AXA IM’s ESG fund ‘recommended'

AXA-Investment-Managers/AXA/morningstar/RIAA/performance/fund-manager/

29 August 2016
| By Anonymous (not verified) |
image
image
expand image

AXA Investment Managers' (AXA IM) fully integrated environmental, social and governance (ESG) smart beta equity pool fund has outperformed its benchmark by 4.69 per cent, while it also received a ‘recommended' rating from research house, Lonsec.

AXA's IM ACWI SmartBeta Equity fund received the ‘recommended' rating from Lonsec as it offered investors a low-fee, systematic approach to global equities, with less volatility than the benchmark, while it allowed for ESG considerations.

The fund also received a ‘high' Morningstar sustainability rating and responsible investment certification from the Responsible Investment Association Australasia (RIAA), AXA IM said.

Managed by AXA IM's Rosenberg Equities team, the fund was designed to give Australian long-term investors a more efficient way of capturing global equity market beta, while it avoided the limitations of both market cap-weighted indices and alternative weighted schemes, the firm said.

Since the fund launched it achieved an annualised return of 18.4 per cent.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 2 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 1 day ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND