By Nkiruka Nnorom
AXA Mansard Investments Limited, the asset management subsidiary of AXA Mansard Group, has launched two new Mutual Funds – the AXA Mansard Money Market Fund and the AXA Mansard Equity Income Fund as part of its commitment to deliver superior value to investors.
The Funds were created to cater to the savings and investment needs of individual and corporate clients, and give investors a platform to achieve 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-tenored securities, while 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.
Speaking at the launch in Lagos, Deji Tunde-Anjous, CEO, AXA Mansard Investments Limited, said the launch of both products is in line with the company’s promise to deliver investment solutions built around 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, Tunde-Anjous said. “
Commenting on the launch of the products, Yomi Onifade, Non-Executive Director, AXA Mansard Investments Limited said: “During this period of significant economic pressure, the importance of augmenting one’s income using safe and accessible means cannot be overemphasized.
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 opportuned to hold. With our Funds, clients also get excellent service and professional investment management; empowering them to live better lives.