OVHaiLLM/Flipper huggingface dataset:
| Industry Distribution (%)2 |  |  | Country Breakdown (%)2 |  |  | Credit Quality (%) |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sovereigns | 63.39 |  | Mexico | 7.30 |  | AA | 7.21 |
| Oil & Gas | 12.68 |  | Saudi Arabia | 4.95 |  | A | 9.17 |
| Utilities | 6.26 |  | Qatar | 4.83 |  | BBB | 14.07 |
| Metals & Mining | 3.61 |  | Chile | 4.44 |  | BB | 28.51 |
| Industrial | 2.90 |  | Brazil | 4.41 |  | B | 30.31 |
| Financial | 2.63 |  | Indonesia | 4.04 |  | CCC | 6.68 |
| Real Estate | 2.06 |  | Turkey | 3.78 |  | C | 0.27 |
| Technology Media & Telecom | 1.71 |  | Angola | 3.66 |  | D | 0.45 |
| Infrastructure | 0.83 |  | Ukraine | 3.61 |  | Cash and Equivalents | 3.33 |
| Consumer Products | 0.60 |  | Colombia | 3.60 |  |  |  |
|  |  |  | United Arab Emirates | 3.43 |  | Sector Distribution (%) |  |

Translation (ENIT, 2021-07-31):
| Ripartizione settoriale (%)2 |  |  | Ripartizione geografica (%)2 |  |  | Merito di credito (%) |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Titoli di Stato | 63,39 |  | Messico | 7,30 |  | AA | 7,21 |
| Petrolio e Gas | 12,68 |  | Arabia Saudita | 4,95 |  | A | 9,17 |
| Servizi Pubblici | 6,26 |  | Qatar | 4,83 |  | BBB | 14,07 |
| Metallurgia & Estrazione | 3,61 |  | Cile | 4,44 |  | BB | 28,51 |
| Industria | 2,90 |  | Brasile | 4,41 |  | B | 30,31 |
| Finanziari | 2,63 |  | Indonesia | 4,04 |  | CCC | 6,68 |
| Immobiliare | 2,06 |  | Turchia | 3,78 |  | C | 0,27 |
| Tecnologia Media e Telecomunicazione | 1,71 |  | Angola | 3,66 |  | D | 0,45 |
| Infrastructure | 0,83 |  | Ucraina | 3,61 |  | Liquidità e Titoli Equivalenti | 3,33 |
| Prodotti di Consumo | 0,60 |  | Colombia | 3,60 |  |  |  |
|  |  |  | Emerati Arabi Uniti | 3,43 |  | Distribuzione (%) per settore |  |
## FOR RESIDENTS OF SWITZERLAND
This is an advertising document. The State of the origin of the Fund is Luxembourg. In Switzerland, the Representative is Acolin Fund Services AG, Leutschenbachstrasse 50, CH-8050 Zurich, whilst the Paying agent is Banque Cantonale de Genève, 17, quai de l’Ile, CH-1204 Geneva. The Basic documents of the Fund such as the prospectus, the key investor information document (KIID), the articles of association as well as the semi-annual and annual reports may be obtained free of charge at the office of the Swiss Representative. The current document is intended for information purposes only and shall not to be used as an offer to buy and/or sell shares. Past performance is no indication of current or future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units.
TCW Funds | 3, rue Jean Piret | L-2350, Luxembourg | email: tcwfunds@tcw.com | www.TCW.com

