Fact sheet: AXA Sterling Idx Linked Bd

Fund information
Fund name
AXA Sterling Index Linked Bond Z Acc
Fund manager company
AXA IM UK
Fund type
OEIC
Fund managers
  • John Madziyiresince 31/08/2006
  • David Dyersince 22/09/2004
Fund objective
The aim of the Fund is to provide income and capital growth, with the objective of reducing the negative effect of inflation over the long term.
Benchmark
  • FTSE Actuaries UK Govt Index-Linked over 5 Yrs Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
17.3%
1 Year rank in sector
5/20
Sector
UT UK Index - Linked Gilts
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.
0.33%
Fund size
£258m (£193m 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.
91
Mid price
254.2
Top in this sector
Fund name1 Year
Insight UK Index Linked Bond18.2%
Blackrock Inst Bd Idx Lkd17.3%
BlackRock Idx Lnkd Gilt Trckr17.3%
Newton Index Linked Gilt17.3%
AXA Sterling Idx Linked Bd17.3%
...more in UT UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

  • UK95.2%
    International2.9%
    Money Market1.9%
  • Index Linked94.6%
    Government Bonds2.9%
    Money Market1.9%
    Corporate Bonds0.6%
  • UK Index-Linked94.6%
    Global Government Fixed Interest2.9%
    Money Market1.9%
    Global Corporate Fixed Interest0.6%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-7%-8.2%14.7%17.3%41.3%50.6%
Sector-4%-5.6%15.2%18%38.4%45.3%
Rank within sector18 / 2112 / 213 / 205 / 203 / 192 / 15
Quartile4th3rd1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund20.6%-0.8%20.6%0.4%0.5%
Sector20.9%-1.2%18%-0.3%0.2%
Rank within sector3 / 207 / 207 / 196 / 195 / 15
Quartile1st2nd2nd2nd2nd
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.
1.78
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.
0.98
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.
0.96
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%.
11.7
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.
2.93
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.
0.5
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.
0.94
Price movement
52 week high284.6
52 week low210.3
Current bid price-
Current offer price-
Current mid price254.2
Region
1UK95.21%
2International2.89%
3Money Market1.9%
Industry sector
1Index Linked94.57%
2Government Bonds2.89%
3Money Market1.9%
4Corporate Bonds0.64%
Asset type
1UK Index-Linked94.57%
2Global Government Fixed Interest2.89%
3Money Market1.9%
4Global Corporate Fixed Interest0.64%
Individual holdings
1TREASURY 1.25% IDX-LKD GILT 22/11/55 GBP0.016.3%
2TSY I/L GILT 0.125% 22/03/495.8%
3TREASURY 0.375% IDX-LKD GILT 22/03/62 GBP5.7%
4TREASURY 0.75% IDX LKD GILT 22/11/47 GBP5.5%
5TREASURY 1.125% IDX GILT 22/11/37 GBP5.4%
6UK TREASURY IL 0.5% 22/11/20475.4%
7TREASURY 0.125% GILT 22/03/44 GBP0.014.9%
8TREASURY 1.25% IDX-LKD GILT 22/11/27 GBP0.014.9%
9TREASURY 0.625% IDX-LKD GILT 22/11/42 GBP4.7%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA IM UK
Fund type
OEIC
Fund objective
The aim of the Fund is to provide income and capital growth, with the objective of reducing the negative effect of inflation over the long term.
Benchmark
  • FTSE Actuaries UK Govt Index-Linked over 5 Yrs Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
John Madziyire31/08/2006John joined AXA IM in September 2006 and is a Sterling Rates Portfolio Manager, based in London. Prior to joining AXA IM, John spent three years with Legal & General Investment Management, where he managed a range of fixed income portfolios. He began his career as a Portfolio Analyst at State Street Global Advisors. John holds a BCom (Hons) in Financial Analysis & Portfolio Management and a BCom Economics and Finance, both from the University of Cape Town in South Africa and is a CFA® Charterholder.
David Dyer22/09/2004David joined the AXA Group in September 1980 and is re-sponsible for a range of funds, with a particular focus on infla-tion-linked bonds and insurance company investments. In his long career with the Group, David has had experience across a wide range of asset classes including equities as well as the full spectrum of fixed-income investments. In particular David is recognised as a market leader in inflation products, having followed them ever since studying the issue of the very first UK index-linked gilt in 1981 when taking an actuarial investment exam. David holds a BSc (Hons) in Mathematics with Statistics from the University of Bristol and is a Fellow of the Institute of Actuaries.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Sterling Index Linked Bond H Acc
Initial charge5%
Annual charge-
Min single investment£20,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)0.04%
Bid price-
Offer price-
Mid price233.8
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeX335
AXA Sterling Index Linked Bond H Gr Acc
Initial charge5%
Annual charge-
Min single investment£20,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)0.04%
Bid price-
Offer price-
Mid price237.7
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeX334
AXA Sterling Index Linked Bond R Acc
Initial charge4%
Annual charge0.75%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price223
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTL96
AXA Sterling Index Linked Bond R Gr Acc
Initial charge4%
Annual charge0.75%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.77%
Bid price-
Offer price-
Mid price224
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQU67
AXA Sterling Index Linked Bond Z Acc
Initial charge-
Annual charge0.3%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.33%
Total expense ratio (TER)0.34%
Bid price-
Offer price-
Mid price254.2
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeVS68
AXA Sterling Index Linked Bond Z Gr Acc
Initial charge-
Annual charge0.3%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.33%
Total expense ratio (TER)0.34%
Bid price-
Offer price-
Mid price262.6
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeVS67
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.