AXA World Funds - Global High Yield Bonds A Capitalisation USD

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Performance History31/05/2021
Growth of 1,000 (GBP) Advanced Graph
AXA World Funds - Global High Yield Bonds A Capitalisation USD
Fund-2.73.27.71.0-2.3
+/-Cat-0.70.9-0.3-1.0-0.6
+/-B’mrk-3.40.5-1.7-3.6-0.6
 
Key Stats
NAV
15/06/2021
 USD 156.66
Day Change 0.25%
Morningstar Category™ Global High Yield Bond
ISIN LU0184630167
Fund Size (Mil)
15/06/2021
 USD 1513.58
Share Class Size (Mil)
15/06/2021
 USD 49.46
Max Initial Charge 3.00%
Ongoing Charge
19/02/2021
  1.50%
Morningstar Research
Analyst Report

AXA WF Global High Yield Bond offers investors exposure to very experienced portfolio managers that utilise a differentiated approach to high-yield investing.The Morningstar Analyst Rating for the strategy’s clean share class (F Cap USD) is...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAbove Average
ParentAverage
ProcessHigh
Performance
Price
Investment Objective: AXA World Funds - Global High Yield Bonds A Capitalisation USD
To seek high income, in USD, from an actively managed bond portfolio. Capital growth is a secondary objective. The Sub-Fund is actively managed in order to capture opportunities in international high yield corporate debt market, primarily investing in securities that are part of the ICE BofAML Global High Yield Hedged USD benchmark index (the "Benchmark") universe. As part of the investment process, the Investment Manager has broad discretion over the composition of the Sub-Fund's portfolio and can take, based on its investment convictions, exposure to companies, countries or sectors not included in the Benchmark or take different positioning in terms of duration, geographical allocation and/or sector or issuer selection compared to the Benchmark, even though the Benchmark constituents are generally representative of the Sub-Fund's portfolio. Thus, the deviation from the Benchmark is likely to be significant.
Returns
Trailing Returns (GBP)15/06/2021
YTD-0.82
3 Years Annualised2.86
5 Years Annualised6.04
10 Years Annualised6.91
12 Month Yield 0.00
Management
Manager Name
Start Date
James Gledhill
24/07/2012
Carl Whitbeck
24/07/2012
Inception Date
27/02/2004
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE BofA Gbl HY TR HUSDICE BofA Gbl HY Constnd TR USD
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 - Global High Yield Bonds A Capitalisation USD28/02/2021
Fixed Income
Effective Maturity5.15
Effective Duration2.67
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond94.530.0094.53
Property0.000.000.00
Cash110.43105.994.43
Other1.040.001.04

Related

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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