OVHaiLLM/Flipper huggingface dataset:
| Portfolio Analysis |  |
| --- | --- |
| Fund Key Metrics |
|  | Portfolio |  |  | Portfolio |
| Cash (%) | 1.48 |  | Option Adjusted Spread | 230 |
| Number of Holdings | 232 |  | Average Coupon (%) | 5.86 |
| Number of Issuers | 143 |  | Current yield (%) | 5.53 |
| Years to Maturity | 3.99 |  | Yield To Worst (%) | 2.45 |
| Modified duration to worst | 0.88 |  | Yield to maturity (%) | 4.32 |
| Sector Breakdown (%) |  |  |  |  |
|  |  |  |  | Portfolio |
| Services |  |  |  | 12.96 |
| Media |  |  |  | 11.08 |
| Capital Goods |  |  |  | 9.76 |
| Healthcare |  |  |  | 8.29 |
| Technology & Electronics |  |  |  | 7.73 |
| Telecommunications |  |  |  | 7.57 |
| Consumer Goods |  |  |  | 6.79 |
| Basic Industry |  |  |  | 6.70 |
| Real Estate |  |  |  | 6.36 |
| Financial Services |  |  |  | 5.43 |
| Retail |  |  |  | 4.98 |
| Energy |  |  |  | 4.23 |
| Leisure |  |  |  | 3.14 |
| Not Classified |  |  |  | 1.89 |
| Transportation |  |  |  | 1.38 |
| Automotive |  |  |  | 0.24 |
| Cash |  |  |  | 1.48 |

Translation (ENFR, 2021-06-30):
| Analyse du portefeuille |  |
| --- | --- |
| Caractéristiques du portefeuille |
|  | Portefeuille |  |  | Portefeuille |
| Cash (%) | 1.48 |  | Option adjusted spread | 230 |
| Nombre de lignes | 232 |  | Coupon moyen (%) | 5.86 |
| Nombre d'émetteurs | 143 |  | Current yield (%) | 5.53 |
| Years to Maturity | 3.99 |  | Yield to worst (%) | 2.45 |
| Modified duration to worst | 0.88 |  | Yield to maturity (%) | 4.32 |
| Exposition sectorielle (%) |  |  |  |  |
|  |  |  |  | Portefeuille |
| Services |  |  |  | 12.96 |
| Médias |  |  |  | 11.08 |
| Biens d’équip. |  |  |  | 9.76 |
| Sante |  |  |  | 8.29 |
| Tech. & Elec. |  |  |  | 7.73 |
| Télécom. |  |  |  | 7.57 |
| Biens de consommation |  |  |  | 6.79 |
| Industrie |  |  |  | 6.70 |
| Immobilier |  |  |  | 6.36 |
| Services Financiers |  |  |  | 5.43 |
| Produits de détail |  |  |  | 4.98 |
| Energie |  |  |  | 4.23 |
| Loisirs |  |  |  | 3.14 |
| Non Classé |  |  |  | 1.89 |
| Transport |  |  |  | 1.38 |
| Automobile |  |  |  | 0.24 |
| Cash |  |  |  | 1.48 |
| Top 10 Holdings |  |
| --- | --- |
| Issuer | Coupon rate | Maturity | Sector | Modified duration to worst | Rating | Weight |
| B&G FOODS INC | 5.250 | 01/04/25 | Consumer Goods | 0.74 | B | 1.32% |
| GRAY TELEVISION INC | 5.875 | 15/07/26 | Media | 0.08 | B | 1.22% |
| STERICYCLE INC | 5.375 | 15/07/24 | Services | 0.04 | BB | 1.22% |
| VERSCEND ESCROW CORP | 9.750 | 15/08/26 | Healthcare | 0.12 | CCC | 1.17% |
| CINCINNATI BELL INC | 8.000 | 15/10/25 | Telecommunications | 0.29 | CCC | 1.13% |
| HERBALIFE/HLF FINANCING | 7.875 | 01/09/25 | Consumer Goods | 1.11 | B | 1.06% |
| WESCO DISTRIBUTION INC | 7.125 | 15/06/25 | Services | 0.94 | BB | 1.06% |
| PQ CORP | 5.750 | 15/12/25 | Basic Industry | 0.45 | B | 1.05% |
| IRB HOLDING CORP | 6.750 | 15/02/26 | Retail | 0.61 | CCC | 1.03% |
| MAUSER PACKAGING SOLUT | 5.500 | 15/04/24 | Capital Goods | 0.78 | B | 1.03% |

