OVHaiLLM/Flipper huggingface dataset:
#  Statistics	
 Volatility fund/benchmark (%)	15.24 / 15.901 Tracking Error (%)	4.311
 Information ratio/Sharpe ratio	1.45 / 1.011 Correlation	0.961
 Jensen Alpha/Beta	7.05 / 0.921
1 
computed over 3 years

Translation (ENFR, 2020-08-31):
#  Statistique	
 Volatilité fonds/benchmark (%)	15.24 / 15.901 Tracking Error (%)	4.311
 Information ratio/Sharpe ratio	1.45 / 1.011 Corrélation	0.961
 Jensen Alpha/Beta	7.05 / 0.921
1 
calculé sur 3 ans
|  |  |  |  |  |
| --- | --- | --- | --- | --- |
| EUR GBP |  |  | 22.2% | 41.2% |
| CHF |  |  | 21.9% |  |
| DKK |  | 9.3% |  |  |
| SEK | 4.8% |  |  |  |
| USD | 0.5% |  |  |  |

Translation (ENFR, 2022-08-31):
|  |  |  |  |  |
| --- | --- | --- | --- | --- |
| EUR GBP |  |  | 22.2% | 41.2% |
| CHF |  |  | 21.9% |  |
| DKK |  | 9.3% |  |  |
| SEK | 4.8% |  |  |  |
| USD | 0.5% |  |  |  |
#  Statistics	
 Volatility fund/benchmark (%)	16.46 / 17.441 Tracking Error (%)	6.591
 Information ratio/Sharpe ratio	0.11 / 0.401 Correlation	0.931
 Jensen Alpha/Beta	1.52 / 0.871
1 
computed over 3 years

Translation (ENFR, 2022-08-31):
#  Statistique	
 Volatilité fonds/benchmark (%)	16.46 / 17.441 Tracking Error (%)	6.591
 Information ratio/Sharpe ratio	0.11 / 0.401 Corrélation	0.931
 Jensen Alpha/Beta	1.52 / 0.871
1 
calculé sur 3 ans
#  Structure by sector
Financials Consumer Discretionary Information Technology
Real Estate Telecommunication Services
Energy Consumer Staples
Industrials

Translation (ENFR, 2022-08-31):
#  Répartition par secteur
Finance Consommation Discrétionnaire Technologies de l'Information
Immobilier Télécommunications
Énergie Biens de Consommation de Base
Industrie
#  Statistics	
 Volatility fund/benchmark (%)	4.26 / 4.041 Tracking Error (%)	5.021
 Information ratio/Sharpe ratio	-0.07 / n.a.1 Correlation	0.271
 Jensen Alpha/Beta	n.a. / 0.281
1 
computed over 3 years

Translation (ENFR, 2021-06-30):
#  Statistique	
 Volatilité fonds/benchmark (%)	4.26 / 4.041 Tracking Error (%)	5.021
 Information ratio/Sharpe ratio	-0.07 / n.a.1 Corrélation	0.271
 Jensen Alpha/Beta	n.a. / 0.281
1 
calculé sur 3 ans
#  Statistics
Volatility fund/benchmark (%)	19.15 / 16.271 Tracking Error (%)	8.391
 Information ratio/Sharpe ratio	-0.45 / -0.151 Correlation	0.901
 Jensen Alpha/Beta	-3.43 / 1.061
1 
computed over 3 years

Translation (ENFR, 2020-06-30):
#  Statistique
Volatilité fonds/benchmark (%)	19.15 / 16.271 Tracking Error (%)	8.391
 Information ratio/Sharpe ratio	-0.45 / -0.151 Corrélation	0.901
 Jensen Alpha/Beta	-3.43 / 1.061
Belgique
Grande-Bretagne
France
1 
calculé sur 3 ans
Structure by sector	
Health Care Information Technology Consumer Discretionary Telecommunication Services
Materials Consumer Staples
Utilities Liquidity

Translation (ENFR, 2021-06-30):
#  Répartition par secteur	
Santé Technologies de l'Information Consommation Discrétionnaire
Télécommunications
Matériels Biens de Consommation de Base Services aux Collectivités
Liquidité
|  |
| --- |
|  | 80.8% |
|  |
|  | 16.0% |
| 1.5% 0.6% 0.4% 0.4% 0.2% 0.04% |

