OVHaiLLM/Flipper huggingface dataset:
| Top 10 positions |  |
| --- | --- |
| In % of total economic exposure Instrument Name | ISIN | Maturity date | Weight |
| ELECTRICITE DE FRANCE SA | FR0013534518 | 14.09.2024 | 4.50% |
| PIONEER NATURAL RESOURCES COMPANY | US723787AP23 | 15.05.2025 | 4.23% |
| AMERICA MOVIL BV | XS2308171383 | 02.03.2024 | 4.10% |
| SOUTHWEST AIRLINES CO | US844741BG22 | 01.05.2025 | 3.68% |
| SIKA AG | CH0413990240 | 05.06.2025 | 3.64% |
| NIPPON STEEL CORPORATION | XS2387597573 | 05.10.2026 | 3.58% |
| MEITUAN | XS2333569056 | 27.04.2028 | 3.25% |
| TOTAL SA | XS1327914062 | 02.12.2022 | 2.67% |
| STMICROELECTRONICS NV | XS2211997239 | 04.08.2027 | 2.09% |
| DICKS SPORTING INC | US2533931026 |  | 2.07% |
|  |  |  |  |
| Top 10 issuers |  |  |  |
| In % of total economic exposure |  |  |  |
| Issuer name |  |  | Weight |
| PIONEER NAT RES CO |  |  | 4.85 |
| ELECTRICITE DE FRANCE SA |  |  | 4.50 |
| NIPPON STEEL CORPORATION |  |  | 4.32 |
| AMERICA MOVIL BV |  |  | 4.10 |
| SOUTHWEST AIRLINES CO |  |  | 3.68 |
| SIKA AG |  |  | 3.64 |
| MEITUAN |  |  | 3.25 |
| TOTALENERGIES SE |  |  | 2.67 |
| SAFRAN SA |  |  | 2.53 |
| JPMORGAN CHASE FINANCIAL COMPANY LLC |  |  | 2.24 |

Translation (ENDE, 2022-08-31):
| 10 grösste Positionen |  |
| --- | --- |
| in % des Exposures Wertschriftenname | ISIN | Fälligkeitstag | Gewichtung |
| ELECTRICITE DE FRANCE SA | FR0013534518 | 14.09.2024 | 4.50% |
| PIONEER NATURAL RESOURCES COMPANY | US723787AP23 | 15.05.2025 | 4.23% |
| AMERICA MOVIL BV | XS2308171383 | 02.03.2024 | 4.10% |
| SOUTHWEST AIRLINES CO | US844741BG22 | 01.05.2025 | 3.68% |
| SIKA AG | CH0413990240 | 05.06.2025 | 3.64% |
| NIPPON STEEL CORPORATION | XS2387597573 | 05.10.2026 | 3.58% |
| MEITUAN | XS2333569056 | 27.04.2028 | 3.25% |
| TOTAL SA | XS1327914062 | 02.12.2022 | 2.67% |
| STMICROELECTRONICS NV | XS2211997239 | 04.08.2027 | 2.09% |
| DICKS SPORTING INC | US2533931026 |  | 2.07% |
|  |  |  |  |
| 10 grösste Emittenten |  |  |  |
| in % des Exposures |  |  |  |
| Bezeichnung Emittent |  |  | Gewichtung |
| PIONEER NAT RES CO |  |  | 4.85 |
| ELECTRICITE DE FRANCE SA |  |  | 4.50 |
| NIPPON STEEL CORPORATION |  |  | 4.32 |
| AMERICA MOVIL BV |  |  | 4.10 |
| SOUTHWEST AIRLINES CO |  |  | 3.68 |
| SIKA AG |  |  | 3.64 |
| MEITUAN |  |  | 3.25 |
| TOTALENERGIES SE |  |  | 2.67 |
| SAFRAN SA |  |  | 2.53 |
| JPMORGAN CHASE FINANCIAL COMPANY LLC |  |  | 2.24 |
# Risk overview - ex post
## since 01.09.2011, in %