Translation (ENFR, 2021-06-30):
| 10 principaux titres |  |
| --- | --- |
| Emetteur | Coupon | Maturité | Secteur | Modified duration to worst | Rating | Poids |
| B&G FOODS INC | 5.250 | 01/04/25 | Biens de consommation | 0.74 | B | 1.32% |
| GRAY TELEVISION INC | 5.875 | 15/07/26 | Médias | 0.08 | B | 1.22% |
| STERICYCLE INC | 5.375 | 15/07/24 | Services | 0.04 | BB | 1.22% |
| VERSCEND ESCROW CORP | 9.750 | 15/08/26 | Sante | 0.12 | CCC | 1.17% |
| CINCINNATI BELL INC | 8.000 | 15/10/25 | Télécom. | 0.29 | CCC | 1.13% |
| HERBALIFE/HLF FINANCING | 7.875 | 01/09/25 | Biens de consommation | 1.11 | B | 1.06% |
| WESCO DISTRIBUTION INC | 7.125 | 15/06/25 | Services | 0.94 | BB | 1.06% |
| PQ CORP | 5.750 | 15/12/25 | Industrie | 0.45 | B | 1.05% |
| IRB HOLDING CORP | 6.750 | 15/02/26 | Produits de détail | 0.61 | CCC | 1.03% |
| MAUSER PACKAGING SOLUT | 5.500 | 15/04/24 | Biens d’équip. | 0.78 | B | 1.03% |
| Geographical Breakdown (%) |  |
| --- | --- |
|  | Portfolio |
| United States | 87.57 |
| Canada | 2.77 |
| United Kingdom | 1.39 |
| Ireland | 1.39 |
| Arab Emirates | 1.07 |
| Other | 4.33 |
| Cash | 1.48 |

Translation (ENFR, 2021-06-30):
| Exposition géographique (%) |  |
| --- | --- |
|  | Portefeuille |
| Etats-Unis | 87.57 |
| Canada | 2.77 |
| Royaume-Uni | 1.39 |
| Irlande | 1.39 |
| Emirats Arabes | 1.07 |
| Autres | 4.33 |
| Cash | 1.48 |
# Objective and investment strategy
Management company
AXA Rosenberg Management Ireland
Limited
The aim of the Sub-Fund is to provide long-term capital growth above that
(Sub) Financial delegation	AXA Investment Managers UK Limited
of the MSCI EMU Index on a rolling three year basis.
The MSCI EMU Index is designed to measure the performance of the shares of companies listed on stock exchanges of developed countries within  the  Eurozone.  The  index's  composition  is  available  on
Delegation of account administration
Custodian
State Street Fund Services (Ireland)
Limited
State Street Custodial Services (Ireland)
Limited
www.msci.com.

Translation (ENFR, 2018-08-31):
# Objectif et stratégie d’investissement
L’objectif de ce Compartiment est de fournir une croissance à long terme
Souscription Initiale min.	5 000 EUR
Souscription suivantes min.		2 000 EUR AXA Rosenberg Management Ireland
du capital supérieure à celle de l’indice MSCI EMU sur une période de
Société de gestion
Limited
trois ans glissants.
L’indice MSCI EMU est conçu pour mesurer la performance des actions
(Sous) Délégation fin.	AXA Investment Managers UK Limited State Street Fund Services (Ireland)
de sociétés cotées sur les bourses de sociétés de pays développés
situés dans la zone euro. La composition de l’indice est disponible sur www.msci.com.
Délégation comptable
Dépositaire
Limited
State Street Custodial Services (Ireland)
Limited
# AXA WF ACT Social Progress A USD
Key Figures (USD)*
Fund Cumulative Performance (%)
Current NAV

