AXA Carbon Transition Buy & Maintain Credit Class Z - Accumulation (Gross GBP)





Charges and Savings
Initial charges | |
---|---|
Initial charge: | 0.00% |
Initial saving from HL: | 0.00% |
Net initial charge: | 0.00% |
HL dealing charge: | Free |
Annual charges | |
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Performance fee: | No |
Ongoing charge (OCF/TER): | 0.15% |
Ongoing saving from HL: | 0.00% |
Net ongoing charge: | 0.15% |
In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
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Performance
29/07/20 to 29/07/21 | 29/07/21 to 29/07/22 | 29/07/22 to 29/07/23 | 29/07/23 to 29/07/24 | 29/07/24 to 29/07/25 | |
---|---|---|---|---|---|
Annual return | 1.36% | -11.62% | -7.67% | 9.47% | 3.53% |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
View fund chartOur view on this fund
The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Fund Objective
The aim of this Fund is to: (i) generate an income and capital return (net of fees) over the long term (being a period of five years or more) in line with the sterling denominated investment grade corporate bond market, as represented by the ICE BofA Sterling Non-Gilt Index (the Index); and (ii) contribute to the global transition to net zero by investing in issuers which demonstrate a clear and credible commitment to achieving net zero carbon emissions by 2050 or are decreasing their carbon emissions intensity to achieve net zero emissions by 2050. The ACD will seek to keep the weighted average carbon intensity (WACI) of the Fund lower than its Emissions Benchmark. The Fund's Emissions Benchmark has been calculated by the ACD to ensure that the Fund's investments are on a trajectory to reach net zero carbon emissions by 2050. The initial value of the Emissions Benchmark is calculated as a 30% reduction of the WACI of the ICE BofA Sterling Non-Gilt index (the “Index”) as of 31st December 2021. Thereafter, the Emissions benchmark will be reduced by 7% year on year. Further details on the Key Performance Indicators that are used to measure and report on the Fund's carbon emissions targets can be found below.
Income Details
Security | Weight |
---|---|
LIBERTY LIVING FINANCE | 0.96% |
SOCIETY OF LLOYD S | 0.94% |
PRUDENTIAL FUNDING ASIA | 0.92% |
VICINITY CENTRES TRUST | 0.90% |
STUDENT FINANCE PLC | 0.89% |
TESCO PROPERTY FIN 1 PLC | 0.89% |
ROTHESAY LIFE | 0.89% |
WESTFIELD STRATFORD NO 2 | 0.89% |
EDP FINANCE BV | 0.88% |
UBS GROUP AG | 0.88% |
Sector | Weight |
---|---|
Bonds | 96.58% |
Cash and Equiv. | 2.36% |
Non-Classified | 1.06% |
Country | Weight |
---|---|
United Kingdom | 49.52% |
United States | 11.55% |
Non-Classified | 9.35% |
France | 7.99% |
Netherlands | 5.16% |
Australia | 3.51% |
Canada | 2.40% |
Cash and Equiv. | 2.36% |
Spain | 2.17% |
Germany | 1.49% |
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 30 July 2025. Data provided by Broadridge, correct as at 31 March 2023.


4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.