Synthetic replication: the recorded list is the substitute basket, not the index exposure.
| Holding | Weight on entry |
|---|---|
| BPIFRANCE 0.625% Jul31 EMTN | 5.89% |
| BPIFRANCE 2.875% Nov29 EMTN | 5.31% |
| BPIFRANCE 3.375% May34 EMTN | 4.57% |
| DEUTSCHE BANK VAR Aug28 EMTN | 2.60% |
| BPIFRANCE 2.125% Nov27 | 1.52% |
| CIE FIN FONCI 3.125% Apr27 EMTN | 1.33% |
| TECHNIP ENERG 4% Jun33 | 1.27% |
| ENI SPA 3.5% May31 EMTN | 0.95% |
| and 63 more | ≤ 0.86% |
| Holding | Weight on exit |
|---|---|
| AGENCE CENTRA 2.625% 20Mar28 | 5.17% |
| CELLNEX FINAN 2% Feb33 EMTN | 2.44% |
| GERMANY 0% 04Jul27 | 2.37% |
| CAISSE D AMOR 1.75% 25Nov27 EMTN | 2.32% |
| JOHN DEERE CA 3.45% Jul32 EMTN | 1.92% |
| GERMANY PPAL 0% 04Jan37 | 1.71% |
| ROYAL BK CANA 2.375% Sep27 | 1.54% |
| EUROPEAN UNIO 1.625% 04Dec29 | 1.46% |
| and 76 more | ≤ 1.36% |
Holdings compared (excluding cash instruments): 237 → 224.
| Holding | from | to |
|---|---|---|
| GERMANY PPAL 0% 04Jul44 | 1.54% | <0.01% |
| RCI BANQUE 4.625% Oct26 EMTN | 1.78% | 1.31% |
| AUSGRID FINAN 0.875% Oct31 EMTN | 0.36% | 0.80% |
| COMMERZBANK A 3% Mar34 EMTN | 0.10% | 0.50% |
| ELM BV SWISS 3.125% Oct31 EMTN | 0.80% | 0.40% |
| EASYJET FINCO 1.875% Mar28 EMTN | 0.76% | 0.41% |
| HEIDELBERG MA 3.95% Jul34 EMTN | 0.03% | 0.31% |
| SILFIN NV 5.125% Jul30 | 0.26% | 0.52% |
| BANQ FED CRD 0.625% Feb31 EMTN | 0.31% | 0.57% |
Bars scaled to the change: orange = up, grey = down. Basket percentages at the two snapshots.
+0.2% in USD (NAV 141.39 → 141.65, 31 Aug → 3 Sept). No distributions in the month.
| TER | 0.25% — unchanged |
| Transaction costs (KID) | 0.00% — unchanged |
| Index, name, policy | no change in the period |