# AXA IM FIIS Europe Short Duration High Yield B EUR
*

## Benchmark
The fund doesn't have a benchmark.

## Fund Profile
ESG Rating
% of AUM covered by ESG absolute rating: Portfolio = 93.5% (not meaningful for coverage below 50%)
| Risk Analysis |  |
| --- | --- |
|  | 1Y | 3Y | 5Y | Launch |
| Portfolio Volatility* (%) | 1.47 | 7.57 | 5.89 | 4.64 |
| Sharpe Ratio | 4.09 | 0.33 | 0.43 | 0.92 |
| Rolling Performance (%) |  |  |  |  |
|  | 1M | 3M | 6M | YTD | 3Y | 5Y | 30/09/20 30/09/21 | 30/09/19 30/09/20 | 30/09/18 30/09/19 | 30/09/17 30/09/18 | 30/09/16 30/09/17 | Launch |
| Portfolio* | -0.04 | 0.31 | 1.22 | 1.82 | 3.80 | 6.44 | 4.69 | -2.36 | 1.55 | -0.09 | 2.64 | 38.92 |
| Annual Calendar Performance (%) |
|  | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
| Portfolio* | -0.45 | 5.46 | -2.96 | 1.16 | 5.15 | 3.18 | 1.30 | 5.29 | 12.50 | - |

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 |  |
| --- | --- |
| Fund Key Metrics |
|  | Portfolio |  |  | Portfolio |
| Cash (%) | 5.13 |  | Option Adjusted Spread | 299 |
| Number of Holdings | 156 |  | Average Coupon (%) | 4.15 |
| Number of Issuers | 118 |  | Current yield (%) | 3.86 |
| Years to Maturity | 2.88 |  | Yield To Worst (%) | 2.56 |
| Modified duration to worst | 1.36 |  | Yield to maturity (%) | 3.14 |

* 1st NAV date: 05/08/2011
| Sector Breakdown (%) |  |
| --- | --- |
|  | Portfolio |
| Basic Industry | 10.48 |
| Telecommunications | 9.96 |
| Services | 8.21 |
| Retail | 8.17 |
| Financial Services | 7.37 |
| Capital Goods | 7.21 |
| Healthcare | 6.79 |
| Automotive | 6.66 |
| Leisure | 6.52 |
| Media | 5.40 |
| Real Estate | 4.91 |
| Utility | 3.52 |
| Technology & Electronics | 3.40 |
| Consumer Goods | 1.61 |
| Transportation | 1.42 |
| Energy | 1.22 |
| Not Classified | 1.05 |
| Banking | 0.96 |
| Cash | 5.13 |
| Modified Duration to Worst Breakdown (%) |  |

55
50
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| 0 | Cash | 0-1 | 1-3 | 3-5 |
| --- | --- | --- | --- | --- |
| Portfolio | 5.13 | 47.93 | 38.86 | 8.08 |


## Maturity Breakdown (%)
50
40
30
20
10
0	Cash	0-1 year	1-3 years	3-5 years	5-7 years
Portfolio	5.13	7.65	36.90	44.92	5.39
| Top 10 Holdings |  |
| --- | --- |
| Issuer | Coupon rate | Maturity | Sector | Modified duration to worst | Rating | Weight |  |
| ARQIVA BROADC FINANCE PL | 6.750 | 30/09/23 | Technology & Electronics | 0.08 | B | 1.46% |  |
| PINEWOOD FINANCE CO LTD | 3.250 | 30/09/25 | Media | 1.98 | BB | 1.39% |  |
| ROSSINI SARL | 6.750 | 30/10/25 | Healthcare | 0.08 | B | 1.31% |  |
| LIMACORPORATE SPA | 3.750 | 15/08/23 | Healthcare | 0.13 | B | 1.30% |  |
| PLAYTECH PLC | 3.750 | 12/10/23 | Leisure | 1.02 | BB | 1.30% |  |
| CROWN EURO HOLDINGS SA | 4.000 | 15/07/22 | Capital Goods | 0.29 | BB | 1.30% |  |
| INEOS GROUP HOLDINGS SA | 5.375 | 01/08/24 | Basic Industry | 0.34 | B | 1.30% |  |
| SISAL GROUP SPA | 7.000 | 31/07/23 | Leisure | 0.34 | B | 1.26% |  |
| LOXAM SAS | 3.500 | 03/05/23 | Services | 1.58 | B | 1.25% |  |
| MAUSER PACKAGING SOLUT | 4.750 | 15/04/24 | Capital Goods | 0.54 | B | 1.24% |  |
| Rating Breakdown (%) |  |  |  |  |  |  |  |

