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 manager
  • Sheldon MacDonaldsince 08/11/2010
Underlying fund
Architas Liquidity
Fund objective
The Fund aims to maximise total return through investment in a diversified portfolio of fixed interest and other debt securities.
Benchmark
  • IA Short Term Money Market
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-0.3%
1 Year rank in sector
187/241
Sector
PN Money Market
Yield
-
Fund size
£190m (£208m 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
199.2
Offer price
199.2
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn19.3%
ReAssure HL FxIntPn Stf Pn7.4%
ReAssure HL FxIntPnStf LS Pn7.4%
Phoenix Fixed Int Individual Pn6.6%
Phoenix Prop Old Bldg Society Pn4.9%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Commercial Paper30%
    Certificates of Deposit24.2%
    Time Deposits21.3%
    Floating Rate Notes15.5%
    Asset Backed Commercial Paper9%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0.1%-0.2%-0.3%-0.9%-1.3%
Sector-0.1%-0.1%0.3%0.5%1%1.5%
Rank within sector211 / 249197 / 246207 / 247187 / 241161 / 226154 / 213
Quartile4th4th4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.3%-0.2%-0.3%-0.3%-0.1%
Sector0.5%0%0.4%0.2%0.3%
Rank within sector194 / 242159 / 229161 / 226158 / 220160 / 213
Quartile4th3rd3rd3rd4th
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.
-0.32
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.
0.05
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.
0.26
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.
-2.44
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.
0.03
Price movement
52 week high199.8
52 week low199.2
Current bid price199.2
Current offer price199.2
Current mid price-
Region
1Money Market100%
Industry sector
1Commercial Paper29.98%
2Certificates of Deposit24.17%
3Time Deposits21.3%
4Floating Rate Notes15.54%
5Asset Backed Commercial Paper9.01%
Asset type
1Money Market100%
Individual holdings
1CREDIT AGRICOLE 0.17% 01 NOV 20167.26%
2BRED BANQUE POPULAIRE 0.22% 01 NOV 20167.04%
3ING BANK 0.17% 01 NOV 20167%
4METLIFE SHORT TERM FUNDING 0.01% 10/11/20164.4%
5ALBION CAPITAL CORPORATION 0.01% 21 NOV 20162.2%
6LMA SA (CP) 0.01% 07/12/20162.2%
7MATCHPOINT FINANCE PUBLIC LTD 0.01% 12/01/20172.2%
8REGENCY ASSETS LIMITED 0.01% 14 NOV 20162.2%
9SVENSKA HANDELSBANKEN 0.55% 09/01/20171.98%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to maximise total return through investment in a diversified portfolio of fixed interest and other debt securities.
Benchmark
  • IA Short Term Money Market
Investment style
No data available.
Investment method
No data available.
Fund manager
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.
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 price537.5
Offer price537.5
Mid price-
CurrencyGBX
Price updated02/12/2016
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 updated02/12/2016
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 updated02/12/2016
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 price199.2
Offer price199.2
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDKA1
Data provided by

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