M, N, V et W | Max 0,225 % p.a. |
| F LC | Max 0,60 % p.a. |
| J, Z | Max 0,11 % p.a. |
| L | Max 0,675 % p.a. |
| P | 0,00% p.a. |
| DPAM L EQUITIES CONVICTION RESEARCH | A, B et B CHF | Max 1,10 % p.a. |
| E, F, F CHF, M, N, V et W | Max 0,55 % p.a. |
| J | Max 0,28 % p.a. |
| P | 0,00 % p.a. |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM | A, B et BCHF | Max 0,65 % p.a. |
| E, F, F CHF, M, N et V J | Max 0,325 % p.a. Max 0,16 % p.a. |
| L | Max 0,975 % p.a. |
| P | 0,00 % p.a. |
| DPAM L PATRIMONIAL FUND | A, B, B CHF | Max 1,00 % p.a. |
| E, F, F CHF, M, N, V et W | Max 0,50 % p.a. |
| P | 0,00 % p.a. |

| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | A, B, B CHF, B EUR HEDGED et B USD E, F, F CHF, F USD, M, M USD, N, N USD, V, V EUR HEDGED, W, W CHF, W USD, W EUR HEDGED J L | Max 0,90 % p.a. Max 0,45 % p.a. Max 0,225 % p.a. Max 1,35 % p.a. |
| --- | --- | --- |
| DPAM L BONDS EUR CORPORATE HIGH YIELD | A et B | Max 0,90 % p.a. |
| E, F, M, N, V et W | Max 0,45 % p.a. |
| J | Max 0,225 % p.a. |
| L | Max 1,35 % p.a. |
| P | 0,00 % p.a. |
| DPAM L GLOBAL TARGET INCOME | A et B | Max 0,85 % p.a. |
| E, F, V et W | Max 0,45 % p.a. |
| M, N | Max 0,425 % p.a. |
| P | 0,00 % p.a. |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE | A et B | Max 1,15 % p.a. |
| E, F, M, N, V et W | Max 0,575 % p.a. |
| DPAM L CLIMATE TRENDS SUSTAINABLE | A et B | Max 0,80 % p.a. |
| E, F, M, N, V et W | Max 0,40 % p.a. |
| J | Max 0,20 % p.a. |
| L | Max 1,20 % p.a. |
| P | 0,00 % p.a. |
| DPAM L CONVERTIBLE WORLD SUSTAINABLE | A et B | Max 1,20 % p.a. |
| E, F, M, N, V et W | Max 0,60 % p.a. |
| J | Max 0,30 % p.a. |
| L | Max 1,80 % p.a. |
| P | 0,00 % p.a. |
| DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX | A, B, B USD | Max 0,60 % p.a. |
| E, F, M, N, N USD, V, W | Max 0,30 % p.a. |
| J | Max 0,15 % p.a. |
| L | Max 0,90 % p.a. |
| P | 0,00 % p.a. |
| DPAM L BONDS EUR SHORT TERM | A, B | Max 0,60 % p.a. |
| E, F, M, N, V, W | Max 0,30 % p.a. |
| J | Max 0,15 % p.a. |
| L | Max 0,90 % p.a. |
| P | 0,00 % p.a. |

Pour les compartiments suivants : DPAM L Bonds EUR Short Term, DPAM L Equities Conviction Research et DPAM L Patrimonial Fund, le Gestionnaire est en droit de percevoir, sur les actifs nets de la Classe d'actions concernée du Compartiment concerné, une commission de performance (la « Commission de performance ») calculée en comparant la performance de la Valeur Nette d'Inventaire par action (la
« VNI ») à celle de l'Indice de référence sur la même période de temps, ainsi qu’à un High Water Mark (« HWM »).
La période de référence de la performance (« Période de Référence de la Performance » ou « PRP ») est la période au cours de laquelle la performance est mesurée et dure 5 ans, et ce, de manière glissante. À la fin de cette période, le mécanisme de compensation de la sous-performance passée (ou de la performance négative) peut être réinitialisé.
La Commission de performance est calculée et comptabilisée pour chaque Classe d'actions au sein d'un Compartiment, chaque Jour d'évaluation.
La Commission de performance est mesurée sur une période de calcul (ci-après la « Période de calcul ») correspondant à un exercice du Fonds.
Le taux de Commission de performance applicable est fixé à :
| DPAM L Bonds EUR Short Term | 20% pour toutes les classes et l’indice de référence utilisé pour calculer la Commission de performance est le composite 20% €STR (ticker : EXDMESTC Index) + 80% IBOX Euro Corporate 1- 3 ans (ticker : QW5C Index) (l’« Indice de référence »). |
| --- | --- |
| DPAM L Equities Conviction Research | 20% pour toutes les classes et l’indice de référence utilisé pour calculer la Commission de performance est le MSCI Europe Net Total Return libellé en EUR (ticker : MSDEE15N) (l’« Indice de référence »). |
| DPAM L Patrimonial Fund | 10% pour toutes les classes et l’indice de référence utilisé pour calculer la Commission de performance est le Euribor 3M (ticker : EUR003M) (l’« Indice de référence »). |

Pour chaque Période de calcul et aux fins de calcul de la Commission de performance, chaque année commence le dernier Jour ouvrable de chaque exercice du Fonds et se termine le dernier Jour ouvrable de l'exercice du Fonds suivant. Pour toute Classe d'Action lancée au cours d'une Période de calcul, la première Période de calcul durera au moins 12 mois et se terminera le dernier Jour Ouvrable de l'exercice du Fonds suivant.
En cas de sous-performance, la Période de calcul dure au maximum 5 exercices appliqués de manière glissante.
Ce n'est qu'à l'issue d’une PRP de cinq années globalement en sous-performance que les pertes peuvent être partiellement compensées, sur une base annuelle glissante, par l'annulation de la première année de performance de la PRP en cours pour la Classe. Au sein de la PRP en question, les pertes de la première année peuvent être compensées par les gains réalisés au cours des années suivantes dans cette PRP.
Chaque fois qu'une Période de calcul commence, la VNI et l'Indice de référence à prendre en compte pour le calcul de la Performance relative à cette Période de calcul sont basés sur la VNI et l'Indice de référence du dernier Jour ouvrable de l'exercice du Fonds précédent.
La première année de la Période de calcul commencera (i) :
- le dernier Jour ouvrable de l'exercice du Fonds, ou
- à la date de lancement de chaque Classe d'actions lancée après le dernier Jour ouvrable de l'exercice du Fonds.

