# Mirova Europe Sustainable Economy Fund
## PORTFOLIO ANALYSIS AS OF 30/09/2021
SHARE CLASS : R/D (EUR)	
FEES	

###### All-in-Fee	1.40%
Max. Sales Charge	3.00%
Max. Redemption Charge	-

###### Performance fees	20.0%
| Bonds | 49.3 | -1.6 | 47.6 | 50.0 | Minimum Investment | - |
| --- | --- | --- | --- | --- | --- | --- |
| Equities | 51.4 |  | 51.4 | 50.0 | NAV (30/09/2021) | 130.49 EUR |
| Money Markets | -0.7 |  | -0.7 |  | Last dividend as of 16/07/2021 | 1.23 EUR |
| Total	100,0	98.3	100.0 * In % of AuM  ** Including the commitment value on derivatives EQUITY EXPOSURE CHANGE* | MANAGEMENT Management Company NATIXIS INVESTMENT MANAGERS INTERNATIONAL Investment Manager MIROVA Mirova, an affiliate of Natixis Investment Managers, is a management company dedicated to sustainable investing. Its aim is to combine long- term value creation with sustainable development by following its conviction investment approach. Mirova's first-rate staff are pioneers in the many fields related to sustainable finance. Innovation is their priority so that customers always get highly effective solutions that are suited to their needs. |
| Headquarters | Paris |
| Founded | 2014 |

Assets Under Management (Billion)
€ 23.6 (30/06/2021)
DIVERSIFIED INDICATORS	Fund	Index
Equity Beta	1.13	1.00
Duration weighted by the spread	2.44	1.43 yield sensitivity	2.42	2.55
High yield percentage*	8.40	0.00
Small & Mid caps percentage*	8.1	-
*In % of AuM
*weight of exposure (inc. derivatives)

###### France	31.9	19.0
Portfolio Managers
DAVID BELLOC - CFA - CROSS ASSET AND EQUITY PORTFOLIO MANAGER
David Belloc started his career in 2000 as a Quantitative Analyst at AMUNDI (formerly CAAM). He joined BFT Investment Managers in 2004 as a convertible bond manager and then Natixis at the end of 2006 where he serves as an Equity Manager (NAM) and Smart Beta Manager (Seeyond). David joined Mirova in August 2018 as a Manager/ Strategist in charge of cross-asset strategies. He also co-manages the Mirova Climate Ambition and Mirova Actions Europe Equity strategies. David Belloc is an ISFA actuary, a member of IAF, and holds a CFA and DEA (Master of Advanced Study) in Financial Sciences.
Nelson Ribeirinho
PORTFOLIO MANAGER / SENIOR CREDIT ANALYST

###### Nelson started his career in investment banking as a Covered Bond / SSA Strategist before taking on the role of Lead Sell-Side Analyst - Banks/Financial Institutions. He later became responsible for advising on Basel regulations, capital structure and rating optimisation. Nelson joined Mirova in June 2019. He also co-manages the Mirova Euro Green and Sustainable Corporate Bond strategy.
weight of exposure (inc. derivatives)
Source: Natixis Investment Managers International unless otherwise indicated

Translation (ENFR, 2021-09-30):
# Mirova Europe Sustainable Economy Fund
## ANALYSE DU MARCHÉ ACTIONS AU 30/09/2021
Analyse de l'allocation de la Poche Actions (51,40%)
| PRINCIPALES LIGNES | Poche % |
| --- | --- |
| SANOFI-AVENTIS | 3,8 |
| ASTRAZENECA | 3,7 |
| ASML HOLDING REGR. | 3,6 |
| UNICREDIT REGR. | 3,5 |
| SAINT GOBAIN | 3,2 |
| AXA | 3,0 |
| INTESA SANPAOLO | 2,9 |
| ROCHE HOLDING BJ N | 2,9 |
| AVIVA P.L.C. | 2,8 |
| SMURFIT KAPPA LN GBp | 2,7 |
| Total | 32,0 |
| Nombre total de titres | 53 |

| RÉPARTITION GÉOGRAPHIQUE PAR	Poche %	Indice % |
| --- |
| PAYS |  |  |
| France | 45,1 | 17,2 |
| Royaume-Uni | 14,6 | 20,7 |
| Irlande | 6,5 | 1,1 |
| Italie | 6,4 | 3,2 |
| Pays-Bas | 5,9 | 8,5 |
| Allemagne | 4,6 | 13,9 |
| Espagne | 3,6 | 3,8 |
| Suisse | 2,9 | 14,9 |
| Suède | 2,8 | 5,4 |
| Danemark | 2,2 | 4,1 |
| Autres Pays | 5,4 | 7,3 |

Poche % Indice %

### RÉPARTITION PAR TAILLE DE	 CAPITALISATION
< 2 Mrds USD	1,9	0,0
2 à 10 Mrds USD	14,0	5,3
10 à 100 Mrds USD	66,8	67,6
> 100 Mrds USD	17,4	27,1
| RÉPARTITION SECTORIELLE DE LA POCHE ACTION | Poche % Indice % |
| --- | --- |
| Finance | 18,4 | 16,0 |
| Industrie | 15,1 | 14,9 |
| Technologies de l'information | 14,9 | 8,6 |
| Santé | 13,3 | 14,4 |
| Services aux collectivités | 9,7 | 4,1 |
| Matériaux | 8,9 | 7,8 |
| Consommation discrétionnaire | 7,1 | 11,7 |
| Biens de consommation de base | 6,3 | 12,5 |
| Services de communication | 3,3 | 3,8 |
| Immobilier | 3,2 | 1,3 |
| Energie | 0,0 | 4,8 |


##### Nomenclature MSCI Source : Natixis Investment Managers International sauf indication contraire

##### Poids en exposition ( dérivés inclus)
PRINCIPALES TRANSACTIONS CUMULÉES D'ACTIONS
Achats	Montant
TEL.ERICSSON S.B.	611 985
UNICREDIT REGR.	406 760
| RENAULT | 403 958 |
| --- | --- |
| ORPEA | 396 259 |
| SANOFI-AVENTIS | 385 600 |
| Ventes | Montant |
| SSE PLC | 197 183 |
| LVMH MOET HENNESSY | 192 090 |
| STMICROELECTRO NV | 180 129 |
| EUROFINS FP EUR | 160 615 |
| CRODA INTL. IX GBp | 140 320 |