OVHaiLLM/Flipper huggingface dataset:
Please refer to the prospectus/information document of the fund and to the KIID/KID (as applicable) before making any final investment decisions.
Asset Management October 2022
For professional investors only.
CS (Lux) Emerging Market Corporate Bond Fund DBH CHF

Translation (ENES, 2022-10-31):
Esto es una comunicación publicitaria.
Consulte el folleto y el documento de datos fundamentales de información del fondo para el inversor (KIID) o el documento de datos fundamentales para el inversor (KID), según proceda, antes de tomar una decisión final de inversión.
Asset Management octubre 2022
Solo para inversores profesionales.
CS (Lux) Emerging Market Corporate Bond Fund DBH CHF
# Key risk figures
Portfolio
Modified duration	2.84
Yield to worst	2.49%
Average maturity in years	4.73
Linear weighted average credit rating	BBB+
| Performance overview - yearly |  |
| --- | --- |
| Last 10 years since 01.04.2009, in % |
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Portfolio net	2.63 | -1.87 | -2.15 | 5.47 | 0.29 | -2.91 | 3.84 | 5.12 | -0.46 | -15.35 |
| Benchmark	-1.37 | 6.95 | -0.89 | 3.78 | 1.33 | 0.26 | 0.23 | 0.28 | 0.24 | 0.37 |
| Relative net	4.00 | -8.83 | -1.26 | 1.69 | -1.04 | -3.17 | 3.61 | 4.84 | -0.70 | -15.72 |

Translation (ENES, 2022-09-30):
# Datos clave de riesgo
## Cartera

## Duración modificada	2.84

## Yield to worst	2.49%

## Vencimiento medio, en años	4.73

## Calificación crediticia media ponderada lineal	BBB+
| Resumen de rendimiento – anual |  |
| --- | --- |
| Últimos 10 años desde 01.04.2009, en % |
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Cartera neta	2.63 | -1.87 | -2.15 | 5.47 | 0.29 | -2.91 | 3.84 | 5.12 | -0.46 | -15.35 |
| Indice de referencia	-1.37 | 6.95 | -0.89 | 3.78 | 1.33 | 0.26 | 0.23 | 0.28 | 0.24 | 0.37 |
| Relativo neto	4.00 | -8.83 | -1.26 | 1.69 | -1.04 | -3.17 | 3.61 | 4.84 | -0.70 | -15.72 |
# Asset breakdown by risk currency (before hedging)
In % of total economic exposure
in %	
Portfolio 
| USD | 77.94 |  |  |
| --- | --- | --- | --- |
| EUR | 16.76 |  |  |
| CHF | 4.53 |  |  |
| JPY | 0.44 |  |
| HKD | 0.12 |  |
| GBP | 0.09 |  |
| CAD | 0.06 |  |
| AUD | 0.04 |  |
| SGD | 0.03 |  |

Translation (ENES, 2022-09-30):
# Desglose de activos por riesgo cambiario (antes de cobertura)
## En % de la exposición económica total
| Pública	37.72 |  |  |
| --- | --- | --- |
| Corporativo	20.52 |  |  |
| Convertibles	17.06 |  |  |
| Alta rentabilidad	15.09 |  |  |
| Mercados	8.09 emergentes |  |
|  |  |
|  |
| Liquidez	1.33 |  |
| Otros	0.19 |  |


## en %	
Cartera 
| USD | 77.94 |  |  |
| --- | --- | --- | --- |
| EUR | 16.76 |  |  |
| CHF | 4.53 |  |
| JPY | 0.44 |  |
| HKD | 0.12 |  |
| GBP | 0.09 |  |
| CAD | 0.06 |  |
| AUD | 0.04 |  |
| SGD | 0.03 |  |
# Investment policy
The fund invests in EUR-denominated money market instruments as well as in short-term fixed and variable-rate securities of first-class debtors. The creditworthiness for an investment purchase corresponds to at least “A-2” (S&P) / “P-2” (Moody’s). The fund, including derivative financial instruments, must have an average bullet maturity of no more than 12 months and an average residual maturity of six months. In the case of variable-rate investments, the next date on which the interest rate is due to be adjusted is deemed to the residual maturity date. The residual maturity of the individual investments may not exceed two years provided that the next date for interest-rate adjustment does not exceed 397 days. The Fund is a “Standard Money Market Fund” of the type VNAV MMF according to European Money Market Fund Regulation (MMFR).

