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        <title>Blog de l&#39;investisseur heureux</title>
        <description>Devenir rentier</description>
        <lastBuildDate>Sat, 04 Feb 2012 11:12:50 GMT</lastBuildDate>
        <link>http://www.devenir-rentier.fr/blog/</link>

        
	        <item>
	            <title>Achat actions : opportunités au 04/02/2012</title>
	            <description>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de Bloomberg et Yahoo, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.

	Rappelez&#45;vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. L&#8217;investisseur heureux préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.

	Grandes capitalisations Europe

Consommation de base&amp;nbsp;TESCO PLC | Food&#45;Retail | Rdt: 5,0 | Beta: 0,7 Tesco plc is a food retailer. The Group operates stores in the United Kingdom, Republic of Ireland, Czech Republic, Hungary, Poland, Slovakia, Turkey, Japan, Malaysia, South Korea, China, Thailand, and the United States.&amp;nbsp;  Metro AG | Food&#45;Retail | Rdt: 4,4 | Beta: 0,9 Metro AG operates retail stores and markets products over the Internet. The Company operates cash and carry stores, supermarkets and hypermarkets, consumer electronics stores, department stores, theme stores, and online sales services.&amp;nbsp;Carrefour SA | Food&#45;Retail | Rdt: 5,9 | Beta: 1,0 Carrefour SA operates chains of supermarkets, hypermarkets, discount, cash and carry, and frozen food stores in Europe, the Americas, and Asia.Consommation discrétionnaireVivendi SA | Telecom Services | Rdt: 8,6 | Beta: 0,9 Vivendi, through its subsidiaries, conducts operations ranging from music, games and television to film and telecommunications. The Company provides digital and pay television services, sells music compact discs (CDs), develops and distributes interactive entertainment, and operates mobile and fixed&#45;line telecommunications.EnergieAucune action ne répond aux critères quantitatifs !Services financiersAucune action ne répond aux critères quantitatifs !SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Telefonaktiebolaget LM Ericsson | Wireless Equipment | Rdt: 3,5 | Beta: 0,9 Telefonaktiebolaget LM Ericsson develops and manufactures products for wired and mobile communications in public and private networks. The Company produces mobile telephones through its Sony Ericsson joint venture. Ericsson manufactures and installs wired and wireless communications systems, wireless microwave links, call center equipment, microelectronics, and radar systems.&amp;nbsp;Nokia OYJ | Wireless Equipment | Rdt: 10,3 | Beta: 1,0 Nokia Oyj is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks.Services de télécommunication&amp;nbsp;Koninklijke KPN NV | Telephone&#45;Integrated | Rdt: 9,8 | Beta: 0,7 Koninklijke (Royal) KPN NV provides telecommunications services throughout the Netherlands. The Company provides local, long distance, international, and mobile telecommunications services, voice&#45;mail, call forwarding, ISDN Internet lines, faxing, and communications services for businesses and individuals. KPN offers mobile telecommunications through E&#45;Plus in Germany and BASE in Belgium.&amp;nbsp;France Telecom SA | Telephone&#45;Integrated | Rdt: 12,1 | Beta: 0,8 France Telecom SA provides telecommunications services to residential, professional, and large business customers. The Company offers public fixed&#45;line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services, and telecommunications equipment sales and rentals.&amp;nbsp;Telefonica SA | Telephone&#45;Integrated | Rdt: 11,3 | Beta: 0,8 Telefonica S.A. provides telecommunications services mainly to countries in Europe and Latin America. The Company offers fixed&#45;line and mobile telephone, Internet, and data transmission services to residential and corporate customers.&amp;nbsp;Telecom Italia SpA | Telephone&#45;Integrated | Rdt: 7,5 | Beta: 0,9 Telecom Italia S.p.A., through subsidiaries, offers fixed line and mobile telephone and data transmission services in Italy and abroad. The Company offers local and long&#45;distance telephone, satellite communications, Internet access, and teleconferencing services.Services aux collectivitésSSE PLC | Electric&#45;Integrated | Rdt: 6,8 | Beta: 0,6 SSE PLC generates, transmits, distributes and supplies electricity to industrial, commercial and domestic customers in the United Kingdom and Ireland. The Company also stores and distributes natural gas, and operates a telecommunications network that offers bandwidth and capacity to companies, public sector organizations, Internet service providers, and others.&amp;nbsp;Centrica PLC | Gas&#45;Distribution | Rdt: 5,5 | Beta: 0,7 Centrica PLC is an integrated energy company offering a wide range of home and business energy solutions. The Company sources, generates, processes, stores, trades, saves and supplies energy and provides a range of related services.Fortum OYJ | Electric&#45;Integrated | Rdt: 5,5 | Beta: 0,8 Fortum Oyj provides a full range of energy related products and services. The Company&#8217;s activities cover the generation, distribution, and sale of electricity and heat and steam, as well as the operation of power plants, and energy&#45;related services. Fortum operates worldwide but mainly in Northern Europe.&amp;nbsp;Endesa SA | Electric&#45;Integrated | Rdt: 3,4 | Beta: 0,8 Endesa, S.A. generates, distributes, and trades electricity in Spain, Italy, France, Portugal, North Africa, and Latin America. The Company distributes natural gas, operates co&#45;generation plants, and treats and distributes water.&amp;nbsp;Enel SpA | Electric&#45;Integrated | Rdt: 9,1 | Beta: 0,9 Enel S.p.A. generates, transmits, distributes, and trades electricity. The Company operates hydroelectric, geothermal, and other generating plants. Enel, through subsidiaries, also provides fixed&#45;line and mobile telephone services, installs public lighting systems, and operates real estate, factoring, insurance, telecommunications, and Internet service provider businesses.&amp;nbsp;EDF SA | Electric&#45;Integrated | Rdt: 6,2 | Beta: 0,9 EDF SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.RWE AG | Electric&#45;Integrated | Rdt: 11,0 | Beta: 1,0 RWE AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. RWE AG operates mainly in Europe.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Europe

Consommation de base&amp;nbsp;Colruyt SA | Food&#45;Retail | Rdt: 3,1 | Beta: 0,6 Colruyt SA retails goods and offers computer and printing services. The Company retails food and non&#45;food items through Colruyt supermarkets, and Coccinelle, UGA, and Codi Cash supermarkets and cash and carry stores. It retails toys, baby products, and school supplies through Dreamland stores. Colruyt markets computers and offers programming services.&amp;nbsp;Parmalat SpA | Food&#45;Dairy Products | Rdt: 2,2 | Beta: 0,6 Parmalat SpA produces milk, dairy, and other food products. The Company markets a wide range of products, including yogurt, cream, fruit juices, and desserts.&amp;nbsp;Delhaize Group SA | Food&#45;Retail | Rdt: 4,1 | Beta: 0,7 Delhaize Group operates supermarkets, drugstores, discount stores, and health and beauty shops throughout Belgium and abroad. The stores operate under the names Food Lion, MegaImage, AB Mega, Delvita, Tom &amp;amp; Company, SuperIndo, Le Lion, A.D. Delhaize, Superettes Delhaize, Di, Caddy&#45;Home, P.G., Alfa&#45;Beta, Super Discount Markets, Kash N&#8217; Karry, Hannaford, Shop N&#8217; Go, and Proxy Delhaize.J Sainsbury PLC | Food&#45;Retail | Rdt: 5,8 | Beta: 0,8 J Sainsbury plc retails food. The Company operates Sainsbury supermarkets in the United Kingdom, convenience stores, an Internet&#45;based home delivery service, and Sainsbury Bank. The Bank offers saving accounts, credit cards, mortgages, insurance products, and consumer loans.Services financiers&amp;nbsp;Basler Kantonalbank | Regional Banks&#45;Non US | Rdt: 2,7 | Beta: 0,4 Basler Kantonalbank is a Swiss regional bank. The Bank accepts deposits and offers mortgage and other loans, portfolio management, foreign currency trading, precious metals trading and other banking services. Basler Kantonalbank operates through a network of branches in the Canton of Basel.Admiral Group PLC | Property/Casualty Ins | Rdt: 8,0 | Beta: 0,7 Admiral Group Plc principally sells private motor insurance, together with ancillary products, such as breakdown cover and cover for legal expenses. The Company markets directly to the public in the United Kingdom through its core brands, the Admiral brand, elephant.co.uk, Diamond, and Bell Direct.Industrie&amp;nbsp;Capita PLC | Human Resources | Rdt: 3,6 | Beta: 0,6 Capita PLC provides an integrated range of services across the United Kingdom&#8217;s public and private sectors. The Company provides customer services, human resource services, software services, systems and strategic support, and property services.Services de télécommunication&amp;nbsp;Mobistar SA | Cellular Telecom | Rdt: 10,6 | Beta: 0,7 Mobistar SA offers mobile telephone services in Belgium through a GSM network, as well as fixed&#45;line services for international calls. The Company offers such services as pre&#45;paid calling cards, text messaging, mobile office access for business customers, and games.Services aux collectivités&amp;nbsp;Suez Environnement Co | Water | Rdt: 6,3 | Beta: 0,8 Suez Environnement Co. provides equipment and services for potable water supply. The Company also collects, treats, and distributes drinkable water. Suez Environnement also provides services for waste collection, recycling, recovery, treatment and disposal of urban and industrial waste.




	Petites capitalisations Europe

Consommation de base&amp;nbsp;Guyenne et Gascogne SA | Food&#45;Retail | Rdt: 5,8 | Beta: 0,5 Guyenne et Gascogne SA owns and operates hypermarkets and supermarkets throughout France and Spain under the names Carrefour and Squale. The Company owns some stores through joint ventures.&amp;nbsp;Grupa Zywiec SA | Brewery | Rdt: 9,6 | Beta: 0,6 Grupa Zywiec S.A. brews and distributes beer.&amp;nbsp;Bongrain SA | Food&#45;Dairy Products | Rdt: 3,4 | Beta: 0,6 Bongrain SA manufactures and distributes cheese and other dairy products throughout the world under the brand names Caprice des Dieux, Tartare, Alouette, and many others. The Company also produces gourmet food and provides catering services. It operates sales and production subsidiaries in Europe, the Americas, Asia, and Australia.Services financiersCredit Agricole Sud Rhone Alpes | Regional Banks&#45;Non US | Rdt: 7,1 | Beta: 0,5 Credit Agricole Sud Rhone Alpes is a regional bank serving southeastern France. The Bank offers credit to businesses, individuals, professionals, agricultural cooperatives and the public sector.Credit Agricole Alpes Provence | Regional Banks&#45;Non US | Rdt: 5,7 | Beta: 0,5 Credit Agricole Alpes Provence provides lending, depository and other financial services in the Alpes and Provence regions.Credit Agricole du Languedoc | Regional Banks&#45;Non US | Rdt: 7,0 | Beta: 0,5 Credit Agricole du Languedoc is a regional bank in Southwestern France. The Bank provides loans and financing to individuals and businesses through local branches.Credit Agricole Loire Haute&#45;Loire | Regional Banks&#45;Non US | Rdt: 6,3 | Beta: 0,6 Credit Agricole Loire Haute&#45;Loire is a regional bank belonging to the Credit Agricole Group. The Bank provides loans and financing to individuals and businesses through local branches in the Loire Region of France.Provident Financial PLC | Finance&#45;Consumer Loans | Rdt: 7,3 | Beta: 0,6 Provident Financial plc is a financial services group specialising in the provision of personal credit products for consumers in the United Kingdom non standard lending market. The Company&#8217;s Consumer Credit division provides small, unsecured loans, which they collect in weekly installments. The Company&#8217;s Credit Cards business is operated through Vanquis Bank.SantéRecordati SpA | Medical&#45;Drugs | Rdt: 7,8 | Beta: 0,6 Recordati S.p.A. researches, manufactures, and markets prescription and non&#45;prescription pharmaceuticals and pharmaceutical chemicals. The Company&#8217;s pharmaceuticals include lercanidipine, a treatment for hypertension. Recordati is licensed to produce cardiovascular, gastroenterological, and central nervous system drugs. The Company sells its products throughout the world.IndustrieStef | Transport&#45;Services | Rdt: 3,5 | Beta: 0,4 STEF is involved with the transportation and logistics of products that require controlled temperatures. The Company ships fresh and frozen foods such as meat and fish. The group also distributes pharmaceuticals.Technologie de l&#8217;information&amp;nbsp;Fonciere Europe Logistique | REITS&#45;Warehouse/Industr | Rdt: 6,5 | Beta: 0,4 Fonciere Europe Logistique is a real estate investment company. The Company invests in warehouses. The Company opted for the SIIC legal status in 2007.Foncières cotées&amp;nbsp;SIIC de Paris SA | REITS&#45;Diversified | Rdt: 2,8 | Beta: 0,4 SIIC de PARIS is involved in the leasing and rental of office, commercial, industrial and warehouse properties in France and French overseas territories. The Company opted for the SIIC legal status in 2004.&amp;nbsp;Fonciere Developpement Logements SA | REITS&#45;Apartments | Rdt: 6,5 | Beta: 0,4 Fonciere Developpement Logements is a Real Estate company which manages the residential portfolio of Fonciere Des Regions. The Company opted for the SIIC legal status in 2006.&amp;nbsp;Altarea | REITS&#45;Diversified | Rdt: 6,7 | Beta: 0,4 Altarea develops and manages shopping centers in France and Italy. The Company opted for the SIIC legal status in 2005.&amp;nbsp;London &amp;amp; Stamford Property PLC | REITS&#45;Diversified | Rdt: 7,0 | Beta: 0,5 London &amp;amp; Stamford Property PLC is an investment company. The Company invests in commercial property, including office, retail and distribution real estate assets, principally in the UK and will also consider opportunities overseas.ANF Immobilier | REITS&#45;Diversified | Rdt: 5,3 | Beta: 0,6 ANF Immobilier is a real estate investment trust (societe dinvestissements immobiliers cotee). The Company owns a portfolio of commercial, office, and residential rental properties in Lyon and Marseille. ANF opted for the SIIC legal status in 2006




	Grandes capitalisations Amérique

Consommation de baseKellogg Co | Food&#45;Misc/Diversified | Rdt: 3,3 | Beta: 0,4 Kellogg Company manufactures and markets ready&#45;to&#45;eat cereal and other convenience foods. The Company&#8217;s products include cereals, cookies, crackers, toaster pastries, cereal bars, fruit snacks, frozen waffles and veggie foods. Kellogg markets its products in the United States, Canada, and other countries throughout the world.Consommation discrétionnaire&amp;nbsp;Thomson Reuters Corp | Multimedia | Rdt: 4,5 | Beta: 0,7 Thomson Reuters Corporation is an electronic information and solutions company that serves the global business and professional marketplace. The Company provides proprietary online systems and CD&#45;ROM products in information sectors such as legal and regulatory, financial, scientific reference and healthcare, and corporate training.EnergieAucune action ne répond aux critères quantitatifs !Services financiersAucune action ne répond aux critères quantitatifs !SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;informationAucune action ne répond aux critères quantitatifs !Services de télécommunicationAucune action ne répond aux critères quantitatifs !Services aux collectivités&amp;nbsp;Exelon Corp | Electric&#45;Integrated | Rdt: 5,3 | Beta: 0,5 Exelon Corporation is a utility services holding company. The Company, through its subsidiaries distributes electricity to customers in Illinois and Pennsylvania. Exelon also distributes gas to customers in the Philadelphia area as well as operates nuclear power plants in states that include Pennsylvania and New Jersey.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Amérique

Consommation de base&amp;nbsp;George Weston Ltd | Food&#45;Misc/Diversified | Rdt: 2,2 | Beta: 0,6 George Weston Limited processes and distributes food throughout North America to grocer wholesalers, warehouses, and independent accounts. The Company also processes and packages fish.Consommation discrétionnaire&amp;nbsp;Shaw Communications Inc | Cable/Satellite TV | Rdt: 4,7 | Beta: 0,6 Shaw Communications, Inc. provides broadband cable television, Internet, and satellite television services.Energie&amp;nbsp;Inergy LP | Retail&#45;Propane Distrib | Rdt: 15,2 | Beta: 0,5 Inergy, L.P. is an energy infrastructure and distribution company. Inergy operates a retail and wholesale propane supply, marketing and distribution business. The Company also operates a midstream business that includes a natural gas storage business, a liquefied petroleum gas storage business, a natural gas liquids business and a solution&#45;mining and salt production company.Services de télécommunication&amp;nbsp;Frontier Communications Corp | Telephone&#45;Integrated | Rdt: 16,6 | Beta: 0,6 Frontier Communications Corporation provides communications services to rural areas and small and medium&#45;sized towns and cities. The Company offers a variety of voice, data, and Internet, and television services.Services aux collectivités&amp;nbsp;TransAlta Corp | Electric&#45;Integrated | Rdt: 5,7 | Beta: 0,6 TransAlta Corporation is a non&#45;regulated electric generation and marketing company with its growth focused in developing coal and gas&#45;fired generation. The Company is currently focused on Australia, Canada, the United States, and Mexico.




	Petites capitalisations Amérique

Energie&amp;nbsp;Inergy LP | Retail&#45;Propane Distrib | Rdt: 15,2 | Beta: 0,5 Inergy, L.P. is an energy infrastructure and distribution company. Inergy operates a retail and wholesale propane supply, marketing and distribution business. The Company also operates a midstream business that includes a natural gas storage business, a liquefied petroleum gas storage business, a natural gas liquids business and a solution&#45;mining and salt production company.Services aux collectivités&amp;nbsp;  Suburban Propane Partners LP | Oil Refining&amp;amp;Marketing | Rdt: 8,0 | Beta: 0,3 Suburban Propane Partners, L.P. is a retail propane gas marketer that serves residential, commercial, industrial, and agricultural customers through service centers.Foncières cotéesInvestors Real Estate Trust | REITS&#45;Diversified | Rdt: 7,7 | Beta: 0,4 Investors Real Estate Trust is a Real Estate Investment Trust (REIT), which is structured as an umbrella real estate investment trust (UPREIT). The company owns and operates residential, commercial, retail, and office properties. Investors Real Estate Trust also has investments in mortgages and contracts for deeds secured by real estate.




	Grandes capitalisations Asie/Pacifique

Consommation de base&amp;nbsp;  Woolworths Ltd | Food&#45;Retail | Rdt: 7,1 | Beta: 0,6 Woolworths Limited operates supermarkets, specialty and discount department stores, liquor and electronics stores throughout Australia. Woolworths also manufactures processed foods, exports and wholesales food and offers petrol retailing. The Company also operates hotels which includes pubs, food, accommodation, and gaming operations.Consommation discrétionnaireAucune action ne répond aux critères quantitatifs !EnergieAucune action ne répond aux critères quantitatifs !Services financiersAucune action ne répond aux critères quantitatifs !SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Nintendo Co Ltd | Toys | Rdt: 3,0 | Beta: 0,9 Nintendo Co., Ltd. globally develops, manufactures and sells home&#45;use video game hardware and software in home entertainment business. The company also produces home&#45;game products including cards.&amp;nbsp;  Canon Inc | Office Automation&amp;amp;Equip | Rdt: 3,6 | Beta: 1,0 CANON INC. is a professional and consumer imaging solutions company and patent&#45;holder of digital imaging technologies. The Company&#8217;s products include networked multifunction devices, digital and analog copiers, computer peripherals, facsimile machines, image filing systems, camcorders, cameras and lenses, semiconductor, and broadcast and medical equipment.Services de télécommunication&amp;nbsp;KDDI Corp | Telephone&#45;Integrated | Rdt: 3,1 | Beta: 0,7 KDDI CORPORATION provides mobile communication services and sells mobile devices. The Company also is a broadband provider.Services aux collectivités&amp;nbsp;CLP Holdings Ltd | Electric&#45;Integrated | Rdt: 3,9 | Beta: 0,4 CLP Holdings Limited, through its subsidiaries, generates and supplies electricity. The Company also develops and invests in power projects and invests in properties.&amp;nbsp;Kansai Electric Power Co Inc/The | Electric&#45;Integrated | Rdt: 5,0 | Beta: 0,5 The Kansai Electric Power Company, Incorporated generates electricity from hydroelectric, thermal, geothermal, and nuclear power sources. The Company distributes electricity to Osaka and the surrounding Kansai area. Kansai Electric also constructs and maintains electrical power facilities.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Asie/Pacifique

IndustrieSIA Engineering Co Ltd | Commercial Services | Rdt: 8,2 | Beta: 0,8 SIA Engineering Company provides airframe and component overhaul services, line maintenance and technical ground handling services. The Company also manufactures aircraft cabin equipment, refurbishes aircraft galleys, repairs and overhauls hydromechanical aircraft equipment.Foncières cotéesCapitaMall Trust | REITS&#45;Shopping Centers | Rdt: 5,4 | Beta: 0,8 CapitaMall Trust is a real estate investment trust which owns and invests in retail properties primarily in Singapore. The Company&#8217;s properties are strategically located in the suburban areas and downtown core of Singapore.




	Petites capitalisations Asie/Pacifique

Services financiers&amp;nbsp;BT Investment Management Ltd | Invest Mgmnt/Advis Serv | Rdt: 12,2 | Beta: 0,4 BT Investment Management Ltd. manages funds on behalf of retail and institutional clients and other intermediaries. The Company invests funds in a range of asset classes including equities, fixed income, cash, and alternatives.Industrie&amp;nbsp;Singapore Post Ltd | Transport&#45;Services | Rdt: 6,4 | Beta: 0,5 Singapore Post Limited provides domestic and international postal services. The Company is also involved in logistic business and has a retail distribution network in Singapore.&amp;nbsp;SMRT Corp Ltd | Transport&#45;Services | Rdt: 4,9 | Beta: 0,6 SMRT Corporation Limited operates the Mass Rapid Transit (MRT) system and LRT (Light Rail Transit) system in Singapore. The Company also provides bus, taxi, charter hire services, and consultancy and project management services. SMRT Corporation rents taxis and leases commercial space, kiosks and advertising panels at the MRT and LRT stations as well as in train, buses, and taxis.</description>
	            <pubDate>Sat, 04 Feb 2012 11:12:48 GMT</pubDate>
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	            <title>Portefeuille Patrimoine &#45; Février 2012</title>
	            <description>33e mois de reporting : rappelons que l&#8217;objectif est l&#8217;obtention d&#8217;un patrimoine de 600 k€. La stratégie patrimoniale pour y parvenir a été explicitée en filigrane sur ce blog ou les forums, et est décrite en détail dans mon livre. Le montant des encours géré a été donné dans le reporting d&#8217;Avril 2011.

	Le mois de janvier 2012 a été correct avec un gain de +0,89% et un portefeuille Patrimoine toujours plus haut (à 129).

	Je passe sur la nouvelle hausse des prélèvements sociaux, comme je l&#8217;ai dit maintes fois sur les forums, à l&#8217;avenir nous aurons toujours plus de taxes et d&#8217;impôts : ce n&#8217;est que le début. Ça ne remet pas en cause la stratégie, il faudra &#8220;juste&#8221; un capital plus élevé pour générer la rentre souhaitée. Heureux par contre ceux qui sont propriétaires de leur logement, ils n&#8217;ont pas de prélèvements sociaux sur les loyers économisés.

	Au niveau du portefeuille d&#8217;actions, le mois a été assez stable. Mes cigarettiers ont bien baissé (sur PM, j&#8216;étais à +81% de +Values latentes le mois dernier, je suis revenu à +71%) mais d&#8217;autres valeurs ont compensé, notamment Microsoft (+7% le mois dernier, +21% actuellement) que j&#8217;avais acheté en novembre 2011. Mes arbitrages de décembre 2011 ont aussi été assez chanceux, puisque KPN, dont j&#8217;ai soldé la position, a publié de mauvais résultats et a chuté. Enfin, ma diversification à l&#8217;USD au niveau des foncières cotées est payante pour le moment, puisque Corporate Office Properties, acheté en décembre 2011, fait +15% et surtout évolue de façon décorrélée de mes autres foncières cotées :


(reporting généré par l&#8217;application XlsPortfolio)

	La performance de janvier est en fait essentiellement due aux intérêts perçus sur les livrets et au reliquat sur le taux de rendement 2011 de mes fonds Euros, dont les taux définitifs ont été connus ce mois&#45;ci. Les rendements sont faibles par rapport aux performances historiques, mais mes fonds Euros se sont bien comportés par rapport aux autres :

	
		Eurossima : +3,72%
		Apicil Euro Garanti : +3,61%
		Suravenir : +3,75%
	

	Je rappelle qu&#8217;ils s&#8217;agit de fonds Euros sans frais d&#8217;entrée ou de sortie et qu&#8217;il est pure folie de payer encore des frais d&#8217;entrée sur les fonds Euros. Eurossima est disponible entre autre chez Boursorama et Suravenir chez Fortuneo, sur lesquels je peux vous parrainer.

	Enfin l&#8216;épargne mensuelle de ce mois&#45;ci a été mise sur mon PEL, qui n&#8217;est pas encore au plafond. Cela me permet de retrouver une allocation stratégique 55 (actions + foncières cotées) / 45 (fonds euros + livrets).

	01/02/2012

	Allocation stratégique :


	Allocation sectorielle hors fonds euros et livrets (graphique généré par l&#8217;application XlsPortfolio) :


	Allocation sectorielle foncières cotées (graphique généré par l&#8217;application XlsPortfolio) :


	Allocation opérationnelle hors fonds euros et livrets (reporting généré par l&#8217;application XlsPortfolio) :


	Evolution de la valeur de la part

	Cette performance doit se comparer avec un fonds mixte international équilibré. Tous les dividendes sont réinvestis après prélèvements sociaux.






	Le 90,8% de prédictibilité correspond au coefficient de détermination. Plus le chiffre est élevé, plus la valeur de la part suit une ligne droite.</description>
	            <pubDate>Wed, 01 Feb 2012 17:19:24 GMT</pubDate>
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	            <title>Achat actions : opportunités au 28/01/2012</title>
	            <description>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de Bloomberg et Yahoo, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.

	Rappelez&#45;vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. L&#8217;investisseur heureux préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.