## Benchmark
Since: 28/02/2017
| YTD | 1Y | 3Y | 10Y | Launch |  | Acc. | 100% MSCI AC World Total Return Net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| -14.26 | -8.37 | +20.62 | - | +43.83 |  | 143.83 |  |
|  |  |  |  |  |  |  | Fund Key Metrics |
| Fund Annualized Performance (%)	Assets Under Management (M)	Port.	Bench. |
| 3 Y. | 5 Y. | 10 Y. | Launch |  | USD |  | Number of Holdings | 54 | 2959 |
| +6.44 | +7.54 | - | +7.54 |  | 323.07 |  | Turnover: Rolling 1Y (%) | 110 | - |
|  |  |  |  |  |  |  | Active Share (%) | 98 | - |

Translation (ENFR, 2022-02-28):
# AXA WF ACT Social Progress A USD
Chiffres clés (USD)*
Performances cumulées du fonds (%) YTD	1 an	3 ans	10 ans  Création

### -14.26	-8.37	+20.62	-	+43.83
Performances annualisées du fonds (%) 3 ans	5 ans	10 ans	Création
+6.44	+7.54	-	+7.54
## Securities Exposure by geographical area (%)
Portfolio	Benchmark
USA	46.60	60.61
United Kingdom	12.41	3.83
India	6.34	1.42
South Africa	3.98	0.43
Australia	3.97	1.84
Japan	3.91	5.62
Germany	3.62	2.11
China	2.61	3.66
Indonesia	2.35	0.19
Hong Kong	2.27	0.72
France	1.95	2.85
Ireland	1.90	0.16
Other	4.47	16.56
Cash	3.60	0.00

Translation (ENFR, 2022-02-28):
## Exposition Actions par zone géographique (%)
Portefeuille	Indice de réference
Etats-Unis	46.60	60.61
Royaume-Uni	12.41	3.83
Inde	6.34	1.42
Afrique du Sud	3.98	0.43
Australie	3.97	1.84
Japon	3.91	5.62
Allemagne	3.62	2.11
Chine	2.61	3.66
Indonesie	2.35	0.19
Hong-Kong	2.27	0.72
France	1.95	2.85
Irlande	1.90	0.16
Autres	4.47	16.56
Monétaire	3.60	0.00
| Risk Analysis |  |
| --- | --- |
|  | 1Y | 3Y | 5Y | Launch |
| Portfolio Volatility* (%) | 3.06 | 3.96 | 3.89 | 4.05 |
| Benchmark Volatility (%) | 5.18 | 5.62 | 5.06 | 4.99 |
| Relative Risk/Tracking Error  (%) | 5.11 | 5.71 | 5.97 | 6.47 |
| Sharpe Ratio | 3.52 | 0.62 | 0.55 | 0.11 |
| Information Ratio | 1.35 | -0.59 | -0.16 | -0.60 |

Translation (ENFR, 2021-09-30):
| Analyse du risque |  |
| --- | --- |
|  | 1 an | 3 ans | 5 ans | Création |
| Volatilité du portefeuille* (%) | 3.06 | 3.96 | 3.89 | 4.05 |
| Volatilité de l'indice de référence (%) | 5.18 | 5.62 | 5.06 | 4.99 |
| Risque relatif/Tracking Error  (%) | 5.11 | 5.71 | 5.97 | 6.47 |
| Ratio de Sharpe | 3.52 | 0.62 | 0.55 | 0.11 |
| Ratio d'information | 1.35 | -0.59 | -0.16 | -0.60 |
# Objective and investment strategy
The Sub-Fund seeks performance measured in USD by investing mainly in
Minimum subsequent
subscription	1 000 000 EUR
AXA Funds Management SA
listed equities and debt securities issued in the global real estate market
Management company
(Luxembourg)
universe.
The Share Class aims at hedging the foreign exchange risk resulting from the divergence between the reference currency of the Sub-Fund and the currency of this Share Class by using derivatives instruments whilst retaining the exposure to Investment Policy described above.

