AXA Investment Managers' (AXA IM) Luxembourg flagship Sicav, the AXA World
Funds (AXA WF), is adding ten new funds to the range.
The AXA WF funds, which had record growth in 2006 with AUM increasing by 170% to €10.5 billion, are distributed in 15 countries throughout Europe, Asia, the Middle East and Latin America. The addition of the new 10 funds will take the total funds in the range to 42.
The funds being added to the range are:
- AXA WF Aedificandi Global
- AXA WF Junior Energy
- AXA WF Europe Dividend
- AXA WF Portable Alpha Absolute
- AXA WF Alpha Credit Bonds
- AXA WF Framlington Japan
- AXA WF US Libor Plus
- AXA WF Bonds Core Plus
- AXA WF US High Yield Bonds
- AXA WF Talents Europe
The geographical expansion of the range was coupled with strong net new money growth, especially in the fixed income funds such as AXA WF US Libor Plus, in the funds related to the maturity range (AXA WF Euro 1-3, AXA WF Euro 3-5, AXA WF Euro 5-7, AXA WF Euro 7-10, AXA WF Euro 10+LT) and in the AXA WF Optimal Income fund.