AXA Investment Managers UK Ltd ACT Framlington Clean Economy

(Class R Accumulation [GBP])

 

Performance

Cumulative Performance (%)

3m 6m 1Yr 3Yr 5Yr
Fund -3.43% -3.16% -3.60% 0.87% 19.28%
Sector -4.10% -1.07% 3.25% 28.73% 57.83%
Rank 301/551 463/546 469/536 454/484 391/409
Quartile 3 4 4 4 4

Discrete Performance (%) - to last month end

04/20 to 04/21 04/21 to 04/22 04/22 to 04/23 04/23 to 04/24 04/24 to 04/25
Fund 29.38% -3.29% -3.78% 2.85% -6.87%
Sector 33.52% 0.62% 0.42% 14.34% 0.13%
Rank 280/408 302/446 404/484 467/509 469/536
Quartile 3 3 4 4 4

Fund Aims

Capital growth through investment principally in continental European equities. The Trust has the power to invest in the UK, but it is not currently proposed that it will do so. Investment is made in companies which, in the Manager's opinion, show above average profitability, management quality and growth.

Fund Managers

Thomas Atkinson manager for: 1 years 8 months

Tom Atkinson co-manages the AXA ACT People & Planet Equity, AXA ACT Framlington Clean Economy, AXA WF ACT Clean Economy, and AXA WF ACT Biodiversity strategies, together with Anna Väänänen, Ashley Keet, and Anne Tolmunen, and specialises in utilities, renewables, and industrials. Tom joined AXA IM in 2022 from Newton Investment Management where he was a global research analyst generating investment ideas for a variety of different equity strategies since joining as a graduate trainee in 2014. Tom chaired Newton’s “Earth Matters” theme group, leading strategic thinking on environmental topics. Tom holds a BA (Hons) in Geography from Durham University and an MSc in Environment and Development from the London School of Economics and Political Science. Tom is also a CFA Charterholder. Tom sits on the Finance for Biodiversity Foundation’s Positive Impact working group, looking for solutions to measuring companies’ positive contribution to biodiversity.

Ashley Keet manager for: 1 years 8 months

Ashley Keet co-manages the AXA ACT People & Planet Equity, AXA ACT Framlington Clean Economy, AXA WF ACT Clean Economy, and AXA WF ACT Biodiversity strategies, together with Anna Väänänen,Tom Atkinson and Anne Tolmunen, and specialises on semiconductors and software. Ashley joined AXA IM in 2016 as an Investment Analyst in the Equities Investment Analytics Team with a specific focus on global sector, thematic and funds. Ashley was a key contributor to the development of the thematic fund range and was promoted to portfolio manager within the impact team in September 2021. Prior to joining AXA IM, he was an Investment Risk Analyst at T. Rowe Price and started his career as a fund manager’s assistant at Clarkson Fund Management in 2008. Ashley graduated with a bachelor’s degree in economics from the University of Surrey

Anna Vaananen manager for: 1 years 8 months

Anna Vaananen is the Head of Listed Impact Equity at AXA IM and co-manages the AXA ACT People & Planet Equity, AXA WF ACT Clean Economy, AXA ACT Framlington Clean Economy, AXA WF ACT Biodiversity and AXA ACT WF Social Progress strategies together with Tom Atkinson, Ashley Keet and Anne Tolmunen. She specialises on agriculture, food, and automation. Anna joined AXA IM in 2023 from Mirova, an affiliate of Natixis Investment Managers, heading the Mirova’s Global Environmental team and managing various global sustainable and impact strategies including Global Environmental and Future of Food. Preceding that she was a senior portfolio manager at Credit Suisse Asset Management in Zurich managing different thematic equity strategies in both developed and emerging markets. Prior to this she was a fund manager at FIM Asset Management and at Tapiola Asset Management. She started her career in 1995 investment banking working as a sell side analyst at Salomon Brothers and Carnegie Investment Bank. Anna holds a Master of Social Science from the University of Helsinki, majoring in Economics.


Fund Overview

Price

Bid 1043.00p

Offer 1043.00p (21/05/2025)

Historic yield
0.00%
£40.6m
Number of holdings
38
Initial charge
5.25%
Annual Management Charge
1.50%
Ongoing Charges
1.61%

Top 10 Holdings
Stock Name % Weight
WASTE MANAGEMENT 4.0%
LINDE PUBLIC LIMITED COMPANY 3.6%
SAP SE 3.5%
XYLEM 3.5%
MUNCHENER RUCKVERSICHERUNGS AG 3.4%
SCHNEIDER ELECTRIC SE 3.3%
NVIDIA CORPORATION 3.3%
CADENCE DESIGN SYSTEMS 3.3%
REPUBLIC SERVICES 3.2%
NATIONAL GRID 3.2%
Total 34.3%

Equity Sector Allocation

FTSE/ICB Supersector % Weight
Technology 24.4%
Industrial Goods & Services 23.7%
Utilities 17.5%
Construction & Materials 9.9%
Chemicals 6.6%
Insurance 3.4%
Food, Beverage & Tobacco 3.0%
Health Care 2.7%
Non-Classified 2.6%
Financial Services 2.6%
Other 1.2%
Cash and Equivalents 1.2%


Data accurate at: 31/03/2025

Performance figures show total return with no initial charge and net income reinvested, except for Offshore funds which show gross income reinvested. Cumulative performance figures are calculated from the previous working day. Discrete performance figures are calculated from the previous month end.