8novembre &numeri indici - il sole 24 ore...2014/11/08 · areaeuro 0,08 0,23 0,83 1,75 0,83...

reddito fisso

analisi titoli rncl’hit parade

Australia 2,85 2,58 3,34 4,13 3,66Gr. Bretagna 0,40 0,40 2,26 2,72 3,14Canada 0,90 0,89 2,04 2,53 2,96Danimarca 0,29 0,26 0,80 1,83 0,80Svezia -0,01 0,95 1,22 2,37 1,22Giappone — 0,10 0,47 0,61 0,33Svizzera 0,01 0,02 0,45 0,99 0,45Usa 0,03 4,76 2,35 2,66 3,14Area euro 0,08 0,23 0,83 1,75 0,83

RENDIMENTI EFFETTIVI LORDIpaesi mercatomonet. obbl.governative obblig.

a3 mesi a10 anni corporateultimo 1anno fa ultimo 1anno fa

B CarigeRsp 1,190 7,31 n,s.B D-Brianza Rsp 2,300 1,56 -6,50B Sardegna Rsp 10,750 2,79 —Borgosesia Rsp 0,860 — 3,74Buzzi Unicem Rsp 6,600 0,76 -39,23DanieliRsp 14,750 2,18 -22,04Edison Rsp 0,854 5,86 —Intek GroupRsp 0,597 — n,s.IntesaSanp Rsp 1,972 2,54 -12,12ItalmobilRsp 13,000 1,96 -30,67Pirelli & C Rsp 9,780 3,99 -8,17SaesGetters Rsp 5,135 3,25 -13,55Salini Impre Rsp 10,270 2,53 n,s.Seat PGia Rsp 0,910 — n,s.Stefanel Rsp 146,000 — n,s.TelItalia M Rsp 0,583 — -37,03TelecomIta Rsp 0,697 4,02 -20,61UnicreditRsp 8,070 1,24 41,83Unipolsai Rsp A 224,900 8,73 n,s.Unipolsai Rsp B 2,054 10,95 0,59Zucchi Rsp 0,173 — n,s.

indici& numeriImigliori1 Argentina (BUSEMerval) 72,202 Egitto(EGX30 IDX) 49,973 India(BSE SENSEX) 48,034 Pakistan (KARACHI100) 39,225 SriLanka (CSE All-Share) 38,81

Ipeggiori1 Russia(RTS) -21,552 Portogallo(BVL30) -20,993 Grecia(ATHENSGEN) -16,904 Austria (ATX-OETOB) -13,635 Ungheria(BUX) -11,50

FONDI ITALIANIindice performance

a1 mese a1 anno a3 anni

fonte:elaborazioneUfficioStudideIlSole-24Ore

Imigliori1 Argentina 36,332 Messico 21,463 Brasile 20,114 Portogallo 18,185 GranBretagna 16,15

Ipeggiori1 Venezuela 0,452 Giappone 4,323 Norvegia 4,704 Svezia 6,065 Svizzera 7,70

AZIONARIOrendimenti in euro dal30/12/13 al06/11/14

paese rend paese rend

Generale -0,34 3,87 16,59Azionari -0,92 5,76 5,76Bilanciati -0,60 4,90 24,07Obbligazionari -0,24 4,13 16,11Monetari -0,08 0,16 4,26Flessibili -0,33 3,30 17,26

fonte:Thomson ReutersDatastream

fonte:Thomson ReutersDatastream

Fonte:elaborazioneUfficioStudideIlSole-24Ore

fonte:elaborazioneUfficioStudidelSole-24Ore

OBBLIGAZIONARIOrendimenti in euro dal30/12/13 al06/11/14

paese rend paese rend

titolo prezzo div/p% sconto%

Plus24 - Il Sole 24 Ore SABATO 8 NOVEMBRE 20141 N. 636

previsione sulle economie

Argentina 10,9 12-13 8,9 27,7 — +48,7 +2,3 0,3 — —Australia 2,3 09-14 2,8 2,5 +2,9 +8,9 +0,3 1,8 3,1 4,1Austria 1,6 09-14 2,1 1,9 +1,7 +89,1 +1,3 0,8 0,1 2,0Belgio 0,1 10-14 2,1 1,2 +1,4 +18,0 +1,9 1,8 0,1 2,3Brasile 6,6 09-14 5,4 6,2 +1,1 +15,9 — 0,8 — —Canada 2,0 09-14 1,8 1,9 +2,5 +14,7 +1,1 1,2 1,3 3,0Cile 4,9 09-14 3,7 2,9 +3,2 +13,5 +8,4 — 2,9 —Cina 1,6 09-14 3,0 2,7 +7,1 +18,1 +0,8 0,5 — —Corea 1,2 10-14 2,7 2,2 +3,7 +25,2 — 0,7 2,3 3,7Danimarca 0,5 09-14 1,9 1,4 +1,6 +17,0 +10,3 1,0 0,1 1,9Filippine 4,3 10-14 4,7 3,9 +6,3 +17,5 +1,5 1,0 — —Finlandia 1,4 09-14 1,9 1,4 +1,0 +21,0 +0,6 1,0 0,1 2,0Francia 0,3 09-14 1,5 1,0 +0,8 +13,2 +2,2 1,4 0,1 1,8Germania 0,8 10-14 1,6 1,6 +1,5 +11,4 +2,4 1,0 0,1 1,4Giappone 3,3 09-14 0,2 1,8 +1,2 +11,5 +93,5 1,3 0,2 0,8HongK. 6,6 09-14 2,9 3,5 +3,0 +7,7 +1,0 1,4 0,9 —India 6,3 09-14 8,1 6,8 +6,3 +20,1 +20,9 0,9 8,3 —Indonesia 4,8 10-14 7,1 6,0 +5,6 +18,3 +214,5 0,9 8,1 —Irlanda 0,3 09-14 1,6 1,0 +2,6 — +0,0 1,6 0,1 3,0Italia 0,1 10-14 1,9 0,6 +0,5 +38,8 +0,3 0,8 0,1 2,7Malaysia 2,6 09-14 2,6 3,9 +5,2 +12,0 +0,3 1,5 3,7 —Messico 4,2 09-14 4,2 3,5 +3,8 — +1,9 1,5 3,5 6,1N.Zelanda 1,0 09-14 2,5 2,0 +2,9 +7,5 +0,2 1,8 4,3 5,0Norvegia 2,1 09-14 1,9 2,2 +2,0 +12,7 +5,3 1,5 1,8 3,0Olanda 1,1 10-14 1,8 1,4 +1,3 +15,2 +1,4 0,9 0,1 1,5Russia 8,3 10-14 9,5 6,2 +0,4 +1,1 +0,1 0,6 — —Singapore 0,6 09-14 2,7 2,1 +3,7 +10,9 +0,2 1,5 0,6 —Spagna -0,1 10-14 2,3 0,7 +1,9 +19,7 +0,5 1,0 0,1 2,4Sudafrica 5,3 08-14 5,9 5,7 +2,8 +13,2 +4,8 0,9 — —Svezia -0,4 09-14 1,2 1,3 +2,6 +14,2 +6,6 1,3 0,6 2,2Svizzera 0,0 10-14 0,5 0,5 +1,7 +11,2 +2,6 1,9 0,1 1,0Taiwan 1,1 11-14 1,4 1,8 +3,6 +11,3 +3,6 1,0 1,1 —Thailandia 1,5 10-14 3,1 2,5 +4,3 +15,2 +1,5 1,1 2,6 —UK 2,3 09-14 3,3 2,8 +2,6 +8,5 +26,7 1,8 1,2 3,2Usa 1,7 09-14 2,4 1,8 +3,1 +12,8 +2,6 1,4 0,8 3,3

1 Inflazione attesaa6mesi.2Crescita Pilattesoa6mesi.3Crescitautili a 12mesi.4Epsattesoa12mesi.5Tale indicatore èdatodal rapportotraprezzo/utiliattesi a12 mesie il relativotasso di crescita;consente divalutare quantopiùconvenienteè unPaeserispetto adunaltro.6Previsionia12 mesi.

fonte:Thomson ReutersDatastream- Ibes (datialmercoledì).

paese ultima data di mediainf. consensodeglianalistiinflaz. riferim. ultimi inflaz. crescita crescita eps peg tassia tassiaannua 10 anni in% (1) pil in % (2) utili% (3) atteso(4) ratio(5) breve (6) lungo(6)

SABATO 8 NOVEMBRE 2014 Plus24 - Il Sole 24 OreN. 636 2

le classifiche dello stoxx600

1P/E PIÙ ALTIVengono evidenziati i titoli che hanno unprezzo di mercato particolarmente elevatoin rapporto agli Utili per Azione attesi.

rk sett. titolo last pr.valore


Le società presenti nelle tabelle sono state raggruppate nei seguenti macro Settori:Bpn: Beni prima necessità; Bvo: Beni voluttuari; Ene: Energia; Fin: Finanza; Ind: Industriali; Inf: Informatica; Mat: Materiali;Pbu: Pubblica utilità; Sal: Salute; Tel: Telecomunicazione. I dati Last price sono relativi alle ore 18:00.

fonte: Thomson Reuters per i dati Last Price, tutti gli altri valori sono forniti da su dati di consenso.

1PbuMetro(D) 24,95 849,83 2TelAlticeSA(Lu) 47,94 527,89 3FinIntesaSanpaolo(I) 2,25 374,53 4PbuEurotunnel(F) 9,84 338,33 5FinB.P. E.Romagna(I) 5,90 326,24 6FinCapital&Counti(Gb) 334,50 298,53 7BvoMediaset(I) 2,59 265,40 8IndVestasWind(Dk) 193,20 207,54 9SalMorphoSys AG(D) 75,99 142,24 10InfNokia(Fl) 6,59 140,53 11IndOsram Licht(D) 27,70 107,58 12BvoSchibsted(Nok) 342,00 89,59 13FinSydbank A/S(Dk) 185,10 79,23 14TelTelefonicaD. Hld(D) 3,85 69,41 15FinGt PortlandE(Gb) 675,00 66,31 16FinShaftesbury(Gb) 706,50 63,79 17EneLundinPetrole(S) 103,70 63,75 18IndAndritz(A) 38,97 60,52 19FinDerwentLondon(Gb) 2934,00 59,16 20FinB.P. Milano(I) 0,58 59,10 21MatNorsk Hydro(Nok) 36,90 56,81 22SalBtg(Gb) 743,00 55,97 23IndOci(Nl) 27,86 50,77 24InfASMInt.(Nl) 31,70 48,96 25TelJazztel(Gb) 12,75 47,26 26FinCaixabank(E) 4,31 46,64 27TelTalktalk(Gb) 292,30 46,55 28EneTullow Oil(Gb) 484,10 46,14 29InfArmHoldings(Gb) 838,50 45,21 30BpnLindt&Spruengli(Ch) 56465 44,40 31IndRheinmetall(D) 33,44 40,76 32SalColoplastB(Dk) 501,50 40,17 33IndGamesa(E) 7,36 40,08 34SalNovorzymes(Dk) 271,00 39,62 35TelIliad(F) 177,50 39,31 36FinDeutscheBank(D) 24,30 38,98 37TelWirecard(D) 28,16 38,61 38PbuVeoliaEnviron(F) 13,10 38,12 39SalRhoenKlinikum(D) 23,52 38,08 40TelTele2 B(S) 93,85 37,41 41IndVolvo B(S) 83,80 36,77 42FinBco DeSabadel(E) 2,24 36,34 43FinUBI Banca(I) 5,85 36,21 44SalMeda(S) 96,25 35,84 45TelTelenetGrp Hldg(B) 44,88 35,74 46SalEurofinsScientific(F) 190,90 35,74 47BpnRemy Cointreau(F) 56,41 34,18 48InfAsml Holding(Nl) 77,02 34,10 49FinHargreaves Ls(Gb) 966,50 33,99 50SalUcb(B) 65,42 33,89 51TelCable&Wir(Gb) 48,10 33,18 52IndHusqvarna(S) 54,15 32,96 53BpnHermes Intl SCA(F) 243,95 32,87 54SalHikma(Gb) 1869,00 32,43 55FinCommerzbank(D) 11,71 32,38

56PbuRightmove(Gb) 2123,00 32,25 57MatFresnillo(Gb) 716,50 31,75 58BpnAssoc.Br.Foods(Gb) 2761,00 31,67 59TelKpnKon(Nl) 2,59 31,48 60IndChsHansen(Dk) 239,70 31,44 61PbuBolloreSA(F) 369,85 31,16 62BpnLuxottica(I) 40,03 31,15 63IndBarratt Develop(Gb) 409,70 30,99 64InfIngenico(F) 79,40 30,97 65SalEssilorInternat(F) 86,45 30,80 66InfInfineon Tech.(D) 7,29 30,63 67IndLanxess(D) 40,26 30,61 68MatCRH(Irl) 17,54 30,53 69IndSymriseAg(D) 44,28 30,42 70FinBankia(E) 1,40 30,35 71TelUnitedInternet(D) 30,83 30,24 72PbuICAGruppen AB(S) 288,00 30,21 73BvoTui(D) 12,29 30,02 74EneGalp Energia(P) 11,35 29,96 75PbuTnt Express(Nl) 4,51 29,89 76SalSonovaHld(Ch) 149,30 29,82 77FinLandSecs(Gb) 1090,00 29,56 78FinDeutscheWohnen(D) 17,56 29,43 79IndGeberit N1(Ch) 323,30 28,93 80TelDassaultSystem(F) 49,80 28,79 81IndPandora A/S(Dk) 486,80 28,78 82SalShire(Gb) 4164,00 28,70 83PbuAer.de Paris(F) 93,04 28,68 84PbuInditex(E) 21,80 28,65 85FinHammerson(Gb) 602,50 28,22 86SalNovo Nordisk(Dk) 271,40 28,09 87InfGn Store Nord(Dk) 137,20 28,03 88PbuMichaelPage(Gb) 382,30 27,94 89BvoCarnival(Gb) 2467,00 27,63 90IndRenault(F) 57,21 27,61 91BpnBeiersdorf(D) 63,99 27,54 92BvoThomasCook (Gb) 122,30 27,44 93BpnBooker(Gb) 137,10 27,33 94BvoIntercontHote(Gb) 2337,00 27,30 95PbuH & M B(S) 291,90 27,27 96FinBk Popular(E) 4,84 26,95 97SalActelionHldg(Ch) 113,50 26,86 98FinIntuprop(Gb) 335,30 26,81 99PbuJCDecaux(F) 25,84 26,75 100BpnGivaudan(Ch) 1581,00 26,74 101FinBrLand Co(Gb) 716,50 26,68 102MatLafarge(F) 54,61 26,32 103IndSika(Ch) 3460,00 26,28 104FinBankinter(E) 6,63 26,10 105SalGrifols(E) 31,91 26,09 106PbuHays(Gb) 117,70 26,04 107BpnSabmiller(Gb) 3487,50 26,01 108PbuIag(E) 390,70 25,97 109BvoWhitbread(Gb) 4313,00 25,97 110IndBillerudKorsnas AB(S) 107,00 25,94 111PbuEdenred(F) 21,65 25,93 112PbuKuehne&Nagel(Ch) 123,00 25,64 113PbuSgs(Ch) 2088,00 25,63



2P/E PIÙ BASSIVengono evidenziati i titoli che hanno unprezzo di mercato particolarmente basso inrapporto agli Utili per Azione attesi.





1EneAfren(Gb) 78,70 3,06 2IndFugro(Nl) 11,95 3,65 3IndInvestorB(S) 258,40 4,31 4IndIndustriv.(S) 135,10 4,71 5IndPetrol Geo-Ser(Nok) 34,33 4,84 6FinNatl. Bank Gr(Gr) 1,89 5,58 7FinStorebrand(Nok) 34,06 5,68 8PbuTesco(Gb) 173,30 5,84 9FinEurazeo(F) 51,15 6,17 10PbuPostNLNV(Nl) 3,29 7,13 11EneOmvAg(A) 25,11 7,26 12FinSwissRe(Ch) 76,35 7,27 13PbuMorrisonSupmk(Gb) 155,60 7,52 14PbuRwe(D) 27,73 7,62 15IndBilfinger Berger(D) 50,45 7,91 16FinAmlin(Gb) 450,80 8,13 17IndBalfourB.(Gb) 153,00 8,17 18PbuSainsbury(J)(Gb) 246,50 8,17 19FinScorSe(F) 24,06 8,27 20IndPorsche Automobil(D) 63,89 8,33 21FinStandrd Chart(Gb) 943,60 8,33 22IndSeadrill(Gb) 150,60 8,39 23Fin3IGroup(Gb) 388,60 8,47 24FinMuenchenerRuck.(D) 153,45 8,49 25PbuSercoGroup plc(Gb) 295,80 8,50 26IndArkema(F) 48,50 8,52 27PbuCEZas 606,90 8,84 28FinRaiff Bank Int(A) 16,66 9,08 29IndVolkswagen Pref.(D) 165,15 9,14 30FinHannoverRueck(D) 65,66 9,15 31FinSwissLife Hld(Ch) 217,30 9,20 32EneNeste Oil(Fl) 16,77 9,34 33FinCatlinG(Gb) 528,00 9,42 34MatRioTinto(Gb) 2946,50 9,52 35FinAxa(F) 17,88 9,53 36FinFondiaria-Sai(I) 2,08 9,61 37FinLancashire Holdings(Gb) 665,00 9,63 38FinAllianz(D) 124,20 9,63 39IndCNHIndustrial(Nl) 6,36 9,63 40IndDaimler(D) 60,61 9,77 41IndK + S(D) 22,05 9,77 42EneTotal(F) 46,99 9,79 43IndPetrofac(Gb) 1041,00 9,84 44IndTgsNopec Geo(Nok) 156,10 9,93 45EneStatoil(Nok) 154,20 10,10 46BvoLadbrokes(Gb) 117,20 10,15 47IndMichelin(F) 68,43 10,20 48FinCNP Ass.(F) 14,45 10,23 49TelTdc(Dk) 45,38 10,29 50IndCarillion(Gb) 323,50 10,32 51FinHiscox Ltd(Gb) 670,00 10,35 52IndBmw(D) 83,03 10,35 53EnePremier Oil(Gb) 259,10 10,67 54PbuEdf(F) 22,95 10,81 55BvoUbm(Gb) 562,00 10,85

56FinMapfre(E) 2,69 10,88 57EneBp(Gb) 444,00 10,93 58SalStada Arznei(D) 30,39 11,10 59FinDnb(Nok) 123,50 11,14 60FinAgeas(B) 26,23 11,15 61IndAckermans V.Haar(B) 97,76 11,20 62FinOldMutual(Gb) 191,10 11,20 63FinHelvetia Hld(Ch) 446,00 11,22 64FinFriends LifeGr 313,80 11,26 65MatAngloAmerican(Gb) 1320,50 11,27 66IndNcc(S) 212,60 11,36 67TelTelecomItalia(I) 0,87 11,43 68IndSubsea7(Lu) 74,30 11,50 69PbuEOn(D) 13,32 11,54 70InfBaeSy.(Gb) 452,00 11,55 71IndRexamPLC(Gb) 472,30 11,55 72FinBarclays(Gb) 222,55 11,59 73BpnRexel(F) 13,04 11,60 74BpnTate & Lyle PLC(Gb) 608,50 11,64 75FinCreditAgricole(F) 11,60 11,67 76Telfreenet(D) 20,80 11,68 77IndJohn Wood (Gb) 660,00 11,71 78FinAshmore(Gb) 301,90 11,72 79BvoMtg B(S) 226,90 11,84 80TelTelefonica(E) 11,69 11,88 81FinPhoenix GroupHoldings 752,00 11,91 82TelTeliasonera(S) 50,60 11,91 83PbuEdp(P) 3,33 11,92 84MatVoestalpine(A) 31,32 11,93 85PbuEnel(I) 3,91 11,97 86PbuCentrica(Gb) 299,80 12,01 87IndNeopost(F) 54,22 12,05 88FinBnpParibas(F) 48,47 12,16 89FinIntermediate(Gb) 398,00 12,18 90FinSociete Generale(F) 37,17 12,22 91IndTechnip(F) 57,23 12,26 92PbuDelhaize Group(B) 54,22 12,28 93EneRoyalDtch Shl(Gb) 28,27 12,30 94IndYara Intl ASA(Nok) 308,30 12,30 95PbuJMartins Sgps(P) 7,25 12,30 96EneRepsolYpf(E) 17,47 12,33 97FinDirect Line(Gb) 281,50 12,36 98IndAMECplc(Gb) 1026,00 12,38 99IndFCA-FiatChrysler(Nl) 10,84 12,40 100IndPrysmian(I) 13,43 12,41 101InfThales(F) 38,60 12,45 102FinJyskeBank A/S(Dk) 317,00 12,51 103IndGkn(Gb) 314,20 12,57 104BpnC&C Group(Irl) 3,42 12,62 105IndAlstom(F) 27,47 12,64 106TelVodafoneGroup(Gb) 206,45 12,68 107IndBerkeley(Gb) 2277,00 12,70 108MatBhpBilliton(Gb) 1615,50 12,86 109IndBouygues(F) 26,97 12,87 110FinImmofinanz(A) 2,36 12,90 111BvoInforma(Gb) 475,90 12,92 112FinBaloiseHld(Ch) 119,90 12,94 113TelAtos(F) 53,88 12,94



3P/RICAVI PIÙ BASSIVengono evidenziati i titoli che hanno unprezzo di mercato particolarmente basso inrapporto ai Ricavi per azione attesi.





1FinExor(I) 32,98 0,06 2IndPeugeot(F) 9,01 0,14 3IndFCA-FiatChrysler(Nl) 10,84 0,16 4BvoTui(D) 12,29 0,17 5PbuHome Retail (Gb) 180,30 0,22 6IndBalfourB.(Gb) 153,00 0,23 7IndDCCPlc(Irl) 3438,00 0,23 8PbuKeskoB(Fl) 29,97 0,27 9PbuDelhaize Group(B) 54,22 0,28 10EneNeste Oil(Fl) 16,77 0,28 11PbuD.Lufthansa(D) 11,52 0,29 12PbuAirFrance-KLM SA(F) 6,55 0,30 13BvoTuiTravel(Gb) 400,80 0,30 14PbuEOn(D) 13,32 0,31 15PbuCasinoGuichard(F) 80,40 0,31 16BvoThomasCook (Gb) 122,30 0,31 17IndAcsCons Y Ser(E) 29,02 0,32 18PbuCarrefour(F) 23,04 0,33 19FinFondiaria-Sai(I) 2,08 0,33 20PbuMetro(D) 24,95 0,36 21EneOmvAg(A) 25,11 0,37 22IndThyssenkrupp(D) 18,77 0,38 23IndRenault(F) 57,21 0,38 24IndVolkswagen Pref.(D) 165,15 0,39 25PbuSainsbury(J)(Gb) 246,50 0,39 26IndBouygues(F) 26,97 0,40 27IndCarillion(Gb) 323,50 0,40 28PbuAholdKon(Nl) 13,16 0,40 29IndSkanskaB(S) 147,20 0,40 30IndBilfinger Berger(D) 50,45 0,41 31IndRheinmetall(D) 33,44 0,41 32InfFinmecc.(I) 6,79 0,41 33PbuFirstgroup(Gb) 110,80 0,42 34PbuInchcape(Gb) 682,50 0,42 35MatUmicore(B) 30,76 0,44 36PbuDKSHHolding AG(Ch) 71,45 0,44 37BvoLagardereS.C.A.(F) 19,10 0,44 38IndDaimler(D) 60,61 0,45 39EneBp(Gb) 444,00 0,47 40PbuTnt Express(Nl) 4,51 0,48 41PbuDistribuidora Inte Alim(E) 4,97 0,50 42PbuMorrisonSupmk(Gb) 155,60 0,50 43IndNcc(S) 212,60 0,50 44FinStandardLife(Gb) 388,90 0,51 45IndLeoniAg(D) 44,36 0,52 46PbuRwe(D) 27,73 0,52 47PbuHays(Gb) 117,70 0,52 48MatGlencore(Gb) 317,10 0,52 49PbuTesco(Gb) 173,30 0,53 50PbuSecuritasB(S) 80,75 0,53 51IndAlstom(F) 27,47 0,55 52PbuRandstad(Nl) 34,90 0,55 53InfThales(F) 38,60 0,56 54IndValeo(F) 88,28 0,56 55IndElectroluxB(S) 204,80 0,56

56IndBmw(D) 83,03 0,57 57FinMapfre(E) 2,69 0,57 58EneRepsolYpf(E) 17,47 0,57 59BpnBooker(Gb) 137,10 0,57 60FinRsa Insrance G(Gb) 479,20 0,57 61FinCNP Ass.(F) 14,45 0,58 62BpnRexel(F) 13,04 0,58 63MatArcelormittal(Lu) 10,17 0,58 64EneRoyalDtch Shl(Gb) 28,27 0,59 65PbuIag(E) 390,70 0,60 66PbuDixons Carphone(Gb) 393,10 0,60 67PbuKuehne&Nagel(Ch) 123,00 0,61 68PbuDeutschePost(D) 24,39 0,61 69PbuMitie Grp.(Gb) 295,40 0,61 70PbuPostNLNV(Nl) 3,29 0,61 71EneGalp Energia(P) 11,35 0,61 72PbuAdecco(Ch) 63,55 0,62 73InfAlcatel-Lucent(F) 2,37 0,62 74TelAtos(F) 53,88 0,63 75FinScorSe(F) 24,06 0,63 76PbuSercoGroup plc(Gb) 295,80 0,63 77FinVienna Insuran(A) 37,59 0,64 78IndCNHIndustrial(Nl) 6,36 0,64 79PbuICAGruppen AB(S) 288,00 0,64 80FinMuenchenerRuck.(D) 153,45 0,65 81MatOutokumpuOyj(Fl) 4,37 0,65 82EneTotal(F) 46,99 0,65 83FinAxa(F) 17,88 0,65 84PbuSodexo(F) 76,10 0,65 85FinGenerali(I) 15,85 0,65 86PbuVeoliaEnviron(F) 13,10 0,66 87PbuRoyalMail(Gb) 435,40 0,66 88FinAllianz(D) 124,20 0,67 89IndPrysmian(I) 13,43 0,67 90PbuSse Plc(Gb) 1581,00 0,68 91EneEni(I) 16,57 0,68 92InfAirbus Group(Nl) 45,91 0,68 93IndAndritz(A) 38,97 0,70 94IndLanxess(D) 40,26 0,70 95IndVestasWind(Dk) 193,20 0,70 96IndWS Atkinsplc(Gb) 1354,00 0,70 97IndMichelin(F) 68,43 0,71 98IndSaint-Gobain(F) 33,27 0,71 99TelCap Gemini(F) 51,57 0,71 100PbuColruyt(B) 35,95 0,72 101FinHannoverRueck(D) 65,66 0,72 102PbuRubis(F) 46,53 0,72 103IndJohn Wood (Gb) 660,00 0,72 104BpnWolseley(Gb) 3266,00 0,72 105IndFlsmidth& Co(Dk) 267,00 0,75 106PbuG4S(Gb) 250,90 0,75 107IndNutreco(Nl) 40,06 0,75 108IndGeorgFischer(Ch) 549,00 0,77 109IndTechnip(F) 57,23 0,77 110FinCatlinG(Gb) 528,00 0,78 111IndOsramLicht(D) 27,70 0,78 112IndStoraEnso R(Fl) 6,46 0,78 113IndAMECplc(Gb) 1026,00 0,78



4FORZA RELATIVA PIÙ ALTATitoli che hanno ottenuto una miglioreperformance nei 12 mesi precedenti,rispetto all’indice STOXX600.





1IndPandora A/S(Dk) 486,80 81,72 2SalBtg(Gb) 743,00 78,20 3SalHikma(Gb) 1869,00 67,11 4IndAbengoa(E) 3,21 66,49 5FinAshteadGroup(Gb) 1019,00 64,78 6PbuDixons Carphone(Gb) 393,10 63,15 7FinMan(Gb) 120,20 57,67 8TelJazztel(Gb) 12,75 54,39 9SalActelionHldg(Ch) 113,50 53,81 10IndFCA-FiatChrysler(Nl) 10,84 50,85 11SalShire(Gb) 4164,00 49,47 12PbuRyanair Hldgs(Irl) 7,46 46,92 13InfIngenico(F) 79,40 46,59 14SalAstrazeneca(Gb) 4500,00 44,31 15FinLondonStock Ex.(Gb) 1971,00 43,76 16InfLogitechIntl S.A.(Ch) 13,55 43,17 17TelBelgacom(B) 29,98 42,33 18PbuRedElectr Cor(E) 68,53 41,33 19SalColoplastB(Dk) 501,50 40,15 20IndMarineHarvest(Nok) 93,50 39,06 21PbuICAGruppen AB(S) 288,00 38,93 22FinProvidentFincl(Gb) 2123,00 38,26 23BvoIntercontHote(Gb) 2337,00 37,36 24FinInvestec(Gb) 549,50 37,24 25BpnAssoc.Br.Foods(Gb) 2761,00 36,99 26SalSmith&Nephew(Gb) 1054,00 36,83 27SalNovo Nordisk(Dk) 271,40 36,37 28PbuEurotunnel(F) 9,84 35,68 29IndBarratt Develop(Gb) 409,70 34,67 30PbuEasyjet(Gb) 1460,00 34,18 31IndVestasWind(Dk) 193,20 33,64 32SalOrionB(Fl) 27,13 33,38 33FinBankinter(E) 6,63 33,27 34FinNatixis(F) 5,36 33,19 35FinB.P. Milano(I) 0,58 32,73 36IndPersimmon(Gb) 1444,00 30,58 37SalLonza(Ch) 115,80 30,45 38IndSymriseAg(D) 44,28 30,38 39IndBillerudKorsnas AB(S) 107,00 30,34 40PbuPennon(Gb) 820,50 29,81 41SalMorphoSys AG(D) 75,99 29,25 42InfASMInt.(Nl) 31,70 29,13 43BvoWhitbread(Gb) 4313,00 29,03 44SalSonovaHld(Ch) 149,30 28,97 45PbuUnitedUtil Gr(Gb) 849,50 28,78 46FinLEGImmobilien(D) 54,24 28,51 47IndHusqvarna(S) 54,15 28,47 48IndEnagas(E) 26,18 28,35 49BpnBunzl(Gb) 1680,00 27,97 50MatNorsk Hydro(Nok) 36,90 27,68 51FinTryg(Dk) 636,00 27,52 52FinCreditAgricole(F) 11,60 27,52 53SalUcb(B) 65,42 27,45 54SalMeda(S) 96,25 27,20 55FinDirect Line(Gb) 281,50 26,99

56IndDCC Plc(Irl) 3438,00 25,99 57FinShaftesbury(Gb) 706,50 25,95 58BvoTui(D) 12,29 25,68 59FinB.Com.Portugues(P) 0,09 25,40 60PbuBpost(B) 19,25 25,32 61PbuTeleperformance(F) 49,16 25,25 62TelOrange(F) 12,37 24,70 63FinBankia(E) 1,40 24,61 64FinDanskeBank(Dk) 161,30 24,59 65FinTopdanmarkA/S(Dk) 187,50 24,55 66SalNovartis(Ch) 87,70 24,23 67FinBrLand Co(Gb) 716,50 24,12 68IndBellway(Gb) 1718,00 23,45 69PbuEndesaS.A.(E) 15,22 23,44 70InfFinmecc.(I) 6,79 23,42 71PbuIag(E) 390,70 23,37 72FinCommerzbank(D) 11,71 23,24 73FinGt PortlandE(Gb) 675,00 23,21 74FinDerwentLondon(Gb) 2934,00 23,14 75FinAviva(Gb) 518,00 22,58 76TelSwisscom(Ch) 559,00 22,22 77FinSegro(Gb) 375,80 22,16 78SalFresenius(D) 40,55 22,13 79BpnImperial Tobac(Gb) 2674,00 21,80 80SalNovorzymes(Dk) 271,00 21,75 81FinDeutscheWohnen(D) 17,56 21,65 82BpnLindt&Spruengli(Ch) 56465 21,56 83PbuNext(Gb) 6430,00 21,38 84PbuGas Natural(E) 22,55 21,32 85BvoReed Elsevier(Gb) 1015,00 21,12 86BpnGivaudan(Ch) 1581,00 20,92 87FinHammerson(Gb) 602,50 20,87 88PbuEnel(I) 3,91 20,76 89FinRoyalBank Sco(Gb) 365,30 20,73 90PbuNational Grid(Gb) 914,00 20,69 91FinIntesaSanpaolo(I) 2,25 20,61 92FinSwissLife Hld(Ch) 217,30 20,40 93PbuFlughafenZuerich(Ch) 598,00 20,37 94BvoSes(Lu) 28,45 20,24 95PbuRentokil(Gb) 121,00 20,18 96IndGeberit N1(Ch) 323,30 19,76 97BpnAryztaAg(Ch) 80,50 19,52 98IndElectroluxB(S) 204,80 19,38 99IndHEXPOLAB Class B(S) 638,00 19,21 100FinClose Bros(Gb) 1430,00 19,19 101PbuIntrumJustitia AB(S) 216,20 19,09 102PbuHowden Join(Gb) 336,60 19,01 103FinLandSecs(Gb) 1090,00 19,00 104IndValeo(F) 88,28 18,97 105FinIngGroep(Nl) 11,07 18,90 106TelTalktalk(Gb) 292,30 18,78 107IndSika(Ch) 3460,00 18,77 108IndAckermans V.Haar(B) 97,76 18,62 109TelTelecomItalia(I) 0,87 18,54 110SalOrpeaSA(F) 47,55 18,53 111InfHalma(Gb) 610,50 18,25 112BvoReed Elsevier(Nl) 18,09 18,01 113PbuKeskoB(Fl) 29,97 17,86



5CAGR 2012/2014 PIÙ ALTOTitoli che potrebbero avere un maggioreincremento degli Utili nel periodo indicato inaccordo alle attese degli analisti.





1FinGenerali(I) 15,85 3,81 2FinUbsAg(Ch) 16,29 3,31 3InfASMInt.(Nl) 31,70 3,19 4IndMarineHarvest(Nok) 93,50 2,72 5PbuOcadoGroup PLC(Gb) 244,40 2,32 6FinCommerzbank(D) 11,71 2,24 7FinSwissLife Hld(Ch) 217,30 1,93 8InfLogitechIntl S.A.(Ch) 13,55 1,92 9PbuICAGruppen AB(S) 288,00 1,40 10MatNorsk Hydro(Nok) 36,90 1,31 11TelTelenetGrp Hldg(B) 44,88 1,01 12IndBarratt Develop(Gb) 409,70 0,97 13PbuTnt Express(Nl) 4,51 0,93 14FinBco DeSabadel(E) 2,24 0,80 15FinLloydsBnk Grp(Gb) 75,17 0,72 16IndPandora A/S(Dk) 486,80 0,65 17FinCaixabank(E) 4,31 0,65 18EneGenelEnergy PLC(Gb) 691,00 0,62 19Fin3IGroup(Gb) 388,60 0,58 20FinDanskeBank(Dk) 161,30 0,55 21IndBellway(Gb) 1718,00 0,55 22IndBillerudKorsnas AB(S) 107,00 0,55 23IndTaylorWimpey(Gb) 116,00 0,52 24FinSydbank A/S(Dk) 185,10 0,51 25FinBankinter(E) 6,63 0,51 26SalHikma(Gb) 1869,00 0,50 27FinB.Santander(E) 6,84 0,49 28InfGn Store Nord(Dk) 137,20 0,46 29IndPersimmon(Gb) 1444,00 0,46 30PbuFlughafenZuerich(Ch) 598,00 0,45 31TelUnitedInternet(D) 30,83 0,45 32InfAirbus Group(Nl) 45,91 0,42 33FinUnicredit(I) 5,53 0,37 34SalGrifols(E) 31,91 0,36 35PbuEasyjet(Gb) 1460,00 0,36 36FinMediobanca(I) 6,84 0,35 37FinAshteadGroup(Gb) 1019,00 0,34 38PbuDixons Carphone(Gb) 393,10 0,34 39FinRoyalBank Sco(Gb) 365,30 0,34 40SalShire(Gb) 4164,00 0,33 41PbuIntrumJustitia AB(S) 216,20 0,30 42FinJyskeBank A/S(Dk) 317,00 0,29 43FinGt PortlandE(Gb) 675,00 0,29 44TelIliad(F) 177,50 0,28 45FinStorebrand(Nok) 34,06 0,28 46FinNatixis(F) 5,36 0,27 47BvoLagardereS.C.A.(F) 19,10 0,27 48InfArmHoldings(Gb) 838,50 0,27 49IndBerkeley(Gb) 2277,00 0,27 50FinCs GroupAg(Ch) 24,97 0,26 51MatHeidelbergcement(D) 53,47 0,26 52InfEricsson B(S) 85,75 0,26 53SalActelionHldg(Ch) 113,50 0,25 54FinUBI Banca(I) 5,85 0,25 55IndSeadrill(Gb) 150,60 0,24

56IndUpm-KymmeneOy(Fl) 12,36 0,24 57InfIngenico(F) 79,40 0,24 58FinSociete Generale(F) 37,17 0,24 59FinClose Bros(Gb) 1430,00 0,24 60BpnBritvic(Gb) 659,50 0,24 61PbuHome Retail (Gb) 180,30 0,24 62IndSubsea7(Lu) 74,30 0,24 63FinBaloiseHld(Ch) 119,90 0,23 64EneNeste Oil(Fl) 16,77 0,23 65FinSchroders(Gb) 2331,00 0,23 66BvoItv(Gb) 200,50 0,23 67PbuSports(Gb) 640,50 0,23 68PbuRightmove(Gb) 2123,00 0,23 69PbuAdecco(Ch) 63,55 0,22 70FinBbva(E) 8,69 0,22 71PbuEurotunnel(F) 9,84 0,22 72PbuHowden Join(Gb) 336,60 0,22 73IndPhilipsKon(Nl) 21,76 0,22 74IndKoninklijke(Nl) 41,88 0,21 75IndStoraEnso R(Fl) 6,46 0,20 76SalEurofinsScientific(F) 190,90 0,20 77BpnBooker(Gb) 137,10 0,20 78TelZiggo(Nl) 38,74 0,20 79FinDnb(Nok) 123,50 0,20 80IndSika(Ch) 3460,00 0,19 81SalColoplastB(Dk) 501,50 0,19 82IndValeo(F) 88,28 0,19 83IndMondi(Gb) 1037,00 0,19 84FinHargreaves Ls(Gb) 966,50 0,19 85IndSmurfitKappa(Irl) 16,19 0,19 86Telfreenet(D) 20,80 0,18 87PbuDistribuidora Inte Alim(E) 4,97 0,18 88IndKingspan Group(Irl) 12,15 0,18 89PbuRyanair Hldgs(Irl) 7,46 0,18 90FinSeb A(S) 93,45 0,18 91IndHEXPOLAB Class B(S) 638,00 0,18 92TelWirecard(D) 28,16 0,17 93PbuNext(Gb) 6430,00 0,17 94BvoWhitbread(Gb) 4313,00 0,17 95FinJupiterFund(Gb) 346,80 0,17 96IndJm(S) 232,40 0,17 97PbuBpost(B) 19,25 0,16 98FinMapfre(E) 2,69 0,16 99FinAberdeenAM(Gb) 421,70 0,16 100FinSt.James's Place(Gb) 712,50 0,16 101IndSmith(Gb) 256,10 0,16 102IndTrelleborg(S) 124,80 0,16 103SalLonza(Ch) 115,80 0,15 104FinDeutscheWohnen(D) 17,56 0,15 105IndSymriseAg(D) 44,28 0,15 106SalSonovaHld(Ch) 149,30 0,14 107IndEMS-ChemieHld(Ch) 345,75 0,14 108FinJulius Baer(Ch) 41,14 0,14 109SalNovo Nordisk(Dk) 271,40 0,14 110FinProvidentFincl(Gb) 2123,00 0,14 111EnePremier Oil(Gb) 259,10 0,14 112TelJazztel(Gb) 12,75 0,14 113IndHusqvarna(S) 54,15 0,14


la classifica di piazza affarititolo codice ten capital beta

isin mlnÁ prosptitolo codice ten capital beta

isin mlnÁ prosp

1 Eni IT0003132476 ¬ 60256 0,812 Enel IT0003128367 ¬ 37221 1,173 Intesa Sanpaolo 36900

Ordinarie IT0000072618 ¬ 35060 1,60Risparmion.c. IT0000072626 ¬ 1840 1,52

4 UniCredit 33692Ordinarie IT0004781412 ¬ 33672 1,76Risparmion.c. IT0004781420 ¬ 20 0,74

5 Generali IT0000062072 v 25576 1,136 Luxottica IT0001479374 v 19545 0,347 Tenaris LU0156801721 u 17500 0,768 TelecomItalia 16200

Ordinarie IT0003497168 v 11981 1,14Risparmion.c. IT0003497176 v 4219 —

9 Atlantia IT0003506190 ¬ 15359 —10 Snam IT0003153415 ¬ 13608 0,5811 Fiat ChryslerAuto NL0010877643 v 10697 —12 EnelGreen Power IT0004618465 ¬ 9509 —13 CNHIndustrial NL0010545661 v 8672 —14 Exor IT0001353140 v 8171 —15 TERNA IT0003242622 ¬ 7681 —16 Mediobanca IT0000062957 v 6004 1,6917 Fondiaria-Sai 5765

Ordinarie IT0004827447 ¬ 4698 0,61Risparmion.c. IT0004827454 ¬ 290 0,29Risparmio IT0004827488 ¬ 777 —

18 Saipem 5385Ordinarie IT0000068525 u 5385 1,27Risparmio IT0000068533 ¬ —

19 UBIBanca IT0003487029 ¬ 5287 1,7120 Pirelli& C. 5177


21 STMicroelectr. NL0000226223 ¬ 5073 0,8522 ParmalatS.p.a. IT0003826473 u 4422 —23 Finmeccanica IT0003856405 ¬ 4276 1,0524 BancoPopolare IT0005002883 ¬ 4059 1,8025 Mediolanum IT0001279501 ¬ 3980 1,7126 MontePaschi IT0004984842 u 3518 n.s.27 Campari IT0003849244 v 3268 0,5228 Lottomatica IT0003990402 ¬ 3149 —29 Mediaset IT0001063210 u 3137 1,6230 SalvatoreFerragamo IT0004712375 u 3065 —31 Hera IT0001250932 v 3039 0,5832 Prysmian IT0004176001 ¬ 3026 —33 Recordati IT0003828271 v 2862 0,3434 B.caPop. Emilia Rom. IT0000066123 ¬ 2805 1,7535 AzimutHolding IT0003261697 ¬ 2738 —36 Moncler IT0004965148 ¬ 2601 —37 Unipol 2566

Ordinarie IT0004810054 ¬ 1637 0,96Privilegiate IT0004810062 ¬ 929 1,19

38 B.caPop. Milano IT0000064482 ¬ 2536 1,5939 A2A IT0001233417 v 2479 1,3340 FinecoBank IT0000072170 ¬ 2475 —41 Banca Generali IT0001031084 v 2456 —42 De'Longhi IT0003115950 v 2263 0,7543 Tod's IT0003007728 ¬ 2173 0,5244 BuzziUnicem 2059


45 Acea IT0001207098 v 2014 0,9046 BBBiotech CH0038389992 ¬ 2007 0,38

47 CREDEM IT0003121677 u 2003 1,1748 Sias IT0003201198 ¬ 1817 0,8549 AnsaldoSts IT0003977540 ¬ 1795 —50 Brembo IT0001050910 ¬ 1757 0,8751 Diasorin IT0003492391 v 1727 —52 WorldDuty Free IT0004954662 u 1713 —53 Italcementi IT0001465159 ¬ 1553 1,3854 B.caPop. Sondrio IT0000784196 u 1412 1,1255 Danieli 1372