La Commission de performance est calculée sur la base de la surperformance de la VNI par rapport à l'Indice de référence. Elle est calculée après déduction de toutes les dépenses et de tous les frais (à l'exclusion de toute Commission de performance accumulée mais non encore payée) et y compris les souscriptions (sous réserve de ce qui suit), les rachats et les distributions de dividendes pendant la Période de calcul concernée.
| Nonobstant ce qui précède, la Commission de performance n'est due que si la performance de la VNI dépasse celle de l’Indice de référence au cours de la PRP. Dans ce cas, afin de déterminer la Commission de performance, le taux de commission de performance est appliqué à la différence entre : - la dernière VNI par action calculée à la fin d'une Période de calcul, et
- la plus élevée des deux valeurs suivantes :(ii.a) la VNI précédente sur laquelle une Commission de performance a été cristallisée au dernier jour ouvrable l'exercice financier du Fonds de la PRP en cours OU de la VNI initiale si aucune Commission de performance n’a jamais été payée (uniquement dans le cadre de la 1ère PRP) (le "HWM"), ou(ii.b) cette même VNI mais ajustée par la variation de l’Indice de référence sur la même Période de calcul.
 La Commission de performance est accumulée et calculée lors de chaque Jour d’évaluation. Sauf indication contraire ci-dessus et sous réserve des dispositions du paragraphe ci-dessous, la Commission de performance accumulée est payable annuellement à terme échu à la fin de la Période de calcul. La surperformance de la VNI par rapport à l'Indice de référence est déterminée par la différence entre la performance de la VNI concernée et celle de l'Indice de référence sur la même période. La performance de la VNI est la variation de la VNI entre le Jour d'évaluation concerné et la VNI à la fin de la Période de calcul précédente (qui sera minorée des dividendes versés aux actionnaires). La performance de l'Indice de référence est la variation de l'Indice de référence sur la même période que la Période de calcul de la performance de la VNI. Le Gestionnaire en investissements percevra la Commission de performance à la fin de la Période de calcul pour autant que la performance de la VNI de la Classe d'actions concernée soit supérieure à celle de l'Indice de référence. La fréquence de cristallisation est annuelle et survient le dernier Jour ouvrable de l'exercice du Fonds. |
| --- |
| NOTE 6 - COMMISSION DE BANQUE DÉPOSITAIRE |
| En rémunération de ses fonctions de dépositaire de la SICAV, le Dépositaire recevra à charge de chaque compartiment de la SICAV une commission annuelle au taux maximum de 0,025% p.a. + TVA si applicable, exclusion faite des frais de transactions et des frais de correspondants. Cette commission est payable trimestriellement et calculée sur base des actifs nets moyens de chaque compartiment au cours du trimestre sous revue. |
| NOTE 7 - TAXE D'ABONNEMENT |
| La SICAV est régie par les lois luxembourgeoises. En vertu de la législation et des règlements actuellement en vigueur, la SICAV est soumise à une taxe d'abonnement au taux annuel de 0,05% de l’actif net et calculée et payable par trimestre, sur base de l'actif net à la fin de chaque trimestre. |

| Toutefois, pour les compartiments concernés, un taux réduit de 0,01% est applicable pour les classes d’actions réservées à des investisseurs institutionnels. Conformément à l’article 175 a) de la loi du 17 décembre 2010, la partie des actifs nets investis en OPC déjà soumis à la taxe d’abonnement est exonérée de cette taxe. |
| --- |
| NOTE 8 - TAXE ANNUELLE BELGE |
| Les articles 161 à 162 du Code belge des droits de succession, tel que amendés par une loi belge du 22 décembre 2003 imposent aux Organismes de Placement Collectif autorisés à la commercialisation officielle en Belgique, le paiement d’une taxe annuelle de 0,0925% sur le total, au 31 décembre de l’année précédente, des montants nets souscrits en Belgique, à partir de leur inscription auprès de l’Autorité des Services et Marchés Financiers ("FSMA"). Les articles 161 à 162 amendés précités sont entrés en vigueur le 1er janvier 2004. La SICAV est obligée de s’acquitter de cette taxe au 31 mars de chaque année. Le 13 mai 2004, la SICAV a introduit une plainte contre l’Etat belge auprès de la Commission Européenne pour demander l’annulation de l’obligation de payer la taxe annuelle et pour demander le remboursement des taxes déjà payées. Le 16 décembre 2010, la SICAV a déposé une plainte actualisée auprès de la Commission Européenne. Les frais légaux associés à cette plainte sont supportés par la SICAV. Le 9 février 2006, la SICAV a cité l’Etat belge en restitution de cette taxe devant le Tribunal de première instance de Bruxelles. La SICAV a continué à mettre en demeure l'Etat belge visant à obtenir le remboursement de cette taxe payée pour les exercices suivants, sans suite favorable. Dès lors, elle prépare des citations devant le tribunal pour ces exercices. Dans deux cas similaires, le Tribunal de première instance de Bruxelles jugeait fin 2011 et au courant de 2012 que cette taxe viole un article de la Convention préventive de la double imposition entre la Belgique et le Luxembourg et en déduit qu’elle ne pouvait pas être établie. L’Etat belge a fait appel contre ces décisions. Par arrêt prononcé le 23 octobre 2014 par la Cour d’appel de Bruxelles, la Cour d’appel sursoit à statuer et soumet diverses questions préjudicielles à la Cour de justice européenne. La loi du 17 juin 2013 portant des dispositions fiscales et financières et des dispositions relatives au développement durable (Moniteur Belge 28 juin 2013) a porté le taux de la taxe annuelle sur les Organismes de Placement Collectif établie par l’article 161bis du Code droits de succession à 0,0965% avec effet au 1er janvier 2013 et à 0,0925% avec effet au 1er janvier 2014. |
| NOTE 9 - "SWING PRICING" |
| Le swing pricing est un mécanisme qui permet aux différents compartiments de la SICAV de régler les frais des transactions découlant des souscriptions et des rachats par les investisseurs entrants et sortants. Grâce au swing pricing, les investisseurs existants ne devront en principe plus supporter indirectement les frais de transaction, qui seront dès lors directement intégrés au calcul de la VNI et pris en charge par les investisseurs entrants et sortants. |

