Fact sheet: AXA Wealth Btstr 1940 (2005 TD) Pn

Fund information
Fund name
AXA Wealth Birthstar 1940 (2005 Target Date) Pn
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Karen Watkinsince 17/10/2012
  • David Hutchinssince 17/10/2012
No data available.
Fund objective
The fund’s investment objective is to achieve long-term capital growth in real terms, net of fees for investors planning to withdraw substantial portions of their investment at or after the target date of 2005. The fund aims to give the saver the highest possible retirement income, taking into account a reasonable level of risk. This risk is determined by the number of years the saver still has to add to their retirement savings, what the savings could earn over those years and how easy it will be for them to make up any possible losses in that period.
Benchmark
No data available.
Investment style
Target Maturity
Investment method
Equity, Fixed Interest
Quick stats
1 Year return
6.9%
1 Year rank in sector
263/510
Sector
PN Specialist
Yield
-
Fund size
£0m (£0m 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.
26
Bid price
241.7
Offer price
241.7
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus38.7%
ReAssure AL NptRu&GtrRus Pn38.2%
L&G Nep Russia&Gtr Russia Pn38%
SIP Fidelity Gbl Technology Pn34.2%
OMW InvescoPerpetualEmgEurpn33.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-1.5%5.3%6.9%14.6%-
Sector-1.8%-0.3%7.2%8.4%19.9%43%
Rank within sector184 / 546391 / 544282 / 531263 / 510232 / 386-
Quartile2nd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8%-6.9%2.8%-
Sector8.9%2%7.2%11%7.7%
Rank within sector248 / 514320 / 450152 / 388270 / 357-
Quartile2nd3rd2nd4th
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.
1.69
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.
0.43
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%.
3.63
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.
4.23
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.
-0.48
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.
0.49
Price movement
52 week high246.2
52 week low223.4
Current bid price241.7
Current offer price241.7
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The fund’s investment objective is to achieve long-term capital growth in real terms, net of fees for investors planning to withdraw substantial portions of their investment at or after the target date of 2005. The fund aims to give the saver the highest possible retirement income, taking into account a reasonable level of risk. This risk is determined by the number of years the saver still has to add to their retirement savings, what the savings could earn over those years and how easy it will be for them to make up any possible losses in that period.
Benchmark
No data available.
Investment style
Target Maturity
Investment method
Equity, Fixed Interest
Fund managers
NameSinceBiography
Karen Watkin17/10/2012Karen Watkin is a Vice President who has served since 2011 as Portfolio Manager for the Pension Strategies Group. She is responsible for the investment design and management of AllianceBernstein’s multi-asset solutions for pension schemes in the UK and Europe. From 2008 to 2011, Watkin was portfolio manager for the Index Strategies Group, overseeing the design and implementation of our index strategies for institutional clients in the UK and Europe. She joined the firm in 2003 as an associate portfolio manager and from 2006 to 2008, was manager of the Blend and Value Portfolio Management Group in London, responsible for the optimization, implementation and transition management of institutional client portfolios. Watkin previously worked for three years as a management consultant in the Capital Markets Group at Accenture. She holds a BA in economics with European study from the University of Exeter and is a CFA charterholder.
David Hutchins17/10/2012David Hutchins is a Senior Vice President and Head of AllianceBernstein’s Multi-Asset Pension Strategies business in the UK. He is responsible for the development and management of multi-asset portfolios for both defined benefit and defined contribution clients. Hutchins joined the firm in 2008 after spending two years at UBS Investment Bank, where he was responsible for devising and delivering innovative capital markets risk-management solutions for pension schemes. Prior to that, he spent 13 years at Mercer, where he served as a European principal and scheme actuary, providing trustee and corporate advice to a range of UK pension funds and their sponsors. Hutchins holds a BSc in mathematics and a PGCE from the University of Bristol. He chairs the Investment Management Association’s Defined Contribution Committee and formerly chaired the defined contribution industry working group for the UK government’s “defined ambition” project. He is a Fellow of the Institute of Actuaries.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Birthstar 1940 (2005 Target Date) Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price241.7
Offer price241.7
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI25F
Data provided by

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