OVHaiLLM/Flipper huggingface dataset:
#  Largest positions
| Security | Interest rate |  | % |
| --- | --- | --- | --- |
| CHILOV 3.35 07/27/27 | 3.350% | USD | 3.00 |
| CHJMAO 4 06/21/24 | 4.000% | USD | 2.82 |
| BBTNIJ 4.2 01/23/25 | 4.200% | USD | 2.17 |
| HYNMTR 3.4 06/20/24 | 3.400% | USD | 2.07 |
| GZINFU 4 3/4 04/03/24 | 4.750% | USD | 1.92 |
| GRNKEN 6 1/4 02/21/23 | 6.250% | USD | 1.59 |
| ADSEZ 4.2 08/04/27 | 4.200% | USD | 1.58 |
| DAESEC 2 5/8 07/30/25 | 2.625% | USD | 1.58 |
| CHOHIN 5.7 PERP | 5.700% | USD | 1.53 |
| BOAD 4.7 10/22/31 | 4.700% | USD | 1.49 |
| Total |  |  | 19.75 |

Opportunities	
The fund invests in a broadly diversified bond universe and seeks various opportunities for returns in single-line securities

Translation (ENFR, 2020-08-31):
#  Les plus grandes positions
| Titre | Taux d'intér. |  | % |
| --- | --- | --- | --- |
| CHILOV 3.35 07/27/27 | 3.350% | USD | 3.00 |
| CHJMAO 4 06/21/24 | 4.000% | USD | 2.82 |
| BBTNIJ 4.2 01/23/25 | 4.200% | USD | 2.17 |
| HYNMTR 3.4 06/20/24 | 3.400% | USD | 2.07 |
| GZINFU 4 3/4 04/03/24 | 4.750% | USD | 1.92 |
| GRNKEN 6 1/4 02/21/23 | 6.250% | USD | 1.59 |
| ADSEZ 4.2 08/04/27 | 4.200% | USD | 1.58 |
| DAESEC 2 5/8 07/30/25 | 2.625% | USD | 1.58 |
| CHOHIN 5.7 PERP | 5.700% | USD | 1.53 |
| BOAD 4.7 10/22/31 | 4.700% | USD | 1.49 |
| Total |  |  | 19.75 |

Opportunités	
Le fonds investit dans un univers d'obligations extrêmement diversifié et saisit des opportunités de rendement variées dans des titres individuels
|  |
| --- |
|  | 92.6% |
|  |
|  | 6.1% |
| 1.0% 0.2% |

Translation (ENFR, 2022-08-31):
|  |
| --- |
|  | 92.6% |
|  |
|  | 6.1% |
| 1.0% 0.2% |
|  |
| --- |
|  | 68.5% |
|  | 11.4% |
|  | 6.1% 5.9% 4.8% |
|  |
|  |
| 0.9% 0.8% 0.6% |

Translation (ENFR, 2022-08-31):
|  |
| --- |
|  | 68.5% |
|  | 11.4% |
|  | 6.1% 5.9% 4.8% |
|  |
|  |
| 0.9% 0.8% 0.6% |
#  Largest positions
Security	%
Microsoft Corp	US	4.35
UnitedHealth Group Inc	US	4.12
NUTRIEN LTD	CA	3.65
Alphabet Inc A	US	3.46
Thermo Fisher Scientific Inc	US	2.93
| Mosaic Co | US | 2.67 |
| --- | --- | --- |
| CORTEVA INC | US | 2.64 |
| IQVIA Holdings Inc | US | 2.62 |

