Chapter 11. CICS problem diagnosis
11.7 CICS trace control facility
Electricité de France 6.5%
26/01/2019 1,000,000 878,539 0.10 Goodman Funding PTY LTD
6.375% 12/11/2020 1,000,000 787,490 0.09
1,666,029 0.19
Instrumentos de deuda de estados y entidades supranacionales en CAD
Nova Scotia Prov Cda 4.7%
14/01/2015 4,000,000 3,329,392 0.37
3,329,392 0.37
Títulos respaldados por hipotecas o activos en USD
Fannie Mae 4.5% 01/02/2039 1,621,025 1,336,671 0.15 Fannie Mae 4.5% 01/05/2023 3,512,820 2,900,911 0.32 Fannie Mae 4.5% 01/05/2039 4,070,505 3,349,124 0.37 Fannie Mae 4.5% 01/07/2039 6,498,176 5,358,291 0.60 Fannie Mae 5% 01/02/2020 216,475 181,823 0.02 Fannie Mae 5% 01/02/2029 298,550 249,831 0.03 Fannie Mae 5.5% 01/08/2022 174,387 146,591 0.02 Fannie Mae 5.5% 01/08/2036 661,305 558,270 0.06 Fannie Mae 6% 01/01/2038 67,441 57,546 0.01 Fannie Mae 6% 01/06/2038 4,058,105 3,461,676 0.39 Fannie Mae 6% 01/07/2037 245,242 210,623 0.02 Fannie Mae Pool 838579 6.5%
01/10/2035 111,361 97,244 0.01 Fannie Mae Pool 884964 5.5%
01/06/2036 36,495 30,809 0.00 Fannie Mae Pool 897463 5.5%
01/10/2036 894,396 755,045 0.08 Fannie Mae Pool 948085 5.5%
01/11/2022 1,171,191 984,514 0.11 Fannie Mae Pool 952235 7%
01/11/2037 1,089,638 960,477 0.11 Fannie Mae Pool 984788 5.5%
01/06/2038 847,886 714,960 0.08 Fannie Mae Pool 984934 4%
01/04/2023 776,481 634,177 0.07 Fnma Pool 257203 5%
01/05/2028 320,472 268,331 0.03 Fnma Pool Ah2130 4.5%
01/02/2041 5,700,313 4,700,385 0.52 Fnma Pool Ai1045 3.5%
01/06/2026 9,396,603 7,612,387 0.85 Gnma Pool 4.5% 15/04/2039 3,058,988 2,588,855 0.29 Gnma Pool 5% 15/08/2039 1,937,606 1,663,159 0.19 Gnma Pool 5% 15/11/2035 2,630,480 2,264,894 0.25 Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
Títulos respaldados por hipotecas o activos en USD (continuación)
Gnma Pool 675647 6% 15/11/2038 3,411,661 2,991,521 0.33 Gnma Pool 692235 6.5% 15/12/2038 1,574,876 1,397,020 0.16 Gnma Pool 737821 4.5% 15/12/2040 7,229,547 6,106,198 0.68 Gnma Pool 782408 5.5% 15/09/2038 3,513,632 3,055,519 0.34 54,636,852 6.09
TOTAL OTROS VALORES MOBILIARIOS 59,632,273 6.65
Total Cartera de inversión 825,149,060 92.10
Tresoría y equivalentes de
tesorería 90,434,524 10.09
Descubiertos bancarios (3,724,088) (0.42) Otros Passivos Netos (15,918,901) (1.77)
% del patrimonio neto
Deuda soberana
42.75
Bancos
13.12
Títulos respaldados por hipotecas o activos
11.50
Servicios financieros
4.72
Deuda soberana y de entidades supranacionales
2.48
Comunicaciones
2.10
Petróleo y gas
2.02
Aparatos y componentes eléctricos
1.21
Sociedades financieras y de inversión y otras sociedades diversificadas
1.19
Seguros
1.18
Suministro de energía y agua
1.09
Industriales
1.04
Materiales y productos de construcción
0.89
Inmobiliarias
0.79
Alimentación y bebidas
0.52
Bienes de consumo, no cíclicos
0.51
Comercio al por menor
0.43
Medios de comunicación
0.39
Metales y minería
0.38
Productos químicos
0.37
Tecnología
0.36