Ordinarie IT0000076502 u 775 0,96Risparmion.c. IT0000076486 ¬ 596 0,88

56 Erg IT0001157020 ¬ 1330 0,9857 Autogrill IT0001137345 u 1298 0,8158 BeniStabili IT0001389631 ¬ 1255 1,0159 IndesitCompany IT0000076197 v 1253 0,9360 AnimaHolding IT0004998065 ¬ 1196 —61 Ima IT0001049623 v 1147 0,4962 InterpumpGr. IT0001078911 v 1145 0,6563 Salini Impregilo 1135

Ordinarie IT0003865570 u 1119 0,92Risparmion.c. IT0003865588 u 17 0,18

64 Iren IT0003027817 ¬ 1135 1,5765 EI TOWERS IT0003043418 ¬ 1132 —66 Fincantieri IT0001415246 ¬ 1120 —67 BrunelloCucinelli IT0004764699 ¬ 1092 —68 Amplifon IT0004056880 ¬ 1053 0,6269 YOOXS.P.A. IT0003540470 ¬ 902 —70 Cr.Valtellinese IT0000064516 ¬ 899 1,6571 Cerved IT0005010423 ¬ 878 —72 Marr IT0003428445 v 871 —73 Sorin IT0003544431 ¬ 860 —74 AutoTo-Mi IT0000084027 ¬ 854 0,8475 Piaggio IT0003073266 v 793 —76 B.caCarige 782

Risparmio IT0003308878 ¬ 3 0,74Ordinarie IT0003211601 u 779 1,38

77 Saras IT0000433307 ¬ 760 —78 B.caIfis IT0003188064 u 753 —79 Cementir IT0003126783 ¬ 748 1,1380 SAVE IT0001490736 u 707 —81 SafiloGroup IT0004604762 ¬ 687 —82 CattolicaAss IT0000784154 u 652 0,9083 Cir IT0000080447 ¬ 650 1,0784 Italmobiliare 627

Ordinarie IT0000074598 u 417 1,09Risparmion.c. IT0000074614 ¬ 211 1,10

85 Geox IT0003697080 ¬ 605 —86 Vittoria Ass. IT0000062882 u 585 0,6187 Sol IT0001206769 ¬ 559 0,3888 B.caIntermobil. IT0000074077 ¬ 544 0,1789 Astaldi IT0003261069 ¬ 539 1,1190 Reply IT0001499679 u 531 0,5191 Datalogic IT0004053440 v 515 0,4292 MaireTecnimont IT0004931058 ¬ 493 —93 EngineeringI.I. IT0003029441 ¬ 478 0,3994 ZignagoVetro IT0004171440 v 477 —95 IGD IT0003745889 ¬ 469 —96 RCS Mediagroup IT0004931496 u 454 1,0897 Dea Capital IT0001431805 v 453 0,4098 Ascopiave IT0004093263 ¬ 430 —99 CairoComm. IT0004329733 ¬ 412 0,91

100 Tamburi Investi. IT0003153621 v 356 —101 Gr.L'Espresso IT0001398541 u 349 1,16


la classifica di piazza affarititolo codice ten capital beta

isin mlnÁ prosptitolo codice ten capital beta

isin mlnÁ prosp

102 Esprinet IT0003850929 v 328 1,52103 IVSGroup LU0556041001 u 312 —104 Nice IT0003317945 u 312 —105 CTIBiofarma US12648L1061 ¬ 303 —106 B.coDesio 289

Ordinarie IT0001041000 ¬ 289 1,07Risparmion.c. IT0001281374 u 0,36

107 FalckRen. IT0003198790 ¬ 284 0,86108 Cofide IT0000070786 ¬ 274 0,96109 Sogefi IT0000076536 u 247 0,88110 FNM IT0000060886 ¬ 243 1,14111 FieraMilano IT0003365613 ¬ 238 0,75112 RomaA.S. IT0001008876 u 234 0,34113 Moleskine IT0004894900 u 230 —114 Aeffe IT0001384590 v 230 —115 Caltagirone IT0003127930 ¬ 226 0,69116 B.caProfilo IT0001073045 ¬ 224 1,00117 Juventus IT0000336518 ¬ 221 0,64118 DeLclima IT0004772502 v 217 —119 Biesse IT0003097257 v 212 1,17120 VianiniLav. IT0003127864 u 208 0,60121 TreviFin. IT0001351383 u 200 1,18122 La Doria IT0001055521 v 196 0,57123 Sesa IT0004729759 v 195 —124 MutuiOnline IT0004195308 u 185 —125 D'Amico LU0290697514 u 177 —126 Immsi IT0001413837 ¬ 171 0,68127 Cembre IT0001128047 ¬ 171 0,44128 Risanamento IT0001402269 u 168 0,58129 Mondadori IT0001469383 u 163 1,07130 Bon.Ferraresi IT0000074135 ¬ 162 neg.131 Gasplus IT0004098510 u 161 —132 B.caFinnat IT0000088853 ¬ 154 0,90133 Sabaf IT0001042610 ¬ 149 0,54134 KmeGroup 145

Ordinarie IT0004552359 ¬ 116 0,66Risparmion.c. IT0004552367 ¬ 29 0,60Risparmio IT0004867930 ¬ —

135 BasicNet IT0001033700 v 144 0,31136 PrimaIndustrie IT0003124663 ¬ 139 0,86137 Snai IT0000074903 u 138 1,46138 Prelios IT0004923022 u 135 1,01139 Valsoia IT0001018362 ¬ 134 —140 ce IT0004967292 ¬ 127 —141 SaesGetters 125


142 SAT IT0000214293 ¬ 124 —143 Aeroporto Firenze IT0000346798 ¬ 121 n.s.144 CaltagironeEdit. IT0001472171 ¬ 120 0,71145 AlerionCleanp. IT0004720733 ¬ 119 0,38146 Emak IT0001237053 ¬ 114 0,72147 B.caPop. Etruria Lazio IT0004919327 u 114 1,39148 LandiRenzo IT0004210289 ¬ 113 —149 Servizi Italia IT0003814537 ¬ 110 —150 MolecularMedicine IT0001080248 ¬ 109 —151 Mittel IT0001447348 u 109 0,39152 El.En. IT0001481867 ¬ 106 0,74153 Reno De Medici IT0001178299 u 103 1,00154 Elica IT0003404214 ¬ 101 —155 TelecomItalia Media 99


156 Txte-solutions IT0001454435 ¬ 94 0,59157 Edison IT0003372205 ¬ 94 0,29157 Damiani IT0004249329 u 93 —158 Pininfarina IT0003056386 ¬ 92 0,83159 Retelit IT0004370463 ¬ 90 0,64160 Acsm-Agam IT0001382024 u 86 1,07161 Carraro IT0001046553 ¬ 80 1,19162 Piquadro IT0004240443 u 80 —163 Beghelli IT0001223277 u 78 0,88164 Tiscali IT0004513666 u 78 1,20165 ClassEditori IT0001276408 u 76 1,01166 Bolzoni IT0004027279 u 74 —167 Tesmec IT0004585243 ¬ 72 —168 B.coSardegna IT0001005070 u 71 0,11169 EnervitS.p.a. IT0004356751 ¬ 70 —170 Brioschi SviluppoImm. IT0000066180 u 67 0,78171 Kinexia IT0004441603 u 67 0,64172 Ratti IT0004724107 ¬ 66 0,42173 Autos. Merid. IT0000084043 ¬ 65 0,19174 B&C Speakers IT0001268561 ¬ 64 —175 BeeTeam IT0001479523 ¬ 63 1,39176 Acotel IT0001469953 u 61 0,44177 TerniEnergia S.P.A. IT0004359037 ¬ 58 —178 PanariaGroup IT0001467577 ¬ 55 —179 Eurotech IT0003895668 ¬ 55 —180 Isagro 52

Ordinarie IT0001069902 u 35 —Ordinarie IT0005013542 ¬ 17 —

182 Irce IT0001077780 ¬ 52 0,38183 CSPInternational IT0001127874 ¬ 49 0,33184 DigitalBros IT0001469995 v 48 0,49185 Ciccolella IT0000080421 u 45 0,48186 Gefran IT0003203947 u 45 0,72187 Premuda IT0003676282 ¬ 44 0,69188 Monrif IT0000066016 u 44 0,69189 M&C IT0003955009 ¬ 42 —190 MondoTV IT0001447785 u 41 0,64191 Dada IT0001455473 u 40 0,54192 Gabetti IT0005023038 ¬ 39 1,06193 Ambienthesis IT0001042297 ¬ 38 0,58194 S.S. Lazio IT0003621783 v 36 0,36195 Noemalife IT0004014533 ¬ 35 —196 Vianini Ind. IT0003127898 ¬ 35 0,43197 AcquePotabili IT0004269327 ¬ 34 0,76198 CAD IT IT0001489720 u 34 0,56199 Bastogi IT0004412497 ¬ 33 0,32200 Pierrel IT0004007560 ¬ 33 —201 Exprivia IT0001477402 ¬ 33 1,00202 Bialetti Industrie IT0004222102 u 32 —203 Borgosesia 32

Ordinarie IT0003217335 v 32 neg.Risparmion.c. IT0003217368 ¬ —

204 PoligraficiEditoriale IT0000086923 ¬ 30 0,63205 CentraleLatte To IT0003023980 ¬ 28 0,87206 IlSole24 Ore IT0004269723 ¬ 27 —207 K.R.Energy IT0004841315 ¬ 26 0,67208 Stefanel 24

Ordinarie IT0004607518 ¬ 24 0,84Risparmio IT0004607526 ¬ —

209 Grandi Viaggi IT0001244026 ¬ 24 0,71210 CapeListed IT0005025496 ¬ 24 —211 CIA IT0003389522 u 21 0,30212 Ricchetti IT0003690283 u 20 0,69


la classifica di piazza affari

213 Zucchi 20Ordinarie IT0000080553 u 20 1,11Risparmion.c. IT0000080561 ¬ 1 —

214 SeatPagine Gialle 19Risparmio IT0004458151 u 1 —Ordinarie IT0004458094 ¬ 18 —

215 Fullsix IT0001487047 u 19 0,12216 BestUnion Company IT0004273915 ¬ 18 —217 Tas IT0001424644 ¬ 18 0,73218 Caleffi IT0003025019 ¬ 18 —219 EuKedos IT0004818297 u 18 —220 BiancamanoS.p.a. IT0004095888 u 17 —221 Mediacontech IT0004991490 ¬ 17 0,99222 Aedes IT0000074028 u 16 1,13223 ROSSS IT0004297575 u 15 —224 Fidia IT0001498481 ¬ 14 0,63225 Ergy IT0004370448 u 14 —226 Le BuoneSocietà IT0005013013 ¬ 12 0,52227 ConafiPrestitò IT0004105653 ¬ 12 —228 Olidata IT0001350625 u 12 0,85229 ItWay IT0003057624 u 11 0,19230 Industria e Innovazione IT0004179088 ¬ 11 —231 Chl IT0001446613 u 10 0,82232 Bioera IT0004711203 ¬ 8 —233 EEMS IT0001498234 u 8 —234 Meridie IT0004283807 u 5 —235 DmailGroup IT0004819030 ¬ 3 1,16236 Sintesi IT0004659428 ¬ 3 0,97237 Investimentie Sviluppo IT0004942915 ¬ 3 1,00238 MovieMax IT0003765267 u 3 —239 Cdc IT0001477337 ¬ 0 —

240 Pol.S.Faustino IT0001352217 u 0 0,59241 SSBT IT0003745129 u 0 —242 Arena IT0001347175 ¬ 0 —243 Crespi IT0001054904 ¬ 0 —244 NOVA RE IT0001162509 ¬ 0 —245 BoeroB. IT0000066966 u 0 —246 CogemeSet IT0004092216 ¬ 0 —247 AiònRenew. IT0003926661 ¬ 0 —248 B.caPop. Spoleto IT0001007209 ¬ 0 —

TOTALE 490409

titolo codice ten capital betaisin mlnÁ prosp

titolo codice ten capital betaisin mlnÁ prosp

I dati sono riferiti alla chiusura di giovedì. fonte: Ufficio Studi - Dati di tendenza forniti da FTA


l’elite delle borse mondiali elaborazione Ufficio Studi de Il Sole-24Ore su dati

1 Apple Inc(USA) 409637,42 368,21 6,272 Exxon Mobil(USA) 258299,59 56,33 2,613 Microsoft Cp(USA) 253119,36 100,41 5,654 Google Inc(USA) 239793,40 141,37 4,765 Berkshre Cl B(USA) 225839,88 150,94 1,756 Roche Holding Ag(CH) 203540,82 77,95 12,597 Novartis(CH) 200891,52 67,26 3,318 Johnson Johnson(USA) 195435,67 116,29 4,739 Nestle Sa(CH) 188780,54 46,14 3,60

10 Royal Dtch Shl(NL) 178770,77 36,25 1,3311 Wells Fargo & Co(USA) 178172,57 133,85 2,0112 General Elec Co(USA) 166226,91 113,32 2,2813 Toyota Motor C(JP) 162486,75 90,17 1,4914 Wal-Mart Stores(USA) 160653,73 80,64 3,4615 Hsbc Holdings(GB) 154963,74 -5,39 1,1216 Procter & Gamble(USA) 154301,31 75,47 4,1017 Jpmorgan Chase(USA) 146667,15 66,18 1,2718 Chevron(USA) 142611,97 80,66 1,6919 Ab Inbev(B) 141348,40 170,31 3,8420 Verizon Comms(USA) 134031,71 119,14 4,1121 Facebook(USA) 133850,48 — 13,4622 Pfizer Inc(USA) 122214,70 110,42 2,9323 Coca-Cola Co(USA) 118905,91 85,44 6,3024 Bank Of America(USA) 116995,79 36,63 0,9225 At&T(USA) 116171,10 60,49 2,2326 Oracle(USA) 111709,14 119,70 4,2027 Merck & Co(USA) 110253,69 117,11 4,0128 Total(F) 110081,69 9,84 1,4429 Citigroup(USA) 105002,33 58,62 0,9130 Intel Corp(USA) 104730,71 113,06 3,2631 Gilead Sci(USA) 102989,97 455,74 14,6032 Intl Bus Machine(USA) 102752,72 56,72 8,5233 Bp(GB) 102429,53 -25,03 1,0634 Walt Disney Co(USA) 100224,00 274,10 4,0135 Visa Inc(USA) 99236,92 273,77 6,5436 Sanofi(F) 97280,56 47,30 1,7137 Bayer(D) 94106,66 137,08 4,5438 Pepsico Inc(USA) 93038,25 88,65 6,8439 Comcast Corp A(USA) 91015,30 362,51 3,1640 Philip Morris(USA) 89620,26 120,26 —41 Glaxosmithklin(GB) 88996,65 17,70 9,9142 Amazon Com(USA) 88087,80 193,10 15,4743 Brit Am Tobacc(GB) 85026,24 83,37 10,1944 Qualcomm Inc(USA) 83018,08 109,89 4,1445 Home Depot Inc(USA) 82712,25 345,52 12,0946 Cisco Systems(USA) 82621,59 25,30 2,5347 Royal Bk Can(CAN) 82073,36 46,22 2,6748 B. Santander(E) 81926,62 -35,95 1,0349 Volkswagen Pref.(D) 81804,13 152,46 0,9550 Siemens(D) 80606,08 47,87 2,6751 Schlumberger Ltd(USA) 79788,64 76,98 3,5952 Amgen(USA) 77571,93 250,57 6,0153 Astrazeneca(GB) 74387,17 71,02 4,1454 Sabmiller(GB) 72533,16 115,03 3,5455 Toronto Dom Bk(CAN) 72188,76 72,78 2,1856 Vodafone Group(GB) 70460,18 47,72 0,7857 Lloyds Bnk Grp(GB) 70388,79 39,81 1,4258 L Oreal(F) 70047,37 75,88 3,3759 Inditex(E) 68052,09 157,24 7,3660 Lvmh(F) 68042,21 87,89 2,53

61 Daimler(D) 66864,84 91,37 1,5362 Union Pacific Cp(USA) 66407,26 357,65 5,6163 Sap(D) 66216,38 69,79 3,9964 Cvs Caremark Crp(USA) 64359,54 261,33 3,1265 Basf(D) 64164,93 84,47 2,3766 3M Company(USA) 64013,45 145,97 6,6767 Abbvie(USA) 63869,57 — 24,3968 Mastercard Cl A(USA) 63605,95 345,23 15,4069 United Tech Cp(USA) 63131,96 96,60 3,4170 Altria Group(USA) 63089,70 217,68 31,9271 United Parcel B(USA) 63031,16 135,41 17,3572 Mitsub Ufj Fg(JP) 62972,69 30,97 0,7173 Bnp Paribas(F) 61892,90 -8,64 0,7774 Bristol Myers Sq(USA) 61537,66 206,36 7,6075 Amer Express Co(USA) 61354,42 191,95 5,7176 Eni(I) 59782,35 -4,53 1,0277 Unitedhealth Gp(USA) 59722,68 304,86 3,3678 Mcdonald'S Corp(USA) 59095,41 83,52 6,7479 Diageo(GB) 58239,07 81,75 6,4680 Allianz(D) 57901,90 60,85 1,1581 Bk Nova Scotia(CAN) 57365,70 42,82 2,0182 Boeing Co(USA) 56821,61 197,55 7,0283 Ntt Docomo(JP) 56280,79 41,93 1,3684 Royal Bank Sco(GB) 55863,48 8,72 0,8185 Japan Tobacco(JP) 55687,45 223,27 2,8986 Conocophillips(USA) 55189,36 110,36 1,8287 Goldm Sachs Grp(USA) 55153,01 30,52 1,3788 Telefonica(E) 54589,54 -37,51 2,5689 Deutsche Telek(D) 54585,60 26,68 2,2090 Ntt(JP) 54481,46 82,55 0,9091 Celgene Corp(USA) 53885,30 383,71 13,8992 Rio Tinto(GB) 53867,10 3,97 1,9993 Bmw(D) 53846,29 155,80 1,5594 Unilever NV(NL) 53216,57 51,10 6,1595 Ubs Ag(CH) 53117,79 -1,01 1,3196 Glencore(GB) 52977,78 — 1,3797 H & M B(S) 52796,23 37,25 10,7598 Nike Inc Cl B(USA) 52335,11 248,60 8,7499 Bbva(E) 51706,07 -23,64 1,19

100 Us Bancorp(USA) 50122,01 116,36 2,41101 Barclays(GB) 49942,08 -22,46 0,72102 Honeywell Intl(USA) 48573,89 206,72 4,82103 Biogen Idec(USA) 48418,47 758,21 9,84104 Amer Intl Group(USA) 48305,50 94,83 0,86105 Twenty First C. Fox(USA) 48057,92 293,97 5,24106 Eli Lilly(USA) 47857,28 131,96 4,88107 Reckit Bncsr G(GB) 47581,73 71,12 5,87108 Prudential(GB) 47157,40 151,48 3,82109 Kddi(JP) 46298,13 212,56 2,27110 Honda Motor(JP) 45813,80 30,05 1,10111 Gdf Suez(F) 45300,77 -35,21 0,94112 Cdn Ntl Railwy(CAN) 44908,05 186,31 5,13113 Smfg(JP) 44813,15 43,17 0,85114 Ing Groep(NL) 44464,10 55,53 0,96115 National Grid(GB) 44418,83 67,27 2,90116 Axa(F) 44200,23 11,18 0,89117 Bg Group(GB) 44198,97 -7,30 1,79118 Morgan Stanley(USA) 43830,95 28,34 1,19119 Bhp Billiton(GB) 43612,14 -4,74 2,02120 Hewlett-Packard(USA) 43323,08 -11,70 2,81

classifica mondiale delle prime 120 società quotate per capitalizzazionetitolo mktcap var.% prezzo/ titolo mktcap var.% prezzo/

mln diÀ 5anni m.propri mln diÀ 5anni m.propri


quanto rendono i bond

areaeuro3Citycon XS0946179529 BBB 06-20 111,460 1,603Snam XS1019326641 BBB 01-24 114,028 1,591Abinbev BE6243179650 A 09-24 111,750 1,581Eu EU000A1G1Q17 AAA 04-32 127,022 1,584Amcor XS0907606379 BBB 03-23 109,047 1,583OpenGrid Europe XS0942082115 A 06-25 112,433 1,583IntBus XS0991099630 AA 11-25 112,947 1,583Credit Agri Lon XS1028421383 A 02-26 115,704 1,583MondiFin XS0834719303 BBB 09-20 110,030 1,573Bacardi XS0947658208 BBB 07-23 109,454 1,573SpiE&G Aus XS1030143447 A 02-24 112,191 1,571LanxessFinance XS0855167523 BBB 11-22 107,940 1,563Eutelsat FR0011339746 BBB 10-22 111,600 1,551EnbwIntFin XS0207320242 A 01-25 131,070 1,553Mcdonalds XS1004551294 A 12-25 113,347 1,551DeutschePost XS0862952297 A 12-24 112,330 1,543GasNat FenFin XS0875343757 BBB 01-23 117,797 1,541Eib XS0960306578 AAA 09-30 116,860 1,544Origin Finance XS0976223452 BBB 10-21 112,701 1,541Eib XS0083892256 AAA 02-28 148,797 1,531Eib XS0093667334 AAA 02-28 148,797 1,533Tdc XS0752467497 BBB 03-22 115,179 1,533PhilipMorris XS0787527349 A 05-24 111,779 1,533TotalCaptl Int XS0994991411 AA 11-25 113,458 1,533Orang FR0011560077 BBB 01-24 113,545 1,521Heineken Nv XS0758420748 BBB 03-24 117,069 1,523RioTint Finance XS0863127279 A 12-24 112,566 1,524Origin Finance XS0976227016 BBB 10-21 112,782 1,523UrencoFinance XS1032164607 BBB 02-21 105,809 1,522Edf FR0010800540 A 09-24 128,213 1,513Bouygues FR0011332196 BBB 01-23 116,137 1,511Eib XS0505157965 AAA 04-30 134,020 1,513GreatWestLife XS0918600668 A 04-23 107,741 1,513AuPacAirport XS0974122516 A 09-23 113,252 1,513Kpn XS0677389347 BBB 10-21 119,517 1,503EleniaFin XS1005068587 BBB 12-20 107,958 1,501EuropeanFin Sta EU000A1G0BL1 AA 12-29 117,012 1,483Telenor XS0933241456 A 05-25 109,791 1,483Oracle XS0951216166 A 07-25 116,024 1,483Anglo AmericaCa XS0995040051 BBB 11-20 107,948 1,483Wpp XS0995643003 BBB 11-23 112,728 1,483Autostrade XS0193945655 BBB 06-24 139,074 1,473IntesaSanpaolo XS1018032950 BBB 01-22 113,690 1,473TennetHldg XS0593606121 A 02-23 124,442 1,463A2A XS0859920406 BBB 11-19 114,680 1,463AtAndT Inc XS0903433513 A 03-23 108,083 1,463AmericaMovil XS0954302104 A 07-23 114,513 1,461Vattenfall Trsy XS0191154961 A 04-24 134,460 1,453WoltersKluwer XS0907301260 BBB 03-23 111,140 1,453Unicredit XS1014627571 BBB 01-21 110,556 1,451Telekom Austria XS0767278301 BBB 04-22 117,781 1,443Teliasonera XS0746010908 A 02-24 118,883 1,433Smbc XS0937853983 A 07-23 110,652 1,433Hera XS0976307040 BBB 10-21 111,845 1,433SinoGr Ovs 2013 XS0982303785 AA 10-20 106,738 1,433Mcdonalds XS0857662448 A 11-24 108,850 1,423GasNat FenFin XS0914400246 BBB 04-22 117,141 1,423SinoGr Ovs 2013 XS0982303868 AA 10-20 106,754 1,423Casino FR0011052661 BBB 05-21 120,568 1,41

3Oseo FR0011417591 AA 10-25 113,496 1,411De Telekom Intl XS0847580353 BBB 10-24 112,312 1,413EnergaFinance XS0906117980 BBB 03-20 109,383 1,413FerrovDel St It XS0954248729 BBB 07-20 114,045 1,413AeroportiDi Rom XS1004236185 BBB 02-21 110,945 1,411Natixis FR0000583155 AA 06-19 127,791 1,403SuezEnviron FR0011585215 A 10-23 111,177 1,402E.OnInter Fin XS0347908096 A 02-23 132,022 1,403EestiEnergia XS0763379343 BBB 10-18 110,695 1,403FortumOyj XS0825855751 A 09-22 106,193 1,403Iccrea XS0994224672 BB 11-16 103,046 1,402Smbc XS0555833580 A 11-20 114,884 1,393FerrovialEmis XS0940284937 BBB 06-21 112,365 1,393Vier GasTranspt XS0951155869 A 07-23 114,033 1,391GoldmnSachs XS1032978345 BBB 10-21 107,263 1,391DeutAnn Fin DE000A1HRVD5 BBB 10-21 114,630 1,383Snam XS0829190585 BBB 09-22 128,618 1,383Telenor XS0862442331 A 12-24 111,572 1,381AbnAmro Ban XS0937858271 A 11-23 109,430 1,383Sca XS0942094805 BBB 06-23 108,925 1,383Eni XS0951565091 A 07-23 115,134 1,381RweFinance XS0982019126 BBB 01-24 113,806 1,381Telekom Finanz XS0999667263 BBB 12-21 111,628 1,382SiasS.P.A. XS0552569005 BBB 10-20 117,765 1,373Statoil XS0969572204 AA 09-25 114,964 1,373LuxotticaGroup XS1030851791 A 02-24 110,795 1,373Cargill XS1031019562 A 02-23 108,742 1,373Eandis BE0002443183 A 10-23 112,589 1,363Autorts SudFra FR0011394907 BBB 01-23 111,620 1,361DeutschePost XS0977496636 A 10-23 111,595 1,363TescoCorporate XS0992632702 BBB 11-17 99,671 1,36

sterlina inglese4GlaxoCap XS0866588527 A 12-27 99,289 3,411Hammerson XS0184639895 BBB 02-26 123,538 3,414GatwickFunding XS0733794407 BBB 01-24 114,079 3,404GlobalSwitch XS1003373476 BBB 12-22 106,624 3,394Jpmorg Chas XS0866897829 A 12-26 100,989 3,394IntercontHotels XS0859098351 BBB 11-22 103,131 3,393EastJapanRy XS0276809927 AA 12-31 117,118 3,384BatIntl Finance XS0969309847 A 09-26 105,713 3,374GreaterGabbard XS0995413340 A 11-32 107,302 3,324Ncm Hldg XS0627333221 BBB 01-23 113,639 3,293XstrataCan Fin XS0366204393 BBB 05-20 120,433 3,254Bhp BillFin XS0834399635 A 09-24 99,959 3,224SouthernGasNet XS0686570242 BBB 10-23 112,445 3,214Rolls-Royce XS0944831154 A 06-26 101,659 3,174Bae Systems XS0789683462 BBB 06-22 106,336 3,141NedWaterschap XS0130092793 AA 06-32 129,398 3,144MetroLife Globl XS0834641358 AA 09-26 103,633 3,134SiemensFinancrg DE000A1G85C2 A 09-25 96,827 3,074Next XS0630204351 BBB 10-21 114,218 3,053United Utlts Wtr XS0419346977 BBB 03-22 117,328 3,053MarksSpencer XS0471074582 BBB 12-19 114,158 3,034Ge CapitalUk XS0971723233 A 09-23 108,614 2,971Eib XS0114126294 AAA 06-32 135,743 2,951Rabobank XS0758779192 AA 09-22 107,366 2,914MetroLife Globl XS0873675846 AA 01-23 99,753 2,904Scot SthrnEnrgy XS0677073206 A 09-21 108,093 2,904WessexWater Fin XS0731849831 BBB 09-21 106,911 2,85

datial 06.11.2014 codiceisin rating obbligazioneemittente prezzo rend.

scad. indic. effet.


scad. indic. effet.


quanto rendono i bond

1Eib XS0415532273 AAA 06-29 119,090 2,853NtwrkRail Infrt XS0236698972 AA 12-30 119,532 2,821WorldBank XS0113708969 AAA 06-32 139,830 2,811LcrFinance Plc XS0094804126 AA 12-28 119,530 2,811Eib XS0085727559 AAA 12-28 136,577 2,791DtschBahnFin XS0954706023 AA 07-26 103,255 2,771GknHoldings XS0103214762 BB 10-19 118,140 2,761Ebrd XS0091740018 AAA 12-28 132,912 2,754Svenska Hndlsbnk XS0860538379 AA 12-22 100,028 2,724Pepsico XS0849673602 A 11-22 98,442 2,713NatlAust Bank XS0472503589 AA 12-21 115,378 2,691Eib XS0768478868 AAA 12-27 111,692 2,663Johnson&Johnson XS0329524457 AAA 11-24 124,483 2,651Raiffeisen XS0577372476 AA 01-21 111,680 2,531Ge CapitalUk XS0463588052 A 11-20 118,461 2,493SouthernWtr Srv XS0415065399 BBB 03-19 114,879 2,481Eib XS0110373569 AAA 04-25 127,180 2,484Svenska Hndlsbnk XS0995970893 AA 11-20 103,061 2,45

dollaro usa4China ResLand XS1039273666 BBB 02-24 110,705 4,571RioTinto Aln US013716AQ81 A 03-31 130,579 4,571Vodafone Grp US92857TAH05 BBB 02-30 136,118 4,561VerizonComms US92343VBS25 BBB 09-33 123,170 4,554Banco Do Brasil US05958AAJ79 BBB 10-22 95,503 4,554ConsorcioTrans USP3083SAC90 BBB 05-23 98,875 4,534Cielo USP28610AA46 BBB 11-22 94,750 4,531EmbraerOverseas USG30376AB69 BBB 09-23 108,361 4,534Brf USP1905CAD22 BBB 05-23 96,029 4,511PetrobrasIntl US71645WAP68 BBB 01-20 105,656 4,514China Taiping Ne XS0979772596 BBB 10-23 111,138 4,474Pertamina USY7138AAC46 BB 05-22 102,550 4,474China Overseas 2 XS0996662853 BBB 01-19 102,565 4,4441MdbGlobal XS0906085179 A 03-23 99,703 4,444CiaMinera Milpo USP67848AA22 BBB 03-23 101,344 4,434NanFung XS0831371264 BBB 09-22 100,487 4,424Alpek USP01703AB65 BBB 08-23 106,837 4,424Indianoil XS0955024236 BBB 08-23 109,714 4,394China Ovrs Fin V XS0852986156 BBB 11-22 96,934 4,394KmgFinance Sub US48667QAF28 BBB 04-21 111,000 4,381RioTinto Aln US013716AU93 A 12-33 122,380 4,384LsFinance XS0841191991 BBB 10-22 99,245 4,363KmgFinance Sub US48667QAE52 BBB 05-20 112,750 4,364InversinesCmpc USP58073AA84 BBB 04-22 100,929 4,351Alltel US020039DC48 BBB 07-32 143,053 4,354Boc Aviation XS0925008533 BBB 05-23 100,243 4,344Turkiye Vakiflar XS0987355939 BBB 10-18 102,450 4,324Edp Finance XS1014868779 BB 01-21 105,083 4,304FransBril XS0955717946 BB 10-18 103,850 4,301Pacific Lifecorp USU69452AA58 BBB 09-33 129,351 4,301ColonialPipelin USU19571AC99 A 04-32 140,501 4,301BayerCorp USU07229AB00 A 02-28 123,705 4,284CosFin 2011 XS0858461758 A 12-22 98,124 4,274GloboComunicaco USP47773AL38 BBB 04-22 103,857 4,264PlnPersero US71568QAA58 BB 11-21 107,479 4,251NwCngulrWrles US00209AAF30 A 03-31 152,494 4,251GlencoreFndg XS0938722666 BBB 05-23 99,130 4,243Telekom Malaysia USY8578HAC44 A 08-25 130,978 4,244Turkiye Halk Bk US900150AB97 BBB 02-20 98,316 4,231NyLife Ins USU64952AC52 AA 05-33 121,071 4,22

4Turkiye Vakiflar US90015WAB90 BBB 10-18 102,798 4,224Calidda USP47113AA63 BBB 04-23 101,090 4,214BhartiArtl Nthr USN1384FAA32 BBB 03-23 106,344 4,211Highmark USU43236AB14 BBB 05-21 103,064 4,201NatlRuralUtils US637432CT02 A 03-32 146,355 4,20

fonte: Ufficio Studi su dati Thomson Reuters


scad. indic. effet.


scad. indic. effet.


bond bancari a cura di

IT0005057648 Mps43 14-18 1.25% Fisso 1.25 30 14/11/2014 14/11/2018 Si BBB 276 1,25 1,06IT0005056186 Veneto Bca 14-174% Fisso 4 150 18/11/2014 18/11/2017 Si BB — 4,04 0,85IT0005056509 CaRisp S Miniato Sub 14-213.20% Fisso/Sub 3.2 30 18/11/2014 18/11/2021 No — 3,23 1,85IT0005055956 Mediob.14-21 EuroStoxx 50Linked IndexLinked EuroStoxx 50/CapVariabile 300 20/11/2014 20/05/2021 No BBB 89 — —IT0005059263 UbiBca 14-19 0.70%Step-Up Step-Up 0,70/1,50 200 28/11/2014 28/11/2019 No BBB- 104 1,04 1,3IT0005059313 UbiBca 14-16 0.70% Fisso 0.7 200 28/11/2014 28/11/2016 No BBB- 104 0,7 0,69IT0005059321 UbiBca 14-17 0.80% Fisso 0.8 90 28/11/2014 28/05/2017 No BBB- 104 0,8 0,77IT0005059339 UbiBca 14-17 1.30% Fisso 1.3 5 28/11/2014 28/05/2017 No BBB- 104 1,31 0,77IT0005066318 BcoPop 47114-19 1.50%Step-Up (Tv) TassoMisto 1,50/1,55/Euribor3m+0,45/Cap1,90% 250 01/12/2014 01/12/2019 No BBB 161 0,94 1,3IT0005058778 BcaPop Pugliese14-17 1.15% Fisso 1.15 30 12/12/2014 12/12/2017 No — 1,15 0,89IT0005058828 BcaPop Pugliese14-18 2% (Tv) TassoMisto 2/Euribor6m+1 30 12/12/2014 12/12/2018 No — 1,76 1,06IT0005058877 BcaPop Pugliese14-17 1.25% Fisso 1.25 30 12/12/2014 12/12/2017 No — 1,25 0,89IT0005058414 Veneto Bca 14-162% Fisso 2 100 16/12/2014 16/12/2016 Si BB — 2,01 0,71IT0005055071 BcaImi 14-201.80% Step-UpUsd Step-Up 1,80/3,00 320 23/12/2014 23/12/2020 Si BBB — 2,39 —IT0005059362 BcaImi 14-191.50% Step-UpUsd Step-Up 1,50/3,00 120 24/12/2014 24/12/2019 Si BBB — 2,07 —IT0005059610 BcaImi 14-202.10% (Tv) Usd TassoMisto 2,1/Libor3m/Cap3,25%/Floor 2% 70 24/12/2014 24/12/2020 Si BBB — 2,05 —IT0005066136 Intesa Sanpaolo14-19Tv Variabile Euribor3m+0,55 100 24/12/2014 24/12/2019 Si BBB 85 0,64 1,3IT0005059438 B.P.CommInd 14-170.80%Step-Up Step-Up 0,80/1,15 5 31/12/2014 31/12/2017 No — 0,95 0,89

EMISSIONI"RETAIL" IN COLLOCAMENTO CON TAGLIO MINIMO INFERIORE A 50MILA EUROisin obbligazione tipologia tasso amm inizio dataquotratng cds rend rend

tasso(1) mln godimento scadenza (3) (4) 5anni lordo stato(2) (5) scad (6)

LEGENDA1 Tipologia Tasso: Oltre a tasso fisso o variabile l’obbligazione può avere una struttura con Tasso Misto che passa da tasso fisso a variabile o viceversa; Subobbligazionisubordinateperlequali ipossessorisonosoddisfattisuccessivamenteaglialtricreditori incasodi liquidazionedell’enteemittente;Capobbligazio-neconunrendimentomassimo;Floorobbligazioneconunrendimentominimo;Callobbligazioneconfacoltàdirimborsoanticipatodapartedell’emittente;Putobbligazione con facoltà di rimborso anticipato da parte del possessore; le obbligazioni step down/step up corrispondono al possessore cedole decrescen-ti/crescentinelcorsodellavitadeltitoloinbaseaunaserieditassidi interessepredeterminatinelregolamentodiemissione,nellacolonnatassovieneindicatoilprimoel’ultimotasso annuo;per le tassovariabile ilparametropiù lospread2Ammontare: Dati inmilionidi euro3Quotazione: Impegnodell’emittente aquotare il titolo suunmercato regolamentatooMtfriportatonellecondizioni definitivedell’offerta.4Rating:Rating assegnatodaStandard&Poor, Moody'so Fitch.5 Cds: I Credit Default Swap sono contratti bilaterali in cui un soggetto (protection buyer), a fronte di pagamenti periodici effettuati a favore della controparte(protection seller), si protegge dal rischio di credito associato ad un determinato sottostante (reference asset), che può essere costituito da una specificaemissione, da un emittente o da un intero portafoglio di strumenti finanziari. I Cds rappresentano una copertura contro l’insolvenza in caso di default di unemittente.Maggiore ilvaloredel Cds,maggioreè il rischio dicreditopercepito.6Rendimento Titolo diStato: Rendimento effetivolordo di untitolodi Stato italiano(BTp/CcT)di similaredurataresidua.


inflation linked a cura di

BTpItaliaIT0004806888 mar-16 2,45% 102,44 0,58 0,64 1,0006IT0004821432 giu-16 3,55% 104,50 0,56 0,72 1,0011IT0004863608 ott-16 2,55% 103,47 0,80 0,96 0,9995IT0004917958 apr-17 2,25% 103,53 0,83 1,12 0,9995IT0004969207 nov-17 2,15% 103,84 0,88 1,29 1,0017IT0005012783 apr-20 1,65% 102,29 1,19 2,01 0,9994IT0005058919 ott-20 1,25% 100,64 1,16 2,04 0,9992BTplegati all'inflazione europeaIT0004682107 set-16 2,10% 103,64 0,59 0,86 1,06887IT0004085210 set-17 2,10% 105,40 0,60 0,99 1,16041IT0004380546 set-19 2,35% 109,45 0,75 1,32 1,10526IT0004604671 set-21 2,10% 108,81 1,13 1,98 1,08172IT0004243512 set-23 2,60% 110,37 1,57 2,66 1,00339

IT0004735152 set-26 3,10% 117,28 1,84 3,06 1,05885IT0003745541 set-35 2,35% 107,80 2,23 3,73 1,19358IT0004545890 set-41 2,55% 105,95 2,59 4,15 1,08479BTpIT0004840788 lug-15 4,50% 102,82 0,34 16IT0004761950 set-16 4,75% 107,55 0,63 43IT0004867070 nov-17 3,50% 107,88 0,82 56IT0004489610 set-19 4,25% 114,27 1,19 83IT0004594930 set-20 4,00% 114,29 1,43 97IT0004695075 set-21 4,75% 119,15 1,76 122IT0004848831 nov-22 5,50% 125,05 2,09 147IT0004644735 mar-26 4,50% 118,03 2,66 163IT0003934657 feb-37 4,00% 108,36 3,49 181IT0004532559 set-40 5,00% 121,77 3,72 217

BTPREALI E NOMINALI A CONFRONTOtitolidistato inflationlinked a confronto coni piùtradizionali btp a tasso fisso.dati al06.11.2014isin scadenza cedola prezzo rendim rendim index isin scadenza cedola prezzo rendim asw

ascad. (1) swil (2) ratio(3) ascad.(1) spread(4)

GUIDAALLA LETTURALe due tipologie di BTp inflation linked sono prodotti che rispetto ai normali BTp nominali, oltre a prevedere il rimborso del valore nominale a scadenza,offrono unrendimento indicizzato all'andamento del costo della vita. In particolare i BTp Italia è un titolo indicizzato all'inflazione italiana (indice Foi dei prezzi al consumo),mentre i BTpEi in circolazione sono agganciati all'inflazione dell'area euro. I BTp Italia retrocedono l'inflazione insieme alla cedola, ogni sei mesi. I BTp legatiall'inflazione area euro, invece, riconoscono tutta la rivalutazione legata alla crescita del carovita a fine periodo. Pertanto, a differenza dei BTpEi che rimborsano ascadenzailvalorenominalerivalutato,moltiplicandoilcapitalenominalesottoscrittoperilcoefficientediindicizzazione, ilBTpItaliarimborsainun'unicasoluzionea scadenza soltanto il valore nominale (100) che non viene cioè aggiustato per l'inflazione del periodo. La remunerazione semestrale offerta dal BTp Italia è paridunque alla somma tra la cedola aggiustata per l'inflazione più la rivalutazione del capitale. Inoltre, a differenza dei BTpEi, che prevedono una protezione dalladeflazione (variazione percentuale negativa dei prezzi) o floor sul capitale e soltanto a scadenza, il BTp Italia offre una protezione anche sulle cedole, venendocomunquecalcolatesulcapitalenominalesottoscritto: incasodideflazioneinundeterminatosemestre, ilcoefficientedi indicizzazionemodificatoeutilizzatopericalcolièparia1(limiteinferiore).Infine,percalcolareilcoefficientedi indicizzazionedeiBTpEisideverapportarel'inflazionediriferimentodelladatadiregolamen-todell'operazionedicompravenditaall'inflazionediriferimentodelladatadigodimentodeltitolo.PerilBTpItalia,aldenominatorecomparel'inflazionediriferimen-to (numero indice) della data di pagamento della cedola precedente oppure, se si tratta della prima cedola, della data di godimento del titolo. I risparmiatori chedetengonoiBTpItalia dall'emissionealla scadenza avrannoalrimborsoanche unpremiofedeltà pari allo 0,4%lordosul valorenominale.1Rendimentoascadenza:Rendimentoascadenza:rendimentocalcolatoconsiderandocostanteil livellodeltassodi inflazioneattuale,parial0,1%per l’Italiaeallo0,3%per l’area euro.2 Rendimento a scadenza Swil: Rendimento a scadenza Swil: Rendimento calcolato considerando le previsioni di inflazione media futura del mercato degli "infla-tionswap".Quest'ultimi, anchedenominati con l'acronimoSwil,sono operazioni finanziarieattraverso le qualiduecontroparti istituzionali identificanoun tassodiinflazionemedio,relativoadundeterminatoperiododitempofuturo.Sel'inflazionesaràsuperioreunacontropartepagheràall'altraladifferenzaeviceversa.Pergliinvestitorigli inflation swapsonoutili perverificare le aspettativedi inflazionefutura dapartedei grandioperatori internazionali.3 Index ratio:È l'indice per il qualeva moltiplicato il prezzoe idietimi perdeterminare l'effettivoesborso (o incasso)monetario.4AswSpread: indica il differenzialedirendimento trauna determinataobbligazione atassofisso eil livellodi tassodella curvadegli InterestRateSwap(Irs) dipariscadenza. Tanto maggiore è il Asw Spread, tanto più elevato è il rischio di credito associato dal mercato a quel determinato emittente alle diverse scadenze, inquestocasolaRepubblica Italiana.


