Fact sheet: AXA WF € Cr Sht Dur

Fund information
Fund name
AXA World Funds Euro Credit Short Duration E Cap EUR
Fund manager company
AXA Investment Managers
Fund type
Offshore Fund
Fund manager
  • Axa Funds Managementsince 05/09/2005
Fund objective
The Sub-Fund's investment objective is to seek performance by investing in investment grade corporate and government debt securities in Euros over a medium term period.
Benchmark
  • BofA Merrill Lynch Euro Corporate 1-3 Yrs
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-0.1%
1 Year rank in sector
20/30
Sector
FO Fixed Int - EUR Short/ Medium Maturity
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.
1.27%
Fund size
£3,358m (£2,789m 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.
66
Top in this sector
Fund name1 Year
Boost Bund 10Y 3x Leverage Dly ETP13.4%
Petercam L Bds EUR HiYldShtTm4.4%
Pictet EUR Sht Trm Hgh Yld3.1%
ECM Short Dur Credit2.3%
Oddo Cmp Eur CrShDur2.2%
...more in FO Fixed Int - EUR Short/ Medium Maturity

Performance snapshot

Holdings snapshot

  • France18.2%
    Italy12.6%
    USA10.5%
    Germany9.4%
    Netherlands9.1%
  • Banks42.6%
    Utilities8.8%
    Automotive8.6%
    Telecommunications6.9%
    Insurance6.8%
  • French Fixed Interest18.2%
    Italian Fixed Interest12.6%
    US Fixed Interest10.5%
    German Fixed Interest9.4%
    Dutch Fixed Interest9.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%-0.5%-0.3%-0.1%1.5%10.3%
Sector-0.3%-0.7%-0.1%0.6%4.4%12%
Rank within sector21 / 3020 / 3016 / 3020 / 3017 / 288 / 23
Quartile3rd3rd3rd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.1%-0.4%1.6%1.4%6.9%
Sector0.8%0.2%3.4%1%5.3%
Rank within sector20 / 3026 / 2915 / 2811 / 246 / 23
Quartile3rd4th3rd2nd2nd
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.
-0.62
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.
0.77
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
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%.
0.9
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.
0.49
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.
-1.93
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.
0.78
Price movement
52 week high126.14
52 week low124.51
Current bid price-
Current offer price-
Current mid price125.49
Region
1France18.18%
2Italy12.6%
3USA10.47%
4Germany9.4%
5Netherlands9.14%
6Others8.31%
7Spain7.91%
8UK7.53%
9Money Market4.55%
Industry sector
1Banks42.63%
2Utilities8.84%
3Automotive8.63%
4Telecommunications6.9%
5Insurance6.83%
6Money Market4.55%
7Consumer Goods3.91%
8Energy3.78%
9Basic Industries2.77%
Asset type
1French Fixed Interest18.18%
2Italian Fixed Interest12.6%
3US Fixed Interest10.47%
4German Fixed Interest9.4%
5Dutch Fixed Interest9.14%
6Global Fixed Interest8.31%
7Spanish Fixed Interest7.91%
8UK Fixed Interest7.53%
9Money Market4.55%
Individual holdings
No data available.
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Investment Managers
Fund type
Offshore Fund
Fund objective
The Sub-Fund's investment objective is to seek performance by investing in investment grade corporate and government debt securities in Euros over a medium term period.
Benchmark
  • BofA Merrill Lynch Euro Corporate 1-3 Yrs
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Axa Funds Management05/09/2005
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Republic Of Korea, Luxembourg, Netherlands, Norway, Offshore, Sweden
AXA World Funds Euro Credit Short Duration A Cap EUR
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price130.25
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKV28
AXA World Funds Euro Credit Short Duration A Dis EUR
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price98.45
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKV30
AXA World Funds Euro Credit Short Duration A Dis Quart EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.67
CurrencyEUR
Price updated05/03/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFO00
AXA World Funds Euro Credit Short Duration A Hedged Cap CHF
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price104.38
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF28D
AXA World Funds Euro Credit Short Duration A Hedged Dis Quart EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.74
CurrencyHKD
Price updated05/03/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFNZV
AXA World Funds Euro Credit Short Duration A Hedged Dis Quart SGD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.79
CurrencySGD
Price updated05/03/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFO0B
AXA World Funds Euro Credit Short Duration A Hedged Dis Quart USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.72
CurrencyUSD
Price updated05/03/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFO0A
AXA World Funds Euro Credit Short Duration E Cap EUR
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price125.49
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKV29
AXA World Funds Euro Credit Short Duration F Cap EUR
Initial charge2%
Annual charge0.35%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.49%
Bid price-
Offer price-
Mid price118.92
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHRD8
AXA World Funds Euro Credit Short Duration I Cap EUR
Initial charge-
Annual charge0.25%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.38%
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price135.6
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTL73
AXA World Funds Euro Credit Short Duration I Dis EUR
Initial charge-
Annual charge0.25%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.38%
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price102.74
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeTL74
AXA World Funds Euro Credit Short Duration I Hedged Cap USD
Initial charge-
Annual charge0.25%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.3
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFTZW
AXA World Funds Euro Credit Short Duration M Cap EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price139.22
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTL75
Data provided by

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