# Fund grading
Damien Buchet, Arthur Duchon-Doris, and Christopher Watson A rated - Citywire Fund Manager Ratings
HC Sovereign
HC Corporate FX & Rates HC Quasi Future
Money Market Interest & Fees Local Rates Only
FX Only -43
87
49
27
6
0
0
-6
-21
AA0.0
A5.3
BBB42.5
BB22.7
B27.9
CCC and below0.0
Credit Quality refers to the credit ratings for the underlying securities in the Fund as rated by Standard & Poor's or Moody's Investors Service, and typically range from AAA/Aaa (highest) to C/D (lowest). If Moody's and S&P assign different ratings, the higher rating is used. Ratings methodologies and individual ratings can change over time.
| Top 10 gross exposure (%) |  |  | Top 5 issuer exposures |  |
| --- | --- | --- | --- | --- |
|  | Fund |  | Top 5 corporate issuers | Net exposure (% nav) |
| Mexico Credit | 4.7 |  | Alfa SAB de CV | 3.11 |
| Romania Credit | 3.9 |  | Gazprom PJSC | 2.83 |
| Indonesia Credit | 3.6 |  | Tengizchevroil LLP | 1.57 |
| Russia Local | 3.4 |  | EQUATE Petrochemical Co KSC | 1.57 |
| Egypt Local | 3.1 |  | Sunac China holdings Ltd | 1.51 |
| Alfa SAB de CV | 3.1 |  |  |  |

-60 -40 -20  0  20 40 60 80 100
| Ukraine Credit | 3.0 |
| --- | --- |
| Peru Local | 2.9 |
| Gazprom PJSC | 2.8 |
| Cote d'Ivoire Credit | 2.4 |

Total32.9
No. of holdings77
| Top 5 sovereign issuers | Net exposure (% nav) |
| --- | --- |
| United Mexican States | 4.72 |
| Romania | 3.88 |
| Republic of Indonesia | 3.58 |

Ukraine3.02
Republic of Cote d'Ivoire2.39
Source: Principal Global Investors and/or its affiliates and the Index.
Data: This data/analysis is not sourced from the Fund's official record. It is based upon data from the internal systems of Principal Global Investors and/or its affiliates. Performance shown in this section is gross which does not take into account any fees or other charges which, if taken into account, would reduce the figures shown.
Finisterre Emerging Markets Debt Euro Income Fund - Euro I2 Class Accumulation Units

Translation (ENFR, 2020-10-31):
# Classement du fonds
HC Corporate FX & Rates HC Quasi Future
Money Market Interest & Fees Local Rates Only
FX Only -43
49
27
6
0
0
-6
-21
La qualité de crédit désigne la note de crédit attribuée aux titres sous-jacents qui composent le fonds par les agences Standard & Poor's ou Moody's Investors Service et qui oscille généralement entre AAA/Aaa (la plus haute) et C/D (la plus basse). Si Moody's and S&P attribue des notes différentes, c’est la note la plus élevée qui prévaudra. Les
| Top 10 gross exposure (%) |  |  | Fr-top 5 issuer exposures |  |
| --- | --- | --- | --- | --- |
|  | Fonds |  | Top 5 corporate issuers | Net exposure (% nav) |
| Mexico Credit | 4,7 |  | Alfa SAB de CV | 3,11 |
| Romania Credit | 3,9 |  | Gazprom PJSC | 2,83 |
| Indonesia Credit | 3,6 |  | Tengizchevroil LLP | 1,57 |
| Russia Local | 3,4 |  | EQUATE Petrochemical Co KSC | 1,57 |
| Egypt Local | 3,1 |  | Sunac China holdings Ltd | 1,51 |
| Alfa SAB de CV | 3,1 |  |  |  |

| Top 5 sovereign issuers | Net exposure (% nav) |
| --- | --- |
| United Mexican States | 4,72 |
| Romania | 3,88 |
| Republic of Indonesia | 3,58 |

Damien Buchet, Arthur Duchon-Doris, and Christopher Watson A rated - Citywire Fund Manager Ratings
-60 -40 -20  0  20  40  60  80 100
méthodes de notation et les notes individuelles peuvent évoluer au fil du temps.
| Ukraine Credit | 3,0 |
| --- | --- |
| Peru Local | 2,9 |
| Gazprom PJSC | 2,8 |
| Cote d'Ivoire Credit | 2,4 |

| Total | 32,9 | Ukraine | 3,02 |
| --- | --- | --- | --- |
| Nombre de positions dans le portefeuille | 77 | Republic of Cote d'Ivoire | 2,39 |

Source : Principal Global Investors et/ou ses filiales et l’indice.
Données : Ces données/analyse ne provient pas du compte rendu officiel du Fonds. Ils sont basés sur les données provenant des systèmes internes de Principal Global Investors et/ou ses filiales. La performance indiquée dans cette section est en valeur brute. Elle ne tient pas compte des frais ou autres charges qui, s’ils étaient pris en compte, réduiraient les chiffres indiqués.
Finisterre Emerging Markets Debt Euro Income Fund - Euro I2 Class Accumulation Units