OVHaiLLM/Flipper huggingface dataset:
## Financial characteristics
NAV (€)87.40
Net assets (€M)84
Number of equities holdings	40
Average market cap. (€Bn)28
Performance 
(from 09/02/2021 to 30/09/2022)
Past performance is not a guarantee of future performance
DNCA INVEST BEYOND CLIMATE (A Share) Cumulative performance	Reference Index
(1)
130
120
110
100
-7.59%
90
-12.60%
80
Feb-21	May-21	Aug-21	Nov-21	Feb-22	May-22	Aug-22
(1)EURO STOXX Net Return

Translation (ENIT, 2022-09-30):
## Indici finanziari
NAV (€)	87,40
Attivo Netto (m€)84
Numero totale di titoli azionari	40
Capitalizzazione media (md€)28
Price to Earning Ratio 2022e	14,3x
Price to Book 2021	1,8x
EV/EBITDA 2022e	8,4x
100
90
80
feb-21	mag-21	ago-21	nov-21	feb-22	mag-22	ago-22
(1)EURO STOXX Net Return
### * Risk free rate : Performance of annualised capitalised Eonia over the period
5 years	6.99	14.46
Since inception	4.49	12.16
ANNUALISED PERFORMANCE
(Quarter end)
Fund % Index %

Translation (ENIT, 2020-08-31):
### * Tasso privo di rischio : Rendimento annualizzato dell' EONIA capitalizzato sul periodo
5 anni	6,99	14,46
Dal lancio	4,49	12,16
RENDIMENTI ANNUALIZZATI
(fine trimestre)
Fondo % Indice %
Illustrative growth of 10,000 (EUR) 
(from 30/03/2020 to 30/09/2022)
18,000
17,000
16,000
15,000
14,000
13,000
12,000
11,000
10,000
9,000
Mar-20	Jul-20	Oct-20	Jan-21	May-21	Aug-21	Nov-21	Mar-22	Jun-22	Sep-22
Fund 11,087	Index 12,956

Translation (ENIT, 2022-09-30):
Crescita di 10.000 (EUR) 
(dal 30/03/2020 al 30/09/2022)
18,000
17,000
16,000
15,000
14,000
13,000
12,000
11,000
10,000
9,000
Mar-20	Jul-20	Oct-20	Jan-21	May-21	Aug-21	Nov-21	Mar-22	Jun-22	Sep-22
Fondo 11,087	Indice 12,956
#### Coverage: Calculated as a percentage of assets excluding cash investments
78.9
Fund rating Investment universe
RATING - PROPRIETARY METHODOLOGY

Translation (ENIT, 2022-10-31):
### Copertura: calcolata in percentuale delle attività esclusa la liquidità
78.9
almeno uno dei pilastri. Gli emittenti con una valutazione ambientale o sociale inferiore a 10 oppure un punteggio di governance inferiore a 30 sono esclusi, così come tutti quelli con una valutazione extrafinanziaria globale inferiore a 40.
La nostra metodologia fa anche leva sui dati elementari forniti da un provider esterno. Poniamo la governance al centro dell'analisi ESG riuscendo a minimizzare determinati rischi/opportunità ambientali e sociali.
PUNTGGIO DELLE PRIME 5 POSIZIONI DEL FONDO
Punteggio del fondo	Universo d'investimento
VALUTAZIONE – METODOLOGIA PROPRIETARIA
Illustrative growth of 10,000 (CHF) 
(from 16/12/2019 to 30/09/2022)
18,000
16,000
14,000
12,000
10,000
8,000
6,000
Dec-19	Apr-20	Jul-20	Nov-20	Mar-21	Jul-21	Oct-21	Feb-22	Jun-22	Sep-22
Fund 9,228	Index 10,630

Translation (ENIT, 2022-09-30):
Crescita di 10.000 (CHF) 
(dal 16/12/2019 al 30/09/2022)
18,000
16,000
14,000
12,000
10,000
8,000
6,000
Dec-19	Apr-20	Jul-20	Nov-20	Mar-21	Jul-21	Oct-21	Feb-22	Jun-22	Sep-22
Fondo 9,228	Indice 10,630
#### Monthly report as at 30 November 2022
Breakdown by asset class
Geographical breakdown *	Sector breakdown *
Breakdown by currency	Breakdown by market capitalisation*

