# Equity Component
### Geographic breakdown
(%ofbondcomponent)
FRA
43.0%

### Sector breakdown (GICS)
(%ofbondcomponent)
Banks
21.9%

### Geographic breakdown
(%ofequitypocket)
FRA
32.2%

### Sector breakdown (GICS)
(%ofequitypocket)
IT
23.0%
ESPDEUITAGBRUSASWENLDCHEDNK
Others
10.8%
10.2%
8.1%
5.2%
4.7%
4.1%
3.0%
2.4%
2.1%
6.0%
Source:LFDE
IndustryComm.Serv.Cons.discr.
UtilitiesHealthCare
IT
MaterialsInsuranceDivers.Finan.Cons.staplesRealEstate
14.4%
12.8%
9.8%
9.4%
8.0%
7.5%
6.3%
3.6%
3.3%
2.4%
0.6%
Source:Bloomberg
USADEUGBRSWENLDTWNESPDNKIRL
Others
16.4%
13.2%
11.8%
7.5%
5.4%
3.2%
3.2%
2.9%
2.6%
1.6%
Source:LFDE
Comm.Serv.Cons.discr.
UtilitiesIndustryDivers.Finan.
BanksMaterialsCons.staplesHealthCareInsurance
14.2%
12.0%
10.2%
9.6%
9.0%
6.9%
5.9%
3.2%
3.1%
2.9%
Source:Bloomberg
| Holdings | Country | Weight(%ofthefund) |
| --- | --- | --- |
| Microsoft | USA | 1.2 |
| Engie | FRA | 1.1 |
| DeutscheTelekom | DEU | 1.0 |
| BNPParibas | FRA | 1.0 |
| LondonSE | GBR | 1.0 |
| Equitypocketprofile |  |
| NumberofEquities | 33 |
| EV/Sales2022 | 4.1 |
| PER2022 | 19.1 |
| Yield | 3.6% |
| Medianmarketcapitalization(M€) | 48,373 |
| Capitalizationbreakdown(€) (%ofequitypocket) |  |


### Top holdings	Top holdings
| Holdings | Country | Weight(%ofthefund) |
| --- | --- | --- |
| Iberdrola1.874%12/99 | ESP | 1.1 |
| CMArkea0.75%01/30 | FRA | 1.0 |
| Visa1.5%06/26 | USA | 1.0 |
| BNP6.875%12/99 | FRA | 1.0 |
| Orange5.25%12/99 | FRA | 0.9 |

Bondpocketprofile
NumberofBonds138Fixedratebonds87.6%
Duration*3.3Floatingratebonds1.1%
Modifiedduration*3.2Convertiblebonds11.4%
Yieldtoworst*5.4%
Yield(allcallsexercised)*14.8%
Ratingbreakdown(%ofbondcomponent*)
39.4%
*excludingconvertiblebonds
AAA&AAABBBBBB<B-Nonrated

#### Investment grade	High Yield
*excludingconvertiblebonds.Source:LFDE

### Fixed rate bonds maturity breakdown

#### (calculation carried out at the next call date)
<1year>1and<3years>3and<6years>6years
>10Bn
1Bn-10Bn
89.6%

##### 14.2%	37.1%	38.7%	10.1%
Source:LFDE
Source:LFDE
Environment
ESGData
(sourceLaFinancièredel'EchiquierandMSCIESGResearch)
| NumberofissuerscoveredbytheESGanalysis | Fund 114 | Investmentuniverse 2017 |
| --- | --- | --- |
| %ofpositionscoveredbytheESGanalysis | 100% | 73% |
| WeightedAverageESGrating | 6.8/10 | 6.2/10 |

|  | 7.0 |  | 7.2 |  |  |
| --- | --- | --- | --- | --- | --- |
| 6.6 |
|  | 6.2 |  | 6.0 |  |  |
|  |  | 5.2 |  |  |
|  |  |  |  |
|  |  |  |  |
|  |  |  |  |
|  |  |  |  |

Social
Governance
Humanrights

Translation (ENIT, 2022-09-30):
# Componente azionaria
### Ripartizione geografica
(%dellacomponenteobbligazionaria)

