Fact sheet: AXA WF Optml Absl

Fund information
Fund name
AXA World Funds Optimal Absolute A Dis EUR
Fund manager company
AXA Investment Managers
Fund type
Offshore Fund
Fund managers
  • Stephane Castillo-Solersince 11/05/2011
  • Serge Pizemsince 11/05/2011
Fund objective
The Sub-Fund seeks to generate positive absolute returns measured in Euro on an annual basis irrespective of market conditions by investing in, or getting long or short exposure to, a wide range of asset classes on all global markets.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Flexible
Investment method
Mixed
Quick stats
1 Year return
-2.1%
1 Year rank in sector
94/132
Sector
FO Absolute Return
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.
1.51%
Fund size
£98m (£81m last year)
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd14.7%
SW Mitchell Emerging European11.5%
Polar Capital UK Abs Eq10.3%
Pictet Scv II Dyn Ass Alloc9.4%
Orbis Optimal SA9.3%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • Not Specified52.2%
    Money Market45.8%
    France0.8%
    Germany0.4%
    Italy0.3%
  • Fixed Interest52.2%
    Money Market45.8%
    Industrials0.6%
    Financials0.5%
    Materials0.3%
  • Global Fixed Interest52.2%
    Money Market45.8%
    International Equities2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%-0.5%-1.2%-2.1%--
Sector-0.2%-0.7%0.3%-0.4%2.5%9.3%
Rank within sector91 / 14176 / 141104 / 13894 / 132--
Quartile3rd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-2.3%----
Sector-0.1%0.7%1.2%3.6%3.9%
Rank within sector100 / 132----
Quartile4th
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high100.04
52 week low97.58
Current bid price-
Current offer price-
Current mid price97.81
Region
1Not Specified52.2%
2Money Market45.78%
3France0.79%
4Germany0.4%
5Italy0.28%
6Denmark0.14%
7Austria0.13%
8Sweden0.12%
9Switzerland0.09%
Industry sector
1Fixed Interest52.2%
2Money Market45.78%
3Industrials0.55%
4Financials0.5%
5Materials0.32%
6Real Estate0.22%
7Consumer Discretionary0.15%
8Health Care0.14%
9Consumer Staples0.11%
Asset type
1Global Fixed Interest52.2%
2Money Market45.78%
3International Equities2.02%
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 generate positive absolute returns measured in Euro on an annual basis irrespective of market conditions by investing in, or getting long or short exposure to, a wide range of asset classes on all global markets.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Flexible
Investment method
Mixed
Fund managers
NameSinceBiography
Stephane Castillo-Soler11/05/2011
Serge Pizem11/05/2011
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, Germany, Denmark, Spain, Finland, France, United Kingdom, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
AXA World Funds Optimal Absolute A Cap EUR
Initial charge5.5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.51%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price96.77
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08AL
AXA World Funds Optimal Absolute A Dis EUR
Initial charge5.5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.51%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.81
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE24E
AXA World Funds Optimal Absolute A Hedged Cap USD
Initial charge5.5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.64%
Bid price-
Offer price-
Mid price98.67
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08AM
AXA World Funds Optimal Absolute AX Cap EUR
Initial charge5.5%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price95.18
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08AQ
AXA World Funds Optimal Absolute E Cap EUR
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.01%
Total expense ratio (TER)2.08%
Bid price-
Offer price-
Mid price94.78
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08AN
AXA World Funds Optimal Absolute F Cap EUR
Initial charge2%
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price100.3
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code08AO
AXA World Funds Optimal Absolute F Dis EUR
Initial charge2%
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.41
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE24G
AXA World Funds Optimal Absolute F Hedged Cap USD
Initial charge2%
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.87%
Bid price-
Offer price-
Mid price101.86
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code08AP
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