# Returns (Source: Fund Admin)
## Performance evolution (rebased to 100) from 31/01/2017 to 31/01/2022*
150
125
01/17
07/17
01/18
07/18
01/19
07/19
01/20
07/20
01/21
07/21
01/22
|  |  |
| --- | --- |
| 75 50 Portfolio (108.65)	Benchmark (107.36) Cumulative Returns * | Sub-Fund Statistics (Source: Amundi) Total portfolio holdings82 Top ten issuers (% assets, source: Amundi) Portfolio PETROLEO BRASILEIRO SA	9.58% BANCO BRADESCO SA	7.00% VALE SA	4.97% GRUPO MEXICO SAB DE CV	3.36% FOMENTO ECONOMICO MEXICANO SAB	3.35% JBS SA	3.29% GRUPO FINANC BANORTE SAB DE CV	3.22% |
|  | YTD | 1 month | 3 months | 1 year | 3 years | 5 years | Since | AMERICANAS SA | 3.18% |
| Since | 31/12/2021 | 31/12/2021 | 29/10/2021 | 29/01/2021 | 31/01/2019 | 31/01/2017 | 22/02/1994 | ITAUSA SA | 3.08% |
| Portfolio | 7.85% | 7.85% | 11.89% | 8.19% | -12.69% | 8.65% | 432.94% | SUZANO SA | 2.98% |
| Benchmark | 7.38% | 7.38% | 10.37% | 5.80% | -13.07% | 7.36% | - | Total | 44.02% |
| Spread | 0.47% | 0.47% | 1.52% | 2.40% | 0.38% | 1.29% | - |  |  |
| Calendar year performance * |
|  | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |  |
| Portfolio | -7.78% | -15.76% | 21.07% | -4.30% | 22.71% | 21.87%  -33.05% | -14.76% | -13.64% | 7.53% |  |
| Benchmark | -8.09% | -13.80% | 17.46% | -6.57% | 23.74% | 31.04%  -31.04% | -12.30% | -13.36% | 8.66% |  |
| Spread | 0.31% | -1.97% | 3.60% | 2.28% | -1.03% | -9.17%	-2.01% | -2.46% | -0.28% | -1.13% |  |

100

## Risk analysis (rolling) (Source: Fund Admin)

### 1 year	3 years  5 years

### Portfolio volatility	21.81%  32.13%  27.98%

### Benchmark volatility	20.93%  31.89%  27.69%

### Volatility is a statistical indicator that measures an asset’s variations around its average value. For example, market variations of +/- 1.5% per day correspond to a volatility of 25% per year.
* Source : Amundi. The above results pertain to full 12-month period per calendar year. All performances are calculated net income reinvested and net of all charges taken by the Sub-Fund and expressed with the round-off superior. Past performance is not a reliable indicator of future performance. The value of investments may vary upwards or downwards according to market conditions.

Translation (ENFR, 2022-01-31):
# Performances (Source : Fund Admin)
## Evolution de la performance (base 100) *
150
125
100

## Indicateur(s) glissant(s) (Source : Fund Admin)

### 1 an	3 ans	5 ans

### Volatilité du portefeuille	21,81%  32,13%  27,98%

### Volatilité de l'indice	20,93%  31,89%  27,69%
La volatilité est un indicateur statistique qui mesure l’amplitude des variations d’un actif autour de sa moyenne. Exemple : des variations de +/- 1,5% par jour sur les marchés correspondent à une volatilité de 25% par an.
75
01/17
07/17
01/18
07/18
01/19
07/19
01/20
07/20
01/21
07/21
01/22
50

### Portefeuille (108,65)	Indice (107,36)

## Performances glissantes *
Depuis le		1 mois		 3 mois			1 an			3 ans		 5 ans		Depuis le Depuis le	31/12/2021	31/12/2021	29/10/2021	29/01/2021	31/01/2019	31/01/2017	22/02/1994 Portefeuille		7,85%		 7,85%		11,89%		8,19%		-12,69%		8,65%		 432,94%

### Indice	7,38%	7,38%	10,37%	5,80%	-13,07%	7,36%	-

### Ecart	0,47%	0,47%	1,52%	2,40%	0,38%	1,29%	-

## Performances calendaires *
|  | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portefeuille | -7,78% | -15,76% | 21,07% | -4,30% | 22,71% | 21,87% | -33,05% | -14,76% | -13,64% | 7,53% |
| Indice | -8,09% | -13,80% | 17,46% | -6,57% | 23,74% | 31,04% | -31,04% | -12,30% | -13,36% | 8,66% |
| Ecart | 0,31% | -1,97% | 3,60% | 2,28% | -1,03% | -9,17% | -2,01% | -2,46% | -0,28% | -1,13% |

* Les performances sont calculées dans la devise de référence, sur des données historiques. Les performances affichées sont nettes de frais de gestion. (1) Les performances calendaires couvrent des périodes complètes de 12 mois pour chaque année civile. Les performances ne sont pas constantes dans le temps et ne préjugent pas des performances et des rendements futurs. La valeur des investissements peut varier à la hausse ou à la baisse selon l'évolution des marchés.