# Class category I (Currency: EUR)
|  | 30/12/2016 | 29/12/2017 | 31/12/2018 | 31/12/2019 | 31/12/2020 |
| --- | --- | --- | --- | --- | --- |
| Net asset value (in EUR) |  |  |  |  |  |
| C units | 1,563.52 | 1,605.73 | 1,446.05 | 1,462.90 | 1,372.40 |
| Net assets (in EUR thousands) | 51,190.85 | 53,762.07 | 6,815.91 | 1,173.38 | 425.85 |
| Number of securities |  |  |  |  |  |
| C units | 32,740.57288 | 33,481.35327 | 4,713.44715 | 802.09145 | 310.29412 |

| Payment date | 30/12/2016 | 29/12/2017 | 31/12/2018 | 31/12/2019 | 31/12/2020 |
| --- | --- | --- | --- | --- | --- |
| Unit distribution on net capital gains and losses | - | - | - | - | - |
| (including deposits) (in EUR) |  |  |  |  |  |
| Unit distribution on profit or loss | - | - | - | - | - |
| (including deposits) (in EUR) |  |  |  |  |  |
| Unit tax credit (*) | - | - | - | - | - |
| natural persons (in EUR) |  |  |  |  |  |
| Unit capitalisation on net capital |  |  |  |  |  |
| gains and losses |  |  |  |  |  |
| C units | -383.32 | 10.99 | -153.64 | 0.27 | -87.66 |
| Unit capitalisation on profit or loss |  |  |  |  |  |
| C units | -2.42 | 8.76 | -2.61 | -6.44 | -10.95 |

(*) The unit tax credit is determined on the date of payment, pursuant to the tax directive of 4 March 1993 (Ints. 4 K-1-93). The theoretical amounts, calculated according to the rules applicable to natural persons, are presented here as a guide. "Tax directive 4 J-2-99 of 8 November 1999 also states that the beneficiaries of tax credits other than natural persons are themselves responsible for calculating the amount of tax credits to which they are entitled."
Inventory of financial instruments as at 31 December 2020
| Asset and denomination of securities | Quantity | Price | Listing currency | Current value | Rounded % of the net assets |
| --- | --- | --- | --- | --- | --- |
| Bonds and similar securities |  |  |  |  | 2,865,784.52 | 57.20 |
| Traded on a regulated or similar market |  |  |  |  | 2,865,784.52 | 57.20 |
| CHILE 0.83% 19-02/07/2031 | 100,000.00 | 104.86 | EUR | 105,284.61 | 2.10 |
| FRANCE O.A.T. 0% 16-25/05/2021 | 640,000.00 | 100.27 | EUR | 641,724.80 | 12.81 |
| INDONESIA (REP) 1.45% 19-18/09/2026 | 155,000.00 | 105.28 | EUR | 163,857.11 | 3.27 |
| MEXICAN UNITED 6.05% 08-11/01/2040 | 220,000.00 | 134.52 | USD | 247,123.17 | 4.93 |
| PORTUGUESE OTS 1.95% 19-15/06/2029 | 345,708.87 | 117.34 | EUR | 409,432.41 | 8.17 |
| SPANISH GOVT 1.4% 18-30/04/2028 | 785,000.00 | 111.87 | EUR | 885,675.52 | 17.68 |
| SPANISH GOVT 2.7% 18-31/10/2048 | 149,000.00 | 146.99 | EUR | 219,735.29 | 4.39 |
| STATE OF ISRAEL 3.375% 20-15/01/2050 | 210,000.00 | 110.83 | USD | 192,951.61 | 3.85 |
| Debt securities |  |  |  |  | 1,146,729.01 | 22.89 |
| Traded on a regulated or similar market |  |  |  |  | 1,146,729.01 | 22.89 |
| Negotiable debt securities |  |  |  |  | 500,615.22 | 9.99 |
| FRENCH BTF 0% 20-10/03/2021 | 500,000.00 | 100.12 | EUR | 500,615.22 | 9.99 |
| Other debt securities |  |  |  |  | 646,113.79 | 12.90 |
| ROMANIA 3.875% 15-29/10/2035 | 100,000.00 | 122.61 | EUR | 123,331.30 | 2.46 |
| SPANISH GOVT 0.6% 19-31/10/2029 | 493,000.00 | 105.93 | EUR | 522,782.49 | 10.43 |
| UCI securities |  |  |  |  | 645,827.76 | 12.89 |
| General purpose UCITS and AIF intended for non-professionals and equivalent in other Member States of the European Union |  | 645,827.76 | 12.89 |
| LF TRESORERIE ISR I UNITS | 6.00 | 107,637.96 | EUR | 645,827.76 | 12.89 |
| Financial futures |  |  |  |  | -12,119.04 | -0.24 |
| Futures |  |  |  |  | 3,593.31 | 0.07 |
| EURO-BTP FUTURE 08/03/2021 | 3.00 | 152.01 | EUR | 4,110.00 | 0.08 |
| EURO-BUND FUTURE 08/03/2021 | 2.00 | 177.64 | EUR | 1,920.00 | 0.04 |
| EURO BUXL 30Y BONDS 08/03/2021 | -1.00 | 225.24 | EUR | -3,420.00 | -0.07 |
| ULTRA LONG TERM US TRS BD FUT 22/03/2021 | -1.00 | 213.56 | USD | 983.31 | 0.02 |
| Margin calls |  |  |  |  | -3,593.31 | -0.07 |
| Rate swaps |  |  |  |  | -12,119.04 | -0.24 |
| IRS8 | -267,000.00 |  | - | EUR | -12,119.04 | -0.24 |
| Receivables |  |  |  |  | 84,350.08 | 1.68 |
| Payables |  |  |  |  | -16,158.21 | -0.32 |
| Deposits |  |  |  |  | - | - |
| Other financial accounts |  |  |  |  | 295,792.09 | 5.90 |
| TOTAL NET ASSETS |  |  |  | EUR | 5,010,206.21 | 100.00 |

