# Asset breakdown - by JPM sector
## In % of total economic exposure

## in %	
Portfolio 
| AA	8.06 |  |  |
| --- | --- | --- |
| A	8.10 |  |  |
| BBB	16.05 |  |  |
| BB	30.17 |  |  |
| B	27.18 |  |  |
| CCC & Below	8.16 |  |  |
| Cash & FX	2.28 |  |  |

| Financials	22.79 |  |  |
| --- | --- | --- |
| Oil & Gas	17.66 |  |  |
| Real Estate	9.10 |  |  |
| Sovereign	8.57 |  |  |
| Metals & Mining	8.53 |  |  |
| Consumer	7.67 |  |  |
| TMT	7.61 |  |  |
| Industrial	5.02 |  |  |
| Utilities	4.19 |  |  |
| Quasi-Sovereign	3.90 |  |  |
| Transport	2.12 |  |  |
| Others	2.84 |  |  |

| Top 10 positions |  |
| --- | --- |
| In % of total economic exposure |
| Instrument Name | ISIN | Coupon p.a. | Maturity date | Weight |
| BANCO MERCANTIL PERP AT1 | USP1400MAC21 | 8.38% | 31.12.2049 | 2.59% |
| QATAR PETROLEUM | XS2357494322 | 2.25% | 12.07.2031 | 2.41% |
| VOLCAN COMPANIA MINERA SAA | USP98047AC08 | 4.38% | 11.02.2026 | 1.99% |
| SAUDI ARABIAN OIL CO | XS1982116136 | 4.38% | 16.04.2049 | 1.57% |
| GRAN TIERRA ENERGY INTERNATIONAL H | USU37016AA70 | 7.75% | 23.05.2027 | 1.41% |
| REDE DOR FINANCE SARL | USL7915TAA09 | 4.50% | 22.01.2030 | 1.34% |
| FS LUXEMOURG SARL | USL40756AB19 | 10.00% | 15.12.2025 | 1.30% |
| B3 S.A. - BRASIL BOLSA BALCAO | USP19118AA91 | 4.13% | 20.09.2031 | 1.27% |
| DILIJAN FINANCE B.V./ ARDSHINBANK | XS2080321198 | 6.50% | 28.01.2025 | 1.24% |
| STILLWATER MINING COMPANY | USU85969AF71 | 4.50% | 16.11.2029 | 1.22% |
|  |  |  |  |  |
| Top 10 issuers In % of total economic exposure |  |  |  | in % |
| SAUDI ARABIAN OIL CO |  |  |  | 3.33 |
| UNITED STATES TREASURY |  |  |  | 2.90 |
| BANCO MERCANTIL DEL NORTE SA |  |  |  | 2.66 |
| QATAR ENERGY |  |  |  | 2.47 |
| GRAN TIERRA ENERGY INTERNATIONAL HOLDINGS LTD |  |  |  | 2.05 |
| VOLCAN COMPANIA MINERA SAA |  |  |  | 2.03 |
| CBQ FINANCE LTD |  |  |  | 1.67 |
| HUARONG FINANCE 2019 CO LTD |  |  |  | 1.52 |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV |  |  |  | 1.51 |
| RELIANCE INDUSTRIES LTD |  |  |  | 1.51 |

Translation (ENFR, 2022-02-28):
# Répartition des actifs - par Secteur JPM
en % de l’exposition économique totale
en %	
Portefeuille 
| AA	8.06 |  |  |
| --- | --- | --- |
| A	8.10 |  |  |
| BBB	16.05 |  |  |
| BB	30.17 |  |  |
| B	27.18 |  |  |
| CCC & inférieur	8.16 |  |  |
| Liquidités et	2.28 devises |  |
|  |  |
|  |

| Financiers	22.79 |  |  |
| --- | --- | --- |
| Pétrole et gaz	17.66 |  |  |
| Immobilier	9.10 |  |  |
| Souverain	8.57 |  |  |
| Métaux et minerais	8.53 |  |  |
| Consommateurs	7.67 |  |  |
| TMT	7.61 |  |  |
| Industriel	5.02 |  |  |
| Approvisionnement	4.19 eau/gaz/électricité |  |
|  |  |
|  |
| Quasi-souverains	3.90 |  |  |
| Transports	2.12 |  |  |
| Autres	2.84 |  |  |

| 10 plus larges positions |  |
| --- | --- |
| en % de l’exposition économique totale |
| Nom de l’instrument | ISIN | Coupon par an | Date d'échéance | Pondération |
| BANCO MERCANTIL PERP AT1 | USP1400MAC21 | 8.38% | 31.12.2049 | 2.59% |
| QATAR PETROLEUM | XS2357494322 | 2.25% | 12.07.2031 | 2.41% |
| VOLCAN COMPANIA MINERA SAA | USP98047AC08 | 4.38% | 11.02.2026 | 1.99% |
| SAUDI ARABIAN OIL CO | XS1982116136 | 4.38% | 16.04.2049 | 1.57% |
| GRAN TIERRA ENERGY INTERNATIONAL H | USU37016AA70 | 7.75% | 23.05.2027 | 1.41% |
| REDE DOR FINANCE SARL | USL7915TAA09 | 4.50% | 22.01.2030 | 1.34% |
| FS LUXEMOURG SARL | USL40756AB19 | 10.00% | 15.12.2025 | 1.30% |
| B3 S.A. - BRASIL BOLSA BALCAO | USP19118AA91 | 4.13% | 20.09.2031 | 1.27% |
| DILIJAN FINANCE B.V./ ARDSHINBANK | XS2080321198 | 6.50% | 28.01.2025 | 1.24% |
| STILLWATER MINING COMPANY | USU85969AF71 | 4.50% | 16.11.2029 | 1.22% |
|  |  |  |  |  |
| 10 plus larges émetteurs en % de l’exposition économique totale |  |  |  | en % |
| SAUDI ARABIAN OIL CO |  |  |  | 3.33 |
| UNITED STATES TREASURY |  |  |  | 2.90 |
| BANCO MERCANTIL DEL NORTE SA |  |  |  | 2.66 |
| QATAR ENERGY |  |  |  | 2.47 |
| GRAN TIERRA ENERGY INTERNATIONAL HOLDINGS LTD |  |  |  | 2.05 |
| VOLCAN COMPANIA MINERA SAA |  |  |  | 2.03 |
| CBQ FINANCE LTD |  |  |  | 1.67 |
| HUARONG FINANCE 2019 CO LTD |  |  |  | 1.52 |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV |  |  |  | 1.51 |
| RELIANCE INDUSTRIES LTD |  |  |  | 1.51 |