## Annualized risk, in %
|  | 1 months | 3 months | 1 year | 3 years | 5 years | ITD |  |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | 1.70 | -3.21 | -26.80 | -5.84 | -2.15 | 2.02 |  | Portfolio volatility | 9.79 | 13.07 | 10.52 | 8.54 |
| Benchmark | 0.18 | -1.87 | -13.99 | -1.05 | 1.14 | 3.57 |  | Benchmark volatility | 5.78 | 9.15 | 7.38 | 6.77 |
| Relative net | 1.52 | -1.34 | -12.80 | -4.79 | -3.29 | -1.55 |  | Tracking error | 4.76 | 4.55 | 3.68 | 2.86 |

Translation (ENDE, 2022-08-31):
# Risiko-Übersicht – ex post
## Seit 01.09.2011, in %

## Annualisiertes Risiko, in %
|  | 1 Monate | 3 Monate | 1 Jahr | 3 Jahre | 5 Jahre | ITD |  |  | 1 Jahr | 3 Jahre | 5 Jahre | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | 1.70 | -3.21 | -26.80 | -5.84 | -2.15 | 2.02 |  | Portfoliovolatilität | 9.79 | 13.07 | 10.52 | 8.54 |
| Benchmark | 0.18 | -1.87 | -13.99 | -1.05 | 1.14 | 3.57 |  | Benchmarkvolatilität | 5.78 | 9.15 | 7.38 | 6.77 |
| Relativ netto | 1.52 | -1.34 | -12.80 | -4.79 | -3.29 | -1.55 |  | Tracking Error | 4.76 | 4.55 | 3.68 | 2.86 |
# Key risk figures
## Portfolio	Benchmark

## Modified duration	4.39	4.42

## Yield to Maturity / Yield to Worst	8.96% / 9.01%	7.13% / 7.24%

## Average maturity in years	6.27	6.51

## Linear weighted average credit rating	BB	BBB-

## Number of securities	254	1'979

Translation (ENDE, 2022-08-31):
# Risikokennzahlen
## Portfolio	Benchmark

## Modified Duration	4.39	4.42

## Rendite auf Verfall / Yield-to-worst	8.96% / 9.01%	7.13% / 7.24%

## WAL-to-worst in Jahren	6.27	6.51

## Linear gewichtetes durchschnittliches Bonitätsrating		BB	 BBB- Anzahl Titel	254	1'979
# Key risk figures
Portfolio
Modified duration	0.18
Yield to worst	10.14%
Average maturity in years	0.73
Linear weighted average credit rating	BBB-
Number of securities	147
1 
If the currency of a financial product and/or its costs is different from your reference currency, the return and cost may increase or decrease as a result of currency fluctuations.

Translation (ENDE, 2022-08-31):
# Risikokennzahlen
Portfolio
Modified Duration	0.18
Yield to worst	10.14%
WAL-to-worst in Jahren	0.73
Linear gewichtetes durchschnittliches Bonitätsrating	BBB-
Anzahl Titel	147
# Asset breakdown - by rating bucket
In % of total economic exposure
in %	
Portfolio 
| AA	6.24 |  |  |
| --- | --- | --- |
| A	22.37 |  |  |
| BBB	38.59 |  |  |
| BB	16.52 |  |  |
| B	7.59 |  |  |
| CCC	3.87 |  |  |
| CC	1.30 |  |
| C	1.16 |  |
| D	2.63 |  |  |
| Cash & FX	-1.38 |  |
| Others	1.10 |  |

°: Swaps

Translation (ENDE, 2022-08-31):
# Vermögensstruktur - nach Rating-Bucket
in % des Exposures
in %	
Portfolio 
| AA	6.24 |  |  |
| --- | --- | --- |
| A	22.37 |  |  |
| BBB	38.59 |  |  |
| BB	16.52 |  |  |
| B	7.59 |  |  |
| CCC	3.87 |  |  |
| CC	1.30 |  |
| C	1.16 |  |
| D	2.63 |  |  |
| Cash und FX	-1.38 |  |
| Rest	1.10 |  |

°: Swaps
| Fund information Convertibles |
| --- |
| 1'256'836'957 Fund total net assets in USD |
| Share class TNA, EUR 24'682'538 | Share class NAV, EUR 121.83 | Management fee p.a. 1 1.20% |
| MTD (net) return -0.34% Bench. 0.07% | QTD (net) return 3.99% Bench. 3.99% | YTD (net) return -9.78% Bench. -8.48% |

