OVHaiLLM/Flipper huggingface dataset:
# CORPORATE SECTORS (IN %)
### Banks Diversified Finan Serv

### Other ABS Auto Manufacturers

### Real estate Engineering & Construction

### Sovereign Electric Insurance Others
55.9

Translation (ENFR, 2021-06-30):
# RÉPARTITION OBLIGATION D'ENTREPRISES (EN %)
### Banques Serv. financiers divers

### Other ABS Auto Manufacturers

### Immobilier Engineering & Construction

### Sovereign Electric Assurances

### Autres
55.9
130
120
110
100
90
6.91%	
2018	2019	2020	2021
PrivilEdge - Amber Event Europe, Seed, (EUR) N A / D	Annual or YTD performance (Fund)
HFRU HF Event Driven €	Annual or YTD performance (Bench.)

Translation (ENFR, 2021-05-31):
130
120
110
100
90
6.91%	
2018	2019	2020	2021
PrivilEdge - Amber Event Europe, Seed, (EUR) N A / D	Performance annuelle ou Année en cours (Fonds)
HFRU HF Event Driven €	Performance annuelle ou Année en cours (Indice)
# SECTORS (IN %)
Health care
18.6
Baxter International Inc
Broadcom Inc American International Group Inc
Motorola Solutions Inc
Hologic Inc Raytheon Technologies Corp
Dollar Tree Inc Edison International
Cigna Group
3.2
3.2
3.2
3.2
3.2
3.2
3.2
3.2
3.1
Information technology
Financials Consumer discretionary
Industrials Communication services Consumer staples
Utilities Real estate Materials Energy Liquid assets
18.6

Translation (ENFR, 2023-02-28):
# SECTEURS (EN %)
Soins de santé Technologies de l'information
Finance Consommation non essentielle
Industrie Communication Services Biens de consom. de base Services aux collectivités
Immobilier
18.6
18.6
Cigna Group
3.1
Matériaux Energie Liquidités
# DURATION CONTRIB. BY COUNTRY (IN YEARS)
Denmark Germany Spain France
United States United Kingdom Netherlands Romania
Latvia Luxembourg
1.1

Translation (ENFR, 2023-02-28):
# CONTRIBUTION À LA DURATION PAR PAYS (ANS)
Danemark Allemagne Espagne France Etats-Unis
Royaume-Uni
Pays-Bas Roumanie
Latvia Luxembourg
1.1
# CREDIT RATINGS (IN %)
DURATION CONTRIB. BY CREDIT RATING (IN YEARS)
2.3
31.4
Liquid a
-0.7

Translation (ENFR, 2023-02-28):
# NOTATIONS (EN %)
CONTRIBUTION À LA DURATION PAR NOTE DE CRÉDIT (ANS)
2.3
31.4
Liqui
-0.7
# HIGHLIGHTS
PrivilEdge - Franklin Flexible Euro Aggregate Bond fund is an actively managed strategy mainly investing in bonds denominated in euros issued by European and non-European investment grade governments and corporates. It is benchmarked against the Bloomberg Barclays Euro Aggregate index. The fund uses a flexible approach versus the benchmark and may invest up to 20% in high yields bonds from governments or corporates and up to 30% in other European currencies or bonds issued in other European currencies. The fund is managed by Franklin Templeton, a global asset manager founded in 1947. The core of the process is based on a mix of top-down and bottom-up approaches. The portfolio manager uses inputs from the Global Fixed Income Policy Committee to implement top-down views while mainly using bottom-up ideas from a dedicated European fixed income team.
NET CUMULATIVE PERFORMANCE AND ANNUAL PERFORMANCE IN EUR 
Dec 31, 2017 - Feb 28, 2023
Liquidity (sub./red.)	daily, 15:00 Swinging Single Pricing		Yes
Min. investment	EUR 3'000
Entry/Exit fees	0.00% / 0.00%
Management fee	0.45%
Distribution fee	0.00%
FROC	0.20%
Ongoing charge (31 January 2023)	0.65%
TER max (30 September 2022)	0.65%

