# Analyse du portefeuille
20.56%
19.49%
18.44%
22.30%
16.12%
12.51%
11.56%

## Exposition sectorielle
24%
20%
16%
12%
8%
4%
0%
Conso. cycl.
10.78%
8.84%
Industrie	Technologie	Conso.
Base
9.88%
8.52%
6.90%
5.42%
2.86%
4.92%
7.47%
4.38%
5.13%
0.96%
1.19%
0.01%
1.74%
Finance	Matériaux	Immobilier	Santé	Télécom.	Energie	Serv. aux
collect.
Portefeuille	Indicateur de performance*
| Les principales valeurs |  |
| --- | --- |
| Action |  | Pondération | Secteur | Pays émetteur |
|  | Portefeuille | Indicateur de performance* |  |  |
| Toyota Motor Corp | 4.52% | 3.40% | Conso. cycl. | Japon |
| KDDI Corp | 2.11% | 1.03% | Télécom. | Japon |
| Sony Corp | 2.03% | 1.72% | Conso. cycl. | Japon |
| Mitsubishi Corp | 1.99% | 0.88% | Industrie | Japon |
| Canon Inc | 1.93% | 0.77% | Technologie | Japon |
| Central Japan Railway Co | 1.89% | 0.81% | Industrie | Japon |
| Astellas Pharma Inc | 1.84% | 0.75% | Santé | Japon |
| Takeda Pharmaceutical Co Ltd | 1.83% | 0.69% | Santé | Japon |
| Hitachi Ltd | 1.83% | 0.70% | Technologie | Japon |
| ITOCHU Corp | 1.75% | 0.57% | Industrie | Japon |
| Nombre de lignes | 199 |  |  |  |
| % Liquidités | 0.58% |  |  |  |


## 5 principales surpondérations	5 principales sous-pondérations
| Surpondérations	Portefeuille Indicateur de performance* |  | Sous-pondérations	Portefeuille Indicateur de performance* |
| --- | --- | --- |
| Canon Inc | 1.93% | 0.77% |  | Keyence Corp | 0.45% | 1.25% |
| ITOCHU Corp | 1.75% | 0.57% |  | Nintendo Co Ltd | 0.19% | 1.00% |
| ORIX Corp | 1.62% | 0.47% |  | Recruit Holdings Co Ltd | 0.17% | 1.01% |
| Rohm Co Ltd | 1.35% | 0.18% |  | Nidec Corp | 0.00% | 0.78% |
| Aisin Seiki Co Ltd | 1.32% | 0.17% |  | Kao Corp | 0.00% | 0.86% |

* Indicateur de performance : se référer à la rubrique Indicateur de performance spécifiée en dernière rubrique
Source(s) : AXA Investment Managers - GICS au 31/08/2018

Translation (FRES, 2018-08-31):
# Análisis de la cartera
## Exposición sectorial
20.56%
19.49%
18.44%
22.30%
16.12%
12.51%
10.78%
11.56%
40%
8.84%
9.88%
8.52%
6.90%
5.42%
2.86%
4.92%
7.47%
4.38%
5.13%
0.96%
1.19%
0.01%
1.74%
20%
Cons. Disc.
Industria
Info. Tecno.
Cons. Básico
Finanzas
Materiales
Inmobiliario
Aten. Sanit.
Telecomunicaciones
Energía
Servicios Públicos
0%
Cartera	Indicador de rentabilidad*
| Valores principales |  |
| --- | --- |
| Compañía |  | Ponderación | Sector | País emisor |
|  | Cartera | Indicador de rentabilidad* |  |  |
| Toyota Motor Corp | 4.52% | 3.40% | Cons. Disc. | Japón |
| KDDI Corp | 2.11% | 1.03% | Telecomunicaciones | Japón |
| Sony Corp | 2.03% | 1.72% | Cons. Disc. | Japón |
| Mitsubishi Corp | 1.99% | 0.88% | Industria | Japón |
| Canon Inc | 1.93% | 0.77% | Info. Tecno. | Japón |
| Central Japan Railway Co | 1.89% | 0.81% | Industria | Japón |
| Astellas Pharma Inc | 1.84% | 0.75% | Aten. Sanit. | Japón |
| Takeda Pharmaceutical Co Ltd | 1.83% | 0.69% | Aten. Sanit. | Japón |
| Hitachi Ltd | 1.83% | 0.70% | Info. Tecno. | Japón |
| ITOCHU Corp | 1.75% | 0.57% | Industria | Japón |
| Número de líneas | 199 |  |  |  |
| % Liquidez | 0.58% |  |  |  |

| Top 5 sobreponderaciones |  |  |  | Top 5 infraponderaciones |  |
| --- | --- | --- | --- | --- | --- |
| Sobreponderaciones | Cartera Indicador | de rentabilidad* |  | Infraponderaciones | Cartera Indicador | de rentabilidad* |
| Canon Inc | 1.93% | 0.77% |  | Keyence Corp | 0.45% | 1.25% |
| ITOCHU Corp | 1.75% | 0.57% |  | Nintendo Co Ltd | 0.19% | 1.00% |
| ORIX Corp | 1.62% | 0.47% |  | Recruit Holdings Co Ltd | 0.17% | 1.01% |
| Rohm Co Ltd | 1.35% | 0.18% |  | Nidec Corp | 0.00% | 0.78% |
| Aisin Seiki Co Ltd | 1.32% | 0.17% |  | Kao Corp | 0.00% | 0.86% |

* Indicador de rentabilidad : Consulte por favor la sección del Indicador de rentabilidad, en la parte del documento de características/aviso legal
Fuente(s) : AXA Investment Managers - GICS a 31/08/2018