AXA’s new line of accumulife option funds brings numerous advantages

Posted on August 14, 2008 in AXA Insurance, Life Insurance Canada News
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The AXA Group has introduced a new line of accumulife option funds that brings together investment managers with 12 investment options, offering funds that range from fixed income to maximum growth portfolios.

 
In a recent press release, AXA listed several advantages of these accumulife option Guaranteed Investment Funds. They include:

  • A wide range of possibilities offered through the funds and their diversification;

  • Very competitive management fees;

  • Guarantees and forms of protection not offered by mutual funds;

  • The international reputation and experience of fund managers: AllianceBernstein, AXA Rosenberg, Franklin Templeton and TD Asset Management.

Lorne’s Comments:

AXA’s Accumulife funds have competitive MERs when compared with other segregated funds on the market. Their fund line offers 12 funds in total; until now two of these were limited to institutional investors Global Equity and Canadian Equity, both offered by AXA Rosenberg.

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