Translation (ENFR, 2023-02-28):
# POINTS CLÉS
Le Fonds PrivilEdge - Franklin Flexible Euro Aggregate Bond est une stratégie à gestion active qui investit principalement dans des obligations libellées en euros émises par des gouvernements et entreprises investment-grade européens et non européens. Son indice de référence est l’indice Bloomberg Barclays Euro Aggregate. Le fonds applique une approche flexible par rapport à l’indice de référence et peut investir jusqu’à 20 % dans les obligations à haut rendement émises par des gouvernements ou des entreprises et jusqu’à 30 % dans d’autres devises européennes ou des obligations émises dans d’autres devises européennes. Le fonds est géré par Franklin Templeton, une société de gestion internationale fondée en 1947. Le processus met fortement l’accent sur une combinaison d’approches top-down et bottom-up. Le gérant de portefeuille utilise les données générées par le Global Fixed Income Policy Committee pour mettre en œuvre les opinions top-down tout en utilisant principalement les opinions bottom-up du service Obligations Europe dédié.
Encours (toutes classes)	EUR 52.35 millions
Liquidité (souscr./rbt.)	quotidienne, 15:00
Swinging Single Pricing	Oui
PERFORMANCE CUMULÉE ET PERFORMANCE ANNUELLE NETTES EN EUR 
31 déc. 2017 - 28 févr. 2023
110
Inv. minimum	EUR 3'000
Frais d'entrée/sortie	0.00% / 0.00%
Commission de gestion	0.45%
Commission de distribution	0.00%
FROC	0.20%
Ongoing charge (31 janvier 2023)	0.65%
TER max (30 septembre 2022)	0.65%
# SECTORS (IN %)
## Industrials
14.9
19.1

## Ferrari

## Pernod-Ricard

## Adyen L'Oréal Safran

## Schneider Electric

## Kion Group Koninklijke DSM
3.6
3.5
3.5
3.5
3.5
3.2
4.1
4.4

## Consumer discretionary Information technology

## Health care Consumer staples

## Materials
7.7
7.9
7.4
9.2
12.6
15.8
14.3
15.0
18.3
17.7

## Air Liquide (ost)
3.2

## Utilities Energy

## Communication services

## Financials Real Estate Liquid assets
3.0
6.2
2.8
3.5
2.7
4.4
1.5
14.1
0.0
1.8
0.1
0.0

Translation (ENFR, 2021-07-31):
# SECTEURS (EN %)
## Industrie
14.9
19.1

## Ferrari

## Pernod-Ricard

## Adyen L'Oréal Safran

## Schneider Electric

## Kion Group Koninklijke DSM
3.6
3.5
3.5
3.5
3.5
3.2
4.4
4.1

## Consommation non essentielle Technologies de l'information

## Soins de santé Biens de consom. de base

## Matériaux
7.7
7.9
7.4
9.2
12.6
15.8
14.3
15.0
18.3
17.7

## Air Liquide (ost)
3.2

## Services aux collectivités

## Energie Communication services

## Finance Immobilier Liquidités
3.0
6.2
2.8
3.5
2.7
4.4
1.5
14.1
0.0
1.8
0.1
0.0
| France | 33.6	 EUR 34.6 |  |
| --- | --- | --- |
| Allemagne |  |  | 18.2 | 28.0 | SEK | 5.3 0.0 |
| Pays-Bas |  | 13.5 | 18.0 |  | DKK | 2.8 0.0 |
| Espagne | 8.6 7.1 |  |  |  | USD | 0.0 0.2 |
# COUNTRIES (IN %)	CURRENCIES (IN %)
| France | 33.6	 EUR 34.6 |  |
| --- | --- | --- |
| Germany |  |  | 18.2 | 28.0 | SEK | 5.3 0.0 |
| Netherlands |  | 13.5 | 18.0 |  | DKK | 2.8 0.0 |
| Spain | 8.6 7.1 |  |  |  | USD | 0.0 0.2 |

