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

Fund Report

AXA Global High Income Z Gross Acc (GBP)

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager NameJames Gledhill
Inception Date11/01/2008
NAV 28/04/2017GBX 208.60
Day Change0.05%
12 Month Yield6.61%
ISINGB00B29NGF01
SEDOLB29NGF0
Dividend FrequencyQuarterly
Net Assets (mil) 31/03/201796.55 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 Charge0.54%
AMC0.50%
Fund Rebate-

Morningstar Rating™

5 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

BofAML Global HY Hdg GBP

Morningstar® Benchmark

BofAML Gbl HY Constnd TR HGBP

Morningstar Analyst Rating™ *

Bronze

Growth Of 10,000 (GBP) 31/03/2017

How has this security performed
20132014201520162017
Fund8.011.20-4.9312.592.41
Category6.341.63-2.6511.732.11
Benchmark7.312.71-2.1115.662.64
  • Fund: AXA Global High Income Z Gross Acc (GBP)
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: BofAML Gbl HY Constnd TR HGBP
Trailing Returns % (GBP) 28/04/2017
FundCatBmark
YTD3.452.993.63
3 Years Annualised2.943.875.19
5 Years Annualised5.696.357.38
10 Years Annualised5.656.407.64

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 Profile31/03/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds91.610.0091.61
Cash99.8993.076.82
Other1.570.001.57
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond91.39
Cash & Equivalents6.57
Convertible1.59
Future/Forward0.45
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Capsugel Hldgs Us 144A 7% 2019-05-15Luxembourg0.86
New since last portfolioBway Hldg Company 144A 7.25% 2025-04-15United States0.86
Columbus Intl Inc 144 144A 7.375% 2021-03-30Barbados0.84
IncreaseJll/Delta Dutch Newco Bv 144A 7.5% 2022-02-01Netherlands0.78
Stearns Hldgs Inc. 144A 9.375% 2020-08-15United States0.77
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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