Plus24-IlSole24Ore 9MARZO &numeri indici · 2013. 3. 8. · redditofisso l’hitparade...

reddito fisso

analisi titoli rncl’hit parade

Australia 3,17 4,70 3,43 4,10 4,03Gr. Bretagna 0,50 1,05 1,96 2,05 2,83Canada 0,96 0,91 1,85 1,94 2,92Danimarca 0,27 0,99 1,62 1,83 1,62Svezia 0,94 1,50 2,01 1,72 2,01Giappone 0,08 0,25 0,66 0,96 0,54Svizzera 0,02 0,09 0,62 0,61 0,62Usa 0,10 4,76 1,94 1,95 2,83Area euro 0,20 0,92 1,46 1,78 1,46

RENDIMENTI EFFETTIVI LORDIpaesi mercatomonet. obbl.governative obblig.

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

B.caIntesa 1,055 4,74 -15,13B.coDesio 1,982 6,36 1,12B.coSardegna 7,770 2,24 —Banca Carige 1,220 7,17 n,s.Buzzi Unicem 5,840 0,86 -49,57Danieli 13,370 2,62 -34,43Edison 1,194 — —Gemina 2,098 — n,s.Impregilo 14,000 1,86 n,s.Indesit Compani 5,550 4,47 -2,29Intek Group 0,369 19,62 15,86Intek Groupnew 0,373 — 17,02Italcementi 2,374 7,86 -48,44Italmobiliare 9,835 — -33,46La Fondiaria-Sai 95,250 — n,s.Milano Ass. 0,459 — 19,97Montefibre 0,174 — n,s.Pirelli &c 6,115 5,56 -28,56RCSMediagroup 0,565 — -42,93SaesGetters 6,340 10,52 -9,10Seat Pagine Gialle 1,200 — n,s.Stefanel 146,000 — n,s.TelecomItalia 0,506 10,67 -12,46TelecomItalia Media 0,270 — n,s.Unicredito 8,400 — n,s.Zucchi 0,196 — n,s.

indici& numeriImigliori1 Filippine(PHSCOMP.) 17,602 Abu Dhabi(ABUDHABI SE) 16,173 Thailandia(THAILANDSET) 16,134 Croazia(CROBEX) 15,055 Svezia(STOCKHOLM ALLSHARE) 13,33

Ipeggiori1 Cipro(CYPRUS MAINIDX) -20,392 Venezuela(IBC) -9,943 Egitto(EGX30 IDX) -7,044 Slovacchia(SAX) -6,895 Marocco(CASABLANCA25) -4,87

FONDI ITALIANIindice performance

a1 mese a1 anno a3 anni

fonte:elaborazioneUfficioStudideIlSole-24Ore

Imigliori1 Irlanda 4,632 Portogallo 4,153 Venezuela 3,794 Spagna 3,085 NuovaZelanda 1,97

Ipeggiori1 Argentina -10,352 GranBretagna -7,033 Giappone -4,944 Svizzera -2,815 Canada -2,22

AZIONARIOrendimenti in euro dal28/12/12 al07/03/13

paese rend paese rend

Generale 0,58 4,31 7,74Azionari 2,60 6,99 6,99Bilanciati 1,53 5,69 9,27Obbligazionari 0,29 4,46 8,85Monetari 0,00 1,35 3,27Flessibili 0,43 3,86 5,08

fonte:Thomson ReutersDatastream

fonte:Thomson ReutersDatastream

Fonte:elaborazioneUfficioStudideIlSole-24Ore

fonte:elaborazioneUfficioStudidelSole-24Ore

OBBLIGAZIONARIOrendimenti in euro dal28/12/12 al07/03/13

paese rend paese rend

titolo prezzo div/p% sconto%

Plus24 - Il Sole 24 Ore SABATO 9 MARZO 20131 N. 552

previsione sulle economie

Argentina 11,1 01-13 9,4 11,1 +2,5 +24,3 +1,1 0,2 — —Australia 2,2 12-12 2,8 2,7 +3,1 +13,8 +0,3 2,3 3,0 3,1Austria 2,8 12-12 2,1 2,2 +1,5 +10,7 +1,5 0,7 0,2 2,3Belgio 1,2 02-13 2,3 2,0 +1,2 +24,7 +1,9 1,0 0,2 2,8Brasile 6,6 01-13 6,5 5,6 +3,9 +23,3 — 0,8 — —Canada 0,5 01-13 2,0 2,0 +2,4 +12,9 +1,1 1,4 1,1 2,4Cile 1,6 01-13 3,6 3,0 +4,8 +10,2 +14,2 — 5,3 —Cina 2,0 01-13 3,0 3,5 +8,2 +16,2 +0,7 0,7 — —Corea 1,4 02-13 3,1 2,9 +3,7 +18,0 — 0,6 3,1 3,1Danimarca 1,3 01-13 2,1 1,9 +1,5 +52,1 +8,7 0,9 0,2 1,7Filippine 3,4 02-13 5,1 4,0 +5,7 +16,2 +1,6 1,2 — —Finlandia 2,4 12-12 1,8 2,0 +1,8 +27,4 +0,5 1,6 0,2 2,1Francia 1,2 01-13 1,8 1,8 +0,8 +7,4 +2,3 1,4 0,3 2,4Germania 1,6 02-13 1,6 2,0 +1,7 +1,5 +2,2 1,2 0,5 2,0Giappone -0,3 01-13 -0,1 1,7 +1,2 +41,4 +76,5 0,8 0,3 1,0HongK. 3,8 12-12 1,8 3,7 +4,1 +11,2 +1,0 1,2 0,5 —India 11,5 01-13 7,4 6,8 +7,4 +19,7 +19,4 0,7 7,3 —Indonesia 5,3 02-13 7,1 5,2 +6,3 +15,8 +211,2 0,9 5,5 —Irlanda 1,2 01-13 2,0 1,5 +1,9 — +0,0 8,7 0,2 4,9Italia 1,9 02-13 2,2 1,8 +0,6 +14,8 +0,2 0,7 0,3 4,4Malaysia 1,3 12-12 2,4 2,9 +5,3 +10,9 +0,3 1,3 3,3 —Messico 3,3 01-13 4,3 3,6 +4,0 — +2,0 1,1 4,7 6,3N.Zelanda 0,9 12-12 2,6 2,2 +2,9 +11,5 +0,2 1,5 3,2 3,8Norvegia 1,3 01-13 1,8 1,9 +2,8 +8,2 +4,6 1,4 1,9 2,7Olanda 3,0 02-13 1,8 2,0 +1,0 +13,7 +1,5 1,2 0,4 2,4Russia 7,3 02-13 10,2 5,6 +3,8 +1,3 +0,1 0,3 — —Singapore 3,6 01-13 2,6 3,3 +3,9 +7,8 +0,2 1,4 0,4 —Spagna 2,7 02-13 2,7 1,5 +0,3 — +0,5 2,1 0,4 4,6Sudafrica 5,7 12-12 5,7 5,6 +3,5 +17,0 +4,8 1,0 — —Svezia — 01-13 1,4 1,7 +2,6 +4,8 +5,5 1,8 1,3 2,1Svizzera -0,3 01-13 0,7 0,7 +1,6 +9,9 +3,0 1,4 0,1 1,1Taiwan 3,0 03-13 1,3 2,0 +4,1 +30,3 +2,7 1,2 1,1 —Thailandia 3,2 02-13 3,1 3,4 +4,8 +21,9 +1,9 0,9 3,1 —UK 3,3 01-13 3,3 2,8 +1,7 +10,1 +29,2 1,1 0,7 2,3Usa 1,6 01-13 2,5 2,2 +2,8 +11,0 +2,6 1,2 0,2 2,5

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 9 MARZO 2013 Plus24 - Il Sole 24 OreN. 552 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.

88IndAirLiquide(F) 93,20 18,18 89FinUnibail-Rodam(F) 176,80 18,13 90InfTechnicolor(F) 2,66 18,08 91FinBritish Land(Gb) 567,50 18,02 92PbuAegis(Gb) 238,50 18,00 93BpnDanone(F) 53,19 17,97 94FinAberdeenAsset M.(Gb) 429,90 17,95 95IndHalma(Gb) 492,60 17,77 96FinLloydsBanking(Gb) 54,47 17,75 97SalGetinge(S) 194,70 17,72 98FinGECINA(F) 86,95 17,63 99BvoCarrefour(F) 20,88 17,61 100IndKoninklijke DSM(Nl) 44,84 17,60 101BpnPPR(F) 171,70 17,57 102PbuUnitedUtilities(Gb) 737,00 17,48 103SalBiomerieuxInc(F) 74,47 17,45 104IndKonecranes(Fl) 27,93 17,33 105MatWolseley(Gb) 3107,00 17,28 106IndInvensys(Gb) 358,10 17,18 107InfSAFRAN(F) 35,08 17,14 108BvoKesko(Fl) 23,93 17,08 109MatSkanska(S) 114,80 17,00 110IndBellway(Gb) 1159,00 16,73 111BpnHeineken Holding(Nl) 48,00 16,71 112IndScania(S) 134,60 16,71 113PbuSevernTrent(Gb) 1619,00 16,68 114PbuLagardere(F) 27,34 16,65 115FinEurazeo(F) 41,77 16,62 116FinKlepierre(F) 31,48 16,43 117InfSage(Gb) 340,00 16,28 118IndAggreko(Gb) 1696,00 16,25 119BvoWhitbread(Gb) 2523,00 16,17 120IndPersimmon(Gb) 913,50 16,13 121PbuPublicise(F) 50,62 16,08 122BvoReckittBenckiser(Gb) 4429,00 16,07 123IndCapita(Gb) 823,50 16,05 124BvoBritAmer Tobacco(Gb) 3434,50 15,93 125BvoBIC(F) 89,41 15,90 126IndRandstad(Nl) 32,56 15,83 127BvoCasinoGuichard Per(F) 77,00 15,81 128TelTelenor(Nok) 123,60 15,81 129MatHolmen(S) 198,80 15,80 130IndElectrocomponents(Gb) 257,30 15,79 131IndAkzo Nobel(Nl) 48,93 15,72 132EneNeste Oil(Fl) 11,53 15,69 133SalShire.(Gb) 2065,00 15,68 134InfAtos(F) 56,89 15,67 135MatGrupoAcciona(E) 47,04 15,63 136BvoSwedishMatch(S) 211,80 15,63 137IndSKF(S) 159,10 15,62 138BvoRyanair Holdings(Irl) 5,66 15,52 139IndZodiac Aerospace(F) 86,18 15,50 140EneJohn Wood(Gb) 768,00 15,29 141FinJardineLloyd Thomp(Gb) 798,00 15,18 142SalLundbeck(Dk) 96,85 15,13

143IndSandvik(S) 105,10 15,12 144BpnCSM(Nl) 17,11 15,11 145IndWeir(Gb) 2344,00 15,01 146Fin3i(Gb) 320,40 15,01 147IndSchneiderElectric(F) 58,92 15,00 148IndBabcockInt.(Gb) 1073,00 15,00 149MatXstrata(Gb) 1162,50 14,93 150MatStoraEnso(Fl) 5,15 14,91 151FinICADE(F) 68,86 14,81 152FinClose Brothers(Gb) 1044,00 14,77 153IndJohnsonMatthey(Gb) 2300,00 14,68 154OthMondi(Gb) 844,50 14,62 155PbuPennon(Gb) 655,00 14,51 156BvoElectrolux(S) 165,10 14,50 157IndBoskalisWestmin(Nl) 32,82 14,49 158SalSmith & Nephew(Gb) 707,00 14,48 159IndSerco(Gb) 570,50 14,43 160IndTrelleborg(S) 91,70 14,41 161FinProvidentFinancial(Gb) 1465,00 14,37 162IndIMI(Gb) 1223,00 14,35 163EneAker Solutions(Nok) 113,10 14,35 164OthIG(Gb) 493,20 14,20 165IndNokian Renkaat Oyj(Fl) 34,81 14,19 166BvoWilliam Hill(Gb) 404,70 14,19 167MatSignetJewelers(Gb) 61,22 14,18 168BpnTate & Lyle(Gb) 812,50 14,10 169IndFiat(I) 4,11 14,07 170FinWereldhave(Nl) 53,75 14,07 171SalGalenicaLtd(Ch) 540,50 14,06 172PbuDailyMail AndGen.(Gb) 710,00 13,97 173MatSaintGobain(F) 30,55 13,92 174IndCargotec(Fl) 23,62 13,88 175IndBBAAviation(Gb) 255,30 13,85 176PbuTerna(I) 3,20 13,82 177PbuWPP(Gb) 1054,00 13,79 178PbuReed Elsevier(Gb) 709,00 13,70 179FinLondonStock Exchan(Gb) 1334,00 13,69 180FinPrudential(Gb) 981,50 13,68 181IndDCC(Irl) 26,93 13,68 182IndAckermans & Van H.(B) 69,77 13,60 183OthAshmore(Gb) 358,30 13,57 184FinRoyalB. Of Scotl(Gb) 323,90 13,57 185MatFomento(E) 8,94 13,52 186MatEiffage(F) 33,80 13,52 187IndRexam(Gb) 514,50 13,51 188MatTravisPerkins(Gb) 1274,00 13,49 189PbuITV(Gb) 124,20 13,44 190FinCastellum(S) 97,20 13,30 191MatUPM Kymmene(Fl) 8,96 13,26 192InfUBI SoftEntert.(F) 8,39 13,26 193MatImerys(F) 51,62 13,22 194IndSmiths(Gb) 1261,00 13,14 195PbuPearson(Gb) 1155,00 13,11 196MatAngloAmerican(Gb) 1922,00 13,11 197PbuTF1(F) 8,62 13,05 198BpnAryzta(Ch) 53,85 13,01 199FinHenderson(Gb) 158,80 13,00 200FinS EBanken(S) 67,35 12,99 201InfCap Gemini(F) 37,70 12,94 202FinMan(Gb) 100,30 12,89



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





88IndRentokil Initial(Gb) 92,55 11,27 89FinOldMutual(Gb) 202,50 11,28 90BvoTUI Travel(Gb) 317,30 11,42 91MatAurubis(D) 53,74 11,49 92EneEnagas(E) 18,34 11,49 93BvoTesco(Gb) 369,60 11,53 94PbuRedElectrica Corp.(E) 42,38 11,59 95FinNordea Bank(S) 74,85 11,62 96FinSampo(Fl) 28,31 11,65 97FinAzimutHolding(I) 12,19 11,66 98IndMitie(Gb) 286,90 11,67 99FinBefimmo(B) 50,50 11,72 100BvoKoninklijke(Nl) 11,00 11,72 101BvoGreene King(Gb) 697,00 11,74 102PbuM6Metropole Telev(F) 12,56 11,78 103FinIntesanpaolo(I) 1,24 11,79 104FinNatixis(F) 3,19 11,84 105IndAtlantia(I) 13,25 11,88 106IndMetso(Fl) 32,90 11,90 107SalSanofi(F) 72,58 11,97 108MatAntofagasta(Gb) 1093,00 12,03 109PbuSSE(Gb) 1446,00 12,09 110MatAmec(Gb) 1044,00 12,23 111PbuSNAMRete Gas(I) 3,63 12,28 112PbuUnitedBusin Media(Gb) 774,00 12,32 113FinSociete Generale(F) 29,41 12,35 114IndG4S(Gb) 290,10 12,40 115PbuCentrica(Gb) 352,10 12,42 116PbuMTG(S) 270,90 12,43 117SalGlaxoSmithKline(Gb) 1456,00 12,44 118FinStandardChartered(Gb) 1796,00 12,45 119MatKingfisher(Gb) 277,00 12,45 120IndSecuritas(S) 60,25 12,47 121MatYIT(Fl) 17,11 12,53 122FinHsbc(Gb) 731,40 12,60 123FinCofinimmo(B) 90,70 12,64 124TelElisaCorporation(Fl) 16,14 12,65 125FinSegro(Gb) 255,90 12,65 126PbuAlpiq Holding(Ch) 108,40 12,71 127PbuReed Elsevier Nv(Nl) 11,64 12,72 128PbuNational Grid(Gb) 729,50 12,74 129TelTele2(S) 103,00 12,75 130IndInchcape(Gb) 505,50 12,77 131FinSvenskaHbanken(S) 281,10 12,77 132IndBerkeleyHoldings(Gb) 1905,00 12,82 133FinInvestec(Gb) 479,40 12,83 134IndMeggitt(Gb) 454,60 12,86 135TelPortugalTelecom(P) 3,88 12,88 136FinMan(Gb) 100,30 12,89 137FinAssicGenerali(I) 12,42 12,89 138InfCap Gemini(F) 37,70 12,94 139FinS EBanken(S) 67,35 12,99 140FinHenderson(Gb) 158,80 13,00 141BpnAryzta(Ch) 53,85 13,01 142PbuTF1(F) 8,62 13,05

143PbuPearson(Gb) 1155,00 13,11 144MatAngloAmerican(Gb) 1922,00 13,11 145IndSmiths(Gb) 1261,00 13,14 146MatImerys(F) 51,62 13,22 147MatUPM Kymmene(Fl) 8,96 13,26 148InfUBI SoftEntert.(F) 8,39 13,26 149FinCastellum(S) 97,20 13,30 150PbuITV(Gb) 124,20 13,44 151MatTravisPerkins(Gb) 1274,00 13,49 152IndRexam(Gb) 514,50 13,51 153MatFomento(E) 8,94 13,52 154MatEiffage(F) 33,80 13,52 155OthAshmore(Gb) 358,30 13,57 156FinRoyalB. Of Scotl(Gb) 323,90 13,57 157IndAckermans & Van H.(B) 69,77 13,60 158FinPrudential(Gb) 981,50 13,68 159IndDCC(Irl) 26,93 13,68 160FinLondonStock Exchan(Gb) 1334,00 13,69 161PbuReed Elsevier(Gb) 709,00 13,70 162PbuWPP(Gb) 1054,00 13,79 163PbuTerna(I) 3,20 13,82 164IndBBAAviation(Gb) 255,30 13,85 165IndCargotec(Fl) 23,62 13,88 166MatSaintGobain(F) 30,55 13,92 167PbuDailyMail AndGen.(Gb) 710,00 13,97 168SalGalenicaLtd(Ch) 540,50 14,06 169IndFiat(I) 4,11 14,07 170FinWereldhave(Nl) 53,75 14,07 171BpnTate & Lyle(Gb) 812,50 14,10 172MatSignetJewelers(Gb) 61,22 14,18 173IndNokian Renkaat Oyj(Fl) 34,81 14,19 174BvoWilliam Hill(Gb) 404,70 14,19 175OthIG(Gb) 493,20 14,20 176IndIMI(Gb) 1223,00 14,35 177EneAker Solutions(Nok) 113,10 14,35 178FinProvidentFinancial(Gb) 1465,00 14,37 179IndTrelleborg(S) 91,70 14,41 180IndSerco(Gb) 570,50 14,43 181SalSmith & Nephew(Gb) 707,00 14,48 182IndBoskalisWestmin(Nl) 32,82 14,49 183BvoElectrolux(S) 165,10 14,50 184PbuPennon(Gb) 655,00 14,51 185OthMondi(Gb) 844,50 14,62 186IndJohnsonMatthey(Gb) 2300,00 14,68 187FinClose Brothers(Gb) 1044,00 14,77 188FinICADE(F) 68,86 14,81 189MatStoraEnso(Fl) 5,15 14,91 190MatXstrata(Gb) 1162,50 14,93 191IndSchneiderElectric(F) 58,92 15,00 192IndBabcockInt.(Gb) 1073,00 15,00 193IndWeir(Gb) 2344,00 15,01 194Fin3i(Gb) 320,40 15,01 195BpnCSM(Nl) 17,11 15,11 196IndSandvik(S) 105,10 15,12 197SalLundbeck(Dk) 96,85 15,13 198FinJardineLloyd Thomp(Gb) 798,00 15,18 199EneJohn Wood(Gb) 768,00 15,29 200IndZodiac Aerospace(F) 86,18 15,50 201BvoRyanair Holdings(Irl) 5,66 15,52 202IndSKF(S) 159,10 15,62



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





88IndBBA Aviation(Gb) 255,30 0,49 89FinB.Monte DeiPaschi(I) 0,21 0,49 90FinAegon(Nl) 4,58 0,49 91TelCable&W. Comm PLC(Gb) 42,08 0,50 92PbuMediaset(I) 1,70 0,50 93PbuSanomaCorporation(Fl) 7,81 0,51 94InfAtos(F) 56,89 0,51 95EneTotal(F) 38,30 0,51 96TelFrance Telecom(F) 7,42 0,51 97TelPortugalTelecom(P) 3,88 0,51 98InfCap Gemini(F) 37,70 0,52 99OthMondi(Gb) 844,50 0,52 100EneENI(I) 17,46 0,52 101TelOTE(Hellenic Tel)(Gr) 6,29 0,53 102FinEurazeo(F) 41,77 0,54 103MatVinci(F) 35,45 0,54 104IndSerco(Gb) 570,50 0,54 105OthGalp Energia(P) 11,82 0,54 106BvoSodexo(F) 70,94 0,55 107MatTravisPerkins(Gb) 1274,00 0,55 108IndVesuvius(Gb) 382,70 0,55 109OthWackerChemie(D) 68,63 0,56 110IndNational Express(Gb) 220,00 0,57 111IndGKN(Gb) 273,00 0,57 112MatWolseley(Gb) 3107,00 0,59 113FinCatlin.(Gb) 505,00 0,60 114InfUBI SoftEntert.(F) 8,39 0,60 115IndChemring(Gb) 277,00 0,60 116MatCRH(Irl) 16,72 0,60 117FinC.Valtellinese(I) 1,06 0,60 118PbuBKWEnergie(Ch) 30,45 0,61 119IndMichelin(F) 68,44 0,61 120IndBAE Systems(Gb) 355,10 0,61 121BpnMarks & Spencer(Gb) 371,30 0,61 122EneStatoil(Nok) 142,70 0,61 123IndVolvo(S) 97,00 0,62 124BvoStagecoach(Gb) 297,50 0,63 125IndMetso(Fl) 32,90 0,64 126MatKingfisher(Gb) 277,00 0,64 127EneJohn Wood(Gb) 768,00 0,65 128BpnHeineken Holding(Nl) 48,00 0,65 129IndRentokil Initial(Gb) 92,55 0,68 130FinB.Popolare(I) 1,29 0,68 131FinB.Comercial(P) 0,11 0,68 132MatBuzzi Unicem(I) 12,05 0,69 133IndPirelli Co(I) 8,89 0,69 134EneAker Solutions(Nok) 113,10 0,69 135PbuTF1(F) 8,62 0,71 136BvoMitchells AndButl(Gb) 341,90 0,71 137EneSBMOffshore NV(Nl) 10,74 0,71 138PbuCentrica(Gb) 352,10 0,72 139MatAmec(Gb) 1044,00 0,73 140SalRhoenKlinikum(D) 16,30 0,74 141TelTelefonica(E) 10,00 0,74 142IndKonecranes(Fl) 27,93 0,74

143PbuIberdrola(E) 3,79 0,75 144BvoEnterpriseInns(Gb) 105,90 0,75 145InfStmicroelectronics(Nl) 6,11 0,76 146PbuVivendi(F) 16,12 0,77 147IndAkzo Nobel(Nl) 48,93 0,77 148InfPhilips(Nl) 21,72 0,77 149FinB.Pop.Emilia Rom(I) 5,50 0,78 150BvoCompass(Gb) 800,50 0,79 151OthTomTom(Nl) 3,23 0,80 152FinAmlin(Gb) 426,70 0,81 153FinPrudential(Gb) 981,50 0,82 154IndElectrocomponents(Gb) 257,30 0,84 155BvoJeronimoMart&Filho(P) 15,27 0,84 156BpnAryzta(Ch) 53,85 0,85 157MatEramet(F) 97,84 0,85 158MatKingspan(Irl) 8,90 0,86 159IndBarratt Develop(Gb) 240,10 0,87 160MatLafarge(F) 51,64 0,88 161MatNorsk Hydro(Nok) 25,40 0,88 162IndRexam(Gb) 514,50 0,89 163FinUBI B.(I) 3,51 0,90 164IndKoninklijke DSM(Nl) 44,84 0,91 165BpnCoca Cola Hell Bott(Gr) 20,90 0,92 166IndYara Intl(Nok) 274,40 0,92 167MatHolmen(S) 198,80 0,92 168FinCreditricole(F) 7,20 0,93 169MatImerys(F) 51,62 0,93 170OthEurasian NaturRes.(Gb) 338,40 0,93 171InfEricsson(S) 78,45 0,94 172MatRockwool Int.(Dk) 709,50 0,95 173FinSociete Generale(F) 29,41 0,96 174FinB.Pop. Milano(I) 0,52 0,96 175BpnMarston's(Gb) 140,40 0,97 176InfSAFRAN(F) 35,08 1,00 177TelBT(Gb) 267,70 1,00 178MatTitanCement(Gr) 14,72 1,00 179BpnAssoc British Foods(Gb) 1852,00 1,01 180FinINGGroep(Nl) 6,16 1,01 181IndInvensys(Gb) 358,10 1,03 182IndTrelleborg(S) 91,70 1,03 183SalGalenicaLtd(Ch) 540,50 1,05 184PbuM6Metropole Telev(F) 12,56 1,07 185BvoAccor(F) 27,63 1,07 186PbuDailyMail AndGen.(Gb) 710,00 1,07 187IndBabcockInt.(Gb) 1073,00 1,07 188PbuWPP(Gb) 1054,00 1,08 189MatSignetJewelers(Gb) 61,22 1,09 190BpnTate & Lyle(Gb) 812,50 1,09 191SalLundbeck(Dk) 96,85 1,10 192BvoGreene King(Gb) 697,00 1,13 193PbuMTG(S) 270,90 1,14 194IndSKF(S) 159,10 1,15 195BvoSCA Sv Cellulosa(S) 158,10 1,16 196TelTele2(S) 103,00 1,19 197EneTechnip(F) 82,96 1,20 198BpnKerry(Irl) 42,96 1,20 199FinIntesanpaolo(I) 1,24 1,20 200IndBoskalisWestmin(Nl) 32,82 1,20 201IndSGL Carbon SE(D) 32,49 1,25 202FinNatixis(F) 3,19 1,25



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





88BpnUnilever(Gb) 2628,00 14,56 89MatRockwool Int.(Dk) 709,50 14,51 90MatSignetJewelers(Gb) 61,22 14,48 91FinIndustrivarden(S) 120,50 14,34 92BpnDiageo(Gb) 1980,00 14,16 93FinHammerson(Gb) 494,40 13,70 94PbuWPP(Gb) 1054,00 13,69 95InfTechnicolor(F) 2,66 13,67 96BpnSabmiller(Gb) 3277,00 13,54 97MatWolseley(Gb) 3107,00 13,52 98FinAegon(Nl) 4,58 13,48 99BvoMitchells AndButl(Gb) 341,90 13,25 100FinOldMutual(Gb) 202,50 13,13 101FinSchroders(Gb) 1992,00 13,08 102BvoElectrolux(S) 165,10 13,02 103BpnPernodRicard(F) 99,39 12,31 104FinDerwentLondon(Gb) 2203,00 12,20 105FinHsbc(Gb) 731,40 11,71 106PbuPublicise(F) 50,62 11,70 107BvoCarrefour(F) 20,88 11,40 108EneNeste Oil(Fl) 11,53 11,32 109BvoReckittBenckiser(Gb) 4429,00 11,32 110PbuUnitedBusin Media(Gb) 774,00 11,09 111BvoSodexo(F) 70,94 10,89 112FinSociete Generale(F) 29,41 10,71 113BvoCompass(Gb) 800,50 10,68 114SalElekta(S) 97,00 10,45 115FinEurazeo(F) 41,77 10,38 116TelCable&W. Comm PLC(Gb) 42,08 10,29 117FinCatlin.(Gb) 505,00 10,17 118FinBarclays(Gb) 307,00 9,98 119FinCastellum(S) 97,20 9,81 120IndZodiac Aerospace(F) 86,18 9,79 121IndHalma(Gb) 492,60 9,68 122MatTravisPerkins(Gb) 1274,00 9,62 123PbuMediasetEspana(E) 5,39 9,52 124IndAlfaLaval(S) 150,50 9,43 125BpnUnilever Nv(Nl) 29,71 9,33 126FinGECINA(F) 86,95 9,25 127IndBBA Aviation(Gb) 255,30 9,11 128EneAker Solutions(Nok) 113,10 9,07 129IndAkzo Nobel(Nl) 48,93 8,66 130TelTelenor(Nok) 123,60 8,53 131FinHelvetia Holding(Ch) 378,50 8,23 132IndRexam(Gb) 514,50 8,13 133FinAmlin(Gb) 426,70 8,02 134EneEnagas(E) 18,34 7,96 135IndSchneiderElectric(F) 58,92 7,92 136IndKonecranes(Fl) 27,93 7,79 137FinBNP Paribas(F) 43,10 7,74 138PbuLagardere(F) 27,34 7,69 139TelBT(Gb) 267,70 7,59 140SalBiomerieuxInc(F) 74,47 7,56 141FinInvestec(Gb) 479,40 7,45 142IndRentokil Initial(Gb) 92,55 7,35

143BvoBIC(F) 89,41 7,19 144IndSandvik(S) 105,10 7,19 145MatImerys(F) 51,62 7,18 146FinNatixis(F) 3,19 6,81 147IndCrodaInter.(Gb) 2592,00 6,73 148FinUnibail-Rodam(F) 176,80 6,65 149BvoCarnival(Gb) 35,77 6,27 150InfCap Gemini(F) 37,70 6,19 151IndMeggitt(Gb) 454,60 6,06 152IndRandstad(Nl) 32,56 6,04 153IndWeir(Gb) 2344,00 6,02 154BpnExperian(Gb) 1094,00 5,94 155FinBritish Land(Gb) 567,50 5,76 156BpnAryzta(Ch) 53,85 5,52 157FinLandSecurities(Gb) 829,50 5,39 158EneJohn Wood(Gb) 768,00 5,34 159IndSmiths(Gb) 1261,00 5,24 160BvoTesco(Gb) 369,60 4,61 161IndCapita(Gb) 823,50 4,12 162MatEiffage(F) 33,80 3,90 163IndThales(Ex Thomson)(F) 26,98 3,89 164PbuUnitedUtilities(Gb) 737,00 3,82 165BpnTate & Lyle(Gb) 812,50 3,38 166PbuVivendi(F) 16,12 3,36 167FinSCOR(F) 21,66 3,24 168MatKingspan(Irl) 8,90 3,00 169IndVolvo(S) 97,00 2,97 170IndScania(S) 134,60 2,95 171IndSerco(Gb) 570,50 2,89 172IndVesuvius(Gb) 382,70 2,59 173IndZardoya Otis(E) 10,81 2,42 174InfStmicroelectronics(Nl) 6,11 2,08 175IndValeo(F) 43,28 1,77 176FinJardineLloyd Thomp(Gb) 798,00 1,67 177FinRoyalB. Of Scotl(Gb) 323,90 1,18 178IndBoskalisWestmin(Nl) 32,82 0,75 179SalRhoenKlinikum(D) 16,30 0,67 180IndPirelli Co(I) 8,89 0,28 181MatHolmen(S) 198,80 0,22 182PbuTerna(I) 3,20 0,17 183IndAckermans & Van H.(B) 69,77 0,15 184IndAlstom(F) 33,80 0,11 185InfSage(Gb) 340,00 -0,33 186FinBankOf Ireland(Irl) 0,13 -0,34 187IndBAE Systems(Gb) 355,10 -0,69 188SalGetinge(S) 194,70 -0,89 189PbuCentrica(Gb) 352,10 -0,90 190SalSmith & Nephew(Gb) 707,00 -0,99 191FinICADE(F) 68,86 -1,02 192BvoAccor(F) 27,63 -1,07 193FinStandardChartered(Gb) 1796,00 -1,13 194PbuRedElectrica Corp.(E) 42,38 -1,31 195MatCRH(Irl) 16,72 -1,38 196BvoJeronimoMart&Filho(P) 15,27 -1,80 197PbuWoltersKluwer(Nl) 15,26 -2,02 198IndSKF(S) 159,10 -2,02 199IndKoninklijke DSM(Nl) 44,84 -2,47 200BvoKoninklijke(Nl) 11,00 -2,56 201PbuNational Grid(Gb) 729,50 -2,60 202PbuSSE(Gb) 1446,00 -2,82



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





88IndScania(S) 134,60 14,52 89BvoCarrefour(F) 20,88 14,43 90SalGetinge(S) 194,70 14,23 91BpnExperian(Gb) 1094,00 14,11 92IndPersimmon(Gb) 913,50 14,10 93PbuIndepNews & Media(Irl) 0,03 13,76 94IndKonecranes(Fl) 27,93 13,69 95InfASML Holding(Nl) 54,52 13,69 96BpnSabmiller(Gb) 3277,00 13,41 97IndTrelleborg(S) 91,70 13,37 98OthBureau Veritas(F) 98,79 13,35 99OthFresnillo(Gb) 1553,00 13,18 100BvoRyanair Holdings(Irl) 5,66 12,94 101SalShire.(Gb) 2065,00 12,81 102FinHsbc(Gb) 731,40 12,70 103IndAkzo Nobel(Nl) 48,93 12,69 104FinAberdeenAsset M.(Gb) 429,90 12,68 105MatStoraEnso(Fl) 5,15 12,60 106MatUPM Kymmene(Fl) 8,96 12,57 107IndSKF(S) 159,10 12,53 108FinSchroders(Gb) 1992,00 12,44 109OthMondi(Gb) 844,50 12,43 110MatXstrata(Gb) 1162,50 12,41 111MatSignetJewelers(Gb) 61,22 12,19 112BvoCasinoGuichard Per(F) 77,00 12,19 113BpnIntercontinHotels(Gb) 1914,00 12,16 114BvoInditex(E) 102,65 12,01 115BvoLVMH(F) 131,90 12,01 116FinBarclays(Gb) 307,00 11,66 117IndZodiac Aerospace(F) 86,18 11,51 118FinMapfre(E) 2,49 11,50 119BvoHennes& Mauritz(S) 232,10 11,42 120FinStandardChartered(Gb) 1796,00 11,40 121BvoHermes Internation(F) 255,20 11,35 122PbuJohnstonPress(Gb) 12,75 11,27 123PbuMediasetEspana(E) 5,39 11,10 124FinCatlin.(Gb) 505,00 11,07 125IndKone(Fl) 62,00 11,07 126SalQiagen(Nl) 16,28 11,07 127BpnPernodRicard(F) 99,39 11,03 128IndAlstom(F) 33,80 10,92 129InfDassaultSystemes(F) 86,94 10,91 130BpnKerry(Irl) 42,96 10,85 131BpnPPR(F) 171,70 10,81 132IndAssaloy(S) 256,50 10,78 133MatRockwool Int.(Dk) 709,50 10,67 134PbuAlpiq Holding(Ch) 108,40 10,53 135PbuLagardere(F) 27,34 10,53 136IndIntertek(Gb) 3339,00 10,52 137IndSandvik(S) 105,10 10,50 138IndRentokil Initial(Gb) 92,55 10,41 139FinSCOR(F) 21,66 9,91 140IndSecuritas(S) 60,25 9,91 141PbuJC Decaux(F) 20,80 9,83 142FinS EBanken(S) 67,35 9,82

143IndThales(Ex Thomson)(F) 26,98 9,74 144IndBoskalisWestmin(Nl) 32,82 9,45 145BpnOrkla(Nok) 46,99 9,29 146BvoBurberry(Gb) 1376,00 9,28 147BvoAccor(F) 27,63 9,26 148IndNokian Renkaat Oyj(Fl) 34,81 9,19 149IndAlfaLaval(S) 150,50 9,07 150FinOldMutual(Gb) 202,50 9,06 151BpnAryzta(Ch) 53,85 8,93 152IndAckermans & Van H.(B) 69,77 8,84 153PbuPublicise(F) 50,62 8,72 154IndAirLiquide(F) 93,20 8,60 155MatWolseley(Gb) 3107,00 8,45 156IndRandstad(Nl) 32,56 8,28 157OthEutelsat Comm.(F) 27,59 8,06 158BvoWhitbread(Gb) 2523,00 8,03 159FinNordea Bank(S) 74,85 8,00 160BpnUnilever Nv(Nl) 29,71 7,96 161IndValeo(F) 43,28 7,87 162IndG4S(Gb) 290,10 7,65 163IndRexam(Gb) 514,50 7,62 164EneDragonOil(Irl) 616,50 7,56 165FinPrudential(Gb) 981,50 7,52 166PbuRedElectrica Corp.(E) 42,38 7,42 167FinDnBNOR(Nok) 85,50 7,42 168IndElectrocomponents(Gb) 257,30 7,39 169MatTravisPerkins(Gb) 1274,00 7,35 170BpnUnilever(Gb) 2628,00 7,35 171PbuITV(Gb) 124,20 7,32 172FinUnibail-Rodam(F) 176,80 7,31 173IndBBAAviation(Gb) 255,30 7,26 174IndCargotec(Fl) 23,62 7,24 175FinProvidentFinancial(Gb) 1465,00 7,11 176IndSchneiderElectric(F) 58,92 7,07 177IndGKN(Gb) 273,00 7,06 178MatAmec(Gb) 1044,00 7,03 179FinCNP Assurances(F) 11,40 6,96 180MatKingfisher(Gb) 277,00 6,88 181BvoSodexo(F) 70,94 6,78 182BvoBritAmer Tobacco(Gb) 3434,50 6,74 183SalSmith & Nephew(Gb) 707,00 6,68 184OthIG(Gb) 493,20 6,59 185BvoCompass(Gb) 800,50 6,41 186BpnDiageo(Gb) 1980,00 6,40 187BpnAssoc British Foods(Gb) 1852,00 6,35 188IndInchcape(Gb) 505,50 6,35 189IndMitie(Gb) 286,90 6,24 190BvoL'Oreal(F) 114,55 6,23 191FinJardineLloyd Thomp(Gb) 798,00 6,17 192PbuReed Elsevier Nv(Nl) 11,64 6,13 193PbuWPP(Gb) 1054,00 6,11 194BpnDanone(F) 53,19 5,96 195FinMan(Gb) 100,30 5,90 196TelFrance Telecom(F) 7,42 5,88 197MatAurubis(D) 53,74 5,77 198SalBiomerieuxInc(F) 74,47 5,75 199BvoMitchells AndButl(Gb) 341,90 5,67 200BvoTUI Travel(Gb) 317,30 5,65 201IndDCC(Irl) 26,93 5,54 202FinLandSecurities(Gb) 829,50 5,51


la classifica di piazza affarititolo codice ten capital beta

isin mlnÁ prosptitolo codice ten capital beta

isin mlnÁ prosp

1 Eni IT0003132476 u 65665 0,862 Enel IT0003128367 u 26139 0,993 UniCredit 22494

Risparmion.c. IT0004781420 ¬ 20 1,14Ordinarie IT0004781412 u 22474 n.s.

