AXA Investment Managers UK Ltd AXA Global Sustainable Managed Class Z Inc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/11/20
to
30/11/21		 30/11/21
to
30/11/22		 30/11/22
to
30/11/23		 30/11/23
to
30/11/24		 30/11/24
to
30/11/25
Fund 10.3% -11.2% 4.7% 16.8% 6.7%
Sector 11.9% -7.4% 2.2% 14.9% 9.9%
Rank 135/176 156/186 30/193 50/207 189/217
Quartile 4 4 1 1 4

Annualised performance

Annualised
3 Years to
30/11/25		 5 Years to
30/11/25		 10 Years to
30/11/25
Fund 9.3% 5.0% 6.8%
Sector 8.9% 6.0% 6.3%
Rank 92/193 127/176 46/112
Quartile 2 3 2

Top 10 Holdings

Stock % Weight
APPLE 2.27
MICROSOFT CORPORATION 2.07
ALPHABET 1.81
AMAZON.COM 1.68
NVIDIA CORPORATION 1.53
AMERICAN EXPRESS COMPANY 1.39
BOOKING HOLDINGS 1.30
VISA 1.30
UBER TECHNOLOGIES 1.29
SERVICENOW 1.29
Total 15.93

Fund Aims

The aim of this Fund is to: (i) provide long-term capital growth over a period of 5 years or more; and (ii) contribute to the global transition to net zero by investing in shares in companies which demonstrate a clear and credible commitment to achieving net zero carbon emissions by 2050 or are decreasing their carbon emissions intensity to achieve net zero emissions by 2050(2). The fund manager will seek to keep the weighted average carbon intensity (WACI)(1) of the Fund's equity investments lower than its Emissions Benchmark. The Fund's Emissions Benchmark has been calculated by the fund manager to ensure that the equity investments of the Fund are on a trajectory to reach net zero carbon emissions by 2050 . The initial value of the Emissions Benchmark is calculated as a 30% reduction of the WACI of the MSCI All Country World Index (“MSCI ACWI”) as of 31st December 2021. Thereafter, the Emissions benchmark will be reduced by 7% year on year.{break}(1)The Weighted Average Carbon Intensity (WACI) of a fund or index is used to show the fund's or the index's exposure to carbon-intensive companies and is calculated by summing each holding's Scope 1 and 2 carbon emissions (measured in tons of carbon dioxide emissions per USD 1 million of their revenue) by its portfolio weight.{break}(2)The Emissions Benchmark is not a benchmark or an index in the typical sense (i.e. it is not tracking the performance of a particular group of assets), but is being used as a marker

Fund Manager

David Shaw manager for 4 years and 1 months

Photo of David Shaw TBC

Jamie Forbes-Wilson manager for 4 years and 10 months

Photo of Jamie Forbes-Wilson Jamie joined AXA Framlington in 2003 as an investment manager responsible for charity, pension and private client portfolios. He began his career in 1996 as a graduate trainee with Wise Speke, a regional private client stockbroking firm. The company subsequently became part of Brewin Dolphin, where he worked as a private client portfolio manager. Jamie graduated from Exeter University in 1996 with a BA (Hons) degree in Economic History and Politics. He is a Fellow of the Securities Institute (FSI).

Fund Overview

Mid (09/12/2025) 220.10p
Historic yield 1.08%
Fund size (30/09/2025) £824.68m
Number of holdings 130
Entry Charge 0.00%
Ongoing Charges 0.69%
Launch date 31/12/1992

Asset Allocation

pie chart
  International Equities 58.43%
  UK Equities 22.36%
  Cash and Equivalents 2.39%
  Property 0.90%
  International Bonds 0.43%
  Other Assets 15.50%

Commentary

Main changes to the portfolio during August There were no significant changes to asset allocation during August. At the stock level we were reasonably active but there were few new investments and in general we used new cash to add to existing holdings. In the UK, however, we made a new investment in Marks & Spencer, which appears to be bucking the dull trend in the high street and we expect forecast upgrades.

Factors affecting performance during August World equity markets were strong in August though sterling's strength reduced returns for sterling based investors. The UK equity market also underperformed in local currency terms. The US Federal Reserve Board's decision to leave interest rates unchanged produced a change in expectations for interest rates and a better tone in markets. Bond yields also fell as a result and bonds produced positive returns. Global earnings estimates continue to be revised up in aggregate though the picture was more mixed than of late with oils and banks still strong. In the UK the FTSE 100 lagged the rest of the market, returning only 0.3%. The decision by the Monetary Policy Committee to increase interest rates to 4.75% was not expected but nevertheless the FTSE 250 and FTSE SmallCap indices were much stronger and returned 2.9% and 2.1% respectively.

