Fact sheet: AXA Wealth HSBC WoSelCau Pn

Fund information
Fund name
AXA Wealth HSBC World Selection Cautious Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Beverley Jane Daviessince 22/01/2009
  • Caroline Margaret Hitchsince 22/01/2009
  • Jim Dunsfordsince 01/01/2016
Underlying fund
HSBC Wld Sel Cautious Pfl
Fund objective
The Fund aims to provide capital growth through balanced investment in a broad range of asset classes across global markets. The Fund will invest primarily in collective investment schemes that in turn invest in fixed income securities, equities, property, commodities and derivatives.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
6.6%
1 Year rank in sector
372/422
Sector
PN Flexible Investment
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.
29
Bid price
276.8
Offer price
276.8
Top in this sector
Fund name1 Year
Scot Eq UBS Stockmkt Mgd Pn28.6%
Aviva Variable Annuity CU Pn27.3%
FL Spicers Adventurous Pn25.6%
Aegon Mrc Divfd Gth Pn25.2%
OMW IPL F&CUK EqLkd GiltPn24.9%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Global Government Fixed Interest36.5%
    Global Corporate Fixed Interest20%
    International Equities14%
    Global Emerging Market Fixed Interest9.5%
    Global High Yield Fixed Interest9.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-1.7%2.8%6.6%13.4%24.6%
Sector0.1%0.2%8.6%12%24.6%53.7%
Rank within sector426 / 485399 / 472419 / 464372 / 422285 / 309235 / 246
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund6.7%-0.5%6.1%3.3%6.9%
Sector11.7%2.5%6.7%14.8%10.5%
Rank within sector373 / 430298 / 335153 / 309258 / 266230 / 249
Quartile4th4th2nd4th4th
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.
0.38
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.
0.51
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.
0.11
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%.
4.07
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.
3.97
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.
-0.72
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.
0.73
Price movement
52 week high284.4
52 week low254.8
Current bid price276.8
Current offer price276.8
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Global Government Fixed Interest36.5%
2Global Corporate Fixed Interest20%
3International Equities14%
4Global Emerging Market Fixed Interest9.5%
5Global High Yield Fixed Interest9.5%
6Money Market5.5%
7Property5%
Individual holdings
1HSBC GLOBAL GOVERNMENT BOND STRATEGY20.2%
2HSBC GIF GLOBAL CORPORATE BOND17%
3HSBC GIF GLOBAL GOVERNMENT BOND14.2%
4HSBC GIF GLOBAL HIGH YIELD BOND6.8%
5HSBC FTSE ALL-WORLD INDEX6.4%
6HSBC GIF GLOBAL EMERGING MARKETS LOCAL DEBT AD USD6%
7CASH5.5%
8HSBC GIF GLOBAL REAL ESTATE EQUITY5%
9HSBC GIF GLOBAL EMERGING MARKETS BOND AC USD3.5%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to provide capital growth through balanced investment in a broad range of asset classes across global markets. The Fund will invest primarily in collective investment schemes that in turn invest in fixed income securities, equities, property, commodities and derivatives.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Beverley Jane Davies22/01/2009Jane is a Senior Portfolio Manager and has been managing the World Selection Portfolios and World Index Portfolio ranges since launch. She has been extensively involved in the development of the investment approach used to manage HSBC’s Multi-Asset and Wealth products. Jane has 17 years portfolio management experience with HSBC Group focusing on multi-asset portfolio management and asset allocation. Her previous roles include Head of Global Investment Solutions with responsibility for developing and structuring investment solutions for clients globally including strategic asset allocation modelling and portfolio construction. Prior to that Jane was Head of Multimanager for the UK and Middle East. She joined the Multimanager team at its inception and played a key role in developing both the manager selection process and the portfolio construction process. Prior to that Jane worked within the Tactical Investment Unit of HSBC Global Asset Management focusing on tactical asset allocation and derivatives after being a tutor in Statistical Research Methods with the Institute of Public Administration and Management MBA programme. She joined the asset management industry in 1998.Jane is a qualified Chartered Financial Analyst (CFA) holds the Investment Management Certificate (FSA UK) is a Member of the Society of Technical Analysts (MSTA) and holds a First Class BSc (Hons.) degree in Psychology and Philosophy (University of Leeds).
Caroline Margaret Hitch22/01/2009Caroline is Head of Wealth Portfolio Management - Retail for the London based UK Wealth team. She is responsible for a wide range of investment activities focussed on developing managing and reporting on the department's retail multi asset products including the flagship World Selection portfolios. Caroline re-joined HSBC in 2005 and has many years of investment experience gained through portfolio management for both institutional and retail clients and has also run a number of change management projects related to optimising investment processes. After graduating from Cambridge University with a degree in Economics Caroline joined James Capel & Co in London. Subsequently she has lived and worked in a number of other locations including the Channel Islands and Hong Kong and has been extensively involved with the activities of the investment teams in Europe and North America. Her career includes 10 years managing specialist fixed interest portfolios for central banks and other institutional clients.
Jim Dunsford01/01/2016
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth HSBC World Selection Cautious Pn
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.75%
Bid price286.4
Offer price286.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07XA
AXA Wealth HSBC World Selection Cautious Pn S3
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.75%
Bid price286.4
Offer price286.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07XB
AXA Wealth HSBC World Selection Cautious Pn S4
Initial charge-
Annual charge1.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.2%
Bid price276.8
Offer price276.8
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFEH5
Data provided by

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