Fact sheet: AXA Wealth RWC Gbl Convtl Pn

Fund information
Fund name
AXA Wealth RWC Global Convertibles Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund manager
  • Davide Basilesince 01/01/2010
Underlying fund
RWC Global Convertibles
Fund objective
The Fund aims to provide strong risk adjusted returns through the full market cycle by investing primarily in a diversified portfolio of convertible securities worldwide.
Benchmark
  • No Specified Index
Investment style
Total Return
Investment method
Convertibles
Quick stats
1 Year return
5.2%
1 Year rank in sector
397/536
Sector
PN Specialist
Yield
-
Fund size
£1m (£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.
41
Bid price
213.6
Offer price
213.6
Top in this sector
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...more in PN Specialist

Performance snapshot

Holdings snapshot

  • USA43%
    Japan12.8%
    Germany10.2%
    China6.4%
    France5.8%
  • Information Technology22%
    Consumer Discretionary16.9%
    Industrials12.9%
    Financials12.7%
    Health Care10.4%
  • US Fixed Interest43%
    Japanese Fixed Interest12.8%
    German Fixed Interest10.2%
    Chinese Fixed Interest6.4%
    French Fixed Interest5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%2%3.5%5.2%--
Sector0.4%2.8%3.2%13.7%25.2%44.6%
Rank within sector21 / 559362 / 559210 / 551397 / 536--
Quartile1st3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.2%-0.4%2.2%--
Sector3%11.6%2%7.2%11%
Rank within sector200 / 555459 / 519161 / 454--
Quartile2nd4th2nd
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.
-
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.
-
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%.
-
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.
-
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.
-
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 high213.4
52 week low195.8
Current bid price213.6
Current offer price213.6
Current mid price-
Region
1USA43%
2Japan12.8%
3Germany10.2%
4China6.4%
5France5.8%
6Hong Kong4%
7Money Market3.1%
8Singapore2.4%
9Netherlands1.8%
Industry sector
1Information Technology22%
2Consumer Discretionary16.9%
3Industrials12.9%
4Financials12.7%
5Health Care10.4%
6Materials6.5%
7Energy5.2%
8Real Estate3.9%
9Money Market3.1%
Asset type
1US Fixed Interest43%
2Japanese Fixed Interest12.8%
3German Fixed Interest10.2%
4Chinese Fixed Interest6.4%
5French Fixed Interest5.8%
6Hong Kong Fixed Interest4%
7Money Market3.1%
8Singapore Fixed Interest2.4%
9Dutch Fixed Interest1.8%
Individual holdings
No data available.
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to provide strong risk adjusted returns through the full market cycle by investing primarily in a diversified portfolio of convertible securities worldwide.
Benchmark
  • No Specified Index
Investment style
Total Return
Investment method
Convertibles
Fund manager
NameSinceBiography
Davide Basile01/01/2010Davide Basile is the Portfolio Manager. He is supported by Michelle Shi, Esther Watt, Makeem Asif & Uday Sikand. Davide Basile was previously Head of Convertible Bonds and the lead portfolio manager for Morgan Stanley Investment Management. He was an employee at Morgan Stanley since 2001 working both within Private Wealth Management and the Investment Management. From 2005 until he left in November 2009 Davide was responsible for the management of the convertible bond accounts including the Luxembourg SICAVs and the instutional convertible bond accounts.From 2003 to 2005 Davide worked with Randall Curtis on the convertible bond funds that had been launched in 2002. Davide was the number two on the funds and was responsible for portfolio management and risk management. Prior to this Davide worked within the client strategy group at Morgan Stanley Private Wealth Management where he was involved in the use of derivatives for portfolio protection. In 2005 Davide spent 3 months away from Morgan Stanley when he left with Randall Curtis to join a boutique before he was recruited back to the firm to be Head of Convertible Bonds. From 1998 Davide worked in Riyadh as a project manager in the telecommunications industry.Davide graduated from Imperial College where he gained a degree in Material Science Engineering. He spent his childhood in San Francisco, Rome and Tanzania before being educated in the UK. He is an American and Italian passport holder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth RWC Global Convertibles Pn
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price216.1
Offer price216.1
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKP8L
AXA Wealth RWC Global Convertibles Pn S3
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price216.1
Offer price216.1
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKP8M
AXA Wealth RWC Global Convertibles Pn S4
Initial charge-
Annual charge1.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.95%
Bid price213.6
Offer price213.6
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKP8N
Data provided by

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