AXA Fixed Interest Investment ICVC - AXA Sterling Credit Short Duration Bond Fund ZGrossAccumulation

A Select 50 Fund - Fidelity insight

Category GBP Corporate Bond - Short Term

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

136.90p

arrow-up0.10p (+0.07%)

Fund Code

AXTZA

B5L2N22

GB00B5L2N222

Prices updated as at 23 Dec 2024

Prices in GBX

Investment objective

The aim of this Fund is to provide an income return combined with any capital growth over the short term (being a period of three years or less). The Fund invests at least 70% of its Net Asset Value in sterling-denominated or hedged back to sterling investment grade bonds (meaning bonds with a Standard & Poor's rating of at least BBB- or such equivalent rating by Moody's or Fitch), which are issued by companies with a bias towards shorter maturities with the aim of reducing the effect of fluctuations in interest rates. 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 , SDR Consumer facing disclosure, 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.

Fund status	Open
Fund type	Open Ended Investment Company
Fund manager	Nicolas Trindade, Phil Roantree
	137.1
	130.4
Fund comparative index	SONIA Compounded PR GBP
	£ Corporate Bond
	-
	0.41
	0.04
	0.00
	GBP Corporate Bond - Short Term
	No
Fund provider	AXA Investment Managers UK Ltd
Share class launch date	12 Nov 2010
	£813.63m
	5.00
	-
	4.39
	Quarterly

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.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.

AXA Sterling Credit Short Duration Bond Fund