# Returns (Source: Fund Admin) - Past performance does not predict future returns
## Performance evolution (rebased to 100) from 31/12/2017 to 30/12/2022* (Source: Fund Admin)
140
120

## Risk analysis (rolling) (Source: Fund Admin)

### 1 year	3 years	5 years

### Portfolio volatility	8.81%	7.95%	7.24% Volatility is a statistical indicator that measures an asset’s variations around its average value. For example, market

### variations of +/- 1.5% per day correspond to a volatility of

### 25% per year.
100
12/17
06/18
12/18
06/19
12/19
06/20
12/20
06/21
12/21
06/22
12/22
80

### Portfolio (120.47)
A : The Sub-Fund was created to absorb AMUNDI FUNDS II GLOBAL MULTI-ASSET TARGET INCOME. Performance is based on that of the absorbed Sub-Fund, which pursued the same investment policy managed by the same investment management team and adopted a similar fee structure. Absorbed Sub-Fund inception: 2013.

### B : Performance of the Sub-Fund since the date of its launch

## Cumulative Returns * (Source: Fund Admin)
|  | YTD | 1 month | 3 months | 1 year | 3 years | 5 years | Since |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Since | 31/12/2021 | 30/11/2022 | 30/09/2022 | 31/12/2021 | 31/12/2019 | 31/12/2017 | 02/05/2013 |
| Portfolio | -3.79% | -5.09% | -4.30% | -3.79% | 8.94% | 20.47% | 55.04% |

Calendar year performance * (Source: Fund Admin)
|  | 2022 | 2021 | 2020 | 2019 | 2018 | 2017	2016 | 2015 | 2014 | 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio | -3.79% | 15.18% | -1.70% | 12.72% | -1.90% | -6.97%	7.46% | 8.53% | 21.09% | - |

* Source: Fund Admin. The above results pertain to full 12-month period per calendar year. All performances are calculated net income reinvested and net of all charges taken by the Sub-Fund and expressed with the round-off superior. The value of investments may vary upwards or downwards according to market conditions.

## Sub-Fund Statistics (Source: Amundi)

### Portfolio	Benchmark

### Modified Duration	3.863.66

### Number of Lines	575	24,088 Modified duration (in points) estimates a bond portfolio’s percentage price change for 1% change in yield
| Main Lines in Portfolio (Source: Amundi) |  |
| --- | --- |
|  | Portfolio * |
| A-F REAL ASSETS TGT INCOME - Z USD QTI | 3.02% |
| A-F EMERGING MKT CORP BD - Z- USD | 2.74% |
| AMUNDI PHYSICAL GOLD ETC (AMSTERDAM) | 2.66% |
| AM FUNDS EME ESG IMP Z USD QD | 1.98% |
| US TSY 6.875% 08/25 | 1.91% |
| US TSY 6.75% 08/26 | 1.39% |
| AMUNDI LEVERAGED LOAN EUROPE 2018 | 1.29% |
| US TSY 5% 5/37 | 1.15% |
| CROATIA 6% 1/24 | 1.01% |
| INDON 5.375% 10/23 | 0.99% |


### * The main lines in portfolio are presented except money market
| Target Income (Source: Amundi) |  |
| --- | --- |
|  | Target | Actual |
| 2022 * | 4.00% | - |
| 2021 | 4.00% | 4.00% |
| 2020 | 4.25% | 4.25% |
| 2019 | 4.50% | 4.50% |
| 2018 | 5.00% | 5.00% |
| 2017 | 5.00% | 5.00% |
| 2016 | 5.00% | 5.00% |
| 2015 | 5.00% | 5.00% |
| 2014 | 5.00% | 5.25% |
| 2013 ** | 3.00% | 3.10% |

* Expected income target in 2019 for this Sub-Fund, gross of fees. Income can be exceeded or undershot and should not be construed as an assurance or guarantee. The term Distribution refers to the income paid in any particular year. Treatment for tax purposes may vary depending on the jurisdiction. Please consult your tax adviser in order to understand any applicable tax consequences.

### ** Target was based on a full-year. This Sub-Fund aimed to achieve a pro-rated percentage of the full year income target.