	Grandes capitalisations Europe

Consommation de base&amp;nbsp;TESCO PLC | Food&#45;Retail | Rdt: 5,1 | Beta: 0,7 Tesco plc is a food retailer. The Group operates stores in the United Kingdom, Republic of Ireland, Czech Republic, Hungary, Poland, Slovakia, Turkey, Japan, Malaysia, South Korea, China, Thailand, and the United States.&amp;nbsp;Carrefour SA | Food&#45;Retail | Rdt: 5,9 | Beta: 1,0 Carrefour SA operates chains of supermarkets, hypermarkets, discount, cash and carry, and frozen food stores in Europe, the Americas, and Asia.Consommation discrétionnaireBritish Sky Broadcasting Group PLC | Cable/Satellite TV | Rdt: 3,8 | Beta: 0,7 British Sky Broadcasting Group plc provides a pay television broadcasting service to customers in the United Kingdom and the Republic of Ireland. The Group&#8217;s channels broadcast news, movies, sports and pay&#45;per&#45;view events. British Sky also offers Internet services via fixed telecommunications infrastructure.&amp;nbsp;Vivendi SA | Telecom Services | Rdt: 8,9 | Beta: 0,9 Vivendi, through its subsidiaries, conducts operations ranging from music, games and television to film and telecommunications. The Company provides digital and pay television services, sells music compact discs (CDs), develops and distributes interactive entertainment, and operates mobile and fixed&#45;line telecommunications.EnergieAucune action ne répond aux critères quantitatifs !Services financiersAucune action ne répond aux critères quantitatifs !SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Telefonaktiebolaget LM Ericsson | Wireless Equipment | Rdt: 3,7 | Beta: 0,9 Telefonaktiebolaget LM Ericsson develops and manufactures products for wired and mobile communications in public and private networks. The Company produces mobile telephones through its Sony Ericsson joint venture. Ericsson manufactures and installs wired and wireless communications systems, wireless microwave links, call center equipment, microelectronics, and radar systems.&amp;nbsp;Nokia OYJ | Wireless Equipment | Rdt: 10,2 | Beta: 1,0 Nokia Oyj is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks.Services de télécommunication&amp;nbsp;Koninklijke KPN NV | Telephone&#45;Integrated | Rdt: 9,9 | Beta: 0,7 Koninklijke (Royal) KPN NV provides telecommunications services throughout the Netherlands. The Company provides local, long distance, international, and mobile telecommunications services, voice&#45;mail, call forwarding, ISDN Internet lines, faxing, and communications services for businesses and individuals. KPN offers mobile telecommunications through E&#45;Plus in Germany and BASE in Belgium.&amp;nbsp;France Telecom SA | Telephone&#45;Integrated | Rdt: 12,3 | Beta: 0,8 France Telecom SA provides telecommunications services to residential, professional, and large business customers. The Company offers public fixed&#45;line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services, and telecommunications equipment sales and rentals.&amp;nbsp;Telefonica SA | Telephone&#45;Integrated | Rdt: 11,4 | Beta: 0,8 Telefonica S.A. provides telecommunications services mainly to countries in Europe and Latin America. The Company offers fixed&#45;line and mobile telephone, Internet, and data transmission services to residential and corporate customers.&amp;nbsp;  Telecom Italia SpA | Telephone&#45;Integrated | Rdt: 7,4 | Beta: 0,9 Telecom Italia S.p.A., through subsidiaries, offers fixed line and mobile telephone and data transmission services in Italy and abroad. The Company offers local and long&#45;distance telephone, satellite communications, Internet access, and teleconferencing services.Services aux collectivités&amp;nbsp;  SSE PLC | Electric&#45;Integrated | Rdt: 7,0 | Beta: 0,6 SSE PLC generates, transmits, distributes and supplies electricity to industrial, commercial and domestic customers in the United Kingdom and Ireland. The Company also stores and distributes natural gas, and operates a telecommunications network that offers bandwidth and capacity to companies, public sector organizations, Internet service providers, and others.Snam Rete Gas SpA | Gas&#45;Transportation | Rdt: 6,9 | Beta: 0,6 Snam S.p.A. owns and operates Italy&#8217;s natural&#45;gas distribution network. The Company transports gas on behalf of importers, distributors, and companies supplying Italian households. Snam owns a network of high&#45;and medium&#45;pressure pipes, including trunk lines connected to production and importation sites in Italy.&amp;nbsp;Centrica PLC | Gas&#45;Distribution | Rdt: 5,6 | Beta: 0,7 Centrica PLC is an integrated energy company offering a wide range of home and business energy solutions. The Company sources, generates, processes, stores, trades, saves and supplies energy and provides a range of related services.&amp;nbsp;Fortum OYJ | Electric&#45;Integrated | Rdt: 5,9 | Beta: 0,8 Fortum Oyj provides a full range of energy related products and services. The Company&#8217;s activities cover the generation, distribution, and sale of electricity and heat and steam, as well as the operation of power plants, and energy&#45;related services. Fortum operates worldwide but mainly in Northern Europe.&amp;nbsp;Endesa SA | Electric&#45;Integrated | Rdt: 3,4 | Beta: 0,8 Endesa, S.A. generates, distributes, and trades electricity in Spain, Italy, France, Portugal, North Africa, and Latin America. The Company distributes natural gas, operates co&#45;generation plants, and treats and distributes water.&amp;nbsp;EDF SA | Electric&#45;Integrated | Rdt: 6,6 | Beta: 0,9 EDF SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.&amp;nbsp;Enel SpA | Electric&#45;Integrated | Rdt: 9,0 | Beta: 0,9 Enel S.p.A. generates, transmits, distributes, and trades electricity. The Company operates hydroelectric, geothermal, and other generating plants. Enel, through subsidiaries, also provides fixed&#45;line and mobile telephone services, installs public lighting systems, and operates real estate, factoring, insurance, telecommunications, and Internet service provider businesses.&amp;nbsp;RWE AG | Electric&#45;Integrated | Rdt: 12,3 | Beta: 1,0 RWE AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. RWE AG operates mainly in Europe.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Europe

Consommation de base&amp;nbsp;Colruyt SA | Food&#45;Retail | Rdt: 3,1 | Beta: 0,6 Colruyt SA retails goods and offers computer and printing services. The Company retails food and non&#45;food items through Colruyt supermarkets, and Coccinelle, UGA, and Codi Cash supermarkets and cash and carry stores. It retails toys, baby products, and school supplies through Dreamland stores. Colruyt markets computers and offers programming services.&amp;nbsp;Parmalat SpA | Food&#45;Dairy Products | Rdt: 2,5 | Beta: 0,6 Parmalat SpA produces milk, dairy, and other food products. The Company markets a wide range of products, including yogurt, cream, fruit juices, and desserts.&amp;nbsp;Delhaize Group SA | Food&#45;Retail | Rdt: 4,1 | Beta: 0,7 Delhaize Group operates supermarkets, drugstores, discount stores, and health and beauty shops throughout Belgium and abroad. The stores operate under the names Food Lion, MegaImage, AB Mega, Delvita, Tom &amp;amp; Company, SuperIndo, Le Lion, A.D. Delhaize, Superettes Delhaize, Di, Caddy&#45;Home, P.G., Alfa&#45;Beta, Super Discount Markets, Kash N&#8217; Karry, Hannaford, Shop N&#8217; Go, and Proxy Delhaize.&amp;nbsp;J Sainsbury PLC | Food&#45;Retail | Rdt: 5,9 | Beta: 0,8 J Sainsbury plc retails food. The Company operates Sainsbury supermarkets in the United Kingdom, convenience stores, an Internet&#45;based home delivery service, and Sainsbury Bank. The Bank offers saving accounts, credit cards, mortgages, insurance products, and consumer loans.Services financiers&amp;nbsp;Basler Kantonalbank | Regional Banks&#45;Non US | Rdt: 2,5 | Beta: 0,3 Basler Kantonalbank is a Swiss regional bank. The Bank accepts deposits and offers mortgage and other loans, portfolio management, foreign currency trading, precious metals trading and other banking services. Basler Kantonalbank operates through a network of branches in the Canton of Basel.&amp;nbsp;Admiral Group PLC | Property/Casualty Ins | Rdt: 9,0 | Beta: 0,7 Admiral Group Plc principally sells private motor insurance, together with ancillary products, such as breakdown cover and cover for legal expenses. The Company markets directly to the public in the United Kingdom through its core brands, the Admiral brand, elephant.co.uk, Diamond, and Bell Direct.Industrie&amp;nbsp;Capita PLC | Human Resources | Rdt: 3,6 | Beta: 0,6 Capita PLC provides an integrated range of services across the United Kingdom&#8217;s public and private sectors. The Company provides customer services, human resource services, software services, systems and strategic support, and property services.Services de télécommunication&amp;nbsp;Mobistar SA | Cellular Telecom | Rdt: 11,3 | Beta: 0,7 Mobistar SA offers mobile telephone services in Belgium through a GSM network, as well as fixed&#45;line services for international calls. The Company offers such services as pre&#45;paid calling cards, text messaging, mobile office access for business customers, and games.Services aux collectivités&amp;nbsp;Suez Environnement Co | Water | Rdt: 6,5 | Beta: 0,8 Suez Environnement Co. provides equipment and services for potable water supply. The Company also collects, treats, and distributes drinkable water. Suez Environnement also provides services for waste collection, recycling, recovery, treatment and disposal of urban and industrial waste.




	Petites capitalisations Europe

Consommation de base&amp;nbsp;Guyenne et Gascogne SA | Food&#45;Retail | Rdt: 5,8 | Beta: 0,5 Guyenne et Gascogne SA owns and operates hypermarkets and supermarkets throughout France and Spain under the names Carrefour and Squale. The Company owns some stores through joint ventures.&amp;nbsp;Grupa Zywiec SA | Brewery | Rdt: 9,7 | Beta: 0,6 Grupa Zywiec S.A. brews and distributes beer.&amp;nbsp;Bongrain SA | Food&#45;Dairy Products | Rdt: 3,4 | Beta: 0,6 Bongrain SA manufactures and distributes cheese and other dairy products throughout the world under the brand names Caprice des Dieux, Tartare, Alouette, and many others. The Company also produces gourmet food and provides catering services. It operates sales and production subsidiaries in Europe, the Americas, Asia, and Australia.Services financiers&amp;nbsp;Credit Agricole Sud Rhone Alpes | Regional Banks&#45;Non US | Rdt: 7,4 | Beta: 0,5 Credit Agricole Sud Rhone Alpes is a regional bank serving southeastern France. The Bank offers credit to businesses, individuals, professionals, agricultural cooperatives and the public sector.&amp;nbsp;Credit Agricole du Languedoc | Regional Banks&#45;Non US | Rdt: 7,7 | Beta: 0,5 Credit Agricole du Languedoc is a regional bank in Southwestern France. The Bank provides loans and financing to individuals and businesses through local branches.&amp;nbsp;Credit Agricole Alpes Provence | Regional Banks&#45;Non US | Rdt: 6,2 | Beta: 0,5 Credit Agricole Alpes Provence provides lending, depository and other financial services in the Alpes and Provence regions.&amp;nbsp;Credit Agricole Loire Haute&#45;Loire | Regional Banks&#45;Non US | Rdt: 6,9 | Beta: 0,5 Credit Agricole Loire Haute&#45;Loire is a regional bank belonging to the Credit Agricole Group. The Bank provides loans and financing to individuals and businesses through local branches in the Loire Region of France.&amp;nbsp;  Provident Financial PLC | Finance&#45;Consumer Loans | Rdt: 7,5 | Beta: 0,6 Provident Financial plc is a financial services group specialising in the provision of personal credit products for consumers in the United Kingdom non standard lending market. The Company&#8217;s Consumer Credit division provides small, unsecured loans, which they collect in weekly installments. The Company&#8217;s Credit Cards business is operated through Vanquis Bank.Santé&amp;nbsp;Recordati SpA | Medical&#45;Drugs | Rdt: 8,1 | Beta: 0,6 Recordati S.p.A. researches, manufactures, and markets prescription and non&#45;prescription pharmaceuticals and pharmaceutical chemicals. The Company&#8217;s pharmaceuticals include lercanidipine, a treatment for hypertension. Recordati is licensed to produce cardiovascular, gastroenterological, and central nervous system drugs. The Company sells its products throughout the world.Industrie&amp;nbsp;Stef | Transport&#45;Services | Rdt: 3,6 | Beta: 0,4 STEF is involved with the transportation and logistics of products that require controlled temperatures. The Company ships fresh and frozen foods such as meat and fish. The group also distributes pharmaceuticals.Technologie de l&#8217;information&amp;nbsp;Fonciere Europe Logistique | REITS&#45;Warehouse/Industr | Rdt: 6,3 | Beta: 0,4 Fonciere Europe Logistique is a real estate investment company. The Company invests in warehouses. The Company opted for the SIIC legal status in 2007.Foncières cotées&amp;nbsp;SIIC de Paris SA | REITS&#45;Diversified | Rdt: 2,7 | Beta: 0,4 SIIC de PARIS is involved in the leasing and rental of office, commercial, industrial and warehouse properties in France and French overseas territories. The Company opted for the SIIC legal status in 2004.Fonciere des 6eme et 7eme Arro&#8230; | REITS&#45;Diversified | Rdt: 2,0 | Beta: 0,4 Fonciere des 6eme et 7eme Arrondissements de Paris buys, builds, sells, and maintains industrial, commercial, residential, and hotel properties. The Company opted for the SIIC legal status in 2007.&amp;nbsp;Fonciere Developpement Logements SA | REITS&#45;Apartments | Rdt: 6,7 | Beta: 0,4 Fonciere Developpement Logements is a Real Estate company which manages the residential portfolio of Fonciere Des Regions. The Company opted for the SIIC legal status in 2006.&amp;nbsp;Altarea | REITS&#45;Diversified | Rdt: 6,8 | Beta: 0,4 Altarea develops and manages shopping centers in France and Italy. The Company opted for the SIIC legal status in 2005.Societe Fonciere Lyonnaise SA | REITS&#45;Diversified | Rdt: 5,9 | Beta: 0,5 Societe Fonciere Lyonnaise is a real estate investment and management company. The Company manages a portfolio of primarily office and retail properties in Paris&#8217; central business district. The Company opted for the SIIC legal status in 2003.Wereldhave Belgium NV | REITS&#45;Diversified | Rdt: 5,8 | Beta: 0,5 Wereldhave Belgium owns and operates offices, shopping centres, industrial properties, and residential properties. Investments are located in various locations in Belgium. Wereldhave Belgium&#8217;s parent company is the Dutch group Wereldhave N.V., which has offices in The Hague, London, Madrid, New York, and Paris.&amp;nbsp;London &amp;amp; Stamford Property PLC | REITS&#45;Diversified | Rdt: 7,1 | Beta: 0,5 London &amp;amp; Stamford Property PLC is an investment company. The Company invests in commercial property, including office, retail and distribution real estate assets, principally in the UK and will also consider opportunities overseas.&amp;nbsp;ANF Immobilier | REITS&#45;Diversified | Rdt: 5,5 | Beta: 0,6 ANF Immobilier is a real estate investment trust (societe dinvestissements immobiliers cotee). The Company owns a portfolio of commercial, office, and residential rental properties in Lyon and Marseille. ANF opted for the SIIC legal status in 2006




	Grandes capitalisations Amérique

Consommation de base&amp;nbsp;  Kellogg Co | Food&#45;Misc/Diversified | Rdt: 3,4 | Beta: 0,4 Kellogg Company manufactures and markets ready&#45;to&#45;eat cereal and other convenience foods. The Company&#8217;s products include cereals, cookies, crackers, toaster pastries, cereal bars, fruit snacks, frozen waffles and veggie foods. Kellogg markets its products in the United States, Canada, and other countries throughout the world.Consommation discrétionnaire&amp;nbsp;Thomson Reuters Corp | Multimedia | Rdt: 4,4 | Beta: 0,7 Thomson Reuters Corporation is an electronic information and solutions company that serves the global business and professional marketplace. The Company provides proprietary online systems and CD&#45;ROM products in information sectors such as legal and regulatory, financial, scientific reference and healthcare, and corporate training.EnergieAucune action ne répond aux critères quantitatifs !Services financiersAucune action ne répond aux critères quantitatifs !SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;informationAucune action ne répond aux critères quantitatifs !Services de télécommunicationAucune action ne répond aux critères quantitatifs !Services aux collectivités&amp;nbsp;Exelon Corp | Electric&#45;Integrated | Rdt: 5,3 | Beta: 0,5 Exelon Corporation is a utility services holding company. The Company, through its subsidiaries distributes electricity to customers in Illinois and Pennsylvania. Exelon also distributes gas to customers in the Philadelphia area as well as operates nuclear power plants in states that include Pennsylvania and New Jersey.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Amérique

Consommation de base&amp;nbsp;  George Weston Ltd | Food&#45;Misc/Diversified | Rdt: 2,2 | Beta: 0,6 George Weston Limited processes and distributes food throughout North America to grocer wholesalers, warehouses, and independent accounts. The Company also processes and packages fish.Consommation discrétionnaire&amp;nbsp;  Shaw Communications Inc | Cable/Satellite TV | Rdt: 4,7 | Beta: 0,6 Shaw Communications, Inc. provides broadband cable television, Internet, and satellite television services.Energie&amp;nbsp;Inergy LP | Retail&#45;Propane Distrib | Rdt: 16,3 | Beta: 0,5 Inergy, L.P. is an energy infrastructure and distribution company. Inergy operates a retail and wholesale propane supply, marketing and distribution business. The Company also operates a midstream business that includes a natural gas storage business, a liquefied petroleum gas storage business, a natural gas liquids business and a solution&#45;mining and salt production company.Services de télécommunication&amp;nbsp;Frontier Communications Corp | Telephone&#45;Integrated | Rdt: 17,4 | Beta: 0,6 Frontier Communications Corporation provides communications services to rural areas and small and medium&#45;sized towns and cities. The Company offers a variety of voice, data, and Internet, and television services.Services aux collectivités&amp;nbsp;TransAlta Corp | Electric&#45;Integrated | Rdt: 5,8 | Beta: 0,6 TransAlta Corporation is a non&#45;regulated electric generation and marketing company with its growth focused in developing coal and gas&#45;fired generation. The Company is currently focused on Australia, Canada, the United States, and Mexico.Foncières cotéesChimera Investment Corp | REITS&#45;Mortgage | Rdt: 16,7 | Beta: 0,8 Chimera Investment Corporation is a specialty finance company. The Company invests in residential mortgage loans, residential mortgage&#45;backed securities, real estate&#45;related securities and various other asset classes.




	Petites capitalisations Amérique

Energie&amp;nbsp;Inergy LP | Retail&#45;Propane Distrib | Rdt: 16,3 | Beta: 0,5 Inergy, L.P. is an energy infrastructure and distribution company. Inergy operates a retail and wholesale propane supply, marketing and distribution business. The Company also operates a midstream business that includes a natural gas storage business, a liquefied petroleum gas storage business, a natural gas liquids business and a solution&#45;mining and salt production company.IndustrieCovanta Holding Corp | Non&#45;hazardous Waste Disp | Rdt: 2,1 | Beta: 0,5 Covanta Holding Corporation conducts operations in waste disposal, energy services, and specialty insurance. The Company also owns and operates waste&#45;to&#45;energy and power generation projects. Covanta&#8217;s waste&#45;to&#45;energy facilities convert municipal solid waste into renewable energy for communities primarily in the United States.Foncières cotées&amp;nbsp;Investors Real Estate Trust | REITS&#45;Diversified | Rdt: 8,1 | Beta: 0,4 Investors Real Estate Trust is a Real Estate Investment Trust (REIT), which is structured as an umbrella real estate investment trust (UPREIT). The company owns and operates residential, commercial, retail, and office properties. Investors Real Estate Trust also has investments in mortgages and contracts for deeds secured by real estate.




	Grandes capitalisations Asie/Pacifique

Consommation de baseAucune action ne répond aux critères quantitatifs !Consommation discrétionnaireAucune action ne répond aux critères quantitatifs !EnergieAucune action ne répond aux critères quantitatifs !Services financiersOversea&#45;Chinese Banking Corp Ltd | Commer Banks Non&#45;US | Rdt: 3,5 | Beta: 1,0 Oversea&#45;Chinese Banking Corporation Limited offers a comprehensive range of financial services. The Company&#8217;s services include deposit&#45;taking, corporate, enterprise and personal lending, international trade financing, investment banking, private banking, treasury, stockbroking, insurance, credit cards, cash management, asset management and other financial and related services.HSBC Holdings PLC | Diversified Banking Inst | Rdt: 4,6 | Beta: 1,0 HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.SantéTakeda Pharmaceutical Co Ltd | Medical&#45;Drugs | Rdt: 5,4 | Beta: 0,6 Takeda Pharmaceutical Company Limited mainly manufactures and sells pharmaceuticals, food supplements, and chemical products like polyurethane. The Company also produces food, agrochemicals, and environment&#45;related products such as pollution detectors. Takeda Pharmaceutical researches, develops, and promotes the products through its related companies in the US, Europe, and Asia.Daiichi Sankyo Co Ltd | Medical&#45;Drugs | Rdt: 4,2 | Beta: 0,7 DAIICHI SANKYO COMPANY, LIMITED is a holding company established through merger of Sankyo and Daiichi pharmaceutical. The Group manufactures pharmaceuticals for human/veterinary use and medical tools and equipment. It also researches and promotes products through related companies throughout the world. The Group also produces food, food additives, livestock feeds, and agrochemicals.IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Nintendo Co Ltd | Toys | Rdt: 3,0 | Beta: 0,9 Nintendo Co., Ltd. globally develops, manufactures and sells home&#45;use video game hardware and software in home entertainment business. The company also produces home&#45;game products including cards.Canon Inc | Office Automation&amp;amp;Equip | Rdt: 3,5 | Beta: 1,0 CANON INC. is a professional and consumer imaging solutions company and patent&#45;holder of digital imaging technologies. The Company&#8217;s products include networked multifunction devices, digital and analog copiers, computer peripherals, facsimile machines, image filing systems, camcorders, cameras and lenses, semiconductor, and broadcast and medical equipment.Services de télécommunicationChina Telecom Corp Ltd | Telecom Services | Rdt: 2,0 | Beta: 0,6 China Telecom Corporation Limited, through its subsidiaries, provides wireline telephone, data, and Internet, as well as leased line services in China.&amp;nbsp;KDDI Corp | Telephone&#45;Integrated | Rdt: 3,0 | Beta: 0,7 KDDI CORPORATION provides mobile communication services and sells mobile devices. The Company also is a broadband provider.Services aux collectivités&amp;nbsp;CLP Holdings Ltd | Electric&#45;Integrated | Rdt: 3,9 | Beta: 0,4 CLP Holdings Limited, through its subsidiaries, generates and supplies electricity. The Company also develops and invests in power projects and invests in properties.&amp;nbsp;Kansai Electric Power Co Inc/The | Electric&#45;Integrated | Rdt: 4,7 | Beta: 0,5 The Kansai Electric Power Company, Incorporated generates electricity from hydroelectric, thermal, geothermal, and nuclear power sources. The Company distributes electricity to Osaka and the surrounding Kansai area. Kansai Electric also constructs and maintains electrical power facilities.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Asie/Pacifique

Industrie&amp;nbsp;SIA Engineering Co Ltd | Commercial Services | Rdt: 8,7 | Beta: 0,8 SIA Engineering Company provides airframe and component overhaul services, line maintenance and technical ground handling services. The Company also manufactures aircraft cabin equipment, refurbishes aircraft galleys, repairs and overhauls hydromechanical aircraft equipment.Foncières cotées&amp;nbsp;  CapitaMall Trust | REITS&#45;Shopping Centers | Rdt: 5,5 | Beta: 0,8 CapitaMall Trust is a real estate investment trust which owns and invests in retail properties primarily in Singapore. The Company&#8217;s properties are strategically located in the suburban areas and downtown core of Singapore.




	Petites capitalisations Asie/Pacifique

Consommation discrétionnaireCafe de Coral Holdings Ltd | Retail&#45;Restaurants | Rdt: 4,9 | Beta: 0,5 Cafe De Coral Holdings Limited, through its subsidiaries, operates quick service restaurants, fast casual dining, institutional catering and specialty restaurant chains, and food manufacturing business.Services financiers&amp;nbsp;BT Investment Management Ltd | Invest Mgmnt/Advis Serv | Rdt: 12,4 | Beta: 0,4 BT Investment Management Ltd. manages funds on behalf of retail and institutional clients and other intermediaries. The Company invests funds in a range of asset classes including equities, fixed income, cash, and alternatives.Industrie&amp;nbsp;Singapore Post Ltd | Transport&#45;Services | Rdt: 6,3 | Beta: 0,5 Singapore Post Limited provides domestic and international postal services. The Company is also involved in logistic business and has a retail distribution network in Singapore.&amp;nbsp;SMRT Corp Ltd | Transport&#45;Services | Rdt: 4,9 | Beta: 0,6 SMRT Corporation Limited operates the Mass Rapid Transit (MRT) system and LRT (Light Rail Transit) system in Singapore. The Company also provides bus, taxi, charter hire services, and consultancy and project management services. SMRT Corporation rents taxis and leases commercial space, kiosks and advertising panels at the MRT and LRT stations as well as in train, buses, and taxis.</description>
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	            <title>Achat actions : opportunités au 21/01/2012</title>
	            <description>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de Bloomberg et Yahoo, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.

	Rappelez&#45;vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. L&#8217;investisseur heureux préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.

	Grandes capitalisations Europe

Consommation de base&amp;nbsp;TESCO PLC | Food&#45;Retail | Rdt: 5,0 | Beta: 0,7 Tesco plc is a food retailer. The Group operates stores in the United Kingdom, Republic of Ireland, Czech Republic, Hungary, Poland, Slovakia, Turkey, Japan, Malaysia, South Korea, China, Thailand, and the United States.&amp;nbsp;Carrefour SA | Food&#45;Retail | Rdt: 6,4 | Beta: 1,0 Carrefour SA operates chains of supermarkets, hypermarkets, discount, cash and carry, and frozen food stores in Europe, the Americas, and Asia.Consommation discrétionnaire&amp;nbsp;  British Sky Broadcasting Group PLC | Cable/Satellite TV | Rdt: 3,9 | Beta: 0,7 British Sky Broadcasting Group plc provides a pay television broadcasting service to customers in the United Kingdom and the Republic of Ireland. The Group&#8217;s channels broadcast news, movies, sports and pay&#45;per&#45;view events. British Sky also offers Internet services via fixed telecommunications infrastructure.&amp;nbsp;Vivendi SA | Telecom Services | Rdt: 8,7 | Beta: 0,9 Vivendi, through its subsidiaries, conducts operations ranging from music, games and television to film and telecommunications. The Company provides digital and pay television services, sells music compact discs (CDs), develops and distributes interactive entertainment, and operates mobile and fixed&#45;line telecommunications.EnergieAucune action ne répond aux critères quantitatifs !Services financiersHSBC Holdings PLC | Diversified Banking Inst | Rdt: 5,0 | Beta: 1,0 HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Telefonaktiebolaget LM Ericsson | Wireless Equipment | Rdt: 3,3 | Beta: 0,9 Telefonaktiebolaget LM Ericsson develops and manufactures products for wired and mobile communications in public and private networks. The Company produces mobile telephones through its Sony Ericsson joint venture. Ericsson manufactures and installs wired and wireless communications systems, wireless microwave links, call center equipment, microelectronics, and radar systems.&amp;nbsp;Nokia OYJ | Wireless Equipment | Rdt: 9,2 | Beta: 1,0 Nokia Oyj is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks.Services de télécommunication&amp;nbsp;Koninklijke KPN NV | Telephone&#45;Integrated | Rdt: 9,4 | Beta: 0,7 Koninklijke (Royal) KPN NV provides telecommunications services throughout the Netherlands. The Company provides local, long distance, international, and mobile telecommunications services, voice&#45;mail, call forwarding, ISDN Internet lines, faxing, and communications services for businesses and individuals. KPN offers mobile telecommunications through E&#45;Plus in Germany and BASE in Belgium.&amp;nbsp;France Telecom SA | Telephone&#45;Integrated | Rdt: 12,2 | Beta: 0,8 France Telecom SA provides telecommunications services to residential, professional, and large business customers. The Company offers public fixed&#45;line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services, and telecommunications equipment sales and rentals.&amp;nbsp;Telefonica SA | Telephone&#45;Integrated | Rdt: 11,3 | Beta: 0,8 Telefonica S.A. provides telecommunications services mainly to countries in Europe and Latin America. The Company offers fixed&#45;line and mobile telephone, Internet, and data transmission services to residential and corporate customers.Services aux collectivités&amp;nbsp;Snam Rete Gas SpA | Gas&#45;Transportation | Rdt: 7,4 | Beta: 0,6 Snam S.p.A. owns and operates Italy&#8217;s natural&#45;gas distribution network. The Company transports gas on behalf of importers, distributors, and companies supplying Italian households. Snam owns a network of high&#45;and medium&#45;pressure pipes, including trunk lines connected to production and importation sites in Italy.&amp;nbsp;Centrica PLC | Gas&#45;Distribution | Rdt: 5,8 | Beta: 0,7 Centrica PLC is an integrated energy company offering a wide range of home and business energy solutions. The Company sources, generates, processes, stores, trades, saves and supplies energy and provides a range of related services.&amp;nbsp;Fortum OYJ | Electric&#45;Integrated | Rdt: 6,1 | Beta: 0,8 Fortum Oyj provides a full range of energy related products and services. The Company&#8217;s activities cover the generation, distribution, and sale of electricity and heat and steam, as well as the operation of power plants, and energy&#45;related services. Fortum operates worldwide but mainly in Northern Europe.&amp;nbsp;Endesa SA | Electric&#45;Integrated | Rdt: 3,4 | Beta: 0,8 Endesa, S.A. generates, distributes, and trades electricity in Spain, Italy, France, Portugal, North Africa, and Latin America. The Company distributes natural gas, operates co&#45;generation plants, and treats and distributes water.&amp;nbsp;Enel SpA | Electric&#45;Integrated | Rdt: 9,2 | Beta: 0,9 Enel S.p.A. generates, transmits, distributes, and trades electricity. The Company operates hydroelectric, geothermal, and other generating plants. Enel, through subsidiaries, also provides fixed&#45;line and mobile telephone services, installs public lighting systems, and operates real estate, factoring, insurance, telecommunications, and Internet service provider businesses.&amp;nbsp;EDF SA | Electric&#45;Integrated | Rdt: 6,6 | Beta: 0,9 EDF SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.&amp;nbsp;RWE AG | Electric&#45;Integrated | Rdt: 12,9 | Beta: 1,0 RWE AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. RWE AG operates mainly in Europe.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Europe

Consommation de base&amp;nbsp;Colruyt SA | Food&#45;Retail | Rdt: 3,1 | Beta: 0,6 Colruyt SA retails goods and offers computer and printing services. The Company retails food and non&#45;food items through Colruyt supermarkets, and Coccinelle, UGA, and Codi Cash supermarkets and cash and carry stores. It retails toys, baby products, and school supplies through Dreamland stores. Colruyt markets computers and offers programming services.&amp;nbsp;Parmalat SpA | Food&#45;Dairy Products | Rdt: 2,5 | Beta: 0,6 Parmalat SpA produces milk, dairy, and other food products. The Company markets a wide range of products, including yogurt, cream, fruit juices, and desserts.&amp;nbsp;Delhaize Group SA | Food&#45;Retail | Rdt: 4,1 | Beta: 0,7 Delhaize Group operates supermarkets, drugstores, discount stores, and health and beauty shops throughout Belgium and abroad. The stores operate under the names Food Lion, MegaImage, AB Mega, Delvita, Tom &amp;amp; Company, SuperIndo, Le Lion, A.D. Delhaize, Superettes Delhaize, Di, Caddy&#45;Home, P.G., Alfa&#45;Beta, Super Discount Markets, Kash N&#8217; Karry, Hannaford, Shop N&#8217; Go, and Proxy Delhaize.&amp;nbsp;J Sainsbury PLC | Food&#45;Retail | Rdt: 5,9 | Beta: 0,8 J Sainsbury plc retails food. The Company operates Sainsbury supermarkets in the United Kingdom, convenience stores, an Internet&#45;based home delivery service, and Sainsbury Bank. The Bank offers saving accounts, credit cards, mortgages, insurance products, and consumer loans.Consommation discrétionnaireAutogrill SpA | Retail&#45;Restaurants | Rdt: 2,9 | Beta: 0,8 Autogrill S.p.A., an Italian multinational company, operates in various countries offering food and beverage and retail services for people on the move on key motorways, main rail and air hubs around the world. The Company conducts the majority of its business in North America and Italy where it obtained concessions, offering a wide portfolio of brands and food and beverage products.Services financiers&amp;nbsp;Basler Kantonalbank | Regional Banks&#45;Non US | Rdt: 2,5 | Beta: 0,4 Basler Kantonalbank is a Swiss regional bank. The Bank accepts deposits and offers mortgage and other loans, portfolio management, foreign currency trading, precious metals trading and other banking services. Basler Kantonalbank operates through a network of branches in the Canton of Basel.&amp;nbsp;Admiral Group PLC | Property/Casualty Ins | Rdt: 9,3 | Beta: 0,7 Admiral Group Plc principally sells private motor insurance, together with ancillary products, such as breakdown cover and cover for legal expenses. The Company markets directly to the public in the United Kingdom through its core brands, the Admiral brand, elephant.co.uk, Diamond, and Bell Direct.Industrie&amp;nbsp;  Capita PLC | Human Resources | Rdt: 3,5 | Beta: 0,6 Capita PLC provides an integrated range of services across the United Kingdom&#8217;s public and private sectors. The Company provides customer services, human resource services, software services, systems and strategic support, and property services.Aeroports de Paris | Airport Develop/Maint | Rdt: 2,7 | Beta: 0,8 Aeroports de Paris (ADP) manages all the civil airports in the Paris area. The Company also develops and operates light aircraft aerodromes. ADP offers air transport related services, and business services such as office rental.Services de télécommunication&amp;nbsp;Mobistar SA | Cellular Telecom | Rdt: 11,2 | Beta: 0,7 Mobistar SA offers mobile telephone services in Belgium through a GSM network, as well as fixed&#45;line services for international calls. The Company offers such services as pre&#45;paid calling cards, text messaging, mobile office access for business customers, and games.Services aux collectivités&amp;nbsp;Suez Environnement Co | Water | Rdt: 7,0 | Beta: 0,7 Suez Environnement Co. provides equipment and services for potable water supply. The Company also collects, treats, and distributes drinkable water. Suez Environnement also provides services for waste collection, recycling, recovery, treatment and disposal of urban and industrial waste.




