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AXA ACT GREEN SHORT DURATION BOND Z

Bestinvest LogoTargets income and capital growth by investing in bonds financing projects delivering an environmental benefit.

PRICE (INC)

95.33p

PRICE (ACC)

97.47p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.4%

ONGOING CHARGE

0.46%

YIELD

2.7%

1 YEAR
4.90%
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Prices as at 29 Nov 2023.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

The aim of this Fund is: (i) to provide income and capital growth over the medium term (being three years); and (ii) to invest in bonds which finance projects which will generate an environmental benefit, known as “green bonds”. The Fund seeks to achieve its objective by investing at least 75% of its Net Asset Value in “green bonds” issued by governments and companies anywhere in the world, with a bias towards corporate bonds. Investments will be made largely in more developed markets but may also be made in emerging markets. The Fund invests at least 75% of its Net Asset Value in investment grade bonds, with a maximum of 10% in sub-investment grade bonds. At least 70% of the Fund’s Net Asset Value will be invested in bonds of shorter (i) maturities and (ii) duration, the price sensitivity of a bond (or a portfolio of bonds) to a change in interest rates, with the aim of reducing the effect of fluctuations in interest rates.

Fund summary

SectorSpecialist Bond
StructureOEIC
LaunchedJanuary 2022
Size£30m
Yield2.7%
Dividends paidMay, August, November

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.4%
Ongoing Charges Figure0.46%

Investment Process

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning