# Ostrum Global Inflation Fund
## PORTFOLIO ANALYSIS AS OF 28/02/2023
Indexed bonds	90.5
Cash	9.5
Macaulay Duration	7.9	9.5
Duration	7.2	9.4
SHARE CLASS : R/A (EUR)	
FEES	
All-in-Fee	1.00%
Max. Sales Charge	2.50%
Max. Redemption Charge	-
Minimum Investment	1,000 EUR
Total
Off-balance sheet
100.0
Yield to call %	0.4	0.65

##### NAV (28/02/2023)
or equivalent

##### 131.27 EUR
RATING BREAKDOWN	Fund %	Index %
| IRS single currency |  |  | 0.1 |
| --- | --- | --- | --- |
| Bond futures |  |  | -30.0 |
| Total |  |  | -29.9 |
|  |  |  |  |
| TOP 10 HOLDINGS |  |  | Fund % |
| DBRI 0.500% 04-30 |  |  | 6.2 |
| TII 0.250% 01-25 |  |  | 6.0 |
| FRTR 0.250% 07-24 |  |  | 5.5 |
| TII 2.000% 01-26 |  |  | 4.9 |
| TII 3.625% 04-28	3.5 TII 0.375% 01-27	3.5 TII 0.500% 01-28	3.2 TII 0.625% 02-43	3.0 TII 0.125% 01-30	2.7 Total	38.5 Total number of holdings in portfolio	70 |

- 8.9	6.7AA+	42.3	50.7AA	30.9	30.6A+	3.9	3.0A	0.6	2.5
- 3.9	5.2NR	0.0	1.3Cash & cash equivalent	9.5	0.0WEIGHTED AVERAGE RATING FACTOR *S&P BreakdownEquivalent to a rating between	AA and AA-

| 1-3 Y | 19.5 | 19.6 | 0.4 | 0.4 |
| --- | --- | --- | --- | --- |
| 3-5 Y | 10.1 | 19.5 | 0.4 | 0.8 |
| 5-7 Y | 14.4 | 13.4 | 0.6 | 0.8 |
| 7-10 Y 10-15 Y >15 Y | 14.7 5.1 26.7 | 16.9 6.8 23.8 | 0.3 -0.6 6.1 | 1.4 0.8 5.4 |


###### * This method assigns a rating factor to each long-term rating (Logarithmic scale) Non-rated securities are
France	11.3	8.7	0.7	0.7
Italy	2.2	5.2	0.3	0.4
Germany	7.2	2.6	-0.2	0.3
Japan	3.9	3.0	0.0	0.1
|  | Mexico | 1.7 | - | 0.0 | - |
| --- | --- | --- | --- | --- | --- |
| Cash & cash equivalent | 9.5 | 0.0 | 0.0 |  | United Kingdom | 19.6 | 21.9 | 3.2 | 3.6 |
|  | Sweden | - | 0.7 | - | 0.0 |
| New Zealand | 0.4 | 0.5 | 0.0 | 0.0 |
| Canada | 0.9 | 1.7 | 0.2 | 0.2 |
| Denmark | - | 0.1 | - | 0.0 |
| Spain | 0.6 | 2.5 | 0.1 | 0.2 |
| United States | 42.3 | 52.0 | 3.5 | 3.7 |
| Cash & cash equivalent | 9.5 | - | 0.0 | - |

Australia	0.4	1.0	-0.7	0.1

###### The All-in fee represents the sum of Management fees and Administration fees. For further details, please refer to the definition at the end of the document.

### MANAGEMENT
Management Company

##### NATIXIS INVESTMENT MANAGERS SA
Investment Manager

##### OSTRUM ASSET MANAGEMENT
A responsible (1) European institutional investment management leader (2), Ostrum Asset Management supports its clients in their liability-driven investments, offering both asset management solutions and investment services.
| BREAKDOWN BY | Fund | Index | Fund Index | calculation. | excluded from the	 details; www.unpri.org |
| --- | --- | --- | --- | --- | --- |
| MATURITY | % |  | Duration |  | (2) IPE Top 500 Asset |

(1) Ostrum AM was one of the first French asset manager signatories to the PRI in 2008. More
Managers 2020 ranked Ostrum AM as the 77th largest asset manager, as at 12/31/2019. Any reference to a ranking, a rating or an award provides no guarantee for future performance.
Ostrum Asset Management, a subsidiary of Natixis Investment Managers S.A., is a French asset manager authorized by the Autorité des Marchés Financiers (Agreement No. GP90009) and licensed to provide investment management services in the EU.
Headquarters	Paris
Founded	1984
Assets Under Management (Billion)
Portfolio Managers

##### US $ 364.6 / € 374.5
(30/09/2022)

#### CONTRIBUTION TO MODIFIED DURATION BY ZONE	

###### In % of AuM
Abdel-Rani Guermat : began investment career in 2003; joined Ostrum Asset Management in 2003; has co-managed the Fund since 2016; ESLSCA.
SANSON Isabelle : started her career in a finance en 1985. She joined Ostrum AM in 2006 ; she is a certified engineer from the" Ecole des Mines" in Nancy and holds an MSc in geophysics from Stanford University. Isabelle is an Actuary and a member of the French Institute of Actuaries (Paris).
- Fund	
- 
- IndexSource: Natixis Investment Managers International unless otherwise indicatedDue to active management, portfolio characteristics are subject to change. References to specific securities or industries should not be considered a recommendation.


