Fact sheet: AXA Wealth Newton IntrnBdPn

Fund information
Fund name
AXA Wealth Newton International Bond Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Paul Brainsince 01/12/2008
Underlying fund
Newton Internat Bd
Fund objective
The Fund aims to provide a total return comprised of income and capital growth by investing in bonds and similar debt investments issued by governments and other public entities located throughout the world.
Benchmark
  • JP Morgan GBI
Investment style
None
Investment method
None, Fixed Interest
Quick stats
1 Year return
10.3%
1 Year rank in sector
38/135
Sector
PN Global Fixed Interest
Yield
-
Fund size
£26m (£36m 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.
73
Bid price
310.4
Offer price
310.4
Top in this sector
Fund name1 Year
Zurich L&G PreRtrmnt Infln Lkd20.5%
Baillie Gifford Emerg Mrkts Bd Pn19.2%
OMW IPL 2035 Idx Lkd Gilt Pn18.9%
FL MyM HBP Blended Bnd Pn18.3%
Scot Eq AegonIntcEgMtsLclCrDtPn17.3%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • USA25.6%
    UK8%
    France7.2%
    International7%
    Australia5.4%
  • Government Bonds51.3%
    Floating Rate Notes12.5%
    Government Index Linked10.6%
    Government Agency Bonds10.4%
    Government Guaranteed6.6%
  • US Fixed Interest25.6%
    UK Fixed Interest8%
    French Fixed Interest7.2%
    Global Fixed Interest7%
    Australian Fixed Interest5.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-1.2%-7.6%10.3%25.4%19.6%
Sector-0.1%0.6%-2.7%8.3%19.4%21.8%
Rank within sector66 / 142100 / 141110 / 14138 / 13545 / 11159 / 92
Quartile2nd3rd4th2nd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-0.7%21.8%0%5.1%-8.5%
Sector0.5%14.1%-0.3%6.1%-3.6%
Rank within sector94 / 14141 / 12772 / 11970 / 10795 / 101
Quartile3rd2nd3rd3rd4th
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.
-2.56
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.
1.77
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.
0.43
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%.
11
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.
5.54
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.
0.33
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.
0.9
Price movement
52 week high337
52 week low275.1
Current bid price310.4
Current offer price310.4
Current mid price-
Region
1USA25.64%
2UK8.02%
3France7.24%
4International7.01%
5Australia5.39%
6Italy5.39%
7Spain4.91%
8Japan4.54%
9Germany4.42%
Industry sector
1Government Bonds51.26%
2Floating Rate Notes12.46%
3Government Index Linked10.59%
4Government Agency Bonds10.38%
5Government Guaranteed6.61%
6Others5.89%
7Money Market2.81%
Asset type
1US Fixed Interest25.64%
2UK Fixed Interest8.02%
3French Fixed Interest7.24%
4Global Fixed Interest7.01%
5Australian Fixed Interest5.39%
6Italian Fixed Interest5.39%
7Spanish Fixed Interest4.91%
8Japanese Fixed Interest4.54%
9German Fixed Interest4.42%
Individual holdings
1USTN 1.5% 15/08/20267.26%
2USA TREASURY NOTES 1.625% 15/08/2022 USD1005.31%
3USA TREASURY NOTES 0.125% TII 15/04/2020 USD1004.27%
4UNITED STATES OF AMER TREAS BONDS 2.875% BDS 15/05/43 USD10003.64%
5FRANCE(GOVT OF) 3.5% BDS 25/04/26 EUR12.68%
6US GOVT 3% 15/11/20452.29%
7INTERAMERICAN DEVELOPMENT BANK FRN 12/09/2018 USD2.17%
8TREASURY 4.25% GILT 7/12/20272.13%
9SPAIN(KINGDOM OF) 5.9% BDS 30/07/26 EUR10002.08%
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 total return comprised of income and capital growth by investing in bonds and similar debt investments issued by governments and other public entities located throughout the world.
Benchmark
  • JP Morgan GBI
Investment style
None
Investment method
None, Fixed Interest
Fund managers
NameSinceBiography
Paul Brain01/12/2008Paul is investment leader of the fixed income team. He joined Newton in 2004, and manages a range of global bond funds. He is also the lead manager of Newton’s Global Dynamic Bond strategy. Paul is chairman of the bond/ FX strategy group, and a member of the global strategy group and the investment committee. Paul has held a number of senior fixed income positions within the industry at MSG & Partners, Investec and Credit Suisse.10 years at Newton and 31 years investment experience
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Newton International Bond Pn
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.65%
Bid price251.8
Offer price251.8
Mid price-
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08EF
AXA Wealth Newton International Bond Pn S2
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price246.2
Offer price246.2
Mid price-
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08EG
AXA Wealth Newton International Bond Pn S3
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.9%
Bid price187.6
Offer price187.6
Mid price-
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08EH
AXA Wealth Newton International Bond Pn S4
Initial charge-
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.4%
Bid price310.4
Offer price310.4
Mid price-
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDJW4
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.