Axa Framlington offering cautious multi-asset fund

clock

Axa Framlington has added a cautious multi-asset fund to its multi-manager range, which will invest ...

Axa Framlington has added a cautious multi-asset fund to its multi-manager range, which will invest a third in cash. The Multimanager Reserve fund, the sixth in the range, will invest the remaining two-thirds of assets equally in fixed interest and property funds and targets a total return above cash over five years. It launched with just under £17m in assets and the estimated gross yield for the vehicle is 4.5%. Minimum initial investment stands at £1,000 and commission stands at 3% upfront and trail of 0.5%. The initial charge stands at 4%, and the AMC at 1%, with an estimated TER of ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Managed funds

Trustpilot