Translation (ENES, 2022-10-31):
# Política de inversión
El fondo invierte en instrumentos del mercado monetario denominados en EUR, así como en valores de interés fijo y variable a corto plazo de deudores de primera categoría. La solvencia de una inversión se corresponde como mínimo con la calificación «A-2» (S&P)/«P-2» (Moody’s). El fondo, incluyendo instrumentos financieros derivados, debe tener un vencimiento único medio («bullet») de no más de 12 meses y un vencimiento residual medio de seis meses. En el caso de las inversiones de interés variable, se considerará que la siguiente fecha en la que el tipo de interés deba ajustarse será la fecha de vencimiento residual. El vencimiento residual de cada inversión individual no podrá ser superior a dos años, siempre que la próxima fecha para el ajuste del tipo de interés no exceda los 397 días. El fondo es un «fondo del mercado monetario estándar» de tipo MMF de valor liquidativo variable (VNAV) según el Reglamento europeo sobre fondos del mercado monetario (RFMM).
# Carbon emission intensity contribution by JPM CEMBI sector
Tons of CO2 equivalent emission intensity (GHG scopes 1 & 2) per $m sales, weighted by
portfolio exposure to sectors according to the JPM CEMBI sector split. Source: MSCI
Portfolio	
Portfolio 

Translation (ENES, 2022-09-30):
# Contribución a la intensidad de las emisiones de carbono por Sector JPM CEMBI
Intensidad de las emisiones de CO2 equivalente en toneladas (alcances 1 y 2 de GEI) por
millón de dólares en ventas, ponderada por la exposición de la cartera a sectores según la división sectorial Sector JPM CEMBI. Fuente: MSCI
Cartera	
Cartera 
# Asset breakdown by risk country
In % of total economic exposure
in %	
Portfolio 
| United States	33.86 |  |  |
| --- | --- | --- |
| United Kingdom	9.42 |  |  |
| Netherlands	8.28 |  |  |
| Japan	5.64 |  |  |
| Denmark	5.57 |  |  |
| Finland	5.34 |  |  |
| Sweden	4.88 |  |  |
| Taiwan (China)	3.82 |  |  |
| Canada	3.17 |  |  |
| Israel	2.37 |  |  |
| Others	17.66 |  |  |

in %	
Portfolio 
| USD	35.50 |  |  |
| --- | --- | --- |
| EUR	21.11 |  |  |
| GBP	9.58 |  |  |
| DKK	7.76 |  |  |
| JPY	5.80 |  |  |
| SEK	4.95 |  |  |
| TWD	3.87 |  |  |
| CAD	3.22 |  |  |
| ILS	2.40 |  |  |
| Others	5.80 |  |  |

Translation (ENES, 2022-10-31):
# Desglose de activos por riesgo país
## En % de la exposición económica total

## en %	
Cartera 
| Estados Unidos	33.86 |  |  |
| --- | --- | --- |
| Reino Unido	9.42 |  |  |
| Países Bajos	8.28 |  |  |
| Japón	5.64 |  |  |
| Dinamarca	5.57 |  |  |
| Finlandia	5.34 |  |  |
| Suecia	4.88 |  |  |
| Taiwán (China)	3.82 |  |  |
| Canadá	3.17 |  |  |
| Israel	2.37 |  |  |
| Otros	17.66 |  |  |


## en %	
Cartera 
| USD	35.50 |  |  |
| --- | --- | --- |
| EUR	21.11 |  |  |
| GBP	9.58 |  |  |
| DKK	7.76 |  |  |
| JPY	5.80 |  |  |
| SEK	4.95 |  |  |
| TWD	3.87 |  |  |
| CAD	3.22 |  |  |
| ILS	2.40 |  |  |
| Otros	5.80 |  |  |

2 
El perfil de riesgo y beneficio del fondo muestra las variaciones de valor que habría sufrido una inversión en este fondo durante los últimos cinco años, para lo cual se utilizan datos de rendimiento simulados si faltara el historial. La calificación de riesgo del fondo puede cambiar en el futuro. Tenga en cuenta que, por regla general, a mayor ganancia posible mayor pérdida posible. La categoría más baja de riesgo no significa que el fondo esté libre de riesgo.
# Investment Policy
The Fund invests in real estate companies and closed-end real estate investment trusts. The aim is to achieve the maximum possible absolute return in while keeping its volatility below the market’s. The Fund is managed actively and return is generated primarily by stock selection while establishing short positions via futures from time to time.

