OVHaiLLM/Flipper huggingface dataset:
|  | MSCI Emerging Markets NR (50.8%) Global Emerging Markets Equity - OE (43.1%) |
| --- | --- |
|  |
| Performance % | I2 (Net) | Index | Sector | Quartile ranking | I2 (Gross) | Target (Gross) |
| 1 month | -3.3 | -2.2 | -2.1 | 4th | - | - |
| YTD | 6.2 | 4.3 | 4.8 | 2nd | - | - |
| 1 year | 22.0 | 19.6 | 20.5 | 2nd | - | - |
| 3 years (annualised) | 8.0 | 8.7 | 8.5 | 3rd | - | - |
| 5 years (annualised) | 5.6 | 8.6 | 7.4 | 4th | 6.9 | 10.7 |
| 10 years (annualised) | 6.7 | 7.8 | 7.0 | 3rd | 8.0 | 10.0 |
| Since inception 29 Sep 2000 (annualised) | 6.2 | 7.1 | 6.2 | - | 7.4 | 9.3 |

Translation (ENFR, 2021-09-30):
|  | MSCI Emerging Markets NR (50.8%) Global Emerging Markets Equity - OE (43.1%) |
| --- | --- |
|  |
| Performance % | I2 (Nette) | Indice | Secteur | Quartile I2 (Brut) Objectif (Brut) |
| 1 mois | -3.3 | -2.2 | -2.1 | 4ème | - | - |
| Depuis le début de l’année | 6.2 | 4.3 | 4.8 | 2ème | - | - |
| 1 an | 22.0 | 19.6 | 20.5 | 2ème | - | - |
| 3 ans (annualisée) | 8.0 | 8.7 | 8.5 | 3ème | - | - |
| 5 ans (annualisée) | 5.6 | 8.6 | 7.4 | 4ème | 6.9 | 10.7 |
| 10 ans (annualisée) | 6.7 | 7.8 | 7.0 | 3ème | 8.0 | 10.0 |
| Depuis création 29 sept. 2000 (annualisée) | 6.2 | 7.1 | 6.2 | - | 7.4 | 9.3 |
| Discrete year performance % | I2 (Net) | Index | Sector | I2 (Gross) | Target (Gross) |
| --- | --- | --- | --- | --- | --- |
| 30 Sep 2020 to 30 Sep 2021 | 22.0 | 19.6 | 20.5 | 23.4 | 22.0 |
| 30 Sep 2019 to 30 Sep 2020 | 1.4 | 2.8 | 0.5 | 2.7 | 4.8 |
| 30 Sep 2018 to 30 Sep 2019 | 1.9 | 4.4 | 5.4 | 3.1 | 6.5 |
| 30 Sep 2017 to 30 Sep 2018 | -4.7 | 1.0 | -2.0 | -3.6 | 3.0 |
| 30 Sep 2016 to 30 Sep 2017 | 9.2 | 16.4 | 14.4 | 10.5 | 18.7 |

Translation (ENFR, 2021-09-30):
| Performances annuelles en % | I2 (Nette) | Indice | Secteur | I2 (Brut) | Objectif (Brut) |
| --- | --- | --- | --- | --- | --- |
| 30 sept. 2020 au 30 sept. 2021 | 22.0 | 19.6 | 20.5 | 23.4 | 22.0 |
| 30 sept. 2019 au 30 sept. 2020 | 1.4 | 2.8 | 0.5 | 2.7 | 4.8 |
| 30 sept. 2018 au 30 sept. 2019 | 1.9 | 4.4 | 5.4 | 3.1 | 6.5 |
| 30 sept. 2017 au 30 sept. 2018 | -4.7 | 1.0 | -2.0 | -3.6 | 3.0 |
| 30 sept. 2016 au 30 sept. 2017 | 9.2 | 16.4 | 14.4 | 10.5 | 18.7 |
| Top 10 holdings | (%) | Top 10 countries | (%) | Top 10 sectors | (%) |
| --- | --- | --- | --- | --- | --- |
| Taiwan Semiconductor Manufacturing | 8.5 | China | 28.1 | Information Technology | 27.0 |
| Tencent | 6.1 | Taiwan | 14.2 | Financials | 14.6 |
| Samsung Electronics | 5.1 | South Korea | 11.4 | Consumer Discretionary | 13.8 |
| Housing Development Finance | 3.7 | India | 9.1 | Communication Services | 11.9 |
| ICICI Bank | 2.3 | Brazil | 5.0 | Materials | 8.7 |
| LUKOIL | 2.1 | Hong Kong | 4.4 | Industrials | 5.9 |
| Alibaba Group | 2.1 | Vietnam | 2.7 | Cash | 5.6 |
| Full Truck Alliance | 2.0 | United Kingdom | 2.6 | Health Care | 5.3 |
| Ivanhoe Mines | 2.0 | Canada | 2.6 | Consumer Staples | 3.8 |
| Hon Hai Precision Industry | 1.9 | Russian Federation | 2.1 | Energy | 2.1 |
| Total number of positions | 65 | Cash | 5.6 |  |  |