Current market influences and outlook The economic and corporate news background continues to be positive for equities and we remain generally sanguine about the level of markets. Valuations do not, however, look particularly compelling so we expect only modest progress in the coming months. We continue to search for situations that can add value even if markets move little.

Past performance is not a guide to future performance. Source: AXA Framlington

Portfolio data accurate as at: 30/09/25

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 58.43%
  UK Equities 22.36%
  Cash and Equivalents 2.39%
  Property 0.90%
  International Bonds 0.43%
  Other Assets 15.50%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Technology 16.90% - - -
 
 Technology - 16.90% - -
 
 Technology Hardware & Equipment - - 8.61% -
 
 Semiconductors - - - 4.31%
 
 Computer Hardware - - - 2.38%
 
 Production Technology Equipment - - - 1.30%
 
 Electronic Office Equipment - - - 0.61%
 
 Software & Computer Services - - 8.28% -
 
 Software - - - 5.78%
 
 Consumer Digital Services - - - 1.81%
 
 Computer Services - - - 0.69%
 
 Non-Classified 15.50% - - -
 
 Financials 14.95% - - -
 
 Financial Services - 6.87% - -
 
 Investment Banking & Brokerage Services - - 6.25% -
 
 Investment Services - - - 2.94%
 
 Asset Managers & Custodians - - - 2.71%
 
 Diversified Financial Services - - - 0.59%
 
 Finance & Credit Services - - 0.62% -
 
 Financial Data & Systems - - - 0.62%
 
 Banks - 4.09% - -
 
 Banks - - 4.09% -
 
 Banks - - - 4.09%
 
 Insurance - 4.00% - -
 
 Non-life Insurance - - 2.19% -
 
 Property & Casualty Insurance - - - 1.45%
 
 Full Line Insurance - - - 0.74%
 
 Life Insurance - - 1.80% -
 
 Life Insurance - - - 1.80%
 
 Industrials 13.03% - - -
 
 Industrial Goods & Services - 11.94% - -
 
 Industrial Support Services - - 4.25% -
 
 Transaction Processing Services - - - 2.69%
 
 Professional Business Support Services - - - 1.15%
 
 Business Training & Employment Agencies - - - 0.41%
 
 Electronic & Electrical Equipment - - 2.90% -
 
 Electrical Components - - - 2.58%
 
 Electronic Equipment: Pollution Control - - - 0.32%
 
 General Industrials - - 2.05% -
 
 Diversified Industrials - - - 2.05%
 
 Industrial Engineering - - 1.43% -
 
 Machinery: Construction & Handling - - - 1.43%
 
 Aerospace & Defence - - 0.86% -
 
 Defense - - - 0.86%
 
 Industrial Transportation - - 0.45% -
 
 Commercial Vehicle-Equipment Leasing - - - 0.45%
 
 Construction & Materials - 1.09% - -
 
 Construction & Materials - - 1.09% -
 
 Building Materials: Other - - - 0.66%
 
 Construction - - - 0.44%
 
 Consumer Discretionary 11.26% - - -
 
 Retail - 4.47% - -
 
 Retailers - - 4.47% -
 
 Diversified Retailers - - - 3.01%
 
 Apparel Retailers - - - 1.10%
 
 Home Improvement Retailers - - - 0.36%
 
 Consumer Products & Services - 3.36% - -
 
 Consumer Services - - 1.29% -
 
 Consumer Services: Misc. - - - 1.29%
 
 Household Goods & Home Construction - - 0.83% -
 
 Home Construction - - - 0.83%
 
 Leisure Goods - - 0.62% -
 
 Consumer Electronics - - - 0.62%
 
 Personal Goods - - 0.62% -
 
 Cosmetics - - - 0.38%
 
 Luxury Items - - - 0.24%
 
 Travel & Leisure - 2.93% - -
 
 Travel & Leisure - - 2.93% -
 
 Travel & Tourism - - - 1.87%
 
 Restaurants & Bars - - - 0.67%
 
 Hotels & Motels - - - 0.39%
 
 Automobiles & Parts - 0.28% - -
 
 Automobiles & Parts - - 0.28% -
 
