AXA Investment Managers UK Ltd AXA Framlington Monthly Income Class Z Inc

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

Performance

Discrete performance - to last month end

28/02/19
to
29/02/20
29/02/20
to
28/02/21
28/02/21
to
28/02/22
28/02/22
to
28/02/23
28/02/23
to
29/02/24
Fund 0.9% 5.6% 12.9% 2.7% -10.7%
Sector -1.2% 3.4% 13.3% 7.2% -1.2%
Rank 26/72 20/72 38/73 58/74 74/75
Quartile 2 2 3 4 4

Annualised performance

Annualised
3 Years to
29/02/24
5 Years to
29/02/24
10 Years to
29/02/24
Fund 1.1% 2.0% 3.9%
Sector 6.3% 4.2% 4.2%
Rank 68/73 64/72 37/61
Quartile 4 4 3

Top 10 Holdings

Stock % Weight
SHELL 6.41
BP 5.38
HSBC HOLDINGS 4.14
ASTRAZENECA 4.12
GSK 4.11
RIO TINTO 3.52
INTERMEDIATE CAPITAL GROUP 3.43
LEGAL & GENERAL GROUP 3.07
BRITISH AMERICAN TOBACCO 2.72
3i Group Plc 3i Group Plc Ord GBP0.738636 2.52
Total 39.42

Fund Aims

To combine a regular income with the potential for long term capital growth. The Fund will invest mainly in equities and fixed interest securities. The Fund provides monthly income payable direct to a UK bank or building society account.

Fund Manager

George Luckraft manager for 21 years and 6 months

Photo of George Luckraft George graduated from Cambridge with a degree in Engineering and Land Economy in 1980. Following his graduation, he joined Carrington Pembroke (subsequently ABN AMRO and now Artemis Unit Trust Managers) where he was Head of UK Equities. George moved to AXA Framlington in September 2002. He is fund manager for the Equity Income, Managed Income and Monthly Income Funds.

Fund Overview

Mid (27/03/2024) 125.30p
Historic yield 6.14%
Fund size (31/01/2024) £171.86m
Number of holdings 64
Entry Charge 0.00%
Ongoing Charges 0.88%
Launch date 26/10/1984

Asset Allocation

pie chart
  UK Equities 87.94%
  Property 4.72%
  Cash and Equivalents 4.42%
  Investment Trusts 2.91%

Commentary

Main changes to the portfolio during August During the month we purchased a holding in Legal & General. There are signs that attitudes to savings are improving and the shares have an attractive yield. The proceeds of the MacLellan takeover were received.

Factors affecting performance during August The portfolio underperformed, mainly due to falls of nearly 10% in Pendragon, Raymarine and Topps Tiles. All 3 have been good contributors to fund performance in the past.

Current market influences and outlook The rapid slowdown in the US housing market raises the prospect that the US economy will be weaker than expected in 2007. The recent decline in the oil price will help soothe nerves among central bankers.

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

Portfolio data accurate as at: 31/01/24

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
  UK Equities 87.94%
  Property 4.72%
  Cash and Equivalents 4.42%
  Investment Trusts 2.91%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 31.30% - - -
 
