AXA Sterling Long Bond H Gr Acc
Latest (Mid) Price:
GBX 176.80
Day Change:
+0.06%
| Shares Class | Inc. |
|---|---|
| Yield | 2.70 |
| Total Expense Ratio | 0.04 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 5,039,100.00 | Launch Date | 24/09/2004 | Standard Initial Charge (%) | 5.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.00 |
| Sector | IMA UK Equity Income | Min Investment (£) | 20,000,000.00 | Total Expense Ratio (%) | 0.04 |
| ISIN | GB00B1SW4R94 | Min Topup (£) | 100,000.00 | Ongoing Charge (%) | 0.1100 (on 19/02/2015) |
Fund Objective
The aim of this Fund is to generate returns by gaining exposure generally to the sterling denominated bond market, with a bias towards longer maturities. The Fund may also invest at the Investment Manager's discretion in transferable securities, derivatives, cash, deposits, units in collective investment schemes and money market instruments. Use may be made of stocklending, borrowing, cash holdings, hedging and other investment techniques permitted in applicable Financial Services Authority rules.
Fund Managers
Ian Bates
"Ian joined AXA IM in December 2007 and is a Senior Portfolio Manager within the Sterling Credit team. Prior to joining AXA IM, Ian was a buy-side Credit Research Analyst at Blackrock in London, covering Utilities, Energy & ABS. He began his career in 2005 at Merrill Lynch Investment Managers. Ian holds a BA (Hons) in Management Studies from the University of Nottingham and is a CFA Charterholder."
Asset Breakdown
| Name | Weight |
|---|---|
| Foreign Exchange | 0.19% |
| Money Market | 4.34% |
| Others | 0.35% |
| UK Corporate Fixed Interest | 28.06% |
| UK Gilts | 64.53% |
| UK Index-Linked Gilts | 2.53% |
Region Breakdown
| Name | Weight |
|---|---|
| Money Market | 4.34% |
| Not Specified | 0.19% |
| Others | 0.35% |
| UK | 95.12% |
Sector Breakdown
| Name | Weight |
|---|---|
| Corporate Bonds | 28.06% |
| Foreign Exchange | 0.13% |
| Government Bonds | 64.53% |
| Index Linked | 2.53% |
| Money Market | 4.34% |
| Others | 0.41% |
Top 10 Holdings
| Name | Weight |
|---|---|
| TREASURY 4.5% GILT 7/12/42 GBP | 12.06% |
| TREASURY 4.25% GILT 07/03/36 G | 11.70% |
| TREASURY 4.75% GILT 07/12/30 G | 7.19% |
| TREASURY 4.25% GILT 07/12/55 G | 6.36% |
| US TREASURY 0.125% 15/07/2022 | 5.27% |
| TREASURY 4.25% GILT 7/12/46 | 5.04% |
| TREASURY 4.75% GILT 07/12/38 G | 4.33% |
| TREASURY 4.25% GILT 07/12/49 G | 4.05% |
| TREASURY 3.75% GILT 22/07/52 G | 3.62% |
| SCOTTISH WIDOWS PLC 7% NTS 16/ | 2.89% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