due scenari per i bond a cura di

IT0004955685 Mediobanca30-09-18 su 30-09-2013 30-09-2018 1401 104,721 * 1,54 0,52 3,77 — 2,09 0,18 2,95IT0004917842 Mediobancaap-23 5.75% subord BB 18-04-2013 18-04-2023 1117 113,630 3,82 1,66 6,85 12,71 2,04 0,86 6,74IT0001200390 Comit17-02-28 zc BBB 17-02-1998 17-02-2028 886 67,407 3,01 0,15 13,29 28,29 8,56 -2,91 9,40FR0010014845 Giepsatresor st-336% 19-09-2003 19-09-2033 858 109,815 * 5,17 1,84 12,05 16,57 3,50 -0,22 10,84IT0004967276 Mps02-12-16 2.8% 02-12-2013 02-12-2016 777 101,150 * 2,24 1,53 2,00 — 0,58 1,68 2,71IT0004645542 Mediobancanv-20 5%subord BB 15-11-2010 15-11-2020 661 109,318 3,27 1,76 5,16 9,12 1,46 1,04 5,24IT0004966823 B.Popolare18-11-20 5.5% subord 18-11-2013 18-11-2020 630 106,363 3,75 2,70 3,54 — 1,79 2,29 4,88IT0004992613 Mps21-03-17 2.5% 21-03-2014 21-03-2017 601 100,645 * 2,23 1,48 2,31 — 0,20 1,56 2,87IT0004794142 Enel20-02-18 4.875% BBB 20-02-2012 20-02-2018 577 113,250 0,78 -0,13 3,04 7,05 1,41 -0,28 1,79IT0004682545 Intesaspaolomz-17 su 03-03-2011 03-03-2017 541 106,786 * 1,14 0,39 2,21 4,81 1,15 0,50 1,74IT0004764004 Unicredit 31-10-18 susubord 31-10-2011 31-10-2018 529 107,876 * 3,16 2,39 2,38 6,71 1,07 2,46 3,85IT0004992779 Mps21-03-17 2.65% 21-03-2014 21-03-2017 481 100,800 * 2,31 1,56 2,31 — 0,16 1,64 2,96IT0004992662 Mps21-03-17 2.75% 21-03-2014 21-03-2017 476 100,893 * 2,37 1,62 2,30 — 0,67 1,70 3,02IT0000966017 Comit08-01-27 zc BBB 08-01-1997 08-01-2027 464 69,378 3,05 0,33 12,18 25,78 7,84 -2,40 8,78IT0004842370 Ubi08-10-19 6%subord 08-10-2012 08-10-2019 455 107,418 3,30 2,47 2,72 7,11 1,13 2,32 4,07IT0004871965 Intesaspaologe-19 su 18-01-2013 18-01-2019 417 111,091 * 1,32 0,24 3,88 8,85 1,50 -0,16 2,74IT0004771710 Mps30-11-17 su 30-11-2011 30-11-2017 416 107,857 3,15 2,28 2,77 6,34 0,71 2,11 3,93IT0004747330 Unicredit 19-08-18su subord 19-08-2011 19-08-2018 416 104,917 * 3,05 2,31 2,20 5,97 0,42 2,25 3,50XS0161100515 Telecomfinge-33 7.75% 24-01-2003 24-01-2033 400 131,008 * 5,09 1,80 10,84 21,46 4,04 0,10 10,00IT0004967383 Unicredit 29-11-162.3% 29-11-2013 29-11-2016 380 102,146 * 1,24 0,54 2,00 — 0,82 0,70 1,72IT0004780562 Unicredit 31-01-19tf/su subord 23-12-2011 31-01-2019 377 109,503 * 3,39 2,66 2,06 7,10 0,70 2,17 3,40IT0004991961 Unicredit 28-12-17 su/tf 18-03-2014 28-12-2017 374 101,839 * 1,47 0,59 3,05 — 0,90 0,44 2,51IT0004983661 Mps03-02-17 2.5% 03-02-2014 03-02-2017 372 100,696 * 2,19 1,46 2,18 — 0,44 1,56 2,76IT0004965841 Mps18-11-16 3% 18-11-2013 18-11-2016 357 101,577 * 2,21 1,51 1,96 — 0,48 1,68 2,66IT0001205589 Mc.Lombardo fb-28 zc 18-02-1998 18-02-2028 355 65,542 3,23 0,37 13,29 26,28 6,17 -2,72 9,58IT0005012536 Mps12-05-172.5% 12-05-2014 12-05-2017 347 100,448 * 2,33 1,55 2,42 — 0,21 1,57 3,01IT0004698426 Unicredit 31-03-18su subord 31-03-2011 31-03-2018 341 103,533 * 2,95 2,29 1,81 4,61 0,69 1,97 2,95IT0004608797 Mediobancamg-204.5% BBB 14-05-2010 14-05-2020 300 113,669 1,86 0,48 4,96 12,30 2,45 -0,11 3,86IT0005012635 Mps12-05-172.6% 12-05-2014 12-05-2017 285 100,837 * 2,27 1,49 2,42 — 0,58 1,51 2,95IT0004849318 Intesaspaoloot-17 4.8% 05-10-2012 05-10-2017 275 110,250 * 1,19 0,35 2,78 5,98 0,71 0,31 2,09IT0005009524 Tip14-04-20 4.75%call 14-04-2014 14-04-2020 274 104,928 3,72 2,36 4,82 — 1,18 1,74 5,59IT0004825029 Unicredit 24-08-18 5.65% 24-08-2012 24-08-2018 272 115,970 1,31 0,31 3,51 11,96 2,85 0,03 2,56IT0004783046 Mediobancadc-17 zc BBB 12-12-2011 12-12-2017 268 96,192 1,26 0,39 3,10 6,43 1,49 0,22 2,32IT0004605074 Unicredit 31-05-20 susubord 31-05-2010 31-05-2020 265 104,698 * 3,26 2,30 3,33 6,64 0,63 2,05 4,39IT0004898273 Intesaspaolo10-04-19 su 10-04-2013 10-04-2019 265 110,820 * 1,35 0,22 4,12 9,54 1,67 -0,21 2,93IT0004869985 Atlantia30-11-18 3.625% BBB 30-11-2012 30-11-2018 262 111,130 0,83 -0,23 3,75 7,83 1,61 -0,58 2,20IT0004907850 Unicredit 30-06-20 tf/su subord 29-04-2013 30-06-2020 242 104,420 * 3,14 2,16 3,43 7,41 0,68 1,88 4,33IT0004957020 B.Imi31-10-19 tf 31-10-2013 31-10-2019 240 107,652 1,80 0,55 4,70 — 2,49 -0,03 3,67IT0004964224 Unicredit 31-12-18tf/su 31-10-2013 31-12-2018 225 106,219 * 1,58 0,51 3,90 — 2,46 0,08 3,00IT0004852312 Deutschebanknv-22 zc 13-11-2012 13-11-2022 222 87,495 * 1,68 -0,42 8,02 12,65 2,42 -1,78 5,25IT0004854094 Intesaspaolonv-17 4% 05-11-2012 05-11-2017 218 108,098 * 1,23 0,38 2,89 6,29 0,72 0,28 2,17IT0001086658 S.Paoloimige-22 zc BBB 30-01-1997 30-01-2022 216 85,353 2,21 0,32 7,24 15,13 5,40 -0,84 5,40IT0001203253 Mc.Centrale fb-28 zc 10-02-1998 10-02-2028 216 65,542 3,24 0,38 13,27 26,79 6,45 -2,76 9,51IT0004908841 Intesaspaolo15-05-19 su 15-05-2013 15-05-2019 213 110,216 * 1,26 0,11 4,23 10,41 2,29 -0,36 2,89IT0004760655 Eni11-10-17 4.875% A 11-10-2011 11-10-2017 212 112,974 0,41 -0,43 2,80 4,77 1,29 -0,50 —IT0004842685 B.Imi12-09-17 5% 12-09-2012 12-09-2017 209 110,440 * 1,24 0,41 2,72 5,73 0,64 0,38 2,11IT0004727274 Intesaspaololg-17 4.1% 04-07-2011 04-07-2017 203 107,499 * 1,21 0,41 2,55 5,48 0,62 0,42 1,98IT0004917867 Unicredit 15-07-20tf/su subord 15-05-2013 15-07-2020 201 104,322 * 3,17 2,19 3,47 8,17 0,55 1,90 4,39IT0004772676 Unicredit 16-11-17 zc 16-11-2011 16-11-2017 195 96,108 * 1,32 0,46 3,03 7,37 1,27 0,31 2,34IT0004936289 Mittel12-07-196%call 12-07-2013 12-07-2019 186 106,310 4,54 3,36 4,10 7,12 0,60 2,84 5,97IT0004777121 Unicredit 30-11-17 5% 30-11-2011 30-11-2017 182 110,806 * 1,37 0,50 2,81 8,62 1,96 0,40 2,25XS0207065110 Unicreditoge-20 4.375% 09-12-2004 29-01-2020 175 116,690 * 1,07 -0,24 4,69 11,19 3,61 -0,78 2,94IT0004717333 Intesaspaolomg-17 su 31-05-2011 31-05-2017 173 107,770 * 1,17 0,38 2,45 5,29 0,62 0,41 1,88IT0004615305 Unicredit 14-06-17 susubord 14-06-2010 14-06-2017 168 102,399 * 2,78 2,21 1,56 3,58 -0,46 2,03 2,73IT0004703952 Intesaspaolomg-17 su 03-05-2011 03-05-2017 166 107,530 * 1,13 0,36 2,38 5,21 1,71 0,41 1,80IT0004887896 Intesaspaolofb-19 su 08-02-2013 08-02-2019 166 108,840 * 1,35 0,25 3,98 9,20 1,59 -0,18 2,82XS0170343247 Enel12-06-184.75% 12-06-2003 12-06-2018 162 114,169 * 0,74 -0,23 3,35 6,66 1,38 -0,45 1,92IT0004826092 Unicredit 24-07-18 5.65% 24-07-2012 24-07-2018 153 115,617 * 1,31 0,32 3,43 10,78 2,68 0,09 2,53IT0004866353 Intesaspaolodc-18 su 04-12-2012 04-12-2018 151 111,245 * 1,30 0,24 3,76 8,51 1,39 -0,11 2,68IT0004984198 Unicredit 31-07-17 2% 31-01-2014 31-07-2017 148 101,700 * 1,36 0,55 2,65 — 0,66 0,50 2,17IT0004941412 Unicredit 13-10-20 tf/susubord 13-08-2013 13-10-2020 143 103,790 * 2,91 1,88 3,73 10,72 0,66 1,54 4,27IT0004723489 Ubi30-06-18 5.4% subord 30-06-2011 30-06-2018 140 105,107 2,92 2,20 2,02 5,07 0,86 2,03 3,17IT0004812142 Unicredit 09-05-174% 09-05-2012 09-05-2017 139 106,000 * 1,54 0,76 2,39 5,83 1,07 0,81 2,22

datial 05.11.2014 titolo rating data data quantità prezzo rend spread dura- performance perf.fra1 annoisin emissione scadenza media listino effett rend/ tion da da rend rend

trattata lordo stato lorda 1anno 3 mesi +0,5% -0,5%

SKIPPERi n f o r m a t i c a


due scenari per i bond

FR0011567940 Peugeot 18-01-19 6.5% 18-09-2013 18-01-2019 131 114,850 * 2,70 1,62 3,61 13,67 2,85 1,23 3,90FR0011439975 Peugeot 06-03-187.375% 06-03-2013 06-03-2018 126 115,447 * 2,47 1,55 2,97 11,01 2,78 1,38 3,39IT0004992209 Mps21-03-17 3% 21-03-2014 21-03-2017 126 100,988 * 2,58 1,83 2,30 — -0,15 1,91 3,22IT0004965791 Intesaspaolonv-17 2.6% 15-11-2013 15-11-2017 125 104,007 * 1,24 0,38 2,88 — 0,76 0,26 2,17IT0005012403 Mps12-05-172% 12-05-2014 12-05-2017 123 100,035 * 2,00 1,22 2,44 — 0,99 1,24 2,69IT0004828171 Deutschebankst-22 zc 06-09-2012 06-09-2022 122 87,727 * 1,69 -0,36 7,84 11,70 2,56 -1,70 5,14FR0011233451 Peugeot 11-07-175.625% 11-04-2012 11-07-2017 121 109,308 * 2,01 1,21 2,53 7,51 1,96 1,21 2,75IT0004695018 Intesaspaolomz-17 su 31-03-2011 31-03-2017 115 107,196 * 1,16 0,40 2,29 4,94 0,58 0,48 1,78IT0005022055 Unicredit 31-07-20sd 31-07-2014 31-07-2020 114 102,390 1,79 0,36 5,39 — — -0,41 3,99IT0005004855 Unicredit 23-12-17su/tf 23-04-2014 23-12-2017 114 100,802 * 1,48 0,60 3,06 — 0,36 0,45 2,52IT0004849300 Intesaspaoloot-17 4.8% 03-10-2012 03-10-2017 113 110,230 * 1,19 0,35 2,78 5,97 0,72 0,31 2,09IT0004982200 Unicredit 31-03-21 tf/su subord 31-01-2014 31-03-2021 109 102,410 * 2,86 1,73 4,12 — 0,05 1,25 4,38IT0004979081 Unicredit 27-03-17 2% 27-12-2013 27-03-2017 101 101,325 * 1,43 0,67 2,32 — 0,24 0,74 2,07NL0009054907 Rbs20-04-19 5.5% BBB 20-04-2009 20-04-2019 97 118,151 1,29 0,15 4,05 9,40 2,67 -0,23 2,84IT0004775315 Deutschebankge-19 zc 24-01-2012 24-01-2019 97 94,350 * 1,39 0,30 4,22 5,11 1,12 -0,21 3,01IT0004936545 B.Imi30-08-19 tf 30-08-2013 30-08-2019 93 107,700 1,78 0,57 4,53 9,21 2,88 — 3,54IT0004781073 Bp.Vicenzadc-188.5% subord 28-12-2011 28-12-2018 93 107,839 * 4,48 3,76 1,92 7,06 0,52 2,97 4,11XS0182242247 Finmeccanicadc-185.75% 12-12-2003 12-12-2018 91 113,963 * 2,15 1,09 3,63 8,39 2,23 0,73 3,40XS0868102392 Palladium 14-12-18 zc 15-03-2013 14-12-2018 87 90,666 * 2,42 1,36 4,10 13,33 1,87 0,87 3,97IT0004866361 Intesaspaolodc-16 3.25% 04-12-2012 04-12-2016 82 104,308 * 1,13 0,42 1,99 4,42 0,50 0,60 1,62XS0403573438 Deutschebankfb-19 zc 04-02-2009 04-02-2019 82 95,360 * 1,13 0,04 4,25 5,49 1,56 -0,50 2,75IT0004718489 Ubi16-06-18 5.5% subord 16-06-2011 16-06-2018 81 104,849 3,10 2,39 1,98 4,87 0,45 2,17 3,27IT0004997711 Venetob25-03-18 su 25-03-2014 25-03-2018 80 100,573 * 2,52 1,59 3,26 — 1,02 1,39 3,65IT0004572878 Ubi23-02-17 3.1% subord 23-02-2010 23-02-2017 78 102,065 1,48 1,00 1,27 3,30 0,67 0,86 1,38XS0768457433 Palladium 15-05-19zc 15-05-2012 15-05-2019 74 92,217 * 1,81 0,66 4,52 15,66 3,45 0,06 3,58IT0001302733 Mps01-02-29 sd/oc BBB 01-02-1999 01-02-2029 73 117,131 4,52 1,53 14,25 30,28 -1,41 -1,83 11,43XS0993892735 Mediobanca22-01-223.2% BBB 22-01-2014 22-01-2022 72 104,640 2,48 0,59 6,42 — 1,90 -0,23 5,22IT0005023095 Mps16-06-18 2.6% 16-06-2014 16-06-2018 71 100,955 * 2,33 1,36 3,44 — 0,70 1,08 3,54IT0004657471 Bp.Vicenza15-12-17 4.6% subord 15-12-2010 15-12-2017 68 102,331 * 3,06 2,48 1,52 6,52 1,56 1,93 2,69XS0890308462 Palladium 14-12-18 su 06-05-2013 14-12-2018 67 100,030 * 2,72 1,66 3,87 13,07 1,26 1,24 4,13IT0004808421 Unicredit 21-05-185% 21-05-2012 21-05-2018 65 111,700 1,57 0,61 3,28 9,97 1,97 0,39 2,69IT0004645963 Ubi05-11-17 4.3% subord 05-11-2010 05-11-2017 64 104,050 2,21 1,52 1,94 4,23 1,45 1,72 2,67IT0004981871 Mediobanca26-02-22 3.2% BBB 26-02-2014 26-02-2022 63 104,574 2,50 0,59 6,52 — 2,12 -0,26 5,28IT0004806730 Unicredit 20-04-18su 20-04-2012 20-04-2018 63 111,050 * 1,50 0,56 3,21 9,49 2,45 0,35 2,59XS0567053763 Gbonds420-03-17 tf 21-02-2011 20-03-2017 62 101,647 * 3,07 2,32 2,28 6,08 -0,36 2,38 3,68IT0003269385 Cariprato16-01-17 zc 03-04-2002 16-01-2017 60 95,560 * 2,09 1,36 2,19 6,90 0,94 1,50 2,69IT0004883689 Unicredit 28-02-20 tf/susubord 31-12-2012 28-02-2020 59 102,983 * 3,25 2,34 3,08 6,55 0,30 2,12 4,22

datial 05.11.2014 titolo rating data data quantità prezzo rend spread dura- performance perf.fra1 annoisin emissione scadenza media listino effett rend/ tion da da rend rend

trattata lordo stato lorda 1anno 3 mesi +0,5% -0,5%

GUIDAALLA LETTURAI titoli in tabella sono stati selezionati sulla base delle seguenti caratteristiche : quotati sui mercati MOT, EuroMOT e TLX, di emittenti bancari o corporate, aTasso Fisso, StepUp, StepDown e Zerocoupon con vita residua di almeno due anni, con lotto minimo acquistabile non superiore a 10mila euro e con unaquantitàtrattatamedianegliultimi10giornidialmenomilleeuro.Isin:Codiceidentificativodelprestitoobbligazionario-Descrizione:Descrizionedell'emitten-te, della data di scadenza e delle principali caratteristiche anagrafiche secondo la seguente legenda: su: step-up, sd: step-down, oc: one coupon, zc: zerocou-pon,tf:tassofisso,subord:obbligazionisubordinateperlequali ipossessorisonosoddisfattisuccessivamenteaglialtricreditori incasodi liquidazionedell'enteemittente, call: obbligazione con facoltà di rimborso anticipato da parte dell'emittente. Data Scadenza: è la data in cui viene rimborsata l'ultima quota dicapitale (normalmente l'unica) del titolo. Rating: Giudizio sull'affidabilità dell'emittente in merito al pagamento delle cedole e dei rimborsi previsti dal titolo.Quantità media trattata: è la quantità media trattata sul mercato negli ultimi 10 giorni lavorativi. In migliaia di euro. Prezzo di listino: prezzo di chiusura sulmercatodiquotazionedeltitolo(MOT,EuroMOToppureTLXsepresente*):perititolizerocouponsiintendetel-quel,cioècomprensivodellapartediinteressimaturata alla data, altrimenti si intende sempre corso secco, cioè non comprensivo del rateo cedola. Rend. Lordo %: indica il rendimento effettivo lordonell'ipotesicheiltitolovengatenutofinoascadenzaechetuttii flussivenganoreinvestitiallostessotasso.DurationLorda:èlavitamediafinanziariaespressainanni e frazioni d'anno: è il baricentro temporale dei flussi (cedole e rimborsi) futuri attualizzati. La duration rappresenta un indicatore di rischio: maggiore è laduration, maggiore è la rischiosità intesa come reattività del prezzo del titolo al variare del suo rendimento. Spread %: esprime la differenza di rendimentoeffettivo lordo dell'obbligazione rispetto ad un titolo di Stato Italiano di similare durata. Performance passate: Rappresenta il rendimento di periodo ottenutonelcasodiacquistodell'obbligazionenelpassato(unannofaotremesifa)edivenditasulmercatoalladatadiriferimentoealprezzodilistino, ipotizzandoilnonreinvestimento dei flussi incassati nel periodo. Performance tra 1 anno: Indica il rendimento di periodo che si otterrebbe in caso di acquisto dell'obbligazione,alladatadiriferimentoealprezzodi listino,edivenditadeltitolotraunanno,afrontediunoscenariodivariazionedeitassirispettivamentepositivoonegativodi50basis pointse nell'ipotesidi nonreinvestire glieventuali flussiche saranno incassatinel periodo:Rend +0.5%: performance prevista incaso di aumentodeitassidi interessedi 0.5%;Rend -0.5%: performanceprevista incasodi diminuzionedei tassi di interessedi 0.5%.


obbligazioni convertibili a cura di

Agronomia8 CV 30/06/2018 8,000 1,250 800,000 60 100,10 0,78 -1,20 -1,51 8,08 62,4 62,6AIRFRANCE-KLM 15/02/20232.03 2,030 10,300 1,000 44 10,64 7,15 +3,04 +6,15 1,79 7,1 50,2ALCATEL-LUCENT01/07/2018 4.25 4,250 1,698 1,060 -35 3,05 2,62 +5,44 +7,23 -10,51 2,8 9,7AXASA 01/01/2017 3.75 3,750 37,528 4,410 104 281,22 18,38 +0,23 -0,14 1,12 81,1 247,6B.ca Intermobiliare07/15 Sub 1,500 7,500 1,000 115 99,46 3,48 -0,14 -0,23 2,27 46,4 114,3CHL6CV 30/06/18 6,000 — — — 98,15 0,04 -1,88 -0,25 6,57 — —COFINIMMO20/06/2018 2 2,000 104,231 1,038 12 114,21 92,79 +0,20 +0,16 0,65 96,3 19,1Comp.della Ruota CV 15/07/2019 6,500 1,100 90,909 36 99,50 0,81 -0,51 +1,89 6,73 73,6 35,1CRED AGRICOLESA 06/12/2016 0 — 63,152 1,050 20 71,61 52,50 +0,12 -1,59 -3,65 55,1 30,6Energy Lab 7CV 20/05/2019 7,000 2,128 47,000 13 100,50 1,89 -10,40 -2,07 6,85 88,8 26,1Enertronica7.5CV 30/12/2016 7,500 6,000 900,000 111 98,00 2,84 -4,50 — 8,80 47,3 116,6Eukedos11/16 3,000 1,400 0,857 39 97,56 1,01 -0,97 +4,12 4,26 72,1 36,9FrendyEnergy 13/18 — — — — 80,10 1,22 -1,06 -3,48 5,51 — —HIReal8% CV 31/12/2019 8,000 0,160 6250,000 233 97,50 0,05 -2,53 -4,76 8,79 30,0 228,3IMMOFINANZ 08/03/20184.25 4,250 4,120 1,000 13 4,34 3,64 +0,12 — 2,83 — —MICHELINCGDE 01/01/2017 0 — 100,212 1,036 41 137,09 70,86 +0,34 +2,41 0,84 73,4 87,2PIERREVACANCES 01/10/20193.5 3,500 36,420 1,000 93 35,31 18,85 +1,00 -4,80 4,29 18,9 89,3SacomCV 22/12/18 7,500 — — — 68,00 3,09 -6,93 +2,32 21,41 — —Sias06/17 2,625 10,500 1,000 32 104,00 7,95 -1,51 -0,50 1,08 75,7 38,5SOC AIRFRANCE01/04/2020 2.75 2,750 19,903 1,030 178 21,86 7,15 +0,14 +6,15 1,78 7,4 197,5TE Wind13/18 6,000 1,613 62,000 69 100,80 0,95 -1,77 -3,05 5,76 59,0 73,1TECHNIP01/01/2017 0.25 0,250 96,090 1,000 62 96,27 59,29 +0,81 +2,72 0,26 59,3 63,0TUIAG 24/03/2016 2.75 2,750 11,713 5,059 -7 69,85 12,65 +1,70 +4,16 -8,97 64,0 10,0ValoreItalia 2.5% CV 2014-2019 2,500 0,060 18750,00 -10 105,00 0,07 — — 1,43 111,5 -5,8(Noriskprestaoccasionalmenteeautonomamenteattivitàdi consulenzaafavoredegliemittentidegli strumenti finanziarioggettodi analisi)

LEGENDA*Titolosospeso.PrezzoConversione: il valore,determinatoall'emissioneed espressointerminidi valorenominaledell'obbligazione, alquale l'obbligazionepuòessereconvertita inun'azione.RapportoConversione:numero diazionidi compendionellequaliun'obbligazioneèconvertibile.Distanzastrike:rapporto traprezzoconversioneequello dell'azionesottostante.Rendimento ascadenza:"yieldto worst"ovvero ilminimorendimentoottenibilenelcaso incui l'emittentenonfallisca,calcolatotenuto contodel peggiorescenario possibile inbasealle condizionidel prestito(e.g. clausoledirimborsoanticipato,opzioni sullecedole). Parità:valoredellaconversione,espresso intermini %sulnominale,qualora l'obbligazione fosseconvertitanell'azionesottostanteal prezzocorrente dimercato, tenutoconto delrapportodi conversione.PremioConversione:differenzatra ilprezzodell'obbligazionee lasuaparità,espressa intermini%sulla parità. Indica ladistanza dallacondizionediconversione: unpremiopiùelevato implicaunamaggiore prevalenzadellacomponenteobbligazionaria,mentre unpremiopiùcontenutounamaggioreprevalenzadella componenteopzionale.CARATTERISTICHE DELLE OBBLIGAZIONIBim 07/15: subordinata,cedola annua, facoltàdirimborsoanticipato CALLdecorsi18 mesidall’emissione(dal29/01/07). Inizioperiodo convertibilità01/01/07;fineperiodo convertibilità31/03/15. Eukedos11/16: cedolaannua, rimborsabile inanticiposu richiestadegli obbligazionisti incasidiinadempienzedell’emittente, rimborsabile inanticipo dapartedell’emittentese ilnominale incircolazione risulta inferiorea5 mln€. Sias 06/17: inizioperiodoconvertibilità01/07/10; fineperiodoconvertibilità31/05/17.

titolo cedola strike rapporto distanza ultimoprezzo var.settimanale rend. a parità premioannua% convers. convers. strike obbligaz sottost obbligaz sottost scadenza convers.%


obbligazioni subordinate a cura di

LOWERTIER IIXS0497187640 LloydsBank 6,500 24/03/2020 EUR Baa2 BBB- BBB+ 122,84 — 1,970 50BE0931376793 BNP Paribas 4,250 23/03/2021 EUR Baa2 BBB A 103,76 1,440 1,550 23.03.2016 3MEuribor+90 BP 50XS0619548216 AbnAmro 6,375 27/04/2021 EUR Baa3 BBB- A- 123,91 — 2,340 100XS0270347304 Goldman Sachs 4,750 12/10/2021 EUR Baa2 BBB+ A- 116,98 — 2,088 1XS0274112076 JPMorgan 4,375 15/02/2022 EUR A2 A A 105,59 1,533 1,660 14.11.2016 3MEuribor+90 BP 50XS0611398008 Barclays 6,625 30/03/2022 EUR Baa3 BBB- A- 127,21 — 2,530 50XS0366066149 INGBank 6,125 29/05/2023 EUR Baa2 BBB A- 115,08 1,700 2,839 29.05.2018 3MEuribor+255BP 50DE000A1RE1Q3 Allianz 5,625 17/10/2042 EUR A2 A+ A 119,97 2,780 5,240 17.10.2022 3MEuribor+500BP 100XS0802638642 Generali 10,125 10/07/2022 EUR Baa3 BBB BBB- 139,77 3,990 7,490 10.07.2022 3MEuribor+918,1 BP 100XS1061711575 Aegon 4,000 25/04/2044 EUR Baa1 BBB BBB 103,86 3,500 4,660 25.04.2024 3MEuribor+335 BP 100TIERIXS0221011454 HannoverRe 5,000 Perpetual EUR — A A 102,01 1,322 4,420 01.06.2015 3MEuribor+268BP 1XS0542298012 Rwe 4,625 Perpetual EUR Baa3 BBB- BBB- 101,84 2,480 4,320 28.09.2015 5YRMid Swap+265BP 1FR0010289496 Vinci 6,250 Perpetual EUR Baa3 BBB BBB- 104,73 1,480 5,370 13.11.2015 3MEuribor+375 BP 50XS0234434222 Henkel 5,375 Perpetual EUR Baa1 BBB BBB+ 104,23 1,250 4,550 25.11.2015 3MEuribor+285BP 1XS0253627136 SwissReinsurance 5,252 Perpetual EUR A3 A A- 105,71 1,480 3,820 25.05.2016 6MEuribor+209 BP 50XS0254808214 Solvay 6,375 Perpetual EUR Ba1 BBB- BBB- 105,75 2,550 5,041 02.06.2016 3MEuribor+335 BP 1XS0256975458 Generali 5,317 Perpetual EUR Ba1 BBB- BBB- 105,88 1,550 3,840 16.06.2016 3MEuribor+210 BP 50XS0674277933 EnBW 7,375 Perpetual EUR Baa2 BBB- BBB 112,14 2,110 6,660 02.04.2017 5YRMid Swap+540.1BP 1XS0484213268 Tennet 6,655 Perpetual EUR Baa3 BBB — 111,88 1,844 5,050 01.06.2017 5YRMid Swap+360BP 50XS1048428012 Volkswagen 3,750 Perpetual EUR Baa2 BBB+ BBB+ 105,64 2,769 4,159 24.03.2021 7YRMidSwap+2,534% 1

LEGENDALeobbligazioni subordinateoffronominorigaranzieall’investitore interminidicertezzadel flussocedolare e/otutele incasodi liquidazione dell’emittente.Afrontedi questeminorigaranzie questa tipologiadi titolioffrerendimenti maggiori (avolteanche dimolto)rispetto allenormali emissioni(definite"senior").Esistonodiverse tipologiedi obbligazionisubordinate: ledue piùdiffuse,che sempreconmaggiorefrequenza vengonoproposteagli investori retail,sonoquelledenominate "LowerTier II" (LT2) e"Tier I"(T1).LeobbligazioniLower Tier II rappresentano ilminorgradodi subordinazione e ,quindi, la tipologiadititolimenorischiosi(tra quelli subordinati)pergli investitori.È infatti garantito ilpagamentodelle cedolee il rimborsodelcapitale ascadenza,amenoovviamentedi insolvenzadell’emittente. Incasodi insolvenzaomessa in liquidazionedell’emittente, il rimborso (totaleoparziale)di questa tipologiadi bondrisultasubordinato (dacui ilnome)al pienorimborsodi tutti icreditoriche risultanoavereprecedenza, inclusi icorrentisti e ipossessoridi obbligazioni"senior".LeobbligazioniTier Irappresentano, invece, ilpiùelevato gradodisubordinazione,visto chenon sonogarantitiné ilpagamentodelle cedole,néilrimborsodelcapitale.Questa tipologiadi titoli, infatti, nonha di fattoscadenzao,se prevista,essaèprorogabile indefinitamente(da cui ilnomedi "perpetui"o"perpetual"). In casodi insolvenzao messa in liquidazionedell’emittente, il rimborso(totaleoparziale) diquesta tipologiadi obbligazioni risulta subordinatoalpienorimborsodituttigli altricreditori, inclusi icorrentistie i possessoridiobbligazioni LowerTier II.1 Rendimentoalla prossimadata dirimborsoanticipato.2 Rendimento alladata discadenza ovenon vi fosse rimborsoanticipato.3 Prossimadata dirimborsoanticipato.4 Tipodi flusso cedolare inesseresuccessivamentealla datadi rimborsoanticipato,ove laclausolanonvenga esercitadall’emittente.

isin emittente cedola scadenza val rating prezzo rendimento data cedoladopo invcorr.% mood s&p fitch call(1) scad(2) call(3) call(4) min

mgl


fondi comuni a confronto elaborazione Ufficio Studi de Il Sole 24Ore - Rating a cura di

azionariitalia -5,48 -0,70 — 11,43 2,10AcomeAItalia A1 mmmmm -3,66 4,23 2,47 13,56 1,11AcomeAItalia A2 mmmmm -3,56 5,30 2,47 14,60 —AllianzAz. Ita.All Stars mmmmm — — 0,45 — —AnimaGeo Italia A mmmmm -5,22 0,91 0,30 12,23 3,26AnimaGeo Italia Y mmmmm -5,09 2,44 0,30 13,92 4,69ANM Anima ItaliaA mmmmm -5,19 0,88 0,30 12,15 1,83ANM Anima ItaliaF mmmmm -5,09 1,67 0,30 — —ArcaAzioni Italia mmmmm -5,45 -0,19 0,32 12,00 2,55Bnl Azioni Italia mmmmm -4,67 -5,40 1,42 7,78 -0,08EurizonAz.Italia mmmmm -5,78 -1,20 0,26 10,62 1,45EurizonAz.PMIItalia mmmmm -4,82 -2,56 -0,19 10,41 1,87Euromob.Azioni Italiane mmmmm -5,45 0,27 0,41 10,33 1,76Fideuram Italia mmmmm -5,03 2,84 0,20 15,52 5,09FonderselP.M.I. mmmmm -5,46 1,22 0,39 15,29 6,16Fonditalia Eq. ItalyR mmmmm -5,29 0,58 — 13,46 3,76Fonditalia Eq. ItalyT mmmmm -5,24 1,23 — 14,19 4,40Fonditalia Equity ItalyClasse Z mmmmm -5,13 — — — —GestnordAz.Italia A mmmmm -5,93 -0,64 0,29 12,09 3,19GestnordAz.Italia CY mmmmm -5,86 0,11 0,29 — —Interf.Equity Italy mmmmm -5,30 1,28 — 13,23 3,64PioneerAz. Crescita A mmmmm — — 0,34 — —PioneerAz. Crescita B mmmmm — — — — —Symp. Selez. Italia mmmmm -5,29 -6,04 3,33 10,88 1,38SynergiaAz. Italia mmmmm -5,79 -6,25 0,43 9,69 -0,09SynergiaAz.Sm.CapIt. mmmmm -3,73 -2,01 -0,09 11,14 2,22UBIPra. Azioni Italia mmmmm -5,69 0,63 0,24 11,95 2,76ZenitMc Pianeta ItCl.I mmmmm -7,22 -6,06 — 13,45 3,93ZenitMc Pianeta ItCl.R mmmmm -7,29 -7,02 0,64 12,40 3,04comit -4,33 -1,05 — 7,35 -0,99area euro -2,91 -0,37 — 11,64 4,458a+Eiger mmmmm -2,84 -1,51 — 12,56 6,26Agora Equity mmmmm -1,33 -1,02 2,18 7,17 0,19Alto Azionario mmmmm -2,08 -4,61 1,89 9,23 1,19BancoPosta Azion. Euro mmmmm -3,04 -1,29 — 13,91 7,09EpsilonQEquity mmmmm -1,69 1,09 -0,56 12,81 5,13EurizonAz.AreaEuro mmmmm -3,00 -0,76 1,75 10,86 3,05Symp. Azionario Euro mmmmm -2,44 4,52 1,83 14,85 4,15UBIPra. Azionario EticoE mmmmm -2,15 0,46 2,06 10,32 3,83UBIPra. Azioni Euro mmmmm -3,06 -0,04 1,77 12,47 6,11msci euro -2,26 2,31 — 14,00 6,41europa — — — — —AcomeAEuropa A1 mmmmm -2,47 4,04 2,56 14,02 5,55AcomeAEuropa A2 mmmmm -2,38 5,03 2,56 15,03 —AllianzAzioniEuropa mmmmm — — 4,93 — —AllianzMultiEuropa# mmmmm — — 4,69 — —AmundiAzionario Europa# mmmmm 0,19 1,46 4,33 10,79 6,83AnimaGeo Euro Pmi A mmmmm -1,34 0,37 4,81 15,74 11,74AnimaGeo Euro Pmi Y mmmmm -1,22 1,86 4,81 17,47 13,35AnimaGeo Europa A mmmmm -1,69 2,97 4,92 12,37 8,46AnimaGeo Europa Y mmmmm -1,56 4,52 4,92 14,05 10,02ANM Anima EuropaA mmmmm -1,74 2,93 4,92 11,38 6,35ANM Anima EuropaF mmmmm -1,68 3,81 4,92 — —ANM Anima IniziativaEu A mmmmm -1,36 1,51 4,81 14,66 8,67ANM Anima IniziativaEu F mmmmm -1,25 2,69 4,81 — —ArcaAzioniEuropa mmmmm -1,50 3,27 4,92 12,13 6,97Bnl AzioniEuropa Div mmmmm -2,59 -0,01 5,92 9,93 6,15ConsultinvestAzione A1 mmmmm -2,52 — — — —ConsultinvestAzione A2 mmmmm -2,51 -1,28 — 8,03 4,13ConsultinvestAzione IY mmmmm -2,36 — — — —EpsilonQValue mmmmm -1,02 6,50 2,59 14,21 8,40EurizonAz.Europa mmmmm -2,35 2,03 4,90 10,93 5,73EurizonAz.PMIEuropa mmmmm -0,30 0,39 2,85 12,91 8,90FMS- Equity Europe# mmmmm 0,23 2,15 5,13 13,67 8,64FonderselEuropa mmmmm -1,92 1,67 5,13 11,88 6,90Fonditalia Eq.EuropeR mmmmm -1,76 0,90 — 12,44 6,77Fonditalia Eq.EuropeT mmmmm -1,70 1,57 — 13,16 7,43GestnordAz.Europa A mmmmm -2,66 0,35 5,19 11,58 6,77GestnordAz.Europa CY mmmmm -2,57 1,22 5,19 — —Interf.Equity Europe mmmmm -3,14 -2,53 — 11,36 6,84InvestitoriEuropa mmmmm — — 4,53 — —MalatestaAzionario Eu mmmmm -2,43 2,35 5,13 12,37 6,49PioneerAz ValEu Dis A mmmmm — — 5,13 — —PioneerAz ValEu Dis B mmmmm — — — — —

