Fact sheet: AXA Wealth Btstr TD 2046-50 Pn

Fund information
Fund name
AXA Wealth Birthstar Target Date 2046-50 Pn S1
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Karen Watkinsince 30/07/2014
  • David Hutchinssince 30/07/2014
No data available.
Fund objective
The Fund aims to maximise potential retirement income. As the target retirement date approaches, the Fund progressively moves from a growth portfolio towards a more cautious portfolio. The growth portfolio will invest mainly in equity like investments and the cautious portfolio will invest predominantly in bond like investments.
Benchmark
No data available.
Investment style
Flexible,Target Maturity
Investment method
No data available.
Quick stats
1 Year return
18.2%
1 Year rank in sector
88/514
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.
86
Bid price
248.3
Offer price
248.3
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus43.4%
ReAssure AL NptRu&GtrRus Pn42.9%
L&G Nep Russia&Gtr Russia Pn42.6%
Scot Eq JPM Emg Eur Eq Pn40.7%
OMW InvescoPerpetualEmgEurpn38.9%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Global Developed Equities56.1%
    UK Equities17.1%
    Global Emerging Market Equities10.1%
    International Property6.9%
    Global Small Cap Equities6.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%2.9%13.8%18.2%--
Sector-0.2%-0.6%6.2%8.8%20.9%41.2%
Rank within sector33 / 54645 / 54551 / 53188 / 514--
Quartile1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund17.8%1%---
Sector8.7%2%7.2%11%7.7%
Rank within sector82 / 514248 / 450---
Quartile1st3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high255.3
52 week low189.8
Current bid price248.3
Current offer price248.3
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Global Developed Equities56.1%
2UK Equities17.1%
3Global Emerging Market Equities10.1%
4International Property6.9%
5Global Small Cap Equities6.8%
6Commodity & Energy3.1%
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 aims to maximise potential retirement income. As the target retirement date approaches, the Fund progressively moves from a growth portfolio towards a more cautious portfolio. The growth portfolio will invest mainly in equity like investments and the cautious portfolio will invest predominantly in bond like investments.
Benchmark
No data available.
Investment style
Flexible,Target Maturity
Investment method
No data available.
Fund managers
NameSinceBiography
Karen Watkin30/07/2014Karen 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 Hutchins30/07/2014David 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 Target Date 2046-50 Pn S1
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price248.3
Offer price248.3
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKPPM
AXA Wealth Birthstar Target Date 2046-50 Pn S3
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price248.3
Offer price248.3
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKPPN
Data provided by

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