Le mécanisme est appliqué au niveau du compartiment à toutes les classes d'actions et n'est pas destiné à répondre aux spécificités de chaque investisseur individuellement.
Les compartiments appliquent un swing pricing partiel ce qui signifie que l’adaptation de la VNI n’intervient que lorsqu’une valeur seuil définie est atteinte. Le Conseil d’Administration détermine une valeur seuil en tant qu’élément déclencheur pour les souscriptions ou rachats nets. Cette valeur seuil est définie par compartiment et s’exprime sous forme de pourcentage du total des actifs nets du compartiment en question.
Dans le cadre du swing pricing, la VNI est corrigée, à chaque VNI où la valeur seuil est dépassée, des frais des transactions nets.
L’orientation du swing découle des flux nets de capitaux applicables à une VNI. En cas d’entrées nettes de capitaux, le swing factor lié aux souscriptions d’actions du compartiment est ajouté à la VNI et en cas de rachats nets, le swing factor lié aux rachats des actions du compartiment en question est déduit de la VNI. Dans les deux cas, tous les investisseurs entrants/sortants à une date donnée se voient appliquer une seule et même VNI.
Les swing factors utilisés pour l’ajustement de la VNI sont calculés sur la base des frais de courtage externes, des impôts et droits ainsi que des estimations d’écarts entre cours acheteur et cours vendeur des transactions que le compartiment exécute suite aux souscriptions ou aux rachats d’actions.
Toute commission de performance, s’il y a, sera appliquée sur la base de la VNI « non swingée ».
La valeur du swing factor sera déterminée par le Conseil d’Administration et pourra varier de compartiment en compartiment sans pour autant dépasser 3% de la VNI non ajustée.
Pour la période en cours, il y a eu du "Swing Pricing" appliqué sur les valeurs nettes d'inventaire des compartiments suivants :
- DPAM L BONDS UNIVERSALIS UNCONSTRAINED
- DPAM L BONDS HIGHER YIELD
- DPAM L BONDS EUR HIGH YIELD SHORT TERM
- DPAM L BONDS EUR CORPORATE HIGH YIELD
- DPAM L BALANCED CONSERVATIVE SUSTAINABLE
- DPAM L BONDS GOVERNMENT SUSTAINABLEAucun swing factor n'a été appliqué sur les valeurs nettes d'inventaires de clôture de cette période sur l'ensemble des compartiments de la SICAV.


## NOTE 10 - CHANGES À TERME
Au 30 juin 2022, les opérations à terme suivantes ont été conclues auprès de la contrepartie Banque Degroof Petercam Luxembourg S.A. :
DPAM L BONDS GOVERNMENT SUSTAINABLE HEDGED :
| Echéance | Devise Achetée | Montant Acheté | Devise Vendue | Montant Vendu | + / - Value Non Réalisée ( EN  EUR) | Engagement (en EUR) |
| --- | --- | --- | --- | --- | --- | --- |
|  |
| 15/07/2022 | EUR | 46.036.339,17 | AUD | 68.410.000,00 | 1.071.225,44 | 44.996.219,15 |
| 15/07/2022 | EUR | 2.965.752,97 | CAD | 4.000.000,00 | 1.859,73 | 2.966.148,80 |
| 15/07/2022 | EUR | 78.022.156,81 | CAD | 105.500.000,00 | -150.527,51 | 78.232.174,60 |
| 15/07/2022 | EUR | 14.504.351,31 | CHF | 14.500.000,00 | 17.751,78 | 14.486.961,60 |
| 15/07/2022 | EUR | 67.826.171,21 | CHF | 70.000.000,00 | -2.109.136,87 | 69.937.056,00 |
| 15/07/2022 | EUR | 42.341.327,56 | DKK | 315.000.000,00 | -22.530,25 | 42.357.766,50 |
| 15/07/2022 | EUR | 11.964.729,59 | DKK | 89.000.000,00 | -4.741,35 | 11.967.749,90 |
| 05/07/2022 | CAD | 2.000.000,00 | EUR | 1.483.789,60 | -1.127,37 | 1.483.074,40 |
| 15/07/2022 | JPY | 1.584.600.000 | EUR | 11.086.592,40 | 70.209,85 | 11.156.825,35 |
| 15/07/2022 | GBP | 1.500.000,00 | EUR | 1.744.957,07 | -3.610,44 | 1.742.565,00 |
| 15/07/2022 | USD | 1.500.000,00 | EUR | 1.442.120,49 | -8.563,59 | 1.434.788,85 |
| 15/07/2022 | CAD | 4.000.000,00 | EUR | 2.964.873,66 | -1.314,76 | 2.966.148,80 |
| 15/07/2022 | AUD | 2.000.000,00 | EUR | 1.336.952,02 | -22.540,71 | 1.315.486,60 |
| 15/07/2022 | DKK | 10.000.000,00 | EUR | 1.344.553,18 | 207,88 | 1.344.691,00 |
| 15/07/2022 | CHF | 2.300.000,00 | EUR | 2.209.106,32 | 88.733,48 | 2.297.931,84 |
| 15/07/2022 | NZD | 5.000.000,00 | EUR | 2.999.112,26 | -28.200,31 | 2.973.624,00 |
| 15/07/2022 | GBP | 1.500.000,00 | EUR | 1.741.108,74 | 240,58 | 1.742.565,00 |
| 15/07/2022 | EUR | 60.366.749,88 | GBP | 51.750.000,00 | 286.002,05 | 60.118.492,50 |
| 15/07/2022 | EUR | 60.269.828,70 | JPY | 8.447.600.000 | 788.017,37 | 59.477.721,73 |
| 15/07/2022 | EUR | 3.799.204,63 | NOK | 38.500.000,00 | 74.166,41 | 3.727.458,35 |
| 15/07/2022 | EUR | 15.542.905,02 | NOK | 157.675.000,00 | 287.180,31 | 15.265.636,24 |
| 15/07/2022 | EUR | 82.139.207,53 | NZD | 135.520.000,00 | 1.605.866,31 | 80.597.104,90 |
| 15/07/2022 | EUR | 6.255.380,37 | NZD | 10.500.000,00 | 15.710,34 | 6.244.610,40 |
| 15/07/2022 | EUR | 40.611.061,77 | SEK | 425.210.000,00 | 932.988,66 | 39.690.462,07 |
| 15/07/2022 | EUR | 1.610.530,82 | USD | 1.730.000,00 | -42.874,11 | 1.654.789,81 |
| 15/07/2022 | EUR | 53.452.095,13 | USD | 57.550.000,00 | -1.549.901,13 | 55.048.065,55 |
|  |  |  |  | Total | 1.295.091,79 | 615.226.118,94 |

Au titre de ces contrats dérivés OTC, le compartiment maintenait auprès de Banque Degroof Petercam Luxembourg S.A. un collatéral de EUR 2.160.000,00 en défaveur de la contrepartie à la clôture. Ce collatéral en espèces vise, suite à l’absence d’appel de marge, à couvrir totalement la contrepartie du risque d’un éventuel défaut du compartiment.
DPAM L PATRIMONIAL FUND :
| Echéance | Devise Achetée | Montant Acheté | Devise Vendue | Montant Vendu | + / - Value Non Réalisée ( EN  EUR) | Engagement (en EUR) |
| --- | --- | --- | --- | --- | --- | --- |
|  |
| 30/09/2022 | EUR | 11.763.488,02 | USD | 12.500.000,00 | -120.769,74 | 11.956.573,75 |
| Total | -120.769,74 | 11.956.573,75 |

