AXA Pan European High Yld Bond Z Grs Acc (FUND:B6XDWS9) - Overview

Fund Report

AXA Pan European High Yield Bond Z Gross GBP Acc

Key Stats
Morningstar® CategoryEurope High Yield Bond
Manager Name-
Inception Date16/04/2012
NAV 26/10/2016GBX 149.30
Day Change-0.40%
12 Month Yield5.55%
Dividend FrequencyMonthly
Net Assets (mil) 30/09/201627.22 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%
Fund Rebate-

Morningstar Rating™



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) 30/09/2016

How has this security performed
  • Fund: AXA Pan European High Yield Bond Z Gross GBP Acc
  • Category: Europe High Yield Bond
  • Benchmark: BofAML European Currency High Yield Constrained TR Hdg EUR
Trailing Returns % (GBP) 26/10/2016
3 Years Annualised5.186.927.49
5 Years Annualised9.118.9610.67
10 Years Annualised3.899.3911.66

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 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 Bond90.56
Cash & Equivalents8.32
Commercial Mortgage Backed0.66
Top Holdings
IncreaseDecreaseNew since last portfolio
Lafarge 10% 2017-05-30France1.40
Iron Mountain Eu 6.125% 2022-09-15United Kingdom1.09
Albea Beauty Hldgs 8.75% 2019-11-01Luxembourg1.05
Spcm S.A. 2.875% 2023-06-15France0.99
Investec Bk 9.625% 2022-02-17United Kingdom0.98
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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