# 3Ongoing Charges Figure, is based on expenses over a year. The figure includes annual management charge but not the transaction costs. Such figures may vary from time to time.
| 3-Year Risk Measures | M1DEUR | Reference Benchmark | 5-Year Risk Measures | M1DEUR | Reference Benchmark |
| --- | --- | --- | --- | --- | --- |
| Volatility | 7.72% | 6.04% | Volatility | 7.35% | 6.43% |
| Sharpe Ratio | 0.42 | 0.23 | Sharpe Ratio | 0.10 | 0.08 |
| Tracking Error | 8.19% | - | Tracking Error | 6.63% | - |
| Information Ratio | 0.23 | - | Information Ratio | 0.03 | - |

| Characteristics | Fund | Characteristics | Fund |
| --- | --- | --- | --- |
| Number of Holdings ex Cash | 182 | Option Adjusted Spread Duration (OASD)4 | 2.61 |
| Option Adjusted Duration (OAD) | 2.35 | Rating Average5 | BBB-/BB+ |
| Maturity Average | 7.80 |
| Yield to Worst (Gross) | 4.93 |  |
| Modified Duration to Worst | 2.50 | Sector Allocation (Economic Exposure %) | Fund |
|  |
| Credit Quality Rating Allocation (Economic Exposure %) |  | Cash Offset | 52.11 |
| Fund | Energy | 14.54 |
|  | Financial | 13.79 |
| AAA | -23.25 | Utilities | 3.72 |
| AA | 2.50 | Communications | 2.93 |
| A | 4.56 | Consumer Non cyclical | 2.55 |
| BBB | 6.77 | Basic Materials | 1.42 |
| BB | 16.33 | Industrial | 1.35 |
| B | 25.83 | Consumer Cyclical | 1.20 |
| CCC | 2.23 | Over The counter | -0.08 |
| D | 0.40 | Other Sectors | -8.55 |
| NR | -2.49 | Cash | 15.02 |
| Cash Offset | 52.11 | Only top 10 breakdowns are displayed. Other breakdowns are included in Others. |
| Cash | 15.02 |
| Sorted from highest to lowest rating. Cash is not included in any rating. | Geographical Allocation (Economic Exposure %) | Fund |
| Maturity Breakdown (Economic Exposure %) | Fund | Cash Offset | 52.11 |
| Mainland China | 8.44 |
| 0-2 years | 74.74 | Brazil | 5.87 |
| 2-5 years | 5.86 | Poland | 5.28 |
| 5-10 years | 0.54 | Egypt | 4.84 |
| 10+ years | 18.86 | Ukraine | 4.25 |
| Sorted from shortest to longest per the length of maturity. | South Korea | 4.03 |
| Indonesia | 3.65 |
| Currency Allocation (Market Value %) | Fund | Nigeria | 3.41 |
| Qatar | 3.40 |
| USD | 57.39 | Other Locations | 4.72 |
| PLN | 5.27 | Only top 10 breakdowns are displayed. Other breakdowns are included in Others. |
| CNY | 4.41 |
| KRW | 4.03 |
| EGP | 3.60 |
| CZK | 2.97 |
| MXN | 2.49 |
| ZAR | 2.46 |
| COP | 2.27 |
| KZT | 2.26 |
| Other Currencies | 12.85 |

Translation (ENFR, 2021-06-30):
# 3Montant des frais courants, montant fondé sur les frais d’un exercice. Ce montant inclut les frais de gestion annuels et les frais de transaction sous-jacents et peut varier avec le temps.
| Indicateurs de risque sur 3 ans | M1DEUR | Indice de référence | Indicateurs de risque sur 5 ans | M1DEUR | Indice de référence |
| --- | --- | --- | --- | --- | --- |
| Volatilité | 7,72% | 6,04% | Volatilité | 7,35% | 6,43% |
| Ratio de Sharpe | 0,42 | 0,23 | Ratio de Sharpe | 0,10 | 0,08 |
| Erreur de suivi | 8,19% | - | Erreur de suivi | 6,63% | - |
| Ratio d’information | 0,23 | - | Ratio d’information | 0,03 | - |

|  |  | (Exposition économique %) |  |
| --- | --- | --- | --- |
| Allocation par notation de crédit (Exposition économique %) |  | Compensation en espèces | 52,11 |
| Fonds | Énergie | 14,54 |
|  | Société financière | 13,79 |
| AAA | -23,25 | Services aux collectivités | 3,72 |
| AA | 2,50 | Communication | 2,93 |
| A | 4,56 | Biens de consommation non cycliques | 2,55 |
| BBB | 6,77 |
| BB | 16,33 | Matériaux de base | 1,42 |
| B | 25,83 | Industrie | 1,35 |
| CCC | 2,23 | Biens de consommation cycliques | 1,20 |
| D | 0,40 |
| NR | -2,49 | Hors cote | -0,08 |
| Cash Offset | 52,11 | Autres secteurs | -8,55 |
| Liquidités | 15,02 | Liquidités | 15,02 |