OVHaiLLM/Flipper huggingface dataset:
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2022 | -5.72 | -5.07 | -2.09 | -7.51 | -1.12 | -6.77 | -0.19 | 0.73 | -12.56 | -2.81 |  |  | -36.16 |
| 2021 | 3.07 | -1.02 | -3.53 | 3.49 | 2.21 | -0.13 | -6.34 | 3.32 | -4.52 | 0.37 | -5.57 | -2.91 | -11.60 |
| 2020 | -2.10 | -5.14 | -14.29 | 8.24 | 3.33 | 10.30 | 10.69 | 2.99 | -2.59 | 4.74 | 10.60 | 8.21 | 36.70 |
| 2019 | 8.89 | 2.30 | 1.32 | 3.64 | -8.39 | 8.05 | 0.52 | -4.09 | 1.94 | 4.74 | 1.15 | 7.88 | 30.05 |
| 2018 | 6.27 | -5.12 | -3.47 | -2.51 | -2.02 | -3.19 | 1.09 | -4.08 | -3.06 | -9.95 | 6.67 | -3.89 | -21.89 |
| Performances are in USD |
| The performance represented is historical; past performance is not a reliable indicator of future results and investors may not recover the full amount invested. The value of your investment can go up and down, and you could lose some or all of your invested money. |

Translation (ENIT, 2022-10-31):
| anno | gen | feb | mar | apr | mag | giu | lug | ago | set | ott | nov | dic | Totale |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2022 | -5,72 | -5,07 | -2,09 | -7,51 | -1,12 | -6,77 | -0,19 | 0,73 | -12,56 | -2,81 |  |  | -36,16 |
| 2021 | 3,07 | -1,02 | -3,53 | 3,49 | 2,21 | -0,13 | -6,34 | 3,32 | -4,52 | 0,37 | -5,57 | -2,91 | -11,60 |
| 2020 | -2,10 | -5,14 | -14,29 | 8,24 | 3,33 | 10,30 | 10,69 | 2,99 | -2,59 | 4,74 | 10,60 | 8,21 | 36,70 |
| 2019 | 8,89 | 2,30 | 1,32 | 3,64 | -8,39 | 8,05 | 0,52 | -4,09 | 1,94 | 4,74 | 1,15 | 7,88 | 30,05 |
| 2018 | 6,27 | -5,12 | -3,47 | -2,51 | -2,02 | -3,19 | 1,09 | -4,08 | -3,06 | -9,95 | 6,67 | -3,89 | -21,89 |
| La performance é USD |
| I rendimenti presentati sono passati e non sono indicativi di quelli futuri. Gli investitori potrebbero non recuperare l'intero capitale investito. Il valore degli investimenti può sia aumentare che diminuire e Lei potrebbe perdere parte o la totalità dell'importo investito. |
# Share class details
Key figures	
Material changes	
|  | Fund | Benchmark |
| --- | --- | --- |
| Volatility in %* | 3.00 | 1.58 |
| Correlation* | 0.42 |  |
| Information ratio* | 0.88 |  |
| Tracking error in %* | 2.75 |  |
| Alpha in %* | 2.09 |  |
| Beta* | 0.80 |  |
| * Annualized 3 year data |  |  |

| Last NAV | 106.66 |
| --- | --- |
| Minimum investment | 0 EUR |
| Distribution policy | Accumulating |
| AUM (Million EUR) | 236.46 |
| Share class code | BP-EUR |
| Launch date | 29/01/2019 |
| ISIN | LU1915690595 |
| Sedol | BJJPSJ3 |
| WKN | A2PBWH |
| Bloomberg ticker | NECVBPE LX |
| Swing factor / threshold | No / No |
| Annual management fee | 0.70% |
| Ongoing charges (2021) | 0.92% |

With effect from 14/12/2020, the official reference index of the
  fund is Iboxx Euro Covered Interest Rate 1Y Duration Hedged.
Prior to this date, the fund did not have an official reference index. The fund performance since launch is measured against Iboxx Euro Covered Interest Rate 1Y Duration Hedged. This reference index is used for performance comparison purposes.