Translation (ENFR, 2023-01-31):
#  Les plus grandes positions
Titre	%
Microsoft Corp	US	4.35
UnitedHealth Group Inc	US	4.12
NUTRIEN LTD	CA	3.65
Alphabet Inc A	US	3.46
Thermo Fisher Scientific Inc	US	2.93
Mosaic Co	US	2.67
CORTEVA INC	US	2.64
IQVIA Holdings Inc	US	2.62
| in % | YTD | 1M | 3M | 6M | 1Y | 3Y p.a. | 5Y p.a. | 10Y  since p.a. launch p.a. |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fund | 6.33 | 6.33 | 5.15 | -6.39 | -14.92 | 4.82 | n.a. | n.a.	3.57 |
| BM | 6.23 | 6.23 | 6.79 | 0.16 | -8.29 | 6.08 | n.a. | n.a.	5.63 |
| Rolling | 31.01.2022 | 31.01.2021 | 31.01.2020 | 31.01.2019 | 31.01.2018 |
| perf. | - 31.01.2023 | - 31.01.2022 | - 31.01.2021 | - 31.01.2020 | - 31.01.2019 |
| Fund | -14.92 | 9.49 | 23.64 | 12.61 | n.a. |
| BM | -8.29 | 14.56 | 13.62 | 14.64 | n.a. |

Translation (ENFR, 2023-01-31):
|  | p.a. | p.a. | p.a. début, p.a. |
| --- | --- | --- | --- |
| Fonds | 6.33 | 6.33 | 5.15 | -6.39 | -14.92 | 4.82 | n.a. | n.a.	3.57 |
| BM | 6.23 | 6.23 | 6.79 | 0.16 | -8.29 | 6.08 | n.a. | n.a.	5.63 |
| Perf. | 31.01.2022 | 31.01.2021 | 31.01.2020 | 31.01.2019 | 31.01.2018 |
| glissante | - 31.01.2023 | - 31.01.2022 | - 31.01.2021 | - 31.01.2020 | - 31.01.2019 |
| Fonds | -14.92 | 9.49 | 23.64 | 12.61 | n.a. |
| BM | -8.29 | 14.56 | 13.62 | 14.64 | n.a. |
|  |  |  |  |
| --- | --- | --- | --- |
| Global Emerging Market |  | 23.8% | 40.9% |
| High Yield |  | 17.9% |  |
| US Broad |  | 11.3% |  |
| Corporate | 5.0% |  |  |
| Liquidity | 1.2% |  |  |

Translation (ENFR, 2022-01-31):
|  |  |  |  |
| --- | --- | --- | --- |
| Global Emerging Market |  | 23.8% | 40.9% |
| High Yield |  | 17.9% |  |
| US Broad |  | 11.3% |  |
| Corporate | 5.0% |  |  |
| Liquidity | 1.2% |  |  |
#  Statistics	
 Volatility fund/benchmark (%)	18.97 / 18.401 Tracking Error (%)	8.651
 Information ratio/Sharpe ratio	-0.21 / 0.421 Correlation	0.891
 Jensen Alpha/Beta	-0.84 / 0.921
1 
computed over 3 years

Translation (ENFR, 2023-02-28):
#  Statistique	
 Volatilité fonds/benchmark (%)	18.97 / 18.401 Tracking Error (%)	8.651
 Information ratio/Sharpe ratio	-0.21 / 0.421 Corrélation	0.891
 Jensen Alpha/Beta	-0.84 / 0.921
1 
calculé sur 3 ans
#  Statistics	
 Volatility fund/benchmark (%)	17.76 / 18.021 Tracking Error (%)	3.851
 Information ratio/Sharpe ratio	-0.14 / 0.601 Correlation	0.981
 Jensen Alpha/Beta	-0.14 / 0.961
1 
computed over 3 years

Translation (ENFR, 2021-06-30):
#  Statistique	
 Volatilité fonds/benchmark (%)	17.76 / 18.021 Tracking Error (%)	3.851
 Information ratio/Sharpe ratio	-0.14 / 0.601 Corrélation	0.981
 Jensen Alpha/Beta	-0.14 / 0.961
1 
calculé sur 3 ans
#  Opportunities
The JB Dynamic Asset Allocation (DAA) Fund invests in global financial markets. The DAA is set to benefit from rising financial markets. Furthermore, the Fund should profit from a rising global gross domestic product via an investment cycle.

