# PORTFOLIO BREAKDOWN
### SECTOR BREAKDOWN *

### GEOGRAPHICAL BREAKDOWN
Industrials Financials Health care
Consumer staples Consumer discretionary Information Technology
Materials
Utilities
United Kingdom
France Switzerland Germany Netherlands
Sweden Denmark
Italy
2.47
4.67
5.70
4.09
4.11
9.12
8.85
16.23
14.55
15.67
14.55
13.37
18.81
18.35
18.09
Communication Services
Energy Real estate
0 %	5 %	10 %	15 %	20 %
Spain Belgium
Other countries
3.18
2.14
3.47
1.37
1.21
8.66
9.75
0 %	5 %	10 %	15 %	20 %
| Portfolio |  | Benchmark |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| * % of assets ANALYSIS RATIOS |  |  |  |  | Portfolio |  | Benchmark |
|  |  |  |  |  |  |  |  |
|  |  |  | Portfolio | Benchmark |  |  |  |
| Average market Cap (Bn €) |  |  | 93.77 | 93.05 |  |  |  |
| % Mid Caps + Small Caps |  |  | 32.26 | 29.61 |  |  |  |
| % Large Caps |  |  | 67.74 | 70.39 |  |  |  |
| Per 12 Month forward |  |  | 13.65 | 15.32 |  |  |  |
| Price to Book |  |  | 1.84 | 2.15 |  |  |  |
| Price to Cash Flow |  |  | 9.47 | 11.07 |  |  |  |
| Dividend Yield (%) |  |  | 3.07 | 2.92 |  |  |  |
| Annualized EPS Growth (n/n+2) (%) |  |  | 8.56 | 9.22 |  |  |  |
| Annualized Revenue Growth (n/n+2) (%) |  |  | 6.20 | 6.10 |  |  |  |
| Issuer number (excluding cash) |  | 165 |  |  |  |  |  |
| Cash as % of total assets |  | 3.36% |  |  |  |  |  |

| MAIN POSITIONS IN PORFOLIO |  |
| --- | --- |
|  |  |  |  |
|  | Sector | Weight | Spread / Index |
| NESTLE SA-REG | Consumer staples | 3.97% | 0.51% |
| ASML HOLDING NV | Information Technology | 3.50% | 0.56% |
| ROCHE HLDG AG-GENUSS | Health care | 3.02% | 0.45% |
| LVMH MOET HENNESSY | Consumer discretionary | 2.70% | 0.67% |
| NOVO NORDISK A/S-B NEW | Health care | 2.28% | 0.61% |
| DIAGEO | Consumer staples | 2.11% | 0.99% |
| GLAXOSMITHKLINE PLC | Health care | 1.95% | 0.98% |
| UNILEVER PLC (GBP) | Consumer staples | 1.82% | 0.59% |
| SOCIETE GENERALE | Financials | 1.71% | 1.46% |
| ESSILORLUXOTTICA | Consumer discretionary | 1.55% | 1.01% |
| Excluding mutual funds |  |  |  |

Translation (ENFR, 2021-12-31):
# COMPOSITION DU PORTEFEUILLE
#### REPARTITION SECTORIELLE *

#### REPARTITION GEOGRAPHIQUE
Industrie Finance Santé
Conso non cyclique Conso cyclique Technologies de l'info.
Matériaux
Services publics
Royaume-Uni
France Suisse Allemagne Pays-Bas Suède Danemark
Italie
2,47
4,67
5,70
4,09
4,11
9,12
8,85
16,23
14,55
15,67
14,55
13,37
18,81
18,35
18,09
Services de communication
Énergie Immobilier
0 %	5 %	10 %	15 %	20 %
Espagne Belgique Autres
3,18
2,14
3,47
1,37
1,21
8,66
9,75
* En pourcentage de l'actif

## RATIOS D'ANALYSE
Portefeuille Indice
0 %	5 %	10 %	15 %	20 %
Portefeuille Indice
Cap. boursière moy. (Mds €)
% Moyenne + Petite capitalisation
% Grande capitalisation PER annuel anticipé Prix sur actif net
Prix sur cashflow
Taux de rendement (en %)
Croissance BPA annualisé (n/n+2) (en %) Croissance CA annualisé (n/n+2) (en %)
Nombre d'émetteurs (hors liquidités)165
Liquidités en % de l'actif	3,36%
| PRINCIPALES LIGNES EN PORTEFEUILLE |  |
| --- | --- |
|  |  |  |  |
|  | Secteur | Poids (PTF) | Ecart / Indice |
| NESTLE SA-REG | Conso non cyclique | 3,97% | 0,51% |
| ASML HOLDING NV | Technologies de l'info. | 3,50% | 0,56% |
| ROCHE HLDG AG-GENUSS | Santé | 3,02% | 0,45% |
| LVMH MOET HENNESSY | Conso cyclique | 2,70% | 0,67% |
| NOVO NORDISK A/S-B NEW | Santé | 2,28% | 0,61% |
| DIAGEO | Conso non cyclique | 2,11% | 0,99% |
| GLAXOSMITHKLINE PLC | Santé | 1,95% | 0,98% |
| UNILEVER PLC (GBP) | Conso non cyclique | 1,82% | 0,59% |
| SOCIETE GENERALE | Finance | 1,71% | 1,46% |
| ESSILORLUXOTTICA | Conso cyclique | 1,55% | 1,01% |
| Hors OPC |  |  |  |