Translation (ENIT, 2023-01-31):
## PER I RESIDENTI IN SVIZZERA
Il presente è un documento a carattere promozionale. Lo Stato di origine del Fondo è il Lussemburgo. In Svizzera, il Rappresentante è Acolin Fund Services AG, Leutschenbachstrasse 50, CH–8050 Zurigo, mentre l’Agente per i pagamenti è Banque Cantonale de Genève, 17, Quai de l’Ile, CH-1204 Ginevra. I documenti di base del Fondo, come il prospetto, il documento contenente le informazioni chiave per gli investitori (KIID), lo statuto, nonché la relazione semestrale e annuale, possono essere ottenuti gratuitamente presso la sede del Rappresentante svizzero. Il presente documento è inteso solo a scopo informativo e non deve essere utilizzato come offerta di acquisto e/o vendita di azioni. Le performance passate non sono indicative di quelle correnti o future. I dati di performance non tengono conto delle commissioni e delle spese sostenute per l’emissione e il rimborso delle quote.
TCW Funds | 3, rue Jean Piret | L-2350, Lussemburgo | email: tcwfunds@tcw.com | www.TCW.com
# Performance (%, USD)
5	
4.32
4.29
4.32
4.29
1
For Yield to Maturity calculations, JP Morgan uses a Superbond Methodology whereas TCW uses a weighted average approach.

Translation (ENIT, 2023-01-31):
# Performance (%, USD)
Deviazione Standard (5  12,41% 11,74% Anni)
1
Per i calcoli del rendimento alla scadenza (“Yield to Maturity” o “YTM”), JP Morgan utilizza la cosiddetta metodologia “Superbond” mentre TCW utilizza l’approccio della media ponderata.
5
0
-5
-10
4,32
4,29
4,32
4,29
# Fees
## Management Fees	1.40%

## Ongoing Charges	1.65%

## Performance Fees	None

## Redemption Fee	None
| 2023 | 2.20 | -1.66 | - | - | - | - | - | - | - | - | - | - | 0.50 | 0.29 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2022 | -1.20 | -1.16 | -1.81 | -2.05 | -0.17 | -2.40 | 1.44 | -1.43 | -3.22 | -0.75 | 1.85 | -0.17 | -10.65 | -0.77 |
| 2021 | 0.20 | -0.12 | -0.24 | 0.31 | 0.22 | 0.09 | 0.12 | -0.02 | -0.24 | -0.52 | -0.51 | 0.05 | -0.66 | -0.67 |
| 2020 | 0.44 | -0.11 | -7.01 | 2.64 | 1.63 | 1.37 | 1.26 | 0.33 | -0.06 | 0.18 | 1.45 | 0.69 | 2.49 | -0.17 |
| 2019 | - | - | - | 0.29 | 0.17 | 0.70 | -0.18 | 0.28 | -0.27 | 0.22 | -0.19 | 0.04 | - | - |

Translation (ENIT, 2023-02-28):
# Spese
## Commissioni di gestione	1,40%

# correnti	1.65%
| 2023 | 2,20 | -1,66 | - | - | - | - | - | - | - | - | - | - | 0,50 | 0,29 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2022 | -1,20 | -1,16 | -1,81 | -2,05 | -0,17 | -2,40 | 1,44 | -1,43 | -3,22 | -0,75 | 1,85 | -0,17 | -10,65 | -0,77 |
| 2021 | 0,20 | -0,12 | -0,24 | 0,31 | 0,22 | 0,09 | 0,12 | -0,02 | -0,24 | -0,52 | -0,51 | 0,05 | -0,66 | -0,67 |
| 2020 | 0,44 | -0,11 | -7,01 | 2,64 | 1,63 | 1,37 | 1,26 | 0,33 | -0,06 | 0,18 | 1,45 | 0,69 | 2,49 | -0,17 |
| 2019 | - | - | - | 0,29 | 0,17 | 0,70 | -0,18 | 0,28 | -0,27 | 0,22 | -0,19 | 0,04 | - | - |
# Performance (%, EUR)
| Spread Duration | 6.98 Yrs | 7.48 Yrs |
| --- | --- | --- |
| Effective Duration | 7.12 Yrs | 7.52 Yrs |
| Average Price | $91.47 | $89.93 |
| Current Yield | 5.88% | 5.41% |
| Yield to Maturity | 7.05% | 6.64% |
| Tracking Error (10 Yrs) | 2.92% | – |

10
5
1.25	0.83
5.69	5.69
4.11	4.18
1

## For Yield to Maturity calculations, JP Morgan uses a Superbond Methodology whereas TCW uses a weighted average approach.