99.8

## Sweden

## Italy Belgium Ireland Others Liquid assets
0.0
0.1
0.0
5.3
4.4
7.4
3.3
2.8
3.0
2.1
5.5
4.5

Translation (ENFR, 2021-07-31):
# PAYS (EN %)
RÉPARTITION MONÉTAIRE (EN %)
99.8

## Suède Italie Belgique Irlande Autres Liquidités
0.0
0.1
0.0
5.3
4.4
7.4
3.3
2.8
3.0
2.1
5.5
4.5
# PORTFOLIO BREAKDOWN (IN %)
Financials Asset Backed Securities Consumer, Cyclical
Government Industrials Mortgage Securities Communications
Consumer, Non-Cyclical
Diversified
Energy
82.1

Translation (ENFR, 2023-01-31):
# RÉPARTITION DU PORTEFEUILLE (EN %)
Finance Asset Backed Securities Consumer, Cyclical Gouvernements
Industrie Mortgage Securities Communications Consumer, Non-Cyclical
Diversifié Energie
82.1
# CORPORATE SECTORS (IN %)
Banks Diversified Finan Serv
Other ABS Real estate
Auto Manufacturers
Insurance Sovereign
Media Commercial MBS
Others
61.1

Translation (ENFR, 2023-01-31):
# RÉPARTITION OBLIGATION D'ENTREPRISES (EN %)
Banques Serv. financiers divers
Other ABS Immobilier
Auto Manufacturers
Assurances Sovereign Médias Commercial MBS
Autres
61.1
|  | Cumulative |  |  | Annualized |
| --- | --- | --- | --- | --- |
| NET PERFORMANCE IN EUR | Fund |  |  | Fund |
| YTD | -1.32% |  |  | - |
| 1 month | -1.62% |  |  | - |
| 3 months | -1.47% |  |  | - |
| 1 year | 3.54% |  |  | - |
| Total return (since 03.12.2019) | 3.50% |  |  | 2.08% |
| STATISTICS  03.12.2019 - 31.07.2021 | Fund |  |  | Fund |
| Max. drawdown | -13.56% |  | Average coupon | 5.44% |
|  | Average maturity | 3.23 |
| Average rating | BB+ |
| Modified duration | 2.86 |
| Yield to maturity | 5.76% |
| Number of positions | 181 |
| Non Government Bonds | 97.40% |

Translation (ENFR, 2021-07-31):
|  | Cumulée |  |  | Annualisée |
| --- | --- | --- | --- | --- |
| PERFORMANCE NETTE EN EUR | Fonds |  |  | Fonds |
| Année en cours | -1.32% |  |  | - |
| 1 mois | -1.62% |  |  | - |
| 3 mois | -1.47% |  |  | - |
| 1 an | 3.54% |  |  | - |
| Perf. totale (depuis 03.12.2019) | 3.50% |  |  | 2.08% |
| STATISTIQUES  03.12.2019 - 31.07.2021 | Fonds |  |  | Fonds |
| Baisse maximum | -13.56% |  | Coupon moyen | 5.44% |
|  | Echéance moyenne | 3.23 |
| Note de crédit moyenne | BB+ |
| Duration modifiée | 2.86 |
| Rendement à l'échéance | 5.76% |
| Nombre de positions | 181 |
| Oblig. non gouvern. | 97.40% |
# HIGHLIGHTS
LO Funds - Asia Income 2024 is a long-only corporate bond launched in December 2019. The Fund is actively managed. It focuses on Asia-Pacific (including Japan and Australia), with a fixed maturity of five years (ending in November 2024).
It aims at achieving a predictable income stream, limiting interest rate and spread risk and at avoiding market timing issues by targeting redemptions at maturity. The Fund duration and volatility may decline over the Fund’s life, making the strategy less sensitive to interest rates and market fluctuations over time.
NET PERFORMANCE AND ANNUAL PERFORMANCE IN EUR