Translation (ENFR, 2020-08-31):
#  Opportunités
Le JB Dynamic Asset Allocation (DAA) investit sur les marchés financiers internationaux. Le DAA entend tirer profit des mouvements haussiers sur les marchés financiers. Sur un cycle d'investissement, le fonds devrait bénéficier d'une augmentation du produit intérieur brut mondial.
|  |
| --- |
|  | 79.9% |
|  |
|  | 6.6% |
|  |
|  | 5.7% |
|  |
|  | 5.5% |
| 2.3% 0.01% |

Translation (ENFR, 2022-08-31):
|  |
| --- |
|  | 79.9% |
|  |
|  | 6.6% |
|  |
|  | 5.7% |
|  |
|  | 5.5% |
| 2.3% 0.01% |
#  Statistics	
 Volatility fund/benchmark (%)	14.74 / 16.101 Tracking Error (%)	6.541
 Information ratio/Sharpe ratio	0.20 / 0.711 Correlation	0.911
 Jensen Alpha/Beta	2.84 / 0.841
1 
computed over 3 years

Translation (ENFR, 2022-05-31):
#  Statistique	
 Volatilité fonds/benchmark (%)	14.74 / 16.101 Tracking Error (%)	6.541
 Information ratio/Sharpe ratio	0.20 / 0.711 Corrélation	0.911
 Jensen Alpha/Beta	2.84 / 0.841
1 
calculé sur 3 ans
# Largest positions
Security	%
Novo Nordisk A/S	DK	3.01
| SAP SE | DE | 2.69 |
| --- | --- | --- |
| LVMH Moet Hennessy SA | FR | 2.54 |
| Intesa Sanpaolo SpA Nestle SA | IT CH | 2.52 2.48 |
| Roche Holding GS | CH | 2.44 |

Sanofi Synthelabo	FR	2.38
Air Liquide	FR	2.21
Imperial Tobacco Group Plc	GB	2.07
Deutsche Telekom AG	DE	2.05 Total24.39
Share class B / Currency EUR	28.02.2023	Marketing material Opportunities
The fund invests in a broadly diversified equity universe and seeks opportunities for returns wherever they exist.

Translation (ENFR, 2023-02-28):
# Les plus grandes positions
Titre	%
Novo Nordisk A/S	DK	3.01
SAP SE	DE	2.69
LVMH Moet Hennessy SA	FR	2.54
Intesa Sanpaolo SpA	IT	2.52
Nestle SA	CH	2.48
Roche Holding GS	CH	2.44
Sanofi Synthelabo	FR	2.38
Air Liquide	FR	2.21
Imperial Tobacco Group Plc	GB	2.07
Deutsche Telekom AG	DE	2.05 Total24.39
Catégorie de parts B / Monnaie EUR	28.02.2023	Document marketing Opportunités
Le fonds investit dans un portefeuille d'actions largement diversifié et s'attache à exploiter des opportunités de rendement variées.
|  |
| --- |
|  | 83.3% |
|  |
|  | 5.2% |
|  |
|  | 4.8% |
|  |
|  | 3.4% |
| 1.4% 1.1% 1.0% |

Translation (ENFR, 2022-12-31):
|  |
| --- |
|  | 83.3% |
|  |
|  | 5.2% |
|  |
|  | 4.8% |
|  |
|  | 3.4% |
| 1.4% 1.1% 1.0% |
| in % | YTD | 1M | 3M | 6M | 1Y | 3Y p.a. | 5Y p.a. | 10Y  since p.a. launch p.a. |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fund | -21.64 | -5.03 | -6.30 | -13.01 | -19.35 | 6.75 | n.a. | n.a.	3.53 |
| BM | -15.52 | -3.15 | -4.17 | -8.92 | -13.17 | 7.79 | n.a. | n.a.	5.38 |
| Rolling | 31.08.2021 | 31.08.2020 | 31.08.2019 | 31.08.2018 | 31.08.2017 |
| perf. | - 31.08.2022 | - 31.08.2021 | - 31.08.2020 | - 31.08.2019 | - 31.08.2018 |
| Fund | -19.35 | 24.82 | 20.85 | -8.22 | n.a. |
| BM | -13.17 | 27.64 | 13.00 | -1.34 | n.a. |

