# HOLDINGS: % OF PORTFOLIO
Main Holdings (%)
by Country (%)
Against Benchmark
| GERMANY (FEDERAL REPUBLIC OF) 0.00 PCT | 12.20 |
| --- | --- |
| BNPP RMB BOND-X C | 8.50 |
| EUROPEAN UNION 0.00 PCT 02-JUN-2028 | 3.76 |
| PETROLEOS MEXICANOS 1.88 PCT 21-APR-2022 | 2.23 |
| JAPAN (GOVERNMENT OF) 0.40 PCT | 1.41 |
| JAPAN (GOVERNMENT OF) 0.40 PCT 20-SEP-2025 | 1.34 |
| UMBS 30YR TBA(REG A) 3.00 PCT 25-MAY-2050 | 1.25 |
| FREMF MORTGAGE TRUST FREMF_17-K727 3.73 | 1.23 |
| JAPAN (GOVERNMENT OF) 0.80 PCT | 1.16 |
| JAPAN (GOVERNMENT OF) 2.00 PCT 20-SEP-2040 | 1.13 |
| No. of Holdings in Portfolio | 627 |

| United States | 30.78 | - 7.21 |
| --- | --- | --- |
| Germany | 13.62 | + 8.82 |
| Japan | 10.10 | - 3.36 |
| Hong Kong | 8.52 | + 8.38 |
| United Kingdom | 5.11 | + 0.15 |
| Supranational | 4.61 | + 2.82 |
| China | 3.19 | - 5.31 |
| France | 3.16 | - 2.24 |
| Spain | 2.94 | + 0.62 |
| Mexico | 2.79 | + 2.32 |
| Derivatives | 0.27 | + 0.27 |
| Forex contracts | -0.30 | - 0.30 |
| Other | 14.69 | - 5.51 |
| Cash | 0.53 | + 0.54 |
| Total | 100.00 |  |

by Rating (%)
by Currency (%)
Against Benchmark
| AAA | 33.48 |
| --- | --- |
| AA | 2.77 |
| AA- | 5.35 |
| A+ | 12.27 |
| A- | 5.36 |
| BBB+ | 4.85 |
| BBB | 10.23 |
| BBB- | 5.16 |
| BB- | 3.01 |
| Other | 7.45 |
| Not rated | 9.56 |
| Derivatives | 0.27 |
| Forex contracts | -0.30 |
| Cash | 0.53 |
| Total | 100.00 |

| EUR | 100.39 | + 0.34 |
| --- | --- | --- |
| JPY | 5.23 | + 5.23 |
| AUD | 1.62 | + 1.62 |
| NOK | 1.58 | + 1.58 |
| INR | 1.05 | + 1.05 |
| THB | 1.00 | + 1.00 |
| USD | 0.92 | + 0.96 |
| BRL | 0.55 | + 0.55 |
| CLP | 0.55 | + 0.55 |
| COP | 0.51 | + 0.51 |
| Other | -13.40 | - 13.39 |
| Total | 100.00 |  |

Source of data: BNP Paribas Asset Management, as at 28.02.2022
Sources: Fitch, Moody’s, S&P. Ratings lower than BBB- refer to high-yield or speculative-grade bonds.
The above mentioned securities are for illustrative purpose only and do not constitute any investment recommendation.

Translation (ENFR, 2022-02-28):
# POSITIONS : % DU PORTEFEUILLE
Principales positions
| GERMANY (FEDERAL REPUBLIC OF) 0.00 PCT | 12,20 |
| --- | --- |
| BNPP RMB BOND-X C | 8,50 |
| EUROPEAN UNION 0.00 PCT 02-JUN-2028 | 3,76 |
| PETROLEOS MEXICANOS 1.88 PCT 21-APR-2022 | 2,23 |
| JAPAN (GOVERNMENT OF) 0.40 PCT | 1,41 |
| JAPAN (GOVERNMENT OF) 0.40 PCT 20-SEP-2025 | 1,34 |
| UMBS 30YR TBA(REG A) 3.00 PCT 25-MAY-2050 | 1,25 |
| FREMF MORTGAGE TRUST FREMF_17-K727 3.73 | 1,23 |
| JAPAN (GOVERNMENT OF) 0.80 PCT | 1,16 |
| JAPAN (GOVERNMENT OF) 2.00 PCT 20-SEP-2040 | 1,13 |
| Nb de positions dans le portefeuille | 627 |

par Notation
par Pays	Contre l'Indice
| États-Unis | 30,78 | - 7,21 |
| --- | --- | --- |
| Allemagne | 13,62 | + 8,82 |
| Japon | 10,10 | - 3,36 |
| Hong-Kong | 8,52 | + 8,38 |
| Royaume-Uni | 5,11 | + 0,15 |
| Supranational | 4,61 | + 2,82 |
| Chine | 3,19 | - 5,31 |
| France | 3,16 | - 2,24 |
| Espagne | 2,94 | + 0,62 |
| Mexique | 2,79 | + 2,32 |
| Produits dérivés | 0,27 | + 0,27 |
| Contrats de change | -0,30 | - 0,30 |
| Autres | 14,69 | - 5,51 |
| Liquidités | 0,53 | + 0,54 |
| Total | 100,00 |  |

par Devise	Contre l'Indice
| AAA | 33,48 |
| --- | --- |
| AA | 2,77 |
| AA- | 5,35 |
| A+ | 12,27 |
| A- | 5,36 |
| BBB+ | 4,85 |
| BBB | 10,23 |
| BBB- | 5,16 |
| BB- | 3,01 |
| Autres | 7,45 |
| Non noté | 9,56 |
| Produits dérivés | 0,27 |
| Contrats de change | -0,30 |
| Liquidités | 0,53 |
| Total | 100,00 |

| EUR | 100,39 | + 0,34 |
| --- | --- | --- |
| JPY | 5,23 | + 5,23 |
| AUD | 1,62 | + 1,62 |
| NOK | 1,58 | + 1,58 |
| INR | 1,05 | + 1,05 |
| THB | 1,00 | + 1,00 |
| USD | 0,92 | + 0,96 |
| BRL | 0,55 | + 0,55 |
| CLP | 0,55 | + 0,55 |
| COP | 0,51 | + 0,51 |
| Autres | -13,40 | - 13,39 |
| Total | 100,00 |  |

Source : BNP Paribas Asset Management, en date du 28.02.2022
Sources : Fitch, Moody's, S&P. Les notations < BBB- correspondent à la catégorie de titres à haut rendement ou titres spéculatifs
Les titres ci-dessus sont mentionnés à titre d’information uniquement et ne doivent pas être considérés comme une recommandation d’investissement.