 Automobiles - - - 0.28%
 
 Media - 0.23% - -
 
 Media - - 0.23% -
 
 Media Agencies - - - 0.23%
 
 Health Care 9.67% - - -
 
 Health Care - 9.67% - -
 
 Medical Equipment & Services - - 5.19% -
 
 Medical Equipment - - - 3.13%
 
 Medical Supplies - - - 2.07%
 
 Pharmaceuticals & Biotechnology - - 4.47% -
 
 Pharmaceuticals - - - 2.86%
 
 Biotechnology - - - 1.62%
 
 Real Estate 4.27% - - -
 
 Real Estate - 4.27% - -
 
 Real Estate Investment Trusts - - 2.75% -
 
 Infrastructure REITs - - - 0.93%
 
 Industrial REITs - - - 0.90%
 
 Office REITs - - - 0.48%
 
 Storage REITs - - - 0.44%
 
 Real Estate Investment & Services - - 1.52% -
 
 Real Estate Services - - - 1.11%
 
 Real Estate Holding and Development - - - 0.41%
 
 Basic Materials 3.69% - - -
 
 Basic Resources - 1.99% - -
 
 Industrial Metals & Mining - - 1.99% -
 
 General Mining - - - 0.89%
 
 Copper - - - 0.79%
 
 Metal Fabricating - - - 0.31%
 
 Chemicals - 1.71% - -
 
 Chemicals - - 1.71% -
 
 Chemicals: Diversified - - - 1.71%
 
 Utilities 3.35% - - -
 
 Utilities - 3.35% - -
 
 Electricity - - 2.32% -
 
 Conventional Electricity - - - 2.32%
 
 Gas, Water & Multi-utilities - - 0.71% -
 
 Multi-Utilities - - - 0.71%
 
 Waste & Disposal Services - - 0.32% -
 
 Waste & Disposal Services - - - 0.32%
 
 Consumer Staples 3.32% - - -
 
 Food, Beverage & Tobacco - 2.36% - -
 
 Food Producers - - 2.14% -
 
 Food Products - - - 2.14%
 
 Beverages - - 0.22% -
 
 Distillers & Vintners - - - 0.22%
 
 Personal Care, Drug & Grocery Stores - 0.97% - -
 
 Personal Care, Drug & Grocery Stores - - 0.97% -
 
 Personal Products - - - 0.53%
 
 Food Retailers & Wholesalers - - - 0.43%
 
 Cash and Equivalents 2.39% - - -
 
 Telecommunications 0.63% - - -
 
 Telecommunications - 0.63% - -
 
 Telecommunications Service Providers - - 0.46% -
 
 Telecommunications Services - - - 0.46%
 
 Telecommunications Equipment - - 0.17% -
 
 Telecommunications Equipment - - - 0.17%
 
 Energy 0.60% - - -
 
 Energy - 0.60% - -
 
 Non-Renewable Energy - - 0.39% -
 
 Integrated Oil & Gas - - - 0.39%
 
 Renewable Energy - - 0.21% -
 
 Alternative Fuels - - - 0.21%
 
 Bonds 0.43% - - -

Regional Allocation

pie chart
  North America 27.67%
  UK 22.36%
  Developed Europe - Excl UK 16.71%
  Non-Classified 15.50%
  Japan 7.96%
  Cash and Equivalents 2.39%
  Australia & New Zealand 2.22%
  Emerging Asia 2.20%
  Developed Asia 1.69%
  Other Regions 1.31%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 97.19%
  Cash 2.39%
  Swiss Franc 0.43%

Regional Breakdown

Expand allCollapse all
Region Country
 
 North America 27.67% -
 
 United States - 27.67%
 
 UK 22.36% -
 
 United Kingdom - 22.36%
 
 Developed Europe - Excl UK 16.71% -
 
 France - 4.37%
 
 Switzerland - 2.40%
 
 Ireland - 2.34%
 
 Germany - 2.19%
 
 Italy - 1.55%
 
 Spain - 1.15%
 
 Netherlands - 0.89%
 
 Finland - 0.56%
 
 Belgium - 0.42%
 
 Sweden - 0.29%
 
 Norway - 0.28%
 
 Denmark - 0.27%
 
 Non-Classified 15.50% -
 
 Japan 7.96% -
 
 Japan - 7.96%
 
 Cash and Equivalents 2.39% -
 
 Australia & New Zealand 2.22% -
 
 Australia - 2.22%
 
 Emerging Asia 2.20% -
 
 Taiwan - 1.74%
 
 South Korea - 0.29%
 
 China - 0.17%
 
 Developed Asia 1.69% -
 
 Hong Kong - 1.69%
 
 Property 0.90% -
 
 Middle East & Africa 0.26% -
 
 South Africa - 0.26%
 
 South & Central America 0.15% -
 
 Mexico - 0.15%

Breakdown By Market Cap (%)

