AXA IM Euro Liquidity

ISIN FR0000978371

Last NAV 44,741.7331 EUR as of 07/11/19

Overview

Investment objectives

The Fund falls into the following category: “Standard variable net asset value (VNAV) money market fund”. After deducting real management charges, the Fund aims to outperform the capitalised EONIA index plus two basis points over a minimum recommended investment period of two months.You should be aware that if interest rates on the money market are very low, the Fund's returns may not be sufficient to cover the management charges, and its net asset value may decrease structurally.

Risk

Synthetic Risk & Reward Information scale

SRRI Value 1 2 3 4 5 6 7

Historical data, such as that used to calculate the synthetic indicator, is not a reliable indicator of the future risk profile of the Fund. The risk category associated with this Fund is not guaranteed and may shift over time. The lowest risk category does not mean "risk-free".

Why is this Fund in this category?

The Fund does not offer a capital guarantee. It is invested in markets and/or uses techniques or instruments which, while they fluctuate little under normal market conditions, can nevertheless generate losses.

Additional risks

Credit risk: risk that issuers of debt securities held by the Fund may default on their obligations or have their credit rating downgraded, resulting in a decrease in the net asset value. Counterparty risk: risk that a counterparty of the Fund may default or become insolvent, leading to payment or delivery default.

Investment horizon

The Fund may not be suitable for investors planning to withdraw their contribution within two months.

Main documents

KIID NL 16/07/2019

Performance

Performance chart

Period

1M
3M
6M
1Y
3Y
5Y
8Y
10Y
YTD
Since launch

Start date

End date

Benchmark

Performance indicator Start date End date
- - -

Performance table

End date

Performance table Net performance Performance indicator  Start date End date
1M - - - -
QTD - - - -
3M - - - -
6M - - - -
YTD - - - -
1Y - - - -
2Y - - - -
3Y - - - -
4Y - - - -
5Y - - - -
8Y - - - -
10Y - - - -
Since launch - - - -

Risk table

End date

Risk table Fund volatility Benchmark volatility Tracking error Information ratio Sharpe ratio Beta Alpha
1M - - - - - - -
QTD - - - - - - -
3M - - - - - - -
6M - - - - - - -
YTD - - - - - - -
1Y - - - - - - -
3Y - - - - - - -
5Y - - - - - - -
8Y - - - - - - -
10Y - - - - - - -
Since launch - - - - - - -

Price table

Start date

End date

Price Date Portfolio AUM
- - -

NAV

First NAV date 03/10/01

Administration

Distribution country

Distribution countries
Austria
France
Germany
Spain

Fees

Ongoing Charges 0.07%

Fund facts

Currency EUR
Start date 03/10/01
Asset class FIXED INCOME
RI fund False
Legal authority Autorité des Marchés Financiers

Portfolio management

Fund Manager Maud DEBREUIL
Co-manager Mikaël PACOT
Investment team MT Money Markets

Structure

Investment area Euro
Legal form FCP

Subscription and redemption

Orders to purchase or redeem units must reach the depositary by 12 noon CET each business day. The net asset value on which subscription and redemption orders will be executed is calculated based on prices from the previous day. However, it may be recalculated to take into account any exceptional market event that occurred before the centralisation time. The publication date of the net asset value, which may no longer be recalculated, is D.You should be aware that orders may take longer to process due to the involvement of intermediaries such as financial advisors and distributors.The Fund's net asset value is calculated daily.

Literature

Documents