# Candriam Sustainable Bond Euro Short Term
| Investment portfolio as at December 31, 2020 |  |
| --- | --- |
| Description | Quantity | Currency | Market value | % net |
|  |  |  | (in EUR) | assets |
| Transferable securities admitted to an official stock exchange listing or dealt in another regulated market |  |  | 736,850,198 | 95.19 |
| Bonds |  |  | 702,699,255 | 90.78 |
| 3M EMTN	0.95 15-23 15/05A | 5,000,000 | EUR | 5,155,725 | 0.67 |
| ABBEY NAT TREA SER 1.125 15-22 14/01A | 1,500,000 | EUR | 1,524,067 | 0.20 |
| ABB FINANCE	0.625 16-23 03/05A | 2,000,000 | EUR | 2,038,320 | 0.26 |
| ABBOTT IRELAND	0.1000 19-24 19/11A | 2,259,000 | EUR | 2,283,962 | 0.30 |
| ABBOTT IRELAND FIN  0.875 18-23 27/09A | 4,000,000 | EUR | 4,122,860 | 0.53 |
| ABN AMRO BANK 0.25 18-21 03/12A | 1,500,000 | EUR | 1,510,267 | 0.20 |
| ABN AMRO BANK 1.25 20-25 28/05A | 3,100,000 | EUR | 3,267,074 | 0.42 |
| ABN AMRO BANK NV	0.625 16-22 31/05A | 2,800,000 | EUR | 2,840,474 | 0.37 |
| ADECCO SA	1.50 15-22 22/11A | 1,863,000 | EUR | 1,914,307 | 0.25 |
| ADIDAS	1.25 14-21 08/10A | 2,500,000 | EUR | 2,521,438 | 0.33 |
| AIR LIQUIDE FIN	1.0000 20-25 02/04A | 2,300,000 | EUR | 2,415,000 | 0.31 |
| AIR LIQUIDE FINANCE 0.50 16-22 13/06A | 2,500,000 | EUR | 2,527,175 | 0.33 |
| ALLIANZ FINANCE II  0.25 17-23 06/06A | 3,000,000 | EUR | 3,041,880 | 0.39 |
| ALLIANZ FINANCE II  3.50 12-22 14/02A | 3,000,000 | EUR | 3,132,870 | 0.40 |
| AMGEN INC 1.25 16-22 25/02A | 5,243,000 | EUR | 5,313,780 | 0.69 |
| ANZ BANKING GRP	0.625 18-23 21/02A | 515,000 | EUR | 525,364 | 0.07 |
| ASML HOLDING NV	0.625 16-22 07/07S | 5,000,000 | EUR | 5,060,775 | 0.65 |
| ASTRAZENECA PLC	0.25 16-21 12/05A | 4,500,000 | EUR | 4,502,812 | 0.58 |
| AT&T INC 1.05 18-23 09/05A | 3,000,000 | EUR | 3,091,320 | 0.40 |
| AT&T INC	1.45 14-22 01/06A | 1,000,000 | EUR | 1,020,025 | 0.13 |
| ATOS SE	0.7500 18-22 07/05A | 6,000,000 | EUR | 6,077,160 | 0.79 |
| AVIVA PLC 6.125 13-43 05/07A | 3,000,000 | EUR | 3,440,250 | 0.44 |
| AXA SA 5.125 13-43 04/07A | 6,000,000 | EUR | 6,737,070 | 0.87 |
| BANCO BILBAO VIZCAYA 1.125 19-24 28/02A | 1,000,000 | EUR | 1,033,480 | 0.13 |
| BANCO DE SABADELL SA 0.875 17-23 05/03A | 3,000,000 | EUR | 3,056,295 | 0.40 |
| BANCO SANTANDER SA 0.25 19-24 19/06A | 800,000 | EUR | 811,160 | 0.11 |
| BANCO SANTANDER SA 1.375 17-22 09/02A | 5,500,000 | EUR | 5,602,080 | 0.72 |
| BANK OF MONTREAL	0.125 20-23 26/03A | 1,500,000 | EUR | 1,520,408 | 0.20 |
| BANQUE FEDERATIVE	0.65 20-24 27/02S | 1,667,000 | USD | 1,366,067 | 0.18 |
| BBVA	3.875 13-23 30/01A | 2,000,000 | EUR | 2,181,090 | 0.28 |
| BCO BILBAO VIZCAYA  0.75 17-22 11/09A | 6,500,000 | EUR | 6,607,607 | 0.85 |
| BELFIUS BANK SA	0.01 20-25 15/10A | 2,300,000 | EUR | 2,306,543 | 0.30 |
| BELFIUS BANK SA	0.3750 20-25 02/09A | 2,800,000 | EUR | 2,829,932 | 0.37 |
| BELFIUS BANQUE	0.75 17-22 12/09A | 6,000,000 | EUR | 6,097,650 | 0.79 |
| BELFIUS BANQUE SA/NV 0.625 18-23 30/08A | 1,300,000 | EUR | 1,328,717 | 0.17 |
| BELGIUM 2.25 13-23 22/06A | 4,000,000 | EUR | 4,296,300 | 0.56 |
| BFCM	0.125 18-21 30/08A | 1,800,000 | EUR | 1,807,623 | 0.23 |
| BFCM	0.125 19-24 05/02Y | 1,200,000 | EUR | 1,213,998 | 0.16 |
| BFCM 0.50 18-22 16/11A | 3,000,000 | EUR | 3,046,305 | 0.39 |
| BFCM 0.75 19-23 15/06A | 3,500,000 | EUR | 3,590,352 | 0.46 |
| BNP PARIBAS	1.0000 18-24 17/04A | 2,500,000 | EUR | 2,589,175 | 0.33 |
| BNP PARIBAS	1.125 16-23 15/01A | 1,000,000 | EUR | 1,028,930 | 0.13 |
| BNP PARIBAS	1.125 17-23 10/10A | 3,000,000 | EUR | 3,107,100 | 0.40 |
| BNP PARIBAS	2.875 12-22 24/10A | 2,500,000 | EUR | 2,647,063 | 0.34 |
| BNP PARIBAS REGS	0.75 16-22 11/11A | 1,000,000 | EUR | 1,020,320 | 0.13 |
| BNZ INT FUNDING 0.50 18-23 13/05A | 3,000,000 | EUR | 3,051,780 | 0.39 |
| BNZ INTL FUNDING  0.625 19-22 23/04A | 3,574,000 | EUR | 3,618,228 | 0.47 |
| BPCE SA	1.125 17-23 18/01A | 1,000,000 | EUR | 1,026,730 | 0.13 |
| BRITISH TELECOM	0.625 16-21 10/03A | 2,900,000 | EUR | 2,904,741 | 0.38 |
| BUREAU VERITAS SA	3.125 14-21 21/01A | 1,400,000 | EUR | 1,401,939 | 0.18 |
| CAISSE DEPOTS CONS  0.01 20-25 15/09A | 1,700,000 | EUR | 1,742,738 | 0.23 |
| CANADIAN IMPERIAL  0.4800 20-XX XX/XXQ | 3,164,000 | USD | 2,587,586 | 0.33 |
| CANADIAN IMPERIAL 0.75 18-23 22/03A | 2,000,000 | EUR | 2,046,050 | 0.26 |

Candriam Sustainable Bond Euro Short Term
| Investment portfolio as at December 31, 2020 |  |  |  |  |
| --- | --- | --- | --- | --- |
| Description | Quantity | Currency | Market value (in EUR) | % net assets |
| CANADIAN IMPERIAL BAN 0.375 19-24 03/05A | 2,628,000 | EUR | 2,664,017 | 0.34 |
| CAPGEMINI SE	0.6250 20-25 23/06A | 3,500,000 | EUR | 3,603,635 | 0.47 |
| CAPGEMINI SE	2.50 15-23 01/07A | 500,000 | EUR | 530,313 | 0.07 |
| CARREFOUR SA 0.875 18-23 12/06A | 1,000,000 | EUR | 1,022,865 | 0.13 |
| CARREFOUR SA 1.75 14-22 15/07A | 1,500,000 | EUR | 1,538,572 | 0.20 |
| CASSA DEPOSITI 1.50 17-24 21/06A | 3,000,000 | EUR | 3,160,470 | 0.41 |
| CITIGROUP	0.75 16-23 26/10A | 6,000,000 | EUR | 6,150,030 | 0.79 |
| CM ARKEA	1.00 15-23 26/01A | 3,000,000 | EUR | 3,079,485 | 0.40 |
| CM ARKEA	1.25 17-24 31/05A | 2,000,000 | EUR | 2,080,730 | 0.27 |
| CNP ASSUR.	1.875 16-22 20/10A | 4,500,000 | EUR | 4,655,565 | 0.60 |
| COLGATE-PALMOLIVE CO 0.00 19-21 12/11U | 2,835,000 | EUR | 2,842,754 | 0.37 |
| COUNCIL OF EUROPE	0.375 15-22 27/10A | 3,000,000 | EUR | 3,054,195 | 0.39 |
| CREDIT AGRICOLE LDN 0.50 19-24 24/06A | 3,000,000 | EUR | 3,060,150 | 0.40 |
