AXA Global High Income Z Gross Acc (FUND:B29NGF0) - Fund price - Overview


Fund Report

AXA Global High Income Z Gross Acc

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager NameJames Gledhill
Inception Date11/01/2008
NAV 18/04/2019GBX 221.70
Day Change-0.05%
12 Month Yield5.32%
ISINGB00B29NGF01
SEDOLB29NGF0
Dividend FrequencyQuarterly
Net Assets (mil) 31/03/2019105.78 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
Ongoing Cost0.57%
AMC0.50%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

ICE BofAML Gbl HY TR HGBP

Morningstar® Benchmark

ICE BofAML Global High Yield Constrained

Morningstar Analyst Rating™ *

Bronze

Growth Of 10,000 (GBP) 31/03/2019

How has this security performed
201420152016201720182019
Fund1.20-4.9312.596.43-3.635.85
Category1.63-2.6511.735.82-3.925.63
Benchmark2.71-2.1115.666.71-3.606.28
  • Fund: AXA Global High Income Z Gross Acc
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: ICE BofAML Global High Yield Constrained
Trailing Returns % (GBP) 18/04/2019
FundCatBmark
YTD7.216.947.32
3 Years Annualised6.455.636.77
5 Years Annualised3.053.404.43
10 Years Annualised8.809.2710.61

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 provide long term high yield returns. The Fund aims to deliver long term high yield returns by compounding high current income and any capital growth through investing in a broadly diversified portfolio of ‘sub-investment grade’ bonds. The Fund may also invest 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 the applicable Financial Conduct Authority rules.

Portfolio Profile31/03/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds92.800.0092.80
Cash98.6892.496.18
Other1.020.001.02
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond92.54
Cash & Equivalents5.46
Convertible1.02
Future/Forward0.73
Asset Backed0.19
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Ensemble S Merger Sub, Inc 9% 2023-09-30United States0.97
Jaguar Holding Co II/Pharmaceutical Product Development LLC 6.38% 2023-08-01United States0.88
Multi-Color Corp 6.12% 2022-12-01United States0.78
Watco Companies, L.L.C. / Watco Finance Corp. 6.38% 2023-04-01United States0.78
IncreaseTransDigm, Inc. 6% 2022-07-15United States0.78
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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