Fact sheet: AXA Wealth Arch MM MlyHgInc Pn

Fund information
Fund name
AXA Wealth Architas Multi-Manager Monthly High Income Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Solomon Nevinssince 01/02/2013
  • Sheldon MacDonaldsince 31/08/2016
Underlying fund
Architas MM Mthly Hi Inc
Fund objective
The investment objective of the Fund is to generate an attractive level of monthly income relative to prevailing interest rates. The Fund may invest in collective investment schemes, transferable securities, money market instruments, warrants, deposits and derivative instruments to deliver exposure primarily to fixed interest asset classes. Use may be made of stock-lending, borrowing and hedging. Although the debt and debt-related securities that this Fund may directly invest in will primarily be of investment grade quality (that is with a credit rating of at least BBB- as rated by Standard and Poors or Baa3 as rated by Moody’s), this Fund may also invest in Non-investment grade securities. The Fund may use derivatives and forward transactions for investment purposes as well as for Efficient Portfolio Management.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
10.3%
1 Year rank in sector
308/514
Sector
PN Specialist
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.
29
Bid price
271.2
Offer price
271.2
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus91.2%
ReAssure AL NptRu&GtrRus Pn90.1%
L&G Nep Russia&Gtr Russia Pn88.4%
OMW InvescoPerpetualEmgEurpn76.4%
Scot Eq JPM Emg Eur Eq Pn69.2%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • UK49.8%
    International36.7%
    Not Specified7.2%
    Global Emerging Markets5.9%
    Others0.4%
  • No data available.
  • UK Corporate Fixed Interest27.2%
    Global Fixed Interest20.9%
    Global High Yield Fixed Interest15.8%
    UK Equities15.5%
    Property7.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.1%0.5%4.1%10.3%15.7%33.1%
Sector2.6%1.8%5.9%16.2%22.2%45%
Rank within sector283 / 546352 / 542283 / 539308 / 514234 / 386192 / 317
Quartile3rd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.8%9%0.4%6.2%4.2%
Sector1.3%11.6%2%7.2%11%
Rank within sector287 / 546274 / 510294 / 446179 / 384248 / 357
Quartile3rd3rd3rd2nd3rd
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.
1.41
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.
0.54
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.
0.4
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%.
4.13
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.
3.72
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.
-0.43
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.
0.63
Price movement
52 week high272.5
52 week low240.2
Current bid price271.2
Current offer price271.2
Current mid price-
Region
1UK49.81%
2International36.66%
3Not Specified7.21%
4Global Emerging Markets5.91%
5Others0.42%
Industry sector
No data available.
Asset type
1UK Corporate Fixed Interest27.2%
2Global Fixed Interest20.86%
3Global High Yield Fixed Interest15.8%
4UK Equities15.54%
5Property7.21%
6UK Gilts7.07%
7Global Emerging Market Fixed Interest5.91%
8Alternative Assets0.42%
Individual holdings
1L&G STERLING CORPORATE BOND INDEX C INC11.65%
2VANGUARD UK INVESTMENT GRADE BOND INDEX FUND6.94%
3BLACKROCK UK GILTS ALL STOCKS TRACKER FUND6.23%
4AXA PAN EUROPEAN HIGH YIELD BOND R ACC6.1%
5VANGUARD US INVESTMENT GRADE CREDIT INDEX6.04%
6L & G EMERGING MARKETS GOVERNMENT BOND5.81%
7AXA FRAMLINGTON MONTHLY INCOME R INC5.4%
8THREADNEEDLE UK MONTHLY INCOME FUND5.29%
9FIDELITY ENHANCED INCOME W4.59%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The investment objective of the Fund is to generate an attractive level of monthly income relative to prevailing interest rates. The Fund may invest in collective investment schemes, transferable securities, money market instruments, warrants, deposits and derivative instruments to deliver exposure primarily to fixed interest asset classes. Use may be made of stock-lending, borrowing and hedging. Although the debt and debt-related securities that this Fund may directly invest in will primarily be of investment grade quality (that is with a credit rating of at least BBB- as rated by Standard and Poors or Baa3 as rated by Moody’s), this Fund may also invest in Non-investment grade securities. The Fund may use derivatives and forward transactions for investment purposes as well as for Efficient Portfolio Management.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
None
Fund managers
NameSinceBiography
Solomon Nevins01/02/2013Solomon joined Architas in June 2008 and leads the team’s research on alternative assets. In addition to his research responsibilities, he also manages our multi-asset income portfolios and real assets portfolio. Solomon  has a degree in Economics and History from Bristol University, is a CFA Charter holder and IMC qualified.
Sheldon MacDonald31/08/2016Sheldon manages the Architas Multi-Asset Blended Fund range. He oversees fund selection and manages the products' asset allocation and investment strategies. He also leads fund manager research across a number of sectors, including multi-asset and money market strategies. Before joining Architas in 2010, Sheldon was a fund of funds manager at Nedgroup Investments, part of Old Mutual Plc. As well as running a variety of long only multi-asset strategies, Sheldon has extensive experience in the hedge fund space and, prior to joining Nedgroup Investments, was Head of Derivative Trading at Old Mutual Asset Managers in South Africa. Sheldon has a BComm in Financial Accounting and Economics and holds the IMC. He has 22 years of investment experience.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Architas Multi-Manager Monthly High Income Pn
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price279
Offer price279
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07UP
AXA Wealth Architas Multi-Manager Monthly High Income Pn S3
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price279
Offer price279
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07UO
AXA Wealth Architas Multi-Manager Monthly High Income Pn S4
Initial charge-
Annual charge1.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.4%
Bid price271.2
Offer price271.2
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL1G9
Data provided by

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