# Portfolio Breakdown
## Sector breakdown *	Geographical breakdown *
Industrials
Consumer discretionary
Financials
Consumer staples
Energy
Health care
Information Technology
Materials
Communication Services
Utilities
Real estate
Others and cash
France
United States
Netherlands
Switzerland
Other countries
Others and cash
| 0 %	5 % | 10 % | 15 % | 20 % | 25 % | 30 % | 0 % | 20 % | 40 % | 60 % | 80 % | 100 % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio | Benchmark |  |  | Portfolio | Benchmark |  |
| * Excluding derivatives instruments. |  |  |  | * Excluding derivatives instruments. |  |  |
| Top ten issuers (% assets) |  |  |  | Sub-Fund Statistics |  |  |
|  |  | Portfolio |  | Total portfolio holdings |  | 31 |
| LVMH-MOET HENNESSY LOUIS VUITT |  | 9.06% |  |
| SANOFI |  | 6.47% |
| TOTALENERGIES SE |  | 6.13% |
| SCHNEIDER ELECTRIC SE |  | 6.00% |
| AIRBUS SE |  | 5.88% |
| KERING |  | 5.31% |
| AIR LIQUIDE SA |  | 4.72% |
| VINCI SA |  | 4.50% |
| BNP PARIBAS SA |  | 4.28% |
| AXA SA |  | 3.91% |
| Total |  | 56.28% |

| Main overweights (% assets) |  |  |  |  | Main underweights (% assets) |  |
| --- | --- | --- | --- | --- | --- | --- |
|  | Portfolio | Benchmark | Spread (P - B) |  |  | Portfolio | Benchmark | Spread (P - B) |
| WORLDLINE SA/FRANCE | 3.26% | 1.06% | 2.20% |  | HERMES INTERNATIONAL | - | 2.24% | -2.24% |
| KERING | 5.31% | 3.17% | 2.14% |  | DANONE | - | 2.19% | -2.19% |
| AIRBUS SE | 5.88% | 3.76% | 2.13% |  | L OREAL SA | 3.21% | 5.33% | -2.12% |
| VINCI SA | 4.50% | 2.44% | 2.06% |  | SAFRAN SA | - | 1.99% | -1.99% |
| CARREFOUR SA | 2.48% | 0.55% | 1.93% |  | DASSAULT SYSTEMES SA | - | 1.67% | -1.67% |
| EURONEXT NV | 2.32% | 0.39% | 1.92% |  | CAPGEMINI SE | - | 1.61% | -1.61% |
| SCHNEIDER ELECTRIC SE | 6.00% | 4.12% | 1.88% |  | CIE DE SAINT-GOBAIN | - | 1.58% | -1.58% |
| TELEPERFORMANCE | 2.90% | 1.16% | 1.74% |  | LVMH-MOET HENNESSY LOUIS VUITT | 9.06% | 10.46% | -1.39% |
| CREDIT AGRICOLE SA | 2.42% | 0.75% | 1.66% |  | LEGRAND SA | - | 1.37% | -1.37% |
| AXA SA | 3.91% | 2.33% | 1.58% |  | CIE GENERALE DES ETBS MICHELIN | - | 1.35% | -1.35% |
| Total | 38.99% | 19.74% | 19.25% |  | Total | 12.28% | 29.80% | -17.52% |

Translation (ENFR, 2021-07-31):
# Composition du portefeuille
## Répartition sectorielle *	Répartition géographique *
Industrie
Conso cyclique
Finance
Conso non cyclique
Énergie
Santé
Technologies de l'info.
Matériaux
Services de communication
Services publics
Immobilier
Autres et liquidités
France
Etats-Unis
Pays-Bas
Suisse
Autres pays
Autres et liquidités
0 %	5 %	10 %	15 %	20 %	25 % 30 %

### 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) |  |  | Indicateurs |
|  | Portefeuille |  | Nombre de lignes en portefeuille | 31 |
| LVMH-MOET HENNESSY LOUIS VUITT | 9,06% |  |
| SANOFI | 6,47% |
| TOTALENERGIES SE | 6,13% |
| SCHNEIDER ELECTRIC SE | 6,00% |
| AIRBUS SE | 5,88% |
| KERING | 5,31% |
| AIR LIQUIDE SA | 4,72% |
| VINCI SA | 4,50% |
| BNP PARIBAS SA | 4,28% |
| AXA SA | 3,91% |
| Total | 56,28% |

| Principales surpondérations (% d'actif) |  |  |  |  | Principales sous-pondérations (% d'actif) |  |
| --- | --- | --- | --- | --- | --- | --- |
|  | Portefeuille | Indice | Ecart (P - I) |  |  | Portefeuille | Indice | Ecart (P - I) |
| WORLDLINE SA/FRANCE | 3,26% | 1,06% | 2,20% |  | HERMES INTERNATIONAL | - | 2,24% | -2,24% |
| KERING | 5,31% | 3,17% | 2,14% |  | DANONE | - | 2,19% | -2,19% |
| AIRBUS SE | 5,88% | 3,76% | 2,13% |  | L OREAL SA | 3,21% | 5,33% | -2,12% |
| VINCI SA | 4,50% | 2,44% | 2,06% |  | SAFRAN SA | - | 1,99% | -1,99% |
| CARREFOUR SA | 2,48% | 0,55% | 1,93% |  | DASSAULT SYSTEMES SA | - | 1,67% | -1,67% |
| EURONEXT NV | 2,32% | 0,39% | 1,92% |  | CAPGEMINI SE | - | 1,61% | -1,61% |
| SCHNEIDER ELECTRIC SE | 6,00% | 4,12% | 1,88% |  | CIE DE SAINT-GOBAIN | - | 1,58% | -1,58% |
| TELEPERFORMANCE | 2,90% | 1,16% | 1,74% |  | LVMH-MOET HENNESSY LOUIS VUITT | 9,06% | 10,46% | -1,39% |
| CREDIT AGRICOLE SA | 2,42% | 0,75% | 1,66% |  | LEGRAND SA | - | 1,37% | -1,37% |
| AXA SA | 3,91% | 2,33% | 1,58% |  | CIE GENERALE DES ETBS MICHELIN | - | 1,35% | -1,35% |
| Total | 38,99% | 19,74% | 19,25% |  | Total | 12,28% | 29,80% | -17,52% |