Translation (ENIT, 2022-11-30):
#### Report mensile al 30 novembre 2022
Ripartizione per asset class
Ripartizione geografica *	Ripartizione settoriale *
Ripartizione per valuta	Ripartizione per capitalizzazione*
## AVAILABLE SHARE CLASSES
Share Class  ISIN	Bloomberg I/A (EUR)	IE00B23XDV11  LSIIIAE ID
I/A (USD)	IE00B23XDT98  LSIIIAU ID
I/D (USD)	IE0003063223 CDCHIYL ID H-I/A (CHF) IE00B73HT547 LSHHIAC ID H-I/A (EUR)   IE00B1Z6CS11 LSIHIAE ID

Translation (ENIT, 2020-08-31):
## CLASSI DI AZIONI DISPONIBILI
Classi di Azioni  ISIN	Bloomberg I/A (EUR)	IE00B23XDV11  LSIIIAE ID
I/A (USD)	IE00B23XDT98  LSIIIAU ID
I/D (USD)	IE0003063223 CDCHIYL ID H-I/A (CHF) IE00B73HT547 LSHHIAC ID H-I/A (EUR)   IE00B1Z6CS11 LSIHIAE ID
| ANNUALISED PERFORMANCE ( (Month end) | %)	Fund | Index |  | ANNUALISED PERFORMANCE (%)	Fund | Index |
| --- | --- | --- | --- | --- | --- |
| 3 years | 5.84 | 4.53 |  | 3 years | 4.47 | 2.89 |
| 5 years | 6.21 | 6.27 |  | 5 years | 5.48 | 5.13 |
| 10 years | 5.02 | 6.79 |  | 10 years | 5.20 | 7.13 |
| Since inception | 5.19 | 7.43 |  | Since inception | 4.70 | 6.83 |

Translation (ENIT, 2022-07-29):
| RENDIMENTI ANNUALIZZATI (fine mese) | (%)	Fondo | Indice |  | RENDIMENTI ANNUALIZZATI (%) (fine trimestre) | Fondo | Indice |
| --- | --- | --- | --- | --- | --- | --- |
| 3 anni | 5,84 | 4,53 |  | 3 anni | 4,47 | 2,89 |
| 5 anni | 6,21 | 6,27 |  | 5 anni | 5,48 | 5,13 |
| 10 anni | 5,02 | 6,79 |  | 10 anni | 5,20 | 7,13 |
| Dal lancio | 5,19 | 7,43 |  | Dal lancio | 4,70 | 6,83 |
Illustrative growth of 10,000 (USD) 
(from 12/02/2020 to 31/10/2022)
15,000
14,000
13,000
12,000
11,000
10,000
9,000
8,000
7,000
6,000
Feb-20	Jun-20	Sep-20	Jan-21	Apr-21	Aug-21	Dec-21	Mar-22	Jul-22	Oct-22
Fund 11,104	Index 11,487

Translation (ENIT, 2022-10-31):
Crescita di 10.000 (USD) 
(dal 12/02/2020 al 31/10/2022)
15,000
14,000
13,000
12,000
11,000
10,000
9,000
8,000
7,000
6,000
Feb-20	Jun-20	Sep-20	Jan-21	Apr-21	Aug-21	Dec-21	Mar-22	Jul-22	Oct-22
Fondo 11,104	Indice 11,487
###### Companies are initially assessed individually according to a specific sector framework. This method focuses on two main indicators:
- "induced" emissions arising from the "lifecycle" of a company's activities, taking into account both direct emissions and those of suppliers and products
- "avoided" emissions due to improvements in energy efficiency or "green" solutionsThese indicators are enhanced with an assessment of corporate policies and decarbonisation targets.