Translation (ENFR, 2021-07-31):
# POINTS CLÉS
LO Funds – Asia Income 2024 est un fonds d’obligations d’entreprise long-only lancé en décembre 2019. Le Fonds est géré activement. Il se concentre principalement sur l’Asie-Pacifique (y compris le Japon et l’Australie), avec une échéance fixe supérieure à cinq ans (prenant fin en novembre 2024).
Il vise à réaliser un flux de revenus prévisible, à limiter le risque de taux d’intérêt et le risque d’écart de taux ainsi qu’à éviter les problèmes de market timing en ciblant des rachats à l’échéance. La duration du Fonds et la volatilité peuvent baisser au cours de la durée de vie du Fonds, rendant la stratégie moins sensible aux taux d’intérêt et aux fluctuations du marché au fil du temps.
PERFORMANCE NETTE ET PERFORMANCE ANNUELLE EN EUR
# SECTORS (IN %)
Industrials Information technology
Materials Health care Financials
Consumer discretionary Consumer staples
Utilities Energy Liquid assets
Others
21.8

Translation (ENFR, 2023-09-30):
# SECTEURS (EN %)
Industrie
21.8
Danieli & Co-Rsp Frcaise Engie Prom
Sol Zignago Vetro Corticeira Amorim
Carel Alten
Ses Imagotag
Intercos
Technologies de l'information
Matériaux Soins de santé
Finance Consommation non essentielle Biens de consom. de base Services aux collectivités
Energie Liquidités Autres
# INCREASED (SECURITIES)
### Morrison Supermarkets Next Fifteen Comm Group Royal Dutch Shell B

### Astrazeneca Ultra Electronics Hldgs
0.4

Translation (ENFR, 2021-06-30):
# PONDÉRATIONS EN HAUSSE (TITRES)
## Morrison Supermarkets Next Fifteen Comm Group Royal Dutch Shell B

## Astrazeneca Ultra Electronics Hldgs
0.4
# SECTORS (IN %)
Financials Health care Industrials
Consumer discretionary Consumer staples Information technology
Materials Communication services
Utilities Energy Real estate
Others (liquid assets Incl.)
18.0

Translation (ENFR, 2023-02-28):
# SECTEURS (EN %)
Finance
18.0
ASML Holding Novo Nordisk B
LVMH
Roche Hldgs Gen Astrazeneca
Shell Novartis Chf0.50 Reg
HSBC Holdings Total Energies
Soins de santé
Industrie Consommation non essentielle Biens de consom. de base Technologies de l'information
Matériaux Communication Services Services aux collectivités
Energie Immobilier
Autres (Liquidités compris)
# COUNTRIES (IN %)
France United Kingdom Switzerland Germany Netherlands United States
Sweden Spain Others
Liquid assets
0.5
5.4
4.4
4.4
7.8
11.9
11.2
16.9
19.0
18.7

Translation (ENFR, 2023-02-28):
# PAYS (EN %)
France Royaume-Uni
Suisse Allemagne Pays-Bas Etats-Unis
Suède Espagne Autres Liquidités
0.5
5.4
4.4
4.4
7.8
11.9
11.2
16.9
19.0
18.7
# INCREASED (SECURITIES)
Metso Outotec Oyj Intesa Sanpaolo (ord)
Securitas B Danske Bank DKK
Bouygues
0.2

Translation (ENFR, 2023-02-28):
# PONDÉRATIONS EN HAUSSE (TITRES)
Metso Outotec Oyj Intesa Sanpaolo (ord)
Securitas B Danske Bank DKK
Bouygues
0.2
LO Funds – TargetNetZero Global IG Corporate Syst. Multi Ccy Hdg, (CHF) S
Fact Sheet (marketing document)
Fundamental Fixed Income • Fixed Income	28 February 2023