Translation (ENFR, 2021-09-30):
| Top 10 des sociétés de portefeuille | (%) | Top 10 des pays | (%) | Top 10 des secteurs | (%) |
| --- | --- | --- | --- | --- | --- |
| Taiwan Semiconductor Manufacturing | 8.5 | Chine | 28.1 | Technologies de l'Information | 27.0 |
| Tencent | 6.1 | Taïwan | 14.2 | Sociétés Financières | 14.6 |
| Samsung Electronics | 5.1 | Corée du Sud | 11.4 | Consommation Discrétionnaire | 13.8 |
| Housing Development Finance | 3.7 | Inde | 9.1 | Services de communication | 11.9 |
| ICICI Bank | 2.3 | Brésil | 5.0 | Matériaux | 8.7 |
| LUKOIL | 2.1 | Hong-Kong | 4.4 | Industrie | 5.9 |
| Alibaba Group | 2.1 | Viêt Nam | 2.7 | Liquidités | 5.6 |
| Full Truck Alliance | 2.0 | Royaume-Uni | 2.6 | Soins de Santé | 5.3 |
| Ivanhoe Mines | 2.0 | Canada | 2.6 | Consommation de base | 3.8 |
| Hon Hai Precision Industry | 1.9 | Fédération de Russie | 2.1 | Énergie | 2.1 |
| Nombre total de positions | 65 | Liquidités | 5.6 |  |  |
# Top holdings (%)	Fund
Top countries (%)
Japan Hong Kong Australia Singapore
China
Fund 39.27
22.68
17.15
15.44
2.29
Index 42.75
21.95
16.81
16.70
—
Link REIT	8.89
CK Asset	7.44
Stockland	5.38
Mitsubishi Estate	5.13
Mitsui Fudosan	4.98

Translation (ENFR, 2023-01-31):
# Principaux pays (%)
Japon
Fonds 39.27
Indice 42.75
Statistiques de risque (3 ans)	
Fonds  Indice
Bêta	0,78	—
| Ratio de Sharpe | -0,16 | — |
| --- | --- | --- |
| Principaux titres (%) |  | Fonds |
| Link REIT |  | 8,89 |
|  |  |  |
| CK Asset |  | 7,44 |
| Stockland |  | 5,38 |
| Mitsubishi Estate	5,13 Mitsui Fudosan	4,98 |

CapitaLand Ascendas REIT	4,61
Vicinity	4,53
CapitaLand Integrated Commercial Trust	4,39
Orix JREIT	4,38
Hong Kong Australie Singapour
Chine
# Codes
ISIN	LU1678960813
SEDOL	BF0LFC4
WKN	A2JC96
Valoren	39592986
| Market capitalisation of equity holdings (%) | Fund | Index |
| --- | --- | --- |
| >US$20bn | 11.47 | 8.89 |
| US$10bn-20bn | 30.94 | 29.37 |
| US$5bn-10bn | 18.65 | 25.52 |
| <US$5bn | 35.76 | 36.22 |

Translation (ENFR, 2023-01-31):
# Codes
Code ISIN	LU1678960813
22.68
17.15
15.44
2.29
Fonds 96.82
3.18
21.95
16.81
16.70
—
Indice 97.15
—
| Capitaland Investment	4,18 Total	53,91 Toute référence à des titres spécifiques ne constitue et ne fait partie d'aucune offre ou sollicitation d’émission des titres évoqués dans le rapport. |
| --- |
| Capitalisation boursière des titres en portefeuille (%) | Fonds | Indice |
| >20 mrd. USD | 11,47 | 8,89 |
| 10-20 mrd. USD | 30,94 | 29,37 |
| US$5bn-10bn | 18,65 | 25,52 |
| <US$5bn | 35,76 | 36,22 |