Ingeniería mecánica y equipos industriales
0.34
Tráfico y transporte
0.30
Productos farmacéuticos y biotecnología
0.25
Agricultura
0.23
Materiales básicos
0.21
Tubería
0.19
Sociedades Holding
0.18
Alojamiento
0.18
Papel y embalaje
0.14
Maquinaria
0.13
Equipos ofimáticos
0.12
Productos textiles, prendas de vestir y artículos de marroquinería
0.10
Fabricación varia
0.10
Tabaco y bebidas alcohólicas
0.10
Juegos, juguetes y aficiones
0.09
Publicidad
0.09
Internet, software y servicios de TI
0.09
Productos y equipos de semiconductores
0.09
Atención sanitaria
0.06
Capital riesgo
0.03
Ahorros y préstamos
0.02
Servicios públicos
0.01
Bienes de consumo, cíclicos
0.01
Cartera de inversiones y otros activos netos
a 31 de diciembre de 2011 (en USD)
Las notas adjuntas forman parte integrante de estos estados financieros. Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
I. VALORES MOBILIARIOS ADMITIDOS A COTIZACIÓN OFICIAL EN BOLSA O NEGOCIADOS EN OTRO MERCADO REGULADO
Renta fija en CAD
Bank of Montreal 3.49%
10/06/2016 60,000 61,416 0.08 Bank of Montreal 5.05%
03/09/2013 150,000 155,542 0.19 Bank of Nova Scottia 6%
03/10/2018 300,000 313,726 0.39 Bell Canada 4.85% 30/06/2014 230,000 239,578 0.30 Caisse Centrale Desjardins du
Quebec 3.502% 05/10/2017 90,000 91,680 0.11 Enbridge Inc 4.53%
09/03/2020 60,000 63,784 0.08 Ge Capital Canada Funding Co
5.73% 22/10/2037 70,000 75,103 0.09 Hydro One Inc 5.49%
16/07/2040 60,000 73,255 0.09 Hydro One Inc 6.93%
01/06/2032 50,000 68,243 0.08 Rogers Communications
5.38% 04/11/2019 60,000 64,791 0.08 Rogers Communications Inc
5.8% 26/05/2016 140,000 153,848 0.19 Royal Bank of Canada 3.18%
02/11/2020 270,000 266,039 0.33 Royal Bank of Canada 4.93%
16/07/2025 40,000 44,820 0.06 Toronto Dominion Bank
2.948% 02/08/2016 80,000 80,157 0.10 Wells Fargo Financial Canada
Corp 4.38% 30/06/2015 50,000 52,570 0.07
1,804,552 2.24
Renta fija en EUR
ABN Amro Bank NV 3.375%
21/01/2014 200,000 260,393 0.32 ABN Amro Bank NV Emtn
11/04/2016 4.25% 11/04/2016 159,000 209,624 0.26 ABN Amro Bank NV Emtn
6.375% 27/04/2021 100,000 117,389 0.15 Accor SA 7.5% 04/02/2014 100,000 140,894 0.17 Alstom 4% 23/09/2014 100,000 132,249 0.16 Amer Intl Grp 4.375%
26/04/2016 100,000 116,568 0.14 American Honda Fin Corp
3.875% 16/09/2014 100,000 136,701 0.17 Anglo American Capital 4.375%
02/12/2016 75,000 103,413 0.13 Anheuser-Busch Inbev SA Emtn 8.625% 30/01/2017 100,000 165,928 0.21 Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
Renta fija en EUR (continuación)
ArcelorMittal 8.25% 03/06/2013 177,000 241,756 0.30 Assicurazioni Generali 4.875% 11/11/2014 100,000 129,251 0.16 Assurances Generales de France 4.625% 29/06/2049 100,000 98,159 0.12 Atlantia SpA 5% 09/06/2014 100,000 131,738 0.16 Aviva Plc 4.7291% 31/12/2049 150,000 141,467 0.18 AXA 4.5% 23/01/2015 50,000 66,949 0.08 AXA 5.25% 16/04/2040 100,000 95,757 0.12 Bank of America Corp 4.625%
18/02/2014 200,000 250,531 0.31 Bank of America Corp 7%
