As part of its commitment to deliver superior value to investors, AXA Mansard Investments Limited, a multi-expert Asset Management Company within the AXA Mansard Group, 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-tenored 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, Deji Tunde-Anjous, CEO, AXA Mansard Investments Limited, 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, Yomi Onifade, Non-Executive Director, AXA Mansard Investments Limited stated that “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. The simplicity of these products along with their attributes exemplify our unwavering drive to create exceptional value for all our clients.”
AXA Mansard Investments has built an enviable track record in investing on behalf of the AXA Mansard Group and other investors across traditional (Equities, Money Market & Fixed Income), as well as alternative asset classes (Real Estate and Private Equity). The AXA Group is a worldwide leader in insurance and asset management, with assets under management of Euro 1,363 billion, and 166,000 employees serving 103 million clients in 64 countries.
AXA Mansard Insurance plc. was incorporated in 1989 as a private limited liability company and is registered as a composite company with the National Insurance Commission of Nigeria (NAICOM). The Company offers life and non-life insurance products and services to individuals and institutions across Nigeria whilst also offering health insurance, investment management and pension management services through its subsidiaries, AXA Mansard Health Limited, AXA Mansard Investments Limited and AXA Mansard Pensions Limited respectively.
In December 2014, AXA Mansard became a member of AXA following AXA’s acquisition of Assur Africa Holdings (AAH), former majority shareholders in Mansard Insurance Plc. AXA Mansard Insurance Plc. was listed on the Nigeria Stock Exchange in November 2009 and has the highest market capitalization in the Insurance sector of the Exchange.
AXA Mansard Investments Limited is duly registered by the Securities and Exchange Commission of Nigeria as a Fund/Portfolio Manager. AXA Mansard Investments Limited is a wholly owned subsidiary of AXA Mansard Insurance Plc; a member of the AXA Group.