Fact sheet: AXA WF Euro Bds

Fund information
Fund name
AXA World Funds Euro Bonds E Cap
Fund manager company
AXA Investment Managers
Fund type
Offshore Fund
Fund manager
  • Axa Funds Managementsince 22/01/1997
Fund objective
The Sub-Fund seeks to achieve a mix of income and capital growth by investing in investment grade corporate and government debt securities in Euros, over a medium term period.
Benchmark
  • Citigroup EuroBIG ALL MATS
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4%
1 Year rank in sector
51/61
Sector
FO Fixed Int - EUR Investment Grade
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.
1.49%
Fund size
£296m (£259m 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
Capital Group EBdFL26.9%
Russell IC II Euro FI25.5%
BlueBay Inv Grd € Govt Bd9.8%
Fidelity Core Euro Bond8.1%
Robeco Inv Grd Corp Bds7.3%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

  • Italy25.7%
    France20.9%
    Spain15.2%
    Portugal4.8%
    Netherlands4.2%
  • Government Bonds49.8%
    Corporate Bonds17.3%
    Financials14.3%
    Government Agency Bonds7.4%
    Government Index Linked5%
  • Italian Fixed Interest25.7%
    French Fixed Interest20.9%
    Spanish Fixed Interest15.2%
    Global Fixed Interest5%
    Portuguese Fixed Interest4.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%1.1%1.8%4%16.2%26.1%
Sector-0.4%2%3%6%16.8%36.6%
Rank within sector48 / 6253 / 6254 / 6251 / 6130 / 5636 / 48
Quartile4th4th4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund4%-0.4%10.6%1.5%9.3%
Sector5.3%-0.2%8.9%3.4%15.2%
Rank within sector47 / 6139 / 6019 / 5732 / 5138 / 48
Quartile4th3rd2nd3rd4th
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.
-0.57
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.
1.07
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.
0.52
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%.
3.68
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.
1.57
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.
-0.14
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.
0.82
Price movement
52 week high56.34
52 week low53.39
Current bid price-
Current offer price-
Current mid price56.09
Region
1Italy25.71%
2France20.92%
3Spain15.24%
4Portugal4.77%
5Netherlands4.21%
6Belgium4.18%
7USA3.87%
8Germany3.6%
9Australia3.37%
Industry sector
1Government Bonds49.77%
2Corporate Bonds17.31%
3Financials14.32%
4Government Agency Bonds7.35%
5Government Index Linked4.98%
6Mortgage & Secured Bonds4.81%
7Money Market1.46%
Asset type
1Italian Fixed Interest25.71%
2French Fixed Interest20.92%
3Spanish Fixed Interest15.24%
4Global Fixed Interest4.95%
5Portuguese Fixed Interest4.77%
6Dutch Fixed Interest4.21%
7Belgian Fixed Interest4.18%
8US Fixed Interest3.87%
9German Fixed Interest3.6%
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 seeks to achieve a mix of income and capital growth by investing in investment grade corporate and government debt securities in Euros, over a medium term period.
Benchmark
  • Citigroup EuroBIG ALL MATS
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Axa Funds Management22/01/1997
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, Spain, France, United Kingdom, Italy, Luxembourg, Netherlands, Offshore, Portugal
AXA World Funds Euro Bonds A Cap
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price59.71
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEQ66
AXA World Funds Euro Bonds A Dis
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price33.78
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEQ73
AXA World Funds Euro Bonds BX Cap
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1747.11
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQ9J
AXA World Funds Euro Bonds BX Dis
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price288.57
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFQ9K
AXA World Funds Euro Bonds E Cap
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)1.38%
Bid price-
Offer price-
Mid price56.09
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeVS94
AXA World Funds Euro Bonds F Cap
Initial charge2%
Annual charge0.4%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price63.65
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEQ74
AXA World Funds Euro Bonds I Cap
Initial charge-
Annual charge0.3%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price159.66
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTL54
AXA World Funds Euro Bonds M Cap
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price165.01
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTL55
Data provided by

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