Translation (ENFR, 2022-08-31):
|  |
| --- |
|  | 80.8% |
|  |
|  | 16.0% |
| 1.5% 0.6% 0.4% 0.4% 0.2% 0.04% |
#  Statistics
Volatility fund/benchmark (%)	11.58 / 13.761 Tracking Error (%)	3.641
 Information ratio/Sharpe ratio	-0.37 / 0.251 Correlation	0.971
 Jensen Alpha/Beta	-0.69 / 0.821
IShares USD Treasury 7-10Y	IE  14.07
Invesco S&P 500 UCITS ETF	IE  11.53
iShares S&P 500 Dist	IE  11.50
Vanguard S&P 500 UCITS ETF	IE  11.48
iShares USD Trea Bd 3-7yr	IE	9.43
UBS ETF MSCI Switzerland	LU	5.29
ISHARES USD TREASURY 3-7YR	IE	5.20
SPDR BBG US Tips	IE	4.69

Translation (ENFR, 2023-02-28):
#  Statistique
Volatilité fonds/benchmark (%)	11.58 / 13.761 Tracking Error (%)	3.641
iShares S&P 500 Dist	IE  11.50
Vanguard S&P 500 UCITS ETF	IE  11.48
iShares USD Trea Bd 3-7yr	IE	9.43
UBS ETF MSCI Switzerland	LU	5.29
ISHARES USD TREASURY 3-7YR	IE	5.20
SPDR BBG US Tips	IE	4.69
#  Statistics	
 Volatility fund/benchmark (%)	13.81 / 16.921 Tracking Error (%)	5.121
 Information ratio/Sharpe ratio	0.79 / 0.911 Correlation	0.961
 Jensen Alpha/Beta	5.75 / 0.791
1 
computed over 3 years

Translation (ENFR, 2021-06-30):
#  Statistique	
 Volatilité fonds/benchmark (%)	13.81 / 16.921 Tracking Error (%)	5.121
 Information ratio/Sharpe ratio	0.79 / 0.911 Corrélation	0.961
 Jensen Alpha/Beta	5.75 / 0.791
1 
calculé sur 3 ans
#  Statistics
Volatility fund/benchmark (%)	10.13 / 10.351 Tracking Error (%)1.311
Information ratio/Sharpe ratio	-1.15 / -0.361 Correlation0.991
Jensen Alpha/Beta	-1.58 / 0.971
Average maturity in years	4.99 Modified Duration3.65
Yield to Maturity (nominal) (%)7.98
1 
computed over 3 years

Translation (ENFR, 2022-10-31):
#  Statistique
Volatilité fonds/benchmark (%)	10.13 / 10.351 Tracking Error (%)1.311
Information ratio/Sharpe ratio	-1.15 / -0.361 Corrélation0.991
Jensen Alpha/Beta	-1.58 / 0.971
Durée résiduelle en années	4.99 Duration modifiée3.65
Rend. à l'échéance (nominal) (%)7.98
1 
calculé sur 3 ans
|  |
| --- |
|  | 83.4% |
|  |
|  | 12.4% |
| 2.3% 0.5% 0.5% 0.4% 0.3% 0.05% |

Translation (ENFR, 2022-10-31):
|  |
| --- |
|  | 83.4% |
|  |
|  | 12.4% |
| 2.3% 0.5% 0.5% 0.4% 0.3% 0.05% |
#  Structure by country
Italy Liquidity Germany
Spain Denmark Switzerland Netherlands
Belgium

Translation (ENFR, 2023-02-28):
#  Répartition par pays
|  |
| --- |
|  | 32.0% |
|  | 22.5% |
|  | 17.5% |
|  | 7.0% |
|  | 5.6% |
|  |
|  | 3.3% 3.3% 2.8% |
|  |
|  |
|  |
|  |
|  |

Italie Liquidité Allemagne Espagne Danemark
Suisse Pays-Bas Belgique
#  Statistics
Volatility fund/benchmark (%)	17.57 / 19.011 Tracking Error (%)	7.391
 Information ratio/Sharpe ratio	0.00 / 0.441 Correlation	0.921
 Jensen Alpha/Beta	1.12 / 0.851
BHP GROUP LTD-DI	AU	2.48
ConocoPhillips	US	2.40
Total13.67

