Among countries, Italy falls by 0.5 percentage points.
Source: basket file published by the issuer, as of 22 Aug and 2 Sept, compared holding by holding by Rebalix (cash excluded, lines of the same holding merged).
Rows compared: 36 → 36 issuers. The issuer file lists 561 positions but does not identify individual issues (no code per row): rows with the same name — e.g. the issues of one sovereign — are merged into one, so additions, removals and weight changes here are per issuer. Files of 22 Aug and 2 Sept.
The largest holdings are issues of the same sovereign issuer: comparing them one by one says nothing. The useful reading is by country, below.
Source: aggregate breakdowns declared by the issuer in the two snapshots (9 Aug and 2 Sept).
The issuer does not classify most of this basket by sector: a breakdown covering less than half of the fund measures nothing, so we do not draw it.
The five countries that moved the most between the two snapshots.
| Country | 9 Aug | 2 Sept |
|---|---|---|
| France | 24.1% | 24.2% |
| Italy | 22.0% | 21.5% |
| Germany | 19.2% | 19.1% |
| Spain | 13.9% | 13.9% |
| Belgium | 4.9% | 5.0% |
| Netherlands | 4.0% | 4.0% |
| Austria | 3.4% | 3.4% |
| Portugal | 2.0% | 1.9% |
| Finland | 1.8% | 1.8% |
| Ireland | 1.6% | 1.7% |
| Greece | 1.0% | 1.0% |
| Slovakia | 0.8% | 0.8% |
| Slovenia | 0.4% | 0.4% |
| Lithuania | 0.3% | 0.3% |
| Croatia | 0.3% | 0.3% |
| Bulgaria | 0.2% | 0.2% |
| Luxembourg | 0.2% | 0.2% |
| Latvia | 0.1% | 0.1% |
| Cyprus | 0.1% | 0.1% |
| Estonia | 0.1% | 0.1% |
| 2 more countries below 0.05% in both snapshots |
Source: issuer factsheet with data as of 20 Aug; preserved in Rebalix’s monthly registry snapshot (2026-09).
Issuer-declared breakdowns, preserved in Rebalix’s monthly registry snapshots (as of 20 August 2026). Labels and order are the issuer document’s.
Source: daily NAV series published by the issuer.
70.73 → 69.69: −1.5% from 7 Aug to 2 Sept, the last NAV available at each snapshot date.
Source: issuer KID (costs as of 2 Sept); Rebalix events register.