Fact sheet: AXA Wealth ABDynDrBtPrtPn

Fund information
Fund name
AXA Wealth AllianceBernstein Dynamic Diversified Beta Portfolio Pn
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund manager
  • Multi-Asset Solutions Teamsince 02/11/2004
Underlying fund
AB FCP I Dyn Divers Pfl
Fund objective
This Fund, provided by AXA Wealth Limited, invests wholly in the AllianceBernstein Dynamic Diversified Beta Fund. The Fund aims to maximize total return. The strategy is designed as a solution for investors who seek long-term growth of capital with moderate volatility by investing in a multi-asset fund that dynamically adjusts investment exposures.
Benchmark
  • 60% MSCI World Index/40% Barclays Capital Global Aggregate Bond
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
23.6%
1 Year rank in sector
145/860
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£14m (£17m 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.
68
Bid price
341.9
Offer price
341.9
Top in this sector
Fund name1 Year
Scot Eq Sequel Adven Jrny Pn35.2%
Scot Eq Sequel Adventurous Pn35.1%
BlackRock LGIM Oseas Consn Idx Pn33.5%
Scot Eq Ext Bal Coll (ex MLC) Pn32.1%
Scot Eq Adventrs Slct Pfl Pn31%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • USA49.3%
    Others16.8%
    Japan9.3%
    UK7.3%
    Australia3.4%
  • Others18.2%
    Government Bonds17.9%
    Information Technology12.3%
    Financials9.8%
    Investment Grade Corporate Bonds9.2%
  • Global Developed Equities31.6%
    International Equities16.5%
    Global Corporate Fixed Interest11.8%
    UK Gilts8.5%
    Global Small Cap Equities7.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%0.5%6.5%23.6%37.3%74.9%
Sector1.6%2%7.5%19.2%27.2%59.1%
Rank within sector759 / 901827 / 901706 / 890145 / 86039 / 70977 / 618
Quartile4th4th4th1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund2.6%22.3%1.6%10.1%14.4%
Sector4.2%14.3%2.2%5.7%13.1%
Rank within sector801 / 89015 / 791465 / 74419 / 687311 / 660
Quartile4th1st3rd1st2nd
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.
1.76
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.
1.17
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.
0.95
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%.
8.46
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.
2.12
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.
1.46
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.
0.96
Price movement
52 week high346
52 week low274.3
Current bid price341.9
Current offer price341.9
Current mid price-
Region
1USA49.28%
2Others16.79%
3Japan9.26%
4UK7.29%
5Australia3.39%
6Canada3.37%
7France3.14%
8Italy2.97%
9Germany2.85%
Industry sector
1Others18.19%
2Government Bonds17.87%
3Information Technology12.32%
4Financials9.79%
5Investment Grade Corporate Bonds9.23%
6Health Care8.63%
7Consumer Discretionary8.12%
8Industrials6.57%
9Government Agency Bonds4.95%
Asset type
1Global Developed Equities31.56%
2International Equities16.53%
3Global Corporate Fixed Interest11.75%
4UK Gilts8.53%
5Global Small Cap Equities7.66%
6UK Equities6.97%
7Global Emerging Market Equities6.08%
8International Property Shares5.05%
9UK Index-Linked Gilts3.29%
Individual holdings
1 ISHARES CORE MSCI EMERGING MARKETS ETF1.42%
2UNITED STATES OF AMER TREAS NOTES 1.375% BDS 30/04/20 USD1001.41%
3UNITED STATES OF AMER TREAS BONDS 0.125% BDS 15/04/20 USD1001.27%
4CANADA HOUSING TRUST 3.8% BDS 15/06/21 CAD1000 CA1.16%
5DEVELOPMENT BANK OF JAPAN INC 2.30% GTD BDS 19/03/26 JPY100000001.16%
6ALPHABET INC1.05%
7JAPANESE GOVT CPI LINKED BOND 0.10%. 3/10/260.96%
8MICROSOFT CORP0.94%
9APPLE INC0.79%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
This Fund, provided by AXA Wealth Limited, invests wholly in the AllianceBernstein Dynamic Diversified Beta Fund. The Fund aims to maximize total return. The strategy is designed as a solution for investors who seek long-term growth of capital with moderate volatility by investing in a multi-asset fund that dynamically adjusts investment exposures.
Benchmark
  • 60% MSCI World Index/40% Barclays Capital Global Aggregate Bond
Investment style
Aggressive
Investment method
None
Fund manager
NameSinceBiography
Multi-Asset Solutions Team02/11/2004
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth AllianceBernstein Dynamic Diversified Beta Portfolio Pn
Initial charge-
Annual charge0.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.46%
Bid price341.9
Offer price341.9
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN9V5
Data provided by

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