Translation (ENFR, 2022-08-31):
|  | p.a. | p.a. | p.a. début, p.a. |
| --- | --- | --- | --- |
| Fonds | -21.64 | -5.03 | -6.30 | -13.01 | -19.35 | 6.75 | n.a. | n.a.	3.53 |
| BM | -15.52 | -3.15 | -4.17 | -8.92 | -13.17 | 7.79 | n.a. | n.a.	5.38 |
| Perf. | 31.08.2021 | 31.08.2020 | 31.08.2019 | 31.08.2018 | 31.08.2017 |
| glissante | - 31.08.2022 | - 31.08.2021 | - 31.08.2020 | - 31.08.2019 | - 31.08.2018 |
| Fonds | -19.35 | 24.82 | 20.85 | -8.22 | n.a. |
| BM | -13.17 | 27.64 | 13.00 | -1.34 | n.a. |
|  |
| --- |
|  | 67.6% |
|  |
|  | 27.8% |
| 2.0% 0.8% 0.7% 0.5% 0.4% 0.07% |

Translation (ENFR, 2022-12-31):
|  |
| --- |
|  | 67.6% |
|  |
|  | 27.8% |
| 2.0% 0.8% 0.7% 0.5% 0.4% 0.07% |
#  Statistics	
 Volatility fund/benchmark (%)	18.50 / 16.991 Tracking Error (%)	6.061
 Information ratio/Sharpe ratio	0.11 / 0.521 Correlation	0.951
 Jensen Alpha/Beta	0.68 / 1.031
1 
computed over 3 years

Translation (ENFR, 2022-07-31):
#  Statistique	
 Volatilité fonds/benchmark (%)	18.50 / 16.991 Tracking Error (%)	6.061
 Information ratio/Sharpe ratio	0.11 / 0.521 Corrélation	0.951
 Jensen Alpha/Beta	0.68 / 1.031
1 
calculé sur 3 ans
#  Statistics	
 Volatility fund/benchmark (%)	40.25 / 32.021 Tracking Error (%)	15.551
 Information ratio/Sharpe ratio	-0.08 / 0.471 Correlation	0.931
 Jensen Alpha/Beta	-2.46 / 1.171
1 
computed over 3 years

Translation (ENFR, 2020-06-30):
#  Répartition par secteur	
Statistique	
 Volatilité fonds/benchmark (%)	40.25 / 32.021 Tracking Error (%)	15.551
 Information ratio/Sharpe ratio	-0.08 / 0.471 Corrélation	0.931
 Jensen Alpha/Beta	-2.46 / 1.171
1 
calculé sur 3 ans
#  Base data		 NAV per share	CHF 116.35
Total fund assets	CHF 1'633.08 m
Base currency	USD
Available currencies	CHF, EUR, GBP
Currency hedging	hedged against base currency Share class	Bh (accumulation)
Bloomberg Ticker	JBFIECB LX Security code ISIN	LU1139424797 Security code CH26141237
Investment manager	Bank Julius Bär & Co. AG
15
10
Fund management company
GAM (Luxembourg) S.A.
5
0
-5
-10
2014	2015	2016	2017	2018	2019	2020	2021
Perf. BH-shares	Perf. BH-shares since launch
Custodian	State Street Bank International GmbH, Luxembourg Branch, Luxembourg
Legal structure	SICAV under Luxembourg law
Launch date12.12.2014
Launch Share class12.12.2014
Domicile	Luxembourg
Benchmark	JPM CEMBI Broad Diversified Hedged
in %	YTD	1M	3M	6M	1Y	3Y
5Y	10Y
since
CHF
p.a.
p.a.
p.a. launch
Total Expense Ratio	0.96% (31.12.2020)
p.a. Fund	0.75	0.62	1.69	0.75	7.27	5.58	2.51	n.a.	2.34
Management fee	1.00%
Commission	Issue: max. 5.00% Redemption: max. 3.00%2
Rolling
30.06.2020
30.06.2019
30.06.2018
30.06.2017
30.06.2016
Registered in	AT BE CH DE ES FR GB IE LU NL SE
 perf.	- 30.06.2021 - 30.06.2020 - 30.06.2019 - 30.06.2018 - 30.06.2017
Fund	7.27	4.28	5.20	-4.140.35
Change of name: Multicooperation SICAV - Julius Baer Fixed Income Emerging Markets Hard Currency, as of 08.03.2019 Multicooperation SICAV - Julius Baer Fixed Income Emerging Markets Corporate
2 
Only if no issuing commission was charged.

