OVHaiLLM/Flipper huggingface dataset:
# General information
Typically higher reward
Bloomberg Global Aggregate Corporate (USD), an index that does not take into account environmental, social and governance (ESG) factors. Used for risk monitoring, performance objective and performance measurement.

## PORTFOLIO ASSETS
The Compartment mainly invests in a broad range of corporate bonds, including convertible bonds, that may be denominated in euro (EUR) or US dollar (USD) or in any other currency, and are typically hedged to USD
(meaning investments have little or no exposure to currency risk). The Compartment invests worldwide, including emerging markets, and
can invest across any sector and credit quality.
element of its strategy by seeking to invest mainly in economic activities that contribute to an environmental and social objective whilst avoiding activities that adversely affect society or the environment. Voting rights are methodically exercised and there may be engagement with companies to
positively influence ESG practices. For further information, please refer to our exclusion framework in the Responsible Investment policy*, SFDR product category Article 9. The performance of the Compartment is likely to be significantly different from that of the benchmark, because the Investment Manager
has significant discretion to deviate from its
Legal form	Sub-fund of a SICAV Regulatory status		UCITS
Domicile	Luxembourg
Inception date20.04.2021
Launch date20.04.2021
Share class currency	USD
Compartment currency		USD Dividend	Accumulated
ISIN	LU2317078082
Bloomberg	PIGSCZU LX
Reference index	
Bloomberg Global Aggregate
Corporate Hedged to USD
Order deadline	T CET 15:00
Billing date	Order date + 1

## INVESTMENT PROCESS
In actively managing the Compartment, the
securities and weightings.
Settlement date (subscription)
T+3
investment manager uses a combination of

Translation (ENIT, 2022-10-31):
# Informazioni di carattere generale
Forma giuridica	Comparto di una SICAV
Status normativo	OICVM
Domicilio	Lussemburgo
Data di inizio20.04.2021
Data di lancio20.04.2021
Valuta della categoria di azioni	USD
Valuta del comparto		USD Dividendo	Accumulato
ISIN	LU2317078082
Bloomberg	PIGSCZU LX
Indice di riferimento	
Bloomberg Global Aggregate
Corporate Hedged to USD
tutto il mondo, inclusi i mercati emergenti, e può investire in qualsiasi settore e qualità di
notevolmente diverse da quelle del benchmark, poiché il Gestore degli investimenti ha ampio
Termine ultimo
dell’ordine
T CET 15:00
credito.
potere discrezionale per scostarsi dai titoli e
Data di fatturazione	Data ordine + 1

## PROCESSO D'INVESTIMENTO
Nella gestione attiva del Comparto, il gestore
dalle ponderazioni di quest’ultimo.
Data di regolamento (sottoscrizione)
T+3
degli investimenti utilizza una combinazione di
Calcolo del NAV	Giornaliero
Orizzonte min. d'investimento3
(anno(i))
# Risk category SRI2
### environmental, social and governance	sustainability risks and/or to decrease	

### (ESG) factors. Used for performance measurement.

### PORTFOLIO ASSETS

### The Compartment mainly invests in a broad range of bonds, including convertible bonds, money market
instruments, equities and deposits. The Compartment may invest in Mainland China and in emerging markets. The Compartment invests worldwide, and can invest across any sector, currency and credit quality.

### INVESTMENT PROCESS

### In actively managing the Compartment, the investment manager uses a

### risk-managed approach to seek additional performance opportunities,
the weight of securities with high sustainability risks, subject to good governance practices. Activities that adversely affect society or the environment are also avoided. Voting rights are methodically exercised and there may be engagement with

### companies to positively influence ESG practices. For further information, please refer to our exclusion framework in the Responsible Investment policy*, SFDR product category Article 8.

### The portfolio composition is not constrained relative to the benchmark, so the similarity of the compartment's performance to that of the benchmark may vary.