15/06/2016 100,000 131,308 0.16 Banque Fédérative du Credit
Mutuel 3% 29/10/2015 150,000 188,223 0.23 Banque Fédérative du Crédit
Mutuel 4.25% 05/02/2014 100,000 131,346 0.16 Barclays Bank Plc 5.25%
27/05/2014 100,000 134,168 0.17 Barclays Bank PLC Emtn 1%
31/12/2049 50,000 31,464 0.04 Barclays Bank Plc Emtn
4.875% 13/08/2019 50,000 64,676 0.08 Barclays Bank PLC Emtn 6%
14/01/2021 100,000 108,003 0.13 BBVA (Bilb Viz Arg) 4.375%
20/10/2019 100,000 94,969 0.12 BBVA Senior Fin SA
Unipersonal 3.25% 23/04/2015 100,000 122,485 0.15 BMW US Capital LLC EMTN 5% 28/05/2015 150,000 211,189 0.26 BNP Paribas 2.87% 07/12/2014 115,000 145,720 0.18 BNP Paribas 7.781% 29/06/2049 50,000 52,611 0.07 Bouygues 6.125% 03/07/2015 200,000 286,621 0.35 BP Capital Markets Plc Emtn
3.1% 07/10/2014 118,000 158,154 0.20 BPCE S.A. 2.875% 22/09/2015 200,000 248,852 0.31 BPCE SA 9% 31/12/2049 50,000 45,884 0.06 Caja de Ahorros y Pensiones de
Barcelona 3.75% 05/11/2013 150,000 190,276 0.24 Carrefour SA Emtn 5.25%
24/10/2018 100,000 131,596 0.16 Casino Guichard Perrachon
5.5% 30/01/2015 100,000 135,343 0.17 Caterpillar Intl Fin Ltd 2.75%
06/06/2014 100,000 132,812 0.16 CDC Ixis Capital Markets
Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
Renta fija en EUR (continuación)
CEZ AS 3.625% 27/05/2016 100,000 133,395 0.17 Cie de St-Gobain Emtn 3.5%
30/09/2015 100,000 130,858 0.16 Cie Financiere et Industrielle
des Autoroutes 5% 24/05/2021 100,000 133,617 0.17 Citigroup Inc 7.375% 04/09/2019 100,000 145,671 0.18 Citigroup Inc 7.375% 16/06/2014 118,000 163,356 0.20 Cloverie Plc 7.5% 24/07/2039 50,000 65,221 0.08 Coop Centrale Raiffeisen
Boerenleenbk Emtn 3.5%
17/10/2018 200,000 259,728 0.32 Coop Centrale Raiffeisen
Boerenleenbk Gmtn 3.75% 09/11/2020 100,000 114,537 0.14 Credit Agricole SA 3.625% 08/03/2016 200,000 254,384 0.32 Crédit Agricole SA 5.971% 01/02/2018 100,000 117,370 0.15 Crédit Suisse London 3.875%
25/01/2017 118,000 154,756 0.19 CS Group Fin Guernsey Ltd
6.375% 07/06/2013 100,000 133,666 0.17 Danone Emtn 2.5%
29/09/2016 100,000 132,908 0.16 Deutsche Bahn Finance BV
Emtn 4.375% 23/09/2021 150,000 215,913 0.27 Deutsche Bank AG Emtn
5.125% 31/08/2017 100,000 141,673 0.18 Deutsche Telekom Intl Fin BV
6.625% 29/03/2018 177,000 272,767 0.34 Deutsche Telekom Intl Finance
BV Emtn 4% 19/01/2015 100,000 135,821 0.17 DNB NOR Bank ASA 4.375%
24/02/2021 100,000 132,415 0.16 Dong Energy A/S 6.5%
07/05/2019 177,000 275,258 0.34 E.ON International Finance BV
EMTN 6.375% 29/05/2014 100,000 154,813 0.19 Edf SA Emtn 4.625%
26/04/2030 100,000 126,567 0.16 ELM BV for Swiss Reinsurance
Co 5.252% 29/05/2049 50,000 51,057 0.06 Enel Finance Intl NV Gmtn
4.625% 24/06/2015 100,000 130,440 0.16 Enel Finance Intl NV Gmtn
5.75% 24/10/2018 103,000 131,932 0.16 Enel SpA 5.25% 20/06/2017 50,000 64,991 0.08 ENI SpA 4% 29/06/2015 118,000 157,493 0.20 ENI SpA Emtn 3.5%
