Fact sheet: AXA Wealth AXA SterliSttBd Pn

Fund information
Fund name
AXA Wealth AXA Sterling Strategic Bond Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Philip Roantreesince 01/12/2016
Underlying fund
AXA Sterling Strategic Bd
Fund objective
The Fund aims to generate an income return combined with capital growth over the long term.
Benchmark
  • BofA Merrill Lynch Sterling Non-Gilts
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
7.7%
1 Year rank in sector
105/174
Sector
PN Sterling Fixed Interest
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.
45
Bid price
331.6
Offer price
331.6
Top in this sector
Fund name1 Year
OMW IPL F&C Sht Pr Rl Dn LDI Pn59.8%
OMW IPL F&C Real Dynamic LDI Pn59.3%
OMW IPL LGIM 2055IdxLkdGltPn34.2%
OMW IPL F&C Nominal Dyn LDI Pn33.5%
OMW IPL LGIMOvr15Yr I LGltPn31.5%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

  • UK99.3%
    Money Market0.7%
  • AA69%
    BBB18.6%
    A7.9%
    AAA2.1%
    BB1.7%
  • UK Gilts66%
    UK Corporate Fixed Interest33.3%
    Money Market0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%1.7%4.3%7.7%19.6%24.5%
Sector0.7%2.5%5.4%11.9%26.2%34.8%
Rank within sector73 / 179125 / 179114 / 176105 / 174105 / 14498 / 131
Quartile2nd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.3%9.5%-0.6%11.1%-3.6%
Sector3%13.1%-1.2%13.9%-1.7%
Rank within sector108 / 177103 / 173109 / 151109 / 14099 / 133
Quartile3rd3rd3rd4th3rd
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.
-0.98
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.
0.88
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.
0.37
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%.
6.77
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.
1.41
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.
-1.3
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.
0.97
Price movement
52 week high343.8
52 week low308.3
Current bid price331.6
Current offer price331.6
Current mid price-
Region
1UK99.34%
2Money Market0.66%
Industry sector
1AA69%
2BBB18.55%
3A7.92%
4AAA2.13%
5BB1.65%
6Money Market0.66%
Asset type
1UK Gilts66.02%
2UK Corporate Fixed Interest33.32%
3Money Market0.66%
Individual holdings
1TREASURY 4.5% GILT 7/9/2034 GBP0.016.2%
2UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD1005.4%
3TREASURY 4% GILT 22/01/60 GBP0.014.9%
4TREASURY 4.75% GILT 07/12/30 GBP4.8%
5TREASURY 4.75% GILT 20204.4%
6TREASURY 1.5% GILT 22/07/26 GBP0.013.3%
7TREASURY 4.25% GILT 7/12/462.7%
8UK CONV GILT REGS 3.50% 22/01/20452.7%
9TREASURY 1.5% GILT 22/01/2021 GBP0.012.6%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to generate an income return combined with capital growth over the long term.
Benchmark
  • BofA Merrill Lynch Sterling Non-Gilts
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Philip Roantree01/12/2016Phil 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 both the AXA Sterling Corporate Bond Fund and Sterling Strategic Bond Fund as well as 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 Strategic 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)0.95%
Bid price332.5
Offer price332.5
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code083F
AXA Wealth AXA Sterling Strategic 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)0.95%
Bid price332.5
Offer price332.5
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code083G
AXA Wealth AXA Sterling Strategic 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)1.4%
Bid price331.6
Offer price331.6
Mid price-
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeFRB5
Data provided by

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