4 Intesa Sanpaolo 20474Ordinarie IT0000072618 u 19488 1,83Risparmion.c. IT0000072626 u 986 1,74

5 Generali IT0000062072 u 19282 1,216 Luxottica IT0001479374 v 17392 0,427 Snam IT0003153415 u 12144 0,588 Fiat Industrial IT0004644743 u 11226 —9 TelecomItalia 10658

Ordinarie IT0003497168 u 7656 0,84Risparmion.c. IT0003497176 u 3003 —

10 Saipem 9340Ordinarie IT0000068525 ¬ 9338 1,10Risparmio IT0000068533 ¬ 3 —

11 Atlantia IT0003506190 u 8332 —12 EnelGreen Power IT0004618465 u 7048 —13 TERNA IT0003242622 ¬ 6401 —14 Exor 5368

Privilegiate IT0001353157 ¬ 1656 0,98Risparmio IT0004436447 v 200 —Ordinarie IT0001353140 ¬ 3511 —

15 Fiat IT0001976403 u 5222 1,3216 Pirelli& C. 4156

Ordinarie IT0004623051 u 4081 1,05Risparmion.c. IT0004623333 ¬ 75 0,91

17 Mediobanca IT0000062957 u 3912 1,3218 SalvatoreFerragamo IT0004712375 v 3714 —19 Prysmian IT0004176001 v 3628 —20 Tod's IT0003007728 v 3473 0,7821 Campari IT0003849244 v 3435 0,4322 ParmalatS.p.a. IT0003826473 v 3258 —23 UBIBanca IT0003487029 u 3143 1,4824 Mediolanum IT0001279501 u 3123 1,4725 Lottomatica IT0003990402 u 3095 —26 Autogrill IT0001137345 v 2458 0,6527 MontePaschi IT0001334587 u 2417 1,7028 BuzziUnicem 2173

Ordinarie IT0001347308 v 1936 1,19Risparmion.c. IT0001369427 v 237 1,06

29 Finmeccanica IT0003856405 u 2154 1,2830 BancoPopolare IT0004231566 u 2055 1,5931 Gemina 2021

Ordinarie IT0001480323 ¬ 2014 0,65Risparmion.c. IT0001480349 ¬ 8 0,59

32 AzimutHolding IT0003261697 ¬ 1905 —33 De'Longhi IT0003115950 ¬ 1881 0,8534 B.caPop. Emilia Rom. IT0000066123 u 1855 1,2235 Mediaset IT0001063210 u 1780 1,3836 Hera IT0001250932 u 1709 0,6537 Sias IT0003201198 u 1659 0,8238 Impregilo 1631

Ordinarie IT0003865570 ¬ 1608 0,88Risparmion.c. IT0003865588 ¬ 23 —

39 Diasorin IT0003492391 ¬ 1627 —40 B.caPop. Milano IT0000064482 ¬ 1625 1,6941 Recordati IT0003828271 ¬ 1592 0,4442 Banca Generali IT0001031084 u 1580 —43 Fondiaria-Sai 1483

Ordinarie IT0004827447 ¬ 1090 1,46

Risparmion.c. IT0004827454 ¬ 121 1,30Risparmio IT0004827488 ¬ 272 —

44 B.caPop. Sondrio IT0000784196 u 1404 0,8845 Danieli 1372


46 B.caCarige 1295Risparmio IT0003308878 u 3 0,50Ordinarie IT0003211601 u 1292 1,15

47 A2A IT0001233417 u 1262 1,0848 Unipol 1232

Ordinarie IT0004810054 ¬ 787 1,03Privilegiate IT0004810062 ¬ 445 1,24

49 Cr.Emiliano IT0003121677 u 1208 1,2850 BrunelloCucinelli IT0004764699 ¬ 1173 —51 AnsaldoSts IT0003977540 ¬ 1094 —52 Italcementi 1065


53 Erg IT0001157020 ¬ 1063 0,7354 Acea IT0001207098 u 951 0,8855 Amplifon IT0004056880 ¬ 931 0,6856 BeniStabili IT0001389631 ¬ 918 1,2557 Sorin IT0003544431 ¬ 903 —58 YOOXS.P.A. IT0003540470 v 864 —59 Saras IT0000433307 u 841 —60 AutoTo-Mi IT0000084027 v 823 0,8261 Piaggio IT0003073266 u 767 —62 Brembo IT0001050910 ¬ 749 1,0563 RCS Mediagroup 747


64 C.Ass.Milano 745Ordinarie IT0000062221 u 699 1,60Risparmion.c. IT0000062205 ¬ 46 1,39

65 Cr.Bergamasco IT0000064359 u 733 0,3766 CattolicaAss IT0000784154 u 675 0,8367 InterpumpGr. IT0001078911 v 656 0,9168 IndesitCompany 638


69 Camfin IT0000070810 ¬ 635 1,3570 Ima IT0001049623 v 632 0,2571 EI TOWERS IT0003043418 ¬ 622 —72 Iren IT0003027817 u 614 1,3773 Geox IT0003697080 u 596 —74 Marr IT0003428445 v 595 —75 Cir IT0000080447 u 592 0,9176 SafiloGroup IT0004604762 ¬ 574 —77 Astaldi IT0003261069 ¬ 522 1,0178 SAVE IT0001490736 v 510 —79 Italmobiliare 491


80 Cr.Valtellinese IT0000064516 u 456 1,1781 ZignagoVetro IT0004171440 ¬ 415 —82 Dea Capital IT0001431805 u 399 0,5383 Sol IT0001206769 ¬ 395 0,2484 Datalogic IT0004053440 u 385 0,3385 EngineeringI.I. IT0003029441 v 378 0,2086 B.caIfis IT0003188064 ¬ 370 —87 TreviFin. IT0001351383 v 369 1,3588 Vittoria Ass. IT0000062882 ¬ 366 0,55


la classifica di piazza affarititolo codice ten capital beta

isin mlnÁ prosptitolo codice ten capital beta

isin mlnÁ prosp

89 Cementir IT0003126783 ¬ 319 0,7990 Nice IT0003317945 ¬ 312 —91 Gr.L'Espresso IT0001398541 u 310 1,1092 Acegas-Aps IT0003066146 u 304 0,6293 B.caIntermobil. IT0000074077 u 290 0,3494 IGD IT0003745889 u 280 —95 Cofide IT0000070786 u 269 0,7896 Ascopiave IT0004093263 ¬ 269 —97 FalckRen. IT0003198790 u 264 0,9498 B.coDesio 254


99 Sogefi IT0000076536 ¬ 250 0,94100 Reply IT0001499679 v 250 0,33101 Mondadori IT0001469383 u 249 0,87102 Juventus IT0000336518 ¬ 218 0,48103 Tamburi Inv. Partners IT0003153621 v 213 —104 Bon.Ferraresi IT0000074135 ¬ 211 0,13105 CairoComm. IT0004329733 ¬ 209 0,68106 Gasplus IT0004098510 u 199 —107 TelecomItalia Media 189

Ordinarie IT0004600364 ¬ 189 0,74Risparmion.c. IT0004600372 ¬ 0,38

108 Immsi IT0001413837 ¬ 184 0,78109 Esprinet IT0003850929 ¬ 182 1,35110 FieraMilano IT0003365613 ¬ 176 0,60111 AlerionCleanp. IT0004720733 ¬ 171 0,40112 LandiRenzo IT0004210289 ¬ 169 —113 B.caProfilo IT0001073045 u 169 0,68114 SaesGetters 150

Ordinarie IT0001029492 ¬ 103 1,00Risparmion.c. IT0001037081 v 47 0,78

115 VianiniLav. IT0003127864 ¬ 150 0,42116 Caltagirone IT0003127930 u 146 0,54117 PoltronaFrau IT0004114846 u 134 —118 Edison IT0003372205 v 132 0,30118 KmeGroup 129

Ordinarie IT0004552359 ¬ 111 0,63Risparmion.c. IT0004552367 ¬ 16 0,52Risparmio IT0004867930 ¬ 2 —

119 Risanamento IT0001402269 ¬ 123 1,14120 MutuiOnline IT0004195308 u 120 —121 Mittel IT0001447348 ¬ 119 0,50122 DeLclima IT0004772502 ¬ 115 —123 Cembre IT0001128047 u 112 0,42124 B.caPop. Etruria Lazio IT0000060878 u 110 0,98125 Sabaf IT0001042610 v 110 0,51126 MaireTecnimont IT0004251689 u 109 —127 CaltagironeEdit. IT0001472171 ¬ 104 0,57128 Servizi Italia IT0003814537 ¬ 98 —129 B.caFinnat IT0000088853 u 98 0,56130 Acotel IT0001469953 u 97 0,61131 BasicNet IT0001033700 ¬ 97 0,31132 Snai IT0000074903 v 95 0,69133 Carraro IT0001046553 u 93 1,31134 MolecularMedicine IT0001080248 ¬ 91 —135 Emak IT0001237053 u 89 0,27136 TerniEnergia S.P.A. IT0004359037 ¬ 87 —137 Pininfarina IT0003056386 u 87 1,00138 PrimaIndustrie IT0003124663 ¬ 85 0,59139 SAT IT0000214293 u 83 —140 Damiani IT0004249329 ¬ 82 —141 M&C IT0003955009 u 82 —

142 Retelit IT0004370463 ¬ 81 0,61143 FNM IT0000060886 u 79 0,60144 Piquadro IT0004240443 u 79 —145 El.En. IT0001481867 u 76 0,72146 Premafin IT0001475109 ¬ 74 0,97147 Tiscali IT0004513666 u 74 1,09148 Brioschi SviluppoImm. IT0000066180 u 74 1,02149 Biesse IT0003097257 ¬ 73 1,33150 Beghelli IT0001223277 u 72 0,81151 Elica IT0003404214 ¬ 72 —152 RomaA.S. IT0001008876 ¬ 68 0,40153 Autos. Merid. IT0000084043 ¬ 68 0,36154 Aeffe IT0001384590 u 68 —155 Prelios IT0003270615 u 66 1,56156 Ciccolella IT0000080421 ¬ 65 0,63157 Bolzoni IT0004027279 ¬ 64 —158 Meridiana fly IT0004783467 ¬ 64 —159 Tesmec IT0004585243 v 61 —160 Ratti IT0004724107 ¬ 60 0,32161 B.caPop. Spoleto IT0001007209 u 60 0,52162 PanariaGroup IT0001467577 ¬ 57 —163 La Doria IT0001055521 v 53 0,27164 Aedes IT0000074028 u 53 1,16165 Dada IT0001455473 u 51 0,92166 B.coSardegna IT0001005070 ¬ 51 0,43167 Txte-solutions IT0001454435 v 49 0,48168 Acsm-Agam IT0001382024 u 48 0,77169 Reno De Medici IT0001178299 u 48 0,50170 Premuda IT0003676282 u 45 0,55171 Pol.S.Faustino IT0001352217 ¬ 42 0,40172 K.R.Energy IT0004841315 ¬ 42 1,00173 B&C Speakers IT0001268561 v 41 —174 Borgosesia 41

Ordinarie IT0003217335 ¬ 40 0,21Risparmion.c. IT0003217368 ¬ 1 —

175 Eurotech IT0003895668 u 40 —176 Irce IT0001077780 ¬ 40 0,39177 Valsoia IT0001018362 ¬ 40 —178 Monrif IT0000066016 ¬ 40 0,34179 CAD IT IT0001489720 u 38 0,62180 Isagro IT0001069902 u 38 —181 CSPInternational IT0001127874 ¬ 36 0,51182 Exprivia IT0001477402 u 36 0,92183 CobraAutomotiveTec. IT0001142022 u 33 —184 Industria e Innovazione IT0004179088 u 33 —185 PoligraficiEditoriale IT0000086923 u 32 0,32186 Vianini Ind. IT0003127898 ¬ 31 0,23187 Stefanel 31

Ordinarie IT0004607518 u 31 0,88Risparmio IT0004607526 ¬ —

188 SeatPagine Gialle 31Risparmio IT0004458151 v —Ordinarie IT0004458094 ¬ 31 —

189 ConafiPrestitò IT0004105653 ¬ 30 —190 S.S. Lazio IT0003621783 u 29 0,55191 Kinexia IT0004441603 ¬ 27 0,53192 AcquePotabili IT0004269327 ¬ 27 0,98193 SadiServizi Industr IT0001042297 u 25 0,65194 IlSole24 Ore IT0004269723 u 24 —195 Ergy IT0004370448 ¬ 24 —196 ClassEditori IT0001276408 u 23 0,87197 Noemalife IT0004014533 v 22 —198 Mediacontech IT0001210902 u 22 0,60


la classifica di piazza affari

199 Fullsix IT0001487047 u 22 0,27200 MidIndustry Capital IT0004166762 ¬ 21 —201 RCF Group IT0004223571 ¬ 21 —202 CIA IT0003389522 u 21 0,40203 BiancamanoS.p.a. IT0004095888 u 20 —204 Tas IT0001424644 u 20 0,52205 Bialetti Industrie IT0004222102 ¬ 19 —206 Caleffi IT0003025019 v 18 —207 MondoTV IT0001447785 ¬ 18 0,99208 SSBT IT0003745129 u 18 —209 Grandi Viaggi IT0001244026 ¬ 17 0,23210 DigitalBros IT0001469995 u 16 0,50211 CentraleLatte To IT0003023980 u 16 0,40212 Ricchetti IT0003690283 u 16 0,56213 Gabetti IT0000062650 u 15 1,22214 Bastogi IT0004412497 ¬ 15 0,65215 Zucchi 14

Ordinarie IT0000080553 u 14 1,19Risparmion.c. IT0000080561 u 0,81

216 EEMS IT0001498234 u 14 —217 Fidia IT0001498481 ¬ 13 0,69218 BeeTeam IT0001479523 u 13 1,19219 Chl IT0001446613 u 12 0,79220 Pierrel IT0004007560 ¬ 12 —221 ROSSS IT0004297575 u 12 —222 Montefibre 12

Ordinarie IT0003111462 ¬ 12 0,82Risparmion.c. IT0003111520 u 0,25

223 AiònRenew. IT0003926661 ¬ 11 —224 ItWay IT0003057624 ¬ 10 0,51225 EuKedos IT0004818297 ¬ 10 —

226 BestUnion Company IT0004273915 v 10 —227 Olidata IT0001350625 u 9 0,77228 Arena IT0001347175 u 8 1,10229 Bioera IT0004711203 ¬ 7 —230 DmailGroup IT0004819030 ¬ 7 1,13231 AntichiPellettieri IT0004016504 u 6 —232 Cdc IT0001477337 ¬ 6 0,47233 MovieMax IT0003765267 u 6 —234 Investimentie Sviluppo IT0004748346 ¬ 6 1,14235 Sintesi IT0004659428 ¬ 5 0,53236 Crespi IT0001054904 u 5 0,65237 Meridie IT0004283807 u 4 —238 CapeListed IT0004222458 u 3 —239 Le BuoneSocietà IT0001339321 ¬ 1 neg.240 Sopaf IT0003836720 ¬ 0 1,16241 Gefran IT0003203947 u 0 0,73242 RDB IT0000795549 ¬ 0 —243 Aicon IT0004167760 ¬ 0 —244 Aeroporto Firenze IT0000346798 u 0 0,14245 Pramac IT0001493581 u 0 —246 NOVA RE IT0001162509 ¬ 0 —247 BoeroB. IT0000066966 u 0 —248 CogemeSet IT0004092216 ¬ 0 —249 UniLand Spa IT0004375389 ¬ 0 —250 EnervitS.p.a. IT0004356751 u 0 —251 RichardGinori IT0004746639 ¬ 0 —

TOTALE 362074

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 Exxon Mobil(USA) 305571,92 5,98 2,692 Apple(USA) 298761,03 251,99 5,193 Google(USA) 210495,59 92,14 4,684 Royal B.Scot.(GB) 204103,42 -89,18 0,495 Berkshire Hatw(USA) 193918,68 14,16 1,556 Wal Mart Stores(USA) 187143,08 46,82 3,437 General Electric(USA) 186258,53 -27,97 2,108 Microsoft(USA) 179231,30 1,89 4,209 IBM(USA) 177011,12 85,19 12,29

10 Chevron Corp(USA) 175904,87 34,93 1,9011 Nestle(CH) 173416,80 34,59 3,7312 Joh.&Johnson(USA) 164977,37 23,57 3,5813 Royal Dutch P.(NL) 164682,00 17,74 1,2614 Procter & Gamble(USA) 161004,99 16,07 3,3715 Roche(CH) 153001,38 9,94 15,7616 Pfizer(USA) 152987,34 30,25 2,4317 Hsbc Holdings(GB) 152597,18 6,76 1,3018 AT&T Inc(USA) 151342,54 3,63 2,0319 Jp Morgan Chase(USA) 145745,30 33,88 1,0720 Wells Fargo(USA) 145650,94 29,54 1,4721 Novartis(CH) 143218,44 32,21 2,5822 Bhp Billiton(GB) 138487,97 23,66 3,0023 Toyota Motor(JP) 136674,83 -12,34 1,4624 Coca Cola(USA) 133893,36 32,05 5,6825 Oracle(USA) 128736,48 86,48 4,0226 Anheuser-Busch(B) 116476,00 94,22 3,9527 Philip Morris Inc(USA) 115793,63 — 132,5728 Verizon Comm.(USA) 102412,73 44,07 3,6929 Citigroup(USA) 102352,90 -78,94 0,7430 Vodafone Group(GB) 101894,72 15,02 1,1431 Merck & Co(USA) 101489,07 3,04 2,5732 BP(GB) 99661,73 -15,90 1,1833 Sanofi(F) 98414,60 55,46 1,7534 Bank of America(USA) 97747,60 -67,36 0,5935 Vodafone Group(USA) 96441,12 -13,47 1,1036 Amazon.com(USA) 94615,27 336,39 16,3337 Total SA(F) 92448,30 -19,90 1,3038 Unilever(NL) 92391,20 51,51 6,1139 Unilever(GB) 92124,36 69,85 6,0840 Pepsico(USA) 90543,15 9,53 5,8741 Cisco Systems(USA) 86823,94 -9,29 2,5242 QUALCOMM(USA) 86144,23 64,90 4,1843 GlaxoSmithKline(GB) 83608,98 40,96 9,5244 Intel(USA) 81607,21 9,46 2,5345 Comcast(USA) 80866,90 107,25 2,3346 Home Depot(USA) 80637,51 173,60 6,0847 BAT(GB) 78572,30 91,25 8,2448 Schlumberger(USA) 78327,58 -11,98 3,2249 Sap(D) 77911,70 101,14 5,9050 Disney(USA) 77122,36 80,35 2,7551 Rio Tinto(GB) 76289,68 -29,77 1,8852 Volkswagen(D) 75531,30 81,73 1,3553 Siemens AG(D) 74048,40 -1,41 2,2854 McDonald's(USA) 73901,34 82,52 6,9655 L'Oreal(F) 69919,00 50,57 4,0456 Lvmh(F) 68154,60 100,25 3,0357 R. Bk Of Canada(CAN) 68046,39 38,28 2,5358 Basf(D) 67489,80 74,23 2,8759 Inditex(E) 66135,30 220,25 8,9260 Eni(I) 64870,20 -22,53 1,18

61 Bayer(D) 64692,10 64,69 3,3762 Richemont(CH) 64205,02 141,62 4,0463 United Tech.(USA) 62711,93 32,31 3,7364 Sabmiller(GB) 62614,99 226,18 3,4265 Mitsubishi Fin Gr(JP) 62165,31 -40,56 0,7966 U.P.S.(USA) 60977,22 17,20 11,1467 B. Santander(E) 60934,60 -43,48 0,6968 Toronto Dom.Bk(CAN) 58391,56 37,44 1,9169 Diageo(GB) 58061,78 96,85 9,4970 3 M(USA) 54779,75 34,27 4,7671 Goldman Sachs(USA) 54761,87 -2,85 1,1972 Conoco Phillips(USA) 54291,06 -5,06 1,5673 American Express(USA) 53736,63 56,58 4,0374 B Nova Scotia(CAN) 53605,53 38,53 2,4775 News(USA) 53514,08 61,37 2,6676 eBay(USA) 53494,90 105,01 3,9077 Bnp Paribas SA(F) 53442,10 -23,55 0,7578 Amgen(USA) 53145,84 110,83 4,2879 Honda Motor(JP) 52700,16 13,62 1,4680 Altria Gr.(USA) 52148,29 49,61 16,9781 Ntt DoMo(JP) 51871,32 -8,93 1,2082 Gilead Sciences(USA) 51669,43 89,92 10,1783 Facebook(USA) 50233,45 — 13,2984 Occidental P.(USA) 50107,79 8,52 1,7385 Union Pacific(USA) 49767,17 129,71 3,6386 Allianz(D) 49698,50 -3,39 1,1087 Daimler(D) 49656,20 -14,30 1,2488 Standard Ch.(GB) 49606,09 28,25 1,6689 CVS/Caremark(USA) 48917,76 33,21 1,8190 Us Bancorp(USA) 48902,57 8,49 2,0591 Telefonica(E) 48309,10 -42,34 2,1792 Hennes & Mauritz(S) 47387,78 44,30 8,8793 Eli Lilly & Co.(USA) 47261,91 10,87 4,1194 Nippon T&T(JP) 47237,64 -6,85 0,7095 Bristol-Myers(USA) 46635,75 73,45 3,9196 Ubs(CH) 46151,29 -45,86 1,0597 Bmw(D) 45824,50 104,81 1,7698 Bg Group PLC(GB) 45759,14 -2,64 2,0999 Boeing(USA) 44958,96 -0,54 16,65

100 Barclays(GB) 44953,96 -27,34 0,67101 Caterpillar(USA) 44817,03 26,70 4,38102 Sumitomo(JP) 44678,82 -47,26 1,00103 AstraZeneca(GB) 43773,48 64,58 2,73104 American Intl(USA) 43342,85 -94,65 0,70105 Honeywell Intl(USA) 42260,07 23,99 5,15106 Unitedhealth(USA) 42010,97 17,03 2,04107 Lloyds PLC(GB) 41567,10 -75,14 0,75108 Colgate(USA) 41076,49 52,38 22,17109 Abbott Lab.(USA) 40865,44 37,50 4,57110 Abb(CH) 40739,86 -18,30 3,38111 Mizuho Fin.(JP) 40572,21 -50,48 1,09112 Xstrata(GB) 40364,65 -48,37 1,21113 Banco Boilbao(E) 40272,40 -40,18 0,93114 Time Warner(USA) 39772,46 79,95 1,89115 Kraft Foods(USA) 38908,09 41,62 1,38116 Ford Motor CS(USA) 38425,93 117,00 4,23117 Emc(USA) 38417,80 61,35 2,74118 Simon Property(USA) 38238,74 101,29 10,07119 Nike(USA) 37891,29 85,63 5,09120 Duke Energy(USA) 37776,14 34,96 1,38

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

areaeuro3Caixabank ES0340609140 BBB 01-16 100,378 3,103Snam XS0853682069 BBB 02-20 102,431 3,102Rabobank XS0413937342 AA 02-29 128,140 3,092ReteElettrica XS0605214336 BBB 03-21 111,673 3,083Atlantia XS0744125302 BBB 02-19 107,543 3,083IpicGmtn XS0860584308 AA 05-23 104,688 3,081GoldmnSachs XS0882849507 A 02-23 101,403 3,083Casino FR0011400571 BBB 01-23 102,104 3,063Kpn XS0811124790 BBB 02-21 101,306 3,063Edenred FR0011244367 BBB 05-22 105,699 3,033EvrythgEvry Fin XS0811603090 BBB 08-18 101,050 3,033BbvaFinance XS0829721967 BBB 09-15 103,203 3,033UnioneDi Banche XS0850025627 BBB 10-15 101,772 3,032BarryClbaut Ser BE0933072291 BBB 07-17 111,960 3,013FerrovialEmis XS0879082914 BBB 01-18 101,639 3,003SaintGobn XS0760364116 BBB 03-22 104,909 2,991Eu EU000A1GY6W8 AAA 04-42 114,664 2,983Omv XS0834371469 A 09-27 106,153 2,973MondiFin XS0834719303 BBB 09-20 102,694 2,972Edf FR0010961540 A 11-25 110,852 2,953HitFinance XS0602534637 BBB 03-18 112,845 2,943EsbFinance XS0856023493 BBB 11-19 108,567 2,941Strabg AT0000A0PHV9 BBB 05-18 108,675 2,921Tele Fin XS0767278301 BBB 04-22 108,549 2,913Snam XS0806449814 BBB 01-19 111,044 2,912Autorts SudFra FR0010807503 BBB 09-24 127,527 2,904NlWaterschapsbk XS0614464609 AAA 04-31 64,585 2,903EvrythgEvry Fin XS0742446700 BBB 02-17 102,165 2,902Wal-Mart XS0453133950 AA 09-29 125,764 2,892ErsteGroup AT000B002886 A 04-19 113,960 2,883SaintGobn XS0791007734 BBB 06-21 105,377 2,883Vivendi FR0011076462 BBB 07-21 113,767 2,863Anglo AmericaCa XS0764637194 BBB 03-22 105,012 2,863Rentokil Initial XS0832466931 BBB 09-19 102,985 2,861EnbwIntFin XS0207320242 A 01-25 120,083 2,853GasNaturalCap XS0741942576 BBB 02-18 109,745 2,851EuropeanFin Sta EU000A1G0AT6 AA 04-37 109,087 2,842GroupementChu FR0010757252 BBB 05-19 108,589 2,842Postnl NL0006133175 BBB 11-17 110,934 2,843Bouygues FR0011332196 BBB 01-23 106,667 2,833Eutelsat FR0011339746 BBB 10-22 102,549 2,811Eib XS0752034206 AAA 03-42 116,245 2,801DeutscheTel Int XS0847580353 BBB 10-24 99,475 2,803Pgnig XS0746259323 BBB 02-17 104,439 2,793Teliasonera XS0826189028 A 09-27 102,352 2,792Edf FR0010800540 A 09-24 117,999 2,773Casino FR0011052661 BBB 05-21 114,107 2,773TlefonicaEmisns XS0828012863 BBB 09-17 112,626 2,772Chu FR0010889253 A 04-20 105,520 2,761EuropeanUnion EU000A1A2KZ4 AAA 10-25 101,230 2,751Eib XS0219724878 AAA 10-37 122,304 2,743Mediobanca XS0842193046 BBB 10-15 102,473 2,741Eu EU000A1G30R0 AAA 04-38 111,485 2,732Accor FR0010784066 BBB 11-17 114,271 2,723SocieteGenerale XS0802756683 A 07-22 112,445 2,723IntesaSanpaolo XS0802960533 BBB 07-15 104,783 2,723CeskeDrahy XS0807706006 BBB 07-19 108,100 2,723Heineken Nv XS0811555183 BBB 08-25 101,593 2,723Bhp BillFin XS0834385923 A 09-27 106,219 2,72

3Bpce Sa FR0011390921 A 01-24 101,455 2,712ReteElettrica XS0436320278 BBB 10-19 112,801 2,712Credit Agri Lon XS0526711832 A 07-20 108,500 2,713RedElectric Fin XS0591586788 BBB 02-18 109,272 2,711EuropeanFin Sta EU000A1G0AJ7 AA 03-32 117,197 2,703Gecina FR0011233337 BBB 04-19 111,324 2,703Autorts SudFra FR0011394907 BBB 01-23 101,574 2,692E.OnInter Fin XS0347908096 A 02-23 124,439 2,693Tdc XS0752467497 BBB 03-22 108,318 2,693PetrobasGlb Fin XS0835886598 BBB 04-19 103,070 2,691Bnp Paribas XS0847433561 A 10-22 101,482 2,693Bouygues FR0011193515 BBB 02-22 114,257 2,681CieFin. Foncier FR0011178938 A 02-18 107,227 2,673Snam XS0829183614 BBB 03-18 105,588 2,672Teliasonera XS0545428285 A 10-25 112,721 2,663FranceTelecom XS0827999318 A 03-23 98,643 2,653Rio Tint Finance XS0863127279 A 12-24 102,176 2,652Abertis ES0211845237 BBB 10-16 106,695 2,643Enagas Financs XS0834643727 BBB 10-17 106,809 2,643CarlsbergBrews XS0854746343 BBB 11-22 99,845 2,644Eib XS0116967836 AAA 09-30 63,516 2,631Eu EU000A1G1Q17 AAA 04-32 111,170 2,623Edf FR0011318658 A 03-23 101,103 2,622AmericaMovil XS0519902851 A 06-22 117,330 2,623PetrobrasIntl XS0716979249 BBB 03-18 110,400 2,623AkzoNobl Sweden XS0809847667 BBB 07-22 100,040 2,612BhwBausparkasse DE000A0Z19B5 A 09-24 113,400 2,601SuezAlliance FR0000475758 A 06-23 128,015 2,603FonciereDes Reg FR0011345545 BBB 01-18 105,679 2,601Eib XS0505157965 AAA 04-30 119,106 2,602Smbc XS0555833580 A 11-20 109,629 2,59

sterlina inglese4DigiStHld XS0876477810 BBB 01-25 100,462 4,203AmericaMovil XS0519906761 A 06-30 118,724 4,164SuezEnviron FR0011158849 A 12-30 114,661 4,143Pfizer XS0432072022 A 06-38 135,871 4,133Wal-Mart XS0279211832 AA 01-39 111,888 4,123UkCareNo1 XS0103615323 AAA 10-29 125,907 4,124Amgen XS0829324457 BBB 09-29 98,421 4,094GatwickFunding XS0733794407 BBB 01-26 111,320 4,051Wal-Mart XS0202077953 AA 09-35 117,501 4,051Elcty NorthWest GB0006421902 BBB 03-26 147,552 4,053EastJapanRy XS0257129519 AA 06-34 110,981 4,043EastJapanRy XS0276809927 AA 12-31 108,704 4,033NorthGas Finan XS0234964459 BBB 06-27 108,499 4,034TemasekFinancI XS0528414377 AAA 07-40 117,249 4,024LndnQdrnt Hous XS0769361709 AA 12-33 108,940 3,984Notting Hill XS0868031781 A 12-32 97,121 3,964ImperialTob Fin XS0683568223 BBB 09-26 115,378 3,961Rabobank XS0228265574 AA 08-29 106,503 3,964GlencoreFin Eur XS0767865263 BBB 04-22 111,391 3,934WellsFar XS0828013838 A 09-29 94,917 3,924NtnlGridElec XS0789331948 A 06-27 100,368 3,924YorkshBradford XS0810290832 A 08-29 96,576 3,914Centrica XS0753789980 A 03-29 104,986 3,914Wales &West Fin XS0702020933 A 03-28 111,861 3,893WellcomeTrst Fn XS0261559594 AAA 07-36 110,371 3,894Rio Tint Finance XS0863076930 A 12-29 100,884 3,884AngliWater Fin XS0764876693 A 10-27 106,472 3,87

datial 07.03.2013 codiceisin rating obbligazioneemittente prezzo rend.

scad. indic. effet.


scad. indic. effet.


quanto rendono i bond

3Wal-Mart XS0419834931 AA 03-34 125,092 3,874MorrisonSupermk XS0808629389 A 07-26 96,327 3,851NlWaterschapsbk XS0130092793 AAA 06-32 120,327 3,821London StEx Grp XS0846486040 BBB 11-21 106,901 3,804MotabilityOprtn XS0742069726 A 02-27 106,380 3,783Statoil XS0416848793 AA 03-31 139,793 3,754Apt Pipelines XS0858000606 BBB 11-24 104,344 3,744Amgen XS0710091140 BBB 12-26 118,235 3,731Wal-Mart XS0121617517 AA 12-30 126,026 3,731Eib XS0096499057 AAA 04-39 120,778 3,701Eib XS0740808802 AAA 06-37 102,358 3,691NBritHsg Assoc XS0171888109 AA 07-43 110,915 3,693MarksSpencer XS0471074582 BBB 12-19 114,078 3,684AmericaMovil XS0699618350 A 10-26 113,549 3,674MorrisonSupermk XS0717069073 A 12-23 108,495 3,664Bae Systems XS0789683462 BBB 06-22 103,436 3,644Tdc XS0593952111 BBB 02-23 116,300 3,614Jpmorg Chas XS0866897829 A 12-26 98,998 3,59

yen giapponese4WorldBank XS0130637456 AAA 06-22 114,026 0,724Vlkwagen Leasing XS0818040874 A 08-15 100,034 0,534BayerHolding XS0769661843 A 04-17 101,153 0,524NatlAust Bank XS0786619253 AA 06-17 102,010 0,493Pfizer US717081CV36 A 02-16 104,096 0,393Rabobank XS0295495245 AA 04-17 105,925 0,384Eib XS0426254693 AAA 05-16 103,883 0,221Eib US298785DN35 AAA 06-17 105,216 0,171Eib XS0223267914 AAA 06-17 105,380 0,133Pfizer XS0245184188 A 02-16 104,980 0,104ProcterGamble XS0510936072 AA 05-15 101,984 0,04

dollaro usa1AepTexas Cent US0010EPAF55 BBB 02-33 125,464 4,671VerizonComms US92343VAK08 A 02-38 125,384 4,661Amgen US031162AY66 BBB 06-38 133,268 4,644AmericaMovil US02364WBE49 A 07-42 95,774 4,641AmericaMovil US02364WAP05 A 11-37 121,575 4,641Amgen US031162BA71 BBB 02-39 126,369 4,63

1AmericaMovil US02364WAJ45 A 03-35 123,821 4,631Tech Insu Amer USU87602AV70 AA 12-39 133,890 4,621Cargill USU14178CY81 A 04-34 120,024 4,621Amgen US031162BC38 BBB 03-40 117,229 4,624IpicGmtn XS0701227075 AA 11-41 136,000 4,604DeutscheTel Int USN27915AB85 BBB 03-42 104,279 4,604IpicGmtn US44985GAE17 AA 11-41 136,100 4,594DeutscheTel Int US25156PAR47 BBB 03-42 104,469 4,591Dell US24702RAQ48 BBB 04-21 100,215 4,594QtelIntl Finan XS0881740384 A 01-43 98,611 4,583AbuDhabiNtlEn US00386SAB88 A 10-36 127,389 4,581VerizonComms US92343VBE39 A 11-41 102,844 4,571Zoetis USU98953AB50 BBB 02-43 102,300 4,554CnpcOverseas USG21895AC44 A 04-41 122,072 4,551BskybFinance Uk US11778BAB80 BBB 10-35 127,322 4,551PolarTankers USU7310PAA94 A 05-37 120,434 4,541BskybFinance Uk USG1658KAB73 BBB 10-35 127,487 4,544PernodRicard US714264AK45 BBB 01-42 115,260 4,541Motiva Enterpris USU61999AC95 A 01-40 135,855 4,524Cencosud USP2205JAH34 BBB 01-23 102,750 4,524GrupoAvl USG42045AB32 BBB 09-22 101,750 4,521AscianoFinance USQ0560UAD92 BBB 04-23 111,889 4,511CaribbeanDev Bk USP2111SAF04 AA 11-27 98,534 4,511Dell US24702RAE18 BBB 04-18 105,097 4,511AscianoFinance US04363UAD81 BBB 04-23 111,898 4,511NyLife Ins USU64952AD36 AA 11-39 134,582 4,501Altria Group US02209SAM52 BBB 08-42 95,797 4,501Vodafone Group US92857TAH05 A 02-30 139,981 4,481Mondelez Int US50075NAR52 BBB 08-37 137,089 4,481KonPhilips US500472AC95 A 03-38 135,630 4,482CrownCastle USU2160AAQ95 A 01-37 114,875 4,471Citigroup US172967FX46 BBB 01-42 122,948 4,451ColonialPipelin USU19571AC99 A 04-32 140,644 4,443Ubm US90969QAA04 BBB 11-20 108,367 4,441ColonialPipelin USU19571AE55 A 08-37 128,675 4,431Comcast US20030NAV38 A 08-37 137,259 4,431Citigroup US172967EC18 BBB 05-37 121,193 4,431MetlifeInc US59156RAE80 A 12-32 127,181 4,421ScJohnson USU47888AC31 A 02-33 117,523 4,41

fonte: Ufficio Studi su dati Thomson Reuters


scad. indic. effet.


scad. indic. effet.


bond bancari a cura di

IT0004890601 UbiBca 13-15 3% Fisso 3 40 15/03/2013 15/04/2015 No BBB 310 3,02 2,39IT0004891708 BcoBrescia 13-151.60% Fisso 1.6 30 15/03/2013 15/04/2015 No — 1,61 2,39IT0004891716 BcoBrescia 13-162% (Tv) TassoMisto 2/Euribor6m+0,50 30 15/03/2013 15/03/2016 No — 1,63 2,75IT0004891724 BcoBrescia 13-162% Step-Up Step-Up 2,00/3,00 22 15/03/2013 15/03/2016 No — 2,5 2,75IT0004891823 BcoBrescia 13-15Tv Variabile Euribor6m+1 15 15/03/2013 15/04/2015 No — 1,54 2,04IT0004892011 UbiBca 13-16 3%(Tv) TassoMisto 3/Euribor6m+1,30 75 15/03/2013 15/03/2016 No BBB 310 2,12 2,75IT0004892029 UbiBca 13-15 Tv Variabile Euribor6m+1 65 15/03/2013 15/04/2015 No BBB 310 1,54 2,04IT0004892037 UbiBca 13-15 3%(Tv) TassoMisto 3/Euribor6m+1,30 30 15/03/2013 15/04/2015 No BBB 310 2,38 2,39IT0004892136 UbiBca 13-16 2.50% Fisso 2.5 20 15/03/2013 15/03/2016 No BBB 310 2,51 2,75IT0004892144 UbiBca 13-17 Tv Variabile Euribor6m+1.20 35 15/03/2013 15/03/2017 No BBB 310 2,01 3,38IT0004892151 UbiBca 13-15 1.60% Fisso 1.6 125 15/03/2013 15/04/2015 No BBB 310 1,61 2,39IT0004892177 UbiBca 13-16 1.50%Step-Up Step-Up 1,50/2,00 100 15/03/2013 15/03/2016 No BBB 310 1,75 2,75IT0004892185 UbiBca 13-16 2%Step-Up Step-Up 2,00/3,00 80 15/03/2013 15/03/2016 No BBB 310 2,5 2,75IT0004892193 UbiBca 13-16 2%(Tv) TassoMisto 2/Euribor6m+0,50 65 15/03/2013 15/03/2016 No BBB 310 1,63 2,75IT0004895337 CaRisp Orvieto 13-16 2.75% Fisso/Call 2.75 10 15/03/2013 15/03/2016 No — 2,77 2,75IT0004891468 BcaPop EmiliaRomagna 13-15 2.10% Fisso 2.1 10 18/03/2013 18/03/2015 No BBB — 2,11 2,23IT0004896665 Veneto Bca 13-152% Fisso 2 50 18/03/2013 18/09/2015 Si BB+ — 2,01 2,58IT0004896673 Veneto Bca 13-18 4%(Tv) TassoMisto 4/Euribor6m+1/Cap 4%/Floor2% 50 18/03/2013 18/03/2018 Si BB+ — 2,83 3,6IT0004890635 BcaPop Bergamo 13-163.50% (Tv) TassoMisto 3,50/Euribor3m+1 5 20/03/2013 20/03/2016 No — 2,78 2,75IT0004897200 IccreaBca 13-18 3.60% (Tv) TassoMisto 3,60/Euribor3m+0,55/Cap 3,70% 600 20/03/2013 20/03/2018 Si BBB- — 3,07 3,54IT0004894462 BcaImi 13-19Tv Variabile Euribor3m/Floor 1% 60 28/03/2013 28/03/2019 Si A- — 1,02 3,57IT0004894868 BcaImi 13-18 3.50% Step-Up(Tv) Step-Up/T.Misto3,50/4,00/Euribor3m+1,10 30 28/03/2013 28/03/2018 Si A- — 2,29 3,6IT0004896178 Unicredit 13-17 3.60% (Tv) TassoMisto 3,6/Euribor3m+0,20 1000 28/03/2013 28/03/2017 Si A- 356 2,06 3,38IT0004891831 BcaPop CommInd 13-16 3%(Tv) TassoMisto 3/Euribor6m+0,50 20 29/03/2013 29/03/2016 No — 1,59 2,75IT0004897580 Credem13-17 2.50% Step-Up Step-Up 2,50/3,50 75 29/03/2013 29/03/2017 No BBB — 2,97 3,38IT0004892425 Mediobanca13-19 3.50% (Tv) TassoMisto 3,50/Euribor3m+1,50 20 02/04/2013 02/04/2019 Si BBB+ 245 2,46 3,94IT0004895352 UbiBca 13-16 2%Step-Up Step-Up 2,00/4,00 20 05/04/2013 05/04/2016 Si BBB 310 3 2,75IT0004898265 Intesa Sanpaolo13-18 Tv Variabile Euribor3m+2,25 500 10/04/2013 10/04/2018 Si A- 333 2,5 3,24IT0004898273 IntesaSanpaolo13-19 2.90%Step-Up Step-Up 2,90/4,50 250 10/04/2013 10/04/2019 Si A- 333 3,63 3,9IT0004898497 Intesa Sanpaolo13-162.75% Fisso 2.75 350 10/04/2013 10/04/2016 Si A- 333 2,75 2,72IT0004898794 Intesa Sanpaolo13-152.10% Fisso 2.1 900 10/04/2013 10/04/2015 Si A- 333 2,1 2,33IT0004897317 BcaPop Bergamo 13-163.10% (Tv) TassoMisto 3,1/Euribor6m+1 5 15/04/2013 15/04/2016 No — 2,55 2,75