Translation (ENFR, 2018-08-31):
# Objectif et stratégie d’investissement
L’objectif du Compartiment est de réaliser des plus-values en investissant principalement dans des actions et des obligations émises par des
Commission de performance :
Souscription Initiale min.	5 000 000 EUR
Souscription suivantes min.		1 000 000 EUR AXA Funds Management SA
sociétés opérant sur le marché immobilier mondial. La performance du
Compartiment est mesurée en USD.
Société de gestion
(Luxembourg)
La Classe d'actions vise à couvrir le risque de change découlant de l'écart entre la devise de référence du compartiment et la devise de cette Classe d'actions en utilisant des instruments dérivés tout en conservant la politique d'investissement décrite ci-dessus.
# AXA WF Euro Sustainable Credit A EUR
Key Figures (EUR)*
Fund Cumulative Performance (%)
Current NAV

## Benchmark
Since: 17/12/2012
100% ICE BofA Euro Corporate 1-10 Yrs
| YTD | 1Y | 3Y | 10Y | Launch |  | Acc. | Inc. |
| --- | --- | --- | --- | --- | --- | --- | --- |
| -0.84 | +3.98 | +6.05 | +34.94 | +61.70 |  | 161.33 | 123.14 |

Fund Annualized Performance (%)
3 Y.	5 Y.	10 Y.	Launch
+1.97	+1.57	+3.04	+3.81

Translation (ENFR, 2021-05-31):
# AXA WF Euro Sustainable Credit A EUR
Chiffres clés (EUR)*
Performances cumulées du fonds (%) YTD	1 an	3 ans	10 ans  Création

### -0.84	+3.98	+6.05	+34.94	+61.70
Performances annualisées du fonds (%) 3 ans	5 ans	10 ans	Création
+1.97	+1.57	+3.04	+3.81
# AXA WF Framlington Global Real Estate Securities A USD
Key Figures (USD)*

## Benchmark
Fund Cumulative Performance (%)
Current NAV
Since: 04/09/2012
| YTD | 1Y | 3Y | 10Y | Launch |  | Acc. | 100% FTSE EPRA NAREIT Develope Return Net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| +13.73 | +24.00 | +22.88 | - | +72.32 |  | 172.32 |  |
|  |  |  |  |  |  |  | Fund Key Metrics |
| Fund Annualized Performance (%)	Assets Under Management (M) |  |

d Total
3 Y.	5 Y.	10 Y.	Launch
+7.09	+5.22	-	+6.18

Translation (ENFR, 2021-09-30):
# AXA WF Framlington Global Real Estate Securities A USD
Chiffres clés (USD)*

## Indice de réference
Performances cumulées du fonds (%) YTD	1 an	3 ans	10 ans  Création

### +13.73	+24.00	+22.88	-	+72.32
Performances annualisées du fonds (%) 3 ans	5 ans	10 ans	Création
+7.09	+5.22	-	+6.18
# Maturity Breakdown (%)
80
60
40
20
0	Cash	0-1 year	1-3 years	3-5 years
Portfolio	1.10	12.83	74.42	11.64
| Top 10 Holdings |  |
| --- | --- |
| Issuer | Coupon rate | Maturity | Sector | Modified duration to worst | Rating | Weight (%) |
| FIFTH THIRD BANCORP | 3.650 | 25/01/24 | Banking | 0.97 | BBB | 2.04 |
| CHARLES SCHWAB CORP | 4.647 | 13/05/26 | Brokerage | 0.04 | A | 1.94 |
| STATE STREET CORP | 2.354 | 01/11/25 | Banking | 1.71 | A | 1.90 |
| GENERAL MOTORS FINL CO | 6.050 | 10/10/25 | Consumer Cyclical | 2.48 | BBB | 1.80 |
| BANK OF NY MELLON CORP | 4.414 | 24/07/26 | Banking | 2.37 | A | 1.76 |
| TRUIST FINANCIAL CORP | 4.260 | 28/07/26 | Banking | 2.39 | A | 1.75 |
| JPMORGAN CHASE & CO | 3.845 | 14/06/25 | Banking | 1.34 | A | 1.42 |
| BOARDWALK PIPELINES LP | 4.950 | 15/12/24 | Energy | 1.80 | BBB | 1.42 |
| MORGAN STANLEY | 4.679 | 17/07/26 | Banking | 2.35 | A | 1.37 |
| ABBVIE INC | 3.600 | 14/05/25 | Consumer Non-Cyclical | 2.20 | BBB | 1.35 |
| Total (%) |  |  |  |  |  | 16.75 |

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.

