Fact sheet: AXA Wealth AXA Framl Mg Bal Pn

Fund information
Fund name
AXA Wealth AXA Framlington Managed Balanced Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Richard Peirsonsince 01/03/1994
  • Jamie Hoopersince 01/11/2006
Underlying fund
AXA FrmlngtnMgdBal
Fund objective
The Fund aims to achieve capital growth through investment in a broad range of securities in all or any economic sectors in all or any parts of the world which, in the Manager's opinion, show above-average profitability, management quality and growth, balancing risk and return for investors.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
Equity, Fixed Interest, Money Market
Quick stats
1 Year return
16.5%
1 Year rank in sector
594/863
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£10m (£10m 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.
75
Bid price
349.9
Offer price
349.9
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn31.1%
FL My Ftr Advantage Gth Pn29.6%
FL My Ftr Adv Gth XE/IE Pn29.1%
Scot Eq Ext Bal Coll (ex MLC) Pn28.6%
Scot Eq Sequel Adven Jrny Pn27.9%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK41.9%
    Europe ex UK16.5%
    North America14.2%
    Money Market10.4%
    Japan5.7%
  • Others25.1%
    Financials13.1%
    Health Care11%
    Industrials10.3%
    Consumer Discretionary10%
  • UK Equities35.2%
    Europe ex UK Equities16.5%
    North American Equities14.2%
    Money Market10.4%
    UK Fixed Interest6.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%4%4.3%16.5%23%49.5%
Sector0.7%3.8%5%17%27.5%49.1%
Rank within sector640 / 904424 / 893670 / 892594 / 863572 / 705355 / 612
Quartile3rd2nd4th3rd4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.6%12.6%2.3%2.4%16.9%
Sector3.1%14.3%2.2%5.7%13.1%
Rank within sector274 / 893565 / 794358 / 747630 / 689117 / 662
Quartile2nd3rd2nd4th1st
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.
-1.55
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.
1.02
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.
0.39
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%.
7.42
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.
1.73
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.
-0.8
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 high354.9
52 week low296.3
Current bid price349.9
Current offer price349.9
Current mid price-
Region
1UK41.86%
2Europe ex UK16.49%
3North America14.17%
4Money Market10.41%
5Japan5.65%
6International3.95%
7Pacific ex-Japan3.9%
8Global Emerging Markets3.58%
Industry sector
1Others25.13%
2Financials13.1%
3Health Care10.98%
4Industrials10.3%
5Consumer Discretionary9.97%
6Information Technology9.75%
7Money Market9.12%
8Energy6.17%
9Consumer Staples5.48%
Asset type
1UK Equities35.15%
2Europe ex UK Equities16.49%
3North American Equities14.17%
4Money Market10.41%
5UK Fixed Interest6.71%
6Japanese Equities5.65%
7Global Fixed Interest3.95%
8Asia Pacific ex Japan Equities3.9%
9Global Emerging Market Equities3.58%
Individual holdings
1AXA FRAMLINGT EMERGING MA3.6%
2ROYAL DUTCH SHELL2.2%
3UNITED KINGDOM GILT 4.75% 7 MAR 20202.2%
4BP PLC1.8%
5JAPAN GOVERNMENT TEN YEAR BOND 0.1% 09/20/20261.7%
6GLAXOSMITHKLINE PLC1.5%
7TREASURY 1% GILT 07/09/17 GBP0.011.5%
8RIO TINTO PLC1.2%
9UNILEVER 24.10.131.2%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to achieve capital growth through investment in a broad range of securities in all or any economic sectors in all or any parts of the world which, in the Manager's opinion, show above-average profitability, management quality and growth, balancing risk and return for investors.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
Equity, Fixed Interest, Money Market
Fund managers
NameSinceBiography
Richard Peirson01/03/1994Richard joined AXA Investment Managers in 1994 and is responsible for the management of a number of pension funds, charities and unit trusts. He is lead manager for the AXA Framlington Managed Balanced Fund. Prior to this, he worked briefly as a computer consultant at Arthur Andersen before moving to the City in 1972. From 1975 he worked at Carr Sebag with private clients, moving with the business to Grieveson Grant and then Kleinwort Benson in 1986. From 1991 he was head of UK Active Management and Equity Research, being responsible for both institutional and retail portfolios. He was a member of the KBIM policy committee and an investment trust director. Richard graduated from the University of Liverpool in 1970 with a degree in Computational and Statistical Science.
Jamie Hooper01/11/2006Jamie Hooper joined AXA Investment Managers in November 2006 and is the lead manager responsible for the AXA Framlington UK Growth fund. Jamie joined from Foreign & Colonial (F&C) where he worked initially as a analyst of pan-European financial companies before successfully managing UK equity portfolios for both Institutional and Investment Trust clients (including the ISIS UK Select Trust plc). He joined F&C in 1995 following a career in banking, where Jamie worked for Barclays plc as a senior corporate advances analyst for eight years. Jamie is an Associate of the Chartered Institute of Bankers and the UK Society of Investment Professionals (formerly AIIMR).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth AXA Framlington Managed Balanced Pn
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.2%
Bid price360.6
Offer price360.6
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07SZ
AXA Wealth AXA Framlington Managed Balanced Pn S3
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.2%
Bid price360.6
Offer price360.6
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07T0
AXA Wealth AXA Framlington Managed Balanced Pn S4
Initial charge-
Annual charge1.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.65%
Bid price349.9
Offer price349.9
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKPA8
Data provided by

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