| Summary Statistics |  | Asset Allocation |  |  | Maturity Breakdown |  |
| --- | --- | --- | --- | --- | --- | --- |
| Average Yield to Maturity | 0,7% | Developed Countries Government Bonds | 16,4% |  | <1 Years | 6,2% |
| Modified Duration (before derivatives) | 4,1 | Asia Pacific | 0,6% |  | 1-3 Years | 21,7% |
| Modified Duration (after derivatives) | 3,7 | EMU | 15,8% |  | 3-5 Years | 40,5% |
| Average Maturity | 4,2 years | Emerging Markets Government Bonds | 19,8% |  | 5-7 Years | 20,6% |
| Average Rating (BLI) | BBB+ | EEMEA | 10,9% |  | 7-10 Years | 10,4% |
| Weight of Top 10 Holdings | 15,7% | Asia Pacific | 6,0% |  | >10 Years | 0,6% |
| Number of holdings | 137 | Latin America | 2,9% |  |  |  |
|  |  | Developed Countries Corporate Bonds | 46,5% |  | Currency Breakdown |  |
| Top Holdings |  | Materials | 4,9% |  | EUR | 90,0% |
| Ireland 1% 15-05-26 | 2,2% | Industrials | 4,8% |  | USD | 4,0% |
| Portugal 2,875% 15-10-25 | 1,6% | Consumer Discretionary | 7,2% |  | MXN | 1,7% |
| Portugal 4,95% 25-10-23 | 1,6% | Consumer Staples | 1,9% |  | CNY | 1,4% |
| Peru 2,75% 30-01-2026 | 1,6% | Health Care | 2,0% |  | CZK | 1,2% |
| Morocco 3,5% 19-06-2024 | 1,5% | Financials | 6,4% |  | HUF | 0,6% |
| Nederlandse Waterschapsbank 1% 03-09-25 | 1,5% | Technology | 3,2% |  | SGD | 0,6% |
| Indonesia 2,625% 14-06-23 | 1,5% | Communications | 6,4% |  | RUB | 0,5% |
| Asian Development Bank 0,35%16-07-25 | 1,4% | Utilities | 7,7% |  |  |  |
| Leaseplan Corp 3,5% 09-04-25 | 1,4% | Energy | 2,1% |  | Regional Allocation |  |
| Apple 0% Sen 15-11-25 | 1,4% | Emerging Markets Corporate Bonds | 7,9% |  | EMU | 43,7% |
|  |  | Energy | 1,1% |  | Europe ex EMU | 11,0% |
| New Investments in September |  | Materials | 0,9% |  | Supranational | 4,7% |
| Albania 3,5% 16-06-27 | 0,9% | Industrials | 0,7% |  | EEMEA | 16,3% |
| Senegal 4,75% 13-03-28 | 0,9% | Financials | 0,6% |  | Asia Pacific | 9,6% |
| Republique du Benin 5,75% 26-03-26 | 0,8% | Communications | 0,5% |  | North America | 6,0% |
| European Energy AS 16-09-25 | 0,6% | Utilities | 4,1% |  | Latin America | 4,0% |
| RZD Capital 2,2% 23-05-27 | 0,4% | Supranational Bonds | 4,7% |  | Japan | 0,0% |
|  |  | Microfinance | 1,1% |  | Microfinance | 1,1% |
| Investments sold in September |  | Cash | 3,6% |  | Cash | 3,6% |
| Tennet Holding Bv 2% 5-6-2034 | 1,3% |  |  |  |  |  |
| Mitsubishi 0,98% 09-10-23 | 0,7% |  |  |  |  |  |
| Tennet Holding 1,25% 24-10-33 | 0,6% |  |  |  |  |  |
| DZ Bank AG 0,5% 02-10-23 | 0,6% |  |  |  |  |  |
| MOL 2,625% 28-04-23 | 0,3% |  |  |  |  |  |

Translation (ENFR, 2021-09-30):
