AXA Pan European High Yield Bond Z Acc (FUND:B4T5HR9) - Overview

Fund Report

AXA Pan European High Yield Bond Z Net GBP Acc

Key Stats
Morningstar® CategoryEurope High Yield Bond
Manager Name-
Inception Date16/04/2012
NAV 01/12/2016GBX 140.40
Day Change0.00%
12 Month Yield5.86%
ISINGB00B4T5HR93
SEDOLB4T5HR9
Dividend FrequencyMonthly
Net Assets (mil) 31/10/201627.16 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 Charge0.78%
AMC0.50%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Benchmarks

Fund Benchmark

BofAML Euro High yield BB-B TR USD

Morningstar® Benchmark

BofAML European Currency High Yield Constrained TR Hdg EUR

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

How has this security performed
20122013201420152016
Fund24.208.072.843.557.01
Category17.6610.91-3.32-2.6920.79
Benchmark24.8313.05-1.75-3.6223.50
  • Fund: AXA Pan European High Yield Bond Z Net GBP Acc
  • Category: Europe High Yield Bond
  • Benchmark: BofAML European Currency High Yield Constrained TR Hdg EUR
Trailing Returns % (GBP) 01/12/2016
FundCatBmark
YTD7.0120.5322.55
3 Years Annualised4.715.155.46
5 Years Annualised9.318.6110.15
10 Years Annualised3.608.4510.67

Morningstar SRRI

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

Investment Objective

The fund seeks to generate a high level of income, payable monthly into a UK bank or building society account, by investing principally in high yielding European corporate bonds, bonds issued by European governments and European fixed interest instruments. The Fund Manager may also invest in European equities.

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
Bonds93.460.0093.46
Cash85.1280.984.14
Other2.400.002.40
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond90.14
Cash & Equivalents6.30
Convertible1.49
Government1.48
Commercial Mortgage Backed0.77
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
AXA WF European Hi Yield Bds M(H)-C GBP Luxembourg98.05
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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