Translation (ENIT, 2022-10-31):
# Dettagli del Comparto
Dati Statistici	
Cambiamenti Materiali	
|  | Fondo | Indice |
| --- | --- | --- |
| Volatilità in %* | 3,00 | 1,58 |
| Correlazione* | 0,42 |  |
| Information ratio* | 0,88 |  |
| Tracking Error in %* | 2,75 |  |
| Alfa in %* | 2,09 |  |
| Beta* | 0,80 |  |
| * Dati annualizzati su tre anni |  |  |

| NAV | 106,66 |
| --- | --- |
| Investimento Minimo | 0 EUR |
| Politica di Distribuzione | Ad accumulazione |
| Patrimonio in gestione (Milioni EUR) | 236,46 |
| Share class | BP-EUR |
| Data di lancio | 29/01/2019 |
| ISIN | LU1915690595 |
| Sedol | BJJPSJ3 |
| WKN | A2PBWH |
| Bloomberg ticker | NECVBPE LX |
| Swing factor / threshold | No / No |
| Commissione di gestione | 0,70% |
| Commissioni Correnti (2021) | 0,92% |

A decorrere dal14/12/2020 l’indice di riferimento del Comparto è il
  Iboxx Euro Covered Interest Rate 1Y Duration
Hedged.Precedentemente il fondo non aveva alcun indice di riferimento. Le performance dal lancio sono state misurate rispetto al Iboxx Euro Covered Interest Rate 1Y Duration Hedged.Questo indice di riferimento viene utilizzato per il confronto delle
performance.
# Weighted average carbon intensity
##  Fund	 Benchmark
(In Tons of CO2 equivalent per dollar millions of sales). Source: Data sourced from MSCI Inc. for equities and ISS Ethix for fixed Income. For sovereigns (countries) turnovers is replaced by GDP. Please note that only scope 1 & 2 are taken into consideration, excluding scope 3. The carbon intensity of our fund might therefore appear higher than the benchmark.

Translation (ENIT, 2022-10-31):
# Intensità media ponderata delle emissioni
Fondo	Indice
(in tonnellate di CO2 equivalente per vendite espresse in milioni di dollari). Fonte: Dati provenienti da MSCI Inc. per le azioni e da ISS Ethix per le obbligazioni. Per i titoli sovrani
(nazioni) il livello di fatturato é sostitutito dal PIL. Si tenga conto che solo gli scopi 1 & 2 sono tenuti in considerazione, escludendo lo scopo 3. L'intensitá di carbonio del nostro fondo potrebbe per questo apparire piú alta dell'indice di riferimento.
|  | Fund |  | Benchmark |
| --- | --- | --- | --- |
| Performance | Cumulative | Annualised | Cumulative | Annualised |
| Year To Date | 15.22 |  | 13.84 |  |
| 1 month | 9.97 |  | 11.14 |  |
| 3 months | 12.43 |  | 9.72 |  |
| 1 year | 17.15 | 17.15 | 16.28 | 16.28 |
| 3 years | -11.49 | -3.99 | -4.14 | -1.40 |
| 5 years | 1.69 | 0.34 | 0.98 | 0.20 |
| Since Launch | 35.77 | 4.78 | 33.77 | 4.54 |