| CREDIT AGRICOLE LDN 0.75 16-22 01/12A | 2,000,000 | EUR | 2,047,200 | 0.26 |
| CREDIT AGRICOLE LDN 5.125 11-23 18/04A | 1,500,000 | EUR | 1,694,198 | 0.22 |
| CRH FINANCE	3.125 13-23 03/04A | 750,000 | EUR | 806,355 | 0.10 |
| CRH FINANCE GERMANY 1.75 14-21 16/07A | 3,550,000 | EUR | 3,571,318 | 0.46 |
| DANONE SA	0.424 16-22 03/11A | 5,000,000 | EUR | 5,063,925 | 0.65 |
| DASSAULT SYSTEM	0.00  19-22 16/09U | 4,000,000 | EUR | 4,019,080 | 0.52 |
| DEN NORSKE BANK	4.375 11-21 24/02S | 800,000 | EUR | 805,428 | 0.10 |
| DEUTSCHE POST FIN	2.95 12-22 27/06A | 2,000,000 | EUR | 2,098,440 | 0.27 |
| DNB BANK ASA	0.05 19-23 14/11A | 1,010,000 | EUR | 1,018,469 | 0.13 |
| DNB BANK ASA	4.25 12-22 18/01A | 3,000,000 | EUR | 3,146,400 | 0.41 |
| EDP FINANCE	1.875 17-23 29/09A | 500,000 | EUR | 527,203 | 0.07 |
| EDP FINANCE 2.625 14-22 18/01A | 3,000,000 | EUR | 3,090,150 | 0.40 |
| ELIA SYSTEMS OP	1.375 15-24 27/05A | 2,500,000 | EUR | 2,620,113 | 0.34 |
| ELI LILLY & CO	1.00 15-22 02/06A | 4,500,000 | EUR | 4,570,920 | 0.59 |
| ENI EMTN	3.25 13-23 10/07A | 2,000,000 | EUR | 2,177,440 | 0.28 |
| ENI SPA	0.75 16-22 17/05A | 3,000,000 | EUR | 3,044,340 | 0.39 |
| EUROGRID GMBH	1.625 15-23 03/11A | 2,500,000 | EUR | 2,622,787 | 0.34 |
| EUROPEAN FIN STABI  0.50 15-23 20/01A | 500,000 | EUR | 512,287 | 0.07 |
| FERROVIAL REGS	3.375 13-21 07/06A | 1,300,000 | EUR | 1,318,954 | 0.17 |
| FRANCE 0.00 19-25 25/03U | 2,700,000 | EUR | 2,778,340 | 0.36 |
| FRANCE 0.00 20-23 25/02U | 8,000,000 | EUR | 8,126,400 | 1.05 |
| FRANCE 1.00 15-25 25/11A | 1,000,000 | EUR | 1,082,680 | 0.14 |
| FRANCE 2.25 11-22 25/10A | 2,000,000 | EUR | 2,109,030 | 0.27 |
| IBERDROLA FINANZAS  1.00 16-24 07/03A | 3,000,000 | EUR | 3,105,495 | 0.40 |
| IBERDROLA INTL BV 2.50 14-22 24/10A | 1,500,000 | EUR | 1,575,923 | 0.20 |
| IBERDROLA INTL BV	3.00 13-22 31/01A | 300,000 | EUR | 310,656 | 0.04 |
| IBM	0.5 16-21 07/09A | 1,800,000 | EUR | 1,811,061 | 0.23 |
| IBM CORP	0.375 19-23 31/01A | 2,000,000 | EUR | 2,025,610 | 0.26 |
| ICO	0.25 17-22 30/04A | 3,500,000 | EUR | 3,535,298 | 0.46 |
| INDONESIA 2.875 14-21 08/07A | 2,200,000 | EUR | 2,236,982 | 0.29 |
| ING GROUP NV	0.75 17-22 09/03A | 3,500,000 | EUR | 3,541,703 | 0.46 |
| ING GROUP NV	1.0 10.23 20/09A | 4,000,000 | EUR | 4,132,200 | 0.53 |
| INSTITUT CREDIT	0.2500 20-24 30/04A | 1,562,000 | EUR | 1,600,246 | 0.21 |
| INTESA SANPAOLO	0.75 19-24 04/12A | 1,096,000 | EUR | 1,124,902 | 0.15 |
| INTESA SANPAOLO  0.875 17-22 27/06A | 2,000,000 | EUR | 2,031,110 | 0.26 |
| INTESA SANPAOLO	1.0000 19-24 04/07A | 1,444,000 | EUR | 1,490,056 | 0.19 |
| INTESA SAN PAOLO	4.00 13-23 30/11A | 4,000,000 | EUR | 4,453,480 | 0.58 |
| ITALY 0.05 19-23 15/01S | 4,000,000 | EUR | 4,038,140 | 0.52 |
| ITALY	1.45 18-25 15-05S | 19,300,000 | EUR | 20,634,981 | 2.67 |
| ITALY 1.75 19-24 01/07S | 8,000,000 | EUR | 8,554,560 | 1.11 |
| ITALY 4.50 13-23 01/05S | 29,000,000 | EUR | 32,332,100 | 4.18 |
| ITALY BTP  0.65 16-23 15/10S | 9,000,000 | EUR | 9,252,270 | 1.20 |
| KBC GROUP NV	0.75 17-22 01/03M | 2,500,000 | EUR | 2,531,262 | 0.33 |
| KBC GROUP NV 0.875 18-23 27/06A | 4,500,000 | EUR | 4,626,495 | 0.60 |
| KELLOGG	1.75 14-21 24/05A | 1,600,000 | EUR | 1,612,760 | 0.21 |
| KELLOGG CO	0.80 17-22 17/11A | 2,400,000 | EUR | 2,445,624 | 0.32 |

Candriam Sustainable Bond Euro Short Term
| Investment portfolio as at December 31, 2020 |  |  |  |  |
| --- | --- | --- | --- | --- |
| Description | Quantity | Currency | Market value (in EUR) | % net assets |
| KERING	0.2500 20-23 13/05A | 4,300,000 | EUR | 4,344,935 | 0.56 |
| KLEPIERRE	4.75 11-21 14/03A | 3,000,000 | EUR | 3,027,060 | 0.39 |
| KLEPIERRE EMTN	1.00 15-23 17/04A | 5,000,000 | EUR | 5,123,900 | 0.66 |
| LATVIA GOVERNMENT	0.125 20-23 14/04A | 1,000,000 | EUR | 1,014,750 | 0.13 |
| LEGRAND SA	0.50 17-23 09/10A | 1,500,000 | EUR | 1,527,862 | 0.20 |
| LLOYDS BANK GROUP 1.00 16-23 09/11A | 1,000,000 | EUR | 1,032,040 | 0.13 |
| MASTERCARD	1.10 15-22 01/12S | 8,000,000 | EUR | 8,198,040 | 1.06 |
| MEDTRONIC GLOBAL HOLD 0.00 19-22 02/12U | 3,367,000 | EUR | 3,382,993 | 0.44 |
| MEDTRONIC GLOBAL HOLD 0.00 20-23 15/03U | 2,552,000 | EUR | 2,564,390 | 0.33 |
| MEDTRONIC GLOBAL HOLD 0.00 20-25 15/10U | 1,134,000 | EUR | 1,139,313 | 0.15 |
| MERCK FINANCIAL 0.005 19-23 15/12A | 1,300,000 | EUR | 1,307,514 | 0.17 |
| MERCK FINANCIAL 1.375 15-22 01/09A | 2,000,000 | EUR | 2,046,180 | 0.26 |
| MICROSOFT CORP 2.125 13-21 06/12S | 1,000,000 | EUR | 1,017,465 | 0.13 |
| MORGAN STANLEY	0.56 20-23 10/11S | 1,371,000 | USD | 1,123,048 | 0.15 |
| MUNICH RE EMTN  6.25 12-42 26/05A | 3,000,000 | EUR | 3,257,505 | 0.42 |
| NATIONAL AUSTRALIA  0.25 19-24 20/05A | 1,752,000 | EUR | 1,781,083 | 0.23 |
| NATIONAL AUSTRALIA 0.35 17-22 07/09A | 4,000,000 | EUR | 4,048,180 | 0.52 |
| NATIONAL AUSTRALIA BK 0.625 18-23 30/08A | 2,000,000 | EUR | 2,049,020 | 0.26 |
| NATIONWIDE BUILDING 0.625 17-23 19/04A | 459,000 | EUR | 467,404 | 0.06 |
| NESTLE FINANCE	0.00001 20-25 3/12A | 2,710,000 | EUR | 2,742,073 | 0.35 |
| NESTLE FINANCE	0.00 20-24 12/11U | 3,124,000 | EUR | 3,155,880 | 0.41 |
| NN GROUP NV	1.00 15-22 18/03A | 5,000,000 | EUR | 5,078,150 | 0.66 |
| NORDEA BANK	2.00 14-21 17/02A | 700,000 | EUR | 702,086 | 0.09 |
| NORDEA BANK AB	0.30 17-22 30/06A | 3,500,000 | EUR | 3,534,773 | 0.46 |
| NORDEA BK	0.875 18-23 26/06A | 1,041,000 | EUR | 1,069,877 | 0.14 |
| NORDRHEIN WESTFALEN 4.375 07-22 29/04A | 2,500,000 | EUR | 2,664,438 | 0.34 |
| NOVARTIS FINANCE S 0 17-21 31/03A | 1,500,000 | EUR | 1,501,043 | 0.19 |
