OVHaiLLM/Flipper huggingface dataset:
#  Largest positions
Security	%
Samsung Electronics Co Ltd	KR	4.36
Tencent Holdings Ltd	CN	3.81
Taiwan Semicon Man Co Ltd	TW	3.64
Mediatek Inc	TW	3.50
HK Exchanges and Clearing	HK	3.22
| NHN Corp | KR | 3.05 |
| --- | --- | --- |
| HDFC Bank Ltd | IN | 2.70 |

WUXI BIOLOGICS CAYMAN INC	CN	2.68
SEA LTD-ADR	SG	2.38
Reliance Inds-Spons GDR 144A	IN	2.17 Total31.51

Translation (ENIT, 2021-09-30):
#  Le maggiori posizioni
| Titolo |  | % |
| --- | --- | --- |
| Samsung Electronics Co Ltd | KR | 4.36 |
| Tencent Holdings Ltd | CN | 3.81 |

Taiwan Semicon Man Co Ltd	TW	3.64
Mediatek Inc	TW	3.50
HK Exchanges and Clearing	HK	3.22
NHN Corp	KR	3.05
HDFC Bank Ltd	IN	2.70
WUXI BIOLOGICS CAYMAN INC	CN	2.68
SEA LTD-ADR	SG	2.38
| Reliance Inds-Spons GDR 144A | IN | 2.17 |
| --- | --- | --- |
| Totale |  | 31.51 |
#  Structure by sector
Information Technology
Financials Telecommunication Services Consumer Discretionary
Real Estate Health Care Industrials Consumer Staples

Translation (ENIT, 2021-09-30):
#  Struttura per settori
Informatica Finanza
Servizi di telecomunicazione
Beni voluttuari Investimento immobiliare
Salute Industria
Beni di prima necessita'
|  |
| --- |
|  | 90.4% |
|  |
|  | 8.2% |
| 1.2% 0.2% |

Translation (ENIT, 2023-02-28):
|  |
| --- |
|  | 90.4% |
|  |
|  | 8.2% |
| 1.2% 0.2% |
#  Largest positions
| Security |  | % |
| --- | --- | --- |
| Kinross Gold Corp | CA | 5.66 |
| Eldorado Gold Corp | CA | 4.71 |
| Alamos Gold Inc | CA | 4.25 |
| OCEANAGOLD CORP | CA | 3.91 |
| ISHARES PHYSICAL SILVER ETC IS | US | 3.71 |
| Total |  | 22.24 |

|  |
| --- |
|  | 90.4% |
|  |
|  | 8.2% |
| 1.2% 0.2% |

Structure by sector	
Materials Energy
not classifiable
Liquidity

Translation (ENIT, 2023-02-28):
#  Le maggiori posizioni
| Titolo |  | % |
| --- | --- | --- |
| Kinross Gold Corp | CA | 5.66 |
| Eldorado Gold Corp | CA | 4.71 |
| Alamos Gold Inc | CA | 4.25 |
| OCEANAGOLD CORP | CA | 3.91 |
| ISHARES PHYSICAL SILVER ETC IS | US | 3.71 |
| Totale |  | 22.24 |

|  |
| --- |
|  | 90.4% |
|  |
|  | 8.2% |
| 1.2% 0.2% |

Struttura per settori	
Materiali Energia
no classificabile
Liquidità
#  Statistics	
 Volatility fund/benchmark (%)	11.67 / 12.441 Tracking Error (%)	7.751
 Information ratio/Sharpe ratio	-0.36 / 0.141 Correlation	0.791
 Jensen Alpha/Beta	-1.56 / 0.751
2 
© 2023 Morningstar. All Rights Reserved.
3 
Only if no issuing commission was charged.

