AXA Investment Managers UK Ltd AXA Framlington UK Equity Income Class Zm Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
|
|---|---|---|---|---|---|
| Fund | n/a | n/a | n/a | n/a | n/a |
| Sector | 32.6% | 10.8% | 0.2% | 7.6% | 7.4% |
| Rank | n/a | n/a | n/a | n/a | n/a |
| Quartile | n/a | n/a | n/a | n/a | n/a |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/25 |
5 Years to 31/03/25 |
10 Years to 31/03/25 |
||
| Fund | n/a | n/a | n/a | |
| Sector | 5.0% | 11.2% | 4.8% | |
| Rank | n/a | n/a | n/a | |
| Quartile | n/a | n/a | n/a | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| HSBC HOLDINGS | 6.35 |
| SHELL | 4.33 |
| GSK | 3.73 |
| UNILEVER | 3.64 |
| RIO TINTO | 3.54 |
| ASTRAZENECA | 3.46 |
| LEGAL & GENERAL GROUP | 3.36 |
| NATIONAL GRID | 3.30 |
| BP | 3.30 |
| 3i Group Plc 3i Group Plc Ord GBP | 3.25 |
| Total | 38.25 |
Fund Aims
The fund aims to produce a higher than average yield, long term growth of income & capital. Investment is made generally in Blue Chip UK equities which, in the Manager's opinion, show above average, management quality and growth.
Fund Manager
Dan Harlow joined Framlington in February 2010, appointed as a Portfolio Manager within the UK Equities team. He has been acting as secondary manager of the AXA American Growth Fund since November 2011.
Dan’s previous experience includes nine years at Montanaro Asset Management where he managed UK Small Cap portfolios, obtaining a 24% cumulative outperformance of FTSE Small Cap ex IT benchmark from March 2006 to January 2010. He was also Head of Fund Management and a Board Director.
Jamie joined AXA Framlington in 2003 as an investment manager responsible for charity, pension and private client portfolios. He began his career in 1996 as a graduate trainee with Wise Speke, a regional private client stockbroking firm. The company subsequently became part of Brewin Dolphin, where he worked as a private client portfolio manager. Jamie graduated from Exeter University in 1996 with a BA (Hons) degree in Economic History and Politics. He is a Fellow of the Securities Institute (FSI).
Fund Overview
| Mid (17/04/2025) | £1.25 |
| Historic yield | 1.17% |
| Fund size (31/01/2025) | £216.51m |
| Number of holdings | 57 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.86% |
| Launch date | 20/02/2009 |
Asset Allocation
| UK Equities | 93.57% | |
| Property | 5.36% | |
| Investment Trusts | 0.56% | |
| Cash and Equivalents | 0.51% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 93.57% | |
| Property | 5.36% | |
| Investment Trusts | 0.56% | |
| Cash and Equivalents | 0.51% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 31.45% | - | - | - | |
| Insurance | - | 10.98% | - | - | |
| Life Insurance | - | - | 8.80% | - | |
| Life Insurance | - | - | - | 8.80% | |
| Non-life Insurance | - | - | 2.18% | - | |
| Property & Casualty Insurance | - | - | - | 1.15% | |
| Reinsurance | - | - | - | 1.03% | |
| Banks | - | 10.46% | - | - | |
| Banks | - | - | 10.46% | - | |
| Banks | - | - | - | 10.46% | |
| Financial Services | - | 10.01% | - | - | |
| Investment Banking & Brokerage Services | - | - | 9.46% | - | |
| Asset Managers & Custodians | - | - | - | 7.00% | |
| Investment Services | - | - | - | 2.46% | |
| Equity Investment Instruments | - | - | 0.56% | - | |
| Equity Investment Instruments | - | - | - | 0.56% | |
| Consumer Discretionary | 11.21% | - | - | - | |
| Consumer Products & Services | - | 5.27% | - | - | |
| Household Goods & Home Construction | - | - | 2.41% | - | |
| Home Construction | - | - | - | 2.41% | |
| Leisure Goods | - | - | 2.02% | - | |
| Toys | - | - | - | 2.02% | |
| Consumer Services | - | - | 0.84% | - | |
| Vending & Catering Service | - | - | - | 0.84% | |
| Media | - | 3.31% | - | - | |
