Axiom Alternative Investments, an independent manager specializing in the European financial sector, is celebrating the 10th anniversary of its climate fund dedicated to Additional Tier 1 (AT1) bonds. Since its creation in 2015, the fund has established itself as a benchmark in the market, combining rigorous risk management with a constant search for yield optimization, driven by a thematic approach.
Over its 10-year track record, the fund has successfully capitalized on opportunities in the banks’ subordinated debt instruments while maintaining a strict risk management framework. With an annualized performance since inception of 4.52% (IC EUR share class, as of 03/28/2025) compared to 4.20% for its benchmark index1, and controlled volatility.
The fund has distinguished itself by its ability to capture the value of subordinated securities while limiting drawdowns thanks to in-depth climate assessment, thorough monitoring of controversies and engagement with issuers.
To date, Axiom Climate Financial Bonds remains the first and only Article 9 SFDR and 100% invested in sustainable assets, reaffirming its commitment to a financial sector that takes concrete steps towards achieving the goals of the Paris Agreement.
“For the past 10 years, our approach has been based on a rigorous thematic assessment process, an in-depth analysis of bank balance sheets and a methodical selection of issuers in order to maximize the AT1 risk premium while minimizing extreme risks”, explains Adrian Paturle, Portfolio Manager of the Axiom Climate Financial Bonds fund.
The Axiom Climate Financial Bonds fund is reserved for professional investors.
Calendar performance (net of fees) | |||||||||
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
| Axiom Climate Financial Bonds - IC EUR | 4.17% | 12.33% | -6.13% | 14.50% | 3.71% | 4.12% | -7.20% | 8.83% | 9.10% |
| Benchmark | 6.10% | 12.92% | -5.44% | 15.31% | 5.83% | 4.08% | -12.95% | 4.40% | 11.02% |
Past performance is not an indication of future performance.
Axiom Climate Financial Bonds IC EUR fees
Entry costs: max. 2% (not charged by the management company)
Exit costs: max. 2% (not charged by the management company)
Management fees, other administrative fees and operating costs: 0.95%
Portfolio transaction costs: 0.29%
Performance fees: -
Source: Axiom Alternative Investments | 1 The fund's benchmark index is the BofA Contingent Capital Index, hedged in euros
with reinvested coupons.
Axiom Alternative Investments Group
Founded in 2009, Axiom Alternative Investments is an independent management company based in Paris, Geneva, Milan and London via its subsidiary AXM Alternative Investments. The company currently manages 3 billion euros (as of 28/02/2025) through a range of UCITS funds and dedicated mandates. These investment vehicles are marketed in Europe to institutional clients, family offices, private banks and wealth management advisors.
Find out more about Axiom AI at www.axiom-ai.com
Main risks
Risk of capital loss, risk associated with discretionary management, credit risk, default risk, exchange risk, risk associated with portfolio concentration, counterparty risk, risk associated with commitment to derivatives, risk associated with subordinated debt securities, sustainability risk, legal risk.
SRI risk scale 3 out of 7 for the IC EUR share class (LU1876458750). Recommended investment period: 5 years. 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.
Disclaimer
Marketing communication. Please refer to the prospectus and the key information document (KID) before making any final investment decision. This document is published by Axiom Alternative Investments, a French asset management company registered with the AMF under no. GP-06000039. It does not constitute an offer to subscribe or investment advice.
The information contained herein may be incomplete and is subject to change without notice.
The prospectuses, KID, net asset values and annual reports of the funds are available from Axiom Alternative Investments or on www.axiom-ai.com. The risks and charges relating to the funds are described in the KID/prospectus. Axiom Climate Financial Bonds is a sub-fund of AXIOM LUX, an open-ended investment company with variable capital governed by Luxembourg law and complying with the UCITS Directive.
The management company may decide at any time to cease marketing in your country. Investors can access a summary of their rights in English at the following link https://axiom-ai.com/web/en/regulatory-information/
Reproduction in whole or in part is prohibited without the prior permission of Axiom Alternative Investments.