Translation (ENIT, 2022-10-31):
##### In un primo momento le società vengono valutate singolarmente sulla base di un quadro di riferimento specifico a seconda del settore. Il metodo si sofferma su due indicatori principali:
- Emissioni "indotte" risultanti dal "ciclo di vita" delle attività di un'impresa, tenendo conto al contempo delle emissioni dirette e di quelle dei fornitori e dei prodotti.
- Emissioni "evitate" grazie al miglioramento dell'efficacia energetica o delle soluzioni "verdi" In un primo momento, ogni impresa viene valutata individualmente in base a un quadro di valutazione specifico per ogni settore.
###### PERFORMANCE DATA SHOWN REPRESENTS PAST PERFORMANCE AND IS NOT A GUARANTEE OF FUTURE RESULTS.
Illustrative growth of 10,000 (EUR) 
(from 21/12/2018 to 31/10/2022)
14,000
13,500
13,000
12,500
12,000
11,500
11,000
10,500
10,000
9,500
9,000
Dec-18	May-19	Oct-19	Apr-20	Sep-20	Feb-21	Jul-21	Dec-21	May-22	Oct-22
Fund 11,287	Index 11,244

Translation (ENIT, 2022-10-31):
I DATA DI PERFORMANCE RIPORTATI SI RIFERISCONO AI RENDIMENTI PASSATI E NON SONO INDICTIVI DEI RISULTATI FUTURI.
Crescita di 10.000 (EUR) 
(dal 21/12/2018 al 31/10/2022)
14,000
13,500
13,000
12,500
12,000
11,500
11,000
10,500
10,000
9,500
9,000
Dec-18	May-19	Oct-19	Apr-20	Sep-20	Feb-21	Jul-21	Dec-21	May-22	Oct-22
Fondo 11,287	Indice 11,244
### QQQ | 31/12/2021
Morningstar category 
TM
Global Corporate Bond - EUR Hedged Reference Index
BLOOMBERG GLOBAL AGGREGATE CREDIT TOTAL RETURN INDEX VALUE HEDGED EUR

Translation (ENIT, 2022-01-31):
### Conseguire rendimenti elevati attraverso flussi cedolari e crescita del capitale
Morningstar Rating 
TM
QQQ | 31/12/2021
Categoria Morningstar 
TM
Global Corporate Bond - EUR Hedged Indice
BLOOMBERG GLOBAL AGGREGATE CREDIT TOTAL RETURN INDEX VALUE HEDGED EUR
CARATTERISTICHE DEL FONDO
### EXCLUSIVELY FOR PROFESSIONAL INVESTORS OR NON-PROFESSIONALS INVESTED IN THE FUND
DNCA EUROPE SMALLER COMPANIES FUND
JULY 2021	
SHARE CLASS 
: R/A (EUR)
 ABOUT THE FUND	
Investment Objective
The investment objective of DNCA Europe Smaller Companies Fund is long term growth of capital. In the same time, the Fund applies a Sustainable and Responsible Investment ("SRI") approach through integration of Environmental, Social and Governance ("ESG") criteria in fundamental analysis.
Overall Morningstar Rating 
TM
QQQ | 30/06/2021
Morningstar category 
TM 
Europe Mid-Cap Equity Reference Index
MSCI EUROPE SMALL CAP DNR €

Translation (ENIT, 2021-07-30):
#### ESCLUSIVAMENTE PER INVESTITORI PROFESSIONALI O NON PROFESSIONALI CHE INVESTONO NEL FONDO
DNCA EUROPE SMALLER COMPANIES FUND
LUGLIO 2021	
CLASSI DI AZIONI 
: R/A (EUR)
 DESCRIZIONE	
Obiettivo d'investimento
L'obiettivo d'investimento di DNCA Europe Smaller Companies Fund consiste nell'incrementare il capitale nel lungo periodo. Al contempo, il Fondo applica un approccio di Investimento sostenibile e responsabile ("SRI") integrando i criteri ambientali, sociali e di governance ("ESG") nell'analisi fondamentale.
Morningstar Rating 
TM
QQQ | 30/06/2021
Categoria Morningstar 
TM 
Europe Mid-Cap Equity Indice
MSCI EUROPE SMALL CAP DNR €
### Investor Type	Retail
AVAILABLE SHARE CLASSES
Share Class	ISIN	Bloomberg H-R/A (USD)	LU1120692592 NINESHU LX R/A (EUR)	LU0064070138 CDCESCR LX R/D (EUR)	LU0064070211 CDCESCD LX R/A (SGD)	LU0648006558 NIFLSRS LX R/A (USD)	LU1272194355 NAESRAU LX
RISK & REWARD PROFILE
Lower risk	Higher risk
Typically lower rewards	Typically higher rewards
1  2  3  4  567 
The category of the synthetic risk-return indicator is based on historical data.
Due to its exposure to equity markets, the Fund may experience significant volatility, as expressed by its rank on the above scale.
- Equity risk
- ESG driven investments
- Exchange Rates
- Geographic concentration risk
- Growth/Value Equities risk
- Smaller Capitalization riskThe Fund is subject to sustainability risks.