Translation (ENIT, 2022-10-31):
|  | Fondo |  | Indice |  |
| --- | --- | --- | --- | --- |
| Performance | Cumulativa | Annualizzata | Cumulativa | Annualizzata |
| Anno corrente | 15,22 |  | 13,84 |  |
| 1 mese | 9,97 |  | 11,14 |  |
| 3 mesi | 12,43 |  | 9,72 |  |
| 1 anno | 17,15 | 17,15 | 16,28 | 16,28 |
| 3 anni | -11,49 | -3,99 | -4,14 | -1,40 |
| 5 anni | 1,69 | 0,34 | 0,98 | 0,20 |
| Dalla data di lancio | 35,77 | 4,78 | 33,77 | 4,54 |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2022 | 8.07 | 2.63 | 14.72 | -9.81 | 3.28 | -17.49 | 4.78 | 7.16 | -4.59 | 9.97 |  |  | 15.22 |
| 2021 | -6.06 | -2.97 | 1.92 | 6.43 | 5.40 | 3.75 | -3.17 | -2.82 | -9.16 | -7.59 | -2.24 | 4.01 | -13.15 |
| 2020 | -5.67 | -14.97 | -33.80 | 7.83 | 4.15 | 6.42 | 11.95 | -6.22 | -7.72 | -0.97 | 23.08 | 10.48 | -17.22 |
| 2019 | 15.74 | -2.18 | -3.24 | 0.52 | -1.48 | 8.35 | 0.76 | -9.30 | 3.11 | 4.49 | -3.66 | 10.90 | 23.65 |
| 2018 | 14.42 | -1.96 | -2.21 | 0.58 | -14.60 | -3.06 | 11.14 | -10.97 | 5.23 | 5.98 | -0.64 | -1.92 | -1.76 |
| Performances are in USD |
| The performance represented is historical; past performance is not a reliable indicator of future results and investors may not recover the full amount invested. The value of your investment can go up and down, and you could lose some or all of your invested money. |

Translation (ENIT, 2022-10-31):
| anno | gen | feb | mar | apr | mag | giu | lug | ago | set | ott | nov | dic | Totale |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2022 | 8,07 | 2,63 | 14,72 | -9,81 | 3,28 | -17,49 | 4,78 | 7,16 | -4,59 | 9,97 |  |  | 15,22 |
| 2021 | -6,06 | -2,97 | 1,92 | 6,43 | 5,40 | 3,75 | -3,17 | -2,82 | -9,16 | -7,59 | -2,24 | 4,01 | -13,15 |
| 2020 | -5,67 | -14,97 | -33,80 | 7,83 | 4,15 | 6,42 | 11,95 | -6,22 | -7,72 | -0,97 | 23,08 | 10,48 | -17,22 |
| 2019 | 15,74 | -2,18 | -3,24 | 0,52 | -1,48 | 8,35 | 0,76 | -9,30 | 3,11 | 4,49 | -3,66 | 10,90 | 23,65 |
| 2018 | 14,42 | -1,96 | -2,21 | 0,58 | -14,60 | -3,06 | 11,14 | -10,97 | 5,23 | 5,98 | -0,64 | -1,92 | -1,76 |
| La performance é USD |
| I rendimenti presentati sono passati e non sono indicativi di quelli futuri. Gli investitori potrebbero non recuperare l'intero capitale investito. Il valore degli investimenti può sia aumentare che diminuire e Lei potrebbe perdere parte o la totalità dell'importo investito. |
| Absolute Contribution (in %) |
| --- |
| Vale | -0.13 |
| Sequoia Logistica e Transportes | -0.09 |
| Vale ADR | -0.06 |
| Sitios Latinoamerica | -0.04 |
| Banco do Brasil | -0.03 |
| Absolute contribution to gross performance expressed in EUR |  |

Translation (ENIT, 2022-10-31):
| Contribuzioni assolute (in %) |
| --- |
| Vale | -0,13 |
| Sequoia Logistica e Transportes | -0,09 |
| Vale ADR | -0,06 |
| Sitios Latinoamerica | -0,04 |
| Banco do Brasil | -0,03 |
| Contribuzione (in termini Assoluti) alla performance lorda espressa in EUR |  |
|  | Fund |  | Benchmark |
| --- | --- | --- | --- |
| Performance | Cumulative | Annualised | Cumulative | Annualised |
| Year To Date | -15.95 |  | -15.63 |  |
| 1 month | 3.80 |  | 2.81 |  |
| 3 months | -3.87 |  | -4.47 |  |
| 1 year | -16.09 | -16.09 | -15.42 | -15.42 |
| 3 years | -9.48 | -3.26 | -4.36 | -1.47 |
| 5 years | -5.97 | -1.22 | 2.69 | 0.53 |
| Since Launch | 45.83 | 3.44 | 61.40 | 4.39 |