Translation (ENDE, 2022-08-31):
| Informationen zum Produkt Convertibles |
| --- |
| 1'256'836'957 Gesamtnettovermögen des Fonds in USD |
| Gesamtnettovermögen der Anteilsklasse, EUR 24'682'538 | NAV der Anteilsklasse, EUR 121.83 | Management Fees p.a. 1 1.20% |
| Rendite (netto) MTD -0.34% Bench. 0.07% | Rendite (netto) QTD 3.99% Bench. 3.99% | Rendite (netto) YTD -9.78% Bench. -8.48% |
# Asset breakdown by instrument currency
In % of total economic exposure
Benchmark 
Portfolio Benchmark	
Portfolio 
| USD | 68.11 | 68.02 |  |
| --- | --- | --- | --- |
| EUR | 22.89 | 23.00 |  |
| GBP | 4.04 | 3.98 |  |
| CAD | 3.40 | 3.35 |  |
| JPY | 0.76 | 0.74 |  |
| Others | 0.81 | 0.91 |  |

Translation (ENDE, 2023-02-28):
# Vermögensstruktur nach Instrument-Währung
In % des Exposures
Benchmark 
Portfolio Benchmark	
Portfolio 
| USD | 68.11 | 68.02 |  |
| --- | --- | --- | --- |
| EUR | 22.89 | 23.00 |  |
| GBP | 4.04 | 3.98 |  |
| CAD | 3.40 | 3.35 |  |
| JPY | 0.76 | 0.74 |  |
| Rest | 0.81 | 0.91 |  |
# Asset breakdown by Barclays rating
In % of total economic exposure
Benchmark 
Portfolio Benchmark	
Portfolio 
| AAA | 1.30 | 0.93 |  |
| --- | --- | --- | --- |
| AA+ | 0.98 | 0.98 |  |
| AA | 1.46 | 1.38 |  |
| AA- | 5.22 | 5.02 |  |
| A+ | 10.16 | 10.60 |  |
| A | 12.09 | 13.49 |  |
| A- | 17.98 | 17.31 |  |
| BBB+ | 19.21 | 18.62 |  |
| BBB | 18.88 | 18.98 |  |
| Others | 12.72 | 12.69 |  |

Translation (ENDE, 2023-02-28):
# Vermögensstruktur nach Barclays Rating
In % des Exposures
Benchmark 
Portfolio Benchmark	
Portfolio 
| AAA | 1.30 | 0.93 |  |
| --- | --- | --- | --- |
| AA+ | 0.98 | 0.98 |  |
| AA | 1.46 | 1.38 |  |
| AA- | 5.22 | 5.02 |  |
| A+ | 10.16 | 10.60 |  |
| A | 12.09 | 13.49 |  |
| A- | 17.98 | 17.31 |  |
| BBB+ | 19.21 | 18.62 |  |
| BBB | 18.88 | 18.98 |  |
| Rest | 12.72 | 12.69 |  |
# Asset breakdown by Barclays Four Pillar Sectors
In % of total economic exposure
Benchmark 
Portfolio Benchmark	
Portfolio 
| Industrials | 50.70 | 51.56 |  |
| --- | --- | --- | --- |
| Financial Institutions | 40.28 | 40.00 |  |  |
|  |
|  |
| Utility | 8.86 | 8.43 |  |
| Cash | 0.12 | - |  |
| ABS | 0.04 | 0.01 |  |

| United States | 53.47 | 52.58 |  |
| --- | --- | --- | --- |
| United Kingdom | 8.48 | 8.14 |  |
| Germany | 6.55 | 4.73 |  |
| France | 5.77 | 6.19 |  |
| Canada | 5.31 | 5.33 |  |
| Others | 20.43 | 23.03 |  |

Translation (ENDE, 2023-02-28):
# Vermögensstruktur nach Barclays Sektor
In % des Exposures
Benchmark 
Portfolio Benchmark	
Portfolio 
| Industrie | 50.70 | 51.56 |  |
| --- | --- | --- | --- |
| Finanzinstitute | 40.28 | 40.00 |  |
| Versorger | 8.86 | 8.43 |  |
| Liquidität | 0.12 | - |  |
| ABS | 0.04 | 0.01 |  |

