AXA Sterling Corporate Bond Z Gross Inc (FUND:B1Z48X2) - Fund price

Fund Report

AXA Sterling Corporate Bond Z Gross Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager Name-
Inception Date16/07/2007
NAV 20/09/2019GBX 96.38
Day Change0.05%
12 Month Yield2.84%
Dividend FrequencyQuarterly
Net Assets (mil) 31/08/201960.45 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.57%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

IA Sterling Corporate Bd Median NR

Morningstar® Benchmark

Markit iBoxx GBP NonGilts TR

Growth Of 10,000 (GBP) 31/08/2019

How has this security performed
  • Fund: AXA Sterling Corporate Bond Z Gross Inc
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 20/09/2019
3 Years Annualised3.813.413.12
5 Years Annualised5.265.215.52
10 Years Annualised6.106.596.52

Morningstar SRRI

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

Investment Objective

The Fund will aim to grow your investment through a combination of income and capital returns by investing in bonds issued by companies, whilst aiming to provide a net return greater than the benchmark over the long term (5 years or more). The benchmark (the "Index") is Markit iBoxx Sterling Non-Gilts Total Return Index. The fund may use derivatives for investment purposes.

Portfolio Profile31/08/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond76.97
Asset Backed11.04
Agency Mortgage Backed7.87
Covered Bond1.49
Top Holdings
IncreaseDecreaseNew since last portfolio
IncreaseCanary Wharf Finance II plc 6.8% 2033-10-22United Kingdom1.60
IncreaseAssociated British Ports Holdings Plc 6.25% 2026-12-14United Kingdom1.14
New since last portfolioFonterra Co-operative Group Limited 9.38% 2023-12-04New Zealand1.10
Trafford Centre Finance Ltd 7.03% 2029-01-28United Kingdom1.10
Heathrow Funding Limited 7.12% 2024-02-14United Kingdom1.01
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. 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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