Fact sheet: AXA Wealth Fidelity Ehcd Inc Pn

Fund information
Fund name
AXA Wealth Fidelity Enhanced Income Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • David Jehansince 02/02/2009
  • Michael Clarksince 02/02/2009
Underlying fund
Fidelity Enhanced Inc
Fund objective
The Fund aims to achieve income with the potential for some capital growth from a portfolio made up mainly of the shares of UK companies.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
10.5%
1 Year rank in sector
218/227
Sector
PN UK Equity Income
Yield
-
Fund size
£1m (£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.
75
Bid price
268.6
Offer price
268.6
Top in this sector
Fund name1 Year
OMW IPLM&GGlLePn32.7%
OMW UBS UK Equity Income30.9%
OMW IPLRWCUkFoPn22.9%
OMW IPLBaGiUkEqFoPn22.8%
L&G Aberdeen UK EqPn22.7%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK73.9%
    Money Market19.3%
    USA2.8%
    Switzerland2.3%
    France0.9%
  • Consumer Goods21.7%
    Financials21%
    Money Market19.3%
    Health Care10.6%
    Industrials9.3%
  • UK Equities73.9%
    Money Market19.3%
    US Equities2.8%
    Swiss Equities2.3%
    French Equities0.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%6.8%4.6%10.5%17.3%-
Sector1%4.8%7.2%16.7%24.4%65.9%
Rank within sector133 / 22944 / 229190 / 227218 / 227189 / 203-
Quartile3rd1st4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund5.4%3.4%5%4.4%-
Sector4.6%11.5%3.9%3.7%23.2%
Rank within sector72 / 229209 / 223112 / 21885 / 203-
Quartile2nd4th3rd2nd
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.
-0.4
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.
0.79
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.
0.26
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%.
7.74
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.
3.94
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.
-0.49
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.
0.79
Price movement
52 week high269.9
52 week low235.5
Current bid price268.6
Current offer price268.6
Current mid price-
Region
1UK73.85%
2Money Market19.3%
3USA2.77%
4Switzerland2.28%
5France0.9%
6Germany0.9%
Industry sector
1Consumer Goods21.69%
2Financials20.95%
3Money Market19.3%
4Health Care10.6%
5Industrials9.29%
6Utilities8.15%
7Consumer Services4.48%
8Telecommunications2.93%
9Oil & Gas1.79%
Asset type
1UK Equities73.85%
2Money Market19.3%
3US Equities2.77%
4Swiss Equities2.28%
5French Equities0.9%
6German Equities0.9%
Individual holdings
1ASTRAZENECA PLC5.2%
2BRITISH AMERICAN TOBACCO4.7%
3GLAXOSMITHKLINE4.7%
4HSBC HLDGS4.5%
5BAE SYSTEMS4.4%
6RECKITT BENCKISER GROUP PLC4%
7IMPERIAL BRANDS PLC3.7%
8LEGAL & GENERAL GROUP3.4%
9UNILEVER3.4%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to achieve income with the potential for some capital growth from a portfolio made up mainly of the shares of UK companies.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
David Jehan02/02/2009David has 14 years' derivatives experience. He joined Fidelity's derivatives team in 2007 and runs the call option strategy for Fidelity Enhanced Income Fund. Having achieved a degree and a doctorate in physics from Oxford University, he joined the quantitative research desk of the equity derivative department at BZW in 1994. He moved to Commerzbank in 1998 trading equity derivative products.
Michael Clark02/02/2009Michael Clark is a Portfolio Manager at Fidelity Worldwide Investment (FIL). From FIL's London headquarters, Mr. Clark has managed the Fidelity Income Plus Fund since July 2008. He also manages the Fidelity Enhanced Income Fund, which was launched in February 2009. Prior to becoming a Portfolio Manager, Mr. Clark spent five years as Pan-European Equity Research Analyst with Fidelity, covering oil services, construction, automotive and industrials. Mr Clark has over twenty years investment experience as an analyst on the sell-side, covering a wide range of companies and sectors in the UK and Continental Europe. These sectors include foods, business services, pharmaceuticals and electrical engineering. Previously he worked at JP Morgan, Enskilda and Morgan Grenfell. In 1982 Mr Clark gained a degree in Modern Languages from Cambridge University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Fidelity Enhanced Income Pn
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price273.8
Offer price273.8
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI7LU
AXA Wealth Fidelity Enhanced Income Pn S3
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price273.8
Offer price273.8
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI7LV
AXA Wealth Fidelity Enhanced Income Pn S4
Initial charge-
Annual charge1.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.9%
Bid price268.6
Offer price268.6
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI7LW
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.