Benchmark 
Portfolio Benchmark	
Portfolio 
| USA | 53.47 | 52.58 |  |
| --- | --- | --- | --- |
| Grossbritannien | 8.48 | 8.14 |  |
| Deutschland | 6.55 | 4.73 |  |
| Frankreich | 5.77 | 6.19 |  |
| Kanada | 5.31 | 5.33 |  |
| Rest | 20.43 | 23.03 |  |
|  | 1 months | 3 months | 1 year | 3 years | 5 years | ITD |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | -0.91 | -2.06 | -6.35 | -2.85 | n/a | 1.97 |  | 8.58 | 7.94 | n/a | 7.01 |
| Benchmark | -0.88 | -2.06 | -6.46 | -2.99 | n/a | 1.89 |  | 8.45 | 7.83 | n/a | 6.95 |
| Relative net | -0.03 | -0.01 | 0.10 | 0.14 | n/a | 0.07 |  | 0.21 | 0.19 | n/a | 0.18 |

Translation (ENDE, 2023-02-28):
|  | 1 Monate | 3 Monate | 1 Jahr | 3 Jahre | 5 Jahre | ITD |  | 1 Jahr | 3 Jahre | 5 Jahre | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | -0.91 | -2.06 | -6.35 | -2.85 | n.a. | 1.97 |  | 8.58 | 7.94 | n.a. | 7.01 |
| Benchmark | -0.88 | -2.06 | -6.46 | -2.99 | n.a. | 1.89 |  | 8.45 | 7.83 | n.a. | 6.95 |
| Relativ netto | -0.03 | -0.01 | 0.10 | 0.14 | n.a. | 0.07 |  | 0.21 | 0.19 | n.a. | 0.18 |
# Risk overview - ex post
since 01.01.2014, in %
Annualized risk, in %
|  | 1 months | 3 months | 1 year | 3 years | 5 years | ITD |  |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | -0.35 | -8.27 | 23.25 | 14.90 | 5.40 | -2.57 |  | Portfolio volatility | 19.78 | 17.34 | 14.77 | 14.05 |
| Benchmark | -0.16 | -7.47 | 26.06 | 15.01 | 6.21 | -1.77 |  | Benchmark volatility | 20.60 | 18.00 | 15.30 | 14.60 |
| Relative net | -0.19 | -0.80 | -2.81 | -0.11 | -0.81 | -0.80 |  | Tracking error | 1.55 | 1.35 | 1.41 | 1.40 |

Translation (ENDE, 2022-08-31):
# Risiko-Übersicht – ex post
## Seit 01.01.2014, in %

## Annualisiertes Risiko, in %
|  | 1 Monate | 3 Monate | 1 Jahr | 3 Jahre | 5 Jahre | ITD |  |  | 1 Jahr | 3 Jahre | 5 Jahre | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | -0.35 | -8.27 | 23.25 | 14.90 | 5.40 | -2.57 |  | Portfoliovolatilität | 19.78 | 17.34 | 14.77 | 14.05 |
| Benchmark | -0.16 | -7.47 | 26.06 | 15.01 | 6.21 | -1.77 |  | Benchmarkvolatilität | 20.60 | 18.00 | 15.30 | 14.60 |
| Relativ netto | -0.19 | -0.80 | -2.81 | -0.11 | -0.81 | -0.80 |  | Tracking Error | 1.55 | 1.35 | 1.41 | 1.40 |

1 

## Wenn die Währung eines Finanzprodukts und/oder dessen Kosten von Ihrer Referenzwährung abweichen, können die Rendite und die Kosten aufgrund von Währungsschwankungen steigen oder sinken.
| Seit 01.01.2014, in % 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto	-18.19 | -26.94 | 7.50 | -1.57 | -15.73 | 2.87 | -2.99 | 25.36 | 19.68 |
| Portfolio netto inkl. max.	-22.09 | -26.94 | 7.50 | -1.57 | -15.73 | 2.87 | -2.99 | 25.36 | 19.68 |
| Benchmark	-18.02 | -26.25 | 9.37 | -0.61 | -14.03 | 3.97 | -5.16 | 25.41 | 22.59 |
| Relativ netto	-0.17 | -0.70 | -1.87 | -0.96 | -1.70 | -1.10 | 2.17 | -0.05 | -2.90 |
| Die genannten Beträge verstehen sich nach Abzug des für den Anleger maximal anfallenden Ausgabeaufschlags in Höhe von 5% im ersten Anlagejahr. |
# Performance overview
## since 01.12.2019, in %

