AXA US Short Duration High Yield Fund

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AXA US Short Duration High Yield Fund Z Gross Acc

Category Other Bond


This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

154.10p

arrow-up0.10p (+0.06%)

Fund Code

FMUSA

B59VLT4

GB00B59VLT43

Prices updated as at 28 Mar 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.

Fund statusOpen
Fund typeOpen Ended Investment Company
Fund managerVernard Bond, Peter Vecchio
154.2
142.8
Fund comparative indexSONIA Compounded PR GBP
Specialist Bond
-
0.76
0.16
0.00
Other Bond
No
Fund providerAXA Investment Managers UK Ltd
Share class launch date30 Apr 2010
£844.19m
4.66
-
4.78
Semi-Annually
Please note that some funds may have small additional incidental charges that are not shown here. Where these charges do exist they are included within the variable ongoing costs in the Pre-sale Illustration.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.