Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

AXA WF Global High Yield Bonds A C EUR H

Ranked 27 out of 68 in - Global High Yield over 12 months
All calculations are in EUR unless stated

Managed by

James Gledhill

Widely regarded as one of Britain’s foremost credit specialists, James Gledhill rejects the traditional labels of ‘top-down’ and ‘bottom-up’ when describing his investment process as he feels that neither accurately describe a process that looks both at the wide economic situation and the quality of individual investments. Gledhill starts his investment process with a macro economic assessment of the world’s major economies. This enables him to choose his positions in government bonds and set the backdrop for further analysis needed to pick corporate bonds. The macro-economic picture enables him to hunt out the best investment opportunities. Gledhill then assesses, company by company, which are the best investment choices. He considers this part of the process to be particularly important for high-yield issues ‘where you have to get the precise company and the precise bond right’. A material sciences graduate of Trinity College, Oxford, Gledhill spent eight years at M&G where he pioneered the concept of high-yield corporate bond unit trusts. After brief spells at PPM Ventures and Morley he joined New Star Asset Management in August 2002. He then joined AXA Investment Managers as global head of high yield in 2011.

Objective

The objective of this Sub-Fund is to achieve a high income by investing in fixed and floating rate securities, with capital growth being a secondary consideration. The Investment Manager of the fund will seek to achieve the objective of the Sub-Fund by investing the assets of the Sub-Fund in a broadly diversified portfolio of international fixed income transferable debt securities issued mainly by American and European corporations. These securities will primarily be sub-investment grade.There is no formal restriction on the proportion of the Sub-Funds assets that can be invested in and/or exposed to any one geographical market segment.

Showing fund performance in Netherlands View performance globally

Performance

Global High Yield over : 30/09/2017 - 30/09/2018
  • Rank 27/68 Total Return
  • Rank 7/68 Standard Deviation
  • Rank 14/68 Max Drawdown
Fund Name Currency Return
25 PIMCO GIS Global High Yield Bond Inst EUR Hdg Inc

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.4%

26 Barings Global High Yield Bond E EUR Acc EUR

-0.4%

27 AXA WF Global High Yield Bonds A C EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.5%

28 Stone Harbor High Yield Bond I Euro Acc EUR

-0.5%

29 Candriam Bonds Global High Yield I Cap EUR

-0.6%

29 Principal GI High Yield EUR Hedged I Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.6%

Fund Name Currency Risk
5 AB SICAV I-Short Duration High Yield Pf A2 EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

1.4

6 BNY Mellon Gl Sh Dated Hg Yld Bd EUR I Hdg Inc

Currency exposure is hedged

Currency exposure is hedged

EUR

1.5

7 AXA WF Global High Yield Bonds A C EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

1.5

8 SWC (LU) BF Short Term Global High Yield ATH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

1.6

9 OYSTER Global High Yield C EUR HP

Currency exposure is hedged

Currency exposure is hedged

EUR

1.7

Fund Name Currency Loss
12 Nomura Funds Ireland-Global High Yield Bond A EURH

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.8%

13 Principal GI Post Global Ltd Term HY EUR Hdg I Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.8%

14 AXA WF Global High Yield Bonds A C EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.0%

14 JPM Global High Yield Bond A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.0%

16 OYSTER Global High Yield C EUR HP

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.0%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -1.1% -0.6% 1.3%
2017 4.3% 2.0% 1.3% 1.0% -0.1%
2016 12.0% 1.6% 3.5% 4.6% 1.9%
2015 -4.8% 2.5% 0.0% -5.2% -2.0%
2014 1.6% 2.5% 1.9% -1.8% -1.0%
2013 8.4% 2.9% -0.7% 3.0% 3.0%
2012 15.5% 6.0% 0.9% 4.4% 3.4%
2011 3.0% 4.0% 0.7% -6.3% 4.9%
2010 15.1% 5.4% 0.3% 5.8% 2.9%
2009 45.4% 5.4% 14.1% 14.1% 6.1%
2008 -25.8% -3.1% 2.3% -4.8% -21.4%
2007 -0.8% 2.3% -0.1% -1.9% -1.1%
2006 4.9% 1.7% -0.7% 1.1% 2.7%
2005 1.4% -0.8% 1.5% 0.8% -0.1%
2004 9.9% 1.9% -0.5% 4.1% 4.1%
2003 15.1% 3.2% 4.5% 2.5% 4.2%
2002 -11.6% -4.7% -7.8% -4.6% 5.5%
2001 -10.8% -15.7% 13.5%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. Denmark
  5. France
  6. Germany
  7. Italy
  8. Korea
  9. Luxembourg
  10. Netherlands
  11. Norway
  12. Portugal
  13. Spain
  14. Sweden
  15. Switzerland
  16. United Kingdom

Fund Info

  • Launch date12/03/2001
  • Share Class size212Mn
  • Base currencyEUR
  • ISIN LU0125750504
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

Related News

AXA IM’s European HY chief quits

Change at the top as fund manager departs and hands over five portfolios to the firm's global head of high yield.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).