Translation (ENFR, 2020-12-31):
# Catégorie de classe I (Devise: EUR)
| 30/12/2016 | 29/12/2017 | 31/12/2018 | 31/12/2019 | 31/12/2020 |
| --- | --- | --- | --- | --- |
| Valeur liquidative (en EUR) |  |  |  |  |  |
| Parts C | 1,563.52 | 1,605.73 | 1,446.05 | 1,462.90 | 1,372.40 |
| Actif net (en k EUR) | 51,190.85 | 53,762.07 | 6,815.91 | 1,173.38 | 425.85 |
| Nombre de titres |  |  |  |  |  |
| Parts C | 32,740.57288 | 33,481.35327 | 4,713.44715 | 802.09145 | 310.29412 |

| Date de mise en paiement | 30/12/2016 | 29/12/2017 | 31/12/2018 | 31/12/2019 | 31/12/2020 |
| --- | --- | --- | --- | --- | --- |
| Distribution unitaire sur plus et moins- values nettes | - | - | - | - | - |
| (y compris les acomptes) (en EUR) |  |  |  |  |  |
| Distribution unitaire sur résultat | - | - | - | - | - |
| (y compris les acomptes) (en EUR) |  |  |  |  |  |
| Crédit d'impôt unitaire (*) | - | - | - | - | - |
| personnes physiques (en EUR) |  |  |  |  |  |
| Capitalisation unitaire sur plus et moins- |  |  |  |  |  |
| values nettes |  |  |  |  |  |
| Parts C | -383.32 | 10.99 | -153.64 | 0.27 | -87.66 |
| Capitalisation unitaire sur résultat |  |  |  |  |  |
| Parts C | -2.42 | 8.76 | -2.61 | -6.44 | -10.95 |