###   1	2  
3 

###   4	5	6	7 

### Lower risk	Higher risk

Translation (ENIT, 2023-07-31):
# Categoria di rischio SRI2
### e di governance (ESG). Utilizzato per la	peso di quelli con rischi di sostenibilità	

### misurazione della performance.

### ATTIVI DEL PORTAFOGLIO

### Il Comparto investe principalmente

### elevati, soggetti a buone prassi di governance. Si evitano inoltre attività che influiscono negativamente sulla

###   1	2  
3 

###   4	5	6	7 
in un'ampia gamma di obbligazioni, incluse obbligazioni convertibili, strumenti del mercato monetario, azioni e depositi. Il Comparto può investire nella Cina Continentale e in mercati emergenti. Il Comparto investe in tutto
società o sull’ambiente. Si esercitano metodicamente i diritti di voto e può esservi un coinvolgimento con società mirato a influire positivamente sulle prassi ESG. Per ulteriori informazioni, si inviita a fare riferimento alla nostra

### Rischio più basso
## Sector breakdown (% of asset)
Financials	
23.88
Information Technology
Consumer Discretionary
Industrials	
9.42
Materials	
6.95
Consumer Staples	
6.27
21.19
16.79
Communication
Services
Real Estate	
3.83
Health Care 
1.54
Other 
1.49
Cash	
2.93
5.70

Translation (ENIT, 2023-01-31):
## Ripartizione settoriale (% del patrimonio)
Finanziari	
23.88
IT	
21.19
Beni di consumo
durevoli
Industriali	
9.42
Materie prime	
6.95
Beni di prima necessità	
6.27
16.79
Servizi di comunicazione
Settore immobiliare	
3.83
Salute 
1.54
Altri 
1.49
Liquidità	
2.93
5.70
## Proxy voting
73 votable meetings
Management resolutions
77%
Weak
0	2	4	6	8	10  12  14  16  18  20  22  24
	Portfolio	Reference index	
Not applicable: portfolio 6.26% / reference index 0.20% Not covered: portfolio 43.92% / reference index 39.70%
Source: Pictet Asset Management, ISS, January 2023
in favour of all resolutions
against or abstained / withhold at least one resolution
56%
44%
0%	20%  40%  60%  80%  100%  120%
Shareholder resolutions
100%
0%	20%  40%  60%  80%  100%  120%
voted for
vote abstained against
Source: Pictet Asset Management, ISS, data of 2022

Translation (ENIT, 2023-01-31):
## Voto per delega
73 riunioni votabili
Delibere di gestione
77%
Scarso
0	2	4	6	8	10  12  14  16  18  20  22  24
	Portafoglio	Indice di riferimento	
Non applicabile: % del portafoglio 6.26 / % dell’indice di riferimento 0.20 Non coperto: % del portafoglio 43.92 / % dell’indice di riferimento 39.70
Fonte: Pictet Asset Management, ISS, gennaio 2023
voto favorevole a tutte le delibere
voto contrario o
astenuto / respingimento di una o più delibere
56%
44%
0%	20%  40%  60%  80%  100%  120%
Delibere degli azionisti
100%
0%	20%  40%  60%  80%  100%  120%
votato a favore astensione
voto contrario
Fonte: Pictet Asset Management, ISS, dati del 2022
# Maturity profile (% of asset)
more than 10 years
42.75
7 to 10 years 
15.12
5 to 7 years 
10.56
3 to 5 years
21.62
1 to 3 years 
5.64
< 1 year 
4.00
0	5	10	15	20	25	30	35	40	45

Translation (ENIT, 2022-11-30):
# Profilo di scadenza (% del patrimonio)
10 anni e +
42.75
7 - 10 anni 
15.12
5 - 7 anni 
10.56
3 - 5 anni
21.62
1 - 3 anni 
5.64
< 1 anno 
4.00
0	5	10	15	20	25	30	35	40	45
## Sector breakdown (% of asset)
Enabling Technologies	
43.45
Energy Efficiency	
31.48
Renewables	
23.16
Enabling
Synopsys Inc	3.93
Infrastructure
0.64
Albemarle Corp	3.92
Analog Devices Inc	3.90
Nxp Semiconductors Nv	3.86
Marvell Technology Inc	3.47