Translation (ENIT, 2022-02-28):
# Performance (%, EUR)
| Prezzo medio | $91,47 | $89,93 |
| --- | --- | --- |
| Rendimento Corrente | 5,88% | 5,41% |
| Rendimento a Scadenza | 7,05% | 6,64% |
| Tracking Error (10 Anni) | 2,92% | – |

10
5,69	5,69
4,11	4,18
1

## Per i calcoli del rendimento alla scadenza (“Yield to Maturity” o “YTM”), JP Morgan utilizza la cosiddetta metodologia “Superbond” mentre TCW utilizza l’approccio della media ponderata.
5
0
-5
-10
-6,33
-8,07
-6,33
-8,07
-2,50
-0,03
1,25	0,83
-0,30	-0,64
# Performance (%, USD)
| Spread Duration | 7.95 Yrs | 7.80 Yrs |
| --- | --- | --- |
| Effective Duration | 7.98 Yrs | 7.97 Yrs |
| Average Coupon | 5.26% | 5.21% |
| Average Price | $97.51 | $100.76 |
| Current Yield | 5.67% | 4.95% |
| Yield to Maturity | 6.31% | 5.13% |
| Tracking Error (5 Yrs) | 3.01% | – |
| Standard Deviation (5 Yrs) | 11.53% | 9.02% |

10
5
0
-5
-1.36	-0.70
5.65
3.77 4.36	3.79
2.73
3.89
3.89
5.46

Translation (ENIT, 2021-09-30):
# Performance (%, USD)
| Media Cedolare | 5,26% | 5,21% |
| --- | --- | --- |
| Prezzo medio | $97,51 | $100,76 |
| Rendimento Corrente | 5,67% | 4,95% |
| Rendimento a Scadenza | 6,31% | 5,13% |
| Tracking Error (5 Anni) | 3,01% | – |

10
5
0
-1,36	-0,70
5,65
3,77 4,36	3,79
2,73
3,89
3,89
5,46

## mentre TCW utilizza l’approccio della media

## ponderata.
-5	-4,02
-2,25
# Monthly Returns (%, USD)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sub-fund | Index |

Typically Lower Rewards	Typically Higher Rewards
| Characteristics | Sub-Fund | Index |
| --- | --- | --- |
| Number of Positions | 449 | – |
| Average Rating | BB | AAA |
| Average Maturity | 5.52 Yrs | 0.13 Yrs |
| Spread Duration | 6.35 Yrs | – |
| Effective Duration | 2.95 Yrs | 0.12 Yrs |
| Average Price | $74.75 | – |
| Current Yield | 6.81% | 2.53% |

| 2022 | -1.59 | -1.29 | -2.49 | -2.85 | -0.20 | -3.01 | 2.40 | -1.64 | - | - | - | - | -10.29 | 0.67 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2021 | 0.13 | -0.17 | -0.28 | 1.05 | 0.21 | 0.33 | 0.40 | 0.02 | 0.02 | -0.72 | -0.54 | 0.42 | 0.87 | 0.17 |
| 2020 | 0.65 | 0.33 | -8.92 | 2.61 | 1.61 | 1.81 | 1.49 | 0.35 | 0.13 | -0.03 | 1.93 | 1.00 | 2.46 | 0.87 |
| 2019 | 1.20 | 0.53 | 1.32 | 0.56 | 0.63 | 0.91 | 0.23 | 0.70 | -0.12 | 0.50 | -0.12 | 0.46 | 7.01 | 2.49 |
| 2018 | -0.14 | -0.32 | 0.02 | -0.05 | 0.28 | -0.22 | 0.25 | 0.21 | 0.17 | -0.30 | -0.40 | 0.26 | -0.24 | 2.22 |

Yield to Maturity	6.53%	2.53%
Tracking Error (5 Yrs)	5.42%	–
Standard Deviation (5 Yrs)	5.44%	0.28%

