Fact sheet: AXA WF Gbl SmBeta CrBd

Fund information
Fund name
AXA World Funds Global SmartBeta Credit Bonds I Cap USD
Fund manager company
AXA Investment Managers
Fund type
Offshore Fund
Fund managers
  • Damien Maisonniacsince 15/01/2013
  • Mathieu Cranzsince 15/01/2013
Fund objective
The Sub-Fund seeks to achieve a mix of income and capital growth measured in USD by investing mainly in investment grade corporate debt securities from issuers located worldwide, over a medium term period.
Benchmark
  • BofA Merrill Lynch Global Corporate Hedged EUR
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.8%
1 Year rank in sector
81/295
Sector
FO Fixed Int - Global
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.
0.21%
Fund size
£221m (£102m 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.
25
Top in this sector
Fund name1 Year
Capital Group GHIOL35.6%
Dodge & Cox Global Bond27.3%
HSBC GIF Gbl AsBk Bd24.3%
SKAGEN Tellus23.4%
Russell Gbl Bd23.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • North America38.1%
    Eurozone21.1%
    Europe18.7%
    Asia14.7%
    Global Emerging Markets6%
  • Cyclical Goods33.3%
    Non-Cyclical Goods33.1%
    Financials31.8%
    Money Market1.3%
    Others0.5%
  • North American Fixed Interest38.1%
    Eurozone Fixed Interest21.1%
    European Fixed Interest18.7%
    Asia Pacific Fixed Interest14.7%
    Global Emerging Market Fixed Interest6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%-2.9%-0.4%4.8%13.7%-
Sector-1.6%-2.1%0.7%3.5%6.2%13.7%
Rank within sector208 / 315196 / 312191 / 30681 / 29549 / 235-
Quartile3rd3rd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund5.2%0.7%7.9%--
Sector4.2%-1.6%3.7%-1.6%8.2%
Rank within sector91 / 29860 / 27449 / 235--
Quartile2nd1st1st
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.
2.3
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.
1.08
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.
0.24
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%.
3.51
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.
1.82
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.
1.33
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.
0.73
Price movement
52 week high117.16
52 week low107.43
Current bid price-
Current offer price-
Current mid price113.04
Region
1North America38.1%
2Eurozone21.12%
3Europe18.74%
4Asia14.66%
5Global Emerging Markets5.96%
6Money Market1.29%
7Others0.13%
Industry sector
1Cyclical Goods33.3%
2Non-Cyclical Goods33.09%
3Financials31.82%
4Money Market1.29%
5Others0.5%
Asset type
1North American Fixed Interest38.1%
2Eurozone Fixed Interest21.12%
3European Fixed Interest18.74%
4Asia Pacific Fixed Interest14.66%
5Global Emerging Market Fixed Interest5.96%
6Money Market1.29%
7Global Fixed Interest0.13%
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 measured in USD by investing mainly in investment grade corporate debt securities from issuers located worldwide, over a medium term period.
Benchmark
  • BofA Merrill Lynch Global Corporate Hedged EUR
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Damien Maisonniac15/01/2013
Mathieu Cranz15/01/2013
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, United Kingdom, Luxembourg, Netherlands, Offshore
AXA World Funds Global SmartBeta Credit Bonds I Cap USD
Initial charge-
Annual charge0.15%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)0.26%
Bid price-
Offer price-
Mid price113.04
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF5KO
AXA World Funds Global SmartBeta Credit Bonds I Hedged Cap AUD
Initial charge-
Annual charge0.15%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.09
CurrencyAUD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEA7K
AXA World Funds Global SmartBeta Credit Bonds I Hedged Cap CHF
Initial charge-
Annual charge0.15%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)0.28%
Bid price-
Offer price-
Mid price108.23
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF5KR
AXA World Funds Global SmartBeta Credit Bonds I Hedged Cap EUR
Initial charge-
Annual charge0.15%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)0.28%
Bid price-
Offer price-
Mid price110.41
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF5KP
AXA World Funds Global SmartBeta Credit Bonds I Hedged Cap GBP
Initial charge-
Annual charge0.15%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)0.28%
Bid price-
Offer price-
Mid price113.63
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF5KQ
AXA World Funds Global SmartBeta Credit Bonds I Hedged Dis Quarterly GBP
Initial charge-
Annual charge0.15%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.14
CurrencyGBP
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC0TA
AXA World Funds Global SmartBeta Credit Bonds I Hedged Dis Quarterly JPY
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)0.28%
Bid price-
Offer price-
Mid price10045.68
CurrencyJPY
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFUJQ
AXA World Funds Global SmartBeta Credit Bonds M Cap USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price111.36
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFI7J
Data provided by

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