AXA Framlington Global Opportunities Fund Accumulation Units
Also available as income units
At a glance
| Initial charge | 5.25% |
|---|---|
| Initial saving | 5.25% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.87% |
| Launch date | 29-10-1976 |
| Launch price | £0.50 |
| Sector | Global Growth |
| Fund size | £108 million |
| Number of holdings | 79 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
AXA Framlington has announced that their Managed Growth fund will undergo a change of name. From 18 February 2008 it will be known as the AXA Framlington Global Opportunities Fund.The objectives of the fund remain the same; AXA Framlington simply feels the new name is a better description of the fund. The only change to the manager’s investment powers is that he can now invest up to 10% of the fund in other funds.
The fund management was taken over by Mark Tinker in 2007, whose style has led to a slight reduction in the number of holdings. We do not believe that existing investors have any cause for concern over these relatively minor changes to the fund.
Full research
About the Fund Manager
Mark Tinker
Located in: London
Mark joined AXA Framlington in November 2006 as a portfolio manager for Global Equity.
Previously, he was at Execution Limited, where he worked as Global Strategist from 2002. Before this, he spent 4 years at Commerzbank as Head of Equity and Debt Strategy, having spent the years 1994 to 1998 first with HSBC James Capel, joining the foremost research house in Europe as Head of UK Strategy, and then with UBS Warburg, where he ran their Pan European Equity Strategy team.
Mark began his career as an economist at Williams and Glynn (now RBS) and then CS Buckmaster and Moore, before moving to Equity Strategy at Kleinwort Benson.
Mark graduated with an honours degree from Durham University in 1983.
Income details
| Running yield | N/a |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 15 June 2008 |
|---|---|
| Payment date ³ | 15 April 2008 |
1 of 2 
Top 10 holdings
| Flir Systems | 2.75% |
|---|---|
| BG Group | 2.06% |
| Unilever Indonesia | 1.98% |
| Syngenta AG | 1.98% |
| Praxair | 1.85% |
| Plant Health Care | 1.80% |
| Monsanto Co. | 1.76% |
| Torishima Pump Manufacturing Co. | 1.70% |
| Nintendo Co. | 1.68% |
| ABB | 1.67% |
Top 10 sectors
| Industrial Engineering | 13.35% |
|---|---|
| Cash and Equiv. | 11.80% |
| Chemicals | 7.99% |
| Oil & Gas Producers | 7.20% |
| Aerospace & Defence | 6.72% |
| Personal Goods | 5.97% |
| Banks | 5.51% |
| Industrial Transportation | 4.58% |
| Non-Classified | 4.46% |
| Construction & Materials | 3.99% |
Top 10 countries
| United States | 23.27% |
|---|---|
| United Kingdom | 18.15% |
| Cash and Equiv. | 11.80% |
| Japan | 8.96% |
| Switzerland | 6.09% |
| Non-Classified | 4.60% |
| France | 4.57% |
| Brazil | 4.09% |
| Hong Kong | 2.94% |
| Indonesia | 2.85% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
