# PORTFOLIO BREAKDOWN
### SECTOR BREAKDOWN *

### GEOGRAPHICAL BREAKDOWN
Financials Information Technology
Industrials Consumer discretionary
Health care
Materials Consumer staples Communication Services
Energy Utilities Real estate
0 %	5 %	10 %	15 %	20 %	25 %
Portfolio  Benchmark
France Germany Netherlands
Italy Spain Belgium Luxembourg Singapore United States
Ireland Other countries
0 %	10 %	20 %	30 %	40 %
Portfolio  Benchmark
| * % of assets ANALYSIS RATIOS |  |
| --- | --- |
|  |  |  |  |
|  |  | Portfolio | Benchmark |
| Average market Cap (Bn €) |  | 64.37 | 78.26 |
| % Mid Caps + Small Caps |  | 47.68 | 28.82 |
| % Large Caps |  | 52.32 | 71.18 |
| Per 12 Month forward |  | 12.12 | 14.35 |
| Price to Book |  | 1.50 | 1.82 |
| Price to Cash Flow |  | 9.55 | 9.92 |
| Dividend Yield (%) |  | 2.69 | 2.82 |
| Annualized EPS Growth (n/n+2) (%) |  | 11.84 | 11.07 |
| Annualized Revenue Growth (n/n+2) (%) |  | 5.94 | 6.34 |
| Issuer number (excluding cash) | 72 |  |  |
| Cash as % of total assets | 1.49% |  |  |

| MAIN POSITIONS IN PORFOLIO |  |
| --- | --- |
|  |  |  |  |
|  | Sector | Weight | Spread / Index |
| STELLANTIS MILAN | Consumer discretionary | 4.11% | 3.39% |
| ASML HOLDING NV | Information Technology | 3.79% | -1.06% |
| SIEMENS AG-REG | Industrials | 3.17% | 0.98% |
| BNP PARIBAS | Financials | 3.07% | 1.61% |
| SOCIETE GENERALE | Financials | 3.01% | 2.46% |
| LVMH MOET HENNESSY | Consumer discretionary | 2.88% | -1.24% |
| STMICROELECTRONICS/P | Information Technology | 2.85% | 2.28% |
| SANOFI | Health care | 2.77% | 0.55% |
| TOTALENERGIES SE | Energy | 2.69% | 0.02% |
| ING GROEP NV | Financials | 2.54% | 1.49% |
| Excluding mutual funds |  |  |  |

Translation (ENFR, 2022-01-31):
# COMPOSITION DU PORTEFEUILLE
### REPARTITION SECTORIELLE *
Finance Technologies de l'info.
Industrie Conso cyclique
Santé
Matériaux Conso non cyclique Services de communication
Énergie Services publics
Immobilier

### REPARTITION GEOGRAPHIQUE
France Allemagne Pays-Bas
Italie Espagne Belgique Luxembourg Singapour Etats-Unis Irlande
Autres
0 %	5 %	10 %	15 %	20 %	25 %
0 %	10 %	20 %	30 %	40 %
| Portefeuille |  | Indice |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| * En pourcentage de l'actif RATIOS D'ANALYSE |  |  |  |  | Portefeuille |  | Indice |
|  |  |  |  |  |  |  |  |
|  |  |  | Portefeuille | Indice |  |  |  |
| Cap. boursière moy. (Mds €) |  |  | 64,37 | 78,26 |  |  |  |
| % Moyenne + Petite capitalisation |  |  | 47,68 | 28,82 |  |  |  |
| % Grande capitalisation |  |  | 52,32 | 71,18 |  |  |  |
| PER annuel anticipé |  |  | 12,12 | 14,35 |  |  |  |
| Prix sur actif net |  |  | 1,50 | 1,82 |  |  |  |
| Prix sur cashflow |  |  | 9,55 | 9,92 |  |  |  |
| Taux de rendement (en %) |  |  | 2,69 | 2,82 |  |  |  |
| Croissance BPA annualisé (n/n+2) (en %) |  |  | 11,84 | 11,07 |  |  |  |
| Croissance CA annualisé (n/n+2) (en %) |  |  | 5,94 | 6,34 |  |  |  |
| Nombre d'émetteurs (hors liquidités) |  | 72 |  |  |  |  |  |
| Liquidités en % de l'actif |  | 1,49% |  |  |  |  |  |

| PRINCIPALES LIGNES EN PORTEFEUILLE |  |
| --- | --- |
|  |  |  |  |
|  | Secteur | Poids (PTF) | Ecart / Indice |
| STELLANTIS MILAN | Conso cyclique | 4,11% | 3,39% |
| ASML HOLDING NV | Technologies de l'info. | 3,79% | -1,06% |
| SIEMENS AG-REG | Industrie | 3,17% | 0,98% |
| BNP PARIBAS | Finance | 3,07% | 1,61% |
| SOCIETE GENERALE | Finance | 3,01% | 2,46% |
| LVMH MOET HENNESSY | Conso cyclique | 2,88% | -1,24% |
| STMICROELECTRONICS/P | Technologies de l'info. | 2,85% | 2,28% |
| SANOFI | Santé | 2,77% | 0,55% |
| TOTALENERGIES SE | Énergie | 2,69% | 0,02% |
| ING GROEP NV | Finance | 2,54% | 1,49% |
| Hors OPC |  |  |  |