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SIP AXA FRAMLINGTON MANAGED INCOME S7 PF - Fund overview

No Bestinvest rating


Overview of SIP AXA FRAMLINGTON MANAGED INCOME S7 PF

This fund aims to provide growth of income and capital by concentrating on convertibles. The yield offered is higher than for a plain equity fund but some capital appreciation potential is sacrificed.

Standard Initial Charge

No data available.

Fund summary

Sector  –
Product type  PENSION FUND
Launched  April, 1998
Size  –
Yield 0.0%
Charging basis  –
Dividends paid  –
Bid price 157.20p

Fund Charges

Standard Initial charge
Initial charge via Bestinvest
Additional bid/offer spread 0.00%
Annual management charge 1.65%
Total expense ratio 1.65%
Reduction in yield (10yr) 1.65%

Bestinvest says


No information available.

Portfolio

sip axa framlington managed income s7 pf asset allocation illustration
Allocation Proportion
Equity 23%
High yield bonds 26%
Quality bonds 43%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 8%
sip axa framlington managed income s7 pf equity geographic illustration
Allocation Proportion
UK 92%
Europe 4%
Nth America 4%
Japan 0%
Pacific 0%
Other Equity 0%
sip axa framlington managed income s7 pf equity capitalisation illustration
Allocation Proportion
Large Caps 56%
Mid Caps 38%
Small Caps 6%

Investment process


The investment objective is to provide a higher than average yield, combined with the prospect of rising income and some capital growth over the long term.
This is achieved through investing in a portfolio comprising largely of UK convertibles. Other instruments held are equities and loan stock.
As a high proportion of the portfolio is invested in convertibles a lot of the process involves rigorous analysis of the underlying companies. This involves monitoring a company's cash flows and meeting the 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.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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