Translation (ENFR, 2021-06-30):
#  Données principales		 VNI	CHF 116.35
Actif net du fonds	CHF 1'633.08 Mio.
Devise de référence	USD
Devises disponibles	CHF, EUR, GBP
Devise de couverture	couverts contre la devise de base Catégorie de parts	Bh (capitalisation)
Bloomberg Ticker	JBFIECB LX Numéro de valeur ISIN	LU1139424797 Numéro de valeur CH26141237
Société de Gestion	Bank Julius Bär & Co. AG Direction du fonds	GAM (Luxembourg) S.A.
Banque dépositaire	State Street Bank International GmbH,
Luxembourg Branch, Luxembourg Structure juridique	SICAV de droit Luxembourgeois Fonds actif depuis12.12.2014
Introduction de part12.12.2014
Domicile	Luxembourg
Benchmark	JPM CEMBI Broad Diversified Hedged CHF
Total Expense Ratio	0.96% (31.12.2020)
en %en	YTD	1M	3M	6M	1A	3A	5A	10A	dès
p.a.	p.a.	p.a. début,
Commission de gestion  1.00%
p.a. Fonds	0.75	0.62	1.69	0.75	7.27	5.58	2.51	n.a.	2.34
Commission	d'émission: max. 5.00% de rachat: max. 3.00%2
Enregistrés en	AT BE CH DE ES FR GB IE LU NL SE
Perf.
30.06.2020
30.06.2019
30.06.2018
30.06.2017
30.06.2016
 glissante	- 30.06.2021 - 30.06.2020 - 30.06.2019 - 30.06.2018 - 30.06.2017
Fonds	7.27	4.28	5.20	-4.140.35
Changement de nom: Multicooperation SICAV - Julius Baer Fixed Income Emerging Markets Hard Currency, au 08.03.2019 Multicooperation SICAV - Julius Baer Fixed Income Emerging Markets
2 
S'applique uniquement dans le cas où aucune comm. d'émission n'a été prélevée.
#  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 |  | B 07/15/21 B 08/26/21 | 0.000% 0.000% | USD USD | 1.73 1.73 |
| --- | --- | --- | --- | --- | --- |
| of the investor). The indications are based on figures denominated in CHF. If this |  | B 09/02/21 | 0.000% | USD | 1.73 |
| 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. |  | TLWLN 6 5/8 07/12/21 | 6.625% | USD | 1.34 |
|  |  | T 1 1/4 05/15/50 | 1.250% | USD | 1.18 |
| Statistics	 |  | OCPMR 6 7/8 04/25/44 | 6.875% | USD | 0.91 |
| Volatility fund/benchmark (%)	7.14 / 8.151 Tracking Error (%)2.521 |  | EIB Float 03/05/24 | 0.368% | USD | 0.87 |
| Information ratio/Sharpe ratio	0.65 / 0.891 Correlation0.951 |  | EIB Float 06/10/22 | 0.301% | USD | 0.87 |
| Jensen Alpha/Beta	2.40 / 0.841 |  |  |  |  |  |

Security	Interest rate	%
Average maturity in years	6.19 Modified Duration4.01
Yield to Maturity (nominal) (%)3.85
1 
computed over 3 years

Translation (ENFR, 2021-06-30):
#  Les plus grandes positions
Titre	Taux d'intér.	%
| Corporate | B 07/15/21 | 0.000% | USD | 1.73 |
| --- | --- | --- | --- | --- |
| La performance passée ne préjuge pas des résultats présents ou futurs. Les chiffres relatifs à la performance se réfèrent à la valeur liquidative et s'entendent bruts des | B 08/26/21 | 0.000% | USD | 1.73 |
| coûts et commissions (par exemple frais de transaction et droits de garde acquittés | B 09/02/21 | 0.000% | USD | 1.73 |
| par l'investisseur) facturés lors de l'émission, du rachat ou de l'échange des parts. Les indications reposent sur des chiffres libellés en CHF. Si cette devise diffère de celle du pays où réside l’investisseur, le rendement est susceptible d’augmenter ou | TLWLN 6 5/8 07/12/21 T 1 1/4 05/15/50 | 6.625% 1.250% | USD USD | 1.34 1.18 |
| de diminuer sous l’effet des fluctuations monétaires. | OCPMR 6 7/8 04/25/44 | 6.875% | USD | 0.91 |
| Statistique	 | EIB Float 03/05/24 | 0.368% | USD | 0.87 |
| Volatilité fonds/benchmark (%)	7.14 / 8.151 Tracking Error (%)2.521 | EIB Float 06/10/22 | 0.301% | USD | 0.87 |

