Fact sheet: AXA Wealth Prmr MltiAss AbsRetPn

Fund information
Fund name
AXA Wealth Premier Multi-Asset Absolute Return Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • David Hambidgesince 01/12/2009
  • Ian Reessince 01/12/2009
  • Simon Evan-Cooksince 01/10/2012
  • David Thorntonsince 01/10/2011
Underlying fund
Premier MultiAssetAbsolReturn
Fund objective
The Fund aims to generate positive returns over a rolling 3 year basis. However, there is no guarantee that this objective will be met and there is always the potential of loss to some, or all, of your original capital.
Benchmark
  • Libor GBP 3m + 2%
Investment style
Balanced,Absolute Return
Investment method
Equity, Fixed Interest, Money Market
Quick stats
1 Year return
2.6%
1 Year rank in sector
425/530
Sector
PN Specialist
Yield
-
Fund size
£2m (£1m 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.
15
Bid price
223.2
Offer price
223.2
Top in this sector
Fund name1 Year
SIP Sanlam Gbl Fin Pn53.4%
Scot Eq Technology Pn48.1%
FL AXA Framlington Gbl Tech AP46.3%
OMW Neptune Rus + Grtr Rus45.7%
ReAssure AL NptRu&GtrRus Pn45.4%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Alternative Assets42.9%
    International Equities35.2%
    Money Market11.5%
    Global Fixed Interest8.4%
    Global Corporate Fixed Interest2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%0.7%0.6%2.6%4.9%-
Sector0.3%2.8%4.2%13.6%24.6%41.5%
Rank within sector353 / 559432 / 555426 / 550425 / 530337 / 398-
Quartile3rd4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund0.7%1.5%1.3%2.1%5.2%
Sector2.5%11.6%2%7.2%11%
Rank within sector424 / 555424 / 519217 / 455323 / 393224 / 365
Quartile4th4th2nd4th3rd
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.
-0.03
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.
0.22
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%.
1.64
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.
4.7
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.
-1.12
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.
0.66
Price movement
52 week high223.8
52 week low215.8
Current bid price223.2
Current offer price223.2
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Alternative Assets42.9%
2International Equities35.2%
3Money Market11.5%
4Global Fixed Interest8.4%
5Global Corporate Fixed Interest2%
Individual holdings
1OAKTREE (LUX.) FD3.55%
2ALLIANZ GLOBAL INVESTORS LUX SA3.51%
3POLAR GLOBAL CONVERTIBLES I HEDGED3.5%
4WESTWOOD INVESTMENT FUNDS PLC STRATEGIC GBL CONVERT F GBP ACC HDG3.24%
5HSBC BANK PLC ELN 15/09/20(EUKAIROS INV PREF 512)GBP13.05%
6KLS Zebra Global Equity Beta Neutral Fund3.02%
7OLD MUTUAL UK SPECIALIST EQUITY R GBP3.01%
8JUPITER ABSOLUTE RETURN I ACC2.99%
9MONUMENT BOND I NET INC GBP2.99%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to generate positive returns over a rolling 3 year basis. However, there is no guarantee that this objective will be met and there is always the potential of loss to some, or all, of your original capital.
Benchmark
  • Libor GBP 3m + 2%
Investment style
Balanced,Absolute Return
Investment method
Equity, Fixed Interest, Money Market
Fund managers
NameSinceBiography
David Hambidge01/12/2009David Hambidge is Director of Multi-Asset Funds and is part of the fund management team for Premier’s multi-asset fund range. He joined Premier in 1987. David has 27 years of investment experience and has managed multi-asset style funds since 1995. David leads the multi-asset investment team which includes Head of Research Ian Rees who joined in 2000, Investment Managers David Thornton and Simon Evan-Cook who joined in 2006, and Nick Kelsall since 2001. Mark Rimmer joined as the team’s investment specialist in 2015.
Ian Rees01/12/2009Ian has been with Premier since 2000 and joined the Pooled Funds team in April 2005. Ian was formerly the Senior Research Analyst for Closed End funds and has worked on Global Equity and Utility & Infrastructure.
Simon Evan-Cook01/10/2012Senior Investment Manager, Premier Multi-Asset Funds. Simon is co-manager on Premier’s Multi-Asset funds, and researches overseas equity fund sectors. Prior to joining Premier in 2006, Simon held positions at Rothschild, Gartmore and Fidelity. He graduated from Hull University in 1996 with a BSc Honours in Economics and Accounting.
David Thornton01/10/2011David joined Premier in May 2006 and currently co-manages a number of discretionary Multi-Asset portfolios. He has research responsibility for the Fixed Interest, European equity, Property and Absolute Return sectors. Previously, David worked for several years as an Investment Analyst before becoming an Investment Manager in 2004, with responsibility for five discretionary multi-manager portfolios. He has a BEng (Hons) in Mechanical Engineering from the University of Bristol, holds the IMC and has completed the Certificate in Financial Planning.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Premier Multi-Asset Absolute Return Pn
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.75%
Bid price227.7
Offer price227.7
Mid price-
CurrencyGBX
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGV1H
AXA Wealth Premier Multi-Asset Absolute Return Pn S3
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.75%
Bid price227.7
Offer price227.7
Mid price-
CurrencyGBX
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGV1I
AXA Wealth Premier Multi-Asset Absolute Return Pn S4
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.2%
Bid price223.2
Offer price223.2
Mid price-
CurrencyGBX
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGV1J
Data provided by

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