Fact sheet: AXA Wealth Jup Gbl Conv Pn

Fund information
Fund name
AXA Wealth Jupiter Global Convertibles Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Lee Manzisince 01/10/2010
  • Miles Geldardsince 01/10/2010
Underlying fund
JGF-Jupiter Gb Convl
Fund objective
The Fund aims to achieve long-term capital growth through investment on a global basis in a diversified portfolio of convertible securities.
Benchmark
  • Thomson Reuters Convertible Global Focus Hedged EUR
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.1%
1 Year rank in sector
360/530
Sector
PN Specialist
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
252.7
Offer price
252.7
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Performance snapshot

Holdings snapshot

  • USA20.9%
    Japan17.5%
    Others12.3%
    China10.3%
    Money Market9.1%
  • Non-Rated62%
    A9.7%
    Money Market9.1%
    BBB8%
    BB6.8%
  • US Fixed Interest20.9%
    Japanese Fixed Interest17.5%
    Global Fixed Interest12.3%
    Chinese Fixed Interest10.3%
    Money Market9.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%1.9%3.1%7.1%9.9%-
Sector0.2%2.6%4%14%24.5%41.7%
Rank within sector329 / 559345 / 555270 / 550360 / 530306 / 398-
Quartile3rd3rd2nd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund1.9%3.7%2.4%1.8%11.9%
Sector2.5%11.6%2%7.2%11%
Rank within sector324 / 555387 / 519147 / 455328 / 393129 / 365
Quartile3rd3rd2nd4th2nd
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.
-0.61
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.
0.52
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
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%.
4.34
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.
4.12
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.
-0.94
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.
0.51
Price movement
52 week high253.1
52 week low234.3
Current bid price252.7
Current offer price252.7
Current mid price-
Region
1USA20.87%
2Japan17.52%
3Others12.34%
4China10.29%
5Money Market9.09%
6UK7.74%
7Germany6.98%
8France5.7%
9Taiwan2.78%
Industry sector
1Non-Rated61.99%
2A9.71%
3Money Market9.09%
4BBB8.05%
5BB6.78%
6B3.66%
7AA0.72%
Asset type
1US Fixed Interest20.87%
2Japanese Fixed Interest17.52%
3Global Fixed Interest12.34%
4Chinese Fixed Interest10.29%
5Money Market9.09%
6UK Fixed Interest7.74%
7German Fixed Interest6.98%
8French Fixed Interest5.7%
9Taiwanese Fixed Interest2.78%
Individual holdings
1SIEMENS 1.05% 16/08/171.88%
2SOLIDIUM INTO TELIASONERA 0% 04/09/181.39%
3CITIGROUP GLOBAL MARKETS FUNDING 0.5% 08/04/231.35%
4DISH NETWORK CORP 3.375% CNV BDS 15/08/26 USD10001.31%
5INTEL CORP 2.95% CNV BDS 15/12/35 USD1.31%
6AB INDUSTRIVARDEN 0% 15/05/191.29%
7GROUPE BRUXELLES LAMBERT(NEW) 0.375% CNV BDS 09/10/18 EUR1000001.28%
8SONY CORP 0% CNV BDS 30/09/22 JPY10001.26%
9HANIEL FINANCE DEUTSCHLAND GMBH 0% CNV BDS 12/05/20 EUR1000001.25%
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 through investment on a global basis in a diversified portfolio of convertible securities.
Benchmark
  • Thomson Reuters Convertible Global Focus Hedged EUR
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Lee Manzi01/10/2010Lee Manzi joined Jupiter in 2010 and is currently a fund manager in the Fixed Interest & Multi-Asset team. He co-manages, with Miles Geldard, the Jupiter Strategic Reserve Fund (Unit Trust), the Jupiter Global Convertibles fund and the Jupiter Strategic Total Return fund (SICAVs). Before joining Jupiter, Lee was a fund manager at RWC focusing on global convertible and multi-asset strategies, and at JPMorgan Asset Management, where he was a Vice President and fund manager, working in the Global Multi-Asset group. Lee has a degree in Accounting from Portsmouth University and is a CFA charterholder.
Miles Geldard01/10/2010Miles joined Jupiter in 2010 and is currently Head of Strategy, Fixed Interest & Multi-Asset. He co-manages (with Lee Manzi) the Jupiter Strategic Reserve Fund (Unit Trust) as well as the Jupiter Global Convertibles fund and the Jupiter Strategic Total Return fund (SICAVs). Before joining Jupiter, Miles was the founder and Head of the Multi-Asset and Convertibles teams at RWC Partners, and head of the Global Multi-Asset Group and Global Strategy teams at JPMorgan Asset Management. He has also been a fund manager at Jardine Fleming (part of JPMorgan) and an adviser on reserve management at the Central Bank of Botswana. Miles has a degree in Oriental Studies from Oxford University and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Jupiter Global Convertibles Pn
Initial charge-
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.6%
Bid price258.3
Offer price258.3
Mid price-
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code11O4
AXA Wealth Jupiter Global Convertibles Pn S3
Initial charge-
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.6%
Bid price258.3
Offer price258.3
Mid price-
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code11O5
AXA Wealth Jupiter Global Convertibles Pn S4
Initial charge-
Annual charge1.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.05%
Bid price252.7
Offer price252.7
Mid price-
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code11O6
Data provided by

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