|  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Information ratio/Sharpe ratio | 0.65 / 0.891 |  | Corrélation | 0.951 | Répartition par secteur	 |
| Jensen Alpha/Beta | 2.40 / 0.841 |  |  |  |  |

Durée résiduelle en années	6.19 Duration modifiée4.01
Rend. à l'échéance (nominal) (%)3.85
1 
calculé sur 3 ans
#  Statistics	
 Volatility fund/benchmark (%)	11.43 / 12.971 Tracking Error (%)	3.141
 Information ratio/Sharpe ratio	-0.40 / 0.141 Correlation	0.971
 Jensen Alpha/Beta	-0.95 / 0.861
1 
computed over 3 years

Translation (ENFR, 2022-09-30):
#  Statistique	
 Volatilité fonds/benchmark (%)	11.43 / 12.971 Tracking Error (%)	3.141
 Information ratio/Sharpe ratio	-0.40 / 0.141 Corrélation	0.971
 Jensen Alpha/Beta	-0.95 / 0.861
1 
calculé sur 3 ans
# Market review
In February, hopes for a soft landing were dampened by surprisingly strong labour market data as well as unexpectedly stubborn US consumer price inflation. Concerns that the US Fed will keep rates higher for longer weighed on both equity and bond markets. In the end, global equities were roughly unchanged for the month, while bonds lost 1.8%. This left the fund's reference index lower by 0.9%.

Translation (ENFR, 2023-02-28):
# Situation du marché
En février, les espoirs d'un atterrissage en douceur ont été douchés par des données étonnamment fortes sur le marché de l'emploi et par une inflation des prix à la consommation aux États-Unis qui s'est avérée étonnamment persistante. Les craintes que la Fed américaine maintienne les taux à un niveau plus élevé pendant plus longtemps ont pesé sur les marchés des actions et des obligations. En fin de compte, les actions mondiales sont restées pratiquement inchangées au cours du mois, tandis que les obligations ont perdu 1,8 %. L'indice de référence du fonds a donc baissé de 0,9 %.
#  Largest positions	
Security	%
Charles Schwab Corp	US	3.28
Oracle Corp	US	3.13
Exxon Mobil Corp	US	2.81
ConocoPhillips	US	2.45
Thales SA	FR	2.44
Total14.11

Translation (ENFR, 2022-08-31):
#  Les plus grandes positions	
Titre	%
Charles Schwab Corp	US	3.28
Oracle Corp	US	3.13
Exxon Mobil Corp	US	2.81
ConocoPhillips	US	2.45
Thales SA	FR	2.44
Total14.11
#  Performance in %
25
20
15
| Custodian | State Street Bank International GmbH, Luxembourg Branch, Luxembourg |
| --- | --- |
| Legal structure | SICAV under Luxembourg law |
| Launch date | 23.02.2018 |
| Launch Share class | 23.02.2018 |

10

Translation (ENFR, 2021-09-30):
#  Evolution de la valeur liquidative en %
25
20
15
10
5
0
-5
-10
2018	2019	2020	2021	2022
Perf. parts KH	Perf. parts KH dès déb.
# Performance contribution and portfolio changes
The Endowment Fund outperformed in February, driven by tactical allocation and manager selection, while the longer-term, strategic allocation detracted from performance. The fund went through its regular monthly rebalancing, and reduced its allocation to hybrid assets. There were no positions exited or added.