| NOVARTIS FINANCE SA 0.5 18-23 14/08A | 1,000,000 | EUR | 1,020,715 | 0.13 |
| OMV AG 2.625 12-22 27/09A | 1,300,000 | EUR | 1,366,807 | 0.18 |
| OMV AG EMTN	4.25 11-21 12/10A | 2,200,000 | EUR | 2,279,662 | 0.29 |
| ORANGE EMTN	3.375 10-22 16/09A | 2,200,000 | EUR | 2,340,932 | 0.30 |
| ORANGE SA	0.5 19-22  15/01A | 1,000,000 | EUR | 1,008,320 | 0.13 |
| ORANGE SA	1.1250 19-24 15/07A | 500,000 | EUR | 521,705 | 0.07 |
| ORSTED	2.625 12-22 19/09A | 2,000,000 | EUR | 2,096,910 | 0.27 |
| PEPSI	0.25 20-24 06/05A | 1,773,000 | EUR | 1,800,136 | 0.23 |
| PEPSICO	1.75 14-21 28/04A | 2,500,000 | EUR | 2,503,937 | 0.32 |
| POLAND 0.00 20-23 07/07U | 1,500,000 | EUR | 1,512,098 | 0.20 |
| PORTUGAL 2.20 15-22 17/10A | 8,000,000 | EUR | 8,422,360 | 1.09 |
| PORTUGAL 2.875 15-25 15/10A | 1,000,000 | EUR | 1,160,315 | 0.15 |
| PORTUGAL 4.95 08-23 25/10A | 3,000,000 | EUR | 3,472,440 | 0.45 |
| PORTUGAL 5.65 13-24 15/02A | 3,000,000 | EUR | 3,585,240 | 0.46 |
| PROCTER & GAMBLE CO  0.55 20-25 29/10S | 2,632,000 | USD | 2,173,812 | 0.28 |
| PROCTER & GAMBLE CO 0.625 18-24 30/10A | 1,500,000 | EUR | 1,550,783 | 0.20 |
| PROCTER GAMB REGS	2.00 12-22 16/08A | 4,000,000 | EUR | 4,153,840 | 0.54 |
| RABOBANK INTL EMTN  4.00 12-22 11/01A | 2,000,000 | EUR | 2,091,600 | 0.27 |
| RABOBANK NEDERLAND  0.125 16-21 11/10A | 1,500,000 | EUR | 1,507,470 | 0.20 |
| RABOBANK NEDERLAND 0.625 19-24 27/02A | 1,000,000 | EUR | 1,024,480 | 0.13 |
| RELX FINANCE BV	0.375 17-21 22/03A | 1,500,000 | EUR | 1,501,433 | 0.19 |
| REPSOL INTL FINANC 0.50 17-22 23/05A | 4,000,000 | EUR | 4,043,820 | 0.52 |
| ROYAL BANK CANADA	0.875 15-22 17/06A | 2,000,000 | EUR | 2,040,480 | 0.26 |
| ROYAL BANK OF CANADA  0.1250 19-24 23/07A | 2,581,000 | EUR | 2,605,119 | 0.34 |
| SANOFI SA	0.5 18-23 21/03A | 3,000,000 | EUR | 3,052,185 | 0.39 |
| SANTAN CONSUMER	1.1250 18-23 09/10A | 1,000,000 | EUR | 1,036,040 | 0.13 |
| SANTANDER CONS FIN 0.3750 19-24 27/06A | 500,000 | EUR | 507,450 | 0.07 |
| SANTANDER CONSUMER 0.875 19-22 21/01A | 2,000,000 | EUR | 2,023,720 | 0.26 |
| SANTANDER INTL DEB 1.375 16-21 03/03A | 500,000 | EUR | 501,467 | 0.07 |
| SAP SE	0.0 20-23 17/05A | 2,000,000 | EUR | 2,012,170 | 0.26 |
| SAP SE	0.25 18-22 10/03A | 2,500,000 | EUR | 2,516,400 | 0.33 |
| SCANIA CV AB	0.00 20-22 23/11U | 2,284,000 | EUR | 2,286,078 | 0.30 |

Candriam Sustainable Bond Euro Short Term
| Investment portfolio as at December 31, 2020 |  |  |  |  |
| --- | --- | --- | --- | --- |
| Description | Quantity | Currency | Market value (in EUR) | % net assets |
| SCHNEIDER ELECT	0.00  20-23 12/06U | 3,000,000 | EUR | 3,020,025 | 0.39 |
| SCHNEIDER ELECTRIC  1.50 15-23 08/09A | 1,500,000 | EUR | 1,565,625 | 0.20 |
| SCHNEIDER ELECTRIC  2.50 13-21 06/09A | 800,000 | EUR | 815,516 | 0.11 |
| SG	0.25 18-22 18/01A | 3,000,000 | EUR | 3,020,895 | 0.39 |
| SIEMENS FIN	0.00 20-23 20/02U | 1,600,000 | EUR | 1,609,040 | 0.21 |
| SIEMENS FIN EMTN	1.75 13-21 12/03A | 1,500,000 | EUR | 1,504,845 | 0.19 |
| SIEMENS FIN NV 0.00 19-24 05/09U | 1,000,000 | EUR | 1,009,515 | 0.13 |
| SIEMENS FIN NV 0.30 19-24 28/02A | 1,076,000 | EUR | 1,097,644 | 0.14 |
| SOCIETE GENERALE	1.00 16-22 01/04A | 3,000,000 | EUR | 3,047,460 | 0.39 |
| SODEXHO	1.75 14-22 24/01A | 2,000,000 | EUR | 2,033,330 | 0.26 |
| SODEXO SA	0.5000 20-24 17/01A | 2,356,000 | EUR | 2,401,153 | 0.31 |
| SOLVAY SA	1.625 15-22 02/12A | 3,000,000 | EUR | 3,093,795 | 0.40 |
| SPAIN 0.00 20-23 30/04U | 23,000,000 | EUR | 23,309,925 | 3.01 |
| SPAIN 0.40 17-22 30/04A | 10,000,000 | EUR | 10,136,800 | 1.31 |
| SPAIN 3.80 14-24 30/04A | 2,200,000 | EUR | 2,520,815 | 0.33 |
| SPAIN 5.40 13-23 31/01A | 7,000,000 | EUR | 7,875,560 | 1.02 |
| SPAIN 5.85 11-22 31/01A | 7,400,000 | EUR | 7,916,890 | 1.02 |
| SPAIN STRIP	0.45 17-22 31/10A | 4,500,000 | EUR | 4,585,545 | 0.59 |
| STATE OF HESSEN	0.00 19-24 26/07U | 2,237,000 | EUR | 2,282,702 | 0.30 |
| STATOIL	0.875 15-23 17/02A | 3,000,000 | EUR | 3,066,930 | 0.40 |
| STATOILHYDRO EMTN	5.625 09-21 11/03A | 1,500,000 | EUR | 1,516,470 | 0.20 |
| SUEZ ENVIRONNEMENT  4.125 10-22 24/06A | 3,500,000 | EUR | 3,739,628 | 0.48 |
| SWISS RE FINANCE (UK) 1.375 16-23 27/05A | 5,000,000 | EUR | 5,186,375 | 0.67 |
| TAKEDA PHARMACE	1.1250 18-22 21/11A | 6,000,000 | EUR | 6,141,450 | 0.79 |
| TELEFONICA EMISIONES 1.069 19-24 05/02A | 700,000 | EUR | 725,389 | 0.09 |
| TELEFONICA EMISIONES 3.987 13-23 23/01A | 2,000,000 | EUR | 2,175,230 | 0.28 |
| TELEKOM FINANZ	4.00 12-22 04/04A | 4,000,000 | EUR | 4,211,340 | 0.54 |
| TELENOR ASA	0.00  19-23 25/09U | 4,119,000 | EUR | 4,146,927 | 0.54 |
| TELENOR ASA	2.75 12-22 27/06A | 1,500,000 | EUR | 1,567,612 | 0.20 |
| TELSTRA CORP LTD 3.50 12-22 21/09A | 3,000,000 | EUR | 3,194,205 | 0.41 |
| TELSTRA CORP LTD	3.625 10-21 15/03A | 1,500,000 | EUR | 1,511,872 | 0.20 |
| TENNET HOLDING	0.875 15-21 04/06A | 2,500,000 | EUR | 2,504,987 | 0.32 |
| TENNET HOLDING B.V  4.50 10-22 09/02A | 1,500,000 | EUR | 1,581,053 | 0.20 |
| TENNET HOLDING EMTN 4.625 11-23 21/02A | 1,000,000 | EUR | 1,104,320 | 0.14 |
| TERNA SPA	1.00 18-23 23/07A | 4,000,000 | EUR | 4,132,260 | 0.53 |
| THERMO FISHER	2.15 15-22 21/07A | 4,000,000 | EUR | 4,124,180 | 0.53 |
| THERMO FISHER S	0.1250 19-25 01/03A | 1,000,000 | EUR | 1,007,730 | 0.13 |
| THERMO FISHER SCIENT 0.75 16-24 12/09A | 1,000,000 | EUR | 1,030,450 | 0.13 |
| TORONTO-DOMINIO	0.3750 19-24 25/04A | 5,275,000 | EUR | 5,363,198 | 0.69 |
| TOTAL CAPITAL	2.125 13-21 19/11A | 1,000,000 | EUR | 1,022,360 | 0.13 |
