# PORTOFOLIO ANALYSIS (Source: Amundi Group)
#### GLOBAL ANALYSIS (Source: Amundi Group)
UCIT	
| WAM | 4 |
| --- | --- |
| WAL Regulatory | 49 |
| Agency average LT rating | BBB+ |
| Nb of issuers | 32 |
| Number of lines | 40 |
| Liquidity inf. 7 days | 54.68% |
| Liquidités 24h | 35.80% |


#### BREAKDOWN BY INSTRUMENT TYPE (AS % OF TOTAL ASSETS)
MATURITY BREAKDOWN (Source: Amundi Group)
0-1 month
1-3 months
> 3 months
Cash
0 %	10 %	20 %	30 %	40 %	50 %	60 %
Portfolio

#### PORTFOLIO STRUCTURE (Source: Amundi Group)
31.94 %
54.68 %
Liquidities TCN
DAT
Putable Bond
54.68 %
27.77 %

#### EVOLUTION OF WAL AND WAM (IN DAYS) (Source: Amundi Group)
8	60
Liquidity Financials Corporates
6
50
4
WAL
WAM
40
2
30
0
03/21
04/21
05/21
06/21
07/21
08/21
09/21
10/21
11/21
12/21
01/22
02/22
-2	20
WAM (4) WAL (put days) (36)
WAL (Weighted Average Life) : credit duration in days
WAM (Weighted Average Maturity) : modified duration in days

#### BREAKDOWN BY EMISSION RATING (Source: Amundi Group)
AAA AA A
BBB+ BBB BBB-
Liquidites
0 %	10 %	20 %	30 %	40 %	50 %	60 %
Agency Internal

#### MAIN POSITIONS IN PORFOLIO (Source: Amundi Group)
SOCIETE GENERALE LUXEMBOURG	6.36%	12/12/2022	Luxembourg	Bonds	-
BRED BANQUE POPULAIRE	4.68%	01/04/2022	France	Money market	-
LA BANQUE POSTALE	4.02%	07/03/2022			France	Money market	- INTESA SANPAOLO BANK LUX SA	3.35%		-	Luxembourg	Money market	- SKANDINAVISKA ENSKILDA BANK AB	3.35%	10/03/2022		Sweden	Money market	- BANCO BILBAO VIZCAYA ARGENTARI	2.34%	01/04/2022				Spain	Money market	-
BNP PARIBAS SA	2.00%	14/03/2022	France	Money market	-
ENEL FINANCE INTL NV	1.88%	30/03/2022			Italy	Money market	- FIDELITY NATIONAL INFORMATION	1.68%		-	United States	Money market	- REPSOL INTL FINANCE BV	1.68%		-		Spain	Money market	-
For reverse repurchase, displayed maturity is of 1 day. It corresponds to the time necessary to settle the transaction
* Counterparty column: information only available for the reverse repurchase
| COUNTRY / SECTORS / MATURITIES MATRIX |  |
| --- | --- |
|  | 0-1 month | 1-3 months | > 3 months | Total |
| Euro Zone | 18.50% | 14.06% | 6.36% | 38.92% |
| France | 8.93% | 9.70% | - | 18.64% |
| Financials | 3.01% | 5.68% | - | 8.69% |
| Corporate | 5.92% | 4.02% | - | 9.94% |
| Italy | 2.88% | 0.67% | - | 3.55% |
| Corporate | 2.88% | 0.67% | - | 3.55% |
| Luxembourg | 2.68% | 0.67% | 6.36% | 9.70% |
| Financials | 2.68% | 0.67% | 6.36% | 9.70% |
| Spain | 4.01% | 3.02% | - | 7.03% |
| Financials | 4.01% | 1.67% | - | 5.69% |
| Corporate | - | 1.34% | - | 1.34% |
| Rest of the world | 5.02% | 1.37% | - | 6.40% |
| Sweden | 3.35% | 0.84% | - | 4.19% |
| Financials | 3.35% | - | - | 3.35% |
| Corporate | - | 0.84% | - | 0.84% |
| United Kingdom | - | 0.54% | - | 0.54% |
| Corporate | - | 0.54% | - | 0.54% |
| United States | 1.68% | - | - | 1.68% |
| Financials | 1.68% | - | - | 1.68% |
| Cash | 27.53% | 9.59% | 17.56% | 54.68% |

Translation (ENFR, 2022-02-28):
# ANALYSE DU PORTEFEUILLE GLOBAL (Source : Groupe Amundi)
### ANALYSE GLOBALE (Source : Groupe Amundi)

