Emerging Markets Fund
Overview
The Emerging Markets Fund (the Fund) is closed to new investors.The Fund invests in AllianceBernstein’s Luxembourg Emerging Markets Value Portfolio and AllianceBernstein’s Luxembourg Emerging Markets Growth Portfolio, which both invest in emerging market shares for their potential to provide long-term capital growth.
What is the investment strategy of the Fund?
The investment strategy for the Fund is an active, neutral equity portfolio that seeks to deliver significant premium with consistency by combining a high-conviction growth component that invests in companies that offer the best combination of superior earnings growth and valuation attractiveness, with a deep-value component that seeks to purchase stocks with the most promising long-term earnings for the best price.What the Fund invests in?
The Fund invests in the AllianceBernstein Luxembourg Emerging Markets Value Portfolio and the AllianceBernstein Luxembourg Emerging Markets Growth Portfolio with a blend overlay implemented by the AllianceBernstein Blend Strategies team.The underlying Luxembourg Portfolios have a base currency of USD but the Fund is expressed in AUD. The Fund’s currency exposure generated is unhedged. The Fund aims to invest a minimum of 95% in the Luxembourg Emerging Markets Value and Emerging Markets Growth Funds.
Who should invest in the Fund?
The Fund suits investors prepared to accept a high level of volatility and risk as a trade-off for returns that might typically be expected to be above those returned by other global asset classes over the longer term.Product information
Toolbox
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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As at 30th March 2011, AXA Asia Pacific Holdings Limited and all of its Australian and New Zealand subsidiaries ceased to be members of the Global AXA Group and became members of the AMP Group.