## Past performance does not predict future returns. Neither simulated nor historical performance is a reliable indicator for current or future performance.

Translation (ENES, 2022-10-31):
# Política de inversión
El fondo invierte en empresas inmobiliarias y sociedades de inversión inmobiliaria cerradas. El objetivo es lograr el máximo rendimiento absoluto posible manteniendo una volatilidad inferior a la del mercado. El fondo se gestiona activamente y el rendimiento se genera principalmente mediante la selección de acciones, estableciendo de manera ocasional posiciones cortas a través de futuros.

## El rendimiento pasado no predice beneficios futuros. Ni la rentabilidad simulada ni la histórica son indicadores fiables de la rentabilidad actual o futura.
# Risk overview - ex post
## since 01.08.2020, in %

## Annualized risk, in %

## 1 months 3 months	1 year	3 years	5 years	ITD

## Portfolio net	1.45	-13.17	-24.90	n/a	n/a	-6.53

## 1 year	3 years	5 years	ITD

## Portfolio volatility	19.73	n/a	n/a	17.15
1 

## If the currency of a financial product and/or its costs is different from your reference currency, the return and cost may increase or decrease as a result of currency fluctuations.

Translation (ENES, 2022-10-31):
# Resumen de riesgos – ex post
## desde 01.08.2020, en %

## Riesgo anualizado, en %

## 	periodo	

## Desde el

## 1 año	3 años	5 años	Desde el

## 	lanzamiento

## 1 meses  3 meses	1 año	3 años	5 años lanzamient

## Volatilidad de la

## 19.73	sin datos	sin datos	17.15

## 	o

## Cartera neta	1.45	-13.17	-24.90  sin datos  sin datos	-6.53

## cartera
# Asset breakdown by risk country
## In % of total economic exposure

## in %	
Portfolio 

## United States	69.82

## United States (Futures)

## -8.10

## Cash	4.69

## Cash (Derivatives Liquidity Effect)

## 8.10

## Switzerland	4.12

## Hong Kong	1.78

## Singapore	5.53

## Japan	14.06

## Russian

## Federation	-

## Ukraine	-

Translation (ENES, 2022-10-31):
# Desglose de activos por riesgo país
## En % de la exposición económica total

## en %	
Cartera 

## Federación Rusa	-

## Ucrania	-
# Performance overview - yearly
## since 01.05.2017, in %

## 2017	2018	2019	2020	2021	2022

## Portfolio net	2.49	-3.04	24.63	24.55	17.56	-25.25

Translation (ENES, 2022-08-31):
# Resumen de rendimiento – anual
## desde 01.05.2017, en %

## 2017	2018	2019	2020	2021	2022

## Cartera neta	2.49	-3.04	24.63	24.55	17.56	-25.25
# Asset breakdown by risk currency (before hedging)
In % of total economic exposure
in %	
Portfolio 
| EUR	62.23 |  |  |
| --- | --- | --- |
| USD	20.16 |  |  |
| GBP	15.79 |  |  |
| CHF	1.81 |  |

Translation (ENES, 2022-09-30):
# Desglose de activos por riesgo cambiario (antes de cobertura)
## En % de la exposición económica total
| Reino Unido	17.11 |  |  |
| --- | --- | --- |
| Países Bajos	14.89 |  |  |
| Suiza	8.85 |  |  |
| Alemania	8.01 |  |  |
| España	7.56 |  |  |
| Francia	7.45 |  |  |
| Italia	6.93 |  |  |
| Austria	6.52 |  |  |
| Irlanda	4.95 |  |  |
| Suecia	4.55 |  |  |
| Bélgica	2.88 |  |  |
| Otros	10.30 |  |  |