Translation (ENFR, 2023-01-31):
# Exposition par maturité (%)
80
60
40
20
0	Cash	0-1 an	1-3 ans	3-5 ans
Portefeuille	1.10	12.83	74.42	11.64
| 10 principaux titres |  |
| --- | --- |
| Emetteur | Coupon | Maturité Secteur | Modified duration to worst | Rating | Ponderation (%) |
| FIFTH THIRD BANCORP | 3.650 | 25/01/24 Banque | 0.97 | BBB | 2.04 |
| CHARLES SCHWAB CORP | 4.647 | 13/05/26 Courtage | 0.04 | A | 1.94 |
| STATE STREET CORP | 2.354 | 01/11/25 Banque | 1.71 | A | 1.90 |
| GENERAL MOTORS FINL CO | 6.050 | 10/10/25 Consommation cyclique | 2.48 | BBB | 1.80 |
| BANK OF NY MELLON CORP | 4.414 | 24/07/26 Banque | 2.37 | A | 1.76 |
| TRUIST FINANCIAL CORP | 4.260 | 28/07/26 Banque | 2.39 | A | 1.75 |
| JPMORGAN CHASE & CO | 3.845 | 14/06/25 Banque | 1.34 | A | 1.42 |
| BOARDWALK PIPELINES LP | 4.950 | 15/12/24 Énergie | 1.80 | BBB | 1.42 |
| MORGAN STANLEY | 4.679 | 17/07/26 Banque | 2.35 | A | 1.37 |
| ABBVIE INC | 3.600 | 14/05/25 Consommation non cyclique | 2.20 | BBB | 1.35 |
| Total (%) |  |  |  |  | 16.75 |

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.
## Active Exposure by Sector (%)
-3	-2	-1	0	1	2	3	4
Information Technology	27.27	23.67
Financials	15.92	13.17
Health Care	12.62	12.62
Consumer Discretionary	11.39	12.26
Industrials	10.51	10.21
Consumer Staples	6.63	6.95
Communication Services	6.47	8.31
Materials	4.44	4.17
Energy	2.27	3.14
Real Estate	1.27	2.78
Utilities	0.12	2.74
Cash	1.09	0.00

Translation (ENFR, 2021-12-30):
## Exposition sectorielle active (%)
-3	-2	-1	0	1	2	3	4
Technologie	27.27	23.67
Finance	15.92	13.17
Santé	12.62	12.62
Biens de conso. Cycliques	11.39	12.26
Industrie	10.51	10.21
Biens de conso. de base	6.63	6.95
Services de Communication	6.47	8.31
Matériaux	4.44	4.17
Energie	2.27	3.14
Immobilier	1.27	2.78
Services aux collectivités	0.12	2.74
Monétaire	1.09	0.00
| YTD | 1Y | 3Y | 10Y	Launch |  | Acc. | Inc. | The Fund is actively managed with deviation |
| --- | --- | --- | --- | --- | --- | --- | --- |
| -35.79 | -34.75 | -25.22 | +65.77  +945.26 |  | 213.85 | 164.26 | expected in term of constitution and |
|  |  |  |  |  |  |  | performance compared to benchmark that is |
|  |  |  |  |  |  |  | likely to be significant. |

Translation (ENFR, 2022-11-30):
| YTD | 1 an | 3 ans | 10 ans  Création |  | Cap. | Dis. | Le fonds est géré de manière active avec une |
| --- | --- | --- | --- | --- | --- | --- | --- |
| -35.79 | -34.75 | -25.22 | +65.77  +945.26 |  | 213.85 | 164.26 | déviation qui pourra être importante en |
|  |  |  |  |  |  |  | termes de constitution et performance |
|  |  |  |  |  |  |  | comparée à l’indice de référence. |
|  | Record Date | Ex-Date | Dividend per Share | 12 month Yield (%) |
| --- | --- | --- | --- | --- |
| Dec 2017 | 28/12/2017 | 29/12/2017 | 4.04 | 2.03 |
| Dec 2018 | 27/12/2018 | 28/12/2018 | 3.89 | 2.19 |
| Dec 2019 | 27/12/2019 | 30/12/2019 | 4.11 | 1.77 |
| Dec 2020 | 29/12/2020 | 30/12/2020 | 3.16 | 1.49 |
| Dec 2021 | 29/12/2021 | 30/12/2021 | 2.61 | 1.02 |