Translation (ENFR, 2023-01-31):
#  Statistique
Volatilité fonds/benchmark (%)	17.57 / 19.011 Tracking Error (%)	7.391
 Information ratio/Sharpe ratio	0.00 / 0.441 Corrélation	0.921
 Jensen Alpha/Beta	1.12 / 0.851
ConocoPhillips	US	2.40
Total13.67
#  Statistics	
 Volatility fund/benchmark (%)	18.41 / 20.721 Tracking Error (%)	7.841
 Information ratio/Sharpe ratio	0.01 / 0.241 Correlation	0.931
 Jensen Alpha/Beta	0.76 / 0.821
1 
computed over 3 years

Translation (ENFR, 2022-12-31):
#  Statistique	
 Volatilité fonds/benchmark (%)	18.41 / 20.721 Tracking Error (%)	7.841
 Information ratio/Sharpe ratio	0.01 / 0.241 Corrélation	0.931
 Jensen Alpha/Beta	0.76 / 0.821
1 
calculé sur 3 ans
#  Largest positions
Security	%
Microsoft Corp	US	4.59
UnitedHealth Group Inc	US	4.12
Alphabet Inc A	US	3.76
NUTRIEN LTD	CA	3.60
Mosaic Co	US	3.00
Thermo Fisher Scientific Inc	US	2.92
| CORTEVA INC | US | 2.68 |
| --- | --- | --- |
| IQVIA Holdings Inc | US | 2.50 |

Translation (ENFR, 2023-02-28):
#  Les plus grandes positions
Titre	%
Microsoft Corp	US	4.59
UnitedHealth Group Inc	US	4.12
Alphabet Inc A	US	3.76
NUTRIEN LTD	CA	3.60
Mosaic Co	US	3.00
Thermo Fisher Scientific Inc	US	2.92
CORTEVA INC	US	2.68
IQVIA Holdings Inc	US	2.50
| in % | YTD | 1M | 3M | 6M | 1Y | 3Y p.a. | 5Y p.a. | 10Y  since p.a. launch p.a. |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fund | 2.87 | -3.59 | -3.68 | -2.92 | -13.85 | 9.21 | 6.03 | n.a.	5.75 |
| BM | 4.10 | -2.87 | 0.00 | 3.32 | -8.26 | 8.81 | 5.82 | n.a.	5.57 |
| Rolling | 28.02.2022 | 28.02.2021 | 29.02.2020 | 28.02.2019 | 28.02.2018 |
| perf. | - 28.02.2023 | - 28.02.2022 | - 28.02.2021 | - 29.02.2020 | - 28.02.2019 |
| Fund | -13.85 | 9.62 | 37.94 | 4.63 | -1.66 |
| BM | -8.26 | 7.81 | 30.25 | 3.89 | -0.84 |

Translation (ENFR, 2023-02-28):
|  | p.a. | p.a. | p.a. début, p.a. |
| --- | --- | --- | --- |
| Fonds | 2.87 | -3.59 | -3.68 | -2.92 | -13.85 | 9.21 | 6.03 | n.a.	5.75 |
| BM | 4.10 | -2.87 | 0.00 | 3.32 | -8.26 | 8.81 | 5.82 | n.a.	5.57 |
| Perf. | 28.02.2022 | 28.02.2021 | 29.02.2020 | 28.02.2019 | 28.02.2018 |
| glissante | - 28.02.2023 | - 28.02.2022 | - 28.02.2021 | - 29.02.2020 | - 28.02.2019 |
| Fonds | -13.85 | 9.62 | 37.94 | 4.63 | -1.66 |
| BM | -8.26 | 7.81 | 30.25 | 3.89 | -0.84 |
| EUR |  |
| --- | --- |
| USD |  | 18.2% |
| CHF |  | 18.0% |
| DKK | 5.6% |  |
| GBP | 1.3% |  |
| SEK | 0.7% |  |
| NOK | 0.03% |  |