Translation (ENIT, 2022-10-31):
|  | Fondo |  | Indice |  |
| --- | --- | --- | --- | --- |
| Performance | Cumulativa | Annualizzata | Cumulativa | Annualizzata |
| Anno corrente | -15,95 |  | -15,63 |  |
| 1 mese | 3,80 |  | 2,81 |  |
| 3 mesi | -3,87 |  | -4,47 |  |
| 1 anno | -16,09 | -16,09 | -15,42 | -15,42 |
| 3 anni | -9,48 | -3,26 | -4,36 | -1,47 |
| 5 anni | -5,97 | -1,22 | 2,69 | 0,53 |
| Dalla data di lancio | 45,83 | 3,44 | 61,40 | 4,39 |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2022 | -5.74 | -2.11 | 1.99 | -7.47 | -0.97 | -10.43 | 8.08 | -2.21 | -8.66 | 7.71 |  |  | -19.68 |
| 2021 | -0.23 | 2.90 | 5.51 | 4.14 | 0.74 | -0.53 | 1.05 | 0.26 | -4.40 | -0.56 | -1.08 | 5.25 | 13.34 |
| 2020 | -2.12 | -13.03 | -17.75 | 9.06 | 2.56 | 0.00 | 5.13 | 4.99 | -3.03 | -2.33 | 15.47 | 3.26 | -2.39 |
| 2019 | 5.24 | 4.05 | 1.48 | 3.92 | -6.16 | 5.09 | 3.11 | -3.09 | 2.00 | 3.17 | 4.70 | 2.20 | 28.13 |
| 2018 | 4.60 | -2.66 | -5.28 | 1.05 | 0.65 | 0.56 | 3.37 | 3.12 | 1.06 | -6.19 | 0.76 | -8.58 | -8.17 |
| Performances are in USD |
| The performance represented is historical; past performance is not a reliable indicator of future results and investors may not recover the full amount invested. The value of your investment can go up and down, and you could lose some or all of your invested money. |

Translation (ENIT, 2022-10-31):
| anno | gen | feb | mar | apr | mag | giu | lug | ago | set | ott | nov | dic | Totale |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2022 | -5,74 | -2,11 | 1,99 | -7,47 | -0,97 | -10,43 | 8,08 | -2,21 | -8,66 | 7,71 |  |  | -19,68 |
| 2021 | -0,23 | 2,90 | 5,51 | 4,14 | 0,74 | -0,53 | 1,05 | 0,26 | -4,40 | -0,56 | -1,08 | 5,25 | 13,34 |
| 2020 | -2,12 | -13,03 | -17,75 | 9,06 | 2,56 | 0,00 | 5,13 | 4,99 | -3,03 | -2,33 | 15,47 | 3,26 | -2,39 |
| 2019 | 5,24 | 4,05 | 1,48 | 3,92 | -6,16 | 5,09 | 3,11 | -3,09 | 2,00 | 3,17 | 4,70 | 2,20 | 28,13 |
| 2018 | 4,60 | -2,66 | -5,28 | 1,05 | 0,65 | 0,56 | 3,37 | 3,12 | 1,06 | -6,19 | 0,76 | -8,58 | -8,17 |
| La performance é USD |
| I rendimenti presentati sono passati e non sono indicativi di quelli futuri. Gli investitori potrebbero non recuperare l'intero capitale investito. Il valore degli investimenti può sia aumentare che diminuire e Lei potrebbe perdere parte o la totalità dell'importo investito. |
#  Top ten holdings (%)
Number of holdings	248
Percentage of top ten holdings	24,36
Holding	Coupon Maturity	%
Holding	Coupon Maturity	%
| UST Notes | 1.750 | 2022 | 8.20 |  | EXXON MOB | 0.142 | 2024 | 1.76 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| UST NOTE | 1.375 | 2023 | 3.02 |  | NIKE INC | 2.400 | 2025 | 1.46 |
| UST N/B | 1.500 | 2030 | 2.57 |  | LVMH MOET | 1.000 | 2023 | 1.08 |
| INTER-AME | 0.500 | 2026 | 2.12 |  | Visa Inc | 1.900 | 2027 | 1.06 |
| KREDITANS | 0.875 | 2024 | 2.06 |  | EUROPEAN | 0.750 | 2023 | 1.02 |

| Risk statistics (weighted average)* |
| --- |
| Life | 2,03 years |
| Effective Duration | 2,24 years |
| Credit Quality | AA- |
| Distribution Yield (net of fees) | 0,13 |
| Credit quality breakdown (%) |  |
| AAA | 22.75 |
| AA | 25.59 |
| A | 46.90 |
| Not Rated | -0.11 |
| Cash & Cash Equivalents | 4.87 |

