# Portfolio analysis
## Fund indicators

## Fund indicators

## Sector breakdown
10.20%
9.85%
6.43%
13.36%
15.00%
9.18%
8.80%
8.86%
4.82%
8.82%
8.78%
8.80%
7.75%
7.99%
4.08%
6.91%
12.50%
5.36%
6.53%
5.06%
4.88%
4.27%
4.63%
6.57%
3.56%
4.91%
1.12%
4.93%
10.00%
4.21%
4.16%
2.17%
2.04%
0.00%
2.97%
2.65%
0.23%
7.50%
1.74%
1.13%
0.98%
0.00%
0.00%
1.26%
5.00%
2.50%
Services
Capital Goods
Healthcare
Technology &
Electronics
Energy
Media
Basic Industry
Consumer Goods
Real Estate
Leisure
Financial Services
Telecommunications
Retail
Transportation
Insurance
Automotive
Not Classified
Utility
Banking
Cash
0.00%
Portfolio	Benchmark*
36.73%
30.03%
31.09%
26.80%
19.02%
25.18%
35.29%
19.87%
27.69%
27.67%
21.23%
26.53%

## Modified duration to worst breakdown	Maturity breakdown
40%
36%
32%
28%
24%
20%
16%
12%
8%
4%
0%
Cash	0-1	1-3	3-5	5-7	7-10	10-20
40%
35%
30%
25%
20%
15%
10%
5%
0%
2.65%
0.23%
0.00%
0.11%
2.65%
0.23%
8.75%
14.94%
3.58%
6.74%
0.80%
4.02%
Cash	0-1
year
6.91%
10.45%
1-3
years
3-5
years
5-7
years
7-10
years
3.09%
4.47%
10-20
years
0.50%
2.73%
+20
years
Portfolio	Benchmark*	Portfolio	Benchmark*
| Portfolio analysis |  |
| --- | --- |
| Top 10 holdings |  |  |  |  |  |  |
| Issuer | Coupon rate | Maturity | Sector | Modified duration to worst | Rating | Weight |
| SOLERA LLC / SOLERA FINA | 10.500 | 01/03/24 | Technology & Electronics | 0.01 | CCC | 1.13% |
| MAUSER PACKAGING SOLUT | 7.250 | 15/04/25 | Capital Goods | 3.42 | CCC | 1.10% |
| CHANGE HEALTH / FIN INC | 5.750 | 01/03/25 | Healthcare | 0.08 | CCC | 1.08% |
| WATCO COS LLC/FINANCE CO | 6.500 | 15/06/27 | Transportation | 3.54 | CCC | 1.03% |
| CAMELOT FINANCE SA | 4.500 | 01/11/26 | Services | 3.20 | B | 1.02% |
| WELBILT INC | 9.500 | 15/02/24 | Capital Goods | 0.16 | CCC | 0.90% |
| VERSCEND ESCROW CORP | 9.750 | 15/08/26 | Healthcare | 0.21 | CCC | 0.89% |
| HUB INTERNATIONAL LTD | 7.000 | 01/05/26 | Insurance | 0.91 | CCC | 0.85% |
| KENAN ADVANTAGE GROUP | 7.875 | 31/07/23 | Transportation | 1.99 | CCC | 0.84% |
| GETTY IMAGES INC | 9.750 | 01/03/27 | Media | 0.73 | CCC | 0.81% |
| Number of Holdings | 295 |  |  |  |  |  |

54.40%

## Rating breakdown
45.20%
60%
55%
50%
33.49%
45%
26.37%
40%
24.85%
35%
30%
11.76%
25%
20%
2.65%
15%
0.16%
0.13%
0.76%
0.00%
0.23%
10%
5%
0%
BBB	BB	B	CCC	NR	Cash
Portfolio	Benchmark*

## Currency breakdown
110%
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
USD	Cash
Portfolio	Benchmark*

## Country Breakdown
88.00%
88.11%
100%
90%
80%
70%
60%
50%
40%
30%
20%
3.01%
3.68%
2.21%
0.67%
1.09%
0.83%
1.09%
1.60%
1.95%
4.88%
2.65%
0.23%
10%
0%
United States	Canada	Netherlands	Luxemburg	United Kingdom	Other	Cash
Portfolio	Benchmark*

Translation (ENFR, 2021-05-28):
# Analyse du portefeuille
## Caractéristique du portefeuille

