Fact sheet: AXA Wealth Thndles Pn Prop

Fund information
Fund name
AXA Wealth Threadneedle Pen Property S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund managers
  • Nathan Hargreavessince 30/09/2007
Underlying fund
Threadneedle Property Pn
Fund objective
The Fund aims to generate total returns (from income and capital appreciation) that are above its benchmark, over rolling 3-year periods through investment primarily in direct UK commercial property.
Benchmark
  • CAPS Pooled Pension Fund Survey Median -Property
Investment style
No data available.
Investment method
Physical
Quick stats
1 Year return
2.3%
1 Year rank in sector
48/159
Sector
PN UK Direct Property
Yield
-
Fund size
£72m (£85m 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.
86
Bid price
322.1
Offer price
322.1
Top in this sector
Fund name1 Year
Guardian Choices Property Pn27%
Guardian Property Pn27%
OMW IPL Aviva Lm Prp Pn8.9%
Aegon KamesProIncPn6.6%
Stan Life Long Lease Prop Mgd Pn6.4%
...more in PN UK Direct Property

Performance snapshot

Holdings snapshot

  • London21.8%
    South East UK21.1%
    Yorkshire & Humberside10.4%
    Money Market8.9%
    Outer London8.5%
  • Offices - Property28.8%
    Shop - Property24.3%
    Industrial - Property18.7%
    Warehouse - Property15.4%
    Money Market8.9%
  • Property91.1%
    Money Market8.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund7.5%9.6%10.5%2.3%34.6%46.6%
Sector1%2.4%5.6%0.1%24.2%35.4%
Rank within sector6 / 1626 / 16112 / 16048 / 15924 / 15428 / 150
Quartile1st1st1st2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund7.7%-4.2%12.1%17.7%8.2%
Sector1.1%-0.7%9.7%14.3%6.9%
Rank within sector6 / 162128 / 15936 / 15825 / 15452 / 152
Quartile1st4th1st1st2nd
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.
-1.1
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.
1.57
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.
0.82
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%.
8.44
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.
6.79
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.
0.41
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.
0.4
Price movement
52 week high322.1
52 week low291.2
Current bid price322.1
Current offer price322.1
Current mid price-
Region
1London21.84%
2South East UK21.14%
3Yorkshire & Humberside10.39%
4Money Market8.9%
5Outer London8.47%
6Midlands8.2%
7North West UK4.56%
8South West UK3.92%
9Eastern UK3.64%
Industry sector
1Offices - Property28.77%
2Shop - Property24.33%
3Industrial - Property18.68%
4Warehouse - Property15.4%
5Money Market8.9%
6Other - Property3.92%
Asset type
1Property91.1%
2Money Market8.9%
Individual holdings
1LONDON W1 THE HEALS BUILDING7%
2LONDON W1, BROOK ST/STH MOLTON3.2%
3CHELMSFORD, BOREHAM AIRFIELD2.5%
4LONDON W1, 147-155 WARDOUR ST2.2%
5LONDON EC1, BANNER STREET1.9%
6CHESTER, DEVA RETAIL PARK1.6%
7LONDON EC1,29-35 FARRINGDON RD1.5%
8TWICKENHAM, PREMIER HOUSE1.4%
9LEATHERHEAD, REGENT PARK1.3%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund aims to generate total returns (from income and capital appreciation) that are above its benchmark, over rolling 3-year periods through investment primarily in direct UK commercial property.
Benchmark
  • CAPS Pooled Pension Fund Survey Median -Property
Investment style
No data available.
Investment method
Physical
Fund managers
NameSinceBiography
Nathan Hargreaves30/09/2007Nathan Hargreaves joined Threadneedle in 2005 as an Investment Surveyor. Since January 2009 he has been the deputy fund manager of the Threadneedle Pensions Property Fund, focusing on fund strategy and the sale and acquisition of property investment stock. Nathan has gained a broad range of property experience, starting off as a Building Surveyor, moving into the occupational agency, before specialising in commercial property investment.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Threadneedle Pen Property
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.1%
Bid price317.4
Offer price317.4
Mid price-
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08F6
AXA Wealth Threadneedle Pen Property S2
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.2%
Bid price312.7
Offer price312.7
Mid price-
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08F7
AXA Wealth Threadneedle Pen Property S3
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price159.2
Offer price159.2
Mid price-
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08F8
AXA Wealth Threadneedle Pen Property S4
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.7%
Bid price322.1
Offer price322.1
Mid price-
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDJZ9
Data provided by

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