| TOTAL CAPITAL	3.125 10-22 16/09A | 2,000,000 | EUR | 2,120,000 | 0.27 |
| TOYOTA MOTOR	2.375 13-23 01/02A | 500,000 | EUR | 527,677 | 0.07 |
| TOYOTA MOTOR CR	0.3500 20-22 14/10S | 438,000 | USD | 358,673 | 0.05 |
| TOYOTA MOTOR CR	0.8000 20-25 16/10S | 484,000 | USD | 398,229 | 0.05 |
| TOYOTA MOTOR CREDIT 0.75 15-22 21/07A | 1,500,000 | EUR | 1,524,472 | 0.20 |
| TYCO ELECTRONICS	0.00 20-25 14/02U | 3,044,000 | EUR | 3,071,990 | 0.40 |
| TYCO ELECTRONICS REGS 1.10 15-23 01/03A | 1,000,000 | EUR | 1,028,175 | 0.13 |
| UNIBAIL-RODAMCO	0.1250 18-21 14/05A | 3,000,000 | EUR | 3,002,415 | 0.39 |
| UNICREDIT	3.25 14-21 14/01A | 3,600,000 | EUR | 3,603,654 | 0.47 |
| UNICREDIT	4.375 09-22 31/01A | 1,000,000 | EUR | 1,052,425 | 0.14 |
| UNICREDIT SPA	2.00 16-23 04/03A | 2,000,000 | EUR | 2,093,580 | 0.27 |
| UNICREDIT SPA	6.125 11-21 19/04A | 1,000,000 | EUR | 1,017,045 | 0.13 |
| UNICREDIT SPA REGS  6.95 12-22 31/10A | 1,000,000 | EUR | 1,114,053 | 0.14 |
| UNILEVER NV 0.375 17-23 14/02A | 5,000,000 | EUR | 5,077,200 | 0.66 |
| VEOLIA ENVIRONN.	5.125 07-22 24/05A | 3,500,000 | EUR | 3,764,547 | 0.49 |
| VESTAS WIND SYSTEMS 2.75 15-22 11/03A | 3,500,000 | EUR | 3,588,655 | 0.46 |
| VODAFONE GROUP	1.75 16-23 25/08A | 1,000,000 | EUR | 1,051,115 | 0.14 |
| VODAFONE GROUP	4.65 10-22 20/01A | 2,500,000 | EUR | 2,628,400 | 0.34 |
| VODAFONE GROUP PLC 0.375 17-21 22/11A | 3,331,000 | EUR | 3,352,385 | 0.43 |

Candriam Sustainable Bond Euro Short Term
| Investment portfolio as at December 31, 2020 |  |  |  |  |
| --- | --- | --- | --- | --- |
| Description | Quantity | Currency | Market value (in EUR) | % net assets |
| VOLKSWAGEN GROU	1.2500 20-25 24/11S | 1,366,000 | USD | 1,125,824 | 0.15 |
| VONOVIA FINANCE BV  0.125 19-23 06/04A | 6,000,000 | EUR | 6,042,990 | 0.78 |
| VW INTL FINANCE	0.875 15-23 16/01A | 3,000,000 | EUR | 3,058,245 | 0.40 |
| WILLOW	3.375 12-22 27/06A | 4,500,000 | EUR | 4,746,420 | 0.61 |
| Floating rate notes |  |  | 34,150,943 | 4.41 |
| ALLIANZ FINANCE	FL.R 11-41 08/07A | 2,000,000 | EUR | 2,057,790 | 0.27 |
| BANCO DE SABADE	FL.R 20-23 29/06A | 900,000 | EUR | 923,328 | 0.12 |
| BANK OF MONTREAL FL.R 20-23 08/12Q | 1,304,000 | USD | 1,065,757 | 0.14 |
| BNP PARIBAS REGS	FL.R 14-27 14/10A | 500,000 | EUR | 520,255 | 0.07 |
| CARREFOUR BANQUE  FL.R 18-22 15/06Q | 1,500,000 | EUR | 1,504,597 | 0.19 |
| CNP ASSURANCES	FL.R 11-41 30/09A | 1,000,000 | EUR | 1,052,005 | 0.14 |
| DANONE SA EMTN	FL.R 17-XX 23/06A | 2,500,000 | EUR | 2,575,275 | 0.33 |
| DELTA LLOYD LEVENSV FL.R 12-42 29/08A | 1,000,000 | EUR | 1,147,180 | 0.15 |
| DH EUROPE FIN	FL.R 17-22 30/06Q | 269,000 | EUR | 269,779 | 0.03 |
| DIGITAL DUTCH FINCO FL.R 20-22 23/09Q | 1,554,000 | EUR | 1,558,258 | 0.20 |
| IBERDROLA INTL BV	FL.R 17-XX 22/02A | 3,000,000 | EUR | 3,084,570 | 0.40 |
| ING BANK N.V.	FL.R 18-21 26/11Q | 1,100,000 | EUR | 1,105,252 | 0.14 |
| KBC GROEP	FL.R 15-27 11/03A | 2,500,000 | EUR | 2,551,088 | 0.33 |
| MORGAN STANLEY	FL.R 19-24 26/07A | 1,000,000 | EUR | 1,018,185 | 0.13 |
| OMV AG FL.R 15-XX 09/12A | 500,000 | EUR | 523,355 | 0.07 |
| RABOBANK FL.R 14-26 26/05A | 2,500,000 | EUR | 2,525,400 | 0.33 |
| SANOFI	FL.R 16-22 13/09A | 2,000,000 | EUR | 2,011,120 | 0.26 |
| SOCIETE GENERALE	FL.R 18-28 23/02A | 2,000,000 | EUR | 2,035,510 | 0.26 |
| SOCIETE GENERALE SUB FL.R 14-26 16/09A | 1,400,000 | EUR | 1,422,904 | 0.18 |
| SUEZ	FL.R 15-XX 30/03A | 2,000,000 | EUR | 2,050,010 | 0.26 |
| TOTAL SE	FL.R 16-49 18/05A | 3,000,000 | EUR | 3,149,325 | 0.41 |
| Undertakings for Collective Investment |  |  | 25,907,304 | 3.34 |
| Shares/Units in investment funds |  |  | 25,907,304 | 3.34 |
| CANDRIAM SUSTAINABLE MONEY MARKET EURO Z EUR C | 24,494 | EUR | 25,907,304 | 3.34 |
| Total investment portfolio |  |  | 762,757,502 | 98.53 |
| Acquisition cost |  |  | 767,540,230 |  |

Candriam Sustainable Bond Euro Short Term Geographical and economic breakdown of investments as at December 31, 2020
| Geographical breakdown (in % of net assets) |  |
| --- | --- |
| France | 20.24 |
| Italy | 13.60 |
| Spain | 12.93 |
| United States | 10.83 |
| Germany | 6.07 |
| Netherlands | 5.17 |
| Belgium | 4.17 |
| United Kingdom | 3.55 |
| Switzerland | 3.41 |
| Global World | 3.35 |
| Portugal | 2.62 |
| Canada | 2.57 |
| Norway | 2.23 |
| Australia | 1.69 |
| Austria | 1.08 |
| New Zealand | 0.86 |
| Japan | 0.79 |
| Denmark | 0.73 |
| Finland | 0.69 |
| Ireland | 0.57 |
| Europe | 0.46 |
| Sweden | 0.30 |
| Indonesia | 0.29 |
| Poland | 0.20 |
| Latvia | 0.13 |
|  | 98.53 |
| Economic breakdown (in % of net assets) |  |
| Banks and other financial institutions | 37.50 |
| Bonds of States, provinces and municipalities | 22.72 |
| Communications | 4.58 |
| Insurance | 4.34 |
| Pharmaceuticals and cosmectics | 3.53 |
| Investment funds | 3.35 |
| Utilities | 2.84 |
| Foods and non alcoholic drinks | 2.72 |
| Internet and Internet services | 2.55 |
| Real Estate companies | 2.22 |
| Petroleum | 2.21 |
| Electrical engineering and electronics | 2.07 |
| Miscellaneous consumer goods | 2.05 |
| Electronics and semiconductors | 1.45 |
| Retail trade and department stores | 0.89 |
| Biotechnology | 0.69 |
| Miscellaneous services | 0.52 |
| Office supplies and computing | 0.50 |
| Supranational Organisations | 0.46 |
| Road vehicles | 0.44 |
| Chemicals | 0.40 |
| Textiles and garments | 0.33 |
| Transportation | 0.17 |
|  | 98.53 |

Translation (ENFR, 2020-12-31):
