Fact sheet: AXA Wealth Hendn UK ProPn

Fund information
Fund name
AXA Wealth Henderson UK Property Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Marcus Langlands Pearsesince 08/04/2009
  • Ainslie McLennansince 03/05/2009
Underlying fund
Henderson UK Prop PAIF
Fund objective
The Fund aims to achieve long term capital growth by investing in shares (i.e. equities) and similar investments of companies listed or located throughout the world.
Benchmark
  • IA - Property
Investment style
None
Investment method
Physical
Quick stats
1 Year return
-0%
1 Year rank in sector
68/159
Sector
PN UK Direct Property
Yield
-
Fund size
£20m (£23m 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.
48
Bid price
284.6
Offer price
284.6
Top in this sector
Fund name1 Year
Guardian Property Pn15.2%
Guardian Choices Property Pn15.2%
Zurich L&G Property Pn8.1%
OMW IPL Aviva Lm Prp Pn7.4%
FL Property AP5.9%
...more in PN UK Direct Property

Performance snapshot

Holdings snapshot

  • South East UK48.2%
    Money Market21.6%
    Midlands20.1%
    Wales7.6%
    Scotland2.5%
  • Retail - Property30.3%
    Money Market21.6%
    Offices - Property20.5%
    Industrial - Property16.1%
    Other - Property9.9%
  • Property76.9%
    Money Market21.6%
    Property Shares1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.1%8.2%-2.1%-0%22%38.6%
Sector0.7%2.5%-2.4%-1.4%24.6%33.2%
Rank within sector2 / 1615 / 16084 / 15968 / 15998 / 15443 / 149
Quartile1st1st3rd2nd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-0.9%8.8%12.3%7.3%7%
Sector-1.7%9.7%14.3%6.9%1%
Rank within sector73 / 159110 / 158113 / 15484 / 1525 / 149
Quartile2nd3rd3rd3rd1st
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.
-2.14
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.
0.97
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.
0.38
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%.
4.45
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.
2.96
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.
-0.81
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.
0.56
Price movement
52 week high291
52 week low260.3
Current bid price284.6
Current offer price284.6
Current mid price-
Region
1South East UK48.22%
2Money Market21.6%
3Midlands20.07%
4Wales7.6%
5Scotland2.51%
Industry sector
1Retail - Property30.34%
2Money Market21.65%
3Offices - Property20.51%
4Industrial - Property16.06%
5Other - Property9.94%
6Property Shares1.5%
Asset type
1Property76.9%
2Money Market21.6%
3Property Shares1.5%
Individual holdings
1RD PARK, HODDESDON3.16%
2169 UNION STREET, SE1, SOUTHWARK2.81%
3CAPITAL PARK, CAMBRIDGE2.5%
4DALTON PARK, MURTON, DURHAM2.2%
5ROBIN SHOPPING PARK, WIGAN1.99%
6K & N, DERBY COMMERCIAL PARK, DERBY1.91%
7TOWER RETAIL PARK, CRAYFORD1.89%
8DATA CENTRE, 3 KING GEORGE CLOSE, ROMFORD1.88%
9WINDSOR OFFICE PARK, WINDSOR1.76%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to achieve long term capital growth by investing in shares (i.e. equities) and similar investments of companies listed or located throughout the world.
Benchmark
  • IA - Property
Investment style
None
Investment method
Physical
Fund managers
NameSinceBiography
Marcus Langlands Pearse08/04/2009Marcus Langlands Pearse has been working in the commercial property industry since 1991. He joined Henderson in 2009 following the acquisition of New Star Asset Management as a Director of UK Property. Marcus transferred to TH Real Estate in April 2014 as part of the joint venture between Henderson and TIAA-CREF. TH Real Estate is now solely owned by TIAACREF. Prior to joining Henderson, Marcus was employed at New Star as an assistant fund manager. He has also worked in private equity with a property focus and on the property investment and property finance teams at HypoVereinsbank. Marcus has as MA (Hons) in Geography from Edinburgh University.
Ainslie McLennan03/05/2009Ainslie McLennan has more than 17 years of property industry expertise. She joined Henderson in 2002 and has gained extensive experience running commercial property fund mandates investing both directly and indirectly in UK and European markets. Ainslie transferred to TH Real Estate in April 2014 as part of a joint venture between Henderson and TIAA-CREF. Ainslie is the Head of UK Balanced funds at TH Real Estate, which is now solely owned by TIAA-CREF. Prior to Henderson, Ainslie worked within a private property investment practice in Scotland. She is a member of the Royal Institution of Chartered Surveyors and the Investment Property Forum; Ainslie graduated from Aberdeen University with a Bachelor of Land Economy (Hons).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Henderson UK Property Pn
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price127.9
Offer price127.9
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07X3
AXA Wealth Henderson UK Property Pn S3
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price127.9
Offer price127.9
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07X4
AXA Wealth Henderson UK Property Pn S4
Initial charge-
Annual charge1.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.8%
Bid price284.6
Offer price284.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDJW1
Data provided by

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