Translation (ENIT, 2022-08-31):
# Rendimenti mensili (%, USD)
Rendimenti tendenzialmente meno elevati
Rendimenti tendenzialmente
| Gen | Feb | Mar | Apr | Mag | Giu | Lug | Ago | Set | Ott | Nov | Dic | Anno |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Comparto | Indice |

più elevati
| 2022 | -1,59 | -1,29 | -2,49 | -2,85 | -0,20 | -3,01 | 2,40 | -1,64 | - | - | - | - | -10,29 | 0,67 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2021 | 0,13 | -0,17 | -0,28 | 1,05 | 0,21 | 0,33 | 0,40 | 0,02 | 0,02 | -0,72 | -0,54 | 0,42 | 0,87 | 0,17 |
| 2020 | 0,65 | 0,33 | -8,92 | 2,61 | 1,61 | 1,81 | 1,49 | 0,35 | 0,13 | -0,03 | 1,93 | 1,00 | 2,46 | 0,87 |
| 2019 | 1,20 | 0,53 | 1,32 | 0,56 | 0,63 | 0,91 | 0,23 | 0,70 | -0,12 | 0,50 | -0,12 | 0,46 | 7,01 | 2,49 |
| 2018 | -0,14 | -0,32 | 0,02 | -0,05 | 0,28 | -0,22 | 0,25 | 0,21 | 0,17 | -0,30 | -0,40 | 0,26 | -0,24 | 2,22 |

Caratteristiche	
Comparto	Indice
Numero di posizioni	449	–
Media Rating		BB	AAA Media Scadenza	5,52 Anni 0,13 Anni
Spread Duration	6,35 Anni	–
Durata effettiva	2,95 Anni 0,12 Anni
Deviazione Standard (5	5,44%	0,28% Anni)
# Fees
Management Fees	1.50%
Ongoing Charges	1.75%
Performance Fees	None
Redemption Fee	None
Maximum Subscription Fee
Up to 4.5% to the benefit of distributor

Translation (ENIT, 2022-08-31):
# Spese
Commissioni di gestione	1,50%
Spese correnti	1.75%
Commissioni di performance
Nessuna
Commissione di rimborso	Nessuna
Le performance passate non sono un indicatore affidabile dei risultati futuri. I rendimenti possono aumentare o diminuire in
Commissione di sottoscrizione massima
# Fees
Management Fees	1.50%
Ongoing Charges	1.90%
Performance Fees	None
Redemption Fee	None
Past performance is not a reliable indicator of future results. Returns may increase or decrease as a result of currency fluctuations. All
Maximum Subscription Fee

Translation (ENIT, 2022-09-30):
# Spese
Commissioni di gestione	1,50%
Spese correnti	1.90%
Le performance passate non sono un indicatore affidabile dei risultati futuri. I rendimenti possono aumentare o diminuire in base alle fluttuazioni valutarie. Tutti i rendimenti sono espressi al netto delle commissioni e al lordo della tassazione.
Fonte: Morningstar. Rendimenti non annualizzati se il lancio è avvenuto da meno di un anno.
Commissioni di performance
Nessuna
Indice – JP Morgan GBI-EM Global Diversified: Un indice globale completo dei mercati emergenti in valuta locale che si compone di titoli di Stato a tasso fisso, liquidi e negoziati con regolarità in valuta locale e include solo paesi che consentono a investitori esteri di
Commissione di rimborso	Nessuna
accedere al loro mercato dei capitali. L’indice è ponderato dela capitalizzazione di mercato, con un limite massimo del 10% per
Commissione di sottoscrizione massima
# Monthly Returns (%, USD)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sub-fund | Index |


## Median Market Cap.	$42.50B $17.78B Tracking Error (3 Yrs)		6.24%	–

## Standard Deviation (3 Yrs)	21.38%  21.04%

Translation (ENIT, 2023-01-31):
# Rendimenti mensili (%, USD)
## 5 anni di crescita dei mercato

