# Portfolio Breakdown (Source: Amundi)
## Sector breakdown (Source: Amundi) *	Geographical breakdown (Source: Amundi)
Consumer discretionary
Industrials
Consumer staples
Financials
Information Technology
Energy
Health care
Materials
Utilities
Communication Services
Real estate
Others and cash
7.77 %
7.34 %
5.51 %
5.00 %
2.61 %
0.85 %
13.65 %
11.99 %
22.88 %
22.40 %
%
France
Netherlands
Other countries
Others and cash
| 0 %	5 % | 10 % | 15 % | 20 % | 25 % | 0 % | 20 % | 40 % | 60 % | 80 % | 100 % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio | Benchmark |  |  | Portfolio | Benchmark |  |
| * Excluding derivatives instruments. |  |  |  | Excluding derivatives instruments. |  |  |
| Top ten issuers (% assets, source: Amundi | ) |  |  | Sub-Fund Statistics (Source: Amundi) |  |  |
|  |  | Portfolio |  | Total portfolio holdings |  | 33 |
| LVMH-MOET HENNESSY LOUIS VUITT |  | 9.53% |  |
| TOTALENERGIES SE |  | 7.34% |
| L OREAL SA |  | 6.48% |
| AIRBUS SE |  | 6.07% |
| SCHNEIDER ELECTRIC SE |  | 5.19% |
| AIR LIQUIDE SA |  | 5.00% |
| BNP PARIBAS SA |  | 4.95% |
| PERNOD RICARD SA |  | 3.98% |
| SANOFI |  | 3.97% |
| HERMES INTERNATIONAL |  | 3.74% |
| Total |  | 56.24% |


### The holdings listed should not be considered recommendations to buy or sell any particular security listed.

## Main overweights (% assets, source: Amundi)	Main underweights (% assets, source: Amundi)
|  | Portfolio | Benchmark | Spread (P - B) |  |  | Portfolio | Benchmark | Spread (P - B) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| AIRBUS SE | 6.07% | 3.85% | 2.21% |  | ESSILORLUXOTTICA SA | 0.29% | 3.13% | -2.84% |
| LA FRANCAISE DES JEUX SAEM | 2.03% | 0.25% | 1.78% |  | SAFRAN SA | - | 2.35% | -2.35% |
| PERNOD RICARD SA | 3.98% | 2.24% | 1.74% |  | SANOFI | 3.97% | 6.04% | -2.07% |
| L OREAL SA | 6.48% | 4.76% | 1.72% |  | STELLANTIS NV | - | 1.71% | -1.71% |
| VEOLIA ENVIRONNEMENT SA | 2.61% | 0.94% | 1.67% |  | ENGIE SA | - | 1.44% | -1.44% |
| ACCOR SA | 1.90% | 0.25% | 1.65% |  | TOTALENERGIES SE | 7.34% | 8.60% | -1.25% |
| SOITEC | 1.71% | 0.23% | 1.49% |  | STMICROELECTRONICS NV | - | 1.24% | -1.24% |
| BNP PARIBAS SA | 4.95% | 3.48% | 1.46% |  | ORANGE SA | - | 1.02% | -1.02% |
| WORLDLINE SA/FRANCE | 1.87% | 0.51% | 1.35% |  | KERING SA | 1.17% | 2.10% | -0.93% |
| DANONE | 3.19% | 1.87% | 1.32% |  | PUBLICIS GROUPE SA | - | 0.80% | -0.80% |
| Total | 34.79% | 18.39% | 16.40% |  | Total | 12.78% | 28.43% | -15.65% |


### The holdings listed should not be considered recommendations to buy or sell any particular security listed.

### The holdings listed should not be considered recommendations to buy or sell any particular security listed.

Translation (ENFR, 2022-12-31):
# Composition du portefeuille (Source : Amundi)
## Répartition sectorielle (Source : Amundi) *	Répartition géographique (Source : Amundi)
Conso cyclique
22,88 %
Industrie
Conso non cyclique
Finance
Technologies de l'info.
Énergie
Santé
Matériaux
Services publics
Services de communication
Immobilier
Autres et liquidités
7,77 %
7,34 %
5,51 %
5,00 %
2,61 %
0,85 %
13,65 %
11,99 %
22,40 %
France
Pays-Bas
Autres pays
Autres et liquidités
0 %	5 %	10 %	15 %	20 %	25 %

### Portefeuille Indice
0 %	20 %	40 %	60 %	80 %	100 %

### Portefeuille Indice
| * Hors prise en compte des produits dérivés. |  |  | Hors prise en compte des produits dérivés. |
| --- | --- | --- | --- |
| Principaux émetteurs en portefeuille (% d'actifs, source : Amundi) |  |  | Indicateurs (Source : Amundi) |
|  | Portefeuille |  | Nombre de lignes en portefeuille33 |
| LVMH-MOET HENNESSY LOUIS VUITT | 9,53% |  |  |
| TOTALENERGIES SE | 7,34% |  |  |
| L OREAL SA | 6,48% |  |  |
| AIRBUS SE | 6,07% |  |  |
| SCHNEIDER ELECTRIC SE | 5,19% |  |  |
| AIR LIQUIDE SA | 5,00% |  |  |
| BNP PARIBAS SA | 4,95% |  |  |
| PERNOD RICARD SA | 3,98% |  |  |
| SANOFI | 3,97% |  |  |
| HERMES INTERNATIONAL | 3,74% |  |  |
| Total | 56,24% |  |  |


### Les titres mentionnés ne doivent pas être considérés comme des recommandations d'achat ou de vente d'un titre donné.

## Principales surpondérations (% d'actif, source : Amundi)	Principales sous-pondérations (% d'actif, source : Amundi)
|  | Portefeuille | Indice | Ecart (P - I) |  |  | Portefeuille | Indice | Ecart (P - I) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| AIRBUS SE | 6,07% | 3,85% | 2,21% |  | ESSILORLUXOTTICA SA | 0,29% | 3,13% | -2,84% |
| LA FRANCAISE DES JEUX SAEM | 2,03% | 0,25% | 1,78% |  | SAFRAN SA | - | 2,35% | -2,35% |
| PERNOD RICARD SA | 3,98% | 2,24% | 1,74% |  | SANOFI | 3,97% | 6,04% | -2,07% |
| L OREAL SA | 6,48% | 4,76% | 1,72% |  | STELLANTIS NV | - | 1,71% | -1,71% |
| VEOLIA ENVIRONNEMENT SA | 2,61% | 0,94% | 1,67% |  | ENGIE SA | - | 1,44% | -1,44% |
| ACCOR SA | 1,90% | 0,25% | 1,65% |  | TOTALENERGIES SE | 7,34% | 8,60% | -1,25% |
| SOITEC | 1,71% | 0,23% | 1,49% |  | STMICROELECTRONICS NV | - | 1,24% | -1,24% |
| BNP PARIBAS SA | 4,95% | 3,48% | 1,46% |  | ORANGE SA | - | 1,02% | -1,02% |
| WORLDLINE SA/FRANCE | 1,87% | 0,51% | 1,35% |  | KERING SA | 1,17% | 2,10% | -0,93% |
| DANONE | 3,19% | 1,87% | 1,32% |  | PUBLICIS GROUPE SA | - | 0,80% | -0,80% |
| Total | 34,79% | 18,39% | 16,40% |  | Total | 12,78% | 28,43% | -15,65% |


### Les titres mentionnés ne doivent pas être considérés comme des recommandations d'achat ou de vente d'un titre donné.

### Les titres mentionnés ne doivent pas être considérés comme des recommandations d'achat ou de vente d'un titre donné.