## Annualized risk, in %
|  | 1 month(s) | 3 month(s) | 1 year | 3 years | 5 years | ITD |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | -5.13 | -3.83 | -10.44 | n/a | n/a | -3.91 |  | 8.24 | n/a | n/a | 12.16 |
| Benchmark | -5.00 | -3.53 | -9.96 | n/a | n/a | -3.31 |  | 8.28 | n/a | n/a | 12.33 |
| Relative net | -0.13 | -0.31 | -0.48 | n/a | n/a | -0.60 |  | 0.36 | n/a | n/a | 0.36 |
|  |  |  |  |  |  |  |  |  |  |  |  |
| Performance overview - yearly* since 01.12.2019, in % | 2019 | 2020 | 2021 | 2022 | ITD |
| Portfolio net | 4.04 | 1.92 | -9.17 | -5.08 | -8.58 |
| Benchmark | 4.13 | 2.69 | -8.75 | -5.01 | -7.30 |
| Relative net | -0.09 | -0.78 | -0.42 | -0.08 | -1.28 |

Translation (ENDE, 2022-02-28):
# Performance-Übersicht
## Seit 01.12.2019, in %

## Annualisiertes Risiko, in %
|  | 1 Monat(e) | 3 Monat(e) | 1 Jahr | 3 Jahre | 5 Jahre | ITD |  | 1 Jahr | 3 Jahre | 5 Jahre | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | -5.13 | -3.83 | -10.44 | n.a. | n.a. | -3.91 |  | 8.24 | n.a. | n.a. | 12.16 |
| Benchmark | -5.00 | -3.53 | -9.96 | n.a. | n.a. | -3.31 |  | 8.28 | n.a. | n.a. | 12.33 |
| Relativ netto | -0.13 | -0.31 | -0.48 | n.a. | n.a. | -0.60 |  | 0.36 | n.a. | n.a. | 0.36 |
|  |  |  |  |  |  |  |  |  |  |  |  |
| Performance-Übersicht – jährlich* Seit 01.12.2019, in % | 2019 | 2020 | 2021 | 2022 | ITD |
| Portfolio netto | 4.04 | 1.92 | -9.17 | -5.08 | -8.58 |
| Benchmark | 4.13 | 2.69 | -8.75 | -5.01 | -7.30 |
| Relativ netto | -0.09 | -0.78 | -0.42 | -0.08 | -1.28 |
|  | 1 months | 3 months | 1 year | 3 years | 5 years | ITD |  |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | -0.43 | -1.85 | -17.79 | 1.47 | 0.90 | 0.79 |  | Portfolio volatility | 9.61 | 11.05 | 9.34 | 7.97 |
| Benchmark | -0.75 | -1.99 | -18.78 | 1.52 | 0.80 | 1.23 |  | Benchmark volatility | 9.08 | 11.26 | 9.42 | 8.11 |
| Relative net | 0.32 | 0.14 | 0.99 | -0.05 | 0.11 | -0.44 |  | Tracking error | 1.27 | 1.01 | 0.86 | 0.80 |

Translation (ENDE, 2022-08-31):
|  | 1 Monate | 3 Monate | 1 Jahr | 3 Jahre | 5 Jahre | ITD |  |  | 1 Jahr | 3 Jahre | 5 Jahre | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | -0.43 | -1.85 | -17.79 | 1.47 | 0.90 | 0.79 |  | Portfoliovolatilität | 9.61 | 11.05 | 9.34 | 7.97 |
| Benchmark | -0.75 | -1.99 | -18.78 | 1.52 | 0.80 | 1.23 |  | Benchmarkvolatilität | 9.08 | 11.26 | 9.42 | 8.11 |
| Relativ netto | 0.32 | 0.14 | 0.99 | -0.05 | 0.11 | -0.44 |  | Tracking Error | 1.27 | 1.01 | 0.86 | 0.80 |
# Asset breakdown - by risk currency (before hedging)
## In % of total economic exposure