	Petites capitalisations Europe

Consommation de base&amp;nbsp;Guyenne et Gascogne SA | Food&#45;Retail | Rdt: 5,9 | Beta: 0,5 Guyenne et Gascogne SA owns and operates hypermarkets and supermarkets throughout France and Spain under the names Carrefour and Squale. The Company owns some stores through joint ventures.&amp;nbsp;Grupa Zywiec SA | Brewery | Rdt: 9,8 | Beta: 0,5 Grupa Zywiec S.A. brews and distributes beer.&amp;nbsp;Bongrain SA | Food&#45;Dairy Products | Rdt: 3,3 | Beta: 0,6 Bongrain SA manufactures and distributes cheese and other dairy products throughout the world under the brand names Caprice des Dieux, Tartare, Alouette, and many others. The Company also produces gourmet food and provides catering services. It operates sales and production subsidiaries in Europe, the Americas, Asia, and Australia.Services financiersJeudan A/S | Real Estate Mgmnt/Servic | Rdt: 2,9 | Beta: 0,5 Jeudan A/S is a real estate investment company. The Company owns, acquires, sells, maintains, and manages rental properties. Jeudan focuses on larger commercial and residential buildings primarily located in and around Copenhagen.&amp;nbsp;Credit Agricole Sud Rhone Alpes | Regional Banks&#45;Non US | Rdt: 7,7 | Beta: 0,5 Credit Agricole Sud Rhone Alpes is a regional bank serving southeastern France. The Bank offers credit to businesses, individuals, professionals, agricultural cooperatives and the public sector.&amp;nbsp;Credit Agricole du Languedoc | Regional Banks&#45;Non US | Rdt: 7,8 | Beta: 0,5 Credit Agricole du Languedoc is a regional bank in Southwestern France. The Bank provides loans and financing to individuals and businesses through local branches.&amp;nbsp;Credit Agricole Alpes Provence | Regional Banks&#45;Non US | Rdt: 6,3 | Beta: 0,5 Credit Agricole Alpes Provence provides lending, depository and other financial services in the Alpes and Provence regions.&amp;nbsp;Credit Agricole Loire Haute&#45;Loire | Regional Banks&#45;Non US | Rdt: 6,8 | Beta: 0,6 Credit Agricole Loire Haute&#45;Loire is a regional bank belonging to the Credit Agricole Group. The Bank provides loans and financing to individuals and businesses through local branches in the Loire Region of France.Credit Agricole de Normandie Seine | Regional Banks&#45;Non US | Rdt: 8,3 | Beta: 0,6 Credit Agricole de Normandie&#45;Seine is a regional bank belonging to the Credit Agricole group. The Bank provides loans and financing to individuals and businesses.Santé&amp;nbsp;Recordati SpA | Medical&#45;Drugs | Rdt: 8,1 | Beta: 0,6 Recordati S.p.A. researches, manufactures, and markets prescription and non&#45;prescription pharmaceuticals and pharmaceutical chemicals. The Company&#8217;s pharmaceuticals include lercanidipine, a treatment for hypertension. Recordati is licensed to produce cardiovascular, gastroenterological, and central nervous system drugs. The Company sells its products throughout the world.Industrie&amp;nbsp;Stef | Transport&#45;Services | Rdt: 3,7 | Beta: 0,4 STEF is involved with the transportation and logistics of products that require controlled temperatures. The Company ships fresh and frozen foods such as meat and fish. The group also distributes pharmaceuticals.Technologie de l&#8217;information&amp;nbsp;  Fonciere Europe Logistique | REITS&#45;Warehouse/Industr | Rdt: 6,3 | Beta: 0,4 Fonciere Europe Logistique is a real estate investment company. The Company invests in warehouses. The Company opted for the SIIC legal status in 2007.Foncières cotées&amp;nbsp;SIIC de Paris SA | REITS&#45;Diversified | Rdt: 2,7 | Beta: 0,4 SIIC de PARIS is involved in the leasing and rental of office, commercial, industrial and warehouse properties in France and French overseas territories. The Company opted for the SIIC legal status in 2004.&amp;nbsp;  Fonciere des 6eme et 7eme Arro&#8230; | REITS&#45;Diversified | Rdt: 2,0 | Beta: 0,4 Fonciere des 6eme et 7eme Arrondissements de Paris buys, builds, sells, and maintains industrial, commercial, residential, and hotel properties. The Company opted for the SIIC legal status in 2007.&amp;nbsp;Fonciere Developpement Logements SA | REITS&#45;Apartments | Rdt: 6,5 | Beta: 0,4 Fonciere Developpement Logements is a Real Estate company which manages the residential portfolio of Fonciere Des Regions. The Company opted for the SIIC legal status in 2006.&amp;nbsp;Altarea | REITS&#45;Diversified | Rdt: 6,7 | Beta: 0,4 Altarea develops and manages shopping centers in France and Italy. The Company opted for the SIIC legal status in 2005.&amp;nbsp;Societe Fonciere Lyonnaise SA | REITS&#45;Diversified | Rdt: 6,2 | Beta: 0,5 Societe Fonciere Lyonnaise is a real estate investment and management company. The Company manages a portfolio of primarily office and retail properties in Paris&#8217; central business district. The Company opted for the SIIC legal status in 2003.&amp;nbsp;London &amp;amp; Stamford Property PLC | REITS&#45;Diversified | Rdt: 7,0 | Beta: 0,5 London &amp;amp; Stamford Property PLC is an investment company. The Company invests in commercial property, including office, retail and distribution real estate assets, principally in the UK and will also consider opportunities overseas.&amp;nbsp;  Wereldhave Belgium NV | REITS&#45;Diversified | Rdt: 6,0 | Beta: 0,6 Wereldhave Belgium owns and operates offices, shopping centres, industrial properties, and residential properties. Investments are located in various locations in Belgium. Wereldhave Belgium&#8217;s parent company is the Dutch group Wereldhave N.V., which has offices in The Hague, London, Madrid, New York, and Paris.&amp;nbsp;ANF Immobilier | REITS&#45;Diversified | Rdt: 5,6 | Beta: 0,6 ANF Immobilier is a real estate investment trust (societe dinvestissements immobiliers cotee). The Company owns a portfolio of commercial, office, and residential rental properties in Lyon and Marseille. ANF opted for the SIIC legal status in 2006




	Grandes capitalisations Amérique

Consommation de baseAucune action ne répond aux critères quantitatifs !Consommation discrétionnaire&amp;nbsp;Thomson Reuters Corp | Multimedia | Rdt: 4,2 | Beta: 0,6 Thomson Reuters Corporation is an electronic information and solutions company that serves the global business and professional marketplace. The Company provides proprietary online systems and CD&#45;ROM products in information sectors such as legal and regulatory, financial, scientific reference and healthcare, and corporate training.EnergieAucune action ne répond aux critères quantitatifs !Services financiersPower Financial Corp | Life/Health Insurance | Rdt: 5,2 | Beta: 0,8 Power Financial Corporation, through subsidiaries, is involved in insurance, international banking and investments, global asset management and investment counseling. In addition, the Company is involved in merchant banking in North America and Europe.SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;informationAucune action ne répond aux critères quantitatifs !Services de télécommunicationAucune action ne répond aux critères quantitatifs !Services aux collectivités&amp;nbsp;Exelon Corp | Electric&#45;Integrated | Rdt: 5,3 | Beta: 0,5 Exelon Corporation is a utility services holding company. The Company, through its subsidiaries distributes electricity to customers in Illinois and Pennsylvania. Exelon also distributes gas to customers in the Philadelphia area as well as operates nuclear power plants in states that include Pennsylvania and New Jersey.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Amérique

Consommation de baseGeorge Weston Ltd | Food&#45;Misc/Diversified | Rdt: 2,2 | Beta: 0,6 George Weston Limited processes and distributes food throughout North America to grocer wholesalers, warehouses, and independent accounts. The Company also processes and packages fish.Consommation discrétionnaireShaw Communications Inc | Cable/Satellite TV | Rdt: 4,6 | Beta: 0,6 Shaw Communications, Inc. provides broadband cable television, Internet, and satellite television services.Energie&amp;nbsp;Inergy LP | Retail&#45;Propane Distrib | Rdt: 12,5 | Beta: 0,5 Inergy, L.P. is an energy infrastructure and distribution company. Inergy operates a retail and wholesale propane supply, marketing and distribution business. The Company also operates a midstream business that includes a natural gas storage business, a liquefied petroleum gas storage business, a natural gas liquids business and a solution&#45;mining and salt production company.SantéSt Jude Medical Inc | Medical Instruments | Rdt: 2,2 | Beta: 0,7 St. Jude Medical, Inc. develops, manufactures, and distributes medical devices for the worldwide cardiovascular market. The Company serves patients and its health care customers with products and services including heart valves, cardiac rhythm management systems, specialty catheters, and other cardiovascular devices.Services de télécommunication&amp;nbsp;Frontier Communications Corp | Telephone&#45;Integrated | Rdt: 15,4 | Beta: 0,6 Frontier Communications Corporation provides communications services to rural areas and small and medium&#45;sized towns and cities. The Company offers a variety of voice, data, and Internet, and television services.Services aux collectivités&amp;nbsp;  TransAlta Corp | Electric&#45;Integrated | Rdt: 5,7 | Beta: 0,6 TransAlta Corporation is a non&#45;regulated electric generation and marketing company with its growth focused in developing coal and gas&#45;fired generation. The Company is currently focused on Australia, Canada, the United States, and Mexico.Foncières cotées&amp;nbsp;Chimera Investment Corp | REITS&#45;Mortgage | Rdt: 18,2 | Beta: 0,8 Chimera Investment Corporation is a specialty finance company. The Company invests in residential mortgage loans, residential mortgage&#45;backed securities, real estate&#45;related securities and various other asset classes.




	Petites capitalisations Amérique

SantéOwens &amp;amp; Minor Inc | Distribution/Wholesale | Rdt: 2,7 | Beta: 0,5 Owens &amp;amp; Minor, Inc. distributes medical/surgical supplies throughout the United States. The Company&#8217;s customers include hospitals, integrated healthcare systems, and group purchasing organizations. Owens &amp;amp; Minor also provides services in supply chain management, logistics, and technology.Industrie&amp;nbsp;Covanta Holding Corp | Non&#45;hazardous Waste Disp | Rdt: 2,2 | Beta: 0,5 Covanta Holding Corporation conducts operations in waste disposal, energy services, and specialty insurance. The Company also owns and operates waste&#45;to&#45;energy and power generation projects. Covanta&#8217;s waste&#45;to&#45;energy facilities convert municipal solid waste into renewable energy for communities primarily in the United States.Foncières cotées&amp;nbsp;Investors Real Estate Trust | REITS&#45;Diversified | Rdt: 8,2 | Beta: 0,4 Investors Real Estate Trust is a Real Estate Investment Trust (REIT), which is structured as an umbrella real estate investment trust (UPREIT). The company owns and operates residential, commercial, retail, and office properties. Investors Real Estate Trust also has investments in mortgages and contracts for deeds secured by real estate.




	Grandes capitalisations Asie/Pacifique

Consommation de baseAucune action ne répond aux critères quantitatifs !Consommation discrétionnaireAucune action ne répond aux critères quantitatifs !EnergieAucune action ne répond aux critères quantitatifs !Services financiersHang Seng Bank Ltd | Commer Banks Non&#45;US | Rdt: 5,2 | Beta: 0,7 Hang Seng Bank Limited and its subsidiaries provide banking and related financial services.Swire Pacific Ltd | Diversified Operations | Rdt: 8,4 | Beta: 0,9 Swire Pacific Limited, through its subsidiaries, operates in the real estate, aviation, beverage, industrial, marine services, trading, and industrial businesses.&amp;nbsp;HSBC Holdings PLC | Diversified Banking Inst | Rdt: 4,7 | Beta: 1,0 HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.&amp;nbsp;Oversea&#45;Chinese Banking Corp Ltd | Commer Banks Non&#45;US | Rdt: 3,6 | Beta: 1,0 Oversea&#45;Chinese Banking Corporation Limited offers a comprehensive range of financial services. The Company&#8217;s services include deposit&#45;taking, corporate, enterprise and personal lending, international trade financing, investment banking, private banking, treasury, stockbroking, insurance, credit cards, cash management, asset management and other financial and related services.Hang Lung Properties Ltd | Real Estate Oper/Develop | Rdt: 2,7 | Beta: 1,0 Hang Lung Properties Limited, through its subsidiaries, invests in, develops, and manages properties. The Company also manages parking lots.Santé&amp;nbsp;Takeda Pharmaceutical Co Ltd | Medical&#45;Drugs | Rdt: 5,5 | Beta: 0,6 Takeda Pharmaceutical Company Limited mainly manufactures and sells pharmaceuticals, food supplements, and chemical products like polyurethane. The Company also produces food, agrochemicals, and environment&#45;related products such as pollution detectors. Takeda Pharmaceutical researches, develops, and promotes the products through its related companies in the US, Europe, and Asia.&amp;nbsp;  Daiichi Sankyo Co Ltd | Medical&#45;Drugs | Rdt: 4,2 | Beta: 0,8 DAIICHI SANKYO COMPANY, LIMITED is a holding company established through merger of Sankyo and Daiichi pharmaceutical. The Group manufactures pharmaceuticals for human/veterinary use and medical tools and equipment. It also researches and promotes products through related companies throughout the world. The Group also produces food, food additives, livestock feeds, and agrochemicals.IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Nintendo Co Ltd | Toys | Rdt: 2,9 | Beta: 0,9 Nintendo Co., Ltd. globally develops, manufactures and sells home&#45;use video game hardware and software in home entertainment business. The company also produces home&#45;game products including cards.&amp;nbsp;Canon Inc | Office Automation&amp;amp;Equip | Rdt: 3,5 | Beta: 1,0 CANON INC. is a professional and consumer imaging solutions company and patent&#45;holder of digital imaging technologies. The Company&#8217;s products include networked multifunction devices, digital and analog copiers, computer peripherals, facsimile machines, image filing systems, camcorders, cameras and lenses, semiconductor, and broadcast and medical equipment.Services de télécommunication&amp;nbsp;China Telecom Corp Ltd | Telecom Services | Rdt: 2,0 | Beta: 0,7 China Telecom Corporation Limited, through its subsidiaries, provides wireline telephone, data, and Internet, as well as leased line services in China.&amp;nbsp;KDDI Corp | Telephone&#45;Integrated | Rdt: 3,1 | Beta: 0,8 KDDI CORPORATION provides mobile communication services and sells mobile devices. The Company also is a broadband provider.Services aux collectivités&amp;nbsp;  CLP Holdings Ltd | Electric&#45;Integrated | Rdt: 4,0 | Beta: 0,4 CLP Holdings Limited, through its subsidiaries, generates and supplies electricity. The Company also develops and invests in power projects and invests in properties.&amp;nbsp;Kansai Electric Power Co Inc/The | Electric&#45;Integrated | Rdt: 4,7 | Beta: 0,5 The Kansai Electric Power Company, Incorporated generates electricity from hydroelectric, thermal, geothermal, and nuclear power sources. The Company distributes electricity to Osaka and the surrounding Kansai area. Kansai Electric also constructs and maintains electrical power facilities.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Asie/Pacifique

IndustrieSingapore Technologies Enginee&#8230; | Engineering/R&amp;amp;D Services | Rdt: 5,1 | Beta: 0,8 Singapore Technologies Engineering Limited specializes in aerospace, electronics, land defense systems, and marine capabilities for defense and commercial enterprises. The Company provides integrated aerospace, engineering, and maintenance services for military and commercial aircraft.&amp;nbsp;SIA Engineering Co Ltd | Commercial Services | Rdt: 9,0 | Beta: 0,8 SIA Engineering Company provides airframe and component overhaul services, line maintenance and technical ground handling services. The Company also manufactures aircraft cabin equipment, refurbishes aircraft galleys, repairs and overhauls hydromechanical aircraft equipment.




	Petites capitalisations Asie/Pacifique

Consommation discrétionnaire&amp;nbsp;  Cafe de Coral Holdings Ltd | Retail&#45;Restaurants | Rdt: 5,0 | Beta: 0,5 Cafe De Coral Holdings Limited, through its subsidiaries, operates quick service restaurants, fast casual dining, institutional catering and specialty restaurant chains, and food manufacturing business.Services financiers&amp;nbsp;BT Investment Management Ltd | Invest Mgmnt/Advis Serv | Rdt: 12,4 | Beta: 0,4 BT Investment Management Ltd. manages funds on behalf of retail and institutional clients and other intermediaries. The Company invests funds in a range of asset classes including equities, fixed income, cash, and alternatives.Industrie&amp;nbsp;Singapore Post Ltd | Transport&#45;Services | Rdt: 6,5 | Beta: 0,5 Singapore Post Limited provides domestic and international postal services. The Company is also involved in logistic business and has a retail distribution network in Singapore.&amp;nbsp;  SMRT Corp Ltd | Transport&#45;Services | Rdt: 4,9 | Beta: 0,6 SMRT Corporation Limited operates the Mass Rapid Transit (MRT) system and LRT (Light Rail Transit) system in Singapore. The Company also provides bus, taxi, charter hire services, and consultancy and project management services. SMRT Corporation rents taxis and leases commercial space, kiosks and advertising panels at the MRT and LRT stations as well as in train, buses, and taxis.Foncières cotéesCapitaRetail China Trust | REITS&#45;Regional Malls | Rdt: 7,4 | Beta: 0,6 CapitaRetail China Trust is a shopping mall real estate investment trust. The Company was established with the objective of investing on a long&#45;term basis in a diversified portfolio of income&#45;producing real estate used primarily for retail purposes and located in China.</description>
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	            <title>Achat actions : opportunités au 14/01/2012</title>
	            <description>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de Bloomberg et Yahoo, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.

	Rappelez&#45;vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. L&#8217;investisseur heureux préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.

	Grandes capitalisations Europe

Consommation de base&amp;nbsp;  TESCO PLC | Food&#45;Retail | Rdt: 5,2 | Beta: 0,7 Tesco plc is a food retailer. The Group operates stores in the United Kingdom, Republic of Ireland, Czech Republic, Hungary, Poland, Slovakia, Turkey, Japan, Malaysia, South Korea, China, Thailand, and the United States.&amp;nbsp;Carrefour SA | Food&#45;Retail | Rdt: 6,4 | Beta: 1,0 Carrefour SA operates chains of supermarkets, hypermarkets, discount, cash and carry, and frozen food stores in Europe, the Americas, and Asia.Consommation discrétionnaire&amp;nbsp;  Vivendi SA | Telecom Services | Rdt: 8,8 | Beta: 0,9 Vivendi, through its subsidiaries, conducts operations ranging from music, games and television to film and telecommunications. The Company provides digital and pay television services, sells music compact discs (CDs), develops and distributes interactive entertainment, and operates mobile and fixed&#45;line telecommunications.EnergieAucune action ne répond aux critères quantitatifs !Services financiers&amp;nbsp;HSBC Holdings PLC | Diversified Banking Inst | Rdt: 5,3 | Beta: 1,0 HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.Assicurazioni Generali SpA | Multi&#45;line Insurance | Rdt: 3,7 | Beta: 1,0 Assicurazioni Generali S.p.A. offers life and non&#45;life insurance and reinsurance throughout the world. The Company offers life, health, accident, automobile, marine, aviation, transport, fire, general liability, and credit insurance and reinsurance.SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Telefonaktiebolaget LM Ericsson | Wireless Equipment | Rdt: 3,3 | Beta: 0,9 Telefonaktiebolaget LM Ericsson develops and manufactures products for wired and mobile communications in public and private networks. The Company produces mobile telephones through its Sony Ericsson joint venture. Ericsson manufactures and installs wired and wireless communications systems, wireless microwave links, call center equipment, microelectronics, and radar systems.&amp;nbsp;Nokia OYJ | Wireless Equipment | Rdt: 9,8 | Beta: 1,0 Nokia Oyj is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks.Services de télécommunication&amp;nbsp;Koninklijke KPN NV | Telephone&#45;Integrated | Rdt: 9,5 | Beta: 0,7 Koninklijke (Royal) KPN NV provides telecommunications services throughout the Netherlands. The Company provides local, long distance, international, and mobile telecommunications services, voice&#45;mail, call forwarding, ISDN Internet lines, faxing, and communications services for businesses and individuals. KPN offers mobile telecommunications through E&#45;Plus in Germany and BASE in Belgium.&amp;nbsp;France Telecom SA | Telephone&#45;Integrated | Rdt: 12,0 | Beta: 0,8 France Telecom SA provides telecommunications services to residential, professional, and large business customers. The Company offers public fixed&#45;line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services, and telecommunications equipment sales and rentals.&amp;nbsp;Telefonica SA | Telephone&#45;Integrated | Rdt: 11,3 | Beta: 0,8 Telefonica S.A. provides telecommunications services mainly to countries in Europe and Latin America. The Company offers fixed&#45;line and mobile telephone, Internet, and data transmission services to residential and corporate customers.Telecom Italia SpA | Telephone&#45;Integrated | Rdt: 6,7 | Beta: 0,9 Telecom Italia S.p.A., through subsidiaries, offers fixed line and mobile telephone and data transmission services in Italy and abroad. The Company offers local and long&#45;distance telephone, satellite communications, Internet access, and teleconferencing services.Services aux collectivités&amp;nbsp;Snam Rete Gas SpA | Gas&#45;Transportation | Rdt: 7,1 | Beta: 0,6 Snam S.p.A. owns and operates Italy&#8217;s natural&#45;gas distribution network. The Company transports gas on behalf of importers, distributors, and companies supplying Italian households. Snam owns a network of high&#45;and medium&#45;pressure pipes, including trunk lines connected to production and importation sites in Italy.&amp;nbsp;Centrica PLC | Gas&#45;Distribution | Rdt: 5,8 | Beta: 0,7 Centrica PLC is an integrated energy company offering a wide range of home and business energy solutions. The Company sources, generates, processes, stores, trades, saves and supplies energy and provides a range of related services.&amp;nbsp;Fortum OYJ | Electric&#45;Integrated | Rdt: 6,3 | Beta: 0,8 Fortum Oyj provides a full range of energy related products and services. The Company&#8217;s activities cover the generation, distribution, and sale of electricity and heat and steam, as well as the operation of power plants, and energy&#45;related services. Fortum operates worldwide but mainly in Northern Europe.&amp;nbsp;Endesa SA | Electric&#45;Integrated | Rdt: 3,3 | Beta: 0,8 Endesa, S.A. generates, distributes, and trades electricity in Spain, Italy, France, Portugal, North Africa, and Latin America. The Company distributes natural gas, operates co&#45;generation plants, and treats and distributes water.&amp;nbsp;EDF SA | Electric&#45;Integrated | Rdt: 6,4 | Beta: 0,9 EDF SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.&amp;nbsp;Enel SpA | Electric&#45;Integrated | Rdt: 9,0 | Beta: 0,9 Enel S.p.A. generates, transmits, distributes, and trades electricity. The Company operates hydroelectric, geothermal, and other generating plants. Enel, through subsidiaries, also provides fixed&#45;line and mobile telephone services, installs public lighting systems, and operates real estate, factoring, insurance, telecommunications, and Internet service provider businesses.&amp;nbsp;RWE AG | Electric&#45;Integrated | Rdt: 12,4 | Beta: 1,0 RWE AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. RWE AG operates mainly in Europe.Foncières cotéesUnibail&#45;Rodamco SE | REITS&#45;Diversified | Rdt: 5,8 | Beta: 0,9 Unibail&#45;Rodamco leases and rents building space, finances real estate investments, and renovates real estate for sale. The Company&#8217;s properties, mainly shopping centers, office buildings, and convention&#45;exhibition centers, are primarily located in city centers or near major access routes. The Company opted for the SIIC legal status in 2003.




	Moyennes capitalisations Europe

Consommation de base&amp;nbsp;Colruyt SA | Food&#45;Retail | Rdt: 3,2 | Beta: 0,6 Colruyt SA retails goods and offers computer and printing services. The Company retails food and non&#45;food items through Colruyt supermarkets, and Coccinelle, UGA, and Codi Cash supermarkets and cash and carry stores. It retails toys, baby products, and school supplies through Dreamland stores. Colruyt markets computers and offers programming services.&amp;nbsp;Parmalat SpA | Food&#45;Dairy Products | Rdt: 2,6 | Beta: 0,6 Parmalat SpA produces milk, dairy, and other food products. The Company markets a wide range of products, including yogurt, cream, fruit juices, and desserts.&amp;nbsp;Delhaize Group SA | Food&#45;Retail | Rdt: 4,1 | Beta: 0,8 Delhaize Group operates supermarkets, drugstores, discount stores, and health and beauty shops throughout Belgium and abroad. The stores operate under the names Food Lion, MegaImage, AB Mega, Delvita, Tom &amp;amp; Company, SuperIndo, Le Lion, A.D. Delhaize, Superettes Delhaize, Di, Caddy&#45;Home, P.G., Alfa&#45;Beta, Super Discount Markets, Kash N&#8217; Karry, Hannaford, Shop N&#8217; Go, and Proxy Delhaize.&amp;nbsp;  J Sainsbury PLC | Food&#45;Retail | Rdt: 5,9 | Beta: 0,8 J Sainsbury plc retails food. The Company operates Sainsbury supermarkets in the United Kingdom, convenience stores, an Internet&#45;based home delivery service, and Sainsbury Bank. The Bank offers saving accounts, credit cards, mortgages, insurance products, and consumer loans.Consommation discrétionnaire&amp;nbsp;  Autogrill SpA | Retail&#45;Restaurants | Rdt: 3,0 | Beta: 0,8 Autogrill S.p.A., an Italian multinational company, operates in various countries offering food and beverage and retail services for people on the move on key motorways, main rail and air hubs around the world. The Company conducts the majority of its business in North America and Italy where it obtained concessions, offering a wide portfolio of brands and food and beverage products.SEB SA | Appliances | Rdt: 2,0 | Beta: 0,8 SEB SA manufactures small household appliances. The Company produces cookware, electric cookers, food and beverage preparation equipment, vacuum cleaners, and personal care items. SEB&#8217;s brand names include Tefal/T&#45;Fal, Rowenta, Calor, Arno, SEB, Moulinex, Krups and Samurai, and are sold in Europe, the Americas, India, Egypt, Australia, New Zealand, Thailand, Korea, and elsewhere in Asia.Services financiers&amp;nbsp;Basler Kantonalbank | Regional Banks&#45;Non US | Rdt: 2,5 | Beta: 0,4 Basler Kantonalbank is a Swiss regional bank. The Bank accepts deposits and offers mortgage and other loans, portfolio management, foreign currency trading, precious metals trading and other banking services. Basler Kantonalbank operates through a network of branches in the Canton of Basel.&amp;nbsp;Admiral Group PLC | Property/Casualty Ins | Rdt: 9,4 | Beta: 0,7 Admiral Group Plc principally sells private motor insurance, together with ancillary products, such as breakdown cover and cover for legal expenses. The Company markets directly to the public in the United Kingdom through its core brands, the Admiral brand, elephant.co.uk, Diamond, and Bell Direct.IndustrieCapita PLC | Human Resources | Rdt: 3,5 | Beta: 0,6 Capita PLC provides an integrated range of services across the United Kingdom&#8217;s public and private sectors. The Company provides customer services, human resource services, software services, systems and strategic support, and property services.Thales SA | Aerospace/Defense | Rdt: 3,0 | Beta: 0,7 Thales SA manufactures aerospace systems and industrial electronics products. The Company manufactures radar and countermeasure systems, optronics and electron tubes, communications, navigation, and identification systems, air traffic management systems, computer hardware and software, missile defense systems, and semiconductors. Thales serves the civilian and military markets.&amp;nbsp;Aeroports de Paris | Airport Develop/Maint | Rdt: 2,8 | Beta: 0,8 Aeroports de Paris (ADP) manages all the civil airports in the Paris area. The Company also develops and operates light aircraft aerodromes. ADP offers air transport related services, and business services such as office rental.Services de télécommunication&amp;nbsp;Mobistar SA | Cellular Telecom | Rdt: 10,7 | Beta: 0,7 Mobistar SA offers mobile telephone services in Belgium through a GSM network, as well as fixed&#45;line services for international calls. The Company offers such services as pre&#45;paid calling cards, text messaging, mobile office access for business customers, and games.Services aux collectivités&amp;nbsp;Suez Environnement Co | Water | Rdt: 7,3 | Beta: 0,7 Suez Environnement Co. provides equipment and services for potable water supply. The Company also collects, treats, and distributes drinkable water. Suez Environnement also provides services for waste collection, recycling, recovery, treatment and disposal of urban and industrial waste.Verbund AG | Electric&#45;Integrated | Rdt: 2,7 | Beta: 0,8 Verbund AG generates and distributes electricity. The Company operates local hydro and thermal power stations. Verbund also operates wind farms in Bruck an der Leitha, Hollern and Petronell&#45;Carnuntum.Foncières cotéesMercialys SA | REITS&#45;Diversified | Rdt: 5,1 | Beta: 0,7 Mercialys operates the strategic retail property business of Casino GuichardPerrachon SA, or Groupe Casino. The Company manages a large portfolio of shopping centers and restaurants adjacent to the Group&#8217;s own stores. Mercialys opted for the SIIC legal status in 2005.