PioneerAz. EuropaA mmmmm — — 5,13 — —PioneerAz. EuropaB mmmmm — — — — —RasLux Equity Europe mmmmm — — — — —SynergiaAz.Europa mmmmm -2,11 5,06 4,85 11,76 3,14UBIPra. Az. Europa mmmmm -2,31 3,04 5,16 10,81 6,37msci europe -0,31 6,61 — 14,11 10,12america 0,96 19,67 — 17,64 14,96AcomeAAmerica A1 mmmmm -2,85 12,67 15,04 15,55 12,49AcomeAAmerica A2 mmmmm -2,75 13,92 15,04 16,69 —AllianzAzioniAmerica mmmmm — — 22,83 — —Alto AmericaAz. mmmmm 0,60 19,04 22,19 17,48 14,14AnimaGeo America A mmmmm 1,49 21,64 22,54 18,41 n.s.AnimaGeo America Y mmmmm 1,64 23,48 22,54 20,16 n.s.ANM Anima AmericaA mmmmm 1,50 22,09 22,54 18,52 16,39ANM Anima AmericaF mmmmm 1,63 23,24 22,54 — —ArcaAzioniAmerica mmmmm 1,02 19,04 21,50 18,10 15,47BnlAzioniAmerica mmmmm 0,82 21,52 25,09 17,69 15,72EurizonAz.America mmmmm 1,48 20,19 22,34 19,18 15,49EurizonAz.PMIAmer. mmmmm 3,68 13,79 13,79 18,25 17,72FMS- Equity Usa# mmmmm 1,42 20,18 23,78 18,96 15,58Fondit.Eq.Usa BlueCh R mmmmm 0,64 15,72 — 16,93 13,02Fondit.Eq.Usa BlueCh T mmmmm 0,69 16,46 — 17,70 13,72GestnordAz.AmericaA mmmmm 0,40 17,75 23,53 16,85 13,69GestnordAz.AmericaCY mmmmm 0,46 18,75 23,53 — —Interf.Eq. USAH mmmmm 0,66 12,27 — 17,26 13,02Interf.Eq.USA mmmmm 0,18 20,76 — 21,50 17,83Interf.Equity Usa Adv mmmmm 0,64 20,57 — 17,08 11,08InvestitoriAmerica mmmmm — — 20,35 — —PioneerAz. Am. A mmmmm — — 22,68 — —PioneerAz. Am. B mmmmm — — — — —Symp. Azionario Usa mmmmm 0,86 18,50 13,73 20,98 14,36SynergiaAzionario Usa mmmmm -0,44 19,60 20,41 18,83 12,02UBIPra. Azioni Usa mmmmm — 16,29 23,52 16,27 14,03msci northamerica 1,35 22,68 — 21,17 18,74pacifico 1,96 7,86 — 8,96 6,84AcomeAAsia Pac. A2 mmmmm 2,53 13,48 11,85 16,17 —AcomeAAsia Pacifico A1 mmmmm 2,44 12,30 11,85 15,03 8,31AllianzAzioniPacifico mmmmm — — 10,45 — —Alto PacificoAz. mmmmm 2,96 6,40 7,65 8,84 6,07AnimaGeo Asia A# mmmmm 1,77 6,36 10,43 8,50 n.s.AnimaGeo Asia Y# mmmmm 1,91 7,96 10,43 10,13 8,12ANM Anima PacificoA mmmmm 1,89 6,76 10,43 9,74 7,86ANM Anima PacificoF mmmmm 2,01 7,92 10,43 — —ArcaAzioniFar East mmmmm 2,68 6,77 9,13 9,26 7,69EurizonAz.Asia Nuove Eco. mmmmm 0,76 10,09 12,81 7,36 7,16EurizonAz.Pacifico mmmmm 2,02 7,17 9,45 8,64 6,36FMS- Equity Asia# mmmmm 2,77 9,20 9,62 11,27 7,51FonderselOriente# mmmmm 0,81 9,15 11,48 6,75 7,62FonditEq Pacifex JapanR mmmmm 0,67 4,88 — 6,96 5,26FonditEq Pacifex JapanT mmmmm 0,71 5,58 — 7,66 5,93Fonditalia Eq.JapanR mmmmm 3,14 5,43 — 10,25 7,32Fonditalia Eq.JapanT mmmmm 3,18 6,09 — 10,96 7,97GestnordAz.Pacifico A mmmmm 2,29 7,45 10,43 8,45 7,10GestnordAz.Pacifico CY mmmmm 2,37 8,41 10,43 — —Interf.Eq. JapanH mmmmm 6,63 12,65 — 19,48 8,74Interf.Eq. Pacif. exJapan mmmmm 3,27 5,09 — 9,27 8,00Interf.Eq. Pacif. exJapan H mmmmm 3,14 2,28 — 7,80 3,60Interf.Equity Japan mmmmm 3,07 5,96 — 9,93 7,49InvestitoriFar East mmmmm — — 8,33 — —PioneerAz. Area PacifA mmmmm — — 10,96 — —PioneerAz. Area PacifB mmmmm — — — — —UBIPra. Azioni Pacifico mmmmm 2,30 8,64 9,44 10,92 9,46msci pacific free 3,62 9,62 — 13,12 10,78paesiemergenti 0,41 5,74 — 4,10 4,65AcomeAPaesi Em. A1 mmmmm -2,20 2,19 11,66 5,20 5,93AcomeAPaesi Em. A2 mmmmm -2,10 3,22 11,66 6,24 —AllianzAzPaesi Emer mmmmm — — 7,61 — —AnimaGeo PaesiEm. A# mmmmm 0,49 1,81 7,60 1,86 n.s.AnimaGeo PaesiEm. Y# mmmmm 0,63 3,34 7,60 3,39 4,09ANM Anima EmergentiA mmmmm 0,55 2,58 7,60 2,54 4,08ANM Anima EmergentiF mmmmm 0,64 3,73 7,60 — —ArcaAzioniPaesi Emerg. mmmmm 0,50 5,35 7,60 3,70 4,47BnlAzioniEmerg. mmmmm 0,04 5,48 7,95 2,85 3,63EurizonAz.PaesiEmer mmmmm -0,43 4,11 7,60 3,02 3,65FMS- Equity GlEm Mkt# mmmmm 0,75 6,34 7,96 4,63 5,28

datial 04.11.2014 ratingcfs var.% var.% var.% rend. rend.fondo a a 1anno 3 5

1mese 1anno bench. anni anni




fondi comuni a confronto

FMS- Equity NewWorld# mmmmm 1,88 18,52 18,41 6,65 5,49FonditEq Glb EmMkt R mmmmm 0,17 7,35 — 5,85 6,15FonditEq Glb EmMkt T mmmmm 0,24 8,16 — 6,63 6,90GestnordAz.PaesiEm A mmmmm 0,83 6,83 7,60 3,99 4,07GestnordAz.PaesiEm CY mmmmm 0,89 7,76 7,60 — —Interf.Eq. GlbEm Mkt mmmmm 0,31 7,67 — 5,86 3,17PioneerAz. PaesiEm. A mmmmm — — 7,96 — —PioneerAz. PaesiEm. B mmmmm — — — — —Symp. MultEmerFle# mmmmm 0,33 6,14 — 3,29 5,08UBIPra. Az. Merc. Emerg. mmmmm 0,78 5,85 7,60 5,04 6,59msci emerging markets f. 0,62 7,96 — 6,29 7,69paese — — — — —FoiEqBrazil R mmmmm -1,11 -7,67 — -6,76 —FoiEqBrazil T mmmmm -1,10 -7,00 — -6,15 —FoiEqChina R mmmmm 1,91 8,95 — 7,61 —FoiEqChina T mmmmm 1,97 9,74 — 8,31 —FoiEqIndia R mmmmm 3,42 40,34 — 9,92 —FoiEqIndia T mmmmm 3,48 41,20 — 10,60 —msci world 0,95 16,05 — 18,08 14,83internazionali 0,08 12,01 — 14,64 10,33AcomeAGlobale A1 mmmmm -1,25 8,67 11,28 14,82 9,35AcomeAGlobale A2 mmmmm -1,15 9,77 11,28 15,98 —AllianzMulti90# mmmmm — — 14,40 — —Alto InternazionaleAz. mmmmm 0,92 -1,20 14,75 6,98 5,94Anfiteatro GlobalEquity mmmmm — — — — —AnimaGeo Globale A mmmmm -0,93 11,20 15,23 15,45 12,38AnimaGeo Globale Y mmmmm -0,80 12,86 15,23 17,19 14,00ANM Anima ValoreGlob. A mmmmm -0,69 12,81 15,23 17,77 12,55ANM Anima ValoreGlob. F mmmmm -0,51 13,77 15,23 — —ArcaAz. Internazionali mmmmm 0,87 12,92 — 15,19 11,71BancoPostaAz. Internaz. mmmmm -0,46 9,01 — 14,95 12,00Capital Italia mmmmm 0,75 12,37 — 15,21 11,31ConsultinvestGlobal A1 mmmmm -0,25 — — — —ConsultinvestGlobal A2 mmmmm -0,21 8,31 — 10,60 6,58ConsultinvestGlobal IY mmmmm -0,06 — — — —EticaAzionario IEY mmmmm 1,55 11,84 14,42 — —EticaazionarioE mmmmm 1,48 10,90 14,42 16,13 11,37EurizonAz.Internazionali mmmmm 0,03 13,05 15,22 15,86 11,15Euromob.Az. Internaz. mmmmm 1,29 9,98 — 11,85 8,26Fonditalia GlobalR mmmmm -0,49 5,85 — 11,59 8,55Fonditalia GlobalT mmmmm -0,44 6,54 — 12,31 9,22GestnordAzTrend Set mmmmm 0,64 11,27 15,23 12,86 9,76PioneerCIM GlobalEquity mmmmm 0,69 13,30 — 15,05 10,84SoprarnoEsse StockA mmmmm -0,94 11,94 13,95 17,81 11,90SoprarnoEsse StockBY mmmmm -0,97 11,97 — 18,33 12,40Star CollAz.Inter.A# mmmmm 1,13 8,48 11,11 — —Star CollAz.Inter.CY# mmmmm 1,23 9,26 11,11 — —SynergiaAz.Globale mmmmm -0,84 12,18 13,93 13,73 6,40Talento GlobalEquity# mmmmm 1,35 11,43 16,05 12,61 n.s.UBIPra. Azioni Globali mmmmm 1,11 15,59 15,22 16,96 12,67ZenitMc MegatrendCl.I mmmmm 0,21 5,04 — — —ZenitMc MegatrendCl.R mmmmm 0,09 3,51 8,49 9,07 3,76msci world 0,95 16,05 — 18,08 14,83energia-materieprime — — — — —EurizonAz.EnMatPrime mmmmm -3,50 0,43 3,44 4,30 4,20msci 50%energy&50%materials -4,17 3,50 — 5,22 7,75salute — — — — —EurizonAzioniSalute mmmmm 2,30 28,74 30,19 25,12 16,21msci health care 2,30 31,94 — 28,88 21,81finanza — — — — —EurizonAz.Finanza mmmmm 0,34 10,92 13,84 19,05 8,34Fonditalia Eu Financials R mmmmm -2,67 1,93 — 17,58 0,44Fonditalia Eu Financials T mmmmm -2,61 2,69 — 18,48 1,17msci financials 1,71 14,58 — 21,36 11,42informatica — — — — —EurizonAz.Tecn.Avanz mmmmm 1,13 24,86 28,02 14,90 13,09msci inform.technology 2,15 30,85 — 20,19 17,93altrisettori — — — — —FMS- Eq.Glob.Resources# mmmmm -3,83 -1,54 1,58 -2,27 0,42Fonditalia Eu Cyclicals R mmmmm -2,87 -9,57 — 8,99 6,21Fonditalia Eu Cyclicals T mmmmm -2,81 -8,89 — 9,80 6,98Fonditalia Eu Defensive R mmmmm -4,31 1,48 — 10,75 5,51Fonditalia Eu Defensive T mmmmm -4,24 2,25 — 11,58 6,27Fonditalia FlexEm. MktsT mmmmm -0,14 3,46 — 4,02 3,20Fonditalia FlexEm.Mkts R mmmmm -0,19 2,79 — 3,45 2,65

Fonditalia GlobIncome R mmmmm -0,04 4,89 — 1,56 0,31Fonditalia GlobIncome T mmmmm 0,02 5,41 — 2,17 0,94Inter.Int.Sec.NewEc mmmmm 1,95 27,31 — 21,59 17,21msci world 0,95 16,05 — 18,08 14,83altrespecializzazioni — — — — —EurizonAz.Int. EticoE mmmmm 0,05 13,29 15,96 16,22 10,62FonditEq.Gl.High Div. S mmmmm 0,10 8,09 — — —msci world 0,95 16,05 — 18,08 14,83bilanciatibil.azionari — — — — —AnimaForza 5 A# mmmmm 1,03 8,97 11,75 10,75 n.s.AnimaForza 5 B# mmmmm 1,01 8,89 11,75 10,70 —AnimaForza 5 Y# mmmmm 1,10 9,91 11,75 11,71 9,16ANM Anima Cap.Più70 F# mmmmm 1,35 10,66 13,30 n.s. n.s.ANM Anima Cap.Più70 N# mmmmm 1,22 9,07 13,30 n.s. n.s.ANM Anima CapiPiù 70 A# mmmmm 1,23 9,17 13,30 n.s. n.s.Fonditalia Core3 R mmmmm -0,32 4,45 — 7,94 5,05Fonditalia Core3 T mmmmm -0,26 5,13 — 8,64 5,71IGMFdF Bilanciato Az. Cl.A# mmmmm 0,15 5,68 — 10,54 6,46IGMFdF Bilanciato Az. Cl.B# mmmmm 0,08 6,28 — 11,31 7,15UBIPra. Port. Aggressivo mmmmm -0,47 7,50 8,74 11,11 6,8270%msciworld&30%jpm emu 0,70 14,34 — 15,39 12,33bilanciati -0,30 6,25 — 9,10 5,45AllianzMulti50# mmmmm — — 13,12 — —Alto Bilanciato mmmmm 0,28 -0,75 11,68 3,76 3,12AnimaForza 4 A# mmmmm 0,63 8,12 11,27 9,70 n.s.AnimaForza 4 B# mmmmm 0,63 8,14 11,27 9,70 —AnimaForza 4 Y# mmmmm 0,71 8,83 11,27 10,44 8,13AnimaProg.Europa 21Ced mmmmm — — — — —ArcaBB mmmmm -1,25 4,95 6,83 10,09 5,70BancoPostaMix2 mmmmm -0,72 3,31 — 7,72 5,15Consult Bilanciato A2 mmmmm -0,89 5,79 — 8,48 4,90ConsultinvestBil A1 mmmmm -0,89 — — — —EticaBilanciato IEY mmmmm 0,70 10,12 13,34 — —EticabilanciatoE mmmmm 0,62 9,15 13,34 11,74 8,84EurizonBil.Euro Multi.# mmmmm -0,43 5,39 7,79 9,98 5,93EurizonSoluzione 40 mmmmm 0,12 8,83 10,93 9,57 5,92EurizonSoluzione 60 mmmmm 0,33 8,58 11,70 10,31 6,42Euromob.Bilanciato mmmmm -0,81 5,23 6,78 8,80 5,44Fideuram Bilanciato mmmmm -1,15 2,25 4,41 8,16 n.s.FMS- BalancedI# mmmmm 0,38 — — — —Fondersel mmmmm 0,45 4,78 10,91 7,10 4,74Fonditalia Core2 R mmmmm -0,06 4,12 — 6,77 4,34Fonditalia Core2 T mmmmm — 4,74 — 7,42 4,94GestnordBil.Euro A mmmmm -1,54 3,58 6,11 7,72 2,70GestnordBil.Euro CY mmmmm -1,46 4,50 6,11 — —Nextam Part.Bilanciato mmmmm -1,77 6,71 — 8,14 3,50Star CollBil.PaesiEmA# mmmmm -0,04 7,00 9,79 — —Star CollBil.PaesiEmCY# mmmmm 0,06 7,97 9,79 — —SynergiaBilanciato 50 mmmmm -1,15 3,58 5,48 8,18 3,71UBIPra. Europe Multifund mmmmm 0,10 — — — —UBIPra. Gl. Multif.50 mmmmm 0,03 6,70 7,48 9,87 6,21UBIPra. Port. Dinamico mmmmm -0,61 6,08 7,72 7,45 5,4550%msciworld&50%jpm emu 0,53 13,20 — 13,52 10,52bil.obbligazionari -0,95 3,37 — 5,62 3,47AllianzMulti20# mmmmm — — 11,27 — —Alpi Bilanciato mmmmm 0,15 4,65 0,06 n.s. n.s.AmundiObbligaz. Br.Ter. D mmmmm -0,72 — — — —AmundiOriz 20PeM Imprese mmmmm -0,79 — — — —AmundiOriz.20 Italia mmmmm -2,55 — — — —AmundiOriz.20 SilverAge mmmmm 0,02 — — — —AmundiOriz.2020 Alpha It mmmmm -0,22 — — — —AmundiOrizzonte 20 Glob. mmmmm -0,17 — — — —AnimaCed. Al.Pot.2021 mmmmm 0,06 — — — —AnimaCed.Al.Pot.2021 II mmmmm 0,23 — — — —AnimaCed.Al.Pot.2021 III mmmmm — — — — —AnimaForza 3 A# mmmmm 0,36 5,31 8,57 6,16 n.s.AnimaForza 3 B# mmmmm 0,36 5,31 8,57 6,16 —AnimaForza 3 Y# mmmmm 0,41 5,88 8,57 6,77 5,25ANM Anima Cap.Più30 N# mmmmm 0,36 3,75 6,30 — —ANM Anima Cap.Più15A# mmmmm 0,19 3,14 5,53 5,19 2,81ANM Anima Cap.Più15F# mmmmm 0,27 4,13 5,53 — —ANM Anima Cap.Più30 A# mmmmm 0,38 3,85 6,30 6,57 3,42ANM Anima Cap.Più30 F# mmmmm 0,48 4,97 6,30 — —ANM Anima VisconteoA mmmmm -0,91 3,40 5,39 6,74 4,43







ANM Anima VisconteoF mmmmm -0,85 4,05 5,39 — —ArcaTE mmmmm 0,10 7,85 9,90 7,80 5,96BancoPostaMix Giugno2020 mmmmm — — — — —Fonditalia Core1 R mmmmm -0,04 3,29 — 5,69 3,44Fonditalia Core1 T mmmmm -0,01 3,80 — 6,21 3,93SynergiaBilanciato 30 mmmmm -0,68 3,83 5,40 6,54 3,29UBIPra. B. EuroRis. Cont. mmmmm -1,05 -0,43 1,71 3,52 1,54UBIPra. Glob. Multiasset mmmmm -0,29 — — — —UBIPra. Multiasset IT mmmmm -2,06 — — — —UBIPra. Port. Moderato mmmmm -0,55 4,51 6,23 4,46 3,8130%msciworld&70%jpm emu 0,36 12,06 — 11,60 8,60obbligazionariob.eurogovernativi b.t. -0,26 1,13 — 2,72 1,53AcomeABreve Term.A1 mmmmm -0,07 4,00 1,59 9,30 4,95AcomeABreve Term.A2 mmmmm -0,05 4,31 1,59 9,70 —Alto EuroGovernativo B/T mmmmm -0,19 2,59 1,41 3,77 2,01AmundiObbligaz. Br.Ter. C mmmmm -0,65 5,19 2,88 4,51 2,48AnimaFix EuroA mmmmm -0,03 0,02 0,51 1,06 n.s.AnimaFix EuroI mmmmm -0,02 0,25 0,51 1,29 0,77AnimaFix EuroYY mmmmm -0,01 0,26 0,51 1,30 0,83AnimaFix Obbl. BT A mmmmm -0,31 1,00 1,34 2,64 n.s.AnimaFix Obbl. BT Y mmmmm -0,26 1,46 1,34 3,09 —ANM Anima SalvadanaioA mmmmm -0,17 0,76 0,99 1,21 0,17ANM Anima SalvadanaioF mmmmm -0,13 1,14 0,99 — —ArcaMM BondEuroSh. T. mmmmm -0,21 3,66 4,30 6,26 3,75BancoPostaObbl. EuroBT mmmmm -0,09 0,45 — 2,25 1,56BancoPostaReplay12 mesi mmmmm -0,02 0,39 — — —ConsultinvestBreve Term mmmmm -0,50 4,09 — 3,68 2,19Eticaobb.breve term.E mmmmm -0,21 0,88 1,47 1,53 1,24EticaObbl. BreveT. IEY mmmmm -0,19 1,18 1,47 — —EurizonObbl. EuroBT A mmmmm -0,38 1,04 1,29 — —EurizonObbl. EuroBT D mmmmm -0,39 1,04 1,29 2,70 1,45Euromob.EuroAggregate mmmmm — 2,05 1,95 2,73 1,54Fideuram Risparmio mmmmm -0,22 -0,14 0,58 0,90 0,35FondacoEuro CashBY mmmmm -0,05 1,30 — — —FondacoEuro CashY mmmmm -0,05 1,30 — 1,92 1,37FonderselReddito mmmmm -0,28 1,79 1,59 4,18 2,47FonditEur BondDefe. S mmmmm -0,25 0,36 — — —FonditEur BondDefen R mmmmm -0,14 0,95 — 2,35 1,72FonditEuro BondDefen T mmmmm -0,10 1,31 — 2,70 2,06Fonditalia Eu CurrencyR mmmmm -0,21 0,01 — 0,99 0,59Fonditalia Eu CurrencyT mmmmm -0,18 0,30 — 1,29 0,87GestielleBT Cedola Cl.A mmmmm -0,10 1,30 1,19 3,75 1,47GestielleBT Cedola Cl.BY mmmmm -0,05 -0,82 — 0,73 —GIFocus Euro Gov. BT mmmmm -0,16 1,68 1,04 2,85 1,71Interf.Euro Currency mmmmm -0,20 0,29 — 1,19 0,78MalatestaBreveTermine mmmmm -0,40 0,97 1,17 2,47 1,47MediolanumRisp DinamL mmmmm -0,36 2,40 1,46 3,99 n.s.NordfondoObbl. B.TA mmmmm -0,17 1,23 0,95 2,63 1,23NordfondoObbl. B.TB mmmmm -0,18 1,23 0,95 — —NordfondoObbl. B.TCY mmmmm -0,16 1,49 0,95 — —Passadore BreveTermine mmmmm -0,39 0,96 1,17 2,49 1,47Pion.Eur Gov BT (ex Mon.)A mmmmm — — 1,17 — —Pion.Eur Gov BT (ex Mon.)B mmmmm — — — — —SoprarnoPronti Termine AY mmmmm — — — — —SoprarnoPronti Termine B mmmmm 0,05 1,22 0,58 3,40 2,30Symp. ObbBreveTerm mmmmm -0,24 1,33 1,09 2,91 1,78Symp. ObbRendita mmmmm -0,31 1,56 1,96 n.s. n.s.SynergiaObb.Rend. mmmmm -0,45 2,70 3,58 n.s. n.s.SynergiaObbl. EuroBT mmmmm -0,24 0,97 1,34 2,75 1,52TeodoricoBreveTermine mmmmm -0,38 1,72 1,17 2,70 1,68UBIPra. Euro BT mmmmm -0,25 1,19 1,59 2,86 1,35ZenitMc BreveTer Cl.I mmmmm -0,05 2,11 — 3,32 1,84ZenitMc BreveTer Cl.R mmmmm -0,07 1,73 1,27 2,92 1,50jpmgbi emu 1-3yr -0,16 1,76 — 3,02 1,82ob.eurogovernativi m/l t -0,11 6,95 — 6,42 3,87AcomeAEurobb. A1 mmmmm 0,01 5,59 9,99 12,55 6,33AcomeAEurobb. A2 mmmmm 0,04 6,01 9,99 12,99 —Agora Income mmmmm 0,32 1,07 4,99 1,91 —AllianzRedditoEuro mmmmm — — 8,75 — —AnimaFix Obbl. MLT A mmmmm -0,22 7,79 9,01 7,55 n.s.AnimaFix Obbl. MLT Y mmmmm -0,18 8,20 9,01 8,16 —ANM ANIMACap. PiùOb. N# mmmmm -0,13 3,72 5,71 — —ANM Anima Obbl.EuroA mmmmm -0,26 4,06 4,89 4,23 1,71ANM Anima Obbl.EuroF mmmmm -0,23 4,32 4,89 — —

ANM Capitale PiùObbl. A# mmmmm -0,12 3,82 5,71 3,89 2,28ANM Capitale PiùObbl. F# mmmmm -0,05 4,64 5,71 — —ArcaRRBond Euro mmmmm 0,11 7,12 8,31 7,41 4,75AzimutRedditoEuro mmmmm -0,94 3,40 — 5,10 2,19BancoPostaObbl. EuroML/t mmmmm -0,38 4,50 — 5,59 4,19EpsilonQincome mmmmm -0,65 9,36 10,35 8,87 4,71EurizonObbl. Euro mmmmm -0,42 8,02 8,34 8,12 4,57Euromob.Reddito mmmmm -0,21 7,65 9,01 6,92 4,10Fideuram Rendimento mmmmm -0,71 6,08 9,59 7,42 2,87FondacoEurogov Beta BY mmmmm 0,11 10,28 — — —FondacoEurogov BetaY mmmmm 0,11 10,26 — 8,27 5,46FonderselEuro mmmmm -0,46 7,31 9,99 7,31 4,61FonditEur BdLng TermS mmmmm -0,23 16,55 — — —Fonditalia Eu B.LongT R mmmmm 0,37 19,46 — 12,59 7,79Fonditalia Eu B.LongT T mmmmm 0,40 19,94 — 13,03 8,20Fonditalia EuroBondR mmmmm -0,11 5,71 — 6,58 4,47Fonditalia EuroBondS mmmmm -0,42 4,32 — — —Fonditalia EuroBondT mmmmm -0,07 6,13 — 7,00 4,87GestielleMT EuroCl.A mmmmm -0,21 4,81 5,46 6,05 2,32GestielleMT EuroCl.B mmmmm -0,16 5,48 — 6,70 2,86Interf.Euro BondLongT mmmmm 0,39 19,83 — 12,58 8,41Interf.Euro BondMed. T mmmmm 0,16 10,49 — 8,58 5,79Interf.Euro Short Term1-3 mmmmm -0,24 1,11 — 2,16 1,56Interf.Euro Short Term3-5 mmmmm -0,18 4,42 — 4,65 3,44MalatestaObblig. Euro mmmmm -0,30 5,47 5,37 5,34 3,06NordfondoOb.EuroM.T. A mmmmm -0,25 5,07 7,00 4,88 2,27NordfondoOb.EuroM.T. CY mmmmm -0,22 5,53 7,00 — —PioneerEu Gov MT Dis A mmmmm — — 10,35 — —PioneerEu Gov MT Dis B mmmmm — — — — —PioneerObb.Euro Distr B mmmmm — — — — —RasLux B. Europe mmmmm — — — — —Symp. Obblig.Euro mmmmm -0,13 5,80 7,15 5,84 4,07SynergiaObbl. EuroMT mmmmm -0,13 5,25 6,51 5,92 3,94UBIPra. Euro M/L Term. mmmmm 0,40 7,20 8,75 5,60 3,47mlemu direct government 0,20 9,99 — 8,38 5,60ob.eurocorp.invest.grade. 0,33 5,20 — 6,64 4,46AmundiCorporate 3 anniY mmmmm 0,04 -0,03 — 1,21 -0,54AnimaFix Imprese A mmmmm 0,33 6,36 5,76 9,40 5,43AnimaFix Imprese Y mmmmm 0,39 7,04 5,76 10,12 6,09ANM Anima Obb.Corp.A mmmmm 0,33 7,32 5,76 9,39 4,91ANM Anima Obb.Corp.AD mmmmm 0,34 — — — —ANM Anima Obb.Corp.F mmmmm 0,37 10,08 5,76 — —ArcaBondCorporate mmmmm 0,32 6,54 6,91 7,37 5,69BancopostaCorp. 2014 mmmmm -0,02 0,71 — 3,83 —EurizonObbl. EuroCorp. mmmmm 0,34 5,12 5,77 6,48 4,23EurizonObbl. EuroCorp. BT mmmmm 0,01 1,79 2,10 3,85 2,62FoiEu Corp BndS mmmmm -0,17 3,78 — 3,01 —Fonditalia Eu CorpBnd R mmmmm 0,37 6,11 — 5,71 4,30Fonditalia Eu CorpBnd T mmmmm 0,41 6,54 — 6,13 4,70Interf.Euro CorporateBd mmmmm 0,48 6,53 — 6,01 4,37NordfondoOb.EuroCorp A mmmmm 0,52 6,80 7,47 7,46 5,44NordfondoOb.EuroCorp CY mmmmm 0,56 7,32 7,47 — —PioneerOb Eu Co EtDis AE mmmmm — — 6,79 — —PioneerOb Eu Co EtDis BE mmmmm — — — — —Symp. Obb.Corp. mmmmm 0,34 5,26 5,69 6,47 4,53SynergiaObbl Corporate mmmmm 0,26 4,65 5,68 6,00 4,34UBIPra. Euro Corp. mmmmm 0,44 4,99 7,09 6,90 4,68lehman euroaggr.corporate 0,53 7,10 — 7,45 6,04ob.eurohigh yield — — — — —AnimaFix High Yeld Y mmmmm -0,62 5,95 6,26 12,32 8,97AnimaFix High YieldA mmmmm -0,71 4,88 6,26 11,20 7,93ANM Anima Ob HiYieldA mmmmm -0,73 4,53 6,26 4,77 1,63ANM Anima Ob HiYieldAD mmmmm -0,73 4,55 6,26 — —ANM Anima Ob HiYieldF mmmmm -0,62 5,76 6,26 — —EurizonObbl. EuroHY mmmmm 0,29 5,95 5,50 9,90 6,92FoiBndGl. High YieldTY mmmmm 0,24 4,28 — 8,59 6,03FoiBondGl.High YieldS mmmmm -0,97 -1,53 — — —FoiBondGlobHighYield R mmmmm 0,17 3,45 — 7,81 5,46IfuBondGl. High Yield mmmmm -0,28 4,57 — 8,78 6,17UBIPra. Gl.High Yld EuroH mmmmm -0,10 — — — —mleuro high yield 0,32 6,71 — 13,22 10,93ob.dollarogovernativi b.t. — — — — —AnimaRiserva DollaroA mmmmm 0,30 — 7,50 — —AnimaRiserva DollaroF mmmmm 0,86 — — — —AnimaRiserva DollaroI mmmmm 0,76 — — — —







EurizonBr.Ter.Dollaro mmmmm -0,53 6,88 7,55 2,62 2,78EurizonBr.Ter.Dollaro$ mmmmm 0,76 7,34 7,55 2,81 2,77Euromob.Conservativo mmmmm -0,01 1,24 0,60 1,93 1,02jpmgbi us 1-3y -0,24 8,20 — 3,60 4,51ob.dollarogovernativi m/l t. — — — — —AzimutRedditoUsa mmmmm -0,88 6,61 — 3,69 3,65FoiBondUS Plus R mmmmm 0,04 9,22 — 4,73 6,13FoiBondUs PlusS mmmmm -0,47 7,08 — — —FoiBondUs PlusTY mmmmm 0,10 9,99 — 5,43 6,76FonditBondUS PlusRH mmmmm 0,50 1,69 — — —FonditBondUS PlusTH mmmmm 0,56 2,41 — — —IfuBondUS Plus mmmmm 0,01 9,67 — 4,72 6,01InterfundBond UsPlus HY mmmmm — — — — —NordfondoObbl. Dollari A mmmmm -0,13 8,81 10,65 3,12 5,08NordfondoObbl. Dollari CY mmmmm -0,09 9,35 10,65 — —lehman us treasury 1,86 7,95 — 3,00 5,78ob.int. governativi -0,66 6,17 — 2,29 3,39AllianzRedditoGlob mmmmm — — 6,84 — —Alto Internazion.Obbl. mmmmm -0,23 2,41 7,18 1,24 3,43AnimaFix Obbl. Glob A mmmmm -0,67 7,78 6,84 1,74 3,47AnimaFix Obbl. Glob Y mmmmm -0,59 8,64 6,84 2,55 —ANM Anima PianetaA mmmmm -0,71 7,23 6,84 1,87 4,04ANM Anima PianetaF mmmmm -0,71 7,77 6,84 — —ArcaBondG. mmmmm -0,62 5,69 6,83 3,31 n.s.EurizonObbl. Internaz. mmmmm -0,68 5,10 5,86 2,57 4,00FondacoWorld G ABNoEBY mmmmm -0,01 5,85 — — —FondacoWorld G ABNoEI mmmmm -0,02 5,80 — 2,77 —Fondersel Int.# mmmmm -0,43 8,02 6,84 4,24 4,63GestielleObbl. Intern. Cl.A mmmmm -0,46 4,31 6,51 1,27 2,60GestielleObbl. Intern. Cl.B mmmmm -0,37 5,25 — 2,18 3,49UBIPra. Obb. Globali mmmmm -0,95 6,12 6,54 2,18 3,92jpmgbi global all.mat. -0,38 7,18 — 2,42 5,37ob.int. corp.invest.gr. — — — — —UBIPra. Obb. Glob.Corp. mmmmm 0,36 5,95 6,49 5,32 5,64lehman aggregate corporate 0,53 7,10 — 7,45 6,04ob.int. highyield — — — — —FonditBondHY Short R mmmmm 0,55 — — — —FonditBondHY Short S mmmmm -0,49 — — — —FonditBondHY Short T mmmmm 0,59 — — — —PioneerObb GloHY Dis A mmmmm — — 12,60 — —PioneerObb GloHY Dis B mmmmm — — — — —UBIPra. Obb. Gl.Alto Ren. mmmmm 0,13 4,25 5,69 7,73 8,29mlglobal high yield 0,32 5,76 — 10,07 10,51ob.paesi emergenti 0,59 7,36 — 5,59 6,43ANM Anima Obb.Emerg A mmmmm 1,00 1,85 7,95 2,81 4,87ANM Anima Obb.Emerg AD mmmmm 0,99 — — — —ANM Anima Obb.Emerg F mmmmm 1,04 2,36 7,95 — —ArcaBoPaesi Em Val.Loc mmmmm 0,07 5,09 7,05 3,53 —ArcaBondPaesi Em. mmmmm 0,97 6,64 8,24 5,26 6,10Bnl Obbl Emergenti mmmmm 0,35 14,91 16,91 8,53 9,20EurizonObbl. Emergenti mmmmm 0,61 4,38 6,98 3,98 5,18FonditBnd Glb EmMkt R mmmmm 1,13 7,20 — 5,25 6,45FonditBnd Glb EmMkt SY mmmmm 0,33 4,16 — — —FonditBnd Glb EmMkt T mmmmm 1,15 7,51 — 5,57 6,76FonditEm.Mkt.Loc.Cur. R mmmmm 0,24 2,56 — — —FonditEm.Mkt.Loc.Cur. RH mmmmm 0,69 -4,68 — — —FonditEm.Mkt.Loc.Cur. S mmmmm -0,74 -1,19 — — —FonditEm.Mkt.Loc.Cur. T mmmmm 0,30 3,22 — — —FonditEm.Mkt.Loc.Cur. TH mmmmm 0,83 — — — —GestielleEm Mkts BoCl.A mmmmm 0,74 7,43 8,32 5,81 6,31GestielleEm Mkts BoCl.B mmmmm 0,83 8,49 — 6,90 7,36Interf.BondGlb Em Mkt mmmmm 1,23 6,90 — 4,76 6,26Interf.Em.Mkt Loc.Cur HY mmmmm 0,88 -2,81 — — —Interf.Em.Mkt Loc.Curr mmmmm 0,40 4,51 — 2,67 —NordfondoOb.Paesi Em A mmmmm 0,57 10,71 12,35 8,36 8,10NordfondoOb.Paesi Em B mmmmm 0,57 — — — —NordfondoOb.Paesi Em CY mmmmm 0,63 11,51 12,35 — —PioneerOb Paesi Em Dis A mmmmm — — 11,21 — —PioneerOb Paesi Em Dis B mmmmm — — — — —jpmembi global diversified 0,84 16,91 — 9,92 12,07ob.altrespecializzazioni -0,20 4,17 — 5,66 3,62Alpi Bond mmmmm -0,18 2,31 0,08 n.s. n.s.AmundiObbligaz. Ob.Ced. mmmmm -0,82 5,91 — 7,49 4,30AnimaFix Emergenti A# mmmmm 0,94 1,15 7,95 2,48 n.s.AnimaFix Emergenti Y# mmmmm 1,03 2,18 7,95 3,51 5,16

AnimaForza 1 A mmmmm 0,05 2,68 3,54 3,19 n.s.AnimaForza 1 B mmmmm 0,05 2,66 3,54 3,19 —AnimaForza 1 Y mmmmm 0,07 3,00 3,54 3,54 2,90AnimaForza 2 A mmmmm 0,09 4,92 6,52 5,33 n.s.AnimaForza 2 B mmmmm 0,07 4,90 6,52 5,33 —AnimaForza 2 Y mmmmm 0,11 5,30 6,52 5,72 4,55ANM Anima Riserva Emer.A mmmmm -0,73 5,52 5,63 — —ANM Anima Riserva Emer.F mmmmm -0,69 5,99 5,63 — —ANM Anima Riserva Glob.A mmmmm -0,70 1,37 0,36 — —ANM Anima Riserva Glob.F mmmmm -0,68 1,59 0,36 — —AureoCedola I -2016 mmmmm -0,25 5,42 — — —AureoCedola II - 2017 mmmmm -0,30 7,55 — — —AzimutTrendTassi mmmmm -1,20 2,30 — 5,63 2,44BancoPostaObb.Sett. 2016 mmmmm — — — — —BancoPostaObbl Dic 2017 mmmmm -0,18 4,81 — — —BancoPostaObbl. Ott17 mmmmm -0,33 0,83 — — —BCCCed. Att. Dicembre18 mmmmm -0,28 — — — —BCCCed. Att. Marzo 19 mmmmm -0,40 — — — —BCCCed. Dicembre18 mmmmm -0,29 — — — —BCCCed. Marzo19 mmmmm -0,28 — — — —BCCCed.Att. Settembre19 mmmmm — — — — —BCCCed.Più Settembre19 mmmmm — — — — —BCCCed.Reale Settemb.19 mmmmm — — — — —BCCCedola III Op- 2017 mmmmm -0,33 5,53 — — —BCCCedola IV -2018 mmmmm -0,15 8,09 — — —BCCCedola IV Op-2018 mmmmm -0,34 6,46 — — —BCCCedola V -2018 mmmmm -0,24 8,46 — — —BCCCedola V Op-2018 mmmmm -0,26 6,02 — — —BnlObbl. Globali mmmmm -0,87 8,19 9,51 6,81 4,61EurizonObbl. CedolaA mmmmm -0,19 2,58 2,82 — —EurizonObbl. CedolaD mmmmm -0,20 2,58 2,82 3,29 1,55EurizonObbl. EticoE mmmmm -0,03 7,18 7,04 7,62 5,31FoiCore BondR mmmmm 0,37 4,56 — 4,15 —FoiCore BondT mmmmm 0,40 4,97 — 4,56 —FoiEu YieldPl S mmmmm -0,27 0,89 — 0,37 —FonderselSh. Term Asset mmmmm 0,01 0,48 — — —FonditCore BondS mmmmm -0,09 2,62 — — —Fonditalia Eu YieldPl R mmmmm -0,05 1,77 — 1,47 n.s.Fonditalia Eu YieldPl T mmmmm -0,03 2,13 — 1,84 n.s.Fonditalia GlobConv. R mmmmm 0,57 0,78 — — —Fonditalia GlobConv. S mmmmm 0,06 -1,17 — — —Fonditalia GlobConv. T mmmmm 0,63 1,43 — — —Fonditalia InflatLinked R mmmmm 0,61 4,89 — 2,39 3,59Fonditalia InflatLinked T mmmmm 0,65 5,30 — 2,80 3,99GestielleObbl. Corp. A mmmmm -0,06 5,97 5,61 10,97 7,21GestielleObbl. Corp. B mmmmm 0,01 6,85 — 11,90 7,63Interf. InflationLinked mmmmm 0,65 5,39 — 3,10 4,44InterfundGlob.Convert mmmmm 0,76 2,01 — 7,55 —NordfondoObbl. Conv.A mmmmm -0,12 -0,54 0,11 6,36 3,06NordfondoObbl. Conv.CY mmmmm -0,05 0,26 0,11 — —PioneerCIM EuroFixIncome mmmmm -0,32 6,53 — 6,70 6,01PioneerObb.Euro Distr A mmmmm — — 8,79 — —RasLux Short T. Dollar mmmmm — — — — —RasLux Short T. Eur. mmmmm — — — — —Star CollOb Inter. A# mmmmm -0,60 9,62 8,66 — —Star CollOb Inter. CY# mmmmm -0,46 10,21 8,66 — —Star CollOb M/L TerA# mmmmm 0,02 6,82 8,89 — —Star CollOb M/L TerCY# mmmmm 0,07 7,35 8,89 — —UBIPra. Obb. Dollari mmmmm -0,02 11,02 12,18 5,28 7,13jpmglobal -0,38 7,18 — 2,42 5,37ob.misti -0,58 5,41 — 7,26 3,82AcomeAPerform. A1 mmmmm 0,81 6,73 5,64 10,87 5,76AcomeAPerform. A2 mmmmm 0,85 7,31 5,64 11,41 —AlleanzaObbligaz. mmmmm -0,93 3,11 10,97 6,83 1,86AnimaTr. 18 It.Al.Pot.II mmmmm -0,34 5,16 — — —AnimaTr. 21Globale mmmmm 0,04 — — — —AnimaTr.18 Eu.Al.Pot.II mmmmm -0,08 4,91 — — —AnimaTr.18 Eu.Al.Pot.III mmmmm -0,06 5,16 — — —AnimaTr.19 Cre.Sost. mmmmm -0,02 7,41 — — —AnimaTr.19 Cre.Sost. II mmmmm -0,05 7,60 — — —AnimaTrag 18 Alto Pot. mmmmm -0,11 5,26 — — —AnimaTrag 18 Eu.Al.Pot. mmmmm -0,04 4,94 — — —AnimaTrag 18 It.Al.Pot. mmmmm -0,37 5,24 — — —AnimaTrag 2019 Glob mmmmm -0,04 — — — —AnimaTrag 2019 Glob II mmmmm -0,12 — — — —







AnimaTrag 2019 MultiAss mmmmm 0,12 — — — —AnimaTrag Ced. America mmmmm 0,04 — — — —AnimaTrag Cedola Europa mmmmm -0,27 — — — —AnimaTrag. 19 FlexII mmmmm — 5,74 — — —AnimaTrag. 19 Plus mmmmm -0,04 5,73 — — —AnimaTrag. 19 PlusII mmmmm -0,06 5,86 — — —AnimaTrag. 2019 Flex mmmmm 0,04 5,85 — — —AnimaTrag. Crescita Ita mmmmm -0,28 — — — —AnimaTrag. Dinamico mmmmm — 5,84 — — —ANM Anima Cap.Più15N# mmmmm 0,17 3,05 5,53 — —ANM Anima SforzescoA mmmmm -0,26 4,40 5,67 5,88 4,22ANM Anima SforzescoF mmmmm -0,18 5,23 5,67 — —ArcaObbligaz. Europa mmmmm 0,01 8,47 9,93 7,80 5,40BancoPostaMix1 mmmmm -0,38 4,19 — 6,14 4,20EticaObbl. MistoIEY mmmmm -0,01 7,12 8,36 — —EticaObbligaz. mistoE mmmmm -0,07 6,47 8,36 5,49 4,58EurizonDiversEticoE mmmmm -0,03 3,95 4,79 6,96 4,10EurizonRenditaA mmmmm -0,32 1,36 0,73 — —EurizonRenditaD mmmmm -0,32 1,36 0,73 3,51 1,74EurizonSoluzione 10 mmmmm -0,26 3,29 3,60 4,66 2,18GestielleCed.Multi Tar mmmmm -1,00 7,84 — — —GestielleCed.Multi Tar2 mmmmm -0,29 3,34 — — —GestielleCedola PiùIta mmmmm -1,63 2,32 — — —Nextam Part.Obbl. Misto mmmmm -0,20 8,38 — 9,71 5,33NordfondoEtico ObMistoE mmmmm -0,52 4,28 7,29 6,20 2,07PioneerOb. Piu' Dis A mmmmm — — 3,77 — —PioneerOb. Piu' Dis B mmmmm — — — — —Symp. Patrim. Redd. mmmmm -0,25 3,96 — 6,06 3,62SynergiaBilanciato 15 mmmmm -0,42 3,61 5,52 5,26 2,92UBIPra. Port. Prudente mmmmm -0,21 3,62 5,11 2,80 2,51Unicredit RedditoA# mmmmm — — — — —Unicredit RedditoB# mmmmm — — — — —ZenitMc Obbligaz. Cl.I mmmmm -0,72 2,16 — 4,64 2,87ZenitMc Obbligaz. Cl.R mmmmm -0,76 1,60 6,95 4,10 2,3480%jpm global&20%msci world -0,11 8,95 — 5,93 7,54ob.flessibili -0,21 3,95 — 5,53 3,35AllianzObbligaz. Flessibile mmmmm — — — — —Alto Eu Flessibile Obbl. mmmmm -0,20 -2,36 — 6,42 1,74AmundiDiv.Attiva 18 mmmmm -0,07 7,43 — — —AmundiDiv.Attiva 18 4 mmmmm -0,02 5,84 — — —AmundiDiv.Attiva 18 Due mmmmm -0,04 7,18 — — —AmundiDiv.Attiva 18 Tre mmmmm -0,08 6,45 — — —AmundiDiv.Attiva 19 mmmmm -0,12 — — — —AmundiMeta 19Prem. Due mmmmm -0,08 — — — —AmundiMeta 2018 mmmmm -0,15 4,85 — — —AmundiMeta 2018 Due mmmmm -0,28 4,98 — — —AmundiMeta 2018 Quattro mmmmm -0,20 6,67 — — —AmundiMeta 2018 TRE mmmmm -0,26 6,09 — — —AmundiMeta 2019 Premium mmmmm -0,15 6,65 — — —AmundiMeta Opp. 2017 mmmmm -0,06 — — — —AmundiMeta Plus 19AE Due mmmmm -0,54 7,98 — — —AmundiMeta Plus 19AE TRE mmmmm -0,43 — — — —AmundiMeta Plus 19Mer Sv mmmmm -0,11 — — — —AmundiMeta Plus 19Usa mmmmm 0,05 10,41 — — —AmundiMeta Plus 2019 AE mmmmm -0,62 8,36 — — —AmundiOriz.19 Ced eDiv mmmmm -0,46 6,23 — — —AmundiOriz.19 Ced eDiv 2 mmmmm -2,29 6,06 — — —AmundiTraguardo 3% mmmmm -0,20 3,98 — — —AnimaRend.Ass.Obbligaz. A mmmmm -1,36 3,58 — 3,35 n.s.AnimaRend.Ass.Obbligaz. Y mmmmm -1,33 4,22 — 3,92 n.s.AnimaRisparmio A mmmmm -0,11 — — — —AnimaTrag 2017 Ced4 II mmmmm -0,19 4,28 — — —ANM Anima Risparmio AD mmmmm -0,09 1,74 — 3,21 1,70ANM Anima Risparmio F mmmmm -0,09 1,77 — — —ANM Anima Tr.18 M.CedII mmmmm -0,38 5,88 — — —ANM Anima Trag 17Ced4 mmmmm -0,17 3,31 — — —ANM Anima Trag 17Ced4 3 mmmmm -0,39 4,95 — — —ANM Anima Trag 2016Ced3 mmmmm -0,08 -0,44 — 6,66 —ANM Anima Trag 2017M.Ced mmmmm -0,39 4,93 — — —ANM Anima Trag 2018C.Sem mmmmm -0,42 5,92 — — —ANM Anima Trag 2018T.Ced mmmmm -0,35 5,68 — — —ANM Anima Trag II2016 mmmmm -0,19 2,99 — 7,42 —ANM Anima Traguardo2016 mmmmm -0,07 2,44 — 7,04 —ANM Anima Traguardo2018 mmmmm -0,17 5,11 — 10,30 —Arca19Red. Multiv. P mmmmm -1,04 — — — —