Translation (ENFR, 2023-02-28):
LO Funds – TargetNetZero Global IG Corporate Syst. Multi Ccy Hdg, (CHF) S
Reporting mensuel (document marketing)
Fundamental Fixed Income • Revenu fixe	28 février 2023
DONNÉES DU FONDS
Domicile/Statut juridique	Luxembourg / SICAV Statut légal		UCITS
Date de lancement du fonds	6 décembre 2012 Classification SFDR		Article 8
Monnaie du fonds	USD
Monnaie de la classe	CHF Hedgé
Gérant	E. Wranegard, A. Parker, D. Yung Encours (toutes classes)		CHF 128.87 millions
Liquidité (souscr./rbt.)	quotidienne, 12:00
Swinging Single Pricing	Oui
Inv. minimum	A définir
Frais d'entrée/sortie	0.00% / 0.00%
Commission de gestion	0.00%
Commission de distribution	0.00%
FROC	0.08%
Ongoing charge (31 janvier 2023)	0.20%
TER max (30 septembre 2022)	0.08%
PROFIL DE RISQUE
# COUNTRIES (IN %)
### France Germany China

### Cayman Islands South Korea United States Supranationals

### Belgium Ireland
5.5
5.3
4.7
3.8
8.2
8.0
11.3
13.8
19.4

Translation (ENFR, 2021-04-30):
# PAYS (EN %)
### France Allemagne

### Chine Iles Cayman Corée du sud Etats-Unis Supranationals

### Belgique Irlande
3.8
5.5
5.3
4.7
8.2
8.0
11.3
13.8
19.4
# TOP 10 (IN %)
Alphabet A Apple Computer Com
Microsoft Corp Johnson & Johnson
LVMH
Coca-Cola Co Procter & Gamble Lululemon Ath Us Estee Lauder
3.5
3.4
3.4
3.3
3.2
3.2
4.3
4.1
3.9
Liquid assets	Hermes International
3.1

Translation (ENFR, 2022-09-30):
# 10 PRINCIPALES POSITIONS (EN %)
Alphabet A Apple Computer Com
Microsoft Corp Johnson & Johnson
LVMH
Coca-Cola Co Procter & Gamble Lululemon Ath Us Estee Lauder
3.5
3.4
3.4
3.3
3.2
3.2
4.3
4.1
3.9
Liquidités	Hermes International
3.1
| NET PERFORMANCE IN CHF | Fund | Bench. |  |  | Fund | Bench. |
| --- | --- | --- | --- | --- | --- | --- |
| YTD | -12.23% | -6.84% |  |  | - | - |
| 1 month | -13.86% | -14.04% |  |  | - | - |
| 3 months | 6.21% | 3.88% |  |  | - | - |
| 1 year | -9.19% | -8.62% |  |  | - | - |
| 3 years | 38.25% | 42.89% |  |  | 11.34% | 12.57% |
| 5 years | 4.67% | 10.26% |  |  | 0.91% | 1.96% |
| Total return (since 02.03.2010) | -31.99% | -45.33% |  |  | -3.33% | -5.17% |
| STATISTICS  30.06.2016 - 30.06.2021 | Fund | Bench. |  |  |  | Fund |
| Annualised volatility | 34.17% | 31.82% |  | Number of positions |  | 48 |
| Sharpe ratio | 0.05 | 0.09 |  |  |  |  |
| Max. drawdown | -45.58% | -41.67% |  |  |  |  |
| Correlation |  | 0.982 |  |  |  |  |
| Tracking error |  | 6.76% |  |  |  |  |

