Fact sheet: AXA Lifetime Distribution

Fund information
Fund name
AXA Lifetime Distribution A Acc
Fund manager company
AXA IM UK
Fund type
OEIC
Fund managers
  • Jamie Forbes-Wilsonsince 29/02/2016
  • Jim Stridesince 02/03/2015
Fund objective
The aim of this Fund is to achieve income with some prospects for capital growth over the medium to long term.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
11%
1 Year rank in sector
22/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
2.3%
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.
0.32%
Fund size
£1,007m (£975m 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.
69
Mid price
111.1
Top in this sector
Fund name1 Year
S&W The Magpie18.8%
AXA Global Distribution16.6%
S&W Wessex15.2%
Investec Caut Mgd14.6%
HSBC Open Global Return14.4%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • International95.9%
    Money Market4.2%
  • AA95.9%
    Money Market4.2%
  • UK Equities52.8%
    UK Index-Linked40.5%
    Money Market4.2%
    UK Gilts2.4%
    Global Corporate Fixed Interest0.1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.5%-3.4%10.8%11%--
Sector-1.8%-0.8%5.8%6.4%14.6%34.7%
Rank within sector209 / 214200 / 21310 / 21022 / 204--
Quartile4th4th1st1st
Calendar performance
 YTD - 20162015201420132012
Fund14%----
Sector7.3%1.2%5%9%8%
Rank within sector9 / 204----
Quartile1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high119
52 week low93.39
Current bid price-
Current offer price-
Current mid price111.1
Region
1International95.85%
2Money Market4.15%
Industry sector
1AA95.85%
2Money Market4.15%
Asset type
1UK Equities52.8%
2UK Index-Linked40.54%
3Money Market4.15%
4UK Gilts2.44%
5Global Corporate Fixed Interest0.07%
Individual holdings
1ROYAL DUTCH SHELL5.1%
2HSBC HLDGS3.5%
3BRITISH AMERICAN TOBACCO3%
4GLAXOSMITHKLINE2.7%
5BP2.4%
6TREASURY 0.125% IDX LKD GILT 22/03/26 GBP0.012.2%
7TREASURY 0.625% IDX-LKD GILT 22/11/42 GBP2.2%
8TREASURY 0.625% IDX-LKD GILT 22/3/40 GBP0.012.2%
9US TREASURY IL 0.125% 01/08/20242.2%
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 income with some prospects for capital growth over the medium to long term.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Jamie Forbes-Wilson29/02/2016Jamie joined AXA Investment Managers in 2003 as an investment manager responsible for charity, pension and private client portfolios. He began his career in 1996 as a graduate trainee with Wise Speke, a regional private client stockbroking firm. The company subsequently became part of Brewin Dolphin, where he worked as a private client portfolio manager. Jamie graduated from Exeter University in 1996 with a BA (Hons) degree in Economic History and Politics. He is a Chartered Fellow of the Chartered Institute for Securities and Investment (FCSI).
Jim Stride02/03/2015Jim 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.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Lifetime Distribution A Acc
Initial charge5%
Annual charge0.3%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.32%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.1
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM7AH
AXA Lifetime Distribution A Inc
Initial charge-
Annual charge0.3%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.32%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.7
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM7AI
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.