Au titre de ces contrats dérivés OTC, le compartiment maintenait auprès de Banque Degroof Petercam Luxembourg S.A. un collatéral de EUR 570.000,00 en faveur de la contrepartie à la clôture. Ce collatéral en espèces vise, suite à l’absence d’appel de marge, à couvrir totalement la contrepartie du risque d’un éventuel défaut du compartiment.
DPAM L BONDS EMERGING MARKETS SUSTAINABLE :
| Echéance | Devise Achetée | Montant Acheté | Devise Vendue | Montant Vendu | + / - Value Non Réalisée ( EN  EUR) | Engagement (en EUR) |
| --- | --- | --- | --- | --- | --- | --- |
|  |
| 14/09/2022 | JPY | 700,000,000 | EUR | 4,952,771.78 | -23,700.40 | 4,928,548.37 |
| 13/07/2022 | USD | 30,000,000.00 | EUR | 28,696,874.91 | -22,343.77 | 28,695,777.00 |
| 26/07/2022 | USD | 30,000,000.00 | EUR | 28,682,607.82 | -32,413.57 | 28,695,777.00 |
| 14/09/2022 | SGD | 20,000,000.00 | EUR | 13,520,365.05 | 152,139.76 | 13,746,176.00 |
| 10/11/2022 | USD | 13,531,799.73 | IDR | 200,000,000,000.00 | 188,875.35 | 25,783,516.92 |
| 27/07/2022 | USD | 13,664,935.77 | IDR | 200,000,000,000.00 | 248,290.95 | 25,910,864.99 |
| 27/07/2022 | USD | 13,677,084.05 | IDR | 200,000,000,000.00 | 259,911.09 | 25,922,485.13 |
| 14/09/2022 | USD | 30,483,674.30 | IDR | 450,000,000,000.00 | 377,492.27 | 58,048,424.00 |
| 14/09/2022 | USD | 20,519,835.84 | IDR | 300,000,000,000.00 | 440,466.63 | 38,887,754.44 |
| 14/09/2022 | USD | 15,566,140.53 | KRW | 20,000,000,000.00 | 134,757.79 | 29,623,416.58 |
| 27/07/2022 | USD | 4,811,185.04 | MXN | 100,000,000.00 | -116,886.14 | 9,342,993.10 |
| 14/09/2022 | USD | 22,562,158.75 | MYR | 100,000,000.00 | -34,190.60 | 43,283,389.20 |
| 14/09/2022 | EUR | 30,000,000.00 | USD | 31,796,850.00 | -262,400.94 | 30,414,510.56 |
| 26/09/2022 | EUR | 30,000,000.00 | USD | 32,038,950.00 | -468,746.99 | 30,646,085.48 |
| 14/09/2022 | IDR | 300,000,000,000.00 | USD | 20,377,666.08 | -310,611.58 | 38,751,765.39 |
| 10/11/2022 | IDR | 200,000,000,000.00 | USD | 13,525,393.93 | -189,701.48 | 25,777,389.60 |
| 07/09/2022 | EUR | 20,000,000.00 | USD | 21,345,000.00 | -327,011.21 | 20,417,045.34 |
| 13/07/2022 | EUR | 30,000,000.00 | USD | 31,900,350.00 | -491,377.19 | 30,513,510.99 |
| 14/09/2022 | CLP | 20,000,000,000.00 | USD | 23,630,047.97 | -2,526,199.83 | 43,022,752.90 |
| 26/09/2022 | CLP | 20,000,000,000.00 | USD | 21,907,964.64 | -903,939.93 | 41,375,535.59 |
| 26/10/2022 | GHS | 37,531,000.00 | USD | 5,000,000.00 | -789,263.51 | 9,258,839.28 |
| 14/09/2022 | EUR | 20,000,000.00 | USD | 20,976,200.00 | 36,067.26 | 20,064,278.58 |
| 26/07/2022 | EUR | 30,000,000.00 | USD | 32,281,800.00 | -830,273.47 | 30,878,377.80 |
| 14/09/2022 | CLP | 10,000,000,000.00 | USD | 11,106,791.80 | -575,372.38 | 20,833,934.02 |
| 27/09/2022 | EUR | 5,788,376.94 | ZAR | 100,000,000.00 | 38,850.39 | 5,838,720.00 |
| 27/09/2022 | USD | 9,254,689.04 | ZAR | 150,000,000.00 | 176,866.35 | 17,610,429.76 |
| 14/09/2022 | USD | 30,834,505.04 | ZAR | 500,000,000.00 | 536,021.80 | 58,687,602.68 |
| 14/09/2022 | EUR | 6,112,038.36 | ZAR | 104,000,000.00 | 119,153.84 | 6,072,268.80 |

| 26/09/2022 | USD | 22,219,890.51 | ZAR | 360,000,000.00 | 430,546.08 | 42,273,292.77 |
| --- | --- | --- | --- | --- | --- | --- |
| 27/09/2022 | USD | 18,490,440.44 | ZAR | 300,000,000.00 | 335,618.37 | 35,202,745.18 |
|  |  |  |  | Total | -4,429,375.06 | 840,508,207.47 |

Au titre de ces contrats dérivés OTC, le compartiment maintenait auprès de Banque Degroof Petercam Luxembourg S.A. un collatéral de EUR 6.720.000,00 en faveur de la contrepartie à la clôture. Ce collatéral en espèces vise, suite à l’absence d’appel de marge, à couvrir totalement la contrepartie du risque d’un éventuel défaut du compartiment.
DPAM L BONDS GOVERNMENT SUSTAINABLE :
| Echéance | Devise Achetée | Montant Acheté | Devise Vendue | Montant Vendu | + / - Value Non Réalisée ( EN  EUR) | Engagement (en EUR) |
| --- | --- | --- | --- | --- | --- | --- |
|  |
| 15/07/2022 | EUR | 1.716.322,22 | AUD | 2.550.000,00 | 40.236,27 | 1.677.245,42 |
| 15/07/2022 | CHF | 2.500.000,00 | EUR | 2.420.756,53 | 76.894,61 | 2.497.752,00 |
| 15/07/2022 | EUR | 2.334.648,52 | GBP | 2.000.000,00 | 12.687,25 | 2.323.420,00 |
| 15/07/2022 | EUR | 1.394.208,10 | NZD | 2.300.000,00 | 27.423,24 | 1.367.867,04 |
|  |  |  |  | Total | 157.241,37 | 7.866.284,46 |