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

(1) 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% 101,88 4,06 3,40 1,0065IT0004821432 giu-16 3,55% 105,04 4,19 3,53 1,0016IT0004863608 ott-16 2,55% 101,94 4,24 3,58 1,0031BTplegati all'inflazione europeaIT0003625909 set-14 2,15% 102,87 1,59 1,20 1,20683IT0004682107 set-16 2,10% 101,82 3,25 2,97 1,05862IT0004085210 set-17 2,10% 101,03 3,62 3,42 1,14928IT0004380546 set-19 2,35% 99,77 4,22 4,12 1,09466IT0004604671 set-21 2,10% 94,42 4,70 4,74 1,07135IT0004243512 set-23 2,60% 95,61 4,98 5,12 1,12897IT0004735152 set-26 3,10% 99,12 5,11 5,34 1,04869IT0003745541 set-35 2,35% 86,81 5,12 5,45 1,18213IT0004545890 set-41 2,55% 83,75 5,41 5,79 1,07439

BTpIT0004780380 nov-14 6,00% 107,05 1,72 136IT0004840788 lug-15 4,50% 104,89 2,36 191IT0004761950 set-16 4,75% 106,55 2,80 219IT0004867070 nov-17 3,50% 100,79 3,34 245IT0004361041 ago-18 4,50% 104,75 3,56 259IT0004489610 set-19 4,25% 102,75 3,80 259IT0004594930 set-20 4,00% 100,71 3,93 251IT0004695075 set-21 4,75% 104,12 4,21 269IT0004848831 nov-22 5,50% 107,21 4,62 298IT0004644735 mar-26 4,50% 98,40 4,72 257IT0003256820 feb-33 5,75% 106,31 5,30 300IT0003934657 feb-37 4,00% 85,44 5,12 238IT0004532559 set-40 5,00% 96,37 5,32 275

BTPREALI E NOMINALI A CONFRONTOtitolidistato inflationlinked a confronto coni piùtradizionali btp a tasso fisso.dati al07.03.2013isin 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.1 Rendimento a scadenza: Rendimento a scadenza: rendimento calcolato considerando costante il livello del tasso di inflazione attuale, pari al 2,4% per l’Italia e al2,4%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

IT0004869985 Atlantia30-11-18 tf BBB 30-11-2012 30-11-2018 4914 101,473 3,33 -0,37 5,23 — 1,94 1,23 5,47IT0004794142 Enel20-02-18 tf BBB 20-02-2012 20-02-2018 2591 105,721 3,59 0,15 4,52 8,13 2,24 1,84 5,36IT0004645542 Mediobancanv-20 5%subord BBB 15-11-2010 15-11-2020 1750 100,812 4,86 0,86 6,48 6,25 2,01 2,09 7,59IT0004576978 Enel26-02-16 3.5% BBB 26-02-2010 26-02-2016 1373 102,791 2,51 -0,03 2,87 5,32 1,78 1,58 3,45IT0004760655 Eni11-10-17 tf A 11-10-2011 11-10-2017 911 112,124 2,07 -1,24 4,18 9,69 1,33 0,46 3,66IT0004771710 Mps30-11-17 su 30-11-2011 30-11-2017 907 101,733 5,27 1,91 4,24 4,13 -1,14 3,59 6,84IT0004503717 Eni29-06-15 4% A 29-06-2009 29-06-2015 866 105,977 1,34 -0,86 2,19 4,15 0,68 0,71 1,92IT0004608797 Mediobancamg-204.5% BBB 14-05-2010 14-05-2020 866 101,693 4,22 0,26 6,08 6,86 2,39 1,53 6,65IT0004842370 Ubi08-10-19 6%subord 08-10-2012 08-10-2019 600 103,687 5,14 1,83 3,96 — 3,28 3,45 6,44IT0000966017 Comit08-01-27 zc A 08-01-1997 08-01-2027 522 49,531 5,21 0,22 13,84 14,67 9,74 -1,03 11,82NL0009354505 Rbs22-02-16 4% 22-02-2010 22-02-2016 491 105,523 2,05 -0,48 2,84 10,99 2,24 1,14 2,98IT0004723489 Ubi30-06-18 5.4% subord 30-06-2011 30-06-2018 479 101,826 4,84 2,12 3,01 6,96 2,26 3,72 5,76IT0004698178 Crediop07-03-16 4.85% 07-03-2011 07-03-2016 461 99,663 4,97 2,42 2,85 14,83 6,98 4,04 5,90IT0004618507 Crediop28-06-16 3.6% 28-06-2010 28-06-2016 441 95,354 5,16 2,44 3,09 17,28 8,70 3,97 6,08IT0001200390 Comit17-02-28 zc A 17-02-1998 17-02-2028 439 47,488 5,11 0,02 14,95 15,69 10,56 -1,65 12,31IT0004783046 Mediobancadc-17 zc BBB 12-12-2011 12-12-2017 429 84,446 3,62 0,25 4,76 7,56 1,04 1,75 5,50NL0009483825 Rbs22-06-205% 22-06-2010 22-06-2020 376 112,125 3,15 -0,82 6,21 20,63 4,99 0,49 5,72IT0004645963 Ubi05-11-17 4.3% subord 05-11-2010 05-11-2017 319 100,627 4,08 1,70 2,47 6,75 2,51 2,92 4,48IT0004718489 Ubi16-06-18 5.5% subord 16-06-2011 16-06-2018 308 101,831 4,93 2,23 2,97 6,97 2,33 3,82 5,82NL0009061357 Rbs08-10-16 4.3% A 08-10-2009 08-10-2016 281 108,105 1,96 -0,92 3,33 13,20 2,59 0,75 3,11IT0004825029 Unicredit 24-08-18 5.65% 24-08-2012 24-08-2018 272 107,025 4,17 0,56 4,74 — 4,05 2,22 5,99IT0004572878 Ubi23-02-17 3.1% subord 23-02-2010 23-02-2017 271 99,162 3,49 1,21 2,36 9,13 4,07 2,74 4,12NL0009054907 Rbs20-04-19 5.5% A 20-04-2009 20-04-2019 211 113,441 3,09 -0,72 5,24 17,87 3,00 0,87 5,15IT0006707159 Barclays29-12-15 4.4% 29-12-2009 29-12-2015 210 108,830 1,18 -1,27 2,68 8,63 0,71 0,32 —IT0001205589 Mc.Lombardo fb-28 zc 18-02-1998 18-02-2028 194 47,034 5,17 0,08 14,95 14,74 15,32 -1,50 12,47IT0001203253 Mc.Centrale fb-28 zc 10-02-1998 10-02-2028 185 47,005 5,19 0,10 14,93 15,24 14,77 -1,58 12,36IT0001086658 S.Paoloimige-22 zc A 30-01-1997 30-01-2022 181 70,890 3,94 -0,44 8,90 11,74 7,14 0,09 7,99XS0626808496 Ge.Eurfundgn-17 tf A 15-06-2011 15-06-2017 177 108,580 1,53 -1,67 3,95 8,79 0,52 0,02 2,99NL0009287614 Rbs11-12-194.6% A 11-12-2009 11-12-2019 161 108,027 3,31 -0,60 5,89 17,68 4,35 0,84 5,74IT0006719469 Rbs26-05-17su 26-05-2011 26-05-2017 134 109,268 2,42 -0,76 3,86 16,12 3,90 0,95 3,83NL0009056563 Rbs26-06-16 zc A 26-06-2009 26-06-2016 120 92,608 2,36 -0,36 3,30 12,27 2,11 1,21 3,50IT0004808421 Unicredit 21-05-185% 21-05-2012 21-05-2018 119 103,606 4,21 0,69 4,54 — 1,72 2,27 5,85IT0001302733 Mps01-02-29 sd/oc BBB 01-02-1999 01-02-2029 105 84,330 6,21 1,07 15,91 6,80 6,91 -0,92 14,01NL0009537851 Rbs30-09-16 tf/su A 03-09-2010 30-09-2016 104 103,860 2,78 -0,08 3,32 12,08 2,58 1,56 3,90IT0004787476 Unicredit 16-03-186.1% 16-03-2012 16-03-2018 92 109,077 4,06 0,60 4,26 — 3,74 2,21 5,52IT0004874985 Ubi31-01-17 su 31-01-2013 31-01-2017 89 101,202 3,19 0,14 3,68 — — 1,83 4,52IT0004874993 Ubi31-01-16 3.5% 31-01-2013 31-01-2016 81 101,500 2,97 0,47 2,77 — — 2,06 3,84IT0004821846 Kme03-08-17 8% call 03-08-2012 03-08-2017 73 103,988 6,90 3,65 3,73 — 3,34 5,21 7,98IT0001308508 Mps15-02-29 sd/oc BBB 15-02-1999 15-02-2029 70 82,846 6,16 1,02 15,95 6,85 6,56 -0,99 13,98IT0003855779 Unicreditomg-15 su call 30-05-2005 30-05-2015 64 101,801 3,57 1,41 2,11 5,52 1,85 2,89 4,03IT0004821499 Mediobancalg-16 4.45% BBB 13-07-2012 13-07-2016 64 103,260 3,39 0,65 3,10 — 1,31 2,25 4,38IT0006703208 Barclays21-07-196% A 21-07-2009 21-07-2019 63 119,681 2,60 -1,25 5,40 14,03 1,41 0,33 4,75IT0001306171 Mc.Centrale fb-19 sd/oc 18-02-1999 18-02-2019 53 111,249 5,16 1,39 5,95 12,27 4,25 2,70 7,64IT0006706318 Barclays06-10-19 zc A 06-10-2009 06-10-2019 47 80,945 3,27 -0,61 6,58 10,99 0,18 0,50 6,08IT0004863723 B.Imi18-10-19 4.1% 18-10-2012 18-10-2019 45 101,868 3,77 -0,12 5,84 — 1,62 1,32 6,18IT0001304341 B.Imi01-02-24 sd/oc 01-02-1999 01-02-2024 43 121,740 5,58 0,87 10,90 14,67 3,86 0,74 10,64IT0001304010 Interbanca fb-21sd/oc 16-02-1999 16-02-2021 42 100,295 5,20 1,18 7,94 16,70 5,49 1,78 8,73IT0006715426 Barclays16-06-22 4.6% 16-06-2010 16-06-2022 38 111,500 3,14 -1,33 7,62 14,19 1,46 -0,17 6,49IT0004729452 Crediop07-12-17 5% 07-06-2011 07-12-2017 37 100,728 4,81 1,44 4,29 15,96 4,07 3,13 6,43IT0001287249 Mc.Centrale dc-18sd/oc A 23-12-1998 24-12-2018 34 113,000 5,00 1,27 5,80 10,06 5,80 2,66 7,46IT0004821689 Intek03-08-17 8% call 03-08-2012 03-08-2017 34 104,500 6,76 3,51 3,73 — 3,58 5,10 7,87IT0001312708 Centrobancamz-19 sd/oc 16-03-1999 16-03-2019 33 99,010 3,95 0,16 6,02 19,56 5,02 1,46 6,48XS0584356942 Bankamericage-26 5.25% call 31-01-2011 31-01-2026 24 105,867 4,63 -0,27 9,75 12,02 3,26 0,31 9,07DE000A1MBB62 Kfw20-03-19 tf 20-03-2012 20-03-2019 20 103,975 1,19 -2,61 5,66 — — -1,15 3,53NL0009560010 Rbs30-09-17sd A 21-09-2010 30-09-2017 19 104,220 2,64 -0,66 4,16 15,41 1,63 1,01 4,19IT0004869860 Ubi31-12-15 su 31-12-2012 31-12-2015 17 100,990 3,09 0,63 2,70 — — 2,20 3,92IT0004655533 Crediop08-11-24 4.5% call 08-11-2010 08-11-2024 15 94,000 5,19 0,41 9,11 19,85 7,10 1,17 9,30IT0004796451 B.Imi06-03-18 su 06-03-2012 06-03-2018 14 104,047 3,34 -0,11 4,63 8,16 3,09 1,52 5,16DE000UB2F5S4 Ubs29-07-17 4% A 29-07-2010 29-07-2017 11 108,120 2,04 -1,20 4,04 8,40 1,02 0,47 3,54DE000A1DAMJ6 Kfw10-04-15 2.25% AAA 28-04-2010 10-04-2015 10 104,190 0,23 -1,86 2,02 1,72 -0,26 -0,29 —NL0009670090 Rbs27-02-194.25% 11-01-2011 27-02-2019 9 108,720 2,67 -1,11 5,36 17,82 2,32 0,50 4,87IT0001308607 Crediop26-02-24 sd/oc AA 26-02-1999 26-02-2024 7 93,252 7,20 2,48 10,97 23,47 3,44 2,37 12,35NL0009288141 Rbs03-12-24 oc call 03-12-2009 03-12-2024 6 132,609 4,41 -0,38 11,74 26,07 3,72 -0,85 9,89

datial 06.03.2013 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

DE000A0Z2KS2 Kfw04-07-16 tf AAA 02-12-2009 04-07-2016 5 108,770 0,45 -2,28 3,15 3,23 -0,48 -0,63 —GB00B6HZ3S81 Rbs02-06-174.7% 23-05-2011 02-06-2017 5 109,530 2,33 -0,86 3,86 13,00 1,42 0,85 3,73IT0004650781 Crediop22-10-20 zc 22-10-2010 22-10-2020 5 76,267 3,62 -0,38 7,62 26,99 9,89 0,36 6,98IT0004851728 Ubi19-10-16 su 19-10-2012 19-10-2016 5 104,000 3,48 0,59 3,34 — 1,92 2,23 4,60IT0006716564 Barclays30-10-25 sd/su 22-10-2010 30-10-2025 5 104,000 3,63 -1,25 10,21 18,13 2,19 -0,96 8,28IT0004743875 Mediobancaag-163.7% BBB 16-08-2011 16-08-2016 4 101,624 3,19 0,40 3,23 5,73 2,18 2,00 4,25NL0009694272 Rbs14-02-21 5.3% A 14-02-2011 14-02-2021 3 112,294 3,53 -0,49 6,65 18,48 3,89 0,72 6,39DE000A1H36V3 Kfw08-04-16 tf AAA 19-04-2011 08-04-2016 2 108,440 0,36 -2,24 2,91 3,00 — -0,61 —XS0604339928 Citigroup18-03-20 sucall BBB 18-03-2011 18-03-2020 2 107,510 3,12 -0,83 6,06 10,79 0,62 0,53 5,62

datial 06.03.2013 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 ed Euromot, di emittenti bancari o corporate, a TassoFisso, StepUp, StepDown e Zerocoupon con vita residua di almeno due anni, con lotto minimo acquistabile non superiore a 10mila euro e con una quantitàtrattata media negli ultimi 10 giorni di almeno mille euro. Isin: Codice identificativo del prestito obbligazionario- Descrizione: Descrizione dell’emittente, delladata di scadenza e delle principali caratteristiche anagrafiche secondo la seguente legenda: su: step-up, sd: step-down, oc: one coupon, zc: zerocoupon, tf:tasso fisso, subord: obbligazioni subordinate per le quali i possessori sono soddisfatti successivamente agli altri creditori in caso di liquidazione dell’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 giornaliera trattata sul mercato negli ultimi 10 giorni lavorativi. In migliaia di euro. Prezzo di listino: prezzo dichiusura sul mercato di quotazione del titolo (MOT o EuroMOT):per i titoli zerocoupon si intende tel-quel, cioè comprensivo della parte di interessi maturataalladata,altrimentisi intendesemprecorsosecco,cioènoncomprensivodelrateocedola. Rend.Lordo %: indicail rendimentoeffettivolordonell’ipotesicheiltitolo venga tenuto fino a scadenza eche tutti i flussi vengano reinvestitiallo stesso tasso. Duration Lorda: è la vita media finanziaria espressa in annie frazionid'anno: è il baricentro temporale dei flussi (cedole e rimborsi) futuri attualizzati. La duration rappresenta un indicatore di rischio: maggiore è la duration,maggioreèlarischiosità intesacomereattivitàdelprezzodeltitoloalvariaredelsuorendimento.Spread %:esprimeladifferenzadirendimentoeffettivolordodell’obbligazione rispetto ad un titolo di Stato Italiano di similare durata. Performance passate: Rappresenta il rendimento di periodo ottenuto nel caso diacquisto dell’obbligazione nel passato (un anno fa o tre mesi fa) e di vendita sul mercato alla data di riferimento e al prezzo di listino, ipotizzando il nonreinvestimento 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

B.ca Intermobiliare07/15 Sub 1,500 7,500 1,000 302 93,69 1,86 +0,58 -1,74 3,99 24,9 277,0BancaCarige 12/13Sub 1,500 2,187 1,143 265 116,49 0,60 +1,32 -6,48 0,71 27,4 325,9Banco Popolare 03/14 4,750 6,150 1,000 429 100,30 1,16 -0,18 -10,06 4,44 18,9 431,1Cape Live07/14 5,000 1,120 1,000 1865 56,00 0,06 — -3,39 61,49 5,1 1023,1Cogeme SET03/14 * 7,000 1,300 1,000 30 — 1,00 — — — 3,7 —Eukedos11/16 3,000 1,400 0,857 142 65,49 0,58 +0,76 -0,34 15,99 41,3 58,6Sias06/17 2,625 10,500 1,000 43 98,89 7,34 +0,61 +4,93 2,90 70,0 41,4Sopaf 12/15* 3,875 0,880 1,000 — — 0,02 — — — 0,8 —Sopaf 12/15* 9,000 0,218 10,000 — — 0,02 — — — 3,4 —UBI Banca07/13 5,750 12,750 1,000 266 101,12 3,48 -0,08 -0,68 2,23 27,3 270,2(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 OBBLIGAZIONIB.Pop. Etruria Lazio 06/16 Sub: subordinata,cedolaannuale, convertibilesu richiestadell’obbligazionistasinoal 5giorno lavorativoprecedente lascadenza(24/6/2016).L’emittente eserciterà l’opzionedi rimborsoanticipato inequity il28/12/2012. Bim 07/15: subordinata,cedolaannua, facoltàdi rimborsoanticipatoCALLdecorsi 18mesidall’emissione(dal29/01/07). Inizioperiodo convertibilità01/01/07;fine periodoconvertibilità31/03/15. Banca Carige1,5%12/13: subordinata, inizioperiodoconvertibilità01/01/06, fineconvertibilità31/10/13.L’emittente halafacoltàdi noneffettuare ilpagamentodegliinteressiqualoranonsiano rispettati i requisitiprevisti dalle Istruzioni diVigilanzadella Bancad’Italia equaloranonsiastatadeliberata ladistribuzione deidividendi. Il rimborsodelcapitale ascadenza,alpremiodi 116,èsubordinato alpreventivo consensodellaBanca d’Italianel rispetto deirequisitipatrimonialiprevisti.Banco Popolare03/14: cedolaannua,convertibilidal 26/09/2011,dirittodiriscatto totaleo parzialedecorsi18 mesidall’emissione(26/09/2011)conpagamentoincontantie/o azioniedunpremiodel10% sulnominale.Bper 12/12 Sub: subordinata, facoltàdirimborsoanticipato CALLdal04/12/08 al31/12/12, conpreavvisodi 30giorni. Convertibilitàdal01/07/09al31/12/12.CapeLive 07/14: emittenteinconcordatopreventivo. L’obbligazioneverràrimborsata in funzionedell’esitodiunaumento dicapitale incorso. Incasodiesitosfavorevole dell’aumentodicapitale ilbondverràforzosamenteconvertito inazioni(12azioniogniobbligazione)od unrimborsomisto(azioni/contante).Cogeme SET 03/14: società in liquidazionee concordatopreventivo. Rimborso in funzionedell’esitodella procedura.Eukedos11/16:cedola annua, rimborsabile inanticiposu richiestadegli obbligazionisti incasidi inadempienze dell’emittente, rimborsabile inanticipodapartedell’emittentese ilnominale incircolazione risulta inferiorea5 mln€. Sopaf 12/15 *:domandadirimborsoanticipato in funzionedella proceduradiliquidazionedella società.Sias06/17: inizio periodoconvertibilità01/07/10; fineperiodoconvertibilità31/05/17. Ubi Banca 20135,75%: facoltàdirimborsoanticipatoCALLadognidata pagamentocedole,conpreavviso dialmeno 23giorni,dal 10/01/11al 10/07/13.L’emittente hafacoltàdi effettuare ilrimborso inazioni,contanti o azionie contanti.Convertibilitàdal 10/01/11al03/07/13.

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 IIFR0010410068 Natixis 4,125 20.01.2017 EUR Baa3 BBB+ BBB+ 105,60 — 2,580 — 50XS0322918565 Unicredit 5,750 26.09.2017 EUR Baa3 BBB BBB+ 104,61 — 4,590 — 50XS0386569296 Nordea Bank 6,250 10.09.2018 EUR Baa1 A A+ 102,55 1,069 3,940 10.09.2013 3MEuribor+320BP 50XS0283256062 BNP Paribas 4,375 22.01.2019 EUR Baa3 A- A 102,37 1,580 1,370 22.01.2014 3MEuribor+71 BP 50XS0433028254 HSBC 6,000 10.06.2019 EUR A3 A- A+ 120,18 — 2,470 — 50XS0526326334 IntesaSanpaolo 5,150 16.07.2020 EUR Baa3 BBB BBB+ 101,05 — 4,970 — 50FR0011000231 CreditLogement 5,454 16.02.2021 EUR Aa3 A — 113,03 — 3,540 — 100XS0274112076 JPMorgan Chase 4,375 30.11.2021 EUR A1 A A 105,43 2,799 2,930 14.11.2016 1MEuribor+90 BP 50XS0366066149 INGBank 6,125 29.05.2023 EUR Baa2 BBB+ A- 109,23 4,121 4,580 29.05.2018 3MEuribor+255BP 50XS0159527505 Allianz 6,500 13.01.2025 EUR A2 A+ A 108,27 1,880 4,360 13.01.2015 3MEuribor+277 BP 1TIERIXS0221011454 HannoverFinance 5,000 Perpetual EUR — A A- 101,70 4,170 5,200 01.06.2015 3MEuribor+268BP 1XS0221619033 INGGroep 4,176 Perpetual EUR Ba1 BBB- — 94,19 7,055 4,690 08.06.2015 3MEuribor+180BP 1XS0225369403 Bayer 5,000 Perpetual EUR Baa3 BBB- BBB 105,82 2,386 5,110 29.07.2015 3MEuribor+280BP 1XS0542298012 RWE 4,625 Perpetual EUR Baa2 BBB- BBB 103,32 3,240 5,020 28.09.2015 5YMid-Swap+265 BP 1FR0010248641 CreditAgricole 4,130 Perpetual EUR Ba2 BBB- BBB- 95,45 6,003 4,520 09.11.2015 3MEuribor+165 BP 50FR0010289496 Vinci 6,250 Perpetual EUR Baa3 BBB- BBB- 107,26 3,337 5,984 13.11.2015 3MEuribor+375 BP 50XS0234434222 Henkel 5,375 Perpetual EUR Baa1 BBB BBB+ 107,12 2,610 5,150 25.11.2015 3MEuribor+285BP 1XS0254808214 Solvay 6,375 Perpetual EUR Baa3 BBB- BBB 108,25 3,610 5,680 02.06.2016 3MEuribor+335 BP 1XS0674277933 EbW 7,375 Perpetual EUR Baa2 BBB- BBB 112,64 3,940 7,220 02.04.2017 5YMid-Swap+540 BP 1XS0484213268 Tennet 6,655 Perpetual EUR Baa3 BBB — 110,21 3,970 5,720 01.06.2017 5YEuroswap+360 BP 50

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.3 Tipodi flussocedolare inesseresuccessivamentealladata di rimborsoanticipato,ove laclausolanonvengaesercita dall’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 -2,97 2,27 — -3,71 -6,95AcomeAItalia A1 mmmmm -6,66 -2,19 -2,61 -7,66 -9,67AcomeAItalia A2 mmmmm -6,56 -1,42 -2,61 — —AlboinoRe mmmmm -0,12 -22,63 -4,52 -17,54 -14,63AllianzAz. Ita.All Stars mmmmm -3,31 0,69 -0,27 -2,63 -4,84ANM Anima ItaliaA mmmmm -3,00 1,78 1,00 -4,87 -7,32ANM Anima ItaliaF mmmmm — — — — —ArcaAzioni Italia mmmmm -3,09 2,41 -0,27 -3,30 -6,17Bnl Azioni Italia mmmmm -3,37 -1,84 -0,55 -4,96 -7,92CarigeAzionario Italia A mmmmm -2,41 0,58 -2,31 -4,03 -5,80EurizonAz.Italia mmmmm -2,68 1,58 0,97 -4,42 -7,40EurizonAz.PMIItalia mmmmm -1,45 -0,59 -1,28 -6,01 -7,92Euromob.Azioni Italiane mmmmm -2,90 0,74 1,21 -3,64 -6,39Fideuram Italia mmmmm -2,22 4,73 0,84 -1,86 -4,88FonderselP.M.I. mmmmm -2,61 6,06 -5,30 -2,10 -5,04Fonditalia Eq. ItalyR mmmmm -2,30 3,49 — -2,46 -5,36Fonditalia Eq. ItalyT mmmmm -2,25 4,17 — -1,85 —GestnordAzioni Italia mmmmm -2,80 2,57 0,98 -2,02 -5,54Interf.Equity Italy mmmmm -2,58 2,84 — -2,85 -5,41PioneerAz. Crescita A mmmmm -3,19 3,04 -0,55 -4,60 -8,68PioneerAz. Crescita B mmmmm -3,20 — — — —PRIMA GeoItalia A mmmmm -3,32 0,97 1,00 -2,95 -6,21PRIMA GeoItalia Y mmmmm -3,20 2,49 1,00 -1,56 -4,97Symp. Selez. Italia mmmmm -2,57 2,46 1,75 -3,59 -6,71SynergiaAz. Italia mmmmm -2,92 2,37 0,02 -4,85 —SynergiaAz.Sm.CapIt. mmmmm -1,49 2,82 -0,93 -4,51 —UBIPra. Azioni Italia mmmmm -1,45 8,27 0,94 -1,96 -5,57ZenitMc Pianeta ItCl.I mmmmm -0,48 12,70 — 0,74 —ZenitMc Pianeta ItCl.R mmmmm -0,53 11,59 0,23 -0,14 -5,85comit -3,41 -3,62 — -7,77 -11,58

area euro — — — — —8a+Eiger mmmmm 0,14 5,91 9,99 2,88 2,61Agora Equity mmmmm 0,03 -0,37 14,00 -5,00 -4,66Alto Azionario mmmmm 2,93 10,09 10,75 -0,86 -5,21BancoPosta Azion. Euro mmmmm -0,44 17,19 12,03 5,71 —EpsilonQEquity mmmmm 1,51 11,34 8,37 1,90 -2,99EurizonAz.AreaEuro mmmmm 1,64 7,58 12,53 -0,34 -3,97PRIMA GeoEuro A mmmmm 2,15 10,04 11,55 3,27 -1,63PRIMA GeoEuro Y mmmmm 2,27 11,58 11,55 4,71 -0,29Symp. Azionario Euro mmmmm 0,27 8,57 9,31 -2,28 -3,87UBIPra. Azionario EticoE mmmmm 0,98 7,83 11,06 -0,37 -2,32UBIPra. Azioni Euro mmmmm 2,55 14,52 11,39 4,03 -0,40msci euro 0,54 9,02 — 3,04 -2,17

europa — — — — —AcomeAEuropa A1 mmmmm -1,17 5,67 14,81 -2,77 -4,21AcomeAEuropa A2 mmmmm -1,08 6,83 14,81 — —AllianzAzioniEuropa mmmmm 3,46 14,44 13,18 9,31 3,43AllianzMultiEuropa# mmmmm 2,07 9,33 12,47 3,18 -0,86AmundiEurope Equity# mmmmm 2,92 11,93 12,38 5,49 1,46ANM Anima EuropaA mmmmm 2,22 12,07 11,98 4,89 -0,74ANM Anima EuropaF mmmmm — — — — —ANM Anima IniziativaEu A mmmmm 3,89 14,35 17,45 5,77 0,47ANM Anima IniziativaEu F mmmmm — — — — —ArcaAzioniEuropa mmmmm 2,64 12,22 13,14 5,24 0,12Bnl AzioniEuro Crescita mmmmm 3,84 17,60 13,75 10,88 3,66Bnl AzioniEuropa Div mmmmm 1,69 11,35 13,09 5,37 1,39CarigeAzionario Europa A mmmmm 2,19 10,95 13,19 3,61 -1,10ConsultinvestAzione mmmmm 0,51 6,78 — 2,00 -2,42EpsilonQValue mmmmm 2,61 13,08 10,75 6,06 -0,27EurizonAz.Europa mmmmm 2,75 10,71 13,15 3,24 0,39EurizonAz.PMIEuropa mmmmm 3,78 15,52 16,70 8,12 3,96Euromob.EuropeE. F. mmmmm -0,63 1,19 12,61 -0,73 -3,97

FMS- Equity Europe# mmmmm 3,04 12,19 13,76 6,89 0,62FonderselEuropa mmmmm 2,44 11,57 13,76 5,11 0,28Fonditalia Eq.EuropeR mmmmm 0,86 9,27 — 3,29 -1,84Fonditalia Eq.EuropeT mmmmm 0,90 9,98 — 3,93 —GestnordAzioniEuropa mmmmm 2,16 10,95 13,71 5,05 0,41Interf.Equity Europe mmmmm 2,23 8,25 — 5,88 -1,09InvestitoriEuropa mmmmm 1,26 9,15 12,01 3,26 -0,82MalatestaAzionario Eu mmmmm 2,80 10,69 13,76 3,74 1,39PioneerAz ValEu Dis A mmmmm 2,84 11,99 13,76 5,89 1,16PioneerAz ValEu Dis B mmmmm 2,87 — — — —PioneerAz. EuropaA mmmmm 2,80 8,42 13,76 2,80 -1,58PioneerAz. EuropaB mmmmm 2,77 — — — —PRIMA GeoEuro Pmi A mmmmm 4,01 15,52 17,45 9,70 3,46PRIMA GeoEuro Pmi Y mmmmm 4,13 17,25 17,45 11,26 4,88PRIMA GeoEuropa A mmmmm 1,91 10,62 13,14 6,48 2,66PRIMA GeoEuropa Y mmmmm 2,02 12,27 13,14 7,99 4,08RasLux Equity Europe mmmmm — — — — —SynergiaAz.Europa mmmmm 0,43 9,63 10,69 -1,48 —UbiPra. Az.Europa mmmmm 2,89 10,51 13,69 4,08 -0,07msci europe 1,82 11,08 — 7,43 1,50

america 4,95 11,27 — 9,62 5,23AcomeAAmerica A1 mmmmm 3,18 11,00 13,68 8,08 4,18AcomeAAmerica A2 mmmmm 3,27 12,14 13,68 — —AllianzAzioniAmerica mmmmm 3,84 7,61 15,73 7,75 5,10Alto AmericaAz. mmmmm 5,00 13,70 14,65 9,83 6,13ANM Anima AmericaA mmmmm 5,97 11,44 15,49 10,99 7,03ANM Anima AmericaF mmmmm — — — — —ArcaAzioniAmerica mmmmm 5,20 12,87 14,33 10,58 6,15BnlAzioniAmerica mmmmm 3,65 6,99 17,25 10,51 5,32EurizonAz.America mmmmm 5,50 15,17 14,34 10,19 6,14EurizonAz.PMIAmer. mmmmm 4,31 13,29 18,05 10,96 9,21FMS- Equity Usa# mmmmm 5,58 10,02 16,26 10,23 4,32FonderselAmerica# mmmmm 5,56 11,56 16,26 8,69 4,63Fondit.Eq.Usa BlueCh R mmmmm 4,72 10,32 — 7,34 3,28Fondit.Eq.Usa BlueCh T mmmmm 4,78 11,05 — 8,01 —GestnordAzioniAmerica mmmmm 5,40 10,18 16,41 8,05 3,10Interf.Eq. USAH mmmmm 1,83 12,71 — 9,35 2,89Interf.Eq.USA mmmmm 5,81 15,67 — 12,77 7,46Interf.Equity Usa Adv mmmmm 5,73 7,47 — 4,62 2,16InvestitoriAmerica mmmmm 4,87 14,07 14,25 11,87 6,58Pacto Azionario AmericaB mmmmm — — — — —PioneerAz. Am. A mmmmm 5,00 9,88 15,03 9,79 1,40PioneerAz. Am. B mmmmm 4,92 — — — —PRIMA GeoAmerica A mmmmm 6,08 11,68 15,49 n.s. n.s.PRIMA GeoAmerica Y mmmmm 6,20 13,36 15,49 n.s. n.s.Symp. Azionario Usa mmmmm 3,01 14,19 12,60 8,22 5,20SynergiaAzionario Usa mmmmm 2,88 14,25 12,63 7,10 —UBIPra. Azioni Usa mmmmm 4,36 8,96 16,41 8,15 5,24msci northamerica 5,51 15,03 — 13,14 7,58

pacifico 5,51 8,76 — 5,08 1,85AcomeAAsia Pac. A2 mmmmm 5,95 12,58 14,99 — —AcomeAAsia Pacifico A1 mmmmm 5,97 11,43 14,99 3,96 -0,19AllianzAzioniPacifico mmmmm 4,72 6,66 10,10 4,17 1,22Alto PacificoAz. mmmmm 7,99 8,24 9,27 3,80 4,22ANM Anima PacificoA mmmmm 6,35 10,05 10,06 6,49 3,60ANM Anima PacificoF mmmmm — — — — —ArcaAzioniFar East mmmmm 5,85 9,38 10,82 6,03 2,74EurizonAz.Asia Nuove Eco. mmmmm 3,14 6,38 8,19 5,97 3,50EurizonAz.Pacifico mmmmm 6,27 8,90 10,42 4,24 0,67FMS- Equity Asia# mmmmm 7,47 9,88 12,56 4,53 2,82FonderselOriente# mmmmm 3,30 6,28 12,24 7,64 4,85FonditEq Pacifex JapanR mmmmm 4,68 9,08 — 3,34 3,64FonditEq Pacifex JapanT mmmmm 4,74 9,80 — 4,00 —

datial 05.03.2013 ratingcfs var.% var.% var.% rend. rend.fondo a a 1anno 3 5

1mese 1anno bench. anni anni




fondi comuni a confronto

Fonditalia Eq.JapanR mmmmm 9,22 6,37 — 3,00 1,21Fonditalia Eq.JapanT mmmmm 9,25 7,07 — 3,65 —GestnordAzioniPacifico mmmmm 5,64 8,63 10,04 5,42 2,74Interf.Eq. JapanH mmmmm 4,83 17,11 — 3,36 -3,34Interf.Eq. Pacif. exJapan mmmmm 6,00 16,88 — 8,02 6,28Interf.Eq. Pacif. exJapan H mmmmm 3,01 15,16 — 1,89 0,62Interf.Equity Japan mmmmm 8,84 4,86 — 3,42 0,64InvestitoriFar East mmmmm 6,38 10,55 10,99 4,73 2,44PioneerAz. Area PacifA mmmmm 4,70 6,66 10,52 0,11 -3,10PioneerAz. Area PacifB mmmmm 4,41 — — — —PRIMA GeoAsia A# mmmmm 6,45 9,24 10,06 4,89 n.s.PRIMA GeoAsia Y# mmmmm 6,56 10,87 10,06 6,38 3,56UBIPra. Azioni Pacifico mmmmm 6,65 11,05 10,38 7,96 3,21msci pacific free 8,01 12,56 — 7,79 4,49

paesiemergenti 2,16 1,54 — 4,01 1,55AcomeAPaesi Em. A1 mmmmm 1,21 6,94 1,95 6,50 1,55AcomeAPaesi Em. A2 mmmmm 1,29 7,87 1,95 — —AllianzAzPaesi Emer mmmmm 3,99 6,96 2,72 6,64 0,75AmundiGlobal Emerg.Eq# mmmmm 1,89 2,40 2,53 5,67 2,50ANM Anima EmergentiA mmmmm 1,80 0,36 2,70 5,54 4,69ANM Anima EmergentiF mmmmm — — — — —ArcaAzioniPaesi Emerg. mmmmm 2,06 0,82 2,68 3,70 1,78Bnl AzioniEmerg. mmmmm 2,86 -0,60 2,72 2,84 0,41EurizonAz.PaesiEmer mmmmm 2,09 1,15 2,71 2,59 1,40FMS- Equity GlEm Mkt# mmmmm 2,02 2,77 2,74 4,54 1,94FMS- Equity NewWorld# mmmmm 0,44 0,82 1,14 1,77 —FonditEq Glb EmMkt R mmmmm 2,16 0,50 — 4,51 3,20FonditEq Glb EmMkt T mmmmm 2,21 1,26 — 5,23 —GestnordAzioniPaesi Em. mmmmm 1,99 0,63 2,66 3,02 1,24Interf.Eq. GlbEm Mkt mmmmm 2,23 0,85 — 0,18 -0,17PioneerAz. PaesiEm. A mmmmm -0,03 -1,59 2,74 1,07 -2,59PioneerAz. PaesiEm. B mmmmm -0,04 — — — —PRIMA GeoPaesiEm. A# mmmmm 1,98 0,62 2,68 3,00 n.s.PRIMA GeoPaesiEm. Y# mmmmm 2,10 2,12 2,68 4,46 1,29Symp. MultEmerFle# mmmmm 2,69 3,34 — 4,89 2,10UBIPra. Az. Merc. Emerg. mmmmm 2,45 3,04 2,67 6,48 3,60msci emerging markets f. 2,24 2,74 — 6,53 3,95

internazionali 4,13 11,15 — 6,27 2,31AcomeAGlobale A1 mmmmm 2,24 10,05 14,18 3,74 -0,24AcomeAGlobale A2 mmmmm 2,34 11,45 14,18 — —AllianzMulti90# mmmmm 3,71 7,71 12,84 5,86 1,43Alto InternazionaleAz. mmmmm 2,63 7,58 12,14 5,35 1,87AmundiGlobal Equity# mmmmm 4,29 10,75 11,40 7,18 2,91Anfiteatro GlobalEquity mmmmm — — — — —ANM Anima CapitPiùAzA# mmmmm 3,81 10,07 13,96 5,03 —ANM Anima Capit. PiùAzF# mmmmm — — — — —ANM Anima Capit. PiùAzN mmmmm — — — — —ANM Anima ValoreGlob. A mmmmm 3,80 12,67 13,57 7,35 4,11ANM Anima ValoreGlob. F mmmmm — — — — —Arca27 az. estere mmmmm 4,38 11,89 13,57 8,05 3,18BancoPostaAz. Internaz. mmmmm 2,64 13,52 14,07 9,79 4,36Capital Italia mmmmm 4,08 11,96 — 7,74 2,27CarigeAzionario Intern A mmmmm 3,71 7,38 11,95 10,98 5,02ConsultinvestGlobal mmmmm 1,77 6,88 — 3,07 -0,10EsseStock cl.A mmmmm 2,48 10,57 — — —EssoStock cl. B mmmmm 2,53 11,05 — — —EticaAzionario IEY mmmmm 5,66 17,01 — — —EticaazionarioE mmmmm 5,58 16,04 — 7,97 5,64EurizonAz.Internazionali mmmmm 5,11 12,88 13,59 6,49 2,28Euromob.Az. Internaz. mmmmm 4,28 8,46 12,99 4,65 4,82Fonditalia GlobalR mmmmm 1,95 9,30 — 6,81 3,34Fonditalia GlobalT mmmmm 2,00 10,01 — 7,47 —GestnordAzTrend Set mmmmm 3,92 6,98 13,54 5,46 0,38