Translation (ENFR, 2023-02-28):
# Contribution à la performance et modifications du portefeuille
Le fonds de dotation a surperformé en février, grâce à l'allocation tactique et à la sélection des gestionnaires, tandis que l'allocation stratégique à plus long terme a nui à la performance. Le fonds a procédé à son rééquilibrage mensuel régulier et a réduit son allocation aux actifs hybrides. Aucune position n'a été supprimée ou ajoutée.
|  |
| --- |
|  | 86.5% |
|  |
|  | 10.6% |
| 1.6% 0.4% 0.3% 0.3% 0.2% 0.04% |

Translation (ENFR, 2022-10-31):
|  |
| --- |
|  | 86.5% |
|  |
|  | 10.6% |
| 1.6% 0.4% 0.3% 0.3% 0.2% 0.04% |
#  Structure by sector
| Volatility fund/benchmark (%) | 6.47 / 5.931 |  | Tracking Error (%) | 0.821 |
| --- | --- | --- | --- | --- |
| Information ratio/Sharpe ratio | -1.22 / -0.571 |  | Correlation | 1.001 |
| Jensen Alpha/Beta | -0.75 / 1.091 |  |  |  |
| Average maturity in years | 4.34 Modified Duration | 4.02 |
| Yield to Maturity (nominal) (%) | 3.85 |  |
| 1  computed over 3 years |  |  |

Financial Consumer, Non-Cyclical
Industrial Utilities
Consumer, Cyclical Communications
Liquidity Basic Materials

Translation (ENFR, 2022-08-31):
#  Répartition par secteur
Finance Consommation non cyclique
Industrie Services aux collectivités Consommation cyclique Communications
Liquidité Matériaux de base
#  Largest positions
Security	Interest rate	%
| costs incurred on issue, redemption or swapping (e.g. transaction and custody costs of the investor). The indications are based on figures denominated in CHF. If this |  | T 0 1/8 03/31/23 | 0.125% | US | 6.60 |
| --- | --- | --- | --- | --- | --- |
| currency is different from the currency of the country in which the investor is resident, |  | T 0 1/8 02/28/23 | 0.125% | US | 6.30 |
| the return may increase or decrease as a result of currency fluctuations. Indices cannot be purchased directly. |  | iShares Edg MSCI World ValFact JB FI EM Hard Currency-USD |  | IE LU | 5.06 4.57 |
| Statistics	 |  | T 1 5/8 05/15/31 | 1.625% | US | 3.97 |
| Volatility fund/benchmark (%)	12.27 / n.a.1 Tracking Error (%)	n.a.1 |  | JB Equity Next Generation |  | LU | 3.37 |
| Information ratio/Sharpe ratio	n.a. / 0.161 Correlation	n.a.1 |  | T 1 3/4 11/15/29 | 1.750% | US | 2.79 |
| Jensen Alpha/Beta	n.a. / n.a.1 |  | JULIUS BAER ASIA REIT-Z USD |  | LU | 2.50 |
| Average maturity in years	0.81 Modified Duration0.66 |  | ISHARES EDGE MSCI WRLD |  | IE | 2.47 |
| Yield to Maturity (nominal) (%)4.31 |  | VALUE |  |  |  |
|  |  | Algebris Financial CR-Z EUR |  | IE | 2.00 |
| 1  computed over 3 years |  | Total |  |  | 39.63 |

Translation (ENFR, 2023-01-31):
#  Les plus grandes positions
Titre	Taux d'intér.	%
| T 0 1/8 03/31/23 | 0.125% | US | 6.60 |
| --- | --- | --- | --- |
| T 0 1/8 02/28/23 | 0.125% | US | 6.30 |
| iShares Edg MSCI World ValFact |  | IE | 5.06 |

| JB Equity Next Generation |  | LU | 3.37 |
| --- | --- | --- | --- |
| T 1 3/4 11/15/29 | 1.750% | US | 2.79 |
| JULIUS BAER ASIA REIT-Z USD |  | LU | 2.50 |
| ISHARES EDGE MSCI WRLD VALUE |  | IE | 2.47 |