Au titre de ces contrats dérivés OTC, il n'y a pas de collatéral maintenu auprès de la contrepartie Banque Degroof Petercam Luxembourg S.A..
DPAM L CONVERTIBLE WORLD SUSTAINABLE :
| Echéance | Devise Achetée | Montant Acheté | Devise Vendue | Montant Vendu | + / - Value Non Réalisée ( EN  EUR) | Engagement (en EUR) |
| --- | --- | --- | --- | --- | --- | --- |
|  |
| 30/09/2022 | EUR | 199.227,00 | AUD | 300.000,00 | 2.997,73 | 197.322,99 |
| 30/09/2022 | USD | 2.000.000,00 | EUR | 1.882.795,95 | 18.605,85 | 1.913.051,80 |
| 30/09/2022 | USD | 400.000,00 | EUR | 359.502,09 | 20.883,81 | 382.610,36 |
| 30/09/2022 | GBP | 350.000,00 | EUR | 412.516,94 | -8.189,18 | 406.598,50 |
| 30/09/2022 | JPY | 45.000.000 | EUR | 320.152,53 | -3.276,35 | 316.835,25 |
| 30/09/2022 | JPY | 50.000.000 | EUR | 349.706,60 | 2.377,28 | 352.039,17 |
| 30/09/2022 | JPY | 10.000.000 | EUR | 71.974,03 | -1.557,00 | 70.407,83 |
| 30/09/2022 | USD | 1.100.000,00 | EUR | 1.033.494,62 | 12.289,01 | 1.052.178,49 |
| 30/09/2022 | JPY | 10.000.000 | EUR | 73.252,83 | -2.835,64 | 70.407,83 |
| 30/09/2022 | USD | 1.500.000,00 | EUR | 1.431.325,03 | -5.392,66 | 1.434.788,85 |
| 30/09/2022 | JPY | 50.000.000 | EUR | 372.041,80 | -19.955,07 | 352.039,17 |
| 30/09/2022 | EUR | 412.828,35 | GBP | 350.000,00 | 8.282,88 | 406.598,50 |
| 30/09/2022 | EUR | 137.789,29 | HKD | 1.200.000,00 | -8.045,73 | 146.277,24 |
| 30/09/2022 | EUR | 1.249.905,31 | JPY | 165.000.000 | 87.522,24 | 1.161.729,26 |
| 30/09/2022 | EUR | 13.908.829,86 | USD | 15.500.000,00 | -827.649,76 | 14.826.151,45 |
|  |  |  |  | Total | -723.942,59 | 23.089.036,70 |

Au titre de ces contrats dérivés OTC, le compartiment maintenait auprès de Banque Degroof Petercam Luxembourg S.A. un collatéral de EUR 630.000,00 en faveur de la contrepartie à la clôture. Ce collatéral en espèces vise, suite à l’absence d’appel de marge, à couvrir totalement la contrepartie du risque d’un éventuel défaut du compartiment

## NOTE 11 - FUTURES
Au 30 juin 2022, les contrats de futures suivants sont ouverts auprès de la contrepartie Banque Degroof Petercam Luxembourg S.A. et auprès de la Société Générale.
DPAM L BONDS EUR QUALITY SUSTAINABLE :
| Devise | Nombre de CONTRATS | Description | + / - Value Non Realisee ( EN  EUR) | Engagement ( EN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| EUR | -300 | EURO BOBL FUTURE Septembre 2022 | 15.000,00 | 28.611.600,00 |
| EUR | -160 | EURO BUND FUTURE Septembre 2022 | 240.000,00 | 14.235.360,00 |
|  |  | Total | 255.000,00 | 42.846.960,00 |

Au titre de ces contrats futures, il n'y a pas de collatéral maintenu auprès de la contrepartie Banque Degroof Petercam Luxembourg S.A..
DPAM L BONDS UNIVERSALIS UNCONSTRAINED :
| Devise | Nombre de CONTRATS | Description | + / - Value Non Realisee ( EN  EUR) | Engagement ( EN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| EUR | -175 | EURO BUND FUTURE Septembre 2022 | 299.250,00 | 15.569.925,00 |
| JPY | -190 | JGB 10YR FUTURE Septembre 2022 | 561.854,51 | 133.077.917,18 |
|  |  | Total | 861.104,51 | 148.647.842,18 |

Au titre de ces contrats futures, le compartiment maintenait auprès de la Société Générale un dépôt de garantie de EUR 2.985.552,69 en faveur de la contrepartie à la clôture. Ce dépôt de garantie, en espèces, est destiné à couvrir les risques de marchés en cas d’évolution journalière défavorable des cours des contrats futures achetés ou vendus.
DPAM L PATRIMONIAL FUND :
| Devise | Nombre de CONTRATS | Description | + / - Value Non Realisee ( EN  EUR) | Engagement ( EN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| AUD | 7 | AUSTRALIAN 10YR BD FUTURE Septembre 2022 | 0,00 | 443.292,67 |
| EUR | -130 | STOXX EUROPE 600 FUTURE Septembre 2022 | 31.108,00 | 2.646.800,00 |
| EUR | -30 | EURO SCHATZ FUTURE Septembre 2022 | -750,00 | 2.975.010,00 |
| EUR | 40 | MSCI EUROPE VALUE FUTURE Septembre 2022 | -23.300,00 | 943.800,00 |
| EUR | -40 | EURO BOBL FUTURE Septembre 2022 | 4.400,00 | 3.814.880,00 |
| EUR | -26 | EURO BUND FUTURE Septembre 2022 | 37.180,00 | 2.313.246,00 |
| GBP | 15 | LONG GILT FUTURE Septembre 2022 | -61.512,55 | 2.055.059,18 |
| USD | 20 | MSCI EMERGING MKTS FUTURE Septembre 2022 | 10.904,40 | 957.166,77 |
| USD | 14 | ULTRA 10YR US TREAS FUTURE Septembre 2022 | -23.853,36 | 1.323.129,40 |
| USD | 4 | ULTRA T-BOND FUTURE Septembre 2022 | -10.970,16 | 359.295,04 |
| USD | -10 | SP 500 EMINI FUTURE Septembre 2022 | -17.050,07 | 1.810.407,01 |
| USD | 10 | US TREASURY LONG BOND FUTURE Septembre 2022 | -15.842,46 | 1.113.082,29 |
| USD | 26 | RUSSELL 1000 EMIN VAL FUTURE Septembre 2022 | -10.756,13 | 1.775.025,69 |
| USD | -18 | RUSSELL 1000 MIN GRWTH FUTURE Septembre 2022 | -44.569,32 | 1.895.691,24 |
|  |  | Total | -125.011,65 | 24.425.885,28 |