# Candriam Sustainable Bond Euro Short Term
| Portefeuille-titres au 31 décembre 2020 |  |
| --- | --- |
| Dénomination | Quantité | Devise | Valeur d’évaluation | % actifs |
|  |  |  | (en EUR) | nets |
| Valeurs mobilières admises à la cote officielle d’une bourse de valeurs ou traitées sur un autre marché réglementé |  |  | 736.850.198 | 95,19 |
| Obligations |  |  | 702.699.255 | 90,78 |
| 3M EMTN	0,95 15-23 15/05A | 5.000.000 | EUR | 5.155.725 | 0,67 |
| ABBEY NAT TREA SER 1,125 15-22 14/01A | 1.500.000 | EUR | 1.524.067 | 0,20 |
| ABB FINANCE	0,625 16-23 03/05A | 2.000.000 | EUR | 2.038.320 | 0,26 |
| ABBOTT IRELAND	0,1000 19-24 19/11A | 2.259.000 | EUR | 2.283.962 | 0,30 |
| ABBOTT IRELAND FIN  0,875 18-23 27/09A | 4.000.000 | EUR | 4.122.860 | 0,53 |
| ABN AMRO BANK 0,25 18-21 03/12A | 1.500.000 | EUR | 1.510.267 | 0,20 |
| ABN AMRO BANK 1,25 20-25 28/05A | 3.100.000 | EUR | 3.267.074 | 0,42 |
| ABN AMRO BANK NV	0,625 16-22 31/05A | 2.800.000 | EUR | 2.840.474 | 0,37 |
| ADECCO SA	1,50 15-22 22/11A | 1.863.000 | EUR | 1.914.307 | 0,25 |
| ADIDAS	1,25 14-21 08/10A | 2.500.000 | EUR | 2.521.438 | 0,33 |
| AIR LIQUIDE FIN	1,0000 20-25 02/04A | 2.300.000 | EUR | 2.415.000 | 0,31 |
| AIR LIQUIDE FINANCE 0,50 16-22 13/06A | 2.500.000 | EUR | 2.527.175 | 0,33 |
| ALLIANZ FINANCE II  0,25 17-23 06/06A | 3.000.000 | EUR | 3.041.880 | 0,39 |
| ALLIANZ FINANCE II  3,50 12-22 14/02A | 3.000.000 | EUR | 3.132.870 | 0,40 |
| AMGEN INC 1,25 16-22 25/02A | 5.243.000 | EUR | 5.313.780 | 0,69 |
| ANZ BANKING GRP	0,625 18-23 21/02A | 515.000 | EUR | 525.364 | 0,07 |
| ASML HOLDING NV	0,625 16-22 07/07S | 5.000.000 | EUR | 5.060.775 | 0,65 |
| ASTRAZENECA PLC	0,25 16-21 12/05A | 4.500.000 | EUR | 4.502.812 | 0,58 |
| AT&T INC 1,05 18-23 09/05A | 3.000.000 | EUR | 3.091.320 | 0,40 |
| AT&T INC	1,45 14-22 01/06A | 1.000.000 | EUR | 1.020.025 | 0,13 |
| ATOS SE	0,7500 18-22 07/05A | 6.000.000 | EUR | 6.077.160 | 0,79 |
| AVIVA PLC 6,125 13-43 05/07A | 3.000.000 | EUR | 3.440.250 | 0,44 |
| AXA SA 5,125 13-43 04/07A | 6.000.000 | EUR | 6.737.070 | 0,87 |
| BANCO BILBAO VIZCAYA 1,125 19-24 28/02A | 1.000.000 | EUR | 1.033.480 | 0,13 |
| BANCO DE SABADELL SA 0,875 17-23 05/03A | 3.000.000 | EUR | 3.056.295 | 0,40 |
| BANCO SANTANDER SA 0,25 19-24 19/06A | 800.000 | EUR | 811.160 | 0,11 |
| BANCO SANTANDER SA 1,375 17-22 09/02A | 5.500.000 | EUR | 5.602.080 | 0,72 |
| BANK OF MONTREAL	0,125 20-23 26/03A | 1.500.000 | EUR | 1.520.408 | 0,20 |
| BANQUE FEDERATIVE	0,65 20-24 27/02S | 1.667.000 | USD | 1.366.067 | 0,18 |
| BBVA	3,875 13-23 30/01A | 2.000.000 | EUR | 2.181.090 | 0,28 |
| BCO BILBAO VIZCAYA  0,75 17-22 11/09A | 6.500.000 | EUR | 6.607.607 | 0,85 |
| BELFIUS BANK SA	0,01 20-25 15/10A | 2.300.000 | EUR | 2.306.543 | 0,30 |
| BELFIUS BANK SA	0,3750 20-25 02/09A | 2.800.000 | EUR | 2.829.932 | 0,37 |
| BELFIUS BANQUE	0,75 17-22 12/09A | 6.000.000 | EUR | 6.097.650 | 0,79 |
| BELFIUS BANQUE SA/NV 0,625 18-23 30/08A | 1.300.000 | EUR | 1.328.717 | 0,17 |
| BELGIUM 2,25 13-23 22/06A | 4.000.000 | EUR | 4.296.300 | 0,56 |
| BFCM	0,125 18-21 30/08A | 1.800.000 | EUR | 1.807.623 | 0,23 |
| BFCM	0,125 19-24 05/02Y | 1.200.000 | EUR | 1.213.998 | 0,16 |
| BFCM 0,50 18-22 16/11A | 3.000.000 | EUR | 3.046.305 | 0,39 |
| BFCM 0,75 19-23 15/06A | 3.500.000 | EUR | 3.590.352 | 0,46 |
| BNP PARIBAS	1,0000 18-24 17/04A | 2.500.000 | EUR | 2.589.175 | 0,33 |
| BNP PARIBAS	1,125 16-23 15/01A | 1.000.000 | EUR | 1.028.930 | 0,13 |
| BNP PARIBAS	1,125 17-23 10/10A | 3.000.000 | EUR | 3.107.100 | 0,40 |
| BNP PARIBAS	2,875 12-22 24/10A | 2.500.000 | EUR | 2.647.063 | 0,34 |
| BNP PARIBAS REGS	0,75 16-22 11/11A | 1.000.000 | EUR | 1.020.320 | 0,13 |
| BNZ INT FUNDING 0,50 18-23 13/05A | 3.000.000 | EUR | 3.051.780 | 0,39 |
| BNZ INTL FUNDING  0,625 19-22 23/04A | 3.574.000 | EUR | 3.618.228 | 0,47 |
| BPCE SA	1,125 17-23 18/01A | 1.000.000 | EUR | 1.026.730 | 0,13 |
| BRITISH TELECOM	0,625 16-21 10/03A | 2.900.000 | EUR | 2.904.741 | 0,38 |
| BUREAU VERITAS SA	3,125 14-21 21/01A | 1.400.000 | EUR | 1.401.939 | 0,18 |
| CAISSE DEPOTS CONS  0,01 20-25 15/09A | 1.700.000 | EUR | 1.742.738 | 0,23 |
| CANADIAN IMPERIAL  0,4800 20-XX XX/XXQ | 3.164.000 | USD | 2.587.586 | 0,33 |
| CANADIAN IMPERIAL 0,75 18-23 22/03A | 2.000.000 | EUR | 2.046.050 | 0,26 |

Candriam Sustainable Bond Euro Short Term
| Portefeuille-titres au 31 décembre 2020 |  |  |  |  |
| --- | --- | --- | --- | --- |
| Dénomination | Quantité | Devise | Valeur d’évaluation (en EUR) | % actifs nets |
| CANADIAN IMPERIAL BAN 0,375 19-24 03/05A | 2.628.000 | EUR | 2.664.017 | 0,34 |
| CAPGEMINI SE	0,6250 20-25 23/06A | 3.500.000 | EUR | 3.603.635 | 0,47 |
| CAPGEMINI SE	2,50 15-23 01/07A | 500.000 | EUR | 530.313 | 0,07 |
| CARREFOUR SA 0,875 18-23 12/06A | 1.000.000 | EUR | 1.022.865 | 0,13 |
| CARREFOUR SA 1,75 14-22 15/07A | 1.500.000 | EUR | 1.538.572 | 0,20 |
| CASSA DEPOSITI 1,50 17-24 21/06A | 3.000.000 | EUR | 3.160.470 | 0,41 |
| CITIGROUP	0,75 16-23 26/10A | 6.000.000 | EUR | 6.150.030 | 0,79 |
| CM ARKEA	1,00 15-23 26/01A | 3.000.000 | EUR | 3.079.485 | 0,40 |
| CM ARKEA	1,25 17-24 31/05A | 2.000.000 | EUR | 2.080.730 | 0,27 |
| CNP ASSUR,	1,875 16-22 20/10A | 4.500.000 | EUR | 4.655.565 | 0,60 |
| COLGATE-PALMOLIVE CO 0,00 19-21 12/11U | 2.835.000 | EUR | 2.842.754 | 0,37 |
| COUNCIL OF EUROPE	0,375 15-22 27/10A | 3.000.000 | EUR | 3.054.195 | 0,39 |
| CREDIT AGRICOLE LDN 0,50 19-24 24/06A | 3.000.000 | EUR | 3.060.150 | 0,40 |
| CREDIT AGRICOLE LDN 0,75 16-22 01/12A | 2.000.000 | EUR | 2.047.200 | 0,26 |
