# Meet the Team
| Risk analysis (rolling) (Source: Fund | Admin) |  |  |  |  | Performance analytics (Source: Fund Admin) |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
|  | 1 year | 3 years | 5 years | 10 years |  |  | Inception to date |
| Portfolio volatility | 15.66% | 18.65% | 17.18% | 15.83% |  | Maximum drawdown | -33.70% |
| Benchmark volatility | 17.52% | 19.36% | 17.13% | 15.44% |  | Recovery period (days) | 290 |
| Ex-post Tracking Error | 7.01% | 5.98% | 5.25% | 4.41% |  | Worst month | 03/2020 |
| Information ratio | 0.97 | 0.33 | -0.40 | -0.42 |  | Lowest return | -13.96% |
| Portfolio sharpe ratio | -0.38 | 0.47 | 0.37 | 0.58 |  | Best month | 04/2020 |
| Beta | 0.82 | 0.92 | 0.95 | 0.98 |  | Highest return | 10.01% |

Portfolio Breakdown (Source: Amundi)

## Sector breakdown (Source: Amundi) *	Geographical breakdown (Source: Amundi) *
Financials Health care Information Technology Consumer discretionary
Energy Industrials Materials
Communication Services Consumer staples
Real estate
8.59 %
8.25 %
5.41 %
3.94 %
3.87 %
16.60 %
14.17 %
11.94 %
22.71 %
United States Netherlands
Japan United Kingdom
Korea Ireland Germany
China Canada Mexico Italy France
Utilities
Others and cash
4.53 %
0 %	5 %	10 %	15 %	20 %	25 %

### Portfolio Benchmark
Other countries Others and cash
0 %	20 %	40 %	60 %	80 %

### Portfolio Benchmark
- Excluding derivatives instruments.


## Main overweights (% assets, source: Amundi)
- Excluding derivatives instruments.


## Main underweights (% assets, source: Amundi)
|  | Portfolio | Benchmark | Spread (P - B) |  |  | Portfolio | Benchmark | Spread (P - B) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| SHELL PLC | 4.35% | 0.41% | 3.94% |  | APPLE INC | - | 4.16% | -4.16% |
| ABN AMRO BANK NV | 3.74% | 0.01% | 3.73% |  | MICROSOFT CORP | - | 3.41% | -3.41% |
| PFIZER INC | 4.07% | 0.58% | 3.50% |  | ALPHABET INC | - | 2.04% | -2.04% |
| KB FINANCIAL GROUP INC | 3.34% | - | 3.34% |  | AMAZON.COM INC | - | 1.54% | -1.54% |
| CARDINAL HEALTH INC | 2.91% | 0.04% | 2.87% |  | UNITEDHEALTH GROUP INC | - | 0.99% | -0.99% |
| WILLIS TOWERS WATSON PLC | 2.53% | 0.05% | 2.48% |  | JOHNSON & JOHNSON | - | 0.93% | -0.93% |
| WELLS FARGO & CO | 2.73% | 0.31% | 2.42% |  | EXXON MOBIL CORP | - | 0.91% | -0.91% |
| ALIBABA GROUP HOLDING LTD | 2.38% | - | 2.38% |  | BERKSHIRE HATHAWAY INC | - | 0.80% | -0.80% |
| ABBVIE INC | 2.74% | 0.57% | 2.16% |  | JPMORGAN CHASE & CO | - | 0.78% | -0.78% |
| BP PLC | 2.32% | 0.22% | 2.11% |  | PROCTER & GAMBLE CO/THE | - | 0.73% | -0.73% |
| Total | 31.11% | 2.20% | 28.91% |  | Total | - | 16.30% | -16.30% |


### The holdings listed should not be considered recommendations to buy or sell any particular security listed.

### The holdings listed should not be considered recommendations to buy or sell any particular security listed.
| Top ten issuers (% assets, source: Amundi) |  |  |  | Sub-Fund Statistics (Source: Amundi) |
| --- | --- | --- | --- | --- |
|  | Portfolio | Benchmark |  | Total portfolio holdings63 |
| SHELL PLC | 4.35% | 0.41% |  |  |
| PFIZER INC | 4.07% | 0.58% |  |  |
| ABN AMRO BANK NV | 3.74% | 0.01% |  |  |
| KB FINANCIAL GROUP INC | 3.34% | - |  |  |
| CARDINAL HEALTH INC | 2.91% | 0.04% |  |  |
| ABBVIE INC | 2.74% | 0.57% |  |  |
| WELLS FARGO & CO | 2.73% | 0.31% |  |  |
| WILLIS TOWERS WATSON PLC | 2.53% | 0.05% |  |  |
| ALIBABA GROUP HOLDING LTD | 2.38% | - |  |  |
| BP PLC | 2.32% | 0.22% |  |  |
| Total | 31.11% | 2.20% |  |  |


