AXA IM European Loan Fund

ISIN FR0012382109

Last NAV 983.6600 EUR as of 31/10/19

Overview

Investment objectives

AXA IM European Loan Fund is an Alternative Investment Fund – Professional Specialized Fund. As such, it is not approved by the French Financial Market Authority (the "Autorité des Marchés Financiers or "AMF") and its rules for management and functioning are set forth in the Prospectus. Before investing in this AIF, you'll need to understand how this Fund will be managed and what are the specific risks related to the type of management approach adopted. The investment objective of the Fund is to seek to achieve consistent rates of returns through credit cycles by investing mainly in a diversified portfolio of non-investment grade loans to corporate entities. There is no guarantee that the Fund will achieve its investment objective.

Risk

Synthetic Risk & Reward Information scale

1 SRRI Value 2 3 4 5 6 7

The risk category is calculated using historical performance data and may not be a reliable indicator of the Fund's future risk profile. The risk category shown is not guaranteed and may shift over time. The lowest category does not mean risk free.

Why is this Fund in this category?

The capital of the Fund is not guaranteed. The Fund is invested in financial markets and uses techniques and instruments which are subject to low levels of variation under normal market conditions but which may still result in losses. The capital of the Fund is not guaranteed. The Fund is invested in financial markets and uses techniques and instruments which are subject to low levels of variation under normal market conditions but, which may still result in losses.

Additional risks

Credit Risk: Risk that issuers of the loans held in the Fund may default on their obligations or have their credit rating downgraded, resulting in a decrease in the Net Asset Value. Liquidity Risk: Risk of low liquidity level in certain market conditions that might lead the Fund to face difficulties valuing, purchasing or selling all/part of its assets and resulting in potential impact on its Net Asset Value. Counterparty Risk: Risk of bankruptcy, insolvency, or payment or delivery failure of any of the Fund's counterparties, leading to a payment or delivery default.

Investment horizon

This Sub-Fund may not be suitable for investors who plan to withdraw their contribution within 4 years.

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
- - -

Administration

Fees

Ongoing Charges 0.47%

Fund facts

Currency EUR
Start date 20/01/15
Asset class STRUCTURED FINANCE
RI fund False
Legal authority Autorité des Marchés Financiers

Portfolio management

Fund Manager Yannick LE SERVIGET
Co-manager Xavier BOUCHER
Investment team MT Leveraged Loans

Structure

Investment area Euro
Legal form FCP

Subscription and redemption

Any prospective investor will be required to execute a subscription agreement setting forth the amount of its commitment to invest in the Fund. The issue price will correspond to the next available NAV as of the valuation day, which has been published after the relevant subscription request (such NAV being released to unitholders within 5 business days from the relevant valuation day).Units will be redeemed, as of a dealing day, at a price equal to the NAV per Unit as at the immediately preceding valuation day i.e. 1 business day before such dealing day. A redemption notice shall be delivered by the unitholder to AXA IM by no later than 12 noon on the day falling 5 business days before the relevant dealing day. If the total NAV of units falling to be redeemed on a dealing day is greater than or equal to 15% of the NAV of the Fund on such dealing day, then AXA IM may in its sole discretion refuse to redeem any unit in excess of this threshold.The NAV of this Fund is calculated on a monthly basis.This Fund may only be purchased by Eligible Investors as defined in the Prospectus. Minimum initial investment: EUR 20,000,000 Minimum subsequent investment: EUR 250,000