# HOLDINGS: % OF PORTFOLIO
Main Holdings (%)
by Country (%)
Against Benchmark
| FED REPUBLIC OF BRAZIL 4.75 PCT 14-JAN-2050 | 2.80 |
| --- | --- |
| BAHRAIN (KINGDOM OF) 7.50 PCT 20-SEP-2047 | 2.76 |
| ARGENTINA REPUBLIC OF GOVERNMENT 1.13 | 1.61 |
| COTE D IVOIRE (REPUBLIC OF) 4.88 PCT | 1.29 |
| PETRONAS CAPITAL LTD. 7.88 PCT 22-MAY-2022 | 1.21 |
| SOUTH AFRICA (REPUBLIC OF) 5.75 PCT | 1.08 |
| MEDCO BELL PTE LTD 6.38 PCT 30-JAN-2027 | 1.06 |
| INDONESIA (REPUBLIC OF) 7.75 PCT 17-JAN-2038 | 0.97 |
| BOLIVIA PLURINATIONAL STATE OF 4.50 PCT | 0.97 |
| PHILIPPINES (REPUBLIC OF) 9.50 PCT | 0.95 |
| No. of Holdings in Portfolio | 322 |

| China | 8.16 | + 3.41 |
| --- | --- | --- |
| Bahrain | 5.09 | + 2.25 |
| Brazil | 5.09 | + 1.89 |
| Mexico | 5.03 | - 0.17 |
| Indonesia | 4.25 | - 0.62 |
| Dominican Republic | 3.67 | + 0.95 |
| Philippines | 3.04 | - 0.14 |
| Egypt | 2.90 | + 0.37 |
| Colombia | 2.75 | + 0.01 |
| Panama | 2.55 | - 0.38 |
| Forex contracts | -0.50 | - 0.50 |
| Other | 52.62 | - 12.43 |
| Cash | 5.36 | + 5.36 |
| Total | 100.00 |  |

by Rating (%)
by Currency (%)
Against Benchmark
| A- | 4.06 |
| --- | --- |
| BBB | 13.99 |
| BBB- | 6.02 |
| BB+ | 6.11 |
| BB- | 18.96 |
| B+ | 10.00 |
| B | 8.47 |
| B- | 9.36 |
| CCC | 2.79 |
| Other | 14.31 |
| Not rated | 1.07 |
| Forex contracts | -0.50 |
| Cash | 5.36 |
| Total | 100.00 |

| USD | 99.91 | - 0.09 |
| --- | --- | --- |
| GBP | 0.24 | + 0.24 |
| PLN | - | - 0.00 |
| AUD | - | - 0.00 |
| EUR | -0.15 | - 0.15 |
| Total | 100.00 |  |

Source of data: BNP Paribas Asset Management, as at 28.02.2022
Sources: Fitch, Moody’s, S&P. Ratings lower than BBB- refer to high-yield or speculative-grade bonds.
The above mentioned securities are for illustrative purpose only and do not constitute any investment recommendation.

Translation (ENFR, 2022-02-28):
# POSITIONS : % DU PORTEFEUILLE
Principales positions
| FED REPUBLIC OF BRAZIL 4.75 PCT 14-JAN-2050 | 2,80 |
| --- | --- |
| BAHRAIN (KINGDOM OF) 7.50 PCT 20-SEP-2047 | 2,76 |
| ARGENTINA REPUBLIC OF GOVERNMENT 1.13 | 1,61 |
| COTE D IVOIRE (REPUBLIC OF) 4.88 PCT | 1,29 |
| PETRONAS CAPITAL LTD. 7.88 PCT 22-MAY-2022 | 1,21 |
| SOUTH AFRICA (REPUBLIC OF) 5.75 PCT | 1,08 |
| MEDCO BELL PTE LTD 6.38 PCT 30-JAN-2027 | 1,06 |
| INDONESIA (REPUBLIC OF) 7.75 PCT 17-JAN-2038 | 0,97 |
| BOLIVIA PLURINATIONAL STATE OF 4.50 PCT | 0,97 |
| PHILIPPINES (REPUBLIC OF) 9.50 PCT | 0,95 |
| Nb de positions dans le portefeuille | 322 |

par Notation
par Pays	Contre l'Indice
| Chine | 8,16 | + 3,41 |
| --- | --- | --- |
| Bahreïn | 5,09 | + 2,25 |
| Brésil | 5,09 | + 1,89 |
| Mexique | 5,03 | - 0,17 |
| Indonésie | 4,25 | - 0,62 |
| République dominicaine | 3,67 | + 0,95 |
| Philippines | 3,04 | - 0,14 |
| Égypte | 2,90 | + 0,37 |
| Colombie | 2,75 | + 0,01 |
| Panama | 2,55 | - 0,38 |
| Contrats de change | -0,50 | - 0,50 |
| Autres | 52,62 | - 12,43 |
| Liquidités | 5,36 | + 5,36 |
| Total | 100,00 |  |

par Devise	Contre l'Indice
| A- | 4,06 |
| --- | --- |
| BBB | 13,99 |
| BBB- | 6,02 |
| BB+ | 6,11 |
| BB- | 18,96 |
| B+ | 10,00 |
| B | 8,47 |
| B- | 9,36 |
| CCC | 2,79 |
| Autres | 14,31 |
| Non noté | 1,07 |
| Contrats de change | -0,50 |
| Liquidités | 5,36 |
| Total | 100,00 |

| USD | 99,91 | - 0,09 |
| --- | --- | --- |
| GBP | 0,24 | + 0,24 |
| PLN | - | - 0,00 |
| AUD | - | - 0,00 |
| EUR | -0,15 | - 0,15 |
| Total | 100,00 |  |

Source : BNP Paribas Asset Management, en date du 28.02.2022
Sources : Fitch, Moody's, S&P. Les notations < BBB- correspondent à la catégorie de titres à haut rendement ou titres spéculatifs
Les titres ci-dessus sont mentionnés à titre d’information uniquement et ne doivent pas être considérés comme une recommandation d’investissement.