Translation (ENFR, 2022-11-30):
|  | Date d’enregistrement | Date de détachement du dividende | Dividende par part | Rendement sur 12 mois |
| --- | --- | --- | --- | --- |
| Dec 2017 | 28/12/2017 | 29/12/2017 | 4.04 | 2.03 |
| Dec 2018 | 27/12/2018 | 28/12/2018 | 3.89 | 2.19 |
| Dec 2019 | 27/12/2019 | 30/12/2019 | 4.11 | 1.77 |
| Dec 2020 | 29/12/2020 | 30/12/2020 | 3.16 | 1.49 |
| Dec 2021 | 29/12/2021 | 30/12/2021 | 2.61 | 1.02 |
| Top 10 Holdings |  |
| --- | --- |
| Equity |  |  | Weighting (%) | Sector | Geography |
|  | Portfolio | Benchmark | Relative |  |  |
| Segro PLC | 6.65 | 6.22 | 0.44 | Real Estate | United Kingdom |
| Vonovia SE | 5.58 | 10.05 | -4.47 | Real Estate | Germany |
| British Land Co PLC | 5.12 | 2.39 | 2.73 | Real Estate | United Kingdom |
| LEG Immobilien SE | 4.59 | 2.55 | 2.05 | Real Estate | Germany |
| Psp Swiss Property AG | 4.57 | 2.58 | 1.99 | Real Estate | Switzerland |
| Safestore Holdings Plc | 4.06 | 1.22 | 2.84 | Real Estate | United Kingdom |
| Klepierre SA | 4.03 | 2.33 | 1.70 | Real Estate | France |
| UNITE Group PLC | 3.90 | 1.93 | 1.97 | Real Estate | United Kingdom |
| Aedifica SA | 3.61 | 1.69 | 1.92 | Real Estate | Belgium |
| Land Securities Group PLC | 3.54 | 2.87 | 0.67 | Real Estate | United Kingdom |
| Total (%) | 45.65 | 33.82 |  |  |  |

Translation (ENFR, 2022-11-30):
| 10 principaux titres |  |
| --- | --- |
| Action |  |  | Pondération (%) | Secteur | Géographie |
|  | Portefeuille | Indice de réference | Relative |  |  |
| Segro PLC | 6.65 | 6.22 | 0.44 | Immobilier | Royaume-Uni |
| Vonovia SE | 5.58 | 10.05 | -4.47 | Immobilier | Allemagne |
| British Land Co PLC | 5.12 | 2.39 | 2.73 | Immobilier | Royaume-Uni |
| LEG Immobilien SE | 4.59 | 2.55 | 2.05 | Immobilier | Allemagne |
| Psp Swiss Property AG | 4.57 | 2.58 | 1.99 | Immobilier | Suisse |
| Safestore Holdings Plc | 4.06 | 1.22 | 2.84 | Immobilier | Royaume-Uni |
| Klepierre SA | 4.03 | 2.33 | 1.70 | Immobilier | France |
| UNITE Group PLC | 3.90 | 1.93 | 1.97 | Immobilier | Royaume-Uni |
| Aedifica SA | 3.61 | 1.69 | 1.92 | Immobilier | Belgique |
| Land Securities Group PLC | 3.54 | 2.87 | 0.67 | Immobilier | Royaume-Uni |
| Total (%) | 45.65 | 33.82 |  |  |  |
| Top 10 Holdings |  |
| --- | --- |
| Issuer | Coupon rate | Maturity | Sector | Modified duration to worst | Rating | Weight |
| EMC CORP | 3.375 | 01/06/23 | Technology & Electronics | 1.63 | BB | 2.80% |
| HCA INC | 5.875 | 01/05/23 | Healthcare | 1.75 | BB | 2.78% |
| COMMERCIAL METALS CO | 4.875 | 15/05/23 | Basic Industry | 1.57 | BB | 2.70% |
| SIRIUS XM RADIO INC | 4.625 | 15/07/24 | Media | 0.08 | BB | 2.65% |
| SENSATA TECHNOLOGIES BV | 4.875 | 15/10/23 | Technology & Electronics | 2.18 | BB | 2.57% |
| LUMEN TECHNOLOGIES INC | 5.800 | 15/03/22 | Telecommunications | 0.69 | BB | 2.48% |
| CCO HLDGS LLC/CAP CORP | 4.000 | 01/03/23 | Media | 0.33 | BB | 2.46% |
| ICAHN ENTERPRISES/FIN | 4.750 | 15/09/24 | Financial Services | 2.76 | BB | 2.29% |
| COMMSCOPE INC | 5.500 | 01/03/24 | Technology & Electronics | 0.03 | B | 2.28% |
| SEAGATE HDD CAYMAN | 4.750 | 01/06/23 | Technology & Electronics | 1.85 | BB | 2.17% |