Translation (ENFR, 2021-06-30):
| PERFORMANCE NETTE EN CHF | Fonds | Indice |  |  | Fonds | Indice |
| --- | --- | --- | --- | --- | --- | --- |
| Année en cours | -12.23% | -6.84% |  |  | - | - |
| 1 mois | -13.86% | -14.04% |  |  | - | - |
| 3 mois | 6.21% | 3.88% |  |  | - | - |
| 1 an | -9.19% | -8.62% |  |  | - | - |
| 3 ans | 38.25% | 42.89% |  |  | 11.34% | 12.57% |
| 5 ans | 4.67% | 10.26% |  |  | 0.91% | 1.96% |
| Perf. totale (depuis 02.03.2010) | -31.99% | -45.33% |  |  | -3.33% | -5.17% |
| STATISTIQUES  30.06.2016 - 30.06.2021 | Fonds | Indice |  |  |  | Fonds |
| Volat. annualisée | 34.17% | 31.82% |  | Nombre de positions |  | 48 |
| Ratio de Sharpe | 0.05 | 0.09 |  |  |  |  |
| Baisse maximum | -45.58% | -41.67% |  |  |  |  |
| Corrélation |  | 0.982 |  |  |  |  |
| Tracking Error |  | 6.76% |  |  |  |  |
# SECTORS (IN %)
## Gold
91.8

## Kirkland Lake Gl Rg

## B2Gold Barrick Gold Kinross Gold

## Wheaton Precious Metal Endeavour Mining

## West African Resources

## Evolution Mining Agnico Eagle Mines

## Precious Metal & Minerals Divers. Metals & Mining Cash & Short term

Translation (ENFR, 2021-06-30):
# SECTEURS (EN %)
## Or
91.8

## Kirkland Lake Gl Rg

## B2Gold Barrick Gold Kinross Gold

## Wheaton Precious Metal Endeavour Mining

## West African Resources

## Evolution Mining Agnico Eagle Mines

## Precious Metal & Minerals Divers. Metals & Mining

## Disponibilités
# INCREASED (SECURITIES)
## Gogold Resources Skeena Resources

## Predictive Orezone Gold Goldsource Mines Inc
0.5
0.5

Translation (ENFR, 2021-06-30):
# PONDÉRATIONS EN HAUSSE (TITRES)
## Gogold Resources Skeena Resources

## Predictive Orezone Gold Goldsource Mines Inc
0.5
0.5
| NET PERFORMANCE IN EUR | Fund | Bench. |  |  | Fund | Bench. |
| --- | --- | --- | --- | --- | --- | --- |
| YTD | -18.15% | -14.77% |  |  | - | - |
| 1 month | 5.31% | 5.35% |  |  | - | - |
| 3 months | 1.14% | 2.93% |  |  | - | - |
| 1 year | -14.50% | -11.07% |  |  | - | - |
| 3 years | 21.52% | 28.31% |  |  | 6.68% | 8.62% |
| 5 years | 35.20% | 47.76% |  |  | 6.19% | 8.09% |
| Total return (since 02.10.2017) | 39.88% | 54.60% |  |  | 6.69% | 8.77% |
| STATISTICS  30.11.2017 - 30.11.2022 | Fund | Bench. |  |  |  | Fund |
| Annualised volatility | 18.48% | 18.53% |  | Number of positions |  | 527 |
| Sharpe ratio | 0.36 | 0.46 |  |  |  |  |
| Max. drawdown | -26.84% | -25.08% |  |  |  |  |
| Correlation |  | 0.992 |  |  |  |  |
| Tracking error |  | 2.31% |  |  |  |  |

