AXA Sterling Credit Short Duration Bond Fund

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AXA Fixed Interest Investment ICVC - AXA Sterling Credit Short Duration Bond Fund ZGrossAccumulation

A Select 50 Fund - Fidelity insight
Category GBP Corporate Bond - Short Term



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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

136.00p

arrow-up0.20p (+0.15%)

Fund Code

AXTZA

B5L2N22

GB00B5L2N222

Prices updated as at 15 Nov 2024
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Prices in GBX

Investment objective
The aim of this Fund is to provide an income return combined with any capital growth over the short term (being a period of three years or less). The Fund invests at least 70% of its Net Asset Value in sterling-denominated or hedged back to sterling investment grade bonds (meaning bonds with a Standard & Poor's rating of at least BBB- or such equivalent rating by Moody's or Fitch), which are issued by companies with a bias towards shorter maturities with the aim of reducing the effect of fluctuations in interest rates. The ACD seeks to reduce the effect of credit risk through diversification and its analysis and selection of bonds.

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