Fact sheet: AXA Wealth AXA SterlCo Bd Pn

Fund information
Fund name
AXA Wealth AXA Sterling Corporate Bond Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Philip Roantreesince 30/09/2015
Underlying fund
AXA Sterling Corp Bond
Fund objective
The Fund aims to generate returns by gaining exposure generally to the sterling denominated corporate bond markets in the UK and overseas.
Benchmark
  • BofA Merrill Lynch Sterling Corporate & Collateralized
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
7.5%
1 Year rank in sector
77/260
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£1m (£1m 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.
33
Bid price
354.6
Offer price
354.6
Top in this sector
Fund name1 Year
MetLife Fid Corp Bd 20yr Pn14.3%
FL TEActv Bln Bd IE12.9%
OMW IPL L&G AAA CrpBdOv15YIx Pn12.1%
L&G PMC AAAAAA CpBd Ov15Y Id Pn12%
AEGON Long Core Plus Pn11.7%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • Not Specified99.7%
    Money Market0.3%
  • BBB64.4%
    A23.8%
    AA4.5%
    BB4%
    AAA2.2%
  • Global Corporate Fixed Interest99.7%
    Money Market0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-4.1%3.2%7.5%16.8%35.9%
Sector-1.3%-4.7%2.5%6.8%19%38.6%
Rank within sector156 / 265105 / 26538 / 26577 / 260172 / 235153 / 210
Quartile3rd2nd1st2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8.7%-1.2%9.3%0.1%14.2%
Sector7.7%0.2%10.5%1%13.5%
Rank within sector65 / 260230 / 246169 / 235176 / 22688 / 210
Quartile1st4th3rd4th2nd
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.
-0.68
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.
0.99
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.
0.27
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%.
5.42
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.
1.18
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.
-0.61
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 high372.3
52 week low321.9
Current bid price354.6
Current offer price354.6
Current mid price-
Region
1Not Specified99.72%
2Money Market0.28%
Industry sector
1BBB64.41%
2A23.8%
3AA4.53%
4BB4.01%
5AAA2.18%
6Non-Rated0.79%
7Money Market0.28%
Asset type
1Global Corporate Fixed Interest99.72%
2Money Market0.28%
Individual holdings
1BPCE SA 5.25% BDS 16/04/29 GBP1000001.5%
2UNITED UTIL 8.88% 25/03/20261.4%
3CNP ASSURANCES 1% 30/09/20411.3%
4ELEC DE FRANCE 6.00% 29/01/20261.3%
5LLOYDS BANK PLC 7.50% NTS 15/04/24 GBP1000001.3%
6BAA FDG 6.45% 10/12/20311.2%
7FIRSTGROUP 8.750% BDS 08/04/21 GBP500001.2%
8MEADOWHALL FINANCE PLC 4.986% 12/01/20321.2%
9RABOBANK NEDERLAND 4.63% 23/05/20291.2%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to generate returns by gaining exposure generally to the sterling denominated corporate bond markets in the UK and overseas.
Benchmark
  • BofA Merrill Lynch Sterling Corporate & Collateralized
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Philip Roantree30/09/2015Phil joined AXA IM in 2014 as a Senior Portfolio Manager within the Sterling Credit team, managing both Active and Buy and Maintain portfolios. He is Lead Portfolio Manager for the AXA Sterling Corporate Bond Fund and Deputy Portfolio Manager for the AXA Sterling Credit Short Duration Bond Fund. He has nearly 30 years of experience managing Sterling Investment Grade Credit, including six years at New Star Asset Management, six years at Aberdeen Asset Management, and eight years at Prolific Asset Management.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth AXA Sterling Corporate Bond Pn
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price367.1
Offer price367.1
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code082Z
AXA Wealth AXA Sterling Corporate Bond Pn S3
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price367.1
Offer price367.1
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code083A
AXA Wealth AXA Sterling Corporate Bond Pn S4
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price354.6
Offer price354.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEUT4
Data provided by

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