Translation (ENIT, 2023-02-28):
#  Dati statistici	
 Volatilità fondo/benchmark (%)	11.67 / 12.441 Tracking error (%)	7.751
 Information ratio/Sharpe ratio	-0.36 / 0.141 Correlazione	0.791
 Jensen Alpha/Beta	-1.56 / 0.751
di rimborso: max. 3.00%3
Registrato in	AT BE BH CH DE ES GB IE LU NL
2 
© 2023 Morningstar. Tutti i diritti riservati.
3 
Soltanto se non è stata riscossa alcuna commissione di emissione.
#  Performance in %
Fund management company
GAM (Luxembourg) S.A.
40
30
20
10
0
-10
-20
-30
2014	2015	2016	2017	2018	2019	2020	2021	2022
Perf. B-shares	Perf. B-shares since launch
Custodian	State Street Bank International GmbH, Luxembourg Branch, Luxembourg
Legal structure	SICAV under Luxembourg law
Launch date28.07.2014
Launch Share class28.07.2014
Domicile	Luxembourg
Benchmark	MSCI AC Asia ex Japan ND Total Expense Ratio	1.49% (31.12.2021)
Management fee	1.30%
| in % | YTD | 1M | 3M | 6M | 1Y | 3Y p.a. | 5Y	10Y  since p.a.	p.a. launch p.a. |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Fund | -15.58 | -6.90 | -10.23 | -16.35 | -24.65 | 2.43 | 3.52	n.a.	0.66 |
| BM | -12.74 | -5.16 | -9.95 | -14.97 | -21.01 | 2.65 | 4.60	n.a.	n.a. |
| Rolling | 30.04.2021 | 30.04.2020 | 30.04.2019 | 30.04.2018 | 30.04.2017 |
| perf. | - 30.04.2022 | - 30.04.2021 | - 30.04.2020 | - 30.04.2019 | - 30.04.2018 |
| Fund | -24.65 | 44.17 | -1.07 | -6.45 | 18.21 |
| BM | -21.01 | 47.95 | -7.45 | -4.88 | 21.71 |

Commission	Issue: max. 5.00% Redemption: max3.00%2
Registered in	AT BE BH CH DE ES FR GB IE IT LU NL SE
2 
Only if no issuing commission was charged.

Translation (ENIT, 2022-04-30):
#  Evoluzione del valore in %
Gestore degli investimenti
Bank Julius Baer Singapore Branch
40
30
20
10
0
-10
-20
-30
2014	2015	2016	2017	2018	2019	2020	2021	2022
Rend. quote B	Rend. quote B dall'inizio
Società di gestione	GAM (Luxembourg) S.A.
Banca depositaria	State Street Bank International GmbH,
Luxembourg Branch, Luxembourg Struttura legale	SICAV di diritto lussemburghese Fondo attivo dal28.07.2014
Lancio dell'azione28.07.2014
Domicilio	Lussemburgo
Benchmark	MSCI AC Asia ex Japan ND Total Expense Ratio	1.49% (31.12.2021) Commissione di gestione 1.30%
| in % al | YTD | 1M | 3M | 6M | 1A | 3A | 5A | 10A | dall' | Commissione | di emissione: max. 5.00% di rimborso: max. 3.00%2 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  | annuo | annuo | annuo | inizio p.a. | Registrato in | AT BE BH CH DE ES FR GB IE IT LU NL SE |

| Fondo | -15.58 | -6.90 | -10.23 | -16.35 | -24.65 | 2.43 | 3.52 | n.a. | 0.66 |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| BM | -12.74 | -5.16 | -9.95 | -14.97 | -21.01 | 2.65 | 4.60 | n.a. | n.a. | 2  Soltanto se non è stata riscossa alcuna commissione di emissione. |

| Perf. | 30.04.2021 | 30.04.2020 | 30.04.2019 | 30.04.2018 | 30.04.2017 |
| --- | --- | --- | --- | --- | --- |
| rolling | - 30.04.2022 | - 30.04.2021 | - 30.04.2020 | - 30.04.2019 | - 30.04.2018 |
| Fondo | -24.65 | 44.17 | -1.07 | -6.45 | 18.21 |
| BM | -21.01 | 47.95 | -7.45 | -4.88 | 21.71 |
#  Base data		 NAV per share	CHF 91.03
Total fund assets	CHF 8.15 m
Base currency	CHF
Share class	E (accumulation)
Bloomberg Ticker	JBGCHFE LX Security code ISIN	LU0150370756 Security code CH1416359
Investment manager	Bank Julius Bär & Co. AG

