Technology and Technology Innovation
AXA Framlington Global Technology
Last updated: 2026-09-11
The Verdict
AXA Framlington Global Technology charges an expense ratio of 1.57%. On a $100,000 portfolio, that's $1,570 per year in fees, and it scales with the amount invested. Supreme.PM's decoded model tracked it at only 20% correlation over the measured period, so it should not be treated as a substitute for this fund, for a flat monthly subscription that does not change with portfolio size.
Expense Ratio
1.57%
Star Rating
3/ 5
Market Beta
0.95
Model Correlation
20%
Sharpe Ratio
0.58
Max Drawdown
39.73%
Supreme.PM Cost
Flat monthly subscription
Not a percentage of your assets
Performance
Performance comparison — 1Y: Fund 34.8% vs Model 35.1%; 3Y: Fund 101.6% vs Model 115.8%; 5Y: Fund 69.0% vs Model 92.8%.
Alpha After Fees
Supreme.PM's model shows 20% correlation with AXA Framlington Global Technology over the measured period. That is weak tracking: the model does not reproduce this fund's return pattern, and a negative figure means it moved in the opposite direction.
Fee Analysis
AXA Framlington Global Technology charges 1.57% of assets annually. Supreme.PM charges a flat monthly subscription instead, so its cost does not rise as a portfolio grows.
Data sources: Refinitiv Lipper, SEC EDGAR Filings, Supreme.PM Analytics
Past performance does not guarantee future results. Model returns are backtested and may not reflect actual trading conditions.
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Frequently Asked Questions
What is the expense ratio of AXA Framlington Global Technology?
AXA Framlington Global Technology has an expense ratio of 1.57%, charged as a percentage of the amount invested. Supreme.PM's decoded model is offered for a flat monthly subscription instead.
How does Supreme.PM replicate AXA Framlington Global Technology?
Supreme.PM builds a transparent, rules-based model of listed securities designed to track this fund's return profile. Over the measured period it tracked the fund poorly, at 20% correlation. The model is published in full, so its positions are visible rather than disclosed with a delay.
What are the risks of fund replication?
While our models aim for high correlation, they may not perfectly match the fund's returns due to timing differences in rebalancing, transaction costs, and disclosure delays. Backtested results may not reflect future performance.
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