| Statistiques principales |  | Allocation d'actifs |  |  | Répartition par maturités |  |
| --- | --- | --- | --- | --- | --- | --- |
| Rendement moyen à échéance | 0,7% | Obligations d'État pays développés | 16,4% |  | <1 An | 6,2% |
| Duration modifiée (avant couverture) | 4,1 | Asie-Pacifique | 0,6% |  | 1-3 Ans | 21,7% |
| Duration modifiée (après couverture) | 3,7 | UEM | 15,8% |  | 3-5 Ans | 40,5% |
| Maturité moyenne | 4,2 years | Obligations d'État marchés émergents | 19,8% |  | 5-7 Ans | 20,6% |
| Rating moyen (BLI) | BBB+ | EEMEA | 10,9% |  | 7-10 Ans | 10,4% |
| Poids des Top 10 | 15,7% | Asie-Pacifique | 6,0% |  | >10 Ans | 0,6% |
| # de positions | 137 | Amérique latine | 2,9% |  |  |  |
|  |  | Obligations d'entreprises pays développés | 46,5% |  | Répartition par devises |  |
| Principales positions |  | Matériaux | 4,9% |  | EUR | 90,0% |
| Ireland 1% 15-05-26 | 2,2% | Produits industriels | 4,8% |  | USD | 4,0% |
| Portugal 2,875% 15-10-25 | 1,6% | Consommation discrétionnaire | 7,2% |  | MXN | 1,7% |
| Portugal 4,95% 25-10-23 | 1,6% | Consommation de base | 1,9% |  | CNY | 1,4% |
| Peru 2,75% 30-01-2026 | 1,6% | Santé | 2,0% |  | CZK | 1,2% |
| Morocco 3,5% 19-06-2024 | 1,5% | Services financiers | 6,4% |  | HUF | 0,6% |
| Nederlandse Waterschapsbank 1% 03-09-2 | 1,5% | Technologie | 3,2% |  | SGD | 0,6% |
| Indonesia 2,625% 14-06-23 | 1,5% | Communication | 6,4% |  | RUB | 0,5% |
| Asian Development Bank 0,35%16-07-25 | 1,4% | Services publics | 7,7% |  |  |  |
| Leaseplan Corp 3,5% 09-04-25 | 1,4% | Energie | 2,1% |  | Allocation géographique |  |
| Apple 0% Sen 15-11-25 | 1,4% | Obligations d'entreprises marchés émergents | 7,9% |  | UEM | 43,7% |
|  |  | Energie | 1,1% |  | Europe ex UEM | 11,0% |
| Nouveaux investissements en septembre |  | Matériaux | 0,9% |  | Supranationale | 4,7% |
| Albania 3,5% 16-06-27 | 0,9% | Produits industriels | 0,7% |  | EEMEA | 16,3% |
| Senegal 4,75% 13-03-28 | 0,9% | Financières | 0,6% |  | Asie-Pacifique | 9,6% |
| Republique du Benin 5,75% 26-03-26 | 0,8% | Communication | 0,5% |  | Amérique du Nord | 6,0% |
| European Energy AS 16-09-25 | 0,6% | Services publics | 4,1% |  | Amérique latine | 4,0% |
| RZD Capital 2,2% 23-05-27 | 0,4% | Obligations supranationales | 4,7% |  | Japon | 0,0% |
|  |  | Microfinance | 1,1% |  | Microfinance | 1,1% |
| Investissements vendus en septembre |  | Liquitidés | 3,6% |  | Liquitidés | 3,6% |
| Tennet Holding Bv 2% 5-6-2034 | 1,3% |  |  |  |  |  |
| Mitsubishi 0,98% 09-10-23 | 0,7% |  |  |  |  |  |
| Tennet Holding 1,25% 24-10-33 | 0,6% |  |  |  |  |  |
| DZ Bank AG 0,5% 02-10-23 | 0,6% |  |  |  |  |  |
| MOL 2,625% 28-04-23 | 0,3% |  |  |  |  |  |