Arca19Red. Multiv. R mmmmm -1,06 — — — —Arca19Red. Multiv.II P mmmmm -0,83 — — — —Arca19Red. Multiv.II R mmmmm -0,83 — — — —Arca19Red.Multiv.IIIP mmmmm — — — — —Arca19Red.Multiv.IIIR mmmmm — — — — —ArcaCedBondGlob Eur mmmmm -0,02 1,69 — 5,52 —ArcaCed.18 Ob.Att.IIIP mmmmm -0,06 6,71 — — —ArcaCed.18 Ob.Att.IIIR mmmmm -0,06 6,77 — — —ArcaCed.18 Ob.Att.IV P mmmmm -0,06 5,01 — — —ArcaCed.18 Ob.Att.IV R mmmmm -0,04 5,05 — — —ArcaCed.18 Ob.Attiva II mmmmm -0,11 6,20 — — —ArcaCed.18 Obb.Attiva mmmmm -0,06 6,14 — — —ArcaCed.18 Paesi Em.VL P mmmmm 0,17 4,15 — — —ArcaCed.18 Paesi Em.VL R mmmmm 0,19 4,19 — — —ArcaCed.18 Paesi Em.VL2 P mmmmm 0,43 4,80 — — —ArcaCed.18 Paesi Em.VL2 R mmmmm 0,45 4,86 — — —ArcaCed.18 Paesi Em.VL3 P mmmmm 0,15 8,45 — — —ArcaCed.18 Paesi Em.VL3 R mmmmm 0,17 8,53 — — —ArcaCed.19Ob.Att. VIP mmmmm -0,12 — — — —ArcaCed.19Ob.Att. VIR mmmmm -0,12 — — — —ArcaCed.19Ob.Att.V P mmmmm -0,04 — — — —ArcaCed.19Ob.Att.V R mmmmm -0,04 — — — —ArcaCed.19Ob.Att.VII P mmmmm 0,40 — — — —ArcaCed.19Ob.Att.VII R mmmmm 0,40 — — — —ArcaCed.19Ob.Att.VIII P mmmmm — — — — —ArcaCed.19Ob.Att.VIII R mmmmm — — — — —ArcaCed.Bo.2015 Alto Pot mmmmm -0,04 1,83 — 5,76 —ArcaCed.Bo.2015 Alto Pot.2 mmmmm -0,09 3,32 — 6,50 —ArcaCed.Bo.2016 Alto Pot.3 mmmmm -0,25 4,70 — 8,73 —ArcaCed.Bo.2017Alto Pot.4 mmmmm -0,09 5,59 — — —ArcaCed.Bo.2017Alto Pot.5 mmmmm -0,16 5,13 — — —ArcaCed.Bo.2017Alto Pot.6 mmmmm -0,13 5,36 — — —ArcaCed.BondGlob.Eu II mmmmm -0,11 2,21 — 4,81 —ArcaCed.BondGlob.Eu III mmmmm -0,06 2,55 — 4,99 —ArcaCed.BondPaesi Em. mmmmm 0,08 3,20 — 4,75 —ArcaCed.Corp.BondIV mmmmm 0,02 0,70 — 2,95 —ArcaCed.Gov.Eu.Bond IV mmmmm -0,04 0,71 — 6,11 —BCCRisparmio Obbligaz. mmmmm -0,26 3,48 — 3,44 1,65BNL RedditoPlus mmmmm -0,52 4,00 — 3,64 —Consult High YieldA1 mmmmm -0,89 — — — —Consult High YieldA2 mmmmm -0,89 10,40 — 10,50 6,45Consult High YieldB1 mmmmm -0,89 — — — —Consult High YieldIY mmmmm -0,82 — — — —Consult RedditoA1 mmmmm -1,30 — — — —Consult RedditoA2 mmmmm -1,30 7,86 — 9,54 4,07Consult RedditoB1 mmmmm -1,28 — — — —Consult RedditoB2 mmmmm -1,29 7,90 — — —Consult ValoreA2 mmmmm -0,64 4,86 — 8,53 3,29Consult ValoreB2 mmmmm -0,64 4,86 — — —ConsultinvestReddito IY mmmmm -1,25 — — — —ConsultinvestValore A1 mmmmm -0,64 — — — —ConsultinvestValore B1 mmmmm -0,65 — — — —ConsultinvestValore IY mmmmm -0,59 — — — —EurizonCed. Doc 02/19 mmmmm 0,20 8,36 — — —EurizonCed. Doc 04/19 mmmmm 0,25 8,68 — — —Euromob.Cedola 2018 mmmmm -0,08 — — — —Euromob.Cedola 3- 2017 mmmmm — 5,08 — — —Euromob.Crescita Attiva mmmmm 0,12 — — — —Euromob.Emerg Mkt Bond mmmmm 0,12 4,12 — 2,04 n.s.Euromob.F2 mmmmm -0,04 1,35 — 2,05 1,40Euromob.Obiettivo 2015 mmmmm — 2,52 — 5,73 —FoiGlobalBond R mmmmm 0,60 4,11 — 1,70 —FoiGlobalBond S mmmmm 0,06 1,87 — -0,77 —FoiGlobalBond T mmmmm 0,63 4,56 — 2,16 —FonditEthical R mmmmm 0,20 1,65 — — —FonditEthical TY mmmmm 0,20 1,70 — — —Fonditalia FlexibBondR mmmmm 0,15 2,50 — 1,98 n.s.Fonditalia FlexibBondS mmmmm -0,35 0,50 — 0,02 —Fonditalia FlexibBondT mmmmm 0,17 2,94 — 2,39 n.s.GestielleCedFissa II A mmmmm -0,24 1,33 — — —GestielleCedFissa II BY mmmmm -0,18 2,17 — — —GestielleCedola Fissa mmmmm -0,32 2,33 — — —GestielleCedola O.B.E. mmmmm 0,02 0,59 — 3,87 —GestielleCedola Più mmmmm -1,19 2,40 — — —GIFocus Obbligazionario mmmmm -1,43 -1,39 — -0,59 -0,67







MediolanumFleObb Glob L mmmmm -0,29 2,79 — 5,38 n.s.RitorniReali mmmmm 0,23 7,11 — 5,80 1,89SoprarnoRedd.& Cresc. A mmmmm -0,20 — — — —SoprarnoRedd.& Cresc. BY mmmmm -0,18 — — — —Symp. Obb.Alto Pot. mmmmm — 2,66 — — —Symp. Obb.Din. Val. mmmmm -0,88 2,11 — n.s. n.s.SynergiaBondFlessib. mmmmm -0,41 1,40 — — —UBIPra. Active Duration mmmmm -0,65 -0,38 — 1,68 0,76UBIPra. Tot RetPr mmmmm -0,23 1,75 — 1,77 1,24UniCreditSoluzione BTA mmmmm — — — — —UniCreditSoluzione BTB mmmmm — — — — —jpmgbi global all.mat. -0,38 7,18 — 2,42 5,37ob.italia — — — — —ANM Anima TricoloreA mmmmm -1,32 10,47 12,29 — —ANM Anima TricoloreF mmmmm -1,28 10,80 12,29 — —AzimutSolidity mmmmm -0,65 7,00 — 7,12 3,03EpsilonItalyBo.Sh.Term A mmmmm -0,08 0,06 0,67 — —EpsilonItalyBo.Sh.Term B mmmmm -0,06 0,35 0,67 1,64 1,28EpsilonItalyBo.Sh.Term I mmmmm -0,03 0,50 0,67 — —EurizonObbl. ItaBT A mmmmm -0,33 1,29 1,55 3,14 1,74EurizonObbl. ItaBT B mmmmm -0,30 1,57 1,55 3,44 2,03PioneerOb.Sist.It Dis A mmmmm — — 12,15 — —PioneerOb.Sist.It Dis B mmmmm — — — — —jpmgbi italy tradedindex -0,72 13,04 — 13,32 6,57monetariarea euro -0,08 0,16 — 1,40 0,79AcomeALiquidita' A1 mmmmm -0,08 1,14 0,36 5,21 n.s.AcomeALiquidita' A2 mmmmm -0,08 1,14 0,36 5,21 —Agora Cash mmmmm 0,02 0,58 0,33 0,76 1,09AllianzLiquidita'A mmmmm — — 0,36 — —AllianzLiquidita'B mmmmm — — 0,36 — —Anfiteatro Tesoreria mmmmm — — — — —ANM Anima Liq. EuroA mmmmm -0,06 0,19 0,44 — —ANM Anima Liq. EuroF mmmmm -0,03 0,49 0,44 — —ANM Anima Liq. EuroI mmmmm -0,04 0,39 0,44 1,68 1,07AzimutGaranzia mmmmm -0,15 -0,11 — 2,01 0,84BancoPostaLiquidità mmmmm -0,05 0,40 — 1,44 n.s.BCCMonetario mmmmm -0,07 -0,09 0,30 0,43 0,28Bnl Liquidita' mmmmm -0,01 -0,05 0,13 1,06 0,42EurizonTesor.EuroA mmmmm -0,10 0,15 0,45 1,35 0,86EurizonTesor.EuroB mmmmm -0,06 0,47 0,45 1,66 1,16Fideuram Moneta mmmmm -0,10 -0,18 0,58 1,00 0,62Interf.Euro LiquidityY mmmmm -0,12 -0,07 — — —NordfondoLiquiditàA mmmmm -0,06 0,31 0,32 1,66 0,81NordfondoLiquiditàCY mmmmm -0,05 0,47 0,32 — —PioneerLiquidita'Euro mmmmm — — 0,12 — —SynergiaTesoreria mmmmm -0,08 0,19 0,36 1,04 0,71UBIPra. Euro Cash mmmmm -0,11 0,07 0,36 1,40 0,69jpmigbi 3m cash 0,01 0,33 — 0,69 0,94flessibilifondiflessibili -0,33 3,30 — 5,45 2,838a+GranParadiso mmmmm -0,46 -1,22 — -0,86 0,208a+Latemar mmmmm -1,62 -0,21 — 4,87 2,62AcomeAEtf Attivo A1 mmmmm -2,14 0,07 — 7,59 n.s.AcomeAEtf Attivo A2 mmmmm -2,04 0,95 — 8,58 —AcomeAPatr. Aggr.A2 mmmmm -0,19 6,22 — 10,14 —AcomeAPatr. Aggr.A1 mmmmm -0,30 5,07 — 9,05 3,68AcomeAPatr. Dinam.A1 mmmmm 0,30 5,60 — 9,56 5,09AcomeAPatr. Dinam.A2 mmmmm 0,37 6,41 — 10,30 —AcomeAPatr. Prud. A1 mmmmm 0,86 6,76 — 9,87 6,30AcomeAPatr. Prud. A2 mmmmm 0,90 7,40 — 10,69 —ActiveDiscovery FlexY mmmmm 0,36 3,76 — — —ActiveGlobal FlexY mmmmm 0,36 3,76 — — —ActiveIncome FlexY mmmmm 0,38 3,97 — — —ActiveOpport. FlexY mmmmm 0,36 3,76 — — —Agora 4Invest mmmmm -0,25 2,97 — — —Agora Pegasus mmmmm -1,20 1,51 — — —Agora Selection# mmmmm -0,46 -0,89 — -3,72 -2,66Agora ValoreProtetto mmmmm -0,24 1,51 — 1,99 1,87Agoraflex QY mmmmm -1,28 -0,01 — — —Agoraflex R mmmmm -1,44 -1,38 — 0,35 0,56AlaricoRe mmmmm -0,56 2,99 — 11,60 1,37AlkimisCap UcitsAcc. mmmmm 1,17 3,74 — 5,17 —AlkimisCap UcitsCoup. mmmmm 1,18 3,41 — — —AllianzGlobalStrategy 15 mmmmm — — — — —

AllianzGlobalStrategy 30 mmmmm — — — — —AllianzGlobalStrategy 70 mmmmm — — — — —AmundiAccumulaz. Att. 2 mmmmm -0,06 — — — —AmundiAccumulazione Att. mmmmm 0,62 — — — —AmundiEu Brasile 2016G mmmmm -1,56 -8,74 — -4,38 —AmundiEu Bric 2017GY mmmmm 1,94 6,17 — 3,53 —AmundiEu Cina Ripr 2015 mmmmm -1,66 2,19 — 4,35 —AmundiEu Cr.Ar.Euro 19G mmmmm 1,52 9,05 — — —AmundiEu Cr.Az 2017G mmmmm -0,62 -1,50 — 6,73 —AmundiEu Cr.Az II 2017G mmmmm 0,45 3,38 — — —AmundiEu Cr.Fin 2015G mmmmm -5,01 1,83 — 11,19 —AmundiEu Cr.Fin 2017G mmmmm -0,38 6,79 — 12,26 —AmundiEu Cr.Ita 2015G mmmmm -6,46 1,11 — 8,77 —AmundiEu Cr.Ita 2018G mmmmm -0,83 5,30 — — —AmundiEu Cr.Set.Imm17G mmmmm 0,65 6,30 — 10,34 —AmundiEu Cr.Tai 2018G mmmmm -0,23 8,45 — — —AmundiEu CV 17G mmmmm 0,90 8,47 — 9,51 —AmundiEu CV 18G mmmmm 1,24 7,61 — — —AmundiEu Double CallG mmmmm -17,50 -10,28 — 1,79 0,78AmundiEu EuEmRip17GY mmmmm -1,26 0,14 — 5,35 —AmundiEu Italia DopOp18G mmmmm -0,50 7,16 — — —AmundiEu Ma.In.DpOp18G mmmmm 0,48 2,12 — — —AmundiEu Merc. Em.18G mmmmm -0,14 -0,33 — — —AmundiEu P IV 2017G mmmmm -0,03 1,43 — 5,83 —AmundiEu Sv M P2016GY mmmmm -1,33 -2,92 — -0,13 —AmundiEu Sv.It-Fr-Sp18G mmmmm -0,38 5,98 — — —AmundiEu Svi. Russia18G mmmmm 1,23 -7,31 — — —AmundiEu Svi.Germa18G mmmmm 1,59 3,64 — — —AmundiEu Svil.En. 2016G mmmmm -1,64 -0,83 — 3,86 —AmundiEu Svil.Merc.Em17G mmmmm 0,49 -1,57 — — —AmundiEu Utilit.DopOp18G mmmmm 0,05 11,86 — — —AmundiEu.Cr.Cina 2017G mmmmm 2,09 3,92 — 3,61 —AmundiEu.En.DpOp18GY mmmmm -1,71 1,35 — — —AmundiEu.Sv.Gr.Cina18G mmmmm 0,92 8,38 — — —AmundiEur. BRICT Pr17G mmmmm 3,14 4,48 — 4,11 —AmundiEur.Svil.USA 2016G mmmmm 2,52 6,11 — 11,76 —AmundiEur.Svil.USA 2018G mmmmm 1,48 6,71 — — —AmundiEureka Cina2015G mmmmm 1,18 1,06 — 2,25 —AmundiEureka DragonG mmmmm 0,23 0,50 — 3,10 4,48AmundiEureka Or 2015G mmmmm 1,51 -0,55 — 3,40 —AmundiEureka Rip.22014 mmmmm -5,51 -4,81 — 4,51 —AmundiEureka Sett.2016G mmmmm -0,36 1,28 — 3,54 —AmundiFlessibile# mmmmm 0,49 9,61 — 5,27 3,64AmundiFoGaEMEqRe 2014 mmmmm -0,08 -0,49 — 0,49 0,85AmundiForGaEqRe 14 mmmmm -4,49 -9,22 — -0,16 -0,19AmundiMeta Plus 20AE Usa mmmmm -0,17 — — — —AmundiMeta Plus 20Mer Sv mmmmm 0,08 — — — —AmundiMeta Plus Din 20AE mmmmm 0,02 — — — —AmundiMetaPlusDin20AE Us mmmmm 0,22 — — — —AmundiPiu'# mmmmm -0,12 1,47 — 1,47 1,15AmundiOriz2019MarcGlLus mmmmm -0,13 — — — —Anfiteatro TotalReturn mmmmm — — — — —AnimaActive Curr. FlexY mmmmm 0,28 — — — —AnimaEvoluzione 2017I mmmmm -0,12 — — — —AnimaEvoluzione 2017II mmmmm — — — — —AnimaEvoluzione 2019II mmmmm -0,14 — — — —AnimaEvoluzione 2019III mmmmm -0,10 — — — —AnimaEvoluzione 2019IV mmmmm — — — — —AnimaRussell Multi-Asset mmmmm 0,66 — — — —AnimaSelection mmmmm 0,53 — — — —AnimaStar Eu AltoPot A mmmmm 0,70 1,83 — 5,66 4,69AnimaStar Eu AltoPot Y mmmmm 0,78 2,81 — 6,58 5,59AnimaStar ItAltoPot A mmmmm -0,98 3,47 — 6,10 5,07AnimaStar ItAltoPot Y mmmmm -0,91 4,41 — 7,00 5,78AnimaStar ItAltoPot YD mmmmm -0,90 — — — —AnimaTr.18 It.Al.Pot.III mmmmm -0,38 5,17 — — —AnimaTrag Evoluz 2019 I mmmmm -0,12 — — — —ANM Anima Alto Pot.Gl.A mmmmm 0,60 1,92 — 5,81 4,13ANM Anima Alto Pot.Gl.F mmmmm 0,72 3,20 — — —ANM Anima FondoTrading A mmmmm 1,64 1,06 — 8,10 5,67ANM Anima FondoTrading F mmmmm 1,77 2,48 — — —AnthiliaOrangeY# mmmmm 0,54 3,20 — 3,64 2,29AnthiliaYellow mmmmm 0,55 6,59 — 9,99 4,19ArcaBondFlessibile mmmmm -0,38 — — — —ArcaCashPlus mmmmm -0,02 1,45 — 3,20 n.s.







ArcaFormEuStoxx (R)2015 mmmmm -0,82 2,05 — 12,17 —ArcaFormII EStox (R)2015 mmmmm -0,86 1,26 — 9,40 —ArcaStrat.Gl.Crescita mmmmm -0,03 1,87 — 4,85 3,70ArcaStrat.Gl.Opportun. mmmmm -0,02 4,94 — 7,73 6,27AzimutDinamico mmmmm -0,51 0,55 — 6,53 2,51AzimutScudo mmmmm -0,41 6,01 — 7,92 3,78AzimutStr. Trend mmmmm 0,68 5,19 — 10,87 6,17AzimutTrend mmmmm 0,96 12,59 — 16,04 11,43AzimutTrendAmerica mmmmm 0,74 14,63 — 15,27 12,10AzimutTrendEuropa mmmmm -1,79 2,71 — 8,47 2,13AzimutTrendItalia mmmmm -5,99 -0,17 — 12,03 1,33AzimutTrendPacifico mmmmm 3,13 7,57 — 7,47 5,93BancoPosta Extra mmmmm — — — — —BancoPosta Step mmmmm 0,10 1,06 — -0,61 —BancoPosta Trend mmmmm -0,04 1,42 — 4,42 —BancoPostaInv Pr 90 mmmmm — — — — —BancoPostaObbl Giu 2015 mmmmm — 0,90 — 4,06 —BancoPostaObbl Giu 2017 mmmmm -0,18 4,30 — — —BCCCedola III -2017 mmmmm -0,24 6,82 — — —BCCCrescita Bilanciato mmmmm 0,42 6,86 — 6,90 3,17BCCInvestimento Azion. mmmmm 0,39 4,51 2,15 6,57 1,12BCCSelez. Crescita# mmmmm 1,64 5,74 — n.s. n.s.BCCSelez. Investimento# mmmmm 1,19 5,26 2,15 6,81 5,17BCCSelez. Opportunità# mmmmm 0,24 2,49 — n.s. n.s.BCCSelez. Risparmio# mmmmm 0,51 2,74 — n.s. n.s.BNL Assetto Comfort mmmmm -0,14 0,54 — 1,77 0,71BNL Assetto Dinamico# mmmmm 0,32 6,51 — 3,94 2,95BNPP StrategyConvictions# mmmmm -0,70 — — — —Consult Alto DivA1 mmmmm -1,24 — — — —Consult Alto DivA2 mmmmm -1,24 5,13 — 8,84 6,77Consult Alto DivB1 mmmmm -1,27 — — — —Consult Alto DivB2 mmmmm -1,25 5,08 — — —Consult High YieldB2 mmmmm -0,90 10,43 — — —Consult MercatiEm A1 mmmmm 0,51 — — — —Consult MercatiEm A2 mmmmm 0,53 2,29 — 0,91 -0,03Consult Multi FlexIY mmmmm -0,65 — — — —Consult Multi High VolA# mmmmm 0,43 3,13 — — —Consult Multi High VolB# mmmmm 0,43 2,87 — — —Consult Multi LowVol A# mmmmm 0,18 2,72 — — —Consult Multi LowVol B# mmmmm 0,20 2,68 — — —Consult Multi LowVol IY mmmmm 0,27 — — — —Consult Multi Med Vol A# mmmmm 0,28 2,72 — — —Consult Multi Med Vol B# mmmmm 0,28 2,68 — — —Consult Multi OpportA# mmmmm -0,61 2,97 — — —Consult Multi OpportB# mmmmm -0,59 2,76 — — —ConsultinvestMulti Flex A# mmmmm -0,81 1,56 — 6,58 3,57ConsultinvestMulti Flex B# mmmmm -0,81 1,45 — — —ConsultinvestPlus A1 mmmmm -0,61 — — — —ConsultinvestPlus A2 mmmmm -0,60 4,66 — 8,13 4,06ConsultinvestPlus IY mmmmm — — — — —ECCapProtetto 12/14P mmmmm 0,04 1,27 — 5,82 —EpsilonAll.Tattica09/19 mmmmm 0,08 — — — —EpsilonAll.Tattica11/19 mmmmm -0,10 — — — —EpsilonDLongRun mmmmm -0,07 6,14 — 7,80 4,01EpsilonFle ForexC02/19 mmmmm -0,19 — — — —EpsilonFle ForexC04/19 mmmmm -0,21 — — — —EpsilonFle ForexC07/19 mmmmm -0,28 — — — —EpsilonFle ForexC09/18 mmmmm -0,04 3,26 — — —EpsilonFle ForexC09/19 mmmmm -0,46 — — — —EpsilonFle ForexC11/19 mmmmm -0,06 — — — —EpsilonFle ForexC12/18 mmmmm -0,33 3,22 — — —EpsilonQReturn mmmmm -0,42 3,82 — 8,30 4,89EurizonCed.Att+ 05/18 mmmmm -1,05 4,34 — — —EurizonCed.Att+ 05/19 mmmmm -1,08 — — — —EurizonCed.Att+ 06/18 mmmmm -1,06 4,25 — — —EurizonCed.Att+ 07/19 mmmmm -1,15 — — — —EurizonCed.Att+ 12/19 mmmmm -0,32 — — — —EurizonCed.Att.+ 10/19 mmmmm -1,01 — — — —EurizonCed.Att.05/18 mmmmm -0,88 3,72 — — —EurizonCed.Att.05/19 mmmmm -0,95 — — — —EurizonCed.Att.06/18 mmmmm -0,91 3,56 — — —EurizonCed.Att.07/19 mmmmm -1,03 — — — —EurizonCed.Att.10/19 mmmmm -0,93 — — — —EurizonCed.Att.12/19 mmmmm -0,34 — — — —EurizonCed.Att.Top04/21 mmmmm 0,90 — — — —

EurizonCed.Att.Top05/20 mmmmm 0,91 4,82 — — —EurizonCed.Att.Top05/21 mmmmm 0,91 — — — —EurizonCed.Att.Top06/20 mmmmm 0,91 4,66 — — —EurizonCed.Att.Top07/20 mmmmm 0,81 5,08 — — —EurizonCed.Att.Top07/21 mmmmm 0,89 — — — —EurizonCed.Att.Top10/20 mmmmm 0,67 4,86 — — —EurizonCed.Att.Top10/21 mmmmm 0,88 — — — —EurizonCed.Att.Top12/20 mmmmm 0,90 4,98 — — —EurizonCed.Att.Top12/21 mmmmm -0,12 — — — —EurizonGes.At.Cla02/18# mmmmm -0,02 3,11 — — —EurizonGes.At.Cla04/18# mmmmm — 3,42 — — —EurizonGes.At.Cla04/19 mmmmm -0,29 — — — —EurizonGes.At.Cla05/19 mmmmm -0,31 — — — —EurizonGes.At.Cla07/19 mmmmm -0,12 — — — —EurizonGes.At.Cla10/18 mmmmm -0,31 3,33 — — —EurizonGes.At.Cla10/19 mmmmm -0,36 — — — —EurizonGes.At.Cla11/17# mmmmm -0,02 3,09 — — —EurizonGes.At.Cla12/18 mmmmm -0,31 3,04 — — —EurizonGes.At.Cla12/19 mmmmm -0,08 — — — —EurizonGes.At.Cla6/18# mmmmm — 3,30 — — —EurizonGes.At.Cla7/17# mmmmm -0,02 3,12 — — —EurizonGes.At.Cla7/18# mmmmm -0,19 3,05 — — —EurizonGes.At.Cla9/17# mmmmm 0,02 2,98 — — —EurizonGes.At.Din 02/18# mmmmm 0,15 5,25 — — —EurizonGes.At.Din 04/18# mmmmm 0,19 5,45 — — —EurizonGes.At.Din 04/19 mmmmm -0,02 — — — —EurizonGes.At.Din 05/19 mmmmm 0,19 — — — —EurizonGes.At.Din 07/19 mmmmm 0,26 — — — —EurizonGes.At.Din 10/18 mmmmm 0,13 5,49 — — —EurizonGes.At.Din 11/17# mmmmm 0,18 5,35 — — —EurizonGes.At.Din 12/18 mmmmm 0,19 4,98 — — —EurizonGes.At.Din 12/19 mmmmm -0,08 — — — —EurizonGes.At.Din 6/18# mmmmm 0,15 5,19 — — —EurizonGes.At.Din 7/18# mmmmm — 5,23 — — —EurizonGes.At.Din 9/17# mmmmm 0,29 5,19 — — —EurizonGes.At.Din. 7/17# mmmmm 0,18 5,45 — — —EurizonGes.At.Opp02/18# mmmmm -0,11 7,07 — — —EurizonGes.At.Opp04/18# mmmmm -0,05 7,21 — — —EurizonGes.At.Opp04/19 mmmmm 0,13 — — — —EurizonGes.At.Opp05/19 mmmmm 0,12 — — — —EurizonGes.At.Opp10/18 mmmmm -0,13 6,97 — — —EurizonGes.At.Opp11/17# mmmmm -0,19 6,80 — — —EurizonGes.At.Opp12/18 mmmmm 0,15 7,18 — — —EurizonGes.At.Opp6/18# mmmmm 0,04 6,90 — — —EurizonGes.At.Opp7/18# mmmmm 0,07 6,80 — — —EurizonGes.At.Opp9/17# mmmmm -0,16 6,61 — — —EurizonGes.At.Opp.7/17# mmmmm -0,20 6,88 — — —EurizonGest.At.Cla 12/17# mmmmm -0,02 3,06 — — —EurizonGest.At.Din10/19 mmmmm 0,08 — — — —EurizonGest.At.Din12/17# mmmmm 0,15 5,41 — — —EurizonGest.At.Opp 12/17# mmmmm -0,25 6,78 — — —EurizonGuidaAtt. 04/19 mmmmm -0,16 — — — —EurizonGuidaAtt. 05/19 mmmmm -0,22 — — — —EurizonGuidaAtt. 07/19 mmmmm -0,12 — — — —EurizonGuidaAtt. 10/18 mmmmm -0,19 3,13 — — —EurizonGuidaAtt. 10/19 mmmmm -0,22 — — — —EurizonGuidaAtt. 12/18 mmmmm -0,19 2,94 — — —EurizonGuidaAtt. 12/19 mmmmm -0,10 — — — —EurizonMAssetRed. 10/19 mmmmm -0,26 — — — —EurizonMAssetRed. 12/19 mmmmm -0,12 — — — —EurizonObiettivo Rend# mmmmm 0,27 3,04 — 3,63 2,01EurizonProfiloFle Dif.# mmmmm -0,08 1,90 — 3,07 1,76EurizonProfiloFle Equi# mmmmm 0,10 3,78 — 4,35 3,13EurizonProfiloFle Svil# mmmmm 0,58 6,04 — 6,31 4,93EurizonRend.Ass 2anni# mmmmm -0,12 1,92 — 2,85 1,57EurizonRend.Ass 3anni# mmmmm 0,15 3,02 — 4,03 1,82EurizonStra Pro 1tri13G# mmmmm -0,07 3,87 — 2,83 1,11EurizonStra. Flessib 15G mmmmm -0,50 1,86 — 2,31 1,18EurizonStra.Pro 1tri12G# mmmmm -0,09 2,28 — 3,55 2,06EurizonStra.Pro 2tri12G# mmmmm 0,04 2,68 — 2,73 1,53EurizonStra.Pro IIITr11G# mmmmm -0,08 1,71 — 3,72 2,57EurizonTeam 1Cl A# mmmmm -0,14 1,52 — 2,27 1,24EurizonTeam 1Cl G# mmmmm -0,11 1,82 — 2,56 1,41EurizonTeam 2Cl A# mmmmm — 2,28 — 2,86 1,86EurizonTeam 2Cl G# mmmmm 0,02 2,60 — 3,16 2,08







EurizonTeam 3 ClA# mmmmm — 2,86 — 3,60 2,52EurizonTeam 3 ClG# mmmmm 0,04 3,37 — 4,11 3,01EurizonTeam 4Cl A# mmmmm 0,13 3,45 — 4,41 3,58EurizonTeam 4Cl G# mmmmm 0,20 3,97 — 4,99 4,14EurizonTeam 5Cl A# mmmmm 1,02 4,96 — 5,82 4,58EurizonTeam 5Cl G# mmmmm 1,06 5,55 — 6,45 5,17Euromob.F3 mmmmm 0,37 2,24 — 2,90 1,70Euromob.RisingStars mmmmm 0,52 — — — —Euromob.Science4 Life mmmmm 1,80 — — — —Euromob.SevenStars mmmmm 0,31 1,96 — — —FinintAbsolute RetEuro mmmmm -2,36 — — — —FMS- AbsoluteReturn# mmmmm 0,32 1,44 — 1,38 -0,37FocusClasse A mmmmm -1,00 3,35 — 5,63 —FocusClasse R mmmmm — — — — —FoiFlexEurope R mmmmm -3,66 -7,85 — -3,08 —FoiFlexEurope T mmmmm -3,61 -7,21 — -2,45 —FoiFlexItaly R mmmmm -0,32 2,14 — 8,15 —FoiFlexItaly T mmmmm -0,19 2,78 — 8,72 —FondacoGlobal Opport. BY mmmmm 0,02 8,26 — — —FondacoGlobal Opport.Y# mmmmm 0,01 8,22 — 3,87 4,16FondacoIncome Classic B mmmmm — — — — —FondacoIncome Professional B mmmmm — — — — —FonderselWorld All.# mmmmm 1,22 6,95 — 4,52 2,06FonditDiver.RealAsset R mmmmm -0,67 2,52 — — —FonditDiver.RealAsset S mmmmm -1,28 0,25 — — —FonditDiver.RealAsset T mmmmm -0,62 3,19 — — —FonditEq GlHigh Div R mmmmm 1,13 12,52 — 13,91 7,54FonditEq GlHigh Div T mmmmm 1,18 13,20 — 13,45 7,44FonditFlexib StrategyR mmmmm 0,12 3,36 — 2,69 0,69FonditFlexib StrategyS mmmmm -0,69 0,59 — -0,06 —FonditFlexib StrategyT mmmmm 0,17 3,82 — 3,15 1,14FonditGlobal Income S mmmmm -0,82 1,40 — — —Fonditalia FlRisk ParR mmmmm 1,29 3,21 — 1,19 0,52Fonditalia FlRisk ParT mmmmm 1,24 3,80 — 1,72 1,07Fonditalia FlexibGrowthR mmmmm 0,53 3,63 — 3,26 1,89Fonditalia FlexibGrowthT mmmmm 0,56 4,00 — 3,63 2,30FondoAntelao# mmmmm 0,66 — — — —Formula 1Absolute mmmmm -2,02 -1,20 — 5,49 1,17Formula 1Conservative mmmmm -0,81 0,54 — 4,13 1,20Formula 1Target2014 mmmmm -0,25 0,52 — 4,90 0,83Formula Target17 Eq.Opt. mmmmm 0,01 1,51 — 3,60 1,03GestielleAbsolute R mmmmm -0,14 2,03 — 7,42 1,77GestielleBest Sel.Eq 20# mmmmm 0,07 1,91 — 3,65 1,65GestielleBest Sel.Eq.50 mmmmm 0,14 — — — —GestielleCed.Dual Brand mmmmm 0,40 — — — —GestielleCed.EuroItalia mmmmm -1,85 3,91 — — —GestielleCed.MultiAss II mmmmm 0,48 — — — —GestielleCed.MultiAsset mmmmm -0,35 — — — —GestielleDual Brand Eq30 mmmmm — — — — —GestielleMult.A.R. Plus# mmmmm -0,35 1,28 — — —GestielleMult.Ab.Ret# mmmmm 0,04 0,92 — 3,86 —GestielleOb America mmmmm 0,34 6,93 — 9,16 n.s.GestielleOb Brasile mmmmm -4,07 -4,41 — -4,56 —GestielleOb Cina mmmmm -0,28 4,41 — 4,42 n.s.GestielleOb East Europe mmmmm -0,53 -5,52 — 0,59 n.s.GestielleOb India mmmmm -0,58 5,60 — 0,62 n.s.GestielleOb Internaz. mmmmm 0,03 4,61 — 9,05 n.s.GestielleOb Piu'P mmmmm -0,30 0,45 — 6,44 —GestielleOb Risp A mmmmm -0,16 2,92 — 6,48 n.s.GestielleOb Risp B mmmmm -0,12 3,39 — 6,96 n.s.GestielleOb. Em. Mkt mmmmm -1,25 1,74 — 2,41 n.s.GestielleOb. Europa mmmmm 0,44 1,43 — 10,44 n.s.GestielleOb.Italia mmmmm -1,34 -0,12 — 10,18 n.s.GestnordAsset Allocation mmmmm -0,20 3,35 — 4,24 3,27IGMFdF Flessibile Cl.A# mmmmm -0,16 1,40 — 3,67 1,68IGMFdF Flessibile Cl.B# mmmmm -0,11 2,13 — 4,35 2,30Interf.Crescita Prot.80Y mmmmm — — — — —Interf.System Evolution mmmmm -0,64 3,98 — 4,09 2,47InterfundSystem 100 mmmmm -0,20 1,62 — 1,24 1,14InvestitoriFlessibile mmmmm — — — — —InvestitoriPiazza Affari mmmmm — — — — —ItalfortuneGlob TotRet mmmmm -0,25 1,08 — 6,87 n.s.

KairosIncome mmmmm -0,09 0,07 — 0,41 0,36KairosSelection mmmmm 0,37 -0,41 — 4,40 2,48Macro F.o. mmmmm 0,12 5,45 — 4,33 0,83MediolanumFleStrateg L mmmmm -0,70 5,84 — 7,15 n.s.MediolanumFlexGlob L mmmmm -0,67 5,18 — 7,90 n.s.MediolanumFlexItalia L mmmmm -5,53 -3,86 — 11,40 n.s.MediolanumFlexSvi ItaL mmmmm -1,13 — — — —MediolanumFlexVal.Att L mmmmm -0,22 — — — —PioneerInnovaz.Att. B# mmmmm — — — — —PioneerTarget Controllo A mmmmm — — — — —PioneerTarget Controllo B mmmmm — — — — —RaiffeisenStrat. Fonds mmmmm 0,29 1,14 — — —Sofia Flex mmmmm — — — — —SoprarnoInflaz. 1,5%A mmmmm -0,47 4,64 — 4,64 3,39SoprarnoInflaz. 1,5%BY mmmmm -0,45 4,71 — 4,83 3,59SoprarnoRelat ValueA mmmmm -0,02 6,24 — 4,77 3,47SoprarnoRelat. ValueBY mmmmm 0,03 6,75 — 5,26 3,92SoprarnoRit. Ass A mmmmm -0,73 4,51 — 4,79 4,12SoprarnoRit. Ass. BY mmmmm -0,70 5,27 — 5,38 4,71Star CollMulti As.GlA# mmmmm -0,22 0,58 2,12 — —Star CollMulti As.GlCY# mmmmm -0,14 1,22 2,12 — —Symp. AsiaFles. mmmmm 0,08 12,51 — 13,42 8,60Symp. Fortissimo mmmmm -0,81 10,41 — 14,29 6,10Symp. Patrim. Attivo mmmmm -0,75 3,97 — 7,05 3,60Symp. Tematico mmmmm -2,44 -9,03 — 2,89 0,09SynergiaTotal Return mmmmm -0,45 3,80 — 5,54 2,64UBIPra. Capital GrowthP mmmmm -0,39 — — — —UBIPra. Euro EqRisk Cont mmmmm -2,03 — — — —UBIPra. Inflat. ShieldP mmmmm 0,14 — — — —UBIPra. Mult.Vol.Target mmmmm -0,06 — — — —UBIPra. Protez. Mkt EuroP mmmmm -3,04 — — — —UBIPra. Tot. Ret. Din. mmmmm 0,10 1,38 — 0,93 -0,40UBIPra. Tot.Ret. Moderato A mmmmm -0,20 0,59 — -0,18 -0,55UBIPra. Tot.Ret. Moderato B mmmmm -0,18 0,76 — 0,01 -0,37Unicredit Eco Reale A# mmmmm — — — — —Unicredit Eco Reale B# mmmmm — — — — —UniCreditSol.Pa. Em. A mmmmm — — — — —UniCreditSol.Pa. Em. B mmmmm — — — — —UniCreditSoluzione 20A# mmmmm — — — — —UniCreditSoluzione 20B# mmmmm — — — — —UniCreditSoluzione 40A# mmmmm — — — — —UniCreditSoluzione 40B# mmmmm — — — — —UniCreditSoluzione 70A# mmmmm — — — — —UniCreditSoluzione 70B# mmmmm — — — — —Unicredit TrendA# mmmmm — — — — —Unicredit TrendB# mmmmm — — — — —VolterraAbsolute R mmmmm -0,15 2,88 — 8,06 1,65VolterraDinamico mmmmm -0,07 2,14 — 4,24 2,04ZenitMc Evoluzione Cl.I mmmmm -0,69 -2,33 — n.s. n.s.ZenitMc Evoluzione Cl.R mmmmm -0,81 -3,56 — n.s. n.s.ZenitMc ParsecCl.I mmmmm -1,50 -3,51 — — —ZenitMc ParsecCl.R mmmmm -1,63 -4,87 — n.s. n.s.msci world 0,95 16,05 — 18,08 14,83

Qualifiche: I Indicizzato; E Etico; P Capitale Protetto; G Capitale Garantito. (#) Fondo dei fondi. (Y) Fondo riservato. (W) Fondo garantito a formula. (L) Fondo liquidità dinamico.Il benchmark a 1 anno è fornito dalle Società.






sicav e fondi esteri autorizzati Uff. Studi Il Sole-24Ore in collaborazione con e

ailis fundsFLE Ailis CedolaDinamica mmmmm -0,61 2,78 —FLE Ailis RendimentoMisto mmmmm 6,76 5,15 —

alkenfundAER EuropeanOpps R mmmmm 7,40 20,98 13,79AER SmallCap Europe R mmmmm 9,03 24,74 15,00

amundiinter. sicavAIN InternationalSICAV mmmmm 1,29 5,45 5,82AIN InternationalSICAV mmmmm 9,48 9,40 10,22

anima assetmgmtAnimaFundsOIN Bd 2015Multic. Din.Silver mmmmm 1,14 4,78 —OEU Bd 2015Multic. Silver mmmmm 1,08 4,34 —OEU Bd 2016Multic. 2Silver mmmmm 1,78 5,05 —AER Europe Eq.Prestige mmmmm 3,65 13,36 9,07OEU LifeShort Term Silver mmmmm -0,45 0,49 -0,21LEE LiquidityA mmmmm -0,19 0,53 0,32LEE LiquiditySilver mmmmm -0,34 0,37 0,17OEU MediumTerm Bd Prest. mmmmm 8,96 7,19 4,49FLE Pro100 En. PulitaSilver mmmmm -0,02 0,75 —FLE Protetto100 Az.Gl. Silver mmmmm 1,47 2,80 —FLE Protetto100 BRIC Silver mmmmm 0,12 0,80 —OEU Short TermBd Prest. mmmmm 0,80 1,97 1,20FLE Star High Potent.Eur.Prest. mmmmm 2,20 6,06 6,36FLE Star MktNeutralEur.I mmmmm 0,12 0,39 1,99

anima sicavOEU EuroCorporateBonds mmmmm 5,20 4,65 2,32LEE EuroReserve mmmmm 0,00 0,95 0,55BIL EuropeanBalanced mmmmm 3,47 7,34 4,50OEU Italian Bonds mmmmm 6,90 7,63 2,98

az fund mgmt s.a.Cl. AZ Fund(ACC)FLE ActiveSelection mmmmm 1,08 4,61 0,56FLE ActiveStrategy mmmmm -1,33 2,30 —OEU AggregateBond Euro mmmmm 7,86 6,86 3,72OIN AlphaManager Credit mmmmm 1,09 3,27 2,84AIN AlphaManager Equity mmmmm 8,22 9,90 7,03AIN AlphaManager Thematic mmmmm 4,15 5,64 5,05AMA AmericanTrend mmmmm 15,55 15,22 12,21BIL AssetPlus mmmmm 1,59 2,76 1,67BIL AssetPower mmmmm 3,96 5,02 3,42OIN Best Bond mmmmm 0,97 2,98 —OIN Best Cedola mmmmm 2,08 3,06 —AIN Best Equity mmmmm 1,95 2,25 —OIN BondTarget 2015 mmmmm 2,90 6,62 —LEE Cash12 mesi mmmmm 1,36 2,39 —LEE CashOvernight mmmmm 0,96 1,74 —BIL CgmOpport. Corp.Bond mmmmm 5,36 6,39 —OMI CgmOpport. Gov.Bond mmmmm 5,56 4,09 —BIL Conservative mmmmm 5,32 7,07 3,83OIN CorporatePremium mmmmm 2,53 6,07 —BIL DividendPremium mmmmm 4,43 6,56 —AZE Em. Market Asia mmmmm 11,73 6,84 6,79AZE Em. Market Europe mmmmm -12,02 -3,47 -2,17AZE Em. Market Latin America mmmmm 0,57 -3,92 -2,26BIL EuropeanDynamic mmmmm 0,84 6,52 2,38AER EuropeanTrend mmmmm 2,62 8,58 2,00FLE Formula1 -Absolute mmmmm -0,19 6,34 1,76

