# Ostrum Global Inflation Fund
## PORTFOLIO ANALYSIS AS OF 31/10/2022
Indexed bonds	91.2
Cash	8.8
Macaulay Duration	9.0	9.8
Duration	8.9	9.7
SHARE CLASS : R/D (EUR)	
FEES	
All-in-Fee	1.00%
Max. Sales Charge	2.50%
Max. Redemption Charge	-
Minimum Investment	1,000 EUR
Total
Off-balance sheet
100.0
Yield to call %	0.4	0.40
NAV (31/10/2022)
or equivalent
67.48 EUR
<1 Y	0.6	0.0	0.0
1-3 Y	22.9 19.3	0.4	0.4
3-5 Y	12.3 17.0	0.4	0.6
5-7 Y	16.5 16.1	0.9	0.9
7-10 Y	9.4	15.8	0.8	1.3
10-15 Y	4.1	6.6	0.3	0.7
>15 Y	25.3 25.3	6.1	5.8
Cash & cash equivalent	8.8	0.0	0.0
- 3.0	6.7RATING BREAKDOWN	Fund %	Index %

| IRS single currency | 0.0 |
| --- | --- |
| Bond futures | -1.7 |
| Total | -1.7 |
|  |  |
| TOP 10 HOLDINGS | Fund % |
| FRTR 0.250% 07-24 | 10.0 |
| TII 0.250% 01-25 | 9.2 |
| TII 2.000% 01-26 | 5.1 |
| TII 0.375% 01-27 | 3.6 |
| TII 3.625% 04-28 | 3.6 |
| UKTI 0.125% 03-24 | 3.5 |
| TII 0.500% 01-28 | 3.4 |
| TII 0.125% 01-30 | 2.8 |
| TII 3.875% 04-29 | 2.5 |
| FRTR 3.150% 07-32 | 2.2 |
| Total | 45.9 |
| Total number of holdings in portfolio | 70 |


##### AA+	43.4	52.7

##### AA	35.8	30.5

##### A+	3.8	2.7

##### A	0.6	2.6
- 3.7	4.8Short term Rating	0.9	0.0Cash & cash equivalent	8.8	0.0WEIGHTED AVERAGE RATING FACTOR *S&P BreakdownEquivalent to a rating between	AA and AA-* This method assigns a rating factor to each long-term rating (Logarithmic scale) Non-rated securities are excluded from the calculation.

France	15.7	8.3	0.9	0.7
Italy	2.1	4.8	0.0	0.4
Germany	1.2	2.5	0.4	0.2
Japan	3.8	2.7	0.2	0.1
Australia	0.4	1.0	0.1	0.1
Mexico	1.6	-	0.0	-
United Kingdom	21.0	22.2	3.8	3.9
Sweden	-	0.7	-	0.0
New Zealand	0.4	0.5	0.0	0.0
Canada	1.0	1.8	0.2	0.3
Denmark	-	0.3	-	0.0
Last dividend as of 03/10/2022	1.034 EUR 

##### The All-in fee represents the sum of Management fees and Administration fees. For further details, please refer to the definition at the end of the document.

### MANAGEMENT
Management Company
NATIXIS INVESTMENT MANAGERS S.A.
Investment Manager
OSTRUM ASSET MANAGEMENT
A responsible (1) European institutional investment management leader (2), Ostrum Asset Management supports its clients in their liability-driven investments, offering both asset management solutions and investment services.
- Ostrum AM was one of the first French asset manager signatories to the PRI in 2008. More details; www.unpri.org
- IPE Top 500 Asset Managers 2020 ranked Ostrum AM as the 77th largest asset manager, as at 12/31/2019. Any reference to a ranking, a rating or an award provides no guarantee for future performance.

Ostrum Asset Management, a subsidiary of Natixis Investment Managers S.A., is a French asset manager authorized by the Autorité des Marchés Financiers (Agreement No. GP90009) and licensed to provide investment management services in the EU.
Headquarters	Paris
Founded	1984
Spain	0.6	2.6	0.1	0.2
United States	43.4	52.7	3.2	3.8 Cash & cash equivalent		8.8		-	0.0		-
Assets Under Management (Billion)
Portfolio Managers
US $ 408.3 / € 389.5
(30/06/2022)

#### CONTRIBUTION TO MODIFIED DURATION BY ZONE	

##### In % of AuM
Abdel-Rani Guermat : began investment career in 2003; joined Ostrum Asset Management in 2003; has co-managed the Fund since 2016; ESLSCA.
SANSON Isabelle : started her career in a finance en 1985. She joined Ostrum AM in 2006 ; she is a certified engineer from the" Ecole des Mines" in Nancy and holds an MSc in geophysics from Stanford University. Isabelle is an Actuary and a member of the French Institute of Actuaries (Paris).
- Fund	
- 
- IndexSource: Natixis Investment Managers International unless otherwise indicatedDue to active management, portfolio characteristics are subject to change. References to specific securities or industries should not be considered a recommendation.


