Fact sheet: AXA WUSShrDrtHgYldBnd

Fund information
Fund name
AXA World US Short Duration High Yield Bonds A Cap USD
Fund manager company
AXA Investment Managers
Fund type
Offshore Fund
Fund managers
  • Peter Vecchiosince 10/06/2016
  • Carl Whitbecksince 10/06/2016
Fund objective
The Sub-Fund seeks to achieve primarily high attractive income and secondly capital growth by investing in US high yield debt securities over a medium term period.
Benchmark
No data available.
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Fixed Int - USD Short/ Medium Maturity
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.
1.24%
Fund size
£19m (£17m last year)
Top in this sector
Fund name1 Year
Allianz EmrgMktsShDuDfBd8.7%
Threadneedle (L)GblEmMtSTBd8.5%
AXA WF EM Shrt Dur Bds7.7%
Natixis LSShtTmEmgMktsBd6%
Muzinich Sht Drtn HiYd4.3%
...more in FO Fixed Int - USD Short/ Medium Maturity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%2.2%----
Sector0.2%1%2.3%3.1%4.2%8.2%
Rank within sector18 / 214 / 21----
Quartile4th1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector3.5%-0.1%0.4%0.9%3%
Rank within sector-----
Quartile
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.
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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%.
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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.
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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.
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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 high101.72
52 week low99.3
Current bid price-
Current offer price-
Current mid price102.01
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
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 primarily high attractive income and secondly capital growth by investing in US high yield debt securities over a medium term period.
Benchmark
No data available.
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Peter Vecchio10/06/2016
Carl Whitbeck10/06/2016Carl 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.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
AXA World US Short Duration High Yield Bonds A Cap USD
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.01
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9SB
AXA World US Short Duration High Yield Bonds A Dis USD
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.03
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEAAC
AXA World US Short Duration High Yield Bonds A Hedged Cap EUR
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.61
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9SA
AXA World US Short Duration High Yield Bonds E Cap USD
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.9
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9SE
AXA World US Short Duration High Yield Bonds E Hedged Cap EUR
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.51
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9SC
AXA World US Short Duration High Yield Bonds E Hedged Dis EUR
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.55
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE9SD
AXA World US Short Duration High Yield Bonds I Dis USD
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.59
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC0TC
AXA World US Short Duration High Yield Bonds I Hedged Dis Quaterly GBP
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.58
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC0TB
AXA World US Short Duration High Yield Bonds ZI Cap USD
Initial charge-
Annual charge0.45%
Min single investment£30,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.6
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC0TE
AXA World US Short Duration High Yield Bonds ZI Dis USD
Initial charge-
Annual charge0.7%
Min single investment£30,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.77
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC06F
AXA World US Short Duration High Yield Bonds ZI Hedged Cap GBP
Initial charge-
Annual charge0.45%
Min single investment£30,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.59
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC0TD
AXA World US Short Duration High Yield Bonds ZI Hedged Dis EUR
Initial charge-
Annual charge0.45%
Min single investment£30,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.88
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE9SF
AXA World US Short Duration High Yield Bonds ZI Hedged Dis Quaterly GBP
Initial charge-
Annual charge0.45%
Min single investment£30,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.59
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC0TF
Data provided by

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