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Axa Framlington To Float Mid Cap Fund
Axa Framlington will launch a new U.K. mid cap fund on March 4, 2011.
Axa Framlingtonwill launch a new U.K. mid cap fund on March 4, 2011,Fund Strategyreports. TheAxa Framlington U.K. Mid Capfund will be managed byChris John, who will use a mix of top-down themes and bottom-up stock analysis when determining the exact composition of the portfolio.
The new vehicle will hold between 60-80 stocks, with a minimum of 70% of its portfolio exposed to theFTSE 250. Axa will initially offer the fund through an institutional share class.
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