Translation (ENIT, 2023-01-31):
## Ripartizione settoriale (% del patrimonio)
Tecnologie abilitanti	
43.45
Efficienza energetica	
31.48
L'energia rinnovabile	
23.16
Infrastrutture di
Synopsys Inc	3.93
supporto
0.64
Albemarle Corp	3.92
Analog Devices Inc	3.90
Nxp Semiconductors Nv	3.86
Marvell Technology Inc	3.47
#### AS AT END OF JANUARY 2023 (OVER 3 YEARS)
Alpha	0.73
Beta	1.24
Annualised volatility (%)	26.00
Information Ratio	0.18
Sharpe Ratio	0.39
Correlation	0.86
Source: Pictet Asset Management

Translation (ENIT, 2023-01-31):
#### A FINE GENNAIO 2023 (SUPERIORE A 3 ANNI)
Alfa	0.73
Beta	1.24
Volatilità annualizzata (%)	26.00
Information ratio	0.18
Indice di Sharpe	0.39
Correlazione	0.86
Fonte: Pictet Asset Management
# Portfolio characteristics
AS AT END OF JANUARY 2023 (OVER 3 YEARS)
Alpha	-8.50
Beta	1.01
Annualised volatility (%)	21.98
Information Ratio	-1.23
Sharpe Ratio	-0.13
Correlation	0.95
Source: Pictet Asset Management

Translation (ENIT, 2023-01-31):
## Caratteristiche del portafoglio
A FINE GENNAIO 2023 (SUPERIORE A 3 ANNI)
Alfa	-8.50
Beta	1.01
Volatilità annualizzata (%)	21.98
Information ratio	-1.23
Indice di Sharpe	-0.13
Correlazione	0.95
Fonte: Pictet Asset Management
Great Britain	
5.17
Germany 
3.93
Switzerland 
3.28
France 
3.28
Singapore 
3.22
Japan 
1.70
Netherlands 
1.08
Finland	
0.95
Others 
2.72
Cash	
0.00
0	10	20	30	40	50	60	70	80
Source: Pictet Asset Management

Translation (ENIT, 2023-01-31):
Gran Bretagna 
5.17
Germania 
3.93
Svizzera 
3.28
Francia 
3.28
Singapore 
3.22
Giappone 
1.70
Olanda	
1.08
Finlandia	
0.95
Altro 
2.72
Liquidità  
0.00
0	10	20	30	40	50	60	70	80
Fonte: Pictet Asset Management
# Top 10 Holdings (% of asset)
### Taiwan Semiconductor Manufac	8.16

### Tencent Holdings Ltd	5.47

### Alibaba Group Holding Ltd	3.91

### Samsung Electronics Co Ltd	3.01

### Sk Hynix Inc	2.99

### B3 Sa-Brasil Bolsa Balcao	2.71

### Hdfc Bank Limited	2.36

### Bank Rakyat Indonesia Perser	2.27

### Emaar Properties Pjsc	2.25

### Pdd Holdings Inc	2.22
Risk Country (% of asset)

### China Taiwan South Korea

### India Brazil Mexico Indonesia

### Saudia Arabia United Arab Emirates

### Others

### Cash

### 0	5	10	15	20	25	30	35

### Source: Pictet Asset Management

Translation (ENIT, 2023-07-31):
# 10 posizioni principali (% del patrimonio)
### Taiwan Semiconductor Manufac	8.16

