AXA WF Euro Government Bonds IC

The fund’s objective is to achieve a mix of income and capital growth by investing in fixed and floating rate securities. Typical investors would seek a mix of income and capital growth measured in euro.
The Sub-Fund will essentially invest in government bonds denominated in Euro issued or guaranteed by European countries (including non European Monetary Union countries) within the investment grade category on purchase.
On an ancillary basis the Sub-Fund can invest in agencies, supranational and covered bonds denominated in Euro within the same notation criteria. At the time of the purchase, these securities will be rated investment grade, taking into account that in case of downgrade of securities in portfolio, the Sub-Fund may hold sub-investment grade securities only on an ancillary basis (i.e., rated lower than BBB- by Standard & Poor’s or lower than Baa3 by Moody’s or, if unrated, then deemed to be so by the Investment Manager).

Key stats

Management firm  AXA Funds Management S.A.
Domicile  Luxembourg
Fund Administrator  State Street Bank Luxembourg S.A.
Global Branding Name  AXA
Fund currency  EUR
Net Assets Date  2014-08-31
Net Assets  €290,288,767
Launch Date  2010-02-01
ISIN  LU0482269650
Manager 1 Name  Xavier Galiez
Fund Strategy  EUR Government Bond
Benchmark  JPM EMU Investment Grade TR EUR
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  1.79%
Return - 2 Months  2.76 %
Return - 3 Months  3.99%
Return - 6 Months  7.11 %
Return - 9 months  9.67 %
Return - 12 Months  12.62%
Annualized return 24 months  8.41 %
Annualized return 36 months  7.82 %
Annualized return 48 months  5.29 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  5.88%
Return YTD  10.29%

Ratings

Morning Star Rating Date   2014-08-31
Morning Star Rating - 36 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Initial  0.00 %
Minimum Investment  €5,000,000
Maximum Managment Charge  0.20 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  49, Avenue J.F. Kennedy
Contact city  Luxembourg
Contact country  Luxembourg
Fund Admin Group  AXA Funds Management S.A.
Custodian  State Street Bank Luxembourg S.A.

Price

Last Price Date  2014-09-18
Pre-tax nav  128.90
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  €-0.24
Price change (percentage)  -0.19 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information