| CREDIT AGRICOLE LDN 5,125 11-23 18/04A | 1.500.000 | EUR | 1.694.198 | 0,22 |
| CRH FINANCE	3,125 13-23 03/04A | 750.000 | EUR | 806.355 | 0,10 |
| CRH FINANCE GERMANY 1,75 14-21 16/07A | 3.550.000 | EUR | 3.571.318 | 0,46 |
| DANONE SA	0,424 16-22 03/11A | 5.000.000 | EUR | 5.063.925 | 0,65 |
| DASSAULT SYSTEM	0,00  19-22 16/09U | 4.000.000 | EUR | 4.019.080 | 0,52 |
| DEN NORSKE BANK	4,375 11-21 24/02S | 800.000 | EUR | 805.428 | 0,10 |
| DEUTSCHE POST FIN	2,95 12-22 27/06A | 2.000.000 | EUR | 2.098.440 | 0,27 |
| DNB BANK ASA	0,05 19-23 14/11A | 1.010.000 | EUR | 1.018.469 | 0,13 |
| DNB BANK ASA	4,25 12-22 18/01A | 3.000.000 | EUR | 3.146.400 | 0,41 |
| EDP FINANCE	1,875 17-23 29/09A | 500.000 | EUR | 527.203 | 0,07 |
| EDP FINANCE 2,625 14-22 18/01A | 3.000.000 | EUR | 3.090.150 | 0,40 |
| ELIA SYSTEMS OP	1,375 15-24 27/05A | 2.500.000 | EUR | 2.620.113 | 0,34 |
| ELI LILLY & CO	1,00 15-22 02/06A | 4.500.000 | EUR | 4.570.920 | 0,59 |
| ENI EMTN	3,25 13-23 10/07A | 2.000.000 | EUR | 2.177.440 | 0,28 |
| ENI SPA	0,75 16-22 17/05A | 3.000.000 | EUR | 3.044.340 | 0,39 |
| EUROGRID GMBH	1,625 15-23 03/11A | 2.500.000 | EUR | 2.622.787 | 0,34 |
| EUROPEAN FIN STABI  0,50 15-23 20/01A | 500.000 | EUR | 512.287 | 0,07 |
| FERROVIAL REGS	3,375 13-21 07/06A | 1.300.000 | EUR | 1.318.954 | 0,17 |
| FRANCE 0,00 19-25 25/03U | 2.700.000 | EUR | 2.778.340 | 0,36 |
| FRANCE 0,00 20-23 25/02U | 8.000.000 | EUR | 8.126.400 | 1,05 |
| FRANCE 1,00 15-25 25/11A | 1.000.000 | EUR | 1.082.680 | 0,14 |
| FRANCE 2,25 11-22 25/10A | 2.000.000 | EUR | 2.109.030 | 0,27 |
| IBERDROLA FINANZAS  1,00 16-24 07/03A | 3.000.000 | EUR | 3.105.495 | 0,40 |
| IBERDROLA INTL BV 2,50 14-22 24/10A | 1.500.000 | EUR | 1.575.923 | 0,20 |
| IBERDROLA INTL BV	3,00 13-22 31/01A | 300.000 | EUR | 310.656 | 0,04 |
| IBM	0,5 16-21 07/09A | 1.800.000 | EUR | 1.811.061 | 0,23 |
| IBM CORP	0,375 19-23 31/01A | 2.000.000 | EUR | 2.025.610 | 0,26 |
| ICO	0,25 17-22 30/04A | 3.500.000 | EUR | 3.535.298 | 0,46 |
| INDONESIA 2,875 14-21 08/07A | 2.200.000 | EUR | 2.236.982 | 0,29 |
| ING GROUP NV	0,75 17-22 09/03A | 3.500.000 | EUR | 3.541.703 | 0,46 |
| ING GROUP NV	1,0 10,23 20/09A | 4.000.000 | EUR | 4.132.200 | 0,53 |
| INSTITUT CREDIT	0,2500 20-24 30/04A | 1.562.000 | EUR | 1.600.246 | 0,21 |
| INTESA SANPAOLO	0,75 19-24 04/12A | 1.096.000 | EUR | 1.124.902 | 0,15 |
| INTESA SANPAOLO  0,875 17-22 27/06A | 2.000.000 | EUR | 2.031.110 | 0,26 |
| INTESA SANPAOLO	1,0000 19-24 04/07A | 1.444.000 | EUR | 1.490.056 | 0,19 |
| INTESA SAN PAOLO	4,00 13-23 30/11A | 4.000.000 | EUR | 4.453.480 | 0,58 |
| ITALY 0,05 19-23 15/01S | 4.000.000 | EUR | 4.038.140 | 0,52 |
| ITALY	1,45 18-25 15-05S | 19.300.000 | EUR | 20.634.981 | 2,67 |
| ITALY 1,75 19-24 01/07S | 8.000.000 | EUR | 8.554.560 | 1,11 |
| ITALY 4,50 13-23 01/05S | 29.000.000 | EUR | 32.332.100 | 4,18 |
| ITALY BTP  0,65 16-23 15/10S | 9.000.000 | EUR | 9.252.270 | 1,20 |
| KBC GROUP NV	0,75 17-22 01/03M | 2.500.000 | EUR | 2.531.262 | 0,33 |
| KBC GROUP NV 0,875 18-23 27/06A | 4.500.000 | EUR | 4.626.495 | 0,60 |
| KELLOGG	1,75 14-21 24/05A | 1.600.000 | EUR | 1.612.760 | 0,21 |
| KELLOGG CO	0,80 17-22 17/11A | 2.400.000 | EUR | 2.445.624 | 0,32 |

Candriam Sustainable Bond Euro Short Term
| Portefeuille-titres au 31 décembre 2020 |  |  |  |  |
| --- | --- | --- | --- | --- |
| Dénomination | Quantité | Devise | Valeur d’évaluation (en EUR) | % actifs nets |
| KERING	0,2500 20-23 13/05A | 4.300.000 | EUR | 4.344.935 | 0,56 |
| KLEPIERRE	4,75 11-21 14/03A | 3.000.000 | EUR | 3.027.060 | 0,39 |
| KLEPIERRE EMTN	1,00 15-23 17/04A | 5.000.000 | EUR | 5.123.900 | 0,66 |
| LATVIA GOVERNMENT	0,125 20-23 14/04A | 1.000.000 | EUR | 1.014.750 | 0,13 |
| LEGRAND SA	0,50 17-23 09/10A | 1.500.000 | EUR | 1.527.862 | 0,20 |
| LLOYDS BANK GROUP 1,00 16-23 09/11A | 1.000.000 | EUR | 1.032.040 | 0,13 |
| MASTERCARD	1,10 15-22 01/12S | 8.000.000 | EUR | 8.198.040 | 1,06 |
| MEDTRONIC GLOBAL HOLD 0,00 19-22 02/12U | 3.367.000 | EUR | 3.382.993 | 0,44 |
| MEDTRONIC GLOBAL HOLD 0,00 20-23 15/03U | 2.552.000 | EUR | 2.564.390 | 0,33 |
| MEDTRONIC GLOBAL HOLD 0,00 20-25 15/10U | 1.134.000 | EUR | 1.139.313 | 0,15 |
| MERCK FINANCIAL 0,005 19-23 15/12A | 1.300.000 | EUR | 1.307.514 | 0,17 |
| MERCK FINANCIAL 1,375 15-22 01/09A | 2.000.000 | EUR | 2.046.180 | 0,26 |
| MICROSOFT CORP 2,125 13-21 06/12S | 1.000.000 | EUR | 1.017.465 | 0,13 |
| MORGAN STANLEY	0,56 20-23 10/11S | 1.371.000 | USD | 1.123.048 | 0,15 |
| MUNICH RE EMTN  6,25 12-42 26/05A | 3.000.000 | EUR | 3.257.505 | 0,42 |
| NATIONAL AUSTRALIA  0,25 19-24 20/05A | 1.752.000 | EUR | 1.781.083 | 0,23 |
| NATIONAL AUSTRALIA 0,35 17-22 07/09A | 4.000.000 | EUR | 4.048.180 | 0,52 |
| NATIONAL AUSTRALIA BK 0,625 18-23 30/08A | 2.000.000 | EUR | 2.049.020 | 0,26 |
| NATIONWIDE BUILDING 0,625 17-23 19/04A | 459.000 | EUR | 467.404 | 0,06 |
| NESTLE FINANCE	0,00001 20-25 3/12A | 2.710.000 | EUR | 2.742.073 | 0,35 |
| NESTLE FINANCE	0,00 20-24 12/11U | 3.124.000 | EUR | 3.155.880 | 0,41 |
| NN GROUP NV	1,00 15-22 18/03A | 5.000.000 | EUR | 5.078.150 | 0,66 |
| NORDEA BANK	2,00 14-21 17/02A | 700.000 | EUR | 702.086 | 0,09 |
| NORDEA BANK AB	0,30 17-22 30/06A | 3.500.000 | EUR | 3.534.773 | 0,46 |
| NORDEA BK	0,875 18-23 26/06A | 1.041.000 | EUR | 1.069.877 | 0,14 |
| NORDRHEIN WESTFALEN 4,375 07-22 29/04A | 2.500.000 | EUR | 2.664.438 | 0,34 |
| NOVARTIS FINANCE S 0 17-21 31/03A | 1.500.000 | EUR | 1.501.043 | 0,19 |