FLE Formula1 -Alpha Plus mmmmm 0,90 1,33 1,38FLE Formula1 -Conservative mmmmm 1,24 3,16 0,59AMP FormulaCom. Trading mmmmm -5,44 -7,59 —FLE FormulaMacro Dyn.Trad. mmmmm 4,48 5,19 2,20OEU Income mmmmm 3,98 5,34 2,41FLE InstitutionalTarget mmmmm 4,63 4,82 —FLE Italian Trend mmmmm -3,76 9,75 -0,38AIN LongTerm Value mmmmm 11,06 13,18 7,88AER Opportunities mmmmm -0,48 10,49 7,44AAP Pacific Trend mmmmm 9,94 8,31 6,97BIL QBond mmmmm 5,32 — —FLE QProtection mmmmm 3,31 3,47 1,33FLE QTrend mmmmm 2,72 3,13 -0,60OAP RenminbiOpp.Hedge mmmmm 0,11 2,07 —LEE ReserveShort Term mmmmm 0,30 1,46 0,69OMI Solidity mmmmm 7,29 6,81 3,08FLE StrategicTrend mmmmm 7,13 11,28 6,58FLE Trend mmmmm 12,65 15,97 11,36OAM USIncome mmmmm 5,05 0,52 1,84Cl. AZ Fund(DIS)OIN Best Cedola mmmmm -0,39 -0,50 —OIN BondTarget 2015 mmmmm -0,79 2,98 —BIL DividendPremium mmmmm 0,06 1,61 —

baseinvest.s sicavOIN Bonds-Multicurrency EUR mmmmm -2,27 -0,85 —OEU BondsValueEUR mmmmm 5,41 9,16 5,09FLE FlexibleLow Risk Exp. mmmmm 6,52 5,97 —LEE Short TermEUR mmmmm 1,54 1,77 1,36

bgselection sicavAZE Africa&MiddleEast Eq mmmmm 13,86 9,01 4,84FLE Anima -Club mmmmm 1,46 4,91 —AEU Anima -Italy Equities mmmmm -2,83 7,53 -1,68FLE ARC mmmmm 0,90 3,44 1,37FLE ARC10 mmmmm 3,39 5,69 3,30FLE BlackRock -GL MA mmmmm 7,54 5,81 3,81AAP China&India Eq mmmmm 21,13 5,42 3,38AZE EasternEurope Eq mmmmm -17,41 -6,54 -4,37FLE Edmondde R.- S.Alpha mmmmm 2,14 4,97 —FLE Eurizon- Concerto mmmmm 3,38 4,58 2,22FLE FranklinT. -Multi Alpha F. mmmmm 5,14 5,05 —AER GlobalDynamic mmmmm 7,60 9,54 6,32FLE GlobalRisk Managed mmmmm 4,07 6,57 4,49BIL HSBC-Em. Mkts Solution mmmmm 7,40 2,88 —AAP Invesco-Asia Gl.Opps mmmmm 15,49 7,50 7,09AER Invesco-Europe Eq. mmmmm 1,90 10,86 5,19FLE JPM-Best Ideas mmmmm 6,39 8,74 —FLE Kairos -Blend mmmmm 4,37 6,08 —AZE LatinAmerica Eq mmmmm -4,70 -7,35 -4,16FLE Lemanik -Glocal Investor mmmmm -3,73 3,99 —FLE Leonardo- Navigator mmmmm 0,97 6,31 —LEE Liquidity mmmmm 0,36 0,86 0,63FLE MorganStanley- Act.All. mmmmm 6,62 7,17 4,30AMA MorganStanley-N.Am.Eq. mmmmm 13,97 13,93 11,20AZE Next11Equities mmmmm 7,37 4,09 —AIN PictetWorld Opportun. mmmmm 14,24 14,23 11,39FLE Schroder Multi Asset mmmmm 3,97 3,52 —FLE Swiss&GlobalFlex.Strat. mmmmm 3,39 4,43 3,17AIN T-Cube mmmmm 6,20 9,04 5,29BIL Vontobel -Gl.Elite mmmmm 9,72 4,78 3,57AAP Vontobel Pacific Equities mmmmm 5,45 3,19 1,82

datial 05.11.2014 rating perf.% rendim rendimcateg. fondi cfs lorda annuo annuo

1anno 3 anni 5anni


1anno 3 anni 5anni


sicav e fondi esteri autorizzati

bnp paribas assetmgmtFondicomuni didiritto franceseFLE BNPPRen. eCedola C mmmmm -0,13 0,41 —FLE Gar.Eur.3Sett-Gen2010 mmmmm 2,50 2,54 1,08

bny mellon assetmgmtBNYMellon Global FundsAZE Em. MktsEq. ValueF. mmmmm 9,81 4,08 4,66OEU EurolandBond mmmmm 9,78 8,27 6,52OIN GlobalBond A$ mmmmm 6,11 1,70 5,22OIN GlobalBond($) mmmmm 6,64 2,21 5,74

cb-accentlux sicavOEU BondEuro mmmmm 5,98 6,37 4,69AAP FarEastEquity($) mmmmm 12,31 19,30 15,05OIN Swan Bond Opport. mmmmm 1,40 2,18 2,01FLE Swan Flexible mmmmm 2,63 1,59 0,87OIN Swan High Yield mmmmm 2,21 3,72 —

coreseriesBIL CoReChampions E mmmmm 7,60 8,12 —OIN CoReCoupon E Dis mmmmm 4,62 4,57 —AIN CoReDividend EDis mmmmm 9,21 10,52 —

credit suisseCSInvest (Lux)FLE IndexBlink B mmmmm 8,88 9,80 8,08OIN LondiniumGlobalBdsB mmmmm 1,91 2,45 2,72

dncaOCO DNCAConvertibles mmmmm 0,89 7,81 5,73SICAVDNCA InvestOCO DNCAConvertibles mmmmm 0,14 7,01 4,95OCO DNCAConvertibles mmmmm -0,06 6,79 —OER DNCAEurBd Opp mmmmm 5,65 7,49 4,41FLE DNCAEurose mmmmm 2,27 7,26 5,19FLE DNCAEurose mmmmm 2,07 7,05 —FLE DNCAEvolutif mmmmm 1,64 10,03 5,31FLE DNCAEvolutif mmmmm 2,01 10,45 5,72AIN DNCAGbl Lead mmmmm 15,54 13,89 —AIN DNCAGbl Lead mmmmm 15,80 14,16 —AER DNCAInfraLife mmmmm 4,83 13,74 8,69FLE DNCAMiura mmmmm -0,09 2,90 —FLE DNCAMiura mmmmm -0,19 2,74 —AEU DNCASthEur.Opport. mmmmm 3,81 16,51 —AER DNCAValueEurope mmmmm 1,77 15,59 9,48

duemmesicavFLE Alkimis mmmmm 3,31 4,73 —OIN C-QuadratEfficient Cl. C mmmmm 6,16 6,44 —OEU C-QuadratEu I. Plus Cl.C mmmmm 4,93 9,56 —

erselgestion inter.eOCO GloberselBCMConvertible mmmmm 5,92 6,20 5,07OEU GloberselCorp. Bond mmmmm 5,85 7,12 4,71AIN GloberselEquity A mmmmm 11,09 14,11 10,12BIL LeaderselBalanced mmmmm 2,11 4,69 —AZE LeaderselEm. Market Mult. mmmmm 5,32 5,05 4,87OEM LeaderselEm.Bond Opp. mmmmm 2,01 4,05 —

erste sparinvestOEM EspaBond Danubia Cap mmmmm 5,55 6,32 6,40OEM EspaBond Danubia Dis mmmmm 5,53 6,34 6,40

OEU EspaBond EuroCorp.Cap. mmmmm 6,63 6,86 5,67OEU EspaBond EuroCorp.Dis mmmmm 6,64 6,86 5,67

eurizoncapital s.a.EpsilonFundOEU EuroBond mmmmm 10,21 9,81 6,26LEE EuroCash mmmmm 0,35 1,41 1,17EurizonFocus Capitale ProtettoFLE Protezione03/2017 mmmmm 7,07 10,61 —FLE Protezione06/2016 mmmmm 4,85 8,79 —FLE Protezione12/2016 mmmmm 5,94 9,84 —EurizonFocus Riserva DocOIN Obbligaz.Corp.06/2015 mmmmm 1,26 4,53 —OIN Obbligaz.Corp.12/2014 mmmmm 0,74 3,19 —OIN Obbligaz.Corp.12/2014-2 mmmmm 0,76 3,65 —EurizonManager SelectionFundOMI MS10 mmmmm 6,59 6,90 4,75BIL MS20 mmmmm 6,22 7,33 5,28BIL MS40 mmmmm 7,92 9,34 6,45BIL MS70 mmmmm 9,96 12,67 9,61EurizonMultiasset FundLEE EuroCash mmmmm -0,18 0,83 0,57EurizonStrategia FlessibileOEU Obbligazioni03/2016 mmmmm 2,30 6,44 —OEU Obbligazioni06/2016 mmmmm 2,99 6,37 —OEU Obbligazioni12/2015 mmmmm 2,11 7,42 —InvestmentSolutions byEpsilonOIN Cedolax 406/2011 mmmmm 2,78 5,22 —OIN Cedolax 407/2011 mmmmm 2,01 5,01 —RossiniLux FundOEU Obbligaz.TV mmmmm 3,07 5,54 1,81

eurizoneasyfundActiveMarketOEM BondEmerging Mkts mmmmm 14,46 8,40 10,76OIN BondHigh Yield mmmmm 6,97 11,55 8,72OIN BondHigh Yield mmmmm 7,89 12,66 9,86OEU BondInflation Linked mmmmm 3,66 4,67 2,19OEU BondInflation Linked mmmmm 4,52 5,56 3,09OEU BondCorpEur ST mmmmm 2,90 4,83 3,80OEU BondCorp.EurST mmmmm 2,11 4,01 2,97AER EquitySmall Cap Europe mmmmm 0,94 12,66 8,65AER EquitySmall Cap Europe mmmmm 2,18 14,03 10,14ActiveMarket cop.rischio cambioOEM BondEmerging Mkts mmmmm 5,84 4,04 5,84OEM BondEmerging Mkts mmmmm 6,78 4,99 6,89ActiveStrategyFLE AbsoluteAttivo mmmmm 3,14 4,12 1,96FLE AbsolutePrudente mmmmm 1,85 3,46 1,69BIL Azioni StrategiaFlessibile mmmmm 4,35 9,34 —BIL FocusAz.StratFlessRL mmmmm 4,69 9,72 —Limited TrackingErrorOEU BondEUR Float.Rate LTE mmmmm 2,85 5,49 —OEU BondEUR Long T. LTE mmmmm 15,30 10,82 6,67OEU BondEUR Long T. LTE mmmmm 16,42 11,89 7,72OEU BondEUR Medium T. LTE mmmmm 4,60 4,75 2,84OEU BondEUR Medium T. LTE mmmmm 5,68 5,83 3,91OEU BondEUR Short Term LTE mmmmm 2,32 3,31 1,95OIN BondInternational LTE mmmmm 6,93 2,22 5,06OAM BondUSD LTE mmmmm 10,84 4,30 6,92LEE CashEUR mmmmm 0,52 1,54 1,27LEE CashEUR mmmmm -0,22 0,79 0,51AAP EquityChina LTE mmmmm 13,93 8,35 3,90


1anno 3 anni 5anni


1anno 3 anni 5anni



AZE EquityEm. Mkts AsiaLTE mmmmm 12,10 7,03 7,13AZE EquityEm. Mkts LTE mmmmm 8,36 4,18 —AEU EquityEuro LTE mmmmm 0,58 11,37 3,95AEU EquityEuro LTE mmmmm 2,10 13,05 5,53AER EquityEurope LTE mmmmm 3,87 11,94 7,20AER EquityEurope LTE mmmmm 5,42 13,62 8,83AAP EquityJapan LTE mmmmm 5,78 11,65 8,45AZE EquityLatinAmerica LTE mmmmm -0,82 -4,25 -0,78AMA EquityN.America LTE mmmmm 19,55 18,20 15,44AMA EquityN.America LTE mmmmm 21,34 19,96 17,17AAP EquityOceania LTE mmmmm 7,25 12,03 10,91LAM TreasuryUSD mmmmm 6,37 2,45 2,82LAM TreasuryUSD mmmmm 7,17 3,22 3,60Linea LTE cop. rischio cambioOER BondGBP mmmmm 6,86 2,74 5,43OAP BondJPY mmmmm 2,48 2,19 2,36OAM BondUSD mmmmm 3,30 1,04 3,20AAP EquityJapan mmmmm 12,29 20,26 8,12AMA EquityNorth America mmmmm 13,68 16,03 12,67

eurizoninvest. sicavAER Europe Equities mmmmm 3,51 12,22 7,25FLE Scudo mmmmm 2,87 3,71 2,36

euromobiliare inter. fund sicavEurofundluxOIN AltoRendimento 2015A mmmmm 1,22 3,06 —OEU Cedola2017 B mmmmm 5,55 6,33 3,48OEU Cedola2017 D mmmmm 5,06 5,86 2,93LEE EuroCash A mmmmm 0,07 0,99 0,64LEE EuroCash B mmmmm 0,37 1,31 0,96AEU EuroEquity D mmmmm -0,77 12,29 2,73OIN GlobalBond D mmmmm 7,79 4,37 —OEU QBondAbsolutereturn B mmmmm 3,37 3,26 2,45BIL QFund97A mmmmm -0,34 1,23 0,22FLE TRFlex5 A mmmmm 2,12 3,08 4,74

european & global invest.sFLE Plurima Fra.AlphaStrNL mmmmm -0,27 3,85 2,08

fideuramgestions s.a. lussemburgoOAM BondUSD mmmmm 9,19 4,64 6,23AMP Commodities mmmmm -7,82 -8,45 -3,11AZE EqGlb EmMkts Eur mmmmm 8,11 5,99 6,82AAP EqPac. exJap. A mmmmm 3,96 9,04 7,65AMA EqUSA Advant mmmmm 20,49 18,94 14,50AMA EqUSA Value mmmmm 14,61 18,13 13,23AER EquityEurope mmmmm -3,83 8,93 4,87AEU EquityItaly mmmmm 2,46 14,29 4,03AAP EquityJapan A mmmmm 5,82 10,34 6,81AAP EquityJapan H mmmmm 12,78 20,37 8,07AMA EquityUSA A mmmmm 16,55 17,52 14,57OEU EuroBd LongRisk mmmmm 20,31 12,40 7,66OEU EuroBd LowRisk mmmmm 4,24 4,24 3,11OEU EuroBd Med Risk mmmmm 10,51 8,05 5,36OEU EuroCorp. Bd mmmmm 6,33 5,73 4,31OEU EuroDefensive Bd mmmmm 0,85 1,79 1,23OEU EuroShort Term mmmmm -0,04 0,95 0,57AER Europe Eq.Val. mmmmm -2,32 11,20 4,64FLE MarshallWaceTops mmmmm 3,97 4,28 2,88

generali invest.s luxembourg s.a.FLE VoBaFlex mmmmm 3,84 5,61 2,12

OMI VoBaMoney Plus mmmmm 2,01 1,94 1,60

generali invest.s sicavFLE AbsRet Multi Strat mmmmm -2,49 4,41 1,65OEU EuroBonds mmmmm 8,60 7,52 4,89OEU EuroCorporateBonds mmmmm 6,07 6,79 5,12LEE EuroShort Term Bonds mmmmm 1,07 1,97 1,22FLE Garant1 mmmmm 1,80 4,02 2,45FLE Garant2 mmmmm 3,99 3,78 2,03FLE Garant3 mmmmm 5,44 3,40 2,09FLE Garant4 mmmmm -0,17 2,27 0,90FLE Garant5 mmmmm 0,30 3,27 —

hsbcOEU EuroGvt Bd C mmmmm 9,90 8,23 5,13

julius baer, zurigoJB MultibondOIN JBBFAbs RetDef-EUR B mmmmm -0,72 0,99 0,98OIN JBBFAbs RetPl-EUR B mmmmm -0,75 2,08 2,40OIN JBBFAbs Ret-EUR B mmmmm -0,96 1,55 1,53OIN JBBFABS-EUR B mmmmm 1,46 3,78 6,65OIN JBBFCredit Opp-EUR B mmmmm 6,14 6,03 6,65OAM JBBFDollar-USD B mmmmm 11,56 5,02 7,26OEM JBBFEmerging(EUR)-EUR B mmmmm 8,44 5,74 7,18OEM JBBFEmerg.(USD)-USD B mmmmm 15,61 8,58 10,77OEU JBBFEuro-EUR B mmmmm 7,90 6,95 6,33OIN JBBFGl High Yield-EURB mmmmm 4,34 8,38 7,54OEM JBBFLocal Em-USD B mmmmm 8,06 4,32 7,32OER JBBFSwiss Franc-CHF B mmmmm 4,80 2,53 7,15OEU JBBFTotal Return-EURB mmmmm 2,78 3,06 4,18JB MulticashLAM JBMMDollar-USD B mmmmm 7,86 3,33 3,76LEE JBMMEuro-EUR B mmmmm -0,15 -0,10 0,11LEE JBMMSwiss Franc-CHF B mmmmm 1,95 0,48 4,68JB MulticooperationAMP JBCommodity-USD B mmmmm 0,21 -4,32 1,72BIL StrategyBalanced B mmmmm 6,46 7,57 6,99BIL StrategyBalanced B($) mmmmm 12,65 9,86 9,92BIL StrategyBalanced B(Chf) mmmmm 8,43 7,68 9,33BIL StrategyIncomeB mmmmm 4,75 5,58 5,51BIL StrategyIncomeB($) mmmmm 10,88 7,83 8,22BIL StrategyIncomeB(Chf) mmmmm 5,65 4,97 7,61JB MultilabelFLE Artemide B mmmmm 2,38 6,97 —JB MultistockFLE JBEFAbs Ret Eur-EUR B mmmmm 2,94 1,93 —AEU JBEFEuro LargeCap-EUR B mmmmm 0,99 11,85 —AEU JBEFEuro Value-EUR B mmmmm -0,87 15,58 7,55AER JBEFEurope Focus-EUR B mmmmm -6,41 8,79 4,19AER JBEFEuropeS&MCap-EUR B mmmmm 2,98 17,85 12,10AEU JBEFGermanValue-EUR B mmmmm 4,94 16,35 11,36AAP JBEFJapan-JPY B mmmmm 10,91 12,60 11,02ACG JBEFLuxury Brands-EUR B mmmmm -3,24 9,08 15,97AER JBEFSwiss S&MCap-CHF B mmmmm 11,42 16,29 13,29AER JBEFSwiss-CHF B mmmmm 8,99 16,76 12,09AMA JBEFUS Leading-USDB mmmmm 15,88 14,29 14,65

jupiter assetmgmt ltdAER JupiterEuropean Growth L mmmmm 8,63 18,70 14,27

kairosinter. sicavAMA KIS -America P mmmmm 9,14 14,13 11,08


1anno 3 anni 5anni


1anno 3 anni 5anni



OER KIS -Bond A-USD mmmmm 14,10 10,04 —OER KIS -Bond P mmmmm 5,76 6,66 3,87AAP KIS -Em. MarketsP mmmmm 2,21 3,79 2,52FLE KIS -Multi-St.UCITSP mmmmm 0,99 3,53 2,22FLE KIS -SmallCap P mmmmm 1,09 4,16 2,85

lemanik sicavAAP AsianOppCap RetEur mmmmm 7,15 17,73 14,60AEU High Growth Cap Retail mmmmm 4,54 20,38 8,23BIL Italy Cap Retail mmmmm 5,16 11,27 2,94OIN SelectedBd Dist RetEur mmmmm 6,69 — —FLE ValueOpportunities Ret mmmmm -98,99 -78,17 -60,06

luxicav sicavAER AzionarioEuropa B mmmmm 3,33 8,98 2,32

m&ginter. invest. ltdM&G DynamicAllocation FundFLE DynamicAllocationA mmmmm 7,00 8,36 —M&G InvestmentFunds (9)OER Europ.Infl.LkdCorp.BdA mmmmm -0,90 2,66 —

mediolanum inter. f.CH - Challenge Funds - Classi MediolanumACG Counter CyclEq L mmmmm 16,70 15,92 12,71ACG CyclicalEq L mmmmm 8,36 15,17 13,19AZE Emerg. MktsEq. L mmmmm 4,68 2,67 4,01AZE Emerg. MktsEq. S mmmmm 4,15 2,14 3,47AEN Energy Eq.L mmmmm 1,10 2,41 4,43OEU EuroBd L-A mmmmm 10,16 7,52 4,02OEU EuroIncomeL-A mmmmm 0,07 1,42 0,67AER EuropeanEq.L mmmmm 1,75 10,51 5,79AZF Financial Eq.L mmmmm 11,05 15,97 7,08FLE FlexibleL-A mmmmm -2,87 -0,56 -1,52FLE FlexibleS-A mmmmm -3,28 -0,97 -1,93AEU GermanyEq. L mmmmm -4,59 9,84 7,02OIN InternBd L-A mmmmm 4,42 -1,28 3,67OIN InternIncL-A mmmmm 2,12 -1,99 1,21AIN InternationalEq L mmmmm 11,88 13,10 9,81AIN InternationalEq S mmmmm 11,43 12,62 9,35AEU Italian Eq.L mmmmm -2,07 10,76 1,34AEU Italian Eq.S mmmmm -2,56 10,20 0,81LAM Liquid.US$ S mmmmm 6,16 2,11 2,59LEE LiquidityEuroL mmmmm 0,24 0,60 0,44LEE LiquidityEuroS mmmmm 0,13 0,47 0,32AMA NorthAmer. Eq. L mmmmm 18,81 17,13 14,26AAP Pacific Eq Lcop mmmmm 8,34 12,76 5,50AAP Pacific Eq.L mmmmm 6,01 9,16 6,60OIN Solidity& ReturnS-A mmmmm 4,15 4,80 2,44AEU SpainEq. L-A mmmmm 3,65 10,99 2,62ATE TechnologyEq. L mmmmm 23,33 15,07 12,40MediolanumBest BrandsAIN BlackRockGlb L mmmmm 10,17 11,12 8,38AIN BlackRockGlb L cop mmmmm 6,91 9,52 6,27AIN BlackRockGlb S mmmmm 9,74 10,67 7,94AIN BlackRockGlb S cop mmmmm 6,44 9,12 5,83FLE Coupon Strat.Coll LA mmmmm 8,05 9,10 —FLE Coupon Strat.Coll LA cop mmmmm 4,61 7,53 —FLE Coupon Strat.Coll LB mmmmm 5,91 6,78 —FLE Coupon Strat.Coll LB cop mmmmm 2,45 5,18 —FLE Coupon Strat.Coll SA mmmmm 7,61 8,66 —FLE Coupon Strat.Coll SA cop mmmmm 4,11 7,02 —FLE Coupon Strat.Coll SB mmmmm 5,49 5,29 —

FLE Coupon Strat.Coll SB cop mmmmm 2,02 4,76 —AIN DWSMegaTrend Sel L mmmmm 11,21 8,96 —AIN DWSMegaTrend Sel Lcop mmmmm 7,70 7,18 —AZE EmMkts Coll L mmmmm 5,23 4,42 5,02AZE Em. MktsColl S mmmmm 4,71 3,90 4,50AIN Eq.Power Coup. Coll L mmmmm 8,03 10,70 8,62AIN Eq.Power Coup. Coll S mmmmm 7,60 10,27 8,19OEU EuroFixedIncomeL B mmmmm 0,70 1,19 0,62AER EuropeanColl L mmmmm 3,69 11,07 7,78AER EuropeanColl Lcop mmmmm 2,26 10,28 6,57AER EuropeanColl S mmmmm 3,18 10,51 7,24AER EuropeanColl Scop mmmmm 1,73 9,75 6,05FLE F.TempletonEMSel L mmmmm 9,16 5,86 —FLE F.TempletonEMSel S mmmmm 8,73 5,43 —OIN Glb High Yield cop LA mmmmm 3,76 5,13 6,27OIN Glb High Yield cop SA mmmmm 3,25 4,72 5,89OIN Glb High Yield cop SB mmmmm 1,02 3,35 5,01OIN Glb High Yield LA mmmmm 10,09 8,10 9,39OIN Glb High Yield LB mmmmm 8,14 6,83 8,61OIN Glb High Yield SA mmmmm 9,76 7,78 9,06OIN Glb High Yield SB mmmmm 7,79 6,51 8,39ATE Glb Tech Coll L mmmmm 17,99 11,24 11,92AIN JPMorganGlb L mmmmm 12,48 13,14 9,72AIN JPMorganGlb Lcop mmmmm 8,99 11,65 7,63AIN JPMorganGlb S mmmmm 12,02 12,67 9,27AIN MStanleyGlb L mmmmm 10,28 12,89 11,52AIN MStanleyGlb Lcop mmmmm 8,13 11,47 9,35AIN MStanleyGlb S mmmmm 9,82 12,43 11,07AIN MStanleyGlb Scop mmmmm 7,64 10,95 8,86AAP Pacific Coll L mmmmm 7,71 8,36 6,18FLE PimcoInflat StratSel L mmmmm 2,53 2,46 —FLE PimcoInflat StratSel S mmmmm 2,22 2,16 —FLE PremiumCoup.Coll Scop mmmmm 4,33 4,52 3,03AMA USCollection L mmmmm 15,96 15,70 12,56PortfolioFund - Classi MediolanumAIN Active100 S mmmmm 9,30 10,62 7,63BIL Active80 S mmmmm 7,00 7,44 5,52LEE LiquiditySA mmmmm 0,23 0,59 0,48

mfsinvest. mgmtAAP Asiaex-Japan A1($) mmmmm 9,80 8,50 10,03OEM Emerg.MktsDebt A1($) mmmmm 14,86 8,94 10,89AZE Emerg.MktsEquity A1($) mmmmm 3,78 3,31 5,92AER Europ.Smaller Comp.A1 mmmmm 12,09 20,07 18,24AER EuropeanRes. A1 mmmmm 5,06 14,93 10,80AER EuropeanValueA1 mmmmm 9,90 16,17 12,63AIN GlobalConcentratedA1($) mmmmm 15,68 19,74 15,09AIN GlobalEquity A1 mmmmm 13,62 18,47 14,97AIN GlobalEquity A1($) mmmmm 13,35 18,59 14,99AIN GlobalResearchA1($) mmmmm 12,82 14,46 —BIL GlobalTotal ReturnA1 mmmmm 12,27 11,91 10,89OAM High Yield A1($) mmmmm 13,21 11,42 12,38OIN Inflat-AdjustedBond A1($) mmmmm 9,35 2,40 6,58OAM LimitedMaturity A1($) mmmmm 8,20 4,20 5,02BIL PrudentWealth A1($) mmmmm 9,80 10,55 —OAM ResearchBond A1($) mmmmm 12,81 6,51 8,18AMA USConc. Growth A1($) mmmmm 18,43 17,58 15,88OAM USGovernmentBd A1($) mmmmm 10,85 4,25 6,19AMA ValueA1($) mmmmm 19,00 20,67 16,27

morganstanley invest. mgmt ltdARE AsianProperty mmmmm 6,37 14,82 10,19FLE Diversified Alpha Plus mmmmm 1,53 8,11 5,14


1anno 3 anni 5anni


1anno 3 anni 5anni



FLE Diversified Alpha Plus mmmmm 2,51 9,18 6,17OEM EmergingMktsCorp Dbt mmmmm 6,74 7,31 —OEM EmergingMktsCorp Dbt mmmmm 15,28 11,10 —OEM EmergingMktsDebt mmmmm 11,38 6,52 8,78OEM EmergingMktsDebt mmmmm 12,49 7,57 9,85OEM EmergingMktsDom. Debt mmmmm 1,82 0,13 3,99OEM EmergingMktsDom. Debt mmmmm 2,80 1,12 5,03AZE EmergingMktsEquity mmmmm 6,73 6,66 7,26AZE EmEurop,M-East&Africa Eq mmmmm -4,64 6,86 6,21AZE EmEurop,M-East&Africa Eq mmmmm -3,73 7,91 7,26OEU EuroBond mmmmm 6,97 6,08 4,19OEU EuroBond mmmmm 8,05 7,15 5,22OEU EuroCorporateBond mmmmm 6,99 9,33 6,22OEU EuroCorporateBond mmmmm 5,94 8,24 5,16OEU EuroStrategicBond mmmmm 7,86 7,08 4,96OEU EuroStrategicBond mmmmm 8,95 8,16 6,02OER Europ.Curr.HighYield Bd mmmmm 4,47 10,76 8,31OER Europ.Curr.HighYield Bd mmmmm 5,47 11,86 9,38AER EuropeanEquityAlpha mmmmm 4,10 12,59 9,28AER EuropeanEquityAlpha mmmmm 5,14 13,74 10,39ARE EuropeanProperty mmmmm 18,70 17,07 10,98AEU Eurozone EquityAlpha mmmmm 3,63 16,02 9,10OIN GlobalBond mmmmm 8,41 3,92 5,49OIN GlobalBond mmmmm 9,50 4,96 6,54AIN GlobalBrands mmmmm 5,06 9,86 10,17AIN GlobalBrands mmmmm 6,13 10,97 11,27AIN GlobalBrands mmmmm 13,57 14,12 14,84AIN GlobalBrands mmmmm 14,71 15,26 15,99AIN GlobalBrands mmmmm 13,79 14,34 —OCO GlobalConvertib.Bd mmmmm 2,94 6,92 5,43OCO GlobalConvertible Bond mmmmm 11,19 10,77 9,52AZI Global Infrastructure mmmmm 23,54 19,72 —AZI Global Infrastructure mmmmm 24,78 20,92 —AZI Global Infrastructure mmmmm 14,38 15,39 —ARE GlobalProperty mmmmm 17,07 16,06 13,93AAP IndianEquity mmmmm 55,60 14,93 10,92AZE LatinAmerican Equity mmmmm 1,51 -0,36 1,74OEU Short MaturityEuro Bond mmmmm 0,79 2,30 1,67OEU Short MaturityEuro Bond mmmmm -0,17 1,29 0,65AMA USAdvantage mmmmm 10,30 15,04 13,71AMA USAdvantage mmmmm 11,42 16,21 14,88AMA USAdvantage mmmmm 19,11 19,39 18,42AMA USAdvantage mmmmm 19,35 19,64 18,60AMA USAdvantage mmmmm 20,29 20,58 19,59AMA USGrowth mmmmm 12,62 16,49 15,62AMA USGrowth mmmmm 20,43 19,75 19,34AMA USGrowth mmmmm 21,66 20,96 20,55ARE USProperty mmmmm 29,31 16,32 20,94

nefAZE AzionarioEEMEA mmmmm -2,14 0,95 2,21AEU AzionarioEuro mmmmm -2,85 15,18 7,52AIN AzionarioGlobale mmmmm 15,32 14,43 8,43AZE AzionarioPaesi Emergenti mmmmm 14,79 8,74 12,63AMA AzionarioStati Uniti mmmmm 22,36 19,12 14,47OEU Obbligaz.Breve Termine mmmmm 1,55 2,73 1,66OEU Obbligaz.Euro mmmmm 6,27 5,49 4,01OEU Obbligaz.EuroCorporate mmmmm 5,36 4,90 4,45OIN Obbligaz.Globale mmmmm 10,31 5,83 5,02OEM Obbligaz.Paesi Emergenti mmmmm 7,76 4,87 6,37

new millenniumsicavOEU Augustum CorporateBond mmmmm 7,30 9,34 6,09

OEU Augustum CorporateBond mmmmm 6,73 8,74 5,50OEU Augustum High Qual.Bond mmmmm 3,12 5,80 3,02OER LargeEurope Corporate mmmmm 5,30 6,42 4,82

pharmawhealth manag. company s.a.AZH Pharma/wHealth($) mmmmm 32,40 26,57 19,85

pimco funds: global investor series plcAMP CommPLUSTMStrE($) mmmmm 1,40 -4,38 1,53OIN DiversInc EDis($) mmmmm 14,05 9,45 11,18OIN DiversInc EEur hdgAcc E mmmmm 5,60 5,70 7,31OIN DiversInc Ehdg mmmmm 5,59 5,69 7,28OIN DiversInc E($) mmmmm 14,05 9,44 11,20OEM EmLocal Bd EAcc unh mmmmm 4,87 2,14 6,23OEM EmLocal Bd EAcc($) mmmmm 4,92 2,14 6,23OEM EmMkts Bd EAcc($) mmmmm 13,35 8,19 10,65OEM EmMkts Bd EEur hdgAcc mmmmm 4,94 4,41 6,67OEM EmMkts Bd E($) mmmmm 13,31 8,20 10,64OEM EmMkts CorpBd E mmmmm 5,03 5,08 —AZE EqS EmMkts FdE unh mmmmm 3,08 2,23 —AER EqS Pathfinder Eu E mmmmm 8,15 11,70 —AIN EqS Pathfinder FdE mmmmm 8,45 10,26 —OEU EuriborPLUS EAcc mmmmm 0,70 1,16 0,99OEU EuroBond E mmmmm 9,27 8,09 6,56OEU EuroBond EAcc mmmmm 9,31 8,13 6,57OEU EuroCredit E mmmmm 6,51 6,28 —OEU EuroInc.Bd E mmmmm 6,08 8,10 —OEU EuroInc.Bd E mmmmm 6,12 8,11 —OIN Glb Bd EAcc hdg mmmmm 6,42 5,11 6,18OIN Glb Bd EAcc($) mmmmm 14,88 8,71 9,90OIN Glb Bd Ex-US E($) mmmmm 16,66 10,00 10,55OIN Glb H.YBd E($) mmmmm 12,68 11,58 12,52OIN Glb H.Y. Bd EAcc($) mmmmm 12,69 11,58 12,49OIN Glb H.Y. Bd Ehdg Acc mmmmm 4,33 7,74 8,47OIN Glb InvGrCr.E Acc hdg mmmmm 5,97 5,27 6,13OIN Glb InvGrCr.E Acc($) mmmmm 14,38 8,94 9,89OIN Glb InvGrCr.E hdg mmmmm 5,91 5,28 —OIN Glb InvGrCr.E($) mmmmm 14,38 8,93 9,89FLE Glb Multi-AssetEAcc hdg mmmmm 5,93 0,18 2,37FLE Glb Multi-AssetEAcc($) mmmmm 13,71 3,72 6,38OIN Glb RealRetE Acchdg mmmmm 5,23 2,59 4,66OIN Glb RealRetE Acc($) mmmmm 13,72 6,19 8,40OIN GlobalBond E($) mmmmm 14,82 8,73 9,90OAM H.Y. Bd EAcc hdg mmmmm 5,08 7,42 8,55OAM H.Y. Bd EAcc($) mmmmm 13,39 11,26 12,55OAM H.Y. Bd E($) mmmmm 13,38 11,23 12,55OAM LowAvg Durat.E Acc hdg mmmmm 0,66 1,19 1,53OAM LowAvg Durat.E Acc($) mmmmm 8,70 4,72 5,19OAM LowAvg Durat.E($) mmmmm 8,81 4,73 5,20OAM T.R. Bd EAcc hdg mmmmm 1,81 2,52 3,37OAM T.R. Bd EAcc($) mmmmm 9,98 6,11 7,06OAM T.R. Bd E($) mmmmm 10,01 6,11 7,07OIN UnconstrainedBd E mmmmm 0,95 1,70 —OIN UnconstrainedBd E($) mmmmm 9,02 5,22 —OIN UnconstrainedBd E($) mmmmm 9,12 5,24 —

pioneer assetmgmt s.a.Pioneer FundsOIN AbsolutRet.Bond E mmmmm -2,12 0,31 0,23FLE AbsolutRet.M.Str. E mmmmm 3,98 3,82 2,36FLE AbsolutReturn Curr. E mmmmm 1,97 1,07 0,62AAP China Eq.E mmmmm 15,42 11,60 —AAP China Eq.F mmmmm 14,56 10,77 —


1anno 3 anni 5anni


1anno 3 anni 5anni



AER Core Europ.Eq. E mmmmm 5,42 13,57 9,31AZE Em. Eur.Med. Eq. E mmmmm -14,74 -0,18 1,90AZE Em. Eur.Med. Eq. F mmmmm -15,37 -0,92 1,14OEM Em. Mark.Bond LCE mmmmm 5,46 3,03 5,54OEM Em. Mark.Bond LCF mmmmm 4,82 2,41 4,90OEM Em. Mark.Corp. B. 2016E mmmmm 3,94 5,36 —OEM Em. MktsBond E mmmmm 14,06 11,73 13,08OEM Em. MktsBond F mmmmm 13,41 10,81 12,13AZE Em. MktsEq. E mmmmm 3,76 1,77 2,77AZE Em. MktsEq. F mmmmm 2,99 1,01 2,00OEU EuroAggr.Bond E mmmmm 7,75 7,30 5,83OEU EuroAggr.Bond E D. mmmmm 7,76 7,30 —OEU EuroAggr.Bond F mmmmm 7,32 6,87 5,40OEU EuroAggr.Bond F D. mmmmm 7,33 6,87 —OEU EuroBond E mmmmm 8,90 7,71 5,68OEU EuroBond F mmmmm 8,31 7,12 5,10OEU EuroCash Plus E mmmmm 0,37 2,31 1,83OEU EuroCorp. Short T.E mmmmm 0,21 3,09 2,16OEU EuroCorp. Short T.F mmmmm -0,14 2,74 1,80OEU EuroCorporateBond E mmmmm 6,42 8,12 6,42OEU EuroCorporateBond F mmmmm 5,22 6,85 5,21OEU EuroH. Y.E mmmmm 4,23 10,48 11,06OEU EuroH. Y.F mmmmm 3,60 9,81 10,40LEE EuroLiquidityE mmmmm -0,08 0,08 —LEE EuroShort T. E mmmmm -0,78 0,80 0,65LEE EuroShort T. F mmmmm -1,14 0,44 0,30OEU EuroStrat.Bond E D. mmmmm 4,95 7,45 —OEU EuroStrategicBond E mmmmm 4,95 7,46 8,83OEU EuroStrategicBond F mmmmm 4,32 6,82 8,18AEU EurolandEquity E mmmmm 0,94 15,13 9,52AEU EurolandEquity F mmmmm -0,05 13,94 8,52AER EuropeanEq.Value E mmmmm 5,69 15,88 8,63AER EuropeanPotentialE mmmmm 6,82 19,57 15,03AER EuropeanPotentialF mmmmm 5,97 18,55 14,10AER EuropeanResearchE mmmmm 5,72 14,19 10,04AIN Glb Eq.Tar. IncomeE mmmmm 12,60 14,04 11,68OIN GlobalAggr.Bond E mmmmm 6,33 3,86 6,20AIN GlobalEcology E mmmmm 5,14 16,12 10,58OIN GlobalHigh Yield E mmmmm 11,46 11,16 11,97BIL GlobalMulti Asset E mmmmm 7,85 8,12 —AIN GlobalSelectE mmmmm 17,59 16,69 12,31OIN HY&Em.M.BdOpp.2015E mmmmm 2,97 6,77 —AAP IndianEquity E mmmmm 42,42 8,60 6,85AAP IndianEquity F mmmmm 40,79 7,65 5,97AEU Italian EquityE mmmmm -0,76 11,48 1,41AAP JapaneseEq. E mmmmm 6,83 9,51 6,51AMA NorthAmerican Bas. Val. E mmmmm 24,87 19,60 14,87OEU Obbl. Euro11/2014 E mmmmm 0,75 3,36 —OIN StrategicIncomeE mmmmm 12,83 9,01 10,19OIN StrategicIncomeE Hed. mmmmm 4,41 5,29 6,23OIN StrategicIncomeF Hed. mmmmm 3,84 4,32 5,23AER TopEurop. Play. E mmmmm 4,66 15,34 10,63AER TopEurop. Play. F mmmmm 3,89 14,48 9,81OAM U.S.Dollar Aggregate Bd E mmmmm 13,07 7,61 9,32LAM U.S.Dollar Short T. E mmmmm 8,68 5,59 6,01LAM U.S.Dollar Short T. F mmmmm 8,31 5,22 5,64AMA U.S.Fundam. Growth E mmmmm 25,49 21,74 20,61AMA U.S.Fundam. Growth F mmmmm 24,55 20,84 19,72AMA U.S.Pioneer FundE mmmmm 21,61 18,77 15,63AMA U.S.Pioneer FundE Hed. mmmmm 12,78 14,47 10,92AMA U.S.Pioneer FundF mmmmm 20,69 17,86 14,76AMA U.S.Res. Value E mmmmm 20,45 18,91 15,24AMA U.S.Research E mmmmm 21,56 19,56 17,31

AMA U.S.Research EHed. mmmmm 12,78 15,30 12,48AMA U.S.Research F mmmmm 20,66 18,66 16,44AMA UsMidCap ValueE mmmmm 23,33 19,72 16,46Pioneer PFBIL GlobalBalanced50 E mmmmm 10,45 10,56 —BIL GlobalDefensive20 E mmmmm 8,26 8,22 5,73Pioneer SFOEU EuroCurve1-3y E mmmmm 0,35 2,09 1,30OEU EuroCurve1-3y F mmmmm -0,05 1,68 0,90OEU EuroCurve10+y E mmmmm 18,99 12,75 8,07OEU EuroCurve3-5y E mmmmm 3,84 4,57 3,22OEU EuroCurve3-5y F mmmmm 3,27 3,99 2,65OEU EuroCurve7-10y E mmmmm 11,72 9,26 5,75Pioneer SSFFLE Asia21/12/2015 E mmmmm 1,40 6,45 —FLE Bric03/12/2015 E mmmmm 1,73 6,08 —FLE Bric15/12/2015 E mmmmm 1,06 5,58 —FLE Bric4/12/2015 E mmmmm 0,88 5,77 —FLE Eurostoxx11/2014 E mmmmm 1,48 6,32 —OEU Obb.Euro 02/2016E mmmmm 2,51 4,08 —OEU Obb.Euro 03/2016E mmmmm -0,20 2,95 —OEU Obb.Euro 05/2016E mmmmm 0,20 3,76 —OEU Obb.Euro 06/2016E mmmmm 2,92 4,58 —OEU Obb.Euro 08/2016E mmmmm 3,38 5,81 —OEU Obb.Euro 09/2015E mmmmm -0,21 3,01 —OEU Obb.Euro 11/2015E mmmmm 0,13 3,09 —OEU Obb.Euro 12/2015E mmmmm 0,04 3,46 —OEU Obb.Euro Più02/2016 E mmmmm 2,73 4,26 —OEU Obb.Euro Più03/2016 E mmmmm -0,11 3,40 —OEU Obbl.Euro 05/2015E mmmmm -0,99 2,18 —

planetarium fundAMA AmericanSelection($) mmmmm 18,36 18,40 —FLE AnthiliaRed A mmmmm -1,95 4,46 1,31OAM DollarBonds A($) mmmmm 11,59 6,71 6,95OEU Eurocurrencies BondsA mmmmm 5,33 5,48 3,90FLE Flex90 mmmmm 4,45 9,49 6,32AER FundamentalEurop. Sel. A mmmmm 3,01 12,34 —

popso (suisse) invest. fund sicavOEU EuroBond mmmmm 5,29 4,31 3,23OEU EuroCorporateBd mmmmm 4,65 4,49 —OCO GlobalConvertible Bd mmmmm 3,70 6,89 5,66OEU Short MaturityEuro Bond mmmmm 1,82 2,18 1,49OER SwissFranc Bond (Chf) mmmmm 2,72 2,34 6,13OAM UsaDollar Bond ($) mmmmm 8,19 3,43 4,32

rinascimentosicavAER Augustum GAMES mmmmm 6,98 12,35 7,48

robeco samAMP Rob.SAMMaterial EUR/B mmmmm 5,73 7,25 11,70AUT Rob.SAMS.Water EUR/B mmmmm 13,98 18,05 11,81AEN Rob.SAMSmEnergyEUR/B mmmmm 10,38 6,99 2,16

roveresicavBIL Bilanciato Obblig.RC mmmmm 4,49 5,72 2,74OEU Obbl. B.TermineRC mmmmm 1,56 2,16 1,64

sia strategic invest. advisorsgroupAIN LongT IClassic mmmmm 10,43 14,82 8,03

symphonia lux sicav


1anno 3 anni 5anni


1anno 3 anni 5anni



FLE SymphoniaAltoValore mmmmm -1,71 3,77 —

ubipramericaUBI SicavAAP AsiaPacific Eq.-R mmmmm 7,79 10,71 9,56OEM EmergingMarket Bd.-R mmmmm 5,48 2,37 —AZE EmergingMktsEq.-R mmmmm 5,91 4,66 6,24OEU EuroCorp. Bond-R mmmmm 5,11 6,79 4,68OEU EuroFixedInc.-R mmmmm 7,21 6,02 3,51BIL GlobalDyn.All.-R mmmmm 4,54 5,99 —OIN High Yield Bond-R mmmmm 4,39 7,39 8,22OEU Short TermEUR R mmmmm 1,04 2,07 —

vontobel invest. fundsOIN AbsRet Bd mmmmm 2,81 1,83 1,51OIN Abs. Return Bd (Chf) mmmmm 4,72 1,77 5,45OIN Abs. Return Bd (Chf) mmmmm 4,78 1,79 5,47AMP BelvistaComm. mmmmm -8,14 -10,00 -4,20AAP China StarsEq ($) mmmmm 16,83 11,49 9,04OEM EasternEuropean Bd mmmmm 1,45 3,79 3,63AZE EmergingMktsEq mmmmm 7,22 5,40 9,13AZE EmergingMktsEq ($) mmmmm 15,21 8,85 13,17AZE EmergingMktsEq ($) mmmmm 15,90 9,51 13,85OEU EURCorp Bd Mid Yield mmmmm 8,27 8,81 6,81OEU EuroBd mmmmm 9,60 7,82 5,23LEE EuroMoney mmmmm 0,51 0,84 1,02AER Europ.Equity mmmmm 4,01 12,75 11,44AAP FarEastEq ($) mmmmm 22,95 12,33 14,30AEN FutureResources mmmmm 0,64 6,33 7,89AIN GlbEquity mmmmm 7,98 11,51 11,00AIN GlbEquity($) mmmmm 16,73 15,95 16,21AIN GlbEquityEx-US ($) mmmmm 11,30 11,41 11,44AEN NewPower mmmmm 3,78 11,75 4,68AZE SustEm. Mkts Leaders($) mmmmm 17,99 7,89 —OER SwissFranc Bd (Chf) mmmmm 5,54 2,79 7,61AER SwissMid&SmCapEq (Chf) mmmmm 15,29 17,78 12,96LEE SwissMoney (Chf) mmmmm 2,35 0,96 5,06LAM USDollar Money($) mmmmm 8,39 3,84 3,97AMA USEquity ($) mmmmm 17,59 20,91 18,37

willerfundsmanag. comp.WillerbondOER Europ.Currencies mmmmm 4,73 2,64 2,65WillerequityAAP SouthEastAsia($) mmmmm 13,85 11,05 10,78

zenit multistrategy sicavAEU StockPicking I mmmmm -6,09 11,70 2,25

zest asset mgmt sicav

FLE AbsoluteReturn VaR4 mmmmm 3,55 4,13 3,50OEU ActiveBond mmmmm 3,47 3,58 3,02FLE DynamicOpp. mmmmm -2,04 -3,12 0,43FLE GlobalStrategyR mmmmm 4,44 1,59 3,70