Translation (ENIT, 2021-07-30):
#### Tipologia di investitori	Privato
CLASSI DI AZIONI DISPONIBILI
Classi di Azioni	ISIN	Bloomberg H-R/A (USD)	LU1120692592 NINESHU LX R/A (EUR)	LU0064070138 CDCESCR LX R/D (EUR)	LU0064070211 CDCESCD LX R/A (SGD)	LU0648006558 NIFLSRS LX R/A (USD)	LU1272194355 NAESRAU LX
PROFILO RISCHIO/RENDIMENTO
più basso	più alto
Rendimento potenzialmente più	Rendimento potenzialmente più basso		alto
1  2  3  4  567 
La categoria dell’indicatore sintetico di rischio e di rendimento si basa su dati storici.
A causa dell'esposizione ai mercati azionari, il Fondo pò essere soggetto a una forte volatilità, come indicato dalla classificazione della scala precedente.
- Rischio azionario
- Investimenti improntati a criteri ESG
- Tassi di cambio
- Rischio di concentrazione geografica
- Rischio associato alla crescita/al valore dei titoli
- Rischio piccola capitalizzazioneIl Fondo è soggetto a rischi per la sostenibilità.
Illustrative growth of 10,000 (EUR) 
(from 08/11/2013 to 31/10/2022)
19,000
18,000
17,000
16,000
15,000
14,000
13,000
12,000
11,000
10,000
9,000
Nov-13	Nov-14	Nov-15	Nov-16	Nov-17	Nov-18	Nov-19	Oct-20	Oct-21	Oct-22
Fund 13,713	Index 15,297

Translation (ENIT, 2022-10-31):
Crescita di 10.000 (EUR) 
(dal 08/11/2013 al 31/10/2022)
19,000
18,000
17,000
16,000
15,000
14,000
13,000
12,000
11,000
10,000
9,000
Nov-13	Nov-14	Nov-15	Nov-16	Nov-17	Nov-18	Nov-19	Oct-20	Oct-21	Oct-22
Fondo 13,713	Indice 15,297
## Financial characteristics
NAV (€)63.07
Net assets (€M)278
Number of equities holdings	48
Average market cap. (€Bn)292
Price to Earning Ratio 2022e	24.1x
Price to Book 2021	6.7x
EV/EBITDA 2022e	15.0x
ND/EBITDA 2021	-0.4x
Price to Cash-Flow 2022e	19.2x
Dividend yield 2021e	0.67%
Performance 
(from 06/09/2021 to 30/09/2022)
Past performance is not a guarantee of future performance
DNCA INVEST GLOBAL NEW WORLD (N Share) Cumulative performance	Reference Index
(1)
110
100
-8.79%
90
80
70
-37.24%
60
Sep-21	Nov-21	Jan-22	Mar-22	May-22	Jul-22	Sep-22
(1)MSCI ACWI Net Total Return EUR Index

Translation (ENIT, 2022-09-30):
## Indici finanziari
NAV (€)	63,07
Attivo Netto (m€)278
Numero totale di titoli azionari	48
Capitalizzazione media (md€)292
Price to Earning Ratio 2022e	24,1x
Price to Book 2021	6,7x
EV/EBITDA 2022e	15,0x
ND/EBITDA 2021	-0,4x
Price to Cash-Flow 2022e	19,2x
Dividend yield 2021e	0,67%
Performance 
(dal 06/09/2021 al 30/09/2022)
Le performance passate non costituiscono in alcun modo un indicatore di quelle future
DNCA INVEST GLOBAL NEW WORLD (Classe N) Performance cumulata	Indice di riferimento
(1)
110
100
-8,79%
90
80
70
-37,24%
60
set-21	nov-21	gen-22	mar-22	mag-22	lug-22	set-22
(1)MSCI ACWI Net Total Return EUR Index
Illustrative growth of 10,000 (EUR) 
(from 28/09/2021 to 28/02/2023)
12,000
11,500
11,000
10,500
10,000
9,500
9,000
8,500
8,000
Sep-21	Nov-21	Jan-22	Mar-22	May-22	Jul-22	Sep-22	Nov-22	Dec-22	Feb-23
Fund 9,232	Index 9,868