### Ripartizione settoriale (GICS)
(%dellacomponenteobbligazionaria)

### Ripartizione geografica
(%dellacomponenteazionaria)

### Ripartizione settoriale (GICS)
(%dellacomponenteazionaria)
FRAESPDEUITAGBRUSASWENLDCHEDNK
Altri
10,8%
10,2%
8,1%
5,2%
4,7%
4,1%
3,0%
2,4%
2,1%
6,0%
43,0%
BancheIndustriaServ.dicom.Cons.discr.
UtilitiesAssist.sanitaria
IT
MaterialiAssicur.Serv.finanz.
Cons.dibaseInvest.immo.
14,4%
12,8%
9,8%
9,4%
8,0%
7,5%
6,3%
3,6%
3,3%
2,4%
0,6%
21,9%
FRAUSADEUGBRSWENLDTWNESPDNKIRL
Altri
16,4%
13,2%
11,8%
7,5%
5,4%
3,2%
3,2%
2,9%
2,6%
1,6%
32,2%
IT
Serv.dicom.Cons.discr.
UtilitiesIndustriaServ.finanz.
BancheMaterialiCons.dibase
Assist.sanitaria
Assicur.
14,2%
12,0%
10,2%
9,6%
9,0%
6,9%
5,9%
3,2%
3,1%
2,9%
23,0%

### Principali posizioni
Fonte:LFDE
Fonte:Bloomberg

### Principali posizioni
Fonte:LFDE
Fonte:Bloomberg
| Titoli | Paese | Pesoin%delfondo |
| --- | --- | --- |
| Iberdrola1.874%12/99 | ESP | 1,1 |
| CMArkea0.75%01/30 | FRA | 1,0 |
| Visa1.5%06/26 | USA | 1,0 |
| BNP6.875%12/99 | FRA | 1,0 |
| Orange5.25%12/99 | FRA | 0,9 |

| Titoli | Paese | Pesoin%delfondo |
| --- | --- | --- |
| Microsoft | USA | 1,2 |
| Engie | FRA | 1,1 |
| DeutscheTelekom | DEU | 1,0 |
| BNPParibas | FRA | 1,0 |
| LondonSE | GBR | 1,0 |
| Profilodellacomponenteazionaria |  |
| Numerodiazioni | 33 |
| EV/Fatt.2022 | 4,1 |
| PER2022 | 19,1 |
| Rendimento | 3,6% |
| Capitalizzazionemediana(M€) | 48373 |
| Ripartizionepercapitalizzazione(€) (%dellacomponenteazionaria) |  |


### Profilo della componente obbligazionaria
Numerodiobbligazioni138Obblig.tassofisso87,6%Duration*3,3Obblig.tassovariabile1,1%
Sensibilitàtassi*3,2Convertibili11,4%
Yieldtoworst*5,4%
Rendimento(tuttelecall)*14,8%
*alnettodelleobbligazioniconvertibili
Ripartizioneperrating(%dellacomponenteobbligazionaria*)
39,4%
AAA&AAABBBBBB<B-Senza
rating
>10Mds
89,6%
InvestmentgradeHighYield
*alnettodelleobbligazioniconvertibili.Fonte:LFDE

### Ripartizione delle obbligazioni a tasso fisso
(calcoloeffettuatoindatadellaprossimacall)
<1anno>1e<3anni>3e<6anni>6anni
1Md-10Mds

#### 14,2%	37,1%	38,7%	10,1%
Fonte:LFDE
Fonte:LFDE
Ambiente
DatiESG
(fonteLaFinancièredel'EchiquiereMSCIESGResearch)
| Numerodiemittenticopertidall’analisiESG | Fondo 114 | Universodi partenza 2017 |
| --- | --- | --- |
| %dititolicopertidall’analisiESG | 100% | 73% |
| PunteggiomedioESGponderato | 6,8/10 | 6,2/10 |

| Titolo | Paese | Punt. ESG | E | S | G |
| --- | --- | --- | --- | --- | --- |
| DIAGEO | RegnoU. | 8,5 | 7,8 | 8,5 | 8,7 |
| SCHNEIDERELECTRIC | Francia | 8,4 | 9,1 | 7,9 | 8,3 |
| L'OREAL | Francia | 8,2 | 8,2 | 8,4 | 8,1 |
| EDP | Portogallo | 8,1 | 9,5 | 8,4 | 7,7 |
| ALLIANZ | Germania | 8,1 | 7,7 | 7,4 | 8,5 |

Social
Governance
Dirittiumani