SEDOL	BF0LFC4
WKN	A2JC96
Valoren	39592986
|  | MSCI Zhong Hua 10/40 NR (87.8%) China Equity - OE (83.7%) |
| --- | --- |
|  |
| Performance % | A1 (Net) | Index | Sector A1 (Gross) | Target (Gross) |
| 1 month | -11.4 | -11.9 | -11.1 | - | - |
| YTD | -11.6 | -8.9 | -7.8 | - | - |
| 1 year | 2.2 | 7.2 | 9.0 | - | - |
| 3 years (annualised) | 5.0 | 7.5 | 9.6 | - | - |
| 5 years (annualised) | 10.6 | 13.4 | 12.9 | 12.8 | 14.0 |
| 10 years (annualised) | 5.4 | 6.8 | 6.1 | 7.5 | 7.1 |
| Since inception 25 Jan 2008 (annualised) | 6.9 | 5.6 | 4.6 | 9.0 | 5.8 |

Translation (ENFR, 2021-07-31):
|  | MSCI Zhong Hua 10/40 NR (87.8%) China Equity - OE (83.7%) |
| --- | --- |
|  |
| Performance % | A1 (Nette) | Indice | Secteur | A1 (Brut) | Objectif (Brut) |
| 1 mois | -11.4 | -11.9 | -11.1 | - | - |
| Depuis le début de l’année | -11.6 | -8.9 | -7.8 | - | - |
| 1 an | 2.2 | 7.2 | 9.0 | - | - |
| 3 ans (annualisée) | 5.0 | 7.5 | 9.6 | - | - |
| 5 ans (annualisée) | 10.6 | 13.4 | 12.9 | 12.8 | 14.0 |
| 10 ans (annualisée) | 5.4 | 6.8 | 6.1 | 7.5 | 7.1 |
| Depuis création 25 janv. 2008 (annualisée) | 6.9 | 5.6 | 4.6 | 9.0 | 5.8 |
| Top 10 holdings | (%) | Country breakdown | (%) | Top 10 sectors | (%) |
| --- | --- | --- | --- | --- | --- |
| Alibaba Group | 9.3 | Hong Kong | 61.4 | Consumer Discretionary | 32.9 |
| Tencent | 9.1 | China A shares | 19.9 | Financials | 19.4 |
| AIA Group | 8.0 | US (including ADR's) | 17.1 | Communication Services | 13.4 |
| Hong Kong Exchanges & Clearing | 4.6 | China B Shares | 0.9 | Information Technology | 12.2 |
| NetEase | 4.3 | Cash | 0.7 | Materials | 4.6 |
| LONGi Green Energy Technology | 3.8 |  |  | Consumer Staples | 4.4 |
| Zhongsheng Group | 3.0 |  |  | Industrials | 4.0 |
| Sunny Optical Technology Group | 3.0 |  |  | Health Care | 3.2 |
| Beijing Oriental Yuhong Waterproof Technology | 3.0 |  |  | Real Estate | 2.9 |
| China Merchants Bank | 2.9 |  |  | Energy | 2.1 |
| Total number of positions | 42 |  |  |  |  |

Translation (ENFR, 2021-07-31):
| Top 10 des sociétés de portefeuille | (%) | Répartition géographique | (%) | Top 10 des secteurs | (%) |
| --- | --- | --- | --- | --- | --- |
| Alibaba Group | 9.3 | Hong-Kong | 61.4 | Consommation Discrétionnaire | 32.9 |
| Tencent | 9.1 | Chine actions A | 19.9 | Sociétés Financières | 19.4 |
| AIA Group | 8.0 | États-Unis (incluant les ADR) | 17.1 | Services de communication | 13.4 |
| Hong Kong Exchanges & Clearing | 4.6 | Chine Actions B | 0.9 | Technologies de l'Information | 12.2 |
| NetEase | 4.3 | Liquidités | 0.7 | Matériaux | 4.6 |
| LONGi Green Energy Technology | 3.8 |  |  | Consommation de base | 4.4 |
| Zhongsheng Group | 3.0 |  |  | Industrie | 4.0 |
| Sunny Optical Technology Group | 3.0 |  |  | Soins de Santé | 3.2 |
| Beijing Oriental Yuhong Waterproof Technology | 3.0 |  |  | Immobilier | 2.9 |
| China Merchants Bank | 2.9 |  |  | Énergie | 2.1 |
| Nombre total de positions | 42 |  |  |  |  |
-5
-10
May-16	May-17	May-18	May-19	May-20	May-21	May-22
Absolute Return Income Fund I2 HEUR (Net) Bloomberg Euro Treasury Bills 0-3 Index
EAA Fund Global Flexible Bond - EUR Hedged
Minimum initial investment	1,000,000
Daniel Siluk	Manager since 2016
Jason England	Manager since 2018
Overall Morningstar RatingTM	