#### INFORMATION
Prospectus Enquiries

##### E-mail	ClientServicingAM@natixis.com

Translation (ENES, 2022-10-31):
# Ostrum Global Inflation Fund
## ANÁLISIS DE LA CARTERA DE 31/10/2022
CARACTERÍSTICAS	Fondo	Índice
ASIGNACIÓN DE ACTIVOS	Fondo %
Total	
Duration	9,0	9,8
Sensibilidad	8,9	9,7
10 PRIMERAS POSICIONES	Fondo %

###### FRTR 0.250% 07-24	10,0

###### TII 0.250% 01-25	9,2
Rendimiento sobre próxima amortización %
0,4	0,40
| TII 2.000% 01-26 |  | 5,1 |
| --- | --- | --- |
| TII 0.375% 01-27 |  | 3,6 |
| TII 3.625% 04-28 |  | 3,6 |
| UKTI 0.125% 03-24 |  | 3,5 |
| TII 0.500% 01-28 |  | 3,4 |
| TII 0.125% 01-30 |  | 2,8 |
| TII 3.875% 04-29	2,5 FRTR 3.150% 07-32	2,2 Total	45,9 Número de líneas en cartera	70 |

| ASIGNACIÓN POR	Fondo %	Indice % CALIFICACIÓN |
| --- |
| AAA | 3,0 | 6,7 |
| AA+ | 43,4 | 52,7 |
| AA | 35,8 | 30,5 |
| A+ | 3,8 | 2,7 |
| A | 0,6 | 2,6 |
| BBB | 3,7 | 4,8 |
| Calificación a corto plazo	0,9	0,0 Tesorería	8,8	0,0 |

<1 año
0,6	0,0
0,0
Nomenclatura S&P
COEFICIENTE DE CALIFICACIÓN COMO MEDIA PONDERADA *
| 1-3 años | 22,9 | 19,3 | 0,4 | 0,4 | Equivalente a una nota comprendida entre |
| --- | --- | --- | --- | --- | --- |
| 3-5 años | 12,3 | 17,0 | 0,4 | 0,6 |  |

AA y AA-
5-7 años	16,5 16,1	0,9	0,9
7-10 años	9,4	15,8	0,8	1,3
10-15 años	4,1	6,6	0,3	0,7
>15 años	25,3 25,3	6,1	5,8
Tesorería	8,8	0,0	0,0

###### * Según este método, se vincula un coeficiente de calificación a cada calificación crediticia a largo plazo (escala logarítmica) Los valores no calificados se excluyen del cálculo.
Francia	15,7	8,3	0,9	0,7
US $ 408.3 / € 389.5
(30/06/2022)
Activos gestionados (mil mill.)
Italia	2,1	4,8	0,0	0,4
Alemania	1,2	2,5	0,4	0,2
Japón	3,8	2,7	0,2	0,1
Gestores del Fondo
Abdel-Rani Guermat: titulado por la ESLSCA (París), comenzó su carrera en el sector de la inversión en 2003, año en el que se incorporó a Ostrum Asset Management. Desde 2016, dirige el Fondo de
Australia	0,4	1,0	0,1	0,1
México	1,6	-	0,0	-
Reino Unido	21,0	22,2	3,8	3,9
Suecia	-	0,7	-	0,0
Nueva Zelanda	0,4	0,5	0,0	0,0
| Canadá | 1,0 | 1,8 | 0,2 | 0,3 | manera conjunta. |
| --- | --- | --- | --- | --- | --- |
| Dinamarca | - | 0,3 | - | 0,0 |  |
| España | 0,6 | 2,6 | 0,1 | 0,2 |  |
| Estados Unidos | 43,4 | 52,7 | 3,2 | 3,8 |  |
| Tesorería | 8,8 | - | 0,0 | - |  |


#### CONTRIBUCIÓN A LA SENSIBILIDAD POR ÁREA	

###### en % del patrimonio neto
- Fondo	
- 
- ÍndiceFuente : Natixis Investment Managers International a menos que se indique lo contrarioINFORMACIÓNConsultas sobre el folletoCorreo electrónico	ClientServicingAM@natixis.comDebido a la gestión activa, las características de la cartera están sujetas a cambio. Las referencias a valores o sectores específicos no deben considerarse como una recomendación.