# PORTFOLIO BREAKDOWN
### SECTOR BREAKDOWN *

### GEOGRAPHICAL BREAKDOWN
Consumer discretionary
Financials Information Technology
Industrials Consumer staples
Materials Utilities Health care
Communication Services
Energy Real estate
0 %	5 %	10 %	15 %	20 %
France Germany Netherlands
Spain Italy Finland Belgium
United States
Austria Ireland
Other countries
0 %	5 %	10 %	15 %	20 %	25 %	30 % 35 %
| Portfolio |  | Benchmark |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| * % of assets ANALYSIS RATIOS |  |  |  |  | Portfolio |  | Benchmark |
|  |  |  |  |  |  |  |  |
|  |  |  | Portfolio | Benchmark |  |  |  |
| Average market Cap (Bn €) |  |  | 75.47 | 76.79 |  |  |  |
| % Mid Caps + Small Caps |  |  | 39.09 | 31.08 |  |  |  |
| % Large Caps |  |  | 60.91 | 68.92 |  |  |  |
| Per 12 Month forward |  |  | 14.65 | 16.92 |  |  |  |
| Price to Book |  |  | 1.65 | 1.88 |  |  |  |
| Price to Cash Flow |  |  | 9.47 | 11.52 |  |  |  |
| Dividend Yield (%) |  |  | 2.56 | 2.37 |  |  |  |
| Annualized EPS Growth (n/n+2) (%) |  |  | 15.75 | 14.67 |  |  |  |
| Annualized Revenue Growth (n/n+2) (%) |  |  | 6.19 | 6.55 |  |  |  |
| Issuer number (excluding cash) |  | 135 |  |  |  |  |  |
| Cash as % of total assets |  | 0.10% |  |  |  |  |  |

| MAIN POSITIONS IN PORFOLIO |  |
| --- | --- |
|  |  |  |  |
|  | Sector | Weight | Spread / Index |
| ASML HOLDING NV | Information Technology | 5.09% | -0.06% |
| LVMH MOET HENNESSY | Consumer discretionary | 4.77% | 0.87% |
| SAP SE | Information Technology | 3.36% | 0.75% |
| L OREAL | Consumer staples | 2.91% | 0.90% |
| TOTALENERGIES SE | Energy | 2.46% | 0.46% |
| DAIMLER AG-REGISTERED SHARES | Consumer discretionary | 2.28% | 0.92% |
| KERING | Consumer discretionary | 1.97% | 0.80% |
| BANCO SANTANDER SA | Financials | 1.79% | 0.61% |
| DEUTSCHE TELEKOM NAM (XETRA) | Communication Services | 1.69% | 0.44% |
| STELLANTIS MILAN | Consumer discretionary | 1.65% | 0.94% |
| Excluding mutual funds |  |  |  |

Translation (ENFR, 2021-06-30):
# COMPOSITION DU PORTEFEUILLE
#### REPARTITION SECTORIELLE *

#### REPARTITION GEOGRAPHIQUE
Conso cyclique
Finance Technologies de l'info.
Industrie Conso non cyclique
Matériaux Services publics
Santé Services de communication
Énergie
Immobilier
0 %	5 %	10 %	15 %	20 %
France Allemagne Pays-Bas Espagne Italie Finlande Belgique Etats-Unis Autriche Irlande Autres
0 %	5 %	10 %	15 %	20 %	25 %	30 %  35 %
| Portefeuille |  | Indice |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| * En pourcentage de l'actif RATIOS D'ANALYSE |  |  |  |  | Portefeuille |  | Indice |
|  |  |  |  |  |  |  |  |
|  |  |  | Portefeuille | Indice |  |  |  |
| Cap. boursière moy. (Mds €) |  |  | 75,47 | 76,79 |  |  |  |
| % Moyenne + Petite capitalisation |  |  | 39,09 | 31,08 |  |  |  |
| % Grande capitalisation |  |  | 60,91 | 68,92 |  |  |  |
| PER annuel anticipé |  |  | 14,65 | 16,92 |  |  |  |
| Prix sur actif net |  |  | 1,65 | 1,88 |  |  |  |
| Prix sur cashflow |  |  | 9,47 | 11,52 |  |  |  |
| Taux de rendement (en %) |  |  | 2,56 | 2,37 |  |  |  |
| Croissance BPA annualisé (n/n+2) (en %) |  |  | 15,75 | 14,67 |  |  |  |
| Croissance CA annualisé (n/n+2) (en %) |  |  | 6,19 | 6,55 |  |  |  |
| Nombre d'émetteurs (hors liquidités) |  | 135 |  |  |  |  |  |
| Liquidités en % de l'actif |  | 0,10% |  |  |  |  |  |

| PRINCIPALES LIGNES EN PORTEFEUILLE |  |
| --- | --- |
|  |  |  |  |
|  | Secteur | Poids (PTF) | Ecart / Indice |
| ASML HOLDING NV | Technologies de l'info. | 5,09% | -0,06% |
| LVMH MOET HENNESSY | Conso cyclique | 4,77% | 0,87% |
| SAP SE | Technologies de l'info. | 3,36% | 0,75% |
| L OREAL | Conso non cyclique | 2,91% | 0,90% |
| TOTALENERGIES SE | Énergie | 2,46% | 0,46% |
| DAIMLER AG-REGISTERED SHARES | Conso cyclique | 2,28% | 0,92% |
| KERING | Conso cyclique | 1,97% | 0,80% |
| BANCO SANTANDER SA | Finance | 1,79% | 0,61% |
| DEUTSCHE TELEKOM NAM (XETRA) | Services de communication | 1,69% | 0,44% |
| STELLANTIS MILAN | Conso cyclique | 1,65% | 0,94% |
| Hors OPC |  |  |  |