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Contact details

7 Newgate Street, London, EC1A 7NX
0845 766 0184 (Broker Line)
0844 620 0151 (Fax Number)
0845 777 5511 (Main Number)

Fund managers

* Richard Marwood01-May-2002 to Present
Jim Stride»17-May-1994 to 31-Dec-2005

Investment objectives

To achieve a growing income with some prospects for capital growth over the medium to long term.

Key Information

Fund vs sector

  1y 3y
Position 120 / 198 99 / 168
Quartile 3 3

Fund ratings

BronzeMstar OBSR
FE Crown Rating: 3 FE Crown Rating


  1y 3y
Volatility 6.07 6.48
Alpha -3.28 -2.15
Beta 1.44 1.24
Sharpe 0.20 0.61
Info Ratio -0.31 -0.15
R2 0.81 0.88
Quartiles:   1  2  3  4   help with ratios
vs. Mixed Investment 20%-60% Shares»
performance chart
ACC +3.8+21.8+36.8+8.0+8.6+1.3+10.9
  MIXED INVESTMENT 20%-60% SHARES   +4.3+23.0+31.2+8.2+9.0-1.8+8.6
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf AXA DISTRIBUTION Z ACC ACC 195.80 (p) 19-Dec-2014 2.69 0.77% AD94 0616010
pdf AXA DISTRIBUTION Z INC INC 119.80 (p) 19-Dec-2014 2.71 0.77% AD95 0616054
pdf AXA DISTRIBUTION J INC INC 108.30 (p) 19-Dec-2014 2.74 n/a GWAC B8KDT96
pdf AXA DISTRIBUTION J ACC ACC 114.60 (p) 19-Dec-2014 2.70 n/a GWAD B7Y6574
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf AXA DISTRIBUTION R ACC ACC 181.90 (p) 19-Dec-2014 2.71 1.51% AD67 0616032
pdf AXA DISTRIBUTION R INC INC 111.60 (p) 19-Dec-2014 2.75 1.51% AD70 0616076

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Open Ended Investment Company (OEIC)
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£1,011.8m / $1,583.7m (18-Dec-14)
Savings plan Fund has Savings Plan Minimum: £ 50.0 Monthly Launch17-May-1994
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesMon-Fri 09:00 to 17:00
Minimum initial£ 1,000
Minimum additional£ 500
Initial charge5.00%
Annual management charge1.50%
Note to chargesn/a
Trustee / DepositaryHSBC Bank Plc
Dividend policyMar 01, Jun 01, Sep 01, Dec 01 (Final)
Peer groups
Region Asset Class Investment Focus Sector
United Kingdom Mixed Asset *None Mixed Investment 20%-60% Shares
Largest holdings, 31-Oct-2014
Holding (%) Rank Fund factsheet Equity factsheet
TREASURY 2 1/2% IDX-LKD GILT 26/07/16 GBP0.01 12.40 1 - *
TREASURY 1.25% IDX-LKD GILT 22/11/17 GBP0.01 8.00 2 - *
HSBC HLDGS 3.50 4 - -
BP 2.60 5 - *
BG GROUP 1.40 10 - *
Regional weightings, 31-Oct-2014
UK95.381 95.38% UK
Cash3.752 3.75% Cash
International0.873 0.87% International
Sector weightings, 31-Oct-2014
AA96.041 96.04% AA
Money Market3.752 3.75% Money Market
AAA0.213 0.21% AAA

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

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Asset allocation

UK Equities, 55.91%
55.9100% ofUK Equities
UK Index-Linked, 37.29%
37.2900% ofUK Index-Linked
Cash, 3.75%
3.7500% ofCash
UK Gilts, 2.18%
2.1800% ofUK Gilts
International Equities, 0.87%
0.8700% ofInternational Equities

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