# Returns
## Performance evolution (rebased to 100) from 30/09/2011 to 30/09/2021*
180

## Risk analysis (rolling)

### 1 year  3 years  5 years
160
140
|  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
|  |  |  | Portfolio | Benchmark |
|  |  |  | Yield | 4.07% | 3.82% |
| 100 |  |  | Modified duration ¹ Average rating ³ | 4.93 BB- | 7.84 BB+ |

120

### Portfolio volatility	4.89%  12.14%	9.99%

### Benchmark volatility	4.44% 10.15%	8.45% 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.

## Sub-Fund Statistics
09/11
03/12
09/12
03/13
09/13
03/14
09/14
03/15
09/15
03/16
09/16
03/17
09/17
03/18
09/18
80

### Portfolio (150.76)	Benchmark (153.37)

### ¹ Modified duration (in points) estimates a bond portfolio’s percentage price change for 1% change in yield
09/21

### ³ Based on Cash Bonds,CDS and TRS but excludes other types of derivatives. Median Rating calculated of the three agencies: Fitch, Moody's and Standard & Poor's.
03/19
09/19
03/20
09/20
03/21
A : Simulation based on the performance from December 07, 1998 to May 26, 2014 of the French Fund "Amundi Oblig Emergents" managed by Amundi and absorbed by Amundi Funds Bond Global Emerging Hard Currency on May 27, 2014.

### B : During this period, the sub-fund was managed based on a different investment policy than the one currently in force.

### C : During this period, the sub-fund was managed based on a different investment policy than the one currently in force.

### D : Since the beginning of this period, the sub-fund applies the current investment policy.

## Cumulative Returns *
|  | YTD | 1 month | 3 months | 1 year | 3 years | 5 years | Since |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Since | 31/12/2020 | 31/08/2021 | 30/06/2021 | 30/09/2020 | 28/09/2018 | 30/09/2016 | 07/12/1998 |
| Portfolio | -2.41% | -1.63% | -0.61% | 4.07% | 7.81% | 4.31% | 337.68% |
| Benchmark | -2.06% | -2.18% | -0.93% | 3.25% | 10.80% | 8.57% | 450.60% |
| Spread | -0.36% | 0.55% | 0.32% | 0.83% | -2.99% | -4.26% | -112.92% |
| Calendar year performance * |
|  | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
| Portfolio | 3.48% | 10.22% | -9.67% | 8.65% | 9.30% | -1.49% | 5.93% | -4.72% | 21.89% | 4.00% |
| Benchmark | 3.50% | 11.66% | -7.04% | 8.21% | 8.32% | 0.74%	7.09%	-5.58% | 16.82% | 7.39% |
| Spread | -0.02% | -1.44% | -2.63% | 0.44% | 0.98% | -2.23%	-1.17%	0.85% | 5.06% | -3.39% |

* 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 (ENIT, 2021-09-30):
# Performance
## Evoluzione della performance (base 100) * dal 30/09/2011 al 30/09/2021
180

## Indicatore(i) rolling

### 1 anno	3 anni	5 anni
160
140
120
100
09/11
03/12
09/12
03/13
09/13
03/14
09/14
03/15
09/15
03/16
09/16
03/17
09/17
03/18
03/19
09/19
03/20
09/20
03/21
09/21
80
09/18

### Portafoglio (150,76)	Benchmark (153,37)

### Volatilità	4,89%	12,14%	9,99%

### Benchmark	4,44%	10,15%	8,45% La volatilità è un indicatore statistico che misura l’ampiezza delle variazioni di un portafoglio rispetto alla sua media.

### Esempio: variazioni giornaliere di +/- 1,5% sui mercati

### corrispondono ad una volatilità annua del 25%.

## Indicatori

### Portafoglio	Benchmark

### Yield	4,07%	3,82%

### Duration (in anni) ¹	4,93	7,84

### Rating medio ³	BB-	BB+

### ¹ La Modified Duration (in punti) rappresenta la variazione percentuale del prezzo a fronte di un’evoluzione dell’1% del tasso di riferimento.

### ³ Basato sulle obbligazioni,TRS e sui CDS, eccetto qualunque altro derivato. Rating mediano delle tre agenzie: Fitch, Moody's, Standard & Poor's.
A : Simulazioni basate sulla performance dal 7 dicembre 1998 al 26 maggio 2014 del Fondo francese "Amundi Oblig Emergents" gestito da Amundi e assorbito da Amundi Funds Bond Global Emerging Hard Currency il 27 maggio 2014.

### B : In questo periodo, il Comparto era gestito sulla base di una politica d'investimento diversa da quella attualmente in vigore.

### C : In questo periodo, il Comparto era gestito sulla base di una politica d'investimento diversa da quella attualmente in vigore.

### D : Dall'inizio di questo periodo, il Comparto applica la politica d'investimento corrente.

# *
Da inizio anno		1 mese	 3 mesi	1 anno	 3 anni	 5 anni	Da inizio gestione A partire dal	31/12/2020	31/08/2021 30/06/2021 30/09/2020 28/09/2018 30/09/2016	07/12/1998 Portafoglio		-2,41%		 -1,63%	-0,61%	 4,07%	7,81%	4,31%			337,68%

### Benchmark	-2,06%	-2,18%	-0,93%	3,25%	10,80%	8,57%	450,60%

### Scostamento	-0,36%	0,55%	0,32%	0,83%	-2,99%	-4,26%	-112,92%

# annuale *
|  | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portafoglio | 3,48% | 10,22% | -9,67% | 8,65% | 9,30% | -1,49% | 5,93% | -4,72% | 21,89% | 4,00% |
| Benchmark | 3,50% | 11,66% | -7,04% | 8,21% | 8,32% | 0,74% | 7,09% | -5,58% | 16,82% | 7,39% |
| Scostamento | -0,02% | -1,44% | -2,63% | 0,44% | 0,98% | -2,23% | -1,17% | 0,85% | 5,06% | -3,39% |

* Le performance (cumulate) sono al lordo degli oneri fiscali e al netto di costi/commissioni. Le performance riportate si riferiscono a periodi completi di 12 mesi per ciascun anno civile. Le performance passate non sono indicative delle performance future. Il valore degli investimenti può variare al rialzo o al ribasso in base all'evoluzione dei mercati.