## en %	
Cartera 
| EUR	62.23 |  |  |
| --- | --- | --- |
| USD	20.16 |  |  |
| GBP	15.79 |  |  |
| CHF	1.81 |  |
# Asset breakdown by WAL bucket
In % of total economic exposure
in %	
Portfolio 
| < 1yr | 3.86 |  |
| --- | --- | --- |
| 1-3 yrs | 1.45 |  |
| 3-5 yrs | 6.77 |  |  |
| 5-7 yrs | 1.47 |  |
| 7-10 yrs | 2.94 |  |
| >15 yrs | 83.51 |  |  |

Translation (ENES, 2022-09-30):
# Desglose de activos por Grupo WAL
## En % de la exposición económica total

## en %	
Cartera 
| < 1 a | 3.86 |  |
| --- | --- | --- |
| 1-3 años | 1.45 |  |
| 3-5 años | 6.77 |  |  |
| 5-7 años | 1.47 |  |
| 7-10 años | 2.94 |  |
| >15 años | 83.51 |  |  |
# Asset breakdown by GICS sector
## In % of total economic exposure

## in %	
Portfolio 
| Health Care	21.74 |  |  |
| --- | --- | --- |
| Consumer Staples	19.13 |  |  |
| Financials	18.88 |  |  |
| Industrials	13.66 |  |  |
| Utilities	9.70 |  |  |
| Materials	8.20 |  |  |
| Communication	7.33 |  |  |
| Information	1.74 Technology |  |
|  |  |
|  |
| Consumer	0.70 Discretionary |  |
| FX	-1.34 |  |
| Others	0.26 |  |

Translation (ENES, 2022-10-31):
# Desglose de activos por Sector GICS
## En % de la exposición económica total

## en %	
Cartera 
| Salud	21.74 |  |  |
| --- | --- | --- |
| Consumo básico	19.13 |  |  |
| Financiero	18.88 |  |  |
| Industrial	13.66 |  |  |
| Servicios públicos	9.70 |  |  |
| Materiales	8.20 |  |  |
| Comunicación	7.33 |  |  |
| Tecnologías de la	1.74 información |  |
|  |  |
|  |
| Consumo	0.70 discrecional |  |
| Divisas	-1.34 |  |
| Otros	0.26 |  |
# Asset breakdown by risk country
## In % of total economic exposure

## in %	
Portfolio 
| Switzerland | 27.11 |  |  |
| --- | --- | --- | --- |
| United Kingdom | 24.60 |  |  |
| Germany | 17.58 |  |  |
| France | 12.35 |  |  |
| Finland | 5.27 |  |  |
| Spain | 4.86 |  |  |
| Sweden | 2.29 |  |  |
| Italy | 2.06 |  |  |
| Netherlands | 1.95 |  |  |
| Norway | 1.73 |  |  |
| Others | 0.20 |  |

Translation (ENES, 2022-10-31):
# Desglose de activos por riesgo país
## En % de la exposición económica total

## en %	
Cartera 
| Suiza | 27.11 |  |  |
| --- | --- | --- | --- |
| Reino Unido | 24.60 |  |  |
| Alemania | 17.58 |  |  |
| Francia | 12.35 |  |  |
| Finlandia | 5.27 |  |  |
| España | 4.86 |  |  |
| Suecia | 2.29 |  |  |
| Italia | 2.06 |  |  |
| Países Bajos | 1.95 |  |  |
| Noruega | 1.73 |  |  |
| Otros | 0.20 |  |
# Risk overview - ex post
## since 01.10.2012, in %

## Annualized risk, in %
|  | 1 months | 3 months | 1 year | 3 years | 5 years | ITD |  |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | -9.26 | -13.33 | -32.44 | -13.43 | -8.45 | -1.82 |  | Portfolio volatility | 11.00 | 10.06 | 8.33 | 6.70 |
| Benchmark | -3.42 | -6.53 | -16.39 | -5.54 | -2.82 | 0.37 |  | Benchmark volatility | 3.94 | 5.27 | 4.42 | 3.85 |
| Relative net | -5.84 | -6.79 | -16.05 | -7.89 | -5.63 | -2.19 |  | Tracking error | 9.17 | 6.32 | 5.11 | 3.86 |

