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AXA Elevate Adds 20 New Funds

Wendy Spires

21 May 2010

AXA Elevate has added 20 new funds to the platform, including three new fund groups.

First among the new additions is the Smith & Williamson short dated corporate bond fund, which invests in short dated bonds across the UK, US and Europe.

Next are four multi-manager funds from WDB Assetmaster – its Cautious, Balanced, Growth and International Growth funds.

The third new provider is BDT Invest, which has had its Asian Focus, Oriental Focus and Japan Focus funds added to the platform. These funds are growth-orientated funds focused on bottom-up stock picking that create concentrated portfolios of no fewer than 50 stocks, AXA Elevate said in a statement.

The remainder of the new funds come from existing providers and are as follows: Insynergy’s Absolute China and Absolute India funds; the JO Hambro Capital Japan Select fund; Fidelity’s Global Inflation Bond fund; 7IM’s CF7IM Personal Injury fund; Schroder’s Global Alpha Plus fund; Franklin Templeton’s Emerging Markets Bond, Global Total Return and Strategic Bond funds, and the Absolute Insight and UK Dynamic Managed funds from Insight.