	Petites capitalisations Europe

Consommation de base&amp;nbsp;Guyenne et Gascogne SA | Food&#45;Retail | Rdt: 5,9 | Beta: 0,5 Guyenne et Gascogne SA owns and operates hypermarkets and supermarkets throughout France and Spain under the names Carrefour and Squale. The Company owns some stores through joint ventures.&amp;nbsp;Grupa Zywiec SA | Brewery | Rdt: 10,2 | Beta: 0,5 Grupa Zywiec S.A. brews and distributes beer.&amp;nbsp;Bongrain SA | Food&#45;Dairy Products | Rdt: 3,3 | Beta: 0,6 Bongrain SA manufactures and distributes cheese and other dairy products throughout the world under the brand names Caprice des Dieux, Tartare, Alouette, and many others. The Company also produces gourmet food and provides catering services. It operates sales and production subsidiaries in Europe, the Americas, Asia, and Australia.Vilmorin &amp;amp; Cie | Agricultural Biotech | Rdt: 2,0 | Beta: 0,6 Vilmorin &amp;amp; Cie researches, produces, and markets vegetable and flower seeds. The Company sells seeds, flower bulbs, young plants, and pet products to amateur gardeners, horticulturists, and vegetable growers.Services financiers&amp;nbsp;Jeudan A/S | Real Estate Mgmnt/Servic | Rdt: 2,9 | Beta: 0,5 Jeudan A/S is a real estate investment company. The Company owns, acquires, sells, maintains, and manages rental properties. Jeudan focuses on larger commercial and residential buildings primarily located in and around Copenhagen.&amp;nbsp;Credit Agricole Sud Rhone Alpes | Regional Banks&#45;Non US | Rdt: 7,7 | Beta: 0,5 Credit Agricole Sud Rhone Alpes is a regional bank serving southeastern France. The Bank offers credit to businesses, individuals, professionals, agricultural cooperatives and the public sector.&amp;nbsp;Credit Agricole du Languedoc | Regional Banks&#45;Non US | Rdt: 7,9 | Beta: 0,5 Credit Agricole du Languedoc is a regional bank in Southwestern France. The Bank provides loans and financing to individuals and businesses through local branches.&amp;nbsp;Credit Agricole Alpes Provence | Regional Banks&#45;Non US | Rdt: 6,2 | Beta: 0,5 Credit Agricole Alpes Provence provides lending, depository and other financial services in the Alpes and Provence regions.&amp;nbsp;  Credit Agricole Loire Haute&#45;Loire | Regional Banks&#45;Non US | Rdt: 6,7 | Beta: 0,6 Credit Agricole Loire Haute&#45;Loire is a regional bank belonging to the Credit Agricole Group. The Bank provides loans and financing to individuals and businesses through local branches in the Loire Region of France.&amp;nbsp;Credit Agricole de Normandie Seine | Regional Banks&#45;Non US | Rdt: 8,4 | Beta: 0,6 Credit Agricole de Normandie&#45;Seine is a regional bank belonging to the Credit Agricole group. The Bank provides loans and financing to individuals and businesses.Santé&amp;nbsp;Recordati SpA | Medical&#45;Drugs | Rdt: 8,5 | Beta: 0,6 Recordati S.p.A. researches, manufactures, and markets prescription and non&#45;prescription pharmaceuticals and pharmaceutical chemicals. The Company&#8217;s pharmaceuticals include lercanidipine, a treatment for hypertension. Recordati is licensed to produce cardiovascular, gastroenterological, and central nervous system drugs. The Company sells its products throughout the world.Industrie&amp;nbsp;Stef | Transport&#45;Services | Rdt: 3,7 | Beta: 0,4 STEF is involved with the transportation and logistics of products that require controlled temperatures. The Company ships fresh and frozen foods such as meat and fish. The group also distributes pharmaceuticals.Technologie de l&#8217;informationFonciere Europe Logistique | REITS&#45;Warehouse/Industr | Rdt: 6,5 | Beta: 0,4 Fonciere Europe Logistique is a real estate investment company. The Company invests in warehouses. The Company opted for the SIIC legal status in 2007.Foncières cotées&amp;nbsp;SIIC de Paris SA | REITS&#45;Diversified | Rdt: 2,7 | Beta: 0,4 SIIC de PARIS is involved in the leasing and rental of office, commercial, industrial and warehouse properties in France and French overseas territories. The Company opted for the SIIC legal status in 2004.&amp;nbsp;Fonciere Developpement Logements SA | REITS&#45;Apartments | Rdt: 6,4 | Beta: 0,4 Fonciere Developpement Logements is a Real Estate company which manages the residential portfolio of Fonciere Des Regions. The Company opted for the SIIC legal status in 2006.&amp;nbsp;Altarea | REITS&#45;Diversified | Rdt: 6,8 | Beta: 0,4 Altarea develops and manages shopping centers in France and Italy. The Company opted for the SIIC legal status in 2005.&amp;nbsp;Societe Fonciere Lyonnaise SA | REITS&#45;Diversified | Rdt: 6,2 | Beta: 0,5 Societe Fonciere Lyonnaise is a real estate investment and management company. The Company manages a portfolio of primarily office and retail properties in Paris&#8217; central business district. The Company opted for the SIIC legal status in 2003.&amp;nbsp;London &amp;amp; Stamford Property PLC | REITS&#45;Diversified | Rdt: 7,1 | Beta: 0,5 London &amp;amp; Stamford Property PLC is an investment company. The Company invests in commercial property, including office, retail and distribution real estate assets, principally in the UK and will also consider opportunities overseas.&amp;nbsp;ANF Immobilier | REITS&#45;Diversified | Rdt: 5,6 | Beta: 0,6 ANF Immobilier is a real estate investment trust (societe dinvestissements immobiliers cotee). The Company owns a portfolio of commercial, office, and residential rental properties in Lyon and Marseille. ANF opted for the SIIC legal status in 2006




	Grandes capitalisations Amérique

Consommation de baseAucune action ne répond aux critères quantitatifs !Consommation discrétionnaire&amp;nbsp;Thomson Reuters Corp | Multimedia | Rdt: 4,3 | Beta: 0,6 Thomson Reuters Corporation is an electronic information and solutions company that serves the global business and professional marketplace. The Company provides proprietary online systems and CD&#45;ROM products in information sectors such as legal and regulatory, financial, scientific reference and healthcare, and corporate training.EnergieAucune action ne répond aux critères quantitatifs !Services financiers&amp;nbsp;Power Financial Corp | Life/Health Insurance | Rdt: 5,5 | Beta: 0,8 Power Financial Corporation, through subsidiaries, is involved in insurance, international banking and investments, global asset management and investment counseling. In addition, the Company is involved in merchant banking in North America and Europe.SantéBaxter International Inc | Medical Products | Rdt: 2,4 | Beta: 0,5 Baxter International Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. The Company&#8217;s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors&#8217; offices, and research laboratories.Becton Dickinson and Co | Medical Products | Rdt: 2,2 | Beta: 0,6 Becton, Dickinson and Company is a global medical technology company engaged principally in the development, manufacture and sale of medical devices, instrument systems and reagents used by healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public.IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;informationAucune action ne répond aux critères quantitatifs !Services de télécommunicationAucune action ne répond aux critères quantitatifs !Services aux collectivités&amp;nbsp;  Exelon Corp | Electric&#45;Integrated | Rdt: 5,3 | Beta: 0,5 Exelon Corporation is a utility services holding company. The Company, through its subsidiaries distributes electricity to customers in Illinois and Pennsylvania. Exelon also distributes gas to customers in the Philadelphia area as well as operates nuclear power plants in states that include Pennsylvania and New Jersey.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Amérique

Consommation de base&amp;nbsp;  George Weston Ltd | Food&#45;Misc/Diversified | Rdt: 14,1 | Beta: 0,6 George Weston Limited processes and distributes food throughout North America to grocer wholesalers, warehouses, and independent accounts. The Company also processes and packages fish.Consommation discrétionnaire&amp;nbsp;  Shaw Communications Inc | Cable/Satellite TV | Rdt: 4,6 | Beta: 0,6 Shaw Communications, Inc. provides broadband cable television, Internet, and satellite television services.Energie&amp;nbsp;Inergy LP | Retail&#45;Propane Distrib | Rdt: 12,1 | Beta: 0,5 Inergy, L.P. is an energy infrastructure and distribution company. Inergy operates a retail and wholesale propane supply, marketing and distribution business. The Company also operates a midstream business that includes a natural gas storage business, a liquefied petroleum gas storage business, a natural gas liquids business and a solution&#45;mining and salt production company.Santé&amp;nbsp;St Jude Medical Inc | Medical Instruments | Rdt: 2,3 | Beta: 0,7 St. Jude Medical, Inc. develops, manufactures, and distributes medical devices for the worldwide cardiovascular market. The Company serves patients and its health care customers with products and services including heart valves, cardiac rhythm management systems, specialty catheters, and other cardiovascular devices.Technologie de l&#8217;informationHarris Corp | Telecommunication Equip | Rdt: 2,8 | Beta: 0,7 Harris Corporation is an international communications equipment company focused on product, system, and service solutions. The Company provides a range of mission critical communications products, systems and services for global markets, including defense communications and electronics, government communications, broadcast communications and wireless transmission network solutions.Services de télécommunication&amp;nbsp;Frontier Communications Corp | Telephone&#45;Integrated | Rdt: 14,7 | Beta: 0,6 Frontier Communications Corporation provides communications services to rural areas and small and medium&#45;sized towns and cities. The Company offers a variety of voice, data, and Internet, and television services.Foncières cotées&amp;nbsp;Chimera Investment Corp | REITS&#45;Mortgage | Rdt: 18,6 | Beta: 0,8 Chimera Investment Corporation is a specialty finance company. The Company invests in residential mortgage loans, residential mortgage&#45;backed securities, real estate&#45;related securities and various other asset classes.




	Petites capitalisations Amérique

Santé&amp;nbsp;Owens &amp;amp; Minor Inc | Distribution/Wholesale | Rdt: 2,9 | Beta: 0,5 Owens &amp;amp; Minor, Inc. distributes medical/surgical supplies throughout the United States. The Company&#8217;s customers include hospitals, integrated healthcare systems, and group purchasing organizations. Owens &amp;amp; Minor also provides services in supply chain management, logistics, and technology.Industrie&amp;nbsp;Covanta Holding Corp | Non&#45;hazardous Waste Disp | Rdt: 2,1 | Beta: 0,5 Covanta Holding Corporation conducts operations in waste disposal, energy services, and specialty insurance. The Company also owns and operates waste&#45;to&#45;energy and power generation projects. Covanta&#8217;s waste&#45;to&#45;energy facilities convert municipal solid waste into renewable energy for communities primarily in the United States.Foncières cotéesMFA Financial Inc | REITS&#45;Mortgage | Rdt: 14,5 | Beta: 0,2 MFA Financial, Inc. is a mortgage real estate investment trust that invests primarily in hybrid and adjustable rate mortgage securities issued or guaranteed by an agency of the United States&#8217; government.&amp;nbsp;Investors Real Estate Trust | REITS&#45;Diversified | Rdt: 8,2 | Beta: 0,4 Investors Real Estate Trust is a Real Estate Investment Trust (REIT), which is structured as an umbrella real estate investment trust (UPREIT). The company owns and operates residential, commercial, retail, and office properties. Investors Real Estate Trust also has investments in mortgages and contracts for deeds secured by real estate.




	Grandes capitalisations Asie/Pacifique

Consommation de baseAucune action ne répond aux critères quantitatifs !Consommation discrétionnaireAucune action ne répond aux critères quantitatifs !EnergieOrigin Energy Ltd | Electric&#45;Integrated | Rdt: 5,2 | Beta: 0,9 Origin Energy Limited is an integrated energy company. The Company focuses on gas and oil exploration and production, electricity and renewable power generation and energy retailing. Origin also invests in renewable energy technologies, including geothermal, wind, hydro and solar.Services financiers&amp;nbsp;Hang Seng Bank Ltd | Commer Banks Non&#45;US | Rdt: 5,6 | Beta: 0,7 Hang Seng Bank Limited and its subsidiaries provide banking and related financial services.&amp;nbsp;Swire Pacific Ltd | Diversified Operations | Rdt: 8,5 | Beta: 0,9 Swire Pacific Limited, through its subsidiaries, operates in the real estate, aviation, beverage, industrial, marine services, trading, and industrial businesses.United Overseas Bank Ltd | Commer Banks Non&#45;US | Rdt: 4,3 | Beta: 0,9 United Overseas Bank Limited offers a full range of commercial banking and financial services. The Company offers private banking, trust services, venture capital investment, merchant banking, brokerage services, insurance, fund management, derivatives trading, precious metal trading, factoring, hire purchase, and life insurance.DBS Group Holdings Ltd | Commer Banks Non&#45;US | Rdt: 4,3 | Beta: 1,0 DBS Group Holdings Limited and its subsidiaries provide a variety of financial services. The Company&#8217;s services include mortgage financing, lease and hire purchase financing, nominee and trustee, funds management, corporate advisory and brokerage . DBS Group also acts as the primary dealer in Singapore government securities.&amp;nbsp;HSBC Holdings PLC | Diversified Banking Inst | Rdt: 5,1 | Beta: 1,0 HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.&amp;nbsp;Oversea&#45;Chinese Banking Corp Ltd | Commer Banks Non&#45;US | Rdt: 3,7 | Beta: 1,0 Oversea&#45;Chinese Banking Corporation Limited offers a comprehensive range of financial services. The Company&#8217;s services include deposit&#45;taking, corporate, enterprise and personal lending, international trade financing, investment banking, private banking, treasury, stockbroking, insurance, credit cards, cash management, asset management and other financial and related services.&amp;nbsp;Hang Lung Properties Ltd | Real Estate Oper/Develop | Rdt: 2,9 | Beta: 1,0 Hang Lung Properties Limited, through its subsidiaries, invests in, develops, and manages properties. The Company also manages parking lots.Santé&amp;nbsp;  Takeda Pharmaceutical Co Ltd | Medical&#45;Drugs | Rdt: 5,6 | Beta: 0,6 Takeda Pharmaceutical Company Limited mainly manufactures and sells pharmaceuticals, food supplements, and chemical products like polyurethane. The Company also produces food, agrochemicals, and environment&#45;related products such as pollution detectors. Takeda Pharmaceutical researches, develops, and promotes the products through its related companies in the US, Europe, and Asia.IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Nintendo Co Ltd | Toys | Rdt: 3,0 | Beta: 0,9 Nintendo Co., Ltd. globally develops, manufactures and sells home&#45;use video game hardware and software in home entertainment business. The company also produces home&#45;game products including cards.&amp;nbsp;Canon Inc | Office Automation&amp;amp;Equip | Rdt: 3,6 | Beta: 1,0 CANON INC. is a professional and consumer imaging solutions company and patent&#45;holder of digital imaging technologies. The Company&#8217;s products include networked multifunction devices, digital and analog copiers, computer peripherals, facsimile machines, image filing systems, camcorders, cameras and lenses, semiconductor, and broadcast and medical equipment.Kyocera Corp | Electronic Compo&#45;Misc | Rdt: 2,1 | Beta: 1,0 KYOCERA CORPORATION manufacturers electronic equipment and components. The Company&#8217;s products include telecommunication equipment, information equipment, optical equipment, ceramic products, semiconductor parts, chips, hybrid integrated circuits, thermal printheads, image sensors, liquid crystal displays, and connectors. Kyocera operates worldwide.Services de télécommunication&amp;nbsp;  China Telecom Corp Ltd | Telecom Services | Rdt: 2,0 | Beta: 0,7 China Telecom Corporation Limited, through its subsidiaries, provides wireline telephone, data, and Internet, as well as leased line services in China.&amp;nbsp;KDDI Corp | Telephone&#45;Integrated | Rdt: 3,0 | Beta: 0,8 KDDI CORPORATION provides mobile communication services and sells mobile devices. The Company also is a broadband provider.Services aux collectivités&amp;nbsp;Kansai Electric Power Co Inc/The | Electric&#45;Integrated | Rdt: 4,9 | Beta: 0,5 The Kansai Electric Power Company, Incorporated generates electricity from hydroelectric, thermal, geothermal, and nuclear power sources. The Company distributes electricity to Osaka and the surrounding Kansai area. Kansai Electric also constructs and maintains electrical power facilities.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Asie/Pacifique

Industrie&amp;nbsp;Singapore Technologies Enginee&#8230; | Engineering/R&amp;amp;D Services | Rdt: 5,3 | Beta: 0,7 Singapore Technologies Engineering Limited specializes in aerospace, electronics, land defense systems, and marine capabilities for defense and commercial enterprises. The Company provides integrated aerospace, engineering, and maintenance services for military and commercial aircraft.&amp;nbsp;SIA Engineering Co Ltd | Commercial Services | Rdt: 8,9 | Beta: 0,8 SIA Engineering Company provides airframe and component overhaul services, line maintenance and technical ground handling services. The Company also manufactures aircraft cabin equipment, refurbishes aircraft galleys, repairs and overhauls hydromechanical aircraft equipment.




	Petites capitalisations Asie/Pacifique

Services financiers&amp;nbsp;BT Investment Management Ltd | Invest Mgmnt/Advis Serv | Rdt: 12,6 | Beta: 0,4 BT Investment Management Ltd. manages funds on behalf of retail and institutional clients and other intermediaries. The Company invests funds in a range of asset classes including equities, fixed income, cash, and alternatives.Industrie&amp;nbsp;Singapore Post Ltd | Transport&#45;Services | Rdt: 6,6 | Beta: 0,5 Singapore Post Limited provides domestic and international postal services. The Company is also involved in logistic business and has a retail distribution network in Singapore.Foncières cotées&amp;nbsp;  CapitaRetail China Trust | REITS&#45;Regional Malls | Rdt: 7,3 | Beta: 0,6 CapitaRetail China Trust is a shopping mall real estate investment trust. The Company was established with the objective of investing on a long&#45;term basis in a diversified portfolio of income&#45;producing real estate used primarily for retail purposes and located in China.</description>
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	            <title>Achat actions : opportunités au 08/01/2012</title>
	            <description>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de Bloomberg et Yahoo, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.

	Rappelez&#45;vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. L&#8217;investisseur heureux préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.

	Grandes capitalisations Europe

Consommation de base&amp;nbsp;Carrefour SA | Food&#45;Retail | Rdt: 6,5 | Beta: 1,0 Carrefour SA operates chains of supermarkets, hypermarkets, discount, cash and carry, and frozen food stores in Europe, the Americas, and Asia.Consommation discrétionnaireAucune action ne répond aux critères quantitatifs !EnergieAucune action ne répond aux critères quantitatifs !Services financiers&amp;nbsp;HSBC Holdings PLC | Diversified Banking Inst | Rdt: 5,4 | Beta: 1,0 HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.&amp;nbsp;Assicurazioni Generali SpA | Multi&#45;line Insurance | Rdt: 3,9 | Beta: 1,0 Assicurazioni Generali S.p.A. offers life and non&#45;life insurance and reinsurance throughout the world. The Company offers life, health, accident, automobile, marine, aviation, transport, fire, general liability, and credit insurance and reinsurance.SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Telefonaktiebolaget LM Ericsson | Wireless Equipment | Rdt: 3,3 | Beta: 0,9 Telefonaktiebolaget LM Ericsson develops and manufactures products for wired and mobile communications in public and private networks. The Company produces mobile telephones through its Sony Ericsson joint venture. Ericsson manufactures and installs wired and wireless communications systems, wireless microwave links, call center equipment, microelectronics, and radar systems.&amp;nbsp;Nokia OYJ | Wireless Equipment | Rdt: 9,6 | Beta: 1,0 Nokia Oyj is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks.Services de télécommunication&amp;nbsp;Koninklijke KPN NV | Telephone&#45;Integrated | Rdt: 9,3 | Beta: 0,7 Koninklijke (Royal) KPN NV provides telecommunications services throughout the Netherlands. The Company provides local, long distance, international, and mobile telecommunications services, voice&#45;mail, call forwarding, ISDN Internet lines, faxing, and communications services for businesses and individuals. KPN offers mobile telecommunications through E&#45;Plus in Germany and BASE in Belgium.&amp;nbsp;France Telecom SA | Telephone&#45;Integrated | Rdt: 11,9 | Beta: 0,8 France Telecom SA provides telecommunications services to residential, professional, and large business customers. The Company offers public fixed&#45;line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services, and telecommunications equipment sales and rentals.&amp;nbsp;Telefonica SA | Telephone&#45;Integrated | Rdt: 11,7 | Beta: 0,8 Telefonica S.A. provides telecommunications services mainly to countries in Europe and Latin America. The Company offers fixed&#45;line and mobile telephone, Internet, and data transmission services to residential and corporate customers.&amp;nbsp;  Telecom Italia SpA | Telephone&#45;Integrated | Rdt: 7,1 | Beta: 0,9 Telecom Italia S.p.A., through subsidiaries, offers fixed line and mobile telephone and data transmission services in Italy and abroad. The Company offers local and long&#45;distance telephone, satellite communications, Internet access, and teleconferencing services.Services aux collectivités&amp;nbsp;Snam Rete Gas SpA | Gas&#45;Transportation | Rdt: 7,2 | Beta: 0,6 Snam S.p.A. owns and operates Italy&#8217;s natural&#45;gas distribution network. The Company transports gas on behalf of importers, distributors, and companies supplying Italian households. Snam owns a network of high&#45;and medium&#45;pressure pipes, including trunk lines connected to production and importation sites in Italy.&amp;nbsp;Centrica PLC | Gas&#45;Distribution | Rdt: 5,7 | Beta: 0,7 Centrica PLC is an integrated energy company offering a wide range of home and business energy solutions. The Company sources, generates, processes, stores, trades, saves and supplies energy and provides a range of related services.&amp;nbsp;Fortum OYJ | Electric&#45;Integrated | Rdt: 6,2 | Beta: 0,8 Fortum Oyj provides a full range of energy related products and services. The Company&#8217;s activities cover the generation, distribution, and sale of electricity and heat and steam, as well as the operation of power plants, and energy&#45;related services. Fortum operates worldwide but mainly in Northern Europe.&amp;nbsp;Endesa SA | Electric&#45;Integrated | Rdt: 3,3 | Beta: 0,8 Endesa, S.A. generates, distributes, and trades electricity in Spain, Italy, France, Portugal, North Africa, and Latin America. The Company distributes natural gas, operates co&#45;generation plants, and treats and distributes water.&amp;nbsp;EDF SA | Electric&#45;Integrated | Rdt: 6,5 | Beta: 0,9 EDF SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.&amp;nbsp;Enel SpA | Electric&#45;Integrated | Rdt: 9,1 | Beta: 0,9 Enel S.p.A. generates, transmits, distributes, and trades electricity. The Company operates hydroelectric, geothermal, and other generating plants. Enel, through subsidiaries, also provides fixed&#45;line and mobile telephone services, installs public lighting systems, and operates real estate, factoring, insurance, telecommunications, and Internet service provider businesses.&amp;nbsp;RWE AG | Electric&#45;Integrated | Rdt: 12,3 | Beta: 1,0 RWE AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. RWE AG operates mainly in Europe.Foncières cotées&amp;nbsp;  Unibail&#45;Rodamco SE | REITS&#45;Diversified | Rdt: 6,0 | Beta: 0,9 Unibail&#45;Rodamco leases and rents building space, finances real estate investments, and renovates real estate for sale. The Company&#8217;s properties, mainly shopping centers, office buildings, and convention&#45;exhibition centers, are primarily located in city centers or near major access routes. The Company opted for the SIIC legal status in 2003.




	Moyennes capitalisations Europe

Consommation de base&amp;nbsp;Colruyt SA | Food&#45;Retail | Rdt: 3,1 | Beta: 0,6 Colruyt SA retails goods and offers computer and printing services. The Company retails food and non&#45;food items through Colruyt supermarkets, and Coccinelle, UGA, and Codi Cash supermarkets and cash and carry stores. It retails toys, baby products, and school supplies through Dreamland stores. Colruyt markets computers and offers programming services.&amp;nbsp;Parmalat SpA | Food&#45;Dairy Products | Rdt: 2,7 | Beta: 0,6 Parmalat SpA produces milk, dairy, and other food products. The Company markets a wide range of products, including yogurt, cream, fruit juices, and desserts.&amp;nbsp;Delhaize Group SA | Food&#45;Retail | Rdt: 3,8 | Beta: 0,8 Delhaize Group operates supermarkets, drugstores, discount stores, and health and beauty shops throughout Belgium and abroad. The stores operate under the names Food Lion, MegaImage, AB Mega, Delvita, Tom &amp;amp; Company, SuperIndo, Le Lion, A.D. Delhaize, Superettes Delhaize, Di, Caddy&#45;Home, P.G., Alfa&#45;Beta, Super Discount Markets, Kash N&#8217; Karry, Hannaford, Shop N&#8217; Go, and Proxy Delhaize.Consommation discrétionnaire&amp;nbsp;SEB SA | Appliances | Rdt: 2,0 | Beta: 0,8 SEB SA manufactures small household appliances. The Company produces cookware, electric cookers, food and beverage preparation equipment, vacuum cleaners, and personal care items. SEB&#8217;s brand names include Tefal/T&#45;Fal, Rowenta, Calor, Arno, SEB, Moulinex, Krups and Samurai, and are sold in Europe, the Americas, India, Egypt, Australia, New Zealand, Thailand, Korea, and elsewhere in Asia.Services financiers&amp;nbsp;Basler Kantonalbank | Regional Banks&#45;Non US | Rdt: 2,5 | Beta: 0,4 Basler Kantonalbank is a Swiss regional bank. The Bank accepts deposits and offers mortgage and other loans, portfolio management, foreign currency trading, precious metals trading and other banking services. Basler Kantonalbank operates through a network of branches in the Canton of Basel.&amp;nbsp;Admiral Group PLC | Property/Casualty Ins | Rdt: 9,8 | Beta: 0,7 Admiral Group Plc principally sells private motor insurance, together with ancillary products, such as breakdown cover and cover for legal expenses. The Company markets directly to the public in the United Kingdom through its core brands, the Admiral brand, elephant.co.uk, Diamond, and Bell Direct.SantéH Lundbeck A/S | Medical&#45;Drugs | Rdt: 3,4 | Beta: 0,7 H. Lundbeck A/S is an international pharmaceutical company. The Company researches, manufactures, and sells drugs for the treatment of psychiatric and neurological disorders. The Company focuses on mood disorders, dementia, anxiety, and sleep disorders. Lundbeck does research both in&#45;house and in cooperation with research centers. The Company markets its products worldwide.Industrie&amp;nbsp;Capita PLC | Human Resources | Rdt: 3,6 | Beta: 0,6 Capita PLC provides an integrated range of services across the United Kingdom&#8217;s public and private sectors. The Company provides customer services, human resource services, software services, systems and strategic support, and property services.&amp;nbsp;  Thales SA | Aerospace/Defense | Rdt: 3,1 | Beta: 0,7 Thales SA manufactures aerospace systems and industrial electronics products. The Company manufactures radar and countermeasure systems, optronics and electron tubes, communications, navigation, and identification systems, air traffic management systems, computer hardware and software, missile defense systems, and semiconductors. Thales serves the civilian and military markets.&amp;nbsp;Aeroports de Paris | Airport Develop/Maint | Rdt: 2,9 | Beta: 0,8 Aeroports de Paris (ADP) manages all the civil airports in the Paris area. The Company also develops and operates light aircraft aerodromes. ADP offers air transport related services, and business services such as office rental.Services de télécommunication&amp;nbsp;Mobistar SA | Cellular Telecom | Rdt: 10,9 | Beta: 0,7 Mobistar SA offers mobile telephone services in Belgium through a GSM network, as well as fixed&#45;line services for international calls. The Company offers such services as pre&#45;paid calling cards, text messaging, mobile office access for business customers, and games.Services aux collectivitésTerna Rete Elettrica Nazionale SpA | Electric&#45;Transmission | Rdt: 7,9 | Beta: 0,7 Terna &#8211; Rete Elettrica Nazionale SpA transmits electricity over the high&#45;voltage and extra&#45;high voltage grid in Italy. Through subsidiaries, the Company owns a substantial share of the national electricity transmission grid.&amp;nbsp;Suez Environnement Co | Water | Rdt: 7,5 | Beta: 0,7 Suez Environnement Co. provides equipment and services for potable water supply. The Company also collects, treats, and distributes drinkable water. Suez Environnement also provides services for waste collection, recycling, recovery, treatment and disposal of urban and industrial waste.&amp;nbsp;Verbund AG | Electric&#45;Integrated | Rdt: 2,7 | Beta: 0,8 Verbund AG generates and distributes electricity. The Company operates local hydro and thermal power stations. Verbund also operates wind farms in Bruck an der Leitha, Hollern and Petronell&#45;Carnuntum.Foncières cotées&amp;nbsp;  Mercialys SA | REITS&#45;Diversified | Rdt: 5,5 | Beta: 0,7 Mercialys operates the strategic retail property business of Casino GuichardPerrachon SA, or Groupe Casino. The Company manages a large portfolio of shopping centers and restaurants adjacent to the Group&#8217;s own stores. Mercialys opted for the SIIC legal status in 2005.