29/01/2018 50,000 63,486 0.08 Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
Renta fija en EUR (continuación)
Eutelsat SA 4.125%
27/03/2017 50,000 64,992 0.08 Fortis Bank SA 4.375%
01/02/2017 118,000 149,484 0.19 France Telecom SA Emtn
3.625% 14/10/2015 100,000 135,502 0.17 Gas Natural Capital Markets
4.375% 02/11/2016 100,000 126,635 0.16 Gas Natural Capital Markets
5.375% 24/05/2019 100,000 127,284 0.16 GDF Suez 5.625% 18/01/2016 150,000 218,565 0.27 GE Capital European Funding
5.25% 18/05/2015 177,000 245,247 0.30 GE Capital European Funding
5.375% 23/01/2020 100,000 139,572 0.17 GlaxoSmithKline Capital PLC
Emtn 5.625% 13/12/2017 150,000 229,734 0.28 Goldman Sachs Group 5.375%
15/02/2013 100,000 129,763 0.16 Goldman Sachs Group Inc
4.5% 09/05/2016 100,000 124,247 0.15 Groupe Auchan SA Emtn 3%
02/12/2016 100,000 132,225 0.16 Hbos PLC Emtn 4.375%
30/10/2019 50,000 43,187 0.05 HSBC Capital Funding
LP/Jersey Channel Islands
5.3687% 31/12/2049 120,000 135,090 0.17 HSBC France Emtn 5.75% 19/06/2013 100,000 135,537 0.17 HSBC Holdings 3.625% 29/06/2020 177,000 213,976 0.26 Iberdrola Finanzas 4.875% 04/03/2014 50,000 66,040 0.08 Iberdrola Finanzas SAU Emtn
4.75% 25/01/2016 100,000 131,885 0.16 Imperial Tobacco Fin 8.375%
17/02/2016 118,000 180,906 0.22 ING Bank NV 3.875%
24/05/2016 200,000 259,190 0.32 ING Groep NV 4.75%
31/05/2017 177,000 227,506 0.28 Intesa Sanpaolo SpA 1%
31/12/2049 100,000 90,452 0.11 Intesa Sanpaolo SpA 3.5%
27/11/2013 200,000 250,210 0.31 Intesa Sanpaolo SpA Emtn
4.125% 14/01/2016 200,000 241,327 0.30 Intesa Sanpaolo SpA Emtn
4.125% 14/04/2020 50,000 53,479 0.07 JPMorgan Chase & Co Emtn
5.25% 14/01/2015 150,000 206,667 0.26 Koninklijke KPN NV 6.5%
Cartera de inversiones y otros activos netos
a 31 de diciembre de 2011 (en USD)
Las notas adjuntas forman parte integrante de estos estados financieros. Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
Renta fija en EUR (continuación)
Legal & General Group PLC
Emtn 4% 08/06/2025 100,000 107,154 0.13 Linde Finance BV Emtn 3.125%
12/12/2018 31,000 41,445 0.05 Lloyds TSB Bank Plc 6.375%
17/06/2016 100,000 133,570 0.17 Lloyds TSB Bank PLC Emtn
6.5% 24/03/2020 50,000 50,894 0.06 Lloyds TSB Group Plc 5.875% 08/07/2014 50,000 61,047 0.08 Morgan Stanley 6.5% 28/12/2018 100,000 124,260 0.15 Morgan Stanley Gmtn 4.375% 12/10/2016 100,000 117,348 0.15 Munich RE Fin 5.767% 29/06/2049 50,000 50,947 0.06 National Australia Bank Ltd
4.75% 15/07/2016 118,000 162,543 0.20 National Australia Bank Ltd
Emtn 3.5% 23/01/2015 100,000 132,076 0.16 Nationwide Building Society
3.75% 20/01/2015 150,000 191,388 0.24 Nationwide Building Society
Emtn 6.75% 22/07/2020 100,000 106,261 0.13 Nederlandse Gasunie NV 3.625% 13/10/2021 100,000 135,755 0.17 Nordea Bank AB 4% 29/03/2021 100,000 109,587 0.14 Novartis Fin SA 4.25% 15/06/2016 100,000 142,752 0.18 Pfizer Inc Intl 4.55%
15/05/2017 250,000 359,661 0.45 PPR SA 8.625% 03/04/2014 118,000 171,423 0.21 Procter & Gamble Co 5.125%