Translation (ENIT, 2023-02-28):
Crescita di 10.000 (EUR) 
(dal 28/09/2021 al 28/02/2023)
12,000
11,500
11,000
10,500
10,000
9,500
9,000
8,500
8,000
Sep-21	Nov-21	Jan-22	Mar-22	May-22	Jul-22	Sep-22	Nov-22	Dec-22	Feb-23
Fondo 9,232	Indice 9,868
## Financial characteristics
NAV (€)80.76
Net assets (€M)53
Performance 
(from 05/11/2019 to 30/09/2022)
Past performance is not a guarantee of future performance
DNCA INVEST LAFITENIA SUSTAIN BB (I Share) Cumulative performance	Reference Index
(1)
110
100
90
-12.32%
-19.24%
80
Nov-19	May-20	Nov-20	May-21	Nov-21	May-22
(1)50% Bloomberg Barclays Euro Corporate 500 – BBB index + 50% Bloomberg Barclays Euro High Yield BB Rating only index

Translation (ENIT, 2022-09-30):
## Indici finanziari
NAV (€)	80,76
Attivo Netto (m€)53
Performance 
(dal 05/11/2019 al 30/09/2022)
Le performance passate non costituiscono in alcun modo un indicatore di quelle future
DNCA INVEST LAFITENIA SUSTAIN BB (Classe I) Performance cumulata	Indice di riferimento
(1)
110
100
90
-12,32%
-19,24%
80
nov-19	mag-20	nov-20	mag-21	nov-21	mag-22
(1)50% Bloomberg Barclays Euro Corporate 500 – BBB index + 50% Bloomberg Barclays Euro High Yield BB Rating only index
| CREDIT QUALITY (%) | Fund | Index |
| --- | --- | --- |
| AAA | 45.0 | 29.5 |
| [AA+;AA-] | 8.8 | 13.9 |
| [A+;A-] | 11.8 | 27.6 |
| [BBB+;BBB-] | 15.5 | 14.5 |
| [BB+;BB-] | 5.0 | 0.1 |
| NR | 10.7 | 14.3 |
| Cash & cash equivalent | 3.1 | - |

Translation (ENIT, 2023-01-31):
| RIPARTIZIONE PER RATING (%) | Fondo | Indice |
| --- | --- | --- |
| AAA | 45,0 | 29,5 |
| [AA+;AA-] | 8,8 | 13,9 |
| [A+;A-] | 11,8 | 27,6 |
| [BBB+;BBB-] | 15,5 | 14,5 |
| [BB+;BB-] | 5,0 | 0,1 |
| NR | 10,7 | 14,3 |
| Liquidità ed equivalenti | 3,1 | - |
Illustrative growth of 10,000 (EUR) 
(from 06/09/2019 to 31/01/2023)
17,000
16,000
15,000
14,000
13,000
12,000
11,000
10,000
9,000
8,000
7,000
Sep-19	Jan-20	Jun-20	Oct-20	Mar-21	Jul-21	Dec-21	Apr-22	Sep-22	Jan-23
Fund 11,843	Index 13,150

Translation (ENIT, 2023-01-31):
Crescita di 10.000 (EUR) 
(dal 06/09/2019 al 31/01/2023)
17,000
16,000
15,000
14,000
13,000
12,000
11,000
10,000
9,000
8,000
7,000
Sep-19	Jan-20	Jun-20	Oct-20	Mar-21	Jul-21	Dec-21	Apr-22	Sep-22	Jan-23
Fondo 11,843	Indice 13,150
Illustrative growth of 10,000 (EUR) 
(from 28/02/2019 to 31/10/2022)
20,000
18,000
16,000
14,000
12,000
10,000
8,000
Feb-19	Jul-19	Dec-19	May-20	Oct-20	Mar-21	Aug-21	Jan-22	Jun-22	Oct-22
Fund 14,289	Index 14,309

