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Global Equity Growth Fund
The Global Equity – Growth Fund ('the Fund') is closed to new investors but is now available for investment in AXA's Generations product range. The Fund is now known as: Alliance Growth Global Equity.
Overview
The Fund provides exposure to international shares chosen for their potential to provide strong capital growth.
This Fund aims to
Provide you with long term capital growth and to outperform the Morgan Stanley Capital International World Index (Net Dividends Reinvested), in Australian dollar terms, after costs and over rolling five year periods.
Product information update
Changes to investment strategy - currency management
From 1 October 2008, AXA’s Global Equity – Growth Fund (the Fund) will use active currency management with the objective to enhance return and potentially lower risk over the long term. Active currency management includes cross currency trading, and may involve the Fund gaining foreign currency exposure where no underlying asset related currency exposure exists.
Changes to the buy/sell margin
Effective 1 April 2007, the Fund’s buy margin will be decreased from 0.35% to 0.20%. The buy margin will be applied to all new investments into the Fund. In addition, the Fund’s sell margin will be decreased from 0.35% to 0.20%. The sell margin will be applied to all redemptions from the Fund.
 | Unit Price | 10/03/10 | Entry Price | 0.4818 | Exit Price | 0.4799 |  |
This product summary is only provided for information purposes. It does not contain investment recommendation nor provides investment advice. Professional investment advice can help you determine your tolerance to risk as well as your need to attain a particular return on your investment. We strongly encourage you to obtain detailed professional advice and to read the relevant offer document in full before making an investment decision. Units in the fund will only be issued upon receipt of an application form accompanying a current disclosure document.
The information is provided for persons in Australia only and is not provided for the use of any person who is in any other country. | |
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