| NOVARTIS FINANCE SA 0,5 18-23 14/08A | 1.000.000 | EUR | 1.020.715 | 0,13 |
| OMV AG 2,625 12-22 27/09A | 1.300.000 | EUR | 1.366.807 | 0,18 |
| OMV AG EMTN	4,25 11-21 12/10A | 2.200.000 | EUR | 2.279.662 | 0,29 |
| ORANGE EMTN	3,375 10-22 16/09A | 2.200.000 | EUR | 2.340.932 | 0,30 |
| ORANGE SA	0,5 19-22  15/01A | 1.000.000 | EUR | 1.008.320 | 0,13 |
| ORANGE SA	1,1250 19-24 15/07A | 500.000 | EUR | 521.705 | 0,07 |
| ORSTED	2,625 12-22 19/09A | 2.000.000 | EUR | 2.096.910 | 0,27 |
| PEPSI	0,25 20-24 06/05A | 1.773.000 | EUR | 1.800.136 | 0,23 |
| PEPSICO	1,75 14-21 28/04A | 2.500.000 | EUR | 2.503.937 | 0,32 |
| POLAND 0,00 20-23 07/07U | 1.500.000 | EUR | 1.512.098 | 0,20 |
| PORTUGAL 2,20 15-22 17/10A | 8.000.000 | EUR | 8.422.360 | 1,09 |
| PORTUGAL 2,875 15-25 15/10A | 1.000.000 | EUR | 1.160.315 | 0,15 |
| PORTUGAL 4,95 08-23 25/10A | 3.000.000 | EUR | 3.472.440 | 0,45 |
| PORTUGAL 5,65 13-24 15/02A | 3.000.000 | EUR | 3.585.240 | 0,46 |
| PROCTER & GAMBLE CO  0,55 20-25 29/10S | 2.632.000 | USD | 2.173.812 | 0,28 |
| PROCTER & GAMBLE CO 0,625 18-24 30/10A | 1.500.000 | EUR | 1.550.783 | 0,20 |
| PROCTER GAMB REGS	2,00 12-22 16/08A | 4.000.000 | EUR | 4.153.840 | 0,54 |
| RABOBANK INTL EMTN  4,00 12-22 11/01A | 2.000.000 | EUR | 2.091.600 | 0,27 |
| RABOBANK NEDERLAND  0,125 16-21 11/10A | 1.500.000 | EUR | 1.507.470 | 0,20 |
| RABOBANK NEDERLAND 0,625 19-24 27/02A | 1.000.000 | EUR | 1.024.480 | 0,13 |
| RELX FINANCE BV	0,375 17-21 22/03A | 1.500.000 | EUR | 1.501.433 | 0,19 |
| REPSOL INTL FINANC 0,50 17-22 23/05A | 4.000.000 | EUR | 4.043.820 | 0,52 |
| ROYAL BANK CANADA	0,875 15-22 17/06A | 2.000.000 | EUR | 2.040.480 | 0,26 |
| ROYAL BANK OF CANADA  0,1250 19-24 23/07A | 2.581.000 | EUR | 2.605.119 | 0,34 |
| SANOFI SA	0,5 18-23 21/03A | 3.000.000 | EUR | 3.052.185 | 0,39 |
| SANTAN CONSUMER	1,1250 18-23 09/10A | 1.000.000 | EUR | 1.036.040 | 0,13 |
| SANTANDER CONS FIN 0,3750 19-24 27/06A | 500.000 | EUR | 507.450 | 0,07 |
| SANTANDER CONSUMER 0,875 19-22 21/01A | 2.000.000 | EUR | 2.023.720 | 0,26 |
| SANTANDER INTL DEB 1,375 16-21 03/03A | 500.000 | EUR | 501.467 | 0,07 |
| SAP SE	0,0 20-23 17/05A | 2.000.000 | EUR | 2.012.170 | 0,26 |
| SAP SE	0,25 18-22 10/03A | 2.500.000 | EUR | 2.516.400 | 0,33 |
| SCANIA CV AB	0,00 20-22 23/11U | 2.284.000 | EUR | 2.286.078 | 0,30 |

Candriam Sustainable Bond Euro Short Term
| Portefeuille-titres au 31 décembre 2020 |  |  |  |  |
| --- | --- | --- | --- | --- |
| Dénomination | Quantité | Devise | Valeur d’évaluation (en EUR) | % actifs nets |
| SCHNEIDER ELECT	0,00  20-23 12/06U | 3.000.000 | EUR | 3.020.025 | 0,39 |
| SCHNEIDER ELECTRIC  1,50 15-23 08/09A | 1.500.000 | EUR | 1.565.625 | 0,20 |
| SCHNEIDER ELECTRIC  2,50 13-21 06/09A | 800.000 | EUR | 815.516 | 0,11 |
| SG	0,25 18-22 18/01A | 3.000.000 | EUR | 3.020.895 | 0,39 |
| SIEMENS FIN	0,00 20-23 20/02U | 1.600.000 | EUR | 1.609.040 | 0,21 |
| SIEMENS FIN EMTN	1,75 13-21 12/03A | 1.500.000 | EUR | 1.504.845 | 0,19 |
| SIEMENS FIN NV 0,00 19-24 05/09U | 1.000.000 | EUR | 1.009.515 | 0,13 |
| SIEMENS FIN NV 0,30 19-24 28/02A | 1.076.000 | EUR | 1.097.644 | 0,14 |
| SOCIETE GENERALE	1,00 16-22 01/04A | 3.000.000 | EUR | 3.047.460 | 0,39 |
| SODEXHO	1,75 14-22 24/01A | 2.000.000 | EUR | 2.033.330 | 0,26 |
| SODEXO SA	0,5000 20-24 17/01A | 2.356.000 | EUR | 2.401.153 | 0,31 |
| SOLVAY SA	1,625 15-22 02/12A | 3.000.000 | EUR | 3.093.795 | 0,40 |
| SPAIN 0,00 20-23 30/04U | 23.000.000 | EUR | 23.309.925 | 3,01 |
| SPAIN 0,40 17-22 30/04A | 10.000.000 | EUR | 10.136.800 | 1,31 |
| SPAIN 3,80 14-24 30/04A | 2.200.000 | EUR | 2.520.815 | 0,33 |
| SPAIN 5,40 13-23 31/01A | 7.000.000 | EUR | 7.875.560 | 1,02 |
| SPAIN 5,85 11-22 31/01A | 7.400.000 | EUR | 7.916.890 | 1,02 |
| SPAIN STRIP	0,45 17-22 31/10A | 4.500.000 | EUR | 4.585.545 | 0,59 |
| STATE OF HESSEN	0,00 19-24 26/07U | 2.237.000 | EUR | 2.282.702 | 0,30 |
| STATOIL	0,875 15-23 17/02A | 3.000.000 | EUR | 3.066.930 | 0,40 |
| STATOILHYDRO EMTN	5,625 09-21 11/03A | 1.500.000 | EUR | 1.516.470 | 0,20 |
| SUEZ ENVIRONNEMENT  4,125 10-22 24/06A | 3.500.000 | EUR | 3.739.628 | 0,48 |
| SWISS RE FINANCE (UK) 1,375 16-23 27/05A | 5.000.000 | EUR | 5.186.375 | 0,67 |
| TAKEDA PHARMACE	1,1250 18-22 21/11A | 6.000.000 | EUR | 6.141.450 | 0,79 |
| TELEFONICA EMISIONES 1,069 19-24 05/02A | 700.000 | EUR | 725.389 | 0,09 |
| TELEFONICA EMISIONES 3,987 13-23 23/01A | 2.000.000 | EUR | 2.175.230 | 0,28 |
| TELEKOM FINANZ	4,00 12-22 04/04A | 4.000.000 | EUR | 4.211.340 | 0,54 |
| TELENOR ASA	0,00  19-23 25/09U | 4.119.000 | EUR | 4.146.927 | 0,54 |
| TELENOR ASA	2,75 12-22 27/06A | 1.500.000 | EUR | 1.567.612 | 0,20 |
| TELSTRA CORP LTD 3,50 12-22 21/09A | 3.000.000 | EUR | 3.194.205 | 0,41 |
| TELSTRA CORP LTD	3,625 10-21 15/03A | 1.500.000 | EUR | 1.511.872 | 0,20 |
| TENNET HOLDING	0,875 15-21 04/06A | 2.500.000 | EUR | 2.504.987 | 0,32 |
| TENNET HOLDING B,V  4,50 10-22 09/02A | 1.500.000 | EUR | 1.581.053 | 0,20 |
| TENNET HOLDING EMTN 4,625 11-23 21/02A | 1.000.000 | EUR | 1.104.320 | 0,14 |
| TERNA SPA	1,00 18-23 23/07A | 4.000.000 | EUR | 4.132.260 | 0,53 |
| THERMO FISHER	2,15 15-22 21/07A | 4.000.000 | EUR | 4.124.180 | 0,53 |
| THERMO FISHER S	0,1250 19-25 01/03A | 1.000.000 | EUR | 1.007.730 | 0,13 |
| THERMO FISHER SCIENT 0,75 16-24 12/09A | 1.000.000 | EUR | 1.030.450 | 0,13 |
| TORONTO-DOMINIO	0,3750 19-24 25/04A | 5.275.000 | EUR | 5.363.198 | 0,69 |
| TOTAL CAPITAL	2,125 13-21 19/11A | 1.000.000 | EUR | 1.022.360 | 0,13 |
