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
10.6%
1 Year rank in sector
217/225
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.
77
Bid price
261.8
Offer price
261.8
Top in this sector
Fund name1 Year
OMW IPLM&GGlLePn41.9%
OMW UBS UK Equity Income41.6%
OMW IPLMaUkEqPn34%
LV= Schroder Income Pn33.3%
FL Schroder Inc AP32.7%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK84.8%
    Money Market7.9%
    USA2.9%
    Switzerland2.7%
    Germany0.9%
  • Consumer Goods25.5%
    Financials21.4%
    Health Care12.4%
    Industrials11.5%
    Utilities9.6%
  • UK Equities84.8%
    Money Market7.9%
    US Equities2.9%
    Swiss Equities2.7%
    German Equities0.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.1%5.6%0%10.6%14.5%-
Sector2.6%6.2%5.1%20%20%60.7%
Rank within sector24 / 231165 / 231204 / 229217 / 225176 / 205-
Quartile1st3rd4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund2.7%3.4%5%4.4%-
Sector2.4%11.5%3.9%3.7%23.2%
Rank within sector77 / 231211 / 225114 / 22087 / 205-
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.
-0.51
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.
0.78
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.
0.18
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%.
7.85
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.
3.91
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.
-0.5
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.
0.81
Price movement
52 week high266.4
52 week low235.5
Current bid price261.8
Current offer price261.8
Current mid price-
Region
1UK84.8%
2Money Market7.9%
3USA2.9%
4Switzerland2.7%
5Germany0.9%
6France0.8%
Industry sector
1Consumer Goods25.5%
2Financials21.4%
3Health Care12.4%
4Industrials11.5%
5Utilities9.6%
6Money Market7.9%
7Consumer Services4.5%
8Telecommunications4.5%
9Oil & Gas1.7%
Asset type
1UK Equities84.8%
2Money Market7.9%
3US Equities2.9%
4Swiss Equities2.7%
5German Equities0.9%
6French Equities0.8%
Individual holdings
1ASTRAZENECA PLC5.16%
2HSBC HLDGS4.97%
3GLAXOSMITHKLINE4.86%
4BAE SYSTEMS4.35%
5RECKITT BENCKISER GROUP PLC4.13%
6BRITISH AMERICAN TOBACCO3.95%
7IMPERIAL BRANDS PLC3.76%
8LEGAL & GENERAL GROUP3.65%
9BT GROUP3.45%
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 price266.6
Offer price266.6
Mid price-
CurrencyGBX
Price updated24/02/2017
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 price266.6
Offer price266.6
Mid price-
CurrencyGBX
Price updated24/02/2017
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 price261.8
Offer price261.8
Mid price-
CurrencyGBX
Price updated24/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI7LW
Data provided by

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