# HOLDINGS: % OF PORTFOLIO
## Main Holdings (%)

## by Country (%)
Against Benchmark
| BAHRAIN (KINGDOM OF) 7.50 PCT 20-SEP-2047 | 2.40 |
| --- | --- |
| FED REPUBLIC OF BRAZIL 4.75 PCT 14-JAN-2050 | 2.29 |
| ARGENTINA REPUBLIC OF GOVERNMENT 1.13 | 1.34 |
| COTE D IVOIRE (REPUBLIC OF) 4.88 PCT | 1.29 |
| METINVEST BV 8.50 PCT 23-APR-2026 | 1.07 |
| UKRAINE REPUBLIC OF (GOVERNMENT) 7.25 PCT | 1.03 |
| PETRONAS CAPITAL LTD. 7.88 PCT 22-MAY-2022 | 1.03 |
| UKRAINE REPUBLIC OF (GOVERNMENT) 9.75 PCT | 1.01 |
| GHANA (REPUBLIC OF) 8.75 PCT 11-MAR-2061 | 0.99 |
| URUGUAY (REPUBLIC OF) 7.63 PCT | 0.96 |
| No. of Holdings in Portfolio | 312 |

| China | 7.11 | + 2.77 |
| --- | --- | --- |
| Ukraine | 6.12 | + 3.60 |
| Mexico | 4.51 | - 0.32 |
| Brazil | 4.33 | + 1.36 |
| Indonesia | 4.01 | - 0.61 |
| Bahrain | 3.88 | + 1.34 |
| Dominican Republic | 3.49 | + 0.88 |
| Egypt | 3.00 | + 0.44 |
| Russian Federation | 2.94 | - 0.41 |
| Philippines | 2.74 | - 0.29 |
| Forex contracts | -0.40 | - 0.40 |
| Other | 55.76 | - 10.88 |
| Cash | 2.50 | + 2.50 |
| Total | 100.00 |  |


## by Rating (%)

## by Currency (%)
Against Benchmark
| A- | 3.81 |
| --- | --- |
| BBB | 14.13 |
| BBB- | 8.39 |
| BB+ | 5.68 |
| BB- | 17.87 |
| B+ | 9.57 |
| B | 14.30 |
| B- | 6.64 |
| CCC+ | 4.31 |
| Other | 11.77 |
| Not rated | 1.44 |
| Forex contracts | -0.40 |
| Cash | 2.50 |
| Total | 100.00 |

| AUD | - | + 0.00 |
| --- | --- | --- |
| USD | 99.67 | - 0.33 |
| GBP | 0.39 | + 0.39 |
| PLN | - | - 0.00 |
| EUR | -0.06 | - 0.06 |
| Total | 100.00 |  |

Source of data: BNP Paribas Asset Management, as at 30.09.2021
Sources: Fitch, Moody’s, S&P. Ratings lower than BBB- refer to high-yield or speculative-grade bonds.
The above mentioned securities are for illustrative purpose only and do not constitute any investment recommendation.

Translation (ENFR, 2021-09-30):
# POSITIONS : % DU PORTEFEUILLE
Principales positions
| BAHRAIN (KINGDOM OF) 7.50 PCT 20-SEP-2047 | 2,40 |
| --- | --- |
| FED REPUBLIC OF BRAZIL 4.75 PCT 14-JAN-2050 | 2,29 |
| ARGENTINA REPUBLIC OF GOVERNMENT 1.13 | 1,34 |
| COTE D IVOIRE (REPUBLIC OF) 4.88 PCT | 1,29 |
| METINVEST BV 8.50 PCT 23-APR-2026 | 1,07 |
| UKRAINE REPUBLIC OF (GOVERNMENT) 7.25 PCT | 1,03 |
| PETRONAS CAPITAL LTD. 7.88 PCT 22-MAY-2022 | 1,03 |
| UKRAINE REPUBLIC OF (GOVERNMENT) 9.75 PCT | 1,01 |
| GHANA (REPUBLIC OF) 8.75 PCT 11-MAR-2061 | 0,99 |
| URUGUAY (REPUBLIC OF) 7.63 PCT | 0,96 |
| Nb de positions dans le portefeuille | 312 |

par Notation
par Pays	Contre l'Indice
| Chine | 7,11 | + 2,77 |
| --- | --- | --- |
| Ukraine | 6,12 | + 3,60 |
| Mexique | 4,51 | - 0,32 |
| Brésil | 4,33 | + 1,36 |
| Indonésie | 4,01 | - 0,61 |
| Bahreïn | 3,88 | + 1,34 |
| République dominicaine | 3,49 | + 0,88 |
| Égypte | 3,00 | + 0,44 |
| Fédération de Russie | 2,94 | - 0,41 |
| Philippines | 2,74 | - 0,29 |
| Contrats de change | -0,40 | - 0,40 |
| Autres | 55,76 | - 10,88 |
| Liquidités | 2,50 | + 2,50 |
| Total | 100,00 |  |

par Devise	Contre l'Indice
| A- | 3,81 |
| --- | --- |
| BBB | 14,13 |
| BBB- | 8,39 |
| BB+ | 5,68 |
| BB- | 17,87 |
| B+ | 9,57 |
| B | 14,30 |
| B- | 6,64 |
| CCC+ | 4,31 |
| Autres | 11,77 |
| Non noté | 1,44 |
| Contrats de change | -0,40 |
| Liquidités | 2,50 |
| Total | 100,00 |

| AUD | - | + 0,00 |
| --- | --- | --- |
| USD | 99,67 | - 0,33 |
| GBP | 0,39 | + 0,39 |
| PLN | - | - 0,00 |
| EUR | -0,06 | - 0,06 |
| Total | 100,00 |  |

Source : BNP Paribas Asset Management, en date du 30.09.2021
Sources : Fitch, Moody's, S&P. Les notations < BBB- correspondent à la catégorie de titres à haut rendement ou titres spéculatifs
Les titres ci-dessus sont mentionnés à titre d’information uniquement et ne doivent pas être considérés comme une recommandation d’investissement.