# Returns (Source: Fund Admin) - Past performance does not predict future returns
## Performance evolution (rebased to 100) from 30/01/2018 to 30/12/2022* (Source: Fund Admin)
120

## Risk analysis (rolling) (Source: Fund Admin)

### 1 year	3 years  5 years
| A	B | Portfolio volatility | 12.66% | 14.14% | - |
| --- | --- | --- | --- | --- |
| 110 | Benchmark volatility | 14.41% | 18.60% | - |

100
90
80
06/18
12/18
06/19
12/19
06/20
12/20
06/21
12/21
06/22
12/22
70

### Volatility is a statistical indicator that measures an asset’s variations around its average value. For example, market variations of +/- 1.5% per day correspond to a volatility of 25% per year.

## Sub-Fund Statistics (Source: Amundi)
|  | Portfolio | Benchmark |
| --- | --- | --- |
| Modified Duration | 0.85 | 1.57 |
| Number of Lines | 225 | 12,509 |


### Modified duration (in points) estimates a bond portfolio’s percentage price change for 1% change in yield
| Main Lines in Portfolio (Source: Amundi) |  |
| --- | --- |
|  | Portfolio * |
| AMUNDI GOLD STOCK-AED | 1.88% |
| A-F EMERGING MKT CORP BD-Z USD QD | 1.57% |
| ISHARES EPRA ASIA (GERMANY) | 1.50% |
| CAMECO CORP | 1.33% |
| TOTALENERGIES SE PARIS | 1.13% |
| FREEPORT MCMORAN INC | 1.12% |
| ENI SPA | 1.04% |
| RWE AG | 0.98% |
| UPM-KYMMENE OYJ | 0.93% |
| KINDER MORGAN INC | 0.93% |


### Portfolio (102.16)	Benchmark
A : The Sub-Fund was created to absorb AMUNDI FUNDS II REAL ASSETS TARGET INCOME. Performance is based on that of the absorbed Sub-Fund, which pursued the same investment policy, managed by the same investment management team, and adopted a fee structure with total ongoing charges lower by more than 5% than those of the Sub-Fund.

### B : Performance of the Sub-Fund since the date of its launch

## Cumulative Returns * (Source: Fund Admin)
|  | YTD | 1 month | 3 months | 1 year | 3 years | 5 years | Since |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Since | 31/12/2021 | 30/11/2022 | 30/09/2022 | 31/12/2021 | 31/12/2019 | - | 30/01/2018 |
| Portfolio | -9.11% | -2.30% | 7.07% | -9.11% | 3.21% | - | 2.16% |
| Benchmark | -4.79% | -2.32% | 8.51% | -4.79% | 2.39% | - | 3.20% |
| Spread | -4.32% | 0.02% | -1.45% | -4.32% | 0.82% | - | -1.04% |

Calendar year performance * (Source: Fund Admin)
|  | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Portfolio | -9.11% | 12.01% | 1.38% | 6.84% | - |
| Benchmark | -4.79% | 11.78% | -3.79% | 12.83% | - |
| Spread | -4.32% | 0.23% | 5.18% | -5.98% | - |

* Source: Fund Admin. The above results pertain to full 12-month period per calendar year. All performances are calculated net income reinvested and net of all charges taken by the Sub-Fund and expressed with the round-off superior. The value of investments may vary upwards or downwards according to market conditions.

### * The main lines in portfolio are presented except money market

Translation (ENES, 2022-12-31):
# Rentabilidades (Fuente: Fund Admin) - El rendimiento pasado no garantiza los resultados futuros
## Evolución de la rentabilidad (base 100) * (Fuente: Fund Admin)
120
110
100
90

## Indicadores de Riesgo (Fuente : Fund Admin)

### 1 año	3 años 5 años Volatilidad de la cartera	12,66% 14,14%	- Volatilidad del índice	14,41% 18,60%	-
La volatilidad es un indicador estadístico que mide la amplitud de las variaciones de un activo respecto a su media. Ejemplo: unas variaciones diarias de +/- 1,5% en los mercados corresponden a una volatilidad anual del 25%.

## Indicadores (Fuente : Amundi)

### Cartera  Índice
| Sensibilidad | 0,85 | 1,57 |
| --- | --- | --- |
| Número de líneas en cartera | 225 | 12 509 |

80
70	

### La sensibilidad (en puntos) representa el cambio porcentual
06/18
12/18
06/19
12/19
06/20
12/20
06/21
12/21
06/22
12/22

### del precio para una evolución del 1% del tipo de referencia

### Cartera (102,16)	Índice de referencia
| Compartimento. | AMUNDI GOLD STOCK-AED | 1,88% |
| --- | --- | --- |
| B : Rendimiento del Subfondo desde la fecha de su lanzamiento | A-F EMERGING MKT CORP BD-Z USD QD | 1,57% |
| Rentabilidades * (Fuente: Fund Admin) | ISHARES EPRA ASIA (GERMANY) | 1,50% |
|  | CAMECO CORP | 1,33% |

A : El Compartimiento se creó para absorber AMUNDI FUNDS II REAL ASSETS TARGET INCOME. El rendimiento se basa en el del Compartimento absorbido, que siguió la misma política de inversión, gestionado por el mismo equipo de gestión de inversiones, y adoptó una estructura de comisiones con un total de gastos corrientes inferiores en más de un 5 % a los del

## Principales posiciones (Fuente : Amundi)

### Cartera *
|  | Desde el | 1 mes | 3 meses | 1 año | 3 años | 5 años | Desde el | TOTALENERGIES SE PARIS |  |  | 1,13% |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Desde el | 31/12/2021 | 30/11/2022 | 30/09/2022 | 31/12/2021 | 31/12/2019 | - | 30/01/2018 | FREEPORT MCMORAN INC |  |  | 1,12% |
| Cartera | -9,11% | -2,30% | 7,07% | -9,11% | 3,21% | - | 2,16% | ENI SPA |  |  | 1,04% |
| Índice | -4,79% | -2,32% | 8,51% | -4,79% | 2,39% | - | 3,20% | RWE AG |  |  | 0,98% |
| Diferencia | -4,32% | 0,02% | -1,45% | -4,32% | 0,82% | - | -1,04% | UPM-KYMMENE OYJ |  |  | 0,93% |
|  |  |  |  |  |  |  |  | KINDER MORGAN INC |  |  | 0,93% |
|  |  |  |  |  |  |  |  | * Las principales líneas | de la | cartera | se presentan |


### excluyendo los instrumentos del mercado monetario.

## Rentabilidades anuales * (Fuente: Fund Admin)
|  | 2022 | 2021 | 2020 | 2019 | 2018 |
| --- | --- | --- | --- | --- | --- |
| Cartera | -9,11% | 12,01% | 1,38% | 6,84% | - |
| Índice | -4,79% | 11,78% | -3,79% | 12,83% | - |
| Diferencia | -4,32% | 0,23% | 5,18% | -5,98% | - |

* Fuente : Fund Admin. Las rentabilidades siguientes cubren períodos completos de 12 meses para cada año natural. El valor de las inversiones puede variar al alza o a la baja en función de la evolución de los mercados.