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
| 28/02/20 to 28/02/21 |
28/02/21 to 28/02/22 |
28/02/22 to 28/02/23 |
28/02/23 to 28/02/24 |
28/02/24 to 28/02/25 |
|
|---|---|---|---|---|---|
| Fund | n/a | n/a | n/a | n/a | n/a |
| Sector | 3.4% | 13.3% | 7.2% | -1.2% | 14.8% |
| 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 28/02/25 |
5 Years to 28/02/25 |
10 Years to 28/02/25 |
||
| Fund | n/a | n/a | n/a | |
| Sector | 6.8% | 7.3% | 5.0% | |
| Rank | n/a | n/a | n/a | |
| Quartile | n/a | n/a | n/a | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| HSBC HOLDINGS | 5.27 |
| ASTRAZENECA | 5.04 |
| SHELL | 4.12 |
| UNILEVER | 3.67 |
| GSK | 3.65 |
| RIO TINTO | 3.59 |
| 3i Group Plc 3i Group Plc Ord GBP | 3.41 |
| NATIONAL GRID | 3.25 |
| LEGAL & GENERAL GROUP | 3.17 |
| BP | 2.90 |
| Total | 38.06 |
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 | - |
| Historic yield | 0.09% |
| Fund size (31/10/2024) | £219.27m |
| Number of holdings | 58 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.86% |
| Launch date | 20/02/2009 |
Asset Allocation
| UK Equities | 93.54% | |
| Property | 5.41% | |
| Investment Trusts | 0.60% | |
| Cash and Equivalents | 0.44% |
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 investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 information or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 93.54% | |
| Property | 5.41% | |
| Investment Trusts | 0.60% | |
| Cash and Equivalents | 0.44% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 28.07% | - | - | - | |
| Insurance | - | 9.72% | - | - | |
| Life Insurance | - | - | 7.41% | - | |
| Life Insurance | - | - | - | 7.41% | |
| Non-life Insurance | - | - | 2.31% | - | |
| Property & Casualty Insurance | - | - | - | 1.17% | |
| Reinsurance | - | - | - | 1.14% | |
| Financial Services | - | 9.62% | - | - | |
| Investment Banking & Brokerage Services | - | - | 9.02% | - | |
| Asset Managers & Custodians | - | - | - | 6.69% | |
| Investment Services | - | - | - | 2.33% | |
| Equity Investment Instruments | - | - | 0.60% | - | |
| Equity Investment Instruments | - | - | - | 0.60% | |
| Banks | - | 8.73% | - | - | |
| Banks | - | - | 8.73% | - | |
| Banks | - | - | - | 8.73% | |
| Consumer Discretionary | 10.99% | - | - | - | |
| Consumer Products & Services | - | 4.80% | - | - | |
| Household Goods & Home Construction | - | - | 2.42% | - | |
| Home Construction | - | - | - | 2.42% | |
| Leisure Goods | - | - | 1.64% | - | |
| Toys | - | - | - | 1.64% | |
| Consumer Services | - | - | 0.75% | - | |
| Vending & Catering Service | - | - | - | 0.75% | |
| Retail | - | 3.12% | - | - | |
| Retailers | - | - | 3.12% | - | |
| Home Improvement Retailers | - | - | - | 1.77% | |
| Specialty Retailers | - | - | - | 1.35% | |
| Media | - | 3.06% | - | - | |
| Media | - | - | 3.06% | - | |
| Publishing | - | - | - | 1.54% | |
| Radio & TV Broadcasters | - | - | - | 1.52% | |
| Consumer Staples | 10.03% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 6.49% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 6.49% | - | |
| Personal Products | - | - | - | 3.67% | |
| Food Retailers & Wholesalers | - | - | - | 2.83% | |
| Food, Beverage & Tobacco | - | 3.54% | - | - | |
| Food Producers | - | - | 2.11% | - | |
| Food Products | - | - | - | 2.11% | |
| Beverages | - | - | 1.42% | - | |
| Distillers & Vintners | - | - | - | 1.42% | |
| Industrials | 9.91% | - | - | - | |
| Industrial Goods & Services | - | 6.23% | - | - | |
| Industrial Support Services | - | - | 2.90% | - | |
| Business Training & Employment Agencies | - | - | - | 2.00% | |
| Professional Business Support Services | - | - | - | 0.90% | |
| Industrial Transportation | - | - | 1.72% | - | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 1.72% | |
| Industrial Engineering | - | - | 1.62% | - | |
| Machinery: Construction & Handling | - | - | - | 1.62% | |
| Construction & Materials | - | 3.67% | - | - | |
| Construction & Materials | - | - | 3.67% | - | |
| Building Materials: Other | - | - | - | 3.67% | |
| Utilities | 8.70% | - | - | - | |
| Utilities | - | 8.70% | - | - | |
| Gas, Water & Multi-utilities | - | - | 4.60% | - | |
| Multi-Utilities | - | - | - | 3.25% | |
| Water | - | - | - | 1.35% | |
| Electricity | - | - | 4.10% | - | |
| Conventional Electricity | - | - | - | 4.10% | |
| Health Care | 8.69% | - | - | - | |
| Health Care | - | 8.69% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 8.69% | - | |