### Tencent Holdings Ltd	5.47

### Alibaba Group Holding Ltd	3.91

### Samsung Electronics Co Ltd	3.01

### Sk Hynix Inc	2.99

### B3 Sa-Brasil Bolsa Balcao	2.71

### Hdfc Bank Limited	2.36

### Bank Rakyat Indonesia Perser	2.27

### Emaar Properties Pjsc	2.25

### Pdd Holdings Inc	2.22
Rischio associato al paese (% del patrimonio)

### Cine Taiwan

### Corea Del Sud

### India Brasile Messico Indonesia Arabia Saudita

### Emirati Arabi Uniti

### Altro Liquidità

### 0	5	10	15	20	25	30	35

### Fonte: Pictet Asset Management
## Maturity profile (% of asset)
5 to 7 years	
6.05
3 to 5 years	
24.65
1 to 3 years	
46.01
< 1 year	
23.28
0	10	20	30	40	50

Translation (ENIT, 2023-01-31):
## Profilo di scadenza (% del patrimonio)
5 - 7 anni	
6.05
3 - 5 anni	
24.65
1 - 3 anni	
46.01
< 1 anno	
23.28
0	10	20	30	40	50
# Investment overview
### OBJECTIVE

### To increase the value of your investment, through income and investment growth.

### the best risk-adjusted returns relative to the benchmark. The Compartment's management approach uses strict risk controls. The investment manager considers ESG factors a

Translation (ENIT, 2022-11-30):
# Panoramica dell’investimento
### OBIETTIVO

### Incrementare il valore del vostro investimento mediante una crescita dell'investimento e del reddito.

### rendimenti adeguati al rischio rispetto al benchmark. L'approccio alla gestione del Comparto mantiene uno stretto controllo sul rischio. Il gestore degli investimenti
## Proxy voting
67 votable meetings
Management resolutions
14%
86%
Weak
0	5	10	15	20	25	30
	Portfolio	Reference index	
Not applicable: portfolio 7.22% / reference index 0.23% Not covered: portfolio 37.48% / reference index 32.30%
Source: Pictet Asset Management, ISS, January 2023
in favour of all resolutions
against or abstained / withhold at least one resolution
55%
45%
0%	20%  40%  60%  80%  100%  120%
Shareholder resolutions
100%
0%	20%  40%  60%  80%  100%  120%
voted for against
Source: Pictet Asset Management, ISS, data of 2022

Translation (ENIT, 2023-01-31):
## Voto per delega
67 riunioni votabili
Delibere di gestione
14%
86%
Scarso
0	5	10	15	20	25	30
	Portafoglio	Indice di riferimento	
Non applicabile: % del portafoglio 7.22 / % dell’indice di riferimento 0.23 Non coperto: % del portafoglio 37.48 / % dell’indice di riferimento 32.30
Fonte: Pictet Asset Management, ISS, gennaio 2023
voto favorevole a tutte le delibere
voto contrario o
astenuto / respingimento di una o più delibere
55%
45%
0%	20%  40%  60%  80%  100%  120%
Delibere degli azionisti
100%
0%	20%  40%  60%  80%  100%  120%
votato a favore voto contrario
Fonte: Pictet Asset Management, ISS, dati del 2022
| PORTFOLIO BREAKDOWN |  |
| --- | --- |
| Top 10 Holdings (% of asset) |
| Hermes International | 5.49 |
| Berkshire Hathaway Inc-Cl B | 4.56 |
| Lvmh Moet Hennessy Louis Vui | 4.47 |
| Walmart Inc | 3.95 |
| Oracle Corp | 3.65 |
| Essilorluxottica | 3.51 |
| L'Oreal | 3.47 |
| Comcast Corp-Class A | 3.41 |
| Block Inc | 3.27 |
| Roche Holding Ag-Genusschein | 3.06 |

Translation (ENIT, 2023-01-31):
| COMPOSIZIONE DEL PORTAFOGLIO |  |
| --- | --- |
| 10 posizioni principali (% del patrimonio) |
| Hermes International | 5.49 |
| Berkshire Hathaway Inc-Cl B | 4.56 |
| Lvmh Moet Hennessy Louis Vui | 4.47 |
| Walmart Inc | 3.95 |
| Oracle Corp | 3.65 |
| Essilorluxottica | 3.51 |
| L'Oreal | 3.47 |
| Comcast Corp-Class A | 3.41 |
| Block Inc | 3.27 |
| Roche Holding Ag-Genusschein | 3.06 |
## Portfolio characteristics
AS AT END OF JANUARY 2023 (OVER 3 YEARS)
Alpha	-6.33
Beta	0.92
Annualised volatility (%)	21.49
Information Ratio	-0.82
Sharpe Ratio	-0.08
Tracking error (%)	8.18
Correlation	0.93
Source: Pictet Asset Management