	Petites capitalisations Europe

Consommation de base&amp;nbsp;Guyenne et Gascogne SA | Food&#45;Retail | Rdt: 5,9 | Beta: 0,5 Guyenne et Gascogne SA owns and operates hypermarkets and supermarkets throughout France and Spain under the names Carrefour and Squale. The Company owns some stores through joint ventures.Sligro Food Group NV | Food&#45;Wholesale/Distrib | Rdt: 3,2 | Beta: 0,5 Sligro Food Group N.V. encompasses food retail and foodservice companies selling directly and indirectly to the entire Dutch food and beverages market. The Company distributes food, fresh produce, and related non&#45;food products. Sligro serves both general and specialized food retailers, restaurants, and large&#45;scale caterers.&amp;nbsp;Grupa Zywiec SA | Brewery | Rdt: 10,3 | Beta: 0,5 Grupa Zywiec S.A. brews and distributes beer.&amp;nbsp;Bongrain SA | Food&#45;Dairy Products | Rdt: 3,2 | Beta: 0,6 Bongrain SA manufactures and distributes cheese and other dairy products throughout the world under the brand names Caprice des Dieux, Tartare, Alouette, and many others. The Company also produces gourmet food and provides catering services. It operates sales and production subsidiaries in Europe, the Americas, Asia, and Australia.&amp;nbsp;Vilmorin &amp;amp; Cie | Agricultural Biotech | Rdt: 2,0 | Beta: 0,6 Vilmorin &amp;amp; Cie researches, produces, and markets vegetable and flower seeds. The Company sells seeds, flower bulbs, young plants, and pet products to amateur gardeners, horticulturists, and vegetable growers.Services financiers&amp;nbsp;Jeudan A/S | Real Estate Mgmnt/Servic | Rdt: 2,9 | Beta: 0,5 Jeudan A/S is a real estate investment company. The Company owns, acquires, sells, maintains, and manages rental properties. Jeudan focuses on larger commercial and residential buildings primarily located in and around Copenhagen.&amp;nbsp;Credit Agricole Sud Rhone Alpes | Regional Banks&#45;Non US | Rdt: 7,7 | Beta: 0,5 Credit Agricole Sud Rhone Alpes is a regional bank serving southeastern France. The Bank offers credit to businesses, individuals, professionals, agricultural cooperatives and the public sector.&amp;nbsp;Credit Agricole du Languedoc | Regional Banks&#45;Non US | Rdt: 7,9 | Beta: 0,5 Credit Agricole du Languedoc is a regional bank in Southwestern France. The Bank provides loans and financing to individuals and businesses through local branches.&amp;nbsp;Credit Agricole Alpes Provence | Regional Banks&#45;Non US | Rdt: 6,3 | Beta: 0,5 Credit Agricole Alpes Provence provides lending, depository and other financial services in the Alpes and Provence regions.&amp;nbsp;Credit Agricole de Normandie Seine | Regional Banks&#45;Non US | Rdt: 8,4 | Beta: 0,6 Credit Agricole de Normandie&#45;Seine is a regional bank belonging to the Credit Agricole group. The Bank provides loans and financing to individuals and businesses.Santé&amp;nbsp;Recordati SpA | Medical&#45;Drugs | Rdt: 8,3 | Beta: 0,6 Recordati S.p.A. researches, manufactures, and markets prescription and non&#45;prescription pharmaceuticals and pharmaceutical chemicals. The Company&#8217;s pharmaceuticals include lercanidipine, a treatment for hypertension. Recordati is licensed to produce cardiovascular, gastroenterological, and central nervous system drugs. The Company sells its products throughout the world.Industrie&amp;nbsp;STEF&#45;TFE | Transport&#45;Services | Rdt: 3,6 | Beta: 0,4 STEF&#45;TFE is involved with the transportation and logistics of products that require controlled temperatures. The Company ships fresh and frozen foods such as meat and fish. The group also distributes pharmaceuticals.Technologie de l&#8217;information&amp;nbsp;Fonciere Europe Logistique | REITS&#45;Warehouse/Industr | Rdt: 6,3 | Beta: 0,4 Fonciere Europe Logistique is a real estate investment company. The Company invests in warehouses. The Company opted for the SIIC legal status in 2007.Foncières cotées&amp;nbsp;SIIC de Paris SA | REITS&#45;Diversified | Rdt: 2,7 | Beta: 0,4 SIIC de PARIS is involved in the leasing and rental of office, commercial, industrial and warehouse properties in France and French overseas territories. The Company opted for the SIIC legal status in 2004.&amp;nbsp;Fonciere Developpement Logements SA | REITS&#45;Apartments | Rdt: 6,5 | Beta: 0,4 Fonciere Developpement Logements is a Real Estate company which manages the residential portfolio of Fonciere Des Regions. The Company opted for the SIIC legal status in 2006.&amp;nbsp;  Altarea | REITS&#45;Diversified | Rdt: 6,7 | Beta: 0,4 Altarea develops and manages shopping centers in France and Italy. The Company opted for the SIIC legal status in 2005.&amp;nbsp;Societe Fonciere Lyonnaise SA | REITS&#45;Diversified | Rdt: 6,2 | Beta: 0,5 Societe Fonciere Lyonnaise is a real estate investment and management company. The Company manages a portfolio of primarily office and retail properties in Paris&#8217; central business district. The Company opted for the SIIC legal status in 2003.&amp;nbsp;London &amp;amp; Stamford Property PLC | REITS&#45;Diversified | Rdt: 7,1 | Beta: 0,5 London &amp;amp; Stamford Property PLC is an investment company. The Company invests in commercial property, including office, retail and distribution real estate assets, principally in the UK and will also consider opportunities overseas.&amp;nbsp;ANF Immobilier | REITS&#45;Diversified | Rdt: 5,7 | Beta: 0,6 ANF Immobilier is a real estate investment trust (societe dinvestissements immobiliers cotee). The Company owns a portfolio of commercial, office, and residential rental properties in Lyon and Marseille. ANF opted for the SIIC legal status in 2006




	Grandes capitalisations Amérique

Consommation de baseAucune action ne répond aux critères quantitatifs !Consommation discrétionnaire&amp;nbsp;Thomson Reuters Corp | Multimedia | Rdt: 4,4 | Beta: 0,6 Thomson Reuters Corporation is an electronic information and solutions company that serves the global business and professional marketplace. The Company provides proprietary online systems and CD&#45;ROM products in information sectors such as legal and regulatory, financial, scientific reference and healthcare, and corporate training.EnergieAucune action ne répond aux critères quantitatifs !Services financiersGreat&#45;West Lifeco Inc | Life/Health Insurance | Rdt: 5,9 | Beta: 0,7 Great&#45;West Lifeco Inc. is a financial services holding company with interests in the life insurance, health insurance, investment and retirement savings, and reinsurance businesses. The Company serves the financial security needs of people in Canada and the United States.Bank of Montreal | Commer Banks Non&#45;US | Rdt: 4,8 | Beta: 0,8 Bank of Montreal, doing business as BMO Financial Group, is a Canadian chartered bank which operates throughout the world. The Bank offers commercial, corporate, governmental, international, personal banking, and trust services. Bank of Montreal also offers full brokerage, underwriting, investment, and advisory services.&amp;nbsp;Power Financial Corp | Life/Health Insurance | Rdt: 5,5 | Beta: 0,8 Power Financial Corporation, through subsidiaries, is involved in insurance, international banking and investments, global asset management and investment counseling. In addition, the Company is involved in merchant banking in North America and Europe.Bank of Nova Scotia | Commer Banks Non&#45;US | Rdt: 4,0 | Beta: 0,8 Bank of Nova Scotia provides retail, commercial, international, corporate, investment and private banking services and products.Santé&amp;nbsp;Baxter International Inc | Medical Products | Rdt: 2,5 | Beta: 0,5 Baxter International Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. The Company&#8217;s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors&#8217; offices, and research laboratories.&amp;nbsp;  Becton Dickinson and Co | Medical Products | Rdt: 2,3 | Beta: 0,6 Becton, Dickinson and Company is a global medical technology company engaged principally in the development, manufacture and sale of medical devices, instrument systems and reagents used by healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public.IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;informationAucune action ne répond aux critères quantitatifs !Services de télécommunicationAucune action ne répond aux critères quantitatifs !Services aux collectivitésAucune action ne répond aux critères quantitatifs !Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Amérique

Energie&amp;nbsp;Inergy LP | Retail&#45;Propane Distrib | Rdt: 11,6 | Beta: 0,5 Inergy, L.P. is an energy infrastructure and distribution company. Inergy operates a retail and wholesale propane supply, marketing and distribution business. The Company also operates a midstream business that includes a natural gas storage business, a liquefied petroleum gas storage business, a natural gas liquids business and a solution&#45;mining and salt production company.Santé&amp;nbsp;St Jude Medical Inc | Medical Instruments | Rdt: 2,4 | Beta: 0,7 St. Jude Medical, Inc. develops, manufactures, and distributes medical devices for the worldwide cardiovascular market. The Company serves patients and its health care customers with products and services including heart valves, cardiac rhythm management systems, specialty catheters, and other cardiovascular devices.Technologie de l&#8217;information&amp;nbsp;Harris Corp | Telecommunication Equip | Rdt: 2,9 | Beta: 0,7 Harris Corporation is an international communications equipment company focused on product, system, and service solutions. The Company provides a range of mission critical communications products, systems and services for global markets, including defense communications and electronics, government communications, broadcast communications and wireless transmission network solutions.Services de télécommunication&amp;nbsp;Frontier Communications Corp | Telephone&#45;Integrated | Rdt: 14,7 | Beta: 0,6 Frontier Communications Corporation provides communications services to rural areas and small and medium&#45;sized towns and cities. The Company offers a variety of voice, data, and Internet, and television services.Foncières cotées&amp;nbsp;  Chimera Investment Corp | REITS&#45;Mortgage | Rdt: 19,4 | Beta: 0,8 Chimera Investment Corporation is a specialty finance company. The Company invests in residential mortgage loans, residential mortgage&#45;backed securities, real estate&#45;related securities and various other asset classes.




	Petites capitalisations Amérique

Santé&amp;nbsp;Owens &amp;amp; Minor Inc | Distribution/Wholesale | Rdt: 2,9 | Beta: 0,5 Owens &amp;amp; Minor, Inc. distributes medical/surgical supplies throughout the United States. The Company&#8217;s customers include hospitals, integrated healthcare systems, and group purchasing organizations. Owens &amp;amp; Minor also provides services in supply chain management, logistics, and technology.Industrie&amp;nbsp;Covanta Holding Corp | Non&#45;hazardous Waste Disp | Rdt: 2,2 | Beta: 0,5 Covanta Holding Corporation conducts operations in waste disposal, energy services, and specialty insurance. The Company also owns and operates waste&#45;to&#45;energy and power generation projects. Covanta&#8217;s waste&#45;to&#45;energy facilities convert municipal solid waste into renewable energy for communities primarily in the United States.Foncières cotées&amp;nbsp;MFA Financial Inc | REITS&#45;Mortgage | Rdt: 14,9 | Beta: 0,2 MFA Financial, Inc. is a mortgage real estate investment trust that invests primarily in hybrid and adjustable rate mortgage securities issued or guaranteed by an agency of the United States&#8217; government.&amp;nbsp;Investors Real Estate Trust | REITS&#45;Diversified | Rdt: 8,2 | Beta: 0,4 Investors Real Estate Trust is a Real Estate Investment Trust (REIT), which is structured as an umbrella real estate investment trust (UPREIT). The company owns and operates residential, commercial, retail, and office properties. Investors Real Estate Trust also has investments in mortgages and contracts for deeds secured by real estate.




	Grandes capitalisations Asie/Pacifique

Consommation de baseAucune action ne répond aux critères quantitatifs !Consommation discrétionnaireAucune action ne répond aux critères quantitatifs !Energie&amp;nbsp;  Origin Energy Ltd | Electric&#45;Integrated | Rdt: 5,4 | Beta: 0,9 Origin Energy Limited is an integrated energy company. The Company focuses on gas and oil exploration and production, electricity and renewable power generation and energy retailing. Origin also invests in renewable energy technologies, including geothermal, wind, hydro and solar.Services financiers&amp;nbsp;Hang Seng Bank Ltd | Commer Banks Non&#45;US | Rdt: 5,6 | Beta: 0,7 Hang Seng Bank Limited and its subsidiaries provide banking and related financial services.&amp;nbsp;  Swire Pacific Ltd | Diversified Operations | Rdt: 8,8 | Beta: 0,9 Swire Pacific Limited, through its subsidiaries, operates in the real estate, aviation, beverage, industrial, marine services, trading, and industrial businesses.&amp;nbsp;United Overseas Bank Ltd | Commer Banks Non&#45;US | Rdt: 4,5 | Beta: 1,0 United Overseas Bank Limited offers a full range of commercial banking and financial services. The Company offers private banking, trust services, venture capital investment, merchant banking, brokerage services, insurance, fund management, derivatives trading, precious metal trading, factoring, hire purchase, and life insurance.&amp;nbsp;DBS Group Holdings Ltd | Commer Banks Non&#45;US | Rdt: 4,7 | Beta: 1,0 DBS Group Holdings Limited and its subsidiaries provide a variety of financial services. The Company&#8217;s services include mortgage financing, lease and hire purchase financing, nominee and trustee, funds management, corporate advisory and brokerage . DBS Group also acts as the primary dealer in Singapore government securities.&amp;nbsp;HSBC Holdings PLC | Diversified Banking Inst | Rdt: 5,1 | Beta: 1,0 HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.&amp;nbsp;  Hang Lung Properties Ltd | Real Estate Oper/Develop | Rdt: 3,1 | Beta: 1,0 Hang Lung Properties Limited, through its subsidiaries, invests in, develops, and manages properties. The Company also manages parking lots.&amp;nbsp;Oversea&#45;Chinese Banking Corp Ltd | Commer Banks Non&#45;US | Rdt: 3,8 | Beta: 1,0 Oversea&#45;Chinese Banking Corporation Limited offers a comprehensive range of financial services. The Company&#8217;s services include deposit&#45;taking, corporate, enterprise and personal lending, international trade financing, investment banking, private banking, treasury, stockbroking, insurance, credit cards, cash management, asset management and other financial and related services.SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Nintendo Co Ltd | Toys | Rdt: 2,9 | Beta: 0,9 Nintendo Co., Ltd. globally develops, manufactures and sells home&#45;use video game hardware and software in home entertainment business. The company also produces home&#45;game products including cards.&amp;nbsp;Canon Inc | Office Automation&amp;amp;Equip | Rdt: 3,6 | Beta: 1,0 CANON INC. is a professional and consumer imaging solutions company and patent&#45;holder of digital imaging technologies. The Company&#8217;s products include networked multifunction devices, digital and analog copiers, computer peripherals, facsimile machines, image filing systems, camcorders, cameras and lenses, semiconductor, and broadcast and medical equipment.&amp;nbsp;Kyocera Corp | Electronic Compo&#45;Misc | Rdt: 2,1 | Beta: 1,0 KYOCERA CORPORATION manufacturers electronic equipment and components. The Company&#8217;s products include telecommunication equipment, information equipment, optical equipment, ceramic products, semiconductor parts, chips, hybrid integrated circuits, thermal printheads, image sensors, liquid crystal displays, and connectors. Kyocera operates worldwide.Services de télécommunication&amp;nbsp;KDDI Corp | Telephone&#45;Integrated | Rdt: 3,0 | Beta: 0,8 KDDI CORPORATION provides mobile communication services and sells mobile devices. The Company also is a broadband provider.Services aux collectivités&amp;nbsp;Kansai Electric Power Co Inc/The | Electric&#45;Integrated | Rdt: 5,0 | Beta: 0,5 The Kansai Electric Power Company, Incorporated generates electricity from hydroelectric, thermal, geothermal, and nuclear power sources. The Company distributes electricity to Osaka and the surrounding Kansai area. Kansai Electric also constructs and maintains electrical power facilities.Foncières cotéesWestfield Group | REITS&#45;Shopping Centers | Rdt: 7,0 | Beta: 0,7 Westfield Group is a property trust that invests in, leases and manages over retail shopping centers in Australia, New Zealand, the United States and the United Kingdom. The Group&#8217;s operations also include funds and asset management and property development and construction.




	Moyennes capitalisations Asie/Pacifique

Consommation de baseThai Beverage PCL | Brewery | Rdt: 5,6 | Beta: 0,6 Thai Beverage Public Company Limited produces a wide range of branded beer and spirits in Thailand.Industrie&amp;nbsp;Singapore Technologies Enginee&#8230; | Engineering/R&amp;amp;D Services | Rdt: 5,4 | Beta: 0,7 Singapore Technologies Engineering Limited specializes in aerospace, electronics, land defense systems, and marine capabilities for defense and commercial enterprises. The Company provides integrated aerospace, engineering, and maintenance services for military and commercial aircraft.&amp;nbsp;SIA Engineering Co Ltd | Commercial Services | Rdt: 8,7 | Beta: 0,8 SIA Engineering Company provides airframe and component overhaul services, line maintenance and technical ground handling services. The Company also manufactures aircraft cabin equipment, refurbishes aircraft galleys, repairs and overhauls hydromechanical aircraft equipment.Foncières cotéesAscendas Real Estate Investmen&#8230; | REITS&#45;Diversified | Rdt: 6,8 | Beta: 0,6 Ascendas Real Estate Investment Trust (A&#45;REIT) is a property trust constituted by a trust deed. A&#45;REIT owns and invests in a diverse, income producing portfolio of business park (including science park), light industrial, hi&#45;tech industrial and logistic properties in Singapore.




	Petites capitalisations Asie/Pacifique

Services financiers&amp;nbsp;BT Investment Management Ltd | Invest Mgmnt/Advis Serv | Rdt: 12,7 | Beta: 0,4 BT Investment Management Ltd. manages funds on behalf of retail and institutional clients and other intermediaries. The Company invests funds in a range of asset classes including equities, fixed income, cash, and alternatives.Industrie&amp;nbsp;Singapore Post Ltd | Transport&#45;Services | Rdt: 6,7 | Beta: 0,5 Singapore Post Limited provides domestic and international postal services. The Company is also involved in logistic business and has a retail distribution network in Singapore.Hong Kong Aircraft Engineering&#8230; | Engineering/R&amp;amp;D Services | Rdt: 2,3 | Beta: 0,5 Hong Kong Aircraft Engineering Company Limited maintains and overhauls commercial aircrafts. The Company performs comprehensive checks, refurbishments and reconfigurations of airframes and engines.




	Petites capitalisations Asie/Pacifique

Services financiers&amp;nbsp;BT Investment Management Ltd | Invest Mgmnt/Advis Serv | Rdt: 12,7 | Beta: 0,4 BT Investment Management Ltd. manages funds on behalf of retail and institutional clients and other intermediaries. The Company invests funds in a range of asset classes including equities, fixed income, cash, and alternatives.Industrie&amp;nbsp;Singapore Post Ltd | Transport&#45;Services | Rdt: 6,7 | Beta: 0,5 Singapore Post Limited provides domestic and international postal services. The Company is also involved in logistic business and has a retail distribution network in Singapore.&amp;nbsp;Hong Kong Aircraft Engineering&#8230; | Engineering/R&amp;amp;D Services | Rdt: 2,4 | Beta: 0,5 Hong Kong Aircraft Engineering Company Limited maintains and overhauls commercial aircrafts. The Company performs comprehensive checks, refurbishments and reconfigurations of airframes and engines.</description>
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	            <title>Portefeuille Patrimoine &#45; Janvier 2012</title>
	            <description>32e mois de reporting : rappelons que l&#8217;objectif est l&#8217;obtention d&#8217;un patrimoine de 600 k€. La stratégie patrimoniale pour y parvenir a été explicitée en filigrane sur ce blog ou les forums, et est décrite en détail dans mon livre. Le montant des encours géré a été donné dans le reporting d&#8217;Avril 2011.

	Le mois de décembre 2011 a été très bon avec un gain de +2,52% et un portefeuille Patrimoine toujours plus haut (à 127,8).

	Mon tracking record publique depuis mai 2009 est donc :
	
		2009 : +9,60%
		2010 : +9,69%
		2011 : +6,33%
	

	Ce mois a aussi été l&#8217;occasion de plusieurs arbitrages, afin d&#8217;externaliser des &#45;Values latentes et profitant de frais de courtage gratuits :

	
		Liquidation 40 Wereldhave (WHA, Euronext Amsterdam)
		Liquidation 600 KPN (KPN, Euronext Amsterdam)
		Liquidation 305 France Telecom (FTE, Euronext Paris)
		Liquidation 45 Befimmo (BEFB, Euronext Brussels)
	

	
		Achat 340 Land Securities Group (LAND, London Stock Exchange)
		Achat 500 Centrica (CNA, London Stock Exchange)
		Achat 200 Thomson Reuters (TRI, Toronto Stock Exchange)
		Achat 175 Corporate Office Properties (OFC, Toronto Stock Exchange)
	

	A la faveur de ces arbitrages, le portefeuille gagne en diversification et d&#8217;après moi en résilience (diminution de la volatilité, pérennité des dividendes et des profits).

	Bilan 2011

	Il n&#8217;y a pas grand chose à dire sur les livrets et les fonds euros : les rémunérations sont faibles, mais ils contribuent à diminuer la volatilité du portefeuille, permettront de saisir des opportunités sur l&#8217;immobilier physique en cas de baisse ou si les bourses connaissent un krach en 2012. Ils permettent aussi une diversification fiscale. Notez que dans la performance 2011, ce sont les intérêts des livrets de la période 2010 qui sont comptabilisés (et qui ont été touchés en janvier 2011). De même, janvier 2011 a été boosté par le reliquat des taux de rendement 2010 sur les fonds euros. La &#8220;mauvaise&#8221; performance des livrets et fonds euros va se ressentir seulement ce mois&#45;ci et donc impactera la performance 2012 dans mon reporting de janvier 2013. Vous suivez toujours ? :&#45;)

	Sur la bourse, quasiment toutes les personnes que je connaisses ont perdu de l&#8217;argent en 2011. La raison est simple : un portefeuille d&#8217;actions 100% français et des ventes paniques début août 2011. Je l&#8217;ai assez répété sur les forums ou dans mon livre : diversifier, diversifier, diversifier. Diversifier sectoriellement, diversifier géographiquement !

	La partie Actions du portefeuille Patrimoine réalise une performance annuelle dividendes brut réinvestis de +8%.

	Ce n&#8217;est pas du à un stock&#45;picking audacieux, mais plutôt à un portefeuille d&#8217;actions sur&#45;pondéré dans les secteurs/zones qui ont surperformé en 2011 (tabac, santé, énergie, USD) et sous&#45;pondéré dans les secteurs/zones qui ont sous&#45;performé (finances, télécom, utilities, EUR) :


(reporting généré par l&#8217;application XlsPortfolio)

	En particulier, mes foncières cotées européennes ont connu une performance catastrophique. J&#8217;ai revendu Wereldhave et Befimmo avec presque 30% de perte hors dividendes. Même chose pour France Telecom : 25% de perte hors dividendes. Et plusieurs foncières toujours en portefeuille sont encore en perte !

	Heureusement, j&#8217;avais plafonné les foncières cotées à 10% du portefeuille Patrimoine (je rappelle que c&#8217;est une recommandation aussi donnée dans mon livre) et cette sous&#45;performance a été plus que compensée par la performance extraordinaire des cigarettiers (+35% environ en 2011 hors dividendes !). Cette performance n&#8217;est pas artificielle, car les résultats publiés par Philip Morris International ou British American Tobacco ont été excellents ! Pour être parfaitement honnête, je ne m&#8217;y attendais pas du tout, étant donné le très bon parcours que ces valeurs avaient déjà connu en 2010.

	2011 a aussi été l&#8217;occasion d&#8217;acheter quelques valeurs à bon prix : Total, BP, Cisco, Microsoft, Johnson &amp;amp; Johnson&#8230; Mon achat de conviction, en dehors de mon univers d&#8217;investissement habituel, sur Gagfah n&#8217;a par contre pas été fructueux. On ne m&#8217;y reprendra plus.

	Même si ma modestie doit en souffrir, plus ça va, plus je me rends compte qu&#8217;un certain nombre (pour ne pas dire un nombre certain) d&#8217;intervenants (gérants, économistes, journalistes, commentateurs&#8230;) qui ont &#8220;pignon sur rue&#8221; dans les médias financiers sont simplement nuls. Des nuls ! Il n&#8217;y a pas d&#8217;autres mots. Nuls, nuls, nuls, archi&#45;nuls. Toujours à contre&#45;temps, ne connaissant même pas la différence entre un Résultat Net et un Free Cash Flow, valorisant une participation majoritaire à l&#8217;identique d&#8217;une participation minoritaire, confondant la masse monétaire M0 et M3, faisant des prédictions sur des valorisation d&#8217;indice qui n&#8217;ont aucun sens, etc.

	Les bons intervenants comme Benoît Faure&#45;Jarrosson, Konrad Hummler ou encore James Montier sont moins visibles et je bois chacune de leur parole tandis que je ne fais plus du tout attention au &#8220;bruit&#8221; ambiant.

	Je vous souhaite une excellente année 2012 !

	02/01/2012

	Allocation stratégique :


	Notez que je dois &#8220;transvaser&#8221; de l&#8217;argent de mes livrets vers les fonds euros pour respecter l&#8217;allocation cible, mais j&#8217;attends de connaître les taux de rendement définitif 2011 sur les fonds euros. 

	Allocation sectorielle hors fonds euros et livrets (graphique généré par l&#8217;application XlsPortfolio) :


	Allocation sectorielle foncières cotées (graphique généré par l&#8217;application XlsPortfolio) :


	Allocation opérationnelle hors fonds euros et livrets (reporting généré par l&#8217;application XlsPortfolio) :


	Evolution de la valeur de la part

	Cette performance doit se comparer avec un fonds mixte international équilibré. Tous les dividendes sont réinvestis après prélèvements sociaux.






	Le 89,64% de prédictibilité correspond au coefficient de détermination. Plus le chiffre est élevé, plus la valeur de la part suit une ligne droite.</description>
	            <pubDate>Mon, 02 Jan 2012 11:48:22 GMT</pubDate>
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	        <item>
	            <title>Achat actions : opportunités au 31/12/2011</title>
	            <description>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de Bloomberg et Yahoo, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.

	Rappelez&#45;vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. L&#8217;investisseur heureux préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.