## 10,00%	9,84%

## Debt/Capital	0,68	0,58

## Capitalizzazione di	$190,82B $322,55B mercato media

## Capitalizzazione di mercato mediana

## $42,50B $17,78B

## Tracking Error (3 Anni)	6,24%	–

## Deviazione Standard (3 Anni)
# Subscription/Redemption Information
NAV Valuation	Daily Forward Pricing
YTD	QTD	1 Year	3 Years	5 Years	10 Years	Since Inception
- Sub-Fund	■	Index

Translation (ENIT, 2022-09-30):
# Informazioni su sottoscrizioni e rimborsi
Questa classe di azioni è stata lanciata meno di 12 mesi fa;
di conseguenza, al momento non sono disponibili informazioni complete sulla performance.
Valorizzazione NAV	Prezzo a termine giornaliero
Da inizio anno	QTD	1 anno	3 anni	5 anni	10 anni	Dal lancio
- Comparto	■	Indice
# Monthly Returns (%, EUR)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sub-fund | Index |

Typically Lower Rewards	Typically Higher Rewards
| 2022 | -2.22 | -1.22 | -2.98 | -4.24 | 0.32 | -2.40 | 2.63 | -3.41 | - | - | - | - | -12.90 | -12.00 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2021 | -0.73 | -1.47 | -1.16 | 0.70 | 0.15 | 0.64 | 0.89 | -0.24 | -0.92 | -0.17 | 0.11 | -0.46 | -2.64 | -2.43 |
| 2020 | 1.81 | 1.35 | -1.40 | 2.07 | 0.45 | 0.75 | 1.48 | -0.68 | -0.15 | -0.49 | 1.09 | 0.11 | 6.51 | 6.11 |
| 2019 | 0.81 | -0.29 | 1.63 | -0.31 | 1.56 | 0.86 | -0.08 | 2.23 | -0.82 | -0.05 | -0.19 | -0.39 | 5.01 | 5.56 |
| 2018 | -1.26 | -1.14 | 0.42 | -0.94 | 0.42 | -0.32 | -0.31 | 0.36 | -0.94 | -1.09 | 0.22 | 1.37 | -3.21 | -2.76 |

Characteristics	
Sub-Fund	Index
| Number of Positions | 553 | 12,667 |
| --- | --- | --- |
| Average Rating | AA | AA+ |
| Average Maturity | 8.45 Yrs | 8.56 Yrs |
| Spread Duration | 4.65 Yrs | 3.80 Yrs |
| Effective Duration | 6.62 Yrs | 6.36 Yrs |
| Average Price | $91.69 | $91.89 |
| Current Yield | 3.60% | 2.78% |
| Yield to Maturity | 4.61% | 3.96% |
| Tracking Error (5 Yrs) | 0.59% | – |
| Standard Deviation (5 Yrs) Share Class | 4.53% | 4.36% |

Translation (ENIT, 2022-08-31):
# Rendimenti mensili (%, EUR)
Rendimenti tendenzialmente meno elevati
Rendimenti tendenzialmente
| Gen | Feb | Mar | Apr | Mag | Giu | Lug | Ago | Set | Ott | Nov | Dic | Anno |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Comparto | Indice |

| 2022 | -2,22 | -1,22 | -2,98 | -4,24 | 0,32 | -2,40 | 2,63 | -3,41 | - | - | - | - | -12,90 | -12,00 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2021 | -0,73 | -1,47 | -1,16 | 0,70 | 0,15 | 0,64 | 0,89 | -0,24 | -0,92 | -0,17 | 0,11 | -0,46 | -2,64 | -2,43 |
| 2020 | 1,81 | 1,35 | -1,40 | 2,07 | 0,45 | 0,75 | 1,48 | -0,68 | -0,15 | -0,49 | 1,09 | 0,11 | 6,51 | 6,11 |
| 2019 | 0,81 | -0,29 | 1,63 | -0,31 | 1,56 | 0,86 | -0,08 | 2,23 | -0,82 | -0,05 | -0,19 | -0,39 | 5,01 | 5,56 |
| 2018 | -1,26 | -1,14 | 0,42 | -0,94 | 0,42 | -0,32 | -0,31 | 0,36 | -0,94 | -1,09 | 0,22 | 1,37 | -3,21 | -2,76 |