#### INFORMATION
Prospectus Enquiries

###### E-mail	ClientServicingAM@natixis.com

Translation (ENDE, 2023-02-28):
# Ostrum Global Inflation Fund
## PORTFOLIOSTRUKTUR ZUM 28/02/2023
FONDSMERKMALE	Fonds	Index
VERMÖGENSALLOKATION	Fonds %
Indexierte Anleihen	90,5
Liquidität	9,5
Duration	7,9	9,5
Sensitivität	7,2	9,4
Gesamt
außerbilanzielle Posten
100,0
Ertrag am Call %	0,4	0,65
| Zinsswaps mit einer Währung | 0,1 |
| --- | --- |
| Anleihenterminkontrakte | -30,0 |
| Gesamt | -29,9 |
|  |  |
| TOP 10 | Fonds % |
| DBRI 0.500% 04-30 | 6,2 |
| TII 0.250% 01-25 | 6,0 |
| FRTR 0.250% 07-24 | 5,5 |
| TII 2.000% 01-26 | 4,9 |
| TII 3.625% 04-28 | 3,5 |
| TII 0.375% 01-27 | 3,5 |
| TII 0.500% 01-28 | 3,2 |
| TII 0.625% 02-43 | 3,0 |
| TII 0.125% 01-30 | 2,7 |
| Gesamt | 38,5 |
| Anzahl der Positionen im Portfolio | 70 |


##### AAA	8,9	6,7

##### AA+	42,3	50,7

##### AA	30,9	30,6

##### A+	3,9	3,0

##### A	0,6	2,5

##### BBB	3,9	5,2

##### NR	0,0	1,3

##### Liquidität & Sonstige	9,5	0,0
Nomenklatur S&P
GEWICHTETER DURCHSCHNITT DES RATING- KOEFFIZIENTEN *
1-3 jahre	19,5 19,6	0,4	0,4
Entspricht einem Rating zwischen	AA und AA-
| 3-5 jahre | 10,1 | 19,5 | 0,4 | 0,8 |  |
| --- | --- | --- | --- | --- | --- |
| 5-7 jahre | 14,4 | 13,4 | 0,6 | 0,8 | LÄNDERAUFTEILUNG	Fonds Index Fonds Index |
| 7-10 jahre | 14,7 | 16,9 | 0,3 | 1,4 | %	Sensitivität Frankreich	11,3	8,7	0,7	0,7 |


##### * Gemäß dieser Methode wird jedem langfristigen Rating ein Rating-Koeffizient zugewiesen (logarithmische Skala) nicht an der Börse notierte Wertpapiere werden bei der Berechnung nicht berücksichtigt.
10-15 jahre	5,1	6,8	-0,6	0,8
>15 jahre	26,7 23,8	6,1	5,4
Liquidität & Sonstige	9,5	0,0	0,0
Italien	2,2	5,2	0,3	0,4
Deutschland	7,2	2,6	-0,2	0,3
Japan	3,9	3,0	0,0	0,1
Australien	0,4	1,0	-0,7	0,1
| Mexiko Großbritannien | 1,7 19,6 | - 21,9 | 0,0 3,2 | - 3,6 | Verwaltetes Vermögen (Milliarden) | US $ 364.6 / € 374.5 (30/09/2022) |
| --- | --- | --- | --- | --- | --- | --- |
| Schweden | - | 0,7 | - | 0,0 |  |
| Neuseeland | 0,4 | 0,5 | 0,0 | 0,0 | Portfoliomanager |
| Kanada | 0,9 | 1,7 | 0,2 | 0,2 | Abdel-Rani Guermat: begann seine Laufbahn im |
| Danemark | - | 0,1 | - | 0,0 | Investmentbereich im Jahr 2003; seit 2003 auch bei |
| Spanien | 0,6 | 2,5 | 0,1 | 0,2 | Ostrum Asset Management; Mitverwalter des |
| USA | 42,3 | 52,0 | 3,5 | 3,7 | Fonds seit 2016; ESLSCA Business School. |
| Liquidität & Sonstige | 9,5 | - | 0,0 | - |  |


#### BEITRAG ZUR DURATION NACH REGION	

##### in % des Nettovermögens
- Fonds	
- 
- IndexDatenquelle: Natixis Investment Managers International soweit nicht anders angegebenAufgrund des aktiven Verwaltungsstils können die Merkmale des Portfolios sich ändern. Der Verweis auf bestimmte Wertpapiere oder Branchen sollte nicht als Empfehlung angesehen werden