Translation (ENIT, 2022-10-31):
#  Dati di base		 Valore netto	CHF 91.03
Patrimonio del fondo	CHF 8.15 Mln.
Valuta di riferimento	CHF
Classe azioni	E (accumulazione)
Bloomberg Ticker	JBGCHFE LX
Codice ISIN	LU0150370756
Codice di valor CH1416359
Rischio più basso	Rischio più elevato
Gestore degli investimenti
Bank Julius Bär & Co. AG
#  Performance in %
Base data		 NAV per share	GBP 128.04
Total fund assets	GBP 881.39 m
Base currency	USD
Peak price	129.88 as per 26.08.2020 Cap. protection level	USD 0.00
Available currencies	CHF, EUR, GBP, SGD
Currency hedging	not hedged against base currency Share class	K (accumulation)
Bloomberg Ticker	MUJGEKG LX Security code ISIN	LU2116385670 Security code CH52496518
Security code D	A2P1JD
Investment manager	Bank Julius Bär & Co. AG
Please note that no performance values may be posted for funds younger than 1 year for legal reasons.
Fund management company
GAM (Luxembourg) S.A.

Translation (ENIT, 2020-08-31):
#  Evoluzione del valore in %
Codice di identificazione D
Gestore degli investimenti
A2P1JD
Bank Julius Bär & Co. AG
#  Largest positions
Security	%
Goodman Group	AU	9.88
Link REIT	HK	8.10
Ascendas Real Estate Inv	SG	7.39
Scentre Group	AU	6.04
Capitamall Trust	SG	6.01
GPT Group	AU	4.78
Stockland	AU	4.72
VICINITY CENTRES	AU	4.65
MAPLETREE INDUSTRIAL TRUST	SG	4.60
MAPLETREE PAN ASIA COM TRUST	SG	4.20
Total60.37

Translation (ENIT, 2023-02-28):
#  Le maggiori posizioni
Titolo	%
Goodman Group	AU	9.88
Link REIT	HK	8.10
Ascendas Real Estate Inv	SG	7.39
Scentre Group	AU	6.04
Capitamall Trust	SG	6.01
GPT Group	AU	4.78
Stockland	AU	4.72
VICINITY CENTRES	AU	4.65
MAPLETREE INDUSTRIAL TRUST	SG	4.60
MAPLETREE PAN ASIA COM TRUST	SG	4.20
Totale60.37
Classe azioni Bh / Moneta SGD	28.02.2023	Materiale di marketing
#  Largest positions
Security	%
Microsoft Corp	US	5.61
Apple Inc	US	4.58
Alphabet Inc A	US	4.21
Visa Inc	US	4.11
UnitedHealth Group Inc	US	3.96
Nvidia Corp	US	2.92
Johnson & Johnson	US	2.67
MasterCard Inc	US	2.52
ASML Holding NV	NL	2.49
Honeywell Int Inc	US	2.42
Total35.49

Translation (ENIT, 2023-01-31):
#  Le maggiori posizioni
Titolo	%
Microsoft Corp	US	5.61
Apple Inc	US	4.58
Alphabet Inc A	US	4.21
Visa Inc	US	4.11
UnitedHealth Group Inc	US	3.96
Nvidia Corp	US	2.92
Johnson & Johnson	US	2.67
| MasterCard Inc | US | 2.52 |
| --- | --- | --- |
| ASML Holding NV | NL | 2.49 |

Honeywell Int Inc	US	2.42
Totale35.49
Classe azioni Kh / Moneta GBP	31.01.2023	Materiale di marketing
#  Structure by term to maturity in years
0 - 1 year
Liquidity
Derivative financial instruments are taken into account with their exposure in the fund structures. The sum of the structures may deviate from 100% if the fund is invested in these instruments. The base currency of this sub fund is defined in the prospectus.
The Company endeavours to achieve the investment objectives of the Company in respect of the Subfund. However, no guarantee can be given that the investment objectives will actually be achieved. Hence the NAV of the Shares may increase or decrease and different levels of positive as well as negative income may be earned. Prospective investors should consider all the risks of investing in the Subfund, including total loss of investments, specifically, but in no way exclusively or limited, with regards to the following factors:
The Subfund may make considerable use of derivatives and other special investment techniques and financial instruments, in particular futures, options, and variance/volatility swaps. As a result, the risk features of derivatives, which might lead to a total loss of the Subfund's assets, and other investment techniques and instruments in addition to the risk features of securities must be considered. In general, they are exposed to the risks of the markets or instruments underlying them and therefore frequently involve greater risks than direct investments in securities. Potential risks of such instruments may, for example, arise from the complexity, non-linearity, high volatilities, low liquidity, restricted ability to be valued, risk of a loss of returns or even a total loss of the invested capital, or from the counterparty risk.
investors should be aware that there is a particular market risk associated with the long implied volatility in the relevant markets.
In particular, with the use of derivatives such as long VIX and VSTOXX futures, options on VIX futures and options on equity indices, which track the movements in the relevant indices,

