# Returns (Source: Fund Admin) - Past performance does not predict future returns
## Performance evolution (rebased to 100) from 31/12/2012 to 30/12/2022* (Source: Fund Admin)
160
140
120

## Risk analysis (rolling) (Source: Fund Admin)
|  | 1 year | 3 years | 5 years |
| --- | --- | --- | --- |
| Portfolio volatility | 7.00% | 6.63% | 6.06% |
| Benchmark volatility | 8.59% | 6.82% | 6.22% |


### Volatility is a statistical indicator that measures an asset’s variations around its average value. For example, market variations of +/- 1.5% per day correspond to a volatility of 25% per year.

## Sub-Fund Statistics (Source: Amundi)
|  | Portfolio | Benchmark |
| --- | --- | --- |
| 100 | Yield | 5.57% | 3.26% |
|  | Modified duration ¹ Average rating ³ | 5.72 A+ | 6.99 AA |

12/12
06/13
12/13
06/14
12/14
06/15
12/15
06/16
12/16
06/17
12/17
06/18
12/18
06/19
12/19
80

### Portfolio (121.07)	Benchmark (112.10)

### ¹ Modified duration (in points) estimates a bond portfolio’s percentage price change for 1% change in yield
12/22

### ³ Based on Cash Bonds,CDS and TRS but excludes other types of derivatives. Median Rating calculated of the three agencies: Fitch, Moody's and Standard & Poor's.
06/20
12/20
06/21
12/21
06/22
| Top 10 issuers (Source: Amundi) |  |
| --- | --- |
| UNITED STATES OF AMERICA | 23.39% |
| GERMANY | 12.86% |
| UNITED KINGDOM | 7.00% |
| ITALIAN REPUBLIC | 5.82% |
| BELGIUM | 5.77% |
| SPAIN (KINGDOM OF ) | 4.28% |
| INTESA SANPAOLO SPA | 3.09% |
| BRAZIL | 3.02% |
| NEW ZEALAND | 2.30% |
| COOPERATIEVE RABOBANK UA | 1.99% |


### A : During this period, the investment policy was different and the performance was achieved under circumstances this no longer apply.

### B : Performance of the Sub-Fund based on its current investment policy.
Cumulative Returns * (Source: Fund Admin)
|  | YTD | 1 month | 3 months | 1 year | 3 years | 5 years | Since |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Since | 31/12/2021 | 30/11/2022 | 30/09/2022 | 31/12/2021 | 31/12/2019 | 29/12/2017 | 24/06/2011 |
| Portfolio | -10.59% | -3.19% | -4.45% | -10.59% | -13.24% | -2.20% | 35.81% |
| Benchmark | -11.89% | -3.55% | -4.78% | -11.89% | -10.80% | 0.49% | 25.84% |
| Spread | 1.29% | 0.36% | 0.33% | 1.29% | -2.44% | -2.70% | 9.97% |

Calendar year performance * (Source: Fund Admin)
|  | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio | -10.59% | -1.02% | -1.96% | 13.68% | -0.84% | -2.14% | 4.62% | 5.15% | 16.46% | -1.25% |
| Benchmark | -11.89% | 0.60% | 0.62% | 7.97% | 4.35% | -6.16% | 4.60% | 8.49% | 14.63% | -8.62% |
| Spread | 1.29% | -1.62% | -2.58% | 5.71% | -5.19% | 4.02% | 0.01% | -3.34% | 1.82% | 7.37% |

Translation (ENFR, 2022-12-31):
# Performances (Source : Fund Admin) - Les performances passées ne préjugent pas des performances futures
## Evolution de la performance (base 100) * (Source : Fund Admin)
160
140
120

## Indicateur(s) glissant(s) (Source : Fund Admin)

### 1 an	3 ans	5 ans

### Volatilité du portefeuille	7,00%  6,63%  6,06%

### Volatilité de l'indice	8,59% 6,82% 6,22% La volatilité est un indicateur statistique qui mesure l’amplitude des variations d’un actif autour de sa moyenne.

### Exemple : des variations de +/- 1,5% par jour sur les

### marchés correspondent à une volatilité de 25% par an.

## Indicateurs (Source : Amundi)
|  | Portefeuille | Indice |
| --- | --- | --- |
| 100 | Taux de rendement | 5,57% | 3,26% |
|  | Sensibilité ¹ Note moyenne ³ | 5,72 A+ | 6,99 AA |

12/12
06/13
12/13
06/14
12/14
06/15
12/15
06/16
12/16
06/17
12/17
06/18
12/18
06/19
12/19
80

### Portefeuille (121,07)	Indice (112,10)

### ¹ La sensibilité (en points) représente le changement en pourcentage du prix pour une évolution de 1% du taux de référence
12/22

### ³ Basée sur les obligations, les TRS et les CDS mais tout autre dérivé exclu. Rating médian calculé des trois agences de notation de crédit: Fitch, Moody's et Standard & Poor's.
06/20
12/20
06/21
12/21
06/22
| Principaux Emetteurs (Source : Amundi) |  |
| --- | --- |
| UNITED STATES OF AMERICA | 23,39% |
| GERMANY | 12,86% |
| UNITED KINGDOM | 7,00% |
| ITALIAN REPUBLIC | 5,82% |
| BELGIUM | 5,77% |
| SPAIN (KINGDOM OF ) | 4,28% |
| INTESA SANPAOLO SPA | 3,09% |
| BRAZIL | 3,02% |
| NEW ZEALAND | 2,30% |
| COOPERATIEVE RABOBANK UA | 1,99% |


### A : Au cours de cette période, la politique d’investissement était différente et la performance a été réalisée dans des circonstances qui ne sont plus d’actualité.

### B : Performance du Compartiment en fonction de sa politique d'investissement actuelle.
Performances glissantes * (Source : Fund Admin)
|  | Depuis le | 1 mois | 3 mois | 1 an | 3 ans | 5 ans | Depuis le |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Depuis le | 31/12/2021 | 30/11/2022 | 30/09/2022 | 31/12/2021 | 31/12/2019 | 29/12/2017 | 24/06/2011 |
| Portefeuille | -10,59% | -3,19% | -4,45% | -10,59% | -13,24% | -2,20% | 35,81% |
| Indice | -11,89% | -3,55% | -4,78% | -11,89% | -10,80% | 0,49% | 25,84% |
| Ecart | 1,29% | 0,36% | 0,33% | 1,29% | -2,44% | -2,70% | 9,97% |

Performances calendaires * (Source : Fund Admin)
|  | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portefeuille | -10,59% | -1,02% | -1,96% | 13,68% | -0,84% | -2,14% | 4,62% | 5,15% | 16,46% | -1,25% |
| Indice | -11,89% | 0,60% | 0,62% | 7,97% | 4,35% | -6,16% | 4,60% | 8,49% | 14,63% | -8,62% |
| Ecart | 1,29% | -1,62% | -2,58% | 5,71% | -5,19% | 4,02% | 0,01% | -3,34% | 1,82% | 7,37% |