Fact sheet: AXA Wealth Vgd UK ST InvGrd BdPn

Fund information
Fund name
AXA Wealth Vanguard UK Short-Term Inv Grade Bond Pn S4
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund manager
  • Europe Bond Index Teamsince 22/05/2013
Underlying fund
Vanguard UK STInvGrdBd Idx
Fund objective
The Fund seeks to provide returns consistent with the performance of the index, a market weighted pound sterling-denominated index of investment grade bonds excluding government bonds, with a maturity between 1 and 5 years. Barclays applies a filter to exclude the smaller, more illiquid bonds from the universe of fixed income securities.
Benchmark
  • Barclays Global Aggregate 500MM U.K. Non-Government 1-5Y Float Adjusted Bond Index
Investment style
No data available.
Investment method
Fixed Interest
Quick stats
1 Year return
2.7%
1 Year rank in sector
166/173
Sector
PN Sterling Fixed Interest
Yield
-
Fund size
£1m (£2m 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.
9
Bid price
211.5
Offer price
211.5
Top in this sector
Fund name1 Year
OMW IPL F&C Sht Pr Rl Dn LDI Pn61.9%
OMW IPL F&C Real Dynamic LDI Pn61.5%
OMW IPL F&C Nominal Dyn LDI Pn39.8%
OMW IPL LGIM 2055IdxLkdGltPn37.8%
OMW IPL LGIMOvr15Yr I LGltPn33.6%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

  • UK27.8%
    Germany20.5%
    Not Specified14.6%
    USA7.2%
    Netherlands5.8%
  • AAA39.2%
    BBB27.3%
    AA14.7%
    A12.8%
    Non-Rated3%
  • UK Fixed Interest27.8%
    German Fixed Interest20.5%
    Global Fixed Interest14.6%
    US Fixed Interest7.2%
    Dutch Fixed Interest5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%1%1.1%2.7%--
Sector0.9%4.3%1.5%12.6%26%36%
Rank within sector142 / 179170 / 178127 / 176166 / 173--
Quartile4th4th3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund0.6%3.2%0.3%--
Sector2.2%13.1%-1.2%13.9%-1.7%
Rank within sector161 / 177165 / 17351 / 151--
Quartile4th4th2nd
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 high211.4
52 week low206
Current bid price211.5
Current offer price211.5
Current mid price-
Region
1UK27.84%
2Germany20.47%
3Not Specified14.55%
4USA7.18%
5Netherlands5.82%
6Australia3.2%
7France3.1%
8Money Market3%
9Switzerland2.81%
Industry sector
1AAA39.19%
2BBB27.26%
3AA14.74%
4A12.8%
5Non-Rated3.01%
6Money Market3%
Asset type
1UK Fixed Interest27.84%
2German Fixed Interest20.47%
3Global Fixed Interest14.55%
4US Fixed Interest7.18%
5Dutch Fixed Interest5.82%
6Australian Fixed Interest3.2%
7French Fixed Interest3.1%
8Money Market3%
9Swiss Fixed Interest2.81%
Individual holdings
1EUROPEAN INVESTMENT BANK 1.5% BDS 01/02/19 EUR10004.43%
2KREDITANSTALT FUER WIEDERAUFBAU KFW 1.125% NTS 23/12/19 GBP10002.99%
3EUROPEAN INVESTMENT BANK 2.25% NTS 07/03/20 GBP10002.55%
4EUROPEAN INVESTMENT BANK 5.375% GTD BDS 7/6/2021 GBP(VAR)2.38%
5KREDITANSTALT FUER WIEDERAUFBAU KFW 1.375% BDS 01/02/21 GBP3000000002.23%
6BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP500002.15%
7KREDITANSTALT FUER WIEDERAUFBAU KFW 5.55% BDS 7/6/2021 GBP10001.79%
8KREDITANSTALT FUER WIEDERAUFBAU KFW 2% MTN 06/12/18 GBP50001.74%
9EUROPEAN INVESTMENT BANK 4.75% BDS 15/10/18 GBP10001.5%
Management
Fund manager group
AXA Investment Managers
Fund manager company
AXA Wealth Limited
Fund type
Pension Fund
Fund objective
The Fund seeks to provide returns consistent with the performance of the index, a market weighted pound sterling-denominated index of investment grade bonds excluding government bonds, with a maturity between 1 and 5 years. Barclays applies a filter to exclude the smaller, more illiquid bonds from the universe of fixed income securities.
Benchmark
  • Barclays Global Aggregate 500MM U.K. Non-Government 1-5Y Float Adjusted Bond Index
Investment style
No data available.
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Europe Bond Index Team22/05/2013
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
AXA Wealth Vanguard UK Short-Term Inv Grade Bond Pn
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.4%
Bid price214.2
Offer price214.2
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKK1H
AXA Wealth Vanguard UK Short-Term Inv Grade Bond Pn S3
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.4%
Bid price214.2
Offer price214.2
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKK1I
AXA Wealth Vanguard UK Short-Term Inv Grade Bond Pn S4
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.85%
Bid price211.5
Offer price211.5
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKK1J
Data provided by

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