1anno 3 anni 5anni


1anno 3 anni 5anni


la top 100 dei fondi esteri elaborazione Ufficio Studi de Il Sole-24Ore su dati

1 First StateInvestments (Hong Kong) LtdIE0008369930(IRL) 23,63 21,94 21,27

2 FrostrowCapital LLPGB0000385517(GBR) 58,54 40,70 20,77

3 DanskeInvest InvesteringsforeningenDK0010264456(DNK) 47,17 33,16 20,24

4 PYN Rahastoyhtio OyFI0008803812(FIN) 47,88 33,01 19,14

5 Aberdeen Asset ManagersLimitedGB0000100767(GBR) 22,25 28,14 18,65

6 First StateInvestment Management(UK) LimitedGB0007836132(GBR) 21,40 23,41 18,28



9 Erste Sparinvest Kapitalanlagesellschaft mbHAT0000746748(AUT) 46,86 33,72 17,31

10 Standard Life Investments LimitedGB0002959582(GBR) 16,62 24,55 17,24

11 DNBAsset Management ASNO0010337678(NOR) 18,64 18,40 17,06

12 SemperConstantia Invest GmbHAT0000831425(AUT) 6,63 9,14 16,41

13 AIMSAsset ManagementSdb BhdVGG0411N1050(VGB) 20,82 21,10 16,15

14 DNBAsset Management AS(Sweden)SE0000432809(SWE) 23,74 21,39 16,12

15 Prosperity CapitalManagement LimitedKYG7273W1078(CYM) -3,64 7,90 15,95

16 Allan GrayInternational (Proprietary) LimitedBMG0177P1041(BMU) 14,44 15,42 15,86

17 LansforsakringarFondforvaltning ABSE0000837338(SWE) 19,70 22,22 15,76

18 SydinvestInvesteringsforeningenDK0010169465(DNK) 2,03 4,26 15,51

19 BlackRock InvestmentManagement (UK) LimitedGB0006436108(GBR) 27,05 27,81 15,42

20 PTCiptadana Asset ManagementBMG4762X1002(BMU) 0,04 11,42 15,20

21 HandelsbankenFonder ABSE0000356065(SWE) 21,61 20,20 15,19


23 LanneboFonder ABSE0000740698(SWE) 21,27 18,78 15,14

24 BaillieGifford & CoLtdGB00BLDYK618(GBR) 28,48 24,97 15,12

25 DNBAsset Management AS(Sweden)SE0000432775(SWE) 18,48 18,43 15,08

26 Skandia FonderABSE0000810814(SWE) 18,64 18,42 15,03

27 Alfred Berg Kapitalforvaltning ASNO0010105489(NOR) 17,20 13,65 14,95

28 SEBInvest InvesteringsforeningenDK0010260629(DNK) 25,81 17,59 14,92

29 First StateInvestments (Hong Kong) LtdIE0031814852 (IRL) 13,64 13,36 14,88


31 GlobalInvestment Opportunities Fund LimitedMU0164S00238(MUS) 17,02 12,46 14,78

32 Moneta Asset Management SASFR0000994980 (FRA) 22,23 14,35 14,67

33 AXA InvestmentManagers UK LtdGB0031007254(GBR) 49,61 31,91 14,63

34 Schroder InvestmentManagement LtdGB0006108418(GBR) 31,43 25,99 14,53

35 ValuePartners LimitedKYG9317Q1047(CYM) 8,18 9,00 14,49

36 Investeringsforeningen Sydinvest InternationalASDK0016259260(DNK) 2,34 4,67 14,45

37 JyskeInvest InvesteringsforeningenDK0010303296 (DNK) 13,50 10,27 14,45

38 DanskeInvest Select Investeringsforeningen A/SDK0016057474(DNK) 7,27 11,15 14,44

39 InvestecFund Managers LtdGB0031075558(GBR) 24,21 22,19 14,42

40 EnterpriseInvestment ManagersLimitedMU0185S00167(MUS) 15,89 14,33 14,37

41 LindsellTrain LtdGB0031977944(GBR) 20,58 22,52 14,36

42 JFIndia Management LimitedMU0129U00005(MUS) 10,74 11,10 14,33



45 GlobalInvestment Opportunities Fund LimitedMU0164S00030(MUS) 19,28 14,44 14,25


47 HSBCInvestmentFunds (Hong Kong) LimitedKYG4642D3573 (CYM) 11,24 6,93 14,15

48 FrostrowCapital LLPGB0003385308 (GBR) 40,53 29,75 14,14

49 Fondsfinans Kapitalforvaltning ASANO0010165764(NOR) 9,05 10,51 14,11

50 BlackRock Asset ManagementDeutschland AGDE000A0H08E0(DEU) 16,72 15,50 14,10

51 F&CManagementLimitedGB0000175058(GBR) 22,27 22,64 14,10

52 Carnegie WorldWide InvesteringsforeningenDK0010249655(DNK) 28,44 16,45 14,05

53 UBSFund Management (Switzerland) AGCH0011764310(CHE) 17,76 16,61 14,05

54 Swedbank Robur Fonder ABSE0000602302(SWE) 19,21 17,76 13,97

55 AMF FonderABSE0001185000(SWE) 17,59 17,66 13,97

56 InvescoAsset Management LimitedGB0004535307(GBR) 13,95 13,83 13,88

57 MarlboroughFund Managers LtdGB00B02TPH60(GBR) 22,72 22,95 13,87

58 CCR Asset Management SAFR0007028063(FRA) 46,08 29,03 13,85

59 Jupiter Asset ManagementLtdGB0000197722(GBR) 27,32 24,46 13,83

60 Schroder UnitTrusts LtdGB0031092942(GBR) 24,26 23,36 13,81

61 JyskeInvest International InvesteringsforeningDK0016270820 (DNK) 12,18 9,60 13,79

62 Skagen ASNO0010140502(NOR) 6,19 8,83 13,72

63 Aberdeen FundManagers LtdGB0033228197 (GBR) 7,16 10,59 13,69

64 HandelsbankenFonder ABSE0000356107(SWE) 2,88 5,49 13,64

65 EnterFonder ABSE0001172362(SWE) 16,39 15,13 13,62

66 ValuePartners LimitedKYG931731056(CYM) 14,78 15,34 13,61

società/ rendimannualizz*fondo(paese) 3 anni 5anni 10 anni



la top 100 dei fondi esteri

67 Franklin Templeton Investment ManagementGB0008829292 (GBR) 4,79 7,59 13,56

68 ODINForvaltning ASNO0010220130(NOR) 23,06 18,94 13,52

69 SemperConstantia Invest GmbHAT0000989090 (AUT) 5,45 7,94 13,52

70 HandelsinvestInvesteringsforvaltning ASDK0010232768(DNK) 29,33 18,63 13,50

71 SHK Alternative ManagersLimitedKYG2437C1050(CYM) 7,23 1,99 13,50

72 NordeaFunds OyFI0008800438(FIN) 15,17 13,98 13,49

73 PictetFunds SACH0003299580(CHE) 20,56 15,47 13,47

74 ValuePartners LimitedKYG9317Q1120(CYM) 7,05 9,89 13,47

75 StorebrandAsset ManagementASNO0010039670(NOR) 24,50 17,63 13,46

76 LansforsakringarFondforvaltning ABSE0000837239(SWE) 18,72 15,53 13,43

77 Didner & GergeFonder ABSE0000428336 (SWE) 21,43 19,07 13,36

78 FIL InvestmentServices (UK) LtdGB0003879185(GBR) 9,26 9,94 13,35

79 Wellington ManagementCompany LLPIE00B0590K11(IRL) 33,21 25,38 13,34

80 EnhancedInvestment Products(Cayman) LimitedMU0166S00118(MUS) 9,12 7,91 13,31


82 JPMorgan Asset Management(UK) LimitedGB0003418950(GBR) 7,88 8,85 13,31

83 BIL Nordic Invest InvesteringsforeningenDK0015762249(DNK) 27,38 20,18 13,30

84 Henderson GlobalInvestors LtdGB0009065060(GBR) 32,47 27,01 13,29

85 ODINForvaltning ASNO0010062953(NOR) 15,79 17,22 13,28


87 HandelsbankenFonder ABSE0000522724 (SWE) 19,54 14,51 13,27

88 InvescoAsset Management LimitedGB00B1FL3C76(GBR) 26,23 21,54 13,26

89 FIL InvestmentServices (UK) LtdGB0003371407(GBR) 11,15 10,95 13,24

90 Birla SunLife Asset Management Co (Mauritius) LtdMU0196S00230(MUS) 14,23 11,54 13,22

91 Old Mutual Fund ManagersLtdGB00B1XG7C26(GBR) 21,67 18,76 13,21

92 FIL InvestmentsInternational LtdGB0003322319 (GBR) 12,47 11,96 13,20

93 BIManagement ASDK0010266741(DNK) 15,41 16,83 13,20

94 StorebrandAsset ManagementASNO0010039688(NOR) 14,51 13,24 13,13

95 Carnegie FonderABSE0001209834(SWE) 12,67 10,73 13,12

96 JyskeInvest InvesteringsforeningenDK0010293554(DNK) 8,80 5,90 13,11

97 SelectaSGFII S.A.PTTTFAIM0007(PRT) -7,03 1,45 13,11

98 ValuePartners LimitedKYG9317M1033 (CYM) 14,22 14,40 13,06

99 Reichmuth & Co Investmentfonds AGCH0013728990(CHE) 15,59 16,13 12,98

100 VanguardGroup (Ireland) LimitedIE00B03HCW31(IRL) 28,46 24,41 12,95

LEGENDALatabellamostra imigliori fondicomuninelmondo perperfomance lordaa10 anni(nonautorizzatialcollocamentoin Italia).SiglePaesi:A=Austria;ANT =Antille;B=Belgio;BHS= Bahamas;BMU=Bermuda; CH =Svizzera;CYM =Isole Cayman;D=Germania;DK=Danimarca;DUB=Dubai;E=Spagna;EST=Estonia; F=Francia;FIN=Finlandia;GGY=Guensey;HUN =ungheria; IOM= IsoladiMan; IRL=Irlanda;JER=Jersey;L =Lussemburgo;MLT=Malta;MUS=Mauritius;NL=Olanda; NOR=Norvegia;P =Portogallo;POL=Polonia;SVN=Slovenia; SWE=Svezia;TTO =TrinidadandTobago;VGB =BritishVirgin Island;UK =Gran Bretagna.* i rendimenti annualizzatisonocalcolatisu quoteespresse ineuro.




fondi pensione aperti elaborazione Ufficio Studi de Il Sole-24Ore in collaborazione con

ALLEANZA ASSICURAZIONIAZ AlMeglioAzionario mmmmm nnnnn 03.11 4,73 55,13 36,97 33,35BBRAlMeglioBilanciato mmmmm nnnnn 03.11 4,38 30,58 21,53 19,45OBRAlMeglioObbligaz. mmmmm nnnnn 03.11 4,28 6,03 12,89 7,45

ALLIANZInsiemeAZ LineaDinamica mmmmm nnnnn 03.11 12,10 61,53 49,26 67,99BB LineaSerena mmmmm nnnnn 03.11 7,92 41,99 33,27 42,11OBRLineaSicura mmmmm nnnnn 03.11 0,56 — 11,27 9,36BO LineaTranquilla mmmmm nnnnn 03.11 4,22 24,02 19,42 20,79L.A. PrevidenzaBB L.A. Previd. Bilanciata mmmmm nnnnn 31.10 1,17 30,40 13,70 12,46OBRL.A. Previd. Garantita mmmmm nnnnn 31.10 0,64 8,80 6,40 5,92BA L.A. Previd. Internaz. mmmmm nnnnn 31.10 1,83 26,83 18,06 16,10BOCL.A. Previd. Protetta mmmmm nnnnn 31.10 4,16 28,31 11,70 10,35PrevirasOBRLinea1 Obbligaz. mmmmm nnnnn 03.11 0,54 10,25 6,86 5,92BOCLinea2 Obb. Mista mmmmm nnnnn 03.11 5,74 32,10 22,77 20,06BB Linea3 Bilanciata mmmmm nnnnn 03.11 9,27 44,44 33,86 38,71AZ Linea4 Az. Int. mmmmm nnnnn 03.11 10,87 59,04 45,51 60,29

AMUNDI A. M.SecondaPensioneF.P.A.MO SPDifensiva mmmmm nnnnn 31.10 5,29 12,60 14,44 12,81AZ SPEspansione mmmmm nnnnn 31.10 7,73 42,15 31,50 31,85FLCSPGarantita mmmmm nnnnn 31.10 4,79 7,48 10,69 11,64BO SPProgressiva mmmmm nnnnn 31.10 8,28 36,14 27,80 28,23BO SPSicurezza mmmmm nnnnn 31.10 5,38 25,25 18,78 17,41BB SPSviluppo mmmmm nnnnn 31.10 9,12 41,17 32,20 32,10

ARCAArcaPrevidenzaAZ LineaAltaCrescita mmmmm nnnnn 31.10 11,09 — 46,52 62,37AZ LineaAltaCrescita C mmmmm nnnnn 31.10 11,54 — — —AZ LineaAltaCrescita R mmmmm nnnnn 31.10 12,03 — 49,82 67,45BB LineaCrescita mmmmm nnnnn 31.10 9,56 — 35,26 43,99BB LineaCrescita C mmmmm nnnnn 31.10 9,89 — — —BB LineaCrescita R mmmmm nnnnn 31.10 10,36 — 37,97 48,12MOCLineaGaranzia mmmmm nnnnn 31.10 — 5,49 5,14 5,00OBCLineaGaranzia C mmmmm nnnnn 31.10 0,17 5,49 — —MOCLineaGaranzia R mmmmm nnnnn 31.10 0,53 5,49 6,68 7,27FLCLineaObiettivo TFR mmmmm nnnnn 31.10 1,73 — 12,51 12,22OBCLineaObiettivo TFR C mmmmm nnnnn 31.10 2,04 — — —FLCLineaObiettivo TFR R mmmmm nnnnn 31.10 2,48 — 14,73 15,37BO LineaRendita mmmmm nnnnn 31.10 8,84 — 27,35 31,61OB LineaRendita C mmmmm nnnnn 31.10 9,17 — — —BO LineaRendita R mmmmm nnnnn 31.10 9,64 — 29,89 35,37

ASSIMOCO VITAF.P.A.Il MelogranoAZ LineaDinamica mmmmm nnnnn 22.10 4,19 34,43 23,39 24,03BB LineaEquilibrata mmmmm nnnnn 22.10 4,81 28,31 19,01 20,55BO LineaGarantita mmmmm nnnnn 22.10 6,27 16,01 15,95 14,40OB LineaPrudente mmmmm nnnnn 22.10 5,31 21,63 13,59 15,65

AVIVAAvivaBA L.Inv. Azionaria mmmmm nnnnn 15.10 3,92 — 32,93 41,48BB L.Inv. Bilanciata mmmmm nnnnn 15.10 8,80 — 31,73 35,00OB L.I.Gar.Rend.Mn.Pres mmmmm nnnnn 15.10 12,20 25,05 27,00 25,96BO L.I.Gar.Rest.Capitale mmmmm nnnnn 15.10 11,82 — 28,94 28,49BO L.Inv. Obbligazionaria mmmmm nnnnn 15.10 11,48 — 31,48 33,83

AvivaAss. V. UBI Prev.BA Comp. Aggressivo C mmmmm nnnnn 31.10 10,02 38,43 38,82 42,14BA Comp. Aggressivo I mmmmm nnnnn 31.10 9,55 41,93 37,04 46,07BOCComp. Capital.Sicuro mmmmm nnnnn 31.10 0,59 6,08 5,34 3,19BB Comp. DinamicoC mmmmm nnnnn 31.10 8,24 29,35 27,84 32,60BB Comp. DinamicoI mmmmm nnnnn 31.10 7,95 31,34 26,82 35,42OB Comp. Garantito mmmmm nnnnn 31.10 0,88 9,01 5,35 4,21BO Comp. ModeratoC mmmmm nnnnn 31.10 5,80 27,41 17,68 21,68BO Comp. ModeratoI mmmmm nnnnn 31.10 5,74 21,50 17,48 23,57BO Comp. PrudenteC mmmmm nnnnn 31.10 4,87 17,87 13,10 15,90BO Comp. PrudenteI mmmmm nnnnn 31.10 4,85 17,87 13,01 16,68

AXAASSICURAZIONIMO Comp. Conservativo mmmmm nnnnn 03.11 -0,17 — -0,08 -0,30BA CompartoDinamico mmmmm nnnnn 03.11 5,61 54,28 28,82 28,26BO CompartoEquilibrato mmmmm nnnnn 03.11 4,57 40,17 24,16 24,72BORCompartoGarantito mmmmm nnnnn 03.11 0,61 8,76 5,66 6,22BO CompartoPrudente mmmmm nnnnn 03.11 6,59 30,60 24,20 23,76

AXAMPS ASSICURAZIONI VITAAxa MPSPrevidenza in AziendaBB LineaCombinata mmmmm nnnnn 15.10 4,12 32,51 29,90 37,82BO LineaEquilibrio mmmmm nnnnn 15.10 3,94 27,26 20,12 25,90BOCLineaSicura mmmmm nnnnn 15.10 0,07 7,12 3,92 2,67BA LineaSviluppo mmmmm nnnnn 15.10 3,72 34,64 37,17 46,06OB LineaTenuta mmmmm nnnnn 15.10 1,85 21,18 6,42 10,44Axa MPSPrevidenza perTeBA LineaCrescita mmmmm nnnnn 15.10 3,26 34,64 35,51 43,34BOCLineaGarantita mmmmm nnnnn 15.10 -0,29 7,12 2,62 0,82BB LineaMista mmmmm nnnnn 15.10 3,75 32,51 28,42 35,72OB LineaMoneta mmmmm nnnnn 15.10 1,59 21,18 5,40 9,09BO LineaStabilità mmmmm nnnnn 15.10 3,57 27,26 19,06 24,74

AZIMUT PREVIDENZABA CompartoCrescita mmmmm nnnnn 31.10 5,53 — 21,48 13,66BA Comp. Crescita C mmmmm nnnnn 31.10 2,87 — — —BB CompartoEquilibrato mmmmm nnnnn 31.10 5,17 — 16,90 12,15BA Comp. EquilibratoC mmmmm nnnnn 31.10 3,51 — — —BORCompartoGarantito mmmmm nnnnn 31.10 6,95 — 16,62 14,36BA CompartoObbligaz. mmmmm nnnnn 31.10 4,37 — — —BA Comp. Obbligaz.C mmmmm nnnnn 31.10 4,37 — — —BO CompartoProtetto mmmmm nnnnn 31.10 3,07 — 5,40 2,56BA Comp. ProtettoC mmmmm nnnnn 31.10 2,14 — — —

BAP VITA E PREVIDENZABap Pensione2007BO LineaEquilibrio mmmmm nnnnn 30.09 6,24 28,78 19,52 10,03BO LineaEquilibrioA mmmmm nnnnn 30.09 6,93 28,78 21,31 13,33BA LineaInvestimento mmmmm nnnnn 30.09 9,55 41,21 33,90 10,77BA LineaInvestimento A mmmmm nnnnn 30.09 10,37 41,21 36,78 15,35OBRLineaTFR mmmmm nnnnn 30.09 2,53 11,32 7,06 4,88OBRLineaTFR A mmmmm nnnnn 30.09 3,07 11,32 8,75 7,70

BCC RISPARMIO & PREVIDENZAAZ Aureocomparto az. mmmmm nnnnn 31.10 9,35 54,71 34,95 43,65BB Aureocomparto bil. mmmmm nnnnn 31.10 5,95 35,03 21,48 28,77MO Aureocomparto gar. mmmmm nnnnn 31.10 0,19 2,23 2,04 2,83OB Aureocomp. obbl. mmmmm nnnnn 31.10 2,19 10,94 5,53 10,14

BIM VITABB BimVita Bil.Globale mmmmm nnnnn 30.09 9,45 31,72 30,74 17,55OB BimVita Bond mmmmm nnnnn 30.09 6,97 19,73 15,36 19,19BO BimVita Equilibrio mmmmm nnnnn 30.09 7,95 23,97 17,26 17,62

categ fondi rating data perf% bench perf% perf%individ collett 1anno 3 anni 3 anni 5anni



fondi pensione aperti

AZ BimVita Equity mmmmm nnnnn 30.09 14,20 41,74 48,01 19,98

CASSACENTRALE RAIFFEISENRaiffeisenF.P.A.BO LineaActivity mmmmm nnnnn 15.10 4,42 26,18 23,92 25,53BA LineaDynamic mmmmm nnnnn 15.10 -0,35 23,23 26,09 24,32OB LineaSafe mmmmm nnnnn 15.10 7,27 28,02 20,40 21,17

CREDEMPREVIDENZAAZ Comp. Azionario A mmmmm nnnnn 31.10 11,02 50,75 41,43 49,60AZ Comp. Azionario B mmmmm nnnnn 31.10 11,52 50,75 43,38 53,06BB Comp. BilanciatoA mmmmm nnnnn 31.10 10,39 40,44 34,49 36,93BB Comp. BilanciatoB mmmmm nnnnn 31.10 10,68 40,44 35,58 38,82FL Comp. Flessibile A mmmmm nnnnn 31.10 4,54 — — —FL Comp. Flessibile B mmmmm nnnnn 31.10 4,52 — — —BORComp. Obb. Gar.A mmmmm nnnnn 31.10 8,48 33,60 25,66 23,66BORComp. Obb. Gar.B mmmmm nnnnn 31.10 8,58 33,60 25,97 24,18

CRÉDITAGRICOLE VITAAZ Taro mmmmm nnnnn 31.10 11,06 50,48 38,49 54,26AZ TaroCl.A mmmmm nnnnn 31.10 11,54 50,48 40,30 57,66AZ TaroCl.B mmmmm nnnnn 31.10 11,94 50,48 41,84 60,63BORTicino mmmmm nnnnn 31.10 4,89 22,44 19,23 17,72BO TicinoCl.A mmmmm nnnnn 31.10 5,30 22,44 20,64 20,06BO TicinoCl.B mmmmm nnnnn 31.10 5,76 22,44 22,27 22,84BB Trebbia mmmmm nnnnn 31.10 11,92 46,25 35,08 49,15BB Trebbia Cl.A mmmmm nnnnn 31.10 12,41 46,25 36,86 52,46BB Trebbia Cl.B mmmmm nnnnn 31.10 12,63 46,25 37,66 54,20

CREDITRASVITAUnicreditAZ LineaDinamica mmmmm nnnnn 03.11 2,37 59,04 37,27 52,77BB LineaSerena mmmmm nnnnn 03.11 6,96 44,44 30,62 38,08OBRLineaSicura mmmmm nnnnn 03.11 0,20 10,25 5,11 5,23BOCLineaTranquilla mmmmm nnnnn 03.11 7,22 32,10 22,11 22,45

GENERALIITALIAFondoPensione Aperto INABO Inv. Bilanciato mmmmm nnnnn 30.09 9,50 31,50 26,62 27,73BOCInv. CapitaleGarant. mmmmm nnnnn 30.09 2,71 12,33 11,02 10,13BA Inv. Crescita mmmmm nnnnn 30.09 9,90 50,16 41,99 37,52BO Inv. Protezione mmmmm nnnnn 30.09 3,86 13,35 12,46 12,08BORInv. Rendim.Garant. mmmmm nnnnn 30.09 7,89 22,08 17,92 19,41BO Inv. TFR Garant.2015 mmmmm nnnnn 30.09 7,80 4,74 27,14 —BO Inv. TFR Garant.2023 mmmmm nnnnn 30.09 17,15 4,74 51,39 —BO Inv. TFR Garant.2033 mmmmm nnnnn 30.09 25,24 4,74 53,93 —PrevigenGlobalBB Balance mmmmm nnnnn 30.09 10,15 31,48 30,13 33,69BORBond mmmmm nnnnn 30.09 7,34 22,26 18,55 20,25AZ Capital mmmmm nnnnn 30.09 11,07 50,85 44,68 43,83PrevigenValoreBB Genbalance mmmmm nnnnn 30.09 9,56 31,48 28,27 31,22OBRGenbond mmmmm nnnnn 30.09 6,37 18,08 13,42 14,53BORGenbondPiù mmmmm nnnnn 30.09 6,60 22,26 16,20 16,14AZ Gencapital mmmmm nnnnn 30.09 10,82 50,85 42,95 40,26

HDIASSICURAZIONIF.P.A.Azionedi PrevidenzaAZ LineaDinamica mmmmm nnnnn 30.09 8,64 44,15 44,38 23,47BO LineaEquilibrata mmmmm nnnnn 30.09 9,36 23,89 30,16 25,54BOCLineaGarantita mmmmm nnnnn 30.09 9,41 10,57 22,82 23,59OB LineaPrudente mmmmm nnnnn 30.09 8,75 7,17 21,57 21,29

INTESASANPAOLO PREVIDENZAF.P.A.GiustinianoBA GiustinianoAzionaria mmmmm nnnnn 31.10 11,44 55,61 42,12 57,80BO Giustin. Bilanciata mmmmm nnnnn 31.10 9,94 44,09 32,31 42,05OB Giustin. Monetaria mmmmm nnnnn 31.10 1,49 8,80 6,91 7,23OB GiustinianoObbligaz. mmmmm nnnnn 31.10 7,80 67,51 19,01 21,19BOCGiustinianoTFR + mmmmm nnnnn 31.10 1,18 8,54 9,82 13,00F.P.A.Il Mio DomaniBO LineaBreve Termine mmmmm nnnnn 31.10 0,68 3,93 18,03 19,10BO LineaBreve Term. C mmmmm nnnnn 31.10 0,90 3,93 — —AZ LineaLungo Termine mmmmm nnnnn 31.10 6,23 — 47,99 57,30FL LineaLungo Term.C mmmmm nnnnn 31.10 6,42 — — —BB LineaMedio Termine mmmmm nnnnn 31.10 2,90 16,68 22,06 25,21FL LineaMedio Term.C mmmmm nnnnn 31.10 3,14 16,68 — —BORLineaTFR mmmmm nnnnn 31.10 0,96 8,54 10,61 14,02BO LineaTFR Cl.C mmmmm nnnnn 31.10 1,20 8,54 — —F.P.A.Intesa Mia PrevidenzaBO PianoPrev.Accumulo mmmmm nnnnn 31.10 7,40 35,10 26,22 28,58MOCPianoPrevid.Capitale mmmmm nnnnn 31.10 2,55 14,37 10,85 9,12BO PianoPrevid.Crescita mmmmm nnnnn 31.10 5,57 23,33 18,44 22,95BA PianoPrev.Dinamico mmmmm nnnnn 31.10 8,55 44,05 33,83 37,60OB PianoPrevid.Reddito mmmmm nnnnn 31.10 4,68 20,07 15,57 14,14F.P.A.PrevidSystemBO AccumulazioneBilan. mmmmm nnnnn 31.10 6,92 35,03 25,42 34,17BO CrescitaDinamica mmmmm nnnnn 31.10 4,98 19,81 15,12 19,49BO CrescitaPrudente mmmmm nnnnn 31.10 3,77 13,40 10,77 14,34BA Rivalut.Azionaria mmmmm nnnnn 31.10 9,27 50,60 37,81 50,77BORTFR + mmmmm nnnnn 31.10 1,10 8,54 9,31 12,10

INTESASANPAOLO VITAF.P.A.Sanpaolo PrevidenzaBA LineaBil.Azionaria mmmmm nnnnn 31.10 7,67 52,31 33,15 38,92BB LineaBilanciata mmmmm nnnnn 31.10 7,78 44,52 29,57 34,08MO LineaMonetaria mmmmm nnnnn 31.10 -0,01 2,12 2,55 2,99OB LineaObbligazion. mmmmm nnnnn 31.10 7,70 25,07 19,52 19,84BO LineaProtetta mmmmm nnnnn 31.10 2,48 11,78 9,41 8,56F.P.A.Sanpaolo Previdenza AziendeBA LineaBil.Azionaria mmmmm nnnnn 31.10 8,17 52,31 35,13 42,29BO LineaBil.Obbligaz. mmmmm nnnnn 31.10 8,28 36,74 27,29 31,37BB LineaBilanciata mmmmm nnnnn 31.10 8,22 44,52 31,31 36,99BORLineaGarantita mmmmm nnnnn 31.10 1,48 15,65 7,04 6,75OB LineaObbligazion. mmmmm nnnnn 31.10 8,05 25,07 20,72 21,79

ITAS VITAF.P.A.PensPlan PlurifondsAZ ActivITAS mmmmm nnnnn 15.09 — — — —BO AequITAS mmmmm nnnnn 15.09 — — — —BOCSecurITAS mmmmm nnnnn 15.09 — — — —BO SerenITAS mmmmm nnnnn 15.09 — — — —BB SolidITAS mmmmm nnnnn 15.09 — — — —

NATIONALE SUISSEVITABO Previs.-C.Crescita mmmmm nnnnn 30.09 9,88 39,55 25,59 30,52BB Previs.-C.Dinamica mmmmm nnnnn 30.09 11,91 54,39 37,02 42,58OBCPrevis.-C.Garanz. mmmmm nnnnn 30.09 8,07 24,70 15,31 19,29

PENSPLANINVEST SGRPensPlanProfi F.P.A.BB CompartoLinea A mmmmm nnnnn 15.10 5,28 34,58 20,99 21,68BO CompartoLinea B mmmmm nnnnn 15.10 4,90 25,08 17,64 21,13OB CompartoLinea C mmmmm nnnnn 15.10 1,38 8,58 6,41 7,38

PIONEER INVESTMENT MGMT




fondi pensione aperti

Pioneer FuturoAZ CompartoAzionario mmmmm nnnnn 30.09 10,60 56,84 46,14 48,96BB CompartoBilanciato mmmmm nnnnn 30.09 10,09 43,74 36,47 41,07BO CompartoDT 2015 mmmmm nnnnn 30.09 2,26 34,60 10,18 12,85BO CompartoDT 2020 mmmmm nnnnn 30.09 8,80 30,75 26,49 31,30BB CompartoDT 2025 mmmmm nnnnn 30.09 9,01 44,49 29,53 35,60BB CompartoDT 2030 mmmmm nnnnn 30.09 9,32 49,44 32,05 38,78BA CompartoDT 2035+ mmmmm nnnnn 30.09 9,14 49,44 34,44 42,26MO CompartoGarantito mmmmm nnnnn 30.09 3,08 5,30 10,54 11,78BO Comp. Ob. Br.Periodo mmmmm nnnnn 30.09 2,37 29,65 8,77 10,62OB CompartoOb. Reale mmmmm nnnnn 30.09 3,20 18,16 10,06 12,81BO CompartoPrudente mmmmm nnnnn 30.09 7,83 28,96 25,49 30,28

POPOLARE VITAOBRPopolareBond mmmmm nnnnn 30.09 6,84 19,73 14,05 17,63BORPopolareGest mmmmm nnnnn 30.09 7,79 23,97 16,52 17,95BORPopolareGest Cl.A mmmmm nnnnn 30.09 8,18 23,97 17,78 20,06BORPopolareGest Cl.B mmmmm nnnnn 30.09 8,23 23,97 17,98 —BB PopolareMix mmmmm nnnnn 30.09 11,19 35,88 32,36 29,99BB PopolareMix Cl.A mmmmm nnnnn 30.09 11,63 35,88 33,95 32,61

REALE MUTUA ASSICURAZIONIBB Teseo-L.Bilanc.Etica mmmmm nnnnn 30.09 8,61 9,69 27,26 24,18MORTeseo-L.Garan. Etica mmmmm nnnnn 30.09 4,26 5,30 10,44 9,75OB Teseo-L.Prud. Etica mmmmm nnnnn 30.09 8,31 24,23 17,08 21,04AZ Teseo-L.Svil.Etica mmmmm nnnnn 30.09 8,25 22,34 40,51 24,67

TORO DI GENERALIITALIAAZ LineaAzionaria mmmmm nnnnn 30.09 11,42 59,66 42,78 38,26AZ LineaAzionaria A mmmmm nnnnn 30.09 12,17 59,66 45,81 42,75AZ LineaAzionaria B mmmmm nnnnn 30.09 12,17 59,66 46,01 43,19AZ LineaAzionaria C mmmmm nnnnn 30.09 12,34 59,66 46,55 43,98BBRLineaBil. Garanzia mmmmm nnnnn 30.09 9,02 30,32 19,17 23,43BBRLineaBil. Garanzia A mmmmm nnnnn 30.09 9,01 30,32 19,18 23,47BBRLineaBil. Garanzia B mmmmm nnnnn 30.09 8,90 30,32 — —BBRLineaBil. Garanzia C mmmmm nnnnn 30.09 9,00 30,32 19,15 23,46OBRLineaObbl. Garanzia mmmmm nnnnn 30.09 7,75 14,62 8,71 11,26OBRLineaOb. Garanzia A mmmmm nnnnn 30.09 8,23 14,62 10,17 13,75OBRLineaOb. Garanzia B mmmmm nnnnn 30.09 8,34 14,62 10,47 14,28OBRLineaOb. Garanzia C mmmmm nnnnn 30.09 8,42 14,62 10,78 14,79

UNIPOLSAIF.P.A.Conto PrevidenzaAZ Comp.Azionario mmmmm nnnnn 30.09 10,62 52,79 40,59 42,64AZ Comp.AzionarioA mmmmm nnnnn 30.09 11,49 52,79 44,04 48,54AZ Comp.AzionarioB mmmmm nnnnn 30.09 11,55 52,79 44,22 48,90BB Comp.Bilanciato mmmmm nnnnn 30.09 10,39 41,12 31,80 32,67BB Comp.BilanciatoA mmmmm nnnnn 30.09 11,02 41,12 34,10 36,79BB Comp.BilanciatoB mmmmm nnnnn 30.09 11,05 41,12 34,25 37,06BORComp.Garantito mmmmm nnnnn 30.09 10,49 23,97 20,11 20,04BORComp.GarantitoA mmmmm nnnnn 30.09 10,98 23,97 21,72 22,74BORComp.GarantitoB mmmmm nnnnn 30.09 11,03 23,97 21,88 23,04OB Comp.Obbigazion. mmmmm nnnnn 30.09 7,24 15,34 12,99 17,55OB Comp.Obbigazion. A mmmmm nnnnn 30.09 7,72 15,34 14,50 20,19OB Comp.Obbigazion. B mmmmm nnnnn 30.09 7,77 15,34 14,66 20,48FLRComp.PremiumTFR mmmmm nnnnn 30.09 5,39 — 12,25 15,61F.P.A.Fondiaria PrevidenteAZ Comp.Azionario mmmmm nnnnn 30.09 11,15 52,79 40,78 40,20BB Comp.Bilanciato mmmmm nnnnn 30.09 10,43 41,12 32,08 33,85BORComp.Garantito mmmmm nnnnn 30.09 10,38 23,97 20,65 20,15MO Comp.Monetario mmmmm nnnnn 30.09 2,27 2,27 5,50 4,63OB Comp.Obbigazion. mmmmm nnnnn 30.09 7,09 15,34 13,28 17,64F.P.A.Milano Assicurazioni

OBRComp.MilanoBond mmmmm nnnnn 30.09 9,14 19,73 16,46 19,85OBRComp.MilanoBond A mmmmm nnnnn 30.09 9,58 19,73 17,87 22,28OBRComp.MilanoBond B mmmmm nnnnn 30.09 9,63 19,73 18,03 22,54AZ Comp.MilanoEuropa mmmmm nnnnn 30.09 10,67 36,59 43,67 36,11AZ C.MilanoEuropa A mmmmm nnnnn 30.09 11,36 36,59 46,41 40,41AZ C.MilanoEuropa B mmmmm nnnnn 30.09 11,41 36,59 46,59 40,74BORComp.MilanoGestito mmmmm nnnnn 30.09 10,06 23,97 19,09 21,29BORC.MilanoGestitoA mmmmm nnnnn 30.09 10,55 23,97 20,71 24,06BORC.MilanoGestitoB mmmmm nnnnn 30.09 10,59 23,97 20,84 24,29AZ Comp.MilanoGlobal mmmmm nnnnn 30.09 9,80 56,23 38,25 51,01AZ C.MilanoGlobal A mmmmm nnnnn 30.09 10,50 56,23 40,87 55,82AZ C.MilanoGlobal B mmmmm nnnnn 30.09 10,54 56,23 41,05 56,18BB Comp.MilanoMix mmmmm nnnnn 30.09 11,74 35,88 32,57 31,11BB Comp.MilanoMix A mmmmm nnnnn 30.09 12,26 35,88 34,42 34,18BB Comp.MilanoMix B mmmmm nnnnn 30.09 12,32 35,88 34,62 34,53FL C.MilanoPrem.TFR mmmmm nnnnn 30.09 5,40 — 12,33 16,18F.P.A.SaiOBRComp.Previ-Bond mmmmm nnnnn 30.09 9,15 19,73 16,57 20,17BORComp.Previ-Capital mmmmm nnnnn 30.09 8,91 14,14 15,68 16,00AZ Comp.Previ-Europa mmmmm nnnnn 30.09 10,51 36,59 41,51 27,85BORComp.Previ-Gest mmmmm nnnnn 30.09 10,09 23,97 19,36 19,18AZ Comp.Previ-Global mmmmm nnnnn 30.09 9,93 56,23 38,04 50,43BB Comp.Previ-Mix mmmmm nnnnn 30.09 12,26 35,88 36,64 28,27F.P.A.Unipol InsiemeBOCComp.Crescita mmmmm nnnnn 29.10 8,34 34,70 26,33 33,65BORC.ProtezioneEtica mmmmm nnnnn 29.10 7,34 13,51 17,69 18,44BB Comp.Sviluppo mmmmm nnnnn 29.10 7,21 39,43 33,02 38,30AZ Comp.Valore mmmmm nnnnn 29.10 5,74 47,76 38,56 44,63F.P.A.Unipol PrevidenzaOBRC.A:Obbl.garanzia mmmmm nnnnn 28.10 7,34 26,04 20,88 23,50BORC.B:Obbl.mistagar. mmmmm nnnnn 28.10 7,90 26,94 23,69 25,03BO Comp.C:Obbl.mista mmmmm nnnnn 28.10 7,37 32,61 25,97 29,93BB Comp.D:Bilanciata mmmmm nnnnn 28.10 6,05 39,15 30,10 33,16

VITTORIAFORMULA LAVOROAZ Previd. Capitalizz. mmmmm nnnnn 30.09 10,11 55,98 42,11 28,21BB Previd. Equilibrata mmmmm nnnnn 30.09 10,72 40,34 35,85 27,28BORPrevidenzaGarantita mmmmm nnnnn 30.09 11,36 28,61 28,65 23,54

ZEDOMNIFUNDAZ Azionaria mmmmm nnnnn 30.09 9,77 58,30 40,01 30,21BO Bilanciata30 mmmmm nnnnn 30.09 8,17 29,59 21,31 23,68BA Bilanciata65 mmmmm nnnnn 30.09 10,00 49,89 36,00 29,10OBRGarantita mmmmm nnnnn 30.09 5,51 14,89 14,72 8,26OB Obbligazionaria mmmmm nnnnn 30.09 7,07 15,46 12,21 16,90

ZURICH CONTRIBUTIONOB LineaConservativa mmmmm nnnnn 30.09 6,74 15,46 11,77 14,91BA LineaDinamica mmmmm nnnnn 30.09 11,40 49,89 39,73 35,36OBRLineaGarantita mmmmm nnnnn 30.09 6,95 14,89 17,58 13,14




fondi chiusi immobiliari a cura di

LEGENDA(1)Ultimo Navannualedisponibile (30/06/2013), rettificatopereventuali dividendierimborsidistribuiti. (2) rapportotraprezzodi mercatoeNav.(3)Canoni/Valore immobili: ècalcolatorapportandol'ultimo datodiffusosuicanoni annuie ilvaloredegli immobili implicitoneiprezzi diborsa. (4)Div.12m/prezzo:calcolatorapportandoildivideno cumulato negliultimi 12 mesi rispettoall'ultimoprezzodisponibile.Eventualidistribuzioni dicapitale nonsonostatecomputate,se debitamentecomunicate edettagliate.Diversi fondihannodistribuito plusvalenzemonetizzatederivantidalla cessionedi immobiliealcunihanno postoinpagamento proventi riconducibiliadeserciziprecedenti.(5)Controvalore settimanale:sommadel controvalorescambiatonelleultimecinquesedutedi borsa.(6)Rendimento annuodacollocamento (prezzo): tasso annualizzato, tieneconto deidividendi corrisposticonriferimentoalla datadi calcolodella tabellaconsiderandocome valorediuscita l'ultimoprezzodimercato.(7)Rendimento annuodacollocamento (Nav): tassoannualizzato, tiene contodei dividendicorrisposticon riferimentoalladata dicalcolo dellatabellaconsiderandocome valorediuscita l’ultimoNavrettificato.(8)Rendimento annuo:ècalcolato ipotizzandol’ultimoprezzodi borsacomevaloredi entratae l’ultimoNAVrettificatocome quello diuscitaalla datadiscadenzamassima,non considerandonelcomputoalcunprovento distribuito (dividendierimborsi).I rendimentiaunasettimanae2013: scostamentidei prezzidi borsatenutoconto dieventualidividendi distribuiti.

nomefondoe scadenza prezzo nav sconto canoni/ div12m/ controv rendim rendim rendim data rendim(1) (2) valore prezzo settim annuo annuo 1sett 2013 scadenza annuo

imm. (3) (4) euro(5) prz(6) nav (7) massima (8)