Translation (ENIT, 2023-01-31):
## Caratteristiche del portafoglio
A FINE GENNAIO 2023 (SUPERIORE A 3 ANNI)
Alfa	-6.33
Beta	0.92
Volatilità annualizzata (%)	21.49
Information ratio	-0.82
Indice di Sharpe	-0.08
Tracking error (%)	8.18
Correlazione	0.93
Fonte: Pictet Asset Management
| PORTFOLIO BREAKDOWN |  |
| --- | --- |
| Top 10 Holdings (% of asset) |
| Ferguson Plc | 5.15 |
| Thermo Fisher Scientific Inc | 4.61 |
| Republic Services Inc | 4.57 |
| Danaher Corp | 4.28 |
| Veolia Environnement | 4.26 |
| Xylem Inc | 4.22 |
| American Water Works Co Inc | 4.15 |
| Waste Management Inc | 3.87 |
| Waste Connections Inc | 3.82 |
| Ecolab Inc | 3.59 |
| Risk Country (% of asset) |  |

Translation (ENIT, 2023-07-31):
| COMPOSIZIONE DEL PORTAFOGLIO |  |
| --- | --- |
| 10 posizioni principali (% del patrimonio) |
| Ferguson Plc | 5.15 |
| Thermo Fisher Scientific Inc | 4.61 |
| Republic Services Inc | 4.57 |
| Danaher Corp | 4.28 |
| Veolia Environnement | 4.26 |
| Xylem Inc | 4.22 |
| American Water Works Co Inc | 4.15 |
| Waste Management Inc | 3.87 |
| Waste Connections Inc | 3.82 |
| Ecolab Inc | 3.59 |
| Rischio associato al paese (% del patrimonio) |  |
# Portfolio Breakdown
Top 10 Holdings (% of asset)
Unitedhealth Group Inc5.68
Thermo Fisher Scientific Inc5.67
Sector breakdown (% of asset)	
42.09
Preserving Health

Translation (ENIT, 2022-11-30):
# Composizione del portafoglio
10 posizioni principali (% del patrimonio)
Unitedhealth Group Inc5.68
Thermo Fisher Scientific Inc5.67
Ripartizione settoriale (% del patrimonio)	
42.09
Conservazione della salute
United States
63.96
Great Britain 
9.17
Denmark 
7.81
Japan 
4.09
Switzerland 
3.08
Germany 
2.99
Spain 
1.04
Sweden 
0.93
Others 
2.25
Cash 
4.68
0	10	20	30	40	50	60	70

Translation (ENIT, 2022-11-30):
Stati Uniti d'America
63.96
Gran Bretagna 
9.17
Danimarca 
7.81
Giappone 
4.09
Svizzera 
3.08
Germania 
2.99
Spagna	
1.04
Svezia	
0.93
Altro 
2.25
Liquidità 
4.68
0	10	20	30	40	50	60	70
# ESG labels
The Towards Sustainability label, supported by Febelfin, the Belgian federation of the financial sector, is a quality standard for financial products that are managed with sustainability in mind and are not exposed to low sustainable practices.
Independent supervision by the central labelling agency (CLA) protects the integrity of the quality standard and the label. More information about the label can be found on www.towardssustainability.be. The obtention of this label by the sub-fund does not mean that the sub-fund meets your own sustainability objectives, nor does it mean that the label meets the requirements of future national or European rules. For more information on this subject, you can consult the website www.fsma.be/fr/ finance-durable.

