As part of its commitment to deliver superior value to investors, AXA Mansard Investments Limited, has launched two new mutual funds, the AXA Mansard Money Market Fund and the AXA Mansard Equity Income Fund.
The funds were created to cater to the savings and investment needs of individual and corporate clients, and give investors a platform for achieving their short to long term financial goals.
The AXA Mansard Money Market Fund is designed for investors with low risk appetite looking to maximize interest income in short-tenured securities. Conversely, the AXA Mansard Equity Income Fund is suitable for investors with higher risk appetite, seeking income and capital growth through a portfolio of attractively valued dividend paying stocks.
Calling on investors to take advantage of the mutual funds, the chief executive officers of AXA Mansard Investment, Mr. Deji Tunde-Anjous, said “The launch of both products is in line with our promise to deliver investment solutions built around our clients’ needs, goals and risk tolerance.”
“The AXA Mansard Money Market Fund aims to achieve competitive returns for investors who require regular and capital protection, while the AXA Mansard Equity Income Fund helps investors maximize long-term income and capital appreciation by investing significantly in undervalued listed stocks that pay attractive and growing dividends. Combining both, investors can build a low cost investment plan towards meeting their short to long term goals.”
Commenting on the launch of the mutual products, the non-executive director of the company, Yomi Onifade, stated that during this period of significant economic pressure, the importance of augmenting one’s income using safe and accessible means cannot be overemphasized, saying “Mutual Funds provide a unique opportunity for individuals to do this, while diversifying their investments across a broad range of instruments that they may ordinarily not be opportune to hold.”