# Portfolio Structure ⁴
Sector Breakdown (%) (weighted by market value)	Top 10 Holdings (%)
| TITULOS DE TESORERIA B FIX 7.250% 26.10.2050 | 3.07 |
| --- | --- |
| REPUBLIC OF SOUTH AFRICA 2030 FIX 8.000% 31.01.2030 | 2.92 |
| MEX BONOS DESARR FIX RT M FIX 7.750% 29.05.2031 | 2.56 |
| BUNDESREPUB. DEUTSCHLAND FIX 0.000% 15.05.2035 | 2.54 |
| RUSSIA GOVT BOND - OFZ 6228 FIX 7.650% 10.04.2030 | 2.46 |
| CANADIAN GOVERNMENT FIX 0.250% 01.03.2026 | 2.44 |
| TSY INFL IX N/B I/L FIX 0.125% 15.07.2024 | 2.41 |
| NOTA DO TESOURO NACIONAL NTNF FIX 10.000% 01.01.2025 | 2.20 |
| CANADIAN GOVERNMENT FIX 0.500% 01.09.2025 | 2.19 |
| TSY INFL IX N/B I/L FIX 0.375% 15.07.2025 | 2.12 |
| Total	24.91 |

Treasuries	86.6
Government related FX Derivatives Corporates
Cash
-1.3
4.3
0.3
10.1
-20	0	20	40	60	80	100
n
Fund
Currency Breakdown (%) (incl. FX derivatives)
Rating Breakdown (%) (weighted by market value) ⁵
| USD AUD |  | 4.1 | 108.6 | AAA AA |
| --- | --- | --- | --- | --- |
| CLP |  | 3.9 |  | A |
| JPY |  | 3.1 |  | BBB |
| KRW | -3.0 |  |  | BB |
| NZD | -4.1 |  |  | B |
| CAD | -4.2 |  |  | < B |
| CNY | -5.1 |  |  | Others |
| GBP | -6.5 |  |  | Cash |
| Others |  | 3.2 |  |  |

2.2
10.5
16.0
28.8
24.8
28.2
45.5
-4.6
0.0
1.1
0.0
0.3
0.0
0.0
13.9
10.2
13.1
10.1
-25	0	25	50	75	100	125
n
Fund
-15	0	15	30	  45    60 
n
Fund 
n
Benchmark
Key Figures
| Effective Duration (%) | 3.43 |
| --- | --- |
| Average nominal return (%) | 2.82 |
| Yield to worst (%) ⁶ | 1.28 |
| Average rating | AA+ |

| Front-end load (%) ⁷ | 3.00 |
| --- | --- |
| All-in fee in % p.a. ⁷ | currently 1.09 (max. 1.30) |
| TER (%) ⁸ | 1.20 |

Fee Structure
Additional Fund Information
Bloomberg Ticker

Translation (ENFR, 2021-09-30):
# Structure du fonds ⁴
Titres du Trésor américain	86,6
10 principales lignes du fonds (%)
Obligations quasi
souveraines
FX Dérivés Emprunts d'entreprises
Liquidité
-1,3
4,3
| TITULOS DE TESORERIA B FIX 7.250% 26.10.2050 | 3,07 |
| --- | --- |
| REPUBLIC OF SOUTH AFRICA 2030 FIX 8.000% 31.01.2030 | 2,92 |
| MEX BONOS DESARR FIX RT M FIX 7.750% 29.05.2031 | 2,56 |
| BUNDESREPUB. DEUTSCHLAND FIX 0.000% 15.05.2035 | 2,54 |
| RUSSIA GOVT BOND - OFZ 6228 FIX 7.650% 10.04.2030 | 2,46 |
| CANADIAN GOVERNMENT FIX 0.250% 01.03.2026 | 2,44 |
| TSY INFL IX N/B I/L FIX 0.125% 15.07.2024 | 2,41 |
| NOTA DO TESOURO NACIONAL NTNF FIX 10.000% 01.01.2025 | 2,20 |
| CANADIAN GOVERNMENT FIX 0.500% 01.09.2025 | 2,19 |
| TSY INFL IX N/B I/L FIX 0.375% 15.07.2025 | 2,12 |
| Total	24,91 |

0,3
10,1
-20	0	20	40	60	80	100
n
Fonds
Répartition par devise en % (dérivés de change inclus)
par notations financières en % (en fonction de la valeur sur le marché) ⁵
| USD AUD |  | 4,1 | 108,6 | AAA AA |
| --- | --- | --- | --- | --- |
| CLP |  | 3,9 |  | A |
| JPY |  | 3,1 |  | BBB |
| KRW | -3,0 |  |  | BB |
| NZD | -4,1 |  |  | B |
| CAD | -4,2 |  |  | < B |
| CNY | -5,1 |  |  | Autres |
| GBP | -6,5 |  |  | Liquidité |
| Autres |  | 3,2 |  |  |

2,2
10,5
16,0
28,8
24,8
28,2
45,5
-4,6
0,0
1,1
0,0
0,3
0,0
0,0
13,9
10,2
13,1
10,1
-25	0	25	50	75	100	125
n
Fonds
-15	0	15	30	  45    60 
n
Fonds 
n
Indice de référence
Chiffres-clé du portefeuille
| Maturité effective (%) | 3,43 |
| --- | --- |
| Rendement nominal moyen (%) | 2,82 |
| Rendement actuariel le plus défavorable (%) ⁶ | 1,28 |
| Rating moyen | AA+ |

| Frais d'entrée en % ⁷ | 3,00 |
| --- | --- |
| Commision forfaitaire en % p.a. ⁷ | actuellement 1,09 (max. 1,30) |
| TFE en % ⁸ | 1,20 |

Structure des coûts
Informations complémentaires relatives au fonds
Code Bloomberg