For the source and information on ratings shown above, refer to page 3.
2016

Translation (ENFR, 2023-01-31):
-5
-10
May-16	May-17	May-18	May-19	May-20	May-21	May-22
Absolute Return Income Fund I2 HEUR (Nette) Bloomberg Euro Treasury Bills 0-3 Index
EAA Fund Global Flexible Bond - EUR Hedged
Daniel Siluk	Gérants depuis 2016
Jason England	Gérants depuis 2018
Notation globale MorningstarTM	

Voir la page 3 pour la source et des informations relatives aux notations indiquées ci-dessus.
2016
## Top countries (%)
- United States, 42.35
- Australia, 28.04
- New Zealand, 6.64
- Canada, 3.59
- Germany, 2.87
- Ireland, 1.91
- United Kingdom, 1.73

Translation (ENFR, 2023-01-31):
# Principaux pays (%)
- États-Unis, 42,35
- Australie, 28,04
- Nouvelle-Zélande, 6,64
- Canada, 3,59
- Allemagne, 2,87
- Irlande, 1,91
- Royaume-Uni, 1,73
## Codes
- Korea, Republic Of, 1.66
- Singapore, 1.52
- Spain, 1.12
- Rest of portfolio, 8.57A-	16.96BBB+	19.58BBB	17.98BBB-	12.82DERIVATIVES	0.23

Translation (ENFR, 2023-01-31):
# Codes
- Corée, République de, 1,66
- Singapour, 1,52
- Espagne, 1,12
- Reste du portefeuille, 8,57A-	16,96BBB+	19,58BBB	17,98BBB-	12,82DERIVATIVES	0,23
# Returns
1
Month
3
Month  YTD
1
Year
3
Year
5
Year
10
Year
Since inception
(07/01/19)
 Morningstar sector	USD Moderate Allocation
I1m HEUR (Net)	4.28	5.10	4.28	-11.47	2.60	—	—6.10

Translation (ENFR, 2023-01-31):
# Rendements
1
Mois
3
Mois
Dep. début année
1
Année
3
Année
5
Année
10
Année
Depuis le lancement (07/01/19)
 Secteur Morningstar	USD Moderate Allocation
I1m HEUR (Nette)	4,28	5,10	4,28	-11,47	2,60	—	—	6,10
# Past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested.
See next page for breakdowns and risks.
| Top 10 holdings | (%) | Top 10 countries | (%) | Top 10 sectors | (%) |
| --- | --- | --- | --- | --- | --- |
| Prologis | 6.7 | United States | 59.8 | Industrial REITs | 20.0 |
| Alexandria Real Estate Equities | 4.6 | Japan | 9.1 | Real Estate Holding & Development | 19.8 |
| Sun Communities | 4.3 | Hong Kong | 6.1 | Residential REITs | 16.9 |
| VICI Properties | 3.8 | Germany | 5.6 | Office REITs | 8.0 |
| UDR | 3.3 | United Kingdom | 4.9 | Diversified REITs | 6.4 |
| Duke Realty | 3.3 | Singapore | 3.1 | Retail REITs | 5.6 |
| Equity LifeStyle Properties | 3.1 | Australia | 2.5 | Hotel & Lodging REITs | 4.3 |
| Essex Property Trust | 2.9 | Spain | 1.9 | Infrastructure REITs | 4.2 |
| Americold Realty Trust | 2.9 | Sweden | 1.6 | Health Care REITs | 4.2 |
| Mitsui Fudosan | 2.8 | Belgium | 1.5 | Cash | 2.0 |
| Total number of positions | 61 | Cash | 2.0 |  |  |