1 

## If the currency of a financial product and/or its costs is different from your reference currency, the return and cost may increase or decrease as a result of currency fluctuations.
| Key risk figures Modified duration | Portfolio 4.03 | Benchmark 3.12 |  | Key risk figures Linear weighted average credit rating | Portfolio BBB- | Benchmark BBB+ |
| --- | --- | --- | --- | --- | --- | --- |
| Yield to worst | 9.34% | 5.09% |  |  |  |  |
| Average maturity in years | 11.62 | 3.61 |  |  |  |  |
|  |  |  |  |  |  |  |
| Performance overview - yearly since 01.01.2013, in % |  |  |  |  |  |  |
|  | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Portfolio net | 1.97 | 8.67 | 4.13 | 4.73 | 3.81 | -7.04 | 6.76 | 0.32 | -3.83 | -32.24 |
| Benchmark | 0.36 | 6.22 | 2.86 | 3.60 | 2.72 | -2.79 | 6.53 | 4.79 | -4.42 | -16.03 |
| Relative net | 1.61 | 2.45 | 1.27 | 1.13 | 1.09 | -4.26 | 0.23 | -4.47 | 0.59 | -16.21 |

Translation (ENES, 2022-10-31):
# Resumen de riesgos – ex post
## desde 01.10.2012, en %

## Riesgo anualizado, en %

## 	periodo	

## Desde el

## 1 año	3 años	5 años	Desde el

## 	lanzamiento

## 1 meses  3 meses	1 año	3 años	5 años lanzamient

## Volatilidad de la

## 11.00	10.06	8.33	6.70

## 	ocartera	

## Cartera neta	-9.26	-13.33	-32.44	-13.43	-8.45	-1.82

## Volatilidad del índice

## 3.94	5.27	4.42	3.85

## Indice de

## -3.42	-6.53	-16.39	-5.54	-2.82	0.37

## de referencia	

## referencia	

## Relativo neto	-5.84	-6.79	-16.05	-7.89	-5.63	-2.19

## Error de desviación	9.17	6.32	5.11	3.86
| Datos clave de riesgo | Cartera | Indice de                                 referencia |  | Datos clave de riesgo | Cartera | Indice de                                 referencia |
| --- | --- | --- | --- | --- | --- | --- |
| Duración modificada | 4.03 | 3.12 |  | Calificación crediticia media ponderada lineal | BBB- | BBB+ |
| Yield to worst | 9.34% | 5.09% |  |  |  |  |
| Vencimiento medio, en años | 11.62 | 3.61 |  |  |  |  |
|  |  |  |  |  |  |  |
| Resumen de rendimiento – anual desde 01.01.2013, en % |  |  |  |  |  |  |
|  | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Cartera neta | 1.97 | 8.67 | 4.13 | 4.73 | 3.81 | -7.04 | 6.76 | 0.32 | -3.83 | -32.24 |
| Indice de referencia | 0.36 | 6.22 | 2.86 | 3.60 | 2.72 | -2.79 | 6.53 | 4.79 | -4.42 | -16.03 |
| Relativo neto | 1.61 | 2.45 | 1.27 | 1.13 | 1.09 | -4.26 | 0.23 | -4.47 | 0.59 | -16.21 |
# Performance overview - yearly
## since 01.04.2017, in %

## 2017	2018	2019	2020	2021	2022

## Portfolio net	24.20	-9.74	24.89	30.94	9.18	-40.99

Translation (ENES, 2022-09-30):
# Resumen de rendimiento – anual
## desde 01.04.2017, en %

## 2017	2018	2019	2020	2021	2022

## Cartera neta	24.20	-9.74	24.89	30.94	9.18	-40.99
# Performance overview - yearly
since 01.01.2013, in %
|  | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | 10.14 | 5.71 | 2.99 | 3.87 | 6.85 | -5.12 | 7.85 | 10.85 | 3.66 | -13.42 |
| Benchmark | 10.89 | 6.97 | 3.75 | 5.79 | 6.63 | -4.09 | 8.14 | 10.05 | 3.65 | -12.58 |
| Relative net | -0.75 | -1.26 | -0.76 | -1.93 | 0.23 | -1.03 | -0.30 | 0.80 | 0.01 | -0.84 |

1 
If the currency of a financial product and/or its costs is different from your reference currency, the return and cost may increase or decrease as a result of currency fluctuations.

