AXA Framlington Financial

Compare fund
Fund information
Fund name
AXA Framlington Financial R Acc
Fund manager company
AXA IM UK
Fund type
Unit Trust
Fund managers
  • Susan Sternglass Noblesince 31/01/2011
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
10.5%
1 Year rank in sector
37/135
Sector
UT Specialist
Yield
0%
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.
1.63%
Fund size
£41m (£47m 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.
117
Top in this sector
Fund name1 Year
Neptune India57.6%
Jupiter India56.6%
First State Ind Subcont53.6%
F&C Overseas Eq Linked UK Gilt30.8%
AXA Framlington Biotech30.4%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • North America48.4%
    UK17.4%
    Pacific ex-Japan10.7%
    Europe ex UK7.9%
    Global Emerging Markets7%
  • Banks48.2%
    Financials25.7%
    Insurance11.2%
    Real Estate9.4%
    Software2.9%
  • North American Equities48.4%
    UK Equities17.4%
    Asia Pacific ex Japan Equities10.7%
    Europe ex UK Equities7.9%
    Global Emerging Market Equities7%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%2.6%3.7%10.5%50%32.7%
Sector1%2.1%5%5.5%16%35.7%
Rank within sector22 / 13932 / 13855 / 13837 / 1359 / 10841 / 87
Quartile1st1st2nd2nd1st2nd
Calendar performance
 YTD - 20142013201220112010
Fund3.4%24.6%21.6%-20.4%5.8%
Sector4.8%4.5%7.5%-7.9%16.4%
Rank within sector81 / 13716 / 1279 / 11175 / 10273 / 90
Quartile3rd1st1st3rd4th
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.
10.39
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.
1.12
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.
0.77
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%.
14.19
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.
6.66
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.
1.58
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.
0.79
Price movement
52 week high469.4
52 week low418.6
Current bid price-
Current offer price-
Current mid price460.8
Region
1North America48.4%
2UK17.37%
3Pacific ex-Japan10.72%
4Europe ex UK7.88%
5Global Emerging Markets7.02%
6Japan5.96%
7Money Market2.65%
Industry sector
1Banks48.21%
2Financials25.71%
3Insurance11.15%
4Real Estate9.35%
5Software2.93%
6Money Market2.65%
Asset type
1North American Equities48.4%
2UK Equities17.37%
3Asia Pacific ex Japan Equities10.72%
4Europe ex UK Equities7.88%
5Global Emerging Market Equities7.02%
6Japanese Equities5.96%
7Money Market2.65%
Individual holdings
1WELLS FARGO & CO6.6%
2JPMORGAN CHASE & CO6.2%
3TORONTO-DOMINION BANK5%
4AMERICAN EXPRESS CO4.8%
5DISCOVER FINANCIAL SERVICES4.2%
6BLACKROCK INC4%
7AIA GROUP LTD3.9%
8ROYAL BANK OF CANADA3.9%
9PRUDENTIAL PLC3.8%
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
Susan Sternglass Noble31/01/2011"Susan joined AXA Investment Managers (AXA IM) in January 2010 as Portfolio Manager specialising in global financial sec-tor equities. She manages the AXA Framlington Financial Fund and the financial sleeves of the AWF Global and the AWF Global ex US portfolios, as well as coordinating research on global financial equities. Susan joined from CQS where she was Portfolio Manager and Senior Research Analyst specialising in global financial equities and managed the long/short portfolio of European financial equities within the CQS Convertible Bond Arbitrage Fund. Susan has over 23 years industry experience and has held senior analyst roles in New York and London, including eight years at Goldman Sachs and three years at JP Morgan where she was Co-Head of the European Banks equity research teams. After completing a B.A. (with Distinction) in Asian Studies from Cornell University, she obtained a M.S.F.S. (with Honors) in International Finance from Georgetown University School of Foreign Service. Susan is a Fellow of the Royal Society of Arts, Commerce and Manufacture."
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)1.63%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price460.8
CurrencyGBX
Price updated15/09/2014
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)1.63%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price365.3
CurrencyGBX
Price updated15/09/2014
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 price141.9
CurrencyGBX
Price updated15/09/2014
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code11VF
Data provided by

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