Translation (ENIT, 2020-08-31):
#  Le dieci maggiori partecipazioni (%)
## Valore Quota (NAV) fine mese	110,36 USD
Position	Cedole Scadenza	%
Position	Cedole Scadenza	%
| Numero di partecipazioni	248 | UST Notes | 1,750 | 2022 | 8,20 |  | EXXON MOB | 0,142 | 2024 | 1,76 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Percentuale delle dieci maggiori | UST NOTE | 1,375 | 2023 | 3,02 |  | NIKE INC | 2,400 | 2025 | 1,46 |
| partecipazioni	24,36 | UST N/B | 1,500 | 2030 | 2,57 |  | LVMH MOET | 1,000 | 2023 | 1,08 |
|  | INTER-AME | 0,500 | 2026 | 2,12 |  | Visa Inc | 1,900 | 2027 | 1,06 |
| Statistiche di rischio (ponderazione | KREDITANS | 0,875 | 2024 | 2,06 |  | EUROPEAN | 0,750 | 2023 | 1,02 |

| Durata | 2,03 Anni |
| --- | --- |
| Duration Effettiva | 2,24 Anni |
| Qualità del credito | AA- |
| Distribution Yield (al netto delle commissioni) | 0,13 |
#  Top ten holdings (%)
## Number of holdings	253

## Percentage of top ten holdings	22,36
Holding	Coupon Maturity	%
Holding	Coupon Maturity	%
| USTSY NOTE | 0.625 | 2030 | 4.23 |  | Citigroup | 3.300 | 2025 | 1.74 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| USTSY N/B | 2.250 | 2027 | 4.21 |  | KREDITANS | 0.875 | 2024 | 1.70 |
| USTSY NOTE | 1.375 | 2023 | 2.40 |  | BANK OF AMER | 3.550 | 2024 | 1.63 |
| USTSY N/B | 1.500 | 2030 | 1.94 |  | EXXON MOB | 0.142 | 2024 | 1.41 |
| INTER-AME | 0.500 | 2026 | 1.75 |  | Nykredit | 0.250 | 2026 | 1.36 |

| Risk statistics (weighted average)* |
| --- |
| Life | 1,96 years |
| Effective Duration | 2,39 years |
| Credit Quality | AA- |
| Distribution Yield (net of fees) | 0,00 |
| Credit quality breakdown (%) |  |
| AAA | 20.26 |
| AA | 26.14 |
| A | 47.11 |
| Not Rated | -0.23 |
| Cash & Cash Equivalents | 6.71 |

Translation (ENIT, 2021-06-30):
#  Le dieci maggiori partecipazioni (%)
## Valore Quota (NAV) fine mese	109,79 USD
Position	Cedole Scadenza	%
Position	Cedole Scadenza	%
| Numero di partecipazioni	253 | USTSY NOTE | 0,625 | 2030 | 4,23 |  | Citigroup | 3,300 | 2025 | 1,74 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Percentuale delle dieci maggiori | USTSY N/B | 2,250 | 2027 | 4,21 |  | KREDITANS | 0,875 | 2024 | 1,70 |
| partecipazioni	22,36 | USTSY NOTE | 1,375 | 2023 | 2,40 |  | BANK OF AMER | 3,550 | 2024 | 1,63 |
|  | USTSY N/B | 1,500 | 2030 | 1,94 |  | EXXON MOB | 0,142 | 2024 | 1,41 |
| Statistiche di rischio (ponderazione | INTER-AME | 0,500 | 2026 | 1,75 |  | Nykredit | 0,250 | 2026 | 1,36 |

| Durata | 1,96 Anni |
| --- | --- |
| Duration Effettiva | 2,39 Anni |
| Qualità del credito | AA- |
| Distribution Yield (al netto delle commissioni) | 0,00 |
#  Top ten holdings (%)
## Number of holdings	257