Translation (ENES, 2022-09-30):
# Resumen de rendimiento – anual
## desde 01.01.2013, en %
|  | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cartera neta | 10.14 | 5.71 | 2.99 | 3.87 | 6.85 | -5.12 | 7.85 | 10.85 | 3.66 | -13.42 |
| Indice de referencia | 10.89 | 6.97 | 3.75 | 5.79 | 6.63 | -4.09 | 8.14 | 10.05 | 3.65 | -12.58 |
| Relativo neto | -0.75 | -1.26 | -0.76 | -1.93 | 0.23 | -1.03 | -0.30 | 0.80 | 0.01 | -0.84 |
# Investment Policy
The fund is managed with an indexed method and is distinguished by broad diversification, low tracking errors, and low-cost management. The investment objective is to replicate the reference index as closely as possible and to minimize performance deviations from the benchmark.The CGBI WGBI EMU All Mats Index measures the performance of fixed-rate, local currency, investment grade sovereign bonds. It consists of the EMU-participating countries that meet specific criteria for market size, credit quality, and barriers-to-entry.

## Past performance does not predict future returns. Neither simulated nor historical performance is a reliable indicator for current or future performance.

Translation (ENES, 2022-09-30):
# Fund Investment Policy
El fondo se gestiona mediante un método indexado y se caracteriza por una amplia diversificación, un nivel bajo de errores de desviación y una gestión de bajo coste. El objetivo de la inversión es replicar el índice de referencia con la mayor exactitud posible y minimizar las desviaciones de rendimiento con respecto a la referencia. El CGBI WGBI EMU All Mats Index mide el rendimiento de los bonos soberanos de tipo fijo, en moneda local y con grado de inversión. Está formado por los países participantes en la UEM que cumplen criterios específicos de tamaño de mercado, calidad crediticia y barreras de entrada.

## El rendimiento pasado no predice beneficios futuros. Ni la rentabilidad simulada ni la histórica son indicadores fiables de la rentabilidad actual o futura.
# Asset breakdown by risk country
## In % of total economic exposure

## in %	
Portfolio 
| Japan	18.43 |  |  |
| --- | --- | --- |
| United States	16.33 |  |  |
| Italy	12.08 |  |  |
| France	6.21 |  |  |
| United Kingdom	4.85 |  |  |
| Brazil	4.63 |  |  |
| Switzerland	4.25 |  |  |
| Germany	3.57 |  |  |
| Turkey	3.55 |  |  |
| Cash	3.53 |  |  |
| Others	22.58 |  |  |

Translation (ENES, 2022-09-30):
# Desglose de activos por riesgo país
## En % de la exposición económica total

## en %	
Cartera 
| Japón	18.43 |  |  |
| --- | --- | --- |
| Estados Unidos	16.33 |  |  |
| Italia	12.08 |  |  |
| Francia	6.21 |  |  |
| Reino Unido	4.85 |  |  |
| Brasil	4.63 |  |  |
| Suiza	4.25 |  |  |
| Alemania	3.57 |  |  |
| Turquía	3.55 |  |  |
| Efectivo	3.53 |  |  |
| Otros	22.58 |  |  |
# Asset breakdown by MSCI country
## In % of total economic exposure
Benchmark 

## Portfolio Benchmark	
Portfolio 
| HKD | 25.69 | 26.00 |  |
| --- | --- | --- | --- |
| TWD | 20.45 | 20.30 |  |
| INR | 14.72 | 14.62 |  |
| KRW | 7.29 | 7.23 |  |
| ZAR | 6.27 | 6.23 |  |
| Others | 25.58 | 25.62 |  |

| China | 29.21 | 29.02 |  |
| --- | --- | --- | --- |
| Taiwan | 20.44 | 20.30 |  |
| India | 14.72 | 14.62 |  |
| Korea (South), Republic of | 7.28 | 7.23 |  |  |
|  |
|  |
| South Africa | 6.27 | 6.23 |  |
| Others | 22.08 | 22.60 |  |

