AXA Framlington UK Mid Cap Fund

ISIN GB00B5032Q31

Last NAV 2.5820 GBP as of 18/10/19

Why this fund

A Fund aiming to offer attractive return potential by investing in mispriced companies in the strong performing UK mid cap arena.
The AXA Framlington UK Mid Cap Fund offers investors the opportunity to invest in companies of the FTSE 250 (ex IT) Index, which covers a diversity of dynamic businesses exploiting both local and global markets.The Fund aims to invest in mainly UK domiciled, medium sized companies in order to generate capital growth.

Reasons to invest:

  1. Experienced team with a long track record in UK Mid Cap investing
  2. A combination of sector thematic and fundamental bottom-up stock picking approach
  3. A focus on internationally exposed, market leading growth companies
  4. An investment universe featuring the ‘sweet spot' of earnings growth and M&A opportunities
  5. A rigorous portfolio construction with strong sell discipline and robust risk monitoring


Chris St. John, lead fund manager, is a specialist in the UK Mid Cap area. The UK Mid Cap team benefits from the experience and support of our broader UK equity investment team. Chris and the team undertake in-depth research in order to identify stocks which aim to outperform their peers by generating sustainable returns on invested capital and growth in earnings.

Key figures

  • 70%

    Expects to have a minimum of 70% of the Fund invested in companies in the FTSE 250 (ex IT) Index

  • 60 - 80 stocks

    Aims to hold between 60 – 80 stocks

  • 4%

    4% of total portfolio for individual holdings

Fund facts:

  • Launch date: 04/03/2011
  • Sector: UK All Companies
  • Lead Portfolio Manager: Chris St John
  • Deputy Fund Manager: Dan Harlow
  • Pay dates: 31 May & 30 Nov
As at 31 July 2017

Overview

Investment objectives

The aim of this Fund is to provide long-term capital growth.

Risk

Synthetic Risk & Reward Information scale

1 2 3 4 SRRI Value 5 6 7

The risk category is calculated using historical performance data and may not be a reliable indicator of the Fund's future risk profile. The risk category shown is not guaranteed and may shift over time The lowest category does not mean risk free.

Why is this Fund in this category?

The capital of the Fund is not guaranteed. The Fund is invested in financial markets and uses techniques and instruments which are subject to some levels of variation, which may result in gains or losses.

Additional risks

Liquidity Risk: some investments may trade infrequently and in small volumes. As a result the Fund manager may not be able to sell at a preferred time or volume or at a price close to the last quoted valuation. The Fund manager may be forced to sell a number of such investments as a result of a large redemption of units in the Fund. Depending on market conditions, this could lead to a significant drop in the Fund's value and in extreme circumstances lead the Fund to be unable to meet its redemptions.

Investment horizon

This Fund may not be suitable for investors who plan to withdraw their contribution within five years.

Performance

Any performance shown is net of the ongoing charge for the share class selected with income reinvested . Past performance is not a guide to future performance. The value of investments can fall as well as rise and you may get back less than invested. The fund can use derivatives for investment purposes.  These instruments may cause periods of high volatility in the price of the shares of the fund.

Benchmark

Performance indicator Start date End date
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Performance table

End date

Performance table Net performance Performance indicator  Start date End date
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1M - - - -
QTD - - - -
3M - - - -
6M - - - -
YTD - - - -
1Y - - - -
2Y - - - -
3Y - - - -
4Y - - - -
5Y - - - -
8Y - - - -
10Y - - - -
Since launch - - - -
Y-1 - - - -
Y-2 - - - -
Y-3 - - - -
Y-4 - - - -
Y-5 - - - -

Risk table

End date

Risk table Fund volatility Benchmark volatility Tracking error Information ratio Sharpe ratio Beta Alpha
1M - - - - - - -
QTD - - - - - - -
3M - - - - - - -
6M - - - - - - -
YTD - - - - - - -
1Y - - - - - - -
3Y - - - - - - -
5Y - - - - - - -
8Y - - - - - - -
10Y - - - - - - -
Since launch - - - - - - -

Price table

Start date

End date

Price Date Portfolio AUM
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NAV

First NAV date 04/03/11

Administration

Fees

Ongoing Charges 1.59%

Fund facts

Currency GBP
Start date 04/03/11
Asset class FRAMLINGTON EQUITIES
RI fund False
Legal authority Financial Conduct Authority

Portfolio management

Fund Manager Christopher ST. JOHN
Co-manager Dan HARLOW
Investment team MT Framlington Global Equity

Structure

Investment area UK
Legal form Unit Trust

Subscription and redemption

Your orders to buy, sell or transfer units in the Fund must be received by the Administrator by 12 noon on any working day, to receive that days Fund price. Please note that if your order is placed by an intermediary or Financial Adviser they may require extra processing time.The Net Asset Value of this Fund is calculated on a daily basis. Minimum initial investment: £1,000 Minimum subsequent investment: £100

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