| Media | - | - | 3.31% | - | |
| Publishing | - | - | - | 1.77% | |
| Radio & TV Broadcasters | - | - | - | 1.54% | |
| Retail | - | 2.64% | - | - | |
| Retailers | - | - | 2.64% | - | |
| Home Improvement Retailers | - | - | - | 1.60% | |
| Specialty Retailers | - | - | - | 1.04% | |
| Industrials | 10.57% | - | - | - | |
| Industrial Goods & Services | - | 7.24% | - | - | |
| Industrial Support Services | - | - | 3.74% | - | |
| Professional Business Support Services | - | - | - | 1.96% | |
| Business Training & Employment Agencies | - | - | - | 1.78% | |
| Industrial Engineering | - | - | 1.90% | - | |
| Machinery: Construction & Handling | - | - | - | 1.90% | |
| Industrial Transportation | - | - | 1.59% | - | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 1.59% | |
| Construction & Materials | - | 3.33% | - | - | |
| Construction & Materials | - | - | 3.33% | - | |
| Building Materials: Other | - | - | - | 3.33% | |
| Utilities | 8.62% | - | - | - | |
| Utilities | - | 8.62% | - | - | |
| Gas, Water & Multi-utilities | - | - | 4.65% | - | |
| Multi-Utilities | - | - | - | 3.30% | |
| Water | - | - | - | 1.35% | |
| Electricity | - | - | 3.97% | - | |
| Conventional Electricity | - | - | - | 3.97% | |
| Consumer Staples | 7.97% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 5.79% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 5.79% | - | |
| Personal Products | - | - | - | 3.64% | |
| Food Retailers & Wholesalers | - | - | - | 2.15% | |
| Food, Beverage & Tobacco | - | 2.18% | - | - | |
| Food Producers | - | - | 2.18% | - | |
| Food Products | - | - | - | 2.18% | |
| Energy | 7.63% | - | - | - | |
| Energy | - | 7.63% | - | - | |
| Non-Renewable Energy | - | - | 7.63% | - | |
| Integrated Oil & Gas | - | - | - | 7.63% | |
| Real Estate | 7.20% | - | - | - | |
| Real Estate | - | 7.20% | - | - | |
| Real Estate Investment Trusts | - | - | 6.21% | - | |
| Diversified REITs | - | - | - | 1.92% | |
| Residential REITs | - | - | - | 1.54% | |
| Retail REITs | - | - | - | 1.02% | |
| Industrial REITs | - | - | - | 0.89% | |
| Storage REITs | - | - | - | 0.85% | |
| Real Estate Investment & Services | - | - | 0.98% | - | |
| Real Estate Holding and Development | - | - | - | 0.98% | |
| Health Care | 7.19% | - | - | - | |
| Health Care | - | 7.19% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 7.19% | - | |
| Pharmaceuticals | - | - | - | 7.19% | |
| Basic Materials | 5.49% | - | - | - | |
| Basic Resources | - | 5.49% | - | - | |
| Industrial Metals & Mining | - | - | 5.49% | - | |
| General Mining | - | - | - | 5.49% | |
| Technology | 1.23% | - | - | - | |
| Technology | - | 1.23% | - | - | |
| Software & Computer Services | - | - | 1.23% | - | |
| Software | - | - | - | 1.23% | |
| Non-Classified | 0.94% | - | - | - | |
| Cash and Equivalents | 0.51% | - | - | - | |
Regional Allocation
| UK | 93.57% | |
| Property | 5.36% | |
| Non-Classified | 0.56% | |
| Cash and Equivalents | 0.51% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.94% | |
| Pound Sterling | 0.06% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 93.57% | - | |
United Kingdom
|
- | 93.57% | |
| Property | 5.36% | - | |
| Non-Classified | 0.56% | - | |
| Cash and Equivalents | 0.51% | - | |
Breakdown By Market Cap (%)
| Mega |
|
41.71% |
| Large |
|
11.70% |
| Medium |
|
21.98% |
| Small |
|
13.66% |
| Micro |
|
2.22% |
| Non-Classified |
|
8.23% |
| Cash |
|
0.51% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | HSBC HOLDINGS | 6.35% | Banks | United Kingdom |
| 2 | SHELL | 4.33% | Non-Renewable Energy | United Kingdom |
| 3 | GSK | 3.73% | Pharmaceuticals & Biotechnology | United Kingdom |
| 4 | UNILEVER | 3.64% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 5 | RIO TINTO | 3.54% | Industrial Metals & Mining | United Kingdom |
