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 21/05/2013
Underlying fund
Vanguard UK ST Inv Grd Bd 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
166/174
Sector
PN Sterling Fixed Interest
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.
9
Bid price
209.4
Offer price
209.4
Top in this sector
Fund name1 Year
OMW IPL F&C Sht Pr Rl Dn LDI Pn54.4%
OMW IPL F&C Real Dynamic LDI Pn41.3%
OMW IPL F&C Nominal Dyn LDI Pn36.7%
OMW IPL LGIM 2055IdxLkdGltPn25.8%
OMW IPL LGIMOvr15Yr I LGltPn22.9%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

  • UK24.9%
    Germany22%
    Not Specified18%
    USA8.7%
    Netherlands5.7%
  • Government Agency Bonds24.9%
    Financials23.8%
    Government Bonds19.4%
    Industrials19%
    Asset/Mortgage-Backed Securities4.5%
  • UK Fixed Interest54.5%
    UK Gilts44.3%
    Money Market1.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0.6%1%2.7%--
Sector-2.2%-6.5%4.4%9.7%24.3%33%
Rank within sector8 / 17810 / 179149 / 177166 / 174--
Quartile1st1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund2.8%0.3%---
Sector10.8%-1.2%13.9%-1.7%6.6%
Rank within sector164 / 17553 / 153---
Quartile4th2nd
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 high210.9
52 week low203.2
Current bid price209.4
Current offer price209.4
Current mid price-
Region
1UK24.9%
2Germany22.03%
3Not Specified17.98%
4USA8.69%
5Netherlands5.73%
6France3.66%
7Switzerland2.57%
8Australia2.47%
9Canada1.78%
Industry sector
1Government Agency Bonds24.9%
2Financials23.8%
3Government Bonds19.4%
4Industrials19%
5Asset/Mortgage-Backed Securities4.5%
6Utilities4.4%
7Local Government Bonds2.8%
8Money Market1.2%
Asset type
1UK Fixed Interest54.5%
2UK Gilts44.3%
3Money Market1.2%
Individual holdings
1EUROPEAN INVESTMENT BANK 1.5% BDS 01/02/19 EUR10004.69%
2EUROPEAN INVESTMENT BANK 1.375% BDS 15/01/18 GBP1000002.94%
3KREDITANSTALT FUER WIEDERAUFBAU KFW 1.125% NTS 23/12/19 GBP10002.77%
4EUROPEAN INVESTMENT BANK 5.375% GTD BDS 7/6/2021 GBP(VAR)2.6%
5KREDITANSTALT FUER WIEDERAUFBAU KFW 1.375% BDS 01/02/21 GBP3000000002.4%
6BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP500002.02%
7EUROPEAN INVESTMENT BANK 2.25% NTS 07/03/20 GBP10001.95%
8KREDITANSTALT FUER WIEDERAUFBAU KFW 2% MTN 06/12/18 GBP50001.89%
9KREDITANSTALT FUER WIEDERAUFBAU KFW 1.0% BDS 07/12/17 GBP10001.62%
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 Team21/05/2013
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 price211.8
Offer price211.8
Mid price-
CurrencyGBX
Price updated07/12/2016
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 price211.8
Offer price211.8
Mid price-
CurrencyGBX
Price updated07/12/2016
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 price209.4
Offer price209.4
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKK1J
Data provided by

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