Translation (ENIT, 2022-10-31):
Crescita di 10.000 (EUR) 
(dal 28/02/2019 al 31/10/2022)
20,000
18,000
16,000
14,000
12,000
10,000
8,000
Feb-19	Jul-19	Dec-19	May-20	Oct-20	Mar-21	Aug-21	Jan-22	Jun-22	Oct-22
Fondo 14,289	Indice 14,309
## Average ESG Score: 5.2/10
ESG risk breakdown(1)	International norm based compliance
Limited 8-10
Low 6-8
25,2%
Child labour Discrimination Freedom of association
Moderate 4-6
High 2-4
Severe 0-2
6,7%
68,2%
Money laundering Freedom of press Human rights Labour rights
Torture
	100,0%	
	93,8%	
	68,1%	
	93,8%	
	93,8%

Translation (ENIT, 2023-01-31):
## Grado ESG medio : 5,2/10
Ripartizione del rischio ESG(1)	Conformità agli standard internazionali
Limitato 8-10
Basso 6-8
25,2%
Lavoro minorile Discriminazione Libertà di associazione
Moderato 4-6
Elevato 2-4
Grave 0-2
6,7%
68,2%
Riciclaggio di denaro Libertà di stampa
Diritti umani Diritti del lavoro
Tortura
	100,0%	
	93,8%	
	68,1%	
	93,8%	
	93,8%
| STRATEGY ALLOCATION | Net Exp. % | Long Phys. % | Long Deriv. % | Long Total % | Short Phys. % | Short Deriv. % | Short Total % |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Securitized | 39.05 | 39.05 | - | 39.05 | - | - | - |
| Global Rates | 1.50 | 1.50 | - | 1.50 | - | - | - |
| Global Credit | 0.35 | 0.89 | - | 0.89 | - | -0.54 | -0.54 |
| High Yield Corporate Credit | 22.35 | 17.80 | 6.73 | 24.53 | - | -2.18 | -2.18 |
| Currency | - | - | - | - | - | - | - |
| Bank Loans | - | - | - | - | - | - | - |
| Emerging Markets | -1.73 | 2.25 | - | 2.25 | - | -3.98 | -3.98 |
| Convertibles | 2.68 | 2.68 | - | 2.68 | - | - | - |
| Risk Management | - | - | - | - | - | - | - |
| Investment Grade Corporate Credit | 18.66 | 19.87 | - | 19.87 | - | -1.21 | -1.21 |
| Dividend | 2.10 | 2.16 | - | 2.16 | - | -0.06 | -0.06 |
| Subtotal | 84.94 | 86.18 | - | 86.18 | - | -7.96 | -7.96 |
| Cash & Equivalents | 14.08 | 14.04 | - | 14.04 | - | - | - |
| Overall Net | 99.04 | 100.24	6.73	106.97 | - | -7.97 | -7.97 |
|  |  |  |  |  |  |
| MATURITY RANGE (YRS)	Fund % |  | CREDIT QUALITY |  |  | Fund % |

Translation (ENIT, 2020-08-31):
| ALLOCAZIONE PER STRATEGIA | Net Exp. % | Long Phys. % | Long Deriv. % | Long Total % | Short Phys. % | Short Deriv. % | Short Total % |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Titoli cartolarizzati | 39,05 | 39,05 | - | 39,05 | - | - | - |
| Tasso globale | 1,50 | 1,50 | - | 1,50 | - | - | - |
| Obbligazioni Corporate Investment Grade | 0,35 | 0,89 | - | 0,89 | - | -0,54 | -0,54 |
| Obbligazioni Corporate High Yield | 22,35 | 17,80 | 6,73 | 24,53 | - | -2,18 | -2,18 |
| Valuta | - | - | - | - | - | - | - |
| Prestiti bancari | - | - | - | - | - | - | - |
| Mercati emergenti | -1,73 | 2,25 | - | 2,25 | - | -3,98 | -3,98 |
| Obbligazioni convertibili | 2,68 | 2,68 | - | 2,68 | - | - | - |
| Gestione del rischio | - | - | - | - | - | - | - |
| Credit Globale | 18,66 | 19,87 | - | 19,87 | - | -1,21 | -1,21 |
| Dividend | 2,10 | 2,16 | - | 2,16 | - | -0,06 | -0,06 |
| Totale | 84,94 | 86,18 | - | 86,18 | - | -7,96 | -7,96 |
| Liquidità e strumenti equivalenti | 14,08 | 14,04 | - | 14,04 | - | - | - |
| Valore netto complessivo | 99,04 | 100,24	6,73	106,97	- | -7,97 | -7,97 |
|  |  |  |  |  |
| RIPARTIZIONE PER SCADENZE (ANNI)	Fondo % |  | RIPARTIZIONE PER RATING |  | Fondo % |
Illustrative growth of 10,000 (EUR) 
(from 15/04/2019 to 28/02/2023)
20,000
18,000
16,000
14,000
12,000
10,000
8,000
6,000
Apr-19	Sep-19	Feb-20	Jul-20	Jan-21	Jun-21	Nov-21	Apr-22	Sep-22	Feb-23
Fund 15,777	Index 13,731