Translation (ENFR, 2023-01-31):
| EUR |  |
| --- | --- |
| USD |  | 18.2% |
| CHF |  | 18.0% |
| DKK | 5.6% |  |
| GBP | 1.3% |  |
| SEK | 0.7% |  |
| NOK | 0.03% |  |
#  Comments	
Market review
On both sides of the Atlantic, after a very rapid rise in interest during 2022, the financial environment is now frankly restrictive. The welcome deceleration in inflation, notably through goods and energy helped to push markets ahead of expectations.
Performance contribution and portfolio changes
We continue to take advantage of increased volatility by optimising our portfolio via listed derivatives strategies (ie around 100 operations in January), we took profit into IBM, First Solar, Kering and partially in Deutsche Telekom positions. We increased our exposure into green mobility, ie Linde, Ceres Power Holdings and Faurecia, and also in High Tech in Advanced Micro Devices. We subscribed into the newly launched 5% $ Kingdom of Saudi Arabia 2028 (A1/A).
Outlook and strategy
We leave our macroeconomic scenarios as set end of last year as follow: 40% short-lived recession, inflation down, 25% recession, persistent inflation, stagflation/deflation, 25% exogenous shocks, 10% soft landing. We therefore maintain a fairly high exposure to the equity market.

Translation (ENFR, 2023-01-31):
#  Commentaires	
Situation du marché
Des deux côtés de l'Atlantique, après une hausse très rapide des taux d'intérêt en 2022, l'environnement financier est désormais franchement restrictif. La décélération bienvenue de l'inflation, notamment par le biais des biens et de l'énergie, a permis de pousser les marchés au-delà des attentes.
Contribution à la performance et modifications du portefeuille
Nous continuons à tirer parti de la volatilité accrue en optimisant notre portefeuille via des stratégies de dérivés cotés (soit une centaine d'opérations en janvier), nous avons pris des bénéfices sur les positions IBM, First Solar, Kering et partiellement sur Deutsche Telekom. Nous avons augmenté notre exposition dans la mobilité verte, c'est-à-dire Linde, Ceres Power Holdings et Faurecia, et également dans le High Tech dans Advanced Micro Devices. Nous avons souscrit à la nouvelle obligation 5% $ Kingdom of Saudi Arabia 2028 (A1/A).
Perspective et stratégie
Nous laissons nos scénarios macroéconomiques tels qu'établis à la fin de l'année dernière comme suit : 40% récession de courte durée, inflation en baisse, 25% récession, inflation persistante, stagflation/déflation, 25% chocs exogènes, 10% atterrissage en douceur. Nous maintenons donc une exposition assez élevée au marché des actions.
#  Largest positions
| Security |  | % |
| --- | --- | --- |
| Novo Nordisk A/S | DK | 2.97 |
| LVMH Moet Hennessy SA | FR | 2.94 |
| Novartis AG | CH | 2.66 |
| Allianz AG | DE | 2.37 |
| L Oréal SA | FR | 2.36 |
| Roche Holding GS | CH | 2.31 |
| Hermes International | FR | 2.27 |
| Nestle SA | CH | 2.13 |
| STMicroelectronics NV | NL | 1.94 |
| Sanofi Synthelabo | FR | 1.76 |

Volatility fund/benchmark (%)	12.10 / 6.001 Information	0.57 /
ratio/Sharpe ratio	0.121
1 
computed over 3 years

Translation (ENFR, 2022-12-31):
#  Les plus grandes positions
Titre	%
Novo Nordisk A/S	DK	2.97
LVMH Moet Hennessy SA	FR	2.94
Novartis AG	CH	2.66
Allianz AG	DE	2.37
L Oréal SA	FR	2.36
Roche Holding GS	CH	2.31
Hermes International	FR	2.27
Nestle SA	CH	2.13
STMicroelectronics NV	NL	1.94
Sanofi Synthelabo	FR	1.76
Volatilité fonds/benchmark (%)	12.10 / 6.001 Information
0.57 /
|  |
| --- |
|  | 124.2% |
| 2.2% 0.7% 0.6% 0.5% 0.4% 0.07% 0.06% |

Translation (ENFR, 2022-10-31):
|  |
| --- |
|  | 124.2% |
| 2.2% 0.7% 0.6% 0.5% 0.4% 0.07% 0.06% |
#  Statistics
Volatility fund/benchmark (%)	19.91 / 18.191 Tracking Error (%)	5.811
 Information ratio/Sharpe ratio	0.00 / 0.301 Correlation	0.961
 Jensen Alpha/Beta	-0.03 / 1.051