PioneerCIM GlobalEquity mmmmm 4,92 11,26 — 7,14 1,85PRIMA GeoGlobale A mmmmm 3,66 11,51 13,57 7,98 4,89PRIMA GeoGlobale Y mmmmm 3,78 13,18 13,57 9,52 6,35SoprarnoAzioni Glob A mmmmm 2,24 11,22 15,65 8,06 2,75SoprarnoAzioni Glob BY mmmmm 2,29 12,08 — 8,71 —Star Coll.Az.Internaz.# mmmmm 4,83 — — — —SynergiaAz.Globale mmmmm 1,98 11,76 11,37 1,49 —Talento GlobalEquity# mmmmm 3,98 9,61 14,24 n.s. n.s.UBIPra. Azioni Globali mmmmm 4,99 13,30 13,55 8,79 3,16UBIPra. Privilege 5# mmmmm 3,44 11,45 11,31 4,65 -1,73ZenitMc MegatrendCl.I mmmmm — — — — —ZenitMc MegatrendCl.R mmmmm 2,42 8,98 12,78 -0,56 -1,86msci world 5,18 14,24 — 10,60 5,20

energia-materieprime — — — — —EurizonAz.EnMatPrime mmmmm 2,68 -0,07 1,29 1,79 -0,75msci 50%energy&50%materials 1,12 0,35 — 6,02 1,31

salute — — — — —EurizonAz.Salute eAmb. mmmmm 6,16 22,44 21,41 8,36 7,30msci health care 6,60 25,98 — 14,48 11,22

finanza — — — — —EurizonAz.Finanza mmmmm 3,38 19,96 21,38 4,09 -1,60Fonditalia Eu Financials R mmmmm -1,59 10,03 — -5,88 -10,71Fonditalia Eu Financials T mmmmm -1,53 10,86 — -5,19 —msci financials 5,29 22,48 — 7,11 -0,68

informatica — — — — —EurizonAz.Tecn.Avanz mmmmm 5,37 0,70 5,18 5,92 3,90msci inform.technology 5,20 5,34 — 10,09 8,27

altrisettori — — — — —FMS- Eq.Glob.Resources# mmmmm -0,69 -8,04 -1,25 -0,55 —Fonditalia Eu Cyclicals R mmmmm 2,61 11,20 — 7,13 1,93Fonditalia Eu Cyclicals T mmmmm 2,67 12,03 — 7,89 —Fonditalia Eu Defensive R mmmmm 2,95 7,43 — 1,82 0,08Fonditalia Eu Defensive T mmmmm 3,00 8,23 — 2,54 —Fonditalia EuroT.M.T R mmmmm -0,04 -0,75 — -3,60 -4,00Fonditalia EuroT.M.T T mmmmm 0,02 — — -2,91 —Fonditalia FlexEm. MktsT mmmmm 0,15 1,38 — 2,25 —Fonditalia FlexEm.Mkts R mmmmm 0,08 0,82 — 1,70 0,97Inter.Int.Sec.NewEc mmmmm 4,75 10,26 — 10,11 6,56msci world 5,18 14,24 — 10,60 5,20

altrespecializzazioni — — — — —EurizonAz.Int. EticoE mmmmm 4,81 13,57 12,97 5,87 2,02msci world 5,18 14,24 — 10,60 5,20

bilanciatibil.azionari — — — — —Fonditalia Core3 R mmmmm 1,62 3,00 — 2,71 —Fonditalia Core3 T mmmmm 1,67 3,67 — 3,34 —IGMFdF Bilanciato Az. Cl.A# mmmmm 1,90 6,96 — 4,61 —IGMFdF Bilanciato Az. Cl.B# mmmmm 1,96 7,81 — 5,32 —PRIMAforza5 A# mmmmm 3,19 8,25 9,74 6,22 n.s.PRIMAforza5 B# mmmmm 3,17 8,23 9,74 6,20 —PRIMAforza5 Y# mmmmm 3,26 9,22 9,74 7,12 3,00UBIPra. Port. Aggressivo mmmmm 2,60 8,14 11,22 3,78 2,07UBIPra. Privilege 4# mmmmm 2,76 9,84 10,27 4,21 -0,4470%msciworld&30%jpm emu 3,82 12,12 — 8,72 5,13

bilanciati — — — — —AllianzMulti50# mmmmm 2,21 5,84 10,47 4,58 2,09Alto Bilanciato mmmmm 1,71 3,60 7,24 3,78 2,16







ArcaBB mmmmm 0,98 7,84 8,80 3,80 1,95BancoPostaMix 2 mmmmm — 7,93 7,91 4,99 3,40CarigeBilanciato 50 A mmmmm -0,56 5,65 9,58 3,22 0,82ConsultinvestBilanciato mmmmm 1,21 6,30 — 2,50 0,34EpsilonDLongRun mmmmm 0,46 4,86 6,41 1,92 0,77EticaBilanciato IEY mmmmm 3,57 12,19 — — —EticabilanciatoE mmmmm 3,51 11,21 — 6,73 5,74EurizonBil.Euro Multi.# mmmmm 1,72 9,39 10,57 4,36 1,77EurizonSoluzione 40 mmmmm 1,96 7,06 8,93 3,71 2,42EurizonSoluzione 60 mmmmm 2,72 7,46 9,65 3,70 1,42Euromob.Bilanciato mmmmm 1,67 7,59 9,87 4,69 0,95Fideuram Bilanciato mmmmm 0,82 6,41 7,92 n.s. n.s.Fondersel mmmmm 1,65 5,20 6,10 3,18 1,95Fonditalia Core2 R mmmmm 1,26 2,82 — 2,59 —Fonditalia Core2 T mmmmm 1,31 3,45 — 3,18 —GestnordBilanciato Euro mmmmm 0,59 4,72 9,67 0,34 -0,42Nextam Part.Bilanciato mmmmm 0,66 2,33 — -0,11 0,90PRIMAforza4 A# mmmmm 2,44 7,74 9,42 5,75 n.s.PRIMAforza4 B# mmmmm 2,46 7,74 9,42 — —PRIMAforza4 Y# mmmmm 2,51 8,47 9,42 6,46 3,34Star Coll.Bil.PaesiEm.# mmmmm 2,09 — — — —SynergiaBilanciato 50 mmmmm 0,80 7,19 8,26 1,65 —UBIPra. Port. Dinamico mmmmm 2,36 4,59 8,07 3,44 3,05UBIPra. Privilege 3# mmmmm 2,71 8,90 8,28 4,32 1,2150%msciworld&50%jpm emu 2,70 9,61 — 7,47 5,01

bil.obbligazionari — — — — —AllianzMulti20# mmmmm 1,16 5,73 8,12 4,21 3,09Alpi Bilanciato mmmmm 1,13 n.s. 0,06 n.s. n.s.ANM Anima Cap.PiùBil15 A# mmmmm 0,34 4,31 6,37 1,74 —ANM Anima Cap.PiùBil15 F# mmmmm — — — — —ANM Anima Cap.PiùBil15 N mmmmm — — — — —ANM Anima Cap.PiùBil30 A# mmmmm 0,57 5,07 8,30 1,69 —ANM Anima Cap.PiùBil30 F# mmmmm — — — — —ANM Anima Cap.PiùBil30 N mmmmm — — — — —ANM Anima VisconteoA mmmmm 1,46 5,89 6,99 3,01 2,93ANM Anima VisconteoF mmmmm — — — — —ArcaTE mmmmm 1,81 7,01 7,95 5,30 4,63CarigeBilanciato 30 mmmmm -0,17 5,71 6,16 3,38 2,34Fonditalia Core1 R mmmmm 0,75 3,93 — 2,35 —Fonditalia Core1 T mmmmm 0,79 4,45 — 2,83 —PRIMAforza3 A# mmmmm 1,20 4,95 6,87 3,89 n.s.PRIMAforza3 B# mmmmm 1,20 4,97 6,87 3,90 —PRIMAforza3 Y# mmmmm 1,25 5,60 6,87 4,45 3,45Swiss& GlobalChallen IY mmmmm 0,71 — — — —Swiss& GlobalChallen R mmmmm 0,67 3,33 — 2,91 0,23SynergiaBilanciato 30 mmmmm 0,54 5,82 6,78 2,02 —UBIPra. B. EuroRis. Cont. mmmmm 0,66 2,23 4,80 0,47 0,75UBIPra. Port. Moderato mmmmm 1,77 2,88 5,65 2,76 3,15UBIPra. Privilege 1# mmmmm 1,50 6,35 6,01 2,80 1,98UBIPra. Privilege 2# mmmmm 2,16 7,82 7,14 3,59 1,6730%msciworld&70%jpm emu 1,85 8,51 — 6,12 4,96

obbligazionariob.eurogovernativi b.t. 0,02 2,05 — 1,60 2,21AcomeABreve Term.A1 mmmmm -0,12 6,77 2,34 5,22 4,06AcomeABreve Term.A2 mmmmm -0,10 7,31 2,34 — —Alto EuroGovernativo B/T mmmmm -0,05 2,47 2,91 1,83 2,08AmundiBreve Termine mmmmm 0,17 3,83 2,79 1,48 2,31ANM Anima SalvadanaioA mmmmm -0,03 1,18 2,16 -0,54 0,88ANM Anima SalvadanaioF mmmmm — — — — —ArcaMM mmmmm 0,25 5,81 5,22 3,95 3,87BancoPostaObbl. Eu BT mmmmm -0,06 2,03 2,31 2,09 2,50BancoPostaReplay12 mesi mmmmm 0,02 — — — —Bnl Obbl EuroBT mmmmm 0,20 1,90 2,53 2,04 2,66

CarigeBreve Termine mmmmm 0,07 1,97 1,61 1,82 2,04ConsultinvestBreve Term mmmmm -0,15 2,14 — 1,57 —Eticaobb.breve term.E mmmmm 0,12 1,47 — 1,21 1,95EticaObbl. BreveT. IEY mmmmm 0,15 1,77 — — —EurizonObbl. EuroBT A mmmmm 0,03 2,16 2,35 — —EurizonObbl. EuroBT D mmmmm 0,03 2,15 2,35 1,54 2,25Euromob.Prudente mmmmm — 2,01 2,24 1,40 2,03Fideuram Risparmio mmmmm -0,05 0,86 1,68 0,62 0,98FondacoEuro CashBY mmmmm 0,17 — — — —FondacoEuro CashY mmmmm 0,17 1,83 — 1,53 2,36FonderselReddito mmmmm 0,13 3,96 2,34 2,90 2,79FonditEur BndShort T R mmmmm 0,34 1,96 — 2,00 2,65FonditEur BndShort T T mmmmm 0,35 2,31 — 2,33 —Fonditalia Eu CurrencyR mmmmm -0,02 1,06 — 0,93 1,26Fonditalia Eu CurrencyT mmmmm — 1,36 — 1,22 —GestielleBT Cedola Cl.A mmmmm -4,32 -3,20 2,14 -1,40 0,56GestielleBT Cedola Cl.BY mmmmm -4,29 -2,75 — — —GIFocus Euro Gov. BT mmmmm 0,24 2,28 1,80 1,65 1,86Interf.Euro Currency mmmmm — 1,34 — 1,07 1,45LaurinBT mmmmm -0,10 1,26 2,09 1,07 1,51MalatestaBreveTermine mmmmm -0,13 2,24 2,24 1,82 2,36MediolanumRisp Dinam mmmmm -0,06 2,73 2,56 n.s. n.s.NordfondoObbl. B.TA mmmmm -0,10 1,89 1,52 1,27 1,92NordfondoObbl. B.TB mmmmm — — — — —Passadore BreveTermine mmmmm -0,12 2,18 2,24 1,76 2,22Pion.Eur Gov BT (ex Mon.)A mmmmm -0,01 1,56 2,24 1,93 2,29Pion.Eur Gov BT (ex Mon.)B mmmmm — — — — —PRIMA FixEuroA mmmmm 0,01 1,08 1,69 0,72 n.s.PRIMA FixEuroI mmmmm 0,02 1,31 1,69 0,94 1,59PRIMA FixEuroYY mmmmm 0,02 1,30 1,69 1,03 1,68PRIMA FixObbl. BT A mmmmm 0,02 1,65 2,50 1,06 n.s.PRIMA FixObbl. BT Y mmmmm 0,04 2,07 2,50 1,48 —SoprarnoPronti Termine mmmmm 0,20 5,87 1,68 2,87 2,87Symp. ObbBreveTerm mmmmm -0,12 2,78 1,98 1,92 2,49Symp. ObbRendita mmmmm -0,30 1,95 1,20 n.s. n.s.SynergiaObb.Rend. mmmmm -0,44 2,10 2,53 n.s. n.s.SynergiaObbl. EuroBT mmmmm -0,13 2,77 2,07 1,63 —TeodoricoBreveTermine mmmmm -0,11 2,26 2,24 1,88 2,40UBIPra. Euro BT mmmmm -0,04 1,25 2,34 1,12 2,23ZenitMc BreveTer Cl.I mmmmm 0,29 2,98 — 1,78 —ZenitMc BreveTer Cl.R mmmmm 0,27 2,56 2,42 1,43 2,36jpmgbi emu 1-3yr 0,30 2,79 — 1,59 2,94

ob.eurogovernativi m/l t 0,14 4,97 — 3,07 3,84AcomeAEurobb. A1 mmmmm -0,07 8,90 6,53 6,62 5,20AcomeAEurobb. A2 mmmmm -0,04 9,29 6,53 — —Agora Income mmmmm 0,22 0,74 4,96 — —AllianzRedditoEuro mmmmm 0,49 4,69 7,04 3,72 4,05ANM Anima Obbl.EuroA mmmmm 0,10 3,23 4,54 0,16 2,61ANM Anima Obbl.EuroF mmmmm — — — — —ANM Capitale PiùObbl. A# mmmmm 0,18 2,96 4,35 1,53 —ANM Capitale PiùObbl. F# mmmmm — — — — —ANM Capitale PiùObbl. N mmmmm — — — — —ArcaRR mmmmm 0,74 7,10 6,73 4,45 4,43AzimutRedditoEuro mmmmm -0,72 3,91 — 2,06 2,40BancoPostaObbl. Eu MLT mmmmm -0,01 4,53 5,53 4,28 4,29BnlObbl. EuroM/L T mmmmm 0,15 4,29 6,68 3,68 3,59CarigeObbl. Euro LTA mmmmm 0,64 7,35 8,36 5,78 5,22CarigeObbligaz. Euro A mmmmm 0,38 3,70 3,62 3,30 3,32EpsilonQincome mmmmm -0,10 7,21 7,16 2,85 4,04EurizonObbl. Euro mmmmm 0,18 7,20 6,05 4,01 4,46Euromob.Reddito mmmmm 0,22 5,51 6,05 3,06 3,52Fideuram Rendimento mmmmm -3,96 1,52 5,39 0,93 2,25FondacoEurogov Beta BY mmmmm 0,51 -1,58 — — —FondacoEurogov BetaY mmmmm 0,51 6,24 — 4,25 4,91







FonderselEuro mmmmm 0,24 6,05 6,53 4,25 4,20Fonditalia Eu B.LongT R mmmmm 0,33 8,57 — 5,33 5,29Fonditalia Eu B.LongT T mmmmm 0,36 9,01 — 5,73 —Fonditalia Eu B.Med. T R mmmmm 0,81 6,16 — 4,58 4,44Fonditalia Eu B.Med.T T mmmmm 0,84 6,59 — 4,98 —GestielleMT EuroCl.A mmmmm 0,43 3,64 4,32 0,95 2,31GestielleMT EuroCl.B mmmmm 0,47 4,27 — 1,43 —Interf.Euro BondLongT mmmmm 0,38 8,94 — 6,10 5,66Interf.Euro BondMed. T mmmmm 0,83 6,51 — 4,99 4,79Interf.Euro Short Term1-3 mmmmm 0,19 1,53 — 1,69 2,49Interf.Euro Short Term3-5 mmmmm 0,54 3,34 — 3,22 3,77MalatestaObblig. Euro mmmmm 0,29 3,70 4,40 2,54 2,96NordfondoObbl. EuroM.T. mmmmm 0,22 3,54 4,76 1,15 2,35PioneerEu Gov MT Dis A mmmmm 0,36 — — — —PioneerEu Gov MT Dis B mmmmm 0,36 — — — —PioneerObb.Euro Distr B mmmmm 0,61 — — — —PRIMA FixObbl. MLT A mmmmm 0,26 4,88 6,71 2,06 n.s.PRIMA FixObbl. MLT Y mmmmm 0,32 5,57 6,71 2,69 —RasLux B. Europe mmmmm — — — — —Symp. Obblig.Euro mmmmm 0,37 5,51 5,84 3,80 4,33SynergiaObbl. EuroMT mmmmm 0,40 5,79 5,26 3,70 —UBIPra. Euro M/L Term. mmmmm -0,69 3,52 7,04 2,61 3,95mlemu direct government 0,59 6,53 — 4,46 5,22

ob.eurocorp.invest.grade. 0,84 6,70 — 3,86 3,55AcomeAObblig.Corp. A1 mmmmm -0,01 13,55 8,12 3,95 4,11AcomeAObblig.Corp. A2 mmmmm 0,03 13,96 8,12 — —AmundiCorporate 3 anniY mmmmm 0,64 3,65 — -1,35 —ANM Anima Obb.Corpor. A mmmmm 0,98 8,79 6,80 2,76 3,53ANM Anima Obb.Corpor. F mmmmm — — — — —ArcaBondCorporate mmmmm 1,20 8,36 7,07 5,46 5,43BancoPosta Corp.2014 mmmmm -0,06 3,36 — — —CarigeCorporate EuroA mmmmm 0,92 5,82 7,36 4,30 3,93EurizonObbl. EuroCorp. mmmmm 0,99 6,53 6,77 3,57 2,48EurizonObbl. EuroCorp. BT mmmmm 0,27 3,59 3,88 2,61 1,18Euromob.Eu.Corp.BT mmmmm 0,46 4,18 4,35 n.s. n.s.FoiEu Corp BndS mmmmm 1,07 2,14 — — —Fonditalia Eu CorpBnd R mmmmm 1,07 5,01 — 3,57 4,04Fonditalia Eu CorpBnd T mmmmm 1,10 5,44 — 3,97 —Interf.Euro CorporateBd mmmmm 1,15 6,00 — 3,61 4,10NordfondoObbl. EuroCorp. mmmmm 1,07 8,00 6,85 5,05 6,19PioneerOb Eu Co EtDis AE mmmmm 1,07 7,56 8,14 5,06 5,13PioneerOb Eu Co EtDis BE mmmmm 1,06 — — — —PRIMA FixImprese A mmmmm 0,94 8,75 6,80 4,11 3,64PRIMA FixImprese Y mmmmm 1,01 9,48 6,80 4,76 4,25Symp. Obb.Corp. mmmmm 0,97 7,59 6,75 4,32 3,88SynergiaObbl Corporate mmmmm 0,96 7,16 6,92 4,24 —UBIPra. Euro Corp. mmmmm 1,05 7,62 8,11 4,29 5,67lehman euroaggr.corporate 1,26 8,10 — 5,70 5,88

ob.eurohigh yield — — — — —ANM Anima Ob HiYieldA mmmmm 0,55 0,12 0,87 -1,52 0,82ANM Anima Ob HiYieldAD mmmmm — — — — —ANM Anima Ob HiYieldF mmmmm — — — — —EurizonObbl. EuroHY mmmmm 1,08 10,63 12,18 6,26 8,28FoiBndGl. High YieldTY mmmmm 0,87 8,73 — 5,71 —FoiBondGl.High YieldS mmmmm 0,81 — — — —FoiBondGlobHighYield R mmmmm 0,81 7,93 — 5,26 6,32IfuBondGl. High Yield mmmmm 1,28 9,83 — 6,18 7,00PRIMA FixHigh Yeld Y mmmmm 0,92 11,03 13,14 7,60 8,71PRIMA FixHigh YieldA mmmmm 0,83 9,93 13,14 6,58 7,75mleuro high yield 1,30 14,93 — 10,90 11,88

ob.dollarogovernativi b.t. — — — — —EurizonBr.Ter.Dollaro mmmmm 3,83 1,19 1,72 1,18 2,91

EurizonBr.Ter.Dollaro$ mmmmm 3,84 1,04 1,72 1,09 2,80jpmgbi us 1-3y 3,93 2,15 — 2,77 5,15

ob.dollarogovernativi m/l t. 4,06 4,19 — 5,78 6,66AzimutRedditoUsa mmmmm 3,78 3,90 — 3,37 4,64FoiBondUS Plus R mmmmm 4,39 6,72 — 6,51 6,88FoiBondUs PlusS mmmmm 4,38 — — — —FoiBondUs PlusTY mmmmm 4,44 7,44 — 7,08 —GestielleBondDollars Cl.A mmmmm 4,18 3,47 4,69 6,50 6,96GestielleBondDollars Cl.B mmmmm 4,25 4,30 — 7,31 —IfuBondUS Plus mmmmm 4,38 6,81 — 6,23 6,95NordfondoObbl. Dollari mmmmm 3,87 2,85 3,65 5,02 6,18lehman us treasury 4,30 3,15 — 5,40 7,12

ob.int. governativi 2,51 1,74 — 3,59 4,41AllianzRedditoGlob mmmmm 2,90 -0,67 0,49 3,57 5,12Alto Internazion.Obbl. mmmmm 2,28 2,82 0,23 4,65 5,46ANM Anima PianetaA mmmmm 1,92 0,06 0,88 3,79 5,65ANM Anima PianetaF mmmmm — — — — —ArcaBondG. mmmmm 3,00 3,87 3,96 n.s. n.s.EurizonObbl. Internaz. mmmmm 2,57 1,94 0,61 4,60 5,14FondacoWorld G ABNoEBY mmmmm 2,52 -2,86 — — —FondacoWorld G ABNoEI mmmmm 2,51 2,82 — — —Fondersel Int.# mmmmm 2,81 3,83 0,49 4,02 6,22GestielleObbl. Intern. Cl.A mmmmm 2,72 -0,85 0,42 2,45 3,75GestielleObbl. Intern. Cl.B mmmmm 2,79 0,06 — 3,32 —PRIMA FixObbl. Glob A mmmmm 1,81 -0,86 0,32 3,15 4,31PRIMA FixObbl. Glob Y mmmmm 1,87 -0,07 0,32 3,92 —UBIPra. Obb. Globali mmmmm 3,01 1,09 0,35 3,92 5,20jpmgbi global all.mat. 3,40 0,23 — 5,45 7,18

ob.int. corp.invest.gr. — — — — —UBIPra. Obb. Glob.Corp. mmmmm 1,14 6,60 7,00 6,54 6,02lehman aggregate corporate 1,26 8,10 — 5,70 5,88

ob.int. highyield — — — — —PioneerObb GloHY Dis A mmmmm 4,18 — — — —PioneerObb GloHY Dis B mmmmm 4,57 — — — —UBIPra. Obb. Gl.Alto Ren. mmmmm 0,83 9,69 12,84 9,73 8,06mlglobal high yield 1,03 13,39 — 11,71 11,73

ob.yen — — — — —Interf.BondJapan mmmmm 5,29 -9,51 — 1,76 5,97jpmgbi japan all.mat. 5,35 -8,67 — 3,06 7,94

ob.paesi emergenti 1,04 9,11 — 8,32 7,09ANM Anima Obb.Emerg A mmmmm 0,69 8,48 9,83 8,01 7,44ANM Anima Obb.Emerg F mmmmm — — — — —ArcaBoPaesi Em Val.Loc mmmmm 2,65 7,46 9,58 — —ArcaBondPaesi Em. mmmmm 0,09 9,26 10,27 8,50 6,61BnlObbl Emergenti mmmmm 4,19 10,46 12,51 10,18 10,00EurizonObbl. Emergenti mmmmm 0,33 6,66 8,52 6,81 5,98FonditBnd Glb EmMkt R mmmmm 0,19 8,58 — 8,49 5,71FonditBnd Glb EmMkt SY mmmmm 0,19 — — — —FonditBnd Glb EmMkt T mmmmm 0,21 8,92 — 8,80 —GestielleEm Mkts BoCl.A mmmmm 0,61 8,98 9,87 8,07 7,43GestielleEm Mkts BoCl.B mmmmm 0,69 10,12 — 9,14 —Interf.BondGlb Em Mkt mmmmm 0,16 8,17 — 8,48 5,66Interf.Em.Mkt Loc.Cur HY mmmmm -0,80 5,07 — — —Interf.Em.Mkt Loc.Curr mmmmm 2,92 7,77 — — —NordfondoObbl. Paesi Em. mmmmm 2,62 11,71 11,16 8,84 9,75PioneerOb Paesi Em Dis A mmmmm 2,59 10,63 10,59 9,65 10,28PioneerOb Paesi Em Dis B mmmmm 2,87 — — — —jpmembi global diversified 4,37 12,53 — 12,39 13,18







ob.altrespecializzazioni 0,36 4,97 — 3,32 4,03Alpi Bond mmmmm 0,15 n.s. 0,06 n.s. n.s.AmundiMultiCorp Dic 2012 mmmmm 0,04 1,72 — 2,63 —AmundiObbligaz. Euro mmmmm 0,34 9,29 6,93 3,87 —ANM Anima Convertibile mmmmm 1,74 4,75 10,29 2,13 2,96ANM Anima Riserva Emer.A mmmmm 1,76 — — — —ANM Anima Riserva Emer.F mmmmm — — — — —ANM Anima Riserva Glob.A mmmmm 0,64 — — — —ANM Anima Riserva Glob.F mmmmm — — — — —AureoCedola I -2016 mmmmm 0,09 — — — —AureoCedola II - 2017 mmmmm 0,33 — — — —AzimutTrendTassi mmmmm -1,21 4,22 — 2,74 2,43BancoPostaObbl Dic 2017 mmmmm 0,04 — — — —BancoPostaObbl. Feb14 mmmmm 0,02 3,19 — — —BCCCedola III Op- 2017 mmmmm — — — — —BNL 3X3 mmmmm — 0,02 5,95 — —CarigeForziere Euro mmmmm 0,11 n.s. 0,92 n.s. n.s.CarigeObb. GlobaleA mmmmm -1,12 3,08 6,90 n.s. n.s.EurizonObbl. CedolaA mmmmm 0,23 4,20 4,56 — —EurizonObbl. CedolaD mmmmm 0,23 1,02 4,56 0,75 2,34EurizonObbl. EticoE mmmmm 0,66 6,64 6,00 4,97 5,15FoiCore BondR mmmmm 0,81 5,39 — — —FoiCore BondT mmmmm 0,84 5,81 — — —FoiEu YieldPl S mmmmm 0,09 -0,11 — — —Fonditalia Eu YieldPl R mmmmm 0,08 1,20 — -0,03 n.s.Fonditalia Eu YieldPl T mmmmm 0,11 1,54 — 0,33 n.s.Fonditalia InflatLinked R mmmmm 0,39 5,11 — 6,18 4,26Fonditalia InflatLinked T mmmmm 0,43 5,54 — 6,59 —GestielleObbl. Corp. A mmmmm 0,65 11,77 9,49 7,04 7,64GestielleObbl. Corp. B mmmmm 0,72 12,74 — 7,17 —Interf. InflationLinked mmmmm 0,29 5,23 — 6,99 4,90InterfundGlob.Convert mmmmm 0,17 5,58 — — —NordfondoObbl. Conv. mmmmm 0,75 7,29 8,59 2,49 2,03PioneerCIM EuroFixIncome mmmmm 0,26 8,00 — 4,98 4,61PioneerObb.Euro Distr A mmmmm 0,62 6,02 6,93 4,88 4,87PRIMA FixEmergenti A# mmmmm 0,17 7,85 9,83 7,64 n.s.PRIMA FixEmergenti Y# mmmmm 0,25 8,93 9,83 8,67 6,82PRIMAforza1A mmmmm 0,63 2,61 3,22 2,43 n.s.PRIMAforza1B mmmmm 0,61 2,61 3,22 2,43 —PRIMAforza1Y mmmmm 0,64 2,96 3,22 2,78 2,07PRIMAforza2 A mmmmm 0,66 3,28 5,08 3,22 n.s.PRIMAforza2 B mmmmm 0,66 3,30 5,08 3,23 —PRIMAforza2 Y mmmmm 0,70 3,75 5,08 3,64 2,22RasLux Short T. Dollar mmmmm — — — — —RasLux Short T. Eur. mmmmm — — — — —Star Coll.ObbM/L Ter.# mmmmm 0,50 — — — —Star Coll.Obb. Inter.# mmmmm 3,44 — — — —UBIPra. Obb. Dollari mmmmm 4,53 5,45 5,31 7,04 8,35jpmglobal 3,40 0,23 — 5,45 7,17

ob.misti 0,27 5,01 — 2,65 2,64AcomeAPerform. A1 mmmmm -0,33 7,67 4,51 4,86 4,15AcomeAPerform. A2 mmmmm -0,28 8,26 4,51 — —AlleanzaObbligaz. mmmmm -0,36 4,29 7,05 0,46 1,58Alto Obbligazionario mmmmm -0,40 5,98 7,05 1,82 2,27AnimaTr. 18 It.Al.Pot.II mmmmm — — — — —AnimaTrag 18 It.Al.Pot. mmmmm — — — — —ANM Anima SforzescoA mmmmm 1,17 5,23 4,55 3,36 3,97ANM Anima SforzescoF mmmmm — — — — —ArcaObbligaz. Europa mmmmm 0,88 5,71 5,65 4,92 3,99BancoPostaMix 1 mmmmm 0,21 5,70 6,24 4,24 3,70CarigeBilanciato 10 mmmmm 0,08 5,25 4,86 3,66 2,97EticaObbl. MistoIEY mmmmm 0,83 4,52 — — —EticaObbligaz. mistoE mmmmm 0,79 3,91 — 3,57 4,03EurizonDiversEticoE mmmmm 0,79 5,44 4,95 3,53 3,69

EurizonRendita A mmmmm -0,21 3,07 2,74 — —EurizonRendita D mmmmm -0,21 1,82 2,74 0,96 0,98EurizonSoluzione 10 mmmmm 0,31 3,71 4,61 1,44 1,40Nextam Part.Obbl. Misto mmmmm 0,60 7,09 — 3,74 3,44NordfondoEtico ObMistoE mmmmm 0,40 5,19 6,18 0,56 1,73PioneerOb. Piu' Dis A mmmmm 0,51 4,61 3,25 5,17 4,05PioneerOb. Piu' Dis B mmmmm 0,50 — — — —Symp. Patrim. Redd. mmmmm 0,32 5,35 — 3,16 2,56SynergiaBilanciato 15 mmmmm 0,34 4,44 5,76 2,18 —UBIPra. Port. Prudente mmmmm 0,87 1,93 4,51 1,94 2,53Unicredit RedditoA# mmmmm 1,84 — — — —Unicredit RedditoB# mmmmm 1,84 — — — —ZenitMc Obbligaz. Cl.I mmmmm 0,18 3,85 — 2,18 —ZenitMc Obbligaz. Cl.R mmmmm 0,14 3,29 5,87 1,66 3,0680%jpm global&20%msci world 3,75 3,03 — 6,52 6,79

ob.flessibili 0,22 5,88 — 3,08 3,02AllianzObbligaz. Flessibile mmmmm -0,04 1,75 — 1,41 2,05AmundiMeta 2018 mmmmm — — — — —AmundiSoluzione Tassi mmmmm -0,61 -0,54 — -1,33 —AmundiTraguardo 3% mmmmm -0,16 — — — —AnimaTrag 2017 Ced4 II mmmmm -0,37 — — — —ANM Anima Risparmio A mmmmm -0,25 2,67 — 0,95 2,51ANM Anima Risparmio F mmmmm — — — — —ANM Anima Tr.18 M.CedII mmmmm -0,75 — — — —ANM Anima Trag 17Ced4 mmmmm -0,31 7,72 — — —ANM Anima Trag 17Ced4 3 mmmmm -0,52 — — — —ANM Anima Trag 2016Ced3 mmmmm -0,22 7,24 — — —ANM Anima Trag 2017M.Ced mmmmm -0,89 — — — —ANM Anima Trag 2018C.Sem mmmmm -0,59 — — — —ANM Anima Trag 2018T.Ced mmmmm -0,63 — — — —ANM Anima Trag II2016 mmmmm -0,16 7,37 — — —ANM Anima Traguardo2016 mmmmm 0,22 8,43 — — —ANM Anima Traguardo2018 mmmmm -0,30 9,55 — — —ArcaCedBondGlob Eur mmmmm 0,41 7,48 — — —ArcaCed.18 Obb.Attiva mmmmm — — — — —ArcaCed.18 Paesi Em.VL P mmmmm — — — — —ArcaCed.18 Paesi Em.VL R mmmmm — — — — —ArcaCed.Bo.2015 Alto Pot mmmmm 0,39 8,12 — 4,95 —ArcaCed.Bo.2015 Alto Pot.2 mmmmm 0,40 7,81 — — —ArcaCed.Bo.2016 Alto Pot.3 mmmmm -0,47 6,70 — — —ArcaCed.Bo.2017Alto Pot.4 mmmmm 0,17 8,88 — — —ArcaCed.Bo.2017Alto Pot.5 mmmmm 0,17 — — — —ArcaCed.Bo.2017Alto Pot.6 mmmmm 0,71 — — — —ArcaCed.BondGlob.Eu II mmmmm 0,38 6,43 — — —ArcaCed.BondGlob.Eu III mmmmm 0,76 6,97 — — —ArcaCed.BondPaesi Em. mmmmm 0,47 7,99 — — —ArcaCed.Corp.BondII mmmmm 0,25 3,07 — 3,44 —ArcaCed.Corp.BondIII mmmmm 0,34 3,14 — 3,06 —ArcaCed.Corp.BondIV mmmmm 0,55 3,89 — — —ArcaCed.Gov.Eu.Bond mmmmm 0,10 4,63 — 2,08 —ArcaCed.Gov.Eu.Bond II mmmmm 0,08 6,54 — 2,37 —ArcaCed.Gov.Eu.Bond III mmmmm -0,04 6,15 — 3,57 —ArcaCed.Gov.Eu.Bond IV mmmmm -0,06 4,92 — — —ArcaCedola Corp.Bond mmmmm 0,12 0,55 — 1,89 —BCCRisparmio Obbligaz. mmmmm -0,15 2,30 — 0,81 1,01BnlTargetReturn Liquid mmmmm 0,02 1,59 — 1,27 1,40CarigeForziere Obbligazionario mmmmm — — — — —CarigeObbl. Cedola A mmmmm 0,58 — — — —Consult High YieldCl. A mmmmm 0,54 9,20 — 4,73 4,04Consult RedditoCl. A mmmmm -1,47 7,18 — 1,79 1,66Consult RedditoCl. B mmmmm — — — — —Consult ValoreCl. A mmmmm -1,16 7,82 — 1,86 2,19Consult ValoreCl. B mmmmm — — — — —EurizonCed. Doc 02/19 mmmmm 1,15 — — — —







EurizonCed. Doc 04/19 mmmmm — — — — —Euromob.Emerg Mkt Bond mmmmm 1,08 5,04 — n.s. n.s.Euromob.Obiettivo 2015 mmmmm 0,67 6,50 — — —Euromob.Total Ret Flex2 mmmmm 0,38 2,64 — 1,61 2,02FoiGlobalBond R mmmmm -0,11 2,49 — — —FoiGlobalBond S mmmmm -0,11 -0,37 — — —FoiGlobalBond T mmmmm -0,08 2,92 — — —FonditEthical R mmmmm 0,01 — — — —FonditEthical TY mmmmm 0,01 — — — —Fonditalia FlexibBondR mmmmm 0,66 3,32 — n.s. n.s.Fonditalia FlexibBondS mmmmm 0,65 1,34 — — —Fonditalia FlexibBondT mmmmm 0,69 3,62 — n.s. n.s.GestielleCedFissa II A mmmmm 0,06 — — — —GestielleCedFissa II BY mmmmm 0,12 — — — —GestielleCedola Fissa mmmmm 0,50 — — — —GestielleCedola O.B.E. mmmmm -2,47 3,52 — — —GestielleCedola O.G.E. mmmmm -3,34 -2,23 — — —GestielleCedola Più mmmmm -0,72 — — — —GIFocus Obbligazionario mmmmm 0,93 -1,54 — 0,07 1,09MediolanumFleObb Glob mmmmm 0,49 8,86 — n.s. n.s.PRIMA Rend.Ass.ModeratoA mmmmm -0,71 0,84 — n.s. n.s.PRIMA Rend.Ass.ModeratoY mmmmm -0,66 1,39 — n.s. n.s.PRIMA Rend.Ass.PrudenteA mmmmm -0,43 1,30 — n.s. n.s.PRIMA Rend.Ass.PrudenteY mmmmm -0,40 1,46 — n.s. n.s.RitorniReali mmmmm -0,21 -2,56 2,24 -0,86 2,23Symp. Obb.Alto Pot. mmmmm 0,50 — — — —Symp. Obb.Din. Val. mmmmm 2,44 2,46 — n.s. n.s.SynergiaBondFlessib.PEI mmmmm -0,42 0,86 — — —UBIPra. Active Duration mmmmm -0,99 1,98 — 0,60 —UBIPra. Tot RetPr mmmmm 0,06 0,95 — 0,89 2,49UniCreditSoluzione BTA mmmmm -0,02 0,33 — — —UniCreditSoluzione BTB mmmmm -0,06 -0,16 — — —jpmgbi global all.mat. 3,40 0,23 — 5,45 7,18

ob.italia — — — — —ANM Anima TricoloreA mmmmm -1,90 4,63 6,54 — —ANM Anima TricoloreF mmmmm — — — — —AzimutSolidity mmmmm -0,54 2,78 — 1,48 1,70BancoPostaObb.Ita Dic18 mmmmm -0,75 — — — —EpsilonItalyBo.Sh.Term A mmmmm -0,06 — — — —EpsilonItalyBo.Sh.Term B mmmmm -0,05 1,56 1,81 1,67 1,91EpsilonItalyBo.Sh.Term I mmmmm -0,03 — — — —EurizonObbl. ItaBT A mmmmm -0,21 4,18 3,66 1,88 1,79EurizonObbl. ItaBT B mmmmm -0,18 4,50 3,66 2,17 2,07PioneerOb.Sist.It Dis A mmmmm -1,39 4,94 6,90 — —PioneerOb.Sist.It Dis B mmmmm -1,41 — — — —jpmgbi italy tradedindex -1,65 5,87 — 3,52 4,71

monetariarea euro — 1,35 — 1,08 1,38AcomeALiquidita' A1 mmmmm 0,06 5,08 0,99 n.s. n.s.AcomeALiquidita' A2 mmmmm 0,05 5,08 0,99 — —Agora Cash mmmmm 0,09 0,85 0,81 1,39 2,22AllianzLiquidita'A mmmmm -0,03 0,58 0,99 0,87 1,30AllianzLiquidita'B mmmmm -0,02 0,89 0,99 1,19 1,63AmundiLiquidita' mmmmm 0,01 0,92 0,56 0,83 1,22Anfiteatro Tesoreria mmmmm — — — — —ANM Anima Liq. EuroA mmmmm — — — — —ANM Anima Liq. EuroF mmmmm — — — — —ANM Anima Liq. EuroI mmmmm 0,01 0,92 0,44 1,41 2,03AzimutGaranzia mmmmm 0,02 1,46 — 1,29 1,40BancoPostaLiquid. EuroG mmmmm 0,02 1,53 1,31 n.s. n.s.BCCMonetario mmmmm -0,02 0,63 0,86 0,43 0,97Bnl Cash mmmmm -0,04 0,64 0,98 0,60 1,17

