Fact sheet: AXA Framlington Gbl Tech

Fund information
Fund name
AXA Framlington Global Technology Z Acc
Fund manager company
AXA IM UK
Fund type
Unit Trust
Fund managers
  • Jeremy Gleesonsince 31/03/2007
Fund objective
The aim of this Fund is to provide long-term capital growth.
Benchmark
  • MSCI World IT
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
44%
1 Year rank in sector
1/7
Sector
UT Technology & Telecoms
Yield
-
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.
0.83%
Fund size
£387m (£268m 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.
123
Top in this sector
Fund name1 Year
AXA Framlington Gbl Tech44%
Henderson Global Technology41.6%
Neptune Global Technology41.4%
L&G Gbl Technology Idx Trst41.4%
Cavendish Technology40.4%
...more in UT Technology & Telecoms

Performance snapshot

Holdings snapshot

  • North America87.7%
    Global Emerging Markets3.9%
    Europe ex UK3.5%
    Money Market2.8%
    Others1.5%
  • Internet23.9%
    Software21.8%
    Semi Conductors18.6%
    Hardware11.3%
    Communications Equipment9.4%
  • North American Equities87.7%
    Global Emerging Market Equities3.9%
    Europe ex UK Equities3.5%
    Money Market2.8%
    International Equities1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%10.7%14.3%44%83.2%117.3%
Sector0.7%8.3%11.7%37.1%59.7%104.1%
Rank within sector4 / 71 / 73 / 71 / 72 / 62 / 6
Quartile3rd1st2nd1st2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund11.3%28.5%13.2%21.6%22.3%
Sector8.6%25.2%8%14%28.3%
Rank within sector1 / 72 / 73 / 62 / 66 / 6
Quartile1st2nd2nd2nd4th
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.
1.85
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.
1.2
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.
1.16
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%.
16.08
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.
4.38
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.
1.08
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.
0.95
Price movement
52 week high262.6
52 week low168.2
Current bid price-
Current offer price-
Current mid price254.5
Region
1North America87.69%
2Global Emerging Markets3.91%
3Europe ex UK3.53%
4Money Market2.77%
5Others1.5%
6UK0.6%
Industry sector
1Internet23.86%
2Software21.76%
3Semi Conductors18.6%
4Hardware11.27%
5Communications Equipment9.44%
6Information Technology6.56%
7Money Market2.77%
8Retail2.32%
9Health Care1.81%
Asset type
1North American Equities87.69%
2Global Emerging Market Equities3.91%
3Europe ex UK Equities3.53%
4Money Market2.77%
5International Equities1.5%
6UK Equities0.6%
Individual holdings
1ALPHABET INC9.4%
2APPLE INC8.3%
3FACEBOOK INC7.4%
4CISCO SYSTEMS INC4.2%
5VISA INC4.2%
6QUALCOMM INC2.4%
7ADOBE SYSTEMS INC2.1%
8PROOFPOINT INC2%
9NXP SEMICONDUCTORS NV1.9%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA IM UK
Fund type
Unit Trust
Fund objective
The aim of this Fund is to provide long-term capital growth.
Benchmark
  • MSCI World IT
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Jeremy Gleeson31/03/2007Jeremy joined AXA Investment Managers in July 2007 and is the lead fund manager of the AXA Framlington Global Technology Fund. He was named winner of the Investment Week Tech & Telecoms Fund Manager of the Year Award for 2011 and 2012. Previously, he was a senior portfolio manager at Close Investments (formerly Reabourne Technology), a subsidiary of Close Brothers Group PLC, from 2003 to 2007, having been a portfolio manager for the previous three years and an assistant portfolio manager from 1997 to 2000 with Reabourne Technology. During his time at Close Investments / Reabourne, Jeremy was the lead fund manager on several technology funds and won the FTSE techMARK Technology Fund Manager of the Year award in 2003 and 2005. Jeremy holds a BSc (Hons) in Mathematics (1st class) and an MSc. in Systems Engineering from Cardiff University (1992-1996). He is also a CFA charterholder.
Compliance
Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Switzerland, United Kingdom
AXA Framlington Global Technology R Acc
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.62%
Bid price-
Offer price-
Mid price89.33
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFR32
AXA Framlington Global Technology R Inc
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.62%
Bid price-
Offer price-
Mid price89.26
CurrencyGBX
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFR33
AXA Framlington Global Technology Z Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price254.5
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03TL
AXA Framlington Global Technology Z Inc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price254.6
CurrencyGBX
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code03TM
Data provided by

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