### Nummus.Info is the Certifying Body of Portfolios conforming to the guidelines issued by the Italian Episcopal Conference. Aher an accurate analysis and
a detailed breakdown of the portfolio, the Certification is issued in case of compliance with the filter dedicated to Catholic criteria. All information pertaining to Nummus.Info can be found on the following website: https://www.nummus.info/.

Translation (ENIT, 2023-07-31):
# Marchi ESG
Il marchio Towards Sustainability, sostenuto da Febelfin, la federazione belga del settore finanziario, è uno standard di qualità per i prodotti finanziari gestiti in un’ottica di sostenibilità e non esposti a pratiche poco sostenibili. La supervisione indipendente dell’agenzia centrale di etichettatura (CLA) protegge l’integrità
dello standard di qualità e del marchio. Ulteriori informazioni sul marchio sono disponibili sul sito www.towardssustainability.be. L’attribuzione di questo marchio non significa che il comparto soddisfi i vostri obiettivi di sostenibilità, né che soddisfi i requisiti di future norme nazionali o europee. Per maggiori informazioni su questo argomento, è possibile consultare il sito web www.fsma.be/fr/finance- durable.

### Nummus.Info is the Certifying Body of Portfolios conforming to the guidelines issued by the Italian Episcopal Conference. Aher an accurate analysis and

### a detailed breakdown of the portfolio, the Certification is issued in case of

### compliance with the filter dedicated to Catholic criteria. All information pertaining to Nummus.Info can be found on the following website: https://www.nummus.info/.
## Controversial events (by weight, in %)
None Low Moderate Significant
High Severe
0	5	10	15	20	25	30	35
Portfolio
Not applicable: portfolio 23.17% Not covered: portfolio 0.00%
Source: Pictet Asset Management, Sustainalytics, January 2023

Translation (ENIT, 2023-01-31):
## Eventi controversi (per peso, in %)
Nessuno Basso Moderato Significativo
Elevato
Grave
0	5	10	15	20	25	30	35
Portafoglio
Non applicabile: % del portafoglio 23.17 Non coperto: % del portafoglio 0.00
Fonte: Pictet Asset Management, Sustainalytics, gennaio 2023
# General information
### Legal form	Sub-fund of a SICAV Regulatory status		UCITS

### Domicile	Luxembourg

### Inception date	20.04.2021

### Launch date	20.04.2021

### Share class currency	CHF

### Compartment currency	USD

Translation (ENIT, 2023-07-31):
# Informazioni di carattere generale
### Rischio

### più elevato

### considera i fattori ESG come un elemento core della sua strategia cercando di investire principalmente in

### fondo con quella del benchmark può variare.

### Forma giuridica	Comparto di una SICAV

### Status normativo	OICVM

### Domicilio	Lussemburgo
# Top 10 Holdings (% of asset)
### Visa Inc-Class A Shares	4.19

### Thermo Fisher Scientific Inc	3.75

### Unitedhealth Group Inc	3.73

### Microsoh Corp	3.06

### Schneider Electric Se	2.89

### Asml Holding Nv	2.82

### Kla Corp	2.68

### Roper Technologies Inc	2.62

### Nextera Energy Inc	2.61

### Nxp Semiconductors Nv	2.59
Risk Country (% of asset)

### United States

### France Switzerland

### China Netherlands Denmark Germany Taiwan Sweden Others

### Cash

### 0	10	20	30	40	50	60	70	80

### Source: Pictet Asset Management

Translation (ENIT, 2023-07-31):
# 10 posizioni principali (% del patrimonio)
### Visa Inc-Class A Shares	4.19

### Thermo Fisher Scientific Inc	3.75

### Unitedhealth Group Inc	3.73

### Microsoh Corp	3.06

### Schneider Electric Se	2.89

### Asml Holding Nv	2.82

### Kla Corp	2.68

### Roper Technologies Inc	2.62

### Nextera Energy Inc	2.61

### Nxp Semiconductors Nv	2.59
Rischio associato al paese (% del patrimonio)

### Stati Uniti d'America

### Francia Svizzera

### Cine Olanda Danimarca Germania Taiwan Svezia Altro

### Liquidità

### 0	10	20	30	40	50	60	70	80

### Fonte: Pictet Asset Management
# Risk category SRRI1
#### Lower risk	Higher risk
1
achieving a return in line with money market rates.