Financial Services - 16.10% - -
 
Investment Banking & Brokerage Services - - 11.91% -
 
Asset Managers & Custodians - - - 10.12%
 
Investment Services - - - 1.08%
 
Diversified Financial Services - - - 0.71%
 
Equity Investment Instruments - - 2.91% -
 
Equity Investment Instruments - - - 2.91%
 
Finance & Credit Services - - 1.28% -
 
Consumer Lending - - - 1.25%
 
Mortgage Finance - - - 0.03%
 
Insurance - 9.43% - -
 
Life Insurance - - 6.75% -
 
Life Insurance - - - 6.75%
 
Non-life Insurance - - 2.68% -
 
Reinsurance - - - 1.36%
 
Property & Casualty Insurance - - - 1.32%
 
Banks - 5.77% - -
 
Banks - - 5.77% -
 
Banks - - - 5.77%
 
Energy 11.92% - - -
 
Energy - 11.92% - -
 
Non-Renewable Energy - - 11.92% -
 
Integrated Oil & Gas - - - 11.79%
 
Oil: Crude Producers - - - 0.13%
 
Industrials 9.42% - - -
 
Industrial Goods & Services - 4.90% - -
 
Industrial Support Services - - 3.69% -
 
Professional Business Support Services - - - 2.62%
 
Business Training & Employment Agencies - - - 1.07%
 
Industrial Transportation - - 1.21% -
 
Commercial Vehicle-Equipment Leasing - - - 1.21%
 
Construction & Materials - 4.52% - -
 
Construction & Materials - - 4.52% -
 
Building Materials: Other - - - 4.52%
 
Consumer Staples 8.76% - - -
 
Food, Beverage & Tobacco - 5.83% - -
 
Tobacco - - 2.72% -
 
Tobacco - - - 2.72%
 
Food Producers - - 1.94% -
 
Food Products - - - 1.94%
 
Beverages - - 1.17% -
 
Distillers & Vintners - - - 1.17%
 
Personal Care, Drug & Grocery Stores - 2.93% - -
 
Personal Care, Drug & Grocery Stores - - 2.93% -
 
Personal Products - - - 2.46%
 
Food Retailers & Wholesalers - - - 0.47%
 
Health Care 8.41% - - -
 
Health Care - 8.41% - -
 
Pharmaceuticals & Biotechnology - - 8.23% -
 
Pharmaceuticals - - - 8.23%
 
Health Care Providers - - 0.18% -
 
Health Care Services - - - 0.18%
 
Consumer Discretionary 7.06% - - -
 
Consumer Products & Services - 3.10% - -
 
Household Goods & Home Construction - - 2.52% -
 
Home Construction - - - 1.74%
 
Household Equipment & Products - - - 0.78%
 
Leisure Goods - - 0.58% -
 
Toys - - - 0.58%
 
Retail - 3.09% - -
 
Retailers - - 3.09% -
 
Home Improvement Retailers - - - 1.87%
 
Specialty Retailers - - - 1.22%
 
Media - 0.87% - -
 
Media - - 0.87% -
 
Radio & TV Broadcasters - - - 0.87%
 
Basic Materials 6.22% - - -
 
Basic Resources - 5.63% - -
 
Industrial Metals & Mining - - 5.63% -
 
General Mining - - - 5.63%
 
Chemicals - 0.59% - -
 
Chemicals - - 0.59% -
 
Specialty Chemicals - - - 0.59%
 
Real Estate 4.89% - - -
 
Real Estate - 4.89% - -
 
Real Estate Investment Trusts - - 4.89% -
 
Residential REITs - - - 1.84%
 
Diversified REITs - - - 1.50%
 
Retail REITs - - - 0.91%
 
Industrial REITs - - - 0.47%
 
Office REITs - - - 0.17%
 
Cash and Equivalents 4.42% - - -
 
Utilities 4.35% - - -
 
Utilities - 4.35% - -
 
Gas, Water & Multi-utilities - - 2.39% -
 
Multi-Utilities - - - 2.39%
 
Electricity - - 1.96% -
 
Conventional Electricity - - - 1.96%
 
Non-Classified 1.28% - - -
 
Telecommunications 1.05% - - -
 
Telecommunications - 1.05% - -
 
Telecommunications Service Providers - - 0.97% -
 
Telecommunications Services - - - 0.97%
 
Telecommunications Equipment - - 0.07% -
 
Telecommunications Equipment - - - 0.07%
 
Technology 0.90% - - -
 
Technology - 0.90% - -
 
Software & Computer Services - - 0.90% -
 
Software - - - 0.90%

Regional Allocation

pie chart
  UK 87.94%
  Property 4.72%
  Cash and Equivalents 4.42%
  Non-Classified 2.91%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 96.83%
  Cash 3.17%
  Pound Sterling 0.01%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 87.94% -
 
United Kingdom - 87.94%
 
Property 4.72% -
 
Cash and Equivalents 4.42% -
 
Non-Classified 2.91% -

Breakdown By Market Cap (%)

Mega
 
 
35.30%
Large
 
 
11.36%
Medium
 
 
10.28%
Small
 
 
16.19%
Micro
 
 
14.41%
Non-Classified
 
 
8.05%
Cash
 
 
4.42%

Top 10 Holdings

Stock % Weight Sector Country
1 SHELL 6.41% Non-Renewable Energy United Kingdom
2 BP 5.38% Non-Renewable Energy United Kingdom
3 HSBC HOLDINGS 4.14% Banks United Kingdom
4 ASTRAZENECA 4.12% Pharmaceuticals & Biotechnology United Kingdom
5 GSK 4.11% Pharmaceuticals & Biotechnology United Kingdom
6 RIO TINTO 3.52% Industrial Metals & Mining United Kingdom
7 INTERMEDIATE CAPITAL GROUP 3.43% Investment Banking & Brokerage Services United Kingdom
8 LEGAL & GENERAL GROUP 3.07% Life Insurance United Kingdom
9 BRITISH AMERICAN TOBACCO 2.72% Tobacco United Kingdom
10 3i Group Plc 3i Group Plc Ord GBP0.738636 2.52% Investment Banking & Brokerage Services United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 0.90% - - - - - - - 0.90%
Telecommunications 1.05% - - - - - - - 1.05%
Financials 28.39% - - - - - 2.91% - 31.30%
Real Estate 0.17% - - - - 4.72% - - 4.89%
Consumer Discretionary 7.06% - - - - - - - 7.06%
Consumer Staples 8.76% - - - - - - - 8.76%
Energy 11.92% - - - - - - - 11.92%
Utilities 4.35% - - - - - - - 4.35%
Health Care 8.41% - - - - - - - 8.41%
Industrials 9.42% - - - - - - - 9.42%
Basic Materials 6.22% - - - - - - - 6.22%
Cash and Equivalents - - - - - - - 4.42% 4.42%
Non-Classified 1.28% - - - - - - - 1.28%

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 B7MMK57
Mex Code FRMOTH
Isin Code GB00B7MMK577
Citi Code 11VS

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.88%

Aims and Benchmark

Aims To combine a regular income with the potential for long term capital growth. The Fund will invest mainly in equities and fixed interest securities. The Fund provides monthly income payable direct to a UK bank or building society account.
Benchmark FTSE All Share (TR)
Benchmark Category -
IA Sector UK Equity Income

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 Monthly
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
07 December 06 January
07 January 06 February
07 February 06 March
07 March 06 April
07 April 06 May
07 May 06 June
07 June 06 July
07 July 06 August
07 August 06 September
07 September 06 October
07 October 06 November
07 November 06 December

Ratings

FE Crown Crown Rating of 1

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.