Fact sheet: AXA WFUSHiYiBd

Fund information
Fund name
AXA World Funds US High Yield Bonds F Cap USD
Fund manager company
AXA Investment Managers
Fund type
Offshore Fund
Fund managers
  • Carl Whitbecksince 07/07/2011
  • Robert Houlesince 07/07/2011
Fund objective
The Sub-Fund investment objective is to seek high income and capital growth by investing in US high yield debt securities over a long term period.
Benchmark
  • BofA Merrill Lynch US High Yield Master II Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
12.6%
1 Year rank in sector
13/45
Sector
FO Fixed Int - USD 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.
0.83%
Fund size
£3,492m (£5,139m 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.
37
Top in this sector
Fund name1 Year
Candriam GFUS HiYld Crp Bd27.7%
Old Mutual MtyInc HiYdBd23.5%
Pioneer US Hi Yd15.9%
BNY Mellon Gbl Hi Yld Bd15.5%
Morg Stnly US$ HiYd Bd15.2%
...more in FO Fixed Int - USD High Yield

Performance snapshot

Holdings snapshot

  • USA81.7%
    Others5.8%
    Luxembourg3.3%
    Money Market2.4%
    Brazil2.1%
  • Energy14.6%
    Health Care12.8%
    Media11.4%
    Telecommunications11.4%
    Basic Industries7.3%
  • US Fixed Interest96.2%
    Money Market2.4%
    Property1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%2.3%4.8%12.6%10.8%34.8%
Sector1.3%1.6%3%10.7%9.3%29.4%
Rank within sector31 / 514 / 494 / 4613 / 4515 / 3511 / 28
Quartile3rd1st1st2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.4%14.9%-5.1%1.3%8.9%
Sector2.3%12.7%-3.1%0.7%6.2%
Rank within sector5 / 499 / 4428 / 3816 / 345 / 33
Quartile1st1st3rd2nd1st
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.
-0.06
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.
1.15
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%.
5.97
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.
1.53
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.
0.23
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.
0.95
Price movement
52 week high219.52
52 week low194.51
Current bid price-
Current offer price-
Current mid price219.89
Region
1USA81.7%
2Others5.76%
3Luxembourg3.26%
4Money Market2.39%
5Brazil2.14%
6Netherlands2.13%
7Canada1.47%
8Barbados1.15%
Industry sector
1Energy14.57%
2Health Care12.76%
3Media11.35%
4Telecommunications11.35%
5Basic Industries7.29%
6Technology7.01%
7Capital Goods6.28%
8Services5.23%
9Consumer Goods4.75%
Asset type
1US Fixed Interest96.17%
2Money Market2.39%
3Property1.44%
Individual holdings
1COLUMBUS CABLE BARBADOS 7.375 30/03/211.17%
2KENAN ADVANTAGE GROUP 7.875 31/07/231.17%
3CAPSUGEL SA 7% BDS 15/05/19 USD1000REG S1.13%
4SOPHIA LP/FIN INC 9.000 30/09/231.13%
5BWAY HOLDING CO 7.250 15/04/251.12%
6CEQUEL COM HLDG I/CAP CP 6.375 15/09/201.11%
7DPX HOLDINGS BV 7.500 01/02/221.11%
8RAYONIER AM PRODUCTS INC 5.5% BDS 01/06/24 USD10001.1%
9SPRINT CORP 7.875% BDS 15/09/23 USD2000 144A1%
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 to seek high income and capital growth by investing in US high yield debt securities over a long term period.
Benchmark
  • BofA Merrill Lynch US High Yield Master II Index
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Carl Whitbeck07/07/2011Carl joined AXA Investment Managers, Inc. in 2002 as a US high yield credit analyst. Prior to joining AXA IM, Carl was an analyst in the investment banking division of Lehman Brothers, where he performed financial analysis on companies in the consumer and retail sectors, and worked on a variety of Merger & Acquisition and high yield transactions. Over the past nine years, he has served in various capacities within the US High Yield team, including head of research, portfolio manager for US High Yield portfolios and co-portfolio manager for multiple Global High Yield funds. In addition, Carl has been the lead sector head for several industries including Automotive, Services and Special Situations. Carl received his undergraduate degree from Williams College and has the CFA professional designation.
Robert Houle07/07/2011Mr. Robert Houle serves as a Co-Portfolio Manager at AXA Investment Managers Inc. and AXA IM Fixed Income Investment Strategies - US Corporate Bonds. Mr. Houle serves as Portfolio Manager at AXA World Funds - US High Yield Bonds.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German 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, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Italy, Republic Of Korea, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
AXA World Funds US High Yield Bonds A Cap USD
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price162.54
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIHL7
AXA World Funds US High Yield Bonds A Dis Monthly USD
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price98.64
CurrencyUSD
Price updated25/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFR3K
AXA World Funds US High Yield Bonds A Dis USD
