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AXA Financement Entreprises
Key Statistics
Fund Size
€451M
Target Return
N/A
Annualized Return
N/A
Launch Year
2024
Min. Investment
€75,000
Availability
Open through selected distributors
Structure
FPS (ELTIF 2.0)
Product Category
Open-end
Domicile
France
GP Type
Single
Liquidity Level
Semi-liquid
Management Fee
2.02%
Carry
None (no performance fee in the A-unit fee table)%
High Water Mark
No
ISIN
FR001400RYD7
Currencies
EUR
Investor Eligibility
Retail
Liquidity Options
Bi
Highlights
Allocations
Investment Strategy
Industry Focus
Historical Performance
Performance Summary
A Capitalisation EUR(FR001400RYD7) — Performance from 2024-11-15 to 2026-08-15
NAV: 111.07
Performance Comparison
MTD
0.71%
Year to Date
3.13%
1-Year Return
5.28%
Historical NAV Per Share
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | — | — | — | — | — | — | — | — | — | — | — | — |
B Capitalisation EUR(FR001400RYF2) — Performance from 2025-02-15 to 2026-08-15
NAV: 109.27
Performance Comparison
Year to Date
3.26%
1-Year Return
5.40%
Historical NAV Per Share
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | — | — | — | — | — | — | — | — | — | — | — | — |
C Capitalisation EUR(FR001400RYB1) — Performance from 2024-10-07 to 2026-08-15
NAV: 111.06
Performance Comparison
Year to Date
3.13%
1-Year Return
5.28%
Historical NAV Per Share
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | — | — | — | — | — | — | — | — | — | — | — | — |
Information about fund
AXA Financement Entreprises at a Glance
AXA Financement Entreprises is a French FPS approved by the AMF as an ELTIF 2.0 on 9 August 2024 — AXA IM Alts’ first evergreen private credit vehicle under the new regime, launched under the Loi Industrie Verte as a unit-linked option in AXA France life insurance, capitalisation and PER contracts. AXA France seeded it with EUR 300m and individual savers added more than EUR 230m by the end of 2024. Since the merger of AXA IM Paris into BNP Paribas AM Europe on 31 December 2025, the latter is the management company of record, with part of the private debt delegated to CAPZA.
Key Figures (2026)
Net Assets
€451M+
A €164M + C €266M + B €21M (31 Jul 2026)
2025 Return
6.25%
A units; 1-year 5.28%, YTD 3.13% (15 Aug 2026)
Allocation
70 / 30
Private debt / liquid assets (target)
Fees (A units)
2.02% max
Mgmt + marketing; 1.34% ongoing observed; no performance fee
Minimum
€75,000
Direct; or via AXA France unit-linked contracts
Holding Period
7 years
Recommended minimum; SFDR Article 8
Terms & Liquidity
| NAV | Twice monthly (15th and month-end); orders centralised one business day before |
| Redemptions | Every 15 days, capped at 20% of liquid assets per rolling month, pro rata; excess requests lapse and must be resubmitted |
| Settlement | 9 business days in normal conditions, up to 6 months if required |
| Units | A (FR001400RYD7), B, C, T — EUR, accumulating; entry charge max 1%, no exit charge |
| Distribution | France only (ESMA register); not available to Dutch or US investors |
No PRIIPs KID was publicly retrievable, so the summary risk indicator is not shown; terms rest on the September 2024 brochure and the BNP Paribas AM product page. Investors should be able to commit capital for at least seven years and accept a significant risk of capital loss, the illiquidity of unlisted debt, and capped, deferred or suspended redemptions.
Deepdive & Related Funds
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