Translation (ENFR, 2021-07-31):
# Les performances passées ne préjugent pas des performances futures. La valeur d’un investissement et ses revenus peuvent augmenter ou diminuer et vous pourriez ne pas récupérer le montant investi à l’origine.
Veuillez vous reporter à la page suivante pour nos répartitions et risques.
| Top 10 des sociétés de portefeuille | (%) | Top 10 des pays | (%) | Top 10 des secteurs | (%) |
| --- | --- | --- | --- | --- | --- |
| Prologis | 6.7 | États-Unis | 59.8 | SIIC Industrielles | 20.0 |
| Alexandria Real Estate Equities | 4.6 | Japon | 9.1 | Promotion et détention de biens immobiliers | 19.8 |
| Sun Communities | 4.3 | Hong-Kong | 6.1 | SIIC Résidentielles | 16.9 |
| VICI Properties | 3.8 | Allemagne | 5.6 | SII Bureautiques | 8.0 |
| UDR | 3.3 | Royaume-Uni | 4.9 | SIIC à Exploitation Diversifiée | 6.4 |
| Duke Realty | 3.3 | Singapour | 3.1 | SIIC au Détail | 5.6 |
| Equity LifeStyle Properties | 3.1 | Australie | 2.5 | REIT d'hôtels et gîtes | 4.3 |
| Essex Property Trust | 2.9 | Espagne | 1.9 | REIT d'infrastructures | 4.2 |
| Americold Realty Trust | 2.9 | Suède | 1.6 | SIIC Soins de Santé | 4.2 |
| Mitsui Fudosan | 2.8 | Belgique | 1.5 | Liquidités | 2.0 |
| Nombre total de positions | 61 | Liquidités | 2.0 |  |  |
|  | FTSE EPRA Nareit Developed NR (18.9%) Property - Indirect Global - OE (20.5%) |
| --- | --- |
|  |
| Performance % | A2 (Net) | Index | Sector A2 (Gross) | Target (Gross) |
| 1 month | 4.7 | 3.8 | 3.7 | - | - |
| YTD | 25.8 | 23.7 | 22.4 | - | - |
| 1 year | 30.6 | 34.5 | 29.8 | - | - |
| 3 years (annualised) | 12.9 | 7.0 | 7.2 | - | - |
| 5 years (annualised) | 7.6 | 3.5 | 3.8 | 9.8 | 5.6 |
| 10 years (annualised) | 10.1 | 8.8 | 7.7 | 12.3 | 11.0 |
| Since inception 03 Jan 2006 (annualised) | 6.5 | 5.6 | 4.8 | 8.5 | 7.7 |

Translation (ENFR, 2021-07-31):
|  | FTSE EPRA Nareit Developed NR (18.9%) Property - Indirect Global - OE (20.5%) |
| --- | --- |
|  |
| Performance % | A2 (Nette) | Indice | Secteur | A2 (Brut) | Objectif (Brut) |
| 1 mois | 4.7 | 3.8 | 3.7 | - | - |
| Depuis le début de l’année | 25.8 | 23.7 | 22.4 | - | - |
| 1 an | 30.6 | 34.5 | 29.8 | - | - |
| 3 ans (annualisée) | 12.9 | 7.0 | 7.2 | - | - |
| 5 ans (annualisée) | 7.6 | 3.5 | 3.8 | 9.8 | 5.6 |
| 10 ans (annualisée) | 10.1 | 8.8 | 7.7 | 12.3 | 11.0 |
| Depuis création 03 janv. 2006 (annualisée) | 6.5 | 5.6 | 4.8 | 8.5 | 7.7 |
| Discrete year performance % | A2 (Net) | Index | Sector | A2 (Gross) | Target (Gross) |
| --- | --- | --- | --- | --- | --- |
| 30 Jun 2020 to 30 Jun 2021 | 26.1 | 26.5 | 23.9 | 28.8 | 29.0 |
| 30 Jun 2019 to 30 Jun 2020 | -3.8 | -15.1 | -11.5 | -1.7 | -13.4 |
| 30 Jun 2018 to 30 Jun 2019 | 13.2 | 10.4 | 8.7 | 15.3 | 12.6 |
| 30 Jun 2017 to 30 Jun 2018 | 7.0 | 3.2 | 2.6 | 9.0 | 5.3 |
| 30 Jun 2016 to 30 Jun 2017 | -0.7 | -2.4 | -1.2 | 1.2 | -0.4 |

