# Sector allocation (Source: Amundi)
### % of assets *	% of assets (Index)

### CDS - Broad Market	-1.02%	-

### CDS - High Yield	-1.02%	-

### Swap	-0.97%	-

### Swap	-0.97%	-

### Treasuries	5.39%	-

### Treasuries	5.39%	-

### Others	6.86%	0.04%

### Others	6.86%	0.04%

## % of assets **
Financials Industrials Treasuries Utilities

### Government related	0.45%	0.35%

### Local authorities	-	0.00%

### Agencies	0.45%	0.34%

### Emerging govt. related	0.88%	1.02%

### Emerging govt. related : Financials	-	0.04%

### Emerging Govt. Related Agencies	0.88%	0.21%

### Emerging govt. related : Utilities	-	0.23%

### Emerging govt. related : Industrials	-	0.54%

### Utilities	2.74%	6.77%

### Utilities	2.74%	6.77%

### Financials	42.33%	39.57%
Emerging govt. related
Government related
Swap CDS - Broad Market
Others
-10 %	0 %	10 %	20 %	30 %	40 % 50 %

### Portfolio
| Insurers Real estate | 6.56% 4.08% | 5.35% 5.74% |  | ** Includes Credit Default Swaps |
| --- | --- | --- | --- | --- |
| Banks & building societies | 31.70% | 28.48% |  | Spread Modified Duration (Source: Amundi) ** |
| Industrials | 33.04% | 52.16% |  |  |

| Tobacco | - | 1.00% |
| --- | --- | --- |
| Basic materials | 0.33% | 1.25% |
| Chemicals | 0.26% | 1.58% |


### Media	3.31%	2.80%

### Transportation	1.40%	2.90%

### Automobiles	4.84%	3.15%

### Pharmaceuticals & biotechnology	2.11%	3.90%

### Consumer staples	1.62%	4.22%

### Capital goods	0.91%	4.28%

### Energy	5.00%	7.48%

### Consumer non-cyclical	1.98%	7.80%

### Telecom. & technology	11.28%	11.80%

#### * Includes Credit Default Swaps
Financials Industrials Treasuries Utilities
Emerging govt. related Government related
Swap CDS - Broad Market
Others
-1	0	1	2	3	4	5	6

### Portfolio
| Top 15 issuers (Source: Amundi) |  |  | ** Includes Credit Default Swaps |
| --- | --- | --- | --- |
|  | Sector | % asset * |  |
| United States of America | Treasuries | 5.90% |  |
| Morgan Stanley | Financials | 4.17% |  |
| Bank of America Corp | Financials | 3.53% |  |
| T-MOBILE USA INC | Industrials | 2.65% |  |
| CAIXABANK SA | Financials | 2.15% |  |
| Unicredit SPA | Financials | 2.14% |  |
| DEUTSCHE BANK AG | Financials | 1.59% |  |
| JPMORGAN CHASE & CO | Financials | 1.54% |  |
| BANCO SANTANDER SA | Financials | 1.43% |  |
| SPRINT CAPITAL CORP | Industrials | 1.37% |  |
| TELEFONICA EMISIONES SA | Industrials | 1.28% |  |
| CHARTER COMM OPT LLC/CAP | Industrials | 1.28% |  |
| SOCIETE GENERALE | Financials | 1.20% |  |
| DELL INTERNATIONAL LLC/EMC COR | Industrials | 1.15% |  |
| CVS HEALTH CORP | Industrials | 1.13% |  |
| * Includes Credit Default Swaps |  |  |  |

Translation (ENFR, 2023-02-28):
# Allocation sectorielle (Source : Amundi)
### % d'actif *	% d'actifs (indice)

### CDS - Broad Market	-1,02%	-

### Quasi-Etats émergents	0,88%	1,02%

### Quasi-Etats émergents: Finance	-	0,04%

### Quasi-Etats émergents: Agences	0,88%	0,21%

### Quasi-Etats émergents: Sces publics	-	0,23%

### Quasi-Etats émergents: Industrie	-	0,54%

### Services publics	2,74%	6,77%

### Services publics	2,74%	6,77%

### Finance	42,33%	39,57%

## En pourcentage d'actif **
| CDS - High Yield | -1,02% | - |
| --- | --- | --- |
| Swap | -0,97% | - |
| Swap | -0,97% | - |
| Emprunts d'Etats | 5,39% | - |
| Emprunts d'Etats | 5,39% | - |
| Autres | 6,86% | 0,04% |
| Autres | 6,86% | 0,04% |
| Quasi-Etats | 0,45% | 0,35% |
| Collectivités locales | - | 0,00% |
| Agences | 0,45% | 0,34% |

Finance Industrie Emprunts d'Etats Services publics
Quasi-Etats émergents
Quasi-Etats
Swap CDS - Broad Market
Autres
-10 %	0 %	10 %	20 %	30 %	40 % 50 %

### Portefeuille
| Assurance Immobilier | 6,56% 4,08% | 5,35% 5,74% |  | ** Dérivés de credit inclus |
| --- | --- | --- | --- | --- |
| Epargne et prêts hypothécaires | 31,70% | 28,48% |  | Spread Modified Duration ** |
| Industrie | 33,04% | 52,16% |  |  |

| Tabac | - | 1,00% |
| --- | --- | --- |
| Matériaux de base | 0,33% | 1,25% |
| Chimie | 0,26% | 1,58% |


### Médias	3,31%	2,80%

### Transports	1,40%	2,90%

### Automobile	4,84%	3,15%

### Produits pharma. et biotech.	2,11%	3,90%

### Consommation cyclique	1,62%	4,22%

### Biens d'équipement	0,91%	4,28%

### Énergie	5,00%	7,48%

### Consommation non-cyclique	1,98%	7,80%

### Télécom. et technologie	11,28%	11,80%

### * Dérivés de credit inclus
Finance Industrie Emprunts d'Etats Services publics
Quasi-Etats émergents
Quasi-Etats
Swap CDS - Broad Market
Autres
-1	0	1	2	3	4	5	6
|  |  | Portefeuille |
| --- | --- | --- |
| ** Dérivés de credit inclus |  |
| Top 15 émetteurs (Source : Amundi) |  |  |  |  |
|  | Secteur | % d'actif * |  |  |
| États-Unis | Emprunts d'Etats | 5,90% |  |  |
| Morgan Stanley | Finance | 4,17% |  |  |
| Bank of America Corp | Finance | 3,53% |  |  |
| T-MOBILE USA INC | Industrie | 2,65% |  |  |
| CAIXABANK SA | Finance | 2,15% |  |  |
| Unicredit SPA | Finance | 2,14% |  |  |
| DEUTSCHE BANK AG | Finance | 1,59% |  |  |
| JPMORGAN CHASE & CO | Finance | 1,54% |  |  |
| BANCO SANTANDER SA | Finance | 1,43% |  |  |
| SPRINT CAPITAL CORP | Industrie | 1,37% |  |  |
| TELEFONICA EMISIONES SA | Industrie | 1,28% |  |  |
| CHARTER COMM OPT LLC/CAP | Industrie | 1,28% |  |  |
| SOCIETE GENERALE | Finance | 1,20% |  |  |
| DELL INTERNATIONAL LLC/EMC COR | Industrie | 1,15% |  |  |
| CVS HEALTH CORP | Industrie | 1,13% |  |  |
| * Dérivés de credit inclus |  |  |  |  |