Au titre de ces contrats futures, le compartiment maintenait auprès de la Société Générale un dépôt de garantie de EUR 742.916,31 en faveur de la contrepartie à la clôture. Ce dépôt de garantie, en espèces, est destiné à couvrir les risques de marchés en cas d’évolution journalière défavorable des cours des contrats futures achetés ou vendus.
DPAM L BONDS EMERGING MARKETS SUSTAINABLE :
| Devise | Nombre de CONTRATS | Description | + / - Value Non Realisee ( EN  EUR) | Engagement ( EN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| EUR | -500 | EURO-OAT FUTURE Septembre 2022 | -1,937,220.00 | 49,013,500.00 |
| EUR | -140 | EURO-BUXL 30YR FUTURE Septembre 2022 | 935,400.00 | 12,954,760.00 |
| EUR | -50 | EURO-BTP FUTURE Septembre 2022 | -16,500.00 | 4,154,200.00 |
| EUR | -500 | EURO BUND FUTURE Septembre 2022 | 194,510.00 | 44,485,500.00 |
| USD | -250 | US TREASURY LONG BOND FUTURE Septembre 2022 | -1,516,900.62 | 27,827,057.19 |
| USD | -300 | US 10YR TREASURY NOTE FUTURE Septembre 2022 | -989,406.48 | 28,348,289.08 |
|  |  | Total | -3,330,117.10 | 166,783,306.26 |

Au titre de ces contrats futures, le compartiment maintenait auprès de la Société Générale un dépôt de garantie de EUR 6.968.074,69 en faveur de la contrepartie à la clôture. Ce dépôt de garantie, en espèces, est destiné à couvrir les risques de marchés en cas d’évolution journalière défavorable des cours des contrats futures achetés ou vendus
DPAM L GLOBAL TARGET INCOME :
| Devise | Nombre de CONTRATS | Description | + / - Value Non Realisee ( EN  EUR) | Engagement ( EN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| EUR | 35 | EURO BOBL FUTURE Septembre 2022 | 21.700,00 | 3.338.020,00 |
| EUR | -87 | EURO BUND FUTURE Septembre 2022 | 150.390,00 | 7.740.477,00 |
| EUR | 5 | EURO-BUXL 30YR FUTURE Septembre 2022 | 41.600,00 | 462.670,00 |
| JPY | 29 | TOPIX INDEX FUTURE Septembre 2022 | -112.096,31 | 3.819.891,13 |
| USD | 1 | ULTRA 10YR US TREAS FUTURE Septembre 2022 | -2.152,18 | 94.509,24 |
| USD | 1 | ULTRA T-BOND FUTURE Septembre 2022 | -4.244,58 | 89.823,76 |
| USD | 1 | US TREASURY LONG BOND FUTURE Septembre 2022 | -2.361,42 | 111.308,23 |
| USD | 1 | US 2YR TREASURY NOTE FUTURE Septembre 2022 | -1.307,75 | 191.462,11 |
| USD | 1 | US 5YR TREASURY NOTE FUTURE Septembre 2022 | -1.098,51 | 88.583,27 |
| USD | 92 | US 10YR TREASURY NOTE FUTURE Septembre 2022 | -100.793,92 | 8.693.475,32 |
|  |  | Total | -10.364,67 | 24.630.220,05 |

Au titre de ces contrats futures, le compartiment maintenait auprès de la Société Générale un dépôt de garantie de EUR 603.601,67 en faveur de la contrepartie à la clôture. Ce dépôt de garantie, en espèces, est destiné à couvrir les risques de marchés en cas d’évolution journalière défavorable des cours des contrats futures achetés ou vendus.
DPAM L BONDS CLIMATE TRENDS SUSTAINABLE :
| Devise | Nombre de CONTRATS | Description | + / - Value Non Realisee ( EN  EUR) | Engagement ( EN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| EUR | 150 | EURO BUND FUTURE Septembre 2022 | 351.780,00 | 13.345.650,00 |
| Total | 351.780,00 | 13.345.650,00 |

Au titre de ces contrats futures, le compartiment maintenait auprès de la Société Générale un dépôt de garantie de EUR 687.251,20 en faveur de la contrepartie à la clôture. Ce dépôt de garantie, en espèces, est destiné à couvrir les risques de marchés en cas d’évolution journalière défavorable des cours des contrats futures achetés ou vendus.
DPAM L EQUITIES EMERGING MARKETS ESG LEADERS INDEX :
| Devise | Nombre de CONTRATS | Description | + / - Value Non Realisee ( EN  EUR) | Engagement ( EN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| USD | 115 | MSCI EMERGING MKTS FUTURE Septembre 2022 | -28.050,12 | 5.503.708,94 |
| Total | -28.050,12 | 5.503.708,94 |

Au titre de ces contrats futures, le compartiment maintenait auprès de la Société Générale un dépôt de garantie de EUR 238.739,54 en faveur de la contrepartie à la clôture. Ce dépôt de garantie, en espèces, est destiné à couvrir les risques de marchés en cas d’évolution journalière défavorable des cours des contrats futures achetés ou vendus.

## NOTE 12 - SWAP
Au 30 juin 2022, le compartiment DPAM L BONDS EMERGING MARKETS SUSTAINABLE est engagé dans les IRS suivants :
| Devise | Notionnel | Jambe acheteuse / Jambe payeuse | + / - Value Non Réalisée ( EN  EUR) | Engagement ( EN  EUR) |
| --- | --- | --- | --- | --- |
|  |
| CZK | 250.000.000 | IRS 1663 250 MI 6Y | -684.992,52 | 10.106.925,00 |
| CZK | 250.000.000 | IRS 1661 250 MI 5Y | -646.214,54 | 10.106.925,00 |
| INR | 1.000.000.000 | IRS 1772 1000M 5Y | -129.024,10 | 12.112.100,00 |
| KRW | 10.000.000.000 | IRS 1649 10MI 2Y | -156.946,24 | 7.367.000,00 |
| KRW | 12.000.000.000 | IRS 1618 12MI 3Y | -164.279,13 | 8.840.400,00 |
| KRW | 10.000.000.000 | IRS 1635 10 MI | -134.834,89 | 7.367.000,00 |
| MYR | 100.000.000 | IRS 1769 100MI 2Y | -27.745,41 | 21.702.100,00 |
| MYR | 100.000.000 | IRS 1807 100MI 2Y | 21.667.347,03 | 21.702.100,00 |
| MYR | 100.000.000 | IRS1805 100MI 1Y | -21.688.954,86 | 21.702.100,00 |
| MYR | 25.000.000 | IRS 1541 25M 2Y | 24.847,34 | 5.425.525,00 |
| ZAR | 200.000.000 | IRS 1774 200M 2Y | 62.864,42 | 11.677.440,00 |
| ZAR | 200.000.000 | IRS 1645 200 MI 2Y | -97.004,89 | 11.677.440,00 |
| ZAR | 250.000.000 | IRS 1610 250 ZAR | -173.813,99 | 14.596.800,00 |
| ZAR | 200.000.000 | IRS 1623 200MI 3Y | -125.989,49 | 11.677.440,00 |
| ZAR | 100.000.000 | IRS 1644 100MI 2Y | 89.734,67 | 5.838.720,00 |
| ZAR | 300.000.000 | IRS 1579 300M 3Y | -206.122,23 | 17.516.160,00 |
|  |  | Total | -2.391.128,83 | 199.416.175,00 |

