# Portfolio Analysis
## Asset Allocation (%)
0	10	20	30	40	50	60	70	80	90	100	110
| Equity | 64.95 | 62.83 | 65.43 | 58.16 | 57.95 | 58.92 | 59.53 | 59.26 | 50.48 | 52.88 | 50.04 | 54.01 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Bonds | 35.05 | 37.17 | 34.57 | 41.84 | 42.05 | 41.08 | 40.47 | 40.74 | 49.52 | 47.12 | 49.96 | 45.99 |

28/02/2022
31/03/2022
29/04/2022
31/05/2022
30/06/2022
29/07/2022
31/08/2022
30/09/2022
31/10/2022
30/11/2022
30/12/2022
31/01/2023

## Currency Breakdown (%)
120
|  |  |  |
| --- | --- | --- |
|  |  |
|  |  |
|  |  |
|  |  |

100
80
60
40
20
0
-20
EUR	SEK	SGD	AUD	GBP	JPY	Other
Portfolio	101.91	0.34	0.21	0.19	0.18	0.14	-2.97
| Equity : 54% of the overall Portfolio |  |
| --- | --- |
| Top 10 Holdings |
| Equity | Weighting (%) | Sector | Geography |
| Prologis Inc | 6.21 | Real Estate | United States |
| Goodman Group | 2.85 | Real Estate | Australia |
| Equinix Inc | 2.45 | Real Estate | United States |
| AvalonBay Communities Inc | 2.34 | Real Estate | United States |
| American Homes 4 Rent | 2.09 | Real Estate | United States |
| Alexandria Real Estate Equi... | 2.08 | Real Estate | United States |
| Capitaland Investment Ltd | 2.05 | Real Estate | Singapore |
| Link REIT | 1.92 | Real Estate | Hong Kong |
| CapitaLand Integrated Comme... | 1.83 | Real Estate | Singapore |
| Welltower Inc | 1.68 | Real Estate | United States |
| Total (%) | 25.49 |  |  |

Companies shown are for illustrative purposes only at the date of this report and may no longer be in the portfolio later. It should not be considered a recommendation to purchase or sell any security.

## Sector Breakdown (%)
Portfolio
Real estate	100.00
Fixed Income : 42% of the overall portfolio

## Top 10 Holdings
| Name | Weighting (%) | Issuer country | Mod. Duration | Contribution |
| --- | --- | --- | --- | --- |
| EURO-BUND FUTURE MAR23 Counter Expo | 3.53 | Germany | 0.0 | 0.00 |
| US 10YR NOTE (CBT)MAR23 Counter Expo | 2.08 | United States | 0.0 | 0.00 |
| Sun Hung Kai Properties 2.875% 01/21/2030 | 1.37 | Hong Kong | 6.2 | 0.08 |
| SELP FINANCE Sarl 3.75% 08/10/2027 | 1.27 | Luxembourg | 3.8 | 0.05 |
| Nerval SAS 2.875% 04/14/2032 | 1.20 | France | 7.3 | 0.09 |
| Segro Capital Sarl 0.5% 09/22/2031 | 1.03 | United Kingdom | 7.9 | 0.08 |
| Fonciere des Murs SCA 1% 07/27/2029 | 1.02 | France | 5.7 | 0.06 |
| Inmobiliaria Colonial SA 0.75% 06/22/2029 | 1.00 | Spain | 5.7 | 0.06 |
| Sagax AB 2.25% 03/13/2025 | 0.96 | Sweden | 1.7 | 0.02 |
| Cofinimmo SA 0.875% 12/02/2030 | 0.95 | Belgium | 7.0 | 0.07 |
| Total (%) | 14.40 |  |  |  |

Companies shown are for illustrative purposes only at the date of this report and may no longer be in the portfolio later. It should not be considered a recommendation to purchase or sell any security.

