AXA Defensive Distribution Fund R Income Shares
Also available as accumulation units
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 5.00% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.64% |
| Launch date | 03-11-1990 |
| Launch price | £1.00 |
| Sector | Cautious Managed |
| Fund size | £77 million |
| Number of holdings | 172 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Full research
About the Fund Manager
Neil Sutherland
Located in: London
Neil joined AXA Investment Managers (AXA IM) in November 2001 and focuses on the sterling credit market. Prior to joining AXA IM, Neil spent four years with Newton Investment Group as part of the Global Fixed Income team, where he managed a range of fixed-income portfolios. Neil holds a MA from the University of Dublin and is a is a CFA® Charterholder.
Income details
| Running yield | N/a |
|---|---|
| Income paid | Quarterly |
| Type of payment | Interest |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 31 January 2009 |
|---|---|
| Payment date ³ | 31 March 2009 |
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Top 10 holdings
| 2½% Index-linked Treasury Stock 2011 | 9.24% |
|---|---|
| 2½% Index-linked Treasury Stock 2013 | 6.20% |
| 5% Treasury Principal Strip 07Sep2014 | 5.25% |
| 1¼% Index-linked Treasury Gilt 2027 | 4.52% |
| HSBC Holdings PLC (UK Reg) | 2.58% |
| BP | 2.51% |
| GlaxoSmithKline | 2.50% |
| Royal Dutch Shell B | 2.41% |
| 1¼% Index-linked Treasury Gilt 2017 | 2.05% |
| Vodafone Group | 1.82% |
Top 10 sectors
| Bonds | 63.16% |
|---|---|
| Oil & Gas Producers | 6.22% |
| Banks | 4.46% |
| Equity Investment Instruments | 3.91% |
| Pharmaceuticals & Biotechnology | 3.47% |
| Gas, Water & Multiutilities | 3.08% |
| Cash and Equiv. | 2.47% |
| Mobile Telecommunications | 2.01% |
| Mining | 1.50% |
| Tobacco | 1.49% |
Top 10 countries
| United Kingdom | 73.91% |
|---|---|
| United States | 5.79% |
| Non-Classified | 4.77% |
| Netherlands | 3.84% |
| Ireland | 3.16% |
| Cash and Equiv. | 2.47% |
| Japan | 1.36% |
| Sweden | 1.13% |
| Italy | 1.04% |
| Hong Kong | 0.84% |
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 07-01-2009. Data accurate as at 30/09/2008.