## Percentage of top ten holdings	22,17
Holding	Coupon Maturity	%
Holding	Coupon Maturity	%
| USTREASURY N/B | 2.250 | 2027 | 4.14 |  | Citigroup Inc. | 3.300 | 2025 | 1.72 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| USTREASURY | 0.625 | 2030 | 4.13 |  | KREDITANS | 0.875 | 2024 | 1.72 |
| USTREASURY | 1.375 | 2023 | 2.37 |  | BANK OF AMER | 3.550 | 2024 | 1.61 |
| USTREASURY N/B | 1.500 | 2030 | 1.89 |  | EXXON MOB | 0.142 | 2024 | 1.43 |
| INTER-AME | 0.500 | 2026 | 1.77 |  | Nykredit | 0.250 | 2026 | 1.38 |

| Risk statistics (weighted average)* |
| --- |
| Life | 2,02 years |
| Effective Duration | 2,50 years |
| Credit Quality | AA- |
| Distribution Yield (net of fees) | 0,00 |
| Credit quality breakdown (%) |  |
| AAA | 19.91 |
| AA | 24.53 |
| A | 50.30 |
| Not Rated | -0.24 |
| Cash & Cash Equivalents | 5.50 |

Translation (ENIT, 2021-05-31):
#  Le dieci maggiori partecipazioni (%)
## Valore Quota (NAV) fine mese	109,77 USD
Position	Cedole Scadenza	%
Position	Cedole Scadenza	%
| Numero di partecipazioni	257 | USTREASURY N/B | 2,250 | 2027 | 4,14 |  | Citigroup Inc. | 3,300 | 2025 | 1,72 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Percentuale delle dieci maggiori | USTREASURY | 0,625 | 2030 | 4,13 |  | KREDITANS | 0,875 | 2024 | 1,72 |
| partecipazioni	22,17 | USTREASURY | 1,375 | 2023 | 2,37 |  | BANK OF AMER | 3,550 | 2024 | 1,61 |
|  | USTREASURY N/B | 1,500 | 2030 | 1,89 |  | EXXON MOB | 0,142 | 2024 | 1,43 |
| Statistiche di rischio (ponderazione | INTER-AME | 0,500 | 2026 | 1,77 |  | Nykredit | 0,250 | 2026 | 1,38 |

| Durata | 2,02 Anni |
| --- | --- |
| Duration Effettiva | 2,50 Anni |
| Qualità del credito | AA- |
| Distribution Yield (al netto delle commissioni) | 0,00 |
# TOP 10 ISSUERS % (MV)
Fund	Bmrk
Saudi Arabian Oil Co	1.861.46
Ecopetrol SA	1.430.96
Sands China Ltd	1.371.07
Sasol Financing USA LLC	1.040.43
Teva Pharmaceutical Finance Netherlands III BV	1.031.16
Banco De Bogota SA	0.930.42
Melco Resorts Finance Ltd	0.840.57
MEGlobal Canada	0.820.67
Suzano Austria GmbH	0.790.30
YPF SA	0.740.39

Translation (ENIT, 2021-12-31):
# PRIMI 10 EMITTENTI % (VM)
## Fondo	Bmrk

## Saudi Arabian Oil Co	1,86	1,46
| Categoria Morningstar™ | Obbligazionari Corporate |  |
| --- | --- | --- |
|  | Paesi Emergenti EUR | Ecopetrol SA | 1,43 | 0,96 |
| Benchmark | JPMorgan CEMBI Diversified (Total Return, USD) | Sands China Ltd | 1,37 | 1,07 |
|  |  | Sasol Financing USA LLC | 1,04 | 0,43 |
|  |  | Teva Pharmaceutical Finance Netherlands III BV | 1,03 | 1,16 |
|  |  | Banco De Bogota SA | 0,93 | 0,42 |
|  |  | Melco Resorts Finance Ltd | 0,84 | 0,57 |
|  |  | MEGlobal Canada | 0,82 | 0,67 |
|  |  | Suzano Austria GmbH | 0,79 | 0,30 |
|  |  | YPF SA | 0,74 | 0,39 |
# FUND OBJECTIVE
To increase the value of your shares over the long term by investing in businesses that are connected with less developed countries and economies than for example the US or Japan. The fund invests in a mixture of different industries and does not focus on any specific country. The fund seeks to invest in companies that are undervalued, have significant growth potential, are well managed and are financially strong. The investments are mainly in publicly traded shares or related instruments. The fund systematically applies Environmental, Social and Governance ("ESG") criteria in the selection of securities.

