AXA Framlington Financial

Fund information
Fund name
AXA Framlington Financial R Acc
Fund manager company
AXA IM UK
Fund type
Unit Trust
Fund managers
  • Vincent Vinatiersince 01/04/2015
Fund objective
Capital growth through investment principally in financial services companies worldwide. Investment will be predominantly in banks, insurance companies, property companies, investment related companies and other financial service providers which, in the Manager's opinion, show above average profitability, management quality and growth.
Benchmark
  • MSCI AC World Financials Net TR
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
14.8%
1 Year rank in sector
11/132
Sector
UT Specialist
Yield
0.4%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.62%
Fund size
£43m (£41m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
96
Top in this sector
Fund name1 Year
AXA Framlington Biotech56.9%
AXA Framlington Health35.9%
First State Ind Subcont30.1%
CF Ruffer Pacific27.7%
Jupiter India25.8%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • North America45.8%
    UK15.8%
    Europe ex UK15.4%
    Pacific ex-Japan13.5%
    Global Emerging Markets3.8%
  • Banks52.8%
    Financials15.4%
    Insurance12.3%
    Real Estate10.8%
    Software3.8%
  • North American Equities45.8%
    UK Equities15.8%
    Europe ex UK Equities15.4%
    Asia Pacific ex Japan Equities13.5%
    Global Emerging Market Equities3.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.4%-1.8%4.4%14.8%59.5%58.3%
Sector-3.2%-3.4%1.1%-0.8%13.4%25%
Rank within sector52 / 13650 / 13426 / 13311 / 13211 / 11822 / 94
Quartile2nd2nd1st1st1st1st
Calendar performance
 YTD - 20152014201320122011
Fund4.8%9.5%24.6%21.6%-20.4%
Sector1.5%1.2%4.5%7.5%-7.9%
Rank within sector26 / 13321 / 13016 / 12010 / 10976 / 101
Quartile1st1st1st1st4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
13.04
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.94
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
1.37
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.83
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.24
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
2.01
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.6
Price movement
52 week high534.3
52 week low430.6
Current bid price-
Current offer price-
Current mid price511.1
Region
1North America45.81%
2UK15.79%
3Europe ex UK15.42%
4Pacific ex-Japan13.51%
5Global Emerging Markets3.79%
6Money Market2.87%
7Japan2.81%
Industry sector
1Banks52.83%
2Financials15.36%
3Insurance12.33%
4Real Estate10.84%
5Software3.79%
6Money Market2.87%
7Capital Goods1.98%
Asset type
1North American Equities45.81%
2UK Equities15.79%
3Europe ex UK Equities15.42%
4Asia Pacific ex Japan Equities13.51%
5Global Emerging Market Equities3.79%
6Money Market2.87%
7Japanese Equities2.81%
Individual holdings
1JPMORGAN CHASE & CO6.7%
2WELLS FARGO & CO5.6%
3AIA GROUP LTD4.1%
4CITIGROUP INC4%
5TORONTO-DOMINION BANK4%
6BLACKSTONE GROUP LP3.9%
7VISA INC3.8%
8CBRE GROUP INC3.6%
9DISCOVER FINANCIAL SERVICES3.6%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA IM UK
Fund type
Unit Trust
Fund objective
Capital growth through investment principally in financial services companies worldwide. Investment will be predominantly in banks, insurance companies, property companies, investment related companies and other financial service providers which, in the Manager's opinion, show above average profitability, management quality and growth.
Benchmark
  • MSCI AC World Financials Net TR
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Vincent Vinatier01/04/2015Vincent started his investment career at Cazenove & Co in 1997 as an Equity Analyst covering European Media Small & Mid cap & French Equity before moving to AXA IM in 2001 as a Senior Equity Analyst covering UK financials, •European Media and Telecom. From 2005 he spent four years at Schroders plc as Senior Equity Analyst and Fund Manager managing UK Financials, European Media and Telecom. Vincent has an MBA from Audencia Nantes School of Management and an MSc from Reading University in International Securities, Investment & Banking.
Compliance
IMA Recognised
Domicile
No data available.
Fund for sale in
Switzerland, United Kingdom
AXA Framlington Financial R Acc
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.62%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price511.1
CurrencyGBX
Price updated02/07/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFR28
AXA Framlington Financial R Inc
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.62%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price403.3
CurrencyGBX
Price updated02/07/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFR29
AXA Framlington Financial Z Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price158.3
CurrencyGBX
Price updated02/07/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code11VF
AXA Framlington Financial Z Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.6
CurrencyGBX
Price updated02/07/2015
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM9AN
Data provided by

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