Contact Info

France
5 rue du Colisée
75008 PARIS
France
+33 (0)1 44 69 43 90
United Kingdom

AXM ALTERNATIVE INVESTMENTS LTD

3rd Floor 11 Albemarle Street
W1S 4HH London
United Kingdom
+44 0208 089 1561
Switzerland
2 rue Jean Petitot
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 product 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%).

SFDR

Art. 8

Net asset value

£1,228.18

YTD Performance

-1.12%

SRI risk profil

1 2 3 4 5 6 7

Recommended investment horizon

3 years

Data as of 01 April 2026

Antonio Roman

Portfolio Manager

Antonio Roman joined Axiom Alternative Investments in June 2018. He previously worked as a quantitative analyst at GSAM and JP Morgan Asset Management. Antonio started his career at Goldman Sachs Asset Management in the team responsible for building optimal investment solutions from economic, regulatory and accounting perspectives for institutional clients. He then moved to JP Morgan Asset Management as a quantitative analyst, where he strengthened his insurance expertise through the development of various portfolio optimization tools in a Solvency II environment. Antonio is a graduate of École Polytechnique (X2012) and ENSAE. He is also a certified member of the French Institute of Actuaries.

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 01 April 2026 : £1,228.18

Axiom Obligataire SC GBP(hv)
--
-- 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 7/28/21 to 4/1/26 : 40% ICE BofAML Euro Financial Index + 40% ICE BofAML Euro Corporate Index + 20% ICE BofAML Contingent Capital (EUR hedged)

Cumulated performance

Axiom Obligataire SC GBP(hv)
Benchmark
1 month
Fund
-1.93%
Benchmark
-1.90%
YTD
Fund
-1.12%
Benchmark
-0.60%
1 year
Fund
5.06%
Benchmark
3.08%
3 years
Fund
35.14%
Benchmark
18.77%
Since inception (29 July 2021)
Fund
22.82%
Benchmark
1.75%

Data as of 01 April 2026

Annualized performance

Risk metrics

Axiom Obligataire SC GBP(hv)
Benchmark
Period
Volatility
Sharpe ratio
3 years
Fund
10.56%
Benchmark
5.90%
Since inception
(29 July 2021)
Fund
4.49%
Benchmark
0.37%

Risk metrics

Period
1 year
Volatility
2.57%
Sharpe ratio
0.42
Period
3 years
Volatility
2.36%
Sharpe ratio
2.51

Data as of 01 April 2026

Calendar performance

Axiom Obligataire SC GBP(hv)
Benchmark
2025
Fund
8.22%
Benchmark
4.33%
2024
Fund
14.52%
Benchmark
6.15%
2023
Fund
9.86%
Benchmark
7.34%
2022
Fund
-10.16%
Benchmark
-12.87%