Translation (ENFR, 2021-07-31):
| Performances annuelles en % | A2 (Nette) | Indice | Secteur | A2 (Brut) | Objectif (Brut) |
| --- | --- | --- | --- | --- | --- |
| 30 juin 2020 au 30 juin 2021 | 26.1 | 26.5 | 23.9 | 28.8 | 29.0 |
| 30 juin 2019 au 30 juin 2020 | -3.8 | -15.1 | -11.5 | -1.7 | -13.4 |
| 30 juin 2018 au 30 juin 2019 | 13.2 | 10.4 | 8.7 | 15.3 | 12.6 |
| 30 juin 2017 au 30 juin 2018 | 7.0 | 3.2 | 2.6 | 9.0 | 5.3 |
| 30 juin 2016 au 30 juin 2017 | -0.7 | -2.4 | -1.2 | 1.2 | -0.4 |
| Top 10 holdings | (%) | Asset allocation | (%) | Credit rating breakdown | (%) |
| --- | --- | --- | --- | --- | --- |
| Fannie Mae or Freddie Mac 2.50 10/14/2021 | 3.2 | US Preferred Stock | 0.1 | Equity | 0.1 |
| United States Treasury Note/Bond 0.50 02/28/2026 | 2.8 | Treasuries | 31.0 | Aaa | 55.3 |
| United States Treasury Note/Bond 0.63 07/31/2026 | 2.8 | Credit-Investment Grade | 19.5 | Aa | 0.5 |
| United States Treasury Note/Bond 0.88 06/30/2026 | 2.7 | MBS | 17.2 | A | 3.0 |
| Ginnie Mae 2.00 10/21/2021 | 2.4 | Credit-High Yield | 15.5 | Baa | 20.1 |
| United States Treasury Note/Bond 1.25 08/15/2031 | 2.3 | CMBS | 4.7 | Ba | 13.9 |
| United States Treasury Note/Bond 0.75 08/31/2026 | 2.3 | ABS | 3.9 | B | 4.5 |
| Fannie Mae or Freddie Mac 2.00 10/14/2021 | 2.3 | CMO | 2.8 | Not Rated | 2.3 |
| United States Treasury Note/Bond 0.13 08/31/2023 | 2.2 | Inflation Linked | 2.6 | Cash & Equivalents | 0.3 |
| United States Treasury Note/Bond 0.13 02/28/2023 | 2.2 | Bank Loans | 2.2 |  |  |
| Total number of positions | 389 | Futures | 0.2 |  |  |
|  |  | Short Futures | -0.1 |  |  |
|  |  | Cash & Equivalents | 0.3 |  |  |

Translation (ENFR, 2021-09-30):
| Top 10 des sociétés de portefeuille | (%) | Allocation des actifs | (%) | Ventilation des notations de crédit | (%) |
| --- | --- | --- | --- | --- | --- |
| Fannie Mae or Freddie Mac 2.50 10/14/2021 | 3.2 | Actions américaines privilégiées | 0.1 | Actions | 0.1 |
| United States Treasury Note/Bond 0.50 02/28/2026 | 2.8 | Trésoreries | 31.0 | Aaa | 55.3 |
| United States Treasury Note/Bond 0.63 07/31/2026 | 2.8 | Crédit-Investment Grade | 19.5 | Aa | 0.5 |
| United States Treasury Note/Bond 0.88 06/30/2026 | 2.7 | MBS | 17.2 | A | 3.0 |
| Ginnie Mae 2.00 10/21/2021 | 2.4 | Crédit-High Yield | 15.5 | Baa | 20.1 |
| United States Treasury Note/Bond 1.25 08/15/2031 | 2.3 | CMBS | 4.7 | Ba | 13.9 |
| United States Treasury Note/Bond 0.75 08/31/2026 | 2.3 | ABS | 3.9 | B | 4.5 |
| Fannie Mae or Freddie Mac 2.00 10/14/2021 | 2.3 | CMO | 2.8 | Pas de notation | 2.3 |
| United States Treasury Note/Bond 0.13 08/31/2023 | 2.2 | Lié à l'infaltion | 2.6 | Trésorerie & Equivalents | 0.3 |
| United States Treasury Note/Bond 0.13 02/28/2023 | 2.2 | Prêts bancaires | 2.2 |  |  |
| Nombre total de positions | 389 | Contrats à terme | 0.2 |  |  |
|  |  | Position vendeur de contrat à terme | -0.1 |  |  |
|  |  | Trésorerie & Equivalents | 0.3 |  |  |
# Past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested.
See next page for breakdowns and risks.
| Top 10 holdings | (%) | Top 10 countries | (%) | Sector breakdown | (%) |
| --- | --- | --- | --- | --- | --- |
| Rio Tinto | 5.0 | Taiwan | 20.9 | Financials | 29.6 |
| BHP Group | 4.3 | Australia | 19.3 | Information Technology | 18.4 |
| CTBC Financial | 3.7 | China | 16.9 | Materials | 13.4 |
| Taiwan Semiconductor Manufacturing | 3.5 | South Korea | 13.6 | Communication Services | 13.3 |
| Asustek Computer | 3.4 | Hong Kong | 11.3 | Real Estate | 10.2 |
| Macquarie Korea Infrastructure Fund | 3.2 | Singapore | 3.7 | Energy | 5.8 |
| Samsung Electronics | 3.0 | United States | 2.9 | Consumer Discretionary | 4.4 |
| Vinacapital Vietnam Opportunity Fund Ltd USD | 2.9 | India | 2.6 | Cash | 2.8 |
| SK Telecom | 2.9 | Indonesia | 2.3 | Industrials | 2.1 |
| Yuanta Financial | 2.8 | Thailand | 1.9 |  |  |
| Total number of positions | 46 | Cash | 2.8 |  |  |

