AXA Sterling Crdt Shrt Dura Bd Z Net Acc (FUND:B5VLK17) - Overview

Fund Report

AXA Sterling Credit Short Duration Bond Fund Z GBP Acc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameNicolas Trindade
Inception Date12/11/2010
NAV 21/10/2016GBX 116.00
Day Change0.00%
12 Month Yield1.26%
Dividend FrequencyQuarterly
Net Assets (mil) 30/09/2016478.10 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 Charge0.43%
Fund Rebate-

Morningstar Rating™

Not Rated


Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 30/09/2016

How has this security performed
  • Fund: AXA Sterling Credit Short Duration Bond Fund Z GBP Acc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 21/10/2016
3 Years Annualised1.886.698.14
5 Years Annualised2.817.788.96
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 Profile30/09/2016

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 Bond74.38
Cash & Equivalents21.11
Asset Backed2.21
Commercial Mortgage Backed1.60
Top Holdings
IncreaseDecreaseNew since last portfolio
New since last portfolioEuro-Schatz Fut Dec16 Xeur 20161208 Germany1.62
IncreaseCrawley 2019-05-13United Kingdom1.30
Total Cap Intl FRN 2019-07-01France1.14
IncreaseSafeway 6.125% 2018-12-17United Kingdom1.12
Mcdonald'S 6.375% 2020-02-03United States1.08
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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