# Candriam L Conservative Asset Allocation
| Investment portfolio as at December 31, 2020 |  |
| --- | --- |
| Description | Quantity | Currency | Market value | % net |
|  |  |  | (in EUR) | assets |
| Transferable securities admitted to an official stock exchange |  |  | 6,333,496 | 3.72 |
| listing or dealt in another regulated market |  |  |  |  |
| Structured products |  |  | 6,333,496 | 3.72 |
| Ireland |  |  | 6,333,496 | 3.72 |
| ISHARES PHYSICAL GOLD ETC | 209,626 | USD | 6,333,496 | 3.72 |
| Undertakings for Collective Investment |  |  | 159,899,210 | 93.93 |
| Shares/Units in investment funds |  |  | 159,899,210 | 93.93 |
| Luxembourg |  |  | 152,649,295 | 89.67 |
| CANDRIAM ABSOLUTE RETURN EQUITY MARKET NEUTRAL | 653 | EUR | 1,111,282 | 0.65 |
| Z EUR C CANDRIAM ABSOLUTE RETURN LONG SHORT DIGITAL | 638 | EUR | 977,205 | 0.57 |
| EQUITY Z EUR C CANDRIAM BONDS CONVERTIBLE DEFENSIVE Z EUR C | 2,812 | EUR | 4,684,314 | 2.75 |
| CANDRIAM BONDS EMERGING DEBT LOCAL CURRENCIES Z | 2,468 | USD | 2,386,349 | 1.40 |
| USD C CANDRIAM BONDS EMERGING MARKET CORPORATE Z USD | 869 | USD | 1,141,323 | 0.67 |
| C CANDRIAM BONDS EURO DIVERSIFIED Z EUR C | 21,561 | EUR | 20,105,848 | 11.81 |
| CANDRIAM BONDS EURO GOVERNMENT Z EUR C | 1,859 | EUR | 5,371,227 | 3.16 |
| CANDRIAM EQUITIES L EUROPE CONVICTION Z EUR C | 1,431 | EUR | 2,498,769 | 1.47 |
| CANDRIAM EQUITIES L EUROPE INNOVATION Z EUR C | 1,433 | EUR | 3,590,453 | 2.11 |
| CANDRIAM EQUITIES L EUROPE OPTIMUM QUALITY Z EURC | 20,633 | EUR | 4,398,956 | 2.58 |
| CANDRIAM EQUITIES L EUROPE SMALL AND MID CAPS Z | 277 | EUR | 723,457 | 0.43 |
| EUR C CANDRIAM EQUITIES L LIFE CARE Z USD C | 102 | USD | 127,112 | 0.07 |
| CANDRIAM EQUITIES L ONCOLOGY IMPACT Z USD C | 329 | USD | 688,920 | 0.41 |
| CANDRIAM EQUITY L BIOTECHNOLOGY Z USD C | 601 | USD | 1,031,571 | 0.61 |
| CANDRIAM EQUITY L ROBOTICS AND INNOVATIVE | 486 | USD | 1,473,848 | 0.87 |
| TECHNOLOGY Z USD C CANDRIAM FUND SUSTAINABLE EURO EQUITY FO FREE Z | 64 | EUR | 130,100 | 0.08 |
| EUR C CANDRIAM L MULTI-ASSET INCOME AND GROWTH C PART Z | 1,364 | EUR | 2,414,375 | 1.42 |
| CANDRIAM L MULTI-ASSET INCOME C PART Z | 2,710 | EUR | 4,396,596 | 2.58 |
| CANDRIAM L MULTI ASSET PREMIA Z EUR C | 650 | EUR | 991,107 | 0.58 |
| CANDRIAM SUSTAINABLE BOND EMERGING MARKETS Z | 3,301 | USD | 3,559,997 | 2.09 |
| USD C CANDRIAM SUSTAINABLE BOND EURO CORPORATE Z EUR | 21,714 | EUR | 23,758,590 | 13.96 |
| C CANDRIAM SUSTAINABLE BOND EURO SHORT TERM Z EUR | 4,369 | EUR | 4,414,918 | 2.59 |
| C CANDRIAM SUSTAINABLE BOND EURO Z EUR C | 18,906 | EUR | 21,023,661 | 12.35 |
| CANDRIAM SUSTAINABLE BOND GLOBAL HIGH YIELD Z EUR | 2,041 | EUR | 2,367,764 | 1.39 |
| C CANDRIAM SUSTAINABLE EQUITY CIRCULAR ECONOMY Z | 795 | USD | 983,492 | 0.58 |
| USD C CANDRIAM SUSTAINABLE EQUITY CLIMATE ACTION Z USD C | 698 | USD | 1,035,131 | 0.61 |
| CANDRIAM SUSTAINABLE EQUITY EMERGING MARKETS Z | 2,745 | EUR | 7,377,517 | 4.33 |
| EUR C CANDRIAM SUSTAINABLE EQUITY EUROPE Z EUR C | 7,987 | EUR | 11,396,011 | 6.69 |
| CANDRIAM SUSTAINABLE EQUITY FUTURE MOBILITY Z USD | 153 | USD | 128,540 | 0.08 |
| C CANDRIAM SUSTAINABLE EQUITY NORTH AMERICA Z USD C | 6,123 | USD | 8,541,324 | 5.02 |
| CLEOME INDEX EUROPE EQUITIES Z EUR C | 1,348 | EUR | 2,487,020 | 1.46 |
| CLEOME INDEX USA EQUITIES Z USD C | 940 | USD | 2,285,486 | 1.34 |
| INDEXIQ FACTORS SUSTAINABLE CORPORATE EURO BOND | 56,859 | EUR | 1,453,578 | 0.85 |
| DIS |  |  |  |  |