EurizonTesor.EuroA mmmmm 0,03 1,48 1,25 1,15 1,47EurizonTesor.EuroB mmmmm 0,06 1,80 1,25 1,44 —Euromob.Conservativo mmmmm -0,03 1,25 1,83 0,90 1,16Fideuram Moneta mmmmm -0,03 1,15 1,68 1,00 1,25NordfondoLiquidità mmmmm -0,02 1,44 0,71 1,00 1,50PioneerLiquidita'Euro mmmmm -0,02 0,85 0,18 1,04 —SynergiaTesoreria mmmmm 0,04 1,23 0,99 0,94 —UBIPra. Euro Cash mmmmm -0,04 1,21 0,99 1,03 1,43jpmigbi 3m cash 0,03 0,81 — 1,28 2,22

flessibilifondiflessibili 0,43 3,86 — 1,66 0,508a+GranParadiso mmmmm -0,89 -3,06 — -0,73 —8a+Latemar mmmmm -0,28 3,26 — 1,69 1,76AbisFlessibile mmmmm -1,00 6,23 — 2,64 1,70AcomeAEtf Attivo A1 mmmmm -0,76 5,09 — n.s. n.s.AcomeAEtf Attivo A2 mmmmm -0,68 6,13 — — —AcomeAPatr. Aggr.A2 mmmmm 1,65 7,54 — — —AcomeAPatr. Aggr.A1 mmmmm 1,56 6,23 — -0,74 -4,41AcomeAPatr. Dinam.A1 mmmmm 0,77 7,78 — 2,48 0,49AcomeAPatr. Dinam.A2 mmmmm 0,84 8,27 — — —AcomeAPatr. Prud. A1 mmmmm -0,63 4,95 — 5,10 3,48AcomeAPatr. Prud. A2 mmmmm -0,57 4,64 — — —Agora 4Invest mmmmm 0,64 — — — —Agora Pegasus mmmmm -0,75 — — — —Agora Selection# mmmmm -1,27 -2,19 — -0,55 -0,08Agora ValoreProtetto mmmmm 0,04 1,73 — 2,68 3,14Agoraflex QY mmmmm -0,92 — — — —Agoraflex R mmmmm -1,03 0,01 — 2,29 3,06AlaricoRe mmmmm -6,25 -10,24 — -7,62 -5,82AlkimisCap UcitsAcc. mmmmm -0,15 5,29 — 2,73 —AlkimisCap UcitsCoup. mmmmm -0,18 — — — —AllianzGlobalStrategy 15 mmmmm 0,30 1,97 — 1,54 1,48AllianzGlobalStrategy 30 mmmmm 0,59 2,81 — 1,94 0,97AllianzGlobalStrategy 70 mmmmm 1,56 5,62 — 2,27 1,92AmundiAbsolute# mmmmm -0,54 1,99 — 0,77 0,74AmundiEquipe 1# mmmmm 0,06 1,75 — 0,97 1,34AmundiEquipe 2# mmmmm 0,15 3,28 — 1,60 1,63AmundiEquipe 3# mmmmm 0,33 4,15 — 2,09 1,96AmundiEquipe 4# mmmmm 0,53 4,10 — 2,65 1,59AmundiEu Brasile 2016G mmmmm -0,64 -9,80 — — —AmundiEu Bric 2017GY mmmmm -0,43 -0,93 — — —AmundiEu Bric Rip 2014 mmmmm 0,02 5,97 — 5,34 —AmundiEu China DW mmmmm -5,26 -3,14 — 0,94 —AmundiEu Cina Ripr 2015 mmmmm -2,58 3,90 — — —AmundiEu Cr.Ar.Euro 19G mmmmm — — — — —AmundiEu Cr.Az 2017G mmmmm -2,21 5,13 — — —AmundiEu Cr.Az II 2017G mmmmm -0,90 7,79 — — —AmundiEu Cr.Fin 2015G mmmmm -0,84 6,34 — — —AmundiEu Cr.Fin 2017G mmmmm -2,18 8,17 — — —AmundiEu Cr.Ita 2015G mmmmm -2,26 3,73 — — —AmundiEu Cr.Ita 2018G mmmmm -5,68 4,70 — — —AmundiEu Cr.Set.Imm17G mmmmm 1,50 16,43 — — —AmundiEu Cr.Tai 2018G mmmmm 1,85 10,73 — — —AmundiEu CV 17G mmmmm -0,99 3,06 — — —AmundiEu CV 18G mmmmm -0,33 — — — —AmundiEu Dop Opp 2014 mmmmm 0,21 4,67 — 3,95 —AmundiEu Double CallG mmmmm 1,16 1,24 — 0,67 —AmundiEu Double WinG mmmmm 1,65 11,96 — 5,08 —AmundiEu DoWin 2013 mmmmm 0,38 5,97 — 2,26 —AmundiEu EuEmRip17GY mmmmm 2,54 8,49 — — —AmundiEu Ma.In.DpOp18G mmmmm -0,31 — — — —AmundiEu Mat Pr 2015G mmmmm 0,93 4,00 — — —AmundiEu Merc. Em.18G mmmmm 0,13 — — — —







AmundiEu P IV 2017G mmmmm 0,82 6,83 — — —AmundiEu Sv M P2016GY mmmmm -2,43 -1,99 — — —AmundiEu Sv.It-Fr-Sp18G mmmmm -2,01 — — — —AmundiEu Svi. Russia18G mmmmm -0,97 — — — —AmundiEu Svi.Germa18G mmmmm -0,13 — — — —AmundiEu Svil.En. 2016G mmmmm -2,05 -3,45 — — —AmundiEu Svil.Merc.Em17G mmmmm -0,86 -0,65 — — —AmundiEu Utilit.DopOp18G mmmmm -1,52 — — — —AmundiEu.Cr.Cina 2017G mmmmm -3,60 4,99 — — —AmundiEu.En.DpOp18GY mmmmm -2,45 — — — —AmundiEu.Sv.Gr.Cina18G mmmmm -1,08 — — — —AmundiEur. BRICT Pr17G mmmmm 0,35 2,79 — — —AmundiEur.Svil.USA 2016G mmmmm 1,31 11,48 — — —AmundiEur.Svil.USA 2018G mmmmm 1,48 — — — —AmundiEureka Cina2015G mmmmm -2,47 0,90 — — —AmundiEureka DragonG mmmmm 0,90 5,32 — 4,99 —AmundiEureka Or 2015G mmmmm -0,44 6,09 — — —AmundiEureka Rip.2014 mmmmm 0,81 7,07 — 3,97 —AmundiEureka Rip.2016G mmmmm 1,20 11,97 — — —AmundiEureka Rip.22014 mmmmm 0,88 8,12 — 3,68 —AmundiEureka Sett.2016G mmmmm 0,67 4,40 — — —AmundiEureka Usa2015G mmmmm 0,41 6,22 — — —AmundiFoEurEqOp2 2013 mmmmm 0,18 7,56 — 4,07 —AmundiFoGaEMEqRe 2014 mmmmm 0,17 0,68 — 1,35 —AmundiFoGaEMEqRe2013 mmmmm 0,04 0,41 — 0,96 1,10AmundiFoGaEqRe2 2013 mmmmm 0,06 0,51 — 1,74 1,12AmundiFor EU.Eq.Op 2013 mmmmm 0,02 7,62 — 4,40 1,49AmundiFor GarDue 2013 mmmmm -0,02 0,49 — 1,38 1,42AmundiForGaEqRe 13 mmmmm 0,10 1,31 — 2,10 1,58AmundiForGaEqRe 14 mmmmm 0,49 0,97 — 0,75 —AmundiForGarHiDiv 14 mmmmm 0,20 1,58 — 1,41 0,27AmundiFormula Gar.2013 mmmmm -0,02 0,22 — 1,01 1,34AmundiPiu'# mmmmm -0,26 2,15 — 1,45 1,71AmundiPremium Power mmmmm 0,02 1,15 — 0,54 0,21AmundiPrivate Alfa# mmmmm 0,02 -0,80 — 0,11 -0,53Anfiteatro TotalReturn mmmmm — — — — —ANM Anima Alto Pot.Gl.A mmmmm 0,18 2,66 — 2,79 1,55ANM Anima Alto Pot.Gl.F mmmmm — — — — —ANM Anima FondoTrading A mmmmm 0,77 7,14 — 3,44 0,58ANM Anima FondoTrading F mmmmm — — — — —AnthiliaOrangeY# mmmmm 0,32 3,76 — 1,91 1,19AnthiliaYellow mmmmm 1,04 9,01 — 2,17 2,41ArcaCap.Gar. Dic2013G mmmmm 0,54 2,76 — 1,13 —ArcaCap.Gar. Giu2013G mmmmm -0,08 0,08 — -0,29 0,28ArcaCashPlus mmmmm 0,38 3,85 — n.s. n.s.ArcaFormEuStoxx (R)2015 mmmmm -2,60 7,14 — — —ArcaFormII EStox (R)2015 mmmmm -1,79 7,30 — — —ArcaRendimento Assol t3 mmmmm 0,89 5,92 — 4,60 2,68ArcaRendimento Assol t5 mmmmm 1,75 9,22 — 7,26 3,62AzimutDinamico mmmmm 0,51 3,35 — 1,20 0,43AzimutScudo mmmmm -0,18 3,77 — 2,52 2,28AzimutStr. Trend mmmmm 1,17 8,79 — 5,17 2,65AzimutTrend mmmmm 2,33 7,94 — 7,78 3,13AzimutTrendAmerica mmmmm 3,92 11,00 — 8,33 3,43AzimutTrendEuropa mmmmm 1,75 9,59 — -1,38 -5,73AzimutTrendItalia mmmmm -4,02 -1,51 — -4,77 -7,91AzimutTrendPacifico mmmmm 5,50 6,39 — 3,51 0,88BancoPosta Extra mmmmm 0,89 2,45 — 1,46 1,55BancoPosta StepG mmmmm -0,12 -1,48 — — —BancoPosta TrendG# mmmmm — 2,65 — 1,52 —BancoPostaInv Pr 90 mmmmm 0,74 2,07 — 0,67 0,39BancoPostaObbl Giu 2015 mmmmm 0,17 3,47 — — —BancoPostaObbl Giu 2017 mmmmm 0,10 — — — —BCCCedola III -2017 mmmmm — — — — —BCCCrescita Bilanciato mmmmm -0,28 3,58 — 0,69 -1,51

BCCInvestimento Azion. mmmmm 0,38 2,56 — -1,98 -5,57BCCSelez. Crescita# mmmmm 1,25 n.s. — n.s. n.s.BCCSelez. Investimento# mmmmm 1,91 4,73 — 4,10 0,59BCCSelez. Opportunità# mmmmm 0,55 n.s. — n.s. n.s.BCCSelez. Risparmio# mmmmm 0,23 n.s. — n.s. n.s.BnlProtezione mmmmm 0,30 0,06 — -0,87 1,54BNPP100%e Piu' Gr AsiaG mmmmm -0,28 -2,63 — -0,94 0,93BNPP100%e Piu' Gr EurG mmmmm -0,04 -0,65 — -0,12 0,53BNPPEquipe Attacco# mmmmm 0,78 1,11 — 0,98 -0,07BNPPEquipe Centrocampo# mmmmm 0,66 0,95 — 0,73 0,21BNPPEquipe Difesa mmmmm 0,04 2,09 — 0,56 1,65CarigeForziere Dinamico mmmmm — — — — —CarigeTotal Return 1 mmmmm -0,19 0,75 — 0,45 0,45CarigeTotal Return 2 mmmmm -0,29 -1,25 — -0,78 -2,60Consult Alto Div.Cl. A mmmmm 2,23 6,75 — 4,54 1,59Consult Alto Div.Cl. B mmmmm — — — — —Consult High YieldCl. B mmmmm — — — — —Consult Multi LowVol A# mmmmm 0,36 — — — —Consult Multi LowVol B# mmmmm 0,36 — — — —Consult Multi Med Vol A# mmmmm — — — — —Consult Multi Med Vol B# mmmmm 0,78 — — — —Consult Multi OpportA# mmmmm 0,30 — — — —Consult Multi OpportB# mmmmm 0,30 — — — —ConsultinvestMercati Em mmmmm 0,96 1,25 — 1,27 0,89ConsultinvestMulti Flex A# mmmmm 0,79 6,06 — 3,41 —ConsultinvestMulti Flex B# mmmmm 0,81 — — — —ConsultinvestPlus mmmmm -0,75 8,74 — 3,61 —ECCapProtetto 12/14P mmmmm -0,19 2,23 — 1,79 —EpsilonQReturn mmmmm 0,80 7,94 — 3,24 2,84EurizonF. Gar.03/13G# mmmmm -0,10 -0,15 — 0,36 0,83EurizonF. Gar.09/12G# mmmmm -0,10 -0,02 — 0,22 1,15EurizonF. Gar.12/12G# mmmmm -0,08 -0,23 — 0,25 1,00EurizonF. Gar.3tri07G# mmmmm -0,02 1,16 — 0,03 0,41EurizonF. Gar.4tri07G# mmmmm -0,02 0,31 — 0,04 0,66EurizonGes.At.Cla02/18# mmmmm 0,24 — — — —EurizonGes.At.Cla04/18# mmmmm — — — — —EurizonGes.At.Cla11/17# mmmmm 0,53 — — — —EurizonGes.At.Cla7/17# mmmmm 0,55 — — — —EurizonGes.At.Cla9/17# mmmmm 0,53 — — — —EurizonGes.At.Din 02/18# mmmmm 0,56 — — — —EurizonGes.At.Din 04/18# mmmmm — — — — —EurizonGes.At.Din 11/17# mmmmm 1,13 — — — —EurizonGes.At.Din 9/17# mmmmm 1,16 — — — —EurizonGes.At.Din. 7/17# mmmmm 1,19 — — — —EurizonGes.At.Opp02/18# mmmmm 0,42 — — — —EurizonGes.At.Opp04/18# mmmmm — — — — —EurizonGes.At.Opp11/17# mmmmm 1,00 — — — —EurizonGes.At.Opp9/17# mmmmm 1,06 — — — —EurizonGes.At.Opp.7/17# mmmmm 1,03 — — — —EurizonGest.At.Cla 12/17# mmmmm 0,52 — — — —EurizonGest.At.Din12/17# mmmmm 1,13 — — — —EurizonGest.At.Opp 12/17# mmmmm 1,10 — — — —EurizonObiettivo Rend# mmmmm -0,05 2,27 — 1,63 1,52EurizonProfiloFle Dif.# mmmmm 0,26 2,29 — 1,58 1,49EurizonProfiloFle Equi# mmmmm 0,55 3,34 — 2,54 1,16EurizonProfiloFle Svil# mmmmm 1,18 4,29 — 3,51 1,20EurizonRend.Ass 2anni# mmmmm 0,09 2,42 — 1,43 —EurizonRend.Ass 3anni# mmmmm 0,23 2,78 — 1,21 1,33EurizonStra. Flessib 15G mmmmm -0,10 1,24 — 0,50 1,44EurizonStra.Pro 1tri12G# mmmmm 1,13 6,03 — 1,80 1,83EurizonStra.Pro 2tri12G# mmmmm 1,30 3,53 — 0,81 1,43EurizonStra.Pro IIITr11G# mmmmm 1,08 3,50 — 2,53 2,67EurizonTeam 1Cl A# mmmmm 0,19 1,90 — 1,39 1,61EurizonTeam 1Cl G# mmmmm 0,21 2,26 — 1,51 —EurizonTeam 2Cl A# mmmmm 0,29 2,21 — 1,61 2,11







EurizonTeam 2Cl G# mmmmm 0,32 2,53 — 1,82 —EurizonTeam 3 ClA# mmmmm 0,87 2,91 — 1,96 1,02EurizonTeam 3 ClG# mmmmm 0,92 3,41 — 2,44 —EurizonTeam 4Cl A# mmmmm 1,53 3,69 — 2,70 0,22EurizonTeam 4Cl G# mmmmm 1,50 4,28 — 3,25 —EurizonTeam 5Cl A# mmmmm 1,50 5,03 — 3,10 -0,15EurizonTeam 5Cl G# mmmmm 1,51 5,68 — 3,68 —Euromob.Real Assets mmmmm 0,88 -1,85 — 0,69 n.s.Euromob.Strategic Flex mmmmm 1,92 3,42 — 1,45 1,71Euromob.Tot. Ret. Flex3 mmmmm 0,88 2,86 — 1,48 -0,14Federico Re mmmmm — — — — —FMS- AbsoluteReturn# mmmmm 0,69 0,21 — -0,99 -1,99FocusClasse A mmmmm 0,75 — — 1,47 -0,32FocusClasse R mmmmm 0,77 5,84 — — —FoiFlexEurope R mmmmm -1,43 -3,32 — — —FoiFlexEurope T mmmmm -1,37 -2,70 — — —FoiFlexItaly R mmmmm 0,35 7,86 — — —FoiFlexItaly T mmmmm 0,39 8,34 — — —FondacoGlobal Opport. BY mmmmm — — — — —FondacoGlobal Opport.Y# mmmmm 1,31 1,29 — 3,67 2,09FonderselWorld All.# mmmmm -0,10 2,03 — -0,14 -1,47FonditFlexib DynamicR mmmmm 2,38 10,66 — 4,42 -2,59FonditFlexib DynamicT mmmmm 2,01 8,68 — 4,12 —FonditFlexib StrategyR mmmmm 0,85 5,61 — 1,18 0,12FonditFlexib StrategyS mmmmm 0,85 2,63 — — —FonditFlexib StrategyT mmmmm 0,88 6,06 — 1,64 —Fonditalia FlexMulti R mmmmm 1,62 1,13 — 0,75 —Fonditalia FlexMulti T mmmmm 1,66 1,55 — 1,29 —Fonditalia FlexibGrowthR mmmmm 0,63 1,79 — 1,60 -0,35Fonditalia FlexibGrowthT mmmmm 0,66 2,12 — 1,96 —Formula 1Absolute mmmmm -0,25 3,36 — -1,48 -2,69Formula 1Conservative mmmmm 0,15 6,04 — 0,70 -0,67Formula 1Target2013 mmmmm 0,20 3,42 — 0,71 0,05Formula 1Target2014 mmmmm 0,17 4,53 — 0,19 -1,79GestielleAbsolute R mmmmm 0,02 6,32 — -0,25 1,61GestielleD Opp.2015 FAFG mmmmm 1,19 9,57 — — —GestielleGA PLUS mmmmm -1,07 5,60 — 0,41 1,51GestielleHarmonia Dinam.# mmmmm 0,58 4,13 — 0,50 —GestielleHarmonia Mod.# mmmmm 0,56 3,31 — 0,74 —GestielleMult.Ab.Ret R# mmmmm — — — — —GestielleMult.Ab.Ret.I# mmmmm 0,58 5,13 — — —GestielleOb America mmmmm 0,46 6,19 — n.s. n.s.GestielleOb Brasile mmmmm -0,37 -4,93 — — —GestielleOb Cina mmmmm -1,37 3,07 — n.s. n.s.GestielleOb East Europe mmmmm -1,57 -0,78 — n.s. n.s.GestielleOb India mmmmm -1,06 1,29 — n.s. n.s.GestielleOb Internaz. mmmmm 0,38 6,56 — n.s. n.s.GestielleOb Piu' IIP mmmmm 0,26 8,22 — — —GestielleOb Piu'P mmmmm 0,04 4,38 — — —GestielleOb Risp A mmmmm 0,09 4,50 — n.s. n.s.GestielleOb Risp B mmmmm 0,12 4,98 — n.s. n.s.GestielleOb. CedolaP mmmmm -0,74 6,60 — — —GestielleOb. Em. Mkt mmmmm 0,67 3,79 — n.s. n.s.GestielleOb. Europa mmmmm 0,94 12,09 — n.s. n.s.GestielleOb.Italia mmmmm -4,29 2,13 — n.s. n.s.GestielleOb.Piu' ValoreP mmmmm -0,24 8,25 — — —GestnordAsset Allocation mmmmm 2,19 1,05 — 1,62 -1,93GIFocus Azionario mmmmm 0,37 -1,14 — 0,48 -4,42IGMFdF Flessibile Cl.A# mmmmm 0,24 3,78 — 1,00 —IGMFdF Flessibile Cl.B# mmmmm 0,28 4,46 — 1,62 —Interf.System Evolution mmmmm 0,32 4,45 — 1,74 0,75InterfundSystem 100 mmmmm -0,12 -0,34 — 0,31 -1,94

InterfundSystem 40 mmmmm — — — — —InvestitoriFlessibile mmmmm -0,52 5,01 — 0,62 0,58ItalfortuneGlob TotRet mmmmm 0,11 5,19 — 0,79 n.s.KairosIncome mmmmm — 0,76 — 0,56 1,10KairosSmall Cap mmmmm -0,21 6,67 — 2,34 -0,23Macro F.o. mmmmm 0,77 2,33 — -0,42 -3,31MediolanumFleStrateg. mmmmm -1,30 1,11 — n.s. n.s.MediolanumFles. Ita. mmmmm -2,96 5,09 — n.s. n.s.MediolanumFles.Glo. mmmmm 3,02 7,57 — n.s. n.s.OpenFund Rit. Ass. Var2# mmmmm 0,37 0,51 — 0,27 0,83OpenFund Rit.Ass Var4# mmmmm 0,16 -0,65 — -0,97 -0,12PioneerTarget Controllo A mmmmm 0,74 3,42 — 2,61 2,31PioneerTarget Controllo B mmmmm 0,74 — — — —PRIMAstratEu PMI AlPoY mmmmm 0,96 6,48 — 2,04 n.s.PRIMAstratEu AltoPot A mmmmm 0,24 6,69 — 3,65 3,39PRIMAstratEu AltoPot Y mmmmm 0,27 7,45 — 4,52 3,99PRIMAstratEu PMI AlPoA mmmmm 0,98 5,51 — 1,39 n.s.PRIMAstrat ItAltoPot A mmmmm -2,57 4,77 — 4,05 1,78PRIMAstrat ItAltoPot Y mmmmm -2,50 5,68 — 4,62 2,25RaiffeisenStrat. Fonds mmmmm -0,02 — — — —Sofia Flex mmmmm — — — — —SoprarnoGlobal Macro A mmmmm 1,02 -7,44 — 0,08 -0,05SoprarnoGlobal Macro BY mmmmm 1,07 -6,97 — 0,53 —SoprarnoInflaz. 1,5%BY mmmmm 0,29 0,03 — 1,90 —SoprarnoInflaz. 1,5%A mmmmm 0,28 -0,21 — 1,66 2,27SoprarnoRelat ValueA mmmmm -0,16 3,24 — 1,17 2,61SoprarnoRelat. ValueBY mmmmm -0,14 3,79 — 1,63 —SoprarnoRit. Ass A mmmmm 0,52 0,56 — 2,48 2,08SoprarnoRit. Ass. BY mmmmm 0,59 1,09 — 3,03 —Star Coll.Multi Ass.Gl# mmmmm 0,46 — — — —Symp. AsiaFles. mmmmm 3,16 14,70 — 7,13 1,93Symp. Fortissimo mmmmm 2,30 12,14 — 0,38 -3,35Symp. Patrim. Attivo mmmmm 1,30 4,98 — 1,84 1,25Symp. Tematico mmmmm -1,76 3,23 — 1,02 -1,18SynergiaTotal Return mmmmm 0,11 3,69 — 1,57 —TempiD'IN-PRESA mmmmm -0,64 4,25 — — —UBIPra. Active Beta mmmmm 0,26 0,31 — -1,00 —UBIPra. Alpha Equity mmmmm 0,78 -0,08 — -1,37 —UBIPra. Tot. Ret. Din. mmmmm 0,40 0,50 — -1,46 -2,04UBIPra. Tot.Ret. Moderato A mmmmm -1,25 -1,76 — -1,42 0,75UBIPra. Tot.Ret. Moderato B mmmmm -1,24 -1,57 — -1,25 0,90Unicredit Eco Reale A# mmmmm 1,18 — — — —Unicredit Eco Reale B# mmmmm 1,18 — — — —UniCreditSol.Pa. Em. A mmmmm 0,73 2,44 — — —UniCreditSol.Pa. Em. B mmmmm 0,67 1,90 — — —UniCreditSoluzione 20A# mmmmm 0,38 2,76 — — —UniCreditSoluzione 20B# mmmmm 0,35 2,32 — — —UniCreditSoluzione 40A# mmmmm 0,95 4,40 — — —UniCreditSoluzione 40B# mmmmm 0,92 3,89 — — —UniCreditSoluzione 70A# mmmmm 1,74 5,97 — — —UniCreditSoluzione 70B# mmmmm 1,68 5,39 — — —Unicredit TrendA# mmmmm 1,28 — — — —Unicredit TrendB# mmmmm 1,30 — — — —VolterraAbsolute R mmmmm -0,26 7,27 — -0,51 0,99VolterraDinamico mmmmm 0,47 3,79 — 0,63 —VolterraModerato mmmmm 0,41 2,90 — — —ZenitMc Evoluzione Cl.I mmmmm 0,21 n.s. — n.s. n.s.ZenitMc Evoluzione Cl.R mmmmm 0,09 n.s. — n.s. n.s.ZenitMc ParsecCl.I mmmmm — — — — —ZenitMc ParsecCl.R mmmmm -0,09 n.s. — n.s. n.s.msci world 5,18 14,24 — 10,60 5,20

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 -0,69 0,37 —LEE Ailis EuroCurrency mmmmm 1,31 1,21 1,73FLE Ailis RendimentoMisto mmmmm 3,59 -0,44 —

allianz global inv. selection fundsAZE EmergingMkts mmmmm 3,96 6,16 3,81LEE EuroLiquidity mmmmm 0,58 1,17 1,65AER Europe mmmmm 17,54 5,67 0,60AAP Pacific mmmmm 11,47 6,40 2,87AMA USA mmmmm 15,18 11,85 6,91

anima assetmgmtAnimaFundOEU Saving mmmmm 0,69 0,55 1,60AnimaPrima FundsAER Europe Eq.Prestige mmmmm 15,39 7,84 1,20OEU LifeShort Term Silver mmmmm 0,15 -0,24 -0,13LEE LiquidityA mmmmm 0,56 0,55 1,15LEE LiquiditySilver mmmmm 0,41 0,40 1,00OEU MediumTerm Bd Prest. mmmmm 5,80 3,44 3,85FLE SecureWorldEq. Silver mmmmm -0,99 -0,57 —FLE SecureWorldEq.2Silver mmmmm 5,89 4,23 —OEU Short TermBd Prest. mmmmm 1,29 1,24 2,20FLE Star High Potent.Eur.Prest. mmmmm 8,42 5,15 -0,47FLE Star MktNeutralEur.I mmmmm 0,02 2,81 —AMA U.S.Equity Prest. mmmmm 12,12 9,97 5,14

aperta sicavAZE Em. MktsEquities mmmmm -5,01 -1,02 —OEU EuroCorporateBonds mmmmm 3,26 1,07 3,00LEE EuroReserve mmmmm 0,98 0,85 —OIN GlobalBonds mmmmm -1,62 3,30 —AIN GlobalEquities mmmmm 5,99 5,20 1,95OEU Italian Bonds mmmmm 2,32 0,80 2,36

az fund mgmt s.a.Cl. AZ Fund(ACC)OEU AggregateBond Euro mmmmm 6,20 3,16 2,27OIN AlphaManager Credit mmmmm 4,45 3,12 1,42AIN AlphaManager Equity mmmmm 7,18 3,45 -2,13AIN AlphaManager Thematic mmmmm 2,25 2,38 -3,81AMA AmericanTrend mmmmm 12,04 7,94 2,87BIL AssetPlus mmmmm 3,52 1,49 —BIL AssetPower mmmmm 4,55 2,28 —BIL Conservative mmmmm 2,74 2,58 2,47AZE Em. Market Asia mmmmm 9,19 5,88 0,90AZE Em. Market Europe mmmmm 0,98 -2,23 -7,62AZE Em. Market Latin America mmmmm -2,65 -0,58 -1,71BIL EuropeanDynamic mmmmm 4,92 1,01 -0,02AER EuropeanTrend mmmmm 11,55 -1,62 -6,56FLE Formula1 -Absolute mmmmm 5,86 -1,31 -2,02FLE Formula1 -Alpha Plus mmmmm 1,75 1,56 —FLE Formula1 -Conservative mmmmm 3,68 -0,44 -1,42FLE FormulaMacro Dyn.Trad. mmmmm 4,57 0,86 —FLE FormulaTarget 2014 mmmmm 3,78 -0,32 -2,32OEU Income mmmmm 4,56 2,07 2,60FLE Italian Trend mmmmm -0,19 -5,79 -9,08AIN LongTerm Value mmmmm 9,75 2,96 1,90AER Opportunities mmmmm 13,87 6,92 0,00AAP Pacific Trend mmmmm 7,02 3,83 0,96BIL QBond mmmmm 2,13 -0,43 —FLE QProtection mmmmm 3,38 0,26 0,62

FLE QTrend mmmmm 1,37 -4,20 —LEE ReserveShort Term mmmmm 1,69 0,92 1,19OMI Solidity mmmmm 2,12 1,48 1,80FLE StrategicTrend mmmmm 8,99 5,02 2,50FLE Trend mmmmm 8,88 7,32 2,62OAM USIncome mmmmm 0,34 0,97 3,40

banque degroofAAP AsiaPacific Perf CCap mmmmm 5,69 0,75 -2,55AAP AsiaPacific Perf DCap($) mmmmm 7,08 2,91 1,47

baseinvest.s sicavOEU BondsValue mmmmm 13,48 4,00 6,82LEE Short TermEUR mmmmm 1,95 1,10 1,64

bgselection sicavAZE Africa&MiddleEast Eq mmmmm 3,97 -0,82 —AEU Anima -Italy Equities mmmmm 0,22 -6,97 —FLE ARC mmmmm 3,32 1,69 —FLE ARC10 mmmmm 5,47 3,22 —AZE EasternEurope Eq mmmmm -3,87 -3,94 -8,20AER GlobalDynamic mmmmm 7,64 3,46 -0,89AER Invesco-Europe Eq. mmmmm 11,50 2,47 —AZE LatinAmerica Eq mmmmm -7,69 -2,58 -2,52LEE Liquidity mmmmm 1,07 0,85 —AMA MorganStanley-N.Am.Eq. mmmmm 7,87 5,80 —AIN T-Cube mmmmm 5,93 1,07 —AAP Vontobel Pacific Equities mmmmm 8,14 0,80 —

bnp paribas assetmgmtFondicomuni didiritto franceseFLE Europa AltoPotenziale2 mmmmm 0,14 0,86 —FLE Gar.Eur.3Sett-Gen2010 mmmmm 2,27 1,11 —

bny mellon assetmgmtBNYMellon Global FundsAER ContinentalEurop. Eq.($) mmmmm 18,31 5,73 0,28AZE Em. MktsEq. ValueF. mmmmm -3,48 1,19 3,28OEU EuroGovtBond IdxTrack mmmmm 6,26 4,01 4,43OEU EurolandBond mmmmm 9,99 5,99 7,64OIN GlobalBond mmmmm 1,20 6,00 7,10OIN GlobalBond A$ mmmmm 0,95 5,66 6,70OIN GlobalBond($) mmmmm 1,46 6,19 7,23

cb-accentlux sicavOEU BondEuro mmmmm 7,39 4,89 4,61OIN Crossinvest Bond mmmmm 6,43 4,24 —OIN Swan Bond Opport. mmmmm 1,64 2,34 —FLE Swan Flexible mmmmm 0,92 0,35 —AER SwissEquity(Chf) mmmmm 23,78 10,26 6,42

credit suisseCSInvest (Lux)FLE IndexBlink B mmmmm 7,67 6,48 1,82OIN LondiniumGlobalBdsB mmmmm 3,17 2,96 —AIN LondiniumGlobalEq B mmmmm 9,79 1,55 0,17

dncaOCO DNCAConvertibles mmmmm 9,79 5,30 —SICAVDNCA InvestOCO DNCAConvertibles mmmmm 8,99 4,53 —FLE DNCAEurose mmmmm 6,97 3,60 4,79FLE DNCAMiura mmmmm 1,40 1,78 —

datial 06.03.2013 rating perf.% rendim rendimcateg. fondi cfs lorda annuo annuo

1anno 3 anni 5anni


1anno 3 anni 5anni


sicav e fondi esteri autorizzati

duemmesicavFLE GlobalTact.Asset Alloc. mmmmm 4,40 1,85 —

edmond de rothschild fundOCO Europ.Convert. BdsA C mmmmm 9,94 2,31 3,83

erselgestion inter.eOEU GloberselCorp. Bond mmmmm 7,29 4,06 2,39AIN GloberselEquity A mmmmm 13,67 8,53 4,27AZE LeaderselEm. Market Mult. mmmmm 5,56 5,04 0,34OEU LeaderselGlobalAsset mmmmm 1,30 1,10 —

eurizoncapital s.a.EpsilonFundOEU EuroBond mmmmm 8,25 5,66 6,37LEE EuroCash mmmmm 1,67 1,54 —EurizonFocus Formula FundFLE FormulaAzioni 2015-1 mmmmm 0,99 — —FLE FormulaAzioni 2015-2 mmmmm 2,09 — —FLE FormulaAzioni 2015-3 mmmmm 2,18 — —FLE FormulaAzioni 2015-4 mmmmm 2,01 — —FLE FormulaAzioni 2015-5 mmmmm 4,67 1,09 —EurizonFocus Riserva DocOIN Obbligaz.Corp.12/2012 mmmmm 2,04 2,00 —OIN Obbligaz.Corp.12/2013 mmmmm 3,28 1,79 —OIN Obbligaz.Corp.12/2014 mmmmm 3,96 2,20 —EurizonManager SelectionFundOMI MS10 mmmmm 6,20 3,83 4,58BIL MS20 mmmmm 6,66 4,18 4,32BIL MS40 mmmmm 7,69 4,29 2,80BIL MS70 mmmmm 10,70 6,70 3,17EurizonMultiasset FundBIL Challenger mmmmm 6,53 4,92 3,13BIL Dynamic mmmmm 3,80 0,84 0,61LEE EuroCash mmmmm 1,11 0,88 1,38OMI Trender mmmmm 1,83 0,81 1,14EurizonOpportunitàOIN BondSelection 2012-1 mmmmm 2,22 1,85 —OIN BondSelection 2013-1 mmmmm 2,46 1,79 —RossiniLux FundOEU Obbligaz.TV mmmmm 2,13 0,93 1,54

eurizoneasyfundActiveMarketOEM BondEmerging Mkts mmmmm 8,88 9,80 10,47OEM BondEmerging Mkts mmmmm 9,82 10,95 11,66OIN BondHigh Yield mmmmm 15,14 9,16 12,62OIN BondHigh Yield mmmmm 13,93 7,96 11,39OEU BondInflation Linked mmmmm 5,06 2,29 2,49OEU BondCorpEur ST mmmmm 5,06 3,80 0,77OEU BondCorp.EurST mmmmm 4,25 2,96 -0,36AER EquitySmall Cap Europe mmmmm 17,86 7,16 1,53AER EquitySmall Cap Europe mmmmm 19,24 8,71 3,06ActiveMarket cop.rischio cambioOEM BondEmerging Mkts mmmmm 8,94 9,23 8,88OEM BondEmerging Mkts mmmmm 7,98 8,11 7,73ActiveStrategyFLE AbsoluteAttivo mmmmm 1,41 0,95 0,80FLE AbsoluteAttivo mmmmm 2,47 2,04 1,85FLE AbsolutePrudente mmmmm 2,22 1,29 1,29Limited TrackingErrorOEU BondEUR Float.Rate LTE mmmmm 2,38 0,80 —

