# Portfolio Structure ⁶
Rating Breakdown (%) (weighted by market value) ⁷
| AAA |  | 8.2 |  |  |
| --- | --- | --- | --- | --- |
| AA |  |  | 11.9 |
| A |  |  |  | 29.5 |  |
| BBB |  |  |  |  | 35.5 |
| BB | 2.1 |  |  |  |  |
| B | 1.1 |  |  |  |  |
| Others | 0.9 |  |  |  |  |
| Cash |  |  | 10.8 |  |  |

0	10	20	30	40
n
Fund
Country/Location Breakdown (%) (weighted by market value)
Top 10 Holdings (%)
| FRANCE (GOVT OF) FIX 1.750% 25.06.2039 | 1.99 |
| --- | --- |
| NETHERLANDS GOVERNMENT FIX 0.500% 15.01.2040 | 1.25 |
| REPUBLIC OF AUSTRIA FIX 1.850% 23.05.2049 | 1.16 |
| FRANCE (GOVT OF) FIX 0.500% 25.06.2044 | 1.07 |
| IRELAND GOVERNMENT BOND FIX 1.350% 18.03.2031 | 1.06 |
| BUNDESREPUB. DEUTSCHLAND G FIX 0.000% 15.08.2050 | 1.01 |
| BELGIUM KINGDOM 86 FIX 1.250% 22.04.2033 | 1.01 |
| BONOS Y OBLIG DEL ESTADO FIX 1.000% 30.07.2042 | 0.86 |
| SCOTTISH HYDRO ELECTRIC EMTN FIX 1.500% 24.03.2028 | 0.75 |
| LANDBK HESSEN-THUERINGEN EMTN FIX 2.625% 24.08.2027 | 0.71 |
| Total	10.87 |

Duration Breakdown (%) (weighted by market value)
| Netherl., Belg., Austria Switzerland, Scandinavia |  |  | 10.8 | 16.6 | 0 - 1 Year |  | 11.5 |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Spain |  |  | 9.6 |  | 1 - 3 Years | 7.3 |  |  |  |  |  |
| Germany |  |  | 8.9 |  | 3 - 5 Years |  |  |  |  | 25.1 |  |
| France USA |  | 7.2 | 8.5 |  | 5 - 7 Years |  |  |  | 19.0 |  |  |
| United Kingdom Italy | 3.7 | 6.3 |  |  | 7 - 10 Years |  |  |  |  | 22.6 |  |
| Ireland | 3.2 |  |  |  | > 10 Years |  |  | 14.5 |  |  |  |
| Japan | 1.3 |  |  |  |  |  |  |  |  |  |  |
| Portugal | 2.6 |  |  |  |  |  |  |  |  |  |  |
| Lux., Offshore Domiciles | 2.8 |  |  |  |  |  |  |  |  |  |  |
| Austral., Can., N.Zeald. | 1.0 |  |  |  |  |  |  |  |  |  |  |
| Emerging Markets | 2.2 |  |  |  |  |  |  |  |  |  |  |
| Other Developed | 4.2 |  |  |  |  |  |  |  |  |  |  |
| Cash, Other, NA |  |  | 11.0 |  |  |  |  |  |  |  |  |

0	5	10	15	20
n
Fund
0	10	20	30
n
Fund

Translation (ENFR, 2022-11-30):
# Structure du fonds ⁷
par notations financières en % (en fonction de la valeur sur le marché) ⁸
| AAA |  | 8,2 |  |  |
| --- | --- | --- | --- | --- |
| AA |  |  | 11,9 |
| A |  |  |  | 29,5 |  |
| BBB |  |  |  |  | 35,5 |
| BB | 2,1 |  |  |  |  |
| B | 1,1 |  |  |  |  |
| Autres | 0,9 |  |  |  |  |
| Liquidité |  |  | 10,8 |  |  |

0	10	20	30	40
n
Fonds
par pays/répartition géographique en % (en fonction de la valeur sur le marché)
10 principales lignes du fonds (%)
| FRANCE (GOVT OF) FIX 1.750% 25.06.2039 | 1,99 |
| --- | --- |
| NETHERLANDS GOVERNMENT FIX 0.500% 15.01.2040 | 1,25 |
| REPUBLIC OF AUSTRIA FIX 1.850% 23.05.2049 | 1,16 |
| FRANCE (GOVT OF) FIX 0.500% 25.06.2044 | 1,07 |
| IRELAND GOVERNMENT BOND FIX 1.350% 18.03.2031 | 1,06 |
| BUNDESREPUB. DEUTSCHLAND G FIX 0.000% 15.08.2050 | 1,01 |
| BELGIUM KINGDOM 86 FIX 1.250% 22.04.2033 | 1,01 |
| BONOS Y OBLIG DEL ESTADO FIX 1.000% 30.07.2042 | 0,86 |
| SCOTTISH HYDRO ELECTRIC EMTN FIX 1.500% 24.03.2028 | 0,75 |
| LANDBK HESSEN-THUERINGEN EMTN FIX 2.625% 24.08.2027 | 0,71 |
| Total	10,87 |

par duration en % (en fonction de la valeur sur le marché)
| PB., Belg., Autriche Suisse, Scandinavie |  |  | 10,8 | 16,6 | 0 à 1 an |  | 11,5 |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Espagne |  |  | 9,6 |  | 1 à 3 ans | 7,3 |  |  |  |  |  |
| Allemagne |  |  | 8,9 |  | 3 à 5 ans |  |  |  |  | 25,1 |  |
| France Etats-Unis |  | 7,2 | 8,5 |  | 5 à 7 ans |  |  |  | 19,0 |  |  |
| Royaume-Uni Italie | 3,7 | 6,3 |  |  | 7 à 10 ans |  |  |  |  | 22,6 |  |
| Irlande | 3,2 |  |  |  | > 10 ans |  |  | 14,5 |  |  |  |
| Japon | 1,3 |  |  |  |  |  |  |  |  |  |  |
| Portugal | 2,6 |  |  |  |  |  |  |  |  |  |  |
| Lux., Rés. offshores | 2,8 |  |  |  |  |  |  |  |  |  |  |
| Austr., Can., Nvelle Zél. | 1,0 |  |  |  |  |  |  |  |  |  |  |
| Marchés émergents | 2,2 |  |  |  |  |  |  |  |  |  |  |
| Autres développés | 4,2 |  |  |  |  |  |  |  |  |  |  |
| Liqu., Autres, Non dispo. |  |  | 11,0 |  |  |  |  |  |  |  |  |

0	5	10	15	20
n
Fonds
0	10	20	30
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Fonds