Fact sheet: AXA Wealth Money Market Pn

Fund information
Fund name
AXA Wealth Money Market Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Sheldon MacDonaldsince 08/11/2010
  • Nathan Sweeneysince 01/02/2017
Underlying fund
Architas Liquidity
Fund objective
The Fund aims to provide a level of income that is consistent with a high degree of security of capital, and reflects prevailing sterling shortterm interest rates.
Benchmark
  • IA Short Term Money Market
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-0.4%
1 Year rank in sector
200/246
Sector
PN Money Market
Yield
-
Fund size
£182m (£193m 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.
1
Bid price
198.9
Offer price
198.9
Top in this sector
Fund name1 Year
ReAssure HL FxIntPnStf LS Pn12%
ReAssure HL FxIntPn Stf Pn12%
Phoenix Fixed Int Individual Pn9.9%
Zurich BlackRock EurLiq Fst Pn8.6%
Phoenix Prop Old Bldg Society Pn4.7%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Certificates of Deposit30.7%
    Commercial Paper24.1%
    Floating Rate Notes18.6%
    Time Deposits15.7%
    Asset Backed Commercial Paper8.5%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0.1%-0.2%-0.4%-0.9%-1.5%
Sector-0%0.1%0%0.5%1.1%1.6%
Rank within sector212 / 249202 / 249194 / 247200 / 246163 / 229156 / 216
Quartile4th4th4th4th3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-0.2%-0.3%-0.2%-0.3%-0.3%
Sector0%0.7%0%0.4%0.2%
Rank within sector202 / 249189 / 242160 / 230161 / 226158 / 220
Quartile4th4th3rd3rd3rd
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.
-0.3
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%.
0.09
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.
0.28
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.
-2.41
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 high199.6
52 week low198.9
Current bid price198.9
Current offer price198.9
Current mid price-
Region
1Money Market100%
Industry sector
1Certificates of Deposit30.71%
2Commercial Paper24.11%
3Floating Rate Notes18.59%
4Time Deposits15.72%
5Asset Backed Commercial Paper8.53%
6UK Gilts2.34%
Asset type
1Money Market100%
Individual holdings
1BRED BANQUE POPULAIRE 0.22% 03 APR 20178.06%
2UK TREASURY BILL 0.01% 21 APR 20174.69%
3REGENCY ASSETS 0.01% 18 APR 20172.81%
4ALBION CAPITAL 0.01% 20 APR 20172.34%
5MATCHPOINT FINANCE 0.01% 12 MAY 20172.34%
6UK TREASURY BILL 8 APR 20172.34%
7SVENSKA HANDELSBANKEN 0.3% 18 APR 20172.11%
8MIZUHO CORPORATE BANK 0.39% 05 APR 20171.88%
9ANTALIS 0.01% 04 APR 20171.87%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to provide a level of income that is consistent with a high degree of security of capital, and reflects prevailing sterling shortterm interest rates.
Benchmark
  • IA Short Term Money Market
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Sheldon MacDonald08/11/2010Sheldon manages the Architas Multi-Asset Blended Fund range. He oversees fund selection and manages the products' asset allocation and investment strategies. He also leads fund manager research across a number of sectors, including multi-asset and money market strategies. Before joining Architas in 2010, Sheldon was a fund of funds manager at Nedgroup Investments, part of Old Mutual Plc. As well as running a variety of long only multi-asset strategies, Sheldon has extensive experience in the hedge fund space and, prior to joining Nedgroup Investments, was Head of Derivative Trading at Old Mutual Asset Managers in South Africa. Sheldon has a BComm in Financial Accounting and Economics and holds the IMC. He has 22 years of investment experience.
Nathan Sweeney01/02/2017Nathan manages the risk-profiled Architas Multi-Asset Active range, the Architas Multi-Manager UK Equity, Architas Multi-Manager Strategic Bond, Architas Multi-Manager Monthly High Income and the Verbatim Portfolio 5 Growth funds. Nathan's analyst responsibilities include research into UK Fixed Income funds. Nathan joined Architas in 2010 from Thornhill, where he worked as a Private Client Fund Manager and was responsible for managing private client portfolios and fund selection. He began his 16-year investment career at AIB Investment managers, where he was responsible for fund selection and launching and managing the AIB Multi-Manager Fund range. Nathan has a BSc in Science, a Diploma in Financial Services and is IMC qualified.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Money Market Pn
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.3%
Bid price537.7
Offer price537.7
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08EA
AXA Wealth Money Market Pn S2
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.4%
Bid price165.3
Offer price165.3
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08EB
AXA Wealth Money Market Pn S3
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.4%
Bid price165.3
Offer price165.3
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08EC
AXA Wealth Money Market Pn S4
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.85%
Bid price198.9
Offer price198.9
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDKA1
Data provided by

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