Translation (ENIT, 2023-02-28):
Crescita di 10.000 (EUR) 
(dal 15/04/2019 al 28/02/2023)
20,000
18,000
16,000
14,000
12,000
10,000
8,000
6,000
Apr-19	Sep-19	Feb-20	Jul-20	Jan-21	Jun-21	Nov-21	Apr-22	Sep-22	Feb-23
Fondo 15,777	Indice 13,731
### Financial characteristics
NAV (€)146.67
Net assets (€M)284
Number of equities holdings	25
Price to Earning Ratio 2022e	12.7x
Price to Book 2021	2.7x
EV/EBITDA 2022e	7.3x
ND/EBITDA 2021	1.4x
Price to Cash-Flow 2022e	8.0x
Dividend yield 2021e	2.65%
Number of issuers	8
Average modified duration	2.65
Average maturity (years)	2.86
Average yield	5.27%
Average rating	AA
Performance 
(from 28/09/2012 to 30/09/2022)
Past performance is not a guarantee of future performance
DNCA INVEST EVOLUTIF (B Share) Cumulative performance	Reference Index
(1)
175
150
125
+50.45%
+36.54%
100
75
Sep-12	Sep-14	Sep-16	Sep-18	Sep-20	Sep-22
(1)40% Eurostoxx 50 + 10% MSCI AC World + 35% Euro FTSE MTS EMU GOV BOND 1-3 years + 15% €STR

Translation (ENIT, 2022-09-30):
### Indici finanziari
NAV (€)	146,67
Attivo Netto (m€)284
Numero totale di titoli azionari	25
Price to Earning Ratio 2022e	12,7x
Price to Book 2021	2,7x
EV/EBITDA 2022e	7,3x
Performance 
(dal 28/09/2012 al 30/09/2022)
Le performance passate non costituiscono in alcun modo un indicatore di quelle future
DNCA INVEST EVOLUTIF (Classe B) Performance cumulata	Indice di riferimento
(1)
175
ND/EBITDA 2021	1,4x
Price to Cash-Flow 2022e	8,0x
Dividend yield 2021e	2,65%
Numero di titoli	8
Duration modificata media	2,65
Scadenza media (anni)	2,86
Rendimento medio	5,27% Rating medio		AA
150
125
+50,45%
+36,54%
100
75
set-12	set-14	set-16	set-18	set-20	set-22
(1)40% Eurostoxx 50 + 10% MSCI AC World + 35% Euro FTSE MTS EMU GOV BOND 1-3 years + 15% €STR
## Financial characteristics
NAV (€)110.82
Net assets (€M)503
Bloomberg liquidity score	82.7%
Average modified duration	8.20
Volatility ex ante	6.78% Tracking Error ex ante
110
100
90
80
Dec-17	Oct-18	Aug-19	Jun-20	Apr-21	Feb-22
(1)Bloomberg Barclays World Govt Inflation-Linked All Maturities TR Hedged EUR

Translation (ENIT, 2022-09-30):
## Indici finanziari
NAV (€)	110,82
Attivo Netto (m€)503
Bloomberg liquidity score	82,7%
Duration modificata media	8,20
Volatilità ex ante	6,78%
Tracking Error ex ante	6,44%
110
100
90
80
dic-17	ott-18	ago-19	giu-20	apr-21	feb-22
(1)Bloomberg Barclays World Govt Inflation-Linked All Maturities TR Hedged EUR
3 months	1.35	1.44
Fund Standard Deviation (%)
3.53	3.91	4.72	3.65
- Impact of the management techniques
- Stock Connect risk
- Funds investing in structured instruments
- Sustainability riskThe Fund is subject to sustainability risks.

