Fact sheet: AXA Global Distribution

Fund information
Fund name
AXA Global Distribution Z Acc
Fund manager company
AXA IM UK
Fund type
OEIC
Fund managers
  • Jim Stridesince 30/04/2008
  • William Howardsince 01/02/2016
Fund objective
The aim of this Fund is to achieve growing income with some prospects for capital growth over the medium to long term through investment globally.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
23.7%
1 Year rank in sector
6/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
1.3%
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.
0.76%
Fund size
£152m (£100m 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.
65
Mid price
278.5
Top in this sector
Fund name1 Year
S&W The Magpie41.9%
Thesis The Gbl Bal Strategy24.9%
Artemis Monthly Distribution24.4%
S&W Wessex24.2%
SVS Capital Balanced24.1%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • International95.7%
    Money Market4.3%
  • AA82.2%
    BBB7%
    AAA5.5%
    Money Market4.3%
    A1%
  • International Equities49.9%
    Global Index Linked29.7%
    UK Index-Linked12.6%
    Money Market4.3%
    UK Equities3.6%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.3%5.6%6.5%23.7%37.8%56.1%
Sector1.6%4.2%3.7%14.5%18.4%34.9%
Rank within sector30 / 21218 / 20819 / 2086 / 2043 / 1775 / 143
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund2.7%22.8%-0.1%10%9.8%
Sector1.9%10.3%1.2%5%9%
Rank within sector35 / 2111 / 199148 / 1862 / 17393 / 159
Quartile1st1st4th1st3rd
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.
3.78
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.
1.24
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.
1.01
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%.
7.63
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.
4.1
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.
1.23
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.
0.73
Price movement
52 week high278.6
52 week low223.4
Current bid price-
Current offer price-
Current mid price278.5
Region
1International95.74%
2Money Market4.26%
Industry sector
1AA82.16%
2BBB7.04%
3AAA5.52%
4Money Market4.26%
5A1.02%
Asset type
1International Equities49.91%
2Global Index Linked29.65%
3UK Index-Linked12.56%
4Money Market4.26%
5UK Equities3.62%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 0.125% BDS 15/01/22 USD1001.6%
2UNITED STATES OF AMER TREAS NOTES 0.25% TB 15/01/25 USD10001.6%
3US TREASURY INFLATION IDX BONDS 1.875% 07/15/20191.6%
4TREASURY 0.5% IDX LKD GILT 22/3/50 GBP0.011.4%
5US TREASURY INFLATION IDX BONDS 0.125% 01/15/20231.4%
6ITALY (REPUBLIC OF) 2.1% 09/15/20211.3%
7UNITED STATES OF AMER TREAS BONDS 2.5% TB 15/01/29 USD10001.3%
8UNITED STATES OF AMER TREAS BONDS 3.875% TIPS 15/4/2029 USD10001.2%
9ALPHABET INC1.1%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA IM UK
Fund type
OEIC
Fund objective
The aim of this Fund is to achieve growing income with some prospects for capital growth over the medium to long term through investment globally.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Jim Stride30/04/2008Jim was appointed Managing Director in 1997 and is also Head of the UK Equities team. Jim joined the company in 1981 as a fund manager, having worked as an analyst with Panmure Gordon & Co. for two years. His career began in 1976 as a Portfolio Analyst with the Post Office Staff Superannuation Fund. Jim graduated from the London School of Economics with a BSc (Hons) in Economics having specialised in Accounting and Finance.
William Howard01/02/2016William has been a Portfolio Manager at Framlington Equities responsible for managing Global High Income strategies since 2012. Prior to AXA IM, William was Managing Director/Portfolio Manager at Goldman Sachs from 2005 to 2009, Portfolio Manager/Analyst at Templeton Investment Council between 1993 and 2004 and Senior International Portfolio Manager at Tennessee Consolidate Retirement System from 1986 to 1993. William has a BA in International Studies from Rhodes College and a Master in Business Administration from Goizueta Business School, Emory University; he is also a CFA charterholder.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Global Distribution B Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.51%
Total expense ratio (TER)0.51%
Bid price-
Offer price-
Mid price129.5
CurrencyGBX
Price updated27/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4BF
AXA Global Distribution B Inc
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.51%
Total expense ratio (TER)0.51%
Bid price-
Offer price-
Mid price127.6
CurrencyGBX
Price updated27/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE4BG
AXA Global Distribution R Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.51%
Total expense ratio (TER)1.67%
Bid price-
Offer price-
Mid price255.3
CurrencyGBX
Price updated27/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAF19
AXA Global Distribution R Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.51%
Total expense ratio (TER)1.67%
Bid price-
Offer price-
Mid price174.5
CurrencyGBX
Price updated27/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAF21
AXA Global Distribution Z Acc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price278.5
CurrencyGBX
Price updated27/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAF18
AXA Global Distribution Z Inc
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price191.1
CurrencyGBX
Price updated27/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAF42
Data provided by

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