Fact sheet: AXA Wealth Elite Bond Pn

Fund information
Fund name
AXA Wealth Elite Bond Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Architas Multi-Manager Limitedsince 01/01/2010
No data available.
Fund objective
The Fund aims to outperform the ABI Sterling Fixed Interest sector average over 3-year rolling periods. Separate specialist Fund Managers are chosen using strict selection criteria.
Benchmark
  • UK Fixed Interest SA
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
5.8%
1 Year rank in sector
134/174
Sector
PN Sterling Fixed Interest
Yield
-
Fund size
£250m (£234m 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.
39
Bid price
338.4
Offer price
338.4
Top in this sector
Fund name1 Year
OMW IPL F&C Sht Pr Rl Dn LDI Pn48.7%
OMW IPL F&C Nominal Dyn LDI Pn41.5%
OMW IPL F&C Real Dynamic LDI Pn38.5%
OMW IPL LGIM 2055IdxLkdGltPn24.7%
OMW IPL LGIMOvr15Yr I LGltPn23.8%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

  • UK77.2%
    Not Specified13.8%
    Money Market8.8%
    Others0.2%
  • AA73.9%
    BBB13.8%
    A5.3%
    AAA3.8%
    BB1.8%
  • UK Gilts66.9%
    UK Corporate Fixed Interest15.1%
    Money Market6.7%
    UK Index-Linked Gilts6.6%
    Global Fixed Interest4.6%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%-6%1.7%5.8%13.5%26.8%
Sector-1.9%-6.2%4.5%9.2%24.6%33.3%
Rank within sector149 / 17779 / 17895 / 176134 / 174131 / 14170 / 126
Quartile4th2nd3rd4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.9%-1.2%7.5%0.5%9.8%
Sector11.1%-1.2%13.9%-1.7%6.6%
Rank within sector143 / 174136 / 152133 / 14121 / 13535 / 126
Quartile4th4th4th1st2nd
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.
-1.04
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.
0.74
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.
0.14
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%.
5.65
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.
2.29
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.
-1.21
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.
0.94
Price movement
52 week high362.2
52 week low316.5
Current bid price338.4
Current offer price338.4
Current mid price-
Region
1UK77.2%
2Not Specified13.8%
3Money Market8.8%
4Others0.2%
Industry sector
1AA73.89%
2BBB13.82%
3A5.35%
4AAA3.75%
5BB1.8%
6Money Market0.9%
7Non-Rated0.27%
8B0.2%
9Others0.01%
Asset type
1UK Gilts66.9%
2UK Corporate Fixed Interest15.1%
3Money Market6.7%
4UK Index-Linked Gilts6.6%
5Global Fixed Interest4.6%
6Others0.1%
Individual holdings
1AXA WEALTH BLACKROCK CIF UK GILTS ALL STOCKS TRACKER PN S449.64%
2AXA STERLING STRATEGIC BOND Z GR ACC24.93%
3AXA WEALTH INVESCO PERPETUAL CORPORATE BOND PN S45.13%
4AXA WEALTH NEWTON INTERNATIONAL BOND PN S45.1%
5AXA WEALTH AXA STERLING INDEX LINKED BOND PN S45.09%
6M&G CORPORATE BOND INST ACC GBP5.07%
7AXA WEALTH KAMES INVESTMENT GRADE BOND PN S45.04%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to outperform the ABI Sterling Fixed Interest sector average over 3-year rolling periods. Separate specialist Fund Managers are chosen using strict selection criteria.
Benchmark
  • UK Fixed Interest SA
Investment style
No data available.
Investment method
None
Fund managers
NameSinceBiography
Architas Multi-Manager Limited01/01/2010
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Elite Bond Pn
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price205.1
Offer price205.1
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWS40
AXA Wealth Elite Bond Pn S3
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price205.1
Offer price205.1
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW221
AXA Wealth Elite Bond Pn S4
Initial charge-
Annual charge1.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price338.4
Offer price338.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDJL8
Data provided by

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