Translation (ENIT, 2023-02-28):
#  Struttura per durata residua in anni
0 - 1 anno
Liquidità
Nelle strutture del fondo vengono considerati strumenti finanziari derivati con la loro esposizione. La somma delle strutture può differire dal 100%, se il fondo viene investito in tali strumenti. La valuta di base di questo comparto è definita nel prospetto.
Classe azioni C4 USD / Moneta USD	28.02.2023	Materiale di marketing per investitori professionali
#  Statistics	
 Volatility fund/benchmark (%)	15.80 / 13.731 Tracking Error (%)	5.971
 Information ratio/Sharpe ratio	-0.18 / 0.301 Correlation	0.931
 Jensen Alpha/Beta	-1.19 / 1.071
1 
computed over 3 years

Translation (ENIT, 2022-08-31):
#  Dati statistici	
 Volatilità fondo/benchmark (%)	15.80 / 13.731 Tracking error (%)	5.971
 Information ratio/Sharpe ratio	-0.18 / 0.301 Correlazione	0.931
 Jensen Alpha/Beta	-1.19 / 1.071
1 
calcolato su base triennale
#  Largest positions
| The performance data for the period prior since 31.07.2008 corresponds to the performance data | Security | Interest rate |  | % |
| --- | --- | --- | --- | --- |
| for the GAM Multibond - Global Convert Bond USD, a fund with the same investment objectives | BKNG 0 3/4 05/01/25 | 0.750% | US | 6.23 |
| and the same investment policy, and which was merged with the fund on 18.01.2018. The fund itself was launched upon this merger and did not have any previous performance history. | Sika AG | 0.150% | CH | 6.08 |
| Past performance is not an indicator of current or future trends. The performance | AMXLMM 0 03/02/24 | 0.000% | NL | 6.01 |
| values refer to the net asset value and are calculated without the commission and | EDION 0 06/19/25 | 0.000% | JP | 5.87 |
| costs incurred on issue, redemption or swapping (e.g. transaction and custody costs of the investor). The indications are based on figures denominated in USD. If this | NIPSTL 0 10/05/26 | 0.000% | JP | 5.51 |
| currency is different from the currency of the country in which the investor is resident, | LUV 1 1/4 05/01/25 | 1.250% | US | 5.00 |
| the return may increase or decrease as a result of currency fluctuations. | EMCORE CONVRT GLB-T |  | AT | 4.93 |
| Statistics	 | ADM 0 08/26/23 | 0.000% | VG | 4.41 |

| ROHMCO 0 12/05/24 | 0.000% | JP | 4.40 |
| --- | --- | --- | --- |
| CAFP 0 03/27/24 | 0.000% | FR | 4.27 |
| Total |  |  | 52.71 |

 Volatility fund/benchmark (%)	9.16 / 8.661 Tracking Error (%)	2.831
 Information ratio/Sharpe ratio	-0.80 / -0.351 Correlation	0.951
 Jensen Alpha/Beta	-2.22 / 1.011
1 
computed over 3 years

Translation (ENIT, 2022-12-31):
#  Le maggiori posizioni
| Titolo | Tasso d'inter. |  | % |
| --- | --- | --- | --- |
| BKNG 0 3/4 05/01/25 | 0.750% | US | 6.23 |
| Sika AG | 0.150% | CH | 6.08 |
| AMXLMM 0 03/02/24 | 0.000% | NL | 6.01 |
| EDION 0 06/19/25 | 0.000% | JP | 5.87 |
| NIPSTL 0 10/05/26 | 0.000% | JP | 5.51 |
| LUV 1 1/4 05/01/25 | 1.250% | US | 5.00 |
| EMCORE CONVRT GLB-T |  | AT | 4.93 |
| ADM 0 08/26/23 | 0.000% | VG | 4.41 |
| ROHMCO 0 12/05/24 | 0.000% | JP | 4.40 |
| CAFP 0 03/27/24 | 0.000% | FR | 4.27 |
| Totale |  |  | 52.71 |