OEU BondEUR Long T. LTE mmmmm 9,01 4,66 5,11OEU BondEUR Long T. LTE mmmmm 10,06 5,70 6,14OEU BondEUR Medium T. LTE mmmmm 4,05 2,30 3,37OEU BondEUR Medium T. LTE mmmmm 5,12 3,36 4,42OEU BondEUR Short T. LTE mmmmm 1,87 0,60 2,00OEU BondEUR Short Term LTE mmmmm 2,84 1,56 2,95OIN BondInternational LTE mmmmm -1,63 4,10 5,13OIN BondInternational LTE mmmmm -0,80 5,08 —OAP BondJPY LTE mmmmm -10,38 2,65 7,28OAM BondUSD LTE mmmmm 2,31 6,55 8,13LEE CashEUR mmmmm 1,05 0,83 1,28LEE CashEUR mmmmm 1,80 1,59 2,03AAP EquityChina LTE mmmmm 7,45 1,12 2,29AZE EquityEm. Mkts AsiaLTE mmmmm 6,76 5,24 2,26AZE EquityEm. Mkts AsiaLTE mmmmm 8,25 6,78 3,78AZE EquityEm. Mkts EMEA LTE mmmmm 0,35 4,38 1,17AZE EquityEm. Mkts EMEA LTE mmmmm -1,02 2,87 -0,33AZE EquityEm. Mkts LTE mmmmm 1,37 2,65 —AEU EquityEuro LTE mmmmm 14,08 1,04 -3,95AEU EquityEuro LTE mmmmm 15,77 2,58 -2,49AER EquityEurope LTE mmmmm 16,50 6,88 1,19AER EquityEurope LTE mmmmm 14,78 5,26 -0,31AZF EquityFinancial LTE mmmmm 24,22 6,35 -0,99AEU EquityItaly LTE mmmmm 3,32 -5,68 -9,01AAP EquityJapan LTE mmmmm 8,53 3,79 1,30AAP EquityJapan LTE mmmmm 7,05 2,30 -0,16AZE EquityLatinAmerica LTE mmmmm -7,93 0,09 0,58AMA EquityN.America LTE mmmmm 13,70 10,46 5,74AMA EquityN.America LTE mmmmm 15,38 12,11 7,31AAP EquityOceania LTE mmmmm 25,39 11,81 9,29AAP EquityOceania LTE mmmmm 23,66 10,19 7,73LAM TreasuryUSD mmmmm 0,19 0,90 2,97LAM TreasuryUSD mmmmm 0,94 1,66 3,73Linea LTE cop. rischio cambioOER BondGBP mmmmm 1,80 7,71 6,11OAP BondJPY mmmmm 3,04 2,49 2,63OAM BondUSD mmmmm 1,38 4,81 4,83AER EquityEurope mmmmm 16,99 4,72 0,76AAP EquityJapan mmmmm 20,33 1,47 -5,54AMA EquityNorth America mmmmm 13,68 9,52 2,77

eurizoninvest. sicavAER Europe Equities mmmmm 14,70 5,41 —FLE Scudo mmmmm 2,79 2,02 —FLE StrategicEurope mmmmm 2,90 0,00 —

euromobiliare inter. fund sicavEurofundluxOIN AltoRendimento 2014A mmmmm 4,08 4,18 3,24OIN AltoRendimento 2014B mmmmm 4,15 4,25 3,31FLE DynamicMultimanager B mmmmm 10,77 6,23 1,05LEE EuroCash A mmmmm 0,95 0,87 1,50LEE EuroCash B mmmmm 1,27 1,20 1,82AEU EuroEquity D mmmmm 8,70 -1,68 -7,19AAP Pacific Eq.A mmmmm 9,34 8,45 4,61OEU QBondAbsolutereturn A mmmmm 1,35 1,87 —OEU QBondAbsolutereturn B mmmmm 1,44 2,05 2,83BIL QFund97A mmmmm 0,80 0,01 —FLE TRFlex5 A mmmmm 5,77 6,63 4,63FLE TRFlex5 B mmmmm 6,42 7,30 5,30

fideuramgestions s.a. lussemburgoOEM BondGlb EmMkts mmmmm 8,78 8,75 6,84


1anno 3 anni 5anni


1anno 3 anni 5anni



OAM BondUSD mmmmm 5,75 6,26 8,07OAP BondYEN mmmmm -10,55 1,84 6,31AMP Commodities mmmmm -6,61 0,67 —AZE EqGlb EmMkts Eur mmmmm 2,42 4,94 2,81AAP EqPac. exJap. A mmmmm 19,13 6,94 4,56AMA EqUSA Advant mmmmm 9,18 6,92 4,53AMA EqUSA Value mmmmm 15,91 8,39 2,69AER EquityEurope mmmmm 14,44 3,97 -1,21AEU EquityItaly mmmmm 7,17 -2,50 -5,31AAP EquityJapan A mmmmm 5,07 1,45 -1,65AAP EquityJapan H mmmmm 20,05 1,66 -3,76AMA EquityUSA A mmmmm 11,18 8,99 4,44AMA EquityUSA H mmmmm 10,38 7,44 7,38OEU EuroBd LongRisk mmmmm 9,20 5,02 4,98OEU EuroBd LowRisk mmmmm 3,06 2,85 3,70OEU EuroBd Med Risk mmmmm 6,14 4,48 4,63OEU EuroCorp. Bd mmmmm 5,42 3,70 3,99OEU EuroDefensive Bd mmmmm 1,23 1,33 2,37OEU EuroShort Term mmmmm 1,04 0,94 1,41AER Europe Eq.Grth mmmmm 14,28 6,05 —FLE FlexibleOpp. mmmmm 1,20 -0,65 —OIN InflationLinked mmmmm 4,39 6,54 4,21AIN MarshallWaceTops mmmmm 4,21 2,46 —

generali fund mgmt s.a.FLE VoBaFlex mmmmm 5,60 0,31 —OMI VoBaMoney Plus mmmmm 1,98 1,32 —

generali invest.s sicavOEU EuroBonds mmmmm 5,92 4,34 4,62OEU EuroCorporateBonds mmmmm 7,27 4,75 5,29LEE EuroShort Term Bonds mmmmm 1,72 1,35 1,88OEU Europ.High Yield Bonds mmmmm 9,41 7,81 7,42FLE Garant1 mmmmm 4,46 2,74 2,70FLE Garant2 mmmmm 1,73 0,81 1,71FLE Garant3 mmmmm 0,64 0,88 —FLE Garant4 mmmmm 1,27 0,78 —

gestielleinv. sicavOEU BondEuro (R) mmmmm 4,51 2,00 2,93

hsbcOEU EuroGvt Bd C mmmmm 6,62 3,97 5,08

hsbc global inv. fundsAAP AsiaexJapan Eq. ($) mmmmm 2,88 5,41 2,91AAP AsiaPac exJapEqH.Dv($) mmmmm 13,51 10,37 8,20AZE BrazilEquity mmmmm -6,89 -1,01 -2,39AZE BrazilEquity($) mmmmm -6,43 -0,51 -1,90AZE BRIC Equity($) mmmmm -5,69 -1,03 -0,97AZE BRIC MktsEq($) mmmmm -1,25 0,13 -0,84AZE BRIC MktsEq($) mmmmm -1,74 -0,37 -1,34OEU EuroBond mmmmm 7,78 5,26 6,11OEU EuroCredit Bond mmmmm 10,85 6,64 6,49LEE EuroReserve mmmmm 0,03 0,25 0,86AEU EurolandEquity mmmmm 16,63 0,92 -2,07AEU EurolandGrowth mmmmm 14,46 2,17 -2,04OEU Europ High Yield Bd mmmmm 15,56 9,97 11,15FLE Glb Currency($) mmmmm -2,07 -0,89 —OEM Glb EmMkts Bond ($) mmmmm 11,09 12,53 13,87OEM GlobalEmerging Mkts Bds mmmmm 10,49 11,99 13,41AZE KoreanEquity($) mmmmm 0,57 6,38 -0,40AZE Russia Equity($) mmmmm -7,48 -0,67 -4,40

AZE TurkeyEq mmmmm 55,08 17,34 —AER UKEquity (Gbp) mmmmm 12,92 10,98 1,02

hsbc multi index fundsAMA USEquity BHed mmmmm 12,75 9,70 1,97

julius baer, zurigoJB MultibondOIN ABSB mmmmm 7,05 5,63 0,75OIN AbsoluteReturn Bd B mmmmm 3,16 2,31 2,96OIN AbsoluteReturn Bd B(Chf) mmmmm 0,70 7,51 7,10OIN AbsoluteReturn Bd Def B mmmmm 2,37 1,71 —OIN AbsoluteReturn Bd Plus B mmmmm 3,22 3,45 4,29OIN Cred Opportunities B mmmmm 7,98 6,88 —OAM DollarBond B($) mmmmm 2,90 6,66 7,02OEM EmergingBd EUROB mmmmm 9,16 9,28 8,00OEM EmergingBd USD B($) mmmmm 10,42 11,40 12,85OEU EuroBond B mmmmm 7,14 5,69 —OEU EuroGov.Bd B mmmmm 5,67 3,51 3,90OCO GlobalConvert Bond B mmmmm 4,27 2,38 -0,69OIN GlobalH.Y. Bond B mmmmm 11,50 7,50 6,64OEU InflationLinked Bd B mmmmm 1,18 2,70 —OAM InflationLinked Bd B($) mmmmm 3,21 6,59 —OEM LocalEmerg.Bd B($) mmmmm 9,94 9,24 10,21OER SwissFranc Bond B(Chf) mmmmm 0,46 8,45 6,92OEU TotalReturn Bond B mmmmm 4,74 4,77 4,09JB MulticashLAM JBMMDollar-USD B mmmmm 1,02 1,81 3,77LEE JBMMEuro-EUR B mmmmm -0,09 0,26 0,81LEE JBMMSterling-GBP B mmmmm -3,28 1,77 -1,32LEE JBMMSwiss Franc-CHF B mmmmm -1,88 6,02 5,14JB MulticooperationAMP CommodityB mmmmm -8,23 1,88 -9,52AMP Commodity-USD/B($) mmmmm -6,72 4,43 -4,82BIL StrategyBalanced B mmmmm 6,90 5,86 3,34BIL StrategyBalanced B(Chf) mmmmm 4,90 8,39 5,58BIL StrategyIncomeB mmmmm 5,35 5,10 3,98BIL StrategyIncomeB($) mmmmm 5,26 6,00 6,01BIL StrategyIncomeB(Chf) mmmmm 2,62 7,66 5,98JB MultistockAAP AsiaStockB($) mmmmm 3,53 4,56 0,98AZE CentralEurope StockB mmmmm 5,51 1,61 -4,66AER Eur.Selection FdB mmmmm 9,95 1,59 0,31AER Eur.Small& Mid Cap B mmmmm 24,66 11,09 4,14AEU Eurol.ValueSt. B mmmmm 15,53 3,23 -2,35AER Europe St. B mmmmm 13,96 2,84 -1,76AEU German ValueSt. B mmmmm 17,83 9,83 3,18AZE Glb EmgMkts B mmmmm 0,25 2,52 -1,50AIN Glb StockB mmmmm 7,77 4,07 0,05AAP JapanStockB(Jpy) mmmmm 6,51 6,58 4,71AIN JBEFSpecial Val. EUR mmmmm 7,14 5,97 5,38ACG LuxuryBrands (EUR)B mmmmm 17,75 20,73 14,52AER SwissSmall&Mid CapB(Chf) mmmmm 13,23 8,99 4,49AER SwissSt. B(Chf) mmmmm 19,16 8,22 6,11AMA USLeading St. B($) mmmmm 7,31 12,58 7,22

kairosinter. sicavAMA KIS -America P mmmmm 9,19 6,60 —AAP KIS -AsiaP mmmmm 6,03 1,65 —OER KIS -Bond P mmmmm 7,98 3,50 —FLE KIS -DynamicP mmmmm 3,15 0,80 3,24AEU KIS -SmallCap P mmmmm 4,58 2,13 0,05


1anno 3 anni 5anni


1anno 3 anni 5anni



lemanik sicavBIL Italy Cap Retail mmmmm 2,90 -2,85 -0,93

luxicav sicavAER AzionarioEuropa B mmmmm -1,47 -4,98 -8,04OIN ObbligazionarioB mmmmm 7,09 4,30 3,85

mediolanum inter. f.CH - Challenge Funds - Classi MediolanumACG Counter CyclEq L mmmmm 15,39 9,10 6,57ACG CyclicalEq L mmmmm 14,34 10,35 3,82AZE Emerg. MktsEq. L mmmmm 1,05 3,26 0,80AZE Emerg. MktsEq. S mmmmm 0,53 2,73 0,28AEN Energy Eq.L mmmmm -0,25 2,96 0,53OEU EuroBd L-A mmmmm 5,57 2,47 3,72OEU EuroBd S-B mmmmm 5,33 2,23 3,47OEU EuroIncomeL-A mmmmm 0,95 0,85 1,85AER EuropeanEq.L mmmmm 13,67 4,22 -2,01AER EuropeanEq.S mmmmm 13,10 3,67 -2,52AZF Financial Eq.L mmmmm 19,16 3,31 -2,70FLE FlexibleL-A mmmmm -3,53 -2,49 -1,30FLE FlexibleS-A mmmmm -3,94 -2,90 -1,71AEU GermanyEq. L mmmmm 14,99 6,12 0,65OIN InternBd L-A mmmmm -4,29 4,45 —OIN InternBd L-ACop mmmmm 0,71 3,92 3,44OIN InternBd L-B mmmmm -4,30 4,42 —OIN InternBd S-A Cop mmmmm 0,21 3,58 3,22OIN InternBd S-B mmmmm -4,50 4,22 —OIN InternBd S-BCop mmmmm 0,76 3,81 3,36OIN InternIncL-A mmmmm -5,12 0,42 —OIN InternIncL-A Cop mmmmm -1,11 0,10 0,85OIN InternIncL-B mmmmm -5,12 0,40 —AIN InternationalEq L mmmmm 11,48 6,45 1,13AIN InternationalEq S mmmmm 11,00 6,00 0,70AEU Italian Eq.L mmmmm 3,35 -4,61 -7,10LAM Liquid.US$ S mmmmm -0,11 0,64 3,11LEE LiquidityEuroL mmmmm 0,24 0,62 1,17LEE LiquidityEuroS mmmmm 0,10 0,48 1,03AMA NorthAmer. Eq. L mmmmm 13,38 10,05 4,60AMA NorthAmer. Eq. S mmmmm 12,76 9,47 4,05AAP Pacific Eq Lcop mmmmm 14,28 1,70 —AAP Pacific Eq.L mmmmm 8,71 4,23 -0,18OIN Solidity& ReturnS-A mmmmm 4,11 1,56 2,17AEU SpainEq. L-A mmmmm 12,43 -1,68 -2,74ATE TechnologyEq. L mmmmm 4,48 6,23 4,84MediolanumBest BrandsAIN BlackRockGlb L mmmmm 8,05 4,70 —AIN BlackRockGlb L cop mmmmm 7,96 3,33 —AIN BlackRockGlb S mmmmm 7,61 4,27 —AIN BlackRockGlb S cop mmmmm 7,56 2,91 —AZE EmMkts Coll L mmmmm 5,56 4,88 0,70AZE Em. MktsColl S mmmmm 5,03 4,36 0,20AIN Eq.Power Coup. Coll L mmmmm 9,31 6,66 1,01AIN Eq.Power Coup. Coll S mmmmm 8,86 6,23 0,60OEU EuroFixedIncomeL B mmmmm 1,05 0,58 1,21OEU EuroFixedIncomeS B mmmmm 0,83 0,35 0,98AER EuropeanColl L mmmmm 14,70 7,50 0,16AER EuropeanColl Lcop mmmmm 15,26 6,24 -0,06OIN Glb High Yield cop LA mmmmm 8,65 7,64 7,28OIN Glb High Yield cop SA mmmmm 8,30 7,32 6,96OIN Glb High Yield cop SB mmmmm 8,31 7,20 6,98OIN Glb High Yield LA mmmmm 9,84 8,97 10,31OIN Glb High Yield LB mmmmm 9,82 8,97 10,31

OIN Glb High Yield SA mmmmm 9,52 8,65 9,97OIN Glb High Yield SB mmmmm 9,52 8,83 10,09ATE Glb Tech Coll L mmmmm 0,79 6,48 5,05AIN JPMorganGlb L mmmmm 9,64 5,37 —AIN JPMorganGlb Lcop mmmmm 9,65 4,15 —AIN JPMorganGlb S mmmmm 9,18 4,94 —AIN JPMorganGlb S cop mmmmm 9,25 3,70 —AIN MStanleyGlb L mmmmm 9,13 8,37 —AIN MStanleyGlb Lcop mmmmm 8,72 6,80 —AIN MStanleyGlb S mmmmm 8,67 7,93 —AIN MStanleyGlb Scop mmmmm 8,23 6,33 —AAP Pacific Coll L mmmmm 7,26 2,90 -0,35AMA USCollection L mmmmm 8,31 7,44 3,10AMA USCollection Lcop mmmmm 6,90 5,67 0,12PortfolioFund - Classi MediolanumAIN Active100 S mmmmm 9,02 4,79 0,99BIL Active40 S mmmmm 2,77 2,35 1,46BIL Active80 S mmmmm 5,79 3,78 0,31AIN AggressivePlus S mmmmm 9,51 5,40 0,77LEE LiquiditySA mmmmm 0,36 0,66 1,32

mfsmeridian funds sicavAAP Asiaex-Japan A1($) mmmmm 10,01 9,05 6,54OEM Emerg.MktsDebt A1($) mmmmm 11,89 11,89 13,48AER Europ.Smaller Comp.A1 mmmmm 25,91 20,02 10,74AER EuropeanRes. A1 mmmmm 20,54 9,85 3,87AER EuropeanValueA1 mmmmm 20,88 11,19 6,65AIN GlobalConcentratedA1($) mmmmm 24,35 12,69 8,19AIN GlobalEquity A1 mmmmm 22,41 13,03 8,58AIN GlobalEquity A1($) mmmmm 22,71 12,96 8,58FLE GlobalMulti-AssetA1($) mmmmm 5,49 — —AIN GlobalResearchA1($) mmmmm 13,20 — —BIL GlobalTotal ReturnA1 mmmmm 11,05 8,89 7,32OAM High Yield A1($) mmmmm 11,99 11,59 11,01OIN Inflat-AdjustedBond A1($) mmmmm 4,46 8,76 7,73OAM LimitedMaturity A1($) mmmmm 2,50 3,33 5,48OAM ResearchBond A1($) mmmmm 5,09 7,07 9,12AMA USConc. Growth A1($) mmmmm 15,09 12,16 8,79OAM USGovernmentBd A1($) mmmmm 2,23 5,09 7,96AMA ValueA1($) mmmmm 17,82 11,36 6,90

morganstanley invest. mgmt ltdAAP AsianEquity mmmmm 11,10 7,83 3,20AAP AsianEquity mmmmm 12,23 8,92 4,24ARE AsianProperty mmmmm 30,34 12,08 6,53ARE AsianProperty mmmmm 31,63 13,21 7,60FLE Diversified Alpha Plus mmmmm 6,95 3,54 —FLE Diversified Alpha Plus mmmmm 8,04 4,57 —OEM EmergingMktsDebt mmmmm 9,42 9,48 7,23OEM EmergingMktsDebt mmmmm 9,77 10,27 10,59OEM EmergingMktsDebt mmmmm 10,85 11,37 11,69OEM EmergingMktsDom. Debt mmmmm 5,18 7,03 8,86OEM EmergingMktsDom. Debt mmmmm 6,22 8,11 9,95AZE EmergingMktsEquity mmmmm 9,81 6,45 0,87AZE EmergingMktsEquity mmmmm 10,88 7,52 1,86AZE EmEurop,M-East&Africa Eq mmmmm 7,83 3,75 -4,17AZE EmEurop,M-East&Africa Eq mmmmm 8,88 4,78 -3,27OEU EuroBond mmmmm 6,07 3,58 4,24OEU EuroBond mmmmm 7,10 4,63 5,28OEU EuroCorporateBond mmmmm 9,80 4,77 5,44OEU EuroCorporateBond mmmmm 10,89 5,82 6,50LEE EuroLiquidity mmmmm 0,01 0,01 0,54OEU EuroStrategicBond mmmmm 6,71 4,19 4,62


1anno 3 anni 5anni


1anno 3 anni 5anni



OEU EuroStrategicBond mmmmm 7,80 5,24 5,68OER Europ.Curr.HighYield Bd mmmmm 13,78 9,50 10,62OER Europ.Curr.HighYield Bd mmmmm 12,71 8,43 9,54AER EuropeanEquityAlpha mmmmm 13,12 8,37 1,73AER EuropeanEquityAlpha mmmmm 14,29 9,49 2,77ARE EuropeanProperty mmmmm 22,17 7,91 -3,20AEU Eurozone EquityAlpha mmmmm 19,08 6,89 —OIN GlobalBond mmmmm 2,17 5,02 6,51OIN GlobalBond mmmmm 3,19 6,07 7,57AIN GlobalBrands mmmmm 11,36 11,79 6,19AIN GlobalBrands mmmmm 12,26 13,35 10,11AIN GlobalBrands mmmmm 13,40 14,49 11,21AIN GlobalBrands mmmmm 10,26 10,70 —AIN GlobalBrands mmmmm 12,51 13,54 —OCO GlobalConvertib.Bd mmmmm 4,47 2,93 —OCO GlobalConvertib.Bd mmmmm 5,51 3,97 —OCO GlobalConvertible Bond mmmmm 5,90 4,90 4,22OCO GlobalConvertible Bond mmmmm 6,97 5,95 5,25ARE GlobalProperty mmmmm 22,16 13,37 5,34AAP IndianEquity mmmmm 9,77 -0,27 0,62AAP IndianEquity mmmmm 8,66 -1,27 -0,38AZE LatinAmerican Equity mmmmm 0,04 2,63 0,83AZE LatinAmerican Equity mmmmm 1,08 3,70 1,86OEU Short MaturityEuro Bond mmmmm 1,40 0,88 1,73OEU Short MaturityEuro Bond mmmmm 2,40 1,88 2,74AMA USAdvantage mmmmm 8,60 12,37 7,54AMA USAdvantage mmmmm 9,36 13,74 11,32AMA USAdvantage mmmmm 10,46 14,87 12,43AMA USAdvantage mmmmm 9,58 13,92 —AMA USAdvantage mmmmm 7,52 11,22 —AMA USGrowth mmmmm 4,73 9,63 3,33AMA USGrowth mmmmm 5,52 11,18 7,47AMA USGrowth mmmmm 6,62 12,32 8,57ARE USProperty mmmmm 13,92 17,24 8,89

nefAEU AzionarioEuro mmmmm 26,51 8,02 2,87AZE AzionarioEuropa Est mmmmm -2,51 -0,52 -7,56AIN AzionarioGlobale mmmmm 7,38 2,21 -2,63AZE AzionarioPaesi Emergenti mmmmm 8,51 15,10 7,15AMA AzionarioStati Uniti mmmmm 15,94 7,85 3,92OEU CedolaR mmmmm -3,22 0,17 -1,13FLE Flessibile mmmmm 0,00 -1,94 1,01ARE Immobiliare mmmmm 18,41 10,40 -1,01OEU Obbligaz.Breve Termine mmmmm 2,21 1,67 2,76OCO Obbligaz.Convertibile mmmmm 3,98 0,34 -0,22OEU Obbligaz.Euro mmmmm 4,99 3,32 4,51OEU Obbligaz.EuroCorporate mmmmm 5,11 4,19 5,31OIN Obbligaz.Globale mmmmm 3,24 3,59 5,15OEM Obbligaz.Paesi Emergenti mmmmm 9,01 8,58 7,54

neutral sicavOIN InflationLinked Bds R mmmmm 3,32 4,04 2,57

new millenniumsicavOEU Augustum CorporateBond mmmmm 6,62 3,71 6,64OEU Augustum CorporateBond mmmmm 7,27 4,30 —OEU Augustum High Qual.Bond mmmmm 3,75 2,71 4,32OEU Augustum High Qual.Bond mmmmm 4,13 3,08 —OEU EuroBondsShort Term mmmmm 1,56 0,27 —OER LargeEurope Corporate mmmmm 7,38 4,58 —FLE Q7Globalflex mmmmm 4,76 0,13 —FLE TotalReturn Flexible mmmmm 1,86 0,79 1,82

pegaso capital sicavFLE PegasoStrat. TrendRet mmmmm 2,48 — —

pharmawhealth manag. company s.a.AZH Pharma/wHealth($) mmmmm 19,41 9,89 9,73

pimco funds: global investor series plcOIN DiversInc EDis($) mmmmm 11,44 11,07 12,49OIN DiversInc Ehdg mmmmm 10,10 9,37 —OIN DiversInc E($) mmmmm 11,40 11,08 12,55OEM EmLocal Bd EAcc($) mmmmm 7,67 9,14 —OEM EmMkts Bd EAcc($) mmmmm 12,02 11,94 12,04OEM EmMkts Bd EEur hdgAcc mmmmm 10,49 10,11 8,04OEM EmMkts Bd E($) mmmmm 12,02 11,95 12,01OEM Em.Mkts.Cur.E Acc mmmmm 3,43 4,07 —OEU EuriborPLUS EAcc mmmmm 2,06 1,20 1,70OEU EuroBond E mmmmm 10,25 6,72 4,87OEU EuroBond EAcc mmmmm 10,15 6,74 4,89OIN Glb Bd EAcc hdg mmmmm 7,74 7,73 6,77OIN Glb Bd EAcc($) mmmmm 9,03 9,20 9,91OIN Glb Bd Ex-US E($) mmmmm 10,55 9,25 —OIN Glb H.YBd E($) mmmmm 12,53 11,52 12,14OIN Glb H.Y. Bd Ehdg Acc mmmmm 11,02 9,61 8,54OIN Glb InvGrCr.E Acc hdg mmmmm 8,92 7,64 7,51OIN Glb InvGrCr.E($) mmmmm 10,15 9,17 —OIN Glb RealRetE Acchdg mmmmm 5,96 7,71 5,66OIN Glb RealRetE Acc($) mmmmm 7,14 9,21 8,88OIN Glb RealRetE Dis($) mmmmm 7,17 9,24 8,88OIN GlobalBond E($) mmmmm 8,94 9,18 9,94OAM H.Y. Bd EAcc hdg mmmmm 10,15 9,42 7,08OAM H.Y. Bd EAcc($) mmmmm 11,67 11,26 10,62OAM H.Y. Bd E($) mmmmm 11,62 11,24 10,55OAM LowAvg Durat.E($) mmmmm 3,61 3,76 6,42OAM T.R. Bd EAcc hdg mmmmm 4,68 5,00 6,44OAM T.R. Bd EAcc($) mmmmm 5,89 6,52 9,75OAM T.R. Bd E($) mmmmm 5,88 6,52 9,75OIN UnconstrainedBd E mmmmm 5,38 3,46 —

pioneer assetmgmt s.a.Pioneer FundsOIN AbsolutRet.Bond E mmmmm 0,10 0,40 —FLE AbsolutRet.M.Str. E mmmmm 2,99 1,93 —FLE AbsolutReturn Curr. E mmmmm 0,91 0,29 0,77AAP Asia(ex Japan)Eq. E mmmmm 3,05 2,55 0,90AAP China Eq.E mmmmm 11,26 — —AAP China Eq.F mmmmm 10,42 — —AER Core Europ.Eq. E mmmmm 17,12 7,48 3,14AZE Em. Eur.Med. Eq. E mmmmm 8,73 4,49 -1,16AZE Em. Eur.Med. Eq. F mmmmm 7,92 3,71 -1,90OEM Em. MktsB.E Hed. mmmmm 12,07 10,60 6,20OEM Em. MktsBond E mmmmm 13,56 12,51 10,44OEM Em. MktsBond F mmmmm 12,82 11,29 9,45AZE Em. MktsEq. E mmmmm -1,76 0,39 -3,66AZE Em. MktsEq. F mmmmm -2,49 -0,37 -4,38OEU EuroAggr.Bond E mmmmm 6,36 5,41 6,66OEU EuroAggr.Bond F mmmmm 5,93 4,99 6,23OEU EuroBond E mmmmm 7,15 4,82 5,35OEU EuroBond F mmmmm 6,56 4,24 4,77OEU EuroCash Plus E mmmmm 2,95 2,23 3,32OEU EuroCorp. Short T.E mmmmm 4,58 2,52 3,00OEU EuroCorp. Short T.F mmmmm 4,21 2,16 2,63OEU EuroCorporateBond E mmmmm 8,09 5,99 5,92


1anno 3 anni 5anni


1anno 3 anni 5anni



OEU EuroCorporateBond F mmmmm 7,15 5,01 4,79OEU EuroH. Y.E mmmmm 13,97 10,76 12,91OEU EuroH. Y.F mmmmm 13,31 10,10 12,23LEE EuroShort T. E mmmmm 0,81 1,23 1,59LEE EuroShort T. F mmmmm 0,47 0,88 1,24OEU EuroStrategicBond E mmmmm 9,50 8,55 10,72OEU EuroStrategicBond F mmmmm 8,86 7,91 10,06AEU EurolandEquity E mmmmm 22,85 8,72 2,36AEU EurolandEquity F mmmmm 21,94 7,91 1,60AER EuropeanEq.Value E mmmmm 19,34 5,98 —AER EuropeanPotentialE mmmmm 24,36 13,57 3,42AER EuropeanPotentialF mmmmm 23,42 12,71 2,64AER EuropeanResearchE mmmmm 15,45 7,82 1,67AIN Glb Eq.Tar. IncomeE mmmmm 10,89 7,14 —OIN GlobalAggr.Bond E mmmmm 1,66 6,40 8,07AIN GlobalEcology E mmmmm 19,28 5,97 0,03AIN GlobalEcology F mmmmm 18,42 5,18 -0,71BIL GlobalMulti Asset E mmmmm 6,87 — —AIN GlobalSelectE mmmmm 12,55 7,27 1,55AIN GlobalSelectF mmmmm 11,72 6,47 0,79AAP IndianEquity E mmmmm -0,77 -3,95 —AAP IndianEquity F mmmmm -1,51 -4,67 —AEU Italian EquityE mmmmm 9,53 -3,91 -8,57AAP JapaneseEq. E mmmmm 5,62 2,01 -1,33AZE LatinAm.Equity E mmmmm -5,53 -0,61 —AZE LatinAm.Equity F mmmmm -6,22 -1,35 —OEU Obbl. Euro09/2014 E mmmmm 1,62 0,32 —OEU Obbl. Euro10/2014 E mmmmm 1,78 0,61 —OEU Obbl. Euro11/2014 E mmmmm 2,48 1,22 —OEU Obbl. Euro12/2014 E mmmmm 2,62 1,27 —OIN StrategicIncomeE mmmmm 9,34 9,38 10,88OIN StrategicIncomeE Hed. mmmmm 8,04 7,60 6,81OIN StrategicIncomeF Hed. mmmmm 6,80 6,30 5,80AER TopEurop. Play. E mmmmm 17,91 9,84 2,97AER TopEurop. Play. F mmmmm 17,03 9,01 2,20OAM U.S.Dollar Aggregate Bd E mmmmm 6,36 8,01 10,05LAM U.S.Dollar Short T. E mmmmm 4,62 4,51 5,06LAM U.S.Dollar Short T. F mmmmm 4,25 4,15 4,69AMA U.S.Fundam. Growth E mmmmm 14,17 16,14 —AMA U.S.Pioneer FundE mmmmm 13,38 9,30 5,05AMA U.S.Pioneer FundE Hed. mmmmm 11,44 6,59 -0,18AMA U.S.Pioneer FundF mmmmm 12,51 8,47 4,26AMA U.S.Res. Value E mmmmm 14,80 10,34 —AMA U.S.Research E mmmmm 13,99 12,63 7,93AMA U.S.Research EHed. mmmmm 12,06 9,84 2,62AMA U.S.Research F mmmmm 13,30 11,78 7,12OAM USCredit Rec.2014 EHed. mmmmm 2,40 2,94 —OAM USCredit Rec.2014 FHed. mmmmm 2,29 1,76 —AMA UsMidCap ValueE mmmmm 11,66 8,74 5,74Pioneer PFBIL GlobalDefensive20 E mmmmm 6,99 4,55 3,10Pioneer SFOEU EuroCurve1-3y E mmmmm 1,73 1,52 2,70OEU EuroCurve1-3y F mmmmm 1,32 1,11 2,29OEU EuroCurve10+y E mmmmm 10,17 5,74 5,86OEU EuroCurve3-5y E mmmmm 3,98 3,13 4,31OEU EuroCurve3-5y F mmmmm 3,41 2,56 3,73OEU EuroCurve7-10y E mmmmm 8,56 4,41 5,17OIN GlobalCurve1-3y E mmmmm -4,28 1,22 3,95

planetarium fundAMA AmericanSelection($) mmmmm 8,99 3,45 —FLE AnthiliaGrey A mmmmm 0,60 1,74 —

OAM DollarBonds A($) mmmmm 5,83 5,52 7,40OEU Eurocurrencies BondsA mmmmm 5,08 3,14 3,96FLE Flex80 mmmmm 12,13 3,41 0,82FLE Flex90 mmmmm 10,06 5,79 3,78AER FundamentalEurop. Sel. A mmmmm 15,44 4,03 —

polarisinvest. s.a.BIL Ethical Glb Balanced mmmmm 1,14 0,96 1,74AIN GEOEquity Glb III mmmmm 5,98 9,62 —AIN GEOEquity Glb V mmmmm 11,26 6,66 —FLE GEOGlb B.Tot Ret VI mmmmm -0,45 1,70 —OIN GEOGlb Bond mmmmm 4,49 4,92 —OIN GEOGlb Real Bond II mmmmm -1,76 0,43 —

popso (suisse) invest. fund sicavOEU EuroBond mmmmm 4,42 2,70 3,31AER EuropeanEquity mmmmm 9,51 0,80 -1,59FLE Flex mmmmm 2,41 0,73 1,48OCO GlobalConvertible Bd mmmmm 6,74 4,50 2,61OEU Short MaturityEuro Bond mmmmm 2,28 1,32 1,86OER SwissFranc Bond (Chf) mmmmm 1,18 7,16 7,45OAM UsaDollar Bond ($) mmmmm 1,69 2,75 5,43

rinascimentosicavAER Augustum GAMES mmmmm 9,44 4,22 4,30

robeco samAIN RobecoSAMGlobEqu EUR/B mmmmm 11,83 7,77 2,19AZH RobecoSAMHeal LivEUR/B mmmmm 15,89 8,25 7,13AMP RobecoSAMMaterial EUR/B mmmmm 3,93 10,20 1,90AUT RobecoSAMS.Water EUR/B mmmmm 18,34 5,82 2,70AEN RobecoSAMSmEnergyEUR/B mmmmm -1,97 -4,04 -0,98

roveresicavAER Az. Europa RC mmmmm 18,80 7,95 —AMA Az. NordAmerica RC mmmmm 9,37 8,45 —BIL Bilanciato Obblig.RC mmmmm 3,32 1,21 —OEU Obbl. B.TermineRC mmmmm 2,69 1,92 —OEU ObbligazionarioRC mmmmm 4,47 2,71 —

sarasin invest.fondssicavAZE SarEmerging-Gl($) mmmmm 7,30 6,90 3,03AIN SarEquiSar-Global-A mmmmm 15,31 7,81 3,08BIL SarGl Ret(EUR) mmmmm 6,09 3,36 3,87BIL SarGl Sar-Balanced(CHF) mmmmm 8,84 8,94 4,26BIL SarGl Sar-Balanced(EUR) mmmmm 11,48 5,39 1,70BIL SarGl Sar-Growth (EUR) mmmmm 14,66 — —AEN SarNewPower B mmmmm -0,40 -7,85 -13,87AIN SarOeko Eq-Gl A mmmmm 13,05 5,80 1,49AIN SarOeko Eq-Gl F mmmmm 13,76 6,48 —ARE SarRealE GlB mmmmm 21,42 14,48 3,78OER SarSust Bd-CHF mmmmm 0,05 8,24 8,02OEU SarSust Bd-EUR mmmmm 4,14 3,43 4,31OIN SarSust Bd-EurCorp. mmmmm 5,34 — —AER SarSust Eq-EuA mmmmm 15,51 5,96 -0,02AIN SarSust Eq-Gl mmmmm 11,52 8,86 1,54ARE SarSust Eq-Real EGl mmmmm 19,13 12,16 6,44BIL SarSust Por-Balanced (EUR) mmmmm 8,50 — —AUT SarSust Water A mmmmm 21,65 10,08 6,03

sarasin multi label sicavsemburgoFLE RM Strategic(EUR) mmmmm 4,74 3,61 1,08


1anno 3 anni 5anni


1anno 3 anni 5anni



sellacapital mgmt sicavOEU EuroCorp Bd I mmmmm 7,77 4,93 —

symphonia lux sicavFLE SymphoniaAltoValore mmmmm 4,53 0,91 —AIN SymphoniaBestvalue mmmmm 13,84 — —

ubipramericaUBI SicavOEU EuroFixedInc.-R mmmmm 4,47 2,72 3,74

unipol fondiLEE Liquidità mmmmm 0,95 1,24 1,58AEU PerformanceEuro mmmmm 12,06 0,52 -3,85

vontobel invest. fundsOIN AbsRet Bd mmmmm -0,01 0,82 1,72OIN Abs. Return Bd (CHF) mmmmm -2,56 5,83 5,84AMP BelvistaComm. ($) mmmmm -7,66 1,22 -3,96AAP China StarsEq ($) mmmmm 7,00 5,33 4,08BIL Def BalPf mmmmm 2,08 2,72 1,14OEM EasternEuropean Bd mmmmm 10,48 4,35 5,96AZE EmergingMktsEq mmmmm 7,61 13,21 4,45AZE EmergingMktsEq ($) mmmmm 8,87 15,35 8,30AZE EmergingMktsEq ($) mmmmm 9,52 16,05 8,95OEU EURCorp Bd Mid Yield mmmmm 10,15 6,28 4,29OEU EuroBd mmmmm 7,43 3,87 4,64LEE EuroMoney mmmmm 0,73 1,35 1,95AER Europ.Value Eq mmmmm 25,61 14,36 5,01

AER Europ.Mid&Sm.CapEq mmmmm 13,99 9,51 1,80AAP FarEastEq ($) mmmmm 16,52 13,33 6,76AAP FarEastEquity mmmmm 14,59 10,56 2,51AEN FutureResources mmmmm 8,85 6,12 —OCO GlbConvertBd mmmmm 3,73 2,60 —AIN GlbValEqEx-US ($) mmmmm 16,38 11,79 4,07AIN GlbValueEq mmmmm 14,58 11,31 2,29AIN GlbValueEq($) mmmmm 16,81 14,82 7,47AEN NewPower mmmmm 11,02 0,42 -6,60OER SwissFranc Bd (Chf) mmmmm 0,58 9,01 9,40AER SwissMid&SmCapEq (Chf) mmmmm 17,72 7,98 2,70LEE SwissMoney (Chf) mmmmm -1,17 6,38 6,40OAM USDollar Bd ($) mmmmm 3,76 6,05 7,67LAM USDollar Money($) mmmmm 1,65 1,84 4,33AMA USValueEq mmmmm 17,11 13,52 5,73AMA USValueEq ($) mmmmm 19,14 15,94 9,96

willerfundsmanag. comp.WillerbondOER Europ.Currencies mmmmm 1,54 2,06 2,79WillerequityAAP Japan(Jpy) mmmmm 3,54 4,45 -0,15AMA NorthAmerica($) mmmmm 16,07 8,76 4,53AAP SouthEastAsia($) mmmmm 13,55 10,30 5,96

zest asset mgmt sicavOEU ActiveBond mmmmm 2,76 3,16 —FLE GlobalStrategyR mmmmm 2,43 5,69 6,20FLE LowVolatility mmmmm 2,32 3,40 —


1anno 3 anni 5anni


1anno 3 anni 5anni


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

1 EquinoxFinance Management Guernsey LimitedGB00B00CNV73(GGY) 8,30 2,02 28,97

2 MonedaS.A.BMG6199T1071(BMU) 20,92 19,07 26,95

3 PYN Rahastoyhtio OyFI0008803812(FIN) 37,22 21,29 26,52

4 Aberdeen Asset ManagersLimitedGB0000059971(GBR) 50,28 25,30 26,47

5 DNBAsset Management ASNO0008001187(NOR) 5,62 -2,49 25,17

6 SydinvestInvesteringsforeningenDK0010169465(DNK) 5,59 6,79 24,75

7 AIMSAsset ManagementSdb BhdVGG0411N1050(VGB) 30,92 21,17 24,57

8 DanskeInvest InvesteringsforeningenDK0010257831(DNK) 11,71 10,10 24,55

9 Skagen ASNO0010140502(NOR) 7,40 7,36 24,19


11 PTCiptadana Asset ManagementBMG4762X1002(BMU) 14,91 10,30 24,02

12 Prosperity CapitalManagement LimitedKYG7273W1078(CYM) 13,28 11,31 23,52

13 InvescoFund Managers LtdGB0033027706 (GBR) 5,61 4,21 23,18

14 Investeringsforeningen Sydinvest InternationalASDK0016259260(DNK) 5,71 5,51 23,14

15 OpportunityAsset Management LtdKYG676194551(CYM) -12,66 2,47 22,91

16 BlackRock InvestmentManagement (UK) LimitedGB0005058408(GBR) -0,77 0,28 22,86

17 SemperConstantia Invest GmbHAT0000831425(AUT) 11,26 12,54 22,85

18 HandelsbankenFonder ABSE0000356107(SWE) 9,34 6,74 22,70

19 OpportunityAsset Management LtdKYG676194890(CYM) -31,03 -13,49 22,49

20 First StateInvestments (Hong Kong) LtdIE0008368742(IRL) 7,80 8,75 22,46

21 BIManagement ASDK0010174622(DNK) 4,91 3,92 22,39

22 Standard Life Investments LimitedGB0002959582(GBR) 31,86 16,38 22,08

23 First StateInvestment Management(UK) LimitedGB0007836132(GBR) 32,24 24,80 21,59

24 First StateInvestments (Hong Kong) LtdIE0008369930(IRL) 9,67 10,16 21,49

25 LansforsakringarFondforvaltning ABSE0000837338(SWE) 20,87 12,35 21,43

26 DNBAsset Management ASNO0010337678(NOR) 8,61 14,71 21,09

27 Fondsfinans Kapitalforvaltning ASANO0010165764(NOR) 9,78 7,73 20,87

28 Allan GrayInternational (Proprietary) LimitedBMG0177P1041(BMU) 15,63 14,29 20,86

29 JyskeInvest InvesteringsforeningenDK0010251552(DNK) 4,04 3,74 20,86

30 SemperConstantia Invest GmbHAT0000989090 (AUT) 9,72 11,85 20,70

31 JyskeInvest International InvesteringsforeningDK0016261241(DNK) 3,41 3,01 20,68

32 StateStreet Global Advisors France SAFR0000027112(FRA) 2,98 1,54 20,55

33 DanskeCapital AS(Norway)NO0010047228(NOR) 13,75 8,80 20,55

34 Threadneedle InvestmentServices Limited

GB0001531754(GBR) 3,67 2,21 20,3535 ScottishWidows Unit Trust ManagersLimited

GB0031904146(GBR) 1,83 1,61 20,2036 DanskeCapital AS(Norway)