Data as of 01 April 2026

Characteristics

Asset Manager
AXIOM ALTERNATIVE INVESTMENTS
Asset manager by delegation
AXM ALTERNATIVE INVESTMENTS LTD
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
29 July 2021
ISIN code
LU2336815555
Currency
GBP
Minimum initial subscription
10,000,000 EUR (or equivalent in share currency GBP)
Dividend policy
Capitalisation
Management fees
0.75%
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
0.88%
This figure is based on actual costs over the past year.
Portfolio transaction costs
0.29%
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
0.87%
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 €7,440 €7,860
Annualised return in % -25,6% -7,7%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €10,110 €10,490 This scenario occurred between 31/07/2021 and 31/07/2024
Annualised return in % 1,1% 1,7%
Favourable scenario What you can expect after deduction of costs €11,440 €13,470 This scenario occurred between 31/10/2022 and 31/10/2025
Annualised return in % 14,4% 10,5%
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 €7,440 €7,860
Annualised return in % -25,6% -7,7%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €10,110 €10,480 This scenario occurred between 31/01/2016 and 31/01/2019
Annualised return in % 1,1% 1,6%
Favourable scenario What you can expect after deduction of costs €11,440 €13,470 This scenario occurred between 31/10/2022 and 31/10/2025
Annualised return in % 14,4% 10,5%
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 €7,440 €7,860
Annualised return in % -25,6% -7,7%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €10,090 €10,450 This scenario occurred between 31/10/2016 and 31/10/2019
Annualised return in % 0,9% 1,5%
Favourable scenario What you can expect after deduction of costs €11,450 €13,480 This scenario occurred between 28/10/2022 and 28/10/2025
Annualised return in % 14,5% 10,5%
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 €7,440 €7,860
Annualised return in % -25,6% -7,7%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €10,090 €10,410 This scenario occurred between 30/04/2018 and 30/04/2021
Annualised return in % 0,9% 1,4%
Favourable scenario What you can expect after deduction of costs €11,440 €13,470 This scenario occurred between 31/10/2022 and 31/10/2025
Annualised return in % 14,4% 10,5%
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 €7,440 €7,860
Annualised return in % -25,6% -7,7%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €10,040 €10,410 This scenario occurred between 30/04/2018 and 30/04/2021
Annualised return in % 0,4% 1,4%
Favourable scenario What you can expect after deduction of costs €11,440 €13,350 This scenario occurred between 30/09/2022 and 30/09/2025
Annualised return in % 14,4% 10,2%
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 €7,440 €7,860
Annualised return in % -25,6% -7,7%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €10,030 €10,380 This scenario occurred between 31/03/2020 and 31/03/2023
Annualised return in % 0,3% 1,3%
Favourable scenario What you can expect after deduction of costs €11,440 €12,580 This scenario occurred between 29/08/2022 and 29/08/2025
Annualised return in % 14,4% 8,0%
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 €7,440 €7,860
Annualised return in % -25,6% -7,7%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €10,030 €10,340 This scenario occurred between 30/06/2021 and 30/06/2024
Annualised return in % 0,3% 1,2%
Favourable scenario What you can expect after deduction of costs €11,440 €12,570 This scenario occurred between 30/06/2022 and 30/06/2025
Annualised return in % 14,4% 8,0%
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 €7,440 €7,860
Annualised return in % -25,6% -7,7%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €10,020 €10,330 This scenario occurred between 31/03/2018 and 31/03/2021
Annualised return in % 0,2% 1,1%
Favourable scenario What you can expect after deduction of costs €11,440 €12,570 This scenario occurred between 30/06/2022 and 30/06/2025
Annualised return in % 14,4% 8,0%
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 €7,460 €7,960
Annualised return in % -25,4% -7,3%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €9,960 €10,320 This scenario occurred between 31/05/2021 and 31/05/2024
Annualised return in % -0,4% 1,1%
Favourable scenario What you can expect after deduction of costs €11,440 €11,820 This scenario occurred between 30/05/2022 and 30/05/2025
Annualised return in % 14,4% 5,8%
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 €7,460 €7,960
Annualised return in % -25,4% -7,3%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €9,940 €10,320 This scenario occurred between 31/05/2021 and 31/05/2024
Annualised return in % -0,6% 1,1%
Favourable scenario What you can expect after deduction of costs €11,440 €11,530 This scenario occurred between 30/04/2022 and 30/04/2025
Annualised return in % 14,4% 4,9%
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 €7,480 €7,870
Annualised return in % -25,2% -7,6%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €9,920 €10,320 This scenario occurred between 31/05/2021 and 31/05/2024
Annualised return in % -0,8% 1,1%
Favourable scenario What you can expect after deduction of costs €11,440 €11,360 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 14,4% 4,4%
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 €7,220 €7,810
Annualised return in % -27,8% -7,9%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €9,910 €10,320 This scenario occurred between 31/05/2021 and 31/05/2024
Annualised return in % -0,9% 1,1%
Favourable scenario What you can expect after deduction of costs €11,440 €11,360 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 14,4% 4,4%
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 €6,190 €7,770
Annualised return in % -38,1% -8,0%
Unfavourable scenario Unfavourable scenario €8,410 €9,260 This scenario occurred between 31/03/2017 and 31/03/2020
Annualised return in % -15,9% -2,5%
Moderate scenario What you can expect after deduction of costs €9,860 €10,320 This scenario occurred between 31/05/2021 and 31/05/2024
Annualised return in % -1,4% 1,1%
Favourable scenario What you can expect after deduction of costs €11,440 €11,360 This scenario occurred between 31/12/2018 and 31/12/2021
Annualised return in % 14,4% 4,4%

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.