Translation (ENFR, 2022-10-31):
#  Statistique
Volatilité fonds/benchmark (%)	19.91 / 18.191 Tracking Error (%)	5.811
 Information ratio/Sharpe ratio	0.00 / 0.301 Corrélation	0.961
 Jensen Alpha/Beta	-0.03 / 1.051
2 
S'applique uniquement dans le cas où aucune comm. d'émission n'a été prélevée.
3 
DK: Enregistrement pour les investisseurs professionnels uniquement
#  Structure by sector
Financial Consumer, Non-Cyclical
Industrial Utilities
| document. Before subscribing, read the prospectus and the KIID which are available at | Consumer, Cyclical |  | 9.2% |
| --- | --- | --- | --- |
| www.funds.gam.com or from your distributor. | Communications |  | 8.5% |
| The mentioned financial instruments are provided for illustrative purposes only and shall not be considered as a direct offering, investment recommendation or investment advice. Allocations and | Liquidity |  | 3.9% |
| holdings are subject to change. | Basic Materials |  | 3.0% |

Translation (ENFR, 2021-09-30):
#  Répartition par secteur
Finance Consommation non cyclique
Industrie Services aux collectivités Consommation cyclique Communications
Liquidité Matériaux de base
# Important legal information
Sources: Bloomberg, Rimes, GAM. Please note the important legal information at the end of this document. Before subscribing, read the prospectus and the KIID which are available at www.funds.gam.com or from your distributor.
The mentioned financial instruments are provided for illustrative purposes only and shall not be considered as a direct offering, investment recommendation or investment advice. Allocations and holdings are subject to change.
2 
© 2022 Morningstar. All Rights Reserved.
3 
Only if no issuing commission was charged.
4 
DK: Registration for professional investors only

Translation (ENFR, 2022-07-31):
# Indications légales importantes
2 
© 2022 Morningstar. Tous droits réservés.
3 
S'applique uniquement dans le cas où aucune comm. d'émission n'a été prélevée.
4 
DK: Enregistrement pour les investisseurs professionnels uniquement
#  Structure by country
|  |
| --- |
|  | 78.8% |
|  | 10.7% |
|  | 5.6% |
|  | 5.0% |
| 3.1% |
| 1.3% |
| 1.1% |
| 0.6% |

USA
Germany
Italy Liquidity Denmark China Finland Belgium

Translation (ENFR, 2023-02-28):
#  Répartition par pays
|  |
| --- |
|  | 78.8% |
|  | 10.7% |
|  | 5.6% |
|  | 5.0% |
| 3.1% |
| 1.3% |
| 1.1% |
| 0.6% |

Etats-Unis Allemagne
Italie Liquidité Danemark
Chine Finlande Belgique
#  Investment focus and suitability
The investment objective of the fund is to achieve longterm capital growth by investing the assets in a portfolio of carefully selected shares and other equity securities, as well as warrants/options on shares and other equity securities of companies from the Precious metals industry sector. This sector includes companies that focus their activities on the exploration, production, processing and trading of gold, primarily, and subsidiarily, of precious metals. Furthermore the fund may invest in other equity securities, as well as warrants/options on shares and other equity securities of companies from other sectors, or in fixed-interest or floating-rate securities, convertible and warrant bonds of issuers from recognised countries.
Purchases of warrants/options involve increased risks due to the higher volatility of such investments. The fund is denominated in USD, foreign exchange risk is hedged.

Translation (ENFR, 2020-06-30):
#  Pôle d'investissement et destinataires
Le fonds entend générer une croissance du capital à long terme en investissant ses actifs dans un portefeuille composé d'actions et de titres de participation triés sur le volet d'entreprises de l'industrie des métaux précieux ainsi que de warrants/options sur de tels titres de participation et actions. Ce secteur rassemble des sociétés actives dans l'exploration, la production, le traitement et le négoce d'or principalement, et accessoirement de métaux précieux. Le fonds peut en outre investir dans d'autres titres de participation ainsi que dans des warrants/options sur actions et titres de participation de sociétés œuvrant dans d'autres secteurs, dans des titres à taux d'intérêt fixe ou variable, des emprunts convertibles et des obligations à droit d'option d'émetteurs de pays reconnus. L'achat de warrants/options implique des risques accrus liés à la volatilité supérieure de tels investissements. Le fonds, libellé en USD, est couvert contre le risque de change.
#  Statistics	
 Volatility fund/benchmark (%)	16.80 / 17.061 Tracking Error (%)	5.681
 Information ratio/Sharpe ratio	-0.94 / 0.441 Correlation	0.941
 Jensen Alpha/Beta	-4.47 / 0.931
1 
computed over 3 years

