AXA Framlington Global Thematics R

Worldwide equity fund with a thematic approach.

  • 1834.00p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 2079.00p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 5.25% 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 1.50%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 1.61%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.00%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 18 September 2020, fund data last updated 15 August 2003

The fund's objective is capital growth through worldwide investment in equities. Investment is in companies which, in the Manager's opinion, show above average profitability, management quality and growth.

Fund summary

Sector Global
Structure UNIT TRUST
Launched October, 1976
Size £127m
Yield 0.00%
Charging basis Income
Dividends paid 15 Jun, 15 Dec

Charges

Standard initial charge 5.25%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.61%

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Investment process

Manager research

Average monthly relative returns

  • 15/16 0.31%
  • 16/17 0.00%
  • 17/18 -0.28%
  • 18/19 -0.23%
  • 19/20 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.02%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 97.10%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Mark Hargraves

Born in 1973, Hargraves graduated from Bristol University in 1993 with a (BSc) Hons in Geography and then from London Business School in 2000 with a Masters in Finance. He is also an associate of the IIMR. His previous experience includes 2 years with Abbey National and then 1 year with Hambros Fund management as an assistant portfolio manager for European Equities. Between 1997 - 2000 he was a European fund manager with United Friendly Asset Management. He joined Framlington in June 2000.

Track record

Mark Hargraves has 18.1 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.02%. During the worst period of relative performance (from April 2006 - April 2009) there was a decline of 14% relative to the index. The worst absolute loss has been 50%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 97%.

Periods of worst performance

Absolute -50.00% (January 2001 - March 2003)
Relative -14.00% (April 2006 - April 2009)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

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Top 10 holdings

Data accurate as at 31 July 2020

3.65% Alphabet Inc
3.6% Alibaba Group Hldg Ltd
3.4% Dexcom Inc
3.15% Paypal Hldgs Inc
3.04% Servicenow Inc
2.86% Taiwan Semiconductor Co
2.67% Qualcomm Inc
2.6% Amazon.com Inc
2.5% Fidelity National Information Services Inc
2.4% Fiserv Inc
Source: Trustnet

Sector breakdown

Information Technology 43.00%
Health Care 27.00%
Consumer Discretionary 7.00%
Communications 7.00%
Financials 5.00%
Industrials 4.00%
Consumer Staples 2.00%
Utilities 2.00%
Real Estate 2.00%
Money Market 1.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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