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Report Publisher € Factsheet: 31/08/2021 FIXED INCOME AXA WF Euro Sustainable Credit A EUR Key Figures (EUR)* Benchmark Since: 17/12/2012 Fund Cumulative Performance (%) Current NAV 100% ICE BofA Euro Corporate 1-10 Yrs YTD 1Y 3Y 10Y Launch Acc. Inc. +0.01 +2.01 +6.98 +36.11 +63.08 162.71 124.19 Fund Key Metrics Port. Bench. Fund Annualized Performance (%) Assets Under Management (M) Linear Average Rating BBB1 A3 3 Y. 5 Y. 10 Y. Launch EUR Mod. Duration 4.34 4.42 +2.27 +1.25 +3.13 +3.80 470.31 Mod. Duration To Worst 4.35 4.42 Yield To Worst (%) 0.27 0.12 Dividend Record Number of Holdings 206 3371 Number of Issuers 127 621 Record Date Ex-Date Dividend per Share 12 month Yield (%) Dec 2017 28/12/2017 29/12/2017 0.71 0.60 Fund Profile Dec 2018 27/12/2018 28/12/2018 0.53 0.46 Dec 2019 27/12/2019 30/12/2019 0.56 0.46 ESG Rating Dec 2020 29/12/2020 30/12/2020 0.38 0.31 12 Month Yield = (Sum of Dividends) / (Ending NAV). The 12 Month yield is calculated based on the sum of the ESG Relative Rating distributions over the previous 12 months and the latest NAV. The 12 month yield may be higher or lower than the actual annual dividend yield. A positive distribution yield does not imply positive return. Dividends are not guaranteed. Past dividends are not indicative of future dividends. CO2 Relative rating Please note that a positive distribution yield does not imply a positive return. Investors should not make any investment decision solely based on information contained in the table above. You should read the relevant offering document (including the key facts statement) of the fund for further details including the risk factors. % of AUM covered by ESG absolute rating: Portfolio = 94.8% Benchmark = 96.0% (not meaningful for Performance & Risk coverage below 50%) Performance Evolution (EUR) % of AUM covered by CO2 intensity indicator: Portfolio = 84.6% Benchmark = 86.9% (not meaningful for coverage below 50%) 110.00 107.50 105.00 102.50 100.00 97.50 95.00 31/08/18 28/02/19 31/08/19 29/02/20 31/08/20 28/02/21 31/08/21 Portfolio* (6.98%) Benchmark (7.31%) Data is rebased to 100 by AXA IM on the graph start date. Past performance is not a reliable indicator of future results. Performance calculations are net of fees, based on the reinvestment of dividends. The benchmark, when there is one could be calculated on the basis of net or gross dividend. Please refer to the prospectus for more information. * 1st NAV date: 24/07/2008 1 / 7 Source(s): AXA Investment Managers as at 31/08/2021 For further information please visit www.axa-im.com € Risk Analysis 1Y 3Y 5Y Launch Portfolio Volatility* (%) 1.44 4.87 3.92 3.75 Benchmark Volatility (%) 1.26 4.48 3.61 - Relative Risk/Tracking Error (%) 0.56 0.76 0.65 - Sharpe Ratio 2.41 0.75 0.67 1.22 Information Ratio 1.07 1.20 0.96 - Rolling Performance (%) 31/08/20 31/08/19 31/08/18 31/08/17 31/08/16 1M 3M 6M YTD 3Y 5Y Launch 31/08/21 31/08/20 31/08/19 31/08/18 31/08/17 Portfolio* -0.32 0.86 0.85 0.01 6.98 6.40 2.01 -0.48 5.37 -0.85 0.31 63.08 Benchmark -0.29 0.90 1.13 0.52 7.31 8.45 2.43 -0.83 5.64 0.11 0.96 - Excess Return -0.03 -0.05 -0.28 -0.52 -0.33 -2.05 -0.42 0.35 -0.27 -0.96 -0.64 - Annual Calendar Performance (%) 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 Portfolio* 2.12 5.75 -2.01 1.76 3.68 -1.20 7.15 1.43 13.09 2.04 Benchmark 2.01 5.48 -1.04 2.28 4.24 -0.06 7.38 2.42 11.15 1.94 Excess Return 0.11 0.27 -0.97 -0.52 -0.56 -1.14 -0.23 -0.99 1.94 0.10 Past performance is not a reliable indicator of future results. Performance calculations are net of fees, based on the reinvestment of dividends. The benchmark, when there is one could be calculated on the basis of net or gross dividend. Please refer to the prospectus for more information. Portfolio Analysis Top 10 Holdings Name Weighting (%) Issuer country Mod. Duration Contribution Assicurazioni Generali SpA 2.43% 07/14/2031 1.29 Italy 8.4 0.11 KBC Groep NV VAR 06/16/2027 1.19 Belgium 4.7 0.06 Gas Natural Fenosa Finance BV 0.875% 05/15/2025 1.10 Spain 