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AXA FRAMLINGTON GLOBAL TECHNOLOGY - Fund overview

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Find rated technology and telecoms funds


Overview of AXA FRAMLINGTON GLOBAL TECHNOLOGY

The fund’s objective is long-term growth, principally through investment in companies engaged in the research, design and development of technologies in all sectors. The fund has a wider remit than traditional technology funds and also includes sub-sectors such as internet advertising and online recruitment. The manager favours companies entering a period of accelerating growth and therefore has a bias towards small and mid cap stocks. The fund invests worldwide but typically has a strong bias to the US.

Standard Initial Charge

5.25% 0.00%

Invest via Bestinvest

to save 5.25%

Fund summary

Sector  Technology and Telecoms
Product type  UNIT TRUST
Launched  May, 1999
Size  £215m
Yield 0.0%
Charging basis  Income
Dividends paid  15/3.
Bid price 38.51p 0.11p

Fund Charges

Standard Initial charge 5.25%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.54%
Annual management charge 1.50%
Total expense ratio 1.61%
Reduction in yield (10yr) 1.66%

Bestinvest says


No information available.

Portfolio

axa framlington global technology asset allocation illustration
Allocation Proportion
Equity 95%
High yield bonds
Quality bonds
Property
Commodities
Hedge
Fund cash 5%
axa framlington global technology equity geographic illustration
Allocation Proportion
UK 3%
Europe 6%
Nth America 85%
Japan 1%
Pacific 3%
Other Equity 2%
axa framlington global technology equity capitalisation illustration
Allocation Proportion
Large Caps 44%
Mid Caps 30%
Small Caps 26%

Investment process


The fund aims to achieve long term growth principally through investments in companies engaged in the research, design and development of technologies giving investors a broad exposure to the sector. Stock selection is focused on identifying strong management teams within companies producing market leading products along with sustainable or improving profits. Although stock selection is at the heart of the investment process, the Fund manager recognises the importance of a thematic overlay. The fund invests in a number of themes, particularly around the next generation of computing and technological wizardry.

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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