1 
calcolato su base triennale
#  Structure by sector
Consumer, Cyclical
Financial Communications Consumer, Non-Cyclical
Energy Industrial Liquidity
Basic Materials
| USD |  |  |
| --- | --- | --- |
| EUR CHF | -0.03% | 0.7% |
| GBP | -0.2% |  |

Translation (ENIT, 2022-07-31):
#  Struttura per settori
Beni di consumo, ciclici
Finanziari Comunicazioni
Beni di consumo, non ciclici
Energia Industriali Liquidità Materiali di base
| Dollaro Usa |  |  |
| --- | --- | --- |
| EUR F. Svizzero | -0.03% | 0.7% |
| GBP | -0.2% |  |
#  Performance in %
Base data		 NAV per share	CHF 1'661.89
Total fund assets	CHF 59.83 m
Base currency	CHF Available currencies	CHF, EUR
Share class	C (accumulation)
Bloomberg Ticker	JBEGECC LX Security code ISIN	LU0330110163 Security code CH3525067 Investment manager	Carnot Capital AG
100
Fund management company
GAM (Luxembourg) S.A.
75
50
25
0
-25
-50
2011  2012  2013  2014  2015  2016  2017  2018  2019  2020
Perf. C-shares	Perf. C-shares since launch
Custodian	State Street Bank International GmbH, Luxembourg Branch, Luxembourg
Legal structure	SICAV under Luxembourg law
Date activated15.11.2007
Domicile	Luxembourg
Benchmark	STOXX Europe 600 ND
Management fee	1.20% + Perf. Fee Spreads ifo the Fund	Redemption: 0.50%
Commission	Issue: D+D2: max. 2.00%; B+C: max.
| in % | YTD | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | since |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  | p.a. | p.a. | p.a. launch p.a. |
| Fund | 2.69 | 7.55 | 14.98 | 15.88 | 19.72 | 1.12 | 4.81 | 5.23	4.88 |
| BM | -11.13 | 3.17 | 6.01 | 0.30 | -2.44 | -0.01 | 2.82 | n.a.	n.a. |
| Rolling | 31.08.2019 | 31.08.2018 | 31.08.2017 | 31.08.2016 | 31.08.2015 |
| perf. | - 31.08.2020 | - 31.08.2019 | - 31.08.2018 | - 31.08.2017 | - 31.08.2016 |
| Fund | 19.72 | -13.68 | 0.05 | 13.46 | 7.80 |
| BM | -2.44 | -0.99 | 3.51 | 16.72 | -1.54 |

3.00%
Registered in	AT CH DE LI LU SE

Translation (ENIT, 2020-08-31):
#  Evoluzione del valore in %
Gestore degli investimenti
Carnot Capital AG
100
75
50
25
0
-25
-50
2011  2012  2013  2014  2015  2016  2017  2018  2019  2020
Rend. quote C	Rend. quote C dall'inizio
Società di gestione	GAM (Luxembourg) S.A.
| -15.2 | 14.0 | 25.0 | -1.9 | -7.7 | 10.3 | 18.3 | -24.5 | 25.1 |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

Banca depositaria	State Street Bank International GmbH,
Luxembourg Branch, Luxembourg Struttura legale	SICAV di diritto lussemburghese Fondo attivo dal15.11.2007
Domicilio	Lussemburgo
Benchmark	STOXX Europe 600 ND Commissione di gestione 1.20% + Perf. Fee Spese a favore del fondo di rimborso: 0.50%
Commissione	di emissione: D+D2: max. 2.00%; B+C: max. 3.00%
| in % al | YTD | 1M | 3M | 6M | 1A | 3A annuo | 5A annuo | 10A annuo | dall' inizio p.a. |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fondo | 2.69 | 7.55 | 14.98 | 15.88 | 19.72 | 1.12 | 4.81 | 5.23 | 4.88 |
| BM | -11.13 | 3.17 | 6.01 | 0.30 | -2.44 | -0.01 | 2.82 | n.a. | n.a. |
| Perf. | 31.08.2019 | 31.08.2018 | 31.08.2017 | 31.08.2016 | 31.08.2015 |
| rolling | - 31.08.2020 | - 31.08.2019 | - 31.08.2018 | - 31.08.2017 | - 31.08.2016 |
| Fondo | 19.72 | -13.68 | 0.05 | 13.46 | 7.80 |
| BM | -2.44 | -0.99 | 3.51 | 16.72 | -1.54 |