24/10/2017 100,000 150,556 0.19 Rabobank Nederland NV EMTN
4.375% 05/05/2016 150,000 205,751 0.25 Rabobank Nederland NV
GMTN 4.125% 14/01/2020 237,000 317,256 0.39 RCI Banque 4.375%
27/01/2015 177,000 224,915 0.28 Royal Bank of Scotland Plc
4.75% 18/05/2016 105,000 129,306 0.16 Royal Bank of Scotland Plc
5.25% 15/05/2013 100,000 129,340 0.16 RTE EDF Transport Emtn
3.875% 28/06/2022 100,000 130,560 0.16 Sanpaolo IMI SpA Emtn 3.75%
02/03/2020 50,000 46,850 0.06 Santander Intl Debt SA 3.75%
28/02/2013 100,000 128,474 0.16 Santander Intl Debt SA Emtn
3.5% 10/03/2015 50,000 61,754 0.08 Schlumberger Fin Bv Emtn
2.75% 01/12/2015 100,000 133,803 0.17 Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
Renta fija en EUR (continuación)
Schneider Electric SA 3.75% 12/07/2018 100,000 134,205 0.17 SES SA Emtn 4.625% 09/03/2020 118,000 158,203 0.20 Siemens Financieringsmaatschappij NV EMTN 5.125% 20/02/2017 250,000 367,834 0.46 Skandinaviska Enskilda Banken
2.5% 01/09/2015 237,000 297,675 0.37 Societe Des Autoroutes
Paris-Rhin-Rhone 5%
12/01/2017 200,000 262,552 0.33 Societe Generale 4%
20/04/2016 200,000 254,833 0.32 Société Générale Accept NV
6.125% 20/08/2018 50,000 57,593 0.07 Sodexho SA 6.25%
30/01/2015 50,000 71,210 0.09 Standard Chartered Bank
5.875% 26/09/2017 100,000 127,774 0.16 Standard Chartered Plc 3.875% 20/10/2016 144,000 188,768 0.23 Standard Chartered Plc 5.75% 30/04/2014 118,000 162,409 0.20 Suez Environnement 4.078% 17/05/2021 200,000 266,834 0.33 Svenska Handelsbanken AB 3.625% 16/02/2016 150,000 199,409 0.25 Svenska Handelsbanken AB Emtn 4.375% 20/10/2021 125,000 167,553 0.21 Tele Danmark AS 4.375% 23/02/2018 118,000 161,416 0.20 Telecom Italia SpA 6.75%
21/03/2013 50,000 66,025 0.08 Telecom Italia SpA EMTN
4.75% 19/05/2014 100,000 127,571 0.16 Telecom Italia SpA Emtn 5.25%
10/02/2022 100,000 106,377 0.13 Telefonica Emisiones 4.674% 07/02/2014 100,000 130,262 0.16 Telefonica Emisiones 4.75% 07/02/2017 100,000 127,392 0.16 TeliaSonera AB Emtn 4% 22/03/2022 100,000 134,988 0.17 TeliaSonera AB Emtn 4.125% 11/05/2015 100,000 138,651 0.17 Telstra Corp Ltd Emtn 3.75%
16/05/2022 100,000 131,599 0.16 TenneT Holding BV EMTN
4.625% 21/02/2023 118,000 164,565 0.20 Terna SpA 4.25% 28/10/2014 100,000 132,518 0.16 Tesco Plc Emtn 3.375%
02/11/2018 100,000 133,652 0.17 Total Infrastructures Gaz France
Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
Renta fija en EUR (continuación)
UBS AG 4.5% 16/09/2019 50,000 57,812 0.07 Unibail-Rodamco SE 3.875% 13/12/2017 100,000 131,049 0.16 Unicredit SpA 4.875% 12/02/2013 100,000 127,840 0.16 Unicredito Italian 5.75% 26/09/2017 100,000 96,980 0.12 UniCredito Italiano SpA EMTN
4.375% 10/02/2014 50,000 62,391 0.08 Vallourec SA Emtn 4.25%
14/02/2017 100,000 131,426 0.16 Vattenfall AB 6.75%
31/01/2019 200,000 319,949 0.40 Volkswagen Intl Fin NV 7%