Statistique					 Volatilité fonds/benchmark (%)	12.27 / n.a.1 Tracking Error (%)	n.a.1 Information ratio/Sharpe ratio		n.a. / 0.161 Corrélation	n.a.1 Jensen Alpha/Beta			n.a. / n.a.1
| Durée résiduelle en années | 0.81 Duration modifiée | 0.66 |  | Algebris Financial CR-Z EUR | IE | 2.00 |
| --- | --- | --- | --- | --- | --- | --- |
| Rend. à l'échéance (nominal) (%) | 4.31 |  |  | Total |  | 39.63 |

1 
calculé sur 3 ans
#  Largest positions	
Security	%
GLG Global Em Mkt Debt	USD	9.40
Jupiter JGF - Dynamic Bond	USD	7.90
Muzinich Em Mkts Short Dur	USD	7.59
DWS INVEST-ASIA BONDS-USDXC	USD	7.53
Pimco Income Fund	USD	7.04
LM BRANDYWN GL INC OPT-SUA	USD	6.94
LM West Asset Macr Opp	USD	6.71
AB FCP I - American Inc	USD	6.66

Translation (ENFR, 2022-09-30):
#  Les plus grandes positions	
Titre	%
GLG Global Em Mkt Debt	USD	9.40
Jupiter JGF - Dynamic Bond	USD	7.90
Muzinich Em Mkts Short Dur	USD	7.59
DWS INVEST-ASIA BONDS-USDXC	USD	7.53
Pimco Income Fund	USD	7.04
LM BRANDYWN GL INC OPT-SUA	USD	6.94
LM West Asset Macr Opp	USD	6.71
AB FCP I - American Inc	USD	6.66
#  Statistics
| Lonza Group AG | CH | 2.03 |
| --- | --- | --- |
| Allianz AG | DE | 1.99 |
| Nestle SA | CH | 1.78 |

Schindler Holding AG PS	CH	1.75
SAP SE	DE	1.61
STMicroelectronics NV	NL	1.55

Translation (ENFR, 2021-06-30):
#  Statistique
Lonza Group AG	CH	2.03
Allianz AG	DE	1.99
Nestle SA	CH	1.78
Schindler Holding AG PS	CH	1.75
SAP SE	DE	1.61
STMicroelectronics NV	NL	1.55
#  Structure by currency
EUR USD CHF
Volatility fund/benchmark (%)	9.96 / n.a.1 Information
n.a. /
DKK
ratio/Sharpe ratio	0.591
1 
computed over 3 years

Translation (ENFR, 2021-06-30):
#  Répartition par devises
EUR USD CHF DKK
Volatilité fonds/benchmark (%)	9.96 / n.a.1 Information
n.a. /
GBP
ratio/Sharpe ratio	0.591
1 
calculé sur 3 ans
#  Statistics
Volatility fund/benchmark (%)	5.98 / n.a.1 Tracking Error (%)	n.a.1
 Information ratio/Sharpe ratio	n.a. / -0.401 Correlation	n.a.1
 Jensen Alpha/Beta	n.a. / n.a.1

Translation (ENFR, 2020-06-30):
#  Statistique
Volatilité fonds/benchmark (%)	5.98 / n.a.1 Tracking Error (%)	n.a.1
 Information ratio/Sharpe ratio	n.a. / -0.401 Corrélation	n.a.1
 Jensen Alpha/Beta	n.a. / n.a.1
Commission	d'émission: max. 3.00% de rachat: max. 2.00%2
Enregistrés en	AT CH DE ES IT LI LU
2 
S'applique uniquement dans le cas où aucune comm. d'émission n'a été prélevée.
#  Statistics	
 Volatility fund/benchmark (%)	6.23 / 5.741 Tracking Error (%)	5.161
 Information ratio/Sharpe ratio	0.41 / -0.541 Correlation	0.631
 Jensen Alpha/Beta	0.45 / 0.691

Translation (ENFR, 2023-02-28):
#  Statistique	
 Volatilité fonds/benchmark (%)	6.23 / 5.741 Tracking Error (%)	5.161
 Information ratio/Sharpe ratio	0.41 / -0.541 Corrélation	0.631
 Jensen Alpha/Beta	0.45 / 0.691
1 
calculé sur 3 ans