## in %	
Portfolio 
| USD | 77.28 |  |  |
| --- | --- | --- | --- |
| CNH | 5.54 |  |  |
| JPY | 4.94 |  |  |
| EUR | 4.16 |  |  |
| CHF | 3.23 |  |
| GBP | 2.59 |  |
| CAD | 1.03 |  |
| DKK | 0.87 |  |
| ILS | 0.34 |  |
| HKD | 0.02 |  |

Translation (ENDE, 2022-02-28):
# Vermögensstruktur - nach Risiko-Währung (vor Währungsabsicherung)
## in % des Exposures

## in %	
Portfolio 
| USD | 77.28 |  |  |
| --- | --- | --- | --- |
| CNH | 5.54 |  |  |
| JPY | 4.94 |  |  |
| EUR | 4.16 |  |  |
| CHF | 3.23 |  |
| GBP | 2.59 |  |
| CAD | 1.03 |  |
| DKK | 0.87 |  |
| ILS | 0.34 |  |
| HKD | 0.02 |  |
# Top 10 positions
## Instrument Name	Portfolio

## VEEVA SYSTEMS INC CLASS A	3.97%

## DEXCOM INC	3.86%

## ALIGN TECHNOLOGY INC	3.82%

## ZAI LABORATORY ADR REPRESENTING LT	3.72%

## TELADOC HEALTH INC	3.64%

## M3 INC	3.46%

## AXONICS INC	3.10%

## IRHYTHM TECHNOLOGIES INC	3.10%

## INSPIRE MEDICAL SYSTEMS INC	3.06%

## GUARDANT HEALTH INC	3.00%

Translation (ENDE, 2022-02-28):
# 10 grösste Positionen
## Wertschriften Name	Portfolio

## VEEVA SYSTEMS INC CLASS A	3.97%

## DEXCOM INC	3.86%

## ALIGN TECHNOLOGY INC	3.82%

## ZAI LABORATORY ADR REPRESENTING LT	3.72%

## TELADOC HEALTH INC	3.64%

## M3 INC	3.46%

## AXONICS INC	3.10%

## IRHYTHM TECHNOLOGIES INC	3.10%

## INSPIRE MEDICAL SYSTEMS INC	3.06%

## GUARDANT HEALTH INC	3.00%
# Gross performance in USD (rebased to 100) and Performance in %
Past performance does not predict future returns. Neither simulated nor historical performance is a reliable indicator for current or future performance.
opportunity in various market environments. The fund can invest across the full market spectrum while ap- plying the principle of risk diversification. Returns are enhanced by opportunistic relative value investments. Interest rate and credit risks are managed dynami- cally. Systematic downside risk management aims to protect investment income during bear markets.
The fund was originally launched on November 12, 2014. An umbrella change took place on April 9,
125
120
115
110
105
100
95
2017  2018  2019  2020  2021  2022
CS (Lux) Dynamic Bond Fund UB USD
15
10
5
0
-5
-10
-15
-20
08/2017
until 08/2018
08/2018
until 08/2019
08/2019
until 08/2020
08/2020
until 08/2021
08/2021
until 08/2022
2021.

Translation (ENDE, 2022-08-31):
# Bruttowertentwicklung in USD (zurückgesetzt auf Basis 100) und Wertentwicklung in %
Die historische Wertentwicklung ist kein Indikator für die zukünftige Rendite. Weder die simulierte noch die historische Wertentwicklung ist ein zuverlässiger Indikator für aktuelle oder zukünftige Wertentwicklung.
125	15
investieren. Die Renditen werden durch opportunis- tische Relative-Value-Anlagen gesteigert. Die Zins- und Kreditrisiken werden dynamisch gesteuert. Ein systematisches Management von Abwärtsrisiken soll die Anlageerträge bei fallenden Märkten schützen.
Der Fonds wurde ursprünglich am 12. November 2014 aufgelegt. Am 9. April 2021 erfolgte ein
120
115
110
105
100
95
2017  2018  2019  2020  2021  2022
CS (Lux) Dynamic Bond Fund UB USD
10
5
0
-5
-10
-15
-20
08.2017
bis 08.2018
08.2018
bis 08.2019
08.2019
bis 08.2020
08.2020
bis 08.2021
08.2021
bis 08.2022
Umbrella-Wechsel.
Secured Overnight Financing Rate (SOFR) 04/21
Wertentwicklung (Netto) Wertentwicklung (Brutto)
# Asset breakdown - by Sector
## In % of total economic exposure

