| TOP 10 COUNTRIES (%) |  |  |  | CREDIT QUALITY 2  (%) |  |  |  | SECTOR ALLOCATION (%) |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Country | Fund | Benchmark |  | Rating | Fund | Benchmark |  | Sector | Fund | Benchmark |
| United States | 39.0 | 37.9 |  | AAA | 17.1 | 38.3 |  | IG Corporates | 24.6 | 19.1 |
| United Kingdom | 8.6 | 5.0 |  | AA | 7.4 | 14.4 |  | Emerging Markets | 22.5 | 14.3 |
| Italy | 5.1 | 3.2 |  | A | 19.3 | 27.4 |  | ABS | 14.0 | 0.1 |
| European Union | 5.0 | 0.0 |  | BBB | 35.3 | 15.4 |  | High Yield | 9.9 | 0.1 |
| France | 4.1 | 5.4 |  | BB | 11.3 | 0.0 |  | Non US Government | 8.8 | 30.5 |
| Spain | 3.4 | 2.3 |  | B | 7.2 | 0.0 |  | Non-US Govt Related | 6.5 | 7.8 |
| Greece | 2.7 | 0.0 |  | CC | 1.2 | 0.0 |  | CMBS | 4.8 | 0.8 |
| Indonesia | 2.0 | 0.6 |  | Not Rated | -0.4 | 4.6 |  | Non-Agency MBS | 4.2 | 0.0 |
| Germany | 1.8 | 4.8 |  | Cash/Equiv | 1.6 | — |  | US Government | 3.9 | 15.4 |
| Portugal | 1.7 | 0.3 |  |  |  |  |  | Bank Loan | 0.6 | 0.0 |
|  |  |  |  |  |  |  |  | Mortgages | 0.2 | 10.8 |
|  |  |  |  |  |  |  |  | Agencies | 0.0 | 0.5 |
|  |  |  |  |  |  |  |  | Municipals | 0.0 | 0.4 |
|  |  |  |  |  |  |  |  | Swaps | -1.5 | 0.0 |
|  |  |  |  |  |  |  |  | Cash/Equiv | 1.6 | — |
| REGIONAL ALLOCATION 1  (%) |  |  |  | CURRENCY ALLOCATION (%) | (USD) |  |  |
| Region | Fund | Benchmark |  | Currency | Share Class | Benchmark |  |
| Dollar Bloc | 41.0 | 43.2 |  | USD | 100.7 | 100.0 |  |
| Europe | 41.0 | 28.1 |  | Yen | 0.0 | 0.0 |  |
| Asia | 7.2 | 24.7 |  | Other Developed | -0.1 | 0.0 |  |
| Latin America | 5.5 | 1.0 |  | EUR | -0.1 | 0.0 |  |
| Middle East | 3.4 | 0.8 |  | Emerging Markets | -0.4 | 0.0 |  |
| Africa | 0.2 | 0.0 |  |  |  |  |  |
| Supranational | 0.2 | 2.2 |  |  |  |  |  |
| Cash/Equiv | 1.6 | — |  |  |  |  |  |

Translation (ENDE, 2022-01-31):
| TOP-10-LÄNDER (%) |  |  |  | BONITÄT 2  (%) |  |  |  | SEKTORALLOKATION (%) |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Land | Fonds | Benchmark |  | Rating | Fonds | Benchmark |  | Sektor | Fonds | Benchmark |
| USA Vereinigtes Königreich | 39,0 8,6 | 37,9 5,0 |  | AAA AA | 17,1 7,4 | 38,3 14,4 |  | Unternehmensanleihen mit Investment-Grade-Rating | 24,6 | 19,1 |
| Italien | 5,1 | 3,2 | A | 19,3 | 27,4 | Schwellenmärkte | 22,5 | 14,3 |
| Europäische Union | 5,0 | 0,0 | BBB | 35,3 | 15,4 | ABS | 14,0 | 0,1 |
| Frankreich | 4,1 | 5,4 | BB | 11,3 | 0,0 | High Yield | 9,9 | 0,1 |
| Spanien | 3,4 | 2,3 | B | 7,2 | 0,0 | Staatsanleihen außer USA | 8,8 | 30,5 |
| Griechenland | 2,7 | 0,0 | CC | 1,2 | 0,0 | Staatsnahe Anleihen ex USA | 6,5 | 7,8 |
| Indonesien | 2,0 | 0,6 | Ohne Rating | -0,4 | 4,6 | CMBS | 4,8 | 0,8 |
| Deutschland | 1,8 | 4,8 | Barmittel/Äquiv. | 1,6 | — | Non-Agency MBS | 4,2 | 0,0 |
| Portugal | 1,7 | 0,3 |  |  |  | US-Staatsanleihen | 3,9 | 15,4 |
|  |  |  |  |  |  | Bankdarlehen | 0,6 | 0,0 |
|  |  |  |  |  |  | Hypotheken | 0,2 | 10,8 |
|  |  |  |  |  |  | Behörden | 0,0 | 0,5 |
|  |  |  |  |  |  | Kommunalobligationen | 0,0 | 0,4 |
|  |  |  |  |  |  | Swaps | -1,5 | 0,0 |
|  |  |  |  |  |  | Barmittel/Äquiv. | 1,6 | — |
| REGIONALE ALLOKATION 1  (%) |  |  |  | WÄHRUNGSALLOKATION (%) | (USD) |  |  |
| Region | Fonds | Benchmark |  | Währung | Anteilsklasse | Benchmark |  |
| Dollar-Länder | 41,0 | 43,2 |  | USD | 100,7 | 100,0 |  |
| Europa | 41,0 | 28,1 |  | Yen | 0,0 | 0,0 |  |
| Asien | 7,2 | 24,7 |  | Sonstige Industrieländer | -0,1 | 0,0 |  |
| Lateinamerika | 5,5 | 1,0 |  | EUR | -0,1 | 0,0 |  |
| Naher Osten | 3,4 | 0,8 |  | Schwellenmärkte | -0,4 | 0,0 |  |
| Afrika | 0,2 | 0,0 |  |  |  |  |  |
| Supranational | 0,2 | 2,2 |  |  |  |  |  |
| Zahlungsmittel/Äquiv. | 1,6 | — |  |  |  |  |  |