09/02/2016 100,000 150,922 0.19 Westfield Group 3.625% 27/06/2012 150,000 195,697 0.24 Westpac Securities NZ Ltd London Branch 3.875% 20/03/2017 118,000 154,124 0.19 WPP Fin SA 5.25% 30/01/2015 200,000 273,613 0.34 Xstrata Canada Fin Corp 6.25%
27/05/2015 150,000 212,484 0.26
24,029,182 29.78
Renta fija en USD
Abbott Laboratories 4.125%
27/05/2020 300,000 332,597 0.41 Allegheny Technologies 5.95%
15/01/2021 300,000 318,893 0.39 Altria Group Inc 9.25%
06/08/2019 250,000 335,735 0.42 America Movil SAB de CV 5.5%
01/03/2014 250,000 269,895 0.33 American Express Co 7%
19/03/2018 350,000 422,996 0.52 American Intl Group Inc 5.45%
18/05/2017 300,000 286,857 0.36 AmerisourceBergen Corp 3.5% 15/11/2021 300,000 308,100 0.38 Amgen Inc 5.15% 15/11/2041 225,000 229,098 0.28 Amgen Inc 6.4% 01/02/2039 250,000 294,901 0.37 ArcelorMittal SA 3.75% 05/08/2015 300,000 286,670 0.35 Aristotle Holding Inc 4.75%
15/11/2021 300,000 310,458 0.38 AT&T Inc 6.55% 15/02/2039 300,000 381,236 0.47 Autozone Inc 6.5% 15/01/2014 250,000 274,722 0.34 Aviation Capital Group Corp
7.125% 15/10/2020 250,000 242,062 0.30 Bank of America Corp 4.5%
01/04/2015 350,000 337,615 0.42 Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
Renta fija en USD (continuación)
Bank of America Corp 5.625%
01/07/2020 350,000 322,052 0.40 Bank of America Corp 6.22%
15/09/2026 300,000 248,260 0.31 Barclays Bank Plc 6.05%
04/12/2017 400,000 362,789 0.45 Barrick North America Finance
LLC 6. 8% 15/09/2018 250,000 300,829 0.37 Baxter International Inc 5.9%
26/08/2036 250,000 297,473 0.37 BB&T Cap Tr IV 6.82%
12/06/2057 300,000 303,000 0.38 Bemis Company Inc 5.65%
01/08/2014 170,000 183,953 0.23 Blackstone Holdings Fin Co Llc
5.875% 15/03/2021 300,000 292,758 0.36 Boeing Co 5.8% 15/01/2013 250,000 263,430 0.33 Bottling Group Llc 5.125% 15/01/2019 300,000 350,037 0.43 BP Capital Plc 3.561% 01/11/2021 250,000 260,295 0.32 Broadcom Corp 2.7% 01/11/2018 205,000 207,273 0.26 Burlington Northern Santa Fe
4.95% 15/09/2041 150,000 165,555 0.21 Capital One Fin Corp 5.5%
01/06/2015 400,000 434,225 0.53 Caterpillar Financial Services
Corp MTN 2.75% 24/06/2015 300,000 311,409 0.39 CBS Corp 8.2% 15/05/2014 250,000 283,446 0.35 CeLlco Part/Veri Wirelss 5.55%
01/02/2014 250,000 271,606 0.34 Citigroup Inc 5.5% 15/10/2014 300,000 308,367 0.38 Citigroup Inc 6.375% 12/08/2014 300,000 314,818 0.39 Citigroup Inc 6.875% 05/03/2038 300,000 329,710 0.41 Citizens Communications Co 6.25% 15/01/2013 300,000 307,500 0.38 City National Corp 5.25%
15/09/2020 300,000 297,869 0.37 CME Group Inc 5.75%
15/02/2014 250,000 272,494 0.34 Comcast Corp 5.9%
15/03/2016 300,000 343,250 0.43 Conocophillips 6.5%
01/02/2039 250,000 345,464 0.43 Corn Products Intl Inc 3.2%
01/11/2015 300,000 309,833 0.38 Credit Suisse 6% 15/02/2018 400,000 394,510 0.49 Danske Bank AS 3.875%
14/04/2016 300,000 278,345 0.34 Devon Energy Corporation
Cartera de inversiones y otros activos netos
a 31 de diciembre de 2011 (en USD)