Au titre de ces contrats dérivés OTC, il n'y a pas de collatéral maintenu auprès de la contrepartie Banque Degroof Petercam Luxembourg S.A..

## NOTE 13 - DIVIDENDES
L’Assemblée Générale des Actionnaires du 13 avril 2022 a approuvé le paiement de dividende au titre de l'exercice 2021. Les parts ont été cotées ex-dividende à partir du 11 mai 2022. Le paiement a été effectué le 19 mai 2022.
| Compartiment | Classe | ISIN | Devise | Montant /action |
| --- | --- | --- | --- | --- |
| DPAM L BONDS EUR QUALITY SUSTAINABLE | A | LU0130966863 | EUR | 0,74 |
| DPAM L BONDS EUR QUALITY SUSTAINABLE | E | LU0174537778 | EUR | 2,22 |
| DPAM L BONDS EUR QUALITY SUSTAINABLE | M | LU1518613853 | EUR | 0,75 |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | A | LU0138638068 | EUR | 1,08 |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | E | LU0174543826 | EUR | 0,95 |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | M | LU1518614232 | EUR | 1,10 |
| DPAM L BONDS UNIVERSALIS UNCONSTRAINED | V | LU0966592965 | EUR | 1,17 |
| DPAM L BONDS HIGHER YIELD | A | LU0138643902 | EUR | 0,18 |
| DPAM L BONDS HIGHER YIELD | E | LU0174544808 | EUR | 0,21 |
| DPAM L BONDS HIGHER YIELD | M | LU1518614661 | EUR | 0,18 |
| DPAM L BONDS HIGHER YIELD | V | LU0966593344 | EUR | 0,20 |
| DPAM L EQUITIES CONVICTION RESEARCH | A | LU0159348084 | EUR | 25,35 |
| DPAM L EQUITIES CONVICTION RESEARCH | M | LU1518615635 | EUR | 25,91 |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM | A | LU0517221833 | EUR | 1,62 |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM | E | LU0517222302 | EUR | 1,69 |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM | M | LU1518616013 | EUR | 1,64 |
| DPAM L BONDS EUR HIGH YIELD SHORT TERM | V | LU0966595042 | EUR | 1,65 |
| DPAM L PATRIMONIAL FUND | A | LU0574765755 | EUR | 0,48 |
| DPAM L PATRIMONIAL FUND | M | LU1518616443 | EUR | 0,48 |
| DPAM L PATRIMONIAL FUND | E | LU0574766134 | EUR | 0,51 |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | A | LU0907927171 | EUR | 0,93 |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | E | LU0907927841 | EUR | 0,97 |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | M | LU1518617094 | EUR | 0,95 |
| DPAM L BONDS EMERGING MARKETS SUSTAINABLE | V | LU0966596529 | EUR | 1,07 |
| DPAM L BONDS EUR CORPORATE HIGH YIELD | A | LU0966248915 | EUR | 3,45 |
| DPAM L BONDS EUR CORPORATE HIGH YIELD | M | LU1518617334 | EUR | 3,51 |
| DPAM L BONDS EUR CORPORATE HIGH YIELD | V | LU0966250655 | EUR | 3,21 |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE | A | LU1499202692 | EUR | 1,27 |
| DPAM L BALANCED CONSERVATIVE SUSTAINABLE | V | LU1867119478 | EUR | 1,29 |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE | A | LU1996436140 | EUR | 0,10 |
| DPAM L BONDS CLIMATE TRENDS SUSTAINABLE | M | LU1996436819 | EUR | 0,10 |

Le Conseil d’Administration de la SICAV a fixé le paiement d’un dividende trimestriel du compartiment DPAM L GLOBAL TARGET INCOME pour
l’année 2022 comme suit :
| Compartiment / Classe | Montant | Ex-dividende | Date paiement |
| --- | --- | --- | --- |
| A Dis | EUR 0,74 | 24/03/2022 | 31/03/2022 |
| M Dis | EUR 0,76 |  |  |
| E Dis | EUR 0,73 |  |  |
| A Dis | EUR 0,74 | 22/06/2022 | 30/06/2022 |
| M Dis | EUR 0,76 |  |  |
| E Dis | EUR 0,73 |  |  |
| A Dis | EUR 0,74 | 23/09/2022 | 30/09/2022 |
| M Dis | EUR 0,76 |  |  |
| E Dis | EUR 0,73 |  |  |
| A Dis | EUR 0,74 | 21/12/2022 | 30/12/2022 |
| M Dis | EUR 0,76 |  |  |
| E Dis | EUR 0,73 |  |  |