Translation (ENIT, 2021-05-28):
# OBIETTIVO DEL FONDO
Il Fondo mira ad accrescere il valore delle azioni nel lungo periodo investendo in società connesse ai paesi e alle economie dei mercati emergenti (meno sviluppati). Il fondo investe in un mix di società di diverse dimensioni e settori e non si concentra su un paese specifico.
Il Fondo cerca di investire in società sottovalutate, con un buon potenziale di crescita, ben gestite e finanziariamente solide. Gli investimenti avvengono soprattutto in azioni negoziate pubblicamente o in strumenti correlati.
Il fondo applica sistematicamente i criteri ESG (ambientali, sociali e di governance) alla selezione dei titoli.
| CUMULATIVE (%) 1 | 1m | 3m | YTD | 1y | 3y | 5y | SI³ |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Fund | -4.54 | -8.73 | -1.67 | 8.67 | 26.69 | 69.22 | 70.40 |
| Benchmark | -2.71 | -13.34 | -10.65 | 1.30 | 35.45 | 56.39 | 37.99 |
| Previous Benchmark | -5.02 | -18.17 | -16.67 | -7.33 | 18.93 | 54.73 | 51.37 |
| ANNUALISED (%) 1 |  |  |  | 1y | 3y | 5y | SI³ |
| Fund |  |  |  | 8.67 | 8.21 | 11.09 | 9.02 |
| Benchmark |  |  |  | 1.30 | 10.64 | 9.36 | 5.36 |
| Previous Benchmark |  |  |  | -7.33 | 5.95 | 9.12 | 6.95 |
| CALENDAR (%) 2 |  | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Fund |  | -5.43 | 62.41 | -24.15 | 29.38 | 17.81 | -1.67 |
| Benchmark |  | -7.87 | 41.18 | -23.27 | 27.63 | 33.41 | -10.65 |
| Previous Benchmark |  | 0.90 | 54.07 | -18.88 | 23.46 | 29.49 | -16.67 |

Translation (ENIT, 2021-09-30):
| CUMULATO (%) 1 | 1 mese | 3 mesi | Da inizio anno | 1 anno | 3 anni | 5 anni | Dal lancio³ |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Fondo | -4,54 | -8,73 | -1,67 | 8,67 | 26,69 | 69,22 | 70,40 |
| Benchmark | -2,71 | -13,34 | -10,65 | 1,30 | 35,45 | 56,39 | 37,99 |
| Benchmark Precedente | -5,02 | -18,17 | -16,67 | -7,33 | 18,93 | 54,73 | 51,37 |
| ANNUALIZZATO (%) 1 |  |  | 1 anno | 3 anni | 5 anni | Dal lancio³ |
| Fondo |  |  | 8,67 | 8,21 | 11,09 | 9,02 |
| Benchmark |  |  | 1,30 | 10,64 | 9,36 | 5,36 |
| Benchmark Precedente |  |  | -7,33 | 5,95 | 9,12 | 6,95 |
| ANNO SOLARE (%) 2 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Fondo | -5,43 | 62,41 | -24,15 | 29,38 | 17,81 | -1,67 |
| Benchmark | -7,87 | 41,18 | -23,27 | 27,63 | 33,41 | -10,65 |
| Benchmark Precedente | 0,90 | 54,07 | -18,88 | 23,46 | 29,49 | -16,67 |
# TOP 10 ISSUERS % (MV)
Fund	Bmrk
Ukraine Republic Of (Government)	3.632.20
Sri Lanka (Democratic Socialist Republic Of)	3.191.60
Cote D Ivoire (Republic Of)	3.180.47
Egypt (Arab Republic Of)	3.032.36
Petroleos Mexicanos	2.791.99
Qatar (State Of)	2.663.51
Indonesia (Republic Of)	2.522.31
Croatia (Republic Of)	2.450.52
Argentina Republic Of Government	2.421.26
Russian Federation	2.372.94
**

