Fact sheet: FL AXA Gbl Distbn EP

Fund information
Fund name
FL AXA Global Distribution EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Jim Stridesince 30/04/2008
  • William Howardsince 01/02/2016
Underlying fund
AXA Global Distribution
Fund objective
AXA state that the fund aims to generate income together with capital growth over the medium to long term. The fund invests in global equities and global inflation proof bonds. The fund may also invest, at the manager's discretion, in other transferable securities, derivatives, units in collective investment schemes, money market instruments and short-term bonds. Use may be made of borrowing, cash holdings, hedging and other permitted investment techniques. Derivatives transactions may also be used for meeting the investment objectives of the fund.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
29.4%
1 Year rank in sector
92/514
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.
64
Bid price
420.6
Offer price
420.6
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus91.2%
ReAssure AL NptRu&GtrRus Pn90.1%
L&G Nep Russia&Gtr Russia Pn88.4%
OMW InvescoPerpetualEmgEurpn76.4%
Scot Eq JPM Emg Eur Eq Pn69.2%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • International94.8%
    Money Market5.3%
  • AA80.7%
    BBB7.1%
    AAA5.8%
    Money Market5.3%
    A1.1%
  • International Equities48.7%
    Global Index Linked29.5%
    UK Index-Linked13%
    Money Market5.3%
    UK Equities3.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.3%3%10.3%29.4%37.5%62.8%
Sector2.6%1.8%5.9%16.2%22.2%45%
Rank within sector108 / 546120 / 542107 / 53992 / 51467 / 38692 / 317
Quartile1st1st1st1st1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.7%23%0.1%10.2%10.1%
Sector1.3%11.6%2%7.2%11%
Rank within sector96 / 54673 / 510315 / 44679 / 384147 / 357
Quartile1st1st3rd1st2nd
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.
2.75
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.
1.14
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.
0.93
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%.
7.73
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.
3.56
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.
1.01
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.
0.8
Price movement
52 week high418.1
52 week low319.7
Current bid price420.6
Current offer price420.6
Current mid price-
Region
1International94.75%
2Money Market5.25%
Industry sector
1AA80.74%
2BBB7.13%
3AAA5.81%
4Money Market5.25%
5A1.08%
Asset type
1International Equities48.66%
2Global Index Linked29.54%
3UK Index-Linked13.03%
4Money Market5.25%
5UK Equities3.53%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 0.125% BDS 15/01/22 USD1001.7%
2US TREASURY INFLATION IDX BONDS 0.25% 15 JAN 20251.6%
3US TREASURY INFLATION IDX BONDS 1.875% 15 JUL 20191.6%
4TREASURY 0.5% IDX LKD GILT 22/3/50 GBP0.011.5%
5US TREASURY INFLATION IDX BONDS 0.125% 15 JAN 20231.5%
6UNITED STATES OF AMER TREAS BONDS 2.5% TB 15/01/29 USD10001.4%
7ITALY (REPUBLIC OF) 2.1% 15 SEP 20211.3%
8UNITED STATES OF AMER TREAS BONDS 3.875% TIPS 15/4/2029 USD10001.2%
9ALPHABET INC1.1%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
AXA state that the fund aims to generate income together with capital growth over the medium to long term. The fund invests in global equities and global inflation proof bonds. The fund may also invest, at the manager's discretion, in other transferable securities, derivatives, units in collective investment schemes, money market instruments and short-term bonds. Use may be made of borrowing, cash holdings, hedging and other permitted investment techniques. Derivatives transactions may also be used for meeting the investment objectives of the fund.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Jim Stride30/04/2008Jim was appointed Managing Director in 1997 and is also Head of the UK Equities team. Jim joined the company in 1981 as a fund manager, having worked as an analyst with Panmure Gordon & Co. for two years. His career began in 1976 as a Portfolio Analyst with the Post Office Staff Superannuation Fund. Jim graduated from the London School of Economics with a BSc (Hons) in Economics having specialised in Accounting and Finance.
William Howard01/02/2016William has been a Portfolio Manager at Framlington Equities responsible for managing Global High Income strategies since 2012. Prior to AXA IM, William was Managing Director/Portfolio Manager at Goldman Sachs from 2005 to 2009, Portfolio Manager/Analyst at Templeton Investment Council between 1993 and 2004 and Senior International Portfolio Manager at Tennessee Consolidate Retirement System from 1986 to 1993. William has a BA in International Studies from Rhodes College and a Master in Business Administration from Goizueta Business School, Emory University; he is also a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL AXA Global Distribution EP
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.61%
Bid price420.6
Offer price420.6
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1I7
FL AXA Global Distribution EP S3
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.61%
Bid price420.6
Offer price420.6
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1F6
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.