Las notas adjuntas forman parte integrante de estos estados financieros. Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
Renta fija en USD (continuación)
DirecTV Holdings Llc 3.55% 15/03/2015 300,000 312,158 0.39 Dow Chemical Co 8.55% 15/05/2019 250,000 327,126 0.41 Ecolab Inc 5.5% 08/12/2041 160,000 176,842 0.22 Embarq Corp 7.995% 01/06/2036 300,000 310,959 0.39 Enel Fin Intl SA 6% 07/10/2039 300,000 242,983 0.30 Ensco Plc 3.25% 15/03/2016 300,000 305,903 0.38 Enterprise Products Operating
5.2% 01/09/2020 300,000 332,088 0.41 EOG Resources Inc 2.5%
01/02/2016 300,000 308,816 0.38 Fifth Third Bancorp 4.5%
01/06/2018 400,000 401,046 0.50 First Niagara Financial Group
Inc 6.75% 19/03/2020 250,000 263,278 0.33 First Tenn Bank 5.05%
15/01/2015 300,000 300,412 0.37 Ford Motor Credit Co Llc
3.875% 15/01/2015 300,000 299,476 0.37 France Telecom SA 8.5%
01/03/2031 250,000 356,607 0.44 Gatx Corp 8.75% 15/05/2014 250,000 283,580 0.35 General Electric Capital Corp
5.9% 13/05/2014 250,000 273,529 0.34 General Electric Capital Corp
MTN 5.875% 14/01/2038 300,000 318,006 0.39 Genworth Finl Inc 6.515%
22/05/2018 150,000 137,665 0.17 Gilead Sciences Inc 5.65%
01/12/2041 325,000 358,377 0.44 Goldman Sachs Group Inc
3.7% 01/08/2015 400,000 391,720 0.49 Goldman Sachs Group Inc
6.45% 01/05/2036 300,000 270,789 0.34 Harley-Davidson Funding Corp
144A 6.8% 15/06/2018 250,000 292,198 0.36 Hess Corp 5.6% 15/02/2041 300,000 335,335 0.42 Host Marriott LP O 6.375%
15/03/2015 250,000 255,625 0.32 HSBC USA Inc 5% 27/09/2020 400,000 378,023 0.47 Hyundai Capital Services Inc
4.375% 27/07/2016 300,000 305,810 0.38 Icahn Enterprises Fin Corp 8%
15/01/2018 250,000 261,250 0.32 Indiana Michigan Power Co 7%
15/03/2019 250,000 307,536 0.38 ING Bank NV 2% 18/10/2013 300,000 293,054 0.36 Intl Game Technology 7.5%
15/06/2019 250,000 288,099 0.36 Jefferies Group Inc 8.5%
15/07/2019 250,000 255,000 0.32 Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
Renta fija en USD (continuación)
Joy Global Inc 5.125%
15/10/2021 300,000 320,267 0.40 JP Morgan Chase Bank
4.625% 10/05/2021 300,000 310,420 0.38 JP Morgan Chase Bank 6%
05/07/2017 600,000 643,456 0.79 JP Morgan Chase Capital XXII
6.45% 15/01/2037 400,000 404,000 0.50 Keycorp Mtn 3.75%
13/08/2015 400,000 414,629 0.51 Kinder Morgan Ener Part 6.5%
01/09/2039 300,000 333,585 0.41 Kohl Corporation 6%
15/01/2033 350,000 390,777 0.48 Kraft Food Inc 5.375%
10/02/2020 250,000 288,494 0.36 Kroger Co 7.5% 01/04/2031 250,000 326,242 0.40 Lexmark Intl Inc 5.9%
01/06/2013 250,000 261,384 0.32 Lloyds TSB Bank Plc 4.875%
21/01/2016 400,000 385,964 0.48 Manulife Financial Corp 3.4%
17/09/2015 300,000 301,549 0.37 Mattel Inc 5.625% 15/03/2013 250,000 262,732 0.33 Merck & Co Inc 5% 30/06/2019 250,000 294,852 0.37 Morgan Stanley 4% 24/07/2015 300,000 281,203 0.35 Morgan Stanley GMTN 5.5% 26/01/2020 300,000 273,092 0.34 Motiva Enterprises Llc 5.75% 15/01/2020 250,000 290,574 0.36 Mutual of Omaha Insurance Co.
