Fact sheet: AXA WF Frm Gbl Hi Inc

Fund information
Fund name
AXA World Funds Framlington Global High Income I Cap USD
Fund manager company
AXA Investment Managers
Fund type
Offshore Fund
Fund managers
  • William Howardsince 01/09/2013
  • Julie Lamirelsince 01/09/2013
Fund objective
The Sub-Fund seeks to achieve long term capital growth measured in USD by investing in all capitalization companies worldwide with above average yield and/or seeking growth in dividend.
Benchmark
  • MSCI ACWI High Dividend Yield Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
19.7%
1 Year rank in sector
206/477
Sector
FO Equity - International
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.
0.81%
Fund size
£16m (£16m 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.
102
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq82.3%
SKAGEN Focus58.3%
Dodge & Cox Gbl Stk57.7%
Schroder ISF Gbl Rec56.5%
Morg Stnly Global Discovery52.3%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA43.5%
    Others9.5%
    Japan8.5%
    Switzerland6.9%
    UK6.1%
  • Industrials15.2%
    Information Technology14.8%
    Financials13.8%
    Consumer Discretionary12%
    Health Care9.5%
  • US Equities43.5%
    International Equities9.5%
    Japanese Equities8.5%
    Swiss Equities6.9%
    UK Equities6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%4.8%5.4%19.7%10%47.3%
Sector1.9%4.8%6.2%18.8%17%56.7%
Rank within sector288 / 511247 / 506288 / 497206 / 477258 / 387215 / 288
Quartile3rd2nd3rd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.6%7.8%-3.2%3.1%17.8%
Sector2%7.9%0.7%6%21.3%
Rank within sector335 / 509197 / 476341 / 423261 / 384264 / 334
Quartile3rd2nd4th3rd4th
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.
-2.57
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.
1.11
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%.
11.52
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.
4.77
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.
-0.47
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.
0.83
Price movement
52 week high147.08
52 week low119.22
Current bid price-
Current offer price-
Current mid price146.33
Region
1USA43.5%
2Others9.53%
3Japan8.47%
4Switzerland6.89%
5UK6.09%
6Australia4.77%
7New Zealand3.18%
8China3.11%
9Germany3.05%
Industry sector
1Industrials15.22%
2Information Technology14.76%
3Financials13.76%
4Consumer Discretionary11.95%
5Health Care9.52%
6Energy8.86%
7Utilities7.91%
8Materials7.42%
9Real Estate4.21%
Asset type
1US Equities43.5%
2International Equities9.53%
3Japanese Equities8.47%
4Swiss Equities6.89%
5UK Equities6.09%
6Australian Equities4.77%
7New Zealand Equities3.18%
8Chinese Equities3.11%
9German Equities3.05%
Individual holdings
1UNITED STATES STEEL CORP2.73%
2UNITED RENTALS INC2.29%
3UBS GROUP AG2.25%
4ACTIVISION BLIZZARD INC2.01%
5AIRPORTS OF THAILAND PUBLIC CO1.98%
6NORTHROP GRUMMAN CORP1.97%
7TEXAS INSTRUMENTS INC1.9%
8QUALCOMM INC1.89%
9SOLVAY S.A.1.84%
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 long term capital growth measured in USD by investing in all capitalization companies worldwide with above average yield and/or seeking growth in dividend.
Benchmark
  • MSCI ACWI High Dividend Yield Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
William Howard01/09/2013William 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.
Julie Lamirel01/09/2013Julie joined AXA Investment Managers (AXA IM) in July 2005 and is a Portfolio Manager within the Sterling Credit team. Ini-tially joining as a Senior Research Analyst, she was appointed to her current role in September 2008. Prior to joining AXA IM, she worked at Lehman Brothers where she was a ranked sell-side Credit Analyst (2001- 2005). Before that (1998-2001), Julie was a sell-side Equity Analyst at BNP Paribas and Lehman Brothers, based in London. She started her career in the leveraged finance group at BNP Paribas in Paris. Julie holds a degree (Diplôme Grande Ecole) from ESCP Paris (a French business school).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Luxembourg, Netherlands, Offshore, Portugal
AXA World Funds Framlington Global High Income A Cap EUR
Initial charge5.5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.67%
Bid price-
Offer price-
Mid price189.09
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IUP
AXA World Funds Framlington Global High Income A Cap USD
Initial charge5.5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price139.24
CurrencyUSD
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IUQ
AXA World Funds Framlington Global High Income A Dis Quarterly EUR
Initial charge5.5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price123.32
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFG6B
AXA World Funds Framlington Global High Income A Hedged Cap EUR
Initial charge5.5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price98.56
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTTE
AXA World Funds Framlington Global High Income E Hedged Cap EUR
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.58%
Total expense ratio (TER)2.45%
Bid price-
Offer price-
Mid price113.32
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5GW
AXA World Funds Framlington Global High Income F Cap USD
Initial charge2%
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)0.92%
Bid price-
Offer price-
Mid price145
CurrencyUSD
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0IUR
AXA World Funds Framlington Global High Income I Cap EUR
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.72%
Bid price-
Offer price-
Mid price199.12
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0IUT
AXA World Funds Framlington Global High Income I Cap USD
Initial charge-
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price146.33
CurrencyUSD
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0IUU
Data provided by

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