	Grandes capitalisations Europe

Consommation de base&amp;nbsp;Carrefour SA | Food&#45;Retail | Rdt: 6,1 | Beta: 1,0 Carrefour SA operates chains of supermarkets, hypermarkets, discount, cash and carry, and frozen food stores in Europe, the Americas, and Asia.Consommation discrétionnaireAucune action ne répond aux critères quantitatifs !EnergieAucune action ne répond aux critères quantitatifs !Services financiers&amp;nbsp;HSBC Holdings PLC | Diversified Banking Inst | Rdt: 5,5 | Beta: 1,0 HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.&amp;nbsp;Assicurazioni Generali SpA | Multi&#45;line Insurance | Rdt: 3,9 | Beta: 1,0 Assicurazioni Generali S.p.A. offers life and non&#45;life insurance and reinsurance throughout the world. The Company offers life, health, accident, automobile, marine, aviation, transport, fire, general liability, and credit insurance and reinsurance.SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Telefonaktiebolaget LM Ericsson | Wireless Equipment | Rdt: 3,2 | Beta: 0,9 Telefonaktiebolaget LM Ericsson develops and manufactures products for wired and mobile communications in public and private networks. The Company produces mobile telephones through its Sony Ericsson joint venture. Ericsson manufactures and installs wired and wireless communications systems, wireless microwave links, call center equipment, microelectronics, and radar systems.&amp;nbsp;Nokia OYJ | Wireless Equipment | Rdt: 10,6 | Beta: 1,0 Nokia Corporation is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks.Services de télécommunication&amp;nbsp;Koninklijke KPN NV | Telephone&#45;Integrated | Rdt: 8,8 | Beta: 0,7 Koninklijke (Royal) KPN NV provides telecommunications services throughout the Netherlands. The Company provides local, long distance, international, and mobile telecommunications services, voice&#45;mail, call forwarding, ISDN Internet lines, faxing, and communications services for businesses and individuals. KPN offers mobile telecommunications through E&#45;Plus in Germany and BASE in Belgium.&amp;nbsp;France Telecom SA | Telephone&#45;Integrated | Rdt: 11,5 | Beta: 0,8 France Telecom SA provides telecommunications services to residential, professional, and large business customers. The Company offers public fixed&#45;line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services, and telecommunications equipment sales and rentals.&amp;nbsp;Telefonica SA | Telephone&#45;Integrated | Rdt: 11,4 | Beta: 0,8 Telefonica S.A. provides telecommunications services mainly to countries in Europe and Latin America. The Company offers fixed&#45;line and mobile telephone, Internet, and data transmission services to residential and corporate customers.Telecom Italia SpA | Telephone&#45;Integrated | Rdt: 7,0 | Beta: 0,9 Telecom Italia S.p.A., through subsidiaries, offers fixed line and mobile telephone and data transmission services in Italy and abroad. The Company offers local and long&#45;distance telephone, satellite communications, Internet access, and teleconferencing services.Services aux collectivités&amp;nbsp;  Snam Rete Gas SpA | Gas&#45;Transportation | Rdt: 7,0 | Beta: 0,6 Snam S.p.A. owns and operates Italy&#8217;s natural&#45;gas distribution network. The Company transports gas on behalf of importers, distributors, and companies supplying Italian households. Snam owns a network of high&#45;and medium&#45;pressure pipes, including trunk lines connected to production and importation sites in Italy.&amp;nbsp;Centrica PLC | Gas&#45;Distribution | Rdt: 5,7 | Beta: 0,7 Centrica PLC is an integrated energy company offering a wide range of home and business energy solutions. The Company sources, generates, processes, stores, trades, saves and supplies energy and provides a range of related services.&amp;nbsp;Fortum OYJ | Electric&#45;Integrated | Rdt: 6,1 | Beta: 0,8 Fortum Oyj provides a full range of energy related products and services. The Company&#8217;s activities cover the generation, distribution, and sale of electricity and heat and steam, as well as the operation of power plants, and energy&#45;related services. Fortum operates worldwide but mainly in Northern Europe.&amp;nbsp;Endesa SA | Electric&#45;Integrated | Rdt: 6,4 | Beta: 0,8 Endesa, S.A. generates, distributes, and trades electricity in Spain, Italy, France, Portugal, North Africa, and Latin America. The Company distributes natural gas, operates co&#45;generation plants, and treats and distributes water.&amp;nbsp;EDF SA | Electric&#45;Integrated | Rdt: 6,1 | Beta: 0,9 EDF SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.&amp;nbsp;Enel SpA | Electric&#45;Integrated | Rdt: 8,9 | Beta: 0,9 Enel S.p.A. generates, transmits, distributes, and trades electricity. The Company operates hydroelectric, geothermal, and other generating plants. Enel, through subsidiaries, also provides fixed&#45;line and mobile telephone services, installs public lighting systems, and operates real estate, factoring, insurance, telecommunications, and Internet service provider businesses.&amp;nbsp;RWE AG | Electric&#45;Integrated | Rdt: 12,9 | Beta: 1,0 RWE AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. RWE AG operates mainly in Europe.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Europe

Consommation de base&amp;nbsp;Colruyt SA | Food&#45;Retail | Rdt: 3,1 | Beta: 0,6 Colruyt SA retails goods and offers computer and printing services. The Company retails food and non&#45;food items through Colruyt supermarkets, and Coccinelle, UGA, and Codi Cash supermarkets and cash and carry stores. It retails toys, baby products, and school supplies through Dreamland stores. Colruyt markets computers and offers programming services.&amp;nbsp;Parmalat SpA | Food&#45;Dairy Products | Rdt: 2,7 | Beta: 0,6 Parmalat SpA produces milk, dairy, and other food products. The Company markets a wide range of products, including yogurt, cream, fruit juices, and desserts.&amp;nbsp;Delhaize Group SA | Food&#45;Retail | Rdt: 4,0 | Beta: 0,8 Delhaize Group operates supermarkets, drugstores, discount stores, and health and beauty shops throughout Belgium and abroad. The stores operate under the names Food Lion, MegaImage, AB Mega, Delvita, Tom &amp;amp; Company, SuperIndo, Le Lion, A.D. Delhaize, Superettes Delhaize, Di, Caddy&#45;Home, P.G., Alfa&#45;Beta, Super Discount Markets, Kash N&#8217; Karry, Hannaford, Shop N&#8217; Go, and Proxy Delhaize.Consommation discrétionnaire&amp;nbsp;SEB SA | Appliances | Rdt: 2,0 | Beta: 0,8 SEB SA manufactures small household appliances. The Company produces cookware, electric cookers, food and beverage preparation equipment, vacuum cleaners, and personal care items. SEB&#8217;s brand names include Tefal/T&#45;Fal, Rowenta, Calor, Arno, SEB, Moulinex, Krups and Samurai, and are sold in Europe, the Americas, India, Egypt, Australia, New Zealand, Thailand, Korea, and elsewhere in Asia.Services financiers&amp;nbsp;Basler Kantonalbank | Regional Banks&#45;Non US | Rdt: 2,5 | Beta: 0,4 Basler Kantonalbank is a Swiss regional bank. The Bank accepts deposits and offers mortgage and other loans, portfolio management, foreign currency trading, precious metals trading and other banking services. Basler Kantonalbank operates through a network of branches in the Canton of Basel.&amp;nbsp;Admiral Group PLC | Property/Casualty Ins | Rdt: 9,7 | Beta: 0,6 Admiral Group Plc principally sells private motor insurance, together with ancillary products, such as breakdown cover and cover for legal expenses. The Company markets directly to the public in the United Kingdom through its core brands, the Admiral brand, elephant.co.uk, Diamond, and Bell Direct.SantéRhoen Klinikum AG | Medical&#45;Hospitals | Rdt: 2,5 | Beta: 0,5 Rhoen&#45;Klinikum AG operates general, rehabilitation, and emergency health care facilities which offer inpatient and outpatient medical care to various communities in Germany. These clinics and hospitals offer cardiological, surgical, psychiatric, neurological and neurosurgical, orthopedic, addiction treatment, and physical therapy services.&amp;nbsp;  H Lundbeck A/S | Medical&#45;Drugs | Rdt: 3,5 | Beta: 0,7 H. Lundbeck A/S is an international pharmaceutical company. The Company researches, manufactures, and sells drugs for the treatment of psychiatric and neurological disorders. The Company focuses on mood disorders, dementia, anxiety, and sleep disorders. Lundbeck does research both in&#45;house and in cooperation with research centers. The Company markets its products worldwide.Industrie&amp;nbsp;Capita Group PLC/The | Human Resources | Rdt: 3,6 | Beta: 0,6 Capita Group Plc provides an integrated range of services across the United Kingdom&#8217;s public and private sectors. The Group provides customer services, human resource services, software services, systems and strategic support, and property services.Thales SA | Aerospace/Defense | Rdt: 3,1 | Beta: 0,6 Thales SA manufactures aerospace systems and industrial electronics products. The Company manufactures radar and countermeasure systems, optronics and electron tubes, communications, navigation, and identification systems, air traffic management systems, computer hardware and software, missile defense systems, and semiconductors. Thales serves the civilian and military markets.&amp;nbsp;Aeroports de Paris | Airport Develop/Maint | Rdt: 2,9 | Beta: 0,8 Aeroports de Paris (ADP) manages all the civil airports in the Paris area. The Company also develops and operates light aircraft aerodromes. ADP offers air transport related services, and business services such as office rental.Services de télécommunication&amp;nbsp;Mobistar SA | Cellular Telecom | Rdt: 10,6 | Beta: 0,7 Mobistar SA offers mobile telephone services in Belgium through a GSM network, as well as fixed&#45;line services for international calls. The Company offers such services as pre&#45;paid calling cards, text messaging, mobile office access for business customers, and games.Services aux collectivités&amp;nbsp;Terna Rete Elettrica Nazionale SpA | Electric&#45;Transmission | Rdt: 8,1 | Beta: 0,7 Terna &#8211; Rete Elettrica Nazionale SpA transmits electricity over the high&#45;voltage and extra&#45;high voltage grid in Italy. Through subsidiaries, the Company owns a substantial share of the national electricity transmission grid.&amp;nbsp;Suez Environnement Co | Water | Rdt: 7,3 | Beta: 0,8 Suez Environnement Co. provides equipment and services for potable water supply. The Company also collects, treats, and distributes drinkable water. Suez Environnement also provides services for waste collection, recycling, recovery, treatment and disposal of urban and industrial waste.&amp;nbsp;Verbund AG | Electric&#45;Integrated | Rdt: 2,7 | Beta: 0,8 Verbund AG generates and distributes electricity. The Company operates local hydro and thermal power stations. Verbund also operates wind farms in Bruck an der Leitha, Hollern and Petronell&#45;Carnuntum.Foncières cotéesMercialys SA | REITS&#45;Diversified | Rdt: 5,2 | Beta: 0,7 Mercialys operates the strategic retail property business of Casino GuichardPerrachon SA, or Groupe Casino. The Company manages a large portfolio of shopping centers and restaurants adjacent to the Group&#8217;s own stores. Mercialys opted for the SIIC legal status in 2005.




	Petites capitalisations Europe

Consommation de base&amp;nbsp;Guyenne et Gascogne SA | Food&#45;Retail | Rdt: 5,9 | Beta: 0,5 Guyenne et Gascogne SA owns and operates hypermarkets and supermarkets throughout France and Spain under the names Carrefour and Squale. The Company owns some stores through joint ventures.&amp;nbsp;Sligro Food Group NV | Food&#45;Wholesale/Distrib | Rdt: 3,4 | Beta: 0,5 Sligro Food Group N.V. encompasses food retail and foodservice companies selling directly and indirectly to the entire Dutch food and beverages market. The Company distributes food, fresh produce, and related non&#45;food products. Sligro serves both general and specialized food retailers, restaurants, and large&#45;scale caterers.Bonduelle S.C.A. | Food&#45;Misc/Diversified | Rdt: 2,4 | Beta: 0,5 Bonduelle SCA produces canned, frozen, and fresh vegetables for distribution in Europe. The Company markets its products under the Bonduelle, Cassegrain, and Marie Thomas brand names. Bonduelle is involved in all stages of production, from cutting and cleaning the vegetables to treatment, packaging, and distribution.&amp;nbsp;Grupa Zywiec SA | Brewery | Rdt: 10,5 | Beta: 0,5 Grupa Zywiec S.A. brews and distributes beer.&amp;nbsp;Bongrain SA | Food&#45;Dairy Products | Rdt: 3,3 | Beta: 0,6 Bongrain SA manufactures and distributes cheese and other dairy products throughout the world under the brand names Caprice des Dieux, Tartare, Alouette, and many others. The Company also produces gourmet food and provides catering services. It operates sales and production subsidiaries in Europe, the Americas, Asia, and Australia.&amp;nbsp;Vilmorin &amp;amp; Cie | Agricultural Biotech | Rdt: 2,0 | Beta: 0,6 Vilmorin &amp;amp; Cie researches, produces, and markets vegetable and flower seeds. The Company sells seeds, flower bulbs, young plants, and pet products to amateur gardeners, horticulturists, and vegetable growers.Services financiers&amp;nbsp;Jeudan A/S | Real Estate Mgmnt/Servic | Rdt: 2,9 | Beta: 0,5 Jeudan A/S is a real estate investment company. The Company owns, acquires, sells, maintains, and manages rental properties. Jeudan focuses on larger commercial and residential buildings primarily located in and around Copenhagen.&amp;nbsp;Credit Agricole Sud Rhone Alpes | Regional Banks&#45;Non US | Rdt: 7,7 | Beta: 0,5 Credit Agricole Sud Rhone Alpes is a regional bank serving southeastern France. The Bank offers credit to businesses, individuals, professionals, agricultural cooperatives and the public sector.&amp;nbsp;Credit Agricole du Languedoc | Regional Banks&#45;Non US | Rdt: 7,9 | Beta: 0,5 Credit Agricole du Languedoc is a regional bank in Southwestern France. The Bank provides loans and financing to individuals and businesses through local branches.&amp;nbsp;Credit Agricole Alpes Provence | Regional Banks&#45;Non US | Rdt: 6,3 | Beta: 0,5 Credit Agricole Alpes Provence provides lending, depository and other financial services in the Alpes and Provence regions.&amp;nbsp;Credit Agricole de Normandie Seine | Regional Banks&#45;Non US | Rdt: 8,5 | Beta: 0,6 Credit Agricole de Normandie&#45;Seine is a regional bank belonging to the Credit Agricole group. The Bank provides loans and financing to individuals and businesses.SantéRhoen Klinikum AG | Medical&#45;Hospitals | Rdt: 2,5 | Beta: 0,5 Rhoen&#45;Klinikum AG operates general, rehabilitation, and emergency health care facilities which offer inpatient and outpatient medical care to various communities in Germany. These clinics and hospitals offer cardiological, surgical, psychiatric, neurological and neurosurgical, orthopedic, addiction treatment, and physical therapy services.&amp;nbsp;Recordati SpA | Medical&#45;Drugs | Rdt: 8,5 | Beta: 0,6 Recordati S.p.A. researches, manufactures, and markets prescription and non&#45;prescription pharmaceuticals and pharmaceutical chemicals. The Company&#8217;s pharmaceuticals include lercanidipine, a treatment for hypertension. Recordati is licensed to produce cardiovascular, gastroenterological, and central nervous system drugs. The Company sells its products throughout the world.Industrie&amp;nbsp;STEF&#45;TFE | Transport&#45;Services | Rdt: 3,6 | Beta: 0,4 STEF&#45;TFE is involved with the transportation and logistics of products that require controlled temperatures. The Company ships fresh and frozen foods such as meat and fish. The group also distributes pharmaceuticals.Technologie de l&#8217;information&amp;nbsp;Fonciere Europe Logistique | REITS&#45;Warehouse/Industr | Rdt: 6,3 | Beta: 0,4 Fonciere Europe Logistique is a real estate investment company. The Company invests in warehouses. The Company opted for the SIIC legal status in 2007.Foncières cotéesFonciere Massena | Real Estate Oper/Develop | Rdt: 3,5 | Beta: 0,3 Fonciere Massena manages a portfolio of real estate investment composed of residential and commercial buildings, offices, and car parking lots.&amp;nbsp;SIIC de Paris SA | REITS&#45;Diversified | Rdt: 2,7 | Beta: 0,4 SIIC de PARIS is involved in the leasing and rental of office, commercial, industrial and warehouse properties in France and French overseas territories. The Company opted for the SIIC legal status in 2004.&amp;nbsp;Fonciere Developpement Logements SA | REITS&#45;Apartments | Rdt: 6,4 | Beta: 0,4 Fonciere Developpement Logements is a Real Estate company which manages the residential portfolio of Fonciere Des Regions. The Company opted for the SIIC legal status in 2006.Altarea | REITS&#45;Diversified | Rdt: 6,6 | Beta: 0,4 Altarea develops and manages shopping centers in France and Italy. The Company opted for the SIIC legal status in 2005.&amp;nbsp;London &amp;amp; Stamford Property PLC | REITS&#45;Diversified | Rdt: 7,0 | Beta: 0,5 London &amp;amp; Stamford Property PLC is an investment company. The Company invests in commercial property, including office, retail and distribution real estate assets, principally in the UK and will also consider opportunities overseas.&amp;nbsp;Societe Fonciere Lyonnaise SA | REITS&#45;Diversified | Rdt: 6,3 | Beta: 0,5 Societe Fonciere Lyonnaise is a real estate investment and management company. The Company manages a portfolio of primarily office and retail properties in Paris&#8217; central business district. The Company opted for the SIIC legal status in 2003.&amp;nbsp;ANF Immobilier | REITS&#45;Diversified | Rdt: 5,5 | Beta: 0,6 ANF Immobilier is a real estate investment trust (societe dinvestissements immobiliers cotee). The Company owns a portfolio of commercial, office, and residential rental properties in Lyon and Marseille. ANF opted for the SIIC legal status in 2006Wereldhave Belgium NV | REITS&#45;Diversified | Rdt: 5,9 | Beta: 0,6 Wereldhave Belgium owns and operates offices, shopping centres, industrial properties, and residential properties. Investments are located in various locations in Belgium. Wereldhave Belgium&#8217;s parent company is the Dutch group Wereldhave N.V., which has offices in The Hague, London, Madrid, New York, and Paris.




	Grandes capitalisations Amérique

Consommation de baseKellogg Co | Food&#45;Misc/Diversified | Rdt: 3,3 | Beta: 0,4 Kellogg Company manufactures and markets ready&#45;to&#45;eat cereal and other convenience foods. The Company&#8217;s products include cereals, cookies, crackers, toaster pastries, cereal bars, fruit snacks, frozen waffles and veggie foods. Kellogg markets its products in the United States, Canada, and other countries throughout the world.Consommation discrétionnaire&amp;nbsp;Thomson Reuters Corp | Multimedia | Rdt: 4,5 | Beta: 0,6 Thomson Reuters Corporation is an electronic information and solutions company that serves the global business and professional marketplace. The Company provides proprietary online systems and CD&#45;ROM products in information sectors such as legal and regulatory, financial, scientific reference and healthcare, and corporate training.EnergiePetroChina Co Ltd | Oil Comp&#45;Integrated | Rdt: 4,3 | Beta: 1,0 PetroChina Company Limited explores, develops, and produces crude oil and natural gas. The Company also refines, transports, and distributes crude oil and petroleum products, produces and sells chemicals, and transmits, markets and sells natural gas.Services financiers&amp;nbsp;Great&#45;West Lifeco Inc | Life/Health Insurance | Rdt: 6,0 | Beta: 0,7 Great&#45;West Lifeco Inc. is a financial services holding company with interests in the life insurance, health insurance, investment and retirement savings, and reinsurance businesses. The Company serves the financial security needs of people in Canada and the United States.&amp;nbsp;Bank of Montreal | Commer Banks Non&#45;US | Rdt: 5,0 | Beta: 0,8 Bank of Montreal, doing business as BMO Financial Group, is a Canadian chartered bank which operates throughout the world. The Bank offers commercial, corporate, governmental, international, personal banking, and trust services. Bank of Montreal also offers full brokerage, underwriting, investment, and advisory services.&amp;nbsp;Power Financial Corp | Life/Health Insurance | Rdt: 5,5 | Beta: 0,8 Power Financial Corporation, through subsidiaries, is involved in insurance, international banking and investments, global asset management and investment counseling. In addition, the Company is involved in merchant banking in North America and Europe.&amp;nbsp;Bank of Nova Scotia | Commer Banks Non&#45;US | Rdt: 4,1 | Beta: 0,8 Bank of Nova Scotia provides retail, commercial, international, corporate, investment and private banking services and products.Santé&amp;nbsp;Baxter International Inc | Medical Products | Rdt: 2,6 | Beta: 0,5 Baxter International Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. The Company&#8217;s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors&#8217; offices, and research laboratories.Becton Dickinson and Co | Medical Products | Rdt: 2,2 | Beta: 0,6 Becton, Dickinson and Company is a global medical technology company engaged principally in the development, manufacture and sale of medical devices, instrument systems and reagents used by healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public.IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;informationAucune action ne répond aux critères quantitatifs !Services de télécommunicationAucune action ne répond aux critères quantitatifs !Services aux collectivitésAucune action ne répond aux critères quantitatifs !Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Amérique

Consommation de baseGeorge Weston Ltd | Food&#45;Misc/Diversified | Rdt: 13,5 | Beta: 0,6 George Weston Limited processes and distributes food throughout North America to grocer wholesalers, warehouses, and independent accounts. The Company also processes and packages fish.Energie&amp;nbsp;Inergy LP | Retail&#45;Propane Distrib | Rdt: 11,5 | Beta: 0,5 Inergy, L.P. is an energy infrastructure and distribution company. Inergy operates a retail and wholesale propane supply, marketing and distribution business. The Company also operates a midstream business that includes a natural gas storage business, a liquefied petroleum gas storage business, a natural gas liquids business and a solution&#45;mining and salt production company.Santé&amp;nbsp;  St Jude Medical Inc | Medical Instruments | Rdt: 2,4 | Beta: 0,7 St. Jude Medical, Inc. develops, manufactures, and distributes medical devices for the worldwide cardiovascular market. The Company serves patients and its health care customers with products and services including heart valves, cardiac rhythm management systems, specialty catheters, and other cardiovascular devices.Technologie de l&#8217;information&amp;nbsp;Harris Corp | Telecommunication Equip | Rdt: 2,9 | Beta: 0,7 Harris Corporation is an international communications equipment company focused on product, system, and service solutions. The Company provides a range of mission critical communications products, systems and services for global markets, including defense communications and electronics, government communications, broadcast communications and wireless transmission network solutions.Services de télécommunication&amp;nbsp;Frontier Communications Corp | Telephone&#45;Integrated | Rdt: 14,6 | Beta: 0,6 Frontier Communications Corporation provides communications services to rural areas and small and medium&#45;sized towns and cities. The Company offers a variety of voice, data, and Internet, and television services.Foncières cotéesChimera Investment Corp | REITS&#45;Mortgage | Rdt: 20,3 | Beta: 0,8 Chimera Investment Corporation is a specialty finance company. The Company invests in residential mortgage loans, residential mortgage&#45;backed securities, real estate&#45;related securities and various other asset classes.




	Petites capitalisations Amérique

Santé&amp;nbsp;Owens &amp;amp; Minor Inc | Distribution/Wholesale | Rdt: 2,9 | Beta: 0,5 Owens &amp;amp; Minor, Inc. distributes medical/surgical supplies throughout the United States. The Company&#8217;s customers include hospitals, integrated healthcare systems, and group purchasing organizations. Owens &amp;amp; Minor also provides services in supply chain management, logistics, and technology.Industrie&amp;nbsp;Covanta Holding Corp | Energy&#45;Alternate Sources | Rdt: 2,2 | Beta: 0,5 Covanta Holding Corporation conducts operations in waste disposal, energy services, and specialty insurance. The Company also owns and operates waste&#45;to&#45;energy and power generation projects. Covanta&#8217;s waste&#45;to&#45;energy facilities convert municipal solid waste into renewable energy for communities primarily in the United States.Foncières cotées&amp;nbsp;  MFA Financial Inc | REITS&#45;Mortgage | Rdt: 15,0 | Beta: 0,2 MFA Financial, Inc. is a mortgage real estate investment trust that invests primarily in hybrid and adjustable rate mortgage securities issued or guaranteed by an agency of the United States&#8217; government.&amp;nbsp;Investors Real Estate Trust | REITS&#45;Diversified | Rdt: 8,3 | Beta: 0,4 Investors Real Estate Trust is a Real Estate Investment Trust (REIT), which is structured as an umbrella real estate investment trust (UPREIT). The company owns and operates residential, commercial, retail, and office properties. Investors Real Estate Trust also has investments in mortgages and contracts for deeds secured by real estate.




	Grandes capitalisations Asie/Pacifique

Consommation de baseAucune action ne répond aux critères quantitatifs !Consommation discrétionnaireAucune action ne répond aux critères quantitatifs !EnergieAucune action ne répond aux critères quantitatifs !Services financiers&amp;nbsp;Hang Seng Bank Ltd | Commer Banks Non&#45;US | Rdt: 5,6 | Beta: 0,7 Hang Seng Bank Limited and its subsidiaries provide banking and related financial services.&amp;nbsp;United Overseas Bank Ltd | Commer Banks Non&#45;US | Rdt: 4,6 | Beta: 1,0 United Overseas Bank Limited offers a full range of commercial banking and financial services. The Company offers private banking, trust services, venture capital investment, merchant banking, brokerage services, insurance, fund management, derivatives trading, precious metal trading, factoring, hire purchase, and life insurance.&amp;nbsp;DBS Group Holdings Ltd | Commer Banks Non&#45;US | Rdt: 4,9 | Beta: 1,0 DBS Group Holdings Limited and its subsidiaries provide a variety of financial services. The Company&#8217;s services include mortgage financing, lease and hire purchase financing, nominee and trustee, funds management, corporate advisory and brokerage . DBS Group also acts as the primary dealer in Singapore government securities.&amp;nbsp;HSBC Holdings PLC | Diversified Banking Inst | Rdt: 5,1 | Beta: 1,0 HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.Hang Lung Properties Ltd | Real Estate Oper/Develop | Rdt: 3,2 | Beta: 1,0 Hang Lung Properties Limited, through its subsidiaries, invests in, develops, and manages properties. The Company also manages parking lots.&amp;nbsp;Oversea&#45;Chinese Banking Corp Ltd | Commer Banks Non&#45;US | Rdt: 3,8 | Beta: 1,0 Oversea&#45;Chinese Banking Corporation Limited offers a comprehensive range of financial services. The Company&#8217;s services include deposit&#45;taking, corporate, enterprise and personal lending, international trade financing, investment banking, private banking, treasury, stockbroking, insurance, credit cards, cash management, asset management and other financial and related services.SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Nintendo Co Ltd | Toys | Rdt: 2,9 | Beta: 0,9 Nintendo Co., Ltd. globally develops, manufactures and sells home&#45;use video game hardware and software in home entertainment business. The company also produces home&#45;game products including cards.&amp;nbsp;Canon Inc | Office Automation&amp;amp;Equip | Rdt: 3,5 | Beta: 1,0 CANON INC. is a professional and consumer imaging solutions company and patent&#45;holder of digital imaging technologies. The Company&#8217;s products include networked multifunction devices, digital and analog copiers, computer peripherals, facsimile machines, image filing systems, camcorders, cameras and lenses, semiconductor, and broadcast and medical equipment.&amp;nbsp;Kyocera Corp | Electronic Compo&#45;Misc | Rdt: 2,1 | Beta: 1,0 KYOCERA CORPORATION manufacturers electronic equipment and components. The Company&#8217;s products include telecommunication equipment, information equipment, optical equipment, ceramic products, semiconductor parts, chips, hybrid integrated circuits, thermal printheads, image sensors, liquid crystal displays, and connectors. Kyocera operates worldwide.Services de télécommunication&amp;nbsp;KDDI Corp | Telephone&#45;Integrated | Rdt: 3,0 | Beta: 0,8 KDDI CORPORATION provides mobile communication services and sells mobile devices. The Company also is a broadband provider.Services aux collectivités&amp;nbsp;Kansai Electric Power Co Inc/The | Electric&#45;Integrated | Rdt: 5,1 | Beta: 0,5 The Kansai Electric Power Company, Incorporated generates electricity from hydroelectric, thermal, geothermal, and nuclear power sources. The Company distributes electricity to Osaka and the surrounding Kansai area. Kansai Electric also constructs and maintains electrical power facilities.Foncières cotées&amp;nbsp;  Westfield Group | REITS&#45;Shopping Centers | Rdt: 7,4 | Beta: 0,7 Westfield Group is a property trust that invests in, leases and manages over retail shopping centers in Australia, New Zealand, the United States and the United Kingdom. The Group&#8217;s operations also include funds and asset management and property development and construction.




	Moyennes capitalisations Asie/Pacifique

Consommation de base&amp;nbsp;Thai Beverage PCL | Brewery | Rdt: 5,8 | Beta: 0,6 Thai Beverage Public Company Limited produces a wide range of branded beer and spirits in Thailand.Industrie&amp;nbsp;Singapore Technologies Enginee&#8230; | Engineering/R&amp;amp;D Services | Rdt: 5,4 | Beta: 0,7 Singapore Technologies Engineering Limited specializes in aerospace, electronics, land defense systems, and marine capabilities for defense and commercial enterprises. The Company provides integrated aerospace, engineering, and maintenance services for military and commercial aircraft.&amp;nbsp;  SIA Engineering Co Ltd | Commercial Services | Rdt: 8,7 | Beta: 0,8 SIA Engineering Company provides airframe and component overhaul services, line maintenance and technical ground handling services. The Company also manufactures aircraft cabin equipment, refurbishes aircraft galleys, repairs and overhauls hydromechanical aircraft equipment.Foncières cotées&amp;nbsp;Ascendas Real Estate Investmen&#8230; | REITS&#45;Diversified | Rdt: 7,2 | Beta: 0,6 Ascendas Real Estate Investment Trust (A&#45;REIT) is a property trust constituted by a trust deed. A&#45;REIT owns and invests in a diverse, income producing portfolio of business park (including science park), light industrial, hi&#45;tech industrial and logistic properties in Singapore.




	Petites capitalisations Asie/Pacifique

Services financiers&amp;nbsp;BT Investment Management Ltd | Invest Mgmnt/Advis Serv | Rdt: 12,7 | Beta: 0,4 BT Investment Management Ltd. manages funds on behalf of retail and institutional clients and other intermediaries. The Company invests funds in a range of asset classes including equities, fixed income, cash, and alternatives.Industrie&amp;nbsp;Singapore Post Ltd | Transport&#45;Services | Rdt: 6,7 | Beta: 0,5 Singapore Post Limited provides domestic and international postal services. The Company is also involved in logistic business and has a retail distribution network in Singapore.&amp;nbsp;Hong Kong Aircraft Engineering&#8230; | Engineering/R&amp;amp;D Services | Rdt: 2,4 | Beta: 0,5 Hong Kong Aircraft Engineering Company Limited maintains and overhauls commercial aircrafts. The Company performs comprehensive checks, refurbishments and reconfigurations of airframes and engines.</description>
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	            <title>Achat actions : opportunités au 25/12/2011</title>
	            <description>Notez que la notation avec des étoiles correspond à la proximité avec le plus bas et l&#8216;éloignement avec le plus haut à 52 semaines et n&#8217;est pas une mesure qualitative. Une société rayée signifie qu&#8217;elle était présente la semaine dernière mais disparaît cette semaine.

