# Portfolio analysis
## Fund indicators

## Fund indicators

## Sector breakdown
31.12%
30.35%
35%
30%
25%
8.50%
8.38%
6.45%
8.84%
4.14%
9.46%
20%
5.94%
2.63%
5.30%
4.70%
5.23%
2.49%
4.41%
3.14%
4.19%
2.55%
4.00%
6.37%
3.54%
3.14%
2.80%
2.80%
2.65%
0.92%
2.57%
4.28%
2.55%
4.84%
1.42%
2.77%
15%
1.75%
0.57%
1.38%
1.75%
0.00%
0.01%
2.05%
0.00%
10%
5%
Banking
Energy
Healthcare
Insurance
Retail
Financial Services
Real Estate
Basic Industry
Technology &
Electronics
Consumer Goods
Telecommunications
Media
Services
Utility
Capital Goods
Leisure
Automotive
Transportation
Not Classified
Cash
0%
Portfolio	Performance Indicator*
19.22%
32.18%
34.26%
30.18%
24.41%
22.91%
18.59%
29.61%
31.84%
27.24%
20.26%
17.51%
23.18%
25.61%

## Modified duration to worst breakdown	Years to maturity breakdown
36%
32%
28%
24%
20%
16%
12%
8%
4%
0%
Cash	0-1	1-3	3-5	5-7	7-10	10-20
36%
32%
28%
24%
20%
16%
12%
8%
4%
0%
2.05%
0.00%
5.67%
0.52%
14.17%
14.21%
0.22%
0.00%
2.05%
0.00%
0.42%
0.02%
Cash	0-1
year
1-3
years
3-5
years
5-7
years
7-10
years
3.65%
0.00%
10-20
years
Portfolio	Performance Indicator*	Portfolio	Performance Indicator*
| Portfolio analysis |  |
| --- | --- |
| Top 10 holdings |  |  |  |  |  |  |
| Issuer | Coupon rate | Maturity | Sector | Modified duration to worst | Rating | Weight |
| AT&T INC | 4.300 | 15/02/30 | Telecommunications | 9.09 | BBB | 1.33% |
| VERIZON COMMUNICATIONS | 5.150 | 15/09/23 | Telecommunications | 4.43 | BBB | 1.31% |
| CVS HEALTH CORP | 4.100 | 25/03/25 | Retail | 5.59 | BBB | 1.07% |
| ANHEUSER-BUSCH INBEV FIN | 3.650 | 01/02/26 | Consumer Goods | 6.53 | BBB | 1.02% |
| GOLDMAN SACHS GROUP INC | 2.908 | 05/06/23 | Banking | 3.56 | A | 1.01% |
| JPMORGAN CHASE & CO | 2.950 | 01/10/26 | Banking | 7.12 | A | 1.00% |
| REGIONS FINANCIAL CORP | 3.800 | 14/08/23 | Banking | 4.48 | BBB | 0.94% |
| CITIGROUP INC | 3.142 | 24/01/23 | Banking | 3.24 | A | 0.92% |
| DELL INT LLC / EMC CORP | 5.450 | 15/06/23 | Technology & Electronics | 4.12 | BBB | 0.91% |
| BB&T CORPORATION | 2.450 | 15/01/20 | Banking | 1.35 | A | 0.90% |
| Number of Holdings | 219 |  |  |  |  |  |


## Rating breakdown
61.35%
70%
41.55%
47.47%
60%
50%
22.84%
40%
30%
8.15%
9.12%
5.16%
20%
0.44%
1.63%
0.23%
2.05%
0.00%
10%
0%
AAA	AA	A	BBB	BB	Cash
Portfolio	Performance Indicator*

## Currency breakdown
110%
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
USD	Cash
Portfolio	Performance Indicator*

## Country Breakdown
78.91%
81.04%
90%
80%
70%
60%
50%
40%
30%
5.71%
5.18%
20%
3.03%
2.95%
2.78%
2.43%
0.78%
1.65%
1.18%
1.53%
1.45%
1.45%
1.08%
1.42%
0.29%
1.28%
0.00%
1.20%
0.33%
2.26%
2.05%
0.00%
10%
0%
United States
Canada		United Kingdom
France	Netherlands	Australia	Belgium	Ireland	New
Zealand
Portfolio	Performance Indicator*
Sweden	Other	Cash

Translation (ENFR, 2018-08-31):
# Analyse du portefeuille
## Caractéristique du portefeuille

