Fact sheet: AXA Wealth AXA Stg IdxLkd Bd Pn

Fund information
Fund name
AXA Wealth AXA Sterling Index Linked Bond Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • David Dyersince 22/09/2004
  • John Madziyiresince 31/08/2006
Underlying fund
AXA Sterling Idx Linked Bd
Fund objective
The Fund aims to provide a level of income that is consistent with a high degree of security of capital, and reflects prevailing Sterling short term interest rates.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
16.5%
1 Year rank in sector
76/146
Sector
PN UK Index - Linked Gilts
Yield
-
Fund size
£58m (£58m 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.
92
Bid price
411.1
Offer price
411.1
Top in this sector
Fund name1 Year
SSgA Uk Idx Lkd Gilt Mar 2062 Pn27.4%
SSgA UK Idx Lkd Gilt Nov2055 Pn21.9%
SSgA UK Idx Lkd Glt Mar 2050 Pn20.8%
L&G Ovr 15Yr IdxLkd GltsIdx Pn20.3%
SSgA MPF Ovr 15Y IL Gilt Pn20.3%
...more in PN UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

  • UK95.2%
    International2.9%
    Money Market1.9%
  • Index Linked94.6%
    Government Bonds2.9%
    Money Market1.9%
    Corporate Bonds0.6%
  • UK Index-Linked94.6%
    Global Government Fixed Interest2.9%
    Money Market1.9%
    Global Corporate Fixed Interest0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-7%-8.4%14.3%16.5%39%44.8%
Sector-5.1%-6.5%14.1%16.3%37.8%44.4%
Rank within sector141 / 151134 / 15073 / 15076 / 14674 / 13667 / 119
Quartile4th4th2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund19.6%-1.4%20.2%-0.1%-0.4%
Sector20%-1.5%18.7%0.1%-0.1%
Rank within sector102 / 14759 / 14048 / 13670 / 12870 / 119
Quartile3rd2nd2nd3rd3rd
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.
0.09
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.
1.11
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.
0.83
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%.
12.53
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.
1.95
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.
0.67
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.
0.98
Price movement
52 week high460.5
52 week low342.1
Current bid price411.1
Current offer price411.1
Current mid price-
Region
1UK95.21%
2International2.89%
3Money Market1.9%
Industry sector
1Index Linked94.57%
2Government Bonds2.89%
3Money Market1.9%
4Corporate Bonds0.64%
Asset type
1UK Index-Linked94.57%
2Global Government Fixed Interest2.89%
3Money Market1.9%
4Global Corporate Fixed Interest0.64%
Individual holdings
1TREASURY 1.25% IDX-LKD GILT 22/11/55 GBP0.016.3%
2TSY I/L GILT 0.125% 22/03/495.8%
3TREASURY 0.375% IDX-LKD GILT 22/03/62 GBP5.7%
4TREASURY 0.75% IDX LKD GILT 22/11/47 GBP5.5%
5TREASURY 1.125% IDX GILT 22/11/37 GBP5.4%
6UK TREASURY IL 0.5% 22/11/20475.4%
7TREASURY 0.125% GILT 22/03/44 GBP0.014.9%
8TREASURY 1.25% IDX-LKD GILT 22/11/27 GBP0.014.9%
9TREASURY 0.625% IDX-LKD GILT 22/11/42 GBP4.7%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to provide a level of income that is consistent with a high degree of security of capital, and reflects prevailing Sterling short term interest rates.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
None
Fund managers
NameSinceBiography
David Dyer22/09/2004David joined the AXA Group in September 1980 and is re-sponsible for a range of funds, with a particular focus on infla-tion-linked bonds and insurance company investments. In his long career with the Group, David has had experience across a wide range of asset classes including equities as well as the full spectrum of fixed-income investments. In particular David is recognised as a market leader in inflation products, having followed them ever since studying the issue of the very first UK index-linked gilt in 1981 when taking an actuarial investment exam. David holds a BSc (Hons) in Mathematics with Statistics from the University of Bristol and is a Fellow of the Institute of Actuaries.
John Madziyire31/08/2006John joined AXA IM in September 2006 and is a Sterling Rates Portfolio Manager, based in London. Prior to joining AXA IM, John spent three years with Legal & General Investment Management, where he managed a range of fixed income portfolios. He began his career as a Portfolio Analyst at State Street Global Advisors. John holds a BCom (Hons) in Financial Analysis & Portfolio Management and a BCom Economics and Finance, both from the University of Cape Town in South Africa and is a CFA® Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth AXA Sterling Index Linked Bond Pn
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.35%
Bid price1143.3
Offer price1143.3
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07XL
AXA Wealth AXA Sterling Index Linked Bond Pn S2
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.45%
Bid price373.3
Offer price373.3
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07XM
AXA Wealth AXA Sterling Index Linked Bond Pn S3
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.55%
Bid price226.3
Offer price226.3
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07XN
AXA Wealth AXA Sterling Index Linked Bond Pn S4
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 price411.1
Offer price411.1
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDKA3
Data provided by

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