Candriam L Conservative Asset Allocation
| Investment portfolio as at December 31, 2020 |  |  |  |  |
| --- | --- | --- | --- | --- |
| Description | Quantity | Currency | Market value (in EUR) | % net assets |
| INDEXIQ FACTORS SUSTAINABLE JAPAN EQUITY CAP | 87,135 | EUR | 2,537,371 | 1.49 |
| SCHRODER INTERNATIONAL SEL CHINA ACC USD | 6,954 | USD | 1,056,083 | 0.62 |
| France |  |  | 7,249,915 | 4.26 |
| CANDRIAM DIVERSIFIED FUTURES Z EUR C | 1,463 | EUR | 1,800,660 | 1.06 |
| CANDRIAM GLOBAL ALPHA Z EUR C | 766 | EUR | 1,134,691 | 0.67 |
| CANDRIAM INDEX ARBITRAGE Z EUR C | 2,029 | EUR | 3,186,687 | 1.87 |
| CANDRIAM RISK ARBITRAGE Z EUR C | 757 | EUR | 1,127,877 | 0.66 |
| Total investment portfolio |  |  | 166,232,706 | 97.65 |
| Acquisition cost |  |  | 154,543,756 |  |

Candriam L Conservative Asset Allocation Geographical and economic breakdown of investments as at December 31, 2020
| Geographical breakdown (in % of net assets) |  |
| --- | --- |
| Luxembourg | 89.67 |
| France | 4.26 |
| Ireland | 3.72 |
|  | 97.65 |
| Economic breakdown (in % of net assets) |  |
| Investment funds | 93.93 |
| Banks and other financial institutions | 3.72 |
|  | 97.65 |