più elevati
Caratteristiche	
Comparto	Indice
Numero di posizioni	553	12.667
Media Rating		AA	AA+ Media Scadenza	8,45 Anni 8,56 Anni
Spread Duration	4,65 Anni 3,80 Anni
Durata effettiva	6,62 Anni 6,36 Anni
Prezzo medio	$91,69	$91,89
Rendimento Corrente	3,60%	2,78%
Rendimento a Scadenza	4,61%	3,96%
Tracking Error (5 Anni)	0,59%	–
Deviazione Standard (5	4,53%	4,36%
| Top Ten Securities (%)1 |  |  | Country Breakdown (%) |  |  | Credit Quality (%) |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Issue (Coupon, Maturity) | Weight |  | United States | 90.20 |  | U.S. Agencies | 32.04 |
| US TREASURY N/B 3.125% 8/31/2027 | 5.88 |  | Great Britain | 3.29 |  | U.S. Treasuries | 37.42 |
| US TREASURY N/B 2.000% 11/15/2041 | 5.47 |  | Ireland | 2.16 |  | AAA | 7.63 |
| US TREASURY N/B 3.250% 8/31/2024 | 4.56 |  | Switzerland | 0.69 |  | AA | 5.91 |
| US TREASURY N/B 3.000% 7/31/2024 | 3.76 |  | Australia | 0.55 |  | A | 12.62 |
| US TREASURY N/B 3.125% 8/15/2025 | 3.58 |  | Luxembourg | 0.43 |  | BBB | 13.87 |
| US TREASURY N/B 2.750% 7/31/2027 | 3.36 |  | Belgium | 0.29 |  | BB | 2.56 |
| US TREASURY N/B 3.250% 6/30/2027 | 2.92 |  | Germany | 0.21 |  | B | 2.72 |
| US TREASURY N/B 3.000% 8/15/2052 | 1.94 |  | Indonesia | 0.19 |  | CCC and below | 1.64 |

Translation (ENIT, 2022-08-31):
| Primi 10 titoli (%)1 |  |  | Ripartizione geografica (%) |  |  | Merito di credito (%) |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Emissione (cedola, scadenza) | Peso |  | Stati Uniti | 90,20 |  | U.S. Agencies | 32,04 |
| US TREASURY N/B 3.125% 8/31/2027 | 5,88 |  | Regno Unito | 3,29 |  | U.S. Treasuries | 37,42 |
| US TREASURY N/B 2.000% 11/15/2041 | 5,47 |  | Irlanda | 2,16 |  | AAA | 7,63 |
| US TREASURY N/B 3.250% 8/31/2024 | 4,56 |  | Svizzera | 0,69 |  | AA | 5,91 |
| US TREASURY N/B 3.000% 7/31/2024 | 3,76 |  | Australia | 0,55 |  | A | 12,62 |
| US TREASURY N/B 3.125% 8/15/2025 | 3,58 |  | Lussemburgo | 0,43 |  | BBB | 13,87 |
| US TREASURY N/B 2.750% 7/31/2027 | 3,36 |  | Belgio | 0,29 |  | BB | 2,56 |
| US TREASURY N/B 3.250% 6/30/2027 | 2,92 |  | Germania | 0,21 |  | B | 2,72 |
| US TREASURY N/B 3.000% 8/15/2052 | 1,94 |  | Indonesia | 0,19 |  | CCC e inferiore | 1,64 |
# Monthly Returns (%, USD)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sub-fund | Index |

| 2021 | 0.10 | -0.13 | -0.32 | 0.91 | 0.15 | 0.97 | 0.24 | 0.38 | 0.11 | - | - | - | 2.43 | 4.54 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2020 | 0.11 | -0.33 | -6.11 | 5.00 | 2.77 | 1.40 | 4.18 | 0.61 | -1.06 | 0.43 | 3.13 | 1.27 | 11.50 | 7.05 |
| 2019 | 3.49 | 1.36 | 0.87 | 1.16 | -0.23 | 1.83 | 0.62 | 0.31 | 0.30 | 0.52 | -0.11 | 1.23 | 11.88 | 14.32 |
| 2018 | 0.30 | -0.74 | -0.37 | 0.45 | 0.09 | 0.18 | 0.58 | 0.45 | 0.37 | -0.87 | 0.02 | -1.23 | -0.79 | -2.08 |
| 2017 | 0.61 | 1.34 | 0.19 | 0.74 | 0.89 | 0.17 | 0.44 | 0.29 | 0.45 | 0.25 | -0.02 | 0.22 | 5.69 | 7.50 |