(*) "Le crédit d'impôt unitaire est déterminé à la date du paiement en application de l'instruction fiscale du 04/03/93 (Ints.4 K-1-93). Les montants théoriques, calculés selon les règles applicables aux personnes physiques, sont ici présentés à titre indicatif. "L'instruction 4 J-2-99 du 08/11/99 précise par ailleurs que les bénéficiaires d'avoir fiscal autres que les personnes physiques calculent sous leur responsabilité le montant des avoirs fiscaux auxquels ils ont droit."
Inventaire des instruments financiers au 31 Décembre 2020
| Eléments d'actifs et libellé des valeurs | Quantité | Cours | Devise cotation | Valeur actuelle | % arrondi de l'actif net |
| --- | --- | --- | --- | --- | --- |
| Obligations et valeurs assimilées |  |  |  | 2,865,784.52 | 57.20 |
| Négociées sur un marché réglementé ou assimilé |  |  |  | 2,865,784.52 | 57.20 |
| CHILE 0.83% 19-02/07/2031 | 100,000.00 | 104.86 | EUR | 105,284.61 | 2.10 |
| FRANCE O.A.T. 0% 16-25/05/2021 | 640,000.00 | 100.27 | EUR | 641,724.80 | 12.81 |
| INDONESIA (REP) 1.45% 19-18/09/2026 | 155,000.00 | 105.28 | EUR | 163,857.11 | 3.27 |
| MEXICAN UNITED 6.05% 08-11/01/2040 | 220,000.00 | 134.52 | USD | 247,123.17 | 4.93 |
| PORTUGUESE OTS 1.95% 19-15/06/2029 | 345,708.87 | 117.34 | EUR | 409,432.41 | 8.17 |
| SPANISH GOVT 1.4% 18-30/04/2028 | 785,000.00 | 111.87 | EUR | 885,675.52 | 17.68 |
| SPANISH GOVT 2.7% 18-31/10/2048 | 149,000.00 | 146.99 | EUR | 219,735.29 | 4.39 |
| STATE OF ISRAEL 3.375% 20-15/01/2050 | 210,000.00 | 110.83 | USD | 192,951.61 | 3.85 |
| Titres de créances |  |  |  | 1,146,729.01 | 22.89 |
| Négociés sur un marché réglementé ou assimilé |  |  |  | 1,146,729.01 | 22.89 |
| Titres de Créances Négociables |  |  |  | 500,615.22 | 9.99 |
| FRENCH BTF 0% 20-10/03/2021 | 500,000.00 | 100.12 | EUR | 500,615.22 | 9.99 |
| Autres Titres de Créances |  |  |  | 646,113.79 | 12.90 |
| ROMANIA 3.875% 15-29/10/2035 | 100,000.00 | 122.61 | EUR | 123,331.30 | 2.46 |
| SPANISH GOVT 0.6% 19-31/10/2029 | 493,000.00 | 105.93 | EUR | 522,782.49 | 10.43 |
| Titres d'OPC |  |  |  | 645,827.76 | 12.89 |
| OPCVM et FIA à vocation générale destinés aux non professionnels et équivalents d´autres pays Etats membres de l´Union européenne | 645,827.76 | 12.89 |
| LF TRESORERIE ISR PART I | 6.00 | 107,637.96 | EUR | 645,827.76 | 12.89 |
| Instruments financiers à terme |  |  |  | -12,119.04 | -0.24 |
| Futures |  |  |  | 3,593.31 | 0.07 |
| EURO-BTP FUTURE 08/03/2021 | 3.00 | 152.01 | EUR | 4,110.00 | 0.08 |
| EURO-BUND FUTURE 08/03/2021 | 2.00 | 177.64 | EUR | 1,920.00 | 0.04 |
| EURO BUXL 30Y BONDS 08/03/2021 | -1.00 | 225.24 | EUR | -3,420.00 | -0.07 |
| ULTRA LONG TERM US TRS BD FUT 22/03/2021 | -1.00 | 213.56 | USD | 983.31 | 0.02 |
| Appels de marge |  |  |  | -3,593.31 | -0.07 |
| Swap de taux |  |  |  | -12,119.04 | -0.24 |
| IRS8 | -267,000.00 | - | EUR | -12,119.04 | -0.24 |
| Créances |  |  |  | 84,350.08 | 1.68 |
| Dettes |  |  |  | -16,158.21 | -0.32 |
| Dépôts |  |  |  | - | - |
| Autres comptes financiers |  |  |  | 295,792.09 | 5.90 |
| TOTAL ACTIF NET |  |  | EUR | 5,010,206.21 | 100.00 |