Translation (ENES, 2022-11-30):
# Desglose de activos por País MSCI
En % de la exposición económica total
Cartera		Indice de referencia
Cartera 
Indice de referencia 
| HKD | 25.69 | 26.00 |  |
| --- | --- | --- | --- |
| TWD | 20.45 | 20.30 |  |
| INR | 14.72 | 14.62 |  |
| KRW | 7.29 | 7.23 |  |
| ZAR | 6.27 | 6.23 |  |
| Otros | 25.58 | 25.62 |  |

| China | 29.21 | 29.02 |  |
| --- | --- | --- | --- |
| Taiwán | 20.44 | 20.30 |  |
| India | 14.72 | 14.62 |  |
| Corea del Sur, República de | 7.28 | 7.23 |  |  |
|  |
|  |
| Sudáfrica | 6.27 | 6.23 |  |
| Otros | 22.08 | 22.60 |  |
# Key Figures
| The  Performance  between  16.02.2016  to 18.01.2021 is derived from the historical perfor- | 1 month 3 months | YTD | 1 year | 3 years | 5 years | 3 years % p.a. | 5 years % p.a. | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| mance of Lombard Odier Funds – CAT Bonds, a | Fund	0.720.90 | 1.45 | 2.84 | 13.81 | - | 4.40 | - | 12.10 |
| UCITS, which has been merged into the Fund as |  |  |  |  |  |  |  |  |


## Yield to Maturity in %9.90

Translation (ENES, 2022-08-31):
# Cifras clave
## Rendimiento al vencimiento en %	9,90 Número de posiciones 
3)

## 69
# Risk overview - ex post
since 01.12.2013, in %
Annualized risk, in %
|  | 1 months | 3 months | 1 year | 3 years | 5 years | ITD |  |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | 2.12 | -0.19 | -8.82 | 0.93 | 0.18 | 2.04 |  | Portfolio volatility | 10.93 | 9.50 | 7.88 | 6.94 |
| Benchmark | 2.57 | 0.37 | -7.01 | 1.93 | 1.27 | 3.49 |  | Benchmark volatility | 10.32 | 9.42 | 7.77 | 6.85 |
| Relative net | -0.45 | -0.56 | -1.81 | -1.00 | -1.09 | -1.45 |  | Tracking error | 1.27 | 1.32 | 1.15 | 0.99 |

Translation (ENES, 2022-11-30):
# Resumen de riesgos – ex post
## desde 01.12.2013, en %

## Riesgo anualizado, en %

## 	periodo	

## Desde el

## 1 año	3 años	5 años	Desde el

## 	lanzamiento

## 1 meses  3 meses	1 año	3 años	5 años lanzamient

## Volatilidad de la

## 10.93	9.50	7.88	6.94

## 	ocartera	

## Cartera neta	2.12	-0.19	-8.82	0.93	0.18	2.04

## Volatilidad del índice

## 10.32	9.42	7.77	6.85

## Indice de

## 2.57	0.37	-7.01	1.93	1.27	3.49

## de referencia	

## referencia	

## Relativo neto	-0.45	-0.56	-1.81	-1.00	-1.09	-1.45

## Error de desviación	1.27	1.32	1.15	0.99
# Warning statements
Swinging Single Pricing	For more details, please refer to the relevant chapter “Net Asset Value” of the fund’s prospectus
Performance start date	Performance calculation and presentation start with the first full month of an invested strategy. This can lead to a difference in launch and performance start dates. The calculation of the risk indicator is based on the Committee of European Securities Regulators/10-673 Directive. The risk indicator is based on historic and partly
SRRI
simulated data; it cannot be used to predict future developments. The classification of the Fund may change in future and does not represent a guarantee. A
classification into category 1 is no risk-free investment either.

Translation (ENES, 2022-11-30):
# Declaraciones de advertencia
## Swinging Single Pricing	Para más información, por favor consulte el capítulo correspondiente, titulado ""Valor liquidativo"", del folleto del fondo

## Fecha de inicio del rendimiento

## SRRI
El rendimiento se empezará a calcular y presentar cuando se haya cumplido el primer mes de una estrategia de inversión. Esto puede generar una diferencia en las fechas de lanzamiento y de inicio del rendimiento.
El cálculo del indicador del riesgo se basa en la Directiva CESR/10-673. El indicador del riesgo se basa en datos históricos o parcialmente simulados y no se puede utilizar para predecir evoluciones futuras. La clasificación del fondo puede cambiar en el futuro y no representa ningún tipo de garantías. La clasificación en la categoría 1 no entraña una inversión libre de riesgos