Contact Info

France
5 rue du Colisée
75008 PARIS
France
+33 (0)1 44 69 43 90
United Kingdom
3rd Floor 11 Albemarle Street
W1S 4HH London
United Kingdom
+44 0208 089 1561
Switzerland
10 rue de rive
1204 Genève
Switzerland
+41 (0) 22 501 79 78
Italy
Via Delio Tessa, 1
20121 Milan
Italy
+39 02 87071058

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Axiom Obligataire

An active fund investing across the financial debt universe

Investment objective

The objective of this fund is to achieve, over a minimum 3-year investment horizon, a return (net of management fees) similar to or greater than that of its benchmarks : ICE BofAML Euro Financial Index (40%), ICE BofAML Euro Corporate Index (40%) and ICE BofAML Contingent Capital Index (20%). The fund is actively managed and references the benchmark for comparative purposes only.

SFDR

Art. 8

Net asset value

€2,155.59

YTD Performance

1.78%

SRI risk profil

1 2 3 4 5 6 7

Recommended investment horizon

3 years

Data as of 28 April 2025

Antonio Roman

Portfolio Manager

Antonio Roman joined Axiom Alternative Investments in June 2018. Previously, he worked as a quantitative analyst at GSAM and JP Morgan Asset Management.

SRI risk scale from 1 to 7, from the lowest risk level (which does not mean risk-free) to the highest. The score indicated combines market and credit risk, and may change over time.

The Sustainable Finance Disclosure Regulation (SFDR) is a set of European rules that aims to make investment funds more comparable with each other on sustainability criteria and increase transparency for end investors. SFDR focuses on several pre-defined extra-financial indicators to assess the sustainability of the investment process on environmental, social and governance aspects

Past performance do not predict future returns

The return may increase or decrease as a result of currency fluctuations, for the shares which are not currency-hedged.

Performance history (base 1000)

Net asset value as of 28 April 2025 : €2,155.59

Axiom Obligataire RC EUR(v)
--
-- Since one week Since one month YTD Performance Since one year Since 3 years Since 5 years Since 10 years Since launch Since
Benchmark
--
-- Since one week Since one month YTD Performance Since one year Since 3 years Since 5 years Since 10 years Since launch Since

Download NAVs

Benchmark

  • Since 10/6/10 to 12/31/14 : Euribor 3M
  • Since 1/2/15 to 12/29/17 : iBoxx EUR Tier I
  • Since 1/2/18 to 4/28/25 : 40% ICE BofAML Euro Financial Index + 40% ICE BofAML Euro Corporate Index + 20% ICE BofAML Contingent Capital (EUR hedged)

Cumulated performance

Axiom Obligataire RC EUR(v)
Benchmark
1 month
Fund
0.49%
Benchmark
0.61%
YTD
Fund
1.78%
Benchmark
1.16%
1 year
Fund
10.58%
Benchmark
7.00%
3 years
Fund
12.40%
Benchmark
8.49%
5 years
Fund
24.95%
Benchmark
8.47%
10 years
Fund
27.67%
Benchmark
15.77%
Since inception (06 October 2010)
Fund
33.15%
Benchmark
21.03%

Data as of 28 April 2025

Annualized performance

Risk metrics

Axiom Obligataire RC EUR(v)
Benchmark
Period
Volatility
Sharpe ratio
3 years
Fund
3.97%
Benchmark
2.75%
5 years
Fund
4.56%
Benchmark
1.64%
10 years
Fund
2.47%
Benchmark
1.48%
Since inception
(06 October 2010)
Fund
1.98%
Benchmark
1.32%

Risk metrics

Period
3 years
Volatility
3.58%
Sharpe ratio
0.17
Period
5 years
Volatility
3.51%
Sharpe ratio
1.18

Data as of 28 April 2025

Calendar performance

Axiom Obligataire RC EUR(v)
Benchmark
2024
Fund
12.94%
Benchmark
6.16%
2023
Fund
6.92%
Benchmark
7.34%
2022
Fund
-12.65%
Benchmark
-12.87%
2021
Fund
4.02%
Benchmark
0.15%
2020
Fund
4.30%
Benchmark
3.25%
2019
Fund
7.54%
Benchmark
7.80%
2018
Fund
-5.48%
Benchmark
-2.01%
2017
Fund
8.22%
Benchmark
2.08%
2016
Fund
0.39%
Benchmark
3.49%
2015
Fund
0.99%
Benchmark
1.68%

Data as of 28 April 2025

Characteristics

Asset Manager
AXIOM ALTERNATIVE INVESTMENTS
Asset manager by delegation
AXM ALTERNATIVE INVESTMENTS
Legal form
SICAV - UCITS
Inception date of the fund
28 January 2019
Absorption of the FCP into SICAV Axiom Lux
Date of creation of the strategy
23 July 2009
Nav frequency
Daily
Cut-off and subscription / redemption
12:00 PM CET, D+3
Capital guarantee
NO
Main risks
Credit Risk. Counterparty Risk. Liquidity Risk. Capital loss. Currency risk. Sustainability risk. Default risk. Operational risk. Risk associated with discretionary management
Inception date of the share class
06 October 2010
ISIN code
LU1876460905
Currency
EUR
Minimum initial subscription
1 share
Dividend policy
Capitalisation
Management fees
1.20%
Performance fees
20.00%

Fees

One-off costs (possibly charged by the distributor)

Entry costs (max.)
2.00%
This is the most you will be charged. The management company does not charge entry fees. The person selling you the product will inform you of the actual charge.
Exit costs (max.)
2.00%
This is the most you will be charged. The management company does not charge entry fees. The person selling you the product will inform you of the actual charge.