Translation (ENFR, 2022-11-30):
| PERFORMANCE NETTE EN EUR | Fonds | Indice |  |  | Fonds | Indice |
| --- | --- | --- | --- | --- | --- | --- |
| Année en cours | -18.15% | -14.77% |  |  | - | - |
| 1 mois | 5.31% | 5.35% |  |  | - | - |
| 3 mois | 1.14% | 2.93% |  |  | - | - |
| 1 an | -14.50% | -11.07% |  |  | - | - |
| 3 ans | 21.52% | 28.31% |  |  | 6.68% | 8.62% |
| 5 ans | 35.20% | 47.76% |  |  | 6.19% | 8.09% |
| Perf. totale (depuis 02.10.2017) | 39.88% | 54.60% |  |  | 6.69% | 8.77% |
| STATISTIQUES  30.11.2017 - 30.11.2022 | Fonds | Indice |  |  |  | Fonds |
| Volat. annualisée | 18.48% | 18.53% |  | Nombre de positions |  | 527 |
| Ratio de Sharpe | 0.36 | 0.46 |  |  |  |  |
| Baisse maximum | -26.84% | -25.08% |  |  |  |  |
| Corrélation |  | 0.992 |  |  |  |  |
| Tracking Error |  | 2.31% |  |  |  |  |
| NET PERFORMANCE IN USD | Fund | Bench. |  |  | Fund | Bench. |
| --- | --- | --- | --- | --- | --- | --- |
| YTD | 7.47% | 7.36% |  |  | - | - |
| 1 month | -2.33% | -2.38% |  |  | - | - |
| 3 months | 1.27% | 0.92% |  |  | - | - |
| 1 year | -6.59% | -5.85% |  |  | - | - |
| 3 years | 45.13% | 36.90% |  |  | 13.17% | 10.99% |
| 5 years | 55.59% | 41.67% |  |  | 9.21% | 7.19% |
| Total return (since 31.05.2017) | 74.04% | 57.66% |  |  | 10.08% | 8.21% |
| STATISTICS  28.02.2018 - 28.02.2023 | Fund | Bench. |  |  |  | Fund |
| Annualised volatility | 21.92% | 22.87% |  | Number of positions |  | 85 |
| Sharpe ratio | 0.35 | 0.25 |  |  |  |  |
| Max. drawdown | -26.72% | -29.81% |  |  |  |  |
| Correlation |  | 0.979 |  |  |  |  |
| Tracking error |  | 4.73% |  |  |  |  |

Translation (ENFR, 2023-02-28):
| PERFORMANCE NETTE EN USD | Fonds | Indice |  |  | Fonds | Indice |
| --- | --- | --- | --- | --- | --- | --- |
| Année en cours | 7.47% | 7.36% |  |  | - | - |
| 1 mois | -2.33% | -2.38% |  |  | - | - |
| 3 mois | 1.27% | 0.92% |  |  | - | - |
| 1 an | -6.59% | -5.85% |  |  | - | - |
| 3 ans | 45.13% | 36.90% |  |  | 13.17% | 10.99% |
| 5 ans | 55.59% | 41.67% |  |  | 9.21% | 7.19% |
| Perf. totale (depuis 31.05.2017) | 74.04% | 57.66% |  |  | 10.08% | 8.21% |
| STATISTIQUES  28.02.2018 - 28.02.2023 | Fonds | Indice |  |  |  | Fonds |
| Volat. annualisée | 21.92% | 22.87% |  | Nombre de positions |  | 85 |
| Ratio de Sharpe | 0.35 | 0.25 |  |  |  |  |
| Baisse maximum | -26.72% | -29.81% |  |  |  |  |
| Corrélation |  | 0.979 |  |  |  |  |
| Tracking Error |  | 4.73% |  |  |  |  |
# SECTORS (IN %)
Banks Tmt - Transport
22.4
Arcelormittal Softbank Group Corp Vodafone Group Plc Akelius Residential AB
ITAU UNIBANCO HLDG SA/KY
Saipem Finance Intl BV Abanca Corp Bancaria SA TEVA Pharm FNC NL II
Retail - Service - Consumer Product
Non-Bank Financials Autos - Aerospace Basic industries Chemicals - Health Capital Goods
Utilities Others

Translation (ENFR, 2023-02-28):
# SECTEURS (EN %)
Banques
22.4
Minerva Luxembourg SA
Arcelormittal Softbank Group Corp Vodafone Group Plc Akelius Residential AB
ITAU UNIBANCO HLDG SA/KY
Saipem Finance Intl BV Abanca Corp Bancaria SA TEVA Pharm FNC NL II
Tmt - Transport Retail - Service - Consumer Product
Non-Bank Financials Autos - Aerospace Industries de base Chimie - Santé Biens d'équipement
Services aux collectivités
Autres
# TOP 10 (IN %)
Walt Disney Co Dover Corp Hologic Inc
3.5
3.4
3.4