### The holdings listed should not be considered recommendations to buy or sell any particular security listed.

Translation (ENES, 2022-12-31):
# Conozca al Equipo
| Indicadores de Riesgo (Fuente : Fund | Admin) |  |  |  |  | Análisis de las rentabilidades (Fuente : Fund Admin) |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
|  | 1 año | 3 años | 5 años | 10 Años |  |  | Desde el lanzamiento |
| Volatilidad de la cartera | 15,66% | 18,65% | 17,18% | 15,83% |  | Caída máxima | -33,70% |
| Volatilidad del índice | 17,52% | 19,36% | 17,13% | 15,44% |  | Plazo de recuperación (dia) | 290 |
| Tracking Error | 7,01% | 5,98% | 5,25% | 4,41% |  | Peor mes | 03/2020 |
| Ratio de información | 0,97 | 0,33 | -0,40 | -0,42 |  | Peor rentabilidad | -13,96% |
| Cociente de Sharpe | -0,38 | 0,47 | 0,37 | 0,58 |  | Mejor mes | 04/2020 |
| Beta | 0,82 | 0,92 | 0,95 | 0,98 |  | Mejor rentabilidad | 10,01% |

Composición de la cartera (Fuente : Amundi)

## Distribución sectorial (Fuente : Amundi) *
Finanzas Salud Tecnología
Consumo Discrecional
Energía Industria
8,59 %
8,25 %
16,60 %
14,17 %
11,94 %
22,71 %

## Distribución geográfica (Fuente : Amundi) *
Estados Unidos
Holanda Japón Reino Unido
Corea Irlanda Alemania
Materiales Servicios de Comunicación Consumo no cíclico
Inmobiliario Servicios públicos Otros y liquidez
5,41 %
3,94 %
3,87 %
4,53 %
0 %	5 %	10 %	15 %	20 %	25 %
Cartera Índice
China Canadá México Italia Francia Otros países
Otros e liquidez
0 %	20 %	40 %	60 %	80 %
Cartera Índice
- Sin tener en cuenta los productos derivados.


## Principales sobreponderaciones (% activos, fuente : Amundi)
- Sin tener en cuenta los productos derivados.


## Principales infraponderaciones (% activos, fuente : Amundi)
|  | Cartera | Índice | Diferencial (C - í) |  |  | Cartera | Índice | Diferencial (C - í) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| SHELL PLC | 4,35% | 0,41% | 3,94% |  | APPLE INC | - | 4,16% | -4,16% |
| ABN AMRO BANK NV | 3,74% | 0,01% | 3,73% |  | MICROSOFT CORP | - | 3,41% | -3,41% |
| PFIZER INC | 4,07% | 0,58% | 3,50% |  | ALPHABET INC | - | 2,04% | -2,04% |
| KB FINANCIAL GROUP INC | 3,34% | - | 3,34% |  | AMAZON.COM INC | - | 1,54% | -1,54% |
| CARDINAL HEALTH INC | 2,91% | 0,04% | 2,87% |  | UNITEDHEALTH GROUP INC | - | 0,99% | -0,99% |
| WILLIS TOWERS WATSON PLC | 2,53% | 0,05% | 2,48% |  | JOHNSON & JOHNSON | - | 0,93% | -0,93% |
| WELLS FARGO & CO | 2,73% | 0,31% | 2,42% |  | EXXON MOBIL CORP | - | 0,91% | -0,91% |
| ALIBABA GROUP HOLDING LTD | 2,38% | - | 2,38% |  | BERKSHIRE HATHAWAY INC | - | 0,80% | -0,80% |
| ABBVIE INC | 2,74% | 0,57% | 2,16% |  | JPMORGAN CHASE & CO | - | 0,78% | -0,78% |
| BP PLC | 2,32% | 0,22% | 2,11% |  | PROCTER & GAMBLE CO/THE | - | 0,73% | -0,73% |
| Total | 31,11% | 2,20% | 28,91% |  | Total | - | 16,30% | -16,30% |

Los valores mencionados no deben considerarse recomendaciones para comprar o vender ningún valor en particular.
Los valores mencionados no deben considerarse recomendaciones para comprar o vender ningún valor en particular.
| Top 10 emisores (% del activo, fuente : Amundi) |  |  |  | Indicadores (Fuente : Amundi) |
| --- | --- | --- | --- | --- |
|  | Cartera | Índice |  | Número de líneas en cartera63 |
| SHELL PLC | 4,35% | 0,41% |  |  |
| PFIZER INC | 4,07% | 0,58% |  |  |
| ABN AMRO BANK NV | 3,74% | 0,01% |  |  |
| KB FINANCIAL GROUP INC | 3,34% | - |  |  |
| CARDINAL HEALTH INC | 2,91% | 0,04% |  |  |
| ABBVIE INC | 2,74% | 0,57% |  |  |
| WELLS FARGO & CO | 2,73% | 0,31% |  |  |
| WILLIS TOWERS WATSON PLC | 2,53% | 0,05% |  |  |
| ALIBABA GROUP HOLDING LTD | 2,38% | - |  |  |
| BP PLC | 2,32% | 0,22% |  |  |
| Total | 31,11% | 2,20% |  |  |

Los valores mencionados no deben considerarse recomendaciones para comprar o vender ningún valor en particular.