# Fund Exposure (%)
| Country | Fund | Versus Benchmark (%) |
| --- | --- | --- |
| Europe | 45.71% |  | -18.49% |
| Mexico | 7.77% | 7.69% |
| United States | 7.53% | -5.27% |
| New Zealand | 4.78% | 4.62% |
| Singapore | 5.34% |  | 4.58% |
| Indonesia | 4.10% |  | 4.04% |
| Norway | 4.02% |  | 3.32% |
| Sweden | 0.00% | -3.17% |
| Colombia | 2.80% | 2.72% |
| Australia | 5.41% | 2.13% |
| United Kingdom | 3.94% | -1.88% |
| Malaysia | 1.71% | 1.71% |
| South Korea | 1.38% | 1.38% |
| Switzerland | 0.00% | -1.26% |
| Japan | 0.00% | -1.03% |
| Other | 5.47% | -1.09% |

| Currency | Fund | Versus Benchmark (%) |
| --- | --- | --- |
| United States Dollar | 70.49% |  | -29.51% |
| British Pound | 6.81% | 6.81% |
| Japanese Yen | 5.06% |  | 5.06% |
| Swedish Krona | 3.52% | 3.52% |
| Norwegian Krone | 2.77% | 2.77% |
| South Korean Won | 2.69% | 2.69% |
| Malaysian Ringgit | 2.51% | 2.51% |
| Mexican Peso | 1.80% | 1.80% |
| Australian Dollar | 1.50% | 1.50% |
| Euro | 0.82% | 0.82% |
| Colombian Peso | 0.63% | 0.63% |
| Polish Złoty | 0.51% | 0.51% |
| Singapore Dollar | 0.50% | 0.50% |
| Indonesian Rupiah | 0.24% | 0.24% |
| Canadian Dollar | 0.13% | 0.13% |
| Other | 0.02% | 0.02% |


## Bonds	Currencies
In the last column of the tables above, positive weights indicate overweight exposures, while negative weights indicate underweight exposures. These position weights are ordered by their absolute value versus the benchmark in descending order. The ‘Bonds’ exposure under the ‘Country’ heading is classified by the currency of denomination of the bond rather than the country of domicile of the issuer and cash is excluded from the calculation.
| Fund | Benchmark |
| --- | --- |
| Yield to Maturity (Unhedged) | 4.07% | 3.09% |
| Running Yield (Unhedged) | 2.50% | 1.45% |
| Modified Duration (Years) | 8.96 | 9.37 |
| Convexity | 1.31 | 0.00 |
| Average Maturity (Years) | 10.69 | 11.12 |
| Average Coupon | 2.18% | 1.28% |
| Average Credit Quality | AA | AA |

Translation (ENES, 2022-11-30):
# Exposición del Fondo (%)
| País | Fondo | Frente al Índice (%) |
| --- | --- | --- |
| Europa | 45,71% |  | -18,49% |
| México | 7,77% | 7,69% |
| Estados Unidos | 7,53% | -5,27% |
| Nueva Zelanda | 4,78% | 4,62% |
| Singapur | 5,34% |  | 4,58% |
| Indonesia | 4,10% |  | 4,04% |
| Noruega | 4,02% |  | 3,32% |
| Suecia | 0,00% | -3,17% |
| Colombia | 2,80% | 2,72% |
| Australia | 5,41% | 2,13% |
| Reino Unido | 3,94% | -1,88% |
| Malasia | 1,71% | 1,71% |
| Corea del Sur | 1,38% | 1,38% |
| Suiza | 0,00% | -1,26% |
| Japón | 0,00% | -1,03% |
| Otros | 5,47% | -1,09% |

| Moneda | Fondo | Frente al Índice (%) |
| --- | --- | --- |
| Dólar Americano | 70,49% |  | -29,51% |
| Libra Esterlina | 6,81% | 6,81% |
| Yen Japones | 5,06% |  | 5,06% |
| Corona Sueca | 3,52% | 3,52% |
| Corona Noruega | 2,77% | 2,77% |
| Won Coreano | 2,69% | 2,69% |
| Ringgit Malayo | 2,51% | 2,51% |
| Peso Mexicano | 1,80% | 1,80% |
| Dólar Australiano | 1,50% | 1,50% |
| Euro | 0,82% | 0,82% |
| Peso Colombiano | 0,63% | 0,63% |
| Esloti Polaco | 0,51% | 0,51% |
| Dólar Singapurense | 0,50% | 0,50% |
| Rupia Indonesia | 0,24% | 0,24% |
| Dólar Canadiense | 0,13% | 0,13% |
| Otros | 0,02% | 0,02% |


## Bonos	Monedas
En la última columna de las tablas de arriba, los pesos positivos indican una sobre ponderación, mientras que los pesos negativos indican una infra ponderación. Los pesos están ordenados por su valor absoluto frente al índice de referencia en orden descendiente. La exposición a 'bonos' bajo el título de 'País' se clasifica por la moneda de denominación del bono y no por el país de domicilio del emisor. El efectivo se excluye de la exposición a bonos.
| Fondo | Índice |
| --- | --- |
| Rendimiento a Vencimiento | 4,07% | 3,09% |
| Tasa Retorno Actual | 2,50% | 1,45% |
| Duración Modificada (años) | 8,96 | 9,37 |
| Convexidad | 1,31 | 0,00 |
| Vencimiento Promedio (años) | 10,69 | 11,12 |
| Cupón Promedio | 2,18% | 1,28% |
| Calidad Crediticia Promedio | AA | AA |