# Portfolio Structure ⁵
Rating Breakdown (%) (weighted by market value) ⁶
Top 10 Holdings (%)
AA A BBB BB B
1.9
9.3
7.4
13.1
17.7
20.7
19.8
34.7
42.9
< B
Others Cash
0.0
0.0
3.5
5.5
4.0
8.5
11.0
| SCOTIABANK PERU SA REGS FIX TO FLOAT 4.500% 13.12.2027 | 1.94 |
| --- | --- |
| SINGAPORE AIRLINES LTD EMTN FIX 3.000% 20.07.2026 | 1.92 |
| MISC CAPITAL TWO LABUAN REGS FIX 3.750% 06.04.2027 | 1.91 |
| TSMC GLOBAL LTD REGS FIX 2.250% 23.04.2031 | 1.90 |
| DBS GROUP HOLDINGS LTD GMTN PERP FIX TO FLOAT 3.300% 27.08.2198 | 1.84 |
| GC TREASURY CENTRE CO REGS FIX 2.980% 18.03.2031 | 1.81 |
| CENCOSUD SA REGS FIX 4.375% 17.07.2027 | 1.76 |
| KOOKMIN BANK REGS PERP FIX TO FLOAT 4.350% 02.01.2198 | 1.72 |
| NEXA RESOURCES SA REGS FIX 5.375% 04.05.2027 | 1.71 |
| BANISTMO SA REGS FIX 4.250% 31.07.2027 | 1.70 |
| Total	18.21 |

0	10	20	30	40	50
n
Fund 
n
Benchmark
Country/Location Breakdown (%) (weighted by market value)
| Mexico |  | 7.5 |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
| Chile |  | 7.2 |  |  |  |
| Indonesia |  | 6.4 |  |  |  |
| Brazil |  | 6.2 |  |  |  |
| Thailand |  | 6.0 |  |  |  |
| Colombia |  | 4.5 |  |  |  |
| Peru |  | 4.1 |  |  |  |
| South Africa |  | 3.4 |  |  |  |
| Malaysia |  | 3.3 |  |  |  |
| Hong Kong |  | 5.1 |  |  |  |
| South Korea |  | 7.3 |  |  |  |
| Singapore |  | 7.6 |  |  |  |
| Other Emerging Markets |  |  |  |  | 16.3 |
| Other Developed |  | 7.1 |  |  |  |  |  |
| Lux., Offshore Domiciles | 0.8 |  |  |  |  |  |  |
| Cash, Other, NA |  | 7.0 |  |  |  |  |  |
|  | 0 | 5 | 10 | 15 |  | 20 |  |
|  | n Fund |  |  |  |  |  |  |
| Fee Structure |  |  |  |  |  |  | Key Figures |

| Front-end load (%) ⁷ | currently 3.00 (max. 5.00) |
| --- | --- |
| All-in fee in % p.a. ⁷ | currently 1.50 (max. 1.75) |
| TER (%) ⁸ | 1.57 |

| Effective Duration (%) | 4.12 |
| --- | --- |
| Average nominal return (%) | 4.37 |
| Yield to worst (%) ⁹ | 5.68 |
| Average rating | BBB |

Translation (ENFR, 2022-08-31):
# Structure du fonds ⁶
par notations financières en % (en fonction de la valeur sur le marché) ⁷
10 principales lignes du fonds (%)
AA A BBB BB B
1,9
9,3
7,4
13,1
17,7
20,7
19,8
34,7
42,9
< B
Autres Liquidité
0,0
0,0
3,5
5,5
4,0
8,5
11,0
| SCOTIABANK PERU SA REGS FIX TO FLOAT 4.500% 13.12.2027 | 1,94 |
| --- | --- |
| SINGAPORE AIRLINES LTD EMTN FIX 3.000% 20.07.2026 | 1,92 |
| MISC CAPITAL TWO LABUAN REGS FIX 3.750% 06.04.2027 | 1,91 |
| TSMC GLOBAL LTD REGS FIX 2.250% 23.04.2031 | 1,90 |
| DBS GROUP HOLDINGS LTD GMTN PERP FIX TO FLOAT 3.300% 27.08.2198 | 1,84 |
| GC TREASURY CENTRE CO REGS FIX 2.980% 18.03.2031 | 1,81 |
| CENCOSUD SA REGS FIX 4.375% 17.07.2027 | 1,76 |
| KOOKMIN BANK REGS PERP FIX TO FLOAT 4.350% 02.01.2198 | 1,72 |
| NEXA RESOURCES SA REGS FIX 5.375% 04.05.2027 | 1,71 |
| BANISTMO SA REGS FIX 4.250% 31.07.2027 | 1,70 |
| Total	18,21 |

0	10	20	30	40	50
n
Fonds  
n
Indice de référence
par pays/répartition géographique en % (en fonction de la valeur sur le marché)
| Mexique |  | 7,5 |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
| Chili |  | 7,2 |  |  |  |
| Indonésie |  | 6,4 |  |  |  |
| Brésil |  | 6,2 |  |  |  |
| Thaïlande |  | 6,0 |  |  |  |
| Colombie |  | 4,5 |  |  |  |
| Pérou |  | 4,1 |  |  |  |
| Afrique du Sud |  | 3,4 |  |  |  |
| Malaisie |  | 3,3 |  |  |  |
| Hong Kong |  | 5,1 |  |  |  |
| Corée du Sud |  | 7,3 |  |  |  |
| Singapour |  | 7,6 |  |  |  |
| Autres marchés émergents |  |  |  |  | 16,3 |
| Autres développés |  | 7,1 |  |  |  |  |  |
| Lux., Rés. offshores | 0,8 |  |  |  |  |  |  |
| Liqu., Autres, Non dispo. |  | 7,0 |  |  |  |  |  |
|  | 0 | 5 | 10 | 15 |  | 20 |  |
|  | n Fonds |  |  |  |  |  |  |
| Structure des coûts |  |  |  |  |  |  | Chiffres-clé du portefeuille |

| Frais d'entrée en % ⁸ | actuellement 3,00 (max. 5,00) |
| --- | --- |
| Commision forfaitaire en % p.a. ⁸ | actuellement 1,50 (max. 1,75) |
| TFE en % ⁹ | 1,57 |

| Maturité effective (%) | 4,12 |
| --- | --- |
| Rendement nominal moyen (%) | 4,37 |
| Rendement actuariel le plus défavorable (%) ¹⁰ | 5,68 |
| Rating moyen | BBB |