AXA Sterling SmartBeta Credit Bond

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 125.70 Day Change GBX +0.20 (0.16%)
Price Date 19 Oct 2016 Crown Rating 5
Shares Class Inc. Yield 2.80 %
Total Expense Ratio 0.00 Fund Size 99,070,300.00
Launch Date 31/10/2012 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.15 Sector IMA UK Equity Income
Min Investment (£) 2,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B7VXY261 Min TopUp (£) 100,000.00

Fund Objective

The aim of the Fund is to generate returns by investing, generally, in the sterling-denominated investment grade corporate bond market. The Fund may also invest in non-sterling denominated investment grade corporate bonds, hedged back into sterling. The Fund seeks to capture the credit premium offered by this market in an economical manner.