## in %	
Portfolio 
| Corporate	29.59 |  |  |
| --- | --- | --- |
| High Yield	25.94 |  |  |
| Government	16.80 |  |  |
| Convertibles	15.04 |  |  |
| Emerging Markets	8.05 |  |  |
| Cash	3.67 |  |  |
| Others	0.90 |  |

Translation (ENDE, 2022-02-28):
# Vermögensstruktur - nach Sektor
## in % des Exposures

## in %	
Portfolio 
# Asset breakdown - by WAL bucket
## In % of total economic exposure

## in %	
Portfolio 
| < 1yr	4.93 |  |  |
| --- | --- | --- |
| 1-3 yrs	2.98 |  |  |
| 3-5 yrs	16.15 |  |  |
| 5-7 yrs	8.31 |  |  |
| 7-10 yrs	4.50 |  |  |
| >15 yrs	63.13 |  |  |

Translation (ENDE, 2022-08-31):
# Vermögensstruktur - nach WAL Bucket
## in % des Exposures

## in %	
Portfolio 
| < 1 Jahr	4.93 |  |  |
| --- | --- | --- |
| 1-3 Jahre	2.98 |  |  |
| 3-5 Jahre	16.15 |  |  |
| 5-7 Jahre	8.31 |  |  |
| 7-10 Jahre	4.50 |  |  |
| >15 Jahre	63.13 |  |  |
# Key risk figures
## Portfolio

## Modified duration	2.99

## Yield to worst	2.24%

## Average maturity in years	4.95

## Linear weighted average credit rating	BBB+

Translation (ENDE, 2022-08-31):
# Risikokennzahlen
## Portfolio

## Modified Duration	2.99

## Yield to worst	2.24%

## WAL-to-worst in Jahren	4.95

## Linear gewichtetes durchschnittliches Bonitätsrating	BBB+
# Asset breakdown by Barclays Four Pillar Sectors
## In % of total economic exposure
Benchmark 

## Portfolio Benchmark	
Portfolio 
| Industrials | 47.68 | 47.76 |  |
| --- | --- | --- | --- |
| Financial Institutions | 44.50 | 44.45 |  |
| Utility | 7.71 | 7.80 |  |
| Cash | 0.11 | - |  |

| France | 20.42 | 20.00 |  |
| --- | --- | --- | --- |
| United States | 18.19 | 17.16 |  |
| Germany | 12.87 | 13.19 |  |
| United Kingdom | 8.86 | 9.22 |  |
| Italy | 5.83 | 5.95 |  |
| Others | 33.83 | 34.49 |  |

Translation (ENDE, 2023-02-28):
# Vermögensstruktur nach Barclays Sektor
In % des Exposures
Benchmark 
Portfolio Benchmark	
Portfolio 
| Industrie | 47.68 | 47.76 |  |
| --- | --- | --- | --- |
| Finanzinstitute | 44.50 | 44.45 |  |
| Versorger | 7.71 | 7.80 |  |  |
| Liquidität | 0.11 | - |  |

Benchmark 
Portfolio Benchmark	
Portfolio 
| Frankreich | 20.42 | 20.00 |  |
| --- | --- | --- | --- |
| USA | 18.19 | 17.16 |  |
| Deutschland | 12.87 | 13.19 |  |
| Grossbritannien | 8.86 | 9.22 |  |
| Italien | 5.83 | 5.95 |  |
| Rest | 33.83 | 34.49 |  |
# Asset breakdown by market capitalization
## In % of total economic exposure
Benchmark 

## Portfolio Benchmark	
Portfolio 

Translation (ENDE, 2023-02-28):
# Vermögensstruktur nach Marktkapitalisierung
## In % des Exposures
Benchmark 

