InvestSMART

AXA IM Sustainable Equity - Managed Fund

Fund Objective
The fund aims to provide a superior risk adjusted return (before fees, expenses and taxes) greater than the return of the MSCI ACWI ex-Australia Index (AUD) on a rolling six to eight year basis.
Fund Strategy
The investment manager will seek to achieve the objectives by screening the index using proprietary screening and reweighting methodology with the goal of creating a portfolio with reduced exposure to what the investment manager believes to be undercompensated sources of risk in the equity market.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 3.22% 3.04% 11.84% 26.36% 16.89% 11.22% 11.69% 13.08%
Growth return 4.09% 7.75% 4.54% 16.01% 10.86% 5.41% 6.3% 5.05%
Income return -0.87% -4.71% 7.3% 10.35% 6.03% 5.81% 5.39% 8.03%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AXA IM Sustainable Equity
International Equities
98.92%
Cash
1.08%
Australian Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
International Equities
98.06%
Cash
1.46%
Australian Equities
0.07%
Property
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
AXA IM Sustainable Equity
Equity Trustees Ltd
ETL0171AU
Equity World - Currency Hedged
starstarstarstar (as at 31 Oct 2024)
Investment Fund
7 Aug 2014
$738.7 million (as at 29 Nov 2024)
$1.917 (as at 2 Dec 2024)
$1.9112 (as at 2 Dec 2024)
Open
Offer information
Type Description
MER 0.35% (as at 25 Oct 2023)
Indirect Cost Ratio (ICR) - Estimated 0.35% (as at 30 Jun 2024) (Estimated)
Performance fee (included in ICR) Not Available
Minimum initial investment $10,000.00
Minimum additional investments $1,000,000

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
NVIDIA Corp Equity 4.15%
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FAQs about the AXA IM Sustainable Equity

The objective of the AXA IM Sustainable Equity managed fund is The fund aims to provide a superior risk adjusted return (before fees, expenses and taxes) greater than the return of the MSCI ACWI ex-Australia Index (AUD) on a rolling six to eight year basis.

The strategy of the AXA IM Sustainable Equity managed fund is The investment manager will seek to achieve the objectives by screening the index using proprietary screening and reweighting methodology with the goal of creating a portfolio with reduced exposure to what the investment manager believes to be undercompensated sources of risk in the equity market.

The APIR code of the AXA IM Sustainable Equity managed fund is ETL0171AU.

AXA IM Sustainable Equity’s total return last month was 3.22%. This was made up of a growth return of 4.09% and an income return of -0.87%. These returns were calculated as at 31 Oct 2024.

AXA IM Sustainable Equity’s total return for the last three months was 3.04%. This was made up of a growth return of 7.75% and an income return of -4.71%%. These returns were calculated as at 31 Oct 2024.

AXA IM Sustainable Equity’s one-year total return is 26.36%. This was made up of a growth return of 16.01% and an income return of 10.35%. These returns were calculated as at 31 Oct 2024.

AXA IM Sustainable Equity’s one-year total return is 11.22%. This was made up of a growth return of 5.41% and an income return of 5.81%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the AXA IM Sustainable Equity managed fund is :

International Equities
98.92%
Cash
1.08%
Australian Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the AXA IM Sustainable Equity managed fund is Equity Trustees Ltd.

The AXA IM Sustainable Equity managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 29 Nov 2024, the size of the AXA IM Sustainable Equity managed fund was $738.7 million.

The AXA IM Sustainable Equity managed fund has an inception date of 7 Aug 2014.

The current entry price of the AXA IM Sustainable Equity managed fund is $1.917 per unit and the current exit price is $1.9112 per unit (as at 2 Dec 2024).

The current exit price of the AXA IM Sustainable Equity managed fund is $1.9112 per unit and the current entry price is $1.917 per unit (as at 2 Dec 2024).

The minimum initial investment amount for the AXA IM Sustainable Equity managed fund is $10,000. Minimum additional investment is $1000000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.