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0	BBB	BB	B	CCC	Cash
Portfolio	3.22	43.29	43.07	5.29	5.13

## Currency Breakdown (%)
100
|  |  |  |
| --- | --- | --- |
|  |  |
|  |  |
|  |  |  |  |

80
60
40
20
0
EUR	GBP	Cash
Portfolio	79.29	15.58	5.13
| Geographical Breakdown (%) |  |
| --- | --- |
|  | Portfolio |
| United States | 21.55 |
| United Kingdom | 16.66 |
| France | 13.08 |
| Italy | 9.67 |
| Germany | 8.19 |
| Netherlands | 6.34 |
| Sweden | 3.51 |
| Spain | 3.43 |
| Luxemburg | 2.21 |
| Greece | 1.84 |
| Denmark | 1.41 |
| Ireland | 1.38 |
| Other | 5.60 |
| Cash | 5.13 |

Translation (ENDE, 2021-09-30):
# AXA IM FIIS Europe Short Duration High Yield B EUR
*

## Benchmark
Der Fonds hat keine Benchmark.

## Fonds-Profile
ESG-Rating
% des verwalteten Vermögens, das vom absoluten ESG-Rating abgedeckt wird: Portfolio = 93.5% (nicht bedeutend bei einer Abdeckung von weniger als 50
%)
| Risikoanalyse |  |
| --- | --- |
|  | 1J | 3J | 5J | Auflage |
| Portfolio Volatilität* (%) | 1.47 | 7.57 | 5.89 | 4.64 |
| Sharpe Ratio | 4.09 | 0.33 | 0.43 | 0.92 |
| Wertentwicklung (Brutto, Netto in %) |  |  |  |  |

6
4
2
0
-2
|  | 30/09/2016 - | 30/09/2017 - | 30/09/2018 - | 30/09/2019 - | 30/09/2020 - |  |
| --- | --- | --- | --- | --- | --- | --- |
| 30/09/2017 | 30/09/2018 | 30/09/2019 | 30/09/2020 | 30/09/2021 |  |
|  | Brutto-Wertentwicklung | 2.64 | -0.09 | 1.55 | -2.36 | 4.69 |  |
|  | Netto-Wertentwicklung | 2.64 | -0.09 | 1.55 | -2.36 | 4.69 |  |

-4
Berechnung nach BVI-Wertermittlungsstatistik (siehe Erläuterung unter 'Wichtige Hinweise')

## Rollierende Wertentwicklung (%)
|  | 1M | 3M | 6M | YTD | 3J | 5J | 30/09/20 30/09/21 | 30/09/19 30/09/20 | 30/09/18 30/09/19 | 30/09/17 30/09/18 | 30/09/16 30/09/17 | Auflage |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio* | -0.04 | 0.31 | 1.22 | 1.82 | 3.80 | 6.44 | 4.69 | -2.36 | 1.55 | -0.09 | 2.64 | 38.92 |

Wertentwicklung im Kalenderjahr (%)
|  | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Portfolio* | -0.45 | 5.46 | -2.96 | 1.16 | 5.15 | 3.18 | 1.30 | 5.29 | 12.50 | - |

Die Wertentwicklung in der Vergangenheit ist kein zuverlässiger Indikator für zukünftige Ergebnisse. Performanceberechnungen verstehen sich nach Abzug von Gebühren, bei Wiederanlage von Dividenden. Sofern eine Benchmark angegeben ist, könnte sie auf der Basis von Netto- oder Bruttodividenden berechnet sein. Weitere Informationen entnehmen Sie bitte dem Fondsprospekt.
| Portfolioanalyse |  |
| --- | --- |
| Fondsindikatoren |
|  | Portfolio |  |  | Portfolio |
| Liquide Mittel (%) | 5.13 |  | Optionsbereinigter Spread | 299 |
| Anzahl Positionen | 156 |  | Durchschnittlicher Coupon (%) | 4.15 |
| Anzahl Emittenten | 118 |  | Laufende Verzinsung (%) | 3.86 |
| Jahre bis zur Fälligkeit | 2.88 |  | Yield-to-Worst (%) | 2.56 |
| Modified Duration to Worst | 1.36 |  | Rückzahlungsrendite (%) | 3.14 |

