AXA Global High Income Z Gross Acc

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Performance History31/08/2021
Growth of 1,000 (GBP) Advanced Graph
AXA Global High Income Z Gross Acc
Fund6.4-3.611.05.13.5
+/-Cat0.60.3-0.41.5-0.4
+/-B’mrk-0.30.0-1.30.1-0.3
 
Key Stats
NAV
17/09/2021
 GBX 250.80
Day Change 0.04%
Morningstar Category™ Global High Yield Bond - GBP Hedged
IA (formerly IMA) Sector £ High Yield
ISIN GB00B29NGF01
Fund Size (Mil)
31/08/2018
 GBP 113.57
Share Class Size (Mil)
17/09/2021
 GBP 44.98
Max Initial Charge -
Ongoing Charge
01/07/2020
  0.55%
Morningstar Research
Analyst Report

AXA Global High Income offers investors exposure to a differentiated and historically well-executed approach to high-yield investing. However, the sudden death of Carl Whitbeck, head of global high yield, as well as the departure of James...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAverage
ParentAverage
ProcessAbove Average
Performance
Price
Investment Objective: AXA Global High Income Z Gross Acc
The aim of this Fund is to provide long-term high yield returns combined with any capital growth.The Fund aims to deliver long-term high yield returns, by re-investing interest received, and any capital growth through investing primarily in ‘sub-investment grade’ bonds issued by a large number of different companies diversified across industry sectors, countries and credit ratings. The ACD focuses on credit analysis to create a portfolio of bonds that seeks diversification across companies showing improving resilience against default.
Returns
Trailing Returns (GBP)17/09/2021
YTD3.94
3 Years Annualised5.04
5 Years Annualised5.28
10 Years Annualised5.57
12 Month Yield 4.49
Management
Manager Name
Start Date
Michael Graham
13/08/2021
Robert Houle
13/08/2021
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Inception Date
11/01/2008
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE BofA Gbl HY TR HGBPICE BofA Gbl HY Constnd TR HGBP
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  AXA Global High Income Z Gross Acc31/07/2021
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond91.980.0091.98
Property0.000.000.00
Cash102.3495.496.85
Other1.170.001.17

Related

* This share class has performance data calculated prior to the inception date, 2008-01-11. This is based upon a simulated/extended track record, using the track record of AXA Global High Income R Acc (ISIN: GB0030020142), and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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