# Performance & Risk
## Performance Evolution (USD)
|  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |
|  |  |  |  |  |  |
|  |  |  |  |  |  |
|  |  |  |  |  |  |
|  |  |  |  |  |  |
|  |  |  |  |  |  |

140
130
120
110
100
90
80
Number of Holdings	102	198

## Fund Profile
ESG Rating
ESG Relative Rating
CO2 Relative rating
29/11/19
30/05/20
30/11/20
30/05/21
30/11/21
30/05/22 30/11/22
Portfolio* (0.01%)	Benchmark (6.13%)
Data is rebased to 100 by AXA IM on the graph start date.
| Risk Analysis |  |
| --- | --- |
|  | 1Y | 3Y | 5Y | Launch |
| Portfolio Volatility* (%) | 12.19 | 11.26 | 9.42 | 8.32 |
| Benchmark Volatility (%) | 12.21 | 11.87 | 9.86 | 8.40 |
| Relative Risk/Tracking Error  (%) | 2.39 | 2.43 | 2.41 | 2.25 |
| Sharpe Ratio | -1.31 | 0.07 | 0.16 | 0.41 |
| Information Ratio | 0.20 | -0.20 | 0.14 | 0.54 |

Performance calculations are net of fees, based on the reinvestment of dividends. The benchmark, when there is one could be calculated on the basis of net or gross dividend. Please refer to the prospectus for more information.
% of AUM covered by ESG absolute rating: Portfolio = 97.5% Benchmark = 58.1% (not meaningful for coverage below 50%)
% of AUM covered by CO2 intensity indicator: Portfolio
= 50.8% Benchmark = 36.8% (not meaningful for coverage below 50%)

## Rolling Performance (%)
|  | 1M | 3M | 6M | YTD | 3Y | 5Y | 30/11/21 30/11/22 | 30/11/20 30/11/21 | 30/11/19 30/11/20 | 30/11/18 30/11/19 | 30/11/17 30/11/18 | Launch |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio* | 3.08 | -0.54 | -2.35 | -15.68 | 0.01 | 6.45 | -16.06 | 3.52 | 15.09 | 8.49 | -1.89 | 26.18 |
| Benchmark | 3.49 | 0.24 | -1.16 | -14.55 | 6.13 | 12.91 | -15.27 | 3.32 | 21.24 | 7.94 | -1.44 | 29.55 |
| Excess Return | -0.41 | -0.78 | -1.19 | -1.14 | -6.12 | -6.46 | -0.79 | 0.20 | -6.14 | 0.55 | -0.45 | -3.37 |

Annual Calendar Performance (%)
|  | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio* | -0.80 | 18.49 | 11.55 | -3.52 | 8.23 | 1.42 | 6.17 | - | - | - |
| Benchmark | -1.11 | 22.84 | 13.10 | -3.01 | 6.00 | 1.59 | 3.83 | - | - | - |
| Excess Return | 0.31 | -4.35 | -1.55 | -0.51 | 2.24 | -0.17 | 2.34 | - | - | - |

Past performance is not a reliable indicator of future results. Performance calculations are net of fees, based on the reinvestment of dividends. The benchmark, when there is one could be calculated on the basis of net or gross dividend. Please refer to the prospectus for more information.

Translation (ENIT, 2022-11-30):
# Performance e rischio
## Evoluzione della performance (USD)
Numero complessivo di titoli

## Profilo del fondo
102	198
|  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |
|  |  |  |  |  |  |
|  |  |  |  |  |  |
|  |  |  |  |  |  |
|  |  |  |  |  |  |
|  |  |  |  |  |  |

140
130
120
110
100
90
80
29/11/19
30/05/20
30/11/20
30/05/21
30/11/21
30/05/22 30/11/22
Rating ESG
Rating relativo ESG
Intensità relativa CO2
Portafoglio* (0.01%)	Benchmark (6.13%)
I dati sono calcolati su base 100 da AXA IM alla data di partenza indicata nel grafico.
I calcoli della performance sono al netto di commissioni e si basano sul reinvestimento dei dividendi. Il benchmark, ove presente, può essere calcolato sulla base del dividendo netto o lordo. Si rimanda al prospetto informativo per maggiori informazioni.
% di AUM coperta dal rating assoluto ESG: Portafoglio = 97.5% Benchmark = 58.1% (non significativo per copertura inferiore al 50%)
% di AUM coperta dall’indicatore di intensità CO2:
| Analisi del rischio |  |  |  |  | Portafoglio = 50.8% Benchmark = 36.8% (non significativo per copertura inferiore al 50%) |
| --- | --- | --- | --- | --- | --- |
|  | 1 anno | 3 anni | 5 anni | Lancio |  |
| Volatility del portafoglio* (%) | 12.19 | 11.26 | 9.42 | 8.32 |  |
| Volatility benchmark (%) | 12.21 | 11.87 | 9.86 | 8.40 |  |
| Relative Risk/Tracking Error  (%) | 2.39 | 2.43 | 2.41 | 2.25 |  |
| Sharpe Ratio | -1.31 | 0.07 | 0.16 | 0.41 |  |
| Information ratio | 0.20 | -0.20 | 0.14 | 0.54 |  |


## Performance rolling (%)
|  | 1 mese | 3 mesi | 6 mesi | YTD | 3 anni | 5 anni | 30/11/21 30/11/22 | 30/11/20 30/11/21 | 30/11/19 30/11/20 | 30/11/18 30/11/19 | 30/11/17 30/11/18 | Lancio |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portafoglio* | 3.08 | -0.54 | -2.35 | -15.68 | 0.01 | 6.45 | -16.06 | 3.52 | 15.09 | 8.49 | -1.89 | 26.18 |
| Benchmark | 3.49 | 0.24 | -1.16 | -14.55 | 6.13 | 12.91 | -15.27 | 3.32 | 21.24 | 7.94 | -1.44 | 29.55 |
| Differenze | -0.41 | -0.78 | -1.19 | -1.14 | -6.12 | -6.46 | -0.79 | 0.20 | -6.14 | 0.55 | -0.45 | -3.37 |

Performance annua (%)
|  | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portafoglio* | -0.80 | 18.49 | 11.55 | -3.52 | 8.23 | 1.42 | 6.17 | - | - | - |
| Benchmark | -1.11 | 22.84 | 13.10 | -3.01 | 6.00 | 1.59 | 3.83 | - | - | - |
| Differenze | 0.31 | -4.35 | -1.55 | -0.51 | 2.24 | -0.17 | 2.34 | - | - | - |

Le performance pregresse non costituiscono un indicatore affidabile dei risultati futuri. I calcoli della performance sono al netto di commissioni e si basano sul reinvestimento dei dividendi. Il benchmark, ove presente, può essere calcolato sulla base del dividendo netto o lordo. Si rimanda al prospetto informativo per maggiori informazioni.