AXA Framlington Financial Accumulation Units
Also available as income units
At a glance
| Initial charge | 5.25% |
|---|---|
| Initial saving | 5.25% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.72% |
| Launch date | 31-10-1986 |
| Launch price | £0.50 |
| Sector | Specialist |
| Fund size | £61 million |
| Number of holdings | 81 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
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About the Fund Manager
Richard Peirson
Located in: London
After graduating from the University of Liverpool in 1970 with a degree in Computational and Statistical Science, Richard worked briefly as a computer consultant at Arthur Andersen before moving to the City in 1972. From 1975 he worked at Carr Sebag with private clients, moving with the business to Grieveson Grant and then Kleinwort Benson in 1986. From 1991 he was head of UK Active Management and Equity Research, being responsible for both institutional and retail portfolios. He was a member of the KBIM policy committee and an investment trust director.
Richard joined AXA Framlington in March 1994 where he is responsible for the management of a number of pension funds, charities and unit trusts.
Income details
| Running yield | 0.56% (net) |
|---|---|
| Gross running yield | 0.62% |
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 14-04-2007.
Distribution dates
| Ex-dividend date | 15 June 2008 |
|---|---|
| Payment date ³ | 15 April 2008 |
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Top 10 holdings
| HSBC Holdings PLC (UK Reg) | 5.11% |
|---|---|
| JPMorgan Chase & Co. | 3.41% |
| Banco Santander S.A. | 2.73% |
| Banco Bilbao Vizcaya Argentaria S.A. | 2.18% |
| Zurich Financial Services AG | 1.99% |
| Allianz SE | 1.98% |
| Bank of America Corp. | 1.91% |
| Intesa-Sanpaolo | 1.90% |
| Mitsubishi UFJ Lease & Finance | 1.88% |
| Mitsubishi UFJ Financial | 1.82% |
Top 10 sectors
| Banks | 42.98% |
|---|---|
| Nonlife Insurance | 18.53% |
| Financial Services | 14.23% |
| Cash and Equiv. | 11.72% |
| Life Insurance | 7.40% |
| Real Estate Investment & Services | 3.26% |
| Industrial Transportation | 1.30% |
| Non-Classified | 0.37% |
| Support Services | 0.20% |
Top 10 countries
| United States | 28.82% |
|---|---|
| United Kingdom | 18.08% |
| Cash and Equiv. | 11.72% |
| Japan | 10.09% |
| Germany | 5.36% |
| Switzerland | 5.19% |
| Spain | 4.91% |
| France | 3.51% |
| Italy | 2.96% |
| Netherlands | 2.16% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
