AXA World Funds - Framlington Global Convertibles F Capitalisation EUR pf

Performance History31/08/2020
Growth of 1,000 (GBP) Advanced Graph
AXA World Funds - Framlington Global Convertibles F Capitalisation EUR pf
Fund16.711.0-4.53.014.3
+/-Cat0.42.11.20.31.6
+/-B’mrk-3.7-1.0-1.1-5.1-8.1
 
Key Stats
NAV
22/09/2020
 EUR 166.28
Day Change 0.67%
Morningstar Category™ Convertible Bond - Global, EUR Hedged
ISIN LU0545090903
Fund Size (Mil)
22/09/2020
 EUR 802.96
Share Class Size (Mil)
22/09/2020
 EUR 122.05
Max Initial Charge 2.00%
Ongoing Charge
01/04/2020
  0.87%
Morningstar Research
Analyst Report

Veteran manager Marc Basselier resigned from AXA IM in December 2018 and the fund’s reins were taken over by a new recruit, Xavier Lattaignant, in March 2019. Lattaignant brings two decades of investment experience, including a previous stint...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleNeutral
ParentNeutral
ProcessNeutral
PerformanceNeutral
PricePositive
Investment Objective: AXA World Funds - Framlington Global Convertibles F Capitalisation EUR pf
The fund’s objective is to achieve capital growth by investing in convertible securities markets. The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in convertible securities from issuers located anywhere in the world. The convertible securities selection will be focused on fundamental criteria (equity and credit), the issuer’s quality and on convertible securities that the Investment Manager has identified as undervalued. There is no formal restriction on the proportion of the Sub-Fund’s assets that can be invested in and/or exposed to any one particular market or sector.
Returns
Trailing Returns (GBP)22/09/2020
YTD15.58
3 Years Annualised5.11
5 Years Annualised8.80
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Xavier Lattaignant
04/03/2019
Alexandre Fade
27/11/2018
Inception Date
03/11/2010
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Refinitiv Global Focus Hgd CB TR EURRefinitiv Global Hgd CB TR EUR
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  AXA World Funds - Framlington Global Convertibles F Capitalisation EUR pf31/07/2020
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock1.800.001.80
Bond2.840.002.84
Property0.000.000.00
Cash73.1669.263.90
Other91.460.0091.46
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
Asia - Developed61.47
United States24.58
Eurozone13.95
Canada0.00
Latin America0.00
Top 5 Sectors%
Communication Services75.42
Technology24.58
Top 5 HoldingsSector%
AXA IM Euro Liquidity3.86
Sika AG 0.15%2.39
Deutsche Wohnen SE 0.6%1.66
Atos SE1.59
Delivery Hero Se 0.25%1.57
AXA World Funds - Framlington Global Convertibles F Capitalisation EUR pf
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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