Atlantic1 (12/2016) 318,50 482,081 -33,9 +9,9 +8,6 268313 +2,16 +5,83 -2,60 +42,78 12-2019 +21,2Atlantic2 (12/2018) 143,90 221,518 -35,0 +9,5 +2,8 3672 +8,11 +9,71 +5,89 +5,21 12-2018 +10,9EstenseG.D. (12/2016) 955,00 1103,524 -13,5 +28,7 +17,2 34214 +3,74 +4,17 -0,42 +7,52 12-2016 +6,9Europa Imm. 1(12/2017) 694,50 1559,557 -55,5 +16,2 — 455557 -9,51 -2,57 +21,20 +36,85 12-2017 +29,2FondoAlpha(06/2019) 1215,00 3701,560 -67,2 +39,3 — 82010 +2,20 +8,02 +5,38 +27,63 12-2030 +7,4FondoBeta(02/2015) 289,00 420,060 -31,2 +24,9 +1,1 22292 +7,89 +8,97 +2,25 +11,99 12-2015 +45,3FondoDelta(12/2014) 41,67 91,753 -54,6 +11,7 — 228969 -9,37 -0,49 -0,74 +41,46 12-2017 +28,4Imm. dinamico (12/2020) 76,00 214,594 -64,6 +12,7 — 100041 -9,85 -0,46 +0,40 +0,86 12-2023 +18,4Immobilium 2001(12/2017) 1725,00 4161,500 -58,5 +9,3 — 28291 -2,49 +2,43 +4,17 +13,02 12-2020 +32,2InvestRealSec. (12/2016) 828,00 1984,689 -58,3 +10,5 — 27170 -7,37 -0,43 -0,36 -10,20 12-2016 +50,1Investietico(12/2015) 1507,00 2475,772 -39,1 +10,6 +9,0 57182 +1,54 +4,20 -0,20 -0,32 12-2018 +53,9Med.RE -A(12/2021) 2,91 5,737 -49,3 +13,5 — 1309 -6,02 +1,59 -3,07 -16,96 12-2027 +10,0Med.RE -B(12/2021) 2,36 4,139 -43,1 +13,5 +5,9 45785 -3,36 +1,77 +2,43 -22,34 12-2027 +8,2Obelisco(12/2015) 597,50 1790,533 -66,6 +10,8 — 4727 -13,24 -2,23 +3,37 -2,05 12-2018 +159,6Olinda(12/2014) 111,90 130,298 -14,1 +12,0 — 344459 -3,32 -2,51 +1,82 +5,17 12-2014 +16,4Polis (12/2015) 740,00 1815,590 -59,2 +13,5 — 191315 -2,62 +2,19 +0,68 +0,61 12-2018 +118,1PortfolioImm. (12/2016) 467,80 975,570 -52,0 +20,9 — 86364 -1,56 +0,43 -2,34 -14,42 12-2016 +40,7RE Europa (12/2016) 1139,00 2082,266 -45,3 +13,6 +8,8 4226078 -2,06 +1,43 +2,06 +38,09 12-2019 +32,3RE Italia (12/2016) 1119,00 2119,072 -47,2 +12,2 +6,5 73400 +0,78 +3,71 +3,80 +16,18 12-2019 +34,5Risp. Imm.1 Energia (12/2018) 7600,00 6360,447 +19,5 +9,0 — 7430 -1,30 -3,36 +1,33 +8,57 12-2021 -4,2Securfondo (12/2017) 1105,00 1985,911 -44,4 +10,8 +2,3 27273 +2,52 +4,55 +1,94 -6,66 12-2017 +20,4Socrate(12/2017) 218,00 513,761 -57,6 +32,2 — 74558 -8,60 +1,71 +10,60 — 12-2020 +31,2Tecla(12/2014) 145,00 286,841 -49,4 +11,0 — 8681 +8,58 +11,39 -1,43 -8,69 12-2014 +97,8UnicreditoImm.1 (12/2017) 1756,00 2790,541 -37,1 +13,2 — 478900 +0,82 +3,30 +0,23 +9,82 12-2020 +15,8ValoreImm. glob. (12/2019) 1415,00 2886,827 -51,0 +32,4 — 158532 -0,94 +1,43 -3,08 -5,67 12-2022 +14,8(Noriskprestaoccasionalmenteeautonomamenteattivitàdi consulenzaafavoredegliemittentidegli strumenti finanziarioggettodi analisi)


EXCHANGE TRADED FUND a cura di

BILANCIATOprudenteUbsEtfsPlc - MapBalanced 7 SfUcits Etf (IE00B95FFX04)[SinteticaFunded:Nonpresente] mmmmm 0,75 0,21 203.122 -AZIONARIOemergentedbX-Trackers Msci MexicoTrn IndexUcits Etf(LU0476289466)[FisicaCompleta:prestito titoli(0%)e collaterale] mmmmm 0,65 0,41 233.715 15,29iShares Asia Pacific Dividend Ucits Etf(IE00B14X4T88)[FisicaCompleta:prestito titoli(20,08%) e collaterale(102,5%-112%)] mmmmm 0,59 0,35 233.369 6,38iShares MsciTurkey Ucits Etf (IE00B1FZS574)[FisicaCompleta:prestito titoli(29,48%) e collaterale(102,5%-112%)] mmmmm 0,74 0,62 213.916 5,62Lyxor EtfHsi Euro (FR0010361675)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,65 0,31 212.921 14,93iShares MsciRussia Adr/Gdr Ucits Etf(IE00B5V87390)[SinteticaFunded:Nonpresente] mmmmm 0,65 0,29 193.117 -19,38iShares MsciEm LatinAmerica (IE00B27YCK28)[FisicaaCampione:prestito titoli(0,22%) ecollaterale (102,5%-112%)] mmmmm 0,74 0,77 189.765 -0,04SourceRdx Ucits Etf(IE00B5NDLN01)[SinteticaFunded:Nonpresente] mmmmm 0,65 0,33 186.922 -Amundi EtfMsci India Ucits Etf (FR0010713727)[SinteticaUnfunded:basketsostitutivo (99,52%) Swap(0,48%)] mmmmm 0,80 0,27 183.400 39,92dbX-Trackers Msci Ac Asia Ex JapanTrn IndexUcits Etf(LU0322252171)[SinteticaFunded:con Swap(100%)(collaterale110,88%)] mmmmm 0,65 0,24 180.008 13,20Lyxor EtfEastern Europe Cece Eur (FR0010204073)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,50 0,33 178.515 -4,02Lyxor EtfSouthAfrica Ftse JseTop 40 Eur (FR0010464446)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,65 0,33 175.329 8,99Amundi EtfMsciChina Ucits Etf(FR0010713784)[SinteticaUnfunded:basketsostitutivo (99,6%) Swap(0,4%)] mmmmm 0,55 0,28 173.360 10,69iShares MsciPacific Ex-Japan Ucits Etf (IE00B4WXJD03)[FisicaCompleta] mmmmm 0,60 0,39 171.037 7,66iShares MsciTaiwan(IE00B0M63623)[FisicaCompleta] mmmmm 0,74 0,38 169.149 19,95dbX-Trackers Ftse China 25 Ucits Etf (LU0292109856) [con Swap (100%) (collaterale 120,86)FisicaCompleta: prestito titoli(0%)e collaterale] mmmmm 0,60 0,28 167.439 16,09Lyxor EtfMalaysia (FR0010397554)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,65 0,70 158.945 5,05dbX-Trackers Msci EmLatam Index Ucits Etf(LU0292108619)[SinteticaUnfunded:basketsostitutivo (99,67%) Swap(0,33%)] mmmmm 0,65 0,48 157.038 -0,13Lyxor EtfMsciEm Latin AmericaEur (FR0010410266)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,65 0,61 153.091 0,41dbX-Trackers Msci TaiwanIndex Ucits Etf(LU0292109187)[SinteticaFunded:con Swap(100%)(collaterale120,86%)] mmmmm 0,65 0,44 132.982 20,63Lyxor EtfMsciKorea (FR0010361691)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,65 0,43 124.958 -3,71dbX-Trackers Msci Pacific ExJapan TrnIndex Ucits Etf(LU0322252338)[SinteticaFunded:con Swap(100%)(collaterale120,79%)] mmmmm 0,45 0,29 122.826 7,27iShares MsciKoreaUcits Etf (IE00B5W4TY14)[SinteticaFunded:Nonpresente] mmmmm 0,65 0,29 119.067 -3,74dbX-Trackers Msci RussiaCapped Index Ucits Etf(LU0322252502)[SinteticaFunded:con Swap(100%)(collaterale120,9%)] mmmmm 0,65 0,38 113.695 -21,23dbX-Trackers Cnx Nifty Ucits Etf(LU0292109690)[SinteticaFunded:con Swap(100%)(collaterale122,79%)] mmmmm 0,85 0,34 112.786 45,14Rbs MarketAccess Msci EmergingAnd Frontier Africa Ex SouthAfrica Index Etf(LU0667622384)[SinteticaUnfunded:basketsostitutivo (0%)Swap (100%)(collaterale98,66%)] mmmmm 0,85 1,52 112.378 9,22dbX-Trackers Msci EmEmea Index Ucits Etf(LU0292109005)[SinteticaFunded:con Swap(100%)(collaterale115,46%)] mmmmm 0,65 0,54 112.375 -1,58UbsIrl EtfPlc - Msci Brazil(IE00B6SBCY47)[FisicaCompleta] mmmmm 0,43 1,09 110.426 -4,51Lyxor EtfTaiwan(FR0010444786)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,65 0,44 110.391 20,18dbX-Trackers Msci MalaysiaTrn IndexUcits Etf- 1C(LU0514694370) [ con Swap (100%) (collaterale 120,8)FisicaCompleta: prestito titoli(0%)e collaterale] mmmmm 0,50 0,62 110.340 5,24Spdr S&PEmerging MarketsDividend Ucits Etf (IE00B6YX5B26)[FisicaCompleta] mmmmm 0,55 0,68 109.918 -1,15Etfs-E FundMsciChina AGo Ucits Etf(IE00BHBFDF83)[SinteticaFunded:Nonpresente] mmmmm 0,88 0,79 107.479 -Lyxor EtfPan Africa (FR0010636464)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,85 0,80 106.737 8,59Amundi EtfMsciEm Asia Ucits Etf - Eur(FR0011020965)[SinteticaUnfunded:basketsostitutivo (99,95%)Swap (0,05%)] mmmmm 0,20 0,44 104.749 13,67dbX-Trackers Msci IndonesiaTrn IndexUcits Etf (LU0476289623)[SinteticaFunded:con Swap(100%)(collaterale120,9%)] mmmmm 0,65 0,74 103.016 22,01dbX-Trackers Msci Thailand TrnIndex Ucits Etf- 1C (LU0514694701)[SinteticaFunded:con Swap(100%)(collaterale120,78%)] mmmmm 0,50 0,81 100.417 14,55dbX-Trackers S&P Select Frontier Ucits Etf(LU0328476410)[SinteticaFunded:con Swap(100%)(collaterale115,75%)] mmmmm 0,95 0,95 99.298 20,99dbX-Trackers Msci KoreaTrn IndexUcits Etf (LU0292100046) [ con Swap(100%) (collaterale 120,86)FisicaCompleta: prestito titoli(0%)e collaterale] mmmmm 0,65 0,37 95.235 -4,01Amundi EtfMsciEm Latin AmericaUcits Etf- Eur (FR0011020973)[SinteticaUnfunded:basketsostitutivo (100,82%)Swap (-0,82%)] mmmmm 0,20 0,59 95.042 0,65dbX-Trackers S&P/Asx 200 Ucits Etf (LU0328474803)[FisicaCompleta:prestito titoli(0%)e collaterale] mmmmm 0,50 0,26 94.248 3,45iShares MsciEmerging MarketsUcits Etf (Acc)(IE00B4L5YC18)

strumento rating comm spread ctv perf1-5 tot% bid/ask medio anno

stelle anno % 30ggÀ %


EXCHANGE TRADED FUND

[FisicaaCampione:prestito titoli(2,16%) ecollaterale (102,5%-112%)] mmmmm 0,68 0,64 92.627 7,58Ubs-EtfMsci Pacific Ex.Japan (LU0446734526)[FisicaCompleta:prestito titoli(5,4%) e collaterale (111,34%)] mmmmm 0,30 0,25 87.736 7,80dbX-Trackers Msci ChileTrn IndexUcits Etf(LU0592217797)[SinteticaFunded:con Swap(100%)(collaterale118,27%)] mmmmm 0,65 0,72 86.168 -11,11Lyxor EtfAustralia S&PAsx 200-A (LU0496786905)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,40 0,30 84.122 3,43iShares Core MSCIPacific ex JapanUcits Acc (IE00B52MJY50)[SinteticaFunded:Nonpresente] mmmmm 0,20 0,29 72.574 7,90Amundi EtfMsciPacific Ex JapanUcits Etf(FR0010713669)[SinteticaUnfunded:basketsostitutivo (99,72%) Swap(0,28%)] mmmmm 0,45 0,19 65.850 7,11Spdr MsciEm Asia Ucits Etf(IE00B466KX20)[FisicaaCampione] mmmmm 0,55 0,35 64.462 13,50Lyxor EtfThailand (FR0011067529)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,45 0,77 57.863 15,79Rbs MarketAccess Msci Frontier MarketsIndex Etf(LU0667622202)[SinteticaUnfunded:basketsostitutivo (0%)Swap (100%)(collaterale101,04%)] mmmmm 0,90 1,09 57.335 27,07europaEtfs3X Daily Short Ftse Mib (JE00B894R074)[SinteticaFunded:Nonpresente] mmmmm 0,82 0,67 232.415 -dbX-Trackers Euro Stoxx 50 Double Short Daily Ucits Etf (LU0417510616)[SinteticaFunded:con Swap(100%)(collaterale120,13%)] mmmmm 0,50 0,25 229.229 -17,43dbX-Trackers Stoxx Europe 600 Ucits EtfDR (LU0328475792)[FisicaaCampione:prestito titoli(5,04%) ecollaterale (105,19%)] mmmmm 0,20 0,18 226.249 7,71iShares MsciEurope Ex-Uk Ucits Etf (IE00B14X4N27)[FisicaCompleta:prestito titoli(6,48%) ecollaterale (102,5%-112%)] mmmmm 0,40 0,18 222.591 7,05dbX-Trackers Smi Ucits Etf (DR)(LU0274221281)[FisicaCompleta:prestito titoli(6,99%) e collaterale(105,19%)] mmmmm 0,30 0,08 217.241 13,07iShares StoxxEurope Select Dividend 30 (DE0002635299)[FisicaCompleta] mmmmm 0,31 0,24 212.867 13,26Ubs-EtfMsci Emu Small Cap(LU0671493277)[SinteticaFunded:Nonpresente] mmmmm 0,33 0,44 205.145 1,57Lyxor EtfStoxx Europe 600Utilities (FR0010344853)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,16 200.640 17,84Amundi EtfMsciEurope Ucits Etf(FR0010655696)[SinteticaUnfunded:basketsostitutivo (99,87%) Swap(0,13%)] mmmmm 0,28 0,11 193.581 7,09iShares MsciEurope Ucits Etf Acc(IE00B4K48X80)[FisicaCompleta:prestito titoli(1,98%) ecollaterale (102,5%-112%)] mmmmm 0,33 0,25 189.812 7,05ETFS DAX® Daily 2x Long GO UCITS ETF(IE00B4QNHH68)[SinteticaUnfunded:basketsostitutivo (110%)Swap (100%)] mmmmm 0,40 0,28 186.673 1,01IsharesMsciEmu Large CapUcits Etf(IE00BCLWRF22)[SinteticaFunded:Nonpresente] mmmmm 0,49 0,24 174.933 -Lyxor EtfStoxx Europe Select Dividend 30(FR0010378604)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,22 173.059 13,10Etfs3X Daily Long Ftse Mib(JE00B8DVWK97)[SinteticaFunded:Nonpresente] mmmmm 0,82 0,64 171.366 -iShares UkDividend Ucits Etf(IE00B0M63060)[FisicaCompleta:prestito titoli(7,93%) ecollaterale (102,5%-112%)] mmmmm 0,40 0,24 168.305 11,31Amundi EtfMsciSpain Ucits Etf(FR0010655746)[SinteticaUnfunded:basketsostitutivo (99,61%)Swap (0,39%)] mmmmm 0,25 0,20 162.586 8,39dbX-Trackers - Stoxx Europe 600 BanksUcits Etf(LU0292103651)[SinteticaFunded:con Swap(100%)(collaterale114,69%)] mmmmm 0,30 0,16 156.858 3,89ETFS DAX® Daily 2x ShortGO UCITS ETF (IE00B4QNHZ41)[SinteticaUnfunded:basketsostitutivo (110%)Swap (100%)] mmmmm 0,60 0,36 151.069 -15,35BoostEuro Stoxx 50 3X Short Daily Etp(IE00B8JF9153)[SinteticaFunded:Nonpresente] mmmmm 0,80 0,40 142.256 -27,76Ossiam StoxxEurope 600 Equal Weight Nr (LU0599613147)[SinteticaFunded:Nonpresente] mmmmm 0,35 0,28 132.335 6,43iShares European PropertyYield Ucits Etf(IE00B0M63284)[FisicaCompleta:prestito titoli(2,47%) ecollaterale (102,5%-112%)] mmmmm 0,40 0,31 128.876 13,50Lyxor EtfStoxx Europe 600Food & Beverage (FR0010344861)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,24 128.825 10,98Spdr MsciEurope Health Care Etf(FR0000001737)[FisicaCompleta:prestito titoli(6,44%) e collaterale(105,25%)] mmmmm 0,30 0,41 127.240 21,70Spdr Etfs- Spdr Msci Europe Etf(FR0000001885)[FisicaCompleta:prestito titoli(9,62%) e collaterale (104,97%)] mmmmm 0,30 0,29 118.687 6,75Lyxor EtfStoxx Europe 600Insurance (FR0010344903)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,27 112.362 14,76SourceEuro Stoxx50 Ucits Etf- A Eur Accumulating (IE00B60SWX25)[SinteticaFunded:Nonpresente] mmmmm 0,25 0,13 108.296 -Amundi EtfMsciGermany Ucits Etf(FR0010655712)[SinteticaUnfunded:basketsostitutivo (100,03%)Swap (-0,03%)] mmmmm 0,25 0,08 96.400 2,70dbX-Trackers Msci Europe Small CapTrn IndexUcits Etf(LU0322253906)[FisicaaCampione:prestito titoli(17,1%) e collaterale(106,81%)] mmmmm 0,40 0,25 95.261 6,14BoostLevdax 3X Daily Etp(IE00B878KX55)[SinteticaFunded:Nonpresente] mmmmm 0,75 0,44 93.818 -0,93Spdr Etfs- Spdr Msci Europe Financials Etf(FR0000001703)[FisicaCompleta:prestito titoli(4,89%) ecollaterale (104,20%)] mmmmm 0,30 0,41 87.180 7,68BoostShortdax 3X Daily Etp(IE00B8GKPP93)[SinteticaFunded:Nonpresente] mmmmm 0,80 0,38 87.046 -23,46Amundi EtfShort Euro Stoxx50 Daily Ucits Etf(FR0010757781)[SinteticaUnfunded:basketsostitutivo (100,07%)Swap (-0,07%)] mmmmm 0,30 0,16 83.728 -7,84SourceMsci Europe Ucits Etf(IE00B60SWY32)[SinteticaFunded:Nonpresente] mmmmm 0,30 0,18 83.608 -Lyxor EtfStoxx Europe 600Technology (FR0010344796)





[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,16 81.394 5,16Lyxor EtfStoxx Europe 600Travel & Leisure (FR0010344838)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,32 81.313 20,63Ossiam EtfEurope Minimum VarianceNr (LU0599612842)[SinteticaFunded:Nonpresente] mmmmm 0,65 0,23 78.737 12,94Lyxor EtfStoxx Europe 600Chemicals (FR0010345470)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,16 70.902 6,31Amundi EtfMsciEmu Ucits Etf (FR0010655688)[SinteticaUnfunded:basketsostitutivo (99,77%)Swap (0,23%)] mmmmm 0,25 0,13 70.037 4,33Amundi EtfCac 40Ucits Etf C (FR0007080973)[FisicaCompleta: prestito titoli (max23%)e collaterale (103%cash, 105%bonds, 110.5%equities)] mmmmm 0,25 0,26 68.814 2,14iShares MsciEmu Small CapUcits Etf(IE00B3VWMM18)[SinteticaFunded:Nonpresente] mmmmm 0,58 0,62 68.748 1,69dbX-Trackers Cac 40 Short Daily Ucits Etf(LU0322251280)[SinteticaUnfunded:basketsostitutivo (102,2%) Swap(-2,2%)] mmmmm 0,40 0,16 65.827 -5,14Lyxor EtfStoxx Europe 600Financial Services (FR0010345363)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,29 64.384 14,02Amundi EtfMsciEurope Healthcare Ucits Etf (FR0010688192)[SinteticaUnfunded:basketsostitutivo (99,87%) Swap(0,13%)] mmmmm 0,25 0,17 63.995 22,09Lyxor EtfStoxx Europe 600Automobiles & Parts (FR0010344630)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,16 62.556 3,57Amundi EtfS&PEurope 350 Ucits Etf(IE0031091428)[FisicaCompleta: prestito titoli (max23%)e collaterale (103%cash, 105%bonds, 110.5%equities)] mmmmm 0,35 0,36 59.710 7,31dbX-Trackers - Stoxx Europe 600 Basic Resources Ucits Etf(LU0292100806)[SinteticaFunded:con Swap(100%)(collaterale110,92%)] mmmmm 0,30 0,16 59.659 -4,80dbX-Trackers - Dj Stoxx Europe 600Technology Ucits Etf(LU0292104469)[SinteticaFunded:con Swap(100%)(collaterale110,87%)] mmmmm 0,30 0,17 56.909 5,01dbX-Trackers Stoxx Europe 600 Banks ShortDaily Ucits Etf(LU0322249037)[SinteticaFunded:con Swap(100%)(collaterale120,3%)] mmmmm 0,50 0,20 56.087 -8,11Lyxor EtfMsciEmu Small Caps (FR0010168773)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,40 0,77 53.747 0,82giapponedbX-Trackers - Msci JapanTrn IndexUcits Etf - 1C(LU0274209740)[SinteticaUnfunded:basketsostitutivo (100,19%) Swap(-0,19%)] mmmmm 0,50 0,15 227.537 9,90Amundi EtfMsciJapan Ucits Etf(FR0010688242)[SinteticaUnfunded:basketsostitutivo (100,25%) Swap(-0,25%)] mmmmm 0,45 0,19 186.711 9,91IsharesMsciJapan Smallcap Ucits Etf(Inc) (IE00B2QWDY88)[SinteticaFunded:Nonpresente] mmmmm 0,59 0,52 143.251 -Rbs MarketAccess TopixHedged Index Etf(LU0562666403)[SinteticaUnfunded:basketsostitutivo (0%)Swap (100%)(collaterale100,32%)] mmmmm 0,50 0,68 122.555 18,16UbsEtfMsci Japan100% Hedged To Eur Ucits Etf(LU0950672476)[FisicaCompleta:prestito titoli(2,85%) e collaterale (108,85%)] mmmmm 0,45 0,54 122.510 17,72iShares MsciJapan Ucits EtfAcc(IE00B4L5YX21)[FisicaaCampione] mmmmm 0,48 0,23 90.524 9,55globaleAmundi EtfMsciWorld Ucits Etf(FR0010756098)[SinteticaUnfunded:basketsostitutivo (100,51%)Swap (-0,51%)] mmmmm 0,38 0,08 200.264 17,24iShares GlobalInfrastructure Ucits Etf(IE00B1FZS467)[FisicaCompleta] mmmmm 0,65 0,49 168.846 22,96dbX-Trackers Msci WorldHealth Care TrnIndex Ucits Etf(LU0540980223)[SinteticaFunded:con Swap(100%)(collaterale119,25%)] mmmmm 0,45 0,41 161.963 32,90iShares GlobalWater Ucits Etf(IE00B1TXK627)[FisicaCompleta:prestito titoli(9,96%) e collaterale(102,5%-112%)] mmmmm 0,65 0,49 154.676 16,97dbX-Trackers Lpx Mm PrivateEquity Ucits Etf(LU0322250712)[SinteticaUnfunded:basketsostitutivo (106,87%) Swap(-6,87%)] mmmmm 0,70 0,36 145.352 5,20Rbs MarketAccess Nyse Arca Gold Bugs Index Etf(LU0259322260)[SinteticaUnfunded:basketsostitutivo (0%)Swap (100%)(collaterale102,77%)] mmmmm 0,65 1,01 129.973 -28,31EtfsUs EnergyInfrastructure Mlp GoUcits Etf (IE00BHZKHS06)[SinteticaFunded:Nonpresente] mmmmm 0,45 0,40 117.382 -Lyxor EtfWorldWater/France (FR0010527275)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,60 0,63 97.503 20,20Lyxor New Energy(FR0010524777)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,60 1,12 84.063 1,64Ubs-EtfMsci World(LU0340285161)[FisicaaCampione:prestito titoli(7,85%) ecollaterale (111,95%)] mmmmm 0,30 0,16 83.869 17,09iShares GlobalCleanEnergy Ucits Etf(IE00B1XNHC34)[FisicaCompleta:prestito titoli(22,35%) e collaterale (102,5%-112%)] mmmmm 0,65 1,09 69.182 4,86Lyxor EtfDj GlobalTitans 50 (FR0007075494)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,40 0,82 60.969 17,21dbX-Trackers Msci WorldInformation Technology TrnIndex Ucits Etf(LU0540980496)[SinteticaFunded:con Swap(100%)(collaterale118,61%)] mmmmm 0,45 0,51 57.909 31,10Amundi EtfMsciWorld EnergyUcits Etf (FR0010791145)[SinteticaUnfunded:basketsostitutivo (101,5%) Swap(-1,5%)] mmmmm 0,35 0,26 55.203 4,81Lyxor EtfMsciAll Country WorldEtf (FR0011079466)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,45 0,49 54.507 16,44nord americaAmundi EtfMsciUsa Ucits Etf(FR0010688275)[SinteticaUnfunded:basketsostitutivo (100,97%) Swap(-0,97%)] mmmmm 0,28 0,09 234.608 25,12iShares Nasdaq100 Ucits Etf(IE00B53SZB19)[SinteticaFunded:Nonpresente] mmmmm 0,33 0,13 226.741 33,93Ubs-EtfMsci Canada (LU0446734872)[FisicaCompleta:prestito titoli(37,72%) e collaterale(113,85%)] mmmmm 0,33 0,37 206.171 11,06SourceS&P 500Ucits Etf(IE00B3YCGJ38)[SinteticaFunded:Nonpresente] mmmmm 0,05 0,08 202.585 -Amundi EtfS&P500Hedged Daily Ucits Etf(FR0011133644)





[SinteticaUnfunded:basketsostitutivo (100,9%) Swap(-0,9%)] mmmmm 0,28 0,10 196.548 15,79iShares DowJones U.S. Select Dividend De(DE000A0D8Q49)[FisicaCompleta] mmmmm 0,31 0,23 173.211 23,29BoostNasdaq 100 3X Short Daily Etp(IE00B8VZVH32)[SinteticaFunded:Nonpresente] mmmmm 0,80 0,46 158.441 -iShares MsciUsa- B Ucits Etf(IE00B52SFT06)[SinteticaFunded:Nonpresente] mmmmm 0,33 0,09 145.356 25,13Ossiam EtfUs MinimumVariance NrEur (LU0599612685)[SinteticaFunded:Nonpresente] mmmmm 0,65 0,27 140.512 23,43dbX-Trackers Msci Canada TrnIndex Ucits Etf(LU0476289540)[SinteticaFunded:con Swap(100%)(collaterale110,58%)] mmmmm 0,35 0,30 140.459 10,98Amundi EtfNasdaq-100 Ucits Etf (FR0010892216)[SinteticaUnfunded:basketsostitutivo (100,78%)Swap(-0,78%)] mmmmm 0,23 0,14 133.953 33,72Amundi EtfNasdaq-100Hedged Daily Ucits Etf(FR0010949479)[SinteticaUnfunded:basketsostitutivo (100,8%)Swap (-0,8%)] mmmmm 0,35 0,10 121.663 23,34Lyxor Ucits EtfMsciUsa Euro (FR0010296061)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,09 110.610 25,25iShares DowJones Industrial Averagesm Ucits Etf(IE00B53L4350)[SinteticaFunded:Nonpresente] mmmmm 0,33 0,35 99.433 22,78UbsIrl EtfPlc - Msci UsaValue (IE00B78JSG98)[FisicaCompleta] mmmmm 0,20 0,31 97.923 24,10dbX-Trackers Russell MidcapIndex Ucits Etf (LU0592217953)[SinteticaFunded:con Swap(100%)(collaterale120,14%)] mmmmm 0,35 0,31 95.658 23,08Amundi EtfShort MsciUsa Daily Ucits Etf(FR0010791194)[SinteticaUnfunded:basketsostitutivo (98,87%)Swap(1,13%)] mmmmm 0,35 0,22 80.525 -22,36Lyxor EtfS&P500 CappedHealth Care (FR0011192848)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,20 0,79 79.347 39,58UbsEtfPlc - MsciUsa100% Hedged To Eur Ucits Etf(IE00BD4TYG73)[FisicaCompleta] mmmmm 0,30 0,37 78.964 -Lyxor EtfCanada S&PTsx 60-A (LU0496786731)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,40 0,46 78.278 11,77dbX-Trackers S&P 500Euro Hedged Index Ucits Etf(LU0490619193)[SinteticaUnfunded:basketsostitutivo (99,34%)Swap (0,66%)] mmmmm 0,30 0,15 68.841 15,94Lyxor EtfS&P500 CappedFinancials (FR0011192723)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,20 0,42 65.951 28,16OBBLIGAZIONARIOcdsdbX-Trackers Ii Itraxx Europe ShortDaily Ucits Etf(LU0321462102)[SinteticaUnfunded:basketsostitutivo (153,77%) Swap(-53,77%)] mmmmm 0,18 0,08 111.069 -2,73dbX-Trackers Ii Itraxx CrossoverShort Daily Ucits Etf(LU0321462870)[SinteticaUnfunded:basketsostitutivo (122,75%)Swap (-22,75%)] mmmmm 0,24 0,15 94.270 -11,29dbX-Trackers Ii Itraxx Europe SubordinatedFinancials Short Daily Ucits Etf (LU0378819881)[SinteticaUnfunded:basketsostitutivo (156,17%) Swap(-56,17%)] mmmmm 0,21 0,48 84.222 -6,82debitoalto rendimentoAmundi EtfEuro HighYield Liquid Bond Iboxx Ucits Etf(FR0011494822)[SinteticaUnfunded:basketsostitutivo (100,1%)Swap (-0,1%)] mmmmm 0,40 0,32 214.738 -PimcoShort- Term High Yield Corporate Bond Source Etf(IE00BF8HV600)[SinteticaFunded:Nonpresente] mmmmm 0,60 0,32 155.981 -Spdr BarclaysEuro HighYield Bond Ucits Etf(IE00B6YX5M31)[FisicaaCampione] mmmmm 0,40 0,32 81.087 6,09debitogovernativoLyxor EtfEuromts 5-7YInvestment Grade -Eur (FR0010411413)[FisicaCompleta] mmmmm 0,17 0,08 225.178 9,42iShares Core UK GiltUcits Etf (IE00B1FZSB30)[FisicaaCampione:prestito titoli(33,3%) e collaterale(102,5%-112%)] mmmmm 0,20 0,11 222.137 15,03iShares Core EuroGovernment Bond Ucits Etf (IE00B4WXJJ64)[FisicaaCampione] mmmmm 0,20 0,11 218.157 10,10Lyxor EtfEuromts 7-10Y Investment Grade - Eur (FR0010411439)[FisicaCompleta] mmmmm 0,17 0,07 212.254 12,52iShares EuroGovernment Bond 5-7YrUcits Etf(IE00B4WXJG34)[FisicaCompleta] mmmmm 0,20 0,08 209.724 5,97iShares UsdGovernment Bond 3-7Ucits Etf(IE00B3VWN393)[SinteticaFunded:Nonpresente] mmmmm 0,23 0,15 208.357 9,68dbX-Trackers Ii Mts Ex-BankItaly Btp Ucits Etf(LU0613540185)[SinteticaUnfunded:basketsostitutivo (146,27%) Swap(-46,27%)] mmmmm 0,20 0,10 204.556 11,63Spdr Barclays1 - 3 Year Euro GovernmentBond Ucits Etf(IE00B6YX5F63)[FisicaaCampione] mmmmm 0,15 0,10 201.087 1,56Lyxor EtfEuromts 10-15YInvestment Grade - Eur (FR0010037242)[FisicaCompleta] mmmmm 0,17 0,13 186.816 18,13Lyxor Ucits EtfBtp 10Y - Mts Italy GovernmentBond (FR0011548106)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,17 0,28 171.652 -dbX-Trackers Ii Iboxx SovereignsEurozone 10-15 Ucits Etf(LU0290357333)[SinteticaUnfunded:basketsostitutivo (100,08%)Swap (-0,08%)] mmmmm 0,15 0,13 169.587 17,60Lyxor Etf Iboxx $ Treasuries 10Y+ (FR0010961003)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,17 0,22 160.367 23,71Lyxor EtfEuromts Highest RatedMacro-Weighted Govt Bond (FR0010820258)[FisicaCompleta] mmmmm 0,17 0,08 160.225 7,93dbX-Trackers Ii Iboxx GermanyUcits Etf 1D(LU0468896575)[SinteticaUnfunded:basketsostitutivo (101,4%) Swap(-1,4%)] mmmmm 0,15 0,07 156.831 7,05Lyxor EtfEuromts Highest RatedMacro-Weighted Govt Bond 3-5Y (FR0011146349)[FisicaCompleta] mmmmm 0,17 0,07 138.354 3,21dbX-Trackers Ii Iboxx SovereignsEurozone 3-5 Ucits Etf (LU0290356954)[SinteticaUnfunded:basketsostitutivo (99,42%)Swap (0,58%)] mmmmm 0,15 0,10 118.317 4,92iShares EuroGovernment Bond 10-15Yr Ucits Etf (IE00B4WXJH41)[FisicaCompleta] mmmmm 0,20 0,13 118.227 17,75





iShares EuroGovernment Bond 1-3Ucits Etf(IE00B3VTMJ91)[SinteticaFunded:Nonpresente] mmmmm 0,23 0,17 116.719 1,23Amundi EtfGovt Bond Highest Rated EuromtsInvestment Grade Ucits EtfC (FR0010930636)[SinteticaUnfunded:basketsostitutivo (100,49%)Swap (-0,49%)] mmmmm 0,14 0,07 108.620 8,13Lyxor EtfEuromts Highest RatedMacro-Weighted Govt Bond 1-3Y (FR0011146315)[FisicaCompleta] mmmmm 0,17 0,08 104.858 0,59Amundi EtfGovt Bond Euromts Broad Investment Grade 1-3Ucits Etf(C) (FR0010754135)[SinteticaUnfunded:basketsostitutivo (100,53%) Swap(-0,53%)] mmmmm 0,14 0,05 85.712 1,59dbX-Trackers Ii Global SovereignUcits Etf-Eur (LU0378818131)[SinteticaUnfunded:basketsostitutivo (100,93%) Swap(-0,93%)] mmmmm 0,25 0,31 80.093 5,39Lyxor EtfDaily Leveraged Bund(FR0011023654)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,20 0,08 73.436 22,80iShares UsdGovernment Bond 1-3Ucits Etf(IE00B3VWN179)[SinteticaFunded:Nonpresente] mmmmm 0,23 0,17 58.219 8,36debitosocietarioIsharesEuro Ultrashort Bond Ucits Etf (IE00BCRY6557)[SinteticaFunded:Nonpresente] mmmmm 0,20 0,13 180.984 -Amundi EtfEuro Corporate Financials Iboxx Ucits Etf C (FR0011020957)[SinteticaUnfunded:basketsostitutivo (100,59%) Swap(-0,59%)] mmmmm 0,16 0,15 134.341 4,76iShares EuroCorporate Bond Ex-FinancialsUcits Etf(IE00B4L5ZG21)[SinteticaFunded:Nonpresente] mmmmm 0,20 0,15 54.961 7,51emergentedbX-Trackers Ii Emerging Markets LiquidEurobond Ucits Etf(LU0321462953)[SinteticaUnfunded:basketsostitutivo (99,66%) Swap(0,34%)] mmmmm 0,55 0,37 196.492 7,88Amundi EtfGlobalEmerging Bond Markit Iboxx Ucits Etf(C) (FR0010959668)[SinteticaUnfunded:basketsostitutivo (100,75%) Swap(-0,75%)] mmmmm 0,30 0,26 173.163 16,46iShares UsdEmerging Markets Corporate Bond Ucits Etf(IE00B6TLBW47)[SinteticaFunded:Nonpresente] mmmmm 0,50 0,65 106.071 15,17inflazionedbX-Trackers Ii - Iboxx Global Inflation-Linked Ucits Etf-Eur (LU0290357929)[SinteticaUnfunded:basketsostitutivo (103,21%)Swap (-3,21%)] mmmmm 0,25 0,26 191.778 5,76dbX-Trackers Ii Iboxx EuroInflation-Linked Ucits Etf(LU0290358224)[SinteticaUnfunded:basketsostitutivo (114,17%) Swap(-14,17%)] mmmmm 0,20 0,28 97.163 6,88iShares EuroInflation Linked GovernmentBond Ucits Etf(IE00B0M62X26)[FisicaCompleta:prestito titoli(48,89%) e collaterale(102,5%-112%)] mmmmm 0,25 0,12 92.508 4,18ALTERNATIVOvolatilitàLyxor EtfS&P500 Vix Futures Enhanced Roll C-Eur (LU0832435464)[SinteticaFunded:Nonpresente] mmmmm 0,60 1,61 194.452 -35,39Lyxor EtfDynamic Long Vix Futures Index - Eur(LU0871960976)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,75 1,17 137.152 -29,09MONETARIOdebitogovernativoAmundi EtfCash 3 Months Euromts Investment Grade Ucits Etf C (FR0010754200)[SinteticaUnfunded:basketsostitutivo (100,54%)Swap (-0,54%)] mmmmm 0,14 0,05 233.487 0,09dbX-Trackers Ii Mts Ex-BankItaly Bot Ucits Etf(LU0613540268)[SinteticaUnfunded:basketsostitutivo (109,06%) Swap(-9,06%)] mmmmm 0,15 0,03 198.495 0,47PowersharesEuromtsCash 3 MonthsFund (IE00B3BPCH51)[FisicaaCampione] mmmmm 0,15 0,09 167.350 0,25dbX-Trackers Ii Eonia Ucits Etf(LU0290358497)[SinteticaUnfunded:basketsostitutivo (99,93%) Swap(0,07%)] mmmmm 0,15 0,00 159.613 -0,02Lyxor Ucits EtfBot Mts Ex-BankItaly (FR0011360676)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,15 0,03 111.739 0,45iShares EuroGovernment Bond 0-1Yr Ucits Etf (IE00B3FH7618)[FisicaaCampione] mmmmm 0,20 0,05 82.444 0,18valutaEtfs3X Long Aud Short Eur (JE00B3QYZH88)[SinteticaUnfunded:basketsostitutivo (107%) Swap(100%)] mmmmm 0,98 0,62 160.326 -3,75dbX-Trackers - Currency Returns Ucits Etf (LU0328474472)[SinteticaFunded:con Swap(100%)(collaterale110,94%)] mmmmm 0,30 0,12 151.261 1,51Etfs3X Long Jpy Short Eur (JE00B3WDZY68)[SinteticaUnfunded:basketsostitutivo (107%) Swap(100%)] mmmmm 0,98 0,57 83.873 -23,09Etfs3X Long Gbp Short Eur (JE00B3R2DZ58)[SinteticaUnfunded:basketsostitutivo (107%) Swap(100%)] mmmmm 0,98 0,41 64.807 21,80Etfs3X Short Jpy Long Eur (JE00B44CBN95)[SinteticaUnfunded:basketsostitutivo (107%) Swap(100%)] mmmmm 0,98 0,53 58.940 18,78EtfsLong Usd Short Eur (JE00B3RNTN80)[SinteticaFunded:Nonpresente] mmmmm 0,39 0,44 55.321 -MATERIE PRIMEagricolturaEtfsDaily LeveragedCorn (JE00B2NFTG43)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 1,03 0,66 223.132 -36,26EtfsDaily LeveragedSugar (JE00B2NFTW01)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 1,03 0,67 210.404 -55,08EtfsDaily Short Wheat(JE00B24DKR51)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 1,03 0,29 95.171 36,64EtfsDaily LeveragedCotton (JE00B2NFTH59)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 1,03 0,89 91.790 -22,28EtfsDaily Short Sugar (JE00B24DKQ45)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 1,03 1,51 78.422 52,06EtfsDaily LeveragedSoybeans (JE00B2NFTV93)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 1,03 0,52 73.330 -3,30cereali





EtfsWheat(GB00B15KY765)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 0,49 0,22 232.458 -21,45EtfsCorn (GB00B15KXS04)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 0,49 0,33 202.992 -14,89EtfsDaily Hedged Corn (JE00B3ZQRP79)[SinteticaFunded:con Swap(100%)(collaterale108%)] mmmmm 0,49 0,80 89.375 -21,50EtfsDaily Hedged Soybeans(JE00B6SLJ210)[SinteticaFunded:con Swap(100%)(collaterale108%)] mmmmm 0,49 0,38 62.757 -3,78diversificatodbX-Trackers Dblci-Oy BalancedUcits Etf (LU0292106167)[SinteticaUnfunded:basketsostitutivo (112,31%) Swap(-12,31%)] mmmmm 0,55 0,38 108.198 -13,96EtfsAllCommodities Dj-Ubscism (GB00B15KY989)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 0,49 0,18 98.761 0,58energiaEtfsDaily Short Natural Gas (JE00B24DKH53)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 1,03 0,48 194.770 -24,25EtfsBrent 1Mth Securities (GB00B0CTWC01)[SinteticaFunded:con Swap(100%)] mmmmm 0,49 0,29 156.420 -15,38DbBrent CrudeBooster EuroHedged Etc (DE000A1AQGX1)[SinteticaFunded:con Swap(100%)(collaterale110%)] mmmmm 0,45 0,19 144.869 -19,91BoostWti 3X Short Daily Etp (IE00B7SX5Y86)[SinteticaFunded:Nonpresente] mmmmm 0,99 0,38 136.464 -EtfsBrent CrudeJe (JE00B78CGV99)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 0,49 0,34 61.049 -14,09metalli industrialiEtfsNickel (GB00B15KY211)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 0,49 0,28 138.306 11,91EtfsDaily LeveragedCopper (JE00B2NFTF36)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 1,03 0,44 108.256 -12,16EtfsZinc (GB00B15KY872)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 0,49 0,64 103.447 21,88EtfsCopper (GB00B15KXQ89)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 0,49 0,18 88.667 -1,47EtfsAluminium(GB00B15KXN58)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 0,49 0,52 87.315 13,74EtfsDaily LeveragedNickel (JE00B2NFTR57)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 1,03 0,65 84.320 8,57EtfsIndustrial Metals Dj-Ubscism (GB00B15KYG56)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 0,49 0,40 82.395 8,23metallipreziosiEtfsPhysical Palladium (JE00B1VS3002)[FisicaCompleta] mmmmm 0,49 0,27 188.705 8,98EtfsDaily Short Gold (JE00B24DKC09)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 1,03 0,17 153.650 19,29BoostGold 3X LeverageDaily Etp (IE00B8HGT870)[SinteticaFunded:Nonpresente] mmmmm 0,99 0,43 150.051 -EtfsGold (GB00B15KXX56)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 0,49 0,13 125.913 -6,70Lyxor Etn Gold Usd (XS0416722857)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,80 0,35 83.269 -4,76softsEtfsSugar (GB00B15KY658)[SinteticaFunded:con Swap(100%)(collaterale101%)] mmmmm 0,49 0,52 136.500 -28,54EtfsDaily Hedged Cotton (JE00B70DCH80)[SinteticaFunded:con Swap(100%)(collaterale108%)] mmmmm 0,49 0,53 82.744 -13,92




8novembre &numeri indici - il sole 24 ore...2014/11/08 · areaeuro 0,08 0,23 0,83 1,75 0,83...

Documents