AXA Sterling Crdt Shrt Dura Bd Z Grs Inc (FUND:B5VL0B7) - Fund price

Fund Report

AXA Sterling Credit Short Duration Bond Z Gross Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameNicolas Trindade
Inception Date12/11/2010
NAV 19/08/2019GBX 103.60
Day Change0.00%
12 Month Yield1.44%
Dividend FrequencyQuarterly
Net Assets (mil) 31/07/2019750.35 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 Cost0.42%
Fund Rebate-

Morningstar Rating™

1 Star

Morningstar Sustainability Rating

Below Average

Below Average

Sustainability Rating as of 30/06/2019


Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

Markit iBoxx GBP NonGilts TR

Growth Of 10,000 (GBP) 31/07/2019

How has this security performed
  • Fund: AXA Sterling Credit Short Duration Bond Z Gross Inc
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 19/08/2019
3 Years Annualised1.162.882.79
5 Years Annualised1.545.125.59
10 Years Annualised---

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 investment grade bond market with a bias towards shorter maturities. 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 and hedging techniques permitted in applicable Financial Conduct Authority rules.

Portfolio Profile31/07/2019

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 Bond86.05
Covered Bond5.02
Asset Backed4.26
Cash & Equivalents1.33
Agency Mortgage Backed1.23
Top Holdings
IncreaseDecreaseNew since last portfolio
DnB Bank ASA 1.62% 2023-12-15Norway1.41
Autostrade per l'Italia S.p.A. 6.25% 2022-06-09Italy1.33
Scentre Management Limited 2.38% 2022-04-08Australia1.30
ESB Finance Designated Activity Company 6.5% 2020-03-05Ireland1.30
CPUK Finance Limited 7.24% 2024-02-28United Kingdom1.29
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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