AXA Fixed Interest Investment ICVC - AXA US Short Duration High Yield Fund ZI Gross Accumulation
Category Other Bond
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
159.90p
0.40p (+0.25%)
Fund Code
FMZIA
B5WM6Y4
GB00B5WM6Y48
Prices updated as at 29 Apr 2024
Prices in GBX
Investment objective
The aim of this Fund is to generate income by investing in high yield debt securities (being sub-investment grade corporate bonds) while seeking to avoid the risk of defaults. The Fund aims to deliver a return by investing at least 60 per cent of its Net Asset Value in high yield bonds (being sub-investment grade corporate bonds, meaning bonds with a rating of BB+ and below by Standard & Poor or equivalent rating by Moody’s or Fitch) with a bias towards shorter maturities (where the full repayment of the bond by the company is expected to be less than three years), issued primarily by companies with their predominant place of business in the US. The Fund may also invest in such bonds denominated in US Dollars and issued by non-US companies. The ACD seeks to reduce the effect of credit risk through diversification and its analysis and selection of bonds.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.
- Key stats
- Growth
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
Growth of 1,000 as of 30 Apr 2024, 06:04
Trailing returns (%) as of 30 Apr 2024, 06:04
Annual performance (%)
| Year | This fund | Other Bond |
|---|---|---|
| 31 Mar 13 - 31 Mar 14 | 3.80 | - |
| 31 Mar 14 - 31 Mar 15 | 1.32 | - |
| 31 Mar 15 - 31 Mar 16 | -0.60 | - |
| 31 Mar 16 - 31 Mar 17 | 4.50 | - |
| 31 Mar 17 - 31 Mar 18 | 1.03 | - |
| 31 Mar 18 - 31 Mar 19 | 3.42 | - |
| 31 Mar 19 - 31 Mar 20 | -4.50 | - |
| 31 Mar 20 - 31 Mar 21 | 11.33 | - |
| 31 Mar 21 - 31 Mar 22 | 0.93 | - |
| 31 Mar 22 - 31 Mar 23 | -2.49 | - |
| 31 Mar 23 - 31 Mar 24 | 7.72 | - |
Trailing returns (%)
| Year | This fund | Other Bond |
|---|---|---|
| 1 Day | 0.25 | - |
| 1 Month | -0.31 | - |
| 3 Months | 0.50 | - |
| 6 Months | 5.68 | - |
| 1 Year | 6.03 | - |
| 3 Years annualised | 1.70 | - |
| 5 Years annualised | 2.26 | - |
Please note that past performance is not a reliable indicator of future returns. Please use the interactive graph for benchmark comparison.