3.4 0.04 Banco Bilbao Vizcaya Argentaria VAR 01/16/2030 1.08 Spain 3.3 0.04 SNS Bank NV VAR 10/22/2030 1.05 Netherlands 4.0 0.04 LA Banque Postale SA 0.75% 06/23/2031 0.98 France 9.4 0.09 EDP Finance BV 1.875% 10/13/2025 0.98 Portugal 3.9 0.04 Iberdrola International BV VAR PERP 0.94 Spain 3.2 0.03 LA Mondiale SAM 2.125% 06/23/2031 0.94 France 8.6 0.08 AXA SA VAR 10/07/2041 0.93 France 8.9 0.08 Total (%) 10.48 * 1st NAV date: 24/07/2008 2 / 7 Source(s): AXA Investment Managers as at 31/08/2021 For further information please visit www.axa-im.com € Sector Breakdown (%) Contribution to duration by sector Portfolio Benchmark Financial 41.49 38.42 3 Industrials 36.92 53.05 2 Utility 13.01 8.50 1 Cash 8.58 0.04 0 -1 Utility Cash Other Financial Industrials Port. 1.9 1.9 0.7 0.1 -0.3 Bench. 1.6 2.4 0.4 - - Geographical Breakdown (%) Contribution to Duration by Geography Portfolio Benchmark 1.5 France 26.22 21.22 1.2 Italy 12.03 5.91 0.9 Spain 8.79 5.73 0.6 Germany 7.69 14.66 0.3 y United States 6.22 16.91 0.0 y Ital Spain Other United Kingdom 4.80 8.11 States United United France elgium erman ingdom B Australia K Australia 4.69 2.21 G Netherlands Netherlands 3.25 5.44 Port. 1.4 0.6 0.4 0.3 0.2 0.2 0.2 0.2 0.1 0.8 Belgium 3.09 1.96 Bench. 1.0 0.3 0.2 0.8 0.3 0.1 0.1 0.7 0.2 0.7 Portugal 2.66 0.42 Other 11.98 13.53 Cash 8.58 0.04 Maturity Breakdown (%) 30 25 20 15 10 5 0 Cash 0-1 year 1-3 years 3-5 years 5-7 years 7-10 years 10-20 years +20 years Portfolio 8.58 2.81 14.31 21.33 19.72 27.08 1.97 4.20 Benchmark 0.04 0.62 25.96 27.88 23.86 19.21 0.46 1.97 Source(s): AXA Investment Managers as at 31/08/2021 For further information please visit www.axa-im.com 3 / 7 € Rating Breakdown (%) 80 60 40 20 0 AAA AA A BBB BB N/A Cash Portfolio - 3.04 25.76 61.51 0.75 0.36 8.58 Benchmark 0.29 8.67 38.26 52.72 0.02 - 0.04 Currency Breakdown (%) 120 100 80 60 40 20 0 EUR Portfolio 100.00 Benchmark 100.00 Source(s): AXA Investment Managers as at 31/08/2021 For further information please visit www.axa-im.com 4 / 7 € Additional Information Risk Characteristics Administration: A EUR 1 2 3 4 5 6 7 Legal form SICAV UCITS Compliant Yes Lower risk Higher risk AIF Compliant No Potentially lower reward Potentially higher reward Legal country Luxembourg 1st NAV date 24/07/2008 The risk category is calculated using historical performance data and may not be A reliable indicator of the Sub-Fund's future risk profile. Fund currency EUR Shareclass currency EUR The risk category shown is not guaranteed and may shift over time. The lowest category does not mean risk free. Valuation Daily Why is this Sub-Fund in this category? Share type Accumulation / Income The capital of the Sub-Fund is not guaranteed. The Sub-Fund is ISIN code C / D LU0361820912 / LU0645131763 invested in financial markets and uses techniques and instruments Maximum initial fees 3% which are subject to some levels of variation, which may result in gains or losses. Ongoing charges 1.00% Financial management fee 0.75% Maximum management fees 0.75% Additional Risk Minimum initial subscription 5 000 000 USD Minimum subsequent Counterparty Risk: Risk of bankruptcy, insolvency, or payment or 1 000 000 USD subcription delivery failure of any of the Sub-Fund's counterparties, leading to A payment or delivery default. Management company AXA Funds Management S.A. (Sub) Financial delegation AXA IM Paris Liquidity Risk: risk of low liquidity level in certain market conditions Delegation of account State Street Bank International that might lead the Sub-Fund to face difficulties valuing, purchasing or administration GmbH (Luxembourg Branch) selling all/part of its assets and resulting in potential impact on its net State Street Bank International asset value. Custodian GmbH (Luxembourg Branch) As disclosed in the most recent Annual Report, the ongoing charges calculation Credit Risk: Risk that issuers of debt securities held in the Sub-Fund excludes performance fees, but includes management and applied services fees.
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