# Asset breakdown - by JPM sector
## In % of total economic exposure

## in %	
Portfolio 
| AA+	-5.45 |  |  |
| --- | --- | --- |
| AA	0.26 |  |
| AA-	1.03 |  |
| A+	3.71 |  |  |
| A	11.08 |  |  |
| A-	10.75 |  |  |
| BBB+	8.88 |  |  |
| BBB	20.40 |  |  |
| BBB-	49.08 |  |  |
| BB	0.26 |  |

| Financials	30.07 |  |  |
| --- | --- | --- |
| Oil & Gas	15.22 |  |  |
| TMT	10.71 |  |  |
| Utilities	9.82 |  |  |
| Real Estate	7.89 |  |  |
| Metals & Mining	6.61 |  |  |
| Industrial	6.58 |  |  |
| Cash and Cash	5.80 Equivalents |  |
|  |  |
|  |
| Consumer	4.46 |  |  |
| Pulp & Paper	4.28 |  |  |
| Quasi-Sovereign	2.70 |  |  |
| Others	-4.15 |  |  |

| Top 10 positions |  |
| --- | --- |
| In % of total economic exposure |
| Instrument Name | ISIN | Coupon p.a. | Maturity date | Weight |
| GULF INTERNATIONAL BANK BSC | XS2233151195 | 2.38% | 23.09.2025 | 1.78% |
| SAUDI ARABIAN OIL CO | XS1982113463 | 4.25% | 16.04.2039 | 1.76% |
| CBQ FINANCE LTD | XS2230306537 | 2.00% | 15.09.2025 | 1.74% |
| MEGLOBAL CANADA ULC | XS2150023906 | 5.00% | 18.05.2025 | 1.70% |
| GAZPROM PJSC | XS2363250833 | 3.50% | 14.07.2031 | 1.57% |
| GAZPROM PJSC VIA GAZ FINANCE PLC | XS2291819980 | 2.95% | 27.01.2029 | 1.23% |
| QNB FINANCE LTD | XS2287744218 | 1.38% | 26.01.2026 | 1.23% |
| QNB FINANCE LTD | XS2114850949 | 2.75% | 12.02.2027 | 1.17% |
| SUZANO AUSTRIA GMBH | US86964WAF95 | 6.00% | 15.01.2029 | 1.17% |
| INDUSTRIAS PENOLES SAB DE CV | USP55409AA77 | 4.15% | 12.09.2029 | 1.16% |

| Top 10 issuers |  |
| --- | --- |
| In % of total economic exposure |
|  | in % |
| SAUDI ARABIAN OIL CO | 3.80 |
| QNB FINANCE LTD | 3.43 |
| GAZ FINANCE PLC | 3.31 |
| CBQ FINANCE LTD | 3.01 |
| BOC AVIATION LTD | 2.17 |
| SUZANO AUSTRIA GMBH | 1.98 |
| FIDEICOMISO FIBRA UNO BANCO ACTINVER SA INSTITUCION DE BANCA MUL | 1.94 |
| GULF INTERNATIONAL BANK BSC | 1.87 |
| PROSUS NV | 1.85 |
| COUNTRY GARDEN HOLDINGS CO LTD | 1.82 |

Translation (ENFR, 2021-12-31):
# Répartition des actifs - par Secteur JPM
en % de l’exposition économique totale
en %	
Portefeuille 
| AA+	-5.45 |  |  |
| --- | --- | --- |
| AA	0.26 |  |
| AA-	1.03 |  |
| A+	3.71 |  |  |
| A	11.08 |  |  |
| A-	10.75 |  |  |
| BBB+	8.88 |  |  |
| BBB	20.40 |  |  |
| BBB-	49.08 |  |  |
| BB	0.26 |  |

| Financiers | 30.07 |
| --- | --- |
| Pétrole et gaz | 15.22 |
| TMT | 10.71 |

| 10 plus larges positions |  |
| --- | --- |
| en % de l’exposition économique totale |
| Nom de l’instrument | ISIN | Coupon par an | Date d'échéance | Pondération |
| GULF INTERNATIONAL BANK BSC | XS2233151195 | 2.38% | 23.09.2025 | 1.78% |
| SAUDI ARABIAN OIL CO | XS1982113463 | 4.25% | 16.04.2039 | 1.76% |
| CBQ FINANCE LTD | XS2230306537 | 2.00% | 15.09.2025 | 1.74% |
| MEGLOBAL CANADA ULC | XS2150023906 | 5.00% | 18.05.2025 | 1.70% |
| GAZPROM PJSC | XS2363250833 | 3.50% | 14.07.2031 | 1.57% |
| GAZPROM PJSC VIA GAZ FINANCE PLC | XS2291819980 | 2.95% | 27.01.2029 | 1.23% |
| QNB FINANCE LTD | XS2287744218 | 1.38% | 26.01.2026 | 1.23% |
| QNB FINANCE LTD | XS2114850949 | 2.75% | 12.02.2027 | 1.17% |
| SUZANO AUSTRIA GMBH | US86964WAF95 | 6.00% | 15.01.2029 | 1.17% |
| INDUSTRIAS PENOLES SAB DE CV | USP55409AA77 | 4.15% | 12.09.2029 | 1.16% |
|  |  |  |  |  |
| 10 plus larges émetteurs en % de l’exposition économique totale |  |  |  | en % |
| SAUDI ARABIAN OIL CO |  |  |  | 3.80 |
| QNB FINANCE LTD |  |  |  | 3.43 |
| GAZ FINANCE PLC |  |  |  | 3.31 |
| CBQ FINANCE LTD |  |  |  | 3.01 |
| BOC AVIATION LTD |  |  |  | 2.17 |
| SUZANO AUSTRIA GMBH |  |  |  | 1.98 |
| FIDEICOMISO FIBRA UNO BANCO ACTINVER SA INSTITUCION DE BANCA MUL |  |  |  | 1.94 |
| GULF INTERNATIONAL BANK BSC |  |  |  | 1.87 |
| PROSUS NV |  |  |  | 1.85 |
| COUNTRY GARDEN HOLDINGS CO LTD |  |  |  | 1.82 |