NO0008000460(NOR) 14,12 9,35 20,1637 Birla SunLife Asset Management Co (Mauritius) Ltd

MU0196S00230(MUS) -1,54 0,22 20,0138 Alfred Berg Kapitalforvaltning AS

NO0010105489(NOR) 8,86 2,30 19,8439 Prosperity CapitalManagement Limited

KYG7724U1067(CYM) 12,61 5,15 19,8440 DNBAsset Management AS

NO0010337819(NOR) -2,94 -2,62 19,8441 KBCAsset ManagementNV

BE0146026415(BEL) -0,54 0,97 19,8242 DanskeInvest Investeringsforeningen

DK0015710602(DNK) 14,02 13,21 19,8143 Jupiter Asset ManagementLtd

GB0000197722(GBR) 27,93 12,34 19,8044 SEB InvestmentManagement AB

SE0000433138(SWE) 1,74 1,08 19,7645 FrostrowCapital LLP

GB0000385517(GBR) 30,59 26,28 19,7646 DanskeInvest Select Investeringsforeningen A/S

DK0016057474(DNK) 14,34 12,65 19,7147 Franklin Templeton Investment Management

GB0008829292 (GBR) 8,19 7,72 19,5448 UBSFund Management (Switzerland) AG

CH0004370927 (CHE) -2,29 -0,60 19,5349 NordeaRahastoyhtio Suomi Oy

FI0008800438(FIN) 12,87 10,31 19,5150 StorebrandFondene AS

NO0010039688(NOR) 7,40 3,68 19,4351 Old Mutual Asset Managers (UK) Ltd

IE0031266244(IRL) 21,10 8,99 19,3952 DNBAsset Management AS

NO0008000007(NOR) 12,24 6,15 19,3953 JFIndia Management Limited

MU0129U00005(MUS) 2,11 1,85 19,3154 Alfred Berg Kapitalforvaltning AS

NO0010089519(NOR) 12,27 4,51 19,3055 Swedbank Robur Fonder AB

SE0000602302(SWE) 17,34 10,31 19,2556 DanskeCapital AS(Norway)

NO0008000577(NOR) 13,20 8,32 19,1657 DNBAsset Management AS

NO0010337694(NOR) 11,98 5,95 19,1058 StorebrandFondene AS

NO0010044621(NOR) 10,09 3,26 19,0759 ParetoForvaltning AS

NO0010110968(NOR) 10,36 5,08 19,0760 JPMorgan Asset Management(UK) Limited

GB0003418950(GBR) 9,28 5,27 19,0661 DNBAsset Management AS

NO0010336951(NOR) 10,89 4,82 19,0062 BlackRock InvestmentManagement (UK) Limited

GB0006436108(GBR) 32,75 13,31 18,9563 NordeaFonder AB

SE0000444101(SWE) 1,70 2,43 18,8964 CarlsonFonder AB

SE0000432809(SWE) 16,71 12,80 18,8965 First StateInvestments (Hong Kong) Ltd

IE0008369823(IRL) 14,42 11,58 18,7366 Alfred Berg Kapitalforvaltning AS

NO0010089402(NOR) 11,64 4,16 18,7367 StorebrandFondene AS

NO0008000940(NOR) 11,64 4,10 18,72

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



la top 100 dei fondi esteri

68 MarlboroughFund Managers LtdGB00B659XQ05(GBR) 23,16 10,01 18,72


70 StorebrandFondene ASNO0010080815(NOR) 10,20 3,22 18,63

71 SEBInvest InvesteringsforeningenDK0010260629(DNK) 11,91 5,63 18,58

72 BaringInternational Fund Managers (Ireland)LtdIE0000828933(IRL) 2,56 0,19 18,58

73 LansforsakringarFondforvaltning ABSE0000837239(SWE) 10,29 8,18 18,53

74 Fondita Rahastoyhtio OyFI0008802871(FIN) 13,00 8,18 18,49

75 HandelsbankenFonder ABSE0000356065(SWE) 18,21 11,97 18,36

76 ODINForvaltning ASNO0010062953(NOR) 18,49 10,38 18,35

77 F&CManagementLimitedGB0000175058(GBR) 25,06 13,86 18,35


79 JPMorgan Asset Management(UK) LimitedGB0003450359(GBR) 0,08 -2,32 18,26

80 HgCapital Trust PLCGB0003921052(GBR) 13,66 5,24 18,26

81 CarlsonFonder ABSE0000432775(SWE) 16,27 10,91 18,22

82 KLP Kapitalforvaltning ASNO0010272388(NOR) 7,89 3,43 18,20

83 LanneboFonder ABSE0000740698(SWE) 14,66 11,94 18,19

84 Allianz Popular Asset Management,SGIICES0133576035(ESP) 2,09 2,13 18,15

85 NordeaFondene Norge ASNO0010325731(NOR) 13,48 5,41 18,08

86 Skandia FonderABSE0000810814(SWE) 16,12 10,85 18,07

87 Henderson GlobalInvestors LtdGB0009065060(GBR) 31,89 10,39 18,04


89 Atlas Kapitalforvaltning ASNO0010241508(NOR) 8,10 3,30 17,99

90 Swedbank Robur Fonder ABSE0000537706(SWE) 11,69 7,15 17,98

91 NewCity InvestmentManagersGB0000353929(GBR) 4,20 -0,91 17,97

92 First StateInvestments (Hong Kong) LtdIE0031814852 (IRL) 12,12 9,71 17,96

93 Seligson & CoRahastoyhtio OyjFI0008802004(FIN) 7,74 1,56 17,93

94 NordeaFondene Norge ASNO0010325715 (NOR) 11,42 4,81 17,93

95 Fondsforvaltning ASNO0010606080 (NOR) 12,45 7,29 17,92

96 Carnegie Kapitalforvaltning ASNO0008001476(NOR) 11,28 3,46 17,92

97 StorebrandFondene ASNO0008000783(NOR) 10,74 3,46 17,91

98 Fondsfinans Kapitalforvaltning ASANO0010047186(NOR) 8,27 5,51 17,81

99 UBSGlobal Asset Management (Deutschland) GmbHDE0009751651(DEU) 11,33 8,60 17,76

100 Schroder InvestmentManagement LtdGB0006108418(GBR) 27,04 10,98 17,76

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

ALLIANZInsiemeAZ LineaDinamica mmmmm nnnnn 05.03 11,73 33,83 24,87 17,96BB LineaSerena mmmmm nnnnn 05.03 8,30 24,66 18,18 20,88OBRLineaSicura mmmmm nnnnn 05.03 2,35 — 6,76 11,87BO LineaTranquilla mmmmm nnnnn 05.03 4,91 16,14 11,38 19,68L.A. PrevidenzaBB L.A. Previd. Bilanciata mmmmm nnnnn 28.02 3,02 9,03 4,44 1,40OBRL.A. Previd. Garantita mmmmm nnnnn 28.02 2,24 4,96 3,76 11,34BA L.A. Previd. Internaz. mmmmm nnnnn 28.02 3,04 4,09 3,26 -3,48BOCL.A. Previd. Protetta mmmmm nnnnn 28.02 2,31 11,69 3,16 7,80PrevirasOBRLinea1 Obbligaz. mmmmm nnnnn 05.03 1,55 4,85 4,02 11,77BOCLinea2 Obb. Mista mmmmm nnnnn 05.03 5,39 13,33 10,50 21,78BB Linea3 Bilanciata mmmmm nnnnn 05.03 7,67 21,71 15,93 20,23AZ Linea4 Az. Int. mmmmm nnnnn 05.03 10,74 32,26 22,06 14,49

ALMEGLIO DIALLEANZA TOROAZ AlMeglioAzionario mmmmm nnnnn 04.03 6,44 27,18 15,63 -5,00BBRAlMeglioBilanciato mmmmm nnnnn 04.03 4,31 21,76 9,38 6,90OBRAlMeglioObbligaz. mmmmm nnnnn 04.03 2,89 16,33 2,28 10,69

AMUNDI A. M.SecondaPensioneF.P.A.MO SPDifensiva mmmmm nnnnn 28.02 4,24 6,93 5,10 10,70AZ SPEspansione mmmmm nnnnn 28.02 8,24 10,72 10,74 4,15FLCSPGarantita mmmmm nnnnn 28.02 3,08 10,14 5,26 10,43BO SPProgressiva mmmmm nnnnn 28.02 7,81 10,39 10,85 16,00BO SPSicurezza mmmmm nnnnn 28.02 5,79 8,81 7,58 12,46BB SPSviluppo mmmmm nnnnn 28.02 8,76 10,33 11,31 12,33

ARCAArcaPrevidenzaAZ LineaAltaCrescita mmmmm nnnnn 28.02 — — 24,53 —AZ LineaAltaCrescita C mmmmm nnnnn 28.02 — — — —AZ LineaAltaCrescita R mmmmm nnnnn 28.02 — — 26,46 —BB LineaCrescita mmmmm nnnnn 28.02 — — 19,03 —BB LineaCrescita C mmmmm nnnnn 28.02 — — — —BB LineaCrescita R mmmmm nnnnn 28.02 — — 20,77 —MOCLineaGaranzia mmmmm nnnnn 28.02 — 5,75 4,38 —OBCLineaGaranzia C mmmmm nnnnn 28.02 — 5,75 — —MOCLineaGaranzia R mmmmm nnnnn 28.02 — 5,75 5,59 —FLCLineaObiettivo TFR mmmmm nnnnn 28.02 — — 7,92 —OBCLineaObiettivo TFR C mmmmm nnnnn 28.02 — — — —FLCLineaObiettivo TFR R mmmmm nnnnn 28.02 — — 9,46 —BO LineaRendita mmmmm nnnnn 28.02 — — 14,40 —OB LineaRendita C mmmmm nnnnn 28.02 — — — —BO LineaRendita R mmmmm nnnnn 28.02 — — 16,08 —

ASSICURAZIONIGENERALIPrevigenGlobalBB Balance mmmmm nnnnn 31.01 7,15 7,51 15,44 15,78BORBond mmmmm nnnnn 31.01 6,63 10,10 9,53 16,79AZ Capital mmmmm nnnnn 31.01 9,14 18,31 18,62 4,18PrevigenValoreBB Genbalance mmmmm nnnnn 31.01 6,51 7,51 14,40 13,07OBRGenbond mmmmm nnnnn 31.01 5,17 10,42 6,60 14,53BORGenbondPiù mmmmm nnnnn 31.01 5,95 10,10 7,29 13,35AZ Gencapital mmmmm nnnnn 31.01 8,65 18,31 16,50 -4,13

ASSIMOCO VITAF.P.A.Il MelogranoAZ LineaDinamica mmmmm nnnnn 27.02 4,10 — 8,63 -5,18

BB LineaEquilibrata mmmmm nnnnn 27.02 3,92 — 8,11 5,09BO LineaGarantita mmmmm nnnnn 27.02 3,14 6,17 3,87 7,30OB LineaPrudente mmmmm nnnnn 27.02 3,11 10,70 6,40 12,66

AVIVAAvivaBA L.Inv. Azionaria mmmmm nnnnn 28.02 11,08 — 19,19 6,85BB L.Inv. Bilanciata mmmmm nnnnn 28.02 9,77 — 14,15 15,21OB L.Inv. Gar.Rend.Mn.Pres mmmmm nnnnn 28.02 6,93 12,73 8,39 15,23BO L.Inv.Gar.Rest.Capitale mmmmm nnnnn 28.02 7,97 — 10,01 16,08BO L.Inv. Obbligazionaria mmmmm nnnnn 28.02 8,75 — 12,51 16,41AvivaAss. V. UBI Prev.BA Comparto AggressivoCl.C mmmmm nnnnn 28.02 — 16,26 20,16 —BA CompartoAggressivo Cl.I mmmmm nnnnn 28.02 — 19,26 18,62 —BOCCompartoCapital.Sicuro mmmmm nnnnn 28.02 — 3,78 0,51 —BB CompartoDinamico Cl.C mmmmm nnnnn 28.02 — 15,13 16,91 —BB CompartoDinamico Cl.I mmmmm nnnnn 28.02 — 17,77 15,98 —OB CompartoGarantito mmmmm nnnnn 28.02 — 7,07 1,77 —BO CompartoModeratoCl.C mmmmm nnnnn 28.02 — 16,68 11,89 —BO CompartoModerato Cl.I mmmmm nnnnn 28.02 — 14,21 11,72 —BO CompartoPrudente Cl.C mmmmm nnnnn 28.02 — 12,54 8,25 —BO Comparto Prudente Cl.I mmmmm nnnnn 28.02 — 12,54 8,16 —

AXAASSICURAZIONIMO CompartoConservativo mmmmm nnnnn 04.03 0,06 -69,16 0,14 2,76BA CompartoDinamico mmmmm nnnnn 04.03 5,04 21,83 11,14 6,68BO CompartoEquilibrato mmmmm nnnnn 04.03 4,87 18,03 10,83 12,28BORCompartoGarantito mmmmm nnnnn 04.03 2,00 6,49 3,74 8,51BO CompartoPrudente mmmmm nnnnn 04.03 5,97 15,88 10,51 14,43

AXAMPS ASSICURAZIONI VITAAxa MPSPrevidenza in AziendaBB LineaCombinata mmmmm nnnnn 15.02 7,77 19,46 19,19 17,61BO LineaEquilibrio mmmmm nnnnn 15.02 5,32 17,14 13,38 17,11BOCLineaSicura mmmmm nnnnn 15.02 1,53 7,02 1,73 5,10BA LineaSviluppo mmmmm nnnnn 15.02 9,34 19,79 22,52 16,35OB LineaTenuta mmmmm nnnnn 15.02 1,86 15,66 6,36 15,09Axa MPSPrevidenza perTeBA LineaCrescita mmmmm nnnnn 15.02 8,88 19,79 20,98 14,00BOCLineaGarantita mmmmm nnnnn 15.02 1,09 7,02 0,63 3,20BB LineaMista mmmmm nnnnn 15.02 7,34 19,46 17,94 15,63OB LineaMoneta mmmmm nnnnn 15.02 1,50 15,66 5,66 13,38BO LineaStabilità mmmmm nnnnn 15.02 5,04 17,14 12,94 16,45

AZIMUT PREVIDENZABA CompartoCrescita mmmmm nnnnn 05.03 4,97 — 2,71 3,04BB CompartoEquilibrato mmmmm nnnnn 05.03 3,91 — 2,80 3,99BORCompartoGarantito mmmmm nnnnn 05.03 3,65 — 5,43 6,98BO CompartoProtetto mmmmm nnnnn 05.03 0,94 — -1,48 0,60

BANCASSURANCEPOP.RIBap Pensione2007BO LineaEquilibrio mmmmm nnnnn 31.01 7,56 7,59 2,82 -1,26BO LineaEquilibrioA mmmmm nnnnn 31.01 8,87 7,59 4,45 2,06BA LineaInvestimento mmmmm nnnnn 31.01 9,53 1,03 -0,19 -12,45BA LineaInvestimento A mmmmm nnnnn 31.01 11,72 1,03 2,14 -8,57OBRLineaTFR mmmmm nnnnn 31.01 3,18 7,20 2,50 2,58OBRLineaTFR A mmmmm nnnnn 31.01 5,02 7,20 4,13 5,42

BCC RISPARMIO & PREVIDENZAAZ Aureocomparto az. mmmmm nnnnn 28.02 — 33,28 15,26 —BB Aureocomparto bil. mmmmm nnnnn 28.02 — 24,77 12,33 —MO Aureocomparto gar. mmmmm nnnnn 28.02 — 3,23 2,39 —

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



fondi pensione aperti

OB Aureocomparto obbl. mmmmm nnnnn 28.02 — 13,49 6,92 —

BIM VITABB BimVita Bil.Globale mmmmm nnnnn 31.01 8,97 5,17 4,30 6,88OB BimVita Bond mmmmm nnnnn 31.01 5,46 13,26 9,31 21,76BO BimVita Equilibrio mmmmm nnnnn 31.01 5,64 10,87 6,91 14,58AZ BimVita Equity mmmmm nnnnn 31.01 11,45 0,35 -0,28 -6,33

C.R.F. PREVIDENZAOB Comparto1 (obbligaz.) mmmmm nnnnn 28.02 — 7,38 4,10 —BO Comparto2(bil./obb.) mmmmm nnnnn 28.02 — 12,77 8,53 —BB Comparto3 (bilanciato) mmmmm nnnnn 28.02 — 13,06 9,06 —BA Comparto4 (bil./az.) mmmmm nnnnn 28.02 — 13,25 8,18 —BOKComparto5 (garant.) mmmmm nnnnn 28.02 — 7,72 3,97 —

CARIGEBB Dinamico mmmmm nnnnn 28.02 — 19,53 13,84 —BB DinamicoA mmmmm nnnnn 28.02 — 19,53 16,61 —BO Equilibrato mmmmm nnnnn 28.02 — 14,84 15,04 —BO EquilibratoA mmmmm nnnnn 28.02 — 14,84 16,89 —BOCObiettivoTfr mmmmm nnnnn 28.02 — 13,36 5,43 —BOCObiettivoTfr A mmmmm nnnnn 28.02 — 13,36 6,54 —OB Prudente mmmmm nnnnn 28.02 — 8,25 9,98 —OB PrudenteA mmmmm nnnnn 28.02 — 8,25 11,15 —

CREDEMPREVIDENZAAZ CompartoAzionario A mmmmm nnnnn 28.02 — 24,91 17,30 —AZ CompartoAzionario B mmmmm nnnnn 28.02 — 24,91 18,92 —BB CompartoBilanciatoA mmmmm nnnnn 28.02 — 18,22 13,00 —BB CompartoBilanciatoB mmmmm nnnnn 28.02 — 18,22 13,94 —MO CompartoMonetario A mmmmm nnnnn 28.02 — 5,43 6,38 —MO CompartoMonetario B mmmmm nnnnn 28.02 — 5,43 6,69 —BORCompartoObb. Gar.A mmmmm nnnnn 28.02 — 11,88 7,97 —BORCompartoObb.Gar.B mmmmm nnnnn 28.02 — 11,88 8,25 —

CRÉDITAGRICOLE VITAAZ Taro mmmmm nnnnn 28.02 — 29,42 20,88 —AZ TaroCl.A mmmmm nnnnn 28.02 — 29,42 22,45 —AZ TaroCl.B mmmmm nnnnn 28.02 — 29,42 23,71 —BORTicino mmmmm nnnnn 28.02 — 10,22 7,28 —BO TicinoCl.A mmmmm nnnnn 28.02 — 10,22 8,54 —BO TicinoCl.B mmmmm nnnnn 28.02 — 10,22 10,00 —BB Trebbia mmmmm nnnnn 28.02 — 28,31 19,82 —BB Trebbia Cl.A mmmmm nnnnn 28.02 — 28,31 21,40 —BB Trebbia Cl.B mmmmm nnnnn 28.02 — 28,31 22,12 —

CREDITRASVITAUnicreditAZ LineaDinamica mmmmm nnnnn 05.03 10,26 32,26 22,32 12,44BB LineaSerena mmmmm nnnnn 05.03 6,90 21,71 15,87 17,06OBRLineaSicura mmmmm nnnnn 05.03 1,37 4,85 3,51 10,88BOCLineaTranquilla mmmmm nnnnn 05.03 4,27 13,33 10,12 21,07

FONDIARIA- SAIF.P.A.Conto PrevidenzaAZ CompartoAzion. Cl.A mmmmm nnnnn 31.01 10,27 21,74 21,55 15,39AZ CompartoAzion. Cl.B mmmmm nnnnn 31.01 10,30 21,74 21,72 15,85AZ CompartoAzionario mmmmm nnnnn 31.01 9,38 21,74 18,63 10,75BB CompartoBil. Cl.A mmmmm nnnnn 31.01 9,62 20,71 15,41 17,34BB CompartoBil. Cl.B mmmmm nnnnn 31.01 9,67 20,71 15,59 17,53BB CompartoBilanciato mmmmm nnnnn 31.01 8,98 20,71 13,42 13,79BORCompartoGar. Cl.A mmmmm nnnnn 31.01 6,24 10,87 8,00 17,40BORCompartoGar. Cl.B mmmmm nnnnn 31.01 6,29 10,87 8,18 17,68

BORCompartoGarantito mmmmm nnnnn 31.01 5,76 10,87 6,58 15,04OB CompartoObbigaz. mmmmm nnnnn 31.01 3,88 12,74 7,64 20,90OB CompartoObbl. Cl.A mmmmm nnnnn 31.01 4,34 12,74 9,09 23,61OB CompartoObbl. Cl.B mmmmm nnnnn 31.01 4,40 12,74 9,26 23,94FLRCompartoPremium TFR mmmmm nnnnn 31.01 4,31 — 8,36 —F.P.A.Fondiaria PrevidenteAZ CompartoAzionario mmmmm nnnnn 31.01 9,19 21,74 16,04 6,23BB CompartoBilanciato mmmmm nnnnn 31.01 8,81 20,71 13,81 14,15BORCompartoGarantito mmmmm nnnnn 31.01 6,12 10,87 6,94 15,89MO CompartoMonetario mmmmm nnnnn 31.01 2,01 3,97 1,80 7,62OB CompartoObbigaz. mmmmm nnnnn 31.01 4,24 12,74 7,80 21,23F.P.A.SaiOBRLineaPrevi-Bond mmmmm nnnnn 31.01 4,87 13,26 8,37 20,20BORLineaPrevi-Capital mmmmm nnnnn 31.01 3,35 5,76 4,52 14,17AZ LineaPrevi-Europa mmmmm nnnnn 31.01 12,19 -1,23 10,98 6,82BORLineaPrevi-Gest mmmmm nnnnn 31.01 5,55 10,87 6,30 13,77AZ LineaPrevi-Global mmmmm nnnnn 31.01 7,23 28,71 22,77 25,38BB LineaPrevi-Mix mmmmm nnnnn 31.01 9,86 7,97 9,18 5,78

HDIASSICURAZIONIF.P.A.Azionedi PrevidenzaAZ LineaDinamica mmmmm nnnnn 15.02 5,58 7,30 7,97 -12,34BO LineaEquilibrata mmmmm nnnnn 15.02 7,12 7,64 10,57 11,77BOCLineaGarantita mmmmm nnnnn 15.02 8,37 3,19 11,05 22,30OB LineaPrudente mmmmm nnnnn 15.02 8,16 2,80 9,73 19,44

INAASSITALIAFondoPensione Aperto INABO Inv. Bilanciato mmmmm nnnnn 31.01 7,81 13,79 12,43 11,63BOCInv. CapitaleGarant. mmmmm nnnnn 31.01 4,23 5,26 6,24 11,09BA Inv. Crescita mmmmm nnnnn 31.01 10,40 16,70 16,38 0,85BO Inv. Protezione mmmmm nnnnn 31.01 4,63 8,03 6,36 9,44BORInv. Rendim.Garant. mmmmm nnnnn 31.01 6,20 11,54 9,09 15,60BO Inv. TFR Garant.2015 mmmmm nnnnn 31.01 14,53 4,59 — —BO Inv. TFR Garant.2023 mmmmm nnnnn 31.01 29,55 4,59 — —BO Inv. TFR Garant.2033 mmmmm nnnnn 31.01 31,63 4,59 — —

INTESASANPAOLO PREVIDENZAF.P.A.GiustinianoBA GiustinianoAzionaria mmmmm nnnnn 28.02 — 32,99 21,63 —BO Giustiniano Bilanciata mmmmm nnnnn 28.02 — 24,59 17,25 —OB GiustinianoMonetaria mmmmm nnnnn 28.02 — 4,96 3,67 —OB GiustinianoObbligaz. mmmmm nnnnn 28.02 — 32,90 9,34 —BOCGiustinianoTFR + mmmmm nnnnn 28.02 — 5,21 8,09 —F.P.A.Il Mio DomaniBO LineaBreve Termine mmmmm nnnnn 28.02 — 4,62 16,73 —BO Linea Breve TermineCl. C mmmmm nnnnn 28.02 — 4,62 — —AZ LineaLungo Termine mmmmm nnnnn 28.02 — — 27,97 —FL Linea LungoTermine Cl.C mmmmm nnnnn 28.02 — — — —BB LineaMedio Termine mmmmm nnnnn 28.02 — 4,49 11,79 —FL LineaMedio TermineCl.C mmmmm nnnnn 28.02 — 4,49 — —BORLineaTFR mmmmm nnnnn 28.02 — 5,21 9,46 —BO LineaTFR Cl.C mmmmm nnnnn 28.02 — 5,21 — —F.P.A.Intesa Mia PrevidenzaBO PianoPrevid.Accumulo mmmmm nnnnn 28.02 — 16,77 9,83 —MOCPianoPrevid.Capitale mmmmm nnnnn 28.02 — 7,22 4,52 —BO PianoPrevid.Crescita mmmmm nnnnn 28.02 — 12,80 10,44 —BA PianoPrevid.Dinamico mmmmm nnnnn 28.02 — 19,85 12,50 —OB PianoPrevid.Reddito mmmmm nnnnn 28.02 — 9,20 6,03 —F.P.A.PrevidSystemBO AccumulazioneBilan. mmmmm nnnnn 28.02 — 22,77 15,04 —BO CrescitaDinamica mmmmm nnnnn 28.02 — 13,52 9,57 —BO CrescitaPrudente mmmmm nnnnn 28.02 — 10,26 7,93 —





BA RivalutazioneAzionaria mmmmm nnnnn 28.02 — 30,99 20,08 —BORTFR + mmmmm nnnnn 28.02 — 5,21 7,54 —

INTESASANPAOLO VITAF.P.A.Sanpaolo PrevidenzaBA LineaBil.Azionaria mmmmm nnnnn 28.02 — 29,65 14,93 —BB LineaBilanciata mmmmm nnnnn 28.02 — 24,53 13,62 —MO LineaMonetaria mmmmm nnnnn 28.02 — 3,92 2,61 —OB LineaObbligazionaria mmmmm nnnnn 28.02 — 11,71 8,35 —BO LineaProtetta mmmmm nnnnn 28.02 — 9,06 2,30 —F.P.A.Sanpaolo Previdenza AziendeBA LineaBil.Azionaria mmmmm nnnnn 28.02 — 29,65 16,71 —BO LineaBil.Obbligaz. mmmmm nnnnn 28.02 — 19,40 13,06 —BB LineaBilanciata mmmmm nnnnn 28.02 — 24,53 15,17 —BORLineaGarantita mmmmm nnnnn 28.02 — 8,95 3,61 —OB LineaObbligazionaria mmmmm nnnnn 28.02 — 11,71 9,37 —

ITAS VITAF.P.A.PensPlan PlurifondsAZ ActivITAS mmmmm nnnnn 15.02 5,89 21,81 11,67 5,09BO AequITAS mmmmm nnnnn 15.02 6,03 20,52 14,02 22,92BOCSecurITAS mmmmm nnnnn 15.02 3,89 3,46 6,22 14,65BO SerenITAS mmmmm nnnnn 15.02 6,04 12,65 11,71 20,35BB SolidITAS mmmmm nnnnn 15.02 5,91 18,76 12,55 11,07AZ SummITAS mmmmm nnnnn 15.02 5,31 25,86 11,11 3,94

MILANO ASS.OBRMilanoBond mmmmm nnnnn 31.01 4,81 13,26 8,16 19,90OBRMilanoBond Cl.A mmmmm nnnnn 31.01 5,23 13,26 9,47 22,31OBRMilanoBond Cl.B mmmmm nnnnn 31.01 5,27 13,26 9,60 22,58AZ MilanoEuropa mmmmm nnnnn 31.01 12,07 -1,23 17,23 18,53AZ MilanoEuropa Cl.A mmmmm nnnnn 31.01 12,76 -1,23 19,46 22,34AZ MilanoEuropa Cl.B mmmmm nnnnn 31.01 12,82 -1,23 19,62 22,67BORMilanoGest mmmmm nnnnn 31.01 5,37 10,87 7,88 22,27BORMilanoGest. Cl.A mmmmm nnnnn 31.01 5,83 10,87 9,35 25,03BORMilanoGest. Cl.B mmmmm nnnnn 31.01 5,88 10,87 9,46 25,27AZ MilanoGlobal mmmmm nnnnn 31.01 7,12 28,71 23,98 27,68AZ MilanoGlobal Cl.A mmmmm nnnnn 31.01 7,80 28,71 26,34 31,77AZ MilanoGlobal Cl.B mmmmm nnnnn 31.01 7,84 28,71 26,49 32,26BB MilanoMix mmmmm nnnnn 31.01 8,95 7,97 13,67 13,38BB MilanoMix Cl.A mmmmm nnnnn 31.01 9,45 7,97 15,27 16,04BB MilanoMix Cl.B mmmmm nnnnn 31.01 9,52 7,97 15,45 16,37FL MilanoPremium TFR mmmmm nnnnn 31.01 4,23 — 8,57 23,76

NATIONALE SUISSEVITABO Previsuisse-C.Crescita mmmmm nnnnn 31.01 6,63 20,74 14,15 14,75BB Previsuisse-C.Dinamica mmmmm nnnnn 31.01 7,25 27,82 18,02 10,55OBCPrevisuisse-C.Garanz. mmmmm nnnnn 31.01 6,02 13,65 10,10 18,07

PENSPLANINVESTPensPlanProfi F.P.A.BB CompartoLinea A mmmmm nnnnn 28.02 6,74 22,23 10,95 20,95BO CompartoLinea B mmmmm nnnnn 28.02 6,43 12,34 11,23 21,78OB CompartoLinea C mmmmm nnnnn 28.02 2,32 6,66 4,70 10,49RaiffeisenF.P.A.BO LineaActivity mmmmm nnnnn 15.02 8,62 11,63 14,13 18,04BA LineaDynamic mmmmm nnnnn 15.02 9,63 9,49 14,51 6,87OB LineaSafe mmmmm nnnnn 15.02 6,29 12,97 9,93 20,19

PIONEER INVESTMENT MGMTUniCreditPrevidenzaAZ LineaAzionaria mmmmm nnnnn 31.01 13,36 27,42 22,72 7,69BB LineaBilanciata mmmmm nnnnn 31.01 11,78 22,74 19,99 13,31

BA LineaDataTarget 2035+ mmmmm nnnnn 31.01 11,90 25,46 22,41 12,69BO LineaDT2015 mmmmm nnnnn 31.01 4,81 18,38 8,95 10,55BO LineaDT2020 mmmmm nnnnn 31.01 11,05 16,81 16,58 16,08BB LineaDT2025 mmmmm nnnnn 31.01 11,00 23,10 19,11 15,38BB LineaDT2030 mmmmm nnnnn 31.01 11,04 25,46 20,15 13,43MO LineaGarantita mmmmm nnnnn 31.01 4,22 5,85 7,27 10,07BO LineaObb. Breve Periodo mmmmm nnnnn 31.01 3,68 16,01 6,50 6,78OB LineaObblig. Reale mmmmm nnnnn 31.01 5,48 11,19 8,53 16,10BO LineaPrudente mmmmm nnnnn 31.01 10,45 16,86 16,62 19,28

POPOLARE VITAOBRPopolareBond mmmmm nnnnn 31.01 4,73 13,26 8,44 20,17OBRPopolareBond Cl.A mmmmm nnnnn 31.01 5,15 13,26 9,75 —OBRPopolareBond Cl.B mmmmm nnnnn — — — — —BORPopolareGest mmmmm nnnnn 31.01 5,14 10,87 7,19 16,25BORPopolareGest Cl.A mmmmm nnnnn 31.01 5,52 10,87 8,34 —BORPopolareGest Cl.B mmmmm nnnnn 31.01 5,60 10,87 — —BB PopolareMix mmmmm nnnnn 31.01 8,63 7,97 12,65 9,98BB PopolareMix Cl.A mmmmm nnnnn 31.01 9,07 7,97 14,01 —BB PopolareMix Cl.B mmmmm nnnnn 31.10 — — — —

REALE MUTUA ASSICURAZIONIBB Teseo-L.Bilanc.Etica mmmmm nnnnn 31.01 9,72 5,98 11,49 7,61MORTeseo-L.Garan. Etica mmmmm nnnnn 31.01 3,69 5,85 4,63 10,38OB Teseo-L.Prudenz.Etica mmmmm nnnnn 31.01 6,76 14,95 11,18 20,61AZ Teseo-L.Sviluppo Etica mmmmm nnnnn 31.01 13,21 14,04 9,50 -11,87

TORO PREVID. DI ALLEANZA TOROAZ LineaAzionaria mmmmm nnnnn 31.01 9,65 22,59 14,11 0,98AZ LineaAzionaria A mmmmm nnnnn 31.01 10,40 22,59 16,25 4,05AZ LineaAzionaria B mmmmm nnnnn 31.01 10,50 22,59 16,55 4,42AZ LineaAzionaria C mmmmm nnnnn 31.01 10,59 22,59 16,88 4,95BBRLineaBil. Garanzia mmmmm nnnnn 31.01 4,80 19,19 8,77 9,63BBRLineaBil. Garanzia A mmmmm nnnnn 31.01 4,81 19,19 8,80 9,70BBRLineaBil. Garanzia B mmmmm nnnnn 31.01 — 19,19 — —BBRLineaBil. Garanzia C mmmmm nnnnn 31.01 4,79 19,19 8,79 9,67OBRLineaObbl. Garanzia mmmmm nnnnn 31.01 3,32 14,83 1,98 10,34OBRLineaObbl. Garanzia A mmmmm nnnnn 31.01 3,78 14,83 3,35 12,81OBRLineaObbl. GaranziaB mmmmm nnnnn 31.01 3,88 14,83 3,64 13,34OBRLineaObbl. Garanzia C mmmmm nnnnn 31.01 3,96 14,83 3,92 13,83

UNIPOL ASSICURAZIONIUnipolInsiemeBOCLineaCrescita mmmmm nnnnn 27.02 6,27 19,21 14,82 22,90BORLineaProtezione Etica mmmmm nnnnn 27.02 3,24 8,80 6,23 15,85BB LineaSviluppo mmmmm nnnnn 27.02 7,80 18,96 16,09 15,42AZ LineaValore mmmmm nnnnn 27.02 8,47 22,34 18,10 8,05UnipolPrevidenzaOBRLineaA:Obbl.garanz. mmmmm nnnnn 26.02 6,40 13,24 11,78 24,66BORLineaB:Ob.mista gar mmmmm nnnnn 26.02 5,91 13,13 10,60 18,54BO LineaC:Obbligaz. mista mmmmm nnnnn 26.02 5,72 16,57 12,66 17,22BB LineaD:Bilanciata mmmmm nnnnn 26.02 5,87 18,51 13,46 9,81

VITTORIAFORMULA LAVOROAZ PrevidenzaCapitalizz. mmmmm nnnnn 28.02 — 25,09 11,56 —BB PrevidenzaEquilibrata mmmmm nnnnn 28.02 — 18,83 10,04 —BORPrevidenzaGarantita mmmmm nnnnn 28.02 — 14,14 7,10 —

ZEDOMNIFUNDAZ Azionaria mmmmm nnnnn 28.02 — 20,42 10,99 —BO Bilanciata30 mmmmm nnnnn 28.02 — 16,26 10,52 —BA Bilanciata65 mmmmm nnnnn 28.02 — 18,13 11,27 —OBRGarantita mmmmm nnnnn 28.02 — 9,82 1,15 —





Note:C: con garanzia di capitale.R: con garanzia di rendimento.K: con garanzia di capitale e rendimento.

