AXA Framlington UK Equity Income RM GBP Acc
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General Objective
The general objective of this fund is to produce higher than average income with long-term growth of income and capital over a period of 5 years or more. The fund manager also aims to achieve a yield of distributable income in excess of 100% of the FTSE All Share yield at the Fund's year end on a rolling 3 year basis, and in excess of 90% on an annual basis.
Fund Exposure
The fund has at least 70% of its investments in shares of companies domiciled, incorporated, or having significant business in the UK, with a focus on leading companies within their sector that are expected to provide above-average returns. Additionally, the fund has at least 51% of its investments in large companies which are in the FTSE 100 index. The fund manager selects shares based on analysis of a company's prospects for future growth in dividend payments, financial status, quality of its management, expected profitability, and prospects for growth.
Risks
Investors should be aware that this fund may not be suitable for those planning to withdraw their contribution within five years. Additionally, the fund may use derivatives for Efficient Portfolio Management, and may also utilize borrowing, cash holdings, hedging, and other investment techniques permitted in the applicable Financial Conduct Authority rules, which may introduce additional risks.