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price92.1
CurrencyUSD
Price updated25/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHRU
AXA World Funds US High Yield Bonds A Hedged Cap CHF
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.46%
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price129.33
CurrencyCHF
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05FM
AXA World Funds US High Yield Bonds A Hedged Cap EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.46%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price194.69
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC9Q1
AXA World Funds US High Yield Bonds A Hedged Dis CHF
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.46%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price91.48
CurrencyCHF
Price updated25/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFDNM
AXA World Funds US High Yield Bonds A Hedged Dis EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.46%
Total expense ratio (TER)1.38%
Bid price-
Offer price-
Mid price100.31
CurrencyEUR
Price updated25/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code05FN
AXA World Funds US High Yield Bonds A Hedged Dis Monthly AUD
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.17
CurrencyAUD
Price updated25/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNVTA
AXA World Funds US High Yield Bonds E Hedged Cap EUR
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)1.86%
Bid price-
Offer price-
Mid price190.88
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC1Q4
AXA World Funds US High Yield Bonds F Cap USD
Initial charge2%
Annual charge0.6%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price219.89
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC9Q5
AXA World Funds US High Yield Bonds F Hedged Cap CHF
Initial charge2%
Annual charge0.6%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price133.46
CurrencyCHF
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05FO
AXA World Funds US High Yield Bonds F Hedged Cap EUR
Initial charge2%
Annual charge0.6%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price212.62
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC9Q2
AXA World Funds US High Yield Bonds F Hedged Dis Quarterly GBP
Initial charge2%
Annual charge0.6%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price96.43
CurrencyGBP
Price updated25/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFORP
AXA World Funds US High Yield Bonds I Cap USD
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)0.59%
Bid price-
Offer price-
Mid price224.65
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC9Q4
AXA World Funds US High Yield Bonds I Dis Monthly USD
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price103.59
CurrencyUSD
Price updated25/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC0IQ
AXA World Funds US High Yield Bonds I Dis USD
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price100.72
CurrencyUSD
Price updated25/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG2KX
AXA World Funds US High Yield Bonds I Hedged Cap CHF
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price110.81
CurrencyCHF
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFF6E
AXA World Funds US High Yield Bonds I Hedged Cap EUR
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price217.49
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC9Q3
AXA World Funds US High Yield Bonds I Hedged Cap GBP
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price123.62
CurrencyGBP
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF5BM
AXA World Funds US High Yield Bonds I Hedged Dis EUR
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price108.94
CurrencyEUR
Price updated25/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC1Q5
AXA World Funds US High Yield Bonds I Hedged Dis GBP
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price93.69
CurrencyGBP
Price updated25/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF5BN
AXA World Funds US High Yield Bonds I Hedged Dis Quarterly EUR
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price94.03
CurrencyEUR
Price updated25/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC2H
AXA World Funds US High Yield Bonds M Cap USD
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)0.1%
Bid price-
Offer price-
Mid price113.37
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE84T
AXA World Funds US 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 price109.3
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAAB
AXA World Funds US High Yield Bonds T Dis USD
Initial charge3%
Annual charge1.2%
Min single investment£15,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price93.83
CurrencyUSD
Price updated25/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF59H
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.