Translation (ENFR, 2020-12-31):
# Candriam L Conservative Asset Allocation
| Portefeuille-titres au 31 décembre 2020 |  |
| --- | --- |
| Dénomination | Quantité | Devise | Valeur d'évaluation (en EUR) | % actifs nets |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs ou traitées sur un autre marché réglementé |  |  | 6.333.496 | 3,72 |
| Produits structurés |  |  | 6.333.496 | 3,72 |
| Irlande |  |  | 6.333.496 | 3,72 |
| ISHARES PHYSICAL GOLD ETC | 209.626 | USD | 6.333.496 | 3,72 |
| Organismes de placement collectif |  |  | 159.899.210 | 93,93 |
| Actions/Parts détenues dans des fonds d'investissement |  |  | 159.899.210 | 93,93 |
| Luxembourg |  |  | 152.649.295 | 89,67 |
| CANDRIAM ABSOLUTE RETURN EQUITY MARKET NEUTRAL | 653 | EUR | 1.111.282 | 0,65 |
| Z EUR C CANDRIAM ABSOLUTE RETURN LONG SHORT DIGITAL | 638 | EUR | 977.205 | 0,57 |
| EQUITY Z EUR C CANDRIAM BONDS CONVERTIBLE DEFENSIVE Z EUR C | 2.812 | EUR | 4.684.314 | 2,75 |
| CANDRIAM BONDS EMERGING DEBT LOCAL CURRENCIES Z | 2.468 | USD | 2.386.349 | 1,40 |
| USD C CANDRIAM BONDS EMERGING MARKET CORPORATE Z USD | 869 | USD | 1.141.323 | 0,67 |
| C CANDRIAM BONDS EURO DIVERSIFIED Z EUR C | 21.561 | EUR | 20.105.848 | 11,81 |
| CANDRIAM BONDS EURO GOVERNMENT Z EUR C | 1.859 | EUR | 5.371.227 | 3,16 |
| CANDRIAM EQUITIES L EUROPE CONVICTION Z EUR C | 1.431 | EUR | 2.498.769 | 1,47 |
| CANDRIAM EQUITIES L EUROPE INNOVATION Z EUR C | 1.433 | EUR | 3.590.453 | 2,11 |
| CANDRIAM EQUITIES L EUROPE OPTIMUM QUALITY Z EURC | 20.633 | EUR | 4.398.956 | 2,58 |
| CANDRIAM EQUITIES L EUROPE SMALL AND MID CAPS Z | 277 | EUR | 723.457 | 0,43 |
| EUR C CANDRIAM EQUITIES L LIFE CARE Z USD C | 102 | USD | 127.112 | 0,07 |
| CANDRIAM EQUITIES L ONCOLOGY IMPACT Z USD C | 329 | USD | 688.920 | 0,41 |
| CANDRIAM EQUITY L BIOTECHNOLOGY Z USD C | 601 | USD | 1.031.571 | 0,61 |
| CANDRIAM EQUITY L ROBOTICS AND INNOVATIVE | 486 | USD | 1.473.848 | 0,87 |
| TECHNOLOGY Z USD C CANDRIAM FUND SUSTAINABLE EURO EQUITY FO FREE Z | 64 | EUR | 130.100 | 0,08 |
| EUR C CANDRIAM L MULTI-ASSET INCOME AND GROWTH C PART Z | 1.364 | EUR | 2.414.375 | 1,42 |
| CANDRIAM L MULTI-ASSET INCOME C PART Z | 2.710 | EUR | 4.396.596 | 2,58 |
| CANDRIAM L MULTI ASSET PREMIA Z EUR C | 650 | EUR | 991.107 | 0,58 |
| CANDRIAM SUSTAINABLE BOND EMERGING MARKETS Z | 3.301 | USD | 3.559.997 | 2,09 |
| USD C CANDRIAM SUSTAINABLE BOND EURO CORPORATE Z EUR | 21.714 | EUR | 23.758.590 | 13,96 |
| C CANDRIAM SUSTAINABLE BOND EURO SHORT TERM Z EUR | 4.369 | EUR | 4.414.918 | 2,59 |
| C CANDRIAM SUSTAINABLE BOND EURO Z EUR C | 18.906 | EUR | 21.023.661 | 12,35 |
| CANDRIAM SUSTAINABLE BOND GLOBAL HIGH YIELD Z EUR | 2.041 | EUR | 2.367.764 | 1,39 |
| C CANDRIAM SUSTAINABLE EQUITY CIRCULAR ECONOMY Z | 795 | USD | 983.492 | 0,58 |
| USD C CANDRIAM SUSTAINABLE EQUITY CLIMATE ACTION Z USD C | 698 | USD | 1.035.131 | 0,61 |
| CANDRIAM SUSTAINABLE EQUITY EMERGING MARKETS Z | 2.745 | EUR | 7.377.517 | 4,33 |
| EUR C CANDRIAM SUSTAINABLE EQUITY EUROPE Z EUR C | 7.987 | EUR | 11.396.011 | 6,69 |
| CANDRIAM SUSTAINABLE EQUITY FUTURE MOBILITY Z USD | 153 | USD | 128.540 | 0,08 |
| C CANDRIAM SUSTAINABLE EQUITY NORTH AMERICA Z USD C | 6.123 | USD | 8.541.324 | 5,02 |
| CLEOME INDEX EUROPE EQUITIES Z EUR C | 1.348 | EUR | 2.487.020 | 1,46 |
| CLEOME INDEX USA EQUITIES Z USD C | 940 | USD | 2.285.486 | 1,34 |
| INDEXIQ FACTORS SUSTAINABLE CORPORATE EURO BOND DIS | 56.859 | EUR | 1.453.578 | 0,85 |

Candriam L Conservative Asset Allocation
| Portefeuille-titres au 31 décembre 2020 |  |  |  |  |
| --- | --- | --- | --- | --- |
| Dénomination | Quantité | Devise | Valeur d'évaluation (en EUR) | % actifs nets |
| INDEXIQ FACTORS SUSTAINABLE JAPAN EQUITY CAP | 87.135 | EUR | 2.537.371 | 1,49 |
| SCHRODER INTERNATIONAL SEL CHINA ACC USD | 6.954 | USD | 1.056.083 | 0,62 |
| France |  |  | 7,249,915 | 4.26 |
| CANDRIAM DIVERSIFIED FUTURES Z EUR C | 1.463 | EUR | 1.800.660 | 1,06 |
| CANDRIAM GLOBAL ALPHA Z EUR C | 766 | EUR | 1.134.691 | 0,67 |
| CANDRIAM INDEX ARBITRAGE Z EUR C | 2.029 | EUR | 3.186.687 | 1,87 |
| CANDRIAM RISK ARBITRAGE Z EUR C | 757 | EUR | 1.127.877 | 0,66 |


### Total du portefeuille-titres	166.232.706	97,65

### Coût d'acquisition154.543.756
Candriam L Conservative Asset Allocation Répartition géographique et économique du portefeuille-titres au 31 décembre 2020
| Répartition géographique (en % des actifs nets) |  |
| --- | --- |
| Luxembourg | 89,67 |
| France | 4,26 |
| Irlande | 3,72 |
|  | 97,65 |
| Répartition économique (en % des actifs nets) |  |
| Fonds d'investissement | 93,93 |
| Banques et autres institutions financières | 3,72 |
|  | 97,65 |