Translation (ENFR, 2021-09-30):
#  Statistique	
 Volatilité fonds/benchmark (%)	16.80 / 17.061 Tracking Error (%)	5.681
 Information ratio/Sharpe ratio	-0.94 / 0.441 Corrélation	0.941
 Jensen Alpha/Beta	-4.47 / 0.931
1 
calculé sur 3 ans
#  Structure by sector
| Fund | 2.82 | 7.48 | 14.97 | 15.97 | 20.01 | 1.40 | 5.10 | 5.68	1.75 |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| BM | -11.13	3.17 | 6.01	0.30  -2.44  -0.01	2.82 | n.a.	n.a. | Industrials |  |  | 70.9% |
| Rolling | 31.08.2019 | 31.08.2018	31.08.2017	31.08.2016 | 31.08.2015 | Information Technology |  | 12.4% |  |
| perf. | - 31.08.2020 | - 31.08.2019 - 31.08.2018 - 31.08.2017 | - 31.08.2016 |  |  |  |  |
| Fund | 20.01 | -13.39 | 0.32 | 13.73 | 8.12 | Materials | 9.0% |
| BM | -2.44 | -0.99 | 3.51 | 16.72 | -1.54 | Liquidity | 5.2% |
| Change of name: Julius Baer Multiflex - Carnot Efficient Energy Fund, as of 16.02.15 Multiflex	 Consumer Discretionary SICAV - Carnot Efficient Energy Fund. Anteilsklasse B1, as of 16.02.15 D. Anteilsklasse B3, as of | 0.7% |

16.02.15 B.
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 of the investor). The indications are based on figures denominated in CHF. If this 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.

Translation (ENFR, 2020-08-31):
#  Répartition par secteur
| en %en | YTD | 1M | 3M | 6M | 1A | 3A p.a. | 5A p.a. | 10A p.a. | dès début, p.a. |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fonds | 2.82 | 7.48 | 14.97 | 15.97 | 20.01 | 1.40 | 5.10 | 5.68 | 1.75 |
| BM | -11.13 | 3.17 | 6.01 | 0.30 | -2.44 | -0.01 | 2.82 | n.a. | n.a. |
| Perf. | 31.08.2019 | 31.08.2018 | 31.08.2017 | 31.08.2016 | 31.08.2015 |
| glissante | - 31.08.2020 | - 31.08.2019 | - 31.08.2018 | - 31.08.2017 | - 31.08.2016 |

Industrie Technologies de l'Information
Matériels
| Fonds | 20.01 | -13.39 | 0.32 | 13.73 | 8.12 | Liquidité | 5.2% |
| --- | --- | --- | --- | --- | --- | --- | --- |
| BM | -2.44 | -0.99 | 3.51 | 16.72 | -1.54 | Consommation Discrétionnaire | 0.7% |

Changement de nom: Julius Baer Multiflex - Carnot Efficient Energy Fund, au 16.02.15 Multiflex SICAV - Carnot Efficient Energy Fund. Anteilsklasse B1, au 16.02.15 D. Anteilsklasse B3, au
16.02.15 B.
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 coûts et commissions (par exemple frais de transaction et droits de garde acquittés 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 de diminuer sous l’effet des fluctuations monétaires.
#  Structure by sector
Financial Consumer, Cyclical Communications
Energy Consumer, Non-Cyclical
Liquidity Industrial
Basic Materials
| USD |  |
| --- | --- |
| CHF | -0.01% |
| GBP | -0.07% |
| EUR | -0.6% |

