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Axa launches blue chip fund

AXA Framlington has recently launched the UK blue chip equity income fund. This was previously the UK equity income fund prior to the fund rationalism programme, which AXA Investment Managers has been implementing over the past year.

It seeks to offer investors another alternative in the equity income sector. The portfolio will have between 50 and 70 individual equity holdings and aims to provide a growing income and capital growth.

The fund will be managed by Jamie Forbes-Wilson, a member of the AXA Framlington UK equity team.

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