| TOTAL CAPITAL	3,125 10-22 16/09A | 2.000.000 | EUR | 2.120.000 | 0,27 |
| TOYOTA MOTOR	2,375 13-23 01/02A | 500.000 | EUR | 527.677 | 0,07 |
| TOYOTA MOTOR CR	0,3500 20-22 14/10S | 438.000 | USD | 358.673 | 0,05 |
| TOYOTA MOTOR CR	0,8000 20-25 16/10S | 484.000 | USD | 398.229 | 0,05 |
| TOYOTA MOTOR CREDIT 0,75 15-22 21/07A | 1.500.000 | EUR | 1.524.472 | 0,20 |
| TYCO ELECTRONICS	0,00 20-25 14/02U | 3.044.000 | EUR | 3.071.990 | 0,40 |
| TYCO ELECTRONICS REGS 1,10 15-23 01/03A | 1.000.000 | EUR | 1.028.175 | 0,13 |
| UNIBAIL-RODAMCO	0,1250 18-21 14/05A | 3.000.000 | EUR | 3.002.415 | 0,39 |
| UNICREDIT	3,25 14-21 14/01A | 3.600.000 | EUR | 3.603.654 | 0,47 |
| UNICREDIT	4,375 09-22 31/01A | 1.000.000 | EUR | 1.052.425 | 0,14 |
| UNICREDIT SPA	2,00 16-23 04/03A | 2.000.000 | EUR | 2.093.580 | 0,27 |
| UNICREDIT SPA	6,125 11-21 19/04A | 1.000.000 | EUR | 1.017.045 | 0,13 |
| UNICREDIT SPA REGS  6,95 12-22 31/10A | 1.000.000 | EUR | 1.114.053 | 0,14 |
| UNILEVER NV 0,375 17-23 14/02A | 5.000.000 | EUR | 5.077.200 | 0,66 |
| VEOLIA ENVIRONN,	5,125 07-22 24/05A | 3.500.000 | EUR | 3.764.547 | 0,49 |
| VESTAS WIND SYSTEMS 2,75 15-22 11/03A | 3.500.000 | EUR | 3.588.655 | 0,46 |
| VODAFONE GROUP	1,75 16-23 25/08A | 1.000.000 | EUR | 1.051.115 | 0,14 |
| VODAFONE GROUP	4,65 10-22 20/01A | 2.500.000 | EUR | 2.628.400 | 0,34 |
| VODAFONE GROUP PLC 0,375 17-21 22/11A | 3.331.000 | EUR | 3.352.385 | 0,43 |

Candriam Sustainable Bond Euro Short Term
| Portefeuille-titres au 31 décembre 2020 |  |  |  |  |
| --- | --- | --- | --- | --- |
| Dénomination | Quantité | Devise | Valeur d’évaluation (en EUR) | % actifs nets |
| VOLKSWAGEN GROU	1,2500 20-25 24/11S | 1.366.000 | USD | 1.125.824 | 0,15 |
| VONOVIA FINANCE BV  0,125 19-23 06/04A | 6.000.000 | EUR | 6.042.990 | 0,78 |
| VW INTL FINANCE	0,875 15-23 16/01A | 3.000.000 | EUR | 3.058.245 | 0,40 |
| WILLOW	3,375 12-22 27/06A | 4.500.000 | EUR | 4.746.420 | 0,61 |
| Obligations à taux variables |  |  | 34.150.943 | 4,41 |
| ALLIANZ FINANCE	FL,R 11-41 08/07A | 2.000.000 | EUR | 2.057.790 | 0,27 |
| BANCO DE SABADE	FL,R 20-23 29/06A | 900.000 | EUR | 923.328 | 0,12 |
| BANK OF MONTREAL FL,R 20-23 08/12Q | 1.304.000 | USD | 1.065.757 | 0,14 |
| BNP PARIBAS REGS	FL,R 14-27 14/10A | 500.000 | EUR | 520.255 | 0,07 |
| CARREFOUR BANQUE  FL,R 18-22 15/06Q | 1.500.000 | EUR | 1.504.597 | 0,19 |
| CNP ASSURANCES	FL,R 11-41 30/09A | 1.000.000 | EUR | 1.052.005 | 0,14 |
| DANONE SA EMTN	FL,R 17-XX 23/06A | 2.500.000 | EUR | 2.575.275 | 0,33 |
| DELTA LLOYD LEVENSV FL,R 12-42 29/08A | 1.000.000 | EUR | 1.147.180 | 0,15 |
| DH EUROPE FIN	FL,R 17-22 30/06Q | 269.000 | EUR | 269.779 | 0,03 |
| DIGITAL DUTCH FINCO FL,R 20-22 23/09Q | 1.554.000 | EUR | 1.558.258 | 0,20 |
| IBERDROLA INTL BV	FL,R 17-XX 22/02A | 3.000.000 | EUR | 3.084.570 | 0,40 |
| ING BANK N,V,	FL,R 18-21 26/11Q | 1.100.000 | EUR | 1.105.252 | 0,14 |
| KBC GROEP	FL,R 15-27 11/03A | 2.500.000 | EUR | 2.551.088 | 0,33 |
| MORGAN STANLEY	FL,R 19-24 26/07A | 1.000.000 | EUR | 1.018.185 | 0,13 |
| OMV AG FL,R 15-XX 09/12A | 500.000 | EUR | 523.355 | 0,07 |
| RABOBANK FL,R 14-26 26/05A | 2.500.000 | EUR | 2.525.400 | 0,33 |
| SANOFI	FL,R 16-22 13/09A | 2.000.000 | EUR | 2.011.120 | 0,26 |
| SOCIETE GENERALE	FL,R 18-28 23/02A | 2.000.000 | EUR | 2.035.510 | 0,26 |
| SOCIETE GENERALE SUB FL,R 14-26 16/09A | 1.400.000 | EUR | 1.422.904 | 0,18 |
| SUEZ	FL,R 15-XX 30/03A | 2.000.000 | EUR | 2.050.010 | 0,26 |
| TOTAL SE	FL,R 16-49 18/05A | 3.000.000 | EUR | 3.149.325 | 0,41 |
| Organismes de placement collectif |  |  | 25.907.304 | 3,34 |
| Actions/Parts détenues dans des fonds d’investissement |  |  | 25.907.304 | 3,34 |
| CANDRIAM SUSTAINABLE MONEY MARKET EURO Z EUR C | 24.494 | EUR | 25.907.304 | 3,34 |
| Total du portefeuille-titres |  |  | 762.757.502 | 98,53 |
| Coût d’acquisition |  |  | 767.540.230 |  |

Candriam Sustainable Bond Euro Short Term Répartition géographique et économique du portefeuille-titres au 31 décembre 2020
| Répartition géographique (en % des actifs nets) |  |
| --- | --- |
| France | 20,24 |
| Italie | 13,60 |
| Espagne | 12,93 |
| États-Unis | 10,83 |
| Allemagne | 6,07 |
| Pays-Bas | 5,17 |
| Belgique | 4,17 |
| Royaume-Uni | 3,55 |
| Suisse | 3,41 |
| Monde global | 3,35 |
| Portugal | 2,62 |
| Canada | 2,57 |
| Norvège | 2,23 |
| Australie | 1,69 |
| Autriche | 1,08 |
| Nouvelle-Zélande | 0,86 |
| Japon | 0,79 |
| Danemark | 0,73 |
| Finlande | 0,69 |
| Irlande | 0,57 |
| Europe | 0,46 |
| Suède | 0,30 |
| Indonésie | 0,29 |
| Pologne | 0,20 |
| Lettonie | 0,13 |
|  | 98,53 |
| Répartition économique (en % des actifs nets) |  |
| Banques et autres institutions financières | 37,50 |
| Obligations d'Etats, de Provinces et communes | 22,72 |
| Télécommunication | 4,58 |
| Assurances | 4,34 |
| Industrie pharmaceutique et cosmétique | 3,53 |
| Fonds d'investissement | 3,35 |
| Energie et eau | 2,84 |
| Industrie agro-alimentaire | 2,72 |
| Internet et services d'Internet | 2,55 |
| Sociétés immobilières | 2,22 |
| Pétrole | 2,21 |
| Electrotechnique et électronique | 2,07 |
| Bien de consommation divers | 2,05 |
| Electronique et semiconducteurs | 1,45 |
| Distribution, commerce de détail | 0,89 |
| Biotechnologie | 0,69 |
| Services divers | 0,52 |
| Articles de bureaux et ordinateurs | 0,50 |
| Organisations supranationales | 0,46 |
| Industrie automobile | 0,44 |
| Chimie | 0,40 |
| Textile et habillement | 0,33 |
| Transports | 0,17 |
|  | 98,53 |