| Security name | Currency | Qty No. or nominal | Actual value | % of net assets |
| --- | --- | --- | --- | --- |
| TOTAL JAPAN |  |  | 10,627,090.61 | 1.30 |
| NETHERLANDS |  |  |  |  |
| ABERTIS FINANCE BV 2.625% PERP | EUR | 1,000,000 | 995,595.21 | 0.12 |
| ABERTIS FINANCE BV 3.248% PERP | EUR | 1,500,000 | 1,570,535.67 | 0.20 |
| ADECCO INTL FINANCIAL 0.125% 21-09-28 | EUR | 2,500,000 | 2,432,861.47 | 0.30 |
| ADECCO INTL FINANCIAL 0.5% 21-09-31 | EUR | 3,000,000 | 2,901,850.07 | 0.36 |
| COOPERATIEVE RABOBANK UA 4.375% PERP | EUR | 7,000,000 | 7,724,298.08 | 0.95 |
| DE BAHN FIN 1.6% PERP | EUR | 5,000,000 | 5,028,095.89 | 0.61 |
| DEUTSCHE BAHN FINANCE 1.125% 29-05-51 | EUR | 2,000,000 | 1,984,777.40 | 0.24 |
| EASYJET FINCO BV 1.875% 03-03-28 | EUR | 5,000,000 | 5,107,252.74 | 0.62 |
| IBERDROLA INTL BV 2.25% PERP | EUR | 4,500,000 | 4,666,579.21 | 0.57 |
| ING GROEP NV 0.25% 18-02-29 | EUR | 2,800,000 | 2,734,386.99 | 0.33 |
| ING GROEP NV 3.875% PERP | USD | 1,250,000 | 1,047,327.50 | 0.13 |
| TELEFONICA EUROPE BV 3.0% PERP | EUR | 600,000 | 619,528.77 | 0.08 |
| TEVA PHARMACEUTICAL FINANCE II BV 3.75% 09-05-27 | EUR | 4,000,000 | 4,011,176.67 | 0.49 |
| VOLK INTE FINA NV 2.5% PERP | EUR | 2,000,000 | 2,050,056.03 | 0.25 |
| TOTAL NETHERLANDS |  |  | 42,874,321.70 | 5.25 |
| PORTUGAL |  |  |  |  |
| ENERGIAS DE PORTUGAL EDP 1.5% 14-03-82 | EUR | 2,300,000 | 2,230,086.30 | 0.27 |
| ENERGIAS DE PORTUGAL EDP 1,875% 14-03-82 | EUR | 1,000,000 | 957,003.42 | 0.12 |
| TOTAL PORTUGAL |  |  | 3,187,089.72 | 0.39 |
| UNITED KINGDOM |  |  |  |  |
| BARCLAYS 3.33% 24-11-42 | USD | 6,000,000 | 5,396,174.82 | 0.66 |
| CRED SUIS SA AG LONDON BRANCH 0.25% 01-09-28 | EUR | 4,000,000 | 3,883,224.66 | 0.48 |
| ITV 1.375% 26/09/26 | EUR | 7,200,000 | 7,418,859.29 | 0.91 |
| NATL GRID GAS 1.125% 14-01-33 | GBP | 2,600,000 | 2,790,004.32 | 0.34 |
| PRUDEN 5.25% PERP EMTN | USD | 10,000,000 | 8,954,376.25 | 1.09 |
| ROLLS ROYCE 1.625% 09-05-28 | EUR | 10,000,000 | 9,647,349.32 | 1.18 |
| ROYALTY PHARMA 2.15% 02-09-31 | USD | 2,000,000 | 1,697,258.37 | 0.21 |
| VODAFONE GROUP 3.0% 27-08-80 | EUR | 5,000,000 | 5,090,416.67 | 0.62 |
| VODAFONE GROUP 3.1% 03-01-79 | EUR | 2,500,000 | 2,578,337.33 | 0.32 |
| TOTAL UNITED KINGDOM |  |  | 47,456,001.03 | 5.81 |
| TOTAL Bonds and equivalent securities traded on a regulated or equivalent market |  |  | 440,158,244.93 | 53.91 |
| TOTAL Bonds and equivalent securities |  |  | 440,158,244.93 | 53.91 |
| Undertakings for collective investment |  |  |  |  |
| General UCITS and AIFs aimed at non- |  |  |  |  |
| professionals and equivalents from other countries |  |  |  |  |
| FRANCE |  |  |  |  |
| CANDRIAM DIVERSIFIED FUTURES I units | EUR | 200 | 2,452,310.00 | 0.31 |
| CANDRIAM MONETAIRE SICAV V units | EUR | 495 | 49,093,199.10 | 6.01 |
| TOTAL FRANCE |  |  | 51,545,509.10 | 6.32 |
| LUXEMBOURG |  |  |  |  |
| CANDRIAM BONDS CAPITAL SECURITIES I EUR ACC | EUR | 3,338 | 5,603,100.04 | 0.69 |
| CANDRIAM BONDS CAPITAL SECURITIES Z EUR ACC | EUR | 1,925 | 3,297,717.50 | 0.40 |
| CANDRIAM BONDS markets Z EUR ACC | EUR | 3,334 | 5,081,449.42 | 0.62 |
| CANDRIAM BONDS FLOATING RATE NOTES V EUR ACC | EUR | 7,400 | 11,103,700.00 | 1.36 |
| TOTAL LUXEMBOURG |  |  | 25,085,966.96 | 3.07 |

Translation (ENDE, 2021-12-31):
