# Portfolio Structure ⁷
Country/Location Breakdown (%) (weighted by market value)
55.5
Top 10 Holdings (%)
| USA |  |
| --- | --- |
| Japan | 7.0 |
| France | 6.3 |
| Switzerland, Scandinavia | 3.7 |
| Germany | 1.0 |
| United Kingdom | 0.8 |
| Ireland | 0.7 |
| Netherl., Belg., Austria | 0.6 |
| Spain | 0.2 |
| Italy | 0.1 |
| Lux., Offshore Domiciles | 0.2 |
| Austral., Can., N.Zeald. | 5.7 |

Emerging Markets Cash, Other, NA
7.8
| JAPAN (2 YEAR ISSUE) 428 FIX 0.005% 01.09.2023 | 6.29 |
| --- | --- |
| US TREASURY N/B FIX 5.375% 15.02.2031 | 6.05 |
| US TREASURY N/B FIX 2.750% 15.08.2032 | 5.96 |
| US TREASURY N/B FIX 2.750% 31.05.2029 | 4.87 |
| US TREASURY N/B FIX 3.125% 15.11.2028 | 4.78 |
| US TREASURY N/B FIX 3.250% 15.05.2042 | 4.75 |
| US TREASURY N/B FIX 1.500% 15.02.2030 | 4.57 |
| US TREASURY N/B FIX 6.125% 15.08.2029 | 4.48 |
| FRENCH DISCOUNT T-BILL ZERO 09.08.2023 | 4.43 |
| NEW ZEALAND GOVERNMENT 0531 FIX 1.500% 15.05.2031 | 3.60 |
| Total	49.78 |

10.4
0	15	30	45	60
n
Fund
Duration Breakdown (%) (weighted by market value)	Rating Breakdown (%) (weighted by market value) ⁸
| 0 - 1 Year |  | 20.0 |  | 100.0 | AAA |  |  | 58.5 | 100.0 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1 - 3 Years | 3.8 0.0 |  |  |  | AA | 2.5 0.0 |  |  |  |
| 3 - 5 Years | 8.4 0.0 |  |  |  | A | 12.1 0.0 |  |  |  |
| 5 - 7 Years | 0.0 |  | 35.2 |  | BBB | 12.1 0.0 |  |  |  |
| 7 - 10 Years | 0.0 | 22.6 |  |  | BB | 6.3 0.0 |  |  |  |
| > 10 Years | 10.1 0.0 |  |  |  | B | 1.6 0.0 |  |  |  |
|  |  |  |  |  | < B | 0.1 0.0 |  |  |  |
|  |  |  |  |  | Cash | 6.8 0.0 |  |  |  |

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Translation (ENIT, 2022-10-31):
# Struttura del fondo ⁹
Per paesi/sedi in % (ponderato in funzione del valore di mercato)
55,5
10 titoli principali in %
| Stati Uniti d'America |  |
| --- | --- |
| Giappone | 7,0 |
| Francia | 6,3 |
| Svizzera, Scandinavia | 3,7 |
| Germania | 1,0 |
| Regno Unito | 0,8 |
| Irlanda | 0,7 |
| P. Bassi, Belgio, Austria | 0,6 |
| Spagna | 0,2 |
| Italia | 0,1 |
| Luss., Domicili Offshore | 0,2 |
| Austral., Can., N.Zelan. | 5,7 |

Mercati Emergenti Liquidità, Altro, ND
7,8
| JAPAN (2 YEAR ISSUE) 428 FIX 0.005% 01.09.2023 | 6,29 |
| --- | --- |
| US TREASURY N/B FIX 5.375% 15.02.2031 | 6,05 |
| US TREASURY N/B FIX 2.750% 15.08.2032 | 5,96 |
| US TREASURY N/B FIX 2.750% 31.05.2029 | 4,87 |
| US TREASURY N/B FIX 3.125% 15.11.2028 | 4,78 |
| US TREASURY N/B FIX 3.250% 15.05.2042 | 4,75 |
| US TREASURY N/B FIX 1.500% 15.02.2030 | 4,57 |
| US TREASURY N/B FIX 6.125% 15.08.2029 | 4,48 |
| FRENCH DISCOUNT T-BILL ZERO 09.08.2023 | 4,43 |
| NEW ZEALAND GOVERNMENT 0531 FIX 1.500% 15.05.2031 | 3,60 |
| Totale	49,78 |

10,4
0	15	30	45	60
n
Fondo
Per duration in % (ponderato in funzione del valore di mercato)	Per solvibilità in % (ponderato in funzione del valore di mercato) ¹⁰
| 0 - 1 Anno |  | 20,0 |  | 100,0 | AAA |  |  | 58,5 | 100,0 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1 - 3 Anni | 3,8 0,0 |  |  |  | AA | 2,5 0,0 |  |  |  |
| 3 - 5 Anni | 8,4 0,0 |  |  |  | A | 12,1 0,0 |  |  |  |
| 5 - 7 Anni | 0,0 |  | 35,2 |  | BBB | 12,1 0,0 |  |  |  |
| 7 - 10 Anni | 0,0 | 22,6 |  |  | BB | 6,3 0,0 |  |  |  |
| > 10 Anni | 10,1 0,0 |  |  |  | B | 1,6 0,0 |  |  |  |
|  |  |  |  |  | < B | 0,1 0,0 |  |  |  |
|  |  |  |  |  | Cash | 6,8 0,0 |  |  |  |

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