Translation (ENIT, 2020-08-31):
# PRIMI 10 EMITTENTI % (VM)
| Commissione di gestione | 0,70% |  |
| --- | --- | --- |
| Spese correnti* | 0,84% | Sri Lanka (Repubblica socialista democratica) | 3,19 | 1,60 |
| Commissione di entrata iniziale (max) | 0,00% | Costa d'Avorio (Repubblica di) | 3,18 | 0,47 |


### Fondo	Bmrk

### Ucraina Republic Of (Governo)	3,63	2,20
Bloomberg	NBEDUIA ID
ISIN	IE00B99K4563
Categoria Morningstar™	Obbligazionari Paesi
Emergenti
Benchmark	JPM EMBI Global Diversified (Total Return, USD)

### Egypt (Arab Republic Of)	3,03	2,36

### Petroleos Mexicanos	2,79	1,99

### Qatar (stato di)	2,66	3,51

### Indonesia (Repubblica di)	2,52	2,31

### Repubblica Croata	2,45	0,52

### Argentina Repubblica di governo	2,42	1,26

### Russian Federation	2,37	2,94
**
| how a hypothetical investment of USD 100 in the Benchmark(s) would have performed. |
| --- |
| PERFORMANCE (%) 1 | 1m 2 | 3m 2 | YTD 2 | 1y 2 | 3y 3 | 5y 3 | 10y 3 | SI 3,4 |
| Fund | 5.13 | 4.75 | -13.60 | -9.66 | 8.76 | 8.64 | 10.86 | 9.74 |
| Benchmark | 2.28 | 2.60 | -15.22 | -13.36 | 6.05 | 5.05 | 9.70 | 8.38 |
| 12 MONTH PERIODS (%)	 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 |
| Fund | 34.43 | 1.08 | 5.85 | 9.37 | 17.76 | 4.19 | 12.91 | 19.05 | 19.63  -9.66 |
| Benchmark | 40.43 | 3.61 | 3.10 | 11.58 | 17.88 | 0.20 | 7.06 | 13.14 | 21.68 -13.36 |
| CALENDAR (%) | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 2022 5 |
| Fund | 37.03 | -0.70 | -0.28 | 17.84 | 15.20 | -7.38 | 28.89 | 24.61 | 17.78 -13.60 |
| Benchmark | 38.29 | 4.50 | -4.79 | 20.78 | 14.21 | -11.35 | 25.00 | 19.50 | 14.49 -15.22 |

Translation (ENIT, 2022-11-30):
| investimento di USD 100 nell'Indice/negli Indici di riferimento. |
| --- |
| RENDIMENTO (%) 1 | 1 mese 2 | 3 mesi 2 | Da inizio anno 2 | 1 anno 2 | 3 anni 3 | 5 anni 3 | 10 anni 3 | Dal lancio 3,4 |
| Fondo | 5,13 | 4,75 | -13,60 | -9,66 | 8,76 | 8,64 | 10,86 | 9,74 |
| Benchmark | 2,28 | 2,60 | -15,22 | -13,36 | 6,05 | 5,05 | 9,70 | 8,38 |
| Periodi di 12 mesi (in %)	 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 |
| Fondo | 34,43 | 1,08 | 5,85 | 9,37 | 17,76 | 4,19 | 12,91 | 19,05 | 19,63  -9,66 |
| Benchmark | 40,43 | 3,61 | 3,10 | 11,58 | 17,88 | 0,20 | 7,06 | 13,14 | 21,68 -13,36 |
| ANNO SOLARE (%) | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 2022 5 |
| Fondo | 37,03 | -0,70 | -0,28 | 17,84 | 15,20 | -7,38 | 28,89 | 24,61 | 17,78 -13,60 |
| Benchmark | 38,29 | 4,50 | -4,79 | 20,78 | 14,21 | -11,35 | 25,00 | 19,50 | 14,49 -15,22 |