Translation (ENFR, 2023-01-31):
# 10 PRINCIPALES POSITIONS (EN %)
Walt Disney Co Dover Corp Hologic Inc
Cognizant Technology Solutions Corp
U.s. Bancorp Edison International Tjx Companies Inc Broadcom Inc Comcast Corp
American International Group Inc
3.5
3.4
3.4
3.4
3.4
3.4
3.3
3.3
3.3
3.3
# HIGHLIGHTS
PrivilEdge - PPM America US Corporate Bond is an actively managed long-only fund invested in investment grade corporate bonds issued in the United States denominated in dollars. The fund is managed by PPM America, Prudential plc’s fully owned asset management firm based in Chicago. The fund provides core exposure to the US corporate bond market and uses the Bloomberg Barclays US Corporate Index as a benchmark. The fund seeks to outperform the benchmark by exploiting market inefficiencies employing rigorous fundamental credit research and relative value analysis. The fund has the flexibility to invest up to 15% into structured finance securities (ABS, MBS and CMBS) and limits its active duration to +/- 1 year versus the benchmark.
NET CUMULATIVE PERFORMANCE AND ANNUAL PERFORMANCE IN EUR 
May 31, 2018 - Feb 28, 2023
120 
110
100
90

Translation (ENFR, 2023-02-28):
# POINTS CLÉS
PrivilEdge - PPM America US Corporate Bond est un fonds long-only à gestion active qui investit dans des obligations d’entreprise de qualité émises aux Etats-Unis et libellées en USD. Le Fonds est géré par PPM America, une société de gestion d’actifs basée à Chicago et détenue à part entière par Prudential plc. Il offre une exposition de base au marché des obligations d’entreprise américaines et utilise l’indice Bloomberg Barclays US Corporate comme indice de référence. Le Fonds vise à surperformer l’indice de référence en exploitant les inefficiences du marché grâce à la rigoureuse recherche Crédit fondamentale et à l’analyse de la valeur relative. Le Fonds peut investir jusqu’à 15% de ses actifs dans des titres financiers structurés (ABS, MBS et CMBS) et limite sa duration active à +/- 1 an par rapport à l’indice de référence.
PERFORMANCE CUMULÉE ET PERFORMANCE ANNUELLE NETTES EN EUR 
31 mai 2018 - 28 févr. 2023
120 
110
100
90
# TOP 10 (IN %)
Apple Computer Com
Microsoft Corp amazon.com
Tesla Alphabet A UnitedHealth Group
Alphabet Johnson & Johnson Nestle Chf1 (regd) JP Morgan Chase
5.5

Translation (ENFR, 2022-09-30):
# 10 PRINCIPALES POSITIONS (EN %)
Apple Computer Com
Microsoft Corp amazon.com
Tesla Alphabet A UnitedHealth Group
Alphabet Johnson & Johnson Nestle Chf1 (regd) JP Morgan Chase
5.5
| and operating margins. Innovation in biotech has created large | Bloomberg | VSGPEUR LX |
| --- | --- | --- |
| new markets, and tremendous commercial potential remains in | Management fee | 1.80% |
| many diseases and novel therapeutic modalities, such as mRNA | Ongoing charges (incl. Mgmt. fee) as of 30.06.2022 | 2.19% |
| and gene therapy. | Maximum entry / switching / exit fee  1) | 2.00% / 1.50% / 0.00% |

Translation (ENFR, 2023-02-28):
| taire et commercial favorable, avec un délai de développement | Bloomberg | VSGPEUR LX |
| --- | --- | --- |
| potentiellement raccourcis, une adoption rapide par le marché | Commission de gestion | 1.80% |
| ainsi que des prix et marges d'exploitation solides. L'innovation | Frais courants (incl. comm. gest.) au 30.06.2022 | 2.19% |
| dans la biotechnologie a créé de nouveaux marchés importants | Frais d'entrée / conversion / sortie, max.  1) | 2.00% / 1.50% / 0.00% |