#### 	Portefeuille	
WAM4
WAL Réglementaire49
Note Moy. Agence LT	BBB+
Nb. Emetteurs en PTF32
Nb. Lignes en PTF40
Liquidités	54,68%
Liquidités 24h	35,80%

### REPARTITION PAR TYPES D'INSTRUMENTS (EN % DE L'ACTIF)
RÉPARTITION PAR MATURITÉS (Source : Groupe Amundi)
0-1 mois
1-3 mois
> 3 mois
Liquidités
0 %	10 %	20 %	30 %	40 %	50 %	60 %
Portefeuille

### REPARTITION PAR TYPES D'EMETTEURS (Source : Groupe Amundi)
31,94 %
54,68 %
Liquidités TCN
DAT
Putable Obligations
27,77 %
54,68 %
Liquidités Finance Corporate
EVOLUTION DE LA WAL ET DE LA WAM (EN JOURS) (Source : Groupe
Amundi)
REPARTITION DES EMISSIONS PAR NOTATIONS LONG TERME (Source :
Groupe Amundi)
7,5
5
WAM
2,5
0
60
AAA
50	AA
WAL
A
40
BBB+
30	BBB
-2,5
03/21
04/21
05/21
06/21
07/21
08/21
09/21
10/21
11/21
12/21
01/22
02/22
20
WAM (4) WAL (date de put) (36)
BBB-
Liquidites
0 %	10 %	20 %	30 %	40 %	50 %	60 %
WAL (Weighted Average Life) : Durée de vie moyenne pondérée (DVMP) exprimée en nombre de jours WAM (Weighted Average Maturity) : Maturité moyenne pondérée (MMP) exprimée en nombre de jours
Agence Interne

### PRINCIPALES LIGNES EN PORTEFEUILLE (Source : Groupe Amundi)
|  | Portefeuille | Maturité | Pays | Groupe d'instrument | Contrepartie |
| --- | --- | --- | --- | --- | --- |
| SOCIETE GENERALE LUXEMBOURG | 6,36% | 12/12/2022 | Luxembourg | Obligations | - |
| BRED BANQUE POPULAIRE | 4,68% | 01/04/2022 | France | Monétaire | - |
| LA BANQUE POSTALE | 4,02% | 07/03/2022 | France | Monétaire | - |
| INTESA SANPAOLO BANK LUX SA | 3,35% | - | Luxembourg | Monétaire | - |
| SKANDINAVISKA ENSKILDA BANK AB | 3,35% | 10/03/2022 | Suède | Monétaire | - |
| BANCO BILBAO VIZCAYA ARGENTARI | 2,34% | 01/04/2022 | Espagne | Monétaire | - |
| BNP PARIBAS SA | 2,00% | 14/03/2022 | France | Monétaire | - |
| ENEL FINANCE INTL NV | 1,88% | 30/03/2022 | Italie | Monétaire | - |
| FIDELITY NATIONAL INFORMATION | 1,68% | - | Etats-Unis | Monétaire | - |
| REPSOL INTL FINANCE BV | 1,68% | - | Espagne | Monétaire | - |

Pour les prises en pension, la maturité affichée correspond au temps nécessaire pour déboucler l'opération
* Colonne contrepartie: information uniquement disponible pour les prises en pension
| MATRICE PAYS / SECTEURS / MATURITES |  |
| --- | --- |
|  | 0-1 mois | 1-3 mois | > 3 mois | Total |
| Zone Euro | 18,50% | 14,06% | 6,36% | 38,92% |
| France | 8,93% | 9,70% | - | 18,64% |
| Finance | 3,01% | 5,68% | - | 8,69% |
| Corporate | 5,92% | 4,02% | - | 9,94% |
| Italie | 2,88% | 0,67% | - | 3,55% |
| Corporate | 2,88% | 0,67% | - | 3,55% |
| Luxembourg | 2,68% | 0,67% | 6,36% | 9,70% |
| Finance | 2,68% | 0,67% | 6,36% | 9,70% |
| Espagne | 4,01% | 3,02% | - | 7,03% |
| Finance | 4,01% | 1,67% | - | 5,69% |
| Corporate | - | 1,34% | - | 1,34% |
| Reste du monde | 5,02% | 1,37% | - | 6,40% |
| Suède | 3,35% | 0,84% | - | 4,19% |
| Finance | 3,35% | - | - | 3,35% |
| Corporate | - | 0,84% | - | 0,84% |
| Royaume-Uni | - | 0,54% | - | 0,54% |
| Corporate | - | 0,54% | - | 0,54% |
| Etats-Unis | 1,68% | - | - | 1,68% |
| Finance | 1,68% | - | - | 1,68% |
| Liquidités | 27,53% | 9,59% | 17,56% | 54,68% |