# Returns (Source: Fund Admin)
## Performance evolution (rebased to 100) from 18/04/2019 to 31/01/2022*
115
110
Risk & Reward Profile (SRRI)	
Lower risk, potentially lower rewards
105
100
95
04/19
05/19
06/19
07/19
08/19
90

## Cumulative Returns *
09/19
10/19
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07/20
08/20
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01/22

### Portfolio
Higher risk, potentially higher rewards

### The SRRI represents the risk and return profile as presented in the Key Investor Information Document (KIID). The lowest category does not imply that there is no risk. The SRRI is not guaranteed and may change over time.

### The risk level of this Sub-Fund reflects the risk of its allocation, which is mainly exposed to the bond market.

## Additional Risks

### Important risks materially relevant to the Sub-Fund which are not adequately captured by the indicator:

### Credit risk: represents the risks associated with an issuer’s sudden downgrading of its signature’s quality or its default.

### Liquidity risk: in case of low trading volume on financial

### YTD		1 month		3 months		 1 year	3 years	5 years		 Since Since	31/12/2021	31/12/2021	29/10/2021	29/01/2021		-		-	18/04/2019 Portfolio		-2.24%			-2.24%			-1.61%		1.71%		-		-		7.86%

## Calendar year performance *

### 2021	2020	2019	2018	2017

### Portfolio	3.89%	3.28%	-	-	-

### * Source : Amundi. The above results pertain to full 12-month period per calendar year. All performances are calculated net income reinvested and net of all charges taken by the Sub-Fund and expressed with the round-off superior. Past performance is not a reliable indicator of future performance. The value of investments may vary upwards or downwards according to market conditions.

### markets, any buy or sell trade on these markets may lead to important market variations/fluctuations that may impact your portfolio valuation.

### Counterparty risk: represents the risk of default of a market participant to fulfil its contractual obligations vis-à- vis your portfolio.

### Operational risk: this is the risk of default or error within the different service providers involved in managing and valuing your portfolio.

### Emerging Markets risk : Some of the countries invested in may carry higher political, legal, economic and liquidity risks than investments in more developed countries.

### The occurrence of any of these risks may have an impact on the net asset value of your portfolio.
© 2022 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
| Performance analytics (Source: Fund Admin) |  |  | Risk analysis (rolling) (Source: Fund Admin) |  |
| --- | --- | --- | --- | --- |
| Maximum drawdown | -12.08% |  |  | 1 year | 3 years | 5 years |
| Recovery period (days) | 269 |  | Portfolio volatility | 4.01% | - | - |
| Worst month | 03/2020 |  | Portfolio sharpe ratio | 0.51 | - | - |
|  | Lowest return | -5.55% | Volatility is a statistical indicator that measures an asset’s variations around its average value. |  |
|  | Best month | 04/2020 | For example, market variations of +/- 1.5% per day correspond to a volatility of 25% per year. |  |
|  | Highest return | 3.36% |  |  |
|  | Portfolio Breakdown (Source: Amundi) |  |  |  |
|  | Sub-Fund Statistics (Source: Amundi) |  | Currency Breakdown (Source: Amundi) |  |


### Portfolio

### Number of Positions325

### Modified duration3.72

### Spread Duration3.43

### Average rating	A

### Yield	0.21%

### Average Rating calculated of the three agencies: Fitch, Moody's and Standard & Poor's
|  | Portfolio * |
| --- | --- |
| AUSTRIA 0.75% 20/10/26 | 1.73% |
| AUSTRIA 0.5% 4/27 | 1.62% |
| BTPS 3% 08/29 | 1.46% |
| BTPS 0.95% 08/30 | 1.34% |
| BTPS 2.25% 01/09/36 | 1.21% |
| BTPS 1.6% 06/2026 | 1.18% |
| MICROSOFT CORP | 1.09% |
| BTPS 2% 02/28 | 1.08% |
| DBR % 08/30 G | 1.07% |
| DBRI IE 0.1% 4/26 | 1.02% |
| * The main lines in portfolio are presented except money market |  |


## Top 10 Holdings (Source: Amundi)
80 %
60 %
40 %
20 %
0 %
EUR	USD	Others	JPY	GBP	CAD	CHF

### Portfolio

## Asset Allocation (Source: Amundi)
Bonds
Equities
Cash
Forex
Others
0 %	10 %	20 %	30 %	40 %	50 %	60 %  70 %

### Net Exposure Gross Exposure

Translation (ENFR, 2022-01-31):
# Caractéristiques principales (Source : Amundi)
### Forme Juridique : SICAV

### Date de création du compartiment/OPC : 18/04/2019

### Date de création de la classe : 18/04/2019 Eligibilité : Compte-titres, Assurance-vie Enveloppe fiscale : Eligible Planilion Eligible PEA : Non

### Affectation des sommes distribuables : (C) Capitalisation

### (D) Distribution

### Souscription minimum: 1ère / suivantes :

### 1 millième part(s)/action(s) / 1 millième part(s)/action(s)

### Frais d'entrée (maximum) : 4,50%

### Frais courants : 1,45% ( prélevés 30/06/2021 )

### Frais de sortie (maximum) : 0,00%

### Durée minimum d'investissement recommandée : 4 ans

### Commission de surperformance : Oui
Performances (Source : Fund Admin)

## Evolution de la performance (base 100) *
115
110
105
100

## Indicateur(s) glissant(s) (Source : Fund Admin)

### 1 an	3 ans 5 ans Volatilité du portefeuille	4,01%		-	-
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.

## Indicateurs (Source : Amundi)

### Portefeuille	Indice

### Sensibilité	3,72	5,20
95	

### Nombre de lignes	3257922

### La sensibilité (en points) représente le changement en pourcentage du prix pour une évolution de 1% du taux de
04/19
05/19
06/19
07/19
08/19
09/19
10/19
11/19
12/19
01/20
02/20
03/20
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03/21
04/21
05/21
06/21
07/21
08/21
09/21
10/21
11/21
12/21
01/22
90	

### référence

## Performances glissantes *

### Portefeuille (107,86)

## Principales lignes en portefeuille (Source : Amundi)
|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Depuis le | 1 mois | 3 mois | 1 an | 3 ans | 5 ans | Depuis le |  | AUSTRIA 0.75% 20/10/26 | 1,73% |
| Depuis le | 31/12/2021 | 31/12/2021 | 29/10/2021 | 29/01/2021 | - | - | 18/04/2019 |  | AUSTRIA 0.5% 4/27 | 1,62% |


### Portefeuille *

### Portefeuille	-2,24%	-2,24%	-1,61%	1,71%	-	-	7,86%
| BTPS 3% 08/29 | 1,46% |
| --- | --- |
| BTPS 0.95% 08/30 | 1,34% |
| BTPS 2.25% 01/09/36 | 1,21% |
| BTPS 1.6% 06/2026 | 1,18% |
| MICROSOFT CORP | 1,09% |
| BTPS 2% 02/28 | 1,08% |
| DBR % 08/30 G | 1,07% |
| DBRI IE 0.1% 4/26 | 1,02% |

| Performances calendaires * |  |
| --- | --- |
|  | 2021 | 2020 | 2019 | 2018 | 2017 |
| Portefeuille | 3,89% | 3,28% | - | - | - |


### * Les principales lignes en portefeuille sont présentées hors monétaire
* 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.