# Returns (Source: Fund Admin) - Past performance does not predict future returns
## Performance evolution (rebased to 100) from 30/09/2017 to 30/09/2022* (Source: Fund Admin)	Risk analysis (rolling) (Source: Fund Admin)
| 300 |  |  | 1 year | 3 years | 5 years |
| --- | --- | --- | --- | --- | --- |
|  |  | Portfolio volatility | 23.80% | 23.41% | 20.39% |
| 250 |  | Benchmark volatility | 26.37% | 25.19% | 22.04% |

200
150

### 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.
100
09/17
03/18
09/18
03/19
09/19
03/20
09/20
03/21
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03/22
09/22
50

### Portfolio (143.70)	Benchmark (174.75)

## Cumulative Returns * (Source: Fund Admin)
|  | YTD | 1 month | 3 months | 1 year | 3 years | 5 years | 10 years | Since |  | THERMO FISHER SCIENTIFIC INC | 3.70% |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Since | 31/12/2021 | 31/08/2022 | 30/06/2022 | 30/09/2021 | 30/09/2019 | 30/09/2017 | 30/09/2012 | 12/12/2008 |  | QUALCOMM INC | 3.65% |
| Portfolio | -27.84% | -8.88% | -3.66% | -21.00% | 16.75% | 43.70% | 148.32% | 384.43% |  | SCHLUMBERGER NV | 3.23% |
| Benchmark | -30.80% | -9.74% | -3.67% | -22.79% | 34.45% | 74.75% | 247.19% | 576.80% |  | Total | 47.79% |
| Spread | 2.96% | 0.86% | 0.01% | 1.79% | -17.70% | -31.05% | -98.86% | -192.37% |  | The  holdings  listed  should | not  be  considered |
| The following information is additional to, and should be read only in conjunction with, the performance data presented above.	recommendations to buy or sell any particular security listed. Calendar year performance * (Source: Fund Admin) |
|  | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |  |
| Portfolio | 20.94% | 23.82% | 31.34% | -2.58% | 20.54% | 1.39% | 4.04% | 11.25% | 30.59% | 12.04% |  |
| Benchmark | 27.32% | 38.08% | 35.88% | -1.89% | 29.67% | 6.56% | 5.19% | 12.54% | 32.83% | 14.68% |  |
| Spread | -6.38% | -14.26% | -4.54% | -0.69% | -9.13% | -5.17% | -1.14% | -1.29% | -2.24% | -2.64% |  |

* Source: Fund Admin. 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. The value of investments may vary upwards or downwards according to market conditions.

Translation (ENES, 2022-09-30):
# Rentabilidades (Fuente: Fund Admin) - El rendimiento pasado no garantiza los resultados futuros
| Evolución de la rentabilidad (base 100) * (Fuente: Fund Admin)	Indicadores de Riesgo (Fuente : Fund Admin) |
| --- |
| 300 |  |  | 1 año | 3 años | 5 años |
|  |  | Volatilidad de la cartera | 23,80% | 23,41% | 20,39% |
| 250 |  | Volatilidad del índice | 26,37% | 25,19% | 22,04% |
| La volatilidad es un indicador estadístico que mide la amplitud de las variaciones de un activo respecto a su 200	 media. Ejemplo: unas variaciones diarias de +/- 1,5% en los mercados corresponden a una volatilidad anual del 25%. |

| 150 100 50 Cartera (143,70)	Indice (174,75) Rentabilidades * (Fuente: Fund Admin) | Indicadores (Fuente : Amundi) Número de líneas en cartera38 Top 10 emisores (% del activo, fuente : Amundi) Cartera MICROSOFT CORP	7,46% ALPHABET INC	6,82% AMAZON.COM INC	6,27% APPLE INC	4,54% MASTERCARD INC	4,36% PEPSICO INC	3,98% ELI LILLY & CO	3,78% |
| --- | --- |
|  | Desde el | 1 mes | 3 meses | 1 año | 3 años | 5 años | 10 años | Desde el | THERMO FISHER SCIENTIFIC INC | 3,70% |
| Desde el | 31/12/2021 | 31/08/2022 | 30/06/2022 | 30/09/2021 | 30/09/2019 | 30/09/2017 | 30/09/2012 | 12/12/2008 | QUALCOMM INC | 3,65% |
| Cartera | -27,84% | -8,88% | -3,66% | -21,00% | 16,75% | 43,70% | 148,32% | 384,43% | SCHLUMBERGER NV | 3,23% |
| Índice | -30,80% | -9,74% | -3,67% | -22,79% | 34,45% | 74,75% | 247,19% | 576,80% | Total | 47,79% |
| Diferencia | 2,96% | 0,86% | 0,01% | 1,79% | -17,70% | -31,05% | -98,86% | -192,37% | Los  valores  mencionados  no | deben  considerarse |
| La siguiente información es adicional y solo debe leerse junto con los datos de rendimiento presentados anteriormente.	recomendaciones para comprar o vender ningún valor en Rentabilidades anuales * (Fuente: Fund Admin)	 particular. |
|  | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |  |
| Cartera | 20,94% | 23,82% | 31,34% | -2,58% | 20,54% | 1,39% | 4,04% | 11,25% | 30,59% | 12,04% |  |
| Índice | 27,32% | 38,08% | 35,88% | -1,89% | 29,67% | 6,56% | 5,19% | 12,54% | 32,83% | 14,68% |  |
| Diferencia | -6,38% | -14,26% | -4,54% | -0,69% | -9,13% | -5,17% | -1,14% | -1,29% | -2,24% | -2,64% |  |

* Fuente : Fund Admin. Las rentabilidades siguientes cubren períodos completos de 12 meses para cada año natural. El valor de las inversiones puede variar al alza o a la baja en función de la evolución de los mercados.