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A flexible and dynamic exposure to European equity markets

The AXA WF Optimal Income fund provides investors with a prudent exposure to European equity markets, with its primary goal being to capture the equity upside while mitigating market draw-downs.

 

<h3> AXA WF Optimal Income</h3> <p> Serge Pizem, Head of Total Return Management and Lead Portfolio Manager of the AXA WF optimal income fund, describes that by taking a flexible and active stance in Equities, the fund has generated performance across different market conditions. Highlights:- Description of the fund's concept - Fund performance amidst market turmoil- Impact on asset allocation- Outlook for 2011 and beyond</p> <a href="http://www.axa-im-webtv.com/nl/axa-wf-optimal-income-video-793.html"><img alt="AXA WF Optimal Income" height="129" src="http://www.axa-im-webtv.com/benelux/uploads/20110708-092736/thumbnail_8_black.jpg" width="230" /></a>

A solid, high quality portfolio

The portfolio managers employ a fundamental bottom-up approach that relies on the strong knowledge and understanding of companies to select i) quality equities with good dividend yield ii) equities with clear visibility as to future earnings potential, and iii) corporate bonds from robust issuers.

Flexible and proactive management

With no benchmark or strategic constraints, the Fund's equity exposure can vary from 25% to 75%, depending on market conditions.  Various derivative strategies complement this asset allocation, allowing the fund to tactically adjust market exposure.

Tactically reducing the portfolio's volatility

The remainder of the Fund's portfolio (a minimum of 25%) is defensively positioned in fixed income securities from robust issuers (corporate bonds) and money markets in order to contain overall portfolio volatility and enhance the portfolio's risk/return profile.

A proven track record, extensive investment expertise

The fund is well established and has a proven track record of 7 years. To this end, the fund benefits from AXA IM's Investment Strategy team's macroeconomic analysis and AXA Fixed Income team's research, along with AXA Framlington team's views on stock fundamentals.