Fact sheet: AXA WF Gbl Hi Yd Bds

Fund information
Fund name
AXA World Funds Global High Yield Bonds A Cap USD
Fund manager company
AXA Investment Managers
Fund type
Offshore Fund
Fund manager
  • Axa Funds Managementsince 12/03/2001
Fund objective
The Sub-Fund investment objective is firstly to seek high income and secondary capital growth by investing in a broadly international high yield corporate debt securities over a long term period.
Benchmark
  • BofA Merrill Lynch Global High Yield Hedged EUR
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
8.5%
1 Year rank in sector
28/73
Sector
FO Fixed Int - Global High Yield
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
£1,019m (£1,321m 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.
35
Top in this sector
Fund name1 Year
Pioneer SICV-Gbl Hi Yld29.9%
Natixis LoomsSyles HInc22%
T. Rowe Price GblHghIncBd13.1%
T. Rowe Price Gbl HiYld Bd12.3%
NN (L) Gl HYd12%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • USA66.8%
    Others5.8%
    Money Market5.7%
    UK5.2%
    Luxembourg5.2%
  • Media11.5%
    Health Care10.6%
    Telecommunications10.4%
    Energy9.4%
    Basic Industries7%
  • US Fixed Interest66.8%
    Global Fixed Interest5.8%
    Money Market5.7%
    UK Fixed Interest5.2%
    Luxembourg Fixed Interest5.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%1.4%5.7%8.5%8.8%38.1%
Sector0.1%0.4%4.8%8%9.1%32.8%
Rank within sector6 / 829 / 7921 / 7528 / 7330 / 5814 / 43
Quartile1st1st2nd2nd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.6%-4.5%1.6%8.8%15.9%
Sector9.9%-2.5%1.4%5.2%15.5%
Rank within sector22 / 7344 / 6527 / 585 / 4916 / 43
Quartile2nd3rd2nd1st2nd
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.
-0.41
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%.
5.46
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.
1.64
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.
-0.06
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.
0.92
Price movement
52 week high124.85
52 week low106.28
Current bid price-
Current offer price-
Current mid price125.15
Region
1USA66.75%
2Others5.75%
3Money Market5.67%
4UK5.22%
5Luxembourg5.19%
6Netherlands3.06%
7France2.33%
8Jamaica1.79%
9Germany1.55%
Industry sector
1Media11.47%
2Health Care10.64%
3Telecommunications10.39%
4Energy9.4%
5Basic Industries6.95%
6Technology6.82%
7Capital Goods6.25%
8Financial Services5.78%
9Money Market5.67%
Asset type
1US Fixed Interest66.75%
2Global Fixed Interest5.75%
3Money Market5.67%
4UK Fixed Interest5.22%
5Luxembourg Fixed Interest5.19%
6Dutch Fixed Interest3.06%
7French Fixed Interest2.33%
8American Emerging Fixed Interest1.79%
9German Fixed Interest1.55%
Individual holdings
1COLUMBUS INTL INC 7.38% BDS 30/03/21 USD200000144A0.97%
2CAPSUGEL SA 7% BDS 15/05/19 USD10000.96%
3ZIGGO SEC FIN BV 5.5% BDS 15/01/27 USD150000 144A0.87%
4DH SERVICES LUX SARL 7.750 15/12/200.86%
5RAYONIER AM PRODUCTS INC 5.5% BDS 01/06/24 USD10000.86%
6CEQUEL COMMUNICATIONS HLG I/CAP CRP 6.375% BDS 15/09/20 USD1000 144A0.85%
7T-MOBILE USA INC 6.625 15/11/200.85%
8DIGICEL GROUP LTD 8.25% BDS 30/09/20 USD200000 144A0.84%
9STEARNS HOLDINGS INC 9.375 15/08/200.84%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Investment Managers
Fund type
Offshore Fund
Fund objective
The Sub-Fund investment objective is firstly to seek high income and secondary capital growth by investing in a broadly international high yield corporate debt securities over a long term period.
Benchmark
  • BofA Merrill Lynch Global High Yield Hedged EUR
Investment style
High Yield
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Axa Funds Management12/03/2001
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Spain, France, United Kingdom, Italy, Republic Of Korea, Luxembourg, Netherlands, Offshore, Portugal, Singapore
AXA World Funds Global High Yield Bonds A Cap USD
Initial charge3%
Annual charge1.25%
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 price125.15
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYL78
AXA World Funds Global High Yield Bonds A Dis Monthly USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.9
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFR3X
AXA World Funds Global High Yield Bonds A Dis USD
Initial charge3%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price72.33
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeYL79
AXA World Funds Global High Yield Bonds A Hedged Cap CHF
Initial charge3%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.41
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF40Q
AXA World Funds Global High Yield Bonds A Hedged Cap EUR
Initial charge3%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price83.07
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQT64
AXA World Funds Global High Yield Bonds A Hedged Cap SGD
Initial charge3%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.72
CurrencySGD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEASZ
AXA World Funds Global High Yield Bonds A Hedged Dis EUR
Initial charge3%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price29.17
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeQT65
AXA World Funds Global High Yield Bonds A Hedged Dis Monthly HKD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.57
CurrencyHKD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFR3V
AXA World Funds Global High Yield Bonds A Hedged Dis Monthly SGD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.34
CurrencySGD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFR3W
AXA World Funds Global High Yield Bonds E Hedged Cap EUR
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price78
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYL80
AXA World Funds Global High Yield Bonds E Hedged Dis Quarterly EUR
Initial charge-
Annual charge1%
Min single investment£1,800
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.16
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFCMP
AXA World Funds Global High Yield Bonds F Cap USD
Initial charge2%
Annual charge0.65%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price134.95
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeYL77
AXA World Funds Global High Yield Bonds F Dis USD
Initial charge2%
Annual charge0.65%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price83.82
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeYL81
AXA World Funds Global High Yield Bonds F Hedged Cap EUR
Initial charge2%
Annual charge0.65%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price89.32
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQT72
AXA World Funds Global High Yield Bonds F Hedged Dis EUR
Initial charge2%
Annual charge0.65%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price36.72
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeQT73
AXA World Funds Global High Yield Bonds I Cap USD
Initial charge-
Annual charge0.55%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price229.85
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC1Q9
AXA World Funds Global High Yield Bonds I Hedged Cap CHF
Initial charge-
Annual charge0.55%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price118.88
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF40R
AXA World Funds Global High Yield Bonds I Hedged Cap EUR
Initial charge-
Annual charge0.55%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price187.99
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKV40
AXA World Funds Global High Yield Bonds I Hedged Cap GBP
Initial charge-
Annual charge0.55%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.98
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDME
AXA World Funds Global High Yield Bonds I Hedged Dis EUR
Initial charge-
Annual charge0.55%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.11
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF7UC
AXA World Funds Global High Yield Bonds M Cap USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.53
CurrencyUSD
Price updated01/10/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFT6Z
AXA World Funds Global High Yield Bonds M Hedged Cap EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.36
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF8CV
Data provided by

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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.