AXA WF Euro Credit Short Duration

Not for Retail distribution: This document is intended exclusively for Institutional/Qualified Investors and Wholesale/Professional Clients under MIFID ( 2004/39/EC) only, as defined by applicable local laws and regulation. Circulation must be restricted accordingly. This communication is for informational purposes only and does not constitute on the part of AXA Investment Managers or its affiliated companies an offer to buy or sell any investments, products or services and should not be considered as a solicitation or as investment, legal or tax advice. Due to its simplification, this document is partial and opinions, estimates and forecasts herein are subjective and subject to change without notice. There is no guarantee forecasts made will come to pass. Data, figures, declarations, analysis, predictions and other information in this document is provided based on our state of knowledge at the time of creation of this document. Whilst every care is taken, no representation or warranty (including liability towards third parties), express or implied, is made as to the accuracy, reliability or completeness of the information contained herein. Reliance upon information in this material is at the sole discretion of the recipient. This material does not contain sufficient information to support an investment decision. Before making an investment, investors should read the relevant Prospectus and the Key Investor Information Document / scheme documents, which provide full product details including investment charges and risks. The information contained herein is not a substitute for those documents or for independent advice. The recipient agrees that it will use the information contained in this communication only to evaluate its potential interest in the strategies  described herein. Any reproduction of this information, in whole or in part, is prohibited.
Past performance is not a guide to current or future performance. References to league tables and awards are not an indicator of future performance or places in league tables or awards. The value of investments, and the income from them, can fall as well as rise and investors may not get back the amount originally invested. Exchange-rate fluctuations may also affect the value of their investment. Due to this and the initial charge that is usually made, an investment is not usually suitable as a short term holding. Investments in smaller companies offer the possibility of higher returns but may involve a higher degree of risk.
This document has been Issued in the UK by AXA Investment Managers UK Limited, which is authorised and regulated by the Financial Conduct Authority in the UK. Registered in England and Wales No: 01431068. Registered Office: 7 Newgate Street, London EC1A 7NX.
Please check the countries of registration and the share classes with the asset manager, or on the web site https://www.axa-im-international.com/fund-centre-for-cross-border-ranges, where a fund registration map is available. The most recent prospectus and Key Investor Information Document (KIID) is available to all investors and must be read prior to subscribing and the decision whether to invest or not must be based on the information contained in the prospectus. The tax treatment relating to the holding, acquisition or disposal of shares or units in the fund depends on each investor’s tax status or treatment and may be subject to change. Any potential investor is strongly encouraged to seek advice from its own tax advisors.
AXA WF Euro Credit Short Duration, AXA WF US Credit Short Duration IG, AXA WF Emerging Markets Short Duration, AXA WF Asian Short Duration and AXA WF Global Inflation Short Duration are sub-funds of AXA World Funds, which is a SICAV fund domiciled in Luxembourg. AXA IM FIIS US Short Duration High Yield and AXA IM FIIS Europe Short Duration High Yield are sub-funds of AXA IM Fixed Income Investment Strategies, which is a mutual investment fund (FCP) domiciled in Luxembourg. The sub-funds are not recognised by the UK Financial Conduct Authority and are not to be marketed to retail investors in the UK.
Information concerning portfolio holdings and sector allocation is subject to change and, unless otherwise noted herein, is representative of the target portfolio for the investment strategy described herein and does not reflect an actual account . The performance information shown herein reflects the performance of a composite of accounts that does not necessarily reflect the performance that any particular account investing in the same or similar securities may have had during the period. Actual portfolios may differ as a result of client-imposed investment restrictions, the timing of client investments and market, economic and individual company considerations. The holdings shown herein should not be considered a recommendation or solicitation to buy or sell any particular security, do not represent all of the securities purchased, sold or recommended for any particular advisory client, and in the aggregate may represent only a small percentage of an account’s portfolio holdings. Representative Accounts have been selected based on objective, non-performance based criteria, including, but not limited to the size and the overall duration of the management of the account, the type of investment strategies and the asset selection procedures in place. Therefore, the results portrayed relate only to such accounts and are not indicative of the future performance of such accounts or other accounts, products and/or services described herein. In addition, these results may be similar to the applicable GIPS composite results, but they are not identical and are not being presented as such. Account performance will vary based upon the inception date of the account, restrictions on the account, along with other factors, and may not equal the performance of the representative accounts presented herein. The performance results for representative accounts are gross of all fees and do reflect the reinvestment of dividends or other earnings.