	Grandes capitalisations Europe

Consommation de base&amp;nbsp;Carrefour SA | Food&#45;Retail | Rdt: 6,3 | Beta: 1,0 Carrefour SA operates chains of supermarkets, hypermarkets, discount, cash and carry, and frozen food stores in Europe, the Americas, and Asia.Consommation discrétionnaireChristian Dior SA | Apparel Manufacturers | Rdt: 2,4 | Beta: 0,9 Christian Dior SA manufactures luxury products such as upscale clothing, champagne and wines, cognac and spirits, luggage and leather goods, perfumes and cosmetics, and jewelry and watches. The Company markets its products internationally.EnergieAucune action ne répond aux critères quantitatifs !Services financiers&amp;nbsp;HSBC Holdings PLC | Diversified Banking Inst | Rdt: 5,5 | Beta: 1,0 HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.Sampo OYJ | Multi&#45;line Insurance | Rdt: 6,1 | Beta: 1,0 Sampo Oyj offers multi&#45;line insurance. The Company offers life and pension and property/casualty insurance.&amp;nbsp;Assicurazioni Generali SpA | Multi&#45;line Insurance | Rdt: 3,9 | Beta: 1,0 Assicurazioni Generali S.p.A. offers life and non&#45;life insurance and reinsurance throughout the world. The Company offers life, health, accident, automobile, marine, aviation, transport, fire, general liability, and credit insurance and reinsurance.SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Telefonaktiebolaget LM Ericsson | Wireless Equipment | Rdt: 3,3 | Beta: 0,9 Telefonaktiebolaget LM Ericsson develops and manufactures products for wired and mobile communications in public and private networks. The Company produces mobile telephones through its Sony Ericsson joint venture. Ericsson manufactures and installs wired and wireless communications systems, wireless microwave links, call center equipment, microelectronics, and radar systems.&amp;nbsp;Nokia OYJ | Wireless Equipment | Rdt: 10,7 | Beta: 1,0 Nokia Corporation is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks.Services de télécommunicationSwisscom AG | Telephone&#45;Integrated | Rdt: 3,4 | Beta: 0,6 Swisscom AG operates public telecommunications networks and offers network application services. The Company provides local, long&#45;distance, and mobile telephone services, integrated voice and data digital services, network solutions to national and international telecommunications operators, and Internet access services, and owns and operates pay telephones.&amp;nbsp;Koninklijke KPN NV | Telephone&#45;Integrated | Rdt: 8,9 | Beta: 0,7 Koninklijke (Royal) KPN NV provides telecommunications services throughout the Netherlands. The Company provides local, long distance, international, and mobile telecommunications services, voice&#45;mail, call forwarding, ISDN Internet lines, faxing, and communications services for businesses and individuals. KPN offers mobile telecommunications through E&#45;Plus in Germany and BASE in Belgium.&amp;nbsp;France Telecom SA | Telephone&#45;Integrated | Rdt: 11,7 | Beta: 0,8 France Telecom SA provides telecommunications services to residential, professional, and large business customers. The Company offers public fixed&#45;line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services, and telecommunications equipment sales and rentals.&amp;nbsp;Telefonica SA | Telephone&#45;Integrated | Rdt: 11,4 | Beta: 0,8 Telefonica S.A. provides telecommunications services mainly to countries in Europe and Latin America. The Company offers fixed&#45;line and mobile telephone, Internet, and data transmission services to residential and corporate customers.&amp;nbsp;Telecom Italia SpA | Telephone&#45;Integrated | Rdt: 7,1 | Beta: 0,9 Telecom Italia S.p.A., through subsidiaries, offers fixed line and mobile telephone and data transmission services in Italy and abroad. The Company offers local and long&#45;distance telephone, satellite communications, Internet access, and teleconferencing services.Services aux collectivitésSnam Rete Gas SpA | Gas&#45;Transportation | Rdt: 7,0 | Beta: 0,6 Snam Rete Gas S.p.A. owns and operates Italy&#8217;s natural&#45;gas distribution network. The Company transports gas on behalf of importers, distributors, and companies supplying Italian households. Rete owns a network of high&#45;and medium&#45;pressure pipes, including trunk lines connected to production and importation sites in Italy.&amp;nbsp;Centrica PLC | Gas&#45;Distribution | Rdt: 5,6 | Beta: 0,7 Centrica PLC is an integrated energy company offering a wide range of home and business energy solutions. The Company sources, generates, processes, stores, trades, saves and supplies energy and provides a range of related services.&amp;nbsp;Fortum OYJ | Electric&#45;Integrated | Rdt: 6,1 | Beta: 0,8 Fortum Oyj provides a full range of energy related products and services. The Company&#8217;s activities cover the generation, distribution, and sale of electricity and heat and steam, as well as the operation of power plants, and energy&#45;related services. Fortum operates worldwide but mainly in Northern Europe.&amp;nbsp;Endesa SA | Electric&#45;Integrated | Rdt: 6,4 | Beta: 0,8 Endesa, S.A. generates, distributes, and trades electricity in Spain, Italy, France, Portugal, North Africa, and Latin America. The Company distributes natural gas, operates co&#45;generation plants, and treats and distributes water.&amp;nbsp;EDF SA | Electric&#45;Integrated | Rdt: 6,2 | Beta: 0,9 EDF SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.&amp;nbsp;Enel SpA | Electric&#45;Integrated | Rdt: 9,1 | Beta: 0,9 Enel S.p.A. generates, transmits, distributes, and trades electricity. The Company operates hydroelectric, geothermal, and other generating plants. Enel, through subsidiaries, also provides fixed&#45;line and mobile telephone services, installs public lighting systems, and operates real estate, factoring, insurance, telecommunications, and Internet service provider businesses.&amp;nbsp;RWE AG | Electric&#45;Integrated | Rdt: 12,6 | Beta: 1,0 RWE AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. RWE AG operates mainly in Europe.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Europe

Consommation de base&amp;nbsp;Colruyt SA | Food&#45;Retail | Rdt: 3,2 | Beta: 0,6 Colruyt SA retails goods and offers computer and printing services. The Company retails food and non&#45;food items through Colruyt supermarkets, and Coccinelle, UGA, and Codi Cash supermarkets and cash and carry stores. It retails toys, baby products, and school supplies through Dreamland stores. Colruyt markets computers and offers programming services.&amp;nbsp;Parmalat SpA | Food&#45;Dairy Products | Rdt: 2,6 | Beta: 0,6 Parmalat SpA produces milk, dairy, and other food products. The Company markets a wide range of products, including yogurt, cream, fruit juices, and desserts.&amp;nbsp;Delhaize Group SA | Food&#45;Retail | Rdt: 4,0 | Beta: 0,8 Delhaize Group operates supermarkets, drugstores, discount stores, and health and beauty shops throughout Belgium and abroad. The stores operate under the names Food Lion, MegaImage, AB Mega, Delvita, Tom &amp;amp; Company, SuperIndo, Le Lion, A.D. Delhaize, Superettes Delhaize, Di, Caddy&#45;Home, P.G., Alfa&#45;Beta, Super Discount Markets, Kash N&#8217; Karry, Hannaford, Shop N&#8217; Go, and Proxy Delhaize.J Sainsbury PLC | Food&#45;Retail | Rdt: 5,8 | Beta: 0,8 J Sainsbury plc retails food. The Company operates Sainsbury supermarkets in the United Kingdom, convenience stores, an Internet&#45;based home delivery service, and Sainsbury Bank. The Bank offers saving accounts, credit cards, mortgages, insurance products, and consumer loans.Consommation discrétionnaire&amp;nbsp;SEB SA | Appliances | Rdt: 2,0 | Beta: 0,8 SEB SA manufactures small household appliances. The Company produces cookware, electric cookers, food and beverage preparation equipment, vacuum cleaners, and personal care items. SEB&#8217;s brand names include Tefal/T&#45;Fal, Rowenta, Calor, Arno, SEB, Moulinex, Krups and Samurai, and are sold in Europe, the Americas, India, Egypt, Australia, New Zealand, Thailand, Korea, and elsewhere in Asia.Services financiers&amp;nbsp;Basler Kantonalbank | Regional Banks&#45;Non US | Rdt: 2,5 | Beta: 0,3 Basler Kantonalbank is a Swiss regional bank. The Bank accepts deposits and offers mortgage and other loans, portfolio management, foreign currency trading, precious metals trading and other banking services. Basler Kantonalbank operates through a network of branches in the Canton of Basel.&amp;nbsp;Admiral Group PLC | Property/Casualty Ins | Rdt: 10,0 | Beta: 0,6 Admiral Group Plc principally sells private motor insurance, together with ancillary products, such as breakdown cover and cover for legal expenses. The Company markets directly to the public in the United Kingdom through its core brands, the Admiral brand, elephant.co.uk, Diamond, and Bell Direct.Santé&amp;nbsp;Rhoen Klinikum AG | Medical&#45;Hospitals | Rdt: 2,6 | Beta: 0,5 Rhoen&#45;Klinikum AG operates general, rehabilitation, and emergency health care facilities which offer inpatient and outpatient medical care to various communities in Germany. These clinics and hospitals offer cardiological, surgical, psychiatric, neurological and neurosurgical, orthopedic, addiction treatment, and physical therapy services.H Lundbeck A/S | Medical&#45;Drugs | Rdt: 3,5 | Beta: 0,7 H. Lundbeck A/S is an international pharmaceutical company. The Company researches, manufactures, and sells drugs for the treatment of psychiatric and neurological disorders. The Company focuses on mood disorders, dementia, anxiety, and sleep disorders. Lundbeck does research both in&#45;house and in cooperation with research centers. The Company markets its products worldwide.Orion OYJ | Medical&#45;Drugs | Rdt: 8,0 | Beta: 0,8 Orion Oyj develops and manufactures pharmaceuticals and diagnostic kits. The Company produces hormone therapies and drugs to treat central nervous system disorders, cardiovascular diseases and urological disorders, and in vitro diagnostic kits used in doctor&#8217;s offices and small laboratories.Celesio AG | Medical&#45;Whsle Drug Dist | Rdt: 4,0 | Beta: 0,8 Celesio AG wholesales and retails pharmaceuticals to customers in Europe. The Company wholesales pharmaceuticals, operates retail pharmacies, and provides logistics and transportation services for pharmaceuticals at local, national and European level.Industrie&amp;nbsp;Capita Group PLC/The | Human Resources | Rdt: 3,7 | Beta: 0,6 Capita Group Plc provides an integrated range of services across the United Kingdom&#8217;s public and private sectors. The Group provides customer services, human resource services, software services, systems and strategic support, and property services.&amp;nbsp;Thales SA | Aerospace/Defense | Rdt: 3,2 | Beta: 0,6 Thales SA manufactures aerospace systems and industrial electronics products. The Company manufactures radar and countermeasure systems, optronics and electron tubes, communications, navigation, and identification systems, air traffic management systems, computer hardware and software, missile defense systems, and semiconductors. Thales serves the civilian and military markets.&amp;nbsp;Aeroports de Paris | Airport Develop/Maint | Rdt: 2,9 | Beta: 0,8 Aeroports de Paris (ADP) manages all the civil airports in the Paris area. The Company also develops and operates light aircraft aerodromes. ADP offers air transport related services, and business services such as office rental.Services de télécommunication&amp;nbsp;Mobistar SA | Cellular Telecom | Rdt: 11,0 | Beta: 0,7 Mobistar SA offers mobile telephone services in Belgium through a GSM network, as well as fixed&#45;line services for international calls. The Company offers such services as pre&#45;paid calling cards, text messaging, mobile office access for business customers, and games.Services aux collectivités&amp;nbsp;Terna Rete Elettrica Nazionale SpA | Electric&#45;Transmission | Rdt: 8,1 | Beta: 0,7 Terna &#8211; Rete Elettrica Nazionale SpA transmits electricity over the high&#45;voltage and extra&#45;high voltage grid in Italy. Through subsidiaries, the Company owns a substantial share of the national electricity transmission grid.&amp;nbsp;Suez Environnement Co | Water | Rdt: 7,3 | Beta: 0,8 Suez Environnement Co. provides equipment and services for potable water supply. The Company also collects, treats, and distributes drinkable water. Suez Environnement also provides services for waste collection, recycling, recovery, treatment and disposal of urban and industrial waste.&amp;nbsp;Verbund AG | Electric&#45;Integrated | Rdt: 2,7 | Beta: 0,8 Verbund AG generates and distributes electricity. The Company operates local hydro and thermal power stations. Verbund also operates wind farms in Bruck an der Leitha, Hollern and Petronell&#45;Carnuntum.Foncières cotées&amp;nbsp;  Mercialys SA | REITS&#45;Diversified | Rdt: 5,3 | Beta: 0,7 Mercialys operates the strategic retail property business of Casino GuichardPerrachon SA, or Groupe Casino. The Company manages a large portfolio of shopping centers and restaurants adjacent to the Group&#8217;s own stores. Mercialys opted for the SIIC legal status in 2005.




	Petites capitalisations Europe

Consommation de base&amp;nbsp;Guyenne et Gascogne SA | Food&#45;Retail | Rdt: 5,9 | Beta: 0,5 Guyenne et Gascogne SA owns and operates hypermarkets and supermarkets throughout France and Spain under the names Carrefour and Squale. The Company owns some stores through joint ventures.&amp;nbsp;Sligro Food Group NV | Food&#45;Wholesale/Distrib | Rdt: 3,4 | Beta: 0,5 Sligro Food Group N.V. encompasses food retail and foodservice companies selling directly and indirectly to the entire Dutch food and beverages market. The Company distributes food, fresh produce, and related non&#45;food products. Sligro serves both general and specialized food retailers, restaurants, and large&#45;scale caterers.&amp;nbsp;Bonduelle S.C.A. | Food&#45;Misc/Diversified | Rdt: 2,5 | Beta: 0,5 Bonduelle SCA produces canned, frozen, and fresh vegetables for distribution in Europe. The Company markets its products under the Bonduelle, Cassegrain, and Marie Thomas brand names. Bonduelle is involved in all stages of production, from cutting and cleaning the vegetables to treatment, packaging, and distribution.&amp;nbsp;Grupa Zywiec SA | Brewery | Rdt: 10,4 | Beta: 0,5 Grupa Zywiec S.A. brews and distributes beer.&amp;nbsp;Bongrain SA | Food&#45;Dairy Products | Rdt: 3,3 | Beta: 0,6 Bongrain SA manufactures and distributes cheese and other dairy products throughout the world under the brand names Caprice des Dieux, Tartare, Alouette, and many others. The Company also produces gourmet food and provides catering services. It operates sales and production subsidiaries in Europe, the Americas, Asia, and Australia.&amp;nbsp;  Vilmorin &amp;amp; Cie | Agricultural Biotech | Rdt: 2,0 | Beta: 0,6 Vilmorin &amp;amp; Cie researches, produces, and markets vegetable and flower seeds. The Company sells seeds, flower bulbs, young plants, and pet products to amateur gardeners, horticulturists, and vegetable growers.Services financiers&amp;nbsp;  Jeudan A/S | Real Estate Mgmnt/Servic | Rdt: 2,9 | Beta: 0,5 Jeudan A/S is a real estate investment company. The Company owns, acquires, sells, maintains, and manages rental properties. Jeudan focuses on larger commercial and residential buildings primarily located in and around Copenhagen.&amp;nbsp;Credit Agricole Sud Rhone Alpes | Regional Banks&#45;Non US | Rdt: 8,0 | Beta: 0,5 Credit Agricole Sud Rhone Alpes is a regional bank serving southeastern France. The Bank offers credit to businesses, individuals, professionals, agricultural cooperatives and the public sector.&amp;nbsp;Credit Agricole du Languedoc | Regional Banks&#45;Non US | Rdt: 8,0 | Beta: 0,5 Credit Agricole du Languedoc is a regional bank in Southwestern France. The Bank provides loans and financing to individuals and businesses through local branches.&amp;nbsp;Credit Agricole Alpes Provence | Regional Banks&#45;Non US | Rdt: 6,6 | Beta: 0,5 Credit Agricole Alpes Provence provides lending, depository and other financial services in the Alpes and Provence regions.&amp;nbsp;Credit Agricole de Normandie Seine | Regional Banks&#45;Non US | Rdt: 8,5 | Beta: 0,6 Credit Agricole de Normandie&#45;Seine is a regional bank belonging to the Credit Agricole group. The Bank provides loans and financing to individuals and businesses.SantéSynergy Health PLC | Medical Labs&amp;amp;Testing Srv | Rdt: 2,2 | Beta: 0,5 Synergy Health PLC is an international supplier of outsourced support services to the healthcare market within the UK, Europe, South Africa and Asia. The Company&#8217;s main services include sterilisation of medical devices, infection control and other environmental management services, together with clinical pathology, occupational health and microbiological services.&amp;nbsp;Rhoen Klinikum AG | Medical&#45;Hospitals | Rdt: 2,6 | Beta: 0,5 Rhoen&#45;Klinikum AG operates general, rehabilitation, and emergency health care facilities which offer inpatient and outpatient medical care to various communities in Germany. These clinics and hospitals offer cardiological, surgical, psychiatric, neurological and neurosurgical, orthopedic, addiction treatment, and physical therapy services.&amp;nbsp;Recordati SpA | Medical&#45;Drugs | Rdt: 8,5 | Beta: 0,6 Recordati S.p.A. researches, manufactures, and markets prescription and non&#45;prescription pharmaceuticals and pharmaceutical chemicals. The Company&#8217;s pharmaceuticals include lercanidipine, a treatment for hypertension. Recordati is licensed to produce cardiovascular, gastroenterological, and central nervous system drugs. The Company sells its products throughout the world.Industrie&amp;nbsp;STEF&#45;TFE | Transport&#45;Services | Rdt: 3,6 | Beta: 0,4 STEF&#45;TFE is involved with the transportation and logistics of products that require controlled temperatures. The Company ships fresh and frozen foods such as meat and fish. The group also distributes pharmaceuticals.Technologie de l&#8217;information&amp;nbsp;  Fonciere Europe Logistique | REITS&#45;Warehouse/Industr | Rdt: 6,2 | Beta: 0,4 Fonciere Europe Logistique is a real estate investment company. The Company invests in warehouses. The Company opted for the SIIC legal status in 2007.Foncières cotées&amp;nbsp;  Fonciere Massena | Real Estate Oper/Develop | Rdt: 3,6 | Beta: 0,3 Fonciere Massena manages a portfolio of real estate investment composed of residential and commercial buildings, offices, and car parking lots.&amp;nbsp;  SIIC de Paris SA | REITS&#45;Diversified | Rdt: 2,6 | Beta: 0,4 SIIC de PARIS is involved in the leasing and rental of office, commercial, industrial and warehouse properties in France and French overseas territories. The Company opted for the SIIC legal status in 2004.&amp;nbsp;  Fonciere Developpement Logements SA | REITS&#45;Apartments | Rdt: 6,6 | Beta: 0,4 Fonciere Developpement Logements is a Real Estate company which manages the residential portfolio of Fonciere Des Regions. The Company opted for the SIIC legal status in 2006.&amp;nbsp;  Altarea | REITS&#45;Diversified | Rdt: 6,7 | Beta: 0,4 Altarea develops and manages shopping centers in France and Italy. The Company opted for the SIIC legal status in 2005.&amp;nbsp;  London &amp;amp; Stamford Property PLC | REITS&#45;Diversified | Rdt: 6,9 | Beta: 0,5 London &amp;amp; Stamford Property PLC is an investment company. The Company invests in commercial property, including office, retail and distribution real estate assets, principally in the UK and will also consider opportunities overseas.&amp;nbsp;  ANF Immobilier | REITS&#45;Diversified | Rdt: 5,5 | Beta: 0,5 ANF Immobilier is a real estate investment trust (societe dinvestissements immobiliers cotee). The Company owns a portfolio of commercial, office, and residential rental properties in Lyon and Marseille. ANF opted for the SIIC legal status in 2006&amp;nbsp;  Societe Fonciere Lyonnaise SA | REITS&#45;Diversified | Rdt: 6,1 | Beta: 0,5 Societe Fonciere Lyonnaise is a real estate investment and management company. The Company manages a portfolio of primarily office and retail properties in Paris&#8217; central business district. The Company opted for the SIIC legal status in 2003.&amp;nbsp;  Wereldhave Belgium NV | REITS&#45;Diversified | Rdt: 6,1 | Beta: 0,6 Wereldhave Belgium owns and operates offices, shopping centres, industrial properties, and residential properties. Investments are located in various locations in Belgium. Wereldhave Belgium&#8217;s parent company is the Dutch group Wereldhave N.V., which has offices in The Hague, London, Madrid, New York, and Paris.




	Grandes capitalisations Amérique

Consommation de base&amp;nbsp;Kellogg Co | Food&#45;Misc/Diversified | Rdt: 3,3 | Beta: 0,4 Kellogg Company manufactures and markets ready&#45;to&#45;eat cereal and other convenience foods. The Company&#8217;s products include cereals, cookies, crackers, toaster pastries, cereal bars, fruit snacks, frozen waffles and veggie foods. Kellogg markets its products in the United States, Canada, and other countries throughout the world.Consommation discrétionnaireTime Warner Cable Inc | Cable/Satellite TV | Rdt: 3,0 | Beta: 0,6 Time Warner Cable Inc. offers cable television subscription services. The Company also offers Internet access and voice over Internet protocol telephone services.&amp;nbsp;Thomson Reuters Corp | Multimedia | Rdt: 4,6 | Beta: 0,6 Thomson Reuters Corporation is an electronic information and solutions company that serves the global business and professional marketplace. The Company provides proprietary online systems and CD&#45;ROM products in information sectors such as legal and regulatory, financial, scientific reference and healthcare, and corporate training.Energie&amp;nbsp;PetroChina Co Ltd | Oil Comp&#45;Integrated | Rdt: 4,4 | Beta: 1,0 PetroChina Company Limited explores, develops, and produces crude oil and natural gas. The Company also refines, transports, and distributes crude oil and petroleum products, produces and sells chemicals, and transmits, markets and sells natural gas.Services financiers&amp;nbsp;Great&#45;West Lifeco Inc | Life/Health Insurance | Rdt: 6,2 | Beta: 0,7 Great&#45;West Lifeco Inc. is a financial services holding company with interests in the life insurance, health insurance, investment and retirement savings, and reinsurance businesses. The Company serves the financial security needs of people in Canada and the United States.&amp;nbsp;Bank of Montreal | Commer Banks Non&#45;US | Rdt: 5,0 | Beta: 0,8 Bank of Montreal, doing business as BMO Financial Group, is a Canadian chartered bank which operates throughout the world. The Bank offers commercial, corporate, governmental, international, personal banking, and trust services. Bank of Montreal also offers full brokerage, underwriting, investment, and advisory services.&amp;nbsp;Bank of Nova Scotia | Commer Banks Non&#45;US | Rdt: 4,0 | Beta: 0,8 Bank of Nova Scotia provides retail, commercial, international, corporate, investment and private banking services and products.&amp;nbsp;Power Financial Corp | Life/Health Insurance | Rdt: 5,5 | Beta: 0,8 Power Financial Corporation, through subsidiaries, is involved in insurance, international banking and investments, global asset management and investment counseling. In addition, the Company is involved in merchant banking in North America and Europe.Toronto&#45;Dominion Bank/The | Commer Banks Non&#45;US | Rdt: 3,5 | Beta: 0,9 The Toronto&#45;Dominion Bank conducts a general banking business through banking branches and offices located throughout Canada and overseas. The Bank and other subsidiaries offer a broad range of banking, advisory services, and discount brokerage to individuals, businesses, financial institutions, governments, and multinational corporations.Santé&amp;nbsp;Baxter International Inc | Medical Products | Rdt: 2,5 | Beta: 0,5 Baxter International Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. The Company&#8217;s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors&#8217; offices, and research laboratories.&amp;nbsp;Becton Dickinson and Co | Medical Products | Rdt: 2,3 | Beta: 0,6 Becton, Dickinson and Company is a global medical technology company engaged principally in the development, manufacture and sale of medical devices, instrument systems and reagents used by healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public.IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;informationAucune action ne répond aux critères quantitatifs !Services de télécommunicationAucune action ne répond aux critères quantitatifs !Services aux collectivitésAucune action ne répond aux critères quantitatifs !Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Amérique

Consommation de baseLoblaw Cos Ltd | Food&#45;Retail | Rdt: 2,2 | Beta: 0,6 Loblaw Companies Limited is a retail and wholesale food distributor with operations across Canada. The Company&#8217;s operations include both company and franchisee operated stores, warehouses, and cash and carry outlets.&amp;nbsp;George Weston Ltd | Food&#45;Misc/Diversified | Rdt: 14,0 | Beta: 0,6 George Weston Limited processes and distributes food throughout North America to grocer wholesalers, warehouses, and independent accounts. The Company also processes and packages fish.Consommation discrétionnaireShaw Communications Inc | Cable/Satellite TV | Rdt: 4,6 | Beta: 0,6 Shaw Communications, Inc. provides broadband cable television, Internet, and satellite television services.Energie&amp;nbsp;Inergy LP | Retail&#45;Propane Distrib | Rdt: 11,6 | Beta: 0,5 Inergy, L.P. is an energy infrastructure and distribution company. Inergy operates a retail and wholesale propane supply, marketing and distribution business. The Company also operates a midstream business that includes a natural gas storage business, a liquefied petroleum gas storage business, a natural gas liquids business and a solution&#45;mining and salt production company.Services financiersNorthern Trust Corp | Fiduciary Banks | Rdt: 2,8 | Beta: 0,7 Northern Trust Corporation is a financial holding company that provides investment management, asset and fund administration, fiduciary, and banking solutions for corporations, institutions, and affluent individuals. Northern trusts banking operations are its primary operations.IndustrieRepublic Services Inc | Non&#45;hazardous Waste Disp | Rdt: 2,9 | Beta: 0,7 Republic Services, Inc. provides non&#45;hazardous solid waste collection and disposal services in the United States. The Company provides solid waste collection services for commercial, industrial, municipal, and residential customers. Republic also operates transfer stations, landfills, and recycling facilities.Technologie de l&#8217;information&amp;nbsp;Harris Corp | Telecommunication Equip | Rdt: 2,9 | Beta: 0,7 Harris Corporation is an international communications equipment company focused on product, system, and service solutions. The Company provides a range of mission critical communications products, systems and services for global markets, including defense communications and electronics, government communications, broadcast communications and wireless transmission network solutions.Services de télécommunication&amp;nbsp;Frontier Communications Corp | Telephone&#45;Integrated | Rdt: 14,6 | Beta: 0,6 Frontier Communications Corporation provides communications services to rural areas and small and medium&#45;sized towns and cities. The Company offers a variety of voice, data, and Internet, and television services.Windstream Corp | Telephone&#45;Integrated | Rdt: 8,3 | Beta: 0,7 Windstream Corporation offers telecommunications services to residential and business customers in rural communities in the United States. The Company provides local telephone, high&#45;speed Internet, long distance, network access, and video services in multiple states.Services aux collectivitésEmpresa Nacional de Electricid&#8230; | Electric&#45;Integrated | Rdt: 4,6 | Beta: 0,3 Empresa Nacional de Electricidad S.A. (Endesa&#45;Chile) and its subsidiaries generate and supply electricity. The Company owns and operates generating plants, and offers civil, mechanical, and electrical engineering, architectural, environmental, and project management services.Foncières cotées&amp;nbsp;Chimera Investment Corp | REITS&#45;Mortgage | Rdt: 20,8 | Beta: 0,8 Chimera Investment Corporation is a specialty finance company. The Company invests in residential mortgage loans, residential mortgage&#45;backed securities, real estate&#45;related securities and various other asset classes.




	Petites capitalisations Amérique

Santé&amp;nbsp;Owens &amp;amp; Minor Inc | Distribution/Wholesale | Rdt: 2,8 | Beta: 0,5 Owens &amp;amp; Minor, Inc. distributes medical/surgical supplies throughout the United States. The Company&#8217;s customers include hospitals, integrated healthcare systems, and group purchasing organizations. Owens &amp;amp; Minor also provides services in supply chain management, logistics, and technology.Industrie&amp;nbsp;Covanta Holding Corp | Energy&#45;Alternate Sources | Rdt: 2,2 | Beta: 0,5 Covanta Holding Corporation conducts operations in waste disposal, energy services, and specialty insurance. The Company also owns and operates waste&#45;to&#45;energy and power generation projects. Covanta&#8217;s waste&#45;to&#45;energy facilities convert municipal solid waste into renewable energy for communities primarily in the United States.Foncières cotées&amp;nbsp;Investors Real Estate Trust | REITS&#45;Diversified | Rdt: 8,5 | Beta: 0,4 Investors Real Estate Trust is a Real Estate Investment Trust (REIT), which is structured as an umbrella real estate investment trust (UPREIT). The company owns and operates residential, commercial, retail, and office properties. Investors Real Estate Trust also has investments in mortgages and contracts for deeds secured by real estate.




	Grandes capitalisations Asie/Pacifique

Consommation de baseAucune action ne répond aux critères quantitatifs !Consommation discrétionnaireAucune action ne répond aux critères quantitatifs !EnergieAucune action ne répond aux critères quantitatifs !Services financiers&amp;nbsp;Hang Seng Bank Ltd | Commer Banks Non&#45;US | Rdt: 5,6 | Beta: 0,7 Hang Seng Bank Limited and its subsidiaries provide banking and related financial services.&amp;nbsp;United Overseas Bank Ltd | Commer Banks Non&#45;US | Rdt: 4,5 | Beta: 1,0 United Overseas Bank Limited offers a full range of commercial banking and financial services. The Company offers private banking, trust services, venture capital investment, merchant banking, brokerage services, insurance, fund management, derivatives trading, precious metal trading, factoring, hire purchase, and life insurance.&amp;nbsp;DBS Group Holdings Ltd | Commer Banks Non&#45;US | Rdt: 4,8 | Beta: 1,0 DBS Group Holdings Limited and its subsidiaries provide a variety of financial services. The Company&#8217;s services include mortgage financing, lease and hire purchase financing, nominee and trustee, funds management, corporate advisory and brokerage . DBS Group also acts as the primary dealer in Singapore government securities.&amp;nbsp;HSBC Holdings PLC | Diversified Banking Inst | Rdt: 5,1 | Beta: 1,0 HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.&amp;nbsp;  Oversea&#45;Chinese Banking Corp Ltd | Commer Banks Non&#45;US | Rdt: 3,8 | Beta: 1,0 Oversea&#45;Chinese Banking Corporation Limited offers a comprehensive range of financial services. The Company&#8217;s services include deposit&#45;taking, corporate, enterprise and personal lending, international trade financing, investment banking, private banking, treasury, stockbroking, insurance, credit cards, cash management, asset management and other financial and related services.&amp;nbsp;  Hang Lung Properties Ltd | Real Estate Oper/Develop | Rdt: 3,1 | Beta: 1,0 Hang Lung Properties Limited, through its subsidiaries, invests in, develops, and manages properties. The Company also manages parking lots.SantéTakeda Pharmaceutical Co Ltd | Medical&#45;Drugs | Rdt: 5,5 | Beta: 0,6 Takeda Pharmaceutical Company Limited mainly manufactures and sells pharmaceuticals, food supplements, and chemical products like polyurethane. The Company also produces food, agrochemicals, and environment&#45;related products such as pollution detectors. Takeda Pharmaceutical researches, develops, and promotes the products through its related companies in the US, Europe, and Asia.IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;information&amp;nbsp;Nintendo Co Ltd | Toys | Rdt: 2,9 | Beta: 0,9 Nintendo Co., Ltd. globally develops, manufactures and sells home&#45;use video game hardware and software in home entertainment business. The company also produces home&#45;game products including cards.&amp;nbsp;Canon Inc | Office Automation&amp;amp;Equip | Rdt: 3,7 | Beta: 1,0 CANON INC. is a professional and consumer imaging solutions company and patent&#45;holder of digital imaging technologies. The Company&#8217;s products include networked multifunction devices, digital and analog copiers, computer peripherals, facsimile machines, image filing systems, camcorders, cameras and lenses, semiconductor, and broadcast and medical equipment.&amp;nbsp;Kyocera Corp | Electronic Compo&#45;Misc | Rdt: 2,1 | Beta: 1,0 KYOCERA CORPORATION manufacturers electronic equipment and components. The Company&#8217;s products include telecommunication equipment, information equipment, optical equipment, ceramic products, semiconductor parts, chips, hybrid integrated circuits, thermal printheads, image sensors, liquid crystal displays, and connectors. Kyocera operates worldwide.Services de télécommunicationNTT DoCoMo Inc | Cellular Telecom | Rdt: 3,9 | Beta: 0,7 NTT DOCOMO, INC. provides various types of telecommunication services including cellular phones, satellite mobile communication, and wireless LAN Network. The Company also sells cellular phones, and other equipment.&amp;nbsp;KDDI Corp | Telephone&#45;Integrated | Rdt: 3,0 | Beta: 0,8 KDDI CORPORATION provides mobile communication services and sells mobile devices. The Company also is a broadband provider.Services aux collectivités&amp;nbsp;Kansai Electric Power Co Inc/The | Electric&#45;Integrated | Rdt: 5,2 | Beta: 0,5 The Kansai Electric Power Company, Incorporated generates electricity from hydroelectric, thermal, geothermal, and nuclear power sources. The Company distributes electricity to Osaka and the surrounding Kansai area. Kansai Electric also constructs and maintains electrical power facilities.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Asie/Pacifique

Consommation de base&amp;nbsp;Thai Beverage PCL | Brewery | Rdt: 5,8 | Beta: 0,6 Thai Beverage Public Company Limited produces a wide range of branded beer and spirits in Thailand.Industrie&amp;nbsp;Singapore Technologies Enginee&#8230; | Engineering/R&amp;amp;D Services | Rdt: 5,4 | Beta: 0,7 Singapore Technologies Engineering Limited specializes in aerospace, electronics, land defense systems, and marine capabilities for defense and commercial enterprises. The Company provides integrated aerospace, engineering, and maintenance services for military and commercial aircraft.Foncières cotées&amp;nbsp;  Ascendas Real Estate Investmen&#8230; | REITS&#45;Diversified | Rdt: 7,1 | Beta: 0,7 Ascendas Real Estate Investment Trust (A&#45;REIT) is a property trust constituted by a trust deed. A&#45;REIT owns and invests in a diverse, income producing portfolio of business park (including science park), light industrial, hi&#45;tech industrial and logistic properties in Singapore.