Registrato in	AT CH DE LI LU SE
#  Base data		 NAV per share	JPY 9'330.00
Total fund assets	JPY 58.30 m
Base currency	JPY
Available currencies	JPY, CHF, EUR, USD Share class	B (accumulation)
Bloomberg Ticker	JBKJBYE LX Security code ISIN	LU1022033218 Security code CH23456170 Investment manager	Konwave AG

Translation (ENIT, 2020-08-31):
#  Dati di base		 Valore netto	JPY 9'330.00
Patrimonio del fondo	JPY 58.30 Mln.
Valuta di riferimento	JPY
Valute disponibili	JPY, CHF, EUR, USD
Classe azioni	B (accumulazione)
Bloomberg Ticker	JBKJBYE LX
Codice ISIN	LU1022033218
Codice di valor CH23456170
Rischio più basso	Rischio più elevato
#  Largest positions
|  | Security |  | % |
| --- | --- | --- | --- |
| Rolling | 31.10.2021 | 31.10.2020 | 31.10.2019 | 31.10.2018 | 31.10.2017 | Microsoft Corp | US | 5.27 |

perf.
- 31.10.2022
- 31.10.2021
- 31.10.2020
- 31.10.2019
- 31.10.2018
Fund	-18.32	36.29	8.56	11.905.59
BM	-16.72	43.02	10.09	13.555.93
Past performance is not an indicator of current or future trends. The performance values refer to the net asset value and are calculated without the commission and costs incurred on issue, redemption or swapping (e.g. transaction and custody costs of the investor). The indications are based on figures denominated in USD. If this currency is different from the currency of the country in which the investor is resident, the return may increase or decrease as a result of currency fluctuations.

Translation (ENIT, 2022-10-31):
#  Le maggiori posizioni
Titolo	%
Perf. rolling
31.10.2021
- 31.10.2022
31.10.2020
- 31.10.2021
31.10.2019
- 31.10.2020
31.10.2018
- 31.10.2019
31.10.2017
- 31.10.2018
| UnitedHealth Group Inc | US | 4.85 |
| --- | --- | --- |
| Johnson & Johnson | US | 4.26 |

Microsoft Corp	US	5.27
Fondo	-18.32	36.29	8.56	11.905.59
BM	-16.72	43.02	10.09	13.555.93
I rendimenti passati non costituiscono un indicatore dei trend attuali o futuri. I valori di performance si riferiscono al valore del patrimonio netto e sono calcolati senza tenere conto degli oneri fiscali delle commissioni e dei costi di sottoscrizione, rimborso o conversione (ad es. i costi di transazione e custodia dell'investitore). Le indicazioni si basano su cifre denominate in USD. Se tale valuta è diversa da quella del paese in cui risiede l'investitore, il rendimento potrebbe essere soggetto a variazioni, in positivo o in negativo, dovute alle fluttuazioni valutarie.
#  Structure by sector
Industrials Consumer Staples
Health Care Information Technology Consumer Discretionary
Materials Financials Liquidity

Translation (ENIT, 2020-08-31):
#  Struttura per settori
Industria Beni di prima necessita'
Salute Informatica
KIID, disponibili al sito: www.funds.gam.com e presso i soggetti collocatori.
Gli strumenti finanziari menzionati sono proposti solo a titolo illustrativo e non devono essere considerati come un’offerta diretta così come una raccomandazione o consulenza di investimento. Le allocazioni e i titoli sono soggetti a cambiamenti.
#  Largest positions
| Past performance is not an indicator of current or future trends. The performance values refer to the net asset value and are calculated without the commission and costs incurred on issue, redemption or swapping (e.g. transaction and custody costs |  | Security ARBANK 6 1/2 01/28/25 | Interest rate 6.500% | USD | % 0.93 |
| --- | --- | --- | --- | --- | --- |
| of the investor). The indications are based on figures denominated in CHF. If this |  | EBIUH 6 1/8 PERP | 6.125% | USD | 0.65 |
| currency is different from the currency of the country in which the investor is resident, the return may increase or decrease as a result of currency fluctuations. |  | BRASKM 8 1/2 01/23/81 | 8.500% | USD | 0.65 |
|  |  | Banco Hipotecario SA | 9.750% | USD | 0.63 |
| Statistics	 |  | Credito Real SAB de CV Sofom | 5.000% | EUR | 0.59 |
| Volatility fund/benchmark (%)	7.15 / 7.981 Tracking Error (%)2.861 |  | PPF Arena 1 BV | 3.125% | EUR | 0.57 |
| Information ratio/Sharpe ratio	0.03 / 0.471 Correlation0.931 |  | Black Sea Trade & Dev Bk | 4.875% | USD | 0.56 |
| Jensen Alpha/Beta	0.60 / 0.841 |  | MHP Lux SA | 6.250% | USD | 0.55 |