| 6 | ASTRAZENECA | 3.46% | Pharmaceuticals & Biotechnology | United Kingdom |
| 7 | LEGAL & GENERAL GROUP | 3.36% | Life Insurance | United Kingdom |
| 8 | NATIONAL GRID | 3.30% | Gas, Water & Multi-utilities | United Kingdom |
| 9 | BP | 3.30% | Non-Renewable Energy | United Kingdom |
| 10 | 3i Group Plc 3i Group Plc Ord GBP | 3.25% | Investment Banking & Brokerage Services | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 1.23% | - | - | - | - | - | - | - | 1.23% |
| Financials | 30.89% | - | - | - | - | - | 0.56% | - | 31.45% |
| Real Estate | 1.84% | - | - | - | - | 5.36% | - | - | 7.20% |
| Consumer Discretionary | 11.21% | - | - | - | - | - | - | - | 11.21% |
| Consumer Staples | 7.97% | - | - | - | - | - | - | - | 7.97% |
| Energy | 7.63% | - | - | - | - | - | - | - | 7.63% |
| Utilities | 8.62% | - | - | - | - | - | - | - | 8.62% |
| Health Care | 7.19% | - | - | - | - | - | - | - | 7.19% |
| Industrials | 10.57% | - | - | - | - | - | - | - | 10.57% |
| Basic Materials | 5.49% | - | - | - | - | - | - | - | 5.49% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.51% | 0.51% |
| Non-Classified | 0.94% | - | - | - | - | - | - | - | 0.94% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | BRXFYN1 |
| Mex Code | - |
| Isin Code | GB00BRXFYN10 |
| Citi Code | BDJ9C |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.86% |
Aims and Benchmark
| Aims | The fund aims to produce a higher than average yield, long term growth of income & capital. Investment is made generally in Blue Chip UK equities which, in the Manager's opinion, show above average, management quality and growth. |
| Benchmark | FTSE 350 Total Return Index Gross |
| Benchmark Category | - |
| IA Sector | UK Equity Income |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | Unit Trust |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Quarterly |
| Distribution Type | No income |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 January | 28 February |
| 01 April | 30 May |
| 01 July | 29 August |
| 01 October | 28 November |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | The National Westminster Bank plc |
| Fund Administrator | Internal |
| Fund Registrar | DST Financial Services Europe |
| Fund Custodian | HSBC Bank plc |
Group Details
| Group name | AXA Investment Managers UK Limited |
| Group address | Broker Services Team AXA Investment Managers 7 Newgate Street London EC1A 7NX |
| Group telephone | 020 7003 1234 |
| Dealing telephone | 0207 0031234 |
| broker.services@axa-im.com | |
| Homepage | www.axa-im.com |
| Fax number | 020 7003 2313 |
Dealing
| Minimum Investment | - |
| Minimum Top Up | - |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 2 days |
| Settlement Period: Sell | 2 days |
| Pricing Basis | Forward |
| Dealing Decimals | 3 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | - |
| Beta | - |
| Sharpe | - |
| Standard Deviation | - |
| Info Ratio | - |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| Emerging Markets | No |
| Concentrated Portfolio | Yes |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | No |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | Yes |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Charges to Capital
Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
Concentrated Portfolio
The fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Income Eroding Capital Growth
The fund focuses on providing an income, which can reduce the prospects for capital growth, and in some cases the capital value may fall.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund Performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client's investment may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.