AXA Sterling Strategic Bond I Gross (FUND:B02Y6L2) - Overview

Fund Report

AXA Sterling Strategic Bond I Gross Acc

Key Stats
Morningstar® CategoryGBP Flexible Bond
Manager NameNick Hayes
Inception Date24/09/2004
NAV 09/12/2016GBX 156.80
Day Change-0.38%
12 Month Yield2.05%
ISINGB00B02Y6L20
SEDOLB02Y6L2
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2016189.86 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.52%
AMC0.50%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

BofAML Sterling Broad Market TR EUR

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate TR GBP

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund6.85-3.2411.70-0.108.51
Category15.293.725.990.507.22
Benchmark6.00-2.6813.870.478.62
  • Fund: AXA Sterling Strategic Bond I Gross Acc
  • Category: GBP Flexible Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate TR GBP
Trailing Returns % (GBP) 09/12/2016
FundCatBmark
YTD7.696.298.27
3 Years Annualised6.124.767.25
5 Years Annualised4.766.395.37
10 Years Annualised2.544.535.62

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The aim of this Fund is to generate returns by gaining exposure generally to the sterling denominated bond market. 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 holding, hedging and other investment techniques permitted in applicable Financial Conduct Authority rules.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds115.3317.1698.17
Cash8.697.491.19
Other0.630.000.63
Top Fixed Income Sectors
Fixed Income Sector%
Government80.01
Corporate Bond26.97
Asset Backed1.96
Commercial Mortgage Backed1.12
Cash & Equivalents1.04
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseLong Gilt Future Dec16 Ifll 20161228 United Kingdom17.16
DecreaseUnited Kingdom (Government Of) 2% 2025-09-07United Kingdom7.88
United Kingdom (Government Of) 4.5% 2034-09-07United Kingdom6.93
United Kingdom (Government Of) 4% 2060-01-22United Kingdom6.24
United Kingdom (Government Of) 4.75% 2030-12-07United Kingdom6.11
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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