Axa Isle of Man has teamed up with Royal Bank of Scotland to develop the Axa IoM Autobalancing fund.
Designed to help investors' time movements in and out of market sectors, it is exclusively available through Axa IoM offshore bonds. The fund aims to offer diversified asset exposure to established equity markets, emerging equity markets, worldwide property and commodities by purchasing a bespoke security issued by RBS and will monitor these sectors daily. On a monthly basis, the fund can divert out of individual sectors into a money market fund when a downward trend is detected or volatility exceeds normal parameters. Furthermore, it can switch out of individual sectors into the m...
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