## Caractéristique du portefeuille

## Exposition sectorielle
13.36%
16%
10.20%
9.85%
14%
9.18%
8.80%
8.86%
8.82%
8.78%
8.80%
7.75%
7.99%
12%
6.43%
6.53%
5.06%
4.63%
6.57%
4.08%
6.91%
10%
5.36%
4.82%
4.88%
4.27%
4.21%
4.16%
3.56%
4.91%
4.93%
8%
2.17%
2.04%
1.74%
1.13%
0.00%
2.97%
2.65%
0.23%
6%
1.12%
0.98%
0.00%
0.00%
1.26%
4%
2%
Services
Biens d’équip.
Sante
Tech. & Elec.
Energie
Médias
Industrie
Biens de
consommation
Immobilier
Loisirs
Services
Financiers
Télécom.
Produits de
détail
Transport
Assurances
Automobile
Non Classé
Serv. aux
collect.
Bancaires
Cash
0%
Portefeuille	Indice de référence*
36.73%
30.03%
31.09%
26.80%
19.02%
25.18%
35.29%
19.87%
27.69%
27.67%
21.23%
26.53%

## Exposition à la Modified Duration to Worst	Exposition par maturité
40%
36%
32%
28%
24%
20%
16%
12%
8%
4%
0%
Cash	0-1	1-3	3-5	5-7	7-10	10-20
40%
35%
30%
25%
20%
15%
10%
5%
0%
2.65%
0.23%
0.00%
0.11%
2.65%
0.23%
8.75%
14.94%
3.58%
6.74%
0.80%
4.02%
Cash	0-1
an
6.91%
10.45%
1-3
ans
3-5
ans
5-7
ans
7-10
ans
3.09%
4.47%
10-20
ans
0.50%
2.73%
+ 20
ans
Portefeuille	Indice de référence*	Portefeuille	Indice de référence*
| Analyse du portefeuille |  |
| --- | --- |
| Les 10 principales lignes |  |  |  |  |  |  |
| Emetteur | Coupon | Maturité | Secteur | Modified duration to worst | Rating | Poids |
| SOLERA LLC / SOLERA FINA | 10.500 | 01/03/24 | Tech. & Elec. | 0.01 | CCC | 1.13% |
| MAUSER PACKAGING SOLUT | 7.250 | 15/04/25 | Biens d’équip. | 3.42 | CCC | 1.10% |
| CHANGE HEALTH / FIN INC | 5.750 | 01/03/25 | Sante | 0.08 | CCC | 1.08% |
| WATCO COS LLC/FINANCE CO | 6.500 | 15/06/27 | Transport | 3.54 | CCC | 1.03% |
| CAMELOT FINANCE SA | 4.500 | 01/11/26 | Services | 3.20 | B | 1.02% |
| WELBILT INC | 9.500 | 15/02/24 | Biens d’équip. | 0.16 | CCC | 0.90% |
| VERSCEND ESCROW CORP | 9.750 | 15/08/26 | Sante | 0.21 | CCC | 0.89% |
| HUB INTERNATIONAL LTD | 7.000 | 01/05/26 | Assurances | 0.91 | CCC | 0.85% |
| KENAN ADVANTAGE GROUP | 7.875 | 31/07/23 | Transport | 1.99 | CCC | 0.84% |
| GETTY IMAGES INC | 9.750 | 01/03/27 | Médias | 0.73 | CCC | 0.81% |
| Nombre de lignes | 295 |  |  |  |  |  |

54.40%

## Exposition par rating
45.20%
60%
55%
50%
33.49%
45%
26.37%
40%
24.85%
35%
30%
11.76%
25%
20%
2.65%
15%
0.16%
0.13%
0.76%
0.00%
0.23%
10%
5%
0%
BBB	BB	B	CCC	NR	Cash
Portefeuille	Indice de référence*

## Exposition par devise
110%
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
USD	Cash
Portefeuille	Indice de référence*

## Exposition par pays
88.00%
88.11%
100%
90%
80%
70%
60%
50%
40%
30%
20%
3.01%
3.68%
2.21%
0.67%
1.09%
0.83%
1.09%
1.60%
1.95%
4.88%
2.65%
0.23%
10%
0%
Etats-Unis	Canada	Pays-Bas	Luxembourg	Royaume-Uni	Autres	Cash
Portefeuille	Indice de référence*