Translation (ENES, 2022-12-31):
# Rentabilidades (Fuente: Fund Admin) - El rendimiento pasado no garantiza los resultados futuros
## Evolución de la rentabilidad (base 100) * (Fuente: Fund Admin)
140
120

## Indicadores de Riesgo (Fuente : Fund Admin)

### 1 año  3 años 5 años

### Volatilidad de la cartera	8,81% 7,95% 7,24% La volatilidad es un indicador estadístico que mide la amplitud de las variaciones de un activo respecto a su

### media. Ejemplo: unas variaciones diarias de +/- 1,5% en los

### mercados corresponden a una volatilidad anual del 25%.
100

## Indicadores (Fuente : Amundi)

### Cartera  Índice

### Sensibilidad	3,86	3,66

### Número de líneas en cartera	57524 088
80	

### La sensibilidad (en puntos) representa el cambio porcentual
12/17
06/18
12/18
06/19
12/19
06/20
12/20
06/21
12/21
06/22
12/22

### del precio para una evolución del 1% del tipo de referencia

### Cartera (120,47)
A : El Compartimiento se creó para absorber AMUNDI FUNDS II GLOBAL MULTI-ASSET TARGET INCOME. La rentabilidad se basa en la del Compartimiento absorbido, que siguió la misma política de inversión, gestionado por el mismo equipo de gestión de inversiones, y adoptó una estructura de comisiones similar. Inicio del Compartimiento absorbido: 2013.

### B : Rendimiento del Subfondo desde la fecha de su lanzamiento

## Rentabilidades * (Fuente: Fund Admin)
|  | Desde el | 1 mes | 3 meses | 1 año | 3 años | 5 años | Desde el |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Desde el | 31/12/2021 | 30/11/2022 | 30/09/2022 | 31/12/2021 | 31/12/2019 | 31/12/2017 | 02/05/2013 |
| Cartera | -3,79% | -5,09% | -4,30% | -3,79% | 8,94% | 20,47% | 55,04% |

Rentabilidades anuales * (Fuente: Fund Admin)
|  | 2022 | 2021 | 2020 | 2019 | 2018 | 2017	2016 | 2015 | 2014 | 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cartera | -3,79% | 15,18% | -1,70% | 12,72% | -1,90% | -6,97%	7,46% | 8,53% | 21,09% | - |

* Fuente : Fund Admin. Las rentabilidades siguientes cubren períodos completos de 12 meses para cada año natural. El valor de las inversiones puede variar al alza o a la baja en función de la evolución de los mercados.

## Principales posiciones (Fuente : Amundi)

### Cartera * A-F REAL ASSETS TGT INCOME - Z USD QTI	3,02% A-F EMERGING MKT CORP BD - Z- USD	2,74% AMUNDI PHYSICAL GOLD ETC (AMSTERDAM)	2,66% AM FUNDS EME ESG IMP Z USD QD	1,98%

### US TSY 6.875% 08/25	1,91%

### US TSY 6.75% 08/26	1,39%

### AMUNDI LEVERAGED LOAN EUROPE 2018	1,29%

### US TSY 5% 5/37	1,15%

### CROATIA 6% 1/24	1,01%

### INDON 5.375% 10/23	0,99%

### * Las principales líneas de la cartera se presentan excluyendo los instrumentos del mercado monetario.

## Objetivo de distribución (Fuente : Amundi)
|  | Objetivo | Objetivo real |
| --- | --- | --- |
| 2022 * | 4,00% | - |
| 2021 | 4,00% | 4,00% |
| 2020 | 4,25% | 4,25% |
| 2019 | 4,50% | 4,50% |
| 2018 | 5,00% | 5,00% |
| 2017 | 5,00% | 5,00% |
| 2016 | 5,00% | 5,00% |
| 2015 | 5,00% | 5,00% |
| 2014 | 5,00% | 5,25% |
| 2013 ** | 3,00% | 3,10% |


### *Objetivo de ingresos previsto en 2019 del Subfondo, bruto de comisiones. Los ingresos pueden ser superiores o inferiores y no debe considerarse que están asegurados o garantizados.

### ** El objetivo se calcula para un año completo. El Subfondo tenía como objetivo alcanzar el % prorrateado de un año completo del objetivo de reparto.