# Ostrum Global Inflation Fund
## PORTFOLIO ANALYSIS AS OF 30/09/2022
Indexed bonds	88.4
Cash	11.6
Macaulay Duration	8.4	10.0
Duration	8.2	10.0
SHARE CLASS : R/D (EUR)	
FEES	
All-in-Fee	1.00%
Max. Sales Charge	2.50%
Max. Redemption Charge	-
Minimum Investment	1,000 EUR
Total
Off-balance sheet
100.0
Yield to call %	0.4	0.50

##### NAV (30/09/2022)
or equivalent

##### 69.38 EUR
Bond futures	-24.6
Total	-24.6

###### AAA	3.3	6.5
RATING BREAKDOWN	Fund %	Index %
| AA A+ A | 33.2 3.7 0.5 | 30.8 2.8 2.5 | MANAGEMENT Management Company |
| --- | --- | --- | --- |
| BBB | 3.4 | 4.6 | NATIXIS INVESTMENT MANAGERS S.A. |


###### AA+	43.4	52.7
Last dividend as of 01/07/2022	1.752 EUR 

###### The All-in fee represents the sum of Management fees and Administration fees. For further details, please refer to the definition at the end of the document.
| TOP 10 HOLDINGS | Fund % |
| --- | --- |
| TII 0.250% 01-25 | 8.8 |
| UKTI 0.125% 03-24 | 7.2 |
| TII 2.000% 01-26 | 4.9 |
| UKTI 0.125% 03-26 | 4.7 |
| TII 0.125% 01-32 | 3.9 |
| TII 3.625% 04-28 | 3.5 |
| TII 0.375% 01-27	3.5 TII 0.500% 01-28	3.2 TII 0.125% 01-30	2.7 TII 3.875% 04-29	2.4 Total	45.0 Total number of holdings in portfolio	70 |


###### Short term Rating	0.9	0.0

###### Cash & cash equivalent	11.6	0.0
S&P Breakdown
WEIGHTED AVERAGE RATING FACTOR *
Equivalent to a rating between	AA and AA-
|  | * This method assigns a rating factor to each long-term rating | solutions and investment services. (1) Ostrum AM was one of the first French asset |
| --- | --- | --- |
| BREAKDOWN BY MATURITY | Fund % | Index | Fund Index Duration | calculation. | manager signatories to the PRI in 2008. More details; www.unpri.org |
| <1 Y 1-3 Y | 16.2 | 18.0 | -0.1 0.1 | 0.4 | COUNTRY BREAKDOWN | Fund Index % | Fund Index Duration | (2) IPE Top 500 Asset Managers 2020 ranked Ostrum AM as the 77th largest asset manager, as at 12/31/2019. Any reference to a ranking, a rating |
| 3-5 Y 5-7 Y | 15.9 16.3 | 18.2 16.0 | 0.5 0.7 | 0.7 0.9 | France Italy Germany | 4.6	8.0 1.9	4.6 1.6	2.4 | 0.7	0.7 0.0	0.4 0.0	0.2 | or an award provides no guarantee for future performance. Ostrum Asset Management, a subsidiary of Natixis |
| 7-10 Y | 11.0 | 15.6 | 0.8 | 1.3 |  | Japan | 3.7	2.8 | 0.2	0.1 | Investment Managers S.A., is a French asset |


###### (Logarithmic scale) Non-rated securities are excluded from the
Investment Manager

##### OSTRUM ASSET MANAGEMENT
A responsible (1) European institutional investment management leader (2), Ostrum Asset Management supports its clients in their liability-driven investments, offering both asset management

##### 10-15 Y	3.8	6.3	0.1	0.7
Australia	0.4	1.0	-0.1	0.1
| >15 Y | 25.1 | 26.0 | 6.2	6.0 |  | United Kingdom | 29.4 | 22.8 | 4.1 | 4.2 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash & cash equivalent | 11.6 | 0.0 | 0.0 |  | Sweden | - | 0.7 | - | 0.0 |
|  | New Zealand | 0.4 | 0.5 | 0.0 | 0.0 |
| Canada | 0.9 | 1.8 | 0.2 | 0.3 |
| Denmark | - | 0.2 | - | 0.0 |
| Spain | 0.5 | 2.5 | 0.1 | 0.1 |
| United States | 43.4 | 52.7 | 3.1 | 3.8 |
| Cash & cash equivalent | 11.6 | - | 0.0 | - |

Mexico	1.5	-	0.0	-
manager authorized by the Autorité des Marchés Financiers (Agreement No. GP90009) and licensed to provide investment management services in the EU.
Headquarters	Paris
Founded	1984
Assets Under Management (Billion)
Portfolio Managers

##### US $ 408.3 / € 389.5
(30/06/2022)

#### CONTRIBUTION TO MODIFIED DURATION BY ZONE	

###### In % of AuM
Abdel-Rani Guermat : began investment career in 2003; joined Ostrum Asset Management in 2003; has co-managed the Fund since 2016; ESLSCA.
SANSON Isabelle : started her career in a finance en 1985. She joined Ostrum AM in 2006 ; she is a certified engineer from the" Ecole des Mines" in Nancy and holds an MSc in geophysics from Stanford University. Isabelle is an Actuary and a member of the French Institute of Actuaries (Paris).
- Fund	
- 
- IndexSource: Natixis Investment Managers International unless otherwise indicatedDue to active management, portfolio characteristics are subject to change. References to specific securities or industries should not be considered a recommendation.