	Petites capitalisations Asie/Pacifique

Services financiers&amp;nbsp;BT Investment Management Ltd | Invest Mgmnt/Advis Serv | Rdt: 12,9 | Beta: 0,4 BT Investment Management Ltd. manages funds on behalf of retail and institutional clients and other intermediaries. The Company invests funds in a range of asset classes including equities, fixed income, cash, and alternatives.Industrie&amp;nbsp;Singapore Post Ltd | Transport&#45;Services | Rdt: 6,7 | Beta: 0,5 Singapore Post Limited provides domestic and international postal services. The Company is also involved in logistic business and has a retail distribution network in Singapore.&amp;nbsp;Hong Kong Aircraft Engineering&#8230; | Engineering/R&amp;amp;D Services | Rdt: 2,4 | Beta: 0,5 Hong Kong Aircraft Engineering Company Limited maintains and overhauls commercial aircrafts. The Company performs comprehensive checks, refurbishments and reconfigurations of airframes and engines.




	Opportunités d&#8217;achat actions : remarques

	Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de Bloomberg et Yahoo, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.

	Rappelez&#45;vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. L&#8217;investisseur heureux préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.</description>
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	            <title>Achat actions : opportunités au 11/12/2011</title>
	            <description>Notez que la notation avec des étoiles correspond à la proximité avec le plus bas et l&#8216;éloignement avec le plus haut à 52 semaines et n&#8217;est pas une mesure qualitative. Une société rayée signifie qu&#8217;elle était présente la semaine dernière mais disparaît cette semaine.

	Grandes capitalisations Europe

Consommation de base&amp;nbsp;  Carrefour SA | Food&#45;Retail | Rdt: 5,8 | Beta: 1,0 Carrefour SA operates chains of supermarkets, hypermarkets, discount, cash and carry, and frozen food stores in Europe, the Americas, and Asia.Consommation discrétionnaireAucune action ne répond aux critères quantitatifs !EnergieAucune action ne répond aux critères quantitatifs !Services financiers&amp;nbsp;HSBC Holdings PLC | Diversified Banking Inst | Rdt: 5,3 | Beta: 1,0 HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.SantéAucune action ne répond aux critères quantitatifs !IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseArcelorMittal | Steel&#45;Producers | Rdt: 3,8 | Beta: 1,0 ArcelorMittal produces steel. The Company manufactures cold rolled, electrogalvanized and coated steels, slabs, special quality bars, and wire rods. Arcelor Mittal has steel making operations in Europe, the Americas, Asia, and Africa.Technologie de l&#8217;information&amp;nbsp;Telefonaktiebolaget LM Ericsson | Wireless Equipment | Rdt: 3,3 | Beta: 0,9 Telefonaktiebolaget LM Ericsson develops and manufactures products for wired and mobile communications in public and private networks. The Company produces mobile telephones through its Sony Ericsson joint venture. Ericsson manufactures and installs wired and wireless communications systems, wireless microwave links, call center equipment, microelectronics, and radar systems.&amp;nbsp;Nokia OYJ | Wireless Equipment | Rdt: 10,4 | Beta: 1,0 Nokia Corporation is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks.Services de télécommunication&amp;nbsp;Swisscom AG | Telephone&#45;Integrated | Rdt: 3,5 | Beta: 0,6 Swisscom AG operates public telecommunications networks and offers network application services. The Company provides local, long&#45;distance, and mobile telephone services, integrated voice and data digital services, network solutions to national and international telecommunications operators, and Internet access services, and owns and operates pay telephones.&amp;nbsp;Koninklijke KPN NV | Telephone&#45;Integrated | Rdt: 9,0 | Beta: 0,7 Koninklijke (Royal) KPN NV provides telecommunications services throughout the Netherlands. The Company provides local, long distance, international, and mobile telecommunications services, voice&#45;mail, call forwarding, ISDN Internet lines, faxing, and communications services for businesses and individuals. KPN offers mobile telecommunications through E&#45;Plus in Germany and BASE in Belgium.&amp;nbsp;Telefonica SA | Telephone&#45;Integrated | Rdt: 10,9 | Beta: 0,8 Telefonica S.A. provides telecommunications services mainly to countries in Europe and Latin America. The Company offers fixed&#45;line and mobile telephone, Internet, and data transmission services to residential and corporate customers.Services aux collectivités&amp;nbsp;Snam Rete Gas SpA | Gas&#45;Transportation | Rdt: 7,1 | Beta: 0,6 Snam Rete Gas S.p.A. owns and operates Italy&#8217;s natural&#45;gas distribution network. The Company transports gas on behalf of importers, distributors, and companies supplying Italian households. Rete owns a network of high&#45;and medium&#45;pressure pipes, including trunk lines connected to production and importation sites in Italy.&amp;nbsp;Centrica PLC | Gas&#45;Distribution | Rdt: 5,7 | Beta: 0,7 Centrica PLC is an integrated energy company offering a wide range of home and business energy solutions. The Company sources, generates, processes, stores, trades, saves and supplies energy and provides a range of related services.&amp;nbsp;Fortum OYJ | Electric&#45;Integrated | Rdt: 6,1 | Beta: 0,8 Fortum Oyj provides a full range of energy related products and services. The Company&#8217;s activities cover the generation, distribution, and sale of electricity and heat and steam, as well as the operation of power plants, and energy&#45;related services. Fortum operates worldwide but mainly in Northern Europe.&amp;nbsp;Endesa SA | Electric&#45;Integrated | Rdt: 6,2 | Beta: 0,8 Endesa, S.A. generates, distributes, and trades electricity in Spain, Italy, France, Portugal, North Africa, and Latin America. The Company distributes natural gas, operates co&#45;generation plants, and treats and distributes water.&amp;nbsp;EDF SA | Electric&#45;Integrated | Rdt: 5,8 | Beta: 0,9 EDF SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.&amp;nbsp;Enel SpA | Electric&#45;Integrated | Rdt: 8,9 | Beta: 0,9 Enel S.p.A. generates, transmits, distributes, and trades electricity. The Company operates hydroelectric, geothermal, and other generating plants. Enel, through subsidiaries, also provides fixed&#45;line and mobile telephone services, installs public lighting systems, and operates real estate, factoring, insurance, telecommunications, and Internet service provider businesses.&amp;nbsp;RWE AG | Electric&#45;Integrated | Rdt: 12,5 | Beta: 1,0 RWE AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. RWE AG operates mainly in Europe.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Europe

Consommation de base&amp;nbsp;Colruyt SA | Food&#45;Retail | Rdt: 3,3 | Beta: 0,6 Colruyt SA retails goods and offers computer and printing services. The Company retails food and non&#45;food items through Colruyt supermarkets, and Coccinelle, UGA, and Codi Cash supermarkets and cash and carry stores. It retails toys, baby products, and school supplies through Dreamland stores. Colruyt markets computers and offers programming services.&amp;nbsp;Parmalat SpA | Food&#45;Dairy Products | Rdt: 2,5 | Beta: 0,6 Parmalat SpA produces milk, dairy, and other food products. The Company markets a wide range of products, including yogurt, cream, fruit juices, and desserts.&amp;nbsp;Delhaize Group SA | Food&#45;Retail | Rdt: 4,0 | Beta: 0,8 Delhaize Group operates supermarkets, drugstores, discount stores, and health and beauty shops throughout Belgium and abroad. The stores operate under the names Food Lion, MegaImage, AB Mega, Delvita, Tom &amp;amp; Company, SuperIndo, Le Lion, A.D. Delhaize, Superettes Delhaize, Di, Caddy&#45;Home, P.G., Alfa&#45;Beta, Super Discount Markets, Kash N&#8217; Karry, Hannaford, Shop N&#8217; Go, and Proxy Delhaize.Consommation discrétionnaireOPAP SA | Gambling (Non&#45;Hotel) | Rdt: 23,2 | Beta: 0,8 OPAP SA accepts bets on sporting events and lottery games. The Company organizes and manages bets on soccer games.Services financiers&amp;nbsp;Basler Kantonalbank | Regional Banks&#45;Non US | Rdt: 2,6 | Beta: 0,3 Basler Kantonalbank is a Swiss regional bank. The Bank accepts deposits and offers mortgage and other loans, portfolio management, foreign currency trading, precious metals trading and other banking services. Basler Kantonalbank operates through a network of branches in the Canton of Basel.&amp;nbsp;Admiral Group PLC | Property/Casualty Ins | Rdt: 9,7 | Beta: 0,6 Admiral Group Plc principally sells private motor insurance, together with ancillary products, such as breakdown cover and cover for legal expenses. The Company markets directly to the public in the United Kingdom through its core brands, the Admiral brand, elephant.co.uk, Diamond, and Bell Direct.Santé&amp;nbsp;Rhoen Klinikum AG | Medical&#45;Hospitals | Rdt: 2,6 | Beta: 0,5 Rhoen&#45;Klinikum AG operates general, rehabilitation, and emergency health care facilities which offer inpatient and outpatient medical care to various communities in Germany. These clinics and hospitals offer cardiological, surgical, psychiatric, neurological and neurosurgical, orthopedic, addiction treatment, and physical therapy services.&amp;nbsp;H Lundbeck A/S | Medical&#45;Drugs | Rdt: 3,5 | Beta: 0,7 H. Lundbeck A/S is an international pharmaceutical company. The Company researches, manufactures, and sells drugs for the treatment of psychiatric and neurological disorders. The Company focuses on mood disorders, dementia, anxiety, and sleep disorders. Lundbeck does research both in&#45;house and in cooperation with research centers. The Company markets its products worldwide.Industrie&amp;nbsp;Capita Group PLC/The | Human Resources | Rdt: 3,7 | Beta: 0,6 Capita Group Plc provides an integrated range of services across the United Kingdom&#8217;s public and private sectors. The Group provides customer services, human resource services, software services, systems and strategic support, and property services.&amp;nbsp;Thales SA | Aerospace/Defense | Rdt: 2,2 | Beta: 0,7 Thales SA manufactures aerospace systems and industrial electronics products. The Company manufactures radar and countermeasure systems, optronics and electron tubes, communications, navigation, and identification systems, air traffic management systems, computer hardware and software, missile defense systems, and semiconductors. Thales serves the civilian and military markets.&amp;nbsp;Aeroports de Paris | Airport Develop/Maint | Rdt: 2,9 | Beta: 0,8 Aeroports de Paris (ADP) manages all the civil airports in the Paris area. The Company also develops and operates light aircraft aerodromes. ADP offers air transport related services, and business services such as office rental.Services de télécommunication&amp;nbsp;Mobistar SA | Cellular Telecom | Rdt: 11,1 | Beta: 0,7 Mobistar SA offers mobile telephone services in Belgium through a GSM network, as well as fixed&#45;line services for international calls. The Company offers such services as pre&#45;paid calling cards, text messaging, mobile office access for business customers, and games.Services aux collectivités&amp;nbsp;Suez Environnement Co | Water | Rdt: 7,1 | Beta: 0,8 Suez Environnement Co. provides equipment and services for potable water supply. The Company also collects, treats, and distributes drinkable water. Suez Environnement also provides services for waste collection, recycling, recovery, treatment and disposal of urban and industrial waste.&amp;nbsp;Verbund AG | Electric&#45;Integrated | Rdt: 2,8 | Beta: 0,8 Verbund AG generates and distributes electricity. The Company operates local hydro and thermal power stations. Verbund also operates wind farms in Bruck an der Leitha, Hollern and Petronell&#45;Carnuntum.Foncières cotées&amp;nbsp;  Mercialys SA | REITS&#45;Diversified | Rdt: 5,3 | Beta: 0,7 Mercialys operates the strategic retail property business of Casino GuichardPerrachon SA, or Groupe Casino. The Company manages a large portfolio of shopping centers and restaurants adjacent to the Group&#8217;s own stores. Mercialys opted for the SIIC legal status in 2005.




	Petites capitalisations Europe

Consommation de baseGuyenne et Gascogne SA | Food&#45;Retail | Rdt: 5,5 | Beta: 0,4 Guyenne et Gascogne SA owns and operates hypermarkets and supermarkets throughout France and Spain under the names Carrefour and Squale. The Company owns some stores through joint ventures.&amp;nbsp;Sligro Food Group NV | Food&#45;Wholesale/Distrib | Rdt: 3,4 | Beta: 0,5 Sligro Food Group N.V. encompasses food retail and foodservice companies selling directly and indirectly to the entire Dutch food and beverages market. The Company distributes food, fresh produce, and related non&#45;food products. Sligro serves both general and specialized food retailers, restaurants, and large&#45;scale caterers.&amp;nbsp;Grupa Zywiec SA | Brewery | Rdt: 10,2 | Beta: 0,5 Grupa Zywiec S.A. brews and distributes beer.&amp;nbsp;Bongrain SA | Food&#45;Dairy Products | Rdt: 3,3 | Beta: 0,5 Bongrain SA manufactures and distributes cheese and other dairy products throughout the world under the brand names Caprice des Dieux, Tartare, Alouette, and many others. The Company also produces gourmet food and provides catering services. It operates sales and production subsidiaries in Europe, the Americas, Asia, and Australia.Services financiers&amp;nbsp;Jeudan A/S | Real Estate Mgmnt/Servic | Rdt: 2,9 | Beta: 0,5 Jeudan A/S is a real estate investment company. The Company owns, acquires, sells, maintains, and manages rental properties. Jeudan focuses on larger commercial and residential buildings primarily located in and around Copenhagen.&amp;nbsp;Credit Agricole Sud Rhone Alpes | Regional Banks&#45;Non US | Rdt: 7,8 | Beta: 0,5 Credit Agricole Sud Rhone Alpes is a regional bank serving southeastern France. The Bank offers credit to businesses, individuals, professionals, agricultural cooperatives and the public sector.&amp;nbsp;Credit Agricole du Languedoc | Regional Banks&#45;Non US | Rdt: 7,6 | Beta: 0,5 Credit Agricole du Languedoc is a regional bank in Southwestern France. The Bank provides loans and financing to individuals and businesses through local branches.&amp;nbsp;Credit Agricole Alpes Provence | Regional Banks&#45;Non US | Rdt: 6,2 | Beta: 0,5 Credit Agricole Alpes Provence provides lending, depository and other financial services in the Alpes and Provence regions.&amp;nbsp;Credit Agricole de Normandie Seine | Regional Banks&#45;Non US | Rdt: 8,7 | Beta: 0,6 Credit Agricole de Normandie&#45;Seine is a regional bank belonging to the Credit Agricole group. The Bank provides loans and financing to individuals and businesses.Santé&amp;nbsp;  Synergy Health PLC | Medical Labs&amp;amp;Testing Srv | Rdt: 2,2 | Beta: 0,5 Synergy Health PLC is an international supplier of outsourced support services to the healthcare market within the UK, Europe, South Africa and Asia. The Company&#8217;s main services include sterilisation of medical devices, infection control and other environmental management services, together with clinical pathology, occupational health and microbiological services.&amp;nbsp;Rhoen Klinikum AG | Medical&#45;Hospitals | Rdt: 2,6 | Beta: 0,5 Rhoen&#45;Klinikum AG operates general, rehabilitation, and emergency health care facilities which offer inpatient and outpatient medical care to various communities in Germany. These clinics and hospitals offer cardiological, surgical, psychiatric, neurological and neurosurgical, orthopedic, addiction treatment, and physical therapy services.&amp;nbsp;Recordati SpA | Medical&#45;Drugs | Rdt: 8,5 | Beta: 0,6 Recordati S.p.A. researches, manufactures, and markets prescription and non&#45;prescription pharmaceuticals and pharmaceutical chemicals. The Company&#8217;s pharmaceuticals include lercanidipine, a treatment for hypertension. Recordati is licensed to produce cardiovascular, gastroenterological, and central nervous system drugs. The Company sells its products throughout the world.Industrie&amp;nbsp;  STEF&#45;TFE | Transport&#45;Services | Rdt: 3,5 | Beta: 0,4 STEF&#45;TFE is involved with the transportation and logistics of products that require controlled temperatures. The Company ships fresh and frozen foods such as meat and fish. The group also distributes pharmaceuticals.Technologie de l&#8217;information&amp;nbsp;Fonciere Europe Logistique | REITS&#45;Warehouse/Industr | Rdt: 6,1 | Beta: 0,4 Fonciere Europe Logistique is a real estate investment company. The Company invests in warehouses. The Company opted for the SIIC legal status in 2007.Services aux collectivités&amp;nbsp;  Ascopiave SpA | Gas&#45;Distribution | Rdt: 7,7 | Beta: 0,5 Ascopiave SpA is a natural gas distributor.Foncières cotées&amp;nbsp;Fonciere Massena | Real Estate Oper/Develop | Rdt: 3,6 | Beta: 0,3 Fonciere Massena manages a portfolio of real estate investment composed of residential and commercial buildings, offices, and car parking lots.&amp;nbsp;SIIC de Paris SA | REITS&#45;Diversified | Rdt: 2,6 | Beta: 0,4 SIIC de PARIS is involved in the leasing and rental of office, commercial, industrial and warehouse properties in France and French overseas territories. The Company opted for the SIIC legal status in 2004.&amp;nbsp;Fonciere Developpement Logements SA | REITS&#45;Apartments | Rdt: 6,4 | Beta: 0,4 Fonciere Developpement Logements is a Real Estate company which manages the residential portfolio of Fonciere Des Regions. The Company opted for the SIIC legal status in 2006.Altarea | REITS&#45;Diversified | Rdt: 6,6 | Beta: 0,4 Altarea develops and manages shopping centers in France and Italy. The Company opted for the SIIC legal status in 2005.&amp;nbsp;ANF Immobilier | REITS&#45;Diversified | Rdt: 5,5 | Beta: 0,5 ANF Immobilier is a real estate investment trust (societe dinvestissements immobiliers cotee). The Company owns a portfolio of commercial, office, and residential rental properties in Lyon and Marseille. ANF opted for the SIIC legal status in 2006&amp;nbsp;Societe Fonciere Lyonnaise SA | REITS&#45;Diversified | Rdt: 8,3 | Beta: 0,5 Societe Fonciere Lyonnaise is a real estate investment and management company. The Company manages a portfolio of primarily office and retail properties in Paris&#8217; central business district. The Company opted for the SIIC legal status in 2003.&amp;nbsp;  London &amp;amp; Stamford Property PLC | REITS&#45;Diversified | Rdt: 7,2 | Beta: 0,5 London &amp;amp; Stamford Property PLC is an investment company. The Company invests in commercial property, including office, retail and distribution real estate assets, principally in the UK and will also consider opportunities overseas.&amp;nbsp;Wereldhave Belgium NV | REITS&#45;Diversified | Rdt: 6,1 | Beta: 0,6 Wereldhave Belgium owns and operates offices, shopping centres, industrial properties, and residential properties. Investments are located in various locations in Belgium. Wereldhave Belgium&#8217;s parent company is the Dutch group Wereldhave N.V., which has offices in The Hague, London, Madrid, New York, and Paris.




	Grandes capitalisations Amérique

Consommation de base&amp;nbsp;Kellogg Co | Food&#45;Misc/Diversified | Rdt: 3,4 | Beta: 0,4 Kellogg Company manufactures and markets ready&#45;to&#45;eat cereal and other convenience foods. The Company&#8217;s products include cereals, cookies, crackers, toaster pastries, cereal bars, fruit snacks, frozen waffles and veggie foods. Kellogg markets its products in the United States, Canada, and other countries throughout the world.Consommation discrétionnaire&amp;nbsp;  Time Warner Cable Inc | Cable/Satellite TV | Rdt: 3,1 | Beta: 0,5 Time Warner Cable Inc. offers cable television subscription services. The Company also offers Internet access and voice over Internet protocol telephone services.&amp;nbsp;Thomson Reuters Corp | Multimedia | Rdt: 4,5 | Beta: 0,6 Thomson Reuters Corporation is an electronic information and solutions company that serves the global business and professional marketplace. The Company provides proprietary online systems and CD&#45;ROM products in information sectors such as legal and regulatory, financial, scientific reference and healthcare, and corporate training.EnergieAucune action ne répond aux critères quantitatifs !Services financiers&amp;nbsp;Great&#45;West Lifeco Inc | Life/Health Insurance | Rdt: 6,1 | Beta: 0,7 Great&#45;West Lifeco Inc. is a financial services holding company with interests in the life insurance, health insurance, investment and retirement savings, and reinsurance businesses. The Company serves the financial security needs of people in Canada and the United States.&amp;nbsp;  Bank of Montreal | Commer Banks Non&#45;US | Rdt: 4,9 | Beta: 0,8 Bank of Montreal, doing business as BMO Financial Group, is a Canadian chartered bank which operates throughout the world. The Bank offers commercial, corporate, governmental, international, personal banking, and trust services. Bank of Montreal also offers full brokerage, underwriting, investment, and advisory services.Canadian Imperial Bank of Comm&#8230; | Commer Banks Non&#45;US | Rdt: 4,9 | Beta: 0,8 Canadian Imperial Bank of Commerce provides banking and financial services to consumers, individuals, and corporate clients in Canada and around the world.&amp;nbsp;Bank of Nova Scotia | Commer Banks Non&#45;US | Rdt: 4,2 | Beta: 0,8 Bank of Nova Scotia provides retail, commercial, international, corporate, investment and private banking services and products.&amp;nbsp;Power Financial Corp | Life/Health Insurance | Rdt: 5,5 | Beta: 0,9 Power Financial Corporation, through subsidiaries, is involved in insurance, international banking and investments, global asset management and investment counseling. In addition, the Company is involved in merchant banking in North America and Europe.Toronto&#45;Dominion Bank/The | Commer Banks Non&#45;US | Rdt: 3,6 | Beta: 0,9 The Toronto&#45;Dominion Bank conducts a general banking business through banking branches and offices located throughout Canada and overseas. The Bank and other subsidiaries offer a broad range of banking, advisory services, and discount brokerage to individuals, businesses, financial institutions, governments, and multinational corporations.Banco Santander Brasil SA/Brazil | Commer Banks Non&#45;US | Rdt: 8,0 | Beta: 1,7 Banco Santander Brasil SA attracts deposits and offers retail, commercial and private banking, and asset management services. The Bank offers consumer credit, mortgage loans, lease financing, mutual funds, insurance, commercial credit, investment banking services, and structured finance.Santé&amp;nbsp;  Baxter International Inc | Medical Products | Rdt: 2,5 | Beta: 0,5 Baxter International Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. The Company&#8217;s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors&#8217; offices, and research laboratories.&amp;nbsp;Becton Dickinson and Co | Medical Products | Rdt: 2,3 | Beta: 0,6 Becton, Dickinson and Company is a global medical technology company engaged principally in the development, manufacture and sale of medical devices, instrument systems and reagents used by healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public.IndustrieAucune action ne répond aux critères quantitatifs !Matériaux de baseAucune action ne répond aux critères quantitatifs !Technologie de l&#8217;informationAucune action ne répond aux critères quantitatifs !Services de télécommunicationAucune action ne répond aux critères quantitatifs !Services aux collectivités&amp;nbsp;PG&amp;amp;E Corp | Electric&#45;Integrated | Rdt: 4,8 | Beta: 0,2 PG&amp;amp;E Corporation is a holding company that holds interests in energy based businesses. The Company&#8217;s holdings include a public utility operating in northern and central California that provides electricity and natural gas distribution; electricity generation, procurement, and transmission; and natural gas procurement, transportation, and storage.Foncières cotéesAucune action ne répond aux critères quantitatifs !




	Moyennes capitalisations Amérique

Consommation de baseGeorge Weston Ltd | Food&#45;Misc/Diversified | Rdt: 13,4 | Beta: 0,6 George Weston Limited processes and distributes food throughout North America to grocer wholesalers, warehouses, and independent accounts. The Company also processes and packages fish.Molson Coors Brewing Co | Brewery | Rdt: 3,0 | Beta: 0,7 Molson Coors Brewing Company brews beer through breweries in Canada, the United States and the United Kingdom. The Company conducts operations worldwide.Saputo Inc | Food&#45;Dairy Products | Rdt: 1,8 | Beta: 0,7 Saputo Inc. manufactures dairy and grocery products. The Company manufactures Italian cheeses, European cheeses, and North American cheeses. Saputo also operates a distribution network through which it markets a variety of imported cheeses and non&#45;dairy products to complement its cheese offerings. The Company also produces and distributes snack cakes, cookies, breads, and soups.Energie&amp;nbsp;Inergy LP | Retail&#45;Propane Distrib | Rdt: 11,8 | Beta: 0,5 Inergy, L.P. is an energy infrastructure and distribution company. Inergy operates a retail and wholesale propane supply, marketing and distribution business. The Company also operates a midstream business that includes a natural gas storage business, a liquefied petroleum gas storage business, a natural gas liquids business and a solution&#45;mining and salt production company.&amp;nbsp;  NuStar Energy LP | Pipelines | Rdt: 8,0 | Beta: 0,6 NuStar Energy L.P. transports and stores crude oil and refined products. The Company operates pipelines, terminals, and oil storage facilities. NuStar operates in North America, Latin America, the Caribbean, the United Kingdom, and continental Europe.Services financiersHCC Insurance Holdings Inc | Property/Casualty Ins | Rdt: 2,2 | Beta: 0,5 HCC Insurance Holdings, Inc. underwrites property and casualty insurance. The Company provides property insurance in the United States and marine, aviation, offshore energy, accident, and health insurance worldwide. HCC&#8217;s customers include ocean marine fleets, multinational energy businesses, and international aviation operations.Northern Trust Corp | Fiduciary Banks | Rdt: 2,8 | Beta: 0,7 Northern Trust Corporation is a financial holding company that provides investment management, asset and fund administration, fiduciary, and banking solutions for corporations, institutions, and affluent individuals. Northern trusts banking operations are its primary operations.IndustrieRepublic Services Inc | Non&#45;hazardous Waste Disp | Rdt: 3,0 | Beta: 0,7 Republic Services, Inc. provides non&#45;hazardous solid waste collection and disposal services in the United States. The Company provides solid waste collection services for commercial, industrial, municipal, and residential customers. Republic also operates transfer stations, landfills, and recycling facilities.Technologie de l&#8217;information&amp;nbsp;Harris Corp | Telecommunication Equip | Rdt: 3,0 | Beta: 0,7 Harris Corporation is an international communications equipment company focused on product, system, and service solutions. The Company provides a range of mission critical communications products, systems and services for global markets, including defense communications and electronics, government communications, broadcast communications and wireless transmission network solutions.Services de télécommunication&amp;nbsp;Frontier Communications Corp | Telephone&#45;Integrated | Rdt: 14,5 | Beta: 0,5 Frontier Communications Corporation provides communications services to rural areas and small and medium&#45;sized towns and cities. The Company offers a variety of voice, data, and Internet, and television services.Foncières cotées&amp;nbsp;Chimera Investment Corp | REITS&#45;Mortgage | Rdt: 21,3 | Beta: 0,7 Chimera Investment Corporation is a specialty finance company. The Company invests in residential mortgage loans, residential mortgage&#45;backed securities, real estate&#45;related securities and various other asset classes.




	Petites capitalisations Amérique

Consommation de base&amp;nbsp;  North West Co Inc/The | Food&#45;Retail | Rdt: 6,2 | Beta: 0,5 North West Company, Inc. retails food, family apparel, housewares, appliances, outdoor products, and offers services such as quick&#45;service prepared food, special ordering, money transfers and check cashing. The Company operates in underserved rural communities in Canada, Alaska, the South Pacific, and the Caribbean.Foncières cotées&amp;nbsp;MFA Financial Inc | REITS&#45;Mortgage | Rdt: 14,2 | Beta: 0,1 MFA Financial, Inc. is a mortgage real estate investment trust that invests primarily in hybrid and adjustable rate mortgage securities issued or guaranteed by an agency of the United States&#8217; government.&amp;nbsp;Investors Real Estate Trust | REITS&#45;Diversified | Rdt: 8,9 | Beta: 0,4 Investors Real Estate Trust is a Real Estate Investment Trust (REIT), which is structured as an umbrella real estate investment trust (UPREIT). The company owns and operates residential, commercial, retail, and office properties. Investors Real Estate Trust also has investments in mortgages and contracts for deeds secured by real estate.




	Opportunités d&#8217;achat actions : remarques

	Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de Bloomberg et Yahoo, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.

	Rappelez&#45;vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. L&#8217;investisseur heureux préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.</description>
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