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 returns by gaining exposure to sterling-denominated investment grade bonds issued by companies and governments.
Benchmark
  • BofA Merrill Lynch Sterling Non-Gilts
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
8.1%
1 Year rank in sector
107/173
Sector
PN Sterling Fixed Interest
Yield
-
Fund size
£1m (£2m 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
329.3
Offer price
329.3
Top in this sector
Fund name1 Year
OMW IPL F&C Sht Pr Rl Dn LDI Pn61.9%
OMW IPL F&C Real Dynamic LDI Pn61.5%
OMW IPL F&C Nominal Dyn LDI Pn39.8%
OMW IPL LGIM 2055IdxLkdGltPn38%
OMW IPL LGIMOvr15Yr I LGltPn33.8%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

  • UK87.9%
    International10.7%
    Money Market1.5%
  • AA63.1%
    BBB18.1%
    A8.4%
    AAA7.3%
    BB1.6%
  • UK Gilts54.5%
    UK Corporate Fixed Interest33.3%
    Global Index Linked5.5%
    Global Government Fixed Interest5.1%
    Money Market1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%3.1%0.7%8.1%19.1%25.9%
Sector1.2%3.5%1%12.2%26.1%36.4%
Rank within sector113 / 179108 / 177129 / 176107 / 173116 / 144100 / 131
Quartile3rd3rd3rd3rd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund1.6%9.5%-0.6%11.1%-3.6%
Sector2.2%13.1%-1.2%13.9%-1.7%
Rank within sector128 / 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.
-0.84
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.
0.42
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%.
6.76
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.
1.39
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.
-1.24
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 low303.4
Current bid price329.3
Current offer price329.3
Current mid price-
Region
1UK87.85%
2International10.66%
3Money Market1.49%
Industry sector
1AA63.12%
2BBB18.06%
3A8.42%
4AAA7.29%
5BB1.63%
6Money Market1.49%
Asset type
1UK Gilts54.52%
2UK Corporate Fixed Interest33.33%
3Global Index Linked5.52%
4Global Government Fixed Interest5.14%
5Money Market1.49%
Individual holdings
1TREASURY 4.5% GILT 7/9/2034 GBP0.016.4%
2UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD1005.5%
3GERMANY(FEDERAL REPUBLIC OF) 1.5% NTS 15/02/23 EUR0.015.1%
4TREASURY 4% GILT 22/01/60 GBP0.014.9%
5TREASURY 4.75% GILT 07/12/30 GBP4.9%
6TREASURY 1.5% GILT 22/07/26 GBP0.014.2%
7TREASURY 4.25% GILT 7/12/462.7%
8UK CONV GILT REGS 3.50% 22/01/20452.7%
9TREASURY 4.25% GILT 07/03/36 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 returns by gaining exposure to sterling-denominated investment grade bonds issued by companies and governments.
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 price330.1
Offer price330.1
Mid price-
CurrencyGBX
Price updated25/04/2017
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 price330.1
Offer price330.1
Mid price-
CurrencyGBX
Price updated25/04/2017
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 price329.3
Offer price329.3
Mid price-
CurrencyGBX
Price updated25/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeFRB5
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.