Fact sheet: AXA Wealth Invtc EM Blded Dbt Pn

Fund information
Fund name
AXA Wealth Investec EM Blended Debt Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Grant Webstersince 01/10/2012
  • Peter Eerdmanssince 01/10/2012
No data available.
Fund objective
The Fund aims to provide an income and grow the value of your investment over the long term. The Fund invests primarily in bonds (contracts to repay borrowed money which typically pay interest at fixed times).
Benchmark
No data available.
Investment style
Total Return
Investment method
Fixed Interest
Quick stats
1 Year return
21.4%
1 Year rank in sector
7/20
Sector
PN Global High Yield
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.
90
Bid price
258.5
Offer price
258.5
Top in this sector
Fund name1 Year
FL Cap Grp Gbl Hi Inc Opps Pn31.1%
FL MyMCaGrGlHiInOpPn30.3%
OMW Old Mutual Emg Mkt Dt25.9%
Canlife Tndle Emg Mkt Bond Pn25.8%
OMW Old Mut Monthly Inc HY Bnd23.7%
...more in PN Global High Yield

Performance snapshot

Holdings snapshot

  • Others11.9%
    Brazil11.7%
    Mexico10.6%
    Indonesia9.6%
    Global Emerging Markets6.6%
  • BBB31%
    BB30.4%
    A17%
    B12.2%
    Money Market5.7%
  • Global Fixed Interest11.9%
    Brazilian Fixed Interest11.7%
    Mexican Fixed Interest10.6%
    Indonesian Fixed Interest9.6%
    American Emerging Fixed Interest8.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%1.9%-2.8%21.4%--
Sector-0.7%2.7%-0.7%16.5%19%26%
Rank within sector16 / 2010 / 2016 / 207 / 20--
Quartile4th2nd4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.5%29.7%-4.3%--
Sector2.4%22.8%-5.8%1.8%-3.4%
Rank within sector14 / 206 / 1910 / 17--
Quartile3rd2nd3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high268.8
52 week low207.7
Current bid price258.5
Current offer price258.5
Current mid price-
Region
1Others11.9%
2Brazil11.7%
3Mexico10.6%
4Indonesia9.6%
5Global Emerging Markets6.6%
6South Africa6%
7Money Market5.7%
8Turkey5.3%
9Colombia4.6%
Industry sector
1BBB31%
2BB30.4%
3A17%
4B12.2%
5Money Market5.7%
6AAA1.4%
7CCC1.3%
8AA0.8%
9CC0.2%
Asset type
1Global Fixed Interest11.9%
2Brazilian Fixed Interest11.7%
3Mexican Fixed Interest10.6%
4Indonesian Fixed Interest9.6%
5American Emerging Fixed Interest8.7%
6Global Emerging Market Fixed Interest6.6%
7South African Fixed Interest6%
8Money Market5.7%
9Middle East & African Fixed Interest5.3%
Individual holdings
1INVESTEC GSF EM CORPORATE DEBT FUND S USD6.6%
2LETRA TESOURO NACIONAL JAN 01 193.6%
3RUSSIAN FEDERATION MINISTRY FINANCE 7.75% BDS 16/09/26 RUB10002.1%
4RSA 10.5 DEC 21 262%
5BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL10001.9%
6MEXICO(UNITED MEXICAN STATES) 6.5% NTS 10/06/21 MXN100 M1.6%
7MEXICO(UNITED MEXICAN STATES) 6.5% BDS 09/06/22 MXN1001.5%
8BRAZIL LETRAS DO TESOURO NACIO JUL 01 201.2%
9POLAND(STATE TREASURY OF) 5.25% BDS 25/10/20 PLN10001.2%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to provide an income and grow the value of your investment over the long term. The Fund invests primarily in bonds (contracts to repay borrowed money which typically pay interest at fixed times).
Benchmark
No data available.
Investment style
Total Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Grant Webster01/10/2012Grant is an investment specialist in the Emerging Markets Debt & Currency team and a portfolio manager. Grant is responsible for former CIS and the Middle East, as well as quantitative analysis on emerging markets multi-strategy projects. Prior to joining Investec Asset Management in 2011, Grant worked in London as a quantitative analyst and portfolio manager of global macro and convertible bond funds at RWC Partners. He also spent a year working as an equity analyst for Investec Asset Management in Cape Town in 2006. Grant holds a Bachelor of Business Science (honours) degree from the University of Cape Town and a Masters in Finance from London Business School, concentrating on investments and quantitative finance. Grant is a qualified Actuary (AIA) and CFA Charterholder.
Peter Eerdmans01/10/2012Peter is co-head of Emerging Market Fixed Income at Investec Asset Management. He is jointly responsible with Werner Gey van Pittius for all global emerging market debt strategies. Peter is also responsible for Asian markets within the team. Peter joined Investec Asset Management in 2005 from Watson Wyatt, where he was responsible for bond and currency manager research. Prior to his time at Watson Wyatt, he spent six years as a senior portfolio manager responsible for global bond management at Robeco, where he helped develop the credit process and lead on numerous projects improving the process and tools of the department. He graduated in 1995 with a Masters degree in Econometrics from Erasmus University Rotterdam.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Investec EM Blended Debt 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 price262
Offer price262
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKJXP
AXA Wealth Investec EM Blended Debt 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 price262
Offer price262
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKJXQ
AXA Wealth Investec EM Blended Debt 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 price258.5
Offer price258.5
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKJXR
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.