Average maturity in years	5.93 Modified Duration4.00
Yield to Maturity (nominal) (%)4.43
1 
computed over 3 years

Translation (ENIT, 2020-08-31):
#  Le maggiori posizioni
Titolo	Tasso d'inter.	%
Volatilità fondo/benchmark (%)	7.15 / 7.981  Tracking error (%)	2.861 Information ratio/Sharpe ratio	0.03 / 0.471  Correlazione	0.931 Jensen Alpha/Beta	0.60 / 0.841 Scadenza residua in anni		5.93  Duration modificata		4.00 Rend. alla scad. (nominale) (%)		4.43 
1 
calcolato su base triennale
#  Performance in %
Fund management company
GAM (Luxembourg) S.A.
75
50
25
0
2013  2014  2015	2016  2017  2018  2019	2020  2021  2022
Perf. B-shares	Perf. B-shares since launch
Legal structure	SICAV under Luxembourg law
Launch date20.12.2011
Domicile	Luxembourg
Benchmark	No suitable benchmark available Total Expense Ratio	2.12% (30.06.2022) Management fee	1.80% + Perf. Fee2
Commission	Issue: max. 5.00%
Registered in	CH DE IT LU
2 
Performance Fee: 20% of Outperformance over the high water mark.
in %	YTD	1M	3M	6M	1Y	3Y
5Y	10Y
since

Translation (ENIT, 2022-08-31):
#  Evoluzione del valore in %
75
50
25
0
2013  2014  2015	2016  2017  2018  2019	2020  2021  2022
Rend. quote B	Rend. quote B dall'inizio
Società di gestione	GAM (Luxembourg) S.A. Struttura legale	SICAV di diritto lussemburghese Fondo attivo dal20.12.2011
Domicilio	Lussemburgo
Benchmark	Non è disponibile un indice di rif. adatto Total Expense Ratio	2.12% (30.06.2022)
Commissione di gestione 1.80% + Perf. Fee2 Commissione	di emissione: max. 5.00%
Registrato in	CH DE IT LU
2 
Perf. Fee = Commissione di performance: 20% dell'outperformance sull'high watermark.
#  Statistics	
 Volatility fund/benchmark (%)	22.67 / 19.661 Tracking Error (%)	9.351
 Information ratio/Sharpe ratio	0.55 / 0.561 Correlation	0.911
 Jensen Alpha/Beta	5.52 / 1.051
1 
computed over 3 years

Translation (ENIT, 2023-02-28):
#  Dati statistici	
 Volatilità fondo/benchmark (%)	22.67 / 19.661 Tracking error (%)	9.351
 Information ratio/Sharpe ratio	0.55 / 0.561 Correlazione	0.911
 Jensen Alpha/Beta	5.52 / 1.051
1 
calcolato su base triennale
#  Structure by sector
Financial Consumer, Cyclical
Energy Communications Consumer, Non-Cyclical
Basic Materials
Industrial Liquidity

Translation (ENIT, 2021-09-30):
#  Struttura per settori
Finanziari Beni di consumo, ciclici
Energia Comunicazioni
Beni di consumo, non ciclici
Materiali di base
Industriali Liquidità
| Dollaro Usa |  |
| --- | --- |
| EUR | 0.1% |
| GBP | 0.05% |
| F. Svizzero | 0.01% |
#  Structure by sector
Health Care Consumer Staples
Industrials Information Technology
Financials Materials
Consumer Discretionary
Energy

Translation (ENIT, 2022-09-30):
#  Struttura per settori
KIID, disponibili al sito: www.funds.gam.com e presso i soggetti collocatori.
Gli strumenti finanziari menzionati sono proposti solo a titolo illustrativo e non devono essere considerati come un’offerta diretta così come una raccomandazione o consulenza di investimento. Le allocazioni e i titoli sono soggetti a cambiamenti.
Energia