Mega
 
 
51.01%
Large
 
 
12.87%
Medium
 
 
11.28%
Small
 
 
1.69%
Non-Classified
 
 
20.35%
Bonds
 
 
0.43%
Cash
 
 
2.39%

Top 10 Holdings

Stock % Weight Sector Country
1 APPLE 2.27% Technology Hardware & Equipment United States
2 MICROSOFT CORPORATION 2.07% Software & Computer Services United States
3 ALPHABET 1.81% Software & Computer Services United States
4 AMAZON.COM 1.68% Retailers United States
5 NVIDIA CORPORATION 1.53% Technology Hardware & Equipment United States
6 AMERICAN EXPRESS COMPANY 1.39% Industrial Support Services United States
7 BOOKING HOLDINGS 1.30% Travel & Leisure United States
8 VISA 1.30% Industrial Support Services United States
9 UBER TECHNOLOGIES 1.29% Consumer Services United States
10 SERVICENOW 1.29% Software & Computer Services United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 0.73% 16.17% - - - - - - 16.90%
Telecommunications - 0.63% - - - - - - 0.63%
Financials 5.89% 9.06% - 0.43% - - - - 15.38%
Real Estate 1.91% 1.46% - - - 0.90% - - 4.27%
Consumer Discretionary 1.58% 9.69% - - - - - - 11.26%
Consumer Staples 1.97% 1.35% - - - - - - 3.32%
Energy 0.21% 0.39% - - - - - - 0.60%
Utilities 1.92% 1.43% - - - - - - 3.35%
Health Care 3.01% 6.66% - - - - - - 9.67%
Industrials 3.94% 9.10% - - - - - - 13.03%
Basic Materials 1.20% 2.49% - - - - - - 3.69%
Cash and Equivalents - - - - - - - 2.39% 2.39%
Non-Classified - - - - - - 15.50% - 15.50%

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B7MQY79
Mex Code FRMNGB
Isin Code GB00B7MQY793
Citi Code 11VM

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.69%

Aims and Benchmark

Aims The aim of this Fund is to: (i) provide long-term capital growth over a period of 5 years or more; and (ii) contribute to the global transition to net zero by investing in shares in companies which demonstrate a clear and credible commitment to achieving net zero carbon emissions by 2050 or are decreasing their carbon emissions intensity to achieve net zero emissions by 2050(2). The fund manager will seek to keep the weighted average carbon intensity (WACI)(1) of the Fund's equity investments lower than its Emissions Benchmark. The Fund's Emissions Benchmark has been calculated by the fund manager to ensure that the equity investments of the Fund are on a trajectory to reach net zero carbon emissions by 2050 . The initial value of the Emissions Benchmark is calculated as a 30% reduction of the WACI of the MSCI All Country World Index (“MSCI ACWI”) as of 31st December 2021. Thereafter, the Emissions benchmark will be reduced by 7% year on year.{break}(1)The Weighted Average Carbon Intensity (WACI) of a fund or index is used to show the fund's or the index's exposure to carbon-intensive companies and is calculated by summing each holding's Scope 1 and 2 carbon emissions (measured in tons of carbon dioxide emissions per USD 1 million of their revenue) by its portfolio weight.{break}(2)The Emissions Benchmark is not a benchmark or an index in the typical sense (i.e. it is not tracking the performance of a particular group of assets), but is being used as a marker
Benchmark IA Mixed Investment 40-85% Shares Sector
Benchmark Category -
IA Sector Mixed Investment 40-85% Shares

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type Unit Trust
Launch price £0.50
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 January 29 February

Ratings

FE Crown Crown Rating of 4

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository The National Westminster Bank plc
Fund Administrator Internal
Fund Registrar DST Financial Services Europe
Fund Custodian HSBC Bank plc

Group Details

Group name AXA Investment Managers UK Limited
Group address Broker Services Team AXA Investment Managers 7 Newgate Street London EC1A 7NX
Group telephone 020 7003 1234
Dealing telephone 0207 0031234
Email broker.services@axa-im.com
Homepage www.axa-im.com
Fax number 020 7003 2313

Dealing

Minimum Investment £100000
Minimum Top Up £5000
Minimum Regular Saving -
Settlement Period: Buy 4 days
Settlement Period: Sell 4 days
Pricing Basis Forward
Dealing Decimals 3

Important Information

Ongoing charges may vary in the future and may be higher than they are now.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.