## REFERENCE INDEX
EUR German Sovereign 1M, an index that
management approach uses strict risk controls. The investment manager considers ESG factors a core element of its strategy by adopting a best in class approach which seeks to invest in

#### Typically lower reward

Translation (ENIT, 2022-11-30):
# Categoria di rischio ISRR1
Rischio più basso	Rischio più elevato
1
realizzando al contempo un rendimento in linea con i tassi del mercato monetario.

## INDICE DI RIFERIMENTO
Comparto mantiene uno stretto controllo sul rischio. Il gestore degli investimenti considera fattori ESG come un elemento core della sua
Rendimenti tipicamente inferiori
Rendimenti tipicamente più elevati
EUR German Sovereign 1M, un indice che non tiene conto di fattori ambientali, sociali e di governance (ESG). Utilizzato per la misurazione delle prestazioni.
strategia, adottando un approccio orientato che mira a irrobustire il peso di titoli con bassi rischi di sostenibilità e/o ridurre il peso di quelli con rischi di sostenibilità
| PORTFOLIO BREAKDOWN |  |
| --- | --- |
| Top 10 Holdings (% of asset) |
| Tencent Holdings Ltd | 9.37 |
| Alibaba Group Holding Ltd | 8.84 |
| Meituan-Class B | 6.56 |
| Jd.Com Inc - Cl A | 4.84 |
| Pinduoduo Inc-Adr | 4.09 |
| Ping An Insurance Group Co-H | 3.93 |
| China Merchants Bank-H | 3.78 |
| Netease Inc | 3.74 |
| Huazhu Group Ltd | 2.74 |
| China Resources Mixc Lifesty | 2.60 |

Translation (ENIT, 2023-01-31):
| COMPOSIZIONE DEL PORTAFOGLIO |  |
| --- | --- |
| 10 posizioni principali (% del patrimonio) |
| Tencent Holdings Ltd | 9.37 |
| Alibaba Group Holding Ltd | 8.84 |
| Meituan-Class B | 6.56 |
| Jd.Com Inc - Cl A | 4.84 |
| Pinduoduo Inc-Adr | 4.09 |
| Ping An Insurance Group Co-H | 3.93 |
| China Merchants Bank-H | 3.78 |
| Netease Inc | 3.74 |
| Huazhu Group Ltd | 2.74 |
| China Resources Mixc Lifesty | 2.60 |
## Ratings breakdown (% of asset)
AAA	
8.12
AA	
18.34
A	
6.24
BBB	
17.73
BB 
3.31
B 
1.01
CCC	
0.15
CC	
0.10
C	
0.02
NR (incl. cash & eq.)	
44.99
0	10	20	30	40	50

Translation (ENIT, 2023-01-31):
## Ripartizione dei rating (% del patrimonio)
AAA	
8.12
AA	
18.34
A	
6.24
BBB	
17.73
BB 
3.31
B 
1.01
CCC	
0.15
CC	
0.10
C	
0.02
NC (Incl. cash & eq.)	
44.99
0	10	20	30	40	50
# Investment overview
### OBJECTIVE

### To increase the value of your investment, through income and investment growth.

### to build a diversified portfolio of securities it believes offer the best risk-adjusted returns relative to the benchmark. The Compartment's management approach uses strict risk

Translation (ENIT, 2022-11-30):
# Panoramica dell’investimento
### OBIETTIVO

### Incrementare il valore del vostro investimento mediante una crescita dell'investimento e del reddito.

### diversificato di titoli che ritiene offrano i migliori rendimenti adeguati al rischio rispetto al benchmark. L'approccio alla gestione del Comparto mantiene uno