Typically Lower Rewards	Typically Higher Rewards
| Characteristics | Sub-Fund | Index |
| --- | --- | --- |
| Number of Positions | 238 | 2,238 |
| Average Rating | BB | B+ |
| Average Maturity | 4.73 Yrs | 4.69 Yrs |
| Spread Duration | 4.05 Yrs | 3.91 Yrs |
| Effective Duration | 3.54 Yrs | 3.96 Yrs |
| Average Coupon | 4.33% | 5.73% |
| Average Price | $100.46 | $104.59 |
| Current Yield | 4.24% | 5.48% |
| Yield to Maturity | 3.66% | 4.05% |
| Tracking Error (5 Yrs) | 2.96% | – |
| Standard Deviation (5 Yrs) | 4.95% | 7.34% |
| Share Class |  |  |

Translation (ENIT, 2021-09-30):
# Rendimenti mensili (%, USD)
| Gen | Feb | Mar | Apr | Mag | Giu | Lug | Ago | Set | Ott | Nov | Dic | Anno |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Comparto | Indice |

Rendimenti tendenzialmente meno elevati
Rendimenti tendenzialmente
| 2021 | 0,10 | -0,13 | -0,32 | 0,91 | 0,15 | 0,97 | 0,24 | 0,38 | 0,11 | - | - | - | 2,43 | 4,54 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2020 | 0,11 | -0,33 | -6,11 | 5,00 | 2,77 | 1,40 | 4,18 | 0,61 | -1,06 | 0,43 | 3,13 | 1,27 | 11,50 | 7,05 |
| 2019 | 3,49 | 1,36 | 0,87 | 1,16 | -0,23 | 1,83 | 0,62 | 0,31 | 0,30 | 0,52 | -0,11 | 1,23 | 11,88 | 14,32 |
| 2018 | 0,30 | -0,74 | -0,37 | 0,45 | 0,09 | 0,18 | 0,58 | 0,45 | 0,37 | -0,87 | 0,02 | -1,23 | -0,79 | -2,08 |
| 2017 | 0,61 | 1,34 | 0,19 | 0,74 | 0,89 | 0,17 | 0,44 | 0,29 | 0,45 | 0,25 | -0,02 | 0,22 | 5,69 | 7,50 |

più elevati
| Caratteristiche | Comparto | Indice |
| --- | --- | --- |
| Numero di posizioni | 238 | 2.238 |
| Media Rating | BB | B+ |

Media Scadenza	4,73 Anni 4,69 Anni
Spread Duration	4,05 Anni 3,91 Anni
Durata effettiva	3,54 Anni 3,96 Anni
| Industry Distribution (%)2 |  |  | Country Breakdown (%)2 |  |  | Credit Quality (%) |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sovereigns | 60.12 |  | Mexico | 8.39 |  | AA | 7.34 |
| Oil & Gas | 14.96 |  | Indonesia | 4.89 |  | A | 7.42 |
| Utilities | 8.50 |  | Saudi Arabia | 4.84 |  | BBB | 23.13 |
| Metals & Mining | 4.56 |  | Qatar | 4.72 |  | BB | 28.53 |
| Technology Media & Telecom | 2.17 |  | Brazil | 4.56 |  | B | 25.02 |
| Financial | 2.15 |  | Panama | 4.30 |  | CCC | 3.67 |
| Industrial | 1.89 |  | Peru | 4.08 |  | C | 0.65 |
| Infrastructure | 1.10 |  | Bahrain | 3.41 |  | D | 0.44 |
| Transportation | 0.42 |  | United Arab Emirates | 3.35 |  | Cash and Equivalents | 3.80 |
| Consumer Products | 0.33 |  | Dominican Republic | 3.28 |  |  |  |