## Caractéristique du portefeuille

## Exposition sectorielle
31.12%
30.35%
35%
30%
25%
4.14%
9.46%
20%
8.50%
8.38%
6.45%
8.84%
5.94%
2.63%
5.30%
4.70%
5.23%
2.49%
4.41%
3.14%
4.00%
6.37%
2.55%
4.84%
15%
4.19%
2.55%
3.54%
3.14%
2.80%
2.80%
2.65%
0.92%
2.57%
4.28%
1.75%
0.57%
1.42%
2.77%
1.38%
1.75%
0.00%
0.01%
2.05%
0.00%
10%
5%
Bancaires
Energie
Sante
Assurances
Produits de
détail
Services
Financiers
Immobilier
Industrie
Tech. & Elec.
Biens de
consommation
Télécom.
Médias
Services
Serv. aux
collect.
Biens d’équip.
Loisirs
Automobile
Transport
Non Classé
Cash
0%
Portefeuille	Indicateur de performance*
19.22%
32.18%
34.26%
30.18%
24.41%
22.91%
18.59%
29.61%
31.84%
27.24%
20.26%
17.51%
23.18%
25.61%

## Exposition à la Modified Duration to Worst	Exposition par maturité
36%
32%
28%
24%
20%
16%
12%
8%
4%
0%
2.05%
0.00%
5.67%
0.52%
14.17%
14.21%
0.22%
0.00%
Cash	0-1	1-3	3-5	5-7	7-10	10-20
Portefeuille	Indicateur de performance*
36%
32%
28%
24%
20%
16%
12%
8%
4%
0%
2.05%
0.00%
0.42%
0.02%
3.65%
0.00%
Cash	0-1 an	1-3 ans	3-5 ans	5-7 ans	7-10 ans  10-20 ans
Portefeuille	Indicateur de performance*
| Analyse du portefeuille |  |
| --- | --- |
| Les 10 principales lignes |  |  |  |  |  |  |
| Emetteur | Coupon | Maturité | Secteur | Modified duration to worst | Rating | Poids |
| AT&T INC | 4.300 | 15/02/30 | Télécom. | 9.09 | BBB | 1.33% |
| VERIZON COMMUNICATIONS | 5.150 | 15/09/23 | Télécom. | 4.43 | BBB | 1.31% |
| CVS HEALTH CORP | 4.100 | 25/03/25 | Produits de détail | 5.59 | BBB | 1.07% |
| ANHEUSER-BUSCH INBEV FIN | 3.650 | 01/02/26 | Biens de consommation | 6.53 | BBB | 1.02% |
| GOLDMAN SACHS GROUP INC | 2.908 | 05/06/23 | Bancaires | 3.56 | A | 1.01% |
| JPMORGAN CHASE & CO | 2.950 | 01/10/26 | Bancaires | 7.12 | A | 1.00% |
| REGIONS FINANCIAL CORP | 3.800 | 14/08/23 | Bancaires | 4.48 | BBB | 0.94% |
| CITIGROUP INC | 3.142 | 24/01/23 | Bancaires | 3.24 | A | 0.92% |
| DELL INT LLC / EMC CORP | 5.450 | 15/06/23 | Tech. & Elec. | 4.12 | BBB | 0.91% |
| BB&T CORPORATION | 2.450 | 15/01/20 | Bancaires | 1.35 | A | 0.90% |
| Nombre de lignes | 219 |  |  |  |  |  |


## Exposition par rating
61.35%
70%
41.55%
47.47%
60%
50%
22.84%
40%
30%
8.15%
9.12%
5.16%
20%
0.44%
1.63%
0.23%
2.05%
0.00%
10%
0%
AAA	AA	A	BBB	BB	Cash
Portefeuille	Indicateur de performance*

## Exposition par devise
110%
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
USD	Cash
Portefeuille	Indicateur de performance*

## Exposition par pays
78.91%
81.04%
90%
80%
70%
60%
50%
40%
30%
5.71%
20%
3.03%
2.95%
2.78%
2.43%
0.78%
1.65%
1.18%
1.53%
1.45%
1.45%
1.08%
1.42%
0.29%
1.28%
0.00%
1.20%
0.33%
2.26%
5.18%
2.05%
0.00%
10%
0%
Etats-Unis	Canada	Royaume-Uni	France	Pays-Bas	Australie	Belgique	Irlande	Nlle-Zélande	Suède	Autres	Cash
Portefeuille	Indicateur de performance*