| NOTE 14 - TRANSACTIONS AVEC DES PARTIES LIÉES |
| --- |
| Certains compartiments de la SICAV ont procédé au cours de la période à des achats/ventes de titres avec des parties liées, agissant comme contrepartie ou comme intermédiaire aux transactions. Selon l’article 46. (3) de la loi modifiée du décembre 2010 un OPCVM qui investit une part importante de ses actifs dans d’autres OPCVM et/ou d’autres OPC doit indiquer dans son rapport annuel le pourcentage maximal des frais de gestion supportés tant au niveau de l’OPCVM qu’à celui des OPCVM et/ou autres OPC dans lesquels il investit. Il n'y a pas de commission de performance sur les fonds cibles. |
| NOTE 15 - FRAIS D'ADMINISTRATION ET DE DOMICILIATION |
| En rémunération de ses fonctions d’administration centrale et de domiciliataire de la SICAV, la Société de Gestion recevra à charge de chaque compartiment de la SICAV, une commission annuelle au taux maximum de 0,045% p.a.. La rémunération est payable trimestriellement et calculées sur base des actifs nets moyens de chaque compartiment au cours du trimestre sous revue. La Société de Gestion recevra également à charge de chaque compartiment de la SICAV une commission annuelle forfaitaire de EUR 2.000,00 + TVA si applicable par classe d’actions active au sein du compartiment concerné répartie sur l’ensemble des classes actives du compartiment concerné au prorata des actifs de chaque classe d’actions concernée. |
| NOTE 16 - EVÈNEMENT(S) SURVENU(S) PENDANT LA PÉRIODE |
| La pandémie de COVID-19 (coronavirus) tend à perdurer et menace encore fortement la vie des gens au quotidien depuis maintenant bientôt deux années. Cela a bien évidement une incidence sur l’économie mondiale bien que la finance dans son secteur spécifique ne soit pas le secteur le plus défavorisé. Partout dans le monde, les autorités ont pris et continuent à prendre des mesures énergiques et indispensables pour contenir la diffusion du virus, et pour soutenir les particuliers et les entreprises en ces temps difficiles. Impact de l’invasion russe en Ukraine : L’invasion de l’Ukraine par l’armée russe est un évènement qui perturbera les marchés financiers mondiaux, à travers divers canaux, pendant un certain temps. La hausse des prix des matières premières est un des premiers canaux de transmission de risque dans l’économie mondiale, et plus particulièrement pour les pays qui sont plus dépendants d’un approvisionnement en Russie (énergie, blé, différents métaux). La Russie est le 6ème plus gros producteur mondial de matières premières. L’augmentation actuelle des prix renforce le caractère non transitoire de l’inflation qui était constatée dans la plupart des pays développés. Le scénario de stagflation, combinaison d’une plus faible croissance liée à un niveau d’inflation élevé, est devenu plus probable pour les mois à venir. Les banques centrales, qui planifiaient la sortie du support monétaire mis en place lors de la crise du Covid, doivent réévaluer leur sortie de crise car toute augmentation des taux pour contrer l’inflation risque d’avoir un impact significatif sur l’activité économique. L’équilibre restera difficile. |

| La Russie est fortement isolée à travers le monde, ne trouvant plus que la Chine comme partenaire commercial significatif. D’éventuelles répercussions suite aux sanctions imposées à la Russie risquent également d’impacter significativement l’économie européenne si Moscou décidait, en représailles, de stopper le flux de gaz dont sont fortement dépendants l’Allemagne ou l’Italie. Le rouble n’est plus traitable sur les marchés de change et la banque centrale russe a été également mise au pilori des sanctions. Les devises ont dès lors un risque accru de volatilité, ce risque pourrait rester un certain temps. Les indices actions et obligataires vont retirer les titres russes étant donné que ces positions ne sont plus cotées. Les positions russes qui n’ont pu être vendues resteront en conséquence dans les portefeuilles aussi longtemps que la bourse sera fermée et tant qu’il ne sera pas possible de convertir le rouble dans une autre devise, ce qui prendra beaucoup de temps. Les risques sur les sociétés sont accrus et leurs bénéfices seront influencés par leur dépendance, entre autres, aux matières premières. Les marchés sont par conséquents à risque de subir davantage de volatilité dans les mois à venir. La désescalade géopolitique prendra également inévitablement beaucoup de temps et laissera des traces pour une longue période. |
| --- |
| NOTE 17 - EVÈNEMENT(S) POSTÉRIEUR(S) À LA PÉRIODE |
| A partir du 1er juillet 2022, les 12 compartiments suivants clones des compartiments existants actuellement dans les structures DPAM Bonds L, DPAM Equities L, Degroof Petercam France SICAV et Degroof Inst. seront transférés dans DPAM L par fusion ou absorption Compartiments provenant de DPAM BONDS L DPAM L BONDS CORPORATE EUR DPAM L BONDS CORPORATE HIGH YIELD EUR 2023 DPAM L BONDS EUR INFLATION-LINKED DPAM L BONDS EUR SELECTION DPAM L BONDS GOVERNMENT GLOBAL Compartiments provenant de DPAM EQUITIES L DPAM L EQUITIES EMERGING MSCI INDEX DPAM L EQUITIES EMU SRI MSCI INDEX DPAM L EQUITIES EUROPE BEHAVIORAL VALUE DPAM L EQUITIES US SRI MSCI INDEX DPAM L EQUITIES WORLD SRI MSCI INDEX Compartiment provenant de Degroof Petercam France SICAV DPAM L CONVERTIBLE EUROPE Compartiment provenant de Degroof Inst. DPAM L BONDS EMU INV. GRADE GOV. INDEX En ce qui concerne le gestionnaire des compartiments DPAM L CONVERTIBLE WORLD SUSTAINABLE et DPAM L BONDS EUR SHORT TERM, depuis le 2 mai 2022, l'équipe de gestion institutionnelle de DEGROOF PETERCAM WEALTH MANAGEMENT a été transférée dans la succursale de DEGROOF PETERCAM ASSET MANAGEMENT S.A. en France dénommée DPAM Succursale France et établie au 44 rue de Lisbonne, 75008 Paris, France. Pour DPAM L BONDS EUR CORPORATE HIGH YIELD, DPAM L BONDS HIGHER YIELD, DPAM L BONDS UNIVERSALIS UNCONSTRAINED, DPAM L GLOBAL TARGET INCOME et DPAM L PATRIMONIAL FUND, une reclassification SFDR de l'article 6 vers l'article 8 a pris effet le 21 juin 2022, après un préavis d'un mois de sortie sans frais s'étalant du 20 mai 2022 au 20 juin 2022. |

| Détermination du risque global |
| --- |
| Chaque compartiment de la SICAV devra veiller à ce que son risque global lié aux instruments financiers dérivés n’excède pas la valeur nette totale de son portefeuille. Le risque global est une mesure conçue pour limiter l’effet de levier généré au niveau de chaque compartiment par l’utilisation d’instruments financiers dérivés. La méthode utilisée pour calculer ce risque au niveau de chaque compartiment de la SICAV sera celle des engagements. Cette méthode consiste à convertir les positions sur instruments financiers dérivés en positions équivalentes sur les actifs sous-jacents puis à agréger la valeur de marché de ces positions équivalentes. |
| Transparence des opérations de financement sur titres et de la réutilisation |
| Conformément à l’article 13 et à la Section A de l’Annexe du Règlement EU 2015/2365 (ci-après le «Règlement»), la SICAV doit informer les investisseurs de l’utilisation qu’elle fait des opérations de financement sur titres et des contrats d’échange sur rendement global dans le rapport annuel et le rapport semestriel. Le portefeuille ne contient pas d'avoirs prêtés à la date du présent rapport. |