Translation (ENFR, 2022-04-30):
#  Répartition par secteur
Finance Consommation cyclique Communications
Energie Consommation non cyclique
Liquidité Industrie Matériaux de base
| USD |  |
| --- | --- |
| CHF | -0.01% |
| GBP | -0.07% |
| EUR | -0.6% |
| USD |  |
| --- | --- |
| CHF | -0.01% |
| GBP | -0.07% |
| EUR | -0.6% |

Translation (ENFR, 2022-04-30):
| USD |  |
| --- | --- |
| CHF | -0.01% |
| GBP | -0.07% |
| EUR | -0.6% |
Structure by sector	
Health Care Information Technology
Materials Industrials Consumer Staples
Telecommunication Services Consumer Discretionary
Liquidity

Translation (ENFR, 2022-10-31):
#  Répartition par secteur	
Santé Technologies de l'Information
Matériels Industrie
Biens de Consommation de Base
Télécommunications Consommation Discrétionnaire
Liquidité
#  Largest positions
| Security |  | % |
| --- | --- | --- |
| MODERNA INC | US | 1.82 |
| Alphabet Inc B | US | 1.78 |
| Nvidia Corp | US | 1.72 |
| INTELLIA THERAPEUTICS INC | US | 1.56 |
| Sunny Optical Tech | CN | 1.55 |
| Facebook Inc | US | 1.31 |
| Apple Inc | US | 1.28 |
| Microsoft Corp | US | 1.25 |
| Amazon.com Inc | US | 1.22 |
| Alibaba Group Holding | CN | 1.17 |
| Total |  | 14.66 |

Structure by investment type	
Equities Liquidity Bonds Warrants
Floating Rate Notes

Translation (ENFR, 2021-07-31):
#  Les plus grandes positions
| Titre |  | % |
| --- | --- | --- |
| MODERNA INC | US | 1.82 |
| Alphabet Inc B | US | 1.78 |
| Nvidia Corp | US | 1.72 |
| INTELLIA THERAPEUTICS INC | US | 1.56 |
| Sunny Optical Tech | CN | 1.55 |
| Facebook Inc | US | 1.31 |
| Apple Inc | US | 1.28 |
| Microsoft Corp | US | 1.25 |
| Amazon.com Inc | US | 1.22 |
| Alibaba Group Holding | CN | 1.17 |
| Total |  | 14.66 |

Répartition par instruments d'investissement	
Actions Liquidité Obligations Warrants
Floating Rate Notes
#  Statistics
Volatility fund/benchmark (%)	17.49 / 18.211 Tracking Error (%)	5.601
 Information ratio/Sharpe ratio	-1.05 / 0.441 Correlation	0.951
 Jensen Alpha/Beta	-4.86 / 0.911
1 
computed over 3 years

Translation (ENFR, 2021-06-30):
#  Statistique
Volatilité fonds/benchmark (%)	17.49 / 18.211 Tracking Error (%)	5.601
 Information ratio/Sharpe ratio	-1.05 / 0.441 Corrélation	0.951
 Jensen Alpha/Beta	-4.86 / 0.911
1 
calculé sur 3 ans
#  Largest positions
Security	%
Oracle Corp	US	3.23
Wells Fargo & Co	US	2.56
Microsoft Corp	US	2.30
JPMorgan Chase & Co	US	2.21
Novo Nordisk A/S	DK	2.08
Total12.38

Translation (ENFR, 2021-06-30):
#  Les plus grandes positions
Titre	%
Oracle Corp	US	3.23
Wells Fargo & Co	US	2.56
Microsoft Corp	US	2.30
JPMorgan Chase & Co	US	2.21
Novo Nordisk A/S	DK	2.08
Total12.38
#  Statistics	
 Volatility fund/benchmark (%)	14.69 / 16.461 Tracking Error (%)	6.281
 Information ratio/Sharpe ratio	0.58 / 1.071 Correlation	0.921
 Jensen Alpha/Beta	5.82 / 0.831
1 
computed over 3 years

Translation (ENFR, 2022-01-31):
#  Statistique	
 Volatilité fonds/benchmark (%)	14.69 / 16.461 Tracking Error (%)	6.281
 Information ratio/Sharpe ratio	0.58 / 1.071 Corrélation	0.921
 Jensen Alpha/Beta	5.82 / 0.831
1 
calculé sur 3 ans