# Returns
Performance evolution (rebased to 100) from 24/07/2015 to 30/09/2021(1)
110
| Portfolio volatility | 3.29%	5.90% | 4.82% |
| --- | --- | --- |
| Benchmark volatility | 0.00%	0.01% | 0.01% |

105
100
95	
Main Lines in Portfolio (1)

## Portfolio *
90
09/15
03/16
09/16
03/17
09/17
03/18
09/18
03/19
09/19
03/20
09/20
03/21
09/21
85

## Portfolio	Benchmark

## A : During this period, the sub-fund was managed based on a different investment policy than the one currently in force.

## B : Since the beginning of this period, the sub-fund applies the current investment policy.
| Calendar year performance (1) | (2) |  |  |  |  | Number of Lines	453	- Modified duration (in points) estimates a bond portfolio’s |
| --- | --- | --- | --- | --- | --- | --- |
|  | 2020 | 2019 | 2018 | 2017 | 2016 | percentage price change for 1% change in yield |
| Portfolio | 1.56% | 6.37% | -5.83% | 3.75% | 2.21% |  |
| Benchmark | -0.47% | -0.40% | -0.37% | -0.36% | -0.32% |  |
| Spread | 2.03% | 6.76% | -5.46% | 4.11% | 2.53% |  |

Cumulative return and annualised return (1) (2) (3)
| Since | YTD 31/12/2020 | 1 month 31/08/2021 | 3 months 30/06/2021 | 1 year 30/09/2020 | 3 years 28/09/2018 | 5 years 30/09/2016 |
| --- | --- | --- | --- | --- | --- | --- |
| Portfolio | 2.43% | -0.17% | 0.24% | 7.41% | 2.23% | 1.53% |
| Benchmark | -0.36% | -0.04% | -0.12% | -0.48% | -0.44% | -0.41% |
| Spread | 2.80% | -0.13% | 0.36% | 7.89% | 2.67% | 1.94% |

- Source: Amundi: All the performance data provided above is calculated based on the net asset value in the reference currency of the class (Euro), dividends reinvested. The returns and changes in net asset value indicated relate to past years and are not a reliable indicator of future returns. Performance is shown excluding the fees and commissions borne by the investor. The value of the investments may rise or fall according to market trends. Annual returns cover a full period of 12 months for each calendar year. For comparison purposes, the NAV charts are prepared based on the assumption that the net asset value and the index value are equal to 100 at the starting date of the chart period.
- Returns are calculated net of the taxes applicable to the average retail client classed as a natural person residing in Belgium and the tax regime in question applies to this type of person.
- Cumulative return : for periods under 1 year and annualised return : for periods over 1 yearOAT I 0.1% 03/28	3.25%US TII 0.375% 1/27	2.18%US TII 2.125% 02/40	1.79%DBRI IE 0.1% 4/26	1.76%BTPS 2.05% 8/27	1.62%A-F EMERGING MKT HD CUR BD-I EUR	1.55% BTPS 2% 02/28	1.32%A-F EMERGING MKT LOC CURR BD-I USD	1.30% ETFS WTI CRUDE OIL -USD	1.21% AMUNDI PHYSICAL GOLD ETC (AMSTERDAM)  1.10%* The main lines in portfolio are presented except money market
- It is possible that the funds presented in the portfolio are not available in Belgium; please check with your investment adviser® 2020 Morningstar, All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein: 1/include the proprietary information of Morningstar; 2/may not be copied or redistributed; 3/do not constitute investment advice; are not warranted to be complete, accurate or timely. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. For more information about Morningstar ratings, see http://media.morningstar.com/uk/dotcodotuk/Analyst_Research/Stars_vs_Analyst%20Rating_Onesheet.pdf

Translation (ENFR, 2021-09-30):
# Performances
## Evolution de la performance (base 100) *
110

## Indicateurs

### Portefeuille	Indice
100

### Sensibilité	2,79	0,00

### Nombre de lignes	453	-

### La sensibilité (en points) représente le changement en pourcentage du prix pour une évolution de 1% du taux de référence
90	
Volatilité

### 1 an	3 ans	5 ans
09/16
03/17
09/17
03/18
09/18
03/19
09/19
03/20
80

### Portefeuille (107,90)	Indice (97,97)

### Volatilité du portefeuille	3,29%  5,90%  4,82%

### Volatilité de l'indice	0,00%  0,01%  0,01%
09/21
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.
09/20
03/21
| Principales lignes en portefeuille |  |
| --- | --- |
|  | Portefeuille * |
| OAT I 0.1% 03/28 | 3,25% |
| US TII 0.375% 1/27 | 2,18% |
| US TII 2.125% 02/40 | 1,79% |
| DBRI IE 0.1% 4/26 | 1,76% |
| BTPS 2.05% 8/27 | 1,62% |
| A-F EMERGING MKT HD CUR BD-I EUR | 1,55% |
| BTPS 2% 02/28 | 1,32% |
| A-F EMERGING MKT LOC CURR BD-I USD | 1,30% |
| ETFS WTI CRUDE OIL -USD | 1,21% |


### A : Durant cette période, le Compartiment a été géré sur la base d'une politique d'investissement différente de celle actuellement en vigueur.

### B : Depuis le début de cette période, le Compartiment applique l'actuelle politique d'investissement.

# glissantes *
|  | Depuis le | 1 mois | 3 mois | 1 an | 3 ans | 5 ans | Depuis le |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Depuis le | 31/12/2020 | 31/08/2021 | 30/06/2021 | 30/09/2020 | 28/09/2018 | 30/09/2016 | 15/10/2004 |
| Portefeuille | 2,43% | -0,17% | 0,24% | 7,41% | 6,85% | 7,90% | 53,56% |
| Indice | -0,36% | -0,04% | -0,12% | -0,48% | -1,32% | -2,03% | 38,99% |
| Ecart | 2,80% | -0,13% | 0,36% | 7,89% | 8,16% | 9,93% | 14,56% |

|  | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portefeuille | 1,56% | 6,37% | -5,83% | 3,75% | 2,21% | 0,25% | - | - | - | - |
| Indice | -0,47% | -0,40% | -0,37% | -0,36% | -0,32% | -0,11% | - | - | - | - |
| Ecart | 2,03% | 6,76% | -5,46% | 4,11% | 2,53% | 0,35% | - | - | - | - |

Performances calendaires *

### AMUNDI PHYSICAL GOLD ETC (AMSTERDAM)

### 1,10%
- Les performances sont calculées dans la devise de référence, sur des données historiques. Les performances affichées sont nettes de frais de gestion. (1) Les performances calendaires couvrent des périodes complètes de 12 mois pour chaque année civile. Les performances ne sont pas constantes dans le temps et ne préjugent pas des performances et des rendements futurs. La valeur des investissements peut varier à la hausse ou à la baisse selon l'évolution des marchés.
- Les principales lignes en portefeuille sont présentées hors monétaire