## Portfolio Benchmark	
Portfolio 
|  |  |  |
| --- | --- | --- |
| Finanzwerte | 19.63 | 19.28 |
|  |  |  |
|  |  |  |
| Kommunikation | 9.95 | 9.95 |
|  |  |  |
|  |  |  |
| Industrie | 9.34 | 9.08 |
|  |  |  |
|  |  |  |
| Gesundheitswesen | 9.06 | 8.72 |
# Risk overview - ex post
since 01.08.2012, in %
Annualized risk, in %
|  | 1 months | 3 months | 1 year | 3 years | 5 years | ITD |  |  | 1 year | 3 years | 5 years | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net | -2.02 | 2.43 | -9.99 | -6.34 | -1.00 | 2.37 |  | Portfolio volatility | 10.87 | 13.73 | 11.11 | 8.58 |
| Benchmark | -1.60 | 2.96 | -4.92 | -1.79 | 1.55 | 3.03 |  | Benchmark volatility | 9.39 | 10.14 | 8.15 | 6.58 |
| Relative net | -0.42 | -0.53 | -5.07 | -4.55 | -2.55 | -0.66 |  | Tracking error | 3.27 | 4.52 | 3.72 | 2.87 |

Translation (ENDE, 2023-02-28):
# Risiko-Übersicht – ex post
## Seit 01.08.2012, in %

## Annualisiertes Risiko, in %
|  | 1 Monate | 3 Monate | 1 Jahr | 3 Jahre | 5 Jahre | ITD |  |  | 1 Jahr | 3 Jahre | 5 Jahre | ITD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto | -2.02 | 2.43 | -9.99 | -6.34 | -1.00 | 2.37 |  | Portfoliovolatilität | 10.87 | 13.73 | 11.11 | 8.58 |
| Benchmark | -1.60 | 2.96 | -4.92 | -1.79 | 1.55 | 3.03 |  | Benchmarkvolatilität | 9.39 | 10.14 | 8.15 | 6.58 |
| Relativ netto | -0.42 | -0.53 | -5.07 | -4.55 | -2.55 | -0.66 |  | Tracking Error | 3.27 | 4.52 | 3.72 | 2.87 |
# Performance overview - yearly
## since 01.08.2014, in %
| 2014	2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio net	1.84	4.59 | 6.29 | 6.03 | -4.43 | 9.84 | 1.78 | -3.10 | -19.48 | 4.16 |
| Benchmark	0.97	3.32 | 5.14 | 4.62 | -0.06 | 9.67 | 6.24 | -3.57 | -8.77 | 2.44 |
| Relative net	0.87	1.27 | 1.15 | 1.41 | -4.37 | 0.17 | -4.46 | 0.47 | -10.71 | 1.72 |

Translation (ENDE, 2023-01-31):
# Performance-Übersicht – jährlich
## Seit 01.08.2014, in %
| 2014	2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio netto	1.84	4.59 | 6.29 | 6.03 | -4.43 | 9.84 | 1.78 | -3.10 | -19.48 | 4.16 |
| Benchmark	0.97	3.32 | 5.14 | 4.62 | -0.06 | 9.67 | 6.24 | -3.57 | -8.77 | 2.44 |
| Relativ netto	0.87	1.27 | 1.15 | 1.41 | -4.37 | 0.17 | -4.46 | 0.47 | -10.71 | 1.72 |
| Fund information Fixed income |
| --- |
| 430'700'462 Fund total net assets in USD |
| Share class TNA, USD 38'586'703 | Share class NAV, USD 73.44 | Management fee p.a. 1 0.55% |
| MTD (net) return 4.16% Bench. 2.44% | QTD (net) return 4.16% Bench. 2.44% | YTD (net) return 4.16% Bench. 2.44% |

Translation (ENDE, 2023-01-31):
| Informationen zum Produkt Obligationen |
| --- |
| 430'700'462 Gesamtnettovermögen des Fonds in USD |
| Gesamtnettovermögen der Anteilsklasse, USD 38'586'703 | NAV der Anteilsklasse, USD 73.44 | Management Fees p.a. 1 0.55% |
| Rendite (netto) MTD 4.16% Bench. 2.44% | Rendite (netto) QTD 4.16% Bench. 2.44% | Rendite (netto) YTD 4.16% Bench. 2.44% |