Translation (ENIT, 2022-02-28):
| Ripartizione settoriale (%)2 |  |  | Ripartizione geografica (%)2 |  |  | Merito di credito (%) |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Titoli di Stato | 60,12 |  | Messico | 8,39 |  | AA | 7,34 |
| Petrolio e Gas | 14,96 |  | Indonesia | 4,89 |  | A | 7,42 |
| Servizi Pubblici | 8,50 |  | Arabia Saudita | 4,84 |  | BBB | 23,13 |
| Metallurgia & Estrazione | 4,56 |  | Qatar | 4,72 |  | BB | 28,53 |
| Tecnologia Media e Telecomunicazione | 2,17 |  | Brasile | 4,56 |  | B | 25,02 |
| Finanziari | 2,15 |  | Panama | 4,30 |  | CCC | 3,67 |
| Industria | 1,89 |  | Perù | 4,08 |  | C | 0,65 |
| Infrastructure | 1,10 |  | Behrein | 3,41 |  | D | 0,44 |
| Trasporto | 0,42 |  | Emerati Arabi Uniti | 3,35 |  | Liquidità e Titoli Equivalenti | 3,80 |
| Prodotti di Consumo | 0,33 |  | Repubblica Dominicana | 3,28 |  |  |  |
| Sector Distribution (%) |  |
| --- | --- |
| Sovereigns | 60.12 |
| Corporates | 18.96 |
| Quasi Sovereigns | 17.12 |
| Cash and Equivalents | 3.80 |
| Currency Distribution (%)1 |  |

Translation (ENIT, 2022-02-28):
| Distribuzione (%) per settore |  |
| --- | --- |
| Titoli di Stato | 60,12 |
| Titoli Societari | 18,96 |
| Titoli Quasi-Governativi | 17,12 |
| Liquidità e Titoli Equivalenti | 3,80 |
| Distribuzione valutaria (%)1 |  |
# Performance (%, EUR)
1

## For Yield to Maturity calculations, JP Morgan uses a Superbond Methodology whereas TCW uses a weighted average approach.
6
4
2
0
-2
-4	-2.61
-1.16	-1.58 -0.85
3.11
3.85	3.74
1.58
1.43
0.48
-0.30	-0.71

Translation (ENIT, 2021-09-30):
# Performance (%, EUR)
| Media Cedolare | 5,94% | 5,30% |
| --- | --- | --- |
| Prezzo medio | $100,61 | $100,37 |
| Rendimento Corrente | 5,80% | 5,22% |
| Rendimento a Scadenza | 5,96% | 5,30% |
| Tracking Error (5 Anni) | 1,46% | – |
| Deviazione Standard (5 Anni) | 9,58% | 8,56% |

6
4
2
0
3,11
3,85	3,74
1,58
1,43
0,48

## (“Yield to Maturity” o “YTM”), JP Morgan utilizza la cosiddetta metodologia “Superbond” mentre TCW utilizza l’approccio della media
-2
-4	-2,61
-1,16	-1,58 -0,85
-0,30	-0,71

## ponderata.
United Arab Emirates0.09
Chile0.09
Mexico0.09
Hong Kong0.08
Dominican Republic0.07
Eurozone0.05
Singapore0.04
Currency Distribution (%)
United States Dollar100.00
Not Rated0.05
Cash and Equivalents	-16.46
Sector Distribution (%)

Translation (ENIT, 2022-08-31):
Emerati Arabi Uniti	0,09
Cile	0,09
Messico	0,09
Hong Kong	0,08
Repubblica Dominicana	0,07
Eurozone	0,05
Singapore	0,04
Distribuzione valutaria (%)
Dollaro Statunitense	100,00
Unrated	0,05
Liquidità e Titoli Equivalenti	-16,46
Distribuzione (%) per settore