Fact sheet: AXA Wealth Rathb Income Pn

Fund information
Fund name
AXA Wealth Rathbone Income Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Carl Sticksince 01/01/2000
  • Elizabeth Davissince 01/01/2016
Underlying fund
Rathbone Income
Fund objective
The Fund aims to achieve above average and maintainable income but without neglecting capital security and growth, primarily through the purchase of ordinary shares with an above average yield.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
6.1%
1 Year rank in sector
554/845
Sector
PN UK All Companies
Yield
-
Fund size
£12m (£13m 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.
84
Bid price
488.7
Offer price
488.7
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn50.2%
Fidelity UBS UK Select Pn31.2%
Halifax IM UK Growth Pn30.9%
CM UBS UK Opportunities Pension30.7%
SW UBS UK Opps Pn30.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK78.7%
    International16%
    Money Market5.3%
  • Consumer Services19.1%
    Consumer Goods18%
    Financials17.7%
    Health Care12.9%
    Industrials12.6%
  • UK Large Cap Companies60%
    UK Mid Cap Companies16.2%
    Others16%
    Cash & Cash Equivalents5.3%
    UK Small Cap Companies2.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%-2%5.5%6.1%24.4%70.3%
Sector2.1%0.1%7.1%8.2%16.6%60%
Rank within sector426 / 867657 / 864586 / 863554 / 845107 / 807198 / 758
Quartile2nd4th3rd3rd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.6%8.4%4.9%25%13.3%
Sector7.1%4.4%0.6%24.2%15.4%
Rank within sector536 / 845228 / 833122 / 808351 / 787360 / 760
Quartile3rd2nd1st2nd2nd
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.
2.3
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.
0.87
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.
0.29
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%.
9.04
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.
3.53
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.
0.49
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.
0.87
Price movement
52 week high503.2
52 week low414.7
Current bid price488.7
Current offer price488.7
Current mid price-
Region
1UK78.65%
2International16.01%
3Money Market5.34%
Industry sector
1Consumer Services19.12%
2Consumer Goods17.97%
3Financials17.74%
4Health Care12.91%
5Industrials12.55%
6Cash & Cash Equivalents5.34%
7Basic Materials3.84%
8Oil & Gas3.67%
9Utilities2.78%
Asset type
1UK Large Cap Companies59.99%
2UK Mid Cap Companies16.17%
3Others16.01%
4Cash & Cash Equivalents5.34%
5UK Small Cap Companies2.49%
Individual holdings
1ASTRAZENECA PLC4.5%
2GLAXOSMITHKLINE4.25%
3RIO TINTO3.84%
4BRITISH AMERICAN TOBACCO3.76%
5RECKITT BENCKISER GROUP PLC3.71%
6ROYAL DUTCH SHELL3.67%
7HSBC HLDGS3.03%
8UNILEVER2.82%
9LOCKHEED MARTIN CORP2.76%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to achieve above average and maintainable income but without neglecting capital security and growth, primarily through the purchase of ordinary shares with an above average yield.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Carl Stick01/01/2000Carl graduated from the University of Southampton in 1991 with a BA Honours degree in English Literature. Having served in several non-investment related jobs, he took up a position as an assistant private client manager with stockbroking firm Neilson Cobbold, Tunbridge Wells in 1996. Rathbones acquired Neilson Cobbold, and Carl transferred to London in 1998. In August 1998, after two years as a discretionary investment manager, he became an assistant fund manager working alongside Hugh Priestley. Carl took over the management of the Rathbone Income Fund in January 2000. Since October 2001, Carl has been a Board Director of Rathbone Unit Trust Management and plays a key role in the development of Rathbone's investment process and business strategy. He is also I.I.M.R-qualified and a Fellow of the Securities Institute.
Elizabeth Davis01/01/2016Elizabeth is the assistant fund manager on the Rathbone Income Fund and co-manages the Rathbone Heritage Fund. She joined Rathbones in January 2005 as a quantitative analyst after graduating from the University of Oxford (Lady Margaret Hall). She holds an MA in Mathematical Sciences. Liz supports fund managers on the income mandates through quantitative stock screening and fundamental research on companies. She also profiles relative and absolute risk across the funds. Prior to joining Rathbone Unit Trust Management, Elizabeth worked on temporary assignments with Accord Holdings Ltd, a media advertising business. She holds the Investment Management Certificate and is a CFA (Chartered Financial Analyst) Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Rathbone Income Pn
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price182.6
Offer price182.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code087K
AXA Wealth Rathbone Income Pn S3
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price182.6
Offer price182.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code087L
AXA Wealth Rathbone Income Pn S4
Initial charge-
Annual charge1.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.7%
Bid price488.7
Offer price488.7
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDJX5
Data provided by

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