AXA Investment Managers is set to launch the AXA World Funds – MiX in Perspectives fund on 28 February 2017, InvestmentEurope can reveal.
The fund, which is domiciled in Luxembourg within the AXA World Funds Sicav, consists of an actively managed portfolio of listed equity and equity-related securities of all cap worldwide companies which promote gender diversity and women leadership.
The AXA World Funds – MiX in Perspectives fund will invest at least two thirds of its net assets in equities and equity-related securities of companies which (i) are leaders in the reduction of gender-gap and foster diversity ; (ii) have a high representation of women in management and/or (ii) demonstrate a strong commitment to adopt and implement women friendly policies.
The fund will be managed by Julie Lamirel.
The management team will use a strategy combining macro-economic, sector and company specific analysis.
According to fund literature, the securities selection process relies on a rigorous analysis of the companies’ business model, management quality, growth prospects and risk/return profile, with a focus on medium to long-term benefits from the companies which demonstrates a strong commitment to promote women leadership.
The fund may also invest up to one third of its net assets in money market instruments and up 10% in units of Ucits and/or other Ucis.