Ongoing costs (taken each year)

Management fees and other administrative and operating costs
1.40%
This figure is based on actual costs over the past year.
Portfolio transaction costs
0.28%
This is an estimate of the costs incurred when we buy or sell the underlying investments for the Product. The actual amount will vary depending on how much we buy and sell.

Incidental costs taken under specific conditions

Performance fees
0.71%
Maximum performance fees charges on the Product’s annual performance beyond the performance of the Benchmarks.

Performance scenarios

ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €7,230 €7,820
Annualised return in % -27.7% -7.9%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,890 €10,130 This scenario occurred between 31/12/2021 and 31/12/2024
Annualised return in % -1.1% 0.4%
Favourable scenario What you can expect after deduction of costs €11,270 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 12.7% 3.8%
ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €6,180 €7,780
Annualised return in % -38.2% -8%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,850 €10,130 This scenario occurred between 31/12/2021 and 31/12/2024
Annualised return in % -1.5% 0.4%
Favourable scenario What you can expect after deduction of costs €11,270 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 12.7% 3.8%
ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €6,180 €7,580
Annualised return in % -38.2% -8.8%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,790 €10,130 This scenario occurred between 31/12/2021 and 31/12/2024
Annualised return in % -2.1% 0.4%
Favourable scenario What you can expect after deduction of costs €11,270 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 12.7% 3.8%
ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €6,180 €7,130
Annualised return in % -38.2% -10.66%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,780 €10,140 This scenario occurred between 28/02/2018 and 28/02/2021
Annualised return in % -2.2% 0.5%
Favourable scenario What you can expect after deduction of costs €11,320 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 13.2% 3.8%
ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €6,180 €7,130
Annualised return in % -38.2% -10.66%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,740 €10,180 This scenario occurred between 31/05/2015 and 31/05/2018
Annualised return in % -2.6% 0.6%
Favourable scenario What you can expect after deduction of costs €11,270 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 12.7% 3.8%
ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €6,180 €7,130
Annualised return in % -38.2% -10.66%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,720 €10,180 This scenario occurred between 30/06/2015 and 30/06/2018
Annualised return in % -2.8% 0.6%
Favourable scenario What you can expect after deduction of costs €11,190 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 11.9% 3.8%
ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €6,180 €7,130
Annualised return in % -38.2% -10.66%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,710 €10,180 This scenario occurred between 30/06/2015 and 30/06/2018
Annualised return in % -2.9% 0.6%
Favourable scenario What you can expect after deduction of costs €11,170 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 11.7% 3.8%
ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €6,180 €7,130
Annualised return in % -38.2% -10.66%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,700 €10,180 This scenario occurred between 30/06/2015 and 30/06/2018
Annualised return in % -3% 0.6%
Favourable scenario What you can expect after deduction of costs €11,170 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 11.7% 3.8%
ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €6,180 €7,130
Annualised return in % -38.2% -10.66%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,700 €10,180 This scenario occurred between 30/06/2015 and 30/06/2018
Annualised return in % -3% 0.6%
Favourable scenario What you can expect after deduction of costs €11,170 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 11.7% 3.8%
ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €6,180 €7,130
Annualised return in % -38.2% -10.66%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,670 €10,180 This scenario occurred between 30/06/2015 and 30/06/2018
Annualised return in % -3.3% 0.6%
Favourable scenario What you can expect after deduction of costs €11,170 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 11.7% 3.8%
ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €6,180 €7,160
Annualised return in % -38.2% -10.54%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,670 €10,180 This scenario occurred between 30/06/2015 and 30/06/2018
Annualised return in % -3.3% 0.6%
Favourable scenario What you can expect after deduction of costs €11,170 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 11.7% 3.8%
ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €6,180 €7,150
Annualised return in % -38.2% -10.58%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,660 €10,180 This scenario occurred between 30/06/2015 and 30/06/2018
Annualised return in % -3.4% 0.6%
Favourable scenario What you can expect after deduction of costs €11,170 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 11.7% 3.8%
ScenariosIf you redeem after 1 year If you redeem after 3 years (recommended investment horizon)
Stressed scenario What you can expect after deduction of costs €6,180 €7,150
Annualised return in % -38.2% -10.58%
Unfavourable scenario Unfavourable scenario €8,180 €9,020 This scenario occurred between 31/10/2019 and 31/10/2022
Annualised return in % -18.2% -3.4%
Moderate scenario What you can expect after deduction of costs €9,660 €10,180 This scenario occurred between 30/06/2015 and 30/06/2018
Annualised return in % -3.4% 0.6%
Favourable scenario What you can expect after deduction of costs €11,170 €11,200 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 11.7% 3.8%

Past performance do not predict future returns

This fund presents a risk of capital loss

The return may increase or decrease as a result of currency fluctuations, for the shares which are not currency-hedged.