* Datum des ersten Nettoinventarwerts: 05/08/2011
| Sektorengewichtung (%) |  |
| --- | --- |
|  | Portfolio |
| Basisindustrie | 10.48 |
| Telekommunikation | 9.96 |
| Dienste | 8.21 |
| Einzelhandel | 8.17 |
| Finanzdienstleistungen | 7.37 |
| Investitionsgüter | 7.21 |
| Gesundheitspflege | 6.79 |
| Automobil | 6.66 |
| Freizeit | 6.52 |
| Media | 5.40 |
| Regular Pfandbriefe | 4.91 |
| Versorgungsbetr. | 3.52 |
| Technol. und Elektr. | 3.40 |
| Verbraucher | 1.61 |
| Beförderung | 1.42 |
| Energie | 1.22 |
| Nicht Klassifiziert | 1.05 |
| Bankgeschäfte | 0.96 |
| Liquide Mittel | 5.13 |
| Aufteilung nach Modified Duration to Worst (%) |  |

55
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5
| 0 | Liquide Mittel | 0-1 | 1-3 | 3-5 |
| --- | --- | --- | --- | --- |
| Portfolio | 5.13 | 47.93 | 38.86 | 8.08 |


## Engagement nach Laufzeit (%)
50
40
30
20
10
0	Liquide Mittel	0-1 Jahre	1-3 Jahre	3-5 Jahre	5-7 Jahre
Portfolio	5.13	7.65	36.90	44.92	5.39
| Top 10 Positionen |  |
| --- | --- |
| Emittent	Ausschüttung | Fälligkeit | Kategorie | Modified Duration to Worst | Rating | Gewichtung |  |
| ARQIVA BROADC FINANCE PL	6.750 | 30/09/23 | Technol. und Elektr. | 0.08 | B | 1.46% |  |
| PINEWOOD FINANCE CO LTD	3.250 | 30/09/25 | Media | 1.98 | BB | 1.39% |  |
| ROSSINI SARL	6.750 | 30/10/25 | Gesundheitspflege | 0.08 | B | 1.31% |  |
| LIMACORPORATE SPA	3.750 | 15/08/23 | Gesundheitspflege | 0.13 | B | 1.30% |  |
| PLAYTECH PLC	3.750 | 12/10/23 | Freizeit | 1.02 | BB | 1.30% |  |
| CROWN EURO HOLDINGS SA	4.000 | 15/07/22 | Investitionsgüter | 0.29 | BB | 1.30% |  |
| INEOS GROUP HOLDINGS SA	5.375 | 01/08/24 | Basisindustrie | 0.34 | B | 1.30% |  |
| SISAL GROUP SPA	7.000 | 31/07/23 | Freizeit | 0.34 | B | 1.26% |  |
| LOXAM SAS	3.500 | 03/05/23 | Dienste | 1.58 | B | 1.25% |  |
| MAUSER PACKAGING SOLUT	4.750 | 15/04/24 | Investitionsgüter | 0.54 | B | 1.24% |  |
| Engagement nach Rating (%) |  |  |  |  |  |  |

50
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0	BBB	BB	B	CCC	Liquide Mittel
Portfolio	3.22	43.29	43.07	5.29	5.13

## Engagement nach Währung (%)
100
|  |  |  |
| --- | --- | --- |
|  |  |
|  |  |
|  |  |  |  |

80
60
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0
EUR	GBP	Liquide Mittel
Portfolio	79.29	15.58	5.13
| Geographische Ausrichtung (%) |  |
| --- | --- |
|  | Portfolio |
| Vereinigten Staaten | 21.55 |
| Großbritannien | 16.66 |
| Frankreich | 13.08 |
| Italien | 9.67 |
| Deutschland | 8.19 |
| Niederlande | 6.34 |
| Schweden | 3.51 |
| Spanien | 3.43 |
| Luxemburg | 2.21 |
| Griechenland | 1.84 |
| Dänemark | 1.41 |
| Irland | 1.38 |
| Sonstige | 5.60 |
| Liquide Mittel | 5.13 |