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AXA FRAMLINGTON EUROPEAN - Fund overview

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Overview of AXA FRAMLINGTON EUROPEAN

Framlington are predominantly bottom up long term growth investors. The European fund very much reflects this philosophy and hence has benefited from investing in those companies which may be dominant in Europe but are additionally leaders in the global environment.

Standard Initial Charge

5.25% 0.00%

Invest via Bestinvest

to save 5.25%

Fund summary

Sector  Europe Excluding UK
Product type  UNIT TRUST
Launched  February, 1986
Size  £59m
Yield 1.3%
Charging basis  –
Dividends paid  15/7.
Bid price(inc) 380.50p -4.00p
Bid price(acc) 441.50p -4.70p

Fund Charges

Standard Initial charge 5.25%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.55%
Annual management charge 1.50%
Total expense ratio 1.61%
Reduction in yield (10yr) 1.66%

Bestinvest says


No information available.

Portfolio

axa framlington european asset allocation illustration
Allocation Proportion
Equity 99%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 1%
axa framlington european equity geographic illustration
Allocation Proportion
UK 0%
Europe 100%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 0%
axa framlington european equity capitalisation illustration
Allocation Proportion
Large Caps 84%
Mid Caps 13%
Small Caps 3%

Investment process


The fund aims to achieve capital growth through investment principally in continental European equities. The fund focuses on those larger companies which are likely to benefit from global trends and thus pays more attention to sectors and companies as opposed individual countries.
Growth stocks tend to be favoured for the long term selecting from a universe of around 400 house stocks which are assembled from a filter which looks at price to cash flow, return on capital and PEG factor.
Investments are then made in those companies in which the manager believes can sustain above average profitability, balance sheet strength and good management.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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