Translation (ENFR, 2021-06-30):
| 10 principaux titres |  |
| --- | --- |
| Emetteur | Coupon | Maturité | Secteur | Modified duration to worst | Rating | Poids |
| EMC CORP | 3.375 | 01/06/23 | Tech. & Elec. | 1.63 | BB | 2.80% |
| HCA INC | 5.875 | 01/05/23 | Sante | 1.75 | BB | 2.78% |
| COMMERCIAL METALS CO | 4.875 | 15/05/23 | Industrie | 1.57 | BB | 2.70% |
| SIRIUS XM RADIO INC | 4.625 | 15/07/24 | Médias | 0.08 | BB | 2.65% |
| SENSATA TECHNOLOGIES BV | 4.875 | 15/10/23 | Tech. & Elec. | 2.18 | BB | 2.57% |
| LUMEN TECHNOLOGIES INC | 5.800 | 15/03/22 | Télécom. | 0.69 | BB | 2.48% |
| CCO HLDGS LLC/CAP CORP | 4.000 | 01/03/23 | Médias | 0.33 | BB | 2.46% |
| ICAHN ENTERPRISES/FIN | 4.750 | 15/09/24 | Services Financiers | 2.76 | BB | 2.29% |
| COMMSCOPE INC | 5.500 | 01/03/24 | Tech. & Elec. | 0.03 | B | 2.28% |
| SEAGATE HDD CAYMAN | 4.750 | 01/06/23 | Tech. & Elec. | 1.85 | BB | 2.17% |
| Geographical Breakdown (%) |  |
| --- | --- |
|  | Portfolio |
| United States | 85.99 |
| Canada | 6.31 |
| Arab Emirates | 2.27 |
| Luxemburg | 1.54 |
| Other | 0.81 |
| Cash | 3.08 |

Translation (ENFR, 2021-06-30):
| Exposition géographique (%) |  |
| --- | --- |
|  | Portefeuille |
| Etats-Unis | 85.99 |
| Canada | 6.31 |
| Emirats Arabes | 2.27 |
| Luxembourg | 1.54 |
| Autres | 0.81 |
| Cash | 3.08 |
# Modified Duration to Worst Breakdown (%)
50
45
40
35
30
25
20
15
10
5
| 0 | Cash | 0-1 | 1-3 | 3-5 |
| --- | --- | --- | --- | --- |
| Portfolio | 2.70 | 31.69 | 45.83 | 19.79 |

Translation (ENFR, 2021-09-30):
# Exposition à la Modified Duration to Worst (%)
50
45
40
35
30
25
20
15
10
5
| 0 | Cash | 0-1 | 1-3 | 3-5 |
| --- | --- | --- | --- | --- |
| Portefeuille | 2.70 | 31.69 | 45.83 | 19.79 |
# Rating Breakdown (%)
70
60
50
40
30
20
10
| 0 | AA | A | BBB | BB | Cash |
| --- | --- | --- | --- | --- | --- |
| Portfolio | 1.50 | 30.24 | 61.40 | 4.16 | 2.70 |

Translation (ENFR, 2021-09-30):
# Exposition par rating (%)
70
60
50
40
30
20
10
| 0 | AA | A | BBB | BB | Cash |
| --- | --- | --- | --- | --- | --- |
| Portefeuille | 1.50 | 30.24 | 61.40 | 4.16 | 2.70 |
# Objective and investment strategy
Management company
AXA Funds Management SA
(Luxembourg)
The Sub-Fund's investment objective is to seek performance by investing mainly in short duration debt securities issued in the emerging debt universe in USD over a medium term period.
The Share Class aims at hedging the foreign exchange risk resulting from the divergence between the reference currency of the Sub-Fund and the currency of this Share Class by using derivatives instruments whilst retaining the exposure to Investment Policy described above.