Translation (ENFR, 2021-07-31):
# Les performances passées ne préjugent pas des performances futures. La valeur d’un investissement et ses revenus peuvent augmenter ou diminuer et vous pourriez ne pas récupérer le montant investi à l’origine.
Veuillez vous reporter à la page suivante pour nos répartitions et risques.
| Top 10 des sociétés de portefeuille | (%) | Top 10 des pays | (%) | Ventilation sectorielle | (%) |
| --- | --- | --- | --- | --- | --- |
| Rio Tinto | 5.0 | Taïwan | 20.9 | Sociétés Financières | 29.6 |
| BHP Group | 4.3 | Australie | 19.3 | Technologies de l'Information | 18.4 |
| CTBC Financial | 3.7 | Chine | 16.9 | Matériaux | 13.4 |
| Taiwan Semiconductor Manufacturing | 3.5 | Corée du Sud | 13.6 | Services de communication | 13.3 |
| Asustek Computer | 3.4 | Hong-Kong | 11.3 | Immobilier | 10.2 |
| Macquarie Korea Infrastructure Fund | 3.2 | Singapour | 3.7 | Énergie | 5.8 |
| Samsung Electronics | 3.0 | États-Unis | 2.9 | Consommation Discrétionnaire | 4.4 |
| Vinacapital Vietnam Opportunity Fund Ltd USD | 2.9 | Inde | 2.6 | Liquidités | 2.8 |
| SK Telecom | 2.9 | Indonésie | 2.3 | Industrie | 2.1 |
| Yuanta Financial | 2.8 | Thaïlande | 1.9 |  |  |
| Nombre total de positions | 46 | Liquidités | 2.8 |  |  |
# Investment strategy
The investment manager targets long-term capital appreciation through exposure primarily to European equities. The manager selects stocks using a fundamental approach, blended with sector themes. The process results in a high-conviction portfolio with a bias towards long positions (where the manager believes the prospects for the companies are positive), complemented by 'short positions' (where prospects are less positive) and other market hedging securities.

Translation (ENFR, 2023-01-31):
# Stratégie d'investissement
Le gestionnaire d’investissement cible l’appréciation du capital à long terme par le biais d’une exposition aux actions européennes principalement. Le gestionnaire sélectionne les actions au moyen d’une approche fondamentale, associée à des thématiques sectorielles. Il résulte de ce processus un portefeuille à haute conviction focalisé sur les positions longues (lorsque le gestionnaire estime que les perspectives des sociétés sont positives), complété par des «positions courtes» (lorsque les perspectives sont moins positives) et d’autres titres de couverture du marché.
# Returns
1
Month
3
Month  YTD
1
Year
3
Year
5
Year
10
Year
Index	MSCI EMU Net Return EUR Index
Morningstar sector	Eurozone Large-Cap Equity
H1 EUR (Net)	7.44	9.92	7.44	-5.46	5.32	3.19	8.25
| Index | 9.62 | 14.50 | 9.62 | -0.59 |  5.69	4.26	7.43  |
| --- | --- | --- | --- | --- | --- |
| Sector | 8.60 | 12.63 | 8.60 | -2.14 | 4.72	3.16	6.57 |

