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AXA Sterling Corporate Bond Class Z - Income (Gross GBP)

Sell:92.79p Buy:92.79p Change: 0.11p (0.12%)
Prices as at 20 March 2019
Sell:92.79p
Buy:92.79p
Change: 0.11p (0.12%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 20 March 2019
Sell:92.79p
Buy:92.79p
Change: 0.11p (0.12%)
Prices as at 20 March 2019
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as accumulation units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.57%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.57%
There are other unit types of this fund available:
Inclusive - Class R - Accumulation (Gross GBP) (Net ongoing charge 0.57%)
Inclusive - Class R - Income (Gross GBP) (Net ongoing charge 0.57%)
Class Z - Accumulation (Gross GBP) (Net ongoing charge 0.57%)

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

Unit type: Unbundled
Manager:
Phil Roantree
Fund launch date: 31 March 2004
Sector: GBP Corporate Bond
Fund size: £51 million
Number of holdings: 168
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: HSBC Bank plc
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

20/03/14 to 20/03/15 20/03/15 to 20/03/16 20/03/16 to 20/03/17 20/03/17 to 20/03/18 20/03/18 to 20/03/19
Annual return 10.18% -0.99% 11.39% 2.75% 3.08%

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 chart

Our view on this fund

The Wealth 50 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 50 funds are superior alternatives. View funds on the Wealth 50 »

Fund Objective

To provide long-term returns from a combination of income and capital growth. The portfolio will consist of primarily investment grade fixed interest investments, mainly Sterling denominated corporate bonds.

Income Details

Underlying yield : 3.10%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 April 2019 1 July 2019 1 October 2019 1 January 2020
Payment date: 31 May 20194 31 August 20194 30 November 20194 28 February 20204

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 28 February 2019.

Security Weight
SCOTTISH WIDOWS LTD SUBORDINATED REGS 06/43 7 1.32%
MITCHELLS + BUTLERS FINA SECURED REGS 09/32 6.469 1.12%
ELECTRICITY NORTH WEST SR UNSECURED REGS 03/26 8.875 1.02%
CLOSE BROTHERS GROUP PLC SUBORDINATED REGS 01/27 VAR 1.01%
PRUDENTIAL PLC SUBORDINATED REGS 10/51 VAR 1.00%
GENERAL ELECTRIC CO SR UNSECURED 12/28 5.25 1.00%
HSBC HOLDINGS PLC SUBORDINATED REGS 09/28 6.75 0.98%
LLOYDS BANK PLC SR UNSECURED REGS 04/24 7.5 0.97%
NEXT GROUP PLC COMPANY GUAR REGS 05/28 3.625 0.96%
VODAFONE GROUP PLC JR SUBORDINA REGS 10/78 VAR 0.94%
Sector Weight
Bonds 96.44%
Cash and Equiv. 3.56%
Country Weight
United Kingdom 61.67%
United States 6.79%
France 5.12%
Netherlands 4.73%
Cash and Equiv. 3.56%
Non-Classified 3.29%
Australia 2.96%
Sweden 2.34%
Canada 1.83%
Ireland 1.44%

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 20 March 2019. Data provided by Funds Library, correct as at 28 February 2019.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage 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.