# Annual Calendar Performance (%)
|  | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio* | 4.61 | 3.77 | 4.31 | 0.10 | 0.86 | - | - | - | - | - |
| Benchmark | 5.44 | 3.75 | 4.55 | 1.15 | 1.52 | - | - | - | - | - |
| Excess Return | -0.83 | 0.02 | -0.24 | -1.05 | -0.66 | - | - | - | - | - |
| Past performance is not a reliable indicator of future results. Performance calculations are net of fees, based on the reinvestment of dividends. The benchmark, when there is one could be calculated on the basis of net or gross dividend. Please refer to the prospectus for more information. |
| Portfolio Analysis |  |  |  |  |
| Top 10 Holdings |  |  |  |  |
| Name | Weighting (%) | Issuer country | Mod. Duration | Contribution |
| US Treasury Inflation Idx Bonds 0.125% 10/15/2026 | 15.08 | United States | 4.6 | 0.70 |
| US Treasury Inflation Idx Bonds 0.25% 01/15/2025 | 7.71 | United States | 2.9 | 0.22 |
| US Treasury Inflation Idx Bonds 0.125% 07/15/2024 | 4.74 | United States | 2.4 | 0.11 |
| German Inflation Linked Bond 0.1% 04/15/2023 | 4.59 | Germany | 1.2 | 0.05 |
| US Treasury Inflation Idx Bonds 0.125% 10/15/2024 | 4.59 | United States | 2.6 | 0.12 |
| France Government Bond OAT 0.25% 07/25/2024 | 4.40 | France | 2.5 | 0.11 |
| US Treasury Inflation Idx Bonds 0.625% 01/15/2024 | 4.32 | United States | 1.9 | 0.08 |
| US Treasury Inflation Idx Bonds 0.375% 07/15/2023 | 4.20 | United States | 1.4 | 0.06 |
| US Treasury Inflation Idx Bonds 0.375% 07/15/2025 | 4.15 | United States | 3.4 | 0.14 |
| US Treasury Inflation Idx Bonds 0.625% 04/15/2023 | 4.11 | United States | 1.1 | 0.05 |
| Total (%) | 57.89 |  |  |  |

Sector Breakdown (%)	Contribution to duration by sector
Portfolio	Benchmark
Treasury	101.34	100.00	4
Cash	-1.34	0.00	3
2
1
0
Treasury	Sovereign
| Port. | 2.7 | 0.3 |
| --- | --- | --- |
| Bench. | 3.0 | - |

Translation (ENFR, 2022-02-28):
# Performance calendaire annuelle (%)
|  | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portefeuille* | 4.61 | 3.77 | 4.31 | 0.10 | 0.86 | - | - | - | - | - |
| Indice de réference | 5.44 | 3.75 | 4.55 | 1.15 | 1.52 | - | - | - | - | - |
| Ecarts | -0.83 | 0.02 | -0.24 | -1.05 | -0.66 | - | - | - | - | - |
| Les performances passées ne préjugent pas des résultats futurs. Les calculs de performances sont nets de frais et réalisés coupons réinvestis. L’indice de référence, le cas échéant, pourrait être calculé sur la base des coupons nets ou bruts. Veuillez consulter le prospectus pour obtenir plus d’informations. |
| Analyse du portefeuille |  |  |  |  |
| 10 principaux titres |  |  |  |  |
| Libellé | Pondération (%) | Pays émetteur | Mod. Duration | Contribution |
| US Treasury Inflation Idx Bonds 0.125% 10/15/2026 | 15.08 | Etats-Unis | 4.6 | 0.70 |
| US Treasury Inflation Idx Bonds 0.25% 01/15/2025 | 7.71 | Etats-Unis | 2.9 | 0.22 |
| US Treasury Inflation Idx Bonds 0.125% 07/15/2024 | 4.74 | Etats-Unis | 2.4 | 0.11 |
| German Inflation Linked Bond 0.1% 04/15/2023 | 4.59 | Allemagne | 1.2 | 0.05 |
| US Treasury Inflation Idx Bonds 0.125% 10/15/2024 | 4.59 | Etats-Unis | 2.6 | 0.12 |
| France Government Bond OAT 0.25% 07/25/2024 | 4.40 | France | 2.5 | 0.11 |
| US Treasury Inflation Idx Bonds 0.625% 01/15/2024 | 4.32 | Etats-Unis | 1.9 | 0.08 |
| US Treasury Inflation Idx Bonds 0.375% 07/15/2023 | 4.20 | Etats-Unis | 1.4 | 0.06 |
| US Treasury Inflation Idx Bonds 0.375% 07/15/2025 | 4.15 | Etats-Unis | 3.4 | 0.14 |
| US Treasury Inflation Idx Bonds 0.625% 04/15/2023 | 4.11 | Etats-Unis | 1.1 | 0.05 |
| Total (%) | 57.89 |  |  |  |

Exposition sectorielle (%)	Contribution à la duration par secteur
|  | Portefeuille | Benchmark |
| --- | --- | --- |
| Trésor | 101.34 | 100.00 |
| Cash | -1.34 | 0.00 |

4
3
2
1
0	Trésor	Souverain
| Port. | 2.7 | 0.3 |
| --- | --- | --- |
| Indice de réf. | 3.0 | - |