#### INFORMATION
Prospectus Enquiries

###### E-mail	ClientServicingAM@natixis.com

Translation (ENES, 2022-09-30):
# Ostrum Global Inflation Fund
## ANÁLISIS DE LA CARTERA DE 30/09/2022
CARACTERÍSTICAS	Fondo	Índice
ASIGNACIÓN DE ACTIVOS	Fondo %
Bonos indexados	88,4
Efectivo	11,6
Duration	8,4	10,0
Sensibilidad	8,2	10,0
Total
fuera de balance
100,0
Rendimiento sobre próxima amortización %
0,4	0,50
| Futuros sobre bonos | -24,6 |
| --- | --- |
| Total | -24,6 |
|  |  |
| 10 PRIMERAS POSICIONES | Fondo % |
| TII 0.250% 01-25 | 8,8 |
| UKTI 0.125% 03-24 | 7,2 |
| TII 2.000% 01-26 | 4,9 |
| UKTI 0.125% 03-26 | 4,7 |
| TII 0.125% 01-32 | 3,9 |
| TII 3.625% 04-28 | 3,5 |
| TII 0.375% 01-27 | 3,5 |
| TII 0.500% 01-28 | 3,2 |
| TII 0.125% 01-30 | 2,7 |
| TII 3.875% 04-29 | 2,4 |
| Total	45,0 Número de líneas en cartera	70 |


###### AAA	3,3	6,5
| AA+ | 43,4 | 52,7 |  |
| --- | --- | --- | --- |
| AA | 33,2 | 30,8 | Sociedad de gestión |
| A+ | 3,7 | 2,8 | NATIXIS INVESTMENT MANAGERS S.A. |
| A | 0,5 | 2,5 | Equipo gestor |
| BBB | 3,4 | 4,6 | OSTRUM ASSET MANAGEMENT |

Ostrum Asset Management ofrece una gama eficaz en la gestión de renta fija, renta variable y de seguros, así como estrategias alternativas. Ostrum Asset Management, experto desde hace más de 30 años en la gestión activa fundamental, responde a las expectativas de los clientes en todo el mundo.
Ostrum Asset Management, filial de Natixis Investment Managers, es un gestor de activos francés autorizado por la Autorité des Marchés Financiers (n.º de autorización GP90009) y provisto de licencia para prestar servicios de gestión de inversiones en la UE.
Oficinas centrales	París
Fundada	1984

###### Calificación a corto plazo	0,9	0,0

###### Tesorería	11,6	0,0
Nomenclatura S&P
COEFICIENTE DE CALIFICACIÓN COMO MEDIA PONDERADA *
| ASIGNACIÓN POR	Fondo Indice Fondo Indice TRAMO DE		 %	 Sensibilidad  VENCIMIENTO |
| --- |
| <1 año |  |  | -0,1 |  |
| 1-3 años | 16,2 | 18,0 | 0,1 | 0,4 |
| 3-5 años | 15,9 | 18,2 | 0,5 | 0,7 |
| 5-7 años | 16,3 | 16,0 | 0,7 | 0,9 |
| 7-10 años | 11,0 | 15,6 | 0,8 | 1,3 |
| 10-15 años | 3,8 | 6,3 | 0,1 | 0,7 |
| >15 años | 25,1 | 26,0 | 6,2 | 6,0 |
| Tesorería | 11,6 | 0,0 | 0,0 |  |

Equivalente a una nota comprendida entre  AA y AA-

###### * Según este método, se vincula un coeficiente de calificación a cada calificación crediticia a largo plazo (escala logarítmica) Los valores no calificados se excluyen del cálculo.
Francia	4,6	8,0	0,7	0,7
US $ 408.3 / € 389.5
(30/06/2022)
Activos gestionados (mil mill.)
Italia	1,9	4,6	0,0	0,4
Alemania	1,6	2,4	0,0	0,2
Japón	3,7	2,8	0,2	0,1
Gestores del Fondo
Abdel-Rani Guermat: titulado por la ESLSCA (París), comenzó su carrera en el sector de la inversión en 2003, año en el que se incorporó a Ostrum Asset Management. Desde 2016, dirige el Fondo de
Australia	0,4	1,0	-0,1	0,1
México	1,5	-	0,0	-
Reino Unido	29,4	22,8	4,1	4,2
Suecia	-	0,7	-	0,0
Nueva Zelanda	0,4	0,5	0,0	0,0
| Canadá | 0,9 | 1,8 | 0,2 | 0,3 | manera conjunta. |
| --- | --- | --- | --- | --- | --- |
| Dinamarca | - | 0,2 | - | 0,0 |  |
| España | 0,5 | 2,5 | 0,1 | 0,1 |  |
| Estados Unidos | 43,4 | 52,7 | 3,1 | 3,8 |  |
| Tesorería | 11,6 | - | 0,0 | - |  |


#### CONTRIBUCIÓN A LA SENSIBILIDAD POR ÁREA	

###### en % del patrimonio neto
- Fondo	
- 
- ÍndiceFuente : Natixis Investment Managers International a menos que se indique lo contrarioINFORMACIÓNConsultas sobre el folletoCorreo electrónico	ClientServicingAM@natixis.comDebido a la gestión activa, las características de la cartera están sujetas a cambio. Las referencias a valores o sectores específicos no deben considerarse como una recomendación.