# Risk overview - ex post
## since 01.12.2013, in %

## Annualized risk, in %
|  | 1 months | 3 months | 1 year | 3 years | 5 years | ITD |  |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | 4.27 | 6.47 | -19.47 | -7.39 | -3.57 | 0.76 |  | Portfolio volatility | 19.73 | 12.90 | 10.31 | 8.01 |
| Benchmark | 1.82 | 3.36 | -8.77 | -2.23 | 0.48 | 2.36 |  | Benchmark volatility | 7.78 | 6.12 | 5.02 | 4.03 |
| Relative net | 2.45 | 3.11 | -10.70 | -5.16 | -4.06 | -1.60 |  | Tracking error | 13.26 | 8.02 | 6.31 | 4.83 |

1 

## If the currency of a financial product and/or its costs is different from your reference currency, the return and cost may increase or decrease as a result of currency fluctuations.
| Key risk figures Modified duration | Portfolio 3.75 | Benchmark 3.12 |  | Linear weighted average credit rating | Portfolio BBB | Benchmark BBB+ |
| --- | --- | --- | --- | --- | --- | --- |
| Yield to worst | 8.63% | 6.97% |  |  |  |  |
| Average maturity in years | 9.59 | 3.58 |  |  |  |  |
|  |  |  |  |  |  |  |
| Performance overview - yearly since 01.12.2013, in % |  |  |  |  |  |  |
|  | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Portfolio net | 0.12 | 8.85 | 4.60 | 6.29 | 6.03 | -4.42 | 9.83 | 1.78 | -3.10 | -19.47 |
| Benchmark | -0.22 | 6.36 | 3.32 | 5.14 | 4.62 | -0.06 | 9.67 | 6.24 | -3.57 | -8.77 |
| Relative net | 0.34 | 2.49 | 1.27 | 1.15 | 1.41 | -4.36 | 0.16 | -4.45 | 0.47 | -10.70 |

Translation (ENFR, 2022-12-31):
# Aperçu des risques - ex post
depuis 01.12.2013, en %
Risque annualisé, en %
|  | 1 mois | 3 mois | 1 an | 3 années | 5 années | ITD |  |  | 1 an | 3 années | 5 années | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portefeuille net | 4.27 | 6.47 | -19.47 | -7.39 | -3.57 | 0.76 |  | Volatilité portefeuille | 19.73 | 12.90 | 10.31 | 8.01 |
| Indice de référence | 1.82 | 3.36 | -8.77 | -2.23 | 0.48 | 2.36 |  | Volatilité indice Erreur de suivi | 7.78 13.26 | 6.12 8.02 | 5.02 6.31 | 4.03 4.83 |
| Relatif net | 2.45 | 3.11 | -10.70 | -5.16 | -4.06 | -1.60 |  |  |  |  |  |  |

1 
Si la devise d’un produit financier et/ou ses coûts sont différents de votre devise de référence, son rendement et ses coûts peuvent augmenter ou décroitre en fonction de la fluctuation des devises.
| Chiffres clés des risques | Portefeuille | Indice de                                 référence |  |  | Portefeuille | Indice de                                 référence |
| --- | --- | --- | --- | --- | --- | --- |
| Duration modifiée | 3.75 | 3.12 |  | Notation de crédit moyenne pondérée linéaire | BBB | BBB+ |
| Yield to worst | 8.63% | 6.97% |  |  |  |  |
| WAL to worst en années | 9.59 | 3.58 |  |  |  |  |
|  |  |  |  |  |  |  |
| Aperçu de la performance - annuelle depuis 01.12.2013, en % |  |  |  |  |  |  |
|  | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Portefeuille net | 0.12 | 8.85 | 4.60 | 6.29 | 6.03 | -4.42 | 9.83 | 1.78 | -3.10 | -19.47 |
| Indice de référence | -0.22 | 6.36 | 3.32 | 5.14 | 4.62 | -0.06 | 9.67 | 6.24 | -3.57 | -8.77 |
| Relatif net | 0.34 | 2.49 | 1.27 | 1.15 | 1.41 | -4.36 | 0.16 | -4.45 | 0.47 | -10.70 |