Translation (ENFR, 2023-01-31):
# Rendements
1
Mois
3
Mois
Dep. début année
1
Année
3
Année
5
Année
10
Année
Secteur Morningstar	Eurozone Large-Cap Equity
SFDR Catégorie	Article 8
Indice	9,62	14,50	9,62	-0,59
H1 EUR (Nette)	7,44	9,92	7,44	-5,46	5,32	3,19	8,25
 5,69	4,26	7,43 
Catégorie	8,60	12,63	8,60	-2,14	4,72	3,16	6,57
# Regions (%)
0.70
0.51
0.39
0.39
0.37
0.32
1.02
2.07
0.34
1.33
1.30
0.42
|  | Fund | Index |
| --- | --- | --- |
| North America | 84.86 | 91.00 |
| Europe | 3.05 | 4.08 |
| Asia/Pacific Ex Japan | 0.51 | 0.82 |
| Africa/Mideast | 0.16 | — |

Translation (ENFR, 2023-01-31):
# Régions (%)
0.70
0.51
0.39
0.39
0.37
0.32
1.02
2.07
0.34
1.33
1.30
0.42
|  | Fonds | Indice |
| --- | --- | --- |
| Amérique du Nord | 84.86 | 91.00 |
| Europe | 3.05 | 4.08 |
| Asie-Pacifique hors Japon | 0.51 | 0.82 |
| Afrique/Moyen-Orient | 0.16 | — |
# Investment strategy
The investment manager draws on Janus Henderson's integrated fixed income and equity research function, to identify the best risk-adjusted opportunities for the Fund. The strategy has the flexibility to deviate significantly from the index on a sector basis while having a strong focus towards the US. The investment process is dynamic with allocations to different types of bonds determined by the opportunities which exist and is supported by a proprietary research and risk management system.

Translation (ENFR, 2023-01-31):
# Stratégie d'investissement
Le gestionnaire d’investissement utilise la fonction de recherche intégrée de titres à revenu fixe et d’actions de Janus Henderson pour identifier les meilleures opportunités ajustées au risque pour le Fonds. La stratégie est suffisamment souple pour s’écarter de façon significative de l’indice sur une base sectorielle tout en ayant une focalisation particulière sur les États-Unis. Il en résulte un processus d’investissement dynamique permettant des allocations aux différents types d’obligations en fonction des opportunités qui se présentent et soutenu par un système de recherche et de gestion du risque exclusif.
|  | MSCI All Countries Asia Pacific (ex Japan) NR (70.4%) Asia-Pacific ex-Japan Equity - OE (64.6%) |
| --- | --- |
|  |
| Performance % | A2 (Net) | Index | Sector A2 (Gross) | Target (Gross) |
| 1 month | -8.7 | -6.6 | -5.1 | - | - |
| YTD | -8.0 | -0.2 | 1.7 | - | - |
| 1 year | 14.8 | 20.6 | 24.5 | - | - |
| 3 years (annualised) | 6.3 | 9.0 | 9.7 | - | - |
| 5 years (annualised) | 9.5 | 11.2 | 10.5 | 11.8 | 13.5 |
| 10 years (annualised) | 5.3 | 6.0 | 5.6 | 7.5 | 8.1 |
| Since inception 31 Jul 1985 (annualised) | 9.9 | 8.4 | 10.0 | 12.0 | 10.5 |

Translation (ENFR, 2021-07-31):
|  | MSCI All Countries Asia Pacific (ex Japan) NR (70.4%) Asia-Pacific ex-Japan Equity - OE (64.6%) |
| --- | --- |
|  |
| Performance % | A2 (Nette) | Indice | Secteur | A2 (Brut) | Objectif (Brut) |
| 1 mois | -8.7 | -6.6 | -5.1 | - | - |
| Depuis le début de l’année | -8.0 | -0.2 | 1.7 | - | - |
| 1 an | 14.8 | 20.6 | 24.5 | - | - |
| 3 ans (annualisée) | 6.3 | 9.0 | 9.7 | - | - |
| 5 ans (annualisée) | 9.5 | 11.2 | 10.5 | 11.8 | 13.5 |
| 10 ans (annualisée) | 5.3 | 6.0 | 5.6 | 7.5 | 8.1 |
| Depuis création 31 juil. 1985 (annualisée) | 9.9 | 8.4 | 10.0 | 12.0 | 10.5 |