OB Obbligazionaria mmmmm nnnnn 28.02 — 13,63 8,02 —

ZURICH CONTRIBUTIONOB LineaConservativa mmmmm nnnnn 28.02 — 13,63 7,08 —BA LineaDinamica mmmmm nnnnn 28.02 — 18,13 14,04 —OBRLineaGarantita mmmmm nnnnn 28.02 — 9,82 3,89 —




fondi chiusi immobiliari a cura di

LEGENDA(1)Ultimo Navannualedisponibile (30/06/2012), rettificatopereventualidividendi erimborsidistribuiti.(2) rapportotraprezzodimercato eNav.(3) Canoni/Valore immobili:ècalcolato rapportandol'ultimodato diffusosuicanoni annuie il valoredegli immobiliimplicitoneiprezzi diborsa. (4) Div.12m/prezzo: calcolatorapportandoildivideno cumulatonegliultimi 12mesi rispettoall'ultimoprezzodisponibile.Eventualidistribuzionidi capitalenon sonostatecomputate,se debitamentecomunicate edettagliate.Diversi fondihanno distribuitoplusvalenzemonetizzatederivanti dallacessionedi immobiliealcunihanno posto inpagamento 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 rendimentiaunasettimanae2012: 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 (12/2013) 219,80 539,482 -59,3 +19,6 +9,7 161028 -2,78 +7,22 +2,48 +35,55 12-2016 +26,1Atlantic2 (12/2015) 182,90 359,986 -49,2 +20,8 +5,3 18283 +8,10 +12,20 +4,51 +23,31 12-2015 +26,7EstenseG.D. (12/2013) 2000,00 2788,705 -28,3 +9,2 +6,6 219871 +1,68 +4,54 +0,10 +17,93 12-2016 +9,0Europa Imm. 1(12/2014) 454,90 1537,136 -70,4 +15,8 — 133516 -14,85 -3,19 -12,60 -2,56 12-2017 +28,3FondoAlpha(06/2015) 1098,00 3701,013 -70,3 +41,8 — 60040 +1,89 +8,87 -0,18 +3,78 12-2019 +19,2FondoBeta(02/2015) 311,00 555,747 -44,0 +29,3 +1,6 27513 +7,53 +9,90 -1,18 -3,58 02-2015 +34,0FondoDelta(12/2014) 32,39 96,941 -66,6 +28,3 — 211033 -16,67 -0,50 -5,15 +5,10 12-2017 +25,1Imm. dinamico (12/2020) 63,95 239,488 -73,3 +14,0 — 59237 -13,64 +0,58 -0,85 +6,76 12-2020 +18,1Immobilium 2001(12/2017) 1620,00 4249,205 -61,9 +12,3 — 47099 -3,29 +2,74 -10,00 +5,88 12-2020 +12,9InvestRealSec. (12/2013) 1019,00 2226,369 -54,2 +10,8 — 79923 -6,67 +0,62 -0,78 +3,77 12-2016 +22,3Investietico(12/2015) 1526,00 2683,507 -43,1 +11,7 +13,3 289281 +0,67 +4,46 +3,95 +12,04 12-2018 +10,0Med.RE -A 3,34 5,732 -41,7 +22,2 — 50852 -5,55 +1,95 -9,49 +6,03 12-2027 +3,7Med.RE -B 3,09 4,449 -30,6 +22,2 +6,3 165725 -2,29 +2,11 -4,98 -14,13 12-2027 +2,5Obelisco(12/2015) 695,00 1913,573 -63,7 +10,6 — 32744 -14,22 -1,85 -8,67 +10,14 12-2018 +18,7Olinda(12/2014) 116,30 465,087 -75,0 +22,9 — 154526 -3,42 +7,05 +1,04 +6,43 12-2014 +111,8Polis (12/2015) 657,00 2011,111 -67,3 +12,6 — 141576 -3,47 +3,10 -3,95 +8,26 12-2018 +20,9PortfolioImm. (12/2013) 1128,00 1692,038 -33,3 +12,2 — 231287 -1,16 +1,03 +4,83 +20,92 12-2016 +11,0RE Europa (12/2016) 826,00 2153,920 -61,7 +12,2 +8,2 775970 -5,34 +1,20 +4,29 +23,64 12-2022 +10,1RE Italia (12/2016) 1144,00 2436,496 -53,0 +11,2 +7,9 307469 +0,11 +4,37 +5,44 +24,13 12-2019 +11,5Risp. Imm.1 Energia (12/2018) 6605,00 6753,262 -2,2 +11,4 — — -3,34 -3,05 +1,62 -5,11 12-2021 +0,2Securfondo (12/2014) 1485,00 2436,597 -39,1 +8,4 +6,8 106867 +2,87 +5,19 +7,61 +18,80 12-2020 +6,4Tecla(12/2014) 155,00 355,808 -56,4 +22,3 +17,4 29788 +9,36 +13,70 -1,65 +2,26 12-2014 +56,8UnicreditoImm.1 (12/2014) 1529,00 3106,716 -50,8 +18,0 — 344818 -0,42 +3,99 +3,38 +7,14 12-2020 +9,3ValoreImm. glob. (12/2014) 1709,00 3940,415 -56,6 +16,8 — 38208 -0,40 +2,89 +4,65 -5,88 12-2022 +8,7(Noriskprestaoccasionalmenteeautonomamenteattivitàdi consulenzaafavoredegliemittentidegli strumenti finanziarioggettodi analisi)


EXCHANGE TRADED FUND a cura di

AZIONARIOemergenteDbX-Trackers Ftse China 25 Etf(LU0292109856)[SinteticaFunded:con Swap(100%)(collaterale119,63%)] mmmmm 0,60 0,35 186.392 5,41DbX-Trackers MsciKorea TrnIndex Etf(LU0292100046)[SinteticaFunded:con Swap(100%)(collaterale119,62%)] mmmmm 0,65 0,46 179.501 9,04Amundi EtfMsciBrazil (FR0010821793)[SinteticaUnfunded:basketsostitutivo (100,39%) Swap(-0,39%)] mmmmm 0,55 0,32 176.328 -13,28Lyxor EtfHong Kong (Hsi)(FR0010361675)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,65 0,65 175.859 14,91IsharesMsciEastern Europe (IE00B0M63953)[FisicaaCampione:prestito titoli(8,74%) ecollaterale (102,5%-112%)] mmmmm 0,74 0,41 160.506 1,39Lyxor EtfPan Africa (FR0010636464)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,85 1,44 154.724 -18,14IsharesMsciPacific Ex-Japan (IE00B4WXJD03)[FisicaCompleta] mmmmm 0,60 1,19 154.553 24,27Spdr S&PEmerging MarketsDividend Etf (IE00B6YX5B26)[FisicaCompleta] mmmmm 0,65 0,81 154.517 -Lyxor EtfMsci Indonesia (FR0011067511)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,55 1,75 152.698 20,45CsEtf (Ie)Csi 300 (IE00B5VG7J94)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,50 1,24 152.492 -1,22Amundi EtfMsciEmerging Markets (A) (FR0010959676)[SinteticaUnfunded:basketsostitutivo (101%)Swap (-1%)] mmmmm 0,45 1,00 149.501 4,95CsEtf (Ie)MsciMexico Capped (IE00B5WHFQ43)[FisicaCompleta] mmmmm 0,65 2,27 136.167 22,37DbX-Trackers Msci Indonesia Trni Etf (LU0476289623)[SinteticaFunded:con Swap(100%)(collaterale119,62%)] mmmmm 0,65 0,87 133.781 20,12CsEtf (Ie)MsciRussia Adr/Gdr (IE00B5V87390)[FisicaCompleta] mmmmm 0,65 2,06 127.857 -6,11IsharesFtse Epra/NareitAsia Property(IE00B1FZS244)[FisicaCompleta:prestito titoli(7,92%) e collaterale(102,5%-112%)] mmmmm 0,59 0,69 125.057 29,80DbX-Trackers MsciPacific Ex Japan Etf(LU0322252338)[SinteticaFunded:con Swap(100%)(collaterale119,59%)] mmmmm 0,45 0,49 117.686 24,84Lyxor EtfAustralia (LU0496786905)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,40 1,07 114.505 25,95Lyxor EtfMsciEm Latin America(FR0010410266)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,65 0,41 110.549 -4,07Amundi EtfMsciPacific Ex Japan(FR0010713669)[SinteticaUnfunded:basketsostitutivo (99,84%)Swap (0,16%)] mmmmm 0,45 0,64 105.175 23,74CsEtf (Lux)MsciEmerging Markets(LU0254097446)[FisicaaCampione:prestito titoli(2.8%)e collaterale (105%)] mmmmm 0,69 0,33 103.749 4,90IsharesS&PEmerging MktsInfrastructure (IE00B2NPL135)[FisicaCompleta] mmmmm 0,74 1,81 102.457 15,11IsharesMsciEmerging Markets(Acc) (IE00B4L5YC18)[FisicaaCampione:prestito titoli(0,68%) ecollaterale (102,5%-112%)] mmmmm 0,75 0,35 96.529 4,87DbX-Trackers MsciEm Latam TrnEtf (LU0292108619)[SinteticaFunded:con Swap(100%)(collaterale117,71%)] mmmmm 0,65 0,50 94.314 -4,31IsharesMsciEm LatinAmerica (IE00B27YCK28)[FisicaaCampione:prestito titoli(0,40%) e collaterale(102,5%-112%)] mmmmm 0,74 0,58 93.072 -3,82UBS-ETFMSCI Emerging MarketsI (LU0480133098)[FisicaaCampione:prestito titoli(4%) ecollaterale (106,2%)] mmmmm 0,45 0,31 92.203 -Amundi EtfMsci India (FR0010713727)[SinteticaUnfunded:basketsostitutivo (100,28%)Swap (-0,28%)] mmmmm 0,80 0,53 80.534 5,42Spdr MsciEmerging MarketsSmall Cap Etf(IE00B48X4842)[FisicaaCampione] mmmmm 0,65 0,84 79.919 -DbX-Trackers MsciTaiwan TrnIndex Etf(LU0292109187)[SinteticaFunded:con Swap(100%)(collaterale119,62%)] mmmmm 0,65 0,43 74.513 5,91DbX-Trackers S&PSelect Frontier Etf(LU0328476410)[SinteticaFunded:con Swap(100%)(collaterale114,57%)] mmmmm 0,95 0,76 65.578 5,43Lyxor EtfThailand (Set 50 NetTr) (FR0011067529)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,45 1,48 61.144 36,22Amundi EtfMsciEastern Europe ExRussia (FR0010717074)[SinteticaUnfunded:basketsostitutivo (99,79%) Swap(0,21%)] mmmmm 0,45 1,10 60.014 10,28CsEtf (Ie)MsciBrazil (IE00B59L7C92)[FisicaCompleta] mmmmm 0,65 1,84 56.906 -CsEtf (Ie)MsciChile (IE00B5NLL897)[FisicaCompleta] mmmmm 0,65 2,64 53.843 1,60CsEtf (Ie)MsciAustralia (IE00B5V70487)[FisicaCompleta] mmmmm 0,50 0,63 52.485 28,66Lyxor EtfMsciAc Asia ExJapan (FR0010652867)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,50 1,87 52.452 12,20DbX-Trackers S&P/Asx 200 Etf(LU0328474803)[SinteticaFunded:con Swap(100%)(collaterale107,46%)] mmmmm 0,50 0,75 52.188 26,22CsEtf (Ie)MsciEm Asia (IE00B5L8K969)[FisicaaCampione] mmmmm 0,65 1,16 44.891 8,83DbX-Trackers MsciMalaysia TrnIndex (LU0514694370)[SinteticaFunded:con Swap(100%)(collaterale119,55%)] mmmmm 0,50 0,76 41.408 3,09Lyxor EtfFtse Epra/Nareit Asia Ex-Japan (FR0010833541)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,65 0,47 40.870 32,53UBS-ETFMSCI Emerging MarketsA (LU0480132876)[FisicaaCampione:prestito titoli(4%) ecollaterale (106,2%)] mmmmm 0,70 0,33 34.323 -Ubs-EtfMsci Pacific (ExJapan) A (LU0446734526)[FisicaCompleta:prestito titoli(21%) e collaterale(104,8%)] mmmmm 0,46 0,30 33.379 25,34DbX-Trackers MsciEm Emea TrnIndex Etf(LU0292109005)

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

stelle anno % 30ggÀ %


EXCHANGE TRADED FUND

[SinteticaFunded:con Swap(100%)(collaterale114,94%)] mmmmm 0,65 0,77 31.338 2,47Rbs MarketAccess Dj Turkey Titans 20 (LU0269999362)[SinteticaUnfunded:basketsostitutivo (0%)Swap (100%)(collaterale100,18%)] mmmmm 0,60 1,14 29.246 41,81DbX-Trackers MsciChile Trn IndexEtf(LU0592217797)[SinteticaFunded:con Swap(100%)(collaterale119,3%)] mmmmm 0,65 1,02 28.166 0,18Lyxor EtfMsciTaiwan (FR0010444786)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,65 0,64 27.419 6,19Amundi EtfMsciEm Latin America(FR0011020973)[SinteticaUnfunded:basketsostitutivo (100,24%) Swap(-0,24%)] mmmmm 0,45 0,82 26.309 -3,56europaIsharesFtse/Epra European PropertyFund (IE00B0M63284)[FisicaCompleta:prestito titoli(13,97%) ecollaterale (102,5%-112%)] mmmmm 0,40 1,45 188.732 23,19DbX-Trackers Euro Stoxx50 Etf(1D) (LU0274211217)[SinteticaUnfunded:basketsostitutivo (101%)Swap (-1%)] mmmmm 0,00 0,10 171.404 14,18Ubs-EtfEuro Stoxx 50 A (LU0136234068)[FisicaCompleta:prestito titoli(13%) ecollaterale (106,1%)] mmmmm 0,36 0,24 166.187 -DbX-Trackers Stoxx600 Banks Short Daily (LU0322249037)[SinteticaFunded:con Swap(100%)(collaterale119,12%)] mmmmm 0,50 0,34 159.453 -22,36Lyxor EtfFtse Athex 20 (FR0010405431)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,45 1,35 144.249 3,90CsEtf (Ie)MsciEmu (IE00B53QG562)[FisicaCompleta:prestito titoli(14.80%) ecollaterale (112.00%)] mmmmm 0,33 0,19 143.358 16,09DbX-Trackers Stoxx 600Basic Resources (LU0292100806)[SinteticaFunded:con Swap(100%)(collaterale110,68%)] mmmmm 0,30 0,16 143.244 -6,80Lyxor EtfStoxx Europe 600Food&Beverage (FR0010344861)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,18 137.537 27,14Etfx Dax2X Long Fund (IE00B4QNHH68)[SinteticaUnfunded:basketsostitutivo (108%) Swap(100%)] mmmmm 0,40 0,41 131.827 32,72Lyxor EtfMsciEmu (FR0007085501)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,35 0,89 123.448 15,98Amundi EtfMsciEmu (FR0010655688)[SinteticaUnfunded:basketsostitutivo (100,02%)Swap (-0,02%)] mmmmm 0,25 0,68 121.498 15,93Lyxor EtfStx Eu 600 Personal&Household(FR0010344978)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,19 114.136 20,34IsharesEuro StoxxMid (IE00B02KXL92)[FisicaCompleta:prestito titoli(13,62%) ecollaterale (102,5%-112%)] mmmmm 0,40 0,77 113.811 18,17Spdr S&PEuro Dividend Aristocrats Etf(IE00B5M1WJ87)[FisicaCompleta] mmmmm 0,30 0,37 110.902 -Lyxor EtfStx Europe Select Dividend 30(FR0010378604)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,25 110.141 5,97Ubs-EtfMsci Emu ValueA (LU0446734369)[FisicaCompleta:prestito titoli(15%) ecollaterale (105,7%)] mmmmm 0,41 0,22 104.019 11,41CsEtf (Ie)MsciEurope (IE00B53QFR17)[FisicaCompleta:prestito titoli(6.90%) e collaterale (112.20%)] mmmmm 0,33 0,24 103.390 16,22Lyxor EtfStoxx Europe 600Insurance (FR0010344903)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,49 102.908 28,04Lyxor EtfFtse 100 (FR0010438127)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,14 94.116 11,53Amundi EtfMsci Italy (FR0010655720)[SinteticaUnfunded:basketsostitutivo (99,97%) Swap(0,03%)] mmmmm 0,25 0,70 86.447 -1,05Amundi EtfMsciSpain (FR0010655746)[SinteticaUnfunded:basketsostitutivo (99,74%)Swap (0,26%)] mmmmm 0,25 0,60 85.918 8,32Ubs-EtfMsci Europe I (LU0446734286)[FisicaCompleta:prestito titoli(9%) e collaterale(105%)] mmmmm 0,24 0,22 82.406 16,56IsharesEurostoxxTotal MktGrowth Large (IE00B0M62V02)[FisicaCompleta:prestito titoli(3,77%) ecollaterale (102,5%-112%)] mmmmm 0,40 0,31 82.072 27,26Spdr MsciEurope Health Care Etf(FR0000001737)[FisicaCompleta:prestito titoli(7,83%) e collaterale(106%)] mmmmm 0,30 1,10 81.828 27,22IsharesEuro StoxxSmall (IE00B02KXM00)[FisicaCompleta:prestito titoli(19,93%) ecollaterale (102,5%-112%)] mmmmm 0,40 0,73 80.823 13,04Amundi EtfCac 40(FR0007080973)[FisicaCompleta:prestito titoli(max 25%)e collaterale] mmmmm 0,25 0,16 78.831 16,80Lyxor EtfStx Eu 600 FinancialServices (FR0010345363)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,25 78.324 28,24Lyxor EtfStoxx Eu 600Automobiles&Parts (FR0010344630)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,31 76.690 19,42Lyxor EtfStoxx Europe 600Technology (FR0010344796)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,26 74.730 26,90IsharesEurostoxxTotal MktValue Large (IE00B0M62T89)[FisicaCompleta:prestito titoli(4,42%) e collaterale (102,5%-112%)] mmmmm 0,40 0,76 74.248 8,63Amundi EtfMsciNordic (FR0010655738)[SinteticaUnfunded:basketsostitutivo (100,03%)Swap (-0,03%)] mmmmm 0,25 0,19 72.800 21,34Lyxor EtfStx Eu 600 IndusGood&Services (FR0010344887)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,15 72.132 23,88Amundi EtfMsciEurope (FR0010655696)[SinteticaUnfunded:basketsostitutivo (100,06%)Swap (-0,06%)] mmmmm 0,28 0,62 69.708 16,41Ubs-EtfMsci Europe A (LU0446734104)[FisicaCompleta:prestito titoli(9%) e collaterale(105%)] mmmmm 0,36 0,23 69.686 16,32Lyxor EtfMsciEmu Small Cap (FR0010168773)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,40 0,29 67.104 19,37DbX-Trackers Stoxx 600Health Sht Daily (LU0322249466)[SinteticaFunded:con Swap(100%)(collaterale119,27%)] mmmmm 0,50 0,61 63.921 -22,89IsharesStoxxEurope Select Dividend 30 (DE0002635299)[FisicaCompleta] mmmmm 0,32 0,59 62.707 6,08Amundi EtfS&PEurope 350 Fund(IE0031091428)





[FisicaCompleta:prestito titoli(max 25%)e collaterale] mmmmm 0,35 0,86 56.273 16,26Amundi EtfShort DowJones Euro Stoxx50 (FR0010757781)[SinteticaUnfunded:basketsostitutivo (100,19%) Swap(-0,19%)] mmmmm 0,30 0,20 55.935 -16,85DbX-Trackers Ftse 100 Short Daily Etf(LU0328473581)[SinteticaFunded:con Swap(100%)(collaterale119,28%)] mmmmm 0,50 0,17 47.341 -18,12UBS-ETFMSCI EMU Small CapI (LU0671493434)[FisicaCompleta:prestito titoli(2%) e collaterale (105,6%)] mmmmm 0,28 0,53 46.738 -IsharesFtse Uk DividendPlus (IE00B0M63060)[FisicaCompleta:prestito titoli(4,84) e collaterale(102,5%-112%)] mmmmm 0,40 0,24 46.052 16,63DbX-Trackers Cac 40Short Daily Etf (LU0322251280)[SinteticaUnfunded:basketsostitutivo (96,21%)Swap (3,79%)] mmmmm 0,40 0,11 44.964 -18,80Ubs-EtfMsci Emu I (LU0446735093)[FisicaCompleta:prestito titoli(16%) ecollaterale (105,1%)] mmmmm 0,24 0,27 43.572 16,19DbX-Trackers Stoxx 600Health Care Etf(LU0292103222)[SinteticaFunded:con Swap(100%)(collaterale110,15%)] mmmmm 0,30 0,55 42.211 25,77DbX-Trackers Stoxx 600& Gas Etf(LU0292101796)[SinteticaFunded:con Swap(100%)(collaterale109,48%)] mmmmm 0,30 0,58 41.683 -5,22DbX-Trackers Ftse Epra/Nareit Dev Europ(LU0489337690)[SinteticaFunded:con Swap(100%)(collaterale107,33%)] mmmmm 0,40 1,45 36.931 23,11CsEtf (Lux)MsciEmu Large Cap (LU0154139132)[FisicaCompleta:prestito titoli(14.1%) ecollaterale (105%)] mmmmm 0,54 0,19 34.841 15,39Lyxor EtfMsciEmu Growth (FR0010168765)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,40 0,14 32.897 21,21DbX-Trackers Stx600 Insurance Sht Daily (LU0412624602)[SinteticaFunded:con Swap(100%)(collaterale118,98%)] mmmmm 0,50 0,62 32.805 -26,17DbX-Trackers Stoxx 600Food & Beverage (LU0292105359)[SinteticaFunded:con Swap(100%)(collaterale107,72%)] mmmmm 0,30 0,62 32.639 27,09Lyxor EtfStx Eu 600 Travel& Leisure (FR0010344838)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,31 32.220 38,86DbX-Trackers Stoxx 600Telecommunicat (LU0292104030)[SinteticaFunded:con Swap(100%)(collaterale109,35%)] mmmmm 0,30 0,57 31.653 1,36Spdr MsciEurope Financials Etf (FR0000001703)[FisicaCompleta:prestito titoli(12,77%) ecollaterale (106%)] mmmmm 0,30 0,48 31.312 22,48IsharesFtse Epra/NareitUk Property(IE00B1TXLS18)[FisicaCompleta:prestito titoli(1,29%) ecollaterale (102,5%-112%)] mmmmm 0,40 0,50 31.149 22,32Lyxor EtfEuro Stoxx50 Buywrite (FR0010389205)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,40 0,79 28.689 11,82giapponeCsEtf (Ie)MsciJapan (IE00B53QDK08)[FisicaCompleta:prestito titoli(26.60%) ecollaterale (114.10%)] mmmmm 0,48 0,30 96.185 10,17DbxMsciJapan TrnIndex (LU0659580079)[SinteticaFunded:con Swap(100%)(collaterale109,43%)] mmmmm 0,60 0,29 73.063 -IsharesMsciJapan (Acc) (IE00B4L5YX21)[FisicaaCampione] mmmmm 0,59 0,32 26.424 9,81globaleUbs-EtfMsci WorldI (LU0446735416)[FisicaaCampione:prestito titoli(13%) ecollaterale (103,9%)] mmmmm 0,31 0,24 105.962 15,94Ubs-EtfMsci WorldA (LU0340285161)[FisicaaCampione:prestito titoli(13%) ecollaterale (103,9%)] mmmmm 0,46 0,27 75.969 15,84Lyxor EtfMsciWorld RealEstate (FR0010833574)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,45 0,50 73.460 24,57Lyxor EtfDj GlobalTitans 50 (FR0007075494)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,40 0,84 70.419 14,06Etfx DaxglobalGold Mining Fund(IE00B3CNHG25)[SinteticaUnfunded:basketsostitutivo (108%) Swap(100%)] mmmmm 0,65 0,74 67.323 -29,72IsharesMsciWorld (Acc)(IE00B4L5Y983)[FisicaaCampione] mmmmm 0,50 0,28 63.064 15,67Amundi EtfMsciWorld (FR0010756098)[SinteticaUnfunded:basketsostitutivo (100,2%)Swap (-0,2%)] mmmmm 0,38 0,69 54.455 15,90Lyxor EtfMsciAll Country World(FR0011079466)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,45 0,81 44.246 14,76Amundi EtfMsciWorld ExEmu (FR0010756114)[SinteticaUnfunded:basketsostitutivo (100,07%)Swap (-0,07%)] mmmmm 0,35 0,52 43.985 15,72IsharesS&PGlobal Water (IE00B1TXK627)[FisicaCompleta:prestito titoli(8,09%) ecollaterale (102,5%-112%)] mmmmm 0,65 1,77 42.498 21,07Lyxor EtfWorldWater (FR0010527275)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,60 1,66 39.409 21,74Lyxor EtfMsciWorld HealthCare (LU0533033238)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,45 0,57 37.474 26,35DbX-Trackers MsciWorld Cons Stap Trn (LU0540980066)[SinteticaFunded:con Swap(100%)(collaterale118,9%)] mmmmm 0,45 0,64 34.312 22,07Lyxor EtfNew Energy (FR0010524777)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,60 0,67 27.905 2,52IsharesS&PListed Private Equity(IE00B1TXHL60)[FisicaCompleta] mmmmm 0,75 0,44 27.679 34,20nord americaIsharesFtse Epra/NareitUs Property (IE00B1FZSF77)[FisicaCompleta] mmmmm 0,40 0,29 188.742 18,55IsharesS&P500 (Acc)(IE00B4L5ZD99)[FisicaCompleta] mmmmm 0,40 0,32 187.783 17,44Spdr S&PUs Dividend Aristocrats Etf(IE00B6YX5D40)[FisicaCompleta] mmmmm 0,35 0,22 172.097 -Amundi EtfS&P500 (FR0010892224)[SinteticaUnfunded:basketsostitutivo (100,15%)Swap (-0,15%)] mmmmm 0,15 0,11 167.399 17,54CsEtf (Ie)Dow JonesInd Average (IE00B53L4350)





[FisicaCompleta] mmmmm 0,33 0,22 156.963 14,78Amundi EtfMsciUsa (FR0010688275)[SinteticaUnfunded:basketsostitutivo (100,17%)Swap (-0,17%)] mmmmm 0,28 0,11 121.766 17,09CsEtf (Ie)S&P500 (IE00B5BMR087)[FisicaCompleta] mmmmm 0,28 0,24 116.491 -DbX-Trackers Russell 2000Etf(LU0322248658)[SinteticaFunded:con Swap(100%)(collaterale114,07%)] mmmmm 0,45 0,38 106.067 19,76DbX-Trackers S&P500Eur Hedged Etf (3C) (LU0490619193)[SinteticaFunded:con Swap(100%)(collaterale109,76%)] mmmmm 0,30 0,30 102.782 15,06Amundi EtfS&P500 Eur Hedged Daily (FR0011133644)[SinteticaUnfunded:basketsostitutivo (100,05%)Swap(-0,05%)] mmmmm 0,28 0,13 68.927 -Amundi EtfNasdaq 100(FR0010892216)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,23 0,16 66.883 9,82IsharesDowJones U.S. Select Dividend (DE000A0D8Q49)[FisicaCompleta] mmmmm 0,32 0,36 66.180 16,10Spdr S&P500 Etf(IE00B6YX5C33)[FisicaCompleta] mmmmm 0,15 0,17 54.657 -IsharesMsciUsa (IE00B60YJY07)[FisicaaCampione] mmmmm 0,40 0,51 54.629 17,13DbX-Trackers S&P500 2XLev Daily Etf (LU0411078552)[SinteticaFunded:con Swap(100%)(collaterale119,96%)] mmmmm 0,60 0,39 54.580 33,05CsEtf (Ie)MsciCanada (IE00B52SF786)[FisicaCompleta:prestito titoli(29.6%) e collaterale (112.30%)] mmmmm 0,48 0,28 54.288 4,27CsEtf (Ie)MsciUsa Large Cap(B) (IE00B3VWLJ14)[FisicaCompleta] mmmmm 0,33 0,16 53.410 16,89Amundi EtfShort MsciUsa Daily (FR0010791194)[SinteticaUnfunded:basketsostitutivo (99,98%) Swap(0,02%)] mmmmm 0,35 0,30 52.062 -17,10Ubs-EtfMsci Canada A (LU0446734872)[FisicaCompleta:prestito titoli(26%)e collaterale (104,9%)] mmmmm 0,51 0,34 39.096 3,92Lyxor EtfFtse Epra/Nareit UnitedStates (FR0010833566)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,40 0,63 34.734 18,47iamEtf Us MinimumVarianceNr (LU0599612685)[SinteticaUnfunded:basketsostitutivo (105,5%)Swap (-5,51%)] mmmmm 0,65 0,29 34.160 18,40Etfx Russell2000 Us Small CapFund(IE00B3CNHJ55)[SinteticaUnfunded:basketsostitutivo (109%) Swap(100%)] mmmmm 0,45 0,24 32.979 19,99Ubs-EtfMsci Canada I (LU0446734955)[FisicaCompleta:prestito titoli(26%)e collaterale (104,9%)] mmmmm 0,34 0,39 32.697 4,14DbX-Trackers S&P500 Etf(LU0490618542)[SinteticaFunded:con Swap(100%)(collaterale109,76%)] mmmmm 0,20 0,21 31.116 17,54CsEtf (Ie)Nasdaq 100(IE00B53SZB19)[FisicaCompleta] mmmmm 0,33 0,28 28.735 9,89OBBLIGAZIONARIOcdsDbX-Trackers Ii Itrx Eu SenFin 5-Y(LU0378819295)[SinteticaUnfunded:basketsostitutivo (105,95%)Swap (-5,95%)] mmmmm 0,18 0,23 103.203 3,87DbX-Trackers Ii Itrx Crossover5-Y Etf(LU0290359032)[SinteticaUnfunded:basketsostitutivo (97,13%)Swap (2,87%)] mmmmm 0,24 0,22 93.682 16,27DbX-Trackers Ii Itraxx Europ 5-Year Etf(LU0290358653)[SinteticaUnfunded:basketsostitutivo (100,3%) Swap(-0,3%)] mmmmm 0,18 0,14 31.862 2,57debitoalto rendimentoSpdr BarcapEuro High Yield Bond Etf(IE00B6YX5M31)[FisicaaCampione] mmmmm 0,45 0,35 91.196 -debitogovernativoUBS-ETFMarkit iBoxx EURGermany 7-10A (LU0721553609)[FisicaCompleta] mmmmm 0,15 0,06 178.855 -IsharesBarcapEuro Treasury Bond 0-1 (IE00B3FH7618)[FisicaaCampione] mmmmm 0,20 0,24 146.234 1,14IsharesFtse Uk AllStocks Gilt(IE00B1FZSB30)[FisicaaCampione:prestito titoli(6,29%) e collaterale (102,5%-112%)] mmmmm 0,20 0,16 118.387 -1,24DbX-Trackers Ii Iboxx Sover Euroz 15+ (LU0290357507)[SinteticaUnfunded:basketsostitutivo (100,85%) Swap(-0,85%)] mmmmm 0,15 0,49 115.757 10,75DbX-Trackers Ii Glob SovereignEtf (1C) (LU0378818131)[SinteticaUnfunded:basketsostitutivo (100,81%) Swap(-0,81%)] mmmmm 0,25 0,31 111.732 3,13Lyxor EtfEuromts 10-15YInv Grade (FR0010037242)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,17 0,13 108.861 11,54UBS-ETFMarkit iBoxx EURGermany 3-5 A (LU0721553435)[FisicaCompleta] mmmmm 0,15 0,02 107.425 -iShares BarclaysItaly Treasury Bnd (IE)(IE00B7LW6Y90)[FisicaaCampione] mmmmm 0,20 0,11 103.123 -DbX-Trackers Ii IbxEur Germany (1D) (LU0468896575)[SinteticaUnfunded:basketsostitutivo (100,3%) Swap(-0,3%)] mmmmm 0,15 0,10 88.897 3,38DbX-Trackers Ii IbxSover Euroz (1C) (LU0290355717)[SinteticaUnfunded:basketsostitutivo (99,87%) Swap(0,13%)] mmmmm 0,15 0,21 85.093 6,74Lyxor EtfEuromts 15+YInv Grade (FR0010481093)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,17 0,26 83.753 10,63IsharesBarcapEuro Treasury Bond (IE00B4WXJJ64)[FisicaaCampione] mmmmm 0,20 0,09 80.992 6,69Lyxor EtfEumts Aaa Macro-Weigh Gov 5-7Y(FR0011146356)[FisicaCompleta] mmmmm 0,17 0,11 75.942 5,77Lyxor EtfEumts Aaa Macro-Weigh Gov 3-5Y(FR0011146349)[FisicaCompleta] mmmmm 0,17 0,08 74.362 3,25CsEtf (Ie)IboxxUsd Govt 1-3(B) (IE00B3VWN179)[FisicaaCampione] mmmmm 0,23 0,14 69.692 1,10DbX-Trackers Ii Iboxx Sover Euroz 7-10(LU0290357259)[SinteticaUnfunded:basketsostitutivo (99,42%)Swap (0,58%)] mmmmm 0,15 0,25 67.400 8,91





UBS-ETFBarCap US 3-5 Yr Treasury Bond A(LU0721552627)[FisicaCompleta] mmmmm 0,22 0,10 65.566 -DbX-Trackers Ii Iboxx Sover Euroz 25+(LU0290357846)[SinteticaUnfunded:basketsostitutivo (101,45%)Swap (-1,45%)] mmmmm 0,15 0,54 62.487 10,46UBS-ETFBarCap US 7-10Yr Treasury Bond A (LU0721552973)[FisicaCompleta] mmmmm 0,22 0,18 61.629 -DbX-Trackers Ii Iboxx Eur Germany 1-3(LU0468897110)[SinteticaUnfunded:basketsostitutivo (100,1%)Swap (-0,1%)] mmmmm 0,15 0,02 54.995 0,31dbx-trackers IIMTS x-BnktalyBTP 1D (LU0613540185)[SinteticaUnfunded:basketsostitutivo (101,61%) Swap(-1,61%)] mmmmm 0,20 0,25 53.411 7,17Amundi EtfGovt Bond Euromts 1-3Inv Gr(FR0010754135)[SinteticaUnfunded:basketsostitutivo (100,78%)Swap(-0,78%)] mmmmm 0,14 0,08 46.569 2,21Amundi EtfSht Govt Euromts 10-15 InvGr (FR0010823385)[SinteticaUnfunded:basketsostitutivo (99,58%) Swap(0,42%)] mmmmm 0,14 0,16 46.108 -11,02IsharesBarcapEur Government Bond 15-30 (IE00B1FZS913)[FisicaaCampione:prestito titoli(23,59%) e collaterale(102,5%-112%)] mmmmm 0,20 0,19 44.631 9,63Lyxor Etf Iboxx $ Treasuries 1-3Y (FR0010960955)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,17 0,29 38.786 1,22UBS-ETFMarkit iBoxx EURGermany 5-10 A (LU0721553518)[FisicaCompleta] mmmmm 0,15 0,04 34.905 -Amundi EtfSht Govt Euromts 1-3Inv Gr(FR0010821876)[SinteticaUnfunded:basketsostitutivo (100,49%)Swap (-0,49%)] mmmmm 0,14 0,08 34.689 -2,29IsharesBarcapEur Government Bond 10-15 (IE00B4WXJH41)[FisicaCompleta] mmmmm 0,20 0,12 29.522 9,70Amundi EtfGovt High RateEuromts Inv Gr(FR0010930636)[SinteticaUnfunded:basketsostitutivo (100,9%) Swap(-0,9%)] mmmmm 0,14 0,13 28.592 5,54CsEtf (Ie)IboxxEur Govt 3-7 (B)(IE00B3VTML14)[FisicaaCampione] mmmmm 0,23 0,08 28.113 5,48CsEtf (Ie)IboxxEur Govt 1-3 (B)(IE00B3VTMJ91)[FisicaaCampione] mmmmm 0,23 0,12 27.897 2,14debitosocietarioDbX-Trackers Ii Eur LiqCorporate 100 (LU0478205379)[SinteticaUnfunded:basketsostitutivo (99,54%) Swap(0,46%)] mmmmm 0,20 0,36 117.461 5,82Amundi EtfEuro CorpFinancials Iboxx (FR0011020957)[SinteticaUnfunded:basketsostitutivo (100,73%) Swap(-0,73%)] mmmmm 0,16 0,12 62.582 8,29DbX-Trackers Ii IbxEur Corp Non-Financ(LU0484968655)[SinteticaUnfunded:basketsostitutivo (100,37%) Swap(-0,37%)] mmmmm 0,20 0,55 35.062 3,00IsharesEb.Rexx JumboPfandbriefe (DE0002635265)[FisicaCompleta] mmmmm 0,10 0,35 27.230 3,58Spdr BarcapEuro Corporate Bond Etf (IE00B3T9LM79)[FisicaaCampione] mmmmm 0,20 0,22 26.920 -emergenteLyxor Etf Iboxx Usd Liquid Emerg MktSov (FR0010967323)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,30 0,39 179.003 12,03Spdr BarcapEmerging MktsLocal Bond Etf (IE00B4613386)[FisicaaCampione] mmmmm 0,55 0,33 149.131 -Amundi EtfGlobalEmerg Bond Markitiboxx (FR0010959668)[SinteticaUnfunded:basketsostitutivo (99,95%)Swap (0,05%)] mmmmm 0,30 0,45 68.790 12,51inflazioneDbX-Trackers Ii IbxEuro Inflation-Link (LU0290358224)[SinteticaUnfunded:basketsostitutivo (103,4%)Swap (-3,4%)] mmmmm 0,20 0,30 113.930 8,70Ishares$Tips (IE00B1FZSC47)[FisicaCompleta:prestito titoli(ND) ecollaterale (102,5%-112%)] mmmmm 0,25 0,15 108.630 5,56Amundi EtfEuro Inflation(FR0010754127)[SinteticaUnfunded:basketsostitutivo (100,65%) Swap(-0,65%)] mmmmm 0,16 0,20 41.157 8,50CsEtf (Ie)IboxxUsd Inflation (B)(IE00B3VTPS97)[FisicaaCampione] mmmmm 0,28 0,26 31.934 5,37monetariAmundi EtfEonia (FR0010718841)[SinteticaUnfunded:basketsostitutivo (100,05%)Swap(-0,05%)] mmmmm 0,14 0,00 121.431 0,08CsEtf (Ie)FedFunds Effective Rate(IE00B3XDJG53)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,14 0,07 44.836 0,62IsharesEb.Rexx MoneyMarket (De)(DE000A0Q4RZ9)[FisicaCompleta] mmmmm 0,13 0,34 42.811 -0,03VALUTEemergenteEtfs3X Short Aud Long Eur (JE00B3RXT940)[SinteticaUnfunded:basketsostitutivo (102%) Swap(100%)] mmmmm 1,83 0,42 52.098 -10,56europaEtfs3X Short Gbp Long Eur (JE00B3RQ6R05)[SinteticaUnfunded:basketsostitutivo (102%) Swap(100%)] mmmmm 1,83 0,43 63.677 5,43Etfs3X Long Chf Short Eur (JE00B3XPTF07)[SinteticaUnfunded:basketsostitutivo (102%) Swap(100%)] mmmmm 1,83 0,43 45.548 -8,48MATERIE PRIMEagricolturaEtfsLeveragedCocoa (JE00B2NFV803)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 1,03 1,66 88.721 -26,91EtfsShort Wheat(JE00B24DKR51)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 1,03 0,44 86.754 -6,76EtfsShort Coffee (JE00B24DK538)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 1,03 0,48 71.166 39,22EtfsLeveragedCotton (JE00B2NFTH59)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 1,03 1,19 60.878 -5,09





EtfsLeveragedSoybeans (JE00B2NFTV93)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 1,03 0,52 44.738 32,26cerealiEtfsGrainsDj-Ubsci (GB00B15KYL00)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,27 177.827 11,86EtfsSoybeans (GB00B15KY542)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,48 93.373 18,90EtfsWheat(GB00B15KY765)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,43 63.531 -3,32EtfsCorn (GB00B15KXS04)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,72 58.470 18,16diversificatoEtfsAllCommodities Dj-Ubsci (GB00B15KY989)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,51 182.106 -5,70Lyxor EtfCommoditiesCrb Ex-Energy (FR0010346205)[SinteticaUnfunded:basketsostitutivo (100%)Swap(0%)] mmmmm 0,35 0,69 167.997 -8,44DbX-Trackers Dblci -Balanced Etf(LU0292106167)[SinteticaFunded:con Swap(100%)(collaterale107,85%)] mmmmm 0,55 0,28 94.137 -8,24energiaEtfsBrent 1Mth Securities (GB00B0CTWC01)[SinteticaFunded:con Swap(100%)] mmmmm 0,49 0,48 149.905 -2,84EtfsGasoline (GB00B15KXW40)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,34 62.962 13,50DbBrent CrudeBooster Etc (Eur) (DE000A1KYN55)[SinteticaFunded:con Swap(100%)(collaterale116%)] mmmmm 0,45 0,21 27.296 -3,89metalli industrialiEtfsAluminium(GB00B15KXN58)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,54 181.483 -18,65EtfsLeveragedCopper (JE00B2NFTF36)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 1,03 0,30 168.205 -20,93EtfsLeveragedAluminium (JE00B2NFTC05)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 1,03 0,93 102.109 -36,95EtfsIndustrial Metals Dj-Ubsci (GB00B15KYG56)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,45 97.488 -11,83EtfsZinc (GB00B15KY872)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,82 70.235 -5,76EtfsShort Copper(JE00B24DK645)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 1,03 0,20 44.227 4,48metallipreziosiEtfsShort Gold (JE00B24DKC09)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 1,03 0,45 151.590 3,45EtfsEur Hedged Gold (JE00B4RKQV36)[SinteticaFunded:con Swap(100%)(collaterale108%)] mmmmm 0,49 0,79 93.871 -EtfsShort Silver(JE00B24DKK82)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 1,03 0,43 81.343 5,51EtfsPhysical Pm Basket (JE00B1VS3W29)[FisicaCompleta] mmmmm 0,44 0,49 73.291 -5,12ETFS Physical SwissGold ETC (JE00B588CD74)[FisicaCompleta] mmmmm 0,39 0,16 72.379 -EtfsPrecious Metals Dj-Ubsci (GB00B15KYF40)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,60 71.250 -8,03DbPhysical Palladium Euro Hedged Etc (DE000A1EK3B8)[FisicaCompleta] mmmmm 0,75 1,04 57.797 6,65EtfsLeveragedPlatinum (JE00B2NFV134)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 1,03 0,93 42.736 -11,59DbPhysical Silver Etc (Eur) (DE000A1E0HS6)[FisicaCompleta] mmmmm 0,45 0,76 33.637 -11,74EtfsShort Platinum (JE00B2NFT195)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 1,03 0,52 27.638 -0,98DbPhysical Platinum Euro Hedged Etc (DE000A1EK0H1)[FisicaCompleta] mmmmm 0,75 0,49 26.893 -4,00softsEtfsCotton (GB00B15KXT11)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,78 166.926 1,56EtfsSugar (GB00B15KY658)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,42 113.957 -24,72EtfsSofts Dj-Ubsci (GB00B15KYJ87)[SinteticaFunded:con Swap(100%)(collaterale103%)] mmmmm 0,49 0,49 47.697 -22,33EtfsEur Daily Hedged Coffee (JE00B6TK3K31)[SinteticaFunded:con Swap(100%)(collaterale108%)] mmmmm 0,49 0,75 42.455 -




Plus24-IlSole24Ore 9MARZO &numeri indici · 2013. 3. 8. · redditofisso l’hitparade...

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