Translation (ENFR, 2018-08-31):
# Objectif et stratégie d’investissement
Société de gestion
AXA Funds Management SA
(Luxembourg)
L'objectif d'investissement du Compartiment est de réaliser des performances en investissant dans des titres de créance à duration courte émis dans l'univers de la dette émergente en USD à moyen terme. La Classe d'actions vise à couvrir le risque de change découlant de l'écart entre la devise de référence du compartiment et la devise de cette Classe d'actions en utilisant des instruments dérivés tout en conservant la politique d'investissement décrite ci-dessus.
## Sector Breakdown (%)	Contribution to duration by sector
Portfolio
Industrials	35.09
Financial	25.81
Sovereign	25.47
Quasi & Foreign Gvt	5.09
Securitized	3.51
Utility	3.10
Other	0.54
Cash	1.38
1.2
0.9
0.6
0.3
0.0
-0.3
Industrials
Financial
Securitized
Utility
Not
Classified
Sovereign
Cash
-0.6
Port.	1.0	0.7	0.1	0.1	-0.2	-0.4	0.2

Translation (ENFR, 2021-09-30):
## Exposition sectorielle (%)	Contribution à la duration par secteur
Portefeuille
Industrie	35.09
Finance	25.81
Souverain	25.47
Quasi & Foreign Gvt	5.09
Securitized	3.51
Serv. aux collect.	3.10
Autres	0.54
Cash	1.38
1.2
0.9
0.6
0.3
0.0
-0.3
Industrie
Finance
Securitized
Serv. aux
collect.
Hors
catégorie
Souverain
Cash
-0.6
Port.	1.0	0.7	0.1	0.1	-0.2	-0.4	0.2
## Active Exposure by Sector (%)
-3	-2	-1	0	1	2
Consumer Discretionary	18.57	18.12
Industrials	17.99	17.49
Financials	12.93	14.34
Technology	12.92	12.36
Health Care	8.93	8.29
Basic Materials	6.63	7.95
Consumer Staples	6.47	5.83
Utilities	5.34	5.60
Telecommunications	4.73	3.61
Energy	4.62	4.18
Real Estate	0.00	2.22
Cash	0.88	0.00

Translation (ENFR, 2021-06-30):
## Exposition sectorielle active (%)
-3	-2	-1	0	1	2
Consommation non essentielle	18.57	18.12
Industries	17.99	17.49
Sociétés Financières	12.93	14.34
Technologie	12.92	12.36
Santé	8.93	8.29
Matériaux de Base	6.63	7.95
Consommation courante	6.47	5.83
Services aux Collectivités	5.34	5.60
Télécommunications	4.73	3.61
Énergie	4.62	4.18
Immobilier	0.00	2.22
Monétaire	0.88	0.00
## Active Exposure by Sector (%)
-3	-2	-1	0	1	2	3
Consumer Discretionary	18.37	18.04
Industrials	17.43	17.38
Financials	13.78	14.93
Technology	12.61	11.87
Health Care	9.41	8.06
Basic Materials	6.17	8.02
Consumer Staples	6.14	5.81
Utilities	4.72	5.80
Energy	4.65	4.29
Telecommunications	4.57	3.53
Real Estate	0.00	2.27
Cash	2.15	0.00

Translation (ENFR, 2021-05-31):
## Exposition sectorielle active (%)
-3	-2	-1	0	1	2	3
Consommation non essentielle	18.37	18.04
Industries	17.43	17.38
Sociétés Financières	13.78	14.93
Technologie	12.61	11.87
Santé	9.41	8.06
Matériaux de Base	6.17	8.02
Consommation courante	6.14	5.81
Services aux Collectivités	4.72	5.80
Énergie	4.65	4.29
Télécommunications	4.57	3.53
Immobilier	0.00	2.27
Monétaire	2.15	0.00