6.95% 15/10/2040 300,000 319,024 0.40 Nasdaq OMX Group Inc 5.25%
16/01/2018 300,000 314,680 0.39 National Rural Utilities
Cooperative Fin 5.45%
10/04/2017 250,000 283,547 0.35 Nationwide Financial Services
Inc 5.375% 25/03/2021 300,000 294,694 0.36 News America Inc 6.15%
01/03/2037 300,000 328,066 0.41 Nissan Motor Acceptance Corp
4.5% 30/01/2015 300,000 311,596 0.39 Noble Energy Inc 8.25%
01/03/2019 250,000 325,142 0.40 Norfolk Southern Corp 4.837%
01/10/2041 45,000 47,768 0.06 Norfolk Southern Corp 7.25%
15/02/2031 206,000 285,949 0.35 Nyse Euronext 4.8%
28/06/2013 250,000 263,099 0.33 Occidental Petroleum Corp
Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
Renta fija en USD (continuación)
Omnicom Group Inc 4.45%
15/08/2020 300,000 309,260 0.38 Philip Morris Intl Inc 6.875%
17/03/2014 250,000 281,258 0.35 PNC Preferred Funding Trust
6.517% 31/12/2049 250,000 181,250 0.22 PrAXAir Inc 4.375%
31/03/2014 250,000 268,232 0.33 ProLogis Inc 7.625%
15/08/2014 250,000 273,792 0.34 Protective Life Corp 7.375%
15/10/2019 250,000 277,457 0.34 Prudential Financial Inc 5.1%
20/09/2014 250,000 267,222 0.33 Realty Income Corp 6.75%
15/08/2019 250,000 285,019 0.35 Rio Tinto Fin USA Ltd 3.5%
02/11/2020 300,000 306,657 0.38 Roper Industries Inc New
6.625% 15/08/2013 250,000 267,836 0.33 Royal Bank of Scotland Plc
4.375% 16/03/2016 300,000 284,266 0.35 Santander US Debt SA Unipersonal 2.991% 07/10/2013 300,000 287,557 0.36 Sempra Energy 6% 15/10/2039 250,000 308,605 0.38 Statoil ASA 3.125% 17/08/2017 300,000 316,222 0.39 Suncor Energy Inc 5.95%
01/12/2034 300,000 342,570 0.42 SunTrust Banks Inc 3.5%
20/01/2017 300,000 301,382 0.37 Svenska Handelsbanken AB
3.125% 12/07/2016 300,000 303,096 0.38 Talisman Energy Inc 3.75%
01/02/2021 300,000 294,958 0.37 Telefonica Emisiones SA
3.729% 27/04/2015 300,000 287,578 0.36 Time Warner Cable Inc 6.55%
01/05/2037 300,000 341,361 0.42 Transatlantic Holdings Inc
5.75% 14/12/2015 250,000 263,954 0.33 Transcanada Pipelines Ltd 3.8% 01/10/2020 300,000 323,793 0.40 Transocean Inc 5.05% 15/12/2016 200,000 203,402 0.25 UDR Inc 4.25% 01/06/2018 400,000 413,783 0.51 Union Bank of California 3%
06/06/2016 300,000 304,982 0.38 Valero Energy Corp 6.125%
01/02/2020 250,000 278,107 0.34 Verizon Global Fdg Corp 5.85%
15/09/2035 300,000 358,580 0.44 Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
Renta fija en USD (continuación)
Viacom Inc 4.375%
15/09/2014 300,000 321,339 0.40 Virginia Electric and Power Co
6.35% 30/11/2037 250,000 333,838 0.41 Vornado Realty Lp 5%
15/01/2022 300,000 302,511 0.37 WEA Finance LLC 5.75%
02/09/2015 250,000 268,727 0.33 Weatherford Intl Inc 6.35%
15/06/2017 250,000 277,475 0.34 Wells Fargo & Company
2.625% 15/12/2016 350,000 349,593 0.43 Wells Fargo Bank NA 5.95%
26/08/2036 300,000 308,992 0.38 Wells Fargo Bank Natl Assn
4.75% 09/02/2015 400,000 417,185 0.52 Western Union Co 5.93%
01/10/2016 250,000 281,566 0.35 Willis North America Inc 7%
29/09/2019 250,000 278,317 0.34 Xerox Corp 8.25% 15/05/2014 250,000 282,089 0.35
42,506,365 52.62
Instrumentos de deuda de estados y entidades supranacionales en EUR
French Discount Treasury Bill
0% 01/03/2012 250,000 322,919 0.40
322,919 0.40
Instrumentos de deuda de estados y entidades supranacionales en JPY
Japan (Govt of) 1.1%
20/06/2020 22,000,000 289,954 0.36 Japan (Govt of) 1.5%
20/09/2018 22,000,000 300,764 0.37 Japan (Govt of) 1.7%
20/12/2016 22,000,000 301,801 0.37 Japan (Govt of) 2.1%
20/12/2026 12,000,000 167,030 0.21
1,059,549 1.31
TOTAL VALORES MOBILIARIOS ADMITIDOS A COTIZACIÓN OFICIAL EN BOLSA O
NEGOCIADOS EN OTRO MERCADO REGULADO
Cartera de inversiones y otros activos netos
a 31 de diciembre de 2011 (en USD)
Las notas adjuntas forman parte integrante de estos estados financieros.
(*) Esta clasificación reagrupa los valores que no han sido admitidos a cotización oficial ni se negocian en otro mercado regulado. Descripción Cantidad/ Valor nominal Valor de mercado en % del patrimonio neto
II. OTROS VALORES MOBILIARIOS (*)