| Bezeichnung der Wertpapiere | Währung | Stückzahl/ Nennwert | Zeitwert | % Nettovermögen |
| --- | --- | --- | --- | --- |
| JAPAN INSGESAMT |  |  | 10 627 090,61 | 1,30 |
| NIEDERLANDE |  |  |  |  |
| ABERTIS FINANCE BV 2.625% PERP | EUR | 1 000 000 | 995 595,21 | 0,12 |
| ABERTIS FINANCE BV 3.248% PERP | EUR | 1 500 000 | 1 570 535,67 | 0,20 |
| ADECCO INTL FINANCIAL 0.125% 21-09-28 | EUR | 2 500 000 | 2 432 861,47 | 0,30 |
| ADECCO INTL FINANCIAL 0.5% 21-09-31 | EUR | 3 000 000 | 2 901 850,07 | 0,36 |
| COOPERATIEVE RABOBANK UA 4.375% PERP | EUR | 7 000 000 | 7 724 298,08 | 0,95 |
| DE BAHN FIN 1.6% PERP | EUR | 5 000 000 | 5 028 095,89 | 0,61 |
| DEUTSCHE BAHN FINANCE 1.125% 29-05-51 | EUR | 2 000 000 | 1 984 777,40 | 0,24 |
| EASYJET FINCO BV 1.875% 03-03-28 | EUR | 5 000 000 | 5 107 252,74 | 0,62 |
| IBERDROLA INTL BV 2.25% PERP | EUR | 4 500 000 | 4 666 579,21 | 0,57 |
| ING GROEP NV 0.25% 18-02-29 | EUR | 2 800 000 | 2 734 386,99 | 0,33 |
| ING GROEP NV 3.875% PERP | USD | 1 250 000 | 1 047 327,50 | 0,13 |
| TELEFONICA EUROPE BV 3.0% PERP | EUR | 600 000 | 619 528,77 | 0,08 |
| TEVA PHARMACEUTICAL FINANCE II BV 3.75% 09-05-27 | EUR | 4 000 000 | 4 011 176,67 | 0,49 |
| VOLK INTE FINA NV 2.5% PERP | EUR | 2 000 000 | 2 050 056,03 | 0,25 |
| NIEDERLANDE INSGESAMT |  |  | 42 874 321,70 | 5,25 |
| PORTUGAL |  |  |  |  |
| ENERGIAS DE PORTUGAL EDP 1,5% 14-03-82 | EUR | 2 300 000 | 2 230 086,30 | 0,27 |
| ENERGIAS DE PORTUGAL EDP 1.875% 14-03-82 | EUR | 1 000 000 | 957 003,42 | 0,12 |
| PORTUGAL INSGESAMT |  |  | 3 187 089,72 | 0,39 |
| GROSSBRITANNIEN |  |  |  |  |
| BARCLAYS 3.33% 24-11-42 | USD | 6 000 000 | 5 396 174,82 | 0,66 |
| CRED SUIS SA AG LONDON BRANCH 0.25% 01-09-28 | EUR | 4 000 000 | 3 883 224,66 | 0,48 |
| ITV 1.375% 26-09-26 | EUR | 7 200 000 | 7 418 859,29 | 0,91 |
| NATL GRID GAS 1.125% 14-01-33 | GBP | 2 600 000 | 2 790 004,32 | 0,34 |
| PRUDEN 5.25% PERP EMTN | USD | 10 000 000 | 8 954 376,25 | 1,09 |
| ROLLS ROYCE 1.625% 09-05-28 | EUR | 10 000 000 | 9 647 349,32 | 1,18 |
| ROYALTY PHARMA 2.15% 02-09-31 | USD | 2 000 000 | 1 697 258,37 | 0,21 |
| VODAFONE GROUP 3.0% 27-08-80 | EUR | 5 000 000 | 5 090 416,67 | 0,62 |
| VODAFONE GROUP 3.1% 03-01-79 | EUR | 2 500 000 | 2 578 337,33 | 0,32 |
| GROSSBRITANNIEN INSGESAMT |  |  | 47 456 001,03 | 5,81 |
| An einem geregelten Markt gehandelte Anleihen und ähnliche Wertpapiere INSGESAMT |  |  | 440 158 244,93 | 53,91 |
| INSGESAMT Anleihen und ähnliche Wertpapiere |  |  | 440 158 244,93 | 53,91 |
| Organismen für gemeinsame Anlagen |  |  |  |  |
| OGAW und AIF mit allgemeiner Zielsetzung, die sich an nicht institutionelle |  |  |  |  |
| Anleger und vergleichbare Fonds aus sonstigen Ländern richten |  |  |  |  |
| FRANKREICH |  |  |  |  |
| CANDRIAM DIVERSIFIED FUTURES – Anteilsklasse I | EUR | 200 | 2 452 310,00 | 0,31 |
| CANDRIAM MONETAIRE SICAV Anteile V | EUR | 495 | 49 093 199,10 | 6,01 |
| FRANKREICH INSGESAMT |  |  | 51 545 509,10 | 6,32 |
| LUXEMBURG |  |  |  |  |
| CANDRIAM BONDS CAPITAL SECURITIES I EUR ACC | EUR | 3 338 | 5 603 100,04 | 0,69 |
| CANDRIAM BONDS CAPITAL SECURITIES Z EUR ACC | EUR | 1 925 | 3 297 717,50 | 0,40 |
| CANDRIAM BONDS CREDIT ALPHA Z EUR ACC | EUR | 3 334 | 5 081 449,42 | 0,62 |
| CANDRIAM BONDS FLOATING RATE NOTES V EUR ACC | EUR | 7 400 | 11 103 700,00 | 1,36 |
| LUXEMBURG INSGESAMT |  |  | 25 085 966,96 | 3,07 |