Translation (ENIT, 2023-11-30):
3 mesi	1,35	1,44
Deviazione standard del fondo (%)
3,53	3,91	4,72	3,65
- Rischio di credito
- Rischi legati a strumenti derivati/di controparte
- Impatto delle tecniche di gestione
- Rischio di Stock Connect
- Rischio associato agli strumenti strutturati
- Rischio di sostenibilitàIl Fondo è soggetto a rischi per la sostenibilità.
Belden Inc 3.38% 2027 (4.7)	1.66%
Denmark
1.6%	0.9%
TDC Net A/S 5.06% 2028 (6.0)	1.58%
Switzerland
0.9%	1.1%

Translation (ENIT, 2022-09-30):
Belden Inc 3.38% 2027 (4,7)	1,66%
Danimarca
1,6%	0,9%
TDC Net A/S 5.06% 2028 (6,0)	1,58%
Svizzera
0,9%	1,1%
Illustrative growth of 10,000 (EUR) 
(from 18/11/2019 to 30/09/2022)
13,000
12,000
11,000
10,000
9,000
8,000
7,000
6,000
Nov-19	Mar-20	Jul-20	Oct-20	Feb-21	Jun-21	Oct-21	Feb-22	Jun-22	Sep-22
Fund 9,576	Index 10,236

Translation (ENIT, 2022-10-31):
Crescita di 10.000 (EUR) 
(dal 18/11/2019 al 30/09/2022)
13,000
12,000
11,000
10,000
9,000
8,000
7,000
6,000
Nov-19	Mar-20	Jul-20	Oct-20	Feb-21	Jun-21	Oct-21	Feb-22	Jun-22	Sep-22
Fondo 9,576	Indice 10,236
Illustrative growth of 10,000 (CHF) 
(from 20/03/2020 to 31/01/2023)
22,000
20,000
18,000
16,000
14,000
12,000
10,000
8,000
Mar-20	Jul-20	Nov-20	Mar-21	Jun-21	Oct-21	Feb-22	Jun-22	Oct-22	Jan-23
Fund 13,391	Index 17,615

Translation (ENIT, 2023-01-31):
Crescita di 10.000 (CHF) 
(dal 20/03/2020 al 31/01/2023)
22,000
20,000
18,000
16,000
14,000
12,000
10,000
8,000
Mar-20	Jul-20	Nov-20	Mar-21	Jun-21	Oct-21	Feb-22	Jun-22	Oct-22	Jan-23
Fondo 13,391	Indice 17,615
3 months	-3.61	1.62
Fund Standard Deviation (%)
17.23	19.20	26.65	21.78
- Growth/Value Equities risk
- Risks related to global investing
- Portfolio Concentration risk
- Sustainability riskThe Fund is subject to sustainability risks.

Translation (ENIT, 2023-11-30):
3 mesi	-3,61	1,62
Deviazione standard del fondo (%)
17,23	19,20	26,65	21,78
13,53	16,01	19,51	16,16
- Rischi relativi agli investimenti globali
- Rischio associato alla concentrazione del portafoglio
- Rischio di sostenibilitàIl Fondo è soggetto a rischi per la sostenibilità.
| Financial characteristics |  |
| --- | --- |
| NAV (€) | 107.34 |
| Net assets (€M) | 66 |
| Number of equities holdings | 38 |
| Average market cap. (€) | 153 |
| Dividend yield 2020e | 0.71% |
| ND/EBITDA 2020 | 0.2x |
| Price to Book 2020 | 6.1x |
| Price Earning Ratio 2021e | 33.2x |
| EV/EBITDA 2021e | 22.2x |
| Price to Cash-Flow 2021e | 26.9x |

Translation (ENIT, 2021-06-30):
| Indici finanziari |  |
| --- | --- |
| NAV (€) | 107,34 |
| Attivo Netto (m€) | 66 |
| Numero totale di titoli azionari | 38 |
| Capitalizzazione media (€) | 153 |
| Dividend yield 2020e | 0,71% |
| ND/EBITDA 2020 | 0,2x |
| Price to Book 2020 | 6,1x |
| Price Earning Ratio 2021e | 33,2x |
| EV/EBITDA 2021e | 22,2x |
| Price to Cash-Flow 2021e | 26,9x |