## Maturity Breakdown (%)
35
30
25
20
15
10
5
0	Cash	0 - 1 Year	1 - 3 years	3 - 5 years	5 - 7 years	7 - 10 years	10 - 15 years
Portfolio	8.06	1.28	10.09	30.84	27.96	21.32	0.45

Translation (ENFR, 2023-01-31):
# Analyse du portefeuille
## Répartition par classe d'actifs (%)
0	10	20	30	40	50	60	70	80	90	100	110
| Actions | 64.95 | 62.83 | 65.43 | 58.16 | 57.95 | 58.92 | 59.53 | 59.26 | 50.48 | 52.88 | 50.04 | 54.01 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Obligations | 35.05 | 37.17 | 34.57 | 41.84 | 42.05 | 41.08 | 40.47 | 40.74 | 49.52 | 47.12 | 49.96 | 45.99 |

28/02/2022
31/03/2022
29/04/2022
31/05/2022
30/06/2022
29/07/2022
31/08/2022
30/09/2022
31/10/2022
30/11/2022
30/12/2022
31/01/2023

## Exposition par devise (%)
120
|  |  |  |
| --- | --- | --- |
|  |  |
|  |  |
|  |  |
|  |  |

100
80
60
40
20
0
-20
EUR	SEK	SGD	AUD	GBP	JPY	Autres
Portefeuille	101.91	0.34	0.21	0.19	0.18	0.14	-2.97
| Actions : 54% du portefeuille global |  |
| --- | --- |
| 10 principaux titres |
| Action | Pondération (%) | Secteur | Géographie |
| Prologis Inc | 6.21 | Immobilier | Etats-Unis |
| Goodman Group | 2.85 | Immobilier | Australie |
| Equinix Inc | 2.45 | Immobilier | Etats-Unis |
| AvalonBay Communities Inc | 2.34 | Immobilier | Etats-Unis |
| American Homes 4 Rent | 2.09 | Immobilier | Etats-Unis |
| Alexandria Real Estate Equi... | 2.08 | Immobilier | Etats-Unis |
| Capitaland Investment Ltd | 2.05 | Immobilier | Singapour |
| Link REIT | 1.92 | Immobilier | Hong-Kong |
| CapitaLand Integrated Comme... | 1.83 | Immobilier | Singapour |
| Welltower Inc | 1.68 | Immobilier | Etats-Unis |
| Total (%) | 25.49 |  |  |

Les informations sur cette société sont données à titre illustratif uniquement, sont valables à la date du reporting et ne constituent pas une recommandation à l’achat ou à la vente. Il est possible que cette entreprise ne soit plus présente en portefeuille à une date ultérieure.

## Exposition sectorielle (%)
Portefeuille
Immobilier	100.00
Obligations : 42% du portefeuille global

## 10 principaux titres
| Libellé | Pondération (%) | Pays émetteur | Mod. Duration | Contribution |
| --- | --- | --- | --- | --- |
| EURO-BUND FUTURE MAR23 Counter Expo | 3.53 | Allemagne | 0.0 | 0.00 |
| US 10YR NOTE (CBT)MAR23 Counter Expo | 2.08 | Etats-Unis | 0.0 | 0.00 |
| Sun Hung Kai Properties 2.875% 01/21/2030 | 1.37 | Hong-Kong | 6.2 | 0.08 |
| SELP FINANCE Sarl 3.75% 08/10/2027 | 1.27 | Luxembourg | 3.8 | 0.05 |
| Nerval SAS 2.875% 04/14/2032 | 1.20 | France | 7.3 | 0.09 |
| Segro Capital Sarl 0.5% 09/22/2031 | 1.03 | Royaume-Uni | 7.9 | 0.08 |
| Fonciere des Murs SCA 1% 07/27/2029 | 1.02 | France | 5.7 | 0.06 |
| Inmobiliaria Colonial SA 0.75% 06/22/2029 | 1.00 | Espagne | 5.7 | 0.06 |
| Sagax AB 2.25% 03/13/2025 | 0.96 | Suède | 1.7 | 0.02 |
| Cofinimmo SA 0.875% 12/02/2030 | 0.95 | Belgique | 7.0 | 0.07 |
| Total (%) | 14.40 |  |  |  |

Les informations sur cette société sont données à titre illustratif uniquement, sont valables à la date du reporting et ne constituent pas une recommandation à l’achat ou à la vente. Il est possible que cette entreprise ne soit plus présente en portefeuille à une date ultérieure.

## Exposition par maturité (%)
35
30
25
20
15
10
5
0	Cash	0 à 1 an	1 - 3 ans	3 - 5 ans	5 - 7 ans	7 - 10 ans	10 - 15 ans
Portefeuille	8.06	1.28	10.09	30.84	27.96	21.32	0.45