| Pharmaceuticals | - | - | - | 8.69% | |
| Energy | 7.02% | - | - | - | |
| Energy | - | 7.02% | - | - | |
| Non-Renewable Energy | - | - | 7.02% | - | |
| Integrated Oil & Gas | - | - | - | 7.02% | |
| Real Estate | 6.45% | - | - | - | |
| Real Estate | - | 6.45% | - | - | |
| Real Estate Investment Trusts | - | - | 5.41% | - | |
| Diversified REITs | - | - | - | 2.00% | |
| Residential REITs | - | - | - | 1.45% | |
| Retail REITs | - | - | - | 1.02% | |
| Industrial REITs | - | - | - | 0.94% | |
| Real Estate Investment & Services | - | - | 1.04% | - | |
| Real Estate Holding and Development | - | - | - | 1.04% | |
| Basic Materials | 6.16% | - | - | - | |
| Basic Resources | - | 5.67% | - | - | |
| Industrial Metals & Mining | - | - | 5.67% | - | |
| General Mining | - | - | - | 5.67% | |
| Chemicals | - | 0.49% | - | - | |
| Chemicals | - | - | 0.49% | - | |
| Specialty Chemicals | - | - | - | 0.49% | |
| Technology | 1.99% | - | - | - | |
| Technology | - | 1.99% | - | - | |
| Software & Computer Services | - | - | 1.99% | - | |
| Software | - | - | - | 1.11% | |
| Consumer Digital Services | - | - | - | 0.88% | |
| Non-Classified | 0.92% | - | - | - | |
| Telecommunications | 0.66% | - | - | - | |
| Telecommunications | - | 0.66% | - | - | |
| Telecommunications Service Providers | - | - | 0.66% | - | |
| Telecommunications Services | - | - | - | 0.66% | |
| Cash and Equivalents | 0.44% | - | - | - | |
Regional Allocation
| UK | 93.54% | |
| Property | 5.41% | |
| Non-Classified | 0.60% | |
| Cash and Equivalents | 0.44% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.94% | |
| Pound Sterling | 0.06% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 93.54% | - | |
United Kingdom
|
- | 93.54% | |
| Property | 5.41% | - | |
| Non-Classified | 0.60% | - | |
| Cash and Equivalents | 0.44% | - | |
Breakdown By Market Cap (%)
| Mega |
|
41.57% |
| Large |
|
11.81% |
| Medium |
|
20.68% |
| Small |
|
14.47% |
| Micro |
|
2.36% |
| Non-Classified |
|
8.67% |
| Cash |
|
0.44% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | HSBC HOLDINGS | 5.27% | Banks | United Kingdom |
| 2 | ASTRAZENECA | 5.04% | Pharmaceuticals & Biotechnology | United Kingdom |
| 3 | SHELL | 4.12% | Non-Renewable Energy | United Kingdom |
| 4 | UNILEVER | 3.67% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 5 | GSK | 3.65% | Pharmaceuticals & Biotechnology | United Kingdom |
| 6 | RIO TINTO | 3.59% | Industrial Metals & Mining | United Kingdom |
| 7 | 3i Group Plc 3i Group Plc Ord GBP | 3.41% | Investment Banking & Brokerage Services | United Kingdom |
| 8 | NATIONAL GRID | 3.25% | Gas, Water & Multi-utilities | United Kingdom |
| 9 | LEGAL & GENERAL GROUP | 3.17% | Life Insurance | United Kingdom |
| 10 | BP | 2.90% | Non-Renewable Energy | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 1.99% | - | - | - | - | - | - | - | 1.99% |
| Telecommunications | 0.66% | - | - | - | - | - | - | - | 0.66% |
| Financials | 27.47% | - | - | - | - | - | 0.60% | - | 28.07% |
| Real Estate | 1.04% | - | - | - | - | 5.41% | - | - | 6.45% |
| Consumer Discretionary | 10.99% | - | - | - | - | - | - | - | 10.99% |
| Consumer Staples | 10.03% | - | - | - | - | - | - | - | 10.03% |
| Energy | 7.02% | - | - | - | - | - | - | - | 7.02% |
| Utilities | 8.70% | - | - | - | - | - | - | - | 8.70% |
| Health Care | 8.69% | - | - | - | - | - | - | - | 8.69% |
| Industrials | 9.91% | - | - | - | - | - | - | - | 9.91% |
| Basic Materials | 6.16% | - | - | - | - | - | - | - | 6.16% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.44% | 0.44% |
| Non-Classified | 0.92% | - | - | - | - | - | - | - | 0.92% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 information 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 | Monthly |
| Distribution Type | No income |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 07 December | 06 January |
| 07 January | 06 February |
| 07 February | 06 March |
| 07 March | 06 April |
| 07 April | 06 May |
| 07 May | 06 June |
| 07 June | 06 July |
| 07 July | 06 August |
| 07 August | 06 September |
| 07 September | 06 October |
| 07 October | 06 November |
| 07 November | 06 December |
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 | 4 days |
| Settlement Period: Sell | 4 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 information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 information or make any warranties regarding results from its usage.