AXA IM Launches Defensive European Equity Fund
Please note the following product is not registered in the UK and consequently is not available to any investor in the UK.
AXA IM launches Defensive European Equity fund offering exposure to sustainable European equities with downside protection
AXA Investment Managers (AXA IM), part of BNP Paribas Group, launched the AXA WF Defensive European Equity Fund, a defined outcome strategy exposed to the MSCI Europe Climate Paris Aligned Index. The fund is designed to provide a predetermined level of downside protection and limited upside participation over each quarter.
Compared to traditional equity portfolios, the fund aims to reduce volatility for investors by giving a clear outcome of risk and return while ensuring long-term capital growth, by seeking to reduce potential losses on the downside. Each quarter, the protection given by the fund is reset to ensure capital invested is protected against losses between -5% and -20% over the next quarter, providing reduced risk while forgoing some upside over the same period.
The strategy is managed by AXA IM’s structured asset management team, specialized in managing protection overlays and option based solutions for institutional and retail clients, with an average of 20 years of experience.
Lorraine Zafrani, Head of Structured Asset Management at AXA IM, said: “We are excited to offer a product that not only reduces uncertainty for investors and reduces the downside risk, but also provides them with access to AXA IM’s time-tested expertise in derivatives, usually offered to instutional clients only. Moreover the fund is one of the first of its kind to give a framed exposure to the European market with an actively engaged ESG approach.”
The fund is classified Article 8 under SFDR, and the underlying index on which the strategy is built is the MSCI Europe Climate Paris Aligned Index, which promotes environmental and social responsibility, reflective of the strategy focusing on the climate transition.
The product is available to institutional and retail investors in Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden and Switzerland. It is not currently available to investors in the UK.
Disclaimer
This press release should not be regarded as an offer, solicitation, invitation or recommendation to subscribe for any investment service or product and is provided for information purposes only. No financial decisions should be made on the basis of information provided.
This document is for informational purposes only and does not constitute investment research or financial analysis relating to transactions in financial instruments as per MIF Directive (2014/65/EU), nor does it 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 solicitation or investment, legal or tax advice, a recommendation for an investment strategy or a personalized recommendation to buy or sell securities.
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 professional external advice.
The products or strategies discussed in this document may not be registered nor available in your jurisdiction. Please check the countries of registration with the asset manager, or on the web site https://www.axa-im.com/en/registration-map, where a fund registration map is available. In particular units of the funds may not be offered, sold or delivered to U.S. Persons within the meaning of Regulation S of the U.S. Securities Act of 1933. 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.
For more information on sustainability-related aspects please visit https://www.axa-im.com/what-is-sfdr
For investors located in the European Union :
Please note that the management company reserves the right, at any time, to no longer market the product(s) mentioned in this communication in the European Union by filing a notification to its supervision authority, in accordance with European passport rules.
In the event of dissatisfaction with AXA Investment Managers products or services, you have the right to make a complaint, either with the marketer or directly with the management company (more information on AXA IM complaints policy is available in English: https://www.axa-im.com/important-information/comments-and-complaints ). If you reside in one of the European Union countries, you also have the right to take legal or extra-judicial action at any time. The European online dispute resolution platform allows you to submit a complaint form (available at: https://ec.europa.eu/consumers/odr/main/index.cfm?event=main.home.chooseLanguage) and provides you with information on available means of redress (available at: https://ec.europa.eu/consumers/odr/main/?event=main.adr.show2).
Summary of investor rights in English is available on AXA IM website https://www.axa-im.com/important-information/summary-investor-rights. Translations into other languages are available on local AXA IM entities’ websites.
AXA World Fund Defensive European Equity Fund of AXA World Funds. AXA WORLD FUNDS’ registered office is 49, avenue J.F Kennedy, L-1885 Luxembourg. AXA World Funds is registered under the number B. 63.116 at the “Registre de Commerce et des Sociétés.” AXA World Funds is a Luxembourg SICAV UCITS approved by the CSSF. It is managed by AXA Investment Managers Paris , a company incorporated under the laws of France, having its registered office located at Tour Majunga– La Défense 9 – 6, place de la Pyramide,– 92800 Puteaux, registered with the Nanterre Trade and Companies Register under number 353 534 506, and a Portfolio Management Company, holder of AMF approval no. GP 92008, issued on 7 April 1992.
Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.
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: 22 Bishopsgate London EC2N 4BQ
In other jurisdictions, this document is issued by AXA Investment Managers SA’s affiliates in those countries.