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
  • Nick Hayessince 30/08/2010
Underlying fund
AXA Sterling Strategic Bd
Fund objective
The Fund aims to generate returns by gaining exposure to sterling-denominated investment grade bonds issued by companies and governments.
Benchmark
  • BofA Merrill Lynch Sterling Broad Market Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.1%
1 Year rank in sector
116/174
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
317
Offer price
317
Top in this sector
Fund name1 Year
OMW IPL F&C Real Dynamic LDI Pn49.9%
OMW IPL F&C Sht Pr Rl Dn LDI Pn48.1%
OMW IPL F&C Nominal Dyn LDI Pn33.4%
OMW IPL LGIM 2055IdxLkdGltPn27.3%
OMW IPL LGIMOvr15Yr I LGltPn23.8%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

  • UK98.8%
    Money Market1.2%
  • AA68.2%
    BBB19.6%
    A7.7%
    AAA1.7%
    BB1.6%
  • UK Gilts65.1%
    Global Corporate Fixed Interest33.7%
    Money Market1.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%-7.3%1.9%6.1%16.7%23.9%
Sector-2%-6.9%5.4%9%23.1%33.1%
Rank within sector147 / 178114 / 177139 / 177116 / 174116 / 14295 / 127
Quartile4th3rd4th3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund7.1%-0.6%11.1%-3.6%6.5%
Sector10.6%-1.2%13.9%-1.7%6.6%
Rank within sector125 / 175112 / 153111 / 142101 / 13670 / 127
Quartile3rd3rd4th3rd3rd
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.
-0.96
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.
0.89
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.
0.31
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%.
6.6
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.
1.34
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.
-1.29
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 low295.7
Current bid price317
Current offer price317
Current mid price-
Region
1UK98.8%
2Money Market1.2%
Industry sector
1AA68.24%
2BBB19.62%
3A7.65%
4AAA1.71%
5BB1.58%
6Money Market1.2%
Asset type
1UK Gilts65.07%
2Global Corporate Fixed Interest33.74%
3Money Market1.2%
Individual holdings
1TREASURY 2% GILT 07/09/25 GBP0.017%
2TREASURY 4.5% GILT 7/9/2034 GBP0.016.1%
3TREASURY 4% GILT 22/01/60 GBP0.015.5%
4TREASURY 4.75% GILT 07/12/30 GBP5.4%
5TREASURY 1.75% GILT 22/07/19 GBP0.014.4%
6TREASURY 1.5% GILT 22/07/26 GBP0.014.1%
7UK TREASURY GILT 1.5% 22/01/20213.4%
8TREASURY 4.25% GILT 7/12/462.6%
9UK CONV GILT REGS 3.50% 22/01/20452.6%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to generate returns by gaining exposure to sterling-denominated investment grade bonds issued by companies and governments.
Benchmark
  • BofA Merrill Lynch Sterling Broad Market Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Nick Hayes30/08/2010Nick joined AXA IM in June 2010 as a Senior Portfolio Manager. Managing both Sterling Credit and Sterling Rates portfolios, he is lead manager on our flagship Sterling Corporate Bond and Sterling Strategic Bonds funds. Prior to joining AXA IM, he spent seven years at New Star / Henderson New Star where he was a Senior Portfolio Manager in the New Star Fixed Interest team. At New Star he managed various funds including pure Investment Grade, Money Markets and diversified bond funds that invested across government bonds, investment grade and high yield corporate bond funds. Prior to joining New Star in May 2002, Nick worked at WPP Group. Nick holds a BA Honours degree in French and Spanish from Trinity College, Dublin.
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 price317.2
Offer price317.2
Mid price-
CurrencyGBX
Price updated01/12/2016
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 price317.2
Offer price317.2
Mid price-
CurrencyGBX
Price updated01/12/2016
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 price317
Offer price317
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeFRB5
Data provided by

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